The Business Times, 12 July 2002
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2002-07-12
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The Business Times
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Title Section14 2002-07-12 1 THE BUSINESS TIMES MJTA(P>OICK»/2002 850 SINGAPORE 'ntomet: http.'/b'jsiness-times.asial com sg FRIDAY. JULY 12. 200214 words
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Article70 2002-07-12 1 DuMLB (-28.75) riSTIIIDEXFUTOBS mm mmji (-%90) nSDDarUTUSES mm m» (-3 9o> ST0C3IMAXXFT INDICES Thursday Change KLSE COMP ***** -412 NDCKEI228 —li.48i.74 -20U2 BAM) SENG il£t&82 -***** SET INDEX ***** 4.M JAKARTA COUP -***** 4M MANILA OOMP -UH.14 -13J6 TAiPHWPi um» SEOUL CMP 7Vi8B -tU» SHENZHEN B ***** >ll(70 words
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Article56 2002-07-12 1 mim V' us$ 89 USSfBlMrUSI} L7M iUS&Mp < r£)_LM7 17t7 PHO(tSS/Sft/E). UM 1.730 YEN U7.4 «7JQ RM UM tm HKf im 1417 BAHT 41.11 U61 RLT1AH M«0 i.lM prime nam SINGAPORE* Ul KUALALUMPUR 149 BONOKONO _U1* JAKARTA ItM TAffH- .Utt TOPO LS7I SEOUL Ml FWUWUB U» LOJW09I 4jOO NEW56 words
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Article, Illustration448 2002-07-12 1 Christopher Tan - bt Sources say cash-rich group will boy EON'S stake, triggering GO for billion-$ company By Christopher Tan [SINGAPORE] Hong Kongbased trading house Jardine Matheson, the single largest shareholder of Cycle Carriage Ltd (CCL), is expected to make a general offer for the Singapore-based motorSource: Bloomberg - 448 words
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Article, Illustration643 2002-07-12 1 Larry Wee - US$ may even fall below 5f1.70 next year, some warn By Larry Wee [SINGAPORE] The current "zero per cent appreciation" policy for the Singapore dollar on a tradeweighted basis measured against a basket of currencies of the Republic's main trading partners will remainSource: SM - 643 words
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452 2002-07-12 1 Leon Hadar - Froml Leon Hadar in Washington A DAY after US President George W Bush urged a crackdown on business corruption, the Senate in a rare show of bipartisan unity adopted a set of new penalties for corporate fraud and document shredding. The452 words
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Article143 2002-07-12 1 Reuters, Bloomberg [NEW YORK] US stocks fell for a fourth day as signs of rising unemployment hit the market a day after key indices sank to 1997 lows amid mounting worry over corporate earnings, accounting scandals and global instability. The latest news of aReuters,; Bloomberg - 143 words
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469 2002-07-12 1 Catherine Ong - |-i Broadband'* fixed charges lead many to leave PCs leggod on permanently By Catherine Ong [SINGAPOREJ All 21 DBS Bank customers whose computers were recently hacked into and their ftinds illegally transferred out had one common link they were users of broadband469 words
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Page 1 Advertisements
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Advertisement118 2002-07-12 1 msiDE Executive L jf 0 gtylo niflB Here a spa, there a spa. Pg 2 t-. Jaime Ee: The end of the affair, Pg 2 --..i t Hoo&Lock Housing loans war not much fun anymore. Pg 4 Top storlM S'pore on recovery Pj^bu^cemay 9lwWr* MAO, Nixf Pttgo W*'jja CapftamaV Trust118 words
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Advertisement21 2002-07-12 1 S*pore on recovery path but pace may slow: MAS, Next Page Cnlwn tk* scandals, PgB (yVeOltaiioaM with corporate crooks, Pg 1621 words
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Advertisement15 2002-07-12 1 I 5 TheBuswessTimes 1 I 1 .J It fl %t?j For those with instinct. f15 words
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Advertisement15 2002-07-12 1 Bank acts to rebuild confidence, Next Page DBft No shake-up among senior ranks, Next Page15 words
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527 2002-07-12 2 Anna Teo - External factors have improved trat volatile markets cloud outlook By Anna Teo [SINGAPORE] Optimistic but cautious. This sums up the Monetary Authority of Singapore's (MAS) assessment of Singapore's recovery prospects. "The domestic economy is expected to continue on its recovery path,527 words
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591 2002-07-12 2 Quak Hiang Whai - Moot 10% of its 135 MDs have left in the past month: source By Quak Hiang Whai [SINGAPORE] DBS Group has refuted suggestions that there would be a shake-up in the senior ranks after the departure of its former chief executive Philippe Paillart,591 words
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Article57 2002-07-12 2 IN our article "Oil majors to 'pump up' retail units at petrol stations" in BT Motoring on Wednesday, Shell Select's merchandising manager should have been Elsie Sim, not Elsie Lim. Also, Shell Select's average revenue growth rate of 15 per cent was achieved over the last three years, not57 words
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Article388 2002-07-12 2 Catherine Ong - Bank is trying to restore confidence in on-line By i Catherine Ong [SINGAPORE] DBS Bank has kicked off an aggressive advertising and promotion campaign to rebuild confidence in on-line banking following the recent cyber fraud perpetrated on 21 of its customers. The bank yesterday announced a388 words
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Article517 2002-07-12 2 Chuang Peck Ming - 2-year study dears flow of reclaimed water into reservoirs By Chuang Peck Ming [SINGAPORE] After two years of study, a panel of international experts has submitted a report that is likely to provide the signal for Singapore to go full steam ahead to produce recycled water517 words
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Page 2 Advertisements
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Advertisement27 2002-07-12 2 End of Season Sale i Pur.ii»on oi j T<l »>r> ,s i 17 I 1 T M 15,:,.,,, Sc.,Us T,1(5 K7.-W uu u /,u _tj 171 1027 words
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SINGAPORE companies
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577 2002-07-12 3 Kalpana Rashiwala - Retail investors get 60% allocation to boost liquidity; pricing at 96 cents by Kalpana Rashiwala CAPITAMALL Trust's initial public offer has achieved a better-than-ex-pected subscription rate of about Ave times a dramatic turnaround from the embarrassing under-sub-scription in its aborted attempt late last year.577 words
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Article, Illustration622 2002-07-12 3 David Boey - IPO RUSH July set to see total of 10 IPOs; D&rco's public tranche 108.8 times subscribed Reports by David Boey THE current rush of initial public offerings could fizzle out just as quickly next month as IPO candidates monitor new SGX listingFILE PHOTO - 622 words
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396 2002-07-12 3 IPO-HUNGRY punters have another issue to zoom in on, with Malaysian information technology firm NTI International yesterday offering 24 million shares at 20 cents apiece. Even with the current IPO fever, NTI, which is headed for the main board, is taking no396 words
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Article, Illustration500 2002-07-12 4 Serena Ng - AngKongHna-led group extends acceptance deadline for second time By Serena Ng THE management buyout offer for Nat Steel Ltd's assets and businesses may be off if Nat Steel's board does not make a decision on it by Aug 16.500 words
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Article298 2002-07-12 4 Vince Chong - By Vince Chong UNITED Overseas Bank (UOB) laid off 90 employees yesterday, adding to some 20 retrenched last week. This brings the number of employees retrenched in the last three weeks to 380, including the 270 that were laid off at the end of298 words
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186 2002-07-12 4 Bloomberg ASIA Pulp Paper Co creditors holding at least US$2.7 billion of debt backed an application by Deutsche Bank AG and BNP Paribas SA to have the Singapore company's management replaced, the High Court was told. The plaintilh' lawyer, Alvin Yeo, a senior counselBloomberg - 186 words
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396 2002-07-12 4 Court-ordered deadline for bids expires Reuters [HONG KONG] Hutchison Whampoa and Singapore Technologies Telemedia both said yesterday they will not submit bids for bankrupt wholesale telecoms carrier Global Crossing. A court-ordered deadline for bids to buy the assets of the Bermuda-based firm expiredReuters - 396 words
