The Business Times, 14 August 2003
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2003-08-14
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The Business Times
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Title Section12 2003-08-14 1 THE BUSINESS TIMES SINGAPORE Internet: hUp://business-times.asial com.sg THURSDAY, AUGUST 14, 2003 85012 words
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777 2003-08-14 1 Genevieve Cua - BT exclusive Investors pile into safe funds despite disappointing returns so far By Genevieve Cua [SINGAPORE] Money parked in capital secured funds shot past $6 billion at endJuly, as paltry deposit rates pushed savers towards structures that appear to promise the best of777 words
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Article71 2003-08-14 1 □sti 1,591.48 (+27.85) ST INDEX FUTURES 1,592.00 (+24.00) SIMSCI FUTURES 195.90 (+3.90) (han^r KLSCOQW 724 S3 MKKF3 22T« S?«?r. l*7SI HAM! SK\<5 HWOI.47 117^» 8ETf\DKX JAKARTA HIMI' -ill 2* >4 HI HAM LA HIM I' IjfttMl. «I4£»7 TAIPKIWII \44tf 7 1K7 SWRXiUMI' 7I30B ILTfc SlIKNZHEN B tOM 175 AI'ST71 words
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Article81 2003-08-14 1 FOREX RATES US# tl IKSISSprlSS) 1767 ill SSOS prr I') I FJ Wl(IJ«'S8/K» 1114 l»7* YKN ll»l <7Mi RM ;IN»M i na HKS 7.791 4 4K nAirr 4i7s n.:* hi n Ml HJW* 4."*4 ItKNMINIII 4722 INIHAN W'PEE 45SI *12 AS UM o NZS L7I0 0J7» rmmm rates SIWMCDttF81 words
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518 2003-08-14 1 Wong Wei Kong - It also urges potting twice as much in SGX shares as MSCI's call By Wong Wei Kong [SINGAPORE] US investment bank Morgan Stanley is recommending that investors put twice as much money into Singapore stocks as is recommended by the benchmark Morgan Stanley518 words
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Article, Illustration707 2003-08-14 1 Siow Li Sen - All local banks now levy 4-5% for 2-yr By Siow Li Sen [SINGAPORE] DBS Bank and United Overseas Bank yesterday raised their home loan rates for private property just a day after rival OCBC Bank set the ball rolling by announcing increases on707 words
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Page 1 Advertisements
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Advertisement14 2003-08-14 1 TROUBLE IN CANCUN? PARTING COMPANY I 'SLmm IP? George Ting quits KFC's board again14 words
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Article, Illustration409 2003-08-14 2 Eddie Toh - BT exclusive Battle for firm seen as a little-known company bids for stake held by EPF From Eddie Toh in Kuala Lumpur GEORGE Ting, who has been instrumental in the success of KFC Holdings in Malaysia and Singapore over the years,FILE PHOTO - 409 words
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Article, Illustration646 2003-08-14 2 Andrew Marks - Fed discounts risk of inflation despite signs of growth From Andrew Marks in New York THE US Federal Reserve's decision to leave short-term interest rates unchanged at the historically low level of one per cent was widely anticipated across Wall Street andAFP - 646 words
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491 2003-08-14 2 Chuang Peck Ming - 2.8% hike last year beats national figure of 2%: NTUC By Chuang Peck Ming (SINGAPORE] It pays to be a union member. Despite slow business, unionised workers received a 2.8 per cent rise in basic pay last year higher than the 2 per491 words
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Article191 2003-08-14 2 Reuters [WASHINGTON] The following is the Federal Open Market Committee's statement on interest rate policy issued at the close of its meeting on Tuesday: "The Federal Open Market Committee decided today to keep its target for the federal funds rate at one per cent. The committee continuesReuters - 191 words
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ON THE grapevine
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Article101 2003-08-14 2 SEEMS some analysts were "downgraded" recently by United Overseas Bank. Last week, when the bank invited them to lunch to review its half-year results, UOB president and deputy chairman Wee Ee Cheong wasn't there to grace the occasion. "But he met the press when UOB announced its results," grumbled101 words
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Article98 2003-08-14 2 NOW that the government has signalled a more tolerant stance, carmakers seem to be jumping on the gay wagon. First it was Subaru, which sponsored the Nation party, a popular gay event, here last week. Now DaimlerChrysler has an ad in The98 words
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Article139 2003-08-14 2 WANT to hear Zoe Tay on your handphone? Ml is introducing a service this month that allows callers to listen to customised connecting tones, in the form of a music clip, a joke, a sound effect or a celebrity greeting. Called Bye Bye Ring Ring, the service will139 words
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Page 2 Advertisements
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Advertisement309 2003-08-14 2 Primer on Interest Rate Risk Management Products Date What Friday, 5 September 2003 This seminar initiates the participants in the rudiments of interest 9.00 am to 5.00pm rate risk management and provides an integrated approach and update on the various products available in tne marketplace. It is Venue also designed309 words
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Advertisement46 2003-08-14 2 CONCORDE HOTEL A Ideal for Business Schools Office High Ceiling (capable of theatre-style seating) v Air-con from 9am-9pm daily Ample Close to Outam MRT hi Contiguous 28.000 sf (subdivisible) Exclusive large terrace area for breaks Very attractive rent SclaliinßjQAgnl Commercial 653 I 8674 6531 8666 WjKji46 words
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SINGAPORE companies
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409 2003-08-14 3 Wong Wei Kong - Only eight in 30 companies follow recommended practice: survey By Wong Wei Kong ONLY a handful of listed companies are disclosing the pay of individual directors, although they are encouraged to do so under the code of corporate governance, a survey by409 words
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Article, Illustration416 2003-08-14 3 Serena Ng - Andree Halim's move follows exercise of options for 55% control By Serena Ng THREE weeks after he was granted options to buy more than half the shares of food group QAF, a scion of Indonesia's Salim Group has exercised themSource: Bloomberg - 416 words
