The Business Times, 10 August 2001

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MtTA (P) 107/03/2001 I Internet: http://business-times.asial.com.sg/ SINGAPORE FRIDAY, AUGUST 10, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    60 1 STOCK MAIKET DIS1CES Itanradagr Gbaiige KLSECOaiP -4.73 NIKKEI 225 H.7MM -Mil HANGSENG 11,***** -24L24 SET INDEX ***** U2 JAKARTA COMP _4M.» -1L83 MANILA COMP 40.01 TAIPEI WPI 4,***** -HS6 SEOUL COMP 449.67 -1117 SHENZHEN B maa MI* AUSTAULORD p«&2 +14 J BOMBAY INDEX _U19J1 +17.29 Noon EST Change
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  • Article
    Lock icon FINANCE
    77 1 FOtEZ BATES US$ St USS (SS per US$) L77I £(USS/SSper£) L4M SJ14 BUBO(USS/S$/E) 9JSIi LKS dm tm 1m YEN 12SJ Ml RM um 1149 HKS im 4J93 BAHT 46.4? 25.61 RDPIAH U1S U4« •SStolOOtmiU FUME BATES SINGAPORE* 6.80 KLiALA LUMPUR 7.S7 JAKARTA an BANGKOK lit MANILA 11.00 HONGKONG 8.56
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  • Article
    Lock icon Megawati picks business savvy Cabinet
    1155 1  -  Bat short honeymoon seen as economics team get on with IMF programme By Yang Razali Kassim [JAKARTA] The Indonesian rupiah tested 9,000 to the US dollar yesterday before retreating on profit-taking as the markets took stock of President Megawati Sukarnoputri's new business-friendly Cabinet. The currency
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  • Article
    Lock icon MAS said to be cracking whip on 30% car rule
    587 1  -  BTI^IIULUJ Used-car dealers among those touting low downpayments Byi Christopher Tan [SINGAPOREJ The motor industry is rife with talk that the Monetary Authority of Singapore (MAS) is cracking the whip to reinforce its 30 per cent downpayment requirement. The ruling,
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  • Article, Illustration
    Lock icon Becoming a world-class hub-city
    204 1  -  By Ling Su Ann [SINGAPORE] Last night's National Day celebrations saw a proud display of Singapore's youth and shared values and its aspiration to become a '.'world-class hub-city". After the early ceremonies that featured marching contingents and precision drill teams, a darkened sky by 7.20 pm
    LAU FOOK KONG/ST  -  204 words
  • Article
    Lock icon Foreign banks scramble for retail clients
    742 1  -  BTTSTamm They are aiming to capitalise on expected fallout from load bank mergers By Ling Su Ann [SINGAPORE] Taking advantage of the confusion sparked by impending local bank mergers, foreign banks have been stepping up their push to grab a larger slice of Singapore's
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      Lock icon Page 1 Advertisements Column 1
      110 1 nisiPß Top Stories Sino-Japan trade ties look set to worsen in coming months. Next Pmgm S'pore GDP: official growth forecast likely to be cut again. Mmxt Pmgm July US import prices clock biggest fall in 8-1/2 years. Pg 11 Koizumi unveils drastic plans to cut spending. Pg 11 Hock I
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      47 1 The Economics Team Coordinating minister for economy: DOROJATU* nwouuun Finance minister: BUDfIOMO Trade and industry minister: waawawumn State Minister for National Development Planning/ Bappenas chief: kwudamqeb State Minister for State-Owned Enterprises: MWUIMMI SPWIim Mega's 'A' in econs, Pg 6 Roonemiw minister is a diplomatic choice, Pg 7
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      91 1 L k Cross the world H in one elegant i movement 4 I (f ——Duo I The Reverso Duo owes I its intriguing double life to o single oompliooted I] movement, the kind of I] unique creation that the I Reverso has inspired for I over six ty years.Our watchmakers
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  • NEXT page
    • Article
      Lock icon Sino-Japan trade ties look set to worsen in coming months
      862 2  -  Japan is moiling further curbs even as bilateral commerce hits record levels in the first half From Anthony Rowley in Tokyo FRICTION between Japan and China over trade and economic issues appears certain to mount in the coming months as
      862 words
    • ON THE grapevine
      • Article
        Lock icon Wall Street—the bull's case
        89 2 ADVISORY service Marathon Strategic News believes the US will see a consumer-led recovery in the fourth quarter. "Consumers are still robustly purchasing homes, automobiles and retail goods," it says. "Inflation is falling and commodity goods have fallen 12 per cent since the beginning of the year.
        89 words
      • Article
        Lock icon Wall Street—the bear's case
        100 2 Wall Street —the bear's case IN contrast to Marathon's view, The Peter Dag Portfolio says: "Daily trading volume on the NYSE has fallen to about one billion shares, not enough to take it to higher ground. It takes at least 1.3 billion shares every day for several weeks to send
        100 words
    • Article
      Lock icon Official growth forecast likely to be cut again
      680 2  -  Even upbeat SG Securities sees S'pore economy contracting this year By Anna Teo [SINGAPORE] Will the Ministry of Trade and Industry cut for the third time the official growth forecast for the year when it releases the second-quarter Economic Survey of Singapore
      680 words
    • Article
      Lock icon M'sia debt arbitrator now empowered to push revamps
      526 2  -  CDRC can impose haircuts; gains punitive powers too From Eddie Toh in Kuala Lumpur MALAYSIA'S debt arbitration panel will now have more clout to ask bankers and shareholders of distressed companies to accept "haircuts", proceed with workout plans without unanimous consent from
      526 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Electronics slump will lead to weaker results: SingTech
      473 3  -  It launches study to map out long-term potential of various business units By David Boey SINGAPORE Technologies said it raked in earnings of $424 million in 2000 some three times FY1999 profits but warned that it expects to turn in "significantly weaker
      473 words
    • Article, Illustration
      Lock icon HSH to change its name to Stamford Land Corp
      309 3  -  By Vince Chong MAINBOARD-LISTED Hai Sun Hup (HSH) will change its name to Stamford Land Corporation in October, following a restructuring effort to reposition itself as a global property and shipping firm. Chairman Ow Chio Kiat told BT that the name
      FILE PHOTO  -  309 words
    • Article
      Lock icon Air NZ calls for decision on SIA bid
      273 3 AFP [BRISBANE] Air New Zealand yesterday called for Canberra and Wellington to rule by the end of the month on Singapore Airlines' bid for an increased stake in the cash-strapped New Zealand airline. Gary Toomey, chief executive of Air New Zealand and
      AFP  -  273 words
    • Article
      Lock icon Allcom Tech H1 earnings fall 61%
      175 3 Turnover surges 82% but gross profit margin slips ELECTRONIC components distributor Allcom Technologies yesterday reported a 61 per cent slump in first-half net profit to $1.27 million as margins shrank and operating costs rose. Turnover surged 82 per cent to $163.5 million for the
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    • Article
      Lock icon Will hedge funds become a nightmare on Wall Street?
