The Business Times, 3 August 2004

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Microfilm: NL25654
Total Pages: 24
1 24 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 023/03/2004 intermit: .com.sg SINGAPORE TUESDAY, AUGUST 3, 2004 85C
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  • Article
    Lock icon Asia bourses slide on terrorist threat to NYSE
    543 1  -  Oil hits new peak as US warns Al-Qaeda eyeing several financial targets By Wong Wei Kong [SINGAPORE] Shares retreated in Asia and oil prices hit record levels yesterday as investors grappled with a renewed terrorism threat, after the US government warned over
    543 words
  • Article
    Lock icon Global markets rattled as US goes into Code Orange
    821 1 US dollar slides; Bush announces reform of intelligence system AP Bloomberg Reuters AFP [WASHINGTON] Intelligence warnings of Al-Qaeda threats to attack the New York Stock Exchange, World Bank and International Monetary Fund and specific financial institutions sent a shiver through global
    AP; Bloomberg; Reuters; AFP  -  821 words
  • Article, Illustration
    Lock icon Turmoil
    129 1 World Bank HQ New York Stock Exchange Citigroup Center The World Bank, Washington: HQ and five other buildings. Has 7,000 employees. The International Monetary Fund, Washington: Building is next door to the World Bank. Has about 2,400 employees. Citigroup Center, New York: The 59-story, 275-metre tall builing (1978), is
    World Bank HQ  -  129 words
  • Article
    Lock icon MARKETS
    77 1 «TI 1,887.41 (4.30) ST INDEX FUTURES (+11.00) nsiMsci mM 228.94 (-0.71) SIMSCI FUTURES 228.70 (+1.10) Monday Change KLSE CX)MP 827.49 -6.49 NIKKEI 225 11J22.24 -103.54 HANG SENG lt20U» -36.64 SET INDEX Closed JAKARTA COMP _749.46 -7.53 MANILA CO.MP _1.564.47 -20.23 TAIPEI WPI 5350.40 -70.17 SEOUL COMP ***** -15.75 SHENZHEN
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  • Article
    Lock icon FINANCE
    74 1 FOREX RATES US* s$ I'SS (SSperl S$) 1.717 £(l,'SS/SS per S) 1.830 3.141 El'ROirSS/SS/E). l.2«7 2.072 YEN 111.0 64.60 RM 3800 2.214 HKS 7.800 4.544 BAHT 4132 24.07 Rl'PIAH 9.140 5,325 RENMINBI 8.277 4.822 INDIAN Rl'PEE._ 46.39 27.02 AS 1.420 0.827 NZS 1565 0.912 PRIME RATES SINGAPORE 5.25 MALAYSIA
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  • Article
    Lock icon Manufacturing mood worsens despite output jump in Q2
    570 1  -  Only 35% of firms expect better H2 vs 44% in Q2 poll By Chen Huifen [SINGAPORE] Despite a sterling 20.6 per cent manufacturing output growth in the second quarter, fewer manufacturers are expecting a stronger business outlook for the second half of
    570 words
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      Lock icon Page 1 Advertisements Column 1
      40 1 MORE REPORTS Spooked by high oil price, terrorism fears, Pg 6 Terrorist raids won't cripple US banking, Pg 14 Financial institutions batten down the hatches, Pg 14 MARKS SPENCER sale now on Centrepoint, Wheelock Place Paragon lillllllllll 8 *****1 *****4
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      Lock icon Page 1 Advertisements Column 2
      90 1 E-mai! message to staff from Steve Jobs Team, I have some personal news that I need to share with you, and I wanted you to hear it directly tro-n me... Full ttlxt ot o-mail, Page 15 INSIDE DAVID QERAID V DAVID BAN SR£*. David Gerald on why he doesn't need
      90 words
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  • NEXT page
    • Article, Illustration
      Lock icon Sias chief accused of 'populist' stand during NatSteel saga
      1280 2  -  David Gerald says linked resolutions could set precedent for other companies By Kenneth Lim [SINGAPORE] Sias president David Gerald spent a good part of his first day in the witness box defending his actions during the NatSteel dividend saga. The former
      ABDUL AZIZ HUSSIN/ST  -  1,280 words
    • Article
      Lock icon Megawati defends her economic record
      471 2  -  Bambang promises to double growth, cut jobless in 5 yrs From Shoeb Kagda in Jakarta INDONESIAN President Megawati Sukarnoputri yesterday sought to convince businessmen and investors that her stewardship of the economy over the past three years haffproduced concrete results as was evidenced by strdng
      471 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      526 2 Public Seminar A guide through the maze: Accounting for Financial Instruments Thursday, 26 August 2004, The Fullerton Hotel" Fee per module: Ss3oo (PwC clients)/Ss3Bo (non-clients) Revisions to FRS 32 and FRS 39 In July 2004, the Council on Corporate Disclosure and Governance issued revised FRS 32 Financial Instalments: Disclosures and
      526 words
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      Lock icon Page 2 Advertisements Column 2
      58 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E: singapore@ocra.com.sg
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Is slide in SIA share mice overdone?
      718 3  -  HOCK lock siew ven sreenivasan IS the market over-reacting to the potential impact of rising fuel prices on Singapore Airlines? The counter tumbled 40 cents to $10.70 yesterday, bringing its total slide in the last two sessions to 4.5 per cent. Though part
      AFP  -  718 words
    • Article
      Lock icon SingPost lifts quarterly earnings by 10% to $26m
      451 3  -  By Joyce Koh SINGAPORE Post, which has a monopoly on delivering the nation's letters, yesterday posted a 10.5 per cent growth in quarterly earnings underpinned by a lower corporate tax rate and a drop in its debt financing costs. The company, which
      451 words
    • Article, Illustration
      Lock icon SembCorp Marine H1 profit up 15% on higher repair rates
      408 3  -  Ship conversion and rig operations overtake ship-repair as its main business By Jean Chua SEMBCORP Marine, Southeast Asia's largest shipyard company, yesterday reported a 15.5 per cent rise in first-half profit, thanks to a recovery in ship-repair rates and higher
      FILE PHOTO  -  408 words
    • Article
      Lock icon Osim committed to the best of corporate practices
      425 3  -  MAIL bag Peter Lee Chief financial officer Osim International WE refer to the article "How to score with transparency index" (BT, Aug 2) by Penelope Phoon, in which she quoted Osim as an example. The facts regarding Osim are incorrect and misleading,
      425 words
    • Article
      Lock icon Comment not specific to Osim
      110 3  -  Michelle Seth-Langbein Manager, Communications Special Projects ACCA Singapore ACCA would like to explain the following: With reference to bullet point one of Clarification 1: The company is right in saying it should read "early in 2002" rather than "early last year". We apologise for this
      110 words
    • Article
      Lock icon Jurong Tech's interim earnings soar 67% to $18m
      296 3  -  By Teh Shi Ning MAINBOARD-listed Jurong Technologies Industrial Corporation yesterday reported a 67 per cent jump in net profit from $11.2 million to $18.7 million for the six months ended June 30, and announced an interim dividend of 1.5 cents per ordinary
      296 words
    • Article, Illustration
      Lock icon StanChart promotes Wilson Chia
      392 4  -  He will become group regional head of consumer banking By Siow Li Sen STANDARD Charterers Wilson Chia, a familiar face in consumer banking, has been promoted to help the bank step up penetration of some of the region's fastestgrowing markets. Later this month, Mr Chia, who
      FILE PHOTO  -  392 words
    • Article
      Lock icon S&P raises rating for OCBC
