The Business Times, 22 August 2002

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Microfilm: NL24530
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE I !memot: oUp://business-times.asial com.sg THURSDAY, AUGUST 22. 2002
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  • Article
    Lock icon MARKET SUMMARY
    72 1 □m 1533.47 (-0.14) sriHKznmiiEs 1)*****0 (unch) smsci pctuxes 193J0 (+0.90) STOCK MARKET INDICES Wednesday Change KLSECOMP 730.79 -119 NIKKEI 225 9,642.61 +21.92 HANG SENG ,_10,***** 6.75 SET INDEX 372J2 1.03 JAKARTA COMP _457i2 +0i47 MANILA COMP .1,104.73 -24.15 TAIPEI WP1 4*87.71 -31.47 SEOUL COMP 746.12 >8.42 SHENZHEN B
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  • Article
    Lock icon FINANCE
    65 1 FOBEX BATES US$ SI CSS (SS per US$) 1.747 £(USS/SS per 1AS1 1675 EURO(US$/SS/E). OJ81 1.714 YEN 118.0 67.60 RH 1800 1176 HK$ 7.800 4.4«6 BAHT 4106 24.07 RUPIAH Aja2 5.055 Plans RATES SINGAPORE* 5is KUALA LUMPUR 6.40 HONG KONG 6.12a JAKARTA 39.00 TAIPEI 6625 TOKYO 1375 SEOUL dan
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  • Article, Illustration
    Lock icon Local banks in excess funds quandary
    916 1  -  liiexclusive Cheap money flows to foreign banks which then nse it to compete in home loan market By Catherine Ong [SINGAPORE] Having an extensive branch network used to be a prized privilege that Singapore's local banks were anxious not to share with their foreign
    Source: MAS  -  916 words
  • Article, Illustration
    Lock icon Home sales to foreigners in Q2 hit 3-year high
    803 1  -  Indonesians account for 52% of foreign buyers By] Kalpana Rashiwala [SINGAPORE] Foreign buyers accounted for 7 per cent of caveats for private homes in the second quarter the highest figure in at least 12 quarters according to a recent analysis by
    Source: SISV REALink,DTZ Research  -  803 words
  • Article, Illustration
    Lock icon NOL dismisses rumours of Flemming Jacobs quitting
    398 1  -  By Conrad Raj [SINGAPORE] Neptune Orient Lines, which is expected to announce huge losses, yesterday dismissed market rumours that its chief executive, Flemming Jacobs, would be leaving the national shipping line. "That's certainly not the case," said Sarah Lockie, NOL's vice-president for corporate
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      Lock icon Page 1 Advertisements Column 1
      96 1 nwniB Top stories No more rate cuts, says Fed president Robert Parry. Next Page Boeing picks M'sia as its regional HQ. Next Page SIA-pilots dispute: Amicable settlement expected by weekend. Naxt Paga Jumping the gun on relisting Links Island. Pg 3 Ministry of National Development rejects Pinetree rezoning appeal. Pg
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      Lock icon Page 1 Advertisements Column 2
      134 1 JS L.U.C Heir to a proud watchmaking tradition LUC Sport Self-winding chronometer, double spring barrel LUC "Twin", steel case, water-resistant to 100 m W fp» %s®r II JB^ ;•;> I Unofazfa/ W www.chopard.com The L.U.C collection is exclusively available at selected watch specialists and Chopard Boutiques worldwide In Singapore: Chopard
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      27 1 10% cash payment for property What MAS says PAGE 6 K SGX's dividend play j overshadows Kloet's exit Ven Sreenivasan: Right time for SGX to reinvent itself
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  • NEXT page
    • Article, Illustration
      Lock icon Fed officials indicate no cuts at next meeting
      399 2 Their comments fuel broad-based sell-off in US Treasury bonds Reuters [NEW YORK] San Francisco Federal Reserve Bank president Robert Parry said the Fed has lowered interest rates enough to help the economy and no further action is likely to be needed, according
      Reuters; BLOOMBERG  -  399 words
    • Article
      Lock icon Amicable settlement expected by weekend
      436 2  -  SIA-PILOTS DISPUTE SIA reserving at least one business class seat for crew By^ Conrad Raj [SINGAPORE] The sixmonth dispute between Singapore Airlines and its pilots over seating arrangements for extra pilots on long-haul flights is expected to be settled amicably by this weekend. Sources say
      436 words
    • ON THE grapevine
      • Article
        Lock icon Look out below
        99 2 CANADIAN research outfit BCA Research said this of WaU Street in its August strategy note: "Even though stocks have bounced from recent very oversold levels, it will require some catalyst to sustain a lasting raUy. We are sceptical that the news about economy and earnings will be
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      • Article
        Lock icon Banking on dressing up
        96 2 THE dress-down look of the dotcom days is gradually being replaced by formal wear in some offices. Deutsche Bank has told its investment bankers to wear suits and ties on Mondays to Thursdays, and is making casual Fridays less casual by banning denims, T-shirts and sneakers.
        96 words
    • Article, Illustration
      Lock icon Boeing picks KL as its regional HQ
      600 2  -  It's seeking MSC status, which offers tax, other perks From] Eddie Toh in Kuala Lumpur THE Boeing Company has picked Malaysia to host its new regional headquarters, and has appointed Paul Walters as the regional vicepresident for South-east Asia, the Seattle-based aerospace giant
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      Lock icon Page 2 Advertisements Column 1
      423 2 THE MONETARY AUTHORITY OF SINGAPORE APPLICATION FOR TAXABLE BOOK-ENTRY SINGAPORE I GOVERNMENT BONDS I TENOR APPROX. 15 YEARS I I TOTAL AMOUNT OFFERED SGD 800,000,000 I I MINIMUM DENOMINATION SGD 1,000 I I MAS'INTENDED TENDER AMOUNT NIL I II (NON-COMPETITIVE) I I ISSUE CODE NYOIIOOF (REOPENED) I I ISIN CODE
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      8 2 US ehipmaken' July book-to-billfalls to 1.16, Pg 13
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  • SINGAPORE companies
    • Article
      Lock icon Jumping the gun on relisting Links Island
      736 3  -  Short-sellers make a killing all material facts should have been disclosed first By R Sivanithy LINKS Island shares resumed trading yesterday following a two-year suspension after the counter was declared cornered but there still seems to be unhappiness over the way the affair
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    • Article
      Lock icon SGX dividend play overshadows Kloet's exit
      536 3  -  Strong management team, cash hoard also seen as pluses By, Angela Tan THE resignation of the Singapore Exchange's (SGX) chief executive officer Thomas Kloet is not expected to weigh on its share price because of its strong management team, attractive dividend yield and healthy
      536 words
    • Article
      Lock icon Right time for SGX to reinvent itself
      659 3  -  lock siew ven sreenivasan THE less charitable observers attributed yesterday'ssurge in the Singapore Exchange's share price to the impending early departure of its CEO, Thomas Kloet. Wire agencies went further to suggest that traders aren't exactly lamenting Mr Kloet's departure. Traders have a
      659 words
    • Article, Illustration
      Lock icon Mentor price swings raise questions
      474 5  -  Volatility suggests possible price manipulations, say market watchers By' Ven Sreenivasan THE volatility of the stock of software packaging firm Mentor Media has raised questions about possible stock price manipulations. Brokers and market watchers note that the stock has been gyrating wildly accompanied by high
      Source: Bloomberg  -  474 words
    • Article
      Lock icon MAS inviting feedback on systems bill
      174 5  -  By Andrea Tan THE Monetary Authority of Singapore (MAS) is inviting feedback on its proposed legislation to protect payment and settlement systems. The proposed systems bill was the result of a joint study by MAS and the Attorney-General's Chambers (AGC) to examine the legal
      174 words
    • Article
      Lock icon GRP returns to the black with $1m profit
      287 5  -  Cost move, absence of non-trade debt provision cited By Serena Ng MARINE and oilfield hose supplier GRP yesterday announced a return to the black with an FY2002 net profit of $1.1 million, after a net loss of $6.4 million a year earlier.
