The Business Times, 17 May 2002
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2002-05-17
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The Business Times
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Title Section16 2002-05-17 1 THE BUSINESS TIMES MfTA (P) 010/03/2002 85¢ SINGAPORE Internet: http://business-times.asia 1 com.sg FRIDAY. MAY 17, 200216 words
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Article69 2002-05-17 1 □m 1,73X48 (-13.84) □sroDßFimntßß I*7*oo (-14.00) nanannuiEs Mat»(-i.io) SRXXMUUDBT HOBOES Uraraday Change KLSECOMP 78U8 437 NIKKEI m 11,738.19 +96.72 HANG SENG -*****.77 -6J9 SET INDEX 176.18 +0J5 JAKARTA COUP -621?* 4.14 MANILA COMP .1,366.74 1.82 TAIPEI WPI &801.47 -***** SEOUL COMP 868.04 -4J8 SHENZHEN B 221.19 -1« AUSTALLORD69 words
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Article62 2002-05-17 1 FOSEX BATES USS St USIpSSperUSS) -j 1JM £<USS«S per 1.467 1626 El"RO(US$/St/E). ®i>12 1.644 DM 1216 L2M YEN 127J 76.70 BM 1860 1168 HKI 7.790 4127 BART 4182 2176 HJPIAH 1170 6,087 PUKE BATES SINGAPORE* US KUALA LUMPUR 6.40 BONO KONO 6126 JAKARTA 39.90 TAIPEI 1726 TOKYO- L875 SEOUL62 words
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673 2002-05-17 1 Chuang Peck Ming - Byi Chuang Peck Ming [SINGAPORE] Barely a fortnight after Deputy Prime Minister Lee Hsien Loong sprang a pleasant surprise by revising upward the official growth forecast for the year, Trade and Industry Minister George Yeo yesterday followed up with673 words
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659 2002-05-17 1 David Boey - Finn alleges possible impropriety' involving China receivables By David Boey [SINGAPORE] Former investor favourite Datacraft Asia dropped another bombshell on the market yesterday it said heavy China-related provisions will push it into the red for the second half, which means the group will suffer659 words
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Article, Illustration580 2002-05-17 1 Lee Han Shih - HOCK LOCK SIBW By 1 Lee Han Shih U"W "T" OU want to know what keeps me up at night?" W said a front-page blurb I in The Business Times JL. yesterday in reference to Singapore Exchange (SOX) chief executive officer TomCompiled by BT, Chart by Reuters - 580 words
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651 2002-05-17 1 Quak Hiang Whai - BTgiVfJIIHWJ It has yet to decide whether housing loan should include the card amount By^ Quak Hiang Whai [SINGAPORE] The Monetary Authority of Singapore (MAS) has cleared American Express* cred it-card-for-downpayment scheme which the card issuer plans to offer in a new City651 words
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Page 1 Advertisements
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Advertisement93 2002-05-17 1 Top Stortos >V* X- r Nat Steel shares suspended; potential buyer bids for 73% stake. Chris Matten, OCBC's chief financial officer, quits after less than 18 months. Hurt H SahChee Wen received death threat while on the run. Mmxt Pmgm OUB bid crucial to UOB's survival: Wee Cho Yaw. Pg93 words
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Advertisement13 2002-05-17 1 Chef executive [J* i II m iji r v J# j ■*40 m13 words
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Advertisement8 2002-05-17 1 MOMENT REPORTSpg? US trade vote act i MMrpraMTw8 words
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445 2002-05-17 2 David Boey - Shareholders with 73% stake approached, deal may cost $540 m By David Boey [SINGAPORE] Nat Steel Broadway suspended trading in its shares yesterday after a potential buyer approached its shareholders to buy a 73 per cent stake in a deal that could cost445 words
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Article, Illustration387 2002-05-17 2 Siow Li Sen - He's panning new challenges outside financial services By Siow Li Sen [SINGAPORE] Chris Matten, OCBC's chief financial officer, resigned yesterday after less than one-and-a-half years at the bank a development likely to fuel talk that foreign talent is finding it hard to387 words
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469 2002-05-17 2 v [KUALA LUMPUR] Busir nessman Soh Chee Wen was g threatened with death j should he return to Malaysia, according to a tabloid yesterday. He claimed that a bvtsi- nessman gave him the a warning in a face-to-face meeting469 words
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ON THE grapevine
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Article77 2002-05-17 2 AT OCBC Bank's shareholder meeting on Wednesday, new chief executive David Conner fielded many of the questions on the bank's operations, vocal shareholder Denis Distant reports. Mr Conner, who has been at the bank barely a month, gamely tried to answer most questions. And when he couldn't answer,77 words
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Article92 2002-05-17 2 THESE days foreign talent is imported not only for top jobs but also at other levels. It appears that the transcribing service offered by our courts isn't good enough for Queen's Counsel Jules Sher, who with S Shanmugam from Allen Gledhill, is acting for Singapore Telecommunications in92 words
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Page 2 Advertisements
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Advertisement390 2002-05-17 2 KPMGSeminarSeries Accounting for income taxes Implementing the accounting °*anHorH 31 May2oo2,9.ooamto 12.300 m 9nd RUN OrchardHotalSingapore 1 1 What |l st run QV ftrSU Singapore's latest adoption of International 12 (Revised) Income Taxes. SAS 12 (Revised) changes the focus of calculating deferred taxes from the profit and loss account to390 words
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SINGAPORE companies
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418 2002-05-17 3 Chua Hui Min - It will iqject $10m for a 51% stake, but will apply for general offer waiver By Chua Hui Min SESDAQ-Listed construction Arm, Wee Poh Holdings, said yesterday it has agreed to be taken over by China's Benxi Iron and Steel Group Construction Co418 words
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Article352 2002-05-17 3 Ven Sreenivasan - DBS Vickers asked to place oat the shares at $7JO apiece, brokers say By Ven Sreenivasan BIL International, which has been steadily offloading Fraser Neave shares in recent months, is believed to have put another chunk of the beverage giant's stock on the block.352 words
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Article, Illustration749 2002-05-17 3 Angela Tan - Govt announced $Lsb sum, before offer was accepted By Angela Tan SINGAPORE Telecom s allegation that the government "threatened" it into accepting a compromised $1.5 billion compensation package in 1996 has no basis, counsel for the Infocomm Development Authority (IDA) said yesterday. Cross-examining749 words
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273 2002-05-17 4 Ven Sreenivasan - More on taoorcing by global clients, growing consumer demand dted By Ven Sreenivasan MAINBOARD-LISTED Eastern Asia Technology (Eastech), a global company that deals in audio-visual products, said yesterday it expects revenue this year to rise about 40 per cent. The company, which controls273 words
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Article265 2002-05-17 4 Key issues is debt resolution talks still outstanding Bloomberg [JAKARTA] Major creditors of Asia Pulp Paper Co, Indonesia's largest corporate debtor, issued a statement saying they were "disappointed" that key issues related to resolving the company's US$l3 billion debt "remain outstanding". They had asked for, and notBloomberg - 265 words
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118 2002-05-17 4 Reuters RAFFLES International Ltd, the hotel management unit of Singapore's Raffles Holdings, said yesterday that it signed a memorandum of understanding for a strategic alliance with Japan's Hotel Okura. Raffles International said in a statement that the firms would explore joint marketing activities andReuters - 118 words
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237 2002-05-17 4 Bloomberg KEPPEL Land, which posted its biggest loss last year as the value of its property holdings fell, said it will turn to short-term projects in China and other markets to boost profit. It said the strategy will mean buying a piece ofBloomberg - 237 words
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410 2002-05-17 4 Aaron Low - Gartner Dataqimt cites liberalisation, excess capacity, price competition Bu Aaron Low GROWTH in the Singapore telecoms market is expected to be weak, according to Gartner Dataquest. The fixed telecoms services market stood at US$2.l billion last year an in- crease of 11 per410 words
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Article296 2002-05-17 4 Dow Jones Newswires [BANGKOK] Thailand's second-largest mobile phone operator Total Access Communication pel (TAC) said yesterday that a net addition of *****1 subscribers during April has brought its subscriber base to 3.513 million. The Singapore-listed company, which operates under the brand name DTAC, said thatDow Jones Newswires - 296 words
