The Business Times, 5 March 2003
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2003-03-05
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The Business Times
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Title Section15 2003-03-05 1 MfTA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE Internet; http://business-times.asial com.sg WEDNESDAY, MARCH 5, 2003.15 words
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602 2003-03-05 1 Kalpana Rashiwala - -it exclusive By] Kalpana Rashiwala [SINGAPORE] Singapore Land subsidiary Marina Centre Holdings (MCH) is finally embarking on a longawaited revamp of its 16-year-old Marina Square mall at a cost of about $100 million. Sources said work on the shopping centre is expected to602 words
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Article71 2003-03-05 1 STI 1,268.96 (-10.24) ST INDEX FUTURES 1,274.00 (-9.00) SIMSCI FUTURES 155.80 (-1.80) Tuesday Change KLSE COMP Closed NIKKEI 225 *480.22 -10.18 HANG SENG —5,181.89 -86.88 SET INDEX 364.55 -3.12 JAKARTA COMP .395.37 -3.85 MANILA COMP .1.025.99 +1.44 TAIPEI WPI 4.***** -27.00 SEOl'L COMP 576.58 -13.46 SHENZHEN B 206.70 Al'ST71 words
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Article69 2003-03-05 1 FOREX RATES US* S$ USS (SS per I'SS) 1.734 £(l'SS/SS per 1.585 1748 El*RO(USS/SS/E). 1.093 1895 YEN 1175 67.80 RM 3.800 2.192 HKS 7.799 4.498 BAHT 42.61 24.58 RITIAH 8370 5,116 RENMINBI 8199 4.786 INDIAN Rl'PEE 47.65 27.48 PRIME RATES SINGAPORE* 5.25 Kl'ALA LUMPUR 6.40 HONGKONG 5.000 JAKARTA 39.0069 words
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714 2003-03-05 1 Catherine Ong - Businessman fail* in bid to make bank prove his signature was not forged Byi Catherine Ong [SINGAPORE] Bank customers trying to get out of personal loan guarantees in the current recession will have one avenue closed to them under a High Court714 words
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Article, Illustration478 2003-03-05 1 Malcolm Gl&zer, John de Mol buy M&nU stakes; Soros goes for LA Dodgers Reuters [LONDON] Manchester United became the centre of bid speculation again on Monday after revelations that two billionaire businessmen have bought slices of the premier league football club's share capital. Malcolm Glazer,Reuters; AFP, REUTERS - 478 words
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668 2003-03-05 1 Hariah Mehta - l-lri exclusive From, Hariah Mehta in Hanoi SINGAPORE companies doing business in Vietnam say the operating environment has improved, and many have started making profit since last year on the back of rising inbound tourism and a robust Vietnamese economy. "Tourism668 words
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Advertisement278 2003-03-05 1 Log on to BT Online and check out our archived columns. This value-added service is free to BT newspaper subscribers. For others, It wiß be a premium subscription service from 4am to 2pm from Monday, March 10. Call 6388-3838 for details or go to .conug MM 'Occasionally, HI successful investing278 words
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Advertisement10 2003-03-05 1 Get investments from big countries, PM urges Hanoi, Pg 810 words
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NEXT page
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Article, Illustration534 2003-03-05 2 Audrey Tan - I 3on the economy manufacturing Purchasing Managers' Index at a mere 50.4 points in February Byi Audrey Tan [SINGAPORE] The manufacturing sector may have driven Singapore's economic growth last year, but it now looks in danger of contracting in the months ahead. The latestSource: S - 534 words
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Article, Illustration143 2003-03-05 2 Some major mall revamps Owner: United Overseas Owner Marina Centre Owner: Asia Pacific Land HkJgs Investment Co (Apic)* When: 2001 2002 When: 2003 to 2005 When: 2002 Est cost: $30m Est cost: $100m Est cost: $33m Key changes: Retail Key changes: Under- Key changes: Additional143 words
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ON THE grapevine
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Article243 2003-03-05 2 HSBC Holdings chairman John Bond once aspired to be the head of the bank's Singapore branch, he told new chief executive Paul Lawrence in a letter congratulating him on his appointment. Mr Bond was head of the Tanglin branch in the late 1960s but243 words
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100 2003-03-05 2 IT was reported yesterday that scientists here have lost track of two turtles that they had fitted with satellite tracking devices to monitor whether they would return to their birthplace in Japan after five years in Singapore. Why scientists are interested in these "quitters'100 words
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Article77 2003-03-05 2 AMERICA may fear deflation, but at least the price of one service there has been rising funeral costs have gone up 4.3 per cent, according to the Bureau of Labour Statistics. The reason? Well, as one economist said, China is the main culprit for dragging down prices,77 words
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Article, Illustration639 2003-03-05 2 Catherine Ong - Bat S'pore CEO does not expect bad loans problems Byi Catherine Ong [SINGAPORE) After chalking up double-digit growth in operating profits and its loans book in Singapore in 2002, HSBC sees a difficult year ahead with credit demand remaining muted, the bank's new639 words
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Article, Illustration411 2003-03-05 2 'Great Bobble' valuations yet to end, he says Bloomberg [NEW YORK] Warren Buffett, who has become the world's second richest man buying stakes in companies such as Coca-Cola Co on the cheap, is standing firm on his view that stocks are overvalued.Bloomberg - 411 words
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Article74 2003-03-05 2 IN Friday's report "LTA cans $40m hi-tech bus info project", we said that the radio communication system of the transit.smart project was found to be unsuitable. The Land Transport Authority has clarified that the system has not been found to be unsuitable. As the system can be reconfigured to74 words
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Advertisement51 2003-03-05 3 Innovation, Performance, Team spirit... While we W^ HAVE ALWAYS SHARED THE SIMPLY LIKE TO SAY TO TEAM V j4P VE9F AUDEMARSPIGUET fpf t/;. thji jUM '<ft J',' yr J£, _i Le maitre de I'horlogerie depuis 1875 WtM HHA HHV Regional Showroom Service AUDEMARS (SINGAPORE) LIMITED. Orchard Road #03-10/11 Wheelock Place51 words
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SINGAPORE companies
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479 2003-03-05 4 Michelle Quah - Offer of 115 pence a share is 4.2% below Monday's closing price By Michelle Quah SINGAPORE investment firm BIL International has offered to buy up the rest of British hotelier Thistle Hotels pic, which it does not already own, and479 words
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Article, Illustration484 2003-03-05 4 Serena Ng - By Serena Ng HOW did Autron Corp, a relatively low-profile electronics equipment distributor, catch the eye of Temasek Holdings? Autron's group executive chairman Tan Cheng Leong yesterday shed some light on this question, which has been on the minds of many investors over theSource: Reuters - 484 words
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527 2003-03-05 4 Serena Ng - By I Serena Ng PHILLIP Securities, which is lead managing its first initial public offering that of homegrown Asiatic Group Holdings is the latest non-bank backed group to break into the business of managing IPOs in Singapore. "We hope to527 words
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Article, Illustration400 2003-03-05 4 Ven Sreenivasan - He joins 2 other ex-Citib&nkers who crossed to DBS By Ven Sreenivasan IN what appears to be a coup, DBS Group has snatched Citibank's veteran consumer banker Eddie Khoo. DBS confirmed yesterday that Mr Khoo will join this month but it would not sayFILE PHOTO - 400 words
