The Business Times, 21 August 2002

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA(P) 010/03/2002 85C SINGAPORE Internet: http://business-times.asial .com.sg WEDNESDAY, AUGUST 21, 2002
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  • Article
    Lock icon MARKET SUMMARY
    77 1 □m ljttfl (+0.20) 9T DDBX nnnsEs MO6LM (+3.00) PI SMSO FUTOIES U MM (+0.50) STOCK XAIEFr INDICES Tuesday Change KLSE OOMP ***** 2J6 NIKKEI 225 8.620.69 +21J9 HANG SENG19.WR01 >161.06 SET INDEX 3731a +104 JAKARTA COMP .456.75 +610 MANILA COMP .1,128.88 -101 TAIPEI WPI <***** +3116 SEOUL COMP
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  • Article
    Lock icon FINANCE
    65 1 FQIEX KATES USS SI t'SS (SS per USS) 1.749 £(l"SS/SS per 1.528 1671 EURO(US$/SS/E). 0980 1.713 YEN 118.9 88.00 RM S.800 2.173 HKS 7.800 4461 BAHT 41.86 23.94 RUPIAH 8,848 5,060 Avtragr of to h—fat PUKE BATES SINGAPORE* *16 KUALA LUMPUR 6.40 HONG KONG 5.128 JAKARTA 39.90 TAIPEI 6.625
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  • Article
    Lock icon Home buyers may need to vouch for cash portion
    554 1  -  iiexclusive Proposed new MAS rule aimed at preventing speculation: sources By\ Siow Li Sen [SlNGAPOßE] In a move said to be aimed at controlling property speculation come Sept 1 when the new property financing rules take effect, borrowers will have to
    554 words
  • Article
    Lock icon Cheques stolen from quick deposit boxes at DBS, OCBC and Stanchart
    432 1  -  Unclear who will be liable for any stolen cash cheques By Angela Tan [SINGAPORE] DBS Bank, OCBC Bank and Standard Chartered Bank had their quick deposit boxes for cheques located in the heart of the central business district broken
    432 words
  • Article, Illustration
    Lock icon SGX chief Kloet to leave in Dec
    811 1  -  He will step down 4 months before end of his contract By Ven Sreenivasan [SINGAPORE] Ending weeks of market speculation, the Singapore Exchange (SGX) said last night its chief executive officer Thomas Kloet will step down on Dec 20 four months before his
    FILE PHOTO  -  811 words
  • Article
    Lock icon S'pore needs to rethink quarterly reporting
    912 1  -  BOOK IMB SIBW London Stock Exchange's arguments against it are worth examining, says Wong Wei Wtmk f[ Wong Wei Kong AS corporate Singapore prepares to implement quarterly reporting from the beginning of next year, it is instructive to note the growing opposition to the
    912 words
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    • ON THE grapevine
      • Article
        Lock icon Are Singapore bears different?
        182 2 WALL Street's health is always of interest here, not least because of the influence the US market exerts on local stocks. All sorts of theories and models abound that try to divine where the market is headed And for the budding analyst, there's no shortage of
        182 words
      • Article
        Lock icon Bank stumps mathematician
        64 2 A HOUSE of Commons committee has criticised Britain's biggest banks for confusing customers with baffling interest-rate charges, according to a Guardian Weekly report. "In one case, the annua] percentage rate figure quoted in adverts as making it easier for customers to compare offers was said to have
        64 words
    • Article
      Lock icon Crude oil prices pushing US$30 a barrel
      578 2 Rise fuelled by talk of US action against Iraq, fall in oil inventories NYT AFP [NEW YORK] The price of crude oil is closing in on US$3O a barrel and further increase could put pressure on the Bush administration to work for lower
      NYT; AFP  -  578 words
    • Article, Illustration
      Lock icon Megawati restored stability: Tony Tan
      699 2  -  Foreigners will consider investing in Indonesia again if Jakarta can keep np trend, ke says From\ Shoeb Kagda in Jakarta PRAISING Indonesian President Megawati Sukarnoputri for restoring political and economic stability in the world's fourth most populous country, Singapore Deputy Prime Minister Tony Tan said
      699 words
    • Article
      Lock icon Sarawak to slash pepper exports through S'pore
      365 2 Pelep&s port cited as a factor for direct exports Bernama [KUCHINGJ Sarawak, which produces 95 per cent of Malaysia's pepper output, is expected to reduce its dependency on Singapore as a transit point for its pepper exports in a move to deal directly
      Bernama  -  365 words
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      169 2 A We prepare your NEXT I C M A- H n attaining a UI cBI prestigious Bachelor vflll D CLASS Ml and Master Degree. flfVltti' Recognised Diploma Holders will nrnnrr gain entry* into the 2nd and 3rd j Drl tK r r HH year of the Bachelors' programme ULUIVL Li
      169 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon H2 sales 'roughly flat', says Datacraft
      420 3  -  Comparison made with HI sales; results not fleshed out as year-end shifts to Sept By. David Boey DATACRAFT Asia Ltd, a computer networking firm, said yesterday that sales for its six months ended June were "roughly flat" compared with its interim period, but did
      420 words
    • Article
      Lock icon Chartered to focus on more advanced chips
      300 3 Bloomberg CHARTERED Semiconductor Manufacturing, the world's third-largest supplier of made-to-order chips, plans to leapfrog one generation of technology as it races against rivals such as Taiwan Semiconductor Co. The Singapore-based company will focus on developing the capability to make chips with wires that
      Bloomberg  -  300 words
    • Article
      Lock icon Analyst sees up to 15% STI rally
      341 3  -  Good fundamentals, Wall St to underpin short-term rise By Ven Sreenivasan THE Singapore stock market is poised for a shortterm rally which could see it rising up to 15 per cent higher in the next couple of months, according to a leading local
      341 words
    • Article, Illustration
      Lock icon CSA shareholder gets 20% of votes
      404 3  -  By Ven Sreenivasan LEE Choong Onn, the disgruntled CSA Holdings shareholder chasing a board seat, celebrated a "moral" victory despite failing to clinch enough votes at the annual general meeting yesterday. The former stockbroker obtained about 7.5 million of the 35 million minority shareholding
      JAMES CROUCHER/ST  -  404 words
    • Article, Illustration
      Lock icon Air Ocean ties up exclusive deal with Lufthansa
      384 4  -  It'll handle cargo space sales for the airline in 10 cities in US and Canada By' Ven Sreenivasan MAINBOARD-listed logistics specialist Air Ocean has clinched an exclusive aircargo agency deal with German carrier Lufthansa to service the lucrative North American market. Under
      384 words
    • Article, Illustration
      Lock icon Asian private equity tech funding dries up
      562 4  -  Snch funds fell 96% in HI from a year earlier: report By Vikram Khanna PRIVATE equity funding for technology in Asia has all but dried up. For the first time since 1999, such funds became the smallest slice of the total private equity
      Source: Age  -  562 words
    • Article
      Lock icon Unisteel interim net profit doubles to $7.3 m
      222 4  -  Byi Andrea Tan UNISTEEL Technology yesterday reported a doubling of interim net profit to $7.3 million as turnover jumped 140 per cent to $43 million. For the six months ended June 30, earnings per share rose to 3.08 cents from 1.52 cents
      222 words
    • Article
      Lock icon Debt-ridden Lian Huat applies for judicial protection
      362 5  -  Last-ditch attempt to stave off winding-np petition by British creditor By George Joseph [SINGAPORE] One of Singapore's oldest, privatelyowned shipping companies, Lian Huat Shipping, yesterday applied to be placed under judicial management, burdened with some $23 million in debts. Lawyers for the 35-year-old
      362 words
    • Article
      Lock icon Food Empire sees 25% rise in interim net gain to $4.8 m
      198 5  -  By Andrea Tan FOOD Empire, which relies heavily on business in Russia and Eastern Europe, saw interim net profit improve 25 per cent from $3.9 million to $4.8 million for the six months ended June 30. Turnover rose
      198 words
    • Article, Illustration
      Lock icon Panpac buying education firm
      348 5  -  If ATG was bought last Aug, it would have boosted Panpac EPS to 0.32 C from O.IC By Arthur Poon PANPAC Media. Com plans to acquire 81.2 per cent of Auston Technology Group Pte Ltd (ATG) through the purchase of 3.4 million shares and 400,000 share
      FILE PHOTO  -  348 words
    • Article
      Lock icon New S$ money market fund launched
      267 5  -  By < Quak Hiang Whai JP MORGAN Chase Bank and OCBC Asset Management yesterday jointly unveiled a Singapore-dollar money market unit trust aimed at institutional investors based here. Managed by OCBCAM with JP Morgan Treasury Services as sole distributor, the SGD Yield Enhanced Money
      267 words
    • COMPANY Briefs
      • Article
        Lock icon Ibra to oversee APP payments
        43 5 Reuters [JAKARTA] Indonesia's Bank Restructuring Agency (Ibra), a key lender to massively indebted Asia Pulp and Paper Co Ltd (APP), said yesterday it plans to soon install financial controllers at the group to oversee its debt payments. Reuters
