The Business Times, 23 August 2001

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Microfilm: NL23108
Total Pages: 30
1 30 The Business Times
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  • Title Section
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    19 1 THE BUSINESS TIMES MITA (P) 107/03/2001 I Internet: http business-times asial com sq SINGAPORE THURSDAY. AUGUST 23. 2001 35C
    19 words
  • Article
    Lock icon MARKET SUMMARY
    72 1 wmm LJ 1J3L40 (+0.76) Qbt-sei •Ml (-0.41) nSTDIDEX FDTDXEB mm mujo (-5.00) ■IsnDoinmiiEß 198J0 (unch) IftfOCK MABKE7 INDICES Wednesday Chance LKLSECOMF 417.11 4114 NIKKEI 225 lU*4J_+ilUI HANG SENG 11.188J7 -»L78 SET INDEX 8D1 +117 JAKARTA COMP—441J6 *178 MANILA COUP UB4.4S -H2S TAIPHWPI 4.487J2 -7U1 SEOUL COMP 574.87 +1190
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  • Article
    Lock icon FINANCE
    77 1 FDSEX RATES l» 81 USS (SSperl'SS) 1.768 2(LSS/SS per 1.413 IMft OBOflS&SS/E) J14 LW DM 1 2.139 1m YEN llfj 68.46 EM 3 m tiff HKS 7J00 4.450 BAHT 4463 ».46 IBPUH. 8J21 4*18 to 100 unit* mamma SINGAPORE* iM KUALA LUMPUR 7.67 JAKARTA UN BANGKOK I.U MANILA 1166
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  • Article
    Lock icon Australia okays SingTel's bid for Optus
    590 1  -  Conditions attached to approval are expected, says Hsien Yang By' Teh Hooi Ling [SINGAPORE] The Australian government yesterday gave its longawaited approval for Singapore Telecom to acquire Cable Wireless Optus. The approval although conditional clears one of the last major hurdles for Sing Tel
    590 words
  • Article, Illustration
    Lock icon Now to deliver on the Optus promise
    900 1  -  COMMENTARY Fortunately the synergies are strong. All the better to win not just customers but hearts and minds, says Kenneth James Kenneth James Nl OW that the Australian government has effectively okayed the Asl4 billion (Ssl&2 bilI lion) SingTel-Optus deal, Singapore Telecommunications will
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  • Article
    Lock icon S'pore must not give up electronics: Insead don
    369 1  -  exclusive By Anna Teo {SINGAPORE] While rightly concerned about its predominance in the economy, Singapore must not "throw away" its core competence in electronics because it remains an "extremely important" lead-ing-edge sector, says a manufacturing expert from Insead. "It's never good if
    369 words
  • Article
    Lock icon UOB a whisker away from crucial 90% OUB stake
    470 1  -  It may boy in open market to boost the 86-87% it has bagged; sources By. Angela Tan [SINGAPORE] United Overseas Bank is now about four percentage points short of the key 90 per cent acceptance level for its takeover of Overseas
    470 words
  • Article, Illustration
    Lock icon Taking the salute
    38 1 WIiPBWI 31M 31 [SINGAPORE] Visiting Thai Premier Thaksin Shinawatra who is making a pitch for Singapore investments in Thailand being welcomed by Prime Minister Goh Chok Tong yesterday. Full report. Next Page ALBERT SIM /ST
    ALBERT SIM /ST  -  38 words
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      11 1 Sl* :V 4 1 V f» BI ■TpVPPPTHHK ■■IiMfIHK VfBRP9VHHBHs|H 111
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      23 1 romalin key,Pg6 Former Geylang bigwigs' commercial dc pvriPrfpH sites under the hammer t0 fal Xi TTWT, i Ji 4-' I] i rTTTTI——— J
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      139 1 Reactions from S'pore, Australia, Next Page Arbitrage gap spells pressure on Sing Tel shares, Next Page m MBSf vNTfv Jf MJvX /<••>» HI V ■L^ s jutel* The movement V' S"'l Heir to a proud watchmaking tradition *>- m»J.. ij, jwi^L,''' *iP'"* t %> jr? k w' (4 Mmm iW-
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  • NEXT page
    • Article
      Lock icon SingTel's share slide likely to have ended
      434 2  -  Analysts expect any further downside to be offset by other Sing Tel developments By\ Siow Li Sen [SINGAPORE] Further downside to Singapore Telecom's price has probably been checked after the Australian government approved yesterday its acquisition of the country's second largest telco Cable
      434 words
    • Article
      Lock icon Downer: Takeover will boost ties with Asia
      343 2  -  SDfOTEZrOPTDS DEAL; WHAT THET SAT From Surinder Singh in Sydney AUSTRALIAN politicians, businessmen and analysts gave contrasting reactions to the government's decision yesterday to approve with conditions Singapore Telecom's bid for Cable Wireless Optus. Australian Foreign Minister Alexander Downer said SingTel's takeover of
      343 words
    • Article
      Lock icon Arbitrage gap spells pressure on SingTel shares
      337 2  -  By R Sivanithy [SINGAPORE] Singapore Telecom's shares could be under pressure and those of Australia's Cable Wireless Optus could rise as traders try for a 24-cent arbitrage profit as well as a 5.5-cent dividend that Sing Tel is paying. Optus shares are selling
      337 words
    • Article
      Lock icon Thaksin makes strong pitch for GIC to co-invest in Thai equities fund
      486 2  -  Fond size said to be US$l b; 75% stake for foreign investors By Loh Hui Yin [SINGAPORE) Visiting Thai Prime Minister Thaksin Shinawatra yesterday made a strong pitch for the Government of Singapore Investment Corporation (GIC) to coinvest
      486 words
    • ON THE grapevine
      • Article
        Lock icon Priced to sell
        98 2 ACCORDING to New York statistical service Dealogic, initial public offerings in the US market involving computer and electronics-related companies are up an average of 24 per cent from their offer prices. Healthcare is next, up 11 per cent. Clearly, IPO managers and the companies themselves are being
        98 words
      • Article
        Lock icon Committed to the PC
        98 2 HEWLETT-PACKARD has refuted a Barron s Aug 13 report which said the company has little choice but to exit the PC business and focus on making printers to survive. In an Aug 20 reply, HP's president of its Embedded and Personal Systems Organisation, lain Morris, said
        98 words
    • Article
      Lock icon Corrections and clarifications
      124 2 IN our story yesterday on the impending job cuts at the Singapore office of Lucent Technologies, we reported that the company had borrowings of between US$7 billion and US$9 billion. Lucent has clarified that it does not have borrowings of that amount. The US$7 billion to US$9
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      546 2 KPMGSeminarSeries 1 a Goods Services Tax GST F5 Return Preparation Workshops 2001 Orchard Hotel Singapore, 9.00 am to 5.30pm What In our continuing effort to provide proactive, practical and seamless taxation advice to our clients, the Indirect Tax Practice of KPMG Tax Services will be conducting a series of one-day
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SIAS tells Links contra traders: you have no case
      588 3  -  It advises them against going to court to challenge the stock exchange By\ Serena Ng THE Securities Investors Association of Singapore (SIAS) yesterday came out in strong defence of the Singapore Exchange's settlement solution in the Links Island share affair, and
      RICHARD CHNG  -  588 words
    • Article
      Lock icon Rate cut fails to calm doomsayers
      850 3  -  lock siew catherine ong WALL Street is a tough customer to please these days. About half an hour after the Federal Reserve Board announced on Tuesday that it would give the stock market what it was expecting a 25 basis point cut in interest
      850 words
    • Article
      Lock icon Chew Eu Hock plans tie-up with Hiap Hoe
      302 3  -  By Andrea Tan FRESH from its failed attempt to team up with builder Neo Corp, listed construction firm Chew Eu Hock Holdings (CEH) has found a prospective partner in private peer Hiap Hoe Holdings. CEH said yesterday it has signed a memorandum
      302 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Prices hold up relatively well despite Wall St slide
      593 4  -  -ii comment STOCKS r. sivanithy IT all boils down to whether the glass is seen as half-empty or half-fall. Pessimists, for whom the glass is perennially half-emp-ty, would point to yesterday's trading as further evidence the local market remains depressed. They
      593 words
    • Article
      Lock icon Untitled