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Article, Illustration425 2002-05-17 5 He would have bid for OUB no matter what Lien intended UNITED Overseas Bank chairman Wee Cho Yaw says he would have bid for Overseas Union Bank regardless of what its founder Lien Ying Chow intended to do. In an interview425 words
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COMPANY Briefs
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Article74 2002-05-17 5 Bloomberg SINGAPORE Airport Terminal Services, whose biggest shareholder is Singapore Airlines, bandied more csrgo and passengers in April than a year earlier. It dealt with *****0 tons of cargo and mail during the month, or 12 per cent more than a year ago. ItBloomberg - 74 words
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36 2002-05-17 5 DEPARTMENT store operator Isetan (Singapore) said yesterday it has requested a suspension of trading In its shares today pending an important announcement laetan sharee ended two cents higher at $3.12 yesterday.36 words
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Article108 2002-05-17 5 Reuters CSA Holdings said profit for the year to Mar 31,2002, Ml to |17.14 million net from $1734 million the year before. Earnings par share remained at 13 cents. Turnover fell to 96M. 18 million from $70BJNS million. Final dividend remained at 5 per centReuters - 108 words
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256 2002-05-17 5 Bloomberg FREDDIE Mac, the secondlargest buyer of US home mortgages, sold $300 million of five-year bonds, increasing its first offer of Singa-pore-dollar debt by 50 per cent to meet demand. The top-rated bonds were priced to yield 3.22 per cent said Freddie Mac treasurerBloomberg - 256 words
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316 2002-05-17 5 Facilities from DBS and OCBC will fund its China expansion MAINBOARD-LISTED leather tanner and sofa maker HTL International Holdings (HTL) has secured a total of $28.6 million credit from DBS and OCBC for working capital requirements. The credit facilities comprise two316 words
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Page 3 Advertisements
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Advertisement207 2002-05-17 3 Deliciously Stylish Night of 21 st Century Disco 17 May 2002 ceritro Back in Singapore tor a 2nd time at Centre, experience the f vtt) e energy as DJ Mark Doyle weave h»s blend of quality y house, US garage, disco, funk club classics. Had Kandi is I r music207 words
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Advertisement132 2002-05-17 3 Cost-savings and elegance. You can have both. Boss jk-t\.?| "i -g- ■mom 3ypj||^ra!jife.-& d^sr!; You don t have to splurge to exude class. Delve into unique worlds of style and transform your office* Jazz up your work space with exquisite designs that put expressions on faces. J At Boss Design,132 words
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Advertisement387 2002-05-17 4 -ss£- Singapore arts festival 2012 30 may 23 june causeway le jardin io to ito ito WW HMftPI (Singapore) and W KWS SMI (Malaysia) ciipmit intilvtkmiei (France) A collaboration across the Straits, this play explores and articulates Inspired by the art of Max Ernst, this is a provocative and joyous387 words
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Advertisement664 2002-05-17 4 HBM PRINT LTD NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 745 Toa Payoh Lorong 5. Singapore *****5 on Friday. 31 May 2002 at 10.00 a.m. for the tofcmrina purposes: AS OROMARY BUSMESS 1. To receive and adopt the Audited Aooounts and664 words
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Advertisement188 2002-05-17 5 KOfffi VSBH presents F Contemporary Indonesian art exhibition Now on till 31 May 2002 A _flilEM a Don't miss this exhibition of modern paintings rendered in a wide range styles, from abstract ■j^the best of contemporary artists: Erica Hestu Wahyuni Imade Djirna Iwan Sulistyo B^BiHßsSH^E^feL^SaSMv^ Jeihan Made Wianta Nyoman Erica188 words
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SINGAPORE markets
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Article, Illustration262 2002-05-17 6 OTHER SINGAPORE INDICES M«y 16 VAUiE CLOSE iTWt 222.00 -241.00 ■TC—I -*****.00 -101.00 -*****.00 -22.00 456.18 -3.16 157.95 -0.84 mttmrnt* 1546.49 -11.34 W|*MPW» 433.93 -2.00 WBiWi 217.35 -1.76 Datacraft 10c 31,071.000 Aslamedic5c 15.445,000 TPVUSlc 14.903,000 first Engg 10c *****,000 Empsfe25c 11,130,000 Leon|Hin20c 13,015,000 QianHulOc 10,565.000 Chart Semiconductor 26c 10.422,000 North262 words
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Article, Illustration238 2002-05-17 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan FRASER Neave and its subsidiary Asia Pacific Breweries (APB) will announce their interim results today. Analysts expect the parent to post net earnings of $85-95 miUion for the half-year to end-March. Multex Global Estimates' consensus238 words
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Article, Illustration712 2002-05-17 6 r. sivanithy - BT STOCKS r. sivanithy A COUPLE of weeks ago the Singapore market witnessed an attack of "penny envy" a condition that makes its presence felt about once every two or three years. It's a condition in which vigorous punting of small caps that have been dormant712 words
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Article, Illustration582 2002-05-17 6 larry wee - BT CURRENCIES Greenback withers all ronnd, upcoming US stats to call the shots larry wee THROUGHOUT the volatility on Wall Street during the past week, the one thing that kept coming through was that the US dollar did not benefit much fromSource: Reuters - 582 words
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Article2198 2002-05-17 6 UNIT TRUSTS FUNDS CitiSeiect Asm Tilt Balanced 1 7% CitiSeiect Asia Tilt Growth 126 CitiSeiect Am Tilt EnTi Grth 1.1® AM Am M Mgt 5'pore) OtiSelect Gtobal Growth 1.0* Star Europe Eqtyl* 0.791/ OWifcctGlotailKBmt 1.12* Star Europe M__ 0972/ gg 0-l«/ Star Europe Bal 0886 Qti Gfc Rn Srwa Fund2,198 words
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SINGAPORE news
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Article, Illustration439 2002-05-17 7 Chuang Peck Ming - tHWHttBiTMPABmiwauP Criticisms meant to weaken morale and should be taken in stride Reports by Chuang Peck Ming MALAYSIAN criticisms against Singapore in recent months are a form of psychological warfare to weaken Singaporeans' morale and soften their position on matters under negotiation439 words
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273 2002-05-17 7 THE US Senate's vote to deny President George Bush the full power of the Trade Promotion Authority (TPA) is not expected to be a stumbling block to a US-Singa-pore free trade agreement "TPA will facilitate the passage of our FTA273 words
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Article, Illustration395 2002-05-17 7 Vince Chong - JTC should n* be made the 'fall-gny' far failing firms By Vince Chong SELLING factories to JTC Corporation and then leasing the premises back is unfair to the statutory board and should not be used as an easy way out for failing businesses, consultants said yesterday.FILE PHOTO - 395 words
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257 2002-05-17 7 Grace Tan - EYE By Grace Tan THE volume of recruitment advertisements in major newspapers continued to slide year-on-year in all sectors last month. But things may be looking up because the 23 per cent fall in April was considerably smaller than the 32 per257 words
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342 2002-05-17 7 Andrea Tan - By Andrea Tan THE first auction of Chinatown conservation shophouses in two years saw keen interest yesterday. The five parcels of fourstorey shophouses being offered attracted a total of 213 bids at the Urban Redevelopment Authority auction. The first site at New Bridge Road saw342 words
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319 2002-05-17 7 Adeline Chia - By Adeline Chia THE first Japanese pharmaceutical company to set up research facilities in Singapore will pour $16 million as initial investment into research for genetically tailored drugs for Asians. Chugai Pharmaceutical, one of Japan's top 10 companies in the industry,319 words
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PARLIAMENT Briefs
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Article78 2002-05-17 7 A CONSUMER protection lav may come into fort* soon. The Case-MTI task force looking into such a lew has put up its report and a Bill will be tabled in Parliament this year. Trtde and Industry Minister George Yeo said yesterday. The law win provide for78 words
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Article61 2002-05-17 7 THE much-talked-about competition law being proposed to ensure feir play in business has sons way to go before it ia introduced. "Our aim is to have such s law within two to three years," aocording to Trade and Industry Minister George Yeo. "Because of its61 words