      222 4 Bloomberg OVERSEA-CHINESE Banking Corp, the smallest of Singapore's three banks, had its rating raised by Standard Poor's after its $2.9 billion acquisition of one of the city-state's biggest insurers. OCBC's rating was raised one level to A+, the fifth-highest investment grade, from A. DBS Group
      Bloomberg  -  222 words
    • Article
      Lock icon Europtronic unit Eucon seeks SGX listing
      217 4  -  By Teh Shi Ning EUCON Holdings, an associate of mainboard-listed electronic components maker Europtronic Group, yesterday lodged a preliminary prospectus with the Monetary Authority of Singapore for a mainboard listing. Europtronic has a 39.9 per cent stake in Eucon, a printed circuit board (PCB)
      217 words
    • Article
      Lock icon DBS shares rise, boosted by strong results
      614 4 Steady margins, robust loans growth cheer analysts; UOB shares slide By Siow Li Sen DBS Group Holdings ended higher yesterday following strong second quarter results as analysts cheered its steady margins and robust loans growth. In a lacklustre day of trading on the
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    • COMPANY Briefs
      • Article
        Lock icon UOL clarifies divestment options
        98 4 UNITED Overseas Land yesterday clarified that depending on proposals received from financial institutions and market conditions, it is not ruling out a block trade or a sale of parts of its 4.2 per cent stake in the United Overseas Bank. Previously, UOL said the divestment would
        98 words
      • Article
        Lock icon Beauty China HI earnings op 30%
        85 4 MAINBOARD-LISTED Beauty China Holdings reported a 29.6 per cent rise in first-half earnings to HK532.5 million (557.2 million). The owner of the Colour Zone brand of cosmetics in China said revenue increased 34.1 per cent to HK$lOO.2 million from the same period a year
        85 words
      • Article
        Lock icon Sing Tel regional mobile base hits 52m
        78 4 SINGTEL added five million new customers during the June quarter, sending its regional aggregate mobile subscriber base to 52 million, the largest in the region outside China. The June totals were 40 per cent higher than the year-ago numbers, boosted by large net
        78 words
      • Article
        Lock icon Globe Teleoom posts record Q2 profit
        89 4 PHILIPPINES' second-largest mobile phone company Globe Telecom has posted a record second-quarter profit as customers drawn by services tailored to the poor grew at the fastest pace ever. Profit rose to 3.85 billion pesos (*****.2 million) from 2.37 billion pesos a year ago. Globe
        89 words
      • Article
        Lock icon Datacraft capital reduction okayed
        76 4 SHAREHOLDERS of Datacraft Asia have approved a capital reduction exercise, which aims to reduce the group's share premium account by cancelling the sum of $75.7 million from its share premium account. Part of the sum will go to write off accumulated losses amounting to $45.7 million,
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      • Article
        Lock icon C&C Bintang HI earnings down 33%
        68 4 JARDINE Cycle Carriage said net profit at Cycle Carriage Bintang fell 33 per cent in HI ended June 30 to RM13.2 million (Ss6 million). Revenue fell 28 per cent to RM391.6 million. Though its Mercedes-Benz after-sales and Mazda operations strengthened, chairman Abdul Halim Bin
        68 words
      • Article
        Lock icon Ooean Sky takes 33% stake in firm
        66 4 OCEAN Sky International said it has entered into a joint venture agreement with two other parties to invest 33.33 per cent each in Bloom Time Trading (2002) Pte Ltd, an embroidery services firm t incorporated in Singapore. The investment will cost Ocean Sky
        66 words
    • Article
      Lock icon SingTel to adopt new accounting rules this year
      383 5  -  Rule on how to treat goodwill from M&A may boost net profit for current financial year By Wong Wei Kong SINGAPORE Telecommunications Ltd (Sing Tel) yesterday announced the early adoption of new and revised accounting rules for its current financial year beginning
      383 words
    • Article
      Lock icon TeleChoice chalks up 3% rise in half-year profit to $8.3m
      323 5  -  Revenue from its business segments soars 89% to $257.3m By Chen Huifen RIDING on the region's growing telco markets, mainboard-listed TeleChoice International yesterday reported a 3 per cent increase in interim net profit to $8.3 million. Tele Choice, which provides
      323 words
    • Article, Illustration
      Lock icon Citiraya Q2 net profit up 30% as it processes more waste
      347 5  -  By Taila Krishnakumar ELECTRONICS waste recycling specialist Citiraya Industries recorded a sterling 30 per cent jump in net profits to $5.9 million for the second quarter ended June 30,2004. This was on the back of a 12 per cent
      FILE PHOTO  -  347 words
    • Article, Illustration
      Lock icon SingTel seen posting much lower profit in Q1
      608 5 But decline is due to absence of asset sales in the quarter Reuters NET profit at Sing Tel, South-east Asia's largest phone group, probably sank by more than half in the June quarter after big asset sales in 2003, but analysts said
      Reuters; FILE PHOTO  -  608 words
    • Article
      Lock icon JEL Corp H1 profit up 17% on good sales
      310 5  -  By Taila Krishnakumar JEL Corporation, which distributes photographic and fast-moving consumer goods in emerging markets, yesterday reported a 17 per cent rise in net profit to $3 million for the halfyear ended June 30. The improvement was on a 28 per
      310 words
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      Lock icon Page 3 Advertisements Column 1
      566 3 EXIT OFFER BY KIM ENG CAPITAL PTE. LTD. FOR AND ON BEHALF OF WORLD PEACE INDUSTRIAL CO., LTD AND PRIME FUTURE TECHNOLOGY LIMITED TO ACQUIRE ALL THE ISSUED ORDINARY SHARES IN THE CAPITAL OF WPG INTERNATIONAL LIMITED CLOSE OF EXIT OFFER Kim Eng Capital Pte. Ltd. would like to announce,
      566 words
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    4168 4 UNIT TRUSTS FUNDS Commerzbank Awit Mot Com Global Finance IndoilJ! 0.9V Com Global Lifestyle kids fd 0.97* AIM Amro «M Mgt (S'pora) Com Global Health Ms Fd 0.859* Star Europe Eqty! 0.726/ Com Global Telecom Index Fd 0.483/ Star Eirope Bond 1.2® Com Global mtaec We. Fd!" 033V Star EwopeBal
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      1271 5 <A> Registered Office: 3rd Floor, Absa Towers East, 170 Main Street, Johannesburg, 2001 ABSA Absa Bank Limited, Singapore Branch: 9 Temasek Boulevard #40-01 Suntec Tower Two, Singapore *****9 croup limited All amounts are In Rand million Balance Sheet Income Statement as at 31 March for the year ended 31 March
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  • SINGAPORE markets
    • Article
      Lock icon BROKERS' TAKE
      693 6  -  Compiled by VEN SREENIVASAN DBS Aug 2 do**: $15.60 DBS's 80 per cent year-on-year interim net profit growth to $847 million was propelled by $497 million of one-off gains $187 million from the sale of Wing Lung Bank and $310 million from DBS Thai Danu. Excluding the one-offs,
      693 words
    • Article, Illustration
      Lock icon Strong upside potential seen for Keppel Corp
      284 6  -  HOT STOCK WARRANT By Ven Sreenivasan KEPPEL Corp was one of the prominent index decliners yesterday. The stock fell 10 cents to $7.20, despite the company unveiling a 24 per cent rise in interim net profit to $239.7 million. However, this appears to
      Source: Bloomberg  -  284 words
    • Article, Illustration
      Lock icon Market spooked by high oil price, terrorism fears
