The Business Times, 7 September 2001

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Total Pages: 46
1 46 The Business Times
  • 16 1 THE BUSINESS TIMES MIT A ID\ Intemeu i iup://business-times.asial .com.sg/ SINGAPORE FRIDAY, SEPTEMBER 7, 2001 85C
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  • 83 1 sn UO&OO (-14.52) km mvtk (-9.43) ftj ST INDEX FDTUBES mm urn (-7.00) satsa FUTUBES IMJO (-0.90) STOCK MARKET INDICES Thursday Change KLSE OOMP 688.00 -990 NIKKEI 225 10,660.33 +5 L54 HANG SENG 10,664.32 -27&82 SET INDEX ***** +436 JAKARTA COMP _44&69 +6.46 MANILA COMP 1,***** +29.41 TAIPEI
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  • 88 1 FOBEX BATES USS 8$ CSS (SS per CSS) 1.753 £(USS/SS per 1.462 1M6 EC80(USS/SS/E) 0.884 1.549 DM 2.213 1.263 YEN 12U 69.20 RM 3800 2.168 HKS 7.800 4.451 BAHT 44.51 25.40 RCPIAH 9,080 6,181 *S$ to 1W units to HKt nnifjt PRIME KATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA
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  • 828 1  -  It's expected to pay up to USs6oom for 22% stake in PT Telkomsel From\ Shoeb Kagda in Jakarta SINGAPORE Telecommunications is believed to be close to buying a 22.3 per cent stake in Indonesia's biggest cellular phone operator for between US$5OO
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  • 536 1  -  pilexcTusive Cnlprit possibly did it from a broking office: sources By Serena Ng [SINGAPORE] The Commercial Affairs Department has moved in to investigate the source of the fabricated news release posted on online forum Sharelnvestor.com which caused a surge in Venture Manufacturing's
    536 words
  • 144 1 V ON Aug 8 this year, a 24-year-old day trader, Mark Simeon Jakob, was sentenced to 44 months' jail in the US after he pleaded guilty to securities fraud last December. He had crafted a bogus news release in November last year
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  • 843 1  -  Stocks' turnover, market cap key factors for inclusion By Ven Sreenivasan [SINGAPORE] The Straits Times Index, the Singapore stockmarket's main benchmark, is to undergo key changes that will ensure that it fully represents trading activity on the local bourse. The secondary objective
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  • Page 1 Advertisements
    • 99 1 DISIPE Top stories Air NZ shares continue free fall. Next Page NOL interim net dives 80%. Pg 4 CityDev H1 gain falls 34% on lower property profits. Pg 4 GRP boardroom battle ends with MD resigning. Pg 7 Global recovery will be slow: economists. Pg 8 GLCs show the way
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    • 95 1 Thaksin We have to attract more sacks Thai foreign talent. However, we <ilso Airways have to take care not to have Singaporeans president or discriminated in their own country. Senior Minister tee Ku;in Yew ■Page 11 -jk, Hill report: Next P.j^r EXECUTIVE LIFESTYLE Ex-US Opting for ambassador early retirement Green
      95 words
    • 102 1 Counters thrown out mostly low-cap, inactive stocks, Pg 5 w Cross the world I in one elegant movement k I, Duo I The Reverso Duo owes I its intriguing double life I tp single oomplioated I movement, the kind of I unique oreotion thot the I Reverso has inspired for
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  • NEXT page
    • 557 2  -  Lifelong employment can no longer be taken for granted, he says By Eugene Low [SINGAPORE] The social contract between employer and employee is changing dramatically in the New Economy and lifelong employment can no longer be taken for granted, Senior Minister Lee
      557 words
    • 688 2  -  Discussions with govt on stake for SIA still on, it says By\ Beth Jinks [SINGAPORE] Air New Zealand's shares continued their free fall yesterday, losing almost 16 per cent as its board issued a statement denying Singapore Airlines is cutting
      688 words
    • 589 2  -  He and partners boy 13.8% stake in kl from DBS for $s&Bm By David Boey [SINGAPORE] Keppel Corp's venture fund unit, kl Ventures, unveiled its "new strategic investor" led by the former US ambassador to Singapore, Steven Green, who was installed
      ARTHUR LEE; Source: Bloomberg  -  589 words
    • ON THE grapevine
      • 64 2 DBS Group Holdings chairman S Dhanabalan picked up 10,000 DBS shares at $13.45 per share on Monday—a purchase that brings his total DBS holding to 31,345 shares, according to a filing by DBS. Separately, DBS announced that financial journal Finance Asia has named it the best Singapore-dollar
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      • 106 2 BANKERS say the integration exercise going on at OCBC and Keppel Capital Holdings proves you should never treat subordinates badly because one day they may be in charge of you. Seems some of those holding senior positions at KCH used to work at OCBC and now
        106 words
  • Page 2 Advertisements
    • 88 2 SBD922VICNT 22 eu ft 620 litres Wit* BUH-« Sid^by-M»io* < NVtator n> D*p«o»ng ReTngeratcx Stock wttt SbMiMi Steal door wipt andSotdStainiKsSlMlhancllM BZEZaZIfi^^H )e heartbeat of home is surely )uek ol the Year Award Q) i met Summrt 2001 xarrt of a good meal is what it Fresh food need to
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    • 9 2 kl Venture's sweet deal for Steve Green, Pg 4
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  • Page 3 Advertisements
    • 294 3 Inventor of the chronograph The origins of mechanical watchmaking and chronometry. Not everyone knows that precision timekeeping was born in England out of an absolute necessity to prevent long sea voyages from ending in disaster. The history of mechanical chronometry began in 1714 when Queen Anne of England and her
      294 words

