The Business Times, 31 August 2001

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Total Pages: 38
1 38 The Business Times
  • 23 1 THE BUSINESS TIMES MiTA (P) 107/03/2001 Irternet: http. business-times.isial com.sg S I N G A P O R FRIDAY, AUGUST 31, 2001 85*
    23 words
  • 77 1 Dsn M&74 (-19.09) n™ mm (-6.46). St INDEX FUTURES U&JO (-3.00) BDBX9 FUTtJIES mjo (+0.20) STOCK MAJUSET INDICES Tfaunday Change KLSE COM? 187 Jf -L8I mm 236 1M8&4 -4 LSI HANG SENG 1141UJ +73J2 SET INDEX SLB—-C40 JAKABTA COMP 434J2 -IK MANILA COMP l,mt> 4J1 TAEPHWP! HUM -483
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  • 80 1 mum US* SI OSS (SS per OSS) L748 £(USS/SSper£) Ltto UM EUBO(CSS/SS/E) 0J07 L686 Ml 11*7 L2S4 YEN lttfl 6810 KM UN 1174 HKS 7 m 446 BAHT- 44J0 2134 KUPIAH 1068 6,187 •,SS to 100 units PUKE BATES SINGAPORE* 5.8ft KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK J50 MANILA
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  • 708 1  -  BTF^HMLWJ Fate of OUBAM's Optimix joint venture with ING also to be decided By Genevieve Cua [SINGAPORE] With the union of United Overseas Bank (UOB) and Overseas Union Bank (OUB) just round the corner, speculation is rife as to how their fund management arms will
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  • 573 1  -  Filipino tycoon a whisker from trigger level; has bigger stake than Cho Taw By Andrea Tan [SINGAPORE] Just as he wraps up the acquisition of Overseas Union Bank, United Overseas Bank chairman Wee Cho Yaw may have another takeover battle
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  • 528 1  -  HTiqmnm'fJ By Vikram Khanna [SINGAPORE] China's competitiveness could lead to the migration of some industries from South-east Asia in the short term. But that doesn't mean these economies will fall behind, especially if they open up further to foreign investment,
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  • 213 1  -  By Catherine Ong [NfeW YORK] The widelywatched Dow Jones Industrial Average fell briefly below the key psychological 10,000 mark in early trading yesterday as the clouds over the economy and corporate earnings continued to hover over the equity market The Dow
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  • Page 1 Advertisements
    • 67 1 mmi>E Top Stories ECB lowers interest rate to 4.25%, signals more cuts. Pg 16 for Beijing yet, says Disney chairman. Mmxt Pmgm CAD declines to say if it is investigating APP.PgB S'pore Power listing looks unlikely this year. Pg 8 US slowdown will not spell recession in Malaysia, says Dr
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    • 9 1 UOB yet to receive Bank Negara's nod, Pg 2
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    • 145 1 BANK MERGERS Conrad Raj on the inside story Next Page Sing Tel gets 93% of Optus; offer now unconditional 'Page 4 Koh Boon Hwee I .'4 V i Sing Tel justifies paying 50 times r Page 4 WM IBSHUIm. v <£ #5 > 8H- Jlffr J Fashioned lags! Vs> iOm
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    • 8 1 Next week: BT's full interview with Mr Fischer.
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  • NEXT page
    • 1312 2  -  The local financial industry is getting a new look. But before the changes unfolded, much drama was playing behind the scenes, as Conrad Rqj finds out Conrad Raj THE agreements were ready to be signed. The press releases just waiting for the numbers. Then
      FILE PHOTOS  -  1,312 words
    • 373 2  -  Offer far OUB tarns unconditional once blessing is given By Angela Tan [SINGAPORE] United Overseas Bank's takeover offer for Overseas Union Bank will become unconditional once UOB receives approval from Malaysia's central bank today for OUB's Malaysian operations, analysts said yesterday. Once the
      373 words
    • 459 2 July's rise is the smallest in 9 months; incomes jump 0.5% Bloomberg, Reuters [WASHINGTON] US personal spending in July showed the smallest gain in nine months as rising unemployment made consumers cautious about spending. Advance tax refund cheques caused incomes to surge. The 0.1 per
      Bloomberg,; Reuters  -  459 words
    • ON THE grapevine
      • 139 2 THE United Kingdom, like Singapore, is revamping its corporate law. The UK project, now into its third year, has been a mammoth undertaking. And one decision taken was to staff the numerous committees and task forces with as few lawyers as possible. Otherwise, according to Jonathan Rickford,
        139 words
      • 181 2 HERE'S another reason to cut down on red meat. Prices of pork—both streaky pork and the "lean and Cat" cut— have risen the most compared to other meat, poultry and seafood in the last decade. Prices of streaky pork jumped by 57 per cent to $8.64
        181 words
    • 454 2  - Mickey's not heading for Beijing yet: Disney chairman Eisner denies reports of a Bering Disneyland in time for the 2008 Olympics From Audrey Tan in Hong Kong WALT Disney chairman and chief executive Michael Eisner raised a few eyebrows here yesterday when he said that aside from Hong Kong Disneyland,
      454 words
  • Page 2 Advertisements
    • 34 2 TYEAKS Showroom arCwtrtpoftf **#r« sppi»ipc«w M# a>e delayed r typcai x<cf>gn 140 Paya Letoar Road #04-06 A-Z BuMing Singapore *****5 T»l *****88 Fax: (65) *****02 Showroom 176 Orchard Road #03-43F C«ntr»point Singapore *****3 *****88
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  • Page 3 Advertisements
    • 219 3 your own iUv^_Mfi k1 i 4IJ nSH|I ni i wW|c n 1 I^HfifmiJl f—t f%9 I F y Xl m 1j Hr K vm 1 l||H Bl s IP 9 f j J# HK .Ajg—hbmM^ J I U ir w |j| jHHpp sajMHKSBL jjj^L^|||| m WBLm 1 t Vfl v
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  • SINGAPORE companies
    • 471 4  -  Acceptances top 90% as CAW agrees to sell its entire stake By Teh Hooi Ling SINGAPORE Telecommunications said yesterday Britain's Cable Wireless pic (C&W) has accepted its offer and will sell all of its 52.3 per cent stake in Australia's Cable Wireless Optus to SingTel. This
      471 words
    • 256 4  -  Siow Li Sen THE Institute of Banking Finance (IBF) will set up a committee to ensure that qualifications and professional standards are maintained in the fast-paced financial industry. It said yesterday a standards committee drawn from the industry will provide feedback and advice
      256 words
    • 480 4  -  Optus' growth rate is much faster as it is a new competitor By Teh Hooi Ling SINGAPORE Telecommunications' former chairman Koh Boon Hwee yesterday justified paying more than 50 times for Australia's Cable Wireless Optus' earnings despite saying that Sing Tel was
      480 words
    • 535 5  -  Mark Motrins says S'pore should set example and probe the troubled group By Ven Sreenivasan SINGAPORE'S commercial crime buster declined yesterday to say whether it was conducting investigations relating to the troubled Indonesian-controlled conglomerate Asia Pulp Paper. Contacted by BT, a
      535 words
