The Business Times, 4 October 2002

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Total Pages: 40
1 40 The Business Times
  • 14 1 MITA (P) 010/03/2002 85* THE BUSINESS TIMES SINGAPORE Iniomet: httpiVbusiness-times.asial.com.sg FRIDAY, OCTOBER 4, 2002
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  • 73 1 □m UOJ6 (-3.45) □wapgHifum 1^57J0 (+2.00) smsaronxEs H WMO (unch) STOCK MASXET INDICES Thursday Change KLSE COMP (46.42 -0.06 NIKKEI 226 8336.43 -***** HANG SENG 8,984.32 -125.09 SET INDEX 336.56 +1.12 JAKARTA COMP -408.43 -1.07 MANILA COMP .1,***** -11.42 TAIPEI WP! 4,175.98 -96.78 SEOUL COMP dosed SHENZHEN B
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  • 66 1 FOBEX BATES USS St I SS (S$ per USS) 1.786 £(US$/S$ per 1570 1805 Emo(i;si«s/E). o«« i.7« YEN 1218 68.70 RM 1800 2.127 HKS im 4.M6 BAhT 4357 24.39 RUPIAH 9,010 6,044 PRIME RATES SINGAPORE* £.26 KUALA LUMPUR MO HONG KONG 6.126 JAKARTA 39.00 TAIPEI 6 625 TOKYO U76
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  • 699 1  -  $745 m bid is 3 cents per share above MBO offer; Temasek among partners of new bid By Loh Hui Yin, David Boey [SINGAPORE] Hotelier Ong Beng Seng, backed by Temasek Holdings, launched an offer for Nat Steel last night springing a surprise on
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  • 543 1  -  It also cnts penalty for directors who come forth voluntarily By David Boey [SINGAPORE] The Inland Revenue Authority of Singapore (IRAS) has made some concessions to company directors who may owe it back taxes on interest-free or subsidised loans they
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  • 493 1  -  From Macabe Keliher in Taipei WITH worldwide equity markets at their lowest in four years, Taiwan's Chunghwa Telecom Co has postponed its overseas share offering .md joined the ranks of companies around the world putting their fundraising plans on hold. The move came one
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  • 86 1 [SINGAPORE] There are only eighfmore nights to go before the official opening of the Esplanade-Theatres on theßav oruOct 12. The $600 million arts centrewill open with Reminiscing the Moon, afull-length dance piece by Singapore Dance Theatre and choreographed by Indonesian Boi Sakti. This commissioned piece,
    ARTHUR LEE  -  86 words
  • Page 1 Advertisements
    • 87 1 DBBPB BT Comment R Slvanithy: The heart of the delisting issue. Pg 3 Executive Lifestyle |L i Fusion healthcare: Narrowing the East-West divide. Back Pagm Top stories Sept manufacturing stages surprise pick-up. Next Paga Thaksin's bold cabinet reshuffle wins praise. Naxt Paga Keep investment deposits out of scheme: bankers. Pg
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    • 22 1 'Ex-Enron colleagues have called him prickly and abully. But he could also be charming and generous* Profile ofEnron's fast Andy', Pg 22
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    • 5 1 For those with instinct. n\
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    • 49 1 US West Coast port row n-wo Port strife may spark East Asian recession: Morgan Stanley mpgi7 APL, partners review options in the face of delays Shipping Times, Pgl Plnetreebfd Fierce counter bids fail to stop Peter Kwee Next Page PSC stake Hanny denies LiKa-shing link in PSC stake UPg3
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  • NEXT page
    • 428 2  -  on the economy manufacturing PMI inches up to 51.6 bat manufacturers brace for decline in demand ahead By* Chuang Peck Ming [SINGAPORE] After easing in August, the pace of recovery in the key manufacturing sector staged a surprising pick-up last month, the latest Purchasing Managers'
      Source: SIPM  -  428 words
    • 869 2  -  Motoring tycoon had to revise his offer up to $101 m By Ven Sreenivasan, Conrad Raj [SINGAPORE] Motoring tycoon Peter Kwee has clinched the Pinetree Club property despite a flurry of last-minute counter-bids by other contenders. Sources told BT that cinema operator Eng
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    • 391 2  -  From Harish Mehta in Bangkok THAI Prime Minister Thaksin Shinawatra carried out a bold cabinet reshuffle yesterday, winning praise for the most wide-ranging bureaucratic reforms in 110 years. The move, analysts said, would help business and the economy by cutting redtape once and for
      391 words
    • 95 2 IN the Oct 2 report, "K I Auto to sell Korean brand Ssangyong here", we gave the impression that the company's managing director Chee Seok Yong owns Eastern Navigation. Mr Chee does not own Eastern Navigation, although the company is a shareholder of K I Auto and both companies
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    • ON THE grapevine
      • 91 2 LEHMAN Brothers is raising its profile in Singapore after scaling back earlier in the year. It has appointed Catherine Loh as a senior vice-president and general manager of its Singapore branch, from next Monday. She will report to Kirk Sweeney, managing director, head of fixed-income
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      • 70 2 RAISING rents in today's market may sound crazy, but Capita Land is doing it. It is jacking up rents for shops in Caltex House in some cases, by one-third. An optician on the second floor, for example, has been told he has to pay $16 per sq ft
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      • 54 2 KPMG Consulting, which has bought Andersen Consulting, has changed its name to Bearing Point, Inc. The move will result in the change of 16,000 business cards, conversion of 16,000 e-mail addresses, the launch of a new global website, and the replacement ofsoo signs in almost 188
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  • Page 2 Advertisements
    • 363 2 Statement of Accounting Standard No 33 Financial Instruments Recognition and Measurement Statement of Accounting Standard No 33, which will be effective for financial periods beginning from 1 January 2004, establishes, for the first time, accounting and reporting standards for financial instruments particularly for derivative instruments and hedging activities. These changes
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  • SINGAPORE companies
    • 340 3  -  Shareholding 'absolutely held for Hanny', HE firm tells PSC MD By Siow Li Sen HONG Kong-listed Hanny Holdings Ltd has denied being a proxy for anyone when it bought into Singapore's Provisions Suppliers Corporation. The company took a 27.5 per cent
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    • 430 3 Analysts expect $210 m earnings for period, compared to $252.8 m last year Reuters SINGAPORE defence contractor ST Engineering Ltd is seen posting lower profits for the nine months to Sept 30 due to sluggish US airline business after last year's attacks on
      Reuters; FILE PHOTO  -  430 words
    • 758 3  -  IrTSTSTTI lock siew r sivanithy THE issue of how best to handle the increasing number of delistings on the local exchange has received a fair bit of attention lately. First, the Securities Investors Association of Singapore (SIAS) wrote to the Singapore Exchange (SGX) suggesting
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    • 568 5  -  Study team finds it a viable option; bat there's no decision to go ahead yet Byi Conrad Raj SINGAPORE Airlines may go it alone in setting up an airline in Australia. A small study team led by its senior vice-president for the South West
      AFP  -  568 words
    • 380 5  -  'Severe difficulties' and SGZ unable to help, it says By Wong Wei Kong LISTED companies are often taken to task for tardy disclosure but for six-and-a-half hours on Wednesday night, Excel Machine Tools was desperately trying to release information
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    • 423 5 It is not fazed by Asian firms' moves to scrap bond sales Bloomberg MOBILEONE Asia Pte Ltd is sticking to plans to sell about SI9OO million of shares this quarter, even as other Asian companies scrap debt and equity sales due to
      Bloomberg  -  423 words
    • 117 5 STATE Street Global Advisors, the fund manager for the exchange traded Straits Times Index tracker fund, yesterday announced the fund's first interim capital distribution. streetTRACKS STI will make a distribution of 25 cents per share. The ex date is Oct 9,2002, and the record
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    • 192 5 MAINBOARD listed auto parts trader, Tye Soon Ltd, has responded to a recent call for companies to separate the roles of chairman and chief executive officer by reshuffling its senior management. The recommendation that the two offices be separated was made by the Code
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    • 294 5  -  Asti reverses optimistic March forecast; Advanced expects significant interim losses By Siow Li Sen TWO companies yesterday revised downwards their prospects for the current year, blaming the depressed semiconductor industry. Asti Holdings said it no longer expects its performance to improve
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    • COMPANY Briefs
      • 44 5 PACIFIC Century Regional Developments Limited (PCRD) said it bought 14.75 million shares in PCCW Limited at an average HK$l.O4 per share. This brings the Singapore-listed PCRD's stake to about 33.09 per cent of the issued share capital of PCCW.
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      • 35 5 SEMBCORP Industries on Wednesday said H<rnrtn»K Shanmugam has bought 27,000 shares of Chartered Semiconductor Manufacturing Ltd at 10.975 per share. With his latest purchase, Mr Shanmugam now owns 180,000 Chartered shares.
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      • 74 5 PARTIES related to the United Overseas Bank (UOB) continued to buy shares in the group's listed stockbroking arm UOB-Kay Hian Holdings Limited. Wee Ee Chao, who heads the broking unit, has been buying shared on the open market for the last few weeks
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      • 58 5 DATACRAFT Asia Ltd said it holds through its wholly owned subsidiary, Datacraft Malaysia Sdn Bhd, 30 per cent of the equity in associated company, Aliran Info Sdn Bhd. The remaining shares are held by unrelated third parties. Aliran is into trading in communications and computer
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      • 59 5 DARCO Water Technologies Limited has set up s a new unit in the Philippines. Established Aug 15, Darco Environmental Philippines will design, install and commission treatment systems for water purification, treatment of waste water and other waste discharge for industrial use. The new company will not
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      • 111 5 Bernama [KUALA LUMPUR] Edaran Otomobil Nasional Bbd's (EON) shareholders voted for the company to accept the voluntary conditional partial offer for ordinary shares of Ssl each in Cycle Carriage Ltd ((XL) made by Jardine Strategic Holdings Ltd. This transaction is expected to reap between
        Bernama  -  111 words
      • 64 5 Bernama [KUALA LUMPUR] YTL Corporation Bhd has received Securities Commission's (SC) approval for its proposed acquisitions and the listing of the new YTL Land and Development Bhd's shares, the company told the Kuala Lumpur Stock Exchange. The propoeed acquisition will increase the land bank
        Bernama  -  64 words
