The Business Times, 8 April 2004

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Microfilm: NL25538
Total Pages: 36
1 36 The Business Times
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  • Title Section
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    17 1 MITA (P) 023/03/2004 850 THE BUSINESS TIMES S INGAP ORE Internet: http://business-times.asial .com.sg THURSDAY, APRIL 8, 2004
    17 words
  • Article
    Lock icon S'pore Inc is cutting it for foreign IPOs
    831 1  -  BT exclusive Emerging trend raises companies' accountability to local shareholders By Serena Ng [SINGAPORE] Encouraged by recent changes in the local corporate tax regime, a growing number of overseas companies listing here are doing so via Singaporeincorporated vehicles instead of using Bermuda-reg-istered
    831 words
  • Article
    Lock icon MARKETS
    76 1 sn 1,884.43 (+2.76) ST INDEX FUTURES 1,878.00 (-12.00) SIMSCI 227.98 (+0.22) SIMSCI FUTURES 227.70 (unch) Wednesday Change KLSE COMP 882.34 -1.82 NIKKEI 225 12,019.62 -60.08 HANG SENG 12,920.05 +33.08 SET INDEX 698.82 -11.07 JAKARTA COMP 774.39 +2.85 MANILA COMP dosed.: TAIPEI WPI 6,646.74 -IliO SEOUL COMP 909.93 +3.74 SHENZHEN
    76 words
  • Article
    Lock icon FINANCE
    73 1 FOREX RATES US* SS USS (SS per USS) 1678 £(USS/SS per 1.840 3.087 EURO(i:SS/S$/E). 1.209 2.028 YEN 105.6 62.90 RM 3.800 2.265 HK$ 7.795 4.646 BAHT 39.10 2330 RUP1AH 8,576 5,111 RENMINBI 8.299 4.946 INDIAN RITEE 43.52 25.94 AS 1.313 0.783 NZS 1.523 0.908 PRIME RATES SINGAPORE 5.25 MALAYSIA
    73 words
  • Article
    Lock icon Wall St looks to strong Q1 earnings for a boost
    941 1  -  Bat anything less than stellar results could lead to selling From Andrew Marks in New York WALL Street has officially turned the spotlight on this season's earnings reports and the companies' guidance for future quarters that often accompany the results
    941 words
  • Article, Illustration
    Lock icon SIA must cut costs by up to
    827 1  -  Move needed to meet airline's target of 8% return on capital By Ven Sreenivasan [SINGAPORE] Singapore Airlines will have to cut costs by as much as 20 per cent or $1.6 billion a year to remain economically viable in the long term, its
    827 words
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  • NEXT page
    • Article
      Lock icon MCL Land is finally releasing MeraPrime condo
      419 2  -  Choice 99-year project could help draw buyers and revive home sales By Kalpana Rashiwala [SINGAPORE] Jaded househunters may have something to wake up to this long weekend. MCL Land has finally decided to go ahead with releasing its much-awaited MeraPrime condo, a move
      419 words
    • Article, Illustration
      Lock icon MAS likely to maintain neutral Sing dollar policy
      559 2  -  Still, local currency could strengthen against US dollar by year-end: analysts By Larry Wee [SINGAPORE] The Monetary Authority of Singapore is likely to keep its current neutral zero appreciation policy for the Singapore dollar when it issues its semiannual monetary policy statement
      Source: JP Morgan  -  559 words
    • Article, Illustration
      Lock icon Small Indon parties poised to be the new power brokers
      799 2 MEWS ANALYSIS Smaller parties with anti-graft stance may end up with big say in next government AP, Reuters INITIAL results from parliamentary elections point to a realignment of Indonesian politics that spells trouble for President Megawati Sukarnoputri's hopes for re-election
      AP,; Reuters; REUTERS  -  799 words
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      143 2 Value Chain Is More Than Just Supply Chain This win b«lw topic of the Opening Address by: Mr Mourad Mankarios, Chairman CEO, Philips Electronics Singapore Pte Ltd There will also be a SCOR Workshop on 6-7 May 2004 by Mr Scott Stephens, Chief Technology Officer, Supply Chain Council, USA for
      143 words
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      190 2 Call toll-free 1800 2*9 8822 W G%S I GAVS Information Services Pvt. Ltd. is a leading international IT BPO solutions and services provider headquartered at 'Chermai in India. GAVS is acknowledged for offering innovative and superior value-priced services to large corporate clients from different sectors. The ability to consistently offer
      190 words
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      65 words
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  • SINGAPORE companies
    • Article
      Lock icon Temasek sells $792m of Keppel exchangeable bonds
      543 3  -  Transaction may dilute its stake in group by one-third in five years By Loh Hui Yin IN just one hour on Tuesday, Temasek Holdings sold $792 million of bonds that can be exchanged for Keppel Corp's shares, a transaction which may result in
      543 words
    • Article, Illustration
      Lock icon SPH shares soar on capital reduction news
      408 3 NEWS of Singapore Press Holdings' proposed 5-for-l share split and a capital reduction sent the stock of the media group soaring yesterday by up to $1.60 or 8.3 per cent to $20.90. And helping to fuel the rise were bullish reports by brokers.
