The Business Times, 30 August 2002

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Microfilm: NL24530
Total Pages: 88
1 88 The Business Times
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  • Title Section
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    16 1 THE BUSINESS TIMES MITA (P) 010/03/2002 In ernc-i: http://business-times.asial .com.sg SINGAPORE FRIDAY, AUGUST 30, 2002 85C
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  • Article
    Lock icon MARKET SUMMARY
    74 1 sn UMJS (-14 55) ST INDEX FUTURES 1,***** (-11.00) smsa FUTOEES 187.00 (-2.00) STOCK MAIXET INDICES Thursday Change KLSECOMP 715.14 -9.58 NIKKEI 225 9,620.14 -146.59 HANG SENG 10.061.15 -89.10 SET INDEX -***** -199 JAKARTA COMP _438.92 -4.06 MANILA COMP .1,***** -3.15 TAIPEI WPI 4,800.63 *11.00 SEOl'L COMP 724.94
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  • Article
    Lock icon FINANCE
    67 1 FOBEX RATES USI s$ US$ (S$ per US$) 1.748 £(US$/S$ per 1.542 2.696 EURO(l'S$/S$/E) 0.986 1.723 YEN 117.7 67.30 RM 3.800 2.174 HKS 7.800 4.46.1 BAHT 4125 24.17 RITIAH 8,873 6,077 PRIME RATES SINGAPORE* 526 KUALA LUMPUR 6 40 HONGKONG 5.126 JAKARTA 39.00 TAIPEI 6 625 TOKYO 1.376 SEOUL
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  • Article
    Lock icon SGX keen to launch stock settlement contracts
    501 1  -  I-II exclusive] Exchange seeks brokers' feedback; market watchers welcome move By\ Ven Sreenivasan, R Sivanithy [SINGAPORE] The Singapore Exchange (SGX) is studying the introduction of a new product for investors a settlement contract written on individual local stocks and has approached brokers for
    501 words
  • Article
    Lock icon Q2 US GDP up 1.1%; pace seen picking up
    592 1 Consumers expected to boy more homes and cars in third quarter Bloomberg AP Reuters [WASHINGTON] The US economy grew at a 1.1 per cent annual rate from April through June, which may prove to be the weakest quarter of the year,
    Bloomberg; AP; Reuters  -  592 words
  • Article, Illustration
    Lock icon Alvin Tay is BT's new editor
    525 1  -  Patrick Daniel moves up to divisional managing editor; Han Fook Kwang is ST editor By Quak Hiang Whai [SINGAPORE] The Business Times will have a new editor from Monday. After 10 years as editor of the business daily, Patrick Daniel makes way for his
    525 words
  • Article, Illustration
    Lock icon M1 plans to list on mainboard in Q4 this year
    542 1  -  IPO to comprise more than 50% of Hi's shareholding By fCTI Eugene Low [SINGAPORE] Mobile One Asia is targeting a mainboard listing in the last quarter of this year, and is in the final stages of appointing an adviser for
    542 words
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      111 1 WSTOE BT Comment Quak Hiang Whai: End of the home loan war finally? Pg4 Jaime Em: The real challenge behind the Esplanade. Pg 23 Executive Lifestyle How companies can manage their travel costs. Back Page i Top Stories CPF gives nod to non-Sing investments. Next Page Hutchison may sell more
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      10 1 Double dip scenario for US more compelling now, Page 2
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      21 1 52 PAGES OF WATCHES WATCHES WATP.HFS 10, COMANDANTE DEL TJgMjPO. Ht:. Stf USB h >f ««i t tci L* I.JL 1
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    • ON THE grapevine
      • Article
        Lock icon Give me a ring any time
        81 2 SHAREHOLDER value has taken on a new meaning at mainboard-listed Giant Wireless Technology, it seems. We hear that minority shareholders who turned up at the company's annual general meeting early this week were there not just to meet management. Some shareholders, a source said,
        81 words
      • Article
        Lock icon Liquid-ity problem
        92 2 YOU wouldn't think a cash-rich club like the National University of Singapore Society (NUSS) which is set to make a multi-million-dollar bid for the Pinetree Club, pending financial support from members would need to engage in cost-cutting. Some NUSS members were aghast to learn that the water dispenser
        92 words
      • Article
        Lock icon If it ain't caffeine, it's cash
        101 2 u n ani i uo/fe/f/e, u d ucfo>ii COLOMBIANS have been busy with something else when they are not producing good coffee beans. According to Alberto Ruiz Garcia, a director of the Secret Service and Judicial and Investigative Police of Colombia, at least 43
        101 words
    • Article
      Lock icon CPF gives nod to non-Sing $ investments
      681 2  - CPF gives nod to non-Sing investments Offshore funds, low-cost privately managed pension plans get green light By I Genovieve Cua USINUAPORE] it's all systems go for non-Singapore dollar investments for CPF savings. The CPF Board yesterday said it will allow non-Singapore dollar investments in professionally managed products like unit trusts,
      681 words
    • Article, Illustration
      Lock icon Double dip scenario for US more compelling now
      362 2  -  |:il exclusive! US$, electronics cycle vulnerable, says Steve Roach By' Vikram Khanna [SINGAPORE] The chances of a double-dip recession in the United States are now "compelling", given signs of deflation and the recasting of US GDP figures to show the economy spent
      362 words
    • Article, Illustration
      Lock icon GLCs have done much for economy, concede businessmen
      605 2  -  Now, they could help local SMEs expand abroad Byi Chuang Peck Ming [SINGAPORE] Govern-ment-linked companies have put Singapore business on the world map and they can now help open doors for local businesses to venture into the region, according to a quick
      605 words
    • Article
      Lock icon Hutchison may sell more stakes in terminals to shipping lines
      433 2  -  Move to lock up customers to fight competitors From Audrey Tan in Hong Kong LI Ka-shing's Hutchison Whampoa is looking to sell more equity stakes in its container terminals to shipping lines, in an effort to fend off stiff competition.
      433 words
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  • SINGAPORE companies
    • Article
      Lock icon Need for GLCs to show deals are market-linked
      467 3  -  Conference Board assesses corporate governance reform in Singapore By I Serena Ng SINGAPORE'S govern-ment-linked companies (GLCs) must work harder to prove that their corporate decisions are undertaken for market-related reasons to improve shareholder value, a global business group said in a report
      467 words
    • Article
      Lock icon Robinson's net profit down 16% to $27m
      394 3  -  By Kalpana Rashiwala CASH-RICH retailer Robinson Co reported a 16 per cent slide in full-year group net profit to $27.1 million due to a weaker performance by both core businesses retail and investment income. And the blue-chip retailer which operates the Robinsons, John
      394 words
    • Article, Illustration
      Lock icon HTL interim profit doubles to $ 10.6 m
      264 3  - HTL interim profit doubles to 10.6 m By* Arthur Poon MAINBOARD-LISTED HTL International Holdings, a leather tanner and sofa manufacturer, yesterday reported a 105 per cent increase in net profit to $10.6 million for the six months ended June 30, 2002. Turnover rose 68 per cent to $152.3 million. The
      ARTHUR LEE  -  264 words
    • Article
      Lock icon Tiong Woon profits up 6-fold
      326 4  -  $4.6 m gains due largely to core lift haulage business, cost controls By] David Boey TIONG Woon Corporation Holdings, a mainboard-listed land and marine heavy haulage provider, yesterday posted a sixfold jump in net profit to $4.6 million on the back of better takings from
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    • Article, Illustration
      Lock icon Eu Yan Sang net profit rises 6.6% to $6m
      337 4  -  Turnover up by 18% despite difficult retail conditions By Rachel Ong CONSUMER healthcare group Eu Yan Sang is reaping the rewards of staying focused on developing its core products. Yesterday, the mainboard-listed company said its full-year turnover rose 18 per cent
      CHRIS LOH  -  337 words
    • Article, Illustration
      Lock icon AP Oil's H1 net profit jumps 43.7% to $1.39m
      225 4  -  By, Arthur Poon bESDAQ-LISTED AP Oil International, a lubricant and speciality chemical manufacturer, yesterday reported a 43.7 per cent increase in net profit to $1.39 million for the six months ended June 30. Turnover surged 124.8 per cent to $35.7 million.
      ARTHUR LEE  -  225 words
    • Article
      Lock icon End in sight for home loan war?
