The Business Times, 22 April 2004

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Microfilm: NL25539
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 mita n?a/n.-Vs>nfu 850 THE BUSINESS TIMES SINGA PORE nte rn^ i; http://business-times.asial.com.sg THURSDAY, APRIL 22, 2004
    16 words
  • Article, Illustration
    Lock icon New currencies make waves in forex market
    658 1  -  BT exclusive Ynan, won, NT$ the new 'exotics' replacing ringgit, baht and rupiah By Vikram Khanna [SINGAPORE] North Asian currencies like the Chinese renminbi, the Korean won and the New Taiwan dollar are among the new currencies being actively traded in Singapore's foreign
    658 words
  • Article, Illustration
    Lock icon Deflation is dead; coming next: rate hike
    648 1  -  But Greenspan says tightening could be a one-off measure From Andrew Marks in New York US FEDERAL Reserve chairman Alan Greenspan declared on Tuesday that deflation is dead and kept fears of an interest rate rise very much alive. But he made it
    REUTERS  -  648 words
  • Article
    Lock icon MARKETS
    76 1 Dsn Mllytt (-2.01) ST INDEX FUTURES 1*849.00 (-3.00) nsiMsci mm 223.99 (-0.35) SIMSCI FUTURES 222.80 (-2.30) Wednesday Change KLSE COMP 864.02 >2.69 NIKKEI 225 *****.30 -7 HANG SENG *****,10 -167.07 SET INDEX 706.65 7,10 JAKARTACOMP __.N1 +354 MANILA COMP 1JBS7.78. +11.82 TAIPEI WPI MM «10.28 SBOULCOMP i»2»i»5 +11.05 SHENZHEN
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  • Article
    Lock icon FINANCE
    74 1 FOREX RATES US$ S$ ISS (SS per U8$) 1.688 S(ISS/SSperS) 1.782 3.007 K1'R()(I'S$/S$/K). 1.1H4 1998 YEN 108.7 64.40 KM 3.800 2.252 HKS 7.799 4.622 BAHT 3943 23.36 RI'PIAH 8.618 5.107 mmm 8.299 4.918 INDIAN RUPEE 4:1.97 26.05 A$ 1.364 0.808 NZ$ 1.599 0.948 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.0#
    74 words
  • Article
    Lock icon Insurers may face huge sums in claims
    568 1  -  NICOLL HIGHWAT COLLAPSE Contractors also expected to incur millions in cost overruns By Vince Chong, Chen Huifen [SINGAPORE] The impact on the economy of the Nicoll Highway collapse is expected to be small but the accident is likely to cost the parties involved
    568 words
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      31 1 x r* Sanford Weill .j p Re-elected Citicorp chairman gets shareholders' mandate despite protests PAGE 16 v" Singapore hilton department store cortina watch dickson watch fine watches the hour {lass 8
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  • NEXT page
    • ON THE grapevine
      • Article, Illustration
        Lock icon Hot X buns
        129 2 EARLY this month, a Japanese restaurant in south-west China sparked a storm by serving sushi on the body of near-naked women. And in Singapore, Breadtalk plans to turn up the heat this Saturday by having models clad in buns and meat floss prance up and down a
        129 words
    • Article, Illustration
      Lock icon Wiranto win marks military's return
      890 2  -  NEWS ANALYSIS With two former generals running for president, the military is assured of its influence at the highest levels of government should either one win, says Shoeb Kagda in Jakarta Shoeb Kagda INDONESIA'S former defence minister and armed forces commander Wiranto has surprised the
      890 words
    • Article
      Lock icon Foreign firms listed in S'pore up 20% annually
      665 2  -  They've helped S'pore market grow and offer more choices: investors By Teh Hooi Ling [SINGAPORE] The Singapore Exchange has made tremendous strides in attracting foreign companies to list in Singapore with the annual compounded growth for new foreign listings here hitting 20
      665 words
    • Article
      Lock icon Corrections & clarifications
      100 2 Corrections clarifications IN our BT-Citibank Gourmet Pleasures food column yesterday, we published an incorrect offer from Cream Bistro. It should have been: Get 20 per cent off your total bill when you spend a minimum of $60 from now until July 7. Terms and conditions apply. We are sorry for
      100 words
    • Article
      Lock icon SBI board unsure of independence of director nominee
      237 2  -  By Vince Chong [SINGAPORE] A day before SBI E2-Capital Holdings was due to hold its annual general meeting, the board of the listed financial advisory group said it couldn't ascertain the independence of a candidate who has been put forward as an