      Source: Bloomberg  -  408 words
    • Article, Illustration
      Lock icon ST Engg posts Q1 profit of $70.5m
      496 4  -  4% fall due mainly to 29% drop in sales at land systems unit By Tang Weng Fai SINGAPORE Technologies Engineering came close to market expectations, posting yesterday a first-quarter net profit of $70.5 million. The year-on-year fall of 4 per cent in net
      FILE PHOTO  -  496 words
    • Article
      Lock icon Stats merger with ChipPAC spells higher capex in 2004
      429 4  -  By Serena Ng ST Assembly Test Services's acquisition of US rival ChipPAC will mean higher capital expenditure this year for the merged group and this could weigh down on Stats' emerging recovery story, its filings with the US Securities and Exchange
      429 words
    • Article
      Lock icon Analysts should always call a spade a spade
      780 4  -  HOCK lock siew r. sivanithy LESS than a week ago, hard disk drive stocks Brilliant Manufacturing and Magnecomp International were rated "buys" by several local brokers. In Brilliant's case and following a briefing by management—target prices of $1.06-$1.09 were set, while for
      780 words
    • Article, Illustration
      Lock icon CityDev unit may redeploy assets in Asia-Pacific
      490 4  -  Millennium Copthorne may sell hotels in other markets By Vince Chong MILLENNIUM Copthorne Hotels, the Londonlisted arm of City Developments, may sell assets in markets where it has a heavy presence and redeploy the proceeds in the Asia-Pacific. The group's deputy chairman John
      490 words
    • Article, Illustration
      Lock icon Stake sale by Links couple triggers offer
      510 5  -  Founder and wife selling more than half of their controlling stake By Serena Ng LINKS Island Holdings' chairman Winstedt Chong and his wife Cynthia Tan are selling more than half of their combined controlling stake of 65.73 per cent in the marine dredging
      FILE PHOTO  -  510 words
    • Article, Illustration
      Lock icon Devotion buys Guangzhou firm for US$5m
      380 5  -  Purchase will give it access to growing consumer market in China By Chen Huifen HEATING equipment specialist Devotion Eco-Ther-mal has announced the 100 per cent acquisition of Guangzhou Devotion Domestic Boiler Manufacturing (GDD) for US$5.O4 million. The purchase, to be funded internally and/or through
      380 words
    • Article
      Lock icon CapitaLand enters Thai home market with a bang
      442 5  -  It makes joint purchase of prime freehold site for condo development By Andrea Tan CAPITAL AND has made its foray into the Thai residential market with the purchase of a prime freehold site together with Thai liquor tycoon Charoen Sirivadhanabhakdi and is
      442 words
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      38 3 f &MHHT 11 7 IB exclusive unrts only 'CL Foreigners Eligible «jL> w Walking distance to Orchard Road 13 0 C air n h 111 Road Immediate Occupation Pyramid Hiil Properties Pie Ud VX1)Sl K 9858 2883 070^
      38 words
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      107 3 fi i! \MagMlj Jk flSSt SX1. The All In One. News Finance Video Trailers tiJtn i Uptothe fl I The latest u Df s «—*«w u nVusic vldeos BtOHHHR ivhukpt data fl i I—- previewed L s.t Qi I m of Q? straiq-ht to n <$ your hand. f, HlfcBa—
      107 words
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      887 4 KINGSMEN CREATIVES LTD. (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of KINGSMEN CREATIVES LTD. will be held at 3 Changi South Lane Singapore *****8 on Monday, 26 April 2004 at 10.30 a.m. for the following purposes:AS
      887 words
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      746 4 Swiss Private Banking since 1841 KINGSMEN CREATIVES LTD. (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Kingsmen Creative* Lid. ("the Company") will be held at 3 Changi South Lane Singapore *****8 on 26 April 2004 at
      746 words
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      179 5 cabin styling a the advantage noveKy... Ch^ CEFIRO SHlFT_the future Vfc fx Bukit Timah: Tan Chong Motor Centre, 91 1 Bukit Timah Rd. General Dealws: Auto Mega Trading Pte Ltd 50 East Coast Road, ♦01-89/90, Katong Roxy Square 2. Tel: 6344 2882 Hong Heng Co Pte Ltd Tanrnnnr r t
      179 words
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  • SINGAPORE markets
    • Article
      Lock icon BROKERS TAKE
      694 6  -  Compiled by VEN SREENIVASAN Singapore Press Holdings Apr! 7 dosing: $20.50 SPH stock should re-rate on the back of a capital restructuring exercise. Current shareholders would receive $2,865 per share in cash in June, the promise of another $3 per share or so in potential future cash payouts,
      694 words
    • Article, Illustration
      Lock icon DBS seen gaining from Wing Lung Bank sale
      348 6  -  HOT STOCK WARRANT By Teh Hooi Ling DBS Group's divestment of Wing Lung Bank in Hong Kong is seen as a positive move, said Phillip Securities Research. DBS is the fourth largest banking group in Hong Kong and appears to be less
      Source: Bloomberg  -  348 words
    • Article, Illustration
      Lock icon SPH supports index; tech stocks get hammered
      512 6  -  BT comment STOCKS r. sivanithy IT'S not often that a defensive stock like Singapore Press Holdings (SPH) takes centrestage in the local stock market, but thanks to the generous capital reduction/repayment plan the company announced on Tuesday and given the sudden worries over
      Source: Bloomberg  -  512 words
    • Article, Illustration
      Lock icon US$ loses initial gains against yen
      380 6 But greenback maintains its rises against euro AFP [TOKYO] The US dollar lost initial gains against the yen in Asian trading yesterday after Moody's upgraded its rating on Japanese govern-ment-backed foreign currency bonds, dealers said. The US dollar slipped to 105.65 yen in afternoon
      AFP; REUTERS  -  380 words
    • TRADES TO WATCH
      • Article, Illustration
        Lock icon TPA Strategic CEO sells 4.3% stake
        141 6 THE chief executive officer of TPA Strategic Hold- ings, Chan Nyuk Lin (right), yesterday sold 5.75 million shares in a married deal at 26 cents per share. The sale of the 4.3 per cent stake in the aircraft components distributor reduced Mr Chan's direct
        141 words
      • Article
        Lock icon Multivison chairman reduces stake
        88 6 THE non-executive chairman of Multivision Intelligent Surveillance, Terence Luk Chung Po, on March 30 and April 5 transferred a total of 3.6 million of his shares, on both occasions to a business associate. The transactions reduced Mr Luk's direct shareholding in the digital video surveillance products
        88 words
      • Article
        Lock icon QAF vice-chairman raises shareholding
        70 6 THE non-executive vice-chairman of QAF, Andree Halim, on April 6 bought 400,000 shares of the investment holding company from the open market at 52.5 cents apiece. The purchase raised the stake of Mr Halim, who is also QAF's controlling shareholder, to 53.4 per cent, or around
        70 words
      • Article
        Lock icon Schroders ups Utac stake, cuts Seksun
        105 6 FUND house Schroder Investment Management raised its shareholding in chip tester United Test and Assembly Center (Utac) from 5.2 per cent to 6.8 per cent between April 1 and 5, but cut its deemed stake in components manufacturer Seksun Corporation to just below 9
        105 words
      • Article
        Lock icon Fidelity raises People's Food stake
        61 6  -  Compiled by SERENA NG US fund manager Fidelity International has raised its deemed shareholding in People's Food Holdings to 12.12 per cent from 11.03 per cent. It acquired around 12.34 million shares in the Chinabased meat producer between March 5 and 31 in market transactions.
        61 words
    • Article, Illustration
      Lock icon Untitled
      423 6 OTHER SINGAPORE INDICES Apr 7 VALUE CLOSE BT OB/OS 330.00 -35.00 BTCADI -*****.00 -53.00 BT 10-day MA +33.00 AJI-SG Equities 508.61 -0.27 SG Equities Elect 185.85 -H.41 SG Equities Fin 1505.79 -5.92 SG Equities Prop 463.22 +0.01 SIMSCi 227.96 +0.22 SiMSCi Futures 227.70 unch Stocks Votara Bio-Treat HK40c 55,887,000 KlVentures
      423 words
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      99 7 (Jl Service one of the many reasons why premier hotels use 002. Mm f m. Wl I 1 W *gm |k \\i Mai Tf MM ml www ''w J|\ HJh It fei''' jßj thr 1 tl* I ■Fi Si Li r\*e f,. ll9f p. ■&<•■•*••■ OfeO > ill wliiTnl Nt
      99 words
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  • BLUEchips
    • Article, Illustration
      Lock icon Wing Tai's big test is yet to come
      865 8  -  The uncertainty surrounding property market recovery poses a big question mark for its upcoming 778-unit condo, says WONG WEI KONG WONG WEI KONG WING Tai Holdings may be the smallest property stock in the Straits Times Index (STI) but its performance has
      Source: Bloomberg  -  865 words
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      1850 8 o INTERNATIONAL FACTORS (SINGAPORE) LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of International Factors (Singapore) Ltd will be held in the IFS Boardroom at 7 Temasek Boulevard #10-01 Suntec Tower One Singapore *****7 on Tuesday 27 April 2004 at 10.30 a.m.
