The Business Times, 29 August 2002
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2002-08-29
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The Business Times
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Title Section18 2002-08-29 1 THE BUSINESS TIMES I— internet: http://business-times as.ia1 com sg SINGAP ORE THURSDAY, AUGUST 29, 2002 MITA (P) *****(200218 words
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Article77 2002-08-29 1 SR USHM (-4.58) ST INDEX FUTUBES 1404A0 (-3.00) SDEKS FUTUBES 18M0 (+0.360) STOCK HAUET DCDICES Wednesday Change KLSEOOMP ***** -4.01 NIKKEI 2» 9,71*73 -I4067 RANG SENG 10,13*26 tt37 SET INDEX 366 IS 601 JAKARTA COUP .***** 9119 MANILA COM? .1.109.11 I9J89 TAIPEI WPI 4.789.63 Wfl SE(H l( OMP77 words
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Article65 2002-08-29 1 F01EZ KATES US$ SI CSS (SS per CSS) 1.749 £(CSS/S$ per 1.533 2.681 ECRO(CS$/SS/E). 0581 1.716 YEN 118.6 67.80 RM UN 1172 HK$ 7.800 4.459 BAHT 4214 24.15 RCP1AH &883 5,078 PUKE BATES SINGAPORE* 515 KUALA LUMPUR 6.40 HONG KONG 5.126 JAKARTA 39.00 TAIPEI 6.625 TOKYO 1176 SEOUL 96665 words
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1007 2002-08-29 1 Siow Li Sen - Bat DBS still offers the cheapest deal among major mortgage lenders By\ Siow Li Sen [SINGAPORE] DBS slashed its mortgage rates yesterday to hit the market with the cheapest deal among major players, but it was perhaps HSBC that stole1,007 words
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839 2002-08-29 1 Lee Han Shih - ROCK LOCK SDBW By] Lee Han Shih "J —WW THE debate in Parliament in the last two days on government-linked companies (GLCs) has focused on many things, including whether they are efficient and whether they give Singapore an edge. But these are side issues. Temasek's839 words
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961 2002-08-29 1 Chuang Peck Ming - Mr Lee rebuts critics, saying GLCs have key role in S'pore's growth By i Chuang Peck Ming [SINGAPORE] In a thorough and robust defence of government-linked companies (GLCs), Deputy Prime Minister Lee Hsien Loong maintained in Parliament yesterday that GLCs have961 words
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Page 1 Advertisements
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Advertisement100 2002-08-29 1 DHBPB BizlT Kenneth James: Re-examine role of MNCs too. Back Page Online gaming set to take off here. Back Page Property Ghosts month losing stigma among buyers. Exec Suite Pg 0 Top stories Megawati steps in to defuse rising Jakarta-KL tensions. Next Page S&P downgrades SingTel's outlook to negative. Pg100 words
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Advertisement50 2002-08-29 1 W*- I Would You Pay ■hHßm| Almost Ssl Million For This Watch? It's just one of over 100 all-new timepieces featured in BT's Annual Watch Supplement tomorrow. Don't miss out on more than 50 pages discussin 9 over 50 brands of watches: ladies, gents, complicated, sports, new brands, and more.50 words
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Advertisement112 2002-08-29 1 B V LG A R I O I I \l I' <) l< A R V I I I I .1 I I |< s f 1 m c I) a i> o n it rnfcs i o ii a I I n c h y m c trie li112 words
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Advertisement17 2002-08-29 1 Extracts of speech, Pg 7 Other Parliament reports, Pg 6 Kenneth James: Re-examine role of MNCs too,Pg2o17 words
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NEXT page
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ON THE grapevine
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Article97 2002-08-29 2 DBS Group has experienced quite a shake-up in its management in recent months. And the latest word we hear is that Hong Kong-based William Hon, who was managing director at DBS Kwong On and an executive vice-president at Dao Heng Bank, is being transferred97 words
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Article94 2002-08-29 2 MEDIA relations at JTC Corp seem to have been shaken by the collapse of a fire-escape corridor at a JTC factory at Toa Payoh North. When reporters showed up at the appointed time of 6pm for a news conference yesterday, they were kept waiting and waiting.94 words
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Article152 2002-08-29 2 IN another sign that Hong Kong's economy may be going to the dogs, a local pet shop is renting out pooches by the week in a bid to bring in more business. Shop owner Danny Tam said his strategy of "rent first, buy later"152 words
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Article, Illustration696 2002-08-29 2 Shoeb Kagda - Investments could be hit if illegal workers dispute drags on: analysts Front Shoeb Kagda in Jakarta INDONESIAN President Megawati Sukarnoputri yesterday stepped in to defuse a growing diplomatic row between her country and neighbouring Malaysia over the latter's treatment of illegal workers.REUTERS - 696 words
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Article, Illustration515 2002-08-29 2 Tang Weng Fai - i exclusive Byl Tang Weng Fai [SINGAPORE] Singaporebased company Sovereign Ventures Pte Ltd said yesterday it has found oil and gas reserves in North Korea (DPRK), in the first onshore oil concession given to any foreign-owned firm. Ben Tan, executive vicepresident of515 words
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Page 2 Advertisements
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Advertisement566 2002-08-29 2 KPMGSeminarSeries Goods Services I n Wnilnliiiii 1 il 9.00 am to 5.00pm, Orchard Hotel Singapore fTjrUW- 1 What 1 rsT rate increase^ In our efforts to provide proactive, practical and seamless of KPMG Tax Services will continue to conduct our series ofWfl-Jay GSI workshops. These very popular two-day workshops provide566 words
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SINGAPORE companies
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385 2002-08-29 3 Angela Tan - It cites firm's weaker financi&ls, keener rivalry from StarHub-SCV Byi Angela Tan CREDIT rating agency Standard Poor's yesterday downgraded Singapore Telecom's outlook to "negative" from "stable" on concerns of keener rivalry from StarHub-SCV and the telco's weaker financials following its Asl4 billion385 words
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COMPANY Briefs
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Article76 2002-08-29 3 INNO-PACIFIC Holdings said its first-half net loss narrowed to $1.85 million from $5.15 million in the previous period. Turnover, which was solely contributed by Shakey's, was $3.1 million, a decrease of 16 per cent. The decline was attributed to lower royalties income because several franchise restaurants76 words
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Article94 2002-08-29 3 Reuters UNITED Engineers (UE) said net profit for the six months to June 30 doubled to $9.61 million from $4.72 million a year ago. Earnings per share rose to 4.70 cents from 2.30 cents. Turnover rose to $224.53 million from $197.63 million. It said the increaseReuters - 94 words
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70 2002-08-29 3 Reuters GOODPACK Ltd, a Singapore-based bulk container provider, yesterday reported a 13 per cent rise in first-half net profit to $6.2 million due to higher demand for its products. The firm, in which SembCorp Logistics Ltd holds a 3 per cent stake, said it expectedReuters - 70 words
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155 2002-08-29 3 Reuters SINGAPORE-BASED disk drive components maker Magnecomp International Ltd yesterday posted a first-half net loss of $10.1 million due to lower shipments of suspension assemblies. Turnover rose 17 per cent to $104.3 million in the six months to June 30. The firm said it expectsReuters - 155 words
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97 2002-08-29 3 Reuters TRANSPAC Industrial said it slumped into a net loss in the six months to June 30 of $3.11 million from a net loss of $421,000 previously. Loss per share was 7.77 cents compared with earnings per share of 1.05 cents. Turnover was $614,000Reuters - 97 words