      851 3  -  HOCKfffW?BH*W anthony rowley HEDGE funds were blamed by some as being agents of Asia's 1997 currency crisis. And so great was the outrage in some quarters, such as Malaysia, that governments and multilateral institutions banded together to devise controls over their
      851 words
    • Article
      Lock icon Aussie experts attack SingTel bid on national TV
      393 3 Security will be compromised if Optus sold: defence experts AP, Reuters [CANBERRA] The Australian media frenzy against Singapore Telecom's takeover bid for Cable Wireless Optus continued on late Wednesday as television station ABC broadcast a programme in which participants warned against military
      AP,; Reuters  -  393 words
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      112 3 g; JM A 8 3el loudspeaker! 2 may just T best I loudspeaker j in the world v c nnrrrra TnnnHr Lrfeslyle Music System Home Cinema Hi-Fi Separates 541 Ordnrdßoad*liatlb»<wi *734 3113 |5 JeS^^Y 1 K^r t %^r I V| j j h f hj y ins fc ■fIM HI
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Making a difference by being different
      776 4  -  Guided by its pioneering spirit SMU has done well in building credible core of staff and research tie-ups as well as increased applications for places, the head of the university tells om RACHEL ONG HOW different is different? Right from the start, Singapore Management
      FILE PHOTO  -  776 words
    • Article
      Lock icon SE Asia bank reforms urgent: Morgan
      404 5  -  China is dominating global FDI flows; South-east Asia will lose ont unless it purges NPLs By Eugene Low THE rise of China as an economic power is making it more urgent for some South-east Asian countries to reform their banks and to purge non-performing
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    • Article
      Lock icon Puzzling why OCBC offer is still conditional
      333 5  -  Teo Tat Beng Singapore I WOULD like to share two interesting observations on OCBC's takeover offer for Keppel Capital Holdings (KCH). Firstly, while OCBC vice-chairman and chief executive Alex Au may be happy about the above-90 per cent acceptance level from KCH shareholders
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    • Article
      Lock icon Don't judge DBS so harshly
      294 5  -  mail ran Paul Loh Singapore I REFER to your article "DBS management has not lost control: Dhana" by Angela Tan (BT, Aug 7). I read with interest the challenges made by minority shareholders at the recent extraordinary general meeting of DBS. They complained about the
      294 words
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      294 4 J i yS^I FORTIS SPACEMATIC GMT TRAVEUERS AND OTHERS APPRECIATE GMT WATCHES NOWADAYS DUE TO THIS FEATURE OF A SECOND TIME ZONE, WHICH ALSO INDICATES THE ACTUAL LOCAL TIME IN ADDITION TO THE WEARER'S HOME TIME. THE SECOND TIME ZONE IS INDICATED BY ITS OWN HAND WITH A RED HEAD
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      186 4 NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF EASI-CONNECT PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act (Chapter 50) that a meeting ot the creditors of the abovenamed company will be held at
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      265 4 THE COMPANIES ACT (CAP. 30) S-TRIPTELTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of S-TRI PTE LTD duly convened and held at 108 Middle Road #07-01 Bnght Chambers Singapore *****7 on Friday. 77 July 2001 at 10.00 a.m. ihe following special resolution was duly passed
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      638 4 Notices BALANCE SHEETS INCOME STATEMENTS (BANKING ACCOUNTS) (BANKING ACCOUNTS) of Dscsmbr 31,1999 and 2000) (for the year tndsd Dumber 31,1999 and 2000) 2000 1999 2000 1999 In Millions) In Millions) (in Millions) (in Millions) Korsin Won Korsan Won Korean Won Korean Won Assets Interest income: Cash and due from banks
      638 words
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      558 4 M THE MATTER OF THE COMPARES ACT (CHAPTO 80) AND M THE MATTER Of YAN SUN ENGINEERING A CONSTRUCTION PTE LTD (In Mambara' Voluntary Liquidation) Al an Extraoronary QanarM Maabng of toa Mwvanamad Company July cotvanad and hald m 101-A Uppar &oa» Swat #11-22 Paopto* Park Cantra, Singapore *****6 on
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      180 5 global FRANCHISING2OOI )ii r H 21 Seotember 2001 Stngtpon InfrntOonei Convention I ExMbition Centre (Surmc) 150 Business Opportunities! Asa's most international franchise event brings you over 1X top-notefi fmtchaes from 18 countries. With a huge selection of brand names from a wide range of industries. has something to suit your
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      116 5 w f j I "No olher system is built to High standards' 4 lifwlyW Music System Horn* Cinwno Hi-Fi Separates 541 OrcKardßoad 'UafWi ******13 Since our 275 multi disciplined professionals JP 1 j including lawyers chartered accountants wj a K chartered secretaries and bankers have 1 f provided confidential and
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Are we in the midst of yet another bubble?
      835 6  -  Ml 'T'i i wiJB33B OPINION robert samuelson The Washington Post Writers Group IT MAY be that the US stock market is still overvalued, even after a year of losses that have left all the major indexes trading well below their historical
      The Washington Post Writers Group  -  835 words
    • Article
      Lock icon IN OTHER WORDS
      64 6 'We don't have capital punishment, and this is a way to bypass that' -QaHaCMaa an Israeli peace activist, on Prime Minister Ariel Sharon's policy Of sending the army to kill specific Palestinian leaders. 'National missile defence is the most expensive possible response to the least likely threat
      64 words
    • Article
      Lock icon A time to unite—and overcome
      590 6 A time to unite —and overcome EDITORIAL Singaporeans were out in full force yesterday to celebrate 36 years of nationhood, which is unfortunately tinged with the gloom of recession this year. Still, they temporarily put aside their worries about the economic downturn to watch the National Day Parade, an annual
      590 words
    • Article, Illustration
      Lock icon Mega's 'A' in economics
      1336 6  -  She's chosen people well-known and generally highly regarded in business circles to fill the key economics and finance posts By, James Castle The writer is founder of the Castle Asia consultancy and president of the American Chamber of Commerce in Indonesia SHE may have spent more
      AP, REUTERS  -  1,336 words
    • Article
      Lock icon Nowhere to run, nowhere to hide
      933 6  -  COMMEMTABY HSBC is taking hits on all sides By Patrick Smith The writer is a former Bloomberg correspondent in Asia and the author of' Japan: A Reinterpretation The opinions expressed are his own. Bloomberg WHERE now for Hong Kong's biggest bank? There's another way
      Bloomberg  -  933 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Philippines may consider fixed rate for peso
      566 7 Arroyo says 'fundamental value' of the peso should be 50 to the US dollar Bloomberg, AFX [KUALA LUMPUR] Philippines President Gloria Arroyo said the government may consider a fixed exchange rate for the peso, Asia's worst-performing currency in the past six months. Ms
      Bloomberg,; AFX; AP  -  566 words
    • Article
      Lock icon New economics minister is a diplomatic choice
      416 7 INDONESIA'S NEW ECONOMIC CHIEFS He is expected to thaw frosty ties with foreign creditors Reuters, Dow Jones NewsWires [JAKARTA] Indonesia's new Chief Economics Minister Dorodjatun Kuntjoro-Jakti will be expected to use his finely-honed skills in diplomacy to thaw frosty relations with international creditors
      Reuters,; Dow Jones NewsWires  -  416 words
    • Article
      Lock icon Manila raises banks' reserve ratios again
      156 7 MANILA Bloomberg THE Philippine central bank increased the amount of deposits banks must set aside as reserves for a second time in two weeks as it tries to stem the peso's slide, governor Rafael Buenaventura said. The bank raised commercial banks' required cash reserves
      Bloomberg  -  156 words
    • Article
      Lock icon Finance minister Budiono a respected technocrat
      284 7 JAKARTA Reuters INDONESIA'S new finance minister, Budiono, may have emerged as a last-minute contender for the powerful post, but his appointment should come as no surprise. The respected technocrat's strong banking background and cool head are an ideal combination for the pressure-cooker job of
      Reuters  -  284 words
    • Article, Illustration
      Lock icon Exports is top priority for new trade minister
      260 7 JAKARTA Reuters NEW Indonesian Trade and Industry Minister Rini Suwandhi said yesterday that boosting exports would be her main priority after a flattening in growth over the First six months of the year "The most important thing is to boost exports to