      1,850 words
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      Lock icon Page 8 Advertisements Column 2
      1366 8 ACTION ASIA LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ACTION ASIA LIMITED will be held at Raffles Hotel, Casuarina Suites, 1 Beach Road, Singapore *****3 on 27 April 2004 at 9.30 a.m. to transact the following businessAS ORDINARY
      1,366 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Asean to hold joint investment roadshows
      456 9  -  First marketing effort may be as early as Sept in New York By Siow Li Sen ASEAN will take to roadshows to remind investors of the opportunities in the region and its strides on the reform front since the financial crisis seven years ago.
      AFP  -  456 words
    • Article
      Lock icon No need to review ringgit peg
      185 9 THERE is no convincing reason to review the ringgit peg of 3.8 to the US dollar, Malaysia's Second Minister of Finance, Nor Mohamed Yakcop, said yesterday. He was responding to a question about the peg at a news conference marking the conclusion of the
      185 words
    • Article
      Lock icon Ad spending up 5% last year despite gloom
      447 11  -  EYE ON THE ECONOMY Bigger boost for entertainment, beauty, fitness and grooming products By Chen Huifen DESPITE Sars and other events that dampened consumer sentiment last year, gross advertising expenditure in Singapore grew 5 per cent from 2002 to $1.7 billion. According
      447 words
    • Article
      Lock icon Carrier opens $20m plant plans to double capacity
      248 11  -  By Uma Shankari CARRIER Corporation, a wholly owned subsidiary of United Technologies Corporation, officially opened its new refrigerated container plant in Jurong yesterday. Carrier invested $20 million in the Singapore plant as part of its strategy to double production capacity once the
      248 words
    • Article
      Lock icon COE premiums surge across the board
      231 11  -  By Samuel Ee PREMIUMS for all vehicle categories rose sharply yesterday on a combination of factors, including improving buying interest and a lower supply of COEs. A certificate of entitlement for Category B cars above 1,600 cc surged $2,943 to $28,001, while Cat E
      231 words
    • Article, Illustration
      Lock icon S'pore should become a risk management hub
      365 11  -  MAIL bag Chong Kim Seng Singapore WHILE our role as a manufacturing base is diminishing, we can play a significant role as an international financial and money management centre. However, in promoting Singapore as a financial hub, the government has neglected the role
      AFP  -  365 words
    • Article
      Lock icon Employers, engage your staff
      222 11  -  Thomas Goh Project Director ISR I REFER to the report "Days of job-hopping are here again" (BT, March 30). A study by ISR has shown that Singaporeans are more satisfied with their jobs than the companies they work for. In other words, they are loyal to
      222 words
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      801 9 NOTICE IS HEREBY GIVEN that the Annual General Meeting of Lafe Technology Limited ("the Company") will be held at Meeting Room 1. M Hotel. 81 Anson Road. Singapore *****8. on 30 April 2004 at 4.00pm to transact the following businesses: AS ORDINARY BUSINESS 1. To receive and adopt the Directors'
      801 words
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  • EXECUTIVE suite
    • Article
      Lock icon Breathing new life into old medical hall
      565 10  -  Clarke Quay revamp, new MRT station seen benefiting Thong Chai By Vince Chong PERHAPS some older people didn't like a 112-year-old medical hall being transformed into a nightspot and prayed for the new businesses to fail? Or maybe the three businesses that have
      565 words
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      1788 10 urong Engineering Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 33rd Annual General Meeting of the Company will be held at the Board Room, 25 Tanjong Kling Road, Singapore *****0, on Tuesday, 27 April 2004 at 10.00 a.m., for the following purposes: As Ordinary Business: (1)
      1,788 words
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      Lock icon Page 10 Advertisements Column 2
      51 10 (ftv I 1 Spring Court \r- ,n,n I The Oldest \r« Chinese RestmmrmMt in X, _Jr Singapore since 1929. 74 Anniversary Special PEKING PUCK Limited to one per table with arin. order of <50 onward*. $22.60« per pax. $16++ for children under 12 yra. Weekdays Dinner Weekends Public Holidays Lunch
      51 words
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      246 10 TERRACE ON THE PARK CHRISTCHURCH, NEW ZEALAND BEALY AVENUE MM SALISBURY ST PETERBOROUGH ST If v /o?S^£ rvirm H> KILMORE ST llHct i VHTv 1 ■XMK B MH| 1 41 I|^^ ■n N p^--ARMAGH ST bfl |L ■flpl 15 completed Freehold units available for sale Prices from NZ5295,000, car park
      246 words
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      Lock icon Page 10 Advertisements Column 4
      119 10 PRIME LANDED SITE FOR SALE DY TENDER Gerald Drive (off Yio Chu Kang Rd) 3,644 sqm (39,224 sqft), regular shape Zone 3-storey mix landed, 999 years Tender closing 4pm on Thursday, 6 May 04 Jacky Chan <§> *****828/*****553 Recruit from a wider audience Call MOO 209 0022 or email recruit@sph.conug
      119 words
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      162 11 vulCain MANUFACTURE DEPUIS 1858' "Wilcuin Cricket, the uorld's first mechanical alarm-it «k /i. Since IV47" 22 23 I \wo&- $r Cricket Aviator QMT j3{£^C*% \i I'l h.Hiii .il aLirm w .i ti h wit li i>rkl t inu ;u t i\ .it i' J h\ .1 mnvn .tt t lie
      162 words
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      138 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Fight terror in Pakistan — not Iraq
      729 12  - Fight terror in Pakistan not Iraq THE bottom line OPINION leon hadar THERE is an element of the theatre of the absurd in the acrimonious debate on 9/11 taking place these days in Washington Lawmakers and pundits are arguing about what, if anything, could have been done to prevent the
      729 words
    • Article
      Lock icon IN OTHER WORDS
      92 12 'America has shown its evil intentions and the proud Iraqi people cannot accept it. They must defend their rights by any means they see fit.' Muqtada al-Sadr a rebel Shiite leader, calling on his followers to keep up the fight against occupying US forces. 'We tried to
      92 words
    • Article
      Lock icon Political space for Hong Kong
      545 12 EDITORIAL IF THE people of Hong Kong had any lingering doubts about who their political masters were, Beijing's interpretation of the Basic Law (Hong Kong's mini-constitu-tion) should put them to rest In the ruling announced in Beijing on Tuesday, the National People's Congress Standing Committee
      545 words
    • Article, Illustration
      Lock icon Is the US employment report a turning point?