      728 4  -  lock siew quak hiang whai THE guns have fallen silent for almost two weeks as banks engaged in the current bruising mortgage war waited for DBS Group's response, which finally came on Wednesday. In the month running up to the key changes in
      728 words
    • Article
      Lock icon S'pore listing to stay primary: People's Food
      280 4  -  By\ Rachel Ong CHINA-BASED People's Food Holdings dispelled market rumours that it was using its Singapore mainboard listing as a stepping stone to a Hong Kong listing. "Both will be primary listings. There is no distinction as to which is more important to
      280 words
    • Article
      Lock icon Sing Lun strikes deal in Vietnam
      302 4  -  By Rachel Ong AT a time when companies are rushing into China, mainboard-listed Sing Lun Holdings Limited is taking its first steps into Vietnam instead. The garment manufacturer said on Wednesday it is working with Vietnamese state-owned enterprise Dap Cau Import Export Garment company
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    • COMPANY Briefs
      • Article
        Lock icon KS Tech interim profit up 24%
        92 4 Reuters KS Tech's first-half profit rose 24 per cent in the six months to June 30 to $2.14 million. Earnings per share improved to 1.98 cents from 1.59 cents as turnover increased to $32.8 million from $27.51 million. KS Tech distributes and markets oil
        Reuters  -  92 words
      • Article
        Lock icon Teamsphere posts smaller loss
        67 4 Reuters TE AMSPHERE said its net loss narrowed for the year to June 30 to $4.01 million from a loss of $4.31 million a year ago. Loss per share was 4.17 cents, down from 4.49 cents previously. Turnover for the specialist metals engineering group fell to
        Reuters  -  67 words
      • Article
        Lock icon H1 tornaroond for Apollo Enterprises
        82 4 Reuters APOLLO Enterprises swung to a net profit of $146,000 in the six months to June 30 from a net loss of $1.32 million a year ago. Earnings per share was 0.09 cent versus loss per share of 0.86 cent previously. Turnover fell to $24.35
        Reuters  -  82 words
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      531 3 APOLOGY 1. In the August 2002 edition of the Asian Legal Business we caused to be published an article entitled, "Economic Pressures Re-ignite Lee Suet Fern Debate", ("the Article") 2. In the Article we made the following statements ("Statements"):a. We had stated that there has been friction between Messrs Allen
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      975 4 ASEAN FUND LIMITED I I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company I will be held on Thursday, 19th day of September 2002 at 11.00 a.m. at Conference Room 4, Lower Lobby, Sheraton
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      110 5 Standard Chartered $S 8 KIH iml rt4H MABAfI Let your returns take off with our Higher Interest Deposit. For a minimum investment amount of U5525,000 or equivalent, you can enjoy a higher interest rate for potentially higher returns*. Invest US$l2O,OOO or more in our Higher Interest Deposit and enjoy the
      110 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      337 6 OTHER SINGAPORE INDICES Aug 29 VALUE CLOSE BT06/0S 350.00 171.00 BTCADI *****.00 109.00 BT 10-day MA -*****.00 35.00 AM-SG Ipgjjg 399.26 -4.54 SGEqaWMEbct 120.48 -3.10 SG EqaMas Fla 1307.99 -26.22 SGEqnMMPtop 400.13 -1.77 MSCJ Singapore 186.51 2.03 SiMSCI Futures 187.00 -2.00 Stoc VoMiw Unfcs Island 10c 46,080.000 Cittfnya2 5c 27,544.000
      337 words
    • Article, Illustration
      Lock icon Want Want's shares may be a better bet than its warrants
      250 6  -  HOT STOCK/ WARRANT By R Sivanithy AFTER telling the market that it is moving into the healthcare business, Taiwanese snack food maker Want Want Holdings' shares have been severely punished. At 53 US cents, they now stand at an
      250 words
    • Article, Illustration
      Lock icon Opacity and transparency
      785 6  -  I=ll comment STOCKS r. sivanithy OPACITY and transparency are two of any stock market's most frustrating features. On the one hand, things happen for reasons which are sometimes known to only a privileged few. hence the use of the word "opaque" to describe some of what goes
      785 words
    • Article, Illustration
      Lock icon US$ on the ropes ahead of long weekend
      623 6  -  =11 comment CURRENCIES Wall Street indices look vulnerable on the charts larry wee THE US dollar was again forced into the defensive in Asian trading yesterday, ahead of what's expected to be more weak US stats tonight, and thin trading before an
      Source: Reuters  -  623 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3134 6 UNIT TRUSTS FUNDS ony Global Travel Index Fd 0 70V Com S pore Bond Fund^ A 1.057/ AM Amro Asset Mgt (S pore) Credit Agncoie Asset Mgt S pore Ltd Star Europe Eqty* 0.66V Indocam Asid ViMOn' 0 822/0 864 Star Europe Bd 1 04» Star Europe Bal 0 844'
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Centrepoint bags 103-year lease for Mt Sophia site
      448 7  -  Uli exclusive! It will pay Methodist Church $50m and deliver some condos Ny Kalpana Rashiwala CENTREPOINT Properties has bagged a 173,800 sq ft site on Mount Sophia from the Methodist Church in Singapore. It plans to develop a 280-unit condo on the
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    • Article
      Lock icon S'pore delegation sees Zhejiang spirit in action
      707 7  -  Rest of China wants to copy province's entrepreneurial vigour Pivm Loh Hui Yin in Wenzhou IF you want proof of how business-like the people of Zhejiang are, just step into a guest bathroom in New Garden Hotel in Ningbo city. Neatly displayed in
      707 words
    • Article
      Lock icon Arrivals from China soar in H1
      323 7  -  on the economy visitor arrivals By. Arthur Poon VISITOR arrivals from China for the first six months of this year registered a phenomenal rise of 43.5 per cent over the same period in 2001, to 336,226. Despite China's strong performance, overall figures from the
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    • Article
      Lock icon Bloomberg to pay $570,000 in damages
      267 7 Singapore leaders accept apology and proposed amount NEWS agency Bloomberg has proposed to pay close to $600,000 in damages to three Singapore leaders in settlement for a defamatory article it ran recently. And the leaders Prime Minister Goh Chok Tong, Senior Minister Lee Kuan
      267 words
    • Article
      Lock icon Checks find JTC blocks structurally safe
      196 7 JTC Corp yesterday said checks on nine JTC blocks in Toa Payoh Industrial Estate show that they are structurally safe. These blocks have similar designs to Block 998, whose rear corridors on five floors collapsed on Tuesday. Cracks were reported to have been found
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    • Article, Illustration
      Lock icon Getting more out of Life!
      55 7 A MODEL holding aloft the new-look Life! at the launch of the "Got Life!" campaign yesterday. As part of the campaign, readers will get to see an improved Life! section of The Straits Times from Sunday. Apart from a new masthead, new daily features will
      DESMOND PCHT ST  -  55 words
    • Article, Illustration
      Lock icon Jakarta to step up regulation of labour recruiters
      348 7  -  By Eugene Low TO minimise disputes and abuses involving Indonesians working in Singapore, the Indonesian government has stepped up efforts to improve the regulation of Indonesian labour recruiters, Indonesia's Minister of Manpower and Transmigration Jacob Nuwa Wea said yesterday. In a joint
      JAKARTA POST  -  348 words
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      110 7 connectingasia and technology 3-6 September 2002 Singapore Expo Hails 4, 5 6 3 Sep 10.30 am 6.00pm 4-5 Sep 10.00 am 6.00pm A 6Seplo.ooam-4.00pm GIobaITRONICS 2002 here again, to showcase the latest technology and product launches from all over the world, including first-time participating companies from Hungary. Mexico and Italy.
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  • MAIL bag
    • Article, Illustration
      Lock icon Promising results of STB's promotional efforts
      834 8  -  Yeow Mei Sin Deputy Director Marketing Communications Singapore Tourism Board WE refer to Vikram Khanna's commentary (BT, Aug 26), headlined "Tapping Asia's fastest growing tourist markets". The Singapore Tourism Board (STB) thanks Mr Khanna for his comments. However, we feel obliged to clarify a
      834 words
    • Article
      Lock icon Review of govt departments needed
      240 8  -  Ho Keng Soon Singapore I REFER to the report "S'pore can become an entrepreneurial society" (BT, Aug 19). An insignificant thing like allowing people to dance on bar tops (if the management of the establishment allows it and has taken due precaution for it) goes
      240 words
    • Article
      Lock icon Schools ranking is only one of many measures
      413 8  -  Tang Tuck Weng Director, Planning Ministry of Education I REFER to the commentary, "Can our top-ranked schools produce a Bill Gates?" by Lee Han Shih (BT, Aug 19). The Ministry of Education ranks secondary schools and junior colleges on a broad spectrum
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      1143 8 Fleetßoston Financial (Incorporated in the U.S.A. with Limited Liability) FLEETBOSTON FINANCIAL CORPORATION Consolidated Balance Sheet (dollars In millions, except share and per share amounts) December 31 2001 2000 December 31 2001 2000 ASSETS LIABILITIES Cash, due from banks and Deposits interest-bearing deposits 12,709 12,826 Domestic: Noninterest bearing 29,058 29.707 Federal
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      128 8 We welcome letters. E-mail us at bttetter&sph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your fuß name, address and telephone number, so we can verify it came from you. Please use temperate language,
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      85 9 I Everywhere under the sun. 1 When people go to work, they shouldn't H have to leave their hearts at homef^ How can you possibly be a global business warrior, if you're worried about what's happening at home? With Ml Roaming, you needn't leave your heart at home. Because with
      85 words
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  • EDITORIAL & opinion
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      Lock icon A player who doesn't know how to play
      828 10  -  1 bottom line OPINION Michael lewis Michael Lewis, an author whose books include 'Next: The Future Just Happened' and 'Liar's Poker', is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg THERE may be people on this planet who
      Bloomberg  -  828 words
    • Article
      Lock icon IN OTHER WORDS
      40 10 The scandals will go away. And the cooling economy is temporary. The terrorism thing is kind of a permanent thing.' -Bill Barker an investment adviser, on the lingering influence of the terrorist attacks on the stock market.
      40 words
    • Article
      Lock icon Malaysia's ratings outlook
      564 10 EDITORIAL THERE is no question that Malaysia's standing in the international investment community has improved in recent times with two credit rating agencies upgrading its foreigncurrency sovereign debt rating. Joining rating agency Fitch in raising by a notch the country s debt rating, Standard Poor's gave credit
      564 words
    • Article, Illustration
      Lock icon Watch for that double dip in the US economy
      2073 10  -  Morgan Stanley's chief US economist, Steve Roach, talks to vkkAM KHANNAabout his bearish prognosis for the US economy, and its impact VIKRAM KHANNA The writer is BT's economics editor Vikram Khanna: Are you still fundamentally bearish about the prospects for the
      FILE PHOTO  -  2,073 words
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  • REGIONAL news
    • NOTE Book
      • Article
        Lock icon Philippines GDP up 4.5% in Q2
        90 11 Reuters [MANILA] The Philippines posted surprisingly strong second-quarter economic growth yesterday, outpacing most countries in the region, but economists said the performance would be hard to sustain over the rest of the year. Powered by a surge in industrial output, gross domestic product (GDP)
        Reuters  -  90 words
      • Article
        Lock icon Genting's H1 profit rises to RM387m
        76 11 Reuters [KUALA LUMPUR] Malaysian conglomerate Genting Bhd reported a big jump in six-month earnings yesterday as it drew more visitors to its hill-top resort and as its plantations and cruise businesses improved. Net profit rose to RM386.56 million (*****.7 million) in the six months
        Reuters  -  76 words
      • Article
        Lock icon YTL posts 14% hike in Q4 profit
        67 11 Bloomberg [KUALA LUMPUR] YTL Corp, Malaysia's biggest builder by market value, said fiscal fourth-quarter profit rose 14 per cent, helped by higher revenue at its power generation and cement businesses. Net income rose to RM121.5 million (5555.9 million) in the three months ended
        Bloomberg  -  67 words
      • Article
        Lock icon Acer's Q2 profit increases 89%
        70 11 Bloomberg [TAIPEI] Acer Inc, a Taiwanese computer maker, said second-quarter profit rose 89 per cent from a year earlier as the company sold more brand name computers and sold investments. Net income rose to NTS 333 million (5516.9 million) from NT$l76 million in the same
        Bloomberg  -  70 words
      • Article
        Lock icon Swire Pacific to sell plant to Coke
        61 11 Bloomberg [HONG KONG] Coca-Cola Co will buy out partner Swire Pacific Ltd from their non-carbonated drinks plant in southern China for 199.5 million yuan (5540.6 million) to expand production. Coca-Cola will buy the plant from Swire Coca-Cola Hong Kong Ltd, 12.5 per cent
        Bloomberg  -  61 words
      • Article
        Lock icon Commerce Asaet's Q2 profit falls 5.6%
        58 11 Bloomberg [KUALA LUMPUR] Commerce Asset-Holding Bhd, Malaysia's No 2 lender, said profit in the second quarter fell 5.6 per cent as it set aside more money to cover bad loans. Net income fell to RM122.9 million (5556.5 million) in the three months ended June,
        Bloomberg  -  58 words
      • Article
        Lock icon Rise in Bank Mandiri's H1 net
        65 11 Bloomberg [JAKARTA] PT Bank Mandiri, Indonesia's biggest lender by assets, said profit in the first half rose to 1.77 trillion rupiah (*****.5 million), up from 1.13 trillion a year earlier. Bank Mandiri said net interest income rose to 3.23 trillion rupiah from a restated
        Bloomberg  -  65 words
    • Article, Illustration
      Lock icon Thailand plans rubber futures trading centre
      334 11 BANGKOK It seeks to challenge Singapore as S-E Asia's top trading centre Bloomberg THAILAND, the world's top rubber producer, plans to start a rubber futures exchange this year to help it challenge Singapore as South-east Asia's top centre for trading the commodity. The new
      Bloomberg; FILE PHOTO  -  334 words
    • Article
      Lock icon Golden handshakes were 'legal', says TRI ex-director
      327 11 KUALA LUMPUR Payments approved by old TRI board now nnder scrutiny AFP ONE of three former directors who received payments totalling RM38.7 million (5517.8 million) before resigning from Malaysia's Technology Resources Industries Bhd (TRl)'yesterday defended the payments as "legal", TRI, Malaysia's second largest
      AFP  -  327 words
    • Article, Illustration
      Lock icon High Court overturns Sabirin's conviction
      286 11 MJAKARTA No evidence of central banker's role in payment scandal, conrt says Bloomberg INDONESIA'S High Court overturned the corruption conviction of central bank Governor Sjahril Sabirin on the grounds that there is insufficient evidence to prove he committed graft, a court official said. Sabirin, 59,
      Bloomberg  -  286 words
    • Article, Illustration
      Lock icon Abdullah looks at spreading wealth through unit trusts
      490 13  -  Move could reduce need to pick Malay tycoons to drive affirmative action From Eddie Toh in Kuala Lumpur MALAYSIA'S Deputy Prime Minister Abdullah Ahmad Badawi is exploring ways to further spread the country's corporate wealth through unit trusts, in a move which
      REUTERS  -  490 words
    • Article
      Lock icon Arroyo fires opening shots in campaign for 2004 polls
      645 13  -  l"sils?Tfrommaiina She is now focusing on politics in bid for another term as president al labita THE Philippines' 2004 presidential election is still a long way off, but President Gloria Arroyo is not taking any chances. She's been highly visible on
      645 words
    • Article
      Lock icon Toyota, China's FAW cement partnership
      219 13 SHANGHAI Reuters CHINA and Japan's largest car makers, FAW and Toyota Motor Corp, cemented a strategic partnership yesterday aimed at grabbing 10 per cent of the burgeoning China car market by 2010, company officials said. They signed a broad agreement in Beijing's Great Hall of
      Reuters  -  219 words
    • Article
      Lock icon Court gives PAS go-ahead for Petronas suit
      440 13 KUALA LUMPUR Terengganu fighting for royalties from national oil firm Bloomberg A MALAYSIAN court ruled that Terengganu state can go ahead with a lawsuit to claim oil royalties from Petroliam Nasional Bhd, the government-run oil company that stopped payments the year after an
      Bloomberg  -  440 words
    • Article
      Lock icon TSMC building China plant: report
      366 15 TAIPEI But company says it has yet to get Taiwan's approval Bloomberg TAIWAN Semiconductor Manufacturing (TSMC), the world's largest supplier of made-to-order chips, has started construction of a US$l.l billion factory in Shanghai, its first plant in China, the Commercial Times said, quoting unidentified Chinese
      Bloomberg  -  366 words
    • Article
      Lock icon Opening-up of China trade will benefit Asean: minister
      305 15  -  From'. Diana Oon Abdullah in Kuala Lumpur MALAYSIA, along with the rest of Asean, stands to benefit as China opens its doors to trade and investment, Long Yongtu, China's vice-minister for foreign trade and economic cooperation, said yesterday. Mr Long said the
      305 words
    • Article
      Lock icon Shenzhen seeks foreign buy-ins for 5 state units
      285 15 BEIJING AFP CHINA'S booming southern city of Shenzhen has invited foreign investors to bid for stakes in five state-owned companies covering key economic sectors, state media said yesterday. Major state-owned enterprises in the city covering energy, water, gas, public transportation and food
      AFP  -  285 words
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      38 11 M 'iy 40* jn r we share with you at exceptionally advantageous prices, tor our AA NDIAL OBS3SB nif^r'Se S^pi;| 391 Orchard Road. #hM6Tcwerß. Kt« J. u* BbfefeifaL:, Li- Tel: 6734 2034 www. moiidial oun.sg fiu/Jf.-rfy < tf-W W*.
