The Business Times, 19 June 2002

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Microfilm: NL24496
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    13 1 THE BUSINESS TIMES MITA (P) 010/03/2002 I Internet^itt^/busines^ime^si^^o^^g SINGAPORE WEDNESDAY, JUNE 19, 2002
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  • Article
    Lock icon MARKET SUMMARY
    72 1 an UMuN (+2.81) st nam roroiss MOlOO (-6.00) SDBOKITTTDRES m.T (+0.90) STOCK MA1XET INDICES Tuesday Change KLSECOMP 747.42 +0.83 NIKKEI 225 _10#9.93_+17i82 HANO SENG _10,852.04 +19.78 SET INDEX 418.52 +1.13 JAKARTA COMP .539.82 -4.70 MANILA COMP -U5057 0.24 TAIPEI WPI 5AM.42 -139 SEOULCOMP ***** +0i4 SHENZHEN B 211.11
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  • Article
    Lock icon FINANCE
    68 1 FOIEX BATES uss ss US$ (SS per USS) 1.790 £(US$/S$ per _1.481 1661 EURO(US$/S$/E). mi 1.695 DM 2.216 1.238 YEN 124.6 69.60 RM 3.800 2.122 HKS 7JK00 4J57 BAHT 42.17 RUP1AH 8,65a 4,834 FBDOB BATES SINGAPORE* §j» KUALA LUMPUR _U0 HONG KONG 512§ JAKARTA 3900 TAIPEI 6725 TOKYO 1J75
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  • Article
    Lock icon Top accounting spot still eludes beefed-up Ernst
    886 1  -  BTu <h k-i r/J With 500 Andersen staff joining, its headcoont will still trail PwCs 1,700 By\ Siow Li Sen, Serena Ng [SINGAPORE] Ernst Young will not pip PricewaterhouseCoopers to become Singapore's biggest accounting firm in terms of headcount, contrary to earlier expectations.
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  • Article
    Lock icon Wall St surge fails to lift regional markets
    390 1 Dow np 22 at noon EST after 2.2% jump on Monday [SINGAPORE] Regional stock markets were largely unimpressed yesterday by Wall Street's Monday rally, with early gains whittled away as the session progressed. On Monday, US stocks rallied as four weeks of
    390 words
  • Article
    Lock icon SingTel launches SMS service for fixed-line phones
    376 1  -  It's in talks to extend service to other mobile networks By, Aaron Low [SINGAPORE] After taking cellphone users by storm. Short Messaging Service (SMS) is now set to invade Singapore homes via fixedline telephones. Sing Tel announced yesterday that its fixed-line customers are
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  • Article
    Lock icon 35,000 S'poreans among world's millionaires
    537 1 Tally on world's rich excludes property holdings BTR Zfy Catherine Ong [SINGAPORE] Despite the recession, the number of people in Singapore with over US$l million in financial assets (not including property) grew slightly to 35,000 last year, according to a report on the world's rich.
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  • Article, Illustration
    Lock icon Korea stuns favoured Italians
    153 1 [DAEJEON, South Korea] Co-host South Korea stunned soccer superpower Italy 2-1 to enter the quarter-finals of the World Cup with a dramatic goal in sudden-death extra-time play. Ahn Jung Hwan, already a darling with Korean fans after his dramatic goals earlier in the competition, leapt high
    AP  -  153 words
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      70 1 maPE Top Stories Capita Land to cut size of public offer for mail trust. Pg 3 Seiangor sultan may gain control of Southern Bank. Pg 11 Microsoft signs on as Cyberport tenant. Pg 12 Weak stocks a drag on US spending. Pg 14 US May consumer prices unchanged. Pg 15
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      9 1 WANTED: more investor education E\t;c \1orit'V. B,it k P<)^c
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      11 1 MORE REPORTS, Pgl7 Better to be humble than smart, Pg 6
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      360 1 I wt it m. Interested in saving money on your overseas property loan? Since the start of 2001, the US dollar Federal Funds rate has been reduced an astonishing 11 times and has reached its lowest level in almost four decades. Similarly, the Sterling pound base rate has been reduced
      360 words
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    • ON THE grapevine
      • Article
        Lock icon Launch party surprises
        131 2 THE launch party to kick off iX 2002 a major IT conference now in progress sprang a few surprises on the guests. There was, for instance, Accenture country manager Willie Cheng and Media Works chief Lee Cheok Yew entertaining with a lip synch set to rap music.
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      • Article
        Lock icon Trigger-unhappy
        140 2 US investment firm Aeltus Investment Management has this to say about the state of the stock markets in its June 3 weekly report: "Just who are the men with their fingers on the trigger and what makes them tick? I don't happen to know anyone who has followed the
        140 words
    • Article
      Lock icon US MNCs in region expect to expand – in China
      872 2  - US MNCs in region expect to expand in China Survey highlights need for S-E Asia to tackle graft, protectionism Reports by Chuang Peck Ming [SINGAPORE] US multinational corporations in South-east Asia are likely to expand their operations in the next two years but the main beneficiary will be booming China,
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    • Article
      Lock icon One-third of US MNCs plan to expand workforce here
      322 2 Many of them complain about high costs hut are happy with the corruption-free system [SINGAPORE] The good news for Singaporeans especially those jobless is that one-third of the US multinational corporations is going to expand its workforce here, according to a
      322 words
    • Article
      Lock icon Customers blame banks for Internet banking inertia
      435 2  -  By Siow Li Sen [SINGAPORE] Don't blame us, blame the banks. That's the reaction of The Business Times readers to a survey that said Singaporeans' risk-aversion has caused the relative failure of Internet banking here. A BT report on Monday "Tech-averse Singaporeans give
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    • Article
      Lock icon Correction
      51 2 IN yesterday's report "Call to create pan-Asian market for ICT", we erred in saying that David Lim, Acting Minister for Information, Communications and the Arts, was speaking at the launch of CommunicAsia. Mr Lim was speaking at the launch of iX2002, the infocommunications conference. We are sorry for the
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      374 2 KPMGSeminarSerics Credit Derivatives 1 Credit where credit is due r" Q1 1 lT\ 18 &19 July 2002, 9.00 am to 5.00pm 1 Q V~\ M Orchard Hotel Singapore jf l Accelerated changes in global financial markets over the past decade have renewed focus on credit risk. Internet, industry convergence, and
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      22 2 Rank! have role in low takeup of e-banking, Mailbag Pg 9 Poor connectivity to blame for low Net banking use, Pg 9
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  • SINGAPORE companies
    • Article
      Lock icon CapitaLand to cut size of public offer for mall trust
      484 3 It will also raise dividends to 7-7.5% to boost chances of successful flotation ffi/Katpana Raahiwala IN a move that is likely to boost chances of a successful flotation this time, Capita Land is expected to reduce the size of the
      484 words
    • Article
      Lock icon UOB Philippines insists that arbitration be used to settle row
      387 3  -  It says this was provided for in deal with local partners From, Al Labita in Manila UNITED Overseas Bank's (UOB) Philippine subsidiary yesterday said it would insist on settling its dispute with local partners through arbitration in Australia. In a
      387 words
    • Article
      Lock icon Hold SingTel 2011 US$ bonds: UBS
      116 3 Reuters INVESTMENT bank ÜBS Warburg is recommending that investors hold Singapore Telecommunications US dollar 2011 bonds despite a revision to the telco's outlook to negative from stable by Moody's Investor Services. A change in the rating outlook to negative does not mean a rating
      Reuters  -  116 words
    • Article
      Lock icon Developers need to cut prices to clear glut
      672 3  -  HOCKirrcmHiM vince chong POR all the talk about quality and locational advantages, there's generally no straightforward game plan for selling homes in the present glut apart from attractive pricing. Take the performance of Capita Land's The Shelford and City Developments' (CityDev) Goldenhill
      672 words
    • Article, Illustration
      Lock icon Aussino to open 2 independent stores
      494 4  -  The shops will complement its retail space in department stores By' Vince Chong HOME furnishings firm Aussino is opening its first two independent stores in Singapore to capture the essence of its affordable, fun and fashionable home ware. The stores will complement the firm's
      FILE PHOTO  -  494 words
    • Article
      Lock icon IDT Hldgs reports 22% fall in profits as turnover slips 15%
      362 4  -  And sister company I-Comm sees 47% slump in profits By Serena Ng LIQUID crystal display product manufacturer IDT Holdings yesterday reported a 22 per cent slide in fullyear net profit to $31.6 million, citing keen competition and price pressure.
