The Business Times, 16 January 2003

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL24933
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES MITA (P) 010/03/2002 lintencMTttpT/busines^ime^s^ SINGAPORE THURSDAY, JANUARY 16. 2003
    12 words
  • Article
    Lock icon Giant ethylene plant under study
    618 1  -  Sumitomo, Shell to condnct feasibility study for 100b yen plant in S'pore Prom Anthony Rowley in Tokyo MARKING what could be the first mega-investment commitment in Singapore this year, Sumitomo Chemical Company announced yesterday that it would conduct a feasibility study with Shell Chemicals to
    618 words
  • Article
    Lock icon MARKETS
    65 1 STI 1,386.62 (-14.75) ST INDEX FUTURES 1,398.00 (-12.00) SIMSCI FUTURES 171.80 (-2.70) Wednesday < "luinjfiKLSKCOMP MKKKI £<*. Mill 75 HASt.SK.Mi -JU»714» *771* SETINDKX .171*2 lit J VKMtTA OWP 4"*>« I MANILA WW l.ir7*»47_ 14 14 taipki wn *017 7<i S»H L<1>MP *4*29 ITS SHENZHEN B SftiM 2JW Ai ST
    65 words
  • Article
    Lock icon FINANCE
    83 1 FOREX KATES U$| f$ I SS |SS jrr I S5> |.7» *|1 S.VSS prr S) l «xt i7!H El Ri>|l SSS&Kl HM I.K57 YEN 11 HO «k id n 3 Ml UK HK5 7.799 4499 BAHT 41C <4 r9 RI'PIAH HIS KKNVIVB1 <Cfia 47*» INDUS Kl TEE 47 JM
    83 words
  • Article, Illustration
    Lock icon SIA veteran Chew Choon Seng is next CEO
    776 1  -  He takes over from Dr Cheong who retires in Jane By' Ven Sreenivasan [SINGAPORE] Singapore Airlines veteran Chew Choon Seng will take over the helm of the national carrier from Dr Cheong Choong Kong in June when the latter retires, SIA said
    776 words
  • Article
    Lock icon Application to trademark.sg raises concern
    894 1  -  Legal, dotcom sectors perplexed by IDA unit's move Byi Catherine Ong [SINGAPORE] An application by the governmentowned Singapore Network Information Centre Pte Ltd (SGNIC) to register ".sg" as a trademark is raising concern in the legal and dotcom communities. ".sg" is commonly featured at the
    894 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      9 1 Commentary: Cracking their heads over another cracker, Next Page
      9 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      159 1 I By 29th Annual Report Award-2002 H Govcrnance^^ flA xch^^^d Br is ,o, v chi3 s^gH »*'»jy*vsff 1 T;l™; i Corporate Oscar Night: Corporations that take pride in their annual reports got their recognition last evening. Presenting the awards was Singapore Exchange chairman J YPillay (centre). Among the recipients were,
      159 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      37 1 GAMES GUYS 'N 1 GIRLS PLAY There's a new thrill in town: games. And, Vss surprise, half L/ Its players are female. Biz IT, Pg 22 SM6APORE COMPAMES P*w 4, 5, S SMGAPORE NEWS PMn 11A 12
      37 words
Page thumbnail Page 2
  • NEXT page
    • Article, Illustration
      Lock icon Oei confirms he's not accepting 98's offer
      1006 2  -  But how long he will be a'stayer'will depend on the circnmstances By 1 Serena Ng [SINGAPORE] Nat Steel's second largest shareholder, Oei Hong Leong, yesterday confirmed that he would not be accepting 98 Holdings' general offer despite its having turned unconditional. However, a
      1,006 words
    • ON THE grapevine
      • Article
        Lock icon Consultants still count
        167 2 DESPITE two rough years, no thanks to corporate scandals of the Enron kind, business consultants' global revenue still amounts to a massive US$l22 billion a year with half of this coming from North America. Some consultants have had to do a lot of soul-searching and evolve in
        167 words
      • Article
        Lock icon Buffett's the man to beat
        102 2 IN a special report that fingered the year's best and worst managers, the current edition of US magazine Business Week had this to say about investment legend Warren Buffett. "He even acquired a furniture chain in 1999 while everyone else was investing in dotcoms. But
        102 words
      • Article
        Lock icon An established name
        52 2 WE ran an item in this column recently on auspicious business names. House of Hung has pointed out it has been operating under the business name "House of Hung Jewellers" since 1973, started the business at the Far East Shopping Centre in 1975 and has outlived much
        52 words
    • Article
      Lock icon Cracking their heads over another cracker
      674 2  -  COMMENTARY Shell and Sumitomo have a tough decision to make in these difficult times, says Ronnie Lim Ronnie Lim Thinking out of the box. That seems to be the driving force given the current difficult times, and poor markets behind Shell and Sumitomo Chemicals'
      674 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      84 2 CaymMhtoMds nominee, management, corporate secretarial, banking and professional administration services are available. We also specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. J For further information and immediate service please D contact: I Marie Urn or John Ash wood OFFSHORE CORPORATE SERVICES 3 Raffles Place,
      84 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      143 3 •*< VACHERON CONSTANTIN Manufacture Horlog6re. Geneve, depuis 1755. 4t BMCWb^— WJfml it m y?l WMJM /Ik JpV >r \A WEB JH^^B B w rmlmm W Mk»\ a /m\ v p j^ 7 i'i^Xi f flfcrlftß PSHpTrlrt rj tMiir J| EgG WL&rm beM Wll^ Zh I p4flfl^^R£^9EK^^K B/Mnla IV A r/v,
      143 words
Page thumbnail Page 4
  • SINGAPORE companies
    • Article, Illustration
      Lock icon Stephen Yeo resigns as CEO of SCS
      357 4  -  He's the third CEO to leave STs listed IT firms in a year By\ David Boey ANOTHER company in the Singapore Technologies (ST) stable will be having a new chief executive officer. Singapore Computer Systems (SCS), a govern-ment-linked provider of information technology services,
      FILE PHOTO  -  357 words
    • Article
      Lock icon Most trades on SGX-ASX link come from Singapore
      388 4  -  By\ Michelle Quah ONE year on from the launch of the co-trading link between the Singapore Exchange (SGX) and the Australian Stock Exchange (ASX), and business still leaves something to be desired. While trading volumes have improved from six months ago $250
      388 words
    • Article
      Lock icon Ariane snag delays launch of SingTel satellite till June
      208 4 Postponement will also stall As27om revenue recognition POSTPONEMENT of the launch of Singapore Telecom's communications satellite will delay recognition of revenue at the telco to the tune of As27o million (***** million) this year. Sing Tel said yesterday that the launch
      208 words
    • Article
      Lock icon Tax change windfall for minorities
      737 4  -  lock siew siow li sen DUG to a change in the corporate tax system, a windfall of several billion dollars awaits minority shareholders. But they will need to act quickly and decisively to get their hands on the money. Basically, these shareholders need to do
