The Business Times, 1 August 2002
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2002-08-01
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The Business Times
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Title Section14 2002-08-01 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85c SINGAPORE internal: http://business-times.asial .com.sg THURSDAY, AUGUST 1,200214 words
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Article75 2002-08-01 1 sn L50&36 (-8.36) ST INDEX FUTURES 150&00 (-6.00) SIMSCI FUTURES 187JO (-2.90) STOCK MABKET INDICES Wednesday Change KLSE (X)MP 72 l.i»9 0.31 NIKKEI 22T» 9,877.94 125.78 HANG SENG __10.267.36 Mill SET INDEX 176.112 +194 JAKARTA(1>MP +11.85 MANILA GOMP .1,***** +9J& TAIPEI WP1 4,940.38 64 66 SEOTLCOKP 717.99 60975 words
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Article75 2002-08-01 1 FOREX SATES rs$ s$ I S$ (S$ per I s$) (.7(3 W S$/SS piT X} \M1 1762 K! ;kO(l S$/SS/K) 098t 1.727 YEN 119.8 88 »0 KM 38(10 1166 HKS 7800 4.424 BAHT 41.95 23.79 Rl I1AH 9,668 6,143 PRIME SATES SINOAIDKK* _5i5 KUALAIJ ¥H R (>.40 HONOKONO 512ft75 words
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607 2002-08-01 1 But analysts think economy will escape a double-dip recession Reuters, Bloomberg, AP (WASHINGTON] US economic growth faltered sharply during the second quarter and began the year at a slower pace than previously thought, the US government said yesterday in a reportReuters,; Bloomberg,; AP - 607 words
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756 2002-08-01 1 Angela Tan - Venture, Creative, Chartered, Datacraft, Stats named in study By Angela Tan (SINGAPORE] Tech majors Venture Manufacturing, Creative Technology, Chartered Semiconductor and Datacraft are the top issuers of stock options among STI companies and would be most vulnerable to earnings dilution should756 words
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Article, Illustration746 2002-08-01 1 Audrey Tan - Stock market fiasco takes a new turn as regulator mounts investigation From Audrey Tan in Hovy Kong HONG Kong's Securities and Futures Commission (SFC) has launched an investigation into whether some brokers colluded to trigger the panic sell-down of penny stocks746 words
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669 2002-08-01 1 Tang Weng Fai - Acquisition creates largest IT, business consultancy By Tang Weng Fai (SINGAPOREl IBM has bought the consulting arm of Pricewaterhouse Coopers for US$3.5 billion in cash and stock, creating the world's largest IT and business consulting company. Subject to regulatory approval and that of669 words
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Page 1 Advertisements
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Advertisement88 2002-08-01 1 nrsms Executive Suite Property management firm Premas' strategy for growth. Pg 9 Top Stories ST Kinetics giving up Opel franchise. Next Page Stamford to split with Wall Street partner. Next Page SGX market capitalisation slides for fourth straight month. Pg 3 Stats' Q2 revenue up 30%. Pg 3 SembCorp Marine88 words
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Advertisement8 2002-08-01 1 S'pore jobless rate down But is it sustainable?8 words
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Advertisement112 2002-08-01 1 Transhipment 2002 The heat is on. A look at how major ports are competing for the lucrative business of transhipment. A special focus in Shipping Times today. Heed strong signals from services deals, Pg 16 B V LG A R l| 1 I IMI'dK R\ I I I I I112 words
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513 2002-08-01 2 Christopher Tan - exclusive Trans Eurokars likely to take over dealership from Q4 under a new entity Byi Christopher Tan [SINGAPORE] Automotivedriven ST Kinetics, part of listed ST Engineering, is giving up the Opel franchise after 10 years in the business. BT understands that Trans Eurokars a513 words
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Article, Illustration397 2002-08-01 2 Anna Teo - rare on the economy H2 unemployment may rise with new entrants to job market: MOM Byi Anna Teo THE latest labour market indicators show some tentative signs of recovery but the improvement is not expected to be sustained. Going by preliminary estimatesSource: MOM - 397 words
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Article, Illustration616 2002-08-01 2 Conrad Raj - This is second of eight law JVs to fail Byi Conrad Raj [SINGAPORE] After months of rumours, Lee Suet Fern's Stamford LLC and Wall Street law firm Shearman Sterling will go their separate ways the second of eight joint venture law firms to splitFILE PHOTO - 616 words
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385 2002-08-01 2 Neil Behrmann - They were fattened by salaries, share sales, perks before companies' collapse From) Neil Behrmann in London LEADING directors and executives of major US companies made about US$3.3 billion ahead of the collapse of the businesses. The money, made during the stock market boom,385 words
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ON THE grapevine
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Article102 2002-08-01 2 THE Ministry of Manpower has set up two hotlines for abused maids. It's about time. But why are the lines only open during office hours (8.30am to 1pm and 2pm to 5.30pm on weekdays and 8.30am to 1pm on Saturdays)? If a 24-hour hotline isn't feasible, couldn't102 words
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Article64 2002-08-01 2 THE Land Transport Authority has decided that school bus drivers and attendants must go for lessons and a test. Good idea. And LTA has even run classes in Mandarin and dialects to accommodate the attendants, most of whom are housewives with little formal education. But strangely,64 words
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Article101 2002-08-01 2 PRICEWATERHOUSECOOPERS' US$110 million move to rename its powerhouse business consulting arm "Monday" has come to an untimely end after just two months. The name change was to coincide with a new beginning for PwC Consulting as well as tie in with its planned public listing101 words
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Article69 2002-08-01 2 HONG Leong Bank has pledged $50,000 to the Singapore National Heart Association to provide aid to needy patients and finance preventive education campaigns here. The cheque was presented to heart association vice-chairman Wu Dar Ching by the senior group managing director of Hong Leong Bank, James69 words
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292 2002-08-01 2 Chuang Peck Ming - Byi Chuang Peck Ming [SINGAPORE] Wong Kok Siew, deputy chairman and chief executive officer of SembCorp Industries, takes over from Stephen Lee as chairman of the International Enterprise Singapore (IES) today. Mr Lee, 54, has been appointed non-executive chairman of PSA from292 words
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SINGAPORE companies
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653 2002-08-01 3 Vince Chong - V&lne of bourse faH« 3.6% to $237.9 billion at end-Jnly By Vince Chong THE market capitalisation of the Singapore stock market slid for the fourth straight month in July to $237.9 billion yesterday a new low for the year on the653 words
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469 2002-08-01 3 Serena Ng - It beats analysts' call; Q2 loss down by 19% from Ql By Serena Ng ST Assembly Test Services yesterday exceeded analysts' expectations for the second quarter, posting a 30 per cent jump in revenue and a 19 per cent drop in net loss quarter-on-quarter.469 words
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Article, Illustration411 2002-08-01 3 Christopher Tan - Byi Christopher Tan CYCLE Carriage Ltd (CCL) yesterday reported that interim net earnings had quadrupled to $121.8 million largely on the back of contributions from Indonesian associate Astra International. Astra accounted for $98 million of group earnings. Of this, nearly half was attributable411 words