  • SINGAPORE companies
    • 587 4  -  Falling freight rates, interest payments erode profit; group hopes to stay in the black by year-end By I Conrad Raj WITH half-time profits diving nearly 80 per cent to just US$ll million and the global economy in poor shape,
      ARTHUR LEE  -  587 words
    • 437 4  -  Bnt M&C's showing raises analysts' outlook for stock By' Vince Chong CITY Developments yesterday reported a 34 per cent slide in interim net earnings to $103 million on the back of a 2.8 per cent drop in turnover to $1.16 billion.
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    • 765 4  -  hockIBWISEM lee han shih WELCOME to kl Ventures, just about the only listed company in Singapore that will sell you $1 in cash for 92 cents. Of course, not everyone is entitled to this privilege. To receive it, you first have to buy a
      765 words
    • 546 5  -  Most of the 21 stocks to be dropped are mainly smaller-cap, low-volume counters By Siow Li Sen With the exception of Overseas Union Bank, it is unlikely that many investors will miss the 21 companies that are to be dropped from the
      FILE PHOTO  -  546 words
    • 799 5 NEW STI Adjusted mQrket csp waking t Turnover rsnkingt uyTCD INDFX Pi imi 11 ativp AVG DAILY SKTW Mcm S PtRC£N,AG£ IWBfl B ac, pbSGE irz (snwi 1 r<Bnce 879 11.666.37 1323 1323 1 CharteradSemiconductor Manufacturing ***** 71 884 884 2 Oversea-Chinese Banting Corp Finance 065 9,191
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    • 179 5 Turnover ccrTnD AVG DAILY VALUE TRADED OVERT YEAR SECTOR (SSOOO s) PERCENT REPRESENTATION markft iwncY SECTOR/ INDEX SECTOR/ ,NDtX MARKET INDEX TOTAL Manufacturing 215,135.8 144,600.7 38.53 37.62 Finance 150,195.3 97,626.5 26.90 25.40 Tpt/Stor/Comm 55,706.6 53,913.8 9.98 14.03 Service 52,720.0 26,883.5 9.44 6.99 Property/Construction 43,961.5 32,622.5
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    • 434 7  -  Move comes just days before shareholders meet to decide the fate of his management Byl Angela Tan GRP Ltd managing director Kwan Chee Seng resigned yesterday in a surprise move just days before shareholders meet to decide on the fate of his management
      434 words
    • 291 7  -  Panel from investors' body met with SGX official By Serena Ng THE Singapore Exchange (SGX) is expected to respond in writing next week to the Securities Investors' Association of Singapore's (SIAS) suggestions on the Links Island shares saga. SIAS president David Gerald told
      291 words
    • 197 7 FJ Benjamin (FJB) Holdings said yesterday it has entered into a joint venture with Lux Valentino SA to retail and distribute three Valentino brands through the establishment of outlets in Singapore, Malaysia and Indonesia. The joint venture company wUI have an issued and paid-up
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    • 230 7  -  by Chua Hui Min MAINBOARD-LISTED computer monitor maker TPV Technology reported an unaudited first-half net profit of US$l9.B million yesterday, an increase of 26 per cent from a year ago. TPV chairman and managing director Jason Hsuan said the company expects product shipments
      230 words
    • COMPANY Briefs
      • 57 7 Reuters FINANCIALLY troubled Asia Food Properties (AFP), part of Indonesia's Sinar Mas Group, has appointed Deloitte Touche as independent financial adviser. The firm will advise AFP and its unit Golden Agri Resources on the proposal by Cook Islands-based 811 Bank to repay the companies' deposits held by
        Reuters  -  57 words
      • 76 7 Reuters FLEX TECH Holdings' first half2ool net profit plunged 97 per cent to $0.34 million. Turnover was $2,861 million compared with $190 million previously. Flextech blamed the profit fall to start-up costs and operational expenses in new subsidiaries coupled with depressed profit margins. The directors
        Reuters  -  76 words
      • 43 7 Reuters LINDETEVES-Jacoberg's first half earnings declined to $11.32 million from $14.58 million a year ago. Turnover went up from $91 million to $101 million. Lindeteves directors expect the second half to be generally consistent with the first half. Reuters
        Reuters  -  43 words
      • 48 7 Dow Jones Newswires HESHE Holdings is selling its Heshe Building to Geo-Tele Heartland for $40 million. The company, which makes garments and engages in the food and beverage industry, expects to make a profit of $12 million from the sale. Dow Jones Newswires
        Dow Jones Newswires  -  48 words
  • Page 4 Advertisements
    • 143 4 This announcement appears as a matter of record only. September 2001 /TV \I7 Tat Seng Packaging Group Ltd. (Incorporated in the Republic of Singapore on 22 December 1977) Invitation in respect of 39,300,000 new ordinary shares of $0.20 each comprising: (A) 2,000,000 Offer Shares at $0.21 for each Offer Share
      143 words
    • 742 4 Tat Seng Packaging Group Ltd. (Incorporated in the Republic of Singapore on 22 December 1977) Invitation in respect of 39.300.000 new ordinary shares of $0.20 each composing (A) 2.000.000 Offer Shares at $0.21 for each Offer Share by way of public offer; and (B) 37.300.000 Placement Shares by way of
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  • SINGAPORE markets
    • 344 6 Stocks Volume K1 Ventures 10c 30,450,000 SingTel 15c 19,232,000 InnoPac 20c 10,614,000 Kep FELS Energy 50c 7,217,000 CapitaLand 5,905,000 Frontline 5c 5,370,000 People s Food HGK 50c 5,095,000 Chart Semiconductor 26c 4,859,000 Surface MT HK20c 4,847,000 UniFdod HK25c 4,451,000 Stocks SingTel 15c 35,362,619 UOB 29,431,076 VentureMfg25c 25,347.436 DBS Grp 23,800.900
      344 words
    • 626 6  - Tech, SingTe l, UOB sell-off cuts 14.52 points off STI l I comment STOCKS r. sivanithy THE mood inside dealing rooms yesterday matched the inclement weather outside, as tech investors continued to give a universal thumbsdown to the proposed Hewlett Packard-Com-paq deal. At the same time, recent enthusiasm for Singapore
      626 words
    • 186 6  -  WARRANT WATCH By R Sivanithy TODAY'S feature is 101 Corp, a former Clob International favourite and a stock that used to be classified as a speculative. At RM3.78 now, 101 shares are just off the 52-week high of RM3.86. They enjoy reasonable liquidity, as does
      186 words
    • 228 6  -  HOT STOCK By Ven Sreenivasan SHARES of Venture Manufacturing surged some 3.4 per cent to a three-week high on Wednesday after an Internet posting claimed the company would be bought by American Tier One contract manufacturer Celestica. But the stock fell back after Venture denied
      228 words
    • 501 6  -  -l I comment CURRENCIES Selling of Japanese currency also fuelled by fears over Moody's review larry wee A SPEECH on Wednesday by US Treasury Secretary Paul O'Neill fuelled rumours of joint intervention to support the US dollar against the yen, sending the Japanese
      Source: Reuters  -  501 words
  • 3344 6 UNIT TRUSTS FUNDS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.730 0.767 Asian Fixed Income Fd 1.095 1.129 China Opportunities Fd!** 0.855 0.899 ContEuroEqtyFd!** 0 906 0.952 Global MNC Fd 0.632 0.665 Global Technology Fd!** 0.472 0.496 Indonesia Equity Fd!** 0.718 0.755 Japan EqtyFd!** 0 984
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  • Page 7 Advertisements
    • 22 7 T O D A Y IN Financial institutions not backing off i from Chinese websites StS*fTiߣR I For Subscription, call 388 3838
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    • 270 7 INTRODUCING THE NEW HAWK EYE* VFT~ IRONS. HAND CRAFTED FROM TITANIUM, TUNGSTEN AND PURE GENIUS. genius. Never before have three such advanced concepts managed such a gratifying manner. Every new Hawk Eye VFT Iron features a tungsten weight matrix across the face, as well as state-of-the-art Variable Face Thickness Technology.
      270 words

  • SINGAPORE news
    • 763 8  -  Bat they are split on whether world has hit bottom or worst has yet to come By Teh Hooi Ling THE consensus among prominent economists at a conference is that the global economic recovery, when it comes, will occur slowly. By extension, equity prices
      FILE PHOTO  -  763 words
    • 353 8 "DR Doom" Marc Faber may soon be dubbed "Dr Boom" for his latest views on Asia. Speaking at a conference yesterday, Dr Faber said the collapse of the US economy will be a good tonic for Asia as the money which
      353 words
    • 471 8  -  For Spore, the perception of rivalry between public and private sectors is more external than internal By Anna Teo SINGAPORE government-linked companies (GLCs) are leading the way in showing how Asian stateowned enterprises could adopt an international profile that's "both acceptable and
      471 words
    • 412 8  -  Programme to have marketingrelated activities Byy Vince Chong THE Trade and Development Board (TDB) announced yesterday a Global Marketing Capital Programme to help Singapore-based companies internationalise. This follows Prime Minister Goh Chok Tong's National Day Rally speech that TDB. in addition to
      412 words
    • 140 8 WANT to reach greater heights and help others less fortunate? Then visit the Republic of Singapore Flying Club (RSFC) on Sept 29-30 between 9am and 7pm. sign up as a day member and you can enjoy a 20-minute Flight of Hope Singapore for
      140 words
    • 259 9  -  ■=k7=Ton the economy terms of trade By Eugene Low SINGAPORE'S terms of trade the ratio of export prices to import prices continued to deteriorate in July, according to the latest figures from the Department of Statistics. Poorer terms of trade mean Singapore has to
      Source: Dept of Statistics  -  259 words
    • 468 9  -  STI.KATB CRASH Plaintifiis point to wilful misconduct by cockpit crew By Donald Urquhart LAWYERS acting for six families suing Silk Air over the 1997 crash of flight MI 185 argued yesterday at the close of the trial that there is more than enough evidence to prove
      468 words
    • 215 9  -  MAI LI .7m Ng Gee Chong Singapore I REFER to your report, "UOB clinches 90.08% acceptances for OUB" by Angela Tan (BT, Sept 1). My views on the OUB takeover centre on the interests of the minority shareholders of Overseas
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    • 510 9  -  Govt wants to ensure deregulated market is working smoothly first By\ Ronnie Lim THE sale of Singapore's power stations part of the deregulation of the electricity industry here is now expected to start in the first half of next year, Temasek Holdings announced
      510 words
    • 326 9  -  It projects 10% rise over last year's $200 m turnover By Conrad Raj INDIA'S largest international trading house, MMTC Ltd. has come a long way since it established a wholly-owned subsidiary here to trade in various commodities and metals in the region. The
      326 words
  • Page 8 Advertisements
    • 2050 8 I A Mm TRIM TECHNOLOGIES (S) LIMITED I /WW (Incorpzorated in the Republic of Singapore) NOTICE Of ANNUAL GENERAL MEETING i NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of TRI M TECHNOLOGIES (S) LIMITED will be held at 25 i Kallang Avenue 107-04 Kallang Basin Industrial Estate
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  • Page 9 Advertisements
    • 491 9 generation bu%ine»* I fl W A V Km mm Tp/ *J' I f /i^/ With deals like these from IBM, who says business is about making compromises? BBpk. A/ovv the solution your office needs is even easier to set up and configure. The IBM server xSeries 200, xSeries 220 and
      491 words