      • 49 5 SESDAQ-LISTED Enzer Corporation yesterday announced the launch of its new suit of networking products through its subsidiary, Enzer Networks Pte Ltd. This is a major initiative taken by Enzer to expand its product base and establish itself as a one-stop hub for businesses' networking needs.
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 588 4 I and takes pleasure in extending a warm welcome to '"T, M-. it is a great pleasure to be In Singapore to celebrate the >~ -HHr~ £*4 Miyauchi assaKrasssarK: in K ndud^v ftnandalimttortions;iinrli•'■jjjflll&k Chairman and consecutive terms by creating Innovative financial r J* us,ness > and sin gapore banking partners
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  • SINGAPORE markets
    • Article, Illustration
      273 6 OTHER SINGAPORE INDICES cum! ""J? 1 ~£5$V ft 4jJ5* H "V". V v WWW -033.00 -76.00 f CM» -*****.00 -61XX) S!ME* -*****.00 -63.00 mmim* 355.06 o.m 103.56 -0.31 11M.33 -8.87 331.63 -1.17 MBtlWW 166.91 -0.26 ••OWm 167.40 unofi 11 1 IB,482,000 BH-tn«US20c 12,869,000 CWranZSc 1X483,000 10,502,000 Pac«cC«*»ylOc 9,123,000 Ww»TyWP4iQ27 7,505,000
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    • 304 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan EVER notice how some stocks suddenly soar to new heights despite the absence of significant newsflows or announcements? Also, ever note how many of them also fizzle out just as fast? Take New Wave
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    • 800 6  -  comment STOCKS r. sivanithy IT says a lot about yesterday's stock market action when the most exciting developments, as far as dealers were concerned, were watching Japan's Nikkei Average and Hong Kong's Hang Seng Index sink below their respective 9,000 levels, and betting how close
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    • 582 6  -  comment cußribjciea Western cvnadet mike better gains; Ari&a units affected by Nikkei low larry wee THE US dollar was nudfled back lower again across the board yesterday, after Wall Street suffered a 2 per cent relapse on news that US lawmakers had reached agreement
      Source:  -  582 words
  • 1808 6 UNIT TRUSTS FUNDS UTTnffTTBI—Com Global HaaKh We* Fd 0 77* Com Gtab»l Telecom lnd«Fd 0 34V Com Global Infotec Index Fdl" 0-232/ Com Global £nw» mde* Fd fl 8Cfo Star Europe Ecty" 0.581/ Com Global Tr»»iftidBKW 0 64V Star Europe Bd_ 1.094/ Com Spore lend Ft**V A 106* Star Europe
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  • SINGAPORE news
    • 810 7  -  While not all S'pore&ns would stay pat, he's counting on some to come back By Eugene Low HE may be the Deputy Prime Minister, but all the same, Lee Hsien Loong is fair game for migration agents. "Even I was recently made
      ZAOBAO  -  810 words
    • 367 7  -  USs34m facility is Singapore's first plasticiser producer By Arthur Poon CONTINENTAL Chemical, a leading manufacturer of intermediate chemicals and specialty resins, opened its new US$34 million plasticiser manufacturing facility on Jurong Island yesterday. The plant with an annual capacity of 100,000 tonnes, will
      367 words
    • 274 7 CAPITALAND is eyeing the development of financial products for the Malaysian real estate market as part of its strategy of growing feebased income. The listed property giant yesterday announced that its unit, Capita Land Financial, owns an indirect wholly owned subsidiary, Bond Light
      274 words
    • 545 11  -  MAS says basic deposit products will be insured; others are nnder study in 2nd phase By\ Siow Li Sen BANKERS say the proposed deposit insurance scheme should not cover deposits with investment element and which are used as collateral. Some bankers also wonder
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    • 395 11  -  By Siow Li Sen HAD Singapore's credit bureau started earlier, some people who are now facing bankruptcy might not have been overstretched in the first place, said a credit risk expert recently. A credit bureau will likely mean the phenomenon of people holding
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    • 536 11  -  Aon's Preferred Care gives access to 17 top US hospitals By Cheah Ui-Hoon AN innovative medical insurance programme has been launched in Singapore which offers Asians access to top-ranking medical hospitals in the United States for critical illness treatment. Aon Singapore, an insurance
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  • Page 7 Advertisements
    • 177 7 my point of view Introducing the Leica Digilux 1. 4-4 wm~ #vi v*. ui. The world's first 89 year-old digital camera. The Leica Digilux 1 is a unique digital camera. It combines the unparalleled optical performance of Leica with the practicality of a digital camera. Indeed, the Leica Digilux 1
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  • Page 8 Advertisements
    • 340 8 le de L I in celebration of the 30th year of the Royal Oak. A watch dedicated to innovation and inspired by the original, while gffim?m^/7e^^/e^^^. 0 neiv generation of Royal Oak watches. A asymmetrical harmony made up of the power-reserve revoluijffg Ummrtthnaf tkUi tAk where two master watchmakers who
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  • Page 9 Advertisements
    • 371 9 y en s#/3, en .J. SwJ^2€ Tradition has j f T it that Charles 11, King of England, exile, sought refyge /f/' from his pursuers inside a hollow Royal Oak, a tree considered sacred QxsJ in ancient times. Two centuries later, as a tribute to this sovereign/ the British named
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  • Page 10 Advertisements
    • 964 10 w WMtflimwj I 111 lu W| f I IVJOJ VUIWWWI -T, fcvvi adicrtiae caM toU-frtc 1800 289 8*22 Eauil recrjMi§-<»*-*g PHOON HUAT AND COMPANY (PRIVATE) LIMITED (Incorporated in Singapore) 37 MocTaggart Rood Phoon Huot Industrial Building Singapore *****3 LOST SHARE CERTIFICATES Nohc» is hereby giv»n iHat ike following shore certrficotes
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    • 987 10 IN THE MATTER OF THE COMPANIES ACT, CAP. SO [Section 290(2Hb)] AND IN THE MATTER Of ALEXANDRA HOLDINGS LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at S Cross Street #17-00 PWC Budding Singapore *****4 on the 27H» day of September
      987 words
    • 1169 10 PHOON HUAT HOLDING (PRIVATE) LIMITED (Incorporated in Singapore) 37 MocToggort Rood Phoon Huot Industrial Building Singapore *****3 LOST SHARE CERTIFICATE Notice is hereby given that the following shore certificate has been reported to* Nnmt af Shanhfltitr t^lka—i*. No. of or siw»«. Wong Chin Wee 39 60.000 Notice is olso hereby
      1,169 words
    • 1102 10 IN THE MATTE! Of THE COMPANIES ACT, CAP. SO [{Sadie* 290(2Mb|] AND IN THE MATTER Of TAIYO KOGYO TRADING SINGAPORE PTE LTD (In Mmben' Voluntary liquidation) NOTKE Of RESOLUTIONS A# an Exftaordinary General Mmingof ihe Company held at Crow Shoot •17-00 PWC Building Singapore 04*424 on die 3Qhdoyof Septembei 2002.
      1,102 words
    • 1375 10 IN THE MATTER OF THE COMPANIES ACT. CAP 50 PURSUANT TO SECTION 290(2Xb) and IN THE MATTER OF PIN TJOE PRIVATE UMITED (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company dulv convened and held at 150 Orchard Road #07-03/04 Orchard Plaza Singapore *****1
      1,375 words
    • 1009 10 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 50 LUCENT TECHNOLOGIES SINGAPORE HOLDINGS PTE. LTD MEMBERS' VOLUNTARY UOUIDATION AI an Exfroorcfcnory General Meeting of Ae Company cannoned and hold al 7SOA Choi Owe Rood 40*02 Technepari Choi CJ«ee SAgapete *****1 on Ae Xlb day of Saptotabar 2002 Ae lolootki retohtkons
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    • 1189 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INTERNATIONAL VENTURES ft TRAVEL (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HERESY GIVEN pursuant to Section 308( 1) of the Companies Act, Cap. 50 that die Firvol Meeting ol Members ol the abovenamed Compony
      1,189 words
    • 754 10 WTMi MATTER OFTNECOMPAMB ACT. CAP.BO AMD JBOTY PIIOOUCTWMI PTf LTD M MEMBOtS' VOUJWTAKY UQUMTION At an Extraordinary General Meeting of the ebovenemed Compan. convened end held at 141 Middle Road eOSO3 GSM Building Singapore *****6 on 30 September 2002. the toHowe* resolution* were peeeed: L MJKML NBOUmON Thet the Compeny
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  • Page 11 Advertisements
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  • EDITORIAL & opinion
    • 756 12  -  STT bottom line OPINION malthew hynn The writer is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg GENERALS have a long tradition of fighting the last war. Financial regulators seem intent on copying them. Offer them a crisis, and
      Bloomberg  -  756 words
    • 93 12 'I love him, he loves me. We repeat this to one another twice a day.' Jetut-Reae Fonrtoa CEO of Vivendi Universal SA, on his relationship with Barry Diller. Mr Fourtou made his comments during a press conference in Paris. Mr Diller heads Vivendi'sfilm and television businesses in
      93 words
    • 600 12 EDITORIAL MCDONALD'S has proved, for well over a decade, that retirees can have a new lease of work life flipping beef patties and taking fast-food orders. Now nursing may well be the next sector to see an influx of older faces. Despite the success of McDonald's
      600 words
    • 994 12  -  A new generation of leaders schooled in the old ways, bat savvy about modern methods stand poised to quicken the pace of change throughout Asia Byl Frank-Jurgen Richter Pamela CM Mar The authors are with the World Economic Forum (WEF), an independent
      AFP  -  994 words
    • 1021 12 THE BankThai privatisation was expected to be straightforward. After all, the bank formed through the merger of ailing financial institutions in the wake of the 1997 crisis boasts one of the strongest and cleanest balance sheets in the sector, thanks to a buyout of bad loans by taxpayers. BankThai
      1,021 words
    • 379 13  -  MAILI rem Tan Chade Phang, Roger Managing director Ascend Technology Partners PteLtd I REFER to the letter "Warrant 'quitters' can benefit too" by Denis Distant (Mailbag, Sept 30). In essence, the price of a warrant is affected by a few factors, including
      379 words
    • 183 13  -  Chia Hui Ping Singapore I REFER to "Warrant 'quitters' can benefit too" by Denis Distant (Mailbag, Sept 30). Mr Distant wonders how the price of an expiring out-of-the-money warrant can rise if its life is extended for another five years. An out-of-the-money warrant fetches a
      183 words
    • 379 13  -  Ang Hao Yoa Singapore I REFER to the letter "Warrant 'quitters' can benefit too" by Denis Distant (Mailbag, Sept 30). In the article, the writer supports the argument that warrants which are at risk of expiring worthless should be extended. The
      379 words
    • 173 13  -  Chua Kian Soon Singapore I REFER to "Comfort boycotts BT journalist" (BT, Oct 2), and would like to underscore my fullest support for your journalist, Christopher Tan, who has done a good job of promoting corporate transparency among Singapore's publicly-listed companies. Since his article on the
      173 words
    • 134 13  -  Leong Sze Hian Singapore I REFER to the report "Comfort boycotts BT journalist" (BT, Oct 2). Comfort is a publiclylisted company, and Christopher Tan was merely reporting public information available in its annual report. It is in the interest of the investing public, Comfort's
      134 words