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618 2003-08-14 3 r sivanithy - HOCK lock siew r sivanithy IT'S often said that Singapore shareholders are apathetic creatures with little or no interest in the running of companies they own shares in. It's also said that minority rights are an important feature of the local market,618 words
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303 2003-08-14 4 Serena Ng - By Serena Ng WHEN it comes to raising corporate profile, you can't leave it to luck. Not when you're out to promote your "Pork Luck" brand. For China Food Industries (CFI), whose activities include pig farming, a Sesdaq listing is the answer.303 words
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Article, Illustration442 2003-08-14 4 Vince Chong - But strong Q1 results keep slide for interim period at just 20% By Vince Chong PARKWAY Holdings saw its sec-ond-quarter bottom line slide 52 per cent year on year following the Sars outbreak in March. The group, which is South-east Asia's largestARTHUR LEE - 442 words
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441 2003-08-14 4 Ven Sreenivasan - By Ven Sreenivasan PHOTOGRAPHIC and con-sumable-products trader and distributor JEL Corporation launched its mainboard initial public offer of 42 million new shares at 21 cents each yesterday. Of this, 40 million shares are for placement, including two million via Internet website441 words
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285 2003-08-14 4 Kenneth Lim - By Kenneth Lim REPEAT sales and new orders helped garment manufacturer Ocean Sky International lift net earnings 8 per cent in the half-year ended June 30, despite a market plagued by Sars and the war in Iraq. Net profit margins, however, fell to285 words
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COMPANYBriefs
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Article49 2003-08-14 4 ACHIEVA Limited, a distributor and solutions provider focusing on electronics and IT-related products, has turned around with an interim net profit of about $1 million compared with a net loss of $4.4 million for the previous first-half. Turnover was marginally up at $232.7 million.49 words
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Article103 2003-08-14 4 THE former executive chairman of garment company Heshe Holdings, Chia Shi Teck, lost his appeal against bankruptcy yesterday in the High Court. He was represented free-of-charge by Drew Napier senior counsel Jimmy Yim. Heshe had said, after Mr Chia was made bankrupt that it would103 words
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84 2003-08-14 4 Bloomberg SINGAPORE Telecommunications, South-east Asia's largest phone company, said it will offer joint data services with China Telecom Corp, China's biggest fixed-line phone service provider. Sing Tel and China Telecom will help companies link data networks between China and cities such as Singapore, Sydney,Bloomberg - 84 words
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94 2003-08-14 4 Reuters [MANILA] Tap Philippine conglomerate Ayala Corp yesterday Mid it wanted a better price for a Globe Telecom stake that debt-laden German phone giant Deutsche Telekom wants to unload. Ayala and another key Globe stockholder Singapore Telecom refused an offer from Deutsche to sellReuters - 94 words
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Article72 2003-08-14 4 NH Ceramics Ltd has given further update on its profit warning for the financial year ended June 30, 2003. The listed group said turnover for the second half was $9.59 million, a 33.5 per cent fall from the corresponding period in FY2002. The company,72 words
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86 2003-08-14 4 CONSTRUCTION listed group Hua Kok International Ltd has agreed to sell a 13 per cent stake to an individual investor, Zhao Zhen, at seven cents apiece. It will place 43.7 million new shares or 12.96 per cent of enlarged capital which will raise86 words
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Article70 2003-08-14 4 FU Yu Manufacturing Ltd said four of its executive directors have sokl a total of 12.8 million shares at 60.5 cents per share to institutional investors to enhance the liquidity of the stock and to raise institutional holdings. The placement was from the company's four70 words
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Article84 2003-08-14 4 Reuters SINGAPORE Airport Terminal Services (Sats), the ground-handling and catering arm of Singapore Airlines, said yesterday that it handled 36.3 per cent more passengers in July over June as flights were restored after the Sars virus outbreak. Month-on-month recovery is expected to continue as airlinesReuters - 84 words
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422 2003-08-14 5 Kalpana Rashiwala - Purchase of units at The Imperial seen as move to get tighter hold on prices in area By Kalpana Rashiwala IN a move seen as giving it a tighter grip on prices in the area, City Developments has bought 36 apartments in422 words
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308 2003-08-14 5 Kenneth Lim - Agreements with the bank and UOB extend maturity of $43m of loans By Kenneth Lim LOSS-MAKING Freight Links Express Holdings (FLEH) has entered into a debt restructuring agreement with OCBC, about three weeks after a similar deal with UOB for outstanding facilities308 words
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Advertisement102 2003-08-14 3 Tht f\i«:w 2003 I I;: GRAND I-1 k VITARA Lv 1 N\ It: -#v. H Pleasure k 1 > <-r*' "> f 1 .;:<■] '.',<! <)<<■■ r i IM f K r.', 1< ),tst s j r 1 KH t u t I It i i J' ui spi >'102 words
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Advertisement445 2003-08-14 4 CGFRC-ICPAS-SID Conference on Design, Valuation and Accounting of Stock-Based Compensation Wednesday August 27, 2003, 9:ooam s:lspm institute of Certified Public Venue: The Regent Singapore Accountants of Singapore Cuscaden Road, Singapore CT"T\ S$ 416/-for Non-Members S$ 312/- for Members SINGAPORE INSTITUTE OF DIRECTORS corp«r«t» Recent corporate scandals in the U.S. have445 words
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Advertisement19 2003-08-14 4 Lianhe Zaobao I Local I I company I I launching combined I I Chinese I [software r*tt*uv I Iwrifj19 words
