The Business Times, 4 September 2002

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Microfilm: NL24725
Total Pages: 30
1 30 The Business Times
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  • Title Section
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    16 1 MTTA (P) 010/03/2002 850 THE BUSINESS TIMES SINGAPORE Internet http://business-times.asia 1 .com.sg WEDNESDAY. SEPTEMBER 4, 2002
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  • Article
    Lock icon MARKET SUMMARY
    73 1 □m MMJS (-5.76) Clwtmunvimaß 11 1,***** (-13.00) nSDDIXFOTQIES mm mm (-1.90) STOCK KABXET DOICES Tuesday Chance KLSE OOMP 711* -0.46 NIKKEI 226 *217.04 -304J9 HANG SENG 1,790.68 -106.30 SET INDEX MM -1.77 JAKABTA COUP -***** 1000 MANILA OOMP -1,#9&» -010 TAIPEI WPI 4,688.06 -66.62 SEOUL OOMP 740.69 -1L»
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  • Article
    Lock icon FINANCE
    66 1 FOBSSATES uss s$ USf (S$ per US$) 1.748 per 1716 EURO(USS/S$/E). 0.988 1.726 YEN 117.1 (710 KM 1800 2.174 HKI 7.800 4463 BAHT 4253 2416 KUPIAH 8338 5,086 PIED KATES SINGAPORE* 525 KUALA LUMPUR 6 *0 BONO KONG 5.126 JAKARTA ».00 TAIPEI 6.625 TOKYO 1.375 SEOUL 955 FRANKFURT 125
    66 words
  • Article
    Lock icon Court rules A&P revenue from tenants not taxable
    687 1  -  i Bugis Junction case may open way for landlords to save millions in tax By 1 Lee Han Shih [SINGAPORE] A landmark court judgement may save Singapore landlords millions of dollars in property tax if it opens the way for them to
    687 words
  • Article, Illustration
    Lock icon Print Institute's Tyler quits in a huff
    552 1  -  iiexclusive By Catherine Ong [SINGAPORE] Renowned American print-maker Ken Tyler has quit Singapore just three months after the launch of the Singapore Tyler Print Institute (STPI) a $16 million project aimed at making the Republic a regional hub for artistic prints. The New
    FILE PHOTO  -  552 words
  • Article
    Lock icon Study shows GLCs have done better than non-GLCs
    402 1  -  By Serena Ng [SINGAPORE] Listed government-linked companies have on average outperformed, or at least equalled, other companies in terms of profitability, efficiency and financial returns from 1990 to 2000, according to a study by two university professors. But GLCs have a lower
    402 words
  • Article
    Lock icon People's Park Centre unit owners in a bind
    1008 1  -  l Jiexclusive Issue of unpaid fees of MC chairman taken to minister Byk fori Anna Teo [SINGAPORE] The management corporations that run condominiums and commercial buildings are empowered to take action against property owners who default on their maintenance fees and sinking
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  • Article
    Lock icon Dow down 3% at noon as Intel dives
    114 1 Reuters [NEW YORK] Stocks sank at mid-morning yesterday, tossing major market gauges down more than 3 per cent, after anaemic growth in the manufacturing sector stirred up worries over the strength of the US economy. Chip giant Intel Corp fell almost 4
    Reuters  -  114 words
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  • NEXT page
    • Article
      Lock icon Abuse common as MCs exploit loopholes in law
      549 2  -  By Anna Teo [SINGAPORE] Problems of abuse within management corporations (MCs) seem to be more the norm than the exception, going by anecdotal evidence. And in many instances, the MCs get away with questionable or undesirable practices because of inadequacies in the
      549 words
    • Article
      Lock icon No progress made in latest Malaysia-S'pore talks
      656 2  -  M'sia backtracks on "package approach'it had agreed to earlier Byi Chuang Peck Ming [SINGAPORE] After two days of talks, Singapore and Malaysia are no closer to resolving a bilateral package of long-standing issues than they were at the start of the latest discussions.
      656 words
    • ON THE grapevine
      • Article
        Lock icon Finally—some dough
        103 2 UNLIKE many TV game shows around the world, one in Argentina does not offer holidays as prizes; quite the opposite. At the end of another recent edition of Recursos Humanos or Human Resources, it was announced that Juan Ramon Paz had beaten his fellow contestant Anhal Gonzales. Juan's
        103 words
      • Article
        Lock icon Lubricating luohan
        24 2 AT least one car-repair shop is offering the current craze in ornamental fish, the luohan (flower-horn cichlid), as a lure for customers.
        24 words
      • Article
        Lock icon Better squeezed
        43 2 THIS Is what the grapevine is all about. Men are likp a fine wine. They start out as grapes, and it's up to women to stomp the hell out of them until they turn into something acceptable to have dinner with.
        43 words
    • Article, Illustration
      Lock icon Tharman: outlook for the economy still uncertain
      629 2  -  But he gives ringing endorsement of S'pore's electronics industry By 1 David Boey [SINGAPORE] Fears of a double dip in the US economy may represent a "minority view", but uncertainty still clouds the Singapore economy's performance at least for the next few quarters,
      ZAOBAO  -  629 words
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      139 2 11, A |i c oyi \TB i«P KEm Bi <• ,> fry y-^j^ Mr y >"- *ifflfjjHfc 1 P? i f ,f v -V" t! r •.ffeyM?'|iMWpßfc* «u. ,—J o -^BMMBl^MfcJMß^ *jfcref <'<r* M )^^^^^Br^H^fs'J|r- '^B|B food specialty prepared by our guest Chef for a^llml^peri^^meT^ 0 Japanes€ Sushi? Teppanyaki? Tempura?
      139 words
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      6 2 M«nnf«during growth slowing down, Pg 7
      6 words
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      74 3 m HBB3&' 1 ■r-'i- -iii HH I m& y■ Xr :J;: v>4 B w js&jj^MHpj| HB^B Hp Bfl 4«4mH U W •MH II V MMk HI f I IH m m iw ikj Mg?jgjfc: trr I .!!^'iw jp jdH m H|w//R| v x fflMHMiSHHßniWHra^^^^H k 9 I Ready-to-wear, Shoes, Leather
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Chartered ADS slide 25% in New York trade to US$8.70
      429 4  -  Selldown partly driven by reaction to rights issue Byl David Boey CHARTERED Semiconductor Manufacturing's shares took a further beating when trading opened in New York on Tuesday following Monday's Labor Day break in the US. The stock fell to below
      Source: Bloomberg  -  429 words
    • COMPANY Briefs
      • Article
        Lock icon Teckwah's interim sales down 19%
        28 4 SESDAQ-LISTED Teckwah Industrial Corporation's half-year turnover fell 18.9 per cent to $50 J million and profit dipped 18 per cent to $2.5 million.
        28 words
      • Article
        Lock icon Stats names new senior execs
        38 4 Bloomberg CHIP-tester ST Assembly Test Services has hired Tae Suk Suh as chief operating officer and promoted Jeff Osmun to vice-president of worldwide sales and marketing. Executive vice-president Ong Eng Kian has resigned.—Bloomberg
        Bloomberg  -  38 words
      • Article
        Lock icon Higher profit for Super Coffeemix
        44 4 Reuters SUPER Coffeemix Manufacturing said net profit in the six months to June 30 was $3.19 million, up from $3.16 million. Earnings per share dipped to 0.81 cent from 0.90 cent. Turnover rose to $57.46 million from $55.72 million.—Reuters
        Reuters  -  44 words
      • Article
        Lock icon Dayen bags $62m PUB contract
        29 4 DAYEN Environmental has secured a $62 million contract from the Public Utilities Board to build two turbine generators for PUB'S Changi water reclamation plant
        29 words
      • Article
        Lock icon Narrower interim net loss for Nobel
        34 4 Reuters NOBEL Design's net loss in the six months to June 30 narrowed to $1.10 million, from $4.75 million. Turnover fell to $13.58 million from $15.11 million. Reuters
        Reuters  -  34 words
      • Article
        Lock icon Eastern Publishing's net falls 51%
        43 4 Reuters EASTERN Publishing said net profit was down 51 per cent in the six months to June 30 to $303,000. Earnings per share fell to 0.30 cent from 0.56 cent Turnover rose to $8.15 million from $7.62 million.—Reuters
        Reuters  -  43 words
    • Article
      Lock icon SMRT CEO quits for 'health reasons'
      281 4  -  Tibs head Tan Hup Foi will be acting CEO after Nov 28 Byi Christopher Tan BOEY Tak Hap, who left the helm at Singapore Power less than a year ago to become chief executive of SMRT Corp, is quitting his post "for personal and
      281 words
    • Article
      Lock icon Chuan Hup dividends amount to full-year profit
      378 4  -  By Serena Ng MARINE company Chuan Hup Holdings yesterday posted a 10 per cent rise in full-year net profit to $56.3 million, and said it will be distributing some $54.2 million 96 per cent of its earnings to shareholders by way of dividends.