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218 2003-03-05 4 SHAREHOLDERS of main board-listed Flextech Holdings have approved the company's plan to raise $10 million by issuing new shares. Of this, $1 million will be raised from management and staff, who will take up some of the new shares. Flextech said yesterday that it218 words
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655 2003-03-05 4 r sivanithy - TOT3T? locksiew r sivanithy ABT reader recently asked a very pertinent question: Should program trading in the local stock market be subject to regulation? The question arose because the recent volatility in the Straits Times Index was traced to program trading of655 words
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165 2003-03-05 4 SINGAPORE Exchange mainboard-listed Mentor Media Limited, a turnkey supply-chain management company, yesterday officially launched its Global Direct Shipment (GDS) Hub in Shenzhen, China. At the hub. Mentor Media will customise electronic products for end-users. Together with its logistics partners. Mentor Media will directly ship165 words
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CORPORATE earnings
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357 2003-03-05 5 Wong Wei Kong - 63% of firms it tracks post profits meeting forecasts, 23% exceed them By Wong Wei Kong SO far, not too bad, says Salomon Smith Barney (SSB) of the present crop of Singapore corporate earnings. Some 63 per cent of the companies it tracks357 words
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Article79 2003-03-05 5 When results are due Hotel Properties •arty-March Eastern Asia Tech March 5 Haw Par Corp March 5 Haw Par Healthcare March S ASJ Holdings March 6 Hyflux March 6 SingLand March 7 UIC March 7 AP Oil Int'l Ltd March 7 Teckwah Industrial March 19 Trek 2000 March79 words
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Article, Illustration467 2003-03-05 5 David Boey - Following a restructuring, mainland is now its biggest market By David Boey FULL-YEAR sales have more than doubled for IT product distributor ECS Holdings, helping the revenue to blaze past the $1 billion mark for the first time. Contributing to more than halfARTHUR LEE - 467 words
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255 2003-03-05 5 Amit Roy Choudhury - By. Amit Roy Choudhury CYBER Village Holdings Ltd, an ebusiness consulting company, has sunk into the red, with a net loss of $3.7 million for the financial year ended Dec 31, 2002, against a net profit of $15,000 the previous year. The255 words
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Article, Illustration287 2003-03-05 7 Elgin Toh - Rise in stndent enrolment, Gn&ngzhou college help boost earnings By Elgin Toh SESDAQ-LISTED arts and design school Raffles LaSalle has posted a 35.7 per cent jump in first-half net profits to $2.1 million. The higher earnings for the six months ended Dec 31,FILE PHOTO - 287 words
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260 2003-03-05 7 Tang Weng Fai - By Tang Weng Fai ELECTRICITY generator maker Vibropower suffered an 85 per cent slide in net profit to $213,000 last year from $1.39 million in 2001 as turnover dipped 9 per cent to $22.3 million. Net margins for FY2002 ended December fell to260 words
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303 2003-03-05 7 Vince Chong - By Vince Chong THE sale of Meritus Negara hotel if it materialises this year will be a welcome relief for Hotel Negara, which yesterday posted a more than doubling of its full-year net operating loss. "The board is still reviewing the options available relating303 words
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297 2003-03-05 7 Michelle Quah - By\ Michelle Quah LOCALLY-LISTED IT company Digiland International sank into the red in the halfyear to Dec 31,2002, slugged by difficult conditions in the industry. Digiland posted a net loss of US$2.7 million, slumping from a net profit of297 words
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Advertisement69 2003-03-05 5 Calling all companies 1* \\Xi ha\o d<.VK>t\i oil tile d.iU* to icloast 4 voui ■nuivu! 't'siilts. iisvv us a i .ill .it 6319-5318 or tvu.ii! as at btnews^sph.com.sg SWETTENHAM This is the one unbeatable sale worth waiting for. Approx. 15,000 sq. ft Built-in with 5+3 bedrooms Set on pood location69 words
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Advertisement109 2003-03-05 5 HHH cjidMwtiM»a»tta w IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. 47 OF 2002 K IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF GYG ENGINEERING CONTRACTORS PTE LTD (REG NO. *****3911H) ADVERTISEMENT OF APPOINTMENT OF LIQUIDATOR In the matter109 words
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Advertisement80 2003-03-05 5 m*' m v 16k A/ ;v vJSI EH II I rim www.ubs.com/asia Call Singapore: si® ÜBS Wilfried Kofmehl at +65 6431 8883 Private Banking Switzerland Basel Bern Geneve Lausanne Lugano Lu2ern St. GaMen Zurich Europe Barcelona Berlin Bielefeld Bologna Bordeaux Brescia BrusseVßruxetles Dussetdorf Firen» Frankfurt/Matn Hamburg iersey London Luxembourg Lyon80 words
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SINGAPORE markets
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Article, Illustration299 2003-03-05 6 OTHER SINGAPORE INDICES Mar 4 VALUE CLOSE BTOUOS -88.00 -24.00 BTCADI -*****.00 54.00 BT 10-4ay MA 9.00 Aft-SGEqaftm 340.90 -2.18 SG Equities Elect 113.90 -2.96 SG Equities Fte 1063.75 13.13 SGEqeibetProp 309.14 -1.13 msasktgapon 155.32 _-1.44 SiMSCI Futures 155.80 -1.80 1Mb Vafc— DBSGrp__4 46,216,000 RcedGrp5c, 41.795.000 IAM1C 13.631.000 Cit«f8ya2.5c.._ 10,fiS299 words
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Article, Illustration828 2003-03-05 6 larry wee - Mlonger view CURRENCIES While the euro appears to make a comeback, the Aussie is the new darling larry wee THE US dollar faces yet more minefields ahead, despite plunging to fresh multi-year lows of 1.3335 Swiss francs and 61.59 US cents per Australian dollar828 words
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Article, Illustration793 2003-03-05 6 r. sivanithy - I-J I comment STOCKS Banks come under heavy selling despite many 'boy' calls r. sivanithy FOUR main features distinguished yesterday's session from those that preceded it this year. The first was a technical one whether the Straits Times Index would finish at a year-low, and793 words
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Article40 2003-03-05 6 UNIT TRUSTS FUNDS LWeOl print «rewdKMi»«—«pl faWngglt I fun—il; t Lownrllidfc *tw»o Madhon Rnk. ft Madkjm to tafc. Mghar tafc. opan-andad. Mort mMwWoh tt unrtv #/l Aftar aabdnxmn o< units, V attar jtocfc H*t H>- Hon Daatng Day: floor NsSHiIS40 words
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Advertisement47 2003-03-05 7 breaking news, MARKET UPDATES AND SPECIAL REPORTS Stay on top of the news at BT Online a a a a a Go to: http://business-timcs.asia 1 .com.sg Free for BT newspaper subscribers. For others, a premium subscription service. Tel 6388-3838 for details Launching next Monday 10 March 2003.47 words
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Advertisement160 2003-03-05 7 0 E A S FINANCE NVES T MENT www.ideas.singtel.com Silll»Tel Isn't timing everything? i ~i n n Get Stock and Unit Trust updates now. Key or use WAP (IDEAS@WORK FINANCE INVESTMENT). Enable your mobile phone with IDEAS now, key CGBDBBB IDEAS) r77te j /(oa/t/2QOS It is more than an award...160 words
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SINGAPORE news
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Article, Illustration444 2003-03-05 8 Hariah Mehta - S'pore would gladly drop to position of second biggest investor: PM Goh From Hariah Mehta in Hanoi IF Singapore remains the biggest foreign investor in Vietnam, it shows that the country is not doing enough to attract investments from other major investingJOYCE FANG/ST - 444 words