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Advertisement175 2003-08-14 5 I Discover why Michigan consistently ranks ■I as one of the world's top providers of I ■Sraexecutive education! I Hong Kong Finance for the Non-financial Manager Sep 15 -19,2003 Hg Effective Sales Management Sep 22 24,2003 HR| Strategic Marketing Planning Sep 29 Oct 3, 2003 Human Resource Executive Program Oct175 words
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Advertisement535 2003-08-14 5 »***3 V' <»<-—"' O v T v» >o °V^^^^^^H Get an interest-free line of credit up to 100% of your deposit amount. With CitiGold, you enjoy a distinct advantage because we let you invest using our money for free*. You can use this interest-free secured line of credit to invest535 words
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SINGAPORE markets
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Article, Illustration311 2003-08-14 6 OTHER SINGAPORE INDICES Aug 13 VALUE CLOSE WOMB 208.00 +139.00 BTCm -*****.00 +208.00 -*****.00 +21.00 430.55 +7.26 MCfdbnOail 152.73 -0.54 W6pWwRi 1349.56 +36.99 394.20 +2.94 MSCIflf pin 196.23 +3.70 195.90 +3.90 UntFtber 10c 74.903.CXX) Sucminedate 15c 56.373.000 IPC020C 53,820.000 Rj Yu Mfg 10c 46.047.000 Smgpu 25c 42.105,000 HorizonEduc 5c 40,521,000311 words
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Article, Illustration287 2003-08-14 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan THE shares of computer monitor maker TPV Technology have responded positively to news of a change in major shareholder. The stock has rallied since last week's announcement that Fields Pacific plans to sell a 26.36 per287 words
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Article, Illustration754 2003-08-14 6 r. sivanithy - BT comment STOCKS r. sivanithy INTEREST rates in two different forms played a central role in trading in the local stock market yesterday, during a session marked by hectic punting of penny stocks, recent IPOs and China plays. The value of stocks traded rose above754 words
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Article, Illustration614 2003-08-14 6 larry wee - BT comment CURRENCIES larry wee US stocks and the greenback recovered smartly in overnight trading after the US central bank kept shortterm interest rates unchanged and left little doubt that it will pursue an accommodative monetary policy stance for a "considerableSource: Reuters - 614 words
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Article3109 2003-08-14 6 UNIT TRUSTS FUNDS Com Global Finance Mat? 0.83% Com Global lifestyle Mb Fd 0 88* n«„ Com Global Heal* MerFd 0828/ ixw Com Global Telecom Me* Fd 044/ SrISS oaS Com Global miotic Mb Fd'" 0.309/ In ■njnTiog[a» 074» Com Global Energy Ma M «J»7/ iSSfJST ix?/ Com Global Trawl3,109 words
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Advertisement153 2003-08-14 7 Where to wine, dine and entertain... j~| MERITUS MANDARIN SINGAPORE T Absolutely Chic! p€ A Fashion Rendezvous e/ not to be missed! f A W\ The latest styles I complemented with I beauty products and accessories of the season. Wj Every Thursday 9.30 pm V f Enquiries: 6831 6286 MANDARjN153 words
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Advertisement291 2003-08-14 7 If you are any of these: "messy" accounts arising from change of systems staff turnover inability to meet statutory reporting deadlines urgent need to submit financial statements to banks financial institutions need to reconstruct accounts from incomplete records need to extract financial information for a litigation need assistance in the291 words
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Advertisement128 2003-08-14 7 Don't miss delectable old-ttme favourites Chilli Crabs. Kway Chap. Wanton Mee, Hae Mee, Hainanese Satay. Roti Prata, Hainanese Chicken Rke Ball. Ah Ball Ling and much more. Also available are Fresh Oysters, Sashimi and Soft Shell Crabs. Moaday to Sunday (except Saturday) Lunch $25 (Adult). $15 (Child) Dinner $27(Aduft^ShSo(Child) Friday128 words
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SINGAPORE news
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390 2003-08-14 7 Andrea Tan - Restructuring will make economy fit for competition, says Hsien Loong By Andrea Tan DEPUTY Prime Minister Lee Hsien Loong yesterday drove home the urgent need for Singapore to restructure its wage system to keep ahead of regional rivals. "Wage restructuring is painful medicine but390 words
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298 2003-08-14 7 Vince Chong - HDB awards $24.3m deal for unfinished work after three contractors left the project By Vince Chong THE Housing and Development Board's contingency contractor Teambuild Construction has been formally awarded a $24.3 million contract for remaining upgrading works at Marine Terrace, where three previous contractors298 words
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Article, Illustration456 2003-08-14 7 Kenneth Lim - By Kenneth Lim WHEN ornamental fish hot-shot Kenny Yap, managing director of Qian Hu Corporation, first heard about the Economic Development Board's International Headquarters Award, he thought to himself: "Hey, I should be getting this too." So Mr Yap got his company toFILE PHOTO - 456 words
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387 2003-08-14 9 Chuang Peck Ming - EYE on the econom exports But they put average NODX growth for July at only 11.6% given the high base By Chuang Peck Ming SINGAPORE'S exports are likely to have kicked off the second half on a happy note. Analysts' estimates of growth387 words
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423 2003-08-14 9 Amit Roy Choudhury - US cannot sustain demand for exports, says analyst By Amit Roy Choudhury THE inability of the US to indefinitely expand its indebtedness to the rest of the world at the rate of a million dollars a minute means that Asia's era of export-led423 words
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264 2003-08-14 9 Vince Chong - By Vince Chong THE Ministry of Education released its first guidelines on privately-funded schools yesterday, revealing that such schools will not be able to offer prima-ry-level education. A government review committee said last year there was room for such institutions at the secondary and junior264 words
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EXECUTIVE suite
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Article, Illustration834 2003-08-14 8 Kalpana Rashiwala - Almost two-thirds of 2,600 waterfront homes planned for Sentosa Cove will be there, reports Kalpana Rashiwala Kalpana Rashiwala IF you're hankering after a seafront bungalow overlooking the Southern islands, you're a step closer now. Master developer Sentosa Cove Pte Ltd is understood to have834 words
