The Business Times, 25 July 2002

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Microfilm: NL24512
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 THE BUSINESS TIMES MITA (P) OKVW/2002 BSC SINGAPORE Internet: http://business-times asial .com.sg THURSDAY. JULY 25. 2002
    16 words
  • Article
    Lock icon MARKET SUMMARY
    74 1 nm mm UHUM (-42.82) nsrnMi man mm UMuM (-69.06) kJ rilhawa mums mm w*m (-8.30) WWMUIgyiMW Wedawday Chaofe KLSECOMP 711.11 -m IQKKB 22* 1947.72 -267J1 HANG SENG H97LW 441J0 SET INDEX 374.44 -13*2 JAKARTA COMP -460.(8 -17.06 MANILA COMP .1,***** -9.92 TAIPEI WPI fi.9M.48 -119.75 SEOUL COMP 731.41
    74 words
  • Article
    Lock icon FINANCE
    61 1 FOBRXBATES US9 St USJ (S) per US$) L7« per 1J44 .1719 El BO(US&S»/D .MM L7J7 YEN 117.4 17 JO KM IM 1178 an im 4i7t BAHT III! W7 1UPIAH MM (.162 PIOKE KATES SINGAPORE* 62* KUALA LUlfPUR 14* HONGKONG 5.126 JAKARTA MM TAIPEI ittft TOKYO _1J76 SEOUL ili FRANKFURT
    61 words
  • Article, Illustration
    Lock icon Stay risk-averse, edgy S'pore investors told
    670 1  -  Dow swings from over 150-point loss to 230-point gain by noon By. Angela Tan [SINGAPORE] Wall Street, still reeling from a nearly 400-point plunge on Friday, got a respite yesterday morning as blue chips rebounded strongly. After a jittery opening during which the Dow
    670 words
  • Article
    Lock icon Nikkei dive revives fears of Japan bank crisis
    703 1  -  Banks face massive stock losses and have little buffer in their own capital FYom Anthony Rowley m Tokyo THE spectre of a banking crisis loomed again in Japan yesterday as the Nikkei 225 stock average dived below 10,000 points for the first
    703 words
  • Article
    Lock icon HK to speed up stock listing procedures
    552 1  -  New measures a move to attract top companies from Taiwan and China Froml Audrey Tan in Hong Kong HONG KONG will simplify and quicken its listing procedures, in a bid to attract more Taiwanese and mainland firms to list on its bourses, newly
    552 words
  • Article
    Lock icon MAS reviewing guidelines on car financing
    335 1  -  -iflexclusive Decision on loan limits may come in a couple of months By* Christopher Tan [SINGAPORE] The Monetary Authority of Singapore is examining current guidelines on car loans to see if they are still relevant, and could come to a decision soon. In response
    335 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      93 1 DfgXDB jtef*-,. People* Park Complex shop letches $6,193 pet. Ff* Top Stories KepLand to cut price for residential project relaunch. ».<yt Qian Hu reports 83% jump in H1 profit. Pg 8 .v Del Monte interim gain up 15%. Pg Commercial rules for HOB bank loans. Pg 7 I £j Make
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      Lock icon Page 1 Advertisements Column 2
      170 1 BizlT Creating a climate for e-trust Kenneth Jameb Paqe 18 tavMtontm to homes, bonds, cash, Next Page i— Is this bear market different? Pg 4 US market downturn may spread, Pg 15 LUC Heir to a proud watchmaking tradition LU C Sport. Self-winding chronometer, double spring barrel LU C Twin*.
      170 words
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      Lock icon Page 1 Advertisements Column 3
      8 1 Double ear growth rate, govt urged, Next Page
      8 words
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Saying it like it is
        105 2 IN a recent issue, US investment newsletter The Right Side Weekly had some pretty sharp comments about what's going on in Washington and Wall Street: "The easy thing for our government to do is bust crooks who hold up party stores for US$lOO. However, if
        105 words
      • Article
        Lock icon eBay flying high
        104 2 IF there is a wrenching recession out there, it is certainly not being felt at eßay, the rising on-line auction company that's being touted as the newspaper classifieds killer. It bought a US$3O million used corporate jet last month to fly four of its top executives who
        104 words
      • Article
        Lock icon On CPF changes and property
        60 2 RESPONSES to our 011-line poll: The latest CPF proposals will make people think twice about buying a property. Yes, CPF is the main financing method for most property buyers: 44 per cent No, Singaporeans will always want to upgrade: 39 percent Who cares about buying
        60 words
    • Article, Illustration
      Lock icon Double car growth rate, govt urged
      421 2  -  Otherwise, car ownership target won't be met, says panel By* Christopher Tan [SINGAPORE] The rate of vehicle population growth must be at least doubled if the government is to meet its 2010 target of raising car ownership, a panel has recommended. The government has
      FILE PHOTO  -  421 words
    • Article
      Lock icon Wary investors turn to homes, bonds, cash
      948 2 Id the last lVi mths, investors sold 1.5% of total stock mutual fends in US NYT [NEW YORK] Some people have temporarily turned to the safe haven of cash. Others are hoping that real estate or bonds will be the coming decade's version
      NYT  -  948 words
    • Article
      Lock icon Some strategists see hope as investors toss in towel
      594 2 Print of ultimate pessimism can also ■Man bear market bitten is near NYT [ATLANTAJ As the bear market drags on, shellshocked investors are no longer responding to good news the way they used to. The current bear market has become the
      NYT  -  594 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      195 2 For Sale Off YUhun Avenue 7 Br Part 1/part 3-«torey detached factory with 5-storcy ancillary office Corporate facade Site area: 80,962 sq ft Gross floor area: 104,432 sq ft HDB 30+30 years wef 01/10/1994 Fully-fitted office Near Yishun MRT station O Jean Liow 9638 9433 Sole Marketing Agent IQJE Debenham
      195 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon KepLand to cut price for residential project relaunch
      698 3  -  It reports an expected HI net profit fall of I<LB% tos43-8m Byy Vince Chong KEPPEL Land will reduce the price of a residential project slated for relaunch this year, despite market optimism that downpayment changes to private property purchases will improve homebuying
      698 words
    • Article
      Lock icon Keppel denies talk of Keppel T&T buyout
      174 3 Reuters KEPPEL Corp yesterday dismissed rumours it would buy shares of Keppel Telecoms and Transportation in the open market to begin taking the unit private. Keppel T&T shares surged 6 cents to $1.01 yesterday, bucking weakness in the market, on talk its parent
      Reuters  -  174 words
    • Article
      Lock icon Analysts expect Keppel Corp to post 18% rise in H1 profit
      312 3 Reuters KEPPEL Corporation Ltd is expected to report sharply higher first-half profit today, boosted by robust offshore, marine and other businesses. Four analysts polled by Reuters gave an average net profit forecast of $174 million for the six months
      Reuters  -  312 words
    • Article
      Lock icon Bearish analyst ups property sector rating
      500 3  -  Merrill's mm follows new rule on downpayment By Kalpana Rashiwala ONE of Singapore's more bearish property analysts, Merrill Lynch's Benny Chew, has upgraded his rating for the property sector from "underweight" to "overweight" following the government's move to allow CPF funds for half erf
      500 words
    • Article
      Lock icon ST Engg makes successful bid for US shipyard
      248 5 Reuters DEFENCE conglomerate Singapore Technologies Engineering said yesterday it put in a successful bid of US$66 mUllon for Halter Marine, the troubled shipbuUding arm of US-based Friede Goldman Halter. Analysts said the move was in line with the group's stated aim of
      Reuters  -  248 words
    • Article, Illustration
      Lock icon Qian Hu reports robust rise in H1 profit, revenue
      361 5  -  Export of Dragon Fish to Taiwan, sale of accessories boost earnings 83% By] Kalpana Rashiwala QIAN Hu Corp yesterday reported an 83 per cent jump in first-half group net profit to $2.9 million on the back of a 40 per cent
      361 words
    • Article
      Lock icon Teledata shareholders approve rights issue
      377 5  -  Shareholder voices concern* overissue, asset disposal By Serena Ng RESOLUTIONS on a rights issue, a capital reduction plan and asset disposal by government-linked Teledata (Singapore) were passed yesterday at an extraordinary general meeting attended by just a handful of minority shareholders. Kevin Scully, who is
      377 words
    • Article
      Lock icon It's quality content, not frequency that matters
      666 5  -  r*T??J lock siew angela tan STARTING next year, aU companies listed on the Singapore Exchange win have to report their financial performance quarterly rather than half-year-ly. The quarterly reporting disclosure assumes that investors need to be kept better informed of corporate activity on
      666 words
    • Article, Illustration
      Lock icon Del Monte interim gain up 15%
      244 6  -  Higher volume, improved pricing of products helped raise performance By] Rachel Ong FOOD and beverage group Del Monte Pacific yesterday said its half-year net profit jumped 15 per cent to US$l3.6 million. Turnover rose 5 per cent to US$B4.7 million despite fiat sales volume.
