The Business Times, 15 January 2003

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES Internet: http://business-times.asial .com.sg SINGAPORE WEDNESDAY, JANUARY 15, 2003 MITA (P) 010/03/2002
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  • Article
    Lock icon Tax credit pool could swell dividend payout Siow Li Sen
    814 1 |L=Jl exclusive Bigger payouts within 5-year transition can help lift share prices [SINGAPORE] Singapore's largest listed companies could soon start jacking up their dividend payouts as the countdown begins on the five-year transition to the new one-tier corporate tax system.
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  • Article
    Lock icon MARKETS
    71 1 Dsn Mour (+15^2) ST INDEX FUTURES 1,410.00 (+27.00) mm sMisci mures U 174*60 (+3.80) Tuesdav Change KLSEOOMP *U1 <998 NIKKEI 4J5 H.&6106 .(««1 HANG SENG _»,79Ml 47.77 set index mn *9& JAKARTA WMP -407.18 UUS MANILA OOMP J.*l» TAJPEI WP1 4JW4S +I.H SEOULCOMP KM 05 SHENZHEN B 205&l_ ..-WW
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  • Article
    Lock icon FINANCE
    78 1 FOREX RATES US$ II CSS(SSperU5S) l"M £(l'8S/SS ftr S) 1ft»l 1775 EWOfllSSSS'E) I0W IjOO YEN I1KJ Sh«0 rm sm ti« HKS 7791 449R RAifT 41*4 44 AO RU1AH KJW 4,112 RENMINBI Utt 4.7S9 INDIAN Rl PEE 47 9i CM PRIME RATES SINGAPORE" *M KTAL\ UMH'R «4<l HONG KONG a
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  • Article
    Lock icon No permit for Church St building unless its sale: BCA
    264 1 C&pit&L&nd says joint owners are agreed on course of remedial action [SINGAPORE] The Building and Construction Authority said yesterday it will only issue a temporary occupation permit (TOP) for a 30-storey office building under construction in Church Street when it
    264 words
  • Article, Illustration
    Lock icon Car prices at lowest since COEs introduced
    702 1  -  P-1l exclusive! Byi Christopher Tan [SINGAPORE] For a little over $150,000, you can pick up a brand new Jaguar XType. Barely three years ago, this amount would only have bought a Nissan Cefiro. The newly-introduced Mercedes-Benz E-class starts at below $200,000 $50,000 less
    Compiled by BT  -  702 words
  • Article
    Lock icon Wrong-footed short-sellers rush to cover NatSteel positions
    518 1  -  Punters short-sold stock on bet that 98's bid would fail By Catherine Ong [SINGAPORE] Stock punters who short-sold Nat Steel shares last Friday in anticipation that 98 Holdings' takeover bid would fail were scrambling yesterday to cover their positions, dealers said. The short-covering
    518 words
  • Article
    Lock icon It'so n-the new BT Online
    101 1 AFTER eight years on the Web, an age in Internet time, the Online edition of 77i« Business Times has been completely revamped. From today, readers visiting us at http:// business-times.asial.com.sg will notice the brighter and even easier to navigate site. The entire revamped site will
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  • NEXT page
    • Article, Illustration
      Lock icon Tech recovery seen in US tech stocks' climb
      536 2  -  From Jennifer Lien in Silicon Valley IT'S two weeks into the new year and US technology stocks are surprise, surprise outperforming the Dow Jones and S&P 500. The Nasdaq Composite Index has risen more than 4 per cent this year, spurring talk
      Source: Bloomberg  -  536 words
    • Article
      Lock icon Star Cruises starts surprise call at new Johor port
      531 2  -  3-month trial at Tg Langsat, bnt it's not likely to poll oat of S'pore completely Fromt Eddie Toh in Kuala Lumpur IN a surprise move, the cruise arm of Malaysia's sole casino group has embarked on an experiment to use a
      531 words
    • Article, Illustration
      Lock icon Strong car buying drives up Dec retail sales
      510 2 LATEST US DATA Bloomberg, Reuters [WASHINGTON] Strong auto buying boosted December US retail sales in a holiday season otherwise marred by a weak labour market and war worries, while sales for 2002 posted the smallest gain in at least nine years, a
      Bloomberg,; Reuters; AFP  -  510 words
    • Article
      Lock icon Analysts see 15% growth in Dec non-oil exports
      476 2  -  Rwon the economy trade By Chuang Peck Ming [SINGAPORE] The surprisingly strong showing in Singapore's all-important non-oil domestic exports (NODX) in November was an aberration. Analysts polled yesterday, ahead of the release of trade figures on Friday, expect NODX to have returned
      476 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon CSFB warns of China property bubble
      536 3  -  Short-term setback seen; oversupply, tightening credit to developers cited By LohHui Yin AN oversupply situation, tightening bank credit lines to developers and consumers' shift of focus from housing to cars could spell trouble for the sizzling Chinese property market. The warning came in a
      Source:; REUTERS  -  536 words
    • COMPANYBriefs
      • Article
        Lock icon Kim Eng Ong Asia ups US investment
        68 3 LISTED brokerage Kim Eng Ong Asia Holdings has raised its investment in Kim Eng Securities USA (KES), a wholly-owned unit in the US, to US$3.5 million under a deal that will not impact its earnings per share or net tangible assets. Kim Eng
        68 words
      • Article
        Lock icon Flairis in early talks on proposed deal
        66 3 FLAIRIS Technology Corporation, a maker of printed circuit boards, said in response to a Singapore Exchange query it is in "preliminary discussions" with an unnamed party over a proposed deal but said "there is no assurance that the discussions will result in a
        66 words
      • Article
        Lock icon Creative launches new audio player
        41 3 CREATIVE Technology yesterday unveiled an "ultra fast" version of its Nomad digital audio player. Dubbed the Nomad Jukebox Zen, it is small enough to fit in a shirt pocket and can store up to 8,000 songs.