      737 words
    • Article
      Lock icon Pillay urges GLCs to improve governance
      741 5  -  29th ANNUAL REPORT AWARDS Both spirit and letter of corporate governance code should be observed, he says By' Wong Wei Kong GOVERNMENT-LINKED companies (GLCs) often win awards for their annual reports but their corporate and share performance are not always superior, said Singapore Exchange
      741 words
    • Article
      Lock icon 4.5% dividend for OCBC preference shares
      330 8  -  By\ Siow Li Sen OCBC's first preference shares will pay a dividend of 4.5 per cent, the upper indicative price in deference to the overwhelming response from mainly private investors, said sources close to the issue. The proposed $300 million issue which closed its
      330 words
    • Article
      Lock icon CMT income tops IPO forecast by 8%
      573 8  -  $25m income for Jnl 16-Dec 31; Trust manager advises buying IMM bldg Ry\ Kalpana Rashiwala THE Capita Mall Trust (CMT) yesterday reported distributable income to unit holders of $25 million or 3.38 cents per unit 8.4 per cent above its forecast in its
      573 words
    • Article
      Lock icon Sembawang Kimtrans issues profit warning
      183 8  -  By] Michelle Quah IN the latest of a recent slew of profit warnings, transport and logistics firm Sembawang Kimtrans has warned of lower profits for FY2002. Sembawang Kimtrans had earlier forecast FY2002 profitability to be comparable to that of FY2OOI, which saw a net profit
      183 words
    • Article, Illustration
      Lock icon Transview FY02 profit surges 87% to $3.3m
      359 8  -  Golfing specialist wants to raise store count 20% this year By 1 David Boey GOLF equipment specialist Transview Holdings said yesterday that profits for its full-year ended December surged 87 per cent to $3.3 million as its outlets in Malaysia went into full
      FILE PHOTO  -  359 words
    • COMPANYBriefs
      • Article
        Lock icon SIC waives takeover rule for VDH
        72 8 THE vendors in the reverse takeover deal for Van Der Horst to acquire the entire issued and paid-up capital of Goldwater have been granted waiver from the obligation to make a takeover offer. Among the conditions for the approval, said judicial manager Michael Ng,
        72 words
      • Article
        Lock icon GuocoLand properties prioed
        56 8 GUOCOLAND Group announced yesterday that the purchase price for properties under the sale of its interest in Century Square Holdings has been calculated as $223.75 million. This follows an announcement that the sale of its stake in Century Square was in line with its programme for the
        56 words
      • Article
        Lock icon Magnecomp sells US property
        158 8 DISK drives component maker Magnecomp International Ltd, which lost $10 million in the first six months of last year, said it has sold its property in the United States for a pre-tax operating profit of $4.45 million. Bay West Kailua Bay, a Virginia company, bought the
        158 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      70 4 7 w^ v, V "i v "'7^*^vr v I <& *}*•:'V;i'ii/i£&.'"-f 5 i I .1 S < f I I I c m! or iF 1* I .-1* V A I J-j I o I z 0 1 o x 8 O CO O a 3 X #01-03/04 Ngee Ann
      70 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      165 4 v. W—■—tl^BSnTMMWyT" BL «giW «I«JW VaßM*? ■I IK i jgl iIblJ crt/ tfbytel/ rlu)€*vi)c/ Hotel Phoenix presents an intimate affair of the heart at the Phoenix Garden Cafe. The ultimate bridal fashion show will feature the latest wedding gowns from Dang Bridal, accessories and packages to cater to that perfect
      165 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      113 5 -T 9 \s v v ,> k *M x .J**Yf >* y V* J y s f. .!'W-s- r/ v. xv "V 4 W v r V 4 4 Piaget. the secret garden v *.*i,« j -r i 1 < i V: m. ir~ PiageT I' I A I I
      113 words
Page thumbnail Page 6
  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      322 6 OTHER SINGAPORE INDICES Jan 15 VALUE CLOSE BTOMDS 605.00 +13.00 BT CADI -*****.00 +59.00 KT104ayMA *****.00 +61.00 MMtEpHn 367.44 1.69 SC E<«Bii Pact 124.46 +1.54 1213.97 -27.77 SQtyMnPff 332.94 +3.83 ■W Hfpw 171.28 -1.97 9MSaF«tow J71.80 -2.70 Stocks Volume Chart SemiCond 26c 35,564,000 DMX Tech US5c 30,130,000 SingTel 15c 28,637,000
      322 words
    • Article, Illustration
      Lock icon Osim still worth keeping an eye on alter steady climb
      212 6  -  HOT STOCK/ WARRANT By Wong Wei Kong OSIM International has continued its steady climb from last year and, on current evidence, is still among the stocks to keep an eye on for this year. The stock closed up 2 cents
      212 words
    • Article, Illustration
      Lock icon Will it be different this time?
      828 6  -  I-li comment STOCKS r. sivanithy 'THIS time, it's different" was a popular refrain in the US equity market during the Nasdaq boom of 1999-2000, but it died a natural death with the spectacular bursting of the tech stock bubble in March 2000. In recent
      828 words
    • Article, Illustration
      Lock icon Yen's gyrations take centre stage
      601 6  -  I :j i comment CURRENCIES Nerves rattled by intervention fears larry wee THE fate of the Japanese yen took centre stage yesterday, generating enough uncertainty to prompt some who sold it against high-flying currencies to lock in their profits. The yen's ding-dong day started with
      Source: Reuters  -  601 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3197 6 UNIT TRUSTS FUNDS CanainM Asset Hal Com Global Fmarxe index Fd 0757/ it Com Global Lifestyle Index Fd 0.83/ Tr Com Global Health Index fd 07V 1?* Com Global Telecom Index Fd 0 441/ nra Com Global mfotec Index Fd'" 0 28V 2 Com Global Energy Index fd 0 82V
    3,197 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      72 7 ■PI f L m m v I ißPjf Introducing RPX from Indonesia, a cargo alrllna wtth a larga capacity. Singapore Changi Airport watoomaa Rapuwic rAAt J Expraai (RPX) AhHnaa»aooa-atop,a»-cargo iMna from tndonaala. RPX l> ona of tha main ptayara <" markat for tntogratad axpraaa aacvtoa, SBU^I covartng avarythlng from documents
      72 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      75 8 Team Building Packages from $300 per person onwards. IN Malacca/Kuala Lumpur Cruise (Wed) 2N Weekend Cruise (Fri) 3N Langkawi/Phuket Cruise (Sun) Luxurious Accommodation Casual fine Dining World class I ntertainmcnl Recreation 8> Spa facilities tor the Young Call Star Cruises now! Corporate Sales Hotline: 6228 9836/9841 Email: corporatesales@starcruises.com.my 9 Penang
      75 words
Page thumbnail Page 9
  • EXECUTIVE suite
    • Article, Illustration
      Lock icon Sales of new homes down to a trickle
      607 9  -  Vince Chong finds out how some projects are faring two weeks into the new year Vince Chong Sales of new homes have slowed to a crawl after kicking off the New Year on the trot, with zero or single-digit sales last weekend.
