The Business Times, 7 March 2001

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Total Pages: 38
1 38 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA 028/12/2000 SINGAP ORE Internet: http://business-times.asial .com.sg/ WEDNESDAY, MARCH 7, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    56 1 STOCK MARKET INDICES Tuesday Change KLSECOMP dosed NIKKEI 226 12,687.74 +*668 HANG SENO +186.79 SET INDEX JMSi *4J JAKARTA COMP 43L52 *6J9 MANILA COMP —*****7 -6J7 taipei wpi m»n +oa SEOUL COMP Sflfttf +177 CCSA CHINA B _LMU«_+11LS1 AUST ALL ORD _****** -&10 tlBJOaa EST Ckaags DOW 18,661.15
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  • Article
    Lock icon FINANCE
    83 1 FOREX BATES us$ s» l'S$ (SS per USS) L794 £(US$/SJ per£) 1.479 1179 EURO(US$/S$/E)— CM 1JJ7 DM 1096 1.199 YEN 119.0 97 JO RM 1800 tl«7 HKS 7.899 4.447 BAHT 4*47 14.78 R1 PIAH 9*60 Ml* •SS to 100 units PRIME SATES SINGAPORE* 5.88 Kl ALA LUMPUR 7.67 JAKARTA
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  • Article
    Lock icon Temasek offers to redevelop Subic and Clark
    342 1  -  Maniin considering proposals to turn former military bases into region's trade gateways From, Al Labita in Manila SINGAPORE'S Temasek Holdings has offered to transform two sprawling former American military bases in the Philippines into one of Asia's mjgor logistics and transhipment hubs. The
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  • Article
    Lock icon Ladies-only Stock Challenge to celebrate Women's Day
    252 1 AsiaOneMarkets and UOB Card Centre have teamed up to commemorate International Women's Day with a special 'Ladys 1-Carat' Stock Challenge. The popular online stock investing game, hosted on wwwMtaon9martntt.com, will be open to women only, in keeping with the theme of the celebrations.
    252 words
  • Article
    Lock icon More listed companies cut dividends than raise them
    1441 1  -  Banks top payouts; Eltech surprises with 9-fold increase Byi Andrea Tan [SINGAPORE] Marginally more companies listed on the Singapore Exchange are cutting their dividends than raising them. Of the 74 listed firms which have posted results for the year ended Dec *****0,18,
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  • Article
    Lock icon BOJ signals it's finally ready to deal with deflation, bad debt
    749 1  -  Tokyo stocks np 3% on news; package to boost land, share prices expected this week From Anthony Rowley in Tokyo TOKYO share prices bounced back strongly yesterday amid growing signs that the Bank of Japan is finally prepared to
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      131 1 DfgllMß |op Stories 6s productivity up 2.2% in 4th quarter. Pg 13 Moody's cuts Indonesia's rating V outlook. NmxtPage 4? > Asia gets tittle say in setting of global accounting rules. 4 BT Comment H I Wr Yang Razali Kassim: Why the global silence over Sampit? Pg 10 EXECUTIVE MONEY
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      21 1 Hook Lock Slew: Dividend policy: the jury is still out, Pg 4 Hoping the BOJ can swing things around, Pg 8
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    • Article
      Lock icon Moody's cuts Indonesia's rating outlook
      569 2 Agency cites political turmoil for cutting rating to'stable' from 'positive' Bloomberg [JAKARTA] Moody's Investors Service has cut Indonesia's foreign currency debt rating outlook, citing political turmoil in the world's fourth most populous country. The ratings agency cut its outlook for Indonesia's 'B3' foreign currency country
      Bloomberg  -  569 words
    • Article, Illustration
      Lock icon Rejection of Rashid Hussain's corporate moves not political
      562 2  -  Daim's decision baaed on tycoon's revamp plan: source From Eddie Toh in Kuala Lumpur POLITICS had little to do with the Malaysian government's unexpected decision in stymieing tycoon Rashid Hussain's recent corporate manoeuvres. Instead, a well-placed source said Finance Minister Daim Zainuddin
      562 words
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      375 2 ARTHUR ANDERSEN W\V7 PP h rpTt GST has been implemented since 1 April 1994. Are you filing the GST return correctly? ,'f;v •Do you need a refresher on the GST rules? Do have new employees who will need the GST knowledge to help with complying with the GST rules? Arthur
      375 words
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      8 2 IndonMia expects IMF mission to arrive tomorrow, PglO
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  • SINGAPORE companies
    • Article
      Lock icon Asia gets little say in setting of global accounting rules
      655 3  -  London-based lASC Board is dominated by members from Western countries, none from S-E Asia By] Paul Thompson Paul Thompson also lectures accounting at the University of Nottingham in Malaysia, Kuala Lumpur SINGAPORE'S listed companies may soon find their financial reporting
      655 words
    • Article, Illustration
      Lock icon Leng Beng said to be still eyeing Le Meridien
      392 4 Millennium A Copthorne and Bass still in the running with a £3b joint bid KWEK Leng Beng*s Millennium Copthorne Hotels (M&C) and Bass pic are back in the running for Compass group's Forte hotels chain, which includes the Le Meridien hotels,
      392 words
    • Article
      Lock icon Dividend policy: the jury is still out
      738 4  -  lock siew r sivanithy THE economy is slowing down, earnings growth is falling short of expectations and stock prices are depressed. In the past, this may have been a recipe for Singapore companies to tighten their belts and cut dividend payments on the
      738 words
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      207 3 yu The Royal Bank >K of Scotland pic SINGAPORE BRANCH < nii -I -v Jissgr- I r THE KEY TO YOUR UK PROPERTY FINANCE Highly competitive Interest rate Fast and convenient service Flexible loan package Pre-purchase approval No pre-payment penalties For further information, please contact either Eileen Tan or Amy
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      326 4 I Master Franchise Opportunity ■■riifciU frowchh« b Singapore. Sim ***** or Mndi to iMfaflMdoAlMMUfl or ruuiu TO iywm ■nrnum 9 W&xZm****** $666- lonfto* f«5O MtAwt'*.. $B6& LM HC USA $6*o C«« USA ttto C* |7 TA4U IP U«J XOAIMmiIMwMO W(Ui Wlt S^jwrV^ wrsao pfswssp tw- J«urtrsao PftyHhtiW L» aoirSmocC^Coli-woSAJO* MO
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Senior GIC executive joins Buildfolio.com as CEO
      1215 5  -  E-commerce software firm to close USssm 2nd round of fonding soon Frorn Jennifer Lien in Silicon Valley LAST year's dotcom slump might have claimed its share of victims, but that isn't stopping Singaporean-founded Buildfolio.com from raising more cash and hiring a new chief
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    • Article
      Lock icon Self-employed still disadvantaged
      367 5  -  Goh Kok Yeow Singapore, via Internet I REFER to the Budget Statement 2001, which announced that the tax exemption limit for CPF contributions by self-em-ployed persons will be raised to 36 per cent of $72,000 so that self-employed persons basically receive the same tax benefits from the
      367 words
    • Article
      Lock icon Clarify Afta 40% rule
      218 5  -  Chua Tong Ka Malaysia, via Internet I REFER to your article "No backdoor entry to Afta via FTAs: MTI" by Eugene Low (BT, Feb 28). If only 40 per cent of the value-added of a product is made within Asean to qualify for the Afta preferential
      218 words
    • Article
      Lock icon Don't dance to the tune of the Fed
      146 5  -  Denis Distant Singapore via Internet I REFER to the Hock Lock Siew column "Wall St misreads Greenspan, now suffering for it" by Catherine Ong (BT, March 3). For a long time, I have been amazed how one man, Alan Greenspan, who is
      146 words
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      68 5 We welcome letters. E-mail us at btletter® sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
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      121 5 r &L<t& "•SEP i ''Vf vYf TM V V jKf «P- v ~J» Wk;. wi,' -w. S.. l&^S* JMb ~r :tN —JL—— s jK J* 1 Realize -M^m Transforming e-business. We're Enterasys Networks™— So you can take flight. A more a unique company focused on profitable e-commerce site. Faster providing
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  • e-NEWS
    • Article
      Lock icon Optus sale won't dampen competition: CEO
      408 6 He expects growth to moderate towards end of the year Reuters [SYDNEY] CABLE Wireless Optus Ltd said yesterday that competition in the Australian telecommunications sector would remain fierce, regardless of whether it was sold as a full service operator or its assets were sold
