The Business Times, 6 January 2003

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Microfilm: NL24932
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES SINGAPORE interne.: hUp://business-times.asial .com.sg MONDAY, JANUARY 6, 2003 MITA (P) 010/03/2002 85C
    15 words
  • Article, Illustration
    Lock icon Lawyers hit by worst shakeout in decades
    801 1  -  Downturn in economy, fee cots, entry of foreign lawyers take toll By < Catherine Ong [SINGAPORE] The legal profession in Singapore is going through its worst shakeout in decades. They have lost more members than they have gained in the last four years,
    801 words
  • Article
    Lock icon Fed officials optimistic about US economy
    643 1 They expect slow, steady growth past a soft patch Reuters [HARTFORD, Connecticut] Two top Federal Reserve officials on Friday sounded notes of cautious optimism on the so-far sluggish US recovery, offering a picture of an economy limping into the new year bloodied but unbowed.
    Reuters  -  643 words
  • Article
    Lock icon US firms account for 12% of S'pore GDP, 6% of work force
    665 1  -  62% of jobs provided are in the manufacturing sector, survey finds Byi Chuangg Peck Ming [SINGAPORE] American multinational corporations account for almost 12 per cent of Singapore's gross domestic product the third-largest GDP contribution by US MNCs worldwide,
    665 words
  • Article
    Lock icon MARKETS
    64 1 Week Change sn uaua -165 KLSECOMP 633 SO .|«J® NIKKEI m &67S* ***** HANG SENG I36i» SET INDEX »7fl «0?S JAKARTA COUP -Kfiil -17.43 MANILA COMP JJ9! IJi -Ml taipei wpi asua -7900 SEOIXCOMP ***** *ll& SHEXZHEN H 1*19 440 AIYT ALLOW) 10t»7# .34JO DOW JONES HI01 B_'S9TSI NASDAQ
    64 words
  • Article
    Lock icon FINANCE
    75 1 FOfKX RATES Ut| SI ISSfSSprrlSSl 1744 Efl'S&'SSprrtl- JM3 177* H RO(l «S$T) I0M 1W7 YES iaw MM KM 8 WO 1175 HKS 7 7W 4 47* HAHT «U» 24 CT RIPUH .1JU6 »l« PVHME RATES Singapore- us Kt ALA UHP1H 14* HONG KONO 5 WW JAKARTA B TAiPQ «5W
    75 words
  • Article, Illustration
    Lock icon They heard, they came, and they borrowed $100m
    248 1 [SINGAPORE] POSB garnered an impressive portfolio of more than $100 million in HDB loans yesterday as over 1,000 applicants queued up since dawn at its 18 branches to capitalise on its offer of a special fixed rate for the first year. The
    ARTHUR LEE  -  248 words
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  • NEXT page
    • Article, Illustration
      Lock icon Will India go China's way?
      942 2  -  nTicomment ECONOMICS Maybe, but it's time to view the Indian economy through a different lens vikram khanna OF all the economies in Asia, India's has probably been the most under-rated in recent years. Even as recently as the mid--*****, few observers foresaw that India would
      942 words
    • Article
      Lock icon No call on when US recession ended: Panel
      298 2 Reuters [WASHINGTON] The US recession probably ended in late 2001 but there is no formal call yet on when a recovery might have begun, the head of an elite economic panel said. "We're on hold now," said Robert Hall, chairman of the
      Reuters  -  298 words
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      336 2 SEMINAR Getting Ready for Quarterly Reporting The Pan Pacific Hotel Pacific Ballroom, Level 1 7 Raffles Boulevard, Marina Square, Singapore *****5 Friday, 17 January 2003 8:30 am to 2:30 prn (Registration begins at &30 am. Seminar starts at 9ioo am.) The Singapore Exchange requires companies with a market Seminar Leaders
      336 words
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  • CHINA focus
    • Article
      Lock icon SGX losing its appeal for China firms?
      771 3  -  The long wait to list on Chinese bourses could disappear, so SGX needs a winning formula to get them to stay put, says Lob Hoi Yin Loh Hui Yin INGAPORE is a 1 parking lot for Chinese companies. We will not V j
      771 words
    • Article, Illustration
      Lock icon Zhu rules out yuan devaluation in country's interests
      400 3 Bloomberg, Reuters, AFP [BEIJING] Premier Zhu Rongji has ruled out devaluing China's currency, saying Beijing's current policy was in the interests of the country, state press reported yesterday. "To stick to the policy is in the interests of our country," he said,
      Bloomberg,; Reuters,; AFP  -  400 words
    • Article
      Lock icon Global retail giants go to China for cheaper products: report
      312 3 AFP [TOKYO] The world's retail giants, including Wal-Mart of the US and France's Carrefour, have been setting up bases in China to procure products at low costs there, a press report in Japan said yesterday. "The international mass marketing of
      AFP  -  312 words
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      72 3 Wf GENEVE w.. OWaster 1 200 MC L LONG ISLAND J MASTER CALENDAR MOON COl LECTION (/0tnT)I SELF-WINDING MOVEMENT WATER RESISTANT TO 3O METRES vV > S i N C E R E SINGAPORE M.I V. r f.ll > If I '1 u Ml MALAYSIA SIIRIA hi ft SHOWING( rjTKr
      72 words
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  • SINGAPORE companies
    • Article
      Lock icon Will bonds, commodities enjoy another bull run?