      312 4 SingTel 15c 15,105,000 Partway H 25c 12,914,000 Summit W*****4 12,535,000 Aulron 7,781,000 Datacraft 10c 6,173.000 FO Yu M% 10c 5,197,000 GES Ml Ud 20c 4,819,000 TlanjinZhonf 4,170,000 PNEtndlOe.— 4,160,000 AdcfcarT«ch2£c 3,758,000 I Detacraft 10c 41,420,268 V«ntur»Mfg25c 35,842,560 OUB 31,822.450 SinfTrt 15c 28,165,530 UOB 27,361,925 DBSGrp 22,318,200 Chart Semiconductor 26c 17,215,440
      312 words
    • Article, Illustration
      Lock icon High-risk, high-reward Optus call
      174 4  -  WARRANT WATCH By R Sivanithy NOW that Singapore Telecom has taken a significant step towards snaring Australia's Cable Wireless Optus, arbitrageurs may try to capitalise on the gap that has persisted between SingTel's price here and its implied price Down Under. If they do, it could
      174 words
    • Article, Illustration
      Lock icon Great Eastern: hurdle at $10.70
      218 4  -  HOT STOCK By< Wong Wei Kong AFTER recent weakness, shares of insurance group Great Eastern Holdings finished among the top gainers yesterday, rising 10 cents to $10.40. The stock traded between $10.10 and $10.40, with 206,000 units changing hands. This is considerably more than the
      218 words
    • Article, Illustration
      Lock icon US$ hits 6-month lows cm Wall St fall, euro surge
      551 4  -  comment CURRENCIES Asian units, however, still lag advances elsewhere while rapiah slips 0.6% against greenback larry wee THE US dollar was pulverised by a fresh bout of aggressive selling yesterday, after Wall Street's disappointment with a modest 0.25 per cent
      Source:  -  551 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2853 4 UNIT TRUSTS FUNDS Aberdeen Am* Mft Ma LM 11 n xwci ru«iru4K>. CNna Opportunities Ml** 0.898 0.943 GlobalMNCM a661 0.695 Global Technology Ml** 0.507 0.533 UK Blue Chip Ml** 0.705 a741 American OpportM 0.7C1 0.800 Com Euro EqtyFdl** 0.964 1.014 Japan Eqty Ml** 1.044 1.097 Asian Find Income M 1.100
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon CapitaLand set to go it alone in setting up Reit
      471 5  -  Tie-up with Australia's Lend Lease group hits snag over terms By Andrea Tan PROPERTY giant CapitaLand is prepared to go solo in setting up Singapore's first property trust, now that a plan to team up with Australia's Lend Lease group
      FILE PHOTO  -  471 words
    • Article
      Lock icon MIT sinks into the red with $6.6m loss in first half
      296 5  -  But turnover up 14.4% on spillover orders from F***** Byl Grace Ng M AINBO ARD- LI STED Manufacturing Integration Technology (MIT) sank into the red with a net loss of $6.63 million for first-half2ool, dragged down by a severe
      296 words
    • Article
      Lock icon Venture allays market fears, says HP ties intact
      288 5  -  It says new projects will boost business with US computer hardware giant By I Serena Ng VENTURE Manufacturing yesterday allayed market fears by saying it would continue its relationship with US computer hardware giant Hewlett-Packard, which accounts for about a quarter of
      288 words
    • Article
      Lock icon SingTel's Indian associate plans US$200m IPO by Dec
      557 5  -  Stake in Bharti Tele-Ventures will fall to 29%; undersea cable venture delays 2nd phase By Teh Hooi Ling SINGAPORE Telecommunications' Indian associate, Bharti Tele-Ventures, plans to launch its initial public offering (IPO) to raise about US$2OO million before year-end. Meanwhile, Sing Tel
      557 words
  • Page 5 Advertisements
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      12 5 Eye on the economy: Orders upfor US chip equipment makers, Pg 6
      12 words
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      312 5 Cheek sa l es fig ures on an jExcel spreadsheet. Read a contract on a Word document. View a video clip. Read an eßook while waiting for your friends. Send e-mail to your client. Look at your girlfriend's picture. Send an SMS to your friend. Find out where to eat.
      312 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Manufacturing remains key: don
      607 6  -  Focus on services should not be at the expense of mannfttctnrinfe warns Insead's of SAD By Anna Teo WHAT sets a world-class manufacturing plant apart from a mediocre one is not technology but management and people, according to a manufacturing guru. "Doesn't mean that technology isn't
      CHRIS LOH  -  607 words
    • Article
      Lock icon Arroyo seeks to improve bilateral ties during visit
      321 6  -  Philippine president also wants more S'pore investments for her country By] Loh Hui Yin GLORIA Macapagal-Arroyo, who became president erf" the Philippines in January, is paying her first official visit to Singapore tomorrow. Topping the agenda for the president is how she
      321 words
    • Article
      Lock icon Seagate counts on S'pore as it boosts operations
      414 6  -  000 says Republic's engineers world-class, no plan to restructure work force here By David Boey COMPUTER disk-drive leader Seagate Technology is boosting its operations in Singapore at the expense of plants in Malaysia and the US. And it gave its Singapore engineers
      414 words
    • Article
      Lock icon Orders up for US chip equipment makers
      423 6  -  the economy I semiconductor By Serena Ng US-BASED makers of semiconductor equipment posted an improved book-to-bill ratio of 0.67 in July, which was the highest level since February, preliminary figures from Semiconductor Equipment and Materials International (Semi) show. The book-to-bill ratio compares chip-equipment
      423 words
    • Article
      Lock icon PM Goh, US congressmen discuss law for ISPs
      258 6 PRIME Minister Goh Chok Tong met a group of US congressmen yesterday to discuss a possible law in Singapore for Internet service providers (ISPs) and other issues pertaining to the Internet and e-commerce. Speaking yesterday before the meeting, delegation leader, Virginia Democrat
      258 words
    • Article
      Lock icon Watch out if you do last-minute open bidding for COEs
      294 6  -  Byi Christopher Tan AT least one motor trader has found that it does not pay to wait till the eleventh hour to bid for a COE in the open tender. The trader, a distributor of a top Japanese brand, told
      294 words
    • Article
      Lock icon CityCab still evaluating vehicle type
      113 6  -  IflMUbag Priscilla Chan I REFER to your article "Bifuel Volvo taxis to go on trial around November" by Christopher Tan (BT, Aug 22). City Cab has plans to bring in compressed natural gas vehicles. We are still evaluating suitable vehicles and have not decided on
      113 words
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      90 6 Macintosh Powerßook computer was left on seat 23F on SQBS7 flight from Hong Kong to Singapore arr. 2.05 p.m. Sat. Aug 11. Computer has personal value to owner because it contains latest version of 3 book manuscripts on business management. Identifying Features: Start-up screen says "Take Today Off" in black
      90 words
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      66 6 multi disciplined professionals IA r W |V V chartered secretaries and bankers have i V Y provided confidential and cost effective E company formation in all the ma|or low tax areas including Incorporation Fees from US$5OO The world's leading Florence Nathan Offshore Company and Tax T el (65) 535 3382
      66 words
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  • Page 7 Advertisements
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      314 7 lIBSBBb g| B I mi and Northwest Airlines present lIC/I u Aijlll HI tI3/* tl'lv aw* wore for 4f/y H (Just sign up for IPO 002 F y to Honolulu. Son Francisco or Seattle $100 free IDD calls r fjjj| E arn WorldPerks® miles; and up to 5,000 |j Bonus
      314 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Risk of trade frictions on global scale
      808 8  -  mr.ir bottom line OPINION anthony rowley The writer is BT's Tokyo correspondent THE global economy appears to be falling apart, pulled by different forces that are all tending towards fragmentation. First there is the anti-globalisation movement whose troops are expected to rally for
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    • Article
      Lock icon IN OTHER WORDS
      27 8 "People are losing confidence in the IT sector." TQSUvany an Indian matchmaker, whose female clients now don't want husbands working in the IT industry.
