The Business Times, 28 March 2002
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2002-03-28
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The Business Times
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Title Section18 2002-03-28 1 THE BUSINESS TIMES MITA (P) 010/03/2002 S I N G A P.O R E THURSDAY. MARCH 28, 200218 words
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Article77 2002-03-28 1 □an I*7MJ« (+105) ■mh 737J1 (-0.31) ST INDEX FimJKES 1«806J0 (+8.00) snparimjuß 227.50 (+1.60) STOCK MAMET INDICES Wednesday Change KLSE COMP ***** +6.21 NIKKEI 225 —*****.68 +115.76 HANG SENG 10j»8788 +***** SET INDEX S7710 -7.70 JAKARTA COMP _48L29 -038 MANILA COMP 1,403.62 -151 TAIPEI WP1 6,147.75 -9489 SEOUL77 words
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Article66 2002-03-28 1 FOBEX BATES uss s$ US$ (S$ per l'S$) 1.844 £(US$/S$per£)_ L426 1631 EURO(L'S$/S$/E). 0.876 1.616 DM 1216 1102 YEN 1319 7110 RM 3.800 1060 HK$ 7.799 4129 BAHT 4333 2349 RUP1AH 6,198 FUME BATES SINGAPORE* 515 KUALA LUMPUR 6.40 HONG KONG 5.126 JAKARTA 3900 TAIPEI 5.725 TOKYO l J7566 words
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884 2002-03-28 1 Serena Ng - Minority KT&T owners reject move at court-convened meeting and E6M By I Serena Ng [SINGAPORE] Keppel Telecommunications Transportation minority shareholders yesterday threw out Keppel Corp's proposal to privatise its subsidiary with a $1.10-a-share offer the climax of weeks of protests against the controversial884 words
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263 2002-03-28 1 STROLL down Orchard Road this weekend and you'll walk into a carnival of exciting performances, great offers,'lucky draws and fun galore. You'll also be able to pick up a free copy of Saturday's edition of The Business Times at our263 words
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542 2002-03-28 1 Economy poised for rebonnd; no hurry about raising rates Reuter, Dow Jones Newswires [WASHINGTON] Federal Reserve officials say the US economic recovery is gaining strength and that inflation is not a concern, leaving room for the world's most influential central bank to holdReuter,; Dow Jones Newswires - 542 words
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Article, Illustration548 2002-03-28 1 Donald Urquhart - By Donald Urquhart [SINGAPORE] Neptune Orient Lines tumbled into the red for the year ended Dec 31 with net losses of US$57 million. Although turnover was stable it improved 3 per cent to U554.74 billion the group took a big knock from unsustainablyARTHUR LEE - 548 words
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Article104 2002-03-28 1 SINGAPORE shipping industry veteran Lua Cheng Eng (left) is passing the reins of the NOL Group to prominent businessman Cheng Wai Keung. He announced yesterday that he was retiring as chairman of the board of the listed company after 33 years with the shipping and logistics104 words
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Page 1 Advertisements
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Advertisement95 2002-03-28 1 BKSEDE Exoc Suite Fitted offices suit the times. Pg 8 Top Storlos Foreign banks launch shared ATM network. Max* Pmge '■V:* V. CityDev profit down 05% to $41 m. Pg 3 Citibank wont fight on price just yet. Pg 9 r Andersen CEO Joseph Berardino resigns. Pg 19 Corporate profits95 words
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Advertisement9 2002-03-28 1 Greenspan bid to plug options tax loophole, Next Pg9 words
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Advertisement85 2002-03-28 1 Tanker charter a vital growth area for NOI+ Shipping Times Pgl BV LGA R I <» M Mi'( \i' 1 i I I I S v 1 /#J M X if I i I~ i s/ /J v S««e*3»*,. <' /> /</Vf» ir </A< sMIL' .I I II I| II85 words
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NEXT page
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Article, Illustration223 2002-03-28 2 AFP [WASHINGTON] US Federal Reserve Board chairman Alan Greenspan said on Tuesday he supports efforts in Congress to require companies to book stock options on their financial statements the same way they are treated on tax returns. "Are option grants truly withoutAFP - 223 words
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320 2002-03-28 2 ICPAS acknowledges problems faced by banks in valuing financial instruments [SINGAPORE] The Institute of Certified Public Accountants of Singapore (ICPAS) yesterday confirmed that it has deferred the adoption of a key accounting practice on financial instruments and derivatives to320 words
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Article, Illustration480 2002-03-28 2 Quak Hiang Whai - The 3 QFBs will folly tap quota of 5 offcrite ATMs each By Quak Hiang Whai [SINGAPORE] Foreign competition in the banking industry moves up a level today with the start of a new shared ATM network operated by three Qualifying Full Banks. In480 words
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ON THE grapevine
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Article79 2002-03-28 2 LESS than a week after the bespectacled boy with the flying broom hit Russia, Harry Potter and the Sorcerer's Stone has grossed more than US$l.5 million in ticket sales to 415,000 Russians. Pottermania has also descended upon Moscow bookstores, which have been flooded with Harry79 words
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Article63 2002-03-28 2 SEEN huddled in a restaurant near Raffles Place were Fock Siew Wah, of DBS Bank and JP Morgan fame, and former banker Allan Ng. Mr Fock sits on the Temasek and Fraser Neave board, and both Temasek and F&N have a joint venture with Mr Ng in a63 words
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Article232 2002-03-28 2 OUR headline to yesterday's story on Thakral Corp's revamp erred in saying: "Thakral to post turnaround with $208 m full-year profit". The $208 m is a oneoff financial gain. Thakral yesterday said the recognition of this gain from the company's revamp "does not imply that we will232 words
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Page 2 Advertisements
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Advertisement13 2002-03-28 2 Pre® market is solution to faulty accounting, Pg 19 r ii Cn^^Q^^gyjjjj^gyjjHke u13 words
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SINGAPORE companies
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Article, Illustration746 2002-03-28 3 Kalpana Rashiwala - Hotel earnings also a drag group expects better results this year By] Kalpana Rashiwala KWEK Leng Beng's City Developments yesterday reported net earnings of $41.6 million for last year, down 85.5 per cent from $286.7 million the year before. The slideFILE PHOTO - 746 words
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Article, Illustration335 2002-03-28 3 Ling Su Ann - By 1 Ling Su Ann THAKRAL Corporation was the star performer on the Singapore stock market yesterday as its successful restructuring renewed investors' hopes for the company. Its shares rose to an intra-day high of 22 cents before easing to close at 18 cents,Source: Bloomberg - 335 words
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Article578 2002-03-28 4 angela tan - angela tan A LOYAL bank customer is a living annuity, paying dividends year after year. But unlike a generation ago, when most customers relied on one bank for all their needs, many today have more than one bank looking after their business, and even the578 words
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Article, Illustration627 2002-03-28 4 Kalpana Rashiwala - Space vacated by Seiyn; another store in Sengkang to open in Angnst By Kalpana Rashiwala ROBINSON Co will open a 19,000 sq ft John Little outlet at Parkway Parade mall in July. The first-level spot is part of the space now occupied byFILE PHOTO - 627 words
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Page 3 Advertisements