      520 4  -  lock siew neil behrmann THE unpublicised bull markets last year were bonds and commodities and the big question is whether they will outperform shares again this year. But it is difficult to predict this until the outcome of the situation in Iraq becomes
      520 words
    • Article
      Lock icon Lum Chang makes cash offer for LC Dev shares
      304 4 PROPERTY firm LC Devel opment (LCD) is set to be the latest company to be delisted from the Singapore Exchange, after its parent Lum Chang Holdings (LCH) announced that it is making a cash offer for all the remaining LCD shares
      304 words
    • Article, Illustration
      Lock icon Dec worst month for S'pore bourse in '02
      505 5  -  Trading volume down 24% from Dec '01, while in v&lne terms, it fell 51% By Ven Sreenivasan IF you needed confirmation that December produced the "dog days" for the local bourse, you need look no further than the month's trading figures. Not
      Compiled by BT  -  505 words
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      704 4 Asia's premier law firm Global vision, local expertise CLIF F O R D CHANCE WONG For enquiries, please call (65) 6416 8000 Amsterdam Bangkok Barcelona Beijing Berlin Brussels Budapest Dubai Diisseldorf Frankfurt Hong Kong liondon Ixm Angeles Luxembourg Madrid Milan Moscow Munich New York Padua Palo Alto Paris Prague Rome
      704 words
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      675 4 mm Nat Steel NATSTEEL LTD (Incorporated in the Republic of Singapore) Option II: Continue to Hold Nat Steel Shares If you wish to continue to hold your Nat Steel shares, you need not take any action in respect of your Nat Steel shares. As stated in its announcement dated 22
      675 words
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      418 5 Make the Km San Diego 1r.'.l Connection SAn dieoo smrc unrvKßsrrY For a Finance Programme of High Esteem MASTER OF SCIENCE IN BUSINESS ADMINISTRATION (FINANCE) An Innovative Programme from San Diego State University (SDSU) Renowned University Ranked within Top 15 international business programmes (Source: US News World Report) Ranked one
      418 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      313 6 OTHER SINGAPORE INDICES Jan 3 VALUE CLOSE BTOB/OS 83.00 +173.00 IT CADI -*****.00 +121.00 OT10-4ayMA -*****.00 +9.00 349.66 +0.99 SGEqaftfesEfcct 121.74 +2.19 SGEqtritfcsFIa 1183.40 -3.50 SGbiaMMPrap 320.85 +5.07 KBCIShppm 164 06 +0.07 SMSCtFatam 164.50 +0.30 8j»d» W— Chart SemiCond 26c 61.571.00C MuftiVtS HK7c 56,420,000 LAM lc 50.502.00C Asia Dekor HK15c
      313 words
    • Article, Illustration
      Lock icon Time for investors to focus on F&N's fundamentals
      299 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan RECENTLY, BIL International Limited announced that it had sold 391,000 shares of Fraser Neave at $7.80 each. What is particularly significant in the announcement is the fact that the sale now brings BlL's stake in the
      299 words
    • Article, Illustration
      Lock icon Stay sceptical—at least for Q1
      836 6  - Stay sceptical —at least for Q1 I-id comment STOCKS r. sivanithy IN Saturday's column, we raised the strong likelihood that history will repeat itself as far as the stock market is concerned. This much is certain the market either goes up, down or drifts sideways, patterns which have all occurred
      836 words
    • Article
      Lock icon US dollar mixed in holiday-shortened week
      624 6 New economic data dne out may revive investor interest in Anssie dollar AFP [HONG KONG] Fears of a war in Iraq and quiet trading over the New Year holidays saw a globally weak dollar fail to make much impression on Asian markets last week.
      AFP  -  624 words
    • Article
      Lock icon Market Notices
      92 6 WahShing International Holdings Ltd will hold its Special General Meeting on Jan 20,2003, at 9.00 am, Turquand Room, Ernst Young Professional Development Centre, 10 Collyer Quay, #06-05 Ocean Building. Hong Leong Singapore Finance Ltd will hold its EGM on Jan 25,2003, at 10.30 am, Meeting Room 1, M
      92 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    41 6 UNIT TRUSTS FUNDS LEGEND- AlprmaranftcMrwocffrtfor*;* U Mnggit AaMs MnvnMM; I M«nm(y tecund; S Lownr HWi: law «o •Mum tak: 4 Madwm to High tafc. tfighar tak. apan-vidad; Mora nfedkHa* of units. Aflw ajbdMaon at unHs SP star Undi ILA-Hon Hoor MorSso.flS
    41 words
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  • SINGAPORE news
    • Article
      Lock icon Mariners suggest likely cause of collision
      545 7  -  Failure to observe rules of the sea may have cansed navy ship and container vessel to collide By l George Joseph AS search and rescue operations continue for two missing navy personnel, mariners point to a failure to observe rules of the sea as
      545 words
    • Article
      Lock icon Domestic demand seen as Asia's buffer
      514 7  -  =M =t on the economy GDP By y Ven Sreenivasan WHEN global demand falters, trade slows and deflation threatens, countries which are able to fall back on a sizeable domestic consumption base generally do better than those which can't, according to a study by
      514 words
    • Article, Illustration
      Lock icon S'pore ready to ink Pedra Branca pact anywhere
      418 7 FOREIGN Minister S Jayakumar said yesterday that Singapore is prepared to sign anywhere in the world the agreement to bring the Pedra Branca issue to the International Court. He was responding to Malaysia's rejection on Saturday of Singapore's proposal that the signing
      FILE PHOTO  -  418 words
    • Article
      Lock icon Foreign incorporated firms: what are the risks?