      Compiled by BT & Knight Frank  -  607 words
    • Article, Illustration
      Lock icon A gardener's work is never done
      626 9  -  log Byl Thien WET weather has confined our gardening oflate to pottering around, scouring hopefully for some nook or cranny into which we can still "shoehorn" a plant or two. But it seems quite futile. Like two desperate travellers on the road, wifey and
      THIEN  -  626 words
    • Article
      Lock icon Newman & Goh names new MD
      168 9 Newman Goh names new MD PROPERTY services company Newman Goh has appointed Mark Tham as managing director in place of the late Richard Goh who passed away last month. Mr Tham, a valuer by training, has been with the firm since 1995. In his earlier years, he was in charge
      168 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      166 9 78-82 DALVEY ROAD Hp Land Area: 23,738 sq ft Dk Zoned for "Mixed Landed Housing" storeys Located within a prestigious Good-Class Bungalow area Possible for bungalows. semi-detaches and terraces Tendw Closng: 11>i Fabruaty 2003, Tuesday at 4pm For Enquiries, please call HBjQTajH Donald Goh 6531 8659 Tan Ser Fong 653
      166 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      89 9 FOR SALE BY TENDER FREEHOLD SHOPHOUSES i 10 Freehold 2 3 storey conservation mm Land areas range from approx. 600 *****f Available on individual or multiple-unit hasis Ideal for owner occupation or investment In established shophouse area R Prominent frontage j Excellent location with easy accessibility ft Near the Smith
      89 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 3
      411 9 Superior Type Deluxe Type Executive Type An easy way to own a Batam factory from only Sso.sopsf (from built-in area). Good Business Environment: Only 18km away from Singapore(4s min ferry ride more than 100 ferry trips per day) •10 minute drive from Waterfront City to Latrade Industrial Park Land lease
      411 words
Page thumbnail Page 10
  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon The new math Israel must contend with
      815 10  -  mnm I bottom line OPINION thomas friedman The writer is a New York Times columnist NYT YOU can understand everything you need to know about the Israeli-Pales-tinian conflict today through a simple math equation offered by Danny Rubinstein, the Haaretz newspaper's Palestinian affairs
      NYT  -  815 words
    • Article
      Lock icon IN OTHER WORDS
      93 10 'It's all about sound bites, deluding the people, pandering to the lowest common denominator. I didn't adjust and I'm not going to start now.' Paul O'Neill former US Treasury secretary, on why he was sacked by President George W Bush. 4 I am not retiring. I will
      93 words
    • Article
      Lock icon A tax plan that could work
      717 10 EDITORIAL THE US$674 billion tax-cutting plan recently unveiled by US President George W Bush is still a long way from seeing the light of day and there are many uncertainties that have yet to be surmounted But there is reason to believe that the
      717 words
    • Article, Illustration
      Lock icon AOL: merchants of hype now its victims
      857 10  -  What did Steve Case in as well as other major Internet protagonists was that they stopped their pioneering work By\ Robert J Samuelson The Washington Post Writers Group IN 1999, America Online published a collection of Steve Case's speeches modestly titled Looking Ahead
      The Washington Post Writers Group; AP  -  857 words
    • Article
      Lock icon Prosper-my-neighbour attitude is better
      218 10  -  ITCTffjag Dr Yik Keng Yeong I REFER to Mr Narayana Narayana's light hearted raillery against lawyers ("Welcome to the club, lawyers". Mailbag, Jan 14). Better merry badinage than derisory vituperation I guess, although where I am brought up, kicking people when they are in extremis is
      218 words
    • Article
      Lock icon It's not just about racial integration
      219 10  -  Ganesh Sahathevan I REFER refer to the commentary "Demonstrating the value of racial integration" by Karim Raslan, (BT, Jan 11) in particular, the paragraph in which he states: "Theva is clearly an exception a small but important success story: a man Firmly rooted in
      219 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      99 10 Fax your letters to 6319-*****r email them to btfetterQsph. com. sg or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore3lB994. We need your full name, address and telephone number for verification. Please use temperate language, and bear In mind libel laws. We reserve the
      99 words
Page thumbnail Page 11
  • SINGAPORE news
    • Article
      Lock icon Now you can send money through e-mail
      375 11  -  Nets offers this service free till end Fete maximum transaction is $250 By] Raja Chellam YOU can now send money to family or friends by e-mail via a service just launched by Nets (Network for Electronic Transfers Singapore). The maximum amount per transaction
      375 words
    • Article, Illustration
      Lock icon Half of multitenanted Biopolis space taken up
      364 11  -  By Vince Chong THE take-up rate for the remaining two buildings at Singapore's biomedical research hub Biopolis that have not been pre-commit-ted has reached 50 per cent, with the research park's first complexes set to start operations from July. The Biopolis, developed by
      ARTHUR LEE  -  364 words
    • Article
      Lock icon HDB to redevelop 816 Toa Payoh flats
      153 11 THE Housing and Development Board will redevelop 816 units of three-room flats at Toa Payoh Lorong 5 and 6 under the Selective En Bloc Redevelopment Scheme (Sers). In its place, some 1,600 replacement flats will be offered to the flat lessees involved. This
      153 words
    • NEWSRoundup
      • Article, Illustration
        Lock icon Sim Kee Boon remains a CPA member
        112 11 SIM Kee Boon (right), senior advisor to Keppel Corp, has been re-appointed as a member of the Council of Presidential Advisers (CPA) for another four-year term. A Keppel stalwart, Mr Sim is perhaps best known for his role in overseeing the construction and
        112 words
      • Article
        Lock icon SPH Valentine`s Day promotion
        78 11 SIX pairs of readers who pledge their love in the classified sections of The Straits Times, Lianhe Zaobao and The New Paper this Feb 14 stand to win romantic outings as part of a Valentine's Day promotion launched by the Marketing Division of Singapore Press Holdings,
        78 words
    • Article, Illustration
      Lock icon Nov retail sales jump 7.3% m-o-m
      346 12  -  P=M=l on the economy retail sales By- Audrey Tan CONSUMERS bent on beating the Goods and Services Tax (GST) hike drove retail sales up 7.3 per cent in November from a month ago, snapping up big-ticket items such as motor vehicles and furniture. Latest
      Source: S'pore Bank of S  -  346 words
    • Article
      Lock icon Sheng Siong supermarket goes to town
      500 12  -  exclusive] It will lease a third ofTekkaMallfor supermart, fresh market, foodconrt By\ Kalpana Rashiwala HOME-GROWN supermarket chain Sheng Siong is extending its battle with rival supermarket operators to the city, leasing just over one-third or 59,000 sq ft of DRB-Hicom's Tekka Mall, which will
      500 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      159 11 What Drives You wi Ml *Sf Reach for the stars Watch celebrities from around the world pit their skills on the green. Rub shoulders with international celebrities such as Matt Le Tissier, Kip Keino, former Philippines president Fidel Ramos as well as local stars like Vernetta Lopez and Rod Monteiro.
      159 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      1188 12 SINGAPORE ACCOUNTANCY ACADEMY TRAINING ARM OF THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF SINGAPORE presents Continuing Professional Education (CPE) Seminars for January February 2003 Cod* Pate 0g» Feea> AOOl Analysis of Financial Statements 27-28 Feb 2 728 00 Objective: Be able to look at financial statements more critically and evaluate
      1,188 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      2136 12 —i 1 1— IN THE MATTER Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTE* Of TUAN HUAT INVESTMENT COMPANY PTE LTD **********W) THE TWIN MANAGEMENT PTE LTD (*****2352R) (PROVISIONAL LIQUIDATORS APPOINTED) NOTICE Of CREDITORS' MEETING PURSUANT TO SECTION 296 Of THE COMPANIES ACT, CAP. SO NOTICE IS HEREBY
      2,136 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 3
      641 12 In the mailer of THE COMPANIES ACT (CAP..*)) And In ihe mailer of ISI AND SHIPPING SKRVICES PIELTD Al an Extraordinary General Meeting of ISLAND SHIPPING SERVICES PTE I.TD duly convened and held al 200 Cantonment Road. *09-01 Soulhpoinl. Singapore *****.1. on I Ml) dry of January 2003 at 10.30
      641 words
Page thumbnail Page 13
  • REGIONAL news
    • Article, Illustration
      Lock icon HK to deregulate broking commissions from April 1
      574 13  -  Move to prompt wave of mergers among territory's 500-odd brokers By Audrey Tan HONG Kong will deregulate stockbroking commissions from April 1, more than two years after Singapore's decision in late 2000. The move is expected to lead to a wave of
      AFP  -  574 words
    • Article
      Lock icon Sime Darby may buy stake in Australian power plant
      245 13 KUALA LUMPUR Bloomberg SIME Darby Bhd said it is in talks with Loy Yang Power shareholders to buy a stake in Australia's largest privately owned electricity company, which it values at as much as As 4 billion (Ss4 billion). "We are
      Bloomberg  -  245 words
    • Article
      Lock icon AirAsia unfazed by looming budget airline war
      409 13  -  It fears rising costs, not competition says CEO From'. Eddie Toh in Kuala Lumpur MALAYSIA'S Air Asia is unfazed by the prospect of possible new no-frills competitors from Singapore and other countries in the region. "Our enemy is not competition but cost," Air
      409 words
    • NOTEBook
      • Article
        Lock icon Sime expects BMW deal by end Feb
        72 13 Reuters [KUALA LUMPUR] Malaysian conglomerate Sime Darby Bhd said yesterday it expects a deal by the end of next month with German car maker BMW AG on the future shape of its BMW wholesale franchise. "Negotiations are still ongoing. We hope to sign
        Reuters  -  72 words
      • Article
        Lock icon Sapura to buy 39% in Crest
        94 13 Reuters [KUALA LUMPUR] Malaysia's Sapura Telecommunications Bhd said yesterday that it will buy a 39 per cent stake in Crest Petroleum Bhd for RMIO6 million (Ss4B million) in cash from state-controlled Renong Bhd. Managing director Shahril Shamsuddin said Sapura, which will pay RM3.60 per
        Reuters  -  94 words
      • Article
        Lock icon MRCB to pay RM88m for Uda
        63 13 Reuters [KUALA LUMPUR] Diversified Malaysian Resources Corp Bhd (MRCB) said yesterday it will pay RMBB million (Ss4o million) cash for a 25 per cent stake in property developer Uda Holdings Bhd. MRCB chairman, Syed Anwar Jamalullail, said the deal was "in line with the
        Reuters  -  63 words
      • Article
        Lock icon China's Hu acts to consolidate power
        84 13 Reuters [BEIJING] New Chinese Communist Party chief Hu Jintao has begun to consolidate power, with key allies set to take over as mayor in Beijing and Shanghai and as governor in two major provinces, sources said yesterday. Mr Hu still lives in the shadow
        Reuters  -  84 words
    • Article, Illustration
      Lock icon Thailand is fund managers' top pick in 2003
      746 14 SINGAPORE Booming economy, driven by domestic consumption puts it ahead of neighbours Reuters FUND managers scouting for investment opportunities in South-east Asia have found their darling for 2003 Thailand. Sluggish exports in Malaysia, a frail economy in Singapore, and the threat of
      Reuters; AFP  -  746 words
    • Article
      Lock icon Indon aid group meet may axe forestry firms
      561 14  -  Proposal seeks to revamp sector and revoke licences Front Shoeb Kagda in Jakarta INDONESIA'S giant forestry industry and some of the country's largest forestryrelated companies will come under the spotlight at the coming meeting of the Consultative Group on Indonesia under a
      561 words
    • Article
      Lock icon Sime Darby, UEM exploit low interest rates to sell bonds
      252 14 KUALA LUMPUR Bloomberg SIME Darby Bhd and state-owned United Engineers Malaysia Bhd were marketing RMI.3 billion (***** million) of bonds yesterday, locking in low interest rates to fund expansion and pay more expensive debt. More companies are likely to follow.