        41 words
    • Article, Illustration
      Lock icon Ban Hin Leong loses Springleaf Tower properties
      525 4  -  Its 12 floors of offices, 4 floors of apartments were foreclosed by UOB Reports by Kalpana Rashiwala UNITED Overseas Bank has foreclosed Ban Hin Leong's 12 floors of offices and four floors of apartments at Springleaf Tower on Anson Road. The foreclosure is
      FILE PHOTO  -  525 words
    • Article, Illustration
      Lock icon MCL Land may buy Carlisle Lodge
      333 4 FRESH from bagging the former Norfolk Garden site last week, MCL Land is at an advanced stage of buying Carlisle Lodge next door through a collective sale for just under $20 million, say sources. If MCL succeeds, it will end up with a combined,
      FILE PHOTO  -  333 words
    • Article, Illustration
      Lock icon E-learnirig gives Popular an interesting spin
      676 4  -  lock siew wong wei kong IT'S a household name to parents with school-going children but Popular Holdings is now catching the attention of some market players too. The once-staid stock is seen as a small cap that's going places and the share price has
      676 words
    • Article
      Lock icon Inter-Roller expects return to profit path this year
      426 7  -  It has just clinched a $25.3 m baggage handling project from Changi Airport By Serena Ng BAGGAGE handling systems specialist Inter-Roller Engineering, which has just clinched another multi-mil-lion dollar project from Changi Airport, expects to return to profitability in 2003, its managing
      426 words
    • Article
      Lock icon Sats' 2002 cargo, passenger handling up
      239 7  -  This is despite 3J2% drop in the nnmber of flights By] Beth Jinks DESPITE handling less flights in 2002, Singapore Airport Terminal Services Ltd (Sats) recorded an increase in cargo and passengers handled over 2001. The Singapore Airlines' subsidiary handled 74,350 flights between January
      239 words
    • Article, Illustration
      Lock icon Keppel Fels rewarded for timely delivery, safely record
      245 7 KEPPEL Fels' US$22 million project for Atlantia Offshore Ltd has won it a double bonus. For delivering a quality project on time and on budget, the Singapore oil-rig builder was given a cash bonus of US$lO,OOO. And Keppel Corp's wholly owned subsidiary
      245 words
    • Article
      Lock icon OCBC's preference share issue sees good response
      336 7  -  Byi Siow Li Sen OCBC Bank's preference share issue has a good chance of being bumped to $500 million, with sales interest yesterday having whizzed past $400 million. According to George Lee, OCBC head of investment banking, demand for its proposed $300 million
      336 words
    • Article
      Lock icon Tuan Sing lowers performance expectations
      209 7  -  By\ Michelle Quah LOSS-MAKING Tuan Sing Holdings has lowered its performance expectations. The diversified group, which has interests ranging from property investment to the manufacturing of printed-circuit boards (PCBs), had in March last year said it expected all its three business divisions technology, property and
      209 words
    • Article
      Lock icon SingPost eyes $250m syndicated loan
      112 7 Reuters SINGAPORE Post Pte Ltd, the sole operator of the city state's postal services, is looking to raise a syndicated bank loan of up to $250 million, banking sources said yesterday. Sing Post, a unit of Singapore Telecommunications Ltd (Sing Tel), has sought indicative proposals
      Reuters  -  112 words
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      108 3 Hf Since 1975. our worldwide staff of over professionals "V i including lawyers, chartered accountants Jm J chartered secretaries and bankers have j&tei/* T provided confidential and cost effective j, company formation in all the major low tax areas including Th© WOrld S Incorporation Fees from USS500 Full professional utter
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      81 3 It crowns its ancestors' achievements Master Compressor Memovox Imbued with our manufacture's tradition of innovation, it owes its name to an unprecedented system for maximising water-resistance, by means of two compressor valves fitted to the winding crowns. In the spirit of its ancestors from the *****, the Geophysic and the
      81 words
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      382 4 FACTORY SPACE FOR SALE LEASE p ;MB_Hljflr^ Selling Price: S$ 1,258,000 Rental: 556.00/sqm High quality building finishes 24-hour security The most strategic location on Batam Island Own power plant 45 MW Clean and continuous water supply Commercial Area, Club, Hotel, Dormitories, etc. Duty-free bonded zone status Modern Facilities P.T. Nusatama
      382 words
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      212 4 Australia/ New Zealand South Africa Perth SS 1385 Cape Town S$ 2515 Adelaide 1495 Johannesburg 2515 Melbourne 1495 Sydney 1495 South America Auckland 1775 Buenos Aires S 4405 China Taiwan Guangzhou S$ 1285 Kaoshiung s$ 1385 Hong Kong 1285 <ooc Beijing $,495 T "<"" 1385 Shanghai 1495 Xiamen $,495 UK/
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      24 4 FTiTI Lianhe Zaobao I Shenzhen I I Special I I Economic I I Zone I I no longer I I special I I I
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      221 5 C 2003 Pu|ifsu AH i ighfs leseived. W~ "J"' x >- r —I tf -<r- i* IH pi v.„——■ >>:- I I I i 9 i ■•<£::-;*Zi^Z>&£>'^-^'- f I j t i i-9 F I (1 Servers fl «> i i i|H IT Consulting —UNIX <*■ 13 1 r if
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      308 6 OTHER SINGAPORE INDICES Jan 14 VALUE CLOSE BTO&OS 592.00 +59 00 BTCAM -*****.00 -*****.00 +59.00 Aft-SGEqoibM 369.13 -1-4.09 SG Eqaftfes Ekct 122.92 0.55 SGEqaRfcsFla 1241.74 +18.18 SCC««M»iPwp 329.11 1.58 ■WfUhwra 173.25 +2.49 SMSCIFatan* 174.50 _+3.80 Stocks Volume Reed Grp 5c 101,666,000 DMX Tecti US5c 54.652.000 Chart SemiCond 26c 37,685,000 SingTel
      308 words
    • Article, Illustration
      Lock icon Greenback worries multiply by the day
      836 6  -  IMlonger view CURRENCIES Potential black chasms open np below 551.7275 and 115 yen larry wee THE number of things that could go wrong for the US dollar are multiplying so fast it's getting scary. It's a little bit like watching a cowboy movie where
      836 words
    • Article, Illustration
      Lock icon Is market scaling wall of worry?
      791 6  -  I comment STOCKS r. sivanithy IT is often said that for a sustainable recovery to develop, a market needs to climb a wall of worry. Whether the worry is external and relates to war tensions in the Gulf, or internal and relates to the
      791 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3217 6 UNIT TRUSTS FUNDS &—>■> im Com Global Finance Index F<l 0.75V —.n. Com Global Lifestyle Index Fd 0 833/ nt«i/ Com Global Health Index Fd 0794/ Si Com global Telecom Index Fd 0 437/ Com Global Infotec Index Fd!" 0291 V^Pg**'y— °fcr Com Global Energy Index Fd 0 832/ 512/
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      172 7 I Curtin SHRT WR tc xlc Get A world-Class rW Degree in I JWI. Finance and Commerce I PRESTIGIOUS QUALIFICATIONS that are recognised by the Australian Institute of Banking and Finance I and Australian Financial Planning Association > J j Prestigious ranking of 4 out of 5 (The Good Universities
      172 words
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      117 7 j "Fly World Business Class y 4 to Europe or the U.S." Jrjii "Choose a free gift!" w 1H{ gj Fly World Business Class to Europe or to the U.S. on KLM Royal Dutch Airlines or Northwest Airlines between January 15 and March 31, 2003 and choose a free gift
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  • EDITORIAL opinion
    • Article, Illustration
      Lock icon Iran: not perfect — but no rogue state
      682 8  - Iran: not perfect but no rogue state HTTT4 1 bottom line OPINION dane chamorro The writer, a former US diplomat, is currently a regional business risk analyst based in Singapore IN his second State of the Union address one year ago, President George W Bush declared that world peace was
      682 words
    • Article
      Lock icon IN OTHER WORDS
      93 8 'It's a jobless and joyless recovery.' Stmt Hoffman an economist, on the loss oflol,ooo US jobs in December. 'India produces enough grain to export, and yet we hear reports of starvation deaths every year. There is something wrong with our approach.' Atal Bihari Vajpayee the India prime
      93 words
    • Article
      Lock icon A Case of New Economy blues
      597 8 EDITORIAL THE resignation of AOL Time Warner chairman Steve Case closes a brief but momentous chapter in corporate history and reopens a debate about new technology transforming traditional businesses. Mr Case was, in many ways, the face of the New Economy. Driven by a
      597 words
    • Article, Illustration
      Lock icon Stop the layoffs – M&A business is rebounding
      926 8  - Stop the layoffs M&A business is rebounding Gutsy moves are afoot, to take advantage of the bear market. Banks and brokers will soon need to hire not fire By Matthew Lynn The writer is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg IN the City of
      Bloomberg; AFP  -  926 words
    • Article
      Lock icon Accept North Korean blackmail
      768 8  -  COMMENTARY That's the way to end Pyongyang's tntalitariflnigm By] Nicholas D Kristof NYT (SEOUL, South Korea) The eeriest puzzle in the Hermit Kingdom just north of here is not where it hides its nuclear weapons, but where it hides its disabled people. The only time I
      NYT  -  768 words
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  • SINGAPORE news
    • Article
      Lock icon Wireless LAN set to take off in S'pore
      484 9  -  Gartner report says pricing will play key role in popularising service By Raju Chellam PUBLIC wireless local area network (LAN) services are set to take off this year in Singapore and key countries in the Asia-Pacific region, according to a report by
      484 words
    • Article
      Lock icon DBS not in joint venture with LSD
      393 9  -  rTCTTWEag Julie Yeo Vice President, Group Communications DBS Bank WE would like to draw your attention to several serious errors in Lee Han Shih's article headlined "High and dry with LSD in Hong Kong" (BT, Jan 14) Mr Lee's article stated that DBS
      393 words
    • Article
      Lock icon Phoon Huat Building, Allamanda Grove site up for sale
      258 9 A FREEHOLD industrial building at Paya Lebar and freehold land off Sixth Avenue have been put up for sale by tender. Phoon Huat Industrial BuUding in MacTaggart Road is expected to fetch around $10 million or $235 per sq ft of
      258 words
    • Article, Illustration
      Lock icon IDA sticking to end-2004 deadline for 3G rollout
      485 9  -  It responds to operators' latest call for flexibility By' Tang Weng Fai THE Infocomm Development Authority (IDA) yesterday said it would not change its end-2004 deadline for nationwide rollout of third generation (3G) mobile phone services, even as operators like Sing Tel
      FILE PHOTO  -  485 words
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      91 9 The new X-iype 2.0 L V 6 leather alii 7 v %jb£BB!^^^ fir JP^ >Jy Malayan Motors 45 Leng Kee Road, Singapore *****3 Tel: 6378 2662 6378 2626 6378 2627 Opening Hours: Monday to Friday Bam 7pm Saturday Bam 6pm Sunday Public Holidays 10am 6pm Associate: PT. GRANDAUTO DINAMIKA Jl.
