The Business Times, 11 March 2003

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Total Pages: 32
1 32 The Business Times
  • 13 1 THE BUSINESS TIMES J|UIA4EH)24/03/2003 Internet: http://business-times.asial .com.sg SINGAPORE TUESDAY, MARCH 11, 2003 85c
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  • 606 1  -  GDC Tech to retrofit 400 Indian cinemas, digitise feature films By Raju Chellam [SINGAPORE] In a unique high-tech venture, a Singapore firm has won a multimillion dollar deal to retrofit India's movie theatres with digital projectors. The company will also convert Indi-an-made feature films
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  • 889 1  -  US firm Excel wades in with two types of machines By Yang Razali Kassim [SINGAPORE] The competition to make drinking water out of thin air in Singapore has just gotten fiercer. If Sesdaq-listed Hyflux had ambitions to be the only player in
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  • 458 1  -  BTiamiUWJ ffyi Christopher Tan [SINGAPORE] The $5 billion north-east MRT line, due to open next month, will boast almost $10 million in specially commissioned artwork for its 16 stations. The art commission, planned during early stages of the seven-year project, is believed
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  • 1585 1  -  Congressional proceedings to focus on dealings at UOB Philippines Frorr Lee Han Shih in Manila FEBRUARY 28 was to be a day of triumph for Wee Cho Yaw. On that day, his United Overseas Bank (UOB) would announce a 2002
    FILE PHOTO  -  1,585 words
  • 71 1 □sn 1,213.82 (-12.33) ST INDEX FUTURES 1,220.00 (-10.00) SIMSCI FUTURES 148.90 (-0.90) Monday Change KLSECOMP 624 78 -10.88 NIKKEI 225 8.***** -101.86 HANG SENG 8,861.87 -4553 SET INDEX ,***** -519 JAKARTA COMP -.382.67 -7.13 MANILA OOMP .1.010.70 -409 TAIPEI WPI 4,***** -3060 SEOHCOMP 544.24 -1.78 SHENZHEN B 197.87 -4.88
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  • 74 1 FOREX RATES US$ s$ I'SS (SS per LSS| 1736 £(l'SS/SS per 1.598 2.773 EUROflSS/SS/E) 1KB 1515 YEN 1167 6750 RM 3.800 2.189 HKS 7.799 4 493 BAHT 42.46 24 46 RITIAH 8.885 5,119 RENMINBI 8599 4.781 INDIAN RIVEE 47 66 27 46 PfOME RATES SINGAPORE* 515 KUALA LUMPUR 6.40
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  • Page 1 Advertisements
    • 44 1 8 Rolex GMT-Master II and Rolex Lady-Oatejust. Officially Certified Swiss Chronometers www.rolex.com TAKASHIMAYA S C. TEL 6734 2420 RAFFLES HOTEL ARCADE TEL 6334 3241 LUCKY PLAZA TEL 6733 1262 SCOTTS S.C. TEL 6235 7198 MILLENIA WALK TEL: 6339 4870 PENINSULA PLAZA TEL 6337 8309
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    • 18 1 r iv i Ossli s Goh brothers run ship M'sia-lndia ties strained POOR VALUE in real estate companies
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  • NEXT page
    • 458 2  -  More than 200 Indian natinnalg rounded up on suspicion of being illegal immigrants By Amit Roy Choudhury [SINGAPORE] Malaysia's rounding up of more than 200 Indians, including many IT professionals, last Sunday has subject ties with India to considerable strain, putting acting Prime
      458 words
    • ON THE grapevine
      • 126 2 US carmaker Chrysler is planning an advertising campaign in Germany linking Marilyn Monroe, Humphrey Bogart, James Dean and other late film stars to Chryslers they drove. The automaker will roll out the campaign to the rest of Europe this year. One observation is that all these
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      • 66 2 PUBLIC relations people have a habit of inventing new words to spice up old ideas. The latest twist on this comes from a consumer electronics company, which has announced a range of "lifestyle devices" that it describes as "cosmovidualist". Hopefully, it describes people who are cosmopolitan and individual.
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    • 394 2  -  Veteran will vacate post at end-March; Nets identifying new CEO now By Tang Weng Fai [SINGAPORE] In a surprise announcement, the Network for Electronic Transfers (Nets) yesterday said its chief executive of about seven years, Wee Tew Lim, has resigned.
      FILE PHOTO  -  394 words
  • Page 2 Advertisements
    • 131 2 pP' Singapore concepts, new products and new The Wealth of the New Economy solutions. Kensuke NoricNka, Djrector 1 4 1A 4 of Software InfomrcfionCentr? SOfcp) Discover the latest Intellectual Asset T j Management (IAM) and Intellectual j 28 other plenary and session t pics fr6rp Property (IP) valuation tools from
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  • SINGAPORE companies
    • 364 3  -  Management mml staff share views on arts and leisure By David Boey THE arts occupies centrestage in Singapore Technologies Engineering's 228-page annual report for FY2002. Taking pride of place with the nuts and bolts of the defence engineering firm's core business
      364 words
    • 318 3  -  It takes 49% stake in USs9Bm tie-up with China Eastern Bh David Boey DEFENCE conglomerate Singapore Technologies Engineering is all set to take its first shot at China's aircraft maintenance market. This follows the signing of a joint-venture agreement between its aviation arm,
      318 words
    • 288 3 Bloomberg CHARTERED Semiconductor Manufacturing Ltd, the world's third-largest provider of made-to-order chips, is unlikely to change its forecast for first-quarter results when providing a business update today, analysts said. The company will probably stick to its prediction for a first-quarter loss of
      Bloomberg  -  288 words
    • 304 3  -  By\ Beth Jinks SINGAPORE Airlines (SIA) is more likely to strike an alliance with Australian domestic carrier Virgin Blue than launch a third airline in the market, according to ÜBS Warburg. Regional transport research managing director Timothy Ross told
      FILE PHOTO  -  304 words
    • 467 6  -  Pandits project overall jack-up utilisation rate to climb to 80-90% By' Ven Sreenivasan KEPPEL Offshore Marine, a wholly owned subsidiary of Keppel Corporation, is gearing up for a strong pick-up in demand for offshore rigs. Its rig-building unit, Keppel Fels, has announced
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    • 442 6  -  20 firms seen setting np base here; there'll be a Zhejiang Centre too By Loh Hui Yin THERE'S a Zhejiang buzz in town at least 20 companies from the Chinese province are expected to use Singapore as their base over the next two years, and
      442 words
    • 701 6  -  hockTEESH neil behrmann LATEST reports of HSBC and Standard Chartered Bank Illustrate that the two banks are pursuing different Asian strategies. HSBC is diversifying away from Asia and already generates a much smaller proportion of its profits from here than Stanchart. Hong Kong and the
      701 words
  • Page 3 Advertisements

