The Business Times, 7 May 2002
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2002-05-07
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The Business Times
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Title Section15 2002-05-07 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE Internet: http://business-times.asial .com.sg TUESDAY, MAY 7, 200215 words
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Article72 2002-05-07 1 □sn 1,***** (+18.96) ST INDEX FUTURES 1,70&00 (-21.00) SUCKS FUTDBES 214J50 (-1.80) STOCK MABEET INDICES Monday Change KLSECOMP 796.10 +0.44 NIKKEI 225 Closed HANG SENG _1 1,***** -61.02 SET INDEX Closed JAKARTA COMP _539.80 -4.27 MANILA COMP .1367.65 -17.94 TAIPEI WPl Jj,642.48 -267.84 SEOUL COMP 826.87 -29.86 SHENZHEN72 words
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Article72 2002-05-07 1 FOSEX SATES USt St USS |SS per IS$) 1.804 £(i:SS/SS per 1.467 1647 EURG(US$/SS/E). 0 915 1.660 DM 1216 1528 YEN 127.3 70.60 RM 3.800 1106 HK$ 7.799 4.323 BAHT 42J6 23.81 Rl'PtAH 9190 5,148 PBZME BATES SINGAPORE* 525 KUALA LUMPUR 6 41) HONG KONG 5.125 JAKARTA 39.00 TAIPEI72 words
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706 2002-05-07 1 Chuang Peck Ming - Panel also studying proposal to let HDB owners mortgage flats to raise seed money By Chuang Peck Ming [SINGAPORE] A proposal to allow top CPF contributors to withdraw part of their CPF money to finance entrepreneurial ventures is likely to be the latest706 words
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739 2002-05-07 1 Kalpana Rashiwala, Ven Sreenivasan - By Kalpana Rashiwala, Ven Sreenivasan [SINGAPORE] Allowing high-net worth Individuals to put excess pension funds into entrepreneurial ventures could mean less money going to property, stocks and unit trusts, property consultants and analysts said yesterday. The move would "open up another competing739 words
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442 2002-05-07 1 O&M campaign aims to counter ponnding of bad news Bloomberg [HONG KONG] Ogilvy Mather has an answer to the economic malaise gripping Hong Kong: positive thinking. At least that is the theory behind its new "Bounceback Hong Kong!" campaign. Backed by SanBloomberg - 442 words
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Article204 2002-05-07 1 Donald Urquhart - It handles 1.38 m TEUs thanks to higher local volume By] Donald Urquhart [SINGAPORE] Reflecting signs of a possible recovery in global container traffic, PSA Corporation has reported 9 per cent year-on-year throughput growth at its Singapore terminals in April. The local terminals handled204 words
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Article, Illustration181 2002-05-07 1 [PARIS] President Jacques Chirac was re-elected on Sunday by the widest margin in French history, as voters from the left and the right turned out in droves to categorically defeat the extremist Jean-Marie Le Pen. Nonetheless, Mr Le Pen, who shocked the nation by qualifyingAP - 181 words
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273 2002-05-07 1 [SINGAPORE] The shares of Dayen Environmental defied expectations to surge 7.5 cents, or 14 per cent, to 62 cents yesterday despite its restrictive "designated" status. The Singapore Exchange made the counter a designated stock last Friday. This means sales have to be backed273 words
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419 2002-05-07 1 Audrey Tan - From, Audrey Tan in Hong Kong THE Hong Kong government said yesterday that it hopes to sell some HK$2B.5 billion (556.6 billion) worth of stocks through the Tracker Fund by the end of this year, in a move which some analysts419 words
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Page 1 Advertisements
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Advertisement102 2002-05-07 1 msmE BT Comment Lee Han Shih: Why land sales won't be the same. Pg a Top Stories Q1 total insurance new premiums down by half. Next Page Sing Tel sinks on write-down, IDA court case jitters. Pg 3 Govt's move tscrap 24.5% withholding tax on foreign arbitrators will give much-needed102 words
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Advertisement25 2002-05-07 1 The puww of fear and greed, Pg 4 Region can gain from China boom: 'W x i I Dr Mahathir Next Psge f A I25 words
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ON THE grapevine
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Article71 2002-05-07 2 THOSE watching and waiting for the divestment of non-core assets by OCBC Bank may have been wasting their time. The bank formed a review committee on Oct 15 last year to look into the matter. But, according to its latest annual report, the committee did not71 words
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Article47 2002-05-07 2 IT'S hard to build a database of potential real estate customers these days, but Louis Yeap Realty has come up with another novel scheme. It's offering discount cards at various eateries after its earlier cash incentives to people to recommend friends who seal a deal.47 words
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Article135 2002-05-07 2 WHAT causes heart attacks? Clue: It's not the food and drink at least, not according to www.globalprovince.com, a website that dubs itself "The Marketplace for Business Ideas". A contribution on the site's Global Wit and Wisdom page points out that: (a) The Japanese eat very little fat and135 words
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Article75 2002-05-07 2 THIS came from one of our readers. At Great World City, where they have implemented a cash card parking system, there's a warning sign: "Loss of Cash Card Penalty $20." Paying a penalty for losing your possession seems a bit rich. They make use of your card for75 words
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Article, Illustration431 2002-05-07 2 Diana Oon Abdullah - He says while ITsia has lost some FDI, it will seek to boost trade with Bering From Diana Oon Abdullah in Kuala Lumpur CHINA'S bounding economy and the massive flow of foreign direct investments into the country do not add up to aAFP - 431 words
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421 2002-05-07 2 Chen Huifen - Their expansion plans gignal optimism for sector By Chen Huifen [SINGAPORE] Sentiment in the semiconductor industry appears to be turning bullish as three chip equipment makers have announced new investments at the SEMICON Singapore 2002 exhibition. Kulicke Sofia, which already operates two421 words
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Article48 2002-05-07 2 OUR Saturday report on "Unanswered pleas on costs", quoted Singapore Confederation of Industries honorary secretary Moh Chong Tau as asking for CPF relief for hiring graduates. SCI has clarified that it was asking for tax incentives to be granted to professionals who work for small and medium-enterprises.48 words
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593 2002-05-07 2 Genevieve Cua - But final year's tally will likely hit $&sb-7b: LIA head By Genevieve Cua [SINGAPORE] The life insurance industry saw new business premiums dropping sharply by 50 per cent in the first quarter, but Life Insurance Association (LIA) president Tan Beng Lee is593 words
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Page 2 Advertisements
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Advertisement410 2002-05-07 2 KPMGSeminarSeries Budget 2002 Tuesday, 14 May 2002, 9.00 am to I.oopm Orchard Hotel Singapore What The Sub-Committee on Taxation, CPF, Wages and Land of the Economic Review Committee (ERC) has just released its recommendations for the restructuring of the tax system to ensure that it stays relevant. The recommendations included410 words
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SINGAPORE companies
