The Business Times, 1 November 2002
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2002-11-01
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The Business Times
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Title Section15 2002-11-01 1 MITA (P) *****/2002 85C THE BUSINESS TIMES Singapore Internal: http://business-times.asial com.sg FRIDAY. NOVEMBER 1, 200215 words
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Article72 2002-11-01 1 □sn MG37 (+4.41) inns rorausi MUM (+7.00) flnscifoniiß ■J 18L90 (+1.10) 8IW1 BASKET DDKB Tband«y Change KLSECOMP ***** +ua MKKEl 225 8349.48 -***** HANG SENG __M4L26 -llftll SET INDEX *7.8 +122 JAKARTA COMP _W904 +7 J3 MANILA OOMP -tkmed TAIPEI WP1 4£79.14 +89.41 SEOUL COMP 468J2 +4.89 SHENZHEN72 words
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Article61 2002-11-01 1 ran XAiEs US$ ss L'SS (SSperUSS) 1.767 £(l'S$/S$ per 1£60 1766 EUBOfl'SS/SS/E). 0.98? 1744 YEN 122.5 6930 RM 3.800 2.150 HK$ 7.799 4.413 BAHT 43*9 24.49 Rl'PlAH 9,231 FUME BATES SINGAPORE* 616 KUALA LUMPUR 640 BONO KONG 5125 JAKARTA 39.00 TAIPEI 6.625 TOKYO 1J75 SEOUL FRANKFURT. 315 LONDON 4N61 words
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Article, Illustration831 2002-11-01 1 Loh Hui Yin, Serena Ng - Eyes now on Oei as MBO team backs OngßengSeng By Loh Hui Yin, Serena Ng [SINGAPORE] In a surprising twist to the drawn-out battle for Nat Steel, the management buyout team of Ang Kong Hua has thrown its support squarely behind rival831 words
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938 2002-11-01 1 Chuang Peck Ming, Anna Teo - Bnt govt cautions against another stimulus package to pomp up economy By( Chuang Peck Ming, Anna Teo [SINGAPORE] The outlook for the economy is more daunting than it was in June and growth for the year is likely to come below the government's 3-4 per938 words
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Article, Illustration690 2002-11-01 1 Wong Wei Kong - By' Wong Wei Kong [SINGAPORE] In a highly unusual move, Temasek Holdings—the government investment arm that controls some of Singapore's biggest listed companies yesterday criticised an earlier government decision to implement mandatory quarterly reporting from next year, saying it will690 words
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Article, Illustration356 2002-11-01 1 Chuang Peck Ming - bcrMM is iatapal part «f tfract tax cat package to «*r«»BMiic ywth,lick-aUitkaala«a» By Chuang Peck Ming [SINGAPORE] THt gathering economic uncertainty has made it all the more vital for the government to go ahead and rate die Goods and Servicee Tax356 words
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Advertisement88 2002-11-01 1 Ul^uiB Hock Lock Slow Why no joy in Tokyo stock market Pg 4 Exocuttvo Llfostylo Why the Botox quick fix is so popular. Bmck Pmgm > 1 inspiring floral creations. Pg 22 Top Storlos 'New age' JapanS'pore free trade area comes into effect Nov 30. Mmxt Paft Evergreen signs six-year88 words
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Advertisement6 2002-11-01 1 Tfanlnf, prictngdid Chartered in, Pg 46 words
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Advertisement36 2002-11-01 1 OTHER PARLIAMENT REPORTS —ea rules on resale and leasing of HDBflats, Next Page Magßmn'e *01 strictly follow water agreements now: Jayakumar, Pg 11 pu/te down Oct PMI, Pg 9 Jobleurtte/i/ti 15-year high of 4.8%, Pg 936 words
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Advertisement30 2002-11-01 1 Is 24-hours enough? v 1 < 1 > i f /1' e < III:. I /.<* <Vp f m\_ I s 0l t a «*1 —A I t J* 7 Xirr/'/ V V 430 words
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Advertisement16 2002-11-01 1 I Banks, SflAl Iboost SGXI I market II I cap by 7% II j "PAGE 716 words
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673 2002-11-01 2 Yang Razali Kassim - 'New Age' pact likely to boost Tokyo's bid for an FTA with Asean By Yang Razali Kassim [SINGAPORE] It's all systems go for the "New Age" free trade pact between Singapore and Japan. The Japan-Singapore Economic Partnership Agreement (JSEPA), as it is called,673 words
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Article, Illustration564 2002-11-01 2 Eddie Toh - Bsii exclusive Rates are frozen daring period of contract, which is renewable when it expires From Eddie Toh in Kuala Lumpur SINGAPORE port operator PSA Corp can effectively rule out enticing Evergreen Marine to quit Port of Tanjung Pelepas (PTP) to return to564 words
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Article, Illustration486 2002-11-01 2 Vince Chong - Measures seen raising resale flat volume in Ql 2003 By Vince Chong (SINGAPORE) From Jan 3, owners of non-subsidised public resale flats will be able to sell their homes after a minimum occupation period of just one year. This is486 words
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ON THE grapevine
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Article80 2002-11-01 2 HEALTHY living is taken very seriously by some corporates here. At the NTUC office downtown, notices on the walls next to the lifts exhort staff and customers to use the stairs instead of the lifts: "Every Friday from Bam to 10 am, we switch off80 words
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Article53 2002-11-01 2 AN official from a government environmental body lamented tongue-in-cheek the other day that economists are a waste of resources, as an accurate forecast of the economy can be derived from rubbish collection. The better the situation, the higher the consumption and waste. Garbage, of course. But53 words
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Article61 2002-11-01 2 SINCE the Bali bombings, all cars entering government buildings here are apparently checked for bombs by security guards with a mirror device which scans the undercarriage of cars. Good idea, but perhaps it would be better if all guards are also trained to identify a bomb. One guard told61 words
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Article100 2002-11-01 2 ONE criticism usually levelled at local companies is that unlike their counterparts in developed markets, companies here don't pay dividends, or if they do, it usually isn't enough. So it's interesting to read in Barron's Oct 21 issue that in the US, 140 companies out of the100 words
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Article79 2002-11-01 2 FROM today, Star Hub is offering its IDD 018 customers 20 minutes' worth of free IDD talk-time for calls lasting 10 minutes, to seven popular overseas destinations Australia, China, Hong Kong, Japan, Taiwan, the UK and the US. And this IDD 018 promotion comes79 words
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Advertisement99 2002-11-01 2 Using vibrant bold inter-play of layered acrylic colour, established Indonesian artist Erica Jj[wtffiWP weaves into her paintings scenes of her surroundings, life's moments, mythology and S elements of her vivid imagination. Erica's cheerful images and colours evoke a sense of great fun and humour, offering viewers life seen through the99 words
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Advertisement9 2002-11-01 2 PTP to boost MMC'sfortunes in four years, Pg 129 words
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Advertisement40 2002-11-01 3 I ROGER DUBUIS I horlogei Qonovois I I H Hp! I H t I ifc i rf Mflp ksv|v B I*» I 9 Mr J I GoldenSquare I Yafriro I I ikbi\r 1 i I*, in in x I i40 words
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SINGAPORE companies
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COMPANY Briefs
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Article52 2002-11-01 4 AS EXPECTED, Jardine Strategic's partial offer for Cycle Carriage Ltd is practically a done deal. The offer, which closes today, has become "unconditional in all respects Jardine said yesterday. It received sufficient valid votes in favour of the offer on Wednesday. The offer is open until52 words
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Article65 2002-11-01 4 SESDAQ-LISTED Enzer Corp has issued a profit warning, indicating that it may not make a profit as expected earlier this year. In June, Enzer had said barring unforeseen circumstances, it expected a marginal profit for the first six months of FY2003. But now, directors say due65 words
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Article75 2002-11-01 4 TELE DAT A (Singapore) has appointed Aston Chiu, a former executive director of Datacraft Asia, as chief executive officer and director of the company from today. Mr Chiu brings with him more than 10 years experience in a related field. Michael Lee, the acting CEO,75 words
