The Business Times, 28 January 2003

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Total Pages: 40
1 40 The Business Times
  • 14 1 MfTA (P) 010/03/2002 THE BUSINESS TIMES SI NGAPORE MrVeneMTUf^/busines^^ TUESDAY. JANUARY 28, 2003 85*
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  • 640 1  -  Overall review of CPF Investment Scheme needed, say industry players By I Serena Ng [SINGAPORE] For investors of Central Provident Fund-approved unit trusts and investment plans, much has been said over the past two years about how they ought to focus
    Source: S & P 's Fund  -  640 words
  • 73 1 □sn 1,331.25 (-26.79) ST INDEX FUTURES 1,321.00 (-32.00) SIMSCI FUTURES 162.90 (-3.20) Monday Change KLSECOMP 664.62 419 NIKKEI 225 £609.47 -122.18 HANG SENG 9,298.67 ***** SET INDEX 370.80 -5.50 JAKARTA COMP .393 56 -11.79 MANILA G'OMP .1.038 67 11.75 TAIPEI WPI 4.972.59 -84.73 SEOl'LCOMP 593.09 -16:14 SHENZHEN B 207.37
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  • 71 1 FOREX RATES US* SS US$ (SS per USS) 1.728 £(l'S$/SS per 1.635 1825 ElUOfUSS/SS/E). 1084 1873 YEN 117.8 68.20 RM 3.800 2.199 HKS 7 800 4.514 BAHT 42.60 24 65 RIT1AH 8,891 5,145 RENMINBI 8.299 4.803 INDIAN RI'PEE 47.88 27.71 PRIME RATES SINGAPORE* 5.25 nuuunra 6.40 HONGKONG 5.000 JAKARTA
    71 words
  • 524 1 Iraq's cooperating but not enough, says Blix He also points to 'strong indications' that Iraq still has anthrax stocks Agencies [UNITED NATIONS] Iraq hasn't genuinely accepted a United Nations resolution demanding that it disarm and while Baghdad is cooperating on access, it needs to do more on substance, chief weapons
    Agencies  -  524 words
  • 371 1  -  By Christopher Tan [SINGAPORE] Motor traders have upped prices by as much as $6,000 since the MAS-triggered buying frenzy started last Friday, culminating in an estimated 3,000 people descending on showrooms across the island at the weekend. Leading the pack is
    ARTHURLEE  -  371 words
  • 398 1  -  It was last week; UOB deal also waives 6 instalments By I Siow Li Sen [SINGAPORE] Eyeing that Beemer? An aggressive loan package from United Overseas Bank means you can now drive a 520ia with just a $19,900 cash downpayment. And forget about
    398 words
  • Page 1 Advertisements
    • 27 1 ill 8 wisv^oooo M&0/SME500 THE BEST OF CORPORATE SINGAPORE In a special 10-page supplement, we take the pulse of S'pore's top companies. Free with your BT today
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    • 43 1 UBs, Dow could plumb new depths, Next Page TTIglifir Uoensing/ees/or cafe companies, Pg 7 v 4 Lu vie en bijou.x 4 j£ l 4?- I K 1a fr N;iinsunu I .">00 I lu* Mobile I c w o I lor II r r
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  • NEXT page
    • 713 2 2 NTU economists call for change in Singapore's foreign labour policy Ry Audrey Tun. [SINGAPORE] Employing more foreigners in the manufacturing sector may not seem the obvious thing to do at a time of rising unemployment, but that's the prescription of two Nanyang
      713 words
    • ON THE grapevine
    • 375 2  -  It intends to base its Global Centre here, hire more By' Tang Weng Fai [SINGAPORE] Singapore's $16 billion a year hard-disk industry looks set for a major boost as Japanese diskdrive giant Hitachi Global Storage Technologies (HGST) announced it would base its
      375 words
    • 699 2  -  By] Larry Wee [SINGAPORE] US stocks and the US dollar could plumb new depths this week if things don't go right for President George W Bush, market participants warned yesterday. "This is going to be the most important week of the year
      Source: Reuters  -  699 words
    • 298 2 It will hut werld economy despite helping US exports Reuters [DAVOS] Billionaire investor George Soros said yesterday the US dollar's slide to multi-year lows against major currencies would have a negative impact on the global economy despite making US exports more competitive. He also told
      Reuters  -  298 words
    • 62 2 IN our report "SIA, DBS, SPH top 3 in corporate governance" (BT, Jan 24), we said that The Asset is an Australia-based magazine. The Asset is, in fact, based in Hong Kong. Also, The Asset pointed out that its surveys are not "polls". It says each of
      62 words
  • Page 2 Advertisements
    • 406 2 2003 Financial Reporting Update Seminars Dates What day In Financial Repotting Developments in financial reporting requirements over the last three Tuesday, 18 February 2003 months will have significant impact on companies in Singapore. These include the issue of new exposure drafts on share-bared employee Exposure Draft: ED 2 compensation and
      406 words
    • 11 2 GDP set to pick up to 3.34% this year, Pg 10
      11 words