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80 2002-08-29 3 Reuters PENTEX-SCHWEIZER said net profit was down 75 per cent for the year to June 30 to $3.33 million. Earnings per share was 0.99 cent from 4.03 cents. Turnover fell to $115.14 million from $132.99 million. Final dividend was 0.55 cent per share from 0.8 cent.Reuters - 80 words
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Article72 2002-08-29 3 Reuters HEALTH Management International Ltd, a Singapore-based hospital management and consulting group, yesterday warned it would make a loss for the year to June 30. The firm, which operates a hospital in Singapore, said it expected to suffer a net loss due to reduced demandReuters - 72 words
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377 2002-08-29 3 Quak Hiang Whai - Byi Quak Hiang Whai SINGAPORE Press Holdings will inject up to another $40 million into its broadcasting arm, SPH Media Works, to help the loss-making unit ride out the current difficult market conditions. Announcing this yesterday, SPH executive chairman Lim Kim377 words
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247 2002-08-29 3 Donald Urquhart - By Donald Urquhart COSCO Investment, the Sin-gapore-listed arm of China's largest shipping group, announced a 98 per cent plunge in net profit to $182,000 for the first half of 2002. Citing foreign exchange losses, the group pointed to a weakening of the247 words
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Article, Illustration405 2002-08-29 3 David Boey - Connter falls to $1.70, its lowest since April 1999 By David Boey SINGAPORE Technologies Engineering shares fell 4 per cent to $1.70 yesterday a level not seen since April 1999 as investors dumped them after being spooked by three analysts' downgrades over two trading days.Source: Bloomberg - 405 words
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319 2002-08-29 3 Serena Ng - tty Serena Ng COMPUTER giant Hewlett Packard's ability to meet market expectations for its third quarter has reinforced expectations of a steady showing by Venture Corporation, which reports its interim results tomorrow. HP, which recently completed its acquisition of Compaq Computer Corp, reported319 words
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Article, Illustration394 2002-08-29 3 Serena Ng - By Serena Ng ECS Holdings, the Asia-Pa-cific IT services and product distribution arm of contract manufacturing giant Solectron Corp, yesterday posted flat interim profit of $6.2 million as a slowdown in its Singapore operations took the shine out of itsARTHUR LEE - 394 words
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389 2002-08-29 3 Conrad Raj - By l Conrad Raj HONG LEONG Asia's transformation from a building materials supplier to a Chi-na-play has brought immediate results the company returned to the black in the first six months of this year. The transformation came with the injection of three389 words
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279 2002-08-29 5 Rachel Ong - Group cites price cuts, production efficiency and lower effective tax rate By Rachel Ong PRICE cuts paid off for mainboard-listed People's Food Holdings as group turnover rose 14.3 per cent to 2.4 billion renminbi (SSSOS million) in the first279 words
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181 2002-08-29 5 SESDAQ-listed plastic injection mould tool maker Penton International last night issued a profit warning and said that its shares will be suspended from trading until further notice. The company said in a statement that two of its independent directors are in talks with181 words
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Article, Illustration346 2002-08-29 5 David Boey - By] David Boey MAINBOARD aspirant JMI International, which offers surface finishing services for plastic parts, said yesterday that proceeds from its initial public offer (IPO) should help it more than double its production capacity. JMl's IPO is expected to hit the marketARTHUR LEE - 346 words
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Page 3 Advertisements
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Advertisement10 2002-08-29 3 Editorial-DBS, Sing Tel SGX: time to move on, Pg 1210 words
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Advertisement87 2002-08-29 3 HP's Q3 profit meets market calls, Pg 18 THE MONETARY AUTHORITY OF SINGAPORE Results of auction of taxable book-entry Singapore Government Bonds to be issued on 2 Sep 2002 Tenor approx. 15 years Total Amount Allotted SGD 800,000,000 Amount Allotted to MAS nil Total Amount Applied SGD 1,416,957,000 Interest/Coupon Rate87 words
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SINGAPORE markets
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Article, Illustration315 2002-08-29 4 OTHER SINGAPORE INDICES Aug 28 VALUE CLOSE ■TWOS 179.00 -97.00 ■TCMN -*****.00 -72.00 ■Tl»4hylM -*****.00 -18.00 403.80 -1.66 SG Ebct 123.58 -1.81 SGEqaHMFla 1334.21 +0.19 SG Prop 401.90 *0.58 *Sa Singapore 207.63 -4.45 smsa Fvtervt 189.00 -0.30 blocks Volume 46.825.000 Ljnks island 10c 29.949.000 STEngglOc. 14.101.000 I? 1 14.018.000 Chart315 words
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Article, Illustration264 2002-08-29 4 Ven Sreenivasan - HOT STOCK/ WABRAMT By Ven Sreenivasan BETTER capacity utilisation rates helped precision plastic injection mould maker Fu Yu Manufacturing raise interim earnings 18.2 per cent to $6.5 million. Turnover rose 30 per cent to $128 million. But the stock has not264 words
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Article, Illustration760 2002-08-29 4 r. sivanithy - Better off at a casino l I comment STOCKS r. sivanithy CASINO (ka seeno, noun): "A place where people gamble (that is, risk money in the hope of winning more) by playing card games, roulette or slot machines. Alternative means of gambling include punting of Singapore stocks, particularly in the760 words
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Article, Illustration309 2002-08-29 4 larry wee - A$ refuses to weaken with greenback; Swiss franc finds renewed interest larry wee A SHARP fall in US consumer confidence sent the greenback reeling overnight, especially because bulls were wrong-sided earlier in the New York session by a jump in US durable goods orders. At theSource: Reuters; Source: Bridge, Reuters - 309 words
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Article3739 2002-08-29 4 UNIT TRUSTS FUNDS AMI Ainro Asset Mgt (S'porc) Star Europe Eqty!" o 665/ Star Europe Bd 1049* Star Europe Bal 0844/ Star Asian Tiger Eqty 0.715/ Star Asia Bond*. 1.261/ Star Asia Balanced 0.84/ Star Global Technology Fund!** 0.171/ Star Bhv Finance Japan Fund! 0.708/ Multi Strategy Fd 1/ Star3,739 words
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Page 5 Advertisements
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Advertisement481 2002-08-29 5 —THE straits trading company limited (Incorporated in Singapore) (a) The Directors have declared a first interim dividend of 2 cents per share (2001:2 cents), less Singapore income tax at 22%, in respect of the year ending 31st December 2002, payable on Bth October 2002 to shareholders on the share register481 words
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Advertisement804 2002-08-29 5 BALANCE SHEETS (UNAUDITED) AS AT 30TH JUNE 2002 GROUP COMPANY 30th June 31st December 30th June 31st December 2002 2001 2002 2001 (restated) Non-Current Assets 00 00 J 00 «00 Property, plant and equipment, net 160,372 180.408 1 657 1 690 Investment properties 782,980 307,719 49 290 4Q ?on Subsidiary804 words
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SINGAPORE news