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84 2002-05-17 7 ENERGY deregulation has started to yield positive results. Some 06 per cent of the 300 big consumers given the choice to buy energy from the seven new retailers have reported lower electricity costs after the revamp, according to an Energy Market Authority survey Minister84 words
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Article81 2002-05-17 7 SMALL and medium enterprises are expressing more confidence now that the economy is on the mend, said Senior Minister ofState for Trade and Industry Tharman Shanmogaratnam. Some 82 per cent of them said in December that they could survive at least seven months or longar. up sharply81 words
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Page 7 Advertisements
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Advertisement744 2002-05-17 7 maatteai stick to facts and stay cool, Pg 8 FREIGHT LINKS EXPRESS HOLDINGS LIMITED I 17 May 2002 IMPORTANT NOTICE NOTICE OF EXPIRATION OF WARRANTS IMXF 2QQ2 TO: ALL HOLDERS OF WARRANTS 2002 ("WARRANTS") TO SUBSCRIBE FOR SHARES IN FREIGHT LINKS EXPRESS HOLDINGS LIMITED (THE "COMPANY") EXPIRING ON TUESDAY, 25744 words
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EDITORIAL & opinion
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Article, Illustration822 2002-05-17 8 anthony rowley - Ksmsasa OPINION anthony rowley A LOT has been learned since Japan proposed the idea of an Asian Monetary Fund (AMF) during the regional currency crisis in 1997. Probably the main lesson has been that East Asia must learn to walk before it822 words
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Article45 2002-05-17 8 'If you can't see a woman in a bikini, that's your problem. You can't force them to cover up just because you can't control yourself.' -AkMfeflrflWkhnttr Malaysia's tourism minister, on the PAS state government's plan to ban bikinis on beaches in Terengganu.45 words
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614 2002-05-17 8 EDITORIAL ITS no surprise that Singapore's accountants haven't exactly embraced with enthusiasm the Public Accountants Board's proposed rules on auditor independence. As they stand, the new curbs on auditors and the services they provide and other proposals to exempt private firms from audit will wipe out614 words
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Article, Illustration1756 2002-05-17 8 S JAYAKUMAR - Singapore Foreign Minister S JAYAKUMAR spoke in Parliament yesterday on Singapore-Malaysia relations, answering questions from MPs. We reproduce here extracts of his speech. S JAYAKUMAR I CANNOT recall a Committee of Supply debate where so many Members have moved motions or (Budget)FILE PHOTO - 1,756 words
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REGIONAL news
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NOTE Book
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Article66 2002-05-17 9 Reuters [HONG KONG] China Mobile (Hong Kong) said yesterday that it will buy eight provincial networks from its state-owned parent in a US$lO.2 billion deal. This will expand Hong Kong- and New York-listed China Mobile beyond its current territory in 13 of China's richest coastalReuters - 66 words
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42 2002-05-17 9 Reuters [BEIJING] Chinese Premier Zhu Rongji predicted yesterday that China's economy, which roared to a strong start this year, will sustain at least 7 per cent growth in coming years, the official Xinhua news agency reported.—ReutersReuters - 42 words
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Article92 2002-05-17 9 Bloomberg [KUALA LUMPUR] Lion Corporation Bhd, which controls Malaysia's biggest listed steel-maker, may get regulatory approval in June for its plan to repay RMB.6 billion (Ss4 billion) debt. The approval "should happen in June", said Azman Yahya, chairman of Corporate Debt Restructuring Committee, a stateBloomberg - 92 words
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56 2002-05-17 9 Bloomberg [SHENZHEN] Guangxia (Yinchuan) Industry Co, a traditional Chinese winemaker accused of inflating profit for 3 years, said it was fined 60 million yuan (Ssl3 million) in China's biggest fraud case. From 1996 until the first half of2ool, Guangxia inflated profit of 771.6 million yuan,Bloomberg - 56 words
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Article75 2002-05-17 9 AFP [NEW DELHI] India will cut its stake in Maruti Udyog and give the control of the country's largest carmaker to Japan's Suzuki Motor Corp. The Indian government plans to cut its stake in the company to 45.8 per cent from 50 per cent,AFP - 75 words
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73 2002-05-17 9 Bloomberg [JAKARTA] Indonesia put on sale 11.3 per cent of PT Indonesia Satellite Corp, the country's main overseas call operator, a move that will cut its stake to 53.68 per cent and fulfil a pledge to the International Monetary Fund. The State Enterprises MinistryBloomberg - 73 words
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Article103 2002-05-17 9 Bloomberg [BEIJING] People's Bank of China, the country's central bank, said 15 bank workers were arrested, 13 fired and 86 reprimanded after a probe of bad loans at China's four biggest banks found a fifth of them caused by mismanagement. The central bank said a probeBloomberg - 103 words
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385 2002-05-17 9 KUALA LUMPUR It is the biggest ever bond issue by an Asian corporate outside of Japan Reuters MALAYSIA'S state oil firm Petronas said yesterday that its sale of U552,675 billion of multi-currency bonds, the biggest ever bond issue by an Asian corporate outside ofReuters - 385 words
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Article, Illustration355 2002-05-17 9 KUALA LUMPUR AFP MALAYSIA is coming out of the woods from the 1997-1998 Asian economic crisis and has adopted a new economic agenda that is drawing in foreign capital and boosting growth, a report said yesterday. Malaysia has renewed foreign investor interest inAFP; REUTERS - 355 words
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203 2002-05-17 9 KUALA LUMPUR Bernama FOLLOWING an article in a foreign publication linking his son to the Perwaja scandal, Sapura Group of Companies founder and chairman Shamsuddin Abdul Kadir said he and his son, Shahril Shamsuddin, were not aware of or had approved any contracts orBernama - 203 words
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Article, Illustration379 2002-05-17 10 JAKARTA Jakarta hopes to use scheme to direct more investors to trouble-free areas Bloomberg INDONESIA, seeking to stem an exodus of investors, plans to have its 32 provinces rated on their investment climate so places that are free of ethnic or separatist violence canBloomberg; FILE PHOTO - 379 words
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163 2002-05-17 10 Bloomberg [JAKARTA] The Indonesian rupiah rose to its strongest level in eight months on expectations overseas bidders for banks and other assets will boost demand for the currency. The rupiah climbed 1.1 per cent to 9,140 against the US dollar, its highest levelBloomberg - 163 words
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185 2002-05-17 10 Anthony Rowley - From Anthony Rowley in Tokyo OPTIMISM among Japanese firms operating in five leading Asean economies about current business conditions and the future economic outlook has risen sharply this month, according to a monthly survey published yesterday by the Japan External Trade Or-185 words
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342 2002-05-17 11 Harish Mehta - From Harish Mehta in Bangkok THAILAND has mothballed the merger of two state telecom monopolies into the proposed Thai Telecommunication pic with US$B.7 billion in assets, following concerns that private concession holders may refuse to pay the merged company with whom they342 words
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Article, Illustration432 2002-05-17 11 TELCO RESTRUCTURE Move to spur competition, pave way for share sales by both firms Bloomberg [BEIJING] China Telecommunications Corp, which controls more than 95 per cent of China's Fixed-line phones, formally divided into northern and southern companies yesterday, paving the way for greaterBloomberg; REUTERS FILE PHOTO - 432 words
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331 2002-05-17 11 HSINCHU, Taiwan They are aiming for US$3, after price plunge since March Bloomberg MOSEL Vitelic Inc, Taiwan's third largest memory-chip maker, said it agreed with rivals to withhold chips from the market, aiming to boost chip prices that fell byBloomberg - 331 words
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280 2002-05-17 11 HONGKONG Bloomberg BANK of China will file a listing application with the Hong Kong stock exchange this week indicating it wants to sell 25 per cent of its Hong Kong unit to overseas investors, bankers involved in the saleBloomberg - 280 words
