The Business Times, 18 April 2001

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1 50 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http://business-times.asial .com.sg/ SINGAPORE^/ WEDNESDAY, APRIL 18. 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    84 1 □sn L£6&73 (-27.14) BT-SBI 625u31 (-8.33) ST INDEX FUTURES 1,***** (-35.00) smsca nmnußS IMJO (4.20) STOCK MARKET INDICES Tuesday Change KLSE COMP 575.07 -6 JO NIKKEI 225 13,067.09 -187.80 HANG SENG 1*606.45 -383.02 SET INDEX 286.62 4.66 JAKARTA COMP 360.04 -3.17 MANILA COMP _1.435.68 -18.16 TAIPEI WPl 5,*****
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  • Article
    Lock icon FINANCE
    80 1 FOSEX RATES US$ SI US$ (S$ per US$) 1.808 £(US$/S$per£) 1.441 1605 EURO{US$/S$/E) 0.885 L599 DM 1211 1123 YEN 123.6 68.30 RM 3.800 1102 HK$ 7.800 4.314 BAHT 4557 2510 RUPIAH 10,860 6,00? *SS to 100 units PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK 950 MANILA
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  • Article
    Lock icon SGX plans Q3 launch of futures based on individual blue chips
    588 1  -  Analysts welcome new product, but warn of slow takeoff dne to poor liquidity By Ven Sreenivasan [SINGAPORE] The Singapore Exchange will launch futures contracts based on selected individual blue chips in the third quarter of this year. The SGX
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  • Article, Illustration
    Lock icon Paper wealth of Net play shareholders tumbles 80%
    997 1  -  iiexclusive Shareholdings once worth op to $1.4b is now a mere $269 m By Marissa Chew [SINGAPORE] The largest shareholders of eight of the more prominent Singapore Internet plays must be feeling like Icarus, as they saw their combined paper wealth soar
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  • Article
    Lock icon Optus deal: Australia may impose security conditions
    556 1  -  Safeguards sought for Optus' defence satellite operations By' Teh Hooi Ling [SINGAPORE] THE Australian government may impose security-related conditions on the sale of Cable Wireless Optus to Singapore Telecom, a spokesman for Australian Defence Minister Peter Reith said yesterday. The need for the
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      191 1 INSIDE BT Comment DBS-Dao Heng deal: Loud wake-up call for HK banks. Pg 4 Top Stories Exports of Singapore-made goods down in March. Pg 9 CPIB probing Tong Tien See Construction, founder's affairs. Pg 10 Prosecutors yesterday dropped five of eight criminal charges against Joseph Estrada. I*9 14 Hongkong.com plans
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      46 1 MOTORING How the ST! and luxury car sales move in tandem Page 18 indon tycoon I Oj* I i f b ii i Nk: i arrested Next Page Corporate results Charles Schwab: Q1 profit down 63% Page 22 > outlook Cisco warns of dismal profit Page 20
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon One bright spot
        134 2 ACCORDING to Prudential-Bache Securities' John Schofield, even at the worst of times, there is usually one bull market somewhere in the world. "We have been looking hard for this 'golden exception', and have suspected for some time that we may have it in China where it is
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      • Article
        Lock icon Lesson in semantics
        98 2 HAS the Hongkong government picked up the apology diplomacy of the Americans and Chinese after two weeks of spy plane crisis? Secretary for Commerce and Industry Chau Tak-hay had last week apologised to lawmakers and the public over a blunder in the newcopyright laws. Speaking in Cantonese,
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      • Article
        Lock icon How clever
        54 2 THERE'S a story going around that the head of credit marketing and processing in a local bank is apparently grading people publicly by how clever or not clever they are. "How clever", and "that's not very clever" have become catch-phrases bandied about in the office and even appear
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      • Article
        Lock icon Obstacle for OCBC
        51 2 LAST week, BT ran an online poll with the statement OCBC's divestment of non-core assets appears to be running into difficulties. This is how readers voted: Yes, buyers will be hard to come by under current market conditions: 69% No, buyers will emerge: 24% I don't know:
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    • Article, Illustration
      Lock icon Gajah Tunggal boss Sjamsul Nursalim held on graft charges
      547 2  -  He's accused of misappropriating 10.9t rnpiah in emergency loans from the govt From Shoeb Kagda in Jakarta SJAMSUL Nursalim, the founderowner of giant Indonesian conglomerate Gajah Tunggal Group, has become the latest prominent tycoon to be arrested by the government on
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    • Article
      Lock icon Tycoon may have to let go of Tuan Sing and S'pore properties
      662 2  -  Detention raises question on fntnre of his asset holdings in the Republic By] Ling Su Ann [SINGAPORE] Indonesian tycoon Sjamsul Nursalim, who has been detained by Indonesian state authorities in relation to the bailout of his Bank BDNI,
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      397 2 PROPERTIES The Straits Times Classified. Classifications 402 568. ft CATS. Buy It. SeO It. Find It. KPMGSeminarSeries Banking Laws Regulations Seminar 17 May 2001,9.00 am to 5.00pm, Orchard Hotel Singapore What Compliance with banking laws and regulations should be a priority for all bank CEOs. With recent changes to various
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      2 2 W •fit
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      126 3 The first name and last word in professional services. Arthur Andersen started our firm in 1913. He helped it grow with the idea that we would always act as one firm. With one vision. And one voice. Integrated. Around the world. Across disciplines. Consulting. Assurance. Tax. Legal. Corporate Finance. Now,
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Cisco's earnings alert dampens tech stocks
      531 4  -  S6X Electronics Index dives &2% to 2-year low; Venture ends below $10 By David Boey NEWS that US-based networking giant Cisco Systems will fire 8,500 people and miss out on already downgraded forecasts this quarter has taken the steam out of local electronics stocks
      Source: Bloomberg  -  531 words
    • Article
      Lock icon Loud wake-up call for HK banks
      804 4  -  lock siew loh hui yin HONGKONG'S banking industry received a loud wake-up call last week when DBS launched a Sslo billion bid for Dao Heng. It's not that the Hongkong banks are surprised by DBS' financial and management muscle; they know it has deep
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    • Article
      Lock icon S'pore, Australia in talks for greater regulatory cooperation
      421 4  -  Aim is to create friendlier cross-border bosiness environment, says MAS By Siow Li Sen, Steve Jaoobs in Sydney THE government is looking into greater regulatory cooperation between Singapore and Australia and has begun talks towards this goal. The Monetary Authority of Singapore
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    • Article, Illustration
      Lock icon SIA looks unable to provide much help to Ansett
      638 6  -  SIA says it's limited by 25% ownership cap of Air NZ, Ansett's parent By\ George Joseph, Serena Ng SINGAPORE Airlines, hemmed in by the restrictive policies of both Australia and New Zealand, appears unable to provide any major assistance to crisis-stricken
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    • Article
      Lock icon Mainland partner may take stake in HK's Easyknit
      307 6  -  Joint venture in electrolysis business planned From* Quak Hiang Whai in Hongkong CLOTHING exporter and retailer Eaayknit International Holdings Ltd saw Its share price surge yesterday as the Hongkong group confirmed that it was holding talks with a possible new mainland strategic
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    • Article
      Lock icon Boustead to buy 45% of EasyCall for A$8m
      352 6  -  General offer unlikely uEuyCall is Incorporated in Bermuda By Serena Ng DIVERSIFIED Bouitaid Singapore, which recently eold ita bakery buainMa, aald yea* terday it haa entered into a conditional agreement to buy a 46.2 per cent etake In EaayCall International for A17.9S
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    • Article
      Lock icon S Africa venture could add 20% to Courts EPS
      403 7  -  BD) says new firm will target emerging middle class there By Liew Hanqing ELECTRONICS and household products retailer Courts expects a new joint venture in South Africa to perform well, with revenue from the operation expected to boost its earnings per
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    • Article
      Lock icon Chew Eu Hock posts $1m net operating loss at half-time
      191 7 MAINBOARD-listed construction company Chew Eu Hock Holdings has announced a first-half net operating loss of $1.13 million, compared with a $116,000 interim profit previously. Turnover in the six months to Jan 31, 2001, fell 42 per cent to 40.97 million,
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    • Article
      Lock icon Mondays not such a bad day for brokers
      445 7  -  Study looks at Monday effect in Singapore using data from 1977 to 1996 By\ Rachel Ong STOCKBROKERS need not wake up to Monday blues if the findings of a study on the "Monday effect" in Singapore is anything to go by. This
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    • Article
      Lock icon Correction
      72 7 IN the ranking of companies for the Corporate Transparency Index published in BT on April 9, we incorrectly included Jaya Holdings with a score of 29 out of 100. Jaya's correct score is 39 but it is for its six-month results. As the ranking was meant to include only
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    • Article
      Lock icon Stats opens Test Development Centre in the UK
      169 7  -  Its third centre will cater to European customers' needs By Melissa Sim SEMICONDUCTOR firm ST Assembly Test Services (Stats) yesterday announced that it has opened a new Test Development Centre (TDC) in the United Kingdom as part of its strategy to expand
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      498 4 Cteoo warns of dismal profit, no quick rebound, Pg 20 0 The relentless pace and extent of change have led to the evolution of an increasingly complex business environment marked by much uncertainty and stress. Among die key risks and concerns which face the management of companies today are corporate
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      231 4 JUST STEAK IS JUST PERFECT Jf for Secretaries' Week 23 27 April From 23-27 April, wc pay tribute to secretaries at Starters: New England Clam Chowder....Mary land Just Steak Restaurant. For only $38+++ you can Crabcakes....Field Lettuces with Balsamic select your own lunch menu from a choice of Vinaigrette Entrees:
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  • TRADESPUR
    • Article, Illustration
      Lock icon Guangdong – China's Major Player Welcomes Investors
      504 5 Guangdong China's Major Player Welcomes Investors Located in the southernmost part of China's mainland, Guangdong province borders Hong Kong and Macau and faces Southeast Asia across the South China Sea. With a population of over 72 million, and covering a total land area of 178,000 sq. km, Guangdong is the