    • 404 5  -  RSAF Open House appears like dress rehearsal for those eyeing fighter tender By David Boey ST Aerospace, the aviation arm of Singapore Technologies Engineering, will showcase its capabilities alongside some top guns of the world's aviation industry at an air display at
      FILE PHOTO  -  404 words
    • 845 5  -  ven sreenivasan WHAT can minority shareholders do when a company disregards their concerns and queries. Not much, it seems. Let's take the case of locally listed CSA Holdings and Chemical Industries, both of which have been embroiled in long-running disputes with their minorities.
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    • 307 5 Bloomberg [JAKARTA) The Indonesian Bank Restructuring Agency (Ibra) is in talks to sell stakes in two industrial parks and a shipyard in the Riau Islands to SembCorp Industries Ltd. PT Holdiko Perkasa, an Ibra unit set up to sell stakes in over 100
      Bloomberg  -  307 words
    • COMPANY Briefs
      • 66 5 PETROLEUM industry hardware supplier Sin Soon Huat narrowed its net loss to $1.1 million for the year to May 31, from $5.6 million previously. Turnover rose 48 per cent to $73.8 million. Loss per share came to 0.37 of a cent, down from 1.86
        66 words
      • 58 5 SUPERBOWL Holdings yesterday reported a 54 per cent slide in net profit to $1 million on turnover of $16.9 million for the six months to June 30. Earnings par share fell to 0.66 of a cent from 1.31 cents, while net tangible assets per
        58 words
      • 79 5 COPPER foil maker Kingboard Copper Foil Holdings said the rejection of a credit terms mandate by shareholders at a special general meeting on Tuesday will not have an adverse effect on the status of trade receivables currently owed by its parent Kingboard Chemical Holdings. The
        79 words
      • 82 5 AFX HORIZON.COM said it has agreed to buy a 96 per cent stake in Quality Education Group Holdings Ltd (QEG) for about tL2S million. "The latest acquisition of QEG is the first step of our group strategy to strengthen and extend our e-learning business to Hong
        AFX  -  82 words
  • Page 4 Advertisements
    • 1330 4 pi a rn Hamburgische Landesbank CONDENSED BALANCE SHEET CONDENSED PROFIT AND LOSS As at 31 December 2000 ACCOUNT 31 for the Period from 1 January to 31 December 2000 2000 1999 Euro '000 Euro '000 December 31 2000 1999 Assets Euro 000 Euro 000 Liquid funds 64,836 388.314 Debt certificates
      1,330 words
    • 649 4 Spying claim by ABC baseless: S'pore, Pg 8 -/C/r-x-x /jSf\ t V| M AGRICULTURAL BANK OF CHINA (INCORPORATED IN THE PEOPLE'S REPUBLIC OF CHINA) HEAD OFFICE: No. Jia 23 Fuxing Road. Beijing China. Post Code: *****6 Tel: (010) 6847 5346 Fax: (101) 6847 5321 SINGAPORE BRANCH: 80 Raffles Place #27-20
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  • SINGAPORE markets
    • 185 6  -  WARRANT WATCH By R Sivanithy COMMERCE Asset Holdings has stood out as one of the Malaysian market's best performers in the past three or four months. A glance at the accompanying graph will bear this out the shares have risen from around RMS in May
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    • 209 6  -  HOT STOCK By Ven Sreenivasan THE stock of Thailand's second-biggest mobile phone company, Total Access Communications, has been sliding steadily for most of this year. It closed unchanged at US$l.74 yesterday on a relatively strong volume of 3.1 million units higher than the 10-day
      209 words
    • 572 6  -  STOCKS r. sivanithy WHEN an economy slips into recession and corporate profit growth grinds to a halt, investors usually turn to stocks best equipped to ride out the downturn. Traditionally, such "defensive" stocks include government-linked, cashrich companies that pay high dividends and
      572 words
    • 531 6  -  CURRENCIES This is especially so if the Dow lurches closer to test the 10,000 mark larry wee THE greenback managed a modest rally yesterday, but currency players were essentially treading water ahead of the European Central Bank's decision on interest rates
      Source:  -  531 words
    • 313 6 Slock* Volume UniFood HK25c 13,200,000 SingTel 15c 12,441,000 People's Food HGK 50c 11,641,000 GoWtroo5c 9,242,000 TPVUSlC 8,168,000 Cyber V»H 5c 7,294,000 Asia Food&Prop 6,721,000 PNEIndlOc 5,999,000 OUB 5,724,000 UOB 4,707,000 Stock* OUB 55,197,950 UOB 51,846,997 DBSGrp 37,972,560 VentureMfg25c 26,419,900 SingTel 15c 23,728,680 Chart Semiconductor 26c 21,098,200 City Dev 50c 17,218,000
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  • 2981 6 UNIT TRUSTS FUNDS Asset As4a Ltd Aberdeen Select Portfolio: Chin* OpportunitiesFd!** 0.866 0.910 Global MNCFd 0.655 0.688 Global Technology Fd!** 0.506 0.533 UK Blue Chip Fd!** 0.709 0.745 American Opport Fd 0.747 0.786 Cont Euro Eqty Fd!** 0.963 1.012 Japan Eqty Fd!** 1.022 1.074 Asian Fixed Income Fd 1.099 1.133
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  • Page 7 Advertisements
    • 183 7 I 1 19H j* I ii I Snß^ f /ATOf fit' nr ML I m\mw \i% V\ f k V.\ v'• 18r\ -A A| '^^WISjiiTIMATE Fashion Statement South Sea Pearl Harvest 2001 24 AUGUST 2 SEPTEMBER 2001. HAM BPM P... X earls. 7he ultimate fashion statement. Elegantly simple and radiantly
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  • SINGAPORE news
    • 530 8  -  By Anna Teo SINGAPORE has First World per capita income and a Third World income structure, some economists have remarked. But that's "not necessarUy bad", says the Department of Statistics. Singapore's per capita GDP of around U5523,000 in 2000 is higher than
      530 words
    • 581 8  -  It posts record profits of $1.3 billion, ROE rises to 9% By Ling Su Ann SINGAPORE Power (SP) is unlikely to go for a listing this year, despite posting record profits of $1.3 billion and boosting its return on equity (ROE) to 9
      ARTHUR LEE  -  581 words
    • 334 8  -  By Chuang Peck Ming THE Singapore government has again dismissed as baseless the claim repeated by Australian Broadcasting Corporation (ABC) that the Republic has been spying on the country, adding that the two countries should not see each other as threats. ABC in
      334 words
    • 307 8  -  By Kalpana Rashiwala JAPANESE discount retailer Daiso Industries will introduce its first "100-yen shop" in Singapore later this year at the IMM Building in Jurong East, sources have told BT. The outlet, likely to occupy about 13,000 sq ft, will be on the
      307 words
    • 435 8 HDB, USA to release the 99-year leasehold condo sites THE Government is making available for application two more sites on its reserve list. Both parcels have 99-year leasehold tenure. They are an executive condo plot on Segar Road in Bukit Panjang released
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  • Page 8 Advertisements
    • 1522 8 i BANKMANDIR^yCONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENTS OF PROFIT As at December 31,2000 and 1999 AND LOSS For the years ended December 31, 2000 and 1999 Rp Million ASSETS 2000 1999 Rp MHhoo 2000 1999 Cart 2,080,738 2,042,154 Income and Mpwm from opecettone Current Accounts with Bank Indonesia 10,940,330 7,980,447 interest
      1,522 words