      Reuters; AP  -  260 words
    • LATEBriefs
      • Article
        Lock icon Thai govt drops '97 baht defence probe
        102 8 Bloomberg [BANGKOK] Thailand's central hank dropped an investigation of former officials, including three governors, involved in a failed currency defence in 1807, said Pridiyathorn Devakula, governor of the Bank of Thailand. Among those who wont face further disciplinary action are former central bank
        Bloomberg  -  102 words
      • Article
        Lock icon KL firm to buy, lease back MAS planes
        76 8 AFP [KUALA LUMPUR] Kuala Lumpur is to set up a company to buy Malaysia Airline's aircraft and lease them back to the carrier to help it recover from its losses, a report said yesterday. The company, to be called Syarikat Aircraft Leasing,
        AFP  -  76 words
      • Article
        Lock icon Mahathir leaves for Europe
        75 8 AFX [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad has left for Europe on a private visit, prior to an official visit to Yemen, a senior official said. Hie official declined to reveal which European country or countries the premier would visit Dr Mahathir is to visit
        AFX  -  75 words
      • Article
        Lock icon Over 36m Indonesians underemployed
        52 8 AFP [JAKARTA] Indonesia has an estimated 36 million people who are unemployed or underemployed, a report said yesterday. Syukur Sato, secretary-general of die All-Indonesia Labour Union Confederation, was quoted by the Media Indonesia daily as saying that of the 36 million, some &8 million were totally
        AFP  -  52 words
      • Article
        Lock icon Jakarta to delay sale of state firms
        73 8 Reuters [JAKARTA] Indonesia's new state enterprises minister yesterday said the government would shelve plana to sell stakes in about a dozen state firms and instead focus on divesting part of its ownership in lucrative telecoms entities. While the move is likely to burden
        Reuters  -  73 words
    • Article
      Lock icon Tata seeks prosecution of 6 former executives
      439 9 BOMBAY It accuses them of unauthorised diversion of funds from Tata Finance to a subsidiary FT TATA, one of India's biggest conglomerates, is seeking the criminal prosecution of six former executives whose unauthorised diversion of millions of rupees led to a "black hole"
      FT  -  439 words
    • ASIANotes
      • Article
        Lock icon Biggest rally in China B shares in 5 mths
        101 9 Bloomberg [SHANGHAI] China's foreign-currency stock indices yesterday had their biggest rallies in five months. The Shanghai B Share Index rose 9.7 per cent to 159.97 points, its biggest gain since March 5. Shenzhen's B Share Index rose 9.2 pa* cent to
        Bloomberg  -  101 words
      • Article
        Lock icon HK to revise 2001 GDP forecast
        54 9 Reuters [HONG KONG] The Hong Kong government is poised to revise the territory's 2001 growth forecast. "At the end of August, we will announce a new figure," Financial Secretary Antony Leung said yesterday, when asked about a recent spate of forecast downgrades by banks
        Reuters  -  54 words
      • Article
        Lock icon Swire Pacific H1 profit down 7.1%
        68 9 Reuters [HONG KONG] Swire Pacific said yesterday its first-half net profit fell 7.1 pa* cent to HK$2.4l billion (*****.5 million) from a year ago due to the global economic slowdown. Noting no sign of recovery in the global economy, Swire chairman James Hughes-Hallett said:
        Reuters  -  68 words
      • Article
        Lock icon Five die in China factory collapse
        74 9 Reuters [BEIJINGI Five people died and eight, not dozens, were missing after a factory collapsed into a tidal river in eastern China, local officials said yesterday. Some state media suspected a higher toll. But officials denied local newspaper reports which said 100 people remained
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      • Article
        Lock icon Enron ready to sell Dabhol in India
        62 9 Reuters [BOMBAY] US energy giant Enron Corp is ready to sell its stake in troubled Indian unit Dabhol Power Co for at least US$l billion, a spokesman for the venture said yesterday. Dabhol, in Maharashtra, is locked in a bitter dispute with its
        Reuters  -  62 words
    • Article
      Lock icon No need for immediate rate cut says RBI governor Bimal Jalan
      312 9 NEW DELHI Reuters, Dow Jones Newswires RESERVE Bank of India (RBI) governor Bimal Jalan said yesterday there was no need for an immediate rate cut but added the central bank would cut rates if the economy required. "There is
      Reuters,; Dow Jones Newswires  -  312 words
    • Article
      Lock icon Changyu, Castel to develop new wines
      223 9 Bloomberg [YANTAI, China] Yantai Changyu Wine Group Co, China's biggest wine producer, said it will team up with France's Castel Group to develop premium wines to compete against foreign vintners as tariff barriers against imports drop. China is expected to lower tariffs on wines
      Bloomberg  -  223 words
    • Article
      Lock icon Dresdner's Asian equities ops to be cut
      495 9 HONGKONG 350 lose jobs after closures in HK, India, Korea, M'sia, S'pore and Taiwan Bloomberg ALLIANZ AG, which paid US$2O billion to buy Dresdner Bank AG last month, will close the Asian equities operations of Dresdner Kleinwort Wasserstein in six countries, firing 350
      Bloomberg  -  495 words
    • Article
      Lock icon China's factory production growth slows for 4th month
      215 9 Reuters [BEIJING] China's industrial production growth slowed for a fourth month in July as a cooling global economy curbed foreign demand for Chinese products. Production grew 8.1 per cent from a year earlier to 220 billion yuan (Ss47 billion), the National Bureau
      Reuters  -  215 words
    • Article
      Lock icon Guangxia woes spark fear among its shareholders
      525 8 SHANGHAI Jinghong mutual fond, Jinling investment firm two of those affected Reuters CONCERN over a regulatory probe into alleged falsified earnings at a Chinese biochemical firm mounted yesterday as investors bailed out of a mutual fund, fearing a "ticking time bomb" in its
      Reuters  -  525 words
    • Article
      Lock icon YHS M'sia gets nod to buy S'pore parent's assets
      252 8  -  Eestructuring plan started 2 jears ago dears last hurdle From Diana Oon Abdullah in Kuala Lumpur FOOD and beverage maker Yeo Hiap Seng Malaysia yesterday cleared the final hurdle to complete its proposed takeover of its Singapore parent's assets, wrapping up
      252 words
    • Article
      Lock icon CMS to keep bank, brokerage units separate
      219 8  -  From, Diana Oon Abdullah in Kuala Lumpur EAST Malaysian conglomerate Cahaya Mata Sarawak (CMS) intends to keep its stockbroking and banking units separate, group chief executive Sulaiman Abdul Rahman Taib said yesterday. He also said the management of K&N Kenanga, a KLbased brokerage,
      219 words
    • Article
      Lock icon TV3 to undergo debt revamp under new management
      354 8  -  Move comes after withdrawal of white knight Simpletech From Eddie Toh in Kuala Lumpur SISTEM Televisyen Malaysia the broadcasting arm of Malaysian Resources Corporation Berhad (MRCB) will undergo a new debt-restruc-turing exercise under a new management. The company, more commonly known as
      354 words
  • FINANCE
    • Article
      Lock icon Weaker cash market ends futures' rally
      233 7  -  HSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks fell as investors were unable to find comfort in the country's poor economic showing of late. At the close yesterday, the MSCI Taiwan Stock Index fell 3.74 points, or 1.76 per cent, to 208.17, with
      233 words
    • Article
      Lock icon CURRENCY REPORT
      260 7 Reuters London THE US dollar fell to its lowest in over three months against the Swiss franc and set one week troughs against the euro yesterday as a weak survey by the (JS Federal Reserve stoked concerns about the US economy. The Fed's beige book report on Wednesday
      Reuters  -  260 words
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      279 7 T DPA32R DA J "More than :us) o tap ck»i preamplifier" J X J i Tnnnnr j LiJeslyie Music System Home Cinema Hi-fi Separates 1 541 Orchard Road tic* Wi *734 3113 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of HONG SANG IMPOST EXPORT
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  • Article
    Lock icon COMMODITIES
    1464 8 MIMIMPIITUmai Aug 8 CJOM VMM Om i)> in S«tt gmm Iwtowt Sn 103.50 ft 105.50 NavOI 106J0 OK 107SH BS3C00T0ACT(U$caats/hD Mw 0— I— ,lrtt ft—m) Manst SOI 58.00 5100 57.75 225 *75 58.00 2125 ljw« 5825 2200 5825 2475 T50 20 POO CONTRACT (US cafe/hi) *|MM Om J0£ Uw
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  • Article
    Lock icon STOCKS asia