      91 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Soh to file suit against Ling again
      362 10 KUALA LUMPUR He lost an earlier case against the transport minister Bloomberg MALAYSIAN businessman Soh Chee Wen will file a lawsuit against Transport Minister and former party colleague, Ling Liong Sik, after having lost an earlier case seeking money he claims he is
      Bloomberg  -  362 words
    • Article, Illustration
      Lock icon Dr M's adviser puts spring in M'sia market
      621 10 THE VALUECAP FACTOR Since V&lnec&p's announcement last weekend, ELSE index has risen 6% Reuters [KUALA LUMPUR] Long forgiven for losing billions of dollars in risky currency trades for the Malaysian central bank, Nor Mohamed Yakcop must now be hoping for better luck
      Reuters; NSTP  -  621 words
    • Article
      Lock icon Thai banks set to post robust profits
      476 10 BANGKOK Fewer bad loans, surge in consumer spending lift sector Reuters, AP THAI banks will report solid 2002 earnings this week, reflecting fewer bad loans and a boom in consumer lending that is likely to spill over into this year. Historically low interest
      Reuters,; AP  -  476 words
    • Article
      Lock icon KLSE says sharp rally reflects underlying strength
      229 10 KUALA LUMPUR Reuters AS MALAYSIAN stocks surged for a fourth day yesterday propelling the benchmark index to its highest in almost three months, Malaysia's stock exchange said it was unconcerned by the sharp rise which it said reflected the market's underlying strength. Kuala
      Reuters  -  229 words
    • NOTEBook
      • Article
        Lock icon HK$ peg architect: Keep system
        77 10 Reuters [HONG KONG] John Greenwood, widely seen as the architect of Hong Kong's 19-year-old fixed currency exchange rate mechanism, said yesterday there was no reason to alter the system despite concerns it has led to deflation. Mr Greenwood, chief economist at UK-based asset management firm
        Reuters  -  77 words
      • Article
        Lock icon Thais expect results from bond talks
        61 10 Oana-Xinhua [BANGKOK] Bank of Thailand (BOD governor Pridiyathorn Devakula has disclosed he expects the ongoing talks on the Thailand-proposed Asia Bond Market to show some concrete results by March. He said the BOT was negotiating with other central banks in Asia on an initial
        Oana-Xinhua  -  61 words
      • Article
        Lock icon Jakarta bourse reviews rules
        91 10 Reuters [JAKARTA] The Jakarta bourse said on Monday it is reviewing current rules in a bid to attract more firms to list on the country's biggest stock market and that it expects to complete the moves by the end of the first half of this year.
        Reuters  -  91 words
      • Article
        Lock icon Two Bali bombing suspects nabbed
        80 10 AP [JAKARTA] Indonesian police arrested two key suspects in the Bali bombings as they tried to flee the country in what officials described yesterday as a significant break in the investigation of the bloodiest terrorist attack since the Sept 11 strikes. All Imron and Mubarak
        AP  -  80 words
      • Article
        Lock icon Mega cancels visit to restive district
        70 10 AFP [JAKARTA] Indonesian President Megawati Sukarnoputri has cancelled a visit to the restive district of Poso in Central Sulawesi province, her spokesman said yesterday. No reason was given for the abrupt change of plans. Another official was quoted as saying Ms Megawati will instead
        AFP  -  70 words
      • Article
        Lock icon Estrada says he rejected bribe
        48 10 Bloomberg [MANILA] Former Philippine president Joseph Estrada, who is charged with amassing mpre than US$BO million in bribes during his 31 months in office, said he rejected a US$l4 million bribe related to a power contract with Argentina's Industrias Metal urgicas Pescarmona SA.—Bloomberg
        Bloomberg  -  48 words
    • Article
      Lock icon Infosys, Wipro eating into business of US rivals
      462 11 NEW DELHI This may help keep their stocks among software industry's top performers Bloomberg INFOSYS Technologies Ltd and other Indian software groups are grabbing clients from US rivals as companies cut costs. Investors say that may keep their stocks among the industry's
      Bloomberg  -  462 words
    • Article, Illustration
      Lock icon Yangtze Power to sell 35b yuan of shares to fund dam
      374 11 Bloomberg [BEIJING] The owner of Three Gorges Dam, the world's largest hydropower project, plans to sell 35 billion yuan (557.3 billion) of shares over seven years, China's biggest attempt to fund a government project on the stock market. China
      Bloomberg; AFP  -  374 words
    • Article, Illustration
      Lock icon Economy's growth based on solid foundations: Pakistan
      449 11 ISLAMABAD Official cites stock market boom, rising fores reserves Reuters PAKISTAN'S top financial official said a booming stock market, reduced debt payments and rising forex reserves were the foundations for real growth in years to come and not indicative of a "virtual" economic
      Reuters  -  449 words
    • ASIANotes
      • Article
        Lock icon No more talks on subdivision bill: HK
        78 11 Reuters [HONG KONG] The Hong Kong government yesterday ruled out a second round of public consultation on a controversial anti-subversion bill despite widespread demand and said it will present the draft law to legislators next month. The proposed law is one of the
        Reuters  -  78 words
      • Article
        Lock icon Taipei bans bribing foreign officials
        64 11 AP [TAIPEI] Taiwan is ready to enforce a new law that calls for business people to be imprisoned for up to five years if they are caught bribing foreign government officials, an official said yesterday. International watchdog groups have accused Taiwanese businesses of frequently using
        AP  -  64 words
      • Article
        Lock icon Philips moves monitor plant to China
        52 11 Bloomberg [AMSTERDAM] Royal Philips Electronics will move production of some displays used in televisions and personal computers to China to cut costs. About 500 jobs will be eliminated at the plant in Szombathely, Hungary, where Philips currently makes cathode ray tube monitors, the company
        Bloomberg  -  52 words
    • Article
      Lock icon China sees 12% FDI growth to US$52.7b
      531 12 THE CHINA DRAW But increase will be at a slower pace, analysts say Bloomberg Reuters, [BEIJINGJ Foreign firms invested a record U5552.7 billion in China in 2002 and may pour in even more this year, lured by cheap labour and an economy that