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495 2003-03-05 8 Yang Raxali Kassim - Republic will be springboard nnder new trade policy Yang Raxali Kassim THERE is a new push in American trade policy. It aims to bring the thousands of American small and me-dium-sized enterprises out to Asia, using Singapore as a springboard. Dubbed "Asia Now", the495 words
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429 2003-03-05 8 Amit Roy Choadhury - MDA prepared to sponsor initiatives nnder its $5m fond By Amit Roy Choadhury THE Media Development Authority yesterday urged Internet service providers (ISPs) to place greater emphasis on developing and promoting Family Access Networks (FAN) services to help parents manage children's use of429 words
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277 2003-03-05 8 Angela Tan - By Angela Tan AUSTRALIANS have overtaken Japanese as the biggest regional spenders using Visa cards in Singapore last year, splurging $262 mUlion against $214 mdlion by Japanese, according to Visa International. Spending by Australians rose 30 per cent over what they spent in 2001.277 words
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Article, Illustration1049 2003-03-05 8 Transaction dale: Mar 4 PITERBAME CROSS RATES AS CS «■> tare HKS Wt» Ti HI Ighth Mo S$ tend Sir WTS Hmt USS Australia 0.915 5.109 0.563 4J0I 29.337 54.605 0.723 7545 2.339 1095 35.711 ***** 1067 1896 0.822 21.351 26.233 0588 05K Canada 1.092 5.582 0.615 5245 32.0501,049 words
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Advertisement141 2003-03-05 8 ■nSfII9MH. toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF DOLLAR-UP INVESTMENT HOLDINGS PTE LTD (In Members' Voluntary Liquidation) MOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting141 words
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Advertisement15 2003-03-05 8 nrr©tTi Lianhe Zaobao I is now the owner of I I I 41 I a'rrl'yrrt'li^^*15 words
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REGIONAL news
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Article, Illustration275 2003-03-05 9 KUALA LUMPUR Govt to offer option to those who meet criteria to buy 5% of company Bloomberg MALAYSIA'S government, which owns stakes in companies including Tenaga Nasional Bhd and Malaysian Airline System Bhd, plans to reward managers who boost the value ofBloomberg; NSTP - 275 words
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241 2003-03-05 9 Reuters [MANILA] The Philippines has made progress towards escaping damaging sanctions over money laundering laws but has further work to do to meet a March 15 deadline, experts from a global financial watchdog said yesterday. After meeting legislators on Monday, the representativesReuters - 241 words
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344 2003-03-05 9 MANILA AP, Bloomberg A POWERFUL bomb hidden in a backpack exploded yesterday at an airport in the southern Philippines, killing at least 20 people and wounding more than 150, authorities said. The government called it a "brazen act of terrorism'". With manyAP,; Bloomberg - 344 words
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257 2003-03-05 9 Bloomberg [JAKARTA] PT Lippo Bank, Indonesia's fifth largest bank by assets, will have its management replaced soon, a minister said yesterday. "I have ordered" the Indonesian Bank Restructuring Agency to change the lender's management. State Enterprises Minister Laksamana Sukardi told reporters. "It'sBloomberg - 257 words
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NOTEBook
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Article83 2003-03-05 9 Reuters [JAKARTA] The number of foreign tourists visiting Indonesia's Bali island, hit by deadly bomb blasts last October, fell 2.95 per cent in January from the previous month, the statistics bureau said yesterday. A total of66,o4sforeign tourists visited Bali in January compared with 68,051 the previousReuters - 83 words
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79 2003-03-05 9 AP [BANGKOK] Thailand's stock exchange suspended 11 companies from trading, effective yesterday, after auditors questioned the companies' published financial results. Trading was suspended to give investors time to scrutinise disclaimers issued by the auditors and for the companies to provide clarifications, the exchange said.AP - 79 words
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Article63 2003-03-05 9 AFP [KUALA LUMPUR] Deputy Prime Minister Abdullah Ahmad Badawi, who takes over Malaysia's leadership in October, is to begin a two-month stint as acting prime minister tomorrow. Prime Minister Mahathir Mohamad, 77, is going on extended leave after attending an emergency session of the OrganisationAFP - 63 words
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55 2003-03-05 9 Reuters [JAKARTA] A helicopter crashed into the swimming pool of a Jakarta hotel yesterday and local media said all three people on board were killed. Antara news agency said the helicopter was trying to land on the 20-storey Sahid Jaya Hotel's rooftop helipad before bumpingReuters - 55 words
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78 2003-03-05 9 Reuters [SINGAPORE] Plans by Infosys Technologies, India's No 2 software service exporter, to enter the China market have become stuck in bureaucratic red tape, its chairman N R Narayana Murthy said yesterday. More than a year after Chinese Premier Zhu Rongji travelled toReuters - 78 words
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Article85 2003-03-05 9 Bloomberg [JAKARTA] Indonesia's exports rose in January at their fastest pace in more than two years as the country earned higher prices for its oil products. Exports rose 20 per cent from a year earlier to US$4.9 billion, beating analysts' expectations of a 15 perBloomberg - 85 words
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86 2003-03-05 9 Bloomberg [MANILA] Bank of the Philippine Islands, the nation's second largest lender, plans to buy a stake in an Indonesian lender, central bank deputy governor Alberto Reyes said. The Monetary Board, a policy-making body of the central bank, approved the bank's planned overseasBloomberg - 86 words
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Article505 2003-03-05 9 Donald Urquhart - Johor chief minister says it will occupy 15,000 sqm warehouse initially By] Donald Urquhart [SINGAPORE] The widely anticipated shift of BMW Asia's parts distribution centre from Singapore to Malaysia has been given even greater credence by Malaysian officialdom with news that BMW would505 words
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820 2003-03-05 11 BEIJING Govt to assume more of a referee role engaged in supervision, macro-adjustments Reuters CHINA'S parliament is poised to approve an overhaul of top economic bodies, in the hope of spurring reform of rickety banks and state-owned firms by transforming meddlesome ministries into stand-backReuters - 820 words
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ASIANotes
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Article59 2003-03-05 11 Bloomberg [TAIPEI] Taiwan's sale of a one per cent stake in Chunghwa Telecom Co fizzled for a second day as the government refused to offer a discount to the market price. It sold 18,000 of about 99 million remaining shares. The government, trying to sellBloomberg - 59 words
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34 2003-03-05 11 AFP [TAIPEI] Trade between China and Taiwan rose 36 per cent to a record US$4l billion last year with the island posting a surplus of US$25.l billion. —AFPAFP - 34 words
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Article31 2003-03-05 11 AFP [HONG KONG] Hong Kong's English-language newspaper, the South China Morning Post, was relaunched yesterday with a renewed focus on China's current affairs and business news. AF.AFP - 31 words
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50 2003-03-05 11 AFP [SHANGHAI] Shanghai is set to begin developing China's first civilian turbo jet in June, state press reported yesterday. The Shanghai Aviation Industrial (Group) Corp (SAIGC) will restart its suspended aircraft assembly lines to mass produce the ARJ2I, a 79- to 99-seat aircraft. —AFPAFP - 50 words