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Advertisement44 2002-05-17 9 M.*>' -V'. -«?f -■<£ §fc« -*y V?M 5^4.,. 3 Jpj^p,-, si Thanks to its bezel unfolding at 12 o'clock, Upstream initiates a new $3H V :H^H v QB v §1 GESTURE, A NEW WAY OF EXPERIENCING TIME. W P^P^OS|SPI cf~ ■■"."> 1.1 <■ OR qn Ft ——___—-■afciik.44 words
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Advertisement1609 2002-05-17 10 CSA Holdings Ltd Proforma Full Year Financial Statement And Dividend Announcement Full year financial sutement on consolidated results for the year ended 31 March 2002 These figures have not been audited Compaay 000 $'000 12 months ended 12 months ended 12 months ended 12 months ended 31/03/2002 31/03/2001 Change 31/03/20021,609 words
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Advertisement107 2002-05-17 10 P EUSfI H W INTERNATIONAL GA 30%-70% storewide FREE GIFT when you spend $300 and above Wide range of long and short cheongsums Shanghai tailor). Available in sizes. Beautiful shawls, office and casual wear. Hand-beaded shoes, printed orchid shirts hand-painted shirts for men. #01-26 Loguna Part tat 6241 3268 #01-27107 words
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Advertisement25 2002-05-17 10 I lianhe Zaobao I I VoluMe of shares I I SGX I I bvying-in exercise I \*w> I last monffi I 14tittfli£iSttRI I b«m4o°/o j25 words
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Advertisement238 2002-05-17 11 Informatics Professional Development Centre (IPDC), a member of Informatics Group, offers a wide range of effective professional and business learning solutions for continuous training in I.T. Skills, Business Skills and Language Skills to help create a competent competitive global workforce. Our training seminars, workshops and conferences are specially tailored for238 words
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Advertisement60 2002-05-17 11 I^Kh. k <r~v>: H is x i I tk PHP Hampton Milleis CHEW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH EMOTUS TIME CULTURE GASSAN WATCH T2 (SOUTH) PRECIOUS TIME ROY EASTERN WATCH ROYAL WATCH CENTRE SINCERE FINE WATCHES SINCERE FINE WATCHES DUTY-FREE Tl (WEST) SINCERE FINE WATCHES DUTY-FREETI (EAST)60 words
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Advertisement1681 2002-05-17 12 A eagle brand ••♦MUlholdings limited «j*&K*Pßa^ EAGLE BRAND HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Eagle Brand Holdings Limited ("the Company") will be held at sth Floor, Foshan Shiwan Eagle Brand Ceramics Ltd., Shiwan Laichanggang, Foshan, Guangdong, The People1,681 words
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Advertisement1236 2002-05-17 12 Notices CHIP ENG SENG CORPORATION LTD (incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at 69 Übi Crescent #06-01 CES Building. Singapore *****1 on 3 June 2002 at 10.00 a m for1,236 words
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Advertisement427 2002-05-17 12 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 90 COLUBRO TECHNOLOGIES (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al an Extraordinary General Meeting of the Company convened and held m DSI Building. 5 Hngineenng Drive I (off Kent Ridge Crescnt. NUS) Singapore *****8. on the 9th day of May 2002.427 words
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Advertisement605 2002-05-17 12 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of SASSOON INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 1 Raffles Place #43-00, OUB Centre, Singapore *****6605 words
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Advertisement826 2002-05-17 12 CALL FOR BUSINESS COLLABORATION LANO AUTHORITY The Singapore Land Authority (SLA) invites industry partners who are interested to join us as a Location Based Services (LBS) Map Content Provider to attend a Call for Business Collaboration (CFC(B)) briefing. We wish to bring together relevant parties such as LBS technology providers,826 words
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Advertisement672 2002-05-17 12 Componies Winding Up No *****6 of 2002 to the Matter afSadian 254(1 Me) ihe Companies Act lOtapter 50) 1994 Revieed Edn. And In lU Manor af the MiAiadina (Singapore! Ne ltd IK NO. *****5*20Z) APVMTK«tfMTn*»FTtn™. NOTICE it hereby gnwi that a petition for the winding up of the obovenomed company672 words
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WORLD news
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Article211 2002-05-17 13 NEW YORK Reuters THE Securities and Exchange Commission is broadening its investigation into firms' practices to boost revenue, the Wall Street Journal reported yesterday on its on-line edition. In addition to the SEC's inquiry into Global Crossing Ltd and Qwest Communications International Inc swappingReuters - 211 words
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WORLD Watch
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89 2002-05-17 13 Bloomberg [SEOUL] South Korea offered investors a 5.02 trillion won (Ss7 billion) stake in KT Corp, the nation's largest telephone company, fulfilling a 1997 pledge to the IMF to privatise the company. The government offered 45.38 million shares at 54,000 won per share,Bloomberg - 89 words
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83 2002-05-17 13 Bloomberg [NEW YORK] Instinet Group, an electronic stock trading network, is in talks to buy Island ECN Inc for about US$5OO million, the Wall Street Journal reported. Acquiring Island would help Instinet, which is controlled by Reuters Group, compete against Nasdaq and other exchanges,Bloomberg - 83 words
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66 2002-05-17 13 AFP [FRANKFURT] The German telecom giant Deutsche Telekom, keen to arrest a fall in both earnings and share price, plans to slash up to 30,000 jobs in the short term, the Financial Times Deutschland reported yesterday, quoting union sources. In all, 20,000 jobs wereAFP - 66 words
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74 2002-05-17 13 Bloomberg [LONDON] BT Group, the UK's largest phone company, said its fiscal fourth quarter loss narrowed as it spun off an unprofitable mobile phone unit. The net loss was £2.6 billion (SS6.B billion), or 30.2 pence a share, in the three months endedBloomberg - 74 words
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Article, Illustration75 2002-05-17 13 Reuters [rAKIS] France's Societe Generale yesterday posted a larger-than-expected 24 per cent drop in profits as domestic retail growth slowed, bad loan provisions rose and investment banking income fell prey to weak equity markets. The bank's net profit fell to 511 million euros (SsB3B million) inReuters - 75 words
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Article56 2002-05-17 13 Reuters t* [ROME] Struggling industrial giant Fiat said on Wednesday it had initiated procedures to shed almost 3,ooojobs in Italy most of them in the car sector— prompting unions to call a two-hour strike. Fiat said 2,887 workers would lose their jobs, including 2,442Reuters - 56 words
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Article81 2002-05-17 13 Jiji Press [PARIS] Japan is expected to impose about US$4.BB million worth of additional tariffs on US products as initial retaliatory measures against US steel import curbs. The additional tariffs will come as 100 per cent surcharges on US steel imports, including steel materialsJiji Press - 81 words
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373 2002-05-17 13 LATEST US INDICATORS Bnt starts for the year are expected to rise to 1.65 m Bloomberg [WASHINGTON] US housing starts fell in April for a second month to the lowest level this year as builders began work on fewer singlefamily homes, apartments andBloomberg - 373 words
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356 2002-05-17 13 PARIS It also showed expectations for the next six months at new highs Reuters Bloomberg THE world economic situation has improved in the second quarter of this year for the first time since 2000, according to an international survey. The surveyReuters; Bloomberg - 356 words
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Article410 2002-05-17 13 Reuters [TOKYO] Japanese chip and electronics conglomerate NEC Corp will split off its chip business into a new unit but retain majority control. The company will shift the bulk of its semiconductor operations into a new subsidiary in November and hold an initial publicReuters - 410 words
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428 2002-05-17 14 NEW YORK Bat firm expects to emerge stronger from current economic downturn NYT IN his first meeting with Wall Street analysts since becoming chief executive of IBM, Samuel J Palmisano declared on Wednesday that the company would emerge from the downturnNYT - 428 words
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292 2002-05-17 14 SACRAMENTO, California Bloomberg JAMES Burton will step down as chief executive officer of the California Public Employees' Retirement System in the next six months, making him one of four top officials planning to exit the largest US pension fund by the end ofBloomberg - 292 words