      481 6  -  BT comment STOCKS ven sreenivasan THE Singapore market drifted sideways yesterday in the shadow of global terrorism fears, stubbornly high fuel prices and worries that the tech sector may be sliding. The Straits Times Index fell early on but managed to claw
      Source: Bloomberg  -  481 words
    • Article, Illustration
      Lock icon All eyes on US data in tricky week ahead
      586 6  -  BT comment CURRENCIES Potential tussle between fears of terrorist attacks and stronger US jobs numbers larry wee SOFTER GDP numbers and weekend warnings of terror attacks slowed the US dollar's advance at the end of last week but a Wall Street
      Source: Reuters  -  586 words
    • TRADES TO WATCH
      • Article
        Lock icon Key Intefra shareholders see stakes cut
        142 6 INTERRA Resources substantial shareholders Marcel Tjia, Agus Anwar and Canyon Gate Investments saw their deemed stakes pared in married deals last week. The two individuals are no longer substantial shareholders of the company after their combined deemed shareholdings fell to 4.6 per cent from
        142 words
      • Article
        Lock icon Liang Huat ED's stake falls to 0.97%
        131 6 LIANG Huat Aluminium executive director Tan Cheng Nguan's direct stake fell to 0.97 per cent from 1.11 per cent after 800,000 shares that had been charged to Liberty Insurance Pte Ltd were sold as settlement for debts owed by Liang Huat Holdings Pte
        131 words
      • Article, Illustration
        Lock icon Asia Dekor director buys more shares
        82 6 ASIA Dekor independent director Teng Ngiek Lian bought another 350,000 shares on the open market on Friday last week at 5.5 US cents apiece and now controls 0.18 per cent of the company's shares from 0.14 per cent previously. The director, who did not
        82 words
      • Article
        Lock icon GP Batteries directors exercise options
        76 6  -  Compiled by KENNETH LIM GP BATTERIES International directors exercised their share options yesterday. Executive vicechairman Richard Ku converted 110,000 options at $3.08 apiece, raising his shareholding to 0.19 per cent from 0.09 per cent. Executive director Wong Wai Kan's stake rose to 0.35 from 0.24
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    • Article, Illustration
      Lock icon Untitled
      431 6 OTHER SINGAPORE INDICES Aug 2 VALUE CLOSE ETT OB/OS -314.00 +48.00 BTCAOi -*****.00 -101.00 BT 10-day MA -31.00 AII-SG Equities 494.69 -1.88 SG Equities Elect 154.85 -0.83 SG Equities Fin 1569.34 -0.65 SG Equities Prop 446.33 -5.20 S I|S ?L 228.94 -0.71 SiMSCI Futures 228.70 +1.10 Stock* Votaw Citiraya 2.5c
      431 words
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  • SMALL caps
    • Article
      Lock icon Portfolio ends quiet week 0.3% higher
      411 7  -  By Teh Hooi Ling THE second tier market in Singapore was pretty subdued in the last one week, with not many major movements. Our portfolio ended the five trading sessions to yesterday up a marginal 0.3 per cent. That's just a whisker better than
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    • Article, Illustration
      Lock icon Will Junma ride on China's auto industry for growth?
      883 7  -  The firm has ambitious expansion plans but it may still face many hurdles ahead, says JOYCE KOH JOYCE KOH JUNMA means "handsome horse" in Mandarin. But whether this company will attract as much attention as its sprightly moniker suggests depends as
      ARTHUR LEE  -  883 words
  • Article, Illustration
    Lock icon FINANCE
    1102 7 Transaction date:Aug 2 BfTERBAMK CROSS RATES AS C$ tonb Euro HK$ Ind Bs BupWi Yen Won BM NZS Pali to Peso S$ Rand Sfr UTS Baht Pound US$ Australia 0.935 5.830 0.594 5.494 32.671 64.378 0.782 8.205 2.677 1.103 41.240 39.292 1.209 4.379 0.895 24.027 29.100 0.385 0.704 Canada
    1,102 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      161 7 pwm^^KWorjjMjte| MflnlllJ lnlJi4(lll« i i □K7l7V!i9nfCn;yj J J J.I I >• Ask us about Corporate, Individual or Group Instruction. J I Call Berlitz today 6733-7472 or visit www.berlitz.com jj 501 Orchard Road #05-03/04 Wheelock Place Singapore *****0 jgai cm tme\ Our qualified professionals ■Hkj A can assist you with offshore
      161 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon PMI slide to 53.5% in July raises concern
      583 8  -  Declines in new orders and output spell uncertainty: institute By Anna Teo AFTER rising to a 44-month high in June, the purchasing managers' index (PMI) lost ground last month as manufacturers received fewer new orders and produced less. And the declines in
      Source: SIP/ M  -  583 words
    • Article
      Lock icon WTO agreement will benefit Singapore
      355 8  -  By Daniel Buenas THE pact made by 147 countries in Geneva at the weekend to liberalise world trade is good news for a trading nation like Singapore, but the true impact will only be known after details have been finalised, economists here said yesterday. Indeed,
      355 words
    • Article, Illustration
      Lock icon Swissotel in marketing tie-up
      227 8 SINGAPORE'S Swissotel Hotels Resorts and Brazil's Blue Tree Hotels Resorts will harness each other's strengths in their own stronghold markets under a marketing alliance. Under the alliance officially launched last week, Swissotel and Blue Tree will develop reciprocal and joint marketing activities. These include joint participation
      227 words
    • Article
      Lock icon Nicoll Highway inquiry opens
      146 8 AP A PUBLIC inquiry started yesterday into who was responsible for the cave-in of a newly excavated subway tunnel that caused a nearby highway to collapse, killing four construction workers in one of Singapore's worst industrial accidents. The April 20 incident has been blamed on one
      AP  -  146 words
    • Article
      Lock icon DHL working to deliver more than packages
      433 8  -  By Conrad Tan DHL is shedding its traditional image as a document courier and positioning itself as a full-fledged logistics service provider, following the integration of DHL Worldwide Express, Deutsche Post Euro Express and the logistics specialist Danzas early last year. The company
      433 words
    • Article
      Lock icon Classes to train staff for financial sector jobs
      250 8 DETAILS of the two training programmes under the Financial Sector Manpower Conversion Scheme (FSMCS) were released to the public yesterday. The Wealth Management Institute (WMI) —a local academic institution will conduct the WMI Certificate in Private Banking programme, designed to enable participants
      250 words
    • Article
      Lock icon European brands at franchising expo in Sept
      114 8 COME September, European brands will arrive on our shores at the Global Franchising and Licensing 2004 (GFL2OO4). Recognising Asia's potential for expansion, companies from France, Germany and Spain will be represented at GFL2OO4, which is held from Sept 15 to 17 at Suntec
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      284 8 TSM RESOURCES LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of TSM RESOURCES LTD ("the Company") will be held at 18 Cross Street, Bth Floor Marsh McLennan Centre, Singapore *****3, on Thursday, 26 August 2004 at 10.00
      284 words
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      Lock icon Page 8 Advertisements Column 2
      714 8 Tn nrtrnHlsc call toll-free 1800 289 8822 Email: notices@sph.com.sg_ IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TECK HOCK INTERNATIONAL PTE LTD (In Members' Voluntary Liquidation) NPTICF OF FIN* 1 meeting NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act.