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Advertisement174 2003-08-14 8 >" ""71 FOR SALE -J SHOPHOUSE AT CIRCULAR RD Existing 3 storey building with an attic M. Land Area approx. 1,027 sq ft GFA approx. 3,500 sq ft Located in the heart of Raffles Place Close proximity to Raffles Place MRT Station Excellent yield r Kafcjbtlraak DTZ i r ■>174 words
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Advertisement884 2003-08-14 9 w Circuits Plus Holdings L.td (Incorporated in The Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Circuits Plus Holdings Ltd will be held at 8 First Lok Yang Road, Singapore *****1 on 29 August 2003 at 10.00 a.m. to transact the following business: AS ORDINARY884 words
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Advertisement192 2003-08-14 9 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER Of NISSI MEDIA (S) PTE ITD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE IS HERESY GIVEN that the final meeting of member* ond creditor* of the abovenomed company will be held at 20 Cecil Street, #12-02 A 03 Equity192 words
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Advertisement220 2003-08-14 9 < imvimmmmmmmmmmam I i i 4 w A resilient t performance Highlights of our interim results for 2003: Profit attributable to shareholders up 25% Earnings per share up 17% I* Moving to quarterly dividends First interim dividend of US 24 cents, up 17%, payable on 7 October 2003 Proposed second220 words
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EDITORIAL & opinion
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Article, Illustration834 2003-08-14 10 matthew lynn - THE bottom line OPINION matthew lynn Bloomberg CORPORATE finance work is thin on the ground. Mergers and acquisitions are about as fashionable as shoulder pads and power lunches. Initial public offerings are as popular as fur coats on the Costa del SoL Even rights offersBloomberg - 834 words
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Article45 2003-08-14 10 'A few months ago, fears of deflation were extraordinary and, in my opinion, overdone. Now, the markets are going in the opposite direction, and I think some of that is overdone as well.' -Kennit L Schaeahattz chief economist at Citigroup Global Markets.45 words
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Article576 2003-08-14 10 EDITORIAL AFTER a frenetic July, during which Hong Kong was rocked by massive protests and a government in disarray, the territoiy appears to be calming down Beleaguered Chief Executive Tung Chee-hwa is picking up the pieces and has promised to hold dialogues with prodemocracy groups in576 words
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Article, Illustration1019 2003-08-14 10 Raseen Sally - The real issues in liberalising global trade are at risk of getting sidelined in big-power plays in Cancun next month By Raseen Sally THE Doha Round of multilateral trade talks has made next-to-no progress since its launch. All major deadlines have been missed. TheAFP - 1,019 words
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209 2003-08-14 10 Narayana Narayana - MAIL bag Narayana Narayana THERE is nothing intrinsically wrong with Simon Ng Yap Peng's suggestion ("Have company reviews in other languages", Mailbag. Aug 7) that corporate operating and financial reviews (OFRs) be published in other languages as well as English. But one wonders209 words
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Article296 2003-08-14 10 Chen Zhen Lin Singapore - Chen Zhen Lin Singapore I REFER to your report "Sias lines up team for independent research" (BT, Aug 4). The sustainability of equity research depends upon the willingness of investors to pay for it. $7.5 million is not a big amount, and by the296 words
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Advertisement99 2003-08-14 10 Fax your letters to 6319-*****r email them to btletterQsph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your Ml name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We reserve the99 words
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Article, Illustration1062 2003-08-14 11 Transaction date:Aug 13 1MTERBA1IE CROSS RATES A$ C{ W to HB Mh Yen W» H iSPlth Hio SS »a«d Sir iTS Bafct Pwd USS Austral* 0.905 5.417 0581 5*91 29.968 55.797 0.777 7.701 2.480 1.116 37*96 35.787 1147 4J4I 0.896 22.438 ***** 0.408 0.653 Canada 1104 5.982 0.641 5*221,062 words
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REGIONAL news
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NOTEBook
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65 2003-08-14 11 Reuters [BEIJING] China, on the defensive for months over its fixed currency policy, yesterday switched tactics with a call for Japan to stop blaming others for its woes. A commentary in the Communist Party mouthpiece People's Daily said Japanese politicians and economists were tryingReuters - 65 words
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76 2003-08-14 11 Xinhua [JAKARTA] The Indonesian government has hinted that it will soon draft a bill declaring the industrialised island of Batam in Riau province as a Free Trade Zone, a local official said yesterday. "Let us wait and see, but the People's Consultative AssemblyXinhua - 76 words
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98 2003-08-14 11 Reuters [KUALA LUMPUR] Malaysia's national car maker Proton yesterday denied a newspaper report saying it may sell a stake in its distribution arm to Naza Kia Sdn Kid, the country's distributor of Kia vehicles. "Proton wishes to state that there had been no negotiationsReuters - 98 words
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Article98 2003-08-14 11 Reuters [BEIJING] Foreign direct investment in China plummeted 38 per cent in July from a year earlier to about US$3.l billion, partly because the Sars outbreak had delayed effects on a key driver of the country's economic engine. Actual foreign direct investment was U5533.35Reuters - 98 words
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Article77 2003-08-14 11 Reuters [BEIJING] China's exports rose 30.6 per cent in July from a year earlier, slowing from the previous month in a sign the Sars epidemic had a dampening effect on orders. July exports were US$3B.ll billion, while imports were U5536.51 billion, up 35.3 per centReuters - 77 words