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    • Article
      Lock icon Rate cuts and Asia
      662 8 EDITORIAL AS expected, the US Federal Reserve cut its benchmark Fed funds rate by a quarter of a percentage point on Tuesday, to 3.5 per cent, the lowest level since March 1994. Unsurprisingly to some, the US stock markets continued to swoon. And Asian markets remained
      662 words
    • Article, Illustration
      Lock icon Why this will be a long recession
      1251 8  -  It has nothing to do with inflation and everything to do with supply excesses By I Stephen Roach Stephen Roach is an economist for Morgan Stanley Dean Witter A Co FROM the start, I've maintained that this is not a garden-variety recession. Global
      FILE PHOTO  -  1,251 words
    • Article
      Lock icon Waking up to the real world
      759 8  -  Bush's top honchos are showing just how oat of touch they are By Maureen Dowd NYT WHEN Rip Van Rummy came down from the mountain after 25 years, gray and lined, the village was much changed. Strange faces everywhere and a bustling, disputatious tone
      NYT  -  759 words
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  • BIZ woman
    • Article
      Lock icon Indonesian women beat men in small biz
      403 9 Jakarta govt should make involving women in business a priority, adds ADB AFP [JAKAßTA] INDONESIAN women do better in small business than men partly because they are apparently more realistic and cautious, em Asian Development Bank (ADB) report says. TTie report follows a
      AFP  -  403 words
    • Article
      Lock icon Jiang praises work of Apec women leaders
      168 9 Xinhua [BEIJING] Chinese President Jiang Zemin has sent a congratulatory message to the Apec Women Leaders Network Meeting 2001, which opened here yesterday. Hua Fuzhou. vice-pres-ident of the All-China Women's Federation, read the letter at the opening ceremony. In the message, Mr Jiang
      Xinhua  -  168 words
  • FINANCE
    • Article
      Lock icon Futures end off lows on short-covering
      289 9  -  sr&idi^lisas^mbdii C K Lau Refco Singapore SINGAPORE shares yesterday managed to claw back to positive territory after spending most of the session in the red zone. The key Straits Times Index closed up 0.76 point, or 0.05 per cent, at 1,632.40. There were 23
      289 words
    • Article
      Lock icon Futures dive as stocks fall to 2-week low
      244 9  -  MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks yesterday feU to a two-week low on concerns of a weaker US market and slowing semiconductor demand. The MSCI Taiwan Stock Index dropped 4.41 points, or 2.07 per cent, to close at 206.96,
      244 words
    • Article
      Lock icon CURRENCY REPORT
      222 9 Reuters TrllHllHl THE euro surged half a per cent to five-month highs against the US dollar yesterday after a key German business survey came in well above forecasts.. Analysts said the forward looking IFO survey, which posted its first rise since January, offered hope that the euro zone's
      Reuters  -  222 words
    • Article, Illustration
      Lock icon Untitled
      1106 9 MTHMAMg CE088 EATB8 A ug22 C$ —t Dn fk Mb Yw —i 8M 92$Hfctl N»c SS to* Hr 1T> 9*1 Hmt 01$ Aotrato 0*31 4.453 0597 3540 IM7 4JB5 ********** 0643 6079 2.039 1212 ***** ***** 0540 4.4N OJfl 8568 ***** OJTO 0537 CiM* 1203 1356 0.706 4429 UN 5.035
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  • Page 9 Advertisements
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      22 9 Someone keen on expanding horizons. Someone who will relish the responsibilities. Get the edge in hiring link TheStrattßTimew Call 1800 741 1883
      22 words
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      127 9 -|||i£S| For over 20 years, our qualified professionals have been I -'jf!§§t:J| assisting clients to venture offshore with confidence by I J providing consultancy services on offshore structures. I J shelf companies and incorporations in All jurisdictions I I including I British Virgin Islands Mauritius I Cayman Islands Hongkong I
      127 words
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      Lock icon Page 9 Advertisements Column 3
      793 9 najPH Cafl y fcK iy 7411 MS SALE OF LAW BOOKS AND REPORTS More than 300 law books and reports for sale on an "as is, where is" basis. Viewing today and tomorrow only Please contact Mr Alan Tan 9784 8096 (HP) Ohio Urn Associates Corporate Recovery Department In die
      793 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 1
      316 9 CRYPTIC CROSSWORD for underweight cop- Venetian magistrate's office 1 iff BP I 1° pars? (6) where cheat has gained entry j —II I I [j 8 Americans wanting a raise may I I I I 1 I I wen take it! (8) 5 Part Y loaders the jerk finds woe--9
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  • EXECUTIVE Suite
    • Article
      Lock icon Commercial DC rates seen to fall in Sept
      1052 10  -  Property consultants expect significant drop, citing relative low tag for New Downtown site and decline in transacted office prices, xalpaxarashiwala finds out KALPANA RASHIWALA Development charge (DC) rates payable to the state before a site can be redeveloped for commercial land are
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    • Article
      Lock icon Former Geylang bigwigs' sites under the hammer
      621 10  -  By. Andrea Tan MORE freehold plots belonging to the three former Geylang heavyweights Ricky Goh, Tan Hock Keng and Eric Tan will be placed on the block in the coming weeks. Grandlink Group's Mr Goh will see two of his freehold sites go
      621 words
  • Page 10 Advertisements
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      406 10 Where to wine, dine and entertain by: International Definitely the first card in the world 4545 43$b>s? yfjfty every order jfir O, a local or dehght fIJH jT (irom $6.90+^-). a sumptuous spr eaa Wine Tasting Every Weekday (5-7pm) Worldwide Selection _i i Labe,s ys. Retail Wholesale <**■ Gift Pack,
      406 words
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      52 10 r flB YOUR COSY HAVEN AWAITS Rtiai and unwind after a hectic day's work with a refreshing drink at the Mezzanine Calif Bar. Happy Hour 5.00 pen to 8.00 pm daily Reservations: 831 6286 Mezzanne Cafe fc tee P 2*4 Hoof II U*XC 333 Orchard Road. Singapore *****7. lUii W
      52 words
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  • PROPERTY news
    • Article
      Lock icon Understanding mobility trends
      906 11  -  By knowing what upgraders look for in a new home, developers can gain competitive edge in their marketing and pricing strategies. DOBBBNTOAiniand omshowend outline findings from an NUS study DOREEN THANG,ONG SEOW ENG WITH Housing and Development Board (HDB) upgraders accounting for 40 to 60 per cent
      906 words
    • Article, Illustration
      Lock icon Go with the flow
      738 11  -  IWiUUlU-Mlog Water features in a garden calm the senses, and are havens for the fishes and birds as well as exotic water plants By- Thien WE started with an oval-shaped Chinese dragon jar which I'd inherited from my grand-dad's garden. It was big and deep enough
      PHOTOS BY THIEN  -  738 words
    • Article
      Lock icon Prime resale home prices face heat
      400 11  -  By' Vince Chong RESALE homes in the prime district are expected to face some pressure in the coming months. According to a Realink report, freehold resale apartments and condominiums in districts 9 and 10 currently fetch $825 psf on average, against the median $1,030