      927 12  -  Take a look beyond the headline numbers, and details emerge that are far from encouraging. The US labour market is still fragile By V Anantha Nageswaran THE United States non-farm economy created 308,000 jobs in March. It also created more jobs in
      AFP  -  927 words
    • Article
      Lock icon Fodder for Bush
      666 12  -  COMMENTARY China's human rights record can be used for almost any political purpose By Frank Ching A CURIOUS thing happened on China's human rights front last week. Three women, part of the Tiananmen mothers group of activists headed by Ding Zilin, were arrested, causing international consternation. The
      666 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      176 12 CRYPTIC CROSSWORD 26 Anatole perplexed about number of newty-born (8) 8 Insinuation that Ned was YESTERDAY'S SOLUTION DOWN drunk in union building (8) Across: 1 Grenada, 5 Shylock 12 Fill to excess at a splendid g Asphalt 10 Arrainn n nid 1 End up with little Scottish va- price! (11)
      176 words
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      426 13 TP nßfcL CaL-. <&&&' k 'jH ■I J^Hi 1 J| <- -v*. S^h jfl lflH^B^^^^Bl^^^H^9l^9E v CULINARY MASTERCLASSES POST GALA DINNER WRIT WftH DWAS REGAL '%hi>f,i' a s :v §BT*^®&k- tv* j. f A <*fey*£**• r **""> i t®?i 'ffir?^r^flCTßHi > V»-%' "fSwl- y^^FyF^^S^W^s^ IDite2o 29ADril2(»4tT1mc630DmtD8j00Dmfc*ceotfbrSatuRi8v D^°^l^ N CiiM/4m<\ I
      426 words
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  • REGIONAL news
    • Article
      Lock icon EGM called to remove almost entire board of MPlant
      404 14  -  Key players are associates of ex-finance minister Daim Zainuddin From Eddie Toh in Kuala Lumpur PROBLEMS are brewing at Malaysian Plantations (MPlant) even before Singapore investment company Temasek Holdings has succeeded in a rumoured bid for a substantial stake in the
      404 words
    • Article
      Lock icon Thailand limits foreign stake in state firms to 25%
      256 14 BANGKOK AFP THAILAND'S Cabinet yesterday endorsed a 25 per cent cap on foreign holdings in privatised state enterprises, including the largest energy utility EGAT, in order to safeguard Thai ownership, the finance ministry said. "For any individual Thai or foreigner they
      AFP  -  256 words
    • NOTEBook
      • Article
        Lock icon Big demand lor ICICI share issue
        91 14 Bloomberg [MUMBAQ ICICI Bank Ltd, India's second largest commercial bank, received demand for four times the number of shares if s selling to raise as much as 35 billion rupees (511.3 billion). Investors ordered 4863 million shares, compared with the 119 million shares on
        Bloomberg  -  91 words
      • Article
        Lock icon UMC poets 27% rise in March sales
        58 14 Reuters [TAIPEI] Taiwan's United Microelectronics Corp (UMC) yesterday reported strong March sales as tech demand in key markets like the US steadily grows. March revenues surged 27.6 per cent from a year earlier to NT$9 billion (*****.2 million), UMC said The figure beat
        Reuters  -  58 words
      • Article
        Lock icon HSBC warns against fraud website
        85 14 Bloomberg [HONG KONG] HSBC Holdings, the world's second biggest lender by market value, Is telling its customers in Hong Kong to be wary of a fraudulent website replicating its pages and services, the latest fake bank website in the city. The Hong Kong Monetary Authority
        Bloomberg  -  85 words
      • Article
        Lock icon Myanmar embassy attacked in KL
        68 14 AFP [KUALA LUMPUR] A diplomat was badly wounded by an axe-wielding attacker when a group of enraged refugees set fire to the Myanmar embassy here yesterday, officials said. The diplomat, a counsellor, was hospitalised with severe wounds to his head and hands and the embassy
        AFP  -  68 words
    • Article, Illustration
      Lock icon India's biotech queen strikes it rich with IPO
      573 15 Biocon market cap crosses US$1.1b, making her India's wealthiest woman Reuters [BANGALORE] Kiran Mazumdar Shaw probably became India's wealthiest woman yesterday after shares of Biocon Ltd, the biotechnology company she pioneered, had a blockbuster opening on the Bombay Stock Exchange. For Ms
      Reuters; REUTERS  -  573 words
    • Article, Illustration
      Lock icon More HK homes being flipped for profit
      439 17 HONGKONG Bat trend seen dying off as prices are reaching ceiling SPECULATIVE activity in the property market is heating up, with the number of transactions conducted by confirmors reaching the highest level since November 1997, according to realtors, reports the South China Morning
      REUTERS  -  439 words
    • Article
      Lock icon Possible bribery case at Lucent China unit
      204 17 NEWARK, New Jersey Four executives fired after probe unveils incidents AP TELECOMMUNICATIONS gear maker Lucent Technologies said it was firing four executives at its unit in China after finding possible violations of US bribery laws. Lucent said its investigation in China was among
      AP  -  204 words
    • Article
      Lock icon China to ban banks from making related party loans
      425 17 BEIJING It is also moving to bar loans for investments in stocks, derivatives Bloomberg CHINA issued rules restricting banks from lending to management or other related parties and proposed barring loans for investment in stocks or derivatives, moving to shore up
      Bloomberg  -  425 words
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      377 words
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      85 words
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3936 15 UNIT TRUSTS FUNDS SBSel Eqty Dividend Pf 04 (SGO) 0.9784/ SB Sri Eqty Dividend Pf 04 (USD) 0.9892/ AIM Amro Asset Mgt (S'pora) Commenbank Asset Mgt Star Europe Eqty! 0.737/ Com Global Finance Index Fd 0.991 Sta Europe Bond 1.226/ Com Global Lifestyle Index fd 0.9981 Star Ei*ope Bal 1.045/
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      50 15 I* Sale I From 9 to 12 April 2004 Isetan Scotts, Level 1 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Notices I I PIMCO Total Return Bond Fund rated 5-star by Mercer Investment Consulting Allianz (jfi) Dresdner Asset Mdiid^ement
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      1905 16 Notices liWWWMiHHM Trsjc Trek 2000 International Ltd NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Trek 2000 International Ltd ("the Company") will be held at 30 Loyang Way #07-13/14/15 Loyang Industrial Estate, Singapore *****9 on Friday, 23 April 2004, at 10.00 a.m. for
      1,905 words
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      290 16 In the matter of the Companies Act, Cap. 50 And In the Matter of PORCUPINE PTE LTD (In Creditors' Voluntary Winding Up) NOTICE OF MEETING OF CREDITORS Notice is hereby given, pursuant to Section 296 and Section 297 of the Companies Act, Cap. SO, that the Creditors' Meeting of the
      290 words
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      1127 16 HI Alulti«Chem (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of the Company will be held at 11 Tuas Avenue 5, Singapore *****7 on Friday, 30 April 2004 at 11:00 a.m. to transact the following businesses: ORDINARY BUSINESS: 1. To receive and consider
      1,127 words
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      1992 17 I Notices /Jlgi I.R.E. CORPORATION LIMITED Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of I.R.E. CORPORATION LIMITED will be held at 123 Genting Lane, #07-01 Yenom Industrial Building, Singapore *****4 on Monday, 26 April 2004 at 2.00 p.m. for the following purposes:ORDINARY
      1,992 words