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      882 12 Remarkably unsuccessful inventions of our time. Q_ 3 HP "1— '\Z' some future but unspecified date, in a very warm So it is with advertising. There are a few agencies I 11/ It I f place, where he (the boss) would have him (the'ex- to whom it is relatively safe
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  • Article, Illustration
    Lock icon FINANCE
    1061 13 Transaction date: Aug 29 DtTERBAWK CROSS RATES <* Y« Ml «Z$ nm S$ tort Sir «$»**■<« w 0 86C <54i 0560 4J07 2t7M ***** 650 6.632 2.098 U74 32.762 28.590 0.965 5167 0.824 18.891 ??Vf 0.358 0.552 C«*4 1163 5.328 0.651 5.008 31.143 56.970 0.756 7.7T1 2.440 1.365 38.093
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      1439 13 HOP 8822/lmUrecrrtts»«ffci—« i IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF SEMBAWANC SMI ASIA PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50,1994 Ed), the Final
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      271 14 I 11 A 1 16 $18.10 $23.95 $26 10 $35 $37 $37.70 $40.50 as isz jhkl «ap* JHR SS jfISL p IS?uT co ££ST cha ßSs^T d cha 6 chekt 'SEES? CMJ %£X* m -SiA A- A Sr A T *F _*2*«r ju?^r r '^a* v >« ,V. V'i.-A j
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  • Article
    Lock icon COMMODITIES
    1528 15 BOOM FUTURES Aug29 mm Ftfam (Ctosag prices) RSS1 (S cents/kg) CtOM VotWM OpM MobMi Hjffc Low S«tt (towwi) Intortst Sep 02 159.75 Oct 02 159.50 No* 02 159.50 Dec 02 159.50 RSS3(USants/k0 VotwM Open Mouth High Low Sott (tomts) Merest Sep 02 90.75 850 Oct 02 90.50 90.50 9025
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      766 15 To advertise call toll-frre 1800 289 8822 E—II ircruiisg> p h com IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GRAS SAVOYE SINGAPORE PTE LTD {IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308( I) of the
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      394 15 IN THfc MATTfcK (If THI COMI'ANIhS ACT. CAPS) RU hi IRA TRADING ITh I.TD (In MemtwV Voluntary I kfukUlmni Ai an hitraordiiury (icncral Meeting ol mcmhen. of RlX' IJ.TRA TRADING ITT I.TD duly convened and held al IV) On hard Road #07 10 Orchard Pla/a Si 218X41) on 25 August
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      541 15 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTER Of WORIO OASIS ENGINEERING PTE ITD (In Creditors' Voluntary Liquidation) NOTICE Of RESOLUTIONS At Ihe f itraordinory General Meeting ol the Members and the Meeting of **e Creditors of the Company held at 60 Mortin Rood, TrodeMort
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  • WORLD news
    • Article
      Lock icon Back to basics for stock markets
      431 16 LONDON Investors cooler now, weighing merits of each national market IHT WHEN the investment bears hit the beach for their August vacations, the players who were left behind took the global stock markets back to the basics. Instead of wild jitters over US corporate
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      Lock icon Supplier boycott set to widen as Daewoo Motor stays shut
      389 16 SEOUL Reuters SOUTH Korean automaker Daewoo Motor Co was shut for a second day yesterday as a boycott by a major parts supplier looked set to widen to a group of firms jointly owed US$7OO million in unpaid bills. The
      Reuters; REUTERS  -  389 words
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      Lock icon Stocks slump hits Munich Re, Swiss Re profits
      446 16 MUNICH Bloomberg Reuters THE world's biggest reinsurers, Munich Re and Swiss Reinsurance Co, said their earnings were wiped out by plunging stock markets. The two, along with Germany's Allianz AG, said they may face more than US$l.l billion of claims from floods
      Bloomberg; Reuters  -  446 words
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      Lock icon Opec may boost production by 3.5%
      467 16 m VIENNA It molls increase of 750,000 barrels a day to curb prices Bloomberg Reuters THE Organisation of Petroleum Exporting Countries (Opec) may raise oil production targets by as much as 3.5 per cent, the first boost in two years, in a bid to
      Bloomberg; Reuters  -  467 words
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      Lock icon Germany, UK seek release from US executive oath
      575 17 BERLIN But European Commission says it does not object to the law Bloomberg GERMANY and Britain are lobbying the US government to exempt local companies whose shares are traded in the US from rules requiring executives to vouch for their financial statements.
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      Lock icon US housing execs offload stock
      376 17 WASHINGTON They are selling their shares at record pace: report TOP executives in the US home-building industry have been unloading shares in their companies at a record pace this year, the Financial Times said yesterday. The sale suggests the executives believe that the US housing
      376 words
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      Lock icon US short of 6m new grads by 2012
      375 17 WASHINGTON Bloomberg US employers will be six million short of the 18 million new college graduates needed to fill new jobs and replace retirees by 2012, according to projections by the Employment Policy Foundation, a non-profit, non-partisan think-tank for employer issues. "If
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    • Article
      Lock icon SEC nod for Nasdaq system to start on Sept 6
      287 17 WASHINGTON AP THE Nasdaq Stock Market's next-generation stock trading system, Super Montage, will open for business on Sept 6 unless competing electronic trading systems petition for more time to test an alternative. The Securities and Exchange Commission voted 4-0 on
      AP  -  287 words
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      Lock icon CEOs of US firms under probe earn more
      393 19 NEW YORK They get USs62.2m in 3 years, 70% more than average CEOs: stndy Bloomberg ENRON Corp, Qwest Communications International Inc and 21 other companies whose accounting are under investigation paid their chief executives 70 per cent more than the US CEO
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    • Article
      Lock icon Times are tough for former Enron bosses
      518 19 HOUSTON Reuters FOR former Enron executives who were once corporate celebrities and Wall Street darlings, these are tough times. Instead of competing for space on the society pages and accepting invitations to the best parties, they now live mostly in the shadows. Just
      Reuters  -  518 words
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      Lock icon Ex-WorldCom CFO indicted for fraud
      384 19 NEW YORK Snllivan is joined by Yates, 3 others named as co-conspirators Bloomberg FORMER World Com Inc chief financial officer Scott D Sullivan was indicted on charges he orchestrated a multibillion dollar accounting fraud, as the government signalled three other officials were close to pleading
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      Lock icon Lay's stock sales under scrutiny
      258 19 WASHINGTON Bloomberg US investigators probing Enron Corps collapse are examining founder Kenneth Lay's stock sales, a sign of interest in insider-trading or disclosure violations rather than accounting fraud. Michael Ramsey, an attorney for Mr Lay. said he had two meetings with officials of the Justice
      Bloomberg  -  258 words
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      11 16 Weekend rat-catching this weekend! Friday-sunday august 30 September 1 2002 Yangon
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      130 16 Since 1975. our worldwide staff of >j§g over 275 multi-disciplined professionals f 5? including lawyers, chartered accountants. I A V chartered secretaries and bankers have W jf J provided confidential and cost effective Jib Jnlwf com P an y formation In all the major low E |H tax areas including
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      92 16 FRANCH?SING2(wS Pre-register today at Ijjfc oirt for CowpaiilM mch mm: ART ET DOMAIN CHEERS HOLDINGS PTE LTD CREPES N CREAM DEACONS/KELVIN CHIA PARTNERSHIP DELINATURAL (ASIA) PTE LTD DILMAH F B (INTERNATIONAL) PTE LTD EDO SUSHI GOLDEN PILLOW 933 KIKUZE® PRINT-ON-DEMAND MIS COMPUTER EDUCATION CENTRE MUSICTEC PRIVATE LIMITED O'BRIENS IRISH SANDWICH
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  • Article
    Lock icon STOCKS ASIA
    4603 17 i Transaction date:Aug 29 for more, go to u r wu\as-iao7ienmarkets£om HONG KONG l ,an94u^S < !L 192 0 05 24 M J'angsu Nandasoft Co M 0 58 0 05 300 *t JwngxiCopperH ..0.77 unch 4416 Alpha General 0 03 unch 886 ST" UJiJ 052 fl 04 Ananda
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      1659 18 i ne pusiness i imes, rriaay, August 30 t 2C To advertise call 1011-free 1800 289 8822 Email recruitS@sph com I fj|B CREDIT INDUSTRIE!. ET COMMERCIAL I A BANK INCORPORATED IN FRANCE) I Consolidated Balance Sheet Consolidated Statement Of Income I ,in EUR millions) (in cur mi ||k»nsl A »sets
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      489 18 BEIJING SHANDONG FUJIAN HEBEI SHANXI -TIBET MONGOLIA z JONG if 1 0 '>L_/ g COLLECTION x N S j §7:™J 1 I Q! 5 o 1 N 30 Al G S SEPT 5" just arrived! Antique picccs at unbelievable z J, direct factory prices. Check it out! I 0- a.a
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      1142 18 HOTEL MALAYSIA LIMITED (Incorporated in Singapore) LOST STOCK CERTIFICATE The undermentioned stock certificate has been reported tost, destroyed or mislaid C€rtilKal* Nfi, In Iht Nairn ot No. ot stock RamsmghAS 1*166 NOTICE IS HEREBY GIVEN that the new stock certificate will be issued and the above original stock certificate will
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      1027 18 IN THE MATTER OE THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF (1) LIVING CONCEIT (INTERIORS) PTE LTD (2) GRAND CRU HOLDINGS PTE LTD (3) HUANG BAO QUAN INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Companies duly
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      1045 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 5C AND IN THE MATTER Of T.A ONG CO. PTE LTD (In Members Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of T.A. ONG t CO. PTE LTD duly convened and held at 24 Raffles Place#l2-01/06 Singaporeo4B62l
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      857 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF WINALL INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of WINALL INVESTMENTS PTE LTD duly convened and held at 200 Cantonment Road #15-00 Southpoint Singapore *****3
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  • Article
    Lock icon KLSE
    2380 19 Transaction date:Aug 29 B KUALA LUMPUR FraseriNeave .360 unch 2 y 0 j FS8M -24)0 inch 2 KM ('MO) FW Industries .032 002 16 Gadang .0.94 inch 14 A4MRealty .094 inch 14 Gamuda .6.00 unch 895 Abhc 145 0 04 29 GanadCorp .090 002 11 A CP Industries 3.16
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    Lock icon SGX
    802 19 Transaction date:A ug 29 w OM a—Iii Mwt—. w ow ckMy> 051 4 460 -0-020 NatSMSOc 037 1770 <0.010 Capitttand 135 1.460 -0020 OCBC 149 10 800 -0300 ChanfemKond 26c 1.00 2.290 -0X170 OUC 056 6.750 *0.100 c*» Oe* 90c 2 46 5550 -0 050 Parkway H 25c 035
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    Lock icon BONDS & WARRANTS
    670 19 BONDS WARRANTS Lxptry Vol Con* Eicr Disc Mths Company Vote *or- OOO)Kitio Price Ge*r:ng Left AST1VW***** 1J5 1 16 S2 IX 22 Acma ltd W*****6 1.5 1 50 636 4 67 27 Amtek W*****0 «5 -05 338 1 33 4 HI 34 Armstrong W*****0 1.5 -0.5 48 1 10 130
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  • THE ARTS
    • Article, Illustration
      Lock icon Finger-plucking good
      595 20  -  The luminaries of the guitar world will descend on S'pore next month, kammamctahdbam tunes in to the 3rd International Guitar Festival KANNAM CHAMDRAN THERE seems to be a flurry of activity in the entertainment industry which seems to be out of sync with what's happening in the economy.