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    • Article, Illustration
      Lock icon Food Mission to Shandong
      830 5 Chinas third most populous province, Shandong's abundant agricultural resources has ranked it as the country's highest exporter of vegetables and fruits. Last year in October, the Singapore-Shandong Business Council (SSBC) and the AgriFood Veterinary Authority (AVA) joindy organised a Food Mission to Shandong in TDB and
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    • Article, Illustration
      Lock icon TDB Launches One-Stop Information Portal For Logistics Industry
      318 5 www.singaporelogistics.com TDB has launched its onestop information portal, singaporelogistics.com, to cater to the changing, wideranging needs of the logistics industry. As the lead agency responsible for developing and promoting the transport and logistics sector, TDB recognises the increasing importance of the Internet
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    • Article
      Lock icon Guide On Business Opportunities In Iraq Under UN Trade Sanctions
      476 5 The TDB Business Library (TDBL) has just released the revised edition of TDB s guide to Business Opportunities In Iraq Under UN Trade Sanctions. The guide, first published in 1999, looks at the opportunities for exporting to Iraq the wide
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      44 5 For more information, please call TDB Tele Trade Information includes Information on Import Export JC JC TDB Business Library Services J J TDB Trade Fairs Missions, Business Seminars and Courses 24-hour hotline Setting up a Representative Office in Singapore or Visit our website: www.stdb.com
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      1359 6 GOH G. K. GOH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at Phoenix Ballroom 11, Level 6, Hotel New Otani Singapore, 177 A River Valley Road, Singapore *****1 on
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      1026 6 GOH G. K. GOH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the TWELFTH ANNUAL GENERAL MEETING of the Company will be held at Phoenix Ballroom 11, Level 6, Hotel New Otani Singapore, 177 A River Valley Rood, Singapore *****1
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      20 6 Qantas' short-term outlook brightens on Ansett grounding, Shipping Times Pg 13 Airline developing blueprint for survival, Shipping Times Pg 13
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  • Page 7 Advertisements
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      467 7 I FOR SALE BY TENDER Freehold Industrial Complex In Prime Paya Lebar Area Prominent location with good frontages Lettable Area: approx. 235,390 sq ft 8-storey factory/warehouse/showroom with a basement car park More than 100 car lots and 12 loading/ unloading bays 3*2 Good floor loading and ceiling height accessibility: close
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      339 8 Stocks Votaw Omni Ind 10c 9,763,000 AddvalTech 2.5c 9,425,000 PacificCenturylOc 8,731,000 PCI 25c 7,804,000 Lankom US2c 7,355,000 Chart Semiconductor 26c 6,507,000 GES Intl Ltd 20c 5,541,000 SingTel 15c 5,301,000 Datacraft 10c 4,774,000 K)ne 5c 4,045,000 Stocks DBSGrp 39,882,100 VentureMfg25c 38,662,362 Datacraft 10c 31,754,766 OCBC 30,705,419 Chart Semiconductor 26c 26,123,023 Omni
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    • Article, Illustration
      Lock icon Tech stocks plunge after Cisco's profit warning
      564 8  -  I-l i comment STOCKS r. sivanithy YOU would have thought that after so many profit warnings by big US tech firms in the past six months, another such alert would have had only a minimal impact on stock prices and might even have
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    • Article, Illustration
      Lock icon Omni may see more downside
      212 8  -  HOT STOCK By Ven Sreenivasan TECH stocks suffered another beating on the Singapore Exchange yesterday. After a profit warning by Cisco Systems and a 2.1 per cent drop in Singapore's March non-oil domestic exports, shares of most contract manufacturers slumped. One of the worst-hit counters
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    • Article, Illustration
      Lock icon See Hup Seng wrt: odd pricing reflects super-bearishness
      189 8  -  WARRANT WATCH By R Sivanithy WHEN markets are as bearish as they are now, prices tend to overshoot on the downside. In the realm of warrants, this usually means conversion premiums will shrink significantly. But rarely do we see this shrinkage result
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2643 8 UNIT TRUSTS FUNDS Manager's prices (SS)yipr 18 Aberdeen AsMt Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.744 0.782 Global Technology Fdl** 0.620 0.652 UK Blue Chip Fd!** 0.774 0.814 American Opport Fd 0.816 0.858 Cont Euro EqtyFd!** 1.064 1.118 Japan Eqty Fdl** 1.202 1.263 Asian Fixed Income Fd 1.093
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  • SINGAPORE news
    • Article
      Lock icon Non-oil domestic exports down 2.1% in March
      531 9  -  Data in line with forecasts; Q1 exports grow 4.2%, against 14.5% in Ql2OOO By Chuang Peck Ming IT'S a sign of the times and, for once, the market got it right exports of Singaporemade goods fell last month, after growing in January and
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    • Article, Illustration
      Lock icon Eden Hall: popiah king is joint buyer
      331 9  -  By\ Kalpana Rashiwala POPIAH King Sam Goi Seng Hui is motor trader Peter Kwee's partner in the $50 mil-lion-plus purchase of the British High Commission's sprawling Eden Hall gardens site at prime Nassim Road. Mr Goi is executive chairman of Tee Yih Jia
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    • Article
      Lock icon Demand for labour set to fall this year, says Boon Yang
      728 9  -  Govt will take steps to help companies keep costs in line, and remain in S'pore By, Adeline Chuah MINISTER for Manpower Lee Boon Yang said yesterday that demand for labour is likely to fall this year because of the
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    • Article
      Lock icon CPIB probing Tong Tien See Construction, founder's affairs
      732 10  -  Patriarch admits being questioned by CPIB on retorn from Australia earlier this month By Conrad Raj THE Corrupt Practices Investigation Bureau (CPIB) is looking into the affairs of financially-troubled contractor Tong Tien See Construction Pte Ltd and its founder. The investigations were
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    • Article, Illustration
      Lock icon Colliers Jardine cuts 13 jobs in stagnant market
      381 10  -  PROPERTY FOCUS 10 staff were axed from the residential arm, sources say w Vince Chong PROPERTY consultancy Colliers Jardine is feeling the cold winds of the stagnant property market, axing 13 staff members yesterday in a bid to cut costs. The cuts,
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    • Article
      Lock icon Different responses seen for 2 condo sites
      388 10 MARKET watchers expect very different responses to two 99-year private condo sites the government has just released in Bukit Batok and Woodlands. The choicer plot, next to Bukit Batok MRT station and West Mall, is expected to attract bids ranging from $140 to
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    • Article
      Lock icon SSB cuts growth forecast to 4.2%
      373 10 I=H=l on the economy outlook SALOMON Smith Barney has cut its forecast of Singapore's economic growth this year to 4.2 per cent, from 5 per cent. But it believes the sharp production cutbacks seen so far will not persist too long. The early report
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      104 10 projecteyeball. i W|^C& 3P: ■g&. Jt JK iiii* w m %jj? |rfil i »^|^H you to !(|||]3 l|fl| Eugene Wee discovers there are even chances for large woes hang your Time to ease on down the road with public transport. Don't miss his report this morning's edition of Project Eyeball.
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  • MAIL bag
    • Article
      Lock icon Jolly good show, DBS and SingTel!
      305 11  -  Hui Choon Ho Singapore via Internet I APPLAUD the managements of DBS and Sing Tel for their significant acquisitions recently. It is not easy to be on the BUY side when everyone is on the SELL side. Who among the professional critics of Sing
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    • Article
      Lock icon Minority shareholder feels cheated
      379 11  -  Lim Swe Guan Singapore, via Internet I REFER to the letter "Raw deal for Ming Wah minorities" by Yung Yu-Ming (Mailbag, April 12). I share Mr Yung's sentiments. As another minority shareholder, I feel cheated, particularly when the independent financial adviser has recommended shareholders to reject
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    • Article
      Lock icon Govt should widen savings net
      193 11  -  Tay Hwee Boon Singapore, via Internet I APPLAUD the government's initiative to encourage Singaporeans to save more for their golden years through the Supplementary Retirement Scheme (SRS). However, as pointed out by OCBC Bank's chief of financial planning, this will be targetted generally at the
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    • Article, Illustration
      Lock icon SingTel share buy back will send signal of confidence
      553 11  -  Narayana Narayana Singapore via Internet I REFER to the letter "Arbitrageurs? No, they are speculators" by Chong Wee Lee and "Review Optus deal, Sing Tel" by Denis Distant (Mailbag, April 5). Mr Chong may perhaps have reasonable cause to be strongly
      FILE PHOTO  -  553 words
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      146 11 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 in
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      108 11 Legal Studio.com™ f— lum mi—n The AINn-One E-Business Package The Essential Non-Ecommeree Website Package The Starter Pack All legal documents In Microsoft Word Download your legal document package at www.legalstudio.com 1 Since 1975 our worldwide staff of over 275 multi-disciplined professionals f jts including lawyers, chartered accountants. chartered secretaries and
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Joe Estrada's come-uppance — and then some
      737 12  - Joe Estrada's come-uppance and then some mr.i I bottom line OPINION al labita The writer is BT's Manila correspondent OUSTED Philippine president Joseph Estrada's arrest shouldn't come as a surprise; it had to happen Although he has posted bail to escape jail, if s only for a while. Sooner than
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    • Article
      Lock icon IN OTHER WORDS
      109 12 'We live in peace and are secure enough without needing the American military here. We don't want to relive the mistakes of the past by becoming involved in another war.' M&satoshi Uehara a 41-year-old butcher in Okinawa, expressing reservations about the role of the US bases on
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    • Article
      Lock icon Grasping the regional nettle
      586 12 EDITORIAL NOBODY disagrees that Singapore's largest corporations need to move beyond its shores for their continued growth Yet when two companies in the vanguard of Singapore Inc clinched major regional buys recently, the biggest howls of disapproval came not from abroad but from their respective shareholders.