      237 words
    • Article, Illustration
      Lock icon Asean to push for free trade talks with Australia, NZ
      562 2  -  Ministers also ink accord to cut tariffs to as low as 0% By Chuang Peck Ming [SINGAPORE] Asean economic ministers wrapped up a meeting in Singapore yesterday with a proposal for the regional grouping to start talks with Australia and
      562 words
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      59 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
      59 words
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      54 words
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      98 words
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      22 2 childcare services? wjr I C.A.T.S. hotline at f| 1800-289-9988. LciisJ Buy It. Sell It. Find It. mm** <n«v *m mra mmmmmmmmrntm mum
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  • Page 3 Advertisements
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      95 3 <3i Service one of the many reasons why premier hotels use 002. "nf" I I iKM i I rjr f if llltll ii bL I |H Ii —In.'—•• H I U II §jmr*' 111 IE laß .a... A cf- *II Hi I. 111 Ia II I H i K H
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon More investors buying control of smaller cap firms
      681 4  -  In recent weeks, big stake purchases have sparked four general offers By Serena Ng A GROWING number of smaller cap companies on the Singapore Exchange are catching the eye of local and regional strategic investors who are keen to buy controlling stakes
      FILE PHOTO  -  681 words
    • COMPANYBriefs
      • Article
        Lock icon HLF names new auto financing head
        66 4 HONG Leong Finance Limited (HLF) has appointed finance company veteran Sit Kok Seng as vice-president heading its vehicle financing team. The 49-year-old will be responsible for the continued growth of HLF's vehicle financing business. HLF, Singapore's largest finance company, has a car loan business
        66 words
      • Article
        Lock icon Nera Q1 profit falls 29%
        52 4 NERA Electronics Ltd said net profit for the first quarter ended March 31 fell 29 per cent to $812,000 from $1.14 million in the previous Ql. Turnover for the group rose 4.5 per cent to $12.36 million, thanks to improvement in the telecommunication and instrumentation
        52 words
      • Article
        Lock icon CapLand to launch Bering office
        105 4 CAPITALAND, which marks its 10th year in China, will hold a launch ceremony on Monday for the setting up of its new office in Beijing and the launch of its investment company, Capita Land (China) Investment Co, whose maiden project will be the 1,700-unit La
        105 words
      • Article
        Lock icon PCA fall-year profit falls 13.4%
        76 4 MAINBOARD-LISTED electronics manufacturing service provider PC A Technology has reported a 13.4 per cent fall in net profit to $2.04 million for the year ended Feb 28,2004. Turnover fell 20.8 per cent to $42.3 million. Looking forward, the group said it will focus on its
        76 words
      • Article
        Lock icon Jaya enters into venture in Qatar
        114 4 JAYA Holdings Limited has entered into a joint-venture agreement to own and operate vessels with a Doha-based marine operator and contractor, Doha Marine Services (DMS). Such vessels are used primarily to support the oil and gas exploration and production activities in the Middle-East state
        114 words
      • Article
        Lock icon Flextronics buys stake in Indian firm
        105 4 AFP [BANGALORE] Singapore-based Flextronics said yesterday it has invested US$lO million to take a stake in inSilica Inc, based in India's technology hub Bangalore. Ash Bhardwaj, president of Nasdaq-listed Flextronics, said inSilica will develop silicon chips for Flextronics to be used in its routers,
        AFP  -  105 words
      • Article
        Lock icon OK Goh chief operating officer quits
        54 4 LISTED stockbroker GK Goh Holdings Limited said Linus Koh Kia Meng has resigned as chief operating officer of the group and a director of the company, both to take effect from May 19,2004. In the interim, Goh Geok Khim, the chairman and managing director,
