The Business Times, 31 May 2002

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Total Pages: 48
1 48 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 010/03/2002 |lntemet^ittp!//busines^ime^si SINGAPORE FRIDAY, MAY 31, 2002 85C
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  • 75 1 sn M 83.43 (-0.99) ST INDEX FUTDBES 1,07.00 (+6.00) SUSCIFOTOBES 21L70 (+1.10) STOCK MAEKET INDICES Thursday Change KLSECOMP 759.33 -3.81 NIKKEI 225 11.770.03 -8197 HANG SENG _.l 1.380.61 -5005 SET INDEX 407.41 -170 JAKARTA COMP ..522.55 +1.86 MANILA COMP .1.***** >5.13 TAIPEI WPI 5.736.19 +***** SEOUL COMP 815.61
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  • 70 1 FOBEX BATES us$ s$ USS (SS per I'SS) 1.790 £(l SS/SS per 1.466 2.624 El'RO(l SS/SS/E). 0.937 1.677 DM 1216 1538 YEN 124.0 69.30 RM 3.800 1123 HKS 7.799 4.358 BAHT 4146 23.72 RIPIAH 8.830 4.933 PUME SATES SINGAPORE* _5i5 KUALA UJXPUR 6.40 HONG KONG 5.125 JAKARTA 39.00 TAIPEI
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  • 950 1  -  Suit dismissed with costs; IDA deciding whether to appeal Byi Angela Tan [SINGAPORE] The Infocomm Development Authority of Singapore (IDA) has lost its landmark court case against Singapore Telecommunications over a disputed $388 million sum. After a three-week long hearing, the High Court
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  • 1352 1  -  GLC REVIEW ERC panel wants less regulation, more marketdriven solutions By Catherine Ong [SINGAPORE] David Rich's chart on his office wall doesn't display the organisational tentacles of MCI Worldcom, the giant US telecoms carrier he works for. Instead, it shows the companies
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  • 603 1 EDITORIAL "ALL the government we need, but only the government we need." Mario Cuomo, former governor of New York State. It was with this quotation that Minister of State for Trade and Industry and Foreign Affairs Raymond Lim began his briefing on the recommendations of the
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  • Page 1 Advertisements
    • 90 1 nisPE Shipping Times Bunker supplier suspensions won't affect fuel supply chain. Shipping Times Pg 1 Arts Fest Tan Dun's affinity with water. Exec Lifestyle EL 7 Must-sees at the festival. Exec Lifestyle EL 7 Top Stories SingTel may raise phone rates, the 1st time since '91. Pg 6 Tan Chong
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    • 65 1 MORE REPORTS Competition law: lean, market-friendly, Pg 3 Commentary: Time is a luxury S 'pore can't afford, Pg 3 Analysts call for details, time-table for GLC divestment, Pg 4 Football vs Wif s business Will the Singapore stock market slow down «iiui companies suffer lapses J because of the World
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    • 122 1 QC was hired for his expertise, value added. Next Page Davinder wins back handed praise from QC, Next Page JR fr To CELEBRATE The 30 T H ANNIVERSARY OF THE Royal Oak. Audehars Piguet is backing MQsMT \> Alinghi. Swiss Challenge for the America's 1 Cup 2003. Vjk N IIDRNURS
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  • NEXT page
    • ON THE grapevine
      • 70 2 CHATTERBOX at Mandarin Hotel, famous for starting the trend of serving chicken rice in coffee houses, is now selling toy chickens mother hens and chicks to promote its chicken rice. But imagine a kid buying the cutesy chicken toy and is then asked
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      • 72 2 FROM a reader: "I got an income tax form from the IRAS for the first time in three years last week. Called them up to ask whether I needed to file a return, and was told: 'Oh, you don't need to file, we should not have
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    • 458 2  -  Traders will be wary of ramping op stock again: dealers By Serena Ng [SINGAPORE] The Singapore Exchange will today lift the designation status on shares of Dayen Environmental, following an 18-day ban on contra trading and and short-selling in the counter.
      Source: Reuters  -  458 words
    • 459 2  -  This ends months of speculation, effectively kills current Amex offer Hy\ Quak Hiang Whai [SINGAPORE] Credit cards for home downpayment? Well, it's no go, the Monetary Authority of Singapore (MAS) has ruled. After months of speculation among consumer bankers on what
      459 words
    • 477 2  -  SINGTEL, ID A SUIT Sher is one of the leading lawyers in the area of mistake of law and restitution Reports by, Angela Tan [SINGAPORE] Queen's Counsel Jules Sher was hired for his expertise in the area of mistake of law and
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    • 230 2 [SINGAPORE] The threeweek long trial between the Infocomm Development Authority of Singapore and Sing Tel was not all mudslinging between the lawyers from Drew Napier and Allen Gledhill respectively. During the last day of the trial, senior counsel Davinder Singh of Drew Napier won
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    • 54 2 IN yesterday's article "Fresh funding by small IPO firms raises concern", we said that ornamental fish exporter Qian Hu Corp raised $1.8 million from its IPO in late 2000. The IPO, in fact, raised net proceeds of S3 million, as was correctly indicated in the accompanying table. We are
      54 words

  • FOCUS glc review
    • 632 3  -  It is to ensnre level playing field and businesses don't have to worry about red tape and legal costs: ERC panel By Chuang Peck Ming BUSINESSES do not have to worry that the competition law which is to help bring about a more level
      CHRIS LOH  -  632 words
    • 573 3  -  Taking 3 years to come up with a competition law is just not tenable, argues lee hah shih LEE HAN SHIH IT would seem from the leisurely manner in which Singapore is going about reforming the economy that officials here haven't heard of
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    • 1086 4  -  Feedback Unit rhairman says EISCs recommendations a step in the right direction By Conrad Raj ANALYSTS expressed disappointment with the report released yesterday by the Entrepreneurship and Internationalisation Subcommittee (EISC) as they felt the recommendations lacked details, especially a timetable for divestment
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    • 95 4 The recommendations look pretty good on paper bat in reality will be hard to achieve. The direction is right bat will the flesh be wilhngT Song Seng Wun, regional economist at stockbrokers GK Goh The market was expecting a modi more rapid privatisation programme bat instead the
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    • 459 4  -  ffy Siow Li Sen THE public sector and governmentlinked companies (GLCs) should establish stronger partnerships with small and medium-sized enterprises (SMEs), the Subcommittee on Entrepreneurship and Internationalisation has suggested. And a good way to do this would be through the Local
      459 words
    • 476 4  -  By l Conrad Raj SO many government statutory boards have set up enterprises that the Entrepreneurship and Internationalisation Subcommittee of the Economic Review Committee feels there must be rules to control their encroachment into private sector space. "If not done correctly (the setting
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    • 572 4  -  Govt agencies also urged to help form industry dusters for international expansion tty. Loh Hui Yin LARGER government-linked companies (GLCs) should team up with other local companies and compete as a group if Singapore Inc is to make a greater impact abroad.
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    • 1954 5 We reproduce here part of the report from the Economic Review Committee's Subcommittee on Entrepreneurship and Internationalisation WHEN Singapore became independent, the private sector was too weak to provide much-needed jobs and to support economic growth. Government therefore stepped in as state
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  • Page 3 Advertisements
    • 136 3 LOEWE. Singapore illlSß t•■ -gff .y'y v The new Plasma Digital TV. The technological basis of a Spheros is its plasma display. Spheros represents the quintessence of television. This totally flat TV set can be hung on the wall like a painting or placed in the centre of a room
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  • Page 5 Advertisements
    • 112 5 I Can a car mirror the sentiments of a whole new generation? Can it look convention in the defies its five-door status. A car which proves that a luxurious hatchback isn't a paradox. f*|y|o /y#\ eye and say, "Thonks, but no thanks The Golf. A harmony of design and ergonomics
      112 words

