The Business Times, 18 September 2002
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2002-09-18
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The Business Times
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Title Section22 2002-09-18 1 MITA (P) 010/03/2002 85* THE BUSINESS TIMES S I N G A P O R E internet: http://business-times.asial.com.sg WEDNESDAY, SEPTEMBER 18, 200222 words
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Article74 2002-09-18 1 m 1,468.47 (+15.86) ST INDEX FDTUBES 1,***** (+22.00) SDBCIFOTOIEB 180L80 (+3.20) STOCK BASKET INDICES Tuesday Change KLSEOOMP 090.48 +6.19 NIKKEI 226 9 r Mi94_+J82.0i HANG SENG 9,***** _+***** SET INDEX 369.30 >7.42 JAKARTA COMP _4J7.18 -*J7 MANILA OOMP .1,***** +2.41 TAIPEI WPI 4,633.86 +176.70 SEOUL COMP ***** +214274 words
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Article62 2002-09-18 1 FOBS IAS US* SI US$ (SS per USS) 1.781 £(US$/S$per£) 1531 1727 EURO(USS^SS/E). 0564 1.717 YEN 1219 69.0 RM 3.800 1134 HKS 4J79 BAHT 4117 2414 Rl'PlAH 9,062 6,082 PRIME SATES SINGAPORE* 5i5 KUALA LUMPUR 6.40 HONG KONG 6.125 JAKARTA 3900 TAIPEI 6.626 TOKYO L376 SEOUL 956 FRANKFURT >2662 words
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Article, Illustration665 2002-09-18 1 Andrea Tan - BTfTyarmro Bids by private consultants a fraction of what is normally charged By Andrea Tan [SINGAPORE] A price wai among property consultants to handle state land tenders looks set to put pressure or government agencies such as Housing DevelopmentSource: URA - 665 words
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Article, Illustration614 2002-09-18 1 Call also to tie options grants to financial results Bloomberg [NEW YORK] Companies should be required to treat stock options as expenses, and their executives should give shareholders advance notice of plans to sell their stock, a panel of a business research groupBloomberg - 614 words
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Article, Illustration684 2002-09-18 1 Neil Behrmann - Stocks, US$ shed some gains; oil, gold recover slightly From Neil Behrmann in London GLOBAL stock markets and the US dollar surged, and oil and gold tumbled, after Iraq announced that United Nations weapons inspectors could renew their investigations but the euphoria684 words
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578 2002-09-18 1 Siow Li Sen - New MAS guidelines also call for more verification levels By Siow Li Sen [SINGAPORE] The rights of on-line banking customers who suffer losses as a result of unauthorised transactions will be given a boost under revised Internet banking guidelines released578 words
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Page 1 Advertisements
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Advertisement252 2002-09-18 1 DBBPB Top Stortos S'pore's August non-oil exports jump 14.7%. M0xt Page JMI Intl delays IPO. Pg 3 Jiang Zemin will retain clout after he steps down: SM Lee. Pg 11 Unhappy shareholders seek to oust AOL Time Warner chief. Pg 17 8 lU (1 I internet revolution was a great252 words
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Advertisement18 2002-09-18 1 SMRT CEO Captain or caretaker? PAGE 2 \;r- EXECUTIVE MONEY Is a bubble building in bonds? BACK PAGE18 words
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ON THE grapevine
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93 2002-09-18 2 IT'S back to our foreign talent watch again. The latest we hear is that OCBC Bank's chief credit officer Gregory Pau has resigned. Mr Pau, a Canadian, is said to have left the bank last week of his own accord, and there is talk he93 words
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Article68 2002-09-18 2 TALK about living up to their names. A while back, we told the story of a Hong Kong broker who cheated clients of their money. His name was Demon Leung. This week, we have the story of a US congressman who is pushing for clamps on tax deductions68 words
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Article128 2002-09-18 2 IF you're looking for a winner or plan to diversify into a really emerging market, here's an update on the Bosnian Muslim-Croat privatisation programme. According to Reuters, the third round of the public share offering in about 70 state-owned enterprises in the Muslim-Croat federation started on July128 words
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Article, Illustration581 2002-09-18 2 Chuang Peck Ming - Top 50 in S&P 500 Index now cheaper than the smaller companies Byi Chuang Peck Ming [SINGAPORE] Non-oil domestic exports (NODX) are on track for their first quarterly growth in more than a year, after a 14.7 per cent year-on-year jump inSource: IE Singapore - 581 words
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665 2002-09-18 2 Tap 50 in S6P 500 Index cheaper than the smaller companies Bloomberg [NEW YORK] Now may be the time to start buying shares of the biggest US companies, according to some investors. The 50 most valuable companies in the Standard Poor's 500Bloomberg - 665 words
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Page 2 Advertisements
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Advertisement318 2002-09-18 2 Primer on Interest Rete Risk Management Instruments Why Attend Are you at ease with chose interest rate offerings from your bankers? Have you always wondered how they are valued? Do you make sense of the plethora of swaps and options used in Date interest rate risk management? Friday, 18 October318 words
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Advertisement9 2002-09-18 2 M-o-m numbers provide a better picture: lE, Pg 69 words
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Page 3 Advertisements
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Advertisement85 2002-09-18 3 A anHHLr k /^K^» Master Compressor Memovox Imbued with our manufacture's tradition of innovation, it owes its name to an unprecedented system for maximising water-resistance, by means of two compressor valves fitted to the winding crowns. In the spirit of its ancestors from the 1950'5, the Geophysic and the original85 words
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SINGAPORE companies
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Article693 2002-09-18 3 christopher tan - lock siew To: The Board of Directors, SMRT Corp Re: Position of Group CEO and President christopher tan Dear Messrs, I would like to be considered for the above. But first, please permit me to find out more about what is, or is not, expected693 words
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267 2002-09-18 3 David Boey - Deal gives it 12% of China alkaline battery market By David Boey MAINBOARD-LISTED GP Batteries International said yesterday that it will pay $48.7 million for a 75 per cent stake in China's second largest alkaline battery maker. The stake in Zhongyin267 words
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Article, Illustration417 2002-09-18 3 David Boey - Book-building exercise foils to whip op investor support By David Boey JMI INTERNATIONAL, a Bermuda-registered firm which offers surface finishing services for plastic parts, said yesterday it will delay its initial public offer (IPO) as it does not want its investors "to be penalised by the417 words
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465 2002-09-18 5 Serena Ng - Executive chairman also says purchase of Allandesnota backdoor listing By Serena Ng SESDAQ-LISTED Mediastream's planned acquisition of container rental firm Allandes Corp for around $13.8 million will help the lossmaking audio and visual production company return to profitability sooner, its executive chairman George Thia465 words
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COMPANY Briefs
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99 2002-09-18 5 SANITARY-WARE maker Eagle Brand Holdings said yesterday it expects a 20 per cent slide in turnover and a likely 85 per cent dive in profit for the six months ended July 31. The company blamed factors, including intense competition in the ceramic tile and sanitary-ware99 words
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Article72 2002-09-18 5 Elec Eltek profit takes a dive DIFFICULT market conditions for PCBs and computer peripherals saw Elec Eltek International's earnings for the year to end-June slump to $44.4 million from 193.6 million last year. Turnover fell 26 per cent to $438.7 million. The company expects overall business conditions to remain challenging.72 words
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74 2002-09-18 5 Bloomberg PT ASTRA International, Indonesia's largest carmaker, said it was profitable in the first half, reversing from a loss the year before, because of foreign exchange gains. TTie company posted profit of 2.2 trillion rupiah (***** million), or 848 rupiah a share,Bloomberg - 74 words
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Article, Illustration294 2002-09-18 5 Ven Sreenivasan - By Ven Sreenivasan IN another surprising development, Penton International's white knight, Sunningdale Holdings, has decided against buying a controlling stake in the Ses-daq-listed plastic injection mould and tool maker. In an announcement yesterday, Penton said that Sunningdale's call option had been terminated with294 words