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Advertisement162 2002-03-28 3 ri I V U I I Me* I For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee,162 words
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Advertisement175 2002-03-28 3 LOEWE. I 0 10 2 13-00 I ■MMnHMMHMHHMSMMNMHMHMI m^^^^////^^nmTt mmmmmm^' I ■*****^^^^8 I I I If? I 54,900 <3,600 h" p I -a' JP I ;4* 4 *j I L P>l ~:V-&?w ."r ;h gj£ Jpsv I Aconda shows you what modern television is j I all about. Its Real175 words
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Page 4 Advertisements
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Advertisement145 2002-03-28 4 Steal our cash and I you'll he caught red-handed Most financial transactions arc carried out electronically these Ja\s. Hui !Ik*re .i pom I when sums ol nionev ii.i\e to nh\ Mui 11 hands So how Jo \on make sure thai shoul J aim!, irj -jo w' on o u rc145 words
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Advertisement18 2002-03-28 4 I Lianhe Zaobao I Chinese and foreign I legal eagles I make I Shanghai I the I battleground18 words
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Page 5 Advertisements
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Advertisement94 2002-03-28 5 $438^WrnlM. vx,-.. When it comes to caMng oversees, accept no compromise: Instant connection and dear reception aaeured hi Calls to over 230 destination* The IDD service to offer non-peak rates' to the most popular destinations n. >^***> IPfS&k.V j^P# .3p Jl I EL >J| .> V MA Bw I 494 words
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SINGAPORE markets
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Article, Illustration284 2002-03-28 6 OTHER SINGAPORE INDICES Mar 27 VALUE CLOSE WOm 156.00 ,46.00 TCWW -*****.00 ♦2.00 -*****.00 ♦15.00 472.98 40.45 WMhlBwl 172.40 40.50 1587.88 40.82 MBpMwft— 457.69 41.00 ■Wippwi 226.71 40.44 —OMmii 227.50 41.60 *>C020c 26,229.000 VfcaylndSc 22.*****0 KLW Hkfes 10c 20.872.000 ACE Dynamics20c 19.034.000 ASTIlOc 18.599.000 WTechSc 18,209.000 Stratech 5c 18.136,000 JkjrongTech284 words
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Article, Illustration264 2002-03-28 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan AS widely expected, Neptune Orient Lines announced a significant deterioration in earnings for FY2OOI. The company yesterday unveiled a net loss of U5556.6 million for the year ended December 2001, compared with a profit of U*****.5264 words
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Article, Illustration760 2002-03-28 6 ven sreenivasan - I:l I comment STOCKS ven sreenivasan FUTURES- related selling during the final hour of trading wiped out almost all of the Singapore stock market's gains yesterday. Things got off to a good start, with blue chips rising to their highest levels in a week after760 words
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Article, Illustration562 2002-03-28 6 larry wee - -id comment CURRENCIES Profit-taking on a broad front ahead of Easter break larry wee THE Singapore dollar was forced through S| 1.85 per US$ in early trading yesterday but recovered as a swathe of profit-taking hit currency markets ahead of the Easter break thisSource: JP Morgan - 562 words
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Article2462 2002-03-28 6 UNIT TRUSTS FUNDS Citi Japan 0.8V CrtiBond S pore A/ 1202/ CitiBond Spore B/$ 1227/ AM Mwo Asset Mgt (S'pore) Citi Money Sing DoilarOassB 1.0391/ Star Europe Eqty!* 0801/ Citi Pan-Europe Equity Fund IV Star Europe M 0 954/ CitiSetect Asia Tift Balanced IJV Star Europe Bal 0 874/ CitiSetect2,462 words
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SINGAPORE companies
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433 2002-03-28 7 Offering 3 times oversubscribed on first day of road show on Monday Dow Jones Newswires [MANILA] Amid strong investor demand, Philippine mobile phone company Globe Telecom Inc is nearly doubling the size of its 10year bond to up to US$325 million fromDow Jones Newswires - 433 words
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124 2002-03-28 7 SINGAPORE Airlines chairman Koh Boon Hwee will take a 9.1 per cent stake in Sesdaq-listed Innovalues Precision, the precision engineering firm said last night. The stake, valued at $3.5 million, consists of 3.5 million new shares Innovalues will issue, and 3.5 million124 words
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COMPANY Briefs
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53 2002-03-28 7 Reuters UNITED Engineers yesterday reported a net profit of $14.1 million for 2001, compared with $13.6 million previously. The rise was on an 11 per cent increase in turnover to $442 million. UE expects net profit in the current year to be better thanReuters - 53 words
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92 2002-03-28 7 CONSTRUCTION firm IRE Corp posted a net loss of $8.3 million for the year ended Dec 31,2001 —a sharp reversal from a net profit of $888,000 in 2000. Turnover was down 1.3 per cent to $213 million. The company attributed the poor92 words
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Article50 2002-03-28 7 FDS Networks Group suffered a 72 per cent fall in profit to U*****,000 for the year ended Dec 31,2001. Turnover was down 3 per cent to U5517.06 million. Earnings per share fell to 0.841 US cent, from 3.453 US cents previously. No dividend was declared.50 words
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57 2002-03-28 7 ELECTRICAL goods company Clipsal Industries Holdings announced a 15.2 per cent fall in profit to $11.7 million for the year ended Dec 31,2001, as turnover dipped 3.6 per cent to $197.3 million. Earnings per share slid 2.1 cents to 9.9 cents. The company announced57 words
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69 2002-03-28 7 HESHE Holdings returned to the black with a net profit of $2.8 million for the six months ended December 2001. Turnover improved 5.4 per cent to $35.4 million. Net earnings per share stood at 0.89 cent against a loss per share of 0.6269 words
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Article55 2002-03-28 7 UNIDUX Electronics saw profit dive 60 per cent to $1.3 million last year, with turnover falling 26 per cent to $106.4 million. Earnings per share fell 64 per cent to 1.16 cents, while net tangible assets per share stood at 11.72 cents, a rise55 words
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73 2002-03-28 7 HONG Fok Corporation said yesterday its 2001 net loss shrank 54 per cent to $8.4 million, from $18.3 million. Turnover slipped 9 per cent to $48.6 million. The loss per share was 1.4 cents, compared with a loss of 3.05 cents a year73 words
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74 2002-03-28 7 PACIFIC Century Regional Developments (PCRD) has announced an $87.2 million profit for the year ended Dec 31,2001, after being $628.03 million in the red in 2000. Turnover nearly tripled to $6.73' billion, compared with $2 billion the previous year. Earnings per share cam?74 words
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266 2002-03-28 7 David Boey - Its $24m loss is a sharp n-torn from Sim gain previously By David Boey JURONG Engineering tumbled into the red last year to the tune of $24.5 million a sharp turnaround from a profit of $1 million in FY 2000. But the engineering and266 words
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196 2002-03-28 7 AP SINGAPORE Airlines Ltd said yesterday it will promote Bey Soo Khiang to senior executive vice-president on April l and shift some of outgoing chief executive Cheong Choong Kong's responsibilities to other executives. "These and other moves made last year and in theAP - 196 words
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EXECUTIVE suite
