The Business Times, 15 March 2002

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Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE Internet: http://business-times.asia 1 com.sg/ FRIDAY, MARCH 15, 2002
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  • Article
    Lock icon Correction
    43 1 In the table accompanying yesterday's front page report "MAS: Banks must change auditors every 5 years", the fees earned by PricewaterhouseCoopers last year from the local banks should have been in millions of dollars, not billions. We are sorry for the error.
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  • Article
    Lock icon MARKET SUMMARY
    75 1 sn 1,777.77 (-7.90) BT-SKI ***** (4.26) ST INDEX FUTURES 1,786 (-7.00) SSMSCI PDTDIES 22&20 (-1.60) STOCK MAXKET INDICES Thursday Change KLSECOMP 751.64 -187 NIKKEI 225 _11.568.82_+***** HANG SENG1130*79 +8610 SET INDEX J8116 +SJ5 JAKARTA COMP _467 39 -*01 MANILA COMP 1466.13 -16-47 TAIPEI WPI 6.070.50 -17.84 SEOUL COMP
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  • Article
    Lock icon FINANCE
    70 1 FOBEX RATES US$ SI USS (S$ per l'S$) 1.823 £(l T S$/S$ per 1.418 2.686 EURO(lS$/S$/E) 0.880 1.604 DM 2.223 1119 YEN 128.9 70.70 RM 3.800 2.084 HKS 7.799 4178 BAHT 4312 23.70 RUPIAH 9562 5,464 PRIME SATES SINGAPORE* 516 KUALA LUMPUR 640 HONG KONG 5.126 JAKARTA 39.00 TAIPEI
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  • Article, Illustration
    Lock icon Farallon is surprise winner of Bank Central Asia stake
    782 1  -  Rival St&nch&rt's conditions proved too heavy a burden for govt; minister From Shoeb Kagda in Jakarta US-BASED investment firm Farallon Capital Management yesterday emerged as the surprise winner of the majority stake in Bank Central Asia (BCA), Indonesia's largest retail bank,
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  • Article
    Lock icon A message to investors
    570 1  -  COMMENTARY Indonesia signals it prefers hard cash with little conditions attached, says shoeb kaoda SHOEB KAGDA SO how did US-based hedge fund Farallon Capital Management pip UK-based Standard Chartered pic to the finishing line in the race for Bank Central Asia (BCA), Indonesia's largest and arguably
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  • Article
    Lock icon Temasek to study auditor rotation for its companies
    626 1  -  |idexclusive| By Siow Li Sen lemaseK Holdings, the government's investment holding company, says it will study whether the companies it owns should change their auditors every five years even if there is no statutory requirement to do so. The direction that Temasek
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  • Article
    Lock icon UOB expected to delist ICB and OUT
    474 1  -  All 3 suspended today; move would better deploy fonds at group level By Quak Hiang Whai [SINGAPORE] Wee Cho Yaw's next step in the postmerger consolidation of United Overseas Bank is expected to be the delisting and dissolution of Industrial Commercial Bank and
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      Lock icon Page 1 Advertisements Column 1
      26 1 INSIDE EU eyes economic reforms Page 19 [UTi ir.uji® I "f- t *y \1 Security nightmare J Global flows to stabilise this year •Page 11 IM
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      263 1 TheßusixessTimes 1 1 weekend In tomorrow's BT Are Singapore's boardrooms a citadel of male power? A revamped personal investment section: Check out DBS Vickers Securities' model portfolio. Plus, What's In Style goes bazaar shopping Get your copy of Weekend BT at any 7-Eleven store or, if you want to have
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  • NEXT page
    • Article, Illustration
      Lock icon Andersen to plead not guilty
      759 2 Beleaguered accounting firm takes aggressive posture as merger talks fail NYT LAT—WP [NEW YORK] As merge: talks between Arthur An dersen and other account ing firms all but collapse< on Wednesday, senior An dersen executives decide< that the firm will not pleat guilty to charges
      NYT; LAT—WP; FILE PHOTO  -  759 words
    • Article
      Lock icon Mercer wins new term for CPFIS services
      257 2  -  Pricing proposal a cost-saving for managers By* Genevieve Cua [SINGAPORE] William M Mercer has clinched the tender to provide consultancy services for the CPF Investment Scheme for another three years. Mercer, which has held the contract for the past three years, beat two
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    • ON THE grapevine
      • Article
        Lock icon Haiku insight
        147 2 ACCORDING to a report we received via the Internet, in Japan, some websites and computers there have replaced the impersonal and unhelpful error messages with Haiku poetry. Haikus have strict construction rules. Each poem has only three lines and 17 syllables: five syllables in the first line, seven
        147 words
      • Article
        Lock icon Int'l arbitration practitioner
        115 2 THE New York-based law firm Shearman Sterling is beefing up its international arbitration practice in Singapore. It is relocating one of its partners, John Savage, from its Paris office to its Singapore joint venture. Shearman Sterling Stamford. Mr Savage will head the firm's international arbitration practice in
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    • Article
      Lock icon Correction
      45 2 IN yesterday's report "Achieva profit drops 56% on stiff competition", we said the company intends to set up a semiconductor plant in Taiwan this year. What Achieva intends to set up is a distribution business for electronic components. We are sorry for the error.
      45 words
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      190 2 SfM' "~"wT T-t 8 **il' H Ifr Mwllffl 11 (1I I I K -ft This could be you i ■k^Hsß r— f V. The Ascott Group, Asia Pacific's largest serviced residence company, congratulates all 15 L W !°"f L En '°i' yo 7 fr "*y The Ascon or Som.Wirvicld residSce
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  • SINGAPORE companies
    • Article
      Lock icon Windfall in the offing for Parkway's Tony Tan
      444 3  -  By, Andrea Tan THE man who took Parkway Laboratory and MediRad public under his watch will emerge as winner when the two are taken private. Tony Tan, who assumed the role of deputy chairman of Parkway Holdings on Wednesday, stands to pocket
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    • Article
      Lock icon SCI:provision in the name of prudence
      687 3  -  i •.♦ill lock siew| conrad raj SEMBCORP Industries' setback in a recent lawsuit involving the conversion of the bulk carrier Solitaire into a pipe-laying vessel once again underlines the uncertainty that attends any legal matter. It also underscores the appropriateness of SCl's decision two
      687 words
    • Article, Illustration
      Lock icon SC Global to pay A$67m for AV Jennings stake
      492 3  -  Simon Cheong divesting 3&5% stake hell get from MPH demerger By Andrea Tan MPH and SC Global Development boss Simon Cheong is turning his 38.5% stake in Australian property group AV Jennings into hard cash by selling it to SC Global
      ZAOBAO  -  492 words
    • Article
      Lock icon Delgro posts profit fall, sees farther slide
      383 4  -  Net earnings drop 26% to $61m even thongh turnover rose 9.5% to $1 Jb By\ Ling Su Ann TRANSPORT firm Delgro Corporation said yesterday its FY2OOI net profit fell 26 per cent to $61 million despite a 9.5 per cent rise in revenue
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    • Article, Illustration
      Lock icon Tan Chong Int'l profit falls by a third to HK$320m
      496 4  -  By l Christopher Tan MOTOR-BASED Tan Chong International Ltd (TCIL) turned in net earnings of HK5320.1 million for the year ended Dec 31, 2001, down 34 per cent from the year before as its property business went into the red.
      FILE PHOTO  -  496 words
    • Article
      Lock icon ST Assembly preparing for major acquisition: analysts
      564 4  -  USsl7sm note issue will boost war chest to USssB7m By- Angela Tan SEMICONDUCTOR services provider ST Assembly Test Services Ltd (Stats) is reckoned by analysts to be on the verge of a key purchase after it announced a US$l75 million convertible note issue
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    • Article
      Lock icon Chartered capex put at US$600m next year
      174 4 Reuters [TAIPEI] Singapore's Chartered Semiconductor, the world's third largest contract chipmaker, yesterday said it estimated 2003 capital expenditure to be around USJ4SO-600 million, up from US$4OO million in 2002. Spending next year would primarily be to expand production at the firm's sixth semiconductor
      Reuters  -  174 words
    • Article, Illustration
      Lock icon Nat Steel Broadway profit slips 27% to $34m
      451 8  -  Competition, start-op costs to blame; current year seen to be better By] David Boey NATSTEEL Broadway yesterday posted a 27 per cent drop in profit to $34 million, no thanks to price pressures and start-up costs at its China and Hungarian units.
