The Business Times, 3 July 2002
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2002-07-03
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The Business Times
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Title Section14 2002-07-03 1 THE BUSINESS TIMES MnA(P)oia«B«oo2 I Interne*. http://business-times asial.com.sg SINGA PORE WEDNESDAY. JULY 3, 200214 words
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Article62 2002-07-03 1 □an IJSL73 (+2J7) nsrjnexFumß kf UN) (-2.10) PI ansa nmnEs UlMJI(+0.80) STtXXMAIXETIXDKES Tuesday Change n«cw—?tt*—♦»?i NIKKEI 225 _Nt«tS >2188 HANG SENG—18,49 L7i -***** SET INDEX 390.78 JAKARTA COMP .***** -149 MANILA COMP J.19H11 TAIPHWPI i99».e8 +*7i SEOUL COMP __.7«ja Oil SHENZHEN B UjWSlZZSB 1169J9 -*60 BOMBAY D® —1286.0462 words
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Article62 2002-07-03 1 FOUXIIIBB m st on^sipvcsf) 1.771 £{US$/S5 per L524 1697 EUBO(lS$/SS/E) 0.983 L7« DM Utt UM YEN 128.4 «8M KM- UN tt« ESS t 7.800 4496 BAHT 4L6S U4« MJPIAH &MO 4J7V PRIME RATES SINGAPORE* iH KUALA LUMPUR 6.4# HONG KONG <J2S JAKARTA ,19.90 TAIPEI 6.626 TOKO 1175 SEOUL 9*662 words
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692 2002-07-03 1 Eddie Toh - KL takes water, new bridge talks oat of package of unresolved issues From Eddie Toh in Kuala Lumpur IN an unexpected development, Malaysia has decided that it has the right to review the price of raw water sold to Singapore under the two692 words
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Article86 2002-07-03 1 Bloomberg Reuters [NEW YORK] US Stocks spun lower in mid-morning trading yesterday on the growing accounting scandals and gloomy prospects for corporate earnings. By 12 noon EST yesterday, the Dow Jones was down ***** points or 1.24 per cent to 8,996.40. The SAPBloomberg; Reuters - 86 words
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Article, Illustration961 2002-07-03 1 Quak Hiang Whai - It's first local bank to cat rates to below 3% for first three years Byi Quak Hiang Whai [SINGAPORE] United Overseas Bank has finally caved in to the housing loan price war but instead of playing catch-up, it has trounced its rivals by961 words
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452 2002-07-03 1 David Boey - By] David Boey [SINGAPORE] After a highprofile divorce and court battle for control of Raffles Town Club, former top remisier Peter Lim is back in the news again, although there is nothing sensational in his latest move. Once dubbed the "Remisier King",452 words
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626 2002-07-03 1 Loh Hui Yin - COMMENTARY By Loh Hui Yin [SINGAPORE] WHICH of Temasek Holdings' 40 major companies have the potential to "push ahead" and be Singapore's flag-bearers overseas? Which should be rationalised and which should be "culled"? And how long will Temasek take to implement these moves? The626 words
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Advertisement62 2002-07-03 1 DISZDE r**' ST Comment W* A v- Loss of the The Bui) Market Mentality'. Pg 4 X* vWv-,V *?> Hock Look Slow My Can confidence in online banking be I restored? Pg 4 Top stories Singapore employI ers cautiously Wring. Mmxt Pmgm Probe deepens, analysts see World Com going bust62 words
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ON THE grapevine
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Article62 2002-07-03 2 ACMA on Monday filed a notice with the Singapore Exchange about substantial shareholders' interests. It said its chairman Quek Sim Pin had made zero change to his holdings. That is, absolutely nothing happened. According to vocal investor Denis Distant, this is not the first time Acma has62 words
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Article61 2002-07-03 2 AFTER the wave of number-fUdging in American companies, the following list of new financial acronyms for corporate America is making its way around the Net: EBlTDA—Earnings Before Interest, Tax, Depreciation and Auditors EBlT—Earnings Before Irregularities and Tampering. CEO Chief Embezzlement Officer CFO—Corporate Fraud Officer NAV Normal61 words
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Article52 2002-07-03 2 HERE are the results of a recent BT Online poll on Singapore's resort island: It's time for Sentosa to be revamped Yes, it's no longer an attraction anymore— 71 No, I like it as it is— 6% I don t care as long as charges are52 words
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628 2002-07-03 2 Chuang Peck Ming - Finns reviewing talent pool and trying to attract people who can add valne: consultant By < Chuang Peck Ming (SINGAPORE] Employers are cautiously optimistic, a survey by Mercer Human Resource Consulting has found. They will hire staff, lay off fewer workers and award average pay rises628 words
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474 2002-07-03 2 Serena Ng - BAFFLES TOWB CLUB SUIT It argues that members are subject to these roles and bye-laws Reports by Serena Ng [SINGAPORE] Raffles Town Club can take in any number of members that its proprietor shall decide, with no limitation,474 words
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Article, Illustration389 2002-07-03 2 [SINGAPORE] Following the revelation that the once cash-rich Raffles Town Club currently has just $13.5 million left in the kitty, the club's lawyers yesterday attacked the intention of one of the plaintiff's key witnesses, suggesting there might be a hidden motive behind the class action389 words
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Article56 2002-07-03 2 IN a commentary yesterday, headlined "To be self-serving or not to be?", we said that Capita Land chief executive Liew Mun Leong and his daughter bought a unit each in the company's Levels project. This was based on earlier newspaper reports. CapitaLand has clarified that, in fhct, father and56 words
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Advertisement507 2002-07-03 2 KPMGSeminarSeries Goods Services Ta>^Uyil(3liuU'L l nUj 9.00 am to 5.00pm, Orchard Hotel Singapore |K\F\A/ 1 What 1 r"i^ Q inrrease In our efforts to provide proactive, practical and seamless Tax Practice of KPMG Tax Services will continue to conduct our series oftwo-day GST workshops. These two-day workshops provide in-depth understanding507 words
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WORLDCOM debacle
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Article, Illustration695 2002-07-03 3 IthsUUSsLsb programme to borrow against accounts receivable Reuters [WASHINGTON] WorldCom Inc edged closer to bankruptcy after it said on Monday that it was delving deeper into its accounting history and lenders declared it to be in default of loan agreements. On Monday, sharesReuters; Source: Bloomberg - 695 words
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146 2002-07-03 3 Reuters [WARSAW] The wave of accounting scandals hitting corporate America and fears of new Sept 11-style terrorist attacks have not hit the willingness of US consumers to spend, a US central banker said yesterday. The comments by New York Federal Reserve president William McDonoughReuters - 146 words
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377 2002-07-03 3 Neil Behrman - From] Neil Behrman in London EUROPEAN regulators fear that European companies are also troubled by debt and accounting problems. In its Financial Stability Review, the Bank of England, for one, says in reference to companies such as Enron and Worldcom that other corporations might377 words
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Advertisement202 2002-07-03 3 ■am Sftndtsli in a»/wnty #4MC4AM LONDON CAMBWDGg QXfOED BRtCHTON/HOVE Bsisfoys scholars won ptoces JMHA at top urWentttes Hce CamMdoe. tSMEm Oxtod. London School of EoammS. Imperial Cotege... nvii cicw •nn mam Broad range of A level subjects MKT»miii available like Business Studies. Psychology. Japanese. Philosophy. Statutes, Sociology prvvoi to bnng202 words
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SINGAPORE companies