  • EDITORIAL & opinion
    • 754 10  -  HITT4 I bottom line OPINION g panicker The writer is a journalist with BT's Foreign Desk INDIA'S decade-old economic reform drive is grinding to a halt True, Prime Minister Atal Bihari Vajpayee last week announced a 14-point programme to energise the process while
      754 words
    • 124 10 'You see a room full of people manufacturing bombs, and they say: "I'm only doing this for defensive purposes and I have no intention of ever doing it for real because my heart is pure." Mary Elizabeth Hoinkes aUS lawyer, on the Bush administration's assertion that the
      124 words
    • 601 10 EDITORIAL WHEN Japanese Trade Minister Takeo Hiranuma spoke recently about a new engine of growth for Japan's sluggish economy, he wasn't referring to the latest bio-tech industiy or a surge of domestic enterprise. He was talking about senior citizens. Ever since the longer-term implications of Asia's demographic
      601 words
    • 2050 10  -  In his last interview as the International Monetary Fund's deputy managing director, Stanley Fischer talks to vikkAM KHANNAabout the US economic slowdown and the implications of China's growing economic clout, among other issues VIKRAM KHANNA The writer is BT's regional economics editor Q: We're at
      FILE PHOTO  -  2,050 words
  • Page 10 Advertisements

  • REGIONAL news
    • 628 11  -  Moves come after heavy flak from PM for inefficiency, internal strife From Harish Mehta in Bangkok THE Thai government yesterday fired the president of much-criticised Thai Airways International and the airline's 15-member board of directors resigned en masse after flying into
      REUTERS, AP  -  628 words
    • NOTE Book
      • 74 11 Bloomberg [KUALA LUMPURJ Malaysia Airports Holdings Bhd, the sole manager of the country's 38 airports, said it may ask the government for approval to raise landing fees and other airport charges to help boost earnings. "There's room for us to seek a review on
        Bloomberg  -  74 words
      • 61 11 Reuters IJ AKAKTAI Indonesia said yesterday the 2002 draft Budget would earmark more money for development spending to rebuild crumbling infrastructure hit by four years of economic crisis. Only 45.5 trillion rupiah (SSB.B billion) was allocated for development spending in the 2001 Budget as Indonesia's
        Reuters  -  61 words
    • 232 11 JAKARTA AFP A CLOSE associate of Indonesian President Megawati Sukarnoputri was questioned yesterday in relation to a US$75-million corruption scandal, an official said. Businessman and politician Arifin Panigoro was questioned as a suspect in a graft case involving his company PT Medco, said attor-ney-general's office
      AFP  -  232 words
    • 355 11  -  From\ Diana Oon Abdullah in Kuala Lumpur MALAYSIA launched its government multipurpose card (GMPC) yesterday the first of the flagship technologies of the Multimedia Super Corridor. To be used first as an identity card, the GMPC, named MyKad, will be the single medium of
      355 words
    • 379 11 KUALA LUMPUR Opposition party expresses 'regret' at SM Lee's comments AP MALAYSIA'S fundamentalist Islamic opposition party said yesterday that neighbouring countries should not fear its "imminent takeover" of the government, one day after Singapore's Senior Minister Lee Kuan Yew noted its
      AP  -  379 words
    • 339 12  -  Hunt for 11 Indian nationals, 8 Thais part of money-laundering probe From Harish Mehta in Ba ngkok THAI police yesterday issued arrest warrants for 19 bankers and businessmen 11 Indian nationals and the rest Thai accused of illegally transferring US$22O million to
      339 words
    • 466 12  -  From* Audrey Tan in Suzhtm THE Apec Finance Ministers Meeting will send a strong signal to the international markets on how the 21 member economies are dealing with their economic and financial problems, said Jin Liqun, China's Vice-Finance Minister, yesterday. Speaking
      466 words
    • 461 12 JAKARTA Bloomberg Reuters BANK International Indonesia (BII) will receive a US$l.32 billion injection of interestbearing rupiah bonds in a government plan approved by lawmakers yesterday that also paves the way for its takeover by a rival. Under the
      Bloomberg; Reuters  -  461 words
    • 261 13 BOMBAY Bloomberg Dow Jones Newswires INDIA'S stock market regulator, which is investigating Credit Suisse First Boston (CSFB) in a case of suspected share-price manipulation, said in a second report that CSFB and four brokers acted to rig prices of shares, The
      Bloomberg; Dow Jones Newswires  -  261 words
    • ASIA Notes
      • 51 13 Bloomberg [SHANGHAI] Guangxia (Yinchuan) Industry Co, a maker of traditional Chinese wines, is under investigation for inflating profit by as much as 745 million yuan (*****.4 million) in what is the biggest fraud case to date in the nation's crackdown on companies fabricating finances.
        Bloomberg  -  51 words
      • 76 13 Reuters [HONG KONG] Hong Kong Financial Secretary Antony Leung said yesterday the local currency's nearly 18-year-old peg to the US dollar would remain. Media reports last Friday quoting Mr Leung as calling the currency peg as an obstacle to an efficient economy raised
        Reuters  -  76 words
      • 44 13 Reuters [BEIJING] China's talks with media giants AOL Time Warner Inc and News Corp on expanding their broadcast access on the mainland might be "finalised soon with a happy ending", the official China Daily said yesterday. Reuters
        Reuters  -  44 words
    • 451 13 HONGKONG It defends move, saying it was a research decision not linked to Chinese sanctions Bloomberg CREDIT Suisse First Boston Inc has told investors to buy more China stocks and sell their Taiwan shares after mainland authorities criticised the bank for hosting a Taiwan
      Bloomberg  -  451 words
    • 506 13 BEIJING CSFB, Matsushita take the heat in new 'trade war' tack Bloomberg CHINA'S punishment of a Swiss bank and a Japanese phone maker for Taiwan gaffes may suggest it will use expanding economic clout to further a 50-year quest to reclaim the island.
      Bloomberg  -  506 words
    • 180 13 Reuters [BRUSSELS] Chinese Premier Zhu Rongji said on Wednesday he would definitely not seek a second term in office because he was too old. Mr Zhu, 72, who has sometimes been ambivalent about his plans, made his clearest statement yet
      Reuters  -  180 words
  • Page 11 Advertisements
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      67 words
    • 74 11 k JUhi td jHr'* wiHMftjm ]BLI jrSF^^rks^^^ You never IP^W^^p 'A' actually own a Patek Philippe. a You merely look after it for the next generation. Annual calendar by Patek Philippe The Hour Glass S QUALITY TIME SINGAPORE the HOUR GLASS Tafcasfemaya sc W 734 2420 ScoTO SC W 23S
      74 words