        Reuters  -  43 words
      • Article
        Lock icon Oculus warns of bigger losses
        93 5 Bloomberg OCULUS, a maker and distributor of optical products, said its losses in the first half 0f2002 may be larger than expected because of a reduction in inventory. The reduction in inventory resulted in lower-than-expected utilisation of the company's manufacturing facilities and the closure of
        Bloomberg  -  93 words
      • Article
        Lock icon Nera unit wins contract
        44 5 Bloomberg NERA Telecommunications said its Malaysian unit won contracts worth more than RMIO million (554.6 million) from a cellular phone operator in Malaysia. Nera Malaysia Sdn was awarded the contracts to supply, deliver and install equipment for the operator. Bloomberg
        Bloomberg  -  44 words
      • Article
        Lock icon CapitaLand names CCO
        60 5 CAPITALAND is appointing Tham Kui Seng as its chief corporate officer (CCO) with effect from Sept 1. He will oversee the corporate services functions of corporate planning, research, corporate communications, corporate secretariat, human resource and management information systems. This is in addition to Mr Tham's current appointment
        60 words
      • Article
        Lock icon Superior Multi-Packaging profit up
        74 5 SUPERIOR Multi-Packaging*s interim net profit rose from $1.3 million to $2 million while turnover increased from $28.6 million to $40.4 million. Earnings per share rose to 1.13 cents from 0.69 cents while net tangible asset per share slipped to 37.18 cents from 37.41 cents previously. The
        74 words
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      272 4 r* Jltttwt Friday Time* 130pm 530 Venue C U Path to Services on Demand: A Roadmap for Singapore. Want to find out how your business can leverage Web services to increase your bottom line, optimise the value chain and help bring your customer closer to you? Then you must attend
      272 words
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      521 4 \<>/ices W IN THE MATTER OF THE COMPANIES ACT (CAP SO) ANO IN THE MATTER OF GOH AH TEE REALTY PTE LTD (Incorporated in Singapore) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting ol the members of the abovenamed company duly convened and held at 190 Middle Road *17-05,
      521 words
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      619 4 IN THE MATTER OF THE COMFftNES ACT CAP SO CONVENANT DEVELOPMENT ft COMPANY PTE LTD POPPY MARITIME (PTE.) LTD METRO CAPITAL WE LTD (In Members Voluntary Uqudtfon) NOTICE 6 HEREBY GNBi bd to Ftal UmM of Jhr «m« compete ti bt m dli&cl Stft*n*4\ CeclHoust. SIMM *****9 on 19 Sectwtor
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      250 5 IrM > Check into The Legend Hotel, j Kuala Lumpur and experience Speed Net, a new broadband Internet facility available FREE, n the comfort of your own room. I j With an impressive 2Mbps-speed I connectivity has never I een so ast convenient. Promotional Room Packages Available From RM2l9+ f
      250 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      302 6 OTHER SINGAPORE INDICES Aug 20 VALUE CLOSE ■TOB/OS 247.00 ♦289.00 ■T CAM -*****.00 +120 00 ■T 10-4ayMA ******.00 +25.00 AA-SG Equities 412.69 +1.30 <6Efib—Dtl 122.62 +5.31 1356.97 11.86 SarmUmt 416.77 +2.26 MSCI Singapore 192.32 +0.05 f SMSa Fatwrn 192.40 +0.50 Stock* Volume C»braya2.5c 54.666.000 50 26,880.000 TPVUSlc 23,928.000 UniFood HK25c
      302 words
    • Article, Illustration
      Lock icon Messy markets make trend calls tough
      794 6  -  Ilonger view CURRENCIES Talk of a new US offensive against Iraq does not favour US bolls larry wee THIN summer trading conditions and a whole bunch of conflicting signals made for a really tough week and jittery war talk suggests that things may not
      794 words
    • Article, Illustration
      Lock icon Can Wall Street sustain its recovery?
      809 6  -  Mid comment STOCKS Unlikely, once short-covering is completed and market re-focuses on faltering economic ontlook r. sivanithy WALL Street's rallies over the past few sessions have brought some stability back to markets rocked by economic worries and accounting scandals. Undoubtedly then, Wall Street holds
      809 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3517 6 UNIT TRUSTS FUNDS MM Amro Asset Mgt (S'pore) Star Europe Eqty!" 0 66» Star Europe 8d 1.056/ Star Europe Bal 0M6I Hat Asian Tiger Eqty 0.715/ Star Asia Bond |J4» Star Asia Balanced 0.82V Star Global Technology Fund!** 017W Star Bhv Finance Japan Fund!** 0.692/ Star Asia Bond<USD) 0.714/ AW
    3,517 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon June wholesale prices down 4.2%
      294 7  -  on the economy wholesale prices By] Eugene Low P RICES of locally manufactured goods continued to slide in June, with the Manufactured Products Price Index falling 4.2 per cent year-on-year. This was steeper than May's 3.1 per cent decline. Excluding oil products, the June index
      Source: DOS  -  294 words
    • Article, Illustration
      Lock icon URA director to join Mapletree
      347 7  -  -^exclusive Michael Koh will be partofTemasek unit's senior management By Kalpana Rashiwala URBAN Redevelopment Authority stalwart Michael Koh has quit and will join Temasek unit Mapletree Investments, which is marketing a huge site in the New Downtown slated for devel- opment as a business and
      347 words
    • Article, Illustration
      Lock icon BG Yeo on 9-day mission to China
      416 7  -  Gronp will visit Beijing, Zhejiang, Anhni and Shanghai By] Loh Hui Yin MINISTER for Trade and Industry George Yeo will lead a nine-day business mission tomorrow to China, one of Singapore's top economic partners. His mission's aim is to seek opportunities for Singapore
      REUTERS  -  416 words
    • Article
      Lock icon Income to expand business in China
      362 7  -  Insurer aims to get a licence there within two years By Rachel Ong NTUC Income is looking to expand its insurance business in China, but the process could be a long one. Income's chief executive Tan Kin Lian told BT: "We have decided to
      362 words
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      Lock icon Page 7 Advertisements Column 1
      224 7 fr* Buy ft. Sell It. Find It. C.AJ.S. AmemberofabgrcuffT With Fast Track, you can take off sooner by combining Asia Miles with cash. -3^ Exclusively with Fast Track from Citibank Cathay Pacific Visa program from Cathay as Hong Bangkok Vancouver from now to Nov because f Cathay Pacific Visa is
      224 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Muslims must tread warily on hudud law
      794 8  -  iTTq bottom line OPINION said abdullah The writer is a journalist with BT's Foreign Desk THOSE clamouring for the implementation of hudud or Islamic criminal law, especially in a multi-religious society are, to put it mildly, myopic. Those who advocate hududlaw seem to
      794 words
    • Article
      Lock icon IN OTHER WORDS
      63 8 I'm stunned by how ratings agencies have switched from being docile to all of a sudden being proactive. And in doing that, they are creating problems where none may have existed.' -Jack flench a partner in Cypress Management, a San Francisco hedge fund specialising in distressed securities,
      63 words
    • Article
      Lock icon Singapore's contradictions
      592 8 EDITORIAL THE next time someone laments the lack of creativity in Singapore, he should be told about the Singaporean jokes circulating by email almost every day. These humour-mongers who have even "cleverly changed the lyrics of our national songs to reflect the economic mood" earned a mention in
      592 words
    • Article, Illustration
      Lock icon Whole new ball game for company head honchos
      1410 8  -  A law just passed in the US requires top gnns at listed companies to be far more financially savvy than before. The world could follow suit By\ Kala Anandarajah The writer is an executive partner of law firm Rajah Tann, and author
      AP  -  1,410 words
    • COMMENTARIES
      • Article
        Lock icon Not all gloom in HK
        379 8 FOR those inclined to see a silver lining, the latest unemployment numbers provide some cheer. The bright spot comes against a generally grim backdrop of rising joblessness and elusive economic growth. Yet, bad as things are, the HK economy continues to create new jobs at
        379 words
      • Article
        Lock icon Oily diplomacy
        293 8 THE Bush administration, promiscuously invoking the war against terrorism, is using its influence inappropriately to assist an American oil company that has been sued for misconduct overseas. The intervention reinforces the impression that the administration is too cozy with the oil industry. The case involves Exxon Mobil and
        293 words
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  • MAIL bag
    • Article
      Lock icon Focus on appreciating stayers instead
