The Business Times, 14 November 2002
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2002-11-14
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The Business Times
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Title Section11 2002-11-14 1 THE BUSINESS TIMES SINGAPORE THURSDAY, NOVEMBER 14, 2002 MITA (P) 010/03/200211 words
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Article67 2002-11-14 1 sn UH.75 (-11.24) ST INDEX FUTURES 1,388.00 (.22.00) SDCSCI FUTURES 17L10 (-2.50) STOCK BASSET INDICES Wednesday Change KLSECW MSJM -4;« NIKKEI 225 S,43Ka2 2&£> HANG SENG _9j6t«6i +17H senndex me; i« mkakta imr id .i_«w MANILADOMP |jlS«4a .4 iti TAIH3 WPI 4.1*71.77 4 70 SEOI'LOOHP -iff SHENZHEN B,67 words
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Article76 2002-11-14 1 FOBEZ BATES I'S$ s$ I'SS |SSper!'SS) 1.763 £(i:S$/SS per S)._. 1.5*7 2.79* KI RO|l'SS SS/E|. 1.010 1.781 YEN 119.7 67.911 KM .1*00 £15# HKS 7.799 4.425 BAHT 43.15 24.48 RIP1AH 9.050 5,134 PUKE BATES SLVOtfORE* KI ALAU HH E Mil HONC Ki>\lJ *mm JAKAKTA 3BI .Ml TAJWI S6ii niKYO.76 words
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1000 2002-11-14 1 Conrad Raj, Loh Hui Yin - Deal sealed at $2.03 a share; Oei Hong Leong's belated coanter bid of $2.05 rejected By Conrad Raj, Loh Hui Yin [SINGAPORE] In a dramatic turn of events, hotel magnate Ong Beng Seng's 98 Holdings has won the battle for DBS Holdings' entire 14.671,000 words
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Article, Illustration671 2002-11-14 1 Kalpana Rashiwala - Major office property players welcome move By Kalpana Rashiwala [SINGAPORE] The government may not release a New Downtown site for a mega business and financial centre (BFC) in the first half of next year as earlier announced, National Development MinisterARTHUR LEE - 671 words
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428 2002-11-14 1 Strong productivity growth will help businesses rebound AFP. Reuters [WASHINGTON] The US economy has hit a "soft patch" because of corporate scandals, falling stocks and heightened global political risks. Federal Reserve chairman Alan Greenspan said yesterday. But lower interest rates shouldAFP.; Reuters - 428 words
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414 2002-11-14 1 Subsidised flats also to go; analysts see no immediate effect Reuters [HONG KONG] Hong Kong will suspend sales of government land and subsidised housing as part of a package unveiled yesterday to boost consumer confidence and stabilise the ailing property market. "TheReuters - 414 words
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Page 1 Advertisements
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Advertisement111 2002-11-14 1 nnapE BT Comment Wong Wei Kong: Enforce governance code, not quarterly reporting. Pg 4 Kenneth James: Will PDA players be the next to be Dell-ed? Pg 24 Top Stories CEOs in America expect to cut jobs, freeze investment next year. Next Page CPF will appoint consultant for lowcost pension plans.111 words
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Advertisement19 2002-11-14 1 Developers think exec condos still relevant. Exec Suite, Pg 12 Bash mull* over options to spur economy, Pg 1919 words
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Advertisement148 2002-11-14 1 A proud watchmaking tradition L U C 1860 self winding chronometer, double spring barrel LU C "Twin". integrated rotor Jr j Hi K" z mm lii mm. H 29 ■*>■'• f~s fcf 2> w www chopard com The L U C collection ,s exclusively available at selected watch specialists and148 words
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Advertisement5 2002-11-14 1 DBS can expect shareholders' wrath5 words
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ON THE grapevine
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Article146 2002-11-14 2 US investment newsletters always make for interesting reading because most usually say it like it is. For instance, in its November report, Sadoff Investment Management said: "Let's talk. Are you sitting down? OK, I'm not going to beat around the bush. I'm just going to lay it out146 words
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Article148 2002-11-14 2 UNEMPLOYMENT figures are usually a big and accurate indicator of how an economy is doing. But what if the figures don't tell the whole story? In Barron's Nov 4 issue, Alan Abelson quotes Sherry Cooper of the Bank of Montreal Financial Group, who comments on the deceptiveness of148 words
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328 2002-11-14 2 Genevieve Cua - It will advise on criteria for providers By i Genevieve Cua [SINGAPORE] The Central Provident Fund Board will appoint an investment consultant to help in the design and structure of low-cost pension plans, said Tharman Shanmugaratnam, senior minister of state for trade328 words
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537 2002-11-14 2 Chuang Peck Ming - Survey raises serious concerns for economy: Business Ronndtable Ry Chuang Peck Ming [SINGAPORE! The chief executives of some of America's top companies say they are likely to cut jobs and freeze investment in the year ahead a sign that the537 words
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493 2002-11-14 2 Tang Weng Fai, Audrey Tan - Analysts estimate cost saving at np to 25% of outsourced services Hyl Tang Weng Fai, Audrey Tan [SINGAPORE] The $1.2 billion deal announced by DBS Bank on Tuesday to outsource its IT operations to IBM Corp could be the thin edge of a493 words
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259 2002-11-14 2 [SINGAPORE) DBS yesterday clarified that it retains con trol of its IT security functions, having outsourced only selected IT services and infrastructure to IBM. It was responding to queries from a BT reader who said that DBS should address the question259 words
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Article42 2002-11-14 2 OUR report. "Econ Healthcare and MultiVision to launch IPOs", yesterday carried a subhead which said Econ was headed for the main board while Mul tiVision was targeting Sesdaq. It should be the other way round. We are sorry for the error.42 words
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Advertisement428 2002-11-14 2 SEMINAR ON Recent Corporate Tax Developments Date: Wednesday, 4 December 2002 (1* ran) Tuesday, 10 December 2002 (2* ran) Time: &30 a.m. to 12:00 p.m. Venue: Grand Copthorne Waterfront Hotel, Grand Ballroom 1, Level 4 Since the 2002 Budget Statement on 3 May 2002, the Inland Revenue Authority of Seminar428 words
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Advertisement228 2002-11-14 2 The crucial hours Takeover battle for Nat Steel Nov 12 around noon: Excel Partners approaches DBS Bank with an offer of $2.03 per share for its 14.67% stake in Nat Steel. Excel is a partner in 98 Holdings. Excel tells DBS that all Nat Steel shareholders will also receive the228 words
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Advertisement88 2002-11-14 3 Page 2 I VACHERON CONSTANTS Manufacture Horlog£re. Geneve, depuis 1755. HHM IB V> TIL Ov Pb -ABKH^B V /JgMH9^^^^K I r >^S .^j^^ltfHHwß^qsSßMßifllHlniim^^^^^K vs. i cWBRr ipiW Ji jfijTfMßmrßßiß^^^^^^^^m^^^^BßifHmwliTllJ^^^^Bß I wiii'lMlHl'Wll /ff-e- ft'« -/yf~z£~ Masterpieces. From time's finest artists. <€>• Cortinawatch SINGAPORE: Cortina Watch Raffles City #01-36 Tel: 6339 918588 words
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SINGAPORE companies
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401 2002-11-14 4 Conrad Raj - But he's nnlikely to be buyer of Temasek's 4.23% stake, contrary to market talk Byi Conrad Raj AS he was busy raising his bid for Nat Steel yesterday, businessman Oei Hong Leong was also rumoured to be behind heavy trading401 words
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COMPANY Briefs
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46 2002-11-14 4 SINGAPORE Airport Terminal Services handled 128,990 tonnes of cargo and mail last month a 17 per cent rise year on year. It also handled 2.04 million passengers last month, or 15 per cent more over the same time frame.46 words