      271 7  -  bag Ang Hao Yao Singapore I HAVE noticed that in recent years, there has been a large increase in the number of foreign incorporated companies listed on our stock exchange. For example, there are DMX, BIL, TPV, Del Monte, Multivision, People's Food and
      271 words
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      78 7 v. Iml j ,fllH ■*;•>' -.vlgXH^^^H x \\l J? \> WW /T Vv Ii I I// z/' '^jjjjSßß^^B \v V I I ill// Wlf j ■\\l/ I H// s y- t'^BBBMi \f I I '--^isilii J/ 7 *'> *w |flf L J L if i v -4 For more details
      78 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Malaysia must sing a consistent tune
      641 8  -  l I comment KL STOCKS While a regime to attract foreign investments has been established, the government has also made some policy slip ups eddie toh MALAYSIA has had an uneven track record in sending the right signals to foreign investors over the years.
      641 words
    • Article
      Lock icon Protests mount over Indonesian price hikes
      461 8 JAKARTA Unions plan strike on Jan 9 amid call for scrapping the tariff increases AFP, Xinhua OPPOSITION was growing in Indonesia against the government's recent series of price rises with politicians calling for their immediate cancellation and others warning of possible violence. "The decision
      AFP,; Xinhua  -  461 words
    • Article
      Lock icon China's forex reserves hit US$286b, up 35%
      150 8 Reuters CHINA'S foreign exchange reserves surged 35 per cent in 2002 to U*****.4 billion, figures sourced to Premier Zhu Rongji revealed yesterday. "The foreign exchange reserves, which were only US$2l.2 billion at the end of 1993, reached U*****.4 billion at the end 0f2002,"
      Reuters  -  150 words
    • Article
      Lock icon KLSE gets tough on ailing firms, delists 16 counters
      237 9 KUALA LUMPUR Bloomberg PROMET Bhd and 15 other stocks with a combined market value of RMBOO million (***** million) will be dropped from the Kuala Lumpur Stock Exchange as regulators get tough on ailing companies. Malaysia has been prodding debt-ridden companies
      Bloomberg  -  237 words
    • Article
      Lock icon 6% urban Chinese in extreme poverty
      260 9 BEIJING 20m urban dwellers receive only 61 yuan per month from govt AFP SIX per cent of China's 320 million urban residents live in extreme poverty and receive on average only 61 yuan (5512.8) per month in government aid, state media reported on Saturday.
      AFP  -  260 words
    • Article
      Lock icon Taiwan carrier granted historic China air links
      400 9 TAIPEI Its flights would be first in China since '49, marking hope for bilateral ties Reuters A TAIWANESE airline revealed a breakthrough in transport connections with China on Saturday, saying it had been granted rights to fly charter services to the mainland during
      Reuters  -  400 words
    • Article, Illustration
      Lock icon HK more competitive than Shanghai, says survey
      297 9 HONGKONG Bet tkeCfcieeee city will prebaMy catch npbufactodgfctyaan Reuters HONG KONG is more competitive than Shanghai now, bat both Chinese cities will probably be (Hi a par in about six to eight years, a survey of top executives has found. Respondents were asked
      Reuters; XINHUA  -  297 words
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      108 8 I |i*ai I r In I v h|| "TI "•»^g^ w» ||L Jjr caltex F ggglft I M V (masters v;<? fljk Winning a Laguna Club membership* Just spend S3O on Vortex in January and you can play in the Caltex Mini Masters. Tee off at stations** by filling out
      108 words
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      Lock icon Page 8 Advertisements Column 2
      25 8 nn^n Lianhe Zaobao I Red chips I fail I to shine I I in Singapore despite I I I I I I IRcWB? I I
      25 words
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      20 9 MB Contact "Emkay Europe Consultants" Tel: (31) 20 494 1192 Fax: (31) 842 131 728 JEmail: EmkayEurope@netscape.net ff* Emkay_euro@hotmail.com %Jj
      20 words
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      Lock icon Page 9 Advertisements Column 2
      389 9 The NUS MBA is designed for candidates with outstanding potential for commercial and government organizations. It emphasizes business relevance >J P and program quality in a setting that fosters individual growth and development. t ™I A practical learning approach which prepares students for positions with significant decision-making responsibility. JUSI d
      389 words
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  • WORLD news
    • Article, Illustration
      Lock icon Bush agenda cluttered with many conflicts
      701 10 WASHINGTON Looming war, threats of terrorism, shaky consumer confidence weigh down economy LAT-WP AP SELDOM has so much uncertainty been in the air, both domestically and internationally, presenting President George W Bush and the incoming Congress led by his Republican Party with an abundance
      LAT-WP; AP  -  701 words
    • Article
      Lock icon Venezuela strike keeps oil prices volatile
      873 12 COMMODITY WeeklyRoundup AFP (LONDON) Most commodities markets had a quiet start to 2003 in holiday trading last week, though oil prices had a bumpy ride as worries about the impact of a month-old strike in Venezuela kept traders nervous. Better-than-expected data published by the
      AFP  -  873 words
    • Article
      Lock icon Investors hope US data will spur Wall St rally
      448 13 NEWYORK All eyes on service sector report to confirm Thursday's manufacturing data was no fluke Reuters US stocks could get a boost from positive economic signals this week as the trading year begins in earnest, but fears over international trouble spots
      Reuters  -  448 words
    • Article, Illustration
      Lock icon Gephardt joins ranks of 2004 US presidential hopefuls
      396 13 WASHINGTON AFP THE field of Democratic presidential hopefuls got more crowded on Saturday, when Congressman Richard Gephardt of Missouri announced his intention to run for president in 2004, promising to lead the country to "a safer, more secure and more prosperous future".