      180 9  -  James Wong Wulf Gaertner Autoparts Singapore PRIME Minister Goh Chok Tong in his National Day Rally speech touched on the subject of "stayers" and "quitters" and took issue with the latter ("Remaking effort also about making changes to society", BT, Aug 19). The foreign talents
      180 words
    • Article, Illustration
      Lock icon Compensation must match profit growth
      172 9  -  Lu Kee Hong Beijing via Internet THE report "Goh Chee Wee paid J1.43m last year" (BT, Aug 17), is a timely reminder of how fare increases are funding the compensation of the people who run the transport companies. These people deserve whatever they are getting
      FILE PHOTO  -  172 words
    • Article
      Lock icon Tap local talent pool of women: Aware
      186 9  -  Tisa Ng President (2002-03) Aware I REFER to the report "Launched: a body to set financial reporting standards" (BT, Aug 17). The Association of Women for Action and Research (Aware) welcomes the appointment of five women on the recently launched 15-member Council on
      186 words
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      Lock icon Page 9 Advertisements Column 1
      103 9 Enter UK's Best Universities through Bellerbys College Campuses in London, Cambridge, Oxford, Brighton/Hove. Bellerbys College has a strong reputation for bringing out the best in every student. 1.5-2 years A level program Start In January 2003 Small class size (average clan size consists of lan than 10 students) Broad range
      103 words
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      166 9 Without new ideas, humanity would not advance, conservation, an international panel of judges will be And without funding, even the best new ideas remain looking for extraordinary and unrecognised individuals just that, nothing more. That is why since 1976 the with an exceptional spirit of enterprise. The five Rolex Awards
      166 words
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  • REGIONAL news
    • Article
      Lock icon No more debt crunch for Malaysia
      663 10  -  S&P ops M'sia's sovereign, foreign currency credit rating to 888-plns By Eddie Toh, Diana Oon Abdullah in Kuala Lumpur THE removal of Malaysia's massive debt hangover in the last four years is paying dividends. Standard Poor's one of the rating agencies accused by the
      663 words
    • Article, Illustration
      Lock icon SC warns 99 distressed firms: Revamp or be delisted
      446 10 KUALA LUMPUR AFP MALAYSIA'S Securities Commission has warned it will delist some 100 financially troubled firms if they fail to show signs of restructuring their debts, reports said yesterday. The companies have until Aug 31 to submit their restructuring proposals and
      AFP; SIN CHEW JIT POH  -  446 words
    • Article
      Lock icon TRI consulting lawyers on golden handshakes to former directors
      176 10 Bloomberg (KUALA LUMPUR] Technology Resources Industries Bhd said its board of directors has sought legal advice on payments to three former directors before they quit the company last month. Technology Resources, the country's second-largest cellular operator, said payments were made to
      Bloomberg  -  176 words
    • NOTE Book
      • Article
        Lock icon M'sia to ban tobacco ads next year
        63 10 AFP [KUALA LUMPUR] Malaysia will ban all forms of tobacco advertising and sponsorship next year, giving temporary exceptions to the money-making Formula One grand prix and soccer events, Health Minister Chua Jui Meng said yesterday. The ban, starting Jan 1, aims to help
        AFP  -  63 words
      • Article
        Lock icon Li Peng to visit Indonesia next month
        69 10 AFP [JAKARTA] China's parliamentary head Li Peng is to visit Indonesia next month, the embassy said yesterday. News of the visit came less than a week after Beijing protested to Jakarta for allowing Taiwan Vice-President Annette Lu to visit the country. Mr Li
        AFP  -  69 words
      • Article
        Lock icon Arroyo asks KL for cooperation
        82 10 AFP [MANILA] Philippine President Gloria Arroyo has asked Malaysian Prime Minister Mahathir Mohamad for help in regulating the massive repatriation of illegal Filipino workers in Sabah, officials said yesterday. Large numbers of Filipinos who were living in Malaysia have been deported in recent weeks after
        AFP  -  82 words
      • Article
        Lock icon Thailand, Brunei to set up Thai fond
        90 10 Bloomberg [BANGKOK] Thailand and Brunei plan to set up a US$2OO million fund to invest in Thai companies and stocks, a Thai government official said. The fund will offer money to Thai companies as banks remain reluctant to give loans, Satit Limpongpan, director-general
        Bloomberg  -  90 words
      • Article
        Lock icon S&P raises Thai credit-rating outlook
        68 10 Bloomberg [BANGKOK] Thailand's credit-rating outlook was raised to positive from stable by Standard Poor's, which cited the country's current account surplus and progress in clearing bad loans from banks' balance sheets. Thailand has had a 888- long-term foreign currency rating from S&P, the lowest investment
        Bloomberg  -  68 words
      • Article
        Lock icon MEASAT resumes Galaxy talks
        34 10 Reuters [HONG KONG] Hong Kong's dominant broadcaster Television Broadcasts said yesterday Malaysia's MEASAT Broadcast Network Systems Sdn has re-entered talks over buying a stake in TVB's Galaxy pay TV unit.—Reuters
        Reuters  -  34 words
      • Article
        Lock icon Lion creditors to vote on debt plan
        79 10 Bloomberg [KUALA LUMPUR] Lion Corp creditors will vote next month on a plan to reorganise RMB.6 billion (Ss4 billion) of debt, said Azman Yahya, chairman of a state-run debt mediator. "We are confident the Lion debt scheme will be approved," he told reporters
        Bloomberg  -  79 words
    • Article, Illustration
      Lock icon Tom.com backs off from plans to buy ATV
      613 11  -  It fails to get controlling stake in the free-to-air broadcaster From Audrey Tan in Hong Kong LI Ka-shing's Tom.com has backed away from plans to buy Asia Television (ATV), after failing to secure a controlling stake in the free-to-air broadcaster. While market
      REUTERS  -  613 words
    • Article
      Lock icon Manila faces contagion risks: Fitch
      260 11 MANILA Budget deficit sparks concerns about Brazil-style debt crisis; country's junk rating stays Bloomberg THE Philippines may lose foreign investors as its swelling Budget deficit sparks concerns about a Brazil-style debt crisis, Fitch Ratings said, suggesting it will not raise the country's junk-grade credit rating
      Bloomberg  -  260 words
    • Article
      Lock icon Citibank may buy into Shanghai bank
      216 12 SHANGHAI Govt hopes 1.4b ynan deal will prod banks to upgrade Bloomberg CITIGROIIP Inc is in talks to buy as much as 8.26 per cent of Shanghai Pudong Development Bank Co for about 1.4 billion yuan (***** million), a person familiar with the talks
      Bloomberg  -  216 words
    • Article
      Lock icon TSMC admits possibility of price discounts
      279 12 HSINCHU. Taiwan Offer to those who raise orders contrasts with Nanya Tech's move Bloomberg TAIWAN Semiconductor Manufacturing Co (TSMC), the world's biggest supplier of made-to-order chips, said it may be offering discounts to some customers. TSMC may be charging lower rates to clients who
      Bloomberg  -  279 words
    • Article
      Lock icon Microsoft's prices in Taiwan under probe
      104 12 Bloomberg [TAIPEI] TAIWAN said it's investigating Microsoft Corp for the possibility the software giant inflated prices for its products on the island. "Microsoft's prices in Taiwan are more expensive than in South-east Asia, Japan and the US," Roger Liaw, senior counsel with Taiwan's Fair
      Bloomberg  -  104 words
    • ASIA Notes
      • Article
        Lock icon Millions face flood threat in China
        52 12 AFP [BEIJING] More than 10 million people were under threat from potentially devastating floods yesterday, as central China's massive Dongting Lake surged above danger levels with more torrential rain on the way, officials and reports said. Dongting is a buffer to the perennially flood-prone
        AFP  -  52 words
      • Article
        Lock icon Pakistan remittances soar in July
        70 12 Bloomberg [KARACHI] Pakistanis working overseas sent home in July nearly four times as much money as they repatriated in the year-ago month, after stricter rules on money transfers. July remittances rose to US$3O7 million from US$B5 million in the same month a year ago, State
        Bloomberg  -  70 words
      • Article
        Lock icon Indian panel to report on telco sales
        76 12 Bloomberg [MUMBAI] An Indian government panel may report in a month on the disposal of the nation's two biggest fixed-line phone companies, as the government seeks to accelerate its asset-sale programme, a panel member said. Apart from share sales in Bharat Sanchar Nigam
        Bloomberg  -  76 words
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      26 10 I EXPERIENCE fl NEUIEOOD ORDER I I INTERACTIVE DINING I I I BUSINESS SERVICES/PRODUCTS I The Straits Times Classified. Classifications 201 266. ■■fit Ml It. FMk.