      Reuters  -  408 words
    • Article
      Lock icon Hutchison seen taking HK$5.4b Vodafone charge
      451 6 HONGKONG Bloomberg HUTCHISON Whampoa Ltd, Hongkong's biggest conglomerate, is expected to take a further HK55.36 billion (Ssl.2 billion) charge in full-year income to reflect the declining value of its stake in Vodafone Group pic, HSBC Securities said. Analyst Carl Wong cut his 2000 earnings
      Bloomberg  -  451 words
    • Article, Illustration
      Lock icon Japan Telecom delays launch of 3G service to Oct 2002
      454 6 TOKYO Delay dne to time needed to adapt better 3G standard, says firm Reuters, Bloomberg JAPAN Telecom Co Ltd, the country's third-big-gest telecoms carrier, said yesterday it would delay the ftill launch of its much-anticipated third generation, or 3G, high-speed
      Reuters,; Bloomberg; AFP  -  454 words
    • Article
      Lock icon Ssangyong, Carlyle deal imminent
      201 6 SEOUL Korean infotech specialist changing hands for USs2slm AFP SOUTH Korea's Ssangyong Cement Industrial Co, will sign a US$25l million (***** million) deal this week to sell its information subsidiary to the Carlyle Group, the major cement maker said yesterday. Under the agreement, it will transfer
      AFP  -  201 words
    • Article
      Lock icon US companies cutting tech budgets this year: survey
      142 6 SAN FRANCISCO Reuters CORPORATIONS are cutting technology budgets this year and may increase spending only 5-6 per cent rather than a previously expected 9 per cent, Merrill Lynch said on Monday in a new survey. Interest rate cuts have generally not improved
      Reuters  -  142 words
    • Article
      Lock icon Juniper, Redback end informal merger talks: director
      427 6 SUNNYVALE, California Bloomberg JUNIPER Networks Inc and Redback Networks Inc, two upstart makers of computer-networking gear challenging Cisco Systems Inc, recently ended informal merger talks, a Juniper director said. The talks broke ofF two weeks ago, said Richard Kramlich, a co-founder and general
      Bloomberg  -  427 words
    • Article
      Lock icon New.net introduces new addressing system
      571 7 WASHINGTON Solution described as 'a market-based solution for the crowded name space' Reuters A START-UP company has unveiled a new Internet addressing system that bypasses the current naming authority and gives Web site owners a wider range of suffixes to choose from than the current
      Reuters  -  571 words
    • Article
      Lock icon US chipmaker shares up despite profit warnings
      305 7 NEW YORK Reuters THE semiconductor sector, suffering from a supply glut and weaker demand for computers and electronics, began this week with three profit warnings and a report that showed sales of microchips weakened in January. Shares of most semiconductor makers nevertheless rose
      Reuters  -  305 words
    • Article
      Lock icon IBM sets up consulting wing for drug research
      258 7 ARMONK, New York ItH advise firms on using computers to discover new drags Bloomberg INTERNATIONAL Business Machines Corp has created a consulting practice to advise pharmaceutical and biotechnology companies on how to use advanced computers and software to discover new drugs. IBM
      Bloomberg  -  258 words
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      342 6 IMJSIUMER RELATIONSHIP MANAGEMENT 2Mi Rtarch 2WI HolMay In Park View f.nMi 2Mi Mkl IWMq P«t Vin Shf^n' S Jka S J^i CONDUCTED BY: PROF. ROBERT JOHNSTON, CONDUCE it PROF. TORE STRANDVIK, Warwick Business School, University of Warwick, Sweden Dint* ti Cmtm far bUoukip Heriuhg mi Sw in Fklmd COURSE CONTENTS
      342 words
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      248 7 .law .xxx .travel .shop .soc .med i Dotted .family notes .video .gmbh New.net's domains .club .tech .hola .mp3* .kids* "Controlled by outside companies .Sow» < Land plots now available at Paya Lebar /Park M f lEi^ /ft) h'/z't-k IKb ■—5,./., .v .v:y Umi |te?M J m I.' vv WfK^^Hk. k|
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon London ignores countryside woes at its peril
      890 8  -  rrn^ bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore/or 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT. THE battle for the forthcoming general election
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    • Article
      Lock icon IN OTHER WORDS
      104 8 They beat him senseless and it's too bad they didn't kill him. Someone wanted to tie him to a car but the police came.' -VktarXaitmii the 31-year-old Israeli owner of a fruit stand, after a Palestinian man was beaten unconscious in revenge for a suicide bomber who
      104 words
    • Article
      Lock icon Taking stock of Saddam
      693 8 EDITORIAL AFTER 10 years of UN sanctions on Iraq, the United States is groping for a fresh approach. US Secretary of State Colin Powell, the man who headed the US armed forces during its campaign against Iraq, toured the Middle East recently to muster support for
      693 words
    • Article, Illustration
      Lock icon Hoping the BOJ can swing things around
      1428 8  -  The difference now from past periods of recession in Japan is that the option of fiscal stimulus is exhausted, necessitating the monetisation of debt From. Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo THE Japanese economy is moving towards what appears
      AFP  -  1,428 words
    • Article
      Lock icon Extremists on the rampage
      747 8  -  COMMENTARY An impotent world watches as the Taleban destroys Bnddhist treasures By. Amin Saikal Ramesh Thakur THE world has watched the destruction of Afghanistan's Buddha statues with impotent horror. Among the outraged spectators is the Bharatiya Janata Party (BJP) government of India. The party's ideological extremists
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Asean currency swap plan hits M'sian snag
      691 9 TOKYO KL's misgivings about giving IMF the key role conld deal a body-blow to the Tokyo-led initiative Reuters AN ambitious plan for an Asian web of currency swaps designed to head off future financial crises is running into difficulties due to Malaysia's reluctance
      Reuters; AP  -  691 words
    • Article
      Lock icon Guthrie deal to be closed this week: Ibra
      365 9 JAKARTA Conversion of proceeds from the plantation sale will boost ailing rnpiah Reuters INDONESIA'S Bank Restructuring Agency (Ibra) said yesterday a delayed oil palm plantation deal with Malaysia's Kumpulan Guthrie Bhd would be closed this week as all legal hurdles had been
      Reuters  -  365 words
    • Article
      Lock icon M'sia expects to settle car dispute with Thailand
      228 9 KUALA LUMPUR AFX-Asia MALAYSIA said it expects to meet a June deadline in settling a dispute with Thailand over Kuala Lumpur's delay in opening up its auto market under a regional free trade plan. International Trade Minister Rafidah Aziz told reporters any
      AFX-Asia  -  228 words
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      554 9 -X J U| lIJ ft. l^-. v [?MMy|||ll l yfcal&rj fes HMMo Ultra Compact B Portable I UlMt 0U» Technology. Only 1.3 kgl IncredMy Bright Picture, VfbraaMa Functions I. i .J* I fl KuLi r M-WMS (BVQA) 800 ANBI Lunwm |H XO-PIOXE (XQA) 'd ,fIK M-MIQX (XQA) SOO ANSI Lumana
      554 words
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  • REGIONAL news
    • Article
      Lock icon Indonesia expects IMF mission to arrive tomorrow
      391 10 JAKARTA Visit seen as critical step towards releasing a USs4oom loan Reuters INDONESIA said yesterday that a team of IMF officials would arrive in Jakarta this week to review the country's economic reform agenda, signalling a possible breakthrough in a costly stalemate. The
      Reuters  -  391 words
    • Article
      Lock icon Ibra to see if Manulife will affect IMF loan: source
      231 10 JAKARTA AFXAsia COORDINATING Minister for the Economy Rizal Ramli has requested Indonesian Bank Restructuring Agency (Ibra) head Edwin Gerungan to study the Manulife case as it may have some implications on the next loan disbursement to Indonesia by the International
      AFX- Asia  -  231 words
    • Article, Illustration
      Lock icon Thaksin names new bomb probe panel
      523 10 He cites slow progress, contradictory findings by current investigators AP [BANGKOK] Prime Minister Thaksin Shinawatra yesterday appointed a new panel to probe the bombing of a jetliner he was due to fly at the weekend, citing slow progress and contradictory findings by the current
      AP  -  523 words
    • Article, Illustration
      Lock icon Why the global silence over Sampit?