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    • Article, Illustration
      Lock icon The route that leads to a positive wealth effect
      1160 12  -  Taxes should be cut to reduce the drag of the huge US budget surplus and boost consumer purchasing power By\ Edward Yardeni The writer is the chief investment strategist at Deutsche Banc Alex Brown IN the mid *****, one of the
      AP  -  1,160 words
    • Article
      Lock icon Why it's so tough to say 'I'm sorry'
      596 12  -  COMMENTARY By Deborah Tannen The writer, a professor of linguistics at Georgetown University, is author of the book 7 Only Say This Because I Love You' (Random House, May 2001), which has a chapter on apologies LATWP IT struck many Americans as
      LATWP  -  596 words
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  • MALAYSIA news
    • Article
      Lock icon Mier cuts M'sian GDP forecast from 5% to 4%
      514 13 KUALA LUMPUR US slowdown could be worse than expected, falling exports may hnrt M'sian economy Bloomberg, Reuters A MALAYSIAN private economic think tank said it cut its gross domestic product growth forecast for 2001 to 4 per cent from 5 per
      Bloomberg,; Reuters  -  514 words
    • Article
      Lock icon ABN Amro cuts M'sia rating, GDP growth forecast
      336 13 Reuters [KUALA LUMPUR] ABN Amro Asian Research has downgraded Malaysia to underweight from neutral due to poor investor sentiment and concern over a possible devaluation of its currency. "Recent yen weakness has adversely affected regional currencies, prompting concerns over the degree of
      Reuters  -  336 words
    • Article, Illustration
      Lock icon MMC clears first hurdle for majority stake in Pelepas port
      363 13  -  Economic Planning Unit okays proposed acquisition from', Eddie Toh in Kuala Lumpur MALAYSIA Mining Corporation (MMC) has cleared the first hurdle In its bid to buy a majority stake in Port of Tanjung Pelepas, the closest rival to Singapore's PSA
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    • Article
      Lock icon Malaysia may set up second national shipping line: report
      302 13 Reuters, Bernama [KUALA LUMPUR] Malaysia may Bit up a second national shipping lint to help reduce freight charges between the peninsula and the states of Sahah and Sarawak on Borneo Island, the national Bernama news agency said yesterday. The agency quoted
      Reuters,; Bernama  -  302 words
    • MALAYSIABriefs
      • Article
        Lock icon Detained Anwar activists suffer setback
        95 13 Reuters, AFP [KUALA LUMPUR] Five opposition activists neia unaer Malaysia's hard-hitting security laws suffered an early setback yesterday in efforts to secure their release. Lawyers for the detained, among seven supporters of Jailed former Malaysian finance minister Anwar Ibrahim arrested by police last week, flailed
        Reuters,; AFP  -  95 words
      • Article
        Lock icon BAT profit op 20% to RM160.5m
        72 13 Bloomberg [KUALA LUMPUR] British American Tobacco Malaysia Bhd said profit rose by more than one fourth In the three months ended Jan 31, aided by higher margins after It raised cigarette prices last year. Profit rose by 26 per cent to 160.6 million ringgit
        Bloomberg  -  72 words
      • Article
        Lock icon Dr M denounces press freedom
        56 13 AFP (KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad denounced total freedom of the press, saying messages have been posted on the Internet calling for him to be killed. He was asked about his comments Monday that Malaysia may amend legal controls over the local media
        AFP  -  56 words
      • Article
        Lock icon Amsteel denies plan to buy Perwaja
        71 13 Reuters (KUALA LUMPUR] Amsteel Corp yesterday denied the company or any of Its subsidiaries were planning to acquire state owned steel firm, Perwaja Steel. Amsteel, a unit of the Lion Group, was responding to a Kuala Lumpur Stock Exchange query about a Reuters report
        Reuters  -  71 words
    • Article, Illustration
      Lock icon New Mahathir adviser won't erode Daim's clout
      407 13  -  Ali Abul Hassan will oversee Economic Planning Unit: officials From] Eddie Toh in Kuala Lumpur THE appointment of another key adviser to Malaysian Prime Minister Mahathir Mohamad will not erode the clout of his chief economic adviser, Daim Zainuddin, according to government officials.
      AP  -  407 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Govt zeroes in on Estrada's capital offences
      545 14  -  It drops 5 charges to focus on 3 plunder-related allegations Prorri. Al Labita in Man ila GOVERNMENT prosecutors yesterday dropped five of eight criminal charges they had slapped on ousted Philippine leader Joseph Estrada, to focus on non-bailable plun-der-related cases which carry a
      AFP  -  545 words
    • Article
      Lock icon Arroyo's birthday wish
      74 14 AP [MANILA] Philippines President Gloria Macapagal Arroyo made a terse birthday greeting yesterday to ousted predecessor Joseph Estrada. "I hope he will find peace in his heart," Ms Arroyo replied when asked during a nationally televised news conference what her message was for Estrada's 64th birthday tomorrow.
      AP  -  74 words
    • Article
      Lock icon Asia-Pac 2000 ad pie at US$30b
      325 14 HONGKONG Bat outlook for this year is less certain: ACNielsen AFP THE advertising market in the Asia-Pacific region broke the US$29 billion (Sss2 billion) mark amid strong growth in 2000, but several markets are showing signs of a slowdown this year, ACNielsen Media International
      AFP  -  325 words
    • Article
      Lock icon Indon privatisation plan hampered
      365 14 JAKARTA Officials fear govt may not reach its 6.5t rupiah privatisation goal Reuters INDONESIAN officials fear the government might not meet its 6.5 trillion rupiah (Ssl.l billion) privatisation target in 2001 amid weak markets. "I have talked to the IMF staff about the progress of the
      Reuters  -  365 words
    • Article, Illustration
      Lock icon Thai treasure trove mystery grows murkier
      272 14 BANGKOK Fraudsters may have hidden fake US bonds in cave Reuters A MYSTERY surrounding claims a vast haul of Japanese World War Two treasure had been found in a remote cave in Thailand grew murkier yesterday amid speculation that fraudsters might have hidden fake
      Reuters; REUTERS  -  272 words
    • Article
      Lock icon SET organises investor fair in bid to liven up stock market
      358 14  -  Over 100 listed firms book space for the Jane 8-12 fair From. Harish Mehta in Bangkok THAILAND'S troubled listed companies are taking part in an investor fair in a bid to drum up interest and boost their investor base,
      358 words
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      Lock icon APP may merge 4 Indon units: reports
      234 14 ■JAKARTA AFP SINGAPORE-based Asia Pulp and Paper Co Ltd (APP) is considering merging its four Indonesian units in an effort to accelerate the company's debt-restructuring, local media reported yesterday. "If the disadvantages (of merging) are too many, then we won't do it," Gunawan
      AFP  -  234 words
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      Lock icon Indonesian president faces second censure
      450 15 JAKARTA There are concerns Abdurrahman's supporters will resort to violence Bloomberg INDONESIA'S Parliament will likely deliver a second censure against President Abdurrahman Wahid this month, bringing him closer to possible impeachment, said Fery Mursidan Baldan, a lawmaker with the House's sec-ond-largest faction, the Golkar Party.
      Bloomberg  -  450 words
    • Article
      Lock icon Gus Dur loyalists defy police order
      295 15 JAKARTA Leader of suicide sqnad refuses to call off war training AFP A LEADER of a suicide squad formed to help fend off attempts to oust Indonesian President Abdurrahman Wahid yesterday refused to call off the group's war training despite a police order. Wiro
      AFP  -  295 words
    • Article, Illustration
      Lock icon Is Razaleigh poised for a comeback?
      730 15  -  l-l I comment ASEAN yang razali kassim AS expected, Malaysian Prime Minister Mahathir Mohamad on Monday appointed former central bank governor Ali Abul Hassan Sulaiman his economic adviser. Mr Ali is the second such aide Dr Mahathir has appointed within a year. Last May,
      730 words
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      Lock icon Hongkong.com plans makeover
      645 16  -  It wants to bay into traditional media such as newspapers, magazines and television From Audrey Tan in Hongkong "OLD Economy good, New Economy bad" appears to be the dictum of so many Hongkong companies these days, as yet another Internet portal operator Hongkong.com announced plans to "reinvent"
      645 words
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      Lock icon China's Q1 growth faster than expected at 8.1%
      472 16 BEIJING Domestic consumption, strong export growth cited Bloomberg CHINA'S economy expanded faster than expected in the first quarter, boosted by domestic consumption and strong export growth. Gross domestic product increased 8.1 per cent from a year earlier, the National Bureau of Statistics
      Bloomberg; AFP  -  472 words
    • Article
      Lock icon Sinopec profit quadruples to 19b yuan as sales rise
      395 16 BEIJING Its planned buy of oil producer is expected to boost earnings in coming year Bloomberg CHINA Petroleum Chemical Corp, Asia's biggest crude oil refiner, said net income quadrupled last year as higher sales of crude oil more than made up
      Bloomberg  -  395 words
    • Article
      Lock icon No quit notice: India regional bourse
      225 16 AHMEDABAD Reuters THE head of India's regional Ahmedabad Stock Exchange denied yesterday media reports that the country's stock market watchdog had asked the bourse's governing board to quit to pave the way for its corporatisation. The government plans to corporatise all regional stock exchanges
      Reuters  -  225 words
    • Article
      Lock icon China bank in talks to buy HKCB: report
      387 16 Reuters [HONGKONG] Agricultural Bank of China is in talks to buy Hongkong's HKCB Bank Holding Co Ltd from Lippo Ltd and China Resources, a Beijing-funded newspaper in Hongkong said yesterday. The Ta Rung Pao newspaper quoted market sources as saying Agricultural Bank
      Reuters  -  387 words
    • Article
      Lock icon HK's TVB expects deal with CCTV
      289 16 HONGKONG It will be a giant step into Chinese market, says broadcaster Bloomberg TELEVISION Broadcasts Ltd said it expects to strike a pact with China Central Television (CCTV), making it the first foreign media company to have channels distributed by the state-owned broadcaster. CCTV
      Bloomberg  -  289 words
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      358 14 Eu Yan Sang Cracked n9»j|SporeS Capsules Ancient Remedy Lingzhi or the Ganoderma Lucidium mushroom, an umbrella-like H mushroom fungi, was known to ancient Chinese emperors and nobles as The Wonder Herb" for its excellent health enhancing properties. ImwQh Today, Lingzhi is used as an aid to tkj 1 Hd metabolism
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      15 15 SPECIAL INTERESTS The Straits Times Classified. Classifications 52 86. Buy It Sdl It FM It
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      207 15 Singapore Kuala Lumpur Manila Hong Kong Brought to you by Microsoft Great Plains M M W FOR BUSINESS CRM solutions for today's hot growth companies. very so often an event comes along that is just too V a important to ignore. The Event for Business is your best chance to
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      92 16 (0 dD Lf [D(0)LP8QL(B /A\(Q KY 7 m\\ i'C3y (oI)11>I i 11 HI 11.11 I HC.ll .ills I > ill omplinu nt;ii H luck Hill (lot Rs |iru:l(if>:in(l Internet Neces*. \v:uhtl>lr fl «hv not \I)VA\I \(,I. S$ —Residential Seminar Package 1 hill f/ll'lntfi'S luo colicc l)ic;iks per <l;i\ < >ne
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      229 16 A fi j i s Executive Seminar-IsDaywmm ■5 Invited Guest Speaker Dr. Farok Contractor 55 ml Professor of International Business 3 5 Rutgers Graduate School of Management Date 27 April 2001 55 A Time 10.00am-6.00pm 5 Venue Vista 1 (Level 3) 55 Hilton Singapore 55 55 581 Orchard Road 55