  • SINGAPORE companies
    • 436 6  -  Capita Land said to be scouring for cornerstone investors, underwriters for relaunch of trust By: Kalpana Rashiwala CAPITALAND has started oiling its machinery for a relaunch of the Sing Mall Property Trust, which it will rename Capita Mall Trust, sources told BT. Sources
      436 words
    • 342 6  -  Move follows strong sales in preview of first phase By Vince Chong CAPITALAND will release all remaining unsold units at The Shelford this weekend, following strong sales of more than 50 homes in a first-phase preview of 100 units two weekends ago.
      FILE PHOTO  -  342 words
    • 684 6 Such a move would boost profit for firm: analysts Bloomberg SINGAPORE Telecommunications (Sing Tel), Southeast Asia's largest phone company, may raise domestic phone rates in Singapore for the first time since 1991, a move investors say would spur profit. Sing Tel
      Bloomberg  -  684 words
    • 147 6 Bloomberg CITY Developments, which paid $288.9 million for a "white" site in the New Downtown recently, said it will sell the office or apartments it builds rather than hold them for rental income. "We are trying to work out the best possible
      Bloomberg  -  147 words
    • 550 7  -  Price differentials on Clob and Sydney bourse prompt Aussie developer to moll the option By" Ven Sreenivasan AUSTRALIAN residential property developer AV Jennings Homes, whose shares are traded on Clob International, may apply to have its shares included in the co-trading arrangement between
      ARTHUR LEE  -  550 words
    • 254 7  -  By] Kalpana Rashiwala FURNITURE, household appliance and electronic goods retailer Courts Singapore posted a 41.4 per cent decline in group net profit to $9.8 million for the year ended March 31. Contributing to this fall were weaker sales and higher provisions for doubtful
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    • 678 7  -  lock siew siow li sen CONSUMER bank executives are mentally donning their helmets and filing into the trenches as the day of reckoning looms. While most consumers are more interested in hunting down bargains at the Great Singapore Sale or deciding where to holiday during this
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    • 298 7  -  Flairis' PCB design was no unique trade secret, says judge By] David Boey FLAIRIS Technology Corp. a Sesdaq listed electronics contract manufacturer, had its case against four former employees thrown out by the High Court yesterday and was ordered to pay costs to the
      298 words
  • Page 6 Advertisements
    • 1199 6 JURONG ENGINEERING LIMITED EXPIRY OF WARRANTS 2002 IMPORTANT NOTICE TO: ALL HOLDERS OF WARRANTS 2002 EXPIRY OF WARRANTS 2002 To Holders of Warrants (the "Warrants") to subscribe tor new ordinary shares ol Sso 50 each in the capital of Jurong Engineering Limited (the "Company") expiring on Tuesday 2 July 2002
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    • 424 6 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. *****2 of 2002 In the Matter of the Companies Act (Chap 50) And In Ihe Matter of OOYSSEY INTERNATIONAL PTE LTD (RCB No *****3127H) NOTICE OF WINDING UP ORDER In the Matter of ODYSSEY INTERNATIONAL PTE LTD
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    • 216 6 IN THE MATTE* OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTE* Of SEMITRON SCIENCE A TECHNOLOGIES PTE LTD (IN COMPULSORY LIQUIDATION) COMPANIES WINDING UP NO. *****7 OF 2002 NOTICE IS HEREBY GIVEN thot the creditors of the obovenamed company, which is being wound up by on Order of
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    • 515 6 IN THE MATTER Of THE COMPANIES ACT, CHARTER 50 AND IN THE MATTER OF INQUISITIVE MIND PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN THAT pursuont to Section 290(2)(b) of the Componies Act, Cop 50 the follow,og SPECIAL RESOLUTION WAS DULY passed ot on Extroordinory Generol Meeting
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    • 631 6 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of HARPUI HOEGH LINES PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) At on nt'oof dmory Generol Meeting o( the Company held at 1 Stadium Walk. Level 2 Kallang Theatre Building, Singapore *****8 on 28 May 2002, Tuesday at
      631 words