      287 words
    • COMPANY Briefs
      • Article
        Lock icon It was a false alarm: UOB
        92 5 A CONFUSED United Overseas Bank (UOB) customer got a rude shock over the weekend when he unwittingly set off the alarm while fumbling with the cash deposit machine at the bank's Siglap branch. "It was a false alarm. There was no attempted robbery. The
        92 words
      • Article
        Lock icon Eastech plans Taiwan listing for unit
        86 5 Bloomberg tiAb i fciRN Asia Technology Ltd, one of Singapore's largest publicly traded makers of parts for audio and video equipment, said it plans to list its unit on the Taiwan Stock Exchange by late 2004. The company plans to sell shares in its
        Bloomberg  -  86 words
      • Article
        Lock icon Robert Howe quits as DBS director
        56 5 Reuters DBS Group, South-east Asia's largest banking group, said yesterday that Robert Montgomery Howe has resigned as board director of the group and the bank. Mr Howe, an American, is also the chairman of Internet and technology consulting firm Scient Inc which recently filed
        Reuters  -  56 words
      • Article
        Lock icon Ascott sells Cuppage Terrace
        60 5 ASCOTT Group said yesterday it has sold Cuppage Terrace for $19 million to coffeeshop operators S-11. The sale, which will result in a net loss of $1.4 million for Ascott, is in line with the group's plan to divest non-core assets. Cuppage Terrace has a net
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    • Article
      Lock icon Chartered beefe up top team to boost customer focus
      311 5  -  f*y David Boey CHARTERED Semiconductor Manufacturing boss Chia Song Hwee has made fresh changes to his senior management team to bolster the group's position as a "top-tier foundry". The latest reshuffle results in the departure of a second Motorola veteran, John
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      301 4 OTHER SINGAPORE INDICES Aug 21 VALUE CLOSE BTOMDS 303 00 +56.00 BT CADI -*****.00 -35.00 -*****.00 +30.00 413.06 +0.37 SC D»lI 122.84 +0.22 tCClridiiFfa 1358.91 +1.94 serpen 411.92 -4.85 mafhginri 192.79 +0.47 «MSar«tww 193.30 +0.90 Whw Unte island 10c 182,221.000 Crtiraya 2.5c 28.088.000 NOL 19.989.000 FJBanW*****6 17 154 000 10c
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    • Article, Illustration
      Lock icon Food Empire is very much a small-cap dark horse
      268 4  -  HOT STOCK/ WARRANT By' Ven Sreenivasan BEVERAGE maker Food Empire has just announced an impressive 25 per cent jump in first-half net earnings to $4.8 million on a 33 per cent surge in turnover to $44 million. Despite the strong results,
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    • Article, Illustration
      Lock icon Short-term technicals offer boost
      759 4  -  l i comment STOCKS r. sivanithy Technicals can sometimes play just as important a part in determining a market's direction as fundamentals. For example, if a stock or index repeatedly tries to penetrate an upside level but fails, technicians would probably conclude that a breakdown in
      759 words
    • Article, Illustration
      Lock icon US$ slides on talk of Saudi fund pullout
      295 4  -  US trade deficit worries also feature prominently as oil prices soar larry wee THE US dollar was forced back onto the defensive in US trading on Tuesday, hit by news of America's stubbornly high trade deficit and a report that Saudi money
      Source: Reuters  -  295 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3543 4 UNIT TRUSTS FUNDS AIN Amro Asset Mgt (S'pore) Star Europe Eaty! A 0.652/ Star Europe Bel 1052/ Star Europe Bal 0835. Star Asian Tiger Eqty 0.727/ Star Asia Bond 1258/ Star Asm Balanced 0834/ Star Global Technology Fund!" 0.17V Star Bhv Finance Japan Fund!** 0.688/ Star Asia Bond(USO) 0 718/
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      178 5 Without our traps, you won't smell a rat J 1 The computer age is certainly putting the world at your fingertips. Ac| 111 ck click, ol the mouse and a stranger can electronicalK burrow his \va\ into our home or ol lice. ithout so much as a squeak Ihe question
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Q2 wholesale index slides for 5th straight qtr
      320 6  -  -By 1 Rachel Ong THE overall domestic wholesale index slid for a fifth straight quarter, falling 6.4 per cent year on year in the second quarter this year, figures from the Department of Statistics show. But the decline was smaller than that
      Source: DOS  -  320 words
    • Article
      Lock icon 10% cash rule is to curb speculation
      441 6  -  MAS repeats that total credit facility allowed for homes capped at 80% Hy Siow Li Sen THE Monetary Authority of Singapore said yesterday the 10 per cent cash downpayment for property purchase is a hurdle to speculation and reduces the probability of buyer
      441 words
    • Article
      Lock icon 2000 saw slower growth of Singapore foreign investments
      501 6  -  Amount rose 4.8% to $220b; China got biggest chunk again Byi Chuang Peck Ming THE pace of growth in Singapore's total investments overseas slowed to 4.8 per cent in 2000, after an 18 per cent jump in 1999. Still, it was an
      501 words
    • Article
      Lock icon Car COEs creep up despite Hungry Ghost Month
      268 6 CAR COEs crept cautiously higher in the latest tender despite the Hungry Ghost Month, which in the past has often dampened bidding. Traders say buying interest this time around was relatively unaffected by the ghost period, considered by many people as inauspicious.