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    • Article
      Lock icon STT, Hutchison keeping options open on Global Crossing
      297 4 Reuters [HONG KONGJ The two Asian firms that walked away from their joint offer for bankrupt wholesale telecoms firm Global Crossing Ltd said yesterday that they continue to keep their options open, shortly after the carrier extended the deadline for bids. "Our
      Reuters  -  297 words
    • COMPANY Briefs
      • Article
        Lock icon GP Industries profit drops 22%
        106 4 GP Industries' net profit for the year ended March fell 22 per cent to $17 million, while turnover slipped 12 per cent to (298 million. The company, which is majority-owned by Gold Peak Industries (Hang Kong), registered a $4J) million exceptional loss due to the
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      • Article
        Lock icon PNE's sinks into the red in H1
        90 4 ELECTRONICS and lighting firm PNE Industries yesterday posted a net loss of $3.1 million for the six months ended March, from net profit of $427,000 hi the same period a year earlier. Its turnover slumped 38 per cent to $9.4 million. It suffered
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      • Article
        Lock icon Offer for NBL gains 25.3% acceptance
        102 4 FLEXTRONICS International has so far received acceptances for its offer for Singapore-listed Nat Steel Broadway totalling around 25.3 per cent ofNßL's share capital, and this figure includes a 21.2 per cent stake held by Glorich Ltd, which earlier gave an undertaking to accept the
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      223 3 Mercedes-Benz is a trademark of DaimlerChrysler. wmmessfiatf HfiHf II r r 2a»r @3m3R ■BBBIHI Someday, scientists will create bones stronger than steel. In the meantime, the C-Class will give you all round protection. v .•<•'• f ..<;, ~v hind our passion for your Every C-Class has an extremely deploys front,
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      1404 4 CP industries GP Industries Limited (Incorporated in the Republic of Singapore) Unaudited Results for the financial year ended 31 March 2002 The Board of Directors of GP Industries Limited is pleased to announce an extract of the unaudited consolidated results of the Group for the financial year ended 31 March
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      123 5 7^;^I I Its City Hall/V^r 3 stops away from Raffles Place MRT station f N x| orchard M mrt> f w Rd M JCft^r i it L I v K f Suntec Close to all the major expressways > x M P i ace city^ Large column free floor plates
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      320 6 OTHER SINGAPORE INDICES 18 VALUE CLOSE TOM* 305.00 +139.00 mem -*****.00 +52.00 T -*****.00 -31.QQ MWMIw 426.61 +0.70 S6 [j«Bn Bid 141.11 +0.59 SaijlilllFfr 1417.77 +Q.64 SQrgMlijhM 405.63 +0.33 wariitiipiii 199.10 +0.18 awgpjwi 200.70 +0.90 Stocks Votoma BIL Intl US20C 23,411,000 Asiamedic 5c 22,886,000 SingTel 15c 7,184,000 TT hit 15c
      320 words
    • Article, Illustration
      Lock icon Better to be humble than smart in a market like this
      736 6  -  BT STOCKS r. sivanithy A DIRECTOR of the now-infamous hedge fund Long Term Capital Management was once quoted as saying: "Do you want to know why we make so much money? It's because we're smarter." LTCM, of course, went
      736 words
    • Article, Illustration
      Lock icon Why isn't the greenback recovering much?
      787 6  -  AIM.I-MUJMVI CURRENCIES Dollar bulls need to keep lookout for long-overdue recovery in Japan larry wee WALL Street rebounded strongly on Monday, but the best part of the US dollar's upside correction during the past week actually took place before that. No wonder, therefore, that
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2941 6 UNIT TRUSTS FUNDS Com Global Energy Index Fd 0 92® Com Global Travel Indei Fd 0 73® Com S'pore Bond Ft*id/* 1 046/ AM Amro Asset Mgt (S'pore) Star Europe Eqtyl* 0.727/ CiedK Africol* Asset Mft S'pore Ltd Star Europe Bd 0 868/ Indocam Asia Vision'** 0 9284)975 Star Europe
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  • SINGAPORE news
    • Article
      Lock icon One-North Technopolis construction from Sept
      320 7  -  L3msqft development to be completed by 2004, says JTC By Vince Chong THE groundbreaking for the first work-live development in New Economy hub One-North will take place in September this year and the project is expected to be completed by 2004. According to One-North master-developer
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    • Article
      Lock icon Land for foreign worker dorms
      146 7 TWO plots of land for foreign worker dormitories wUI soon be released for tender, Minister of State for Manpower Ng Eng Hen said yesterday. Dr Ng, speaking at the opening of the new Singapore Contractors Association Ltd's (Seal) dormitory, also reminded contractors who wish to
      146 words
    • Article, Illustration
      Lock icon Pte sector must drive ICT leverage
      385 7  -  Keen market sense will help it identify opportunities fast, says Dr Tan By I Chen Huifen THE private sector must play a more proactive role in leveraging ICT (information and communication technology) as a major engine of growth in an innovationdriven economy, said Deputy
      385 words
    • Article
      Lock icon HP sees job losses and fewer suppliers in S'pore
      454 7  -  By< Chua Hui Min HEWLETT-PACKARD Company (HP) said yesterday that there will be job losses and a consolidation of suppliers here, as the company cuts costs after its recent merger with Compaq. Without specifying numbers, Paul Chan, Asia-Pacific managing director of
      454 words
    • Article
      Lock icon May industrial output seen rising
      409 7  -  on the economy outlook By Anna Teo DESPITE the disappointing trade figures. May's industrial output numbers should show continued improvement, though growth will likely be below April's "distorted" 8 per cent, says Forecast Ltd. In a report yesterday, the market and economic analysis firm notes
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  • Page 7 Advertisements
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      314 7 Yomeishu is as good for you today, as it has always been. It is still made by the same process that was developed in Japan nearly 400 years ago. Yomeishu is made from natural herbs Yomeishu quality is always assured Sokan Shiozawa originated Yomeishu in 1602. He Yomeishu is manufactured
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      238 7 A n celerate yourbusiness growth... withthe hghtfjnancing. In today's competitive business climate, important sta y ahead of the pack. To achieve that, not only do you need business acumen and a sound understanding -in I of the market; you also need financing that can grow lu Oft with your business.
      238 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Discontent rising among China's losers
      762 8  -  THEHBB H2sni^nnHi OPINION frank ching The writer is a Hong Kong-based journalist and commentator CHINA has performed an economic miracle since the late *****, with the transformation of what was formerly a command economy into a market economy, resulting in the emergence of a growing
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    • Article
      Lock icon IN OTHER WORDS
      54 8 'We're experiencing indisputable climate warming. The positive changes from this take a long time, but the negative changes are happening real fast; Dr Glenn Jnday An authority on climate change at the University of A laska. where the permafrost is no longer permanent and buildings slouch and
      54 words
    • Article
      Lock icon Lessons in Jakarta law
      615 8 EDITORIAL POREIGN corporations operating in Indonesia were given another harsh lesson on the risks they face when doing business there. A Jakarta court last Thursday declared the local unit of Canada's Manulife Financial Corp bankrupt for failing to pay a dividend to its shareholders in 1999.
      615 words
    • Article, Illustration
      Lock icon Asean must stop its sibling rivalry
      927 8  -  Improved cost effectiveness is attainable at the regional level rather than at the individual national level By\ Dinesh Senan The writer runs his own knowledge management firm. He contributed this article to BT THE "beggar thy neighbour" stance that often rears its ugly head
      REUTERS FILE PHOTO  -  927 words
    • Article
      Lock icon Has Greenspan tied himself up?
      826 8  -  COMMENTARY Raising rates is no option nor is cutting them, until the Fed changes its message By Louis Uchitelle NYT IN his public statements, Alan Greenspan is upbeat. The recovery is happening, he says. Let's hope so. When an upturn seems in danger of fizzling,
      NYT  -  826 words
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  • MAIL bag
    • Article
      Lock icon Banks have role in low takeup of e-banking
      247 9  -  Ing Yong Chuan Singapore I REFER to your report "Tech-averse S'poreans give banks hard time" (BT, June 17). The survey results seem to look at only one side of the story. Surely the banks, too, are responsible for the low adoption rate.