  • Page 7 Advertisements
    • 164 7 SOLID RENTAL GUARANTEE TOP INVESTMENT PACKAGE INCREASE BP |f 10 Er Net p.a. MM& J MEANS FREE OF WtMifg' JCM gLfLyuM Body Corporate #f| RENEW ABLE Council Water Rates M I I LEASE Maintenance Cost KIOHp Jjjl \0 OPTION Letting Fees Management Fee 9 4Vi PRIME CBD LOCATION _j J-
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    • 71 7 I HE f-~ W w$ c W v w^H T \J < v I 11 1 imp ifllr UPSTREAM f '#1 HO A R' LOG E R E E y T GENEVE 18 74 VL —L*k. PI AG F T Boutiqut *01-11 Ngee Ann City B. 391 Orchard Road, Singapore
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  • SINGAPORE markets
    • Article, Illustration
      316 8 OTHER SINGAPORE INDICES May 30 VALUE CLOSE BTO&DS 505.00 +94.00 BTCAM -*****.00 +90.00 BT 10-4ay MA -*****.00 -51.00 W-SGCptti 445.86 +0.73 SG Ekct 148.76 +0.76 1504.36 -2.51 SCCfWki Prop 420.83 -4.80 MSCI Snppon 211.06 -0.11 SiMSCI Futures 211.70 +1.10 Stock* Volume KlWHWgslOc 16.819.000 WesTech 10c 16.561.000 TACBU0200 15.368.400 S*^T«H15c..„_-— 14.466.000
      316 words
    • 270 8  -  HOT STOCK/ WARRAMT By Ven Sreenivasan CEREBOS Pacific, the maker of the well-known Brand's Essence of Chicken, reported a 45 per cent decline in first-half earnings on Wednesday. The lower earnings of $16.7 million for the six months to end-March 2002,
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    • 775 8  -  I-iri comment STOCKS r. sivanithy BETWEEN last October and March this year, the "buy and hold" school of fund management probably gave the best returns since the local market enjoyed considerable gains amid euphoria that the recession may not last as long as had
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    • 598 8  -  FiTcomment CURRENCIES US unit could slide further; 12&50-yen mark and key US dollar index at around 111 are vital pointers larry wee THE US dollar took yet another bad beating yesterday, this time round against the euro, which hit a
      Source: Reuters  -  598 words
  • 3322 8 UNIT TRUSTS FUNDS CtiSelect Asia Tilt Ba4anced 1 28/ CitiSeJect Asia Tilt Growth 1.23/ CitiSelect Asia Tilt EnhGrth 1 ABN Amro Asset Mgt (S pore) ££5*! rOWth Star Europe Eqty'" 0 77/ CitiSelect Global Income 1 11/ a otto/ Citi Global Healthcare Fund 0 94/ Star EurooeBal o«v Citi Gib
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  • SINGAPORE news
    • 288 9  -  They should offer 'one-stop' packages to compete with big global players By Vince Chong NATIONAL Development Minister Mah Bow Tan yesterday urged local construction firms to come together and move into external markets with "one-stop" packages so as to better compete with
      288 words
    • 341 9  -  Top business players pass on valuable tips to students By, Adeline Chia THE life sciences may be the buzz words for now, but do not get swept away by them without first discovering what you are passionate about, according to
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    • 296 9  -  By David Boey THE decline in the Singapore Manufactured Products Price Index eased in April, falling 2.1 per cent from the same month last year to 86.1 points. This compares with the 2.5 per cent fall recorded in March, according to the Department of Statistics. Excluding
      Source: DOS  -  296 words
    • 467 9  -  By Andrea Tan HOME advantage? While the World Cup will not give a huge lift to host nations South Korea's and Japan's economy, the real estate market, particularly hotel operators, will be shouting Ole! at least in June, says international property consultancy
      FILE PHOTO  -  467 words
    • 301 9  -  Byi Quak Hiang Whai BANK of America (BoA), a relatively latecomer in the energy derivative trading business in Asia, has made tremendous progress in the last one year. Less than a year after it established its commodities trading unit, the Singaporebased team has dominated Asian
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    • 95 9 SINGAPORE is the premier location for international businesses, and it owes its success to its large hinterland, Asia Pacific, said US Ambassador to Singapore Franklin Lavin. Speaking at the official launch of Borland Software's regional headquarters here yesterday, he noted that Singapore supplied 6
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    • 494 9  -  Rollouts to follow in growth markets over next 18 months By Loh Hui Yin STANDARD Chartered Bank is gearing up to launch a new credit card here under the Manhattan brand later this year. This is despite a sharp rise in delinquency ratios and
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  • Page 9 Advertisements
    • 59 9 U Iz W Xtohh J.- 'V lltt Hampton M illeis www.baume-et-meixier.com 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) -TIME
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    • 6 9 Showdown begins, Exec Lifestyle cover story
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  • EDITORIAL & opinion
    • 905 10  - Happy days are not here again yet There are too many economic indicators which belie the notion that a solid, sustainable US recovery has started By Paul A Samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LATWP THE step-up in political uncertainty has tended
      LATWP; AP  -  905 words
    • 793 10  -  mr.i I bottom line OPINION leon hadar The writer is BT's Washington correspondent ITS deja vu all over again for the Bushies. Once again, an ally of Washington, let's call it 1(2), is threatening to take military action against another player, P(2)
      793 words
    • 89 10 The trick for us is to survive now, not to make money. Before we can see the light at the end of the tunnel, the Israelis need to give us the light back.' -TarekAggad a Palestinian investor, on the state of the Palestinian economy. Warning: Life is
      89 words
    • 337 10  -  Alison Cousland I REFER to the article "SGX looking at lack of liquidity for odd-sized lots" (BT, May 25) by Chua Hui Min. There is a misconception that needs to be corrected with regard to board lots. Neither the US nor Australian stock markets operates
      337 words
    • 176 10  -  HDB GAR PARKS Gabriel Ng Chung San London, UK via Internet I REFER to the article "HDB carpark operations are profitable" (BT, May 28) by Lee Han Shih. I have been quietly enjoying Mr Lee's columns now for quite
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    • 237 10  -  Goh Kia Nee I REFER to your property column, "HDB carpark operations are profitable" (BT, May 28) by Lee Han Shih. I live in Woodlands. I remember this HDB car park behind the Admiralty MRT station that was immediately "upgraded" shortly after it was
      237 words
    • 179 10  -  Nicholas Yap Soon Hua I REFER to the article "HDB carpark operations are profitable" (BT, May 28) by Lee Han Shih. There are several other interesting points on this issue: ♦Why are covered car parks (euphemism for multi-storey car parks that come with inconvenience) more
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  • Untitled
    • 292 11 KUALA LUMPUR Bloomberg MALAYSIA Airports Holdings Bhd, sole operator of the country's 37 airports, is in talks with Australian Airlines, Deutsche Lufthan sa AG and British Airways Pic for the airlines to resume flights to Kuala Lumpur. "We are talking very seriously with them,"
      Bloomberg; AFP  -  292 words
    • 201 11 KUALA LUMPUR Bloomberg HSBC Holdings pic said it plans to buy assets from other lenders in Malaysia, following its move to set up a data centre there with 2,000 employees. Constrained by laws limiting foreign banks' expansion, HSBC bought ABN Amro Holding
      Bloomberg  -  201 words
    • NOTE Book
      • 52 11 Bloomberg [KUALA LUMPUR] Malaysian Airline System, which on Wednesday posted its fifth straight year of losses, disappointed investors by not providing details about plans to separate its unprofitable domestic business. Its shares fell 2.4 per cent to close at RM4.08, the lowest in about seven
        Bloomberg  -  52 words
      • 57 11 AFP [KUALA LUMPUR] Malaysia International Shipping Corp expects prospects to improve in 2003 after its net profit fell 21 per cent in the financial year ending March this year. It said on Wednesday that its net profit for the year declined to RM1.339 billion
        AFP  -  57 words
      • 94 11 AFP [JAKARTA] Indonesia has no intention to drop demands for compensation for assets left behind after it ended its 24-year rule of East Timor, Foreign Minister Hassan Wirayuda said yesterday. "This has been on our agenda so far, will remain on our agenda
        AFP  -  94 words
    • 333 11 KUALA LUMPUR Tan Kim Hor voted off the boards of family's key firms Reuters THE co-founder of the Tan Chong car empire with interests across Asia has been ousted from the boards of the corporate dynasty's flagship Malaysian firms following a family feud,
      Reuters  -  333 words
    • 426 12 MANILA Arroyo says move will help liberalise airline industry, promote tourism Dow Jones Newswires PRESIDENT Gloria Macapa gal Arroyo said yesterday the government is considering retaking a controlling stake in flag carrier Philippine Airlines Inc. currently majority owned by tycoon Lucio Tan. Ms Arroyo
      Dow Jones Newswires; FILE PHOTO  -  426 words
    • 246 12 BANGKOK Carrier says it has folly recovered from travel slump Reuters Bloomberg NATIONAL carrier Thai Airways International pic said yesterday it expected a better second half, due to route expansion and a recovery in the airline industry from the post-September 11 downturn. "In the next
      Reuters; Bloomberg  -  246 words
    • 147 12 JAKARTA Bloomberg INDONESIA will decide on Monday whether to proceed with the sale of a 51 per cent stake in PT Bank Niaga, the nation's fourth-largest retail lender, a senior government official said. A meeting of the Financial Sector Policy Committee that was
      Bloomberg  -  147 words
    • 411 12  -  SINGAPORE System has made rapid strides bnt difficulties remain By Conrad Raj CHINA'S legal system still lags in investment practice despite rapid strides in the past 20 years. And as a result, investors still face many difficulties in seeking legal redress. "The legal
      411 words
    • ASIA Notes
      • 68 12 Reuters [TAIPEI] An earthquake measuring 5.9 on the Richter scale rocked parts of Taiwan yesterday, the central weather bureau said, though there were no immediate reports of damage. The quake was centred on the opposite side of the island from Hsinchu, the heart of Taiwan's
        Reuters  -  68 words
      • 72 12 AFP [HONG KONG] Hong Kong will resume the sale of subsidised home ownership scheme (HOS) flats in July, but the number of units to be released has not been decided, the government said yesterday. The government is to announce details of the resumption of
        AFP  -  72 words
      • 85 12 Reuters IHUN(j KUNtrJ Hong Kong will announce details of the third quarter sale of the government's Tracker Fund of blue chip shares on June 14, a spokeswoman for Exchange Fund Investment said yesterday. Tracker Fund units would be available from July 2, she
        Reuters  -  85 words
      • 70 12 Bloomberg [MANILA] The Philippine Stock Exchange said it has improved its trading-monitoring system to prevent a repeat of stock market manipulation like that of 1999, which drove investors away. The exchange added more regulators and set up automated alerts for abnormal trading volume and big price
        Bloomberg  -  70 words
      • 47 12 Reuters [MANILA] The Philippine government yesterday announced that GDP growth in 2001 was 3.2 per cent, down from the previously announced 3.4 per cent. It also said GNP growth in the year was 3.4 per cent, down from 3.7 per cent. Reuters
        Reuters  -  47 words
      • 58 12 AFP rtubirdiia ana xna liana yesieraay agreed to start work on establishing a free trade agreement. The two countries have been holding preliminary talks for the past year and the agreement was revealed by Prime Minister John Howard and his Thai counterpart Thaksin Shinawatra,
        AFP  -  58 words
    • 316 13 CAL CRASH Bat the foundation's chairman refuses to resign AFP [TAIPEI] At least four out of the 10 directors of China Airlines' biggest shareholder have resigned as calls mount for an overhaul of the Taiwanese state-controlled carrier following a deadly crash last weekend. Transport
      AFP  -  316 words
    • 144 13 AFP ITAIPEIJ Taiwanese insurance companies will pay some NT52.77 billion (Ssl4s million) in compensation to victims of the China Airlines (CAL) plane crash at the weekend, industry sources said yesterday. Twenty-two life insurance firms were estimated to pay NT$l.74 billion while 14 other
      AFP  -  144 words
    • 388 13 BEIJING Move signals regulators keen to kill manipulation Reuters SEVEN people accused of pulling off China's biggest stock rigging scandal will face trial next month, state media said yesterday, the latest sign that regulators are seeking to stamp out share manipulation. At
      Reuters  -  388 words
  • Page 11 Advertisements
    • 342 11 Call toll-free 1800 289 8822 MM Ix>cate its owner through Classification 821 (Found). Simply call CAT.S. at 1800 289-9988 for this free service. I Another Classified Service In itw MqHw of The Companies Ad, Cop. SO And In the MuWet of GO-tVCNTS.COM PTE ITO (In Voluntary liquidation) MEMBERS' VOLUNTARY WINDING-UP
      342 words
    • 1085 11 recniitSOsph com 'O 1 I Moscow Narodny Bank limited INCORPORATED IN THE CITY OF LONDON SINCE 1919 I Group Head Office. UK Office Registered Office 81 King William Street. London. EC4N 7BG. rpuf! f8 f ranCh 50 Robinson Road, MNB Building. Singapore *****2. I CB Mosnarbank Building 5, Ist Troitsky
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  • Page 12 Advertisements
    • 50 12 ii v\ I V q U g \a **< I J 1 /y-I W ds' vr/ a I iJKW a k '/1 i ■f fjc <9 M IIH V Af vfl corporations with those who count in the business world. Join us as an SIM member now and widen your
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  • Article, Illustration
    1287 13 TransactUm (kite: May 30 arTERBAMK CROSS KATES cs NO Ef o Ftr Dm HK$ ind H guptu Ye« Won Ml H2$ P* ft Ptsc $S tod SfrWTSBalrt Pomi US$ *ustr.lM 0.867 4.681 0.602 4.193 1.250 4.400 27.642 49.806 0.699 6.906 2.143 1185 33 933 28.149 1.010 5.512 0 883
    1,287 words
  • 1839 13 8IC0M Futures May 30 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month Low Sett (tonnes) Interest Jun 02 ***** Jul 02 135.50 Aug 02 135.50 Sep 02 136.50 RSS 3 (US cents/kg) Volume Oomi High Low Sett (tonnes) Intern? -»w 02 7&50 7675 7625 250 700
    1,839 words