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      1334 17 mm, HEETON HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 60 Sembawang Road #01-02/03 Hong Heng Mansions Singapore *****8, on Monday, 26 April 2004 at 10.30 a.m., for the
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  • WORLD news
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      Lock icon Moody's upgrades Japan foreign-currency bonds
      371 18  -  More money could flow into Tokyo bourse a mixed blessing, say analysts From Anthony Rowley in Tokyo JAPAN'S economic recovery received further endorsement from international rating agencies yesterday when Moody's Investor Services raised the rating on government foreign-curren-cy bonds from double A to double A
      371 words
    • Article
      Lock icon US import prices up 0.9% in March on rising fuel cost
      396 18 LATEST US INDICATORS Reuters [WASHINGTON] US import prices rose by much more than expected in March as the cost of imported fuel jumped, while home refinancings were dampened by higher mortgage rates, new data showed yesterday. The price of
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    • WORLDWatch
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        Lock icon Third profit warning from Seagate
        106 18 Reuters [SAN FRANCISCO] Seagate Technology, the top US maker of computer hard disk drives, on Tuesday warned—for the third time this quarter—of disappointing results for the period, citing slower demand than normal for this time of year. Shares of Seagate fell 12 per cent in
        Reuters  -  106 words
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        Lock icon Lloyd's of London profit doubles
        107 18 Reuters [LONDON] Britain's Lloyd's erf London insurance market yesterday said its profit more than doubled last year to £1.89 billion (Sss.B billion) on the back of strong pricing and low claims. Strong demand, given rising global risks, and fewer natural disasters have bolstered the performance
        Reuters  -  107 words
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        Lock icon Music sales fall 7% to US$32b
        109 18 Bloomberg [LONDON] Global recorded music sales fell 7.6 per cent to US$32 billion last year, their fourth annual decline in a row, hurt by illegal copying and increased consumer spending on products such as video games and DVDs, said the International Federation of the
        Bloomberg  -  109 words
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        Lock icon Fiorina on NYSE's board of execs
        70 18 Reuters [NEW YORK] The New York Stock Exchange on Tuesday named the chief executives of two of its listed companies to its newly formed board of executives. The Big Board said it named Carly Fiorina, chairman and CEO of Hewlett-Packard, and Jeffrey Greenberg, chairman
        Reuters  -  70 words
    • Article
      Lock icon US Reits falling out of favour
      497 20 NEW YORK Stocks of real estate trusts take beating after strong economic reports Reuters SHARES of real estate investment trusts got pounded on Tuesday as higher interest rates made the trusts' dividends less appealing. Yields on US Treasury bonds hit threemonth highs on Monday,
      Reuters  -  497 words
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      Lock icon Telstra buys IT services firm Kaz for A$333m
      488 20 It's the second such deal outside its main business, which is losing share to Optus Bloomberg [NEW YORK] Telstra Corp, Australia's largest phone company, agreed to buy computer services company Kaz Group for A 5333 million (***** million) as chief executive Ziggy
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    • Article
      Lock icon Hedge funds making up major part of equity trade
      549 22  -  This is despite the fact they only represent 1.5% of global assets From Neil Behrmann in London HEDGE funds are accounting for a significant proportion of trade in global equity and bond markets. According to a study of Morgan Stanley, as
      549 words
    • Article
      Lock icon Unisys CEO to retire next January
      361 22 NEW YORK Reuters, Bloomberg TECHNOLOGY services and hardware company Unisys Corp said its long-time chief executive Lawrence Weinbach would step back from day-to-day operations immediately and leave the CEO job next January. Unisys, based in Blue Bell, Pennsylvania, said Joseph McGrath, who has been
      Reuters,; Bloomberg  -  361 words
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      1478 18 r QJADASON ENTERPRISES LTD (Incorporated In Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Jadason Enterprises Ltd ("the Company") will be held at Empress Room 1, Level 2, Carlton Hotel, 76 Bras Basah Road, Singapore *****8 on Tuesday, 27
      1,478 words
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      831 18 MICA DARCO WATER TECHNOLOGIES LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of the Company will be held at 18 Cross Street, Bth8 th Floor Marsh McLennan Centre, Singapore *****3 on Monday, 26 April 2004 at 10:30
      831 words
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      2143 19 ASIA FOOD PROPERTIES LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0619R NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of Asia Food Properties Limited (the "Company" or "AFP") will be held on Tuesday, 27 April 2004 at 2.00 p.m. at Concorde
      2,143 words
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      526 19 AC MA LTD (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Ninth Annual General Meeting of the Company will be held at the Registered Office, No. 17 Jurong Port Road, Singapore *****2, on Friday, 30 April 2004 at 4.00 p.m. for
      526 words
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      1356 19 FULL APEX (HOLDINGS) LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Full Apex (Holdings) Limited ("the Company") will be held at EDB Room, Fullerton Hotel, 1 Fullerton Square Singapore *****8 on 26 April 2004 at 10:00
      1,356 words
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      397 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THE TRADE VELOCITY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 18 Cross Street •08-03 Marsh McLennan Centre Singapore *****3 on
      397 words
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      878 19 n-n ft m m -a- g LnJ HUAN HSM HOUMNOS UD NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of Huan Hsin Holdings Ltd will be held at Raffles Hotel. Casuarina Suite A, Level 3 (via Seah Street entrance) I Beach Road, Singapore *****3 on Wednesday, April 28,2004
      878 words
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      1951 20 Notices «9 resources y (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Interra Resources Limited will be held at Meritus Mandarin Hotel, Mandarin Court C, 4th Floor Grand Tower, 333 Orchard Road, Singapore *****7, on Wednesday, 28
      1,951 words
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      1769 20 xmk tSSSQ ASA GROUP HOLDINGS LTD U HI U (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ASA GROUP HOLDINGS LTD ("the Company") will be held at Mandarin Singapore, Suite 831 South Tower, 333 Orchard Road, Singapore
      1,769 words
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      422 20 Call toll-free 1800 289 8822 Mll^otkesOspkcoHLsg IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 Section 290{2)(b) AND IN THE MATTER Of REEMARK SINGAPORE EXCLUSIVE PRODUCTS AND SERVICES PTE LTD (IN MEMBERS' VOLUNTARY UQUIDATION) NOTICE OF RESOLUTION At on Extraordinary General Meeting of the Company held at 50 Raffles Place
      422 words
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      20 20 Copycats beware! Protecting your patent? Call 1800 289 8822 or email notkesOsph.com.sg to book your advertisement in our newspapers now.