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209 2002-09-18 5 Christopher Tan - Byi Christopher Tan IN the second vital change within a week, taxi operator Comfort Group has appointed a new chief financial officer to replace Peter Leong, who has held the post for about six years. The listed group has picked Tang Fook Meng, 44,209 words
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Article, Illustration393 2002-09-18 5 David Boey - Firm also has no plans for additional financing this year By David Boey SHARES of loss-making ST Assembly Test Services reversed their losing streak and shot up 17 per cent to $1.12 yesterday after its management said it is stickingSource: Bloomberg - 393 words
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SINGAPORE markets
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Article, Illustration298 2002-09-18 4 OTHER SINGAPORE INDICES Sep 17 VALUE CLOSE ■TWOS -321.00 -*-270.00 it CAW -*****.00 +169.00 -*****.00 -32.00 MWrpllw +5.98 MEqalbwEltt 112.65 +4.73 tOf|i<liiW» 1301.23 +2.51 MfpJlMhM 374.08 +2.75 WHIiWOT 181.51 +2.12 M»Mra 180.80 +3.20 CitlrayB 2.5e 57jW7.000 Link* Island 10c 29.4S3.000 NawWa*® 5c 29.037.000 Chan Semiconductor 26c 22.197,000 ST As»emtt»y 25c298 words
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Article, Illustration803 2002-09-18 4 r. sivanithy - I:l comment STOCKS r. sivanithy STOCKMARKET bubbles are fascinating phenomena worthy of close study. Their usefulness lies in trying to figure out how they inflated, what went wrong if and when they burst, and how to avoid a similar situation in the future.803 words
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Article, Illustration755 2002-09-18 4 Knroda's verbal intervention also helps support greenback Reuters AFP [TOKYO] The US dollar leapt to a three-month high against the yen yesterday on news that Iraq agreed to unconditionally re-admit UN arms inspectors, easing fears of an imminent US strike onReuters; AFP - 755 words
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Article2522 2002-09-18 4 UNIT TRUSTS FUNDS Com Global Telecom Index Fd 0 369 Com Global mfotec Index Fdl" 0259 Com Global Enerw Index Fd 0 821 MNhnMMgt (S'pore) Star Europe Eqty!* 06/ Com S pore Bond fund/* 1 056 Star Europe Bo 1.077/ Star Europe Bai 0J17/ CredH Agricota Asset Mgt S pore2,522 words
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Advertisement814 2002-09-18 5 In the Matter of The Cotwpteiiei Ad, Cap. SO And In to Mdter of GUARDIAN FRANCHISEE PTE LTD Notice of Rnolulions for Members' Voluntary WmdmoUp (Pursuant to Section 290) At the Extraordinary General Mooting alto members of GUARDIAN FRANCHISEE PTE LTD duly convened and hold ot 78 SUnlonWoy, #29-02, Singapore814 words
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Advertisement434 2002-09-18 5 M THE MATTER OF THE COMPANES ACT, CAP.SO AMOM THE MATTER OF SENG GUP ft CO (PTE) LTD (In Voluntary Ixjuriabon) NOTICE OF RESOLUTION At an Extaordawy General Meeting of to members of SENG GIAP ft CO (PTE) LTD. diiy held and convened al 5 Jalan Besar #05-01, Singapore *****5.434 words
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Advertisement527 2002-09-18 5 •I THE MATTER OF THE COMPAMEB ACT (CHAPTER 90) AND M THE MATTER OF CHEE ENTERPRISE (PRIVATE) UMTTED (In Members' Voluntary Liquidation) At an Exkaotdriaty General Hitting ol to abovenamed Company diiy convened artf held al 101-A Upper Cross Street #1122 People's Park Centre. Sngepore *****6 on Fnday. to 1»527 words
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Advertisement37 2002-09-18 5 ffl 19QO 912 2155 N Financial questions? CPF? Insurance? Call Invastmant MM Hotllna for frank and prfvata ona-to-ona dlacuaalon wttti I*l ITVINITHUNJNT. ALr i tf^jiVkywnwii^jff^^^Hßn^^^M dv E N/^X^Hnfl^V w _JbT B montoitot »17-«<BWW. Attu.ShnipiFi nnw-wroac I WWW.BREmiNG.COM37 words
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SINGAPORE news
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424 2002-09-18 6 Anna Teo - C=M 3 on the economy data reporting -Bl Anna Teo WHAT'S typically referred to as the "headline" trade figures measuring Singapore's nonoil domestic exports, or NODX are the "year-on-year" percentage changes, which compare the latest month's figures against the same month a year424 words
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Article, Illustration537 2002-09-18 6 Kalpana Rashiwala - Wing Tai sells handful of units at The Light atCairnhill By] Kalpana Rashiwala MARCO Polo Developments has been previewing selected Grange Residences condos for the past two days at its Wheelock Place office, sources told BT. Potential buyers have been told that for now the537 words
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Article, Illustration345 2002-09-18 6 Vince Chong - Byy Vince Chong VETERAN property pundit Ong Teck Hui and former Capita Land Residential chief operating officer Steve McMillan have joined Temasek unit Mapletree Investments. Mapletree yesterday told BT Mr Ong was appointed director of research while Mr McMillan was made a consultant. MrFILE PHOTOS - 345 words
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359 2002-09-18 6 Vince Chong - ii exclusive By Vince Chong THE Islamic Religious Council of Singapore (Muis) is looking to develop a freehold estate of 20-30 terrace/cluster houses in Chancery Lane, sources say. Muis is said to have met developers to explore the possibility of selling the prime359 words
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Article, Illustration922 2002-09-18 6 Transaction date:Sep 17 IMTEEBAMK CROSS KATBS —g fr" *m ym 9m m m mm h* s» w w 0J4S <5* 54 »5« 49.502 0.673 1675 LOU MM 32.4# ***** 0.976 5J67 0J36 ***** ***** 0J58 0M« ST U« tt* LB M ZZ M M CNM 0220 0.190 0.125 0922 words
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Advertisement611 2002-09-18 6 IN THE MATTER OF HUA SHUN VENTURES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementioned Company will be held at 10 Collyer Quay, #21-01 Ocean Building, Singapore611 words
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Advertisement443 2002-09-18 6 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 TAKADA TECHNOLOGY (S) PTE LTD (In Members' Voluntary Liquidation) Al on Extioordmory Generol Meeting of the members of TAKADA TECHNOLOGY (S) PTE LTD duly convened and held at 51 Guf Rood, Singapore *****2 on the 16 day of September 2002, the443 words
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Advertisement565 2002-09-18 6 IN THE MATTE* Of THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER Of fENG TING (1991) PTE LTD (Members' Voluntary liquidation) At on Extroordinory General Masting of the Members of FENG YING (1991) PTE ITD, duly convened ond h* Id on 12 September 2003 the following was duly ri565 words
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Advertisement515 2002-09-18 6 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTE* Of TYCOM CARBIDE TOOLS PTE LTD (In Mambars' Voluntary liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Sachon 290(2Mb) Alan Extraordinary Ganarol of tha Company daamad to b« hald on 12 s•ptamfaai 3003. N fallowing Rasolutions515 words
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Advertisement87 2002-09-18 7 i. I v *J2 ?BEfiiKk /-a.- 9? ,>' JSfeCj .> v^'**» XI *TinTlßrr «®fef l?fi l v JL JpMfpr 1; >/v- I Immrn^M \n J§ y ft <4 1 a^HHH *> W" -v .MT^ J 1 /> #f m JL^\ THgH/ *PtH»offJsm f-M R K^ fr fe;^? V S it87 words
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EDITORIAL & opinion
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Article, Illustration703 2002-09-18 8 harish mehta - 1 bottom line OPINION harish mehta The writer is an Indochina specialist COMMODITY cartels were all the rage in the 1970s with the spectacular success of the Organization of the Petroleum Exporting Countries (Opec). The end of the 1970s when Opec set prices703 words
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Article95 2002-09-18 8 The fact that these guys are alleged to have looted the company on that scale does not mean they would have overstated earnings or cash flow or done anything else nefarious to the company's financial statements.' -James ChuM a longtime Tyco critic, on the charges levelled against95 words
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Article610 2002-09-18 8 War averted for now EDITORIAL IRAQ may have bought itself a little time with its decision to admit weapons inspectors to the country "without conditions". Whether this is enough to avert war, however, remains to be seen After all, US President George W Bush's case against Iraq was that Saddam610 words
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Article, Illustration1593 2002-09-18 8 Leon Hadar - Although a 'New American Imperialism'appears to be developing, two big obstacles render it highly improbable From. Leon Hadar The writer is BT's Washington correspondent in Washington NO one would accuse those (mostly) guys who dominate the foreign policy debate, those retired middle-aged diplomatsAFP - 1,593 words