  • Page 14 Advertisements
    • 2862 14 \__xotke± COMMERZB AN K 1.1 -31.12.2001 1.1 -31.12.2000 Assets 31.12.2001 31.12.2000 '0 !•?IT_ in Euro m in Euro m Interest received 22,571 18 811 Cash reserve 7,632 7,895 Interest paid 18,990 15,295 Claims on banks 63,392 74,654 Net interest income 3,581 3,516 Claims on customers 220,315 224,837 Provision for possible
      2,862 words
    • 23 14 vgk Locate its owner through Classification 821 (Found). Simply call CJLT.S. at 1800 289-9988 for this free service. Another Classified c at? Service
      23 words

  • WORLD news
    • 420 15 WASHINGTON Barclays Global plans to proceed with 7 fluids Bloomberg THE Securities and Exchange Commission voted to allow Barclays Global Fund Advisors to introduce the nation's first exchange-traded funds based on bond indexes. The SEC agreed unanimously to let Barclays, the second-largest US asset
      Bloomberg  -  420 words
    • WORLD Watch
      • 81 15 Bloomberg [TOKYO] Nintendo Co said second half profit rose 8 per cent to a record for a second year, boosted by gains from a weaker yen. Net income for the six months ended Mar 31 rose to 72.1 billion yen (Ssl billion), or 508.92 yen
        Bloomberg  -  81 words
      • 81 15 Reuters ILUnlhjn j aoutn Airican Breweries yesterday agreed to buy Miller Brewing in a US$5.6 billion deal to catapult the enlarged group to No 2 in world brewing behind Anheuser-Busch. London-based SAB is paying US$3.6 billion in shares to Miller's owners Philip Morris and paying
        Reuters  -  81 words
      • 54 15 Bloomberg [REDMOND, Washington] Microsoft Corp is in talks to settle the Securities and Exchange Commission's claims the company misrepresented its financial statements, the Wall Street Journal said. The SEC will probably bring civil charges against Microsoft for failing to keep accurate records, "considered
        Bloomberg  -  54 words
      • 50 15 AP [SYDNEY] Rodney Adler, a former director of Australia's HIH Insurance, which collapsed in March with massive debts, was yesterday banned from holding a director-level job at any other firm for 20 years after a court found he had diverted company funds for personal use.—AP
        AP  -  50 words
    • 344 15 NEW YORK Bnt JP Morgan revises gold price forecast upwards Bloomberg Reuters THE time to buy gold shares as a shelter from the stockmarket storm has passed, says Goldman. Sachs Co analyst Daniel McConvey. Mr McConvey yesterday said he sees little chance
      Bloomberg; Reuters  -  344 words
    • 310 17 NEW YORK Bloomberg VIVENDI Universal, the world's second biggest media company, scrapped plans to seek shareholder approval next month for an executive stock option package worth 1.8 billion euros (Ss3 billion). The company's board decided not to hold a second
      Bloomberg  -  310 words
    • 356 17 LONDON Barclays latest to annonnce plans to axe I,ooojobs to save £190 m by 2003 Reuters BRITAIN'S financial workers face thousands more job losses as companies continue to cut costs, the sector's main trade union said yesterday, after news of
      Reuters  -  356 words
    • 154 17 Bloomberg [BRUSSELS] The European Commission trimmed its growth forecast for this quarter for the second time in a month, saying the economic recovery won't accelerate until later in the year. The economy of the dozen nations sharing the euro will grow between 0.3 per
      Bloomberg  -  154 words
    • 427 28 NEW YORK Database will help to screen, weed out suspicions accounts LAT-WP LEADING financial services firms here have formed a private database company that will compile information about criminals, terrorists and other suspicious people, for use in screening new customers and weeding
      LAT-WP  -  427 words
    • 416 28 TOKYO Economy won't hit bottom till later this yean Hayami Reuters Bloomberg JAPAN'S economy won't reach bottom until later this year, and even then is unlikely to embark on a full-blown recovery, central bank governor Masaru Hayami said. "Even if the decline
      Reuters; Bloomberg; REUTERS  -  416 words
    • 400 28 NEW YORK Reuters MOODY'S Investors Service on Wednesday cut AT&T Corp's credit ratings to two notches above "junk" status, affecting about US$25 billion of debt, saying the largest long-distance telephone company will be challenged to boost revenue amid rising competition for its
      Reuters  -  400 words
    • 223 28 TOKYO AFP JAPAN'S leading chipmakers said yesterday they are boosting semiconductor production to meet reviving global demand and two, NEC Corp and Fujitsu Ltd, are back to operating at full capacity. "We are back to full capacity with all semiconduc-tor-related divisions," said a
      AFP  -  223 words
  • Page 15 Advertisements
    • 27 15 RTi^in Lianhe Zaobao V I "Greed is the I I reason for I I my success," I says chairman of Roly International Wang Lu Yen I g
      27 words
    • 81 15 Enjoy the game". IB H Wfjf 1 IKf Vxf J THEN WHAT WE J KNOW NOW... They're back and better than ever. New Big Bertha® Irons. With a wide, forgiving sole and low center of gravity, they slide effortlessly through turf, easily getting the ball airborne off any lie. Enormously
      81 words

  • 2473 16 7Yunsartion date: May 30 KUALA LUMPUR NedW 3 64 0 04 4 Vol 2 12 0 03 1 •M COOO) FW Industries 0 33 0 01 14 Gadang 1 37 unch 10 ASMRealty 1 18 -0 02 6 Gamuda 645 0 05 2252 Abric 1 76 0 02 43
    2,473 words
  • 758 16 Transaction (late: May 30 W Oam O—.1 *«■<*—» W O— amm— C«c 0 48 4J00 -0 080 NatStttf 50c 029 1540 .0010 CaprtaUnd 132 1*10 -0 030 OCBC 0200 Chart ScnvCond 26c 158 4120 *0020 Out 053 7 ISO *flo2i GtyDcvSOc 2 32 4250 -0050 Partway H 2V 033
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  • 614 16 BONDS WARRANTS Prwi f i|ri L t Vol Coav Liar Dm fttths r«>W»Mi» Nu f.Mrtu Left AST1W*****1 _J( 1 16 2 ISO 25 A<m*ltdW*****6 J 1 50 489 3 00 30 Amte*W0S0610 57 2 5 137 I 33 S 1 SI 37 Armstrong W*****0 4 1 10 27 2 75
    614 words
  • 5020 16 Transaction date: May 30 for rrwre, go to u^u\asiao7ienmarkets£om HONG KONG Hyunoc* no -0-20 1635 Vo1 Interchina Htdgs .0.93 -002 4970 W Int'l Bank of Asia .2.05 unch 1367 020 0.0, o ill 'SS 350 9 Jiangsu Express H 203 unch 9384 AnoanaNE¥?SteHH 119 "Juri 67*2 an 9
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  • Page 16 Advertisements