  • Page 3 Advertisements
    • 83 3 VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1755. -^-*^-"?r^Bfiifr.- v -jib w*, *A f BillSt 4iJPii» -SB r Miiag^^WgMMMßHJWiiNPgmig' ex. I Jg f BfiK 5? m 7-u —■"•■lßßl^^^BHHßßSS^r'Nlr^r' 'v > <r«^;V-. tj Masterpieces. From time's finest artists.^^ <c>> cortinawatch SINGAPORE: Cortina Watch Raffles City #01-36 Tel: 6339 9185 'Lucky Plaza #01-32
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  • Page 4 Advertisements
    • 999 4 I <H1 Land Keppel Land Limited (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2002 The Directors of Keppel Land Limited advise the following unaudited results of the Group for the year ended 31 December 2002: GROUP 2002 2001 $'000 $'000 Turnover 298,968
      999 words
    • 152 4 OSIM INTERNATIONAL LTD fIIfIIIiiIiIIIIIIHIiiIIIViIHHHiHHHIHHHHHHMHHHHHRHHHHIIIiB Results Announcement For Year Ended 31 December 2002 (these figures have not been audited) 31 December 2002 31 December 2001 change t Turnover $239.2 m $167.7 m +43% Operating profit $37.2 m $19.7 m +89% Operating margin 15.6% 11.8% Pre-tax profit $22.5 m $16.2 m +39%
      152 words
  • SINGAPORE companies
    • 569 4  -  It makes $26m tfain* remaining ur j i investment properties should yield profit if sold By, Andrea Tan KEVIN Wong is a more relaxed man this year. He dished out travel tips visit Thailand and Vietnam to witness their growth at Keppel Land's
      CHRIS LOH  -  569 words
    • 411 4  -  Average occupancy beats forecast by L 4% in Dec Byy Vince Chong THE average occupancy rate for A-Reit properties outperformed its fivemonth forecast by 1.4 per cent in December, the most significant being the take-up at The Aries and Techlink. The Aries in the Singapore
      411 words
    • 377 5  -  Profit surges 28% to record $17m; l-for-4 bonus share issue proposed By\ David Boey OSIM International is in the pink of health. The mainboard-listed maker and supplier of healthy-lifestyle products yesterday unveiled record profits of $17 million for its full year ended December 2002. The
      ARTHUR LEE  -  377 words
    • 241 5  -  By Michelle Quah MAINBOARD-LISTED marine engineering services group Metalock (Singapore) has posted a whopping 437 per cent increase in net profit to $4.61 million for the nine months to Dec 31,2002, from $859,000 in a year earlier. The dramatic rise also came on a
      241 words
    • 190 5 Top management changes at Singapore Computer Systems (SCS) continue apace. SCS, part of the Singapore Technologies Group, has appointed Pek Yew Chai, 42, as its chief operating officer from today. Mr Pek is no newcomer to SCS. He joined the organisation in
      190 words
    • 747 5  -  HOCKimM.II vince chong IN A matter of months. United Fiber Systems (UFS) looks like it has gained a new lease on life at least on paper. Investors dumped UFS shares last November after its Indonesian forestry concessions were revoked, sending the stock to 3.5
      747 words
    • 452 7  -  Sing Tel falls to No 2 spot in ranking of 1,000 biggest businesses in S'pore By( Chuang Peck Ming IN a year when the pharmaceutical industry held up despite dark clouds over the economy, Glaxo Wellcome Manufacturing toppled Singapore Telecommunications to become the
      452 words
    • 237 7  -  By] Michelle Quah COMFORT Group's vehicleinspection unit Vicom Ltd is acquiring a Keppel Integrated Engineering (KIE) subsidiary as part of its expansion strategy. In an agreement signed yesterday, Vicom will buy KlE's wholly owned Setsco Services Pte Ltd for $15.7 million. KIE is
      237 words
    • COMPANYBriefs
      • 78 7 Bloomberg WING Tai Holdings, which expects to start selling homes at two of its Singapore projects this year, said the island's developers will probably sell more units than analysts have predicted. The company expects Singapore developers to sell more than 7,500 homes this year,
        Bloomberg  -  78 words
      • 80 7 Bloomberg CREATIVE Technology, the world's biggest maker of computer sound cards, may have had its smallest fiscal second-quarter profit in 10 years because of falling holiday-season sales, analysts said. Net income probably fell to US$l3.9 million for the three months ended Dec 31 from
        Bloomberg  -  80 words
      • 39 7 HITCHINS Group said its director Tan Chong Huat sold his entire stake of 100,000 shares in the company on Jan 23 at 24.4 cents apiece. Hitchins started trading on the bourse that day.
        39 words
      • 64 7 TAIWANESE venture capital firm Hotung Investment Holdings yesterday said it would record a substantial loss for the year ended December 2002, as global equity markets, particularly telecommunications and technology companies, performed worse than it expected. Hotung said it has made much larger provisions on its
        64 words
      • 91 7 Bloomberg CHARTERED Semiconductor Manufacturing Ltd and ST Assembly Test Services Ltd (Stats), Singapore's biggest chip-related companies, may both report an eighth straight quarter without profit as an industry slump persists. Chartered Semiconductor probably had a fourth-quarter loss of US$ll6 million, compared with a loss of
        Bloomberg  -  91 words
      • 58 7 PKTech International yesterday said its former chief executive officer Yong Kwet On left the company to pursue his own business interests. It said its board of directors recorded its "deep appreciation" of Mr Yong's service and invaluable contributions to the company. PKTech had announced Mr
        58 words
    • 381 7  -  Reports by Christopher Tan CAB companies will have to fork out more than $5 million a year for a new licensing fee the government introduced yesterday. The Land Transport Authority's taxi operator licence is part of the government's move to monitor service standards of cabbies
      381 words
    • 281 7 WANT to start a taxi business? You can apply for a licence from March and be ready to ply from June, according to the Land Transport Authority. But you must start with at least 100 cabs in the first year, and have 400
      281 words

  • Page 5 Advertisements
    • 99 5 I' i k V i 'i'ZiS t\ c .V •§40 Piaget, the secret garden -J V; '«*.X V -i. v ;v- V" V V-.V; TuSi %V V;Vv 1 v > *< < r J V ;< < I I i > < t t V '•n PiageT PI AGE T
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  • SINGAPORE markets
    • Article, Illustration
      302 6 OTHER SINGAPORE INDICES Jan 27 VALUE CLOSE ■TOMB -462.00 348.00 ■TCMM -*****.00 -163.00 IT 10-4aylM *****.00 417.00 AS-SG EqaitiM 351.60 -7.40 S6 C<mW»i D>ct 114.03 -3.17 SGEqatttsFki 1165.90 -25.90 SCEvrtmPr* 311.36 -10.50 MSaSkcapore 163.19 -3.88 SMSCIFatarM 162.90 -3.20 Stab Vvkrtm Chart SenwCond 26c 18.667,000 Mediastrearn 5c... 13.161.000 DMXTechUSSc 10.644.000 Datacraft
      302 words
    • 268 6  -  HOT STOCK/ WARRAMT By Ven Sreenivasan ASCENDAS Real Estate Investment Trust (A-Reit) saw a sharp selldown yesterday as a wave of margin selling hit the market. While the margin calls were largely on other counters, the fact that AReit has held up reasonably
      268 words
    • 766 6  -  STOCKS r. sivanithy IT came as no surprise. The Straits Times Index slid 26.79 points or 2 per cent to 1,331.25 yesterday as expected given Wall Street's collapse last week, mounting war fears in the Middle East, weakness in the futures market for
      766 words
    • 876 6 Traders believe war is inevitable and has been factored into prices Reuters AFP [TOKYO] The US dollar held off deep er losses in Asia yesterday as some market players cast their gaze beyond a possible war in Iraq and saw
      Reuters; AFP  -  876 words
  • 39 6 UNIT TRUSTS FUNDS LEGEND: Al prices arc mdkaOv* en* ter EiKinaonAam/lnadyOMniMl FocuMd: S Uymrn *«k. lo— «o Mwftum M*.» Mwtum to High tak. Moto llisfc. Woprvnrtxl« >»«or» >üb<«wor«/ units. Aftor fubdmaon o4 unite, 9 dim stock sflfttNJk-NonOMtng !>■*•• Hoar PnceOOflS
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  • Page 7 Advertisements
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  • EDITORIAL & opinion
    • 723 8  -  ■SEIIEIuiniQ OPINION william pesek jr Bloomberg THE Philippines avoided the worst of the 1997-98 Asian financial crisis. Yet as most neighbouring countries have recovered in the years since, its economy has slid towards crisis. The Philippines is moving into dangerous territory so
      Bloomberg  -  723 words
    • 77 8 'We can t assume that the majority of corporate leaders are crooks. The business community is seriously committed to bringing its house in order and recreating trust.' -Klaus Schwab the World Economic Forum (WEF) founder, on the distrust of business leaders. 'I have never attended Davos, and
      77 words
    • 588 8 EDITORIAL MO doubt that with a general election just a year away, this will be a trying year for Indonesian President Megawati Sukarnoputri. Less than a month into the new year and already, her administration has been forced, embarrassingly, to partially restore subsidies for fuel, electricity and
      588 words
    • 1148 8  -  It's time to end the fiction that central banks can be independent from other organs of economic policy-making From< Anthony Rowley in Tokyo THIS is a season of change among the heads of many of the world's key central banks: Mervyn King is replacing
      AP  -  1,148 words
    • 177 8  -  MAiurm Serene Ali Tan Chief Operating Officer. Global Active Limited WE refer to the BT articles "Global Active's IPO launch delayed" (Jan 20) and "Former finance chief of CSC Holdings under probe" (Jan 23). relating to the intended initial public offer of shares in
      177 words
    • 228 8  -  Tan Kin Lian Chief Executive Officer NTUC Income I REFER to your article "Income comes out tops in motor insurance" (BT. Jan 22). You reported that our overnight success could be attributed largely to an aggressive plan in mid-2002 to offer coverage at premiums
      228 words
    • 155 8  -  Boon Ai Tin Acting Head, Housing Finance Housing Administration Department Housing Development Board 1 REFER to the letter "Helpful to have more details of HDB's policy on defaulters" by Leong Sze Hian (Mailbag, Jan 23). HDB will help its mortgagors who are in
      155 words