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      18 16 n*T@jn I Lianhe Zaobao I I Peak-season I I cut-throat I I I I tourism I %J3wm I
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  • MOTORING
    • Article, Illustration
      Lock icon More big cars on the roads
      475 18  -  The rise in the popularity of big cars is due chiefly to the COE system, says Christopher tam CHRISTOPHER TAN IF it looks like cars are getting bigger and bigger in Singapore, it's simply because they are. According to Land Transport Authority figures, the
      FILE PHOTO  -  475 words
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      Lock icon Luxury car sales influenced by stock market
      328 18 LAST week, Cycle Carriage group managing director Philip Eng cited the weak stock market as one reason for the first-quarter drop in Mercedes-Benz sales. While that may have been a casual observation, historical evidence seems to lend some weight to the statement. For
      Source: Bloomberg  -  328 words
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      Lock icon Merc's the star in luxury segment
      220 18  -  There were 43,115 Mercs here at the end of last year All reports by Christopher Tan ONE in 10 cars in Singapore is a Mercedes-Benz, making the stellar marque the most popular luxury brand here. According to Land Transport Authority figures, there were 43,115
      FILE PHOTO  -  220 words
    • Article, Illustration
      Lock icon Govt 'not against' diesel cars
      706 17 It may relax registration roles for these cars in future, but not now, says LimSweeSay THE government is "not against" diesel cars and may one day relax their registration rules. But right now, it sees no compelling reason to do so. That was the message
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      Lock icon Volvo takes over distribution role here
      314 17  -  SM Motors now just a dealer. Volvo follows recent moves by BMW, DaimlerChrysler, Piaggio and Bridgestone, reports Christopher tax CHRISTOPHER TAN VOLVO Car Asia Pacific (VCAP) has taken over the import and distribution role of S M Motors the latest in a series of
      FILE PHOTO  -  314 words
    • Article, Illustration
      Lock icon SM Motors COO quits after takeover
      340 17 LISTED Wearnes International's bold acquisition of Volvo agent S M Motors has produced its first high-level "casualty". S M Motors' chief operating officer Peter Chuah left suddenly last week, after four-and-a-half years with the company. Mr Chuah said: "It is the prerogative of the
      FILE PHOTO  -  340 words
    • Article, Illustration
      Lock icon Audi A2 achieves feat in fuel economy
      319 17  -  Snbcompact laps up 100 km with less than 3 litres of diesel All reports by Christopher Tan AN AUDI A 2 has managed a feat only a few standard production cars can boast of: cover 100 km with less than three litres of
      319 words
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      Lock icon The OMV guide
      1121 17 Source: LTA Average open market vakje(OMV) of cars registered in February. MODEL/MAKE CC AVE OMV$) ALFA ROMEO A146 1 6TS 1.536 17,390 AJLFA ROMEO A156 2.0 1.970 25,870 ALFA ROMEO A156 252.*****,068 MJDIA31.SA3DR 1596 AUPIA31.6A5DFt 1596 21,813 AUOA416MOR 1596 25.743 5 MJO A418A4CR 1,781 30.033 j AUDI
      Source: LTA  -  1,121 words
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      44 18 "tfW© Super Model. TheAudiA6. Like alt Super Models the A 6 deserves the limelight. And with its stunning innovative design, breathtaking performance and totally smooth drive it deserves all the attention it gets. No surprise it won the Japanese International Design Prize. Premium Automobiles
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  • e-NEWS
    • Article
      Lock icon Intel cuts may trigger price war: report
      362 19 NEW YORK AMD expected to follow suit; weak market cited for price reductions Reuters A LARGE price cut by Intel Corp is raising concern of a price war that could squeeze profit margins of chip makers, the Wall Street Journal reported in its
      Reuters  -  362 words
    • Article
      Lock icon Intel unveils fast DSP chip for wireless devices
      229 19 TOKYO Reuters INTEL Corp yesterday demonstrated for the first time a fast digital signal processor (DSP) chip, designed jointly with Analog Devices Inc, that will play a key role in its strategy for wireless devices. "The MSA (micro signal architecture) silicon is
      Reuters  -  229 words
    • Article
      Lock icon Silicon Valley Top 150: sales jump 33%, but profits rise just 1.9%
      499 19  -  Total market value dives 52% to USs93o.6b in 2000 From< Jennifer Lien in Silicon Valley THE 2000 report card for Silicon Valley's top 150 companies is in and it shows that while sales grew at a healthy clip,
      499 words
    • Article
      Lock icon Vodafone makes UK's first live 3G voice call
      243 19 It wffl laeA eemmardel services in H2 0f2002 Reuters [LONDON] Vodafone Group said yesterday it has made the UK's first live voice call over a third generation (3G) mobile network, more than a year before its commercial launch of die service. The
      Reuters  -  243 words
    • Article
      Lock icon Canon eyes biotech, IT films in the US or Europe
      241 19 TOKYO Reuters JAPAN'S Canon Inc said yesterday it was looking to boost its earnings growth by acquiring biotechnology or information technology firms in the US or Europe. Canon president Fujio Mitarai said the printer and copier maker had executives poking
      Reuters  -  241 words
    • Article, Illustration
      Lock icon Cisco warns of dismal profit, no quick rebound
      780 20 EARNINGS OUTLOOK Company caught with big equipment surplus as sales plunge rapidly NYT, Reuters OFFERING fresh evidence that US economic growth is slowing sharply, Cisco Systems said on Monday that its sales and profits were falling far short of expectations. Cisco, whose
      NYT,; Reuters  -  780 words
    • Article
      Lock icon Ericsson to slash up to 30,000 jobs: report
      367 20 Worldwide layoffs likely to be unveiled when group reports Q1 earnings, expected to be modest AFP [STOCKHOLM] Sweden's beleaguered telecoms giant Ericsson could announce up to 30,000 additional layoffs worldwide when it presents its first quarter results at the end of the
      AFP  -  367 words
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      Lock icon Computer Associates: Q4 results will beat forecasts
      589 20 Q1 off to good start but analysts told not to raise estimates Reuters [NEW YORK] Enterprise software maker Computer Associates International Inc said on Monday fourth-quarter results would beat the consensus expectations, crediting a newly adopted business model that changes the way it
      Reuters  -  589 words
    • Article
      Lock icon US firms still keen on Net as purchasing tool
      256 20 CAMBRIDGE, Massachusetts AFP US companies remain enthusiastic about the Internet as a purchasing tool despite seeing limited cost savings, according to a study released here on Monday. The report, published by Forrester Research and the National Association of Purchasing Management, showed
      AFP  -  256 words
    • Article
      Lock icon Some US Federal websites track users despite ban: report
      477 20 DITERIVET PRIVACY Unauthorised software is used for this practice despite policy roles, the finding adds AP [WASHINGTON] Dozens of US Federal websites use unauthorised software that tracks Internet users despite policy rules that ban such information-gathering, according to a report to
      AP  -  477 words
    • EBriefs
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        Lock icon New chairman and CEO for Yahoo
        104 20 Bloomberg [SANTA CLARA, California] Yahoo! Inc, owner of the most-used Internet search site, said former Warner Bros executive Terry Semel will replace Tim Koogle as chairman and chief executive, effective May 1. Mr Koogle will take a transitional role as vice-chairman until August, the
        Bloomberg  -  104 words
      • Article
        Lock icon Nintendo to sell game software on Web
        75 20 Reuters [TOKYO] Nintendo Co Ltd, the world's second largest home video game maker, will start selling game software for its popular Game Boy Advance handheld game console via the Internet on Friday, aiming to lure older players who often shop online, a company
        Reuters  -  75 words
      • Article
        Lock icon Sega, J-Phone to make phone software
        96 20 Reuters, Bloomberg [TOKYO] J-Phone East Co, a Japanese cell phone carrier, said yesterday that the J-Phone group had agreed with Sega Corp to jointly develop software for use in Java-enabled cell phones. It can be used for games and other content on J-Phone's new
        Reuters,; Bloomberg  -  96 words
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      185 19 *ti~- v.' wmr wmmmmmm a I. •X''' -T- BNow why didn't you think of this sooner? i I Simple: most buildups come with offices but not ideas. The Strategy does just the opposite: it's designed for you to relax so big ideas can hit you wave after wave. Features with
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      181 21 f— From 1 April 2001, you can save substantially is a voluntary plan that helps you set aside Permanent Residents, foreigners are also eligible WEIL SHOW YOU THE WAY INVESTMENT planning for financial security -atio on y° ur taxes when you invest under the additional savings for your retirement. The
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  • WORLD news
    • Article
      Lock icon Charles Schwab Q1 gain down 63% on trading slump
      376 22 US CORPORATE RBSOLTS It posts operating income of USsl2om, net income of USs97m; revenues from brokerage commissions and trading fall by 51 per cent Reuters, Bloomberg [NEW YORK] Charles Schwab Corp, the No 1 US discount and online brokerage, yesterday said
      Reuters,; Bloomberg  -  376 words
    • MORE RESULTS
      • Article
        Lock icon Sprint's net income plunges
        84 22 Reuters long-distance telephone company Sprint Corp yesterday said its first-quar-ter net income fell 72 per cent amid lower calling prices, stiff competition and investments to build its data and wireless businesses. Sprint's net income dropped to US$3l5 million (***** million), or 36 cents a share, compared
        Reuters  -  84 words
      • Article
        Lock icon Kodak profits drop 48%
        70 22 Reuters [ROCHESTER, New York] Camera and film maker Eastman Kodak Co reports ed sharply lower firstquarter net profits, citing the economy's slowdown, and set a restructuring under which it will cut some 3,500 jobs in its total work force of 78,000. The company reported net income
        Reuters  -  70 words
      • Article
        Lock icon Enron beats Q1 profit targets
        81 22 Reuters [HOUSTON] Energy marketing and trading giant Enron Corp posted better-than-expected first-quar-ter earnings on increases in revenues, wholesale trading volumes and retail energy services contracts, and boosted its earnings target for the year. It reported first-quar-ter earnings per share of 47 cents per share, compared
        Reuters  -  81 words
      • Article
        Lock icon Wells Fargo profit up 12%
        65 22 Bloomberg [SAN FRANCISCO] Wells Fargo Co, the fourthlargest US bank, said firstquarter profit rose 12 per cent as gains on the sale of investments and branches bolstered revenue. Net income was US$l.l7 billion, or 67 cents a share, compared with US$l.O4 billion, or 61 cents,
        Bloomberg  -  65 words
      • Article
        Lock icon State St Corp lifts earnings
        74 22 Reuters [BOSTON] State Street Corp, a custodian of trillions of dollars in assets for the world's largest financial firms, said its first-quarter operating profits rose over 2 per cent as it grew revenues and cut costs. The Boston-based company earned US$l54 million, or 93 cents
        Reuters  -  74 words
      • Article
        Lock icon Profits fall at Bank One Corp
        72 22 Reuters [CHICAGO] Bank One Corp, the No 5 US bank holding company, posted a 1.5 per cent drop in firstquarter profits, after investment losses and money put aside to guard against bad loans. The Chicago-based bank, which has around US$27O billion in assets, earned