  • Page 9 Advertisements
    • 124 9 Insured by Allianz With our wide range of health insurance products and services, we have you covered from head to toe. Even when it comes to the heart. Established over 100 years ago, the Allianz Group is a leading insurance provider, trusted by over 60 million customers worldwide. For personal
      124 words

  • EDITORIAL & opinion
    • 819 10  -  THEJHKgfe OPINION paul samuelson The writer is a professor of economics at the Massachusetts Institute of Technology IN connection with global economics, present and future, today's slogan must be: This is a time for watchful waiting" One likely scenario involves a likely near-term mild
      819 words
    • 62 10 The government thinks it can get away with telling us the cheque's in the mail. This has to stop. The nation can't take it any more.' Sylvia, Martinez an Argentine teacher, who has been striking with other public school teachers for over three weeks, after receiving only
      62 words
    • 658 10 EDITORIAL Malaysian Prime Minister Mahathir Mohamad has once again confounded critics of his economic policies this time by staving off thus far a widely predicted recession The US slowdown has hit exports of electronics a sector that accounts for 20 per cent of Malaysia's total manufacturing
      658 words
    • 1224 10  -  The Philippines' Harvard-trained Finance Secretary, Jose Isidro Camacho, talks to vhkAM KHANNA about how, after three years of economic decline, his country is turning the corner VIKRAM KHANNA The writer is BT's regional economics editor On ttie legacy of the Estrada years: In a way, what
      RICHARD CHNG  -  1,224 words
    • 776 10  -  COMMENTARY Massive job layoffs in Japan smack of a familiar note ft 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 THINGS are getting interesting in Japan all of a
      Bloomberg  -  776 words

  • REGIONAL news
    • LATE Briefs
      • 73 11 [KUALA LUMPUR] The wife of Malaysian banker Rashid Hussain has stepped down as director of his flagship, Rashid Hussain Berhad. No reason was given for the resignation of Suraya Abdullah last night She is the daughter of Malaysian tycoon Robert Kuok. Mr Rashid and
        73 words
      • 81 11 Bloomberg [MANILA] The Philippine government plans to sell as much as 300 billion pesos (5110.2 billion) of local currency bonds that pay no interest Finance Secretary Jose Camacho said, adding there was no schedule for their sale. It would be the first sale of its
        Bloomberg  -  81 words
      • 102 11 Bloomberg [HONG KONG] PetroChina Co, Asia's most profitable company last year, said its first-half net income rose 18 per cent as it sold petrol and diesel at higher prices. PetroChina said profit rose to 27.2 billion renminbi (555.7 billion) in the first half, or
        Bloomberg  -  102 words
      • 83 11 Bloomberg [KUALA LUMPUR] United Engineers (Malaysia) Bhd said it will team up with three other builders to bkl for the main civil engineering contract in the RM9 billion (Ss4.l billion) Bakun hydroelectric dam project UEM will take a 51 per cent stake
        Bloomberg  -  83 words
      • 77 11 Bloomberg [JAKARTA] PT Astra International, Indonesia's largest automaker, said its first-half loss widened 41 per cent as a weaker rupiah made it more difficult to make foreign debt payments. Astra lost 998 billion rupiah (Ssl9o million), or 395 rupiah a share, in the first half,
        Bloomberg  -  77 words
      • 91 11 AFX [MANILA] The Ombudsman has ordered the investigation of central bank governor Rafael Buenaventura and five other central bank officials for their alleged haste in closing down Urban Bank last year, Business World reported, citing a memorandum issued by Ombudsman Aniano Desiertoon Aug 17.
        AFX  -  91 words
    • 379 11  -  RK3b fiscal stimulus package will help sustain economy From Eddie Toh in Kuala Lumpur THE economic slowdown in the United States has affected Malaysia, but it will not be enough to drag the country into recession, said Malaysian Prime Minister
      REUTERS  -  379 words
    • 411 11 HONGKONG Reuters INDONESIA and Thailand will lead the recovery of Asian stock markets spurred by domestic demand and the region's increasing exports to China, Templeton Emerging Markets Fund said yesterday. "We expect the recovery to come in the middle of next year.
      Reuters  -  411 words
    • 336 11  -  From Harish Mehta in Bangkok THE Thaksin government will soon announce details of a major 58 billion baht (552.3 billion) spending boost for the rural sector as well as small- and medium-sized enterprises, which officials said is aimed at reviving the
      336 words
    • 435 12 BANGKOK Move part of network of currency swap pacts Bloomberg CHINA agreed to extend Thailand a US$2 billion credit facility, giving the country an alternative source of funds to protect the baht from currency selling by speculators, the TTiai finance minister said. The
      Bloomberg  -  435 words
    • 153 12 JAKARTA Reuters THE World Bank yesterday signed loans and grants for Indonesia totalling US$44B million, warning against corruption and urging the money be well spent. "The projects being signed here today.. .stress the importance of transparency in the use of public funds," Mark Baird, World
      Reuters  -  153 words
    • 275 12  -  Strong domestic demand offsets export slowdown From Al Labita in Manila STRONG domestic demand drove the Philippine economy unexpectedly higher in the second quarter, beating both government and private forecasts. Gross domestic product (GDP) grew 3.3 per cent in Q2, faster than
      275 words
    • 580 13 SHANGHAI Regulators come down hard on accounting firms Reuters CHINA'S regulators said yesterday they had sacked or suspended 63 executives and accountants for falsifying financial data and for a slew of other irregularities as part of a sweeping campaign to clean up corporate accounting. The
      Reuters  -  580 words
    • 143 13 BEIJING AFX CHINA'S government will continue to issue new treasury bonds this year and the next to try and offset the impact of the global slowdown on the economy, Zhang Liqun, a senior research fellow with the State Council's Development Research Centre
      AFX  -  143 words
    • 340 13  -  From Audrey Tan in Hong Kong THE Bank erf China (BOC) group yesterday said that its merger with 10 sister banks in Hong Kong will be completed by Oct 1, but chief executive Liu Jinbao declined to say when it
      340 words
    • 277 13 BOGOTA Reuters CHINA could enter the World Trade Organization as early as November, with only procedural delays remaining, WTO director-general Mike Moore said on Wednesday. Mr Moore said that political obstacles had been resolved and that the process of China's "accession is
      Reuters  -  277 words
  • FINANCE
    • 320 11  -  ST IndeY/MSGlS'pore Index C K Lau Refco Singapore SINGAPORE shares continued its downtrend yesterday on persistent earnings concerns and fear of a prolonged recession in Singapore. At the close, the benchmark Straits Times Index was down at its lowest in more than four months
      320 words
    • 235 11  -  MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks traded mixed yesterday with banking and insurance stocks leading advances as computer and chip stocks moved down. The MSCI Taiwan Stock Index shed 0.05 point, or 0.02 per cent, to end at 210.53, with the
      235 words
    • 225 11 London Reuters The euro received only fleeting support against the US dollar yesterday after the European Central Bank delivered a widely-expected quarter-point interest rate cut. Analysts said the cut in the key minimum bid rate to 4.25 per cent was likely to support the euro, given recent evidence
      Reuters  -  225 words
    • Article, Illustration
      1157 11 DfTERBAlfK CROSS RATES A ug 30 AS CS Ffr Pw Mtf t* fa HfUk Yen i B>Mh flu S$ land Sir MT$ Hmi OSS Australia 0319 4J94 0.584 1830 1142 4130 24.95****** 0334 1797 2.012 1205 ***** 27.112 1926 4.422 IMS H3M***** 0365 1529 Canada 1221 5367 0.713 1478 U95
      1,157 words
  • Page 11 Advertisements
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      46 words
    • 7 11 Malaysia in uncertain times, Editorial, Pg 10
      7 words