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42 2003-03-05 11 Reuters [NEW DELHI] India's largest fixed-line phone firm, Bharat Sanchar Nigam Ltd (BSNL), said on Monday it would slash domestic long-distance tariffs on fixed-to-fixed line calls by 47 per cent in a bid to protect market share.—ReutersReuters - 42 words
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39 2003-03-05 11 Reuters [HONG KONG] Media publisher Sing Pao Media Group said it expected to make up to a dozen acquisitions in the coming year as a step to enter China's publishing distribution sector.—ReutersReuters - 39 words
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Article, Illustration464 2003-03-05 11 HONGKONG Profit tax seen going up to 18%, salaries tax to 16% Bloomberg HONG KONG is likely to face higher taxes on profits and salaries, the first increases in almost two decades, as the government uses today's Budget to tryBloomberg; REUTERS - 464 words
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Article794 2003-03-05 9 Transaction date: Mar 4 >wi— t aw an w m am» o—ta C*C 0.48 3480 +0.060 NatSteal 50c 0.53 2.100 CapitaLand 1.16 1490 +0.010 OC*C 8.94 (.700 -0150 Chart SatnKOnd 2fc 066 0 715 -0420 OOt 0.58 5.950 OtyDavSOc 1*3 3.730 -0440 Parkway H 25c 0J9 0.735 -0005 CMa794 words
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Article519 2003-03-05 9 BONDS WARRANTS Last M Com bar Ow Gear C—p—y Ml «ar- f—| —to Mm lt% UH AST1W*****1 175 1 16 191 066 15 AonaLtdWO«1116 2 1 SO 767 300 X Amtek W*****0 Si und> 26 1 33 3 153 27 Anrstrong VMM0520 0 5 1 10 75 1200 14 Bar519 words
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Advertisement328 2003-03-05 9 aspects of Business Law is required Subjects English, Law of Contract Agcocy, Singapore include Accounting Finance, Law of Business Law, Commercial Transactions, Real Business. Financial Management. Estate Law, Employment Law, Company Secretarial Procedures, Conveyancing Procedures. 2-year graduate entry available UNIVERSITY OF LONDON Singapore Business Law A challenging 3-year direct honours328 words
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EDITORIAL & opinion
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Article, Illustration783 2003-03-05 10 matthew lynn - OPINION STTT^ bottom line matthew lynn THERE are few universal truths in the markets. Don't go to work for Goldman Sachs Group Inc if you want to get out of the office early is one. Don't sank your pension fund into emerging783 words
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Article93 2003-03-05 10 'It's better to have a well regulated and appropriately taxed legal industry than an illegal one, and it's better that domestic gamblers should stay at home to lose their money rather than going abroad -Peter Catting a professor and director of the Centre for the Study of93 words
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Article621 2003-03-05 10 EDITORIAL WITH state and general elections looming, it would have been easy for India's Finance Minister Jaswant Singh to have sacrificed critical economic reform for political expediency when presenting his maiden Budget last Friday. While there were clearly populist elements in the FY 2003/2004 Budget plan, the621 words
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Article, Illustration1140 2003-03-05 10 Loh Hui Yin - A man of his word, Chinese Premier Zhn Rongji is retiring after having delivered on the promise he made 5 years ago By Loh Hui Yin OFTEN overlooked in the tributes to Zhu Rongji is the fact that he is retiring at the timeREUTERS - 1,140 words
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Article289 2003-03-05 10 Jeanna Das - MAILHTTPI Jeanna Das Corporate Communications Department for Chief Executive Officer, Building and Construction Authority I REFER to Yuen Ka Wei's letter "Don't introduce unnecessary business costs" (Mailbag, Feb 26). Mr Yuen commented that if there are benefits of higher productivity, contractors will naturally embrace the289 words
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170 2003-03-05 10 Derek Chang Meng Wee Singapore - Derek Chang Meng Wee Singapore I REFER to the report "Legal action against loan defaults hits 30,000 cases" by Siow Li Sen (BT, Feb 24). With retrenchment and no hope of re-employment, bankruptcy is the stark reality for many. And once you are170 words
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Advertisement94 2003-03-05 10 Fax your tetters to 6319-*****r email them to btletterQsph.com.sg or write to: The Business Times, SPH HQ, 1000 ToaPayoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number tor verification. Please use temperate language, and bear In mind Übel laws. Wereeervetherightto edit and amend94 words
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Article1507 2003-03-05 11 BICOM FUTURES Mar 4 lUSBCt Fatovs (Ctakq priccs) RSSKScentVkQ) Ctel# Votan* Open Hhrtft Mgh Low Sett (tonmi) Merest »03 ***** 03 17*25 Jun 03 ***** JuJ/Sep 03 178.75 tSS3(USce«ts/k*) VofeMM Open a i* i.i....« MOfVul HUB L9V Mil (vOUMS/ wttiff* Apr 03 102.00 iOLSO 102.00 650 2300 Itoy 031,507 words
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WORLD news
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Article509 2003-03-05 12 NEW YORK Uncertainties choke demand and energy costs crimp margins for businesses Reuters, Bloomberg THE outlook for global industry is subdued at best with manufacturing surveys from the US, Europe and Japan showing either the barest sliver of growth or outright contraction. In a range ofReuters,; Bloomberg - 509 words
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Article, Illustration438 2003-03-05 12 Ravi Kanth - Prom Ravi Kanth in Geneva A WAR in Iraq could dampen the prospects of carmakers who are struggling to emerge from the throes of a reces-sion-hit global economy, automobile industry leaders said ahead of the prestigious 73rd International Motor Show, which opens here tomorrow. Car companies438 words
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392 2003-03-05 12 NEW YORK Reuters, Bloomberg CHICAGO'S Pritzker family will announce a reorganisation of its Hyatt hotel chain and is aiming for a major expansion through acquisitions, the Wall Street Journal reported yesterday. The reorganisation was spurred, largely by an agreement finalised last year among 11Reuters,; Bloomberg - 392 words
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WORLDWatch
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96 2003-03-05 12 Bloomberg [NEW YORK] The US economy will grow 2.5 per cent this year, less than the 3 per cent previously forecast. The European Union will also grow less than forecast at the beginning of this year, expanding 1.6 per cent instead of 2Bloomberg - 96 words
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Article79 2003-03-05 12 Reuters [LONDON] Oil prices climbed yesterday as the US government continued to push for a possible war against Iraq and dealers speculated Turkey would ultimately agree to allow an attack to be launched from its territory. US light crude rose 62 US cents to U5536.50Reuters - 79 words
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76 2003-03-05 12 Bloomberg [DUSSELDORF, Germany] Billionaire investor George Soros agreed to buy a rubber-chemicals business from Germany's Bayer AG and Degussa AG for about 235 million euros (***** million). Soros Private Equity Partners plans other acquisitions to increase the Polymer Latex GmbH business that makes latexBloomberg - 76 words
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87 2003-03-05 12 NYT [NEW YORK] ImClone Systems Inc founder and Martha Stewart pal Sam Waksal pleaded guilty to federal charges on Monday, admitting he evaded paying US$l2 million in New York sales tax on nine fine art paintings. Mr Waksal, appearing in federal court in Manhattan, facedNYT - 87 words
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Article70 2003-03-05 12 Bloomberg [MILPITAS, California] Palm Inc, the world's largest maker of handheld computers, said third-quarter sales fell as low as US$2O5 million because of slumping demand for its most expensive devices. Palm shares dropped 11 per cent Sales in the period ended Friday were no moreBloomberg - 70 words