      595 words
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      Lock icon Theatrical fairytales with a twist
      331 21  -  By Syeda Sana Rahman BEDTIME stories that we used to love have now been translated into theatre pieces like Mime Unlimited's Cinderella Dreams and Theatre Works' Comrade Mayor. The first is a full-length mime adaptation of Cinderella and incorporates three different versions of the tale,
      331 words
    • Article
      Lock icon Septfest returns to Substation
      520 21  -  Theme for the multi-disciplinary festival this year is 'Cultural Currents and Currencies' By Aaron Lye GOOD things don't necessarily have to come on a grand scale. While Singapore awaits the unveiling of the Esplanade and its huge opening festival in October, smaller arts locales are still
      520 words
    • Article
      Lock icon THE PROGRAMME
      327 21  -  Compiled by Aaron Lye PERFORMANCES A Night off Passion.Love .Humour An evening of dance presented by the Singapore Dance Theatre featuring a trio of works by various acclaimed European choreographers Lieder eines fahrenden by Jiri Kylian, Petruschka by Joachim Schloemer and Sextet by Thierry Malandain. Today and tomorrow,
      327 words
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    Lock icon SGX MAINBOARD
    4436 20 Transaction date: Aug 29 for live prices, logon to um y u\asiao7iemarkets£om MrtTL £5 J2L LMtQiKK* GtOk Dr. GrYM MM MCap WtAvg "T c «qEjg w W» i» U» s-» Cur m U mZ ABNAmroNLG S6c 9 12 14 1416 MS ifuMzi 5 unch ,65 ,6 16 "4
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    Lock icon SGX XTRANET
    53 20 ■yi. c-r-y a w A mSr u, iys. ***** Tin 5 Diamonds US8960 5800 3230 s ISDJUSTcch l/S3480cd SB MO s IS MSG Sport US55S I I ***** 9870 s IS SAPSOO US*****cd ***** 8330 s SPDflS US9300cd 1805 1480 t STIETF 100 1520 -30 10 1540 1520
    53 words
  • Article
    Lock icon SGX SESDAQ
    1327 20 *2* ...ft iMtQuoU GrOnr Dm GrYW Net MC* WtAyo »f U» C—gg Sate w. COW HI# Lw. te»« Sdter S Cm M 13 w5 23 12 c ASRHIdgsSc 12.5 -OS 6 12.5 12 5 12 5 15 mi tillZZZm Is ,0 18 18 5 14 s a:s&«. s
    1,327 words
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    Lock icon CLOB INTERNATIONAL
    355 20 I Day Last Quote GrOvv Drv GrYtd Net MCao M<9*i Lew ComeVI) IS«»« W- Hig* low »uy« Sftkt Crr m j£S US 10 AVirnnjngs A2S< A 94 5 «05 78 94 5 94 5 94 5 95 40 3 4 10 6 S5 2034 Cathay Pat 20c HK
    355 words
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  • Page 21 Advertisements
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      386 21 Where to wine, dine and entertain... ""tasas r rt <WB 7 KUKfID www.diners.conLsg OPfiKZSSr AtCaClVsiria, there's more reason to celebrate with great food and discounts! Come to the *ffs Your Nisht 3,4,5! Buffet Dinner' and qet the bMtfor less! 6.3o~t<fcOQ(Kn Adult Sl5 90**»,CMId$t2JCK«* (4-12 years old) Wednesday Is tenUemwrt ttqht'
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      113 21 11..,. I Function Room available for your I I Seminar Company Dinner Dance B fl I Birthday I I Anniversary Dinner Dance I I Baby's Full Moon I I Buffet and Coffee Break available I VCD, full sound system' I I I I Maximum 100 pax I I Minimum Seminar
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      32 21 The Vines Restaurant For Seafood Steak 275 Thomson Road, Novena Ville (opposite Novena Church) Singapore *****5 Business Hours: 12pm-3pm/S.3opm-11pm Dining by the riuer under the stars isn Weal for 2-4 persons (non-spicy)
      32 words
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      175 21 An endless lunch and dinner buffet with 68 outstanding Cantonese dishes, prepared by Hong Kong chefs All diners will be served with a complimentary Braised Shark s Fin Soup with Brown Sauce and Braised Whole Baby Abakxie with Tianjin Cabbage. Lunch: $28.80 (Adult). $17 (Child) Dinner: $30.80 (Adult), $19 (Child)
      175 words
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      87 21 ATTHE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 Ca+m Out, Managed by Mandann Singapore 1 7th Floor, Overseas Union House. CoJlyet Quay Singapore *****1 TeI:22J4IBS Sfm* Smt 4 OUmt ImUwtt E3P 12 Anniversary Special PEKING DUCK Linmed id I tfylf at «rvaf pa uMc
      87 words
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  • EPICURE/CINEMA
    • Article, Illustration
      Lock icon Flavours of East and West
      616 22  -  PaPrika Bistro's cuisine borders on incongruous mish-mash, but there is nonetheless hidden potential in each dish, says unn! ee JAIME EE WHEN you're stuck for a name for a restaurant, there's always one thing to fall back on name it after food. Lemongrass, marmalade, broth,
      616 words
    • Article
      Lock icon Winning cream puffs
      278 22  -  By* Jaime Ee WHAT has a cream puff got to do with a bearded papa and why is it called "pipin' hot" when they're sold cold and crispy? Nobody seems to be asking and nobody seems to care even as the next big trend after cinnamon buns
      278 words
    • Article, Illustration
      Lock icon Erotic menus for him and her
      547 22  -  Aphrodisiac's cool, quirky concept has potential bnt it needs to iron ont some fcinhg By Jaime Ee INDOCHINE'S gone from exotic to erotic with Aphrodisiac, its new restaurant designed to boost your libido or your calorie intake at the very least. Separated from its
      547 words
    • Article, Illustration
      Lock icon Hugh Grant reinvents boyish charms
      579 22  -  About a Boy predictably abandons qnirkiness for the approved morality, bat it's still a cat above its mnshy counterparts By Parvathi Nayar MANY years ago 1994 to be exact Hugh Grant introduced the unsuspecting world to his signature style in Four Weddings and a Funeral,
      579 words
    • Article, Illustration
      Lock icon New kids on the block
      475 22  -  By i Geoffrey Eu THE original Spy Kids movie endeared itself to audiences with an imaginative and gentle blend of family-oriented fun, fantasy and humour and its sequel Spy Kids 2: Island of Lost Dreams provides more of the same. While it's a formula without
      475 words
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  • PERSPECTIVE/COVER STORY
    • Article
      Lock icon The real challenge behind the Esplanade
      746 23  -  MJaathe cuff If the project fails, it won't be because building it was a mistake, it will be because of poor execution and management jaime ee LET me tell you a story, one you may or may not already know. In 1956, a Danish
      746 words
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      Lock icon CLIPPING WINGS
      1785 23 IT'S probably been a while since you've held a ticket like the one on the cover page your entry to a world filled with extra leg-room, real china plates and dolled up airport lounges. And if you are a senior executive who still enjoys the privilege of flying
      ARTHUR LEE  -  1,785 words
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      384 23 Complimentary BT aft the malls IF you're planning to eat out tomorrow, head for any food and beverage outlet at Tampines Mall, Cuppage Terrace, Funan IT Mall or Junction 8. A complimentary copy of The Business Times awaits you, courtesy of CapitaLand. Some suggestions at Tampines Mall: VI Km Er
      384 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      310 23 CttVFTIC CROSSWORD 1 Celebration for Father's T I JKA. 9 Small amounts put on hors- |B^. 10 A German assembly sup- tav jan Juliet's town is just not on for 14 Initially provided backing in 15 10 new start (2, 5) ■HHFf? HIHB 16 A second look at something? __BB__
      310 words
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  • Page 24 Advertisements
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      219 24 <" catmayPAcifx;WMSuvmo rmicor C0UP0N Travel and 1S3S L I >««•««* w -"\r mi °i controllable expense XT SGO 37AU SGD 18UY Sflk CBEAH UI-HOOM j g 0 Q fare rmo TO«WwA talks to some industry I 21SG Pcs m UNCK how companies can V 5IIG manage their travel M 4aqIt
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  • THE BUSINESS OF TIME
    • Article, Illustration
      Lock icon It's time again...