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363 2002-08-01 3 Andrea Tan - By Andrea Tan MCL Land yesterday met market expectations with a 45 per cent jump in interim net earnings to $13.2 million. Turnover, including share of associates' revenue, for the six months ended June 30 soared 172 per cent to $183.7 million, thanks to363 words
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425 2002-08-01 4 Conrad Raj - Exceptional lift bottom line as operating profits dip 4.5% to $62.3m By Conrad Raj SEMBCORP Marine, whose parent SembCorp Industries is attempting to take it private with an offer of $1.10 a share, yesterday posted a 35 per cent increase in interim425 words
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Article, Illustration415 2002-08-01 4 Ven Sreenivasan - By Ven Sreenivasan IN a rare move, SembCorp Industries (SCI) has reassured SembCorp Marine's (SCM) minority investors that they are being treated fairly in the proposed takeover of the company. SCI senior officials, led by deputy chairman and chief executive Wong Kok Siew,415 words
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328 2002-08-01 4 Serena Ng - By I Serena Ng A COURT battle between the co-founder of listed GRP and the firm s former managing director has been adjourned to give the parties time to work out a settlement. One of the company's founders, Lim Kuan Kang, and his wife, Lim328 words
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665 2002-08-01 4 harish mehta - [TrWa lock siew harish mehta THAI Prime Minister Thaksin Shinawatra thought it was a brilliant idea for companies from Singapore and Thailand to list their shares on each other's stock markets. The idea had come up in February when Prime Minister665 words
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394 2002-08-01 5 Quak Hiang Whai - Issue of Haw Par absorbing UOB's non-core assets not raised: Hong Hai Hy Quak Hiang Whai WEE Cho Yaw's Haw Par Corporation will continue to hold its stake in United Overseas Bank as a long-term investment, and the possibility of Haw Par394 words
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Article240 2002-08-01 5 NUMBER INDICATIVF proq^ MATURITY YEARRAISEO COUPON AMOUNT INTEREST OF DAYS Of MIDOLE PRICES REDEMPTION «ATE (SM) PAYMENT ACCRUED (EXCLUDING YIELD ISIN CODE %PA > DATES_ INTEREST ACCRUED INTEREST) (%pA) 01.*****2 N*****0Z 1995 3 2000.00 1/11 91 ***** 0.81 SG********** 01.*****3 N*****0T 1996 41/8 700.00 1/2 1/B 100 101.67 0.79# SG**********240 words
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366 2002-08-01 5 Quak Hiang Whai - Market watching oat for more revamps, reshuffles By< Quak Hiang Whai TEMASEK Holdings which recently got Ho Ching as its new boss yesterday announced another top management change. The government investment vehicle has hired the top finance man from telecoms firm Starhub following the366 words
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191 2002-08-01 5 Rachel Ong - By Rachel Ong DIGITAL storage device manufacturer and distributor Eastgate Technology plans to list its Hong Kong unit Prime Disc and Taiwan unit Storewell Media Manufacturing on Hong Kong's Growth Enterprise Market (GEM) this year. The aim is to boost Eastgate's191 words
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COMPANYBriefs
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64 2002-08-01 5 Bloomberg MOBILEONE said yesterday its pre tax profit rose 41 per cent to $72 million in the six months ended June 30. Revenue rose 5 per cent to $338 million. It did not disclose earnings for the year-ago period. Ml said it hasBloomberg - 64 words
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78 2002-08-01 5 Reuters ELECTRONICS waste recycler Citiraya Industries set a record on its debut yesterday for the heaviest-traded stock on a single day, a spokesman for the Singapore Exchange said. The counter clocked up volume 0f256 million, beating the previous record of 218 million shares tradedReuters - 78 words
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50 2002-08-01 5 FREIGHT Links Express Holdings said yesterday its net loss widened to $73.2 million for the year to April 30. from $24.2 million a year earlier. This was due mainly to exceptional items of $70.6 million. Group turnover fell 22.2 per cent to $70.6 million.50 words
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Page 3 Advertisements
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Advertisement183 2002-08-01 3 > r p IT iirliWio lavender, jasmine, eucalyptus. don't you just love the smell of money? s n •_WM ■Mi m I I "^A5 Our Treasures Centres reflect the peace, calm and tranquility of a spa Yet the one thing that won't relax point-of-sale facilities. While enhancing your wealth is183 words
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Page 4 Advertisements
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Page 5 Advertisements
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Advertisement229 2002-08-01 5 THERE'S ONLY ONE IN EVERY CITY. ITHEl THE r U J Y K 0 Nassim Hill .>*» L H£fi[ fit sO 1 o *?rj J v From LA to Tokyo, you'll always find imported designer fittings and appliances that one neighbourhood. You know, the from the likes of Philippe Starck.229 words
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SINGAPORE markets
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Article, Illustration330 2002-08-01 6 OTHER SINGAPORE INDICES M 31 VALUE CLOSE ■TOMB -67 LOO -63 00 ST CAM -*****.00 -89.00 BT 10-day MA ***** 00 -67.00 A>-SCr|iMii 406.41 2.76 »r<iillliiB»ct 121.25 2.97 SG EqaMcsFin 1324.65 -12 57 SGMtoPrv* 407.66 2 53 HOflipiw 188.40 1.74 SMSCIFatum 187.90 2.90 Stocks Volume CHin»|® 2 5c 256.040.000 LAW330 words
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Article, Illustration308 2002-08-01 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan WARRANTS are regarded as bull market instruments because they tend to gear on the underlying stock to deliver a much bigger percentage gain when the market is headed higher. Unfortunately, the reverse is also true. Warrants tend to308 words
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Article, Illustration769 2002-08-01 6 r. sivanithy - l I comment STOCKS r. sivanithy AFTER three months of gutwrenching declines, it looks like Wall Street could be entering what is sometimes called a "consolidation phase" a vague term designed to comfort worried investors but which actually means little more than a sideways drift.769 words
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Article, Illustration553 2002-08-01 6 larry wee - 1=11 comment CURRENCIES Ability or failure of broader-based S&P 500 to recapture the 950-1,000 area could bold tbe key larry wee THE US dollar waded uncertainly through currency waters yesterday, failing to hold on to gains above 120 yen for a secondSource: Reuters; Source: Bridge, Reuters - 553 words
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Article2048 2002-08-01 6 UNIT TRUSTS FUNDS AM Antra A»rt Mgf K>«r*) St*lt«peEq»y" OSW Star f trope Bd I QSTr SurEureptfcd OUlf 0 7/* StarAuftand 1 St* 0 inr Stjf Gkdua Ft-rd'"* 01>; 9j>lti«lirwicrta|Mnrml< 0 7/2/ SU* «om »nr«MlAOl 0 70>< AM GoMtt (Asia) Ltd GonmA»»P«Ciwi»i Iff IK G«mGUwillr«Kli 0*»12«'<N AIC fcmUwfl CorpofMion (i)2,048 words
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SINGAPORE news
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Article, Illustration597 2002-08-01 7 Kalpana Rashiwala - Distribution of gain from Tampines Mall stake sale in form of special dividend, bonns issue By] Kalpana Rashiwala NTUC FairPrice achieved a 90 per cent jump in group net profit to $104.4 million last year, thanks to a $51 million exceptional gainCHRIS LOH - 597 words
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218 2002-08-01 7 Conrad Raj - Byi Conrad Raj YOU can now settle your legal disputes from your home or office over the Internet. Making this possible is DisputeManager.com, a portal which has just been set up by the Singapore Mediation Centre (SMC) with the support of the law218 words