        54 words
    • Article
      Lock icon Revise corporate governance code: NUS don
      685 4  -  Gaps in code of conduct and ethics, and recent revisions in major jurisdictions leave S'pore trailing behind By Angela Tan THE Singapore corporate governance code has fallen behind international benchmarks in the wake of recent rule and code revisions in several major jurisdictions, according
      685 words
    • Article
      Lock icon Raffles LaSalle wins big with Hartford's price surge
      382 4  -  No comment yet on raising its general offer price By Kenneth Lim SHARES of Hartford Holdings have shot up about 80 per cent to yesterday's close of 52.5 cents since the company said Raffles LaSalle was buying a 60 per cent stake
      382 words
    • Article
      Lock icon Don't sell Bio-Treat because of options
      696 4  -  HOCK lock siew r sivanithy CHINA-based wastewater firm BioTreat Technology's employee share option scheme (ESOS) may be popular with its staff, but it obviously isn't with shareholders. When the company announced final details of the scheme on Tuesday, Bio-Treat's share price crashed 16 per
      696 words
    • Article
      Lock icon Eng Wah plans to spin off entertainment business
      272 4  -  Exercise may result in the stock's re-rating By Vince Chong SHAREHOLDERS of listed cinema operators Eng Wah Organization could see an upward re-rating of the stock if the group's plan to seek a separate listing of its entertainment business takes off. In
      272 words
    • Article
      Lock icon SPC net profit nearly trebles to $42m in Q1
      344 5  -  Record refining margins, recovery in air traffic volume boost performance By Taila Krishnakumar FUELLED by a surge in refining margins to record levels, Singapore Petroleum Company yesterday posted a near trebling in net profit for its first quarter. Turnover rose 8.8
      344 words
    • Article
      Lock icon Ascott posts 34% drop in Q1 net profit
      353 5  -  By Kalpana Rashiwala THE Ascott says it expects net profit for the current year to be higher than last year despite posting a 34 per cent drop in Ql group net profit to $4.8 million. The lower profit for the first quarter
      353 words
    • Article
      Lock icon China helps lift Osim Q1 earnings 29%
      351 5  -  Franchise sales doable; over 20% growth posted in last five quarters By Kenneth Lim LIFTED by strong growth from its China and franchise operations, healthy lifestyle products retailer Osim International said net profit gained 29 per cent year-on-year to $5.4 million for the
      351 words
    • Article, Illustration
      Lock icon Richland seeking to tap riches of stock investors
      601 5  -  By Kenneth Lim IT can be easy to let an Enterprise 50 award or a special mention in a minister's speech to get to one's head, but Richland Group's Lim Chwee Kim will be the first to tell you that he isn't
      ARTHUR LEE  -  601 words
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      199 5 i Simply connect to your TV. Exclusively at )/l/t/j/lf/I/O AV OSIM Fair. Takashimaya Square. 82. Synchronised -w This weekend only! Audio. Visual, Sit on a tiger Watch a concert Enjoy a massage Clad in lush tiger print upholstery, the new OSIM iSymphonic Watch your favourite concert, musical or dance performance
      199 words
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  • SINGAPORE markets
    • Article
      Lock icon BROKERS' TAKE
      694 6  -  Compiled by KENNETH LIM EnzerCorp April 15 closing (last traded): 19 cents THE company is making a strategic shift from electronics components distribution to the marketing of household A/V (audio-visual) and other electronics appliances. In the light of the improving fundamentals, economy and the electronics industry, we expect
      694 words
    • Article, Illustration
      Lock icon AMMB is DBS Vickers' top pick among KL banks
      277 6  -  HOT STOCK WARRANT By R bSivanithy IN an April 20 report, stockbroker DBS Vickers called an "overweight" on the Malaysian banking sector. It believes that a recent selldown of bank stocks, because of worries over a new interest rate framework, is
      Source: Bloomberg  -  277 words
    • Article, Illustration
      Lock icon Greenspan, inflation, rates — it's 1994 all over again!