      Bloomberg  -  252 words
    • Article
      Lock icon PCCW properly assets moved to separate unit
      322 15 HONG KONG Reuters HONG KONG'S fixed line phone giant PCCW Ltd yesterday said it is moving all of its property assets to a single unit for a possible spin-off, but analysts said such a move could be a hard sell because of Hong
      Reuters  -  322 words
    • Article
      Lock icon Direct air links blow to HK airlines
      438 15 HONGKONG But China, Taiwan carriers will reap windfall Reuters DIRECT air links between political rivals China and Taiwan would hand their respective carriers a longawaited windfall but deal a heavy blow to airlines in Hong Kong. Landmark charter flights from Taipei to Shanghai
      Reuters  -  438 words
    • Article, Illustration
      Lock icon China to create new firms for jobless
      576 15 BEIJING They most hire 30% from laid-off workers, will have 3-year tax breaks Reuters Bloomberg WITH the ranks of the jobless swelling into the millions, China plans to set up new firms by spinning off peripheral businesses from state-owned companies in a bid
      Reuters; Bloomberg; REUTERS  -  576 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      151 13 Now every SsBo spent on worldwide deliveries... Speedpost by Singapore Post. For complete, value-for-money delivery solution. Speedpost offers your business more than just bigger savings on your local and worldwide deliveries. In fact, it gives you the reliability and the convenience of one-stop delivery service to let you express yourself
      151 words
Page thumbnail Page 14
  • Article, Illustration
    Lock icon FINANCE
    1059 14 Transaction date: Jan 15 MTERBAME CROSS RATES AS C$ twb Ifo MKS Mh Yon *m il IB Mh N> SS l»d Sir WTS la* Hmt BSS Australia 0.905 4470 0.557 4.576 ***** 52.123 1693 6.896 2.230 LOST 34.140 ***** 1.017 1220 0.K5 ***** ***** 0566 0.517 Canada 1.105 5.382
    1,059 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      417 14 Cap/taMall Trust NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN THAT the Transfer Books and Register of Unitholders of Capita Mall Trust ("CMT") will be closed on 24 January 2003 at 5.00 p.m to determine unitholders' entitlements to the CMT distribution of 3.38 cents per unit for
      417 words
Page thumbnail Page 15
  • Article
    Lock icon COMMODITIES
    1527 15 S1C0M FUTURES Jan 15 RUBBER Fatures (Ctostnq price*) RSS 1 <s cents/kg) Close Volume OpM Month Hjgh Low Sttt (toques) Interest Feb 03 159.00 M* 03 160.50 Apr 03 162.75 •toy 03 162.75 RSS3(UScnbAq) Volume Open Month High Low Sett (tonnes) Interest Feb 03 9050 9050 9o!» 450 2625
    1,527 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      167 15 I East Forward Your Career Attend The MBA Tour s 9th Annual MBA Fair in Singapore. 000 Mlfn A Saturday, January 25,2003 Jt i/1 iV Grand Hyatt Singapore m 10 Scot ts Road F*A- I R 1000 Australia Spain Australian National University ESADE MBA FAIR Melbourne Business School IE- Instituto
      167 words
Page thumbnail Page 16
  • REGION world
    • Article
      Lock icon Taiwan's Sampo to take over Grundig of Germany
      367 16 TAIPEI Majority stake in the troubled firm will give it access to 30,000 outlets in Europe AFP Bloomberg SAMPO Corp, Taiwan's largest consumer electronics maker, yesterday said it has agreed to acquire a majority stake in finan-cially-troubled German home electronics maker Grundig
      AFP; Bloomberg  -  367 words
    • Article, Illustration
      Lock icon Beijing gears up for 2008 Games
      68 16 AFP [BEIJING] The Chinese capital is pouring huge sums of money into an ambitious plan to make its overburdened transportation network fit for the 2008 Olympic Games, state media said yesterday. This year alone, the notoriously clogged city of 13 million people plans to
      AFP; REUTERS  -  68 words
    • Article
      Lock icon Sony to close 10% of its distribution and parts centres
      269 16 TOKYO Itll also merge two onto in overhaul of purchasing system Bloomberg SONY Corp plans to shutter 10 per cent of its distribution and parts procurement centres worldwide as part of measures to lower costs and increase competitiveness. The world's
      Bloomberg  -  269 words
    • Article
      Lock icon Toyota aims to win 10% of Indian market by 2010
      190 16 NEW DELHI Bloomberg TOYOTA Motor Corp wiU sell new cars and invest more in India as it aims to win one-tenth of the market by the end of the decade. Toyota Kirloskar Motor Pvt may sell compact cars from Daihatsu
      Bloomberg  -  190 words
    • ASIANotes
      • Article
        Lock icon China Dec factory output jumps 10%
        62 16 Ratters [BEIJING] China yesterday said industrial output jumped nearly 15 per cent in December, its fastest pace since the Asian crisis, but analysts said growth is likely to slow this year due to weak export growth. A slowdown In state spending on infrastructure was
        Ratters  -  62 words
      • Article
        Lock icon Intel to assemble Pentium 4 in China
        92 16 Reuters [HONG KONG] Semiconductor giant Intel Corp Is set to begin Its firet CPU assembly In Chine thi» year at a newly upgraded US$6OO million plant, even as the company announced plans for a major cut in capital spending in 2008, its Asia-Pacific's
        Reuters  -  92 words
      • Article
        Lock icon China banks to report shady deals
        67 16 Reuters [SHANGHAI] China's central bank issued another decree yestenlay in a campaign against money laundering, ordering banks and other financial institutions to report suspicious foreign exchange transactions. The rules take effect on March land require financial entities to summarise suspicious foreign exchange deals monthly
        Reuters  -  67 words
      • Article
        Lock icon Indian mobile telcos in price war
        69 16 AFP [NEW DELHI] Indian mobile telecoms operators sent out an SOS to file government on Tuesday amid a tariff cut war sparked by the launch of cheap limited services by Reliance Industries. Its launch of wireleee in local loop service recently led to a
        AFP  -  69 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      46 16 ,c? hep e u tion 's Q s ej,,.;,. -p c,t,r >g as Taipei is the heaven of entertainment, from pub to mega clubs, from rock to jazz, from orange juice to vodka. There is a wider experience that you can z® www.taiwanstories.com.sg Touch Your Heart
      46 words
Page thumbnail Page 17
  • WORLD news
    • Article, Illustration
