The Business Times, 2 August 2002
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2002-08-02
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The Business Times
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Title Section14 2002-08-02 1 MITA(P) 010/03/2002 854 THE BUSINESS TIMES SINGAPORE i,-.temPt: http://business-times.asial .com.sg FRIDAY, AUGUST 2, 200214 words
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Article77 2002-08-02 1 SIX ÜBIM (+8.65) ST INDEX FUTUUB UaOIOO (+5.00) H smsca FOTDIES ■I VMM (unch) CT0G1MAMET INDICES Thursday Change KLSEOOMP ***** +M NIKKEI 225 9.793-61 -84.43 HANG SENG 18,180.02 -8714 SET INDEX 376.68 *0.66 JAKARTA COMP -461.28 -219 MANILA COM P .1,125.16 *1.92 TAIPEI WPI 4,916.59 -28.79 SEOUL COMP77 words
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Article69 2002-08-02 1 FOKEXIATES LSI S$ US$ (S$ per US$) 1.758 £(l S$/S$ per 1.562 1728 EUROftJSS/SS/E). 0J>74 1.713 YEN 119.9 6810 RM 3*00 1162 HKS 7.800 4.438 BAHT 4101 23.90 Rl.'PlAH 9,125 5,191 PBUfE RATES SINGAPORE* 625 KUALA LUMPUR 6 40 HONG KONG 6126 JAKARTA 3900 TAIPEI 8626 TOKYO 1^76 SEOUL69 words
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850 2002-08-02 1 Lee Han Shih - Using Dao Heng sale proceeds, he is targeting two family-owned banks I=l By] Lee Han Shih [SINGAPORE] After selling his Dao Heng Bank to DBS Group for what many say was an overpriced figure of $10 billion, Malaysian tycoon850 words
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957 2002-08-02 1 Kalpana Rashiwala - Bnt Capita Land comes in a distant third to Far East and Hong Leong rT7excTusive By: Kalpana Rashiwala [SINGAPORE] The three biggest property groups here Far East Organization, Hong Leong Group and Capita Land accounted for 35 per cent of the957 words
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426 2002-08-02 1 Vince Chong - Bnt consultants doubt cut-off date can be shifted By Vince Chong [SINGAPORE] Some home buyers who have signed up for deferred payment schemes offered by developers are clamouring to be included in the new CPF downpayment rule. The new rule,426 words
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Page 1 Advertisements
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Advertisement84 2002-08-02 1 DHBPB Top Stories Tung Chee-hwa promises accountability over penny stock fiasco. Next Page S'pore economy: Manufacturers less upbeat over H2 prospects. Next Page EDB marks 41st anniversary by launching Heart Work, a book on Its trials and triumphs. Pg 7 Rodyk Davidson, Helen Yeo Partners to merge. Pg 9 Bank84 words
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Advertisement61 2002-08-02 1 Is DBS putting a brave face on Dao Heng? B Hotel loyalty cards you pay a few hundred dollars and get discounts at In-house outlets. Is it worth the money? What's In Style gets the lowdown. Out with bubble tea and in with health drinks? We put the latest thirst-quenchers61 words
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Advertisement8 2002-08-02 1 10, COMANDANT«i^^. H *4^l fl «'Jktf. /V 11118 words
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Advertisement6 2002-08-02 1 Expensing to cover old stock options?6 words
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Article, Illustration523 2002-08-02 2 Audrey Tan - PEmfY STOCK FIASCO But he sidesteps question on need for any official to quit over fiasco From Audrey Tan in Hong Kong AS small investors continue to lam bast government officials on the radio, Hong Kong chief executive Tung Chee-hwa vowed yesterday to take action againstAP photo - 523 words
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548 2002-08-02 2 Eugene Low - Jnst 10% expect better H2, compared to 32% a quarter ago: EDB survey rare on the economy By\ Eugene Low CONTINUED uncertainty over the US economy and weaker-than-ex-pected electronics demand have dampened the business expectations of manufacturers here. Compared with a quarter ago, manufacturers548 words
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ON THE grapevine
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Article128 2002-08-02 2 SO IBM is buying the consulting arm of PricewaterhouseCoopers? Perhaps it should read this first. We reported in this column a couple of days ago that when Nasa began to launch astronauts into space, it found out that pens don't work in zero gravity ink doesn't128 words
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Article83 2002-08-02 2 WE are happy to report that we got one Grapevine item yesterday wrong. We bemoaned the fact that the Land Transport Authority was conducting courses for school bus drivers and attendants in both English and Chinese, but that the test was only in English. This83 words
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50 2002-08-02 2 The following are the results of a recent BT Online poll: Can housing loan interest rates go any lower? Yes. because banks are fighting for business: 51% No, because banks will be making losses: 29% Who cares? I can't afford to buy property: 20%50 words
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396 2002-08-02 2 It approves procedural motion by a vote of 64-32 Reuters, AP [WASHINGTON] The US Senate yesterday cleared the last hurdle to final approval of a bill to boost President George W Bush's power to negotiate trade agreements, by voting to limitReuters,; AP - 396 words
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371 2002-08-02 2 Such a move won't discourage firms, say accountants Bloomberg [NORWALK, Connecticut] US companies that decide to treat stock options as an expense may have to start the accounting retroactively, to cover any options already granted instead of beginning with new awards.Bloomberg - 371 words
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Page 2 Advertisements
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Advertisement486 2002-08-02 2 mmmrmmm ■EH2&§BBSII^^^mmS!SS£mSiSSiSSSUSm^mISSSS£^i^ CSA HOLDINGS LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held at the CSA Auditorium at 221 Henderson Road #08-01. Henderson Building. Singapore *****7 on Tuesday, 20 August 2002 at 11.30 a.m. to transact the486 words
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Advertisement8 2002-08-02 2 lomom from HK penny stock fiasco, Pg 108 words
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Advertisement9 2002-08-02 2 GE |dm a step further than expensing, Pg 139 words
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SINGAPORE companies
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Article, Illustration510 2002-08-02 3 Ven Sreenivaaan - Govt move will also fuel growth in structured finance, says HVB official By Ven Sreenivaaan THE government's decision to give banks first lien on mortgages could be a mstfor driver for securitisation activities here, according to Eddie Wong, Asia chairman of Bayerische510 words
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664 2002-08-02 3 lee han shih - lock siew lee han shih AT A recent briefing, DBS chairman S Dhanabalan promised investors that Dao Heng Bank would start yielding good value in three to five years. Fair enough. But it's already been more than a year since664 words
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502 2002-08-02 4 Ven Sreenivasan - It recommends capitalising on US recovery through Asian equities By Ven Sreenivasan THE likelihood of a US "double-dip" recession is much more remote than anticipated by the market, according to local investment house DBS Vickers. Instead, falling inventory and rising productivity levels could boost502 words