      606 25  -  for BT to bring you its annual watch supplement. Bigger than ever before, and we hope just as exciting. LARRY WEE unveils the treasures. LARRY WEE Despite the k troubled times I we live in, the I overwhelming I support of our J advertisers and friends has
      606 words
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      Lock icon Man behind the world's most complicated wristwatch
      1699 26  -  Over the span of more than a decade, one passionate individual has been commissioning the production of the world's most complicated watch. In an exclusive interview, collector extraordinaire Lord Arran talks to peter chomc about his love affair with very special timepieces PETER
      1,699 words
    • Article
      Lock icon Dos and don'ts in watch collecting
      338 26 Some invaluable advice from Lord Arran 1. If you want to collect mechanical watches, make sure you have a good watchmaker for repair and overhaul. 2. If you are not an expert, try to get one before you buy a vintage watch. 3. tf
      338 words
    • Article, Illustration
      Lock icon In the male domain
      1484 28  -  larry wee highlights dress watches for men with that touch of something more or less LARRY WEE IF you are searching for what purveyors of fine watches consider the epitome of minimalist style, this is the place to look. When writing this section, we set ourselves
      1,484 words
    • Article, Illustration
      Lock icon Where it all began for Officine Panerai for Officine Panerai
      1036 30  -  It s not yet among the top names of the watch world, but this small Milan-based firm is already making its more established rivals nervous, rsivamithy explains why R SIVANITHY BREAKING into the high-end watch business is virtually an impossibility
      1,036 words
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      Lock icon The complicated made easy
      646 32  -  larry wee explains some fascinating mechanisms that keep you in good time LARRY WEE Perpetual calendars Besides merely telling the time, perpetual calendar watches report the day of the week, the date, the month, and the phase of the moon from small sub-dials or windows set
      646 words
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      Lock icon The sporty types
      1101 34  -  You'll need to have a 200 mm wrist to wear some of these monsters, says larry wee LARRY WEE A WHOLE lot of these chunky watches are for those Arnie Terminator types out there, seriously. For some of these giants, we're talking 200 mm wrists. Minimum. Do
      1,101 words
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      Lock icon Time is of the essence
      1740 38  -  larry wee highlights some of this year s limited edition offerings worth rushing out for LARRY WEE WE tend to nag a bit about this every year. The trick with limited edition pieces is for the watch manufacture (French for manufacturer) to make an educated
      1,740 words
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      Lock icon New kids in town in town
      2317 40  -  larry wee gives a rundown of the latest brands to hit the Singapore market LARRY WEE ONE veteran from the industry described it to us this way: "It's always easy to sell the first 100 watches. The big worry is the 1,000 after that".
      2,317 words
    • Article, Illustration
      Lock icon Adventure in the Swiss mountains Swiss mountains
      2399 44  -  sutjahjo mcaserim finds himself lapsing into the occasional time-travelling reverie in the course of an eye-opening visit to the Chopard factory in Fleurier SUTJAHJO NGASERIN IT WAS a typical early April Zurich morning; nice, crisp, if still somewhat chilly. Although I had not
      2,399 words
    • Article, Illustration
      Lock icon Getting to know watches inside out
      1538 46  -  Long-time connoisseur thomasm delves into his library for a selection of books of interest to both would-be and advanced watch collectors THOMASM THE world of time-keeping in general, and mechanical watches in particular, is a fascinating and complex Field. The highly complex micromechanical systems,
      1,538 words
    • Article, Illustration
      Lock icon Just For Fun: A Quiz For Watch-Lovers
      333 48  -  by Larry Wee AS a little treat for our watch-loving readers, we thought it would be nice to offer all of you something nice in which to store and, if m wk necessary, transport, your time pieces. All will fit nicely into your
      333 words
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      Lock icon Leader, mentor and friend
      1079 50  -  TAYLIAM WEE pays a personal tribute to the late Gunter Blumlein TAY LIAM WEE The author is group managing director. Sincere Watch Ltd HE WAS perhaps one of the foremost leaders in his industry. His visions and strategies inspired the ultimate creations. As an engineer, he
      1,079 words
    • Article, Illustration
      Lock icon A joy forever
      1498 51  -  Whether encrusted with diamonds or covered with sub-dials, this dazzling array of women's watches are without doubt things of beauty, enthuses larry wee LARRY WEE THERE'S no shortage of really nice stuff for women this year, some of them so stunning when you actually get to see
      1,498 words
    • Article, Illustration
      Lock icon A passion for time
      1938 56  -  chuang peck ming finds out how Jonathan Tee turned his childhood fascination for watches into a thriving business in vintage and high-end timepieces CHUANG PECK MING THE boy could only be coaxed to sleep by the rhythmic tick-tocking of a clock. And at play, while others
      PHOTOS BY ARTHUR LEE  -  1,938 words
    • Article, Illustration
      Lock icon How to invest in time
      1339 58  -  CHUAMC PECK MING finds OUt from watch connoisseur Jonathan Tee about some collectibles worth investing in CHUANG PECK MING IF you're a complete novice when it comes to wristwatches and have a tidy sum to spend, you won't go wrong with a Rolex. advises watch
      PHOTOS BY ARTHUR LEE  -  1,339 words
    • Article, Illustration
      Lock icon Cool uses for hot chronos
      1372 60 MANY people have one. Few people really use it. And most people (still) do not know that it does a lot more than keep track of the few minutes which constitute the difference between spaghetti al dente and limp noodles. It's chrono time. At IWC,
      1,372 words
    • Article, Illustration
      Lock icon More than just Happy Diamonds
      2851 64  -  larry wee goes to the heart and soul of Chopard's move into haute de gamme men's timepieces LARRY WEE IT would have been easy to just ride on the coat-tails of their fabulously successful Happy Diamonds range. And for many of us, that's the image
      2,851 words
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      Lock icon A journey in time
      344 64 1860: Ix>uis-Ulysse Chopard (LUC) inaugurates his watchmaking company in Sonvilier. in Switzerland's Jura Mountains. By the early 20th century, his timepieces have made their debut in the court of Russia's Czar Nicholas 11. 1904: Karl Scheufele I starts making his own brand of watches, bearing the
      344 words
    • Article, Illustration
      Lock icon The Chopard CV
      174 66 KEY PERSONNEL Karl Scheufele: 64 years old, chairman and president of Chopard. Responsibilities: Finance and production Karin Scheufele (Karl's wife). Responsibilities: Order processing and in charge of German sister companies. Caroline Gruosi-Scheufele (Karl and Karin's daughter): Vice-president of Chopard. Responsibilities: Head of creation and design, communication and
      174 words
    • Article, Illustration
      Lock icon Complicated affairs
      2131 69  -  larry wee treads the extra mile that makers of high-end complications travel in creating masterpieces LARRY WEE AFFAIRS can be complicated things, but what we're really talking about here are watches that do a bit more than just tell the time. For newcomers, we have our usual little
      2,131 words
    • Article, Illustration
      Lock icon Paul Gerber: master watchmaker Paul Gerber: master watchmaker
      2025 72  -  Nice guy, soft-spoken, very down to earth. And, of course, a great watchmaker, thomasm discovers to his great delight that master of miniaturisation Paul Gerber is everything that his admirers say he is THOMASM IT IS rare that a person has such
      2,025 words
    • Article, Illustration
      Lock icon Soulmate and companion
      1274 75 For mycroft, wearers of sterile and aloof quartz watches can never quite experience the joy of living with a faithful mechanical THERE will always be this fierce debate among the horplogical community: quartz versus mechanicals; functional practicality versus art form and craftsmanship; and, finally, precision and accuracy
      Illustration by Ben Cruz  -  1,274 words
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      182 25 1 L.U.C A proud watchmaking tradition L.U.C 1860. Self-winding chronometer, double spring barrel LU.C "Twin" power-reserve of 65 hours 'j. it -i-V- Ja* V?' -V?. ">* --i- t' wv integrated rotor swan-neck regulating j JO "Poinqon de Geneve" quality hallmark X ASw chronometer certified w www.chopard.com coMection 6^ pxrUi^i wplw"hi
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      45 25 CONTENTS A complicated affair 'PAGE 2 Gentlemen's choice PAGE 4 Big, bold and sporty ■PAGES 10-11 Get it or it's gone PAGES 14-15 New, new, new PAGES 16-19 For the ladies PAGES 27-30 Making of an entrepreneur PAGES 32-35 The story of Chopard PAGES 40-42
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      81 27 I I ZENITH I SWISS WATCH MANUFACTURE I SINCE IH(> 5 I *81 ■rSggyA M W A -1- f t vt jorfl Class T Sm(j;ij) ort- p'te Lt(l Tel: 683? 91 ?7 or email: infoftvzenith-watches.com.sg H CORTINA: Raffles City G339 918!,. Paragon 62|5 0084 -iiff far_,'. '"v' ,o\, I SINCf.RF:
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      57 29 I I m W W*& IiwJH!&^? FP V^JPI I *£p*$Wk TAGHeuer I fy I IK T 'f T v Vy y II >Wt»8 M A 0 SINCE I860 I 3W -> i L I Kit "Pffi. 80UTIQUC MR ANN CUT <01 IT TCI: (65) (234 M7? < Pt*sa**l COfT Of
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      96 31 €B€L KiC^vW €B€L ■Vsa V ouTomonc X m m I f m ,mreMfißjftfe-'* JBEcaSSi^^ \\t Jl|- -I IM l^^lß^Sggg^Bßftig^^^^^^^^Bß^B /MR*' J>/-J7 *>«^^^^B^^Hi^B^BiSl h 'rs BB INTRODUCING THE NEW CHRONOGRAPH 191 I o u "ai -O «l EXCLUSIVELY AVAILABLE AT: E T "T^'„ m^ *****oa LUCKYnAZA Corf,*. W *****668 *****,39-RAfEIESCfTY o*n.
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      231 33 The Tourbillon Watch On the 7th of Messidor; }k/r 9 (June 26, 1801), the Ministry of the Interior of France awarded Breguet a f or a neu °f re B u^or called Tourbillon, whereby the entire escapement of Mhm yJL jj" watch movement was subjected to permanent regular rotation. Cancelling
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      54 34 I-RANCH MULLER YVATCHLANI) \f' I i m mm 2\ iRSMI S I P P P SINGAPORE I I imil (.11* MAI lIIi 1 ■J i i V— L— I L VALA > < I A .'.it j !RI M U '.I-; II I i 0 I 1- .i, r FRANCK
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      98 35 VINTAGE 1945 TOGRBILLON WITH THREE GOLD BRIDGES GP GIRARD-PERREGAUX MEMBWf DE L ASSOCIATION tNTEWnOFESStONNeLLE X LA HAUTftE HOf^OOETVe 1 'i Exclusive Distributor: BMI Service Centre Showroom: A division of F J Bei\jamin Singapore Pte Ltd 6B Orange Grove Road Tel: 6737 3786 Fax: 6737 7300 E-mail: sam.benjamin@fjb.com.sg F J BENJAMIN
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      65 37 Watchmaking ONCE AGAIN ever manufacturer t0 develop e Co-Axial escapement, redefining the basic principle of the mechanical watch which had remained unchanged for HfJ/ A over 200 years. This revolutionary escapement eliminates almost all friction and maintains over longer warranty Omega Singapore: 438 A Alexandra Road #05-03/04 Alexandra Technopark 5(*****7)
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      60 38 I I GLYCINE SWISS I I 1 1 sI I n I I 11 I 11 Ol 1 K I \s S GLYCINE v\ AIRMAN I lime ailst^ I o«i.na:ion 'P# Local >A I °°*s J* 01 la P tVo N w T rne at 2nd^^r <S 'm s &>
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      40 43 Buying Selling a WATCH? O) 1 v v< Go To l > www.passions.com.sg CALL 6334 2221 Fiinan IT Mall #01-33 Open Daily 12-Kpm Passions IMr 1 Id Wv Nh.mll It.mli m«. 2ml h.inri .<nh<|ii< hr.imltd walthrs. Kol« I'.ili V Onn Hi.