      569 6  - Greenspan, inflation, rates it's 1994 all over again! BT comment STOCKS r. sivanithy IF inflation is the glue that binds the stock and bond markets together, it's a pretty sticky patch these markets now find themselves in, thanks to comments by US Federal Reserve chief Alan Greenspan. It also means
      Source: Bloomberg  -  569 words
    • Article, Illustration
      Lock icon US$ holds firm vs yen on Greenspan remarks
      401 6 Greenback trades at 108.76 yen in Tokyo amid talk of interest rate hike AFP [TOKYO] The US dollar held firm against the yen yesterday amid speculation that the US Federal Reserve will tighten monetary policy soon following comments by Fed chairman Alan
      AFP; REUTERS  -  401 words
    • TRADES TO WATCH
      • Article
        Lock icon Sam Goi raises stake in Serial System
        100 6 SERIAL System substantial shareholder Sam Goi, also known as the "Popiah King", raised his stake in the electronics distributor yesterday by buying 16,000 shares on the open market for an undisclosed sum. Mr Goi, whose privately held Tee Yih Jia recently bought a
        100 words
      • Article
        Lock icon Deutsche Bank ups holding in Horizon
        65 6 A NUMBER of acquisition and disposal transactions over the month have resulted in Horizon Education and Technologies' substantial shareholder Deutsche Bank AG now holding a deemed stake of 5.26 per cent in the company, up from 5.02 per cent. Those transactions were carried out
        65 words
      • Article
        Lock icon Xpress director sells all shares
        95 6 XPRESS Holdings independent director Sam Chong Keen, a former managing director of Comfort, sold all his Xpress shares on the open market yesterday. The sale of his 987,000 shares, or about 0.16 per cent of Xpress's share capital, at seven cents apiece yielded about $69,000.
        95 words
      • Article
        Lock icon Challenger CEO buys 200,000 shares
        62 6 CHALLENGER Technologies CEO Loo Leong Thye bought 200,000 shares of the electronic goods retailer on Tuesday at about 18.3 cents apiece, near its closing price of 19 cents that day. Mr Loo's stake in Challenger now stands at 42.15 per cent, up from 42.02 per
        62 words
      • Article
        Lock icon Compact CEO forced to sell shares
        82 6 COMPACT Metal Industries chief executive Tan Kay Tho's investment company, Shining Holdings Pte Ltd, was forced to sell 990,000 shares on Monday to "meet its financial obligation". The shares were sold at about 4.6 cents apiece for about $46,000. Mr Tan's direct and deemed
        82 words
      • Article
        Lock icon United Fiber chairman purchases shares
        69 6  -  Compiled by KENNETH LIM THE chairman of pulp mill, forestry and construction group United Fiber System bought 500,000 shares on the open market at 15 cents apiece on Tuesday through DBS Vickers Securities. Sven Gosta Thordsson Edstrom, who did not have United Fiber shares before
        69 words
    • Article, Illustration
      Lock icon Untitled
      418 6 OTHER SINGAPORE INDICES Apr 21 VALUE CLOSE BT OB/OS -472.00 +36.00 BT CAM -*****.00 -87.00 BT 10-day MA -*****.00 -48.00 AH-SGEquities 499.60 -1.01 SG Equities Elect 175.88 -1.65 SG Equities Fin 1492.33 -8^89 SG Equities Prop 450.80 -1.55 S1MSCI 223.99 -0.35 SiMSCI Futures 222.80 -2.30 Stock* Vdunw FibreChem HKlc 172,605,OCX)
      418 words
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  • BLUEchips
    • Article, Illustration
      Lock icon SGX is a stock to hold and keep
      899 7  -  Though analysts see few catalysts to drive the stock, strong dividends and growth prospects make it a long-term play, says WONG WEI KONG WONG WEI KONG WITH strong earnings already in the bag and full-year dividends expected to be as attractive as
      Source: Bloomberg; FILE PHOTO  -  899 words
  • Page 7 Advertisements
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      477 7 ■■ipMpHI Call toll-free 1800 289 8822 ASSETS FOR SALE Traditional Indonesian Batik/China Cloths in huge quantities Office Equipment Furniture, Air-Conditioners, Telephone System, etc. (i) Sold On An "As Is Where Is" Basis Without Warranty or Undertaking of the condition (ii) Terms conditions apply PROPERTIES FOR SALE OR LEASE 6-storey warehouse,
      477 words
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      Lock icon Page 7 Advertisements Column 2
      404 7 A guide to the on demand world: Bridging the gap. Have you noticed that on demand businesses are now very much in demand businesses? Here's how to join them. The gulf between businesses and successful businesses isn't as wide as it seems. The gap can be bridged with just a