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172 2002-05-17 14 Bloomberg [SEOULJ Hynix Semiconductor fired its chief financial officer and 20 other top executives and its creditors replaced financial adviser Salomon Smith Barney Inc as the South Korean chipmaker struggles to survive alone. CFO Cho Kyu Chung, restructuring chief Jeon In Baik, and theBloomberg - 172 words
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546 2002-05-17 16 BRUSSELS US, EU look into charges of anti-competitive practices by banks and their online venture Reuters Bloomberg THE antitrust chiefs of the European Union and United States have acknowledged that they are investigating whether a group of the world's largest banksReuters; Bloomberg - 546 words
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260 2002-05-17 16 NEW YORK Reuters THE Nasdaq Stock Market, home to hundreds of beatendown US technology shares, said on Wednesday its firstquarter earnings fell nearly 19 per cent as the bear market cut into the No. 2 stock market's trading volume. The privately held market,Reuters - 260 words
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Page 13 Advertisements
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Advertisement119 2002-05-17 13 I July Intakes I One year Foundation course for GCE 'O' level I I students. I 7 months Fast Track course for GCE 'A' level I I students. I I Graduates were offered places at the prestigious B University of Melbourne, including Medicine, I Law, Commerce, Dentistry, Physiotherapy, I I119 words
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Advertisement417 2002-05-17 13 ■KifIVIIIIIIIH Call toll-free 1800 299 8822 FORM 69(3| NOTICE OF INTENDED DIVIDEND Nome of Company Easy-Call Internet Singapore Pie Ltd (In Liquidation) Address of Registered Office c/o The Liquidator's Office Singapore Exchange 20 Cecil Street 12-02 03 Singopore *****5 Last day for receiving Proofs 17 July 2002 Name of Liquidator417 words
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Advertisement360 2002-05-17 13 VEKUMARK PTE LTD (In Mombors' Voluntary liquidation) NOTICE OF FIN At MFFTINC. NOTICE IS HEREBY GIVEN lt>at to Final Meeting of the members of the obovenomed Company will be held at 220 Orchard Road. M&42 Midpoint Orchard, Singapore *****2 on 18 Juno 2002 at 10.00 a.m. for the following purposes360 words
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Advertisement101 2002-05-17 13 Ik M mmm Movie Treats and more*., at Phoenix Garden Cafe I tSi St tome on down to the Phoenix f Garden Cafe this weekend! Treat yourself i to our OCa international buffet lunch, high-tea or dinner, now available everyday of the treat you a to a movie preview* 'Charlotte101 words
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Article, Illustration1082 2002-05-17 14 Transaction date: May 16 DITBEBAMKffBOBBRATES «*■>&»» **i* V» Wm HKZSftrttaPtio SS to- Sft W W P*i-f US$ 0JM j- 5 6 0402 <- ow 217 *282 ***** ***** 1700 6.967 2.066 LIM 32.979 27.81 0.990 5367 0J77 18.970 23.510 0J77 1549 SUf* am n,. T 0-705 4,777 1424 *****1,082 words
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Article1714 2002-05-17 14 S1C0M FUTIWB8 May 16 IUBK1 fAm (CM* prim) ISS1(S«BtsA«) dose VotMW Open »mi low Sott (tow8) hrtemt jw 02 ***** Jul 02 123.50 Aog 02 ***** S*Q2 124.50 US 3 (US centVfcg) VotaM Open Lo« Sott (ta—es) Interest Jun 02 68.00 68.00 68.00 150 1600 Jul 02 67.75 31251,714 words
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Article4161 2002-05-17 15 Transaction date: May 16 for more, go to wu "wxisiaorwri marketsxxrm HONG KONG HyunDev J.JJ 4 10 2226 ferterchma Hldgs 125 001 *****5 —S TW* mriBankof Am 2.08 unch 3632 0'9 -001 0 KSM3A^ P 488 OM 2906 Alpha General 0.04 unch ***** Junqsu Exorns H J13 -04,161 words
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Article2180 2002-05-17 15 Transaction date: May 16 KUALA LUMPUR 336 o.os at yil FSBM 238 unch C M W- r*M» fWlndustnes A32 -0.01 54 Gadang 153 013 207 A 8M Realty 126 031 7 Gamudi 3.50 0.10 1847 Afalt 1J5 -0.03 250 GanadCtop 1.16 0 16 43 ACPInduMe J.40 0.02 90 GaruT«h2,180 words
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Article622 2002-05-17 15 Transaction date: May 16 2L_. 0M 135# '*0 03C i.N ***** -OJDO J5 J« OS 7JS0 -otoo OMtaTXr £"2. SJ n^ M2St "2 <tOO *0005 SSfSS SI IH5 J0 «*J5 °-*> i.wo -0010 14.31 14.400 SUSOc 172 nam aum SffiFU?"* «jrr«t S5 W0 55 cri Jf wi 1470 -0.2*0622 words
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Article569 2002-05-17 15 BONDS WARRANTS Write* Ear '32 LLiELl *m- f«—» Wfta U» AST1VW***** J» 30 1 W S 148 25 < h 17 1 SO 4S8 117 30 Amtgk WP5061Q B -1.5 130 1 33 2 148 37 AmWrong W*****0 A 1 10 17 1M 24 AsafoodPW*****2 0.5 1 166 2675 12.00569 words
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Page 15 Advertisements
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Advertisement12 2002-05-17 15 fk Fits the job to a tee. Will blossom in the post.12 words
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Article2910 2002-05-17 16 Transaction date: May 16 iff «**<■■«■ MM* Ot» SftM M mem WH *P 1 I r«1 t— Hwr or m tJ w5 9 i ABNAmroNLG 56c II t 5 651 211 23 as 07 S a 560 3SBc AfSBrewwie 550 -5 7 550 550 550 560 234 2.12,910 words
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Article74 2002-05-17 16 ■S"ub S£ J5L umqmm m> Ma «rrw m mq» mm rm 9"> cm rn* Um mm cw HI >31 wg 11*0 40 i Dtnondl USSMOcd 6M0 *30 i IS OJ IK T«h I n HrfTh il S7S MO s 6 MSG Sport US575 12W WO s IS UnOO74 words
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Article724 2002-05-17 16 S3 gra-a 405 lie A^ol^ 51 II* "3 175 11 m -s 'i :5 b! i o; .iSS? ——g 2! ,.S S s B s; 2 *1 1 Awm <k 51 *u ***** 10-5 is 10 IU »5 in "5 5 2* j i S 1 I?led H724 words
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Article278 2002-05-17 16 -P/* }f*_ J* _uwqyt» Citt* Mr Srtw mm mcrn C '"M'I u* W- —fm umm Cm Ht jj 101 AVJanrangi 100 A lOOcd -1 44 101 915 101 M 1.7 H 7J 21SJ 1« a AVJvnrvngi A25c A 101cd I«t! 1014 101 97.5 MO 101 40 3 4278 words
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THE ARTS
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Article, Illustration505 2002-05-17 17 CHEAH UI-HOON - Three live acts are in town, featuring a well-known Filipino musician and a German quartet and duo, reports cbb&b oi-hoom CHEAH UI-HOON This is jazz lovers' weekend as no less than three live jazz acts are in town from tonight to Sunday. From Germany, the505 words
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451 2002-05-17 17 Aaron Lye - By Aaron Lye NEARLY 18 months after losing the battle against TB, veteran theatre director William Teo's legacy lives on, through the efforts of a dedicated team of his peers from the Asia-in-Theatre Research Centre the theatre company he founded in 1987. It451 words
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350 2002-05-17 17 Cheah Ui-Hoon - Daniel Kok's Melatonin was organic and earthy By Cheah Ui-Hoon IT began with a seascape complete with the sound of waves crashing and four still bodies crouching in front of the projection screen, as still as boulders embedded in a sandy beach. As350 words
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479 2002-05-17 17 Adeline Chia - By Adeline Chia HOW can Western operatic hits, Chinese wayang, two dance troupes and a television actress share a stage at once? They all come together in The Diva and the Dancer, Singapore Lyric Opera's (SLO) latest two-part offering. In the first part,479 words
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Article635 2002-05-17 17 Aaron Lye - OnpMki Aaron Lye PERFORMANCES Fn* Plays An Action Theatre double-bill of plays inspired by tropical fruit Written by Stella Ron, Human Heart Fruit ii a (mewoman monologue which tells the story of a woman who cares for hv temporarily invalid husband. But an accident occurs, and by "playing635 words
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Page 17 Miscellaneous
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Miscellaneous151 2002-05-17 17 CKVPTIC CROSSWORD start of evening (7) r 28 Flowers he'll see first out- Electrical phenomena 25 Lights losing source of curside are initially blue (9) ar und or in 0000,1 29 Peccadßo pocdter. we a T T^a£L.yes?(s) DOWN 15 Cherished fragment (5) Nidie 13 Apss 1 Beginning ntoe pint one's151 words
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GOLF
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Article, Illustration391 2002-05-17 18 SAMUEL EE - Mature weekend golfers may be more prone to injury but they have a very simple solution to the problem, says ee SAMUEL EE Nothing beats a weekend round of golfafterahard week at work. Except, of course, an unwanted injury. Which is what you'll probably get if you'rePHOTOS BY CHRIS LOH - 391 words
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Page 18 Advertisements