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64 2003-03-05 12 Bloomberg [WASHINGTON] The new US accounting oversight board hired George Diacont, chief accountant for listing investigations at Nasdaq, as head of its inspection office. Mr Diacont, who also spent 24 years at file Securities and Exchange Commission including a stint as chief enforcement accountant, willBloomberg - 64 words
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Article73 2003-03-05 12 Bloomberg [SCHAUMBURG, Illinois] Motorola Inc, the world's second-largest maker of mobile phones, sold 25 million, or about 23 per cent, of the shares it owns in wireless phone company Nextel Communications Inc. The sale to an investment bank brought in more than US$325 million, MotorolaBloomberg - 73 words
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515 2003-03-05 13 SEOUL Watchdog to look into intra-gronp transactions over next three months Reuters, Bloomberg SOUTH Korea will investigate the business practices of Samsung and five other big groups, extending a crackdown on the country's family-run conglomerates. "We judge cross-share-holding and dubious intragroup transactions are still goingReuters,; Bloomberg - 515 words
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465 2003-03-05 13 NEW YORK He allegedly sold shares ahead of announcement LAT-WP, Bloomberg CAPITAL One Financial Corp, a major credit card issuer in the US, said its chief financial officer resigned after the Securities and Exchange Commission (SEC) staff told him he faced insid-er-trading charges.LAT-WP,; Bloomberg - 465 words
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Article, Illustration359 2003-03-05 13 AMSTERDAM Authorities looking into accounting irregularities Reuters GLOBAL supermarkets group Ahold said yesterday that the US Justice Department has issued subpoenas for internal company documents as part of its probe into accounting irregularities at the retailer. "I can confirm that the Justice Department hasReuters; AFP - 359 words
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Page 12 Advertisements
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Advertisement231 2003-03-05 12 Savour the taste of Singapore's best North Indian Cuisine... j^jgl Diners Club Cardmembers enjoy: 20% discount* on total bill for lunch 10% discount* on total bill for dinner at all Maharajah outlets AND an additional complimentary coffee/tea for every diner at Maharajah Holland only. 'Discount valut lill 15 April 03.231 words
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Advertisement65 2003-03-05 12 IHSh Jh^Rmb U9«n |b Culfijiiftji't.M %nd» vftaii our btfflWt spi®od of ovtf 80 #ndtoM Mcfc# yew W) 4414 11)2raiEmmsi JgU S Caiman M. sroapow 1 NUB NMtfo lomer Cctmm* iHltt tamrd-Wlmtiag ttIKKAM 'A ifortfi West Trentier "Restaurant Experience authentic Tandoor-styled North West frontier specialties in the rustic opulence of Bukhara.65 words
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Advertisement193 2003-03-05 12 With FREE Choice at One CorteeTea/Soft Dnnks of Chin Chow HAINANESE CHICKEN RICE NASI GORENG ISTIMEWA CHICKEN CURRY CANTONESE BEEF HOR WESTERN SET LUNCIT^W ®$9.Bo+++, mw^ Daflnl $4.00 nett radh Ju(#sls.oo nett rack 1 UUI For enquiries. call us at 6430 4119 218 Queen Street. Singapore *****7 Tel: 6332 2222193 words
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Advertisement160 2003-03-05 12 J 4 600 Pi*iggoM 7th A»«nue, S*igapc*e *****4 tST f«-——. W: 6386 8733.6386 8766 Fapc 6387 5971 Emai ponggolchoonsengOyahoo asm sg ***** off your total bill! I Valid only with a minimum $100 spend or dla Carte I menu PWom present coupon upon ordering Valid lil 30#i Apr! 2003 Coupon160 words
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Advertisement92 2003-03-05 12 MERITUS MANDARIN SINGAPORE fl MULT I AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Reservations: 6831 6291 CoffNhMM RN i«t iutt MERITUS MANDARIN 333 Orchard Road. Singapore *****7 Tel: +65 6737 4411. Fax: >65 6732 2361. Can't Decide on a Restaurant? No Problem, Cross Order92 words
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Article11 2003-03-05 13 Transaction date: Mar 4 for more, go to umm\asiaonenmarketsjcorn11 words
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Page 13 Miscellaneous
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Miscellaneous199 2003-03-05 13 mtVFTIC CROSSWORD not right (4) ly i 30 Identical, nevertheless 9 Airman and Royal Marine YESTERDAY'S SOLUTION 3 3 4 > oddly linked together (3-2-3) Across: 1 Freight, 5 Satchel, 9 DOWN 14 Th e pervading mood all Realism, 10 Amongst, 11 Titus, 1 Lisping girt is not to be199 words
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Page 14 Advertisements
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Advertisement134 2003-03-05 14 Streats mmk LJ L J Streats advertisers better value Wk for their money. Low cost per thousand H (CPM) and superior readership profile. H H H It's rewarding to look beyond today and H H H build your sales with Streats. v I I •^^l: '^J{ ""*<* 7\j j_ vdß^-V'^yi134 words
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BT motoring
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BUMPER to BUMPER
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Article103 2003-03-05 15 DID you know your cashcard has an expiry date? According to an informal poll by the Land Transport Authority, only 13 per cent of people surveyed said they did. And how will you know your card has expired or is near expiry? You can check103 words
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Article, Illustration83 2003-03-05 15 YAMAHA Motor will set up a $3 million parts centre in Singapore next month. The venture will cut lead time in supplying Yamaha components to markets in Asia and the Middle East by 80 per cent, said the company. It is also expected to83 words
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Article76 2003-03-05 15 CAMERA and optical equipment maker Olympus has signed a three-year sponsorship agreement with the Scuderia Ferrari Marlboro Formula One Racing Team. Under the contract, which begins this year and runs to 2005, Olympus will be one of six officisd sponsors of the Ferrari team. The Olympus76 words
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100 2003-03-05 15 WASHINGTON is conducting a criminal investigation related to Bridgestone tyres that are linked to deaths and injuries involving Ford Explorers, according to Bloomberg. Miriam Miquelon, a US attorney in Illinois, has subpoenaed documents from lawyers suing Bridgestone, the world's second-largest tyre maker, and Ford Motor on100 words
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Article, Illustration113 2003-03-05 15 FORD Motor and PSA Peugeot Citroen plan to spend about one billion euros (Ssl.9 billion) to produce engines jointly to meet rising demand for diesel-powered cars in Europe. Ford and Peugeot expect to build 1.6 million diesel engines a year for medium and largeFILE PHOTO - 113 words
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Article72 2003-03-05 15 FORD is recalling almost half a million Ford Escorts and Mercury Tracers made in 1997 because of problems with the driver's airbag. The move follows reports to the National Highway Traffic Safety Administration of accidental airbag deployment, melted wiring and electrical fires related to malfunctioning airbag72 words
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55 2003-03-05 15 FUJI Heavy Industries' Subaru automotive unit is recalling some 2003 model-year Forester sport-utility vehicles sold in the US to repair a faulty seatbelt latch. The recall affects about 500 Foresters. The flaw could cause belts installed in the front and rear to unlatch in55 words
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84 2003-03-05 15 UNITED Technologies Corp says it will work more closely with Nissan Motor on fuel-cell development, boosting its research into less expensive cells. Nissan will give United Technologies' UTC Fuel Cells unit the right to use its own research to sell to other carmakers.84 words