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Article49 2002-11-14 4 GOLF equipment firm Transview has opened a retail store at Suntec City Shopping Mall which it says will contribute positively to the bottom line "in the near future". But the store won't have a significant impact in the short term, Transview said yesterday.49 words
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41 2002-11-14 4 CONSTRUCTION firm Tiong Woon says its wholly-owned Thai subsidiary has won a $6 million crane supply contract for the construction of Suvarnabhumi Airport, Bangkok's second international airport. The contract will contribute to current-year earnings.41 words
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Article96 2002-11-14 4 WBL Corporation said yesterday that its subsidiary Wearnes Global has incorporated two new units China Lane in British Virgin Islands and Wearnes Global (Shanghai) Corp in Shanghai. China Lane will be an investment holding firm while the Shanghai unit will trade in and distribute electronic96 words
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470 2002-11-14 4 Tang Weng Fai - Deal to include sale of satellite capacity to Foxtel By' Tang Weng Fai AFTER eight months, the Australian Competition and Consumer Commission yesterday finally gave the nod to SingTel-Optus and Foxtel Australia's largest payTV operator to share programming content. The deal will be470 words
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639 2002-11-14 4 wong wei kong - I lock siew wong wei kong Quarterly reporting is mandatory but the code of corporate governance isn't. Somehow, it doesn't gel. From Jan 1 next year, compulsory quarterly reporting will be a fact of life for most companies listed on the Singapore Exchange, except639 words
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210 2002-11-14 4 PDC Corp said yesterday it plans to rationalise its property and construction-relat-ed activities by centralising them under wholly owned subsidiary Hong Lai Huat Construction (HLHC). At present there are four such units: HLHC, Hong Lai Huat Realty, Macro Machinery International and Proveho. The rationalisation210 words
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211 2002-11-14 4 A CHINESE national has emerged as the second biggest shareholder of scrapmetal recycling group Green World Holdings, after striking a deal to buy 5.4 million new shares for $1.35 million, or 25 cents a share, earlier this week. The buyer. Tang Yiming, will subscribe211 words
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618 2002-11-14 5 Vince Chong - Yields forecast at around 8%, trading expected to start next Tuesday By Vince Chong THE Ascendas Real Estate Investment Trust's (A-reit) initial public offer has achieved an above average subscription rate of about five times, a performance which market watchers618 words
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Article, Illustration379 2002-11-14 5 David Boey - David Boey SEMBCORP Industries, a diversified engineering group, said yesterday its shareholders approved with "overwhelming support" its proposal to sell its 75 per cent stake in listed food pro cessing firm. Singapore Kjhkl Industries (SFI). to its own shareholders at 70 cents for each SFISource: Bloomberg - 379 words
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341 2002-11-14 5 LISTED door maker and retailer KLW Moldings* worries are almost over and things are looking brighter, says executive director Lim Kok Hui. "This year we'll come back into the black." he told BT yesterday. "We were in a difficult situation. I must341 words
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Article, Illustration521 2002-11-14 7 Angela Tan - Frost and Sullivan sees Sing Tel emerging as strong regional player By Angela Tan TELECOM operators in Asia, struggling to compete and survive in the face of limited funding, may be forced to merge to become stronger regional entities. Frost and Sullivan's521 words
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261 2002-11-14 7 Wong Wei Kong - uy Wong Wei Kong UNISTEEL Technology yesterday reported a 115 per cent jump in nine-month net profit to $11.7 million, from $5.4 million a year earlier. Net profit in the nine months to Sept 30 exceeded 2001's full-year figure of $10.2 million. Earnings per261 words
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Advertisement68 2002-11-14 4 yv The Royal Bank Scotland pic SINGAPORE BRANCH JaBPWPfy/Wi THE KEY TO YOUR UK PROPERTY FINANCE For further information, please contact directly: Joyce Tan Tel: (65) 6416-8751 or E-mail: joyce.tan@rbos.com Amy Wee Tel: (65) 6416-8757 or E-mail: amy.wee@rbos.com Eileen Tan Tel: (65) 6416-8756 or E-mail: eileen.tan@rbos.com Main Tel: (65) 6416-860068 words
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Advertisement510 2002-11-14 4 ULTRCt/ T C/h N/6 I 0 C I I S ULTRO TECHNOLOGIES LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the FIFTEENTH ANNUAL GENERAL MEETING of the Company will I be held at 1 Changi Business Park Avenue 1 #05-01 Ultro Building Singapore *****8 on 29 November510 words
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Advertisement167 2002-11-14 5 Simgard JEWELLERY TAILOR Since 1967 Hong Kong Singapore CELEBRATING 10TH ANNIVERSARY DM SINGAPORE Manufactured samples CLEARANCE& SPOT LUCKY DRAW Monday-Saturday 10am-6pm PH Sun: By appointment #02-47, Tanglin Shopping Centre 19, Tanglin Road Singapore *****9 Tel: 6735-5589 Email: sunga33@singnet.com.sg For every $500 purchase per receipt, gel one chance of winning another167 words
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Advertisement138 2002-11-14 5 Mm Azienda Agricola Comelli Paolino V J There is a complex world to be discovered in the Azienda Agricola cdgp W Desiderio Bisol <g> microcosm of Italian wines, and the Italian Trade wAun Commission will unveil part of it through a Friulane Banear H Promotion of Italian wines in Singapore...138 words
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SINGAPORE markets
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Article, Illustration335 2002-11-14 6 OTHER SINGAPORE INDICES Nov 13 VALUE CLOSE ■T O&DS -463.00 +82.00 ■TGMN -*****.00 -74.00 BTlO-AqrlM -*****.00 -4700 AS-SG EqhMM 364.52 -2.66 SfiTpMii DilI -3.22 Fta 1251.82 -4.36 iQEtpMatPtap 335.13 -1.53 MSaTifpin 172.37 .1.3Q SOCSa Futarts 171.10 -2.50 Stocks Volume BIL Inll US20c 22,240.000 People s Food HGK 50c 20,333,000 Chart335 words
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Article, Illustration300 2002-11-14 6 R Sivanithy - HOT STOCK/ WARRANT By R Sivanithy IT was a little over nine years ago that Singapore Telecom listed amid much fanfare and publicity. At IPO, it commanded an astonishing price-earnings ratio of 27 times and was even touted as being300 words
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Article, Illustration749 2002-11-14 6 r. sivanithy - nTlcomment STOCKS r. sivanithy IN the stock market these days, one month is a lifetime. It was exactly a month ago on Oct 15 that the Straits Times Index surged 51 points in one day to 1,429, prompting optimists to speak of a possible749 words
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Article, Illustration557 2002-11-14 6 larry wee - Greenback continues to wallow despite bad news elsewhere CURRENCIES rT7comment larry wee CURRENCIES traded mostly sideways in Asia yesterday ahead of US Federal Reserve chairman Alan Greenspan's testimony to Congress last night, but the greenback's topside continued to feel heavy despiteSource: Reuters - 557 words
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Article3129 2002-11-14 6 UNIT TRUSTS FUNDS S Barney Select Eqty Dividend Ptfl OV S 8 Sel Gib Business tdrs Ptfl(SGO) 082/ S B Set Gib Business Idrs Ptfl(USD) 081/ A8N Amro «M Mgt (S'pore) Star Europe Eqty<* z 0608/ CaawMiAMIM Star Europe Bd 1 io* Com Global Finance Index Fd 0 72V Star3,129 words
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Advertisement349 2002-11-14 7 Jd Website: VOMEISHU Location: When do you need J To be bright and cheerful at W W all times you need to be in the pink of health. Maintaining Bp; m-'y- m u. H good health is important if B|tߣ Ltjf M you want to get the most out '1349 words