  • FOCUS property
    • 589 9  -  BIU.1..I..M.U PROPERTY The rivalry between Keppel and M&pletree both Temasek companies seems to be getting fiercer lee han shih THE property market may be in the doldrums, but at least one developer Liew Mun Leong, head of the huge Capita Land group started
      589 words
    • 376 9  -  Survey finds only 3 in 10 who do not mind living as high as 50 storeys np Byy Vince Chong SINGAPOREANS generally enjoy the high-rise environment of their Housing Board flats but not many seem to be looking forward to living in
      376 words
  • Article, Illustration
    1032 9 Transaction date: Jan 27 TERROR CROSS RATES A$ CS OwO Era HK$ Mil Vaa Wm 1 82$ N>t» Naa H MX 0T| 0* Nwi WS$ Aastraia 0.901 4.925 0347 4529 28.416 52.761 1499 6.941 2255 1082 34.503 ***** IMS 5J66 0J03 ***** ***** 0363 0.593 CaaMb ino 5.467 0508
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  • Page 9 Advertisements
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      320 words
    • 40 9 dt355E^™ TODAY IN cheaper burgers! no help I flagging I business jf Share the good news with your shareholders. Releasing a financial statement? We Ve Call **********2 ol\V| email: Pecruit^sph.com.sg to book youi Notices I II advertisements our newspapers now.
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  • SINGAPORE news
    • 581 10  -  Moderate growth rates likely to be the norm now: NTU economists By t Audrey Tan SINGAPORE'S economy will only see a gradual pickup to 3.34 per cent growth this year the first time it is not rebounding to "superlative" growth
      581 words
    • 372 10  -  -By I Serena Ng AFTER dipping unexpectedly in November, Singapore's industrial output rebounded in December 2002, surging by a higher-than-ex-pected 19 per cent from the same month a year ago. The growth was more than double what most economists predicted, and is likely to have
      Source: ED  -  372 words
    • 307 10  -  It projects growth of minus 1 to 3% By Stephanie Yap WITH tourism receipts falling in recent years, the Singapore Tourism Board (STB) yesterday announced a new strategy to devote more resources to growth markets such as Asean, China and India, and explore
      307 words
    • 325 10  -  But they disagree on proposed guide By] Kalpana Rashiwala A DIALOGUE at the Law Society yesterday evening to discuss the abolition of mandatory scale-fees from Feb 1 ended with most members agreeing there should be some guidelines on fees. But it appears
      325 words
    • 225 10 EXECUTIVES who attended a pre-budget dialogue session organised yesterday by the Feedback Unit urged the government not to shy away from a budget deficit and to play a greater role in creating jobs. Wang Kai Yuan, chairman of the Feedback Supervisory Panel, described
      225 words
  • Page 10 Advertisements
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  • REGIONAL news
    • 482 11 BANK TAKEOVERS Purchase, if successful, will mark return of Mr Quek to HE banking Bloomberg [KUALA LUMPUR] Hong Leong Bank Bhd, Malaysia's sixth-biggest lender, said it is in preliminary talks to buy a stake in International Bank of Asia Ltd, without identifying the potential
      Bloomberg; FILE PHOTO / APPLE DAILY  -  482 words
    • 372 11 Bloomberg [SHANGHAI] Hang Seng Bank Ltd, Hong Kong's third-biggest lender, may beat parent HSBC Holdings Pic and two rivals to buy a stake in Huaxia Bank, China's ninth-biggest lender said. The two banks, along with UKbased Standard Chartered Pic
      Bloomberg  -  372 words
    • 292 11 KUALA LUMPUR Reuters MALAYSIAN regulators will accelerate the implementation of auditing reforms to boost investor confidence after the US overhauled accounting rules last week, a top executive at Ernst Young said yesterday. See Huey Beng, managing partner of Ernst Young Malaysia, said
      Reuters  -  292 words
    • 286 11 KUALA LUMPUR Reuters MALAYSIA'S Celcom said shareholder Deutsche Telekom AG has sought talks that analysts said might signal the German firm's exit from the Malaysian telecoms scene and smooth the way for Celcom's takeover by Telekom Malaysia. Celcom (Malaysia) Bhd, the country's number
      Reuters  -  286 words
    • NOTEBook
      • 87 11 Reuters Bloomberg [BANGKOK] Prime Minister Thaksin Shlnawatra estimated the Thai economy grew S3 per cent in the fourth quarter of last year on the year, ensuring growth of more than 5 per cent in 2002, the Krungthep Thurakij newspaper said yesterday. Separately, Commerce Minister
        Reuters; Bloomberg  -  87 words
      • 67 11 Reuters [MANILA] The International Monetary Fund (IMF) has trimmed its 2003 growth forecast for the Philippine economy to 3.5 per cent from 3.8 per cent, local papers reported yesterday. IMF officials were not immediately available for comment. The IMF's revised gross domestic product growth estimate,
        Reuters  -  67 words
      • 88 11 AP [BANDAR SERI BEG A WAN] Brunei will spend up to 1 billion Brunei dollars (Ssl billion) this year for development projects, the government said. The budget is "expected to generate rapid economic activities to boost economic growth," Awang Kamis Tamin, acting director general of the
        AP  -  88 words
      • 60 11 Reuters [BEIJING] China's largest media group said yesterday it plans to regroup its newspaper and magazine division into a joint-stock company to make the fragmented business more competitive. The new company would include the 36 newspapers, magazines, publishing houses and audio-visual publishing firms under the
        Reuters  -  60 words
      • 67 11 AFP [MANILA] The Philippines House of Representatives yesterday acted swiftly to introduce changes to money laundering laws amid threats of sanctions if it flailed to meet a Feb 12 deadline. The House bank, justice and economic committees jointly endorsed amendments sought by President Gloria Arroyo
        AFP  -  67 words
    • 375 12 About 40% of loans at top 4 banks are non-performing Goldman Sachs SHANGHAI Bloomberg INDUSTRIAL Commercial Bank of China, the nation's biggest bank, and its three top rivals will need a US$29O billion bailout if they are to become competitive and attractive to investors, Goldman
      Bloomberg  -  375 words
    • 268 12 HONGKONG AP DESPITE gloom over unemployment and deflation, the Hong Kong economy appears to have grown by 2 per cent last year and should continue to recover, though much depends on whether there is a war in Iraq, the
      AP  -  268 words
    • 261 12 JAKARTA Hendra Rahaija's financial obligations must be settled: Jakarta AFP A FUGITIVE Indonesian banker who was sentenced in his absence to life imprisonment for corruption has died in Australia of kidney cancer, the Indonesian justice minister said yesterday. The minister, Yusril Ihza Mahendra, said
      AFP  -  261 words
    • 447 13 BEIJING This pnts to rest talk of impending changes affecting currency AFP Bloomberg Reuters CHINA'S new central bank governor has vowed to maintain the stability of the currency, the yuan, putting to rest weeks of speculation that change was on the cards,
      AFP; Bloomberg; Reuters; REUTERS  -  447 words
    • 172 13 TAIPEI AP TAIWAN plans to allow citizens of China who are employed by multinational companies to work on the island, an official said yesterday. Foreign firms have long complained that the restrictions on their Chinese employees working in Taiwan have seriously hindered their
      AP  -  172 words
    • ASIANotes
      • 51 13 AFP [HONG KONG] Hong Kong yesterday opened a round-the-clock border crossing in a landmark move towards economic integration with southern China's Pearl River Delta region. Some 4,000 people had crossed the boundary at the Lok Ma Chau checkpoint by 6.30 am yesterday, immigration figures showed.
        AFP  -  51 words
      • 93 13 AP [TAIPEI] About half of all Taiwanese want their government to lift a five-decade ban on direct air and shipping links with rival China, according to a newspaper poll released yesterday. Fifty-one per cent of the respondents said they wanted the government to open direct
        AP  -  93 words
      • 78 13 Reuters [TAIPEI] Taiwan posted yesterday leading indicators for December that declined for a third month to the lowest level in 10 months, as the island enters the annual manufacturing slowdown after the pre-Christmas peak period. The Council for Economic Planning and Development said in a
        Reuters  -  78 words
      • 83 13 Bloomberg [HSINCHU, Taiwan] Macronix International Co, which makes chips used in Nintendo Co's Game Cube, had a record loss for 2002 and said earnings may worsen in the current quarter on low chip prices. The company said its loss widened to NT511.36 billion (***** million) from
        Bloomberg  -  83 words
      • 79 13 Bloomberg [TAIPEI] Infineon Technologies AG said a Taiwan court upheld an injunction against ProMos Technologies Inc, its joint venture with Mosel Vitelic Inc, and two of its employees will be returned to ProMos' board of directors. Infineon, the world's No 4 maker of computer-memory chips, also
        Bloomberg  -  79 words
    • 202 13 TAIPEI AFP TAIWAN has banned local banks from investing in mainland-related securities in a bid to control the outflow of funds to China, the Commercial Times reported yesterday. The central bank has ordered local banks and their offshore units not to buy China-related securities
      AFP  -  202 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 182 12 Hi (Mon-Fit MSI/MB. HvaHdfoTMtnwnumJ HrdaoowlNlMMii H>aily I Weekdays: Mufonty Weekends/PuMc Holidays: llf I _1 A Presented Diners Club Credit Cdrd r<> mh* 6416 0980 Where to wine, dine and entertain.•• n MERITUS MANDARIN SINGAPORE f~| 5m n Reservations: 6831 6262 /66 jjjjg IMk KM* MERITUS V MANDARIN tINCAPOII 333 Orchard
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    • 320 12 jj Spring Time aU 1 8 )l lanoarg Z00) Lonir Mem Year's Eve Hf o r Toikon-£n Room I r Price: $43 00*** per person (mMrman 6 penon par tabic) I H Tht MnrTißMt q W Price $38.00"* (AAA) $20.00"* (Chid) IX I Every table get* a Plate of Salmon
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    • 162 12 LjgS Opening Hows llnow 3pw, S.SOpwi -1 lpw I I 6535 0383/6540 5559 U I Dining By the River I if Under the StarS| ti 1 ajj j» Charcoal BBQ f] P| Combination i^jpn' y IJ A For 2-4 Person A I 90 Merchant Road. Riverside Point #01-04 I 'Singapore
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  • Page 13 Advertisements
    • 182 13 and enjoy the view jgg'-aa; fl 1 BIP IS p v t mm ll HV 7 "VY 1 i fl—i w mbr r m i r IFF FT 4 ,r j J T-t 1J-; j- L J l"'l l I wwaaajSb *h""' k 1 That s the advantage of HarbourFront
      182 words