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74 2002-11-01 4 GOLDTRON, once a stock market favourite, said it is in the final stage of negotiation with the group's bankers to restructure about $42.2 million of short-term borrowings into 5-year term loans. Goldtron directors said there are reasonable grounds to believe the negotiation will be74 words
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Article63 2002-11-01 4 KEPPEL Land has appointed top lawyer Lee Ai Ming, who is deputy managing partner at the law firm of Rodyk Davidson, as an additional director from today. In practice for 24 years, Mrs Lee started her legal career in commercial litigation and now leads the63 words
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Article63 2002-11-01 4 ADD VALUE Technologies has proposed placing out 9 million new shares at 11.8 cents apiece to two investors: Lucky Ventures Resources and Chen Hsuan Hsuan. The subscription price is at a discount of 9 per cent on a weighted average price of 13 cents as traded on63 words
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Article, Illustration505 2002-11-01 4 Wong Wei Kong - CORPORATE GOVERNANCE Its botched rights issue wasn't a corp governance issue, says Dhanabalan Reportsbbyy y Wong Wei Kong CHARTERED Semiconductor Manufacturing's botched $1.13 billion rights issue which angered investors and sank the company's share price was an issue of timing and pricing, not corporate governance,CHARTERED - 505 words
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Article, Illustration481 2002-11-01 4 Well-ran companies attract np to 40% premium from investors: survey CORPORATE governance is not just a compliance issue, but it also gives listed companies a competitive edge in winning investor support, a McKinsey Company survey has found. In Singapore, for example, McKinsey's Global Investor OpinionSource: McKinsey - 481 words
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897 2002-11-01 4 anthony rowley - lock siew anthony rowley TOKYO stocks were not exactly jumping for joy yesterday at the banking reforms and an-ti-deflation measures proposed on Wednesday by Prime Minister Junichiro Koizumi's administration. In fact, the Nikkei average fell 1.3 per cent to a near 19-year low897 words
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618 2002-11-01 7 R Sivanithy - Still it's 19% lower than the year's high seen in March By R Sivanithy THANKS mainly to gains in the three bank stocks and Singapore Airlines, the capitalisation of the local stock market rose to $223.4 billion in October, up 7 per618 words
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Article, Illustration459 2002-11-01 7 Christopher Tan - I-li exclusive This is possible if the Indon group's debt revamp plan is approved by creditors By Christopher Tan SOUTH-EAST Asia's largest motor distributor, Astra International, may start paying dividends as early as 2004, a development that will benefit its single biggest shareholder CycleFILE PHOTO - 459 words
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Article, Illustration492 2002-11-01 8 Beth Jinks - Taiwan claims NT$3m damage to airport; SIA said to have counter Haim By Beth Jinks INSURERS for Singapore Airlines (SIA) and Taiwan's aviation authority have both initiated legal proceedings against each other seeking compensation for damages caused by the deadly SQOO6 crash in Taipei,FILE PHOTO - 492 words
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262 2002-11-01 8 NUMBER INDICATIVE GROSS MATURITY YEAR RAISED COUPON AMOUNT INTEREST Of DAYS Of MIDOLE PRICES REDEMPTION MTE PAYMENT ACCRUED (EXCLUDING YIELD ISINCOOE PA DATES INTEREST ACCRUED INTEREST) (%PA) 01.*****2 N*****QZ 1995 3 2600.00 1/11 1/5 183 100.00 SG********** 01.*****3 N*****0T 1998 41/8 700.00262 words
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204 2002-11-01 8 Angela Tan - By Angela Tan SINGAPORE Telecom said yesterday that with its AsiaPacific associates it had a total mobile subscriber base of about 29 million at endSeptember up 16.5 per cent from 24.8 million at end-June. Sing Tel said that while mobile penetration is slowing204 words
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541 2002-11-01 8 Conrad Raj - Frotn Conrad Raj in Shanghai DESPITE fears that the Chinese property bubble may burst soon, Singapore's Eraser and Neave (E&N) is confident that the Shanghai market will hold for at least the next five years. "Shanghai's growth momentum will carry it through over the541 words
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321 2002-11-01 8 Wong Wei Kong - By Wong Wei Kong SHC Capital's drawn-out effort to acquire a stake in Nanyang Insurance Company from its parent See Hoy Chan Sdn Bhd has hit a snag again. SHC, formerly HBM Print, said yesterday it has been told by Nanyang that321 words
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Advertisement571 2002-11-01 4 HOTEL NEGARA LIMITED (Incorporated In ttw Republic of Singapore) ANNOUNCEMENT NOTICE OF EXPIRY OF WARRANTS IMPORTANT NOTICE Si! <"Wanantholdefs") of warrants (the "Warrants") to subscribe for new ordinary shares of SSI 00 ZOOZ Capital f Hotol Neflara Limited (the "Company") expiring at 5.00 p.m on Monday. THIS IS AN IMPORTANT571 words
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Advertisement96 2002-11-01 5 LOCMAN'o. ITALY DIAMOND alluminio e diamanti Two or more carats of high quality full pavt diamonds on ultra lightweight aluminium case. Complete with Mother of Pearl dial featuring bright or pastel lacquer numbers and matching alligator strap. Available at: Chew Chong Watch Centre (Wisma Atria) Tel: 6734 8461 Cortina Watch96 words
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SINGAPORE markets
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Article, Illustration295 2002-11-01 6 OTHER SINGAPORE INDICES Oct 31 VALUE CLOSE WOiW -261.00 wr cm -*****.00 -82.00 ■Tl»4*r«U +€.00 M-SQr|iiMii 382.48 +0.41 119.05 -Q.48 KririlnRi 1315.55 +0.50 SGE«riHMProp ***** -0.90 jjgajBgppww 181.62 +0.48 —Oftfcin 181.80 +1.10 Stocks Vafcam Cruraya 2.5c 18.309.000 Bit Inti US20c 14.124,000 Shanghai Allied HK1 10.410.000 MoruwEduc 5c M 9.926,000 People's295 words
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Article, Illustration239 2002-11-01 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan SINGAPORE Airlines shares have rebounded significantly from their lows around $9.60 apiece in early October. But the stock weakened slighdy yesterday, slipping 20 cents to $11. Nevertheless, it still looks positive on the technical charts.239 words
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Article, Illustration771 2002-11-01 6 r. sivanithy - I l I comment STOCKS r. sivanithy A FUNNY thing happened in the stock market yesterday the Straits Times Index plunged 21 points to 1,437 in the morning, then thanks to a late push on the banks, finished the afternoon at 1,463.37 for a771 words
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Article, Illustration599 2002-11-01 6 larry wee - -J I comment CURRENCIES Focus shifts to US data and Fed meeting as Japan package buys time for yen larry wee THE US dollar ended Asian trading just a whisker in front of several key support levels, with traders priming themselves for further losses,Source: Reuters - 599 words
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Article2972 2002-11-01 6 UNIT TRUSTS FUNDS Corn Global Ener» Index Fd 0.771/ Com Global TravelMn Fd 0 632/ Com S pore Bond Fund/* 1 071/ MM Amro «M Mgt (Sport) Star Europe Eoty!" 0S9V Cndk Agrkalt M Mgt S'pore IM Star Europe Bd 107 V Indocam Asia Vision'" 0.7514)789 Star Europe M 0.816/2,972 words
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Advertisement147 2002-11-01 7 Project Management Workshop Workshop for new Project The workshop covers: Managers. Learn how to Project Selection plan, execute, control and Concept Phase complete a project. Save Development Phase time and save money when Implementation executing projects. Close-out Phase Workshop will be facilitated by experienced project For more info visit manager147 words
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Advertisement171 2002-11-01 7 my point of view Introducing the Leica Digilux 1. The world's first 89 year-old digital camera. The Leica Digilux 1 is truly a unique digital camera and symbolises the Leica way of delivering unparalleled optical performance and practical usage since 1913. Indeed, the Leica Digilux 1 is so remarkable it171 words