      400 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      68 11 INVESTMENT PRIME WAREHOUSE IN PASIR PANJANG ROAD FOR SALE Land area 2,824 sqm or 30,402 sqft Strata Floor Area 5,252 sqm or 56,533 sqft Tenure Freehold Remarks 8-storey warehouse completed in Nov 1997 For further details, plena contact: Sole Marketing Agent Tel: 224 8181/ Fax: 221 2232 investment SUNTEC OFFICE
      68 words
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      Lock icon Page 11 Advertisements Column 2
      95 11 Deep Creek Marina Associated Businesses Deep Creek Marina (Murray River), Perricoota Road, Moama, NSW Up to seven parcel Ms available General store/Bottleshop/Restaurant/Fuel filling station 300 acres of prime Murray River frontage Permits for future holiday cabin developments fj» p;; 35 freehold marina wet berths including 2 deluxe houseboats FOt SALE
      95 words
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      Lock icon Page 11 Advertisements Column 3
      53 11 B K Hi jKSFIa H 1 X jAJBf' |JF IB sEbIB m WbßßbkbsbsbsEX HH I 91 Bi I SSHb^S^ i»ar *i I T? WlBMff* is n jp Bfo fl A i *****1 k i I SBSBIS |a| MBM v 188 1 II l&lKnHBBl ■IHi I *WM 1 f fP' 1
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  • Article
    Lock icon COMMODITIES
    1513 12 BWUFUTUIBI Aug 21 MKR OMaacM* a SJOpa) Om Mm Opai MmO H tam S*tt (tamm) Mrwt S«W 102.50 Oct 01 1MJ0 MrOI 105.50 BKOI 106.50 HUCOftTMCTOfica*/* VMM Opto M—tt Mgfe to Srtt (♦>■») Man* SOI 57.75 400 01 9125 57.75 5125 800 1750 MrOI 58.50 260 OK 01 58.75
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  • REGIONAL news
    • Article
      Lock icon MMC chief, key shareholder on collision course: report
      697 12 KUALA LUMPUR Tensions rise after company cancels purchase of stake in port MALAYSIA Mining Corp Bhd's decision to shelve the planned purchase of a port in Johor state has put the company's management on a collision course with a key shareholder, businessman
      697 words
    • Article
      Lock icon Freight rate fall won't hit MISC badly: chairman
      400 12 KUALA LUMPUR MALAYSIA International Shipping Corporation's earnings will be hit by the fall in global freight rates, but the impact will not be severe, according to company chairman Hassan Marican. "The impact on earnings will not be that significant," he said at
      400 words
    • Article, Illustration
      Lock icon KL's Dutch move no threat to Changi Airport: analysts
      500 12  -  Changi, SIA seen as miles ahead of ITsian counterparts From Eddie Toh in Kuala Lumpur MALAYSIA'S aviation strategy in going Dutch will not knock Singapore's Changi Airport off its perch as the airline hub of the region, analysts said yesterday. "The
      FILE PHOTO  -  500 words
    • NOTE Book
      • Article
        Lock icon NZ denies decision against SIA
        173 13 [SINGAPORE] The New Zealand government yesterday denied a newspaper report which claimed a decision had already been made against Singapore Airline's bid to boost its ownership of Air New Zealand. A report in Aukland's Dominion newspaper had quoted unnamed sources claiming that the government has
        173 words
      • Article
        Lock icon Trio attack Jimmy Lai's office
        110 13 AFP [TAIPEI] Hong Kong press baron Jimmy Lai's Taipei office was trashed early yesterday by three young men wielding wooden clubs, police said. The men stormed into the office on the 10th storey of a building in downtown Taipei, smashing computers and windows, police said.
        AFP  -  110 words
      • Article
        Lock icon HK banks cut rates yet again
        85 13 Reuters [HONG KONG] Hong Kong banks slashed interest rates yesterday for the seventh time this year, but officials and analysts do not expect the territory's economy to turn around soon. Banks like Standard Chartered and Dao Heng Bank slashed prime lending rates for their
        Reuters  -  85 words
      • Article
        Lock icon Jakarta sticks to BCA sale plan
        74 13 Reuters [JAKARTA] Indonesia's state enterprises minister said yesterday the government would stick to its original plan to sell a maximum of 30 per cent of Bank Central Asia (BCA) to a strategic investor. Laksamana Sukardi's comments follow remarks cm Tuesday by a committee overseeing
        Reuters  -  74 words
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        Lock icon Manila's new stock trading system
        68 13 AFX [MANILA] The Philippine Stock Exchange has employed a new trading system modified with safeguards against price manipulation effective from yesterday, PSE technology committee chairman Francisco Villaroman said. The PSE switched to the new system after the Securities and Exchange Commission allowed brokers to trade
        AFX  -  68 words
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      Lock icon Indian govt pledges to give free hand to privatised Air India
      279 13  -  By Donald Urquhart [SINGAPORE] The Indian government is said to be willing to sign an agreement with Air India's strategic partners, pledging non-interfer-ence after the national carrier is divested. Senior civil aviation ministry officials have reportedly said the government
      279 words
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      Lock icon Indian minister warns of impending economic crisis
      324 13 NEW DELHI FT THE Indian economy is showing clear symptoms of an impending fiscal crisis, says Aran Shourie, the country's minister for privatisation. Mr Shourie, a high profile member of India's coalition government, told Financial Times that the country's growing budget deficit threatened
      FT  -  324 words
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      Lock icon Jakarta, IMF to sign new LOI; paves way for US$400m loan
      533 13  -  But revisions will raise question about govt's ability to keep budget deficit down From\ Shoeb Kagda in Jakarta INDONESIA will sign a new Letter of Intent (LOI) with the International Monetary Fund today, paving the way for the disbursement
      533 words
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      Lock icon Cathay faces HK$600m bill as pilots step up fight
      479 13  -  Promt Audrey Tan in Hong Kong AS Cathay Pacific's pilots voted overwhelmingly to escalate industrial action yesterday, analysts say that the airline may now face a bill of over HKI6OO million (***** million) from its dispute with its pilots. Yesterday, Cathay's
      Source: Bloomberg  -  479 words
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      Lock icon China unveils independent director system
      316 13 SHANGHAI Mm to boost listed firms'governance and transparency Reuters CHINA'S securities watchdog has established an independent director system for listed companies to boost corporate governance and transparency in its unruly stock markets, state media said yesterday. The country's more than 1,200 listed companies are required
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    Lock icon STOCKS asia
    6832 13 HONGKONG v« Ama mk» roooi AcroasAtto MuKknedta L51 -0.02 854 Alpha GenorM 0.03 unch ***** A»nN> US unch K>4S Anende Wing On an -OOI ***** Angara New Steel M OAS -0.04 ***** Anhul Conch H 1.74 -OOS 3054 Art** CiprnlMv M L31 -0-03 4644 Arcontech Corp UK) 0.07
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  • WORLD news
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      Lock icon German businesses turn more upbeat
      582 14 FRANKFURT Surprise jump in IPO confidence index lifts euro Reuters GERMANY'S key IFO business confidence index jumped unexpectedly last month, offering a rare glimmer of hope in the current economic slowdown. The euro surged more than half a per cent to five-month highs against the