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      122 10 Manila faces contagion risks: Fitch, Pg 11 OQO/ yo /o oftheFortunf 500 companies rely on us to help them stay Competitive vS The American Management Association (AMA), America's leading management and leadership traintag enterprise, is now in Singapore, bringing you tested seminars and customized training solutions. AMA uses experiential learntng
      122 words
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      527 10 NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meetina of the Company will be held at 290 Orchard Road P ara 9 cxl Singapore *****9 on 11 September 2002 at 3.00 p.m. for the purpose of considering and, if thought fit passing with or without
      527 words
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      148 11 BREITLING instruminti for b Scmct Crntrr. PI *M Onlurd Ro*i. n7-02/03 Wumj Aim. Slngjport 230(77. T*t: *732*3*7 I i t I IfIHK- fl fl W^T^l iJiPI j I^^Hl^^nV sBPy /7' /V <^H ■I'] vi Iw^B^^HßHfiiffl UN ml i it A r m i j^VV iKm I |fl b tiß H
      148 words
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  • Article, Illustration
    Lock icon FINANCE
    1037 12 Transaction date:A ug 20 DtTERBAUK CROSS RATES C$ W tw W Wfc -pin Yf Woi MIWZSN>«»N«o tS tmt Sir KT$ N—I USS 0359 4532 0357 4.260 *.524 ***** 0.649 6.528 2.075 l»t ***** 28 396 0.955 5J04 0.M *531 22J59 0358 0346 C*«i« UM 5274 0.649 4.957 30.865 56.228
    1,037 words
  • Article
    Lock icon COMMODITIES
    1425 12 mOUM FUTURES Aug20 RMKI Mm CM* prices) ISSKSCMUAD OOM vaiMM Op lw M (tornw) IHwrt S02 62.00 02 Ho* 02 ipx OK 02 ***** RSS3aBcMbA|) Voiww Oh* P# I— Sttt (ti—s) teternt 5m 02 86.50 950 Oct 02 15.00 14.50 *525 225 1200 *•02 85.00 84J0 85.25 525 2375
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  • WORLD news
    • Article
      Lock icon US trade deficit down in June
      486 13 LATEST US INDICATORS GDP may get boost if exports continue rising in second half, say economists Bloomberg [WASHINGTON] The US trade deficit narrowed in June as American companies increased exports for a fourth consecutive month, helped by a weakening of the US dollar. The
      Bloomberg  -  486 words
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      Lock icon AOL eyes A&T's US$9b stake in Time Warner
      444 13 PHILADELPHIA Reuters LAT-WP AOL Time Warner Inc plans to buy out AT&T Corp's stake in Time Warner Entertainment for US$9 billion in cash and stock, people familiar with the situation said. AOL Time Warner may pay with its own shares and stock
      Reuters; LAT-WP  -  444 words
    • Article
      Lock icon VoiceStream proposes merger
      397 13 FRANKFURT US arm of Deutsche Telekom plans to merge with rival Cingalan report AFP VOICESTREAM, the US mobile phone arm of Deutsche Telekom, has proposed a merger with rival operator Cingular Wireless, the Wall Street Journal Europe reported yesterday. Sources told the paper that Voice Stream has
      AFP  -  397 words
    • Article, Illustration
      Lock icon NYSE Q2 profit down 72%
      293 14 NEW YORK Bloomberg THE New York Stock Exchange said sec-ond-quarter profit fell 72 per cent to US$5.6 million as technology costs rose and revenue fell at the world's largest stock exchange. The Big Board, which is home to 2,800 companies, earned US$l9.9 million in the
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      Lock icon SEC swaps rule may force firms to restate profits
      551 14 WASHINGTON Capacity swaps should be treated as asset exchanges, says SEC Bloomberg SOME telecommunications companies may be forced to restate earnings after the Securities and Exchange Commission this month prohibited carriers from accounting for swaps of fibreoptic cable capacity as revenue.
      Bloomberg; REUTERS  -  551 words
    • Article
      Lock icon Qwest sells yellow pages unit for US$7b
      189 14 NEW YORK ATT Reuters DEBT-LADEN Qwest Communications International yesterday sold its yellowpages directories business to two private investment funds for US$7.O5 billion in a deal that would help it avert a bankruptcy filing. Qwest, the dominant provider of local telephone service in 14
      ATT; Reuters  -  189 words
    • WORLD Watch
      • Article
        Lock icon KPN posts record Q2 loss
        87 14 Bloomberg [THE HAGUE] Royal KPN NV had a record loss in the second quarter after the former Dutch phone monopoly took about 9 billion euros (5515.4 billion) in writedowns on foreign mobile-phone units and licences for faster wireless services. It posted a net loss of
        Bloomberg  -  87 words
      • Article
        Lock icon Deutsche may sell custody business
        64 14 AFP [FRANKFURT] Deutsche Bank is preparing to sell its global custody business for around 1.5 billion euros in the coming weeks, the business daily Handelsblatt reported yesterday. ABN Amro Mellon Securities is tipped to be the most likely candidate to buy the business, but State
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      • Article
        Lock icon Swedish media tycoon dies
        47 14 AFP [STOCKHOLM] Swedish media tycoon Jan Stenbeck, founder of the group that distributes the free newspaper Metro in cities worldwide, has died, sending shockwaves through the country's financial markets yesterday. Mr Stenbeck, 59, died of a heart attack in Paris on Monday. —AFP
        AFP  -  47 words
    • Article
      Lock icon US CEOs' pay hikes in 2001 hit 10-year low: study
      268 15 NEW YORK Total pay up just 6.9%; excluding stock options, wages fell 2J8% Bloomberg CHIEF executives last year had the smallest pay increase in at least a decade as the slowing economy curbed raises, according to a study of executive
      Bloomberg  -  268 words
  • Article
    Lock icon STOCKS ASIA
    5368 13 Transaction date:Aug 20 for more, go to wwwusMwrvenmarketsxxmi HONG KONG a Alpha General 0.02 unch 3320 Ananda Wing On .003 unch *****0 Angara New Steel H 100 -0.01 ***** Anhm Conch H .2.38 0 05 1162 Anhm Expressway H 1.67 unch 3192 ArcontechCorp 0.53 0 09 3752 Asia
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      200 13 I SI ■WTH'Complete Book-Keeplng E i Cambridge »Diploma In Travel Tourism mi Double Mpi*ma r Computer Basics. I IHHHfI HIT EC CERTIFICATE in office SKILLS (PllVttC StCrCtM7 •Ms Wins Application^^ I |PW <<os) Business Administration) Tf" :»""Z r r C^V 3— I 'A• HIOHin NIVCC account. Business Administration Business Practice
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  • Article
    Lock icon KLSE
    2567 14 Transaction date:Aug 20 KUALA LUMPUR Val i w- fm AiM Realty .0.96 unch 2 Abric 1.51 imch 1 ACP Industries .3 JO 0.10 89 Advance Synergy .0.50 unch 119 Affin Holdings .0J6 -0.01 1 Ahmad Zaki Res 3J0 0.12 108 AJC Corp 4.98 unch 146 AifcbeeRes 1.19 -0.01 31
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  • Article
    Lock icon SGX
    751 14 Transaction date: A ug 20 S*- "J 0, ZZ?"** 0Jt 1740 <io *> «>4aLand 115 1500 OCK 114 ***** -0100 Chart SamtCond Mc 1.11 2410 *0.050 QUI 05S (900 -0 050 S ity -P* < ?*L "J #J 2L 40X0 fmk m Mgt a UN *0.010 OaMJwt T 25c