  • Page 13 Advertisements
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    • 2739 13 VOLUNTARY CONDITIONAL CASH OFFER by STANDARD CHARTERED BANK for and on behalf of 98 HOLDINGS PTE. LTD. (Incorporated in the Republic o» Singapore) to acquire all the issued ordinary shares of 550.50 each in the capital of NATSTEEL LTD (Incorporated in the Republic Of Singapore) I introduction I Vallance Resources
      2,739 words

  • Page 14 Advertisements
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  • REGIONAL news
    • 277 15 Bloomberg [KUALA LUMPUR] Shares of Renong Bhd, taken over by the Malaysian government last year, tumbled by almost a fifth to a four-year low after it said it needs to raise RM4OO mUlton (SslBB million) to stay afloat. Renong feU for a second day,
      Bloomberg; Source: Bloomberg  -  277 words
    • 193 15 KUALA LUMPUR Reuters MALAYSIAN hotel and property group Pernas International Holdings Bhd has named a new chairman and a new chief executive as part of a shake-up following a takeover by well-connected businessman Syed Mokhtar Albukhary. The company said new chairman Megat Najmuddin Khas,
      Reuters  -  193 words
    • 403 15 MALACCA M'sia to take over chairmanship of OIC next year AFP OIL should be used as a weapon to protect the interests of Muslims, Malaysia's Prime Minister Mahathir Mohamad said yesterday. "If we reduce oil output, prices will rise. It can be
      AFP  -  403 words
    • 506 15  -  Creative opens its biggest factory there; EL firm CTRM bags deal to make plane parts From] Eddie Toh in Malacca THE historical state of Malacca added two feathers to its cap yesterday in its bid to help Malaysia's push towards high-end manufacturing. The first
      FILE PHOTO  -  506 words
    • 513 16 Yang Bin however denies arrears are linked to Euro-Asia Reuters [BEIJING] China is demanding back taxes from orchid grower Euro-Asia Agriculture (Holdings), whose chairman has been picked by North Korea to run a new special economic zone, the semi-official China News Service
      Reuters; REUTERS  -  513 words
    • 503 16 KUALA LUMPUR Barriers include poor DP protection, shortage of local talent and VCs Reuters MALAYSIA'S plans to create a biotech hub could be crimped by weak provisions for protection of intellectual property (IP), its lack of local talent and poor access to biotech-sawy
      Reuters  -  503 words
    • 246 16 JAKARTA Reuters INDONESIA'S bank restructuring agency (Ibra) yesterday said it plans to sell around 60-70 trillion rupiah (5511.9-13.9 billion) in non-performing loans to raise cash for the state starting tomorrow. Ibra is in charge of selling assets worth some 600 trillion rupiah
      Reuters  -  246 words
    • NOTE Book
      • 68 16 Reuters IHONG KONG] Standard Chartered Rank plane to list shares in Hong Kong on Oct 31, where it generates about one-third of its pre-tax profit, a market source said yesterday. The listing will come after the sale of new shares worth between
        Reuters  -  68 words
      • 66 16 Reuters (HONG KONG] Henderson Land yesterday mm its annual net profit fell 51 per cent to HK«2.15 billion (*****.4 million), lagging expectations as turnover from new developments fell. The consensus forecast from Multex Global Estimates was for HKS2.S billion net profit for the year ended
        Reuters  -  66 words
      • 82 16 Reuters [KUALA LUMPUR] Malaysia's Commerce Asset-Holding said it has taken frill control of its investment banking arm CIMB as a prelude to listing the unit The nation's second biggest lender said it has agreed to buy an 11.7 per cent stake in CIMB from
        Reuters  -  82 words
      • 63 16 AFP [BEIJING] New firms in China could receive tax breaks if they employ workers laid off by state-run companies, the China Daily mm yesterday. The scheme—announced just weeks before a Communist Party meeting which is tipped to unveil China's first leadership change in over
        AFP  -  63 words
      • 54 16 Bloomberg [JAKARTA] The World Bank said it may increase its lending to Indonesia from an estimated US$4OO mill ion a year, once the government makes additional commitments to overhaul its economy. "Looking ahead, the World Bank remains committed to supporting Indonesia." Andrew Steer, the
        Bloomberg  -  54 words
    • 260 16 KUALA LUMPUR AFP ASIAN government and business leaders gather here Sunday for a World Economic Forum (WEF) summit to seek ways to rejuvenate growth and deflect a looming crisis amid global uncertainties. Asia's recovery from the crippling 1997-1998 financial crisis remains fragile amid
      AFP  -  260 words
    • 318 17 US POKT STRZFB AFP [SINGAPORE] A prolonged shutdown of ports in the US West Coast could trigger a recession In East Asia as most of the region's exports to the US market pass through these gateways, a Morgan Stanley economist said
      AFP  -  318 words
    • 426 17 HONGKONG Cheung Kong, Son Hung Kju trying to push price hikeBofnptos% Bloomberg CHEUNG Kong Holdings Ltd and Sun Hung Kai Properties Ltd, Hong Kong's biggest developers, are increasing home prices, attempting to convince buyers a fiveyear slump has ended. But analysts say they may not
      Bloomberg  -  426 words
    • 239 17 HONGKONG Bloomberg MTR Corp, a Hong Kong government-controlled rail operator, invited Cheung Kong (Holdings) Ltd and 15 other developers to bid for a HK$6 billion (SSI.4 biUion) real estate development above its Tiu Keng Leng station. MTR is looking for
      Bloomberg  -  239 words
  • Page 15 Advertisements
    • 40 15 I "THE GOLD STANDARD TURNS PLATINUM." THE NEW YORK TIMES "HANDS DOWN THE CAR OF THE YEAR FOR 2002." THE DETROIT NEWS "BEST PICK." INSURANCE INSTITUTE FUR HIGHWAY SAFETY —ii <>■ jj .J x \lf < r A I a 1 I
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  • Page 16 Advertisements
    • 467 16 *****8* <811/B«ailr<cr»it»»»h.cw g IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [Section 290(2Hb)] AND IN THE MATTER OF STELUX WATCH HOLDINGS UMITED (In Members' Voluntary liquidation) NOTICE OF RESOLUTIONS At on Ettaordinary General Meeting of the Company heid at 27th floor Stelux House 69t Prince Edward Road Eat* San
      467 words
    • 445 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SB AND FAIRWOOD SINGAPORE PTE LIMITED (IN CREDITORS' VOLUNTARY WINDING UP) NOTICE OF APPOINTMENT AND SITUATION OF OFFICE OF LIQUIDATORS Nunc of Company t-airwood Singapore mill il Company No: **********. We. John Teo Cheng Lok and Gerald Uxwig Sie Kiong. both care
      445 words
    • 349 16 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF M.OEMENDAEI CONSULTANCIES (ASIA) PTE LTD (In Mtmbtn Voluntary Winding-Up) NOTICE IS HEREBY GIVEN pursuont to Section 308 of the Compomet Ad, Cap. 50, thot a Final Meefcng of the Mtnbtri of the Company wit be held
      349 words
    • 327 16 IN THE MATTE* Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GREEN CLUB LTD (Company No: *****0673W) (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract of the Minutet of on Extraordinary Generol Meeting of GREEN CLUB LTD held at 141 Mariet Street, Stamford Room I Level 3, International Factor Building,
      327 words
    • 335 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of WIELDRECHT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Ad, Cop. 50, that a Final Meeting of the Members of the obovenomed Company
      335 words
    • 603 16 SAMUDERA SHIPPING LINE LTD (Incorporated in the Republic o»Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Conference Room, 72 Anson Road #07-03, Anson House. Singapore *****1 on 21 October 2002 at 10.30 am for the purpose
      603 words