  • 1660 12 SICOM FUTURES Aug 30 IUBBEt(Mms dosfcq as at SJOpa) RSS1CONTRACT<Sc«*s/*) Clm ivlmm Open Moot* Mpfc Low Sett ft—i) latemt 01 wire Oct 01 103.75 Nov 01 104.75 Dec 01 105.75 RS$3C0NTtMT(1ficMls/hD Votaoe Opto MooO M* Low Sett (twos) lotortst Sep ot 55 450 Oct 01 57.00 57.00 5625 100
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  • Page 12 Advertisements
    • 384 12 Seminar Objective SAS 32 and SAS 33 Accounting for Financial Instruments how do they change your financial statements and risk management procedures? To provide participants with an understanding of how to account for Financial Instruments including derivatives and hedge accounting. The seminar will be based on case studies prepared and
      384 words

  • 7365 13 HONG KONG Vef Aug 30 HK$ COOP) Across Asm Multimedia —1 JO -0.03 0 Alpha General 0.03 unch 840 Amoy Prop 8-55 -0.0S 1485 Ananda MflngOn 0.00 -0.01 ***** Angang Nt» Steel H 0.75 -0.02 ***** AnhuiConch H 1.68 0.01 198 Anhui E«pr tsswiy H 1-28 -0.01 2306
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  • Page 13 Advertisements
    • 816 13 Budget. through this hard times. Our monthly rental starts $950 Proton Wira 1.5 (M) 960 Muda 523 1.6 (A) $1160 Mitsubishi Lancor (Now) 1.6(A) $1660 Honda Accord 2.0(A) $1760 Packaga includes tuM car rental mtvki. untmned m#»«ga basic murine*, road tax, sarv'ictng. raplecarnent car, 24-hr roedside asastanca, delivery collection $arv*cat
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    • 311 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ONG TEOW CHUIE A SONS (PRIVATE) LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Compony, which is being wound up, are requited on or before 14 September 2001 to send in
      311 words

  • e News
    • 294 14 SAN JOSE, California 200 to take part in scheme which will advance its wireless communications efforts Reuters INTEL Corp, the world's largest chipmaker, on Wednesday rolled out a new programme to help companies develop and market wireless Web applications, services and devices that
      Reuters  -  294 words
    • 349 14 PALO ALTO, California US sales on track, but Europe, Japan nnder par Bloomberg SUN Microsystems Inc. whose server computers run networks and Internet sites, said orders are lower than expected so far this quarter, making it difficult for the company to
      Bloomberg  -  349 words
    • E Briefs
      • 69 14 Bloomberg [TOKYO] Fujitsu Ltd, whose first-quarter losses quadrupled on lower chip prices, said earnings at its computer hardware business may fall short of estimates by about half as customers spend less on new equipment. It may have to cut its 40 billion yen (*****.6
        Bloomberg  -  69 words
      • 105 14 Bloomberg [MELBOURNE] Telstra Corp yesterday had its earnings forecasts lowered by analysts a day after it reported its full-year profit from operations rose 4.6 per cent to A 14.1 billion. Slowing sales growth, especially in the data and Internet products, prompted Macquarie Bank Ltd to
        Bloomberg  -  105 words
      • 59 14 Reuters [HELSINKI] Telecom equipment maker Nokia said yesterday it would team up with TietoEnator, the Nordic region's largest data services group, in research and development. Nokia will transfer 300 staff to TietoEnator, The staff will come from Nokia's networks equipment unit, which has already
        Reuters  -  59 words
  • Page 14 Advertisements
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      264 words
    • 581 14 ■hddqqqhkhhhhhhmi [PWI Lianhe Zaobao I I Branch GM I IZhu HuOoJ I new I business I strategies I I IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of CAKDMAX PTE LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE Of fINAL MEETING NOTICE IS HEREBY GIVEN pursuont to
      581 words

  • WORLD news
    • 514 15  -  July retail sales also fall 2.7%; Kyocera to cot 10,000 jobs by year-end From Anthony Rowley in Tokyo A SEEMINGLY unending stream of bad news on Japan's economy continued yesterday with the disclosure that industrial output fell by a worse than expected 2.8 per cent
      AP  -  514 words
    • 287 15 SEOUL AFP SOUTH Korea could face a worse economic downturn than the 1997 financial crisis, the head of the country's top think-tank warned yesterday. "In terms of cyclical aspects of the economy, we are in for hard times which might be worse
      AFP  -  287 words
    • 243 15 TOKYO Hefty loss a result of steep foil in share prices, now at 17-year lows Reuters JAPAN'S 15 top banks held a total of 1.89 trillion yen (5527.57 billion) in net latent losses from their stock holdings as of Wednesday, according to
      Reuters  -  243 words
    • 165 16 Reuters [NEW YORK] Charles Schwab Corp, the top US discount and online brokerage, yesterday said it was cutting up to 2,400 employees, or 11 per cent of its work force. Schwab, the latest in a long line of financial services firms laying
      Reuters  -  165 words
    • 575 16 FRANKFURT Severity of US slowdown 'underestimated' AFX-Asia Bloomberg THE European Central Bank (ECB) yesterday lowered its benchmark interest rate by a quarter-point to 4.25 per cent and signalled further cuts, saying the US economic slowdown is "larger, deeper, and lasting longer"
      AFX-Asia; Bloomberg  -  575 words
    • 398 16 LONDON They've bought US, European stocks; reduced Japan holdings Reuters GLOBAL fund managers are betting on a recovery in Western economies, buying European and US stocks and cutting Japanese assets, according to a series of Reuters polls of money managers released yesterday. The
      Reuters  -  398 words
    • 256 16 WASHINGTON Reuters THE hard-hit US manufacturing sector will start to recover this autumn and end a year-long haemorrhage of factory jobs before new hiring starts in 2002, the National Association of Manufacturers (NAM) said on Wednesday. In an annual report on the state of
      Reuters  -  256 words
    • 456 16 CHRISTMAS ISLAND But ship is overloaded and not able to move; stalemate continues AFP, Reuters, AP NEW Zealand yesterday hinted it might take some of the 434 asylum seekers trapped on a Norwegian cargo ship off Christmas Island as Australia and
      AFP,; Reuters,; AP  -  456 words
    • 434 17 DEARBORN, Michigan Move follows first quarterly operational loss in 9 years Bloomberg, Reuters FORD Motor Co cancelled this year's bonuses for chief executive Jacques Nasser and the rest of its top 6,000 executives, following the automaker's first quarterly loss from operations in
      Bloomberg,; Reuters  -  434 words
  • Page 15 Advertisements
    • 881 15 T* adrtrtitt call tali-free IBM 741 IM3 ImU rccnrits»spkx«aj| IN THE MATTER Of THE COMPANIES ACT, CAR SO ((Section 290<2|1b)) AND IN THE MATTE* Of KEIAISHA TRADING (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS At an Enlroordmory General Maitina of tha Company held oi 1 Choi Chee
      881 words
    • 744 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEA-UNO LOGISTICS SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 200 Cantonment Road, #10-00 Southpoint, Singapore *****3
      744 words
    • 750 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INC BAIING INTERNATIONAL PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 9 Raffles Place •194)2. Republic Plaza. Singapore
      750 words
    • 730 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OB HOLDINGS PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 230 Orchard Road #07-236, Fiber House, Singapore *****4
      730 words