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421 2002-08-01 7 Chuang Peck Ming - By Chuang Peck Ming WHAT they make differ, but the world's top manufacturers have one thing in common strategic flexibility, according to a recent study by Deloitte Consulting. Strategic flexibility, which builds on the established practices of scenario-based planning and strategy formulation, is what421 words
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142 2002-08-01 7 ISKANDAR Jalil was yesterday named Achiever of the Year 2002. The award was jointly presented by Berita Harian and McDonald's Restaurant to honour an outstanding individual who has made significant and valuable contributions to the Malay community. Mr Iskandar is better known as Master Potter,142 words
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349 2002-08-01 7 Serena Ng - RAFFLES TOWN CLUB SUIT By Serena Ng THE defence in the Raffles Town Club (RTC) class action suit yesterday made its closing submissions on the case, maintaining its stance that the statements in the club's brochures were not actionable in law and not part of the349 words
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Page 7 Advertisements
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Advertisement27 2002-08-01 7 A v The Rover 75. I Another European masterpiece that s making waves everywhere s *c L^s0 f Ts •wl I r r|i|iii(ifrTT *'<**> C L* >*****3 127 words
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EDITORIAL & opinion
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Article, Illustration706 2002-08-01 8 shoeb kagda - Indonesian justice —still a long way to go P^TTr! I bottom line OPINION shoeb kagda The writer is BT's Jakarta correspondent IT WAS political theatre at its best, being played out in a court of law. A scion of Indonesia's powerful Suharto clan was finally facing sentencing before a panel706 words
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Article106 2002-08-01 8 'Just when you thought it couldn't get worse, it does. If there's any kind of accounting hanky-panky, there's no way you can handicap that on the downside.' -NickTrvitt a US fund manager, after AOL Time Warner Incsaid regulators were investigating the way it accounted for some advertising106 words
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Article579 2002-08-01 8 EDITORIAL AMID the public debate on the changes made to the Central Provident Fund, there was one other equally significant development which did not receive much of apublic airing—the revamp of scholarships awarded by the Public Service Commission (PSC). Perhaps the lack of attention579 words
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Article, Illustration1142 2002-08-01 8 Yang Razali Kassim - Will 'desecuritisiiig' the water issue end vulnerability and usher in a new order between the interdependent neighbours? By Yang Razali Kassim The writer is BT's regional editor HISTORIAN Carl A Trocki wrote about how in the 1860s a financial crisis hit colonial Singapore, forcing many businesses andAFP - 1,142 words
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334 2002-08-01 8 Raymond Chow - maili.tth Raymond Chow Vice-President, Head of Corporate Communications SGX WE refer to the report "SGX's 30% rule blamed for poor IPO prices" (BT, July 30). It said that a "new but unofficial requirement by SGX that at least 30 per cent of any334 words
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184 2002-08-01 8 Raymond Ang - Raymond Ang Vice-President (Loans) Consumer Banking DBS Bank I REFER to the letter, "Banks shouldn't use tele-marketers", by John Tay P H (Mailbag. July 30). As a custodian of our customers' financial and personal details, we take a very serious view of protecting that184 words
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179 2002-08-01 8 Chua Wai Sie - Chua Wai Sie Deputy General Manager Smartvoice Pte Ltd WITH reference to the letter "Banks shouldn't use tele-marketers" (Mailbag, July 30), we would like to clarify the following; ♦The letter claimed that Smartvoice "'rented' a database from DBS Bank". The fact is the database that179 words
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Page 8 Advertisements
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Advertisement68 2002-08-01 8 We welcome letters. E-mail us at btHetterQtph.com.sg or fax us at 6319S277, or write to: The Business Times, SPH HQ, lOOOToaPayoh North, Podium Level 3, Singapore *****4. We need your fuU name, address and telephone number, so we can verify It came from you. Please use temperate language, and bear68 words
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EXECUTIVE suite
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Article, Illustration614 2002-08-01 9 VINCE CHONG - CEO Anthony Seah talks to voice chono about his strategy for growth VINCE CHONG PROPERTY management firm Premas International is set for aggressive overseas expansion, with plans to triple its turnover contribution from this segment in the next five years. Premas, part of the CapitaLand group,614 words
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447 2002-08-01 9 Andrea Tan - By Andrea Tan WHILE some in the property market see the start of Hungry Ghost Month next Friday as a signal to retreat, auctioneers say it's business as usual for them. "We are super hungry to close deals before the Hungry Ghost Month," a447 words
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Article, Illustration639 2002-08-01 9 Thien - gardener-sim By' Thien CONTAINER gardening can be as simple as plonking a plant into a pot or trough, and then waiting for the rewards. Most people ironically, however, end up loving their potted plants to death, because of "more-is-better" excesses: like burying them upTHIEN - 639 words
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Page 9 Advertisements
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Advertisement320 2002-08-01 9 RmfliH^^P flf §1 iTJ >Via kill For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including lj|pi British Virgin Islands Mauritius I Cayman Islands Hongkong Bahamas Samoa Hflgppt Full320 words
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Advertisement87 2002-08-01 9 choose from, each set comes with rice, salad. fresh fruits, mam dish and a FR£E Dnnk Mi* Fned (Fried Prawn and Nuggets) Japanese Crispy Chicken Nuggets 9435-3798 Wriyaki Chicken Chicken Cutlet (Angefcie) Saimor 6225-6949 (SGH Branch) W/ 6253-0777 (Toa Payoh Branch) fV tsbb r j i mr^Mm ranq mahal Buffet87 words
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Advertisement98 2002-08-01 9 Corporate Tfrx Planning mmmm Q HMIm Why You Should Attend? Why pay more than the required tax? How to avoid unnecessary tax /fx# only queries from Inland Revenue 8 sessio 05 J Authority of Singapore (IRAS)? L$eats Are limiteoy How to plan to reduce future Who Should Attend? Audit Tax98 words
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Advertisement32 2002-08-01 9 I Advrttia in I L A Win*, Dins A Entartain I Business Times I I l I I Contact Patrick Ang 6319 1284 I I or Amy Choo @6319 1559 now. I32 words
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Advertisement53 2002-08-01 9 RTmmTI Lianhe Zaobao I lean Japan's |ee«iomiel Irenmny lB*ggw m I I Coffeehouse fleer Come celebrate our 31st birthday and enjoy our multi-award winning Mandarin Chicken Rice at $10+++ from 11:30 am to 10:00 pm Enquiry, please call 6831 6291 t ftw}2oo2 333 OcKwrf Raid Smgjporr 2X867 lei: 6737 441153 words
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REOIONAL news
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NOTEBook
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52 2002-08-01 10 AP [JAKARTA] Indonesia's military on Tuesday threw its support behind direct presidential elections. Under current law, elected and appointed members of the People's Consultative Assembly choose a president. But the assembly was to debate this week a proposed constitutional change that would allow direct presidentialAP - 52 words