      Lock icon Intel gives tech recovery a boost
      792 17  -  Q4 earnings per share was 16 US cents, np from 7 cents previously From Jennifer Lien in Silicon Valley CHIP giant Intel Corp has delivered another boost to those hoping for a technology recovery, beating analysts' forecasts and more than doubling its fourthquarter net
      Source: Bloomberg; REUTERS  -  792 words
    • Article, Illustration
      Lock icon Q1 company guidance may derail US rally: analysts
      789 18  -  But Q4 results pose little risk as valuations have been realistic Fromi Andrew Marks in New York AS technology industry bellwether Intel kicked off the fourth-quarter profit reporting season on Tuesday, many on Wall Street were optimistic that this is the quarter
      Source: Bloomberg  -  789 words
    • Article
      Lock icon Goldman Sachs to invest 150.3b yen in Japan's SMFG
      365 18 TOKYO Reuters GOLDMAN Sachs Group Inc plans to invest 150.3 billion yen (552.2 billion) in preferred shares in Sumitomo Mitsui Financial Group (SMFG), becoming the latest foreign investment bank to make inroads into Japan's troubled banking sector. Japan's second-largest banking group
      Reuters  -  365 words
    • WORLDWatch
      • Article
        Lock icon Rice leans on Blix report
        114 18 AFP [WASHINGTON] US President George Bush's National Security Adviser Condoleezza Rice at an unannounced meeting with chief UN weapons Inspector Hans Bllx asked him to exercise his authority to take Iraqi scientists out of Iraq for confidential Interviews, something Mr Bllx has been reluctant to
        AFP  -  114 words
      • Article
        Lock icon Japan ocuerent account surplus down
        71 18 Bloomberg [TOKYO] Japan's current account surplus fell 14 per cent In November as imports rose more than exports and Investment Income fell. The surplus shrank to 1 trillion yen (5114.7 billion) from 1.17 trillion yen In October, seasonally adjusted. Ministry of Finance figures showed. Economists
        Bloomberg  -  71 words
      • Article
        Lock icon BOJ boys 244b yen of shares
        78 18 Bloomberg [TOKYO] The Bank of Japan said it bought 244 billion yen (553.6 billion) worth of shares from the nation's biggest lenders since Nov 29. It said as of Jan 10 it completed about 12 per cent of Its target purchases of 2 trillion
        Bloomberg  -  78 words
      • Article
        Lock icon Aberdeen sells rights to six funds
        68 18 Bloomberg [LONDON] Aberdeen Asset management, tne Scottish money manager that's shedding assets to repay debt, agreed to sell the rights to six funds to New Star Asset Management for about £92.5 million (*****.2 million) In cash. The six funds have £1.85 billion of assets
        Bloomberg  -  68 words
      • Article
        Lock icon Continental quarterly loos narrows
        78 18 Reuters [HOUSTON] Continental Airlines yesterday said Its quarterly loss narrowed as It pulled In more revenue, setting it up to be one of the better-performing companies in an industry expected to report a nearly US$B billion loss for 2002. It reported a US$lO9 million net loss
        Reuters  -  78 words
      • Article
        Lock icon Powell, N Korean leader for WEF
        76 18 AFP [WASHINGTON] The US State Department said on Tuesday that Secretary of State Colin Powell plans to attend at least a portion of the annual World Economic Forum meeting in Switzerland this month. But spokesman Richard Boucher tamped down suggestions that Gen Powell might
        AFP  -  76 words
      • Article
        Lock icon Europe recovery may take years
        69 18 Bloomberg [ROME] Europe's US$7 trillion economy may struggle to grow for much of this decade as concern about terrorism and Middle East violence dents business and consumer confidence, said Italian Deputy Finance Minister Vito Tanzi. The European Central Bank was wise to only cut its
        Bloomberg  -  69 words
    • Article
      Lock icon Too early to tell if recovery has taken hold: panel
      418 18 LATEST US INDICATORS View of elite economists' group comes amid better retail figures Bloomberg Reuters [WASHINGTON] The National Bureau of Economic Research (NBER) yesterday said it was still too early to tell if the recession that began in March 2001
      Bloomberg; Reuters  -  418 words
    • Article, Illustration
      Lock icon New Mr Yen signals a change of style
      448 18 Reuters [TOKYO] Changing a long habit, Japan's new top financial diplomat Zembel Mizoguchi now comes to work through the main foyer of the Finance Ministry building instead of his usual side entrance. It may not be long before currency traders learn whether
      Reuters; AFP  -  448 words
    • Article
      Lock icon Letter to Fed tests positive for anthrax
      167 18 WASHINGTON Bloomberg A LETTER to the US Federal Reserve Board of Governors has twice tested positive for anthrax, and the US Postal Service is testing its facility that serves the central bank, officials said. The letter, which was addressed to Fed vice-chair-man Roger
      Bloomberg  -  167 words
    • Article, Illustration
      Lock icon Kmart to close 326 stores, lay off 35,000 workers
      595 20 NEW YORK Stiff competition, falling sales force move; closures to be completed by April NYT FACED with fierce competition and sales that continue to decline, Kmart will lay off as many as 35,000 workers and close 326 stores around the country
      NYT; AFP  -  595 words
    • Article
      Lock icon US leaders inspire least trust: WEF poll
      309 20 GENEVA Bloomberg US business and political leaders inspire less trust than their peers in other countries, and multinational companies enjoy a better reputation than domestic businesses, according to a survey by the World Economic Forum (WEF). The survey of 15,000 people in 15
      Bloomberg  -  309 words
    • Article
      Lock icon Former execs of trading firm to pay fines of US$70m
      339 20 NEW YORK Ex-D&tek Online staff fined by SEC for securities fraud NYT SEVEN former traders and executives of Datek Online, once heralded as a pioneer in online stock trading, agreed on Tuesday to pay US$7O million in fines for what
      NYT  -  339 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      74 17 I 40 year old tradition, j now at a new address. We're now serving our famous authentic Teochew cuisine at our new address just a few doors away from our original premises. Relish Hung Kang's traditional, time honoured recipes in a new environment. Everything you've always enjoyed remains the same.