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COMPANYBriefs
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78 2002-07-12 4 Reuters A JOINT vesture between SIA Engineering Co and Goodrich Aerostructures Group will build a US$l3.5 million repair facility in the eastern part of Singapore, SIA Engg said yesterday. The joint venture, Rohr Aero Services-Asia (Rata), will complete tha&OQOsq metre facility in September 2008. RasaReuters - 78 words
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Article55 2002-07-12 4 Bloomberg HTL International Holdings, a leather tannery operator and furniture maker, will suspend the trading of its shares today pending an announcement Last month, HTL said it was in discussions with a potential investor to issue $20 million of new shares. Shares ofHTL rose 3 centsBloomberg - 55 words
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Article78 2002-07-12 4 Bloomberg SNP Corn, a printing anH piWMiingwiwipny controlled by the Singapore government said profit 4 in the first half rose 22 per cent after higher revenue from its printing business offset losses at its other divisions. Profit in the six months ended June 90 roseBloomberg - 78 words
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103 2002-07-12 4 MAINBOARD-listed People's Food Holdings Ud, a producer of fresh and frosen meat and processed meat 'J products in China, announced that it has submitted its application for a listing on the main board of the Stock Exchange of Hong Kong. This will result in103 words
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Article50 2002-07-12 4 ENGINEERING solutions provider Trek 2000 International Ltd and electronics firm ASJ Holdings announced yesterday that the Singapore Exchange has granted them in-principle approvals to traraftr their listings from Sesdaq to the SGXmainboamfhe trading daitoofthe firms'shares on the mainboard will be announced in due course.50 words
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Article97 2002-07-12 4 NET profit of Singapore Petroleum Conpany(SPC) for the six months ended June 80 surged to $10.5 million, against $8.2 million in the corresponding period last year. The firm attributed this to a steep rise in cnidaandproduct prices in thefinft muter of the year. Turnoverfell to $1.1397 words
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Article751 2002-07-12 4 quak hiang whai - lock siew quak hiang whai WHEN Singapore's banking consolidation picked up pace last year, not a few expressed worries that the industry already oligopolistic in nature would become even less competitive. But if the latest housing loan war it anything to go by, those751 words
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Advertisement131 2002-07-12 3 f; fu Bk '1 bum C T*V fL' ■M 9L lgf m a m/gt :> %V*<-'vijdHk||&.•; ;'-^■b fc»i^\ j* h -.Im. ißl' W hI B I v W^M^.-' 'a^-«3b 'H >/■ ii I^J *ii Wm 4 Bg| J <1 A j Impact bars. Power sliding doors fitted with an obstacle131 words
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Page 4 Advertisements
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Advertisement1484 2002-07-12 4 PGA TECHNOLOGY NOTICE OF THE EIGHTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at 4 Loyang Lane #05-01 Loyang Industrial Estate Singapore *****4 on Monday, the 29th day of July 2002 at 10.00 a.m. for the purpose of1,484 words
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Page 5 Advertisements
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Advertisement182 2002-07-12 5 tHI HI > l^v^ I S I^l^^..^ The new Peugeot 607 has arnved. With its swooning good looks that never seem Perplexing? Well, simply it's our Multiplexing technology. It efficiently "tells" all to end, you can't help gasping with excitement when you come face to face. systems; like the TIPTRONIC182 words
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SINGAPORE markets
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Article, Illustration260 2002-07-12 6 OTHER SINGAPORE INDICES Jul 11 VALUE CU*£ 106.00 -304.00 BT CAM -*****.00 -172.00 -*****.00 +17.00 1 i 431? t MIPS -Z» *419.g2_ -19.52 WpJhiftl 422.34 -10.S3 MWtNpfin 201.20 -3.16 mrnar+mm 2oo.ao -3.90 WiBw*20c 123,732.000 BUmu U32C6 28,465,000 GoWronBc 1B.S91.000 Awntton 2 JSC 17,383.000 13,658,000 FuYuMfclOc IT filft.000 CWacmrtlOc 8.122X00 UnlFiood260 words
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Article, Illustration300 2002-07-12 6 R Sivanithy - HOT STOCK/ WARRAMT By\ R Sivanithy ONE question that those bullish about local equities have not been able to answer is: where will the next bull market come from? Put differently, on which sector can we reasonably build a platform for300 words
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Article, Illustration753 2002-07-12 6 r. sivanithy - li comment STOCKS r. sivanithy A US investment newsletter recently said the current bear market is "being driven by a lack of morals as much as poor economics". We're not sure about the poor economics in Singapore's case, the economics are actually quite753 words
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Article, Illustration587 2002-07-12 6 larry wee - TcommenH CURRENCIES S$ holds steady on MAS announcement; yen and Korean won np a^in larry wee THE US dollar enjoyed a sharp turnaround against major European and Antipodean favourites yesterday, but Asian units mostly toughed it out. The Australian and NewSource: Reuters - 587 words
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Article1629 2002-07-12 6 UNIT TRUSTS FUNDS VTTTiATTiTTTVBHHHB comGM»aiin*o«Kinde*Fdf* uw Com Global Energy tnrtM ft* Com Global Irwm tndm Fd «7W WllMMM|hn| ComSporeBond fend/* 1MV 5ta» Etaope tw« Lflt Star Europe Bd \an CredM Africaie Aaaat Mgt S pore lid StarBuopaBal 0LH« mdocarn Atia VWonl— 0.92MI.973 0-7W Star Ada Bond 1.24* DBAMM Star/Me Balanced1,629 words
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SINGAPORE news
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309 2002-07-12 7 Genevieve Cua - Interests of policyholders involved By Genevieve Cua THE Monetary Authority of Singapore is expected to require insurance companies to adhere to a more stringent code of corporate governance than that which applies to listed companies. This is because insurers have to act309 words
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Article, Illustration472 2002-07-12 7 Eugen Low - 4 w i 3 on the economy employment But many settled for lower pay, poorer working conditions By Eugen Low AROUND three-quarters of those laid off in the first nine months of 2001 found jobs within 15 months. But most ofSource: MOM - 472 words
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311 2002-07-12 7 Vince Chong - Philippines-based firm asks for payment for 4 listing' in probably fictitious directory By Vince Chong ANOTHER telephone listings scam has been uncovered among the Singapore business community, with a Philip-pines-based firm found trying to bill local companies for "listing" in a directory believed311 words
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478 2002-07-12 7 Vince Chong - By Vince Chong t DEVELOPERS have pushed at least 60 landed homes on i the market in the past week, hoping to lure buyers before the traditional lull of the Hungry Ghosts month, consultants say. Despite their coveted status,478 words
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Article, Illustration458 2002-07-12 7 Siow Li Sen - By Siow Li Sen < THE Board of Commissioners of Currency, Singapore (BCCS) has been rapped again for irregular procurement practices, three years after it was reprimanded over such practices. According to the Auditor-General's 2001/2002 annual report BCCS, which eotnes undo- the Ministry of Finance,FILE PHOTO - 458 words
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262 2002-07-12 7 THE court hearing to appoint Ernst and Young as judicial manager for coffee trader Hiang Kie will be heard on Aug 2. According to legal documents obtained, OCBC had on July 5 petitioned for Hiang Kie Pte Ltd and Hiang Kie262 words
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Advertisement155 2002-07-12 7 I really need to stop talcing all my dates to "Robertson Wall:. t -i r At Robertson Walk, it's not just about the tctu. weekends. It's about a place where you > can enjoy an intimate dinner for two or fljgLJllia. J simply sit back and relax in one of155 words