    751 words
  • Article
    Lock icon BONDS & WARRANTS
    666 14 BONDS WARRANTS Pre* Eapfey Law Vol Com Eur Dtec Mtto C —>*■> *m- rmmtmtt wa un AS71WD***** 17 5 -3 SO t 16 29 1.49 22 AcmiLtdtMMUIt 1.5 1 SO 636 4.67 27 AmtekW*****0 08 OS 296 1 33 3 1 33 34 Armstrong W*****0 1.5 1 10 130 333
    666 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      160 14 CRYPTIC CROSSWORD Could be a one to^ 30 In favour of half-a-dozen, so !T^. ke a ro< ui, W 9 Some stars get not one call. 8 Sunbathe, 9 Tommy-rot, 11 31 William 111 coinage? (4-9) It's very odd (13) Brewery, 13 Unfeigned, 15 DOWN 1 5 Outstanding, and so
      160 words
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  • Article
    Lock icon SGX MAINBOARD
    5596 15 Transaction date:Aug 20 for live prices, log on to wwwxtsiaonemarketsxxym la* Val Day UMQbM* G#OI» Dfe GrTM Net MO* wutog U» Ciiiiii Site W- fWI 1—> tm U»m Cm M *3 w3 ABNAmroNLG S6c 9 12 J.4 1416 20.5 as c ACT Dynarrocs20c 13.5 13 16.5 0.7 8
    5,596 words
  • Article
    Lock icon SGX XTRAMET
    71 15 "5"lL *1. f£L f >Q r*»- MM HCa Mq fl f "i nm w» imt fcg m» cw ph v5 ***** 7770 s Diamonds US8950xd *170 0 8950 8950 5800 £30 IS DJ US Tech inHWlnl iJ jU 3480 3480 S7S 440 s IS MSO Spare US575 *****
    71 words
  • Article
    Lock icon SGX SESDAQ
    1373 15 LMQaMt CrOhr Ota GrVW MM MCm mAm C —ff C<M> W»fc l— 8f Mir CV Hi tJ Ma 24 12. ABRHIdgsSc 133 ,jj SUS:S)Eis==S 2 s ,2 L las 'V I s j» r i S 43 AsanMicro Sc U S 1U 1iS j .c as 15 MMwal
    1,373 words
  • Article
    Lock icon CLOB INTERNATIONAL
    401 15 I* w I»» Last Qwtc OrWv Mr CrtM MM t»Cm f ">"l U* im toar Mk Cw m $3 115 70 AVJervwigs A2S< A 99 -1 33 99 95 95.5 99 40 3.4 10 1 5.8 713.1 Cathay Pac 20c HK. 720 265 2.1 7.4 6 2*3862 Owing
    401 words
  • Page 15 Advertisements
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      31 15 Rmional Acent. Shonroom t Service Centre: 1 CHALLENGING TTMFS To CELEBRATE the 30th anniversary of the Royal Oak. Audemars Piguet is 1 backing Alinghi. Swiss Challenge for the America's Cup 2003.
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  • BT motoring
    • Article, Illustration
      Lock icon ZF zips in after carmakers
      483 16  -  Transmissions supplier makes moves in Asia as producers set up in region All reports by Christopher Tan AS they shorten product cycles or set up new production facilities, vehicle makers become increasingly dependent on components and systems suppliers and ZF Sachs of Germany is determined
      483 words
    • Article, Illustration
      Lock icon VW's Touran aimed at successful rivals
      403 16 Meanwhile, it plans to cancel some models to cat costs IT may be late, but it's bent on being better. Volkswagen has just unveiled the Touran a compact MPV that is aimed at successful rivals such as Renault's Scenic, Honda's Stream and Opel's Zafira.
      403 words
    • Article, Illustration
      Lock icon Revisiting that 30% downpayment
      678 16  -  l I comment MOTORING MAS should enforce its rale on the guideline lor car payments op do away with It Christopher tan BMW agent Performance tyotors created quite a stir recently when it took out full-page press ads announcing to one and all that the 318iA
      678 words
    • Article
      Lock icon VW's Dresden plant untouched by floods
      231 16 VOLKSWAGEN'S transparent plant in Dresden, arguably the world's swankiest, has been spared the brunt of floods devastating Germany. The new parquet-lined, glass-encased plant assembles the Phaeton, VW's first luxury car. A Volkswagen Asia-Pa-cific spokeswoman said the floods which caused the Elbe river to rise
      231 words
    • BUMPER to BUMPER
      • Article
        Lock icon VW's China market share down 10%
        122 16 V OLKSWAGEN's share of the Chinese car market fell 10 per cent in the past 18 months, The Financial Times reported. VW held 54.5 per cent of the market for locally-produced cars in 2000, a commanding potion gained by its pioneering decision in the
        122 words
      • Article
        Lock icon China July car sales top 100.000
        140 16 A RECORD of more than 100,000 passenger cars were sold in China in July, state newspapers quoted the State Development Planning Commission as saying. They gave no specific sales figure but said July's sales/production ratio was 110.75 per cent—which means sales exceeded production by
        140 words
      • Article
        Lock icon Isuzu gets 160b yen lifeline
        153 16 GENERAL Motors may have changed its mind jnyi extended Japanese affiliate Isuzu Motors a much-needed lifeline, but the move is seen only as a temporary reprieve for a company facing a hard road to recovery. In a sharp turnaround from past statements that it would
        153 words
      • Article
        Lock icon Honda to stop supplying Jordan team
        189 16  -  -Compiled by Christopher Tan HONDA Motor announced on Sunday at the Hungarian Grand prix that it will stop supplying engines to the Jordan team at the end of this season. Jordan team boss Eddie Jordan said he has reached an agreement with Ford to
        189 words
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      63 16 ALEXANDRA ROAD Industrial Property For Sale By Tender Land area 8,876 sqm I (approx 95,540 sq ft) yrs Clean Light Industry EES'*" c-sSSSoom ideal for motor-car cJSSSin, showroom (subject to approval) 58m fronta 9© to JsL/ Alexandra Road Kodak MWT /L SUBJICT L i I® n e 6 1f125!1 9
      63 words
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      Lock icon Page 16 Advertisements Column 2
      151 16 For the latest open mariiet value rates of passenger cars, go to http://app.interneLgQv.sg/scripts/lta/3_2_oMV.asp nWhat Are You Waiting For? Novotel Apollo Singapore celebrates with you the culmination of our entire refurbishment You can now enjoy the comfort of our upgraded rooms and amenities as well as experience 'Interactive Dining' in our
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      7 16 wA Buy h. Sell It. Find It
      7 words
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  • PERSONAL investment
    • Article, Illustration
      Lock icon A sufficient independence
      812 17  -  Manulife's Tim Shield tells GENEVIEVE CUA what makes an insurance adviser unbiased, and whether it matters to consumers GENEVIEVE CUA PEOPLE are "seduced" by the concept of independence that insurance brokerages appear to offer, says Manulife vice-president and chief financial officer Timothy Shield. But in reality, true
      ARTHUR LEE  -  812 words
    • Article
      Lock icon Sellers active amid market rebound
      902 17  -  markets Suenificant disposals in FAN, ST Eng, Vizßranz By\ Robert Halili The writer is managing director of Asia Insider BUYING interest among directors and substantial shareholders remained low despite the rebound in the market in the past week. The Straits Times Index ended at 1,533.41
      902 words