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Article88 2002-08-01 10 Dow Jones Newswires [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday confirmed the government plans to raise retail petrol prices to ease its annual subsidy bill "If we raise petrol prices, it won't be much," Dr Mahathir told reporters. The New Straits Times yesterday reportedDow Jones Newswires - 88 words
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87 2002-08-01 10 Bloomberg [BANGKOK] Siam Cement, Thailand's largest industrial group, said second quarter profit surged 46 per cent as domestic demand boosted earnings at its petrochemical and paper units and interest expenses fell. Net income rose to 3.5 billion baht (S$147 million), or 29.29 baht aBloomberg - 87 words
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Article53 2002-08-01 10 Reuters [BOMBAY] India's largest private-sector refiner Reliance Petroleum yesterday reported net profit rose 5.26 per cent in April-June from a year earlier. It posted a net profit of 4.80 billion rupees (S$178 million), against 4.56 billion a year earlier. Analysts expected profit to beReuters - 53 words
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98 2002-08-01 10 Reuters [BANGALORE] Business software giant Oracle Corp said it plans to nearly double its staff in India in the next four years and has started hiring for a unit that will provide back-office services for its global operations. "It is quite likelyReuters - 98 words
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Article63 2002-08-01 10 Bloomberg [KUALA LUMPUR] Tenaga Nasional said it swung to a third quarter loss as the yen's gains raised the costs of its borrowings denominated in yen. It lost RM356 million (S$165 million), or 11.4 sen a share, in the three months ended May 31Bloomberg - 63 words
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Article, Illustration384 2002-08-01 10 Eddie Toh - It is expected to return to the black for the first time in five years From Eddie Toh in Kuala Lumpur MALAYSIAN Airline System (MAS) is now looking at joining one of the global alliances following its latest revamp that will turn it intoAFP - 384 words
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315 2002-08-01 10 Harish Mehta - It dissolves group after one of the four members pulls ont From Harish Mehta in Bangkok THAI Airways International yesterday said it is terminating the services of a group of financial consultants who was hired to advise the airline on its privatisation plan because a315 words
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342 2002-08-01 10 Eddie Toh - From, Eddie Toh in Kuala Lumpur MALAYSIA may have to sacrifice a sacred cow or two in its bid to woo foreign companies to get a listing on the Kuala Lumpur Stock Exchange, analysts said. One would be the bumiputra policy, the342 words
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360 2002-08-01 11 U TAIPEI Taipei admits it can't track money flowing oat via third countries Bloomberg HON Hai Precision Industry Co and other Taiwan companies with business in China will be allowed to invest directly in the mainland, after the government admitted it can'tBloomberg - 360 words
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Article165 2002-08-01 11 ■JAKARTA Bloomberg INDONESIA will sell a 51 per cent stake in PT Indofar ma, the country's secondbiggest drugmaker, reversing a decision to retain control. "We have reached a decision to give up control of Indofarma," said Aloysius Ro, a senior official at the StateBloomberg - 165 words
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Article, Illustration291 2002-08-01 11 JAKARTA Jakarta has to raise fnnds as it faces Budget deficit Bloomberg INDONESIA'S bank restructuring agency said it is asking Syamsul Nursalim, a former bank owner who owes the government 27 trillion rupiah (S$5 billion), to repay one trillion rupiahBloomberg - 291 words
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367 2002-08-01 11 Harish Mehta - From. Harish Mehta in Bangkok THAILAND'S economic recovery slowed in June as manufacturing lost pace, but a ray of hope was visible as seen in the rising imports of capital goods, signalling a revival of foreign investments, Bank of Thailand (BOT) data367 words
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373 2002-08-01 11 I HONGKONG Bloomberg JARDINE Matheson Holdings Ltd, which has supermarket, car dealership, insurance and hotel interests in Asia, said first-half profit fell 30 pier cent as it revalued property holdings according to revised international accounting standards. The largest diversified company inBloomberg - 373 words
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Page 10 Advertisements
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Advertisement711 2002-08-01 10 sector. MNCs need not comply with plans. ■■■I*m x *mph v isj j||E UNITED OVERSEAS LAND LIMITED (Incorporated in the Republic of Singapore) To: All Members ANNOUNCEMENT The Board of Directors is pleased to announce the following: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2002 THE GROUP THE711 words
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Advertisement608 2002-08-01 10 ■E/SI Wr HOTEL PLAZA LIMITED 1 (Incorporated In th* Republic of Singapore) To: All Members ANNOUNCEMENT The Board of Directors is pleased to announce the following: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2002 THE GROUP THE COMPANY ***** 30.6.01 +A~) 30.6.02 30.6.01 In $'000 (n j'ooo Ur608 words
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Article, Illustration988 2002-08-01 11 Transaction date: Jul 31 AJ-serw MahsitiesShot 1-3*5 l<»* >3»« DtTERBAMK CROSS RATES —c$ aw MK$ xa» ten* m *m m m wn r— g a— m nt —t n— J2J" 0 860 4538 0558 065 26 6M 0.655 6.497 2.071 UK ***** ***** 0.964 5555 0J12 *478 22.931 0349988 words
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Page 11 Advertisements
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Advertisement384 2002-08-01 11 is LABROY MARINE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will beheld at 1 Maritime Square #11-23 World Trade Centre Singapore *****3 on 19 August 2002 at 12.30pm for the purpose of considering384 words
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Advertisement26 2002-08-01 11 V;' -9 Keep warm. Keep away blisters. Keep playing. Whatever your needs. rely on Lianhe Zaobao Classified to meet them, pfj 12^J ',r 1 r ft26 words
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REGION world
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Article, Illustration437 2002-08-01 12 SEOUL Bloomberg NINE Korean conglomerates, including SK Group and LG Group, that failed to meet a government target to cut their holdings in affiliates, must sell 3.4 trillion won (S$5 billion) of stock or risk losing management control. The government putBloomberg; AFP - 437 words
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Article, Illustration425 2002-08-01 12 WASHINGTON It wants to be able to protect consumers, Net operations Bloomberg, Reuters VOICING confidence in the long-term health of the telecommunications industry, the top US communications regulator on Tuesday asked Congress to expand the agency's power to block financially troubled companiesBloomberg,; Reuters - 425 words
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525 2002-08-01 12 Catherine Ong - By I Catherine Ong [SINGAPORE] What happens to a developing country when the big story moves on and the foreign journalists leave town? Panellists at The Asian News Forum, an international conference being held for the second time in Singapore, yesterday agreed that most international525 words
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Article1192 2002-08-01 12 SIOOMFUfimg Jul 31 rowir«awiri^pm) K3icscMtvN9> om» Mm OPM ■5? 10 Ur WW Nw) Mm* J;® aus J55? J*® Oct 02 0* 00 •tor« 09.00 KSSIflSartiA* Mm 0M I— S«t nammj mSZ S tog 02 -1130 ttO 02 TUOO 050 02 7100 TUO 7125 300 BOO 76.00 7150 7100 3001,192 words