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      1507 21 Notices S+-+ OUJ V SHOWY INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 20 December 1991) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2004 Annual General Meeting of the shareholders of the Company will be held at 18 Cross Street Bth Floor Marsh McLennan Centre
      1,507 words
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      1174 21 mo metal component engineering limited 0 (Incorporated in the Republic of Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of METAL COMPONENT ENGINEERING LIMITED ("the Company") will be held at 2 Shenton Way. SGX Centre 1, Level 2 Podium (Auditorium) Singapore *****4 on Monday, 26
      1,174 words
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      2156 21 Notice of Annual General Meeting UNITED FIBER SYSTEM LIMITED (Incorporated in the Republic of Singapore! NOTICE IS HEREBY GIVEN that the Annual General Meeting of UNITED FIBER SYSTEM LIMITED (the "Company") will be held on 23 April 2004, at The Board Room, 103 Defu Lane 10. Poh Lian Building 1,
      2,156 words
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  • Article, Illustration
    Lock icon FINANCE
    1080 22 Transaction date: Apr 7 MTERBAMK CROSS RATES A$ C$ Rmb Euro HK$ Ind Ri Buplah Ytn Won RM HZS Pafc Rs Peso S$ Band Sfr HT$ Baht Pound US$ Australia 0.998 6.318 0.630 5.935 33.138 65.297 0.804 8.704 2.893 1.160 43.686 42.845 1.277 4.816 0.982 25.064 29.773 0.414 0.761
    1,080 words
  • Article
    Lock icon COMMODITIES
    1605 22 SICOM FUTURES Apr 7 RUBBER Futures (Closing prices) RSS1 (Scents/kg) Close Volume Open Month Nigh Low Sett (tonnes) Interest May 04 232.75 Jun 04 233.75 Jul 04 237.00 Aug 04 237.50 Sep 04 238.25 Oct/Dec 04 239.25 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
    1,605 words
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      3087 23 l 04') f tt 0 GREEN WORLD HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of the Company will be held at 6 Tuas View Circuit, Singapore *****9 on 27 April 2004 at 10.30 a.m to transact the following business:AS
      3,087 words
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      189 23 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MICHAEUS PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of Members of the Company will
      189 words
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      186 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SS FOCUS (1993) PTE LTD (INCORPORATED IN SINGAPORE) (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of
      186 words
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      2242 23 /Tpl CHINA TOLL BRIDGES ROADS LIMITED IBIR/ (Incorporated in Bermuda with limited liability) V/ NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of China Toll Bridges Roads Limited will be held on Monday, 10 May 2004 at 10:00 a.m. at Raffles City Convention Ceritre,
      2,242 words
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  • Article
    Lock icon STOCKS ASIA
    4661 24 Transaction date: Apr 7 I HONG KONG Vol HK Exchanges Clearing..17.20 0.05 2128 HKS *1- '000 HKR Intl 2 90 -0.03 2981 H K and China Gas 13.40 0.05 4801 Aeon Credit 5.65 unch 244 Hong Kong Electric 34.10 0.10 1226 Aeon Stores 6.15 -0.05 38 Hongkong Chinese
    4,661 words
  • Article
    Lock icon KLSE
    2281 24 Transaction date: Apr 7 KUALA LUMPUR SSfcZIIlS 23 2 RM W- COOOI Genting 17.50 0.10 1145 -—George Kent 0.85 -0.01 59 ASM Realty 1.72 -0.03 3 GtobetronicsTedi 7.60 035 921 Abric ..0.70 0.01 163 £2 ACP Industries .2.44 -0.04 15 BrdgeEngrg Advance Synergy 0.53 -0.02 615 Gglden frontier..... 0.86
    2,281 words
  • Article
    Lock icon SGX
    749 24 Transaction date: Apr 7 (*m <*—>[ W a- a—» MtawiOc 0J2 IAD -OjOIO NOi 1*7 12» -0*30 HLmeugOc 3 J# C.TB OOC til 12-200 -0.400 Cap*!** 123 1.TJ0 -0fl» HAim Hgc 0* 1.140 Ourt WMCond JOc 1ST 1700 -0.010 PMBte'i FoM HKSOc C.W 570 ♦OiCOO CUy D«v Sk 2.13
    749 words
  • Article
    Lock icon BONDS & WARRANTS
    690 24 BONDS WARRANTS Pram Entry Tal Last Voi Con* E*er Otat Gmt- Ml Coda Company SaU ♦or- COOP) Ratio Prin lag Uft 3779 ASL Marine Hldgs W*****1 19.5 1265 1 53 31 2-85 48 3698 ASTIW*****1 M unch 12 1 16 -2 1.40 2 3697 Acma Ltd W*****6 05 1 50
    690 words
  • Page 24 Advertisements
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      28 24 1 jjt fgL insiders'trades. Brokers'recommendations. Dividend table, 11 L lil S| 4 SS I IMIjS HMmHH The pages also cover t r ansaction* fry director* snd substantial shareholders.