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FOCUS natsteel
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Article, Illustration1786 2002-11-14 8 Lee Hau Shih - DBS may have missed out on Oei's belated but higher offer, says Lee Ban Shih Lee Hau Shih BY appearing to have sold its Nat Steel stake too quickly, DBS Group may face the wrath of some of its shareholders today, includingCompiled by BT - 1,786 words
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Advertisement232 2002-11-14 8 Where to Mine, dine and entertain... A World of Exclusive Privileges Treats 7 HHi wwwxUnersxooLsg Savour authentic North Indian famous tare which include Naan. Chicken. Mutton or Seafood Tandoori. Tika. Marsala and many more. Plus, enjoy all the signature favourites of Japanese Sashimi and Tempura. Singapore Lak&a. Indian Rod Prata232 words
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Advertisement69 2002-11-14 8 choose from, each set comes with nee. salad, fresh fruits, mam dish Mixed Fned (Fried Prawn and Nuggets) Japanese Crispy Chicken Nuggets Temyaki Chicken Chcken Cutlet Salmon Beef CALL; 6253-0777 7>F C,o, (Angeline) ranq rnahal haute indian cuisine eve cj^itava Pleasures For Discerning Palates lunch: 12 2.30pm (closed for lunch69 words
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Advertisement72 2002-11-14 8 4E>^ M/tjfovh tMhfi* and enjoy a lavish spread of ice cream, salads, local desserts and fresh fruit for only $3 •From $6.90. All price* «M~f BwBSSJGSVam 11.30 am onwards I For reservations, please call 6351 2138 I Spring Court The Oldest I Chinese Restaurant in I Singapore since 1929. 7372 words
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Advertisement40 2002-11-14 8 Jai g Rgiytefrominore tiiM^adisl^9 30 Merchant Rood, #01-04 Riverside Point, DtvamAp IbAoMSIU S'pore *****2 (Opp. Clarke Quay) Reservation*: 6535 0383/6560 5590 Opwu 12noon 3pm, 5.30pm -11 pm Charcoal BBQ Snapper Fish $12.80 Charcoal BBQ Squid $8.80 Charcoal BBQ Chicken $6.8040 words
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Advertisement46 2002-11-14 8 m jET'i H*eat>e t/tat f-Aeatt{i/u/ ifar*/ Have a grand wedding at Mandarin Singapore so lavish that it will be remembered by alt Contact our Wedding Consultants at 6831 6082 today! Mandarin Sutaanane 3 jhb MEEITUS 333 Orchard Road, Singapore *****7. Tel: 6737 4411 Fax: 6732 236146 words
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Advertisement129 2002-11-14 9 I I I Mpssanpc to cieal with lllll^l messages. Problem is, Wmm naiic MM ur 9 er| t only the Phone calls. which ones? Meetings. important Mg5g| %~V I "T < I KPMG Consulting helps you identify and focus on what really matters to your business. Finding key drivers, improving129 words
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SINGAPORE news
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408 2002-11-14 10 Tang Weng Fai - nr exclusive! Data transfer speeds hit 300 times that of retail broadband speeds By' Tang Weng Fai THE Infocomm Development Authority (IDA) yesterday released the first of two technology trials to help the IT industry make better informed decisions on coming wireless408 words
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224 2002-11-14 10 SO far, 317,000 Singaporeans have not topped up their Central Provident Fund account with $50 to entitle them to Economic Restructuring Shares (ERS), which can be exchanged for cash come Jan 1 2003, said the Ministry of Finance yesterday. Altogether 1.8224 words
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Article, Illustration483 2002-11-14 10 Anna Teo - London-based CMI just launched qualification By, Anna Teo MANAGERS will soon be able like accountants, engineers and surveyors to add the "chartered" designation that will set them apart from the pack. The Chartered Management Institute (CMI) in London has just launched the qualification and will produce the483 words
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194 2002-11-14 10 THE government yesterday said there was no truth to claims that Singapore was tightening immigration procedures specifically to discourage Singaporeans and other traveUers from visiting Malaysia. Responding to media queries, a Ministry of Foreign Affairs (MFA) spokesman said: "These aUegations194 words
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388 2002-11-14 10 HEALTH Minister Lim Hng Kiang yesterday urged the private sector to be more active in providing nursing home beds. "With the private sector providing only 25 per cent of the nursing home beds, there is scope for greater private sector participation," Mr Lipi said388 words
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Advertisement68 2002-11-14 10 LT> z O > ~D o 73 m oo My meeting r-t o_ ~*"N was a success i £J n o 0 zr O rt o_ to h O q —t Trust Novotel in Asia Pacific I You can trust Novotel at hotels from v Hong Kong to Sydney. Shanghai68 words
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Advertisement345 2002-11-14 10 Doing Business In lapah Seminar a. Japanese local Government Showcase 2002 Suntec City Convention and Exhibition Center Rooms 201-203, 2QB-209) Why is it important to look towards Japan? Level 2 OW r^c i nvcstmcnt environment in Japan? How JETRO can help local companies enter November 21 2vQ9t the Japan market345 words
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Advertisement165 2002-11-14 11 Everywhere cinder the (mi a |Fi It m, m bS^x-XvC'K.\ Jk 9 A ■N\\\ j;'- V A „it *V j||H HI JHIBk ,,^^'-<^l?' &*>»4- ;.{i B JBIB v M ,.v-' 0mp^4^ 1%, Woofer $£*ffc- «*@b/LS?*&* aaw^^^^^^n^^9ggg^>?g Mfei>#*?s&i#& v V r j/Km -■.yy r.%/ B H Kr&& f! ,m m v165 words
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EXECUTIVE suite
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239 2002-11-14 12 THE Asia-Pacific has emerged as a favourable region for property investment, a research programme aimed at forecasting "winning" locations has found. Dubbed World Winning Cities and spearheaded by Jones Lang Lasalle (JLL) and investment management arm Iwsalle Investment Management, the research aims to define the239 words
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Article, Illustration705 2002-11-14 12 Andrea Tan - Minister also cautions that EC scheme provides another housing option Byi Andrea Tan PROPERTY developers yesterday defended the relevance of executive condominiums (ECs) in today's market. Minister for National Development Mah Bow Tan. too, cautioned that the EC scheme provided another housing option andARTHUR LEE - 705 words
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Advertisement411 2002-11-14 12 H H ST EWAY Sj Outside CBD near Bugis MRT Flexible sizes Excellent views Lobby Frontage Fully fitted-out Attractive rental package please call: 653 I 8674 6531 8666 MM *r x.♦ '\T~**J *> mET I et am idst 2,000 hectares (4,800 acres) of wonderful Andalucian countryside, Sotogrande, M MJ IT411 words
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Advertisement106 2002-11-14 12 Appro*. 10,000 20,0005f IgHELLI »Column free, raised flooring I HOUSE] Shuttle bus to City Had MRT S Lease assignment at very attractive rent/fresh lease r f* <y Ctartu Quay possible A PropoMd please call: 653 I 8669 i 11 in 11 2 Jones Lang WLaSalle. At Barker Road, District 11106 words
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SINGAPORE news
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533 2002-11-14 13 Catherine Ong - Bilateral talks with Beijing if others do so: DPM Lee Reports by Catherine Ong in Washington SINGAPORE will consider negotiating a free trade agreement with China if other Asean countries proceed to do so, said Deputy Prime Minister Lee Hsien Loong.533 words
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413 2002-11-14 13 SINGAPORE will continue to bank on the US as its main engine of growth despite a slowdown in the world's biggest economy. Addressing a lunch gathering of the Institute for International Economics, Deputy Prime Minister Lee Hsien Loong said he believes413 words