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Advertisement419 2002-11-01 8 Conference SID NUS BUSINESS SCHOOL on Creative Accounting and Incentive Compensation This conference is designed to facilitate the exchange of views amongst business practitioners, Practising professionals and academics on worldwide corporate governance concerns relating to creative accounting; related party transactions; and executive and director compensation, including the design, valuation and419 words
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Advertisement40 2002-11-01 8 I_ II VisM OCRA'« cfcfinrtiv^Ofl*hof^Comp»n!T^W«b*!t^^|| I l_www-ocra.com II jg Lianhe Zaobao I S'pore's I I contracted sum of I I investment in China I doubled I in first 9 months I I of the year I I tifln —fli I40 words
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Advertisement184 2002-11-01 8 HRjBHHHH CaU 1011-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CAP 50. 1994 ED) AND IN THE MATTER OF RYLANDES CO PTE LTD (In Members' Voluntary liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section H)8 of the Companies Act (Cap. SO. 1994184 words
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Advertisement227 2002-11-01 8 IN THi: MATTER OF thf: companies act. cap. so AND IN THE MATTER OE TIMES TRAVEL PTE. LTD. (In Members' \oiuntary Liquidation) NOTICE IS HERF:B\ GIVEN pursual lo Section I#t( I) of the Companies Act. Cap SI. thai a hinat (icncral Meeting of the above-named Company wilt he held al227 words
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SINGAPORE news
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Article, Illustration516 2002-11-01 9 AnnaTeo - Outlook bleak as figures raise spectre of doable-dip recession By AnnaTeo THE contraction in the key electronics industry dragged down the purchasing managers' index (PMI) in October. And the latest figures, analysts say, raise the spectre of a double-dip recession. The PMI dropped oneSource: SIPMM - 516 words
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363 2002-11-01 9 Anna Teo - R7? on the economy employment fty Anna Teo THE jobless rate rose to a 15-year high of 4.8 per cent in September as employment fell for the fifth consecutive quarter and sharply. The Ministry of Manpower (MOM) said yesterday the363 words
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138 2002-11-01 9 Reuters MYANMAR'S embassy in Singapore received a letter containing a small detonator and called in the city-state's bomb squad to destroy the device, a police spokesman said yesterday. The letter, written in the Bur- mese language and posted from Bangkok, aroused the suspicions of staff whenReuters - 138 words
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539 2002-11-01 9 Siow Li Sen - Banks also say they'd be more cautious on lending to unaudited firms By Siow Li Sen THE Inland Revenue Authority of Singapore (Iras) says it places some reliance on audited accounts because they facilitate tax assessment which will be music to the539 words
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411 2002-11-01 9 Kalpana Rashiwala - By Kalpana Rashiwala THE Singapore Land Authority is offering for application a reserve site for condominium development in Bukit Ho Swee next to Tiong Bahru Plaza and MRT Station, and market watchers say the plot could fetch about $70 million.411 words
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312 2002-11-01 11 Angela Tan - YESTERDAY IN PARLIAMENT By Angela Tan THE Payment and Settlement Systems (Finality and Netting) Bill was tabled for the first time in Parliament yesterday, which, if passed, would give the Monetary Authority of Singapore more flexibility in protecting crucial payment systems from litigations312 words
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195 2002-11-01 11 ANY anti-competitive behaviour in the media industry might see the offending company paying up to $1 million in penalties, according to a competition code to be released in the first half of next year. Acting Minister for Information, Communications and the Arts David195 words
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PARLIAMENT Briefs
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Article59 2002-11-01 11 CENTRAL Provident Fund members aged 55 and above will soon be able to withdraw their CPF savings at shorter intervals of down to one year as a result of greater operational efficiency, said Minister of State (Manpower and Education) Ng Eng Hen. Currently, members can withdraw59 words
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Article63 2002-11-01 11 ACCORDING to the Ministry of Foreign Affairs, the Australian High Commissioner in Singapore has conceded that Australia does not possess any information relating to a specific threat here. Last month, Singapore, along with eight South-east Asian countries, was cited in a high-level travel warning issued by63 words
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352 2002-11-01 11 Owners can contest valuation anytime bnt grace period for payment is shorter FROM Jan 1, property tax will be billed once a year in January, not twice yearly, and owners can object to the state's valuation of their properties at any time instead of352 words
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Article, Illustration575 2002-11-01 11 Chuang Peck Ming - All concessions off since Malaysia has rejected packagedeal approach By Chuang Peck Ming SINGAPORE will now stick to the letter of the 1961 and 1962 water agreements in the ongoing water talks with Malaysia. Updating Parliament yesterday on the bilateral negotiations, Foreign575 words
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278 2002-11-01 11 JOHOR had confirmed in 1990 the price of three sen per 1,000 gallon for the raw water it sells to Singapore, now a sticking point in the talks on water between Singapore and Malaysia. It did so when it signed an278 words
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491 2002-11-01 11 Below is the reply of S Jayakumar. Minister for Foreign Affairs (MFA). to R Ravindran (Marine Parade), who asked what is Singapore s position 'with regard to the remark by the Malaysian Minister Rais Yatim that Malaysia would enact a local law to491 words
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Advertisement121 2002-11-01 9 forclmondecj Value Ride Handling Styling Comfort Source from Motoring Magazine July 2002 3-YEARS/ Package Downpayment from $10,370* with immediate registration Hre P urct^ase mu st be from Hong Leong Singapore Finance through Ftegent Motors Umited. to stock and COE availability Limited units only. 'Terms Conditions Some features shown are Regent121 words
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EDITORIAL & opinion
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Article, Illustration758 2002-11-01 10 michael lewis - i!l=fl 1 bottom line OPINION michael lewis The writer, whose books include 'Next: The Future Just Happened'and 'Liar's Poker', 'is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg ONE of the striking things about the financial press during aBloomberg - 758 words
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Article127 2002-11-01 10 'You've got the full-mooners here already talking about a new axis of evil but there is obviously also a hard-core sector in the Workers' Party that says: We didn't wait 20 years to take office to be buddies with the US.' -Michael Shifter of Inter American Dialogue,127 words
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Article603 2002-11-01 10 A new strategic partnership EDITORIAL During the first months of the Bush presidency, many analysts were warning that Washington and Beijing were heading towards a major diplomatic, and perhaps military, confrontation over Taiwan Presidential candidate George W Bush had already stated that, unlike his predecessor Bill Clinton, he would view603 words
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Article, Illustration1218 2002-11-01 10 Leon Hadar - Normally, the mid-term polls next Tuesday would have produced a major electoral backlash against Bush his political allies. But 2002 is far from a normal political year From Leon Hadar The writer is BT's Washington correspondent in Washington ASK anyAP - 1,218 words
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506 2002-11-01 10 Chan Soo Sen - Chan Soo Sen Chairman EDRS Committee THERE have been various reports in the media on the Economic Downturn Relief Scheme (EDRS) which is due to end today. Allow me to take this opportunity to give the government's perspective of the EDRS. The EDRS was introduced506 words
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348 2002-11-01 10 Andrew Tjioe - Andrew Tjioe, Andrew Tjioe, President and Chief Executive Officer, Tung Lok Restaurants I REFER to your Hock Lock Siew column of Oct 24, "Tung Lok signals baffling". Contrary to your comment that "Tung Lok appears to have thrown caution to the wind", I348 words