  • 6175 17 Transaction date: May 30 for live prices, log on to u*uw \asiaonema rkets.com L*t Vol 0»y LastQuott GfOtv Mv GrtW N«t MCan WlAv? *8* I—' Cowpwy Sat« rOOO) low 5«fcr S Cvr n $3 wg 9 6 ABNAmroNLG 56c 9 12 34 138 22.5 8.5 c AC£ Dynamics20c
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  • 66 17 Comoam **L GrYM MM MOe «nta| my LOO C0«y<7 Stk w- ooc mgi U»» >ny» S«fcr Cw m $3 S3 ***** 40 s Diamonds US9960cd S1S0 3830 i ISDJUSTech US4600cd S7S 440 s IS MSC1 Spore US57S 1HTO 9870 s ISS4P500 USlOHOtD ***** 9950 s SPDHS US *****a)
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  • 1675 17 HM)"l!» £2 r22L uJH* Grt Ote CrVto MM MCjb WtA»t My U» M« r—t Hi» Urn B»yr Sdhr Cw m fc3 m5 123 12 c ABR Hldgs Sc 17 unch 75 17 17 17 175 32.8 17 405 12 APOiISc 20cd 20 21 5 11.5 13 8 4
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  • 442 17 lart Vd Day Last Quote Grt*» Mr GrYtd Net MCap low Company LS* W- 000 Hifk Low (vyer Setter Cw W SmG 105 98 AVJenmngs 100A 102cd -1 25 103 101 102 103 38 1.7 9.3 7.5 2195 115 60 AV Jennings A25c A 103cd *1 330 103
    442 words

  • Page 18 Advertisements
    • 1703 18 ODBSBANK I THE DEVELOPMENT BANK OF SINGAPORE LTD I J I (Incorporated in the Republic of Singapore) I J I THE DEVELOPMENT BANK OF SINGAPORE LTD I I BALANCE SHEET AS AT DECEMBER 31 I I I In S$ 000 Note 2001 2000 In '000 II I ;> UW Note
      1,703 words

  • Page 19 Advertisements
    • 2883 19 I QDBSBANK I I 2.6.1 NON-TRADING TRANSACTIONS I Derivatives nioy be used fo hedge interest rate, exchange rate or price exposures that are inherent in the ASSETS BANjONG RISKS I I assets and liabilities of DBS Specific and general provisions are made against other assets and banking risks not covered
      2,883 words

  • Page 20 Advertisements
    • 2007 20 ODBSBANK I I PRESENTATION Other expenses include product and corporate image advertising, notification, security guard expenses and other I Unless otherwise stated, tne analyses or geographical segments are generally based on the location of the office recording general expenses I the transactions. I I Descriptions of geographical segments are set
      2,007 words

  • Page 21 Advertisements
    • 2077 21 ©DBSBANK I I I The movement of the unissued ordinary shares of DBSH of par value SS 1.00 each comprised in outstand.ng DBSH 15.3 GENERAL RESERVE I I ophons granted under the Option Plan were as follows: nT KC KVE I I a!-? 4," 9e^ r reserve re^ates to the
      2,077 words

  • Page 22 Advertisements
    • 2037 22 QDBSBANK I (a) J®? GD notes an embedded equity option were issued between December 15, 2000 to December 28, 24 LOANS TO, AND BILLS RECEIVABLE FROM NON-BANK CIKTOMFBS I I 2001 and mature between January 7, 2002 to May 15, 2006 The payouts at maturity are linked to the closing
      2,037 words

  • Page 23 Advertisements
    • 1810 23 I QDBSBANK I 28 OTHER ASSETS I In SS'OOO Country of Intorost Hold By Cost of Investment I I c Incorporation/ DBS Bonk Subsidiaries Hold by DBS Bank I I Accrued interest receivable" 782,269 1 191 448 om P° nifs Business Pnnapal Activities 2001 2000 2001 2000 2001 2000 I
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  • Page 24 Advertisements
    • 2765 24 I QDBSBANK I Country of Interest Held By Cost of Investment 29 4 2 VICKERS B ALIAS HOLWNGS UMITEC) I Incorporation/ DBS Bonk Subsidiaries Held by DBS Bank Un rebroory IJ, AWI, DBS Bank announced its intention to acquire Vickers Ballas Holdings Limited I Subsidiary Companies Business Principal Activities 2001
      2,765 words

  • Page 25 Advertisements
    • 2129 25 ODBSBANK I Country of btmst H«4d Bv amoonts outstanding at December 31 comprise the following: I I Incorporation/ OBS Group In SS'OOfl I I Associated Companies Business Principal Activities 2001 2000 7 2001 2000 I Acceptances on occount of customers 26 000 23 322 I I Held bv DBS Bank
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  • Page 26 Advertisements
    • 2702 26 I I QDBSBANK I 35 USE Of FINANCIAL INSTRUMENTS J Trading Non-Trading 35.1 STRATEGY IN USING FINANCIAL INSTRUMENTS I Y JL Yjt U w J DBS Bank's ochvities are principally related to the use of financial instruments including the use o' derivatives. The I I oTZTT- W€nd Bank accepts deposits
      2,702 words

  • Page 27 Advertisements
    • 2769 27 ODBSBANK I 35.2.3 MARKET RISK I I Financial instruments are also used la assist customers to manage risk. Market nsk arises from changes in 38 NON-PERFORMING LOANS AND PROVISIONS I I r T S and et,Ul l pnC t S wdl Vin tKe,r Non-performing loans ("NPLs*) are loans, contingent facilities
      2,769 words

  • Page 28 Advertisements
    • 182 28 Congratulations to Mr. Daniel Teo on his installation as WORLD PRESIDENT OF FIABCI (2002/2003) FIABCI THE INTERNATIONAL REAL ESTATE FEDERATION FIABCI is the worldwide Americas, Asia-Pacific and Europe-Africa. As a non-governmental organization with Category II network open to all professionals in the property industry. With chapters currently operating in consultative
      182 words
    • 116 28 I July Intakes I I One year Foundation course for GCE 'O' level I I students. I I 7 months Fast Track course for GCE 'A' level I I students. I Graduates were offered places at the prestigious I M University of Melbourne, including Medicine, Law, Commerce, Dentistry, Physiotherapy, I
      116 words


  • COVER STORY
    • 688 30  -  I»'aa the cuff There's no escape from the World Cap to help non-fans get through the month, here are some crucial pointers about the game jaime ee THERE are probably several things you don't want to be this World Cup season a dog with especially
      688 words
    • 558 30  -  Reports by Vince Chong, Quak Hiang Whai FOR expatriates living in Singapore, you either create a suitable World Cup ambience or find a watering hole with giant screens pandering to your national team. But one would think that at least one nationality would find it
      AP  -  558 words
    • 201 30 THE next time you see your co-worker staring hard at his computer screen, he could well be just computing his odds for the next World Cup match. With the advent of the Internet, soccer fever has quickly spread to cyberspace with traffic in sport sites hitting
      201 words
    • 248 30 JUST about every pub and disco in town will be throwing football parties and offering promotions linked to what Pele once called the most beautifid game in the world. Most of them boast giant screens and extra TV sets to screen live matches and offer games and quizzes
      248 words
    • 279 30 RESEARCHERS have become increasingly obsessed with studying the link between the performance of the soccer nations and their cultural, economic, demographic and even climatic factors. Our reporters, for instance, are receiving more such research studies which are perhaps attempting to help poor performing nations like Singapore achieve
      279 words
    • 171 30 FOR whatever reasons, some of the F&B outlets have aligned themselves with different competing teams. Mandarin Singapore for instance is preparing newly created sandwiches which are named after competing countries. For live matches involving France, guests will be entitled to a Delifrance baguette voucher with every purchase of
      171 words
    • 318 30 JUST as in previous World Cups, productivity in the corporate world will take a tumble. Most Singapore corpo rates refuse to tell us how much their work rate will be affected but according to one study overseas, an estimated onethird of male employees are planning
      318 words
    • 421 30 What World Cup??' 'Ofcourse Tm a fan!! Big time actually. I won't pass up a chance to ogle—so many men, so little time!!!' YvmmmUm.abmtk aim f fir 'Now that I'm into fitness, I'm very appreciative of big muscular bodies, on both men and women.
      421 words