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      Lock icon IMF to extend additional credit to Argentina
      455 14 WASHINGTON USsBbdealisu attempt to stannch a financial crisis LATWP Reuters, AFP THE International Monetary Fund (IMF) said on Tuesday night that it is prepared to extend an additional US$B billion in credit to Argentina in an attempt to staunch a financial crisis. IMF
      LATWP; Reuters,; AFP  -  455 words
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      Lock icon Japan threatens intervention as greenback falls after Fed rate cut
      605 14  -  Prom, Anthony Rowley in Tokyo FRESH signs emerged yesterday that global financial markets are entering a period of increased turbulence when the dollar fell in response to the US Federal Reserve's latest rate cut after Wall Street stocks failed to
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    • Article
      Lock icon AIG-led group to buy 3 Hyundai affiliates
      254 14 SEOUL Bloomberg AN American International Group-led consortium agreed to buy control of three financial affiliates of Hyundai Group for 1.1 trillion won (511.50 billion), the biggest foreign investment in Korea's financial industry. The three companies, one of which came close to collapse in
      Bloomberg  -  254 words
    • Article
      Lock icon Stora Enso, IP in merger talks: report
      328 14 HELSINKI This could create world's biggest forest indnstry grtap Reuters FINNISH-SWEDISH Stora Enso and International Paper of the United States were reported yesterday to be in merger talks to create the world's biggest forest industry group with US$4O billion in sales. Stora Enso
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    • LATE Briefs
      • Article
        Lock icon UK's FSA fines Paine Webber
        78 14 Bloomberg [LONDON] Paine Webber International (UK) Ltd was fined £350,000 by Britain's Ftaancial Services Authority for "serious compliance failures, including inadequate controls to prevent money laundering". Hie fine, the seoond-biggest imposed by the UK financial regulator, came after the division of ÜBS AG, Switierland's largest
        Bloomberg  -  78 words
      • Article
        Lock icon Publishing and Braodcasting in the red
        84 14 Reuters [SYDNEY] Publishing 6 Broadcasting Ltd recorded a ASBM million (aiTMrnflbon) net loss yesterday as Australia'# Kerry Packer paid the price for his media group's investment in fctted teico One.Tel Ltd. PEL, traditionally a strong earner, said its net was dragged > down by
        Reuters  -  84 words
      • Article
        Lock icon US$100m award against Philip Morris
        94 14 LAT—WP [LOS ANGELES] A Loe Angeles lung cancer victim has agreed to a record US$lO6 million damage award against cigarette maker Philip Morris, rafter than seeking an even larger possible verdict in a new trial. Richard Boeken, 57, announced on Tuesday his approval of the
        LAT—WP  -  94 words
      • Article
        Lock icon US consumer confidence slips: survey
        71 14 Reuters (NEW YORK] US consumer confidence slipped during the latest week, led by a renewed slide in the public's view of the national economy to a new four-year low, the ABC Newa/Mtmp Magazine said yesterday. Ths ABC/Money Consumer Comfort Index, which is based on rolling
        Reuters  -  71 words
    • Article
      Lock icon Suit against Morgan Stanley, analyst falls flat
      372 16 NEW YORK Bitter statements result of dramatic stock market fall: judge AP, Bloomberg SAYING a lawsuit against Morgan Stanley Dean Witter Co and its Internet analyst Mary Meeker is "in grossly bad taste", a US federal judge on Tuesday tossed out the claims
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    Lock icon SGX clob
    1782 15 BOWPS A WARRAMTS Aug 22 mmm~ mm m Cr Mi «ar ft me Urn m*rn utm mrnmmm w»a m> ub 393 26 t AST1W*****1 29 2 138 29 27 28 29 28 28.4 1 18 12 139 34 473 133 Amtak W0506K5 42 OS S98 433 42 42
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      102 15 you'll love earning over 4.6% p.aron our foreign currency fixed deposits. to fluctuations m exchange rates may give rise to capital gams of kKses when jHfirißpjßHpC' 'i y°« convert foreign currency back to your home currency, you may experience a potential loss Ytou are advised to determine whether any foreign
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  • Article
    Lock icon STOCKS sgx
    7089 16 SOX MADIBOARD Cr Or M 8ft O* Wd Our IMOnM H> H» TM M Cm tm% urn film w- rm um mmm m» cw p* s3 w MULTHNOUSTRY M&Vi..; >■$&*• .y M9 cAOIMSOC 373 -15 100 38 37 36 5 37 5 O S 19 9 0.7 99
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      16 17 |#Twl __Lianhe Zaobao I fFataT I weakness" I lofI of China' si I tsSSktfT' I J
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      58 17 s jpB Roam Info) Overseas Union Bank mZZZ Roamers to Partners Sprint. Sprint PCS* jnwoi >>. The best companies run Oracle9t Application Server. www.oracle.com Copyright 2001 Oracle Corporation All rights reserved Oracle is a registered trademark and Software Powers the Internet is a trademark or registered trademark of Oracle Corporation
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  • BIZTT
    • Article
      Lock icon AOL to lay off 1,700 employees worldwide
      480 17  -  Cots will save firm about USsBsm a yean analyst By Edmund Sanders LAT-WP [WASHINGTON] Stung by an economic slowdown and a sluggish advertising market, America Online said on Tuesday it would lay off 1,700 employees worldwide or nearly 11 per cent of its
      LAT-WP  -  480 words
    • Article
      Lock icon Hutchinson to fire 15% of staff
      257 17  -  By J John Stebbins Bloomberg (HUTCHINSON, Minnesota] Hutchinson Technology Inc. the No 1 maker of suspension assemblies for computer disk drives, said it will fire up to 600 employees, or 15 per cent of its work force, to cut costs. The company expects to
      Bloomberg  -  257 words
    • Article
      Lock icon Web pirates ripping off top authors: study
      267 17  -  By Paul Majendie Reuters [LONDON] Internet pirates are ripping off the world's top bestsellers, from Harry Potter to Stephen King, a web monitoring company said yesterday. Almost 7,500 copyrighted books are available free and the publishing industry could be faced with the same
      Reuters  -  267 words
    • Article
      Lock icon Microsoft plugs Hotmail hole
      97 17 Reuters [SAN FRANCISCO] Microsoft Corp announced on Tuesday that it has fixed a security hole in its free Web-based Hotmail e-mail service that could have exposed customer e-mail. The fix was completed on Monday, less than 12 hours after the company learned of the problem, which
      Reuters  -  97 words
    • Article, Illustration
      Lock icon Bid on Net for tee-off with Woods and lunch with dad
      185 17 Bloomberg [SAN JOSE. California] eßay Inc, the largest Internet auctioneer, and the Tiger Woods Foundation agreed to work together to auction golf tours and the chance to play with Woods. The auctions will be hosted on eßay later this
      Bloomberg; AP  -  185 words
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      Lock icon Qualcomm to push for lead in wireless tech
      701 18  -  The company will invest USs3oom in Next Wave Telecom, a US wireless infrastructure firm which filed for Chapter 11 protection in June 1998. Paul cham has the details PAUL CHAN IN these gloomy times, investors might be expected to be wary about
      Source: Bloomberg  -  701 words
    • Article
      Lock icon Bioethics information at new website