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Advertisement38 2002-11-01 11 SS SUBARU 1 2-month Interest-free Financial Package Buying a Subaru All Wheel Drive car will be much easier. So take a testdrive today, Experience the Subaru All Wheel Drive Difference. Www subaru com sg Terms and conditions apply38 words
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REGIONAL news
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348 2002-11-01 12 Eddie Toh - That's when the port will declare its first dividends, says MMCs CEO From, Eddie Toh in Kuala Lumpur THE Port of Tanjung Pelepas (PTP) in Johor will only contribute to the bottom line of Malaysia Mining Corporation (MMC) by 2006 although the348 words
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228 2002-11-01 12 JAKARTA Bloomberg THE Export-Import Bank of the US, the government's trade-credit agency, agreed to Asia Pulp Paper Co's debt plan, even though it says Asia's biggest defaulter is holding out on creditors owed more than US$l3 billion. "We believe that APPBloomberg - 228 words
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NOTE Book
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95 2002-11-01 12 AFP [JAKARTA] Investigators have identified one of three suspects wanted for the Oct 12 Bali bombing, Indonesia's police chief said yesterday. "Based on the identification, we are hoping to arrest the other two because all three men were the operators (of the bombing)," General Da'iAFP - 95 words
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73 2002-11-01 12 Bloomberg [JAKARTA] Indonesia cut its economic growth target for 2003 to 4 per cent from 5 per cent, and raised its forecast for inflation from 8 to 9 per cent, acknowledging that the Bali blast will hurt the economy. It also revised itsBloomberg - 73 words
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81 2002-11-01 12 Bloomberg [BANGKOK] Thailand's central bank raised its economic growth forecast for the second time this year as consumer spending and exports continue to rise. The economy will probably grow between 4 and 4.5 per cent in 2002, faster than the 34 percent range forecast inBloomberg - 81 words
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Article59 2002-11-01 12 AFP [TAIPEI] Taiwan's leading mobile phone operator Chunghwa Telecom Co said yesterday its net profit in the nine months to September rose 30 per cent due to cost cutting in the face of falling revalue. Net profit came to NT537.02 billion (Ssl.9 billion), whileAFP - 59 words
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65 2002-11-01 12 Reuters [KUALA LUMPUR] Malaysian conglomerate Sime Darby said yesterday it hoped to finalise franchise talks with German automaker BMW by the aid of this year. "We are still in discussions. We have some progress but there is no final decision yet," group chiefReuters - 65 words
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Article, Illustration362 2002-11-01 13 Bloomberg [HONG KONG] Standard Chartered shares rose 3.6 per cent in their debut in Hong Kong, as gains in European markets on Wednesday boosted interest in the UK bank, which this month sold HK52.55 billion (***** million) of stock. The bank's sharesBloomberg; AFP - 362 words
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Article, Illustration430 2002-11-01 13 HONGKONG Tang Bin's HE firm faces more troubles as bank demands HKs3om payment Bloomberg AP Reuters EURO-ASIA Agricultural (Holdings) Ltd, whose chairman Yang Bin is under investigation for fraud in China, said its auditors and acting chairman have quit and one of its banks wants immediateBloomberg; AP; Reuters - 430 words
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293 2002-11-01 13 HONGKONG But US consumer wealth fell 7.6% in 3 years to end-2001 Reuters DESPITE faltering stock market returns and low interest rates, Asians boosted their personal wealth by 4.6 per cent in the three years to the end of 2001 to US$2.B trillion,Reuters - 293 words
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352 2002-11-01 14 BEIJING Regulators have finished drafting roles for foreign participation Reuters CHINA is expected to kick off a scheme to allow foreign investors access to its giant US$5OO billion A-share stock market early next year, analysts said yesterday. Securities and foreign exchange regulatorsReuters - 352 words
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Article295 2002-11-01 14 HONG KONG Politicians say increases will hit SMEs badly AFP HONG Kong politicians lashed out at sharp rises in the cost of phone calls to the mainland yesterday, voicing fears the hike would deliver a new blow to the territory's recession-hit economy. AsAFP - 295 words
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Article225 2002-11-01 14 HONGKONG Reuters TELEPHONE giant China Telecom will delay its massive initial public offering to next week due to insufficient demand in a tough market, sources familiar with the de«d said yesterday. "We will relaunch the deal no later than early next week," one sourceReuters - 225 words
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Advertisement1068 2002-11-01 12 RW4BANK RHBBANK BERHAD (Co No 6171 -M) (Incorporated in Malaysia) BOARD OF DIRECTORS a— The directors of the Bank who have held office since the date of the last report are Dato' Ah bin Hassan (Chairman) Datuk Oh Chong Peng Tan Sri Dato' Abdul Rashid Hussain Tan Sn Dato' Mohd1,068 words
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Advertisement174 2002-11-01 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AinOSIMUIATIONS ASIA PACIFIC PTE LTD (In Members' Voluntary liquidation) NOTICE OF FINAL MEETING TAKE NOTICE #iot o Final Meeting of the Members in *>e above matter will be held at 331 North Bridge Road, #09-01, Odeon174 words
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Advertisement186 2002-11-01 12 MALDEN INTERNATIONAL PTE LTD (In Voluntary liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act. Cap 50. the Fnal Meeting ol the members of the abovenamed company w# be held at 396 Alexandra Road #15-02 BP Tower. Singapore *****4 on Monday, 2 December 2002. at186 words
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Advertisement1598 2002-11-01 12 II IN IK MATTER Of THE COMPANES ACT CAP 50 ANO IN THE MATTER Of A ft P PHOTO STME PTE LTD (ki Members Voluntary liquidation) II Al an Eiliaoidinaiy General Meeiing of It* I Company held al fOI Upper Street #05 14 I I Peoples Part Centre S.naaport 05&35/1,598 words
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Advertisement852 2002-11-01 12 tses GES international limited (Incorporated in the Republic of Singapore) ARBN 063 850 448 NOTICE OF ANNUAL GENERAL MEETING AS ORDINARY BUSINESS 1. To receive and adopt the [Vectors Report and Audited Accounts of the Company tor the year ended 30 June 2002 together wrth the Auditors Report thereon (Resolution852 words
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Advertisement334 2002-11-01 13 (Jltrf-fet **********2 iwlltipfc f— jg FORM 69(3) IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TRfTECH MICROELECTRONICS LTD (IN COMPULSORY UQUIOATION) NOTICE OF INTENTION TO DECLARE DIVIDEND Name of Company. TRITECH MICROELECTRONICS LTD Address of Registered Office: c/o Deloitte Touctie 6 Shenton Way #32-00334 words
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Advertisement95 2002-11-01 13 vjv ,r mB \k x He us .-Ma v <o /F Luminor Mahina Automatic 44 mm i Brushed titanium and steel ry Commanding time.. Discovering its secrets. REVEALING THEM TO TRUE CONNOISSEURS. OFFICINE PANERAI: A WORKSHOP THAT TRANSFORMS IDEAS INTO WATCHES THAT DEFY TIME. PANERAI Where ideas come to life.95 words
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Advertisement270 2002-11-01 13 NEW LOOK NEW STYLE NEW FLOOR ONLY ONE THING HASN'T CHANGED. OUR CRAFT. ROYAL SELANGOR I NOW AT CENTREPOINT #03-02 URGENT PUBLIC AUCTION I VALUABLE SEIZED MERCHANDISE I High Value Bank Collataral Assets impounded under Preventive I Distraint in enforcement of Court Injunction ordered to be sold by I Major270 words
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Article, Illustration1068 2002-11-01 14 Tratisaction date: (kt 31 MTBRBAMK CROSS RATES C$ Bwt) Euro HK$ lad 8* BupWi Ten *m M »nw» Md SS tand Sfr ITTS tM Hmt USS Australia 0.868 4.592 0.56! 4.316 26.782 51.077 0.678 6.761 2.103 1.144 32.573 29.3*7 0.978 5.564 0.821 19.240 23.952 0155 0.553 Canada 1152 5.2891,068 words