  • WORLD CUP
    • 1104 31  -  The soccer frenzy is a golden chance for adidas, an official 2002 Fifa World Cup sponsor, to boost its sales in Asia, reports amiateo ANNA TEO Back when there wasn't a specialty shoe for every activity or type of athlete —such as left-footed high jumpers
      CHRIS LOH  -  1,104 words
    • 345 31  -  By Grace Tan THINKING of going to South Korea or Japan but worried that you may have to postpone your travel plans because of the World Cup? Well, hold on. Local travel agents lament that would-be tourists interested in leisure tours are changing their
      345 words
    • 521 31 AFP [PARIS] Football fans with frail hearts and couch potatoes with chronic obesity may be advised to avoid the TV screen for the next month. Top-level football can be a lifeshortening experience not necessarily for the players, but the people who watch
      AFP; REUTERS  -  521 words
    • 529 31 Reuters [YOKOHAMA, Japan] The World Cup may still be a few hours away, but the ball has already come in for a good kicking. Depending on which player you ask, the 'Fevernova' ball that sports equipment maker adidas says provides the ultimate soccer experience
      Reuters  -  529 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 286 31 CRYPTIC CROSSWORD ACROSS 7 Envoy Lulu endlessly be--1 Scotsman worn out? (10) coming unattractive (8) 6 Stream from the bay? (4) Confront and force conces--9 Principal cleric accepts s,on w^ien cards cannot company of another senior 8660 4 cleric (10) 11 Experimental infant? (4-4,4) 10 Bill trapped the Parisian 14
      286 words

  • THE ARTS
    • Article, Illustration
      859 32  -  i;nr;AH ui-BOOM finds out what's different about the reworked musical version from Down Under CHEAH UI-HOON Remember the groundbreaking 1980 movie about a bunch of performing arts students who go to school in New York complete with big hair, bright makeup and colourful leotards? Take a walk down
      859 words
    • 486 32  -  Violinist Hilary Halm's accomplished rendition of Brahms captivates By Mona Lim The writer is a freelance contributor IT was a night of the three B's Bach, Beethoven and Brahms all in that order. The audience for the SSO Gala Concert at the Victoria Concert Hall last
      486 words
  • Page 32 Advertisements
    • 282 32 imm* i 10m Anniversary Promotion FREE SUCKLING PIG j WORTH $120 Terms A Contoons. •VaU upon spending ct t296and about on food items and set rtmk Atof appkcable mtfi other promotional offers, itscounts and pmieges Limited fo one redemption per table per W VMrfM 31 July 2002 Reservation s required
      282 words
    • 113 32 An Exclusive Dininq Experience Distinguished by implacable service, luxurious surroundings and a superb selection of regional Chinese cuisine, Chungking Chinese Private Dining offers you a brand new dining experience. Fh» CNTN Mt lunch at en»y $33— including tea for the month of June. CHUNGKING CHINESE PRIVATE DINING Level 2 Amara
      113 words
    • 152 32 Each Sunday our traditional roast carvery will complement popular BBQ varieties at the St. Gregory s Brasserie 8. Courtyard. With the choice of Indoor or alfresco dining at our garden courtyard and stroller band performing, the experience Is made enjoyable with discounted free flow of wine and beer. Enjoy your
      152 words
    • 109 32 p: fTI Function Room available for your I Seminar I Company Dinner Dance I -Birthday I j I •Anniversary Dinner Dance I I Baby's Full Moon I Ballet and Coffee Break available; I VCD, Karaoke, full sound system I Maximum 100 pax I Minimum Seminar -15 pax I For enquiries,
      109 words
    • 33 32 nm-Mmmi jbsbms^M^^ MSarjne K j 'SStJS' C "iTT" 1 BSMMAKT 3MF JL laf Mandarin QQ Singapore j_W I 3S-. M «TS MtllTV? 33? Orchard Road. Singapore *****7. Tel: 6737 4411 Fax: 6732 2361
      33 words

  • HEALTH
    • 442 33  -  Cerebos has extracted the sesame seed's essence for use in health supplement pills, reports chbah ux-hoom CHEAH UI-HOON THE humble sesame seed an essential part of the Asian diet for ages can now be an important part in the modern diet today. Thanks to
      CHRIS LOH  -  442 words
  • Page 33 Advertisements
    • 289 33 B»50% o I -v I ti* Ci n Kea fab le I Sale. I The range. The quality. The value. Everything at the Orientalist is totally beyond compare, especially our prices. And now, our carpets are going most affordably, at 50°/o off storewide. Making this the sale you can't afford
      289 words

  • CINEMA
    • 576 34  -  Slick camerawork and expert pacing make 'Panic Room' highly watchable Byi Geoffrey Eu PANIC Room takes place over the course of one dark and stormy night in New York City, but thankfully the cinematic cliches don't extend too much beyond a constant pouring rain
      576 words
    • 737 34  -  The Spielberg classic may be 20 years old bnt it remains a triumph of cinematic story-telling By Parwathi Nayar INT AGE books yellowed with age, the smell of coffee on rainy mornings, wide-eyed beast ies who visit from far-away planets and get lost: some
      737 words
    • 564 34  -  DVD REVIEW By. Adeline Chia MEN In Black is one probably one blockbuster that you don't mind saying you liked, and for good reason too. It is fun of the highest order hypercool gizmos, a credible storyline and a hit soundtrack all the while
      564 words
  • Page 34 Advertisements
    • 193 34 -ft's Ll ft y Wfe HERE. FIFA World Cup 2002 Kow \Y\gger (ban ever on our sft" Pioneer Plasma TV >civc/>. JPu..y m mi r /he fc\cr i s here iiinl n s eonnwioits! f-'rom A'fdX 31 to Ju/IC 30. Hotel Phoeni x brings i>n Wi >i It I up
      193 words

  • ARTS FESTIVAL 2002
    • 978 35  -  Composer-conductor Tan Dun explains to cheah ui-hoom his affinity with water CHEAH UI-HOON T'soneofthe first sounds we hear as babies in our mothers' wombs," explains composerconductor Tan Dun. "Water reminds us of where we're from and where we're heading to." The manifold sounds of water being sloshed
      ARTHUR LEE  -  978 words
    • THE PROGRAMME
      • 211 35 man* ofi potco Hie Asian premiere of a play involving three glamour girls who fall in love with a racing car possessed of human consciousness, written by Richard Foreman and performed by American avant-garde theatre company Ontological-Hysterk Theatre. Jun 6-9,Bpm, University Cultural Centre Theatre. Tickets at $42. $32 and
        211 words
      • 121 35 A two-part ballet based on the works of Johann Sebastian Bach, choreographed by Nacbo Duato. Jun 54, apm, Kallang Theatre. Tickets at $82. $62, $42, $32 and $22. An amalgam of classical dance, contemporary, dance, yoga, gymnastics and break-dance Swan lake beyond its classical interpretation aTV presents it in
        121 words
      • 277 35 T— Pi wUh tte Mwgnior* Sypfcpwy Orchestra With the Singapore Symphony Orchestra, Chinese composer Tan Dun combines traditional instruments with the not-so-traditional in a performance of Concerto for Water Percussion and Orchestra, followed by The Gate Today and tomorrow, Bpm, University Cultural Centre Ball Tickets at $82, $62, $42
        277 words
      • 43 35 Adage Dasca OtpH Opening the Late Nite Series is the Adage Dance Circle's contemporary take on Chinese dance, used to create a work that explores the various interpretations of the Chinese phonetic jing. Jim 1-2,9:90pm. Drama Centre. Tickets at $15.
        43 words
      • 55 35  -  CompHodhyj Aaron Low MatayTateot NigM— Geatarasa Singapore's People's Association brinys together various Malay performing groups from the community clube in a concert featuring a selection of performance styles. Tomorrow, Bpm, Kallang Theatre. Tickets at $20, $15 and $10. All Singapore Arts Festival tickets available from Static. Phone Booking: Online
        55 words
    • 948 35  -  PARVATHINAYAR picks the must-sees at the festival PARVATHI NAYAR THAT'S the question dedicated festival-go-ers ask, as they juggle credit cards, the Singapore Arts Festival (SAF) 2002 programme book and telephones. All the while peering at incomprehensible notes they've jotted on the side: "Chekov in China, /to /to,
      948 words
  • Page 35 Advertisements