  • 2461 16 BONDS A WARRANTS Aug 30 ■I (nb Html Lot U-«Mk Lot «al toy U1H11I1 tog C— U*r Mk 1Mb M# la> S*i «er- rw1 mk l* M (MM Ma Ma Saar**2 U« 39 5 26 i ASTI******1 i -28.5 0.5 71 28.5 28 28 28.5 28 26.4 1
    2,461 words

  • 7783 17 SGXMAMBOARD fir «r MM SHft 1M \M Day LaMQw** Mr Oh VM MM *1 mfc u» ciajiif s* w- r—< w# u» a— cw w MULTI-INDUSTRY 143 35 c Aorta SOc 37 undi SO 37 365 36 37 as 19-9 0.7 9.7 642 36 41 S c Alliance
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  • Page 18 Advertisements
    • 474 18 Fujitsu Intel® Server PRIMERGY Multi-purpose Net-Appliance Platforms Net-Application Engines primergy TSI2S PRIMERGY 8125 1 way server 1 way server Intel® Pentium® 111 Processor 933MHz/IGHz Intel® Pentium® 111 Processor 933 MHz Celeron 766 MHz 1 28MB/4 GB 128MB/1.5G8 2x 9/18/36G8 SCSI H 4 x 9/18/36G8 SCSI 2 x 40GB IDE HDD
      474 words

  • Page 19 Advertisements
    • 98 19 See EL 2 Better Sleep Through Science. -IMMOV' sot THU-T C U rn 100 bi-jtfa ««.*< ••«09Sh Sifiajpor* jir t.iv <*> You need the j rirjht support to stand the test ol time The Simmons Bachcare llltimat«> mattress series is designed to in < n n n»i« t l| M
      98 words
    • 32 19 INSIDE I|l9H I 4 Travel Vibrant Chicago EL 3 Biz Woman Wee Chen Yen: Good wine sense EL 4 Pursuits Do your bid for charity EL 6 Epicure Fashionable Spring EL 8
      32 words

  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • 755 20  -  QFFrrrmTn Whether yon are a fish or a person, where yon stand in the overall food chain will determine yonr lot in life. Either yon're meant for the cooking pot or yon're meant to rule the seas jaime ee I WOULD like
        755 words
      • 1456 20  -  COVER STORY Reports by Corinne Kerk A YEAR ago, few would have guessed that the pin prick of the dotcom bubble was to herald more serious economic troubles, causing wounds to be sustained across industries. The advertising fraternity, for one, was then short of
        1,456 words
      • 538 20 AS the rest of Singapore frets over the poor economy while at the same time wondering if they should buy a new car given the lower COEs the country's advertising industry is trying hard to put an end to heated discussions on a
        538 words
      • Article, Illustration
        293 20 7 'm not aware of us being a laughing stock internationally. I don't think anybody can be bothered to give that much thought to Singapore as to stop and laugh at us. But I will say that there is definitely an issue here.' —John Borzi, managing director,
        293 words
      • 1111 20 EUGENE Cheong's boss has a lot of nice things to say about him. But Tim Isaac, vice-chairman of Ogilvy Mather Asia Pacific, also noted that he "can't necessarily express his thoughts as articulately in (spoken) words". Let's stop there, because it is so true. The
        1,111 words
    • TRAVEL
      • 999 21  -  betb jutes is bowled over, not by strong winds, but by the city's wealth of attractions BETH JINKS SURPRISINGLY for a city that all but burnt to the ground in 1871, the rebuilt Chicago has managed to earn a reputation as one of the most architecturally-inspired and commercially
        CITY OF CHICAGO  -  999 words
      • 234 21 RECENTLY made irresistibly accessible by Singapore Airlines, which offers three flights to and from Chicago's busy O'Hare Airport via Amsterdam each week, die jewel in the crown of the Midwest United States is already luring near-capacity plane-loads. Chicago is SlA's fourth US destination following New York, Los Angeles
        234 words
      • Article, Illustration
        153 21 UPON arrival, quality accommodation is not hard to find. Chicago's newest luxury hotel, The Peninsula Chicago, promises to rival some of the more established names in the city. Opened in June, The Peninsula Chicago i» still undergoing some finishing touches, but is ideally located on the doorstep
        HEDRICH BLESSING  -  153 words
    • BIZ WOMAN
      • 1065 22  -  Wee Chen Yen tells ui-hoox how she matured her business into an established distributor of Australian wines CHEAH UI-HOON Sometimes it pays to not know so much about the business you're going into before you venture into it. For Wee Chen Yen, who set up her own
        RICHARD CHNG  -  1,065 words
    • CINEMA
      • 554 23  -  The fight scenes in 'A Knight's Tale' will thrill the men. Bat for the ladies, Heath Ledger's the eye candy By Tan Hwee Hwee A KNIGHT'S Tale is a medieval MTV movie. If you're thinking—"that's a weird mix" you'll be right. The movie strains too
        554 words
      • 574 23  -  The chase caper starts ont slow but, once it builds up a bit of momentum, it's pretty much unstoppable By Susan Tsang CATS may rule and dogs may drool, but when it comes to comedy, the humans still do it best. Rat Race
        574 words
      • 345 23  -  The film fails to make fall use of its amusing ideas, no thanks to the hnman who wrote the mangy script By Susan Tsang CATS and Dogs is built up around a basic premise, that cats and dogs have been locked in a battle
        345 words
      • Article, Illustration
        1438 23  -  Bj Susan Tsang THIS week's menu has shrunk, with a children's cartoon and a local movie the only new fare on our screens. A Sharp Pencil aims for style as good-looking, rich, bored young people try to relieve the unbearable lightness of their lives with a little robbery.
        1,438 words
      • 87 23 Cathay Qoldtn Villa®# Stiaw Causewiy Point *****88 24-hr easy booking: Batetier Orchard *****74 1900-912-1234 Century Cathay Movie Una 235 1155 Bishcn Boon Lay Sho u re g &***** m k 225?"* G pSS Jurong *****63 BngWaH KmlLc T innn Rahrn *****24 Empress *****67 J*?*" 8 Tiong Bahru
        87 words
    • PURSUITS
      • 887 24  -  A global online charity auction by Chivas to celebrate its 200 th anniversary allows you to be indulgent yet altruistic, tax hwee hwee looks at what will get you clicking TAN HWEE HWEE GET ready to bid for the time of your life. From Sept
        FILE PHOTOS  -  887 words
      • 578 25 Lukewarm response from radio stations and listeners to tune from his latest album after long hiatus Reuters [LOS ANGELES] Michael Jackson's longawaited return to the airwaves with the release of a new song from his album Invincible has not been as "thrilling" as
        Reuters  -  578 words
      • Article, Illustration
        739 25  -  The '70s band can still fire up the fans. EAmrax CHANDRA* finds out in a Perth concert KANNAN CHANDRAN Kannan Chandran is a freelance writer THE old warhorses were out in full gallop, stretching still supple limbs and showing no signs of wear and tear. At the Perth
        739 words
    • EPICURE
      • 709 26  -  Haru impresses jaime be with an interesting new perspective to Japanese food, and the painstaking presentation of its dishes JAIME EE ONE Fullerton is shaping up as a very attractive dining and clubbing spot thanks to its wide variety of outlets that appeal to a wide clientele. In
        709 words
      • 207 26  - Celebrate with special menu gypsy music CRAVINGS -By Corinne Kerk WHAT do you do if you really like a band? Get them to play at your restaurant and create a special menu to go with the music, of course. That, is precisely what L'ecole Gourmande at Far East Square is
        207 words
      • 370 26  -  -By Cheah Ui-Hoon THOSE who want to touch base with their Peranakan heritage in terms of cuisine can check out chef Violet Oon's creations ai Shangri-La Hotel's coffee garden from today till Sept 9. Chef Oon's cooking shows a mature hand her dishes don't give you that
        370 words
      • 792 26  -  Chef Jereme Leung gives traditional dishes a modern twist but retains their nniqne identity By Cheah Ui-Hoon JEREME Leung might be a chef of the "old school" those whose climb up the culinary ladder starts with cutting vegetables but he has since graduated into
        792 words
      • 906 26  -  WINE Philip L&ffer explains what separates Jacob's Creek from the rest By Geoffrey Eu AS a purely geographic feature, Jacob's Creek is a modest trickle that hardly merits a mention. From a wine industry perspective, though, it runs far, wide and deep a raging torrent
        GEOFFREY EU  -  906 words