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Article1558 2002-11-01 14 MOOM ruTwaBS Oct3i RU88ER Fabns (Oostaq prkrs) RSS1 (S centiAfl) Close Volume Open M«k Law Sttt (town) tjwij liflwto 1 V46.50 I Dec 02 147.75 Jan 03 148.50 F«fc 03 148.50 ISS 3 (US cents/kg) Volant Oom Sttt (towns) Interest *0*02 &2~T5 600 Dec 02 83.50 1700 J« 031,558 words
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WORLD news
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467 2002-11-01 15 LATEST US INDICATORS Consumer spending drives GDP growth as analysts worry abont a winter lnll AP, Reuters, Bloomberg [WASHINGTON] The US economy raced ahead at a 3.1 per cent annual rate in the summer, powered by consumer spending, especially on big-ticket items suchAP,; Reuters,; Bloomberg - 467 words
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269 2002-11-01 15 LONDON Reuters US AND Japanese fund managers shifted into US stocks in October on hopes of better economic conditions ahead but strategists in other regions cut equity holdings. A survey of 42 money managers in the US, Britain, continental Europe and Japan by ReutersReuters - 269 words
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341 2002-11-01 15 Bloomberg Reuters (TOKYO] International credit-rating agencies, disappointed over Japan's latest anti-deflation package, yesterday said they are not planning a review soon. Fitch called the plan a disappointing "damp squib", Moody's Investors Service described it as "vague" and Standard and Poor's (SAP) cited "lots of loopholes"Bloomberg; Reuters - 341 words
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279 2002-11-01 15 FRANKFURT Bloomberg DEUTSCHE Bank, Europe's biggest lender, posted a third-quarter loss after charges of about US$l billion for bad loans and investment writedowns. The bank had a net lots of 299 million euros (Sss2o million) and a pre-tax loss of 181 million euros,Bloomberg - 279 words
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674 2002-11-01 17 NEW YORK The top ten are keen to salvage their reputation and stock prices Bloomberg, Reuters WALL STREET'S 10 largest securities firms are ready to pay as much as US$l billion to try to resolve conflict-of-interest investigations that have pummelled theirBloomberg,; Reuters - 674 words
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261 2002-11-01 17 WASHINGTON LAT-WP FEDERAL securities regulators have proposed rules to make executives disclose more information to investors and to prevent top managers from selling company stock when employees are barred from doing so. The five-member Securities and Exchange Commission voted unanimously in favourLAT-WP - 261 words
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Article, Illustration465 2002-11-01 17 WASHINGTON Bnt he had informed SEC before being chosen for new post NYT SHORTLY before William H Webster was appointed to head a new board overseeing the accounting profession by the Securities and Exchange Commission (SEC) last Friday, he told the commission's chairman.NYT - 465 words
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Article, Illustration299 2002-11-01 17 AP [BRUSSELS) The European Commission on Wednesday fined Sotheby's, the New York-based auction house, 20.4 million euros (5535.6 million) for colluding with rival Christie's to fix commission fees, prices and trading conditions in art sales between 1993 and 2000. London-based Christie's escaped a fineAP; AFP FILE PHOTO - 299 words
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Article419 2002-11-01 19 NEW YORK It'd be sold like electricity, predicts new IBM chief P&lmis&no NYT AP IN his first major address as chief executive of IBM Corp, Samuel Palmisano on Wednesday predicted an era of "on-demand" computing power hosted on IBM servers and sold to customers likeNYT; AP - 419 words
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219 2002-11-01 19 LONDON Bloomberg LEHMAN Brothers Holdings Inc is Firing 80 investment bankers in Europe, or 20 per cent of those in the region, as the fourth-largest US securities firm reorganises its business, a person familiar with the matter said. Lehman is theBloomberg - 219 words
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223 2002-11-01 19 BRUSSELS Reuters EUROPEAN and US regulators have come up with ways of creating more harmonious reviews of transatlantic mergers, the European Commission said on Wednesday. The informal agreement gives merging firms a chance to meet EU and US regulators to seeReuters - 223 words
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Article4233 2002-11-01 15 Transaction date: Oct 31 for more, go to ivwwjasiaorienrnarketsjoom HONG KONG HKEnchangesaOeanng 10 35 025 3648 ioi ttS 1» Hong Kong Electric .3170 -010 1080 ».inK. r.n. i Hongkong Chinese 0.54 0 01 260 JJSrxlaVftwOri OOJ Urtl iSw HongkongChineseLtd 0S4 0 01 260 Angaria H101 22 Hopewell Holdmgs4,233 words
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Page 15 Advertisements
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Advertisement128 2002-11-01 15 Almost as complicated as a woman. Except it's on time. Something designed to appeal to men: the Portuguese split-seconds chronograph. A mechanical chronograph wrth a spirt-seconds hand to record intermediate f or second times. Ref. 3712 in 18 carat rose gold. Also available in stainless steel. s\ fWC •"•■nwaonßl WUoh128 words
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Page 16 Advertisements
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Advertisement1416 2002-11-01 16 uujiiicoo i unco, rnudy, nmvtmiuer i, ellipsiz ELLIPSIZ LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 7th Annual General Meeting of Ellipsiz Ltd will be held at 29 Woodlands Industrial Park El, Lobby 1, #04-01/06, North Tech, Singapore *****6, on1,416 words
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Advertisement321 2002-11-01 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TROPICAL PROMOTIONS PTE LTD (PROVISIONAL LIQUIDATOR APPOINTED) Statutory Declaration by directors of Company's inability to continue business by reason ot its liabilities Nome of Company TROPICAL PROMOTIONS PTE LTD Company No *****4026E I, Jackson David Jones,321 words
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Advertisement2154 2002-11-01 16 Mft= LANKOM ELECTRONICS LIMITED (Incorporated m Bermuda with limited liability) HEREBY GIVEN that a Special General Meeting of LANKom Electronics Lrmted (the -CorT»any-) wiK be heW at J«shan Inctostnal Estate. Jishan Village. Tanna Town. Xiangzhou District. Zhuhai City, PRC on 20 November resolutons' pur X)Se 0< conSKle,ln 9 and- thought2,154 words
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Advertisement430 2002-11-01 16 IN THE MATTER Of THE COMPANIES ACT (CAP 50, 1994 ED) AND IN THE MATTER OF NITSUKO COMMUNICATION SYSTEMS PTE LTD (In Members' Voluntary liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the n*rrbers of Ihe abcvenamed omparrv duly convened and held at 2-6-1, Kitamiata Tafcatsu-Ku, Kawasaki, lapan430 words
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Advertisement1274 2002-11-01 16 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF T.O. INVESTMENT PTE LTD (In Members Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 68 Loyang Crescent Loyang Offshore Supply Base Box 5117 Singapore *****81,274 words
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Article2436 2002-11-01 17 S Transaction date: Oct 31 KUALA LUMPUR f,mer4Ne,fve 346 unch 0 Vol FS8M 1*5 unch 0 MM (-000) fW Industries 016 unch 0 Gadanq 098 -0 01 2 ASM Realty 0.83 unch 0 Gamuda 5 70 005 269 Abric 106 0.03 10 GanadCorp .0.71 unch 0 ACP Industries .2902,436 words
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Article655 2002-11-01 17 TrutiMu tion date: Oct 31 ■'I w Omm Pm*, IJ*J ock t n toMo Oenim*Cm«M, on on out CM MOD *0JOD 5%B** 'MB -O >00 >»tm| w o M OCX .OOi'J Jjjy"*'®' tlj» 4>00 tcx U OK 1 WO *0010 2 4 1 Ji 4 >,<K ASOt «1 na»655 words
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Article582 2002-11-01 17 BONDS WARRANTS H Cam Eur 'oST Gw Caapani Sih ««r- rmi katic frtc« tag Laft ASTIW*****1 |J5 16 116 0 89 20 Afrna ltd W*****6 2 1 50 700 325 25 Amtek WOSO6IO JRS -1 96 1 33 1 48 32 Armstrong W*****0 15 05 14 1 10 92 400582 words
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Page 18 Advertisements
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Advertisement383 2002-11-01 18 cheer 6 to all our Outstanding Awardwinning Companies and Designers! International Enterprise Singapore congratulates the 2002 winners of the Singapore Design Awards (SDA), Young 4 Professional Designers Award (YDAPro) I and Young Designers Award (YDA). i We are proud to be the strategic partner J of Designers Association Singapore to383 words