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Article651 2002-09-18 8 Robert Reno - COHMENT&RT Greenspan's latest discourse on fiscal prudence rings mighty hollow By Robert Reno The writer is a columnist with Newsday EVEN before Alan Greenspan had opened his mouth to testify before the Senate Budget Committee last Thursday, the market had suspected this wasn't going to651 words
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MAIL bag
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356 2002-09-18 9 Tan Chin Wee - Tan Chin Wee UK, via Internet I REFER to the Hock Lock Siew column "Allow changes to warrant terms" by R Sivanithy (BT, Sept 9). It would be a bad idea to allow changes to warrant terms. It would encourage warrant holders to assign356 words
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Article134 2002-09-18 9 Denis Distant Singapore - Denis Distant Singapore I REFER to the Hock Lock Siew commentary "Allow changes to warrant terms" by R Sivanithy (BT, Sept 9) putting forward arguments to back his suggestion for a change in the rules governing the life span of share warrants issued by SGX-listed134 words
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Article235 2002-09-18 9 Chia Hui Ping Singapore - Chia Hui Ping Singapore R SIVANITHY'S Hock Lock Siew commentary "Allow changes to warrant terms" (BT, Sept 9) makes a strong case for keeping an expiring out-of-money warrant alive, by either lifespan extension or the issue of free replacement warrant bearing a lower exercise price.235 words
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Article, Illustration426 2002-09-18 9 Ong Yang Peng - Ong Yang Peng CEO Cananex Singapore Pte Ltd I REFER to the report "Govt hospital fees for subsidised patients up 2-8%" (BT, Sept 12). From the reasons given, it seems that Kan dang Kerbau Hospital is now too big. Of course, one reason isFILE PHOTO - 426 words
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133 2002-09-18 9 Malaruizhi Dinesh - Malaruizhi Dinesh Corporate Services Division for Chief Executive Officer Building and Construction Authority I REFER to the letter from Wu Ping Yen ("Strata titles law should be boosted", Mailbag, Sept 12). Mr Wu said that the commercial tenants in his estate are monopolising133 words
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Advertisement314 2002-09-18 9 Fax your letters to 6319-*****r email them to btietterOsph.com.sgat or wrtte to: The Business Times, SPH HQ, 1000 Toa Payoh North Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear In mind libel /aws. We reserve the314 words
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Advertisement21 2002-09-18 9 I Lianhe Zaobao I 60s I IA big boost I I to the I I entrepreneur! I I I -to-be I21 words
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REGIONAL news
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Article, Illustration432 2002-09-18 10 Eddie Toh - Petron&s units involved in building convention centre, new hotel nearby From Eddie Toh in Kuala Lumpur THE world's tallest buildings in the Malaysian capital will soon be complemented by two new buildings, which will help make the Kuala Lumpur City Centre (KLCC) an evenAFP - 432 words
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287 2002-09-18 10 TKI restates 3 years of losses, shareholder funds Accumulated losses widen by RMl9Bm toRM774m Bloomberg, Reuters [KUALA LUMPUR] Technology Resources Industries Bhd restated accumulated losses and shareholders funds for the first half of the year and the previous three years. Malaysia's second-big-gest mobile-phone company on Friday announced the discovery ofBloomberg,; Reuters - 287 words
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214 2002-09-18 10 KUALA LUMPUR AFP MALAYSIA has approved 500,000 work permits for the construction sector following the recent mass deportation of illegal immigrants which crippled the building industry, the official Berna ma news agency said yesterday. Deputy Human Resources Minister Abdul Latiff Ahmad said 300,000 ofAFP - 214 words
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NOTE Book
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Article69 2002-09-18 10 Bloomberg (hanukukj Thailand s ruing foreign currency rt*« veu ire putting "stronger upward pressure" on JnvSw^rrta^SfyerteixJi^S^aSteiTtial t long-term debt BaaS, the lowest investment grade, with a stable outlook. It last raised the rating in June 2000. Thai reserve® are at a record high ofBloomberg - 69 words
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97 2002-09-18 10 Reuters. [SHANGHAI] China Unicom Group launched the country's second largest domestic share issue yesterday. The 11.5 billion yuan (592.5 billion) share offer from China's No 2 cellular carrier, which also has an overseas listed-unit, was priced near the tow end of expectations due to poorReuters. - 97 words
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Article72 2002-09-18 10 Reuters [BOMBAY] India's National Stock Exchange (NSE), the country's biggest bourse by traded volume, yesterday announced changes to its benchmark Index that analysts said would make it more volatile reflect market trends more accurately. The NSE said its 50-iflSue Nifty index would soon include software servicesReuters - 72 words
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Article67 2002-09-18 10 AP [KUALA LUMPUR] Sales in Malaysia's key manufacturing sector rose 2 per cent in July cooipared to the same month last year, lending weight to expectations of a relatively stron* third-quarter economic performance. Manufacturing sales in July totalled RM25.9 billion (5512.1 billion), the Department ofAP - 67 words
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Article55 2002-09-18 10 Reuters [BANGKOK] "Hie Thai cabinet yesterday approved the pricing of Thailand's US$l billion global bonds at 145-156 basis points over 10-year U8 Treasuries with the spread being capped at a maximum 175 points over the US paper. The 10-year bonds is the country's first sovereignReuters - 55 words
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Article70 2002-09-18 10 Bloomberg (JAKARTA] Pertamina, Indonesia's state oil and gas company, is investigating an offer by a company called Pacific International to buy liquefied natural gas for China's Jiangsu province, president director Baihaki Hakim said. Representatives from the company that owns a power plant in theBloomberg - 70 words
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528 2002-09-18 11 Eugene Low - China president likely to have installed loyal supporters in key posts By Eugene Low [SINGAPORE] Chinese President Jiang Zemin, who is due to step down by March, will continue to have an influential role in China after he relinquishes the leadership,528 words
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274 2002-09-18 11 BANGKOK Bloomberg THAILAND will offer shares in Bank Thai Pel at a discount of as much as 18 per cent to attract buyers for a stake in the country's worst-performing bank stock that was worth US$2O5 million at Friday's close. TheBloomberg - 274 words
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264 2002-09-18 11 HONGKONG Unexpected Aug fall to 7.6* spurred by economic revival Bloomberg, Reuters HONG Kong's jobless rate unexpectedly fell In August for the first time in 20 months, suggesting an economic rebound may be gathering pace. Unemployment fell to 7.6 per cent fromBloomberg,; Reuters - 264 words
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404 2002-09-18 12 Audrey Tan - Quarterly sales will no longer weigh down the market: brokers From Audrey Tan in Hong Kong THE Hong Kong government wiU seU its last batch of Tracker Fund units next quarter, marking the final chapter of its 1998 controversial intervention404 words
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Advertisement181 2002-09-18 10 Without our traps, I you won't smell a rat I The computer age is certainly putting the world at your fingertips. quick click ol the mouse ami a stranger c;in clcctronicaiK burrow his wa\ into \our In>nic or oilicc. u iilimit so much .is .1 squeak. I lie question in.181 words
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Advertisement177 2002-09-18 11 Count On ÜBS WsrburQ# th© Qlobdl leader. When a task calls for strategic excellence combined with local market intelligence, ÜBS Warburg offers the strongest credentials. As the world's No.l in global research", we offer cutting-edge insight into the world's markets. We also own the world's largest trading floor in the177 words
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Article1387 2002-09-18 12 aiUUM rUTUKEB Sep 17 mMOFitewtttaNprkn) RSS1(ScMd/kt) Ctaw mm OM Mwtt u, irtt n—.> >JS Oct 02 156.75 *»02 ***** OK 02 H6.75 Jon/Mor 03 ***** RSS 3 (tiS ccnts/k«> Vofcno Oom W» 1— Sott ft—W» loN^rt WW MOO 950 Nw02 88.00 1750 0* 02 88.00 mo Jon/Mor 03 89.001,387 words
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Advertisement109 2002-09-18 12 l Standard Chartered your savings deserve an extra boost. Let your returns take off with our Higher Interest Deposit For a minimum investment amount of U5525,000 or equivalent, you can enjoy a higher interest rate for potentially higher returns*. Invest US$l2O,OOO or more in our Higher Interest Deposit and enjoy109 words