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Article562 2002-03-28 8 VINCE CHONG - Redundant space resulting from consolidation or restructuring and space vacated at short notice pose a new challenge to office landlords, says YDfCE VINCE CHONG SERVICED office operators and office landlords are. at least in the short term, facing competition from a new, cheaper alternative known562 words
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Article, Illustration428 2002-03-28 8 Andrea Tan - 1 the block By i Andrea Tan AFTER three years on the block and for $3.9 million less, an imposing two-storey bungalow at 779 Mountbatten Road has Anally found a buyer at $5 million. But its neighbour a Peranakan-style conservation house at 748—is still hunting428 words
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Article, Illustration644 2002-03-28 8 Thien - GARDENER'S Iffn By' Thien IT bends with the wind but never breaks. And true to its character, bamboo which has long been avoided because of its invasive nature, and especially as gardens here grew smaller is now making a comeback. Despite wifey's love for bamboos,PHOTOS BY THIEN - 644 words
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Page 8 Advertisements
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Advertisement342 2002-03-28 8 For a comparative price of a four-room HDB isj UhmHiml flat, you can buy a landed property in AMtraMas Jtopoty Australia. With the Australian economy Bem«ei Flm* 271 Buttt Umah Rd booming now, it is the best time to invest in T«fc *****430 Australia. Come talk to us at Ray342 words
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Advertisement25 2002-03-28 8 tg3Wf LONDON/PARIS FROM 551,250 (mfc) CHICAGO/NEW YORK FROM 551,850 Y (wrm ONE STOPOVER IN INDIAN direction^^ \Ajr>" (Valid tillls May, 2002) —TERMS AND CONDITIONS APPLY25 words
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SINGAPORE news
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338 2002-03-28 9 Anna Teo - =1 on the economy outlook Byi Anna Teo SINGAPORE'S February industrial output figures show that the electronics industry is still "stuck in a recession", says IDEAglobal. And despite a promising turnaround in the US economy, an electronics recovery is "looking increasingly unlikely", it338 words
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269 2002-03-28 9 SINGAPORE general insurance companies should prepare for a wave of reforms as the industry seeks to become world class and more customer-focused, says General Insurance Association president Law Song Keng. "We have no choice but to change in order to be able to compete269 words
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382 2002-03-28 9 Vince Chong - By' Vince Chong AFTER more than a year, the Urban Redevelopment Authority has finally received a successful application for the 31,602 sq ft reserve site at Lengkong Empat. The reserve price is $9 million or $136 psf for a plot that can yield382 words
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Article, Illustration429 2002-03-28 9 Loh Hui Yin - S'pore itself is a brand, says chief of China's Feiyue By Loh Hui Yin WHEN the president of China's Feiyue sewing machine company wanted to meet business associates from around the world, he chose Singapore as the venue. "Within 48 hours they were here.429 words
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Article, Illustration673 2002-03-28 9 Ling Su Ann - Citibank won't fight on price yet It believes it's doing a better job than its rivals, so rate cuts remain a last resort By\ Ling Su Ann CITIBANK, which is facing tough competition in the consumer banking market, says it will resist competing on price and focus on providing valueFILE PHOTO - 673 words
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372 2002-03-28 9 Tang Weng Fai - s<hso venture to own and operate online debit service By' Tang Weng Fai GREEN Dot Payment Services and BCS Information Systems (BCSIS) have signed a preliminary agreement to form a joint venture to own and operate an interbank online direct debit service via372 words
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Page 9 Advertisements
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Advertisement34 2002-03-28 9 Prime Office Space for Lease Fully fitted out Open concept with managerial rooms, meeting room and training facility room Near Raffles Place MRT Available immediately Attractive rental package ||il£j Debenham M Tie Leung jj34 words
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Advertisement30 2002-03-28 9 ASIAN LUNCH AT asi a n 'TS BEST RESTAURANT•BAR Mondays Saturdays Old Thong Choi Medical Hall 50 Eu Tong Sen Street fnfrancc ct New Mo'ket Road lG 11 6532 600630 words
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Advertisement37 2002-03-28 9 piageT I PIAGET Boutique: #01-11 Ngee Ann City Tower B. 391 Orchard Road. Singapore *****4. Tel: 6732 6831 Authorised Retailers: Cortina Watch Deluxe Eastern Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre)37 words
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EDITORIAL & opinion
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Article, Illustration765 2002-03-28 10 paul samuelson - tSBSBBuBS OPINION paul samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LAT-WP WHERE American economics is concerned, this is the springtime of our contentment. Without doubt the US 2001 recession is over it indeed, there actually wasLAT-WP - 765 words
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Article87 2002-03-28 10 4 I would rather go to jail, if it pleases the honourable minister, than be forced by him to publicly correct a story that is 100 per cent correct' -QwffNjarrta editor of Zimbabwe's independent Daily News. 'It turns out that this case has attracted attention from the87 words
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Article566 2002-03-28 10 EDITORIAL EVEN as Singapore redoubles its efforts to woo foreign companies to list on the Singapore Exchange (SGX), a growing band of home-grown companies are doing the opposite: sallying forth to sell their shares overseas. At first glance, the two trends seem dichotomous, but they566 words
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Article, Illustration1321 2002-03-28 10 Mark Stevens - And it was robbed of that by its consulting work which, like other Big Eight firms, it fonnd too lucrative to ignore By\ Mark Stevens The writer is the author of 'Extreme Management: What They Teach at Harvard Business School's AdvancedLAT-WP; AFP - 1,321 words
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Article512 2002-03-28 10 Time for rospect RARELY have summits of Arab leaders had as much significance as the one beginning today in Beirut. With the pressing issues of Palestine, Iraq and global terrorism, the need for firm decisions by the 22 kings and presidents of the Arab League has never been greater.512 words
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Advertisement201 2002-03-28 10 A Special Joint Promotion THAI Hospitality at unrivalled prices and a whole lot of flexibilities with Roy a! Orchid Holidays Fly Business Class Stay 5 Star Deluxe Hotels BANGKOK $888 3 Days stay inclusive of breakfast and personalised private transfers All part of the premium services of ROYAL ORCHID HOLIDAYS201 words
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MAIL bag
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356 2002-03-28 11 Ivan Tan - Ivan Tan Director Corporate communications Sing Tel I REFER to the article "3 telcos oppose free incoming calls" by Angela Tan (BT, March 23). The article discussed the submissions by telcos to the Infocomm Development Authority of Singapore on the pros and cons of the356 words
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Article481 2002-03-28 11 Andrew Chia Singapore - Andrew Chia Singapore DUE to the economic recession and the apparent lack of liquidity in the Singapore market contributed to some extent by the tougher conditions imposed on the use of CPF funds for direct investments many small listed companies have seen their shares affected by481 words