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Advertisement90 2002-05-17 18 t ROLEX WM W/ H K ofi&_ V J i flp lK ft. M J^C Rolex presents Diana Krall June 26th 2002 8.30pm Suntec Level 6 Live In Concert Reputed as the world's finest jazz singer pianist. Her latest world s best selling album "The Look Of Love" is out90 words
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ENTERTAINMENT/CINEMA
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Article, Illustration779 2002-05-17 19 Parvathi Nayar - DVD REVIEW By Parvathi Nayar THE Matrix!? It was the ultimate, mind-blowing, cinematic trip oftheendofthe -lastmillennium. What is the Matrixft Well, apart from being the question that sent fans repeatedly back to the movie, it's also what sets the film's protagonist—Thomas Anderson (Keanu Reeves) —on theFILE PHOTO - 779 words
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Article, Illustration548 2002-05-17 19 Adeline Chia - Hideo Nakata, best known for The Ring*, reveals how he got into the horror genre »y Adeline Chia THE Japanese have an inherent and common fear of water, says Hideo Nakata, director of Japanese cult horror flick The Ring. This he exploits to full extent in548 words
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Page 19 Advertisements
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Advertisement209 2002-05-17 19 Where to wine, dine and entertain... fy: A World ofExdusive Privileges Treats (oJfisS Dire c try fro m kni 11 p pines 1 Performooce nightly from 7pm ?H onwardi except Sunday Special W Fashion Show tor you treat P, r.ul.iu. toreservafcir& a* (65)*****136 iJSSL, 5 Coteman Sheet. Singapore *****5 PortrmJa209 words
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Advertisement167 2002-05-17 19 Join us and embark on a culinary tour of the best of Australian, showcasing produce from the State of Victoria. Dishes such as Lamb Cutlets, Roast Pheasant as well as Grain-fed Ribeye and Striplotn of Beef barbecued to tender succulence and many more win be teatued. A fine selection of167 words
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Advertisement131 2002-05-17 19 12 Anniversary Special PEKING DUCK LmiM to 1 ttak MM It fm Mk. mm «•*> *f IH Not vaM afl ■■■> n>n pv« I id M HII *1 July Lavat 2 Chinatown Point 133 Haw Brtdpa Road Tai: (534 4233 Pax: U34 2«2> www .mouth, comao I I I functio131 words
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Advertisement67 2002-05-17 19 FAVOWTOS Oa Cori Came bjmot Quetocßai W Sctjytoct Rfc» (Home-Smoked) Wf% tench F**Sto<* V(0 l/3b Baeftxrpen t Fcpa/usntwya tKNtrm. Jiairti 400 Octad Rood, #01-06 Orchod Towns (Rear Stock) Tei 738-3447 jtjNG A mluod 920 East Coast Parkway M 345 1111 Fax: 345 2138 Tty our specialty live seafood Lobster Sashimi67 words
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Advertisement120 2002-05-17 19 JL. 50% OFF ON ALL ALA CARTE FOOD ITEMS FOR WHOLE MONTH OF MAY, «T\ LUNCH ONLY. Reservations /J Recommended I 5 For your dininc arrancement, V A Ail PLEASE CAU, .-ST. 6 337 9920 LOOM MOO* 90*31* Official Opening Celebration CHUNGKING CHINOS PRIVATE DINING amara Horn. Lava, s IfIBTUUOMPAMRIIOAD120 words
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CINEMA
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Article, Illustration978 2002-05-17 20 Parvathi Nayar - Even the Force is mining Episode II Attack of the Clones. The preqnel has bat flashes of the old fire Bu\ Parvathi Nayar IN many ways, the only thing truly appropriate about Episode II Attack of the Clones is the title: the film is like a clonedREUTERS - 978 words
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Page 20 Advertisements
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Advertisement32 2002-05-17 20 t fl? jimSttA They say the eves are Ww f/^mIIP the windows to your soul. K* tf" M Then make every glimpse v 7 iL iSr vkl hml Shopping J B Jw^j[yWWWWM32 words
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COVER STORY/EPICURE
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Article, Illustration1054 2002-05-17 21 GEOFFREY EU - Gaetano Ascione talks to Geoffrey eu about his pet peeves, his experiences as an owner-chef and his latest venture GEOFFREY EU IN the kitchen, Gaetano Ascione knows how to cook up a culinary storm outside it, he has a knack for stirring the pot of controversy.1,054 words
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Article, Illustration930 2002-05-17 21 GEOFFREY EU - GEOFFREY EU finds out how Judie Scarpa ensures her restaurant stays on top GEOFFREY EU SINCE 1989, diners at Da Paolo have been witness to a pleasingly familiar scene on countless tropical nights: the sight of a stylishly attired, perfectly coiffed and perpetually tanned JudieARTHUR LEE - 930 words
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Page 21 Advertisements
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Advertisement37 2002-05-17 21 I Like nai inc. I l lie crcaMVs on our -hiri I I will scll-roc<>\( v r. I -11 wi. 1111 -\\rillkl< I! i h -1.11 n !'<>!•> I 1111 Asliworlh I M--i I- 1 -in I l'i37 words
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EXECUTIVE Lifestyle
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Article, Illustration1457 2002-05-17 22 CHEAH UI-HOON - Is it every chef's dream to be his own boss? CHEAH UI-HOON finds out from three chefs-turned-entrepreneurs the pressures and rewards of running their own restaurants CHEAH UI-HOON IN this day and age when starting-your-own-business is the way to go, it looks like the gung-ho entrepreneurship spirit isJENNIFER CHUA - 1,457 words
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Page 22 Advertisements
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Advertisement30 2002-05-17 22 Bhk. W HL -**T L'Espace Affaires. tMIpW m—fc«rrf Refined on-board service, modular seat, high-tech audio-visual 41 For details contact your travel agent or call Air France at 6737 6355 www.airfrxmce.com.sg30 words
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SHIPPING TIMES
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Article269 2002-05-17 23 Reuters THE Baltic Dry Index (BDI) fell three points to 1,038, the Baltic Panamax Index (BPI) lost one point to 1,067, the Baltic Handymax Index (BHD dropped 14 points to 7,756 and the Baltic Capesize Index (BCD was down five points to 1,164. Leopard! (built 1962) 132,066 dwtReuters - 269 words
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Article240 2002-05-17 23 Wg» SI *h ttl CWTDtatrttutton 0.80 -0.01 6 Chuan Hup 0.43 -0.01 453 Cotco Invwtmmt —0.2 4 -0.01 319 FrMahtUnk* 0.06 unch 20 08 IMMtoga 041 -0.01 72 IMC HoMngs-HK —5.60 unch 0 Jay* HoMlngi 0-24 unch 505 KappMCarp 4.40 0.02 847 K*pp*4 Marin* 0.19 unci) 2259 K*ap*4T*M240 words
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388 2002-05-17 23 Shipowner agrees to replace vessel with Australian flagged shijjjpd Australian crew Reuters [SYDNEY] Australian seamen who took control of a cargo ship 15 days ago to stop it being reflagged in the Bahamas with a Ukranian crew ended their protest yesterday afterReuters - 388 words
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275 2002-05-17 23 Alec Almazan - Coast Guard chief will be sacked should another sea accident occur and lives are lost: President From Alec Almazan in Manila HEADS continued to roll at the Philippine Coast Guard following the sinking of two passenger ferries with a heavy loss of life over275 words
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Article, Illustration308 2002-05-17 23 AP [LONDON] After more than 30 years, the ocean liner Queen Elizabeth 2 is to stop making trans-Atlantic crossings, the vessel's owners said. Cunard Line said that from April 2004, the luxury liner's Southampton-New York sailings will be taken over by the company's new flagship,AP; FILE PHOTO - 308 words
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Article, Illustration51 2002-05-17 23 [HIMEJI, Japan] Japan Coast Guard officials escort two Filipino crew members, both wearing orange life vests, aboard the Panamanian-registered tanker Tajima offHimeji, western Japan. The two, Almercito Racela and Nolieto Pabiona, were detained on Wednesday on suspicion of killing a Japanese member of the crew aboard the ship.AP - 51 words
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151 2002-05-17 23 Bloomberg [LONDON] Peninsular Oriental Steam Navigation Co (P&O), the UK's biggest shipping company, said it is considering selling part of its European logistics business. The company is looking at "the possible sale" of the Contract Logistics unit of its P&O Trans European logisticsBloomberg - 151 words
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PORT Shots
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Article80 2002-05-17 23 [SINGAPORE] South Korea's Hanjin Shipping will disaffiliate Itself from the family-controlled Hanjin Group by the end of this year, a spokesman confirmed. The shipping line has historically been run independently of the group's other divisions— including airlines, ahiphiiiMfwganH flnivial services—each headed by a 9on80 words