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EDITORIAL & opinion
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Article, Illustration758 2002-07-12 8 frank ching - CTTT^ bottom line OPINION frank ching The writer is a Hong Kong-based journalist and commentator BEIJING'S unremitting struggle to keep Taiwan from straying onto the independence path continues unabated, with Lions Club International (LCI) providing the latest battleground. Beijing has told LCI that, if758 words
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Article82 2002-07-12 8 'We have just emerged from a century that witnessed the evils of Hitler, Stalin, Pol Pot and Idi Amin, and the Holocaust, the Rwandan genocide and ethnic cleansing in the former Yugoslavia Surely we have all learned the fundamental lesson of this bloodiest of centuries, which is82 words
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Article583 2002-07-12 8 EDITORIAL MALAYSIAN Prime Minister Mahathir Mohamad's impending exit after 21 years in power will be the latest in a series of leadership transitions that have swept Southeast Asia The process has been smooth in some cases but convulsive in others. All the same, the transitions will see583 words
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Article, Illustration1183 2002-07-12 8 Leon Radar - While the Republicans try to contain the damage from Enron, World Com, etc, the Democrats are trying to make political capital from it By Leon Radar The writer is BTs Washington correspondent PRESIDENT George W Bush and his Republican allies on Capitol HillAP - 1,183 words
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839 2002-07-12 8 Bernhard Eschweiler - COMMENTARY That is, assuming a US recovery stays on track in the second half By] Bernhard Eschweiler The writer is managing director and head of Asian Rates Research. JP Morgan THE slide in US and global equity markets in recent months has cast a shadow839 words
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MAIL bag
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Article, Illustration606 2002-07-12 9 Loh Kin Poh, CPA Singapore - Loh Kin Poh, CPA Singapore I REFER to your report "Merck scandal dashes hopes for Asian stock rally" (BT, July 9), in particular the reference to Merck's announcement to the US Securities Exchange Commission that it had "inflated revenues" in 1999, 2000 and 2001 totalling US$l4.lREUTERS - 606 words
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166 2002-07-12 9 Ang Ah Lay Singapore - Ang Ah Lay Singapore I AM perplexed why the Land Transport Authority ("LTA to build Buona Vista HQ that may cost up to $500m" f BT, July 10) plans to have a building of 120,000 square metres for its staff of 3,500.166 words
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167 2002-07-12 9 David Court Singapore - David Court Singapore I REFER to the report "UOB rapped for role in picking adviser for OUT' (BT, July 6). I have been a shareholder of OUT for over five years. My original investment was made on the basis of fundamentals. During these rather167 words
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138 2002-07-12 9 Christina Chua Singapore - Christina Chua Singapore I REFER to "CK Tang needs a shake-up" by Kalpana Rashiwala (Hock Lock Siew, July 5). I wonder how much longer long-suffering shareholders must wait before these so-called management talent will be able to staunch the losses.138 words
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Advertisement667 2002-07-12 9 HBOSpic Head Office: The Mound, Edinburgh, EHI IYZ Singapore Branch: 50 Raffles Place, #16-06 Singapore Land Tower, Singapore *****3 ft CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT As at 31* December 2001 For the yew eaded 31* December 2001 31 December 31 December Yew ended Year ended 2001 2000667 words
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Advertisement191 2002-07-12 9 bt*ttorQsph.com.sg or fax us at 6319-8277, orwrite to: The Business Times, SPH HQ, 1000 Toe Payoh North, Podium Level 3, Singapore *****4. We need yourfuMname, address and telephone number, so we can verify it came from you. Please use temperate language, and bear In mind libel laws. We reserve the191 words
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REGIONAL news
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436 2002-07-12 10 MANILA SEC defends move, saying brokerages cannot afford bigger fines Bloomberg THE Philippine Securities and Exchange Commission plans to settle all 153 cases related to the country's biggest stock-price manipulation scandal, levying total fines of only 20 million pesos (*****.000), the legal minimum TheBloomberg - 436 words
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344 2002-07-12 10 JAKARTA Dow Jones Newswires IN a further sign of the confusion surrounding its asset sales programme, Indonesia said yesterday that it was restarting a plan to sell a 20 per cent stake in Bank Niaga through the stock market only a dayDow Jones Newswires - 344 words
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NOTEBook
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84 2002-07-12 10 Dow Jones Newswires [KUALA LUMPUR] Berjaya Capital Bhd yesterday said it has aborted an earlier plan to delist from the local bourse. It also dropped plans for a general offer and special dividend. Instead, the company announced a revised plan in which it will olferDow Jones Newswires - 84 words
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Article80 2002-07-12 10 Dow Jones Newswires [JAKARTA] The Jakarta Stock Exchange suspended shares of four companies from trading yesterday as they failed to submit their financial statements for 2001 on time. The four are debt-ridden pulp and paper producer PT Indah Kiat Pulp Paper, paper producer PT PabrikDow Jones Newswires - 80 words
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Article56 2002-07-12 10 Dow Jones Newswires {KUALA LUMPUR} Zecon Engineering Bhd said yesterday it has secured a RM314.6 million government contract to build a rood in Sarawak state in East Malaysia. The contract to construct a road to the Federal Administrative Centre in Matang. Sarawak was awarded byDow Jones Newswires - 56 words
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59 2002-07-12 10 Reuters I] Philippine Long Distance Telephone Co, takeover deal forged between its parent Ete Co Ltd and an industry rival yesterdi suit against First Pacific on July 3 for )iation of securities law after the Hong omerate failed to give PLDTacopy of theReuters - 59 words
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16 2002-07-12 10 Reuters Intrawitayanunt said yesterday. "I was informed byReuters - 16 words
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Article10 2002-07-12 10 Bloomberg legal action. BloombergBloomberg - 10 words
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Article, Illustration422 2002-07-12 11 Audrey Tan - They are said to be subscribing to shares worth aptoUSsBoom From Audrey Tan in Hong Kong HONG Kong s top conglomerates have thrown their support firmly behind Bank of China's (BOC) listing here later this month, and are said to be subscribing422 words
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123 2002-07-12 11 HONGKONG AFP HONG Kong's biggest telecoms firm, Pacific Century CyberWorks Ltd (CyberWorks) and China Telecom, China's largest fixed network, announced yesterday that they have agreed to create a joint venture to provide IT business solutions in China. Under the deal, they will set upAFP - 123 words
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Article276 2002-07-12 11 BANGALORE It will initially in vest USssom in 3 to 5 firms Reuters VINOD Dham, a microchip expert who once headed Intel's Pentium processor project, yesterday launched a venture fund to nurse startups aimed at making India a key centre for the wholesale design of chips.Reuters - 276 words
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Article, Illustration500 2002-07-12 13 SHANGHAI Lifting of ban pushes Taipei to reciprocate Bloomberg CHINA allowed its biggest bank to conduct foreign-cur-rency transactions directly with banks in Taiwan, lifting a half-century ban and pushing Taipei to let Chinese banks and insurers open branches on the island.Bloomberg; AFP FILE PHOTO - 500 words