      247 words
    • Article
      Lock icon Poor connectivity to blame for low Net banking use
      133 9  -  Lam Yui-Loong Singapore I REFER to your report "Tech-averse S'poreans give banks hard time" (BT, June 17). I would like to add the fact that there is little connectivity between banks here, and this makes Singaporeans shy away from Internet banking.
      133 words
    • Article, Illustration
      Lock icon Stay home, it's cheaper that way
      139 9  -  TRANSPORT FARE HIKES Ng Woon Tien Singapore I REFER to your column "Another reason to take the car?" by Jaime Ee (BT, June 14). Taking the car is not feasible, given that most Singaporeans are not exactly rich. This, plus the fact that HDB
      FILE PHOTO  -  139 words
    • Article
      Lock icon Fare increase may not affect policy-makers
      71 9  -  Lim Meng Siang Singapore I REFER to your column 'Another reason to take the car?" by Jaime Ec (BT, June 14). I totally agree. All these public-transport fare increases may not affect the policy makers directly. Just think. How many of them actually take
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    • Article
      Lock icon Air-con terminals, ads make money for operators
      111 9  -  Eng Wah Len Andrew Singapore I REFER to your column "Another reason to take the car?" by Jaime Ee (BT, June 14). I agree with the writer completely. I am not a frequent user of public transport but I am strongly against the
      111 words
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      191 9 Since 1975 our worldwide staff of over 275 multi-disciplined professionals BL I IPS lnc u d |n 9 lawyers, chartered accountants. Hf'V) J 4 l| chartered secretanes and bankers have W A 8 provided confidential and cost effective A company formation in all the major low ||v |p|| Incorporation Fees
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      267 9 U!rS e US 3 1? or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 Toa Payoh odium Level 3, Singapore *****4. We need your full name, address and telephone number, so we can verify it came from you Please use temperate language, and bear in
      267 words
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  • ARTS festival
    • Article, Illustration
      Lock icon Dancing to a whimsical tune
      570 10  -  By i Cheah Ui-Hoon THE audience at Compagnie Montalvo-Her-vieu's Le Jardin Io Io Ito Ito could be forgiven for thinking that they had fallen into a rabbit hole and landed in Alice's Wonderland for an hour. Such was the whimsical magic that the dance company
      CHEW SENG KIM ST  -  570 words
    • Article, Illustration
      Lock icon To infinity and beyond
      638 10  -  Movement and multimedia fuse to evoke the concept of infinity in Opal Z>but it fails to engage audience with its invariant pace, says parvathi xayar PARVATHI NAYAR HOW do you even begin to present "infinity" as a concept on a performance stage? Well, Finnish choreographer Arja
      GEORGE GASTON ST  -  638 words
    • Article
      Lock icon FESTIVAL PICKINGS
      114 10 ZOUFF! (Belgium): Compagnie Lps Argonautes Combining traditional circus skills with nutty inventiveness, Compagnie Les Argonautes is a treat for the young and old alike. Reason to catch it: It's a great opportunity to get down and get physical. Reason to miss it: Acrobatic feats and movements passing off
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      151 10 ftilFTl I&lQ h I <J U w JIIIV Teciinoioiiv?do2 Comßraphies Animation;iJiu i I j i r• t j Commu(iic/*****[12 M M M M At Singapore Expo Ail i I 1 I I I L ll* Endorsed by: s^/V-........ Conference co-organised by: E. '4V @1 B,ad,a,n, llllfl" ■Mill illllil*" Convention I
      151 words
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  • REGIONAL news
    • Article
      Lock icon Selangor sultan may gain control of Southern Bank
      371 11  -  Saltan, associate in talks to buy 45% of Ramnda which has indirect control Fromi. Eddie Toh in Kuala Lumpur THE sultan of Selangor may emerge as the biggest shareholder of Southern Bank, one of Malaysia's 10 anchor banks. Mazal Sdn Bhd is
      371 words
    • NOTE Book
      • Article
        Lock icon Prudential buys ING's Philippine unit
        73 11 Bloomberg [MANILA] Prudential pic, Britain's second largest insurer, agreed to buy ING Groep NV's Philippine insurance unit to increase customers there by half and broaden distribution in Asia, its fastest growing market. The transaction will give Prudential 800 sales agents and more than double its
        Bloomberg  -  73 words
      • Article
        Lock icon M'sia spends all of stimulus package
        44 11 Bloomberg [KUALA LUMPUR] Malaysia has spent all of its RM7.3 biUion (553.4 billion) fiscal stimulus package intended for 2001 to help revive the economy, said Prime Minister Mahathir Mohamad. "We have spent practically all," he told reporters. Bloomberg
        Bloomberg  -  44 words
      • Article
        Lock icon Manulife challenges Indon receiver
        67 11 Bloomberg [JAKARTA] Manulife Financial Corp challenged the status of a court appointed receiver to oversee the management and assets of the Canadian insurer's Indonesian unit, which was declared bankrupt last week. The court named Kalisutan as the receiver for PT Asuransi Jiwa Manulife Indonesia. Manulife challenged
        Bloomberg  -  67 words
      • Article
        Lock icon Asian ministers meet to forge ties
        88 11 Reuters [BANGKOK] Asian foreign ministers yesterday gathered at a seaside resort in Thailand to discuss trade and economic ties at a meeting slated by the Thai press as a waste of taxpayers' money and ignored by most of the rest of the region. Ministers
        Reuters  -  88 words
    • Article
      Lock icon Outline takeover plans first, TRI tells Telekom
      145 11 Reuters [KUALA LUMPUR] Malaysia's second largest cellular firm Technology Resources Industries (TRI) toid Telekom Malaysia on Monday to outline plans for a takeover offer for TRI before it (TRI) considers a merger of their cellular businesses and a board representation for Telekom. Their
      Reuters  -  145 words
    • Article
      Lock icon Time bondholders okay restructuring plan
      115 11 Dow Jones Newswires [KUALA LUMPUR] Time Engineering said yesterday that fll per cent of its fiveyear US$25O million bondholders have voted in favour of its restructuring plan. This is more than the required minimum of 75 per cent, Time said in a statement. Its restructuring
      Dow Jones Newswires  -  115 words
    • Article
      Lock icon Microsoft signs on as Cyberport tenant
      375 12  -  Move ends weeks of delay and conies after intense criticism of project's poor take-np Frotm Audrey Tan in Hong Kong HONG Kong yesterday signed on its most prestigious tenant to date for the controversial Cyberport project, as it announced that Microsoft Hong Kong will
      375 words
    • ASIA Notes
      • Article
        Lock icon WTO panel to resolve US-China row
        99 12 Xinhua Financial News [BEIJING] The WTO will set up a panel to resolve a US-China steel tariff dispute after the US blocked China's first request to establish the panel, the China Business Times said. The newspaper said the WTO agreed on June 3 to
        Xinhua Financial News  -  99 words
      • Article
        Lock icon Earthquake rocks Taiwan
        47 12 AFP [TAIPEI] An earthquake measuring 4.5 on the Richter scale jolted Taiwan yesterday, seismologists said. There were no immediate reports of casualties or damage. The tremor struck at 419 am. Its epicentre was located 26.7 kilometres east of Ilan city, the seismologists said. AFP
        AFP  -  47 words
      • Article
        Lock icon No zero-tariff for HK in 2002: China
        79 12 Dow Jones Newswires [HONG KONG] Beijing is unlikely to approve in 2002 a plan eliminating tariffs on goods imported from Hong Kong, the China Daily's Hong Kong edition reported, citing a senior mainland official. However, the paper said zero-tar iff treatment for Hong
        Dow Jones Newswires  -  79 words
      • Article
        Lock icon More share sales expected in India
        68 12 Bloomberg [BOMBAY] Indian companies plan to sell about 300 billion rupees (5510.9 billion) of shares in the year to Mar 31,2003, according to a survey. The recent successes of companies that sold shares for the first time, such as I-Flex Solutions Ltd and Punjab
        Bloomberg  -  68 words
      • Article
        Lock icon Chunghwa stake sale result today
        56 12 Bloomberg [TAIPEI] Chunghwa Telecom Co delayed for a second time an announcement on what the communications ministry said is a sole bidder to buy a 5.7 per cent stake in the island's biggest phone company. The ministry said the final result of an auction held