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241 2002-08-02 4 ON-LINE unit trust distributor Pundsupermart.com raked in sales of $51 million in the first seven months of this year, exceeding the $35 million worth of funds it sold in the whole of last year. The company, which began selling funds in January 2000 and currently241 words
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Article137 2002-08-02 4 Reuters SHARES of Citiraya Industries soared further in their second session of trading yesterday, handing investors a return of 62 per cent in less than two days. The electronics scrap recycler closed up 4 cents at 40.5 cents with 164 million shares changing hands, toppingReuters - 137 words
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COMPANY Briefs
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69 2002-08-02 5 Dow Jones [SINGAPORE] The real estate investment arm of the Government of Singapore Investment Corp (GIC) and Canada's CDP Capital-Real Estate Group have agreed to form a £400 million (Ssl.l billion) joint venture to make property investments in Europe, the Canadian company said yesterday.Dow Jones - 69 words
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49 2002-08-02 5 Bloomberg CHINA Aviation Oil Singapore Corp said it paid 60.6 million euros (*****.7 million) for a 5 per cent stake in Compania Logistica de Hidrocarburos, which owns Spain's oil product-distribution network. China Aviation supplied 97 per cent of China's jet fuel imports last year.—BloombergBloomberg - 49 words
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Article85 2002-08-02 5 THE Land Transport Authority (LTA) has awarded two msyor civil contracts for Stage 2 of the MRT Circle Line. A joint venture between Singapore's Econ Corp and Sweden's NCC International landed tunnel and underground station works at Bartley and Upper Paya Lebar roads worth around85 words
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72 2002-08-02 5 Bloomberg MOBILEONE Asia Pte, Singapore's second largest cellular operator, said it will introduce a service for users to send and receive photos via mobile phone. The multimedia messaging service will start tomorrow. Free for the first month, it will cost as much as $1.20Bloomberg - 72 words
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Article70 2002-08-02 5 Bloomberg TAT Hong Holdings Ltd, a Singapore-based heavy equipment supplier, said it plans to raise gross proceeds of $12 million from a private sale of shares to raise funds for operations. The company will sell 40 million new shares at 30 cents each,Bloomberg - 70 words
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Article, Illustration386 2002-08-02 5 Siow Li Sen - Low interest rates, soft equity markets cited for cnts in targets for year By I Siow Li Sen INSURER Great Eastern Holdings yesterday again disappointed with a 6 per cent drop in net earnings to $140.8 million for the halfyear ended386 words
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340 2002-08-02 5 Serena Ng - Serena Ng NEWPINE, the acquisition vehicle formed by a group of members of the Pinetree Town Country Club, will be making a bid for the club's assets and property, after it managed to raise sufficient funds at the close of its340 words
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421 2002-08-02 5 Andrea Tan - Price for office block to be judged vs market valne By Andrea Tan HONGKONG Land said yesterday it was open to selling one of the two towers at its mega office project at One Raffles Quay which costs less to build421 words
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Article132 2002-08-02 5 ELECTRONICS industry veteran Jim Norling has taken over as chairman of Chartered Semiconductor Manufacturing, replacing Ho Ching. Ms Ho, in her new role as executive director of Temasek Holdings, has decided to resign from a number of directorships to focus on her new responsibilities. Mr Norling,132 words
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Page 3 Advertisements
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Advertisement39 2002-08-02 3 Lianhe Zaobao I Beijing's nouveau-riche I I flaunt their wealth by I I paying more than I I $1/000 each to dine I I at a $20m restaurant I I SJT&tt2ooo7j I I +xmm± s ?7c I I I39 words
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Advertisement110 2002-08-02 3 y > f. *JS x r .j? .V.. mm lillwl'wwl Tlww instalments. (JF I I < Time is on your side. ?4 IV Enjoy the convenience and flexibility of 12 months interest-free instalments on your Loewe Digital TV or Bose® Lifestyle® Systems purchases with any of the following credit cards110 words
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Advertisement1026 2002-08-02 4 |cg| CEI CONTRACT MANUFACTURING LIMITED ANNOUNCEMENT RESULTS The unaudited results of the Group and of the Company for the financial half year ended 30 June 2002 are as follows: GROUP COMPANY 2QQ2 2001 ±/t) 2002 2001 $'000 $'000 $'000 $'000 Turnover 22,265 30,065 (25.9) 21,982 29,949 (26.6) Other income (including1,026 words
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Advertisement564 2002-08-02 4 I AIWA ELECTRONICS (M) SDN BHD 1 Tanttoit ara Minted lor Mm purchaaa of aaaats batongmg Id Mm AonrnMltnl Company Tarma and condMona of tandar can ba ottainad from tha Agant. Aaaata to ba aold ara Cod* Fac-I(PTD 9712S Lease) Factory at No 1, Jaian Firma I.Tebrau Industrial Estate 1,564 words
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Advertisement709 2002-08-02 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2Xb) and IN THE MATTER OF EN2ER INVESTMENTS PTE LTD (In Members' Voluntary Winding Up) At an ExtiOmJiiiary General Meeting of the above named Company duty convened and held at Blk 4012 Ang Mo Kk> Avenue 10. #06-08/11709 words
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Advertisement1133 2002-08-02 5 To advertise call toll-free 1800 289 8822 Email rccruitSOsph com.tg IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF INTERNATIONAL BEVERAGES CORPORATION PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract of the minutes at the Extraordinary General Meeting of members of INTERNATIONAL BEVERAGES CORPORATION PTE LTD1,133 words
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Advertisement229 2002-08-02 5 IN THE MATTER Of THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF ANG JAI CHUAN A SONS PTE ITO (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL GENERAL MEETING Nofcc* ishereby given that pursuont to Section 308 of the Componiet Act. (Chapter 50), that the Final Meeting <rf the229 words
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Advertisement149 2002-08-02 5 The Ideal Gift To Celebrate The 37th National Day Bf BIT i PS H|l O 2s Photography by Goh Tianwah An ideal gift for friends, relatives as well as overseas clients. It contains more than 120 photographs capturing the best sights and the latest landmarks of exciting Singapore A Short149 words
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SINGAPORE markets
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Article, Illustration314 2002-08-02 6 OTHER SINGAPORE INDICES Aug 1 VALUE CLOSE BT OB/OS -656.00 +15.00 ST CADI ******.00 +2100 BT 10-4*y MA ******.00 AA-SG Equitm 407.98 +1.57 SGEjoWMBtct 120.12 -1.13 SGEqaMMFin 1330.04 +5.39 SG Eqaibes Prop 406.48 -1.18 MSa Singapore 189.36 +0.96 SMSCIFatares 187.90 unch Slocks Volume Citiraya 2.5c 164.242.000 Autron 26.883,000 Aspnetcen 2.5c314 words