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Advertisement818 2002-09-18 13 0. A. N0.2187/2000 APPLICANT Punjab National Bank, Mumbai -1 V/S RESPONDENTS Kamal Traders Ors. Take notice that the applicant has instituted a suit in MUMBAI DEBT TRIBUNAL -1 at MUMBAI for a recovery of R5.7,34,75,053/- (Rupees Seven Crores Thirty Four Lacs Seventy Five Thousand Fifty Three only) together with future818 words
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Advertisement110 2002-09-18 13 VINTAGE 1945 LARGE DATE WATCH OF THE YEAR 2001 i"**r rm-**.. j feMl £gSfc |Ki- '.?r > i j?.* *f: j vIK GIRARD-PERREGAOX Mf Mfl«f Of LASSOCIATION INTERPROFESSIONNELLE X LA HAUTRE HORLOGERIE Exclusive Distributor: BMI Service Centre Showroom: A division of F J Benjamin Singapore Pte Ltd 6B Orange Grove110 words
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WORLD news
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357 2002-09-18 13 Tang Weng Fai - SINGAPORE Slapper virus has hit 5,000-11,000 servers so far By' Tang Weng Fai THE relative peace in the so-far secure Linux operating system may be shattered by the arrival of a new breed of Internet-based computer virus that specifically targets the free operating system.357 words
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Article101 2002-09-18 13 TOKYO Reuters JAPANESE Economics Minister Heizo Takenaka yesterday said the economy had yet to clearly emerge from a period of stagnation, but there were signs of a pickup. "The economy is still spotty but there are signs of recovery," Mr Takenaka told reporters as he emergedReuters - 101 words
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Article, Illustration647 2002-09-18 13 TOKYO Bat analysts highlight continued worries over US earnings, Japan policies AP Reuters, Bloomberg TOKYO stocks surged by over 3 per cent yesterday and the US dollar strengthened against the yen, as relieved investors welcomed Iraq's decision to accept unconditional UN weapons inspections. SentimentAP; Reuters,; Bloomberg - 647 words
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Article, Illustration482 2002-09-18 15 Ravi Kanth - UNCTAD cites its focns on biomedical sciences for its success in dry year By. Ravi Kanth in Geneva SINGAPORE is ranked fifth in the world's top ten economies last year for attracting foreign direct investments, which saw a sharp fallFILE PHOTO - 482 words
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WORLD Watch
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102 2002-09-18 15 Bloomberg [LONDON] UK banks such as Barclays and HSBC Holdings would be open to criminal charges for failure to reveal fees for transferring money to other countries under British government proposals. The UK plans to fine banks as much as £2,500 (556,800) ifBloomberg - 102 words
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49 2002-09-18 15 Bloomberg [WASHINGTON] The Securities and Exchange Commission will consider at a meeting tomorrow whether to require mutual funds to reveal how they vote in corporate proxy contests. The SEC will also decide on whether to make the proxy voting records available to shareholders.—BloombergBloomberg - 49 words
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44 2002-09-18 15 Reuters [NEW YORK] Merrill Lynch Co replaced an analyst after Tyco International's former chief executive complained to Merrill chief David Komansky about the analyst's coverage of Tyco, The Wall Street Journal reported yesterday. Merrill replaced Jeanne Terrile in 1999.—ReutersReuters - 44 words
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Article52 2002-09-18 15 Bloomberg [COPENHAGEN] MobilCom AG, Germany's No 5 mobile-phone company, needs European regulatory approval to use German government aid to stave off bankruptcy, European Competition Commissioner Mario Monti said yesterday. The German government had pledged on Sunday 400 million euros (*****.6 million) to bail outBloomberg - 52 words
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81 2002-09-18 15 Reuters [NEW YORK] US federal investigators into World Com Inc are scrutinising personal loans that former chief executive Bernard Ebbers had granted to chief operating officer Ron Beaumont, The Wall Street Journal reported yesterday. The investigators are looking at the U*****,000 in loans as wellReuters - 81 words
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334 2002-09-18 15 Bloomberg [NEW YORK] The dollar's rise to a three-month high against the euro and the yen is acceptable to the US, Treasury Secretary Paul O'Neill said yesterday. The dollar strengthened to as much as 96.10 US cents per euro, the highest since June 20. Against Japan'sBloomberg - 334 words
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313 2002-09-18 15 LATEST US INDICATORS Dip stirs concerns on manufacturing rebound Reuters, Bloomberg [WASHINGTON] US industrial output posted an unexpected decline in August, the Federal Reserve said yesterday in a report that raised concerns about the manufacturing sector's fragile rebound. The Fed said outputReuters,; Bloomberg - 313 words
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285 2002-09-18 15 ■GENEVA Reuters THE World Trade Organization ruled on Monday that the United States violated key trade agreements with a law that channels antidumping duties on imports to US firms making similar products. US officials in Washington said they would appeal the decision,Reuters - 285 words
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Article, Illustration310 2002-09-18 16 NEW YORK Charles Simonyi to set up his own software firm NYT CHARLES Simonyi, a computer scientist who joined Microsoft when it had 40 employees and who helped set its technical strategy for years, is leaving the company to found his own software startup. MrNYT - 310 words
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Article, Illustration394 2002-09-18 17 NEW YORK Several directors may seek Steve Case's removal at a meeting tomorrow NYT SEVERAL directors of AOL Time Warner are seeking to oust the company's chairman, Stephen Case, and he is resisting their challenge, according to three people close toNYT - 394 words
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317 2002-09-18 17 NEW YORK Bloomberg CITIGROUP Inc, facing allegations that a consumer finance company it bought two years ago gouged unsophisticated borrowers, is taking steps to make sure customers know whether they are paying for insurance on home loans. The world's largest financial services companyBloomberg - 317 words
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314 2002-09-18 17 Reuters [WASHINGTON] The United States will allow the controversial group that oversees the Internet's traffic system to retain its authority when its contract expires at the end of the month, a Commerce Department official said on Monday. But while the Internet CorporationReuters - 314 words
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Article4057 2002-09-18 14 Transaction date: Sep 17 for more, go to wimuxisicumenmarketsjcom HONG KONG liangsu E xpress H 0 08 2656 V*l itangsu Nandaaoft Go H 059 0.06 0 "mt Jtangxi Copper H .075 -0.01 155* JilnChemlndM AM unch 1580 y ph G r? f1 "J? 3 1°? W"PHu«iChglrtgl» H 0.344,057 words
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Article2111 2002-09-18 14 Transaction date: Sep 17 KUALA LUMPUR mo md, i Vol FSBM 11 -001 I M W- r*W) All -0.03 4 Gadano 1.01 001 14 AIMIMty .008 inch 0 Gamudb 820 020 *71 Abric 1.16 004 94 GenadCorp 040 -007 A CP Industries J.10 0.06 10 Gan*r*Ooip OH 001 622,111 words
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Article201 2002-09-18 14 Tranaaction date: Sep 17 feg—iiilr" sis ssn* is a sfr ui a HS as s2-««. gr j" gr. ar HI K5 U22P 5*1 7J1 **jw -&«oe MfroCo*900 US JM AflH g*—1*4 gc 0» l uo *.*0 3S Hi H2 STtoWt *46 «.7M «Ou0O if 25 25 SEW? 2 SS201 words
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Article548 2002-09-18 14 BONDS WARRANTS I* JWCw te *HK -as c —fy «ac- f—nah Wn *u*m U» ASTIWW0M1 1,3 1 KM 133 21 tomlldWtllK 13 1 SO 692 433 26 A"*NIW*****0 743 6 169 1 13 144 33 Armtrong WD***** 1 undi 12 1 W 120 5.00 20 9ar6*SA*****110k 1M Bar 6 5*******1548 words
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Page 14 Advertisements
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Page 15 Advertisements
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Advertisement94 2002-09-18 15 THE MONETARY AUTHORITY OF SINGAPORE Results of auction of taxable book-entry Singapore Government Bonds to be issued on 1 Oct 2002 Tenor approx. 5 years Total Amount Allotted SGD 2,300,000,000 t 'V Amount Allotted Non-Competitive Applications SGD 383,230,000 Of which allotted to MAS SGD 200,000,000 Total Amount Applied SGD 4,227,295,00094 words
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Advertisement330 2002-09-18 15 A Edrfey Q: Every client is different. Is every j strategy? ljßsr jjj There is no one rule for investing. Today J lh£ the possibilities are enormous, especially j K fy, 'V when you factor in the global side of the H3& f I Q should a wealthy person S330 words