  • Page 12 Advertisements
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  • FINANCE
    • 303 13  -  ST Xndac/MSCI SPpore Index C K Lau Refco Singapore THE Singapore share market weakened across the board yesterday following losses in US markets overnight as earnings worries continued to weigh on the sentiment. At the close, the benchmark Straits Times Index was at 1,608 points,
      303 words
    • 232 13  -  MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN Semiconductor Manufacturing Co led stock market declines yesterday. The MSCI Taiwan Stock Index lost 3.71 points, or 1.79 per cent, to end at 203.79, with the turnover at 595.52 million. Gainers trailed losers eight to
      232 words
    • 198 13 Reuters London THE yen fell to a three-week low against the US dollar yesterday as the risk of Moody's downgrading Japan's credit rating compounded wariness about intervention and capped its recent export-dam-aging strength. The yen slipped to threeweek lows around 121.50 per greenback. The greenback also powered to
      Reuters  -  198 words
    • Article, Illustration
      1247 13 arrBRBAMM CROSS RATES C$BwfcE«ro Ffr Ow W Mb N»m Van Wow M( Ughth Pwo 5$»wd Sir MT$ Batt Hmt US$ Australia 0.807 4.304 0.587 3.850 1.148 4.045 24.*****.093 0.629 6.676 1971 1202 ***** 26.626 0.909 4J94 0J87 17 ***** 085 0J57 0 519 ISt 5332 0 727 4769 1422 10B
      1,247 words
  • Page 13 Advertisements
    • 46 13 SECOND BONO ISSUE AND —:r_ I jjQj -si?—"--—I «t«„ I IPO. Shares. Bonds. Stacks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults In Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu i 1800-741-1883
      46 words

  • e News
    • 420 14 WASHINGTON Instead, Justice Dept will seek restrictions on business practices AFP, Bloomberg, AP THE US government on Wednesday abandoned its demand for a break-up of Microsoft Corp and dropped further action on its complaint about the web browser being tied into Windows.
      AFP,; Bloomberg,; AP  -  420 words
    • 217 14 REDMOND, Washington LAT-WP HIGH-SPEED Internet access for computer users is too expensive and threatens to limit the adoption of some powerful new services that will be available over the next few years, Microsoft Corp chairman Bill Gates said on Wednesday. In an interview, Mr
      LAT-WP  -  217 words
    • 448 14  -  SINGAPORE Half-year earnings at high end of forecasts By Quak Hiang Whai RICHARD Li's Pacific Century CyberWorks, which sank into negative equity last year, returned to the black with a net profit of HK$935 million (Ss2lo million) for the six months ended
      448 words
    • 380 14 AP [WASHINGTON] The Internet is making it a lot easier for US diplomats to tell America's side of the story to foreigners. For example, when China deleted references to its human rights record from an interview US Secretary of State
      AP  -  380 words
    • 373 14 NEW YORK AP IBM Corp and eßay Inc two of the Internet bust's most conspicuous survivors have agreed to make IBM software integral to the online auction leader's operations. As part of the deal terms of which were not released eßay will rebuild
      AP  -  373 words
  • Page 14 Advertisements
    • 2040 14 RECOMMENDED VOLUNTARY UNCONDITIONAL CASH OFFER TO ACQUIRE ALL THE ISSUED AND PAID-UP ORDINARY SHARES OF 550.20 EACH IN THE CAPITAL OF AVIMO GROUP LIMITED INTRQPICTIQN BNP Paribas Peregrine (Singapore) Ltd ("BNP') and Credit Suisse First Boston (Europe) Limited ("CSFB'\ for and on behalf of Thomson-CSF Invest SAS ("Thomson Invest" or
      2,040 words