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181 2002-03-28 11 Saw Kok Wei Singapore - Saw Kok Wei Singapore I REFER to your article "What's wrong when pump prices go up?" by Christopher Tan (BT, March 20). I agree that oil companies are in business to make a profit and that there is nothing wrong with that. However, there181 words
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Advertisement29 2002-03-28 11 ASIAN DINNER EXTRAORDINAIRE asi a n Mondays Saturday. 0 d Thong Cft a i Mr cl ic a i Ha'l 50 l TO'HI SI rt S*rc Tel: 6532 600629 words
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Advertisement193 2002-03-28 11 Uf> ft lL W l~ "|E .J^ JIMmI <V" 3-«£~ i "It's our job to match the right people to each other u r anywhere, anytime. Good thing Sing Tel Meg@POP has 1L« Nation Employment the wide coverage to match us. When a company with service centres located all over193 words
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Page 11 Miscellaneous
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Miscellaneous299 2002-03-28 11 CHVFI'IC CROSSWORD ACROSS 7 Puzzles that are fuN of holes? 1 Up and under? (7) W 9 Bad, if one turns out to be 8 A tnal makes sense (7) genuine (4,4) 11 Tory writing to soldier who's 10 He commonly says there are drafted (9) grounds (7) 14 Make299 words
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REGIONAL news
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290 2002-03-28 12 KUALA LUMPUR Second challenge in week to bad-debt agency's authority AP A SMALL pharmaceutical company has asked a court to stop Malaysia's bad-debt agency from selling its assets, sources said. The move is the second challenge in a week to the agency's authority, raisingAP - 290 words
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Article140 2002-03-28 12 KUALA LUMPUR Reuters v x e/ MALAYSIAN tycoon Tajudin Ramli failed to meet a Monday deadline to pay the state asset manager for rights shares he is required to buy as part of a complex new share sale by his cellular group TRI, a source saidReuters - 140 words
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Article, Illustration728 2002-03-28 12 profile Resilience is the trademark of the Malaysian buyer of Wessex Water Reuters [KUALA LUMPUR] MALAYSIA S YTL group, which on Tuesday pipped larger foreign rivals to buy UK's Wessex Water, belongs to one of the country'! richest corporate dynasties andReuters - 728 words
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NOTE Book
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Article76 2002-03-28 15 Reuters [KUALA LUMPUR] Arab-Malaysian Securities Sdn Bhd yesterday named Mustafa Mohamad Nor as its new managing director. The brokerage, part of financial group AMMB Holdings, has been run by a team for the past few years since the departure of former chief Lee Siang Chin.Reuters - 76 words
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Article69 2002-03-28 15 Dow Jones Newswires [HONG KONG] Top officials from China and Hong Kong yesterday reported making some progress in talks to create a free-trade area between the two economies and Macau, committing themselves to implementing free trade in goods as soon as possible. However, they saidDow Jones Newswires - 69 words
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82 2002-03-28 15 AFX [KUALA LUMPUR] The Malaysian government is aiming to merge all 47 stock brokerages into 12 firms, each with universal broker status as part of the sector's consolidation, but 18 stockbrokers have yet to present their merger proposals to the Securities Commission, VtusanAFX - 82 words
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Article73 2002-03-28 15 Bernama [KUALA LUMPUR) RHB Capital yesterday announced the departure of Yvonne Chia as managing director of RHB Bank with immediate effect. Ms Chia will be on leave from RHB Bank from March 23 until her contract expires on June 20, RHB Capital said.Bernama - 73 words
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Article, Illustration79 2002-03-28 15 AFP [JAKARTA] Indonesia's Parliament Speaker Akbar Tanjung (above) will retain his post despite his current corruption trial, his deputies have agreed. Three of the four deputy speakers decided that Mr Akbar should keep his post and that they would fill in for himAFP - 79 words
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54 2002-03-28 15 AFX [HONG KONG] Bank of East Asia chairman David Li Kwok-po said its employees will have their salaries frozen for another year, adding that he has not ruled out further Job losses, South China Morning Post reported. He said another pay review would beAFX - 54 words
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Article66 2002-03-28 15 Bloomberg [HONG KONGJ CNOOC Ltd, China's dominant ofl&hore oil produce, said profit fell 23 per cent last year after it paid more taxes and sold oil at lower prices. Profit fell to 736 billion yuan (Ssl.7 billion), or one yuan a share, from 10.3 billion yuan,Bloomberg - 66 words
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Article, Illustration447 2002-03-28 15 BEIJING Ratio hits 30% if intl accounting standards were applied Reuters CHINA central bank chief Dai Xianglong has admitted in public for the first time that bad loans of big state banks were higher than official estimates and could be up toReuters - 447 words
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261 2002-03-28 15 I JAKARTA 3-4t mpiah set aside for merger of Bank Universal, Bank Bali and 3 smaller banks Reuters, AFX INDONESIA'S Parliament has approved a government proposal to set aside between three to four trillion rupiah (Sss7o-760 million) to finance the mergerReuters,; AFX - 261 words
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426 2002-03-28 16 Audrey Tan - With 4 mwe acqniaitiuu, it mi majority stakes in 12 le«JiB& outdoor ad companies with presence in 22 dties From. Audrey Tan in Hong Kong A YEAR-LONG buying spree has made Li Ka-shing's Tom.com the largest outdoor media company on the mainland, as the426 words
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356 2002-03-28 16 HONGKONG AFX PACIFIC Century CyberWorks Ltd is likely to lay off more staff this year and the next in an effort to defend its bottom line as the implementation of the full liberalisation of the fixed line sector next year eatsAFX - 356 words
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Article, Illustration582 2002-03-28 16 SINGAPORE Analysts Dip in US chip orders won't dent Asian recovery Reuters A RECENT fall in semiconductor orders from the region's biggest customer, the US, does not dent predictions of a healthy recovery for Asia in coming months, analysts said.Reuters - 582 words
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Advertisement288 2002-03-28 12 TRAVELLING lIMI WWIllll'l ll 552,399 as low as (|HL Free Exclusive P ree Polyc»r^^pea^onferencing jdl ingram POLYCOM- li^liSAlSle I .mi" I 111 I.IM IZ_!_ V 4 \< t? f I how different industries can leverage on each other's knowledge MiXIH Dr.Engelbartisoneof capital for synergy m|MB the most celebrated I Convergence288 words
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Advertisement376 2002-03-28 12 —-frw wo» in 8*22 la the Matter of the Compaaies Act, Cap. St (1994 EdMoa) aad la the Matter of OJL Computer Sytteni Pte Ltd (lacorporated ta tkc Republic of Singapore) NOTICE OF CREDITORS'MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 5* (1994 EDITION) NOTICE IS HEREBY GIVEN376 words
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Advertisement393 2002-03-28 13 fO/I©or sound.vision.sou I 9 mm t JPf fHp&: v- v'■ y 1, g Wi y O > r v h Fji, 41 Sijk F* 1 DVD is now recordable. LI ~"V *i ii' i|X > i<tTll£ 7 Pw- Pioneer DVD now leads the way with the new generation of DVD393 words