      268 words
    • Article, Illustration
      Lock icon NTUC FairPrice headed for China
      350 6  -  It plans move by next year; hopes to generate cashflow Reports by u Arthur Poon NTUC Fair Price plans to venture into China by next year. Confirming this expansion, chief executive officer Tan Kian Chew said yesterday that the move will "broaden its market base"
      FILE PHOTO  -  350 words
    • Article
      Lock icon Grace period to rejoin ElderShield
      270 6 PEOPLE who have opted out of NTUC Income's Elder Shield scheme will have a grace period of two months to rejoin after the Sept 30 deadline. Announcing this yesterday at a media briefing on Income's annual social report card. CEO Tan Kin Lian said 20
      270 words
    • Article
      Lock icon Savant forms strategic alliance
      128 6 SINGAPORE-BASED training and development company Savant Infocomm has formed a strategic alliance with global staffing consultancy Manpower Inc. The tie-up will allow Savant to access Manpower's market knowledge of demand for "hot skills" and subsequently develop courses to meet these needs. Hot skills include critical emerging
      128 words
    • Article
      Lock icon It's final; no rezoning for Pinetree land use
      442 7  -  MND rejects appeal to use plot for residence By! Serena Ng THE Ministry of National Development (MND) has rejected an appeal by the receiver of Pinetree Resort to rezone the land on which the club sits and the rnling is final. In
      442 words
    • Article
      Lock icon Younger cohort has it better: DOS
      390 7  -  1970-born cohort has better pay, education than earlier ones Byi Angela Tan SINGAPORE'S younger cohort born in 1970 has fared better than the 1965 or 1960 generation in terms of education. employment and asset accumulation, the Department of Statistics (DOS) said in an occasional
      390 words
  • Article, Illustration
    Lock icon FINANCE
    1060 6 Transaction date:Aug 21 DTTERBAME CROSS RATES Ww Ml ICS Htfa N» Mr Wlj tm Hmi KS 0 854 m 0643 2072 32.450 ***** 0.952 5.948 0.817 *.524 22.929 0.356 0.545 ST 07* n<M IS Jill 3 f 7 M2 2426 1359 ***** 33 ,92 0.956 ***** 26.055 0.417 0.638
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  • Article
    Lock icon COMMODITIES
    1545 7 BOOM FUTURES Aug 2, RUBKI Mm (CM* prkts) RSS10cMts/kf) Oom VotaM OfM MmMi M|h Lot Sett (HUMS) M«mt S«p02 6240 Oct 02 I52JES Nov02 ***** Dec 02 152.25 ISS 3 (US cMts/k<) Volmc Obm 1> j*# Lot Sott (tm—i) twteret 86.50 950 Oct 02 8525 1200 Nov 02 8125
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      492 7 I Motives B THE COMPANIES ACT, CAP. 50 FLEX PLUS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 308 of The Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 711 Geylang Road *03-04, Singapore *****6
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      Lock icon Page 7 Advertisements Column 2
      198 7 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF UNEHAUL EXPRESS (S) PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS VOLUNTARY WINOtNG-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the member of the LINEHAUL EXPRESS (S) PTE LTD duly convened and held
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      Lock icon Page 7 Advertisements Column 3
      50 7 o U 4 H o The Art Of The Business Gift Business gifts that will be appreciated throughout the coming year and for many years to come. To order the Tiffany for Business catalogue, please call 6735 1848. Tiffany&Co. SINGAPORE RAFFLES HOTEL ARCADE 6)34 0168 NGEE ANN CITY 6735 8823
      50 words
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  • EXECUTIVE suite
    • Article, Illustration
      Lock icon Having a jaunt in the hot seat
      638 8  -  The new president of the Singapore Institute of Architects, John Ting, wants many things to change, reports Andrea Tan Andrea Tan JOHN Ting is either brave, stupid or ignorant to have taken on the challenge as president of the Singapore Institute of Architects.
      638 words
    • Article, Illustration
      Lock icon Ghost month not deterring developers
      534 9  -  HongLeong's Edelweiss Park offers lower prices for early birds Byl nn/ Kalpana Rashiwala rnur£ji\i i ueveiupers are continuing to pile on project launches despite the Hungry Ghost month, with the latest two to enter the market being Hong Leong Group's Edelweiss Park and listed Capita
      FILE PHOTO  -  534 words
    • Article, Illustration
      Lock icon CPG clinches 5 World Bank, ADB projects in 9 months
      299 9  -  Jobs in Cambodia, China, Philippines and India rake in $5m in fees, reports Andrea Tan Andrea Tan IN nine months, CPG Consultants has bagged five Asian Development Bank (ADB) and World Bank projects, raking in fees of $5 million. CPG,
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      Lock icon Page 8 Advertisements Column 1
      111 8 BUSINESS SERVICES/ PRODUCTS ffl Hie Straits Times Classified. Classifications 201 266." mTfw h. 4' j>:v■ V6> Z'M V m! &Bms' x -••r l| i k 3 r ji.' ■w- v v With sizes like these, every unit is like a Penthouse J Q *M M IlliS jLti AmMwH VIS* l-~.
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      39 8 COMMERCIAL ICS BUILDING OFFICE/SHOWROOM SPACE FOR LEASE Immediate occupation Various sizes available from 958 sq ft Attractive rentals Minutes walk to Tanjong Pagar and Raffles Place MRT Call Sole Marketing Agent CB Richard Ellis Commercial Leasing Tel: 6224 8181
      39 words
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      222 9 Call toll-free 1800 289 8822 J RYAN PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY given pursuant to Section 308(2) of the Companies Act Cap. 50 that the Final Meeting of Members of the above-named Company will be held at Block 809 FRENCH ROAD #05 168 SINGAPORE *****9 on 23-9-2002
      222 words
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      207 9 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SINGTEL GLOBAL SERVICES PRIVATE LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap. 50 that the Final Meeting of Member of the Company
      207 words
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      Lock icon Page 9 Advertisements Column 3
      131 9 ten@suffolk The preferred address. ill now at a preferred price. f Pro ect Area (sf) Price $psfContract Date pff^SPfl Lincoln Modem 1206 $1,326,600 $1,100 June'o2 |^F|l 1 Moulmein Rise 1238 $1,090,000 $881 April '02 BBT|I The Springs 1367 $1,223,800 $895 April '02 lo4| I Thomson Euro-Asia 1292 $1,210,000 $937 June'o2
      131 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Nasdaq giving up on Asia prematurely
      725 10  -  HmTT3 I bottom line OPINION william pesek jr The writer is a Bloomberg News columnist based in Tokyo. The views expressed are his own. THE 21st century has barely begun, but already there are reminders it may not be Asia's after all. That's the
      725 words
    • Article
      Lock icon IN OTHER WORDS
      96 10 'Overall, the results suggest that the firm's accounting and market performance is not substantially different under a newly appointed CEO than under his dismissed predecessor.' Margarethe Wiersema a management professor at the University of California, Irvine, in a paper presented at the annual meeting of the Academy
      96 words
    • Article
      Lock icon Bonding with Planet Earth
      555 10 EDITORIAL WITH floods ravaging parts of Europe and China, droughts and heatwaves having swept through 25 US states, and a 3km-thick fog of haze hovering over South-east Asia, next week's 2002 Earth Summit in Johannesburg is starkly timed. But it's unclear what, if anything, can be
      555 words
    • Article, Illustration
      Lock icon Why Asean still appeals to Japan despite China
      1532 10  -  Look at the broader picture, officials urge, in which the upcoming Afta is exerting a rival attraction to China in the eyes of Japanese industrialists Prom Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo THE popular perception that a sclerotic
      1,532 words
    • Article
      Lock icon ElderShield surpluses mill be returned
      277 10  -  MAILI.TTI Tan Kin Lian CEO, NTUC Income I REFER to the article "Should you insure, or save yourself* by Genevieve Cua (BT, Aug 21). She reported that an actuarial consultant had calculated that the ElderShield premium appeared conservative and is higher than the likely experience.
      277 words
    • Article
      Lock icon Why sell national assets at big discounts?