      378 words
    • Article, Illustration
      Lock icon Anchor comes out with a trendy new look and flavour
      384 4  -  By mi Conrad Raj a udad j <x new ueer in town with a 70-year-old name, Anchor, from Asia Pacific Breweries. Gone is the familiar dark bottle. Instead, a refreshing new look comes in the form of a clear flint
      384 words
    • Article
      Lock icon Will M1 herald the return of big IPOs?
      702 4  -  locksiew wong wei kong JUST what the doctor ordered: A large, chunky IPO. And a successful offering by Ml could encourage other big issuers to tap the market sooner rather than later. Last week, MI, Singapore's secondlargest mobile phone operator, said it
      702 words
    • Article
      Lock icon CapitaLand optimistic about China market
      601 5  -  CEO says mid- to high-end properties will continue to be in demand From, Loh Hui Yin in Shanghai AMID signs of overheating in the Chinese property market and warning of a bubble, another Singapore developer has stepped forward to give its vote of confidence. Capita
      601 words
    • Article
      Lock icon United Food to monitor People's Food for HK listing
      345 5  -  By] Rachel Ong UNITED Food Holdings will monitor market reception to People's Food Holdings' potential listing in Hong Kong before it decides to take the plunge, director and vice-chairman Wang Tingbao said yesterday at an analysts' briefing for its half-year results.
      345 words
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      834 4 NOTICE OF ANNUAL GENERAL MEETING STamFOßDrmes (Incorporated in Singapore) IVEN l h a i th^ .Thirteenth Annual General Meeting of the shareholders of the Company will be held on Fridav 20 September 2002 at 4 p.m. at 19 Lok Yang Way Singapore *****5 to transact the following businesses:- V ORDINARY
      834 words
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      508 4 IN THt MATTER Of TH€ COMPANIES ACT. CAP 30 AND IN THE MATTER Of CUUKNT SJNGAPOM PTC. LID. (In Voluntary bqudofton) NOnCf Of SPECIAL AND OCOtNAKY KSOUiDONS [Pimm* to SKkon 290(2 Kb) Alon Ej*oon*nory Gmd MMtag oi Company dwwd to tw Wd on 23 Augurf 2001*. iofcwna tMeiutom RESOtVED AS
      508 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      272 6 OTHER SINGAPORE MOICES Sep 3 VALUE CLOSE ITOiat -825.00 -221.00 iTCW -*****.00 -101.00 WlMgl -*****.00 -83.00 389.60 -Q.56 fpJbiBMt 114.84 -1.60 WKwfti 1287.33 -4.87 MlpMnhip 393.49 -1.78 —iOW 181.31 -0.51 179.80 -1.90 CIHf%«2.Se.- ooo PNE Ind W*****8 *****,000 C»*t SmConducky 26c 21,172,000 BH inB US20c 17,360,000 Un»» UM 10c 16
      272 words
    • Article, Illustration
      Lock icon US$ in trouble despite good news at home
      827 6  -  longer view CURRENCIES Even bad news abroad does little to lift its fortunes; all eyes on Aug jobless figures on Friday larry wee MAYBE it's because the first anniversary of Sept 11 is around the corner? Maybe it's all the sabre-rat-tling about
      827 words
    • Article, Illustration
      Lock icon Intraday shorting, covering in vogue
      797 6  -  Icomment STOCKS r. sivanithy IT'S a pattern that's appearing with increasing regularity: after the Straits Times Index takes a big hit one day, short-covering lifts it the next but only for a short while before more selling pressure depresses it further. Such was the case
      797 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3107 6 UNIT TRUSTS FUNDS AM Amto Aaaet Mgt (S'pore) Star Europe Eqlyl* 062V Star Europe Bd 106V Star Europe Bal 0427/ Star Asian Tiger Eqty 1704/ Star Asu Bond 1.26V Star tea Balanced 082* Star Global Technology Fundi 0163/ Star Wry Finance Japan Fund!** 0.677/ Mutti Strategy Fd V Star Asia
    3,107 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Manufacturing growth slowing down
      610 7  -  on the economy manufacturing August PMI down IJS points as growth of orders, new export orders and output soften By rr*T v Eugene Low THE pace of the manufacturing sector's recovery is slowing, according to data from the latest Purchasing Managers' Index (PMI). As the growth
      Source: SFMM  -  610 words
    • Article
      Lock icon IBM, property giants in legal spat
      474 7  -  PROPERTY FOCUS Millions of dollars in claims filed over failed e-ventnre By\ Conrad Raj COMPUTER giant IBM and a company linked to two of Singapore's biggest property Firms are embroiled in a legal battle over multi-mil-lion dollar claims and counter-claims against one another. It
      474 words
    • Article
      Lock icon Park Green to be launched this weekend
      184 7 NTUC Choice Homes wiU release the Park Green executive condominium in Sengkang at $368 per square foot average this weekend. The $368 psf average, which is inclusive of stamp duty absorption, is 2.6 per cent lower than the $378 psf average of City
      184 words
    • Article
      Lock icon Sim Lian tops bids for Mt Faber condo site
      395 7  -  By 1 Kalpana Rashiwala IN another bullish tender result, Sim Lian group yesterday bid 46 per cent above reserve price to emerge as the top bidder for a 99-year leasehold condo parcel at the foot of Mount Faber. Its bid of
      395 words
    • Article
      Lock icon Non-US firms' execs may be exempt from new US law
      556 9  -  But it is unclear to what extent exemptions will be granted by SEC: lawyer By Siow Li Sen OFFICIALS of non-US companies may be exempted from the provisions of the Sarbanes-Oxley Act which came into effect last week, an American
      556 words
    • Article
      Lock icon Auction for President's Challenge
      169 9 FOUR horse sculptures are being auctioned by Singapore Press Holdings' Chinese newspapers to raise funds for charity in this year's President's Challenge. At a launch ceremony at the Paragon yesterday, President S R Nathan unveiled the sculptures, which will be on public display until Sept 9.
      169 words
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      Lock icon Page 7 Advertisements Column 1
      112 7 connecting technology 3-6 September 2002 Singapore Expo Hails a, 5 s 6 3 Sep 10.30 am 6.00pm ~5 Sep 10.00 am 6.00pm 6 Sep 10.00 am 4.00pm GIobaITRONICS 2002 is here again, to showcase the latest technology and product launches from all over the world, including first-time participating companies Hungary.
      112 words
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      65 7 A HBi -v* jH You never ,h «4s *s3rJr actually own a Patek Philippe. You merely look after it for the nf*t generation. compiicned by Patek Philippe The HourGlass B SINGAPORE TH£ HOC* GLASS Takath.may. SC T«l 4734 2420 Scorn SC T«l: 4235 719» lucky Plan 1W: 47J3 1242 MAIAVBA.