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602 2002-05-07 3 Angela Tan - Provisions for overseas assets may hit its results, analysts say By Angela Tan SINGAPORE Telecommunications shares tested their key $1.49 support level yesterday on write-down jitters as well as its looming court case brought on by the Infocomm Development Authority of Singapore602 words
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Article, Illustration698 2002-05-07 3 david boey - ■TOW lock siew david boey PROPOSAL by Venture Manufacturing to change its name to Venture Corporation will be put to a vote by shareholders on Friday next week (May 17) at the company's annual general meeting. The proposed name change by Singapore's largest listed698 words
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370 2002-05-07 3 Teh Hooi Ling - By' Teh Hooi Ling PANPAC Media.com yesterday announced plans to increase its stake in private education firm Auston Technology Group (ATG) to 58 per cent, making the latter a subsidiary. Panpac, which now owns just 2.4 per cent of ATG, intends to370 words
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Article393 2002-05-07 5 Kalpana Rashiwala - Firm signs MOU to boy foreign firm for $70m through the issne of new shares at 9 cents apiece By] Kalpana Rashiwala LOSS-MAKING electronics component company Teamsphere yesterday inked an agreement to buy a French Polynesian-incorporated firm with property and other assets in Tahiti and Germany393 words
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149 2002-05-07 5 INTRACO will buy the 51 per cent of Intra Wave it does not already own from Teledata (Singapore), its 50.8 per cent subsidiary, for $7.5 million. The purchase includes all money due or owed to Teledata by Intra Wave in respect of loans149 words
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Article, Illustration276 2002-05-07 5 Aaron Low - By Aaron Low MAINBOARD-LISTED Unisteel Technology Limited yesterday reported a 117 per cent growth in net profit to $4.2 million for Ql 2002, from $1.9 million in Ql2OOl. Unisteel also announced a l-for-4 bonus share issue to reward shareholders as well as reflectFILE PHOTO - 276 words
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Article327 2002-05-07 5 Adeline Chiah - Turnover rises 27% on better sales at US, UK subsidiaries By, Adeline Chiah A GROUP revamp brought stability to CSE Systems Engineering, helping it to post a 128 per cent higher net profit of $2.5 million on $32.3 million turnover for the three months327 words
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Article, Illustration274 2002-05-07 6 Grace Tan - $5m proceeds will go to expansion, IT system and working capital By Grace Tan WESTECH Electronics plans to raise $5 million through an initial public offering on the second board. A distributor and manufacturers' representative of electronics components, systems and equipment, theARTHUR LEE - 274 words
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323 2002-05-07 6 It advises investors to sell S$ bonds and boy US$ bonds to get 30 bps more Reuters [HONG KONG] Investors in Singapore's OCBC Bank should sell its Singapore dollar denominated paper due in 2011 and buy its US dollar bonds maturingReuters - 323 words
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164 2002-05-07 6 Bloomberg (JAKARTA] PT Astra International, Indonesia's largest automobile maker and distributor, will be best able to cut debt by making a rights offer, Samuel Sekuritas analyst Sri Wijayaningrum said in a report. A sale of stock to current shareholders that raisesBloomberg - 164 words
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Page 3 Advertisements
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Advertisement159 2002-05-07 3 11 1 mM r i 9P m mm x m \Qy mini i M I i i I You can either keep up with a changing world. Or overtake it. Markets change, people change, global development makes our visions become reality and is shaping the future. Change is an on-going159 words
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SINGAPORE markets
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Article, Illustration316 2002-05-07 4 OTHER SINGAPORE INDICES May 6 VALUE CLOSE BTOfi/OS 289.00 52.00 BTCMN -*****.00 84.00 *****.00 28.00 MUCEpHH 454.09 -5.17 StrpinBrt 156.74 3.69 XTrnUuHm 1513.14 15.08 SGEqeWesFrep 435.40 4.63 MSCI Singapore 215.78 -2.93 SMSCIFrtum 214.50 -1.80 Stocks Volume QtanHu 10c 29,149.000 GokJtroo 5c 18.951.000 »PC0 20c 17.740.000 Serial Sys 10c 17.526.000 Chosen316 words
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Article, Illustration249 2002-05-07 4 Ven Sreenivasan - HOT STOCK/ WARRANT By' Ven Sreenivasan GIVEN the downside risk of the local stock market at the moment, it would be a smart move to start looking at fundamentally strong mid-caps. And one that fits the bill is Hong Leong Asia.. After249 words
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Article, Illustration735 2002-05-07 4 r. sivanithy - l I comment STOCKS r. sivanithy WHAT'S the key thing to remember before taking the plunge and sinking your hardearned savings into stocks? Simply this: Never underestimate the power of the two emotions that drive prices fear and greed. Especially in the local market,735 words
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Article, Illustration573 2002-05-07 4 larry wee - l=iricomment CURRENTS Pjm* {Htaonsomej: numbers add to wfceg for the greenback larry wee THE punch-drunk US dollar took another beating in Asian trading yesterday, falling to levels not seen since late last year against a range of currencies. Led by theSource: Reuters - 573 words
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Article2827 2002-05-07 4 UNIT TRUSTS FUNDS Citi PanEurope Equity Fund 1 Oft CitiSelect Asm Till Balanced 1 2» CitiSelect Asia Tilt Growth 1J« ABM Amro Asset Mgt (S pore) CrtiSetect Am Tilt Enh Grth 117/ Star Europe Eqty!* 0.77* CitiSelect Global Growth 1 09* Star Europe Bd 0.97S OtiSetect Global Income 112/ Star2,827 words
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Page 5 Advertisements
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Advertisement436 2002-05-07 5 ROYAL t iMT ORCHID JMf s- vv Upgrade Your Travel I .y///!> A wiih THAI Tha <u Exceptional SavinvswF jgMj? JL C jpp r "l *> 1 v-.. A very special privilege for THAI Royal Orchid Plus members from now till October 31. 2002' Enjoy discounts of up to 50%436 words
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Page 6 Advertisements
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Advertisement239 2002-05-07 6 fIJHEPT fv (j ~^fl Ak Jardin Presents: -> jf Sandor Amanda Palmai Of Landhous, Barossa Valley, South Australia with wines from Torbreck and Vega Sicilia. Robert M. Parker gave them special mention in his article on his "Most Memorable Meals of 2001". Sandor Amanda Palmai have been hailed as Australia's239 words
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SINGAPORE news
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358 2002-05-07 7 Anna Teo - l=M=f on the economy outlook By Anna Teo THE Budget isn't likely to have a great direct impact on the economy this year, says IDEAglobal. But following the upward revision to the Ql GDP numbers and the official growth forecast for 2002,358 words
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Article, Illustration258 2002-05-07 7 Vince Chong - Industrial project offers scheme similar to that in residential sector By Vince Chong THE industrial sector has latched on to a sweetener used by residential developers to attract buyers deferred payment. The scheme will be available to purchasers of stratatitled units at the258 words
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Article, Illustration338 2002-05-07 7 Kalpana Rashiwala - The 15-nnit development to be relaunched this weekend at an average price of $820 per sq ft By Kalpana Rashiwala FREEHOLD apartment prices in the Balmoral/Ewe Boon area will see a low in the current market when the 15-unit Chiverton is relaunched338 words