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Article3507 2002-09-18 16 Transaction date: Sep 17 for live prices, log on to wwwjasAxhonernarketsjcorn *2L Ofcr CrTM Nat MCia WUWg "T t Cl f"l Sdt W- mm IN* t— —nr S*l cw M U Prfci ASNA/nroNLG 56c 9 12 34 .4,1 205 8.5 c ACE 0vnanrMo20c 10 unch S 10 103,507 words
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Article53 2002-09-18 16 r "i"i a a a?™; »■a'gg 10*0 7770 i Diamond* USMtOcd 5800 3230 s IS OJ US Tech US32SO .1"*"****" SIS «0 s IS MSG Spore USSSS 11H0 *70 s ISSAK00 USWM 1t750 (330 s SPWB US9KNM IMS USScSTlETMOO 1493 *77 1 1493 ,47, 1409 1500 I I53 words
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Article617 2002-09-18 16 ■y- 'T a a gs s's-a Si S ]J mi a *S 21 c AS Auto 10c as 5 1* 71 151 11 Hi He AST. 10c I* los si, H2 »S 22 "3 iscA-~usz=z=zt *1 '5 *2 n i n 45 c AaanMooSc 14.5 «0.5 20 ,45617 words
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Article149 2002-09-18 16 .iys. *f c?"? g ■a m S585SE±z:& «> n. s, m> CheungKongSOcWC 17S0 u <5 City* SoMions H MK. SS 51 99 2 7 6 3 54 5 W2000 US75 5 *5 115 GcnbngMUi 13.5 *05 656 14.5 13.5 13 5 14 5 33« in k HKT«l50c400HK 580149 words
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Page 16 Advertisements
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Advertisement35 2002-09-18 16 Of J 3 lrr^ ftCtIMAL SHOMKOOM S€RVIC£ JB xl CHALLENGING TIMES J!!c!;fiI B AJI!S«J? c i2IS» A ?2irf?2iS v 0F THE OVAL AK AUDEHARS P>«UET is Iw6 LINSH Swiss Challenge for the America's Cup 2003.35 words
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Page 17 Advertisements
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Advertisement501 2002-09-18 17 Date: 19 September 2002 m Time: 8.30 am registration Pf"!!- BMHwRiRm Venue: Grand Hyatt Singapore RSVPemail: sun@circusmax.com 1811 4 RSVPTeI: *****072 (Fiona) From Concept to From concept to design, order to delivery Design, Order to Manufacturing Solutions to improve Delivery, Sun, 1 your cycle time. together with our Manufacturing is501 words
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Page 17 Miscellaneous
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Miscellaneous318 2002-09-18 17 URVPITC CROSSWORD ACROSS 5 Colour is a factor in some de--1 The boor seen around re- gree (7) mains to do battle (4, 3) 6 Giving particulars of French 5 Aim to go back in a crowd to following (9) create distraction (7) 7 A person forever on the look--9318 words
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BT motoring
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Article, Illustration605 2002-09-18 18 Christopher Tan - Lenders turn to auctioneers to sell repossessed cars as they've wider reach Byi Christopher Tan THE car auction scene is getting to be a bumper-to-bumper affair, as more banks and finance houses turn to auctioneers to reduce their stock of repossessed vehicles. Last year, whenFILE PHOTO - 605 words
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Article, Illustration520 2002-09-18 18 Christopher Tan - ■^^exclusive He faces 7 years' jail; 2nd charge' relates to accounts All reports by Christopher Tan JIMMY Lim, the head of exSkoda distributor JTA Motors, has been charged with one count each of cheating and failure to maintain accounting records and system ofPHOTOS BY ARTHUR LEE - 520 words
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222 2002-09-18 18 ■:i (exclusive St&rsanto allays fears as brand is set to cease here DAEWOO distributor Starsauto will honour warranties even after the brand ceases to exist here, according to a senior executive. With General Motors' takeover of Daewoo Motor of Korea and the formation of a222 words
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230 2002-09-18 18 MOTOR traders have been alerted to suspicious deals offered by free agents who promise cars at substantial discounts. Typically, these agents claim in print or by word of mouth that they can supply cars from authorised sources at $10,000 or more off the230 words
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BUMPER to BUMPER
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Article107 2002-09-18 18 BP and Caltex have become the first to raise pump prices on the back of rising crude rates. Caltex raised rates quietly last week, a move which took many customers by surprise. BP yesterday announced increases from 1 lpm: its 96-octane petrol went up by107 words
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139 2002-09-18 18 VEHICLE components and systems exhibition Automechanika Asia will be held next in Kuala Lumper, instead of Singapore. Organiser Messe Frankfurt Singapore said the third show will take place at Putra World Trade Centre from Nov 12-15,2003. The first two events, in 2000 and 2002,139 words
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Article118 2002-09-18 18 TAN Chong Motor Holdings, the assembler of Nissan cars in Malaysia, may raise vehicle prices in three to four months to offoet the higher cost of imported parts on the back of a stronger Japanese yen. "The yen is still very strong, so if it118 words
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Article79 2002-09-18 18 HONDA Motor expects to sell one million motor scooters in Thailand this year, up from almost 700,000 last year, due to strong marketing efforts, The Bangkok Post reported. The company, which dominates the Thai market based the projection on a 57 per cent jump in79 words
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Article133 2002-09-18 18 GENERAL Motors' Shanghai unit sold 40 per r*>nt more of its Buick-branded sedans, mini-vans and compact care in China last month, piggy-backing on a broader surge in sales in Asia's second-largest auto market Unit sales at the Shanghai plant rose to 11,655 in133 words
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Article183 2002-09-18 18 1 mmmmmwm m mm u mm* rw TOYOTA Motor sold 15 per cent more cars in Europe in the first eight months of2002 than it did a year earlier, helped by strong demand for its Yaris compact car. The manufacturer sold 518,000 cars in Europe183 words
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132 2002-09-18 18 PSA PEUGEOT-CITROEN of France is initiating trials with e-business network bokro.net with the aim of allowing all group exports to be processed on-line. PSA's test will involve a group subsidiary and a distributor using the Bolero system to process shipments of spare parts and new132 words
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Article95 2002-09-18 18 Christopher Tan - nii iiy Christopher Tan SEAT-BELT use among US motorists rose to a record 75 per cent this year because of strong state laws and police enforcement, Bloomberg reported. Belt use hit 80 per cent in states where motorists can be stopped and ticketed solely95 words
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Page 18 Advertisements
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Advertisement70 2002-09-18 18 firlhi hint wmtml idai i*n if )in nn. HN9 Hg K( ,k< I *w iV If i\ s< n i\ Ii t -«f -4 j T TCj (> n "7 MB v i i'i i U5497 I-, J&.1L1&&: J. T^t••; V n!_ "'"'J™ 1 ""TT lw >, >l «*—>»■■ nWt70 words
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PERSONAL investment
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845 2002-09-18 19 Robert Halili - By Robert Halili The writer is managing director of Asia Insider BUYING activity remained high among listed companies' directors and substantial shareholders for the second straight week, with 34 companies recording such purchases during the five-day period up to Monday. The sentiment index rebounded845 words
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Page 19 Advertisements
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Advertisement145 2002-09-18 19 29 O ORCHARD ROAD, SINGAPORE *****9 TELEPHONE *****535 mm iiiiiiiiiiiiiii^^ CA.T.S. I Where to wine, dine and entertain... »AW A WorkiofExduive^^riJ«j>es &Treats 7 WWW4finerSXOIILSg 'W fmernawnaf "East Meets West" /f Buffet Hi-teo Every Saturday, Sunday mV M Public Holiday at CaMVanda 11 yV 12.00pm-4.30pm Adult $14.80*** Child 10.00* (4-12yrs) >145 words
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Advertisement186 2002-09-18 19 *&1S Since 1975 our worldwide staff of i over 273 multi-disciplmed professionals sU V T 6 including lawyers chartered accountants i S chartered secretaries and bankers have f K 1 provided confidential and cost effective &L company formation in all the major low fIS tax areas including t -5.; iv*-.186 words
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Advertisement142 2002-09-18 19 With FREE Choice of One Coffeertea/Soft Drinks or Chin Chow HAINANESE CHICKEN RICE NASI GORENG ISTIMEWA CHICKEN CURRY CANTONESE BEEF HOR WESTERN SET #$9.80-t-n- mwA It's HmeW DaU^^H Mug#s4.oo Drtt eadi Jog#sls.oo netted' IBH For enquiries. caH us at 6430 4119 218 Queeri Street. Singaptore *****7 Tel: 6332 2222 Fax:142 words
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Advertisement41 2002-09-18 19 Sweti typts of wnety to chocae from, each set comes with nee. fresh fruits, man dsh Mushroom Set Chidcen Set Beef Skce Set Ganxpa Fish Set Prawn Set Scalop Set Tgef Prawn Set Salmon Set CAII' W3> 6253-0777 7>f C101...>i (Angetine)41 words