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322 2002-08-29 6 Chuang Peck Ming - YESTERDAY DT PARLIAMENT Finance Ministry to issne guide which will include Yellow Pages rule: DPM By Chuang Peck Ming GUIDELINES will be issued to ensure statutory boards form only companies that serve a strategic role tied to their mission, according to Deputy322 words
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361 2002-08-29 6 Eugene Low - Parties have fall liberty to agree on their own roles By) Eugene Low AN international arbitration bill was introduced in Parliament on Tuesday by Law Minister S Jayakumar to clarify the law and provide certainty to the international arbitration community. International law firms had361 words
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Article151 2002-08-29 6 'We are not complaining about GLCs themselves perse. All of us have friends, relatives and constituents who work in GLCs. We are debating the fairness and benefits against the evils of government in business.' Leoof Born 800 (Biahan-Toa Payoh) 'Our Temaseklinked companies or GLCs, whilst they may151 words
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362 2002-08-29 6 David Boey - By David Boey WEAPONS enthusiasts will get a sneak preview of the firepower being developed for the Singapore Armed Forces (SAF) by Singapore's battle labs as well as a first-hand look at some newly acquired weapons at next month's Army Open362 words
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371 2002-08-29 6 Number hits 7,300: demand momentum continues JUST over 7,300 Central Provident Fund (CPF) mem bers applied to use their funds for private property purchases in the first half of this year, up a sharp 66 per cent from the same period371 words
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Article, Illustration300 2002-08-29 6 Eugene Low - on the economy inflation By] Eugene Low HOUSEHOLDS in the highest 20 per cent income group experienced the most deflation in the first half of this year, according to figures released yesterday by the Department of Statistics (DOS). The consumer priceSource: Dept of Statistics - 300 words
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Page 6 Advertisements
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Advertisement1758 2002-08-29 6 1800 289 8822 Eaudl rccruitsesph.com sg SUPERBOWL MOLDINGS LIMITED IMPORTANT NOTICE EXPIRY OF WARRANTS To: AJI holders of warrants (the "Warranto") to subscribe for new ordinary shares of 550.15 each in the capital of SuperSowl Holdings Limited (the "Company") expinng on 30 September 2002 at 5.00 p.m THIS IS AN1,758 words
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Advertisement298 2002-08-29 6 CONRELD MANUFACTUHMG PTE LTD (In Members' Voluntary Liquidation I NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap. 50 that a Final Meeting of the Members of the Company wi be hekl at 545 Orchard Road #10-06 Far East Shopping Centre, Singapore298 words
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GLC debate
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Article, Illustration3487 2002-08-29 7 We reproduce below extracts of yesterday's speech in Parliament by Deputy Prime Minister arid Finance Minister Lee Hsien Loong in the debate on the new Temasek Charter for government-linked companies (GLCs) THE value-added of Temasek companies ao counts for some 13 per cent of3,487 words
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EXECUTIVE suite
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301 2002-08-29 8 ANDREA TAN - MJI the block Increased activity in the new homes market has spilled over to the auction front, reports amdrea tam ANDREA TAN WITH a week left of the Hungry Ghosts month, auctioneers say the myth about house hunters avoiding property purchases during this "inauspicious301 words
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268 2002-08-29 8 Andrea Tan - By, Andrea Tan JTC Corp will pay a total of $1.4 million "goodwill" relief to 22 tenants affected by a fire-escape collapse at a Toa Payoh North factory. Each tenant will receive a one-off payment of between $17,300 for a 976 sq ft unit268 words
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Article, Illustration358 2002-08-29 8 Kalpana Rashiwala - Price to be maintained for second batch of 170 nnits By\ Kalpana Rashiwala ALLGREEN Properties will release this weekend another tower with 170 units at Kerrisdale, a 99-year leasehold condo in Beatty Road. It will maintain the average price of $480 psf at which358 words
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Article577 2002-08-29 8 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO OF' PRICE TENURE iTRffffigfffTfjfni LAUNCHED UNITS SOLD (Spsf) Blue Horizon FEO 5 West Coast Crescent 904-1,227 503 347 550 99-yr Korrisdafo AHgreen Prop 8 Beatty/Sturdee hd 990-2,787 170 120 480 99-yr Robertson 100 MCL Land 9 Martin Rd 678-1,561577 words
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Article, Illustration570 2002-08-29 8 Thien - IcMsliKgldsM l5g By*. Thien THE other day, as I was clearing scores of nuts which had fallen from our towering Betul Nut palm into a Spider Lily patch beneath, I harboured thoughts but just for a fleeting moment of growing the young seedlings which had germinatedPHOTOS BY THIEN - 570 words
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Advertisement117 2002-08-29 8 nrnfinliMili I L tsshtmg dimts to vortan nff.L... hi L« I OTTSnOff WVCR COnTHStVWC wf providing consultancy sarvfcat M on offshore strwctwa^ tWf cfpulii mi tncorporatiem in *1 1...1. M.tl■ I junwKTiwiS nCMMf British Virgin Islands Cayman Islands Bahamas BMMlUi|allSfl Mauritius Hongkong MBBE p Samoa Full nominee, management, corporate secretarial,117 words
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Advertisement57 2002-08-29 8 This is a fortnightly column on property auctions At Sorangoon Road FOR SALE BY PRIVATE TREATY 4g d 4-Storey comprises of Food Court. A Restaurant, Retail, Offices Retail and Billboards space for lease j «j Land Area appro* 5622 sq ft Gross Floor Area: approx *****5q ft Jl Auto-parking system57 words
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Advertisement47 2002-08-29 8 COMMCRCIAI 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 Buy It. la Seli h C.A.T.S. Find It.47 words
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Advertisement14 2002-08-29 8 Singapore Exchange Flexible sizes from Secured 44 months sub-lease term 6531 8669 6531 866614 words
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MAIL bag
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Article, Illustration328 2002-08-29 9 Toh Han Shih Beijing, China - Toh Han Shih Beijing, China AS a Singaporean living in China, I read with interest Prime Minister Goh Chok Tong's call for a bilingual Chinese elite in Singapore to engage a rising China. I agree with Mr Goh's call for more Singaporeans to engage China,CP GROUP - 328 words
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206 2002-08-29 9 Chia Hui Ping Singapore - Chia Hui Ping Singapore WONG Wei Kong's Hock Lock Siew column, "Room for a little caution in Boardroom" (BT, Aug 26), has spelt out the factors that should be taken into account when investing in Boardroom. I will bring up another relevant point.206 words
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235 2002-08-29 9 Denis Distant Singapore - Denis Distant Singapore I REFER to the letter "Goh Chee Wee's compensation basis" by Doreen Nah, company secretary of Comfort Group Ltd (Mailbag, Aug 23), in which she claims the record for time taken to pass all resolutions at235 words
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145 2002-08-29 9 Tan Chiew Koon Singapore - Tan Chiew Koon Singapore I REFER to your Hock Lock Siew column, "Look into capping directorships" (BT, Aug 27), by Angela Tan and agree with her. Unless there is a law, it is not realistic to expect changes in the short term. The old-boy145 words