      764 10  -  l-l I comment ASEAN Muted response of international community as disturbing as Indonesia's helplessness yang razali kassim WHEN the East Timor crisis reached its peak in late 1999, Asia-Pacific leaders broke their own rule about staying out of internal politics at their annual summits.
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    • Article
      Lock icon Govt files 3rd plunder case against Estrada
      174 10 AP, AFP [MANILA] The Justice Department filed a third plunder case against ousted leader Joseph Estrada yesterday after former officials alleged he profited from stock deals of two state pension agencies. Justice Secretary Hernando Perez said witnesses allege Estrada earned more than 189
      AP,; AFP  -  174 words
    • Article
      Lock icon HSBC to undergo major revamp: reports
      515 12  -  Group said to be closing a third of its 220 branches in HE and restructuring the rest From Audrey Tan in Hongkong MAJOR changes may be in the works for HSBC, as the banking giant is rumoured to be closing nearly one-third of its
      515 words
    • Article
      Lock icon Bank of China to complete its revamp in H2
      255 12 Reuters [HONGKONG] The Bank of China is expected to complete the merger of 10 of its 12 Hongkong banking subsidiaries into a single bank in the second half of this year, a newspaper said yesterday. The Hong Kong Economic Times quoted
      Reuters  -  255 words
    • Article, Illustration
      Lock icon Taiwan stock market up 20% this year amid bargain-hunting
      730 12  -  But analysts fear gains could be short-lived From. Macabe Keliher in Taipei SHRUGGING off a slowing world economy and weak US markets, Taiwan's bourse has powered ahead with a 20 per cent rise this year as investors scoop up oversold stocks
      FILE PHOTO  -  730 words
    • Article
      Lock icon China expects 259.8b yuan Budget deficit
      675 12 BEIJING Bloomberg CHINA said its 2001 Budget deficit will match last year's record as the government pours money into public construction projects and rural development to check a slowdown in economic growth. The central government's shortfall will probably be 259.8 billion yuan (5554.7 billion),
      Bloomberg  -  675 words
    • Article
      Lock icon Hing Kong retains listing as Vision takes control
      382 12  -  From Quak Hiang Whai in Hongkong SINGAPORE-LINKED Vision Century Limited has taken control of Hing Kong Holdings Ltd without the latter losing its listing status as the new controlling shareholder completed its offer with an estimated 70.77 per cent stake. In an
      382 words
    • Article
      Lock icon China may merge its 3 financial watchdogs: report
      223 12 BEIJING Having one agency will help improve effectiveness AFXAsia CHINA is considering merging its three financial regulatory bodies into one agency to improve their effectiveness and help stamp out market abuses, China Daily's Business Weekly magazine reported, quoting Wang Lianzhou, a senior
      AFX- Asia  -  223 words
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      884 10 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTE* OF Ail DAN PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Punuont to Section 290(2)(b)] At on Extraordinary General Meeting of the Company held at
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      24 10 A WEEKLY GUIDE TO PUBS AND LOUNGES, EVERY FRIDAY IN THE NEW PAPER FASTADS. O FOR ADVERTISEMENT BOOKINGS, CALL 740 6105. Jastads 1 o
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      121 11 i-'Familiar Faces. We are Garner International, a new force in Executive Recruitment in Asia. A new name perhaps, but we are staffed by a team of seasoned executives, many of whom will be familiar faces, having had extensive experience in Singapore and the region. In fact, our combined experience adds
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      144 12 1 cool comfort JO&L. SS ISO 9000 ISM 1 for commercial Hitachi piant 10 Anson Road #12-14 aTIO industrial International Plaza S pore *****3 Tel: 222 0665 Fax: 224 8358 hllilHinCTQ Emill hpcsgr«cyberwiy.com.sg UUliUXllgk). Website fct http://www.hitachiplant.hbi.ne.jp For Sale By Tender 17 Brizay Park Prime Freehold 2 storey Bunqlw with
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  • WORLD news
    • Article
      Lock icon US productivity rose 2.2% in Q4
      621 13 WASHINGTON Unit labour costs np 4.3%; new orders for manufacturers fall in Jan, Ist time in 3 months Reuters, Bloomberg THE productivity of US workers grew in the final quarter last year even as the economy lost steam, but unit labour costs shot up,
      Reuters,; Bloomberg  -  621 words
    • Article, Illustration
      Lock icon Merrill and Morgan: Buy US stocks
      717 13 NEW YORK They say Fed rate cats will lift the economy and corporate profits Bloomberg MERRILL Lynch Co and Morgan Stanley Dean Witter Co are betting the US stock market can't get much worse. The two biggest US securities firms by capital on Monday
      Bloomberg; REUTERS  -  717 words
    • Article
      Lock icon Pre-election sweeteners likely in UK Budget
      597 13  -  Tax cuts, incentives for businesses, parents expected From Neil Behrmann in London BRITAIN'S Labour government will today be strongly expected to unveil tax cuts and incentives for corporations, parents and pensioners ahead of an expected election on May 3. Following the economy's satisfactory real
      597 words
    • Article
      Lock icon US$16b bond issue seen from France Telecom
      344 13 LONDON AFP, Bloomberg FRANCE Telecom was set to launch yesterday a US$l6 billion (Ss2B billion) corporate bond issue, which would beat a record deal of US$l4.6 billion set by Deutsche Telekom AG last June, the Financial Times reported yesterday. The telecom company has
      AFP,; Bloomberg  -  344 words
    • Article, Illustration
      Lock icon High-seas protest
      77 13 [TASMAN SEA] The Pacific Pintail, carrying nuclear fuel from France to Japan, changed course to avoid a mid-ocean protest flotilla as she sailed through the Tasman Sea, off the coast of Australia yesterday. Thefirst anti-nuclear protest fleet to sail into the South Pacific since the French nuclear testing
      REUTERS  -  77 words
    • Article
      Lock icon Citigroup to cut costs by US$2b, says report
      225 13 LONDON AFP US banking giant Citigroup Inc is set to bear down on spending and investment in a bid to find up to US$2 bUlion (553.5 billion) in cost cuts, the Wall Street Journal reported yesterday. The extent of the savings would
      AFP  -  225 words
    • Article
      Lock icon Fletcher shareholders say yes to Shell, Apache bid
      380 13 ■AUCKLAND Bloomberg FLETCHER Challenge Ltd shareholders accepted a US$l.67 billion (552.9 billion) takeover of its energy unit by the Royal Dutch/Shell Group and Apache Corp. spuming a rival proposal for New Zealand's largest oil and gas company. Some 85 per cent of
      Bloomberg  -  380 words
    • Article, Illustration
      Lock icon Emergency heart surgery for VP Cheney
      506 14 WASHINGTON Doctors say he should be able to work unimpeded, but problem could recur AP US Vice-President Dick Cheney should be able to continue in his job unimpeded by his latest heart problems, doctors say, shrugging off any suggestion that he should curtail travel
      AP  -  506 words
    • Article
      Lock icon Cheney sold all stock, gave options to charity
      261 14 WASHINGTON Bloomberg DICK Cheney sold his remaining stock holdings in Halliburton Co before becoming US vice-president and donated to charity his stock options, valued at about US$l.3 million (552.3 million) at current prices, Mr Cheney's lawyer said on Monday. One beneficiary of
      Bloomberg  -  261 words
    • Article
      Lock icon Bush's tax plan: Bye bye bipartisanship?