        Reuters  -  72 words
      • Article
        Lock icon J&J sees 14% profit rise
        55 22 Reuters [NEW YORK] Diversified health care products maker Johnson Johnson said its profits rose 14 per cent, driven by strong sales of prescription drugs and medical devices. It reported earnings of US$l.5O billion, or US$l.O6 per share, compared with US$l.3l billion, or 93 cents per
        Reuters  -  55 words
      • Article
        Lock icon Marriott beats estimates
        55 22 Reuters [NEW YORK] Hotel operator Marriott International Inc reported its first-quar-ter earnings rose 29 per cent, beating Wall Street's estimates. Marriott posted net earnings of US$l2l million, or 47 cents per diluted share for the quarter ended March 23, compared with US$94 million, or 37 cents per
        Reuters  -  55 words
      • Article
        Lock icon CME turns in Q1 profit
        70 22 Bloomberg [CHICAGO] Chicago Mercantile Exchange Inc (CME), which became a shareholder-owned company in November, earned a profit in the first quarter on record trading in inter-est-rate contracts and on higher fees it charged for trades. It had net income of US$2O million, or 69 cents
        Bloomberg  -  70 words
      • Article
        Lock icon Gloomy outlook at NYT
        102 22 AP [NEW YORK] The New York Times Co suffered a steep decline in first quarter earnings and on Monday lowered its profit outlook for the rest of the year, citing an advertising slowdown and higher newsprint costs. It reported earnings of 36 cents per share from
        AP  -  102 words
    • Article
      Lock icon Bleak start for US earnings reporting
      474 22 NEW YORK BOA, Citigroap, Continental show downbeat scorecards forlstqtr Reuters BANKS, a major airline and a technology bellwether gave a gloomy start to one of the most important earnings reporting weeks in recent memory on Monday. Bank of America Corp (BOA), Citigroup Inc and
      Reuters  -  474 words
    • Article
      Lock icon US March CPI sees smallest rise in 7 months
      500 22 WASHINGTON Bloomberg, Reuters, AFX US consumer prices rose in March at the slowest pace in seven months, restrained by declining costs for energy, new cars and airline fares, government figures showed. The consumer price index, the most closely watched gauge of
      Bloomberg,; Reuters,; AFX  -  500 words
    • Article, Illustration
      Lock icon Bush to decide when to resume China spy flights and if escorts needed
      646 22 WASHINGTON US, Chinese officials meeting today to review causes of mid-air collision NYT, AP THE White House said on Monday that President George W Bush would personally decide when to resume reconnaissance flights along the Chinese coast
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    • Article
      Lock icon US denies report of China deal on farm subsidies
      284 22 AFP [WASHINGTON] The US denied yesterday it has reached an agreement with China on agricultural subsidies, one of two key issues holding up the latter's accession to the WTO. John Foarde, the vicepresident of the US-China Business Council, had told AFP
      AFP  -  284 words
    • Article
      Lock icon Talks to sell stake in Ssangyong unit to Carlyle fail
      331 22 SEOUL Ssangyong says it's because Carlyle wants to boy assets of info unit, not a stake in it Reuters SOUTH Korea's Ssangyong Cement Industrial said talks to sell a stake in a subsidiary to US private equity fund Carlyle Group
      Reuters  -  331 words
    • Article
      Lock icon Philips sees Q2 loss; will cut up to 7,000 jobs
      507 23 AMSTERDAM Its Q1 net income of 106 m euros falls below expectations Reuters PREDICTING a net loss in the second quarter, Dutch Philips Electronics NV yesterday said it would cut up to 7,000 jobs or about 3 per cent of
      Reuters  -  507 words
    • Article, Illustration
      Lock icon Higher leather prices may hurt Nike's margin
      280 23 Bloomberg [BEAVERTON, Oregon] Nike Inc, the biggest maker of athletic shoes, said its gross margin in fiscal 2002 might be hurt if leather prices continued to increase. Leather is a significant raw material for Nike's shoe business, the company said in a 10-Q
      Bloomberg; FILE PHOTO  -  280 words
    • Article
      Lock icon Morgan's Mary Meeker defends tech investments
      407 23 NEW YORK Tech firms listed since'Bo created over USs2t off value FT MARY Meeker, Morgan Stanley's Internet analyst, answered critics of the investment bank's role in the Internet boom by strongly defending the long-term benefits of investing in technology companies. Ms Meeker calculates in
      FT  -  407 words
    • Article
      Lock icon Chip rally premature, says Morgan's Edelstone
      245 23 Bloomberg [NEW YORK] Morgan Stanley Dean Witter Co's Marie Edelstone has a message for investors thinking of buying semiconductor stocks such as Intel Corp: Don't Chip shares slumped after Mr Edelstone, the top-ranked semiconductor analyst on Wall Street, said last week's 23 per cent
      Bloomberg  -  245 words
    • Article
      Lock icon BOJ governor adds gloom to falling markets
      589 24  -  Hayami declines to predict time needed to pull Japan out of deflation From, Anthony Rowley in Tokyo BANK of Japan governor Masaru Hayaml cast further gloom over Tokyo financial markets yesterday when he declined to predict how long it might take for the
      589 words
    • Article
      Lock icon Baby-linked stocks get lift from Masako pregnancy
      213 24 TOKYO Bloomberg THE disclosure yesterday that Japan's Crown Princess Masako may be pregnant set off a frenzy of trading in companies that make baby goods. Many investors bet the news would inspire thousands of Japanese women to have babies. The imperial announcement brought
      Bloomberg  -  213 words
    • Article, Illustration
      Lock icon Indian to head IMF policy review office
      425 24 WASHINGTON Ahln walla has called for larger ballonti for poor countries Bloomberg MONTEK Singh Ahluwalia from India, who has called for larger International Monetary Fund bailouts to countries that can't pay their bills, will become the first head of an IMF evaluation office,
      Bloomberg; FILE PHOTO  -  425 words
    • Article
      Lock icon Costs force UK retailers out of high streets
      461 24 LONDON Reuters RETAILERS on Britain's high streets are facing an increasingly difficult fight for survival as escalating rents and tough trading conditions force many to pack up and leave, a report said yesterday. Consultants Verdict Research said costs were the key driver
      Reuters  -  461 words
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      275 23 The First Hotel To Offer Free Calls To The USA .^mkr-: l 9 >'-'A £r v-&22r T.. I •v»yv^r-!»r^'».- B M I J r H w X H m C fa f .^fl The Pan Pacific Singapore was the first hotel to offer broadband Internet access in all guestrooms and
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      1997 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I THE COMPANIES ACT, CAP 50 MACROTRANS RESOURCES PTE LTD (In Vol. Liquidation) Notico ii bsroby given that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 21" day of
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      22 24 ■Very fulfilling." M sIKH 1 I Open her heart with flowers from The Straits Times Classified. Buy k. Scl It. Find k.
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  • FINANCE & commodities
    • Article
      Lock icon Futures see a steady decline
      266 25  -  SGI Derivatives Trading Report ST Indax/MSGI S'pore Index Wong Ann Chuen Refco (Singapore) Pte Ltd THE Singapore stock market slumped to a two-year low amid dampened non-oil exports figures and Cisco's profit warning. The STI fell 27.14 points or 1.7 per cent to close at
      266 words
    • Article
      Lock icon Futures give up much of early gains
      227 25  -  MS& Taiwan Index Refco Singapore THE Taiwan stock market was little changed as trading volume fell to this year's lowest level. The MSCI Taiwan Stock Index added 0.07 points, or 0.03 per cent to finish at 242.10 points. Turnover for Taiwan stock index
      227 words
    • Article
      Lock icon CURRENCY REPORT
      223 25 Reuters Irftndim THE euro fell over one per cent against the US dollar and the yen yesterday after profit warnings on either side of the Atlantic reignited concern over the euro-zone's growth outlook. Dealers said the warnings, and news of job cuts, at Dutch Philips Electronics and US
      Reuters  -  223 words
    • Article, Illustration
      Lock icon Untitled
      1156 25 MTBKBAMK CEOSS RATES hi Uro Ftr Pi HB fcHtefcHi Ym Won iH N2$Pafci» Hso S$ Rmd Sfr NT$ Balit Pond US$ 0.795 4-231 0576 1782 1128 1977 ***** ***** 0.630 6.738 1937 1246 ***** 25.635 0.922 4.123 0.877 16.789 23.231 0.354 0.510 Canada 1258 1323 0.725 4.757 1.418 5.003 30.075
      1,156 words
    • Article
      Lock icon Untitled
      1779 25 SICOM FUTURES Apri RU88ER (futures dosing as at 5J0pn) RSS1 CONTRACT (S cents/**) dm VMM OpM Moitt HH> L- Srtt dww) Maftt May 01 103.75 103.75 105.00 100 Jw 01 106.00 800 Jul 01 106.50 250 Aug 01 107.00 250 RSS 3 CONTRACT (USotrtAi) VoMM OpM Montk mm Low Sett
      1,779 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK sentiment hit by Nasdaq fall, Cisco profit warning
      2789 26 HONGKONG AFP QHangSeng -***** HONGKONG share prices slipped 2.9 per cent in postholiday trade yesterday after last week's sharp gains and overnight falls on the US high-tech Nasdaq Index, dealers said. Dealers said sentiment was further weakened by Cisco's profit warning
      AFP  -  2,789 words
    • Article
      Lock icon Tokyo falls 1.4%, led by high-tech shares
      2094 26 TOKYO AFP □WktaiaaS -187.80 SHARE prices in Tokyo declined 1.4 per cent yesterday as Investors dumped high-tech shares after the Nasdaq fell the previous day, brokers said. The Tokyo Stock Exchange's Nikkei Average fell 187.80 points to close at 13,067.09. The Topix of
      AFP  -  2,094 words
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      Lock icon CHINA
      1070 26 AFP Shenzhen B Index *4.48 CHINA'S Shenzhen's B Share Index rose a second day yesterday, gaining 4.48 points, or 1.2 per cent, to 363.3. Shanghai B shares rose 2.4 per cent to a record high for the eighth consecutive day in volatile trade, dealers said. The Shanghai Stock Exchange's
      AFP; Source: Credit Lyonnals Secur (Asia) Ltd  -  1,070 words
    • Article
      Lock icon TAIPEI
      378 26 AFP OWP Index -033 MAPI TAIWAN share prices closed virtually unchanged yesterday amid a lack of fresh leads, dealers said. The Taiwan Stock Exchange Weighted Price Index eased 0.33 point to 5,431.97 following a 1.1-per cent decline in the previous session. Yesterday's turnover stood at NTS4I.II billion, the lowest
      AFP  -  378 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL shares ease 1.1% on profit-taking
      431 27 AFP Q Composite Index -&30 MALAYSIAN shares closed 1.1 per cent lower yesterday foUowing profit-taking in key heavyweights and amid fresh concern about the economic outlook, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 6.3 points at 575.07. The Second Board
      AFP  -  431 words
    • Article
      Lock icon Untitled
      8175 27 INDUSTRIALS Cmsmmt protects 2001 Lid V*l Day M«t Cap High Low Company Salt 'OOP Hlgti Law P/C 340 290 Ajinomoto 290 unch 1 290 290 8.7 117-5 45 24.5 Angkasa 27 -1 2 27.5 '27 39.8 342 282 Apollo Food Htq 288 "fl icx 277 iu* riu 298 n.» wo.#
      8,175 words
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      53 27 j X II 11U U in I I Li»«* Unrftrd I INVESTMENT POKiFOLRJ j I Mtjeoxm sim I IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2704 28 r mmmmm BONDS A WARRANTS Apr 17 n Mi fnm! tifbr 52-Week LMl M h| Lestfleete kt% tmad Cm* Inr Mk 1MB I— I— fiii|ii| «r- fWW 1— turn Utm M» OKMh Mm <%> fcum im 40 0.5 Acma W*****4 0.5 0.5 1 41.0 1 300 607 85.00 3 22
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      Lock icon SEOUL
      315 28 AFP yiOampoatelndei -HUB KOREAN stocks rose 1.1 per cent. The index closed up 5.62 points at 513.97. Volume was 319.53 million shares at 1.27 trillion won. —AFP Apr IT WM *h A nam Semi 4020 .-5 Brain Tech 665 -75 Central "n u nch Cheil Comm .***** 1000 Dm
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      Lock icon MANILA