  • Page 21 Advertisements
    • 177 21 IM, HHfIHHHi mmmd M *S I I 1 H MU I ■Manchester Est- w Kfik^k £*i]£ aBH 3*5 I Inraim 9 It SB e life IBh By»H l 3p?-. |m 4K|jfl Sift" 1 IP IM life Stockholm IB l^, 57 international destinations, all served by our premier crew. If Emirates
      177 words

  • Page 22 Advertisements
    • 747 22 ?Woi !tuu v-vMk SaTriTbn FE9M^^| French Bistro, Cozy Ambience. Specialties: Oyster, Salmon Escargot Reasonable Price Friendly Services. Rsvn: 835 0238 *^7T Specialists' Shpg Ctr, #02-38 (Orchard Rd, Somerset MRT) j^fiSSaiSr Where to wine, dine and entertain.^ Giulio and Antonella don't always aqree But for unique Italian "trattoria Style" cooking, there
      747 words
    • 85 22 Enjoy Authentic VIETNAMESE FARE at Chatterbox Coffeehouse 29 August 9 September 2001 A-la-carte and set menus at $28+++ per person are available for lunch and dinner daily. Coff*«koa*« U« llmi 3__'_ HI <*• i nfiQ 333 Orchard Road. S-ngjporr *****7 W: 737 4411 *K732 2361 CjILORIA KI)WAK I>H Enjoy real
      85 words
  • Page 22 Miscellaneous
    • 312 22 CRYPTIC CROSSWORD ACROSS drivers (4-4. 6) 1 Advantage o4 decentralisation? 2 Peruvian in gaol (5) (g j) 3 Gang leader getting on with 9 Engineers having a job remem- Australian miner (4-6) benng (9) 4 Short and snappy (7) 10 I left one across, if sto do with 5 Mean
      312 words


  • Page 24 Advertisements
    • 417 24 MAKE THE HEADLINES la tedtf'i fm-yorf wsdj frttmg the swy idtud and Than Khai Vfm the Eieainvt Vice Pltsufcm of the Mariocring pHjJwj tmaic* 1 ff' 'if 'if) ***tV Dmboo to Saigymc Prat HnlHinp. He ha 29 yoo rf<4diacc the media it die key. d* *p«B of marketing and communication.
      417 words
    • 99 24 I (X of the most promising artist from Indonesia, Hidayat is recognised by collectors J§ all over the world. This exhibition is the biggest ever held by the artist who will grace M the opening this Saturday Sunday only. HHH Born in 1969, in Indramayu (West Java), yi s >
      99 words

  • Page 25 Advertisements
    • 16 25 HOME NEEDS The Straits Times Classified. Classifications 90 120. CA Bay It Sal h. Find k.
      16 words
    • 273 25 IhF m K memajninc [I J J SEATS BOOK NOW: p44 wo. M reputed as the most September 2|fl :iC*M c! "I I "modern Jazz" BJubitoe HaMW-pa* MM; mmkj artist in the world *f£Z3b MM* a lbum "When |A Loo* Your almost 2 million copies special telecast airs on sdn*
      273 words
    • 142 25 Experience and discover the warm hospitality at the > Golden Landmark Hotel Singapore I* located in the Heart of a Historical District close to Bugis MRT and SUNTEC Convention centre and all major shopping areas like the Bugis Junction and Raffles City Shopping Centre. Enjoy quality superior service with the
      142 words