      65 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Greenspan refused to act on bubble
      750 8  -  «i:i=i 1 bottom line OPINION paul krugman The writer is a professor of economics at Princeton University NYT SOMEWHERE I read about a conference on optima] economic planning, some years before the fail of communism The Soviet delegate declared that his planning agency always
      NYT  -  750 words
    • Article
      Lock icon IN OTHER WORDS
      96 8 'We're going to be reliving it in such a way that newspapers can sell newspapers and networks can get ratings.' -MiMditStaitUMf an American TV producer, on the avalanche ofprogrammes about Sept 11 about to descend on the viewing public. 'He never took a penny for himself. He
      96 words
    • Article
      Lock icon High price of a war in Iraq
      624 8 EDITORIAL WITH war drums beating louder at the White House and the Pentagon this time with Iraq as the target —it must be hoped that cooler heads will eventually prevail President George W Bush is still said to be weighing his options. But
      624 words
    • Article, Illustration
      Lock icon Time for Asia to cash in on countertrade
      1283 8  -  Not appreciating the value of 'reciprocal arrangements', 'linked transactions', 'offset' and other trade-related terms can cost Asian corporations and governments dearly By David Hew The writer is an advocate and solicitor, and secretary-general ofAPCA (Asia Pacific Countertrade Association). APCA will be holding
      REUTERS  -  1,283 words
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      Lock icon Page 8 Advertisements Column 1
      168 8 Pan Pacific's 30th Anniversary Celebration rates in Malaysia for business or leisure Celebrate Pan Pacific Hotels and For reservations, please call the hotel direct. Resorts' 30th Anniversary until toll-free (Malaysia) 00-800-3396 3229 or 30 September 2002, with rates 1-800-801-833 or toll-free (Singapore) starting from only RMI7B. Charge 1 -800-3396-3329 or
      168 words
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      147 9 B. President's Challenge §§Horse Sculpture ram Charity Auction REACH OUT SinGfIPORE t0 reTu^ 8 f?o?ex ?ii Bearer Fortune H 59 cm vy jh^^hK I.Cloud-Riding King Steed j^EMHi||flV^^ 3 Jarlp Hnr p H49 cm (including base) H fin 1 Minimum Bid $5,000 m D Minimum Bid Sponsor: $5,000 uMuaoNonMio Kra you
      147 words
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      819 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Tajudin bought Daimler from TRI for RM1
      367 10 His brother Bistamam also paid TKI a token SMI for a 1997 Mercedes Benz E320 [KUALA LUMPUR] Tajudin Ramli, who recently received a controversial golden handshake from Technology Resources Industries (TRI), has bought a luxury car for a token RMI (510.46) from the
      NSTP  -  367 words
    • Article
      Lock icon Akbar won't step down even if convicted
      157 10 JAKARTA AFP THE speaker of Indonesia's Parliament said yesterday he would not step down if convicted at the end of his corruption trial. The Central Jakarta district court is due today to deliver its verdict on Akbar Tanjung, who is accused of misusing
      AFP  -  157 words
    • NOTE Book
      • Article
        Lock icon KL may raise tax on alcohol, tobacco
        78 10 AFP [KUALA LUMPUR] Prime Minister Mahathir Mohamad yesterday said Malaysia is considering higher taxes on tobacco and alcohol in the 2003 Budget. "We are still looking at this. The problem with increasing taxes for tobacco companies is that it (can) cause (an Increase
        AFP  -  78 words
      • Article
        Lock icon New chief named for Bernama
        45 10 Bernama [KUALA LUMPUR] Former journalist Kj»HmnH«h Hassan has been appointed the new chairman of the Malaysian news agency Bernama for a two-year term from Sept 1. Mr Kalimullah, 44, replaces Abdul Kadir Jasin whose term expired on Aug 81. Bernama
        Bernama  -  45 words
      • Article
        Lock icon Thai govt ups growth forecast to 4.5%
        63 10 Reuters IoANOKOK] Thailand s government yesterday said it expected the economy to expand 4.5 per cent in 2002 —higher than the latest finance ministry forecast of 4.0-4.25 per cent—and to achieve even higher growth next year. Thailand's finance ministry last month raised its
        Reuters  -  63 words
      • Article
        Lock icon Talks on developing Senai Airport
        95 10 Bloomberg [KUALA LUMPUR] Malaysia Airports Bhd is in taika with a closely held company to develop Senai Airport in Johor state into an air cargo hub. Talks are preliminary and Malaysia Airports, the sole operator of the country's 37 civilian airports, will make an announcement
        Bloomberg  -  95 words
      • Article
        Lock icon International air fares to go up
        50 10 Bernama [PUTRAJAYA] Air fares to all international destinations will be increased with effect from Sept 15, Transport Minister Ling Liong Sik said yesterday. He said the fare hike was consistent with the fare-regulating Market Development Programme and the rates would be decided later. —Bernama
        Bernama  -  50 words
      • Article
        Lock icon Hutchison to tie up with Time dotCom
        68 10 AFP [KUALA LUMPUR] Malaysia's cellular operator Time dot Com will sign a bilateral service agreement with Hutchison Global Communications to offer voice, data and multimedia services to multinational corporations in the country, officials said yesterday. "The agreement will enable Time dot Com to
        AFP  -  68 words
      • Article
        Lock icon Proton raises Lotus stake to 95.7%
        70 10 Bloomberg [KUALA LUMPUR] Perusahaan Otomobil Nasional Kid raised its stake in Lotus Group International to 96.7 per cent from 80 per cent after Lotus sold stock to current shareholders in a rights offer. Proton now owns 44 million shares in the UK luxury sports
        Bloomberg  -  70 words
    • Article
      Lock icon KL holds 4-day mega info-comm show
      298 10 KUALA LUMPUR It hopes to rival Singapore as tech event hnb MALAYSIA, which is hosting a four-day mega Information, Communications and Technology (ICT) show here this week, aims to rival Singapore as a info-comm event hub, the Malaysian Business Times said. The show, which
      298 words
    • Article
      Lock icon M'sia to launch indigenous microchip next month
      515 10 KUALA LUMPUR It tries to develop its own technology to beat China, India Reuters MALAYSIA will launch commercial production of its first locally-designed microchip by as early as next month in a bid to keep up with regional tech rivals China and India.