  • SINGAPORE markets
    • Article, Illustration
      309 4 OTHER SINGAPORE INDICES Mar 10 VALUE CLOSE ■TOMB -499.00 -70.00 IT CUM -*****.00 -112.00 -*****.00 -49.00 A*-SflE««ttm 326.61 -3.82 SCEjdbwEhct 112.21 -1.18 1000.97 -5.28 293.72 -5.17 MSa«t»pQW 147.78 -1.56 SMSCIFatow 148.90 -0.90 Stocks Volume STEngglOc 9,266,000 Chart SemCood 26c 7,817,000 SingTel 15c 6,982,000 PatificCenturylOc 6,299,000 TTIntl5c 5,906,000 DBS dp 5,608,000
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    • 286 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan HYFLUX Ltd is now a favourite smallcap pick among many analysts. The company has forecast a doubling in revenue to some $90 million for the current year. This is based on its current order
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    • 756 4  -  8TM.1..1..M.N STOCKS r. sivanithy IT seems difficult to argue with the logic that at current levels, local banks are a "good buy". After all, DBS and OCBC have dropped below their respective book values, while UOB sells for around 1.18 times book. Furthermore, conventional wisdom
      756 words
    • 596 4  -  CURRENCIES Horrid US employment numbers add to dollar worries larry wee THE Korean won became the latest victim of war jitters in Asian trading yesterday, even as the US dollar grappled with Friday's news of the worst US job losses in more
      Source: Reuters  -  596 words
  • 2907 4 UNIT TRUSTS FUNDS Com Finance Index Fd 0 667/ Com Global Lifestyle Index Fd 0.756/ Com Global Health Index Fd 0 737/ ...J. Com Global Telecom Index Fd 0 387/ cS OH f 12 Com Global Infotec Index Fd!" 0-253/ SSS liS Com Global Ener® Index Fd 0.77* <2 nio&
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  • Page 5 Advertisements
    • 154 5 mm Wm OFFICE MANAGERS AND WORKERS OF SINGAPORE It is time for us to rally together and rid ourselves of Bg|| workplace inefficiencies. I|SHH| ■Hp We have a glorious opportunity to abolish mindless, f||||s«H| WEam, repetitive and costly tasks. Hp;.,: A new day is coming. But we must first embrace
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  • Page 6 Advertisements
    • 194 6 Good Times Fly lAIbqI Save up to Oil /y on ANA Business Class when you fly ANA Asia Trtagle iMte Pwl jffißfr. Inclusive of One Asia Stopover 1 J B^ us,ness( ass conom y class 1 j&>- t Itf it Enjoy a tale of two cities with ANA's Asia Triangle
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  • Page 7 Advertisements
    • 371 7 I SMART WORKERS OF SINGAPORE I UNITE AT THE CANON PRODUCT SHOW AND SEMINAR. 1 MERITUS MANDARIN SINGAPORE, LEVEL 5, SOUTH TOWER, MANDARIN BALLROOM H BSgp 333 ORCHARD ROAD, SINGAPORE *****7 H SHE 20™ MARCH 10.30 AM -6PM, 21 st MARCH 10AM 6PM H Thursday 20 tk March 2003 Friday
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  • CORPORATE earnings
    • 489 8  -  Earnings beat company's expectations, but turnover lower than forecast By Serena Ng CONTRACT equipment maker Norelco Centreline, which recently saw electronics veteran Koh Boon Hwee become a shareholder and director, yesterday posted an 18 per cent rise in full-year net profits to $9.2 million, beating its
      489 words
    • EARNINGSRoundup
      • 69 8 SESDAQ-LISTED Teamsphere's losses widened by 4.4 per cent to $3 million for the half year ended December 2002. Turnover plunged 87.9 per cent to $1.5 million. The specialist metals engineering group attributed the losses to the divestment of Forbes Engineering Asia (FEA) and the
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      • 51 8 CRANE and transport operator Tiong Woon Corp's net profit fell 28 per cent to $1.4 million for the six months ended December. Turnover slipped 3 per cent to $18.9 million. Hie group expects the second half performance to be in line with the first
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      • 65 8 SANTAK Holdings yesterday announced a 70 per cent rise in earnings to $1.1 million and a 10 per cent increase in turnover to $9.6 million for the half year ended December 2002. However, the firm, which engages in precision engineering, electronics manufacturing and trading and
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    • 141 8  -  Ru David Boey SAN Teh Ltd, a mainboardlisted firm dealing in a diverse range of businesses from cement to hotels, yesterday cautioned investors to expect another unprofitable year after it posted losses of 98.96 million for its full year ended December 2002. The losses mark
      141 words
    • 130 8 MUSIC records producer Media Stream Ltd, which requested a share trading suspension yesterday, has warned of a material shortfall in profits guaranteed by the vendors of a company it acquired last year. In September, Sesdaqlisted Media Stream completed the $13.8 mUlion acquisition of Allandes Corporation, a container
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  • Page 8 Advertisements
    • 359 8 accs ACCORD CUSTOMER CARE SOLUTIONS LIMITED (Incorporated in the Republic of Singapore on 21 October 2000) Invitation in respect of 137,000,000 Shares of $0,025 each comprising 90,000,000 New Shares and 47,000,000 Vendor Shares as follows:(a) 13,700,000 Offer Shares at $0.27 each by way of public offer; and (b) 123,300,000 Placement
      359 words