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Article, Illustration143 2002-08-29 9 Tan Kok Tim, Singapore - Tan Kok Tim, Singapore I REFER to your report (BT, Aug 26) that Venture Corps VP 2020 colour label printer is a world-first, from which the company is expected to rake in a few hundred million dollars annually in sales. It deserves to win theFILE PHOTO - 143 words
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Page 9 Advertisements
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Advertisement285 2002-08-29 9 We we/come letters. E-mail us at btietterQsph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your fUtl name, address and telephone number, so we can verify it came from you. Please use temperate language, and285 words
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Advertisement27 2002-08-29 9 I Advertise in 1 A Win#, Din* It Entartoin Business Times I Contact Patrick Ang 6319 1284 I j or Amy Choo® 6319 1559 now. I Bivywj,27 words
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Advertisement49 2002-08-29 9 BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed ham, US Prime Rib of Beef and many more mouth-watering dishes to leave you spoilt for choke < Reservations: 6831 6271/72 S Mandarin Singapore J m <=s^ itWTHj 333 Orchard Road. Singapore *****7. Tel: 6737 4411 Fax: 6732 236149 words
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Advertisement176 2002-08-29 9 SPlßte Look no further than the award-winning Wah Lok Cantonese Restaurant, reputed for its traditional mooncakes. A household brand to numerous food connoisseurs, even a goddess will be impressed! Mooncake Price Description Per Pc Per Box of 6 Pes ote IT 20% discount to Lotus Paste 5.50 30.00 Diners, Maybank176 words
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Advertisement154 2002-08-29 10 i-' Wmwlssi' 11%. r. '^^-^-/S^rr-affylyy-' i*z JKHS 1 .<iMSS C^'sT? ■.>•" s.*£ WMMtßi^^S^g^^^^^^SHKfflWMßHKi^R'-■ < :>W' i m^^^i i^:^^fko%:m§*- -•.■*:>. asJRS i-^fvi.?^SF»S*MH®PsaPHBIMBaHH^»iS«?/■< *ex > < -*r- jr..' r t v ->. «r!PBjC v»- a re^w^ i TiMnr*r a,. Hfk ""S r V *4 "<■ r v*sT.f w > f ?\WppL t154 words
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Advertisement149 2002-08-29 11 sfpl ill a f sz r fer v -^-V M -1 3MHSh«£ •-■"-^r--ii SRw&" f«4 gf *f|: I y§ .^/-/^-^dlSrtßaißlßi^^^M^BM^^^^B j SSI W K a V" '^^MSHI^MI /MMm I Hi BA| Fi U 1 ~.ifx ■'i MMar^aßH^ l > f §o™*? af 1 f 2 *fp 5 i"'.'c%^w^^^h^^HH -,5- -J149 words
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EDITORIAL & opinion
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Article, Illustration743 2002-08-29 12 robert samuelson - ■i! 4 1 bottom line OPINION robert samuelson The Washington Post Writers Group THE Age of Inflation is ending the way it began: quietly. Along with the Cold War, the rise and fall of inflation has been a defining event ofThe Washington Post Writers Group - 743 words
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Article90 2002-08-29 12 Taxi drivers who behave in this way are traitors and should be lined up against the wall and shot This is the kind of treatment they deserve.' Abdul Kadir Sheikh Rufadr Malaysia's tourism minister, on cabbies who cheat tourists. There is no country I know of supporting90 words
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Article630 2002-08-29 12 EDITORIAL IT seems to have become fashionable to deride the efforts of three pillars of the stock market —DBS Bank, Singapore Telecom and the Singapore Exchange (SGX). DBS and Sing Tel are said to have overpaid for Dao Heng Bank and Optus, respectively, while SGX630 words
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Article, Illustration1432 2002-08-29 12 Kals Anandarajah - A new US law aims to deter corporate fraud better with its requirements for lawyers and protection for any whistle-blowing employees By\ Kals Anandarajah The writer is executive partner. Rajah Tann, and author of' Corporate Governance —A Practical Approach, 2001' (Butterworths Asia) THEREUTERS FILE PHOTO - 1,432 words
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Article667 2002-08-29 12 Thomas L Friedman - COMMENTARY It would be folly for US schools to stop nurturing different perspectives and freedom of thought By' Thomas L Friedman The writer is a New York Times columnist NYT THE ruckus being raised by conservative Christians over the University of North Carolina's decision to ask incomingNYT - 667 words
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Article, Illustration892 2002-08-29 13 JOSEPHINE KOH - Advertising Feature In jubilation of the 20th anniversary of the 2000 Series watch, TAG Heuer shares the gift of an ultimate dive experience with a group of celebrity clivers at Pulau Layang Layang in Sabah. Contributed by JOSEPHINE KOH It must be tough; literally, to be a892 words
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Article, Illustration281 2002-08-29 13 "The 2000 series is one of the most accomplished dive watches in terms of design," said Mangin. "It's very pure, simple and attractive. If you dream about a good design, this is it. There is nothing you can take out of this281 words
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Article, Illustration179 2002-08-29 13 With the help of the Royal Malaysian Navy, the 2000 series was subjected to a special series of tests under the most extreme conditions, to challenge the limits of the watch, and establish the reliability and quality required for a demanding sport like diving. Such179 words
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Page 13 Advertisements
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Advertisement7 2002-08-29 13 SPORT TIMELESSNESS rhat are of mcz j7 words
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REGIONAL news
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464 2002-08-29 14 Audrey Tan - Move to tackle problem of soaring bankruptcies FYOTTIi Audrey Tan in Hong Kong HONG Kong is proposing to relax privacy rules to allow banks to share more credit data, in an effort to tackle its problem of sky-rocketing bankruptcies. Yesterday,464 words
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Article, Illustration456 2002-08-29 14 Diana Oon Abdullah - From\ Diana Oon Abdullah in Kuala Lumpur THE Malaysian government is expected to raise petrol pump prices at the end of this week, reducing its fuel subsidies for the second time in four months. Market rumours have it that pumpFILE PHOTO - 456 words
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235 2002-08-29 14 KUALA LUMPUR Reuters MALAYSIAN mobile firm Technology Resources Industries (TRI) said yesterday it had asked its former chairman and two others to hand back a total of RM24.3 million (SSll.l million) that would otherwise hit profits. The country's No 2 cellular firm,Reuters - 235 words
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130 2002-08-29 14 JAKARTA Reuters THE Indonesian Bank Restructuring Agency (Ibra) said yesterday five investment banks had expressed interest in buying up to 51 per cent of Bank Danamon, the country's fifth largest bank. "Three investment banks from Indonesia, one from Singapore and one from HongReuters - 130 words
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NOTE Book
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Article55 2002-08-29 14 Bloomberg (HONG KONG] China Telecom Corp profit fell 64 per cent last year as the unit of the country's biggest fixed-line phone company took charges in preparation for a share sale to raise US$5 billion Profit dropped to HK$6.5 billion (Ssl.s billion) in 2001 fromBloomberg - 55 words
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Article67 2002-08-29 14 Reuters [JAKARTA] Indonesia's international call operator PT Indosat said yesterday its first half net profit fell 7.8 per cent from last year, due mainly to higher depreciation costs although foreign exchange gains helped soften the blow. Indosat said its net profit in the first halfReuters - 67 words