      764 14  -  LETTER FROM WASHINGTON By\ Leon Hadar REMEMBER all the sweet talk about the need for bipartisanship that dominated Washington in the early days of the Bush Administration? The conventional wisdom in late January was that the Republican president, who got into the White House
      764 words
    • Article, Illustration
      Lock icon Bloomberg steps down as chairman amid NY mayor buzz
      453 14 NEW YORK Reuters US media mogul Michael Bloomberg, widely expected to run for mayor of New York, on Monday stepped down as chairman of the financial news and information company he founded. Peter Grauer, a managing director of Credit Suisse First
      Reuters  -  453 words
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  • REGIONAL stocks
    • Article, Illustration
      Lock icon BANGKOK
      738 14 AFP □SETlafei -a<3 THAI stocks shed 0.1 per cent yesterday as early gains in the banking, telecommunications and electronics sectors were offset by afternoon prof-it-taking, analysts said. The Stock Exchange of Thailand (SET) Composite Index lost 0.43 points to 299.81 and the SET 50 index was off 0.06 points
      AFP  -  738 words
    • Article
      Lock icon MANILA
      288 14 AFP Q Composite Index -5.07 PHILIPPINE share prices closed 0.3 per cent lower yesterday with the Composite Index down 5.07 points to 1,611.47. Volume dropped to 350.25 million shares worth 327.04 million pesos from 778.08 million shares worth 613.56 million pesos on Monday.— AFP •tart Nh (000) Abacus Construction
      AFP  -  288 words
    • Article, Illustration
      Lock icon JAKARTA
      706 14 AFP QCmposrt* Index +&3I INDONESIAN share prices closed 1.3 per cent higher yesterday on a technical rebound with sentiment supported by gains in a number of regional bourses, dealers said. The Jakarta Stock Exchange Composite Index closed up 5.39 points at 431.52. Traded volume was 339.3 million shares valued
      AFP  -  706 words
    • Article
      Lock icon WELLINGTON
      255 14 AFP Hhbe-w ♦aojo NEW Zealand shares rose one per cent yesterday with trade dominated by a meeting of Fletcher Challenge shareholders, dealers said. The NZSE-40 Capital Index closed up 20.90 points at 2,023.31. Turnover yesterday reached NZ5146.1 million. Mart B$ *h CBBB) Advantag• M05 117 -0.01 212 Air NZ
      AFP  -  255 words
    • Article
      Lock icon SYDNEY
      513 14 AFP nAflOrfaarieg -&10 AUSTRALIAN shares fell 0.2 per cent yesterday as strong buying of resource sector stocks failed to counteract renewed weakness in News Corp, brokers said. The banking sector also weakened yesterday. The All Ordinaries index fell 8.1 points to 3,280.3, while the SP/ASX 200 eased 9.5 points
      AFP  -  513 words
    • Article
      Lock icon SEOUL
      302 14 AFP Index ♦2.77 SOUTH Korean shares rose 0.5 per cent yesterday with the index up 2.77 at 568.15. Volume stood at 399 shares worth 1.6 trillion won.—AFP Umt «H Anam Sami *150 100 Bratoi Tach «0 5 Cantral Bank 170 0 ChaflComm *****0 500 DmC«I«* H«0 0 Oaaianq Corf
      AFP  -  302 words
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  • FINANCE & commodities
    • Article
      Lock icon Wall St helps futures to end higher
      217 15  -  MSG! Taiwan Index Joseph Lim Refco Singapore THE Taiwan stock market turned buoyant yesterday after the central bank cut interest rates for the second time in just over a month. The Taiwan MSCI Index gained 1.83 points or 0.72 per cent to finish
      217 words
    • Article
      Lock icon Indon rubber prices expected to fall
      358 15 Reuters [JAKARTA] Indonesia's rubber market is expected to be lethargic this week as buyers, who have covered their nearby stock needs, continue to push down prices despite the start of wintering in Sumatra, traders said yesterday. They said weak demand from buyers combined with
      Reuters  -  358 words
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      Lock icon CURRENCY REPORT
      207 15 Reuters London THE yen rose to the week's highs against the US dollar and the euro yesterday after supportive comments from Japanese officials gave dealers a reason to lock in some profits following the currency's recent sharp decline. The euro was the biggest loser on the day, undermined
      Reuters  -  207 words
    • Article
      Lock icon Palm-oil players upset as Dr M won't be at talks
      638 15 Indon-KL traders meeting tomorrow on how to lift prices from 10-year low Reuters [KUALA LUMPUR] The palm oil markets of Malaysia and Indonesia expect the absence of top government officials in this week's vegetable oils meeting to leave players in
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      Lock icon Thai coal producer in running for Salim group mines
      397 15 Bloomberg (JAKARTA] Banpu pel, a Thai coal and power producer, will learn from Indonesian authorities this week whether it has won the bidding for a group of coal mines seized from the Salim group. Banpu bid about US$3O million (5551.60 million)
      Bloomberg  -  397 words
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      Lock icon Untitled
      1706 15 8I00M PPTUMB Mar 5 RUMER (Mm daring as at SJOpa) RSS1 CONTRACT(S centsAo) CteM Vohna Open Hl-i. f |i fA ■onui mgii low iiomn/ wntrtsi Apr 01 102.50 800 May 01 104.50 800 Jw 01 106.00 800 Jel/Sep 01 107.50 750 RSS 3 CONTRACT OiScanU/kg) Vohma OpM Mm Hi HMi
      1,706 words
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      36 15 mttmttt 1® rlfikr f N M ROTHSCHILD sons J over 200 ytart of banking R IflißTp ti Tel: 65-535 9677/65-*****00 Fax: 65-535 8713 II n I.ijrr 0 Email: treasury^rothschild.com.sg Cill Rothschild Treasury Services today* Website: www.nmrothschild.com.sg
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  • STOCKS east asia
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      Lock icon HK shares rise as market sentiment improves
      2897 16 HONGKONG AFP PHwgSeog +185.79 HONGKONG share prices rose 1.3 per cent yesterday as market sentiment improved following gains on Wall Street, dealers said. The key Hang Seng Index rose 185.79 points to close at 14,321.05 on turnover of HK$B.62 billion. Herbert Lau, head
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      Lock icon CHINA
      1117 16 Reuters flShcezfaenß Index +18UH CHINA'S B shares surged for a fifth day yesterday as eager buyers pushed Shenzhen's index to a new high, but profit-taking in record volume in Shanghai suggested the peak of a monster rally was near. Shanghai turnover soared to levels never seen before in the
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      Lock icon TAIPEI
      370 16 AFP E|WP Index *2538 TAIWAN share prices closed 0.4 per cent higher yesterday on strong buying of semiconductor stocks following overnight gains on Wall Street, analysts said. The Taiwan Stock Exchange Weighted Price Index rose 25.32 points to 5,635.06, on turnover of NT$lOO.l2 billion. The semiconductor sector was the
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    • Article
      Lock icon Wall St, high-tech stocks lift Nikkei
      2066 16 TOKYO AFP QKU«22S *ma TOKYO share prices rose 3 per cent yesterday as investors snapped up high-tech shares following a comeback by their US counterparts, brokers said. The Tokyo Stock Exchange's Nikkei--225 average closed up 365.58 points at 12,687.74 for its second straight daily
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      677 17 Where to wine, dine and a .I, I AuV®f riM I 1 JL Win*, Dine Entertain I Times I L. I I Contact Anne Tan 740 6127 I I or Amy Choo 740 1559 now. I IRISH BUFFET Etyoy Irtt MHnovn piss, horty bnttv yiti brNd, ttw Cafcamon, ttw OuMn
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      41 17 OJISINE AT PINE COURT 22 February to 18 March 2001 Reservations 831 6262/66 m CHINESE TT* KBTM.RANJ I!! Hamklll Sutaafwrr _j Mss 113 Orchard Raid S.nßjpow 2 ***** M: 717 4411 F«: 7)2 2)61 PONTfNf 1 I! 1 i BL. I