      74 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      9 17 Paranoid Intel could have the last laugh, Pg 22
      9 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      135 18 Super Fresh, Super Grade, Superbrand qbessBSSBSB ITtMVfHBM Australia PRODUCT of AUSTRALIA M«diaworV« Art i'a^H From now till 19 February 2003. with every purchase of any HurT V- m *V *"bmlt as many entries as you ft* but each entry must be attached wtth New Moon canned food products, you will
      135 words
Page thumbnail Page 19
  • Article
    Lock icon STOCKS ASIA
    4868 19 Transaction date: Jan 15 for more, go to wurwxisiaotieiimarketsjoom HONG KONG v«j HKRmti i«i unch sis HKS '000 Hong Kong Electric 30 00 0 IS 3921 Hongkong Chinese 0 60 0 01 1452 Alpha General 0 01 uncti 4346 Hongkong Chinese Ltd 0 60 001 1452 Aiianda Wing
    4,868 words
  • Article
    Lock icon KLSE
    2365 19 Transaction date: Jan 15 KUALA LUMPUR F c S£ SNeave fS 2£ yol FS6M 1.75 -0.05 1 KM W- (000) FWIndustnes A16 undi 0 Gadana 100 unch 6 ASM Realty A* 0 08 16 £***2" J® 225 1649 Atone 1.03 0 03 83 GanadCorp .0.* £03 3 ACP Industries
    2,365 words
  • Article
    Lock icon SGX
    883 19 Transaction date: Jan 15 UrtMM 1 a—» Omiga l—A—» O— 0>mf CMC 044 3 620 *0120 NatSted SOr 0 48 23J70 -0010 CaprtaLand 1.14 1 ISO OCBC 913 9700 «J00 Chart SemrCond 26c 07S 0 995 ***** OUI 054 6050 -0100 City Dn 50t 205 4 SCO *0100 Parkway
    883 words
  • Article
    Lock icon BONDS & WARRANTS
    573 19 BONDS WARRANTS Last M Cm* bur Doc tar-'Jllt *m- cmm m* Ma H I* ASTIW*****1 175 1 16 139 0J0 17 AoiuLtdW04im IS undi SB 1 SO 692 4.33 22 AmtekW*****0- BS 3 30 1 33 t 1J8 29 Armstrong W*****0 15 1 10 109 357 16 Bar 6NSA*****1 10k
    573 words
  • Page 19 Advertisements
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      203 20 Where to wine, dine and entertain... Bbbb LM IM| SUCKLING PIG OR ABALONE usual prko $88 wMi minimum order of $298++ Ml menu iMMfi Spring Court 488 Upper East Coast Road Singapore *****0. Tel: 6449 5030/6 Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and
      203 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      67 20 Lunch 11.30 am 2.30pm Japanese Bento Sushi \f OeUvery I sushi Japanese Bento call *****77^j Weekdays •25.90* (Adah) SI2-90** (Child uynfc below) Weekends Public Holiday t28.90** (Adult) $15.90* (Child layrt* below) Call 6324 0218 for reservation 7** £$3 4 52 Pagoda Street (Near to Chinatown Indian Temple) M/tfUVh Myfif and
      67 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 3
      156 20 Let the ladies from La Divas entertain you with today's hits and yesterday's favourites. Every night (except Sundays) from 7.30 to 11.45 pm at the Discovery Pub /Mr Lt H t =j off your total bill 1 VaW only Wl*l O minimum $100 ipand or 610 Cartt manu Pt»o»» prmert
      156 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 4
      48 20 H Opuino Hours I 12noon 3pm, s.3op*n -11pm j I 6535 0353/6560 5859 L I Dining By the River I I Under the Stars* f 1 J A For 2- 4 Person A M 30 Merchant Road, Riverside Point #01-04 PlSingapore *****2 (opposite OarfceQuay)H fjffißftAla-Ca rte 'Buttft »M
      48 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 5
      54 20 ~1 M E R1 TU S MANDARIN SINGAPOREf i BEIJING DUCK SPECIAL PROMOTION Till 25 Jan 2003 Savour our ever-popular traditional Beijing Duck at an incredible price of S2B* (usual price $60**)! Reservations: 6831 6262/66 JfHoj mmm Chinese RESTAURANT MERITUS MANDARIN <>«> 133 Orchard Road. Singapore *****7. Tel: *65 6737
      54 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      207 20 CRYPTIC CROSSWORD (8) 28 The basics of meteorology 12 Prima donna accepts unhap- Across: 1 Cover point, 6 Part, 9 (8) py agent is upset try toss (12) Xylem, 10 Sangfroid, 12 RevoDOWN 14 The abode of headless lutionary, 14 Eyetooth, 15 2 Face up, perhaps, but not to ghosts?
      207 words
Page thumbnail Page 21
  • BIZIT
    • Article
      Lock icon Music, technology groups joining forces to combat digital piracy
      647 21 They also plan to oppose govt intervention in the issue NYT [WASHINGTON] The recording industry and two major technology groups agreed on Tuesday on a joint effort to fight the growing problem of digital piracy of music and other entertainment and
      NYT  -  647 words
    • Article
      Lock icon Govts to get access to Windows code
      229 21 AP [SEATTLE] Microsoft Corp said it will make its prized source code for its Windows operating system available to several governments and governmental agencies as it tries to stem defections to competitors' software. The software company has already signed agreements with the Russian
      AP  -  229 words
    • Article, Illustration
      Lock icon Online games set to take off in Singapore this year
      612 22  -  The market here for Internet-based games is expected to be worth USs9.2m by 2005, from just USsl.o2m in 2001. Rqju Chellam has the details P-ii exclusive Raju Chellam THERE'S a new thrill in town: online games. With increasing numbers of
      Source: IDC Asia-Pacific  -  612 words
    • Article, Illustration
      Lock icon Paranoid, Intel could have the last laugh
      564 22  -  M < comment INFOTECH kenneth james The writer is BT's Technology Editor YOU'D think Intel Corp's executives would be cheering. After suffering shrinking revenues in 2001 and a mostly flat 2002, the chip leader has just released strong fourth-quarter results. Sales exceeded analysts'
      564 words
  • Article
    Lock icon SGX MAINBOARD
    5502 21 Transaction date: Jan 15 for live prices, log on to uwwjasiaonemarketsjcom 52-wk Lad Vol Day LartQwte GfOi* On 6ftW MM MCap L— ri !■>■»> salt cmm u» sdte r» r* ABNAmroNLG 56c 9 12 1.4 141* 20.5 9 ACE Dynan*cs20t 11 10 12.5 0.7 8 1-2 183 10.9
    5,502 words
  • Article
    Lock icon SGX XTRANET
    75 21 U-Wk Last M Of LI QH SrM* Dhr ttVH Mat MCjb L— Ciwui M» W- PM| 1— Cw W W ***** W DumonA USB7K *8667 8780 8780 6110 8870 SMC J 700 ISDJUSTcctl 1/S3740 *70 S7S SSS IS MSCI Spore USS5S 440 «70 lino 8700 ISSW500 US8270 9300
    75 words
  • Article
    Lock icon SGX SESDAQ
    1406 21 UWk kJH M Day LatfQwte GrOkr Okr GrYM MM MCja I—I I— Cllll Mi w- raw M0i L— 8—r M— Cw H M 22 9 ABRMldgsSc 11 10 212 245 IS APOUSc 175 15.5 18 5 115 14 7.4 114 51 14 AS Auto 10c 21 unch 80
    1,406 words
  • Article
    Lock icon CLOB INTERNATIONAL
    297 21 UM Vol Day LaMQaatt frtto Mr GUM MM MCaa Mill L— 'II <111 Wte W- r—t 1- Cw HI Sa* IIS 10 AVJenrangs A25c A97 -05 6 97 97 95 98 40 34 103 5.7 Cathay Pac 20c MK720 CheungKongSOc HIC17B 24 S H .A 55 45 Citye
    297 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      60 22 REACH YOUR TARGET Reaching 900,000 prime prospects couldn't be easier. Simply advertise in Lianhe Zaobao, Lianhe Wanbao and Shin Min Daily News to access the 70% of Chinese newspaper readers who don't read any English dailies*. Call 1800 822 6382 now and extend your reach like never before. I I
      60 words
Page thumbnail Page 23