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Article, Illustration308 2002-08-02 6 Ven Sreenivasan - HOT STOCKI WARRANT Ven Sreenivasan IN a market buffeted by volatility and lack of earnings visibUity, the risk of holding small caps is obvious. But there are many second liners which offer good value, have focused business strategies, are headed by strong management308 words
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Article, Illustration745 2002-08-02 6 r. sivanithy - I:l I comment STOCKS r. sivanithy IF there is anything retail investors should take note of from the bear market of the past few years, it's that they have to temper their expectations of the returns that equities can deliver. Those who expect dou-ble-digit profits in a745 words
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Article, Illustration316 2002-08-02 6 larry wee - Commodity currencies As, NZ$ hammered on weaker US ontlook larry wee THE US dollar shook off weak overnight numbers in Asian trading yesterday, hammering commodity currencies badly and nudging the euro just below our key support area of 97.40-60 US cents inSource: Reuters - 316 words
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Article3603 2002-08-02 6 UNIT TRUSTS FUNDS ABN Amro Asset Mgt (S pore) Star Europe Eqty!* 0.65/ St* Europe M 1 OSfr Star Europe Sol 0 836/ Star Asian Tiger Eqty 0 727/ Star Asia Bond 1-254/ Star Asia Balanced 0 84/ Star Global Technology Fund" 0 16& Star Bhv Finance Japan Fund 13,603 words
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SINGAPORE news
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Article812 2002-08-02 7 Chuang Peck Ming - It marks 41st anniversary by launching book on its trials and triumphs Byi Chuang Peck Ming FORMER Cabinet minister S Dhanabalan was a greenhorn civil servant when then finance minister Goh Keng Swee asked him to draft the covering memo seeking Cabinet's approval for812 words
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Article100 2002-08-02 7 'As Joe Pillay (Singapore Exchange chairman) told me in another context,' You can only be a salesman if you can go on smiling even when the prospective customer spits in your face. 'He told me candidly that he could not.' —Ngiam Tong Dow. former EDB chairman 'To100 words
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376 2002-08-02 9 Conrad Raj - Rodyk Davidson, Helen Yeo Partners to merge Combined entity will rank among the 6 largest law firms in S'pore By Conrad Raj SINGAPORE'S oldest law firm, Rodyk Davidson, and one of its youngest, Helen Yeo Partners, will merge on Nov 1. "This makes legal history. A merger of two law376 words
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Article, Illustration426 2002-08-02 9 Yang Razali Kassim - Make S'pore, M'sia anchor economies in region, says M'sian trade minister By' Yang Razali Kassim IGNORE the political noise and get on with business. Better still, join hands to invest and operate in third countries and make Singapore and Malaysia the region's anchor economies. This,GEORGE GASCON/ST - 426 words
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458 2002-08-02 9 Serena Ng - RAFFLES TOWN CLUB SUIT Facilities could not be enjoyed as promised, they say By\ Serena Ng THE effect of Raffles Town Club (RTC) taking in 19,000 members was that its members could not enjoy the club In the way it was promised, the plaintiffs in458 words
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435 2002-08-02 9 Catherine Ong - By Catherine Ong ASIA, a region that does not generally subscribe to the Western idea of a free press, has become a more hospitable place for journalists, participants of a media conference said yesterday. Foreign correspondents covering the region are seeing greater access and a435 words
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Advertisement278 2002-08-02 7 advert* call toll-free 1800 289 8822 Email nawWmkjcamJt IM THf UAnto nt I i IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TYE HUA INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308( 1) of the Componies Act.278 words
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Advertisement389 2002-08-02 7 IN THE MATTE* OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OVERSEAS UNION GARDEN (PRIVATE) LIMITED (In Mtmb«n' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308( 1) ol the Componies Act, Cap 50, that a Final General Meeting of the abovenamed Company will be held389 words
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Advertisement504 2002-08-02 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CFE TECHNOLOGIES PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (COMPANY NO. *****9217 D) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cop. 50. that the FINAL MEETING of the members ond504 words
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Advertisement732 2002-08-02 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BLYTHE COLOURS SINGAPORE PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 140 Paya Lebar Road #06-01. A Z732 words
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Advertisement316 2002-08-02 7 In the Mo«er of The Companies Act Cap 50 ond In the Matter of E P MARKETING PTE LTD (In Members' Voluntory Liquidation) At on Extraordinary General Meeting of the abovenamed Company duly convened ond held at 2 Hovelock Hood #06-08 Apollo Centre Smgopore *****3 on Monday 29 July. 2002316 words
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Advertisement793 2002-08-02 7 Grid offers SAVINGS •n your company's wireless communication costs. IVe provide the convenience of a two-way radio with the flexibility of a phone in a single handset. At the touch of a button, you can connect anywhere on the island, to individuals or groups. An essential tool for effective management793 words
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Advertisement184 2002-08-02 7 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 26 of 2002/Z IN THE MATTE* OF THE COMPANIES ACT, CHAPTER 50, 1994 EDITION And IN THE MATTER OF NET:WXS INTERNATIONAL PTE LTD (REG NO *****8866 M) NOTICE OF WINDING UP In Ihe motter of NET:WXS INTERNATIONAL184 words
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Advertisement188 2002-08-02 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JACK-IN TECHNOLOGY PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuont to Section 308 of the Companies Act, Cop 50, that the FINAL MEETING of the members of the abovenamed Company will188 words
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Advertisement226 2002-08-02 9 ~^r r magp =.'jßP^f mSf? mm Jt'Smttk?"'' ®§S*- W if* iSirSBIwFI ■&•> V BBK J- *9% 3 :Bdßi 'il6«- <- £•£<•; -Mffe M M fl®p? JRJr SiPB» "■W n IBk M tjfr:- f 11 m- v B.; tf a £< V Yjfl ■Kl.a W K, iliii K rlf jHIS|Kfli n226 words
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EDITORIAL & opinion
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Article, Illustration639 2002-08-02 10 ronnie lim - I bottom line OPINION ronnie lim The writer is BT's foreign editor IMAGINE Singapore's oil industry losing its "swing" as a regional refining centre, and, with that, the axe coming down on plants which would then become superfluous. Is this merely boardroom scenario639 words
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Article117 2002-08-02 10 Now, PhD economists know what almost everyone else knew: that the economy was in recession in the first three quarters of last year.' -Bobßarbcra an economist, on the US Bureau of Economic Analysis' finding that the first three quarters of2ool showed annualised declines in output of 0.6,1.6117 words