      AFP  -  396 words
    • Article
      Lock icon NASD plans action against ex-Merrill star analyst
      260 13 WASHINGTON Reuters THE market-policing National Association of Securities Dealers is preparing to take action against ex-Mer-rill Lynch Co star research analyst Henry Blodget, sources familiar with the matter said on Saturday. The NASD recently notified Mr Blodget of possible enforcement action and gave
      Reuters  -  260 words
    • Article
      Lock icon Bush's trade agenda faces difficult tests this year
      592 14 WASHINGTON Trade officials hope for success on WTO agreement, among others Reuters US trade negotiators must clear a number of difficult hurdles this year to achieve their goal of concluding two major new trade agreements by the end of President George W
      Reuters  -  592 words
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      2700 10 Notices FRASER AND NEAVE, LIMITED m| (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of members of Fraser and Neave. Limited (the 'Company') will be held at Level 2 Alexandra Point. 438 Alexandra Road. Singapore 1 ***** on
      2,700 words
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      863 10 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of INTERMODAL TRANSPORT PRIVATE LIMITED (In Members' Voluntary liquidation) Al an Extraordinary General Meeting of the members of INTERMODAL TRANSPORT PRIVATE LIMITED duly conwned and held at 6001 Beoch Road RUOI Golden Mile Tower, Singapore *****9 on
      863 words
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      698 10 IN THE MATTE* Of THE COMPANIES ACT. CAP 50 AND IN THE MATTE* Of TIAN SHEN HOLDINGS PTE LTD (in Members Voluntary liquidation) Al on Eidroofdinory General Meeting of lh* members ol TIAN SHEN HOLDINGS PTE LTD duly convened and held at6ool leodl Road 14-01 Golden Mile Tower, Singapore *****9
      698 words
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      312 11 RECEIVE THE HIGH€ST WITH UOB r FOREIGN CURRENCY i v -v.,.-. FIXED DEPOSITS With UOB Foreign Currency Fixed Deposits, you'll enjoy the highest rates 1 and the flexibility of tenures as short as 1 week on amounts as low as SsB,ooo. And with your deposits, you'll also receive an additional
      312 words
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  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    765 12 FINANCE COMMODITIES Week ended: Jan 3 SDfQAPORE QOYERMMEirT SECURITIES DIPICATITE PRICES AMP YIELDS Me* Mca TwC—»■ Mrtwttf Ut» Y T M m Hf ftwCww Mrtwltf Ml Y TII 1 Ww 5 YR 4.125 0Heb-03 N*****0T 127* 0.575% 100.20 100.25 5YR 4.000 OIMw-07 II*****0E 1.7®% 1.75% 108.85 108.95 7YR 2.250 Ot-Afr-03
    765 words
  • Article
    Lock icon COMMODITIES
    1478 12 SICOM FUTURES Jan 3 IWBCt Fatvn (CMag pric«) RSS1 (ScwtsAq) Close VetaM OpM Monti Mfh Lot Sett (tames) Interest Feb 03 1 *5225 1 1 Mar 03 152.50 Apr 03 154.50 May 03 154.50 RSS3(UScMts/fc«) Vobme Open Moetk Mfh Urn Sett (toanii) Merest Feb 03 1 1 iLOO 1
    1,478 words
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  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    734 13 T*«ta*rirriri— MbHubBI*—»^oJ«—11.L8 mfrBuii. 11 I RECOMMENDATION FORECAST by*|^tufc»tn 1 1»*»ct.Tfc«r>*abrafi im« COMPANY NAME IMS WEEK LAST WEEK EPS P€(ttnw) .Tlwlntai —<*owi«w>lw<w1lBSy8^ii»a<>wdw^<lB^rB^w—i> nm>o— acop—>Fo«naai HOM HCM i« m ilUMiBiiMtgtior). LaCuiduii Bin—inn Ud 3»onpB<r DUbOii 380 88 nrrnMMTNnATinN FORECAST &s9fea ll* u COMPANY NAME 3HMMUMUBK EPSMPEffMgi) y»n«- ■j*gg«g r« 1
    734 words
  • Article
    Lock icon SGX
    792 13 Wtep/r ended: Jan 3 trnrntmm i am a—m Ow o—pt COC 043 1M <0040 NMM SDc 0 49 2 070 <***** CapOaland 1.1« It* <00(0 OCBC 1J0 9450 -0.100 Chart SamCond 2*c 007 IK <00*5 Out 055 SJ50 <0.100 City On 50c IK 4220 <0040 Pvtway H 25c OS
    792 words
  • Article
    Lock icon BONDS & WARRANTS
    574 13 BONDS WARRANTS KM M Com Eur 'SSc Gw-MwS Caopaiqr ««r- (HO) Rati* frk* »g Lafl AST1W*****1 175 1 16 148 0.77 17 Aorvi ltd W»***** 2 0.5 5 1 SO 643 3 50 22 Amtek VWS0610 74 35 52 1 33 1 143 29 Armstrong W*****0 1.5 1 10 109
    574 words
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  • Article
    Lock icon SGX MAINBOARD
    4550 14 Week ended: Jan 3 for live prices, log on to itwrwasiaonemarketsjcom srn ua m wmt ok*. m arm m rncm u« um m mm ii»w mm* m mm* **c_ i»u» Ci n I W- r— MM f qm» nw Or w >3 M» tmm c—a— *M t- mm
    4,550 words
  • Article
    Lock icon SGX XTRANET
    62 14 n* UN Ml «Hk liq—i GfOhr H* GrVM MM WCm "N» Mi w- p— i u» trnm c»r hi 13 I OHO H PmnonA US113 U30 saoo 2 mo is dj us T*ct> usmo in m ISMSGSpor* USS5S HMO 1700 ISSV500 US8270 1(400 OK VMS USS280 m iao
    62 words
  • Article
    Lock icon SGX SESDAQ
    1438 14 w» u« tM «Hk UMQaMi SrfH> Ob OYM mm HCa L— til"! M» W- (4880 —i L— rn*m H4ar Cm fH >3 225 AORHMpSc 11 10 14 21. 215 IS AK»5c 175 *2 SO 175 14 IS 175 5 115 M 7 4 11 5*5 14 AS Auto
    1,438 words
  • Article
    Lock icon CLOB INTERNATIONAL
    342 14 O* LM M M IIQH Mb Mr CrVM MM MCap t— r ||I| 5*» W- f— l— 9fr >*■ Cm W «■> 115 80 AVJcfwwtgi A2Sc M6 +3 94 96 5 92 95 9*5 40 14 10.4 5.6 2066 Othjy Pac 20c MIC720 265 2.1 7.4 6 *****2