      Bloomberg; Reuters,  -  531 words
    • Article
      Lock icon China okays 9 banks as QFII custodians
      140 12 Reuters [HONG KONG] China's cen tral bank said yesterday that it has given approval to nine banks to act as custodians under its scheme to let foreign investors buy into the country's roughly US$5OO billion A share market, including overseas giants Citibank, HSBC
      Reuters  -  140 words
    • Article
      Lock icon HSBC to buy 15% stake in China bank: report
      153 12 Reuters [HONG KONG] Global banking giant HSBC will take a 15 per cent stake in Bank of Communications, China's fifth largest bank, a Beijing-backed newspaper said yesterday. A spokesman for Shang-hai-based Bank of Communications had no comment on the report, but
      Reuters  -  153 words
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      1253 10 Notices UHaWA NUMIINLU r I LLIU (Incorporated in the Republic of Singapore) (In Members' Voluntary Liquidation) ADVERTISEMENT ON UNCLAIMED SHARES AND DIVIDENDS TAKE NOTICE thai ÜBSWA NOMINEES (S) PTE LTD (the "Company") formerly also known as. Paul Morgan Associates' Nominees Pie Lid SBCI A Associates (Singapore) Nominees Pie Lid SBC
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      894 10 IN THi MATTER Of THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF LAMBETH TRADING PTE LTD (MEMtERS VOLUNTARY WINDING UP) Al on Extraordinary Generol Mwting ol Ihe obovenomed Company held ol 12 tue 6m Sain*-' Victor CH1206 Gwiwo Swiltetlund o«i 1 3lh day ol January 7003 al 10.00
      894 words
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      247 11 GKE International Ltd GKE INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 8 March 2000) Invitation in respect of 40,000,000 New Shares of $0.05 each comprising:(a) 12,000,000 Offer Shares at $0.20 for each Offer Share by way of public offer; and (b) 28,000,000 Placement Shares at $0.20 for each
      247 words
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      127 11 Wharton 5 r SINGAPORE The Whamn School MANAGEMENT Uehrersity of Ptnmytvania UNIVERSITY The Wharton-SMU Executive Programmes. One of the most important investments you'll ever make. Wharton-SMU In an era of exacting global competition for skills Executive Programmes arK j innovations, the Singapore Management University Corporate Finance (SMU) is primed to
      127 words
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  • Article, Illustration
    Lock icon FINANCE
    1098 12 Transaction date: Jan 14 DTTERBAJfK CTU)SS RATES A$ C$ fca» Un m miH tapMi Tea Woo H( Ct Wh Ml SS «and Sft OTS 8aM Naad USS Australia 0.901 4.854 0.5S4 4.560 28.020 51.813 0.695 6J81 2.222 1081 34.021 ***** L0V4 1053 0.809 20.190 24.932 0J65 0.585 Canada 1.TK)
    1,098 words
  • Article
    Lock icon COMMODITIES
    1359 12 SXCOMFUTPKES Jan 14 RUB8EI Mm ICM| picas) ISS1 (Sctnta/ty CIom VotHM OpM MMt> W|h Law Sttt (toMM) hrtamt Fafc 03 158.00 Mar 03 ***** Apr 03 *0.75 May 03 *0.75 *SS 3 (US caabAf) Mm OpM Mart* M* Uar > Satt (t0HH) htmit F«t> 03 90.00 90.00 90.00 300
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  • WORLD news
    • Article
      Lock icon Crude up on news of smuggled Iraqi materials
      425 13 LONDON Bat UN team hasn't determined if they're linked to banned weapons Bloomberg CRUDE oil rose as much as 2.1 per cent yesterday after the BBC reported that United Nations arms experts have found large quantities of illegally smuggled materials in Iraq,
      Bloomberg  -  425 words
    • Article
      Lock icon Japan appoints new head to handle forex policy
      397 13 TOKYO AFP, Bloomberg ZEMBEI Mizoguchi became Japan's new voice on foreign exchange policy yesterday, taking on the tough task of deciding when and by how much to intervene in the market to halt a rapid rise in the currency, analysts said. Speculation
      AFP,; Bloomberg  -  397 words
    • Article, Illustration
      Lock icon EMI in merger talks with BMG: report
      239 13 Bloomberg [LONDON] EMI Group pic, the UK music company whose artistes include Robbie Williams, and rival Bertelsmann AG's BMG music unit are in active merger talks, the New York Post said, citing two people familiar with the matter. Hie two music companies abandoned
      Bloomberg; AFP  -  239 words
    • Article
      Lock icon IBM tops US govt's patent list for 10th year
      448 13 NEW YORK NYT, Bloomberg FOR THE 10th year in a row, the US Patent and Trademark Office has awarded more patents to inventors at IBM than to those at any other company. IBM was awarded 3,288 patents last year, edging out
      NYT,; Bloomberg  -  448 words
    • WORLDWatch
      • Article
        Lock icon Analysts expect solid Q4 from Intel
        75 13 Reuters (SAN FRANCISCO] Intel Corp stands to gain from stronger-than-expected sales of pricier chips for laptops and server computers in Q4, opening the possibility it could top cautious earnings estimates, analysts said. The average estimate is for it to post earnings per share of
        Reuters  -  75 words
      • Article
        Lock icon Constellation may buy Aussie firm
        60 13 Bloomberg [RE YNELLA, Australia] Constellation Brands Inc said it is in talks to buy BRL Hardy Ltd, adding faster-growing Australian brands to create the world's largest wine producer. A bid may cost the US company at least A 51.85 billion (551.87 billion). BRL Hardy was
        Bloomberg  -  60 words
      • Article
        Lock icon BIS names new Canadian GM
        57 13 Reuters [BASEL, Switzerland] The Bank for International Settlements said Canadian Malcolm Knight will take over as general manager, replacing Andrew Crockett who will step down at the end of March. It is the first time in the 72-year history of the BIS that a non-European
        Reuters  -  57 words
      • Article
        Lock icon Toy retailer files for Chapter 11
        34 13 NYT [NEW YORK] FAO Inc, the high-end specialty toy retailer that owns FAO Schwarz, Zainy Brainy and Right Start stores, filed for Chapter 11 bankruptcy protection on Monday.—NYT
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        Lock icon Kmart to shut stores, cut 25,000 jobs
        57 13 Reuters [CHICAGO] Kmart Corp will announce it is closing about 330 stores and slashing more than 25,000j0bs in its biggest cost-cutting move since the retailer declared bankruptcy a year ago, the Detroit Free Press reported yesterday. The retailer now operates more than 1,800
        Reuters  -  57 words