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      59 43 ULYSSE/NARDIN i I I I1 1 MV I I Y A I I 11 I 11 Ol! R lil \ss C;M I i'i RIM i u\i i i imi 111) i ni i io\ i t i M 4 I i 4 n I tf 4 i < i i
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      39 48 What even more golden than silence? Memovox Peaching beyond the fine horology, master-watchmakers combined a perpetual an alarm a note make <Jaeger-leCoultre» For your free copy of The Manufacture's Book of Timepieces. please contact us. jlc.singapore@richemont.com or visit www.mjtc.com
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      146 48 imm Wil li nl |1) Which of these watch-case and watch-winder brands i are sold in Singapore? a) Buben Zorweg b) Orbita c) Scatola del Tempo d) aH the above J I I. r 12) Name at least one watch retailer at which you spotted any of these brands on
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      55 49 BVLGARI w t£|s "jy A r Jrt'ifi V. t I The Re 11 ang o I o Chr on o wat c h Singapore Hilton Hotel Takashimaya Department Store Cortina at eh Dickson Watch Jewellery Sincere Fine Watches The Hour Glass Limited I wvv w. b u 1 g a
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      69 50 4MML WSBBBjI VfIKM F*i V i^y U^r ra f^HhM Ml B x^H^l Exclusive Distributor: BMI A division of F J Benjamin Singapore Pte Lid Tel: 6737 3786 Fax: 6737 7300 samix»jaminefjb.com.sg Available exclusively at. DELUXE EASTERN Centrepoint Tel; 6235 2536 THE NOUII CLASS Ngee Ann City Tel: 6734 2420 Raffles
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      127 50 HH -e* H J>. 12 VJP >«Mila I V L > *A iff! V^«P— *^L-»4^l Luminob Marina 44 mm y j? Hand-wound mechanical /^P^« Polished steel Commanding time... jySHjß®? Discovering its secrets, REVEALING THEM TO TRUE CONNOISSEURS. OFFICINE PANERAI: A WORKSHOP THAT TRANSFORMS IDEAS INTO WATCHES THAT DEFY TIME. PANERAI
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      68 51 RflDO i V t SINTRA CHRONOGRAPH f TOTALLY MADE OF HIGH-TECH CERAMICS I SCRATCHPROOF SAPPHIRE CRYSTAL TRIPLE SAFETY CLASP MADE OF TITANIUM Sole Distributor Main Service Centre: THE SWATCH GROUP SEA <S> PTE LTD i*s/- A.< /.v Hoa'i »05-0';/fJ4 Aio/an'ira Toohnopark Singapore Tel *****388 Fax *****896 m. City Service Centre:
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      228 52 k W R W KliiiTi Q 1 liteIl V |r 'i i f jfljßfer pHp JB World-record M. JttjgtMMjßk The Hydromax has been designed to ——< meet the most extreme deep-sea JBjßißsfe&il|fcM diving conditions. Tests performed in w» a hyperbaric tank have proved the Hydromax watch's resistance to a pressure
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      57 52 For those with instinct. Mm i jf^i 111 Hil|y ,k\ MA J J Masterpiece Calendrier Retrograde Handwind movement ML 76, case stainless steel, scratch resistant sapphire crystals (see through back), dial silver 925, water-resistant to 30m. www.mauricelacroix.com Sole Distributor DE SCO For more information, please contact S.A Desco (S) Pte
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      94 53 «5 ♦^RL)^ a a IflHH^| HRh^^K V/■ a. ri r jf \i IzAaiSMI l if:fm B.", 1 > v-- JE^' jpfW liW«V ">rV v 7 MB NS m B -4 vV »fl n, >>rr-_ |i- -m 1 j jyjl Ptjp Mffll I f v 9F if vB Jjyte Limited edition
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      196 54 I I /x\ I I JF* I I jgSB& EXCLUSIVELY FROM It is not often that one can reach out and touch an historical Resulting from an unprecedented competition among seven landmark. members of the prestigious Acad£mie Horlog£re des Cr£ateurs THE WO RLD'S FINEST ltiS eV6n OSS frequent t0 be
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      38 55 I ROGER DURUIS I horloger genevois I f I I 'f 0/* I s*** zLj Golden Square l:\clljsi\vl.y ill Yafriro I clcbm Le Icmps hir;i(|on ;<)() ()rdi;ml Koiid Simjiipnrr X'MttV) If,i i i (>(>(,} /r>j i} I (,/>/> s-'nqnc.cv*.--: ■m—————-.^- ;A/--
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      37 57 HHj H LONTONES fcWv, L L'elegance du temps depuis 1832 t% |.J LONGINES y LI E I m^j ft jMi A a c Hg|j 'V* >§2>? I Sole (S) PTE LTD Alexandra Plaza Tel: 6334 3717 SfHSBBMNH!
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      37 58 I sly t.t jSL 9^T§ COLLECTION 4^/i gr CHEW CHEONG WATCH CENTRE 6734 5096 6734 8461 6787 1703 h 6296 9998 A PRECIOUS TIME 6535 3008 6821 1108 WATCHES OF SWITZERLAND 6737 3708 6734 0928 6735 5415
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      257 59 y GLASHtJTTE X /8A "V/ 01 For the third time in a row, an A. Lange Sohne wins the "Technological Excellence" award. The Langematik Perpetual. 12f5 nU \.I.AN«KA SOHN^ The readers of the prestigious "Uhren-Magazin" have cast f H \\^P» their votes: When they chose "The world's finest i H
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      71 60 Jr,l v if kmm 'z&fi IP? Cape Land S STAINLESS STEEL AUTOMATIC CHRONOGRAPH CHRONOMETER OFFICIALLY CERTIFIED (COSC) WATER-RESISTANT TO 200 METERS www.baume-et-mercier.com I CHEW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH EMOTUS TIME CULTURE GASSAN WATCH T2 (SOUTH) PRECIOUS TIME ROY EASTERN WATCH ROYAL WATCH CENTRE SINCERE FINE WATCHES
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      169 60 WW. i MWfChronoswiss. Qfl «j 1 x J ((>rrii-R matter alt kmaLrr and founder o! CkftMKMfeit* in Muiikli fKiszination der •Meclianik O 44.0 mm. water-resistant l» 1(H) metres "The past inspiring the future. Noth i n sparks my pa»Jion more than putting the top down an J turning the key
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      95 61 <■ <>1 I 111 I il.lt K li' 11l W .ill I i 1 ■>!» •< i (ll *M'.'! Kill 'V N till 1 Cortina Millfnui VVolk 1.-l <~< .<«; I VS Clu.m !<•' o\U .hvS f\r,:,,,-• I.- cV3S 00S4 k\: 'Ui r\ 1,-1 Deluxe Eastern Gossan Watches !< u.'
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      63 62 F.RJOI'RNK l. oIIt"i" t i on SOLI V fc KAI N E In\ciill (i hvil V.S .'f:' V S •nS'W'S !'VS;' S;Y-\ Y.\ fi w /-n'W: S/VW: V\ .< :v.'\ W\ .tS S/ W U f'l k N V v..* lMSc\! .V :rv VS/f.UV;* .''V V 'V V 1 Dislntiiilioii
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      139 63 j Page Thirty-Nine 5 > Jhr 5 > n 11 it jl „•<' /JQyLjjuEKR llj q J2Ss2ssswp*L^2SyS^^K3^^^K\ Blm I Hn |Bl\ 4 vl? i«.fi; h<;-« j-.4 '7 h /v'i -*i i&xiif if:* J'fc.', ijfOW*? A# i 1/IW'^fwPi JPBX&^ftHWMH I B|| Bl fl B 818 fl 818 B B II Ik
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      102 65 /Js INSTRUMENTS FOR PROFESSIONALS gSfeBS" Breitling has a single-minded commitment to building MflK^ ultra-precise and ultra-reliable wrist instruments intended *^Mfc|,. for the most demanding professionals. Our obsession is quality. Our goal is performance. Day after day, we consistently enhance the sturdiness and functionality of our chronographs. And we submit all
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      27 66 WWW.MONTBLANC.COM i IS THAT YOU? B MONT I BLANC u 12 -D C o 5 MONTBLANC BOUTIOUES: CHANGI AIRPORT TERMINAL 2, NGEE ANN CITY, RAFFLES CITY, PARAGON.