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411 2002-07-12 13 HONGKONG SAP survey shows 93% ended in the red, dewn 5% en average Dow Jones Newswires AN overwhelming majority of equity funds invested in Asia suffered losses in June, reflecting mounting concerns over corporate governance and accounting issues in the US that soured globalDow Jones Newswires - 411 words
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276 2002-07-12 13 HONGKONG Bloomberg HUTCHISON Whampoa has formed a venture with Beijing Enterprises Holdings and Beijing Capital Tourism Group to run hotel and tourism businesses in the US and China. The venture will have initial assets of HK11.27 billion (*****.9 million), said Hutchison inBloomberg - 276 words
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ASIANotes
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Article67 2002-07-12 13 Bloomberg [BEUING] China's export growth accelerated in the first half of the year because a rebound in global growth boosted demand and a weaker currency made the country's goods cheaper. Exports grew 14.2 per cent In the first six months of20Q2 from s yearBloomberg - 67 words
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52 2002-07-12 13 Bloomberg [TAIPEI] Taipei buildings were shaken by an earthquake of magnitude 5.9, the Central Weather Bureau said. No casualties were immediately reported. Taiwan Semiconductor Manufacturing Co said there was no damage from the quake, the epicentre of which was &2 km underground, near Taiwan's eastBloomberg - 52 words
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79 2002-07-12 13 Bloomberg [HONG KONG] U Ka-shing's loss-making biotechnology unit priced its shares atHK|2, the top of the range it sought, after receiving strong demand for the initial public offering, bankers involved in the sale said. CK Life Sciences Internartntiai Inc. which had less thanBloomberg - 79 words
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86 2002-07-12 13 Dow Jones Newswires [SHANGHAI] China is considering extending the hours of foreign exchange trading sessions, in response to requests for longer sessions from hanka officials said yesterday. At present, daily trading sessions for the yuan against major foreign currencies last only 90 minutes, tesvii* banksDow Jones Newswires - 86 words
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231 2002-07-12 13 BANGALORE Reuters INFOSYS Technologies on Wednesday posted improved and better-than-ex-pected results for the AprilJune quarter due to a surprisingly strong jump in sales. But the IT sector beUwether warned that recent advisories issued by foreign governments against visiting India had caused a slowdown inReuters - 231 words
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Advertisement54 2002-07-12 10 6 U 1 i Jj*,-.{t* SPH NEWSPAPERS ALWAYS AVAILABLE AT 7-ELEVEN I lirNmiix I lines in Hi mm ss11\|i > v. BH n&tun Mi.!i.J J. l TH M s 1 M v e r e d to your doorstep, c ri I I our subscription hotline at 6 3 854 words
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Advertisement155 2002-07-12 10 Since 19 7 5 our worldwide st.ifj of < over 275 multi-disciplined profess onals V including lawyers chartered accountants j V 4 chartered secretaries and bankers ha,/e J® provided confidential and cost effect.ve J&, J&A company format'on in all the major low f tax areas including t 'f *■"!»,!>• Incorporation155 words
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Article, Illustration775 2002-07-12 11 Transaction date: Jul 11 wTiaJiWCIMmTM q 9m m mm* *rn wn Hm* £T mn uk *1* urn ts* urn tm nj* tun *m lm urn wm nj* *m$ qm 2™ ?2 in 5!2 m 148 m 12M M» o» «m «.m r 0221 0.IM L044 itt TS ?M HJM775 words
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Article1099 2002-07-12 11 MIUUM HFTUBBS juin IWBMwi Uli^nluD RSSICScwtVhj) CIom VotaM Om MH> Iwr S<tt (Iww) totwirt **02 mn SfS m.75 Oct 01 149.25 "W02 M9.25 8SS 3 (US cwts/kq) VoteW OpM n» iwi stt a—» irtwm A*02 84.50 850 S*02 >525 1525 1425 100 2550 Oct 02 MJ0 8450 8150 1001,099 words
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Advertisement1332 2002-07-12 12 miamPOO 11II1P5, rHUdy t i|Uiy lC t gU AY®) <vmm limit ciiminii n.i.c.i Consolidated Balance Sheet Consolidated Statement of Income 31 December 2001 Year ended 31 December 2001 2001 2000 2001 2000 (USS million) (USS million) A**® Operating Income Li 9 UKI filnd 462 409 Interest income 1,524 1,673 Trading1,332 words
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Advertisement318 2002-07-12 12 MINI MATTER OF THI COMMUMB ACT, CAK SO CHtM ROUND PTI LTD MEMMRS* VOLUNTARY LMMMOATION Honci Of Rfjoumom At an Annual General Meeting of Itie Company hetd on 28 June 2002 at Conference Room 11 LG Twtn Towers (East Tower) 12th Floor YokJo-Dona Vourydunapo-gu.Seoa ISO-606 Korea, the following resolutions were318 words
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Advertisement586 2002-07-12 12 fN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LEWONG ENTERPRISE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SFKIAL RESOLUTIONS At an Extraordinary Meeting of the Company duly convened and held at 143 Cecil Street #07-01/02 GB Building Singapore *****2 on die 12th of586 words
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Advertisement995 2002-07-12 12 m SUNLIGHT SUNLIGHT GROUP HLDG LTD (Incorporated in the Republic of Singapore) Notice of Third Annual General Meeting NOTICE IS HEREBY GIVEN that the Third Annual General Mooting of the Cormany w* be held at 150 Übi Avenue 4. Singapore *****5 on 30 July 2002 at 10 00 a m995 words
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Advertisement303 2002-07-12 12 la the Matter of Tbe Cwpriii Act, Cap. 58 Ami la tW Matter ef TANG CHJUS TRADING PTE LTD (la MaabarTViliiiliij Uqteteritea) NOTICE Of FINAI NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. SO. thai the Final Meeting of the Members of the Company will303 words
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Advertisement385 2002-07-12 12 THE COMPAMES ACT, CAP. SO HAWYEE ENTERPRISE PTE LTD (to Mm tins Voluntary I IqnlMMuii) FMAL MEETMG NOTICE B HEREBY GNBI THAT tha Final tea sang oI toe Mentors at toe Mtovenamad Company wB be haM M 133 Cad Street #15-02 Kadi S«ig Tower Singapore *****5 on toe 12th day385 words
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Advertisement586 2002-07-12 12 M THE MATTER OF THE COMPANKS ACT, CHAPTER 90 KYOKUTO TRAOMQ (S) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be heW at 10 CoNyar Quay *19-06 Ocean Bußdtog. Smg*x>re *****S on 5 July 2002. the toftowing resolutions were duly passed: t. SPECIAL586 words
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Advertisement810 2002-07-12 12 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of BIRDEX(SINGAPOKE) PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS Al an Extraordinary General Meeting of tie abovenamed Company duly convened and Mid at 27 Balmoral Pad (02-27 Smawc *****5 on the 5* day of |uty810 words
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Article3646 2002-07-12 13 Transaction date: Jul 11 for more, go to urwwjasicumenmarketsjcom HONG KONG nysanoav 7*5 «S2 WwcNniHkta OJ3 -002 1115 1,8 k*1 Bank of Asia 199 i«h 543 0. 14 -041 100 IrSttlSy 1)08 184 AnntoVMnaOri IaS jittS ken -3.18 0.03 2264 —Vtl T£ 122 Mmrvu com o« 150 1*3,646 words
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WORLD news
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Article, Illustration503 2002-07-12 14 NEW YORK But poll shows 70% expect corporate profits to rise over next 12 months Reuters, Bloomberg US corporate chieftains are a bit less optimistic in their short-term outlooks for the economy, a report said on Wednesday, signalling it may take longer for themReuters,; Bloomberg; AFP - 503 words
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403 2002-07-12 14 LONDON Sales inflated by USslb through incentives Bloomberg BRISTOL-MYERS Squibb faces a US investigation for allegedly inflating last year's sales by US$l billion through incentives to drug wholesalers, the Financial Times reported. The world's No 5 drugmaker confirmed it is cooperating with "informal inquiries" fromBloomberg - 403 words
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Article279 2002-07-12 14 WASHINGTON AP, Reuters US manufacturing, the sector hardest hit by the recession, is on its way to a firm recovery, a survey of manufacturers shows, with the index hitting its highest point in two years in Q2. The Manufacturers Alliance/MAPI said its composite business indexAP,; Reuters - 279 words