        Bloomberg  -  56 words
    • Article
      Lock icon Deloitte appeals to Indon court over agency's ruling
      429 12 JAKARTA It denies breaking any rules over Indomobil sale Reuters CONSULTING firm PT Deloitte Touche FAS said yesterday it has appealed to an Indonesian court to overturn a ruling it had violated competition laws over the sale of a company that once
      Reuters  -  429 words
  • Article, Illustration
    Lock icon FINANCE
    1156 11 Trunstuiioii date:Jun 1H DTTERBAMR CROSS RATES CS Bmti EfO Mr Dm H»$ |,d »s B,pUh Yw Woo UZ% P* K Hso SS »,Q0 Sir «TS B«t Eou* USS 0865 4M7 0 5,2 4,62 ,24 4 27.427 48.464 0.697 6.908 2.128 1.153 33.645 28 076 1 003 5 905 0
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  • Article
    Lock icon COMMODITIES
    1840 11 SICOM FUTURES Jun 18 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month H}0j» Low Sett (tonnes) Interest Jul 02 157.50 T Auq 02 157.50 Sep 02 158.50 Oct/Dec 02 160.00 RSS 3 (US centsAq) Volume Open Month High Low Sett (tonnes) Interest Jul 02 87.50 87.50
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      1443 12 IfTft itrtrtiiK call toll-free 1800 289 8822 Email recruits9sph.coa.st it X *1 H a] STRIKE ENGINEERING LIMITED (Incorporated n the RapuMc of Smgapor*) STRIKE ENGINEERING LIMITED (THE "COMPANY") I. Renounceable rights issue of 146,603,000 new ordinary shares of $0.05 each in the capital of the Company (the "Rights Shares"), with
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      547 12 THE COMPANIES ACT, CAP. SO NEO TOW ENGINEERING PTE LTD (In Members Voluntary Liquidation) Ai an Exlraordmary General Meeting of the abovenamed company held on the 17th day of June 2002. the following Special Resolution was duly passed "THAT the company be wound up voluntarily pursuant »c> Section 290(1 Hb)
      547 words
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      154 12 ft's 'LITE'. J &BJGf ft's here: FIFA World Cup 2002 Now YY\gget than ever on our itr Pioneer Plasma TV screen. I "ii mi' null innniiiiiiihih 11 hum 111 iiiiiniiiiiwiii 1 The fever is here and it's contagious! From MciX 3 to JWW 30. Hotel Phoenix brings you Worlil C
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      1641 13 I tor IDT HOLDINGS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore with limited liability) IDT HOLDINGS (SINGAPORE) LIMITED Is a holding company whose subsidiaries are engaged in the deekin enaineerino manufacture and marketing of consumer electronic products which principally feature LCO and microprocessor applications! Group Financial Highlights 2002 2001
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      1277 13 B-Comm I-COMM TECHNOLOGY LIMITED (Incorporated in Bermuda with limited liability) l-COMM TECHNOLOGY LIMITED is a holding company whose subsidiaries are engaced In the desian development, manufacture and marketing of consumer telecommunication products. Group Financial Highlights 2002 2001 Turnover (USS'm) 80.4 ,25.8 Profit before income tax (USS'm) 2 7 44 Profit
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  • REGION world
    • Article
      Lock icon 3 Taiwan chipmakers plan China investments
      192 14 BEIJING Xinhua Reuters Dow Jones Newswires MORE Taiwanese companies are heading for China. The electronics division of Taiwan-based Nan Ya Plastics Corp win invest more than US$2 biUion to set up six factories in Kunshan in the eastern Chinese province of Jiangsu, the Beijingaffiliated
      Xinhua; Reuters; Dow Jones Newswires  -  192 words
    • Article
      Lock icon PLDT seeks NTT help to block First Pacific
      389 14 MANILA Top execs scramble to get assurance of partner's support Reuters THE Philippines' largest telephone company Philippine Long Distance Telephone Co (PLDT) is exploring options to thwart a rival firm's bid to take control, and its executives are due to fly to
      Reuters  -  389 words
    • Article
      Lock icon Japan banks to reveal bad-loan data every qtr from Aug
      235 14 TOKYO Bloomberg JAPAN'S seven biggest lenders will start disclosing quarterly bad-loan data and other figures, responding to concern among depositors and investors about the health of banks, the head of a banking industry group said yesterday. Mizuho Holdings and Japan's
      Bloomberg  -  235 words
    • Article
      Lock icon Bank of China starts lawsuit against US couple
      294 14 NEW YORK Bloomberg A LAWYER for the Bank of China told a jury that a New Jersey couple defrauded China's largest foreign exchange lender out of US$34 million, a claim at the centre of a scandal that led regulators in Beijing and
      Bloomberg  -  294 words
    • Article, Illustration
      Lock icon Weak stocks a drag on spending
      534 14 LOS ANGELES Fed official says falling equities, accounting concerns and oil prices pose risks to recovery Reuters A US Federal Reserve policymaker on Monday raised concerns about recent steep stock market declines, saying they increased uncertainties about consumer and business spending. In cautious remarks
      Reuters; AFP  -  534 words
  • Article
    Lock icon STOCKS ASIA
    4539 14 Transaction date: Jun 18 for mare, go to iimwxisicumenmarketsxorn HONGKONG Hysan Dev J.00 uncti <14 Interchina Hldgs ,0» 0.01 1145S "o Intl Bank of Asia 197 -0.01 1122 -0." 002 0 SJBSfc: HzS a03 ,22 Anhm Conch H 230 0.03 2S08 iilin Chem Ind M 0.63 0.01 *****
    4,539 words
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  • WORLD news
    • Article, Illustration
      Lock icon Analysts see more gloom ahead for telcos
      520 15 NEW YORK 24 of 29 big telcos in US at risk of filing for bankruptcy protection, says one NYT THE turmoil continues in telecommunications, making the long-awaited turnaround increasingly difficult to call. Indeed, in light of a wave of bad news last week
      NYT  -  520 words
    • WORLD Watch
      • Article
        Lock icon Infineon, Motorola, Agere in chip JV
        48 15 Reuters [MUNICH] Germany's Infineon Technologies will form a new company with Motorola and Agere Systems to develop and market communication chip technologies. The new company, Star Core, based in Austin, Texas, will design digital signal processor cores used by chip manufacturers. —Reuters
        Reuters  -  48 words
      • Article
        Lock icon Deutsche Bank sells Munich Re stake
        45 15 Bloomberg [MUNICH] Deutsche Bank said it's selling investors its entire stake, worth about 1.6 billion euros (552.7 billion), in Munich Re, the world's biggest reinsurer. The bank is selling 7.6 million shares, representing its 4.3 per cent stake. Bloomberg
        Bloomberg  -  45 words
      • Article
        Lock icon Vivendi to cut stake in utility unit
        53 15 Bloomberg [PARIS] Vivendi Universal will give up control of its utility unit through a 3.2 billion euro (555.4 billion) share sale. The sale will reduce the company's debt by almost half. It will cut Vivendi's 63 per cent stake in Vivendi Environnement to
        Bloomberg  -  53 words
    • Article
      Lock icon Competition for Deutsche Boerse
      228 15 FRANKFURT Nasdaq, 2 German banks to set up new exchange Bloomberg THE Nasdaq Stock Market and two German banks said they will set up an exchange to compete with Deutsche Boerse AG in Germany, Europe's second-largest equity market. Nasdaq will own half of Nasdaq Deutschland AG,
      Bloomberg  -  228 words
    • Article
      Lock icon May consumer prices unchanged
      556 15 LATEST US INDICATORS Housing starts post biggest percentage rise in nearly 7 yrs Reuters AP [WASHINGTON] US consumer prices were unchanged in May, the government said yesterday in a report that adds virtually no worry of inflation and gives the Federal Reserve ample time to delay
      Reuters; AP  -  556 words
  • Article
    Lock icon KLSE
    2316 15 Transaction date.Jun 18 KUALA LUMPUR FrawiNw* 1*2 002 5 Voj FS8M 202 inch 0 KM W- fOOa) FWIndustries 333 unch 19 Gadang 1 JO -002 4 A AM Realty 1.11 0.01 8 Gamuda 635 005 292 Abric 1.64 unch 92 GanadCcrp .032 -003 3 ACP Industries .3.30 unch 49
    2,316 words
  • Article
    Lock icon SGX
    787 15 Transaction date: Jun 18 m Omt On CK OS 4JK) -0.020 IWMSIk OM 1730 Up*lUnd 1.27 14*0 <0020 OOC 174 ***** Owl SemiCond 26c 151 3 720 OUC 053 6500 -0100 Citf Ocv 50c 213 5450 -0 050 Parkway M 25c 0JS 0435 4410 CrMtf»T2Sc 041 17 400 -0J00
    787 words
  • Article
    Lock icon BONDS & WARRANTS
    622 15 BONDS WARRANTS La*t MCam Exer CNk Mh M» nillli Met %CnHn Ull ASTIW*****1 iJJ -1 10 1 16 16 1.45 24 AcmiUd W0411W __25 1 so $18 340 29 Amtt* VWS0610 S7 -2 806 1 33 3 1 33 36 Armstrong W*****0 3a 1 10 24 3 50 23 AswFoodP