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650 2002-08-02 10 EDITORIAL THE furore in Hong Kong over penny stocks in the stock market may hold some useful lessons for regulators in other markets. Briefly, the Hong Kong Exchange (HKEx) unveiled proposals last Thursday to improve the quality of its listed counters, among which was650 words
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Article, Illustration878 2002-08-02 10 Robert Samuelson - It's a painful lesson to learn but ordinary Americans are realising the virtues of saving earlier and retiring later By] Robert Samuelson The Washington Post Writers Group THE stock market's fall, it seems, has created a new social crisis. People in theirThe Washington Post Writers Group; AFP - 878 words
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Article604 2002-08-02 10 Chong Huai Seng - MAILHEffI Chong Huai Seng Vice-Chairman Panpac Media.com Ltd Singapore I REFER to your editorial "Quality matters in listings" (BT, July 31). I agree with you that the Singapore Exchange (SGX) should not be blamed for the poor performance of recent initial public offerings (IPO) just604 words
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135 2002-08-02 10 Denis Distant Singapore - Denis Distant Singapore THE economy may have slowed down but that's no excuse for slowing down maintenance work on essential services. The very much used escalator in front of CK Tang's leading to the Orchard Road underpass has been closed for maintenance and135 words
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Advertisement69 2002-08-02 10 We welcome letters. E-mail us at btletter9sph.com.sg or fax us at *****277, or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and69 words
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REGIONAL news
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NOTE Book
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89 2002-08-02 11 Reuters [HONG KONG] Cheung Kong Holdings and Hutchison Whampoa, the twin flagships of tycoon Li Ka-shing, yesterday said they would buy up to US$4O million worth of shares in online travel firm Priceline.com. Cheung Kong and Hutchison jointly own 31 per cent ofPriceline.com. AReuters - 89 words
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Article75 2002-08-02 11 Bloomberg [HONG KONG] About 110 villagers from a «nmii village in Hong Kong's New Territories are demonstrating outside tycoon LI Ka-shing's central offices against a move by one of his companies to evict them from land they farm. Cheung Kong Holdings bought the land 10 yearsBloomberg - 75 words
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Article86 2002-08-02 11 AFP [JAKARTA] Tommy Suharto, youngest son of Indonesia's former president, yesterday said he will not appeal against his conviction and 15-year prison sentence for murder and other offences. Tommy told a press conference at Cipinangjail that he could not expect justice and "with a heavyAFP - 86 words
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95 2002-08-02 11 Reuters [BELTING] China's sizzling economy could grow more than 7.5 per cent this year, the central bank said yesterday. Exports may grow more than 10 per cent on the year compared to Just 6.8 per cent in 2001 and yuan interest rates wereReuters - 95 words
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89 2002-08-02 11 Bloomberg [NEW DELHI] India pared its economic growth target for the year to March 81,2003, to &S per cent from between 6 per cent and 6.8 per cent, Finance Minister Jaswant Singh said in Parliament, as the country's worst drought In a decade isBloomberg - 89 words
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Article67 2002-08-02 11 AFP [MANILA] Philippine Long Dlstanoe Telephone yesterday said its net profit more than doubled in the first half of this year from 2001 due to strong gains by cellphone unit Smart Telecommunications. PLOT'S net profit in the first six months 0f2002 rose to 2.78 billionAFP - 67 words
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60 2002-08-02 11 AFP [BANGKOK] Five Thai state enterprises have been approved for privatisation this year and early next year, the State Enterprise Policy Commission said on Wednesday. It Mid it has approved the listing of BankThal pic, Thai Airways International, the Telephone Organisation of Thailand,AFP - 60 words
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Article, Illustration382 2002-08-02 11 Harish Mehta - It's a managed float system, Thaksin reminds central bank governor From Harish Mehta in Bangkok THAI Prime Minister Thaksin Shinawatra has again rapped the Bank of Thailand (BOT) governor for failing to curb the excessive volatility in the Thai baht, which is hurting exporters.382 words
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Article228 2002-08-02 11 KUALA LUMPUR Bloomberg PETROLIAM Nasional Bhd has bought a 49 per cent stake in KLCC Holdings Bhd from tycoon An an da Krishnan, giving it full control of the owner of the world's tallest building. "We exercised our pre-emption rights months ago and since it's aBloomberg - 228 words
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462 2002-08-02 12 JAKARTA Previously rejected Commerce Asset and ANZ Bank may bid again Bloomberg INDONESIA, facing a US$4.7 billion Budget shortfall, set an October deadline for the twice-delayed sale of No 4 lender PT Bank Niaga, prompting two banks whose bids were rejected to say theyBloomberg - 462 words
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Article, Illustration445 2002-08-02 12 JAKARTA She urges nation to work with IMF to restore confidence Dow Jones Newswires Bloomberg, Reuters INDONESIAN President Megawati Sukarnoputri admitted the country is failing to attract new foreign investment due to a poor legal system and policy confusion in a speech yesterdayDow Jones Newswires; Bloomberg,; Reuters; AFP - 445 words
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435 2002-08-02 12 Audrey Tan - Steep jump in credit-c&rd bad-debt charge in HI Fromi Audrey Tan in Hong Kong BANK of East Asia (BEA) yesterday announced a 22.3 per cent slide in profit to HK$7B7 million (Ssl77 million) for the six months ended June 30, due to a435 words
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253 2002-08-02 12 Reuters [HONG KONG] Hong Kong has adjusted its recent gross domestic product growth rates upwards after a change in the method of calculation to adopt the latest international standards. The government said yesterday GDP shrank by 0.5 per cent in the first quarterReuters - 253 words
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Advertisement147 2002-08-02 11 mcmdngjiistory Irt Jewellery with a Difference 2-22 Aug 2002 Monday Saturday: 1100 1800hrs (Close qn Public Holidays) effi jia House of Fine Chinese Art 9 Penang Road #B 1 -14, Park Mall Singapore *****9 /within the premises of The Montessori Shop) Tel: 6337 9438 1 FRANCHISINCi^ 18-20 Siplwlii 2982 fiKfi147 words
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Advertisement7 2002-08-02 11 -VHI BOTH ARE LONQ. TOOETHER THEY'RE LOHGER.7 words
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Advertisement118 2002-08-02 12 w-^? pfe. *tH-%jtx»«.a-w«.^s^fr#- l *sir ~'Vs® 1 tk 4 Can a car appeal to your right brain as it fulfils the needs of your left? Can logical detail illustrates one thing clearly: intelligence and emotional quotients can indeed reasoning coexist in harmony with emotions? The answer is yes. The Passat.118 words
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WORLD news
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Article, Illustration355 2002-08-02 13 NYT, LAT-WP [NEW YORK] General Electric on Wednesday joined a small but growing group of companies that are changing how they account for stock options and went even further by saying top executives would no longer be allowed to take profitsNYT,; LAT-WP; BLOOMBERG - 355 words