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185 2002-05-07 9 THE Consumers Association of Singapore (Case) will set up a task force to monitor prices before and after the increase in the Goods and Services Tax from 3 to 5 per cent on Jan 1 next year. Case chairman Stephen Loke185 words
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388 2002-05-07 9 Dow Jones Newswires [TAIPEI] Taiwanese prosecutors, who have subpoenaed the pilot and co-pilots of a Singapore Airlines plane that crashed two years ago killing 83 people, have yet to decide whether to prosecute them, an official said yesterday. The Los Angeles-boundDow Jones Newswires - 388 words
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NEWS Roundup
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Article80 2002-05-07 9 THE Royal Plaza on Scotts hotel is using a grant from SPRING Singapore formerly the Productivity and Standards Board to fund a project to redesign work processes for reservations, guest check-in and check-out. Spring Singapore will subsidise 90 per cent of the external consultancy80 words
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38 2002-05-07 9 ADVERTISING group Ogilvy Mather Singapore has promoted Michael Burgess to creative services director of group creative services. Mr Burgess will manage three different units design direct, advertising studio and print production as one.38 words
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Article82 2002-05-07 9 TO FIND out how much your family can get from the $4.1 billion GST offset package, use the online calculator offered by the Ministry of Finance at the Budget 2002 website (www.budget2oo2.gov.sg). Enter the number of adults in your family and the type of82 words
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487 2002-05-07 9 Conrad Raj - Spin-offs will far outweigh loss of small amount, says legal community By Conrad Raj THE government's move to scrap the 24.5 per cent withholding tax on foreign arbitrators will give a muchneeded boost to Singapore's position as an international arbitration centre, according to the487 words
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Page 7 Advertisements
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Advertisement159 2002-05-07 7 H K| H I For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial, banking159 words
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Advertisement303 2002-05-07 7 Z"3Efe3 ifl i n ■■A«HiIH?wViPSHHIi3HI Choose World Business Class SM and you know exactly what's awaiting you seats that recline to 150°, first-class cuisine and a digital entertainment system. What's more, for a limited time, it's easier than ever to earn a free ticket. Simply fly World Business Class to303 words
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FOCUS property
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Article, Illustration592 2002-05-07 8 lee han shih - 1 11 comment PROPERTY Direct sale to SLF has hurt the scheme's effectiveness lee han shih The government land sale programme died last week. All right, to be precise, it is still alive, and in all likelihood will limp along for years to592 words
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Advertisement306 2002-05-07 8 BIZLINK The Perfect Premises Eh I Egg For Your Business 59 ÜBI AVENUE 1 Economy is recovering, own your premises for a monthly repayment of $968.00* onwards. ££3Sfi^ t 1 7 Distinct Features: r I''' Unit size ranges from 764 sf 3sr 4 s.-s^EHoe Air-conditioned and basic unit available Column306 words
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Advertisement154 2002-05-07 8 a 33 AND 34 BOAT QUAY FOR SALE BY TENDER PRIME CONSERVATION SHOPHOUSES Description An adjacent pair of restored 3-storey conservation shophouses Location At a prominent section of Boat Quay nearest to UOB Plaza Tenure 999 years leasehold Land Area 1,433.7 sq ft (33 Boat Quay) 1,414.4 sq ft (34154 words
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Advertisement63 2002-05-07 8 gßaJuag^Ha^mf'Hr^ r Dente m ■HkK^ SHELLFISH CRUSTACEANS PROMOTION Indulge in mouth-watering seafood delights this month from all time favourites of freshly shucked oysters, grilled shrimps, broiled lobster tails along with many more of our Chefs special creations from $9 90 onwards' (Available for dinner only) Kindly call for reservations 663 words
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Advertisement158 2002-05-07 8 JSm Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800 289-9988 for this free service. Another Classified Service FORD MOTOR CREDIT COMPANY Floating Rate Global Landmark Securities (GlobLS)™ Due October 27, 2003 Common Code: *****7485 I SIN: X **********0 CUSIP No.: *****7 TVS In accordance with the158 words
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Page 9 Advertisements
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Advertisement263 2002-05-07 9 y (orbbcrtr With the recent increase in beer duty, Carlsberg Singapore Pte Ltd has adjusted its consumer pricing correspondingly, as follows: CARLSBERG GREEN LABEL SPECIAL BREW Packaging Size Duty Increase Carisberg's Increase Quart (big) Bottle 20<t/bottle 20c/bottle Pint (small) Bottle 10<t/bottle 10«/ bottle Can 10«/ can 10«/ can Price increase263 words
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EDITORIAL & opinion
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Article, Illustration727 2002-05-07 10 harish mehta - STTT4 bottom line OPINION harish mehta The writer isßT's Bangkok correspondent and Indochina specialist THE military rulers of Myanmar have, at long last released democracy leader, Aung San Suu Kyi Hie 56-year-old leader had been under house arrest for the last 19 months, and727 words
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Article106 2002-05-07 10 They sat down, and this one got a piece of it and that one got a piece of it; everybody got a piece of it, except us.' Jean-Marie Le Pen defeated French presidential candidate, alleging that France hasgiven billions in aid to Africa, but 20 per cent106 words
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Article576 2002-05-07 10 EDITORIAL WHEN DPM Lee Hsien Loong tabled his maiden Budget as Finance Minister last Friday, he knew what he was up against The sweeping changes of the last five years have fundamentally reshaped the world" he noted It's a sombre context for a576 words
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Article, Illustration941 2002-05-07 10 Leon Hadar - Knowing the father, the two thought they knew the son. Bnt political differences between the US and the important global players precluded any real warmth in their meetings From] Leon Hadar The writer is BT's Washington correspondent in Washington YOU didn't have toAP - 941 words
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Article808 2002-05-07 10 Louis Uchitelle - COMMENTARY The US economy is still shaky, despite that encouraging growth in Q1 By Louis Uchitelle NYT NOW comes the hard part. Put aside the recession, and the marvellous surge in the first quarter. That certainly did wonders for appearances. But, in fact, the US economyNYT - 808 words
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MAIL bag
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Article, Illustration410 2002-05-07 11 Shamala Kandiah, Heather Li - Shamala Kandiah, Heather Li Managing Partners. Indigo Media Pte Ltd JOHN Miller's article on CEO branding (Selling the company using the CEO brand, April 30) begins to explore the burgeoning interest in making the Asian CEO more of a public Figure. In our work withREUTERS FILE PHOTO - 410 words
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199 2002-05-07 11 Chia Hui Ping, Singapore - Chia Hui Ping, Singapore IN the Budget statement. Deputy Prime Minister Lee Hsien Loong announced that the government has accepted the recommendation of the Economic Review Committee's tax subcommittee on introducing the one-tier corporate tax system starting Jan 1.2003. This will replace the full imputation system.199 words