  • Page 17 Advertisements
    • 102 17 APL, partners rrotew? options in face of delays, Shipping Times Pgl UNIQUE? WAIT TILL YOU SEE I THEM IN THEIRTR U E COLO U RS! 4-13 Oct BT 0^ ff-SFF u 88 u PSTTTTTS gg) glplr 93 [Mil m J0 s 1 K Ml K l.l(,llll\(,(IMR( 40 icilcin rrmimpin "03
      102 words
    • 298 17 2-litre V 6 engine for^ smoother driving p fW jy v. pleasure. MORE GREAT REASONS TO DRIVE A CEFIROI iO QO/nl *2.3% interest p.a* Interest-free instalments for 6 months |l l i *1 a n sensor Car alarm system with keyless entry control iimbwii«i mm ■jt Body-coloured reverse parking sensor
      298 words

  • Article, Illustration
    1024 18 Transaction date: Oct 3 DTBEBAMl CROSS RATES 5! C$ —fc Ur» HK$ M* Htm 1m 9m Kt m Ntt» Hm St IK Sir fjj 8*t N-4 tfSS 0.866 4.523 0451 4251 ***** 49.100 0.669 Urt 1071 LI44 ***** ***** 0.973 1614 0j04 19.071 23.743 0 J47 0345 MMdi U55
    1,024 words
  • 1383 18 SICOM FUTURES cms Mnunmu(nommk*o K5i(s«flUAa) am VMhn Obm *5£ f in M mZZ MavOZ OL2s Doc 02 Sua Jan 03 v b£?5 1*75 RSSSotScnti/tq) Votano Obm •55 1" f MM (Hwi) Irtoroot «"<* MJO MJO MJO 390 1350 0K02 MJO 84.00 MJO 400 2000 jmto 84.50 13.75 MJO 875
    1,383 words
  • WORLD news
    • 562 18  -  Team to work out measures to solve Japan's banking woes From Anthony Rowley in Tokyo MAINTAINING momentum on the Japanese government's drive to put an end to the chronic problems in the nation's banking sector, newly appointed financial services minister Heizo Takenaka yesterday
      562 words
    • 275 18 TOKYO Venture targets sales of 900byenby FY2004 Bloomberg Reuters HITACHI Ltd and Mitsubishi Electric Corp, Japan's third- and fourth-largest chipmakers, will merge most of their semiconductor units on April l, after the industry sustained record losses last year. Hitachi will transfer its entire chip
      Bloomberg; Reuters  -  275 words
    • 297 20 SUNNYVALE Bloomberg Reuters ADVANCED Micro Devices Inc (AMD) shares fell as much as 24 per cent yesterday after the Intel Corp rival said slack demand and increasing inventory caused third-quarter sales to drop more than forecast. The stock was down by US$l.27
      Bloomberg; Reuters  -  297 words
    • 547 20 LATEST US INDICATORS New orders index also up, lrat layoffs quickened; CEOs' confidence index falls farther Reuters AP, AFP [NEW YORK] US service sector growth picked up in September to its fastest pace since July, a report said yesterday, casting doubt
      Reuters; AP,; AFP  -  547 words
    • 278 20 NYT INEW YORK] The New York Stock Exchange said that Bear, Stearns had intended to place an order to sell US$4 million worth of stocks in the Standard Poor's 800 Index, hut Instead asked to sell US$4 billion. The order was entered about
      NYT  -  278 words
    • 375 20 WASHINGTON Former VP advises Bush to reassess his economic policy AFP. Reuters THE US economy is in "big trouble" and President George W Bush must completely reassess his economic policy, former US vicepresident A 1 Gore said on Wednesday. A survey
      AFP.; Reuters  -  375 words
    • 374 21 NEW YORK Reuters BUYOUT funds, which couldn't put the billions of dollars raised during the 1990s to work as the markets cooled, now say more opportunities are opening up. A small group of top private equity bankers, gathered in
      Reuters  -  374 words
    • 356 21 SYDNEY AFP AUSTRALIAN Trade Minister Mark Vaile has emerged empty-handed from talks in Washington to try to interest the United States in a bilateral free trade agreement, it was reported yesterday. Although Australia is second only to Britain in the strength of
      AFP; REUTERS  -  356 words
    • 351 21 SAN FRANCISCO Its error-reporting service has helped to reduce crashes NYT MICROSOFT on Wednesday released data about its Watson online error-report-ing service, which the company says has had a significant impact on increasing the stability of its software. The company has struggled in recent
      NYT  -  351 words
    • 406 21 NEW YORK Move by TIAA-Cref And C&lpers seen rocking shareholder voting season FT IN a move that could make the US annual shareholder voting season the most confrontational on record, two of the most powerful US pension funds are preparing
      FT; BLOOMBERG  -  406 words
    • 373 21 WASHINGTON Mm to protect US mills is attacked fcj wire makers NYT A FEDERAL trade panel approved duties as high as 369 per cent on imports of steel wire rods on Wednesday, a move that will shelter American mills but
      NYT  -  373 words
    • 762 22 Called to account —Enron's fast Andy' Once hailed as among the best, Andrew Fastow has been charged with defrauding Enron investors NYT THOSE who know Andrew S Fastow, the man at the centre of the Enron scandal, say they often got the sense that he had something to prove. He
      NYT; AP PHOTO  -  762 words
    • 362 22 NEW YORK Clients' execs got preferential share allocations: panel NYT A CONGRESSIONAL committee is accusing the Goldman Sachs Group and two other investment banks of rewarding senior executives of their corporate clients with preferential allocations of new stocks, according to a committee
      NYT  -  362 words
    • 424 22 WASHINGTON US firms have to show how such results differ from those that comply with roles Bloomberg THE Securities and Exchange Commission (SEC), under orders from Congress, is preparing a rule to require companies that publish "pro forma" financial results to explain how
      Bloomberg  -  424 words

  • Page 19 Advertisements
    • 199 19 t Introducing KPMG Consulting's New Name AND Era Of Empowerment. I We have done more than just change our name to Bearing Point, what we have our present and future clients more than our name. We have chartered a new not changed is our mindset—the desire to just consulting. By
      199 words