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241 2002-08-02 13 LONDON More job cats likely as they see no «gn« of improvement Bloomberg, Reuters THREE of Europe's biggest lenders reported lower earnings yesterday and said they see no signs of improvement, while a fourth bank Dresdner said 3,000 jobs could go on top ofBloomberg,; Reuters - 241 words
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WORLD Watch
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Article84 2002-08-02 13 Bloomberg [FRANKFURT] The European Central Bank and the Bank of England kept interest rates unchanged for a ninth month amid signs an economic recovery is faltering. The ECB left its main refinancing rate at 3.25 per cent, the level it has been at since November.Bloomberg - 84 words
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63 2002-08-02 13 Bloomberg [IRVING, Texas] Exxon Mobil Corp, the world's largest publicly traded oil company, said second-quarter earnings fell 41 per cent. Net income fell to U512.64 billion, or 39 US cents a share, from U554.46 billion, or 65 US cents, a year earlier, the companyBloomberg - 63 words
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Article64 2002-08-02 13 Reuters [LONDON] Royal Dutch/ Shell reported a 38 per cent fall in second-quarter profit yesterday, at the low end of investor expectations, due to weak fuel refining and natural gas returns. Net profit adjusted to reflect current oil prices fell to US$2.2O billion. Analysts'Reuters - 64 words
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Article91 2002-08-02 13 Reuters [NEW YORK] AOL Time Warner Inc shares fell more than 7 per cent on Wednesday after the company confirmed it has been targetted in a federal probe for the second time in as many weeks. The company issued a statement confirming a report inReuters - 91 words
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431 2002-08-02 13 LATEST US INDICATORS Key manufacturing index falls to 50.5 in Jnly from 56.2 a month earlier Reuters, AFP [WASHINGTON] US spending for new construction slumped for a second consecutive month in June, according to a government report released yesterday, as commercial building fell to itsReuters,; AFP - 431 words
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Article112 2002-08-02 13 Reuters [NEW YORK] TWO former top executives of bankrupt telecommunications firm WorldCom Inc were charged yesterday in a sevencount complaint accusing them of securities fraud and filing false statements with the Securities and Exchange Commission. Former World Com chief financial officer Scott Sullivan and former controllerReuters - 112 words
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Article, Illustration421 2002-08-02 14 WASHINGTON Concerns in some US districts over economic impact of weak bourse Dow Jones Newswires THE US economy has expanded modestly but unevenly in recent weeks, although some districts are worried about the economic impact of the stock market plunge, the FederalDow Jones Newswires - 421 words
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367 2002-08-02 14 WASHINGTON Last year's downturn had 9-month duration as in 1990-91 Reuters FRESHLY revised US data Issued on Wednesday revealed the economy shrank for three straight quarters In 2001, ending a debate over whether last year's slump qualified as the first recessionReuters - 367 words
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Article, Illustration535 2002-08-02 17 EAST FISHKILL, New York Its biggest single capital investment to-dateispartofa bid to be chip leader NYT AS part of its drive to gain a strong lead in chip-making beyond the personal computer business, IBM opened a sprawling, state-of-the-art semiconductor factory here on Wednesday. The plantNYT; BLOOMBERG - 535 words
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338 2002-08-02 17 NEW YORK NYT WARREN E Buffett is close to a deal to invest up to US$5OO million in a troubled energy concern, Williams Cos, executives close to the negotiations said on Wednesday night. The investment, along with loans from Lehman Brothers andNYT - 338 words
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Page 13 Advertisements
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Advertisement9 2002-08-02 13 HU 3 Q^Q S y Q Q^ I'iETTSi iL^a9 words
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Article, Illustration1001 2002-08-02 14 Transaction date: Ami 1 DTTERBAllg CB088 RATES as c$ an tin mi mh anil tm m m m* st s* mo* Hmt m A«*ra#a 0.852 4.440 0.992 4.192 ***** 49.031 0644 6597 2.042 1*5 31.984 27J01 0.M9 ISO* OJOO IC.100 ***** 0544 0537 Canaia 1.174 5.234 0.647 4919 30.6911,001 words
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Article1089 2002-08-02 14 BIOOM FPTUEBf A uol RUMCR ruturet (Ooitaq prfcM) ISSKScanti/kf) CtOOO VpfcMM Cm ■S* Lm> Irtt (SB J »02 -0975 02 MOJO NOV 02 ypfo OK 02 MOJO ISS 3 (US cwiWkg) VofcNt OBM HJoJi low M (trnrn) Mmut $502 79.00 on Oct 02 77.23 1900 Jf»02 77.25 76.50 77.001,089 words
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Page 14 Advertisements
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Page 15 Advertisements
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Advertisement303 2002-08-02 15 U I I •*<•'-^SfSSl■■- to mmJgM M. H|h The astoN The City 1 'V"./ v, JwW K4 pHIH American f Goodwood PMfc Hotel i nnfiiwiiin c ScomMw i*««c«*« T a»wHoys >^w»Hm/Th^unMfrioM ITO ,H fT ft GRANGi ROAD I > 'jt m iT' I I Jb/ vJLm™ >&. I xv N303 words
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Article2368 2002-08-02 16 Transaction date:Aug 1 KUALA LUMPUR Ml i w- cum A 6 M Realty 1.02 unch 37 Abrte 157 -0.02 ACPIndUBBtai J. 12 0 02 40 Advance S*r*fy> AI2 0.02 277 Affln MokJinoi A2I unch AhmedZakili* 5.1» -0 02 5 AtCCom 500 unch 21 AJfcbaaRa. IK 0.02 M AKNT«dtnoto«f. ITS2,368 words
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Article426 2002-08-02 16 Transaction date:Aug 1 <*—» m*mm» W Omm CW af5 n!2 ttWT&O "2 ijic I«5?C 22nl£S Su 212 *2-?£ y* oji «JTJjfc«r H> £12 JS* "J" w*° P" j« *501; oot Ul UT7t *C0tC 5252 SSf' 2M Ajao ♦o- 1 wmmchSc 1J4 moo -OJOC 5®~ a TU10V ftM| VALUKfBM) m426 words
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Article566 2002-08-02 16 BONDS WARRANTS MCW bar *0* tJS "ft fWIIKi Met »Oaart- UH AST1WB***** MLS 1 1< 4) IX 22 Acma Ltd M******6 1J 1 SO 307 5 00 27 MS 03 129 1 J3 1 1JS 34 W0I0S20 U 1 to 101 1J7 21 BartfeSAOOOOOl 10k lot br t 5* J*****01566 words
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Article5187 2002-08-02 16 Transaction date: Aug 1 for more, go to ivuwxisiaorienmarketsjom HONG KONG HO W- 000 ActobAm Multimedia 0.11 undi 100 Alpha General 0.03 unch ***** Ananda Wing On 0.04 unch ***** Angano New Steel H 1.03 -0.02 ***** Anhii Condi H— .2.50 0.13 1494 Anhti Eniressway H 154 3.025,187 words
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Page 16 Advertisements
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Article5121 2002-08-02 17 Transaction date:Aug 1 for live prices, log on to umm \asiamiema rketsx-om m£*lL SI G»Ot» On Grrw MM MUa WtA^ "P CifMj Htm w- fH MM t— him St*m Cm Ht jS Ma ABNAmroNLG 56c 9 12 34 141 6 20.5 15 c ACE DyndmKs20c —11.5 11 145,121 words
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Article63 2002-08-02 17 UBOnol. Grt* 0i» GrVW MM MCa DUa wy U» fg Mt w- CM* U» M, N Cw Wt >J lOMO 7770 i Diamonds US7770a) 7710 S800 MSO i ISDJl7ST«h (*****0 3390 S75 440 s IS MSG Spore U5S75 1IB0 *70 s ISSAPS00 US***** ***** 8*0 s VOn USB7063 words