  • WORLD news
    • LATE Briefs
      • 100 15 Bloomberg [OSAKA] Matsushita Electric Industrial Co will post a 100 billion yen (5J1.44 billion) ftill-year loss and cut 5,000 jobs through early retirements, the Nthon Keizai newspaper said, without citing sources. It will fall short of its forecast of a 57 billion yen profit
        Bloomberg  -  100 words
      • 85 15 Reuters [NEW YORK] American International Group Inc (AIG) said on Wednesday it would cut I,soojobs, or less than 2 per cent of its overall work force 0f85,000, over the next 12 to 18 months as it integrates life insurer American General Corp. Most
        Reuters  -  85 words
      • 109 15 Reuters [MELBOURNE] Australia's securities watchdog said yesterday it had launched civil proceedings against NRMA Insurance Ltd's former chairman Nicholas Whitlam, the son of former Labor prime minister Gough Whitlam. "In these proceedings ASIC alleges that Mr Whitlam breached his duties as an officer of
        Reuters  -  109 words
    • 436 15 NEWYORK It cites rise of its leading economic index since Mar low Bloomberg, AFX THE US economy will rebound in the second half of this year and expand at a 3.2 per cent annual rate in 2002, even as concerns
      Bloomberg,; AFX  -  436 words
    • 553 15 WASHINGTON He expects at least 2.5-3% GDP growth in 2002; strong dollar policy stays AFP, Bloomberg THE US economy, bolstered by tax cuts, is on track for recovery this year before posting at least 2.5 to 3 per cent growth in
      AFP,; Bloomberg; FILE PHOTO  -  553 words
    • 297 15 Reuters [WASHINGTON] The Federal Reserve could take the unprecedented step of buying corporate bonds within the next several years, because the US Treasury bonds it now buys are becoming scarce, USA Today reported yesterday. The newspaper, citing sources familiar with the proposal,
      Reuters  -  297 words
    • 275 15 WASHINGTON Bloomberg A GAUGE of US business other than manufacturing unexpectedly fell in August to the lowest on record, as new orders and employment declined, an industry survey found. The National Association of Purchasing Management's non-manufacturing business index was 45.5
      Bloomberg  -  275 words
    • 575 17 FAIRFIELD, Connecticut Just-retired GE chairman will offer consulting service to corporate chiefs Bloomberg GENERAL Electric Co chairman Jack Welch, who retires today, will continue to influence US business through the dozen of CEOs who served under him and others who mimic
      Bloomberg; FILE PHOTO  -  575 words
    • 558 17 PEORIA, Illinois Regnl&r, predictable monetary policy vital: William Poole Reuters IT is risky for Federal Reserve policy-makers to operate under the assumption that if they cut rates too far they can quickly reverse course with no damage done, St Louis Fed President
      Reuters  -  558 words
    • 279 17 Bloomberg [TOKYO] Don't panic at the Nikkei 225's nosedive below 11,000. The stock average's lowest level in 17 years is the product of a one-time change in its membership, not simply a reflection of Japan's shrinking economy. Calculations using Bloomberg analytics
      Bloomberg; Source: Bloomberg  -  279 words
    • 586 18 TOKYO Move to fight unemployment to be focns of possible extra Budget Reuters JAPAN'S ruling coalition wants to set up a two trillion yen (Ss29 billion) fund to battle rising unemployment and will make jobs the centrepiece of a possible extra
      Reuters  -  586 words
    • 469 18 TOKYO Threat of deflation cited for review; bonds, yen fall Bloomberg Reuters, Dow Jones Newswires MOODY'S Investors Service said yesterday it may cut its rating on Japan, the world's biggest issuer of government bonds, because deflation is straining the government's finances. Japanese bonds and the
      Bloomberg; Reuters,; Dow Jones Newswires  -  469 words
    • 493 19 Private sector research will continue despite Bush's restrictions, says official NYT [WASHINGTON] Nearly a month after President George W Bush announced that he would permit federally financed scientists to study more than 60 colonies of human embryonic stem cells,
      NYT  -  493 words
  • 1904 15 S1C0M FUTURES Sep n RUBBER (futures cbsmq« *t 5.30pm) RSS1 CONTtACT(S centsAq) Close Volume Open Month Htyj Low Sett (ton—s) Interest Oct 01 102.75 Nov 01 103.75 Dec 01 104.75 Jan/Mar 02 106.50 RSS 3 CONTRACT (US ccnts/kg) Volume OpM Jttjji Low Sgtt (tonnes) Interest Oct 01 56.00 55.75
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  • 7591 16 HONG KONG Vol Sep 6 MKS COOO> AcrossAsia Multimedia 1.02 -0.01 0 Alpha General 0.03 unch ***** Amoy Prop 8.35 -0.15 2763 AnarxJa Wing On 0.08 unch ***** Angara) New Steel H 0.76 unch ***** Annul Conch H 1.53 -0.04 1221 Anhui Expressway H 1.28 -0.05 2602 Arcontech
    7,591 words
  • Page 16 Advertisements
    • 865 16 ***** >800 741 1883 Email recruits9sph.cooi.sg flflfl HWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) UNAUDITED INTERIM RESULTS FOR 2001 FINANCIAL HIGHLIGHTS AND DIVIDEND ANNOUNCEMENT GROUP RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2001 2001 2000 Variance SS'OOO SSOOO Turnover 101.743 51.933 96 Operating profit 6,393 5.686
      865 words
    • 310 16 INDUSTRIAL BEST PTE LTD NOTICE OF SPECIAL RESOLUTION NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY HELD AT 41 KALLANG PUDDING ROAD #05-06 GOLDEN WHEEL BUILDING SINGAPORE *****6 ON MONDAY THE 3RD DAY OF SEPTEMBER 2001 AT 10.00 AM. THE FOLLOWING RESOLUTIONS WERE PASSED:1. WINDING
      310 words
    • 244 16 THE COMPANIES ACT, CAP. 50 HAWYEE ENTERPRISE PTE LTD (In Voluntary Winding-up) At an Extraordinary General Meeting of the abovenamed company held on the 29th day of August 2001 the following Special Resolution was duly passed THAT the Company be wound up voluntarily pursuant to Section 290(1 )<b) of the
      244 words
    • 747 16 IN THE MATTER Of THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF KING CAR INTERNATIONAL INVESTMENTS (SINGAPORE) PTE. LTD. (In Member's Voluntary liquidation) MEMBER'S VOLUNTARY WINCH NG-UP NOTICE IS HEREBY GIVEN that the creditors of the abovenomed Company, which is being wound up voluntarily, ore required, on or
      747 words
    • 832 16 IN THK MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LAZI R PTE I.TD (In Members' Voluntary l iquidation! MEMBERS' VOLUNTARY WINDING-UP NOTICK IS HEREBY GIVEN thai the creditors of the abovenamed Compans. which is being wound up volunlanl). are required, on or before the Bih
      832 words
    • 575 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OCEANWORLD BIOTECHNOLOGIES PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS Al an Extraordinary General Meeting of the members ot the abovenamed Company duly convened and held at 1 Coleman Street •03-57 Singapore *****3 on the
      575 words
    • 610 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF MFSL NOMINEES PTE LTO (In Member* Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting o! (tie abovenamed Company duly convened and held at 50 Rattles Place. #12-00 Singapore Land Tower Singapore *****3 on the
      610 words
    • 680 16 IN THE MATTER OF THE COMPANIES ACT CAP SO JAPAN INDUSTRIAL USE PROOUCTS PTE LTO At an Eitraordinary General Meeting of I'M Company he» at NahomOashi Darwa BuMvn 7F 1-94 NihomOasfti Honcho Chuo-Ku Tokyo 103 0023 on Monday 3rd September 2001 tfie following Special Resolutions were passed 1) That the
      680 words

  • Page 17 Advertisements
    • 581 17 raye I l*( THE MATTE* Of THE COMFANIB ACT. CHATTEK AND IN THE MATTE! OF BUSINESS TRENDS (TAMPINES) PTE LTD (IN MEMUJty VOLUNTARY WINDING-UP) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursutoi 10 Section 301 of (be Companies Act. Cap 50 Ithat the Fmal General Meeting of the members
      581 words
    • 578 17 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of HENGYAT RESTAURANT PTC LTD (In Voluntary Liquidation) NOTICE Of RESOLUTION Al an Extraordinary General Meeting of the members of HENC YAT RESTAURANT PTE LTD duly convened and held at 133 New Bridge Road. #15-05 Chinatown Point,
      578 words
    • 887 17 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 Section 290(2Nb) and IN THE MATTER Of NOKIA MOBILE PHONO (SEA) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of RESOLUTION At an Extraordinary General Mttting of the h«|d at *38» Alexandre Rood, «07on Ihe 30th day of Aw9v.lt 2001 the tefcwng
      887 words

  • 2542 18 BOMBS&WARRAMTS s^e Mi M L«lr| UM M taT HlMllll kn M to Cm> Mk MM* La. Cmmm C—> Om Bar* Him <—bt —a W (%> tm** U* 395 26 S ASTI ******1 26.5 -0.5 142 27 26.5 26 26.5 27 26.4 1 16 10 145 33 47.5 13.5
    2,542 words
  • Page 18 Advertisements

  • 7110 19 SGXMAMBOARP S2-W last Vol Day Last quote M» M» lid No! Cip An Hi# Low Cowpaoy M» room W» Low S«««r Cvr W1 Iml Png MULTI-INDUSTRY 143 34.5 c Acma 50c 34 5 -1 68 35.5 34 5 34.5 35 0.5 19 9 0.7 91 599 35 41
    7,110 words

  • Page 20 Advertisements
    • 78 20 Q OMEGA BUEHA VISTA SOCIAL CLUB j I'vfe I H I y v v<^ihK 1 '#li wPB*Introducing the DevUle Co-Axial Come enjoy an evening of Cuban bossa novo spiced with American Jazz. Saturday Bpm, 15 September 2001, For One Night only. Singapore Indoor Stadium I4we O UnUSUAL A A IF"
      78 words

  • Page 21 Advertisements
    • 143 21 V Loosening up... mm i- W before 55 A There's a growing group of professionals who are opting for retirement as early .is in their late 40s or early 50s. CHEAH UI-H00N finds out what prompted four to do so jPI despite the gloomy economic outlook, and what sort of
      143 words
    • 23 21 INSIDE BizWowan Susan-Jane Beers: Passionate about jamu EL 3 Profile Stephen Dobyns: Consummate poet-writer EL 4 Epicure Nonya temptations in Malacca EL 14
      23 words

  • PERSPECTIVE
    • 727 22  -  •Jad the cuff Sending messages makes us technically contactable even if we don't always want to be talked to jaime ee I DO not understand the concept behind SMS messages. Just when I'd gotten used to the idea of phone pests talking
      727 words
    • 1981 22 COVER STORY WHEN Lillian Wong visited New Zealand five years ago, the country immediately caught her imagination. "I saw the possibility of retiring there when I was 55," she recounts. Aided by a fortunate turn of events, Ms Wong quit her job recently, at 50, instead
      1,981 words
  • Page 22 Advertisements
    • 81 22 R 11.I 1 R 1 3 I 4 1 5 13 17 j8 [9 |10 11.1. 112 1.3 |14 airfrance.com.sg H T Buy your ticket 24 hours a day. 7 days a week. Then enjoy free champagne a and the chance to win a trip to Paris for 2!* t
      81 words
  • Page 22 Miscellaneous
    • 258 22 CHVFriC CROSSWORD ACROSS tantfy (9) 1 Man accompanying a former 4 The sort of economics that can queen (7) be put into use? (7) 5 Not a large personnel carrierl (7) 5 Directed a horse into the sea (7) 9 Ride round (5) 6 Hospital tender (5) 10 Extensive distribution
      258 words