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Article90 2002-08-29 14 AFP [TAIPEI] China remained Taiwan's largest market in the first half of this year, absorbing 23.8 per cent of the island's total exports, official data showed yesterday. Taiwan recorded a surplus of U5511.29 billion with the mainland out of total trade of U5518.39 billion betweenAFP - 90 words
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65 2002-08-29 14 Reuters [BANGKOK] Thai Prime Minister Thaksin Shinawatra insisted yesterday that construction of a controversial gas pipeline from the Gulf of Thailand to Malaysia will go ahead despite opposition from environmentalists. Dr Thaksin said the 30 billion baht (Ssl.2 billion) pipeline and gas treatment projectReuters - 65 words
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109 2002-08-29 16 AP [BEIJING] Former Air China deputy chief of finance Yang Ning has been executed for embezzlement, a China court official said yesterday. Yang was convicted of stealing more than 26 million yuan (556.5 million), said the Supreme People's Court official. She would give onlyAP - 109 words
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Article, Illustration571 2002-08-29 16 Audrey Tan - It is against state subsidies for 29 km bridge linking HK to Macao and Fromi Audrey Tan in Hong Kong THE war of words between infrastructure tycoon Gordon Wu and Li Ka-shing's deputy. Canning Fok, has intensified, as Mr Li's Hutchison Whampoa said that it is571 words
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343 2002-08-29 16 KUALA LUMPUR MALAYSIA'S state-run asset manager said yesterday it expected to recover more than half of the RM51.88 billion (5523.9 billion) in bad loans it took over after Malaysia tipped into a financial crisis five years ago. Pengurusan Danaharta Nasional Bhd,343 words
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402 2002-08-29 16 Audrey Tan - He maintains he's innocent of Taiwan graft charge Fromi Audrey Tan in Hong Kong THE 87-year-old founder of Hong Kong's Lai Sun group of companies, Lim Por-yen, returned to Taiwan on Tuesday to file a final appeal, after an earlier402 words
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Article, Illustration906 2002-08-29 14 Transaction date:Aug2B DfTBEBAMMCatOgS KATES ——^^—5?—" i>t Yw 1 «> N» B tmt Sir If Kt Hmi HSS OJM 4JM 0.5H 4324 ***** 49.240 0157 4.657 2J07 U73 ***** 21.771 0.970 5H5 0129 EW 2140 OH? 0.554 ST 0,4 >"» tB 22 fS .m Ji ii? 1447 m 700 ion906 words
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Page 14 Advertisements
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Advertisement168 2002-08-29 14 BfiS&QH \Y Wuxi Boustead Industrial Park hatnill D»«4opr-» Lio«no, Hq *****70 Wo. *****78 Mutd by Ptannng Office \,-J ?~r2ojfj '<■ JL^tf :^^RsHraps T/fflHB j NOVOTEL MEANS BUSINESS Shanghai Novotel Atlantis Shanghai US$9l Beijing Novotel Peace Beijing USsBo** Beijing Novotel Xin Qiao Beijing US$BO" Shenzhen Novotel Watergate Shenzhen USs6B** Hong Kong168 words
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Advertisement36 2002-08-29 14 RTF^ITI I -Lianhe Zaobao I I Banks I lin talk with I Ihdb I I to lift its first I I right of I I possession I I I I tiSttßttii-iantt I ■!r \ri: J Billbiß36 words
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Page 15 Advertisements
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Advertisement713 2002-08-29 15 Remarkably unsuccessful inventions of our time. 2. The Trouser. 1 Belt-loops. In case someone invents Note the convenient absence of zips. <■ Smart crease, J to counterpoint the a puckish charm of js the exposed leg. H ■L Patent, among other, Trouser-cuff. less-attractive dangly-bits, Useful for storing coins, pending. keys713 words
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Article1560 2002-08-29 16 mom ruTUKES Aug 28 RIMER Fibre (Owing prion) tSS1(Sc«n»jAg) Dos* VotuM Open Wgfc Sett (tonnes) Interest S«P 02 155.75 Oct 02 155.50 Mo* 02 155.50 0*C 02 155.50 KS 3 (US cants/kg) Volume Open M*** Lew Sttt (tows) Interest Sp02 8875 850 Oct 02 90.00 87.75 87.75 1300 14251,560 words
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Page 16 Advertisements
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Advertisement361 2002-08-29 16 Call toil-free 1800 289 8822 GLASMET INDUSTRIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, that the final meeting of the members of the Company will be held at 2 Havelock Road, #07-07361 words
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Advertisement288 2002-08-29 16 SEAFOOD 98 PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF MEETING OF CREDITORS Notice is hereby given that pursuont to Section 296 of me Companies Act, Cap 50 that o Meeting of the Creditors of the abovenamed company will be held at 6 Shenton Way, DBS Building Tower I, Level288 words
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WORLD news
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457 2002-08-29 17 TOKYO Chief executives will have to vouch for financial statements Bloomberg ASIAN companies listed in the US must make chief executives vouch for financial statements filed in the US, according to the Securities and Exchange Commission. The SEC rules introducedBloomberg - 457 words
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239 2002-08-29 17 NEW YORK Reuters CALPERS, the largest US public pension fund, said on Tuesday its assets fell 8 per cent over the past year, dipping to their lowest level since 1998, but real estate holdings softened the bear market's blow. The California Public Employees' RetirementReuters - 239 words
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459 2002-08-29 17 Anna Teo - It cites sharp loss of consumer and business confidence; US growth estimate cnt to 2.4% from 19% Bui Anna Teo [SINGAPORE] Citing a sharp slowdown in the global economy in recent months, the Economist Intelligence Unit (EIU) has cut its forecasts of 2002459 words
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Article, Illustration348 2002-08-29 17 NEW YORK NYT, AFP BERNARD J Ebbers, the former chairman of WorldCom, received almost one million shares of stock in hot initial public offerings from Salomon Smith Barney over four years, according to documents released by a Congressional committee investigating the collapseNYT,; AFP; REUTERS - 348 words
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WORLD Watch
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77 2002-08-29 17 Bloomberg [AMSTERDAM] Royal Philips Electronics NV agreed to sell most of a unit that makes printed circuit boards to Jabil Circuit Inc of Florida for about 235 million euros (Ss4o3 million). Jabil Circuit signed a four-year 4 billion-euro contract to supply Philips with printedBloomberg - 77 words
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77 2002-08-29 17 Reuters [WASHINGTON] The US International Trade Commission on Tuesday dealt a blow to the US steel industry's bid for increased protection by voting to deny steep new anti-dumping duties on cold-rolled steel imports from Australia, Sweden, Japan, Thailand and India. The vote followsReuters - 77 words
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Article74 2002-08-29 17 NYT [NEW YORK] Enron shareholders announced on Tuesday that they had reached a tentative US$4O million settlement with Andersen Worldwide, the umbrella group for overseas accounting firms affiliated with Arthur Andersen. While the settlement, which still requires the approval of some of the parties involvedNYT - 74 words
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84 2002-08-29 17 Reuters [TOKYO] Japan's Osaka Securities Exchange would lower costs for listing on the Nasdaq Japan market as part of efforts to attract start-up firms in an overcrowded market after the exit of its US partner. The bourse said the Nasdaq Japan market, toReuters - 84 words