    342 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      213 14 CRYPTIC CROSSWORD ACROSS 1 Cakng for a statement (10) 1 1 ft I P 1 P 10 Sheep roam free, given the I means to communicate (9) Friend copies first trip to Eu- LL_jBLJ|BZZ|BI HHH H H 15 Sickness developed from so- and uranium by the 26 Owing money for
      213 words
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      181 15 Indulge in our authentic Indonesian Food Ambience J L,4jmw the Rice Tab 1 e INDONESIAN RESTAURANT All you can eat Buffet Rijsttafel Set Lunch $12.80+++ Pi Arar Rijsttafel Set Dinner $18.80+++ I ORCHARD I CUPPAGE 360 Orchard Road, International Building 43-45 Cuppage Road, Cuppage Terrace #02-09/10 S (*****9) Tel 6835
      181 words
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      56 15 Special Lunch Menu $5.80 Nett Per Item With FREE Choice ot One Coifee/Tej/Soft Drinks or Chin Chow Black Pepper Chicken with Steam Rice ClaypoAaksa Seafood Spaghetti Thai TeOw Jug&s 15.00 nett each 1 lull *f **4 For enquiries. caM us at 6430 4119 218 Queen Street. Singapore *****7 Tel: 6332
      56 words
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      84 15 Want to <ine on our value-for-money set menus but can't make up a group of 10? You will be delighted with our Executive Set Menus specially designed for individuals and smaller groups. Ranging between $38 $78 per person. Available daily for both lunch and dinner. For reservations, please call 6432
      84 words
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      Lock icon Page 15 Advertisements Column 4
      89 15 f Sot types of variety choose from, each set comes with nee. salad, fresh fruits, mam drsh Mixed Fried (Fried Prawn and Nuggets) Japanese Cnspy Chrten Nuggets Temyaki Chicken Chicken Cutlet Salmon Beef CALL* />!*%! 6253-0777 (Angeline) "fV, rr— L I* I Rushed for time? Hurt's mo metd to sacrifice
      89 words
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      Lock icon Page 15 Advertisements Column 5
      95 15 Mil Mi M far a una ■siAiaNßiNMftv «MHtfMUMkMi otar dtoco«nt achamaa. ff^L CMcfcanOackan Cwry Swfaod VsgMrwi Saafood Tmghooft Mixed Baaf And many more local noryt Mksfli aaoi, Mth httd agry and tyam curry.. WiOi fraa flow of talad, {■JJJT «oup, daaaart A premium coMmAm (Mon-N ft»s9.Bo' ~|MERITUS MANDARIN SINGAPORE BEIJING
      95 words
  • BIZIT
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      58 16 The Application Server with Built In Business Intelligence Business Intelligence Content Application Management Integration (Application 1 Server J Web Services Wireless v y Portal Java J2EE All the Middleware you need integrated into one Application Server orade.com/theappserver or call 1800 672 2531 Copyright 2002. Oracl*. M rights rtMrwd. Oriel* it
      58 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      297 17 Contributed by Simpson Spence Young ♦Magadang nog: 174,004 tdw bit 85 Hitachi reported sold region U5511,400,000 to clients of Eastmed. ♦Bulk Hellas: 151,053 tdw bit 4/95 Kawasaki reported sold region U5523,750,000 to clients of Lykiardopulo. ♦World Place: 150,790 tdw bit 95 Daewoo Hi reported sold region U5524,600,000 to
      Contributed by Simpson Spence & Young  -  297 words
    • Article
      Lock icon MARITIME STOCKS
      236 17 Hn 1 1 iWI JMJ CWTDMtrfeutton 0.70 uncft 0 Cosco mwitnwnt 0.19 0.01 209 PraMtf LMi 0.03 unch SS CeMoWnoi. 0.61 0.02 10 JayaHoMn|i 0-24 0.01 223 Kate* Carp 3.68 unci) <79 Kappa* Marina 0.16 -001 290 KappatTata 0.79 0.01 79 latrpy Marina 023 0.01 60 Matatock 032
      236 words
    • Article, Illustration
      Lock icon EC, US lock horns over container security deal
      439 17  -  US Customs Service seeks clarification on ECs legal move against four states By Donald Urquhart [SINGAPORE] The European Commission and the US are squaring off over the issue of container security after the commission announced it is beginning legal proceedings against four
      FILE PHOTO  -  439 words
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      Lock icon Record load
      74 17 [HAVANA] The cruise ship Sunbird sails into Havana Bay, Cuba, with a record I,4l4passengers, the largest single load ofcruise passengers to visit the island. The towering ship arrived at Havana's cruise ship terminal on Thursday morning and was scheduled to sail on to Cuba's smaller Island of Youth
      AP  -  74 words
    • Article
      Lock icon Hyundai Heavy Industries sees offshore order boom
      337 17 Reuters [SEOUL] South Korea's Hyundai Heavy Industries Co, the world's biggest shipbuilder, said it expects 2003 offshore engineering orders to rise by more than a third to US$l.5 bUlion as demand surges. It received new orders worth around US$l.l billion in 2002 and
      Reuters  -  337 words
    • Article
      Lock icon NYK ordered to pay 2.7b yen in back taxes, penalties