  • SINGAPORE news
    • 634 9  -  BTia'UIIUWJ It aims to bag more non-Japanese accounts and bny local agencies By Vince Chong ASIA remains a big part of Japanese advertising giant Dentsu's plans for the simple reason that its major clients such as Toyota, Honda, Canon and Kao are
      634 words
    • 785 11  -  viwmmiw nt PABniimw Boon Wan urges corporate culture that rewards frugal employees Byi Chnang Peck Ming, Vince Chong IT'S an obvious but important point. Yet it's hardly mentioned so far in the search for ways to make Singapore cheaper for businesses and to stay competitive
      FILE PHOTO  -  785 words
    • 313 11 Yon can, by focusing on comparative advantages, says Raymond Lim CHINA poses serious challenges to the region, but what matters is a country's comparative rather than absolute advantages, Minister of State for Foreign Affairs and Trade and Industry Raymond Lim said yesterday. In parliamentary
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    • 284 11  -  RTIsWJIIUWJ Firm also acting as liquidators for Barings in London By Serena Ng KPMG Singapore partners Michael Ng and Peter Chay have been appointed the new liquidators of Baring Futures (Singapore), which collapsed in 1995. The appointments, which were ordered by Singapore's
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    • 479 11  -  By Audrey Tan SINGAPORE continues to be the top holiday destination for travellers from Asia-Pacific, but it has declined in importance as a business destination, two sets of figures released yesterday show. The latest Singapore Tourism Board (STB) figures show that while visitor arrivals
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  • Page 9 Advertisements
    • 83 9 I I \Jmaamo H Jj^Km Al R FRANCE making the sky the best place on earth Recommended for Formula ***** I I I I I Yellow Pages to locate B hm «^H 1 r| J were 19Nk« I v '•-> v igffi: In one year alone, Yellow Pages generates XyST
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  • FOCUS property
    • 672 10  -  BllJ,i.,i.'.ma PROPERTY S'poreans are subsidising expat housing through the govt's generous tax Incentives for MMCs lee han shih EVER wondered who's helping expatriates in Singapore pay for their $15,000-a-month houses and $8,000-a-month condominiums? Singaporeans, of course. Well, not directly. But indirectly the millions of
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    • 735 10  -  Real estate firms failing to create shareholder wealth By Kalpana Rashiwala SINCE tne 1997 Asian financial crisis, listed companies in Singapore, Hong Kong and Malaysia with no involvement in real estate have strongly outperformed pure-property firms and diversified groups involved in property, a
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  • Page 10 Advertisements
    • 523 10 CALROSE GARDENS FOft SALE BY TENDER Address 501 511 Yio Chu Kang Road Land Arsa 27,996.9 sqm (301,358 sq ft) Tenure Freehold Zoning Residential Plot Ratio 1.4, up to 5 storeys Description Large elevated freehold site within walking distance to Yio Chu Kang MRT Station CHIJ St Nicholas Girls' School
      523 words
    • 138 10 H <r- SS 111 wW p, May Ho— l-d, yn Sf «wrt, Tit— Iriad Irw ss m -tip* r t T »«fryMap| load loooft.lodpai Mad tr— S$ 11, otft p«r ydfft M>yt>4iS»a»««t,l.daa|M w i km 7% wHotoLPo—, SS 51 fr- S$ «d^T~ fWwfcwajdhMrtamaalaafareKafacaiiat. T*" 1 *ptnUi AppfeoUo (or booking of
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    • 212 10 ABIATRAVEL.COM HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICI Of IXTRAORDINARY GENERAL MEETING NOTICE 18 HißiiV GIVEN that an EXTRA? ORDINARY GENERAL MEETING of the Company will be held at 1 Kim Seng Promenade Great World City West Tower Singapore 237i04, on 26 March 2003 at 10:00 i.m. for
      212 words
    • 334 10 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No 58/2003 M In the Matter of the Companies Act (Cap 50) And In the Matter of Transpacific Investment Pie Ltd (RC No *****7923 C) ADVERTISEMENT OF PETITION Notice is hereby given that a Petition for the winding
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  • Page 11 Advertisements
    • 22 11 Lianhe Zaobao I Zaobao interview: I I Frank Tsao on I I the younger I I generation of I I entrepreneurs I
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    • 105 11 0 E A S FINANCE INVESTMENT www.ideas.singtel.com SillijTVl Isn't timing everything? Get Stock and Unit Trust updates now. Key or use WAP (IDEAS@WORK FINANCE INVESTMENT). Enable your mobile phone with IDEAS now, key ccbebbc <;*IDEAS) LET S CELEBRATE CHITTA6ONG $228 To celebrate our first year of operations to Chittagong, we
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  • EDITORIAL & opinion
    • 717 12  -  OPINION BoOiuTiiiTTTl caroline baum THE new US Treasury Secretary, John Snow, had his first experience with the toddlers in the foreign exchange playpen last week. The Wall Street Journal aptly called it "his first Paul O'Neill moment", referring to Snow's predecessor's tendency to speak
      717 words
    • 90 12 'We did something not even the British Parliament, the cradle of democracy, was able to do. We voted with the public, against a war.' Ahmet Funk Unsal a member of the Turkish Parliament, who defied the government by rejecting a measure to let US troops attack Iraq
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    • 645 12 EDITORIAL A SENIOR member of President Megawati Sukarnoputri's Indonesian Democratic Party-Struggle (PDIP), Kwik Kian Gie, dropped a bombshell last month when he declared that the party was the most corrupt in the land Following protests from his party members, Mr Kwik apologised, saying he had no concrete
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    • 981 12  -  Any military victories the US achieves could be negated by its need to borrow massively abroad to finance its fastgrowing financial deficits From, Anthony Rowley in Tokyo THE United States may soon face a war on two fronts (Iraq and
      AP  -  981 words
    • 731 12  -  COMMENTARY George W is bent on a spectacular show of American invincibility By Maureen Dowd NYT [WASHINGTON] You might sum up the president's call to war last Thursday night as "Message: I scare." As he rolls up to America's first pre-emptive invasion, bouncing from
      NYT  -  731 words