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Advertisement626 2002-11-14 13 ZZZZZI aZ3£; W Chinas anH Q A read c y one f t^ u bl 99 est industries in Shangha.. the real estate market there is now soaring Stanley Partners nnl ♦9f Friendship Assoc.at.on seeks to g.ve Singapore developers and investors a full of the mvStnSS opportunity, current investment situation,626 words
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EDITORIAL & opinion
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Article, Illustration783 2002-11-14 14 harish mehta - mtwi I bottom line OPINION harish mehta The writer is an Indochina specialist SOME people in Bangkok seem determined to stop land purchases and leases by foreign investors and they won't let facts stand in the way of a good round of foreigner-bashing. First,783 words
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Article60 2002-11-14 14 'For an industry that prides itself on trading in and relying upon information, it was surprisingly difficult for us to gather the data necessary to objectively measure analyst performance.' Eliot Spitzer the attorney general of New York and scourge of Wall Street analysts, on how they attempted60 words
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Article540 2002-11-14 14 EDITORIAL TAIWAN seems perplexed about how it should deal with the hollowing-out of its industrial base as the economy struggles to regain momentum and its factories shift operations across the Straits to mainland China in ever-increasing numbers. Taiwan's economic planners are now searching hard for a new540 words
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Article, Illustration965 2002-11-14 14 Lee Hsien Loong - The following are excerpts from a speech delivered yesterday in Washington by Deputy Prime Minister Lee Hirien Loongat the Institute for International Economics Lee Hsien Loong JUST as our external world has changed, Singapore too has developed rapidly. In the last 15 years, weFILE PHOTO - 965 words
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Article865 2002-11-14 14 Graef Crystal - COMMENTARY The remuneration of Cisco's John Chambers makes inspiring reading liyi Graef Crystal The writer is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg WHEN it comes to "pay-for-performance", unlike most CEOs. Cisco Systems' John Chambers has putBloomberg - 865 words
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Advertisement1830 2002-11-14 15 Page Leveraging Brands for International Success Part 2/3 CEO Brand Forum Managing Brand Portfolios Your last chance to register! Featuring winners companies expand their business to reach new customers enter of the Singapore Brand Award 2002 j new markets or create new products, they face the dilemma of how many1,830 words
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REGIONAL news
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Article, Illustration294 2002-11-14 16 NIAGARA FALLS, New York Billionaire Lim Kok Thay lends Senecas USsBom for Niagara Falls casino project: report AP A MALAYSIAN billionaire is lending the Seneca Nation of Indians US$BO million to build their casino, a newspaper reported on Tuesday. Several other Indian tribesAP - 294 words
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612 2002-11-14 16 Loh Hui Yin - By 1 Loh Hui Yin [SINGAPORE] Land-scarce Singapore may not be able to host a theme park, but it is a staging post for a new US$2OO million. 47-hectare project in Ho Chi Minh city. Some financing for the park,612 words
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NOTE Book
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Article65 2002-11-14 16 AP [HONG KONG] Embattled telecoms firm World Com Inc yesterday said it plans to lay off one-fifth of its staff in the Asia-Pacific region in a restructuring plan to boost profits. World Com plans to cut 390 staff from its 1,800-person payroll in Asia-PacificAP - 65 words
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Article63 2002-11-14 16 Bloomberg [KUALA LUMPUR] Malaysian consumer prices rose slower than expected in October as a drop in the prices of clothing and furniture offset increases in medical care and other expenses. The consumer price index rose 2.1 per cent last month from a year earlier,Bloomberg - 63 words
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Article66 2002-11-14 16 AP [KUALA LUMPUR] Confronted with better-armed criminals, police patrolling the vicinities of banks and other financial institutions will begin carrying M-16 assault rifles instead of revolvers, a senior official said yesterday. The upgrade was needed because armed robbery gangs were increasingly acquiring automatic weapons, DeputyAP - 66 words
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59 2002-11-14 16 AFP [JAKARTA] An Indonesian court yesterday sentenced two former top officials of a now-defunct bank to life imprisonment in their absence for misusing US$l66 million in central bank credits. The whereabouts of Adrian Kiki Aryawan, the former dL sctor of Bank Surya, and BamAFP - 59 words
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60 2002-11-14 16 AP [SYDNEY] The Asian Development Bank is considering whether to redirect all its loans for Indonesia to Bali, which is struggling to recover from terrorists bombs that killed nearly 200. "The Bali bombing can have a dampening effect on tourism and alsoAP - 60 words
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88 2002-11-14 16 Bloomberg [SHANGHAI] Baoshan Iron Steel Co, China's top steelmaker, said a combined US$2.4 billion will be spent building two steel mills to meet a rise in demand in the auto and shipping industries. Baoshan said it's in talks with Nippon Steel of Japan toBloomberg - 88 words
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78 2002-11-14 16 AFP [HONG KONG] Leading Hong Kong developer Hopewell Holdings is to spin off its toll road operations in southern China to help fund a proposed bridge project Jinking Hong Kong, Macau and Zhuhai, it was reported yesterday. Hopewell, chaired by Gordon Wu, isAFP - 78 words
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Article75 2002-11-14 16 Reuters [SHANGHAI] Executives at a plastics maker in eastern China have completed one of the country's first-ever management buy-outs. Managers of China's Shandong Shengli Co, based in Jinan, bought the government's stake in the company and now intend to re-invent it as a privately runReuters - 75 words
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56 2002-11-14 16 Bloomberg [BEIJING] Industrial Commercial Bank of China, with 100 million customers, is poised to issue debit cards with American Express Co, giving the US company its first partnership in China. The Chinese bank plans to distribute the co-branded cards through its 28,000 branches,Bloomberg - 56 words
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387 2002-11-14 17 HONG KONG Tenaga, Petronas, RHB to tap debt market over next two weeks Reuters GLOBAL investors braced yesterday for Malaysian corporates and banks to sell about US$l billion in fresh debt in the next two weeks. The bold move by Malaysian firmsReuters - 387 words
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201 2002-11-14 17 HONGKONG Reuters HONG Kong is set for an early launch of retail hedge funds with disclosure guidelines expected to be announced by the end of November, an official of the Securities and Futures Commission (SFC) said yesterday. "The first retail hedge funds authorisedReuters - 201 words
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Article, Illustration285 2002-11-14 17 HONG KONG Reuters NEWS that K C Kwong, chief executive of the Hong Kong stock exchange, is to step down in April after his contract expires came as no surprise to the market, which had been speculating about it for months.Reuters; APPLE DAILY - 285 words
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276 2002-11-14 17 Diana Oon Abdullah - From] Diana Oon Abdullah in Kuala Lumpur FACING growing competition, Malaysia is working to boost its economic strength through niches like offering companies operational headquarters (OHQ) status as well as in medical tourism, National Economic Action Council (NEAC) head Mustapa Mohamed said yesterday.276 words