      404 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon GlobeTel eyes lower income segment
      571 8  -  Move is to defend its market share as rival targets upscale customers By Angela Tan IN a strategic move to defend its market share, Globe Telecoms, Singapore Telecommunications' Philippines affiliate, is eyeing the fast growing lower income handphone users just as rival Smart Communications is
      AFP  -  571 words
    • Article
      Lock icon SingTel affiliate AIS seeks new Thai growth
      583 8  -  It eyes new revenue sources, dismisses merger talk By Angela Tan APART from regulatory uncertainties, Thailand's biggest mobile phone company and Singapore Telecommunications' affiliate Advanced Info Service (AIS) faces the challenge of finding new revenue growth. "There are other challenges apart from regulatory
      583 words
    • Article
      Lock icon Optus Mobile not offering 3G services for now
      527 8 SingTel unit is waiting for a wider range of handsets Bloomberg SINGAPORE Telecommunications unit Optus Mobile does not plan to start high-speed cellphone services in Australia this year. "I don't foresee it within the next 12 months," Allen Lew, managing director of
      Bloomberg  -  527 words
    • Article
      Lock icon Seagate figures reveal cloud over HDD sector
      602 8  -  But analysts say Q3 fall was expected and see no impact on local firms By Raju Chellam WHILE the rest of the IT industry is booming, there's still a cloud hanging over the hard disk drive (HDD) sector, as evidenced by the performance
      602 words
    • Article
      Lock icon S'pore Food posts 9.6% growth in Q1 earnings to $8.6m
      302 8  -  UK subsidiary seen to lead further growth with new products By Teh Shi Ning SINGAPORE Food Industries (SFI) yesterday announced a strong performance for the first quarter 0f2004. Net profit grew 9.6 per cent to $8.6 million on 11.8 per
      302 words
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      69 8 Nominations for the 2004 eso.startup awards are now open Recognising Singapore's New Enterprises HHJH To be eligible, a company be a privately-held enterprise •be unc j er 5 years ©Id (from date of incorporation) t! UU 4 have a strong nexus to Singapore have at least 1 year of audited
      69 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon HK investors scout for S'pore condos
      635 9  -  They seek recently completed projects which can generate rental income By Kalpana Rashiwala A GROWING number of Hong Kong investors have recently been scouting for between five and 20 apartments in the same development in Singapore's prime districts, say some property agents and other
      635 words
    • Article
      Lock icon Savouring the 'wilds' in Singapore
      935 9  -  WORLD GOURMET SUMMIT Forget Kenya; a 'safari' here is, er, very different By Cheah Ui-Hoon TUCKING into gourmet cuisine is half of the experience at the World Gourmet Summit (WGS). The other half is enjoying the ambience and company as was evident at this year's
      935 words
    • Article
      Lock icon Singapore, Indonesia sign accord on phone testing
      402 9  -  Time, cost savings with no re-testing in both countries By Raju Chellam SINGAPORE and Indonesia have become the first two Asean nations to sign an accord that will let phone equipment made in either country be used in the other without requiring additional
      402 words
    • Article
      Lock icon ValuAir in codesharing negotiations
      483 9  -  It'll start flights to Bangkok, HE and Jakarta in 2 weeks By Donald Urquhart VALUAIR said yesterday it is holding codesharing talks with an eye to sharing passengers with other airlines as the budget carrier announced it will begin flying to Bangkok, Hong Kong and Jakarta
      483 words
    • Article
      Lock icon Online travel market in Asia to hit US$16b by '06
      288 9  -  By Uma Shankari RESEARCH has revealed that the Asia-Pacific's outbound online travel market will be worth more than US$l6 billion by 2006, up from a forecast US$l2.6 billion this year. Japan is expected to be the leader, with its outbound
      288 words
    • Article
      Lock icon COE premiums flat in most categories
      178 9  -  EYE on the economy COEs By Uma Shankari CERTIFICATE of Entitlement (COE) premiums for most vehicle categories remained flat in the Land Transport Authority's second bidding exercise for April. This comes after a sharp increase in the previous bidding exercise earlier in the month.