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      649 17 Where to wine, dine and entertain... """taMoi wwwutinersxoiiLsg b A >JbEZS&r "East Meets West" Buffet Hi-tea Every Saturday, Sunday ftM )l< PubUc HoUday at CafeVanda \l V/ 12.00pm 4.30pm --^AvC Adult $14.80+*♦ N Child 10.00+ (4-12yrs) C/ Two favourites include Mm Sum, Satay, Laksa, Rofak, Chicken Pl* and morel Popular
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      Lock icon Page 17 Advertisements Column 2
      67 17 MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Enquiries: 6831 6291 C«f(*eko.»e j£ u« fu«i nri Mandarin Singapore -JfP SC «S 4*l^ 333 Orchard Road, Singapore *****7 Tel: 6737 4411 Fax:6732 2361 EXCLUSIVE 1 PfMING I Distinguished by impeccable service, luxurious surroundings and a
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  • EXECUTIVE money
    • Article
      Lock icon Terms of protection
      956 18  -  GENEVIEVE CUA silts through the costs and benefits of insurers' term plans GENEVIEVE CUA WITH most Singaporeans said to be grossly un-der-insured, you'd think there would be an active interest in term protection plans. Term plans, which offer pure protection with no cash values building up, are
      956 words
    • Article
      Lock icon What price protection
      74 18 5-year renewable convertible term plans* ut maffHiiirBrBI "■■■■II" mm 11 |B H'li'll 35 1,060 1,140 91S 900 1,066 1,210 1,115 40 1,565 1,765 1.28S 1,330 1,486 1,560 1.582 45 2,305 3,150 1,700 2,075 1,925 2,000 2,288 50 4,065 5,290 3,025 4,025 3£27 2,910 3,743 55 6310 8,770
      74 words
    • Article, Illustration
      Lock icon Here's one who's opting out and why
      419 18 ENTREPRENEUR Kwek Sing Cher, who runs the portal financialvoyage.com, says insurance is a "numbers game" and he takes "calculated risks". He is opting out of Elder Shield. This is because he reckons the risk of needing old-age care is high. Rather than pay
      419 words
    • Article, Illustration
      Lock icon Should you insure, or save yourself?
      817 18  -  -J I comment YOUR MONEY Is the coverage offered by DdwShMd sufficient, or should you invest towards better returns to cover risk? genevieve cua HOT DEBATE over the value of ElderShield, the CPF/Medisave scheme to cover severe disabilities, raises an interesting and thought-provoking question:
      817 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      282 19 Reuters THE Baltic Dry Index rose one point to 1,014, the Baltic Panamax gained five points to 1,009, the Baltic Handymax rose 10 points to 7,646, but the Baltic Capesize fell five points to 1,180. TOCB-€BAITBRi Good Luck (built 1984) 173,028 dwt dely passing Skaw westbound Aug 20/25
      Reuters  -  282 words
    • Article
      Lock icon MARITIME STOCKS
      251 19 *g» »♦/-*< CWT Distribution 0.7S unch 0 Chuan Hup 0.44 unch 1006 Cmco Invastmant —0.20 0.01 486 Fruqht Unts 0.06 unch 20 GBI laWny 0.74 unch 0 JayaHoMnqa 023 unch 330 Kappal Corp 4.36 -0.06 1995 Kappal Martna ai« uncti 2S5 KappalTata 1.02 0.06 439 Labroy Marina 0.29
      251 words
    • Article, Illustration
      Lock icon Hang's Northport begins terminal 3 expansion
      685 19  -  It will outsource all port operations to third party contractors By Beth Jinks [SINGAPORE] Upping the challenge to Singapore for regional transhipment volumes, Port Klang's Northport yesterday launched its Container Terminal 3 expansion, which will ultimately boost its annual capacity to 4 million TEUs
      NORTHPORT  -  685 words
    • Article, Illustration
      Lock icon Star orders ship for Norwegian unit
      513 19  -  2,000-passenger vessel to be delivered in 2004 By] Beth Jinks [SINGAPORE] Boosted by good interim results, Malay-sia-based Star Cruises wiU add another 2,000-passenger vessel to its subsidiary Norwegian Cruise Lines' (NCL) rapidly expanding fleet. The Hong Kong-listed company announced yesterday it would order the
      FILE PHOTO  -  513 words
    • Article
      Lock icon Vietnam to salvage shipwreck treasure
      241 19 Reuters [HANOI] Vietnam is seeking to salvage thousands of objects from a centuries-old shipwreck discovered a year ago by fishermen off the southern coast of the country. "This is an ancient ship that sank a long time ago off Binh Thuan province," a senior official
      Reuters  -  241 words
    • Article, Illustration
      Lock icon Manager of S'pore Cruise Centre resigns
      429 19  -  Newcomer appointed as SCC director in Hay By Beth Jinks [SINGAPORE] PSA Corporation veteran of 31 years and long-time Singapore Cruise Centre (SCC) manager Kathleen Gan has resigned. Shipping Times also understands that a newcomer to the maritime industry Raymond Wong was appointed to
      429 words
    • Article, Illustration
      Lock icon Charterers should be seen as industry's customers
      839 20  -  STRAIT TALE -By David Hughes -INTERCARGO chairman Fred Chavalit Tsao can always be relied on to say something thought provoking. Last week, he turned his attention to the way shipping companies are run. He called for greater emphasis on long-term sustainability to cure
      AFP  -  839 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      193 20 PACE Aunt N> Btang Has S BSA 6 BSC to BTl W CMACGtf 3 C0SC0 3 Centra £jt 4 Cfcahaya 10 CMMSDM 5 Confer 10 Cougar 5 ttcVTGMwft* 6 Defanas 4 Ooognami 3 EP Carriers 10 ECl 3 EngLee 10 ESP Lines 9 Evergreen 4 FoongSun 5
      193 words
    • Article
      Lock icon SHIPPING GUIDE
      14303 24 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartljar VhmI Voyaq* Tateption* SW OwTr. Man. Nam« Numtwr Numtwr To ABIDJAN (ABJ) 2003 Cot* 0'I voir* 20/00 B/10 COSCO EMPRESS PHOENIX 0121W 45-*****900 30/00 2V09 Dalmaj DCLMAS BLOSSEVILLE 234W 45-*****344 02/09 07/10 Kicfl Hurvg SANTA G4ULIETTA GU202S 45-*****133 03/09 26/09 MOL PtO
      14,303 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        507 29 Voy No Berth Arrival Departure JMgNrt 80 PUTM Mu JU A/SIOC ?V06/1000D0 8 LU 7 J4/5 A/SIDC 21/08/*****0 3 Z" J23 A/SIOC 21/08/2300 00 U ,B 1 MB J8 A/SIOC 21/08/0600 00 MNTRAMS IP* 9-FU J17 A/SIOC 21/08/0600 00 W J6 A/SICK 2V08/1400 00 1 J25 A/SIOC 2V06/*****0
        507 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1572 29 CONTAINERS TERMINAL AMD VESSEL SCHEDULES <» Vessel Out In Bth Berthing IM- Berth Name v °y Voy seq berthing Nmbr coo too ALAMJAYA 2 8809 8809 1 23*08/2002 12:00 23/08/2002 2000 AMBER 1 On OH 1 21 AW/2002-09:31 21/08/2002 18-00 B03 DO AA,BER 1 011 2 2208/2002-0500 K12
        1,572 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        171 29 AmgM UK: Bank Holiday Aaf 31 Malaysia: National Day Philippines: Nat Heroes Day Bap 2 United States: Labour Day. Vietnam: National. Bap 3 Canada: Labour Day. Bapls Japan: Respect-forthe-Aged Day. 8«p 20 Korea: Harvest Day. Sap 21 Korea: Harvest Day. Taiwan: Mid-Autumn Festival. Sap 22 Hong Kong: Mid-Autumn
        171 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        781 29 THIS report compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the