    6165 9 HONG KONG I Global Tech 3.00 unch 0 V«4 Golden Dragon 0.74 unch 0 HK$ rooo) GoMwiz Holdings 0.58 -0.05 912 Great Eagle 10.00 -OK) 1047 AcrossAsia Multimedia 1.78 -0.12 0 Greet Wall Cyber 0.IS unch 2300 Alpha Ganaral 0.03 unch JSOO Guangdong Brewery 0.41 0.04 1250 AmoyProp
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      616 9 AvantGarde 'WpiorrDVTO* j^™»an V fcW ownji mm 1 '<»» Lifestyle Music System Horn* Cinema Hi-fi S<pcMutci 1 £41 Orr4wr4 BaatJ 1 T T\A 0111 I Notices FORM 69(3) NOTICE OF INTENDED PREFERENTIAL PAYMENT Name o( Company: Quantum M&E Engineering Services Pte Lid (In Liquidation) Address of Registered Office: c/o The
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  • WORLD news
    • Article
      Lock icon GM asks Bush admin to rethink strong US$ policy
      613 10 TRAVERSE CITY, Michigan Key US exporters complain of erosion in competitive edge dne to the currency NYT JOHN M Devine, the chief financial officer of General Motors, said on Wednesday that the strength of the US dollar continues to hurt US
      NYT  -  613 words
    • Article
      Lock icon Goldman requires analysts to comply with new standards
      430 10 NEW YORK They will be required to disclose positions in firms they cover Bloomberg GOLDMAN Sachs Group Inc will require its 310 equity analysts to disclose positions in companies they cover, stopping short of limits on stock ownership placed on researchers by
      Bloomberg  -  430 words
    • Article
      Lock icon Tokyo suspends Citibank branch
      226 10 TOKYO Reuters JAPAN'S top financial regulator yesterday ordered the local branch of Citibank, a unit of Citigroup Inc, to suspend business at one division for about a week for breaking the law to help clients hide losses. The Financial Services Agency (FSA) said it had told
      Reuters  -  226 words
    • Article
      Lock icon 3.4t yen of Japan bank loans turn bad
      169 10 TOKYO Bloomberg THE asset quality of Japanese banks is deteriorating as more loans become non-per-forming and interest margins remain inadequate, Standard Poor's (SAP) said -in a report on Wednesday. During the six months ended March, 3.4 trillion yen (5548.9 billion) in major
      Bloomberg  -  169 words
    • Article
      Lock icon US slowdown spreading beyond manufacturing: Fed
      505 11 WASHINGTON Properly, services, transportation sectors also affected LAT TROUBLE in the US manufacturing sector spread to other parts of the economy during June and July, the Federal Reserve reported on Wednesday. The report revived fears that the nation is losing its battle to stay
      LAT  -  505 words
    • LATEBriefs
      • Article
        Lock icon Japan's top telco's stocks plunge
        144 11 Reuters [TOKYO] Japan's top four telecom stocks nosedived yesterday losing nearly two trillion yen (Ss29 billion) in market value on renewed concern over valuations after a major brokerage revised its price targets. Nikko Salomon Smith Barney cut its target prices for Nippon Telegraph and Telephone
        Reuters  -  144 words
      • Article
        Lock icon Bayer to cut 1,800 jobs worldwide
        89 11 Reuters [FRANKFURT] Bayer AG said yesterday it planned to cut 1300 jobs worldwide and close 15 plants as part of a restructuring programme. A large part erf" the revamp would affect foreign units, including its US unit Bayer Corp. It also planned to save
        Reuters  -  89 words
      • Article
        Lock icon Commerzbank's q2 profit plunges
        63 11 Reuters [FRANKFURT] Germany's Commerzbank AG reported a sharp drop in Q2 profit yesterday, blaming poor global markets and surging costs, and launched a hiring freeze and cost cuts to keep expenses in check. Q2 net profit fell 44 per cent from Ql to 94 million euros
        Reuters  -  63 words
      • Article
        Lock icon Solectron to acquire C-MAC
        95 11 Reuters [NEW YORK] Solectron Corp, has agreed to acquire Canada's C-MAC Industries Inc for US$2.7 billkm in stock, the Wall Street Journal reported in its online edition yesterday. Both boards have approved the transaction, and an announcement is expected, it said. Solectron will offer 1.755 of
        Reuters  -  95 words
      • Article
        Lock icon HP reduces prices in Europe
        80 11 Bloomberg [LONDON] Hewlett-Packard Co is cutting the price of its handheld computers by as much as 20 per cent in Europe to try to lure buyers ofPsion Pic computers after the UK rival said it would stop making the devices. HP said it cut the
        Bloomberg  -  80 words
      • Article
        Lock icon Seoul cuts key rate
        59 11 Bloomberg [SEOUL] Korea's central bank cut its key interest rate a quarter percentage point for a second month, saying the economy needs relief from a sharper-than-expected drop in exports, investment and factory production. The Bank of Korea lowered the benchmark call rate, charged to commercial banks
        Bloomberg  -  59 words
      • Article
        Lock icon Daewoo Motor to be split
        69 11 AFP [SEOUL] South Korea has decided to split Daewoo Motor Co and sell only the worthwhile part of the ailing automaker to General Motors Corp, a newspaper report said yesterday. Hie government and creditors of Daewoo Motor will not sell Daewoo Motor's main but old
        AFP  -  69 words
      • Article
        Lock icon Nasdaq changes June 29 high/low prices
        71 11 AP [NEW YORK] The Nasdaq Stock Market is rhanglng the high and low prices for June 29 far dozens of its stocks, another adjustment needed folio wing a trading outage that day. The Nasdaq is correcting that day's high prices for ill stocks and
        AP  -  71 words
      • Article
        Lock icon Korea Telecom H1 profit down
        56 11 Bloomberg [SEOUL] Korea Telecom Corp's first-half profit fell 28 per cent as the nation's largest telecommunications company spent more on high-speed Internet equipment and booked a charge for buying a cellular-phone company. Net income fell to 427 billion won (SssBe million) from 596 billion won
        Bloomberg  -  56 words
      • Article
        Lock icon Nationwide to buy Provident Mutual
        69 11 Bloomberg [COLUMBUS, Ohio] Nationwide Financial Services Inc, the No 6 publicly traded US life insurer, will buy Provident Mutual Life Insurance Co for US$l.56 billion from its policyholders to boost life insurance sales and grow assets. The acquisition will broaden Nationwide Financial's business and give
        Bloomberg  -  69 words
      • Article
        Lock icon Aetna's q2 profit drops
        57 11 AP [HARTFORD, Connecticut] Second-quarter net profits at Aetna Inc plunged 94 per cent as the nation's largest health insurer confronted rising medical costs. The results fell well short of Wall Street's expectations. For the three months ended June 30, it earned US$lO.6 million, down from U*****.6
        AP  -  57 words
    • Article
      Lock icon July US import prices clock biggest fall in 8½ years
      512 11 WASHINGTON L 6% drop is 3X that forecast; petroleum, cars, consumer goods led decline Bloomberg PRICES of US imported goods and materials registered their biggest fall in Bv* years in July a sign inflation is contained. The 1.6 per cent
      Bloomberg  -  512 words
    • Article
      Lock icon Gateway may pull out of European, Asian markets
      389 11 SAN DIEGO Move may lead to firing of 2,500 workers, says CEO Bloomberg GATEWAY Inc is considering pulling out of European and Asian markets, reducing in-house manufacturing and ending build-to-order personal computer options for consumers, steps aimed at returning to profitability. Exiting
      Bloomberg  -  389 words
    • Article
      Lock icon H2 growth outlook uncertain, says ECB
      262 11 FRANKFURT Reuters, AFP THE European Central Bank (ECB) yesterday acknowledged the outlook for euro zone growth in the second half of the year was now uncertain, but reiterated that current interest rates were appropriate to maintain price stability. "Real gross domestic product growth in
      Reuters,; AFP  -  262 words
    • Article, Illustration
      Lock icon Koizumi unveils drastic plans to cut spending
      544 11 TOKYO Public works take big hit in 3t yen of cuts in draft Budget AFP A GOVERNMENT council headed by Prime Minister Junichiro Koizumi unveiled record spending cuts yesterday in the first concrete Budget proposals to emerge from Japan's popular new leader. Deep
      AFP  -  544 words
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      879 10 WING TAI HOLDINGS LIMITED 0 (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held on 31 August 2001 at 9.30 a.m. at 107 Tampines Road Singapore *****9 for the purpose of considering and,
      879 words
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      1144 11 «{£> ■tfaMEMmMDI (tec»rp*rat*4 la tfcc RapMk *f Stegapere) 4 Benoi Place, Singapore *****5 Tel: 861 0667 897 8082 Fax: 861 1960 897 8081 NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Seng Engineering Ltd ("the Company*) will be held at Raffles Country Club. Albatross Room. 450 Jalan