  • BIZ WOMAN
    • 338 23  -  By Corinne Kerk FASHION houses' Fall/Winter collections can be extremely impractical offerings in sunny Singapore, but this season, one finds many a tempting choice in Salvatore Ferragamo's collection. While the dark winter colours are out in force in its women's ready-to-wear collection, there
      338 words
    • 1105 23  -  Susan-Jane Beers tells CORnmE kerk what went into the making of her book on the Indon herbal remedy CORINNE KERK WHEN Susan-Jane Beers first asked her husband for support when she embarked on her book, she had a less than favourable response. "He thought I was crazy,"
      ARTHUR LEE  -  1,105 words
  • Page 23 Advertisements
    • 139 23 S -*r. IVT?if Shangri-La Hotel and the Wine Institute of California S bring the best of California to Singapore on September With the finest Vintners and Wineries showcasing their exquisite wines and Peter Schintler of BLU L MJSgI presenting his culinary artistry, J > California Dreaming promises to come true
      139 words
    • 51 23 CARANd ACHE OF SWITZERLAND ECRIDOR COLLECTION MAKE YOUR MARK V 1 Sole Distributor: SILVAROYAL PRIVATE LIMITED 207 Henderson Road #01-06 Singapore *****0 Caran d'Ache is available at Takashimaya Dept Store (Level 3). ma|or bookstores, speciality watch and pen stores www carandache ch For your nearest Caran d'Ache retailer, telephone 542
      51 words

  • PROFILE
    • 1013 24  -  Behind Stephen Dobyns' entertaining words is a perceptive involvement in the human condition, discovers pakyatoi kayar PARVATHI NAYAR F you don't read you can't think, for language is the tool with which you think. And if you don't become HI skilful with that tool, you're limited to second-rate
      CHRIS LOH  -  1,013 words
  • Page 24 Advertisements
    • 935 24 -^EpFJl^^m^ Sept 7 (FH) Fiesta Favourites Michael Lankester conductor Lee Huci Min violin Rossini: Overture to The Barber of Seville Lalo: Symphonie Espagnole, Op. 21 Bizet: Carmen Suite No. 1 Chabrier: Espana Ravel: Bolero Lrt Lee Huei Min, Singapore s Ivy-league virtuoso charm you with Lalo's work, a virtuosic showpiece
      935 words
    • 38 24 Salmon I Eliwp^j French Bistro, Cozy Ambience. Specialties: Oyster, Salmon Escargot Reasonable Price Friendly Services. Rsvn: 835 0238 /a \Lj*X* a 9 Spedalists' Shpg Ctr, #02-38 5™ Ok«"« (Orchard Rd, Somerset MRT) "Mamma" Mildred Jones f s t
      38 words

  • CINEMA
    • 1154 25  -  By Susan Tsang THE last of the big summer offerings comes in the form of Steven Spielberg's A.I. Now that the kiddies will be back in school, swotting for exams, we can expect the likes of Druids and Kakashi foreign fare that can't quite hit the standards ofAudition
      1,154 words
    • 90 25 Cathay Causeway Point 787 1588 Orchard 732 5874 Cathay Movw Line 235 1155 Ei* Wat. Empress *****67 Juttfae 454 1640 Suntec *****74 Sun Plaza 753 1047 Toa Payoh *****70 West Mall *****30 OaMwi VMtag* 24-hr aasy booking: 1900-912-1234 Wan Boon Lay Eastpo.nl Grand Mans Ptaa Tampines Thing
      90 words
    • 777 25  -  AJ. makes the audience grapple with a complex, slow-moving plot, moral and philosophical issues and a convoluted ending Byi Geoffrey Eu STEVEN Spielberg's A/. Artificial Intelligence opens with the bleak and depressing notion that sometime in the distant future, the world's polar ice caps
      777 words
  • Page 25 Advertisements
    • 177 25 ■■■■■■■Mr' 1 P?iS*'%r sßil®i h ■I bL^ i" W'4 ApH H Hh fSMEEnu I y>ll^*v .J| HI 1 JK^ y*f fc| e --?fr_ P> .;1..- J v a^^H Htt *v j^H I Jfk £*1 fc 3 h ■HQP|HHPQHP^HHHHI^^HHHV%^ > -BRS*. jff' v Spjj? Sydney or Melbourne, you'll keep coming back
      177 words

  • TDB AWARDS 2001
    • 328 26  -  -by Chua Hui Min With more than 110 trading companies and 40 shipping operators based here, $470 billion worth of trade coursed through Singapore last year, making it the 15th largest exporter of merchandise goods in the world, according to the World Trade Organisation. Apart from conducting
      328 words
    • 543 27 By recognising international firms which base trading activities here, TDB awards serve to strengthen their ties with Singapore EXPANDING Singapore's global market share is the name of the game, and getting major international players into the local market is no mean feat. The Trade Development Board's aim
      FILE PHOTO  -  543 words
    • Article, Illustration
      677 28  -  New Econ Line may only be a year-old firm but it's already seeing turnover of $70m. Its veteran managers tell tell chuahuimin why tney are upbeat about prospects for feeder services in the region CHUA HUI MIN LIKE old wine in new skins, was how managing director Chan
      PHOTOS BY RICHARD CHNG  -  677 words
    • 540 29  -  Trading firm Koch Refining attributes its success to diversified interests as well as a long-term approach to growth, chua hui min finds out more CHUA HUI MIN WHAT do ranches and financial services have in common? If you're Koch Industries Inc, the sec-ond-largest private company in
      RICHARD CHG  -  540 words
    • 652 30  -  Not content with its niche in bulk commodities trading, Agrocorp is eyeing expansion in its distribution business, eugene low reports EUGENE LOW TO survive in the competitive world of international bulk commodities trading, smaller players have to carve a niche for themselves among the big boys. One
      RICHARD CHNG  -  652 words
    • 718 31  -  Commodity trading group Olam, Hebrew in name and Indian in origin, identifies with Singapore's strategy to reach out to world markets. That's why it has set its sights on China next year, its MD tells chijang peck ming CHUANG PECK MING OLAM is Hebrew
      ARTHUR LEE  -  718 words
    • Article, Illustration
      695 32  -  Singapore Aircraft Leasing Enterprise has bucked the trend in the current gloom by boosting profits, increasing its overseas presence and hiring more staff, chua hui min finds out what accounts for the cheer CHUA HUI MIN AT a time when the global airline industry is facing a squeeze
      RICHARD CHNG  -  695 words
  • Page 26 Advertisements

  • Page 27 Advertisements
    • 71 27 HONORING I c THE SUCCESS OF A PARTNER LIKE SINGAPORE AIRCRAFT LEASING ENTERPRISE ft IS AN HONOR ITSELF. T BOEING, we're proud to congratulate our friends and partners at SALE, on receiving the prestigious "Approved Aircraft Leasing" award from the Singapore Trade Development Board. It's more proof of their hard
      71 words
    • 104 27 II International Aero Engines congratulates II Singapore Aircraft Leasing Enterprise on receipt of the prestigious Hi Approved Aircraft Leasing (ALS) Award J vbfeldol II International Aero Engines International Aero Engines A G 400 Main Street M S 121-10 East Hartford. CT ***** USA www.v2500 com Congratulations to Singapore Aircraft Leasing
      104 words