      251 10  -  Chua Soon Hock Managing Director Asia Genesis Asset Management Pte Ltd, Singapore NATSTEEL'S management buyout begs serious and important questions that should be addressed by Temasek Holdings: Should executives of gov-ernment-linked companies (GLC) take the initiative to acquire national assets for personal business
      251 words
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      69 10 We welcome totters. E-mail us at btietterQsph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 ToaPayoh 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, and
      69 words
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  • REGIONAL news
    • Article
      Lock icon M'sian builders' shares in play ahead of Bakun deal
      592 12 KUALA LUMPUR Decision will be made by the end of the month Reuters MALAYSIA will appoint builders for its long-delayed US$2.4 billion Bakun dam by the end of this month, disappointing environmentalists while boosting demand for shares in the firms seen
      Reuters  -  592 words
    • Article, Illustration
      Lock icon Bank Negara sees growth topping 3.5%
      429 12  -  Optimism based on rise in consumption, regional trade Front Diana Oon Abdullah in Kuala Lumpur malayma this year is expected to post GDP growth above the official 3.5 per cent forecast, Bank Negara governor Zeti Akhtar said yesterday. "A revision will be made in
      AP  -  429 words
    • Article
      Lock icon China lets 14 foreign investors sell shares
      203 12 SHANGHAI Bloomberg GEORGE Soros, Pilkington pic and 12 other overseas investors will be allowed to sell or trade their shares in Chinese companies for the first time under a new trade ministry order. Mr Soros' American Aviation Ltd unit, which owns a 15
      Bloomberg  -  203 words
    • Article
      Lock icon Asian IPO outlook gloomy in 2002
      792 12 HONGKONG More deferments likely with poor secondary showing Reuters BILLIONS of dollars worth of new Asian share issues delayed since the end of last year will fail to make it to market in 2002 as the gloomy global outlook bashes down prices in secondary
      Reuters  -  792 words
    • Article
      Lock icon Taking small steps towards better S'pore-Indonesia ties
      747 12  -  COMMENTARY DPM Tan's recent low-key visit is an example of the kind of contacts that will help restore confidence on both sides From Shoeb Kagda in Jakarta WHEN Singapore's Deputy Prime Minister Tony Tan last visited Indonesia in 1997, the country was a
      747 words
    • Article
      Lock icon Taiwan to ease curbs on Chinese workers of foreign firms
      225 12 I TAIPEI AP TAIWAN plans to ease restrictions on the entry of Chinese professionals so they can work for foreign companies here, an official said on Tuesday. Currently, Taiwan only permits short visits by Chinese professionals, citing concerns for national
      AP  -  225 words
    • NOTE Book
      • Article
        Lock icon Ex-chief of Everbright Group on trial
        71 12 Reuters [BEIJING] A Chinese ex-banker booted from the ruling Communist Party last week for "vile" crimes is on trial in a Beijing court. The trial ofZhu Xiaohua, former chairman of Everbright Group, began on Tuesday, a court official said yesterday. Everbright Group controls China's
        Reuters  -  71 words
      • Article
        Lock icon Bank Negara rate formula unchanged
        82 12 Bloomberg [KUALA LUMPUR] Bank Negara Malaysia, the country's central bank, denied a Malaysian Business Times report it will change the method for setting domestic lending rates to lower borrowing costs. "We are not about to change the BLR framework as part of a policy to
        Bloomberg  -  82 words
      • Article
        Lock icon Indon council grills Manulife judges
        92 12 Xinhua IJAKAKTAJ The Judicial Council of Honour formed by the Jakarta Court of Appeal yesterday grilled three judges, who have been suspended on suspicion of accepting bribes to declare bankruptcy of the local unit of Canadian insurer Manulife. The three judges Hasan Basri, Kristi Purnamiwulan
        Xinhua  -  92 words
      • Article
        Lock icon Akbar makes final defence plea
        76 12 AFP [JAKARTA] Indonesian parliamentary speaker Akbar Tandjung yesterday made a final defence plea against charges that he misused a 40 billion rupiah (Ss9 million) fund intended to feed the poor. Akbar, who also heads the former ruling party Golkar, said it was "very strange" he
        AFP  -  76 words
      • Article
        Lock icon Thai Airways may delay sale again
        98 12 Reuters [BANGKOK] National carrier Thai Airways International said yesterday it had not decided whether to go ahead with a public share sale in October or wait until next year in the hope of better market conditions. The Thai government plans to reduce its ownership
        Reuters  -  98 words
      • Article
        Lock icon 7-Eleven plans 500 stores in Beijing
        68 12 Reuters [GUANGZHOU] US convenience store giant 7-Eleven Inc said yesterday it had chosen Taiwan's President Chain Store Corp and Seven-Eleven Japan Corp Ltd to open as many as 500 stores in Beijing. "Easily we could go up to 500 stores in five years," said
        Reuters  -  68 words
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  • WORLD news
    • Article
      Lock icon Japanese business activity slows in June
      171 13 TOKYO Reuters JAPANESE business activity slowed in June after picking up for most of the second quarter, a key government index showed yesterday, suggesting gross domestic product data next week will a show modest but fragile expansion. All-industry activity fell 0.1 per cent from
      Reuters  -  171 words
    • WORLD Watch
      • Article
        Lock icon Oil prices slide back from highs
        58 13 Reuters [LONDON] Oil prices retreated from 18-month highs yesterday as a surprise jump in US inventories left the market uncertain about the strength of recovery. Brent crude fell 30 US cents to U5526.80 per barrel by midday in London while US crude futures for
        Reuters  -  58 words
      • Article
        Lock icon AOL to buy out AT&T media venture
        69 13 Bloomberg, Reuters [NEW YORK] AOL Time Warner will pay AT&T US$3.6 billion in cash and stock, plus ownership in cable-television systems, to end their media venture and regain full ownership erf the Warner Bros film studio and HBO network. AT&T will get a