      Reuters  -  515 words
    • Article
      Lock icon AMD to relocate South Asia Pac HQ to Shanghai
      160 11 SINGAPORE Bloomberg ADVANCED Micro Devices Inc (AMD), the world's second biggest maker of personal computer processors, will relocate its South Asia Pacific headquarters to Shanghai, the latest in a string of companies that have been moving offices to China from Hong
      Bloomberg  -  160 words
    • Article, Illustration
      Lock icon Li Ka-shing picks up Cheung Kong shares
      433 11  -  HKssoom worth of purchases made after firm's interim results From< Audrey Tan in Hong Kong IN a show of confidence in his flagship company, Li Ka-shing last week spent over half a billion Hong Kong dollars buying shares and equity-linked notes of Cheung
      REUTERS  -  433 words
    • Article
      Lock icon HK property deals hit 10-mth low
      288 11 HONGKONG 23% drop in August stirs fears that real estate recovery not in sight Reuters THE number of property transactions registered in Hong Kong fell to its lowest level in 10 months in August, stoking fears that the territory's sluggish real estate market has
      Reuters  -  288 words
    • Article
      Lock icon Opposition mounts within Indian govt against asset sales
      429 11 NEW DELHI Bloomberg INDIA'S asset-sale programme is at risk of losing the momentum it gathered this year as opposition to the plan mounts within government with the approach of its most prized sell-offs of the year, analysts said. The government's Cabinet Committee
      Bloomberg  -  429 words
    • ASIA Notes
      • Article
        Lock icon HK may curtail sale of Tracker Fund
        91 11 Reuters [HONG KONG] The Hong Kong government's hopes of offloading remaining units In its Tracker Fund this year look to be dashed as [dunging stock prices will force it to curtail next month's sale of the fund, analysts said yesterday. Market players expect
        Reuters  -  91 words
      • Article
        Lock icon SCMP Group profit down 6.9% in H1
        67 11 Bloomberg [HONG KONG] SCMP Group Ltd (Holdings), publisher of Hong Kong's biggest Fjigiiah.Umgimg«> daily, said yesterday that first-half profit fell 6.9 per cent because of lower advertising sales. The 99-year-old publisher of the South China Morning Post said net income fell to HK186.1
        Bloomberg  -  67 words
      • Article
        Lock icon Stanchart may buy back shares
        91 11 Reuters [HONG KONG] Emerging markets specialist bank Standard Chartered may use proceeds from a Hong Kong stock sale to buy back its shares in London to prevent diluting the interests of existing shareholders, the bank said yesterday. Hie Hong Kong offering of shares, amounting to
        Reuters  -  91 words
      • Article
        Lock icon Yangon unfazed by kyat's plunge
        87 11 AFP [YANGON] Myanmar's military junta yesterday shrugged off the kyafs slide to record lows of 1,150 to the US dollar and denied rumours that Yangon is facing a severe rioe shortage. "This is no big deal... many countries regularly face currency fluctuations and Myanmar is
        AFP  -  87 words
      • Article
        Lock icon Taiwan's Quanta eyes global top spot
        66 11 Reuters [TAOYUAN, Taiwan] Quanta Storage Inc said yesterday that it expects to become the world's top producer of small CD and DVD drives for notebook computers in two years. Currently it is the workl No 3, trailing Japan's Matsushita and Toahlba. The newly listed
        Reuters  -  66 words
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      90 words
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      44 11 i-' 'V i iirifcii >%=2-i iJ, A ♦-> r v -JCll tffc~: j jinii rSfiMfcT^''?^k.->:.■: i r r; V,- v £7 g the road, even if you're not. m- ofi w;i/\ to help (If to ■-1 y < y( jt;r ,1!!< 11f Kif: I).\i\ii.i:kCiikysi i r
      44 words
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  • Article, Illustration
    Lock icon FINANCE
    992 12 Transaction date: Sept 3 DITBRBAME CROSS RATES q f» wi ym Wm m m N>n n» si—< wr m w ustr4fi 0 854 4 554 0 556 4 280 *294 ***** 0.645 6.589 2.015 1170 J2.555 ***** 0.959 5244 OUT ***** 23.174 0J53 0349 C4M* U70 1330 0.650 5.WO
    992 words
  • WORLD news
    • Article, Illustration
      Lock icon US loses another big WTO trade dispute
      610 12  -  Panel asks US to repeal damping and subsidy offset Act: trade sources By Ravi Kanth in Geneva THE United States suffered yet another setback when a World Trade Organization (WTO) dispute settlement panel rapped Washington on its knuckles for adopting grossly illegal anti-dumping
      610 words
    • Article
      Lock icon IBM plans to cut 4,000 jobs: report
      159 12 ARMONK, New York Bloomberg INTERNATIONAL Business Machines Corp, the world's biggest computer maker, will likely cut about 4,000 jobs as it completes its purchase of PricewaterhouseCoopers' consulting unit, the Wall Street Journal reported, citing people familiar with the matter. It has not been
      Bloomberg  -  159 words
    • Article, Illustration
      Lock icon Oil prices ease alter Iraq statement
      278 13 Reuters [LONDON] Oil prices lost ground yesterday as Iraq sought to avoid a possible military attack by the US and traders grappled with Organization of the Petroleum Exporting Countries (Opec) divisions ahead of a production policy meeting in September. International benchmark Brent for October
      Reuters; REUTERS  -  278 words
    • Article
      Lock icon Aug US manufacturing stalled: survey
      371 13 LATEST ITS INDICATORS Bloomberg. Reuters, AFP [WASHINGTON] US manufacturing stalled in August, as orders fell and production slowed, an industry survey showed. The Institute for Supply Management's factory index held at 50.5 last month, less than the 51.8 economists had expected. It was the seventh
      Bloomberg.; Reuters,; AFP  -  371 words
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      Lock icon Semiconductor sales rose 8% to US$11.7b in July: report
      393 13 SAN JOSE, California Purchases of consumer electronics behind moderate recovery Bloomberg, Reuters WORLDWIDE sales of semiconductors rose 8 per cent in July, the first year-on-year increase since February 2001, boosted by purchases of consumer electronics, an industry report said. Sales of
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    • WORLD Watch
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        Lock icon Japan travel agents lose 400b yen
        48 13 Bloomberg [TOKYO] Japan's travel agents lost a total of about 400 billion yen (515.9 billion) in sales to date from the Sept 11 attacks in the US, as travellers shied away from overseas trips, the Japan Association of Travel Agents said. Bloomberg
        Bloomberg  -  48 words
      • Article
        Lock icon Taipei firm to make Microsoft's Xbox
        66 13 Bloomberg [TAIPEI] Microsoft Corp said it hired a unit of Taiwan's Acer Inc to make the Xbox, seeking to cut costs and close the gap with market leaders Sony Corp and Nintendo Co. Wistron Corp, the manufacturing arm of Acer, will start making the
        Bloomberg  -  66 words
      • Article
        Lock icon Top US officers think Osama is dead
        111 13 AFP WASHINGTON] Top officers heading US military Special Operations units want to call off the hunt for Osama bin Laden, who they believe is dead, the New York Times reported yesterday, citing military and intelligence officials. It said some senior officers in the
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    • Article
      Lock icon Tokyo may shift funds to foreign firms
      260 14 TOKYO Bloomberg TOKYO'S government, concerned over Japan's wobbly banks, may shift some of its 1.7 trillion yen (Ss2s billion) in deposits from Mizuho Holdings Inc and other Japanese lenders to foreign rivals such as Citigroup Inc. "If the conditions are good, we'd do
      Bloomberg  -  260 words
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      Lock icon Nikkei plunges to 19-year low on recession fears
      567 14  -  Boosting fiscal spending seen as only way to prevent another contraction From 7U Anthony Rowley tn Tokyo TOKYO stock prices plunged to a 19-year low yesterday as more indications appeared that the Japanese economy is headed towards its third recession in five
      Source: Bloomberg  -  567 words
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      Lock icon EC gives nod for US$3b merger of Zomba and BMG
      436 15 BRUSSELS EC says merger won't change structure of EU mnsic market much Reuters ZOMBA Music, the record label of Britney Spears and 'N Sync, won European regulatory approval on Monday for its purchase by German giant Bertelsmann Music Group. The
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    Lock icon COMMODITIES
    1395 12 81C0M FUTURES sept. MJB8CR Fgtarn (dosing pricas) KSlacwtsfo) Ctoso Votano Opto |f* Sott (towm) hrttfst OctM 156.00 Mo* 02 <5600 OK 02 06.00 JWM«r03 157.50 ISS3(USc«toA0 VotaM Opt* W» iw Wt (towm) hrtomt WW 1350 *»02 89.25 1850 OK 02 89.00 2850 J*/*W03 89.50 89.00 89.00 300 ***** TSK20(U$cMtiAv)
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    Lock icon STOCKS ASIA
    3971 13 > Transaction date: Sep 3 for more, go to iimm'nsiaonertmarketsxom HONG KONG VM w- *o Afehafians* MS «7i tBOO Anmnwmgon 049 «ti 4B30 tamtoMH OJ6 002 2342 Affc Condi M 2J5 0.05 7*2 ANUtwwwrH 1-52 -002 1*29 VortRltCap 0.41 -005 KM AWeiel Telecom 1120 imh 91 ASM*d* IMS