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706 2002-07-03 4 Loh Hui Yin - Group clinches mandates as sole arranger and underwriter By] Loh Hui Yin DBS Bank is making its mark as a major player in loans syndication and project financing in China. A European firm building a chemical storage facility in the Shanghai Chemical706 words
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Article271 2002-07-03 4 Eugene Low - By Eugene Low FORMER Serial Systems chief executive Eddie Chng has completed the compensation of Serial shareholders affected by his failure to make a takeover offer for the electronics company, the Securities Industry Council (SIC) said yesterday. It added that the remaining Serial shares held in an271 words
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Article, Illustration267 2002-07-03 4 Vince Chong - By Vince Chong HAW Par Corp president and chief executive Hong Hai will return to academia after retiring from the group in March next year. Dr Hong, who was appointed as president and chief executive officer of Haw Par in 1990, will meanwhile267 words
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Article, Illustration378 2002-07-03 4 Kalpana Rashiwala - Reports by Kalpana Rashiwala JTC Corp's corporatised subsidiary Ascendas and a unit of Australia's Macquarie group are stepping up preparations to list a Singapore industrial property trust and have appointed Salomon Smith Barney, JP Morgan and DBS Bank to help them, sources have378 words
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327 2002-07-03 4 WITHIN two days of the launcb of the Capita Mall Trust, orders have been received for the entire initial public offer tranche of 213 million units, the issue's lead manager, underwriter and book-runner DBS Bank confirmed yesterday. "We are very encouraged by the327 words
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663 2002-07-03 4 andrea tan - HQCKiffWfflW andrea tan THE latest string of unauthorised Internet bank transfers from the accounts of DBS Bank's customers has undoubtedly dealt a severe blow to Internet banking. What's known so far suggests that DBS's Internet banking system is not at fault for the663 words
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Article439 2002-07-03 5 Audrey Tan - Richard Li says more non-core assets will be sold to reduce gearing FYom, Audrey Tan m Hong Kong PACIFIC Century CyberWorks' chairman Richard Li yesterday said that he will continue to sell noncore businesses to reduce the company's gearing, giving rise to speculation that CyberWorks439 words
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COMPANY Briefs
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Article75 2002-07-03 5 EASTERN Asia Technology yesterday provided an update on the performance of its China operations for the first six months of FY2002, in conjunction with a recent visit by analysts, fund managers, corporate investors and the media to its manufacturing operations in Huiyang, China. For the75 words
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Article54 2002-07-03 5 Reuters KEPPEL Telecommunications Transportation Ltd said yesterday it would enter Japan's telecoms market through a joint venture with a construction and engineering services firm. KepT&T said its subsidiary Keppel Communications Pte Ltd would form a joint venture with MVNO Kabushiki Kaisha that was expected to beReuters - 54 words
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Article33 2002-07-03 5 SINGAPORE Technologies Engineering announced that Peter Ong Boon Kwee has resigned as director from July 1,2002, following his posting from the Ministry of Defence to the Ministry of Transport.33 words
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69 2002-07-03 5 ASIAN Micro Holdings' subsidiary, Asian Micro (S) Pte Ltd (AMS), has entered into a memorandum of understanding with Entronix International Inc of the US to form a joint venture for volume remanufacturing of telecommunication electronics and cellular phone systems in China. AMS will hold69 words
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47 2002-07-03 5 AFP THE volume of derivatives traded on the Singapore Exchange from January to June rose 3.23 per cent— from the previous high set last year—to a record of 15.62 million contracts. "Robust growth was recorded by several futures contracts," SGX said. —AFPAFP - 47 words
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220 2002-07-03 5 /ft/Adeline Chia MAINBOARD-LISTED AEM-Evertech Holdings said yesterday that it has acquired a substrate production plant from Celestica Singapore for US$3.B million. Substrate products are an essential component of semiconductor chips, and the newly-acquired plant at Tuas is the only producer in Singapore. The facility is expected220 words
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426 2002-07-03 5 Reuters HONG Kong-based computer monitor maker TPV Technology yesterday posted a 37 per cent jump in first quarter net profit, thanks to better cost management and higher margins from monitor sales. TPV, which is also listed on the Singapore Exchange, reported a netReuters - 426 words
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Article, Illustration343 2002-07-03 5 Vince Chong - Byl Vince Chong DARCO Water Technologies the third water treatment specialist to be floated here launched its initial public offer yesterday. The firm, which follows peers Hyflux and Dayen, obtained approval for a Sesdaq listing less than a fortnight ago. ItARTHUR LEE - 343 words
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Advertisement474 2002-07-03 4 B The threat of money laundering has been an important topic of discussion both in to US tte Financial Action Task S Governments and regulators are concerned about the use of dirty ntaney' tp finance terrorist I; activates. The definition of money laundering has been enlarged to extend beyond proceeds474 words
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Advertisement63 2002-07-03 5 18--CENTRAL PRINTERS PTE LTD (Incorporated in the Republic of Singapore) V 4 WE WOULD LIKE TO THANK ALL OUR CLIENTS FOR THEIR SUPPORT AND PATRONAGE OVER THE YEARS, AND WE LOOK FORWARD TO SERVING YOU BETTER AT OUR NEW LOCATION. OUR NEW LOCATION: BLK 16 KALLANG PLACE #02-28 SINGAPORE *****663 words
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Advertisement56 2002-07-03 5 Live Seafood Await Yoo! LARGEST LIVE SEAFOOD MARKET BREATHTAKING VIEW A DELICIOUS CUISINE h Metohw SsfnS M?delp M o *olf •FREE PARKING WHOLE DAY PRICES tkl l]xm 'llUl.xln v L a —*54 Our Restaurants Awai?Vuu! B £E5 Ki JKmi 1 f s£ffc fcPS3B w? o tF #03-05 ,£s£ EhM TYHT56 words
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SINGAPORE markets
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Article, Illustration292 2002-07-03 6 OTHER SINGAPORE INDICES Jul 2 VALUE CLOSE grottos -194.00 -107.cx? iTCftl -*****.00 -55.00 -*****.00 20.00 417.17 +0.79 Wf|*llBlil 129.02 -2.84 Fh 1342.44 -0.12 408.28 +0.74 MSOSkwapor* 192.91 +0.45 IMfaFitTW 193.30 +0.80 SingTel 15c 15.051,000 Autron 14.417,000 ECS 10c 14.078,000 Strike Engg 5c 11,112.000 NOL 8,477,000 TPVUSlc 7.347,000 People's Food HGK292 words
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Article, Illustration774 2002-07-03 6 larry wee - US$ correction under way: how far can it go AlUl.l.NlUfdMl CURRENCIES First retracement targets at 551.7820, 12LS0yen, 97-5 US cents per euro, 55.5 US cents per A$ larry wee A STRANGE thing happened on Monday in US trading. Wall Street suffered yet another sharp fall but this time the US774 words
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Article, Illustration745 2002-07-03 6 r. sivanithy - STOCKS r. sivanithy AT the start of this year, bourses everywhere were clearly imbued with "The Bull Market Mentality" or TBMM. It's a state of mind in which valuations and economic growth are taken seriously, analysts speak encouragingly of prices finishing the year745 words
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Article2247 2002-07-03 6 UNIT TRUSTS FUNDS Com Global IntoteclndeuFdt** 0.306/ Com Global Ener»lnde*W 0.95V Com Global Travel Index Fd 0.744/ AM Anra Aaeet Mgt (S'pore) Com Spore Bond K**V« 1044/ Star Et*ope Eqty! A 0.736/ Star Europe Bd 10SV CrcdM Apricoie Aaeet Mft S'port Ltd Star Europe Bal 0887/ Indocam Asa Vision!** 0-886*02,247 words