      28 words
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  • BIZIT
    • Article, Illustration
      Lock icon Asia-Pac SMEs to spend US$100b on IT this year
      581 25  -  BT exclusive Region's IT spending growth of 19% will outstrip other areas, reports RAJU CHELLAM RAJU CHELLAM SMALL and medi-um-sized enterprises (SMEs) in Asia are set to spend as much as US$lOO billion on beefing up their infotech infrastructure and applications
      Source: AMI-Partner Inc  -  581 words
    • Article, Illustration
      Lock icon Creative's new slim player
      318 25  -  By Amit Roy Choadhory CREATIVE Technology's new portable audio player, the Creative MuVo Slim, gives new meaning to the saying "small is beautiful"; it is just 7mm thick and no higher or wider than a credit card but is packed with a host of features. The
      318 words
    • Article
      Lock icon Zooming into Net search engines
      890 27  -  BT exclusive Local firm BIGontheNet develops software to cluster search results By Amit Roy Choudhury THE irritation of having to sift through thousands of hits after doing a simple Internet search may become a thing of the past if a Singapore firm succeeds in its
      890 words
    • Article
      Lock icon Skype announces mobile Internet calls
      281 27 Reuters [WASHINGTON] Internet phone company Skype Technologies said on Tuesday it has developed a version of its free calling software for handheld computers, a move that could undercut existing mo-bile-phone carriers. Pocket PC owners with high-speed Internet access will be able to talk to other
      Reuters  -  281 words
  • Page 25 Advertisements
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      907 25 NTI International Limited (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of NTI International Limited will be held at Oxley Room, CEO Suite Pte. Ltd 37th Floor, Singapore Land Tower, 50 Raffles Place, Singapore *****3 on the 26th
      907 words
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      Lock icon Page 25 Advertisements Column 2
      1167 25 NOTICE IS HEREBY GIVEN that the Annual General Meeting of VIZ BRANZ LIMITED (the Company*) will be held at 14 Woodlands Link Singapore *****9 on Monday. 26 April 2004 at 10 00am tor the following purposes: AS ORDINARY BUSINESS 1. To receive and adopt the Directors' Report and the Audited
      1,167 words
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  • Page 26 Advertisements
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      6237 26 Notices A-SONIC AEROSPACE LIMITED (Incorporated in the Republic of Singapore) Company Registration No: *****1838G Registered Office: 10 Anson Road #24-07 International Plaza Singapore *****3 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 10 Anson Road #24-07 International
      6,237 words
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  • Article
    Lock icon SGX MAINBOARD
    6642 27 Transaction date: Apr 7 52-WV Td Lot Vol Day lastQuote GrOtv Dtv GrVM Not MCap High Low Cock Company Sato fOBO) HMfr Iam »uyr SoMr Cvt fit Smll 57.9 32.9 5834 A-Sonit 42.5 unch 508 43 42 42.5 43 5 N9.7 0.6 15.1 143.9 8 5300 ABNAmroNLG 56c
    6,642 words
  • Article
    Lock icon SGX XTRANET
    68 27 a* Tal Last Vol Day LM Quota GrtMv M* GrVW MM MCap Urn Coda Cmwaai tata W- C»Mt «0I U» >w> Sa»ar Cw Ht fc»S 2060 2000 6065 Diamonds US2060 2120 ***** 6095 ISDJUSTech US3740 6097 ISMSaSoore US555 6101 ISSAPS00 US8270 ***** 9650 6170 STORS US***** 1905 1264
    68 words
  • Article
    Lock icon SGX SESDAQ
    2025 27 52-Wk M List Vel Day UetQaete GKMv Dt» GrTkf MM MCap MWl tew Cede Cl—ll> Me W- e»M| tew —yer Se»w Cw Wt jO* 26 7.5 5000 ABR Hldgi5c 15.5 -05 40 15.5 15.5 15.5 18 29.9 42 15 2101 APOiISc 31 30.5 315 5 N9.1 05 12
    2,025 words
  • Article
    Lock icon CLOB INTERNATIONAL
    349 27 S2-Wk T* Last Vol Day Last Quote GrOiv Dhr GrYld Net MCac High low Coda Cowpawy Sat* *l■ COOO) H>gh Low Invar Sa«f Cvr HE Sam 228 104 6000 AVJennings A25c A216 -9 243 224 213 214 216 40 8 8 4.6 8.2 464 9 6001 Cathay Pac
    349 words
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  • Page 28 Advertisements
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      311 28 ■»>.> r „< \t) 4 m _Js^-3*i «v v mm \»v \o> s M 9 i \v\ A pi- .wj-^^* ."Q iJb 8 Ell j I 13 m II ™p I Htfi I J ||l I II 111 i I j Afl HBBM^^^HH^^^^^HpsS^ifiHgiflK Hi I I'Hb IS*D I"k |s: ill
      311 words
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  • SHIPPING TIMES
    • Article
      Lock icon TANKER RATES
      307 29 Bloomberg PERSIAN Gulf oil tanker rates for shipping crude to Asia rose as oil companies and traders rushed to book vessels for May before the Easter holidays in Europe. Idemitsu Kosan Co, Japan's second-largest oil refiner, booked a two-million-barrel tanker to load on May 5, shipbrokers PF Bassoe,
      Bloomberg  -  307 words
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      Lock icon TRANSPORT STOCKS
      278 29 SGX '000 Apr 7 SS Vat CH Offshore 0.44 0.02 ***** Chuan Hup .0.54 0.01 2361 Cosco Investment 1.07 0.04 ***** CWT Distribution .0.55 0.02 47 Ezra Hldgs 1.23 -0.02 1001 Freight Unks .0.12 unch 140 G8 Holdings .0.72 unch 26 Java Holdings 0.92 -0.01 3965 K1 Venture...
      278 words
    • Article, Illustration
      Lock icon Caribbean voyage
      57 29 [FORT LAUDERDALE] Guests aboard the new Caribbean Princess watch a video an the outdoor 300-square-foot electronic screen, following the vessel's maiden voyage departure from Fort Lauderdale, Florida, early this week. The USs4somillion, 3, lUfrpassenger vessel is the first ship dedicated to year-round Caribbean voyages for Los Angeles-bamfPrmcess Cruises.
      AFP  -  57 words
    • Article
      Lock icon Ezra orders US$11m newbuilds to capture growth
      263 29  -  Beth Jinks [SINGAPORE] Singapore offshore support and marine group Ezra Holdings has ordered US$ll million in newbuildings from Hong Kong's Cheoy Lee Shipyards to meet demand from the booming oil and gas industry. Ezra, which builds its own vessels but has faced such
      263 words
    • Article
      Lock icon Aussie watchdog acts to bridle rate setting body
      217 29  -  By Beth Jinks [SINGAPORE] Australia's competition watchdog has made a preliminary recommendation to scrap part of the anti-trust immunity enjoyed by shipping line members of the rate setting AsiaAustralia Discussion Agreement (AADA). A six-month investigation by the Australian Competition and Consumer Commission
      217 words
    • Article
      Lock icon Pirates attack cargo ship off Irian Jaya
      186 29  -  Beth Jinks [SINGAPORE] Armed pirates attacked the master of a general cargo ship after firing near the vessel in Indonesian waters and demanded US$5,OOO for the release of two officers, the International Maritime Bureau's (1MB) Piracy Reporting Centre said. A report filed with
      186 words
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      Lock icon ISPS shirkers risk insurance hazards
      619 29 Non-compliant ships, ports will be at commercial disadvantage too: TT Club exec By Donald Unguhart [SINGAPORE] Ports and terminals which fail to meet the July 1 deadline for mandatory ISPS Code compliance risk legal and commercial danger, according to a senior executive with the world's
      619 words
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      Lock icon PSA expands wharves as ro-ro traffic soars