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Article126 2002-05-17 23 [SINGAPORE] Delmas, P&O Nedlloyd and Mitsui OSK, Lines (MOL) will launch a new Joint service between Asia and East Africa this month, offering the fastest transit time available on the route. Using five geared vessels, the East Africa Asia Express (EAX) will offer fixed day weekly126 words
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75 2002-05-17 23 Alec Almazan - By Alec Almazan [MANILA] International Container Terminal Service, Inc (ICTSI) recently announced that it would be absorbing its wholly-owned subsidiary ICXCorp into its operations. ICX was established in 1996 to manage and operate the country's only rail-serviced Inland container depot The inland container75 words
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Article78 2002-05-17 23 Alec Almazan - Alec Almazan [MANILA] The Philippine government will be hoeting a national convention for seamen, which will draft the first Magna Carta for local seafkrers to ensure their protection and global competitiveness. Foreign Affairs Undersecretary for Migrant Workers Affairs Merlin Magallona said that the National Seafarers78 words
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751 2002-05-17 24 Selva Kumar - ADMIRALTY CASEBOOK -By Selva Kumar A MAJOR international law firm has advised insurers that there is no guarantee that courts of first instance in the United Arab Emirates will reach results expected by marine insurance professionals. The observation was made in an751 words
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Article191 2002-05-17 24 PACC G Link K) Avant 10 C>»nr Mm 10 rtangMas S 4 BSA 6 5 BSC 10 "o** 9 BTl 10 Heung-A 3 CMACGM 3 HubUne t0 C0SC0 3 MUAt Central Ei 4 4 Chahaya 10 Co,rt 4 ChinaShpg 5 lmk 9 Confer 10 Irxloguff 9 Cougar191 words
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Article, Illustration90 2002-05-17 24 AFP [DALIAN] The Varyag aircnft carrier berths at Dalian port in north-east China, to be refitted as a casino for use in the gambling enclave of Macau. Tight security surrounding the decommissioned Ukrainian aircraft carrier is fuelling suspicion about the Chinese navy'sAFP - 90 words
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Article15045 2002-05-17 28 THEBUSINESSTIMES EXPORT ETA Advarthar VmuI unwm. I m m I ETA ETA Advartlsar V«s* Voyage Tataphona ETA ETA AdvartMar VimI Voyaga TMphon. S£L—SZ£2—2S? *y*y N»»M>ar 25/05 2V04 UASC NAJRAN CUM 45*422*00 Tte ABIDJAN (ABJ) 2003 Cot* Devoir* 28/05 SAM COSCO COSCO ONCOAO 004W 45*22*1900 28/05 WOi Hmis SAN15,045 words
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SHIPS IN PORT
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Article594 2002-05-17 33 Vwtt< Voy »> BrtH Anlwl Dapartart JmM T y*' *5* JM H/05/2tt> BAB/17 JO *****5 JB W0V715 K/DV17J0 BAB/»55 BAB/2340 j» bab/»2o ummoo 0,0 PUTW ro joi wovtw)5 mm jo M»"SW 2 *****1 jo2 bab/B* babkwo M**™ 2 OH* JB I6AJVU55 BAB/23flO 23 90 J02 bab/djo n/os/rrjo ■WAJATA594 words
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Article1356 2002-05-17 33 KCPYWC Of EXFOtT FOL COWT/UWDK AMP Id CAM0 Mk|/lilwt Hits ttk/*r NrtM Ff To Fw tauM am mm im mr im nflwj u htrgo nmot nrmx a www vmm vmm I MM irflW xr vnm vnrnt vnm mm MM MH M/NOO MM WW MM JJ MM MM IM1,356 words
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Article165 2002-05-17 33 May 17 Norway: Constitution Day Marl* Norway: Whit Sunday South Korea: Buddha's Birthday Sweden: Whit Sunday May 30 Canada: Victoria Day Germany: Whit Monday Norway: Whit Sunday Sweden: Whit Monday Switzerland: Whit Monday May 25 Brunei: Prophet Muhammad "i Birthday Indonesia: Prophet Muhammad Birthday Malaysia: Prophet Muhammad't Birthday165 words
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Article785 2002-05-17 33 this report compiled by Cockett Mr rim Oil Ltd, shows price ranges in US dollar* instead of single prices for a more comprehensive description at the market Prices shown are baaed on averagesised stem. Market movements are indicated. The Cockett Bunker Price Index chance and the785 words
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Article369 2002-05-17 33 Ow*T Mr JW ms 0.4 17.5 0.06 52 0.04 «m »«M ma A 07 MJ 0 0? 26 0.02 mH awn* mj <u 19.0 0.09 53 ojm 522 iz! *32 *SS 5** hobow«35 *****0 ao,amc{mi Z .i SI Si ao ojm —w ttg 2! to HO369 words
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AIR & LAND transport
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Article644 2002-05-17 34 Risks remain of further attacks on aviation, idle planes adding capacity Reuters [LONDON] Recent European airline results confirm a general picture of an industry hauling itself out of a severe slump, not racing into heady profits but at least recovering steadily, analysts said. The planes are generallyReuters - 644 words
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309 2002-05-17 34 It books 4b baht in fbrex gains due to strong currency AFP [BANGKOK] Thai Airways International said on Wednesday its net profit rose sharply to 5.77 billion baht (*****.9 million) in the half-year to March against the same period a year earlierAFP - 309 words
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436 2002-05-17 34 Bat its CEO vows to proceed with planned rebuilding Reuters US Airways shareholders expressed scepticism on Wednesday over a restructuring plan for the struggling airline, but its chief executive said he was determined to rebuild the nation's sixth-largest air carrier. US AirwaysReuters - 436 words
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LOG Book
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Article100 2002-05-17 34 Bloomberg [ATHENS] Olympic Airways, Greece's national carrier, said It will stop using its 11 Boeing 737-200 planes that exceed noise European Union limits. The airline said it already has grounded eight of the planes because of the International Civil Aviation Organization regulations, which theBloomberg - 100 words
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78 2002-05-17 34 Bloomberg [SHANGHAI] China Eastern Airlines, China's third-biggest carrier, is in talks to team up with rival Shanghai Airlines Co to reduce competition in their home city. "We are in preliminary with Shanghai Airlines," said China Eastern spokesman LuoZhuping. "Cooperation will be good for bothBloomberg - 78 words
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Article, Illustration217 2002-05-17 34 Anssie Hawk trainer jet taking photos of US plane AFP [SYDNEY] Office workers in Sydney were given a shock yesterday when they saw what appeared to be a large airliner shadowed by a military jet bank over city skyscrapers. The two planesAFP - 217 words
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215 2002-05-17 34 Reuters [COLOMBO] Emirates airlines and the Sri Lankan government will hold further talks next month on a privatisation deal in which it bought 40 per cent of the national carrier in 1998, Emirates said. Officials of Dubai's Emirates held discussions regarding SriLankan AirlinesReuters - 215 words
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283 2002-05-17 34 Reuters [MOSCOW] Russian aircraft designers Sukhoi and Ilyushin are working with Boeing Co to design and produce a locally built shorthaul airliner by 2006, a Sukhoi spokesman said. Yuri Chervakov said the first "Russian Regional Jet" would roll off theReuters - 283 words
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Article1357 2002-05-17 34 njQtT ETA fUBIT W m nil BSO jjjq LH9770 2230 Oartaa S0405 06« g? Uf97*2 0*35 umm 1230 "2 Jg W"« 0*35 $032* 1230 6*975 1025 SO* 2345 $025 0435 1*7357 2250 W UB704 VMS 0F5 2250 *>— mm mm *u» ue mm 2305 AacUaM D(W71,357 words
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Page 23 Advertisements
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Advertisement12 2002-05-17 23 I ADMIRALTY CASEBOOK UAE courts reactKfifferent uamISJJM SM venucvs n pimiailclaimsl ■Pay?12 words
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Advertisement25 2002-05-17 23 US plane sparks Sept 11 scare in Sydney Back Pace European airlines Thai Airways' recovering but half-year risks remain ■BactPige profit up taut 1 i25 words
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Advertisement647 2002-05-17 24 I T9WA/QAMAOA ZD I EXPORT 1 I OTHER OEBTMATKMS I ?L_ .7!^I mg i t gggJ^gLL n AS l^omstom| M B^«s|Q#cAao li^toml[ m nffim ii mn rm I^—) I WUMTM 5K70 lvos 15/051 31/05 04/0* 05/ M 05/0* K/M OVM STTp t OOQ CDHLMDS 37C1 21/05 WKI 07/0* '1/M 17/647 words
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Advertisement52 2002-05-17 24 WORLDGATE EXPRESS LINES PTE LTD t 180, Cacil Stvaat, Bangkok Bank BuHdktg, S*pora *****6 Te,: *****911 Fax: *****073A*****863 Email: wgateGmbox2.stngnetcom.ag WEBSITE: httpj/www. wortdgate.com.sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS Brar |j I jr** i 5 ET iiS amp 11 5 ST" I 1 Ml uutmmim iy/M IuKIMBBi'Min I I52 words
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Advertisement503 2002-05-17 24 Lm** 4 services represented by Members of ffw RegtsJry oi Members of ffie %xSSSrIj Accredited Shipping Agents, Singapore logistics Singapore Shipping Association Association comunts/ CONVBmOHALCAKO WY FIAPKL ETASIN ETAMALE M IMS IMS IMS PrtecwU* M Km IMS IMC LIU MARINE SEIVK. ES SINGAPORE n—, mnwumii Fuoimi SCANI'IIART AGENCIES SDN BHD503 words