  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      262 23 Knight-Ridder Reuters THE Baltic Dry Index fell 7 points to 1753, the Baltic Capesize Index fell 32 points to 2376, the Baltic Panamax Index rose 10 points to 1811 and the Baltic Handymax Index rose 1 point to 9657. Nordtramp (built 2001) *****0 dwt 14 on 53 0.5
      Knight-Ridder; Reuters  -  262 words
    • Article
      Lock icon MARITIME STOCKS
      252 23 MX '000 Jm8 1$ *h tel CWT Distribution 0.70 inch 0 Chuan Hup 0.44 unch 640 Coico fcwstnwnt—0.20 -0.01 411 Freight Links 0.03 uncti 120 G8 Hokfinas 0.60 -0.01 45 Jcyi HoMfags —0.25 0.01 845 K*pp*iCorp 4.00 004 4666 K*pp*i Marin* 0.16 uncti 1 Keppei TeM 0« 002
      252 words
    • Article, Illustration
      Lock icon MISC to lay off 40% of workers in revamp push
      450 23  -  M'sian carrier also plans to sell stake in investment bank By] Beth Jinks {SINGAPORE] Malaysian International Shipping Corp (MISC) has pushed ahead with its restructuring efforts, cutting its nonexecutive staff by up to 40 per cent. The shipping arm of
      FILE PHOTO  -  450 words
    • Article, Illustration
      Lock icon Aft wreckage salvaged
      107 23 [SINGAPORE] The shorn-offportion of the aft of the Navy ship RSS Courageous is finally lifted from the seabed after 11 days underwater. The wreckage was barged back to the Changi Naval Base by salvage company Smit International. But until yesterday it could not be confirmed if the
      MINDEF  -  107 words
    • Article
      Lock icon 32 Tunisian sailors dead in two sinkings in a week
      199 23 Reuters [TUNIS] Tunisia has suffered two ships sinking in a week, with the loss of life reaching 32 Tunisian sailors, according to officials. Coastguards recovered the body of one of 13 Tunisian fishermen who drowned when their trawler, the Thamer
      Reuters  -  199 words
    • Article
      Lock icon Keppel Cebu cleared of oil spill charges
      286 23  -  Pollution last year was discovered 15km away from Philippine shipyard Fromi Alec Almazan in Manila [MANILA] A Philippine unit of Singapore's Keppel Group has been cleared of oil spill charges by the Philippine Coast Guard. In August last year, a 4,000 litre bunker
      286 words
    • Article, Illustration
      Lock icon HK terminals' container traffic in Dec up 12.7%
      450 23 Biggest single month rally since negative trend last June Reuters [HONG KONG] Container traffic at Hong Kong's main terminals jumped 12.7 per cent in December, the biggest single month rally after reversing a negative trend last June, Hong Kong's Port and Maritime
      Reuters; AFP  -  450 words
    • Article
      Lock icon Fewer delays along Baltic sea lanes
      250 23 Reuters [LONDON] Ice-related shipping delays were easing at most Baltic ports on Tuesday, though conditions were said to be more hazardous towards St Petersburg with up to 40 vessels trapped, port officials said. Port agents at the Baltic port of Tallinn in Estonia said
      Reuters  -  250 words
    • PRESTIGE aftermath
      • Article, Illustration
        Lock icon Devastating impact of oil spill continues
        868 24 Heavy black oil from the Prestige continues to mar the coasts of France and Spain two months after its sinking AP [PARIS] TWO months after the oil tanker Prestige ruptured its hull in a storm and sank to the bottom of the Atlantic Ocean,
        AP; REUTERS  -  868 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      113 24 PAGE BSA 6 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 China Shpg 5 Cougar 5 CWT Globelink .6 Delmas 4 Dongnama 3 ECL 3 Evergreen 4 Foong Sun 5 Gemartrans 4 Hangli 4 Hyundai 4 Heung-A 3 IRISL 5 Kapal Kris 4 Kien Hung 5
      113 words
    • Article
      Lock icon SHIPPING GUIDE
      10742 28 THE BUSIINESS TIIMES EXPORT ETA Advertiser Vessel Voyege Telephone ETA ETA Advertiser Vessel Voyege Telephone SIN Nam* Nam* Number Number SIN Dest'n Name Nam* Number Number To AOABA (AOJ) 2023 Jordan To ABIDJAN (ABJ) 2003 Coto D'lvoir# h/oi h/« uasc al farahidi C226W 27/01 11/03 CMACCM CMACCMPUCET 22KW
      10,742 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        629 31 Vessel Voy No Berth Arrival Departure JURONG PORT ALPHAHARMONI 66 J5 A/SIDE 16/01 1500 EVERISEGLORY 70 J12 A/SIDE 16/01 2300 M SERVICE 02/03 J13 A/SIDE 16/01 0600 MAR FAITH 002N J16/17 A/SIDE 16/01 2300 NEW AMPLE 001/03 J22/23 A/SIDE 16/01 1800 A KAMBING 1 JB0102 J7 16AJ1 1015
        629 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1885 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmb< ACX ULAC 048S 048S 1 1901/2003 1500 2001/*****300 ACXMARGUERI 013N 013N 1 1801/2003 1500 1901/*****300 AL AXOA1J Q17t C217E 1_ 1*01/*****530 1*01/2003 2300 ALAMJAYA 2 8830 8830 1 17*01/2003-0130 17/01/*****000
        1,885 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        148 31 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:
        148 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        796 31 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 average sized stem. Market movements are indicated The Cockett Bunker Price Index change and
        796 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        481 31 Crtw Jan 9 Density Hater >iiMm AsAAImMimi Sediment Imi K/ITI »/v M/M M/M mi —ox ISO/Cmmc Lints Spec E25 991 tO 15.0 0.10 80 0.10 Iptt C35 99) tO W O 0.15 80 0.10 northern turope MO Ave 976 0 0.1 10 J 0.04 18 0.01
        481 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Ryanair expects 35% jump in revenues
        387 32 Budget airline chief forecasts 840 m euros for 2002 fiscal year ending March Reuters [MILAN] Europe's second-biggest budget airline Ryanair sees revenues for its 2002 fiscal year rising 35 per cent as the group expands in Europe, chief executive Michael O'Leary said. "Our revenues
        Reuters; REUTERS  -  387 words
      • Article
        Lock icon Lufthansa wage talks end, raising prospect of strikes
        209 32 Bloomberg [FRANKFURT] Deutsche Lufthansa AG and Ver.di, Europe's largest union, ended talks about a new wage agreement for its 52,000 cabin crew and ground staff, raising the possibility of strikes this week. Lufthansa added details to its offer on Tuesday, including an
        Bloomberg  -  209 words
      • Article
        Lock icon Reports cite security lapses at Paris airports
        341 32 Uniforms, pilot's licences stolen despite stepped-up measures AP [PARIS] Stolen baggage, stolen uniforms and even two stolen pilot's licences attest to worrisome security lapses at Paris' two main airports, according to official reports cited on Tuesday by the newspaper Le Monde. Despite stepped-up
        AP  -  341 words
      • LOGBook
        • Article
          Lock icon No hearing delay for HK airlines
          84 32 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd and Hong Kong Dragon Airlines Ltd were prevented by a court ruling from delaying a public hearing on Cathay's plans to fly to China, one of the world's fastest-growing air travel markets. High Court Justice William Stone,
          Bloomberg  -  84 words
        • Article
          Lock icon Nod for Cathay code-sharing