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606 2002-11-14 18 CHINA CONGRESS Vice-President Hn Jintao likely to take over as head of Communist Party Reuters DELEGATES to China's Communist Party Congress ended months of speculation yesterday, confirming that Jiang Zemin will step down as party chief and make way for a new generationReuters - 606 words
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105 2002-11-14 18 Bloomberg FOREIGN direct investment into China grew 19.7 per cent in the first ten months of the year, as automakers expanded production in the fastest growing car market. Foreign investment grew to U5546.4 billion from January to October, according to the Ministry ofBloomberg - 105 words
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Article271 2002-11-14 18 NEWDELHI AP BILL Gates said on Tuesday he remains committed to putting his personal fortune back into society, not his children's bank accounts. The Microsoft chairman is in India for four days to heighten awareness about Aids and promote information technology. During a round-tableAP - 271 words
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Page 16 Advertisements
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Advertisement42 2002-11-14 16 I ■> "THE GOLD STANDARD TURNS PLATINUM." I THE NEW YORK TIMES I "HANDS DOWN THE CAR OF THE YEAR FOR 2002." J THE DETROIT NEWS I "BEST PICK." B J INSURANCE INSTITUTE EOR HIGHWAY SAFETY /4 s 1 y ifl!: 4Sj M42 words
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Article, Illustration1073 2002-11-14 17 Transaction date: Nov 13 IHTlillBAm CROSS RATES 1 c$ «rt» E»o MK$ Mte lapiah Yw ttw It B{ Mh M> S$ to* Sfr WTS Batt Hmt US$ Australia 0.885 4.659 0.556 4.379 27.105 50.8H 0.672 6.748 2.134 V 1132 32.109 29J78 0.990 5.497 0.813 19.440 ***** Canada 1.130 5.2641,073 words
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Advertisement38 2002-11-14 17 r*P£v- n• The ST. REGIS SHANGHAI Hotel Home to a certain world. Call (86 21) 5050 4567 (Hotel) **********5* 0" Singapore) 'lotlfm www.stregH.com ASPEN HOUSTON LOS ANGELES MONARCH BEACH NEW YORK WASHINGTON DC BEIJING LONDON ROME SHANGHAI ■HHBri38 words
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Article1661 2002-11-14 18 SICOH FUTURES Nov 13 RUBBER Futures (Closing prices) RSS1 (Scents/kg) Close Volume Open Month High Low Sett (towns) Interest Dec 02 I >48.00 Jan 03 148.50 Feb 03 148.50 M* 03 148.50 RSS 3 (US cents/kg) Votunw Open Month HW Low Sett (towns) Interest Dec 02 83J5 8150 81501,661 words
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Page 18 Advertisements
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Advertisement44 2002-11-14 18 Rj, a.MiiiWiMi .V ,r I EL <•: 1* lV M Y|pjl W- lz£r v •3 >•..-• .i -j ~n ■>'.-■ < >..«** A".■~', 'J .•"V Vi .fV^ H u'.;«£?,. *s *•IB®?. i 1 .™V r V r t i M-j f- •i. :\..iy 't.>l-<''i- •V J V;. v. t44 words
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WORLD news
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423 2002-11-14 19 Shada Islam - Enrozone economies forecast to grow at just 0.8% this year, 1.8% in 2003 From Shada Islam in Brussels EUROZONE economies faced fresh troubles yesterday as the European Commission forecast 2002 growth at a modest 0.8 per cent and fired the first shots in423 words
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272 2002-11-14 19 NEW YORK NYT A RETIRED partner of Arthur Andersen, who lost US$2.2 million in benefits when the firm collapsed, is suing three accounting firms, saying they unjustly enriched themselves at the expense of about 1,000 retired Andersen partners and their spouses. The suit,NYT - 272 words
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301 2002-11-14 19 WASHINGTON Broader tax relief package among possible measures AP, Reuters THE Bush administration, concerned that the Federal Reserve is running out of room to boost growth with interest rate cuts, is exam ining a wide range of possible tax cuts for individuals andAP,; Reuters - 301 words
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Article, Illustration294 2002-11-14 19 NEW YORK Bloomberg CITIGROUP Inc chairman Sanford Weill said he asked analyst Jack Grubman to "take a fresh look" at AT&T Corp in 1999, before Mr Grubman raised his rating on the phone company's stock. "I did suggest toBloomberg; BLOOMBERG - 294 words
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194 2002-11-14 20 SCHAUMBURG. Illinois Bloomberg MOTOROLA Inc will pay president Mike Zafirovski cash and stock incentives of at least U5524.9 million over the next 11 years to stay with the company. The payments include three grants of stock valued together at US$l4 million,Bloomberg - 194 words
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Article, Illustration475 2002-11-14 20 Anthony Rowley - Economics minister, BO J sound cautions despite better than expected figures Prow, Anthony Rowley in Tokyo JAPAN'S economy expanded more strongly than expected in the third quarter with real gross domestic product expanding by 0.7 per cent against expectations of around 0.4APP - 475 words
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361 2002-11-14 20 WASHINGTON Fed survey shows banks tightening lending standards Bloomberg US banks reported a decline in demand for commercial loans in the last three months and are tightening lending standards because the economy is weak, a Federal Reserve survey showed on Tuesday. "More thanBloomberg - 361 words
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Article, Illustration440 2002-11-14 20 LONDON Firm to axe 3,500 jobs, reap cost savings of £600 m Bloomberg, Reuters CABLE Wireless Pic posted a first half loss of £4.5 billion (5512.6 billion) after the world's No 1 manager of Web sites for businesses wrote down the value of itsBloomberg,; Reuters; BLOOMBERG - 440 words
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Article, Illustration446 2002-11-14 21 WASHINGTON His role as head of audit panel at firm with accounting woes queried LAT-WP WILLIAM Webster quit on Tuesday as head of the new board created to clean up the US auditing business, leaving it in limbo and threatening to delay the heartLAT-WP - 446 words
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467 2002-11-14 21 NEW YORK Only 1 of 51 in reputed list scores on stock picks NYT THE conflicts that have compromised Wall Street research and the analysts that produce it have been meticulously documented this year by Eliot Spitzer. the attorney-general of New York. TheNYT - 467 words
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Page 19 Advertisements
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Advertisement190 2002-11-14 19 I Nov 24 Nov 2002 Sawaddee J Thai Food Festival Sawaddee Krup. I I m We'd like to make you feel as if you are in From 15th Nov 2002 for 10 days only, Phoenix Garden Cafe brings you Bk,™ absolutely authentic Thai food right here in Singapore. Thai cooking190 words
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Advertisement375 2002-11-14 19 Showflat open daily 10am to 6pm, Mon to Sun. For Lease. Large 3, 4 5 bedroom units from 3,000 to 5,000 sq ft Dweiaper Sote Uanwong Agent Selected units with large patio/terrace Monthly rental IQE Executive from $8,800 to $12,000 Please call showflat at Mill MM IMMa4 6462 3229 for375 words
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Article5300 2002-11-14 20 Transaction date: Nov 13 for more, go to wwu \asi(W7ierimarkets.com HONG KONG HK Exchanges a Clearing 10 05 020 1627 Vol HKRInt'l 141 0 09 2385 HO in Hong Kong Electric 3100 -0 50 4079 Hongkong Chinese— 055 unch 136 0 02 unch 5970 Hongkong Chinese Ltd .05,300 words
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Page 20 Advertisements
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Advertisement10 2002-11-14 20 H Lianhe Zaobao T H I I I ?j;£ I10 words