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      92 66 You won't find our timepiece in THE F-1 CAR, but you will find it onboard THE F-117 JET. S 7 N> 11 12 IfV lot r» 10w 3P 2(B-» -GJ ,g 4 O" v 7 c 5 M >»•. < 9 The official timepiece for U S Navy SEALs and
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      97 67 rage rorry-1 ni *Time is precious when you don't have enough of it. JB s Blanc paiN MANUFACTURE DE HAUTE HORLOGERIE /5 P£Aifl APArOU, E H H D t korAfl £ro M 4 AO v' Vladimir Kramnik, Chess Champion. The world's thinnest /1/; ,29 3// y and only self-winding Tourbillon
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      101 68 1 -Jfl |S Introducing the new Concord Saratoga Wt^century of Concord craftsmanship. Its stainless-steel case is a masterpiece P er^ormance e dged design, with the Saratoga equestrian embossed on the case back. Its flawless, fluid curves are a testimony to timeless beauty and elegance a thoroughbred indeed. HimU*-rM The Concord
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      23 69 /ACHERON CONSTANTS I From time's finest art Royal Eagle Chronograph Service Centre: Richemont Luxury (Singapore) Pte Ltd (Wheelock Place) Tel: 6734 4986 www.vacheron-constantin.com
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      28 70 Eco-Drive. Powered by light. Any light. ©CITIZEN I-m i Sole distributor: (Z3 Sun Sing Trading (S) Pte Ltd Tel: 6841 3388 Fax: 6841 6155 www citizen com sg
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      274 71 N m I We care for men: take the Big Pilot's Watch, for instance. With a case measuring 46.2 mm in diameter and weighing in at 150g, mechanical movement with Pellaton automatic winding system and a seven-day power reserve. Ref. 5002 in stainless steel. Also available in platinum, in a
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      182 72 Manufacturer the Cjfworld's first and only i I hand wound mechanical HIM watc l w n< er TCM W I J B I*, it*.combination proven technology. BUBEN ft ZORWEG Time Mover Mobile Ml 19 K9 Available at: CORTINA WATCH CENTER (Raffles C.ty) Tel 6339 9185 SINCERE FINE WATCHES (Lucky Plaza
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      37 73 \to MUHLE Mm glashutte/sa J Selt 1869 Sly Hi 0 VXr I i j 1 Exclusive Distributor Euro Time Pte Ltd 350 Orchard Road #18-04 Shaw House Singapore *****8. Tel: 6238 1373 Fax: 6736 1123 Email: eurotime@eurotime.com.sg
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      44 74 I!I 3 I II Zodiac I S^* c V.'V- iL S Mk i »jil H W»^P^ §4 r i y ;-f 4rsjv> -nytr vrr^* -v :< 11 tt'l I" 111" '5" *-W v ,%»-»t ••**yifMa rV J| ''r:' r < 'j F r< t r~ M
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      39 75 ventura design on time I I CITIMEX I TEL:I6S) 6392 1268 FAX <65) 6392 1638 I EMAIL: citime* singnet.com sg Sincere Fine Watches Suntec City Tel: 6337 5150 Takashimaya Tel 6733 0618 Emotus Time Culture Takashimaya Tel 6835 2690
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      42 76 -i)! v I J, RESTORING COLLECTORS' TIMEPIECES. HANDCRAFTING NEW ONES. i lim-ulv .it Yafriro I C tlehrcr l.c Temps I'.il run'J.ilM I'n ml ujiK I'n.iM,,,, >,x h.ii.l K.,„l 111 J~ Ni, lt ;.i|>..R i.vSVJ i,n (il,| .(o (>~ 4S (.K.I v.ilrir. >< siiii;iiclAiini su
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  • SHIPPING TIMES
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      Lock icon DAILY FREIGHT
      279 77 Reuters THE Baltic Dry Index rose one point to 1,026, the Baltic Panamax gained three to 1,032, the Baltic Handymax fell 14 to 7,727 while the Baltic Capesize rose two points to 1,185. TXME-G&AB^EB: Pacific Prosperity, built 1998,*****5 dwt delivery Spain early September trip via Brazil redelivery Japan
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      Lock icon MARITIME STOCKS
      262 77 SCX IN •52 s$ *1- w CWT Distribution 0.74 until 0 Chuan Hup 0.45 0.01 1262 Cosco Investment 0.19 unch 562 Freight Links 0.05 unch 79 CBnoiaings —0.71 unch 3 J«Y« Holdings 0.24 unch 337 K»pp*l Corp 4.44 -0.14 1226 K«pp*l Marin* 0.16 unch 230 K«pp*l Ttit 1.00
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    • Article, Illustration
      Lock icon PSA Marine to buy stake in Aussie firm
      732 77  -  As7m deal will give S'pore firm access to Australia's offshore industry By\ Beth Jinks [SINGAPORE] PSA Marine will buy a 20 per cent stake in Australian-listed Mermaid Marine Australia Ltd, in a As 7 million (556.72 million) deal which gives the Singapore
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      Lock icon Ningbo port's exports at record high
      158 77 Oana-Xinhua [NINGBO] Ningbo port, one of the major ports in China, recorded a 35.5 per cent increase in exports to a record U556.37 billion during the first seven months of this year, customs figures show. According to statistics released by Ningbo Customs authority, the
      Oana-Xinhua  -  158 words
    • Article
      Lock icon AP Moller's shipping unit doubles H1 profits
      311 77  -  Bottomline boosted by forex gains; group warns of full year losses By] Donald Urquhart [SINGAPORE] Danish shipping, energy and industrial group, AP Moller said that after-tax earnings for its shipping operations more than doubled in the first half of the year due largely
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      Lock icon Charterer's maritime lien has priority over bank's mortgage
      771 78  -  ADMIRALTY CASEBOOK Owner of tug breaches charterparty and later defaults on its bank loan -By I Selva Kumar AUS appeals court has ruled that a maritime lien in a time charter attaches when the owner places the vessel at the charterer's disposal
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      Lock icon New York port to deepen waterway
      191 78 [SINGAPORE] The Port of New York and New Jersey will deepen a key waterway access to its major container terminals after receiving approval from the Army Corps of Engineers, the port authority announced. It will deepen a section of the Kill van Kull to
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      205 78 PACE Gemartrans 4 Avant 10 L"* W B tang Has 5 Glory Aav 10 BSA 6 H4n 9'' BSC to Hamtwrg-Sod 5 BTL 10 Heung-A 3 CMACGM 3 HubLine K> C0SC0 3 MUAL K> It Central Ex 4 Chahaya 10 ,n China Shpg 5 IndoguH 9 Confer
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      14617 82 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Vovage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 07/0* 07/10 UASC AL FARAHIOI C206W 65-*****4. To ABIDJAN (ABJ) 2003 Cot* D'lvoir* 09/09 03/10 China Shpg PENINSULAR BAY I90W (MUXM
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        668 87 Vessel VoyNo Berth Arrival Departure JURONG PORT BALTI SIRIUS V005 J7 A/SIDE 30/08 0800 CON QUEROR 14 J9 A/SIDE 30/08 2300 E LINK 3 2320 J4 A/SIDE 30/08 0630 NIC0 3 2908 J25 A/SIDE 30/08 0630 OCEANPHOENIX 6 J5 A/SIDE 30/08 0600 PRIMASAMUDRA PV299A J16 A/SIDE 30/08 0500
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      • Article
        Lock icon CONTAINER SCHEDULES
        1498 87 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vend Out In ftlh Berthing Un B«rth N«oe Voy Voy w>q NrtHf Nmbr AC* LILAC PCS Og I OMMOOQ2-1SOQ ACXMARGUCRI 008* 008N I 310OT002 1 7-00 010»20Q2<»00 aocrawis abn* 06/n i 3008*2002 07.00 jMJWoomuo n» AL ABDALI C197J CWt I 310B*****300 31 <******300
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        Lock icon GLOBAL HOLIDAYS
        180 87 Aug 31 Malaysia: National Day Philippines: Nat Heroes Day Sep 2 United States: Labour Day. Vietnam: National. Sep 3 Canada: Labour Day. Sep 15 Japan: Respect for-the Aged Day. Sep 20 Korea: Harvest Day. Sep 21 Korea: Harvest Day. Taiwan:Mid-Autumn Festival. Sep 22 Hong Kong: Mid-Autumn Festi val.
        180 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        813 87 THIS report, compiled by Cockett Ma nne 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 indi cated The Cockett Bunker Price Index change and
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        Lock icon VERITAS BUNKER QUALITY REPORT
        503 87 Carbon ISO Mai 988-6 0.3 15.2 0.09 38 0.03 M 23 Density Water Residue AjhAlumm.um Sediment No above E2S 0 0 1 0 0 0 380 Ave 984 1 0.3 15.1 0.06 27 0.02 two 380 Mai 990.6 1.8 18.3 0.11 82 0.06 WW! m/m m/m
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    • AIR & LAND transport
      • Article
        Lock icon US to limit overseas flights on Sept 11
        302 88 Security tightens around NT, Washington for Ist anniversary of hijack attacks Reuters [WASHINGTON] As part of stepped-up security for the one-year anniversary of the hijack attacks on the United States, the Bush administration plans to restrict international flights to and from New
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        Lock icon US Airways asks court to reject labour agreements
        370 88 It has not sealed deals with mechanics, fleet-service staff Reuters [NEW YORK] US Airways Group Inc has asked the court handling its Chapter 11 bankruptcy case for permission to cancel current labour agreements covering about 19,000 workers if it fails to negotiate
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      • Article
        Lock icon Vietnam Airlines to lease two new Boeing 777s
        349 88 US aerospace team visiting Vietnam on trade mission AP [HANOI, Vietnam] Stateowned Vietnam Airlines told a visiting US aerospace trade mission that it will lease two new Boeing 777 airplanes as part of its fleet expansion programme, a US official said. The
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      • LOG Book
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          Lock icon Airbus to hire more engineering staff
          123 88 AP [WICHITA, Kansas] European aircraft maker Airbus plans to expand its engineering facility in Wichita, more than doubling its staff over the next few months from the current 65 to more than 140. The Wichita engineering staff works on the wing design for the
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          Lock icon Bombardier's Q2 earnings down 65%
          123 88 Bloomberg [MONTREAL] Bombardier Inc, the world's third-biggest maker of commercial aircraft, said second-quarter earnings fell 65 per cent as an economic slowdown in the US cut demand for Learjets and other corporate airplanes. Net income in the period ended Jan 31 fell to C 5101.4
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        Lock icon US won't delay deadline on cockpit doors
        217 88 Bloomberg [WASHINGTON] US aviation regulators have no plans to delay an April deadline for carriers to replace airline cockpit doors with stronger models to deter hijackers. "There is an April 9.2003 deadline that is a firm deadline," Federal Aviation Administration spokeswoman Alison Duquette
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        Lock icon EVA Airways returns to profit