      FILE PHOTO  -  451 words
    • Article, Illustration
      Lock icon Asti stock soars on talk of impending deal
      293 8  -  Punters bet on f-hflngo in company's ownership By\ David Boey ASTI Holdings yesterday said the recent market interest in its stock could be due to talks it is holding with an outside party on a "business opportunity". The supplier of tapes and
      Source: Bloomberg  -  293 words
    • COMPANY Briefs
      • Article
        Lock icon Omni Mold lifts profit 31%
        84 8 ELECTRONICS mould maker OMNI Mold yesterday announced a net profit of $4.1 million on turnover of $32.8 million for the year ended Dec 81. Profit was up 31 percent from $3.1 million the previous year, though turnover slipped 2 per cent because of the global
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      • Article
        Lock icon Koda interim gain up 5.7%
        61 8 FURNITURE maker Koda has seen its interim earnings rise 5.7 per cent to $1.85 million. Sales rose 5.4 per cent to $19.6 million. Koda said its order books are filled "up to May" this year and the company expects to "at least maintain its performance
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      • Article
        Lock icon Profit alert from IRE Corp
        60 8 BUILDING and construction firm IRE Corp said in a profit alert yesterday that results for the second half of2ool "did not improve over the first half as expected". Directors said last year that "results for the second half of2ool are expected to improve" though the
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      • Article
        Lock icon CSH Ind posts weaker earnings
        59 8 CHUAN Soon Huat Industrial Group says profit for last year dived 67 per cent to $1.4 million. Sales fell 11.8 per cent to 162.6 million because major markets, in particular the UK and North America, were weaker. The home furnishings company said its FY2OQ2 results
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      • Article
        Lock icon Horizon bags PC school for $3 million
        60 8 HORIZON Education and Technologies will pay S3 million to acquire COMAT Training Services, the largest personal computer training centre in a single location in Singapore. Horizon says the acquisition by its wholly-owned subsidiary, Horizon Educom, will involve the issue and allotment of new
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    • Article
      Lock icon Pertama breaks even at half time
      144 8  -  By\ R Sivanithy PERTAMA Holdings yesterday announced an 88 per cent jump in turnover to $148.5 million for the six months ended Dec 31, but made a disappointingly small net after-tax profit of just $1,000 compared to $1.4 million for the previous period. The
      144 words
    • Article
      Lock icon Berger Int'l loss widens to $9.7 m
      231 8  -  By' Vince Chong PAINT-MAKER Berger International dipped further into the red with a net loss of $9.7 million for the year ended Dec 31, 2001, sliding 52 per cent from a net loss of $6.4 million in 2000. Paint sale for the year
      231 words
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      136 3 LOEWE. m 0 10 2 12-00 i "'ii» I fl^P Vl X'*la^ jZ£ k. r r W2l^t^r r w 4 S U flflp 9Mi B s ""^Mf" itif -8 ft 11 VltrOS 100% digital redefines the art of television. Its unique appearance attracts attention to the absolutely flat screen. And
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      1948 4 TAncHonG Tan Chong International Limited international (Incorporated in Bermuda with limited liability) ™ALRESUIJS I MANAGEMENT REVIEW The Board of Directors (the Board )of Tan Chong International I Limited is pleased to announce the following results of the Group for Overall Results the year ended 31 December 2001: Financial performance for
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      41 5 Page 5 *v«. ■5? jHBHRfIHH^H^B^^HI^^H^^H 4 x' i IrfpTlUTlj liftr l Tfj'yfMa^M^B^BWIBBHBBHIMi^BBBMHHi Kr-WT 'it -«i. J*ai§&^vgfi&sH-'"*■'%'-■' W If IF" 1 g^fcgz B^yHßr^ *&i.j^Hu t r h*£& N^HP%~* > I K," M MR? I BF I Br I I■ t r a a.-
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      306 6 OTHER SINGAPORE INDICES Mar 14 VALUE CLOSE novo* 429.00 +76.00 IHW -*****.QQ +12.00 -*****.00 +43.00 AMSfipMH 470.20 -0.45 MtpJIwBwl 171.12 40.54 1541.52 -5.83 SCEyJfct Fwp 473.12 -2.71 MO BW«n 224.43 -0.51 M 225.20 -1^0 I *si. v Stocks Vofcaro ChinaAvO* 5c 28.823.b66 UniFood HK25C 24.251,000 HongLalH 5c 20,285,000 Food Empire
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    • Article, Illustration
      Lock icon TPV's arbitrage gap with HK market presents decent opportunity
      275 6  -  HOT STOCK/ WARRANT By R Sivanithy TPV Technology has been one of the market's best performers over the past six months, rising from 30 cents to 93 cents now. It's also traded in Hong Kong although trading is slightly less liquid
      275 words
    • Article, Illustration
      Lock icon Case of traders running out of ideas?
      655 6  -  -id comment STOCKS r. sivanithy THE stock market's lexicon infilled with colrangingfrom animals (bull, bear and stag) to physical exercise (running out of steam and pausing for a breather). Looking at the trading action of the past seven or eight sessions, perhaps a
      655 words
    • Article, Illustration
      Lock icon Retail sales data, Greenspan a comment hit US$
      563 6  -  comment CURRENCIES European units main beneficiaries; yen corrects from overnight lows larry wee LED by the Swiss franc, European currencies broke out of their recent tight trading ranges yesterday after overnight news of a disappointing increase in US retail sales in February,
      Source: Reuters  -  563 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2706 6 UNIT TRUSTS FUNDS cwMpai o» OtiBond Sport K/\ 1.201/ ObBond S'porc B»t 1.22V AM Amtb Aaaat Mgt (S>a*a) Ob Money Sing Dollar OaeB 1 038V Star Europe Eqty!* 079* Gtt Parvfurope Equity fund 1XJ7/ Star Europe Bd 0.9V GbSelect Ana ritt Balanced 1J» Star Europe U 0 868" GttSelect Asia
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      61 7 life ajf I* H A hvtachi Tim sponsor on your business And continuous savings for your organisation. khoo swu chiows So, look beyond mere ASPs. And get the best of both worlds: global experience and local understanding. Give your north pole EXPEDITION business the many advantages of ASP Plus from
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      1760 8 ALLCOM TECHNOLOGIES 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 on 12 April 2002 at 10 Changi South Lane, #03-01 OSSIA Building, Singapore *****2 at 11.30 am or immediately after the
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      15 8 VEHICLES The Straits Times Classified. Classifications 302 393. 1 cat.?. Buy IL SdlL Find IL
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      1597 9 VOLUNTARY CONDITIONAL CASH OFFER by ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD for and on behalf of GOLOLINK INVESTMENTS PTE LTD (Incorporated in the Republic of Singapore) a wholly-owned subsidiary of PARKWAY HEALTHTECH INVESTMENTS PTE LTD a wholly-owned subsidiary of PARKWAY GROUP HEALTHCARE PTE LTD and which is a
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      1703 9 VOLUNTARY CONDITIONAL CASH OFFER ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD for and on behalf of DRAYSON INVESTMENTS PTE LTD (Incorporated in the Republic of Singapore) a wholly-owned subsidiary of PARKWAY HEALTHTECH INVESTMENTS PTE LTD a wholly-owned subsidiary of PARKWAY GROUP HEALTHCARE PTE LTD and which is a wholly-owned
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  • SINGAPORE news
    • Article
      Lock icon US firms launch lobby group to give S'pore FTA a push
      431 10  -  Coalition will help to get trade accord approved by Congress From Leon Hadar in Washington A GROUP of US companies that support the passage of a free trade agreement (FTA) between the US and Singapore have announced in Washington
      431 words
    • Article
      Lock icon Pick SIA seats, check in through the Internet
      166 10 PASSENGERS can now choose their seats two days before departure with Singapore Airlines' new Internet check-in service and receive up to 30 flight alerts via SMS. The check-in service is available to members of the Priority Passenger Services (PPS) Club and the
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    • Article
      Lock icon Ascott woos investors for Sydney apartments
      300 10  -  Initial yield of (L 2% and offer of rental growth for Oakford Riverside units By Vince Chong SERVICED residence firm Ascott will guarantee those who invest in a luxury residential property in Sydney an initial yield of 6.2 per cent for a lease of
      300 words
    • Article, Illustration
      Lock icon CBD office blocks: it's a buyers' market
      452 10  -  By Vince Chong POTENTLAL buyers of central business district (CBD) buildings are reworking their sums following last month's sale of the DBS Finance Building at a level which represented at least a 10-year low. Buyers are now willing to offer much less. One
      452 words
    • Article
      Lock icon Global FDI flows to stabilise this year
      524 11  -  KIU study predicts USs&B4b annual FDI for S'pore over 5 yrs Byk Anna Teo AFTER the first decline in a decade last year, global foreign direct investment (FDI) flows are expected to stabilise this year and pick up strongly from 2003. Only two
      524 words
    • Article
      Lock icon Net certification exam by Japan's NTT, local firm
      182 11 HOMEGROWN IT company asponline and Japanese telco NTT Communications Corp yesterday announced the launch of an Internet certification examination in Singapore. The certification called .com Master was launched by NTT Com in Japan last year. About 50 000 people have since taken
      182 words
    • Article
      Lock icon Feb exports seen falling 16.5% due to short work month