        781 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        468 29 JU> K Bl M »0 Mai 984 7 OJ 15.9 0.09 38 0.03 q S Pwmr »tor So«—t No More E25 0 0 2 0 0 0 380 Aw 983.5 OJ 14.8 0.06 27 0.02 u/tri JZZ 390 9906 U J 0" 82 0.06 M/iri %ift
        468 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Air China upbeat about relaunch of Beijing-NY route
        290 30 Direct thrice-weekly flights start Sept 27 AP [BEIJING] Unfazed by the financial turmoil in the US airline industry, Air China officials have predicted that their relaunched direct flights from Beijing to New York will be among their most popular yet. The US
        AP; FILE PHOTO  -  290 words
      • LOG Book
        • Article
          Lock icon KLM to raise capacity by 7%
          75 30 Reuters [AMSTERDAM] KLM Royal Dutch Airlines said it was increasing overall capacity by around 7 per cent for the winter season starting on Oct 27. The increases in the winter will bring both passenger and cargo capacity back to levels of the winter season
          Reuters  -  75 words
        • Article
          Lock icon US Air admits extra cash liabilities
          96 30 AFP [NEW YORK] US Airways admitted to having additional cash commitments of some US$6.5 billion, in addition to its stated liabilities of U5510.65 billion. The disclosure was made by the airline on Monday in a filing with the Securities and Exchange Commission, following a
          AFP  -  96 words
      • Article
        Lock icon Qantas suspends shares, may raise A$1b
        251 30 Bloomberg [SYDNEY] Qantas Airways Ltd requested that trading in its shares be halted until Friday pending an announcement. The Australian newspaper earlier reported the airline will seek to raise Asl billion (Ss94B million), without citing anyone. Qantas spokesman Michael Sharp declined comment. Australia's largest
        Bloomberg  -  251 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1683 30 city flight eta flight no AMtoMt LH9771 IMS S0230 sou otos lux zza GA975 IW5 KU37 15K Attoas $0348 0105 AactlaW IH9817 1900 IM9016 2020 «23 1900 W24 2020 U6M2 1900 S***** 2020 U43W 2045 N***** 2100 S02W 2045 S0285 2100 Mnta CF24I 0150 mmmm mtutm
        1,683 words
  • Page 19 Advertisements
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      105 19 Air China upbeat about relaunch of Beijing-NY route f,: 3 Fov only $2% 0\ wonf U Talktime 3 V !t 0° oo o o OrVs? °Qr> fIL Talktime wth y/f- t o° Pay only a flat rate of $28' for In one neat little handset, unlimited one-to-one you have a
      105 words
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      660 20 I USA/CANADA I EXPORT I I OTHER DESTINATIONS 1 Km. "I rrrlTr 1 I —|--|g=j| T0MWIW»1*U«TR«UAA8I«B(I»BE8S) I uuuniM iXM 70/WI7I/WI 04/01 10/W 11/ M H/W 11/W 14/09 yttia ooqooka uas 77/oi I a/n I ivw 17/w u/w \vw \vn 21/07 vol jw» m m m st» m im. OOQCMJRWU 4504
      660 words
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      Lock icon Page 20 Advertisements Column 2
      546 20 li"« services represented by Memben of ihe Registry of wtjjpjw AcaeAad Shipping Agents, Singapore Shipping Associrtion Members of #te Singapore Logistics Association ULY UNE MALI /vissa vor eu ru eb\ ftnjms swk am Princess lily 0702 01/09 02/09 10/09 Empress Uty 0602 20/09 21/09 30/09 Princess Lily 0802 07/10 08/10
      546 words
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      723 21 ttMNHK FROM EUROPE votl sw m m mm m sou~ ia Ifwssa I vor m tm tm m sou uit aT IOWf B/W 11/09 IWH/M HTD6OWBT JO* 03« Qs/00 47/■Ol/«M/W ■awoomr 002W 23/00 00/09 10/09 13/w m/n mmnmmi momi mjm H/m 11/0027/00 wt—rowm jp*w 24/00 13/w is/w 17/w ii/w httoa
      723 words
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      Lock icon Page 21 Advertisements Column 2
      1228 21 DIRECT CAI|TO^ M lUHUM ■> tll-M SMO/US JHj MTout7/II ui ,«J COWHBP 4MB COSTAR SHIPPING PTE LTD »«wmmmm ourausn/u ffi 3 oSIUZ/c I Plt IID iH;tm nilwaw) Jggg ggg* I BANDAR ABBAS -12 DAYS JOWTSOWO: JnSSJSL, Mm MMSJI4/4* I HMMIH II IMT) TEL 07-ISillM WLOMSMIM t*VWTWim miW/M *7MSJIJ/7J SSsStt/Ol* 7VM
      1,228 words
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      Lock icon Page 21 Advertisements Column 3
      401 21 Vesa w_ _pk_ jgu_ _hk_ _sha_ _rys_ jk_ vesa vor si* nrr, IMT( HOWGtOWG 71IW VJ\_ Hfl W\_ J/»_ Q </> 10/t AO VKXfT 04M M/l ~~H/j w/T" MTCgaiW6 jl» V> 4/J S/J l/» 11/J 13/» 17/1 AOUAIGUBUTt ~IOMN 3t7« i/T~ |mr(um« ?ih|iq/i|n/»|n/»l iviliyhi/il 24/911 aoc uuc mm 7/* ~\\/j
      401 words
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      1037 22 HYUNDAI MERCHANT MARINE CO., LTD. a IK+thooooh |wbp dot so sw uw |hp m mp mv Ifyroa vot sou in m ur hap mv 9 EimST !I/2 /M m /w «w«ra«rr oo«w «/m oj/m n/47 m/i/ m/m imw m/M M/M 10/ M ij/M APIMBIA iojw 70/47 11/47 OJ/m ii/M rjuSlUl
      1,037 words
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      Lock icon Page 22 Advertisements Column 2
      735 22 11l L WAN HAI LINES (S) PTI LTD WAN HAI LINES I «"*=■»> BWBML «fl»l tni M■. «l) mmML WD TOM/ OtIK 1 «rww.wniMi.CMLl| BBtrnMIMimMIMftIMVIIM ttnw I IM'V'M'fi" 'tfi 11VII B M |mmi»i im KM Mi vm ~~wm nm Sm Ht m 151 118 I—>- M I Kmnoi an hh«
      735 words
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      Lock icon Page 22 Advertisements Column 3
      581 22 lISOUiFA WEEKLY EXPRESS SAILING SCHEDULE AISO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VBSB WT SM HUM COUMMO ILSMVA CBMBMB TMHMKi 0057W IfJH JIM 4UK 7MK 11 AM komphmu mm lmt aw ~m~ umk i*mk 11 -MM m iimk ow ~oiT~ ~iuK~ I mwtMW tm UMK 71MK TSMK "MST"
      581 words
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      990 23 |VtSS«t VOY KHH HKO SIN PKL OXO Ui OMM MK M.V. UNDAVIA pa. 273 20/0* 21/0* 24/08 25/08 01/09 02/09 06/09 00/09 WAN KERMAN PCI 274 27/00 20/00 31/00 01/09 00/09 09/09 13/09 IS/09 MAN ISFAHAN PCL-275 03/09 04/09 07/09 00/09 IS/09 16/09 20/09 22/09 MANHOOMOZOAN Pa-276 10/09 11/09 14/09
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      562 23 UK CONTINENT SERVICE Loading tor PANDORA P RDM/ATW/BMN/UK/NAN MAKRA RDM/ATW/BMNAJK/NAN Singapore. E7W. MWaya. Indonaaia MIDDLE-EAST SERVICE Loading tor MARINE UNIVERSAL II DBI/ABU/DOH/BRN/DMM/KWT AFRICA DBI/ABU/DOH/BRN/DMM/KWT FATMA ANA ADN/JDH/AQA/TRP I HANDY ASPERANCE JDH/AQA I EXPLORER S DBI/ABU/DOH/BRN/DMM/KWT loads angapore, EVW MaiayWa. Indonaaia USA SERVICE I Loading tor I MED INTEGRfTY CAM/NFK/SAV/NOL I
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      673 23 Ifffi— slgL gL rw jffssa m an *L £Bh==|£==lS==lS= HBiL -B jg=jMhJBbwii jJL- Jg» WT|ai _M SBM -g—z^ziggn if OH VP« WT sa PW 555 82! g£— SB*"* m* am am iirlLj ——g/g gy» gg vm run _j_wu<_r__M/M L_MMZI i\M torn -M IS HM VBSa WOT ««Tanril!» -Sra iSi f£=
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      115 24 I LINE AJFgrghidi 096E~ 24/08 05/09 Vl/OsT 12/09" J "1 Al Forohidi CI96E 24/08 17/09 OMfT 27/09 ***** 30/09 AJ Forphidi CI 96E "***** 307qT A] Forohidi CI96E 24/08 15/09 24/09 25/09 27/09 29/09 AlAbdofi C197E~ 31/08 ~1 7/09 ""gftTT 27/09 29/09 30/09" AiAMgji ci97E"ltm "***** *****" Al Abdoli 1C197E"!