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        Lock icon Argentina to pay US$680m debts
        119 13 Reuters [BUENOS AIRES] Argentina will pay from its international reserves a US$6BO million debt due today to the Inter American Development Bank and a US$l5 million debt with the World Bank, a government source said yesterday. The payments will likely pave the way for a
        Reuters  -  119 words
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      Lock icon Tyco CEO's pay package soars on restored stability
      472 14 BOSTON Market cap has risen USslob since Breen started work last Jnly Reuters THE pay package Tyco International Ltd used to land chief executive Edward Breen in July has more than doubled in value to US$l2l million, reflecting his success in leading
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      Lock icon CNN chairman quits to head policy institute
      524 14 NEW YORK WALTER Isaacson, the chairman of CNN since the summer of 2001, said on Monday that he would leave the network and its parent, AOL Time Warner, in the spring to become chief executive of the Aspen Institute, a non-profit research centre
      AP  -  524 words
    • Article
      Lock icon AOL's Case made fortune from shares
      337 14 NEW YORK NYT STEVE Case may be out of work, but he is unlikely to run out of money. Long before announcing on Sunday that he would step down as chairman of AOL Time Warner, Mr Case had liquidated some of his stockholdings. He
      NYT  -  337 words
    • Article
      Lock icon O'Neill critical of Bush stimulus package
      285 14 WASHINGTON NYT, AFP PAUL O'Neill, in his first public comment since President George Bush fired him last month as treasury secretary, has criticised the president's plan to eliminate taxes on stock dividends as something "I would not have done". Mr O'Neill's remark came in
      NYT,; AFP  -  285 words
    • Article
      Lock icon HIH's execs, auditors broke laws: Aussie inquiry
      538 15 SINGAPORE Govt advised to pursue criminal or civil charges against key figures, including ex-CEO NYT AUSTRALIAN law was apparently broken hundreds of times by executives of HIH Insurance and by its auditors, the Australian branch of Arthur Andersen, before the company collapsed early
      NYT  -  538 words
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    Lock icon STOCKS ASIA
    4844 13 Transaction date: Jan 14 for more, go to wwwxisiaonenrnarketsjcom HONGKONG m HUWI 005 2217 MS *m Hong Kong Electnc 2985 425 2302 Hongkong Chinese .0.59 unch S7 Alpha General. 0.01 unch 6128 Hongkong Chinese Ltd 0.59 unch 87 AnandaWingOn .0.02 unch ***** Hopewell Holdings 610 -005 2257 Angang
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  • Article
    Lock icon KLSE
    2280 14 Transaction date: Jan 14 KUALA LUMPUR 4NMV SE f Wdi FSBM 1.80 -0.03 5 MM w- roam FW Industries A16 unch 0 Gadang 1<0 -0.01 22 A«M Realty 0.84 unch 0 -J* 21? "S Abric 100 -0.03 114 GanadCorp .0.99 0.01 26 ACP Industries 291 -0.01 53 00 _1
    2,280 words
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    Lock icon SGX
    791 14 Transaction date: Jan 14 !>*■■> ■> Ow a—ji i om» am t CMC 0.42 UOO -0100 NtfSMl SOc 047 2390 *0310 CipttaLand 1.12 1.190 OCK 932 9500 .OK® Chart SarraCond 29c a74 0395 -000S OUf 034 (190 <0.190 OlyOavSOc 190 4460 -0.0(0 Parkway H 25c 039 OJK -OjOOS Oaaova
    791 words
  • Article
    Lock icon BONDS & WARRANTS
    391 14 BONDS WARRANTS UM V* CM b> *52 Ml IE— Xfci 1^1 .OIMMHI CTt 1 <« 139 OJO O tMiamwim u i so t» ua u AMMnwaotio m 5 i i ii 14* n A*N09n«VMM0U« 15 t 10 ICS 547 14 toHiwnontigi w km so t*»sv»on«oi iok kmumwimbi ti i a
    391 words
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  • Article
    Lock icon SGX MAINBOARD
    5496 15 Transaction date: Jan 14 for live prices, log on to uwrwjasiaoriemarkets/xmi 52-Wk Lxxt Vat Oay LxtQaot* MM* M» GtVM MM MCaa 1—1 I— Sate W- C«W| L— —yr 5—» Cm K ABNAmroNLG 56c '<14 205 9 ACE Dynamics20c 11 10.5 12.5 07 8 12 18 3 109 245
    5,496 words
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    Lock icon SGX XTRANET
    65 15 SMk M M Day 11 OH Crtfer Mr arm M mem Urn 1 M» W- fwi —i I— *4fcr Cw m W ***** 89 Oumontk US11J 12O0 8780 5340 1MB ISOJUSTcch.. US3740 in SSS ft MSG Spore USSS5 UNO 000 BSAHOO US«270 ***** (780 sm US8280 180S 1380
    65 words
  • Article
    Lock icon SGX SESDAQ
    1399 15 IM V* Bay L—Q—H fifOhr Ofcr CUM MM HCa t— Ci >* w- r— w» i— rn*m s*i cw m <a 22 9 AMMdgtSc It 10 135 !U MS 1$ APCMSc 17.5 16 115 5 113 1* 7 A IM U 14 AS Auto 10c 21 *0.5 310
    1,399 words
  • Article
    Lock icon CLOB INTERNATIONAL
    283 15 tat M My UBQuote G»tt» M» CftM MM MCa 'T-y-j w- n»» m+ i— -yr frfcr Cw m >J IIS (0 AVJ«™ng»A2Sc A97 5 415 260 98 5 97 5 97 5 98 40 34 10 3 5.7 209J p fc£oc 1™ IS 11 fS STSS&«4S 2 M
    283 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      188 15 CRYPTIC CROSSWORD 26 Not aUiar*» (4) 27 I get pistol out in a flap! 8 Edward produces toys Across: 1 Penetrated, 9 Peri, (10) (5-5) 10 Frolicking, 11 Walter, 12 11 When racers start at the Statute, 15 Mothers, 16 Avoid, DOWN beginning (4, 3, 4, 2) 17 Rail, 18
      188 words
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      244 16 PRIMERA SHIFT ,he,u,ure W #1% AT D* thm yirimnra Wartnn Rath CGfftm Wftti -V'" r ~t'~-*- ■y i 'a- .v :ji il #,v^l ffi Z^/ 600y^F^| Good Design Award Gold^rize^OOl^^^ Li g Mdl 1M: Tan Chong Motor Centre. 911 Bukit Timah Rd, 5(*****2) General Una: MtaiM Mars: Auto Mega Trodlne
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  • BT motoring
    • Article, Illustration
      Lock icon Car prices may be driven even lower
      673 17  -  hi < comment MOTORING christopher tan CAR prices are at their lowest since 1990, but there may still be room for some of them to move farther south. And from the looks of it, upper-range products are prime candidates for this. Besides economic
      673 words
    • Article, Illustration
      Lock icon Thai-made Vios expected to sell well in S'pore
      433 17  -  By Samuel Ee in Bangkok SALES of the new Toyota Vios in Singapore are expected to be 30 per cent of those of the top-selling Corolla or about 3,000 units a year. Borneo Motors, the distributer for Toyota and Lexwill be an
      SAMUEL EE  -  433 words
    • Article, Illustration
      Lock icon Stay well connected with this Merc S-class
      250 17  -  By Christopher Tan MERCEDES-BENZ yesterday showcased an S-class limousine fitted with 3G communications hardware, affording the chauffeured such luxuries as video telephony and video streaming. While wireless wonders have been shown in concepts before, Mercedes' example is the first to embrace the high-bandwidth