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Article1360 2002-08-02 17 -ys- a ■> a sra-s 255 IJ ABRHIdgsSc MS 125 16 T 2 2 2 "J 5 14 74 ,5 <J Si frgStezzz=y V 5 S iii S SS g 23 4.5 As*anM«ro5c 15 15 \l ,'o ,st ,s 2,3 25 255 5 27 2s 1, 5 101,360 words
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Article354 2002-08-02 17 .y.-"* JM B«* LMQmM MM* H* GrVM MM MCja W8> l»w fl»ll| LM* *t- W L—r 8«y> Mtar Cm HI im& 115 70 AVJemngsA25cA 92.5 -1.5 31 93.5 92 5 92 5 935 40 3.4 10J 54 1991 CMhay Pat 20t HC 720 265 2.1 7.4 6 *****J354 words
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CINEMA
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Article, Illustration798 2002-08-02 18 Geoffrey Eu - That's how the viewer is likely to feel, emerging from Apocalypse Now Redox emotionally exhausted but also more appreciative of the art By Geoffrey Eu WANTED a B mission, and for my sins they gave me one," says Captain Willard (Martin Sheen) at the798 words
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Article460 2002-08-02 18 Corinne Kerk - My Big Fat Greek Wedding should appeal to those who can identify with close, extended families Ry{ Corinne Kerk MY Big Fat Greek Wedding sounds suspiciously like the title of a B-grade movie, so it's especially nice to discover that it's actually a lot closer460 words
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286 2002-08-02 18 Corinne Kerk - By Corinne Kerk THERE are many films that claim to be romantic comedies, but The Sweetest Thing must take the cake for being the worst pretender. First of all, it hasn't much of a plot. The sexy and attractive Christina Walters (Cameron Diaz)286 words
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Article302 2002-08-02 18 Geoffrey Eu - Byi Geoffrey Eu THE simple pleasure that comes with watching a good film should never be underestimated and now that the reliable treasure trove known as the British Film Festival is once again upon us (for the 19th year), it's time to settle in for a302 words
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Article, Illustration522 2002-08-02 18 Corinne Kerk - The Touch makes too many compromises to gain Western appeal By i Corinne Kerk 1F Michelle Yeoh's new movie. The Touch. is simply another film from the Chinese action movie genre, then one could say it's actually quite entertaining. It is the sort of stuff Asians have grown522 words
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Page 18 Advertisements
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Advertisement42 2002-08-02 18 Edua'do Br3jn. Actor.Model M 3p|jN y rS w e m Ermenegildo Zegna >*>' 4 JP' Singapore Paragon #01-34 Tel: 65 b7 *5 8 4? Isetan Scotts Levt-' 3 Tel 65 6735 0539 Malaysia G24 Ground Swria Kl CC Tel: 03 2166 1917 /egna.com42 words
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HEALTH
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Article, Illustration808 2002-08-02 19 CHEAH UI-HOON - cbbabui-boon finds out how Efalex, a fish oil supplement can help children with learning disorders CHEAH UI-HOON Remember when our grandmothers used to say that fish is brain food for the child? Well, it turns out that the special fatty acids in fish can also improve808 words
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Page 19 Advertisements
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Advertisement354 2002-08-02 19 4/V WJ|T-|£\ J||«p qm Jj Presented Diners Club Credit Card To apply, call: 6416 0980 I TIICIC IU VrlilC. UIIIC dUU cllicluuil... jgm A Worid of Exclusive Privileges Treats 7 ■HtaUHEI WWW.dinerS.COIILSg International EnH^jrT"-3^B^ ll* 2 Weekends and holidays are tor heading down to Coteman's for TUnch where our buffet354 words
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Advertisement202 2002-08-02 19 SINGAPORE YOU'RE 37! Celebrate National Day in the Heart of the bustling c »y Relive the patriotic heat of the evening with a piping hot steamboat dinner by the pool. r 4fo*> 9 Includes: "4 1-wgkt deltae room accommodation Steamboat Dinner far two ■f&tr' Extended late check-out till 3pm (sub)202 words
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Advertisement66 2002-08-02 19 SpmS* tmt 4 OUmt 12 Anniversary Special PEKING DUCK LnrtDd id I *ylr of tervuig per uMt Mi* ortrt at S_S* uo«vdv L J J Fvmd till M 31 August 2002 Lav* 2 Chinatown Point 133 (tow Bridge Road I T1: *534 4233 fw: «534 2*29 www mouth com tg66 words
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Advertisement356 2002-08-02 19 ■FT a .111, M > r= |C^r T fr T i J miction one of the participating malls Complimentary BT at the malls GET a complimentary copy of The Business Times Weekend Edition tomorrow when you eat at any food and beverage outlet in the following malls: Junction 8, Cuppage356 words
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EPICURE
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Article, Illustration891 2002-08-02 20 SAMUEL EE - Fancy meeting a Wine Angel in a building of love? SAMUEL EE checks out the pleasures that await members of the Divine Society at the opulent and ornate Divine Wine Extraordinaire wine bar SAMUEL EE IT sounds like something the appallingly translated subtitles of891 words
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Article, Illustration727 2002-08-02 20 Cheah Ui-Hoon - By Cheah Ui-Hoon STADIUM Walk at lunchtime is not a cheery sight. It's almost deserted and even a bit depressing perhaps more so to restaurant operators than diners. But new Indian restaurant Vansh seems keen to turn things around a bit with its groovy727 words
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824 2002-08-02 20 N K Yong - WINE CONNOISSEUR By N K Yong HUMAN beings are by nature creatures of habit always safer to go with what, where and whom you know. I wonder if this habit explains why, when it comes to choosing white wine, 95 times out of 100824 words
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Page 20 Advertisements
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Advertisement156 2002-08-02 20 <JKt 3! I I I ffiHß I I I I I^^B&^'-r^^B ~_-Mpfc* V -f wySiSC I- ..y i:.w' :^HHHHBHM^f^^^HHHHHHB A setting so authentic, you'll think you're in Japan. We're not saying we can replace a true Japanese experience. But if you want a taste of Japan, but can't seem to156 words
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ARTS/GOLF
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Article, Illustration680 2002-08-02 21 CHEAH UI-HOON - cbeabdi-booh talks to co-founder Thomas Brooman about world music and the music festival's 'worldwide' attitude CHEAH UI-HOON IT almost fizzled out because musicians aren't accountants, they said after the first concert. But 20 years later, what started out as an alternative concert touting unusual global680 words
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Article, Illustration87 2002-08-02 21 Ven Sreenivasan - -By Ven Sreenivasan THE new Bukit Batok Golf Driving Range, which opens this weekend, is the first truly fairway-style range in South-east Asia. The driving range's greensfeature natural running water, undulating contours, bunkers and extensive landscaping. The range also houses a pro shop run by87 words
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Article518 2002-08-02 21 Aaron Lye - Complied by Aaron Lye PERFORMANCES Menage a Trois A collection of three performances showcasing drama, music and dance, put together into one production and presented by the Lasalle-SIA College of the Arts. Includes Sabri Buang's play 24/ 7, Gershwin's Rhapsody in Blue performed by dancers and Lasalle resident518 words