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170 2002-07-12 14 Reuters [WASHINGTON] Real estate it's the new gold for US investors seeking security in a bear stock market, a study released on Wednesday says. "Americans now appear to be treating the purchase of residential real estate as the investment of choiceReuters - 170 words
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WORLDWatch
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104 2002-07-12 14 Bloomberg (TOKYO] NEC Corp, Mitsubishi Electric Corp, Hitachi Ltd and eight other Japanese companies set up a venture to develop chips that are smaller, cheaper and more efficient, toa bid to compete with overseas rivals. Advanced 8oC Platform Corp, which has capital of950Bloomberg - 104 words
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Article84 2002-07-12 14 Reuters [TOKYO} Japan 's government upgraded its view of the economy for the fourth time in five months yesterday, but the report painted a picture of a recovery dependant on exports and vulnerable to the weakening US dollar. The government mW it detected brighter signs inReuters - 84 words
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Article42 2002-07-12 14 Reuters (PHILADELPHIA] ATAT Corp on Wednesday told shareholders that president David Dorman was the "front runner" to lead the telephone giant when its current chairman C Michael Armstrong leavee to head the combined AT&T Comcast cable comnanvReuters - 42 words
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Article72 2002-07-12 14 Reuters [SEOUL] South Korea's President Kim Dae Jung picked the country's first female prime minister yesterday and replaced six other ministers in s reshuffle seen as strengthenii* his hand ahead of December's presidential polls The chief presidential secretary said Chang Sang, 82, a formerReuters - 72 words
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118 2002-07-12 14 Reuters [BENTONVTLLE, Arkansas] Discount retailer Wal-Mart Stores Inc yesterday raised its second-quarter and fUll-year earnings guidance, citing better-than-expected sales driven by demand for seasonal aoodfl like air cnndirtnuarKMiHummar clothes. Wal-Mart now seee second-quarter earnings of 44 US cents to 45 US cents per share, upReuters - 118 words
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108 2002-07-12 14 Bloomberg [MILAN] Flat SpA will cut production and lay off at many as 21,700 auto workers, nearly half its Suropss* carmaking workforce, in August and September as sales plunge. Italy's biggest manufacturer will reduce output by ***** vehicles in the next twomonthstBloomberg - 108 words
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436 2002-07-12 15 PALO ALTO, California It says it is rapidly signing op new advertisers and paying customers Reuters INTERNET media company Yahoo! Inc on Wednesday broke a year-and-a-half-long losing streak by posting a net profit on sharply higher revenues, saying it had put the dotcomReuters - 436 words
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292 2002-07-12 15 OTTAWA Investors pommel the stock to almost its year-low Reuters SUFFERING Nortel Networks Corp shareholders faced new woes on Wednesday with news the tarnished telecoms equipment supplier will be dropped from the prestigious Standard and Poor's 500 index. Nortel shares were dumped inReuters - 292 words
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Article169 2002-07-12 15 REDWOOD SHORES, California Dow Jones Newswires ORACLE Corp took a potshot at nemesis Microsoft Corp on Wednesday, unveiling software designed to replace Microsoft's as a corporation's e-mail backbone. Introducing the Collaboration Suite software at a meeting with analysts here, Oracle chief executive Larry Ellison said "we reallyDow Jones Newswires - 169 words
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Article, Illustration590 2002-07-12 16 WASHINGTON He doubts a Senate proposal can pnnish violators adequately Reuters US Treasury Secretary Paul O'Neill said on Wednesday he was furious with corporate "crooks" and expressed doubt that a Senate proposal gave regulators enough power to punish violators adequately. Speaking to the USReuters - 590 words
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182 2002-07-12 16 NEW YORK Dow Jones Newswires A POLL by CBS News released on Wednesday found that two-thirds of Americans don't think most US corporate executives are honest. When asked "Are most corporate executives honest?", 67 per cent of those polled said no and 27Dow Jones Newswires - 182 words
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309 2002-07-12 16 Dow Jones Newswires [NEW YORK] World Com Inc provided a corporate jet for US$l a month to a company director who headed the committee that sets salaries and benefit levels for senior executives, company officials told federal investigators, The Washington PostDow Jones Newswires - 309 words
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Article, Illustration150 2002-07-12 16 AFP (TOKYO] Italy's giant clothing retailer, Benetton, yesterday announced the opening of four new megastores in Japan as part of a global expansion plan for a total of 240 such outlets worldwide in three years. The announcement was made by group founder and president Luciano Benetton,AFP - 150 words
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570 2002-07-12 16 news LONDON Better US productivity, liquidity attract investors Reuters CORPORATE America is still held in high esteem by European investors, despite a succession of accounting scandals that have left global markets in a spin and data showing a better outlook for profits inReuters - 570 words
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Article2049 2002-07-12 14 Transaction date: Jul 11 KUALA LUMPUR Fra*r8Ne»<e 342 006 M RW 217 -003 10 HI W- Whtatti 0.41 0.03 48 Gadang 1.25 -0.07 25 AIM Hearty 1.09 -OlOI 2 Sanaa* UO 0.15 117 Atric 164 -007 227 GanadC«»p -Oil -002 1 ACPtadutrias .311 unch II GaraTech 137 inch 02,049 words
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Article391 2002-07-12 14 Transaction date: Jul 11 OK Ul UH <MB MM He U4 tja ,a s ss s< 2ts:?5> a a. ss «r"* a ?s as sSfr- k ST la sr* II s£ a |s ta |Sg* aSS «m S5g-o- ftj !g Jot if tfi sSBS!" IS US 4p S5£» a391 words
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Article560 2002-07-12 14 BONDS WARRANTS JNfCs* tar HZ Xl mm** Mn UK AST1W*****1 2Bl5 15 Ml It U IX 23 Acma ltd WX11H ,2 mti 110 1 SO 470 *50 24 ArmkWOSOSIO M 4 407 1 33 1 13) B AmMrang VWM0520 1 -1 51 1 10 100 550 22 MaFoodPtMQ0712 05M 1560 words
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Article3781 2002-07-12 15 Transaction date: Jul 11 for live prices, log on to wurwjasicumemarketsxom JSt., a ,s ■Tu.a.*a.*t 5"!5'3 a r J »g 8 wi ->"22 575 McAWwiwnu 535 *5 5 535 530 530 S40 234 2.1 45 142 ***** s» 475 17.5 s A5AGrpHMj,20c 3*5 -1 136 36 353 3553,781 words
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Article42 2002-07-12 15 ■y- 'fi a <s s-"s z-as 10JK V10 i Dumondl USM70cd WO *00 s SQJUSTacti new $n 4#1 BMSOSpOPt ussn I uao nn> i Bsanaol uskuoo innMOsSKMB USMOO Ill*' m is« csnnrtoo Kit -30 a tec wh km kjo ..II42 words
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Article1018 2002-07-12 15 tt a a ■r-srs.-s wbtb assay—; -u s xi s j 515 775 c AS At4o Mk J73 1 40 3* 375 37 375 22 2 0 71 c A&JMdgiTOc 43 -2 20 43 43 42-5 445 25 U 114 74 id 44 Z c j" 11 as1,018 words
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Article227 2002-07-12 15 UMOHti Ml> Mr Cftw HM Ka lam tub "m t— fcyr MNr Cw m s3 0w Aa<A S2S5MMMS40 U 101 U 2813 11 74 I MMJ o— 17® MO U 17 3 MU ScfcAtomUMK. 55 45 e 2 7* 3 6 545 2KL7 -f 11.1 2.1 U BIJ227 words
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Page 16 Advertisements
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Advertisement52 2002-07-12 16 A**A.ii*>j Variety* Av**Jii*j Ay»*.zt iMWl Vv«p 5 For a FREE brochure, fill In and nail or fax this coupon to: Tourlsa Authority of Thailand, c/o Royal Thai Eabassy. 370 Orchard Road. Singapore *****0. Tel: (65) *****901 Fax: (65) *****653 Eaall: tatiln®Hnqnet.coa.sq Nl>e: A<je: Address: fljf Telephone: Destinations Interested ia: ww.Utor.dt52 words
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Page 17 Advertisements
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Advertisement118 2002-07-12 17 CHRIS LOH Competition is getting hotter with new spas sprouting up ever so often But the smaller players are bent on giving established operators a run for their money with their more exclusive set-ups and personalised services. CHEAH UI-HOON has their stories on a 2 I mmtk s Shell V-Power.118 words