        Bloomberg,; Reuters  -  69 words
      • Article
        Lock icon Microsoft to cut stock options
        63 13 Bloomberg [TORONTO] Microsoft will likely "moderate" the number of employee stock options it grants as they aren't enough of an incentive, chairman Bill Gates said. "I think it's an exaggeration to say they line up the interests of the stockholder and the option holder," he
        Bloomberg  -  63 words
      • Article
        Lock icon Siemens to axe 1.300 more jobs
        40 13 AFP [MUNICH] Electronics giant Siemens plans to cut 1,300 more jobs in its ICN fixed telephone networks division on top of the 16,500 already announced. The division had total staff 0f50,000 at end-2001. —AFP
        AFP  -  40 words
      • Article
        Lock icon HSBC buys Mexican bank for US$1.1b
        37 13 Bloomberg [LONDON] HSBC Holdings, Europe's biggest bank by market value, agreed to buy Mexico's Grupo Financier© Bital for US$l.l4 billion in cash. The deal values Bital at about US$l.2O a share.—Bloomberg
        Bloomberg  -  37 words
      • Article
        Lock icon Nestle net jumps 79% to 5.6b francs
        40 13 AFP [VEVEY, Switzerland] Swiss food giant Nestle said yesterday that first-half net profit grew 79 per cent to 5.65 billion Swiss francs (556.6 billion) compared to the year-ago period, boosted by exceptionals. —AFP
        AFP  -  40 words
      • Article
        Lock icon Merrill sacks top analyst Caruso
        50 13 Bloomberg [NEW YORK] Merrill Lynch said it fired Peter Caruso, ranked No 1 among retail industry analysts by Institutional Investor magazine for the past five years, for violating the firm's policy on disclosing changes in profit estimates. Mr Caruso covered 20 companies including Home Depot.—Bloomberg
        Bloomberg  -  50 words
    • Article
      Lock icon Saudis fearing asset freeze take billions out of US: FT
      450 13 LONDON At least USs2oob repatriated; outflows could pick up AFP. FT SAUDI investors have repatriated tens of billions of dollars from the US because of concerns their assets might be frozen, the Financial Times has reported. According to Youssef Ibrahim,
      AFP.; FT  -  450 words
    • Article
      Lock icon US chipmakers' July book-to-bill falls to 1.16
      447 13  -  SINGAPORE Pnllb&ck due to expected reduction in chip firms' c&pex By Serena Ng AFTER rising for seven months in a row, orders for North America-based semiconductor equipment makers slipped in July from June, causing the book-to-bill ratio to fall to 1.16. Analysts said
      447 words
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      Lock icon Nasdaq Europe drops pan-European drive
      215 13 Reuters [BRUSSELS] Nasdaq Europe, the fledgling Brussels exchange owned by the US Nasdaq market has abandoned plans to create a pan-Europe-an exchange. "We are no longer striving for the creation of a pan-European stock exchange," Dirk Tirez, the exchange's legal director, told the Belgian daily
      Reuters  -  215 words
    • Article
      Lock icon Deutsche Telekom makes Q2 loss of 2.08b euros
      307 13 BONN Bloomberg DEUTSCHE Telekom AG posted a record quarterly loss and said it may sell its US wireless business. Europe's biggest phone company had a secondquarter loss of 2.08 billion euros (553.6 billion), compared with a profit of about 9 million euros
      Bloomberg  -  307 words
    • Article, Illustration
      Lock icon Ex-Enron executive to plead guilty and cooperate in probe
      277 14 NEW YORK NYT A FORMER Enron finance executive, long considered by federal officials as a crucial potential witness in the criminal inquiry into the company's collapse, has agreed to plead guilty to at least two felonies and cooperate with the investigation,
      NYT  -  277 words
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      Lock icon SEC says 16 firms' CEOs, CFOs did not certify results
      496 14 WASHINGTON They instead filed explanations or other forms of certification Reuters, Bloomberg SIXTEEN large US companies' top officers failed to certify the accuracy and completeness of past financial results by Aug 14, regulators said on Tuesday. In its first assessment
      Reuters,; Bloomberg; AFP FILE PHOTO  -  496 words
    • Article
      Lock icon World Bank looks beyond poverty reduction
      396 14  -  From J T»_ 1 Anthony Rowley in Tokyo IN what appears to be a major paradigm shift, the World Bank is broadening the focus of its attention from poverty reduction to the need for a more balanced global approach to development. In its annual
      396 words
  • Article
    Lock icon STOCKS ASIA
    5045 13 Transaction date:Aug 21 for more, go to imvwxisiaonenmarketsjcom HONG KONG Vd WO W- •MO Alpha General 4.02 unch 3120 Ananda Wing On JO.03 unch *****0 Angang New Steel H 1.02 0.02 8890 Anhui Conch H J.30 -0.08 310 Anhui Expressway H 147 unch 1004 Arcontech Corp .0.51 -0.02
    5,045 words
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  • Article
    Lock icon KLSE
    2605 14 Transaction date:A ug 21 KUALA LUMPUR v*i w- rot) A AM Realty .0.95 -0.01 5 Abric 1.53 0.02 22 ACPInduaries 3.16 -0.04 13 Advance Synergy .049 -0.01 110 Affin Holdings JOJJ 0.01 144 AhmadZakiRes 3-22 0.02 126 AlCCorp 500 0.02 120 AjkbeeRes. 1.19 unch 56 AKN Technology 5.70 -005
    2,605 words
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    Lock icon SGX
    588 14 Transaction date: A ug 21 W Cfcaa ttaaga 1 Qm> q—i I2J 0* 1750 *0010 13* 1.490 -0*10 OCBC Ml 10.900 *0.200 Otart SamCond 26c 1.10 2 600 *010 OUC 035 6 850 -OOSO J**®"*?* isJ -0.150 Parkway H 25c 036 0.815 *0005 £2*!" ,T2St 0.75 ***** -0.100 5GX
    588 words
  • Article
    Lock icon BONDS & WARRANTS
    638 14 BONDS WARRANTS taa Expiry Urt V«ICmw Exar Dfcc Mtfci nwMMh Pita U» AST1W*****1 17 -o.s 12 1 16 25 1.56 22 Acrrvj Ltd (MX 1116 15 I SO 636 4.67 27 AmtekW*****0 17.5 -0.5 36 1 33 3 1.34 34 Armstrong W*****0 15 1 10 109 3 67 21 Bar
    638 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      172 14 UKVPTIC CROSSWORD 28 L 29 Plant developed for manufac--30 its-go- 8 haunt an absolute YESTERDAY'S SOLUTION ing off the rails in captivity q h Across: 1 Apple-pie order, 10 when neuter (10) port where I canl find Eclipse. 11 Shampoo, 12 Taco. 14 A forward-looking professional Padre, 14 Bays, 17
      172 words
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  • BIZIT
    • Article
      Lock icon Pentium 4 2.8 GHz chip next week?