  • 4220 20 Transaction date: Oct 3 for more, go to wwwxisixumervmarketsjccrm HONG KONG KG Holdings 353 -003 792 u Jiangsu Express H J OB -003 3024 w JunguNandasoftCoH .0.49 001 0 SBSBSE -2 ,28 iSSas-„"::r;::JS SSJ S SSISS S3 2 taap^, M= :ia SS S i® IS ,c K iSST£S,
    4,220 words
  • Page 20 Advertisements

  • Page 21 Advertisements
    • 29 21 SILIC Specialised in Aluminium Lightings SILIC 40 Jakjn Pemimpin #03-06 lat Ann BkJg Te1:6354 2906 Mon-Fri: ]oom-6pm«Sat: 11am-6pm SILIC LIGHTING CENTRE 509 Baiestier Road T«1:6356 1629 Open: lpm -Bpmda*y
      29 words
    • 46 21 BANYAN TREE Special Promotions BIMTAN f <•*&** BANGKOK :"i 3D ,$S6B PHUKET J.- Transfers 798 gfaf-z Pre# dlmwr for aat hotel l *l G«*J»rant#e«Mjrt® check out y" www.sunnyholidays.com.sg SUNNY HOLIDAYS I I[l>ar<o liugis JuiM lion «o 170 JB V■* mm r""'" h< s v„;jsss:: Te,; 6334 5545
      46 words
    • 16 21 The skys i l|i *ju m mad \li the limit' X. W/it/ roof gardens are hot
      16 words

  • 2114 22 TYansantirm dnt/>: Oat.? KUALA LUMPUR JJ* 0.02 M Vo4 F58R* 1J7 unch 0 MM *b rood fWkxfcames 0.17 unch 2 Gadang A»1 -OJJ3 5 AAMRaalty _.....0JB inch 264 Gamud&i SJO -0.05 282 Abric 0.96 unch 20 GanadCorp —.0.75 -0.02 S ACPIndiatnas ...300 unch 61 GeneralCorp 0 48 -0J1 31
    2,114 words
  • 147 22 TrarwictiondcUe:Oct3 jf 1 is gyp 1 jf SjSs S IS as I""" 111 gsgv a a as su«« s ;s, r* a is St 55 SL* S£ m* m wm ft*;. ■335" mm mST *5 4K *m ?y* m n» til'. n um y*— 1 *w mj>i ***** 1S.0M
    147 words
  • 552 22 BONDS WARRANTS M CM> iar m! tw-'K C -TT Mi rtm —1» Mm left AST1 \MM0621 17J 1 16 191 0.66 20 AcmallriWQ***** 25 -0.5 105 1 50 950 2M 25 Ar*akW*****0 SI 1 44 1 33 -1 1.60 32 Annwong WM052S 1 1 10 144 4.50 19 Bar 6HSA*****1
    552 words

  • MUSIC
    • 572 23  -  Mick Jagger and his gang treat fans to 40 Licks while Elvis Mowers will find Elvis 30 #1 Hits a worthwhile buy, reports KANNAN CHANDRAN KANNAN CHANDRAN SOME are alive and kicking, others in a more reclusive state, and yet others are gone.
      572 words
  • 3094 23 Transaction date: Oct 3 for live prices, log on to wwwjomuorvemarketsjDom S 1M Dm, UmtQmm Grtte Mr «VM M MCa **F SHBH f—W w» i— —wr Mir cv m >3 ABNAmroNLG 56c 9 12 u m« I g^?= l? 3 ti i „5 SI g 575 384 AP8
    3,094 words
  • 60 23 &L r IE .1. nSL -5?. M»«VW MK> 1 =2— f— >— tm Mhr CV Wt U 1<S10 7770 Dumondl U$aa20 5100 2700 BQJUSTwh UttTttkricd575 4S0 SMMSyow -USSSSoM -..II J!S *2° ?Ji? 00 U5K70cdcd«70 0 0270 C70 I I I I ***** 000 Vtm usuao -820 no ran
    60 words
  • 874 23 Nk*"u> iff "i, "7 j—>"l» <•«• HrMH MKk =ea c*m u» —>» M« c m "g 245 8 «S5» r „i „1 Si 5 "i 14 74 1 y^ ,0c --r- ___115 unrfi SIC 115 11 11 113 243 si SSgSc r )0 I 25Tt'f!z=z==Jli 13 341 22
    874 words
  • 174 23 1>m MM 6»w» Mr CrTW MM Ka T Cl "> I M» w- Cm Imm —wr M» C«r W >3 M$ 70 AV*r«n9iA2V MS 5 «03 9 855 135 C3 5 (5 5 40 34 117 S 1M C«h**c2fc HK720 265 2.1 74 6 *****2 Cheung Kong50c HK17H
    174 words

  • CINEMA
    • 554 24  -  The actresses' infections enthusiasm and unbridled energy will either enchant yon or irritate yon &y_ Parvathi Nayar EIGHT Women is a movie that almost has no right to be as entertaining as it is, since it wilMly combines genres as disparate as the genteel living-room sensibility of
      554 words
    • 623 24  -  Byi Geoffrey Eu THE first sign that Enough a film about domestic violence and a wife who decides to fight back is trying too hard to be something it isn't appears within the opening two minutes, when we discover that Jennifer Lopez' screen character is a waitress
      623 words
    • 650 24  -  K-19: The Widowmaker may be the typical Hollywood fare, but it has one pins factor -a certain Mr Ford Byi Geoffrey Eu WHETHER he's piloting a souped-up spaceship at warp speed, punching out the bad guys atop a speeding train or outfoxing terrorists aboard Air Force One, Harrison
      650 words
    • 475 24  -  By\ Geoffrey Eu In The Tuxedo martial arts funnyman Jackie Chan's latest Hollywood action comedy victims of a devious plot to corner the world's drinking supply suffer a horrible end from swigging on bottles of water infected with a bacteria that causes instant dehydration
      475 words
  • Page 24 Advertisements
    • 186 24 I I I pleasure I I of pain. I The French take their pain, I I that's bread to the English-speaking world, I I very seriously. And so do we. I B On our daily flights via Dubai to Paris, B B and our thrice-weekly flights to Nice, we serve
      186 words
    • 147 24 night accommodation Room Buffet breakfast for two A choice of a 3-course Italian set dinner for two at Pontini* or 6-course Chinese set lunch for two at Y? Ye Shanghai f Complimentary river taxi to Boat Quay for two Complimentary car Upgrade a Deluxe Room Add Ss6o for a Club
      147 words

  • THE ARTS
    • 429 25  -  By- Aaron Lye ONE'S reaction to idea of watching six plays in 90 minutes can be as varied as the number of plays itself, and one may be forgiven for being sceptical. After all, how much can a 10-minute play offer to audiences
      429 words
    • 431 25  -  Singin' in the Rain is as close an evocation of the film as he can achieve director-choreographer David Atkins tells aabom lto AARON LYE POR director-choreographer David Atkins, the staging of the musical version of Singin' in the Rain is something of a childhood dream come
      FILE PHOTO  -  431 words
  • Page 25 Advertisements
    • 345 25 Where to wine, dine and entertain... A World of Exclusive Privileges Treats "East Meets West" />*> Buffet Hi-tea Every Saturday, Sunday > Atfjji. PubUc Holiday at CaftVanda 11V/ 12.00pm-4.30pm Adult $14.80* ChildSlo.oo*♦ (4- 12yrs) T«a favourites Include Dim Sum, Satay, Laksa, Chicken Pte and more! Popular desserts Uke Chendot and
      345 words
    • 100 25 r -j> I Function Room available for your I Seminar I Dinner Dance I Birthday I •Anniversary Dinner Dance I Baby's Full Moon I Buffet and Coffee Break available- I VCD, Karaoke, full sound system I Maximum 100 pax I Minimum Seminar -15 pax I For enquiries, call us at
      100 words
    • 153 25 Want to dine on our superb vaJue-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 S3B $78 per person. Available daily for both lunch and dinner. For reservations, please call
      153 words
    • 52 25 DIANXIN AT THE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 I I*l4. I Catfr Oumr -I CT3 I Managed by Mandarin Singapore MtRITXJ 7th Floor, Overseas Union House. Col Iyer Quay Singapore *****1 TH: 223 4185 Business Hours: 12pm-3pm/sJopm-11pm TWIN COMBINATION Each ideal for
      52 words

  • EPICURE
    • 383 26  -  It is offering customers a one-dollar dnck promotion By\ Cheah Ui-Hoon SHEV Shev Restaurant and Winebar has found a novel way to commemorate surviving its first year in the competitive food and beverage industry here. The proprietor-run restaurant is passing on its celebratory joy to
      383 words
    • 887 26  -  chbah Ul-HOOM is pleased enough with its offerings to want to try the rest of the 50 other dishes on its vast menu CHEAH UI-HOON THE cheery-looking Thai Express in Holland Village has a few things going for it inviting looks, the promise of a fast, fuss-free
      887 words
  • Page 26 Advertisements
    • 160 26 H r. I j^l^J 5T «i 1 1 j _i ll ill I j 111 |j| J ~ZZX£^9ESH9^K^^2j^Htf^i«P^l^^^^^l wsic^. I A setting so authentic, you'll think you're in Japan. We're not saying we can replace a true Japanese experience. But if you want a taste of Japan, but can't seem
      160 words
    • 94 26 Complimentary BT at the mails IF you're not working tomorrow, you can still get a weekend copy of Thtßusbmt Times at selected outlets at the following malls, with their compliments: Clarke Quay, Funan IT Mall, Junctions, Liang Court, MiDenia Walk. Plaza Singapura, Scotts, Tampines Mall and TanglinMalL HSP® MADE THE
      94 words