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  • e NEWS
    • Article
      Lock icon Net workers want respite from taxes on phantom gains
      506 12 They want Congress to free them from USslb mUxes on stock that's plunged Bloomberg [WASHINGTON] Internet and technology workers who thought they'd become millionaires from options in their start-up companies now want Congress to free them from more than US$l billion
      Bloomberg  -  506 words
    • Article
      Lock icon Dataquest sees semicon sales plunging 26% this year
      279 12 I SAN JOSE, California Demand for computers and cell phones yet to pick up Bloomberg SEMICONDUCTOR sales worldwide will plunge 26 per cent this year, more than previously expected, because demand for computers and cell phones hasn't picked up yet, market researcher
      Bloomberg  -  279 words
    • Article
      Lock icon Sunday's net losses narrow to HK$114m
      420 12  -  It cites improved operating margins, &11 in finance costs From< Audrey Tan in Hong Kong SUNDAY Communications, which is interested in bidding for a 3G licence in Singapore, said yesterday that its net losses have narrowed by 59 per cent to HKJII4 million (Ss26
      420 words
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      932 12 Notices IN TH* HIGH COUtTW THEREPURUCOFSIMGAPONE Originating Summons No *****0 of 2001 In ihe MalMr of Section 73 of ihe Companies Act (Cap. 50) And In the Matter of SINGAPORE AIRUNES LIMITED (tC No. *****0078R) NOTICf Of ADVFmVMFMT NOTICE IS HEREBY GIVEN that an Originating Summons No. *****0 of 2001
      932 words
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      Lock icon Page 12 Advertisements Column 2
      556 12 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CRAVINGS PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the member* of the abovenamed Company duly convened and held at 100 Jalan Laban Singapore *****0 on the 7" day
      556 words
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      781 12 IN THE MATTER Of THE COMPANIES ACT. CAP. 50 [Section 290(2Kb|] AND IN THE MATTER Of VITRAP PTE LTD (In Members' Voluntary liquidation) NOTICE Of RESOLUTIONS At an Exlroordinory General Meeting of the Company Held or *th Floor Yu Han Corporation S wilding, 49-6 Daebong-dong. Donjafa-gu, Seoul on the 6th
      781 words
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      646 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND ANDY BENSON COMPANY (PRIVATE) LIMITED (In Menken' Voluntary Winding Up) At an Extraordinary General Meeting of the Company held at IS Beach Road, *03-10 Beach Centre, Singapore *****7 on the 7th day of Aaguit 2001 at 10.00 a.at„ the following
      646 words
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      604 12 IN THE MATTER Of THE COMPANIES ACT, CAP. SO (ISadiot. 290(7Mb)) AND IN THE MATTB OF SPIES HECKEN (S) PTE LTD lb! AAambars' Voluntary liquidation) Nona of REsoumoNs At on Extraordinary Gonarol Mooting of the Company hold at 1 Mnritimo Sauarw *07-01 Worti Tmdo Centre SineopereomS3 on *o 3rd day
      604 words
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      Lock icon Page 12 Advertisements Column 6
      393 12 CAMOO ASIA PTE LTD (IN MEMBERS" VOLUNTARY LIQUIDATION) NOTICI B HHDY GIVEN THAT A PINAL GE.NESAL MUTING Of THE COMPANY WILL HELD ON T» 10" DAY OP aCTUOHL 2001 XT 9.OOAJL KT 10 MS CHIANG ROAD *18-00 KKPML TOWERS SINGAPORE 0*9319 FOR THE FOLLOWING PURPOSE: 1 To consider die Liquidaors
      393 words
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  • CINEMA
    • Article, Illustration
      Lock icon Monkey see, monkey kill
      831 13  -  'Planet of the Apes'boasts groat special effects but the plot development and dialogue fall to watfii the 1968 film- All the same, it's still mindlessly entertaining Byi Geoffrey Eu PLANET of the Apes, Tim Burton's big-budget remake of the 1968 sci-fl cult classic, is one small
      831 words
    • Article, Illustration
      Lock icon Angel Eyes fails to light up
      561 13  -  There's promise of edgy stuff bat the film does not capitalise on this Bu\ Parvathi Nayar THE plot is something that must have looked so good as a concept strangers with violent and troubled pasts meet amidst urban violence and find a connection. Throw
      561 words
    • Article
      Lock icon Sentimentality that agrees with viewers
      370 13  -  Deft handling by its director makes Tears of the Black Tiger' work By\ Susan Taang TEARS of the Black Tiger (Fa Talai Jone) is billed as the first post-modern Thai film, but it is much friendlier to think of it as the Thai version of
      370 words
    • Article, Illustration
      Lock icon REEL bits
      1363 13  -  By Susan Taang THE age of the dinosaurs is beginning to draw to a close in our cinemas. Jurassic Park 111 is making way for Planet of the Apes, and various Chinese stories about cops and killers. A film featuring a cop, which bucks the trend towards mindless
      1,363 words
    • Article
      Lock icon Enquiries and bookings
      84 13 Cathay Causeway Point 787 1588 Orchard *****74 Cathay Movie Una 235 1155 IngVtah Empreas *****87 JubMaa 454 1840 Suntac *****74 Sun Plaza 753 1047 Toa Payoh 251 1370 WeatMaM *****30 Qolcton VilliQt 24-hr easy booking: 1900*12-1234 Btshart Boon Lay Eastpomt Grand Martna Plaza Tampines Hong Bahru Ytshun
      84 words
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  • PEOPLE
    • Article, Illustration
      Lock icon Fairy tale, Singapore-style
      765 14  -  gives an insider look at the all-weekend wedding bash of Arthur Tay and Sharon Tock that was the talk of the town recently GEOFFREY EU IT may only be August, but 'tis the season to be married. This being Singapore, where auspicious calendar dates and chandeliered hotel
      PHOTOS BY GEOFFREY EU AND LEO SIMON  -  765 words
  • EPICURE
    • Article, Illustration
      Lock icon Susur returns with new twists
      731 14  -  jaime EE has no trouble polishing off all his four courses. A result of Chef Lee's reverse dining concept? JAIME EE SUSUR Lee—the Tung Lok Group's erstwhile Chinese-Canadian wonder boy who first thrilled local palates a few years ago by cookingfoiegrtis Chinese style—is back in
      RICHARD CHNG  -  731 words
    • Article, Illustration
      Lock icon Subtle Arabian flavours
      658 14  -  RESTAURANT What's pleasing is that Al-Hamra is much hfinlthifir thaa most K-E cuisine W Tan Hwee Hwee UNLESS you're the type of tourist who enjoys dodging bombs, shells, anti-aircraft missiles and other things that explode violently, you're unlikely to have visited Beirut and savoured authentic Lebanese cuisine.
      RICHARD CHNG  -  658 words
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  • PURSUITS
    • Article, Illustration
      Lock icon A boutique for arms aficionados
      670 15  -  For the Lara Croft or Samurai wannabes, check out Caesars, a gallery that specialises in replicas of violent gear, says tam hweb hwhb TAN HWEE HWEE EVER fantasised about swinging the Excalibur or blasting someone to smithereens with a duelling pistol? Arms aficionados should check
      ARTHUR LEE  -  670 words
  • Page 15 Advertisements
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      709 15 EEKD A Y Set Lunch $9-?o yayaa MMU Mon French Onion Boup Seafood Skewer Tim Cream Of Mushroom/Pork Ri> Wed Clear Vegetable Soup/Beef Goulash Thu Seafood Qumbo/Pork Ptocato Frl Cream Of Tomato I Fleh Of The Day French Bistro, Cory Ambience. Oyster, Salmon, Escargot Apple Pie Reasonable Price Friendly Services.
      709 words
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      Lock icon Page 15 Advertisements Column 2
      110 15 French Bistro, Cozy Ambience. Specialties: Oyster, Salmon Escargot Reasonable Price Friendly Services. Rsvn: 835 0238 Specialists' Shpg Ctr. #02-38 (6rchard Rd, Somerset MRT) §361 DIAN XIN AT THE NEPTUNE Enjoy excellent dian xin served on a trolley for lunch. Lunch: 11:50 am 2:50 pm (Mondays Saturdays) 10:50 am 2:50 pm
      110 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      319 15 CRYPTIC CROSSWORD ACROSS 5 Last pairs In Labour emerge for 1 One who triee, within certain Km- (4) its (7, 5) 6 Resolved a danger hara in the 9 Treasure, that could make soma Wast Indies (7) richer, is hidden (7) 7 Liking after some experience, 10 First day cover?
      319 words
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  • STYLE/BIZ WOMAN
    • Article, Illustration
      Lock icon Confident Belle strides in
      705 16  -  to give the fashion-conscious more choices, reports CORINNE KERK SHE'S an impossibly tall, thin, chic-looking girl with flaming cheeks and a handbag and dachshund in tow. She wants to be the authority on lifestyle shopping and "every woman's must-do and must-haves—namely clothes and makeup". Her name
      705 words
    • Article, Illustration
      Lock icon What's on the shelves?