    622 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      203 15 CRVFTIC CROSSWORD 29 and youth-leate^ in good time (5) 10 Like petticoat-tails, unexpect- Lincoln (4) DOWN «*y t*wf (5,3,5) YESTERDAY'S SOI I mow 1 Prompter to admit a balance 15 Draws brows together as A 1 c (9) smell rises (5) J??®*; 6 Sabte, 2 Man cuts loose n place
      203 words
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  • FORMULA ONE
    • Article, Illustration
      Lock icon Rivals left eating Ferrari dust
      1122 16  -  It's pretty much status quo as the 2002 Formula One season crosses the halfway mark, with everyone chasing the Italian team, reports BBKEHnarnscH HEIKE HIENTZSCH The writer is a freelance journalist specialising in motor sports. She also prepares motorsports press releases for BMW Ag Superpowers
      AFP  -  1,122 words
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      Lock icon Williams snuffs rumours of new chassis
      373 16 Reuters [MONTREAL, Canada] Formula One team Williams has ruled out introducing a new chassis this year after recent talk that one was in the pipeline. "I've said basically the car will receive upgrades through the year but there's nothing that we would call a
      Reuters; AP  -  373 words
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      Lock icon Coulthard: McLaren job is safe
      453 16 Reuters [MONTREAL] David Coulthard says his job at McLaren is safe for next season and he has nothing to fear if Mika Hakkinen decides he wants to make a Formula One comeback, reports Reuter. Asked at the Canadian Grand Prix how McLaren could fit three
      Reuters; AFP  -  453 words
    • Article, Illustration
      Lock icon The joys of not winning
      539 16 Reuters [MONTREAL, Canada] Winning is not everything, even for Michael Schumacher. The Ferrari driver suggested recently that even third place holds its thrills. "Sometimes you can enjoy coming third or second more than winning. It is not always winning that is the most satisfactory thing,"
      Reuters; REUTERS  -  539 words
    • PIT Stop
      • Article
        Lock icon Car, not cash will make Irvine stay
        178 16 EDDIE Irvine says that having the chance to drive a good car, and not money, will dictate whether he stays in Formula One in 2003. "I want to have the best car I can have. That's all that interests me really," Reuters reported
        178 words
      • Article, Illustration
        Lock icon Barrichello blames officials for loss
        140 16 FERRARI'S Rubens Barrichelio has criticised race officials for wrecking his Canadian Grand Prix hopes by deploying the safety car. The safety vehicle was sent out on lap 14 as marshals struggled to move Canadian Jacques Villeneuve's stranded British American Racing car after its engine failed.
        AP  -  140 words
      • Article
        Lock icon Coughlan not free to switch teams yet
        107 16 ARROWS technical director Mike Coughlan has had talks with McLaren but is not yet in a position to switch Formula One teams, McLaren boss Ron Dennis told Reuters. 'There is dialogue between the team and Mike," he said. "But Mike's ability to join
        107 words
      • Article
        Lock icon Minardi will turn up in Germany
        117 16  -  Compiled by Christopher Tan MINARDI will be at this weekend's German Grand Prix and has set no cut-off point on its Formula One future, the cash-strapped team's owner Paul Stoddart told Reuters. "There is no danger whatsoever," he said. Minardi is claiming TV revenue
        117 words
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  • FOCUS andersen
    • Article, Illustration
      Lock icon Felony verdict bolsters accounting reform bill
      445 17 Andersen sentence comes as Senate committee votes on accounting changes LAT-WP [WASHINGTON] A federal obstruction of justice verdict against Andersen may be "a shot in the arm" for a comprehensive accounting reform bill as it faced a crucial committee vote last night. "We believe
      LAT-WP  -  445 words
    • Article, Illustration
      Lock icon SEC moves to bar dodgy execs
      114 17 [WASHINGTON] The Securities and Exchange Commission is making good on a promise to bar more irresponsible executives and directors from working at public companies. In a letter sent to the White House, SEC chairman Harvey Pitt said the agency has filed actions to bar
      Dow Jones Newswires  -  114 words
    • Article
      Lock icon PwC's CEO offers plan to revive investor confidence
      308 17 3-tier prMcriptkaf*r greater cwparate Aadmro Reuters [WASHINGTON] The head of the world's largest accounting firm called on Monday for the adoption of international corporate reporting standards to restore investor confidence after recent corporate scandals that went undiscovered by the accounting industry. PricewaterhouseCoopers
      Reuters  -  308 words
  • Article
    Lock icon SGX MAINBOARD
    6018 17 Transaction date.Jun 18 for live prices, log on to ivurwxisiaonemarketsjcor 524ft Lat Vai tar LatqwM MM* Ho CrtM ft* MCjb MMtof HMi L—i Ciwpmy W- fit I—r 8fr S*m Cm M OA Uka ABNAmroNLGSfe 9 U 22.5 45 c ACE 0ynamio20c 15 +3 3 15 15 12.5 17
    6,018 words
  • Article
    Lock icon SGX XTRANET
    62 17 I* Of LHIQMO GrOt. (ft, GrYM MM MCa M, M» U» C—m* W- fW> UiH.1* Cw HI 13 w5 >0730 K10 l Dumondl UMSOOcd mm MX i ISDJUST«eh U***** 3970 SB 440 s ft MVO Sport UB7t ***** *70 I ISSAKOO USNBM U410 mc s ywo USNHM 1KB
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  • Article
    Lock icon SGX SESDAQ
    1566 17 .V* »AM Of laatqaete CriMn Ohr CrTU MM MCaa (Ita I— Clwpii) 5*» r«W> W» U» 8n«r 5«4«r Cw P* Hta 31 McAMHklpSc *5 undi 16 5 16.5 US 17 314 11 315 UcAPOflSc 20 20 5 11.5 1 3 84 174 X 64 275 c AS Auto
    1,566 words
  • Article
    Lock icon CLOB INTERNATIONAL
    408 17 H* Urt Vat Day I1»H Mhr Mr CftM M MCa I— Ciwpni) ISat* W- H» t—r Of Ww Cw K iJ 105 98 AVienmngi 100 A 10S» 38 1.7 9 7.7 226 IIS AV*mngiA2ScA 103cd -1 218 10* 103 103 104 40 3.4 9.7 6 221.7 C40wyPK2OcML— 720
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  • Page 18 Advertisements
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      146 18 .r~ «•«»i f4—' -:&Zg£l I v* 3'" wf'J w■■«**•. «-i.;.!7"'"' ntl 'j* J *T|> •'i|, J-> t:"' Nr t^gH| ZBK&Zzi tu 1 j§rf. <r A '-^SsSreSb 4, fl E|^n\ i^4-<*-, r A Jfc**- .>£??S '''X^m^t^tfi^ Nil. **uJI3R 1 -a ;f*' <nm>B| ii^iirilf|tfr~'' I ,S ajj^^^fa"' v-ijMPSag^SW 4. •'<*■- '»sSfc. r-c"-"-1
      146 words
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  • PERSONAL investment
    • Article
      Lock icon Hedge funds for retail investors
      651 19  -  Bermuda-based firm ISA seeks distribution partnership in Singapore after its deal in HK, reports GENEVIEVE CHA GENEVIEVE CUA INVESTOR Select Advisers (ISA) has tied up with a Hong Kong conglomerate, the Wing On group, to offer hedge funds for retail investors. It is understood to
      651 words
    • Article
      Lock icon Sentiment index remains positive despite quiet trading
      879 19  -  INSIDEIuMjj/jQ By\ Robert Halili The writer is managing director of Asia Insider. He is assisted by Ngia Soon Chai THE removal of Singapore Telecom from Australia's S&P/ASX 200 Index from July 1 not only pushed the share price of the telecom operator to
      879 words
  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      179 19 Buy It. Sell It. Find It. Where to wine, dine and entertain... by: fiSSSSB A World of Exclusive Privileges Treats nuun^ Watch the WSHg Cup 2002 sumptuous International For Reservations, pis call 6340 2122/3 (Office Hours) Paramount Molal, 2S Marina Parade, Singapore *****6 218 Queen Street, Smgcpcre *****9 W: 332
      179 words
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      Lock icon Page 19 Advertisements Column 2
      134 19 COMMERCIAL ICS BUILDING OFFICE/SHOWROOM SPACE FGR LEASE Immediate occupation Various sizes available from 958 sq ft Attractive rentals Minutes walk to Tanjong Pagar and Raffles Place MRT Call Sole Marketing Agent CB Richard Ellis Commercial Leasing Tel: 6224 8181 lIMI J P»eas< this adver- Great Value Set Lunches Are Also
      134 words
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      Lock icon Page 19 Advertisements Column 3
      337 19 I imflj Get mordioi lesslS I^^^^Bwithour^cill-newM fleet of cars.|ls;i HH 15 QUEEN TAN CHONG TOWER, SINGAPORE *****7 FAX: 6336 4677. MOWIE BERNARD 9487 8898 OFFICE HOURS MON FRI 9AM-6PM. SAT: 9AM-3PM ,^*^l Set your tongue on (Ire! From the Land of Smiles, expect Tom Yam Gong, Flower Crab with Vermicelli.