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Article2380 2002-11-14 21 Transaction date: Nov 13 I KUALA LUMPUR FraserftNeave 348 402 11 Vol FS8M 173 unch 5 MM W- (-000) FW InAistries A16 unth 0 Gadang .0.9* unch 15 Aft M Realty .0.90 unth 0 Gamucfa ...5.45 -010 1008 Abnc 1.04 -0 06 172 GanadCorp. ..0.77 001 12 ACP industries2,380 words
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Article837 2002-11-14 21 Transaction date: Nov 13 a* q —'I w o— (tap 046 3.7(0 NatSttctSOc 04$ 2010 -0010 CaprtaLand 114 1.160 -0 010 OCK 9.71 ***** Chart ScmKond 26c 0.72 0J60 0 005 Out OS) 6400 4)100 City D*v 50c 2 00 44*0 -0040 Pwtraay H 2St OK 0.790 0.005 Creatn«T2Sc837 words
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Article572 2002-11-14 21 BONDS WARRANTS Mi Caw Eur 'ST Gaar 'US Cl ">"l J* «f- r—) Mk Wo <■» lift ASH W*****1 17.5 1 16 139 0.80 19 Aetna ltd W*****6 2 1 50 643 3 50 24 Amtek W*****0 <5.5 15 111 1 33 ISO 31 Armstrong W*****0 1.5 1 10 156572 words
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Page 21 Advertisements
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Advertisement412 2002-11-14 21 DEL MONTE PACIFIC LIMITED (Incorporated in the British Virgin Islands with limited liability on 27 May 1999) NOTICE IS HEREBY GIVEN that a General Meeting of the Company will be held at Ballroom 1, Level 3, Amara Singapore, 165 Tanjong Pagar Road, Singapore *****2 on 29 November 2002 at 2.00412 words
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Page 21 Miscellaneous
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Miscellaneous162 2002-11-14 21 CRVPTIC CROSSWORD ACROSS tt's pointedly found at the end 13 Thl^gir/ who found It was hot 7 U D W 15 Survey about the picture of g unluckiest one to follow H 033 6) ii? c i ues^°n n n 18 Retired draughtsman re- 13 i 8 21 p several162 words
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Page 22 Advertisements
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Advertisement1634 2002-11-14 22 PKTECH INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PKTECH INTERNATIONAL LTD (The Company") will be held at Straits Room #29-00. Ocean Building, 10 Collyer Quay, Singapore *****5 on Friday. 29 November 2002 at 21,634 words
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Advertisement845 2002-11-14 22 nmt?b. inursaay. wovemDer 14, 2002 Limited (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of the Company will he held at 350 Orchard Road #08-0() Shaw House Singapore *****8 on 29 November 2002 at 9845 words
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Advertisement542 2002-11-14 22 Please be informed that Mr Chong Soon Choon Raymond of NRIC No. *****339/ D will takeover Fortune 11 KTV Karaoke Lounge from Mr Low Chuan, Vincent of NRIC No.: *****265/H with effect from 7th November 2002. As such, Mr Chong Soon Choon, Raymond will not be responsible for all debts542 words
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Advertisement587 2002-11-14 22 in no: MAIItK IHP (OMP\MfS\(I.(\KS« \»diN i in maitkr of l AII ncndship I jundrcoc Pic I id (InCreditors' Vilunun I 14u1JjiK.n1 (Ml Honk- ideas ht I u] (In Credilors Voluntary I liquidation! (Cl Green Impact Recycling he I id lln C rcdiiors Volunuif) I 14u1da1it.n1 ll)| I'rhan Gait Pic587 words
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BIZIT
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550 2002-11-14 23 USssb deal would be a major win for Big Bine, and a blow to rival EDS Reuters [LOS ANGELES] J P Morgan Chase Co has chosen to negotiate exclusively with IBM for a sweeping technology contract worth over US$5 billion, aReuters - 550 words
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373 2002-11-14 23 It tricks software into thinking there are 2 chips in a PC Reuters [SAN FRANCISCO] Intel Corp will this week start selling its fastest-yet Pentium 4 that also tricks software into thinking that there are two chips in a PC speedingReuters - 373 words
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Article, Illustration573 2002-11-14 24 Tang Weng Fai - X TJ Earlier Ss2oom plan targeted Asia, but new investment opens up US and global business, reports Tang WengFal TC Od>oAA :ii: i I exclusive! Tang Weng Fai ITS Ss2oo million plan to build data centres in Asia had to be put on hold.573 words
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Article, Illustration558 2002-11-14 24 kenneth james - IH comment INFOTECH When the PC leader brings its vaunted efficiencies to the PDA market, watch out kenneth james The writer is BT's Technology Editor REMEMBER when, at the height of the dotcom euphoria, Amazon.com entered the popular lexicon? "Don't be558 words
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Article3683 2002-11-14 23 Transaction date: Nov 13 for live prices, log on to 11*11*11 \asiaonemarketsjxrr t NmTm* f"iM«. UMItMi CM H* GrTId Mat I =M W- rn CW M tJ ABNAmroNLG 56c 20.5 9 .ACE Dynamks20c 12 n n «i a ,418 I 24.5 11.5 AEMEvertechSt 12 _05 jjcn 13 ,j3,683 words
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Article34 2002-11-14 23 &2-Wk g g™ g -a '?2J US9600cd iWO 2700 IS DJ US Tech US2700cdcd 25 5B BMSOSpow USSSScdcd »«0«200 ISSAPSOO ...WKToScd I .>« tinocio SfOK JtJc 8200 '«>» snmioo 21 14S0 14J0 MM 14J034 words
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Article895 2002-11-14 23 -£5= ara J* u. ZTZ.*t a"; g -a 225 9 ASOMWgsSc oc 245 M APCXST z'id J 20 15 ',1 U .l «J 585 U ASAutolOc ,g 5 \l 5 5 115 1.7 63 132 515 105 ASTllOc ~*T J? .J? N Hi 1/5 i zzz:£ H li895 words
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Article157 2002-11-14 23 s cSi aysL" 0 5-a m s E »«arffiaz=ss": J~ Gadiah2000 line c 2 7£ 4.4 44.6 172.4 *5 115 OfTtmg int 1 Jo$M «S 12 MS 14 14 14 S 1 fSl? HKTH50i400 imm 35 1*7 M50C MKJ***** HU550 I I 3700 I '*'*12 7 1 Hutchison157 words
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Page 24 Advertisements
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Advertisement51 2002-11-14 24 HOW WOULD YOU MEASURE SAFETY? SOME RISKS ARE NOT WORTH TAKING In China, leading ATM manufacturer 'NCR' certifies the Multi Vision digital video surveillance soultion to provide additional safeguards to banks and their customers. Shouldn't you? H c r o f AA Multi Vision I J.QOHt Sui* ueiliance www.multivision.com.hk 051 words
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SHIPPING TIMES
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Article263 2002-11-14 25 Reuters THE Baltic Dry Index (BDI) was unchanged at 1,445, the Baltic Panamax Index (BPI) gained three points to 1,385, the Baltic Handymax Index (BHI) was unchanged at 9,612 and the Baltic Capesize Index (BCI) was down five points to 1,880. TIME-CHARTER: Cape Araxos (built 2001) 170,726 dwtReuters - 263 words
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Article270 2002-11-14 25 sex 'ooo ss *h w CWT Distribution 0.72 unch 0 Choan Hup 0.48 unch 490 Cosco Investment 0.18 unch 286 Freight Links 0.04 unch 40 CB Holdings 0 63 -0.03 II Jaya Holdings 0.25 -O.Ol K>37 Keppel Corp 4.22 -0.10 2617 Keppel Marin* 0.16 unch 100 Keppel Tele270 words
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371 2002-11-14 25 US PORT STRIFE Reuters [SAN FRANCISCO) West Coast longshoremen and port employers headed back to the bargaining table yesterday after a week-long break to try to tackle the remaining key issue of pension benefits for workers on the docks that handle moreReuters - 371 words
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Article, Illustration474 2002-11-14 25 Beth Jinks - Carrier decides not to bid jointly with HNN for Antwerp's Left Bank expansion By\ Beth Jinks [SINGAPORE] Mediterranean Shipping Company (MSC) has abandoned its joint venture plan with PSA Corp's Belgium port subsidiary Hesse Noord Natie (HNN) to take over part ofFILE PHOTO - 474 words
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Article, Illustration56 2002-11-14 25 [DO VE R] Cars and trucks board a ferry at the Port of Dover, in England, bound for Calais in France. Many European ferry ports are on a heightened state of alert for possible terrorist attacks following a warning of a possible terrorist strike portAP - 56 words