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Page 12 Advertisements
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Advertisement25 2002-08-01 12 We are passionately committed to helping you achieve excellence IMatai Visit our website for a wide range of training programs. www.davechong.com Or Caw 6737 300325 words
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Advertisement6 2002-08-01 12 -j-t in /f- v IIIK?9 WJijjiiiWU«6 words
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WORLD news
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WORLDWatch
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62 2002-08-01 13 Reuters [TOKYO] Japan's tax revenue fell short of the government's target by 1.68 trillion yen (5524.7 billion) in the last business year as corporate profits were pinched by recession, the finance ministry said yesterday. The shortfall left it with a deficit of 500 million yenReuters - 62 words
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Article60 2002-08-01 13 Reuters [NEW YORK] Verizon Communications yesterday posted a quarterly loss on one-time charges and lower revenues, and cut its growth outlook for the year. Its second-quarter net loss totalled US$2.l billion, or 78 US cents a share, compared with a loss of US$l billion,Reuters - 60 words
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66 2002-08-01 13 Bloomberg [TOKYO] Mizuho Holdings Inc, the world's biggest bank by assets, said unrealised losses on the value of its shareholdings in other companies narrowed by 94 per cent in the three months ended June 30. The bank had an unrealised stock loss of 44.6 billionBloomberg - 66 words
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Article54 2002-08-01 13 Reuters [NEW YORK] Shares of Computer Associates International Inc (CA) closed up 12 per cent on Tuesday after the company said it would treat stock options as an expense. CA shares added US$l.O5 to U559.75 and were among the top percentage gainers on theReuters - 54 words
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47 2002-08-01 13 Bloomberg [DUBLIN] Allied Irish Banks said first-half profit increased 8 per cent as it lent more to homebuyers and small businesses. Net income rose to 519 million euros (*****.3 million) from 479 million euros in the same period a year earlier.—BloombergBloomberg - 47 words
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67 2002-08-01 13 Reuters [WASHINGTON] Two highly regarded nominees for key policymaking spots on the US Federal Reserve sped easily through a Senate hearing on Tuesday. Princeton economist Ben Bernanke, an advocate of explicit targets for acceptable inflation as a way to keep prices in check, andReuters - 67 words
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68 2002-08-01 13 AP [BERLIN] Deutsche Post said yesterday its first-half net profit plunged by 85 per cent as it set aside 850 million euros (Ssl.s billion) for a fine imposed by the European Union for offering door-to-door parkagp delivery services at below cost. It said profitAP - 68 words
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70 2002-08-01 13 Reuters [TOKYO] Japanese electronics makers Sharp Corp and Sanyo Electric posted a rise in first-quarter earnings yesterday, riding a rebound in the chip and display markets after last year's steep slump. Sharp posted a 16 per cent rise in consolidated operating profit toReuters - 70 words
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Article73 2002-08-01 13 Bloomberg [PARIS] Gemplus International posted a second quarter loss and said its chief executive Ron Mackintosh, named for six months in December, will step down this month. The world's biggest maker of smart cards had a second-quarter net loss of 123.1 million euros (*****.6Bloomberg - 73 words
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Article, Illustration574 2002-08-01 13 ZURICH Bear markets prompt sale to Znercher Kantonalbank Reuters, Bloomberg MAVERICK billionaire Martin Ebner, who helped reshape Switzerland's corporate landscape, yesterday became the latest victim of a global bear market after he was forced to give up control of four key investmentReuters,; Bloomberg; BLOOMBERG - 574 words
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318 2002-08-01 13 NEW YORK US prosecutors are working with SEC in investigation Dow Jones, Bloomberg THE US Justice Department is investigating accounting practices at AOL Time Warner (AOL), USA Today said yesterday. US prosecutors in Virginia, where the company's America Online division is based, are workingDow Jones,; Bloomberg - 318 words
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195 2002-08-01 13 CHICAGO Reuters CARDIOVASCULAR device maker Guidant Corp on Tuesday agreed to buy pri-vately-held Cook Group Inc in a deal valued at up to US$3 billion in stock, making good on a vow to stay in the race for drug-coated stents. The deal,Reuters - 195 words
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239 2002-08-01 13 TOKYO AP A SURGE in overseas sales and robust television sales in Japan lifted Matsushita Electric Industrial Co back into profitability for the first fiscal quarter, and the Japanese electronics giant sharply raised its profit forecast yesterday. Matsushita, known for the Panasonic and NationalAP - 239 words
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592 2002-08-01 14 WASHINGTON Most sweeping changes of the law signed by Bush on Tuesday concern corporate governance LATWP, Bloomberg, Reuters CORPORATE executives, auditors, lawyers and Wall Street analysts braced for a significant change in the way they do business with US President George BushLATWP,; Bloomberg,; Reuters - 592 words
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451 2002-08-01 14 WASHINGTON Brokerage firm is accused of cutting corners repeatedly NYT USING internal documents, email messages and even a videotape as evidence, lawmakers on a Senate panel contended on Tuesday that Merrill Lynch Co repeatedly cut corners and compromised its business practices toNYT - 451 words
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Article5053 2002-08-01 13 Transaction date: Jul 31 for more, go to iimwxisiaonmmarketsjcorri HONG KONG h« w a AcrossAsia Multimedia j0.11 unch 0 AJpha General 0.03 unch 3638 Ananda Wing On .0.04 unch *****0 Angang New Steel H 105 0.01 9476 Artxi Condi H 1.38 unch 378 Anhu Expressway H 1.56 0.035,053 words
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Article2379 2002-08-01 14 Transaction date: Jul 31 KUALA LUMPUR VM i w- rwi ABM Realty 102 unch 9 Abrit 1.59 o.07 M 310 inh 45 -0.50 -0.01 144 Affin Holdings 036 001 5 Ahmad Zaki Res 3 JO unch 2 At Corp 3.00 0.02 22 AlkbaaRes 1.16 unch 54 AKN Technology 5002,379 words
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Article533 2002-08-01 14 Transaction date: Jul 31 SSiJ5SL___ *1*1 gg""* «M» 1*2 is sy M» n-Mi -ojdo JS "Jin 001 uh PfrP-y* 25 «2» OX 0*5 *«JU0 CMM T at Ul 17.000 -OJOO KX k O03 1.140 -0 020 2S° is sty.. ujm J2 fS t?f? w MB -OjOOS 'S "7 *****533 words
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Article606 2002-08-01 14 BONDS WARRANTS mcm emt "oC C 3a> cmm—» mm »«iwf u» ASHVW***** 205 1 K 4» 1J0 23 AcmaUd**>***** 13 -OS U1 SO 636 4 67 28 AnO*VWS0610... M -1 82 1 33 3 136 35 Armstrong WM0S20 1j -1 10 ***** 22 8ar6%SA*****1 1«k _W 8ar65%J*****01 10k I 8onws»sW*****S606 words
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Page 14 Advertisements
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Advertisement658 2002-08-01 14 Cdl t*A-4rw ISM 299 M22 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of DONG SHENC TRADING (S) PTE LTD (la Mcabers'Vokutfary Liquidation) NOTICE Of FINAL ignmc NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap. V) that a Ktnal Meeting658 words
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Advertisement478 2002-08-01 14 IN THE MATTER Of THE COMPANIES ACT. CAT. SO AND IN THE MATTER Of ANG A CO PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al an Eafeoonfcnary General Maafcng of A* company held on 31st July, 7007 ol 543 OrcWJ Road. •01-17 Far East Shopping CMn, Swinopore 731M7 lite foMowwg Special478 words