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      257 13 IWC. Official supplier to men. We care for men: take the Bg Pilot's Watch, VMMfr for instance. With a case measuring 46.2 mm in diameter and weighing in at 150g. mechanical movement with Pelaton automatic winding system and a seven-day power reserve. Ftef. 5002 in stainless steel. Also available V
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    2339 14 Transaction date: Sep 3 KUALA LUMPUR Vai m nm ABMfteaIty 0.90 -0.07 1 Abric 132 -0.02 37 ACPkukotrm -.._.3.14 unch 18 AdnnceSmrgy 045 -O01 129 Affin Holdings .0.26 inch 12 Ahmad Zaki Res jjO -0.02 53 AlCCorp 434 -0.04 13 AikbeeRes 1.10 -0.02 70 AKN Technology 355 unch 15
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    Lock icon SGX
    507 14 Transaction date: Sep 3 i| w QM. amm 2*— il? ?3S 222 sr** 52 13. o5oiT5o? ,n- t JJi sS a01 g* -0D5C gar's. is is. sTr"" 3fc in* il2° US UJQ. 4U» SS^ki? 5 S2 «s« sr 1 fa-** *8 1ST 2S fS» ?2 +ff± ZLSy 1 -aoTo
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    Lock icon BONDS & WARRANTS
    577 14 BONDS WARRANTS ValC«w tarn *S *3& r "y'"l m» nmmm» Mm %tii'ih u» AST1VW***** ,75 -IK.,,* 21 AonaUdVMMim ,5 1 50 758 450 X AmtekWWWIO SI -5 450 1 33 ,40 33 AmWrong W*****0 1 1 K) 100 550 20 8ar6*SA*****, 10k ,04 unch 10 6ar 6 5*J*****0, 10k 0»««*W0210,5
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      141 14 Since 19~5 our worldwide staff of lift 273 multi-disciplined professionals jP T K including lawyers chartered accountants J Aw chartered secretaries and Dangers have M- provided confidential and cost effective company formation in all the major low I t.i* areas including Incorporation Fees from USSSOO The world's Full p,ohss<ona: after
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    Lock icon SGX MAINBOARD
    2117 15 Transaction date: Sep 3 for live prices, log on to wuwjaskumernarketsjmm 1 fii33£=g r i 43 £5 t m K\2&1S£l «ii ,J g? *1 J .Jt «jiu(iiuw< B M l» wi M ,i, 11 U3 aj UltoMtt I Si S i! c! 'i •••«<" »a.-ggy*—.» a i '"iJKSSSs—
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    Lock icon SGX XTRANET
    60 15 Miua CM mm* J5L Mh M» Ml w HCm «Ma t ?*•—±—rmm u» i- M. cw w >3 KB*) 77J0 l Dumontfc USaWO MOO J230 s ISDJUST«rh 95 *<0 s IS MSG Spar* USS55 11*0 *70 s ISSAPSOO USWMM ***** OX i VMS umoocd- iws i*oc snrrnoo m,,
    60 words
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    Lock icon SGX SESDAQ
    538 15 -r-r a .a ."..a*t g*Ti g'a-ia °!S!S!rr:!l, S? »i S »i B S 5 B 5 *s s:sss& s» r s s S SliESTt'* Si «5H5X5 Hi 27 1.7 in Si S .iss? y s 15< ISA HkfcmSr «h 35 1 13 1 «J W 73ciafc«rt4A2Bc. 73 T*
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    Lock icon CLOB INTERNATIONAL
    148 15 ■Sft— —i- w. J? .■J"— u Q r? W- u» Off Mhr Cw pg fcj ?L iS «3 *> SO »3 40 14 11.1 U 1B.7 265 il 74 i 243HJ Owing KangSOc MIC— 1780 j40 63 67 3 40M6S Oly* Sflfc^ionsli MK.. 55 300 2 7j6 3-6
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  • Page 15 Miscellaneous
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      202 15 CKVPTIC CROSSWORD s and down (6, 9) P 27 e r^ hOW th ng 00 (4) YESTERDAY'S SOLUTION "9** C 7) 7 HanJy inspiring! (4,5,6) Across- 1 rVwwcit DarJi~> a 28 Not lacking in inches, so 8 He's given a rod. not new (7) caper 10 pSSt™ «~(7) 13 Small
      202 words
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  • BT motoring
    • BUMPER to BUMPER
      • Article, Illustration
        Lock icon Ford pulls plug on electric car project
        59 16 FORD Motor has pulled the plug on its THINK electric car project because of poor demand, AFP reported. It will instead focus on fuel cell technology. Ford will terminate production of the low-speed battery car in Detroit by the end oftheyearandis discussing the
        59 words
      • Article
        Lock icon Toyota, Nissan to tie up on hybrids
        118 16 TOYOTA and Nissan will work closely together to develop hybrids, AP reported. Under a deal unveiled on Monday, Toyota will supply hybrid system components for Nissan models sold in the US starting in 2006, targeting 100,000 vehicles over a five-year period. Hybrid vehicles
        118 words
      • Article
        Lock icon More production woes for Daewoo
        150 16 SUPPLIERS of vehicle parts to South Korea's troubled Daewoo Motor have warned that they could extend a boycott unless the vehicle manufacturer and its creditors offer a wider proposal to pay debts, according to the Ftnandal Times. Um Ki Hwa, president ofDongyang Mechtronics and head
        150 words
      • Article
        Lock icon Earn Smiles points at Esso, Mobil
        125 16  -  GoanpOedby Christopher Tan CUSTOMERS of Mobil and Esso stations ran now earn loyalty points across the two brands—more than three years after the duo merged to form ExxonMobil. In a statement, ExxonMobil said it has sprat $35 million upgrading facilities at its 82 stations
        125 words
    • Article, Illustration
      Lock icon New Toyota sedan from Thailand
      495 16  -  -^exclusive Coden&med T-l, it is the export version of the company's first China-made car Al reports by Christopher Tan FORGET the Soluna. Toyota Motor will soon be making a modern and sophisticated sedan in Thailand for export to Asian markets, including Singapore. The car will
      495 words
    • Article, Illustration
      Lock icon Of Protons and parallel imports
      682 16  -  g comment MOTORiNC The Malaysian marque needs a reality check, while the grey importers are having one forced npon them. *«"< Hm fl) too christopher tan THE Singapore motor trade is full of little ironies. Last week, two developments made headlines: Cycle Carriage and Proton
      682 words
    • Article, Illustration
      Lock icon NCS group develops technology for new ERP system
      338 16 ti A TEAM led by National Computer Systems (NCS) d has developed a technology s that may be used for the a next generation electronic y road-pricing (ERP) system. s Using global positioning system (GPS) and 3G com- munications, NCS has come
      338 words
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      43 16 V q ky v V I p The allure of coloured contact lenses They are cool, funky and easily available over the counter. But you may just end up with red eyes. CLARA CHOW takes a closer look. T r ►In Lire tomorrow
      43 words
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      Lock icon Page 16 Advertisements Column 2
      78 16 For the latest open market value rates off passenger cars, go to http*y/a pp. internet gov.sg/»cripts/Ka/3_2_oMV^sp ALEXANDRA ROAD Industrial Property For Sale By Tender \°o\ Land area 8,876 sqm (approx 95,540 sq ft) yrs Clean Light Industry Car Bhumiwi cSZLoa, Ideal for motor-car A cJSSL showroom (subject to approval) 58m
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  • PERSONAL investment
    • Article, Illustration
      Lock icon Shareholder activity down with dip in selling
      889 17  -  markets Multi-Chem, 6K Goh repurchase shares; bnying seen in AsiatraveLcom, selling in Enersave By. Robert Halili The writer is managing director of Asia Insider THE local market continued to contract with the Straits Times Index ending at a 9-month low of 1,460.68 points
      889 words
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      Lock icon Pricing Power to the People
      872 17  -  Cheap Chinese exports are but a scapegoat for global deflation, which really follows from increased competition and globalisation, says MVID ROCHE DAVID ROCHE IHA VE lived on and ofF in Hong Kong for years and visit the mainland every month or so. Every visit confirms
      REUTERS  -  872 words
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      159 17 Where to wine, dine and entertain... wwwuhnersxonusg Kl laMtlll Dire ct Fy rr o m vniijp p i n e s 1 Performance nigbtty from 7pm THA onwards. except Sunday Special W Fashion Show for your treat U» for reservation* cal (66) *****136 Ss 1 5 Coleman Street. Singapore *****6
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      133 17 Ibrbes *ot valid with an> othrr dis I count, voucher or promotion/ Please present thisadver- I tisement before ordering. Tor dine-in only. How till 21 Sept. order any of our Md-Autumn Festival Sets from $*****- for 4 pox. or mr and I receive a complimentary box of mooootes. I Oasis
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      96 17 Mi—r Ala-Cute irtftt Be enticed by our Lobster, Shark s Fin, Seafood Dinner Ala-Carte Buffet! Indulge in over 55 items to choose from, our ala-carte buffet is a must-try at such reasonable prices! From 6.30pm to 9.30pm $28 Nett for Adult $16 Nett for Child (10 years and below) (Surcharge
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      127 17 Want to dine on our superb value-for-money set menus but can't make up a group of 10? You will be delighted with our Executive Set Menus specially designed for individuals and smaller groups. Ranging between $38 $78 per person. Available daily for both lunch and dinner. For reservations, please call
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      59 17 T 18 Aug-21 Sept'o2 Savour our new creations of 7-Star Assorted Mooncakes, Green Tea and Durian Mini Mooncakes. Hotline: 6737 4282 Fax: 6737 7334 Mandarin Singapore JWW I®® 333 Orchard Road, Singapore *****7. Tel: 6737 4411 Fax: 6732 2361 "Steamed abs Crab Feast Try any or all of oar delickNß
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  • EXECUTIVE money
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      Lock icon To fee or not to fee?