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Advertisement60 2002-03-28 14 51 afr your airfare I*j oh your HCKt trif to )fff«Mf* I Fly ANA on any class from Singapore to Japan or USA from 1 April to 30 th June 2002 and get up to 50% off the I airfare on your next trip to Japan on Economy Class! Just60 words
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Advertisement356 2002-03-28 15 A ot l ccs rIVi H '11 i'1 fri 1 1 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 (Atamonded) AND SYNEST SINGAPORE PTE LTD (In Credßon' Voluntary Winding Up) Company No: *****1518W NOTICE OF FINAL MEETING NOTICE IS HERERY GIVEN that pursuant to Section 308 of the Companies356 words
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Advertisement540 2002-03-28 15 LUBPTEITD notice w nam, resolutions NOina! IS HEREBY GIVEN THAT AT AN EXTRAOKDINAIY GENEIAL MEETING OT TK COMPANY DEEMED TO HAVE BEEN KID PUBUANTTO SECTION 179(6) OflflE COMPANIES ACT (CAP 90) AT 331 NORTH HUDGEBOAD, #23-01 ODEON TOWER, SINGAPORE *****0 ON THE ***** DAT OP MARCH 2002 AT 10.00 AM,540 words
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Advertisement166 2002-03-28 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OU PTE. LIMITED (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the members of the abovenamed Company166 words
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Advertisement525 2002-03-28 15 KOKUYO INTERNATIONAL (SINGAPORE) PTE LTD Nona or special resolutions NOIia B HKUBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING EMII)TOHAVl,nN,KLDPWBlAVTTOS «™N>^) OP THE COMPANIES ACT (CAT 50) AT 6-1 -1 OLMAZATO MINAMl. HKASH1NARIKL. OSAKA 527-8686. JAPAN ON THE 19TH DAY OF MATCH 2002 AT 10.00 AM. THE FOLLOWING SPECIAL RESOLUTIONS525 words
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Advertisement1817 2002-03-28 15 11 lICUPSAL Cllpsal Industries (Holdings) Limited I (Incorporated in the Republic of Singapore) Announcement Off Unaudited Results And Dividend For The Year Ended 31 December 2001 The Board of Directors of Cllpsal Industries (Holdings) Limited is nloeiod to GfOUp for th nd d 31 December GROUP I 2001 2000 I1,817 words
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Page 16 Advertisements
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Advertisement1722 2002-03-28 16 2001 Consolidated Financial Statements (in millions of Canadian dollars) I CONSOUDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME S millions, as at October 31 2001 2000 S millions, for the year, ended October 31 2001 2000 1999 Caslfrcsources incom Cash and non-interest-bearing deposits with banks 1,528 S 1 383 c eri1,722 words
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Page 17 Advertisements
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Advertisement184 2002-03-28 17 I I Grand Hilton S«M Mil Book now. Call Hilton Reservations Worldwide Hong Kong 800 96 8391 Singapore 1800 737 1818 ff South Korea ***** 651 1818 Tokyo, Japan Remainder of Japan Alternatively e-mail us at Asiapacres@hilton.com or book online at www.hilton.com Hilton is proud to announce its latest addition184 words
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Article, Illustration1056 2002-03-28 18 Transaction date: Mar 27 MTBRBlig CROSS RATES C$ fcfc to» Or P« W wmni vm mm m mmb m. w um*m* m Artrito 0.139 4J0I 0.603 3.924 1170 4.1* 25.767 50.564 1702 6992 2.004 L2K ***** ***** 0.f74 6.053 0.M3 *494 22.874 0270 0.528 teaii 1*2 5.224 0.719 41791,056 words
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WORLD news
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335 2002-03-28 18 LATEST VJS. INDICATORS Sales, marginally below forecasts, show thriving housing sector Reuters, AFX, Bloomberg [WASHINGTON] Sales of new US homes rose 5.3 per cent in February, reversing a big drop the previous month, the government said yesterday in a report thatReuters,; AFX,; Bloomberg - 335 words
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280 2002-03-28 18 WASHINGTON LAT-WP A CREDITOR'S effort to evict Global Crossing Ltd from a New York site where a fibre optic cable from England hooks into the network of US land lines would wipe out a third of Global's transAtlantic telephone traffic and slash theLAT-WP - 280 words
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WORLD Watch
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Article68 2002-03-28 18 Bloomberg [TOKYO] Japan's upper house of Parliament gave final approval to an 81.2 trillion yen (Ssl.l trillion) Budget for the fiscal year starting on Monday, which includes a record 2.3 per cent cut in general spending. Prime Minister Junichiro Koizumi will now be testedBloomberg - 68 words
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72 2002-03-28 18 NYT [NEW YORK] Hurt by a continuing slide in its investment banking business, Morgan Stanley Dean Witter on Tuesday reported a 16 per cent drop in its fiscal first quarter earnings and forecast no quick rebound on Wall Street. Morgan Stanley posted earnings ofNYT - 72 words
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64 2002-03-28 18 AP [TOKYO] Rolf Eckrodt, the DaimlerChrysler executive sent in to lead a turnaround at Mitsubishi Motors Corp, was named president of the Japanese automaker yesterday. The move, which will take effect in June, underlines the determination of the German-American automaker, which owns 373 per centAP - 64 words
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70 2002-03-28 18 Reuters [LONDON] The European Central Bank will keep rates steady next week, but higher rates are on the agenda for later this year, economists said. In a Reuters survey this week, all 50 economists mm that at its next meeting on Apr 4Reuters - 70 words
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516 2002-03-28 21 NEW YORK Bnt analysts say the longest drop in three decades may end by mid-year Bloomberg CORPORATE profits worldwide fell for a fifth straight quarter, the longest drop in three decades, and a recovery in the US economy may end theBloomberg - 516 words
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Article1600 2002-03-28 18 SICOM FUTURES Mar 27 MNKR Futures (Oostng prices) ISSICttntsAg) Close VoiWM 0m —"fr "M* im Sett Www) btamt Apr 02 17? w May 02 ***** Jw102 ***** Jtf/Sep02 125.75 tSS 3 (US ctotsAqJ Vetaae Ooen Mo t Sett (tan) letertrt Apr 02 mo 550 ■£02 6725 65.00 65.50 16001,600 words
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ENRON saga
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458 2002-03-28 19 Greenspan blames power of CEOs, analysts' too optimistic forecasts NYT ALAN Greenspan, the Federal Reserve chairman, said on Tuesday that the solutions to weaknesses in the corporate governance system exposed by the collapse of Enron Corp rested more with market forces than withNYT - 458 words
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Article, Illustration445 2002-03-28 19 Reuters, Bloomberg [NEW YORK] Joseph Berardino, the chief executive of embattled accounting firm Andersen, resigned on Tuesday as the firm faces criminal charges and farther client defections after its audit of collapsed energy trader Enron Corp. Andersen has not named a successor. Mr Berardino, 52, whoReuters,; Bloomberg - 445 words
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Article3673 2002-03-28 19 Transaction date: Mar 27 for more, go to irwwxisiaoTienmarketsxom HONGKONG icga*. 054 002 9m m W n rf w Htd "68 intertorm Ceramics 0.02 inch (706 'frniHinmnmrrii. n <n WIBankofAsa 1.97 0.08 3883 70S S:S n'S 2J£ nil Jl ang»j Express M 1J7 002 2065 i"« £*2 Nandasoft3,673 words
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Page 19 Advertisements
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Advertisement283 2002-03-28 19 Where to wine, dine and entertain... —r— www.diners.conisg Join us at our Spring Bridal Fair on 30 March 2002 from t 30pm to 4pm and enjoy a Dian Xln lunch, exclusive bridal show by Santiago Wedding Studio and many other exciting programmes. You will also stand a chance to win283 words