      543 11  -  PBRm on the economy I exports Decline mnch higher than Jan's -4J% but analysts say NODX is on a gradual recovery path Byi Chuang Peck Ming JUST as a longer working month exaggerated January's export showing, a shorter working month
      543 words
    • Article
      Lock icon Bilateral issues not zero-sum game: DPM Lee
      390 11  -  Negotiations with Malaysia should not be conducted in public, he says From Eddie Toh in Bukit Tinoai Pahana vl J u/curcj/ RESOLVING the package of outstanding bilateral issues plaguing Singapore and Malaysia should not be seen as a zero-sum game, said Singapore Deputy
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    • Article
      Lock icon No govt influence in listed companies' operational decisions
      103 11  -  MAinrnn Danielle Yew (Ms) Director (Investment) Ministry of Finance THE article "Singapore firms ranked top for corporate governance" (BT, March 8) referred to a CLSA Emerging Markets report which gave the impression that certain decisions made by Singapore Telecommunications and the DBS
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      580 10 Notices NIHON UNICOM SINGAPORE PTE LTD NOTICE OF SPECIAL RESOLUTIONS Nona IS HEREBY GIVEN THAT a AN EXTRAORDINARY GENERAL MEETING Of THE COMPANY DULY CONVENED AND HELD AT 1-38-11. MHOMASHI KAKKARA-CHO, CHUO-KU, TOKYO 105-0014, JAPAN ON THE 6TH DAY OP MARCH 2002 AT 10.00 AM. THE FOLLOWING SPECIAL RESOLUTIONS WERE
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      613 10 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF HONG LEONC AMF LEISURE HOLDINGS PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary Ceneral Meeting of Ihe members of the abovenamed Company duly convened and held at 16 Raffles Quay #26-00, Hong
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      634 10 IN THE MATTER OF THE COMPANIES ACT, CAP 50 ANO IN THE MATTER OF FIRST DYNASTY MfttES PTE LTD (In Members' Voluntary UquKMon) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of »w Companies Act Cap 50. that a Final General Meeting of the abovenamed Company w« be held at
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      563 10 IN THE MATTBt OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTE* OF LEGE NT SOFTWARE PTE. LTD. (In Members' Voljtamy Winding Up) NOTtCF OF FIMAI MfFTIMT. NOTICE IS HEBEBY GIVEN, pursuont to Sechon 308 of the ComponiM Art, Cop 50 that o Final General Meeting of the obovenomed
      563 words
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      563 10 IN THE MATTEB OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF SYMOND INVESTMENTS PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FlhiAl MFFTIMn NOTICE IS HEREBY GIVEN, purseont to Sechon 308 of the Companies Art, Cap 50 that a Finol General Meeting of the obovenomed Company
      563 words
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      673 10 VAN SEUMEREN (SINGAPORE) PTE LTD NOTKB Of SPECIAL BESOUTKKS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HLD PURSUANT TO SECTION 179(6) Of THE COMPANIES ACT (CAP SO) AT 23 CU BO AO SINGAPORE *****6 ON THE 71* DAY OP MARCH
      673 words
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      282 10 IN THE MATTER Of COMPANIES ACT, CHATTER 50 AND IN THE MATTER Of QUALITY MST PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of PINAL MEETING NOTICE IS HEREBY GIVEN lhal pursuant to S«dion 306 of Companies Ad, Cap. 50, a Final Meeting of the members of the obovenamed Coc.pany will
      282 words
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      208 11 1#|p Since 1975 our worldwide staff of PW "Wj over 275 multi-disciplined professionals Bp IF wj including lawyers, chartered accountants. K A chartered secretaries and bankers have f A provided confidential and cost effective Jb com P an y 'ormation in all the major low 4 W$ la arcas including
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      450 11 By Order of the Receiver for Eastern Kayam OCM Ltd, dm *€***++> Entire Inventory Liquidation and Final Closing Down of ORIENTAL CARPET MANUFACTURERS (OCM) LTD The World'* Oldest. Largest Most Prestigious Oriental Carpet Company MAJOR INTERNATIONAL LIQUIDATION AUCTION Ckoice, Specially Selected Eastern Kayam OCM Inventory FINEST HANDMADE PERSIAN EASTERN CARPETS
      450 words
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      280 11 master §0 in-, -i. vy public management programme The Master in Public Management (MPM) is a joint programme of the National University of Singapore and the John F Kennedy School of Government at Harvard University. It was developed to enhance the skills of senior managers in government, non-profit and private
      280 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Busy blowing (asset) bubbles all the time
      843 12  -  iTI73 bottom line OPINION anthony rowley The writer is BT's Tokyo correspondent IT would be laughable, were it not downright dangerous, that central bankers pride themselves on having subdued inflation at a time when asset bubbles continue to recur in one economy after
      843 words
    • Article
      Lock icon IN OTHER WORDS
      57 12 The weak can now hurt the strong. It's not like the old days when people in some far-off country didn't have much power, couldn't do much against their colonial masters. Now you can.' -StepfaoDftrid of Johns Hopkins University, on why the world has not become more peaceful
      57 words
    • Article
      Lock icon Dreaded then, welcome now
      596 12 EDITORIAL SHARES of China-based firms trading on the Hong Kong bourse are providing a muchneeded fillip to an otherwise lacklustre stock market a situation that's rich in historical irony. The interest in China shares was triggered when Beijing's central banker, Dai Xianglong, disclosed that Chinese nationals
      596 words
    • Article, Illustration
      Lock icon Providing for America's ageing population
      1051 12 US Federal Reserve chairman Alan Greenspan delivered an address to a banking conference in Hawaii on Wednesday. We reproduce in the two pieces below extracts of his speech dealing with the longer-term issues confronting the US economy. THE productivity performance of the United States has
      AFP  -  1,051 words
    • Article
      Lock icon Savings imbalances and stock prices in the US
      601 12 THE level of saving remains a key ingredient of economic growth. But we need also to know whether the source of that saving is sustainable and, beyond that, whether the type of Financial assets in which our overall saving is accumulated affects
      601 words
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  • REGIONAL news
    • Article
      Lock icon No change in decision on Subang, says Ling
      181 13 PUTRAJAYA Bernama THE government wil not revert its decision to shift all passenger jet operations from Subang to KL International Airport (KLIA) by July this year. Transport Minister Ling Liong Sik said this was made to create critical mass besides improving connectivity
      Bernama  -  181 words
    • NOTE Book
      • Article
        Lock icon Suharto suffers Internal bleeding
        43 13 AFP [JAKARTA] Former Indonesian dictator Suharto is suffering from a stomach disorder that has led to internal bleeding, one of his lawyers said yesterday. "He has been suffering from an internal haemorrhage since yesterday," Juan Felix Tampubolon said. —AFP
        AFP  -  43 words
      • Article
        Lock icon MAS passengers down 17% after hike
        45 13 AFX [KUALA LUMPUR] The number of passengers taking Malaysian Airline System Bhd flights declined by 17 per cent since the carrier raised its domestic Cares on August 1, The Star reported, citing Deputy Transport Minister Ramli Ngah Talib. —AFX
        AFX  -  45 words
      • Article
        Lock icon Garuda flight diverted to KL by smoke
        71 13 Bloomberg [JAKARTA] A PT Garuda Indonesia flight bound for Medan, Indonesia, was diverted and forced to land at Kuala Lumpur's Sepang Airport last night because of thick smoke from forest fires in the Riau Islands. "We had to divert the plane to Kuala
        Bloomberg  -  71 words
      • Article
        Lock icon Moody's bullish on Malaysia
        46 13 AFX [KUALA LUMPUR] Malaysia's foreign currency country ceiling of Baa 2 and Baa 3 for bank deposits with a stable outlook reflect the country's strong external position and a satisfactory balance of payments outlook, Moody's Investors Service said in a statement —AFX
        AFX  -  46 words
      • Article
        Lock icon Leung did not break roles: SEC
        38 13 Reuters [MANILA] The Philippine Securities and F.Trhango Commission said yesterday last December's appointment of Ernest Leung as president of the local bourse did not violate rules restricting the job to non-brokers. —Reuters
        Reuters  -  38 words
    • Article
      Lock icon TRI deal puts the heat on Telekom
      733 13  -  MEWS ANALYSIS DiGi tie-up will make any move to gain control of TRI more expensive From Diana Oon Abdullah in Kuala Lumpur NEWS of telecoms group Technology Resources Industries' strategic alliance with competitor DiGi.com could be causing gov-ernment-controlled Telekom Malaysia some anxious moments
      733 words
    • Article, Illustration
      Lock icon Thailand to woo back investors
      297 13 BANGKOK Calpers pnllont prompts move to restore confidence Reuters THAILAND, shaken by the recent pullout of a major US fund, pledged yesterday it would act to improve corporate governance to restore foreign confidence. "I would like to see 2002 as a year of good corporate
      Reuters; REUTERS FILE PHOTO  -  297 words
    • Article
      Lock icon Akbar Tandjung charged with graft
      303 13 Reuters INDONESIAN prosecutors charged the Parliament speaker with abuse of power and graft yesterday over a scandal that coincides with several other legal moves to bring high-profile figures to book over corruption. An official at the Attor-ney-General's Office said Akbar Tandjung's case had been filed
      Reuters  -  303 words
    • Article
      Lock icon Li Ka-shing a security nightmare?