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Article, Illustration604 2002-08-29 18 Jennifer Lien - Bat sales dip due to weak enterprise, PC, services sectors From Jennifer Lien in Silicon Valley COMPUTER maker Hew-lett-Packard Co's thirdquarter results are in line with analysts' expectations, thanks to a relentless costcutting programme following its recent controversial merger with Compaq Computer. In the604 words
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281 2002-08-29 18 MELBOURNE Reuters AUSTRALIA'S largest telecoms group, Telstra Corp Ltd, laid the foundation for further Asian acquisitions yesterday but disappointed investors with lower than expected annual earnings and flat dividends. Telstra said its 2001-02 net profit fell 9.8 per cent to AReuters - 281 words
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408 2002-08-29 18 HOUSTON Successful sale would amount to liquidation of firm Reuters, NYT BANKRUPT Enron Corp put the bulk of its top assets up for sale on Tuesday, a move, if successful, that would dash its plans to rebuild as a stripped-down power andReuters,; NYT - 408 words
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167 2002-08-29 18 NEW YORK Bloomberg, Reuters THE Securities and Exchange Commission rejected a settlement proposal from troubled fibre-optic carrier Global Crossing Ltd. the Wall Street Journal reported yesterday. Under Global Crossing's offer, the firm would agree to cease and desist fraudulent practices without denyingBloomberg,; Reuters - 167 words
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Article5439 2002-08-29 17 i Transaction date:Aug 28 /for more, go to umrw.asiajonenmarketsjoorn HONG KONG w Alpha General 002 uncfi 4500 Ananda Wing On _.0.Q2 unch *****0 Angang New Steel H —0.97 -0.01 3688 Annm Conch H J -o.oe 146 Anhui Expressway H 1.70 0 02 856 ArcontecnCbip 0.47 0.01 340 Asia5,439 words
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Article2537 2002-08-29 18 Transaction date:Aug 28 KUALA LUMPUR v*i m *4- cm* A 4 M Realty .0.9* -0.06 15 AbrK 149 unch 9 ACT Industries .3.16 -0.04 24 Advance Synergy 0.47 -0.01 98 Affin Holdings .025 -001 110 Ahmad Zaki Res 3.18 -022 203 AIC Corp 4.96 -004 17 AikbeeRes 1.11 -0022,537 words
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Article715 2002-08-29 18 Transaction date:Aug2B a —'I ll 1 1 CMC 0 50 4.480 *0 .100 NMSt** 50c 0 37 17(0 -0010 CaptaUnd 1.35 1.400 *0020 OOC iM ***** *0100 Om\ SarraCond 2fc 102 2X0 -0070 OUt 0 55 '"0 -0150 CNyDttSOc 2 45 5 900 -0.050 Partway H 25c 035 0.7B0715 words
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Article617 2002-08-29 18 BONDS WARRANTS Prwm Expiry L«t Vol Con* Eur Dm Mtto c ««c- rwwih Wo 6iwl«| UK ASTIW*****1 175 unch 30 1 16 46 1.31 22 Aana Ltd WD411 K 13 1 50 636 4 67 27 Amtek W*****0 91 -2 235 1 33 2 U3 34 Armstrong W040S20 2 0.5617 words
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Page 18 Miscellaneous
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Miscellaneous212 2002-08-29 18 CRYPTIC CROSSWORD 28 Attr t^ e suc BNo mean poet? (7) YESTERDAY'S SOLUTION (7) Good native of a ptece in an- Across: 1 Stampeded, 9 CaDOWN cient Palestine (9) reer, 10 Formalise, 11 Yields, 12 1 Flighty creature has dispute 15 A chum accepts no end of Appeasing 13 Celtic212 words
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Article4662 2002-08-29 19 Transaction date:Aug 28 for live prices, log on to ivuwxtsiaoTiernarketsxxmi J2L -JJ"» 6rt)fc» Ho GrYld Met 88C* WUq W» UK Sale W- (T< «0i Um 8—r M» Cw m >3 ftg ABNAmroNLG 56c 12 34 1414 2*5 151 ACE Dynamics** 115 unch 176 11.5 11.5 11.5 12 04,662 words
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Article47 2002-08-29 19 £1.. a a a*'; srs-a 10J50 Tm s Diamonds US8960 MOO 910 i ISDJUSTcdi US34S0cd 575 440 s IS MSG Spore US555 SSS ***** 9870 s ISSAPSOO USIOiOOcfl ***** 8330 s SPDHS USHOIkd I I 1105 1480 ST1ETT100 15S0 »1 0 1550 1540 1540 155047 words
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Article1383 2002-08-29 19 T-r a w A jr 3 ■ana ks o c A?o!^ t>t 1> 17 s 5 14 74 jj 585 275 c AS Auto Ifc 2*5 -0.5 38 285 28 285 JO »J 51.5 20cA5T11fc 23 -OS 315 23 225 225 23 21 5 S'*"!**.- i ii ii1,383 words
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Article381 2002-08-29 19 Last Vol Day UctQwrt* GrtM• M« GrVM Hn ttCm «■>» W- HW to» D»yr Mhr Cm Hi till 115 K AVJenrmgs A2Sc A 94 -0.5 27 M S 94 94 9S 40 3 4 10.6 5.5 202J Cathay P* 20c MK 720 265 2.1 7 4 6 *****2381 words
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BIZIT
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296 2002-08-29 19 Shipments expected to drop 7.8% to l(L2m units from Q2 Bloomberg [TOKYO] Global shipments of large flat-panel displays will fall in Q3 2002 because demand for PCs, the biggest user of the displays, will slump, a market researcher said. Shipments of LCDs mea-Bloomberg - 296 words
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142 2002-08-29 19 Bloomberg [SEOUL] Samsung SDI Co, the world's second largest maker of CRT displays, said that it will begin making colour screens for mobile phones that don't require backlighting. It plans to take the lead in that emerging business. From this month, Samsung SDI will startBloomberg - 142 words
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157 2002-08-29 19 AP [NEW YORK) It's cheap to use and eliminates the hassle of mailing cheques, but online bill payment is still struggling for acceptance. Banks are daunted by the setup costs and the challenge of convincing consumers of the value of such systems. "TheAP - 157 words
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Article104 2002-08-29 19 Bloomberg [BRAMPTON, Ontario] Nortel Networks Corp said it will cut 7,000 more jobs, or 17 per cent of its staff, and Q3 revenue will miss forecasts because of a decline in spending on equipment by US phone companies. North America's secondbiggest maker of telephone gearBloomberg - 104 words
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IT TAKES
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Article89 2002-08-29 19 AFP [MANILA] South-east Asian telecoms ministers have decided to set up an early warning system to track down terrorists using computer networks to destablise the region. An Association of South-east Asian Nations (Asean) Network Security Coordination Council would be established to offer "protection of informationAFP - 89 words
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Article59 2002-08-29 19 Reuters [SAN FRANCISCO] The global market for computer servers shrank to US$lO.l billion in Q2 2002, from US$ll.6 billion in Q2 2001, said research house Gartner Dataquest. IBM led the pack with 29.6 per cent of the market revenue, followed by HP with 24.7Reuters - 59 words
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Article83 2002-08-29 19 Bloomberg [REDMOND, Washington] Microsoft Corp said it plans to distribute an update of the Windows XP operating system within 10 days as part of an effort to comply with the terms of an anti-trust agreement with the US Justice Department. Computer makers and end usersBloomberg - 83 words
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Article, Illustration535 2002-08-29 20 Leo Kee Chye - -^exclusive The sector is expected to grow at 73% a year between now and 2005: Frost Sullivan study Reports by] Leo Kee Chye THE jump in the number of broadband subscribers and the increasing availability of new games looks set to push Singapore's535 words
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Article222 2002-08-29 20 THE world's biggest online gaming competition will start here today, with the Singapore leg of the event being organised by IDA (Infocomm Development Authority of Singapore), Samsung Electronics and Lycos Asia Ltd. The World Cyber Games 2002 Singapore Championship will be held over the222 words
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Article, Illustration623 2002-08-29 20 kenneth james - iMicomment INFOTECH Clearer picture of multinationals vls-a-vls local firms could help avoid a GLC-type scenario kenneth james The writer is BT's Technology Editor AS debate rages over GLCs, TLCs and NLCs, let's not forget that other group of corporations that, perhaps no less equally, have623 words