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Article55 2003-03-05 15 Christopher Tan - Compiled by Christopher Tan TOYOTA Motor expects to decide whether to base its new research centre in Australia or Thailand as soon as next month, said Kenishi Asano, president of Toyota Motor Corp Australia. Toyota is drawing up plans to build its first research centre55 words
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Article, Illustration329 2003-03-05 15 Christopher Tan - LTA records show 28% drop in transfers last year, reports Christopher Tan Christopher Tan USED-CAR sales have sunk to the lowest level in over 10 years, going by transfer statistics recorded by the Land Transport Authority (LTA). According to the LTA, 59,396 carsFILE PHOTO; Source LTA - 329 words
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Article, Illustration282 2003-03-05 15 TOYOTA distributor Borneo Motors is actively wooing owners of parallelimported cars to patronise its workshops. In what is believed to be an industry first, the company has come out with pamphlets aimed at these Toyota owners. These pamphlets fully illustrating what Borneo could282 words
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276 2003-03-05 15 NOT ALL car importers will enjoy lower costs with the change in the Customs Excise Department's valuation format. The government said last week that it would stop the practice of imposing a levy on cars based on the seller's advertising276 words
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325 2003-03-05 15 Christopher Tan - All reports by Christopher Tan LENDERS and credit dealers make the bulk of their vehicle loan earnings from early settlements, thanks to penalty clauses common in fixedrate loans. And if these provisions are disallowed as consumer advocates here are lobbying for them to325 words
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Page 15 Advertisements
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Advertisement14 2003-03-05 15 For tfcs latest opeamarfcat valerates of passenger cars, goto (iw i|/'n il|itiiH>n OllllV Mp14 words
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Advertisement234 2003-03-05 15 An Essential Event For alu Retailers! RIT AIL I HDUSTRT TRADE EVENT 5-7 March 2003 (Wed Fri) 10.30 am 6.00pm Suntec Singapore, Level 4 Capture Asia's retailing trends flrsthandl RITE2OO3 Retail Industry Trade Event is Asia's only event that showcases three significant retaiJ elements of FMCG, ShcpFit and Retafl IT234 words
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PERSONAL investment
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Article, Illustration1028 2003-03-05 16 Robert Halili - markets But near-term outlook based on past trend is neutral due to low buying figures By Robert Halili THE Singapore insider sentiment index ended in semi-bull-ish territory for the first time in the past 15 weeks but the caveat is that itFILE PHOTO - 1,028 words
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392 2003-03-05 17 NYT [NEW YORK] In this bear market, low share prices have become more than a reality. Now some people think they are stylish. Consider Microsoft. Its initial public offering, in 1986, was priced at US$2l, but it opened aboveNYT - 392 words
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Page 16 Advertisements
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Advertisement987 2003-03-05 16 iSOFTEL LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of iSoftel Ltd (the "Company") will be held at Block 25 Kallang Avenue, #03-06 Kallang Basin Industrial Estate, Singapore *****6 on 19 March 2003 at 11.00 a.m. for987 words
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Advertisement787 2003-03-05 16 VICTOR'S SPORTS CLUB NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Victor s Sports Club will be held on 24th March 2003 at 6.30pm at the Conference Room, Victor s Superbowl, 07 Marina Grove, Singapore *****7. NOTICE of any special business must787 words
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Advertisement427 2003-03-05 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MERIT ANORDB ANKEN MERCHANT BANK SINGAPORE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF MEMBERS VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed Company held on 28 February427 words
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Advertisement900 2003-03-05 16 SGAM Guaranteed Alternative Diversified Fund SGAM's exciting new breakthrough investment could potentially make your money generate better returns in all market conditions. Exciting Investment Fund of Hedge Funds \mis to deliver positive performance in both rising ,tnd falling market. Multi Manager and Multi-Style Access to smile of tile world s900 words
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Article13 2003-03-05 17 Transaction date: Mar 4 for live prices, log on to uwwxj&iaonenmrketsjcom13 words
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Article67 2003-03-05 17 524* Uct Vol Day LKtOuot* GtOto Ow GtVW MM MCa W» I— Ciwpii M« *4- nm W» L— l+m Cw HI hi ***** 89 Diamonds US8780cd 5240 2 WO tSDJUSTecti US3740cd 575 555 rSMSCI Spore USS5S 11(80 8200 ISSAPSOO US8270cd ***** 8280 5TOUS *****80c d 1805 1284 5T1ETT67 words
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Article1419 2003-03-05 17 u« UM Vol Day Lad Qvot* GriM* On CrTW Nat MCas W# I— ClR»IR| Sale W- rw W* t— lay Sdhr C-w f» 22 75 ABR Htdgs Sc 10 5 105 JO MS IS APCMScl 17 «0.5 28 17 17 16-5 17 5 11.S 15 72 14.9 511,419 words
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Article279 2003-03-05 17 S24M, Lao M Day MOM GfOw 01» GrYM MM MCa W» L— t—p—jf M» W> 55 115 80 AVJenmngs A2Sc A100 unch 100 100 100 99 100 40 3.4 10 SM 0th*»c20c HIC720 JJ I* OwungKongMc MK17W 2 45 ZZSST" zJS&s £S HS 5 SKBfti 101 115 135279 words
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Page 17 Advertisements
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Advertisement84 2003-03-05 17 JrnSw Audemars Piguet Lc maitre de I'horlogerie depuis 1875 l|M Exclusively at: CORTINA WATCH PTE LTD Millenia Walk Tel: 6339 1728, Paragon Tel: 6235 0084, Raffles City Tel: 6339 9185, SINCERE WATCH Ngee Ann City Tel: 6733 0618, Lucky Plaza Tel: 6737 4648. Suntec City Mall Tel: 6337 5150, THE84 words
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EXECUTIVEmoney
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Article, Illustration946 2003-03-05 18 R Sivanithy - The attraction of equity futures lies in its leverage which magnifies profits as well as losses. Risks may be high but so are rewards if the instrument is properly understood. R Slv&nltby explains R Sivanithy It's fair to say that singlestock futures (SSFs) haven't enjoyedFILE PHOTO - 946 words
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Article, Illustration763 2003-03-05 18 Siow Li Sen - Bat the true business model of a hedge fond is not scalable: Credit Suisse Private Bank's senior exec By Siow Li Sen HEDGE funds, with their promise of absolute returns in rising or falling markets, may be attracting attention, as equity funds continue to flounder.763 words
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Page 18 Advertisements
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Advertisement11 2003-03-05 18 jf 1 y R\PAfSTK 290 ORCHARD ROAD, SINGAPORE *****9. TELEPHON E:*****53511 words
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SHIPPING TIMES
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Article269 2003-03-05 19 Reuters THE Baltic Dry Index fell 2 points to 1762, the Baltic Capesize Index fell 11 points to 2474, the Baltic Panamax Index fell 1 point to 1672 and the Baltic Handymax Index rose 53 points to *****. TIME-CHARTER: Hanjin Melbourne (built 1967) *****0 dwt 12. lon 44Reuters - 269 words
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Article265 2003-03-05 19 MX '000 Mar4 *ai CWT Distribution 0.60 -0.03 3 Chuan Hup 0.41 -0.01 462 Cosco Invajtmant _0.20 unch 247 Freight Unks 0.03 unch 45 OB HoWtnos 0.57 -O.OI 1 Jays Holdings 030 -0.01 724 KappaiCorp 4.20 -0.00 2915 KlVantura 0.14 -0.01 55 Krpp* Taia 0.83 unch 18 Labroy265 words