      606 14  -  There's opposition in the US to HE tycoon's Global Crossing bid, dne to his close Bering ties Fromi Audrey Tan in Hong Kong HONG KONG tycoon Li Kashing's bid for Global Crossing has come under fire in the US for his close ties to Beijing,
      606 words
    • Article
      Lock icon Businessman linked to Suharto detained now
      331 14 JAKARTA Recent moves show Megawati is firm on graft crackdown Reuters INDONESIAN authorities detained a wealthy businessman linked to former president Suharto, in the latest in a series of graft cases, officials said yesterday. Hashim Djojohadikusomo, the commissioner at the now-collapsed Bank Industri, as
      Reuters  -  331 words
    • Article
      Lock icon Indon central bank backs Sabirin's decision to stay on
      341 14 JAKARTA AP INDONESIA'S central bank said yesterday it stood by its governor's decision to stay on at the bank despite being sentenced to three years in prison for corruption, saying he is entitled to continue in his job while he appeals
      AP  -  341 words
    • ASIA Notes
      • Article
        Lock icon China banks get nod for Taiwan ops
        79 14 Bloomberg (TAIPEI] Taiwan's central bank said it will let Chinese banks open offices on the to reciprocate China's decision to allow Taiwanese lenders to open offices on the mainland. The decision underpins growing financial links between two economies that remain at odds politically.
        Bloomberg  -  79 words
      • Article
        Lock icon Giordano profit falls 9% to HK$377m
        77 14 Bloomberg [HONG KONG] Giordano International Ltd, one of Asia's biggest clothing retailers, posted a greater-than-expected profit decline last year as economic growth in the region slowed. The company which has 920 stores in Asia, the Middle East and Australia, said profit fell 9 per
        Bloomberg  -  77 words
      • Article
        Lock icon Oil workers protest for 14th day
        96 14 AFP [o£)ijiiNuj Around 20,000 laid-offoil workers were expected to demonstrate in north-east China yesterday on the 14th day of what has spiralled into one of the biggest labour protests to hit the country in recent years, a participant said. Laid-off workers from the Daqing
        AFP  -  96 words
      • Article
        Lock icon China retail sales up 9% in Feb
        74 14 Bloomberg [BEIJING] China's retail sales growth accelerated in February as the Chinese New Year holiday boosted spending on food and other goods. Rising unemployment and slowing growth may cap spending in coming months. Sates rose 9.1 per cent from a year earlier, the
        Bloomberg  -  74 words
      • Article
        Lock icon HSBC hires staff for Shanghai unit
        80 14 Bloomberg I&HANGHAI] HSBC Holdings pic, Europe's biggest bank by market value, has hired 160 staff few a new global data-processing centre it is setting up in Shanghai and plans to hire a further 390 by year-end, said Zhang Dandan, an HSBC China spokeswoman. The
        Bloomberg  -  80 words
      • Article
        Lock icon HK depts get leeway to cut spending
        96 14 Reuters [HONG KONG] Hong Kong Financial Secretary Antony Leung yesterday said government department leaders would be given leeway to decide where spending in their areas would be cut under the new stringent expenditure guidelines. In unveiling his new Budget last Wednesday, Mr Leung
        Reuters  -  96 words
    • Article
      Lock icon Tycoon pushes for right of Chinese to own property
      425 16 BEIJING Owner of private bank circulating petition to pnt issue before parliament Bloomberg A FOUNDER of China s first private bank is lobbying the government to give citizens the right to own property, heralding the biggest ideological shake-up since Deng Xiaoping
      Bloomberg  -  425 words
    • Article
      Lock icon HK govt raps CyberWorks
      216 16 HONGKONG JL Move follows 2 rivals' complaints of tardiness Bloomberg HONG Kong's telecommunications regulator issued a "severe warning" to Pacific Century CyberWorks Ltd for breaching rules that oblige it to provide services to other fixed-line operators. The Office of the Telecommunications Authority said it was responding
      Bloomberg  -  216 words
    • Article
      Lock icon HK to sell HK$6b new units in Tracker Fund in Q2
      296 16 HONGKONG Dow Jones Newswires THE Hong Kong government will sell about HK$6 billion (Ssl.4 billion) worth of new units in the Tracker Fund of Hong Kong in the second quarter of this year, the Exchange Fund Investment said yesterday.
      Dow Jones Newswires  -  296 words
  • Article, Illustration
    Lock icon FINANCE
    986 13 i Transaction date: Mar 14 PTTERBAME CROSS RATES a™ mb*++ im m mm* it m m m j""* 6,8 M9j 3J75 U55 4.054 ***** ***** 0.670 6.837 1*75 12* 3U95 2MM 0.940 6.0J3 0.867 18.176 22.466 0J67 0J2C 30J4 aAn 2J« 1.464 37.636 ***** IM3 7279 U>46 ***** 27.105
    986 words
  • Page 13 Advertisements
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      293 13 C«a»il-lreel<waB9 8822/ Email recraits*»ii.c«>M M THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO ■I THE MATTER OF JOC HOLOMGS (SMGAPORE) PTE LTD (■f MEMBERS VOLUNTARY UOUDATKX) NOTICE TO SUBMTT PARTICULARS OF DEBTS OR CLAMS NOTICE IS HEREBY GIVEN THATihecredaort of abovenamed Company, whose debts or dam have not already
      293 words
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      347 13 IN THE MATTER OF WORLD TRADE CENTRE CLUB SINGAPORE Club') (IN LIQUIDATION) At the [Vectors Meetng of the Club held at *04-01 Tanfong Pagar Complex (Podium Block). 7 Keppel Road. Singapore *****3 on 6th March 2002 at 11 30am lor m« toaowmg purposes RESOLUTIONS RESOLVED: (a) That Mr Kon Yin
      347 words
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      417 13 Bofttneesman linked to Suharto detained, Pg 14 Central bAnk backs Sabirin's decision to stay on, Pg 14 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF SHINTOA (SINGAPORE) PTE LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of Ihe members
      417 words
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  • Article
    Lock icon COMMODITIES
    1645 14 SICOM FUTURES MarU MW Fiifani (Ctesfag prim) BSIgiwtVh» CtoM Votum Om *5* Wjfc L— S»tt fk-tt) Ifrtst Apr 02 el oo Mytt 125.50 Jun 02 |2* 00 Jul/S«p02 ***** RSS 3 (UScwrtsAg) VqImm *"*6 Uw Srtt (tomes) (Rtorast £02 68.50 6&00 66.00 450 025 69.50 1125 •ton 02 70
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      303 15 Page 15 Between now and 29 March, 2002 book a business class ticket* and pay only the amount you would normally pay for an economy class ticket on other airlines (or maybe just a little extra). Tickets purchased must be for flights departing before 31 st August, 2002. For reservations,
      303 words
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  • Article
    Lock icon STOCKS ASIA
    5104 16 Transaction date: Mar 14 for mare, go to wwwjaswonenmarketsxxmi HONG KONG ICG Asia 0.54 unch ***** Vel Interchina Hldgs _0.97 0.01 6440 Interform Ceramics 0.02 unch ***** Infl Bank of Asm 2.00 unch 3074 AoossAsia Multimedia .0.44 -0.01 2 .Regent Group 0.14 unch 0 ipha 5? ner 003
    5,104 words
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  • WORLD news
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      Lock icon US inventories up 0.2% in Jan; jobless claims down