      244 words
    • Article
      Lock icon Flextronics completes NatSteel Broadway buy
      166 6 Bloomberg FLEXTRONICS International, the No 2 maker of electronics equipment for brand-name companies, has completed its purchase of rival Nat Steel Broadway Ltd (NBL) for $653 million to boost its manufacturing capacity in China. Singapore-headquartered Flextronics, which is listed in the US, will pay $3.23
      Bloomberg  -  166 words
    • COMPANYBrief
      • Article
        Lock icon Nera Elec IPO 20 times subscribed
        44 6 NERA Electronics Ltd (NEL) said baaed on the 18 million offer shares available to the public ft>r subscription, its initial public offering was about JO."! times subscribed. NEL shares will start trading on the SGX Main Board today.
        44 words
      • Article
        Lock icon Cerebos Pacific unit to sell business
        75 6 Reuters SINGAPORE-BASED Cerebos Pacific Ltd yerferday a unit has agreed to sell a joint venture drinks business to Coca-Cola Amatil (NZ) Ltd and Tin Coca-Cola Co for about NZ$4O million (5932.4 million) Caroboa Pacific's unit Cerebos Gregg's Ltd, which holds SO per cent ofthe
        Reuters  -  75 words
      • Article
        Lock icon UOB stake in Thai unit up to 78%
        109 6 Reuters THAILAND'S UOB Radanasin Bank, a unit ofUnited Overseas Bank, said yesterday it raised IJS billion baht(Ss6S.2 million) from a rights issue that would be uaed to extend new loans. Panitl Chantanakomes of UOBR's secretariat and legal department said after the rights
        Reuters  -  109 words
      • Article
        Lock icon Penton Int'l chairman resigns
        53 6 PENTON International Ltd announced the resignation of Christopher John Culley m chairman of the board from Tuesday. Mr Culley will remain as a director of the company. It also announced die appointment of Earl E Payton as a director and new chairman of the board from
        53 words
      • Article
        Lock icon Seksun denies talk of new share issue
        61 6 SEKSUN management has denied market rumours that it was planning to place out new shares aa a fUnd raising exercise was carried out in 1899. Moreover, it has 124 million cash in hand which is sufficient fixexpansion requirements. The denial came as the
        61 words
    • Article
      Lock icon Environmental reporting wanting: ACCA
      175 6 Only 14% of firms surveyed gave some form of disclosure SINGAPORE-LISTED companies are still lagging in environmental reporting, according to the Association of Chartered Certified Accountants (ACCA) Singapore. Out of 160 listed com- panies it surveyed, only 23 or 14 per cent undertook some form of
      175 words
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      Lock icon Page 3 Advertisements Column 1
      24 3 I Or 3^|^-^~ A 'KMc I'stS/ H> \>- Jfe'ilftr'^ I K&. T yFv*«L •i -AS W vi'l B > «8' w^B?.~-A-gHur- tttiMMwit JMJfef> gMJ-iagEaaratJiW^i3b^i^fea^afc :^a'gii^ca^ißtr, J
      24 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      274 4 OTHER SINGAPORE INDICES ,**24 VALUE CLOSE -741.00 -108.00 WW -*****.00 -207.00 ITIHylW -*****.00 -74.00 410.85 -1Q.95 mmmmBrnI 128.99 -7.12 WBjrifciFli 1349.89 -33.30 lf|<to«hwp 416.99 -14.92 IBOfcppw 190.83 -5.60 Chart SemiCond 26c... 17.267.000 ChinaAvOii 5c 14.634,000 Datacraft 10c 14,004,000 CapitaLand 11,674,000 BIL IntI US20c 11,228.000 NOL 10,490,000 QianHulOc 9,782,000 SingTel 15c
      274 words
    • Article, Illustration
      Lock icon Eu Yan Sang: small cap with good business, earnings
      283 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan MAINBOARD-listed Eu Yan Sang is one of those fundamentally strong small-cap counters which has not been noticed by the market. The stock closed half a cent down at 28 cents yesterday. The stock was floated
      283 words
    • Article, Illustration
      Lock icon Is this bear market different?
      770 4  -  STOCKS r. sivanithy S T'S different this time" was a popular W refrain at the top of the tech boom, used by now-unemployed ana- lysts to justify sky-high prices and the absence of earnings. Subsequent events have proved just how misplaced that refrain was. You
      770 words
    • Article, Illustration
      Lock icon US$ ignores Wall St, makes solid advances
      620 4  -  m JI comment CURRENCIES Selling by financial players forces gold to fall by more than US$lO larry wee THE US dollar continued to make solid advances across a broad front yesterday, even though Wall Street's slide continued unabated on Tuesday. The Nasdaq Composite
      Source: Reuters  -  620 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2409 4 UNIT TRUSTS FUNDS AMAaraAaaatMft(s>ora) Star Europe E<*y1« 0.98V StarEuopeBd i joe/ SHrFjnp.Kjl 0J1# 0.744 Star Ana Bond 1.244 Star Asia Balanced 084V Star Global Tectrxjlogy Fundi** 0.15V Star Bhv Finance Japan Fund'" 0.75» Star Ma BondftJSO)... 0.71V m Gavrt (Ma) LM. Gcwett Ana Pac Growth 113VM95 Gow« Global Van* 0
    2,409 words
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      Lock icon Page 5 Advertisements Column 1
      70 5 II S&Sfi ,:Ifl fi I .^fe/'., I |U i L |,tfi ihi illii 1 M in 11 mBBpi| B r 1 IgT B [«fSllllH J If Huayiyn 7:V v:V^^- £&<' *s*B}* v-£ -1 i-.' -,y_iJ<a»"-. r-" •'*»>£♦;•: S"^^WlilßWli^HWMwnHMllWlllllßHn«l|ltWmllß^^M^^^BS 1"7 Jg 4 -V'-'-vS; <* J 'viiSF .^^^^HMHHMMBHHMH|l|MKMNA|M|a|B|BaHHlß||Bj|jßA|a|||^^^^H J f K.- M
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      263 6 A CUSHMAN 69 WAKEFIELD® FOR SALE BY TENDER 305 ALEXANDRA ROAD I Land Ana 74,599 sq ft (6,930.58 sm) I PL r- n Gro«» Floor Ai»« 78,792 sq ft (7,320.40 sm) II I t if.j p* f HDB 99 Nominal land rent Sale with vacant possession leaseback. Redevelopment potential T»ndw
      263 words
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      Lock icon Page 6 Advertisements Column 2
      449 6 nera) 1 I Nera Electronics Ltd I (Incorporated in the Republic of Singapore) I I Initial Public Ottering fl Imitation in reapect of 90.000.000 ordinary slum of SO.OS oach comprising 30.000,000 New Share* and 60.000.000 Vaador Sham as Meat:- I A *****.000 Oftar Shares at 9933 tar sect) Oltar Share
      449 words
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  • SINGAPORE news
    • Article
      Lock icon ST Engg, police win awards for business excellence
      225 7 TWO organisations one from the public and the other from the private sector— collected the Singapore Quality Award (SQA) for business excellence last night. The award, in its ninth year, was presented to the Singapore Police Force and Singapore Technologies Engineering by
      225 words
    • Article
      Lock icon Commercial rules for HDB bank loans