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Page 21 Advertisements
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Advertisement6 2002-08-02 21 Off The Cuff returns next week6 words
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Page 21 Miscellaneous
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Miscellaneous329 2002-08-02 21 CRYPTIC CROSSWORD 1 Suffering under ineffectrve government? (2,1, Jh 8 Absorbing business offer ~j |T~ A spinner on peak form? —Ih 12 Fail to get the teacher's 13 A second coffee maybe _JH H 15 Regret being about to lev- ——JB— 16 Embarrassed after some ■■22 hesitation having got it329 words
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EXECUTIVE Lifestyle
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Article, Illustration1860 2002-08-02 22 JAIME EE - Ex-SAS commando Chris Ryan talks to jamb ee about his writing career and his war experiences, in particular the Bravo Two Zero mission JAIME EE YOU kind of expect war heroes to be a little taller. With maybe a louder voice. Or an entourage of some kind, atARTHUR LEE - 1,860 words
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Article1677 2002-08-02 22 AS an SAS soldier fighting in wartorn regimes, Chris Ryan knew that death was an occupational hazard. But he would soon discover that in civilian life, it's people you got to watch out for. He learnt it the hard way with the film adaptation1,677 words
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SHIPPING TIMES
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Article275 2002-08-02 23 Reuters THE Baltic Dry Index (BDI) rose three points to 968, the Baltic Panamax Index (BPI) gained eight points to 991, the Baltic Handymax Index (BHI) fell 12 points to 7,474 and the Baltic Capesize Index (BCI) was up three points to 1,080. TIME-CHARTER: Corona Fortune (built 1993)Reuters - 275 words
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Article269 2002-08-02 23 MX '000 *31 s$ VI CWT Distribution 0.77 unch 0 Chum Hup 0.44 0.01 1692 Cosco Investment 0.19 unch 115 Freight Links 0.05 -0.01 329 GB Holdings 0.75 unch 30 Jaya Holdings 0.23 unch 536 KeppelCorp 4.5® 0.12 3783 Keppel Marine 0.16 -O.OI 30 Keppel Tele 0.99 -0.01269 words
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Article, Illustration501 2002-08-02 23 Donald Urquhart - Mainland ports' throughput up 32% in first half By\ Donald Urquhart [SINGAPORE] The continuing surge in container traffic through China's mainland ports has put Hutchison Port Holdings' (HPH) chief on the defensive, prompting him to deny that Hong Kong's port industry isFILE PHOTO - 501 words
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Article, Illustration362 2002-08-02 23 Beth Jinks - Targets: Shanghai's Waigaoqiao, India's PipavavPort By Beth Jinks [SINGAPORE] Maersk Sealand is reportedly in talks to invest in Shanghai's Waigaoqiao container terminal, and is keen to double its stake in Gujarat Pipavav Port a facility where PSA Corporation is a significant shareholder. Quoting362 words
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263 2002-08-02 23 Beth Jinks - Temporary loss as PSA subsidiary struggles with space restrictions -By Beth Jinks [SINGAPORE] PSA Corporation's newest acquisition Hesse Noord Natie (HNN) continues to be plagued by capacity and congestion woes, temporarily losing a K Line service to rival Rotterdam because of space restrictions.263 words
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215 2002-08-02 23 [SINGAPORE] Malaysia's Kuantan Port is set to open its first dedicated container berth, the country's first on the peninsular east coast facing the South China Sea. Although no date has been given for an official opening, a recent port newsletter indicated215 words
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496 2002-08-02 23 Star Cruises' unit joins growing list of big cruise lines caught routinely dumping oily waste in the seas Reuters [MIAMI] Malaysia's Star Cruises-owned Norwegian Cruise Line has been fined US$l million for dumping oily bilge into the world's seas. NCL, the world's fourthReuters - 496 words
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770 2002-08-02 24 Selva Kumar - ADMIRALTY CASEBOOK Grounding off Horsburgh Lighthouse due to incompetence of second mate -By Selva Kumar THE owner of a vessel that ran aground off the Horsburgh Lighthouse in 1996 has been told by the Singapore High Court that it could not770 words
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Article, Illustration53 2002-08-02 24 Reuters [PANAMA CANAL] Panama Canal workers carry out repairs at the Pedro Miguel locks on the 80km Panama Canal. Maintenance is carried out every 20 years on the locks, which are as high as a six-storey building and each hold 98 million litresReuters - 53 words
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Article207 2002-08-02 24 PACE A»ant 10 Btang Mas S BSA 6 BSC 10 BTl 10 CMACGM 3 C0SC0 3 Central Ei 4 Chahaya 10 China Shpq 5 Confer 10 9 Cougar 5 CVTGtoMmk 6 Delmas 4 Dongnama 3 EP Carriers 10 ECl 3 EngLee 10 ESP Lines 9 Evergreen 4207 words
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Article15598 2002-08-02 28 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT Advertiser V#s Vmxm I cta cta w ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'I voire 12/08 03/09 Dei mas KRIBI uZfl 65******44 12/08 07/09 Kien Hung PROSPERITY CONTAIN PC203S 65******33 12/08 30/09 CMA CGM15,598 words
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SHIPS IN PORT
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Article347 2002-08-02 33 V*ss*l Voy Mo Berth Arrival Departure Jenei Pwt ***** J15 02/08/2015:00 03/08/2012:00 M JO' 02/08/2008:00 02/08/20*00 8A1ACACSTRAI 84 J05 02/08/****** 03/08/*****0 8AYSWA1ER1* M2186 J02 02/08/200*00 02/08/*****0 8AYSWATER228 E2W6 J02 02/08/*****0 02/08/2023:59 81 l£STA*l I ***** J01 02/08/****** 02/08/*****0 T ***** JOI 02/08/2010 00 02/08/20*00 BIN DIANA ***** JOI347 words
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Article1916 2002-08-02 33 Vessel Out In Bth Berthing Un Berth Name Voy Voy seq berthing Nmbr ABU DHABI C193E C193€ 1 03/********** 03/*****2 1800 10 ACX ULAC 042S 042S 1 *****002 1700 *****002-0300 0 *CX MARGUERI 006N 006N 1 *****002 1500 0408/*****300 A1AMJAYA 2 8806 8806 1 *****002 2100 0308/2002-0500 K121,916 words
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Article175 2002-08-02 33 Aag 5 UK: Bank Holiday (Scot) An|9 Singapore: National Day Aug 12 Thailand: Queen's Birthday An* 15 Belgian: Assumption Day France: Assumption Day Italy: Assumption Day South Korea: Liberation Day Aag 17 Indonesia: Independ Day Aug 26 UK: Bank Holiday Aag 31 Malaysia: National Day Philippines: Nat Heroes175 words
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Article779 2002-08-02 33 THIS report, compiled by Cockpit Ma rine Oil Lid. 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 indi cated The Cockett Bunker Price Index change779 words
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Article498 2002-08-02 33 c WO MM 966.7 0.4 6.9 0.06 71 0.03 a Dwitttr Water IwMw kiHAtamnkm Sgggwt No above £25 0 0 1 0 0 0 380 Ave 980 5 0.2 M.3 0.06 29 0.02 tiiM 380 Mai 990.6 0.9 18.9 0.15 124 0.06 %«/M No above G3S498 words
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AIR & LAND transport
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Article, Illustration688 2002-08-02 34 Approval expected to step up competition for its local rivals Bloomberg [HONG KONG] Cathay Pacific Airways Ltd asked Chinese aviation regulators for permission to resume flights to mainland China after a 12-year hiatus, stepping up competition with Hong Kong Dragon AirlinesBloomberg; REUTERS - 688 words