  • Page 28 Advertisements
    • 217 28 Orient Express Lines Singapore takes centre stage. *A jfeto To be in the midst of growing client needs, Orient Express Lines makes Singapore as its hub. focussing on enhanced customer service, Orient Express Lines Singapore will meet all your extended shipping requirements. I Orient Express Lines (S) Pte Ltd. #07-55,
      217 words
    • 150 28 I I OM HOLDINGS LIMITED I Listed in the Australia Stock Exchange A v I MMTC TRANSNATIONAL PTE LTD For being awarded The Approved International Trader (AIT) Status By the Singapore Trade Development Board The OM group of Companies specialise in the field of ferrous ores and alloys for the
      150 words

  • Page 29 Advertisements
    • 136 29 We've got it covered RCL NETWORK c v is^PH^P ——^i fflßK__JJ__U^BH E£> Regional Container Lines 11 KePPCI Road Bth Fl r Website: http://www.rclgroup.com Tel: 65 *****88 U M N. ,Z.J RCL Centre Singapore *****7 Email: rclsin@rclgroup/com Fax: 65 *****60 I Turn on the power M* /0 n w Success is
      136 words

  • Page 30 Advertisements
    • 323 30 Thyssen Mannesmann Handel S.E.A. A company of the ThyssenKrupp Material Group As one of the leading European trading company in the region, Thyssen Mannesmann Handel S.EA (TMASEA) is a global supplier of Rolled Steel and Pipe Tube products from around the world. In the last 20 years TMASEA serviced customer
      323 words
    • 291 30 JO ZWJIGFJ& Congratulates HAZEL SHIPPING PTE LTD -1 %*w*m m 4 Kr 1 dfe i r #»j t' MTA[ Jflil r I 4 Bpfl irtWCT jM -M VJ 3 ?a,r i ■■*xstK&£sk For being awarded The Approved International Shipping Enterprise (AIS) Status By The Singapore Trade Development Board Jo Tankers
      291 words

  • Page 31 Advertisements
    • 69 31 Econ Line BU A RELIABLE OPTION TO YOUR CONTAINER FEEDER NEEDS IN S.E. ASIA '/JetO' &30*%/ o(y*e/ Hj X£Clple*vt' ACS cuaxzxxC, <zd*vTA4wA£e/iec£/ i^/37JS> (ZUXZAxiy t<x OUAs cu&totwexA/, bztvheAA/, EM pa/ifrveAA/ a*uL > HM cottlvooot? (olu. xiAffxytf?, ~bvvi&/ CZCOCMxi/ COQtcid' tvcwc/ (>ee*\/ <2clv£eocz&£e/. New Econ Line Re Ltd, 138 Robinson Road,
      69 words
    • 120 31 <c Cb c ord Etv^ Concord Energy Pte Ltd We, are< proud to be awarded the APPROVED OIL TRADER STATUS by Singapore Trade Development Board Concord Energy Pte Ltd was incorpoated in Singapore as an Oil Trading Company dealing in crude oil and petroleum products. With extensive experience in the
      120 words

  • Page 32 Advertisements
    • 273 32 Ic P CJP INTERNATIONAL PTE LTD We are proud to be awarded The Approved International Trader (AIT) Status By The Singapore Trade Development Board CJP International Pte Ltd is a member of the C. J. Petrow Group which has its headquarters in Johannesburg, South Africa. C. J. Petrow Co. (Pty)
      273 words
    • 162 32 11 M A BRAND NEW NAME. We'd like to inform the public and all our clients that Allied Deals (S) Pte Ltd. is now known as WMC Trading Private Limited. With this change in corporate identity, we are entering a new era with a more dynamic global outlook. Our new
      162 words

  • EPICURE/TRAVEL
    • 907 33  -  Malacca-born celebrity Kenny Chan parts with his family recipes in a Peranakan cooking series, tracing favourites right down to their last detail, reports CHEAH UI-HOOM CHEAH UI-HOON F you've always toyed with the idea of learning how to cook traditional Peranakan dishes, but haven't
      CHEAH UI HOON  -  907 words
    • 861 33  -  New Formosa Restaurant also has an incredible variety of cooking styles By, Jaime Ee THERE is more to Kuala Lumpur food than just bak kut teh at Jalan Imbi. Or Ampang yong tau foo or black Hokkien mee. When you're a hard-up Singaporean in pursuit
      861 words
    • 769 34  -  Even CHBAH ui-hoom s picky Peranakan palate is satisfied by Malacca's Sen Nyonya cuisine CHEAH UI-HOON POR a city that's supposedly the cradle of the 500-year-old Peranakan culture, Malacca isn't a place where one can easily find excellent Nyonya cooking. Walking into any restaurant with the words "Nyonya"
      769 words
    • 445 34  -  By Cheah Ui-Hoon DINING at York Hotel at least once a year is a pilgrimage of sorts for many a Singaporean or Singapore-based Penangite as the hotel's Penang Hawkers' Fare promotion enters its 16th year. Judging from the crush of people there, there
      445 words
  • Page 33 Advertisements
    • 138 33 4 #^H t -—^29 Kv^^PVKKT HB€ 7^||^Kjf^^^H FORTIS SPACEMATIC DAY/ DATE THE AUTOMATIC WRISTWATCH FASCINATES WITH ITS PRECISE AND RELIABLE MECHANISM. AUTOMATIC MOVEMENT WITH STOP-SECOND. SCREW-DOWN CASE BACK AND CROWN. DAY INDICATION BILINGUAL GERMAN AND ENGUSH ADJUSTABLE. > II -t ■L evi (N CO M «o FORTIS PROFESSIONAL SPACE WATCHES
      138 words