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Advertisement56 2002-07-12 17 INSIDE IHLv Hi 1 ft «r fPwp«M i V PROFILE A chat with Shelly Lazarus, one of the most powerful names in advertising EL3 ENTERTAINMENT Can't get enough of Hugh Jackson? Watch his movies on DVDs. ELS KSv^B* H^ v H EPICURE Eat to your heart's content at Sunday brunch56 words
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PERSPECTIVE
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Article722 2002-07-12 18 jaime ee - off Is the love-hate relationship between Ah Meng and zoo director Bernard Harrison finally coming to an end with his departure? It's anybody's guess jaime ee WHEN they announced it sometime last week, I didn't know which was more shocking that Bernard Harrison was leaving722 words
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Article, Illustration1697 2002-07-12 18 COVER STORY THERE seems to be a new spa popping up somewhere in town every other weekend, offering all manner of Indonesian, Swedish and aromatherapy massages and facials, according to those leaflets pushed into your hands everytime you exit an MRT station. The wave of spasCHRIS LOH; ARTHUR LEE - 1,697 words
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Article, Illustration170 2002-07-12 18 If you're not heading for the office tomorrow, you can still get your daily dose of business news free at Tampines Mall, Junction 8, Funan IT Mall and Cuppage Terrace. Pick up a complimentary copy of Business Times at any food and beverage outlet at170 words
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PROFILE
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Article, Illustration1378 2002-07-12 19 CORINE KERK - Shelly Lazarus, CEO of Ogilvy and Mather Worldwide, shares her branding philosophy with "i*biwtb kebm CORINE KERK SHE is one of the most powerful women in the advertising world, with one of the sharpest minds in the business. Yet, a dragon lady who sends youARTHUR LEE - 1,378 words
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Page 19 Advertisements
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Advertisement81 2002-07-12 19 help us to clear some space Come join us for our fantastic sale starting July 13th until 28th. Enjoy unprecedented iscounts off exclusive leading brands. Further reductions await you when you purchase our coordinated package deals. Cessna verbis vitro, edra zanotta driade Ahs thomasjacobsen Ql3l\/•%(-£% 0% Installment Plan available. /ACI»81 words
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Advertisement56 2002-07-12 19 CARAN d ACHE OF SWITZERLAND I I ECRIDOR COLLECTION f MAKE YOUR MARK >\ Solo Distributor: /SILVAROYAI PRIVATE LIMITED 27 LoynngW.iy Smgnporc *****8 C.ir.indA l l»cis..w„ljbl( it TAKASHIMAVA <U v t i 31-TIMES NEWSLINK Ctunj;, A,. p„M TH (Dt pv .■< Tr n vt. I EiviA. T2 (Dop.ir tutp'T- msit56 words
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MUSIC
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Article, Illustration899 2002-07-12 20 KANNAN CHANDRAN - When it comes to Diana Krall's music, the lady's very much in control, and that goes for her life too. kamnan chamdran finds out KANNAN CHANDRAN THIS Christmas is going to be special in Diana Krall's household. And probably in many other homes around the world. TheFILE PHOTO - 899 words
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Page 20 Advertisements
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Advertisement220 2002-07-12 20 Br Bp I Wi Oi I Timss I L to,->/ I I Contact Patrick Ang Q 6319 1284 I I or Amy Choo 6319 1559 now. I Where to wine, dine and entertain... by. jgjgm A World of Exclusive Pri vilegL Treats jm [knm club WWW.dlnerS.COnLSg Iniematcnaf jyF~ Jtr jf220 words
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Advertisement183 2002-07-12 20 B^|| lot valid wth any other dis- A count voucher or promotion. J Please present this adver yKKjf^^r.I tisement before ordering. ror dine-in only Great Value Set Lunches Are Also Available At $38++ or $48++ I I Per Person (Win. 2 Pax) I Oaaia Sea View SOSladunßaJewxdlOl-Ol 26 Amber Oowßl-OQSeoVtew183 words
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Advertisement142 2002-07-12 20 Each Sunday our traditional roast carvery will complement popular BBQ varieties at the St. Gregory's Brasserie 4. Courtyard. With the choice of indoor or alfresco dining at our garden courtyard and stroller band performing, the experience is made enjoyable wtth discounted free flow of wine and beer. Enjoy your Sunday142 words
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Advertisement103 2002-07-12 20 4 v *t**i Function Room available for your f -Seminar Company Dinner Dance i Birthday Baby's Full Moon Buffet and Coffee Break available VCD, Karaoke, full sosad system Maximum -100 pax Minimum Seminar *15 pax For enquiries, call us at 430 4119 218 Queen Street, Singapore *****9 A member of103 words
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Advertisement72 2002-07-12 20 Diana Krall performs at the Suntec International Convention Centre on Aug 4. Tickets at $99, $145 and $199 are available at HMV, That CD Shop and Sembawang. Call *****652 regarding tickets. Diana Krall website: www.dianakraU.com DIANXIN ATTHE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 224 392272 words
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Page 20 Miscellaneous
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Miscellaneous160 2002-07-12 20 CRYPTIC CROSSWORD S»ie a ort^r s bfe^k r, HIJBZjBzhtJtJBZitJB 6 takes round 4 e^^T^S^)' 100 0 Lj Lj ÜB"U H H M 16 b^wrthTfe l^1 6 3C 17 Broker more confident bat- 0ft^ f f t 18 Most of the money lady said that could be ours (8) 20 Beat160 words
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ENTERTAINMENT
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Article, Illustration787 2002-07-12 21 Hugh Jackman is his zingy self in two recent flicks weighed down by dodgy scripts and shaky plotlines OKAY, the straw poll has been pretty unanimous: we like Hugh Jackman, whether as reluctant romantic novelist in Paperback Hero (1998) or credibly macho Wolverine in X-Men (2000). AndFILE PHOTOS - 787 words
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Article, Illustration340 2002-07-12 21 Adeline Chia - By. Adeline Chia NEXT time you want to travel, grab a writer. Or that's the lesson you're left with after watching screenwriter and actor Buck Henry's journey across the High Andes to Patagonia in BBC's Great Railway Journeys series. All right,340 words
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Page 21 Advertisements
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Advertisement79 2002-07-12 21 t ROLEX Kolex presents Diana Krall August 4th 2002 8.30pm Suntec Level 6 Live In Concert Reputed as the world's finest jazz singer pianist Her latest world's best selling album The Look Of Love" is out now. Hotline: (65) 64 16 3652 E-mail: concerts@M2us.com www.M2us.com licket Outlets: Sembawang Music Centre79 words
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Advertisement38 2002-07-12 21 High Andes to Patagonia is on tomorrow at 5.10pm and 11.10pm. Repeated on Sunday at ft 10pm. Shining in the Dark is on tomorrow at 10.10pm. Repeated on Sunday at 5.10pm. Both programmes on BBC, SCV Channel 13.38 words
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CINEMA
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Article, Illustration950 2002-07-12 22 PARVATHI NAYAR - Film-maker Gil Rossellini reminiscences about his eventful life and times to parvathimaymi PARVATHI NAYAR I FTER 9/11 there's a lot of curiosity in the West about Islam. And misconceptions. Hi M islam is identified with the Middle-East. There's little awareness of Islam in the Far East as inARTHUR LEE - 950 words
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573 2002-07-12 22 Geoffrey Eu - to* Geoffrey Eu Deuces Wild is the cinematic equivalent of a paper cup filled with day-old CocaCola it holds the false promise of light refreshment but the fizz has long vanished and all we're left with is a tepid, sugary mess. Set573 words
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Article, Illustration549 2002-07-12 22 Parvathi Nayar - 'The Hard Word' fails to engage audience after an entertaining first By Parvathi Nayar IF you're robbing a bank and need an alibi, this has got to be the perfect one namely that you're in prison already, doing time. That's the opening premise of Australian film The549 words