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  • Page 17 Miscellaneous
    • Miscellaneous
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      878 17 I IIU UUOII IGOO I 111 IUO, VfUUI logua; I»'U' V» i i B.WW ■«11 rrrrsT^—^ 2.00 What Went Wrong?. IL30 Business Breakfast. 1130 Women's Special^. ~TTw 2J0 Days Of Our Lives. 730 The World To- 1200 MN The World ToH9.00 AM Kids Central: 3J5 Win, Lose Or Draw. day/Business
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    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 2
      337 17 CRYPTIC CROSSWORD ACROSS proved conditions (3, 4} 1 The dessert to ensure a lovely Bill's young children? (5) complexion (7, 3, 5) 7 Each German head displays 9 Massage by Fitzgerald leads to I® 31 w. complaint (7) 8 Silas shelters single seaman 10 Laundry aid for Welsh campa- (7)
      337 words
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  • MOTORING
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      Lock icon COEs: From frenzy to fluctuations
      1056 18  -  Y&^Jtrack The simple mechanics of a capitalist market will once again come into play with the open bidding system in the new quota year christopher tan WHERE has the time gone? This column is now into its sixth year. Initiated in 1995 as a monthly
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    • BUMPER to BUMPER
      • Article
        Lock icon BMW's office on wheels
        94 18 BMW offered a glimpse ofthe future recently with an L 7 stretched limo that's decked out to be a fully functional office on wheels. Its equipment includes a DVD player, fax, email and Internet access—all workable when the car is still or moving. A workstation in
        94 words
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        Lock icon Motorcade packages to Sepang
        71 18  -  Compiled by i Christopher Tan THE Automobile Association of Singapore has teamed up with BP to organise a motorcade to the Sepang Grand Prix. Two packages are on offer. A two-night, three-day coach package departs on March 16. Next, a four-night, five-day self-drive package starting March
        71 words
    • Article
      Lock icon Cycle & Carriage to sell Kia vans from middle of the year
      324 18  - Cycle Carriage to sell Kia vans from middle of the year By Christopher Tan LISTED motor firm Cycle Carriage will offer Kia commercial vehicles by the middle of this year. Since securing the rights to distribute the Korean brand early last year, Cycle Carriage has been selling only passenger Kias.
      324 words
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      Lock icon 1-series to be BMW's debut in small cars
      366 18 IT's official. BMW of Germany will call its small car project the 1-series. In a recent announcement, it also said the 6-series coupe will be revived, with plans for a convertible variant. The surprise revelations were made on the eve of the
      366 words
    • Article, Illustration
      Lock icon The OMV guide
      1178 18 Average open market value (OMV) of cars registered in January. Source: LTA NOOa/MME CC AYEOMV® ALMROMBOA1461.6T5 1598 ***** ALWR0MBOA***** 1570 ***** MMROMEOA*****SW 2.492 28,986 MM HOMED A1663i) 29E9 <5.124 *«1CHIMHnNDB7VWMPIGE 5936 20&349 «®IA316A0CP 1596 19,726 AUBA31.&AfiCR 1J96 2X966 AUOIA416MCR 1506 ***** *«/»ffi.4TFCR 2593 42X25 MJOTTC15TiaOM 1,781 *****
      Source: LTA  -  1,178 words
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  • New Asia Biz Woman
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      Lock icon The importance of being earners
      1079 19  -  Having an MBA from the University of Chicago's Graduate School of Business means having had an education with a long shelf life by Geoffrey Eu THE financial crisis that surfaced in 1997 and proceeded to ravage Asia in the following years succeeded in turning the
      ARTHUR LEE  -  1,079 words
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      Lock icon Amnesty: One-fifth of world's women assaulted
      284 19 PARIS AFP MILLIONS of women around the world are subjected to daily torture, rape and battery, most often by family members or employers, according to a report released yesterday by Amnesty International. "The perpetrators are agents of state and armed groups, but most often
      AFP; FILE PHOTO  -  284 words
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      330 19 Headquartered in London, HSBC Holdings pic is one of the largest banking and financial services organisations in the world, with a network of some 6,500 offices in 79 countries and territories. The 2000 Annual Review and/or the Annual Report and Accounts will be sent to shareholders on 26 March 2001
      330 words
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  • UNIT TRUSTS
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      Lock icon The power of 3
      677 20  -  SG Asset Management's new fund invests in the three biggies of healthcare, tech and finance, provides a capital guarantee and locks in profits along the way. SERENA NG reports SERENA NG SG Asset Management has come up with another protected investment product this time a CPF-ap-proved
      677 words
    • Article
      Lock icon UNIT TRUST SCOREBOARD
      421 20 UNTT TRUST/SECTOR (6 MONTHS: 31 AUG *00 -28 FEB *01) TOP 10 FUNDS CPF-APWOVH) BENCHMARK (96) CHN6 CHNG 1 UOBIMMGlobalHhNio* N 17.37 VtSCtWC 5.30 MMflhcare GiotMl Hfth&PerenlCOT 2 Henderson European Prop Satf Y 10.10 MSCKMC 4.81 Prep Shares tftoariE* Baal Estate 3 ABNAMROSterEuaropeBtV N 824 Sri European
      421 words
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  • MONEY matters
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      Lock icon US dollar to rise to 125, 130 yen?
      1037 21  -  Asian units suffer; S$ at 3-month low, but MAS warning of intervention should slow any fall -li comment CURRENCIES larry wee Domestic woes mounted for the yen last week, prompting talk that the Japanese currency could hit 125 yen perhaps even 130
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      Lock icon Donald Tsang's last Budget unlikely to have direct taxes
      861 21  -  Deficit looks inevitable bat no major excitement expected in today's Budget By\ Chris Leung 77i£ writer is an economist with DBS Economic-Market Research. The article is not an invitation to invest. BT and its contributors will not be held liable in
      Source: CEC  -  861 words
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      1206 21 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of StC MANAGEMENT SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS Al an Extraordinary General Meeting of the members of the abovenamed Company duly
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      402 21 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of ELECTROHOME ASIA PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS Alan fcxraorcfcnary General Meeting of tie members of the abovenamed Company duly convened and held at 009 Wefcngtori S*eet North, Kachener, Ontario, Canada N2G 4)6
      402 words
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  • PERSONAL INVESTMENT
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      Lock icon Now this will hurt quite a bit...
      844 22  -  KENNETH L FISHER, who knows a recession when he sees one, predicts some major anguish ahead in US markets KENNETH L FISHER Copyright 2001 Forbes Global Inc I'M outright bearish for the first time in a decade, as I said in my last
      Copyright 2001 Forbes Global Inc; AFP  -  844 words
    • Article
      Lock icon Send in the bears
      651 22  -  A contrary strategy by I MARC FABER Copyright 2001 Forbes Global Inc MOST strategists believe that once the Fed begins to bring interest rates down, stocks will rise, as in the past. Some market observers even say that we have now "the lowest-risk, highest-reward environment possible."