  • Page 13 Advertisements
    • 80 13 Based on Insurance Institute for Highway Sofety 40m ph 40% frontal offset crash tests of midsize inexpensive vehicles (Release date: May 28, 2002) Details of specifications may differ from picture shown and depending on models. For further detoils, please consult our Soles Engineers. *cJS£T Ttytf Sfctwrfi Mon Sat: Bom 7.30pm,
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  • REGIONAL news
    • 403 14 KUALA LUMPUR Analysts see cut in lending rates and easing of investment rules Reuters MALAYSIA is expected to unveil today a package of measures aimed at reviving its capital markets, and provide some protection from any chill caused by a possible war in
      Reuters  -  403 words
    • 274 14 REUTERS AFP [SINGAPORE] China was the top destination for business trips in the Asia-Pacific region in 2002, reflecting the country's meteoric rise as an economic power, a survey showed yesterday. A December poll of 5,479 people in 13 regional economies by credit
      REUTERS; AFP  -  274 words
    • 195 14 AFP [JAKARTA] The Indonesian government will extend tax exemptions for Batam island until year-end pending the passage of a Bill to make it a free trade zone, top economy minister Dorodjatun Kuntjoro-Jakti said yesterday. "By then we hope that a Bill to make
      AFP  -  195 words
    • NOTEBook
      • 105 14 AP [KUALA LUMPUR] Senior officials from South-east Asian nations and Japan yesterday measures to expand economic cooperation, including possibly creating a free-trade area within 10 years. The negotiations come after the 10-member Association of Southeast Asian Nations signed a part during its annual summit in
        AP  -  105 words
      • 114 14 Reuters [TAIPEI] Taiwan's electronics and beverage ma*—-Chou-Chln Industrial Co Ltd said yesterday its chairman had resigned after an executive defaulted last week on NTS&O6 billion (Sslo3 million) of purchases of the firm's stocks. Company chairman and president Kuo Pao-fu resigned after a board meeting, the company
        Reuters  -  114 words
      • 119 14 AFP [JAKARTA] Former Indonesian president BJ Habibie, who has been living mostly in Germany since he stepped down in 1999, met President Megawati Sukarnoputri yesterday for the first tfanj in her presidency. "It is a friendly visit," Mr Habibie said alter a closed-door meeting with
        AFP  -  119 words
      • 72 14 Bloomberg [KUALA LUMPUR] Boustead Holdings Bhd, a Malaysian plantation and property development group, will offer to buy a 43.5 per cent stake in Kuala Sidim Bhd to take over the oil palm planter for RMB2S million (Ssl4B million). Boustead, controlled by the country's Armed
        Bloomberg  -  72 words
      • 79 14 Bloomberg [MANILA] The Philippines will extend its freeze on overseas bond sales until after a war in Iraq to avoid paying higher interest costs, National Treasurer Sergio Edeza said. The Philippines, which has sold US$l billion of debt abroad as at last
        Bloomberg  -  79 words
    • 377 15 BEIJING He is also petitioning lawmakers to regain seized assets Bloomberg YANG Rong, China's thirdwealthiest tycoon in 2001, said he is suing the Chinese government and petitioning Chinese lawmakers in his battle to regain control of assets seized from him by Liaoning province.
      Bloomberg  -  377 words
    • 335 15 It is also looking into a listing in either US or HE Bloomberg [BEIJING] Chint Group cofounder Nan Cunhui, ranked one of China's wealthiest entrepreneurs by Forbes magazine, said the electri-cal-equipment maker plans to sell shares in Shanghai and overseas to raise
      Bloomberg  -  335 words
    • 212 15 AP [BEIJING] Organisers preparing China's capital for the 2008 Olympics will be audited frequently and are prohibited from running their own businesses attempts to curb corruption on the multibillion-dollar project a news report said yesterday. New civic and transport facilities for the 2008 Olympic
      AP  -  212 words
    • 283 15 BEIJING AFP LAID-OFF workers in north-east China's Heilongjiang province yesterday blocked a national railway line for hours in protest over poor unemployment benefits, officials said. Worker's blocked the Jiamasu-Beijing railway line for about two-and-a-half hours, a worker at the Jiamasu railway station told AFP.
      AFP  -  283 words
    • 158 15 AFP [JAKARTA] Indonesia's President Megawati Sukarnoputri yesterday crooned a love song for an appreciative audience at the state palace the second time in three months that the normally reserved leader has sung in public. Local songwriters and singers who attended a ceremony to mark
      AFP; REUTERS  -  158 words
  • Page 14 Advertisements
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      428 words
    • 168 14 Tfe of Torkist] .Delights at Qaza Qf c 7-16 flgrd] 2003 3eVoor aottp)hc Irkish tfisiix Ik "British salads, Itbabs, Trkish desserts aod roaog rnorc at Qaza Qfc. 3p«iaßg prepared bg oor gpest chefs fnwi) Tfje {Josphortis, IstaoM. Ooe lockg coOptc wi wio a *trip to Tirlrg Witt; ao exdasiVe stag
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  • Page 15 Advertisements
    • 35 15 M Jr „Jr hSh& I 'jit •A. LTD vf email: info@leonardsa.com.sg M j CHEWCHEONG WATCH TEL: 6734 5096/6734 8461/6787 1703 L^______^^ PRECIOUS TIME TEL: 6538 3008/6821 1108 WATCHES OF SWITZERLAND TEL: 6737 3708/6734 0928/6732 9793
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  • Article, Illustration
    1035 16 Transaction date: Mar 10 mTERBAMt CROSS RATES AS C$ 6wb tw NK$ M 1« V Ww IH l«h>tl Ml SS U* Sir WSM« Urn* US$ Australia 0.900 1096 0.557 4.791 29.281 54.582 0.717 7.610 2J35 1093 35.563 ***** L066 4J72 0.818 ***** 26.082 0264 0.6M Cm* UK 5.666 0.619
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  • 1480 16 S1COM FUTUIiES Mario IUIW f«tw»(CI«M prtril) RSSKScMbfe) CtoJt VoMm Ope* Mot* 1— Sttt (to—s) tetowrt Apr 03 188.75 May 03 187.50 JM 03 87JO Jul/Sep 03 8775 RSS3(USccob/kD Mw Open Moat* Mgh Law Ml (tames) Merest Apr 03 88J0 108.00 88.50 450 2300 Itey 03 108.00 108.00 107.75 300
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  • WORLD news
    • 595 16 LONDON Stocks fall and oil rises as investors seek the safety of gold and bonds Bloomberg Reuters LAT-WP INVESTORS yesterday traded in what many saw as a countdown to an Iraq war, hurting stocks, pushing up the price of oil and scurrying into
      Bloomberg; Reuters; LAT-WP  -  595 words
    • 266 16 Reuters [LONDON] Tottenham Hotspur chairman Daniel Levy tightened his grip on the London football club yesterday by offering to buy its major shareholder ENIC Pic at its current depressed share price. Mr Levy is taking advantage of the parlous state of football's finances to
      Reuters  -  266 words
    • 436 17  -  Nikkei's continuing slide adds to fears of a crisis breaking ont before March 31 From Anthony Rowley in Tokyo TOKYO stock prices fell sharply again yesterday, adding to growing fears of a financial crisis erupting in Japan before the end of the financial year
      AFP  -  436 words
    • 347 17 HANOVER, Germany Bnt its Q4 results show that it has turned the corner Reuters [HANOVER, Germany] Deutsche Telekom AG posted a 2002 net loss of 24.6 billion euros (Ss47 billion) yesterday, the largest in German corporate history, but its fourth quarter indicated that the corner
      Reuters  -  347 words
    • 227 17 SEOUL Reuters NORTH Korea fired a cruise missile into the Sea of Japan yesterday, raising tensions as it tries to force the US into nuclear talks at a time when Washington's eyes are firmly on Iraq. The South Korean won tumbled to its
      Reuters  -  227 words
    • 382 17 FAIRFIELD, Connecticut Bloomberg GENERAL Electric Co said on Friday in its annual report that its post-retirement benefit plans contributed US$BO6 million pre-tax to earnings last year. Investors found in a footnote 37 pages later that its pension plan actually lost U555.25 billion,
      Bloomberg  -  382 words
    • 476 18 WASHINGTON They project growth of 2.6% as war fears hit consumer spending Reuters Bloomberg A TOP panel of economists has scaled back growth forecasts for this year for a second straight month as expectations waned for a rebound in consumer spending and inventory building. The
      Reuters; Bloomberg  -  476 words
    • 424 18 AP [NEW YORK] Former US president Bill Clinton, in his first televised mini-debate with Republican Bob Dole on Sunday, said that a tax cut at a time when war is looming in Iraq is "bad economics". Mr Dole, Mr Clinton's
      AP; AP FILE PHOTO  -  424 words
    • 521 18 WASHINGTON Bosh bucking history in his bid to lower taxes now NYT IN his determination to cut taxes even while waging war in Iraq, US President George Bush is bucking history. With the exception of the war against Mexico in the 1840s, taxes
      NYT  -  521 words
    • 648 19  -  Bat UK defence firms likely to get US deals ahead of European rivals From, Neil Behrmann in London THE months ahead of World War II were described as the "Phoney War" as Britain prepared for conflict with Nazi Germany. Then, as now, there
      648 words