      639 7  -  Bnt proposed changes will only affect minority of buyers Byi Quak Hiang Whai UNDER proposed changes to HDB rules, those who take commercial loans from banks to buy public flats will have to deal with the banks on a purely commercial basis, Minister of
      639 words
    • Article, Illustration
      Lock icon Enter the dragon before 2005, Chinese official urges
      395 7  -  Byi Adeline Chia IF you want to do business in China, make your move before 2005. "As time passes, more and more international companies will come into China and it will be crowded... Go before 2005, or even with the money in
      PHOTOS BY CHRIS LOH  -  395 words
    • Article, Illustration
      Lock icon UK spells out benefits of buying Typhoon fighter
      606 9  -  m exclusive It will boost links with 4 nations that are building new generation fighter From', David Boey in London A DECISION by Singapore to buy Eurofighter Typhoon warplanes could boost its links with the defence industries of four European nations, says
      AP, AFP  -  606 words
    • Article
      Lock icon Jobs outlook remains gloomy
      304 9  -  I 3on the economy wages By i Anna Teo MORE firms froze wages and cut salaries in the second quarter of the year compared with six months earlier at end-2001, according to a survey 0f333 companies. And looking ahead, the outlook does not appear rosy, says
      304 words
    • Article
      Lock icon Cost control a top priority, say finance leaders
      183 9 THE world's financial industry will continue to consolidate and cost control will remain a high priority, leading financial figures said here yesterday. The finance bigwigs, members of the International Advisory Panel of the tary Authority of Singapore also said Singapore should continue
      183 words
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  • EXECUTIVE suite
    • Article
      Lock icon Cashing in on 'dead' space
      406 8  -  By. Andrea Tan RENTING out an auditorium and space for candy floss and drink vending machines these are some of the non-traditional sources of income for landlords. Singapore's landlords are no longer just leasing out office or retail space and collecting rents. To boost the
      406 words
    • Article
      Lock icon Shop fetches $6,193 psf
      398 8  -  Dearest deal in 12 months attributed to its proximity to the new Chinatown MRT Station, report Mum and Rachel Qag Kalpana Rashiwala, Rachel Ong A 129 sq ft first-level shop unit at People's Park Complex has changed hands for a whopping $6,193 per sq ft in
      398 words
    • Article, Illustration
      Lock icon Loo that smells of big bucks
      170 8 AP [LONDON] A former public toilet with a beautiful view of a beach has become the latest example of England's overheated real estate market. The 140 sq foot former men's and women's bathroom overlooking the coast in Dorset, southwestern England, went on the market
      AP  -  170 words
  • Article
    Lock icon New homes for sale
    513 8 OeVELOe0VO*NB» DISTRICT LOCATION > SIZE TOTAL UNITS NO. OF PfflOE TENURE LM.'n.f.f.Tn *»«> LAUNCHS) UMTS SOLD (Sprf) Bhi Hoitwn FEO 5 West Coast Crescent 904-1,227 503 n? 550 99-yr KllHlfc j l Algraan 8 Beatty/StardeeRd 000-2.787 170 30 480 90-yr 4 Oaknoral RiiUmom MCLLand 10 Balmoral
    513 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      376 8 Jones Lang w I.aSamb. at Amber Road 3 land parcels with a total area of jp,V 28,409 sq. ft appro*. a w Invitation to buy lor 2 or 3 parcels Potential to develop up to 36 storeys, 2.8 Plot Ratio Close to reputable schools, eateries, -urshopping and recreational facilities FOft
      376 words
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      Lock icon Page 8 Advertisements Column 2
      26 8 ranq mahal Buffet Lunch. Noon to 2.30pm Dinner 6.30pm to KUOpm (Closed for lunch on Saturdays) fcr mtnrnmm, cal m at («5> tm rm vtaMIUDMO 1
      26 words
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      Lock icon Page 8 Advertisements Column 3
      37 8 "Fantastic value! icon enioy satods. ice creom, local desserts*. ice kacang and tausuonp<u fresh fruit hrorkf J A* pricm*** fittHj wtU *****5 W Ti *****088 (W 6543 0033 terra. Windsor U—J WH.B~ d, ,I» p »>. p*. LU>
      37 words
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      Lock icon Page 8 Advertisements Column 4
      71 8 ■ttHHBIHBH Exotic Sri Lanka... A Spicy Thrill 25 July 4 August 2002 Catch Sri Lankan diets in action and creative craftsmen at work. Enjoy rousing musicby the Calypso Band! Buffet Lunch; 12:00 noon to 5:00 pm $28.50*-++ (Adult) $17.50+++ (Child) Buffet Dinner 6:30 pm to 9:30 pm $32.50*++ (Aduk) $19.50+++
      71 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      164 9 TODAY, FRI, SAT SUN AT IMI CARLTON HOTEL ESPLANADE ROOM "LEVEL 4,76 BRAS BASAH RO investment areas; Plus FREE investor pack w f BOOKINGS ESSENTIAL Learn How To Start A Business And Make It A Success. SB IJctohTtawJ. 1 s^s£? tn,i,,u H A nomotaliaaoua rotorsoaa FMm> •Mifmlmm atudtaa |A M<ktd
      164 words
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      Lock icon Page 9 Advertisements Column 2
      814 9 lUj'.i.r^iLand I Keppel Land Limited I (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE HALF-YEAR ENDED 30 JUNE 2002 ended f lk>Win9 unaudited resufts the Group and the Company for the half-year GROUP COMPANY 2002 2001 2002 2001 SS'OOO SS'OOO SS'OOO SS'OOO Turnover 138,097 137.122 Operating profit/(loss)
      814 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon A media study shedding light on attitudes
      754 10  -  mTT4 bottom line OPINION frank ching The writer is a Hong Kong-based journalist and commentator A STUDY of the Chinese media, commissioned by a bipartisan American congressional panel the US China Security Review Commission has found the controlled Chinese press, in its reporting
      754 words
    • Article
      Lock icon IN OTHER WORDS
      59 10 'A rate cut would be worse for the markets than doing nothing. For the Fed to ease at this point would be a signal they're losing confidence.' -Jams Own an economist at JP Morgan Chase Securities, on the likelihood that Federal Reserve chairman Alan Greenspan will reduce
      59 words
    • Article
      Lock icon Umno's Malay dilemma
      555 10 EDITORIAL DESPITE regaining a parliamentary seat in the Malay heartland state of Kedah, Prime Minister Mahathir Mohamad's United Malays National Organisation (Umno) party would have deep concerns about the two recent by-elections. Even in defeat in the federal ward last week, the theocratic Parti Islam Se-Malaysia (known
      555 words
    • Article, Illustration
      Lock icon will it take a war to unite East Asia?