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Advertisement36 2002-03-28 19 Hw LOCAL HIGH TEA FAVOURITES Weekdays: $22.80+++ Weekends: $23.80+++ Reservations: 831 6286 Mezzanne C«f« 4 Mr ii»d floor |W1 MdutAtrin m cWyw. aJBBL. sc»*jo» c: SRXSI 333 Orchard Road. Singapore *****7 Tel: 6737 4411 Fax"£732 236136 words
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Article2289 2002-03-28 20 Transaction date: Mar 27 KUALA LUMPUR FfaseriNeave 354 mch 0 Vol SS"** -2-37 0.04 5 KM W- rood) FW Industries .0.35 -0.02 20 Gadana 1.14 -0.01 8 AIM Realty 1.16 0.07 690 Gamuda SJO 0.15 3131 Atrtc 1.88 -001 S3 GanadCorp 1.01 inch 17 ACPIndlstries 3.18 unch 40 GaruTech2,289 words
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Article706 2002-03-28 20 Transaction date:Mar 27 SSL. «i ijoo *«.oio CjpiULand 1J7 1.790 >0020 CXBC 10.00 13.800 4)210 0*rtS«njCond 1.77 4990 -0020 Out 0.47 1750 -0050 OM»ZT*c OK S£2n OJJ 0JC5 *0.005 0J5 ***** KXI( n «n mm j\ttm Dn«p 1U1 ***** SIA 50c 979 ***** *0100 O*>f5oou$s.sfc as* 0715 -0.005 smrtioc706 words
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Article658 2002-03-28 20 BONDS WARRANTS UM MCM tw 'OSK C 2t! AST1W*****1 Hi 3 1541 1 16 6 1.36 27 AanaUd**>***** 3 mh 496 1 SO 430 3J3 32 Amtefc**>***** 713 S.5 4186 1 33 -2 1 50 39 Armstrong VW40S20 45 -1 25 1 10 16 2.70 26 Aa*FoodPW*****2 OlS 1 166658 words
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Page 20 Advertisements
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Advertisement1012 2002-03-28 20 Brilliant I Mawfacttrlaa LMtai (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Brilliant Manufacturing Limited (the "Shareholders") will be held at 21, Übi Road 1, Singapore *****4 on 22 April 2002 at tO 15 a.m. for the purpose of1,012 words
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Advertisement497 2002-03-28 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ANIC PTE LTD (In Members Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of tha abovenamed Company duly convened and held at 29 Leonie Hill *03-02 Horizon Towers-West Singapore *****8 on the 20* day497 words
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Advertisement368 2002-03-28 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SINGTEL GLOBAL SERVICES PRIVATE LMNTEO MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of SINGTEL GLOBAL SERVICES PRIVATE LIMITED held at 10 Collyer Quay *19 08 Ocean Building, Singapore *****5 on 25 March 2002. the following resolutions were duty passed SPECIAL368 words
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Advertisement629 2002-03-28 20 M THE MATTER OF THE COMPARES ACT, CAP 50 (1) METRC REALTY (BEUNG) PTE LTD 0 METRO CAPITAL PTE LTD PI ONUNEBOOM.COM PTE LTD (In Manton' Voluntary Uqudatoon) At the respective Extraordinary General Meetng of the above-named Companes deemed to be held on 20 March 2002 wid 26 March 2002629 words
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Advertisement516 2002-03-28 20 IN THE MATTER OF THE COMPANIES ACT (CHAPTER s*l AND IN THE MATTER OF BRIGHT ARTS (SINGAPORE! PTE. LTD. Incorporated la Singapore > (la Vohmtao Liquidation I Al an h.xtraurdtnary General Meeting of the member, at Bright Am I Singapore! Pie Lid duly convened and held at 42 MatTaggan Road516 words
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Advertisement520 2002-03-28 20 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF RUHf PTE LTD (In Members' Voluntary l.au.dx.ui,) NOTKE Of RESOIUTtoN Al an Extraordinary General Meeting of Ihe merabert of the abovenomed Company duly corwened and held at SO Robimon Road. •1640, MNI bU« OtM} on the520 words
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Page 21 Advertisements
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Advertisement652 2002-03-28 21 JsB^B^Billl^^££iS*iil2s££i2l2£2*S™S22tt2S* /$D\ S ING INVESTMENTS FINANCE LIMITED I (Incorporated in the Republic of Singapore) I V 96 Robinson Road, SIF Building, Singapore *****9. I The Directors of Sing Investments Finance Limited are pleased to make the following lannouncementl I) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2001 I TIH652 words
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Advertisement894 2002-03-28 21 y—v OSim) OSIM INTERNATIONAL LTD -J (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MFFTINO -W 65 A— 1. OSIM Headquarters, *****9 on me ,7 Apri, AS ORDINARY BUSINESS 1. To receive and adopt the Directors' Report and Audited Accounts tor the year ended 31 December 2001 together894 words
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BIZIT
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341 2002-03-28 22 Customers looking forward to one-stop tech shopping, says Compaq's exec VP Reuters [SAN FRANCISCO] The expected chief of high-end computing at the merged Hewlett-Packard and Compaq Computer said yesterday that recent healthcare industry deals for US$3OO million showed customers wanted the one-stop tech shoppingReuters - 341 words
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113 2002-03-28 22 AP [TOKYO] A startup Internet firm which manages music copyrights is undermining the goliath of the Japanese industry and offering copyright insurance to protect composers and lyricists. Web company eLicense Inc. together with Orix Corp and American International Group (AIG), win jointly offer a musicAP - 113 words
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219 2002-03-28 22 Bloomberg (ARMONK, New York] IBM Corp extended its market lead in 2001 in sales of custom semiconductors, increasing a fraction as its four top rivals declined by at least 25 per cent, Gartner Inc said. IBM sales grew 1.2 per cent amidBloomberg - 219 words
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Article99 2002-03-28 22 Bloomberg [ARMONK, New York] IBM Corp introduced its second server computer for telecom companies that runs Linux software and is opening a lab in Oregon to let customers test programs. The ventures are designed to take telecom clients from Sun Microsystems Inc. IBM said. TheBloomberg - 99 words
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Article, Illustration641 2002-03-28 23 Benjamin Fulford - Japan's cool embrace of 36 technology is bonnd to worry companies elsewhere in the world By Benjamin Fulford NTT DoCoMo, a 64 per cent-owned subsidiary of NTT (Nippon Telegraph Telephone), introduced its 3G telephone service in Japan in October and has641 words
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218 2002-03-28 23 AFP [NEW YORK] Online travel bookings are expected to grow to US$B4 billion by 2007 as more consumers and businesses shift to the Internet. Jupiter Media Metrix said 2001 online travel bookings totalled US$24 billion despite a slump after theAFP - 218 words
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176 2002-03-28 23 Judge to hear their evidence on new technologies AP [WASHINGTON] A US federal judge decided to let nine states seeking antitrust penalties against Microsoft Corp offer evidence concerning emerging technologies like smart cell phones and handheld computers. The decision on Tuesday byAP - 176 words
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554 2002-03-28 24 CHEN HUIFEN - M-i Competition is heating up, and S'pore will see a doubling in demand for IP VPNs, reports hub-em CHEN HUIFEN SINGAPORE will see its demand for IP VPNs (Internet Protocol virtual private networks) more than double over the next two554 words
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Article, Illustration758 2002-03-28 24 paul chan - li* comment INFOTECH That's a $2b question fin* the mobile phone market paul chan AS a mobile phone user, should you be paying for all incoming calls, including nuisance calls, spam, and ads pushed to your mobile phone? Or should the onus of payment758 words