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187 2002-11-14 25 AFP (COLOMBO] An explosion on board a South Korean container ship on its way to the Suez Canal from Singapore, caused the death of one crewman. A fire following the blast on Monday was put out by Sri Lankan tug boats, a rescue coordinatingAFP - 187 words
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Article, Illustration264 2002-11-14 25 [SINGAPORE] PSA Corps Dalian Container Terminal (DCT) achieved a new record vessel rate of 191 moves (or 284 TEUs) per vessel hour on a Cosco vessel MV Cosco Shanghai on Aug 26. This record productivity bettered the 170 moves per vessel hour achieved264 words
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347 2002-11-14 25 Donald Urquhart - It is losing USs3.Bm monthly as war risk premiums shoot np, shipping activity drops [}y\ Donald Urquhart [SINGAPORE) Yemen is losing up to US$3.B million per month as a result of the terrorist attack on the French oil tanker Limburg in early October, which347 words
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Article, Illustration765 2002-11-14 26 David Hughes - MEWBUILDS -By David Hughes EVERYBODY knows the shipyards compete fiercely for contracts. In a world of shipbuilding overcapacity, competition can become highly politically charged. Witness the current EU/South Korea dispute which is going to the World Trade Organization for resolution. Newbuildings are also the objectFILE PHOTO - 765 words
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Article129 2002-11-14 26 PAGE BSA 6 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 Central Ex 4 China Shpg 5 Cougar 5 CWT Globelink ...6 Delmas 4 Dongnama 3 ECL 3 Evergreen 4 Foong Sun 5 Fujitrans 6 Gemartrans 4 Hangli 4 Hyundai 4 Heung-A 3 IRISL 5 Kapal129 words
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Article11470 2002-11-14 30 thebusinesstimes EXPORT ETA Advertiser VeswM Voyage Telephone ETA ETA Advertiser Vessel voyage Telephone SIN Dest'n Name Name Number Number SJN Dest'n Name Name Number Number 23/n 07/1? UASC AL ABOALI 65 *****410 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 26/n 09/12 COSCO UNI PRUDENT 026W 65 *****900 23/11 Delmas11,470 words
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SHIPS IN PORT
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Article743 2002-11-14 32 Vessel Voy No Berth Arrival Departure JURONG PORT BELLATRIX 8 J 4/5 A/SIDE 14/*****0 BUANAABADI 17/02J J3 A/SIDE 14/11 0600 CARAKA JN326 01 J10 A/SIDE 14/11 0600 CONQUEROR 19 J9 A/SIDE 14/*****0 6 J5 A/S|DE 14/11 18 oo POE 2410 1411 J13 A/SIDE 14/11 0630 Q'NGYUN 0216 J8743 words
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Article2186 2002-11-14 32 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un Berth 0 Name Voy Voy seq berthing Nmbr 0 0 ACXMARGUERI 011S 011S 1 IWIWHMi **********00 ACX VIOLET 049N 049N 1 16/11/7002 1S 00 17/11/*****3100 (0 AKINADABR 04W 04W 1 140 1 0002 2300 150 ***** 15002,186 words
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Article148 2002-11-14 32 Nov 15 Belgium: King s Day. N«v 23 Japan:Thankgivings Day. Dec 5 Thailand: King's Birthday. Dec 6 Malaysia: Hari Raya Puasa. Brunei: Hari Raya Puasa. Singapore: Hari Raya Puasa. Dec 7 Malaysia: Hari Raya Holiday. Dec 10 Thailand: Constitution Day. Dec 23 Japan: Emperor's Birthday. Dec 24 Switzerland:148 words
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Article826 2002-11-14 32 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a morr comprehensive description of the market Prices shown are based on average sized stem Market movements are indi cated The (ockett Bunker Price Index change826 words
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Article342 2002-11-14 32 h.1 m5 04 000 57 OM ""'T »«w W—t Ne*m»(2S >0 10 0 0 %Z1 300 905.0 0.2 QM 0.05 27 00? «*r. »W9 w "V 005 *o sow b 35 5 0 2 0 0 a ISO/C«* UM) Sp«a5 991 10 ISO 0 10 010342 words
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AIR & logistics
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Article, Illustration624 2002-11-14 33 Beth Jinks - It wants to tap higher-end sectors at its new 285,000 sq ft facility By] Beth Jinks [SINGAPORE) Air freight forwarder Exel plans to use its $23 million hub under construction at the airport's extended free trade zone (FTZ) to build624 words
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Article, Illustration38 2002-11-14 33 [MANILA] Coastguard personnel securing the wreckage of the Fokker-27 plane ofLaoag Airflight 5850n the barge in Manila Bay yesterday. Nineteen people were killed after the plane slammed into the sea after takeoff on Monday AFPAFP - 38 words
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FAST Track
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Article125 2002-11-14 33 (COPENHAGEN] Maersk Logistics (China) Co Ltd is among the first wholly-owned foreign enterprises to be accredited by authorities to perform operations as Non-Vessel Operating Common Carriers (NVOCC). It was granted an operating licence by the Chinese Ministry of Communication covering full NVOCC activities. The licence125 words
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56 2002-11-14 33 Reuters [FRANKFURT] Airport operator Fraport AG said yesterday it handled 4.5 million passengers in October, 13.6 per cent more than in the year-earlier period immediately after the Sept 11 attacks in the United States. The German group said air freight volumes also rose, climbing 4.4Reuters - 56 words
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207 2002-11-14 33 Xinhua [HARARE] Air Zimbabwe has contracted South African Airways (SAA) and Ethiopian Airlines to service its fleet following the dismissal of 133 engineers at the national airline, according to the Herald yesterday. Rambai Chingwena, managing director of Air Zimbabwe, was quoted as saying theXinhua - 207 words
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392 2002-11-14 33 Carrier forecasts a fall-year pretax loss amid a revamp Bloomberg [STOCKHOLM] Scandinavian Airlines System (SAS) forecast a full-year pretax loss after posting a less-than-expected third-quarter profit amid a reorganisation. Net income was 506 million kronor (Ss99 million), or 3.08 kronor a share, comparedBloomberg - 392 words
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294 2002-11-14 33 Coordination of flights, sharing of ticketing being looked into Bloomberg (ROMEJ Alitalia SpA's agreement to share ticketing with Volare Group SpA is under investigation by Italy's antitrust authority, which is examining whether the country's two biggest airlines are stifling competition. "The agreement could create significantBloomberg - 294 words
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AIR & LAND transport
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Article, Illustration551 2002-11-14 34 It also plans to ease rules on computer reservation systems Reuters [WASHINGTON] The US government said on Tuesday it had no plans to regulate the advertisement and sale of airline tickets on the Internet, and also proposed easing restrictions on how carriers do businessReuters - 551 words
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128 2002-11-14 34 Bloomberg [LONDON] KLM Royal Dutch Airlines is expanding its Buzz low-cost unit by flying to seven destinations in the UK and mainland Europe from a new base in Bournemouth, southern England. Buzz will offer 750,000 seats a year from Bournemouth andBloomberg - 128 words
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188 2002-11-14 34 AFP [CHICAGO] UAL Corp. par ent company of United Airlines, said on Tuesday unions representing the carrier's pilots and flight attendants had tentatively agreed on cost-savings aimed at keeping the airline out of bankruptcy. Leaders of the Air Line Pilots Association (ALPA) andAFP - 188 words
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Article, Illustration452 2002-11-14 34 He wants airline market to be opened to foreign players Reuters [NEW YORK) Richard Branson, the billionaire entrepreneur behind Virgin Atlantic Airways, has crossed oceans by hot air balloon and rescued detainees from Iraq. But regulations keeping him out of the USReuters; AFP - 452 words