      964 10  -  The region is toying with integration schemes such as currency swaps or FTAs while potentially dangerous rivalries continue to build From Anthony Rowley The writer is BT's Tokyo correspondent m Tokyo DOES East Asia need another war? The question may seem
      AP  -  964 words
    • Article
      Lock icon Beware of fouling the mood more
      833 10  -  COMMENTARY That could have disastrous economic consequences By] Robert Samuelson The Washington Post Writers Group EVEN 15 or 20 years ago, the stock market remained an economic sideshow. Its rises and falls often signailed economic turns, but the market itself wasn't a large force
      The Washington Post Writers Group  -  833 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Tajudin's associate in off-market TRI deal: dealers
      369 11  -  Beringui Murni could have exercised option From Eddie Toh in Kuala Lumpur A BLOCK of Technology Resources Industries shares changed hands at just RMI apiece in an off-market deal yesterday, sparking talk that an associate of ousted tycoon Tajudin Ramli has exercised a
      NSTP  -  369 words
    • Article
      Lock icon Ex-Motorola Malaysia chief made CEO of TRI
      142 11 KUALALUMPUR Dow Jones Newswires MALAYSIA'S Technology Resources Industries yesterday appointed Mohamed Yunus Ramli Abbas at chief executive effective Sept L confirming m recent Dow Jones Newswires report Mr Yunus, 53, is currently the chief executive of privately-owned Encorp Group. Prior to that he
      Dow Jones Newswires  -  142 words
    • Article
      Lock icon Thai Cabinet nod to turn TOT into new corporation
      249 11  -  From] Harish Mehta in Bangkok THAILAND'S Cabinet has approved plans to turn state monopoly Telephone Organisation of Thailand (TOT) into a new TOT Corporation with 270 billion baht (5111.4 billion) in assets, ahead of its privatisation later this year. TOT, which
      249 words
    • Article
      Lock icon Pertamina, Petronas close to sealing gas deal
      265 11 JAKARTA Reuters INDONESIA'S state oil company Pertamina said yesterday it had agreed in principle with Malaysia's Petronas to supply natural gas to Malaysia from South Sumatra province. "We have agreed in principle with Petronas to supply the gas. There are just technical matters
      Reuters  -  265 words
    • Article
      Lock icon Key M'sian Plantations holders to sell stake
      205 11 KUALA LUMPUR Reuters TWO major shareholders in banking group Malaysian Plantations are keen to sell their combined 30 per cent stake, possibly paving the way for a new entrant into the sector, a website reported yesterday. Theedgtdaily.com said Tiangkah Rahagia and businessman Lim
      Reuters  -  205 words
    • NOTEBook
      • Article
        Lock icon YTL Power denies UK merger report
        80 12 Dow Jones Newswires [KUALA LUMPUR] YTL Power International yesterday denied a UK news report that it was examining proposals for a £2.7 billion (517.3 billion) merger with Pennon Group pic. In a statement to the Kuala I Jimpur Stock Exchange, YTL Power noted that
        Dow Jones Newswires  -  80 words
      • Article
        Lock icon KL to name 3G winners on July 30
        113 12 Reuters (KUALA LUMPUR] Malaysia will name the winners of its third generation (3G) mobile phone licences on July 30, industry regulator Communications and Multimedia Commission said yesterday, amending an earlier statement that the announcement will be made on July 31. Commission chief
        Reuters  -  113 words
      • Article
        Lock icon Equiable PCI returns to Q2 profit
        84 12 Bloomberg [MANILAJ Equitable PCI Bank, the third largest Philippine lender, returned to second quarter profit and said Aill-year net income win beat itssoomillion pesos (BH7-2 million) estimate because of increased leading and fewer bad loans. The bank returned to second quarter net income of
        Bloomberg  -  84 words
      • Article
        Lock icon China unicom revives purchase plans
        115 12 Bloomberg [BEIJING) China Unicorn Lid, the country's No 2 cellular operator, revived plans to buy mobile networks this year fteui its state-owned parent, which needs money to repay bills and upgrade systems, a Unicom official said. The purchase, originally scheduled last year, was delayed by
        Bloomberg  -  115 words
      • Article
        Lock icon 17% Q1 net rise seen for India's HDFC
        85 12 Bloomberg [BOMBAY] Housing Development Finance Corp, India's biggest home mortgsge lender, will probably say first quarter net income rose 17 per cent ss more homebuyers borrowed money to take advantage of tax breaks. Housing Development Finance Corp's net iaaoasfnbabiy rose to 1.33
        Bloomberg  -  85 words
    • Article
      Lock icon Ibra gets 17.7t rupiah from loans sales
      523 12  -  But amount is significantly below its 22t rapi&h target Prom Shoeb Kagda in Jakarta INDONESIA'S Bank Restructuring Agency (Ibra) yesterday announced that it had raised 17.7 trillion rupiah (553.4 billion) from its loans sales programme, significantly below its 22 trillion rupiah target. Touted
      523 words
    • Article, Illustration
      Lock icon Disney to mull China park after HK's opens
      208 12 AFP [HONG KONG] Walt Disney International will consider building a theme park in China but only after opening the one planned in Hong Kong, a government spokesman said yesterday. "We understand that Walt Disney Co has not reached any definitive decision regarding
      AFP; FILE PHOTO  -  208 words
    • Article
      Lock icon Wait for cell phone licence frustrates China Telecom
      513 12 HONGKONG Bloomberg SEVEN months and counting, China Telecommunications Corp, China's largest fixed-line phone company, waits for its mobile phone licence. The hitch: China has not chosen which technology to require, and those making the decision will soon lose their jobs. The holdup
      Bloomberg  -  513 words
    • Article
      Lock icon Taiwan insurers get nod to open China branches
      250 13 TAIPEI Reuters TAIWAN'S cabinet has permitted local insurers to set up branches or subsidiaries in China, and allowed banks' offshore banking units (OBUs) to finance Taiwan firms on the mainland, the Ministry of Finance said yesterday. "The cabinet approved on Tuesday our
      Reuters  -  250 words
    • Article
      Lock icon Taipei cracks down on China chip investments
      553 13 TAIPEI Taiwan firms told to quit unapproved deals or face bond issue ban, jail term Reuters TAIWAN has ordered local Arms to withdraw unapproved investments in computer chip companies in China, threatening violators with imprisonment for up to five years. But executives said
      Reuters  -  553 words
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      285 11 ■OOY CA>! PTE LTD (IN C*EWTO«S' VOUJNTAtY LIQUIDATION) NOTICI OT MEETING OT CKEOfTOHS Nofc# is haraby gnan it** pursuant to Saction 296 of ihe Companies Art, Cap. 50 that a Mealing of the Creditors of the obonamenaoned company w0 be Md at HA A"*lf S*eet, tlnaap ara ***** a on
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      275 11 hi The Matter Of The Coaapaaiea Act, Cap. 50 Aad la The Matter Of ASIA WORKS PTE LTD NaUce af CMttn' Maaftw Pwwl T SacH— mot The Ceopaaiea Act Cap. 58 NOTICE It harahy tfvca that amaal 1 Cap. 58, a awetlag oT the creditor* ot tiM ikorauatl Cnpu; will
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      275 11 ha lha Manar at *nri In rtia Munaj WAM SCNO PIANID HMD PTI LTD (In Vbhmlary Uouittaoftl MCAMOS VOWNTAHY WINDING AI am Ertoofdhory Ganarol Maafcng oi —ol lha obevaaomad company duly caaaanad and haid an Itoh Juna 2003 Mm Q —i i ifll inilinniiilin—in»a toSacfcnl79(A|ol«toCompania.Ad.Capja SPfQAI RCJOU/nON ttSOlVfDv (at Tta
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      175 11 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JAEMAS INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTia IS HEREBY GIVEN pursuant to Saclion 308( 1) of lha Companies Act, Cap. 50, lhato Final Mailing of lha Members of lha abovenomed
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      181 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTES OF LiAN HONG MARBLES TRADING PTE LTD (IbMmliim'Vl Imj NOTICE OF FINAL MEBTINr. NOTICE IS HEREBY GIVEN pursuant lo Section 308 of the Companies Act, Cap. 30. that the Final Meeting of the Members of the abovenamed
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  • Article, Illustration
    Lock icon FINANCE
    805 12 Transaction date: Jul 24 A**mMßutes>i)irShortl-3)f*L»«>3rs DHTBEBAMK CE088 KATBS m mm* *rn m mm w mux w 4473 IMUNZUH 4MB UB U33 2J40 UM 32J74 2TJ44 0J40 1301 OlTM MOP 222C7 0l345 0J3V R_ <w 5U* %M um im L400 UM 37JR ***** UK MM UM 2UB MOM MM MB
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      463 12 National Bank and Subsidiaries A^HDMemba^HMOTwMi^omparativeFlgMS^b^SM Receivables from customers #6,786,168 #9,026,085 Cash and other Cash Name 2,640,893 #2,843,485 Tracing and investment securities 3*879,176 3136,617 Due from BsngkoSenlrMngPMplnee 2,197,778 6,111,172 Deposits with banks and others 674j888 2.978.897 Duafctm.OMiarßanfc. 8*68*85 5.999.724 ***** 03? 15.144.599 Interbank Loane flecctvabls 4*27,711 2.172,343 MTEREST EXPENSE ON: Secmltlee
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  • Article
    Lock icon COMMODITIES
    1179 13 M0UMMJTUM8 WltiSl" i,lei, ee dm VoIwm «M *25 W U» Utt (I—w) MM mao 2?» £L& i* *•*02 M2.7S tSS3«5«*v*> ntmm 0m u» tin (t—t) Hfn* SS*tt 55 650 79.75 1350 02 *0-50 71.00 78.50 WO 2250 ■"»°2 «J0 78.00 7150 BOO 2175 TStroortcwtVtaD VotMM Open *5® H* Lo»
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      733 13 Royal Clicks Limited (Incorporated in the Republic of Sing*x>re) Registered Office: 190 MacPherson Road #07-08, Wisma Gulab, Singapore *****8 NOTICE OF TWENTY-FOURTH ANNUAL GENERAL MEETING JlP T SLIL H REBY GIVEN THAT Twenty-Fourth Annual General Meeting of the Conpany wiN be held at 190 #09 00 VK CKjb Wisma Guteb
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  • WORLD news
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      Lock icon Economy worries US firms, people
      572 14 WASHINGTON Surveys show fears that things could get worse for US economy Reuters, AFP LARGE US multinational companies do not foresee a business turnaround until next year, while the majority of Americans believe the US economic situation is bound to get worse, according to surveys.