  • 4748 17 Transaction date: Mar 10 for more, go to iruwAsiaonenmarketsjom HONG KONG Vol HKRM1 1.14 -0.04 232 HKJ '000 Hong Kong Electric .30.10 -0.30 3977 Hongkong Chinese 0.59 -0 02 898 Alpha General 0J1 unch 48 Hongkong Chinese ltd 0.9# -0.02 898 AnandaWingOn 0.01 unch 0 Hopewell Holdings 6
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  • Page 17 Advertisements
    • 76 17 IF SINGAPORE'S POST EXPRESS LUNCH I Post Bar at The Fullerton Singapore is an ideal spot for business lunches or informal gatherings with colleagues and friends. Post Express Lunch lets you choose from a selection of gourmet sandwiches, or light selections from the a la carte menu. j For a
      76 words

  • 2487 18 Transaction date: Mar 10 KUALA LUMPUR Fr««r»Neav*116 002 1 uuw.1 u« FS8M 1.42 -012 1 nt *J- ran FW Industrie A16 unch 0 Gadang 0.95 010 4 A* M Realty 070 -002 22 515 "Ji® 330 Abric J) 63 -006 76 GanadCocp 0.80 -0.03 14 ACP Industrie 285 -0.10
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  • 772 18 Transaction date: Mar 10 Irt— ■> Ow n g i»>w w Omm o»ti CK Ut 1MB .00tt *k 014 2 HO «OOM Capmand vm low ««w OCK Ui joc OwttmCondMi IW OIK OBIS OUE UI Slf OryOwMi 1 n 1420 «M0 tartnay M 2V 0 40 0.71% -0 0»0
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  • 558 18 BONDS WARRANTS Last Vol Cam txm Dac tear 'tltZ Company Sal* (-0001 Katie Ma Mf left ASTIW*****1 17.5 1 16 191 066 15 Aana Ltd VWM1116 MS 1 50 891 1-22 20 MM* W*****0 52 1.5 15 1 33 2 140 27 Armstrong W040S20 AS 1 10 110 1000 14
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  • 5486 19 Transaction date: Mar 10 for live prices, log on to iimrwAsicumernarketsjCom 52-Wk Last Vol Day LaaQmu GrOw On GrVW MM MCaa I—I I—i Cum—I w- r— t— B»yr *«*«r Cw S K w ABNAmroNLG 56c 9 12 3.4 1381 20.5 9 ACE Dynamics20c 11.5 unch 2 11.5 11.5
    5,486 words
  • 64 19 U* lal M Day lint (MM* Oh GrVM MM HCa «0» 1—> Ci ■»«■»> M» W- fm L— >■>» M» Cw W W ***** 19 Diamonds US8780cd H40 2)00 ISDJUS T«h US3740 ifi »5 SMSdSpor* USS55 lino 8200 ISSAPSOO US«270»d ***** 8280 SPOKS US8280cd 1W5 1240 ST1 £TT
    64 words
  • 1415 19 52-88k Lmt M01 LHlQMta Gron On GrTW MM mCjb W#i I— Cniyi| S*e W- (11 W# Uw li» S*i Cw W M 22 75 ABKHIdgsSc 105 15 10.5 203 245 15 AP045C ItS -0 5 95 17 16.5 165 17 27 M U 6 145 58 10 5
    1,415 words
  • 312 19 S24K LM M Of 110—X «Mkr Ot* GrVM MM WCa I— Clin Mt W- (<1 I— i+m Cm M M 115 «1 AVJcnrangi A25c A101 tndi 141 101 101 99.5 101 40 3.4 9.9 5.9 2174 Cathay Pac 20c HK720 *5 21 7 4 6 *****2 ChwigKongMc HK1780
    312 words
  • Page 19 Miscellaneous
    • 181 19 CRYPTIC CROSSWORD DOWN 1 It doesn't add much 23 on 13 Caught girl with dictionary 9 Start out, 10 Volume, 12 Exethe subject (7) (7) unt, 13 Stitches, 15 Set down, 2No bird left this sum that's 15 Downtrodden sort of shoe- 16 Hero, 20 Tear, 21 Wearing, very small
      181 words