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Article, Illustration505 2002-07-12 22 Corinne Kerk - By Corinne Kerk IT is no surprise that a squeaky-clean, feel-good family movie about reviving one's dreams should come out of Walt Disney Pictures and be based on the very American sport of baseball. The Rookie works in America largely because it centres around a505 words
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Page 22 Advertisements
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Advertisement172 2002-07-12 22 CO FOUNDERS ANTHONY THEN AND GOH SOO KHIM ARTISTIC DIRECTOR GOH SOO KHiM SINGAPORE DANCE THEATRE i3| Book Your Tickets Now and Enjoy up to 30% Discount! Ballet Under The Stars The most popular outdoor J&t arts emit in Singapore 19 21 July and 26 28 July Fort Canning Green.172 words
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THE ARTS
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Article, Illustration444 2002-07-12 23 AARON LYE - Director Ivan Heng tells aa&om lye why the play about a toilet cleaner is a standout AARON LYE ITisaharahreality that, in every society, certain people are a lot less visible than others. Among their countless numbers are construction labourers, road sweepers and even444 words
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500 2002-07-12 23 Frank DeMeglio - By Frank DeMeglio ALMOST like a coda to the Arts Festival, pianophiles island-wide were treated to the 9th Annual International Singapore Piano Festival last week. Four international pianists performed music ranging from Baroque to Contemporary and everything in between. Portuguese pianist Artur Pizarro opened500 words
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Article641 2002-07-12 23 Aaron Lye - Compiled by Aaron Lye PERFORMANCES Baiet Under The Stars The Singapore Dance Theatre's popular outdoor dance event returns yet again with a selection of new works from the Singapore Young Choreographers Dance Platform, featuring the works of Jo-anne Lee and Khek Ah Hock. July 19-21 and July 26-28,641 words
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Article, Illustration642 2002-07-12 23 Cheah Ui-Hoon - By Cheah Ui-Hoon REMEMBER the phrase "It ain't over till the fat lady sings'? For Fame the Musical, it just isn't over till the yellow cab vrooms on stage and some dancing goes on on top of it. That's the lingering icon for Fame,FILE PHOTO - 642 words
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Page 23 Advertisements
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Advertisement71 2002-07-12 23 Ang Tau Mui will be staged at The Room Upstairs (Action Theatre), 42 Waterloo Street from July 18 to Aug 11. Tickets are priced at f2B and are available from Ticketcharge. Like nal me. i lie ci'ca.scs on <>ur slliri will sol I-recover. -11 w(• i 111 i 111 k|rl!71 words
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Advertisement15 2002-07-12 23 Fame the Musical performs atKallang Theatre until July 14. Tickets tire available at SbHc outlets.15 words
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EPICURE
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Article, Illustration653 2002-07-12 24 JAIME EE - Fireplace Grill Steak House at Le Meridien President Hotel in Bangkok stands out for its well-prepared food and quality produce, jaxke ee tucks in JAIME EE SOMEHOW, you don't expect to go to Bangkok to eat steak. You go there for spicy green and red653 words
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Article, Illustration117 2002-07-12 24 Jaime Ee - -By Jaime Ee DO you pick your restaurant according to the kind of bread they serve? If dough is the stuff of your life, then you might want to check out the weird and wonderful varieties that Ritz-Carl ton's restaurants are offering. There's everything from seaweed bread117 words
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Article, Illustration363 2002-07-12 24 IfyCotinifteKerk SUNDAY Brunch, that noisy, busy, family affair at many hotel restaurants, is hitting The Regent Singapore's Summer Palace Cantonese restaurant from this weekend. Based on an all-you-can-eat a la carte menu which, from experience, tends to be a tastier, more sensible and value-for-money363 words
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Page 24 Advertisements
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Advertisement53 2002-07-12 24 S week friday-sunday july 12 -14 2 002 jk i*V .V' '»X V r 7 f gjfc <£v r j 1 meet the real mamas and papas this weekend > people who encourage monkey business at the zoo > feeding frenzy with the zoo's inhabitants > win Red Hot Chili53 words
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Advertisement89 2002-07-12 24 Aus frato.' Austrta Canada, Califorrm German New Zealand Spain and others $100 Discount for all Vintec Fridge jJbarby Wine Cooler Fridge Usual $86 Now $79 Veuve Clicquot Yellow A NOW $22.50— Amore Fortified Chardonnay (H) J T I a ,K< 3 every purchase of Strewn Vidal Icewine -375 ml Price:89 words
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SHIPPING TIMES
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Article251 2002-07-12 25 Reuters THE Baltic Dry Index (BDI) roee one point to 1,007, the Baltic Panaaaax Index (BPD gained tour points to 1,(02, the Baltic Handymax Index (BHD firmed five points to 7312 and the Baltic Capesize Index (BCD was unchanged at 1,168. 172,247 dt 14.6 on 63.4 ndas deliveryReuters - 251 words
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Article147 2002-07-12 25 M* *t- M CWT Mftrlbuflon—O.aO 0.01 12 OiiwnHo 1_0.41 -0.01 304 CMMl—rtuK-OJI OHM 453 FrtffM LMit 0.06 unch S U HoMnqs Off 0.01 24 .MyaHaMfap 0.26 o.oi 925 *mmt Cm* 424 004 726 MpprtMartn* 0.14 uncft 152 MpprtTrtt 0.96 -0.01 49 LatroyMarln* O-Jl -OOI 8*0 MMatock o M147 words
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Article, Illustration625 2002-07-12 25 P T Bangsberg - HK Customs meeting some shipping industry representatives to seek their views By P T Bangsberg [HONG KONG] While the Hong Kong government says it supports the goal of the container security initiative (CSI) introduced by the US to preventFILE PHOTO - 625 words
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Article, Illustration62 2002-07-12 25 [SINGAPORE] The Amazon Eagle (centre) sits in the Keppel Shipyard dock awaiting a major conversion into a floating production storage and offloading (FPSO) vessel, the sixth such job at the yard for customer Single Buoy Moorings. Keppel clinched recently another three conversion contracts worth $16062 words
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Article181 2002-07-12 25 Beth Jinks - ■By. Beth Jinks [SINGAPORE] APL Logistics (APLL) has continued its China expansion, entering into a joint venture with three partners for motor vehicle and parts distribution throughout the mainland. The new automotive logistics company CMWAL will build a regional distribution centre for finished vehicles and181 words
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198 2002-07-12 25 Acqnisition gives it a major supply chain logistics presence in US [SINGAPORE] P&O NedUoyd's newly separated logistics business has significantly boosted its global network with the acquisition of the US-domestic retail logistics group, the Gilbert Companies. P&O Nedlloyd Logistics has taken over Gilbert198 words
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117 2002-07-12 25 Reuters [HONG KONGJ The world's second largest shipping container maker, Singamas Container Holdings, said it would buy a 46.22 per cent stake in a refrigerated container firm for US$lO.B million to expand its presence in China. Singamas said it would have 100 perReuters - 117 words
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730 2002-07-12 26 Selva Kumar - ADMIRALTY CASEBOOK -By Selva Kumar AN Australian court of appeal last month upheld a lower court's decision not to follow US precedents in deciding whether an injured seaman's claim was to be heard under the laws of the vessel's flag730 words
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Article, Illustration61 2002-07-12 26 [CAPE TOWN] Members of the public welcome back some 78 Russian scientists and German crew members rescued from the ice-bound German-owned Magdalena Oldendorff, as they arrive in Cape Town, South Africa, on Wednesday aboard the SA Aghulhas rescue vessel. The SA Agulhas braved the Arctic winter61 words