        192 88 AFP (TAIPEI) Taiwan's second largest airline EVA Air ways said yesterday it returned to the black in the six months to June as the aviation industry started recovering from last year's slump. The airline posted a net profit of NTS76O million (5538.76 million), compared with
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        Lock icon Tiger' Branson bares his teeth at Macquarie Bank
        333 88 It failed to honour deal on Sydney terminal, he says AFP [HOBART. Australia] Dressed as a Tasmanian tiger. Virgin boss Richard Branson bared his teeth yesterday in his Australian air line's increasingly bitter fight with Sydney airport for terminal space. On a
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        Lock icon AIRCRAFT ARRIVALS AND DEPERTURES
        1203 88 CITY FLIGHT £T* FLIGHT £TD LM9767 0635 SO 32 6 123 MfiaiOa LN9770 2230 5025 0635 BA7357 225 S0229 2230 '445 0F5 221 Amtardatn S023 0605 KL83B 2225 GA975 1025 SO 36 2345 lH778 1555 N7457S 23C *1837 KW W45r8 1555 *****8 23C S***** 1555 LH9763
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      74 77 WMnHM«I» M. mm KM MiltiilM Nkni Mmiv pint pnM BACKPAGE .BACKPAGE can toii-fm isoo 28* 8822 General Manager j Senior Manager Required by Petroships, operating a modern fleet of clean petroleum tankers. Candidates should have some sea-going experience in a senior position. If you want to grow in an environment
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      465 77 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE SOC SHIPMENTS REVISION OF EMERGENCY BUNKER SURCHARGE Members of the Feeder Operators Grouping reviewed the bunker prices for the past months and wish to inform the trade that the Emergency Bunker Surcharge (EBS) will be revised to the following levels for all
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      620 78 I TO USA/CANADA EXPORT I I OTHER DESTINATIONS I Ivissa I VOT IKG In* S» LONG EACH DALLAS HOUSTON I wwnts IOKAGO iHWram TO AUSTRALIA (AUSTRALIA ASIA EXPRFSSI 1 00(1 AMEMCA 43E35 27/0. 78/01 13/W 1776T mT~ 11/W TVOT" THALIA ASIA EXPRESS) OOQCAIJfOMU 4543* 03/W 04/W 20/W 24/W 2S/W 25/W
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      104 78 WORLDGATE EXPRESS UNES PTE LTD I 18 Cecil Street, *16-03/04, Bangkok Bank Building, S'pore *****6 Tel: *****911 Fax: *****073/*****863 Email: wgate@mbox2.singnetcom.sg WEBSITE: http://www. worldgate. com. sg WEEKLY FCL LCL SERVICE TtTFOLLOWiNG PORTS swniHmm at |~Tlßgf 55— »ou««iPo® Sjj— ifMy JI4S HONG KONG/emm Ql/'QW Q? 09 Si &Sn (HfTTAGONG/DHAU nrm SL
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      623 78 line services represented by em^ers e 9' i,r y Members of (f»e '\&j' ccr ®d ted Shipping Agents, Singapore Logistics Singapore Shipping Association Association CONTAINERS/ CONVENTIONAL CARGO 'O* TO*T KLANC/SMGAfOtE/iAKAJTU I IANCKOC »><r ETA PH. KTA SIN ETAMALK Prtarumi Lih U7UJ TO at US itnq use si in 21 in
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      1058 79 TO EUROPE FROM EUROPE vcsa wrlaw rtm aim ham pry sob uh |[vbsb j vor ran am ham ntv sou w sm HYKXTUK 310W 02/09 JO/09 22/09 24/09 11/09 HTRDBUL 3301 10/D0 12/H 14/0000/003|/gg Aft MM IO3W 05/09 25/09 27/09 23/09 API 0» 10ft 14/08 It/0112/01 03/09 aaMitGmTY oww o»/o9
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      1755 79 KjJIHfDIRECT CALL TO COLOMBO 4 DAY^ GtNEtJU AG(NTS M SMGAPOOI M tOOMSON 10 #17-00 SAUS lIGS lIL *****157/43 i.. 47UU71/J4I t UHI J COSTAR SHIPPING PTE LTD SWCAra(i W,M oumuo i/u mmSiV unsmm awhii;i;ifoooo« m.*??*iomomw d /01 mms/w *****319/49 I BANDAR ABBAS 12 DAYS who* s wfKi <££mm JSSSU, SKBS
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      692 79 K^ESESi3^^HBBBS3 VDSti VOY PKG SIN PGU HKG SUA PUS INC VESS€L VOY[S^|Ht!^^l^^ KMK HONGKONG 2IIN 27/8 W/1 W/» 1/9 4/9 6/9 10/9 ACXVIOLET ~046N 2U 78/1 30/8 KMTCICEEIUWG 217W 3/9 4/9 S/9 8/9 11/9 13/9 17/9 ACX MARGUERITE 008N 31/8 49 j 6/9 KMTC UISAn 212N 10/9 11/9 12/9 IS/9
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      1161 80 HMJIFHYUNDAI MERCHANT MARINE CO., LTD. H«ap.|i: nnm.i—2l,.— a pp IftM^toooQH iwna voy soi sou i« rim ant hip mv I fvtssa voy sou L£M I »T* I «T I HA* I »V r MT GOERAL J39W 19/00 10/»9 04/09 04/09 01/09 MX INTEGRITY 000W 07/ M 03/00 It/07 10/07 M/u
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      1028 80 WAN HAJ UNES (S) PTE LTD \am\WAN HAI LINES ]7] 11-11 UIILJ ~*w»^wiosij47lMW,H.W.77»swh*«<>4.77%4« ***wHIWDML*7)81 0*71 HM IH. (Oil) CTMfi Ml (*****7*7714 *****05 1 www.wonhoi.iom.tg *TlH»2l|i7S4l«»Al(ni|S7i«/MfUIIB./IU«/7IUil HUL7I4J74 IiIYA ffll i Ak Ifl. Ik iw' bk nft) Kwm ®7? him* mm own kw ~j?£ X ®5 f® Imni7l7 m* *w tow n«
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      707 80 W SJ d J'/, I WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS wsstl VOT SIN P KLANG (01OMIO N. SHIVA '(010*40 tOWI lIIDCf OOS/W M Mil 31 Mil 4AUO /AUG lOAUC lOitwrwm imm Taug omut omit Ii& auc iuug *o*o >AttOW 07fS II MIC
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      1026 81 IRISL, Ikjutgmi) Urn i)dm IfflikMHeist)? duam&ipihi oeiiftsfs) mj Jt/jtwyzjlh (Mil off (fa? £te> fiwtk]i/j(°] [p&fonite Sod Quwiiii cas w/®M (&> @Jh&> G&moQiiiteg ifai i)(h® (fagitesV ififejtmft) Mma* AGENT IM SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SMOSE MARITIME PTE LTD CR N0 **********0H BOUSTEAD SHIPPING AGENCIES SON. BHD. PT. SINOSE
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      600 81 wZf^m UK CONTINENT SERVICE Loadngtor PANDORA P RDM/ATW/BMN/UK/NAN MAKRA RDM/ATW/BMN/UK/NAN Loads Sngapote. E7W. Mataysa. Indonaaa MIDDLE-EAST SERVICE Loading for MARINE UNIVERSAL II DBI/ABU/DOH/BRN/DMM/KWT AFRICA D6I/ABU/DOH/BRN/DMM/KWT FATMA ANA ADN/JDH/AQA/TRP HANDY ESPERANCE JDH/AQA EXPLORER S DBl/ABU/DOH/BRN/DMM/KWT HANDY DRAGON DBl/ABU/DOH/BRN/DMM/KWT "Loads Singapore EVW Matayaa, Indonesia USA SERVICE Loadng lor MED INTEGRITY CAM/NFK/SAV/NOL YOU
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      869 81 Sfffi jfil H P6O JfQI Ml jf m UKD* S&Sj M/M g<y H/w M/W EftHS? mi OS/OO 07/ M PACUS* nt! pkmmaii iui BUB 11 /m w/w os/oo 1 I_PACJAU_ im jyw *BI an P* Yissn m in f* 9*Z9? hoiamaju Ml oi/w os/m BKISKH MMIW— I*/W «nnmi gg M
      869 words
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      130 82 I feKYOWA LINE |V«I |*T Mm \Pmmm |o»—.[ In—»c| Trwk I" "lie—wmm |M^wr^] Al Abdoli CI97E" 31/08 17/09 OMIT 27/09 29/09 30/09 Al Abdoli CI97E" 31/08 17/09 30/09 Al Abdoli CI97E" 31/08 ~f9709 25/09 26/09 AlAbdali CI97E" 31/08 15/09 24/09 25/09 27/09 29/09 Al Mutonobbi CI9BE 07/09 19/09 25/09 26/09
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      289 82 U CWT globeunk pte ltd OfcVW OFFICES IN TEL:*****833 (36 LINES) FAX:*****742 M SYDNtYMt LBOUKNC HNANG K>*T KtLANG PASIB GUDANG KUCHING BANGKOK KARACHI BOMBAY I NEW Dfl HI COLOMBO HO CHI MINH CITY-HAIPHONG HANOI-BB[ M£ N- HAMBURG TIANJIN QINGDAO SHANGHAI XIAMIN FUZHOU DALIAN XIAN BIIJINGSHI JIA ZHUANG EAST MELmEIiIiAKEAIs! fl
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      249 82 BSA x teflk MYANMA |HBk FIVE STAR UNE (Myaurar NafiMd Um) loodhf f« Y«|m VOT SIN PU PEN PGU (MM sum HAW S4W SU> PAGAN VJOtW SO IN MALAYSIA: lOUSTEAO SNIPPING AGENCIES »UL 03-*****300 Ptl: 03-317*101 POfc 04-7****** i«| BANK LINE (A Mfvkt •< Aadrtw Wtir Skippiaj) NORTHBOUND TO EUROPE
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      92 85 FL PaAYAiMW 1 KALIMANTAN 1 DIRECT WEEKLY SERVICE TO 1 JAKARTA/PAIiMRAMG/DUMAJ I "»"> I M I 1 |r-Ml>6 |pwm «*OMMiia« ti/tt 11/1 w/t Jfn~ i I iaowuimh i fj/ij is/* h7» IAfIMUMJtim II /M U/» H/» ~ff7t M SURAIAYA/PANJANG '""I I»n Ml ISW PM T Icj WAG* |H/i; 3i/» IS7»
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      106 85 FULL CONTAINER SERVICE SIN PASIR QUDANQ SIN DAILY SAILINGS [VESSEL IVOY ETA PC DAY VDV ETA SW[ DAY PROGRESS XSX 30/Q6/02 FW 2653W 3MM/Q2 SAT GOLDEN STAR 1557S 3MM/Q2 SAT 1557N 01 TO TO SUN WWXWtSS 2654S 01/09/02 SUW 2654W 02/09/02 MOW WU*H?W_iaK tt/W/02 MOW 1556W 03/08/02 nT~ PROGRESS *****S
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      82 85 ITASntI IOMDmGFOt 30 AUG DOHA, DUBAI, DAMNUM 4 SEPT COLOMBO, TUT I, MUMftAI 5 SEPT YANOON, CHITTAGOHG 10 SEPT RED SEA, MED PORT WooMy Contoiiioi Sarvic* to Colombo, Al hdon Port» and P. GuN PHOENIX SHIPPING <rmi.ro monthly break bulk service to southern afwca AND MOtAN OCEAN ISLANDS VESSEL NAME
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      59 85 ETA ETD LOAOMGPOR JUN 3 31A16/3002 31/06/2002 PHNOM PENH A VUNQTAU TROPICAL ROSE OS/00/2002 08/09/2002 PHNOM PENH JUN 3 23/08/3002 2SAM/2002 SIHANOUK VILLE (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD 51 ANSON ROAD MW-S3 ANSON CENTRE SMGAPOfIE 0207 TEL «*****07«*****a TLX R*****0 FAX «22«07»S CB WO
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      100 85 5= ESP LINES WtW WKKIY IQ SIKVKI TO LAGOS vissa SAUNG rvar thuksmt 10W6 tVHT WED AT KPffl WTML CONVENTIONAL/MEAKBUU SItVKI [USUI UMMKFOt WW X W 700" DUUI OAMMAM moigitm no> wti mm mmmmmjimiak nMtwv sro« til tnuai f/a »7nn»; PI US IB; *****33 FUL *****01 ACT 1H: 4ttS77i fUL
      100 words
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      669 86 flj||JED3SDni|2 ram pi'illl.flMMlliiiiaii TlG€t ISLAND 309* 03-04/09 1012/W 17 11/W I neapwi oiom mi/W I*IS/W TMI/W I TIGER IRIOGf 01 IN 10-11/09 1719/09 7+7S/W I TI6OISHAR* OI7N 1314/W 7072/W 77 71/W I _n6aisujjo__oi3N i7ii/w ?4-7*/w oiot/io I I" vnsfi vot sni^^^cal^^sn^l reSTsOS 50? 03 03/09 PI TtoTm I AtHlfVa 341
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      851 86 VESSEL NAME VOY SMGAPORL PORT KEUNG ORTTAGONG MONGU Ett ETD FTA ETD m EID OCURR 09N033 MR 31/ M 01/09 01/09 04/09 09/09 I O'NUS TUE M/W X/W M 09 09/09 13/09 1 momma mu» fri ot/w 07/09 07/09 10/09 ~TsTw"— PC HONOUR 07N046 WON 09/09 10/09 10, 09 14/09
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      922 86 I /ih. |PDZ LINES I I SWGAWK: TOWG JOO mi »/JC5i n44 3i/oo anw 2155 03/w|a«Nc JSt L*!* 8 /w stiAK nn 09/09 pwßsgQK ijrfii gw~ SS-4nr'y mjjZW I GBOW nn Q4/09 aw 2iS4 lams IfiTSm—^T~ Sr-%7 ff" r* -g!L"/w ww «4?_j|Z|j__6ai*ii no n/09 Ltßsswi mi 00/oo «Moa ims m/w
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      168 86 &WIMSBM Mp[ ;11-d- d i: icxm' 7 B BREAKBULK 4k CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI IVBSa I VOTAg iwsmwti mmuuoi~| [fadw I U7HW IS/W/0? 02/10/Q? I asw> ip/to/m 7210/07 SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon Rood *17-07/06 Apw Towv, Singapore *****3 Talaplton*: 6270 0977 \J| FocMmfe: 6275
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      127 87 TT?E LEGEND: Issued by Meteorological Services Division, NEA R Thunderstorm A Showers Rain emperature c p/ Wind direction and speed in knots Weather Cloudy Day C T^ l j 32y Sea Conditions Wind speed symbols I 1 O Full circle w/o line indicates calm or light and variable winds <
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