      143 15 Reuters [SAN FRANCISCO] Intel Corp will announce next week its fastest Pentium 4 processor yet, according to sources. On Monday, Intel will announce its P4 chip running at 2.8 GHz, putting it farther ahead of its chief rival Advanced Micro Devices (AMD) in
      Reuters  -  143 words
    • Article
      Lock icon Cisco buying switch maker
      396 15 Purchase of Andi&mo which makes data-storage switches may topUS&sb Bloomberg [SAN JOSE, California] Cisco Systems, the world's largest maker of networking gear, win exercise its option to buy closely held Andiamo Systems Inc for as much as US$2.5 billion in stock to add data-storage switches to
      Bloomberg  -  396 words
    • Article
      Lock icon Dell to sell PCs – sans its brandname
      174 15 Dell to sell PCs sans its brandname Bloomberg [AUSTIN, Texas] DeU Computer Corp, the world's sec-ond-largest PC maker, plans to seU low-cost PCs without the Dell brandname through smaU US dealers. DeU will begin selling the unbranded PCs this week starting at US$499 without a monitor to deal- ers often
      Bloomberg  -  174 words
    • IT TAKES
      • Article
        Lock icon IBM, HP in data storage tie-up
        72 15 Bloomberg l akmunk, New York] To compete better with EMC Corp, IBM Corp and Hewlett-Packard will swap software to allow information sharing on each other's data-storage devices. The move is an interim step pending completion of a more complex, industry-wide software, due to be
        Bloomberg  -  72 words
      • Article
        Lock icon AOL broadband on AT&T system
        67 15 Bloomberg [NEW YORK] AOL Time Warner's America Online unit will pay US$35-J4O per subscriber to sell a high-speed version of its Internet service on the combined Comcast and AT&T cable system, the Wall Street Journal reported, citing sources. The access deal is part of an
        Bloomberg  -  67 words
      • Article
        Lock icon Microsoft's new Office hire
        42 15 Bloomberg [REDMOND, Washington] Microsoft Corp has hired former Adobe Systems Inc vice president Joe Eschbach to lead the strategy for the division that makes the Office package of programme Mr Eschbach previously oversaw Adobe's Acrobat Reader programme. Bloomberg
        Bloomberg  -  42 words
      • Article
        Lock icon Dogs with mobile phones
        47 15 AP [HELSINKI, Finland] The wilds of the Finnish forests this fall will ring with the sounds of rifles as well as strange crackles. Hunters are hoping to track gamp better by strapping cell phones with tracking devices onto the backs of dogs. —AP
        AP  -  47 words
    • Article, Illustration
      Lock icon When pervasive becomes invasive
      722 16  -  ■1 i comment TECHNOLOGY What should be done about tech advances that blur the line between work and personal time? kenneth jamas LIKE many executives today, Alvin carries his work around with him. Up to now, this wired warrior's tools of choice have been a mobile
      722 words
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      Lock icon S'pore server sales surge 27% in Q2
      672 16  -  This was in stark contrast to most of the regional markets which saw big declines. Rqja Chell&m has the details of the Gartner reDort Raju Chellam STRONG demand from the finance and life sciences sectors helped make Singapore the fastest-growing market in the
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  • Article
    Lock icon SGX MAINBOARD
    4790 15 Transaction date:Aug 21 for live prices, log on to iiwm?£isiaonemarkets£orn 2* Laxt M Dm LatQaM* bH> H* GrYU MM t— U» ri«pn> i* W- fW| W# u» 8— Mhr Cw M $3 wto ABNAmroNLG S6c 9 12 34 1414 20.5 15 c ACt Dynamks20c 135 13 15.5 0.7
    4,790 words
  • Article
    Lock icon SGX XTRANET
    45 15 <—~ a a a.-; gra-a ***** 777*0 s Diamonds -.US89S0 5800 B»s ISDJUSTcdi UU480cd S75 440 s ISMSOSpor* USS7S naao «7o s iss«nao uswaooi ***** 8330 s tfORS U»X0cd ---.***** 1805 1480 c sn ETT 100 1S55 -5 1 1560 1S5S 1554 1560 I
    45 words
  • Article
    Lock icon SGX SESDAQ
    1433 15 «*"lL £2 J*, 07 MM MKk Mto| ■p imm n«m W- rww L— any 5«fcr Cm m >3 »3 24 12 ABRHIdgsSc 1U US IS MS 12 APOISc 1 S J| 5 us 14 3 515 27 5 c AS Auto 10c J1 unch 10 31 31 31S
    1,433 words
  • Article
    Lock icon CLOB INTERNATIONAL
    399 15 *o4 D*y LMQotU Grttv M> GrVM Net MCm t Ci1») W- 111 In Iff S*r Cm m s3 115 70 AVJenningi A25c A 94 -5 90 94 94 93.5 94 40 34 10.6 55 2023 Cjtftay Pac 20c HK. 720 265 2.1 7.4 6 *****.2 Cheung KangSOc HK
    399 words
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      229 16 Lianhe Zaobao I I Foreign I I banks I Ireadyto I I operateh I China I in a big way I I j"A WiyiQ Ift A Qn J Presented "'gr- Diners Club Credit Card ro W /v.™«.6416 0980 TTIICIC IU nlllCt UlllC 411U CIIICIUUIImi Mfniifßa A World of Exclusive Privileges
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      47 16 Sunset Rendezvous Dine in the glittering beauty of the golden sunset with our Sunset Menu! 1 31 August 2002 $45.. per person cjflfe available 6.30pm-7.30pm ID ItVOlflMf ItiturMt Ittli floor Reservations: 6831 6258/88 Mtuttkirin Singapore 333 Orchard Road. Singapore *****7 mT Tel: 6737 4411 Fax: 6732 2361
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      289 17 Reuters THE Baltic Dry Index was unchanged at 1,014, the Baltic Panamax gained four points to 1,013, the Baltic Handymax rose 16 points to 7,662, but the Baltic Capesize fell five points to 1,175. TXME-GHABTER: China Steel Growth (built 2002) 175,000 dwt delivery Hunsterston Aug 25 trip via
      Reuters  -  289 words
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      Lock icon MARITIME STOCKS
      264 17 NX *099 *gzi *h hi CWT Distribution 0.75 unch 0 ChoanMup 0.44 0.01 398 Coko Investment _0.20 -0.01 310 Frataht Links 0.05 -0.01 152 08 Holdings 0.74 unch 0 Jaya HoMtngs 0.23 unch 175 Kapp*ICorp 4.44 0.10 1016 K»op*l Marin* 0.16 -0.01 20 Kappal Tat* 1.02 unch 116
      264 words
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      Lock icon Shipboard security officers may soon be mandatory
      467 17  -  IMO expected to annoance new requirements for all commercial vessels in December By\ Beth Jinks [SINGAPORE] Shipowners and operators may soon face mandatory requirements to provide security officers on board all commercial vessels, a maritime training company has warned. Videotel chairman Len Holder
      US COAST GUARD  -  467 words
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      Lock icon MISC to borrow US$850m from Japan, other banks
      295 17 M'sian carrier plans to bny 6 LNG tankers Bloomberg [KUALA LUMPUR] Malaysia International Shipping Corp (MISC), the world's biggest owner of liquefied natural gas (LNG) carriers, plans to borrow about US$B5O million from Japan Bank for International Cooperation and other banks to
      Bloomberg; FILE PHOTO  -  295 words
    • Article