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Page 14 Miscellaneous
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Miscellaneous136 2002-08-01 14 UKVPTAU CROSSWORD 23 Go m some anguish (5) 24 !^SL'?TJ> <tognCS 8 ImanaontorltiesoMiererT) Actom: 1 Une-tree. 5 Canto-, ing measles? (4,9) 13 a high voice in a mate w0 9 Moderate. 10 Smokes, 12 DOWN quiver (7) Lambda, 13 Gainsaid, 15 Swoi--1 Striker ties fancy fabric (7) 15 Takes away136 words
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BIZIT
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Article297 2002-08-01 15 Move to stabilise income through multi-year upgrade contracts Reuters [SEATTLE] Microsoft Corp is about to complete the biggest change in five years in the way that it sells its software to businesses with a system of locked-in upgrades and fixed payments that promises steadier revenue butReuters - 297 words
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147 2002-08-01 15 AFP [SAN FRANCISCOJ A US Judge has ordered the Internet address authority criticised in some quarters for being too secretive to disclose inner bureaucratic workings. The ruling on Monday by Los Angeles Superior Court Judge Di intra Janavs ordered ICANN (Internet Corp forAFP - 147 words
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227 2002-08-01 15 Bloomberg [ROSEMONT, Illinois] Motorola Inc executives said the company is poised for sales and profit growth in the next few years as demand across all product lines breaks out of a slump. Motorola expects annnai sales across all businesses to rise by an average 10Bloomberg - 227 words
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158 2002-08-01 15 Bloomberg [SUNNYVALE, California] Advanced Micro Devices Inc (AMD) said it has agreed to develop new designs for memory chips with Fujitsu Ltd and SaifUn Semiconductors Ltd, as the companies step up competition with Intel Corp. The accord includes settling a USBloomberg - 158 words
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Article, Illustration716 2002-08-01 16 kenneth james - lii comment INFOTECH For Singapore in particular, the question is not 'why services?* but 'what services?' kenneth james IBM, the world's largest computer company, makes its biggest-ever acquisition, buying PricewaterhouseCoopers Consulting for US$3.5 billion. Microsoft, the world's biggest company by market value, implements msyor716 words
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368 2002-08-01 16 Reuters [KUALA LUMPUR] US chip behemoth Intel Corp said yesterday that China will overtake Japan as the world's second biggest PC market this year, earlier than expected and underscoring the weak demand in Asia's most mature market. Christian Morales, Intel'sReuters - 368 words
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Article, Illustration553 2002-08-01 16 Rachel Ong - Tiexcluslve Universitas Global is a consortium of 16 universities, including NUS By, Rachel Ong THE world's first e-univer-sity will begin offering postgraduate courses in a range of subjects in business and technology early next year from Singapore. Called Universitas Global, it is a553 words
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Article3109 2002-08-01 15 Transaction date: Jul 31 mmmmmm* 1 ransacrum aate: Jul 31 a w. A s-g sra-a; ABNAmroNLG 56c 9 o ,'J 3 i**h 7 ;;i ii I P S «t? T 2» {ASJ Htdy 20c 46 5 uncti 22 48 5 48 5 4g 5 49 25 1? in3,109 words
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Article32 2002-08-01 15 r f -fr a eg: g "a-** «23: SSStszzzzlSr „2 JS'SMSOSpw, UB75 3500 nao miisunoo uskuoo raw no, m umSJT \m isiic snrmoo in? -i 2 1S7 ins 1H< 1M|32 words
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Article896 2002-08-01 15 r..i. is U M M» m MM MCa. -1- EH U» —ar Sa— C* T5 253 12 < AOMHUpSc 143 *5 2751 AS2Ito♦oTIZ_ B i 5 2 "l! 325 2 S M 7 s £122**=$} 5S S I 8 s 23 UcMrttook 15 J, 3 UA 12 l»5896 words
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Article125 2002-08-01 15 ■t* -11 s. s.'sl t x r: st "st T5 *i «ffi WJ *111 *31 AC Ml A 3 HKTMSfe*J£w w Un,,, 10 M W «S XI 228 1J0C5 1U 45 12BHJ -WIO -27 i» 7J H HMB.7 n/iuBOn *j( r^K.— I4B m j*« a HyunNKSS SOOO HK.125 words
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Page 16 Advertisements
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Advertisement103 2002-08-01 16 "THE BIG MUSICAL IS BACK!" TICKETS ON SALE MONDAY S'Ngn in the /J A in ■r' |M .v.,;- ■fra# The World's Most Loved Movie Musical Opens At Esplanade Theatres Oti The Bay! PERFORMANCES FROM 13 NOVEMBER 2002 FOR A STRICTLY LIMITED SEASON ESPLANADE —THEATRES ON THE BAY DBS American E103 words
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Advertisement79 2002-08-01 16 Mioroooft alters licensing plan, Pg 15 iookingj| greener Pastures? vl With 27-holes, an Executive Par 3 course, and spanking new 1 8-hole Gary Player course* Win 10,000 cash** when you renew or sign-up That's not all because you may also be ML. <. v*--"" to Mm IWi>i 11 G«and lucky79 words
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Advertisement14 2002-08-01 16 f (YA i f S»«RfcS& jfe"; T *.*s v i V• «i y Kit14 words
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SHIPPING TIMES
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Article40 2002-08-01 17 THE Baltic Dry Index rose 1 point to 965, the Baltic Panamax Index gained 7 points to 983, the Baltic Handymax Index fell 12 points to 7,486 and the Baltic Capesize Index was down 3 points to 1,077.40 words
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Article272 2002-08-01 17 MX 000 M3I S$ *h V* CWT Distribution 0.77 -0.02 13 Choan Hup 0.43 0.01 3073 Cosco In v*stm*nt —0.19 unch 125 Fr*ight Links 0.0S -0.01 250 GB Holdings 0.75 unch 0 Jay* Homing j 0.23 -0.01 mO K*pp*l Corp 4.46 -0.02 1060 Ktpp#l Marin* 0.16 -0.01 290272 words
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Article, Illustration521 2002-08-01 17 Beth Jinks - 13,997 seafarers have been endorsed to man S'pore's 3,373 strong fleet By Beth Jinks {SINGAPORE] An early start ensured Singapore met today's international deadline for compliance with heightened seafarer training standards, but vessels which do not will be detained here, according toFILE PHOTO - 521 words
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281 2002-08-01 17 [SINGAPORE] Keppel Smit Towage (KST) has clinched a LNG terminal services contract from Brunei Shell Petroleum Company (BSP). Keppel Smit will make available three tugs through its joint venture partner Briny Marine Services Sdn Bhd for the contract covering a minimum of 10 years.281 words
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MANNING laws
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Article, Illustration1185 2002-08-01 18 Leans Kah Wah - LeongKahWab suggests how shipowners can fulfil their duly to employ qualified, competent seafarers Leans Kah Wah The writer is from the Admiralty Shipping Practice Group of Rajah Tann WHILE shipowners are fully aware that they are required by law to employ suitablyFILE PHOTO - 1,185 words
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Article128 2002-08-01 18 PAGE USA 6 B'tanq Mas 6 CMACGM 3 COSCO 3 Columbus 5 Central Ei 4 China Sh(xj 5 Cougar 5 CWTCtobeto* 6 IX mas 4 Dongnama 3 ECl 3 Evergreen 4 FoonqSun 5 Fujitram 6 Gemartrans 4 Hangli 4 Hyundai 4 Heung-A 3 IRISt 5 KienHung 5128 words
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Article8466 2002-08-01 22 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertise* Vessel Voyage Telephone Oest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvoirt 12/08 03/09 Del mas KRIBI 232W 45******44 12/08 07/09 Kien Hung PROSPERITY CONTAIN PC203S 65******33 12/08 30/09 CMA COM VILLE DE ANT ARES I9SW 65******00 13/08 27/09 China8,466 words
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SHIPS IN PORT