  • SHIPPING TIMES
    • 266 27 Reuters THE Baltic Dry Index (BDI) fell six points to 949, the Baltic Panamax Index (BPI) lost four points to 998, the Baltic Handymax Index (BHD shed one point to 7,735 and the Baltic Capes ize Index (BCD was down 16 points to 991. ♦Arethousa—(built 1999) 171,779 dwt
      Reuters  -  266 words
    • 222 27 mm %+m CWT DWrikution 0.40 0,04 175 Siiil» (IW MMk M gwM>wg>ww«,..o,|? on zz MCHoWkig*-HK 3jt0 uncn 0 jayaHaMngs 0.15 unck 0 Km-Cmp US -0.02 M4 1M unck 0 Kappa! iStT. LOO unck 0 LakrovMarto* 0.20 «neti 0 Matatoct 0.36 wet) 0 NOL 1.00 unck MM Owry M
      222 words
    • 509 27  -  The port business will be used as 'bridge', says logistics head By Donald Urquhart [SINGAPORE] PSA Corporation will tap its expanding container terminal network around the globe as a "bridge" to expand its logistics operations said a senior executive recently. Speaking to
      509 words
    • PORT Shots
      • 72 27 Reuters [WELLINGTON] New Zealand port facilities operator Port of Tauranga on Wednesday reported a record net profit of NZ522.41 million for the year to June, driven by strong growth in dairy exports. The result was up 14 per cent on the previous year's
        Reuters  -  72 words
      • 128 27 [SINGAPORE] Canadian Pacific's container ship operator, CP Ships, is moving the management and support offices of subsidiaries Contship Container lines and ANZDL to Tampa, Florida, from Virginia Beach, Virginia and Santa Ana, California respectively. Two other CP Ships subsidiaries Lykes Lines and TMM Lines are already
        128 words
    • 489 27  -  The Santa Alina is on long term charter to P&O Nedlloyd By Beth Jinks [SINGAPORE] The tenth of 19 newbuilds ordered from South Korea's Samsung shipyard by a single Hamburg container shipowning company was christened at Singapore's Tanjong Pagar Terminal yesterday. The Santa Alina
      489 words
    • 261 27 Reuters [TAIPEI] Taiwan's foundering China Shipbuilding Corp is a leak on state coffers that the government aims to plug with a harsh restructuring and hopefully put the wind back in the sails of a nearly abandoned privatisation plan. The bitter remedy may not be
      Reuters  -  261 words
    • SHIPPING news
      • 765 28  -  ADMIRALTY CASEBOOK By Selva Kumar COULD a carrier exercise its lien over a shipper's goods and detain those goods to secure monies owing to it by another party for whom the shipper acted as an agent? This is the question that
        FILE PHOTO  -  765 words
    • 248 28 PACE AUraokM 10 AppensMp 5 Assets 5 Avant 10 B'UnqMe 6 KA 7 BSC 9 in to Balaji 4 Batamndo 9 Bayswater 10 CCHI 1 CMACCM 3 COSCO 3 Central Ei 6 Ckahaya 10 CNMSDM 5 Confer 10 Siipq 10 Cotony Loq S Cougar 7 CVTOoMM 7
      248 words
    • 10245 34 THEBUSINESSTIMES Page 8 EX PORT Friday, august 31,2001 ETA ETA Advacttnf Vassal Voyage Telephone SjJ^Dajrnttom^^^^^Nam^^^^^^^Niajge^^^^MgJbe^^ To ABIDJAN (ABJ) 2003 Cot* D'I voir# Mm 8/0 Delmas DCLMAS FORBIN UIW 45-*****44 B/0) */B Kim Hung HARMONY CONTAINER HRB4S (5-*****33 11/0) B/B Setramar VILLI DE LIMA 392W B-TO033 b/m 24/a cosco
      10,245 words
    • SHIPS IN PORT
      • 736 37 V«sm< Voy Mo Btrth ArrhrO Dtpartun iilNil Mb 2103 JO 30/08/7:25 31/08/000 Smtn 9 3 JOT 30/08/8*0 30/08/1400 tteuTs 084SOI J03 30/08/7:10 3G/08/220< layswMarlO M1209 J02 30/08/7J5 30/08/000 SwtocoO S3833 JO 30/08/7:45 30/08/1400 MID SM09 J17 30/08/9* 30/01/15.00 AM 202 30-Am JO 30/08/1055 30/01/1700 PaOMM JM803 J02 30/08/1000
        736 words
      • 1296 37 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Booklnq/BaUnct Hth SMp Voy Mo Etb/Btr Nrto< froMi To Frtw uudham can i/*oo a amoo n«) amoo a «ATOO JO«MI worn .•1 .«t->0C *V065« J 3C/0*0C KA40C 4 Nriat MM* H/ITW iauu vw. ?vwoc ™*oc J <_'C "X Kj-* jC,"HOC
        1,296 words
      • 204 37 Aagnst 31 Malaysia: National Day Philippines: National Heroes Day .1 ir 3 Vietnam: National Day ■ijtirtir I Canada: Labour Day Vietnam: National Day Holiday ir 4 United States: Labour Day nijtwiirU Japan: Respect for the Aged Day Mexico: Independence Day Japan: Autumnal Equinox Day hpMtarM South Africa: Heritage
        204 words
      • 753 37 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description at the market Prices shown are baaed on svera®esixed stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        753 words
      • 427 37 Carta* I MOKb 902J OJ 6.9 0.07 71 0X3 taf 23 Daafty Mtw BhMm A* AtaaOataa Mhl Ho 40om £25 0 0 3 0 0 0 rr=- 300 am *ox oj bj oxo o.oz tun 3M Ha 990X 0.7 *.4 0.H 40 0X0 «*n %w %*M
        427 words
    • AIR & LAND transport
      • 247 38 Qantas executive general manager of marketing, Denis Adams will be CEO of Australian Airlines AP [SYDNEY] Australia's biggest airline, Qantas, said yesterday that its proposed new cut-price international airline would be called Australian Airlines, and is expected to start operating on routes
        AP; REUTERS  -  247 words
      • 51 38 [MALAGA] A crane removes a CN-235passenger twin propeller aircraftfrom a national highway where it crash-landed some 200 m from Malaga airport, Spain, on Wednesday, killing four people and injuring some 25 others. The plane was travellingfrom Melilla, a Spanish enclave in Morocco, to Malaga. I
        AP  -  51 words
      • LOG Book
        • 91 38 AFX [HONG KONG] EVA Air is likely to enter talks with China Southern Airlines Co over cooperation, the Hong Kong Economic Times cited sources from the China aviation sector as saying. The comments came after China Eastern Airlines announced that China Airlines is expected
          AFX  -  91 words
        • 98 38 [NEW YORK] Discount airline Jetßlue Airways on Wednesday said it had entered into an agreement with. Travdocity.com to provide online marketing and sales at its tickets and services. New York-based Jetßlue said the deal allows the airline to better promote its brand through the Internet.
          98 words
      • 188 38 Bloomberg [ROME] Alitalia Cargo, the freight unit of Italy's national carrier, said it has joined Sky Team Cargo while settling into its alliance with Air France SA and Delta Air Lines Inc. Alitalia's three cargo planes, a Boeing 747-400 and two Boeing 747-200 freighters, have
        Bloomberg  -  188 words
      • 288 38 Reuters [AUCKLAND] New Zealand airport operator Auckland International Airport Ltd yesterday unveiled a 16 per cent rise in profit for the year to June, and forecast further growth ahead. It announced a net profit after tax of NZ$59.l million (Ss46 million), up from NZ$5l.l million
        Reuters  -  288 words
      • 256 38 Bloomberg [BANGKOK] Prime Minister Thaksin Shinawatra said a Thai Airways International labour union and the carrier's pilots agreed to end a dispute after he stepped in to mediate. The disagreement arose after the union accused the pilots, who were asking for a pay
        Bloomberg  -  256 words
      • 455 38 Expected move follows Pratt Whitney complaints AP [BRUSSELS] The European Union is expected to launch an investigation into whether the millions that Rolls-Royce pic is getting from the British government to develop engines for the new Airbus superjumbo constitutes illegal state
        AP  -  455 words
      • 243 38 Dow Jones Newswires [NEW DELHI] India's Tata Group is lowering its valuation of state-owned international airline Air India, reports The Times of India. It quoted an unnamed Tata official as saying the valuation will determine if Tata makes a bid for the
        Dow Jones Newswires; FILE PHOTO  -  243 words
      • 1468 38 gr mow n« mow ni um 5S 25 *to2 MIT Kg "lo?S ttis LH «Z24 2020 .S0t2B .'O.'C so?« n*, bmm* mm mm mm ma BMMtWI tftrnm tm 0055 0*K Mn MO MM no SOW MZO B4Z2 70C mat 2QB woo m mmmn as iw am
        1,468 words
  • Page 27 Advertisements
    • 11 27 Admiralty Casebook Pg2 Qantas'new budget airline to fly next year BackPg
      11 words
    • 147 27 Asia Pacific Maritime ——..gi r* V The Premier Mafltime^Event Worldwide Industry Recognition... >V ,v V \V; 400 exhibiting companies from i v 7 35 countries Atia Pacific 1 W-J J MARITIME j V country groups including V Australia, China, Germany, Italy, t Netherlands, Norway, Singapore, South Korea, United Kingdom and
      147 words