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177 2002-05-07 11 Poh Chin Leong, Alex, Singapore - Poh Chin Leong, Alex, Singapore THE impression given is that everyone who pays income tax will pay less under the new tax regime. But will they? For example, under the existing regime, a non-NSman with an assessable income of $20,000 after personal relief177 words
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Article462 2002-05-07 11 Denis Distant, Singapore - Denis Distant, Singapore I REFER to your article "No need for circuit breakers" by R Sivanithy (Hock Lock Siew, May 1) which argued the case for the Singapore Exchange (SGX) not introducing circuit breakers as a check on violent fluctuations in the traded prices of462 words
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Advertisement70 2002-05-07 11 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language,70 words
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Advertisement143 2002-05-07 11 lUQ 11 TV R. YOU'RE PROTECTED AGAINST HACKERS, VIRUSES AND WORMS. BUT WHAT ABOUT ROSE IN HUMAN RESOURCES? eTrust" Security Solutions Complete protection for your entire enterprise. When it comes to protecting your business, you need security that can protect your enterprise from potential threats, no matter where they may143 words
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REGIONAL news
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Article, Illustration403 2002-05-07 12 KUALA LUMPUR It says 40% role puts cars with higher local content at disadvantage Reuters AFP PRIME Minister Mahathir Mohamad yesterday said South-east Asian nations should re-examine their pact to reduce tariffs so that carmakers with high local content, like Malaysia's Proton,Reuters; AFP; REUTERS FILE PHOTO - 403 words
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389 2002-05-07 12 Harish Mehta - Slow pace of debt negotiations cited as stumbling block From Harish Mehta in Bangkok A US$5OO million matching fund, set up early this year to invest in Thai companies undergoing debt restructuring. has failed to close any deals because of the slow pace389 words
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260 2002-05-07 12 JAKARTA They won't fetch good prices now, says Ibra chief Bloomberg INDONESIA'S bank rescue agency said it plans to sell securities backed by properties as it runs out of time to sell assets taken over during the 1997-98 crisis. The Indonesian Bank Restructuring Agency (Ibra).Bloomberg - 260 words
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336 2002-05-07 12 MANILA Reuters PHILIPPINE consumer prices grew less than expected in the year to April, the government announced yesterday, and the central bank said the number supported its decision to maintain interest rates at current levels. Analysts said they saw a slight uptickReuters - 336 words
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Article, Illustration417 2002-05-07 13 ■YANGON Elections could be held within 2 to 3 years, says special UN envoy Reuters AP NOBEL peace laureate Aung San Suu Kyi was freed yesterday from 19 months of house arrest in Myanmar and told hundreds of rapturous supporters that sheReuters; AP; REUTERS - 417 words
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271 2002-05-07 13 KUALA LUMPUR Reuters THE UN special envoy to Myanmar yesterday said he had no idea a company he heads may have won a lucrative business deal in the country while he was engaged in mediation between the military government and pro-democracyReuters - 271 words
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NOTE Book
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65 2002-05-07 13 AFP [JAKARTA] Indonesia's state electricity company will be unable to meet rising demand unless it obtains 99 trillion rupiah (5519.2 billion) for investment over the next four years, Kompas daily reported yesterday. Perusaahan Listrik Negara (PLN) needs new investment of 99 trillion rupiah upAFP - 65 words
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Article83 2002-05-07 13 Dow Jones Newswires [MANILA] The Philippine Stock Exchange has asked the Supreme Court to bar Manila Banking Corp, a thrift bank, from recovering a seat in the bourse, Business World reports, citing court documents. The bank acquired the seat, worth 40 million pesos (SSI.4Dow Jones Newswires - 83 words
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Article84 2002-05-07 13 Reuters [HONG KONG] Hong Kong government controlled commuter railway MTR Corp wants to build two above-ground rail links worth some HK$5 billion (Ssl.2 billion), the Hong Kong iMail reported yesterday. It wants to build a link from shopping hot spot Tsim Sha TsuiReuters - 84 words
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Article38 2002-05-07 13 Bloomberg [HONG KONG] Shanghai businessman Chau Ching Ngai plans to buy control of Hong Kong wireless Internet company imGO Ltd from Hutchison Whampoa, Ericsson AB and Investor AB for HK$l.5 billion (***** million). BloombergBloomberg - 38 words
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165 2002-05-07 13 MANILA Bloomberg PHILIPPINE Long Distance Telephone Co's (PLDT) credit rating was raised one notch by Standard Poor's, which said the company's recent sale of US$35O million of bonds lowered shortterm financing risks. S&P said the rating was raised to 88, two notchesBloomberg - 165 words
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Article, Illustration425 2002-05-07 15 Economy's fragile recovery, jump in jobless rate cited Reuters Bloomberg (WASHINGTON] Federal Reserve policy-makers are not likely to start raising interest rates for several more months after April's jump in the jobless rate to a 7 1 year high suggested the USReuters; Bloomberg - 425 words
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Article318 2002-05-07 15 HONGKONG It's Asia's first contract based on the US index, bnt Osaka is expected to follow suit soon Dow Jones Newswires THE Hong Kong Futures Exchange yesterday launched Asia's first futures contract based on the Dow Jones Industrial Average and a market source said Osaka mayDow Jones Newswires - 318 words
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123 2002-05-07 15 TAIPEI Reuters TAIWAN plans to sell NT$6OO billion (5531.2 billion) in state-owned shares, a newspaper reported yesterday. The Economic Daily News quoted an economic planning official as saying the cabinet's Development Fund would coordinate the sales, which were slated to begin thisReuters - 123 words
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Advertisement2670 2002-05-07 12 lgoo *****22/ Email recruitsgspb.com st TYE SOON LIMITED Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Forty-Sixth Annual General Meeting of Tye Soon Limited will be held ng C unt /y aub. 9 Science Centre Road. Singapore *****8 on Wednesday the 29" Mav 2002 at 10.00 a2,670 words
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Advertisement143 2002-05-07 13 BHnCall toll-free 1800 289 8822 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LTH SYNERGY PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the members of the abovenamed143 words
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Advertisement135 2002-05-07 13 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF S-TRI PTE LTD (IN MEMBERS VOLUNTARY WINDING UP) NOTICE OF FINAL MKKTINf: NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the FINAL .MEETING of the Members of the Company135 words
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Advertisement311 2002-05-07 13 To g,ve you a dearer picture. n .0 digita,,, transiting me Encyclopedia Bntannica across .he globe in the blink 0. an eye. No mere tea,. s accomplished via SingAREN (Singapore Advanced Research and Education Network wh,ch ,s a nabooal mrtabve to a very h,gh speed broadband netwo* des,gned ,0 supp*,311 words