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Article517 2002-08-01 24 Voy No Borth Arrival Departure JniNrt ALPHAMARMONI 62 J05 O1/O0/2OT7 OO 02/00/*****0 AM 5 JO3 01/00/*****0 01/00/*****0 l>n»AfERt» M2105 J03 01/08/*****0 01/06/2016.00 ll SI *2002 J05 01/08/*****5 01/08/202? 15 11 ,T J *<*01 J01 01/06/2013:30 01/06/20*00 IT CHUP CHUP I0M2 JOI O1/O6/2OO0OO 01/08/*****0 ITHARAPANJ Amq-01 J01 01/08/200*30 01/08/*****0517 words
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Article2083 2002-08-01 24 CONTAINERS TERMINAL AND VESSEL SCHEDULES oo Vessel Out In Btti Berthing Un Beth 00 Name v °y Vo r *eq berthing Nmbr oo B DMA C193E C193E 0308/2002-0800 0308/2002 1800 OO ACX L AC P* 25 1 0408/2002 1500 05/08/2002-03 00 00 ACXMARGUBU 006N 006N 1_ 0308/2002 152,083 words
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Article172 2002-08-01 24 Aagl Switzerland: National Day Aa(s UK: Bank Holiday (Scot) Aa|9 Singapore: National Day Aug 12 Thailand: Queen's Birthday AnglS Belgian: Assumption Day France: Assumption Day Italy: Assumption Day South Korea: Liberation Day Anf 17 Indonesia: Independ Day Ang 20 UK: Bank Holiday Aug 31 Malaysia: National Day Philippines:172 words
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Article808 2002-08-01 24 THIS report, compiled by Cockett Ma nne OU Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are Indicated. The Cockett Bunker Price Index change and808 words
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Article486 2002-08-01 24 Carbo* 180 Max 986.7 0.4 15.9 0.08 71 0 03 M18 Owwity »«tf »esMue AshAkmwntoa Sedintfnt No tbott £25 0 0 1 0 0 0 %m/m 380 Ave 980.5 02 MJ 0.06 29 0.02 UM-1 M 380 9,0 6 0 9 9 015 124 0.06 M/wi486 words
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AIR & LAND transport
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Article, Illustration442 2002-08-01 25 New owner trying to find ways of gonging money ont of customers part Virgin Bine owner AFP [SYDNEY] The privatisation of Sydney Airport is turning into a public policy disaster run by a "monopolistic price gouger", the part owner of domestic airline VirginAFP; AFP PHOTOS - 442 words
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Article, Illustration542 2002-08-01 25 Popular low-cost carrier wants to put in more seats Reuters [SEATTLE] High-flying discount carrier Jetßlue Airways Corp has asked Airbus SAS to consider building a slightly larger version of its popular A 320 jetliner to squeeze more passengers onto its already crowdedReuters; FILE PHOTO - 542 words
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268 2002-08-01 25 AP [WELLINGTON. New Zealand] Striking workers at Fiji's Air Pacific airline have been ordered back to work by today by the South Pacific nation's industrial arbitration board, the carrier said. Following the arbitrator's order, Air Pacific chief executive John Campbell said yesterdayAP - 268 words
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115 2002-08-01 25 AP (HONG KONG) A Dragonair jet bound for Shanghai with 197 people aboard turned back after experiencing technical troubles but landed without incident. The pilot on flight KABOB reported a problem in one of the cockpit instruments on Tuesday evening and decided to flyAP - 115 words
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190 2002-08-01 25 Dow Jones Newswires [ATLANTA] Delta Air Lines agreed to an interline arrangement with UAL Corp's (UAL) United Airlines that extends electronic ticketing to customers who travel on Delta and United in the same itinerary. In a press release on Tuesday, Delta said the agreement,Dow Jones Newswires - 190 words
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LOGBook
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Article120 2002-08-01 25 AFP (AUCKLAND) National carrier Air New Zealand yesterday cut domestic ticket prices by an average of 20 per cent with its new no-frills domestic fares. Its single-class domestic Express service, which starts flying in November, will replace full meals and drink selections with a snack,AFP - 120 words
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97 2002-08-01 25 Reuters [LOS ANGELES] A Delta Air Lines jet with 167 people on board made an emergency landing at Los Angeles International Airport on Tuesday after losing power in one of its two engines, an airport spokeswoman said. Delta Flight 1938, bound for AtlantaReuters - 97 words
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116 2002-08-01 25 Bloomberg [KANSAS CITY, Missouri] Vanguard Airlines, a low-cost airline that never made an annual profit in six years as a public company, filed for bankruptcy protection after failing to get a government-backed loan guarantee. Vanguard quit flying and fired most of its 1,100 workers asBloomberg - 116 words
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Article1731 2002-08-01 25 an FLIGHT EI* FLIGHT {TO *Ma«e 8*7381 18*0 8*7382 2m WW W40 0F82 2215 Amsterdam 5035 0655 0*974 0130 *1837 1510 U838 2225 $024 2345 SO36 2345 *H*m SO347 0550 Auckland LM9817 1900 LH9816 2020 *223 1900 N224 2020 S***** 1900 S***** 2020 ****** 2045 ******1,731 words
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Transhipment 2002
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Article, Illustration768 2002-08-01 26 P T BANGSBERG - With increasing competition in transhipment, a port's location is not the prime factor of success. Instead, strong connectivity, value-added sen/ices and a pro-business government make all the difference, p tbamcsberc reports P T BANGSBERG THE world's two biggest container ports are feeling an unaccustomed pinch from competitors particularlyFILE PHOTOS - 768 words
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Article, Illustration658 2002-08-01 27 DAVID HUGHES - A recent study suggests that bigger vessels are only viable if they are part of a closely integrated network that ensures high utilisation levels for all ships, david hughes highlights the findings DAVID HUGHES BIGGER is better in the box business, but only if you can FillFILE PHOTO - 658 words
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Article413 2002-08-01 27 DONALD URQUHART - n u DONALD URQUHART PLAYING a small but vital role in the underlying workings of a transhipment hub the cargo consolidators or non-vessel-operating common carriers (NVOCCs) work alongside a hub's backbone of mainline and feeder operators to efficiently move cargo across the globe. To solve the problem413 words
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Article307 2002-08-01 27 BETH JINKS - By BETH JINKS A TIGHT network of localised feeders providing regional connectivity is an essential tool to building a successful transhipment base anywhere on the globe It is for this very reason that the fight between those endeavouring to become transhipment hubs including the Port307 words
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Article, Illustration862 2002-08-01 28 DAVID HUGHES - Having dedicated terminal hubs may prove an edge to both ports and shipping lines in the expanding Northern European transhipment market, david hughes reports DAVID HUGHES IN the European ports scene, transhipment in the sense of transferring containers from mother ships to feeder vessels is just one elementFILE PHOTOS - 862 words
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Article, Illustration609 2002-08-01 28 PSA has leveraged on its hub status and technology to provide shipping benefits A WORLD without transhipment would be a chaotic one indeed. Suppose there are 20 ports in Europe and another 20 in Asia. If there were to be a direct connection between each pair609 words
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Page 17 Advertisements
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Advertisement60 2002-08-01 17 Owners most take due care in hiring crew, Pg 2 Aviation news is on pg 9 .V't' -ft 4* ."A wt i 4 i v. r- i-v i r U II ii't i V ;j« jr. ft i; Hj »•ii• "ltd. _jy v.. ft-.l 2 1 J .> t d60 words
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Advertisement17 2002-08-01 17 Transhipment 2002 Connectivity counts -■■■■wwmw wniii# aMa,M t£3HI DWcießclw o>«fae KttßH MtCTWB rnnilintr in«i, rueiiing growtn nUKTHNK17 words