      714 words
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  • FOCUS property
    • Article, Illustration
      Lock icon New fund for ethical property investments and projects
      792 9  -  Open-ended unlisted fund to tap S'pore, Australian and Hong Kong property markets By Kalpana Rashiwala INTERNATIONAL Mezzanine Fund Management Ltd (IMFML), an associate company of Hong Kong's Sun Hung Kai Financial Group, has launched a fund that will finance property investments and
      FILE PHOTO  -  792 words
    • Article
      Lock icon Times Pub sale of Perth asset set to net $4.8m
      185 9 It sells office building in move to divest non-core property assets TIMES Publishing Ltd will soon conclude the sale of a 14-level office building in Perth, Australia for a profit of about $4.8 million. 30 The Esplanade, comprising 10 office
      185 words
    • Article, Illustration
      Lock icon Rental market for foreign students has potential
      446 9  -  Provide specialised accommodation to cater to their needs: DTZ By Andrea Tan AS Singapore seeks to attract more foreign students, there is potential for the rental market to grow, says DTZ Debenham Tie Leung. Singapore aims to be a hub for 150,000 foreign
      FILE PHOTO  -  446 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      147 9 r i) isr j 2 Mistri Road ESfcEEEffiHl 'jfyii** j; •15-storey commercial building with basement carpark •Prime location, off Anson Road/ IfllllSS--ShentonWay j^f|||||||^ •Tenure -99 years leasehold if lllj§f §ft •Site Area: 14,325 sq ft approx. Net Lettable Area: 55,341 sq ft approx. •5 mins walk to Tanjong Pagar MRT
      147 words
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      Lock icon Page 9 Advertisements Column 2
      69 9 HANCOCK TOWER Vst| 18th 19th floor Each floor 10,128 sq ft (approx.) I SlliLN Freehold Vl Prime CBD location Walking distance to Raffles Place MRT Tender closing date: 19th August 2004, Thursday at 3 pm Sole Marketing Agent Tan Ser Fong 6531 8565 Calvin Yeo 6531 8671 liTitn 1 Lianhe
      69 words
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      Lock icon Page 9 Advertisements Column 3
      57 9 A PRESTIGIOUS ADDRESS SINGAPORE SCIENCE PARK -co,' Be part of the exclusive Science Park community The Alpha Singapore Science Park II etc -xt -i The Galen hi-tech businesses. 3otn Asia's largest R&D community and build alliances The Gemini Teo' 6774 9692 Pauline Low 6774 9681 Jeannie Wong 6774 9858 i
      57 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Washington had it coming from Manila
      697 10  -  THE bottom line OPINION al labita NOT a few Filipinos find it amusing, if not entirely ridiculous, that the United States and Australia would make so much fuss about Manila's pullout of its small, ragtag security contingent from war-torn Iraq. To the country, that
      697 words
    • Article
      Lock icon IN OTHER WORDS
      73 10 'In a campaign, there are things you can control and things you can't control. You have to spend as much time as humanly possible worrying about the things you can control. We don't sit around all day talking about what colour the terror alert is.' Tad Devine
      73 words
    • Article
      Lock icon Flexi-wage should work both ways
      583 10 EDITORIAL WITH the Singapore economy growing more strongly than expected earlier this year, now is as good a time as any for companies here to demonstrate to staff that a flexible wage system need not always work to the disadvantage of employees. Indeed, the test
      583 words
    • Article, Illustration
      Lock icon An interim trade deal short on hard details
      1022 10  -  Sunday's WTO agreement postponed negotiations on agricultural tariff reductions as well as details of tariff cuts on industrial products By Elizabeth Becker NYT [GENEVA] By agreeing to the eventual elimination of billions of dollars of farm subsidies early Sunday morning, the World
      NYT; AFP  -  1,022 words
    • Article
      Lock icon Divided heart, united focus
      900 10  -  COMMENTARY The Democrats have an array of agendas and bright new personalities By Elisabeth Rosenthal IHT [BOSTON] OK, so the Democrats did it. The fractious party nominated John Kerry and John Edwards as its presidential team last week, with a rousing display of unity. The Democratic
      IHT  -  900 words
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  • REGIONAL news
    • Article
      Lock icon KL listed firms paid directors RM1.13b
      540 11 KUALA LUMPUR Survey of 548 firms showed Genting director led the pack with RM40m package last year THANKS to an improving economy and rising profits, directors of Malaysian pub-lic-listed companies were generally paid more money last year, says a survey carried in the latest
      540 words
    • Article
      Lock icon Johor's Best World complex finds buyer
      452 11 JOHOR Purchaser to revamp abandoned mall: report THE Johor government's rescue plan for abandoned shopping malls has taken off, with a developer buying its Best World complex in Johor Baru, the Malaysian Business Times reported yesterday. The RM24O million (SsloB million) nine-storey upmarket complex
      452 words
    • NOTE Book
      • Article
        Lock icon KLCC Prop's EPO to raise RM765m
        83 11 Reuters [KUALA LUMPUR] KLCC Property Holdings, the owner of the Petronas Towers, is set to raise RM765.5 million (*****.7 million) in the country's largest IPO this year, sources said. They said the institutional selling price of the IPO was fixed at RMI.BO apiece. Institutional
        Reuters  -  83 words
      • Article
        Lock icon Senai-Desaru to sell RM1b of bonds
        91 11 Reuters [KUALA LUMPUR] Malaysian toll road firm Senai-Desaru Expressway plans to issue RMI billion (***** million) in Islamic bonds in the next three months, a company director was quoted as saying yesterday. Hamdan Mohamad said Aseambankers Bhd and Macquarie Bank of Australia had been
        Reuters  -  91 words
      • Article
        Lock icon HK to host WTO ministerial meet
        56 11 AP [HONG KONG] Hong Kong will host the World Trade Organization's sixth ministerial meeting in December next year, the government announced on Sunday. Hong Kong Commerce Secretary John Tsang said the territory will work closely with the WTO to ensure it will be "successful
        AP  -  56 words
    • Article, Illustration
      Lock icon Perwaja's ex-boss Chia ordered RM76.4m payment, court told