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SINGAPORE news
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455 2002-07-03 7 Beth Jinks - Current measures will stand them in good stead, he says By Beth Jinks DESPITE having already lost two major customers "it's never too late" for PSA Corporation to react to retain the rest, Transport Minister Yeo Cheow Tong said yesterday. "In terms of455 words
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527 2002-07-03 7 Catherine Ong - Lesson from isolated $388 m mistake in Sing Tel compensation By\ Catherine Ong THE Infocomm Development Authority said yesterday it has learnt from its $388 million mistake and will not in future include provisions for tax in any compensation it has to pay.527 words
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243 2002-07-03 7 LIFELONG learning can help minimise the negative impact of globalisation by ensuring that lower-skilled workers have access to skills upgrading throughout their lives, Manpower Minister Lee Boon Yang said yesterday. "There is a concern that the education and income gaps between the243 words
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NEWS Roundup
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Article119 2002-07-03 7 PWD Corp has changed its name to CPG Corp in a bid to shrug off connotations of government links and to mark a milestone in its history. CPG signifies a creative professionals group. The organisation started out as the Public Works Departments in 1833 and119 words
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117 2002-07-03 7 SINGAPORE Cable Vision (SCV) said yesterday its penetration rate for landed homes has soared above 60 per cent. Some 39,000 of Singapore's 65,000 landed homes are now connected to SCV's $600 million broadband network. SCV has a 100 per cent penetration rate in 19117 words
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Article, Illustration500 2002-07-03 7 Kalpana Rashiwala - It's working in annual increases into leases By\ Kalpana Rashiwala RETAIL rents may go up if a practice started by CapitaMaU Trust to work in annual rental increases into leases to boost yields becomes an industry practice, suggests Jones Lang LaSane.FILE PHOTO - 500 words
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249 2002-07-03 7 ST Gregory Spa signed a Memorandum of Understanding (MOU) with USbased health company Kronos yesterday to set up an anti-aging clinic in Novena Square. St Gregory pumped in $2 million for the start-up of the 2,900 sq ft centre known as St249 words
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Article, Illustration299 2002-07-03 7 Anna Teo - on the economy outlook By t Anna Teo THE Singapore economy should be able to grow 4 per cent in 2002, but any meaningful growth will only kick in next year, say United Overseas Bank's economists. And a drop in the unemployment rateSource: UOB Research - 299 words
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173 2002-07-03 7 FOR the second time in barely a month, Singapore denied yesterday that it was at China's behest that it blocked Taiwan's accession to the World Trade Organization's Government Procurement Agreement (GPA). The Ministry of Trade and Industry said a June 28 Taipei173 words
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Advertisement224 2002-07-03 7 w^^tyourbusiness againstoaddebts... wepayyouifyour cusiomersdon't. t Bad debts to your business. J Imagine one or more of your customers going bust just as you are trying to grow market share. ,FS we P rotect y° ur business from bad debt losses HpP m a non-recourse factoring facility. When you M||BBH factor224 words
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EDITORIAL & opinion
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Article, Illustration648 2002-07-03 8 frank ching - 1 THE HcEuSBns OPINION frank ching The writer is a Hong Kong-based journalist and commentator FIVE years ago, when Britain handed Hong Kong and its people over to China, the Western media was full of predictions about the end of political freedom Images were648 words
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Article126 2002-07-03 8 The international financial system is coming apart at the seams. I think we're in fairly serious trouble. I do think we're in a crisis situation.' -George Sara the American hedge fund bigwig, blaming President George W Bush and his team for the fall in the US dollar126 words
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Article551 2002-07-03 8 EDITORIAL AFTER the US technology bust which triggered last year's economic slowdown, we are now witnessing a "corporate governance shock". If sustained, it could compromise—and even derail—the fledgling US economic recovery. The consequences are potentially serious and might be felt far and wide, including in Asia.551 words
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Article, Illustration960 2002-07-03 8 Leon Hadar - They are certainly hoping voters will be di«Anfhantfld enough with a big business-big government nexus to punish the Republicans in November From Leon Hadar The writer isBT's Washington correspondent in Washington THE recent corporate scandals including the US$3.B billion in accounting irregularities inAP - 960 words
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825 2002-07-03 8 Chong Huai Seng - MAILIiETTM Chong Huai Seng Vice-Chairman Panpac Media.com Limited I REFER to your Hock Lock Siew columns "Should Sesdaq listing rules be tightened?" by Chua Hui Min (June 18) and "A big IPO could liven up the market" by Wong Wei Kong (June 20). As825 words
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Article169 2002-07-03 8 Alex Thian - Alex Thian Chairman Research Biolabs Group THE report "Singapore is Asia's top investor in biotech sector" (BT, July 2) stated two factors that may have an impact on the development of biotechnology as the next engine of growth. Firstly, biotechnology investments in Singapore are mainly in169 words
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Advertisement445 2002-07-03 9 I•a 4 p.- Hi •r| Beat uncertain times and get higher returns with an investment in a portfolio of three major Singapore shopping malls Tampines Mall, Junction 8 Shopping Centre and Funan The IT Mall. With an attractive forecast yield of above 7%% Capita Mall Trust provides stable income stream445 words
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REGIONAL news
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Article455 2002-07-03 10 Harish Mehta - Economy is caught in liquidity trap, will take time to recover From Harish Mehta m Bangkok THAILAND'S gross domestic product has still not bounced back to pre- 1997 crisis levels, top economists and officials said yesterday on the fifth anniversary of the devaluation of455 words
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Article, Illustration611 2002-07-03 10 gTHiHiMd BANGKOK Reuters US investment guru Warren Buffett once said that if you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes. It is not a message heeded by many Thai investors, for whomReuters; AFP - 611 words
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355 2002-07-03 10 KUALA LUMPUR Poor demand for group's assets may hamper task Bloomberg MALAYSIA'S plan to halve United Engineers (M) Bhd's debt to RMI4 billion (556.5 billion) this year may founder because of waning investor demand for the assets of theBloomberg - 355 words
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Article, Illustration313 2002-07-03 10 KUALA LUMPUR Late rally asfnnds snap up stocks of blue chips Reuters MALAYSIAN blue chips, led by state power utility Tenaga, staged a late rally yesterday as funds snapped up stocks ahead of Prime Minister Mahathir Mohamad's return from a 10-day holiday today.Reuters; Source: Bloomberg - 313 words