  • Page 34 Advertisements
    • 175 34 SONY. 1 ■i" —»i i .I 111 i 111 11 1 'i'l*!—^—<— I ja -^-~———-^^BBffff^' 1 1 wu 77 -j' .-V. T ""i. ■J ~~'^^^ri^' r 1 11 z i M^-—- 1 —i J/ ,l l ?i 4 ii h» wfc I fl W l Br a A B= It**
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  • SHIPPING TIMES
    • 176 35 Reuters THE Baltic Dry Index (BDI) fell seven points to 903, the Baltic Panamax Index (BPI) lost four points to 937, the Baltic Handymax Index (BHI) eased five points to 7,707 and the Baltic Capesize Index (BCI) was down 17 points to 912. TIIIE-CfTABTEB: ♦SA Warrior—(built 2001) 74,400
      Reuters  -  176 words
    • 295 35 SCX '000 M 1$ M CWT Distribution 0.59 0.01 29 ChuanHup 0-32 -0.01 411 Coko Investment 0-21 uncti 103 Freight Links J3.07 uncti 31 OS Hotdtags a 53 unch n IMC HoMnqs-HK 5.60 uncti 0 J aya Holdings 0.16 0.01 133 K*pp*4 Corp 3.12 uncti 2131 Keppel FELS
      295 words
    • 685 35  -  I si I exclusive Tampa owners, NUS professor say captain acted in compliance with international regulations By Beth Jinks [SINGAPORE] Ship masters face prosecution if they ignore their legal obligations to help vessels in distress, but the recent Tampa experience may discourage
      FRANCIS ONG/ST  -  685 words
    • 378 35  -  By Beth Jinks [SINGAPORE] Norway's biggest and oldest shipping company will take another three days to count the costs of obeying international law and saving 438 people from their stricken vessel, Wallenius Wilhelmsen senior vicepresident Hans Christian Bangsmoen told reporters in Singapore
      378 words
    • 348 35  -  /By] Beth Jinks [SINGAPORE] Tampa Capt Ame Rinnan and First Officer Christian Maltau "would do it all again" despite their nine-day ordeal, reporters in Singapore were told yesterday. The pair revealed that each of the 438 survivors had been lifted
      348 words
    • Article, Illustration
      51 35 [CAPE TOWN] A South African Air Force helicopter braving heavy winds to airlifi a crew member to safety from the tanker Ikan Tanda which ran ashore near Cape Town, South Africa, on Wednesday. Eighteen crew members were lifted from the 145-metre Singapore-registered vessel, with no serious injuries reported
      AP  -  51 words
    • SHIPPING news
    • 258 36 PAGE Ahrenkiel X) Appenship 5 Assets 5 AVint )0 B'tanq Mas 6 BSA 7 BSC 9 BTl X) Balaji 4 Batamindo 9 Bayswater 10 COM 7 CMACOM 3 COSCO 3 Central Ei 6 Chahaya 10 ChinaSltpq S Confer W Colony Loq 5 Cougar 7 CWT Globelmk 7
      258 words
    • 10676 42 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvolre 14/09 03/10 MOL MOL OUEME 9802 A 65 *****86 17/09 25/10 Setramar NORASIA SHANGHAI 134-04 65-*****33 18/09 WTO Kien Hum) ROYAL CONTAINER RC104S 65-*****33 19/09 10/10 MOL P&O
      10,676 words
    • SHIPS IN PORT
      • 787 45 Vessel Voy No Berth Arrival Departure Jareaq M Mekong 4 7A/01 J03 06/09/9:10 07/09/5.00 Ba»s»atef!18 *1215 J02 06/09/7:45 06/09/1600 Swissco 38 S3836 J04 06/09/7:00 06/09/1400 Bt Surtati 4 ***** J01 06/09/1100 06/09/20:00 S1 JB09U J02 06/09/1005 06/09/23:59 *«ung J***** J02 06/09/10:15 06/09/23:59 f 23 169 J02 06/09/9:25 06/09/17JO
        787 words
      • 1912 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Bounce Rstls Ship Voy No Etb/Btr Period From To From AC Tu ARIA 07*024 7/ttM M 06/800 06/169* 06/1*00 ovnoo otm M/im I* 06/1T00 07/MM 07/0*00 rnuuc kn mmo m 06/1900 mam* 06/im 06/800 06/»9* ot/noo a 01/1700 07/0694 07/0*00
        1,912 words
      • 199 45 September 15 Japan: Respect for the Aged Day September 16 Mexico: Independence Day September 23 Japan: Autumnal Equinox Day September 24 South Africa: Heritage Day September 28 Taiwan: Teacher's Day September 30 Hongkong:Mid-Autumn Festival October 1 China: Labour Day Hongkong: National Day Taiwan: Mid Autumn Festival October 3
        199 words
      • 767 45 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        767 words
      • 506 45 C*bo« 180 MM 977.6 03 15.9 0.05 79 0.03 *"9 30 P»«Htr Water tesMue Art Aluminhiw Sedli—nt No above E25 0 0 2 0 0 0 380 Ave 986.6 02 *5.3 0.05 20 0.02 tin* 380 M« 990.5 0.7 18.4 0.08 80 0.00 'W'i vrt s
        506 words
    • AIR & LAND transport
      • 487 46 AFP [LONDON] The first of British Airways' seven Concordes to have completed safety modifications, after last year's freak accident near Paris that killed 113 people, has had its certificate of airworthiness returned, Britain's Civil Aviation Authority (CAA) said yesterday. The step was a
        AFP  -  487 words
      • 441 46 The move is related to transatlantic deal With British Midland Airways in UK Reuters [CHICAGO! United Airlines said on Wednesday it asked federal officials for antitrust immunity in conjunction with a transatlantic alliance with British Midland Airways in the United Kingdom. United spokesman Andy
        Reuters  -  441 words
      • 265 46 Bloomberg (SYDNEY] Qantas Airways Ltd's maintenance crews in Sydney and Melbourne plan a strike next Wednesday that may ground part of the fleet of Australia's largest carrier, to press demands for more pay and better work conditions. "The strike sends a
        Bloomberg  -  265 words
      • 200 46 Bloomberg [MONTREAL] Air Canada, the country's biggest airline, won a 16-year maintenance contract worth US$2B5 million from Atlantic Coast Airlines Holdings Inc to service the US regional carrier's Canadair jet planes. The Canadian airline's maintenance unit landed the agreement to service the
        Bloomberg  -  200 words
      • 126 46 Reuters [BANGKOK] The entire board of directors of Thai Airways International Pic quit yesterday in the wake of a series of rows over management of the carrier and festering labour problems, a director of the company said. Supasit Chumpol, a member of
        Reuters  -  126 words
      • 411 46 It pays 375 m yuan for China Eastern's cargo business; govts yet to approve deal Reuters [TAIPEI] Taiwan's largest carrier China Airlines will pay 375 million renminbi (5578.7 million) for a 25 per cent stake in the cargo unit of China Eastern
        Reuters; FILE PHOTO  -  411 words
      • 410 46 Move to tap Tokyo's bigger business travel market when new ran way opens Bloomberg [TOKYOJ Japan Airlines Co, Asia's biggest carrier, will shift some international flights from regional airports in Japan to Tokyo's Narita airport when a new runway opens to tap more
        Bloomberg  -  410 words
      • 1804 46 cm awn eta fuckt no **8229 2230 LN6300 ux i_ sozn a» '■mm $023 ous uui 2255 6*975 D35 $036 2345 «U37 1455 toddaM *242*6 2045 IH6986 2020 ***** 2045 ***** 2020 S0628I 2020 ****** 2045 S0285 2045 MraM WW 0935 CH49 0725 *1/6*848 1*15 M/CA849
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  • Page 35 Advertisements
    • 23 35 r Admiralty "Casebook: Sterling pounds measure of carrier's obligation, not payment mode: court Pg2 China Air buys 25% of mainland cargo carrier BackPg
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  • Page 38 Advertisements
    • 943 38 SENATOR LINES TOiUKOPE TO MPOU EAST/KAN/MD SEA *9! J"_ J.ji" I*■ I Iwvl ru I«I.. I m I m £S h 25 £2 £2 S2 "J""" —Eir mm m"2 an 22 2"?! 2"!! mm »M HM MM j*M jrj* MTHSJ 2i£ UM 22 2"! 2-! ">** «M »M MM *>•
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    • 540 44 neanrrraH vim 1415/w 71 74/01 nww I iKannio vim 171//W nv/m 0203/10 I ram «i* nn/n tmi/io 0407/10 I Tieainoa mm hh/w 07 05/10 iaii/10 I iigißmHM rrm nx/w onv/io ins/io MI ikboiff 035 im/01 nvw I OTfSSSTOK 373 1415/01 71 73/01 0703/10 I comoaa 4ii i4is/» ?i 73/w 0?
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    • 852 44 FREIGHT LINKS EXPRESS PTE LTD 51 Penjurv Rood, 3rd Level, Freight Links Express Logistkentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT SERVICE KAOHSIIING XINGANG VSfc API rem 012E VSfcWISTHIMS CTASIN: 10/09/01 n»KHM: M/M/01 EUSK 11/M/01 ET>HET:2I/09/01 Booking 267# 5565/4694/5535/5539/5541/5508/5569/5579/5560/5563 PROJECT SHIPMENT A HEAVYUFT CAttGO (CONVENTIONAL A ROKO) Um
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    • 68 44 CONFER (S.E.A.) fen SHIPPING PTE LTD TEL: *****68 FAX: *****45 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SjN CTG EMERALD 01-03 OCT 06-08 OCT direct Fcuicueowvnmoim services to>moari Sub-Contnanl Madras Caicußa BonOey Karach. Cotonfco OMgong Tubconr Ccctwi Far East Ho O* Mnh Haphong Hongkong. Mania Banoo* Buawi FCL/ICL Sarvtc— To: Auslraka
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  • Page 45 Miscellaneous
    • 122 45 LfQEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers X^ x a,n Temperature Cw Wind direction and speed m knots Cloudy Day Weather c>< 3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j c2m J—One halt Heche
      122 words