      ARTHUR LEE  -  250 words
    • Article
      Lock icon Lower traffic for carparks in the CBD
      272 17  -  By< Christopher Tan IN another sign of the times, carparks in the central business district are experiencing a dip in occupancy and traffic. Motorists in the CBD area, previously accustomed to being put on the waiting list for season lots, are now finding
      272 words
    • BUMPER to BUMPER
      • Article
        Lock icon Toyota's Indian unit to export parts
        97 17 TOYOTA Motor says its Indian unit will export parts to plants in eight countries including Thailand by June 2004. Toyota Kirloskar Auto Parts will make as many as 160,000 transmissions a year. The company is 64 per cent owned by Toyota Motor, 26 per
        97 words
      • Article
        Lock icon DaimlerChrysler in China talks
        81 17 DAIMLERCHRYSLER is in talks with its Chinese partner to build Mercedes-Benz sedans in China as it tries to catch up with rivals Audi and BMW in the fastest-growing major car market. DaimlerChrysler and Beijing Automotive Industry Corp which builds sport-utility vehicles with the German group and
        81 words
      • Article
        Lock icon Nissan on trank to meet profit goal
        91 17 NISSAN Motor expects to meet or exceed its profit goal for the year ending in March and is "on track" to add a planned one million in vehicle sales by March 2005, says chief executive Carlos Ghosn. New light trucks such as the
        91 words
      • Article
        Lock icon BMW's car sales 2/3 in China
        74 17 BMW says car sales in mainland China rose by almost two-thirds last year as tariffs fell and import quotas rose. Sales of the company's sedans, all of which are imported, rose 62 per cent to 6,677. Sales In Hong Kong rose 69 per cent
        74 words
      • Article
        Lock icon Diesel cars to be sold in the US
        107 17 DAIMLERCHRYSLER and Volkswagen plan to sell diesel-powered passenger vehicles in the US as they try to avoid potentially billions of dollars in costs for developing other fuel-efficient alternatives. A diesel version of the Mercedes-Benz E-class sedan is dated to go on sale
        107 words
      • Article
        Lock icon Honda sets China target
        82 17  -  Compiled by\ Christopher Tan HONDA Motor, the world's largest maker of motorcycles, has set a goal of winning 30 per cent of China's two-wheeler market in Ave years. It also plans to expand output in India this year. To help reach its target, Honda plans to
        82 words
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      13 17 For the latest op— i—rtat value rates of purnmr care, go to http^/appJ^iiwt4^j|/iciiph/lla/3Xo^^
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      Lock icon Page 17 Advertisements Column 2
      194 17 Jtßbk Baker M<?Kenzie.Wong Leow ABOGADO PTE LTD |"ii^ Legal Seminar on Current Issues and Updates Wednesday, 22 January 2003 THE SEMINAR Baker McKeazie.Wong Sc Leow and Abogado Pie Ltd are pleased to present a half-day seminar on current legal issues and updates pursuant to recent changes and proposed changes in
      194 words
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  • PERSONAL investment
    • Article, Illustration
      Lock icon Precious commodities
      1624 18  -  Traditional asset classes such as bonds and property are not where the money is. Instead it pays to invest in corn, gold and certain other commodities, a trader tells Nell Weinberg Neil Weinberg IT has been a thoroughly depressing two decades for commodities speculators. After a burst of
      REUTERS  -  1,624 words
    • Article, Illustration
      Lock icon Sellers make $30m disposals
      958 19  -  ll?WI»]3 markets Vibropower Corporation and IDT Holdings (Singapore) buy back shares for the first time since their listings By. Robert Halili The writer is managing director of Asia Insider Sellers got off to a strong start in 2003 with nearly $30 million worth of disposals so
      FILE PHOTO  -  958 words
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      380 18 1 1 I j 1 1 i I I i i 1 j 1 i i i 1 i i f i f—-j r j i P SGAM Total Return Bond Fund Add Excitement: lo: Your Investments SGAM Total Return Bond Fund I lie S(,.\M |()t,iI Return Bond I unil
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  • Page 19 Advertisements
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      188 19 Where to wine, dine and entertain... A World With FREE Choice ot One Coffee/Tea/Soft Drinks or Chin Chow HAINANESE CHICKEN RICE NASI GORENG ISTIMEWA CHICKEN CURRY CANTONESE BEEF HOR WESTERN SET LUNCIJJW Its DaHT^H Mug@s4.oo nett cadi I Jug@>sls.oo net! eadh 1 HBHI MlA** For enquiries, call us at 6430
      188 words
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      Lock icon Page 19 Advertisements Column 2
      562 19 Traditionally, media decisions are based on numbers readership, reach, frequency, cost per thousand, etc. While these are important, we are increasingly witnessing the dependence on cutting-edge factors that go beyond the numbers. How does the brand image of newspapers impact on the Tham Khai Wor has 30 years of experience
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      Lock icon Page 19 Advertisements Column 3
      103 19 Lunch 11.30 am 2.30pm Japanese Bento Sushi p Delivery I sushi Japanese Benko call 8253 077^] Weekdays $*5-90»* (Adult) $12.90** (Child u yn ft below) Weekends Public Holiday $*8.90+* (Adah) $15.90++ (Cfcßdiajm* below) Includes FREE FLOW of a Coll 6324 6218 for reservation 7* f(Jkd a 52 P»goda Street (Near
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      123 19 AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Enquiries: 6831 6291 X •M ll*«r |T| Mandarin Singapore _J wn 333 Orchard Road, Singapore *****7. Tel: 6737 4411 Fax: 6732 2361 Whet your appetite with Sashimi, Oysters, Sushi, mouth-watering Barbecued Meats, Pastas, a Tempura station and
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  • EXECUTIVEmoney
    • Article, Illustration
      Lock icon Making the most out of your cash
      1441 20  -  There is no dearth of attractive and low-cost options to park your cash but beware of liquidity risks. Genevieve Cua highlights some instruments Genevieve Cua HERE'S a poser: Where can you get better returns for your cash, without exposing your capital to undue
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      Lock icon Are you ready to hedge?