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Advertisement82 2002-09-18 19 '«Se ffjf MarinerskGorner Restaurant fßtt vouc^-^; n Amencon Breakfast af $5.50 Weekdays Sef Lunch frorr $7.50+ Weekend Public Holiday Sef Lunch from $9.80 (Including all\ou-ConEct BuFe-t Sokidl i. *A La Carte Sef Meals* from $16.50 (Including nil You Can-Eat BuHet S 'iadj MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's82 words
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EXECUTIVE money
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Article, Illustration831 2002-09-18 20 GENEVIEVE CUA - Large outflow from equity funds could signal such a scenario, says GENEVIEVE CUA GENEVIEVE CUA OVERWHELMING risk aversion among retail investors has raised an intrig u i n g question of late: As record sums pile into bond funds in the US, is a bubble building inSource: Investment Company Institute/SSE - 831 words
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Article, Illustration994 2002-09-18 20 Genevieve Cua - While China leads the wealth market, S'pore posts slowest growth in Datamonitor study By Genevieve Cua THE rich in Asia continued to get richer last year, despite rocky markets and frozen salaries. A report by London-based Datamonitor has found that not only did the numberREUTERS FILE PHOTO - 994 words
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289 2002-09-18 20 Genevieve Cua - By< Genevieve Cua FUND MANAGERS in Hong Kong and Singapore hoping to tap the liberalisation of investment rules for hedge fUnds may have to brace themselves for a disappointing take-up rate from retail investors. UK-based Datamonitor analyst Simon Pearse says there is a289 words
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Page 20 Advertisements
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Advertisement86 2002-09-18 20 Conquering the Oceans B Marine Diver official rating certificate issued by the Swiss Official Chronometer Testing Institute (C.0.5.C.). Selfwinding indicator. Oversized Individually numbered case. Waterresistant to iooo feet. Screwcrown. Turning bezel. Skin-friendly titanium back. Available in P 18 CT GOLD AND STAINLESS STEEL. I ULYSSC/NAMMN JT Le Suisse Takashimaya S.C.86 words
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SHIPPING TIMES
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Article257 2002-09-18 21 Reuters THE Baltic Dry Index (BDI) rose eight points to 1.186, the Baltic Panamax Index (BPI) gained three points to 1,206, the Baltic Handymax Index (BHD firmed 77 points to 8,003 and the Baltic Capesize Index (BCD was up 12 points to 1,462. lUOB-GHABTERi Anangel Omonia (built 1996)Reuters - 257 words
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Article253 2002-09-18 21 S*»17 a Ht CWT Distribution 0.74 unch 0 ChuanHup 0.49 0.01 1496 Coseo mvmtnwnt 0.16 unch 29 FrrtqM Links 0.08 0.01 73 CB HoMnas 0.60 -0.03 23 JayaHoMngs 0.25 0.01 1404 Kapp*ICorp 4.54 uneh 831 K*pp*l Marin* 0.15 uneh 187 K*pp*l Tata 0.96 unch 5 labroy Marin* 0.25253 words
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Article, Illustration555 2002-09-18 21 Donald Urquhart - HE'S throughput up only 2*3% for first eight months By Donald Urquhart [SINGAPORE] A continuing surge of cargo volumes through China's southern ports hit a stunning 52 per cent growth for the first eight months of 2002 over the same period last yearAFP - 555 words
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203 2002-09-18 21 [SINGAPORE] India and Indonesia have begun joint naval patrols to combat piracy, smuggling and drug trafficking off the Andaman Islands in the Bay of Bengal, the Indonesian defence ministry announced recently. Under an agreement signed last year, the two navies began joint patrols203 words
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Article, Illustration301 2002-09-18 21 Second fire flares up in area containing non-hazardous material AP [LONDON] Fire broke out again on Monday on a ship in the English Channel, hours after firefighters thought they had brought the blaze under control, the coast guard said. The Hampshire Fire Service later saidAP; AFP - 301 words
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284 2002-09-18 21 Donald Urquhart - 2U c. By Donald Urquhart [SINGAPORE] PSA Corporation's overseas ambitions were boosted yesterday with the opening of the Singapore container terminal operator's Aden Distripark (ADP) in the Yemeni capital. Both the distripark and the nearby Aden Container Terminal, which began operations in284 words
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Article, Illustration1122 2002-09-18 22 David Hughes - STRAIT TALK -By David Hughes OVER the next few months we can all expect to see seafarers' unions and shipowners' organisations engaged in a whirl of activity as they try to sort out what to do about the scheduled US$5O increaseFILE PHOTO - 1,122 words
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Article196 2002-09-18 22 PA8C Genurtrans 4 Avant 9 #«U* 9 rtMfltas 5 «oty*« 9 BSA 6 »"># 4 BC 9 HMfeuTQ-Sud S n 9 Heung-A 3 CMACGM 3 HubUne 9 COSCO 3 HUAL 9 H Central Ex 4 My"** 4 Chaheya 9 Mm 8 CMmSHm 5 IndoguK a Confer 9196 words
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Article15300 2002-09-18 26 THEBUSINESSTIMES EXPORT Arfv*rH««r w -r_j P A A^ rtiwr Vni *>VA0a ETA ETA Adverts VhmI Voya* Telephone SIN Dest n Nam* Name Number Number SIN Dest'n Name Nam* Number Number M/IO 06/11 Hyundai MM APL SCOTLAND 112E 45+*****44 To ABIDJAN (ABJ) 2003 Cot* D'lvoira 23/# 13/H Hyundai MM15,300 words
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SHIPS IN PORT
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Article614 2002-09-18 30 eg *l Voy Wo Berth Arrival Departure JURONG PORT ASIA EXPRESS 169-A J15/16 A/SIDE 18/09 190C KIMTRANS XPR 10-FEB J15 A/SIDE 18A)9 1000 MEKONG 4 07-FEB J3 A/SIDE 18/09 0500 PANTHERA 1 J14 A/SIDE 18/09 0200 SEA BAISI 019A J7/8 A/SIDE 18/09 0500 STARCANOPUS V532 J16/17 A/SIDE 18/09614 words
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Article1466 2002-09-18 30 CONTAINERS TERMINAL AMD VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Bert a Name Voy Voy seq berthing Nmfa A P MOELLER 0208 0208 1_ 2009*2002-02.00 2009*2002 1000 AJONADABR 03t 03E 1 1809*2002 1*00 1909*2002 1200 P01 ALAMJAYA2 8813 8813 1_ 2009*2002 1SOP 2009*2002 2300 A 8ER 11,466 words
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Article172 2002-09-18 30 flap 20 Korea: Harvest Day. Sep 21 Korea: Harvest Day. Taiwan: Mid-Autumn Festival. Sep 22 Hong Kong: Mid-Autumn Fest: val. Korea: Harvest Day. Sep 23 Japan: Autumnal Equinox Day. Oct 1 China: National Day. Hong Kong: National Day. Oct 2 China: 2 Day of Nat Day. Oct 3172 words
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Article810 2002-09-18 30 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 averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the810 words
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Article401 2002-09-18 30 Carte* 180 Max *9.9 0.9 16.4 O.lt 59 004 5S2_1£ Pwdty —tor Mwj*w ArtAMwhikm Sedtwent No above £25 0 0 3 1 0 0 380 Ave 986 4 02 15.7 0.06 26 0.02 "V 1 *i 1 "t wc 3 tS K 2 S 5 —s401 words
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AIR & LAND transport
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Article, Illustration548 2002-09-18 31 It cites strong cargo recovery; steady growth in passenger market Reuters [TAIPEI] Taiwan's secondlargest carrier EVA Airways raised its 2002 pre-tax profit forecast by 40 per cent yesterday, lifting its shares and boosting optimism that the sector was emerging from its slump.Reuters; AFP FILE PHOTO - 548 words
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179 2002-09-18 31 Bloomberg [PARIS] Air France SA and KLM Royal Dutch Airlines NV shares rose after Les Echos reported that the two carriers are in talks for a broad alliance that would allow them to link their networks. Air France gained as much 6.3 per cent,Bloomberg - 179 words
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Article, Illustration295 2002-09-18 31 Modules on new-generation models may malfunction Oana-Xinhua [BEIJING] Major Chinese airlines have started checking the flight control modules of their newest Boeing 737s after the manufacturer revealed that some of them might be defective. Industry sources said some airlines that own newgenerationOana-Xinhua; FILE PHOTO - 295 words
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446 2002-09-18 31 ANA will take over its operations, buy half of its seating capacity AFP [TOKYO] Japan's No 2 carrier All Nippon Airways (ANA) said yesterday it has signed an agreement for a comprehensive tie-up with regional carrier Hokkaido International Airlines, or AirAFP - 446 words
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190 2002-09-18 31 AFP [MANILA] Ground crew unions have filed a lawsuit yesterday seeking to nullify a German-Filipino consortium's contract to build a passenger terminal at Manila airport, their lawyers said. The lawsuit was filed at the the Philippines Supreme Court, with the unions sayingAFP - 190 words