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Article86 2003-08-14 11 AFP [JAKARTA] Indonesia's finance ministry is trying to scrap more than 200 laws passed by regional authorities under a huge decentralisaion programme because they hamper business and investment, an official said yesterday. "We have submitted a list of 206 regional laws that we deem hinderAFP - 86 words
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Article427 2003-08-14 11 Vince Chong - SINGAPORE UBS, Goldman arranging US$400m share sale by M'sian satellite TV operator By Vince Chong DBS Bank may be roped in to help ÜBS and Goldman Sachs with the initial public offer of Malaysia's only satellite television operator, Measat Broadcast Network System. According427 words
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Article, Illustration326 2003-08-14 11 JAKARTA BLAST Reuters AP [JAKARTA] The US and Australia yesterday told their nationals to stay away from soft targets in Indonesia like international hotels or shopping centres, saying new intelligence pointed to a risk of fresh attacks. Australian Foreign Minister Alexander Downer and theReuters; AP; REUTERS - 326 words
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441 2003-08-14 11 Issues likely as govt has to plug debtheavy budget deficit Reuters [JAKARTA] Indonesia must launch a major loan plan, which may include its first global bonds issue since the Asian crisis, to help fund its 2004 budget as it tackles the impact ofReuters - 441 words
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Article, Illustration508 2003-08-14 12 MUMBAI They are upbeat about strong economic forecast, corporate earnings Reuters CHARTERED accountant Bharat Sanghvi's 800,000 rupees ($30,640) investment in Indian stocks has jumped 25 per cent since April, but he does not plan to take profits. "We are in aReuters; Source: Bloomberg - 508 words
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125 2003-08-14 12 MUMBAI Bloomberg INDIA'S economy will double by 2010, as companies such as General Electric Co and Accenture Ltd hire from the country's pool of young educated workers, helping create a new generation of spenders, a Merrill Lynch Co report said. In India, sevenBloomberg - 125 words
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350 2003-08-14 12 NEW DELHI AFP US telecoms group Motorola is to hire more people in India to make it a research and technology hub, a report said yesterday. Motorola chief Mike Zafirovski told the Hindustan Times he was hoping to save money byAFP - 350 words
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Article, Illustration427 2003-08-14 12 HONGKONG Rise in tourism also bolstering shares of hotels and airlines Bloomberg [HONG KONG] Sino Hotels Holdings Ltd and Regal Hotels International Holdings Ltd are among Hong Kong hotels raising rates for the first time since March, buoyed by a ChineseBloomberg; AFP - 427 words
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Article123 2003-08-14 12 SINGAPORE Bloomberg BILLIONAIRE Li Ka-shing's Cheung Kong (Holdings) Ltd plans to start selling apartments at two luxury projects in Hong Kong to visitors from China for at least a 10th more than earlier units. The developer will sell a remaining 670 apartments at One BeaconBloomberg - 123 words
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Advertisement401 2003-08-14 11 satmonHOUMEiffcoMeatWOTr Date 21 August 2003, Thursday Venue 3rd Floor, Auditorium, Suntec Singapore International Convention Exhibition Centre Time 8.30 am to 5.30pm 7th Internet Commerce Conference r—: $»o lIIKKB Lee Bom Y«g, Mkisler for lafonMitioo, f bm—ifHibi mi tfce Arts Overcoming chaotic business climate, a lesson learned —Mr Alson Teo, CEO,401 words
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Article1549 2003-08-14 12 WOOM FUTURES Aug 13 RUBK8 tans (Ctakg print) RSSKScaaHAD Close Voftne Opon MmBi Win Low Sett (tots) lotomt Sop 03 182.50 Oct 03 100.75 Nov 03 179.75 Dec 03 178.00 ISS 3 (US cartel) Vofcne Opon Month Mfh Low Sett (tones) Merest •Sep 03 102.00 102.00 102.50 300 50001,549 words
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Article4486 2003-08-14 13 TransactUm date: Aug 13 HONGKONG vai HKumrt. 1»3 002 ***** MXS W- '000 Hong Kong Electric 30.50 0.20 3767 Hongkong Chi new 0.93 0 05 ***** Alpha General 0-25 0.01 186 Hongkong Chinese ltd 0 8 0.05 ***** AnandaWingOn...._ 001 unch 0 Hopewell Hokkngs A45 0.05 4478 Angara4,486 words
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Article2273 2003-08-14 13 Transaction date:Aug 13 KUALA LUMPUR ■M w- raan General Soil 126 undi 0 Ganting 15 20 0.10 167 AAMRealty 0.9* 0.01 42 Gamy Kant 047 0.01 21 Abric 096 002 162 GlobelronKsTtdi... 535 -0.05 1220 "to 00? 7 OomacBhd .330 -0.01 382 Ad«ance Synergy OM JnS 99 Gojd Bndge2,273 words
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Article808 2003-08-14 13 Transaction date:Aug 13 Dmtkmmm O— Ow» 1 Om Q—* MnmSOc 042 1X80 «0020 NrtSM SOt 0.5* 2*70 *0490 C4C 043 4.540 0420 OCBC *44 11.100 *0300 CapttaLand V15 1.300 *002* out 054 7300 *0.150 Oiart SantfGond 24c lOI 1060 *0020 Parkway M 25< 44# 0450 *0005 OtyOavSOc 146 4J00808 words
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Article559 2003-08-14 13 BONDS WARRANTS Tal La*t Vat Cam Enr Doc Ca«a Ciapif *m- rmm I* Uto H u> 3698 ASTIW*****1 1 16 5 150 10 3697 Acm* Ltd WM1116 15 03 SI 50 390 700 15 3602 Amtefc W*****0 H5 0 5 50 1 33 130 22 3603 Armstrong VW***** S unch559 words
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Advertisement11 2003-08-14 13 Fits the job to a tee. Will blossom in the post.11 words
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WORLD news
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558 2003-08-14 14 LATEST US DATA 1.4% gain in July lends credence to forecasts for sharp pick-up in growth Reuters Bloomberg AP [WASHINGTON] America's shoppers splurged in July on cars, appliances and clothes, boosting sales at the nation's retailers by 1.4 per cent, theReuters; Bloomberg; AP - 558 words
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Article, Illustration368 2003-08-14 14 ZURICH Bank benefits from rising markets and declining costs Bloomberg ÜBS AG, Europe's largest bank by assets, says the worst is over for the banking industry, after reporting the highest quarterly earnings since 2000. President Peter Wuffli said yesterday that the Swiss bank mayBloomberg; AP - 368 words
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Article272 2003-08-14 14 NEW YORK Reuters NEWS Corp, the media conglomerate controlled by Rupert Murdoch, yesterday swung to a quarterly profit from a year-earlier loss, helped by stronger performance at its television and cable units. The company reported a fourth-quarter profit of US$37O million, or 28 USReuters - 272 words