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Page 20 Advertisements
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Advertisement365 2002-08-29 20 HP Bottom line focused The hp rp7410 server HP-UX Hi ranked #1 UNIX worldwide*! When you're putting your IT infrastructure in place, cost efficiency is as oJjH important as superior technology. The HP rp7410 server delivers both. Rom bottom up, it's been designed to deliver the lowest industry costs in365 words
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SHIPPING TIMES
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Article277 2002-08-29 21 Reuters THE Baltic Dry Index rose four points to 1,025, the Baltic Panamax gained eight to 1,029, the Baltic Handymax fell three points to 7,741, while the Baltic Capesize moved up three points to 1,183. Bartolomeu Dias (built 1990) 151,227 dwt 14L/15.28 on 50 0.1 delivery Shanghai AugReuters - 277 words
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Article260 2002-08-29 21 uuu k*2» a t* CWT Distribution 0.74 uncti 0 ChuanHup 0.44 -O.OI 2016 Coses Investment 0.19 -0.01 41 FreWit Links 0.05 unch 71 OB HoMfeMt 0.71 -0.01 S Jaya Holdings 0.24 unch 9S4 KeppelCocp 4.56 0.02 m7 Keppel Marine 0.16 unch 1075 Kappel TM LOO unch 2 Labroy260 words
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Article, Illustration620 2002-08-29 21 Donald Urquhart - Northport, Westport most strive to attract, retain shipping lines: M'sian DPM By Donald Urquhart [SINGAPORE] Malaysia's deputy prime minister has urged Port Klang's Northport and Westport container terminals to rise to the challenge of growing competitive pressures including that posed by Singapore. SpeakingFILE PHOTO - 620 words
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191 2002-08-29 21 S KoreaEU talks have little impact on shipyard shares Bloomberg [SEOUL] Officials from the European Union and South Korea are meeting for a second day in Seoul to discuss issues facing shipbuilders who need to secure higherpriced orders. The talks come just as the European Commission has said it wouldBloomberg - 191 words
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141 2002-08-29 21 (SINGAPORE) Sydney Ports' Glebe Island Motor Vehicle Terminal has been privatised in preparation for an expansion and upgrade. A joint venture between terminal and stevedorage giants P&O Ports and Patrick Corporation Australian Automotive Terminals (AAT) yesterday reached a 10-year lease, management and development agreement with141 words
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Article, Illustration290 2002-08-29 21 AFP (CHERBOURG,- France! The owner of a Norwegian chemical cargo vessel ordered into a French port after a deadly collision with a French trawler earlier this week admitted yesterday that the freighter was indeed involved in the accident. The Norwegian ship wasAFP; AP - 290 words
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405 2002-08-29 21 Beth Jinks - US probes allegations of TSA's discrimination against non-vessel-operating common carriers By] Beth Jinks [SINGAPORE] Sustained strong cargo volumes have prompted msuor container shipping lines, including Neptune Orient Lines' (NOL) APL, to extend the US$3OO peak season surcharge on containerised US imports from405 words
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328 2002-08-29 21 Bloomberg [SHANGHAI] China Ocean Shipping Co, the country's largest shipping company, will sell 2 billion yuan ($242 million) of bonds today to pay for eight new ships, giving local investors a rare chance to buy corporate debt. The 15-year bonds, ratedBloomberg - 328 words
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CHINA transport
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Article, Illustration678 2002-08-29 22 P T Bangsberg - A high-speed rail along the Yangtze will help boost development of China's interior, reports p TBangsberg P T Bangsberg CHINA plans further ambitious transport projects to link Shanghai, its commercial capital and largest port, with other vital economic centres on the coast and678 words
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Article92 2002-08-29 22 PACE Kit ft rt«QM« ft CMi COM 3 COSCO 3 Cold—m 5 > CtKralb 4 CMuSHM 5 8 Couq* S It CWUlateM 6 4 DongMiiM 3 ta 3 Ewvwe 4 foonqS* ft4ilr«nt f Hw*i Mruntfit Hmnq-A «IU Kim tang irm KMTC 8 Lner l*r*vK MOl Mfimj ncn92 words
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Article9832 2002-08-29 26 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone SIN pMfn Nffw Name Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvoire 09/09 01/10 Delmas FLORA DELMAS 235W 65-*****344 09/09 06/10 Kien Hung LIBERTY CONTAINER LC204S 65-*****133 09/09 18/10 CMA CGM PENINSULAR BAY I9GW 65-*****800 09/09 22/10 CtWnaShpg ASTA9,832 words
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SHIPS IN PORT
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Article589 2002-08-29 29 Voy No Berth Arrival Departure JURONG PORT BT KEN SAK 2 3AUG02 J1 A/SIDE 29/08 030C CITRA LINE 1 JB0805 J2 A/SIDE 29/08 0015 ETOFFSHORE2O 58/02 J11 A/SIDE 29/08 0630 GIADINH GD0201 J14/15 A/SIDE 29/08 0800 PANDORAP E401 J15/16 A/SIDE 29/08 2100 POE 2410 2708 J14 A/SIDE 29/08589 words
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Article1373 2002-08-29 29 CONTAINERS TERMINAL AMD VESSEL SCHEPUl VdMl Out In Ml IcrtMaf Un- I** *«y m iir*im Mm* MxmtMum com oem i nanm-irao ovoKamwo AOl WWB 067N 067N 1 30W*****700 30P>0007 1100 K16 OOT C197E 1 31/MOttBllOO *****002 7300 AIAMIATA1 10 WO 1 KUWWggiflO jaWTQOa 15QQ Km ah camp on1,373 words
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Article446 2002-08-29 29 tain *■<» PwtltT —ttf IwMw Si—it «Mftl »»A %M/» mt mJoZ ISO/Cmmc LMts Spec £25 991 10 B.0 0.10 80 010 »at 635 991 10 W.Q Q.B 80 0.10 Nortlwni Europe 90 Aw 976.1 02 10J 0.04 20 0.02 »0 Mai 9919 U 16.1 0.07 66446 words
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Article174 2002-08-29 29 Aug 31 Malaysia: National Day Philippines: Nat Heroes Day Sep 2 United States: Labour Day. Vietnam: National. Sep 3 Canada: Labour Day. Sep IS Japan: Respect-for-the-Aged Day Sep 20 Korea: Harvest Day. Sep 21 Korea: Harvest Day. Taiwan: M id-Aut Festival. Sep 22 Hong Kong: Mid-Aut Festival. Korea:174 words
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Article813 2002-08-29 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 based on average sued stem Market movements are indi cated The Cockett Bunker Price Index change813 words
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AIR & LAND transport
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Article, Illustration544 2002-08-29 30 No improvement expected soon after third year of loss Bloomberg [AUCKLAND] Air New Zealand's shares had their biggest intra-day drop in three months yesterday after the national carrier said earnings will not improve soon following its third year of losses. The airline'sBloomberg; REUTERS - 544 words
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Article, Illustration464 2002-08-29 30 Bloomberg [HONG KONG] China Eastern Airlines, the country's third biggest airline, expects to complete the purchase of aviation assets of Yunnan Airlines and China Northwest Airlines from their parents within 18 months. "We don't need two years, which is requiredBloomberg; AP - 464 words
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325 2002-08-29 30 Passengers given little information on situation by crew AP [LINTHICUM, Maryland] A fighter jet escorted a US Airways flight to BaltimoreWashington International Airport on Tuesday after a "miscommunication" officials said. The military jet was scrambled sent into the air quickly and escorted FlightAP - 325 words
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Article96 2002-08-29 30 AFP [BERLIN] TUI, Europe's leading tourism and travel group, is teaming up with German charter airline Germania to set up a new budget carrier, sources close to the negotiations said on Tuesday. A TUI spokesman declined to comment on the information. But he said that theAFP - 96 words