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Advertisement1969 2002-05-07 14 MWBj The Business Times, Tuesday. May 7,2002 8822 Email rtcn.itsgsphcoa.st I EO] HWA h °NG corporation limited J UUmj (Incorporated in the Republic of Singapore) I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the Forty-Ninth Annual General Meeting of the Company I will be held at1,969 words
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Advertisement1692 2002-05-07 14 L mdzfl SM SUMMIT HOLDINGS LIMITED (Incorporated In Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SM SUMMIT HOLDINGS UMITED ("the Company will be held at The Board Room. 45 Utx Road 1. Summit Building Sinqaoore *****6 on Thursday. 23 May 20021,692 words
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Advertisement447 2002-05-07 14 In the Matter of The Companies Act. Cap 50 and in the Matter of GUANGHAJ SHIPPING PTE LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of tie abovenamed Company duly convened and held at 10 Anson Road. t35-11, international Plaza. Singapore *****3 on Monday, the «th day of447 words
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Advertisement1751 2002-05-07 14 I R E. CORPORATION LIMITED NOTICE OF RNNURL GENERRL MEETING CORPORATION ttttTrn Annual G ner Mating of I.R E 1 Genti 9 Um 907 1 ¥enom mdurtnal !£j£ ThlKvUy MOJ 10.00 in fo, the ORDINARY BUSINESS 1 <*«*"«* «Of the year ended 31 December 2001 and the Reports of th1,751 words
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Advertisement893 2002-05-07 15 Email rccruitsesph.com.sg LIANG HUAT ALUMINIUM LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of LIANG HUAT ALUMINIUM LIMITED will be held at 51 Benoi Road. Liang Huat Industrial Complex, Ist Floor, Singapore *****8 on Thursday. 30 May893 words
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Advertisement1512 2002-05-07 15 In the merry month of May. I'M Master C het Ho from Tien C our! bring to you mouth-watering delights. Sichuan Spec ials Daily specials include the simple yet Jlavourtul Country-Style Fried Crab as vyell as the popular favourite, Double-Boiled BSuperior Shark's Fin with m&M*--'' iM{ Mothers Day Promotion _A)1,512 words
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REGION world
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Article, Illustration558 2002-05-07 16 Macabe Keliher - Fears that drought could halt high-tech output sends bourse to 8-month low From. Macabe Keliher in Ta ipei FACING a water shortage that could cripple industrial production on the island, investors sent the Taiwan market spiralling downwards yesterday for the sixth time in sevenAFP FILE PHOTO - 558 words
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348 2002-05-07 16 HONGKONG 3.6% growth seen for 2002, 4-5% for 2003; deflation believed to be structural AFP HONG KONG'S economy has bottomed out and the territory is set to experience a consumer-led recovery, a unit of the European financial group ING Barings said yesterday. ING FinancialAFP - 348 words
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254 2002-05-07 16 WASHINGTON IT sales growth less than 1% last year, says trade body Reuters ONE out of every 20 US high-tech jobs disappeared last year as the dotcom bubble burst and the larger economy tipped into recession, according to industry figures released yesterday. The US high-techReuters - 254 words
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238 2002-05-07 16 Dow Jones Newswires [TOKYOJ Growth in overall corporate IT spending is likely to stall in the years to come because a substantial amount of investment has already been made. The upshot of this trend is that the ratio of corporate investment in IT hardwareDow Jones Newswires - 238 words
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Article, Illustration1095 2002-05-07 16 Transaction date: May 6 1 W-«nes aw 1-3>w Unt>3^ mtbbBIW CTOBS KATES <3 E»» "r >■ K> ym mm rn mm* Hm —8 s* m U*Hm* W tmt 0J42 mm 1194 4202 24J#4 ***** 0J 2-047 1203 32J92 ***** 0.972 5595 0458 «4I9 21)45 0J67 0.5)9 I®? 5 301,095 words
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Page 16 Advertisements
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Advertisement1108 2002-05-07 16 Notice of Annual General Meeting MM Nippecraft Limited HB (incorporated in the Republic of Singapore) To All Shareholders NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held in the Board Room at 9 Fan Yoone Road Singapore *****7. on Wednesday. 29th May 2002, at1,108 words
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Page 17 Advertisements
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Advertisement2697 2002-05-07 17 Page 48M£)g.ktm As] V*y CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED I (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Marina Mandarin Sinaaoote I LBVel 1 RaHteS ooutevard Manna Square Singapore *****42,697 words
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Advertisement2150 2002-05-07 17 JPil lt< wl w Notice of Annual General Meeting Annua, o General Mee,,n 9 of H otung investment Hold.ngs L.m.ted (the Company) w.ll be held at Grand Formosa Regent Ta.De,. Function Rnom No v.p y *»h c.L, Vl 2 Ta,Pe Ta,Waa R C 30! 200? 1000 a m AS ORDINARY2,150 words
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Advertisement1285 2002-05-07 17 7W!nWO(JO" engineering limited NOTICE IS HEREBY GIVEN that the Annual General Meeting of Twin wood Engineering Limited will be held on 23 May 2002 at Ck s,n wre 6086,8 ORDINARY BUSINESS 1 p rec ve and adopt the Directors' Report and Audited Accounts for the financial year ended 31 December1,285 words
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Advertisement217 2002-05-07 17 In Die Manet of the Companes Act. Cap SO And kt the Matter of MYBIZ SINGAPORE PTE LTD STATUTORY DECLARATION BY MRECTOftS OF COWWrrS NABLTTY TO CONTMUE BUSMESS BY REASON OF ITS UABUTKS We Cheong Yuk Wa. Oo 2nd Floor Enterptise 3 (RUIA) Technology Parti Malaysia Bt JaM ***** Kuala217 words
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WORLD news
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273 2002-05-07 18 Reuters [NEW YORK] Analysts were offered bonuses and a percentage of the profits from investment banking deals in recent years, job contracts from major Wall Street firms show, the Wall Street Journal reported in its online edition yesterday. In an analysis of oneReuters - 273 words
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WORLD Watch
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78 2002-05-07 18 Bloomberg [SEOUL] Hynix Semiconductor shareholders are seeking a court order to bar a creditor takeover that will leave them powerless to keep the company from being broken up and sold. The investor group may also file suit against Korea Exchange Bank, Hanvit Bank,Bloomberg - 78 words
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58 2002-05-07 18 AFP [SEOUL] South Korea's biggest mobile phone operator SK Telecom yesterday said its net profit rose 9.8 per cent year-on-year to 447 billion won (***** million) in the three months to March. The figure reflected the results of mobile phone carrier ShinsegiAFP - 58 words
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47 2002-05-07 18 AP [TOKYO] Japanese mega bank Mitsubishi Tokyo Financial Group plans to dispose of around 500 billion yen (Ss7 billion) in bad loans this fiscal year, primarily by selling them to a government-backed debt collection agency, the Mainichi newspaper reported yesterday.—APAP - 47 words
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Article70 2002-05-07 18 AFP [STUTTGART] The biggest German industrial union, IG Metall, began its first full day of strikes for seven years yesterday with walkouts in the south-western state of Baden-Wuerttemberg. More than 50,000 employees in 20 regional companies were called on to lay down their tools,AFP - 70 words