  • Page 28 Advertisements
    • 727 28 ma. BUS |»octom \mmm |<nmo|—ra to AttAPrwiiii OOQKWrOM lOOS 20/ M Ml I 14W lIW M lIW lIW 22W I TTZ I I I OOQitfU S3U4 04/ M DS/W I 21/W 2VW HW H/W 24/01 2IW ■\c *2! ,1 21 OOG. KIMBUWS 31E37 lIW 12W I »/W 02/10 03/10 03/10
      727 words
    • 567 28 Unas MrvioH represented by fgdßjkA Members of ihe Reg«lry of 9 Members of the \WfiJ9sl Accredited Sniping Agents, Singapore Ujgistics Singapore Shipping Association Associcrtion conuunbs/ CONVBmONAL CAKO VW ETAPKL ETA SIN ETA MALE >■» t»l M Ml |(i Ml M M WW LIU MAHNE SERVICES SSSFS rtwIXlMMMte IteSMTM 9CANCHAIT AGENCIES
      567 words

  • Page 29 Advertisements
    • 713 29 TO EUROPE FROM EUROPE rasa vot si m w mi w an iai~l Ivtssa voy m wmi w sou Iw sw ■01 MAS S4SW 31/ M 14/09 11/09 21/09 22/09 MNMNBtt 111! 12/00 10/00 14/10 11/00 HYUNDAI IMraOt 3SOW 92/09 22/09 20/09 24/09 HTGSBUI 332 11/ M 11/ M IS/OS
      713 words
    • 1831 29 it mm i t/t>iimys jfr Kmm I/T iii mti V MIU 1 T/TiISMYt J SISSSfISJi"* SSjS£R<l. fc as/ 4 1 1 WfKI 1 MSJtOMW lE.O7BMIU ML liuain COSTAR SHIPPING PTE LTD SiW o ,t#MW outwuio(b/l) atosbol 23i5325/7S pott klamg 03-***** am rnrtitt d NO: **********0 M TIL 7741W0 (MAM] MMM
      1,831 words

  • Page 30 Advertisements
    • 871 30 SENATOR LINES J«i vw w Ml wlw M 081 WT m mi m m mm I naoMjauToa hi»w tut iu» iam I7M iu» Imm mm amidmm mum iim tut mm ism iam I NAHM SAVANNAH MttW lIM BM 23M MM 21M MM AISAMNA MIMf MM ISM lot tl* 2LM fWWASN
      871 words
    • 664 30 Carrier: MM COHTH LMHES, MC P.ouoANQ^sems 1 IXV J MHIO.IMWvmmm 9»U: (064) ****** UANRJk (632) *****24 V PENANQ: (04) *****36 BANGKOK: (661) *****67 SURABAYA: (31) *****1 P. KELANQ: (03) 668M77 JKT (21) *****46 KUCHNQ (666) *****1-3 INCHOK/SEOUL VIA BUS AH PIRAEUS MV "KMTC HONGKONG" V.112N MV "MkO NEDLLOYD LA SPEZIA"
      664 words
    • 376 30 WEEKLY EXPRESS SAIUNG SCHEDULE WESTBOUND TO: COLOMOO MM* SHE* (CFI HUM. MUNMf) ALSO ACCEPTOR! TO ALL NORTHEM ANO WESTBW CO PORTO vtssanam Ivor (s-n»i|anoMdiLaffd n—cw loo—ltm »«> wow NAfIUMBPIBS KM OJ® l?» MMNQWSEVn RKCONfOIT vim m Mfosa saw use hot ■mbmrr ixmumm SMBRWIN WS IAHMWDmBS Im 17® ft® HUD BIRW
      376 words

  • Page 31 Advertisements
    • 1112 31 A Great WAY DUBAI PERSIAN GULF WITH IRISL AGENT M SMGAPORE AGENT M MALAYSIA AGENT M MDONEStA SMOSE MAittTME PTE LID CR NO:**********0H BOUSTEAD AVPMG AGENOES SON. BHD. PT. SMOSE CONTI PERSADA TBUMOIIT* FA* *****81 KL TEL: 03-*****300 FAX; 03-*****682 TEL 82-21-*****33 MSL REP ORECTTTL22S693B PEN TEL: 04-*****15 FAX: 04-*****07
      1,112 words
    • 375 31 UK CONTINENT SERVICE Loadng tor TINA 1 RDM/ATW/BMN/UK/LPL ATHMOULA RDM/ATW/BMN/UK/LPL OCEAN TRADER RDM/ATW/BMN/UK/LPL Load* S>nq«por», EJW Matoym Inrtnn— MIDDLE-EAST SERVICE Looting tor ALQAWTYYU JOH/AQA HATIME ANA JOH/AQA ALCESTIS DBVABU/DO»VBRN/DMM/KWT PRABHU DAS DH/ABU/OOH/BRN/DMM/KWT HENG SHAN JOH/DMT/AQA EFFY NORWAY DBI/ASU/DOH/BRN/DMM/KWT •Lood» Singapore, E7WMataywa. Indonewa USA SERVICE Loving tar ASTROMAR MZL/LAX/VCW/VCB JIN SHENG
      375 words
    • 870 31 wmmm/w /mum/mm* mmmmrnrm/umamm vpsa im mo WW MJ —Jg ®—«£r imiM nm iw ihm in? -im—aat- BfflflK i M imam MM I w/w Inm \ry* am >mi_ W tF JT JISI ma— MM I H/M I »/M I B/ll M/ll M/lfl gIMNNr* <0M M/M IVM m Cjßwf BANQiCOIC (iri> A
      870 words

  • Page 32 Advertisements
    • 1036 32 EXforr ygsa/voT/tg Iwl \m |nr|i» la luw ■niiMiaiHKMi w hw u/9 n/n mtmimmm iaw 2wT aw hw j*w vn PUNrioiiioi* t IM» 3K» mvoimmm i»w |wt ww w/w qyw ovw~ AI« *«)nwu>«AN/»tAa( «1A sror moLftrtm [nula»lrel km I vu ns~ memmmwm ovw aw x/n ww nm aw os/io mcanroiiMMw ivw
      1,036 words
    • 414 32 ItM&SF SINGAPORE PTE LTD 15 McCaJlum Street #03-01/02 Natwest Centre Singapore *****5 Tel: (65) *****73 Fax: (65) *****66 Email: general9ecusin.eculine.net Website: http://www.eculine.net Johore Bahm Office Tel: (07) *****18 Fax: (07) *****62 INTRODUCING OUR WEEKLY CONTAINERISED SERVICE TO I ECU LINE SINGAPORE, LINKING THE WORLD JUST FOR YOU. For Bookings Call
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  • Page 36 Advertisements
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  • Page 37 Miscellaneous
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