  • REGION world
    • 453 14 SEOUL State auditors probe 400b won loan to Hyundai Merchant Marine SOUTH Korean prosecutors barred the former chairman of Hyundai Group and 14 other group executives from leaving the country, citing allegations that a Hyundai affiliate might have diverted funds to North Korean dictator Kim
      453 words
    • 399 14 NEWDELHI It promises to bar state-owned firms from bidding Reuters INDIA gave the green light to the sale of two cash-rich oil firms on Sunday in its biggest privatisation move in a decade, setting the tone for a rev-up in economic reforms
      Reuters  -  399 words
  • 1503 14 S1C0M FUTUUES Jan 27 RU88I8 Fakns (CM* prices) KSS1(Scm(sA4} Close Mm Open tfm > HM* Uv Sett (towi) Iwterest 158.25 Mar 03 ***** Apr 03 *3.50 May 03 ***** RSS 3 (US cmfe/kg) Mm OpM mmtk Mfh Low Sett (ttmi) Wnil Feb 03 9100 9025 9025 475 2925 Mar
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  • Page 14 Advertisements
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  • 11 15 Transaction date: Jan 27 for more, go to wwwxtswuyrvenrrmrketsxxym
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    • 132 15 WJ.\■■ Bj BB CROSS connections m Freehok l3ll)6 Area 01 77.509 4 sf 1\ o p,ot Ratio 2 1 giving a Potential Gross Ftoor iT |l Area of 169,770 sf(approx) ■52 sr 1/ An attractive Niche 130 to 140 units s\ $1 Condominium Development "I Highly Marketable "Priced to Sell*
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    • 97 15 y v;^^H ST y d^ -v Y7* <b /V Luminor Marina Automatic 44 mm BRUSHLD TITANIUM AND STtCL jB' Commanding time.. Discovering its secrets. REVEALING THEM TO TRUE CONNOISSEURS. OFFICINE PANERAI: A WORKSHOP THAT TRANSFORMS IDEAS INTO WATCHES T H A T DEFY TIME. PAN ERA1 Where ideas come to
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  • WORLD news
    • 541 15 SEOUL Trading volume falls to 13-month low; insurers' body to pay ont lb won Bloomberg Reuters A VIRULENT computer worm that hobbled the global Internet took its toll yesterday on stock trading in South Korea, the world's most wired country. South
      Bloomberg; Reuters; AFP  -  541 words
    • WORLDWatch
      • 118 17 Bloomberg [WASHINGTON! US sales of existing homes rose In December, completing the best year ever for residential real estate and helping to support the economy. Previously owned single-family homes sold at a 5.86 million-unit annual pace last month, the National Association of Realtors said.
        Bloomberg  -  118 words
      • 134 17 AFP [TOKYO] Japan's trade surplus jumped 51.3 per cent last year in the first rise for four years, with exports hitting a record high because of strong Asia-bound shipments, the finance ministry said yesterday. The surplus of 9.9 trillion yen (Ssl4s billion) last year followed
        AFP  -  134 words
      • 66 17 Bloomberg [SAN JOSE, California] Global sales of handheld computers fell 9.1 per cent last year as businesses cut spending on computer-related products amid slowing economies, a market research firm said. Global shipments fell to 12.1 million units in 2002, Dataquest Inc said. Shipments by Palm
        Bloomberg  -  66 words
      • 81 17 Bloomberg [AMSTERDAM] Unilever said 2002 sales and earnings grew more than it had forecast, helped by the introduction of new products in the second half. Full-year earnings per share before one-time items, goodwill and currency changes rose about 20 per cent. Unilever had forecast a gain
        Bloomberg  -  81 words
      • 77 17 Reuters [LONDON] Job cuts in the City of London could rise to 35,000 by the end of this year because of the financial market downturn, say new estimates published on Sunday. The City, home to some of the world's biggest investment banks, has
        Reuters  -  77 words
      • 41 17 AP [CARACAS, Venezuela] President Hugo Chavez said he would put in place price and currency controls as Venezuela's economy heads for a tailspin stemming from an opposition strike, which was entering its ninth week yesterday. AP
        AP  -  41 words
    • 439 17 NEW YORK Most economists expect this when growth picks up and Iraq strife ends Bloomberg THE US Federal Reserve will raise interest rates by year-end, as the pace of economic growth accelerates once the conflict with Iraq is over, a majority of Wall Street's
      Bloomberg  -  439 words
    • 124 17 NEW YORK AFP FEDERAL Reserve chairman Alan Greenspan privately told senators he doubted that President George W Bush's tax cuts will stimulate the US economy. The Wall Street Journal reported yesterday. In a meeting with senators on Thursday, Mr Greenspan said the US
      AFP  -  124 words
    • 263 17 LONDON AFP A short US-led war on Iraq would sharply lower oil prices and also boost economic growth in the United States, according to a study published yesterday by an influential business leaders' group. But the Institute of Directors (IoD), representing
      AFP  -  263 words
    • 499 18 Extra 3t yen to be spent en public works, jobs schemes Reuters Bloomberg [TOKYO] Japan's Lower House approved a plan yesterday to spend an extra 3 trillion yen (Ss44 billion) on public works and jobs programmes this fiscal year in its effort to stop
      Reuters; Bloomberg; AFP  -  499 words
    • 360 19 ARMONK, New York Offerings mark its posh to drive nascend trend into big business Reuters INTERNATIONAL Business Machines Corp yesterday unveiled 10 powerful "grid computing" products, its biggest push yet to drive the nascent computing trend into big business. Grid computing
      Reuters; AP FILE PHOTO  -  360 words
    • 351 19  -  SINGAPORE It will set up 3 new software centres, doable headconnt By' Tang Weng Fai JAPANESE multinational NEC has marked its 25th anniversary here with a renewed commitment of almost $50 million in investment over the next three years to
      351 words