      Reuters,; AFP  -  572 words
    • Article
      Lock icon US accounting reform bill finalised
      395 14 WASHINGTON Adopted: Senate bill's stricter oversight of auditors, House's tougher penalties Reuters US lawmakers yesterday reached final agreement on a massive corporate reform measure, preserving much of a Senate bill requiring stricter oversight of auditors but adopting stiffer criminal penalties passed by the House. Republicans
      Reuters  -  395 words
    • WORLDWatch
      • Article
        Lock icon Adelphis ex-CEO, 4 others arrested
        62 14 Reuters [NEW YORK] Five former executives of troubled cable operator Adelphia Communications Corp were arrested on federal charges, including at least two members of the company's founding family, sources said yesterday. Vomer chief executive John Rigas and his eon, former chief financial officer Timothy Rigas,
        Reuters  -  62 words
      • Article
        Lock icon Swiss Exchange ends tecks se
        35 14 Bloomberg [ZURICH] The Swiss Exchange, citing a lack cfiPOa. onTueaday gave up out segment fbr technology-related companies to tiN Naadaa Stock Market three years to the day of its creation
        Bloomberg  -  35 words
      • Article
        Lock icon Abbey National's H1 net down 36%
        41 14 Bloomberg [LONDON] Abbey National pic, the UK bank (hat last week fired its CEO, said first-half earnings declined 35 per cent after sstt m aside 1371 mflHnifm qg SKSKSSSKSSBt* or 47.4 psoce, in flie yearfffcwwiflej
        Bloomberg  -  41 words
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        Lock icon Japan's June trade surplus up 71.4%
        46 14 [TOKYO] Japan's exports grew for a third north in June. Its customs-cleared trade surplus widened for straight nnrnth, rising by Tl.tpsrcaiit in J®® torn■ yw MBtter to 1.3 trillion yea (Stlftj bunon>aa exports rose SJ per cent and imports ftfli.l
        46 words
      • Article
        Lock icon Prudential's H1 profit falls 10%
        57 14 Reuters [LONDON] Prudential pic posted a 15 per oent drop in half-year operating profits yesterday, inject £300 million (*****.2 million) of new capital into US unit Jackson National Life. It reported an faffed operating profit of £543 million for the flnt half of this year,
        Reuters  -  57 words
      • Article
        Lock icon GiakoSmithKline Q2 profit up 10%
        41 14 Bloomberg [LONDON] GlaxoSmithKline pic said Its second-quarter profit Increased 18 per cent Net income rose to £1.2 billion (Ss&3 billion), or 19 7 pence a share, compared with £1.02 billion, or 1W pence, a year earlier.—Bloomberg
        Bloomberg  -  41 words
    • Article
      Lock icon Merrill to use GAAP method
      391 16 NEW YORK It says move net linked to case NY State AG brought against firm Dow Jones Newswire IN what was seen as the first move of its kind, Merrill Lynch Co said it will begin requiring its stock analysts to submit corporateearnings estimates based
      Dow Jones Newswire  -  391 words
    • Article
      Lock icon Pitt's request for pay rise rejected
      223 16 Dow Jones Newswires Reuters, [WASHINGTON] The White House yesterday dismissed a request by Securities and Exchange Commission chairman Harvey Pitt for a raise and a higher profile, calling it a "potential distraction". Mr Pitt, under fire for his ties to the accounting industry at
      Dow Jones Newswires; Reuters,  -  223 words
  • Article
    Lock icon STOCKS ASIA
    3941 14 Transaction date: Jul 24 for mare, go to uwwxisiaonenmarketsjoom HONG KONG Mi w- tmb —012 -04)1 ISO AJiaii it W*nqOi~ .04)5 unch **0 Sp££?!==i!i 35 2 3uS tB ATCOOWO Corp 0.17 >0 07 470 11 -0J0 35 1t15 -0-40 1107 MOfEatMl 15.10 -0.50 2642 M Saifto lada 8M
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      19 14 Fire/Consequential Loss Marine Cargo Motor Workmen's Guarantee Mone V Machinery Equipment Public Liability Surgical T€fßT Company Visit www. tenetinsurance.com
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  • FOCUS markets
    • Article, Illustration
      Lock icon US market downturn may spread to other economies
      638 15 WASHINGTON Concern that Wall St may undermine US recmry leads to renewed talk of a global malaise LAT-WP, Reuters AS steep as the drop in US stock prices has been, many markets overseas especially in Europe are far ing just as badly
      LAT-WP,; Reuters; Source: Bloomberg  -  638 words
    • Article
      Lock icon Much-criticised O'Neill meets Wall St execs
      364 15 NEW YORK Tbey discnss state of the economy and markets'pinnae Bloomberg US Treasury Secretary Paul O'Neill, criticised for not speaking out as stocks plunged, met executives of Wall Street investment firms on Tuesday to hear their views on the economy and markets. "We talked
      Bloomberg  -  364 words
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      Lock icon US stocks have hit bottom: NYSE head
      103 15 [New York] New York Stock Exchange chairman Richard Grasso said he suspects equities have hit bottom following the Standard tHwr's 800Indait 47 per cent plunge from its March M peak. Mr Qraaeo. in an interview with Radio, pointed out the benchmark SAP SQOltell
      Bloomberg  -  103 words
    • Article
      Lock icon Bush needs to be more forceful to calm markets: analysts
      558 15 WASHINGTON NYT [WASHINGTON] As the stock market continues to plummet, President George W Bush has struggled in vain over the past two weeks to shore up faith in an investment system dogged by corporate scandal and a crisis of confidence.