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Article4513 2002-11-01 19 Transaction date: Oct 31 for live prices, log on to umm \asiao7iema rketssom i* *°L DV UtfQlwto 6ftt» ON G>TM MM MCw *<- rOOO) W0i Low liyr Stln Cir K tm* ABNA/moNLG 56c 9 12 l(u 20.5 9 ACE Dynami<320c 11.5 10 ***** 811 192 114 24.5 11.54,513 words
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Article54 2002-11-01 19 *L Grfft. M* GrVU MM MCa r 'f"l r"W W» l— >1» Mhr Cw nt jS 10JS0 7310 DumondJ U5B2S0 MOO 2700 ISDJUSTech UVTOOcdcd I SB 555 15 MSCI Spore USSSScdcd 118(0 1700 ISS4P500 US8270akd ***** £80 SPDHS U***** I I 1*>5 1383 ST1ETT 100 —1*0 inctl 254 words
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Article999 2002-11-01 19 99 a a a-; g-a s sss? jl i! g s 585 M AS Auto 10c 20 «5 132 20 5 20 19 20 It 7 155 05 IS 15 5 I 327 175 7 AsunwfecSc 95 9 10 m 21 6 AsunMKroSc 10 «0.5 10 10 10999 words
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Article270 2002-11-01 19 *25 tarnommm crUo m» crrw km mem ■EJ55 C—»■> W- P868| «WI Lmm —wr Mhr Cw M $3 115 75 *Vkn»9WS( AS0 *15 346 90 S 89 90 905 40 14 111 5J 19J7 ***1" 115 265 2.1 7.4 6 *****.2 J*"" 0 240 63 67 3 *****270 words
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EPICPRE/ESPLANDADE FESTIVAL
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Article, Illustration776 2002-11-01 20 JAIME EE - Viet Lang aims high but falls short as the quality of its cuisine is inconsistent, says jaime ee JAIME EE VIET Lang aims to be what most Vietnamese restaurants here are not a proper full-dining restaurant where beef noodles in varying permutations do not overwhelm the776 words
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Article, Illustration594 2002-11-01 20 Stephanie Burridge - Bu Stephanie Burridge ARTS lovers were spoilt for choice during the Asian Contemporary Theatre Festival, which featured a variety of hybrid entertainment performed as part of the Esplanade's Opening Festival. Western and Eastern art forms, fusion works, indoor or outdoor, free and expensive, mainstream, experimental,594 words
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Article323 2002-11-01 20 Sangeetha Madhavan - Bui Sangeetha Madhavan IF a Stringraphy Ensemble was a car, it would be a Volkswagen Beetle. It isn't exactly the well-oiled machinery of an orchestra or a even a chamber music ensemble like the Mercs and Beemers of the classical music world, but the experience is323 words
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Page 20 Advertisements
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Advertisement142 2002-11-01 20 I 1I I I *^i jf «I I ■>§ —|JI!Jill T^Mli|^^H|^BHBj]Ka|B3iß^^B^^^^^B 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 to spare 7 hours to fly there, then we142 words
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Advertisement57 2002-11-01 20 Features for your chom Hot all features are available on ol modeh madeinthe |mi 1 Hpnifl HBl J IMOIHI IT Bsp|' Ztsi^Q -ftig 140 Paya Letoar Road *04-06 A 2 Bu**ng Singapore *****5 Tt (65) 6743 8388 Fax (65) 6743 0202 E-mail net sg Showroom 1 76 Orchard Road *05-0357 words
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Advertisement50 2002-11-01 20 Complimentary BT at the mads IF you're not working tomorrow, you can still get a weekend copy of The Business Times at selected outlets at the following malls, with their compliments: Clarke Quay, Funan IT Mall, Junction 8, Liang Court, Millenia Walk, Plaza Singapura, Scotts, Tampines Mall and Tanglin Mall.50 words
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THE ARTS
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Article, Illustration742 2002-11-01 21 CHEAH UI-HOON - The Singapore Dance Theatre had a hot-blooded Latin American reception, says CHEAH UI-HOON CHEAH UI-HOON THERE is seldom ecstasy without agony, or glory without guts. This was only too true in Singapore Dance Theatre's successful debut at one of Latin America's biggest arts festivals, the InternationalFILE PHOTO - 742 words
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461 2002-11-01 21 Cheah Ui-Hoon - By Cheah Ui-Hoon FIRST, it was salsa dancing and the craze over Latin-flavoured pop singers like Luis Miguel and Ricky Martin that swept the world, and Singapore along with it. Now, arts aficionados can expect a larger Latin American presence as the Singapore Arts Festival (SAF)461 words
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Page 21 Advertisements
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Advertisement216 2002-11-01 21 Where to wine, dine and entertain... h: A World (rf Exdiisive Toappty jgrjLjk <W Jm Weekends and holidays are for hooding down to Coleman's for Tlmch where our buffet spread of over 50 dishes, endless flow of barley, tea or coffee awaits you. Make your reservations at (65) 6416 1132.216 words
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Advertisement124 2002-11-01 21 i|P #1 I Function Room available for your I I f* Company Dinner I I Birthday I I -Anniversary Dinner Danoe I I I Baby's Full Moon I I Buffet and Coffee Break I I VCD, Karaoke, full sound system, I I Maximum 100 pax I I Minimum Seminar -15124 words
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Advertisement38 2002-11-01 21 M ranq mahal haute indian cuisine efctitft <2) eve cl^/tava Pleasures For Discerning Palates lunch: 12 2.30pm (dosed for lunch on saturdays) dinner: 6.30 10.30pm level 3 the pan pacific Singapore t: 6333 1788 f: 6333 1660 rangmahal@hind.com.sg38 words
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Advertisement126 2002-11-01 21 Want to dine on our superb value-for-money set menus but can't make up a group of 10? You will be delighted with our Executive Set Menus specially designed for individuals and smaller groups. Ranging between $38 $78 per person. Available daily for both lunch and dinner. For reservations, please call126 words
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Advertisement70 2002-11-01 21 The Bistro goes Hungarian Whet your appetite with Feasant Salad. Hortobagy nmcake*, Dorozemai Fish. Try our full menu of pleasant surprises AvailaHe for lunch and dinner everyday from 1 to 15 November. L DIAN XIN ATTHE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 Oolm70 words
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Page 21 Miscellaneous
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Miscellaneous302 2002-11-01 21 CRYPTIC CROSSWORD ACROSS 7 B'uestelfiahOO) ,c. 8 Envious reaction not worth 1 End of war conference takes pressing? (4, 6) 12 Big worry about angry writer (5, 9 One n the rote of the leading 5) man (4) 13 Reliable dog required for the 10 Restriction on entry may be302 words
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BOOKS
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Article, Illustration870 2002-11-01 22 JAIME EE - One might just be persuaded to decorate the home every day after looking at Tropical Colors. ee reports JAIME EE AN ordinary banana leaf has greater possibilities to it than just as a disposable repository of cardamom-scented rice and rich curry gravies. Roll it up into a870 words
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Page 22 Advertisements
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Advertisement78 2002-11-01 22 TOSHIBA y A Ml -;^^£<s™«p^ ALL-IN-ONE, ALL YOU NEED. Great picture quality. Superb stereo sounds. Here's the plasma display with everything. A TV tuner. Stereo speakers. Detachable yet with the stylish built-in look. Stasia. The true plasma TV. Tuner Stereo Speakers 35" PLASMA TV STASIA TOSHIBA SINGAPORE PTE LTD Domestic78 words
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PERSPECTIVE
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Article660 2002-11-01 23 jaime ee - PTJHTR^cuTT Consider yourself lucky if your neighbourhood is one of the rare few where everybody knows your name and doesn't hold it against you jaime ee PHILOSOPHICAL question of the week: Why can't neighbours get along? Answer: They can't, because that would contravene the little known660 words
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Article, Illustration600 2002-11-01 23 Parvathi Nayar - Sweet H«me Alabama tries for one major change, but even then it offers no new insight on this tripartite dilemma Bu Parvathi Nayar DUSTIN Hoffman has a lot to answer for. No, he doesn't lurk among Sweet Home Alabama's black-and-white cast of nasties from the600 words
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Page 23 Advertisements