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210 2002-07-03 10 JAKARTA Reuters INDONESIA'S Bank Restructuring Agency (Ibra) said yesterday that six banks were considering swapping up to 40 trillion rupiah (SsB billion) in bank recapitalisation bonds for loans, currently on sale by the powerful agency. Last month, Ibra started selling non-performing loans with aReuters - 210 words
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NOTE Book
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107 2002-07-03 10 Reuters [BOMBAY] Xerox Corp disclosed that its Indim subsidiary made "injproper payments" overSrt years to push salss to government custon*rs, lW according to an annual rsfort filing with the OsU Securities Exchange Commission. Xerox Corp hdpds a 68 percent stake inlndian unit Xerox Modkorp LtdReuters - 107 words
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74 2002-07-03 10 Xinhua Financial [BEIJING] Less than JO pa* cent of Chinese residents plan to invest in the securities markets, according to a People's Bank ofCfcina survey 0f20,000 residents in 50 Chinese cities. The poll shows 65 per cent prefer to put their money inXinhua Financial - 74 words
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88 2002-07-03 10 Bloomberg [BANGKOK] Thai central bank chief Prldiyathorn Devakula said he's concerned about the baht's recent appreciation against the dollar, signalling the hmk will sell the currency to stem its gains. "Right now we are closely monitoring the baht," Mr Pridiyathorn said. "We are trying toBloomberg - 88 words
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78 2002-07-03 10 Reuters [HONG KONG] The Hong Kong government's investment arm Exchange Fund Investment Ltd yesterday said a provisional 71 million units of its Tracker Fund were sold on the first day of the third quarter sale. Each quarter, the government sells blue chip sharesReuters - 78 words
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95 2002-07-03 10 AP [JAKARTA] Former Indonesian president B J Habibie told a court yesterday he could not account, for the US$5.4 million of state funds allegedly embezzled during his presidency by the current Speaker of Indonesia's Parliament. Dr Habibie told the judge he authorised Cabinet officialsAP - 95 words
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615 2002-07-03 12 Macabe Keliher - They ieed Inge capital to upgrade technology amid stiff competition from Korean firms From\ Macabe Keliher in Taipei CHI MEI Optoelectronics Corp, one of Taiwan's largest flat panel makers, will go public next month in what has become an industry trend here to615 words
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455 2002-07-03 12 HONGKONG LiKa-shing hoping to cat his stake in biotech venture Bloomberg LI Ka-shing's CK Life Sciences International (Holdings) Inc will ask investors for as much as HK52.93 billion (***** million) for a stake in a biotech venture that had less than US$2O,OOOBloomberg - 455 words
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373 2002-07-03 12 SHANGHAI Reuters CHINA'S aviation regulator said yesterday it will raise limits on foreign investments in domestic ait-linos and airports from Aug 1 to attract more overseas investors into the tightly controlled sector. The Civil Aviation Administration of China (CAAC) said it wouldReuters - 373 words
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Article, Illustration337 2002-07-03 12 AFP [BANGALORE] Indian commerce and industry yesterday applauded the appointment of veteran politician Jas want Singh as the country' 8 new finance minister, saying the move would give a definitive posh to the country's sagging economic reforms. "Jaswant Singh's appointment wouldAFP - 337 words
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Advertisement185 2002-07-03 10 t I What Are You Waiting For? i t j > *v, f r i Novotel Apollo Singapore celebrates with you the culmination of our entire refurbishment. You can now enjoy the comfort of our upgraded rooms and amenities as well as experience 'Interactive Dining* in our brand new concept-restaurant185 words
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Advertisement175 2002-07-03 11 Fwrmr my r- 9H m m 'ii ■jfVVehelped build Mlfe modem Singapore A .-'*'7 <: i H J V HQL jfl J^- v m w> Rfl^ I ll k I B Xe r BI v '9 ir B WMII 1 L wi I I X fawi MK3I r UI V175 words
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Advertisement69 2002-07-03 12 In I t. I) H i nr. i s i i c s Our Vision To be a premier logistics association promoting professionalism excellence to position Singapore as 1 world-class hub. Our Achievement Thanks to our valued members, colleagues and business partners, we are proud to announce that we have69 words
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Advertisement35 2002-07-03 12 Wa are mora ttian our cltants conutott Wa re tier partners, commuted to their businesses A wide rang* of puMe and tttorod program tor Senior Executtvea to Frontllna Staff art available <*.6737 3003 VMt www.dgvechong.coii>35 words
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Advertisement283 2002-07-03 13 I 1^ CORPORATION HHBw |f N CPG Corporation takes over the reins from PWD Corporation as one of the leading building and professionals in Asia. new name signifies a creative professionals one of the group of multidisciplinary professionals that lends the company a full.. H| bandwidth of expertise.The name change283 words
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WORLD news
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Article, Illustration415 2002-07-03 14 TOKYO Finance minister wants to keep current framework to compile Budget Reuters JAPAN'S Ministry of Finance has decided to keep Haruhiko Kuroda, its top official on foreign exchange policy, in his current role, Finance Minister Masajuro Shiokawa said yesterday. Mr Shiokawa told reporters he decided toReuters; AFP - 415 words
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Article305 2002-07-03 14 SEOUL Six outsiders in 9-member beard headed by two CEOs AP CREDITORS of Hynix Semiconductor Inc yesterday brought in two new top executives and made sweeping changes to the South Korean chipmaking giant's board ahead of a planned overhaul. Hynix said the nine-member board wouldAP - 305 words
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117 2002-07-03 14 Bloomberg (TOKYO] The Tokyo Stock Exchange will tighten delisting rules for companies traded on its market by April 2003 to improve investor confidence, the Nihon Ketzai newspaper said, without citing anyone Firms will be delisted when their market capitalisation falls below one billion yenBloomberg - 117 words
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409 2002-07-03 15 PARIS Its debt was slashed to jnnk and allegations over its accounting emerged Reuters MEDIA giant Vivendi Universal saw a third wiped off the Value of its shares yesterday as persistent worries over its finances panicked investors despite the imminent OUSter of itsReuters - 409 words
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303 2002-07-03 15 BRASILIA Reuters BRAZIL posted its largest trade surplus for a month of June since 1994 as imports slowed at a faster pace than exports due to sluggish growth in Latin America's biggest economy, the Trade Ministry said on Monday. The trade surplusReuters - 303 words
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249 2002-07-03 15 Neil Behrman - From'. Neil Behrman in London BANKERS and fund managers are worried that a Brazilian currency and debt slump could have a ripple effect on other emerging markets. The Brazilian real plunged 76 reals to an all-time low of 2.896 to the US dollar this249 words
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390 2002-07-03 15 LOS ANGELES Reuters THE auditor of bankrupt cable company Adelphia Communications Corp confronted the company's board and charged management was withholding key information three weeks before the auditor's dismissal, according to a letter released on Monday. Deloitte Touche, which Adelphia firedReuters - 390 words