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562 2002-05-07 18 LONDON Opec may not increase output as market is oversupplied: Qatar Bloomberg CRUDE oil prices fell as much as 2.4 per cent after Iraq, which pumps about 3 per cent of the world's oil, said it will resume exports following aBloomberg - 562 words
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Article, Illustration173 2002-05-07 18 AFP [TAIPEI] Intel Corp chief executive Craig Barrett has poured cold water on hopes of a speedy recovery in the technology sector, saying yesterday the personal computer industry will remain "relatively flat" in the current quarter. A pick-up in the US economyAFP - 173 words
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Article, Illustration578 2002-05-07 19 ANDERSEN SAGA He blasts CEOs' huge pay packages, says stock options in many cases hart firms and investors Reuters [OMAHA, Nebraska] Billionaire investor Warren Buffett hit out at bad accounting practices and huge stock option plans for greedy CEOs, butReuters - 578 words
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292 2002-05-07 19 Reuters Bloomberg NYT [HOUSTON] Jury selection was set to begin yesterday in a trial whose outcome will have great bearing on Andersen's future. The federal obstruction of justice trial is the first criminal case related to the collapse of Enron Corp to goReuters; Bloomberg; NYT - 292 words
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371 2002-05-07 19 LONDON But consumers rill lack confidence; growth may slow Bloomberg EUROPEAN banks, airlines, hotels and other service companies expanded for a fourth month in April. Executives said the pace of recovery may slow. An index of 2,000 businesses in the dozen nations sharingBloomberg - 371 words
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356 2002-05-07 20 SYDNEY It will be the biggest writedown in Australian corporate history AFP RUPERT Murdoch's News Corp was yesterday reported to be facing the biggest writedown in Australian corporate history when it takes an expected Aslo billion (559.7 billion) hit on its disastrous investmentAFP - 356 words
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Article, Illustration286 2002-05-07 20 SEOUL AFP SOUTH Korean President Kim Dae Jung quit his ruling party and made a new public apology yesterday as anger mounted nationwide over alleged corruption by his sons and aides. Mr Kim said in a statement read at a press conferenceAFP; REUTERS - 286 words
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151 2002-05-07 20 Reuters [SEOUL] South Korea announced plans to sell a US$4 billion stake in telecoms company KT Corp yesterday, a key step in Seoul's privatisation drive, but placed conditions to prevent any single company from taking control. The Ministry of Information and CommunicationReuters - 151 words
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583 2002-05-07 21 Walter Hewlett's call for more open governing practices resonate well beyond the computer industry NYT [NEW YORK] The Hewlett-Packard proxy fight was seen as a rare example of shareholder democracy in action, of corporate life imitating the rough-and-tumble of politics. ItNYT - 583 words
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Article1586 2002-05-07 18 SICOM ruTuaBS May 6 RUBBER Fatnm (Qosmq prices) RSS1 (S cwtsAq) CIom Volant Omm H» U. (to-w) JS Jun 02 121.75 Jul 02 ***** *°Q 02 ***** Sep 02 ***** RSS3(U$CMbAq) VoImm Otto Moatt |#9j> U«* Sett (town) totamt J" 02 6625 WOO *<* 66.00 2900 Aug02 66.00 29001,586 words
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Page 18 Advertisements
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Advertisement757 2002-05-07 18 REED GROUP HOLDINGS LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Reed Group Holdings Limited ("the Company*) will be held at 9 Temasek Boulevard #08-01 Suntec Tower Two Singapore *****9 on Tuesday. 22 May 2002 at 10.00 am for the following purposes757 words
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Article4739 2002-05-07 19 Transaction date: May 6 for more, go to uyunvxisiamieiimarketsjcom H HONG KONG kigam. 1.02 010 23sxo Vol Interchma Hldgs 083 unch 1550 HP *>- HI Intecform Ceramics 0.02 inch ***** Infl Bank of Asia— -2-20 003 7730 AoossAsia Multimedia—.034 002 0 .Regent Group A3! inch 0 Alpha General4,739 words
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Page 19 Advertisements
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Advertisement15 2002-05-07 19 jf mm GENEVE fcUHfINHNLE jJe information: Geneva Master 6732 1506. www.gmtsingapore .com by Patek Philippe15 words
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Article2358 2002-05-07 20 Transaction date: May 6 KUALA LUMPUR 2JO 406 2 Vol w Industries 0.32 unch 30 m W- COOO) Gadang 1.49 0 09 120 Gamuoa j6.35 405 1172 A AMRealty US -008 54 GanadCorp 143 inch 30 Abrx 1.92 401 109 GaruTech 1.32 unth 0 ACP Industrie 3.60 -004 612,358 words
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Article716 2002-05-07 20 Transaction date: May 6 o—»l »»<*—» i QM» OH ff ?£> «S5 5^"~ ISOt J3 ,J4 ««o» CjptlUnd IJi 1.720 0050 OOC 9 99 13 100 aHoS»° n<>2,t In 'MS -aH» O!L»£TKc o«? 5nm 522 032 <"» U«MN*T25c 0J1 20.400 -0.400 SGX lc 00 1 JK> *0.010 1M0» -0J00716 words
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Article632 2002-05-07 20 BONDS WARRANTS U* NCm Eur 'oSc *3*1 ''"'"J *«r- (IMWUtw Wn uft AST1M*****1 17 -05 8 1 16 6 1.50 25 Acma Ltd W*****6 1 50 430 333 30 Amtefc WQS0610 H 1.5 30 1 33 2 1 49 37 Amwrong W*****0 AS unch 20 1 10 21 267 24632 words
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Page 20 Advertisements
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Advertisement92 2002-05-07 20 New Beginnings Nominations for the 2002 eso.startup awards are now open. To be eligible, a company must: j i I 1)6 3 PriVately he,d entefprise be under 5 years old vUt tj (from date of incorporation) have a strong nexus f I to 1 yeaf yjW audited financial results H92 words
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Article5221 2002-05-07 21 Transaction date: May 6 for live prices, log on to uwwxisiaoriernarketsxorn ,.0l> IstQwto Griftr M» GrTM MM MC» Nttof w# urn Ctmm Sd» cow u» 8r» i* cv m v3 w5 9 6 ABNAmroNLG 56c 9 12 14 t> 22.5 3-5 c ACE Dynamics20c 17.5 16 5 ig5,221 words
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Article50 2002-05-07 21 11J40 40 s Dumonds ***** 6890 3830 s ISDJUSTecti US4610 sn 440 s IS MSG Spore US575 I I 1MJ0 WTO i ISS4PSOO US***** iiaao U150 9950 s SPORS US***** iaos 1 ?04 c sn ftt 100 1723 -17 1740 1723 1722 1724 I I I I I50 words
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Article1399 2002-05-07 21 iJ2 rS!L Crt>i G y MC« WtAwg ■p w l_£j£| Ml W- p— W» U» m*m Utm Cm HI >3 w3 12.5 12 A8R Hldgs St US <05 152 19 18S 1S5 19 405 12 c APCMSc 22cd unch 6 22 22 21 5 22 5 11.5 11,399 words
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Article392 2002-05-07 21 Pf. GrW» Mr GrVM MM MCjb c, "»"l t*«l» *>- I— 8»yr Mtar Cm Ht imi 110 60 AVJemn 9 (A2ScA 94 -6 79 97 93 91-5 94 40 34 106 55 2023 C*Kiy Pac 20t HK 720 265 2.1 7.4 6 *****2 Owuig Kong50c MK 1780 240392 words
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Page 21 Miscellaneous
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Miscellaneous204 2002-05-07 21 CKVFTIC CROSSWORD 11 Vehicle insurance needed to Lmi Lml go round stylish Canadian Initially expatriate a more in27 Cease to function and leave £3) 8 Gloomy, like the plays pro- YESTERDAY'S SOLUTION 2^M^ tdiS^y6dChar <*«*?(8) Across: 1 Discolouring, 9 acter 11) 9 Deliver French coffee to a Aboutface, 10 Trace,204 words
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KNOWLEDGE economy