      1364 18  -  No-load, trail fees, bid-offer spreads, expense ratios... it's a jungle out there in investment-linked products. GENEVIEVE CUA goes in search of 'a good deal' GENEVIEVE CUA INSURANCE companies are launching more investment-linked structures with features akin to unit trusts. Trail fees, for instance, which
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      Lock icon Need not, want not
      876 18  -  -J l comment YOUR MONEY Is your adviser chalking up products that yon Mad, or fees that he M«ds? genevieve cua LAST month a retired insurance agent called me, after reading my column on children's insurance (Executive Money, Aug 7). The column expressed my confusion with
      876 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      214 19 Reuters THE Baltic Dry Index (BDI) rose three points to 1,089, the Baltic Panamax Index (BPI) gained five points to 1,060, the Baltic Handymax Index (BHD fell three points to 7,735 and the Baltic Capesize Index (BCD was up four points to 1,206. SG Enterprise—(built 1997)211,201 dwt delivery
      Reuters  -  214 words
    • Article
      Lock icon MARITIME STOCKS
      220 19 CWT DtstrtOuttoo —0.74 unch 3 Coscolnvoatmant 0.1a unch 7$ rrataMLM* 0.04 -0.01 MHoMnat 0.70 -0.02 13 J«V« Holdings 024 unch 47* KippilCofp 454 0J0 2332 MppaiManno a» aw 470 WiapllTH 0.99 -O.OI 74 Laaroy Marino 026 unch mo Mat dock 0.32 unch 0 HOC a71 -001 2929 PanUn*iJCorp
      220 words
    • Article, Illustration
      Lock icon Indonesia ready to free dredgers on bail
      534 19  -  50% of ship value and contents set as bail terms By Donald Urquhart [SINGAPORE] Indonesian authorities said they would release nine vessels accused of illegally dredging sand off Riau province for Singapore reclamation projects if their owners agree to post bail. The owners
      534 words
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      Lock icon P&0 ferry docks, launches probe
      286 19 Reuters [LONDON] A ferry that survived an engine room blaze limped into the Belgian harbour of Zeebrugge on Monday, safely discharging its 600 passengers, as the ferry company launched an inquiry into the cause of the fire. The P&O ferry Norsea caught fire at around
      Reuters; AFP  -  286 words
    • Article
      Lock icon Evergreen Marine posts NT$377m 1I loss
      250 19 Donald Urquhart [SINGAPORE] Taiwanese container shipping line Evergreen Marine Corp announced an after-tax loss of NTS 377 million (5519.2 million) in the first half of 2002, but remained confident of a full-year profit. The publicly traded arm of the Evergreen Group said the loss
      Donald Urquhart  -  250 words
    • Article, Illustration
      Lock icon Bunker fuel prices soar in S'pore
      495 19  -  July sales down 7.9% on steep falls in stocks By] Beth Jinks [SINGAPORE] Bunker fUel prices in Singapore have "shot up" in the past two months, leading to a 7.9 per cent fall in sales in July year on year, Maritime Port Authority of
      495 words
    • Article
      Lock icon Aussies tighten rules for shipping livestock
      173 19 AP [CANBERRA] Australia is imposing tougher rules on ships exporting livestock to the Arabian Gulf after it was revealed more than 14,000 sheep had died from heat stress in one month. Agriculture Minister Warren Truss said three companies were behind the July shipments, in
      AP  -  173 words
    • SHIPPING news
      • Article, Illustration
        Lock icon Leave maritime issues to IMO, not to regional blocs
        901 20  -  STRUT TALK -By\ David Hughes LAST week, an advertisement appeared for potentially the most powerful person at the International Maritime Organisation (IMO). Readers who may be interested in such an influential post need not waste their time applying; most will almost
        FILE PHOTO  -  901 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      166 20 PAQg M 10 >T»4IUj S ISA tSC 10 «n 10 CNACGM 3 COSCO 3 ttcMWQ 4 Chjhsyt 10 OmaS** 5 C«fcr to Ucowvt 5 JtcVTaotcft* 6 Dftau 4 Pwnwn 3 EFCjrrtm 10 ca 3 10 E9*Ums 9 !«fm 4 FmmqSw S I HfftUto 10 CoMrtraH 4 8
      166 words
    • Article
      Lock icon SHIPPING GUIDE
      15797 24 thebusinesstimes EXPORT tjM Mmm Nam* Number Numtwr illlllllilllllllWlllllllillllllllllllllllllllllllllOflMiMlllllfllMlflflMlllliMIWIIlillOlilllWlOiniiiimiiiinimMiiiiiiii To ABIDJAN (ABJ) 2003 Cot* D'lvoiro n/M nn cosco Manhattan bridge kmtw *****1*900 K/W 25/10 CMACGM ANL INDONESIA I90W ********** 11/09 29/» China Shpq ASTA RtCKMERS 0045W ********** T7/09 09/10 D««m« ELISA DELM AS 231W ********** 17/W 10/10 MOL PfcO
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        800 29 Vw* Voy No Berth Arrival Departure JURONG PORT COS FAIR ***** J16/17 A/SIDE 04/09 0130 K CEMENT2 01-Sep J23 A/SIDE 04/09 2359 PRINCESS Lit 702 J17 A/SIDE 04/09 2000 URANUS 1 18A/02 J7 A/SIDE 04/09 0600 AKBAR PUTRA JB0901 J2 04/09 0600 04/09 2359 ALIO ***** J16/17 04/09
        800 words
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        Lock icon CONTAINER SCHEDULES
        1962 29 CONTAINERS TERMINAL AND VESSEL SCHEDULES VhmI Owl In Mi (M- Ur* "5! 1 >IHMH| Wwfci Ml Ml 1 0*0*3002 2100 070*7002 1700 "t* M3N r 07/0X30M 1500 OMMBXMB *g w« con OPTS i owotooj ISOO bmko(&«« *l m/tamai cim cuk i ommmoomo anoum\too Aumwwa ii m i 0*0*2002-0700
        1,962 words
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        Lock icon GLOBAL HOLIDAYS
        166 29 Sep 3 Canada: Labour Day. Sap 15 Japan: RespectfortheAged Day. 8«p20 Korea: Harvest Day. Bep 21 Korea: Harvest Day. Taiwan: Mid Autumn Festival. Sep 22 Hong Kong: Mid-Autumn Festi val. Korea: Harvest Day. Sep 23 Japan: Autumnal Equinox Day. Oct 1 China: National Day. Hong Kong: National Day.
        166 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        815 29 THIS report compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on averagesued stem Market movements are indi cated The Cockett Bunker Price Index change and
        815 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        383 29 Catai WW »D> %MrfM »K> w J5 5ST5 *5 LO So OB K QJO "*K tJ5 W1 10 aj 0.B woe fan* 90 Wl OJ OM IH ■o mm *n» u hi oct m 0 41 totovwOS I I 4 MO tot «i U CI vW
        383 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Japan to probe price cut plan by three big airlines
        426 30 Watchdog will examine if the cuts by JAL, JASand ANA amount to unfair price-fixing AFP [TOKYO] Japan's anti-mo-nopoly watchdog said yesterday it was investigating airfare cuts by the country's three largest carriers to see if they amounted to unfair price-fixing.