  • 5 16 Transaction date: Jan 27
    5 words
  • 801 16 I i Transaction date: Jan 27 flw Oaapi t Oaat Om* CK 045 3*40 -0 120 NaCStatf 50c (Mi 2*20 *0050 CaprttLand 143 1 000 **C0 OCBC till 9300 -CL2S0 Chart SanaCond 26c 0-63 0720 0030 OUC 0.56 6000 CMyOwSOc 1*2 4.100 0.100 Partway H 25c 030 a 750
    801 words
  • 560 16 BONDS WARRANTS Lot Vol Com Uor 'ota Caw-Hftto C—pm* Mi *m- f| Mlo Ma It UW AST1W*****1 17.5 I 16 179 069 17 AcmaLtd1MM1116 15 1 SO 758 400 22 Amtefc W*****0 77 1 33 3 139 29 Armstrong W*****0 15 1 10 130 3.33 Bar6%SA*****1 10k 104a 1 30
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  • Page 16 Advertisements
    • 412 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (I) HAOA SHIPPING PTE LTD (II) PETROSIN BUSINESS CENTRE PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At rite respective Extraordinary General Meeting! of the above named Companies held on 20th Januory 2003 at 9 00 am,
      412 words
    • 486 16 Deutsche Bank AG acting through its London branch To: All holders of Call Warrants issued by Deutsche Bank AG acting through its London branch relating to the ordinary shares of SembCorp Industries Limited Dear Sir Madam, EXPIRY OF WARRANTS The rights comprised in the Call Warrants (the "Warrants") relating to
      486 words
    • 82 16 hi ■l fl JF HT V r I .-< W B »>®s^^ v>: \>v% u So come sink your teeth into our many sweet temptations ur\TCT DUr\C\TIV from fresh Fruit Flan, delicious Mango Mousse cake, OvJ 1 cL rHUbN IX Winter Blackforest Frost and even Durian Mousse cake. All these
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  • Page 17 Advertisements
    • 85 17 OHSHIMA TECHNOLOGY (SINGAPORE) PTE LTD (Incorporated in the Republic of Singapore) (Members' voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 (1) (2) of the Companies Act. Cap. 50, a Final Meeting of the abovenamed Company will be held at Blk 336 Smith Street
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    • 404 17 i I, SplPw < i zm-tJKZ ■k "^\japan^ Look forward to Great Rewards when you fly ANA to Japan from 10 January to 10 March 2003. Enjoy Bonus Miles to redeem various benefits and gifts! It's easy to get within flying reach of your Bonus Miles with ANA's daily flights
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  • Page 17 Miscellaneous
    • 265 17 CRYPTIC CROSSWORD rßn c- 5 Doublybeasttyfabric?(7) 6 Superlatively bad (5) 1 John to be struggling at 7 Drink during subsequent work (2, 3,3) course (9) 6 Prepare to run in heat (4-2) 8 prepared t0 t0 press 9 Salesman in the money to make advance settlement jgj 13 Parent with
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  • Page 18 Advertisements
    • 914 18 i "Fly World Business Class to Europe or the U.S." 'Jfjml "Choose a free gift!" 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 from the following Philips products:
      914 words
    • 335 18 ffe l/jesl trust I m festive ot j on Prmtor Appliances Trading Pte Ltd Tel: 6748 3550 Fax: 6458 3608 www.premierappliances.com.sg Cellar Deluxe TH: *554 MM •Ee Hon Electrical TO: *7M 323» •J 4 J Home Appliance TO: *34* 77M PxnsiU Electronics TO: MM kOO2 Quality Home Appliances Tel: *334
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    • 362 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 LIAT WHEE TRADING PTE LTD (In Members" Voluntary Liquidation) NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act. Cap. 50. that the final meeting of members of the abovenamed company will be held at 18, Jalan Masjid.
      362 words
    • 253 18 IN THK MATTER OK THE COMPANIES ACT, CAP. 50 AND IN THi: MATTER OK PINNZ LAB PTK: LTD (la Creditors' Volutin liquidation) NOTICE OK KINAI. MELTING NOTICE IS HEREBY GIVEN pursuant to Section .*OB of the Companies Act. Cap 50 that the Einal Meeting of the members and of the
      253 words