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1173 2002-05-07 22 ANNA TEO - Corporate coaching pioneer Timothy Gallwey tells amva teo that the way to achieving full potential lies in learning from one's experiences ANNA TEO WHILE teaching tennis in California in the early *****, Timothy Gallwey realised that his instructions were actually getting in the way1,173 words
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Article, Illustration341 2002-05-07 22 EXECUTIVE coaching the latest craze in motivational learning in the US seems to be catching on fast here. Over seven days last month, three business coaches including Timothy Gallwey were in town to expound on the subject. And a group of local corporate trainers haveCHRIS LOH - 341 words
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Page 22 Advertisements
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Advertisement228 2002-05-07 22 Blyr__ Web-enabling existing processes fH|K can °P en new tioors to customers around the world, increase profits, I improve efficiency and dethrer better customer service. B S if >• &Jr f Stage 2 e-business Is integrating core processes to establish closer, s^ x 'ST mon res P° nsive relationships with228 words
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SHIPPING TIMES
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Article268 2002-05-07 23 Reuters THE Baltic Dry Index (BDI) was unchanged at 1,016, the Baltic Panamax Index (BPI) gained five points to 1,031, the Baltic Handymax Index (BHI) fell four points to 7,666 and the Baltic Capesize Index (BCI) was down five points to 1,164. TIME-CHARTER: Grand Clipper (built 1996) 168,146Reuters - 268 words
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Article260 2002-05-07 23 MX 000 "■>» a *t- w CWT Distribution AM OCT 8 ChuanHup 0.43 uncti 340 Costo Investment —0.25 -0.01 192 FrttaM Links 0.06 uncti 90 CB Holdings 0.77 -0.03 17 IMC HoMngs-HK —5.60 uncti 0 Jaye Holdings 0.25 uncti 500 KappelCorp 4-24 -0.06 490 Keppel Marine 0.19 -0.01260 words
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Article, Illustration526 2002-05-07 23 Donald Urquhart - S'pore's move into niches of design engineering capabilities will allow it to keep competitive edge By] Donald Urquhart [SINGAPORE] An "upgraded" Singapore marine industry increasingly focused on high-technology and niche shipbuilding wiil mean Singapore should be able to fend off increasing pressure from526 words
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Article, Illustration159 2002-05-07 23 Dow Jones [MA WEI, China] For the first time in five decades, a ship (above) brought waterfrom China to an outlying Taiwanese iski nd, bringing relief for a severe drought. To facilitate the shipment, authorities in China's south-eastern port of Mawei built a pipe linking theDow Jones; REUTERS - 159 words
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460 2002-05-07 23 George Joseph - Changes likely to focus on the wider transportation and logistics industry By George Joseph [SINGAPORE] The shipping industry and analysts are awaiting details of the changes to the Approved International Shipping Enterprise scheme, to assess the impact on Singapore-based companies and how460 words
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185 2002-05-07 23 [SINGAPORE] Singapore's IMC Shipping has formed a joint venture with Malaysian International Shipping Corp (MISC) to manage and operate a pool of Handysize bulk carriers. The Asian pool will invovle 22 ships 11 from each partner and will be managed by a 50:50185 words
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HONGKONG shipping
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Article, Illustration691 2002-05-07 24 Orders are returning, Hong Kong shippers say and shipping lines are even looking to raise freight rates Reuters [HONG KONG] IN a further sign that Hong Kong's ailing economy may finally be recovering, port operators are expected to report traffic grew in April forReuters; REUTERS - 691 words
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Article129 2002-05-07 24 PACE Fuh* 4 BSA 6 Fujitrjns 6 Btang Mas 6 Gemartrans 4 CMACGM 3 Hangli 4 COSCO 3 Hyundai 4 Columbus 5 Heung-A 3 t Central El 4 China Sfipq 5 KienHung 5 t Cougar 5 Kyowa 6 CWTGtobetm* 6 Ktrrc 3 Wfflas 4 M I MMf129 words
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Article11655 2002-05-07 28 THEBUSINESSTIMES EXPORT A F\ Advert.sor Vessel Voyaqe Tefcphone ETA ETA Advertiser Vessel Voyaqe Tefcphone SIN Oest n Name Name Number Number SIN Dest'n Name Name Number Number 04/06 28/06 China Shpq CMA CGM NORMANDIE 16CW 65 *****696 To ABIDJAN (ABJ) 2003 Cot* D'lvoiro 08/06 oa/o? uasc abu ohabi11,655 words
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SHIPS IN PORT
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Article727 2002-05-07 31 ess Voy No Berth Arrival Departure 32/02 JK 06/05/iM 06/0S/20-00 *****1 JC 06/05/6 55 06/05/17:30 BT MTI JAYA ***** JOI 06/05/8:15 06/05/W 00 KUALA SIM 4 05A/02 JM 06/05/970 07/05/6 30 J*™"'?™ 06/05/7:15 06/05/1600 WAN HENG KH0207 J04 06/05/805 06/05/1700 G0LDt **>' E4 J06 06/05/875 06/05/17 30 KIMTRANS1401727 words
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Article1768 2002-05-07 31 receiving OF EXPORT Fa CONTAINERS AND La CARGO i Booking/Balance Istls > Sli'P Voy No Etb/Btr Period From To From I "MUtt 205 ft/*5* M 04/1500 04.1659 06/1*00 06/1500 06/1659 06/1*00 2* 04/1700 07/0659 07/0900 04/1700 07/0659 07/0*00 3 WWW 07/H59 07/1400 aman bhum am J/2XOO u 04/«M01,768 words
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Article464 2002-05-07 31 HO Mm 9909 0.4 16.0 0.06 53 0.04 T* Dwrty Water twitu M>AI—Wm« SifciH No above E25 0 0 2 0 0 0 380 Aw 987.5 02 U8 0.05 25 0.02 icmm «.,/v 380 0 ».6 0.09 58 0.04 Wiri »M/M **M mi mtmrn No *ove464 words
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Article178 2002-05-07 31 May 8 France: Remembrance Day (W! 2)May 9 Belgium: Ascension Day France: Ascension Day Germany: Ascension Day Indonesia: Ascension Day Norway: Ascension Day Sweden: Ascension Day Switzerland: Ascension Day May 17 Norway: Constitution DayMay 19 Norway: Whit Sunday South Korea: Buddha's Birthday Sweden: Whit Sunday May 20 Canada:178 words
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Article824 2002-05-07 31 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the824 words
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AIR & LAND transport
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Article, Illustration656 2002-05-07 32 Analysts expect 178 m euro loss versus a 77m eoro profit a year ago Reuters [AMSTERDAM] KLM is expected to swing to a fullyear loss tomorrow, but analysts say it is past the postSept 11 worst and will be looking forReuters; FILE PHOTO - 656 words
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223 2002-05-07 32 Bloomberg [BRUSSELS] European airlines' passenger traffic fell 7.9 per cent in March as carriers offered fewer seats than in the year-earlier month to counter a decline in travel after the Sept 11 attacks. Capacity fell 14.2 per cent in March as load factor, or theBloomberg - 223 words
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Article, Illustration58 2002-05-07 32 AP [LINTHICUM, Maryland] A passenger, left, has her ticket checked by a Transportation Security Administration screener at Baltimore• Washington International Airport in Linthicum, Maryland. US Undersecretary of Transportation for Security John Magaw announced last week that the Transportation Security Administration has successfully placed federal passengerAP - 58 words
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230 2002-05-07 32 Bloomberg [SEOUL] Korean Air Co, the country's biggest carrier, said new weekly flights between South Korea and China will generate an additional 18 billion won (5525.2 million) in annual sales. The estimate is based on expectations the new flights will be 65 perBloomberg - 230 words