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Article, Illustration669 2003-03-05 19 Beth Jinks - Private venture a joint effort between PT Maxsteer and Indon state port operator By 1 Beth Jinks [SINGAPORE] The legal status of a new privately-run transit anchorage endorsed by Indonesian authorities between the congested Traffic Separation Scheme (TSS) in the SingaporeSource: PT M - 669 words
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252 2003-03-05 19 This is despite 30% rise in third quarter profit [SINGAPORE] Despite an improved third quarter, Malaysia International Shipping Corporation's (MISC) net profit dropped 12 per cent to RM910.8 million (*****.32 million) for the first nine months of FY2002. Citing overcapacity252 words
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Article252 2003-03-05 19 [SINGAPORE] More than 600 jobs are being made available to retrenched employees of PSA Corporation through a job fair tomorrow. At the fair, the Ministry of Manpower (MOM) will also share with job seekers more than 5,000 other vacancies in its job bank,252 words
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231 2003-03-05 19 George Joseph - By I George Joseph [SINGAPORE) The maritime industry in this part of the world is not showing the kind of despondency as seen elsewhere because of the economic recession and threat of war, according to the organiser of a work boat show held231 words
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Article, Illustration373 2003-03-05 19 AFP [BERGEN, Norway] The Filipino officer of a Norwegian tanker that collided with a French trawler off the coast of Brittany in August, killing four fisherman, pleaded not guilty on the opening day of his trial. Ronnie Zape, the 39-year-old duty officer ofAFP - 373 words
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Article, Illustration1064 2003-03-05 20 David Hughes - STRAIT TALE By David Hughes BY the time this paper hits the streets an interesting meeting should have taken place. It ought also have been a controversial one, in that it has taken place at all, but probably few will see it thatAFP - 1,064 words
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Article10415 2003-03-05 24 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyege T*(*p»>on* ETA ETA Adv*rtls*r VnsM Voyage T*4*phon* SIN Dest'n Nam* Nam* Number Number SIN Destn Nam* Nam* Number Numb*r 22/03 09/04 MOl OOCL ENVOY 0137 45-*****4*4 To ABIDJAN (ABJ) 2003 Cot# D'lvolr* To BINTULU (BTU) 2051 Malaysia 12/03 06/04 MOL PiO10,415 words
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SHIPS IN PORT
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Article582 2003-03-05 27 Vo«*l Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER118 E3049 J3 A/SIDE 05/03 0030 BUDIJASA 16 BJ1609 J12 A/SIDE 05/03 0200 ECOCHALLENGE 3/2003 J24/25 A/SIDE 05/03 1500 ORI PRINCESS 225 J11 A/SIDE 05/03 0600 SUMBER MAS 8 2121 113 A/SIDE 05/03 1100 ZIM JAPAN 40E J18/19 A/SIDE582 words
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Article1778 2003-03-05 27 CONTAINERS TERMINAL AND VESSEL SCHEDULES I Vessel Out In Bth Berthing Un- Berth Name Vo, Voy seq berthing Nmbr OaWOUT QMN 053N 1 0903/2003-0300 ALAMJAYA 2 8836 8836 1 *****003 1500 *****003 1800 ALTONA 0317 0316 1 *****003-2200 *****003-0700 (C09 AMBER 1 03S 035 1 OS03/2OO3-1OOO 0503/2003 161,778 words
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Article139 2003-03-05 27 Mar 5 Brunei: H ijriah t Mar 8 —i i Belarus: Women's Day Russia: Women's Day Slovenia: Preseren Day Mar 10 Cyprus: Ash Monday Greece: Ash Monday Mat 11 Lithuania: Day of Rest of Lituanii Statehood Mar 14 Brunei: Maulud MarlS Belarus: Constitution Day Hungary: Anni of 1848139 words
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Article795 2003-03-05 27 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranees in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual795 words
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Article402 2003-03-05 27 Carton »0 Max 990.7 0.4 13.4 0.06 38 0.02 Feb 27 tensity Mater IkMh AsMNmMmi Sadinwnt No above E25 0 0 0 0 0 0 380 Aw 984.4 02 14.0 0.05 21 0.02 tin* 380 Mai 992.3 2.0 *-3 0.09 49 0.0S NoabowG35 1110 0 0402 words
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AIR & LAND transport
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Article, Illustration463 2003-03-05 28 Spending cuts, online ticketing and self-service check-in planned Bloomberg [LONDON] British Airways, Europe's biggest airline, plans to cut an additional £450 million (Ssl.2 billion) of costs by March 2005 as slowing economies and a slump in air travel after the Sept 11Bloomberg; FILE PHOTO - 463 words
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Article, Illustration510 2003-03-05 28 Bloomberg [MADRID] Spain's largest airline, Iberia Lineas Aereas de Espana, expects a war in Iraq may cut its sales by as much as 15 per cent, and could force it to ground airplanes. Iberia, which cut European capacity 4 per centBloomberg; AFP - 510 words
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238 2003-03-05 28 Bloomberg [WASHINGTON] Delta Air Lines, Northwest Airlines and Continental Airlines will get a new hearing on conditions for their marketing alliance sought by US regulators, ending a stalemate. The Department of Transportation will accept comments on new proposals for joint use of facilities, preservingBloomberg - 238 words
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LOGBook
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Article117 2003-03-05 28 AP [STOCKHOLM, Sweden] The passengers were seated and the engines revving up when the captain of a passenger plane asked the tower for permission to take off. All he got was silence. The tower was empty because the air controller assigned to the morning shift wasAP - 117 words
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90 2003-03-05 28 Xinhua [SHENZHEN] Shenzhen Airlines is to lease 10 new Boeing 737-900 planes in the next three years, according to contracts signed between the company and three commercial banks here on Monday. Dong Lijia, general manager of Shenzhen Airlines, said the airline was being extendedXinhua - 90 words
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Article, Illustration277 2003-03-05 28 However, jet engine maker keeps its dividend steady Reuters [LONDON] Aero-engine maker Rolls-Royce pic posted a 46 per cent dive in annual profits yesterday after the world's worst downturn in the civil aerospace market, but it kept its dividend steady and its 2003 profitReuters; FILE PHOTO - 277 words
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247 2003-03-05 28 AFP [SHANGHAI] Shanghai is set to begin developing China's first civilian turbo jet in June, state press reported yesterday. The Shanghai Aviation Industrial (Group) Corp. (SAIGC), which used to manufacture airplanes with McDonnell Douglas, will restart its suspended aircraft assembly linesAFP - 247 words
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Article1700 2003-03-05 28 an njsm cu mem no sous ims on izu .r..T 7 IHT71 *50 UW743 2150 SMJO 18S0 *80 U*™ 050 *****7 1450 S024 2350 kmffn S023 0435 IU.&M 2330 'iTI "jrr? 1*7304 825 mrw an 6*975 ore SOX 2145 0T4 825 W4571 2359 Bllf DP 2.1,700 words
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Page 19 Advertisements
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Advertisement20 2003-03-05 19 British Airways targets £450 m more of cost cuts Back Page Rolls-Royce profit plunges 46% to £255 m Back Page20 words
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Advertisement450 2003-03-05 19 INFORMAL RATE AGREEMENT (IRA) FAR EAST MIDDLE EAST RATE RESTORATION In order to maintain a high standard of service to their customers, the member lines of the Informal Rate Agreement (IRA) covering trade from the Far East to destinations in the Middle East will be introducing a rate restoration programme450 words