        AFP  -  426 words
      • LOG Book
        • Article
          Lock icon Air NZ finalises MT Cook airport sale
          81 30 Reuters [WELLINGTON] National carrier Air New Zealand said yesterday that it had completed the sale of Mount Cook Airport in the South Island to a local company. Tourism Milford Ltd, which has interests in businesses ranging from the flamed Milford guided walk to
          Reuters  -  81 words
        • Article
          Lock icon Consolidated Freightways to close
          76 30 Bloomberg Iwa3miimutun] consolidated Freightways Corp, the third-biggest US trucker, said it js shutting down operations and would file for Chapter 11 bankruptcy, resulting inthetoesof about 15,500j0b5. More than 80 per cent of those workers will be laid off immediately, and the remainder will be "phased out,"
          Bloomberg  -  76 words
        • Article
          Lock icon Air China to form new group for IPO
          102 30 Reuters IoEUiNG] National carrier Air China plans to form a new group this month to prepare for a stock listing in Hong Kong, company sources said yesterday. But the company, which plans to merge with China National Aviation Corp (Group) and China
          Reuters  -  102 words
      • Article, Illustration
        Lock icon Sydney traffic to pick up soon: Macquarie Airports
        244 30 Bloomberg [SYDNEY] Macquarie Airports expects traffic to pick up at its Sydney airport after this month as air travel demand recovers from last year's terrorist attacks and Qantas Airways Ltd, its biggest airline customer, starts using gates at the terminal formerly used
        Bloomberg; AFP FILE PHOTO  -  244 words
      • Article
        Lock icon Recent acquisitions help CNAC post 6.5% increase in H1 profits
        485 30 Reuters [HONG KONG] China National Aviation Corp (CNAC) said on Monday first-half net profits rose 6.46 per cent thanks to contributions from recent acquisitions and forecast a better performance in the second half. The Hong Kong-listed firm, which owns 43
        Reuters  -  485 words
      • Article
        Lock icon Philippine airport terminal consortium rejects govt charges
        356 30 It says additional US$7.B4 in terminal fee was insisted on by govt AFP [MANILA] A German-led consortium building a new Manila airport terminal yesterday rejected government allegations that the group planned to charge passengers exorbitant fees. President Gloria Arroyo has ordered the US$4OO
        AFP  -  356 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1409 30 crnr ruem n* fucmt no MM* 11*771 IMS mm tmttrtm S023 0605 UUI 2225 6*975 #25 MP 1 fcam* umrr *oo u*o» tuo *223 1900 U24 2020 S0M02 1*00 S06W1 2020 U4306 2045 R***** ZXK am am am aw om a wo »*><■ «**046 015 «**047
        1,409 words
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      6 19 Bay It. Sell It. Find It.
      6 words
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      Lock icon Page 19 Advertisements Column 2
      49 19 Japan to probe price cut plan by three big amines BACKPAGE muippine airport terminal consortium refects §ovt charges BACK PMC STRAIT TALK Leave maritime issues to IMO M6E2 rp Op n Thinking about .e penetration, exposure, results? it it's about Singapore's maritime community, think A Sl 111'l'l > 11M ICS
      49 words
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      614 20 I tSXPOHT I I OTHER DEBT»a^— lmlmrl?iTl'T!r"lTrl'^l'^| tTO °°l'"^ir r ll ro *W»*WW»>u««>l»lia| OOauiKHM 4234 OVWIM/WI Ml Ml Ml 7VW Ml Ml EM JL-TfSf*Wh-' ?raVfirTM Miilt- .inf li Mil v OOQWTOH 75E37 IVW I 11/W I 27/W 11/11 01/IO 01/10 02/10 05/10 S« W_ JTAJjIj Wt M 1 W» f
      614 words
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      474 20 Line wvioe mprwnlKj by (sfSShVt Mambaraoffoßagidryaf #Memb«rjof#» Accredited SKipping Agents, Si 9ap r Lo 9 w,K3 Singapore Shipping AMooalion Association U ULY UM MAU Bffl mm m in MUM SfOH HI Empress Uty 0602 19/09 20/09 28/09 PritKwiUy 0602 07/10 08/10 16/10 Empress lily 0702 26/10 I 27/10 04/11 ULY
      474 words
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      864 21 1 ROM EUROPE U".. wsa wt| m iw ami hmi mv sou m~j|*BBi vov n mmm Mv~sai iw m~ 17/ M U/M HTMGNES »17/11 M/« H/MIS/MV/W KX HTKHJTY OMW 07/ M H/W M/M 17/ M M/W AACOMI MR 11/ M U/M 10/W 10/ M NTHODwr now m/m 27/w m/m ii/io
      864 words
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      1199 21 to B BMMtan«. »m MMMAomn T/MPMP MMHIS I2MSIU/M I W»S»I/IM 6msni/7i w/w v w w w n ui ua mo ib m m m cm %KBSS, £S!sgg- w fi,: SSJT I.". fc K„ SSS. r S ft 2 %2" IS i iS KAMI JUU» 11 W 15/09 IiAN 91/ M
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      914 22 HMHEHYUNDAI MERCHANT MARINE CO., LTD. a mo. HM/HOPHM mm wr ail am w no moimmijTlivßsa *"l«»|mi|»m|MiT|iiAo|»v|M ""U* J2? 22! H/ >mM,IT wir |m/m ■Sts£U> 12Z H/2 m/2I %m ,vw mmm ,n W/Jji/« 5?1252U, £2 L/ 2 52! ■"■e®*™ M/m vlm/M wSSSEF ZZ M/tt n M ,S/H "/m M/M Ji7/M n
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      636 22 I L -I WAN HAIUNES (S) PTI LTD II \nn\wan hai lines I www.wfciLc-.il mtrwn I Ciins n wmm nm ~S m —£L X 55 ISSa m K|S 22 nm nm vm ,vm 1 w* s« m£ £5 wm m* V IF" F L, BB S 1 1 IsiH Ess
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      481 22 m aoaaw WEEKLY EXPRESS BAMJM6 SCHEDULE ALSO ACCEPTHtG TO AU. MORTHBOI MjP WESTEWI ICO POMTTI WHa WW Hi PJUM6 tOUBBO M.SMPM CtMMO~ NNHMM asm n* 111 4MR 7JK MNK nunaa* mats ;«K m m "ITS itm fmmm *m UMK am OUT um ~i?1K~ tUWUM— lIH Um Tim g«K "itK 3ujT~
      481 words
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      872 23 presa. VOY KHH HKO 1 SIN I PKL PXI I m pMM —r Stu ISfAHAW KX 273 03/09 04/09 07/09 00/09 ***** 14/09 10/09 gB MAN HOOMOZOAN PCL-276 10/09 11/09 14/09 15/09 12/09 23/09 27/09 29/09 KLm M/ 0» »/09 30/09 U/To 2/" M.V. UNOAVIA PCI 27® 24/09 25/09 20/09