      332 16 SO, what labels can we expect to see at the new Belle store? Here is a sampling: FASHION A ACCESSORIES Marc by Mare Jacobs: This is Jacobs' second attempt at a lower-priced line, after his Marc Jacobs Look closed in the US. But he-who-also-designs-for-Louis Vuitton is
      332 words
    • Article, Illustration
      Lock icon It's in the BAG
      413 16  -  By Corinne Kerk Carder's latest collection is set to please, especially its eye-catching hsndhsgs SHINY, bold and elegant that basically sums up Cartier's Fall/Winter collection, which was unveiled in Singapore last week. The most eye-catching items this season are undoubtedly the handbags where pearly feathers and
      413 words
  • Page 16 Advertisements
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      61 16 CARAN d ACHE OF SWITZERLAND ECRIDOR COLLECTION MAKE YOUR MARK 4 I Sole Distributor: SILVAROYAL PRIVATE LIMITED 27 LoyangWay Singapore *****8 Caran d'Ache corner and service centre £03-10/11 Wbeelock Place Tel. 238 6678 Caran d Ache is available at Takashimaya Dept Store (Level 3),ma|or bookstores, speciality watch and pen stores
      61 words
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  • PERSPECTIVE
    • Article
      Lock icon Have a happy birthday, Singapore
      808 17  -  OFFnrrrmf There are many reasons for loving yon. Bnt as it is with any relationship, the path of love is not always smooth. What keeps it going is a sound foundation and yes, a sense of hnmonr helps too jaime ee DEAR Singapore, How do
      808 words
    • Article, Illustration
      Lock icon At the cutting edge in diamonds trade
      1373 17  -  Charles Chan tells oobdiiib here how Larry Jewelry found a niche in Singapore CORINNE KERK WITH its old blue carpeting, plastic flowers and 80s-style furniture, Charles Chan's office looks like a set from one of those old Hong Kong television series. But beyond
      CHRIS LOH  -  1,373 words
  • Page 17 Advertisements
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      53 17 GALLERY IffO* 1 iiK*c( iciu'iiitioiisol lApcrit iuc Since h)l» J-» On li.inl lii Mil *> i)| ,si s "i p' n fj 11«• II <* I In 11 i 111 ii ili < 11 <-1 i i< I sr. jr.i «> tV < hiiu'sc Um ks )i| \n I likiii^liihii
      53 words
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  • EXECUTIVELifestyle
    • Article, Illustration
      Lock icon Haute jewellery hasn't lost its shine
      1694 18  -  COVER STORY Sales may be slowing in the jewellery market but players in the highend segment remain unfazed, reports CORINNE KERK CORINNE KERK UR industry is in a very different position others," says Ho Nai Chuen, president W J of the Singapore Jewellers Association
      1,694 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      173 19 Reuters THE Baltic Dry Index (BDI) fell six points to 1,001, the Baltic Panamax Index (BPI) lost 13 points to 922, the Baltic Handymax Index (BHI) shed 23 points to 7,966 and the Baltic Capesize Index (BCD was down three points to 1,190. TIXE-CHARTERi ♦Eastern Queen (built 1994)
      Reuters  -  173 words
    • Article
      Lock icon MARITIME STOCKS
      248 19 nmM-B- *m» HI CWTWstrtbuWon 0.55 003 0 CnuanHup 0.32 uneti 0 Cosco Immiiunt 022 unci* 0 ftmmumu o.oe o.oi o OIHoMngc (LSI -0.01 0 WC HoMlngs-HK 5.60 uncti 0 JayaHoMngs 0.16 unch 0 KopptfCorp 352 -AM 0 KoppolFCLS LSI 0.23 0 mwiiturvw 0.19 o.oi o KoppolToM 1.02 uncti
      248 words
    • Article, Illustration
      Lock icon Terrorist threat at Colombo port may push insurance up
      445 19 Sri Tjinke rlaggifio^ as war risk zone after Tamil Tiger attack at airport last month AFP, Reuters, Lloyd's List, Kyodo News, Times of India [SINGAPORE) Trade-depen-dent Sri Lanka is reeling after international underwriters classified the island state as a war risk
      AFP,; Reuters,; Lloyd's List,; Kyodo News,; Times of India; AFP  -  445 words
    • Article
      Lock icon ITF extends drive in Irish Sea
      169 19 [SINGAPORE] The International Transport Workers' Federation (ITF) has extended its action against seafarer wage discrimination in the Irish Sea after uncovering more cases. The week-long exercise will continue for a further week following the success of the operation, which the ITF claims resulted in
      169 words
    • Article, Illustration
      Lock icon Keppel yard to hand over TyCom cableship this month
      262 19  -  By] Donald Urquhart [SINGAPORE] US-based broadband communication provider TyCom Ltd will take delivery of its first cable laying and repair vessel from Keppel Hitachi Zosen shipyard by end August The purpose-built cableship is the first of two vessels ordered in April
      262 words
    • Article
      Lock icon US Coast Guard searching for hit-and-run vessel
      308 19 Three killed alter ship rammed and sank fishing trawler off US East Coast AFP [BOSTON] The US Coast Guard is "committing tremendous resources" in its search for the vessel that smashed and sank a fishing trawler off the US East Coast, killing three
      AFP  -  308 words
    • Article
      Lock icon Two merchant ships adrift off Aussie coast
      162 19 Reuters [SYDNEY] Two ships have broken down in Australian waters, with the larger of the two being buffeted by treacherous conditions in Bass Strait. The 44,000 deadweight tonne container ship MoersA Tacoma lost power in heavy seas in Bass Strait andatow vonel was
      Reuters  -  162 words
    • Article
      Lock icon PSA handling more beef exports from Down Under
      210 19  -  By Beth Jinks [SINGAPORE] PSA Corporation has experienced a miniboom in refrigerated transport volumes over the past few months, thanks to increases in meat exports from Australia. Driven by a trade shift prompted by the European epidemic of foot and mouth disease,
      210 words
    • SHIPPING news
      • Article
        Lock icon Wrongful death due to negligence is actionable under general maritime law
        732 20  -  ADMIRALTY CASEBOOK Catting off the law's remedy at the death of the iqjnred person is a striking departure from basic principles of the law of remedies. By Selva Kumar THE US Supreme Court has held that there is no
        732 words
      • Article, Illustration
        Lock icon Bosphorus dosed for passage of behemoth
        82 20 AFP [ISTANBUL] The Saipem 7000, a giant construction ship, passing the city of Istanbul in the background as it began its passage through the Bosphorus guided by pilot boats. Sea traffic was halted for the passage of the vessel which completed its journey through
        AFP  -  82 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      261 20 PAOC Ato** 10 Awml* S Assets S Austral 6 Avant 10 rtangMas 6 BSA 7 BSC 9 BTl 10 Bal* 4 Batanando 9 Bayswater 10 COM 7 CMACGM 3 C0SC0 3 t Central Ei 6 Chahaya 10 ChmaSliM 5 Confer 10 Confess S>99 10 Cotony Log 5
      261 words
    • Article
      Lock icon SHIPPING GUIDE
      10194 26 THEBUSINESSTIMES EXPORT ETA ETA Advertiser VttMl Voyage Telephone SW Desfn Nww Ham Number Number To ABIDJAN (ABJ) 2003 Cote D'lvolro 20/00 10/09 MOL MOL NIGER 9402A 65-*****06 20/01 W09 Kien Hung KUO LUNG KL*4S 65-*****33 20/01 04/10 Setramar VILLE DE TANYA 3»9W 65-*****33 22/00 21/09 COSCO EMPRESS DRAGON
      10,194 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        565 29 VoyMo Btftti Arrtwl Ptprtert <*«" Mom 8 GW07 J03 09/09/925 09/09/2330 9 I M 09/09/925 10/08/1340 Accarate *039 JO* 09/08/1640 10/08/640 *"«»ta Wet 14 JOS 09 AM/17 40 0/08/8.40 F Clwm 8 Jtt 09/08/1740 10/08/1740 *c 3303 WcOOl J04 09/08/0:30 H/08/17J0 **Pan St* Ss55e J19 09/08/2040 10/08/200 Bt
        565 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1756 29 RECEIVIH6 OF EXFOWT FCl CONTAINERS AND LCL CABCQ Bookina/BtUnco Rsth SWp VoyNo Etb/Btr Ported Frw To Fran »auut am i/a 07-00 ia ovboo ovum ovboo ovboo Mn w-noc a omtoo wawoc a 0S/T70C 10.0451 C'CWOC J CO roc IO/WOC 4 n/uoo wn» uro Ml 07-00 U OVBOO OMW
        1,756 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        179 29 August 12 Thailand: HM The Queen's Birth day Aagutlß South Korea: Liberation Day Switzerland: Assumption Day Spain. Assumption Day Belgium. Assumption Day France: Assumption Day Italy: Assumption Day Aaguttt Indonesia: Independence Day Aofßit 27 United Kingdom: Summer Bank Holiday Aacast3l Malaysia: National Day Philippines: National Heroes Day 2