      507 17 LATEST US INDICATORS Data throws up questions as tepid figures fall short of expectations Bloomberg Reuters [WASHINGTON] US data released yesterday left observers with more questions surrounding the strength of the expected economic rebound. Reports on business inventories and jobless claims
      Bloomberg; Reuters  -  507 words
    • Article
      Lock icon Scramble for auditors if Andersen collapses
      705 17 NEW YORK Windfall bat tough for rivals to absorb thousands of clients NYT IF Andersen cannot find a saviour, some of America's biggest companies will be thrust into a period of uncertainty as they scramble to find someone else to bless their books. Andersen's
      NYT  -  705 words
    • Article
      Lock icon Greenspan says final demand strengthening
      670 17 Following are extracts of Federal Reserve chairman Alan Greenspan's speech delivered via satellite to the Independent Community Bankers of America meeting in Hawaii on Wednesday. "IN the past several months, we have seen increasing signs that some of the forces restraining the economy over the
      670 words
    • Article
      Lock icon Allied Irish rejects calls to sack top execs
      716 18 DUBLIN But internal report confirms bank's controls failed to spot massive trading scandal Reuters ALLIED Irish Banks defied calls to sack its senior executives yesterday after its own report confirmed that the bank's internal controls had failed to spot one of the
      Reuters  -  716 words
    • Article, Illustration
      Lock icon Rusnak trades questioned 2 yrs ago
      205 18 Reuters [DUBLIN] Global banking group Citibank raised questions two years ago about the activities of John Rusnak, a report into the scandal revealed yesterday. Former US bank regulator Eugene Ludwig, who conducted a month-long investigation into the US$69l million loss at Allied Irish Banks'
      Reuters  -  205 words
    • Article
      Lock icon NYSE polls Wall St on controls
      249 18 NEW YORK Move follows case of Lehman manager stealing USs4om Bloomberg THE New York Stock Exchange, responding to allegations that a Lehman Brothers broker stole at least US$4O million from clients, is surveying securities firms to see how they monitor brokers who also manage
      Bloomberg  -  249 words
    • Article, Illustration
      Lock icon EU eyes economic reforms
      504 19  -  EU SUMMIT Bloc banking on Barcelona summit for deals on opening of energy, labour markets Frorni Shada Islam m Brussels EUROPEAN Union leaders start talks today in Barcelona, Spain, on transforming the 15-nation bloc into the new millennium's most dynamic economic powerhouse. On the agenda at
      AFP  -  504 words
    • Article
      Lock icon Tokyo Jan trade, current account surpluses surge
      411 19  -  /•Yona Anthony Rowley in toieyo JAPAN enjoyed remarkable increases in its trade and current account surpluses in January as the trend in exports improved and income from overseas investments jumped, according to official data published yesterday. But the relatively good news on the
      411 words
  • Article
    Lock icon KLSE
    2240 17 Transaction date: Mar 14 H KUALA LUMPUR Fraser»Nea>« 3 50 unch 0 Mi 2.36 -0.02 15 RM W- ("flop) FW Industries £.35 0.01 10 Gadang 1.13 -0.01 2 A 4 M Realty 1.08 -0.01 134 Gamuda .5.50 -025 645 Abnt 185 -0.03 127 GanadCorp 1 XX> 001 3 ACP
    2,240 words
  • Article
    Lock icon SGX
    535 17 Transaction date: Mar 14 asa- 3 5 ifl W m !a a is is zx js ts v» OjSwTJSc 0*7 DM OXC UKH U TS «M a-sra ar. ts ar •xzp m k as as r—,» s gs? sar 2*"* i"0 -OJMO STbwtt 2 7J ts iM «Muri»r nS
    535 words
  • Article
    Lock icon BONDS & WARRANTS
    655 17 BONDS WARRANTS r L VelCeen Eur mk E *Mm r 'f rmmm» wa n»hi u» ASTHMM0621 103 -15 654 1 16 141 27 AonaUdWMIIIS 15 I 50 435 32 AmttVW>***** SU -I 255 I 33 -1 l3 39 Amwrong W*****0 A 1 10 33 2 63 26 Ao«foodP»Ma0712 05 1
    655 words
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      188 18 '•|r I :1 I i I I BIG BERTHA t. Int i oduc ui( j Bi(j (mm th. i (.'l, the new Compression Hied .)i ton C otni x»*,ito FORGIVENESS. Dmv,m ll li 1111 <MI«>I < Jf S 11« M '.Willi j 4 SOOetl .111(1 (llst.llM t* It'. < |Ot
      188 words
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      474 18 Notices m the Mattel of the Compantea Act Cap.so And In tfw Matter ot 3FUSION (S) PTE LTD (In Creators' Voluntary Liquidation) NOTICt Of MEOTNG Of CREDITORS NOTICE HEREBY GIVEN that pursuant to Section 307 of ma Companiae Act. Cap 50 an annual meeting of the creditors of 3f uaion
      474 words
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      410 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER Of (1} Kerv Air Destination Monogomewt Company Pte Ltd Reg No. *****2096K (2) Fun Factory Pte lid Reg No. *****5205Z (3) Ken-Air Funworid (ftukit Timah Ptoxa) Pte lid Reg No *****4795K (4) Kan-Air Funworid (Parkway Parade) Pte
      410 words
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  • Article
    Lock icon SGX MAINBOARD
    2875 19 Transaction date: Afar 14 for live prices, log on to iiwwxisiaonemarketsjcom &L a v. a &u.s.™ sra-ss 9 6 AfiNAmroNLG 56c 9 I +0.5 845 21 20.5 W2 3f 4 "5 35.5 a 5 81 11 511 'is "K 555 440 s ASFUSIc 100- ***** 555 5 S
    2,875 words
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    Lock icon SGX XTRANET
    37 19 g w. nSi ■jr u. rii5 ra~z io« BIO s Dm* ii ami i. MO MX Knt "tm 5J5 440 t IS MX) Spore UWJ t2H0 *70 i ISS4P500 US11H0 ***** »50 s VOK US10KC
    37 words
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    Lock icon SGX SESDAQ
    780 19 t-t a A u, ■a-ra g c c ssy—=:t s s s *4 s 27.5 c AS Auto 10c St -0 5 289 545 S4 IJ (J r 52 2»cASJHWgiMt 5 54 54 54.5 10 *7 1J 7J 709 S4 62.5 20 c AST110c 43 -1 ***** 45
    780 words
  • Article
    Lock icon CLOB INTERNATIONAL
    143 19 as .ags, ty g ■a V 40 M 5 0*tr»g KongSOcHK. 1780 2 M JJ S 75.5 •111 ii 4& *S 10 GMngHIS 21 »t MM 22 20 21 21.5 S2 5 HK TH 50c 400 HK S8C 1J6 1KH5 HSBCHKS*****HK. 3550 27 2 9 "i HU^ MtH,C
    143 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Meeting Don Juan...
      893 20  -  ...albeit a very different one at the HK Arts Festival, pa&vaid matab looks at the festival's interesting offerings last weekend PARVATHI NAYAR THAT headline about meeting Don Juan? Completely true, but— unlike Kate and Leopold—this one was Swedish, bald and very much of our times. He's the
      893 words
    • Article, Illustration
      Lock icon Giselle's lead dancer sparkles
      361 20  -  Byi Cheah Ui-Hoon IF raucous audience appreciation is anything to go by, the newest lead dancer in Singapore Dance Theatre has won over the local audience with her impassioned performance of Giselle. Guo Fei, formerly the principal dancer with Guangzhou Ballet from 1995 to 2001, gave
      361 words
    • Article
      Lock icon NHK finally comes alive for Berlioz
      422 20  -  By\ Frank DeMegtio LAST Sunday, after an absence of 20 years, the NHK Symphony Orchestra returned to Singapore under the baton of the NHK musical director, maestro Charles Dutoit. This rare visit by a brand name conductor was augmented by Lee Huei Min's performance
      422 words
    • Article
      Lock icon Zen Zen Zo delivers engaging take on Macbeth
      478 20  -  It charms audiences with its fast pacing and superb choreography By Aaron Lye CAPTIVATING, enchanting, mystical, magical one could easily run out of adjectives to describe Australian theatre group Zen Zen Zo's recent adaptive work, Macbeth: As Told By The Weird Sisters.