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WORLDWatch
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87 2003-08-14 14 Bloomberg [MELBOURNE] Foster's Group shares rose after the company said it plans to spin-off its pubs and gaming unit in a AJI.4 billion (Ssl.6 billion) share sale, fuelling speculation the money will be used to fund a wine acquisition or stock buyback. Foster's, Australia'sBloomberg - 87 words
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Article60 2003-08-14 14 Reuters [PHILADELPHIA] World Com Inc said yesterday it plans to name Rick Roscitt, a former long-term executive of rival AT&T Corp, as its president and chief operating officer to oversee the day-to-day operations of the bankrupt telephone and data services company. Mr Roscitt willReuters - 60 words
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78 2003-08-14 14 AFP [LONDON] British Airways announced yesterday it was immediately suspending flights to Saudi Arabia until farther notice, after Britain's government said there was "credible intelligence" of a threat in the country. BA's decision followed discussions earlier in the day with the Department for Transport,AFP - 78 words
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111 2003-08-14 14 Reuters [NEW YORK] E-mails given to regulators by Verizon Communications indicate some employees at competitor World Com knew WorldCom's call data had been altered, creating "pseudo" phone numbers that may have helped the company save money. The Wall Street Journal said yesterday. Verizon's filingReuters - 111 words
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Article410 2003-08-14 15 SEOUL Its Q2 loss widens to 530b won on fall in prices and DRAM demand Bloomberg HYNIX Semiconductor Inc, the world's No 3 maker of computer memory chips, reported its 10th loss in 11 quarters after prices fell further below the company's costBloomberg - 410 words
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244 2003-08-14 15 NEW YORK Reuters MERRILL Lynch Co chief executive Stan O'Neal said on Tuesday there will be no president appointed at the firm for at least five years, effectively ending an issue that had become nettlesome. "Stan told the board that he does notReuters - 244 words
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Page 14 Advertisements
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Advertisement152 2003-08-14 14 V\U. S > I Let your company be known through The Business Times Investors' Guide. J > i. j- *>.• ~.V S-v-' j;>Jf' I' jC- 1v? This Guide, a special feature in The Business Times on 9 September 2003, provides a dynamic channel to share information that's crucial to 'Toe152 words
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Article6258 2003-08-14 15 Transaction date:Aug 13 for live prices, log on to uuwxisiaonemarketsjom SHt Td Ijrt Vat Day IMQMi GrOfcr M» GrYM M MCjs Low Ceda Ci»pi»> Mi W- fW| Lwr Beyer SdUr Cw W hi 5300 ABNAmroNLG 56c 9 12 M 1388 15 9 1500 ACE Dynamics20c 16 +0.5 536,258 words
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Article71 2003-08-14 15 S2-Wk M UM M Day LtQ—*i GrDn Ho GttM MM Km w# i— cw« fiim w- rww w# t— s*r cw wt tJ 9600 89 606b Diamonds US8780 37V) 2700 6095 ISDJUSTedl US3740 555 555 6097 !5M505pore US55S 8270 8200 6101 ISSAPS00 US8270 9650 8280 6170 SPOW... U*****71 words
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Article1814 2003-08-14 15 52-Wk M Lai Val Day LMQmK GrD* H» OYM MM MCaa L—> Ca4e Mi Ctm 1— —If Cw fK tmk 24 7.5 ">000 ASKHIdgsSc 20.5 *1 1017 21 19.5 20 205 39.5 15 2101 APCMSc 27.5 unch 730 28 27 27 27.5 21 N2.6 3* 101 24.1 J}1,814 words
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Article274 2003-08-14 15 S2-M M IM M MOM MM> Mr CUM M Mpw wSrTL, C—. 5* W- PI miT imm •*,r %CW 161 II 6000 AVJenf*n®» A25c A WO *1 161 1S» 160 161 14 43 §3 M44 6001 C*h«,F»c20r HK7JO J 6002 OwungKongSOc MK17W 240 63 6.7 J 40B6.S 79274 words
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Page 15 Miscellaneous
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Miscellaneous176 2003-08-14 15 CRYPTIC CROSSWORD a revealing view (8,4) removed (7) 9 Party leader H| |H| 11 Prize awarded to steer, perfor example (7) wire? No point (7) 26 Brass bands? Hopefully notl (7 5) "Ciao" (12) YESTERDAY'S SOLUTION 10 Bandits with stolen cash? Across: 1 Flat race, 9 Reliance. DOWN rm off!176 words
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BIZIT
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Article, Illustration631 2003-08-14 16 Amit Roy Choudhury - BT exclusive Region's sales contributed 30% to BenQ's total revenue in 2002, finds Amit Roy Choudhury Amit Roy Choudhury TAIWAN'S BenQ expects to see a 50 per cent jump in revenues from the sale of its branded products in the Asia-Pacific region this631 words
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465 2003-08-14 16 Raju Chellam - But SingCert has no reports of infection from S'pore public By Raju Chellam The MSBlast "worm" that began infecting computers worldwide two days ago has gone on to infect more than 180,000 computers globally as of yesterday, and may have infected corporate networks more465 words
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348 2003-08-14 16 Bloomberg [TAlPEl] Quanta Computer Inc, the world's largest maker of notebook computers, and rivals face shortages of memory chips and other parts because suppliers haven't invested enough to expand production capacity after a more than two-year slump in demand, according to some parts makers. ComputerBloomberg - 348 words
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Page 16 Advertisements
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Advertisement58 2003-08-14 16 w*> M v i TECHNOLOGY IN ACTION f ZZ1>V< 7' 1 *4s» *> ,r j'. JH\': 'O-A i 4T J)"' to «1T/V w viS,,i %v vVtf v> A' v I jjW MRMjiaiBiBM hitachi Inspire the Next h t T p CJ I o I) «ft I h I l ,i58 words
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SHIPPING TIMES
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Article260 2003-08-14 17 Reuters THE Baltic Dry Index rose 16 points to 2314, the Baltic Capesize Index rose 18 points to 3216, the Baltic Panamax Index rose 28 points to 2206 and the Baltic Handymax Index rose 5 points to *****. imE-GHARTCB: SGC Seawind (built 1976) *****0 dwt delivery Far EastReuters - 260 words