        179 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        755 29 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        755 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        438 29 Cartaa *12 PwtfT W«Uf «wtQ» Art IMbIiMb %MV fl— WW M/M WW HM ISO/C«b* Limits SpK E25 991 LO 8.0 0.# 90 0.10 Sue 635 991 10 18.0 0.B 80 0.10 Northern tar op* M0 Ave 90U Si M 003 6 0.02 M0 Max 992.0 0J
        438 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Air fuel tank measure to prevent explosions too costly
        775 30 But findings of task force questioned by US aviation safety officials Reuters [WASHINGTON] A task force said on Wednesday it found that the use of inert or nonflammable gases in airline fuel tanks to help prevent explosions such as the one
        Reuters; REUTERS  -  775 words
      • Article, Illustration
        Lock icon Thousands hit by JAL computer glitch
        261 30 Reuters [NARITA] Japan Airlines Co (JAL) said yesterday it had fixed the glitch in its computer ticketing system that caused delays for thousands of travellers setting off from Japan's major airports on their summer holidays. A spokesman for JAL, Japan's top airline, said the
        Reuters; AFP  -  261 words
      • Article
        Lock icon Alaska Air pilots to get 11% pay rise
        177 30 Bloomberg [SEATTLE] Alaska Air Group Inc's Alaska Airlines said it reached a tentative agreement with union officials to raise pay for pilots at the ninth-largest US carrier by 11 per cent this year. The agreement between the Seattlebased airline and the Air
        Bloomberg  -  177 words
      • Article
        Lock icon New Mexico airport: Texcoco gets slight edge
        440 30 Govt report plays down region's environmental risk Reuters [MEXICO CITY] The bidding war to build a new international airport to serve Mexico City is leaning in favour of the Texcoco region, some 18 km from the capital, although the battle is far from
        Reuters  -  440 words
      • Article
        Lock icon Korean Air, Asiana likely to post first-half losses
        428 30 Bloomberg [SEOUL] Korean Air Co and Asiana Airlines Co, South Korea's two carriers, will probably report first-half losses as demand dropped and a weaker won raised the cost of servicing foreign debt and inflated jet fuel bills. Korean Air will probably see
        Bloomberg  -  428 words
      • Article
        Lock icon Untitled
        1755 30 on man n« maw n» IMHi MBS 2230 IMM 22M SM29 BM mil S023 MB U> 2258 SMTS 1035 SOM 2345 «U37 M55 MM BOM MM IMMt 2KB S02* 2045 K24 KK sown 2020 MM MM tnm ws gw Pa MilfHH HMK iMlfUM |«A WQ WfWWf HBP •M21 °rwo *S
        1,755 words
  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      101 19 CONNECT WITH 400 INTERNATIONAL COMPANIES FROM 35 COUNTRIES INCLUDING 10 COUNTRY GROUPS Asia Pacific Maritime z Register online now at WWW.dPmdMtinie.COni The Premier Maritime Event Highlights Supply Chain Management Showcase Maritime Nite Singapore-International Maritime Centre Pavilion Site Visits 9 Conference Ports and Shipping Insiders Strategic Intelligence in a Sea of
      101 words
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      Lock icon Page 19 Advertisements Column 2
      29 19 Admiralty Casebeok: Wrongful death due to negligence is actionable under general maritime law Pg2 Ala jfc 1 4A mbaiaasA Air Tuei tame measure to prevent explosions too costly seekPg
      29 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      547 20 I m USA/CANADA I EXPORT I OTHER MZmNATk** I VBSa WT W6 ftTA SMIIOMO KAO<| P*tlAS IhQUSTOM IMBTMB |o*A6Q |WW TOW 1 Tf> AUffTRAi IA (AffITOVMJA AMA PTfBtB okimim «02 07/01 n/w I m/w am w/w oi/w ,/Wi ooauatu 5403 U/W ivm I 3i/w ovw oyw os/w os/w m/w vot
      547 words
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      Lock icon Page 20 Advertisements Column 2
      89 20 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW POWTS Hot Kot 6 M Cl*i Porta ievemy tmui yrtfyn YISS{L VOY HP SIN HA TYO ETA KOI ETA YM ETA WGO ETA OSA [HOUSTON V.S4IH 12
      89 words
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      Lock icon Page 20 Advertisements Column 3
      596 20 Lines services represented by Member* of the Registry of Accredited Shipping Agents, Snggpore Shipping Association COffIfUNBK COHVtimOHAI CA*G< «*T OANG/SNGANtf/JMMU i lAMOO TOY ETAPKL ETA SIN ETA MALI PltawiHy MM IVH IVW tt*t Ml M U |M LIU MARINE SERVICES SINGAPORE iw Q4 7am»im r>i niTm SCANCHAKT AGENCIES SDN MID
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      Lock icon Page 20 Advertisements Column 4
      6 20 Members of the Singapore Logistics Association
      6 words
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  • Page 21 Advertisements
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      1156 21 TO EUROPE FROM EUROPE Ivtssa voir sm m m ku w sou ia vtssa vor Irw m mm m sou uh sm I MMMTHStfTY 007W 10/01 70/00 70/00 31/01 01/99 MBS 101E 73/07 20/07 17/07 11/07 09/00 AfINALAYSIA 101W 10/01 01/00 30/00 37/00 79/00 API MALAYSIA 0001 a/0771/07 74/07 10/00
      1,156 words
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      1423 21 »mm > vtinmi 1 Jy MM T/TiUMTS I *7 WW T/T tis in CO lOMKON ID SUK/MCS HL 4MH57/U FU: 2M5311/71 COSTAK SHIPPING HI LTD SKSJKifSJL 2™« t| l»/ 1 ntmi/n ™ggEZ* j. 7 ammunooMi ntmimmm wwjjo.d/o) tjs» 2usjij/« 53im» Smmtjw T SHIP MPT *****25 *****16/44 KUAMTAN M-SUUM M-UUMI COWVBfTKXUI
      1,423 words
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      271 21 «ssa *ssa wr si m sw «nn I Sifc=Zj^ZZ_lSS_zjj&z =Hs= gg- M "HMMISHBOI 03* 17/ M 14/ M 71 /m <"* IVM 77/ M 7VM M/M 11/ M WMMISMWH JJ4JS_ 17/ M KM VM 2MN_ JVM 11/W MKWpjl Ills jjffl gfl frfl |*aup I-I I |mti |ii/m| 77/M|?iM HmffIMSTMnH I
      271 words
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      780 22 C SENATOR LINES iomow fotmmMummmmpm I"* bg- *L_ JE_ —I— Im Iwssa I vot I mi I bi I mi I ~^Tl HMUHPMBS MIIW A7M MM MM PM MM MM MM MMOOf MISW II J* lIM lIM MM MM TtAH MUX MMW lIM AIM MM MM lIM AIM MAUN MISW
      780 words
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      590 22 SSS-* xsgkssi KOM/OSAKA SANTOS MV "ATLANTIC BRIDGE" V.N203 MV "ISE" V.029S ETA SIN: 19-08-2001 ETA SIN: 15-08-2001 NEW YORK MUMBAI MV "REPULSE BAY" V.36E32 MV "XPRESS MANASLU" V.OlO ETA SIN: 15-08-2001 HA SIN: 16-08-2001 SHANGHAI CEBU MV "NYK VIRGO" V47E MV "INTRA BHUM" V.164E ETA SIN: 19-08-2001 ETA SIN: 15-08-2001
      590 words
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      420 22 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO 6 NHMM StCVM (CFS MULUN). MUMBM) ALSO ACCEPTMj TO ALL NORTHERN MO WESTEM CO POMfTS mmwm nrr —rnr]mininJw tut! mini Ilimnlml va-ta va-wow lAMUNUIOTBS H» 13 UK II UK Ti UK MUB Ml Mi (MM mmnm t» lOUWUSA TKIK NUN BUK 71 UK
      420 words
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      1304 23 A Great WAY DUBAI PERSIAN GULF WITH IRISL AGENT M SMGAPORE AGENT IN MALAYSIA AGENT M MDONESIA SMOSE MAMTME PTE LTD CR NO: **********0H BOUSTEAD SMPPMG AGENCES SDN. BHD. PT. SMOSE CONTI PERSAOA TEL *****44 FAX: *****81 KL TEL 03-*****300 FAX: 03-*****682 TEL: 62-21-*****33 WSL REP: WRECT TEL *****38 PEN
      1,304 words
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      397 23 UK CONTINENT SERVICE Loadmg lor NAZU G RDM/ATW/BMNAJK/LPL TINA I RDM/ATW/BMN/UK/LPL Load* EVW ■>. Indonesia MIDDLE-EAST SERVICE Loading tor RAINIER Dei/ABU/DOVBRNA)MM/KWT PISCES EXPLORER JOH/AQA/DMT ALQAWTYYU JDH/AQA RADIANT CANOPUS AON/HOC/JOH HATtME ANA JOVAQA ALCESTIS DBVABU/DOVBRN/DMM/KWT PRABHU DAS D6I/ABU/DOH/BRN/DM M/KWT 'Loads Singapore, E7W Mateysa. Indonesia USA SERVICE Loacftngtor CUO PACIFIC CAM/NFK/SAV/NOL ASTROMAR
      397 words
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      1137 23 womum/ smaimmm/ tmtm/ mm* ~j mmm/m* ta rm/um aiuum wssa 1 VOT I s« I H»G I sm I ICC tto 11 won W/W K/M 21/W 31/W 03/W JijS' fffl \IM IMUtUI Mil 2ZZQI IML_MZM—SIM ML. mnumw Xfi m=rrmxun mh am o»/w n/w iyw i;/w riTmtour- 451 WIWMW/WHfl" Cdfcm ■AMOKOK
      1,137 words
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      1040 24 lutfow I VBSft VOTAGf SOP OH MM MM Ut NXVAUJD AM uNAMni OOIM4IW IVWI7/W- 2VW2VWZ7/W uMROinY OVUUW IVWIVWMW 2VW 31/W HSHKUSU *****1 17/01 S/W 3VW 03/W iMASPH OOH-037W JO/W HW 3VW 01/W 03^W UMWUUI OA7»«W 21/W2VW3I/W 01/W 07/W IUM 0177* M/W- OVW OVW IVW I Abo aocspttng cargo to Doha.