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Article, Illustration557 2002-08-02 34 It will take at least a month to decide which was to blame AP [MOSCOW) A mysterious technical glitch or an incomprehensible pilot error caused the crash of a Russian jumbo jet that killed 14 crew and it will takeAP; AFP - 557 words
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239 2002-08-02 34 Domestic, int'l flights expected to be delayed AP [MELBOURNE] Six thousand staff at flag carrier Qantas were preparing yesterday for a 12-hour strike expected to throw domestic and international flight schedules into turmoil across Australia today. Qantas has been forced to reschedule hundredsAP - 239 words
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274 2002-08-02 34 US has helped Taiwan a lot: presidential aide Reuters [TAIPEI] Taiwan's presidential chief of staff said a decision on whether the country's main airline would buy US-made Boeing or European Airbus jets would not be just a commercial one; politics alsoReuters - 274 words
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Article206 2002-08-02 34 Bernama [KUALA LUMPUR] Malaysian Airline System Bhd (MAS) is slashing air fares for its domestic routes by 50 per cent effective Aug 22 to encourage more Malaysians to fly. Bookings made from Aug 15 onwards would be eligible for the new fares. However, theBernama - 206 words
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Article1747 2002-08-02 34 CITY FUSNT ru FLIGHT ETD U***» IM9770 2230 saz» tm Mnt«r*wn $023 0606 KL838 2225 GA975 1025 SO36 2345 KI.837 1510 Aataaawta _JMM MS *«ww mm tm Auckland LH9617 1900 LH96K 2020 *223 1900 MZ24 2020 S***** 1900 $***** 2020 ****** 2045 N***** 2100 SO286 20451,747 words
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Page 23 Advertisements
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Advertisement24 2002-08-02 23 Qantas staff T gear up Cathay seeks to n Owner of resume flights ,eid liable x fs, to cargo to China interests back woe24 words
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Page 24 Advertisements
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Advertisement600 2002-08-02 24 I TO USA/CANADA I EXPORT I I OTHER DESTINATIONS [Visa VOT f«S I ETA S»J UM6 KMX MiIAS HOUSTOW j MHTHS OKAfiO |KW TOM TO AUKWmjft (AUSTRALIA A3IA EVP o****0**** 1 OOQKWTOK 74E31 3ftA»7 31/97 14/W 70AM ~lfi* ii/DO" ~7Mi Kfli B laj »W OOQMfWI 41E37 04/W 07/W 7VW 77/00600 words
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Advertisement92 2002-08-02 24 WORLDGATE EXPRESS UNES PTE LTD /Jc\ 180 C cM #16-03A>4, Bangkok Bank BuHdbtg, S*pore *****6 Tel: *****911 Fax: *****073******63 Email: wgate@mbox2.singnetcom.sg WEBSITE: httpJ/www. wortdgate com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS wnnKttrm m Targg i m HAS—- yy BMtG/CHItU 04/0«~ COlfliUO 03/M~ M/Oj I 8881 07/ M CHITttGONG/DHAKA92 words
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Advertisement572 2002-08-02 24 4 ser vKW represented by Members erf #w Registry of *^Gr-y ccrßt^ Shipptng Agents, Singapore Shipping Association Members of ibe Sin gapore Logishcs Association CONHUNBK/ CONVDfTIOIUL CARGO F<*T *LA*6/sei6W<*t/M*Aie S M«G«* CTAPKL CTASIN ETA MALE It/W >?» *I/W 2£W M E MARINE SERVICES SINGAPORE rw» tsu rniuwMt ffcceuTMt SDN BHI)572 words
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Advertisement1050 2002-08-02 25 TO EUROPE FROM EUROPE vissa vorl m mi urn hoi tv mm ia~||vtssa I vor ra whm w sou i» m HYUOBTY 310W 05/08 23/01 25/08 27/01 21/01 HYGB6UI 330E 13/07 15/07 17/07 11/07 03/01 Afinun M2W oi/oi 2»/oe 30/0124/00 mmmr ooiiu/v 11/07 20/07 21/07 oe oo MOtADMNUGE 010W 09/001,050 words
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Advertisement1374 2002-08-02 25 I m, DIRECT CALL TO COLOMBO inm *****. hlmimw/w NUL UNWI/h I UATS COSTAR SNIPPING PTE LTD JSSJff?!!!— wnnuop/u mmsni Husm/n I 0 anon/i/twoooM ifcMMWOOMOM nutM m»sw 4Jl«sji4/44 I BANDAR ABBAS 12 DAYS »«•■< T/Wg MNSItS 47)*****/44 I S&MSSswm... <aMmttM ammm IS** S»W6 SIM QM m W io ao m1,374 words
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Advertisement543 2002-08-02 25 ro SW PGU HKG SHA WS MX VGSB VOY SIM HKG IE KMT( HONGKOMG ***** 31/1 1/f W/l 1/J 10/» AGMAIG4J9ITE OMN 3fl 7/1 i/i~ BjjCjßgßjjg 2IQH l/l 7/1 1/1 11/1 14/1 14/1 70/1 AOmt Q47W |Q/| 14/1 lj/| |MT(gfIUW6 1 ?)IW|l3/» |M/111S/»1 l»/ll I 73/l| ?7/| ||AQSAIUIA 006W 17/1543 words
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Page 26 Advertisements
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Advertisement1175 2002-08-02 26 HYUNDAI MERCHANT MARINE CO., LTD. at NO. **********0H jwaa wr Isw 1 sou |i» 1 1« Imt I mm| ■> llvtssa voy sou |u* itm urr ham |*v| UJ Iff HIGHNESS turn 20/07 M/M 14/ M 14/ M 11/ M HOI PROGRESS 00U 11/07 13/17 07/07 44/4/ M/ 17 M3w1,175 words
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Advertisement795 2002-08-02 26 I WAN HAI UNES (S) PTE LTD W\WAN HAI LINES rSsT" V WI)D»CTM/X»l*s «WW.WMIMi.(M.t| *»1> WD HW«»IW«:n*l»/mW tU: 7t4l* mn ntwr nun iiara.-ii cm I— *Bl 4- —JK __HL flfl Wfi TYO TtM IM MM m Rewm mi jiji/w mi vm mm n* imSww m Ik mm m nam urn795 words
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Advertisement661 2002-08-02 26 mauFA WEEKLY EXPRESS SAIUHG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POWTS vot an rtum cototo natv* Colombo rowanou mm «j« iiju 4aw Ta* Taw ioiaphwiu mm /aw owi ~m TTam TTue wnmcM wts maw ~ost 55t iuw in*~ IABKtAIMM >l» HMK 71 AW ft AW MAW 31661 words
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Advertisement1058 2002-08-02 27 IRISL, sXi) tfihljfcwglh bIJJ ©0 ik}°Ji}j*sJ lte> UialhiiixsJ pstiuite tiaj w&]] (°J*S (to (&>(b§9 &&!yij)i)ijitstes Jjj Jih-i ifaglteatf} QwsjijihiiJi} QdsJO^t AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SMOSE MAMTME PTE LTD CR N0 **********0H BOUSTEAD SHAPING AGENCIES SON BHO PT SINOSE CONTI PERSAOA *****181 KL TEL: 03-*****300 FAX:1,058 words
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Advertisement600 2002-08-02 27 UK CONTINENT SERVICE I Loading lor STARLING ROM/ATW/BMN/UK/NAN I OCEAN FRIEND RDM/ATW/BMN/UK/NAN PANDORA P RDM/ATW/BMN/UK/NAN I Loads Singapore. E7W. Indonesia J MIDDLE-EAST SERVICE Loading tor PETROS R ADN/HDD/JDH/AQA OR HAN EKINCI DMT/JDH/AQA SWIFT DBI/ABU/DOH/BRN/DMM/KWT MARINE UNIVERSAL II DBI/ABU/DOH/BRN/DMM/KWT CHIEF JDH/AQA I Toads Singapore. E7W Malaysia. Indonesia USA SERVICE I Loading600 words
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Advertisement976 2002-08-02 27 vtssa vot mi rou vissei vot <K >• off KK* _l!ifiZ. 01/01 P/XIAU 7200 01/01 03/ M --OMjH 91 /Of C2.M MvMIAK 9160 IMCSI _a}"M i!tr ItSt 07MN 03/ M 04_M »tr »tl| 7701 01/01 10 M PA( MKT AW 9161 11/ M 14/ M VQT Sfl M Moowtissi iamo9s976 words
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Advertisement675 2002-08-02 32 HBSpSB Tiemune mJ.TOiMwlillßl TI6UISUND 001N 04 07/08 ITIS/08 70 ?1/M I TI«IPIAII 007* Of 10/01 1411/01 23 74/01 I n6ttlßD« 003N 1314/W 7077/01 27 71/01 I neustun own u 17/01 7j 25/01 »31/01 I n«i muto 00sm 2fr2i/oi 2721/01 0304/01 I sw -ar—sn QAUA* 606 0? 03/08 OUSTS It 20675 words
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Page 33 Miscellaneous
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Miscellaneous119 2002-08-02 33 LEGEND: Issued by Meteorological Services Divisio^NEA K Thunderstorm Showers Rain emperature C—/ vVind direction and speed in knots Cloudy Day Wea,her U OO Hazv Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight, < 1 2m -j—-One half fleche represents 5119 words
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