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Article, Illustration760 2003-08-14 17 Ship attacked in Indon waters, US$10,000 ransom said to be demanded [SINGAPORE] Pirates have struck in Indonesian waters again attacking a Malay-sian-owned ship carrying fuel oil and taking its captain and two engineers hostage. It is believed the pirates sought aNANYANC SIANG PAU - 760 words
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Article272 2003-08-14 17 sgx 'ooo if A—13 SS W- g> CWT Dstnbution 0.56 0.01 17 ChuanHup .0.44 unch 578 v. CHOfWwre 0.30 unch 3026 CoKOkMrtmnt .0.43 0.03 ***** Freight Links 0.08 unch 1826 k G8Hotdmgs jO.78 a01 37 Jaya Holdings 0.45 unch 4559 KeppdCorp 5-35 -0.05 1577 K1 Venture .0.23 0.01272 words
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281 2003-08-14 17 AFP [BRUSSELS] Two cargo ships, both carrying cars, collided early yesterday in the estuary leading to the Belgian port of Antwerp, the port authority said. Although nobody was hurt in the collision, the two vessels were blocking access to the port, spokeswoman AnnAFP - 281 words
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204 2003-08-14 17 AFP [DHAKA] Thousands of people were stranded on Tuesday at ferry terminals across Bangladesh as vessel owners enforced a wildcat strike to protest stricter safety rules. The Bangladesh Launch Owners Association called for the indefinite strike from Tuesday night demanding theAFP - 204 words
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233 2003-08-14 17 Greek ship begins to crack in low tides; booms pot in place to protect port Reuters [KARACHI] An oil tanker grounded off Pakistan's Karachi port has started cracking and officials said yesterday they feared a major oil spill in the next 12Reuters - 233 words
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Article116 2003-08-14 17 AFP [NEW DELHI] Twenty-eight Chinese nationals were rescued in the Andaman seas off India's east coast Tuesday after their ship sprung a leak, a report said. The Indian coast guard picked up a distress signal from the Chinese ship, the Yujia, reporting heavy flooding, the Press Trust ofAFP - 116 words
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AIRLINE competition
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Article, Illustration1043 2003-08-14 18 Europe's third largest airline is boosting its no-frills unit in a bid to fend off budget carriers encroaching its German market Bloomberg [MUNICH] DEUTSCHE Lufthansa, Europe's third-largest airline, is expanding its low-fare unit Germanwings and reducing regional partnerships to cut costs as chief executive officerBloomberg; AFP - 1,043 words
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Article107 2003-08-14 18 PAGE BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 China Shpg 5 CWT Globelink ...4 Delmas 4 Dongnama 3 ECL 3 Far Shpg 5 Foong Sun 5 Gemartrans 4 Hamburg Sud 5 Hangli 4 Heung-A 3 IRISL 5 Kapal Kris 4 Kyowa 5 KMTC107 words
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Article8327 2003-08-14 22 thebusinesstimes EXPORT ETA ETA Advartlsar Vassal Voy»g# Talaphona ETA ETA Advartlsar »«rt VoyaQa Tataphona SIN Dast'n Sam, Nam* Numbar Ngimbar S»N Dastn Nam* Nama Numbar Numbar 30/06 07/09 IRISL IRAN ISFAHAN PCI 326 65-6220IM4 To ABIDJAN (ABJ) 2003 Cot. D'lvoiro 30/M 09/09 UASC ?i 1 F H A8,327 words
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SHIPS IN PORT
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Article567 2003-08-14 23 Vessel Voy Wo Berth Arrival Departurt JURONG PORT/MULTI-PURPOSE TERMINAL ANABAS 2391E J15 A/SIDE 14/08 060 BTMASITA AUG 15 J1 A/SIDE 14/08 030 DONGYIH ***** J6 A/SIDE 14/08 230 INDUSTRIAL C *****6 J16 A/SIDE 14/08 230 MCHIANGMAI 13 J9 A/SIDE 14/08 070 SANTA SURIA2 043 J22 A/SIDE 14/08 020567 words
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Article1822 2003-08-14 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES i Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX SAKURA 020N 020N 1 *****003 1 SOO *****003-0400 K10 AL FARAHIDI C247E C247E 1 16*08/2003-08:00 16/06/2003 18:00 ALSABAHIA C255W C255W 1 16/08/2003-IMP *****003-0700 AM. CHIWAN 013W 013W 11,822 words
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Article139 2003-08-14 23 Aug IS France: Assumption Day. Italy: Assumption Day. S Korea: Liberation Day. Aug 17 Indonesia: Indepen Day. Aug 24 UKingdom: Summer Holiday. Aug 31 Malaysia: National Day. Philippines: Nat Heroes Day. Sep 1 Canada: Labour Day. U.S.: Labour Day. Sep 2 Vietnam: National Day. Sep 3 Vietnam: Nat139 words
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Article788 2003-08-14 23 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the788 words
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Article463 2003-08-14 23 Cmm mo Uli *17 B4 *2 0-00 0 04 Am 7 DmsMt IMter Inter Aittl—tiliw Irifciil He »e»» U5 10 10 0 0 3 MM *59 8! *5 0« U <L0» MO Mm (Hi M 17J 0.0« 5t 0.03 HW) Mfrt fWi Wo C35 2 0463 words
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AIR & LAND transport
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Article, Illustration486 2003-08-14 24 German carrier bounces back from the red in Q1, but expects operating loss for fall year AFP Bloomberg [FRANKFURT] German airline Lufthansa said yesterday it flew back into profit in the second quarter of the current year thanks to prudent capacityAFP; Bloomberg; AP FILE PHOTO - 486 words
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339 2003-08-14 24 Bookings op after initial slump, says Abacus but hotels see low occupancy Bloomberg [SINGAPORE] Abacus International Pte, Asia's largest travel and airline ticket reservation company, said last Tuesday's bomb blast in Jakarta had "minimal impact" on travel bookings to the country andBloomberg - 339 words
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Article, Illustration224 2003-08-14 24 AFP [JOHANNESBURG] The South African government has given a guarantee of US$472 million to key lenders to South African Airways (SAA) and its parent company Transnet because of concern about expected losses, a media report said on yesterday. The Business Day newspaper said SAAAFP; FILE PHOTO - 224 words
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LOGBook
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Article65 2003-08-14 24 Bloomberg [LONDON] Ryanair Holdings pic, Europe's No 2 low-cost airline, plans to add three European routes and scrap another as it expands its network across the region. Ryanair will begin flights between Glasgow-Prestwick, Scotland, and Gothenburg, Sweden; Bournemouth, England, and Barcelona-Girona, Spain; and Frankfurt-Hahn andBloomberg - 65 words