      NYT  -  558 words
  • Article
    Lock icon KLSE
    2313 15 Transaction date: Jul 24 KUALA LUMPUR vu w- r—» ABM Realty 1X13 mil 0 Abrtc 141 -004 51 ACPMutries JOB -002 62 AdwanahM 0l51 inch 174 AffinHokfcng»_ 027 -OjOI 27 Ahmad Zakifiai 3.16 -0.14 C AJCCorp 4J* -0.03 111 A*be*Res...... —1.12 -0.05 110 AKN Technology 5.75 unch 0 Alurranium
    2,313 words
  • Article
    Lock icon SGX
    687 15 Transaction date: Jul 24 !*UE!___JE—SE-J56e1_5^H5L__JBL>J5E-_SHE cac mi oa ouo ikMft ok \.m >-» 1.5JD «N0 OOC t* 11M0 -MM OlMMMMi tJS 11J0 MM OUf 0J7 UJt CtyOmnc 1J5 U00 4JN S*fcM8c OJI 0*15 MM OMlMTBc U3 KM -0JM JCX1< 0*1 I.UP -OO'C 0B8|» 11* ***** MO U«t 4S7 12MI
    687 words
  • Article
    Lock icon BONDS & WARRANTS
    539 15 BONDS WARRANTS Urt MCw tar *5c tlW w ff—Mte MB 9 la*g U» A5T1 ******1 2U 1 14 10 137 23 AcmaUdlMMIIIO 13 1 a Ul a AnMcfcttOWSIO MJ -S3 MO 1 S I 133 15 Arratrong \MM0520 13 1 10 92 400 22 hrMSMMKItt MS iar63*joomoi i<* luiiiHMW***** 03
    539 words
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  • Article
    Lock icon SGX MAINBOARD
    3854 16 Transaction date: Jul 24 for live prices, log on to wurwjasiaonemarketsjcom ug jw iwqio_ n> *tM m mtm mm* m im m aw lw u, c—, M. w nSi rnX* u, tSfsl, "t *"g S 'g '53 as 05 10 11 13 it'i 145 17 i i 217
    3,854 words
  • Article
    Lock icon SGX XTRANET
    39 16 a a ■r-a.-a.-s a«s g-a-sa *****0 1700 7770 7770 7750 »MiBDiusT«ti uoaoo S* WiBMSaSpot. US575 I MM W» s 6S4P500 US***** ***** CM s VMS UHJ«0 iH5 imi c snmto* im> n so 1S7» is« imb 15*
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  • Article
    Lock icon SGX SESDAQ
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    1,348 words
  • Article
    Lock icon CLOB INTERNATIONAL
    265 16 R* l«M VM Day UMQ—« Mb M» CrtM MM HO* M|» 1— CmMf LiM» W- 'OOP M0i L— tmfm SMMr Cw Hf tS m 70 AVJanrangi A2Sc A M 3.5 I Ki K K K5 40 M 104 54 MU CM»M|rH*»cMK.— -720 ffi M 74 I 243KJ 17*0
    265 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Lock icon Page 16 Miscellaneous Column 1
      198 16 CROSSWORD 25 Be a winger and gel going! oc Ji. 2) «_/ox 13 Stopped up to ten and col- Acton: 1 Newcastle United, 8 26 Off-peak caler (8) lapsed (3,2.3,2) Rheum, 9 Algidde, 11 Experts 16 Is it essential to watch one's 12 Reeolve, 13 Yodel, 15 TrenTOWW dtet? (8)
      198 words
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  • Page 17 Advertisements
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      168 17 SHAftP-ftOKY tAI VK (SINGAPORE) PTE LTD 138 RoMnaon Road #21-00 The Corporate OAce 9nppor« *****6 Tat 65-6419 3388 Fax:6s-6225 3121 Tariff fmti^rL^ 98 633M522 -Sm Urn Squn AAA» Com PDA TeJ 6338-6613 A Computer L 63 6334-2670 'f£™ "W633MX»V 6336-2466 Protect* Solutions Tet 6820-2050/688W141 Te^6?JMI SS F*fLilTl7fi J^. 6 CourU
      168 words
  • BIZIT
    • Article
      Lock icon Industry rout worsening, say US phone companies
      489 17 Lncent, SBC, Owning &mong these retrenching workers this year Bloomberg [NEW YORK] US telephone service and equipment companies including Lucent Technologies, SBC Communications and Corning Inc are firing workers this year as an industry rout worsens. AT&T Corp had a record quarterly loss
      Bloomberg  -  489 words
    • Article, Illustration
      Lock icon Samsung ousts Toshiba to be world's No 2 chipmaker
      267 17 Bloomberg [TAIPEI] Samsung Electronics Co of South Korea ousted Japan's Toshiba Corp to become the world's second largest chipmaker, market researcher IC Insights Inc said. Intel Corp retained its No 1 position. Samsung, the leader in computer-memory chips, was ranked No
      Bloomberg; AFP  -  267 words
    • Article
      Lock icon Intel 'pulling every trick'to increase sales: analyst
      224 17 Bloomberg [SANTA CLARA, California] Intel Corp will ship two faster Pentium 4 (P4) chips to PC makers earlier than forecast and cut prices on older chips to try to increase sales in the holiday season, a source familiar with the company's plans said.
      Bloomberg  -  224 words
    • Article
      Lock icon Taiwan Semicon may post record quarterly profit growth
      295 17 Bloomberg [HSINCHU, Taiwan] TSMC (Taiwan Semiconductor Manufacturing Co) may post record quarterly profit growth after investing in cost-cutting technology and picking up orders from customers who quit making their own chips. The world's biggest made-to-order chipmaker will probably say net income surged
      Bloomberg  -  295 words
    • Article
      Lock icon Amazon posts slightly better results
      379 17 Lesaes reduced to USs94minQ2, fr«m DSsl6Bm a year age NYT [NEW YORK] Amazon.com posted slightly better than expected financial results on Tuesday, as its operations continued to stabilise. Amazon, the largest online retailer, lost US$94 million in Q2 2002, compared to a loss of US$l6B
      NYT  -  379 words
    • Article
      Lock icon SMIC in talks to build two factories in Beijing
      329 17 Bloomberg [SHANGHAI] SMIC (Semiconductor Manufacturing International Corp), a China startup partly owned by Toshiba Corp, said it is in talks with the Beijing city government to build as many as two factories there. "We're interested in evaluating the project," company spokeswoman
      Bloomberg  -  329 words
    • Article, Illustration
      Lock icon ICANN board should not exclude ordinary users: former Clinton adviser
      358 17 Ira Magaziner disappointed with latest restructure Reuters [WASHINGTON] The group that oversees the Internet's traffic system should not exclude ordinary users from its decision-making process, a former presidential adviser who played a key role in setting up the controversial body
      Reuters  -  358 words
    • Article, Illustration
      Lock icon First digital colour multi-function copier here
      619 18  -  Singapore is the third country in the world, after Japan and Australia, where Fuji Xerox has chosen to launch the system By] Leo Kee Chye THE world's first digital laser colour multifunction copier is in Singapore. It can copy, print, scan, fax, e-mail and
      619 words
    • Article, Illustration
      Lock icon Creating a climate for e-trust
      710 18  -  comment WFOTBfcH For a start, the financial sector should acknowledgs that It is primarily responsible fore-security kenneth james The writer is BT's Technology Editor THE e-mail signature in a message recently received from a local computer consultant included this eye-catching, if rather uncompromising, quote: "Failure
      710 words
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  • Page 18 Advertisements
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      99 18 r? t Kf* if'h v* X ecs SS K S www.sun.com/software Call (65) 6299 9433 for a free, no-obligation ROI presentation and analysis. SUN MICROSYSTEMS PTE LTD l Magazine Road, #07-01/13, Central Mall, Singapore *****7. Tel: (65) *****888, Fax: (65) 6438 7646. DISTRIBUTOR: ECS COMPUTERS (ASIA) PTE UD Blk 19
      99 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      259 19 Reuters THE Baltic Dry Index (BDI) fell four points to 972, the Baltic Panamax Index (BPI) dropped four points to 979, the Baltic Handymax Index (BHI) firmed 14 points to 7,507 and the Baltic Capesize Index (BCD was down 11 points to 1,100. Angelic Peace (built 2001) 74,764
      Reuters  -  259 words
    • Article
      Lock icon MARITIME STOCKS
      198 19 CWTOtetrtbuMon 0.78 unci) 0 CorakmMtment_oJtO -OOI *§4 FntaMLHa ON 0.01 100 MMMm 0.75 -0.02 59 JaysHaMMfi 024 -aoi 442 KatpetCara 4J8 -0.08 1483 K*w*< Marin* ai7 -0.01 340 KM»IITete LOO 005 1384 UbroyMartM 0-27 -0.02 247 MMMoc* 0J8 uncft 0 MX 0.91 -OJH ***** PMIMMCV? 030 -OOI 30
      198 words
    • Article, Illustration
      Lock icon Enough STCW compliant crew to man S'pore fleet
      602 19  -  IMO convention for seafarers comes into force next Thursday By\ Beth Jinks [SINGAPORE] Singaporeflagged vessels are unlikely to face detention under strict crew certification requirements coming into force next week, according to figures from the Maritime and Port Authority of Singapore (MPA).