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Advertisement606 2003-03-05 20 TOUSA/CANAOA I I EXPORT I I OTHER DESTINATIONS I ygsa wr TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOCLIKWYQn 7*lo 04/D3 10S/03 71*3 7V03 70*3 11/03 21/03 71*3 VOT EUSM KG W M STt H| W ™ZXL SISSISI 22! 52 22 221 S2 m HT.ts/I TW OOQCMWWU ***** IMP It/IP 0V0« [WgJ606 words
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Advertisement107 2003-03-05 20 WORLDGATE EXPRESS LINES PTE LTD 1 SO, Cml Stmt, tIUSHMi Bank Bu«<»n», S'pore Tel: *****911 Fax: *****073/*****863 Email: wgateembox2.singneLcom.ag ■I WEBSITE: httpV/www worldgate com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS |SOUTtt-fAST ASM M FMIAST WmumtJM W~ ftm miiiG/pgmiG W//Q3 howg ko>>g/chi»u 09/03 CMflijO Mi IJAKAKUAUIABAY* 09/03 IffllllHi OCBZ107 words
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Advertisement628 2003-03-05 20 lines services represented by fcjBSLA Members of the Registry of Accredited Shipping Agents, Singapore Shipping Aswck^ion Members of the Singapore Logistics Association g ULY UNI MALE /vBSB VOT EU EU Eu\ f. KLAII6 SfO« MALI Moid Star 537 A 03/03 05/03 M/ 03 Empress Lity 0203 17/03 15/03 24/03 Mold628 words
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Advertisement1074 2003-03-05 21 TO EUROPE FROM EUROPE vtssa Ivor sm g»t m» aim nam wv sou i» Ifvßsa Iwr ww hw w sou w at MM 11SW 07/03 26/03 28/03 24/03 HYUfMIHHBOM 311E IS/02 17/02 20/02 14/02 MOISOUmON 011W 07/0319/03 24/03 24/03 20/W 29/01 ■OUWOWHHfT 0071 11/B2 20/02 22/02 23/03 11/ TO KVUCMMBMB1,074 words
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Advertisement1206 2003-03-05 21 Mini ouw^ I «mr^ AOABA (JOftDAN) IS DM «WUTMOTS ■SMCtfOM: NNNEMMIIMI SAUS/MCS 1U: MNMS7/UHUL ******71/24 I IMM i M i* COSTAR SHIPPING PTI LTD 9 MW ootwuwii/u mnsmi *2*5321/75 I MWM (JOKDAN) vta AQABA 151MVS SSSSasS" 1 p 1,0 »=«»«"■>- mgwj I HMUI (TUHH) ISMR jONCrsoma ctwvwnoui mmum imim I1,206 words
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Advertisement594 2003-03-05 21 tai.iu liSlI I If" 11 "1 "J yl WY SMI JKT mPW K PUS ?Bsf SS! u%hiij 18? Si Sis Si! Sij HTumuwroGt osts 12/3 15/3 20/3 21/3 24/3 h/3 HOMCKOKSIM 005ll| 21/3122/3 2S/3 2V3 V 4 V 4 V 4 VIADI¥OSIDjC Jj/3 _2Z/3. Z7/3_ Wl_ _31/3 _2/4_ HYUMOAI fIOGKSS594 words
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Advertisement890 2003-03-05 22 HMWHYUNDAI MERCHANT MARINE CO., LTD. HoMpa|oE www I— CR NO. **********0H ma. wr T "sai" HT "raT ~anT Hm ~m~ rasa ~W son "un" m w wa w ai NT FIOfRAL MIW M/M 15/ M l»/M 11/ M 13/03 NTUMTTT 3131 11/W M/M 47/ M H/W 11/13 API KAIL IISW890 words
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Advertisement652 2003-03-05 22 WX WAN HAI LINES V TEL: *****588 FAX: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN EVERY THURSDAY COMMENCING 20 MAR 2003 TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* THURSDAY CALL COMMENCING 20 MAR 2003 For more dmtalla, cmll HOTLINE: *****988/1800-*****00 ASIA artfSS IMA652 words
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Advertisement523 2003-03-05 22 m aaasa* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMP WESTERN ICO TOWTI mm m m mm couomo r.snha coumo trorwwu twwi; 03 MI HUM wmi i;mi isna mmbm wb iimi i?mi una nm aMI howahimpb dim wmi mm omi %m ami usmasth soiw ?4mi ami mmi mm523 words
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Advertisement1167 2003-03-05 23 Vtssn. VOY KHH HKO 1 SIN |wa I PX» 1M» I PMM SBC MAN HOEMOZOAN PCI 301 04/03 03/04 0«/03 09/03 16/03 13/02 13/03 17/03 MAN TIHRAN PCI 301 11/03 11/03 13/03 16/03 13/03 14/03 31/03 01/04 M.V. UNDAVIA PCI 303 13/03 19/03 11/03 13/03 30/03 31/03 03/04 10/04 NUN1,167 words
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Advertisement465 2003-03-05 23 i Ri UK CONTINENT SERVICE Loadng tor ORIGINATOR RDM/ATW/BMN/UK/NAN OCEAN ISLAND RDM/ATW/BMN/UK/NAN Load* Singapore, E/W. MHayiia. Indonen MIDDLE-EAST SERVICE Loadng tor VOYAGER V DSI/ABU/DOH/BRN/DMM/KWT PAN LEADER ADN/JDH/AQA ATHINA DBI/ABU/DOH/BRN/DMM/KWT ASEAN GLORY ADN/HDO/JDH/AQA V IPIROS HELLAS DBI/ABU/DOH/BRN/DMM/KWT "Load* Sngapore, E/W. Mal>,Ti«. Indone— USA SERVICE Loacftngtor NAUTIC CONFIDENCE CAM/NFK/SAV/NOL PAPAYIANNIS VCW/LAX/M2L YOU465 words
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Advertisement779 2003-03-05 23 Jfisa ai m eat ra» mi m *t J&MS& mn 05/03 -EALMU Z221 04/03 00/03 mum *m 00/03 07/Qi jtLmm WJ Sz£ ffifi hciawpa mm 00/03 00/03 -eac-uu wa um u/ii— tttIAWDA ***** 10/03 10/03 tIW 14/03 10/03 jMjtmk mn LU3 »i/« 3 M^mmrrmrmnwmmmmm wm 83 m jf= ivrIMM 38%779 words
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Advertisement330 2003-03-05 24 L^KYOWAUNE Vil Wy Um~ Nw idy i»— Vw» K—•r IH* Mw|iHtow> M^wi Woshington Senotor 955E 11/03 20/03 26/03 27/03 Woshington SeootoT 955E 11/03 21/03 02/04 Woshinoton Senotor 955E 11/03 18/03 28/03 30/03 Woshinoton Senotor 955E 11/03 05/04 18/04 20/04 22/04 Jopon Senotor 944E" 18/03 03/04 09/04 10/04 Jopon Senotor 944E"330 words
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Advertisement198 2003-03-05 24 HEAK BULK VESSELS TO COLOMIO MUMAI COUMUO 01-09 MARCH KSTA 10/10 COLOMft) 1112 MARCH C EXPRESS DIRECT CALL COIOMIO 15-17 MARCH EXPRESS HEAVY Un COiOMIO 23-25 MARCH CARRIER HEAVY UfT MUMIAI 15-17 MARCH MMMI HEAVY UR MUMIAi 21-23 MARCH TOM HEAVY UFT IMUMRAI 27-20 MARCH SEAOUIEN RO/R0 ESP LINES HEW198 words
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Advertisement347 2003-03-05 24 CWT GLOBELINK PTE LTD W OWN OFFICES IN: TEL:€ *****33 (36 LINES) FAX:€ *****42 SYDNEY MELBOUnNE-HNANG-FOBT KELANG-PASIB GUDANG-KUCHING-BANGKOK-KABACHI-BOMBAY-NEW DELHI COLOMBO HO CHI MINH CITY HAIPHONG HANOI BREMEN HAMBURG TIANJIN QINGDAOSHANGHAI XIAMEN FUZHOUDALIAN XIAN-BEIJING-SHI JIA ZHUANG DIRECT SAILING TO EAST/SOUTH AFRICA MOMBASA yf^ri DURBAN /O 1L JOHANNESBURG Jf I CAPETOWN /rX347 words
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Advertisement256 2003-03-05 24 BSA i MYANMA BB FIVE STAR UNE (Mvmmmt fcHwd UM) f*r Y«|m vnsti vor sm pw km pgu OflN SMWI HAW 54 W SID PAGAA V3O4W SU> IN MALAYSIA: DO4ISTUD SMfPtNG AGfMCIIS KIR: 03-*****)04 Ptt: 03-*****101 PW: 04-*****02 mi BANK LINE (A Mrvk* of Aairtw Wtk Shippta|) I NORTHBOUND TO256 words
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Page 26 Advertisements
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Advertisement718 2003-03-05 26 SHANGHAI EXP 062N 1112/03 11-20/03 2W6/03 I TIGfl lUD6E 063N 14-15/03 21 23/03 2121/03 I TI6OI SHACK 064N 10-lf/W 25-27/03 01-02/04 I nCBSXY MSN 21 22/03 2»-30/D3 04-05/04 I TOl(AWlS£^oJ*N2i2^o^^olW)4^oMJ^4| vor sw CAi^^sa^l JIAUHMUk o*3 05W03 *****03 *****53 I an 102 M-09/Q3 14-11/03 24-27/03 I ncamoN sio 13-13/03 11-20/03 30-30/03718 words
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Advertisement807 2003-03-05 26 VESSEL NAME VOY SINGAPORE PORT WANG OtfTTAGOWG MONGLA in m rro ru itd m no OC DIGNITY 06N060 TNU 06/63 07/03 07/03 11/03 14/03 PC LARK 09N045 SAT 01/03 09/03 10/03 13/03 17/03 PC TIAI 01N136 Wa 12/03 13/03 13/03 17/03 20/03 NEW Sa STAR HNOOS RWW 17/03 18/03 16/03807 words
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Advertisement1024 2003-03-05 26 I lib IPDZ LINES |s PMUAM mi 17/11 |GUOO J*****04/03 1 ItUU MM 11/U OMOCI M*HoTm MB KB iMsuro W n/os iGtswu joos M/oi naa SITTW HBHOn soor I is/el osiang lam H9O x/m iis sot in; u/03 owe* 3001 13/03 to«mA2 mm 1W" ommxi low 122/03 auoiiG \am am1,024 words
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Advertisement262 2003-03-05 26 [W9HSMM BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI Ivtssa voToci cta swGAfOti nAuuoT~| I mow ooshw »mm oiwn Mipt SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood *17-07/00 Apex Towr, Sinyyora *****9 Tthpheiwi 6270 0977 FocurrwU: 6275 2909 >11 Taluu RS ***** SMR MRECT SIN NAMPO, DLPJL262 words
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Page 27 Miscellaneous
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Miscellaneous149 2003-03-05 27 mil y —4- —I C v v f b^*.\^^hb| ion y —V 26^f+*dffiBlE 27 2e\. —f f jj*^^" /i SXvjk* S3 aHHHHV/ f /si* aM<, H^^H^^pT aH MMiHK aft —4 j aSßfci .LJrt I <i| >5 I ri< ni l>>M r***"*^"i L Issued by Meteorological Service Division,NEA LEGEND: Thunderstom Wind149 words
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