  • COVER STORY
    • 960 27  -  Your face can reveal the state of your health. CHEAH Ul HOON looks at Face Mapping, another area where a Chinese practice has been adapted by the West CHEAH UI-HOON THE Chinese believe that your face can tell your fortune. While the lessertalked
      960 words
  • Page 27 Advertisements
    • 100 27 g Weekend a I til.wl h nn^f A'l 1 IV# c V W 1 if A aS !_®Jt 1 »P,f ;«i fcSal iSfj anchor I wm\ .^y^prQi'get beery this weekend! Friday-sunday october 4 october 6 2002 Off The Cuff has been held over M {s- "T* S( 111 \U l
      100 words
  • Page 27 Miscellaneous
    • 184 27 UKVPTIC CROSSWORD ACROSS 5 This siren meant danger to desert (7) S ZZBB-ZJBLJImZZBBZZBJZjBZZPBZZ ward to wrap (9) Kind of paper that exposes 27 height of a severe storm 28 Fire—or part of one (7) 8 G ames period (7) Across: 1 Squall, 5 Sleeping, 9 DOWN 14 Doctors mention it
      184 words

  • EXECUTIVE Lifestyle
    • 2248 28  -  White medical guidelines in Singapore prevent a wetlem mP and a Chinese sinseh from operating together in the seme dnie, a variation of this theme is taking root within the alternative healthcare realm here, li—f U checks out two dinics that have narrowed the East-West divide JAIME EE
      CHRIS LOH  -  2,248 words
  • Page 28 Advertisements

  • SHIPPING TIMES
    • 213 29 Reuters THE Baltic Dry Index (BDI) fell six points to 1365, the Baltic Panamax Index (BPI) lost 12 points to 1,304, the Baltic Handymax Index (BHI) dropped 42 points to 8,920 and the Baltic Capesize Index (BCD was down two points to 1,799. UMB-CHARTTRz Lowlands Glory (built 2002)
      Reuters  -  213 words
    • 251 29 *"1 »ot CWT Distribution 0.74 unch 0 Chuan Hup 0.45 unch 353 Cosco invastmant _0.17 unch 0 Enfffo** 2-22 W 08 Holdings 0.59 unch 0 Jays Holdings 0-23 unch 12 Kappa4Carp 4J0 -0.02 1066 Kappal Marina 0.14 -0.01 43 Kappal Tola 0.88 unch SO Labroy Marin* 0.23 -0.01
      251 words
    • 795 29  -  US PORT STRIFE Dockworker onion, port employers resume talks with federal mediation By rsTi Beth Jinks [SINGAPORE] Neptune Orient Lines (NOL) container arm APL and its transpacific alliance partners are reviewing all options, including delaying vessel departures from Asia, as the US
      AP  -  795 words
    • 537 29  -  But higher costs, onion solidarity and added time will limit their options By\ Donald Urquhart [SINGAPORE] With the total shutdown of the US West Coast, shipping lines and shippers are now considering their limited options in the form of
      537 words
    • PORT Shots
      • 121 29 AFP [OSLO] The 24 crew members of a Norwegian merchant vessel stranded off the coast of the Japanese island of Oshima have been rescued by Japanese emergency services, the ship's owner said on Wednesday. The crew of the Hual Europe were ferried ashore by helicopter,
        AFP  -  121 words
      • 108 29 AP [MOSCOW] One person was killed and two were missing after a fire broke out on Wednesday on a Russian barge at a St Petersburg shipyard, the regional fire department said. Four more people were injured in the fire on board the vessel, which
        AP  -  108 words
    • 176 29 [SINGAPORE] Thai-listed and Singapore-based feeder Regional Container Lines (RCL) is continuing its Asian expansion, launching a new shuttle service between Hong Kong and Haiphong, Vietnam, later this month. The service is a response to "the fast growing business outlook in Vietnam's northern regions",
      176 words
    • 350 29  -  Japan the latest country to sign np for US Customs box inspection plan By Beth Jinks [SINGAPORE] The Port of New York New Jersey has joined the world's three top port operators Hutchison Whampoa, PSA Corporation and P&O Ports in the homeland Smart and
      350 words
    • 888 30  -  ADMIRALTY CASEBOOK Master of ship owned by Wallenius Lines did not do all he could to prevent oil spill in Darling Harbour By Selva Kumar A Singapore-based company and its master were recently fined by a court in Sydney for causing marine pollution
      888 words
    • 280 30 Reuters [QUITO, Ecuador] An Ecuadorean court on Wednesday ordered an insurance company to pay US$lO million in damages for a January 2001 fuel spill in the pristine Galapagos Islands that threatened its unique ecosystem. The Jessica a commercial boat insured by
      Reuters; AFP  -  280 words
    • 200 30 PACE Gemartrans 4 Avant K) link 10 B'tang Mas S Gtor >*« K> BSA 6 BSC W H«"0«rg-Su<I 5 BTL 10 Heung-A 3 CMACCM 3 HdbLiM 10 C0SC0 3 HUAt 10 Central Ex 4 Hyundai 4 Chahaya N) Imko* 9 China Shpg 5 Indoguif 9 Confer to
      200 words
    • 15627 34 THEBUSINESSTIMES thebusinesstimes EXPORT F\ A<^* r HWplwn. ETA tTA Advertiser Ve«* Vow TeMphon. S!K fti S?*? n Nam Nim Number Number StN Oest'n Name Nam* Number Number 17/K 04/n MOL API AGATE D9W 45******04 To ABIDJAN (ABJ) 2003 Cot* Clvoira mm cma cgm james river brioge 03w 45******00
      15,627 words
    • SHIPS IN PORT
      • 609 39 Vcss<l y oy No Berth Anjwj Departure JURONG PORT ASIA EXPRESS 169-B J7 A/SIDE 04/10 130C NIC03 310 J3 A/SIDE 04/10 063C TERANG 18 E2238 J3 A/SIDE 04/10 003C ASl 60 01-OCT J14 04/10 1200 04/10 160C BAYSWATER118 M2239 J2 04/10 0800 04/10 210C BOMBAYSTAR 310N J17/18 04/10
        609 words
      • 1474 39 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out in Mi Berthing Un 0 Name Voy voy seq berthing Nmb 3 ACECONTR AE203N AL203N 1 *****002 14:30 06/10/2002 20.30 3 ACX 044N 044N 1 *****002 15.00 05/10/2002-2300 T07 ACX SAXURA 008S 006S 1 *****002 1500 07/10/2002-0300 ALAMiAYA 2 8815 8815
        1,474 words
      • 111 39 Oct 5 Brunei: Isra Mi'raj. Indonesia: Isra Mi'raj. Oct 10 Taiwan: National Day. Oct 14 Canada: Thanksgiving Day. Hong Kong: Chung Yeung Festi val. Japan: Health-Sports Day. United States: Columbus Day. Oct 23 Thailand: King Chulalongkorr Day. Oct 28 New Zealand: Labour Day. Novl /■Vance/All Saints' Day. Philippines:
        111 words
      • 814 39 THIS report, compiled by Cockrtt Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description at the market. Prices shown are based on averagesized stem. Market movements are indicated The Cockett Bunker Price Index change and the
        814 words
      • 316 39 5215 O-ttr HZ lTa£ £25 o "J "I °-°3 «N/H 380 Aw 985.4 OJ B.4 0.05 22 0.02 g°a£ C 35 "V i »j °°g 1 "J ISO/Ctmac limits S#oc£25 991 U RO 0.10 SO 0.10 988J 51 S 55 2? 55 55 W 0 W
        316 words
    • AIR & LAND transport
      • 499 40 Carriers to begin selling tickets for one another's flights in Q1 of 2003 Bloomberg [WASHINGTON] UAL Corp's United Airlines and US Airways Group Inc can immediately begin a marketing alliance designed to help the unprofitable carriers increase revenues, the US Department of
        Bloomberg; REUTERS  -  499 words
      • 493 40 It's considering baying more planes from Boeing Reuters [HAHN, Germany] Europe's second-biggest no-frills airline Ryanair said on Wednesday it would launch four new routes from its German base and would consider buying more planes from US aircraft maker Boeing. The budget
        Reuters; REUTERS  -  493 words
      • LOG Book
        • 88 40 Bloomberg [TAIPEI] EVA Airways, Taiwan's second-largest carrier, plans to sell NT$2.3l billion (*****.8 million) of new shares at the end of the year to pay debt. The airline plans to offer 220 million new shares for NT110.50 each, according to the company's application to
          Bloomberg  -  88 words
        • 65 40 AFP [OSLO] A computer system failure at Scandinavian Airlines System (SAS) caused delays for several hours on Wednesday as flight reservations and boardings were processed manually, the carrier said. The breakdown occurred when two cables in Copenhagen that link the three main operation centres in
          AFP  -  65 words
        • 95 40 AFP [NEW DELHI] A British Airways plane landed safely in New Delhi on Wednesday after reporting hydraulic failure, leading airport authorities to declare an emergency, officials said. British Airways Flight 142 carrying 285 passengers from London to Delhi landed at 4.34 am after the pilot
          AFP  -  95 words
      • 174 40 Bloomberg [BEIJING] Beijing Capital International Airport Co said the government asked all airports in China to raise usage fees for domestic airlines, which will increase income for the country's biggest airport operator. "Such fee adjustments will result in an increase in the
        Bloomberg  -  174 words
      • 331 40 Spectre of war on Iraq a new threat to their survival AFP [BRUSSELS] European airlines and airport operators begged on Wednesday for an extension of state aid granted in the aftermath of Sept 11, raising the spectre of war on Iraq as
        AFP  -  331 words
      • 156 40 Bloomberg [TOKYO] Japan Airlines System Corp chief executive officer Isao Kaneko said worries about a war in Iraq may delay the recovery of overall travel demand. "The future of the industry heavily relies on consumer sentiment and we have concerns such as the
        Bloomberg  -  156 words
      • 265 40 Xinhua [HONG KONG] The Airport Authority (AA) of Hong Kong and DHL International (Hong Kong) Ltd (DHL) reached a franchise agreement on the development of an Express Cargo Terminal at the Hong Kong International Airport (HKIA). The terminal will be a dedicated
        Xinhua  -  265 words
      • 1708 40 ®5 MW HO FUOff n» $025 OUS $0326 BJO WaWfc LK9770 2230 UW64 1445 UH57 2250 «a> a» S0325 M45 0*5 3250 AmttrHan SQ23 0605 (1131 zffi LM7T 855 u 7 **5 6*875 #25 $036 2345 ««7» 855 ****** 2305 8U37 8V »K» 7 2105 AirtsJrMana
        1,708 words
  • Page 29 Advertisements
    • 37 29 ADMIRALTY CASEBOOK Vessel owner, master fined for causing pollution PAGE 2 o N«d for United-US Airways marketing afance BACKPAGE All glory comes from daring to begin Continuously looking at new routes and services [azl COVltship CONTAINERUNES —f-
      37 words