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      208 24 CWT GLOBEUNK PTE LTD W own offices m TEL:€ *****33 (36 LIMES) FAX:€ *****42 M VrOMfr-tMLBOUmm-PemMK Wtr KELANGFASm GUDANG KUCHING BANGKOK KAHACHI BOMBAY Nt DtLHI-COLOMBO-HO CHI MINH CITYHAIPHONG HANOI BKEMEN HAMBURG TIANJIN QINGDAO SHANGHAI-XIAMEN fUZHOU-DALIAN- XIAN-BE IJING SHI HA /HUANG DIRECT SAILING TO EASTISQUTH AFRICA MOMBASA DURBAN (I JOHANNESBURG Jf
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      41 24 H WINSTAR SHIPPING PTE LTD TEL (*****72 RUt ******07 a DO. M*****0000C Sdhp WmUy mm Sat) 3 Srfbp Wwtiy w«4 M] IM**« J*m| hn CMMmt Pwi Omt to Ow FQAQ/ I 11 i lFQC«i—v Cn iitindtjry D«t H Dm PROJECT CARGO
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      207 24 iBSAi te* MYANMA FIVE STAR UNE vbsh vor sm pu km pgu MSIMIUW MW st» PAGAN V3O6W SU> MALAYSIA: tOUSHAD SHIPPING AGCHCKS «UL OMU77JOO nt 03-317M1Q1 PBfc M-MIJAOi BANK LINE {A unrtff lU*>w W* SUpplf) MOKTHtOUWP TO EUKOfj~ V CONBMBt, ROMi Mil t HUVYUFTS VB» SI m MM NHU AMP
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      88 27 y PI PBKJSAHAAN FBAMRAN I W KALIMANTAN 1 PIKICT WIEKLY SERVICE TO 1 JAJUUrrA/PAiimAW€/DUMAJ J 1 I d I I |rw» bwuT' i gfggjggl w/w 57i I lyw IT7I "W* «7» I i ij/17 ~B7f H7T -n7f-1 SUIAIAYA/PAMJAMG sw m rm I a maca Wm it/t ~j}/t ~uji 1 I
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      65 27 SIN PASIR OUOANQ SIN DAILY SAIUNQS [VESSEL IVOY ETA PC MY I VPY ETA SH \MY OMJEN^niw IflnHßltMllWll I ZLMflg. 15S1W 22AMAa ITHU I nw£ tw |2HW awn a golden STOW 1 1»2» \zyojm FW |15S» |so Acoaptfcig UC cargo ft Rnhr OmMw (SOQ ICOO AGENTS: C/R NO: **********0-W PAMR
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      66 27 msfoe tautwt 26 AUG DUUIMXram 4 SOT COIOMIO, MAli 5 SOT TANGO*, OHTTAGOH6 ISSOT MUMIAI KANDU M ImSm, Ng» mndP.M PHOENIX SHIPPING (ttviltd MONTMLV SCWV,C£ TO SOUTHERN AFRICA AND MOAN OCEAN SLANO6 vfitri name vov wore ourbam PHOENXI 09/02 18AN/D2 30/10/02 C^^^^^ > d g K: R<union S ycha Meuntius,
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      48 27 ETA ETD LQAOMG TOR -WJ 31/08/2008 31/08/20Q2 PNMOM PBW A VUNQTAU TRORCALROSE OMM/2002 OBAIB/2002 PHNOM PBW JUN3 23/DB/2008 29AM/2008 SMANOUIOALLE (30 TOM DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD $1 ANSON ROAD MS-SI ANSON CENTRE SMGAPORE 0207 TB^«aOIOO7«aOQQaTUtRSai»F<miMO7SSCRNO:II4aPr-— Read Reviews of LINERSCENE Every Fortnightly on Mondays
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      73 27 -A ESP LINES NIW wmiy LQ savig TO LOCOS vcssa MUKIVBTIMKMT loam* rvanr wed at on acnr ah. COWVBfTIOIUL/ittAPUU SBVKI ni S» IQAMC H* W 'TW \vwm MM, DMHtMI STOB IE; taaui ML *****117 BM m. msui HUL m/Tii HBMUWS«WO«E/VETMAiI<aVB£ VBSRS VOT (U El» KSTMATKM INMNM «/ti aran 21/w vwsua/iu
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      653 28 JW ■MillMC BpESSE^ tiHM I n«t BUOGf 007N 77 n/08 03-05/W 101/W I IWO SHAM 008N 30 31/08 06 04/04 1314/W I I ncaisuND own owm/m ioit/w ini/w I I not run oion 06 0//W ms/w 7071/w I nil'Ml 171/01 MM TtWS SII7S 0110/01 I SSSJF 953 v/m WW/M IH4/W
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      785 28 VtSSa KAMI VOY MKANM POST I (LANG OMMMM MONGLA Itt FTP [U FTP FTA FTP COWSfiTEWa 15W107 TIK 70/ M 22/ M 22/N 26/N 30/N 31/N 02/09 22 0i 23/N 24/N 81/N~ OtWOWOW Q7WNS SAI 24/08 26/08 2*oB N/N W/N I <KfWT lt 02N121 88 27/N 2»/N 28/N N/N N/N
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      61 28 om, CONFER (S.E.A.) Zgj SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAOONG VESStI I SW etc EMERALD 05-06 SEPT 10-15 SEPT Pt ECT reiACUCOWVEimOWAL SERVICES TO>indan SU)-Con|ner« CtkxMSi Bantmf Karat* Cakrrtx) CMtegyq TutaMi Catm noCh**#) Hachong Hanyang Mnk Bardic* Busw FCULCL S«nric«» To: Mefcoume j ,-l.i
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      869 28 I /dz |PDZ LINES I j^__^^^__|j«iwo«irow6joosHrm6 rnUP SSH WLW nMIW asmiG wu 22/ M aa nio n/o> asooN mi n/oHauSITSi is/m oswh 7779 75/01 aswo rm ts/m ghan nn ts/m |a«gniTss "oyirs^ —I cml mm Imm cgjAjjc n/m_ cuoo noi ?//o» cwoa n44 w/w g*mn 2247 m/w Hi I 11
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      175 28 WISSBBSM Sp iH 11J JI Mm' ;i j 9 l!??l BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI [rasa voma rasmrotf mmuoi~l |m*» I mm 11/ mAn nm/n In* I hshw ia/io/m wia/in SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood #17-07/00 Ap«x Townr, Singapore *****5 Tehphen* 6270 0977
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  • Page 29 Miscellaneous
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      126 29 I IC W LEGEND: issued K Thunderstorm Showers y^\ Rain T w^?hor Ure C (J Wind direc,ion and speed in knots Cloudy Day weather [><) Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I I Slight, < 1 2m I
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      131 30 PROPERTIES |g The Straits Times Classified. Classifications 402 568. Buy n sen h. fm h. Bsats WELCOMES AIR MACAU One of Asia's regional airlines, Air Macau, arrives in Singapore Changi Airport today, opening a new chapter in its history. Singapore Airport Terminal Services (SATS) is proud to be your chosen
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