      478 words
  • Page 20 Advertisements
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      58 20 OF THEIR DWM OMEGA ESTATE $107,988 MMiMri w German-Engineered •2 2 litie 16V DOHC ECOTEC Leather Seats Alloy Wheels Electronic CM J Climate Control with Air Quality Sensor Tillable Steering Wheel Active Dynamic Safety System Full-size Auhags Active Seat Belt System Cruise Control T e,ms conditions apply H1 hi I'
      58 words
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  • CINEMA/TELEVISION
    • Article, Illustration
      Lock icon Ice Age draws chuckles, not belly laughs
      552 21  -  It hasn't got a witty enough script and plods along at a rather sedentary pace By I Corinne Kerk YOU may have seen a funny trailer for Ice Age, the new computeranimated comedy set in prehistoric times. And if you thought that was
      552 words
    • Article
      Lock icon Insights into the Hitchcock legend
      326 21  -  By\ Parwathi Nayar CELLULOID Scenario One: Two men sit talking football at a table, a bomb goes off; the cinema audience is shocked for a few seconds. Scenario Two: Starts out same as One, except the audience knows there's a bomb ticking, inexorably. They're hooked,
      326 words
    • Article, Illustration
      Lock icon Thirteen Ghosts won't scare you
      691 21  -  Ad unimaginative script makes the ghostly enconnters rather routine after a while By Susan Tsang THIRTEEN Ghosts is your standard haunted house film, but with the snazziest house you've ever seen. Instead of your crumbling Gothic pile, the film presents a building whose walls are
      691 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      211 21 Where to wine, dine and entertain... IBM A World of WWW^UnerS.COIILSg l§ w %<$ L.-,. mJwm J Weekends and hofldays ore for heading down to Cowman's for TUnch where our buffet spread of over 50 dUm, endless How of boftey, tea or coffee await* you. j Make your reservations at
      211 words
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      Lock icon Page 21 Advertisements Column 2
      101 21 Rasa Singapura Ist March—3lst March 2002 A trip down memory lane.. Carbon Hotel brings /~\.you the nostalgic favourites of crispy chicken ngoh hiang, tantalising satavs, heartwarming yong tau fu and many more. Exclusively at the Caff Vic. Supported by the Singapore Hotel Association and Singapore Tourism Board. Prices begin from
      101 words
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      Lock icon Page 21 Advertisements Column 3
      150 21 Try favourites such as Sashimi, Sushi, Handroils and more. At the Courtyard's cooking station, our chefs will whip up mouthwatering BBQ sausages. Yakitori and a special feature. Okonoml Yaki a melt-in-your-mouth savoury pancake Lunch: $23 per adult. $18 per child Dinner. $32 per adult. $25 per child Free flow of
      150 words
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      Lock icon Page 21 Advertisements Column 4
      110 21 I I I Function Room available for your I Aimh«rsary Dinner Dance I I Baby's Full Moon I Baffct and Coffee Break availably I 8 VCD, Karaoke, full souad system B 3 Maximum 100 pax S Minimum Seminar -15 pax I I For enquiries, call us at 430 4119 H
      110 words
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      Lock icon Page 21 Advertisements Column 5
      69 21 seafood in a pan J| oV gj \a-v^' »"vHed K itr ii« r 4 WWW.fish-CO.COn 1# Ij/S 'rwtwj **t« w+tj M# V-'vr-f >r* Mnt THE ESSENCE OF BORDEAUX GASTRONOMY 13-24 MARCH 2002 presented by Guest French Chef Jean Jacques Dugardin «at Top of the M' Revolving Restaurant Reservations: 6831 6258/88
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  • EPICURE
    • Article, Illustration
      Lock icon Measuring up on all fronts
      841 22  -  IndoChine Waterfront's ambience and cuisine do not disappoint obbaboi-booiii CHEAH UI-HOON Ambience, when it comes to good dining, isn't everything. But it sure counts for a lot, especially in this day and age when much ado is made of the art of dining. The question
      841 words
    • Article, Illustration
      Lock icon Return of famous Penang hawker fare
      217 22 CRAVINGS PENANG food flans show no signs of waning, and they continue to return by the droves for York Hotel's bi-annual Penang Hawker Fare promotion, now in its umpteenth year. Why? Because there's nothing quite like the smoothness of the noodles in the Penang
      217 words
    • Article, Illustration
      Lock icon More finesse at Thai buffet
      196 22  -  By Cheah Ul-Hoon THE current Thai promotion at Shangri-La Hotel's wide and varied coffee garden buffet doesn't hold too many surprises they are the staple dishes one has come to expect from any Thai food spread. So instead of majoring in novelty, the four guest
      196 words
  • Page 22 Advertisements
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      175 22 >U£A\ )bk SHOPPY FESTIVAL c*>s> v -> maTTj- i® ®2. •ne World ine Family. One Feetival. aL V t 11 HKi mUv yfil 9 J I Bi^—jjfc i< i'ti 1 i jf "^JBE |EH B Hi "HBP ,|j«BBHMMBBBHBMfi^^|^ Dubai in one sparkling package. Starting from just US$27. To celebrate this
      175 words
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      Lock icon Page 22 Advertisements Column 2
      15 22 HOME NEEDS The Straits Times Classified. Classifications 90 120. Buy k. Sdi k. Ftad IL
      15 words
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  • PBRSPBCTIVE/BIZ WOMAN
    • Article
      Lock icon Who's exploiting who?
      738 23  -  !•'a a the cuff There's no supply without demand. So, would there be a Chn Mei-feng concert if no one wanted to see or hear her? jaime ee THE cab driver seemed to know more about where we were going than we did. "Golden Theatre, uh, cinema,
      738 words
    • Article, Illustration
      Lock icon This is no lady of leisure
      1357 23 JOAN Lee Vinson lives in a hilltop mansion in one of San Francisco's most exclusive enclaves, a circular avenue of stately homes set on manicured lawns, the neighbourhood framed by a pair of tall, graceful gates. But on a bright but chilly January day,
      JENNIFER LIEN  -  1,357 words
  • Page 23 Advertisements
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      130 23 Who says goodfood has to come at a high price? f f. Savour the best in Thai Teochew Cuisine at prices that are real value-for-money. Our promotional dishes for this month will excite your taste buds without burning a hole in your pocket. PLUS! March Promotional Dishes Enjoy a special
      130 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      249 23 CRYPTIC CROSSWORD 10 Porter of above-average en 3 Ih| LIJ 11 Few show support (9) 7 instrument to be played 13 Grow faint, so get a medico entrance charges (10) round before work (5) 9 Film about trade not proper- I I I I I I 15 Plainer form of
      249 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Pregnant pause
      1371 24  -  Are pregnant women at a disadvantage when it comes to seeking jobs? CORINNE KERK checks out the situation CORINNE KERK IT happens. A woman was headhunted for a position, and after being interviewed, was offered the job, which required travelling. She then went through the obligatory employment health
      Illustration by Ben Cruz  -  1,371 words
    • Article
      Lock icon Go-getter encounters closed doors
      499 24 CATHERINE Lee (not her real name), an upwardly mobile financial executive in her early 30s, was in the first trimester of her first pregnancy when she was sought for a mid-level position. But after she disclosed her pregnancy to the prospective employer over lunch (set up
      499 words
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  • SHIPPING TIMES
    • Article
      Lock icon MARITIME STOCKS
      249 25 IMrM It *f- <ht CWT Mstrfeutlon a77 -0.01 103 Chuan Hup 0.42 unch 842 Cooco invattmant —029 unch KM] Frolght Links 0.07 unch 337 08 Holdings 0.60 unch 0 IMC HoMngt-HK —5.60 unch 0 JayaHoMlngs 022 unch 1007 KappalCorp 420 0.14 1604 KappalFtLS Kappal Marin* 020 unch 419
      249 words
    • Article
      Lock icon Underwriters blamed for war surcharge row
      557 25  -  Shipping lines charged despite panel advice to withdraw war risk premiums By\ Donald Urquhart [SINGAPORE] Some marine underwriters are being "difficult" by resisting calls by the Joint War Risks Committee of international underwriters to withdraw additional war risk premiums for vessel calls at Colombo,
      557 words
    • Article
      Lock icon Chuan Hup unit wins boat deal
      205 25  -  Beth Jinks [SINGAPORE] Singaporelisted company Chuan Hup Holdings has secured a deal to build another 12 high-speed patrol craft boats for the Singapore Police Force Coast Guard (PCG) in a deal worth $6.6 million. The vessels will be constructed by Chuan Hup's associate Asia-Pac