  • Page 30 Advertisements
    • 653 30 I TO UtAJCAHADA I I EXPORT I I OTHER OCTTWMTKMM I IVBffl. I VOT I W6 |faSW|U»6m<H|ftMlAS|lWßroW |«WIB|OiUCO|IBWTaaH ."'fl TO AiIOTHAUA (JjJOTTH/Mlft ftflf/Y PfrTMTII) ~1 ooawuH 5*40 01/10 01/10 ivio Wwo —n/iriyio —S7fT~ i i r— 00QMBKA 44(41 01/10 01/10 25/10 29/10 30/10 30/10 30/10 03/11 I**3 VOT I IHC
      653 words
    • 92 30 WORLDGATE EXPRESS LINES PTE LTD 100, CacM StrMft, Bangkok Bank BuMdktg, S*por« *****6 Tel: *****911 Fax: Email: wgate@mbox2.singnet.com.Bg WEBSITE: http J/www.woridgate com.sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS l«Hw»n«it m Ittim niinnm nhw m MAS HONG HW6/QMIU OtAT" rnmtan mJW Sff™ 8 M SMSI —jap Jgr maQi K' l
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    • 525 30 lines leryices fepresentod by gS»Mi\ MOTb«of**Ragi*yof ySUjfg Accraditod Sapping Agents, Singapore Shipping Association amnios/ co*vomo«ui ca*go >w wr «uw/m<WB/iiMre 1 imwoi VOY ETA PKL ETA SIN ETA MALE Prtwwi Uh M «&'lf 17/ M f7K ait WW M/ll Uli MAJUNE BSi SINGAPORE HwHlimiWlll hcOMTW SCANCHACT AGENCIES SDN BHD 11 TKANSUNDO
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    • 6 30 Members of the Singapore Logistics Association
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  • Page 31 Advertisements
    • 1068 31 TO EUROPE FROM EUROPE vbse voy aw iwwhmiwvsom la vesa wrwiwiiMiasou in a HYRS9OM 309W 07/10 25/10 17/10 HYOCOMBKI 30K 14/ M It/00 10/00 12/0005/10 APIPfAM IIIW 10/10 30/10 01/11 a/10 MOinsCEKM OOCI7/VO 10/W 21/00 22/00 M/ 10 MOIPROGRESS 003W 11/10 M/ 10 30/10 01/11 02/11 Ml SARDONYX INI 20/W
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    • 1391 31 JKWllm &Mr pItECT am TO QUMMA i niyr *^y... fSJ^ggf! l »*'m Mjß/IMS IH; *****057/43 MX: 4730M71/74| COSTAR SNIPPING PTE LTD ootmki/I) MIOSOOI tnum/rs I >Mr o* II7»7MOOOO« ULtmimoMMi mm# /OI MMS/M *7JISHV4I I BANMIAHAS 12 DAYS mm« mm 1/SMPQg *****075 ******14/44 I XKMi'/W WGSMAO* IMtUtUQjNM IB M U m
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    • 601 31 resa WTrttsormHtGsmiNirusix ycsa «w s* hk la W( HOM6MW6 2131 VlO 0/10 Id/11 13/10 14/10 11/10 H/1Q 22/10 AQUUC 044N 5/10 9/10 n/io~ MT( BMjjt ?14M 15/10 14/10 17/10 20/10 23/10 2S/10 24/10 W/1Q AOMBg 00W 12/10 14/10 I|/10 mrc ulsaw |?i4w|a/io|a/io|?vio|p/iolwio|i/ii I yii |yii ||*awoifT ~om n/io~ 23/10 25/10
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  • Page 32 Advertisements
    • 987 32 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. a no. mtmoMH iwna WT W| son UN mi m mo pM") |vtssa rot sM uh mi tin Mm mv HB" ui«?* !«/m 25/12 W/ #4/,# u irr im ,7/w n,n ~W* win IOOW 10/00 07/11 M/ll 11/11 HOIADVANIMi 01M M/M 11/ M IS/M
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    • 942 32 L WAN HAJ UNiS (S) PTI LTD WvWAN HAI LINES Y Dl Mfl 7511T0 fU. W «l I n»SVSHU.«I) 17*7714/ B»l«5 /ymw ML nun 13 I eSs IS ij? ss aV"~™ m 06 m I I Hfi I It-Vt/M IVH 17/H MM •/u miu MM. %«/u» GSSn! !£2 JK2 iv«
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    • 638 32 m WEEKLY EXPRESS SAMJMG SCHEDULE I ACCEPTING TO All NORTHERN ANO WESTERN ICO PQHfT» 11 rasa wt m rium com—on swra rmn—n ttsiitsrc som m» coo nap w>o mq I! IOWM6 MSfW 17 OCT Of 00 13 00 UKt If OO I I WW* WWW MOO nop »0Q nog aoo
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  • Page 33 Advertisements
    • 1022 33 IRISL, (SSMJTsfs) (sxw Uihifexygjlh MU (*fi {fat? (to&tflgs'{pcsxrftefliksxii) (fo SODUGJJIKSJ ip&km 3s) topsm @23 w@Di] (gg q® GoQJ&J to Oft® {fogOmO itovmlti) Qftum* AGENT *4 SINGAPORE AGENT M MALAYSIA AGENT *i INDONESIA **********0 M B««TEAO SHPHNG AGENOES SON. BHD. PT. SMOSE CONTI PERSADA KL TEL: 03-*****300 FAX: 03-*****682 TEL: 62-21-*****33
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    • 480 33 lIMI UK CONTINENT SERVICE Loadngtor RDM/ATW/BMN/UK/NAN OCEAN JADE ROM/ATW/BMN/UK/NAN Loads Sugaporg, E7W. Mataym. Inctone— middle-east service Loading for EXPLORER S DBI/ABU/DOH/BRN/DMM/KWT ENTERPRISE Dei/ABU/DOfVBRN/DMM/KWT EVERISE GLORY 061/ABU/DOH/BRN/DMM^O¥T KALMA H DO/J DH/AQ A/DMT I VORI JOH/AOA/DMT/ALG I HIGHLAND LIGHT D6l/ABU/DOH/BRN/DMM/KWT J Toads Sngapore. E-AN Mataysa, Indoneara I USA SERVICE Loadng for I
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    • 633 33 ®i— ma *01 m I Eff iflSfl orSa !S^5 fttHHM! 114J 04/10 00/10 I *HBB J3S %9& -2H!!b "»=SziLizszgz= JteEjEpaE^fe I QiHL jar sw nil vtssa voy so >>ni I W K2 JKH S4J? nmwH zmirz^EmzzMsnz -J®»— «a a m mm vw™"g*™^sHF™4gg^ ffiftSffl il2ft 44/11 44Z14 ***** AUPMTA2 MIS 04/10
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    • 120 34 LINE V«* I ¥»y {»«—«|ir M ßM w ~r |**T-ir| Tiiih yif IT»w|M|^ W ii| -Deng C2Q2E 05/10 20/10 30/10 31/10 02/11 04/11 06/11 D«ro C2O2E 05/10 17/10 23/10 24/10 P»ro C2O2E WTO 26/10 OMIT 06/11 09/11 IR N Sino 946E" 08/10 20/10 30/10 31/10 02/11 04/11 06/11 IBNSino 946E*~
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    • 198 34 CWT GLOBEUNK PTE LTD —W OWN OFFICII TEL:*****833 (36 LINES) FAX:*****742 M ILAMG ASI GUDAMG-KUCHING-BAMGKOK-KAMACHI-BOMBAY-5 010U H0 CMI ,HH "A'WC HAHOI BKHIN HAMBUKG TIANJIN QINGDAO iNANGHAI XIAMIN FUZHOU DALIAN XIAN BEIJING SHI J!A ZHUANG msr mmtiT-mmiMM! ALEXANDRIA/PORTSAID/ASHOOO/LIMASSOiyPIREAUSffHESSALONIKI/BEIRUT/AOABA/ISTANBUL/IZMIR WEST MliOiWßli/AM-AM KMiTIMAL BARCELONA/GENOA/MARSEILLE/LA SPEZIA LISBON/LEIXOES CHi'IKAL EASWEHDf mftiCPU VIENNA/PRAGUE/BUDAPEST month mmtms IE