          106 32 AP [HONG KONG] Cathay Pacific Airways announced on Friday that it has received final approval to begin code-sharing with American Airlines on flights to the US. A statement said the approval was granted by US transportation authorities last week after US and Hong Kong aviation regulators
          AP  -  106 words
        • Article
          Lock icon Ex-Swissair staff out pay claims
          61 32 Bloomberg [ZURICH] Most former Swissair Group staff cut their salary claims by up to four fifths to avoid an early liquidation of the defunct flag carrier that would have eroded the value of the company's assets. More than 83 per cent of former workers agreed
          Bloomberg  -  61 words
      • Article
        Lock icon US airlines stop child discounts on Europe routes
        261 32 Bloomberg [DALLAS] American Airlines, United Airlines and other carriers stopped offering discount child fares between the US and Europe as they seek new ways to boost revenue, an Internet travel executive said. The cheapest, published round-trip fare on AMR Corp's American, UAL
        Bloomberg  -  261 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1967 32 cm RIGHT EI* FLIGHT no 0*973 09W 0F5 2255 MM 1*73*1 1640 6*7382 2150 2350 orn «40 ort2 mo wro 2350 LH77I >650 S026 2350 1 ****** KM LM779 2359 Kmitv+m 5035 0655 0*974 0130 *****7 1650 ****** 2359 ***** 1535 W.838 2330 U7306 *25 S*****
        1,967 words
  • Page 23 Advertisements
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      461 24 NORTH AMERICA QULF!INDIA SUB-CONTINENT huww—imgCTH——o I |am*M«MMP<p«E»»<«a| I vissa wr v» P"™*"" 1 00a CAUFOCNU 67WS1 31/11 11/01 OMfT ftO MMIOTD PUSAN OX 00/01 00/01 OOaMMN 44 WO? It/01 02/01 04/01 HAKIMAMM 10C H/01 17/01 19/01 27/01 OOaWWBUWPS 42*03 2S/01 00/0? 11/W PtO MHHiOTP PUOAJ 041 22/01 23/01 20/01 02/W
      461 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      597 24 lines services represented by asW^nf*. Members of ihe Registry of f©3 Aaracted JSr 9 Snaop^Sl^A^to ULY UNI MALI rasa voy i» in tu A p. aims store hi Empress Lily 0103 28/01 29/01 06/02 Princess lily 0203 17/02 18/02 26/02 Empress lily 0203 06/03 07/03 15/03 ULY MABNI SCTVKSS PTE
      597 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      889 25 TO USA (SAX SERVKE) vtssa voy sm eta lax oak mi hou on cot mem m nyc API SCOTLANO 1141 11/01 30/01 03/02 N/02 04/03 04/02 R4/R2 04/02 07/ M 97/92 API BELGIUM 1121 22/01 06/02 10/02 11/02 11/02 11/02 11/02 11/02 14/02 14/02 API SWEDEN 004E 29/01 13/02 17/02
      889 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      1962 25 DIRECT CALL TO combo 4 days J??!f<l5i!!! WN raITD SSHS 1 J33S 3SB I barmi abbas •12 Mrs annn/iiHiM T/WVMP mjosws OTIOSIIO/A* I JOMOt'S OFftCL COHVamOMU *****N1/050 ******7 J/71 I J COSIAOAgHQBIMHON 10:07-*****44 HUL 07-*****70 had. S» hig sma om un hi uoi no it rn *si/w tn w u
      1,962 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      767 26 HMME* HYUNDAI MERCHANT MARINE CO., LTD. I am. IM*7WOOOOH |vesa vot "3" sou ia mi m mm mv Ifvtssa vot sou |tal to hoi mv TtT inmam ioiw T*7ii m/oi m/oi moi motes urn 17/11 m/ii n/11 is/11 u/ti ■otrtowa omw u/oi 07/01 u/n 03/01 05/01 tfiruai tm n/u is/11
      767 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      1151 26 WAN HAIMMMONM. PII LTD dKHMsnooot/i VrrT\ ilf aairr J*"*' 5 H4imsj fvumuu VJT\WAN HAI LINES ssssaasssssssL. n&vißwmittwiMßi aftwaMßniaivaai BmißllSTMMißlininMTßWimjmiM/TUW WL7UI7* WWW.WWW.IW.>! ia«Jj>l)4ljmilM.p t «}H»B,iiqw haSnn Sw ni% —will JJJ kh wtr-jct rauiHMTs m »mi n* mi Sfi nm nm nm nm mm rmnnui idi aam I mi mi ntnw m
      1,151 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 3
      581 26 aoas&« WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHER* AMD WESTERN KB POMTS vtssa vw m pjoanc coummq n.snh» couxmq HSMSIB SOI7W 13 MM IS Ml HMI 77 Ml 7SMI KNBOBOtt M7W 70 Ml 7?MI MM! WJW 01 W MBBWA THBIS 77Ml 71 Ml WW ISW WW HOBimCM P4S
      581 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      769 27 IVMffl VOY KHH HKO I «N I PKI PXS MI PMM —t M.V. UNDAVIA KL 293 10/01 11/01 14/01 IS/01 12/01 23/01 01/02 03/02 MAN HERMAN KL 294 14/01 IS/01 IS/01 19/01 26/01 27/01 07/02 09/02 MAN ISFAHAN PCL -295 21/01 22/01 2S/01 26/01 02/02 03/02 11/02 13/02 MAN HOEMOZGAN
      769 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      459 27 4 r=rr?| UK CONTINENT SERVICE Loading tor KOVDOfI RDM/ATW/BMNAJK/NAN SETIF H RDM/ATW/BMNAJK/NAN^ ORIGINATOR RDM/ATW/BMNAJK/NAN* Lo«d» Sng«porw. E>W. wi. mdone— MIDDLE-EAST SERVICE Loading for EXPLORER S DBl/ABU/DOH/BRN/DMM/KWT WHITE GUARDIAN DBl/ABU/DOH/BRN/DMM/KWT PACIFIC SUN H DBl/ABU/DOH/BRN/DMM/KWT PIONEER SAILOR JDH/AQA/DMT MADRE DBl/ABU/DOH/BRN/DMM/KWT "Load* Sngapore, E7W MMayaa. Worn* USA SERVICE Loading tor BLUE PRINCESS CAM^IFK/SAV/NOL
      459 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 3
      617 27 yea m m m jsaa m m c j*u»m mm nzu !igi_ -buml_ zzu lizu u/n mm** o** iizu izzu yiM UM ii/li 11/11 num* mm nzu -2HSb 25 55! gpg mSM SZU 21/11 ncmuM tits a/oi rtriMM mm 21m 21/11 NKOAia* N47M niol 73/01 moan* Mg »/>' I u/n
      617 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      117 28 Y .9.y A ..f 11V E V«l Vmr >w|ld»i|t—i Kwr T>»h Nhptl K»—» IMw* Palermo Senator 949E 23/01 02/02 OMIT 12/02 14/02 16/02 Palermo Senator 949E 23/01 06/02 12/02 13/02 Palermo Senator 949E "2370T 11/02 OMIT 21/02 *****1370T Hooflkonq Senator 828E" 28/01 06/02 12/02 13/02 "WOT 1575? WST Hongkong Seootor
      117 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 2
      176 28 CWT GLOBELINK PTE LTD W owNomctuN TEL:€ 22 ***** (36 LINES) FAX:€225M742 SYDNEY MELBOURNE PENANG PORT KELANG PASIR GUDANG KUCHING BANGKOK KARACHI BOMBAYM. NEW DELHI-COLOMBO-HO CHI MINH CITY HAIPHONG HANOI BREMEN-HAMBURG TIANJIN-QINGDAO-SHANGHAI XIAMEN FUZHOUDALIAN XIAN BEIJING SHI JIA ZHUANG DIRECT SAILING TO: mmMmm-mmwmm MUMBAI (BOMBAY) icaW delhi KOLCATTA (CALCUTTA) karacßlV
      176 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 3
      236 28 BSA iL MYANMA FIVE STAR UNE '"cstrtr wssa VOT sm m m ran CMNSMWIHAM S4W Si* M6M V)NW Sl* M MALAYSIA: OOUSIUO SMPPM6 ASOCKS NIL 03-*****300 PIL 03-3170*101 PBfc 04-24)2407 BANK LINE Mrrks tl Hmkrm W«r WpfM|) I NORTHBOUND TO EUROPE V COHIAOO, ROtO, OMJU I HUVYUFTS VDSa SM m
      236 words
Page thumbnail Page 29
Page thumbnail Page 30
Page thumbnail Page 31
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      123 31 flww KC y LEGEND Issued by Meteorological Services Division, NEA R Thunderstorm A Showers Rain Temperature yvind direction and speed In knots Weather Cloudy Day Sea Conditions Wind speed symbols I O Full circle w/o line indicates calm or light and variable winds s "9 hl, < ■j—«One half (leche
      123 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      60 32 RPX Airlines, Indonesia's first scheduled cargo carrier, inaugurates its 8737-200F, RPX operates between Indonesia's major airports Singapore, the entire range of service from delivering documents to Airport Services to be the chosen we are committed to reliability. Together, we the highest standards to agents forwarders. Our heartiest congratulations to Airlines!
      60 words