      286 28 AFP Composite Index -18J6 PHILIPPINE shares fell 1.3 per cent yesterday as investors dumped blue chips amid gloomy economic prospects. The Philippine Stock Exchange Composite Index closed 18.16 points lower to 1,435.68. Turnover rose slightly to 307 million shares worth 266 million pesos. —AFP Apr IT Pwo COOP) Abacus
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      Lock icon WELLINGTON
      264 28 AFP □MEMO -3L87 NEW Zealand stocks fell 0.2 per cent yesterday with Air New Zealand resident-only Ashares shedding 4.95 per cent and B-shares diving 8.97 per cent. The NZSE-40 closed 3.87 points lower at 2,042.51. Turnover was thin with NZ$46.l million traded. —AFP AprtT «S (OOP) Advantage HDS 0.77
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      Lock icon SYDNEY
      555 28 AFP n All Ordinaries -I<L3O THE Australian share market closed 0.5 per cent lower yesterday as gains by market heavyweights failed to attract investors to other blue chip stocks, brokers said. Falls in the banking and resource sectors dragged the All Ordinaries Index 16.3 points lower to 3,199.8 points
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      Lock icon BANGKOK
      733 28 AFP SET Index -4M THAI share prices shed 1.6 per cent yesterday on profittaking amid a lack of fresh leads and despite heavy speculative buying in Bank Thai, dealers said. The SET Composite Index dropped 4.66 points to close at 286.62, while the SET 50 Index was off 0.43
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      Lock icon JAKARTA
      736 28 AFP CI Composite Index -3J7 INDONESIAN share prices closed 0.8 per cent down yesterday on concerns over a possible second censure against President Abdurrahman Wahid which could lead to impeachment, dealers said. The Jakarta Stock Exchange Composite Index closed 3.17 points lower at 360.04. A dealer at Pan in
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  • Article
    Lock icon STOCKS sgx
    7860 29 SGXMAIMBOARD Or ft M Wt S2-Wk tad M Day lartQwta Mv Mw YM MM CM tmf W# I—I cimm M» WW Mgi U» —wr Mhr CVr Wt W Wti MULTHNDUSTRY 153 39.5 c AcmaSOc 42.5 cd 4 42.5 41 41 42 0.5 19.9 0.6 1U 73.7 42 41
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      290 30 Where to wine, dine and entertain...^'<j>asa c^-^ car The one lunch date 3. 130SS never misses Secretaries' Week with Kenzo and Ayura at the Marriott, 23-28 April Fabulous international buffet lunch at Marriott Caft. 12 noon 2.30pm, $38.95+++ per adult (includes door gift by AYURA). For reservations, call 831 4605.
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      65 30 H9p w kWb* 'jj iSjj^g Weekend Public Ho W a Yxr 12.00pm 4.00pm UTIGt With 50 varieties to savour Free flow of home-made Barley Water Coffee/Tea Adult $16.80+++ Child $11.80+++ For Reservations, please call 433 1132 V Peninsula' Excelsior Hntd Coleman Street S.nf«porr 17W05 .•Jlndonesian^' Cantonese American Te o ch
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      173 30 An endless lunch and dinner buffet with 68 outstanding Cantonese dishes, prepared by Hong Kong chefs. All diners will be served with a complimentary Braised Shark's Fin Soup with Brown Sauce and Braised Whole Baby Abalone with Tianjin Cabbage. Lunch: $28.80 (Adult), $17 (Child) Dinner: $30.80 (Adult), $19 (Child) Ptaza
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      85 30 KgJypSßgfl slcMlMffiS 3f Tune 12:00 noon 2:30 pm Pricc $48 nett per person A Venue Mandarin Ballroom I (6th floor, South Tower) Reservations/Ticketing Hotline: 831 6288 U2. Fax: 831 6284 M qg Mandarin Singapore -j JPBJr 388 135 MjMTV? 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 732 2361
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  • Page 30 Miscellaneous
    • Miscellaneous
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      722 30 rage ju m AU .gjuyjrog—^— Pjj.trnj 230 Days Of Our Lives. ing Asia. 1100 MN The World ToU M 305 Caprice's Travels. &30 Business Breakfast. night. 9.00 AM Kids Central: Alle- 3.45 Wheel of Fortune. 7.00 The World To- 1130 AM Business Tonight. S-as Window. 4.06 Mowgli. day/Business Break- LOO
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      273 30 CBTPTIC CROSSWORD ACROSS 5 Write one's name again-give up 1 Result of striking another (6) match? (6, 8) 6 Party showing curiosity? (10) 9 Shouts in protest at temporary 7 Relative nearing drunken state accommodation (8) (J) 10 Morning in the town in Oxford- Spotted ty a mudstag* (11) 11
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  • NewAsiaBizWoman
    • Article, Illustration
      Lock icon Kenyan runner outshines the men
      962 31 Ndereba wins the women's title for Boston Marathon, South Korean Lee wins in the men's division NYT [BOSTON] FOR year®, while Kenyan men were becoming dominant In distance running, few Kenyan women succeeded. On Monday, In the 106 th running of the Boston Marathon, one
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      Lock icon No baby boom on Masako pregnancy: experts
      558 31 AFP [TOKYO] The prospect of Crown Princess Masako having a baby will not help boost Japan's declining birth rate although desperate politicians were quick to make a link, experts said yesterday. "The baby boom of the century," proclaimed a headline in the tabloid
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      1681 31 mm MCL LAND LIMITED MCLland (incorporated in Singapore) j NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that The Thirty-Ninth Annual General Meeting of MCL Land Limited will be held in The Oriental Ballroom 1, Level One, The Oriental, Singapore, 5 Raffles Avenue, Singapore *****7 on Thursday, 3 May
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  • MONEY matters
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      Lock icon US markets face big test this week
      989 32  -  j i comment CURRENCIES Effects of Q1 results of big companies due this week will be scrutinised; regional currencies unlikely to benefit much from any US$ setback larry wee DESPITE handsome gains during the past week, Wall Street and the tech sector in
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      Lock icon More weakness likely for regionals in Q2: DBS
      1183 32 Indonesian rupiah: Destined for 14,000 In spite of last year's massive 650 trillion rupiah bank recapitalisation, major Indonesian state banks are suffering negative spreads. They earn most of their income from holding bank recapitalisation bonds that pay an average of 12.5 per
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      230 32 111 l Hfrr flfl Tapping into the global marketplace is just the first step of bigger things to come. But are you prepared for it? To provide the best service without wasting precious time and money? At Progress Software, we understand this. Hence, we provide you with a platform that
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  • EXECUTIVEmoney
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      Lock icon Ready for golden years?
      1185 33  -  The Supplementary Retirement Scheme is not just putting money aside for your nest egg and saving on taxes. Key factors will determine the benefits one gets. GENEVIEVE CUA highlights some pointers GENEVIEVE CUA TALK to any bank adviser, financial planner or insurance agent, and he or
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      Lock icon Take your pick from AIA
      219 33 AIA has three investment schemes for customers who have opened Supplementary Retirement Scheme accounts with any of the four SRS operators. The first, called the AIA Flexi-Retire-ment Plan, is an investment-linked savings plan which invests in one or a combination of AlA's existing bond, equity
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      Lock icon OUB eyes SRS market
      519 33  -  By] Ling Su Ann IN addition to offering its existing range of products to the Supplementary Retirement Scheme (SRS) clients, Overseas Union Bank will also tailor a range of products to specifically target the market. This will consist primarily of products with fixed rate of returns
      519 words
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      Lock icon OCBC to unveil personal pension plan
      329 33  -  By\ Serena Ng OCBC Bank will next week introduce a new Personal Pension Plan for the Supplementary Retirement Scheme (SRS), which will take on a multi-manager approach and package basic insurance features with funds, and can be converted into a straight or variable annuity
      329 words
    • PERSONAL INVESTMENT
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        Lock icon Going where the bad news is
        956 34  -  For Morgan Stanley global strategist, that means putting money into equities in Japan, emerging markets and the US. CATHERIME OHO looks at the cause of attraction CATHERINE ONG [NEW YORK] MORGAN Stanley's global strategist Jay Pelosky Jr. believes in investing in markets where the
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        Lock icon US corporate profit fall spells end of happy days
        812 34  -  By Marc Faber Marc Faber is managing director of Marc Faber Ltd. and publisher of The Gloom Boom Doom Report, e-mail: contrary@pacifc.net.hk website: www.marcfaber.com IN the US, corporate profit growth has closely matched nominal gross domestic product (GDP) growth in the
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        Lock icon Signs of buyers returning to market
        1687 34  -  But dive in purchase value pushes insider sentiment into negative grounds for first time in 6 weeks By. Robert Halili The writer is managing director of Score Lab Asia Ltd. He is assisted by Ngia Soon Chai, Singapore News Desk THE Singapore Insider Sentiment
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    • PERSONAL FINANCE
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        Lock icon How crucial is critical illness insurance?
        1087 35  -  BEN FOE takes you through the considerations and finer points in deciding on such coverage BEN FOK The writer is executive director of Fraser Financial Planners THE statistics are clear people are living longer. But the bad news is that longer lifespans increase the
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        Lock icon Transferring risks in online shopping
        1073 35  -  Third-party payment systems such as World Pay help protect Net merchants and customers from problem of fraud By. Jo Wright The writer is managing director of World Pay. For more information, see www.worldpay.com LATEST research figures show that with almost 170 million Internet users worldwide,
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    • asiaone markets
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        Lock icon Eyeing a wide spread
        828 36 Tech stocks are not just for the brave or the foolish as Wall Straits.com presents its Tech Portfolio with picks from stalwarts to surprising choices in unusual sectors TWO weeks ago we launched our first of four model portfolios with the Penny Stocks, followed by our
        FILE PHOTOS  -  828 words
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        Lock icon SingTel, DBS need to shed more light on recent acquisitions
        552 36 THERE is no secret that Sing Tel and DBS need to make major acquisitions to extend their catchments beyond the limited Singapore market. Yet when they did, the market drove their market capitalisations down 22 per cent and 17 per
        552 words
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        Lock icon In for the long haul
        507 36  -  Long-term investing pays off regardless of which bourse you choose. WONG SUIJAU cites supporting data WONG SUI JAU The writer is a senior analyst and a licensed investment adviser at Fundsupermart.com Pte Ltd IS it better to be a short or long-term investor, given recent
        507 words
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        Lock icon Make the most of analysts' pickings
        500 36 THERE are many ways to find out what stocks to buy. Some people do their own homework and use the information that is available in annual reports, the newspapers or financial portals. That's a good way but requires hard work, and obviously some expertise.