      479 17 NYT [TOKYO] Japan's largest shipping firm paid 2.7 billion yen (5539.42 million) in back taxes and penalties after being caught using companies in foreign tax havens to avoid paying corporate income tax in Japan, sources said. An investigation by the
      NYT  -  479 words
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      Lock icon Judge refuses to free Prestige captain
      296 17 Court also refuses to lower Sss.4mb&il AFP [MADRID] A Spanish judge on Friday refused to release from detention the captain of the sunken Prestige oil tanker that has devastated Spanish shores with its pollution, judicial officials said. Apostolos Mangouras, a 68-year-old Greek citizen, is
      AFP; REUTERS  -  296 words
    • SHIPPING news
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        Lock icon Shipping lines carry old rates issues into new year
        820 18  -  LINER SCENE -By] David Hughes THERE is no getting away from the fact that 2002 was a pretty bad year for liner shipping. The consolation for the lines is that it was better than many had expected. Last year was difficult
        AFP FILE PHOTO  -  820 words
    • Article
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      3 18
      3 words
    • Article
      Lock icon SHIPPING GUIDE
      3 22 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        539 25 Vend Voy Wo Berth Anted Departure JURONG PORT FORS 01/02 J12 A/SIDE 06/01 0600 SMITLLOYD120 2 J25 A/SIDE 06/01 0800 ULLA 02 J6 A/SIDE 06/01 2100 BAYSWATER228 E3003 J3 06/01 1800 07/01 0100 BT JAYARAYA2 ***** J1 06/01 0800 06/01 1600 BT PUTRA BAN ***** J1 06/01 1100
        539 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2 25
        2 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        137 25 tan Japan: Coming-ofAge-Day. tall Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Ml China: Lunar New Year's Day. Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Malaysia: Lunar New Year's Day. Singapore: Lunar New Year's Day. M 3 China: Lunar New Year's
        137 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        797 25 THIS report, compiled by Cockett Marine Oil Ltd. show* price range* in US dollars instead of single price* 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 individual
        797 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        385 25 CartM WO MM W0.4 0.4 fi.0 0« a OjU Dk 2ft Mb Mr MM* MMMMM bMIfi 0 0 0 0*0 »0 tat AM. 7 OJ 0. T 0 to a 0l02 ta MOM Ml 01 nr.4 oo» ft om Irtn %W »M %M W »Mg 0
        385 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon 2002 death toll from air accidents lowest since 1947
        310 26 AFP [GENEVA] More than 1,300 people died in air accidents worldwide during 2002, the lowest annual toll since 1947, the Aircraft Crashes Records Office of Geneva said on Saturday. Some 1,379 people died in 2002 and there were some 154 accidents,
        AFP  -  310 words
      • Article, Illustration
        Lock icon Fatal crash
        39 26 [TOBARRA, Spain] Rescue workers inspecting the wreckage of a Spanish intercity train that jumped the tracks in Tobarra near the central town ofAlbacete, Spain, on Saturday. Two people died and 15 were injured in the accident AFP
        AFP  -  39 words
      • Article
        Lock icon Mekong Airlines positive about performance
        350 26 It targets 90% passenger load factor in Ist year Bernama [KUALA LUMPUR] Mekong Airlines, Cambodia's new designated carrier, targets to achieve a 90 per cent passenger load factor when it commences operations on Jan 15, said Mekong Air Services Sdn Bhd managing director Chung Leik
        Bernama  -  350 words
      • Article, Illustration
        Lock icon Cebu Pacific suspends S'pore-Manila service
        425 26  -  Airline cites low passenger traffic; services to HK, Seoul unaffected Byi George Joseph [SINGAPOREI Just three months after it started a daily service between Manila and Singapore, Cebu Pacific Air has suspended its flights, a victim of the depressed market and stiff competition from dominant
        FILE PHOTO  -  425 words
      • Article
        Lock icon Boeing's parts plant workers face 15% pay cut
        226 26 Reuters [SEATTLE] Some 300 workers at Boeing's Washington, airplane parts plant face a 15 per cent pay cut as part of a proposed sale to Triumph Group. Triumph wUI offer jobs to about 90 per cent of those workers, represented by the
        Reuters  -  226 words
      • Article
        Lock icon US Airways cuts US$30 fuel surcharge
        217 26 Rivals declined to match rise: consumer advocate Bloomberg [ARLINGTON, Virginia] US Airways Group Inc eliminated a US$3O fuel surcharge on most round-trip fares after rivals declined to match the increase added last month, a consumer advocate said. The seventh-largest US carrier, which filed for
        Bloomberg  -  217 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        349 26 AMAECOOeS AA Amman M*m (AM). Af :At hwa (AFR) At M Mm (MC). AY RmrnrOf (FW). Al Am* Artrm (AZA). BA km AtrnvsPtttclM Co (BAW). K «w tap*** Artnm (BBC). Bt' Ao>* Bntm Artnm StoßhdfßßA) 80 Bourm)Ar*im (toil), m EVA Armys Corpn (EVA), CAM Chn (CCA).