  • 13 19 Transaction date: Jan 27 for live prices, log on to wimvxisiaonemarketsjcom
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  • 75 19 UM M Day MQMl CUM* M» OtM MM MCa U» Cim 1 Mi w- gg gfe f —g Wfcr Cw Ht $3 *0390 89 Diamonds US8780cd 8100 8200 WTO 2/00 IS Di US Tech US3740 3300 575 555 ISMSOSpore USS55 434 442 lino 8200 ISS*P500 US8270 8610 8700
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  • 1446 19 SUM IX Vol Day IMQMl GfU» M» CrTU MM MO* i— Cmm t* w- owl m» l— 8»y i+m cm m jmi 22 75 AMHMgsSc 10 -05 K»1 10 7.5 75 10 «j 245 1$ APOI5C 175 16 175 5 115 1A 7.4 154 M 14 AS Auto
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  • 331 19 U-Ok Last Vol Dm LastQwtc GrtNv M» 6>TM Met MCaa Imm Ciwpm Salt W- f—> lam —r* t+m Cm Wt imi IIS (0 AVJcfirengi A25c *87 -1.5 20 97 5 97 97 97.5 40 3.4 10.3 5.7 TOM Cathay Pac 20c HK720 265 2.1 7.4 6 *****2 Cheung
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  • KNOWLEDGE economy
    • 1263 20  -  Injecting fun and play into the work environment can result in successful decision-making, Anna Teo finds out Anna Teo Everyone knows that "slow and steady" won the turtle its race with the hare. But things have changed when they had another go in a re-match. According to
      PHOTOS BY CHRIS LOH  -  1,263 words
  • Page 20 Advertisements
    • 60 20 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. em tH
      60 words

  • S1000/SME500
    • 345 21  -  By Chuang Peck Ming NEVER mind dreams of expansion, just maintaining revenues has been tough in the past couple of years, going by the experience of Singapore's largest 1,000 companies. Of the top three sectors commerce-wholesale, manufacturing, and transport and communications, only the last showed revenue growth,
      345 words
    • 1245 21 Here are the industrial leaders in the Singapore 1000's top 3 industries THE performance of the Singapore 1000 companies mirrored the generally difficult business conditions in 2001, which affected all sectors across the board. The top three sectors in terms of turnover were commerce-wholesale, manufacturing, and
      1,245 words
    • 962 22  -  The bank has been quick to make inroads into high-margin consumer sen/ices, reports siow li sen SIOW LI SEN OLDER Singaporeans may remember that when OCBC Bank built its headquarters in Raffles Place in 1976, the 52-storey I M Pei-designed tower was Asia's tallest outside Japan. Many
      962 words
    • 774 24  -  Desmond Yeo, managing director of top-ranked SME Euromobile, tells seremamc how his company edged out its competitors SERENA NG IT'S a tough market for car sellers in Singapore, faced with falling car prices in the past few years that have chipped away at profit margins. But
      ARTHUR LEE  -  774 words
    • 865 24 A look at the chemical sector as a growth driver of Singapore Inc WHILE most attention has been focused on the volatile electronics sector, the fact is that the true performer last year in the manufacturing industry was chemicals. Look at this sector's performance: in the second quarter
      FILE PHOTO; Source: DP Information Network  -  865 words
    • 660 24 Who's making waves in the top 3 sectors REVENUES of Singapore's smaller companies, like that of their bigger counterparts, came largely from the commerce-wholesale sector, totalling $4.4 billion. This was followed by manufacturing with $1.8 billion, and services with $1.4 billion. The rankings are
      660 words
    • 1182 26  -  How well do you know your business partner? jamice womg has some tips on now to suss out a potential alliance JANICE WONG THROUGHOUT the *****, there was a spate of mergers and acquisitions, joint ventures and alliances sweeping across Asia. Some of these alliances have
      JENNIFER CHUA  -  1,182 words
    • 1063 27  -  Baxter Healthcare has driven costs down every year for the past 25 years without cutting back on staff, chuanc peck ming finds out now from local general manager Ong Eng Chye CHUANG PECK MING IT'S a tall order. Baxter Healthcare, the Singapore unit of US-based
      CHRIS LOH  -  1,063 words
    • 1139 28  -  In an on-demand world, the ability to intuit and respond quickly to customer needs is of vital importance, says michael loh MICHAEL LOH WE are entering a new era in business the on-demand era and companies that recognise this and seize the advantage can take the
      1,139 words
    • 1553 28  -  Charlie koh offers some insights into the link between the type of ownership structure and the company's performance CHARLIE KOH THE discussion on the relationship between corporate ownership and performance was initiated as far back as the 1930s but it is as much an issue today. Berle
      1,553 words

  • Page 22 Advertisements
    • 488 22 The world standard for compact desktop CUMM IN S high speed currency processing, and Tradition Product ,no a,io accurate counterfeit detection. J Call 6353 0078 now to IrwiwwCll I FREE trial use for Immediate Profits, Cost Savings and Value CuiTBHCy SCSMtOtS TE&I far more effective and efficient i Special Trade-In
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  • Page 23 Advertisements
    • 117 23 i It's easier to reach new heights when you're united. JylnMrlF -f' v 3&' IHl^^^KiHKfe J .,iirvl 'El A Congratulations to our partners for being recognised as one of the top 500 SMEs in Singapore. We're proud to have helped you grow. As a market leader in SME financing, your
      117 words