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    • 55 34 W M WINSTAR SHIPPING PTE HD HL 4777«?7? hU *****007 QNO MSZTVSBOOeC Nnpo|i wimpj tari (tat —rr®—a» cm m 6 Wfcfj W*kly (M* -W) 3 Sdh|> Wootty VM. M) ImH 0 Joroo| Port LoofafoiCoitooierPort Door to Door FOAO/ FQCiiln mi, (u irtimltfo Dw to Door f" ftmm ad Ukmtm, tmk.SH
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    • 229 34 bsa a teA MYANMA FIVE STAR UNE vb savor sin w pen rcu OM SHWt UN MW SU> PAGAN VIO4W SU M MALAYSIA: IOUSTUD SHIPPING AWNCIfS KUL 03-*****300 Ptl: 03-317*4101 PEN: 04 7****** BANK LINE (A swvkt Wfiw Wtir Stwypw;) NORTHBOUND TO IUHQPI V CONUMK, RORO, MUU HUVTUFTS VBSa SM
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  • Page 37 Advertisements
    • 94 37 T PI PERUSAHAAN PHAWUiAN KALIMANTAN 1 PIKiCT WEEKLY SEHVICE TO 1 JAKAJfTA/PAIiMIAWG/DODUI I »n I at I«t |rwt hwuT 1 UOMMBM 11/w t5/lt H/lt "il/i# I Imm nyi? u/ii wii T*7ir 1 I Willi 11/H H7TI WTI H>ir| SURAf AYA/PANJANG *md Vm SB SM M UW*M M/i> li/u -u7i| PIBAWAMG/PtKAJI
      94 words
    • 81 37 FULL CONTAINER SERVICE SIN PASIR OUDANQ SIN DAILY SAILINGS I VESSEL IVPY ETA PG PAY VPY ETA SN| MY pgsJ%B |H*OU*3S I 297» I (H/lOAK R» 2«73W Q6/lOC2 $w WUHHSTM lim -sffl 15Z7W 06/10/02 SUM ffßgM »7g -ML fIZ«L JgZIOaL JKB_ |QOtDOISWW| 1579S I 07/10i*g MOW 1571 06/10/02 IUE Aooaptkig
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    • 78 37 HASnU LOADmfCi 04 OCT NHATRAMG 08 OCT YANGON, CHrTTAGONG/MONGLA 15 OCT DUBAI, DAMMAM, B. AIMS 15 OCT COLOMBO, CHEMKAJ, TUTI Wwfcty Writ, tm C AM *dm> PmH PHOENIX SHIPPING iftyjltd MONTHLY BREAKBULK SERVICE TO SOUTHERN AFRICA AND MOAN OCEAN ISLANOS VESSEL NAME VOV SPORE DURBAN PHOENXI I 10/02 18/10/02 30/11/02
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    • 59 37 ETA FID LOAOMQ FOR AM 9 30/0*2002 01/10/2002 nwum TROMCAL ROSE 3MX/2003 01/10/2002 PHNOM PENH AM 3 08/10/7002 10/10/2002 PHNOM PENH 4 VUNGTAU (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD •1 ANSON ROAD MS-SI ANSON CENTRE 9MQAPORE 0307 TEL: «*****7«3300aa TLX R*****0 FAX *****758 CR NO
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    • 89 37 ~A ESP LINES NEW WHKIY LQ Sflnoq TO LAGOS VBS& SAUK EVBT THUKMT HMtMRWffBIimML cowvpmoMi/wiAiauu savia niy« lawmK* WW 30/W/7007 DUIAI DWMUN MM U>Wt HOB HP BUK, Wt Mt MB MMII mn,, m S-POB TH_ *7733*11 MX: ******(7 btmuitw rrnc i* 3331*33 ml *****11 J»T TE: *****73 MX: 47t7»44 BEBMUyiSWBAPORE/VETiyyiSEWVMg
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    • 764 38 Ttcgßune PlJMllM.milil I neaiiui cnS osS/io foi oSr I I SHANGHAI Eir OIM OSM/IO II 13/10 1119/10 I neauio« oiw 0009/10 in;/io 2223/10 I I naiSHAim 020* n 12/10 i» 20/10 isx/io I I TI6II BUND 02IN IS 14/10 22 24/10 29 30/10 I 077W__l£lf/10 2S 27/10 0142/1 ["vtssa VOT
      764 words
    • 698 38 VBSa NAMf VOT SMGAfOtf PORT KOANG OfTTAGONG ha no ru rro fu no OMUL 01N177 SUN 06/10 07/10 07/10 11/10 16/ li I PC HONOUR 07WQ41 HM 00/10 09/10 09/10 13/10 16/10 I rc""™ l 02N173 MON 11/10 U/10 13/10 71/10 25/1# 76/10 STTT ***951 13/iq -u/u u/i, —jj7l nTio
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    • 61 38 CONFER (S.E.A.) SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAQONG VESSEL SIN CTG EMERALD 15-1«OCT 20-2$ OCT DIRECT FCL/LCUCONVENTION AL SERVICES TO»hdtan Sub-Coransrt Mactas CjTute Bontay Karacft Cokxite n««iiii T ufcoonr Co&wi FarEj* HoCHUnf Ha**wng Manta ou*n FCU/VCL S»rv4c«« Tot AuMa Svrfrwv Mafcouma Europe F«*bw» Dunmmwn
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    • 677 38 dz PDZ LINES E^-aswesa. WCi ISWMWK, TOW 6 joo vmrwi m in> SEJSJiS"*"' SSH FAJLW4 7 I ii/n giurtt niiL. l" 1 sy I Igw »S7 oyio Pttssgotfl m 9/n ty» |OB I ni7|H/»> jciSOOlll »4S ls7iT GMJAM 2244 00/11 MMW6 OTivir 17/11 L— www iiiL.*'/'* jCHXi H47 14/10 qnoa
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    • 251 38 #Bwni BREAK BULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI I rasa yoT*g n>si6Aroti I WH* W/lfl/M n/in/o? *+m mm I os/i i/w 1 a/n/w~~l SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood •17-07/06 *P« Toww, Singopw *****3 iJLj TahphonK 6270 0977 FacsMfe: 6275 2309 T«lwc RS ***** SEAPAC
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  • Page 39 Miscellaneous
    • 116 39 K Thunderstorm A Showers y^\ Rain emperature Wind direction and speed in knots Cloudy Day Wea,her U Hazv A Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Sl 'o h, *1 2m -»—-One half fleche represents 5 knots J Moderate, 1.2
      116 words

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    • 122 40 FAR EASTERN FREIGHT CONFERENCE (FEFC) ASIA WESTBOUND RATE AGREEMENT (AWRA) EASTBOUND MANAGEMENT AGREEMENT (EMA) MEDITERRANEAN RATE AGREEMENT (MRA) Increase in Bunker Adjustment Factor (BAF) Arising from the regular review. Member Lines of the AWRA, EMA and MRA wish to announce that the current level of USD 62.00 per TEU, will
      122 words