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Article3195 2002-03-28 22 TYansaction date: Afar 27 for live prices, log on to urwwjasiaonernarkets. <— a w a. B-a-gg 9 6 ASNAmroNLG 56c 9 14 i» 2 c C ***** 20.5 16.5 19 20 03 4.9 OJ 111 1 117 19 f 525 22 215 2 VS 23J z Z J3,195 words
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Article57 2002-03-28 22 IHOm r«am <£ j. nSL 9** j*Xl MM* Ofcr tlM MM KM Ma ■p I— t—pgr M. rm 1— ■—r tdh, CV Ht «3 T3 I1M0 S10 i Diamond* US***** 6M0 *30 s IS DJ US T«ti US4S00 tvn in MOsSMSOSpor. EST I I 1HI0 *70 s ISSAKOO57 words
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Article733 2002-03-28 22 c rSm m? u, gygL "S S 'St MiK=H S "J J 5 88 I 4 5:SS&z=zz2, NM§ „i u ,S 2 U[<MBi*k5( 12 inti 1353 12 113 115 12 23 45 c AaarMicro 5c 5 863 20 5 W5 19 1, 5 I 1 SI a? «5733 words
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Article191 2002-03-28 22 •STu. J2* .UMQwy GrOh Oh OTM MM MCaf ■r l— r lata *4- H> U» fcr«r l*r Cw m j3 1» 60 95 «6 11 95 93 96 40 *4 10 5 55 2045 720 265 2.1 7.4 6 *****2 Cheing KongSfr HK. 1710 240 63 67 3191 words
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Page 23 Advertisements
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Advertisement708 2002-03-28 23 Cafl toH-Crec 1800 289 8822 FORM 69 (3) (Rules 91 and lOl) NOTICE OF INTENDED INTERIM DIVIDEND IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF ICON MEDIA LAB ASIA PTE LTD (In Creditors' Voluntary Liquidation) Nome of Company Icon Modialab Asia Pl» Ltd Address708 words
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Advertisement356 2002-03-28 23 NOTICE TO CREDITORS AND CONTRIBUTORS OF INTENTION TO APPLY FOR RELEASE (I) DERBY DEVELOPMENT PTE LTD COMPANIES WINDING UP NO. 189 OF 1998 (II) PERFECTION ELECTRICAL ENGINEERING PTE LTD COMPANIES WINDING UP NO. 308 OF 1997 (III) UDL SHIPBUILDING (S) PTE LTD COMPANIES WINDING UP NO. 194 OF 1996 Toka356 words
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Advertisement164 2002-03-28 23 LMiI-R Mll kJ 11 -I' p ViS?t* j?v* H' 1 *y 7 r 5 1 I. The Arl of Dramatic Home Entertainment See. Hear, Perl... like never before! f,, 5 ,7. j T v i v V, i V i n v n f J j j Amazing technological benefits:164 words
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Page 24 Advertisements
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Advertisement292 2002-03-28 24 All over the world, PC users know the name. They also know the number. Microsoft customers can easily dial direct at any time of the day to enjoy immediate customer support. But making customer support instantly accessible to scores of users around the world isn't easy business to begin with.292 words
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Advertisement71 2002-03-28 24 The Strategy 2 International Business Park Attractive rental package Space ranging from 1,600 s<j. ft. onwards Up to 100 Mbps IP connectivity by Sing Tel Close to Jurong East MRT and bus interchange For enquiry, please call Sim Ling at 6583 3250 or 1800-56* 7000. JTC Corporation, The JTC Summit,71 words
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SHIPPING TIMES
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Article300 2002-03-28 25 Reuters THE Baltic Dry Index (BDI) fell two points to 1,084, the Baltic Panamax Index (BPI) lost 10 points to 1,044, the Baltic Handymax Index (BHD shed one point to 7,388 but the Baltic Capesize Index (BCD was up five points to 1,386. TIME-CHARTER: ♦Corona Luck (built 1989)Reuters - 300 words
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Article250 2002-03-28 25 sax 'ooo *n CWT Distribution 0.77 002 71 ChuonHup 0.42 -0.01 54« Cosco Investment—0.24 unch 263 FrotalH Links 0.06 -0.01 72 GBMo4dinoi 0.61 0.01 10 IMC MoK*ngi-HK —5.60 unch 0 JoyaHoMinqs 0-22 unch 901 KoppolCorp 4.06 unch 2804 «W Morlne a 19 -0.01 506 KaaptfTolo 1.13 0.01 3350250 words
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Article, Illustration548 2002-03-28 25 Donald Urquhart - Earnings from NOL's chartering operations np 73% to US$B5 million By Donald Urquhart [SINGAPORE] American Eagle Tankers (AET), described by Neptune Orient Lines (NOL) chief Flemming Jacobs as the group's "hidden shining gem", has offered a glimmer of hope in an otherwiseFILE PHOTO - 548 words
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306 2002-03-28 25 F Cenerini - MAILIBECT F Cenerini Fleet Supt (V Ships Monaco) (25 years of Far East and South America experience. Have seen a lot!) I REFER to the article "Ship alarms may become a must by July 2004" (Shipping Times March 21). My view is that such306 words
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287 2002-03-28 25 Gates at shipyard broke, causing sea water to rash in AP [DUBAI] At least five people were killed and 31 missing after the gates at a Dubai shipyard broke yesterday, causing sea water to rush in and flood the area, policeAP - 287 words
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243 2002-03-28 25 Long-term contract will help talks to sell auto-transport business Bloomberg (SEOUL] Hyundai Merchant Marine Co expects to sign a contract to ship autos for Hyundai Motor Co in April, which would make the auto-transport business of South Korea's largest shipping line more attractive toBloomberg - 243 words
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CRUISE mergers
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Article, Illustration1077 2002-03-28 26 Athorough regulatory review of the competing bids by Royal Caribbean Cruises and Carnival Corp for P&O Princess Cruises will mean that hundreds of boxes of documents will be produced before authorities on both sides of the Atlantic are satisfied that the deals will not hurt competitionMiami Herald; FILE PHOTO - 1,077 words
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Article134 2002-03-28 26 PACE FoongSun 5 Appensfup 5 Fl 4 BSA 6 Fujitrans 6 B'tmgMas 6 Cemartram 4 CMACGM 3 H *XJ'' 4 COSCO 3 Columbus 5 Heung-A 3 Central Ei 4 Wwuii 5 Chin* Shpq 5 IRISL 5 Cougar 5 KienHung 5 i CWTGlotoelm* 6 6 Detmas 4 KMT134 words
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Article12685 2002-03-28 30 THEBUSINESSTIMES thebusinesstimes EXPORT ETA CTA Advartisaf Vassal Voyaga Talaphona ETA ETA Advwtlsar Vassal Voyage Talaphona *"1 WLJfm W» To APIA (APW) 2022 Samoa To ABIDJAN (ABJ) 2003 Cot* D'l voir* (M/04 n/os cotumous no nedlloyd hawke ms 45-*****522 04/04 05/05 Dalmas HYUNDAI FEDERAL 334W 45-*****344 n/04 24/05 Columbus12,685 words
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SHIPS IN PORT
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Article622 2002-03-28 33 Vassal Voy No Berth Arrival Depart art »5565 T 27/03/6:35 37/03/13:00 "■*"55? H! 2 3 J" 27/03/755 27/03/22*0 S»IT2£h "51 27/03/1*0 27/03/23:00 £2? X2 27/03/6:8 27/03/23*0 27/03/6*5 27/03/22*0 KSL 27/03/7*5 27/03/8*0 -»°*3 J02 27/03/10*0 27/03/2339 w£?£??, J02 27/03/9:50 27/03/23:59 *2 27/03/9:40 27/03/2339 J0 27/03/9*0 28/03/10*0 frPJ** 1 j*622 words
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Article1816 2002-03-28 33 RECEIVING OF EXPORT Fa CONTAINERS AMD LCL CARGO Boofcinq/BiUnct Rstts VoyWo Etb/Btr Ptrio< Frew To Proa acj smn 4Mw a/too m tt/noc ww 24/1*00 2A 24/1700 nwn 77/0*00 a 24/1700 27/0*5* 27/0900 3 77/0700 27/18* 77/MOO tLUtU,A 2 T aflWO MJfeoO 2MH 26.>»C a TtftTOO 27/0*5* 77/0900 7*1,816 words
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Article200 2002-03-28 33 March 29 Singapore: Good Friday Australia: Good Friday Canada: Good Friday France: Good Friday Germany: Good Friday Hong Kong: Good Friday Indonesia: Good Friday New Zealand: Good Friday Norway: Good Friday Philippines: Good Friday Sweden: Good Friday Switzerland: Good Friday United Kingdom: Good Friday April 1 Australia: Easter200 words
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Article777 2002-03-28 33 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual777 words