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Advertisement3069 2002-07-03 14 "»ft-fr<«IMP*****22/ rxniirf i«nn IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTE* Of ARGONAUTS WORLDWIDE PRIVATE LTD <ln Members' Voluntary Liquidation) Al *1 Exkwdnary Gmnl MmMm of tot mentors d Vpanauk WtarVfcndr Pr>v* U( (tot "Company'l. duly GOnwnedaW held «i Fnd». 28 |m 2002* 10.00 *jn,toe3pecid3,069 words
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Advertisement419 2002-07-03 14 M THE MATTER OF THE OOMMMBi ACT, CNAFTBt« AND MTHEMATTOIOF T.VJ. MTBMATONAL PTE. LTD. (M MEMBERS'VOLUNTARY UOUBATKM) NOTICE OF MEMKRI VOLUNTARY UQUBATION NOTICE HEREBY GIVEN THAT* ■i Extaonflnvy Qmnl llMlnß of hek) on 25 Am ***** that the company ba wound up vduntarty. It was further raaotoad thai Um Say419 words
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Page 14 Miscellaneous
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Miscellaneous119 2002-07-03 14 CKTPTIC CROSSWORD 24 —""n S B lgr S 7 Tm*rmokm.(B: YESTBVMY-S SOLUTION .25 Range hw 10 In case of WaUM-HO'a.*. tooaa: 1 5 Fouga. D 0^ W 2 Bypaeegr<M>ont», M y(4. 15 Btaed. m, Mot** band 3He paints baity can he 16 ThedMncfesmartcsinagin f? S>cK 26 S»ayact?(B) oocktaT Yes. In119 words
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Advertisement308 2002-07-03 15 The Singapore Institute of Management sponsors jO resident's Young Performers Series Organised by Singapore Symphony Orchestra JULY 12 13 VICTORIA CONCERT HALL 8.15PM CIAZUNOV Violin Concerto m A RACMMANINOV Rhapsody on a Then* of PaganH, Op. 43 Ufl Two highly gifted young Singaporeans take centrestage in this year's President's Young308 words
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FORMULA ONE
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Article, Illustration862 2002-07-03 16 HEIKE HIENTXSCE - Only second row playing musical bucket seats, says HmKHHmnvsGH HEIKE HIENTXSCE The writer is a freelance journalist specialising in motor sports. She also prepares motorsports press releases for BMWAg AT this time last year, Formula One was awash with rumours of possible team switches byAP - 862 words
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PIT Stop
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Article88 2002-07-03 16 THE Minardi Formula One team has coaxed former champion Damon Hill out of retirement—to drive one of its two-seater cars m a demonstration race at England's Donington Park circuit next month. A Minardi spokesman toid Reuters that (he 41-year-old Briton—world champion in 1906—will join88 words
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92 2002-07-03 16 THE World Com scandal ooold have lasting effects on auto racing because the firm—under fire for accounting Irregularities—ls a major player In sports marketing and sponsorship. JtsmoaocedlDtiy Racing League driver Mark Dismare at Keiley Racing fttan UW7-BP. APPraportad rhamp WwwAip Antn Racing Team's (CART)92 words
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Article104 2002-07-03 16 EDDIE Irvine has warned he will quit Ftormula One racing if Jaguar's new RBB car is not competitive, according to the BBC. The 36-year-old Uteterman is disappointed the Jaguar car baa languished near the 1 back of the grid all eeaaon, with fartne'sUneepoints in Australia104 words
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141 2002-07-03 16 FERRARI chiefLucadeMontesemok) is considering his fcture with the sportacar and radng firm, saying, he has achieved tha goals ha eat himself when he look the top )ob in 1961. "The cycie that Ibegan is ever and now is the time to reflect a bit,"141 words
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81 2002-07-03 16 Christopher Tan - tapftaikr Christopher Tan AUSTRALIAN Mark Webber teeted for Jaguar Racing for the first time last Friday at fee Circuit de Catalunya and produced an assured performance behind the wheel of the R3, Reuters reported. Webber was allowed to take the one<lay test by his81 words
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Page 16 Advertisements
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Advertisement134 2002-07-03 16 -V > ?v*> "7^ It's no exaggeration. The very technologies that help BMW win on the Formula 1 circuit now come standard in every road model. From improved aerodynamics What you get in everv BMW. to the introduction of the all-new Valvetronic engine t in our new 3 Series, you'll134 words
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BT motoring
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Article, Illustration566 2002-07-03 17 christopher tan - CARlJlferrt :m The good news is, car prices are unlikely to move up much for the rest of the second half christopher tan NOW that the World Cup is over, expect the game of buying and selling cars to pick up speed.FILE PHOTO - 566 words
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BUMPER to BUMPER
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Article112 2002-07-03 17 TOYOTA Motor will release the world's first mass-produced ftiel-cell car by the year-end—months earlier than expected. According to Bloomberg, Toyota will initially release about 20 units of the FCHV^car—based on the Lexus RX3oo—in the model's first year on the market Ten will be for the112 words
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86 2002-07-03 17 DELPHI Corp has developed a low-cost solution to help auto-makers meet future emission regulations. By adding hydrogen to a petrol engine, harmful exhaust is reduced—especially during cold starts. Using a micro reformer, the hydrogen enrichment system generates a hydrogen-rich gas by partial oxidation of fUel. The86 words
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Article128 2002-07-03 17 VOLVO plans to spin off or find a buyer for its stake in Swedish rival Scania to meet a 2004 deadline set by European regulators. Bloomberg said the world's No 2 truck-maker is still studying whether to sell its 30.7 per cent voting stake in128 words
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151 2002-07-03 17 EXPORT numbers for Japan's carmaker* may h» going through the roof but signs of weakness in the US economy and the strengthening yen are darkening clouds threatening their potential profit growth. Japanese vehicle exports soared 25.6 per cent in May from a year earlier151 words
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122 2002-07-03 17 NISSAN Motor has filed with the Frankftirt stock exchange to delist its shares from the bourse due to low turnover, according to Reuters. Nissan said it is not clear when the delisting—the latest in a series of cost-cuts by the auto-maker—will take effect. Meanwhile,122 words
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76 2002-07-03 17 Christopher Tan - Owpflwdbyi Christopher Tan ...I— m w w THE Japan External Trade Organisation will hold the 4th Conference on Asean Auto Supporting Industries at the World Trade Centre Metro Manila on July 9 and 10. The goals of the conference are to nurture automotive supply industries76 words
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403 2002-07-03 17 Christopher Tan - ItwiDransoftheB dmm Mummt centres in $15m per year market AH reports by Christopher Tan VEHICLE inspection firm Vicom is expected to garner the lion's share of a $15 mil-lion-a-year vehicle damage assessment business initiated by the General Insurance Association of Singapore403 words
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181 2002-07-03 17 NTUC Income is making its maiden foray into big bus insurance plans and will introduce cover at almost half the current market rates. Chief executive Tan Kin Lian told BT the new policies to cover bigger buses will cost between $4,000 and $4,500181 words
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Article, Illustration377 2002-07-03 17 Christopher Tan - By i Christopher Tan GENERAL Motors' takeover of Korean car-maker Daewoo has led to the termination of distributors all over the world, including Singapore. According to sources at Wearnes International, which owns half of Daewoo agent Starsauto, the previous Daewoo entity had to terminateREUTERS - 377 words