  • Page 25 Advertisements
    • 168 25 I f i I V99PiiPWVXIII9iV99IIIPPFP^^H BWlnulHl'BU ikmßlUHlhE^M v ■HHHHW r<\ v \s;r;;;i^i\ < v \\:ii v //~>A i > VI w^»)</v \/x i >' —i/ —p~\ y< X /x*-\ v- /A Jrv a \*4 vdfl GE Commercial Finance Creative Financing Solutions HAt GE Commercial Finance, Global Network we help our
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  • Page 26 Advertisements
    • 42 26 I 111 i^B^EjrfF i|^ 1 jUPP I J OT*- < rfr r Wk y^j HTianPO CAUSEWAY POINT CENTREPOINT CENTURY SQUARE COMPASS POINT HOLLAND VILLAGE NORTHPOINT ICS jewellery PEOPLE'S PARK COMPLEX WEST MALL ■OG PEOPLE'S PARK For enquiries (1800) 835 3355 Shop online www.lianpo.com
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  • Page 27 Advertisements
    • 148 27 m jSm Jr Simply a more direct route to SME financing DP MICRO LOAN s Assisting SMEs Grow At DP Information Network, we assist our SME clients in growing their business from day one. Introducing DP Micro Loan, a financing solution catered specifically to help SMEs in their financing needs.
      148 words


  • Page 29 Advertisements
    • 164 29 S SIIGHPOREIOi bs fr SINGAPORE SHE 500 2002 /03 > *S v mBBBBS^M I A Accord Express Hldgs Pie Ud (communications, transport storage) Asia Power Corp lid (electricity gas water) Bredero Price Singapore Pie lid services -gK CapHaland Commercial Lid (property) f Harvey Norman Singapore Pie Ud (commerce retail) L*v
      164 words

  • Page 30 Advertisements
    • 133 30 'i. l' J '-"-v. r 11 r.VS.'t** v^»-- >■ -.«>• u v'-f-.%••••; -M? '•4'-^S»VV'"-^aEa^HSsEL*} &MHW- Sf ssSiPl I «8,1 »r *s~} S»r "V 4-.-;?. V'' ,?T&iflfcf .> i. v 3fc Jjgi w Vfev. ■:'*> v&W ">• As&'kk.-w jflK« v.. *ii- imHi yi i <x "j jflHI •*1 '••"jMk' Aiif '*'-2-'i&--
      133 words

  • SHIPPING TIMES
    • 269 31 Knight-Ridder Reuters THE Baltic Dry Index fell 27 points to 1653, the Baltic Capesize Index fell 14 points to 2161, the Baltic Panamax Index fell 62 points to 1714 and the Baltic Handymax Index fell 19 points to 9765. TIME-CHARTER: Karteria (built 1985) *****3 dwt reported 22/01 fixed
      Knight-Ridder; Reuters  -  269 words
    • 271 31 MX '000 JmZT a VI CWT Distribution 0.68 unch 0 Chuan Hup 0.44 -0.01 t135 Cosco Investment 0.19 unch 293 Freiqht Links 0.03 unch 1 G6 holdings 0 59 unch 0 JayaHo>ainqs 0.25 -0.02 2108 Keppel Corp .3.78 -0.08 1842 K1 Venture 0.15 -0.01 110 Keppel Tele 0.88
      271 words
    • 700 31  -  BTIJiMIIUmJ Identification document will come complete with biometric security features By\ Donald Urquhart [SINGAPORE] A new international identification document complete with biometric security features for the world's 1.6 million seafarers could be in use as early as June 2004,
      FILE PHOTOS  -  700 words
    • 269 31  -  They are the first batch with snch degrees from Logistics Institute Asia Pacific By\ Beth Jinks [SINGAPORE] The Singa-pore-headquartered Logistics Institute Asia Pacific (TLI-AP) celebrated the graduation of its first batch of 27 masters students from a unique, industry-backed dual-university course on Thursday. Each
      269 words
    • 158 31 Reuters [TOKYO] Japan plans to tighten security regulations for ships leaving and entering the country, in response to heightening tensions over Iraq and North Korea, a Japanese business daily reported yesterday. Ships visiting Japanese seaports would be required to have electronic devices that signalled their
      Reuters  -  158 words
    • PORT Shots
      • 108 31 Reuters [BRUSSELS] Belgium put 120 troops on alert and ordered police to patrol beaches on Sunday as slicks of fuel oil from the sunken Tricolor drifted towards its coast along a 7 km front, officials said. They said workers in Belgium's port city of
        Reuters  -  108 words
      • 110 31 Reuters [DUBAI] Dubai announced a US$l.l4 billion expansion project on Sunday to boost the capacity of its major Jebel Ali port to meet increasing traffic. Sultan Ahmed bin Sulayem, executive chairman of the Ports, Customs and Free Zone Corporation, said the project involves building
        Reuters  -  110 words
      • 86 31 [SINGAPORE] The Faroe Islands off Denmark have become the third Associate Member of International Maritime Organisation (IMO). It joins Chinese territories Hong Kong and Macau in IMO associate status, along with its 162 member states. On Jan 1, the Danish Government transferred legislative and administrative powers
        86 words
    • MARITIME security
      • 1507 32  -  The shipping industry must counter the very real threat of terrorism, says Chen T2B Penn Chen Tze Penn AT last month's International Maritime Organisation diplomatic conference, many measures were adopted to enhance global mari time security. It is now the time to implement these measures. Compared
        1,507 words
    • 3 32
      3 words
    • 9989 36 THEBUSINESSTIMES ETA ETA Advertiser Vms* Voyage Telephone SIN Dcst'n Mane Name Number Number To COTONOU (COO) 2092 Benin 05/02 17/03 CMA COM ROTTERDAM EXPRESS 305-06 *5-*****100 06/02 04/03 Kwn Hung DURBAN BRIDGE 072W 65-*****133 10/02 24/03 ChKVi Shpg ASTA RICKMERS 0066W 65-*****(91 12/02 25/03 CMACGM CMA CGM NORMANDIE
      9,989 words
    • SHIPS IN PORT
      • 626 39 Vessel Voy Wo Berth Arrival Departure JURONG PORT BRITOIL 2 02 J17 A/SIDE 28/01 1800 MALTE B V53 J14 A/SIDE 28/01 0200 NICO 3 2701 J25 A/SIDE 28/01 0630 SHANNON EXP 02/03 J3 A/SIDE 28/01 1900 TOLTEN 004 J15/16 A/SIDE 28/01 2000 ASL75 A7511 J4 28/01 1200 28/01
        626 words
      • 2234 39 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACHIEVER 031 031 1 31/01/*****7 00 31/01/2003 1 3 00 K21 AC* HIBISCUS 075S 0/SS 1 28X11/2003 0 8 00 28/*****3 21 00 K09 ACX MAGNOLIA 0S9N 059N 1 28/*****3
        2,234 words
      • 150 39 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:
        150 words
      • 832 39 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 indi cated. The Cockett Bunker Price Index change
        832 words
      • 584 39 Carton <80 Mai 986.0 0.4 15.1 0.07 32 0 04 Jan 16 Density Water Residue AshAluminium Sediment above £25 0 0 I r-TT; 380 Ave 983.3 07 12.6 0.05 24 0.02 t," 380 Mai 994.4 0.9 16.3 0.09 76 0.06 M/iri m/m %m/m rim Np above
        584 words
    • AIR & LAND transport
      • 573 40 Move an effort to challenge no-frills carriers competing on its routes Bloomberg [PARIS] Air France slashed fares by as much as 50 per cent on some European routes, for example offering Paris-to-Geneva for as little a 61 euros (Ssll4), as
        Bloomberg; AFP  -  573 words
      • 145 40 [SINGAPORE] Movie buffs would be pleased to know that Warrior Aragorn and Elven Princess Arwen flew into Singapore yesterday on an Air New Zealand flight. But they left as quickly as they came, emblazoned as images on the fuselage of the Air New Zealand
        AFP  -  145 words
      • 295 40 Bloom berg [DUBLIN] Aer Lingus will pick Airbus SAS or Boeing Co to supply planes for all short-haul flights as the state-owned Irish airline seeks to cut costs. The airline will decide by April whether to restrict its European
        Bloom berg  -  295 words
      • 186 40 Bloomberg [TOKYO] Japan Airlines System (JAS) will increase passenger capacity on international routes in the business year ending March 31, 2004, helped by rising demand for travel to China. Asia's largest carrier will increase international passenger capacity by 1 per cent and domestic capacity by 2
        Bloomberg  -  186 words
      • 366 40 It wants to use Dubai's location as hub to win more long-haul traffic Bloomberg [DUBAI] Emirates is to start non-stop flights from its hub in Dubai to Sydney as the largest Arab airline seeks to capitalise on the Persian Gulfs location
        Bloomberg  -  366 words
      • 413 40 3% of total staff to be retrenched by Feb 22 Bloomberg [CHlCAGO] UAL Corps United Airlines will lay off 704 more flight attendants, about 3 per cent of its total, next month because the world's second-largest carrier reduced flights and
        Bloomberg  -  413 words
      • 2068 40 cm awn n* own no U2 9 224S M W741 I32S SC/WITi 103$ van 2245 so/vmn »40 **740 mm AmtirMm $023 063S 6*974 0130 MM 9S H SSL-Si *1837 I$3$ «U38 2330 ****** 132$ VW740 VOO L $024 234$ SO/VW73 IMS S0/VM74 144$ MUtmih PH50S 0220
        2,068 words
  • Page 31 Advertisements
    • 3 31 nr* fFI~ [flKf
      3 words
    • 435 31 PEOPLE GLOBAL supply chain services company, Menlo Worldwide announced today that Robert Coon has been promoted to vice-president of human resources. Mason Stubbiefieid replaces Mr Coon as director of human resources at Menlo Worldwide Logistics, one of the supply chain service providers operating under the Menlo WoridwideSM brand, in his
      435 words