      795 20  -  More hedge funds are available given MAS' relaxed rules bnt bear in mind risks and fees before yon invest By Genevieve Cua HEDGE FUNDS: are they the flavour for this year? So far one fund of hedge fund (FOHF) by ABN Amro Asset Management is
      LUDWIG ILIO/ST  -  795 words
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      195 20 mUUJIiI i Everyone dreams comfort. But do you know what your future financially? Because what present ma y well determine the future, is important to act now. Take the first step by talking Prudential Adviser. He provide you with some of the best advice you've ever had. v Prudential Advisers
      195 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      268 21 Knight-Ridder, Reuters THE Baltic Dry Index fell 1 point to 1760, the Baltic Capesize Index fell 10 points to 2408, the Baltic Panamax Index rose 10 points to 1801 and the Baltic Handymax Index fell 15 points to 9656. Channel Poterne (built 1997) *****1 dwt 14.5 on 55.5
      Knight-Ridder,; Reuters  -  268 words
    • Article
      Lock icon MARITIME STOCKS
      245 21 MX IN JaaM w CWT Distribution—0.70 unch 0 ChuanHup 0.44 -0.01 2384 Cosco Investment-.0.20 unch 188 Freight Links 0.03 unch 78 GB Holdings 0.61 -0.01 14 Jeye Holdings 0.24 -0.01 350 KeppeiCorp 3.96 0.08 7475 Keppel Marin* 0.16 unch 220 Kappa! Tela 0.82 unch 109 I abroy Marine
      245 words
    • Article, Illustration
      Lock icon Asia urged to stand up to US, EU hold on shipping laws
      624 21  -  l=l^xclusivej Unified Asia will be able to counter growing threat of regionalisation: HK shipowners By Donald Urquhart [SINGAPORE] An urgent and unified response by Asia to the threat of increasing regionalisation of shipping regulations by the European Union
      FILE PHOTO  -  624 words
    • Article
      Lock icon Japan may refuse entry to certain ships
      241 21 Targets are foreign ships with no insurance, poor safety standards Xinhua [TOKYO] Japan may allow its port authorities to refuse foreign ships that do not have insurance or fail to meet safety standards to enter into the country, Kyodo News reported yesterday. The
      Xinhua  -  241 words
    • PORTShots
      • Article
        Lock icon Search for Tunisian ship continues
        139 21 AFP [KIEV] Tunisian and Ukrainian rescue workers battled difficult weather conditions on Monday as they continued to search for a Tunisian cargo ship that went missing last week off the Black Sea coast Ukraine's emergency ministry said. Five Tunisian rescue workers have joined the search,
        AFP  -  139 words
      • Article
        Lock icon Thai carrier to sell 30% stake to LT
        174 21 Reuters [BANGKOK] Thai state shipping company Thai Maritime Navigation Co Ltd said on Monday it was in final talks to sell about 30 per cent of its equity to Italian container line Lloyd Triestino (LT) for 300 million baht (5513.2 million). Thai
        Reuters  -  174 words
    • Article
      Lock icon Australia probes drifting 'ghost ship'
      353 21 Fishing vessel found without crew, carrying tonnes of rotting fish AFP [SYDNEY] An international investigation has been launched after an Indonesian "ghost ship" was found drifting in Australian waters without a crew and carrying tonnes of rotting fish, officials said yesterday. The ship, initially spotted
      AFP  -  353 words
    • Article, Illustration
      Lock icon Vicky arrives in Rotterdam after Channel collision
      324 21 AFP [ROTTERDAM, The Netherlands] The Turkish-registered tanker Vicky, which had been in the Channel since Jan 1 after hitting the wreck of the Tricolor, has arrived in the Dutch port of Rotterdam, port authorities said. "The Vicky arrived late Sunday night. Its remaining
      AFP  -  324 words
    • Article, Illustration
      Lock icon Shipping industry cannot adopt aviation practices
      935 22  -  STRAIT TALE -By David Hughes EVERY time there is a high profile collision at sea, the calls come for shore-based traffic centres that would operate in a similar way to air traffic control centres. So, not surprisingly, following recent accidents at the entrances to
      FILE PHOTO  -  935 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      198 22 PAGE Avant 8 B'tang Mas S BSA 6 BSC 8 BTL 8 CMACGM 3 COSCO 3 Chahaya 8 Charter Shpg 8 China Shpg 5 Confer 8 Cougar 5 CWT Globeiink ...6 Delmas 4 Dongnama 3 EP Carriers 8 ECL 3 Eng Lee 8 ESP Lines 9 Evergreen
      198 words
    • Article
      Lock icon SHIPPING GUIDE
      11738 26 THEBUSINESSTIMES EXPORT ETA ETA Adv*rtis*r V«sd Voyag* Taiapbon* ETA ETA Adv*rtls»r Vessal Voyaga Tn«>hon* SIM Dvsfn Nm Nam* Numbar Numbar SIN D*st'n Nam* Nam* Numt>*r Number (£88® D8tt i, o > v, N v yv MN <• NM A v US 26/01 30/01 ECL GOLD INDUS 21 65-*****W
      11,738 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        534 29 Vessel Voy Wo Berth Arrival Departure JURONG PORT GOLDENMULIA JB0101 J7 A/SIDE 15/01 0300 MARCOPOLO 24 01/03J J13 A/SIDE 15/01 0630 SUMBER MAS 8 2114 J13 A/SIDE 15/01 1200 ALPHAHARMONI 66 J5 15/01 2130 16/01 2300 BAYSWATER118 M3011 J3 15/01 0800 15/01 1630 BLUE STAR *****3 J3 15/01
        534 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1973 29 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Bert! Name Voy Voy icq berthing Nmb ACX MARGUERI 013N 013N 1 1801/2003 15 00 1*01/7003-03 00 AEGEAN EXP 2% 295 1 1501/2003 1800 1601/*****400 P04 ALAMJAYA2 8830 8830 1 1601/2003 1500 1601/2003 2300 AMBER 1 032
        1,973 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        481 29 totali Jm 9 bmlty Water »«il*n AjhAlvlilv Si«wi»t [no tt/iri %V/V »■/>» mi mUmi ISO/C»m* Units Spec E25 991 U> 15.0 0.10 80 0.10 Spu 635 991 U) 0 0.B 80 0.W northern Europe 180 Aw 976.0 0.1 10J 0.04 18 0.01 180 Mm 995.1 1.0
        481 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        148 29 Jan 31 Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Feb 1 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. Brunei/Chinese New Year Feb 3 China: Lunar
        148 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        815 29 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated The Cockett Bunker Price Index change and the
        815 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon US airlines with subsidised fares face EU penalties
        433 30 Taxes may be levied or landing rights curbed to counter 'predatory' pricing Bloomberg [STRASBOURG, France] A new European Union law may lead to penalties on US airlines that use subsidies to undercut the fares of European rivals. The European Parliament was scheduled
        Bloomberg; AFP  -  433 words
      • Article, Illustration
        Lock icon Airbus poised to topple Boeing as top planemaker
        566 30 It expects to deliver 300 planes this year against 275 to 280 for Boeing Bloomberg [TOULOUSE, France] Airbus SAS may match or surpass Boeing Co as the world's biggest maker of large commercial aircraft as airlines increasingly favour the European company's newer
        Bloomberg; FILE PHOTO  -  566 words
      • Article