      Copyright 2001 Forbes Global Inc  -  651 words
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      Lock icon Insider activity slows with tweak markets
      1038 23  -  I markets Boybacks at Noble, SIA; Capital buys SGX, STEng, Datacraft By Robert Halili The writer is managing director at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore News Desk WEAKNESS in the US markets as well as disappointment
      Source: Primark ITA  -  1,038 words
    • Article
      Lock icon Tough times ahead for SembCorp Industries
      820 23 stock firm And while new issue TTL is cheap, interest will fade SembCorp Industries Though SCl's FY2OOO results have come in largely within expectation, confirmation that a long expected share placement is finally taking place, and a sizeable 11.5 per cent of current share
      820 words
    • Article
      Lock icon M'sian earnings below par, downside ahead
      827 23 Wb\ 11:1 money THE 4Q reporting season in Malaysia has just ended with another round of below-par earnings. On balance, 47 per cent of companies reported earnings shortfalls, with only 15 per cent posting positive earnings surprises. Consequently, the 2-year CAGR (compound average growth
      827 words
    • Article
      Lock icon ACU DEPOSIT RATES Offered by carious banks (as at Mar 5, 2001
      1138 23 D*po«tt amount 1-nrth J-mtti 6-mth DBS Bank A$ S10.000 A24.999 4 8400 4 7500 4 5100 A25.000 M9.999 4 8600 4 7700 4 5300 Dmk S10.000-Dm99.999 4 1500 ***** 4.0700 Dm100.000-Dm149.999 4 2000 4.1900 4 1200 Eur S10.000-Eur49.999
      1,138 words
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      296 22 The Dynamic Tri-Sector Fund I Mf>i Ins.:, ir I ;,n<is ur,! *i m-., f\ I i :i. <■~ s (ici nit h>>.\ i'iik h .tinl v\ l.t-n 'n it«\r»» 1:1 i; i- '>. s 11 .1 rinrcmnii < <•i:: r. >fit!'! Ihf! >\ n,< m h i < I 1;
      296 words
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  • EXECUTIVE money
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      Lock icon Small in size, big on returns
      1285 24  -  Asia Life may be a modest player in Singapore's insurance industry but its financial strength speaks volumes. It has yet to cut bonuses and CEO Ng Seng Leong tells GENEVIEVE CUA why it never will GENEVIEVE CUA Homegrown insurance player Asia Life is, by
      RICHARD CHNG  -  1,285 words
    • Article
      Lock icon Towards steady growth
      644 24 Ng Seng Leong on brokers, new products, and an innovative incentive scheme MOST large players in the insurance industry steer clear of insurance brokers, for fear of antagonising their thousands of tied agents. It's a starkly different game for the smaller players who need all the distribution
      644 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      275 25 Reuters THE Baltic Dry Index (BDI) was unchanged at 1,537, the Baltic Panamax Index (BPI) lost two points to 1,631, the Baltic Handymax Index (BHI) firmed 41 points to 9,074 and the Baltic Capesize Index (BCD was down flowpoints to 1,971. TIME-CHARTER: ♦Bulk Asia (built 2001) 169,770 dwt
      Reuters  -  275 words
    • Article
      Lock icon MARITIME STOCKS
      291 25 mrnrnm hi Mrs St HI CWT Distribution 048 -OOI 4 Chuan Hup 0J5 -OOI 244 Coaca Investment 0.(9 0.01 ISO Freight LMu 0.09 uncti 141 G0 twdXg* ____0.46 unch 0 IMC HoMnqt-HK UO unch 0 Jaya Holdings 0.15 -0.01 WO KappeiCorp 138 -0.06 287 Keppoi FELS 103 0.02
      291 words
    • Article, Illustration
      Lock icon NOL forecast to make profit of US$125m-US$145m
      760 25 Higher freight rates, cost savings will offset rising banker fuel prices: analysts AFX-Asia [SINGAPORE] Neptune Orient Lines is expected to report tomorrow a 2000 net profit before extraordinaries of between US$l25 million (*****.5 million) and US$l45 million, up from the previous year's US$94
      AFX-Asia; FILE PHOTO  -  760 words
    • Article
      Lock icon Substandard ships: Time for industry to be more transparent
      754 25  -  STRAIT TALE By Seafarer SHIPPING has always been a business where most of those involved play everything very close to their chests. The large part played by fam-ily-run companies in the industry is one factor. So are the elements of risk
      754 words
    • Article
      Lock icon Salvage of fishing vessel still 6 months away
      330 25 US SOBMUmB-JAFAMBSB SHIP AP [TOKYOJ The sunken Ehime Maru can be salvaged but it will take about six months to prepare for the operation, according to a report submitted to the Prime Minister's Office. Disclosing their plans to recover the Japanese fishing
      AP  -  330 words
    • Article
      Lock icon Santos port's Tecon terminal sets record
      222 25 [LONDON] Brazil's Tecon container terminal in the port of Santos passed the 300,000 TEU (20-ft equivalent units) throughput mark for the first time last year, according to annual figures. The terminal saw 304,752 TEUs in the year 2000, up 4 J per cent on
      222 words
    • SHIPPING news
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        Lock icon Bergesen profit shoots up more than 171%
        543 26  -  Year 2000 profits from tanker, gas fleets op; those from dry bnlk fleet down Reports from David Hughes in Ijyndon NORWEGIAN tanker, bulk and gas giant Bergesen saw its full year operating profit for 2000 soar 171 per cent to US$lBB.5 million (*****.99
        FILE PHOTO  -  543 words
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        Lock icon Anglo-Eastern sets up new training facility in India
        277 26 HONGKONG-based AngloEastern Ship Management (AESM) has opened a new training centre in Bombay, India, with new and updated equipment including a state-of-the-art full mission engine simulator and peripheral engine equipment, all interlinked and able to simulate a multitude of realistic engine room
        277 words
      • Article
        Lock icon E-procurement goes live
        85 26 INDEPENDENT marine procurement portal e4marine, established last year by Norway's Unitor and Spec Tec, now has its first major customer, Finnish ferry operator Silja Line. The system is claimed to be "the marine industry's first vesselbased e-commerce". Late last year Silja Line tested the e4marine system on
        85 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      286 26 PAGE Ahrtflkiri 12 Appensiwp 5 Asm OCL tl Assets S Austral 6 Ay wit 12 BtangMas 6 BSA 7 BTl 12 BatejiSHpg 5 Bangladesh 11 Batammdo tl ccw r CMACGM 3 COSCO 3 COCOS 5 CSAV 3 Central Ex 6 Chahaya 12 ChoYang 5 China Shpg S
      286 words
    • Article
      Lock icon SHIPPING GUIDE
      19856 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT WEDNESDAY, ETA ETA Advertiser Vnsd Voy<4* Telephone SIM DesTn Name Nan* Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire ft/03 21/04 COSCO YUAN HE 0001W 45-*****00 20/03 nn* moc no ned arka noia 45-*****04 20/03 24/04 Delmas OELMAS CHARCOT MW 65-*****44 22/03 27/04 Setramar VILLE
      19,856 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        543 37 Vessel Voy No Berth Arrival Departure JH|M Plow Arrow 21 JI7 04/03/t10 04/03/2140 Hw rnq 101 J04 04/03/7 JO 08/03/840 Ymtfo 2 JaH>< J05 06/03/8:30 04/03/2140 Srt MOT *****1 J03 06/03/8:35 04/03/2240 Mjrtopoto M 05/0U JO7 06/03/10:10 08/03/6 30 Voc Frontwr 502 J08 06/03/1200 07/03/640 Mto 2 303