  • EPICURE
    • 746 36  -  jaime be visits the downtown eatery with high expectations and finds her patience tested JAIME EE Bring a book, infinite patience and some good humour should you decide to have lunch at Jeremy's —the downtown eatery of suburban restaurateur Jeremy Choo (Vis a Vis and
      CHRIS LOH  -  746 words
    • 194 36 CRAVINGS SEASONAL rice dumplings take on a different hue this year at Hua Ting restaurant in Orchard Hotel instead of the usual white glutinous rice, its chef has come up with a high fibre alternative using black glutinous rice. Called "black beauties" ($5 per piece), the
      194 words
    • 125 36  -  By Jaime Ee PORK floss is the fail-safe topping for instant noodles or porridge for students and those who think home cooked food is for wimps. But if you're a self-confessed floss aficionado, Fragrance Foodstuffs has taken the humble snack up a notch by spicing it
      125 words
  • Page 36 Advertisements
    • 49 36 i op exquisite dim sum, I authentic and progressive I chinese cuisine, I opchestpated bq awapd-winninq I Executive I Daniel Koli I 391 Orchard Pood I #07-01 Podiumßlocl I nn Cilij I Sinqopor* *****2 I 6733 9833 I Emai: impamjmOkjnqloLcom bJM IK> IOL Another Tung Lot Restaurant of Distinction
      49 words
    • 148 36 Minutes to city. PRICED TO SELL from $488 f OOO 0r5369 psf (3-beclroom) omvjrds Cjosy, Cjonuen/en/ ancJ Cjent/^a/ New Launch from 31 May 2002 6 Kim Keat Road IOW Balestiei RoM Sales Office Open No restriction on foreign ownership ontm is® A life in style begins with your cosy home.
      148 words

  • SHIPPING TIMES
    • 267 37 Reuters THE Baltic Dry Index rose four points to 1,044, the Baltic Panamax Index fell eight points to 1,067, the Baltic Handymax Index dropped eight points to 7,778 and the Bkltic Capesize Index was up 20 points at 1,199. IDIE4BAVIEB: Lowlands Trassey (built 1995) 163,554 dwt delivery Labuan
      Reuters  -  267 words
    • 245 37 w CWT Distribution—0.80 0.03 0 Chow Hup 0.43 indi OA Cosco Invastmant .—0.22 0.01 95 FraMUt Unks 0.06 -0.01 110 OB Holdings 0.78 -0.02 1 JayaHoMngs 0.23 001 1052 KappaiCorp 424 9.14 70S Kappal Marina 0.18 -a 01 1255 KappMTM 0.99 -0.01 59 Laproy Marin* O30 0.01 35
      245 words
    • 575 37  -  MPA assures sector can more than meet bunker demand, following price and delivery concerns By] Beth Jinks [SINGAPORE] The growing number of corruptionlinked bunker supplier suspensions poses no threat to Singapore's ship fuel supply chain, according to the Maritime and Port Authority
      575 words
    • 119 37 [ARABIAN GULF] Royal Navy frigate HMS Portland stopping MVDevo, an Iraqi ship trying to smuggle contraband diesel oil out of the country on Wednesday. Royal Marines boarded the vessel in the northern Arabian Gulf and took control after meeting no resistance. The vessel was found to have
      AFP  -  119 words
    • 350 37  -  By Donald Urquhart [SINGAPORE] Piracy, terrorism and container shipping overcapacity were some of the key issues discussed by delegates to the 11th Asian Shipowners' Forum (ASF) in Taipei, who earlier this week called on Asian shipping executives not to make "short-sighted" capacity decisions. The
      350 words
    • 221 37 Reuters (CHITTAGONG, Bangladesh] Operations at Bangladesh's main Chittagong port remained suspended as nearly 30,000 dock labourers and staff were on an indefinite strike, port officials said. The workers and staff walked out on Wednesday in protest against a move by the Chittagong Port Authority (CPA)
      Reuters  -  221 words
    • 261 37  -  By Beth Jinks [SINGAPORE] The head of the latest bunker supply company to be suspended by the Maritime and Port Authority of Singapore (MPA) has vowed to appeal against the decision. "Definitely we have to appeal we have to clear our names," Coastal Bunkering Services
      261 words
    • 553 37  -  Over 50 rounds fired; piracy centre calls for closer probe By Beth Jinks [SINGAPORE] Suspected pirates fired at two dredgers working on the Tuas project in the Singapore Straits, prompting a heightened warning for the area from the International Piracy Reporting Centre.
      553 words
    • SINGAPORE news
    • 178 38 PAOC 6LM 10 Avant 10 <***»« B'tang Mas 5 BSA 6 Hamfcurg-Sud S BSC K) "<** BTl 10 Mewtg-A 3 CM* CGM 3 Hubtme 10 COSCO 3 MUAl W Central Li 4 4 Chahaya 10 Con CtmSlipg S lmkw Confer 10 Indogulf 9 Cougar 5 Wer«« 10
      178 words
    • 13930 42 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Admtisw VmmI Voyag« Tttophon* ETA ETA Advtrtrwi Vtssd Voyaga Telephone SIN D«tn Nam* Nam* Numoer Number SIN OjKt'nNam« Nam* Number Numtm 08/06 30/06 NYK OOCL LOS ANGELES 14W22 65******23 lb ABIDJAN (ABJ) 2003 Cot* 0*1 voir* oo/o* <*/or uasc abu dhabi enm ts-tanm
      13,930 words
    • SHIPS IN PORT
      • 420 47 voywc Btftt hnM p^rt ITSSn J0WM0 WOW ■I DA** 11 DS02 JOT 30/05/900 30AB/* sr.? si *05« J02 30/05/1*55 MI>5/171 IOA S J03 JMMt IIKMA1.3 -AT 30 JOT 2wit» SSS 2r» M M I 3SS SS02?1 J02 30/05/&05 >0/05/22 «T WML* ra 3NH/IMS 3C/OV23 L ***** J" 30/05/17.30
        420 words
      • 918 47 or gyoMT ra. con amp* Am in mm<> 2* CWWr NUN AO tOMMM «M MM yaoc MM* Ml s 5 35 588 h» i «S» wc W* MM wm CM -j MM 85 MM ss r a .nssi s s aSS sss a- B Mi MM M W*m
        918 words
      • 165 47 Mayll Brunei: Anniversary of Roya Brunei Jul Malaysia: Birthday of HM th< Yang di-Pertuan Ago rig Jaa 3 New Zealand: Queen's Birthday Jul South Korea: Memorial Day Mi 10 Australia: Queen's Birthday (ex cept Western Australia) taQ Philippines: Independence Day Jaa IB Hong Kong: Tuen Ng Festival Ju22
        165 words
      • 711 47 ™port compiled by Cockett Mi line Oil Ltd. shows price range* in US dollar* instead of *ingis price* for a more comprehensive description of the market Prices shown are baaed on averagesiaed stem. Market movement* are indi cated- Tbe Cockett Bunker Price lndei change and the
        711 words
      • 292 47 ■»ya M, Mar Mil J"*" 52 0.04 r ■•■**£25 0 0 0 0 0 «Mi 300 Aw mi 02 M.7 OjM 29 042 gg »mi %m w JS 2°^cas "i s «Jx SWttaK 1Mb S«K E25 Ml 10 &0 0.0 M 0.10 UUMI «OAw wi r;
        292 words
    • AIR & LAND transport
      • 712 48 It wants to make gains in NZ market bnt there are competition worries Bloomberg [AUCKLAND] Qantas Airways, which controls 85 per cent of Australia's aviation market, said it is in talks with Air New Zealand to buy a minority stake
        Bloomberg; FILE PHOTO  -  712 words
      • 460 48 AFP <fABU DHABI] Qatar has pulled ois of Gulf Air, while the three remaining partners Bahrain, Oman and Abu Dhabi will im- mediately inject around US$BO million into the cash-strapped company, the airline's chairman announced on Wednesday. "Qatar has withdrawn from Gulf Air
        AFP  -  460 words
      • 331 48 Bloomberg [MUMßAl] Air India Ltd said it plans to lease as many as five aircraft to increase services to Europe and meet rising demand from the Middle East and South-east Asia. The state-owned airline plans to lease as many
        Bloomberg  -  331 words
      • LOG Book
        • 64 48 Bloomberg (TOKYO] Tokyo's main international airport at Narita said passenger numbers roae 3 per cent in April, as demand for travel recovers following the Sept 11 attacks. The total number of passengers at Narita rose to 2.18 million passengers compared with a drop of 3
          Bloomberg  -  64 words
        • 60 48 Reuters IwEixiNUTONj Wellington International Airport. 66 per cent-owned by New Zealand utilities investor Inftatil, unveiled plans recently to develop a NZ$3O million (5525.7 million) bulk shopping complex. Airport Retail Park, scheduled to open in 2004, will comprise approximately 27,000 square metres of retail space on
          Reuters  -  60 words
        • 97 48 Reuters ir uki j iranwurt airport operator Fraport posted a 10 per cent rise in first-quarter core earnings on Tuesday, beating market forecasts, and reiterated it expected a jump in 2002 sales and flat earnings. Fraport said first-quarter earnings before interest, tax, depreciation and amortisation
          Reuters  -  97 words
        • 72 48 Bloomberg (HONG KONG] Hong Kong Dragon Airlines, the smaller of the city's two carriers, said it handled more passengers and cargo in April, helped by increased capacity and higher demand. Dragonair's passenger volume rose 13.7 per cent to 296,797 passengers in April from 261,041 in
          Bloomberg  -  72 words
      • 218 48 Bloomberg [TOKYO] Skymark Airlines expects to increase its runway slots at Tokyo's Haneda Airport by three to 12 and may expand its fleet as the government reshuffles slots to prepare for Japan Airlines Co's merger with a smaller rival. Japan's first low-cost airline
        Bloomberg  -  218 words
      • 332 48 Reflects US economic pick-up and a retain to air shipment: analyst Bloomberg [WASHINGTON] Air freight and express shipments in the US by carriers including United Parcel Service and FedEx Corp rose 15 per cent in April, in what
        Bloomberg; FILE PHOTO  -  332 words
      • 1761 48 an fucmt n* man no MMl UHT70 2230 Fmkfvt LH9762 0435 6A972 0005 SQ229 2230 LH9767 005 IH9765 1230 »■<«<■ MO QMS RUM 222S .J® 25 *52 ,1* 6A975 1025 S036 2345 S25 2250 *1*37 m S032S VM5 0F5 2250 unnu 0*45 W77I 855 mm 2305
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  • Page 37 Advertisements
    • 36 37 1 Qantas in talks to buy minority stake in Air NZ B.tck f'.iw 1 Qatar pulls out of troubled Gulf Air li.u h f\irr US appeals court denies seaman status to dredge dump foreman fWx 2
      36 words
    • 96 37 Asia-West Africa Carriers announce a Rate Restoration Programme In light of developments in the trading environment during the past 12 months and to counter higher operating costs due to increases in fuel cost, port delays in West African ports, and in charter costs, the shipping lines signed below have decided
      96 words