  • Page 32 Advertisements
    • 489 32 NORTH AMERICA GULF/INDIA SUB-CONTINENT [SUPER SHUTTLE EXPRESS ISSX) |QULF KARACHI EXPRESS (QKX) "rasa WY ie> sm no ws» yot ma um [wo an 00(1 JAPAN MWO2 IS 01 05/02 OMT NAHM MAM 101 It/91 lf/«1 71/0! 30/01 OOCIWTHOUMDS 42W03 25/01 00/01 11/02 PIO NEOUOTD DUOAI 04( 22/01 2J/01 20/01 02/02
      489 words
    • 655 32 bnes services represented by M Tl be rs Ra 9 ts<r y MfcS£p||) Accredited Shipping Agenh, J/ Singapore Shipping Associrtion Members of the Singapore Logistics Association ULY UNE MALE fmsu VOY ETA ETA ETA ft KIAMG STOtE ttAli Empress Uly 0103 07/02 08/02 16/02 Princess Uly 0203 24/02 25/02 05/03
      655 words

  • Page 33 Advertisements
    • 1021 33 lin i m iZ. I„ TO USA (SAX SHtVKB VESSEL VOY Sl* ETA LAX OAK DAI HOU CHI COL MEM AH NYC API SWEDEN 004E 30/01 13/02 17/02 l»/02 10/02 11/02 11/02 U/02 21/02 21/02 API HOLLAND 114E OS/02 20/02 2</02 2S/02 2S/02 2S/02 2S/02 25/02 2S/02 20/02 An ENGLAND
      1,021 words
    • 1637 33 BwMimWMIM direct call to P-aliii-icoiomm 4 days gbhui team mumu oo ooowsomo #11-00saus/ngsm. *****457/43 ml 4?iisi?i/?4I SSflftSiS!'"" 6 11 KSSSU ssr.%" SSS SS®B I umiuut ■um t/sh»w Miosns tmsiu/u I jomrsoma (ouvwtkxuu mnsmi/im uusm/n I COCTMmmwSWIWD m.>MS3«it* HULOMHOITO rtiyvor ser wc yu ow i« ui uoi w hi m m/vor
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    • 643 33 «ssa wt aw s«6 jkt AMAMIHUM N?80 ?Vl ff/1 ty) N/H 0 tft UUIHUM WIS "Wj~ 21/1 CT/1 IGAWAMUM I MOT? 131/1 I S/2 t/2 OMIT OMIT ICM 1 UUIHUM 2T2S 1/? 1/7 5/? IHUMSAtHUM Imi 17/2 112/2 113/2 l»/2 7Z/7 I [ULAIHUM W3S IS/2 1 11/2 IV? MNS Monde
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  • Page 34 Advertisements
    • 783 34 HMAf-' HYUNDAI MERCHANT MARINE CO., LTD. HI.I Mi l: wiKwi— OHO. I2M7HQOOOH |vbse voir "3T sou ia |nw ant |hw| MV [wssa vot I sou um| rt» I amt Imul m" 3H MMNMM 011W 74/01 U/02 15/02 To/W Ti/M tntuil lid N/11 01/01 03/0111/01 HI FREEDOM 311W 27/01 10/01 12/02
      783 words
    • 1347 34 WAN HAI NVERNADONAL PTI LTD aMI 14******000/1 THsttHISM (14IMS) FAfctt24UU WXWAN HAI LINES ss£££KS££asss-. V ***.#7)Hl»»nHUL»7I»l«»J1 «Bm:|*Jl|D«47sHUt|H!)im7l4/J*l*s i.; BMW«kVI)S2MWNBM.n*»/714»l MLHUH 8 1Btl) <IS7W» IML |Kl| 4liWB/4I<WW M 6 MO MK m B KIWTHS TTO TBI IWS KO TD tetsra m ;iiit n*r "it*? ~n> iwb ftu rn? few mr Iwiiwiii
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    • 629 34 <§> SttSZFA I WEEKLY EXPRESS SAIUHG SCHEDULE ALSO ACCEPTING TO AU NORTHERN AND WESTERN ICQ POINTS VBSB VOT Ml PJUN6 CBMjMB H SWYA COtOKC~ ioumwka mwis »ia WJO O?FB isfb gg ■jjjjjjjjO WIS CM 15 FB 1118 Ufa ISFB hcwiah miogf oiwf urn i?fb it Fa iifb t?fb lISMSIB SOIW
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  • Page 39 Miscellaneous
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