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Advertisement49 2002-11-01 23 vtei T HKJEK PHILIPPE Begin yd||awn tradition W mint* f Jvfßi B' J look after it for the next generation. Calatrava Travel Time by Patek Philippe < W^Jits«fKSmiturCmL < PuQL m±%ft%AGRL&m I*7 +X' tf- X*)l 77-9/K---'J|f7 K 6 Scotts Road, Scotts Shopping Centre 01 09. Singapore *****9. Tel: *****08. Fax49 words
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EXECUTIVE Lifestyle
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Article, Illustration1880 2002-11-01 24 PARVATHI NAYAR - There's a 'fantastic explosion' in the number of Botox users here, says a doctor. PARVATHINAYAR finds out what makes this treatment so popular PARVATHI NAYAR THE lines between your eyebrows are a dead giveaway that you've been wrestling too long with the Aesthetic Moral Conundrum: oneARTHUR LEE - 1,880 words
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SHIPPING TIMES
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Article261 2002-11-01 25 Reuters THE Baltic Dry Index (BDI) rose six points to 1,409, the Baltic Panamax Index (BPI) gained 16 points to 1,329, the Baltic Handymax Index (BHI) finned 21 points to 9,627 and the Baltic Capesize Index (BCD was unchanged at 1,825. m&CBABTER! Bocimar TBN (built 1996) 161,000 dwtReuters - 261 words
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Article266 2002-11-01 25 MX '000 W CWT Distribution 0.72 0.02 10 Chuan Hup 0.47 0.01 114 Cosco Investment 0.18 0.01 20 Freight Link* a03 unch 5 GB Holding! 0.66 unch 0 Jaya Holdings 0.25 unch 110 KeppelCorp 4.40 -0.04 1242 Keppel Marine 0.17 unch 350 Keppel Tele 0.96 0.02 132 Labroy266 words
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Article, Illustration635 2002-11-01 25 Donald Urquhart - Security measures in S'pore Straits, territorial waters have been enhanced since Sept 11,2001 By Donald Urquhart [SINGAPORE] Singapore's maritime security agencies have stepped up random escorts and boardings of merchant vessels, in response to the new global threat of terrorism. AndCHRIS LOH - 635 words
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Article, Illustration558 2002-11-01 25 Donald Urquhart - Carrier turning to Salalah to avoid war risk surcharges slapped on Yemen By Donald Urquhart [SINGAPORE] The impact of global terrorism caught up with two Singapore companies last week as Neptune Orient Lines' APL liner arm began diverting some calls away fromPSA PHOTO - 558 words
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139 2002-11-01 25 [SINGAPORE] The Singapore Logistics Association (SLA) is on the lookout for scholarship candidates aspiring for a career in one of Singapore's booming industries logistics. Open to those with good GCE O Levels and a minimum of two years' working experience in logistics functions, the $25,800 worth139 words
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341 2002-11-01 25 Beth Jinks - By Beth Jinks i [SINGAPORE] PSA Corpo--1 ration may follow the lead of Singapore's Neptune Orient Lines (NOL) and invest in ports in fast developing Vietnam. The Vietnamese governI ment this week labelled for- > eign investment as "crui cial" to341 words
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897 2002-11-01 26 Selva Kumar - ADMIRALTY CASEBOOK He could have stopped vessel by dropping anchor, US court rules -By Selva Kumar THE operator of a drawbridge that did not open in time causing a cargo vessel to hit it should not take all the blame for the897 words
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Article, Illustration95 2002-11-01 26 Reuters [TAIPEI] Taiwan's Evergreen Marine (right), the world's third largest shipping firm by capacity, said yesterday its September sales jumped 77.55 per cent from a year ago to NT$2.6l billion (*****.5 million). However, sales in the January-September period were NT$l2.l billion, a 9.95 perReuters - 95 words
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Article211 2002-11-01 26 PACE Gemartrans 4 A*ant K) W Btanq Mas 5 Glof V10 BSA 6 4 BSC K) Hamburg Sud 5 BTl 10 Heung A 3 CMACGM 3 HubLine 10 COSCO 3 HUAL 10 Central Ex 4 Hyundai 4 Chahaya 10 ln *o» 9 China Shpq 5 Indogulf 9211 words
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Article12372 2002-11-01 30 THEBUSINESSTIMES EXPORT P\ Vessel T*ephone ETA ETA Advertiser vessel Voyage Te*phone SIN Dest n Same Nam* Number MuMtar StN Dest'n Name Name Number Number AM 14/11 15/12 UASC ALFARAMIOI CMW 65 *****410 To ABIDJAN (ABJ) 2003 Cot* D'lvoir* T//n 10/12 cma com tba tba 45******00 08/11 02/12 D12,372 words
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SHIPS IN PORT
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Article643 2002-11-01 33 Vw' Voy Mo Berth Arrival Departure JURONG PORT BATEEN UK 050 J16/17 A/SIDE 01/10 150C CAGAYAN 16 J5 A/SIDE 01/10 100C GIADINH 09 FEB J14 A/SIDE 01/10 050C MEGAH DUA 34 J17 A/SIDE 01/10 060C NICO 3 3010 J4/5 A/SIDE 01/10 0630 SEHKAR2 JB106 J2 A/SIDE 01/10 030C643 words
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Article1588 2002-11-01 33 CONTAINERS TERMINAL and vessel schedules Vess In Bth Berthing Un- Berth j Name Voy Voy seq berthing Nmbr ACHIEVER 344 344 1 01/11/200? 10OO 01/11/2002 2200 K20 ACX LILAC 045N 04SN 1 02/11/2002 1500 03/11/2002-0100 102 ACX SAKURA 00% 009S 1 03/11/2002 1500 04/11/*****300 AL FARAHIDI C206E C206E1,588 words
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Article143 2002-11-01 33 Nov 1 France: All Saints' Day. Philippines: All Saints' Day. Nov 2 Sweden: All Saints' Day. Not 3 Japan: Culture Day. Malaysia: Deepavali. Singapore: Deepavali. Not 6 Brunei: First Day of Fasting. Not 11 Italy: Remembrance Day. France: Remembrance Day. Belgium: Remembrance Day. Canada. Remembrance Day. USA: Veteran's143 words
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Article815 2002-11-01 33 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and815 words
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Article443 2002-11-01 33 n-4 >i 5"??" WO Max 991.5 0.4 15.0 0 08 49 0 04 22J2 P»wltT Water HtMm AiMI—W—i S Hi Mint No above £25 1 0 0 0 0 0 %h/m 380 Ave 985.6 02 M.8 0.05 24 0 02 •MM %vn %um *****8 7 0443 words
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AIR & LAND transport
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Article, Illustration412 2002-11-01 34 Bat key question of fanding for extra measures is still up in the air Reuters [BRUSSELS] European airports are to tighten security procedures under new European Union (EU) rules aimed at reducing the risk of terrorist attacks, lawmakers said on Wednesday.Reuters; REUTERS - 412 words
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282 2002-11-01 34 AFP [HONG KONG] The Bali bomb blasts do not appear to have had a noticeable impact on air travel in Asia, industry figures said yesterday. "There appear to be no major implications, apart from a redeployment of traffic to other destinations perceived asAFP - 282 words
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Article, Illustration89 2002-11-01 34 [EVERETT, Washington] American actor John Travolta (right) cuts the red tape while chief executive officer and president ofßoeing's commercial airplane division Alan Mulally (centre) and Quantas executive general manager David Cox (left) assist at the delivery ceremony of the first production 747 400 Extended Range jetREUTERS - 89 words
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215 2002-11-01 34 Bloomberg [FRANKFURT] Deutsche Flugsicherung GmbH air traffic controllers are demanding a 6.5 per cent pay rise, reducing previous pay demands, after they failed to reach a settlement ahead of a second round of talks. Ver.di, the union representing the 5,400 air trafficBloomberg - 215 words
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Article, Illustration731 2002-11-01 34 MEW TORS CRASH HEARING NTSB examining whether tail fin had design flaw or was nsed improperly AP [WASHINGTON) Representatives of Airbus Industries and American Airlines traded accusations about who was at fault for pilots' apparent lack of knowledge about how toAP; AFP FILE PHOTO - 731 words
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Article1924 2002-11-01 34 BMW IM MB Of $025 0700 $0326 1240 MtrtM* LW» 2245 LW64 845 8*7305 2255 S0229 2245 S0325 1545 0f5 2255 AmtttrtM S023 0635 *1838 23* LMT78 «0 LK9763 2350 6*975 0815 SO 34 2345 ««7* 1650 IK9766 2350 (1.(37 $***** 1650 S026 2350 8*7306 18251,924 words
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Page 25 Advertisements
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Advertisement20 2002-11-01 25 II European II It I airports 1 I I to tighten I I IB 1 1 security I I I20 words
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Page 26 Advertisements