      273 18  -  It will highlight emerging research areas and get public response on key issues like stem cells and cloning By 1 Tang Weng Fai THE Bioethics Advisory Committee (BAC) —which was appointed by the Cabinet in December 2000—yesterday launched its website to highlight emerging research areas
      273 words
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      Lock icon Content hindering Asian broadband take-up: experts
      387 18 Reuters [SINGAPORE] The Asia-Pa-cific region may lead the world in embracing broadband access to the Internet but penetration rates are not what they could be as content lags behind, industry experts told a conference yesterday. "Broadband take-up has not been as fulfilling as what
      Reuters; AFP  -  387 words
    • Article
      Lock icon Taiwan Semicon delivers first chips from 12-inch fab
      175 18 Reuters [TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract microchip maker, said yesterday a new plant using 12-inch silicon wafers had delivered its first products to customers. TSMC said its Fab 12 facility had delivered 300 fully functional 12-inch wafers
      Reuters  -  175 words
    • Article, Illustration
      Lock icon ST Assembly completes US$28m Winstek takeover
      708 19  -  Exclusive The acquisition will be used to push the company's search for new business opportunities in Taiwan, reports david boey DAVID BOEY ST ASSEMBLY Test Services (Stats), which assembles and tests computer chips, completed its takeover of Taiwan-based Winstek Semiconductor Corp on Tuesday. This
      Source: Bloomberg  -  708 words
    • Article
      Lock icon What ST Assembly is looking for
      279 19  -  By David Boey ST ASSEMBLY Test Services (Stats) is on the lookout for acquisitions that help it develop its chip packaging capabilities outside of Singapore. Just this week, it completed its US$2B million acquisition for a majority stake in Taiwan's Winstek Semiconductor Corp. "Would
      279 words
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      Lock icon Get slim and trendy with Motorola
      326 19  -  The $6687.66 claims to be the world's smallest GPRS, tri-band mobile phone Byi Chen Huifen MOTOROLA Singapore will introduce its clamshell-de-signed V.66 phone on Aug 30 at $668 (with a two-year plan) in two colours silver and radar blue adding to the stable of
      326 words
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      Lock icon NUS to be first in region to implement Win XP
      745 20  -  ■:il exclusive The upgrading exercise is estimated to cost $2m and will see about 20,000 PCs and notebook computers being migrated to Windows XP by as early as October, reports tamo wan* fax TANG WENG FAI THE National University of
      745 words
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      185 18 Mr: x WTr'" i? ii j t L SHHhRb 11 fills? a/'---' 'ItH 9HBnm 1 11 0 j 1 >;% 1 IBM kJ Sfl |M r %stfo| Ijfl M 5 m M W mm P X^HHHBHB^ni:: wSBHB&mz f ?^BE^^HHMHsP*22IfiiIRMBBBBHPr''HHBr ~m?L -^yinHnpnip^^^^ sr w-?.& fr&G&Si There's A Better Way To Bring
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      700 19 v" fj|Sp ilccf The only constant in today's world is change. g| Dualßay drives, change comes easy. does versatility. Compaq's new innovative Multiport integrated wireless capability, this technology lets you easily re-configure this notebook for the job at hand. What's more, our intelligent manageability tools will also keep you in
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      302 20 THE SUNTONE-SEAL IT will change the way people look p j at service providers. h II 1 V. ml In the tumultuous service provider marketplace, you need a standard that gives you complete confidence in your service delivery. That's where the Sun Tone 5 program steps in. It sets a
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      45 20 Software versions Alpha: Early stages of product compilation Beta 1; Complete internal testing Bala 2 Extensive external testing RC-1: Majority of features confirmed (ready for general public review) RC-2: Almost ready for release with majority of drives included and issues resolved RTM: Release to manufacturing
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      255 21 Reuters THE Baltic Dry Index (BDI) fell three points to 978, the Baltic Panamax Index (BPI) gained three points to 968, the Baltic Handymax Index (BHI) was unchanged at 7,777 and the Baltic Capesize Index (BCI) was down 12 points to 1,075. ♦Danea (built 2001) 75,106 dwt delivery
      Reuters  -  255 words
    • Article
      Lock icon MARITIME STOCKS
      158 21 Nt E:Ks=rfg ss s aastrglS ts i l«_A«0 Midi 0 0.15 undl 100 Meewcerp 3 32 -0.02 536 JiwrtLJ IS2 MM* 395 MMWMtriM 0.19 0.01 2644 Sffi=r=4S g 1 tt* 03 -om 1984 -ttt -S o •*152nf£S!llzzz5s? Slg=4S W Singamas _0.33 uncti C SSSJSSSzSS sa J w •55
      158 words
    • Article, Illustration
      Lock icon Shipowners still hopeful of cut in charges at Klang
      680 21  -  Despite doubling of fees since last week, M'sian port has not seen fall in traffic By] Beth Jinks [SINGAPORE] The International Shipowners Association remains hopeful transhipment container handling charges at Malaysia's Port Klang can be lowered "across the board" despite the
      FILE PHOTO  -  680 words
    • Article
      Lock icon Sydney Ports wooing Asia, European investors
      391 21  -  Ansae firm invites bids to redevelop facilities at Glebe Island, White Bay By Beth Jinks [SINGAPORE] Sydney Ports Corporation is targeting big shipping lines in Asia and Europe for investment as part of its plans to redevelop existing facilities in Sydney Harbour. The Australian
      391 words
    • Article
      Lock icon Ports of Auckland H2 profit rises 4.5% to NZ$23.4m
      372 21 Bloomberg [AUCKLAND] Ports of Auckland Ltd, New Zealand's largest port, said fiscal secondhalf profit rose 4.5 per cent as it shifted more containers across its wharves. Profit in the six months ended June 30 rose to NZ523.4 million (5517.9 million), or
      Bloomberg  -  372 words
    • Article
      Lock icon P&O Ports not pulling out of Colombo
      286 21  -  Port operator denies report it's troubled by security risks By] Donald Urquhart [SINGAPORE] London-based stevedoring and container terminal manager, P&O Ports, said yesterday that it was not reducing or withdrawing its investments in the Port of Colombo because of security concerns. Contrary to
      286 words
    • SHIPPING news
      • Article
        Lock icon Mid-year lull as market rethinks order strategy
        786 22  -  NEWBUILDS By} David Hughes THE newbuilding market has entered its traditional August quiet period, and with so many people, both from the yards and from the shipowners who might want to place new contracts, on holiday things have been understandably quiet. Conspicuous by
        786 words
      • PORT Shots
        • Article, Illustration
          Lock icon Concordia's H1 profit surges
          108 22 [LONDON] Swedish-based tanker and bulk carrier operator Concordia Maritime has revealed strong interim results despite the recent crash in tanker spot rates which has particularly affected the company's two ULCCs. Consolidated sales rose to 642£ million Swedish kroner (Sslo9 million) from 497.4 million kroner in the
          108 words
        • Article
          Lock icon Baltic Exchange launches website
          47 22 [SINGAPORE] London's Baltic Exchange this week launched the first stage of its electronic trading floor balticexchance.com. The website includes an electronic trading floor and information exchange platforms to help members and subscribers match ships and cargoes, but does not include a negotiation platform.