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Article434 2002-03-28 33 tmtm 180 Mu 991.9 0.4 is J 43 033 »w*t krnmrnm iiawin NO MOW izs 20 1000 380 WJ 02 M.0 0.06 26 0.02 bw 380 Mb 9912 0.4 173 0.06 SO 0 03 M/>r> »'AI %IKH %II/M mm* No Mom 635 1 0 0 0434 words
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AIR & LAND transport
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Article, Illustration314 2002-03-28 34 Number of commercial airline crashes was 36, down from 51 in 2000 Reuters [WASHINGTON] US commercial airline disasters killed 530 people last year with half the victims from the four planes hijacked on Sept 11 and the rest killed when an AmericanReuters; AFP - 314 words
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Article, Illustration372 2002-03-28 34 AP [SEATTLE] The US Federal Aviation Administration (FAA) has proposed fining Boeing nearly U*****,000 for allegedly failing to maintain certain quality controls, mostly in the mid--*****. In a statement issued on Tuesday, the FAA accused the company's Seattle-based commercial airplanes division of violatingAP; AFP - 372 words
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175 2002-03-28 34 Dow Jones [ATHENS] Transport minister Christos Verelis said that Greece's troubled staterun airline, Olympic Airways, may require further flight reductions to avoid bankruptcy. The warning follows an angry response by Olympic staff and affected communities to a previous round of flight cuts. "WeDow Jones - 175 words
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Article247 2002-03-28 34 Accord expected to boost NZ aircraft manufacturing and maintenance industry Reuters [WELLINGTON] New Zealand Prime Minister Helen Clark yesterday signed an aviation safety agreement with the United States, a move which she said should boost New Zealand's aircraft manufacturing and maintenance industry. Ms Clark,Reuters - 247 words
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227 2002-03-28 34 Reuters [CHICAGOJ UAL Corp, parent of United Airlines, said it will take an after-tax charge of US$45 million to US$55 million in the first quarter to account for the recent shutdown of its Avolar fractional jet subsidiary. In a filing withReuters - 227 words
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Article, Illustration424 2002-03-28 34 Some creditors had demanded group's liquidation Reuters, Bloomberg [SYDNEY] Creditors of the 36 companies in the failed I Ansett group approved a plan yesterday for a deed of company arrangement, which would allow operations such as Kendall airlines to continue while administrators try toReuters,; Bloomberg; REUTERS - 424 words
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204 2002-03-28 34 Bloomberg [GUANGZHOU, China] China Southern Airlines, the country's largest carrier, may raise as much as 3 billion yuan (*****.5 million) in its first share sale to domestic investors, seeking to finance expansion. The carrier, which is buying five Boeing Co aircraftBloomberg - 204 words
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Article1741 2002-03-28 34 ww n> man tit lh»tm 1535 orc 2250 8*7381 1930 8*7382 2050 S0325 1535 W9763 2350 WD $m mo LHTT8 T700 S0336 2350 *M«fM ***** 0655 GA974 0130 M***** 1700 LH779 2359 W.837 1545 KIS38 2300 S***** 1700 N***** 2359 S024 2345 *****6 M?00e 2359 man1,741 words
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Page 25 Advertisements
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Advertisement54 2002-03-28 25 NOL posts USss7m loss, hit by slowdown in world trade MAIN PAPER, SINGAPORE COMPANIES Cl'CldXL-iT It L, f~" 4 CLSI! \'L-CLL' Company deed Proposed mergers gets flnsett with P&O Princess: creditors' nod A sea of paperwork BACK PAGE P46f 2 I hinking about penetration, exposure, results? il il.ihnul !»iiic|;i[)ou.'':, rii.ititinic.*54 words
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Page 26 Advertisements
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Advertisement472 2002-03-28 26 I NORTH AMERICA <F]j QULF/INDIA SUB-CONTINENT ~|l wu>BHHinmjttxpwßtt(sax) imw.r irnnmni iwrm m niTi] J 1188 pm vijsa fcrt JU mm d I ooa JAPAN S7WIO HITS 31/03 of/04 m I ooa NrmauNDs 35*11 20/03 07/04 00/ m poo wuctomaucca mi jo/oj 21/w 23/13 ji/w I OOamTMN 40*12 27/03 14/Q4 KDUOTI472 words
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Advertisement61 2002-03-28 26 WORLDGATE EXPRESS LINES PTE LTD 180 C*l ttrMft, *16-03*>4, Bangkok Bank BuMng, S*por» *****8 Hk Tal: *****911 Fax: *****073/*****863 Email: wgateombox2aingnel.co(n^g WEBSITE: http //www. worldgate com sg Chittagong I COLOMBO 1 28/03 I Karachi karachi/lahowe 29/03 Bombay^^^Ri a( j ra MADHAMwa *^^°E w,aarH2> BOMBAY 28/03 I|llBl CHTTOQONQ/DHAKA 27/03 \llfev NHA7A61 words
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Advertisement613 2002-03-28 26 Unes services represented by kmMS Members of (he Registry of \MSSfJI Accr dHlßd Shippng Agents, Singapore Shipping Association Ss» vßsa vwr Tin Teu fin R KLANG STOW HALE Empress Lily 0202 02/04 03/04 11/04 Princess lily 0402 19/04 20/04 28/04 Empress lily 0302 06/05 07/05 15/05 11 I M DO613 words
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Advertisement7 2002-03-28 26 f Members of the Singapore Logistics Association7 words
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Page 27 Advertisements
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Advertisement1048 2002-03-28 27 TO USA (SAX SBtVKE) rasa voy sin ha uu oak dal hou om coi mem mi hyc A*H"*UM 1031 03/04 11/04 23/04 23/04 23/04 23/04 34/04 23/04 25/04 25/04 AM HOUANO 1071 10/04 25/04 30/04 30/04 30/04 30/04 01/05 30/04 02/05 02/05 Afl EH6UNP 109t 17/04 02/05 00/05 04/0$ 00/051,048 words
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Advertisement1473 2002-03-28 27 MKT CM& TO coioaao k T/T t S MTI tcOTM Swlpwwc'wi in SSffiU REST no. WW. jjmjg JggJVJ. Jggm £%>£ COWVHITIOWAI M*****1/ISO *23*5323/73 W-5"*»W mk/tsw ON m M m at n n n un nm nommnmmmmnmmm, tst COSCO SJHGAJOtf /W?l 31/03 M/D4 At TU m/ru 11/D4 1 1/0413/04 OA) HE1,473 words
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Advertisement756 2002-03-28 28 (||> WEEKLY EXPRESS SAILING SCHEDULE I'.'fflM ALSO ACCEPTMG TO Ail NORTHERN ANO WESTERN ICO POINTS pcl to coom, nmcoMi Colombo a kanola nheva sheva I w® i—j limrii miwi mm tvtt I a*4_JOLMBH_ I Munich m n/nmt n/»mi ntn mum aawi «M» I *ssK*nni« mi tm "VufT "sTitfT "WK mSa756 words
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Advertisement1296 2002-03-28 29 [VKSiI VOY KHM HKO I SIN PKi I DXI 1 IA» DMM WT~ IRAN TEHRAN PCI-252 23/03 27/03 30/03 31/03 07/04 00/04 10/04 12/04 MVUNOAVU PCL-253 01/04 03/04 06/04 07/04 14/04 15/04 17/04 19/04 IRAN KEftMAN PCL-254 00/04 10/04 13/04 14/04 21/04 22/04 24/04 26/04 KAN ISFAHAN PCL-255 13/04 17/041,296 words
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Advertisement674 2002-03-28 29 I 5» HH SB m MM m SB mi !H3 S3} gzM— ub 2im urn ■ESS??-! 4*513® I*/(H— PACMNUM 9144 13/64 16/04 jasmi ii/M a/04 +US H7i* ~h)S mvi SE Si rm JOLI KM HZH ii/M ffTmflm n/sa n/M -U9L2 52/54 03/04 *T JOANNA Nst M/ 04 M/ 04 KlttHMl674 words
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Advertisement10 2002-03-28 30 Read Reviews of THE LINER SCENE Every Fortnightly on Mondays10 words
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Advertisement230 2002-03-28 30 i BSA MYANMA pittL five star une vissa vot sa m m poi ■ON6U «W su OMSMWIMW J4W su ■matsia Marrv oousteao shtpmg agbkxs ML TH 03-***** M ftL TH 03-317M101 Wfc TH 04-MIMM K«c TH 07-*****21/4 tg| BANK LINE (A Mnrka Aadrew Wair SMppM|) I NOKTHIOUNP TO fUHOwT" coNiiaa,230 words
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Page 33 Miscellaneous
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Miscellaneous120 2002-03-28 33 legend- Service Singapore K Thunderstorm Showers X\ Rain Ure C (J Wind direc,ion and speed in knots Cloudy Day Weather X Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds 1 I Sliohl, 1 2m ■L—One half fleche represents 5 Knots120 words
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