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LOG Book
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78 2002-09-18 31 AFP v (JAKARTA] Indonesia's Jatayu Airlines wHi open a new route linking Jakarta to the southern Kalimantan city of Banjarmasin on Saturday, the company said yesterday. The daily flights will be served by two 115-seat Boeing 7375, a company spokesman said. The company,AFP - 78 words
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Article80 2002-09-18 31 AP ILUNDON] Workers on London's Underground system will strike on Sept 24 and Oct 1 if they have not gained a pay agreement, union leaders said yesterday. Each strike would start at Bpm and continue for 24 hours, the unions said. Strikes by membersAP - 80 words
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Article1456 2002-09-18 31 WW m OBW IW 1X771 6B UI779 2905 "m* urnn mm ««n rsa uen dk Ml S***** SB S***** 2305 »«HwC S023 0(05 2225 < 73S 1,20 UW7U 2350 6**75 K>25 0T6 *20 LMV766 2350 ■f d MM 2390 mm mm mw *««-4 UM M UM1,456 words
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Page 21 Advertisements
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Advertisement192 2002-09-18 21 —-mk jfcJH DeciskinttnefbrlTF, owners on pay increase p*& 2 111/ TTCLUB THE TRANSPORT MUTUAL TRANSPORT CLAIMS SPECIALIST A claims specialist is sought by Thomas Miller (South East Asia) Pte Ltd to join an energetic and committed team providing expert underwriting, claims and advisory services to Members of the TT Club192 words
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Page 22 Advertisements
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Advertisement518 2002-09-18 22 I PffW 1 I OTWCTPCTTWMTMMB I ,™1 n |^lHDgi»|, TOAmrmiMtAUmUUAAB4AEXP^^ IVWIIVWI K/10 W/ll ff/ll W/ll M/lt 12/10 I I iM.fn.JI I I 1 •oanauNß «o> k« hn ii/ii iyii i*/ii 14/10 14/10 wi w_ jnw_ _jw m m sn m m ooama sm 101/101 e/ii ivio n/io «n jvii ivio518 words
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Advertisement58 2002-09-18 22 >42jk WORLDGATE EXPRESS LINES PTE LTD ;7J\ C#cß Straat, #16-03M>4t Bangkok Bank BuMhtg, Vpon *****6 'T«l: *****911 Fax: *****073******63 Email: wgatoOmbox2^ingnaLconiag WEBSITE: http J/www. wortdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS IH*ibt wi wmwm w~ W®** I 1 a:""' 1 j?s [sBBL-. |Sg| f EL-J I 5a58 words
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Advertisement517 2002-09-18 22 I I Unes wrvic* mpiwnlKj by Members of the Aawlri Shipping Agents, Si n 9 a P or logislics Singapore Shipping Associahon Asiocwrfion ULY UNE MALE /vbsb I TOY Ell I Ett lin mums swtt am Empress U>y 0602 20/09 21/09 29/09 Princess Lity 0602 07/10 08/10 16/10 Empress Lily517 words
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Advertisement1101 2002-09-18 23 TO EUROPE FROM EUROPE vorlsw mi wr wmi wv sou m |[vtssa |w* mm ami ham my sou m m.m 109* io/oo 09/10 11/10 07/10 hyhedom somsi/m m/m u/mn/mn/* ■a sou/no* ootw 20/w oa/io oa/io 11/1# 12/10 not mass ooaa/n os/»9 07/09 m/m m/« 9 HTMGMfSS 339W 23/09 11/10 13/101,101 words
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Advertisement1365 2002-09-18 23 direct call to W1 ICOSTAR SHIPPING N| LTD SwHSfVA*' mwsooi tnasns/7s I |IMili OKkmtTOOOOOOM «:ttIH9OOOMW "5««'0 M2OS7U I BANIAR ABSAS 120ATS liONonofHa ccwvwncxui mmsmwim m I I cosimcaapwiswiw nn;-nM)*4 Hut»7-imi7i miosni/ojo *?mj3jj/;i ™T nnm Bwiom winuin bwwbluLn/oim *2 ™2 52! 01/10 02/10 15/10 *»*w* n/w uw n/w aw ivm twins1,365 words
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Advertisement506 2002-09-18 23 ttssa WTHtSßfaiicwwfKK ittllfliiiiiTBOSßH■■ Uflt KHIUW6 7131 H/> 7S/9 H/1 79/9 7/10 j/10 S/1Q 1/10 AQ VIOLET 047 M ?1/¥ t5/9 V/ 9 otic man ?ia l/io yio yio 4/10 »/io n/10 iyn 15/10 Mumawnt own ~n/9 ;7To yio 1 QtT(4tOWWQW6|?I3I<H/10 9/*****/10 |13/10 |l«/10|H/10| I*/Iq|h7)o] |AQ LMAC 044W 5/10 9/10 11/10506 words
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Advertisement943 2002-09-18 24 HMN& HYUNDAI MERCHANT MARINE CO., LTD. wwwi—2l.c— q up. *****H#000H I**™ SM «Mlm BM MM MOM MV IWSSa VOT SOU |l» ITB MIT HMI MV~ "ST" ■T mAI 33tW M/M M/M M/M H/N M/M HT UOOTT )1M 27/ M 21/ M IJ/M M/M M/M ARMS IOtW It/M OT/IO M/M 11/W943 words
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Advertisement816 2002-09-18 24 WAN HAI UNES (S) PTI LTD WIWAN HAI LINES '*P nM wimS?ail** tmbmw I '■•'•'ißiWßWtvßsiMnaa.miiaiMnttVDannvaniK l www.aadMi.cM. iiiknßMwiiinianMftnuvnw RITWN I*** W M M. BB BL no n n n 12! IS 552 w* wm wm T I JfJJ 222 1W SAI k/U n/n «/M tfH 155 m in 222 -22816 words
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Advertisement539 2002-09-18 24 m sttaiFA, WEEKLY EXPRESS SAMJH6 SCHBMJLE I ALSO ACCEPTMfI TO ALL MORTHERM AMD WESTERN ICO POWTI I VOT ISM PJIANc| COUMNO| SWA CMMM~~ weiSo 19 4» I9P 17® U» [OUPBMM ffM7 II» OMT MR I ISP 77 Sg Mi him us itse n» nsg ks» asp tuHumm mm nsg »sg539 words
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Page 25 Advertisements
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Advertisement1112 2002-09-18 25 VESSfL VOY KHH HKO SW HO. DXR »AI DM* —C IRAN TEHRAN Pa-177 17/09 18/09 21/09 22/09 29/09 30/09 04/10 Oft/10 M.V. UNDAWA PCI-278 24/09 25/09 28/09 29/09 06/10 07/10 11/10 15/10 WAN HERMAN PCI 279 01/10 02/10 05/10 06/10 13/10 14/10 19/10 21/10 IRAN ISFAHAN PCI 280 08/10 09/101,112 words
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Advertisement488 2002-09-18 25 UK CONTINENT SERVICE JI Loadng tc* I PANDORA P RDM/ATW/BMN/UK/NAN I ARETE RDM/ATW/BMN/UK/NAN k I Loads SngapoTß. E7W Mrtayaa. Indongw J MIDDLE-EAST SERVKE Loading for FATMA ANA ADN/JDH/AQA/TRP EXPLORER S DBI/ABU/DOH/BRN/DMM/KWT HANDY DRAGON D«/ABU/DOH/BRN/DMM/KWT ENTERPRISE Dei/ABU/DOH/BRN/DMM/KWT J Toadß Sngapore. E7W Mjtayn. Indoneam 1 I I USA SERVICE I Loadng for488 words
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Advertisement613 2002-09-18 25 ggEpjrMftj ft--1 tj|llt i^=ls==% 58H 0* hm msa vot an m "Saff" ESS Sffi SHE- £™g» jW ESEIZEM "1 wiL SB?S 243— JtTXMI u 52? «/w vm r^mA_J_^_ w/w ~*l7Ti J~™.. r BH SB Ul SM vtssfl J2T sm sit jjm *B==ffl=dffl==sah-m- BMW 5 sg r» >i!» ;QjgLlJgflLL«/»« rrewu mi613 words
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Advertisement121 2002-09-18 26 I LINE 1 I I^*—lfcJ—Van KMW Ik ah NUpai Kmtm ffly u AlNoof |C2oo€ 121/091 04/101 OMIT 115/10 17/10 18/10 Al Noof |C2OOE 21/091 03/101 09/10 I 10/10 ALNogL C2OOE 21/09 15/10 24/10 25/10 27T\0 29/10 30/l0 |C2olE**| 28/09| 15/10 24/10 I 25/10 I 27/10 29/10 30/10 Noiron IC201E"! 28/091121 words
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Advertisement205 2002-09-18 26 CWT GLOBELINK PTE LTD own Officii m TEL:*****833 (36 LIMES) FAX.*****742 M SYDNIY UEIBOUtNfHHAMCK*T KfLANC fAU* GUDANG KUCHING BANGKOK KARACHI BOMBAY NtW DCIHI COLOMBO HO CHI MINH CITYHAIFHONGHANOIBRIMfNHAMBURGTIANJINQINGDAO fUZHOUDALIANXIANBIIJINGiHI JIA ZHUANG DIRECT SAILING TO EAST/SOUTH AFRICA MOMBASA DURBAN <~~L JOHANNESBURG Jf —I CAPETOWN //>\ X PORT ELIZABETH H j Also205 words
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Advertisement47 2002-09-18 26 OWMSTU SHIPPING PTE LTD TIL ******77 FU *77)7007 (I MO **********CK |t Sdfcfi W*k»)f Utai to) J Srfhgi WmUt (fea. W«i H) ImAbi »i Vim| Sn «t CmMmt Pwi 0o« H Ooor FQ/lCiy Tni jiipiiiiiil Fd Cn DwUDw f" mi»n /b— «f Stkm+* Jmk.Smrn Skmh PROJECT CARGO47 words
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Advertisement225 2002-09-18 26 MYANMA FIVE STAR UNE VOT SM pn pn POI OM SHWE HAW 54W SU> PAGAN V3O4W SU> M MAUTSIA: lOUSTUD SHtffWC AGiNCItS lIIL 03-*****300 PIL 03-317*4101 POt 04-2****** BANK LINE (A Mrvka *i A»*.w WW Slriyyii) Vf" 1 NOKTHtOUNP TO EUtOfj~ V CONUMER, ROIO, MUX ft HUVYUFTS vissa sm pn225 words
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Advertisement86 2002-09-18 28 KALIMANTAN 1 DIRECT WEEKLY SERVICE TO 1 iAKARTA/PAIimAWG/DWui I *--> I *i I a mj rum kmm MOWUHBI 14/9? 71/1 IsTT H7t~ I I ikmuwibi It'/n ~m H/i Kmr gwi TT7H~-iT7re—wra—wra—^^l SURAIAYA/PANJANG y Vw Tsw r~sii Fwi OIHA6A U/M lift W7» I I PItAWAMG/PfKAN lABU I fa I SW I86 words
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Advertisement84 2002-09-18 28 FULL CONTAINER SERVICE SIN PASIR QUDANG SIN DAILY SAILINGS [VESSEL I VOY I ETOPGIDAy VDY ETASIVI OHyl PWOCWESS 2663S 17/09/02 TUE 2663N 18/09/Q2 WED COJEXSTM 1567S 18/09/02 T567W~ W~ PHOGHESS 2664S 19/09/02 THU 2664W 20/Q9/Q2 FIB fisifiaisafi JSSK_ _ams2. _HL_ I^l —i 563- 2P/OT/PZ _Hi_a«W 21/P9/Q2 SAT COLDEN ST** I**84 words
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Advertisement75 2002-09-18 28 tTAsntt mmm 18 SEPT COLOMBO, CHENNAI, TUTI 19 Sin SHARJAH, DUBAI, DAMNUM 22 SEPT BOMBAY, KANDU, DONA 27 SEPT YANGON, CHfTTAGOHG Colombo, AM tndwm fart, mnd P. OuW PHOENIX SHIPPING <rrv)m> MONTHLY BREAKBULK SERVICE TO SOUTHERN AFRICA ANO INUAN OCEAN ISLANOS VESSEL NAME VOY SPORE DURBAN PHOENXI I 10/02 18/10/0275 words
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Advertisement57 2002-09-18 28 ETA ETD UMOMOPOR JUN3 23/08/2002 2S/08/2002 SMAMOUKVHXE TROPICAL ROSE 30A3A/2002 XVOQ/2002 PHMOM PENH JUN 3 OVIO/2002 06/10/2002 PHNOM PENH A VUNOTAU (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD SI ANSON ROAD MW-S3 ANSON CENTRE SMQAPORE 0207 TEL «*****07W*****22 TLX R*****0 FAX «22*07» CM WO: **********1 Read57 words