      Lock icon PSA, Evergreen discuss handling of remaining volumes
      271 17 [SINGAPORE] PSA Corporation is in talks with Evergreen Marine on how much throughput will be handled in Singapore just as the Taiwan shipping line moves the bulk of its operations to the Malaysian Port of Tanjung Pelepas (PTP). Evergreen earlier this year said
      271 words
    • Article
      Lock icon Sabah port privatisation gets govt approval
      196 17 [SINGAPORE] East Malaysia's Sabah state government has approved the proposed privatisation of the Sabah Ports Authority (SPA) and the seven ports under it, with the authority assuming the role of regula tor. Under the plan announced by the Infrastructure Development Ministry, the operations of
      196 words
    • Article
      Lock icon Singamas Container's H1 net profit soars 44%
      222 17  -  Selling prices np average 10% in second quarter By Beth Jinks [SINGAPORE] China's growing box throughput boosted the interim net profit of the world's second biggest container manufacturer, Singamas Container Holdings, by 44 per cent to US$5.l7 million. Container manufacturing accounts for 73
      222 words
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      Lock icon Bulker orders to pick up only next year
      647 18  -  MEWBUILDS 'By David Hughes ORDERING of dry bulkers is not likely to pick up until the end of 2003, according to the latest predictions from Drewry Shipping Consultants. Drewry's latest report, "Annual Dry Bulk Market Review and Forecast 2002", says that, although
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      119 18 PACE eu 6 rtangHM 6 CMACGM COSCO J Cniumhuj 5 9 Central Li 4 CAMSIIP9 5 t Coufir 5 i CWTCKrtwMr* 6 Dmh 4 Oooqiunvi 3 ia i Cwrfrten 4 foong Sun S ri«ttrw 6 Cftvrtfrti 4 HmqO 4 Hrund*! 4 HrunqA S 5 (you t KMTC
      119 words
    • Article
      Lock icon SHIPPING GUIDE
      10253 22 THEBUSINESSTIMES ThebusinessTimes EXPORT ■i.lJJJIJ,I.I.I.IJ.III..I.IJH. l U.IAI.[l]JllUJI*IJJ.U| II11II111 III*****1II1111 ETA ETA VMS* Voyaq* Telephone aw OwTii Mm Name Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvoira 30/0» 21/09 DUmis DELMAS BLOSSEVILLE 234* 65-*****144 02/09 07/B Kien Hung JUSTICE CONTAINER JC204S 65-*****133 01/09 Tl/B CMA CGM VILLE DC VIRGO RAW
      10,253 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        534 25 Voy No Berth Arrival Doparturi JWOIIS POtT J16 A/SI0€ 22/06/0600° MUTSUSHK) 4 J14/6 A/SIM 22/08/1930* THANH OA oa-ru J17 A/SIOE 22/06/0500" lanca hajcs 7 ja aa«c ?2/oe/*ocM n s n jo A/sot 22/08/6001 WORLD STA« 3 J25 A/SIOE 22/06/***** BAYSWATER* M2202 J2/3 22/06/*****0 22/08/***** 6AYSWATER226 E2202 J2/3 22/06/1700*0
        534 words
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        Lock icon CONTAINER SCHEDULES
        1403 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES 00 VMMl Out h M farthing lin- to* Voy V®y berthing Nn*r 00 N ACX MAAGUEJU 0075 0075 1_ **********0 *****07 1300 «awout Q4ut omi **********0 aawacwp 10 At FAXAHtOI C196t C19g 1 14.00 74C&7007 2100 C20W 1 MMMm iMD **********0 AfMMVAl W»
        1,403 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        170 25 AafM UK: Bank Holiday Aa«3l Malaysia: National Day Philippines: Nat Heroes Day Sep 2 United States: Labour Day. Vietnam: National. Sep 3 Canada: Labour Day. Sep 15 Japan: Respect-for-the-Aged Day. Sep 20 Korea: Harvest Day. Sep 21 Korea: Harvest Day. Taiwan: Mid-Autumn Festival. Sep 22 Hong Kong: Mid-Autumn
        170 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        795 25 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 based on average sized stem Market movements are indi cated The Cockett Bunker Price Index change
        795 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        478 25 *80 Mm 984.7 0J 15.9 0.09 38 0.03 *1" Pw"i «w*t AiliAEaMi Umm* No *om £25 0 0 2 0 0 0 »H/M 380*«« 983.5 0J 14.8 0.06 27 0.02 u/lr) «Mi 390 990.6 1.8 18.3 0.11 82 0.06 W ra A W Ho (bow 635
        478 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Qantas boosts profit, aims to raise A$800m in capital
        630 26 Net profits op 3% to As42Bm for year to Jane; new fands to be used for upgrading fleet AFP [SYDNEY] Australia's Qantas Airways yesterday confirmed its position as one of the world's most profitable airlines and announced plans to raise AsBoo
        AFP; Picture: Reuters  -  630 words
      • Article
        Lock icon Shanghai Air to add 5 aircraft this year
        210 26 Reuters [SHANGHAI] Shanghai Airlines, China's sixth largest carrier by traffic volume, will boost its fleet to 26 planes by adding five aircraft this year, a source close to the company said. The airline has bought a Boeing 737-800 jet and a Raytheon
        Reuters  -  210 words
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        Lock icon Vietnam Airlines plans to fly to Shanghai next year
        436 26 It also wants to expand network to Germany, England Bloomberg [HANOI] Vietnam Airlines plans to add flights to Shanghai next year as part of its expansion in China and wants to provide services to Germany and England in 2004, said an
        Bloomberg; AFP FILE PHOTO  -  436 words
      • LOG Book
        • Article
          Lock icon Lufthansa to cut some Denmark fares
          60 26 Bloomberg [COPENHAGEN] Lufthansa, Europe's No 2 airline, will cut fares by as much as one-third on selected flights from Denmark for tickets bought before Sept 16. The German airline is offering the discount on 43 destinations including New York, Barcelona, Spain, and Beirut, Lebanon,
          Bloomberg  -  60 words
        • Article
          Lock icon Cathay's request for China services
          71 26 [HONG KONG] A long-awaited formal application by Cathay Pacific Airways to resume mainland services from Chek Lap Kok is expected to be unveiled by the government for public consultation, the South China Morning Post reports. The paper said its application had been filed with the
          71 words
      • Article, Illustration
        Lock icon A380 will meet targeted operating costs: Airbus
        238 26 Bloomberg [TOULOUSE] Airbus SAS said its 550-seat A3BO airplane will meet promised targets of operating costs 15 per cent to 20 per cent lower than Boeing Co's 747 aircraft when the jetliner begins service in late 2006. The European planemaker made the comment
        Bloomberg; FILE PHOTO  -  238 words
      • Article
        Lock icon Continental Air cuts planes, adds fees to stem losses
        495 26 Customers can expect more roles and charges Bloomberg [HOUSTON] Continental Airlines Inc said it will eliminate more airplanes, add fees to low-fare tickets for some services and make about 100 other changes to save more than US$35O million a year. Customers