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206 2002-11-14 34 Contract of 18,000 engineers expires on Dec 1 Bloomberg [CHICAGO) Boeing Co, the world s largest planemaker, offered wage increases of 4 per cent each year in a three-year contract proposal to the company's union of 18,000 engineers whose contract expires on DecBloomberg - 206 words
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Article, Illustration226 2002-11-14 34 Reuters [HONG KONG] China Southern Airlines, the mainland's largest carrier, said yesterday passenger traffic rose 19.1 per cent in October from a year ago, while cargo tonnage surged 26.9 per cent. January through October passenger traffic rose 11.4 per cent year-on-year to 18.03Reuters; FILE PHOTO - 226 words
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Article163 2002-11-14 34 Bloomberg [MANILA] Philippine Airlines (PAL) said it posted a narrower loss in the second quarter as discounted domestic air fares boosted off-peak travel. The country's largest airline posted a 20 million peso (*****,000) loss for its second quarter ending Sept 30, compared with a 684 millionBloomberg - 163 words
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Article1960 2002-11-14 34 CITY FLIGHT CTA FLIGHT ETD LH9767 0700 S0326 1240 AJctaUt 8A7381 1840 8A7382 260 S025 0700 8A7305 2255 0f81 1840 Of 82 2150 6*973 0910 0F5 2255 AJiramUUO AM 16 2330 LH9764 1545 LM9763 2350 AmtfMM S035 0655 GA974 0130 2350 11,37 BJS *2 22 S*1,960 words
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Page 25 Advertisements
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Advertisement18 2002-11-14 25 US rejects regulation of Internet airfares Back Page NEWBUILDS German class society seeks bigger newbuild share Page 218 words
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Page 26 Advertisements
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Advertisement465 2002-11-14 26 NORTH AMERICA QULFtINDIA SUB-CONTINENT [SUPER SHUTTLE EXPRESS fSSX) jOULF KARACHI EXPRESS fOIOQ VBSB VOT jig PtG I VOT IJU DAM W Si"™" 1 MW4J W/11 MAXMAMUW OH 04/11 07/11 ~04/il TTJV\ AMERICA 44W43 07/11 25/11 M/ll ftO NDUOTO DUMJ 021 11/11 14/11 14/11 J4/1I OOdCAUKMMA 66W44 14/11 01/1» M/ 11465 words
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Advertisement55 2002-11-14 26 WORLDGATE EXPRESS LINES PTE LTD 180, Cecil Street, *16-03f1>4, Bangkok Bank Building, S'pore *****6 Tel: *****911 Fax: Email: wgateQmbox2.sinqnct.cofn.Bq WEBSITE httpJ/wwwworidqate com sQ Calcutta jTchittagong Karachi vfe';l||4|y follows BombayV VMarira* <TT oow ;PHAK w« j Maa as KAHACHIAAHORE IS/11 I MMBAY 15/11 VypS MADRAS/BANGALORE 17/11 COlOnflDCr f \y CALCUTTA I«7iT55 words
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Advertisement592 2002-11-14 26 Lines servtces represented by Members of ibe Regislry of Members of ibe |]E&Kf Aandfcd Shipping Agents, S'ngopore Log.sJ.cs x°im_sZ Singapore Shipping Association AssocKjtxxi g ULY UNE MALE /wssa VOY ETA ETA ETA A f.WANG STOKE MALI Empress Uly 0802 20/11 21/11 29/11 Princess Lily 0902 06/12 07/12 15/12 Empress Lily592 words
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Advertisement968 2002-11-14 27 TO USA (SAX SERVICE) VKSti vor SINro lax oak dal hou chi cot mm~\ ati ntc Aft HQLLANO H2I It/11 tl/n 25/11 25/11 25/11 ?5/11 24/11 25/11 24/11 24/11 APIENCUMO 1141 20/11 07/12 07/12 07/12 07/12 07/12 01/12 07/12 09/12 W/12 API CANADA 1091 27/11 12/12 14/12 14/12 14/12 14/12968 words
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Advertisement1486 2002-11-14 27 J DIRECT CALL 10 COSTmT SHIPPING PTE LTD -ESSm™"' £&K /U n mM^mm I aHO **********0N ni; 4774 1900 (IL*M) MWUO'C 0 *****704 *****J11/49 I BANDAR ABBAS 12 DAYS MMOB'S Miin 1/SIOP DIP *****025 *****114/44 I SgSfe»», hlm u la ,m cmmmm Z S,, S, m "Z, ST- ssr ffl,1,486 words
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Advertisement589 2002-11-14 27 yPSft m_ Jffl_ JHL- MRS flfi I M j IM( J VESSEL VOY S?N S»G JKT HUMS*IHUM WS7 IS/11 20/11 21/11 24/11 28/11 30/11 UlA MUM 28IS "WH ***** M7iT~ MM MUM n/H 27/11 21/11 3/12 S/12 7/12 UUIHUM 2«2S 23/11 26/11 27/11 G M? >HUM **9 29/11 4/12 S/12589 words
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Advertisement659 2002-11-14 28 HMNW M HYUNDAI MERCHANT MARINE CO., LTD. cuito. i**********h |*bsb WT 5 sou un WW MIT ham m Ifwga vot I son limlro I a« I nao Inv I JfJ? 77/11 M/ 0,/ MsoumoN oou ii/io Tt/To "o*/To "m/Tc STio H/ll 01/12 01/11 05/12 Aft IRIS Io9f 07/10 M/ia n/in659 words
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Advertisement650 2002-11-14 28 *M! HA! i\m INTRODUCING m I NEW WEIKIY EXPRESS SERVICE To JSBfIHBfi&L Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 ASIA EXPRESS ITU SAMD- n/u iiTil ,7j >*/ii 17/u Ji> J73A 01/12 29/11 05/12 07/12 I 10/12 55. li saisii j|j jsf gg Tl 1 n/n650 words
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Advertisement760 2002-11-14 28 it£&e WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO Ail NORTHERN AMD WESTERN ICD POINTS WT__SM MUmItOUMMoksHHH IfOUMMn~ TWfBBMKf mm 11 WW 13 MOV I/MOV amy nM> loufHwu rmn iimov mmov ?<mov ;?mo» nam HOMHKON 037S 7SMOV ?7MOV Ql DtC 04 QK "~O7OK mwaißHi oitw 07DK WW mm Ti iTttt HSHASIII760 words
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Advertisement1221 2002-11-14 29 VtSStl VOY KHH HKG SIN PKL OXB BAB DMM BIK IRAN ISFAHAN pel 285 11/11 12/11 16/11 17/11 24/11 25/11 01/12 03/12 IRAN HORMOZGAN PCI -286 18/11 19/11 23/11 24/11) 01/12 02/ 2 08/ 2 io/ 2 'RAN THHRAN PCL -287 25/11 26/11 30/11 01/12 09/ 2 io/ 2 V,1,221 words
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Advertisement575 2002-11-14 29 UK CONTINENT SERVICE Loading for OUFWJIA SMILE RDM/ATW/BMNAJK/NAN HUA GUANG RDM/ATW/BMM'UK/NAN Loads Singapore, E7W. Matayaa. mdonesa MIDDLE-EAST SERVICE Loading for KALMA HDD/JDH/AQA/DMT HIGHLAND LIGHT DBl/ABU/DOH/BRN/DMM/KWT HABIBE ANA HDD/JDH/DMT ANGELA HDD/JDH/AQA/DMT MANA DBl/ABU/DOH/BRN/DMM/KWT 'Loads Smgapore. E7W Malaysia. Indonesu USA SERVICE I Loading for VANESSA OLDENDORFF CAM/NFK/SAV/NOL CHRISTOS CAM/NFK/SAV/NOL F»ONTOPORUS VCW/LAX/MZL 'Loads575 words
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Advertisement636 2002-11-14 29 ■HUH J*u*m ooiom U7TI u7u~ wkiuu 111 wiampa o> tow ii/Ti u/h 3Kag MZU I4ZU MC UMM 017 IN M/TI u/ii --"ft um 20/11 Lj^ B __jjia_J ;i;i! j™t iMoiigiirr' IMMM if/n {f„, SuMm S3 MQIO9 n/\\ 24/11 in»S»n —JiJ s^l1 MOOiXPtiSSI JAM) 10 Jt/Tl in/.. ?"t. Sfl: 24/11 17/11636 words
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Advertisement131 2002-11-14 30 feKYOWA LINE vrf |*»T |P»—|o—I Y— iKfrl Tn* lE.bßp.llll— ww |*MwJ London Senotor 953E 19/11 26/11 05/12 06/12 08/12 10/12 London Senotor 953E*' 19/11 28/11 04/12 05/12 London Senator 953E" "19/11 02/12 OMIT 11/12 13/*****12" Pacific Senator 952E 26/11 05/12 11/12 12/12 Pocilic Senator 952E 26/11" 19/12 OMIT 31 fTT131 words
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Advertisement15 2002-11-14 30 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS Shipping Times15 words
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Advertisement247 2002-11-14 30 Wit MYANMA pmi FIVE STAR UNE (MywMMr NatiMal Um) Loodi.g for Yo.go. VKSII VOT SM nu KM PGU CM SME HAW 54W SU) MGAN V34MW SU) IN MAUTSIA: IOUSTUD SHIPPING AGfNCKS NUt: 03-*****300 PtL 03-317M101 PfN: 04-2****** BANK LINE (A Mrvict «< kUrtm Wtir \T NORTHBOUND TO EUROPE V CONTAMO,247 words
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Page 32 Miscellaneous
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Miscellaneous127 2002-11-14 32 Il| 3 LEGEND: Issued by Meteorological Services Division, NEA K Thunderstorm Showers y^\ Ra,n TjWrtfure C C/ Wind direction and speed in knots Cloudy Day Weather w l><] Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j Sll 9127 words
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Advertisement88 2002-11-14 33 Pointing you towards the right business direction Wherever your business may M verrture the Shipping Times is the perfect partner to AM 3 I help you navigate through jBMBBI /jfl I the sea of competition for I a more effective reach of i M your target market Raise 7 M88 words
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