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432 2002-08-29 30 It hopes to replicate JV with parts maker ACM Bernama [KUALA LUMPUR] Boeing, the world's largest commercial aircraft manufacturer intends to replicate the success of its Malaysian joint venture, Asian Composites Manufacturing Sdn Bhd (ACM), by establishing similar partnership in other fields, says aBernama - 432 words
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377 2002-08-29 30 No fresh talks planned; possible strike from Sunday Reuters [SEATTLE] The union representing 26,000 Boeing Co machinists on Tuesday urged members to reject a final contract offer, setting up a possible strike that would shut down production at the world's No 1Reuters - 377 words
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Article2077 2002-08-29 30 on won n* won n» AMM* ur» «40 8*7382 226 um 9m w a Aasttrtta S035 0655 0*974 0U0 KI137 1510 *1838 2225 S024 2345 mm am mm ma oho AocklM LH9«T7 1900 LH9tM 2020 N223 1900 N224 2020 S***** 1900 S06M1 2020 N243M 2045 N243K2,077 words
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Page 21 Advertisements
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Advertisement18 2002-08-29 21 China Tastern In {)tjv Yunnan. PAGE2 n Northwest within (Uiw- 18 months BACK PAGE a [ij. i y18 words
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Page 22 Advertisements
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Advertisement430 2002-08-29 22 I NORTH AMERICA GULF/INDIA SUB-CONTINENT jSUPEB SHUTTLE EXPRESS (SSX) WW KARACHI ITF—i (QKX) vpsa vor igo pig vot pao ""^5"""""" OOQ CAUFORMA MW» 14/01 01/09 ***** PM> NBUOTD DAMMAM OX 21/00 22/00 24/00 01/09 ssrj 0 iz zz »z w» "rum mamma m 29/00 M/ 09 10/10 u/w ASIA EAST430 words
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Advertisement45 2002-08-29 22 WORLDGATE EXPRESS LINES PTE LTD I ®°> Cecil Street, #IM3KM, Bangkok Bank ItiOrthiu, S*pore *****6 IPWT *****911 Fax: Email: w9ate@mbox2.singnetcom.sg WEBSITE: http://www. worldgate.com. sq Calfutfejf Chlttagong —2.™ Karachi port louis 29/08 Bombay wßrMadras chtooohomhaka KARACHI/L HORE 30/08 MADRAS/BANGALOfIE 31AM Colomwr ICALCUTTA 29/08J POrt LOUIS NHAVA SHEVA45 words
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Advertisement651 2002-08-29 22 Lines services represented by Members of the Registry of Members of the Accredited Shipping Agents, Singapore Logistics Ng Singapore Shipping Associotion Association I^ULYUNE-MAU /vissa vor eta ha "nT\ P. KiAWG SfOKE MAIJ Princess Lily Q7Q2 01/09 02/09 10/09 Empress Lily 0602 20/09 21/09 30/09 Princess Lily 0802 07/10 08/10 17/10651 words
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Page 23 Advertisements
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Advertisement719 2002-08-29 23 TO USA (SAX SERVICE) rostl VOY SINETA LAX OAK Mi HOU CHI CO! MM ATI NYC APISCOTIANP Mil 04/09 19/09 23/09 23/09 23/09 23/09 24/09 23/09 25/09 25/09 **SWEPEN H/W 24/09 30/09 30/09 30/09 30/09 01/10 30/09 02/10 02/10 AftttLG<u 1071 11/09 03/10 07/10 07/10 07/10 07/10 08/10 07/10 09/10719 words
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Advertisement1380 2002-08-29 23 DIRECT CALL TO COSUt SHipfMNC PTI LIB asAS, -SSSP ■"'ggl/g I «"WO 4 Mrs <£•— sss gggg I IMMIUIU 12MYS JONO® S OFFICE: (ONVUDOIUi umm /acji miim /n I (M) SO IMP TE: 07-*****44 HULI7-*****7f Mm* 1/ISO A *****23/73 I W IK W M Ml UOI NO IB m Urn1,380 words
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Advertisement457 2002-08-29 23 Jftl -I^—iic—flfi—sua—K_ vcsa voy sni sic jn mUMMUM B?0_ 307T 3/J 4/1 10/9 !2/» 14/> UUIHUH fft J7J Tj7t n71 «™M"« Jots_ J£_ Jo£_ 11/» MMM UUIKUM m~ \T*~ mm J4!LJZZ!_]I3: uuiiiui —38[tMcmmuM wo?i ?>/» ?yi a/> 2/10 4/10 4/10 uuihum 274s W iTio i7fir~ Sag^s! 1 EH NOUSUGULT I457 words
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Advertisement706 2002-08-29 24 HMN¥= HYUNDAI MERCHANT MARINE CO., LTD. |waa WT m sou ia rtm ant m» m |[yreii vot sow mi tw ant turn wv W BY GCNERAI U9W 19/01 10/09 04/09 04/09 01/09 MCH acnGtmr 00«W 07/01 03/01 71/*7 M/aa tfl AGATE 104W M/ 09 ,0/09 12/09 API.NDU 102W 79/" "l"706 words
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Advertisement544 2002-08-29 24 V® 1 WAN HA! UHSS INTRODUCING: I NEW WEEKLY EXPRESS SERVICE J MM Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or I *****588 cartas ovw iT/S oi/oo oi/oo n/09 12/09 u/oo 20/09 17M 27/09 25/09 01/10 03/10 I 09/10 *7/10 11/10 IS/10 I HfIMRW** 6 i/S M544 words
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Advertisement661 2002-08-29 24 m st®XTA* WEEKLY EXPRESS SAILING SCHEDULE also accepting to all northern wo western icq points msa VOT Ml PJOANG COUMMQ ASHEYA Colo—o row moot »sm wiui 31m 4am ~Tuk, lOU HIMtA miOOS 7AM OMIT OMIT 14 AM If AM •OMficS om~ MAUG m OST haug I?AM mwmiiwi oi3wr ham lujT661 words
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Advertisement1135 2002-08-29 25 [VESSEL VOY KHH HKO I SIN PKL DXB »AI DMM UK IRAN HERMAN PCI 274 27/08 28/08 31/08 01/09 08/09 09/09 13/09 IS/09 IRAN ISFAHAN PCI-275 03/09 04/09 07/09 08/09 15/09 16/09 20/09 22/09 IRAN HORMOZGAN PCL-276 10/09 11/09 14/09 15/09 22/09 23/09 27/09 29/09 IRAN TEHRAN PCL- 277 17/091,135 words
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Advertisement602 2002-08-29 25 UK CONTINENT SERVICE Loadngtar PANDORA P RDM/ATW/BMN/UK/NAN MAKRA RDM/ATW/BMNAJK/NAN Loads Srigapore, E/W. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for MARINE UNIVERSAL II DBl/ABU/DOH/BRN/DMM/KWT AFRICA DBl/ABU/DOH/BRN/DMM/KWT FATMA ANA ADN/JDH/AQA/TRP HANDY ASPERANCE JDH/AQA EXPLORER S DBl/ABU/DOH/BRN/DMM/KWT "Loads Singapore. E/W. Malaysia. Indonesia USA SERVICE Loadng for MED INTEGRITY CAM/NFK/SAV/NOL YOU SHENG CAM/NFK/SAV/NOL NEW MARINER602 words
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Advertisement682 2002-08-29 25 JBSfi *BI rn. MT PM lAMDA 07A48 irof OTOT Kf tatTm HIM ?1/W SS ot*m m/m i u* aiza 5M «;U~ m SIH atel Ss aTTa J£«= jg bb -sms sn ra iia n M/W I HOIA6AJU 111 72/04 26/04 jrn si FBI wssa VOT Sm m "Stiurii Kiium atz682 words
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Page 26 Advertisements
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Advertisement123 2002-08-29 26 LM KYOWA LINE Vol |¥»y Um Tap [Kttl Th* nLJ mrfui i Al Abdoli CI97E" 31/08 ***** OMIT 27/09 29/09 30/09 Al Abdoli Cl97E*' 31/08 17/09 30/09 1 A Abdoli CI97E" 31/08 ~*****" 25/09 26/09 Al Abdoli CI97E" 31/08 15/09 24/09 25/09 27/09 29/09 Al Mutanobbi CI9BE 07/09 ~T9709" 25/09123 words
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Advertisement304 2002-08-29 26 CWT GLOBELINK PTE LTD W OWN Of EKES IN TEL:622 ***** (36 LINES) FAX:*****742 m \.c>Zr!c,S. L ?2 U Nl tHAN< 0 T KILAMGnkm GUDANG KUCHING BANGKOK KARACHI BOMBAYt£rs2. tO HO CHI M,NH CITY -HAIPHONG-HANOI-Ml MEN HAMBURG TIANJIN QINGDAO m SHANGHAI XIAMEN FUZHOU OALIAN XIAN BEIJING SHI HA ZHUANG DIRECT304 words
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Advertisement14 2002-08-29 26 KEEP UPTO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS SHIPPING TIMES14 words
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Advertisement240 2002-08-29 26 BSA4 MYANMA FIVE STAR UNE (Mjtmv National Um) Vissa VOT SM m m KU OM SHWI HAW M W SU> PAGAN V3O4W SU> IN HAUTSIA. MMISTIAD SNIPPING AG€NCI(S «UL- 03-*****300 PU: 03 317*4101 PfN: 04-*****02 BANK LINE (A mrki of Aairtw Wtir Skipfiaf) vf" Norm BOUND TO EUROPE j V240 words
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Page 29 Miscellaneous
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Miscellaneous114 2002-08-29 29 K Thunderstorm A Showers X\ a n emperature &r~j Wind direction and speed in knots Cloudy Day weatner X Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds II 1 2,11 -J—-One half fleche represents 5 knots Moderate, 1.2 m 2.5114 words
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