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Article187 2002-07-12 26 PAOC GMWtrn 4 Avant 10 Gu r tang Mas S GtoryHav 10 BSA 6 4 BSC 10 Hamburg-Sad 5 BTl 10 He«ng-A 3 CMACGM 3 H«MJne 10 COSCO 3 HUAl 10 Central Ei 4 Hywiai 4 Outlay* N> •"*<>» 9 ChmaShpg 5 MogiM 9 Confer 10 taterasia187 words
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Article13024 2002-07-12 30 THEBUSINESSTIMES ETA ETA Advartisar V«s«< Voyage Talaphona ETA ETA Advartisar Vassal Voyaqa Talaphona Hu m Mt li|||S|S'r.|| j .."Si Illy*?- Numb* 23/07 17/00 China Sftpg EJ). MELBOURNE BYW 45******90 lb ABIDJAN (ABJ) 2003 Cota D'lvoira 25/07 04/02 MOL apl kxjte we 45******04 B/07 23/00 CMA CGM NOR ASIA13,024 words
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SHIPS IN PORT
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Article270 2002-07-12 35 Voy Wo Bfth Arrival Dvpartur* M PMiaaf Warns OW6* *****1 PWI 007/*****0 12/07/*****0 C KU80W 10 ***** PWI* 007/*****0 12/07/200*00 c acuaow e 6920k pwu 0/07/*****0 12/97/200*00 INCJUMCI *****3 PWU 1207/*****0 007/20*00 2WAI60II *****6 PWU 007/*****0 12/07/2012*0 MM JASA VI #6487 PWU 007/*****0 12/07/*****0 8ATANMMH 30BQ PW3 1207/*****0270 words
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Article1341 2002-07-12 35 CONTAINERS TERMINAL AMP VESSEL SCHEDULES VMMi 0«ft In Berthing Utv- tar* e Nmm Voy«9« Voyage tartttng Mnbr o 0 aohaac win tjgj nq;/»gifcOD \*J0>nas<a-a> SACJOA OOSS OQSS *****000 ISflO jjWgMMI >WBW CHWf C1WW 1V07Q0P1MQ ISgMOOMMO WW cm* CWK IWHWBIMO MOTMttUfcOO 1 m rn **********00 ivc?oocaiwo Mt. —8 HOW1,341 words
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Article168 2002-07-12 35 Jul 14 France: National Day JallS Brunei Sultan's Birthday JkI 17 South Korea: Constitution Day Japan: Marine Day Jniao japan: Marine Day Jml 21 Belgium: Belgian Nat Day Aaffl Switzerland: National Day AaffS UK: Bank Holiday (Scot) Aug 9 Singapore: National Day Aa| 12 Thailand: Queen's Birthday An*168 words
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Article773 2002-07-12 35 THIS report, complied by Cockett Marine Oil Ltd. shows price ranee* in US dollars instead of tingle prices for a more comprehensive description of the market Prices shown are based on average sixed stem Market movements are indicated. The Cockett Bunker Price Index change and the773 words
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Article410 2002-07-12 35 Cvtoa m Ma 90*. 7 0.4 U.4 0.07 71 0.QJ 4 ■—«T Motor MmMw HMI.al.li tilaiot NoMowC2S 0 0 0 mim 90U 02 14.1 0J4 33 0.02 tnm 300 Mb 990.7 0.9 M.9 0.6 124 0M W Wo Bow 635 0 0 4 0 3 0410 words
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AIR & LAND transport
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Article, Illustration694 2002-07-12 36 Senate may also pass Bill despite opposition from the administration NYT [WASHINGTON] The House of Representatives voted overwhelmingly on Wednesday to let airline pilots carry guns in their cockpits, a move that the new Transportation Security Administration said six weeksNYT; AP - 694 words
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363 2002-07-12 36 Deli very firm may lose more business as deadline for onion talks nears- Bloomberg [ATLANTA] United Parcel Service Inc's US shipments fell 2.6 per cent in the second quarter as customers began shifting business to rivals in case there is a Teamsters strikeBloomberg - 363 words
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229 2002-07-12 36 Beth Jinks - Bu Beth Jinks [SINGAPORE] Singapore will invest more resources into developing aerospace manpower in its push towards being a "compelling hub" for aircraft repair and overhaul, according to the Economic Development Board (EDB). EDB chairman Tec Ming Kian cited existing aerospace229 words
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206 2002-07-12 36 Bloomberg [LOS ANGELES] The city of Los Angeles will double the number of armed guards working at Los Angeles International Airport after two people were shot to death last week. Mayor Jim Hahn, who had announced a plan to improve airport security a dayBloomberg - 206 words
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205 2002-07-12 36 [SINGAPORE] SriLankan Airlines will be the latest among Asian and other airlines flying into India's "IT capital", Bangalore. From Monday, the airline will offer three non-stop services weekly from Colombo to Bangalore, realising what it said was a "longheld dream". Singapore Airlines just received the205 words
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188 2002-07-12 36 Dow Jones Newswires [WASHINGTON] US Airways Group Inc's request for a US$9OO million federal loan guarantee has been approved with conditions, the Air Transportation Stabilization Board said. The board, established in the wake of Sept 11 to manage a federal loan guaranteeDow Jones Newswires - 188 words
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Article, Illustration519 2002-07-12 36 US retailers start stocking goods for year-end shopping Bloomberg [SINGAPORE] Korean Air Co and other Asian carriers shipped more cargo in June than a year earlier as retailers in the US began stocking up more electronics and other products, airlines and freightBloomberg; FILE PHOTO - 519 words
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Article1446 2002-07-12 36 an mow no man en *MBB» m9770 2230 XB MB tm fraattort 1*9762 0635 6*9T2 0005 $023 0(05 KU3* 222S LM»7*7 0635 IM9765 1230 6*975 1025 SOX 2345 S025 0635 SOU* 1230 BJ37 WO UW7M M45 IA7357 2250 III Ml MOM 0M5 r S0325 M45 OR1,446 words
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Advertisement53 2002-07-12 25 US House passes bill to allow pilots to carry guns Back page US Air's USs9om federal loan guarantee gets nod Back page Admiralty Casebook Injured seaman's claim can be heard in New South Wales Paoe 2 Thinking about penetration, exposure, results? if it's about Singapore's maritime community, think i ■353 words
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Advertisement559 2002-07-12 26 I TO UBA/CANADA I I tXPORT I |vissa wr| w|n»^ioK^|Mm|i«wn,|«»«|o«»o| l ß.Tat][~l| TO»Q«TaAll»|»u«n»AU**aiA tIgHMH OOanUM SSII M/WllWl IW 3W IW IW 3W 03/0 l Zkm «w I w»«ZTf MM T M M 1 ooaaaa 4201 14/071 17/071 02/01 oi/m vm 07/n nm iw |j 2 -SL". _!2 S 5? *L_559 words
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Advertisement830 2002-07-12 28 hmm' HYUNDAI MERCHANT MARINE CO., LTD. jjiMiHl« q up. I?Q*7HOOO<M ivbsb ww lai sm mm mm m rasa wr "soT ~ujT HmT ~mF ~i*i~ IoT TT '*/> 7 H/W journal MSI M/M Z7/M ii/m 71/04 14/05 MmSSS? n/ 7 H %l IMIM/M 17/ M M/M 11/ M 14/W Sl25F* >m830 words
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Advertisement516 2002-07-12 34 SSS S3 sas SSS S&SI naaiuo ma zmv imi/n oumo I ■ir ■■77. 888 I MUM 407 IS-14/07 HM/07 0142/00 I MgQjff #51 1619/07 ZS-Z7/V #544/00 I YOT ai imum m \iWv aWv nwv I oju|^^wiwi»wj^iwil ■imsswoTSf 541 int/w 23-25/07 oi-ovn I |waSM^^^S#o^lM7^^^3l4ty|^^oMMol Efcae SP —nSfe iSBb —iiSfcr ui 474516 words
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Advertisement58 2002-07-12 34 CONFER (S.EJL) SHIPPING PTE LTD TEL: *****068 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD IH7 JULY 20-28 JULY WRiCT MRVICtt TOk Mhn 9ut>Confeanl Mk*m. CkuMl Oartmi Kntfi CObntn Otera Tuloafel OoMi FvEal HoCh I** Nrton Hontfoia M—i IW n.— FCUICt SwvtcM Toe feaMfe 9ftw, Mom Eu«p»58 words
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Advertisement768 2002-07-12 34 i Inn -t \/u2. IfpZ UNES EZTesSSs I 6kwb 2m \i/%i mm nn u/oz aua rm u/»y aSTaMH/Sy ■snsiM?Tsr| »u ii/iy guoo 7\n j.i«/ 07 aiKi mi iy/ty twoa mi jy/jy wwi f«mfa>v ggWH 2274 a/07 «q 10/07 6— >152 Q/17 «P*2H2 n/17 resw j m l^j mh *2s/i7laswH 2274768 words
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Advertisement139 2002-07-12 34 WHHSBBi >5jK n;;:kkifr<gM':)k»':Wi!t''l UEAKBUUC A CONVENTIONAL SERVICE MtECT SBtVKS FROM STORf TO KAftACHI I»BM warn ra mmwb HI umi ~Hm~ nwm km MM? SEA-PAC MANAGEMENT PTE. LID. 70 Anaan Bead $17-07/09 Apn Twwr, fingnpon *****5 LJU Tefaplw* *270 0977 V rmriiiJU. 6273 3309 Mw RS ***** BAMC DtCT MN NAMEO,139 words
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Page 35 Miscellaneous
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Miscellaneous139 2002-07-12 35 W 24. 'flr MUBnti/BA '^-J^ /i >J|t UP* JsC v I l>. r>*~LEGEND: Issued by Meteorological ServiceVDTvlsion, NEA R Thunderstorm A Showers Rain Temperature C~/ Wind direction and speed in knots Cloud, 0„ W U Wind speed symbols Sea Conditions. O Full circle w/o line indicates calm or light and139 words
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