      FILE PHOTO  -  602 words
    • Article, Illustration
      Lock icon Jurong Shipyard eyes higher value shipbuilding
      275 19  -  Byi George Joseph [SINGAPORE] Jurong Shipyard made a step towards carving a new niche in the higher value shipbuilding business with the completion of a $67 million cableship. The SembCorp Marine subsidiary designed and built the 9,650 dwt Asean Explorer together with its owner
      275 words
    • Article
      Lock icon Most Filipino seafarers certified
      241 19  -  From j Alec Almazan in Manila THE Philippines has assured the international shipping community that the majority of Filipino seafarers working on international commercial vessels have been issued the certificates required by the STCW (Standards of Training Certification and Watchkeeping) 1995 convention. The assurance was given
      241 words
    • Article
      Lock icon Transpacific container lines want rate hike
      368 19  -  Move would boost charges by US$225 per TED from Aug By Beth Jinks [SINGAPORE] Stronger than expected Asia-US cargo volumes have prompted a freight rate hike push by major transpacific container lines, which would boost charges by US$225 per TEU (twenty-foot equivalent units) next
      368 words
    • Article, Illustration
      Lock icon EU likely to approve Carnival's US$5.5b bid for P&O Princess
      391 19 AP [BRUSSELS, Belgium] Setting aside what it said in April were "serious concerns" about a proposed merger of cruise lines, the European Commission will probably approve Carnival Corp's US$5.5 billion bid to acquire P&O Princess Cruises and impose few if
      AP  -  391 words
    • Article
      Lock icon Major contracts in the pipeline
      637 20  -  MEWBUILDS -By] David Hughee THERE was confirmation this week that Japan's yards are forging ahead, securing orders and extending backlogs, while rival South Korean yards are struggling to win contracts. Today's new orders list bears out that trend, with no Korean orders being reported. That
      637 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      120 20 PACE BSA 6 rtaqkUs CMACGM 3 COSCO 3 CotumtNH 5 CMtralCx 4 CNntSftpg S i Cougar 5 i CVTUoMM 6 Mats 4 Dongnama 3 Ea 3 [vtrfin 4 FoonqSun 5 6 CcMrtram 4 HaagH 4 HywM 4 1 "WBy A J ma s UM Hum 5 (roM
      120 words
    • Article, Illustration
      Lock icon Victory in sight for Carnival
      500 20 Antitrust officials may not even require disposals Dow Jones Newswires [BRUSSELS] Carnival Corp (CCL) has stuck to its guns and now has victory clearly in its sights. European antitrust authorities reportedly will approve the cruise company's US$5.5 billion hostile bid for UK-based P&O Princess (POC).
      Dow Jones Newswires; FILK PHOTO  -  500 words
    • Article
      Lock icon SHIPPING GUIDE
      11051 24 thebusinesstimes EXPORT ETA ETA Advartear Vtud Voyaoa HH0W SM OasTn Nam* Mm Numbar Number J'o AMOJAM (ABJ) 2003 Cot# DMvotr* 01/00 25/00 DlMai SAN LORENZO ZJN 454JJ77J44 04/00 2V09 CMna SXpq VILLE DE CAPELLA 419W 45-H3100M 05/M 07/09 KiM Hunq ACE CONTAINER AE203S ********** MM B/09 CMA CGM
      11,051 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        506 27 Vpy No Bftli Arrive) Departure J—»»■! MA«U«I 8*206 JB 25/07/2007:15 2V07/2017 30 »T KAMNGM2 I0702 JOl 25/07/*****0 25/07/*****0 ITUSAJATD #702 JOl 25/07/*****0 25/07/20MOO OCUH TtAK* E400 JB 25/07/*****0 25/07/*****0 HAMK PEA* MP2507 JB 25/07/*****0 25/07/*****0 B<B JOI 25/07/200*00 25/07/***** J02 25/07/200*00 25/07/30*30 SATMl 002 J03 25/07/200*00 25/07/20(730 *«sf«
        506 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1514 27 CONTAINERS TERMINAL AND VESSEL SCHEDULES 0 Vessel Out In Berthing Un- Berth o V»»f V«y« bertttnf Nnhr o o AOBEVEB 339 339 2707/2002 2000 2807/2002-1200 M 006S 006S 2807/2002 1500 2907/2002-0300 0 AC VKXfT Qjjjt Q45W 2707/2002 1500 2807/2002-0300 0 ALA88JAYA2 8805 8805 2607/2002-0700 26/07/2002-14.-00 0 H»OOf C200W
        1,514 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        766 27 THIS report, compiled by Cockett Marine Oil Lid. shows price ranges la US dollan instead of tingle price* for a more comprehensive description of the market Price* shown are baaed on averagesiaed stem Market movements are Indicated. The Cockett Bunker Price Index chance and the individual
        766 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        356 27 Carta* aoitu 9067 0.4 5.9 0 09 71 0.03 6 D—ll| later BmMm AdMUaaMaa Mteaat Ho a8ow £25 0 0 1 0 0 0 «n7n *0 tm 960.5 02 14J 0.06 29 0-02 torn 380 Ho 990.6 0.9 9 0.6 Q4 0.06 WW %w %M» W
        356 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        169 27 Aafl Switzerland: National Day AMS UK: Bank Holiday (Scot) AH* Singapore: National Day Aaf 12 Thailand: Queen's Birthday Aaglß Belgian: Assumption Day France: Assumption Day Italy: Assumption Day South Korea: Liberation Day Aagl7 Indonesia: Independ Day Aaf M UK: Bank Holiday Amg 31 Malaysia: National Day Philippines: Nat
        169 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      368 20 w m m I JU oaa f 'o» sSi| ooaawran tmv TO »/v m*7 9 nommonumm m v/v w nrv —I mmuiK uSn m/S; uZ !5 Z V M/9t K/%1 I LJ2L-J mmuanmnm m 11/07 oi/m am ii/m IWB* Iwrlmv I I itt 1 u P I' n i wuwiotd
      368 words
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      Lock icon Page 20 Advertisements Column 2
      32 20 WORLDGATE EXPRESS LINES PTE LTD b-thli Ewrfi MiEhii fliim nilßll tg-Ttt *****011 F„: Chlttagong [c<x.o>»o Karachi pout low 2a/07 CMm OCTWPM KA igE IMIUCMI/LMtowg 11/OT CALCUTTA fuoT Port Louis [wHAVA «HEVA gg|
      32 words
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      543 20 Unes services represented by *§&Skv, Mwbm of the Regi*y of WSO& AccrdtaJ Shipping Agar*, Singapore Shipping Aaodahon Utr UM MAU rasa vor cu m n» "N tmm »on m Empress tifr Q502 07/06 06/06 16/06 Princess Lity Q702 21/06 22/06 30/06 Empress Uy 0602 06/09 09/09 16/09 UCT MAMNi SERVKSS
      543 words
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      7 20 Members of #w Singapore Logishcs Assoc tahor
      7 words
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      617 21 rousAPAXsarvKD rasa vot sire uu ou ~iai hou [om cot |f <n wrc uicrrtm ng n/t; 15/00 i»/m h/m n/00 iyoo 20/ M n/n 21/ M 11/t> Arnasm ioae 07/ M 22/ M m/m h/w m/m m/n 27/ m m/m m/m m/m im m/m 20/ M n/m w/w w/w 02/w
      617 words
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      645 22 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. jjMiw'» amp. iMtMiiiim "i"¥W¥" vcsa W"toF~i«~"iw"~~m ~mm ~W T «'2? M 722! H/« !?2 u/m •w */•> H7w S"-, 1151 52! V U/ 1111 M/W M/ 07 M/ 07 14/07 y 50 0 *2 I*/" KT ROM M7f M/ 07 03/07 OS/47 47/07 17/47