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Page 17 Advertisements
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Advertisement11 2002-07-03 17 For the latest open market value rates of cars, go to11 words
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Advertisement245 2002-07-03 17 asp netcentre aspnetcentre Ltd (Incorporated in the Republic of Singapore on 31 Deoember 1999) In vita bo n in respact of 67,000,000 ordinary shares of $0,025 each comprising 25,000,000 Now Shares and 42,000,000 Vendor Shares as follows:(a) 20,100,000 Offer Shares at $0.20 aach by way of public offer; and (b)245 words
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Article, Illustration872 2002-07-03 18 Transaction date: Jul 2 DITBRBAME CROSS RATES ———^5—mks w »«fcgi T— m p$ jh ST U71 iS OM !1£ t2 W7< 1741 103 tW 0.904 LtfT OJ» *456 2130 OJtt 0*1 sr oS o.« 1454 iS tz iS S12SS iS is 155 two L7S 1495 1.195 6.559 1 955872 words
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Article1528 2002-07-03 18 MCUM ruTiinES j u i t tWKR Flint (CMag prion) RSS1 (S cMti/kf) C*m VotaM Om W U» Srtt (teS itSS Aug 02 MI2S ***** Oct 02 80.75 02 W0.75 ISS 3 (UScMtVke) VotaM OaM ■5* li* l» Sttt (tww) *5 02 81.00 8100 82.75 200 1050 S«P 021,528 words
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Page 18 Advertisements
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Advertisement340 2002-07-03 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 MOVENPICK ASIA PACIFIC PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 24 June 2002. the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily340 words
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Advertisement595 2002-07-03 18 BURKORD MANAGEMENT SERVICES PTE LTD MEMBERS' VOLUNTARY WINDING-UP Al an Kxinordinary General Meeting of the Company held at House. Suite ftos .302/308 Regent Street l-undon WIR SAL United Kingdom on Monday, 24 June 2002 at 10.00 a.m the following Special Resolutions were passed: It was resolved: That the Company be595 words
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Advertisement606 2002-07-03 18 tN THC MATTE* Of TH£ COMPANIES ACT, CAR 50 AND IN THE MATTER Of GOLDTRON TECHNOLOGIES PT* LTD (In Creditors' Voluntary Liquidation) NOTICE Of RESOLUTIONS Al the Extraordinary General Meetwo of *ie Memberi and the Meeting of ihe Creditors of the Company held al S3 Übi Rood 1 S«<gopore *****8606 words
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Advertisement604 2002-07-03 18 IN THC MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of GOIOTRON MAGMEDU PTE LTD |b» Creditors' Voluntary Liquidation) NOTKE Of RESOLUTIONS Al the Exkoortfinary General Meeting of the Members and Ihe Meeting of #ie Creditors of Ihe Company held ol 53 Übi Road t SmgafMre 40M9R604 words
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Article3314 2002-07-03 19 Transaction date: Jul 2 for more, go to uwwjasicumenmarketsjcom HONG KONG NyynOw ;jj <uo ni* W Interchma Htdgi OJ2 -0.02 1235 y Bar* 0< AM 1.92 -0.01 132 A1S in* 100 286 iS "HSl JwngwtyqiH 2. IS 005 2771 *»>g"'N«nd*oftCoM 0.68 unch 30 AnoangNcwSMH 1.17 -0-011 4736 Jiangw3,314 words
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Article1974 2002-07-03 19 Transaction date: Jul 2 I KUALA LUMPUR FwirlNeM MO rnti J m w- cmm 41 ABM Realty 1J» 031 4 GwI3~ZZZZZaS 035 447 *5*— 155 005 13 GanadCorp 0.75 0 02 8 ACPkvfcsines lli o.02 21 GanzTach 1.22 031 S A*woS«nerg, 0.51 inch M GeneralCoq* 0.55 001 30 Affin1,974 words
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Article501 2002-07-03 19 Transaction date: Jul 2 ansu»a 3 3sl sF~ «T sssT a a IS ■sr— 55 sar tPS AW SASfc JS UJ» OyMWWUfc J 0155 4*is MTIk bj» Sf 3J5 oa aim «4» o» vm tan flS ?"2 '2° j>-0* ptngg 10c 2-57 1J70 «0l090 3 as 3S J5S g501 words
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Article535 2002-07-03 19 BONDS WARRANTS J2 c *35 "W Mm %«imIm la» ASIUMMOOI „s 1 K U 154 23 taMUdwrnnw 15 1 so m uo a *n«**»50«10 *73 -03 292 1 33 3 134 35 Aiw>«mwmm 13 wa 21# 1 10 77 U3 22 Aaafoat>Wtt***** OS 1 146 2875 12 00 0 tarMMmoiW535 words
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Page 19 Advertisements
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PERSONAL investment
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Article, Illustration534 2002-07-03 20 GENEVIEVE CUA - Very bearish levels of some equity markets could be a positive signal, reports OEMEVIEVE cua GENEVIEVE CUA IS it a good time to take a contrarian view of equity markets, and start to buy? Investment notes by some research and fund management firms say534 words
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Article826 2002-07-03 20 John F Wasik - By John F Wasik [CHICAGO] If only the process of rating mutual funds was like the snap opinion of film critics Roger Ebert and Richard Roeper: A thumbs up for a positive review or thumbs down for unfavourable. Life is rarely that easy. Many investors826 words
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Article992 2002-07-03 21 Robert Halili - |^12ICEJCEG22S By Robert Halili The writer is managing director of Asia Insider. He is assisted by Ngia Soon Choi THE Singapore insider sentiment closed in semi-bullish territory at +30.3 points for the Ave days ending on Monday. The index was down from the previous week's992 words
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141 2002-07-03 21 HENDERSON Global Investors has launched a 1.5 per cent discount scheme for its range of unit trusts, in an effort to encourage people to drip-feed their investments through a regular savings plan (RSP). Managing director Alexander Henderson says: "Our view is that markets141 words
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1125 2002-07-03 23 Ben Fok - By] Ben Fok The writer is executive director of Fraser Financial Planners Pte Ltd. He can be reached at benfok@fraser.com.sg. MOST investors see little difference between investmentlinked products (ILPs) and unit trusts, and some even believe ILPs are superior. This article attempts1,125 words
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Page 20 Advertisements
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Advertisement216 2002-07-03 20 K ftmiiTi l w 1 Ik J I I'll KTi «-V^ H J| F a w m v m W -> m H a w MA m w m I I |L 9n f flft B| K H I I I ml I IB I w J I w a216 words
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Advertisement19 2002-07-03 20 I I I lIP MMus I I the company I I which maintains I i rr ij A--n#lBf I19 words
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SGX MAINBOARD
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Article34 2002-07-03 21 NMHTLv !5 JJL MM M MCm Mtaa -*-=—=M cv %w»>a jg t ST: 55 I SMUfem nffft 1MM m s SSMoc .mane'. i IMMMlKM 53a iHiMctnmw tat 2 vm isco i» ism34 words
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Article988 2002-07-03 21 ■y*"- a A ■r»srs»-s sb-b ns -I t5i 15J 15 *5 -.--MM 5 s 7 "i Scjgy =Ss Is 8:sssfc=-s °r 5 Ij'lT" 31 2? n »J 27 li J,' i ?«sag ss w 10 ,s 2 i;srsfc===:2 j 4 s 1 £J:|SS5i=r5 i» ,i ,3 s ,s988 words
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Article209 2002-07-03 21 <*• .Uag»N» Mto Mr CrVW M MCa U» c—p—r U*» U» 5«4» Q» Wt Sn3 115 00 AVImtagiAZScA *2 5*) AS 12 *3 «2.S «23 043 40 U NJ M 1*1 C«h%A*2teMK 730 205 2.1 7.4 C MKJ Chtutg KongSOc HK 1700 MO (J 17 3 4HK3 O209 words
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Page 22 Advertisements
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Advertisement92 2002-07-03 22 :^r^r ?»-Z .a_ /2 5 fc *2' "iiSLL''" y^,i a J?*' '&**?> j£ ■>- r,». ""111' r v m M< I '■i,. J*- >.. I r I < •«"f l JH pi gjjjjjSHHHf -LU LU- <%«— <9 BreS^ jßpgpfc* rV n'xii INCISIVE Sharp analysis. Cutting edge ideas. To the point.92 words
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Page 23 Advertisements
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Advertisement602 2002-07-03 23 275 rrulti-disciplired protess.onats 8S including lawyers chaptered accountants s i 1 chartered secretaries and banners have If provided confidential and cost elective §0 company formation in all the major lo.v I f •>" ta» areas includ'ng 'i u Mi -J. -,\v. m Incorporation Fees from USSSOO The world's a^rsj'esservcephoned Fo'602 words