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      476 23 UK CONTINENT SERVICE Loadhigfor pandora p rom/atw/bmnajk/nan makra rdm/atw/bmn/uk/nan A«ETE rom/atw/bmnajk/nan Loads E7W Irt.iwli middle-east service Loacflng tor MARINE UNIVERSAL II 081/ABU/DOH/BRN/DMM/KWI AFWCA D6l/ABU/DOH/BRN/DMM/KWI FATMA ANA ADN/JOH/AQA/TRP HANDY ESPERANCE JOH/AQA EXPLORERS OBi/ABU/DOH/BRN/DMM/KWI HANDY DRAGON Det/ABUAX)H/BRN/DMM/KWI "Lo6di Singapore, MaliyM, Indonean USA SERViCI Loadtogtor MED INTEGRTTY CAM/NFK/SAV/NOL VOUSHENG CAM/NFK/SAV/NOL NEW MARINER SURYA
      476 words
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      463 23 Sua* iSL gf= £W -»aa .Immi»'lLgLiiJL ST"f'»""'f 'g™=S^= jSgS =j iia iigz Be —E" I ii F fa[ ff^^=fc=a F IP* 1 188 Fy SOC/COC Crp» i ilJnpt, Ha— Cofc R 0745 MOTS JIJI2SI? 3 1 «M«»1I '"I 1 r I UMruiNM £I j—+< Ml-541 r""?" I 1 711-707 791
      463 words
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      139 24 L^KYP WAU NE w y»r >!■ Niw|ld»M!•— Ranr Kmm AiMytanobbi CI9BE 07/09 19/09 25/09 26/09 Al Mutaoobbi CI9BE 07/09 17/09 OMIT 27/09 29/09 30/09 AlMolqnobfr ZCI99E MM 127/09 1 29/69 I Al Mutonobbi CI9BE 07/09 17/09 Wao Fowo.ret CI99E" 14/09 ~WTff" OMfT" 14/10 "WTO WTO" iassial CI99E" U/09 03/10 WWIo"
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      209 24 CWT GLOBEUNK PTE LTD W OWN Officii m TEL:*****833 (36 LINES) FAX:*****742 M ThWS GUOANG-KIKHIHG BANtKOK KAMCHI-lOMtAY U NH aTY >"" HO C AM P< l*["l» HA*l™*C T IA Mjm QmGDAO SHANGHAI XIAMCN fUZHOU-DAUAM MAM tfIJINGSHI JIA ZHUANG DIRECT SAILING TO EASTISOUTH AFRICA MOMBASA DURBAN (I JOHANNESBURG Jf 1 CAPETOWN
      209 words
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      46 24 O WINSTAR SHIPPING PTI UD Ta. kVTtm HI *****007 a W. 145?7f*****( I •W) 3 Sdkg> Wfetiy (Jfa*. w«< M) I -ladta|«Ara|hrt -Im!* fa Dm to BntRIAO/ IraskpiMal FO Cmlmk, Cir iKihl (jrft OwkOMf I I i J*. OKmSkm*. j PROJECT CARGO! fm 111 Kl *U.JnC+.m*,wtm*
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      219 24 I j_ bsa a tea MYANMA yguu, FIVE STAR UNE vbse vwr SM m rei rat OM SHWI HAW S4W SUMS* V9MW SU M BAUTSUL OOVSTUO SMfPMS AGBKKS UL 03-2142/300 HL 03-31/***** Kft 04-2*1240} tg| BANK UNE (A wnki §1 kmktm WMr VF I no«th>ounp to eu«ow"~| v conumes, roro,
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      74 27 KALIMANTAN 1 PIMCT WIIKLT SItVICI TO 1 ZZZ MJUXTA/rJU£MMNG/DUMAi I *i |rw» fijia"' I uonmi 11/W Is 7» h7» uTTi mom tfm~ T# -rtfr 1 I iw nyw ~n7t~ w i SURAMTA/MMMM 1 VMM! v n r~ti pa i 55 i amu ~wfo —U7f— n% ~n^ —I I m&M/mm »A«U
      74 words
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      Lock icon Page 27 Advertisements Column 2
      45 27 FULL CONTAINER SERVICE KN-PAMQUDAM-SM DAILY SAILINGS [VESSEL IVQY I ETOPGICWr I Wpy I eroawl Q>y Sg&jßliSilK&jSifll SS9EB»_ 2SZI_ _m_ 955 L wnpffiißw iaiii_jaaada.jg_AaiMLJMMg.jßLAGf NTS 0 rreLTO cm no: inaawoooo-w PASNI OUDAMO SELAMAT FEEDER SDN BHD TEL: OS |07) 3M29M (HUNTING UNE) FAX: 02 |07) *****98/*****80
      45 words
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      72 27 msm loumsiot 4 sot coumuo, ran mmtu SHFT YUKON, OHTTAGONO fSIFT DOHA, DUBAI DAMMAM 10 SIFT RED SU, MED POftT »»»**> Cm—kmr tunic, Cili AM Pm* PHOENIX SHIPPING rmvn MONTHLY BREAKBULK SERVICE TO SOUTHERN AfWCA AND MOAN OCEAN ISLANDS VESSEL NAME VOV SPORE DURBAN PHOENXI I 09/02 18/09/02 30/10/02 Acoapttng
      72 words
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      54 27 cm etd uMQMoran AM 3 01/DMOOt 91/DMOOt RHMOM PBW A VUNQTAU TROPICAL ROOK OMMWOMMmmiOMnW jun3 awwßanMw hamoukwlla (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD •1 MOON ROAD MO-OS NMN CMM tMQWOK 0007 TB_ OaWOQTIOtaOOBB Tlx ROPHO F A« Qa«7W CR MO 114M7M08 Read Reviews of LINERSCENE
      54 words
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      48 27 5= ESP LINES WWWggTLQSatVKITOUGOS Vtssa SMUK EVBYINUKSMT awvDmoNAi./ttEAUUu soma eu» ummkrk Mf-w JWW/WB OMN.MMMN rvw tiraui Hub umu«7 PTM Hk ISSS4S) NUL-mmi BEOMuunwwowE/vgnyinavßE msas vot em n» Ksiwim a*mm 7/n ■ran «/w vwrm/mi ■BOW M 7/r H/N MUK MOIMKN 1/W M/ff M/W MMK WB^MWaPPWOOQPIIIIP SMBfIMMI -MBHI 1 "I"
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      507 28 Twwyne iMjM is SmSuk ::S shs sssl TWaiSUW OIM 1711/09 M-M/W Ot-OZ/lO I ikbfeul oi4N »?i/w 2729/w wwio I nfflwajiatwoiwiiwJ VOT SJW CAI^^SM^R rcaMSM w«759 Wm IWM I JOKVB 341 0747/W 1315/W I *10 WIVW 14-11/W 74-77/09 I __g«Qjg n?yw ciovio ■AOw^^^^aM^^#7o7/D9^i£iW92MW9| Itosihw m mvm imw nww I ■ra*g2^^o3«^iWD^^i«w»awvi«l ■xmssnjiß
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      696 28 VTSSEI HAJW VOT T SJNCAfOtf TOOT tfUMG OOTUGOMC MOMGU j® 5 E!? 0* 0? bp **********116 04MMO m 05/09 00/09 07/09 10/99 14/99 I QOWWOUi 07WD46 WW 99/09 10/99 10/99 14/99 17/99 I ocwwmr **—49 m 13/99 14/99 14/99 u/00 a/99 1 1 Q(UM 99N034 NOW 16/09 17/99 17/09 20/09
      696 words
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      40 28 CONFER (S.EJL) I ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAQONO VESSEL aw CTG EMEHALD OfrOtSEPT 10-15 BEPT FCL/LCt/COMVDinOMAL URViCtI TO>TiAull Cotfwi I"SL. FdACL lIWHDM TW AuMi &M r«—w. BwWwen Hrtuy Mnp KMn VWnmTHMfc I
      40 words
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      814 28 J |B Llnlto I _gff_ _if/w_ .mi m/>9 chock tw u/w gum n43 n/w Ipgggng ■> nm m JIM, It?w «a~ m-S--££-lasMW »n jyg giswb nw is/w cboon tm »/w oum nw 17/11 mra m ~Tm ~55~ lg« g/w oa nu li7iT ouaw no a7IT am TisT ~u7f< |—> wa
      814 words
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  • Page 29 Miscellaneous
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      Lock icon Page 29 Miscellaneous Column 1
      131 29 V, fe j r -.'lr N J 2iL« v^' 3 Q)~ i K Thunderstorm Showers Rain Temperature Cp/ Wjn( j an< j S pe e( j m Knots Cloudy Day Wea,her U Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds
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      99 30 Fov 0V\ly $2$ (P\ mov\fU 3° 00 0 o m- 0 oo 0 w„h Talk,ime^J^ °°ocff 0 A m Talktime U 0 000 0«\ W o° Pay only a flat rate of S28' for In one neat little handset, unlimited one-to-one you have a two-way radio communication (DirectConnect) and a
      99 words