        349 words
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      581 18 I TO USA!CANADA I I EXPORT I I OTHER DESTtMATIOm I VBSa I WW I WG |ra«Iu»WKMI|awIAS|IWBCTOW TO AUSTRALIA IAUSTRAUA ASIA EXPfICIM OOQ llfttJN SMO2 08/01 I 09/01 I 75/01 79/01 01/07 30/01 30/01 02/07 VOT VEUSM 1 KG —FM Ml StTI —Ml U* 00QAMBKA UU3 IVOI I IVOI I
      581 words
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      98 18 WORLDGATE EXPRESS LINES PTE LTD I Cm! Street, •164VM, ■■nghoh Bank BuHdng, S*pore *****6 Tel: *****911 F«x: *****073/*****863 Email: wgate@mbox2.singnetcom.sg WEBSITE: http j/www. wortdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS SOOTHASTASA SM FARIAS? ST~| HMMfIMMV SM «/DI howg tt*G/CHHU 12/01 t/SP BS sag: z m eai_ MAMA
      98 words
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      587 18 Line wvk* mprwri*j by fefefl Accradtod Shipping Aganb, JZmf n9q P° f> Apportion Anooohon conway CONVBmONAI. CAtGO ww mw6/watfOM/M«Mni t MMBROR vw mPKL ETASW ETAMALE PrtomlJh *NS >ft*l 11/ M t«*t L*T M M Ml Mtt uur SUM SHMCES HEAPMK Amp SS4 Til 11IIIWII hut; IIIITWI SCANCHAKT AGENCIES SON BHD
      587 words
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      1155 19 TO EUROPE FROM EUROPE vcsa Ivor sw at ia am naoi mv sou m Ifvßsa Ivor ao aoi mo m» «a 11 ail MOB 111WM/01 29/01 11/0117/11 MIMWNKI ll* 17/1? 19/12 21/12 22/12 07/ M ■asoumoM oiow 10/0122/0127/01 20/01 31/01 01/02 mcmrn 11s it/12 21/1217/12 m/n HNMNMGMBS 341W 13/01 25/01
      1,155 words
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      1688 19 Bjjg fJ DIRICT cm 10 |p COLOMBO 4 DAYS GOBUi ACtMTS M SMOAPOB: M MBMSON *****-M StlO/KtS TIL M7HIS7/4! NUL *****321/241 COSTAR SHIPPINS PTI Lit WMIiMM m/u W I .mm. mm a» lK!I TH: 4214 If* (WW) MMOd 01 *****7U tZMMIt/M I iANMi ABBAS 12 DAYS TAMP Df? *****1J5 42M5314/44
      1,688 words
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      571 19 Ittgfl M*M raj Irw «sa wrTgnnp hc dm i^«s msow 3omn(VT>in/oihiyMi hwi aw ay ggwd mmma. 14/01 iz/>t a/wpw ISaoaM |ooa!|M/i|K^la/!|3i/i v? «fl| in osssp^llKW!M MOI llvßsa wr re silpailwlswluailroslK 1 llinrunwgnw li.-l «/i I mn I inn 111/1 i n/i I i./i li»/i I <*n I W SIN HIE
      571 words
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      1141 20 HYUNDAI MERCHANT MARINE CO., LTD. Hißipqi: OHO. HOiTHOOOW \wm tot "ST son im so m mm mv [[rasa vot son tai mi im w m "BT tfinun 104W 07/01 24/01 M/ll N/11 OOinOMSI MS 11/11 14/11 M/ll 11/11 11/11 ■OtRKWrr 004W M/ll 24/01 Is/« 1 M/ll 71/01 APICOtAI IMf M/ll
      1,141 words
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      1158 20 WAN HAI MVBMAHONAL FTI LTD a m mi iiLirr WaWAN HAI LINES V" V) SIMB MkWMnitt«: am anOSK MM) -J-l,— at) JIJWM Ml: |D 1) JSOM PM ML H4M/714M Mtmxn Wf.fWW.H>H Mm:ai)4HnPIM.»IHIiWB 4IOMt at mo i ww wo wt w mo < at mi u ?ii ifn PIT* —r —Kir
      1,158 words
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      503 20 m a®us&r WEEKLY EXPRESS SAMJNG SCHEDULE ALSO ACCEPTIH6 TO ALL MORTHERN MP WESTERN ICO PORTO rasa wi m hum coummo nam coummo ■omwicw «ns nig >i at urn mjm iijm MMtMM lI7W >li MIX l?M IS JM lIJM HSHOSnB MI7W 13 JM ISM* lIIM nw BJM IWW—g MMf MJM gM
      503 words
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      911 21 IVfSSgI VOY KHH HKO ISX PKI I PXS »*l D**** BBt MAN TEHRAN PCI 292 31/12 01/01 04/01 05/01 12/01 13/01 19/01 21/01 M.V. UNOAVIA FCL 293 07/01 00/01 11/01 12/01 19/01 20/01 26/01 20/01 MAN KBUMAN PCL 294 14/01 15/01 It/01 19/01 26/01 27/01 07/02 09/02 MAN ISFAHAN PCL
      911 words
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      918 21 ypsa m m is vran m mw* mm imi «ZL_ _atm m? w/»i x/»i W(MW MIM S2ZU «/»l -HUMI 1112 M/ii 33/31 818 mm mi os/oi jotmi on n/u u/u MtOMB* HSa 9km H/ti tin 12/01 IS/OI ami izai uzu_ PK MNM MS7N M/ 01 M/ 01 tow ggi iW»
      918 words
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      311 22 ALINE IBNSino 947E~ 07/01 ~2Q70T~ g QMff" ~31/01 02/02 1 I" 1- -> IBNSino 947E ~07/0T 20/01 01/02 IBNSino 947E ~CT" "WgT 3ZSE IBNSino 947E 07/01 02/02 OMIT 12/02 14/02 16/02 Sionqhoi Senotoi- T47OT ~WSV W 1570T Shonohoi Senator 947E" UM 02/02 "fI7ST IMjMI Shonqhoi Senator 1947E"1 14/011 09/021 OMIT