      337 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Wanted: more investor education
      827 20  -  37% Singaporeans polled don't invest in funds or securities citing unfamiliarity, reports OEMEVIEVE CUA GENEVIEVE CUA Singaporeans shy away from personal investment in stocks and funds because they are unfamiliar with these instruments and afraid of risk, a survey by McKinsey Co has found. McKinsey's latest
      827 words
    • Article
      Lock icon Weak US$ will eat into feeder funds' returns
      699 20  -  Byi Genevieve Cua TO THOUSANDS of investors who have put money into feeder funds or any US-dollar investment for that matter the weakening of the greenback is probably the single biggest factor eating into returns, next to a poor underlying market. Feeder
      699 words
    • Article, Illustration
      Lock icon Too much money under the mattress
      573 20  -  While wealth managementbe lucrative business for in it can help raise assets' yields Genevieve Cua MOST Asians Singaporeans included keep too much money in cash, and this "inefficiency" in their asset allocation poses a big risk to their ability to fund future retirement needs,
      573 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      277 21 Reuters THE Baltic Dry Index (BDI) was unchanged at 978, the Baltic Panamax Index (BPI) gained seven points to 943, the Baltic Handymax Index (BHI) firmed one point to 7,599 and the Baltic Capesize Index (BCI) was down six points to 1,146. TDCE-CHABTER: La Pampa (built 1994) 165,289
      Reuters  -  277 words
    • Article
      Lock icon MARITIME STOCKS
      254 21 MX 1M jew n *t- m CWT DtstrlPotion .0.84 unch 0 Ctwan Hup 0.42 0.01 110 Cosco Investment—0.22 unch 50 FrugM Links 0.06 0.01 5 OB HoUHnos 0.82 -0.01 9 JayaHoWings 024 0.01 210 KeppelCorp 4.14 0.04 394 Kappa) Marina 0.18 unch 12S KappatTala 0.99 -0.01 S Latoroy
      254 words
    • Article, Illustration
      Lock icon Local developer of electronic seal hit as market heats up
      765 21  -  BTI4!IJIIUWJ eLogicity likely to lose ont to S&vi in maritime security solutions race By Donald Urquhart [SINGAPORE] A homegrown developer of electronic container seals and web-based track and trace technology eLogicity may be an early casualty of the burgeoning maritime
      FILE PHOTO  -  765 words
    • Article
      Lock icon Shipowners warned of higher P&I liabilities
      184 21 [SINGAPORE] Shipowners will face increasing P&I liabilities in the future in addition to recent increases in reinsurance costs. German container shipping line Hamburg Sud's director of corporate services Henry Pfeifif, speaking at an industry reception in Hamburg, warned: "Various changes and innovations discernible in
      184 words
    • Article
      Lock icon Manila Harbour Centre to expand facilities
      271 21  -  From. Alec Almazan in Manila HARBOUR Centre Port Terminal Inc (HCPTI), owner and operator of the Manila Harbour Centre terminal, is earmarking 700 million pesos (5524.85 million) to expand its cargo and passenger facilities. The facility is the only privately-owned terminal at the Port
      271 words
    • Article, Illustration
      Lock icon Washington awards US$92m to ports to beef up cargo security
      500 21 There may be np to USss9om more funds from Congress Bloomberg [NEW YORK] Fifty-one US ports including New York/New Jersey and Los Angeles received U5592.3 million in federal security funding to add guards, lights, fencing and equipment such as cargo-screen-ing
      Bloomberg; JAMES TOURTELLOTTE  -  500 words
    • Article, Illustration
      Lock icon The China dream: can the West make it come true?
      973 22  -  STRAIT TALK -By] David Hughes SHIPPING is an international business. Asia, and especially China, is an important trading and shipping force. So, of course, it follows that the world's major shipping centres, most notably London, pay close attention to what
      FILE PHOTO  -  973 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      195 22 PAGC Gemartrans 4 Avant )o > Clink to Btang Mas 5 Gl0f > 10 BSA 6 H4n 9'' BSC to Hamtwrg-Sud 5 BTl K) Hoe CMACGM 3 *«—<* 3 COSCO 3 i Central Ex 4 W Chahaya K> 4 CfnaSt* 5 4 Confer to ln 9 indoguif
      195 words
    • Article
      Lock icon SHIPPING GUIDE
      14674 26 THEBUSINESSTIMES EXPORT ETA ETA Adv«rti**r WmmII unu... I rri rv« A Voyaqe Telephone ETA ETA Advertiser Visxl Voyaqe Telephone N"™* Name Number Number SIN Dest'n Nam* Nimt Number Number 6/07 17/00 MOL P40 NED ALTIPLANO 2»2t 65******04 To ABIDJAN (ABJ) 2003 Cot. D',voir. To ANTWERPEN (ANR) 2019 M*.