        543 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1810 37 BgCPVMC Of EXPOiH Fa CONTAHICKS AND La CARGO BooMrq/Mmc* Rstts Ship Voy Mo Etb/Btr Ported FroM To Fraa ACI SWA* 44a I/12S0 IA 04/1500 00/89* 04/1*00 04/1500 04/89* U 04.-0C 07*49* 07#*M 2t 04/1700 07/045* O'WOC J 07/0700 07/18* 07/M00 4 07/1200 07/VI5* 07/1700 ktwa a vm w
        1,810 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        197 37 Mar 17 Ireland: St. Patrick Day. United Kingdom: St.Pa trick's Day Ma? 20 Japan: Vernal Wquinox Day. Mar 21 Mexico: Benito Juarez Day. Mar 20 Brunei- Hijrah. Indonesia: Awal Muharram. Malaysia: Awal Muharram. Mar Taiwan: Youth Day. Apr 1 Australia: Good Friday. Argentina: Good Friday. Apr 12 Argentina:
        197 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        791 37 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead at 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
        791 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        423 37 CaftM 180 Mu *15 0.4 6.9 0.06 42 0.03 FW 22 OmhNt Motor RhMm M AIhMw SWtowat No Bow £25 0 0 1 0 0 0 1 380 Aw 985.7 0J 0.0 0.06 27 0.01 rZZ 380 MB 989.7 0.7 MJ 0.09 52 0.03 W/Mi in
        423 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon FAA to skip bidding process for new air traffic control system
        683 38 US aviation agency picks Lockheed Martin; opening contract to others a waste of time, money NYT [WASHINGTON] The Federal Aviation Administration is preparing to skip competitive bidding and choose the Lockheed Martin Corp to design and build a replacement
        NYT; FILE PHOTO  -  683 words
      • Article
        Lock icon China sets sights on US$12b Beijing-Shanghai high-speed rail link
        309 38 AFX-Asia [BEIJING] China is committed to building a US$l2 billion (5520.88 billion) high-speed rail link between Beijing and the eastern port of Shanghai in the next five years, according an AFP report, citing the official Xinhua News Agency. Xinhua said the
        AFX-Asia  -  309 words
      • Article
        Lock icon Air France to raise capacity by 9.5% in summer
        219 38 Bloomberg [PARIS] Air France, Europe's third- biggest airline, said it would increase passenger capacity by 9.5 per cent this summer as it adds more flights from its Paris hub and benefits from the Sky Team global alliance. Long-haul capacity as expressed
        Bloomberg  -  219 words
      • Article, Illustration
        Lock icon Quake-damaged Seattle airport moves closer to full operations
        390 38 Reuters [SEATTLE] Seattle's main airport moved closer to full operations while its No 2 airstrip was declared safe enough for Boeing Co to begin shipping out 16 jets stranded by a powerful earthquake last Wednesday. By Monday, Boeing had flown out five
        Reuters; AP  -  390 words
      • Article
        Lock icon American to stop TWA flights to Tel Aviv if it acquires carrier
        526 38 Reuters [TEL AVIV] American Airlines said that if it wins the right to acquire the assets of Trans World Airlines, it will stop daily flights between New York and Tel Aviv for economic reasons. Local TWA workers cried
        Reuters  -  526 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1638 38 an ww n* maw n» MM AM230 1*00 LNUD noo mm wm MM HMO m UU DM S023 0M0 ***** 2340 CMN 105 umst b» mm turn mm mb m wo mm smm mm mm aw tm MM— MEMO 0» MMMt WW •Mrs** onor ics sow
        1,638 words
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      136 25 Bergman profit shoots ■P Pg2 FM to skip MMiof process for traffic control system Back Pg GLORY SHIP MANAGEMENT J I PTE LTD M Due to our recent fleet expansion programme, we invite I suitably qualified and experienced personnel for the following k new positions/ appointment:W Working experience in a
      136 words
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      1222 26 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I SSX-SUPER SHUTTLE EXPRESS-WRECT TO LONG BEACH 1| WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) wssa voy pTTSs. uwwoi muaj mowon okmo maim ■noon vca voy PtSSlaoumu smu»co cqrmto pycauba —wnm mi*an ooacMjranu sail o/n n/n n/M »/m a/M a/M
      1,222 words
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      Lock icon Page 26 Advertisements Column 2
      704 26 Li"®* services represented by Members of if* Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association g ULT UM MAU vnsa vot [75 Heta eu P.KUN6 SPOKE MAU Empress Lity VO3Ol 14/03 15/03 22/03 Princess Lily VO3Ol 30/03 31/03 08/04 Empress lily VO4Ol 15/04 16/04
      704 words
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      1270 27 TO EUROPE FROM EUROPE Ivcsa wrlanimHuiwMum a Ivtssa voy Iwm aim ham oov sou fit sm API (ORAL ONW 07/03 23/03 IS/03 21/03 21/03 An am 02SI IS/02 IS/02 17/02 OMIT 07/03 HTMMN 331W 00/03 31/03 20/03 20/03 20/03 API HUNd 030 i 10/02 IS/02 10/0213/02 00/03 HYIMAI UKm 301W
      1,270 words
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      Lock icon Page 27 Advertisements Column 2
      2140 27 nk ymw ivnrnMr "l -Or (T/T 11 MTS) I TAMTUUI IVBTT TICSMY I ff/T 14 >fIWI J GENERAL AGENTS IN SINGAPORE SO ROOINSON 80 #12-00 SAiiS WGS TIL *****57 43 EAI *****2171 QUIATSIA OFFICE PASHt GUDANG TIL 07 *****64 Hh 07-*****70 COSTAR SHIFTING PTE LTD singapori oura outWard (i/u *****02
      2,140 words
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      1312 28 C SENATOR LINES TOiUHOPI TOMPPIiIAST/ttAN/MPSIA vtssa vot an ibi n» an* ham mv fu msa Ivor I a I iu m FORIUNDSaOATO* MISW HJ] JIM MJI 24.03 *IM 02.M ON ALMFTANAMI 901JW 114] 17 0) 2003 24J3 2SJ3 It AM THIA 0002W 94 03 31.03 1144 2*03 MS) 0104 FOWANKT
      1,312 words
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      Lock icon Page 28 Advertisements Column 2
      841 28 Ajfcl MAC-NELS S PORE M'SIA Carrtor MN CONTRLMES, UK muwikman i IV/ J OWKftlMinwUM B®lh (091) ****** MAMA (932) MM4M PENANG: (04) *****39 BANGKOK: (992) *****67 SURABAYA: (31) *****11 P. KELANQ: (08) *****77 JKT: (71) *****46 KUCHWQ (092) <*****-3 PORT KELANC BANGKOK MV SEVEN SEAS AURORA" V.015S MV "XETHA BHUM"
      841 words
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      Lock icon Page 28 Advertisements Column 3
      542 28 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOB N SHEVA (CFS MUM. MUMBAI) COON COLOMBO ALSO ACCEPTING TO MX NORTHERN ANO WESTERN 1.C.0. POBfTS VrtMl S PORE N. SHEVA COCHIN COLOMBO PKLANG PU SIORT VIMW 11 MAR 21 MAR 23 MAR 21 MAR SI MAR TULSIOAS V.IM 11 MAR 27 MAR
      542 words
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      1612 29 |y*fg» VOY KHH HKO SX PX» »A» Pjjßj BMC MAN TEHRAN Pa-197 06/03 07/03 10/03 11/03 11/03 19/03 21/03 23/03 MAN TAAATA&AEI PCL-198 13/03 14/03 17/03 18/03 27/03 20/03 30/03 01/04 MAN KEKMAN PCL-199 20/03 21/03 24/03 25/03 01/04 02/04 04/04 06/04 MAN ISFAHAN PCL-200 27/03 21/03 31/03 01/04 04/04
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      417 29 OCEAN ISLAND RDM/ATW/BMNAJK I TAHARA RDM/ATW/BMNAJK I Loils angapore. EVW. Mi*»yn«. Indoneaa J I Loading for ARETE JDH/AQA/DMT BAN ANN M3VABU/DOH/BRN/DMM/KWT SAFEER JDH/AQA/DMT EVDOJQA HDO/JOH/AQA VI HELLAS D€^ABU/DOH/BRN/DMM/KWT SUN ACE D6VABLTOOH/BRN/DMM/KWT CORAL! D6I/ABU/DOH/BRN/DMM/KWT "Loads Sngapore, EVW Malaysia. Indonesia ILoadng tor 1 OCEAN GOLD I RQJAREK NAREE VCW/TOVLAX/MZL I •Loads E7W.