      311 words
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      185 22 MUHWAI MJMI l/tfffflft NtM MV POlNfflt SfIMT 7-9 JAN UM MRKT CALL HALMA WESTWMG MMCT CAll CALCUTTA COIOMItI MALI lUVII MY PUNCESyCAWBt 12-14 JAN Al A^f wviny w w pwi rww w ~~li ESP LINES >KW WtHIT LQ SBVKI TO IA6OS Vtssa SMUG EVBTTNUKSMT 10AWW6 rVBTT WH> AT Igfß HSTHPMUI
      185 words
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      239 22 CWT GLOBEUNK PTE LTD W OWN OFFICES Mi: TEL:*****833 (36 LIMES) FAX:S22SB742 irDMt Y UILIOUHNtKHAHGK3HT KILANG PASI* GUOAMGKUCHIHGBAMGKOKKAItACHItOMtAY M. Ntw DIIHI-COIOUBO HO CHI MINH (ITYHAIPHONGHANOIIKtMCNHAHIHJKGTIANJINQINGDAO SHANGHAI XIAUCN FUZHCHJDALIAN XIAM ttIJING SHI HA ZHUAMG CWT GLOBEUNK pfsmnts Mfm World-Wide Connection SERVICING 110 DIRECT PORTS with Approximately 1800 Inland Destinations For inquiries/bookings,
      239 words
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      55 22 H WINSTAR SHIPPING PTE LTD IE: (*****72 FAX *****007 QNO **********0 C t Sdhp WmU? (Mm Sat) 3 SAys Wcddy (Mm, WW, Fri) tf J«M| Nrt UWn| it (jaMmr tai DMrtoOMfFOAO/ li I) iFQCwt—% (mnMfendCvft Dmt to Don fm MpM* flmm af Martha hA. SMmSkmim. PROJECT CARGO fm H \,fkm»aiLL
      55 words
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      252 22 BSfl x MYANMA FIVE STAR UNE <%■■■ ItaNNd UM) (m*| for YafM vissa VOT sm m n» rau CMNSMWINAW S4W SU mim vsotw at M MALAYSIA: OOVSTEAO SMPFM6 A6QKKS MIL 03-*****300 «L 03-317M101 fßfc 04-*****01 BANK LINE (A sorvko ol kmkrm Wtir Shippte|) NOKTHiOUWP TO tUKOPt V CONUUNBt, RORO, MIX
      252 words
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      561 24 IKB SIT MS* II 11/01 1719/11 7425/01 I SHANGHAI EXP MM 1415/01 2123/01 7179/01 I TKaiflDGf M7N 1711/01 24 24/01 3101/02 I IKB SHAK Ml* 2122/01 2130/01 M 05/02 I 1168 SIT MHI 24-25/01 3102/02 07W02 CO6N /II CONN U Wsfilir So otoTToi iTiToi 2sTs7oi I JIALSAN in 00 00/01
      561 words
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      812 24 I VESSEL NAM VOT SMGAPOKi POOT KRANG ONTT4GONO «O*GU ew m no eu m m nt oemmom ww m 11/01 15/01 15/01 19/01 24/01 OCPMBTT 04N057 INN 16/01 17/01 17/01 25/01 29/01 OCIAM 09M042 HB 17/01 10/01 10/01 22/01 26/01 OCPWAN 02W127 THE 21/01 23/01 23/01 20/01 01/02 02/02 04/02
      812 words
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      1020 24 \//b |PDZ LINES SSP^ZI «So<* AMI |07/0 I IGUOO JO3OK 07/01 GUM UUOli 07/01 MNIhUOIE 07/01 GUONC l» OMR UM GtSUNG A *****10/01 GKI COOK 11/01 GUAM UUOli lW GtiAM I UOOITTW DtfttVttf ~mJm wi6BWH «30«112/01 IGBWH 5E3021 12/01 OHOa HK3021 20/01 fIM I KM3OW ~Ti7i\ o»m gS~ %M GBOOW
      1,020 words
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      202 24 WI99HSH BREAKftULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI Inssa I <PMB mSMGOfOB n>MW MM OOSHf OCOI/B3 14/01/R3 I ww 71/01/03 v/mjn M** SEA-PAC MANAGEMENT PTE. LTD. 70 Anton Rood #17-07/06 Afxx Toww, fingopora *****3 Taiaphom: 6270 0*77 vl Fot«fnSe: 6275 2309 VI Talwc RS ***** SEAMC DRttCT «N
      202 words
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  • Page 25 Miscellaneous
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      135 25 VAtAk^ *2> JvB i,iv> JPrniW* 1 w u** -c I yWI LEGEND: Issued by Meteorological Services DiVis^^NEA K Thunderstorm A Showers R a i n emperature Op/ Wind direction and speed in knots Weather Cloudy Day C 'j® 2 Sea Conditions Wind speed symbols I g| < 1 O Full
      135 words
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      171 26 Notices FAR EASTERN FREIGHT CONFERENCE (FEFC) ASIA WESTBOUND RATE AGREEMENT (AWRA) JAPAN/EUROPE FREIGHT CONFERENCE (J/EFC) EASTBOUND MANAGEMENT AGREEMENT (EMA) MEDITERRANEAN RATE AGREEMENT (MRA) Increase in Bunker Adjustment Factor (BAF) Arising from the regular review. Member Lines of the AWRA, J/EFC, EMA and MRA wish to announce that the current level
      171 words