      645 words
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      417 22 WAN HAI Ll9iiS INTRODUCING: NEW WEEKLY EXPRESS SERVICE >Aqaba Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 VOT fIR mtr Asuniros iHi 557i7 \%/%i m/« 7 h/S1 1 l*M 91/ IS sfrtf tS/M «7/M ISJ j»/2 "S K/S Hl* m/w n/w »/n ii/w j/jj U/«7^l*^7^^^^^l7^7 I
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      460 words
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      917 23 IV33SM VOX KHH HKG SIN PKL DM Ml DJMJM mk MAN KEKMAN W W 23/07 24/07 27/07 It/07 04/00 03/00 0700 09/00 MAN ISFAHAN PCL-270 30/07 31/07 03/03 04/03 11/03 12/03 13/03 13/03 MANHOOMOZOAN PCL-271 03/03 07/03 10/03 11/03 13/03 10/03 23/03 25/03 MANTMMAN PCL-272 13/03 14/03 17/03 13/03 25/03
      917 words
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      475 23 UK CONTINENT SERVICE I LaaiOng tar I STARLING RDM/ATW/BMNAJK/NAN I OCEAN FRIENO ROM/ATW/BMNAiK/NAN I Loads Sngaporß, E7W tudnna^i J MIDDLE-EAST SERVKE LxMdng tar AGIOS NECTARIOS DBt/ABU/DOH/BRN/DMM/KWT TWADER D«/ABUAX>VBRNASMM^WT PETROSR aon/hoo/joh/aqa I ORHAN EKINCI DMT/JOH/AQA I SWIFT D6l/ABU/DOtVBRN/DMM/KWT IJ toad. Singapora, EJH. MdayJa, Manama I USA SERVICE 1 Lowing tar ATLANTIC
      475 words
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      459 words
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      116 24 I KYOWA LINE 1 MB |P— 11 tmm Kmtmr TH* Kmmmmm M^n Deiro 1C192E 27/07 07/08 14/08 15/08 Dairo 1C192E 127/071 24/08 1 02/09 1 03/09 1 ***** Pwa $122 IjgM "30/W 31/W mM. _Q4ZQ9_ j£sMl Sewn Seat Beooot> 034N" 03/08 24/08 02/09 03/09 06/09 Sewn Seas Beacon 034N" 03/06
      116 words
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      203 24 CWT GLOBELINK PTE LTD W ownomctsm TE L: €22 5 183 3 (39 LINES) FAX:*****742 iYDMtY MtLtOUKNt-KNANG-*OKT KtLANG FASI* GUDANG KUCHING BANGKOK KAKACHI BOMBAY A tW DtLMKOtOMBO-HO CHI M<MM Cmr-HAI^HOMGHANOIBBIMIN-HAHBUIG TtANJIN-OINGDAO SHANGHAI XIAUCN FUZHOU OALIAN XIAM BIUING SHI MA ZHUANG DIRECT SAILING TO: Indian /"~S MUMBAI (BOMBAY) ils" MWI KOLCATTA
      203 words
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      6 24 WITH FORTNIGHTLY ON MONDAYS Shipping Times
      6 words
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      211 24 MYANMA \SllflL five star une f (Mpw NrtNd UM) LMdhf far Y«|m vcsa vot m ra m m amstmmm uw u MCM VMM* Sift AAUTUA: MMSlttft SMPPM6 MOKB BR: M-*****5W HO: U-SI7MIII PBfe M-MISMI BANK LINE (A Mrvka tl kmkiw DWr SUppfe*) VT NOKfmOUNP TO woii~ v OMnwioaaMUftiMrruFrs wssa m
      211 words
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  • Page 27 Miscellaneous
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      155 27 Vv/ Ifc&» '/jMnl y^ SHppBBF /'^^wlStfw'/v V >; i•ii i jy ttlSe. g$S -1 jj x^i ii I 1 I^JBi* r xr a* j f%Q •'^lP^tes22^' 'j j<k'>' S yu R Thunderstorm A Showers /*C\ a n w^a?^ 3 1 8 C (J Wind direction and speed in knots Cloudy
      155 words
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  • AIR & LAND transport
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      Lock icon Malaysia rejects idea of arming pilots: minister
      443 28 Ling says other methods would be used to tighten security AFP [KUALA LUMPUR] The Malaysian government has rejected the idea of arming airline pilots with guns as a means of countering hijacking, Transport Minister Ling Liong Sik said in remarks published in local
      AFP; AFT  -  443 words
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      Lock icon Embraer wins order from India's Jet Air
      370 28  -  USs26om deal for 10 jets is Brazilian firm's first major con tract in Asia By George Joseph [SINGAPORE] Brazilian aerospace company Embraer has clinched its first nuyor aircraft deal in Asia, with an order for 10 of its new 175 series aircraft with
      370 words
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      Lock icon Air NZ denies 'done deal' with Qantas
      297 28 Reuters [WELLINGTON] Air New Zealand dismissed speculation by the main opposition political party that Australia's Qantas was on the verge of buying a cornerstone stake in the national carrier. National Party finance spokesman David Carter has repeatedly claimed in the lead up to
      Reuters  -  297 words
    • LOGBook
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        Lock icon Virgin Bine seeks minister's help
        86 28 Bloomberg [BRISBANE] Virgin Blue Airlines, Australia's No 2 airline, asked Transport Minister John Anderson to help it win access to an empty terminal at Sydney airport. Brisbane-based Virgin Blue, the only major domestic competitor of Qantas Airways, wants to use part of the Sydney domestic
        Bloomberg  -  86 words
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        Lock icon JAL's June passenger numbers down
        164 28 Bloomberg [TOKYO] Japan Airlines (JAL) carried 10 per cent fewer passengers last month compared with a year ago because Japanese travellers pat off vacation plans to watch the World Cup, company president Isao Kaneko said. Passenger numbers on overseas routes dropped 6 per cent over
        Bloomberg  -  164 words
    • Article
      Lock icon MAS passenger arrested for threatening crew
      144 28 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd (MAS) handed a German passenger over to the police after he threatened the crew on a flight from Rome to Kuala Lumpur. "The passenger used abusive language and threatened to harm the crew," the national carrier said
      Bloomberg  -  144 words
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      Lock icon HK air cargo firm sees 10% growth this year
      346 28 HACTL posts 17% rise in cargo volume in first half Reuters [HONG KONG] Hong Kong Air Cargo Terminals Ltd (HACTL), the territory's largest cargo operator, said it expects air cargo volume in 2002 to reach 1.75 million tonnes, up nearly 10
      Reuters; AFP  -  346 words
    • Article
      Lock icon Dragonair, EVA tie up on HK-Taipei route
      206 28 Reuters [HONG KONG] Hong Kong's number two passenger carrier, Dragonair, and Taiwan's EVA Airways have agreed to allow their passengers to travel on either airline on the Hong Kong-Taipei route, the most lucrative in Asia. "It means that as well as being able
      Reuters  -  206 words
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1496 28 cwt man m rum n» OMBMi BA730I *40 1*7302 22B w m org aa *—Uf4»i S035 0655 6*974 000 KL037 BIO AIM 2225 S024 2145 S030 2MS MOl S8347 0550 McOBM LH9017 MO UB0B 2020 •023 BOO K24 2020 S***** BOO S0tM 2020 N243M 2045 M2430S
      1,496 words