  • Page 20 Advertisements
    • 128 20 Streats I Streats, Singapore's free tabloid, now reaches more MM Mb 0b professionals, managers and business people living wr I in condominiums and landed properties. You can't Wm I I I afford to be left out. It pays to bet on Streats. w i^fl| I Streats qb J m»omlw>«« HJ<
      128 words

  • KNOWLEDGE economy
    • 1416 21  -  ■■■minimi. iJinmanD In an exclusive occasional series over 12 months, 16 of the world's top thought leaders speak on how they see the business world. This wee£ Sweden's most outspoken management thinker Kjell Nordstrom talks to Stuart Crainer in Stockholm Stuart Crainer KJELL Nordstrom is a striking figure.
      1,416 words
  • Page 21 Advertisements
    • 107 21 Where to wine, dine and entertain... Ij: a World of Exdiisive Privileges Treats Executive Set Lunch I—vansi-i—1 —vansi-i— B Experience modish Indian dining by the Waters 12 noon to 2.30pm daily vegetarian menus available Ss2o~* per person For Reservations, tel: 6345 4466 or fax: 6344 5344 2 Stadium Walk *01-04
      107 words
    • 38 21 4* j'" 1 Jcut RKH More than TO varieties *^^10am^pm^^hl>tinfno^swp^ijpply^^ MMf *ONhart Shopp*« Cm** 2nd Lml tfMMCfI IWP PI Orchid Hard (mrt to Sown* MKT), Tefc 9fMtm 'Hong Kah Jam Count* M l»«l**ft*a**2B iVVw «IMwiWMt»W fctmhraw Cw—»l.Te> IWim
      38 words
    • 72 21 Captain's Table presents ►j |||HH||HH|H J *vf I 11 yt I i\ [i v ■■■■IHhimimhhJ Teochew Specialties in our Unlimited A La Carte Buffet $22.*)++for Adult >\ Sl6++for child under 12 yrs j Weekdays: Dinner *'ti< a i c Holidays: *-•<.' /itv i*£iB Spring Court 1 I The Oldest J
      72 words
    • 188 21 Ja COOLEST NIGHTSPOT FOR A NOSTALGIC TIME Relieve the good otd days with superb Hve entertainment brought to you by our aH new band. TheVtelvets*. Happy Hours: 3pm to 8 30pm. Monday to Saturday. 3pm to I 45am. Sunday. Make your favourite song requests, enjoy one for-one on standard drinks
      188 words
    • 73 21 j~| MERITUS MANDARIN SINGAPORE T ■npMkm SET LUNCH AT GREAT HEIGHTS Create your own set lundi of CootmentaJ cuisine with strong French Italian influences. Price: $35*+* lhn Reservations: 6831 6258/88 ottfe c-. ry ItlUlfMl MERITUS MANDARIN Milt 333 Orchard Road, Singapore *****7. TH: +65 6737 4411. Fax: +65 6732 2361.
      73 words

  • THE achievers
    • 1393 22  -  Lessons learnt from hardship in their youth stand the trio in good stead as they face business challenges, reports Vlnce Ctaong Vince Chong IT READS like a typical rags-to-riches story of your neighbourhood entrepreneur, only that it is a tale of three brothers who
      PHOTOS BY ARTHUR LEE  -  1,393 words
  • Page 22 Advertisements
    • 59 22 vW' fIHH rj y ;.<& -WW n j| wp 3p tf '>^^ s >4" Van V HnffißMl The American Express® Card comes with one number that can get you emergency assistance in your language. Good to know when you're out there. To apply for the Card, please call 1800 732
      59 words