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229 2002-05-07 32 Carrier set to hundreds of jobs in regional airline: report Bloomberg (SYDNEY] Qantas Airways chief executive officer Geoff Dixon denied a report that Australia's biggest carrier plans to cut hundreds of jobs at its regional units. The Age newspaper's statement that Qantas "looksBloomberg - 229 words
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95 2002-05-07 32 AFP [MANILA] Air Philippines has resumed its Manila. Subic-Hong Kong chartered flights that were suspended two years ago, an airline statement said yesterday. Air Philippines and the Subic Legend Resorts and Casinos have signed an agreement to provide weekly chartered flights to Hong Kong, airlineAFP - 95 words
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Article1729 2002-05-07 32 *0! man ro maw m umn 0635 uwrw 1230 IH9770 2230 5025 0635 S0326 1230 MM 2230 UWM 1445 1*7305 2250 tasttr*. S02J 0405 6A974 0130 JJ« £0 K1037 1510 U.&38 »>< LM77I 1555 Lhlfy 2305 «l m iix HZ457I 855 N***** 2305 S024 2 3451,729 words
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465 2002-05-07 32 Panel says work will be completed on target TNA [BANGKOK] The inaugural meeting of the committee on Suwannabhumi Airport last Thursday remained upbeat about the prospects for the long-delayed project, insisting that it would definitely be completed on target inTNA - 465 words
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Page 23 Advertisements
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Advertisement14 2002-05-07 23 KLM seen posting fall-year loss lpflssSlsti3| Korean Ait's China fights to boost revenues mamr*.14 words
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Advertisement375 2002-05-07 23 I PSA j continues to post strong monthly growth T Ih PEOPLE Deutsch* Post Gk>6*< Mali Container terminal operator has appointed Michael Culme- Modem Terminals Umltod Seymour as regional manager has a PP° inted Ronnie Chan Asia Pacific. Already as general manager of experienced in the courier, human resource postal375 words
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Advertisement393 2002-05-07 24 NORTH AMERICA GULF/INDIA SUB-CONTINENT jSUPER SHUTTLE IQULF KARACHI EXPRESS (QKX) wssa VOT icq I aw m I ww I jm dm mm J*" 1 ?4/M "Z O5 "7* WUOWMOOW OS 01/05 07/05 ~5705 iiToS fIOttKIWUWS MWI7 01/15 10/05 11/05 ftO K9UOYO WStMi OK 00/05 04/05 11/«* ■•/•< OOQ HMTAM SOWII393 words
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Advertisement31 2002-05-07 24 WORLDGATE EXPRESS UNES PTE LTD •m jfc* < v Calcutta Chlttagong Karachi karachi/lahore oa/os Bombay mapwawwqauwe "J mduras BOMBAY 03/05 CHm*QONQ/DHAKA 03/05 NHAVA SHEVA 08/05 If CALCUTTA Port Louis POUT LOUIS Q2JOS31 words
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Advertisement579 2002-05-07 24 bnes services represented by 'ffAl; Members of (he Reg.s»ry of AccrBd,ted Aqw*. Sngopore Shipping Association Members of the Singapore Logistics Association 1 B uur UM MALI vtssa vor Ira m Tn* P.KIAN6 STOCf MAU Empress Lily 0302 13/05 14/05 22/05 Princess Lily 0502 31/05 01/06 09/06 Empress Lily 0402 17/06579 words
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Advertisement904 2002-05-07 25 TO USA (SAX SfItVKD VKSfI VOT SIM ETA LAX OAK DAI HOU CHI COl MEM ATI NYC W-Ctnm 1101 08/05 23/0S 27/05 27/05 27/05 27/05 21/05 27/05 »/05 2f/05 ATI ULGIUM 104f 15/05 30/05 03/04 03/06 03/0* 03/0* 04/0* 03/0* 05/0* 05/0* API HOLLAND 108 C 22/05 o*/0* 10/0* 10/0*904 words
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Advertisement1604 2002-05-07 25 CALL TO COLOMBO T/T t 4 OATS PTE LTD S^SfSwV'" 0 Si!i«/ii u, o, a! ntoMsaiu wvjsj.it. ICI NO: **********0 M TE; 6226 1980 (MAIN) INWAKD (D/O) *****716 ******19/4* T/SW DEFT *****825 *****316/46 CONYENTWNAI *****301 /ISO *****323/73 io/voy WHtt siM on iin u ui mo m m in rm wm1,604 words
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Advertisement569 2002-05-07 25 VBSa WY_ JH_ MW HKG SHA K& us« rus X VOY siw skg jkt su« amjww IMS m m w/s ws m SSfea oncasw 7040 lys ivs ws m m n/s tatmani vm_ m_ jvs_ ycsa wr siw Die x'to sha t; -■>» ■KWJS4O 704S IVS 24/S 27/5 21/S I/*569 words
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Advertisement791 2002-05-07 26 HMime HYUNDAI MERCHANT MARINE CO., LTD. wwwi—2i.c— a MO. mumom VBSB wt an son ta m >w "Iwi" wv vcsa vor sou ta »ni un hm mv TB~ ULTSSSU? 11 J !2! /#s n/K n,K IJ/,S ,S/,J "awn—ANa OOIE ii/oi 70/04 14/ M u/M fT"" 0 ,MW W/OS 10/0S 31/05791 words
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Advertisement500 2002-05-07 26 WAN HA! LINES INTRODUCING: NEW WEEKLY EXPRESS SERVICE >Jeddah > AQABA Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. ASUEXPtESS IMA 11/05 If/t$ 16/ OS 17/05 13/05 22/ OS 17/05 20/05 142 A 02/04 01/0* 06/04 07/04 "/0* 12/04 17/04 U/5 mSB WT •Wg WHAMS JAAAtTA jjjjtjjjl WMI500 words
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Advertisement700 2002-05-07 26 Si&lfA EXPRESSi SAIUWG SCHEDULE ALSO ACCEPTING TO ALL MORTHERW AWD WESTERN ICO POtWTS I SfOtl I fUAMOI COLOMBO I X Bt»A| COUMMQ I *bsbma» vot eta/ftp ita/etb n*/rre r*/n» nA/n» II mmmwh ms 30 ah mi ~smat Fiji? iTiiir~ MAZiUMmwgs oiflw amat imat ~lmT"iTiw"~iu«~ tiswsm so low 13 mat is700 words
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Advertisement1124 2002-05-07 27 IVISSa VOY KHH HKO SIN HO. PXI NAN TPMM NIK AAV UNO AVI A PCL-258 06/05 ON/05 12/03 13/05 20/05 21/05 23/05 25/05 WAN KOMAN PCI-259 13/05 15/05 It/05 19/05 26/05 27/05 29/05 31/05 MAN ISPAHAN PCL-260 20/05 22/05 25/05 26/05 02/06 03/06 05/06 07/06 MAN HOSMOZGAN PCL 261 27/051,124 words
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Advertisement514 2002-05-07 27 UK CONTINENT SERVICE Loadngfar DtMITRA RDM/A TW/BMNAJK/NAN MARYLAKI RDM/ATW/BMN/UK/NAN Loads Singapore. E7W Mataysa. Indoneam MIDDLE-EAST SERVICE Loading (or ANAtS LAND J DH/AQA/DM T PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT LOK KIRTI HDD/JDH/AQA LOK PRATIMA ADN/MDO/JDH/AQA AFRICA JDH/AQA HANDY DRAGON D6l/ABU/DOH/BRN/DM M/K WT T2ANETIS DBI/ABU/DOH/BRN/DMM/KWT "Loads Sngapore. E7W Mataysa Indoneaa USA SERVICE Loadngtor OMIROS514 words
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Advertisement718 2002-05-07 27 vot M PSD vtiSfl WOT -ttUIIBA 9MH sL_Bi 07/9S MCMU n« StS ffts *H» una m- =™E=ii==Sfcdifc; L£St_JJjg I 818 -3ft--ffisa m an m MPQOPtBS» m oz/os 00/ os nmmj 25 M&mrnLi jaeoi4 LZZfis u/os Sos ffi $g— MMBTUHI JMMU »»/M ?o/osi ™»su! tz i^S —£KE jS> miasm -gf gfij718 words
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Advertisement99 2002-05-07 28 line Noiron 018E 11/05 "oS/Od" Colifomio Seootor 948E" 13/05 29/05 03/06 04/06 Qdfomio Senqtor 948E" 13/05 07/06 17/06 18/06 21/06 ~~*****~ 26/06 Pocifk Senator 949E 20/05 29/05 03/06 04/06 PoriKc Senator 949E ~***** 07/06 17/06 ***** TT7O6 ~*****~ "***** London Senator '27ZQ5 -QZZQ6 _IZZQ&_ ZDiZQII 21/06 ~*****~ 26/06 loodon Senator99 words
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Advertisement15 2002-05-07 28 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS SHIPPING TIMES15 words
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Advertisement223 2002-05-07 28 teflk MYANMA wBBk FIVE STAR UNE *ot sm m Pa rcu CMN SHWI HAW MW $U) PAGAN VJO6W SU) M MALAYSIA: IOUSTIAi) SHIffIUC AGiNOfS lUL 03-*****)00 Nb 03-117M101 PBb 04-2*1240] BANK LINE <* """<« *> w Wwr Thippim) vF j NOKTHBOUNP TO EUKOPT" V CONTAINER, RORO, HUU( HEAVYUFTS m MUG223 words
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Page 31 Miscellaneous
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Miscellaneous136 2002-05-07 31 losz^j^'' •<s jr^ —li 10fe 11 )T —T2TP "jJStBk. i LEGEND: Issued by Meteorological Service Singapore K Thunderstorm fj Showers o Rain l j n^?K a,Ure Cj Wind direction and speed in knots Cloudy Day Wea,her OO Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm136 words
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Advertisement10 2002-05-07 32 Enjoy up to $200 of free shopping@www.airfrance.com.sg AIR FRANCE mm10 words
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