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Advertisement33 2002-07-03 23 DIANXIN AT THE NEPTUNE Enjoy excdlcnt lunch and dian xin served on trolleys. Reservations: 224 3922 I —I Managed by Mandarin Singapore 7* Floor, Overseas Union Houk, CoMyer Quay Singaporeo4932l M: 223 418533 words
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EXECUTIVE money
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Article, Illustration921 2002-07-03 24 genovieve cua - YOUR MONEY Any new proposal to make Singapore a fund management bub and build up retirement savings should be driven by members' interests—not institutions' drive for yet more fee income genovieve cua THE Economic Review Committee's (ERC) review of the Central Provident921 words
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Article905 2002-07-03 24 Genevieve Cua - By Genevieve Cua IT IS probably well known by now that one of the working groups under the high-level Economic Review Committee is looking at the pension systems of other countries to see if there are features the CPF can learn from. While there905 words
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Article, Illustration1038 2002-07-03 24 Genovieve Cua - Byi Genovieve Cua BY NOW you're probably aware that you'll need to save and invest more to make your retirement income last a long time. What you still don't know is just how the Central Provident Fund will be tweaked to ensure a greaterSource: Stale Corp - 1,038 words
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Page 24 Advertisements
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Advertisement35 2002-07-03 24 <« r 1 m w i 290 ORCHARD R O A O 5 N G A P O R E 2 3 8 8 5 9. TELEPHONE 6 7 3 8 5 5 3 5 l/^j\7*35 words
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SHIPPING TIMES
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Article250 2002-07-03 25 Reuters THE Baltic Dry Index (BDQ was unchanged at 1,006, the Baltic Panamax Index (BPT) fell one point to 1,019, the Baltic Handymax Index (BHI) shed three points to 7,532 and the Baltic Capesize Index (BCI) was unchanged at 1,156. TXXE-GHARTEfe Mineral Century (built 1905) 161,425 dwt 13.5Reuters - 250 words
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Article105 2002-07-03 25 ChwHW 0.41 wncti 4U _.(U2 (Ml 20g Wp»*T«t» a9e eSi 4 L4bro*M*tM OJO -001 215 MjrUtock 0-36 uncft o ggggl jjj 3 WHHMiCwp .!«> S 12 wSertfedlog 0.63 0.01 1» SS 1j45 uneh 9 7.45 OJS 782 W»0*w- OJT 0.02 329 PDZHoSi 'SvdZIZoilS 10 wmm- i# «2 >*>105 words
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Article, Illustration528 2002-07-03 25 Beth Jinks - Major lines' warning comes as contract talks with dockworkers continue By] Beth Jinks [SINGAPORE] Neptune Orient Lines' container arm APL and other major lines calling at US West Coast ports have warned they may shut down the waterfronts if dockworkers "slow down" during contractAP - 528 words
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Article, Illustration462 2002-07-03 25 Beth Jinks - They will get USssomfor training over next five years By] Beth Jinks [SINGAPORE] Local shipping industry management and personnel will enjoy the lion's share of the Maritime and Port Authority of Singapore's (MPA) $80 million Maritime Cluster Fund through courseZAOBAO - 462 words
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PORT Shots
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110 2002-07-03 25 Renters [SHANGHAI] China Shipping Development Co, the country's second largest shipping firm, Mid it plana to build two 110,000 dwt oil tankers costings77.7t million yuan ($00.79 million). China Shipping would fund 85 per cent of the cost through long-term bank loans, the Hong Kong-Renters - 110 words
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68 2002-07-03 25 [SINGAPORE] Multiport member Oriental Shipping Co Ltd (OCBCL) has wona 10-year contract to operate a passenger terminal at Jeddah Islamic Port to Saudi Arabia. The subsidiary of Middle East shipping and marine group A 1 Zakir International already serves the Baodl ports of Jeddah, Dammam. Dhuba,68 words
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173 2002-07-03 25 Accord will help shipowners to avoid delays if drugs are found on board [SINGAPORE] Bimco has established its fourteenth anti-drug smuggling agreement with a Memorandum of Understanding (MOU) signed in Rome with the Italian Customs. The world's top shipping representative organisation claims173 words
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Article, Illustration873 2002-07-03 26 David Hughes - STRAIT TALK -By David Hughes ON Monday of this week, the International Management Code for the Safe Operation of Ships and for Pollution Prevention (ISM Code) became mandatory for most ships trading internationally. That deadline represented the completion of Phase 2 of implementation ofFILE PHOTO - 873 words
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Article154 2002-07-03 26 EAQg GMurtran 4 AN* 10 clm S Gtorylto* 10 KA 6 Hw* 4 BSC to 5 VTl 10 3 CMACCM 3 C0SC0 3 "«*L CaMb 4 NyaM 4 Outlay* 10 Uw» 9 CMMS* 5 CMftr 10 Cmpr 5 MwmtIm 10 CTtliiiW MHSl 5 Ptlm 4 Jtsscftga 10154 words
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Article14144 2002-07-03 30 THEBUSINESSTIMES EXPORT ■■BBHBE35BBEB E™. V# Voyaqa T*«M>00» ETA ETA Atfvartlsar VHMl Voyao* Ttfaphom sm OmTii Km Nan* Numbtr Nimbar SIN Dxt'ii n. m g To ANTWERPEN (ANR) 2019 Belgium To ABIDJAN (ABJ) 2003 Cot* D'lvo*r« n/07 30/07 Hyundai mm apl inch a WW (*****9044 S 07 20/<M COSCO14,144 words
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SHIPS IN PORT
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Article414 2002-07-03 35 voy No Bcrtti Arrlwl Dopartirt j J—I Nil 0ttw,0l ow JM 03*7/*****0 owwxmxj MAMwnrrw <***** JD 03*7/*****0 03*7/20*00 17 HK) "TO JOI 03*7/*****0 03/*****000 NOSNAMKI 2t JW 03*7/*****0 03/07/*****0 otnasmma «noz joi 03*7/200*00 03*7/***** I MrS»*TE*ni M2M0 JOI 03*7/200»j0 03*7/20*30 I OOWPBOI «4K» JIT 03*7/20*00 03*7/***** souoi *aoi414 words
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Article1747 2002-07-03 35 RECEIVING OF EXPORT FCL CONTAINERS AMD LCL CARGO too Ve *M< Out In BertMng Un- Bwlti -00 V«y* fcirtMai Mwfcr fcOO ai ws oaowMPasa 0ao7Q0ans30 02 l 00 0202s jgg 0307/2002-0100 **********00 na M 9W— obsw am aacwap-wjo omhoobb-itjo ww 30 "t—* opm ana oawaon-oijo mmnm-nao hp 001,747 words
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Article169 2002-07-03 35 M 4 i United States.: Independence Day France: National Day Belgium: Belgian National Day MM France National Day MIS Brunei- Sultan's Birthday Jal 17 South Korea. Constitution Day Japan.: Marine Day M2O Japan: Marine Day M2l Belgium: Belgian Nat Day Aagl Switzerland: National Day Aag 5 UK: Bank169 words
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Article782 2002-07-03 35 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranee* in US dollars Instead at single prices for a men comprehensive lieenintisi at the market Prices shown are based on averagesiaed stem. Market movements are Indicated. The Cockatt Bunker Prt» Index chance and the Individual782 words
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Article389 2002-07-03 35 j_ 27 S* mi OA 17.7 0j07 71 0J03 =J1 ■—Itr —fr awMw uimt* k«mBS 0 0 1 0 0 0 «HW 3M*w NU 12 Ml 030 33 032 Mi «M 7 0.9 U M) 122 034 2=2 %w Mi Mm 635 0 0 3 0389 words
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AIR & LAND transport
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Article, Illustration625 2002-07-03 36 52 children en route to holiday in Spain among the victims Reuters [UEBERLINGEN, Germany] At least 70 people, including 52 children, died after a Russian passenger plane collided with a cargo jet over southern Germany late on Monday. Swiss air trafficReuters; AFP - 625 words
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255 2002-07-03 36 [AUCKLAND] Air New Zealand pilots have given notice they will walk off the job for 48 hours later this month, denouncing changes that could affect job security. The Airline Pilots' Association intends to strike on July 19 from 4 am, the airline said255 words