      454 11 Trial to last about 4 weeks with 36 witnesses expected AFP Bloomberg [KUALA LUMPUR] A former top official at Malaysia's national steel company told a court yesterday former managing director Eric Chia ordered the payment of RM76.4 million (5534.5 million) in the
      AFP; Bloomberg; REUTERS  -  454 words
    • Article
      Lock icon Higher profits forecast for M'sian telcos
      385 11 KUALA LUMPUR Reuters MALAYSIA'S top two telecoms firms are expected to report higher second-quar-ter earnings on increased sales of mobile phones and boosted by an asset sale. Malaysia's three mobile firms are in stiff competition for new customers in a market that is approaching
      Reuters  -  385 words
    • Article, Illustration
      Lock icon HSBC net profit jumps 55% in H1
      384 12 HONG KONG Bank says it has reached deal to take stake in China's No 5 bank AFP GLOBAL banking giant HSBC Holdings said yesterday its pre-tax profit rose 53 per cent from a year earlier to U559.37 billion in the six months to
      AFP  -  384 words
    • Article
      Lock icon Strong demand for Tata Consultancy IPO
      139 12 MUMBAI Bloomberg TATA Consultancy Services, India's biggest software maker by sales, received orders for 96.3 million shares, or 1.74 times ■the shares it's offering to sell at its initial public offering, according to the Mumbai stock exchange website yesterday morning. The company is offering
      Bloomberg  -  139 words
    • Article
      Lock icon Hang Seng Bank's net up 24.4% at half-time
      400 12 It recovered some bad loans provisions, but low interest rates hurting its margins HONG KONG Bloomberg HANG Seng Bank Ltd, Hong Kong's sec-ond-biggest publicly traded lender, said first-half profit rose 24.4 per cent as it recovered some of the provisions it previously
      Bloomberg  -  400 words
    • Article
      Lock icon China banks' IPOs may be delayed till mid-2005
      327 12 HONG KONG Unprecedented financial revamp needs more time THE complex financial restructuring of China Construction Bank (CCB) and Bank of China (BOC), the first state-owned lenders seeking overseas listings, will delay their initial public offerings until at least the middle of next
      327 words
    • Article
      Lock icon Manila's ban on Iraq workers to cost US$100m
      249 12 MANILA AFP THE Philippines stands to lose as much as US$lOO million in remittances due to a continued ban on the deployment of Filipino workers to Iraq, labour officials said yesterday. The Philippine Overseas Employment Administration (POEA) said at least 6,000 jobs
      AFP  -  249 words
    • Article, Illustration
      Lock icon New Guangzhou airport may challenge HK's air hub status
      640 13 GUANGZHOU US$2.4b airport opens on Thursday and is seen taking a big slice of HK's cargo traffic too Reuters GUANGZHOU'S US$2.4 billion state-of-the-art airport will open on Thursday in China's export heartland, posing a potent new threat to nearby Hong Kong's
      Reuters; REUTERS  -  640 words
    • Article
      Lock icon Brilliance China shares dive on reports of high-level resignations
      335 13 HONG KONG Reuters SHARES in China's largest minibus maker, Brilliance China Automotive Holdings, dropped as much as 12 per cent yesterday after media reports its top four executives had handed in their resignations after selling down their stakes in the firm.
      Reuters  -  335 words
    • Article
      Lock icon Zhu Kuan lenders fail in court bid
      535 13 HONG KONG Liquidators barred from searching company records Bloomberg STANDARD Chartered pic and other creditors of Zhu Kuan Group, the bankrupt overseas investment arm of the city of Zhuhai in China, failed to win a local court ruling to help recover US$l billion
      Bloomberg  -  535 words
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      94 11 I¥7l ■■iliiJi /liwlA J Presented Diners Club Credit Card 6416 0980 Where to wine, dine and entertain... Treats our most popular Seafood KwayTeow Beef Kway Teow @$6.9o+++ Served with special black bean sauce Mon-Sun: Lunch from 1130 am onwards For reservations, Please call *****138 Call (65) 6343 0088 yflfr Fax:
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      21 11 Advertise in Wine, Dine Entertain oj The Business Times and reach out to 100,000 readers daily. Contact Patrick Angat 6319 1284
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      142 11 National Day Celebration Euro-Asian Buffet 2-12 August To celebrate the Nation s 39th birthday, Cafe Plaza is serving up hawker delights of bygone days... indulge In Kway Chap, Hae Mee, Halnanese Chicken Rice, Tua Tow. Bak Kut Teh, Rotl Prata and lots more. Monday to Sunday (except Saturday) Lunch: $26.80
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      69 11 ~1 MER.ITUS MANDARIN SINGAPORE F DISCOVER Singapore's Melting Pot of Flavours! t 1 31 August 2004 Come and experience Singapore's multi-faceted local food Buffet Lundc 12 noon to 4.30pm Weekdays: $24.80* (Adult) $15.80 (Child) Weekends $26.80* (Adult) $16.80* (Child) Reservsttk»K 6831-628&88 fnas subject to 10% strata ehsrp and pmaihng govmumm
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  • Article
    Lock icon COMMODITIES
    1584 12 SICOH FUTURES 4ml RUBBER Futures (Closing prices) w RSS 1 (Scents/Kg) Close Volume Open Month High Low Sett (tomws) Interest Sep~04 1 1 2R75 1 1 Ort 04 212.00 Ho* 04 212.00 Dec 04 212.00 J«n/Mar 05 212.50 Apr/Jun 05 214.75 RSS 3 (US centsAa) Volume Open Morth High
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    Lock icon STOCKS ASIA
    4729 13 Transaction date: Aug 2 HONG KONG Vol HK Exchange Clearing .15.80 -0.30 4789 HKS '000 HKR Inf 1 2.48 -0.08 1983 Hong Kong Electric 33.70 0.40 1576 Aeon Credit .4.95 -0.05 44 Hongkong Chinese 0.95 0.02 270 Aeon Stores 7.50 0.60 807 Hopewell Holdings 15.80 0.35 297 Alpha
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  • FOCUS threat to the street
    • Article, Illustration
      Lock icon Terrorist raids won't cripple US banking
      683 14 Officials say safety mechanisms and backup systems are in place to ensure that business goes on AP [WASHINGTON] OFFICIALS believe there are sufficient safety mechanisms to ensure that any terrorist attack on the US financial system can be weathered in much the same way
      AP  -  683 words
    • Article
      Lock icon Financial institutions batten down the hatches
      651 14 Security measures beefed up amid secrecy as firms avoid drawing attention to themselves NYT [NEW YORK] They are among the biggest symbols of capitalism and now they are being cited as potential terrorist targets. These beacons of the free market, from Citigroup to the
      NYT  -  651 words
  • Article
    Lock icon KLSE