      14,674 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        618 31 Vessel Voy No Berth Arrival Departure l»1 hrt OOOTANGGLORY 2US JC8 18/06/2004:35 19/06/*****C If ME UNA J ***** JOI */06/2008:15 «/06/2O*OC 81 ***** J01 18/06/'*****5 H/06/20T7.30 •I K*Al 2 JU"-« J01 18/06/2012:45 «/06/*****l MAKMUR BARD ****** J07 18/06/2013:00 16/06/*****0 BT BUMI PERS ***** JOI 18/06/2013:05 18/06/2023 <X DMASTYJAYA
        618 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1895 31 RECEfVlMC OF EXPOTT Fa COMTAMERS AND LCI CAMO o Boofclnq/BtUnce Rstlj o SMp VoyMo Etb/Btr Pwiod From To From o r «*ui« 20* antoo m nmoo wwst a/noo o nmoo anm a/noo a amoo wmm imm a wmio Man n/om io J Mom Mm n/im n/1200 IMW n/iroo
        1,895 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        161 31 Jul 22 Sweden: Mid Summer Day Ml Canada: Canada Day Brunei: HM The Sultan's Birth day Hongkong: HK Spe Admin Reg Es tab Day Jul 4 United States: Independence Day France: National Day Belgium: Belgian National Day Jul 14 France: National Day JnllS Brunei: Sultan's Birthday Jul 17
        161 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        780 31 THIS report, compiled by Cockett Ma rine Oil Ltd. show* price ranges In US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and
        780 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        496 31 Carted BO Itax 990 9 0J 17.7 0.06 51 0.03 •>— Density Hater iwjjg Sifciii Ho above £25 0 0 6 0 0 0 380 Aw 978.7 02 M.4 0.06 32 0.02 ba 380 Max 9913 0.8 19.0 0.09 54 0.04 %W »M/M »M/M W —<
        496 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Air traffic chaos seen as European controllers strike
        506 32 France to be worst hit by protest against open skies plan by EU AFP [PARIS] European airlines are bracing themselves for major disruption today as European air traffic controllers prepared for a oneday strike against controversial European Union plans to set up
        AFP; FILE PHOTO  -  506 words
      • Article, Illustration
        Lock icon Airports urged to use high technology
        301 32 High-tech security gadgets will make US airports safer: report AFP [SAN FRANCISCO] A consortium of law enforcement, high technology companies and other companies have urged a massive deployment of technology to make US airports safer. According to the 2002 Silicon Valley Blue Ribbon Task
        AFP; REUTERS  -  301 words
      • Article, Illustration
        Lock icon AMR chief pinpoints key problems affecting profits
        533 32 He seeks security fixes and overhaul of pricing structure Reuters [NEW YORK] Complicated airfare structures, security hassles, and shrunken corporate travel budgets are cancelling profits at US airlines, but none of the industry's biggest problems can be easily remedied, AMR Corp's chief executive
        Reuters; BLOOMBERG  -  533 words
      • LOG Book
        • Article
          Lock icon China Air plane's black box found
          70 32 Bloomberg [TAIPEI] Taiwan rescuers have recovered one of two "black box" flight recorders from the wreckage of a China Airlines plane that crashed into the sea off Taiwan last month. The cockpit voice recorder will reveal what was said on the aircraft's flight deck
          Bloomberg  -  70 words
        • Article
          Lock icon Virgin Blue buys Ansett base
          61 32 Bloomberg [MELBOURNE] Virgin Blue Airlines has bought the Melbourne jet airplane base of foiled domestic carrier Ansett Holdings, said Brett Godfrey, chief executive officer at Australia's second-largest airline. The Herald Sun has reported that Brisbane-based Virgin bought the centre for As6-As9 million and plans to
          Bloomberg  -  61 words
        • Article
          Lock icon Northwest adds ticket surcharge
          56 32 Reuters [MINNEAPOLIS] Northwest Airlines is adding a US$lO surcharge to the cost of a paper ticket for leisure fare travellers buying in markets where electronic "e-tickets" are available. The surcharge applies to customers converting e-tickets into paper tickets, but it will not be applied to business
          Reuters  -  56 words
      • Article
        Lock icon Possible shortage of US air traffic controllers seen
        301 32 Reuters [WASHINGTON] A congressional study concluded that the rate of retirement among air traffic controllers could double over the next five years and said the Federal Aviation Administration (FAA) might struggle to keep the posts filled. The General Accounting Office, the investigative
        Reuters  -  301 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1643 32 mwi m maw n» ort *20 umu 2350 MM 1*9771 *45 AM *+mtm sam tra som m HMUr+m $023 0605 HUM 2225 fwplii SOW3 *50 CZ352 OHO 6*975 1025 C2351 2245 S0604 1020 B i SS— SB wo wS 5 At lw» »w w M/W75 mo
        1,643 words
      • Article
        Lock icon Budget airline pilots ignoring instructions: UK traffic controller
        290 32 Reuters [LONDON] Pilots working for some budget airlines are ignoring air traffic controllers due to "extreme pressure" to meet schedules, a controUer has told a British industry safety publication. Some pilots are refusing to slow down on approach to airports and are
        Reuters  -  290 words
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  • Page 22 Advertisements
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      614 22 I TP USA/CANADA I EXPORT I I OTHER DESTINATIONS I II TO AUSTRALIA |AU®TI*AUA ASIA EXPRKS9) wuwwrua 7*75 It/041 11/041 95/07 01/07 10/07 10/07 10/J7 11/07 I ■*—i OOQitfW 40(74 7S/MI Z4AMI 11/07 14/07 17/07 17/07 17/17 g/W »OT|mMl|rtG Wf Ml STO IB IMI OOQKnfIUMX 3K27 02AP 03/07 1 11/07
      614 words
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      Lock icon Page 22 Advertisements Column 2
      69 22 WORLDGATE EXPRESS UNES PTE LTD /T 180, Cecil StfMt, #16-03/04, Bangkok Bank BuMbtg, S*por» TTHmir Tel: *****911 Fax: Email: wgate@mbox2.singnetcom sa WEBSITE: http://www wohdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS ag ij 1 IST iS- I &B—l F —IMB- —mum m mihtbi/v imka m iow>iHAittSHP» ~?i/5~ pJUfY/MfIIOUWE/AOtUIOf
      69 words
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      Lock icon Page 22 Advertisements Column 3
      612 22 •'j"® 4 servic« represanlßd by IS of iheßegisJry of Accredited Shipping Agenh s<ngopore Shipping Association Members of ihe Singapore Logisha Association ULY UNE MALE /vn»" voy eu in m P.KUNG SPOtl mu Empress Lily 0402 28/06 27/06 06/07 Princess Lily 0602 13/07 12/07 21/07 j Empress Lily 0502 26/07 27/07
      612 words
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      951 23 HI WfMl FROM EUROPE VBSa VOtl SI WO *IO H*M MV SOM UH IIvCSR *Jt BO MO MO ON SOU IW JM ■OUMKMMZ 009W 14/H 30/04 07/B7 04/07 04/07 HtWHU WE 2S/B 27/K 20/05 21/K IS/ft HTMBOO 307W 17/04 OS/07 07/07 00/47 03/07 002 a/OS 10/05 01/1* 00/4*M/04 APIPiMI 110W
      951 words
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      Lock icon Page 23 Advertisements Column 2
      1122 23 ————mm NCW MKBCT CAU FROM S'POUTO pour HUN*. lUAIU, (UUUMaUjSgP urn m ttimnuuo wr tmrni ji I iimom COSTAI SHIPPING Wl ITP smtnumm ommi/u mmW taSm/7s I mmmmXM, MO CM MM 13A Jmm a ho: 11 rvtmom nurs i«mvuuh] mwaido oi mmstu I catmnmiu mmsmi/sm *?«sjji/n I lAUICUUNI «j.f. ?Nl
      1,122 words
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      Lock icon Page 23 Advertisements Column 3
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      455 words
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      1128 24 HMAFHYUNDAI MERCHANT MARINE CO., LTD. Hm» W www h—2l.c— q NO. 12Q67M0000H Ivtssa vot sw mu ta «w I mit I hmi I I iwssa vot soo i» |tf /un itm ■>» "SB" HT FOKTMK 30IW 11/05 04/0* 24/05 10/05 01/00 NOt SOLUTION MSI 74/04 17/04 71/04 71/04 14/05 API
      1,128 words
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      929 24 WAN HAJ UNES (S) PTI LTD l\u\ 11(111 a niirr J*™** (14IMS) FAX;*****)43 CMOt **********01 \NN\WAN HAI LINES asssssasaßgs,. ■■■■••'ißnißwtißmimußfcjßitwiwiwtwiimnviiw* 1 www waafcai c*a t* nK«n)OM)«Hi:iRi)SB47Hnam; n«M/7i*w unun IMMWM— I*''* —I—JCQI I iiL il&. _iic. _JH K iy up f CHS J?? I I 7VH Vfa 21/fe 0| A/ BH/
      929 words
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      622 24 W S. WEEKLY EXPRESS SABJMG SCHEDULE ALSO ACCEPTING TO ALL MORTHERM ANO WESTERN ICQ POMTS VBSa VOT SM PJOM6 COUMAO M. SMTVA COIOMO iismsm soim i;jw HJW 73 mi iHi wwaa in* x— mjw j»m ra TS lOMIWA OTPS IM 31 ;m ll« 141 MM HUM QMS »W lIH 111
      622 words
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      1130 25 [VESSEL VQY KHH HKO I SIN I PKi DXR EAR DMM RRC WAN KERMAN PCI 264 M/ 06 19/06 22/06 23/06 30/06 01/07 03/07 05/07 IRAN ISFAHAN PCL-265 25/06 26/06 29/06 30/06 07/07 0«/07 10/07 12/07 KAN HORMOZGAN PCL-266 02/07 03/07 06/07 07/07 14/07 15/07 17/07 19/07 WAN TEHRAN PCL-
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      547 25 I UK CONTINENT SERVICE I Loading tor I MARE RDM/ATW/BMN/UK/NAN I OCEAN OLYMPIC RDM/ATW/BMN/UK/NAN I STARLING RDM/ATW/BMN/UK/NAN I Loads Singapore, EVW Maiaysa. Indonesia J MIDDLE-EAST SERVICE Loading lor TZANETIS DBI/ABU/DOH/BRN/DM M/KWT MERIDIAN NAVIGATOR DBI/ABU/DOH/BRN/DM M/KWT SEA BRIGHT JDH/AQA/DMT 1 ASPILOS JDH/AQA/DMT I FAVORfTA DBI/ABU/DOH/BRN/DM M/KWT I Toads Singapore EVW Malaysa.