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Article, Illustration246 2002-07-03 36 21 cases claiming unfair dismissal to be heard tomorrow Bloomberg [HONG KONG] Cathay Pacific Airways pilots who were fired last year have lodged individual complaints with the Hong Kong Labour Tribunal, claiming they were unfairly dismissed by Asia's sixth largest airline during aBloomberg; AFP - 246 words
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Article177 2002-07-03 36 Dow Jones Newswires [BASEL] Switzerland's new national airline company on Monday started using its formal name, Swiss International Air Lines Ltd. The new name replaced Crossair atop the corporate headquarters in the northwestern city, a company statement said. Crossair, a former subsidiary of the defunct Swissair,Dow Jones Newswires - 177 words
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177 2002-07-03 36 AP [MELBOURNE] Thousands of air passengers faced delays yesterday when Qantas Airways check-in staff stopped work at Melbourne Airport to express their concern about working in cold conditions. About 250 customer service staff at the domestic terminal walked off the job for 45 minutesAP - 177 words
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285 2002-07-03 36 The figure is better than what many analysts had feared Reuters [PARIS] European plane maker Airbus said yesterday it would deliver 300 aircraft in 2003, countering some analysts' fears that deliveries would slip in the wake of the airline industry turmoil sinceReuters - 285 words
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218 2002-07-03 36 Bloomberg [TOKYO] The International Air Transport Association (lata) opposes any airport privatisation plan that would let Tokyo's Narita Airport subsidise other hubs, the organisation's head said in a letter to the country's transport minister. Japan's government plans to sell terminal building operations at internationalBloomberg - 218 words
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Article806 2002-07-03 36 OTT mtWT ra FU6HT n» !■<«<» am jzm mm W7« o» so/vwt* vx mm mm was mm m» "irMi I S82»S gPO 1 W M M107 0f35 S«K on 1 ma an moo aa mm m ■Mfkat SOW nOS TG402 0023 MCNNMCftv MINI D20 VN740 M20806 words
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Advertisement100 2002-07-03 25 At least 70 killed in mid-air collision over Germany v P.igv \o\ v STRAIT TALK Time to look for ISM benefits p CLAN S.A. CHANGE OF AGENCY Effective Ist July, 2002, f Harpers Shipping (S) Pte Ltd has been appointed the Singapore Agent for CLAN S.A. and MARUBA s.c.a. Lines100 words
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Advertisement426 2002-07-03 26 EZZZz9HBffiEA~Z] I cxpdftrl I —oMHHlMigri OOQKMHUMK *27 12*71 OVI i|wrsw hv Ihv I i/5~1 1 SBBfial ooaaitM sjhi mm Iwl nm iv m m NiV m Tjf -JSL _55—. f* m m m <* OOQMOCI 009 Ifcv|l7/v| Ml MV« M M wm V% cm mm »m nm H/9 Mr I426 words
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Advertisement35 2002-07-03 26 WORLDGATE EXPRESS LINES PTE LTD T 180, CmcM luiil. ffIHWM, Bank Tyutm *****6 Tel: *****911 Fax: *****073A*****863 fill— +mmoomum WEBSITE: htpy/www. wortdgatm. com. ag IS- 111 IISKBtWn I !SH P^BB as^: iiw ESaaTrS Bmp |ft35 words
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Advertisement382 2002-07-03 26 line service feprwnld by Mmbmcl*»*gi+yai Accnitad Shipping Apnh, Singtycif Shipping Atxadicn Mambtn of Aw I omgaport Logtsnc* Awocigfen g WY UNI MALI fwm mm ra ra\ I f.«u» vm mm I ftrowtUly 0602 19/07 20/07 28/07 Ewprmiily 0502 04/06 03/06 11/06 I frincwUty 0702 19/06 20/06 26/06 x. 11l J382 words
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Advertisement593 2002-07-03 27 <MMi wt| m am m mm met m ta llnna Im «im w n im m aisawan mm m/v mm a/v nm mmm mrm/num m/*ii/m m/v mxrmscm NNf H/V r/v O/V mm vm mmmi sviis/a u/m n/a -nm htpom mm mm mm mm x/w a/v tammm mumm mm nmnmmm mk593 words
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Advertisement918 2002-07-03 27 SL 5L 5L 1,1 11 11 111 ww iwiwiv. **m» ML IW M It/n 17/11 (W9MI/MS u M ■■MS. £2 !f£ EES mSIMK iu«ib>/»i» wv SomTm. mm aw J* mm- «tS**S" SS SS !i« S£ i- i- SE&STa* SS i!S SMS. <■ K?* !5 IW i;/» a« JW ?i* I918 words
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Advertisement315 2002-07-03 27 wr_Sj _rgL jj£_ 'ZT'm jt_ m nrcmi a* 11/7 n/y iV7 iy/y »/7 n/i nucsaurog aw s/7 11/7 iV7 14/717/7 a/7 nntHMHnK aw 17/7 w i\n Wi w wi tawnam mm h/7 iy7 MtfflJK 211 I M/ 7 B/7 I M/ 7 I 31/7 I 1/1 I I a*S |lj/7315 words
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Advertisement608 2002-07-03 28 HMMM* HYUNDAI MERCHANT MARINE CO., LTD. wt I W j w w nt wr iivcsa wi "si" "uT "W HT "55" M^pi EtSEE" !22 !I™ V/V v/v nanmvmnm n/M |u/i ■nHKHM 252 2»M«".i W «"i« W lm rim 17/ M M/M H/wllt/l SS m/m M/M M/M |l</l ■5T 232 2/2608 words
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Advertisement608 2002-07-03 28 WAN HAJ UNES (S) PIT LTD WIWAN HAI UNES X I *ywww man/ xmm 1 www.vmM.cm.m mntm ■PTv^fTrr^wTTrTTTwrTTnmT^— Ess I 5 I 55 55- BB 52 g*£ 8* Mr Mr IM R3«M S »38 35 W M H M M W I m.** w JL -M- JL _JB_ JM_ -JL608 words
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Advertisement361 2002-07-03 28 WEEKLY EXPREttttMmB SCHEDULE I Hi Z*L 3*l "55~ wmmm «m mm mm am "7* 7m. mkrmm m im im Tm~ ~hm~ ~mm~" —wm BB im im mm ITM" MM MTt—i WW ISM HM IM MM IK WH MM EM~ MM ~SJM~~ ~IM ll»a JgUI- IM 4M 7M ll* ——g W»361 words
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Advertisement1119 2002-07-03 29 IVISSa VOY KHH HKQ SIN I W I PM 1 lAI DUM WT~ MANHORMOZOAN PCL-266 02/07 03/07 06/07 07/07 14/07 13/07 17/07 19/07 WAN TOMAN PCI 267 09/07 10/07 13/07 14/07 21/07 22/07 24/07 26/07 M.V. UNDAVIA PCL-263 16/07 17/07 20/07 21/07 2»/07 29/07 31/07 02/0* ■AN KERMAN PCL-269 23/071,119 words
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Advertisement48 2002-07-03 33 KALIMANTAN 1 WMff WiIKLY SIKVKI TO 1 JMATO/POIHMHW/WMUU 1 I I »t I«■ Ijo rum N—Tff i uo ll m/w *»>* Wv~ fi^TU gßS?=^=^=^:gg=^:! SURAIAYA/PANJAM Vmm< fm SM SI pfi ,omu m-nw— -wb—~m— i I PEIAWAM/FttAIIIAXU Baa— iA ij. iTgr Bgi POIAM UMWAWI/FBIAIW I us**, i,x i &>nr ftr48 words
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Advertisement543 2002-07-03 34 j# HP— Btoßbll IKBEhDB^ miufi ma bund ma miw ii-ivv »ivw I n« mi mi 12 lw m\/v 24.27/07 I nana m» 14-17/w ntyv jmi/w I IKBSNMK MSH 19-OW M-21/07 wWw I ws«»*«»w3wi»wj BT* 8 Sffl 838 ifss __MBQg__ >S1 1711/17 24-H/07 1443/0 B IntjSMK w i/itv nnw n«/n I543 words
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Advertisement708 2002-07-03 34 [msaiuw *ot wso« FwfmSi CMTUGOW lONGU re nt m n» in tit PC MOMOW I7NM2 INMS M/ 17 >5/17 M/ 17 W/> y llyt UNin W IS/07 M/t7 M/ 17 11/17 15/17 KWI WNII9 SAT It/17 M/ 17 M/»7 11/17 U/17 17/97 W <K IWTT MMMS WM 11/17 11/17 11/17708 words
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Advertisement817 2002-07-03 34 lasuac an j 44/47 am ;«ty 04/47 am \im w/47 amiyiiHjftw So^^gm|!^ laswH Tin 1 w/c y uswp an 04/17 aw na» TW mm 'rm n/n Hiswom V jn*| Igbianc mi -11/17 rn tin li/py am lm n/iy owoa •w« *»i/ty mm 'nmjn/«| |aswH 2273 ii/i;|ajoo |im 17/47 |aun rm817 words
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Advertisement149 2002-07-03 34 WBSSSSMM MEAKBUUC A CONVENTIONAL SBtVICE WRECT snvia from stok to karaor iresa warn mmunu nmuoi "I l]|H \nm *tw/u v/vm la I iiin» uwm/u ivw/c M** SEA-PAC MANAOCMCNT FIE. LTD. 70 Anon Rood 1174X7/0* Apw Towv, fcp Tritium, *270 0*77 n 6275 2309 Taian IS ***** SUPAC PRBCT MM NAOdPO,149 words
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Page 35 Miscellaneous
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Miscellaneous142 2002-07-03 35 FOR 7 AM 3 JUL 2002 y x lh*" Hfi 1 TrT' I 'rj SKg^ LEGEND: Issued by Meteorological Services Division, NEA R Thunderstorm A Showers X\ Rain !3h«r Ure O Wind direction and speed in knots Cloudy Day weather Hazy Wind speed symbols Sea Conditions O Full circle w/o142 words
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