        Bloomberg  -  495 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1695 26 ott ruarr oa mw no M7381 1840 M7382 2215 w tm a Amtwlaa S035 OtH 6*974 0130 M.837 1510 KL838 2225 S024 2345 an —ow» wait moo AtkMi SO347 0550 A»rtU«8 IH98T7 1900 IM98* 2020 «23 1900 NZ24 2020 S***** 1900 S***** 2020 N***** 2045 N*****
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  • Page 17 Advertisements
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      432 18 1 NORTH AMERICA 1 QULF/INDIA SUB-CONTINENT [SUPER SHUTTLE EXPRESS (SSX) QULF KARACHI EXPRESS (OKX) wssa I vot iti T'ii m I vot I jia mi w 00Q AMttKA 62W31 07/00 15/01 JTTM NBUOTO NOOM OX 14/00 15/00 17/01 "M/OO OCaCAUKCNU 04W32 14/00 01/00 03/00 ttO NDUOTD DAMMAM OX 21/00 22/00
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      55 18 WORLDGATE EXPRESS LINES PTE LTD AXA 180, C*cil Streat, #16-0304, Bangkok Bank Buikftng, S'por* *****6 mt Tel: *****911 Fax: Email: wgateombox2.slngnetcofn.sg WEBSITE: http://www worldgate com sg v Calcutta if Chlttagong COLOMBO 26/08 Karachi port loum 27/oe Bombay^^®M a rirfl<i CMrT^QOWQ/D^~^^ 1 mauiao karachi/lahore 23/08 VmS MADRAS^ANQALOFtE 24/08 Colombo CALCUTTA 25/08
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      597 18 Lines services represented by Members of (he Registry of Members of the Accredited Shipping Agents, S^P o Logistics Singapore Shipping Association Association ~|jj ULY UNE MALI /vISSCL VOY ETA fU ETA P. KLAH6 STOtt Mm Princess Lity 0702 01/09 02/09 10/09 Empress Lily 0602 20/09 21/09 30/09 Princess lily 0802
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      779 19 TO USA (SAX SERVICE) ¥**511. VOY SIN ETA LAX OAK DAI HOU ON COt MM ATI NYC Aft CANADA 1071 20/00 12/09 16/09 16/09 16/09 14/09 17/0* 16/09 11/19 11/09 API SCOTIAND 1111 04/09 19/09 13/09 23/09 23/09 23/09 24/09 23/09 25/09 25/09 Anaptwt "3t "/W 26/09 30/09 30/09 30/09
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      Lock icon Page 19 Advertisements Column 2
      1321 19 mm.9mkmSmWm dirict cm TO j COSTAR SNIPPING PTE LTD ESM» SK!® 1 a mm^ 0) HJM I RAM® AR MMI -12 MB jomrsoma: COHVT*TKWA. HSHIi/ti I COSttI AfiOKKS SM M TO: 07 ISttIM UVWNN ,SC MMSJIS/71 V^ iufau/m 5.5." 1 041 M w rn. CM Jwiiu MOO/Oil 73/W 70/W 30/01
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      520 19 VPA fflL_ JUL JML MKS PUS ShA |MK VtSSB VOY 5« SXG JOT HUI6AIHMM MQS3 2V» 27/1 78/1 3/7 S/> 7/7 ULA BHUM RE 7471 777* 717T~ WmiHUM WOW 30/1 3/7 4/7 10/7 12/1 14/1 UUIHUM 270S "UTT" 3/7 G MT iwUM wots 4/7 10/1 11/1 17/> !7/» 21/7 UUIHUM
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      658 20 HMNW^ HYUNDAI MERCHANT MARINE CO., LTD. Q NO. *****H0000H ivcsa W in sow mr mm\ m llwssa voT|x«|mi|tTo|;yn[wl«v TT ITT GBOAI 330W 10/ M 10/00 04/01 04/00 01/00 MX «TI«tITT OOOW 01/01 03/01 M/ 07 10/07 70/00 w>tw n/oo ot/oo io/oo u/oo vim ioiw »/o; u/o; oi/oi n/oo NCIPMOHIY 001W
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      491 20 wan HA! i\m INTRODUCIN C.r NEW WEEKLY EXPRESS SERVICE >Aaaba MM Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 Asuoncs 1*7*55 SAtfO 13/00 25/00 iik/STI J«* tt/00 01/09 07/00 M/S I*o* l*/00 14/00 20/90 21/00 g/W !j/jj_ •>/!• mZUf** 6 HMBL tx/n 00/00 11/00 I*/00 M
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      640 20 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ WWI »0T im rjuwt com—o imm couxno row ww ws7w n m ]i m <MK ;mk lIMK amwwm rwwos ;mk our o*F umk i*ak KMB MICOI IJtS I4MK OMIT Sf li UK If MK UMiiM* om hmk lu»r
      640 words
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      1119 21 IVISStL VQY I KHH I HKO I SIN I Pitt I DXI I Ml I DMM —C M.V. UNDAVIA PCI-273 20/08 21/04 24/08 25/09 01/09 "*****~ "***** 08/09 MAN KERMAN Pa 274 27/08 28/08 31/08 01/09 08/09 09/09 13/09 15/09 MAN ISFAHAN PCI-275 03/09 04/09 07/09 08/09 15/09 16/09 20/09
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      600 21 UK CONTINENT SERVICE Loacftngfor PANDORA P RDM/ATW/BMNAJK/NAN MAKRA RDM/ATW/BMNAJK/NAN Loads Singapore. E7W. Matayaia. Indonesia MIDDLE-EAST SERVICE Loading for MARINE UNIVERSAL II DBI/ABU/DOH/BRN/DMM/KWT AFRICA DBI/ABU/DOH/BRN/DMM/KWT FATMA ANA ADN/JDH/AQA/TRP HANDY ASPERANCE JDH/AQA EXPLORER S DBI/ABU/DOH/BRN/DMM/KWT *Loeds Singapore, E7W. Mataysa. Indoneam USA SERVICE Loading tor MED INTEGRITY CAM/NFK/SAV/NOL YOU SHENG CAM/NFK/SAV/NOL NEW MARINER
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      566 21 MC UMM nSL ®3S *01 an «T rKiSSS UM tim am gcSSK SffH 1*42 wg -EiHEi on nm i\m g4g WTB— M£JBn i UM oi/w at/tm ggLJL i —ij£L- \T~ —ml— _m m M M BBflj ~g —=i!fg ga=: JSI m HB__ wssn vot aw w -ESff" W£- JUBtm M
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  • Page 22 Advertisements
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      102 22 L:^ KYOWA LINE jjg NWIMMBI*—■ Tby Kww IWi Maptl K»w> AlForohidi CI96E 24/08 05/09 11/09 12/09 Al Forofiidi CI96E 24/08 17/09 OMIT 27/09 29/09 30/09 AlForahidi CI96E ***** 17/09 *****" AlForohidi CI96E 24/08 15/09 24/09 25/09 27/09 29/09 Al Abdoli Cl97E** 31/08 "*****" OMIT 27/09 "***** 3MW AlAbdoli C197E"T1768 17/09
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      270 22 CWT GLOBEUNK PTE LTD X owNOFFicisiN TEL:*****833 (36 LINES) FAX:*****742 M T KILANG PAU* GUDANG KUCHING BANGKOK KABACHI BOMBAY SHANGHAI H CITY HA ***** "ANOI BKEMEN HAMBUBG TIANJIN OINGDAO SHANGHAI XIAMEN FUZHOU DALIAN XIAN BEIJING IHI JIA ZHUANG DIRECT SAILING TO: mmm suKOMMmtr MUMBAI (BOMBAY) ,a y wDELHI KOLCATTA (CALCUTTA)
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      15 22 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS SHIPPING TIMES
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      Lock icon Page 22 Advertisements Column 4
      245 22 ib BSA^ MYANMA five star une (HyMwr N«tiMd Um) VBSa VOT SM PU PBI PGU CHM SHWI HAW MW SU> PAGAN V3O6W It* M MALAYSIA: OOUSTIAO SHIPPING AGtIKKS KIIL 03-*****)00 PtL 03-317M101 Pllfc 04-*****02 BANK LINE (A Mfvkt Aadrtw W«r Shippi*)) VF NORTHBOUND TO EU«Ori~ V CONUMER. ROM), MIX t
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  • Page 25 Miscellaneous
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      Lock icon Page 25 Miscellaneous Column 1
      125 25 LEGEND lurrvi i K Thunderstorm A Showers yC\ ain T^^?h a,Ure W n< direction ar| d speed in knots Cloudy Day Wea,her W Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j J s "9 rt, > 1 2,11 I
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  • Page 26 Advertisements
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      51 26 Well established shipowners require: Suitable candidate should be responsible, hardworking and able to negotiate fixtures independently Good contacts with charterers especially in Asia/lndia/Middle East Region Please send your full resume indicating current and expected salary to cks@maritimeChain.com or by post to The Managing Director Tanjong Pagar P.O. Box 2 Singapore
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