    2303 14 Transaction date:Aug 2 KUALA LUMPUR 2E Vo GlomacBhd 2.41 -0.02 88 RM (*000) Gold Bridge Engrg 0.3S -0.01 143 Golden Frontier .0.75 0.01 8 A M Realty 131 -0.10 9 Golden Hope Plant 3.40 -0.02 101 Abric 060 0 01 38 Golden Pharos 0 48 0.01 3 ACP Industries
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    Lock icon SGX
    859 14 Transaction date:Aug 2 Stukmma m Oaaa dame ttMkmm m Oaaa Omm ARgreanSOc 0.30 1.090 -0.030 NOL 1J5 2M0 *0.030 BH. Intl US20c 0.38 0.7(0 -0020 OCBC 10.34 12.800 CapttaUnd 109 1.540 -0 030 ParfcwayH25< 0.55 1.110 Chart SamKond 26c 0*« 1.040 <0.020 People's Food HK50c 0J5 1.100 City Dev
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    Lock icon BONDS & WARRANTS
    615 14 BONDS WARRANTS Ttf l*f1 Vo< Cam Eur 'SC Sw Ml tf fW| *Mt» frig If b»ft WflMtX (Mitjmma IT* M AS si M ID mi 1 50 742 12jOO 3 WU Amb«6*tlS0610 n 1 M -2 145 10 jm AtwonNOTOtM Hi ura* 523 1 10 20 1M J* jg o
    615 words
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  • WORLD news
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      Lock icon Apple chief recovering alter cancer surgery
      470 15 SAN JOSE, California Steve Jobs to return in Sept, exec VP Timothy Cook to run company in his 1-month absence AP Bloomberg STEJVE Jobs, the charismatic chief exe«|feive of Apple Computer and Pixar Animation Studios, said he had surgery to remove a cancerous tumor
      AP; Bloomberg  -  470 words
    • Article, Illustration
      Lock icon Subject: Jobs' message to staff
      239 15 Team I have some personal news that I need to share with you, and I wanted you to hear it directly from me. This weekend I underwent a successful surgery to remove a cancerous tumour from my pancreas. I had a very rare form of
      239 words
    • Article
      Lock icon US tech firms hold back on IPOs
      446 16 SAN FRANCISCO Stricter SEC review, greater investor concern prompting many to reconsider listing THIS year's procession of young technology companies to Wall Street has slowed to a crawl amid intense regulatory scrutiny and growing investor concerns about the quality of some of the
      446 words
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      Lock icon SEC enforcement actions see 15% fall this year
      522 16 WASHINGTON Crackdown on corporate crime may be impacting exec behaviour LAT-WP FOR the first time since corporate fraud emerged as a national issue in the US, enforcement actions by the Securities and Exchange Commission are slipping down 14.7 per cent in the
      LAT-WP; BLOOMBERG NEWS  -  522 words
    • Article
      Lock icon SMFG to pursue merger despite rejection from UFJ
      258 16 TOKYO Reuters UFJ Holdings Inc, Japan's fourth-biggest bank, yesterday rejected a surprise merger offer by third-rank-ed Sumitomo Mitsui Financial Group Inc (SMFG), making clear UFJ's preference for a tie-up with Mitsubishi Tokyo Financial Group Inc. Takamune Okihara, president of UFJ's core unit
      Reuters  -  258 words
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      Lock icon US construction in June falls unexpectedly
      361 16 WASHINGTON Bat manufacturing activity increases again in July Reuters Bloomberg AP CONSTRUCTION spending in the United States unexpectedly fell 0.3 per cent in June for the first time in 16 months, to an annual rate of U*****.2 billion, as home building declined, the Commerce
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    • WORLD Watch
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        Lock icon Q2 chip sales up 9.5% to US$53b
        93 16 Reuters [NEW YORK] The Semiconductor Industry Association yesterday said that second quarter global chip sales rose 9.5 per cent from the first quarter but forecast the growth rate would slow down. It said worldwide microchip sales are on track to reach more than
        Reuters  -  93 words
      • Article
        Lock icon New chief for Korean regulatory body
        98 16 AFP [SEOUL] President Roh Moo-Hyun has accepted the resignation of South Korea's top financial regulator following criticism of his failure to stop credit card turmoil, officials said yesterday. Mr Roh appointed Yoon Jeung-Hyun, an Asia Development Bank board member, as new head of the
        AFP  -  98 words
      • Article
        Lock icon Cox to take cable TV private
        96 16 Bloomberg [NEW YORK] Cox Enterprises, which owns 62 per cent of Cox Communications, said it wants to pay US$7.9 billion for the shares of the fourth-largest US cable television company it doesn't already own. Under the proposal, owners of Cox Communications' publicly traded shares
        Bloomberg  -  96 words
      • Article
        Lock icon BNP Paribas Q2 earnings soar 50%
        60 16 Reuters [PARIS] French bank BNP Paribas yesterday posted 50 per cent growth in second-quarter profit on fewer bad loan reserves and growth at retail units but said second-half results were usually lower than the first half. It earned 1.35 billion euros (Ss2.B billion) in
        Reuters  -  60 words
      • Article
        Lock icon GE Cap to take stake in Hyundai Cap
        65 16 Reuters [SEOUL] GE Capital yesterday agreed to buy a stake in Hyundai Motor Co's ailing financial arm for US$37l million, making inroads into South Korea's US$B.6 billion auto financing market. Hyundai Capital Services said the US company would invest a total of
        Reuters  -  65 words
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    Lock icon SGX MAINBOARD
    6914 15 Transaction date: Aug 2 il-m Tel Last Vol Day LaitQuote GrMv 01* Utti Nat MCap High low Coda Cowpany Sate fQOO) HWi low —im Sdtar Cm nt SmM 25.5 6.5 5716 1st Software 5c 7.5 +0.5 62 7.5 7 7 7 5 B* 34.5 30 5 3148 8Te)ecomUS2c
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    Lock icon SGX XTRANET
    65 15 S2-M T«l L»rt Vol Dny LMIOuot* GrMv Uv GrVM Net MCaa MMl Law <M» Cl—y ♦<- C«W> nw» m S* Cw Ht fcJ 2060 2000 6065 Diamonds US2060cd 2120 6095 SOJUSTedi US3740 6097 IS MSO Spore US555 6101 IS SAP500 US8270 ********** 6170 SPO«S US***** 1920 1531 6235
    65 words
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    Lock icon SGX SESDAQ
    1902 15 52-Wk Tal Last Vol Day LM Quota GrOtv Dtv GrTM Nat MCaa cimm Ma rm> Law »»yr s*f Cur HI 26 12.5 5000 ABRHIdgsSc 14 unch 10 14 14 14 16 27 42 22.1 2101 APOjlScT 295 -0.5 78 29.5 29.5 29.5 30 5 N9.1 0.8 11.4 31.1
    1,902 words
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    Lock icon CLOB INTERNATIONAL
    338 15 Si-Wk Id Last Vol Day L*t Quote GrOiv Div GrYM Nil MCac L—l Kmtm C«—T M« W- C0PQ> Lw» i»r«r Sdbr %_Cw Ht 228 ISO 6000 AVJet¥Wn9»A25< -1 22 173 173 174 175 44 10.6 6 4 5.4 372 3 6001 Cathav Pac 20C HK720 265 2.1 7.4