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Advertisement1193 2002-05-17 25 TO EUROPE FROM EUROPE vcsa vorl aw m w n>» w sou uh |[vb» Iwr m mmm iv sou um sn HtUM*B6COMtT 30MT M/M 07/ M 00/0* 11/0* 05/0* HYIMMIMBfBS 9* 27/ M 20/ M 01/05 S/M U/BS *I*MX IVW 23/05 15/0* 17/06 13/0* 10/0* MOMMS 001( 30/04 02/05 M/1,193 words
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Advertisement1434 2002-05-17 25 GUI TO 1 COtOMBO T/Tl4 OATS muMmKmin SaSSi"* SSffU nt SSffi' 4,m ggBB! CI 00:*****I*****M TH; *****900 (MAM) MWMO (D/ 0) *****H4 *****319/49 T/SHT DtfT *****52S *****314/44 CONVDTKMAI. MM5301/ISO *****323/73 V9/WT 5» Ntt SHA on n Ml TM WO WED HPU U TR WKTI TH Milt MO n M IM1,434 words
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Advertisement458 2002-05-17 25 m w T ra ms w wis wc *ssa vot si hkg MfK HOH6KOM6 gM l|/5 l|/5 H/5 25/5 P/5 31/5 affCWSAW 204S 15/K M/ 05 21/05H1M4 Bjjcmgt 207W n/S 23/05 24/5 H/S 31/5 4/4 HTWKUSftWTH 074S 17/05 M/8S 24/85W/D5 Ml/14 KMKIttSAW MTU 2»/5 38/5 2/4 5/4 7/4 11/Tjl />«HAC458 words
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Advertisement1144 2002-05-17 26 HMMS* HYUNDAI MERCHANT MARINE CO., LTD. q m. UHmmm |«m wr mJ mm aw m mm mv Ifnga wrr I son |i«| mi ant |hm| hv fJT "•"J" mw ,I/IS "Z* s naun ma m/m v/h ii/m n/M u/m Ml mam 1Z H/E mmt li/U M/ «7« M/M U« H/M1,144 words
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Advertisement894 2002-05-17 26 WAN HAI UNES (S) PTI LTD \VT\WAN HAI LINES aKMßHrnKmßMiakMßMinwrninvnuß w««.«My.iN.M mmmmtmrnkmsßtmrmmnawntm mtntm MMftMMIM»MMaMMgMMa I9R 1 I mm ao m m art as no to on w> 22™ «in na* ms ms ms cm <o% m* Zll 522 Ms >1* n« Ml Ml M M 212 !!2? nn/ n M894 words
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Advertisement426 2002-05-17 26 |__WH3aYEXPfgSB BAMJN6 SCHEDULE ACCEPTreToTnWWTHIMJMoS W/ni ETA/tn EU/uv BJS EU/DB H»*S» soiw 13 MOT ISMOT If MY 22 MI 2SMI i«Mgj'« ww-isrw-n-Eo«f«W_ 3*— —jm —lh—LH ijp ma ism IttIBWBS tIM Hi 1?1 IC ~»1~ ti SHtsni soi i* 17 i if jh dm s m n m mw*iewbs|»iw| m nm mm426 words
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Advertisement916 2002-05-17 27 IRISL, flfo© IkxFgf&aft hj oihd 3zk?} y G&s&ipQa ®oq Ibiffl] <d} Ikidftws) (few ®s> Jjo/fejax®/ ipisxkitiite Urn JJ*sjh) 03 wall] os 9® (S>&& Gsmflirim fa Mb® {k&ifaso Uar&mito Qfaim> AGENT M SMGAPOfIE AGENT M MALAYSIA AGENT M MDONESIA Tn°2!£!!!?7£? T f<£Eii£? N**********00H BOUSTEAO SHFPMG AGENCIES SON. BHD. PT SMOSE CONTI916 words
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Advertisement489 2002-05-17 27 i UK CONTINENT SERVICE Looting tor t* Mrr RA RDM/ATW/BMNAJK/NAN MARVLAKI RDM/ATW/BMNAJK/NAN Load» Sngapore. E7W Matoyan. mdoneaa MIDDLE-EAST SERVICE Loading tor ANAIS LAND JDH/AQA/DMT PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT LOK KIRTI HDD/JDH/AQA AFRICA JDH/AQA HANDY DRAGON DBI/ABU/DOH/BRN/DMM/KWT TZANETIS DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore, E7W MRayßa. hdonaa USA SERVICE Loadngtor OMIROS CAM/NFK/SAV/NOL KONAMAR CAM/NFK/SAV/NOL "Loatß489 words
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Advertisement681 2002-05-17 27 Kmß -S3 i*/B —it/%— ~-j}S—— y^^JjUjyjy JfflL au BBL rasa VOT -SSH 355 ag -s«s«—~»« **-1 I 8% I isas -ro BS-HiH WW —HI 81 IB Mfl msfi «nr Sp um "/B Soma )Scc/Mt §fcr~ -gjg 6 gfe ®JL_ MIL jg ffg ~^zjgE g£S I 01/S 1 >5/00 I 10/S681 words
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Advertisement106 2002-05-17 28 ALI N E PyifcSanotor JQM_29ZQIS^"Q47or"^ gg^"j^~~~JJ lr LL^ Pocific Senotor 949E 20/05 12/06 22/06 24/06 26/06 FprifrSenotof 949€_ -QZZQ6 JZZQ6. ~***** ~*****~ London Sencftx 951E" 27/05 12/06 22/06 24/06 26/06 London Senator 27/05 12/06 "17/06 "*****" zsisrjzm ISZM IBM! JZMI HZ ZZI ~M& ZSMI HH Grand Vi«on 003E 03/06 12/06106 words
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Advertisement136 2002-05-17 28 CWT GLOBEUNK PTE LTD W OWN OFFICES IN: TEL:S22SI M 33 (36 LINES) FAX:5225§742 l m SYDNEYMELBOURNE FENANGPOUT KELANG FASIB GUDANGKUCHING BANGKOK KARACHI BOMBAY NEW DELHI-COLOMBO-HO CHI MINH CITYHAIFHONG-HANOIBBENIENHANIBUBG-TIAMJIN-OINGDAO-SHANGHAI-XIAMEN FUZHOU DALIAN XIAN BEIJING SHI JIA ZHUANG EAST MEDfTEWtAMEAM ALEXANDRIA/PORT SAID/ASHDOD/UMASSOL/PIREAUS/THESSAIONIKI/BEIRUT/AQABA/ISTANBUI/IZMIR IMEfr MIiDITHmtANU/Als! PORTUGAL BARCELONA/GENOA/MARSEILLE/LA SPEZIA LISBON/LEIXOES CENTRAL EASTERN EUROPE VIENNA/PRAGUE/BUDAPEST136 words
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Advertisement42 2002-05-17 28 OWINSUI SHIPPING Pll LTD TIL *****277 HUL *****007 (3 HO M*****0Q00C *—MMtwnO—i. t Srfhfs Wwtiy (Mm Sal) 3 Sdhgt HmUy Ufa* VM. H) < Im*»I J»m| Sri La*rfa|« CMtww Sn Do. H Dwr FQAQ/ (mrwtofd Ciryt D*« to o*o> PROJECT CARGO MkSn»fep*tf«pfe arffaarfpAaWba*42 words
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Advertisement219 2002-05-17 28 iBSA^ tegfe MYANMA VUMHI five star une vissa vot m m m ku 098 SHNI HAW SOW SU PAGAN V3O4W M MAUTSUL OOUSHAJ) SMPPM6 MOCKS «UL 03-*****300 P*L 03-*****101 PBt 94-*****92 Mi bank line (A tfvkt t< k+rm WMr VT" NOKTHiOUNP TO EUtOW~ V CONIMNB, ROKX MUX t NMTrUFTS ffisa219 words
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Advertisement43 2002-05-17 31 W KALIMANTAN 1 MMCT WllltlT SIKVICi TO 1 AMUm/PMW>ll6/BMm 1 I IJP inw hia" 1 SUtMATA/MNMM vnni PSI m m I owh w/fa "TI7B H7B H/U I I KMWANS/raUUI Mill ißa- L% lITST rar^i I PUUUI uuwmm/Pfmnc l ia— i„%i ,i% ["gjy r»g43 words
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Advertisement52 2002-05-17 31 RILL CONTAINER SERVICE DAILY SAILINGS vemb. voy naffcicwy wpy raawi air aasig:fflßj:aijagai moQWEM a»7» 17AM2 m z*m hwb w MBtH tW -MBZL- JMML JH_ MML JMMt .ML. AGENTS U, U C4i.'« (SOO COQ T^KMe^lfuNo^ F l >uc*a^Ma* VICES LTD COMPASS SHIFTING AGENCIES SDN BHD TBJ oa <P7> a—wwjhtiouwb FAX: 0252 words
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Advertisement40 2002-05-17 31 r<g sr wrap mum aumo/m vim VMM Sayfr"" 1 Swwaiwn aiUT PHOENIX SHIPPING ptdltd MONTHLY BfCAKBUX KHVKZ TO KXrrHmTAnicA AND MOAN OCEAN HLMC* PMOOOO I 06WB ZJST" AewitK Ban Una AoandM (S S» Ltd Tfrfc *****161/142 ftic *****183 Tbc Rsaiflflo40 words
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Advertisement40 2002-05-17 31 FT* FTD LOMMW TROPICAL MS IMMQt WBHOQ2 WNOM JUN 3 WWHIMMM WHOM WW! WNQTOU (30 TON OBMCX AVMLABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD X ANKJN WUAUIW MWaHIWHWUW 1 "II 1.1 Read Reviews of LINERSCENE Bmy Fortnightly on Monday40 words
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Advertisement34 2002-05-17 31 5= ESP LINES mm umbsw m-wr n/wm mm,mm MMMHk ttBIMI HUb MB1W? WBUUWSMWfWE/VETIMiSanWCE mm vor ra m wmu 4/n amr u/ts mmm/mm mmuc i/n hport M/VS —h mi mm ii i/n m/b a/M ma34 words
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Advertisement497 2002-05-17 32 JFW MMgy— BHESISIS wffUne Wllfl^ljiiMiilliil I ijj *****? 22 I TKBSNMR rm M-2VOS 31-02/U 07M/M I I I I £2E£, 21! n4,/ a 4"* I*iv* I sa- a sss «b&. %r I BP ■TIGS MM «Z7 M-MS 314Z/M Of IVM I ■jgßSU«G^^H^^ll4M^^oMW*^l£Wl*l ■OTSSSOWB ifJB/05 nrvw 2*2*/ os I ptaiw mi497 words
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Advertisement605 2002-05-17 32 w® mm wt SKtfOK rorr khang otrucoHG n» m in m n» m n» IMIM M H/M l»/M »/M M/ts n/K */j |l/t5 •!>!» M 1«/W il/05 2S/K «5E5» Mil/ Ml w/n ~n/«s n/ts 27/ts ii/w~-ii75 —urn ">"—B WMM m 11/ M n/n n/ts »/w i\/%j IQCUM MH7 MX n/W605 words
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Advertisement50 2002-05-17 32 /-m. CONFER (S.E.A.) ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****246 DIRECT CONVENTIONAL SERVICE TO CHITTAQONQ VESSEL SIN CTG EMERALD 20-22 ND MAY 25-30 MAY TlAxwi CocJwi Far HoChkMiH^toigHan^a^ftMißMdißuw FCtACL IwvIOM TK AMMB 9|ff*wy M^iuuhh Ewap* r M ——n i n "li—iilmi EMWMIW JttU Qa Tmm> Umn Qra Bralana MMkllM50 words
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Advertisement913 2002-05-17 32 I lib IPDZ LINES ag'" a t«a?»«a 1 WtCb sMMwtt: to«g no sTT" HULtx-tzv-om I MBS 2H4 l«/»5 m 21W 21/05 aU*M 2135 24/05 GUM 2235 24/05 IBM MS aSWB 2245 21/15 GUOO 2iw 24/05 GUM 2148 20/05 MOO 2141 20/05 wok ism VBll WHBI4 2225 24/05 BB 2200 29/05913 words
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Advertisement150 2002-05-17 32 IWBKBBBBBH BREAKRUUC it CONVENTIONAL SERVICE MKT SarVKZ FROM STORE TO KARACHI Ivissa voua ranwra« nnM«ioi~| [HMMAW I 17m IVMP HWU SEA-PAC MANAGEMENT PTE. LID. 70 Amon Kood 17-07/0* Ukfkmm *270 0977 Vl rouiiwU. 6273 2909 Mk KS ***** SUNC DRBECT «W NAMEO, PJUL KOREA rasa I wag n* snawtt W150 words
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Page 33 Miscellaneous
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Miscellaneous124 2002-05-17 33 I^ll^ K Thunderstorm fl«pore A Showers yCS, "JJ ain T weather" fe °0 Wind direction and speed in knots Cloudy Day weatner t><l Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I I Slight, < 1,2 m -"—•One half fleche124 words
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