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Article79 2003-08-14 24 AP [HONG KONG] Hong Kong's Dragonair will launch two daily passenger flights to Bangkok, Thailand, in November as part of efforts to expand its reach in Asia, a newspaper reported. The Standard said on Monday Dragonair will first fly Airbus A 320 jets with 150 seatsAP - 79 words
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81 2003-08-14 24 Reuters [HONG KONG] China Eastern Airlines Corp Ltd said passenger traffic rose 6.99 per cent in July from the same period last year as the effects of the Sars outbreak faded. It carried 1.04 million passengers in July, up 151.6 per cent from June whenReuters - 81 words
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201 2003-08-14 24 Bloomberg [LONDON] .Virgin Atlantic Airways, the UK's secondlargest airline, said it will add flights to Australia should British Airways stop serving the routes. British Airways (BA), Europe's largest airline, is considering cutting flights to Australia in the event the country's regulatorsBloomberg - 201 words
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Article, Illustration294 2003-08-14 24 Reuters [HONG KONG] Passenger traffic at Hong Kong's airport rocketed 114 per cent in July from June to 80 per cent of its pre-Sars level, the airport operator said. The deadly Severe Acute Respiratory Syndrome (Sars) virus began to strike Hong Kong withReuters; REUTERS - 294 words
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Article1945 2003-08-14 24 cm FUtHT IT* FU6HT E7D S0325 1445 LHT79 2305 MM 8*7381 *40 8*7382 2215 LM778 1555 ****** 2305 W M OH? 2215 ****** 1555 *****8 2305 tmttrtM *1837 1455 8*974 0130 *****7 1555 IJW7U 2350 *1838 2255 8*7306 1805 S026 2350 5024 2345 W 1 ttimm1,945 words
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Page 17 Advertisements
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Advertisement646 2003-08-14 18 IMPORT MOUTH AMERICA 11 I AUSTRALIA/NEW ZEALAND I SUPER SHUTTLE EXPRESS (SBX) [AUSTRALIA ASIA EXPRESS (AAX) "I vissa vot id -"S wo vtssa vot me stp Ma aw ere mi pkg ooa UKSKA 70W31 06/01 24/08 26/00 APIIVOOY 62N 02/00 04/01 00/00 00/00 12/00 17/00 19/00 OOCLCAUKMMA 72W32 14/00 31/00646 words
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Advertisement464 2003-08-14 18 Unas services represented by frnggpore ShippiHß AilPCidion AttCCOMr ULY UNE MALE ARSSEL VOY ETA EU EU A P. KIAN6 SPORE |H Maid Star 541 A 13/08 15/08 24/08 Princess Lily 0803 25/08 27/08 05/09 Mold Carrier 741 A 03/09 05/09 14/09 Empress lily 0503 13/09 15/09 24/09 MBH mhmhhh ULY464 words
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Page 19 Advertisements
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Advertisement1117 2003-08-14 19 I TO USA (SAX SERVICE) VBSa VOY SMI ETA LAX OAK DAI HOP CW COL MH» Ml NYC AntOGUm 1171 20/01 04/0+ 00/09 09/99 09/99 09/09 99/09 99/99 12/99 it/99 AM SWEDEN 0091 27/01 11/09 IS/09 l*/09 l*/09 I*/09 l*/09 l*/09 19/09 19/09 mmturn nw 03/09 11/09 22/09 23/09 23/091,117 words
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Advertisement2173 2003-08-14 19 _I 1 IWttWI 0111 SIRVKK FROM SmMPOM TO BUCK SU VIA MIT SIM* ommmmm itocrs KYCMYSC (VKKAHH) 20 MOTS CBKUI AfidfTS MSMCAPOtf: MIOMNSON »#l7-00 SAtB/MGS IH:MNSI»/41 HUL ******71/74 I I HMIIIMI I I IIMIMII Mftflf rncjAD (KIPMNfi PTE ITU SMSAPOXMUW OUTWAMIO/u MNHM 4iiosi7s/7s I VWHMIH tWMW) Z3DA!) n«?ii?ls«iS! TB:*77* IWO(MAM)2,173 words
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Advertisement418 2003-08-14 20 VS>l f\B| MAC gNOUIWICT/BOOKWOfc *****344 FAX: >*****33 I-MAM.: Jim—•d«lmn.c.m.» Q im UCLIYIMO DOCUMtMTATK>««/Of «AT>OW» WMM? FAX vKsa vot smpow rowmAiw umvii mim m* comwrr za®£ ss- a jjl— M M -J! —jjjg— fa.jLiy 117W fll>W OMH if/W K/10 W/10 M M* bp*. Mm* tm* MUt Ga*r If HMD Naml hUtmil418 words
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Advertisement475 2003-08-14 20 WX WAN HAI LINES V TEL: *****588 FAX: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN CALLING SIN EVERY THURSDAY TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* For more details, call HOTLINE: *****988/1800-*****00 tsmmmmm asu ants* iwa u~m ioToi iT/oi wu ii/oi 191 A475 words
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Advertisement482 2003-08-14 20 i BSA it. MYANMA VH FIVE STAR LINE (Mpw MKwml UM) L—6m% for Y«fN vcsa vor an m rm reu PAGA* 304W Sl* HPA-AN 307W SIB M 3AUTSIA: OOUSTIAD SMPPMG AGCMCKS NIL 03-*****)04 PtL 03-*****101 PW: 04-******2 BANK LINE (A nnk» tl kakm Wtk jMgM 1 NOKTHiOUNP TO lUKOW V482 words
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Page 21 Advertisements
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Advertisement919 2003-08-14 21 |V»SS«L VQY KHM HKO fig PKL PXI IA» PMN BtK SIMA TOUSA PCL 8002 SKIP SKIP 17/0* TB/08 28/08 29/08 05/09 07/09 CAM HMO PCL 8003 SKIP SKIP 24/01 25/00 02/09 03/09 09/09 11/09 NUN ISFAHAN PCL 32* 26/00 27/00 30/03 31/00 07/09 03/09 15/09 17/09 SIMA TOU3A Pa 3004919 words
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Advertisement565 2003-08-14 21 i isn k UK CONTINENT SERVICE Loodng for THOR LOTUS RTM/ATW/BMNAJK/NAN Load* Singapore, E7W. Matayma. IndonaM MIDDLE-EAST SERVICE" Loading for LOK LAJESHWARI ADN/HDD/JDH/AQA J. FRIEND DBI/ABU/DOH BRN, DMM/KWT LOK PRATAP DBl/ABU/DOH/BRN/DMM/KWT Toads Sngapofß, E7W Malaysia. Indonesia USA SERVICE Loadngtor PAN DYNAMIC VCW/LAX/MZL PACIFIC EMBOLDEN CAM/NFK/SAWNOL Toads EAV. Mataysa. Indoneaa F.E./S.E.A.565 words
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Advertisement838 2003-08-14 21 vcsa *21 m ESI JffSStt Yfll m ML FKMMM 101* H/M -ttUffil 1214 um IIM rxMWA i«/o» »»/o> muitu mi um um— HKMMPA lliw H/M 19/ M JKJKIIi J2li WM 2km PKIUMA Him 20/ M 21/ M fKSUUI 1015 21/ M _30/M_ ncumi lflin ii/M nm nc UWDA 1019R 2TM838 words
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Page 23 Miscellaneous
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Miscellaneous112 2003-08-14 23 Issued by Meteorological Service Division,NEA LEGEND: < Thunderstorm Wind speed symbols v 7 Showers Full circle w/o line indicates calm or light and variable winds Rain J_ O ne h alf fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x Hazy A -One solid triangle represents112 words
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Advertisement7 2003-08-14 24 Lafthanm takes on budget carriers, Page 27 words
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