        500 words
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      55 33 NO FEAR RISK TRANSFER ASIAONEMARKETS IKlOir^C 1 Morgan Stanley global strategist is rooting Third-party payment systems help reduce Take a look at Wall Straits.corn's wide array for markets where bad news has been the headache of fraud in online shopping. of tech stock pickings. factored in. On EM 2 On
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      38 36 Wall Straits @Also at asiaonemarketo.com Hot Kew, a tech-construction company??? Teamshpere, a turnaround play Frontline, a profitable e-enabler. VSQuest.com Also at asiaonemarkefts.com WBL: Undervalued, underrated Worth a look: S'pore bank groups Huge war chest to pursue expansion strategy
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      24 36 fundsupermart com Ateoatasiaonemarkets.com W IpR How to improve returns from your portfolio >sl/ Rebalancing method gives better returns Getting started in unit trust investing
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      16 36 jmr MfcJßourses Corp Also at asiaonemarkets.com Free listings off broker ■SB recommendations Asiaonemarkets' stock selection tools
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  • SHIPPING TIMES
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      Lock icon S'pore feeders cry foul over Bangladesh rules
      558 37  -  Out-dated law to protect local shipping used to favour own carrier By\ Donald Urquhart [SINGAPORE] A Singaporebased feeder group is feeling the brunt of discrimination against non-Bangladesh flagged shipping lines at the country's main port of Chittagong. According to Singaporebased members of the
      558 words
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      Lock icon MARITIME STOCKS
      313 37 SCX '000 «f n s$ w CWT Distribution 0.48 -0.01 5 Chuan Hup 0.28 -0.01 842 Cosco investment 0.16 unch 65 Freight Links 0.07 unch 277 CB Holdings 0.39 unch 40 IMC Holdings-HK 5.60 unch 0 Jay* Holdings 0.14 -0.01 305 KeppelCorp .2.90 -0.01 781 Keppei FELS 0.83
      313 words
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      Lock icon IMO chief lives in the real world
      849 37  -  STRAIT TALK By Seafarer LAST week International Maritime Organization (IMO) general secretary William O'Neil gave a well considered, balanced view of the progress maritime nations and the shipping industry are making towards increasing safety at sea. He was giving the keynote speech at
      849 words
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      Lock icon Dubai beaches hit by oil spill from sunken Iraqi tanker
      470 37 Oil also leaking from 2nd tanker in same holding zone AFP [DUBAI] An oil spill from a sanctionsbusting Iraqi tanker which sank after being intercepted by the US navy has washed up on the beaches of the Gulf leisure resort
      AFP  -  470 words
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      Lock icon Crew of sunken Korean bulker perishes
      335 37  -  By Beth Jinks [SINGAPORE] The entire crew of a Korean bulk carrier which sunk off the Japanese coast has perished, according to the coast guard. The conclusion was reached after five days of searching uncovered only six empty lifeboats and one body from a
      335 words
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      Lock icon Cruise ship designer calls for new R&D body
      357 37  -  He wants a holistic approach to be taken for crnise safety By] David Hughes BRITISH cruise ship designer John McNeece has called for an independent "thinktank" to be set up to handle issues of cruise ship research and innovation in design, particularly
      357 words
    • SHIP survey
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        Lock icon The art of ship surveying
        1352 38 Through history, the ship surveyor's stock in trade remains his capacity for judgment and his reputation WHEN the English first applied the word "surveyor" to the work of ship inspector about 400 years ago, the job description was already ancient. The modern role bestowed upon
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      Lock icon SHIPPING SCHEDULES INDEX
      273 38 PACE Ahrenkiel tl Appenship 5 Asia OCL 10 Assets 5 Austral 6 Avant 11 B'tangMas 6 BSA 7 BTL 11 Bangladesh 10 Batamindo 10 CCNI 7 CMACGM 3 COSCO 3 COCOS 5 CSAV 3 Central Ex 6 Chahaya 11 Cho Yang 5 China Shpg 5 Confer 11
      273 words
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      Lock icon SHIPPING GUIDE
      13085 44 THEBUSINESSTIMES Page8 EXPORT WEDNESDAY, APRIL 18, 200 ETA ETA Advertiser Vessel Voyage Telephone SIN DMt'n Nam# Nam* Number Number To ABIDJAN (ABJ) 2003 Cote D'lvolrt 25/04 26/05 MOL SAGITTARIUS CHALLE 781IA 65-Z2006M 29/04 16/06 COSCO EMPRESS SEA 0109W 65-*****00 26/04 07/06 ZIM/Seth ZIM DALIAN 14W 65-3230)12 30/04 01/06
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        806 48 Vessel Voy Mo Berth Arrival Departure Pine Bright 105 J < *>06 17/04/0:15 17/04/2130 Sandidewa 14 67 J02 17/04/730 18/04/8^)0 M Crusader 1 JOS 17/04/835 17/04/830 Ef 23 70 J02 17/04/935 17/04/17 JO Winstar 2 045S01 J03 17/04/10:00 17/04/21:00 Labroy 158 8ic03 J14 17/04/10:40 18/04/1030 Shannon Exp 01-Jul
        806 words
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        Lock icon CONTAINER SCHEDULES
        1973 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Manct Rstls Ship Voy No Etb/Btr Ptrtod Frw To Frew ACX RAFFLES 04*9 17/23*0 M/BOO M/M9* M/DOO U M/1700 17/069) 17/0900 2* M/1700 17/0659 17/0900 ACX SWA* 449S 19/1*00 M/BOO M/MS9 M/000 2A M/1700 17/0459 17/0900 2* M/1700 17/069) 17/0(00
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        Lock icon GLOBAL HOLIDAYS
        191 48 Apr 25 Australia: Anzac Day. Italy: Liberation Day. New Zealand: Anzac Day. Apr 29 Japan: Greenery Day. Mayl Singapore: Labour Day. Thailand: Labour Day Malaysia: Labour Day Philippines: Labour Day South Korea: Labour Day China: Labour Day Hongkong: Labour Day Vietnam: Labour Day Argentina: Labour Day Belgium: Labour
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        Lock icon COCKETT BUNKER MARKET REPORT
        786 48 THIS report, compiled by Cocken 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
        786 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        541 48 Carbon 180 Mu 991.0 2.3 13.3 0.28 194 0.06 Apr 12 Otnitty Water Residue Ask AIumMwm Sediment No above E25 0 1 0 1 1 0 380 Av 984.6 0.3 12.7 0.06 22 0.02 bam 380 Max 990.7 11 14.3 0.11 67 0.03 »«A» %M/M mt
        541 words
    • AIR & LAND transport
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        Lock icon Qantas' short-term outlook brightens on Ansett grounding
        619 49 THE ANSETT CRISIS However, analysts say its long-term outlook remains turbulent Reuters [SYDNEY] Australia's biggest airline Qantas Airways Ltd could reap some shortterm gains from the grounding of rival Ansett Australia's Boeing 767 fleet, but its long-term outlook remains turbulent. Analysts said yesterday
        Reuters; REUTERS  -  619 words
      • Article
        Lock icon Airline developing blueprint for survival: CEO
        552 49 Bloomberg, Reuters, AFP [SYDNEY] Australia's second biggest airline, Ansett, was trying to develop a blueprint yesterday to save itself from a spectacular industry crash. Its chief executive, Gary Toomey, said executives locked in meetings yesterday were developing a blueprint to show how Ansett would
        Bloomberg,; Reuters,; AFP  -  552 words
      • Article
        Lock icon JAL sees little change in business travel demand
        243 49 Bloomberg [TOKYO] Japan Airlines Co, Asia's biggest airline, expects demand for business travel to be little changed this year, averting a bigger slowdown that's hurting earnings of big US airlines. Business travel increased 10 per cent in the year to March 31,
        Bloomberg  -  243 words
      • Article
        Lock icon Bombardier gets US$1.68b Air Wisconsin order
        333 49 Bloomberg [MONTREAL] Bombardier Inc, the world's biggest maker of small passenger jet planes, said it won a US$l.6B billion (553.04 billion) order to build aircraft for Air Wisconsin Airlines Corp, beating out long-time rival Embraer of Brazil. The transaction includes firm orders for 51
        Bloomberg  -  333 words
      • Article
        Lock icon S'pore Post breaks into logistics, with S-Net venture
        279 49  -  By] Beth Jinks [SINGAPORE] Singapore Post entered the logistics industry yesterday with the official launch of new global freight transportation and logistics company S-Net Freight (Holdings). Singapore Post chief executive William Tan said the mail delivering company was an equal equity partner
        279 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1765 49 on fuotr cr> maw n» MritWt AN8230 1850 IH6381 >850 «3» W «mMM S023 0635 *1838 2255 6*979 0955 S0328 2325 MI7 MB mmrnrntm WO <ttS5 tmmm HZ 4286 2045 N***** 2045 S0286 «MS S0» 2045 ■dwli BW 0725 M|((M M/6A846 1330 M/6A847 0755 ismtuwi »tio7