      264 29  -  Beth Jinks [SINGAPORE] PSA Corporation says its transhipment vehicle or ro-ro traffic has doubled over past three years to almost 400,000 car units passing through its multi-purpose terminals annually. PSA said the strong growth in "roll-on-roll-off" transhipment had prompted an upgrade and expansion
      264 words
    • NEWBUILDS
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        Lock icon Cruise shipbuilding in the doldrums
        521 30  -  By David Hughes ITALIAN shipbuilder Fincantieri has something to celebrate following the announcement by Carnival Corporation that it has ordered a US$46B million cruise ship for delivery in 2007. The latest newbuilding to be ordered will be run by Cunard as the Queen Victoria while
        AKP FILE PHOTO  -  521 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      114 30 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 China Shpg 5 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 ECL 3 Far Shpg 5 Foong Sun 5 Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 Indotrans
      114 words
    • Article
      Lock icon SHIPPING GUIDE
      7152 34 THEBUSINESSTIMES EXPORT rnmrxw w ETA ETA Advertiser Vessel Voyage Tetephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 27/04 It/OS China Shpg CMA CCM NORMANDIE NXOIOW 65-*****098 To ABIDJAN (ABJ) 2003 Cota 0'I voir* 03/05 26/05 Chine Shpg
      7,152 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        629 35 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ASANTE V010 J15/16 A/SIDE 08/04 1800 BAYSWATER338 E4090 J3 A/SIDE 08/04 0200 ID COMMANDER 5 J4/5 A/SIDE 08/04 0800 PULAU NANAS 02/04 J3 A/SIDE 08/04 1100 SURYA NAWA9 282 J13 A/SIDE 08/04 1500 TIRTASARI 25/04 J11 A/SIDE 08/04 0400
        629 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1717 35 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing (In- Berth Name Voy Voy seq berthing Nmbr ACX ULAC 064S 064S 1 11/04/2004-15:00 12/04/2004-07:00 ACX MARGUERI 029N 029N 1 10/04/2004-1530 11/04/*****330 AL MUTANABBI C289W C289W J 1 0/04/2004 15:00 11/04/2004-04:00 ALAMJAYA 2 8890N 8890N 1 09/04/2004-23:59 10/04/*****7:59
        1,717 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        141 35 Apr 8 Norway: Maundy Thursday. Philippines: Maundy Thursday, Sweden: Maundy Thursday. Apr 9 Sweden: Good Friday. Singapore: Good Friday. Philippines: Day of Valor. Norway: Good Friday. NZ: Good Friday. Indonesia: Good Friday. India: Good Friday. HK: Good Friday. Australia: Good Friday. Switzerland: Good Friday. f/S.Good Friday. Apr 10
        141 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        810 35 THIS report, compiled by Cockett Ma rine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        810 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        476 35 *Kj tensity Water Reskhw AshAlumlnluni Sedlwnt ttoabwe E25 °'o °'°o *0 °'°0 %M/M 380 Ave 983.6 02 12.7 0 04 25 0 02 SSI fc£« 990 0 9 °0 4 n 7 °°l iSO/Cimac limits Spec E25 991 10 15.0 0.10 80 0.10 WAWf 180 Ave
        476 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon EU urged to accept partial airline pact
        601 36 Seize the moment or risk a long wait for another chance, says US official Bloomberg [BRUSSELS] The European Union, which wants a full opening of the US$lB billion trans-Atlantic airline market, should settle for less initially or risk the breakdown of "open skies"
        Bloomberg; AP  -  601 words
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        Lock icon TBI passenger count up 13% in Q4
        456 36 Growth of easyJet, Ryanair a boost for airport operator Bloomberg, Reuters [LONDON] TBI Pic, which owns London Luton Airport, said the passenger count at its four European airfields rose 13 per cent in the fiscal fourth quarter, on growth in low-fare carriers such
        Bloomberg,; Reuters; BLOOMBERG FILE PHOTO  -  456 words
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          Lock icon European airlines' traffic surges
          113 36 Bloomberg [BRUSSELS] European airlines' passenger traffic rose 20.8 per cent in the week ended March 28, led by higher demand on routes to North America, the Far East and the Middle-East and as year-earlier figures were lowered by the Iraq war, an industry group said. Traffic
          Bloomberg  -  113 words
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          Lock icon Fraport, Shanghai Airport Hnk up
          102 36 [FRANKFURT] Fraport AG Frankfurt Airport Services Worldwide and the Shanghai Airport Group have signed a contract establishing a joint-venture subsidiary, which both companies had already announced in 2003. Under the agreement, each airport company holds a 50 per cent share in Shanghai Frankfurt Airport Consulting
          102 words
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        Lock icon Amtrak train derails in rural Mississippi
        235 36 AP [YAZOO CITY, Mississippi] An Amtrak passenger train with 84 people on board derailed in rural central Mississippi, killing at least one person and injuring dozens. The derailment about 40km north of Jackson on Tuesday night involved nine of the 10 cars of the
        AP  -  235 words
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        Lock icon Air Canada seeks extension of bankruptcy protection
        477 36 It also launches misappropriation case against rival WestJet Reuters [MONTREAL] Air Canada is seeking a one-month extension of its bankruptcy protection to May 14 so the insolvent airline can began searching for a new investor to bail it out, court-ap-pointed monitor Ernst and
        Reuters; REUTERS FILE PHOTO  -  477 words
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        Lock icon China Eastern chalks up huge loss
        219 36 AP [SHANGHAI] China Eastern Airlines reported a massive loss for 2003, largely due to the devastating impact of last year's Sars outbreak on the tourism industry. The Shanghai-based airline, one of China's top three carriers, said its net loss for 2003 was 949.8 million
        AP  -  219 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1924 36 On FU6HT tTA FUGHT HO DM30 2005 HHlHl LH9771 1840 8*7382 2715 FrMfvt *C9951 0*30 1X9765 IMS $0230 1840 <*»2 2215 1*9762 0630 S0326 1345 Mrtl $023 0605 6*974 0130 S«5 0630 8*7305 22S5 KL837 1450 KL838 2255 UI77I 855 LX4381 2255 $024 2345 «467» 1595
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      25 29 US urges EU to accept partial airline pact BACKPAGE Amtrak train derails in rural Mississippi back pase NEWBUILDS Cruise shipbuilding in the doldrums page 2
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      1339 33 [VESSEL VQY SIN PKL DXB BAB PMM BIK ICHAHBAHAR |KHORRAMSHAHR IRAN SATTARI PC***** 13/04 14/04 23/04 24/04 30/04 02/05 04/03 06/0S TBN 20/04 21/04 29/04 30/04 08/05 10/05 12/05 14/05 IRAN SHAHRYAR PCI 8032 30/04 01/05 09/05 10/05 17/05 19/05 21/05 23/05 IRAN SATTARI PCLBO3I 06/05 07/05 16/05 17/05 20/05
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      762 33 vtssa VOY Si PGO Jffssa wa 5 u IU3N M/M M/M AUMIAYA 2 11/ M 13/ M MM* lI£4N 10/04 11/ M _UUUUH 2213 14ZM \IM PAC UNDA IjtSN 12/04 12/ M US2 11/ M M/M "CUUPA I'M* U/M 13/ M 1 PACHNTAN 9744 71/ M 23/ M nc lANDA
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  • Page 35 Miscellaneous
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      105 35 ggy ...i... rifcr 11 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots Hazy A -One solid triangle represents 50 knots D
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