      205 words
    • Article, Illustration
      Lock icon S'pore port, PSA bag best in Asia awards
      303 25  -  M&ersk sails away with top shipping line awards By Beth Jinks [SINGAPORE] Singapore was named Asia's best seaport and PSA Corporation awarded the best container terminal operator for Asia at an industry award ceremony held here yesterday. It was the 14th time
      FILE PHOTO  -  303 words
    • SHIPPING news
      • Article
        Lock icon US appeals court rules Disabilities Act covers foreign cruise ships
        776 26  -  ADMIRALTY CASEBOOK By I Selva Kumar A US appeals court has ruled that foreign-flagged cruise ships operating in US waters are not exempted from the requirements of the Americans with Disabilities Act on provision of facilities for disabled persons. The
        776 words
      • Article, Illustration
        Lock icon Colombo's confidence
        76 26 [COLOMBO] The largest container ship to call at Sri Lanka's main port at Colombo, the MVLt Unica, being unloaded during its first visit to Sri Lanka on Wednesday. The operation of the 5,900 TEU (twenty-foot equivalent units) vessel is seen as a sign of confidence in Sri Lanka's
        AFP  -  76 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      214 26 PACE Frfui Append* 5 Gemartranj A»ant 10 6 Link II BtanqM* 6 Glory Na* N BSA 6 H4n 9 (l < BSC 9 HanOurg-Sud BTl 10 Hoeflfi i Bataji 4 Heung-A 3 CMACGM 3 HubUnc M COSCO 3 HUAL K) t Central Ex 6 Hyundai 4 ChaHaya
      214 words
    • Article
      Lock icon SHIPPING GUIDE
      13483 31 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone I ETA ETA Advertiser Vessel Voyage tmoDoiw SIN OMt'n Nam* Nam* Num&ef Number I SIN Dest'n Name Nam* Number Number 06/04 23/04 COSCO HSH KUSU 019* 65-*****900 To ABIDJAN (ABJ) 2003 Cot* D'lvoir* I 07/04 N/04 nyk pto nedlloyd paran
      13,483 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        604 35 *®y "o B«rth Arrival Dvpartui Jrai tat OCEAJt-UMG M J22 U/0V2 45 20/03/700 rUflm 203 J06 14/03/5:30 16/03/400 ■HITE AMANDA I J04 6/03/5.00 5/03/5.0C IT LA NEGARA ***** J01 15/03/800 6/Q3/I30C 11W 2692 802 J01 15/03/8-00 5/03/130C Sa PRESTI6E 1 J05 15/03/8:00 6/03/2301 •"Of**' XK03 J03 5/03/900 5/03/22:01
        604 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1751 35 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Mane* tstls jjj Voy No Etb/Btr Period from To frxm ACI UUf 0J7A 17KM M >4/000 14/145* >4/1*00 a m/bm >v*» mmo M M/T7W (VMM ft/0900 a M/T700 IV06M BABOO J 8/0700 8/1B* ft/MOO a/coo a/Mn batoo ATLANTIC M 213
        1,751 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        199 35 March IS Malaysia: Islamic New Year (Awal Muharram) Brunei: Islamic New Year (Awal Muharram) Indonesia: Islamic New Year (Awal Muharram) March 21 Japan: Vernal Equinox Day March 29 Singapore: Good Friday Australia: Good Friday Canada: Good Friday France: Good Friday Germany: Good Friday Hong Kong: Good Friday Indonesia:
        199 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        803 35 THIS report, compiled by Cockett Ma rine OH 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
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        Lock icon VERITAS BUNKER QUALITY REPORT
        343 35 CartON MO Max 991.9 0.4 MJ 0.06 43 0 03 PwritT tt«f jwjgw UUlMtohB Si—It No Mow £25 2 0 0 0 0 0 KIM 380 W5J 0.2 OS 0.06 27 0.02 tt/in JZZ 390 9912 0.4 16.0 0.08 50 0.03 IS22 %M No abort 635
        343 words
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        Lock icon KAL, Delta Air set to expand marketing pact
        296 36 They are planning to apply to US authorities for anti-trust immunity AFP [SEOUL] Korean Air (KAL) and Delta Air Lines plan to expand their alliance after jointly applying to US authorities for anti-trust immunity, KAL said yesterday. The application to the US
        AFP; AFP FILE PHOTO  -  296 words
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        Lock icon Express rail to link Vienna's city to airport on the way
        293 36 Bloomberg [VIENNA] Flughafen Wien AG, operator of Vienna International Airport, and Austria's railway company plan to spend 17.8 million euros (5528.4 million) on a train service that will halve the travel time between Vienna's city centre and the airport
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        Lock icon Hooligans beware 'Sky Guards' during World Cup
        219 36 Reuters [TOKYO] Didn't get peanuts with your drinks? Not enough leg room? Well, you better not get too upset, because 'Sky Guards' could be on board. Japan's No 2 airline. All Nippon Airways Co Ltd, announced on Wednesday it will assign in flight
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        Lock icon S Korea unveils own bullet train model
        263 36 AFP [SEOUL] South Korea has unveiled its own bullet train model after six years of work with the help of French high-speed train technology, officials and researchers said. The Construction and Transportation Ministry said on Wednesday the first "Korean-type high-speed train" will be
        AFP  -  263 words
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        Lock icon Sydney Airports' profit tripled to A$44m in H1
        277 36 Reduction in costs, improvement in productivity help to boost earnings Bloomberg (SYDNEY] Sydney Airports Corp, which is being sold by the Australian government, said its first-half profit tripled to A 544.1 million (5541.8 million) on increased revenue per passenger and a reduction
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          Lock icon Lockerbie conviction upheld
          111 36 Reuters ItAßtf ZEIST, Netherlands] An appeals court yesterday upheld the murder conviction of a former Libyan agent for the 1968 Lockerbie mid-air bombing. Abdel Basset al-Megrahi, 49, was sentenced to lift in January 2001 for killing the 270 passengers, crew and residents erf the Scottish town of
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          Lock icon Int'l traffic for European airlines dips
          141 36 Bloomberg [BRUSSELS] European airlines' international traffic fell 3.6 per cent from a year ago in the week through March 3, reversing the previous week's recovery. Traffic in the week through Feb 24 had fallen 2.4 per cent European carriers' traffic on North Atlantic routes
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          Lock icon Air India to lease 3 Airbus aircraft
          131 36 Bloomberg [BOMBAY] Air India Ltd, the national carrier, it plans to lease three Airbus SAS A3lO aircraft during the next three to six months to increase services. "Air India is in the market for leasing medium-haul aircraft, mainly for the South-east Asia and
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          Lock icon Auckland airport may get hotel
          91 36 Reuters [WELLINGTON] New Zealand's Auckland International Airport (AIA) and entertainment company Sky City Entertainment Group said yesterday they were examining a possible joint venture to establish an airport hotel. A joint feasibility study to examine the concept would be undertaken, the two companies said in
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1632 36 ott fuewT ct* mem no »-**<» irnrn 2230 <*»*i vhzj otos do7 owo «at 2230 OM MOO UL2077 OOtO »iitn»i S0323 0655 uut 21Q0 MS EK69 0220 6*975 (100 $0324 2345 UUBW 845 SOW 2350 M3> W ***** 0620 I MOM 0M8 Frw«*t W9767 0650 6*970
        1,632 words
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      41 25 PSA. YOUR PARTNER TO SUCCESS. 9kl > Thank You of Confidence PSA Corpoi at ion voted as Best Container Terminal Operator in Asia foi 13 yeais Singapore as Best Seaport in Asia for 14 years at the 16 Asian Freight Industry Awards.
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      609 26 Underwriters Mb mod for war surcharge row, Pg 1 MM— BHB OOaOUFOMA 41E12 1»/U3 70/03 I 05/tM 04/04 10/04 10AM 10/04 11/04 KL VOT I IT* SW IW6 W 1111 OOQW»yOB >1031 24/03 27/83 12/04 14/04 17AM 17/04 17/tM 20/04 |'1 Q<SIBC 035 17/03 U/W »/*3 31/*3 02/04 05/04 mm
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      7 26 -1 j&t* r% '*5 V*-*''«£ v '^^'^'•'c'^j
      7 words
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      517 26 Ijnes sarvicas represented by Mwniwjofiheßagijliyof Mrnbtn of #w XqESfJI Aca Shipping Agents to9'*K» yjy S>ngapore Shipping AMociction -~"'m Auociahon CONT/UNttS/ CONVENTIONAL CARGO wm «W*/*WOB/*Mni« IANKX WY ETA PKL ETA SIN ETA MALE rrtoMiUly MB IVW IMI a« e——Uy >rw n* I^4 UU MAW NT SEKVJCES SSZRB H"«WMawi fU: CU47MI 9CANCHABT
      517 words