        Lock icon Hungary's Malev Airlines awaits privatisation again
        459 30 AFP [BUDAPEST] Hungary's beleaguered Malev Airlines is preparing for privatisation for the third time in a decade, this time trying to become profitable by stepping up efforts to join a global alliance and renewing its fleet. "The new year could bring a significant change
        AFP  -  459 words
      • LOGBook
        • Article
          Lock icon Buzz in talks with various partners
          97 30 Bloomberg [AMSTELVEEN, Netherlands] KLM Royal Dutch Airlines NV's low-fare unit Buzz is in talks with various potential partners to expand its business, said Bart Koster, a spokesman for KLM, Europe's fourth-biggest airline. Mr Koster would not say whether Ireland's Ryanair Holdings pic, Europe's second-biggest
          Bloomberg  -  97 words
        • Article
          Lock icon Lufthansa's paśenger traffic up
          113 30 Reuters [FRANKFURT] German airline Lufthansa said passenger traffic in December rose 12.6 per cent over the same month a year ago, when the industry was stiU reeling from the effects of the Sept 11 attacks. However, for 2002 as a whole, Lufthansa saw passenger traffic faU
          Reuters  -  113 words
        • Article
          Lock icon 80% of Iberia's H1 fuel needs hedged
          97 30 Reuters [MADRID] Spanish airline Iberia said 80 per cent of its expected fuel requirements for the first half of 2003 were guaranteed to cost no more than the crude oil equivalent of US$26 a barrel, weU below current crude oil prices. Iberia said
          Reuters  -  97 words
      • Article
        Lock icon Cathay studying Dragonair's offer on China flights
        297 30 Attempt to defuse row over Cathay's request for mainland flights Bloomberg [HONG KONG] Cathay Pacific Airways said it is studying proposals from smaller rival Hong Kong Dragon Airlines, seeking to defuse a row over flights to mainland China, one of the fastest-growing air
        Bloomberg  -  297 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1965 30 on fusm m maw n» ****** mo so2t zno mm mm mo $m» ww ufH JZ UltvM $023 0635 2330 win oob so* a*i mm V P MB BB t.nirtu SOW 3 mo COM 0835 tmttmt UHR M DM W M WW W *223 W50 *224
        1,965 words
  • Page 21 Advertisements
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      605 22 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I VBSa VOT |WS IraawltflWCKMH |MtUS|mglOW IfWSIOKMO IkWTOM I[. TO AUSTRALIA (AUSTRALIA ABIA EXPRESS) OOQUBKA 44(03 14/01 I 15/01 I 31*1 ?VOI 07*2 OS/02 05*2 00/02 msa VOT I HAS* I PIS I« I M I —STTI m. AM OOdOONA
      605 words
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      Lock icon Page 22 Advertisements Column 2
      116 22 WORLDGATE EXPRESS LINES PTE LTD Tr* 180, Cml Street, #IG-03/04, Bank BuMhg, S pore *****6 Tel: *****911 Fax: *****073/*****863 Email: wgate©mtoox2. singnet.com .sg IK WEBSITE: http J/www wortdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS SOOTHFAST ASIA SM HI EAST Si MUM SOB-CONT W pon mtAWG/romiG it/til howg
      116 words
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      Lock icon Page 22 Advertisements Column 3
      592 22 lines* services rapreienled by I*4£ka Membersof Ragislry of (iSSjI Accndted Shippng *9.*, J"""™ S, I ULY UNE MALE nyfssa vot fu eu eu A r.KUNG SfOtt MAli Princess Lily 0103 13/01 15/01 23/01 Empress Lily 0103 29/01 30/01 06/02 Princess Lily 0203 16/02 17/02 25/02 ULY MAMNE SERVICES PTE I7D
      592 words
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      1140 23 TO EUROPE FROM EUROPE VKSa VOT SW Gff row HM w i«| MH ifttSSa I VOT MM AM HMI MV SOU 5W I API HUM) 101W 14/01 05/02 07/02 03/02 HTUONGMUL MIE 29/12 31/12 27/12 11/01 ■OMMOEE 006W 17/01 20/01 03/02 05/02 07/02 00/02 *01 ntOETT OH 31/12 02/01 0«/0l
      1,140 words
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      Lock icon Page 23 Advertisements Column 2
      1257 23 M IKmII 9mi mrect call to COiOMM) 4 days «*"i 2f"l?fL. mowwMi um/NH hl mmmsj/u ml 4Misj2i/i4I m ITD ssnss- ssae tssz tsssi« mmuuw »o*« 1/8»W 441 MRS *****314/44 I JOMOrSOfWI; (ONVBmOWU *****M1/0M tmsni/n I COSMMBIQPWt—— W;>MtMia WLO/ISMITO rsvw ls» hush* qm r* vi uoi ao u m ki/wt mtvuiu
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      626 24 m WEEKLY EXPRESS SAHJHG SCHEDULE ALSO ACCEPTING TO Ml NORTHERN AND WESTERN ICO POINTS VPSa VOT si TMUM COtOBOO N.SHPB COIOBOO HSIMSIB SOim 13 Ml IS Ml lIIMI 77 Ml 7SMI wmmok mm to mi ??mi ami *mi iiib mtmm twwis niu nm 07fb km bib ■ommcw txs 03fb osfb
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      180 26 HtHmi COiSOUtATOt SIMCI Ittl to (otomo cimra wzm OHOMIO ***** ■VCMHHB IAU 15JANSP0K ■VPtKBS IMJIHAI/KANDU HIAHSfOK IV WISDOM VM6/DBMI ?7 JAH SfOtl OOAMSTAI Spsool fotw for Sflwnhfflfcir ProMct cof|Mi Steal Paper Products bra ESP LINES IBW WEEKLY LQ SBtVKI TO LA6OS IMW—i LOAMM6 WW WH> AT Pfß PCTWPABL CONVBmONAL/MIAIMU SBVW
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      238 26 j&L CWT GLOBEUNK PTE LTD W OWN OfFICIS M: TEL:*****933 (36 LIMES) FAX:*****742 L SYDNCYHfLBOUnNtrfNANGrOKT KCLANGfAHK GUDANG KUCHIHG-BANGKOKKABACHI BOMBAY Nf W DtlHI COLOMBO HO CHI UNN CITY HAIPHONG HANOI BBIHtN HAMBUKG TIANJIN QINGDAO SHANGHAI XIAUIN fUZHOU-DALIAN XIAM-BCIJING SHI HA ZHUAMG DIRECT SAILING TO EASTISOUTH AFRICA MOMBASA vT^-n DURBAN fO JOHANNESBURG
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      55 26 O WINSTAR SHIPPING PTE LTD TH_ *****772 HUL ******07 Q NO M*****0000C t WmUt (Mm Srf) 3 Sdhfi Wwtiy (IN, WW, M) lMto| Jvrwi tei -lafc| tat Dm It Aw fOAQ/ i iV iir r n 'muni (i i lii il(fi Dm> M Dmt PROJECT CARGO! fm fktm oi U.
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      246 26 MYANMA FIVE STAR UNE WuhMllh.) lnfc| far Ymtfm rasa vwr UN m m km (MMSNWINWr S4W SU> NMM V3OOW SU M lUUTSIA: OOUSTtAD SMPfMS MOOES MIL 03-*****300 PIL 03-*****101 FOfc 04-2****** i«| BANK LINE (*««"*> t> frrfrew WMr I NOtTHIOUNP TO EUtOPE V COtfttMK, RORO, MIX t HUVYIFTS VHSa si
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      824 28 I VESSEL NAM VOT SINGAPORE PORT KELANG OfTTAGOMG BKMGU ETA HA ETP ETA ETD ETA FTP NEW SEA STAR 18N001 SAT 18/01 19/81 19/81 23/81 27/81 OC LARK 09N042 AON 20/01 21/81 21/81 25/01 29/01 QCPWTAt 02M127 TW 21/01 23/01 23 01 18/81 81/82 82/82 84/82 QCTIAL 01M133 TMU 23/01
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      1313 28 Mfb IPDZ LINES I MMm octoohi savu: ra. 02-4221 ssh fa* 02-4227-1140 I I SIWGAWKfcTOWG JOO MOFWt rnut I GISIANG AG3O3 14/01 GBWEE ***** 19/01 GWOa HOOJ 71/01 GHUM HUM 23/11 KB mm MM 25* gcwb son IV>I qq goo 3 20/01 am uuo2 23/01 am uuo2 20/01 ctmtsm m
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  • Page 29 Miscellaneous
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      133 29 wgjm/ > £9nHß9^Hft W-:%y 3**^HPv^dß!99lßH^Hß V /w //M H n/ Bifl I u 1/ W LEGEND: Issued by Meteorological Services Division. NEA R[ Thunderstorm A Showers Rain emperature C Wind direction and speed in knots Weather Cloudy Day Sea Conditions Wind speed symbols m 0 Full circle w/o line indicates
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