      178 words
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      54 9 Iranq mahal j haute indian cuisine I is proud to announce that we have won the I World Gourmet Summit Awards of Excellence 2004 Martell Cognac Asian Ethnic Restaurant of the Year! We would like to convey our sincere thanks to everyone who has supported Rang Mahal through the years.
      54 words
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  • EXECUTIVE suite
    • Article, Illustration
      Lock icon JTC offers private sector more say
      708 10  -  It's doing more planning, promoting of its portfolio to suit client needs By Vince Chong JTC Corporation will be reviewing its masterplans for Changi Business Park (CBP) and Science Park 1 (SPI) as it departs from just developing industrial land to doing more planning
      FILE PHOTO  -  708 words
    • Article, Illustration
      Lock icon Spider Lilies — 100% idiot-proof
      527 10  - Spider Lilies 100% idiot-proof GARDENER'S log By Thien THEY are 100-per-cent fool or idiot-proof. Spider Lilies always a favourite of wifey and I, and oh yes, our dogs, too are among the easiest and hardiest plants to grow. They are also practically dog-proof: I know this from first-hand experience because
      ARTHUR LEE  -  527 words
  • Page 10 Advertisements
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      335 10 Bn If HI M jmßK| B For further information and tender documents, ii|| ICUU •ssssass'. wwww wmwA Global Real Estate Solutions"* 1& 2 May 2004 (Saturday Sunday) 10am to spm Topics indude: Analyzing Sales Profitability Choosing Suitable Investment Diversification Planning Strategic Partnering Merger Acquisition Reducing Staff Turnover Recruiting Quality Staff
      335 words
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      89 10 1 t vi p t d i"j ri o o r r o p p n n SUPHISINGLY INDIAN c p e i <j! i o n hours 1 2 00 h i •> to 1 4 3 0 h r s 1 800 hr s to ?3 0()hi flit
      89 words
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      Lock icon Page 10 Advertisements Column 3
      261 10 Drake Executive Search provides you with the expertise to match quality executives Professionals and Managers from middle to senior management positions, within your industry Our consultants bring a wealth of experience, assisting you in your search for the highest calibre of professionals and managers while allowing you to remain focused
      261 words
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      Lock icon Page 10 Advertisements Column 4
      121 10 FOR SALE BY TENDER Gerald Drive (off Yio Chu Kang Rd) m 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 1 MERITUS MANDARIN SINGAPOREI nusTßflunn gouridct EXTRRURGRRZR Tuck into our lavish buffet spread of
      121 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon KL slaps ban on new foreign hypermarkets
      616 11 KUALA LUMPUR 5-year halt in 3 areas raises concerns of 'inequity': report THE Malaysian government has stopped foreignowned hypermarket operators from opening new stores in the Klang Valley, Penang and Johor Baru for five years, the Malaysian Business Times reported yesterday. The ruling,
      BLOOMBERG  -  616 words
    • Article
      Lock icon Leighton stops work on KL-Putrajaya highway
      479 11 KUALA LUMPUR M 'sian consortium building highway can't find financing LEIGHTON Asia Southern, the South-east Asian subsidiary of the Australian construction giant, has stopped work on its biggest project in the region, the showcase RMI.4 billion ($621.5 million) highway from Kuala Lumpur to Malaysia's
      479 words
    • Article
      Lock icon Thailand's largest banks post best results since Asian crisis
      391 11 BANGKOK AFP MANY of Thailand's largest banks have recorded their best results since the 1997-1998 Asian financial crisis, stoked by low interest payments and aggressive selling of loans, analysts said yesterday. Thailand's 10 largest banks all reported profit growth in the
      AFP  -  391 words
    • NOTE Book
      • Article
        Lock icon Telekom to build apartments in KL
        79 11 Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd will build luxury apartments on land it owns in the centre of Kuala Lumpur and the project is valued at RMIB2 million (SsBo.B million). Telekom will develop the land jointly with Magna Prima, it said. The site will