  • SHIPPING TIMES
    • 279 23 Reuters THE Baltic Dry Index rose 5 points to 1753, the Baltic Capesize Index fell 2 points to 2431, the Baltic Panamax Index rose 9 points to 1671 and the Baltic Handymax Index rose 65 points to *****. TIME-CHARTER: Irfon (built 1996) *****8 dwt delivery Xingang 1/10 Apr
      Reuters  -  279 words
    • 251 23 MX *000 mrm <w CWT Distribution 0.58 undi 24 Chun Hup 0.J9 unch 1047 Cosco Invastmant 0.19 unch 350 Fraight Links 003 unch 192 C8 Holdings 0.59 unch 0 Jaya Hoidingi 0.28 001 2240 KappaiCorp 4.02 -0.06 3473 KlVantura 0.14 -0.01 136 KappaiTaia 0.77 -0.06 82 Labroy Marina
      251 words
    • 320 23  -  By Beth Jinks [SINGAPORE] PSA Corporation handled 4 per cent more containers in Singapore and 29 per cent more worldwide in February than a year earlier, thanks mainly to its Belgium acquisition. Locally, the terminal operator handled 1.3 million TEUs (twenty-foot equivalent units) last
      320 words
    • 445 23  -  Gronp should focus on container shipping By Beth Jinks [SINGAPORE] Neptune Orient Lines (NOL) should seize improved market conditions to sell its tanker arm and focus on its "core competency" of container shipping to "restructure its balance sheet", says ÜBS Warburg. Regional transport
      FILE PHOTO  -  445 words
    • 540 23 US, UK forces unloading equipment to support Iraqi invasion AFP [KUWAIT CITY] Throughput at Kuwaiti ports is being pushed to the limits as US and British forces work furiously to unload enough hardware to support an invasion of Iraq by more than
      AFP; AP  -  540 words
    • 582 23  -  Proposals presented at Manila meeting will soon be considered by IMO Donald Urquhart [SINGAPORE] Officials from 16 Asian nations meeting at an anti-piracy meeting in Manila last week, were presented with proposed guidelines on piracy countermeasures that will soon be considered by the International Maritime
      582 words
    • AVIATION/shipping
      • 412 24 It jumped 44% in Feb, keeping pace with Ry&n&ir's 46% Bloomberg [LONDON] easy Jet, Europe's largest low-cost carrier, said its February passenger count rose by 44 per cent as the airline added routes across Europe and kept pace with rival Ryanair Holdings pic. easy Jet flew
        Bloomberg; AFP  -  412 words
      • 394 24 AP [LOS ANGELES] The US attorney's office in San Francisco has reopened its criminal investigation of the crash of an Alaska Airlines jetliner off the coast of California three years ago, according to sources close to the case. The investigation had been suspended
        AP  -  394 words
    • 114 24 PAGE BSA 6 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 China Shpg 5 Cougar 5 CWT Globelink ...6 Delmas 4 Dongnama 3 ECL 3 Foong Sun 5 Fujitrans 4 Gemartrans 4 Goodway 2 Hangli 4 Hyundai 4 Heung-A 3 IRISL 5 Kapal Kris 4 KienHung
      114 words
    • 9177 28 THEBUSINESSTIMES EXPORT ETA ETA Advertiser VnsK Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIW OesTn NanxNmt Sum »«r*"d»er.._ S" 4 D t n Nmm Number Number 19/03 11/04 MOL A PL HOLLAND IBE ********** To ABIDJAN (ABJ) 2003 Cot* D'lvoke 24/03 14/04 Hyundai MM API ENGLAND H7E
      9,177 words
    • SHIPS IN PORT
      • 692 31 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ALICA 0302A J4 A/SIDE 11/03 0800 ASIAN REX 03.02 J25 A/SIDE 11/03 2100 CHEN YU NO 7 TOC 36 J6 A/SIDE 11/03 1200 EUNK4 1401 J12 A/SIDE 11/03 0630 KOREA STAR 004E J18/19 A/SIDE 11/03 0800 TROPICAL 28 06A03
        692 words
      • 1897 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr AOtPOMUA (81 «M 1 *****003-0800 ii«M0(B-i8a0 101 ACX RAffLES 075S 075S 1 *****003-0800 **********00 T04 AEGEAN EXP 31S 315 1 1203/2003 33:00 *****003-0700 P05 ALAMIAYA J 8837 8837 1 14Q*****
        1,897 words
      • 142 31 Mar 11 Lithuania: Lituania Statehood Mar 14 Brunei: Maulud Maris Belarus: Constitution Day Hungary: Anni of 1848 Revo Marl! Thailand: Makha Bucha Day Mar 17 US: President's Day Ireland: St Patrick's Day Mar 19 Malta: Feast of St Joseph Mar 21 Japan: Vernal Equinox Day Mar 25 Cyprus:
        142 words
      • 777 31 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        777 words
      • 445 31 Carte* «0 Ma 990.7 0.5 U.4 0.07 46 0.03 Mar 6 Density Mtor (hMm ktm SiAbi* Hoabove£25 0 0 0 0 0 0 rr= 380 Ave 984.3 02 M.1 0.05 21 0.02 Em. 380 Ma 990.7 0.9 WJ 0.06 64 0.05 K/WI »*/V %M/M %M/M WW
        445 words
  • Page 23 Advertisements

  • Page 24 Advertisements
    • 505 24 NORTH AMERICA QULF/INDIA SUB-CONTINENT IHf ll 111 |QULF KARACHI EXPRESS (Q>OQ I VBsa vwr" Lei r—3T-| kg msa voir ka urn mm m OOdCAUKNtMA 40W00 14/01 14/03 11/03 COOT MALAGA 01( 04/03 00/03 10/13 10/03 OOaKIHBUNDS 43W09 00/03 23/03 25/03 PtO MBJUOTD DAMMAA OH 11/03 13/03 10/03 13/03 I 0
      505 words
    • 605 24 lines services represented by Singapore Shipping Assocwhon g ULY UNE MALE rasa voy in in ra p.kumc sfo« am Empress Uty 0203 17/03 15/03 24/03 MoM Corner 737 A 23/03 25/03 03/04 Princess Lily 0303 03/04 05/04 14/04 Maid Star 538 A 13/04 15/04 24/04 ULY MAIMNt SKB FT! lIP
      605 words

  • Page 25 Advertisements
    • 992 25 TO USA (SAX SERVICE) VESSEL VOT SM ETA LAX OAK DAL HOU CHI CM MEM ATI NYC AfL SWEDEN QOSE 12/03 27/03 11/13 01/ M 01/04 01/04 01/04 >1/04 04/04 M/M API HOLLAND 11S( 10/03 03/04 07/04 00/04 00/04 00/04 00/04 00/04 11/04 11/04 AfIENGLAND 117E 20/03 10/04 14/04 IS/04
      992 words
    • 1578 25 DIRECT CMI COLOMBO 4 DAYS taaui KBITS ■SMtfOtl: M NMSOM B «11-00 SAUS/MCS TIL MMSIS7/4) JUL M3IS3JI/I4 I SW2L ,WM6 m ITD Esse tssu sssks I bandar abbas •12 DAYS T/SMOtf M7OSWJ M»S)U/44 I WW ,4vn MMorsomo: convamoui mtosim mum I COSTMMBIOK (BISON TH: 07-3SMI4* MH7 *****1 INTRODUCING:APPmONAL SERVICE TO
      1,578 words

  • Page 26 Advertisements
    • 765 26 HMAVHYUNDAI MERCHANT MARINE CO., LTD. a NO. IMt7HOMOH |vea vot k so» ibi »im ami ham iv Ivtssa m 1 sou I ia I »tm I aw I nam I wr TT" NTNKNNBS MTW 10/U 01/04 H/03 21/03 JO/OJ HTFBQUt Mil 11/ll U/ll M/ 11 M/ 01 IS/01 APIOEAND 101W
      765 words
    • 414 26 \NNI WAN HAI LINES Y" TEL: *****588 FAX: *****163 INTRODUCINC:- 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 morm details, call HOTLINE: *****388/1800-*****00 ww vw m
      414 words
    • 631 26 w I WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTIH6 TO ALL NORTHERN AMD WESTERM ICO POMT* VCSB VOT Mi FJOiBt COUMMO B.SMHB COIO—C WWII TWWI7 OHM ami wmi HUM ism him ops ima i? mi it mi nmi nm homahmbb iiw i;mi nw oma an** wmi tiSHiCTB soiwr hum aim ami
      631 words