          47 words
        • Article
          Lock icon NYK wins coal transport deal
          83 22 [SINGAPORE] Japan's NYK Line has secured a 26-year coal transport contract with the Union Power Development Co of Thailand. The deal will see NYK transport 4 million tonnes of steaming coal via pan*mar bulkers from Australia, South Africa and Indonesia to what will become the
          83 words
        • Article
          Lock icon Refugee boat runs aground
          49 22 [SINGAPORE] Two children and an adult reportedly died after an Indonesian-crewed boat carrying refitgees believed to be destined for Australia ran aground. The remaining 137 survivors most believed to be Afgan asylum seekers—were rescued by the Indonesian Navy. The vessel reportedly left Java last Friday.
          49 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      153 22 PACE iMinrhw Assets 5 SSA 7 rtM«ii«s 6 •COM 7 CMACGM 3 COSCO 3 Coiooy Laf 5 Central Li 6 ChmaSfcpg 5 i Cougar 7 CVTChMM 7 Mms 4 OiakUoy* 6 DongnaM 3 ECl 4 ECU Una V6/7 Evergreen 6 FoonqSan 5 Fuhai 7 GUnk 4 Geoartrm
      153 words
    • Article
      Lock icon SHIPPING GUIDE
      5407 28 THEBUSINESSTIMES Page 8 EXPORT THURSDAY, AUGUST23. 2001 ETA ETA Advartisar Vassal Voyaga Tatophona SIN N»ma Nam* Numbar Numfear To ABIDJAN (ABJ) 2003 Cot* D'ivoiro n/00 W* COSCO HOPE OOiWT 45-*****00 01/09 n/09 Kiwi Hung INTELLIGENCE CONTA IC104S 45-*****11 01/09 04/* Daimas HYUNOAI UBERTY 304W 45-*****44 To ADELAIDE (ADL)
      5,407 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        725 29 intti Voy No Bortli Arrival Departure J—| Nil Iter ffrtw MO) JO 22/06/755 22/08/17*0 MIcUJw ***** JO) 22/OMOO 22/08/20*0 •Mar I TI7S01 J03 22A6*6 22/01/22-00 Sm Mmmr Ik20 JOt 22/08/820 25/08/6*0 B*SMtar16 M202 J02 22/08/9:45 22/08/6*0 On AM JM003 J02 22/08/935 22/08/2339 H*M* S1 JMM02 J02 22/08/920 22/08/2359
        725 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1337 29 MCEIYIWC Of EXPQtT FCL COWTAINEIS AND LCI CAJtGO Bootkit/Mmc* tith SNP Vcylte Ett/ttr Nrtoi Fw To Frm *omva 40* a/nee n/aoo mm mm 22 woe a ivdw wttm amm 22/OTx 22/ww *oc warn m/mw ami »CI U.C0H am 2WOO /vwoe .vm* a 2VT7M 22/0*54 22*Woc .""OC 22 o*«
        1,337 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        183 29 Augaet 27 United Kingdom: Summer Bank Holiday Aacut 31 Malaysia: National Day Philippines: National Heroes Day Vietnam: National Day Canada: Labour Day Vietnam: National Day Holiday Bif«mlii 4 United States: Labour Day nmiMin is Japan: Respect for the Aged Day Mexico: Independence Day Japan: Autumnal Equinox Day South
        183 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        755 29 THIS report, complied by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single pricss far a mors comprehensive desci tptkai of the market Pricss shown are baaed on average•toad stem. Market movements an Indi cated. The Cockett Bunker Price I rater change
        755 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        361 29 CvftM *0 Ha N2J 03 BJ 0.1 44 0.03 0~*y Mar OmMw Ask III Si—lit Ho*owC2S 0 0 3 1 0 0 %M l 300 Aw WSJ 0.1 14.7 OJ* 17 0.02 ■bm 300 MM 990J OJ 17.1 040 40 0.00 wan %v* »mi m —w
        361 words
    • AIR & LAND transport
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        Lock icon Seoul transport minister quits after FAA downgrade
        312 30 Aviation safety downgrading comes asS Korea prepares to hold Fife World Cop finals next year Reuters [SEOUL] South Korea replaced its transport minister yesterday after the US Federal Aviation Administration (FAA) downgraded the country's aviation safety rating. The government has faced criticism for
        Reuters  -  312 words
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        Lock icon China Southern, Eastern seen turning in lower H1 profits
        622 30 Results hit hard by higher fuel prices, analysts Reuters [HONG KONG] Two of China's largest airlines, China Southern and China Eastern, are likely to post sharply lower first-half results due to higher fuel prices, weaker demand on international routes and lower
        Reuters; FILE PHOTO  -  622 words
      • Article, Illustration
        Lock icon Airbus expects China plane orders worth up to US$2.7b
        370 30 Bloomberg [TOULOUSE, France] Airbus SAS, the world's second-big-gest builder of large aircraft after Boeing Co, expects China to order as many as 50 of its jets worth as much as US$2.7 billion by year's end, a senior executive said. The European
        Bloomberg  -  370 words
      • Article, Illustration
        Lock icon CAL to buy stake in China Cargo Airlines
        164 30 AFP [TAIPEI] Taiwan's China Airlines (CAL) will buy a 25 per cent stake in Shanghaibased China Cargo Airlines. According to the Economic Daily News, the company's board was to give the final go-ahead for the deal in a meeting yesterday following an
        AFP  -  164 words
      • Article
        Lock icon BA, American should be forced to compete on transatlantic route
        611 30 Alliance proposal will prevent new market entrants professor Reuters [LONDON] Britain and the United States should block a British Airways and American Airlines alliance and force them to compete in a liberalised transatlantic airline market, a leading aviation academic said.