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Advertisement616 2002-11-01 26 I USA/CANADA j EXPORT I OTHER DESTINATIONS I [VBSa IWWI W6 |«IMWIS|OK«6OIIKWTOMII II TO AUSTRALIA (AUSTRALIA ARIA typnccci ~~l 00Q CHINA 50(44 79/10 1/11 17/11 TW\ W\ K/fi |*U»TWALIA ASIA EXHWfcIWt OOdJAMN 43(45 Mil 10/11 VII 30/11 03/1? 01/1? 01/1? 04/1? «6 STP m AM. OOdNOieUNDS 41(44 14/11 13/11 OZ/1?616 words
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Advertisement99 2002-11-01 26 WORLDGATE EXPRESS LINES PTE LTD 18 Cecil Street, *16-03/04, Bangkok Bank BuHdhtg, Spore *****6 Tel: *****911 Fax: *****073/*****863 Email: wgate@mbox2.Binqnetcom so WEBSITE: http://www.woridgate.com.sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS MWHttnat I Tana IB —I ——rrtnfimtri 5 .GSSBSy IMI i m S mmik Sffl— SSL ofji Soii owl S ug99 words
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Advertisement627 2002-11-01 26 L»nes services represented by Member* of iheßegislry of Members of rfte fclssill Accredited Shipping Agents Singapore logistics >■7 Singapore Skipping Association Association coronas/ CONVENTIONAL CARGO 'j.kVX^fw»wiui«c/M««K/i«u«i»i«Aiwu* WW ETAPKL ETA SIN ETA MAI*: PH*n*Ul) ME 17/11 Wll s/|| IJh INK Wt! IVIZ Ul> MAKJNK SKRVH'KS SIMiAPURK tv«r SU4 7M4 (3MW4* Fu:627 words
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Page 27 Advertisements
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Advertisement1018 2002-11-01 27 TO EUROPE FROM EUROPE wr si i« w wv iou m llvßsa vcnr no mmm m sou uh aT HYUMMi MSCOVBY 311W M/ 11 D/ 11 14/11 10/11 »/lJ N&PVOMS 004M7/10 U/10 10/W M/ 10 05/1 apiwam i<nw o//ii 17/11 10/11 zs/ii via** iok 17/10 n/w 15/10 00/ i mrafCMMNa1,018 words
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Advertisement1454 2002-11-01 27 KMIIfUMMiM DIRECT CAIITO COUM44O 4 DAYS amnTtTMNMa 1*4114 mi immj mmuiP Ol mtostu I BANDAR ABBAS •12 DAYS JONOrSOmO: M24J025 *****314/44 I (OCTAMAGfNOtS SMIHD 10:07-*****44 HUL 07 3J***** CO«V[|fTto*M *****341/OS4 *****373/73 I CKCOMMIOie/110/E 02/11 SSI w/ll "l full™ m 1""" m J" m m mm 041 m"• »> SSffSK SB1,454 words
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Advertisement558 2002-11-01 27 W PK6 SW fGU IjC SHA USR PUS IX ygy y* MITtIEEIWG MM VII VII 7/11 10/1113/1) IVII M/ 11 |»/H AQUUC kmtcmsAM jisßiyi) IVII ivii 17/11 w/1122/11 tvii ?vii AamutA oo9ti vii m —ilTir |KMT( HOWGKOMG|2ISI»H»/ll|2o/IH2I/1I |?VII |27/11 |2t/*****/1113/12 |AO WOLET 049N M/ 11 20/11 Tl/W 3®i JQL JUL558 words
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Advertisement1056 2002-11-01 28 HYUNDAI MERCHANT MARINE CO., LTD. a NO. **********0H vtaa wt aw souiai i» m hw Ytssti vot sou uh m awt haji KV "88" tnvMHiM ili2 m/!! M/n 11/11 14/11 ■a'wawAwa 0041 04/10 os/io 71/01 01/10 77/10 Aft DENMARK IO3W 07/11 74/11 M/ll 71/11 API DENMARK 1071 30/01 07/10 04/101,056 words
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Advertisement962 2002-11-01 28 WAN HAIUNES (S) PTE LTD VNN\wAN HAI LINES mn m 1 "5 «»"»*on»i«i,» xmm ml <uu mru/ mm www.waalMi.cMi.tg O n > i a«i«»M:«i)i»«ii«««:m»/7i»»i wt/iun J -Mil K—l I l 1 YOl _j« JflE 110 IB IK m H m "jff •JJ*" IBMiia Ei| PP 1M! %i 88 Ml SfrIf*962 words
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Advertisement674 2002-11-01 28 staturj&t WEEKLY EXPRESS SAJUMG SCHEDULE 9 also accepting to all northern ano western icq points vot sw muK coummo »mm coum»o~ mwtwDHi liw aon 300 a biw liiiw nsmsni saisw www otww iqmov i 3W( towHmow mow nw i3»o» i;w» wwt ~^T~ Muwwm rwwn 11 ww www utton vww 30674 words
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Advertisement1037 2002-11-01 29 IRISL, IbfflJl] U&stiui)(s) {few ih) Suulksmsi [p>&i(ji)ih3 UtrJ UlfeJljJ (°ig W&Jl] (°j& fts) (SjoUGQ* (£&}JljQi)lilj@£ HfJ i]ih& ifUIXU&Q AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SINOSE MARITIME PTE LID CR N0 **********0H BOUSTEAD SHIPPING AGENCIES SON BHO PT SINOSE CONTI PFRUna K KL TEL: 03-*****300 FAX 03- 21,037 words
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Advertisement558 2002-11-01 29 1j UK CONTINENT SERVICE Loading tor MICHAEL S RDM/ATW/BMN/UK/NAN OURANIA SMILE RDM/ATW/BMN/UK/NAN HUA GUANG RDM/ATW/BMN/UK/NAN Loads Sngapore. E7W. Malaysia. Indonesia MIDPLE-EAST SERVICE Loading for KALMA HDO/JDH/AQA/DMT HIGHLAND LIGHT DBl/ABU/DOH/BRN/DMM/KWT LOK KIRTI DBl/ABU/DOH/BFtN/DMM/KWT HABIBE ANA HDO/JDH/DMT tm ANGELA HDO/JDH/AQA/DMT MANA DBl/ABU/DOH/BRN/DMM/KWT J "Loads Sngapore. E7W Malaysia. Indonesia I USA SERVICE -I558 words
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Advertisement778 2002-11-01 29 iMFraj«A 1 mot* §®7n; una VOT ai teE |S «*-=«i= I&>ffi=st=dBS=3s= MMiimu VlZmkn M/ 11 os/Tl tonsil *®f ML. —9 m»107 w/n nfn~ ilottßffi Sm jjjpoiimss i jaoim 15/11 17/TT~ iotaruuu oi« fi/H nm l-S 6fi) —fjfifS^jL,. s®7i £771 EHI v»» >^yiili Tq^™!™ •raff 382 SHH S«f- -35! ~wti own778 words
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Advertisement315 2002-11-01 30 LINE Honjin Felixstowe 076E" 05/11 22/11 "03/12 IM— Honjin Felixstowe 076E" 05/11 14/11 20/11 21/11 Haniin Felixstowe 076E" 05/11 17/11 ~27/11 28/11 30/11 ~~02/12 Honjin Felixstowe 076E" 05/11 18/11 05/12 California Senator 950E 12/11 28/11 04/12 05/12 California SenJtoT 950E 12/11 10/12" 19/12 "WIT "227T7 24/12 28/12 I California Senator315 words
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Advertisement176 2002-11-01 30 HASMtt LOAPmfOj 2 NOV COLOMIO 30 OCT MUMBAI 12 NOV MUMBAI, KANDLA 12 NOV KAKINADA 11 NOV KARACHI W—kly Container ir»K» to Colombo, *1 todwn Pom and P. OuH ETA ETD LOADMG FOR JUN 3 22/10/2002 23/10/2002 PHNOM PENH A VUNGTAU JON 3 02/11/2002 05/11/2002 SMANOUKVRXE TROPICAL ROSE 08/11/2002 11/11/2002176 words
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Advertisement295 2002-11-01 30 U CWT GLOBELINK PTE LTD 1 ~W OWN OFFICES IN TEL:6225 1833 (36 LINES) FAX *****742 M SYDNEY MtLBOUBNC PENANGPOBT KELANG PASIB GUDANG KUCHING BANGKOK KARACHI BOUBAY NEW DELHICOLOMBO HO CHI MINK CITY HAIPHONG HANOI BBEMEN HAMBUBG TIANJIN OINGDAO I SHANGHAI XIAMEN FUZHOU DALIAN XIAN BEIJING SHI UA ZHUANG MST295 words
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Advertisement234 2002-11-01 30 BSAI tegfe MYANMA nBBk FIVE STAR UNE "[sure TOSfl VOT sw PU KH KM OM SHWf HAW S4W SU) MGAN V3O6W SU> IN MALA TSI A: OOUSTMD SHIPPING AGCNCHS Wit 03-*****300 PtL 03-317M101 PU: 04-2****** BANK LINE *nrkt Aedrtw Wtir Sfciyyiej) VT" I northbound to eukope V CONTAINER, RORO, MIX234 words
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Advertisement705 2002-11-01 32 Twcnuft il/Mli.Mplfl BBT Z, SSB! SSI! I SSHJJ" °2! I,,vn 1,71/11 *-®/ii I TOasrr om 1504/11 2274/11 7930/11 I VtSSfl VOT SJM CAl^^^Srt^^l MUM *n SWH ulSfl mIsTTI I sj»«jro*a si* 0949/11 1111/11 n n/i 1 I JSSTPr, 345 "W ?s?7/ll OS 04/12 I Tj6aQJff_ 057 1» w/il ?S?7/11 04-07/1?705 words
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Advertisement818 2002-11-01 32 [VKSiINAMi VOY SMGAPOCE PORTKOANG CMTTAGOWG MONGU ra HP FTA FTP FTA FTP *1 !<ZU 06/11 04/11 IS/11 19/11 11/11 13/11 01N129 SAT 09/11 iim KPKIim 04*053 MON 11/11 ism i?m <xu t w »/ii ~uTTI ***** uTTI ***** jOCMOIIOUR 07M050 SUN 17/11 U/n w/ M/ 1 A FREIGHT LINKS EXPRESS818 words
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Advertisement43 2002-11-01 32 CONFER (S.E.A.) igd SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD 10-11 NOV 15-20 NOV DIRECT FCL/LCUCOMVENTtOMAL SERVICES TO££cl S~vicTfJT H on9 Austraia SyOwy Mstxune Hmtuf Af»«w<p Ro«*dar, ta»We9Med Jeddah Goa Tauro Lamaca Genoa Barcftana43 words
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Advertisement1013 2002-11-01 32 I \/dl PDZ LINES SKWtfOK: TOMGIOO SM>fW6 HI OP Cfiwit ntt fli/ii iGituftt ;;1I Lwl? I™" I p 5^11 SWIM I 2is< os/n Igmowc ot| JMI tyil "ggg. Jfjj- GtUAW »46 13/11 iPMSSSWf m I mil SST" omSriSr-n^-r 9 H46 »/n am 2160 ~Tt/n lame ~Sr~ I 6 6 cuoo_1,013 words
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Page 33 Miscellaneous
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Miscellaneous123 2002-11-01 33 p=l LEGEND Issued by Meteor Division, NEA PC Thunderstorm Showers y^\ Rain Temperature Cp/ direction an( j speed m knots ClcdyDay Wea,her U CO Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j S'' 1 2m *One half fleche123 words
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Advertisement295 2002-11-01 34 FAR EASTERN FREIGHT CONFERENCE (FEFC) WAR RISK SURCHARGE Due to the current situation in Yemen and the increased costs of War Risk Insurance, Member Lines of the FEFC will implement a War Risk Surcharge of USD 250 per TEU lor all cargo discharged In Yemeni Ports with Immediate effect. Member295 words
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