    338 words
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      105 16 ONE Designation... Multiple Perspectives While you Seek to improve your successes,strategy is Key S -r>S^Bp Pick a good player and what M |®F follows is a description of fßv j|fi a strategy built around you; a concept which will help you dramatically increase the number of JHWp victories scored against
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      168 16 CRYPTIC CROSSWORD 1 In which one might 11 Endure delay over pudding, 6 Daring dismissed in 13 Currently meaning to board 10 Looks of 16 They pay crossword compil--12 on SWe6t Sme fxxn6, mother (6) tsk® welcoming adult (6) SOLUTION 24 spwstolit^ a (5-4)' ith n Rout, 24 Burro, 25
      168 words
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  • SHIPPING TIMES
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      Lock icon Asia told to invest in ports to cope with trade growth
      583 17 Over 430 new berths required in Asia-Pac to handle 207m TEUs by 2011, says analyst [KUALA LUMPUR] Asia's shipping trade is expected to grow sharply led by China and India, but the region must enhance security and invest some
      AFP  -  583 words
    • Article
      Lock icon PTP and Port Klang hope to break own volume records
      278 17 Bernama [KUALA LUMPUR] Malaysia's two major ports, Port of Tanjung Pelepas (PTP) and Port Klang, are confident of breaking their present records in handling containers this year. Transport Minister Chan Kong Choy said that the two major ports handled 10.2
      Bernama  -  278 words
    • Article
      Lock icon 153 rescued as cruise ship runs aground in Alaska
      236 17 AP [ANCHORAGE, Alaska] A small cruise ship catering to eco-tourists was seriously damaged after running aground in the Aleutian Islands. The accident on Saturday night punctured the 102-metre Clipper Odyssey's forward fuel tank and forced 153 people to abandon the ship,
      AP  -  236 words
    • Article
      Lock icon Dutch yard files for claim over lost NZ job
      235 17 AFP [WELLINGTON] Dutch shipbuilder Schelde Marinebouw said it had filed a legal claim seeking to overturn the New Zealand government's decision to award Australian firm Tenix a contract to build seven new navy vessels. Schelde said it had lodged a claim
      AFP  -  235 words
    • Article
      Lock icon Global maritime meet here to review security
      390 17  -  By George Joseph [SINGAPORE] The shipping community will take stock of security at ports and aboard ships now that the most comprehensive security code since 9/11 has been put in place. Singapore will once again host the annual International Maritime and Port Security
      390 words
    • Article
      Lock icon Thai carrier Precious sees record earnings
      264 17 Its 2004 profit will top combined net income of past 13 years, says official Bloomberg [SINGAPORE] Precious Shipping pic, Thailand's second-biggest sea-freight company, said its 2004 profit may rise to a record, more than its combined net income since it started operations 13 years
      Bloomberg  -  264 words
    • Article
      Lock icon TRANSPORT STOCKS
      286 17 SGX '000 Aug2 SS W- Vol CH Offshore .0.38 unch 445 ChuariHup .0.53 unch 1159 Cosco Investment .0.85 -0.02 4827 CWT Distribution 0.48 unch 0 Ezra Hkigs .0.92 -0.02 71 Freight Links 0.10 unch 10 Grand Banks Yacht 0.78 -0.01 12 Jaya Holdings 0.86 -0.02 1202 Kt Venture
      286 words
    • SHIPPING news
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        Lock icon Task force brings down piracy in Horn of Africa
        943 18 Patrolling by US-led flotilla from the Red Sea up to the Gulf of Oman has also reduced arms smuggling Reuters [DJIBOUTI] PETER Meyer has never forgotten hearing the terrified screams over the radio from a tanker crew under attack by pirates
        Reuters; REUTERS  -  943 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      106 18 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 3 CMACGM 3 COSCO 3 China Shpg 4 Crocodile Line ....4 Delmas 4 Dongnama 3 Eukor 2 ECL 3 Foong Sun 4 Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 IRISL 5 Jesselton 5 Kyowa
      106 words
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      Lock icon SHIPPING GUIDE
      7300 21 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone Name. Number Number SIN Dest'n Name Nam* Number Number To BALTIMORE (BTM) 2035 U. S. TO ABIDJAN (ABJ) 2003 Cot# D'lvoiro 15/06 01/10 WWL TAMESIS AF416 65-*****033 11/08 18/09 CMA CGM ALVA STAR SX057W
      7,300 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        500 23 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL HANZHONGMEN 0410 J6 A/SIDE 03/08 0900 KALTIM EXP 2423E J14 A/SIDE 03/08 1200 KIM MEGA ARI VE126 J15 A/SIDE 03/08 0300 NICO 3 0208 J3 A/SIDE 03/08 0630 VAN PHONG 020E J17/18 A/SIDE 03/08 1000 WINSTAR 7 02H4W 12
        500 words
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        Lock icon CONTAINER SCHEDULES
        1739 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr A P MOELLER 0410 0410 1 03/08/2004-12:00 03/*****4-2140 <12 ACX MAGNOLIA 080$ 080S 1 03/*****4-1740 04/08/200*01:00 AO MIMOSA 002S 002S 1 03/08/*****3:00 03/*****4-12:30 B08 ACX RAFFLES 093N 093N 1 04/08/2004-14.00
        1,739 words
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        Lock icon GLOBAL HOLIDAYS
        141 23 Aug 9 Singapore: Nat Day. Aug 12 Thailand: Queen's Birthday. Aug IS France: Assump Day. Belgium: Assump Day. India: Indepen Day. S Korea: Libe Day. Aug 17 Indonesia: Independ Day. Aug 20 India: Parsi New Day. Ang3o UK: Summer Bank Hoi. Aug 31 Malaysia: Nat Day. Philippines: Nat
        141 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        807 23 THIS report, compiled by Cockett Marine 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 the Individual
        807 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        601 23 Carton 180 Max 975.5 0.2 15.2 0.03 15 0.02 Jul 29 Density Water Residue AshAlumlnlum Sediment No above E25 0 0 1 0 0 0 380 Ave 988.0 0.2 15.0 0.04 19 0.02 Exiea 380 Max 1013.5 0.7 17.9 0.07 55 0.06 K6/M'3 HV/V M/M H
        601 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Room for MAS to work with AirAsia
        397 24 M'sian minister sees alternative to MAS setting up own budget carrier AFP [KUALA LUMPUR] Malaysia's transport minister has called on Malaysia Airline (MAS) to cooperate with with no-frills rival Air Asia, instead of pursuing its own plan to set up a budget operation.