        Reuters  -  611 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1583 30 cm atw n« awi cn mmm mnm mm mam mm mm ww mm mm frnmrnm MB MM OHM Mi «U37 MS5 UM 229S «m mm mm mm mm mm aa MM BOM mm tumm mm iOltt 2045 _$0HB «Xi MMM WW ItalM" Ml m W OM
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      288 21 tall at market after FAA downgrade ofaviation safety BackPg jb Jmsia Pacific \M£ MMaritime 2001 i fj the Premier Maritime Event 11 J 1 i out to vital markets with Shipping Times, the Offidal Newspaper t* j BMP)**»• y ■■■■■L. s/a ac/^/c Maritime, one of the shipping industry's H most
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      517 22 I NORTH AMERICA f? QULF/INDIA SUB-CONTINENT HUWHSHUTTISBCPWBEWB) I [OULF KARACHI EXPRESS fQKX) 1 WT IM W VfSSE WT I JU I MM M W OOQKWTOt* ISWII M/M M/M M/M PtO WUOYIPMUIU 15/ M U/M U/M H/M ooq!™lu«k imm w/H m/m !!2! nomwmuuaA i« m/m n/oo ts/w 02/w jilliTkl-l 021 M/M
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      632 22 Unes services represented by f* Members of the Registry of Members of the wfjgffil Accredited Shipping Agents, S'W*** Logistics Singapore Shipping Association Assoc k*kxi f|«"— vnsa Tvoy Teu Tlu m p. turn sro« Mali Empress Lily VO7Ol 05/09 06/09 13/09 Princess lAy VO7Ol 22/09 23/09 30/09 Empress Lily VOBOl 10/10
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      612 23 > t TO USA (SAX SERVICE) vtssa vot smra ux out pal ~~hou m cot mi» m. mtc AftCTPtINI 1041 29/ 00 13/09 10/09 10/09 10/09 1»/W 19/00 u/w 20/00 20/09 Alt mm IOSf OS/Of 20/09 25/09 25/09 25/09 25/09 20/09 25/09 27/09 27/09 AftHOtIAMD 1021 12/09 27/09 07/10 02/10
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      1764 23 W MM T/Tll# MTJ JMMU I T/T 11} Ml I Mill T/T llt Mm I 00 Hi£ZS, e i„, 41 ""aSBMa IMIflTm ffffflt M»a»uK thjomuiiw ML i;-)SMin COSTU SNIPPING PTE LTD 5? o if?fL2fJi?L, SEISMS' SHE K! KmuAK omotoui o-mhuu CI NO; **********0 M TIL *****00 (MAM) (DO) *****14 23*5319/49
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      890 24 SENATOR LINES ■tommm iqampcihasmmm/mmma m_ i» I. I- Imsa m I m mlu, I [~jT~ NMRAMSMAIOM Mini lIM VM MM MM lIM lIM IIH NU MIM KM AIM MM mmMM MWaUZMm MHW KM IJJ* IMt lUt I4M MM WMW MIM* KM MM MM HM UM WW WW MI«W IM» IMt
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      617 24 P Ai MAft-ngLs wpfm wm Carrlei. M COUTH LNES, INC p.ouDMamanm Ljy VJ Qgwon—tT—urn 86M£ (064)31C179 MANLA: (632) *****24 PPOHQ: (04) *****38 BANGKOK: *62) *****67 SURABAYA: (31) *****11 P KBAMQ: fO3) 386M77 JKT (21)*****45 KUCH6IQ (082)*****1-3 KOBE/OS AJCA PIRAEUS MV "MED TAICHUNG" V.N 104 MV "CONTSHIP AMBmON" V.l 127 ETA
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      352 24 WEEKLY EXPRESS SAILING SCHEDULE nonowntocolmbo mm mrr icfs mum. mummq MJO MX9TK TO Ml MMTICm MB WESTBM EO FOm WW— Iwt trrwilcoiflMdiswd rwooiiM Icuuti WH» WHMMH MB lift VUK ISS9 HMMBSPMB MBKffiJMt *n» m MAfIUMEXMSS KX n» IJ» ■MBHSfiSm MKCMNn ni» lit mmhso soot i»» it» mum mm UW hum
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      1330 25 IVfSSB. VOY KMH HKO I SIN I PKi I PXO MI ToMM TIS MAN HORAAOZGAN PCI-221 21/0* 22/0# 25/06 26/0* W709 ***** 03/09 07/09 I*AN TEHRAN PCL-222 26/06 29/0* 01/09 02/09 09/09 10/09 12/09 14/09 MAN TA6ATAIAB P0.223 04/09 05/09 04/09 09/09 16/09 17/09 19/09 21/09 MAN KISMAN PCt-224 11/09
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      353 25 UK CONTINENT SERVICE Loacfeng tar NA2U G RDM/ATW/BMNAJK/LPL TINA t ROM/ATW/BMN/UK/LPL ATHMOULA RDM/ATW/BMNAJK/LPL Lotto £>W. Mtoayma. tndona— MIDDLE-EAST SERVICE Loading lor AL QAWIYYU JOH/AQA HATIME ANA JOH/AQA ALCESTIS Oei/ABU/DOH/BftN/DMP^/KWT PRABHUDAS DBt/ABU/OOH/BRN/DMM/KWT HENG SHAN Jf»VDMT/AQA •Loads Singapore. E7W MMayna. tadonsaa USA SERVICE Loacftng tor CUO PACIFIC CAM/NFK/SAV/NOL ASTROMAR M2ULAX/VCW/VCB JIN SHENG
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  • Page 26 Advertisements
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      1449 26 EX KMT I Bwssa/voYAg »"1 —\m[ b* 11» m wv B ■PiiwoiMWflPw aw iiw ivw ijw B BmUSOKMMOI VA» IVW IVW 17/W IVW AW I JiMMOIKMI# BW aw *2zw'?iw* I ■bbomyoomo aw ?i/W wm |aw| aw vm B CAST AND WIST MSMTUttANIAN/ftIACX SCA I Bextot I Ivßsa/yoTMi IV* w gha
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      70 26 tTM LINER SHIPPING PTE LTD IM. A 10 ANSON ROAD, #17-01 INTERNATIONAL PLAZA. SINGAPORE 0007 TEL: 22*133(20 UNES) TELEX: RS ***** LSSHIP WX; 22*113 BANDAR ABBAS ABU DHABI DAMMA.M BAHRAIN JBDDAU Kn'ADH awm am* i« Tkr MhUU* £m« ETA SIN MIDDLE EAST PORTS MM WW, DAM MAM, HMT, lAHUIN. DOW,
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      404 26 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL COWPMNW HHWCI w m m m m vm m m m m tnmm 4tt vmn/m \*/m rvam is n/mu/m nm T" n/» T www "m" h/mh/m ~vim nm jjm nm nmmum jcT i7/wt4/w |»/w n/m b/m b/mT FEEDER SERVICE TO INDONESIA j a
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      378 27 BSfl -k. M* MYANMA VBBBk FIVE STAR UNE f (MywHMK NoIWMI UM) w (nftij far Yo*9ol rasa vor sm pu pen poo MPA-AN 2SOW SU> ■OKU 4IW SID BMAYSIA MOTS: KWSTIAO SMPPM AGE3OES col m n-mimt «l m 03-*****111 rot TH 04-lit 1402 Pfilfc TH 07-*****11/4 BANK LINE (A Mrvko
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      1205 27 HMNEHYUNDAI MERCHANT MARINE CO., LTD. [was *w TjT SOO IWIBR I OT I HMI I ■>» |»BMI VOT |MR 131 I »M|OT|loWitv|JU MOT 109W 23/00 10/0» 12/00 IS/W 13/ Of ROKR3WW 0831 03/00 04/00 19/ V 31/37 ~T" 2T/S msaunow ooiw m/os h/o» is/oo w/w 11/39 10* a/07 01/01 04/
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      788 27 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE* IVPSa VOT KAf HBCHT ISKIUCI»0 I H I IMl| OP I ifTC I ttW I Q0»~1 UOP* Mil 17 4001 M US 20/00 04/11 07/10 09/10 11/10 12/10 14/10 11/10 10/10 ttUOOT AHIIO 4001 m LM 14/04 25/10 21/10
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  • Page 29 Miscellaneous
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      125 29 legend Issued by Meteorological Service Singapore RI Thunderstorm Shower* o >C\ R*»n Temperature Cpf Wind direction and speed in knots Cloudy Oa, Wealh U Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j Slight, <1 2m J —-One hall
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