      417 words
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      1364 29 EUKOPt EXPKtSS savia EXPORT IMPORT wssa Ivor si ,iH m w, mi iHy ;iu wssa Ivor m ham hi ibi s: b H#ii fOtiNe ia oit* i i7N ici sm: KM: OJ/E K/M HZE hjoslo —m~iiTß-fiyTH^nvg PUNJAISa OltW 17/04 04/0 So*/05 07/1S 00/ OS Ot/OS IP/OS NJOWNNA >031 11/03 14/03
      1,364 words
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      419 30 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE |VB!»1 vor sin ml I u»| mii» I. asay" —a —if M m —m— 1 -m—m —H mi m —St I Use ampM| (nrjo 114IA SKZU fa toufcwi Mari»l«i. Wm Lmrnp ftopai Saruo (iw Of fawnfa la Mn I mflWflß fa farm fci—t
      419 words
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      933 30 vtssa IWT I a IB mt> I ioT" vissa vot Isw rm OttMIHUM IMW 10/03 14/03 13/03 HMIIHUM jffi IM3 1133 B™" -gHg-Hg—MS IANIIHUM TOON 11/03 1 7/03 W1 KZ LK I IUM SS itS —mS ivsr 'V" 'V* I'V" StSF Sr-SB —m mtmwMn S3* M/M 10/ M I;/03 —»OM*OAYft
      933 words
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      630 30 INDONESIA NATIONAL LINE TO AUSTRALIA 1 RJLL COMTMMEB gHVICE va wi_ m ai m m stb m m m m WlMir 155 11/03 13/03 lf/03 H/03 T7/03 36/03 MM "iff l»/W»/» J6/B 61/ M E/M tt/W him ~m u/nv/n n/t w/w li/oi ism POM) Mam m H/MC/M i3/w is/M I;/M
      630 words
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      382 31 BSfl a. M* MYANMA wBBk FIVE STAR UNE (MyawHar Natioaol Lw«) Loading for Yiijm vessel vor sin pkl pen pgu PAGAN MOW SID (AGO 11IW SU> MALAYSIA AGO(TS: MUSTIAO SNPPMG AGENCIES KUL TO. 03-2417)00 PKL TH 03-*****101 PEN: TU 04-2****** PGU: TH 07-*****71/4 tg| BANK LINE (A Mrvkt of JU*tw
      382 words
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      1231 31 HYUNDAI MERCHANT MARINE CO., LTD. IVKSB DOT lb! sai I [ffl IHB I HAB IMV [msa vor l sou |11 rim ani l ham Ibwl M 1 NTBAMM *331W 08/0) 24/03 (IT (O C 116 24/03 API Dim VUT2SE 14/02 17/02 11/02 13/02 07/0) meow. *020w 01/03 »/o) )i/o) 25/ra
      1,231 words
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      980 31 v&v WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA 'CAR RORO HEAVYUFT SERYKE' IVISSa VOY IAMP HEIGHT Si I LK' MAP MA I SAV I lAI Off I NTC I NEW I 1 TOWCOMG ANIO6 4001 mb 6jl 11/03 14/04 17/04 19/04 21/04 22/04 24/04 20/04 21/04 TATKXA AM 107 4001
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      75 34 Gfflc SINGAPORE PTE LTD 9 15 McCallum Street #0H) I<o2 Natwesl Centre Singapore 06W5 V J Fax |65| 2201)66 Email general #ecusin ecu line net WESTOCEAN LIME 3 SAILINGS PER WEEK TO Weekly Service SHANGHAI l/JV. approved IRAQ shipments Call: 220 3373 SeePgl2 SIN HUP SENG HUAT Looking For Cotton
      75 words
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      1082 35 SSAMUDERA SHIPPING LINE LTD 72 Anmn bai #04-01 to 03, ih|ipin *****1 MAW UNE/OUTWAIO: 532 Ml WWAM (WO): 437 *****MP01T STATUS (WOh 437 2371MVWTOCY (WOh 437 2420 WaMto htt F //www..«M*re.ce« CR NO. 1 MA*****00N BOOKINGS UNE: 535 6266 (Celia/Je»»icq/M«i Chon/Jcslynn/Dora/Yvonre/Honim) 7 SIGS/WEEKLY 3 SIGS/WIEKIY Ivcsa vot s« m» Ivissa
      1,082 words
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      549 35 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |wc|Mn|KT|sMi[iw|w>6|aM[»ai|mi|im|o«|My|i«w|iMi| nou~| HOWHPTII /QUO 02/02 10/01 13/01 IS/01 27/01 23/01 11/02 14/0? li/tl 10/03 20/03 25/03 20/03 03/04 01/04 MSH—Olk/QUO 10/0? 15/02 10/02 22/02 04/03 01/03 12/03 IS/03 10/04 U/»4 15/04 U/04 21/04 17/04 02/05 HOIGH PHI /0560 10/03 15/03 10/03 20/03
      549 words
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      59 35 mmmm CHINA 2 SAILINGS WEEKLY Accepting LCL/FCL to all destinations in China EttSM 11/3/01 15/3/01 Frankfort Express V. 1 9E06 15/03/01 19/3/01 Iwmb Express V.O6EM SA Shipping Agencies I 323 2190 Fax: 323 2191 1 Email: sashpg@singnet.com.sg 1 CONTAINER SERVICES TO: flywui Mumbai Calcutta J Jakarta Surabaya Semarang J Colombo
      59 words
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      594 35 IN6 LEE SHIPPING CO FTHJD| I \|C®A M) Slum (1* Uees) tax: SMM3I/SIIMM I T ohc immune I msa vor s«ftt ««rre msimatkm Urn sa* I? 07/01 04/03 IK/03 wane SMCrtiri 03/01 05/03 05/03 I tegkal/Ungln» Gondii 04/01 05/03 05/03 ttaK Uan Sm 77 04/01 05/03 05/03 s«gkoye Dm Dm
      594 words
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      611 36 SIN MAA SIN I TIGER METRO 877N 07-0803 13-16/03 20-21/03 I TIGER STAR 882N 10-11AJ3 16-1003 2i-2S/03 I TIGER STAR 878N 10-11/03 16-19/03 24-25/03 I TIGER RHYTHM 879N 13-14/03 19-22/03 26-27/03 I TIGER BRIDGE 880N 17-1&03 31-01/04 I TIGER METRO 881N 20-21,03 26-29/03 02-03<04 Ivesse^^^VO^^Sl^^^ca^^SlJ^l OSG AfIGOSY 472CN8 02-03,03 11
      611 words
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      947 36 FREIGHT LINKS EXPRKSS PTE LTD 51 Penjuru Rood, 3rd Levol, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesirtOsingnet.com.sg PORT LOUIS ■V. SU IXPRESS VJPOI46 JAKARTA ■V. SMAI SUNDA V.104 I ETA SM: 00/03/2001 ETA SM: 00/03/2001 GOTHENBURG ■v. Api cooai v.020w CALCUTTA av. sm hai v.ooo
      947 words
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      882 36 TO lUMN CHMA N. EUROPE SERVICE Vtssa VOT r 5H I HKG «GG HO SHA HANJIN BREMEN 553? I 10 MAD 14 MAR 18 MAR 20 MAfi 22 MAR TIUMHAIIJE MIE I 17 MAR ZEffij »MMIZ= KJ SXGAPORE 053E 24 MAR 28 MAR 01 AW 03 APR 05 APR HJ
      882 words
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  • Page 37 Miscellaneous
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      130 37 TV 4 \n LEGEND: Issued by Meteorological Service Singapc^e K Thunderstorm A Showers /C\ Rain emperature Wind direction and speed in knots Cloudy Day Weather U CXJ u a7v 7 Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds 1 s, hl,
      130 words
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