        AFP; FILE PHOTO  -  397 words
      • Article, Illustration
        Lock icon Rolls Royce H1 profit rises 18% on cost cuts
        458 24 Its order book stands at record £18.1b as aviation industry recovers Reuters [LONDON] British engine maker Rolls-Royce Pic turned in an 18 per cent rise in first-half profit on Thursday, within forecasts, helped by cost cuts and a lucrative after-sales business
        Reuters; AFP  -  458 words
      • Article
        Lock icon Japan Air fills 85% of its new premium seats
        231 24 Bloomberg [TOKYO] Japan Airlines Corp, Asia's largest carrier by sales, said it has filled 85 per cent of the new premium Class J seats since they became available in June. The Class J seats, each costing 1,000 yen (5515.40) more than
        Bloomberg  -  231 words
      • Article, Illustration
        Lock icon BAA's Q1 profit surges 28% on long-haul, low-cost travel
        326 24 Bloomberg [LONDON] BAA pic, the world's largest airport operator and owner of London Heathrow Airport, said first-quarter profit rose 28 per cent as demand for longhaul and low-cost flights gained. Net income in the three months through 'June 30 rose to
        Bloomberg; REUTERS  -  326 words
      • Article
        Lock icon Obscene T-shirt gets couple ejected from US plane
        197 24 AP [MIAMI] A couple returning home from a Costa Rican vacation was ejected from an American Airlines flight because the man was wearing a T-shirt depicting a bare breast. Oscar Arela and his girlfriend were removed from Flight 952 on Saturday after
        AP  -  197 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2161 24 CITY FLIGHT ETA FLIGHT ETD S025 0630 BA730S 2255 ig, —Hra? —LHTTB »55 LMMI 2255 Of 8? 2215 HZ4678 1555 0F5 2255 LH9770 2300 S***** 1555 LH779 2305 S0229 2300 LH9764 1620 H***** 2305 S0323 0615 iA»74 0130 gg M5 SS \u\ LJ4360 1755 LH9763 2350
        2,161 words
      • Article
        Lock icon Computer glitch grounds US Airways, American flights
        276 24 AP [DALLAS] A computer glitch grounded American Airlines and US Airways flights from coast to coast on Sunday morning, causing delays that lasted all day. A computer company official said human error was the likely cause. American had its planes flying again after
        AP  -  276 words
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      666 18 I Import I I NORTH AMERICA AUSTRALIA/NEW ZEALAND ISUPER3HUTTUE EXCESS (MX) |<UCTW|J)> VKSfI VOY LGB SIN PKG 1 P>Ma LOS ANGEUS EXPRESS 06W28 IS/07 04/08 OMIT 51? PtO NEDUOYD SOUTHAMPTON OWN 21/07 08/00 10/08 ANLEMBUMOBN 20/07 23/07 25/07 27 07 OMIT 03/08 OMIT 000 NINGOO 02W30 28/07 IS/0# 17/08 KAMAKURA
      666 words
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      523 18 Lines services represented by /fgß& Memben of t. -OT M bm <f J". I©| AccnadiMd Shipping -=> &W" H"*" c?,,. -y Singapore Shipping Association siOCI 1011 ULY UNI MALI f rtSSEI VOY HA ETA ETA A P. KIANG SPORE MALE Kota Teraju TRJOB7 07/08 17/08 Kota Teguh XTGI33 11/08 21/08
      523 words
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      942 19 MOL Combines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa 4 Oceania. Also irftnt hrtro-Aita Cotoms tc BUSAN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGDAO BEUWAN J JAKARTA SWABAYA KAOHSIUNG lAN6KOK LAUW CHAIANG TOCmiNW PASW GUDANO PBiANG PO*T KBAN6 For
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      Lock icon Page 19 Advertisements Column 2
      1054 19 GENERAL AGENTS IN SINGAPORE: 16 RAFFLES QUAY #36-01 SALES/BKGS TEL'642O 5857/43 FAX: *****321/24 COSTAR SHIPPING PTE LTD HOHGLEOHGbuilding outward<B/U MXSIM *****325/75 V/UOiMnanirrinuriLLiu J|Era[W9| ,NWARD<D/0) MZOSYK *****319/49 KG MO. *****1787G TEL: 6226 1900 (MAIN) T/SHIP DEP 6420 5825 6238 5376/46 JOHOR'S OFFICE: 01 NO: **********0* CONVENTIONAL *****850 *****206 COSTAR AGENCIES (M)
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      Lock icon Page 19 Advertisements Column 3
      718 19 VESSEL VOYITIHP^PKG fifll DFM TRADE 40SN 3/8 4/8 h/t NtW bYNAMIC 066 A 7/ft HBTTORD 007H 10/8 11/8 1V» --Z Sm \*/l 1 GOLDEN GATE 47<?N I 18/B I 19/8 I 21/» I I -1 NEW DYNAMIC M7A 19/8 21/8 *VSL colng both Nodti West port VESSEL VOY PKG SIN
      718 words
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      962 20 UjUlf WALLENIUS WILHELMSEN website: http://www.2wglobol.tom RAMP IK IMP HOW MIA SAV lAL ORF HYC NEW MQB TAPIOLA AMOS 400T*J 6.3 M I 06/0« 11/09 14/09 13/09 14/09 TAMESIS AF4I6 3201 mi 6.40 M I 15/08 09/09 l«/ 09 25/09 26/09 01/10 29/09 03/10 22/09 TAMPA AF4I7 4201*$ 6.4 M 30/08
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      793 20 WX WAN HAI LINES Tel: 6226 1588 Fax: *****163 I INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: 9LW' EUROPE ROTTERDAM HAMBURG ANTWERP I 1 CALLING SIN EVERY Saturday For more details, call HOTLINE: 6226 1588 1800-*****00 i t-fc; I I CHINASHIPPING CONTAINER LINES CO.. LTD. I UIAvBctWAIT A (WIDA SAT) lIUtA
      793 words
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      Lock icon Page 20 Advertisements Column 3
      769 20 BSA JL MYANMA SH FIVE STAR LINE (Myonmar National Una) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 326W SID HPA-AN 320W SLD SID IN MALAYSIA: 60USTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 JIH ACCEPTINB CONVENTIONAL CBO HKG SIN HKG SIN PGU PU KUC LION HEART
      769 words
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      559 21 VESSEL VOY SIN PKL KARACHI PXB BAB DMM BIK KHORRAMSHAHRI IRAN SATTARI PCI 8040 07/08 08/08 15/08 16/08 17/08 24/08 27/08 30/08 IRAN KORDESTAN PCL 8041 16/08 17/08 24/08 27/08 28/08 05/09 08/09 11/09 IRAN SHAHRYAR PCL 8042 22/08 23/08 30/08 02/09 03/09 10/09 13/09 16/09 IRAN SATTARI PCL 8043
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      10 21 KEEP ABREAST OF MARITIME LEGAL MATTERS IN ■UHIIIIIWIHUUIIIIIW EVERY FRIDAY
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      292 21 UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/B M N/U K/NAN STARLY RTM/ATW/B M N/U K/NAN ARIELLA RDM/ATW/BMN/U K/NAN Loads Singapore, E7W. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for C CHAMP DMT/YAR/BZA VTC STAR DBI/ABU/DOH/BRN/DMM/KWT RAVENNA DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore, E7W Malaysia, Indonesia USA SERVICE Loading for SAMOS DREAM CAM/NOL/NFK/SAV HANDY ROSELAND CAM/NOL/NFK/SAV
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      267 21 -BSHI *2! M m JQSSEL *01 Uh *L ■iHJMI 0012P 04/08 TN. HHTAH UH M/M 07/01 mum "66N 03/08 03/ M TACIAU AHZ M/ 08 M/M PAC BANOA 1267N 04/08 05/08 aiamiiyi-) SSfIA 07/08 11/ M JSL23OJ 0013f 05/08 06/08 PACMNTAN 9260 11/08 15/08 PAC lANDA HMD fii/M ot/M ■HMHTTFninnTVTTT'TV^HHH
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  • Page 23 Advertisements
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      21 23 fax *44#* o*erSt*p> S6ijkjki«s SeUAiCC*? (e.g. ship registration, ship classifications radio accounting services...) Watch out in tomorrow's Shipping Times, Front Page
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  • Page 23 Miscellaneous
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      Lock icon Page 23 Miscellaneous Column 1
      136 23 *£*+J^ r: 33l- _^—~""~~II L>T'" /^a^M£ > 'yf JmSEg* v 26\ luP>B& a p io 4 gi Hb.^Mj X! N. Nc ill 111 I l^tl >S». Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rain O
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