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Advertisement95 2002-09-18 28 5= ESP LINES WW WfflttY LQ SCTVKI TO LAGOS VBSa MUK IVHtT TNMtSMT LOAMNC IVHtT WB AT CPPB MSTtTABL cowvanmui/MttAKiui sav>g ms* WW 30/W/7007 DUUI OMMMM MMiaWKHMIPOt KU*.IWKB)KM»MMtt STOM TtL tRUMI fUL ******17 PlDfi IH; JJJSUJ NUk 5U7711 «t m. *nsm hul anm REGULAR SW6APORE VCTmi SHIVgE vnsos wr iu95 words
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Advertisement774 2002-09-18 29 IWTSTB TIGEI UIDGf OISN 24 75/04 Ol 03/10 0109/10 I OGOISH/UHI OI4N 77 71/04 04 04/10 11 11/10 I neanuNO oi/n 01-02/10 ouo/io 15-14/10 I neapuii 01 in 0445/10 1113/10 i«-i«/io I n«»Bo6^^oi»«»wio^^iWio^nwiol lEH-C-n WsiS 503 mvoi oTWio iTWio I AOOEVEI 34? 2475/04 03W10 13-14/10 I OUJAN 411 7*29/09 OS-07/10774 words
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Advertisement809 2002-09-18 29 |VK»«ABI VOT SMGAPOti PORTRBANO OfTTAGONG MMOA Itt HP FTA FTP FTA FTP KUOHSWW6 08*39 WB> 70/04 21/09 21/09 14/19 29/19 DCTIAI 01R126 «M »/09 23/09 23/09 28/09 02/10 <X**QW 07N047 TW 24/09 ~25/09 25/09 29?09 OVIO OCPWTT 06W050 SAT 28/09 29/09 29/09 03/10 ~~j77Ti lOC LARR 09W035 I BOW 18/09809 words
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Advertisement63 2002-09-18 29 CONFER (S.E.A.) I ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD 15-16 OCT 20-25 OCT WWCT FCULCUCOMVEMDONAL ICMVKII TO»MacTas Gtfcuan Bontioy Kn»i Cokntux CMn Tutoom Catfwt f "HbO»>*»l Hantfmg BWJrtt But PCULCL krvtcn Tm t VR ,a4a Sy<*wy Matxxme Fataalw* B»arTiarti»v«n63 words
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Advertisement996 2002-09-18 29 I /dl |PDZ LINES I B^&K^DBHQffIE^ESEBEXEKEDUfI^E&3OB3 ™»*»n lywlcuoT 27** .t/w groom 7773 20/09 mjam 7743 73/09 imsss** o 2*» 7M» nu n/w [Giswti tm n/w stun n« nJW omm ITs7 ~*T7TT quae —mmm —wT «Mjj6 HU_ H/» lew 7714 14/W MHOQ 774* 29/W CtiAW 2244 07/10 pjjsgoif ~m Imp Si~996 words
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Page 30 Miscellaneous
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Miscellaneous112 2002-09-18 30 K Thunderstorm A Showers Rain a,Ure Wind direction and speed in knots Cloudy Day Wea,her Oc Hazv Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight, < 1.2 m -J—One half fleche represents 5 knots Moderate. 1,2 m 2.5 m I—-One112 words
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Advertisement93 2002-09-18 31 Fov OV\ly o°°O r Talktime 0 mo 0 °o 0 A w Talktime O 000 O o W Pay only a flat rate of S2B" for In one neat little handset, unlimited one-to-one you have a two-way radio communication (Direct Connect) and a mobile phone. Grid not only offers you93 words
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MARTECH 2002
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Article760 2002-09-18 32 The Singapore Maritime Academy (SMA) has kept up with the changing maritime learning environment with its research and development centre. Most words now have an "e" prefix e-commerce, e-learning and e-busi-ness. And terms like "Anytime, Anywhere, Anyone", "just in time" and "performance support systems" are760 words
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Article, Illustration58 2002-09-18 32 George Joseph - George Joseph FgsgaS NWll«fcll«ljHl|'l(aiA) h«mHMb£«4l|; rn^mw+gtm+b IMB CMMCMti altar tar afl» Ante* r, tenßasftoMtoblMancfe *****11 «ta| HMjjwSTIWM. matShtsl^Val^l!^ ■MMtocaftH-totteflpMHc ggU 1 ESSgffSm Mjrtkin aJNrtAaMtytf 0M «f Rs kM: 7V engine room simulator at the Integrated Simulation Centre is the only one in the world that is58 words
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Article, Illustration614 2002-09-18 33 George Joseph - Training alone isn't sufficient to avoid accidents, a mindset geared towards safety is important too. By George Joseph The Singapore Maritime Academy (SMA) is to embark on a study of fatigue to gauge how long the human mind remains alert under shipboard conditions. This is especially important614 words
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Article, Illustration765 2002-09-18 34 A wide range of papers will be presented at Martech 2002. Here is what some industry experts and university professors from across the world have to say about simulation and maritime safety. Professor Svein Rristiansen of the Norwegian University of Science and Technology questions the feasibility of simulation765 words
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Advertisement298 2002-09-18 32 SPOTLIGHT ON SIMULATORS In the last decade or so, concern over marine accidents has focused attention on the use of simulators for the training, performance evaluation and licensing assessment of mariners. There is a wide range of marine simulators bridge, engine, steering and even cargo handling simulators being used and298 words
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Advertisement160 2002-09-18 32 SOCIETY OF NAVAL ARCHITECTS MARINE ENGINEERS SINGAPORE Unit 3, 1010 Dover Road Singapore Polytechnic Graduates' Guild Singapore *****8 Tel: *****982 Fax: *****989 www.snames.org.sg admin@snames.org.com RINA ie THE ROYAL INSTITUTION OF NAVAL ARCHITECTS Founded in 1860, The Royal Institution of Naval Architects is an internationally renowned professional institution whose members are160 words
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Advertisement114 2002-09-18 32 HEATEC Heat Transfer Flow System Specialist Heatec Singapore Haatac Shanghai Tel. *65 *****433 Tel *86 21 *****168 Fax *65 *****347 Fax *86 21 *****088 Email mfoQheetec com sg Email heatecQonline sh cn www.h9at9c.com.sg Heatec (Asm Pad*:) Pta Ltd 74 Turns Avanua 11 Singapore *****3 The international membership body and learned114 words
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Advertisement126 2002-09-18 32 MASTER Alliance MASTER Alliance Secretariat, TAFE NSW Hunter Institute Maritime Training Centre, PO Box 138 Cardiff NSW Australia 2285 Fax: 612 4979 1666 Tel: 612 4979 1610 (> ARI is a premier provider of various solutions to the global maritime industry, with offerings in the following areas: a. Simulation (A126 words
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Advertisement232 2002-09-18 33 OasSn Established since 1976, Jason Electronics has a team of dedicated and highly competent engineers and designers fully equipped to offer a turnkey solution to customer's requirement for marine and offshore industries. Besides integration of sub-systems, Jason Electronics is capable of providing equipment as well as innovative solutions for customers.232 words
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Advertisement129 2002-09-18 33 ABB ABB Industry Pte Ltd INMT Turbochargcrs Division 2 Tuas Lane Singapore *****1 Tel: *****722 Fax: *****126 Email: nick.yong@sg.abb.com (Turbochargers) maik.stoevhase@sg.abb.com (Marine) Website: www.abb.com Ashland® ASHLAND SPECIALTY CHEMICAL COMPANY DREW MARINE DIVISION Drew Ameroid® Singapore Pte Ltd, 27 Tanjong Penjuru, Singapore *****5 Telephone: 65-*****544, Fax: 65-*****959 THE SOURCE FOR MARINE129 words
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Advertisement230 2002-09-18 33 HARTECH 2002: Looking for solutions Jointly organised by the Singa- is "Maritime Accidents: Is Simu- views, experiences and innovapore Maritime Academy and the lation the Answer?" tive and challenging ideas relatMaritime and Port Authority of The aim of the conference is ed to safety, pollution and simuSingapore, Martech 2002 will230 words
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Advertisement255 2002-09-18 34 INDUSTRIAL LUBRICATION The Industry Leader with PTFE TECHNOLOGY Protection like "wet ice cn wet ice" With proprietary formula, SX-6000, QMI produces PTFE resins that suspend easily In carrier oils and pass readily through standard oil filters. QMI has proved to reduce friction up to 88% in more than 100 countries255 words
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Advertisement157 2002-09-18 34 I e Marine Propulsion and Marine Auxiliary Systems from 60 kw to 1490 kw Cummins Engine (S) Pte Ltd 8 Tanjung Penjuru Singapore *****9 Tel: 6 *****55 Fax: 6 *****05 website: www.cummins.com KONGSBERG KMSS is the world's largest supplier of ship automation and control systems. More than 17.000 ships are157 words
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Advertisement58 2002-09-18 34 Total Business Solutions For The Maritime Industry Email: sales.sg@xantic.net Website: www.xantic.net Xantic Former Station 12 and Spec Tec Tel: +65 6226 0804 Fax:+6s 6223 5162 Email: richard.john@xantic.net Website: www.xantic.net Support: Email: support.sg@xantic.net +65 6220 7116 sns SGS TESTING CONTROL SERVICES SINGAPORE PTE LTD 26 Ayer Rajah Vrescent Singapore *****4 Tel:58 words
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Advertisement148 2002-09-18 34 S Viking is one of the world's foremost supliers of Marine Safety Equipment. Viking offers a worldwide service and sales through a network of 14 subsidiaries and more than 300 authorised service stations. The Viking range of product includes Inflatable Liferafts, Marine Evacuation Systems (MES) Rescue Boats, MOB Boats, Lifejackets,148 words
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