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Advertisement406 2002-08-01 18 I NORTH AMERICA QULF/INDIA SUB-CONTINENT I [SUPER SHUTTLE EXPRESS |MX) [GULF KARACHI EXPRESS (QKX) vor list j—arnr "vest wf u I« 1 1 22 578 STB mMUIUM M 8/V ~WW ivi sssr" ss ss ss sz 1 1 r I va 1 Miami n mm nm itm nm >omMlt BAHKAM406 words
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Advertisement64 2002-08-01 18 o £tx+ WORLDGATE EXPRESS LINES PTE LTD 180, CecN Street, #16-03A>4, Bangkok Bank BuMcNng, S*pore *****6 TSm Tel: *****911 Fax: *****073A*****863 Email: wrote embox2.singnetcom.sg WEpS/ TE: http //www worldgsTe com sg >w> V»' Ta'v Calcutta f Chlttagong COLOMBO j 03/08 Karachi port louis oeToi" Bombay V V KARACHt/LAHOBE 02/06 I64 words
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Advertisement591 2002-08-01 18 lj"« services represented by jo Members of ihe Registry of Accr drted dipping Agents, Singapore Shipping Association ULY UNE MALE X r VKsa VOT fTA ETA HA A f. KUNG STOKE mil Empress Uly 0502 10/08 11/06 18/08 Princess Lily Q7Q2 21/08 22/08 30/08 Empress Uly 0602 08/09 09/09 16/09591 words
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Advertisement6 2002-08-01 18 Members of tKe Singapore Logistics Association6 words
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Advertisement859 2002-08-01 19 TO USA (SAX SERVICE) vissa VOT SIM ETA LAX OAK DAI HOU CHI COi MM ATI NYC Aft lELGIUM 106E 07/08 22/0« 26/ M 26/ M 26/ M 26/08 27/01 26/08 28/08 28/08 API HOLLAND 1101 14/08 N/08 02/09 02/09 02/09 02/09 03/09 02/09 04/09 04/09 APLENGLANO I *21 21/08859 words
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Advertisement1516 2002-08-01 19 KmIK DIRECT CALL TO CoST«s^rlTcmmT'SSSiU "ffIST "Sn 3 NO: **********011 TIL 4274 1900 (MAM) INWARD (0/0) M7OS7S6 *****319/49 I MMMB ftHjtf 12 DAYS MUM't Mtirf. T/SINP OIF *****17S *****314/44 I m HUL 07-*****70 (OWVmTKMAI MM5301/150 *****323/73 Hf™ 011 11 W 1,11 1,10 M" w W ao m w (05(0 HOW1,516 words
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Advertisement549 2002-08-01 19 fflL Sl STTjir* PUS SUA UK VESSa VOY m*im Jos2_ JZL JZI m m m mrna YAMTRA jljßj WO It 9/1 13/B 14/8 20/1 22/8 74/B UIABHUN JUS IQ/| 13/| n/| G tn >HUM MOM 16/8 70/8 21/1 27/8 79/8 31/8 UURHUM 268S 17/1 20/8 21 f% HUMSA BHUM HOS3549 words
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Advertisement755 2002-08-01 20 HMMW' HYUNDAI MERCHANT MARINE CO., LTD. Jjawipi|i: wnnw.l—2l.w CJt NO. **********08 |vea vot sw sou uh ]~rtm wit how wv frost! »ot sou leh rtm /mi ham" mv iiw HTMGHNESS 338W 29/07 70/01 U/OI 16/01 11/01 MM PROGRESS OOIE 12/07 13/07 07/07 09/07 30/07 API CORAL 107W 01/01 11/01 20/00755 words
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Advertisement638 2002-08-01 20 Uftfl HJ\] LIHSS INTRODUCING: NEW WEEKLY EXPRESS SERVICE > Jeddah fl A|» MB Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 M s» na lex ujmut mtp ASU EXPRESS IMA 07/01 31/07 06/ M 00/00 I M/W 13/ M 18/0® M/S •MA 26/00 2S/00 30/01 02/09638 words
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Advertisement720 2002-08-01 20 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POINTS rasa vot sw pjuamg cotcxMQ n sheva Colombo IOWHUIDU OCS7W NJM JIJUI 4AUG mic 10AUG (OIAKMIA ffIWOS IAUG "IS OMTT \UM HA* <010 FALCON 07*S 14 AUG (Ml MHT It AUC If AUG IAJWtMHWI OI3W HAUt ?l720 words
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Page 21 Advertisements
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Advertisement1190 2002-08-01 21 vo T HKO SIN PttL DXI BAB DMM BIK IRAN KERMAN PCt-269 23/07 24/07 27/07 2S/07 04/08 05/08 0708 09/08 "AN ISFAHAN PCI-270 30/07 31/07 03/08 04/08 11/08 12/ OB ,6/08 TJ/M IRAN HORMOZGAN PCL-271 06/08 07/08 10/08 11/08 18/08 19/08 23/08 25/ SI IRAN TEHRAN PCI-272 13/08 14/08 17/081,190 words
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Advertisement582 2002-08-01 21 1 NHHH UK CONTINENT SERVICE Loadvig tor STAFFING RDM/ATW/BMM/UK/NAN OCEAN FRIEND RDM/ATW/BMN/UK/NAN I Loads Singapore. E7W. Mataysa. Indonesia J MIDDLE-EAST SERVICE Loading for AGIOS NECTARIOS DBI/ABU/DOH/BRN/DMM/KWT TRADER DBI/ABU/DOH/BRN/DMM/KWT PETROS R ADN/HDD/JDH/AQA i OR HAN EKINCI DMT/JDH/AQA SWIFT DBI/ABU/DOH/BRN/DMM/KWT "Loads Singapore. E7W Malaysia. Indonesia USA SERVICE Loadvig for ATLANTIC FORTUNE CAM/NFK/SAV/NOL582 words
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Advertisement649 2002-08-01 21 lb fll -—gg- aTTs i bl Solißm! —S W& IMS 1 -H!H«S «s 1 yftfc fw wssn vor sp nu KflL. ttMl! BiZM M/W ITrmi mi 31 /07 07/ m "UOIP KOO7O JtTJOAI,U ggl M/W L__oj/M_J |_jnjgMgu_ mj TTm M 7S Smm. g?,--gjj —SSi- Ssn —a at H/W IJ/M utcpusan649 words
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Advertisement118 2002-08-01 22 L LINE -Y*y jjjL-r*** ll I«ip— Tap K—f Ibt Nfcfl It—r— MBjin Abo Dhabi CI93E" 03/08 29/08 OMIT 09/09 12/09 Abu Dhobi CI93E" 03/08 22/08 28/08 29/08 Abu Dhobi Cj?3E" 03/08 ~2i708" 02/09 03/09 05/09 ~***** 08/09 Millenio lower 205N 10/08 22/08 29/08 Millenio Tower 205N 10/08 29/08 OMIT 09/09118 words
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Advertisement298 2002-08-01 22 CWT GLOBELINK PTE LTD J ownoeeicesin TEL:*****833 (36 LINES) FAX:*****742 SVOWfr MELBOURNE PENANG PORT HUANG PASIR GUDANG KUCHING BANGKOK KARACHI BOMBAY V NEW DEL HI-COLOMBO-MO CHI MINH CITY HAIPHONG HANOI BREMEN HAMBURG TIANJIN QINGD AO SHANGHAI XIAMEN EUZHOU DALIAN XIANBEIJING SHI JIA ZHUANG DIRECT SAILING TO: wmm suß<mnmmr /~~S MUMBAI298 words
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Advertisement15 2002-08-01 22 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS Shipping Times15 words
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Advertisement245 2002-08-01 22 BSA^ Mgk MYANMA ■BBk FIVE STAR UNE (Myoraor Notioaol IJm) loodiag for Ym^m vessei vor m m pen pgu OM SHWE HAW S4W Sir PAGAN V3O6W Sift IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03 *****300 P*l: 03 317M101 PEN: 04 M ***** BANK LINE (A service of Andrew Weir Skipping)245 words
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Page 24 Miscellaneous
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Miscellaneous124 2002-08-01 24 LEGEND: Issued by Meteorological ServiceT^vjsk^jjEA Thunderstorm Showers Rain T^'# n 3 TiL atUre C) Wind direction and speed in knots Cloudy Day Wea,her W ><J Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j Sli 9 ht> *1 2m124 words
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Page 25 Advertisements
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Advertisement157 2002-08-01 25 FAR EASTERN FREIGHT CONFERENCE (FEFC) ASIA/GULF OF ADEN AND RED SEA PORTS (GARS) Peak Season Surcharge (PSS) In order to cover ihe incremental costs needed to serve this trade during the peak season. Member Lines of the FEFC has decided to implement a Peak Season Surcharge of USD 100.00 per157 words
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Advertisement46 2002-08-01 26 YOUR SOLUTION TO TOTAL LOGISTICS mpiL mm TOTAL TRANSPORTATION PACIFIC INTERNATIONAL LINES (PTE) LTD ADVANCE CONTAINER LINES (PTE) LTD 140 CECIL STREET #03-00. PIL BUILDING, SINGAPORE *****0 140 CECIL STREET #12-00. PIL BUILDING, SINGAPORE *****0 TEL: (66) 6221 8133 WEBSITE: www.pllshlp.com TEL: 65-6221 2621 WEBSITE: www.adship.com46 words
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Advertisement99 2002-08-01 26 LINER SHIPPING PTE LTD 10 Anson Road, #17-01 International Plaza, Singapore *****3 Tel: 6 *****33 (20 Lines) Fax: 6 *****13 E-Mail: liner@linership.com LINER LINER LINER *****133 jraqv I IRAN sauwKV. EGYPTY\arabia JEDDAH KUWAIT L mina QABOOS RIYADH L BANDAR ABBAS DAMMAM r f-SHARJAH BAHRAIN L DUBAI DOHA J l-ABU DHABI99 words
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Advertisement34 2002-08-01 27 Mtrttirji xfr Vift wr nA /'AAA ry"T jodc. TRULY THE GjjTVTfilE WORLD Of International Freigfit Forwarding Global Logistics Solutions Sft-b.n.f £j) S (i X i H| iT l» j oj» Y y' 4s Ft-34 words
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