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      972 27 TO EUROPE FROM EUROPE vtssa Ivor aw n» hoi w» sou ia llvesa vor hm m hmo m sou iw aT HYUBMFORIUf 307W 11/03 04/04 06/04 09/04 03/04 NNMNiaUI SKI 23/02 2S/D2 27/02 21/02 14/W ooll Jl/W 12/04 09/04 10/04 07/04 KXSOU/TIOM 0041 25/02 20/02 02/03 03/03 19/W ■OHfIEGRITY 006W
      972 words
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      1131 27 n MOM T/T: IS Mrs A? MMCMJMOB, OT«BK roummmm ire sSSffiT 3P«» MAT,MWK fSfST COWVWTKWUI M2OS3CI/130 *23«5323/73 COSQ) QMGOM)/HOK 11*3 77/ TO 74/03 I IS* I ®/B I I/O) IVO3 EM" 22 wm tub vm- mmmT I I I I I IftMOl IllOtt/HOW 3Q/D3 KU3 BMMIMI/niV 14/tJ 'W awspweu/oiiA n/w
      1,131 words
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      371 27 «sa w_ jl _w_ »L _®l w_ JL wr siw s»6 *t sw mKnmam m m 17/3 w) VA ZM 1m HiS 8 2S5=-_SL SK^=^=^=^_=^:^= aimwi wi? iyi n/3 a/3 y» m iomm rasa vot sii Mt wto sa —MPSOMI M3S U/3 Tl/j xa 31/3 MUmM Mj 'V? 1/4 M
      371 words
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      1031 28 HYUNDAI MERCHANT MARINE CO., LTD. jvßsa wt| m soul ran m| ma lav ivesa |VQT|sou|«|raHAin|HAM|BV so AftfiAMT 100W 07/03 74/03 70/03 76/03 17/03 '«0« Io* 11/01 14/07 13/07 14/01 MUM S44W 00/03 70/03 10/03 14/03 24/03 HTDBCD¥HT B4f 10/01 13/07 14/02 It/07 Of/03 Iff WOn 304W 11/03 01/04 27/01 It/03
      1,031 words
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      700 28 ttiAumss issavon sawed u/« trm —T s^ 15** 21/03 25 03 27/03 IS7A 04/04 02/04 00/04 10/04 '*/04 14/04 20/04 72/04 ra» ™22»«*J" ¥Z jj/jjj ~jZ «/5 iiTS ws THOO lAMB 2/02 22/03 20/03 2S/03 00/04 11/04 12/04 IS/04 TWOt SUM 4/02 21/04 24/04 IS/04 00/05 |ffis 11/05 17/85 IS/OS
      700 words
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      496 28 WEEKLI EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AM WESTERN CO PORTS Fa TO COCHM. TUTCORM in COUMMO KAMMA «ti NNBM SHEWA wn raw I<iumm|umw| cokk gomoms DBfBUSI Tffli; II MM "Si 71 Ml mtMB sow iis m ■onMien bb nmi nmi im Bsb ifMi MSSBSWima W) ■uumev m
      496 words
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      638 29 A Great Way dubai Persian gulf WITH IRISL AGENT M SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA NOrtCWIttOOOOH BOUSTEAD SHPPWG AGENOES SON. BHD. PT. SMOSE CONTI PERSADA Si KL TEL: 03-*****300 FAX: 03-*****682 TEL: 62-21-*****33 RISL REP: WRECT TEL: *****938 PEN TEL: 04-*****15 FAX: 04-*****07 FAX: 62-21-*****30 JB TEL: 07-*****33
      638 words
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      500 29 i ICI UK CONTINENT SERVICE LxMding for OCEAN ISLAND RDM/ATW/BMN/UK/LPL DtMITRA RDM/ATW/BMN/UK/NAN Loads Singapore. EJW. Matoya. Indoneai MIDDLE-EAST SERVICE Loading for JIN SHUN HOOEIDAH/JEDOAH/AQABA JOHNNY L DBI/ABU/DOH/BRN/DMM/KWT DON GLORY JDH/AQA PAN QUEEN DBI/ABU/DOH/BRN/DMM/KWT DON FRANE BUUC JDH/AQA/DMT HANDY ESPERANCE DBI/ABU/DOH/BRN/DMM/KWT RAINIER JDH/AQA/DMT too* Singapore, EJW Mntoywa. hdonaw USA SERVICE Loading
      500 words
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      1060 29 VgT SIN PG<I YISSII ¥01 SM "pacSSa M2SN ii/u irni IAZS3 Ift RKf gig }f£3 {/M _hlmm lug 14/03 20/03 1 JILIAU ZIAI 11/ m 23/03 I PACOWTAN 0141 ti/03 17/03 ffiS Sfil SI DJI VtSSfl VOT <jh fr l»=S==il==Si£: ffißM =i==l&==iF= JSSSB HH SB pku vcsa vor aw m
      1,060 words
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      504 30 WEEKLY SERVICE TO SOUTH AFRICA A SOUTH AMERICA OHIAISQA((IPtM6O T0B06m0t.S*0H(A)IOS(0 00 SUUUC (TAMI WtMOMItYPtQ) Vj»*4 v *r*r ctwi snw Mk« m'*tm IriiMiMi Frxdon (Mtomcf FIMIS H/03 301/03 01/ M 01/04 03/04 19/04 H/iu iT/ru u/nl" TWK fr/ri 07; m -***** mi TPS 381 SITE **>6*— iJQgg OJiO4 13,04 IS/04 IS/04
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      719 30 TO: M/MOtTH HJBOft PO»TS WaOT SHVKI p— las jml f-as ml 1 iMtiCiMW* J2BL 24/03 IS/03 H/M imm il/5 {£5 ffis [CMA (GM WORMAj<DIE_ _I7SW_ 03/04 04/04 77 M 23/04 25/04 29/04 27/04 Acoyting cargo tool UK inland dtshnohon- im iw/miwwnwuiKw i^-mHaysavKi fa. lis IgiaiilSlilllillHindi liiG-A.lfl«6dlß»ltral»—. a >M» [TO? BffTHA
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      54 30 0 HANGLI SHIPPING WRECT REGULAR SERVICE JAKARTA SURABAYA JAMKTA 18/03 18/03 P KAUMNTAN 25/03 25/03 P SUMATRA 30/03 30/03 P MUAANTAN 04AH 04/04 P SUMKTERA SURABAYA 18/03 18/03 SHANNON EXPRESS 25/03 25 03 PUAU MANAS 30/03 30/03 SHMRXMJ 04/04 04/04 SHAfMON EXPRESS UNTTED SHIPPING ORGANISATION PT. INDONESIA SHANNON SHIPPING CORP.
      54 words
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      513 30 BSA^ teflk MYANMA SHliil FIVE STAR LINE (MyoMior Natioaol Um) Loodisg for Ymjm VBsa VOT SM m KM KU ■ONGU OW JU OM SMWI HAW S4W SU> ■ALATSU AGENTS: MUSTUfi SMffWG AGBKXS «UL TH 03-*****)00 HL TH 03-*****101 wt m 04-*****0? Ktfc TH 07-*****21/4 BANK LINE U Mrrk« of AiUrtw
      513 words
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      175 33 IHL PB&JSAHAAN PELAMRAN 1 KALIMANTAN DIRECT WEEKLY SERVICE TO 1 JAKARTA/PAIIMtAMG/DUMAI I »M«I V»T I SW KT |rmw K"' MOMUaua H 04/07 11/03 77/13 vJtT I I lumumm stfir- tiyii m/*i rrm 1 MJUII M/W 'M/U TT/W W7W SURAIAYA/PANJANG Vwml I w I SIM I su» ni CJMA6A 102/02 tO/Ol
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      228 33 ENG 111 SHIPPING CO PIIIID I MIO»CA ***** JM (10 Uml taxi UIMM/tMWM y- CK Mo: HmtOOOOOC VESSEL VOT SM ETA SM ETD KSTMATION SroCwwl 5/02 12/3 14/3 Om/fMNng Marco Pato 52 B,TO 14/3 15/3 hAnpoa/Sanamlo DmQM 5/02 15/3 16/3 Owo/P Barj W, anon So 8 5/02 15/3 16/3 Jon*
      228 words
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      193 33 VEHB. 1 siwanSl cnnrrA<;o#c T momgla BAWCLAfI Ro6i 165* ?MO 1 »W 2MO JMaMStHM_ IZ Kf» I 21® ttTO JMM St* UK HU I MUftMSMPU MM) WW I >664 Alto acctptlnf FCI CtatalMr to DkaU FOR FREIGHT ENQUIRY PLEASE CONTACT THt FOLLOWING PERSONt:- JEFFREY KOWG (MKT) > ERIK LEt (CUSTOMER
      193 words
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      54 33 RKULAB SH6APORE VgTHAJi SBtVICE msas VOT ETA CTB KSTMATXM TNMKIOI 7/7007 MPOKT 15/03 VUN6TAII/NOI M(M DANG 77 1/7007 MPOKT IS/03 DANANG OUTBI nUT 1/7007 M POtT 10/03 VUNGTAU/M9 ANG4ANG7 7/1007 IS/03 10/03 VUNGTAIt/NOI UN THANH 7/7007 14/03 71/03 NOOMNN AGENTS IMKOV SHIPPING CO PTE LTO MMXTM MLL fIMAPOK *****7 TH-
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      136 33 WBHBKBi g>: ~;>t«>;,y 7_\ y:g BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI Ivcsa I VOTAg IUMWOB TO MUCH oarm mm »ti/ia/D7 31/ox^w SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/00 Apax Toxmt, Singapore *****5 T>l«phan»: 6270 0977 II FocwmaU: 6275 2309 Taluc RS ***** SEAPAC DIRECT
      136 words
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      717 34 1 ■nimiiiiiM I Tl6B ISIAMD HON 1411/03 74 20/03 07-02/04 I 12&ES, Hl 17 23/03 w 3 3 05-04/04 I I UGH 4KE2E H2N 24 24/03 0704/04 0404/04 I ncasmix H3N 2130/03 0m;/04 im3/m I 0202/04 <w n/04 in 4/04 I I~VESSfI VOT MW 155* MO 6F5753 iTT77S 2s-Wb3 I
      717 words
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      523 34 VESSEL NAN VOT SMGAPOtE PORT KELANG OffTTAGONG ETA FTP ETA FTP FTA FTP *»GWTY 04X031 WON 11/03 19/03 20/03 24/03 2»/U I 1 QCWOiWW 07W034 WB) 20/03 22/03 23/03 31/tt 1 1110 "SMS SAT 23/03 24/03 24/03 27/03 OITS 1 1 W1023 WP 27/03 2» 03 21 03 31 03
      523 words
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      61 34 CONFER (S.E.A.) ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTQ SAPPHIRE 2S-20 MARCH 01-05 APRIL DIRECT PCtACOCONVCimONAL SSRVICCS TOvKhn SiOCortnart MkTk QMnJtM. Bort*y K»*J» CotonOo Tukxnn Cocrtr HoCNMrh Hafihong Horrdiong Maria Bangdc* Busar FCL/VCL SwvtcM T« **>— Sy»wy Mafcouma Eur r a
      61 words
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      747 34 iiiiito, rriu<ay, rviarcn id, d? |PDZ LINES MKAWttTOWCJOOjMrWWG rn LTP F 4H 7-<m gmmt 22m U/M guoo ?m w/03 G«!i»22i4^4/MpSr22i4^^ aswn msy 21/03 g<gi 2113 23/03 asm* mo 4 u/u cnum 2200* "u/w 555 lan 'nm «MU*T ***** 25/03 GUOO 2117 21/03 «MWG ***** 23/03 GftiANG 2007 27/03 CMSBIBKI iM
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  • Page 35 Miscellaneous
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      119 35 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers Rain emperature arK j j n knots Cloudy Day Wea,her X 7 Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds J Slight, < 1,2 m -i—One halt fleche represents 5 knots Kff
      119 words
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      140 36 SOUTH EAST ASIA AUSTRALIA NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) The following Lines wish to inform the trade that, having reviewed the bunker prices, they have decided to replace the current Emergency Bunker Surcharge (EBS) of U*****.00 per 20 Ctr/U*****.00 per 40' Ctr with a Bunker Adjustment Factor (BAF)
      140 words