  • Page 27 Advertisements
    • 1197 27 ehbbbbi |VfSS«. VOY KHH HKQ ISWI W I PXI »AI DMM SWt MAN TEHRAN PCI 302 11/03 12/03 15/03 16/03 23/03 24/03 31/03 02/04 M.V. UNDAVIA PCI 303 IS/03 19/03 22/03 23/03 30/03 31/03 06/04 10/04 MAN KERMAN PCI 304 23/03 26/03 29/03 30/03 07/04 0«/04 15/04 17/04 MAN ISFAHAN
      1,197 words
    • 465 27 a k UK CONTINENT SERVICE Loadrig tar ORIGINATOR ROM/ATW/BMN/UK/NAN OCEAN ISLAND RDM/ATW/BMNAJK/NAN Loads Singapore, EJW. Mataysa. Indonesa MIDDLE-EAST SERVICE Loading tar ATHINA DBl/ABU/DOH/BRN/DMM/KWT ASEAN GLORY ADN/HDO/JDtVAQA V IPIROS HELLAS D6l/ABU/DOH/BRN/DMM/KWT "Loads Singapore, EVW Malaysia. Indonesta USA SERVICE Loadngtar PAPAYIANNIS VCW/LAX/MZL YOU SHENG CAAA/NFK/SAV/NOL "Loads E7W. Maiaysa. Indonesia F.E./S.E.A. SERVICES S
      465 words
    • 813 27 hh m m jfosa vox sB_ gg| wg- raw ng um i?/w y "g* Mi UZM M/W JHUma 1112 17/ti 10/03 >*m»* ooooj is/u u/m _mlmi na w/ti n/*\ m» 14/81 17/ M HKOWIAM tw 24/03 74/03 -MUMB6 tm ii/i] li/oi fACOAMPA *****1 10/03 70,0 PAC HMk 090 M 70/03
      813 words

  • Page 28 Advertisements
    • 204 28 |^KYOWA LI NE Jooon Senator T44P 7 18/03 ~03/04 *09/0410/04 MJ-Ll Jopon Senator 944E" 18/03 10/04 20/04 22/04 24/04 Jooon Senotor 944E" 18/03 11/04" 22/04 ***** ***** America Senator 946£ 25/03 03/04 09/04 10/04 America Senotor 1946E I 25/031 10/04 20/04 22/04 "14/04 America Senotor 946E 25/03 11/04 22/04 24/04
      204 words
    • 201 28 CWT GLOBEUNK PTE LTD M OWN OfFICCS IN TEL:*****833 (36 LINES) FAX:*****742 m SYDNIY UfLBOUHNI HNANGPOUT KILANG FASH 6UDANG KUCHING BANGKOK KABACHI BOMBAY NiW DfLHICOLOMBOHO CHI MINH CITYHAIPHONG HANOIBKtmNHAMBUBG TtAMJINQINGDAO SHANGHAI XIAMtN fUZHOU DALIAN KIAN BLUINGSHI JIA ZHUANG WEEKLY DIRECT GROUPAGE SERVICE TO CENTRAL SOUTH AMERICA MANZANILLOIMEXICO BUENAVENTURA/COLOMBIA MONTEVIDEO/URUGUAY SANTOS/BRAZIL
      201 words
    • 255 28 BSfl n. MYANMA D FIVE STAR UNE '"essj rr 1 um> vtssa vot m ra rai OW SHW! HAW S4W SU> MGAN V3O4W SID M BAIATSIA: OOUSTUD SHIPPING AGCIKMS IML 03-*****300 «L- 03-*****101 KM: 04-*****02 BANK LINE (A Mrvk* •< Aairtw Wair SUpptof) NORTHBOUND TO EUKOPt V aWUMB, 8010, HULK
      255 words



  • Page 31 Miscellaneous
    • 147 31 £555EE5558E*****E85E55&fc 120E B REGIONAL WEATHER FOR 7AM 11 Mar 2003 «I^HI jJM -"W tttA- "HaT^M —T f 97 ■MfnH >%S»UaB «.f a. fi fiSIPP" fIJ^^^HHHHH^j^HHjIB I «Mr V; \fiSv IJ>M \Xl\ >w ij 1 n/^ Issued by Meteorological Service Division,NEA LEGEND: K Thunderstom Wind speed symbols Showers O Full circle
      147 words

  • AIR & LAND transport
    • 234 32 Bloomberg [SHANGHAI] Shandong Airlines, an eastern Chinese regional carrier, said it posted an unexpected loss in 2002 because of rising costs for flying Bombardier Inc regional jets. The airline, which will announce its annual results on March 29, did not give a figure
      Bloomberg  -  234 words
    • 192 32 Bloomberg [NEW DELHI] Indian Airlines wants government permission to increase fares by 10 per cent, after staterun oil refiners raised jet fuel prices by a quarter this year. "We have given the government many options and a fare increase is one of them," Anup
      Bloomberg  -  192 words
    • 350 32 Piatco accuses govt of ignoring efforts to settle their differences amicably AFP [MANILA] A Filipino-Ger-man consortium which built a controversial passenger terminal at Manila airport said yesterday it would seek arbitration at an international court to compel the Philippines government to honour its
      AFP  -  350 words
    • 532 32 Unit to cnt 1,700 jobs bringing total reduction to 30% Bloomberg [MUNICH] European Aeronautic, Defence Space Co, Europe's largest aerospace company, had a 2002 net loss of 299 million euros (***** million) on a drop in demand for satellite
      Bloomberg; FILE PHOTO  -  532 words
    • 270 32 AFP [SYDNEY] The Australian government said yesterday Qantas and Air New Zealand had failed to dispel an-ti-competitive concerns about their proposed alliance but added it still supported the deal. In its submission to Australia's consumer watchdog, the transport department said the existing merger
      AFP; FILE PHOTO  -  270 words
    • 123 32 AP [PARIS] Paris' two international airports will install scanners and software as part of new security measures to identify airport employees and weed out fake passports, the government said. Interior Minister Nicolas Sarkozy announced the new measures on Saturday after surveying existing security
      AP  -  123 words
    • 1612 32 ott wan ro maw nt aw «a turn m> MM* 1MB IMS WWW MIW BB WW aM IWI WH IMS WM M *ast«r«M S02) 0635 6*974 0U0 rII S0803 WO C2352 0*35 HJ37 1535 *1838 2130 g» 2285 048 M VW741 1325 S0/W176 #35 m mm
      1,612 words
    • 323 32 Pacific island of 20,000 people hopes to corner a share of the tonrist market Reuters [SYDNEY] The tiny Pacific nation of Palau could soon see its own airline take to the skies, hoping to cash in on Asian tourists visiting its tropical island
      Reuters  -  323 words