      547 words
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      954 25 VfSm ?5I SS PQU HUM yoY cm PM Mwpi STOP! 22/04 11/2 KfMnMi HU 8/2 —g&— Pfl VBSB. Ha sw WOO IXPOISS 1 23/04 25/06 AMQ I M) Jf/jC =&=r WWam» 1 rCh —ofw AKI W* HWWIBSI MMU 6i/il 07a07 iSai SI ?HK A-a 1 f-$j j#sr~ palkipai :imm I
      954 words
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      144 26 1 HKYOWA LINE Potmos Senator 942E" 24/06 03/07 12/07 13/07 "16/07 21/07 Patmos Senator 942E" 24/06 20/07 oyofl Paimos Senotor 942E" 24/06 10/07 "*****" 18/07 Patmos Senotor 942E" 24/06 06/07 15/07 16/07 19/07 Mifenio Tower 205FT~ 29/06 26/07 "04/08 05/08" 07/08 os/08 Millyio W 203N ***** 20/07 03/08 Millenio Tower
      144 words
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      293 26 CWT GLOBEUNK PTE LTD W OWNOFFICESIN TEL: *****8 33 (36 LINES) FAX:*****742 M SYDMIY-MtLtOUKNt KNANGFOHT KCLANG PASIR GUDANG KUCHING BANGKOK KARACHI BOMBAY Ntw DELHI-COLOMBO-HO CHI MINH CITYHAIPHONGHANOI BREMEN HAMBURG TIANJIN QINGDAO SHANGHAI-XIAMEN FUZMOU-DALIAN-XIAN-BEIJING-iHI MA ZHUANG DiRECT SAILING TO EASTISOUTH AFRICA MOMBASA DURBAN <fL JOHANNESBURG J f —I CAPETOWN //X PORT
      293 words
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      239 26 MYANMA iHHMk FIVE STAR UNE NotiMMl Um) WHft wr SM Pll PR PGU M9MW M sic PAGAN VJMW SID IN MALAYSIA: lOUSTIAD SHIPPING AGCIKIIS MIL 03 1 *****0 P*L 03-*****101 PHfc 04-2****** BANK LINE >» wvkt ♦> ta*»w WMr Shiyyit) VT" 1 NORTHBOUND TO EUROPE V CONTAINER, RORO, MAX I
      239 words
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      91 29 J RIPERUSAHAAN PHATARAN XJ KALIMANTAN PIIIICT WKKLY SERVICE TO 1 J AJU*TA/PALEMIANG/DUMAJ I I *i I I w IriMw baau uoauwai w/« n/u ri/u C7ST i I uowNB. B7iT- H/M IJ/B 1 I wm! W/W--B7W —H7»7 —T1717 SURAIAYA/PANJAMG VtSMI Vm ui UR I o—m m/n lijij ***** ***** —I I
      91 words
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      97 29 FULL CONTAINER SERVICE SIN PASIR OUDANQ SIN DAILY SAILINGS IVESSB. I voy I croPGimy war Etxawl cwyl mm* »13H 19A*/02 WED OOUOHHW ISISS 1 »/0M» WED 1515H TOuj mxmn mio aM BB fw fIOUSUBft -Ul«_ A/SHSL _OL_ UI«L .22A&S&. *L_ PTOagg »1» 21AX/02 m 2615S I 22/M/Q2 sw |GOmO<yPW| 1517»
      97 words
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      74 29 uAsnu mm 26 JIM COIOfIBO, MUMBAI KANMA 24 JUNE CMDMAi, KAUNADA, CALCUTTA 25 JUNE DUML DAMU* AIU DHAH 21 JUNE WJMBAJ WwMy Cinldiwi hwiw te Calnil Qw« PHOENIX SHIPPING iftdltd MONTHLY BREAKBULK Ma TO SOUTHERN AFWCA ANO MOIAN OCCAM ISIANOS VESSEL NAME VOV SPORE DURBAN PMOENXI I 07WB 20A37 01/06
      74 words
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      34 29 ETA ETD LOADMOKJR JIMS KWIOia2MMOM WW TnoncM.nooE SMMOHSSMMOOB PMNOMPCNH JUNS I<yo7/2002 PHNOMPCNH4MJNGTAU (30 TON DERRICK AVAILABLE] THE NEW STRAITS SHIPPING CO. (PTE) LTD MM—M——T TB-HPiQoy/iaßßaa-mwsanoFAKgawaiMO: ii4aD7aßoaw Read Reviews of LINERSCENE Every Fortnightly on Mondays
      34 words
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      80 29 S ESP LINES WW WHHT LQ SBtWg TO U6OS VBSa SUM WBTIMHKMT loows nwr—u «gwi msmrm. CONVBrnOHAL/HUOUU SHVW HASH UMMKFM wur !VII/m OUUIMMMN <U>m—l—Wß «wnt IMMU STOM i* mmn Mfctniiiv mum t»a nnfi til sums) ml snroi «r re. *mm m own MULAWSWBAPOK/VgTIAIISEWVCE vcsas ¥wr eu n» kstmatkm MCUKM I/OJ
      80 words
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      653 30 ||EhB9H twik llpiMilili TKHIStAM) nm 25-26*6 07-04/07 0910/07 I nsawii m* 21-29/06 0547*7 i?ivo; I ncama wo« 02-03*7 0911*7 it-u/w I iwasttii wm ow*/o; in 5*7 »ji/d; I Ivnsti vor m cal^^sm^B WWB 337 WnM WWtii 07 0»/'07 I MUM MM B-X/Qi 03-05/07 13-14*7 I TKaCIJFF 050 2fc27*6 05-07/07 14-17/D7
      653 words
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      688 30 IVKSa MAMI VOT SMGAPOti PORT KLAM6 QfTUOOMG n» m no m no in no OCOIOMWT 06M044 SAI 22/06 23/06 23/06 37/06 02/07 I OtIARE 09*079 TMU 27/06 20/06 20/06 01/07 87/ij 1 1 COMSKTWa 15M104 TMU 27/06 20/06 20/06 OVOT ii/BT 1 1 IMP HSMM6 00M034 SAI 29/06 "OITOT oTToT
      688 words
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      54 30 CONFER (S.E.A.) ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAOONG VESSEL SIN CTG EMERALD 25-2$ JUNE X JULY OMCCT FCULCUCOMVSNTKMUU. URVtCCS TOjw"r a*>Cor»wni MMm CakxML Bartm/ Kndi Cotantio Chtegong Tutoon. Cochr FCIACL lITHcm TOI Kjtntt m— E»op* UMtartMnHvtugMN<ingMri r mWm m«> JkHMi (Job Tmto Lamaca
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      970 30 I 7 I /#n I Drl7 I IWlta W awen;iinomc «M*-hk//H*Mi I I Wif I LI 111 MK 1H: 01-4221-1333 ML 02-4221-5272 I /WW FA* 02-4227-QlfQ «Hoa 2240 21/ d» GUOO 20/00 000 DM twoa 2240 21/04 SS TSH ST «SWH 2270 24/06 OKA 2203 Jl/04 t** 21 SO 25/04
      970 words
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      159 30 ImWSBSSBSM FTn22^to!2siQ7>Q BREAKBUUC A CONVENTIONAL SERVICE DIRECT SBTVK3 FROM S'PORf TO KARACHI I rasa I voTAg rasmwtf n»uMoi~~| sm w| \tm itSQg/u K/vm mum I \mm ismm warn Mip* SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood #17-07/0# Apu Towt, *****3 Tekphonw *270 0977 vl FocsamaU: 6275 2309 Ml TeWx: tS
      159 words
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  • Page 31 Miscellaneous
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      119 31 K Thunderstorm A Showers X\ Rain T C (j Wind dined lon and speed in knots Cloudy Day Weather c>o Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I I Sight, < 1.2 m J—One half fteche represents 5 knots
      119 words
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