      1,040 words
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      1045 24 I I I IINE SINGAPORE PTE LTD I 15 McCallum Street #03-01/02 Natwest Centre Singapore *****S I Tel: (65) *****73 Fax: (65) *****66 Email: general&ecusin.eculine. net Website: http://www.eculine.net I Johore Bahni Office Tel: (07) *****18 Fax: (07) *****62 I I INTRODUCING OUR WEEKLY CONTAINERISED SERVICE TO I ECU LINE SINGAPORE,
      1,045 words
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      365 25 M MYANMA pBBk FIVE STAR UNE (Myiawar National Um) Loadwg fee Yupi wssa VOT SM PU pbi PGU hpa-an am su OONGU 40W su OALATSU AMIS: OOUSTUO SMPPW6 AGENOIS ML m 03-*****300 PIL TE 03-*****101 ret m 04-2*1240? PGU: IB 07-*****21/4 BANK LINE (A sarvka of Aadrt w Wtir SUppfag)
      365 words
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      991 25 hmaw^ CO-LTP-IWSSB tot iwT SOU I 180 IHi I AOOT I HAI I MV~~I IVKSB VOT SOU UN 119 AMI NMR |MV TV SJtSUSt i£l2l 27/ M 29/ M 91/99 30/00 *196 1011 10/07 10/07 21/97 W ■ajITKMIt 002W 10/00 31/00 01/00 20/00 20/00 APIOAUTSIA 0001 23/07 21/07 10/07 10/0
      991 words
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      730 25 ay« vOOv WALLENIUS WILHELMSEN TO MOUTH AND UTM AMERKA 'CAR ROftO HEAVYUFT SIRVKE* I wan |swlur I mm mi la< Itn I o«t I mrt I .rarrior 5 iks r,', n u/ /w v/n KUOOT u I US! H! M! N/IO 11/10 14/10 IS/10 10/10 "i""**' »/00 10/10 11/10 11/10
      730 words
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      396 27 INDIAN SUB-CONTINENT. Mumbai, Nhava Sheva, New Delhi, EUROPE: All base ports and inland locations Calcutta, Kandla, Ahmedabad, Ludhiana, Jaipur, Jodhpur, NORTH 9k. SOUTH AMERICA: USEC, USWC, inland locations in USA and all other Nagpur, Chennai, Cochin, Bangalore, Hyderabad, Coimbatore major countries in South America MIDDLE EAST: Dubai, Jebel Ali, Abu
      396 words
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      160 27 «ssa wr ei* pgu my wt ebsd mt OMASUM I IMS 06MJ1 MM 1144H *****1 IIK mxmt ***** fIUUI WD 1145 M *****1 HT BMASMtI IMB *****1 THU H4M 1U661 Hi BMASIttI Ugs *****1 Stf lien *****1 SH BMIA9M6 1146S IIM-0I SUH 114 M 13N61 MO* HMUSMKI II4BA IMtg MM
      160 words
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      205 27 MtIR SHIPPIWG INDIAN OCEAN ISLANDS/SOUTH AFRICA vessa tm mm n m n m rbmon dm a n ct EXPRfSSPROGRESSVOTOI3 SM hPNt 12/ ON 16/01 IS/M »/tt 02/09 05/09 M/ 09 07/09 MURVOTOM 10/09 12/09 14/09 14/09 17/09 M/ 09 04/10 04/10 07/10 00/10 BM WEOULAH SERVICE TO/FROM CHITTAOONO A MONOUA
      205 words
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      49 27 SPtOAI MTIS KX STHI IUOMMT I rtOJKT crno "■V lOli SIMUOII BOMUI Ul»c*l tHMI ISIIWIII AITWIIP BPj GEWSHIPPIWG PACIFIC UHC PTE LIP waa vSm tm IfH 11/w fIS Ml M I I I ra IM I i.'i-1 lIMII IMI 1 \IT. I mi tn» I iyo y* i i
      49 words
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      255 27 wgw ENS lEE SHIPPING CO TO DD Mt *****23 (18 Um>| Fui SUBBII/51HH8 T ttfc isomoiiiit I msa vot sRi in sm m kstmatkm UmStt37 09/01 07/06 06/08 Mm OMiSMIO 06/01 06/06 Of/N to Um SM 27 09/01 09/06 09/08 S«N*/U Mi UmSM 17 06/01 09/06 09/60 lOMM DM DM
      255 words
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      620 28 IJvesse^^^VO^^Sl^^lsA3^^Sl^^ tiger RHYTHM 911N 11 12/08 17 20/08 25-2608 H MILDBURG 14N/01 14 1508 20-24,08 28 29/08 TIGER SPEED 913N *****8 24-27,08 01 02«09 TIGER BRIDGE 912N 2122 AM *****8 04 0609 TIGER RHYTHM 915N 25-2608 31-0109 07 0609 MILDBURG 16M01 28-29/08 o*4l/09 11-12/09 IMvesse^^^VO^^Sl^^^CA^^Sl^^l TIGER CREEK 482CN8 13-1108 19-21/08
      620 words
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      852 28 fRI'OHT LINKS EXPRESS PTE LTD I 51 Pen|uru Road, 3rd Level, I Singapore *****3 I Te,: ***** fax: *****77 E-mail: flesin9singnat.coai.sg I Introducing I VALPARAISO SOUTH AMERICA SANTOS I MANZANILLO fortnightly service BUENO AIRES I Booking 267# I 5565/4694/5535/5539/5541 /5553/5569/SS79/SS62/SS63 I PtMKT jHIfMIHT hwyit I (CONVMnONM. A ROM)) I Iwww
      852 words
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      850 28 Idz PDZ LINES ESSiiil I j «HU*T iIW 11/— SHHUttI 2114 10/01 GOJAH 21 22 14/01 GtIAW 2122 14/11 6K816 ***** 15/11 GKOK 212*7 >5/01 6UOO 211*4 10/00 GUOO ***** 10/00 6HW 21*1 10/00 SHIUNI 1 2115 20/00 GUOO ***** 27/00 GUOO ***** 27/— GKO>6 ***** GtSIWG ***** 22/oT Ctmi
      850 words
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      66 28 CONFER (S.EJL) J SHIPPING PTE LTD TEL: *****68 FAX: *****45 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG /ESSEL SIN CTG EMERALD 01-03 SEPT 0»0> SEPT mracT FctAcucowvpmomu. mviccs to»rx*an Sub-Ccnanar* MMh CMcuU BorXwy Karachi Cotorrtn CT—gniig T uttconr Coctai ■ar Eaffl Ho Ov MH). Haphong Hongkong Mania Buaan CUVCL tarrtoaa Tti kutlraka
      66 words
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  • Page 29 Miscellaneous
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      129 29 IOSgW— J^— Zb -a,— -7TJE- 3HBk.J LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers o /C\ Rain Temperature Wind direction and speed in knots Cloudy Day We,,her W ><3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight. <1
      129 words
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