  • Page 38 Advertisements
    • 599 38 ,I— TO USAJCAHADA I SXPORT I I OTHER DttTtNATtONB ~l I *J"^^^l^l" Mnal l' MMi l 0 ato l MW -I°gJl II wwi hum sim 71/05 1 74/KSI 14/04 11/04 14/04 I 14/04 14/04 77/04 Wctn I —ti. I OOQMBKA 41E73 04/04 I 05/04 I 71/04 KM 74/04 IMM 74/04
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    • 81 38 WORLDGATE EXPRESS LINES PTE LTD 7jf\ 100, Cecil Street, Bangkok Bank Bulking, S*poc* *****6 Tet: *****911 Fax: *****073******63 Email: wgatoOmbox2.singnoLcom.sg WEBSITE: httpy/www. wortdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS IOWWHttu m IMEBT 1 jBBWW W~ MMEfls* -Mm— aw»» m ma i «i/» ai. I WA Bfl* SISL
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    • 505 39 WL-KU HKG UK «W KB USD V INC KMTC HONGKONG W7N l/l 7/4 lfl/t IV* IV* 19/ i KMTUMXU TOTS 31/5 1/k 11/4 IZ/4 IV* iMiciffljMG aw ivi ivi i4/t u/t ?i/i ?yi lavioip ma 1/4 5/4 y/4 mrciRSM 1 70IH IVI 70/11 ?vi M/t a/i z/TllmTtraM 207s vi |iz/4
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    • 538 40 WEBQX EXPRESS SAMJMG SCHHHJLE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POMTS SWUI F PAM COIOMO X SMVA| CMQMO wssawon vot tu/m m/n» tiA/ro nyn» anwi> mm\ uma nmi tm sm ■QttHu.au m ]M sm tm nm ism wnutm urn hm hm itjw hm hm nsmsrc soiiw \im hi
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    • 972 41 IRISL, Qih® tfk&Q I fa Qftm Qffi&site exsGOfpOa QfhtftdWgft) M/ ©0 Iktsftiig) {fa? ft§> Saalkmsl ip&faiite Sod /too® <si& WM] 03 Q® @o(U5* Sua 0&© {h&QmO Qvamlto AGENT M SMGAPORE AGENT M MALAYSIA AGENT M MDONESIA SMOSE MARfTNE PTE UD CR NO; **********0H BOUSTEAD SMPffNG AGENCIES SON. BHD. PT. SMOSE
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    • 130 42 ALINE |Vd \Vmy Um |P— [■■Ij—l#—l tmm |Hfr| Jrmk n il|K—»»|Hii 3 003E 03/06 12/06 19/06 20/06 Grond Vision 003E 03/06 12/06 22/06 25/06 Vto*w***\SMT 95^F r "WS6 06/07 15/07 16/07 ***** ~*****~ 25/07 Washington Senator 952E" 10/06 26/06 03/07 04/07 Senator I »#H 10/661 10/07 I H/6?l ~W Jooon
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    • 48 45 KALIMANTAN 1 PIKICT WIIKLY SKKVICI TO I 9* jn I r lias EmuT" I i»ni vtm~ -fyu~ ntw~ ***** 1 SUKABAYA/PAIUAN6 iSSu a, |j, 1,81 |,Bt I I PtIAWAMG/PEKAN BAKU 1a- I»%i i"ar r,?fM I mil UMUWI/KIUK I 1s- I,x 1 m Th ,v nr rear 1 ,-Jj
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    • 676 46 HB9SUH rami MM mi MHOGE Mil 04-05/04 1113/0* lIH/04 I nea sham «3n ozoo/ot 14-14/ M 71 73/04 I neaisuMO m* 1112/0* iiw/oa kjl/% I ncaruil MSN 14-15/ M 2173/04 2*29/04 I _J*gjgog inyo* 2177/04 0703/07 B VOT SW CM^^SW^l Ifflwa Si Sflffiß MW% inr/ot I ma sun mm 0702/04
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    • 747 46 IVKSaWAMI VOT SMGAPORI PORT BUNG OfTUGONG MM iu m ire ru no iu ire OCPWTT 04WQ43 SAI 01/04 02/04 02/04 04/04 10/04 MWHSMWG 00W033 WP 05/04 04/04 04/04 09/04 14/04 oc m 01W121 wa 05/04 04/04 04/04 11/04 i570T~ COWSISIPia 15W103 FRI 07/04 00/04 00/04 13/04 17/04 IOCURt 09W020 SAJ
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    • 51 46 CONFER (S.EJL) ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAQONG VESSEL SIN CTG EMERALD 1-3RO JUNE 5-10 JUNE mECT FCULCUCOWVCNTKMUI. SCHVICCS TO»Hdan S*>Ca+wn Mmtm Cttam Banf, Kraft Cofcnfco TuloohOoUrn Moa, r FCUVCL ImHm To; 3*** Msboume taawesi Mod Jectth Goa Tauro Lamaca Genoa BwiWi Valencia
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  • Page 47 Miscellaneous
    • 128 47 Ljsl z7 jflflPsP JjBRRnHQHHMn H Wi T^PiMjraga jjIMMMMw ia 2 7 t taawT^i^Es J^ GEND: Is Thunderstorm A Showers A cSCoy Day C 0"*« <*■«*<» sp~<l in kno« Cs<J Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I I Slight.
      128 words