        1,765 words
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      1201 38 I NORTH AMERICA "I I EXPORT I I OTHER DESTINATIONS I SSX-SUPER SHUTTLE EXPRESS-DIRECT TO LONQ BEACH 1 WEST COAST Of CENTRAL AMERICA (MARQARfTA BEHVICEI Zkm voy rEnaTTnDai umghaoi dauas nouston oocago kwvom Maroon *"saw M m»iiAt| acarhia |sANtoßaco cotwro gfls hwawwra 00QCAUHWMU 5iT "W "SSJ 00/05 00/05 H/OS 1./05
      1,201 words
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      Lock icon Page 38 Advertisements Column 2
      728 38 Lines services represented by em^ers Registry °f Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association g ULY UNE MALE VESSEL VOY [5* ["IS ETA P. KIANG STORE MALE Empress Lily VO4Ol 26/04 27/04 04/05 Princess Lily VO4Ol 03/05 04/05 11/05 Empress Lily VO5Ol 14/05 15/05 22/05
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      1304 39 TO EUROPE FROM EUROPE vtssa voy| sw rtm anr ham mv sou nrr leh I [vtssa Ivor rtm anr ham »v sou fit i« sw HY COMMODORE 332W 19/04 13/05 09/05 11/05 00/05 ATI CORAL 0201 30/03 29/03 01/04 25/0311/04 Anns 023W 21/04 01/05 06/05 13/05 10/05 HYIAMN 3311 02/04
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      Lock icon Page 39 Advertisements Column 2
      2117 39 TO AMN T/tsItMYSI HMM T/Tsl2 MVS I W AQABA T/T: 15 MYS I GENERAL AGENTS IN SMGAPORE: iO ROMNSON RD #12-00 SALfS/KGS TEL4WHS7/43 FAX: ram/71 MAIATSIA OfFKf MMGUDANG TEL0M*****6 FAX: 0M*****0 rACTM CUIBMUC BTC ITA SINGAPORE *****8 OUTWARD (B/L) *****02 *****25/75 PORT KLANG 03-*****633 03-*****668 TH: 226 1900 (MAM) INWARD
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      955 40 SENATOR LINES VOT IZ IBt |WW I AMI I HAM IMV fU IvßSa ~VOT SM at m HiSI 55 M •^"~ST"SS" raSuK MSST ZVZ H"SI Ti« J"2 !"2 "f "I MJ« MJS MJS 1245 IMS £12! S"JI M 5 IMS M? 'J* ALFUUHU MI4W KM IMS ISJS IMS MJS MTSS
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      Lock icon Page 40 Advertisements Column 2
      746 40 MfclfcglHJlC-HELS WDM -IW'SIA uTTTTj Carrier MN CMTR LINES, WC p.QUQAM6:<O7)3at37» HWViJ mmummnamm 8»U:(oo«)3i«i7« awau:(S3»inMM PENANG: (Of) *****36 BANQKOK: (W2) 23M687 BURABA^I)»KtttI *W)m5Z» wjCHre^ggS KARACHI LAHORE MV "SINAR BANGKA" V.021 ETA SIN 22/04/2001 MV "CASTOR" V.021 ETA SIN 29/04/2001 (Ako accepting to MULIAN, FAISALABAD, SIALKOT, RAWALPINDI, PESHAWAR, ISLAMABAD) j BOOKINGS....J>L» CALL
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      Lock icon Page 40 Advertisements Column 3
      495 40 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MULUNO, MUMBAI)/COCHIN/COLOMBO ALSO ACCEPTWG TO ALL NORTHERN AND WESTERN 1.C.0. POINTS Vassal VOY SPORE N.SHEVA COCHIN COLOMBO P.KLANfi PU GLORY 108W 22 APR 01 MAY 04 MAY 07 MAY 11 MAY TULSIDAS 141 29 APR 08 MAY 11 MAY 14 MAY
      495 words
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      1553 41 [VESSEL VOY KHH HKO I SIN PKL I DXB m DMM UK IRAN TABATABAEI PCL-203 17/04 18/04 21/04 22/04 01/05 02/05 04/05 06/05 IRAN KERMAN PCL-204 24/04 25/04 28/04 29/04 08/05 09/05 11/05 13/05 IRAN ISFAHAN PCL-205 01/05 02/05 05/05 06/05 13/05 14/05 16/05 18/05 IRAN HORMOZGAN PCL-206 08/05 09/05
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      Lock icon Page 41 Advertisements Column 2
      460 41 TAHARA RDM/ATW/BMNAJK I GOOD FRIDAY RDM/ATW/BMNAJK I OCEAN RANGER RDM/ATW/BMN/UK I Loads Singapore, E7W. Malaysia. Indonwia J Loading for SAFEER JDH/AQA/DMT EVDOXIA HDO/JDH/AQA YA LATTF DBI/ABU/DOH/BRN/DMM/KWT PAUL X JDH/AQA/DMT SOUTHER STAR 1 JDH/AQA RAINIER DBI/ABU/DOH/BRN/DMM/KWT PIONEER SUN D6UABU/DOVBRN/DMM/KWT EFFYN JDH/AQA/DMT •Loads Singapore, E7W. Malaysia. Indonesia I Loading for I NATS
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      Lock icon Page 41 Advertisements Column 3
      1520 41 i i iUKOPi IXPRISS sravtct EXPORT IMPORT Vgsa VOT [SM HH RTN AM HAM IHV fa VKSB I VOY M I HAM HI UH 51 IB if ft fiSftftilf WPMj 1 MOW JS/OS 101/06 Q3/ol| 04/06 05/06 j Ot/Ot "WE 19/04 PORTLAND SEN 016W W/OS 115/06 17/06| 11/04* 19/06 20/06
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      445 42 i ASIA MEDITERRANEAN EXPRESS (AMI) WESTBOUND SERVICE i ivissa VOY SIN m srt uh m rcr 1 MSt SANDRA ***** U Aft QZM S3ML liM IZM 11M 1 MSfGINA QII7R 01 MAY 14 MAY IAM 22ML 24M 2SM I MSCALEXA ***** 08 MAY ZIM 21M 2iM JIM QJLJUH 1 I
      445 words
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      964 42 JAKAWTA^AWJAMQ rasa hot ai m ro hm rasa vot sw jkt pw mm WHIM S44N 21/1)4 25/04 14/04 MJflli 128 Ml M 4 iQMiusiii M—jm m Ml_ "ff|; —m—m—jm JUTOO OISE 23/04 27/04 77/04 fflßHp ES fljg 3|--lAN! IHUM 204N 24/04 21/04 IKumiP SK tt/04 W/04 ANANIHUT* ***** 2S/D4 29/04
      964 words
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      667 42 INDONESIA NATIONAL LINE TO AUSTRALIA 1 RILL COWpUHER BERVICE va ww wg aw re k sit m m a b NYKntn 075 D/MM/04 30/04 06/05 00/05 11/05 PONDNHMX "5T »/0« 01/05 11/05 IS/05 15/K i»/K m.NCm ~~Vt >7/0501/05 ii/i»~ii/KB/K~B/«~ TOTSDM 60S 14/05 15/05 75/05 27/05 29/05 01/06 FEEDER SERVICE TO
      667 words
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      420 43 i BSA JL M MYANMA wBBk FIVE STAR UNE A (Myanmar National Un«) W Loading for YaigoN VESSEL VOY SIN PKL PEN PGU RAGO 110W SLD MONG LA 4SW 24/04 MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES RUL TEL 03-*****00 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A
      420 words
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      1159 43 HYUNDA^AERCHANTJMARJNECO^TD^^^^^ ivissa vor IflHI sou ta rtm ant ham brv |resa~ vonr sou l ib< kwh |ht hmk I wrv |Ml HYEMPBKK 334W 16/04 01/ OS 02/05 03/05 05/05 05/05 NOLCORAL 0201 30/03 31/03 25/03 27/03 11/04 HY COMMODORE 332W 19/04 05/05 12/05 09/05 10/05 HYRMON 3311 24/03 31/03 21/03
      1,159 words
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      1049 43 vftv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA -CAR RORO HEAVYUFT SIRVKI' IVtSSa VOY KAMP HEIGHT SIN I IK* MAO MIA I SAV lAI I CXtF NYC HIW WOil TALABOT AHIO9 4001 m 6.3 M 26/04 03/0* 06/06 08/06 10/06 11/06 13/06 17/06 19/06 TAMPERE AHIIO 4001 m 6.3 M
      1,049 words
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      1699 46 DH7 I IKICP CRNO: *****M0000C WtaMt* #1/ PIJ/ l_llllCS MAIt TILO2-221-1333 TAX: 02-221-5272 MMM Mm mm ■■■■VtaW CUSTOMB SBVKE: TIL 02-221-5596 FAX: 02-*****90 smfotfcTowcjooswmwcrniiß r-,, t GISENG ***** I 19/04 GISENG ***** If/04 GBIANG 2195 19/04 GtSIANG 219S 19/04 GNWAT 2112 20/04 GMA ***** 2S/04 SHINUNi 1 2101 22/04 SHMUNII
      1,699 words
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      Lock icon Page 46 Advertisements Column 2
      501 46 M ENG LEE SHIPPING CO PTC LTD I I lCi$A Mi *****22 (I* Lhrn) Fax: 5330«38/S32*9M I n iK nmwoooK I VESSEL VOY SIN UA SIN no DESTINATION Sinor Central 05/01 17/04 18/04 Duma/Perowong linior Stor 2? 04/01 18/04 19/04 Suraboyo Union Slot 3? 03/01 18/04 18/04 Suraboyo DwiDoyo 03/01
      501 words
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      551 47 VESSEL VOY SIN MAA SIN I TIGER SPEED 890N 21-21/04 27-30/04 05-06A)5 I TIGER METRO 889N 24-24/04 30-03/05 08-08/05 I TIGER RHYTHM 891N 27-28/04 03-0&05 11-12/05 TIGER BRIDGE 892N 01-01/05 07-10/05 15-15/05 I TIGER SPEED 893N 0&06/05 10-13/05 18-19/05 I TIGER METRO 894N 14-17/05 22-23/05 VESEl^^^VO^^Sl^^^CA^^Sir^l STEAM POWER 479CN8 18-19/04
      551 words
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      1129 47 iim. FREIGHT LINKS EXPRESS PTE LTD jfttv 51 Penjuru Road, 3rd Laval, Freight Links Express Logisricentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesinOsingnet.com.sg FOR BOOKING: *****35/5539/5541/5553/3494 PBOJtCT SHIPMENT HEAVYUFT CAKOO (CONVBdIONAL ROBO) Urwrence Urn *****7*, H/ft *****9T7 ln»nw<ii<n,n»Ma WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 9688 5404, VINCENT SEE
      1,129 words
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      705 47 TO limf CHINA N. EUROPE WRVICE VOY HKG XGG ttO wangg 555! 1 STAPR 25APR 59APR 01 MAY 03 MAY TSAMFttffiA I SfIAK 021 ~OSMAV UZMay HJ KEELUNG 079E I 05 MAY 09 MAY 13 MAY 15 MAY 17 MAY HI BREMEN 054E I 12 MAY 16 MAY 20 MAY
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  • Page 48 Miscellaneous
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      132 48 iosfe 11 .j^ LEGEND: Issued by Meteorological Service Singapore K Thunderstorm jl Showcfj /n o ain Temperature Wind direction and speed in knots Weather w Cloudy Day j B2 Sea Conditions Wind speed symbols :;;M: :i g; ij c i 2m O Full circle w/o line indicates calm or light
      132 words
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      187 50 j SIW®-S-Net Freight, Asia's Own Logistics Company, I is Launched and Online Now. i In an era of rapid change and great demand, one name has risen to meet the challenge of logistics in the new millennium. That name is S-Net. J Combining web-based integrated enterprise applications with I the
      187 words