        Bloomberg  -  79 words
      • Article
        Lock icon China eases travel curbs to HK
        70 11 Reuters [HONG KONG] Beijing will relax travel curbs to allow more mainland Chinese to visit Hong Kong in a move expected to boost the city's economy, the Hong Kong government said on Tuesday. In coming months, China will allow another 43 million residents to
        Reuters  -  70 words
      • Article
        Lock icon Public Bank chief not to sell stake
        102 11 Reuters [KUALA LUMPUR] Malaysia's fourth largest lender Public Bank yesterday said its chairman Teh Hong Piow has no plans to sell his controlling stake. "I can tell you he has no plans to sell his stake," Tay Ah Lek, Public Bank managing director
        Reuters  -  102 words
      • Article
        Lock icon China to audit big state firms
        88 11 AP [BEIJING] China's National Audit Office yesterday said it plans to focus its annual review of accounts on nine state-owned industrial groups, including the country's second biggest oil company, China Petrochemical Corp or Sinopec. Results of the audit, involving accounts totaling 1.8 trillion yuan
        AP  -  88 words
      • Article
        Lock icon Thailand, Australia to sign FTA
        64 11 AP [BANGKOK] Thailand and Australia have reached a free trade agreement that will eliminate import tariffs on most products from both countries by 2010, the Commerce Ministry said yesterday. The two countries are expected to sign the deal in the middle of this year, paving
        AP  -  64 words
    • Article
      Lock icon CNOOC under HK probe over 6.6b yuan deposits
      647 13 HONG KONG Amount was placed with a finance firm majority owned by CNOOC's parent Reuters THE Hong Kong stock regulator is investigating CNOOC Ltd, China's largest offshore oil producer, after the firm made large deposits at a finance firm controlled by its
      Reuters  -  647 words
    • Article, Illustration
      Lock icon Wealthy expat Indians flocking home to invest
      780 13 They're keen to tap one of world's fastest growing economies Reuters FOR Singapore restaurateur Surya Jhunjhnuwala, investing in India makes sound business sense, a view sharply at odds with those of his uncles who ran the family business in the 1980s. Mr Jhunjhnuwala
      Reuters; AFP  -  780 words
    • Article
      Lock icon Praise Indian reforms, US told
      400 13 WASHINGTON Reuters INDIA should be praised by the United States, rather than vilified, for economic reforms that have attracted leading multinational corporations to move jobs to its shores, the head of India's largest business group said on Tuesday. "We were hoping for applause and encouragement
      Reuters  -  400 words
    • Article
      Lock icon Japanese firms split on possible yuan revaluation
      296 13 Some say they may move factories elsewhere in Asia AFP [TOKYO] Japanese companies are split on the desirability of a possible appreciation of the yuan, with some saying it might prompt them to move factories in China to other bases in Asia, a
      AFP  -  296 words
  • Article
    Lock icon UMIT TRUSTS & FUNDS
    4445 11 UMIT TRUSTS FUNDS Com Global mfotec Index Fd!** 0,35V Com Global Energy Index fd 1.03% •qu a u_ Com Global Trawl Index Fd 0.802/ 0.747, Com S'pore Bond Fi*id/ A 1.09% Star Europe Bond 1.219, Credrt Agrkole Asset Mgt S'pore Ltd Star EuropeBal 1 048/ Indocam Asia Vision!" 1.181/1.241 Star
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  • EDITORIAL & opinion
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      Lock icon It could boil down to just a gut judgment
      797 12  -  THE bottom line OPINION robert samuelson The Washington Post Writers Group THERE may be less to this campaign than meets the eye. Many voters have already made up their minds; as for the rest they will be heavily influenced by events
      The Washington Post Writers Group  -  797 words
    • Article
      Lock icon IN OTHER WORDS
      60 12 'He thinks that empty slogans like the 'Clear Skies' initiative and the 'Healthy Forest' initiative names that would make George Orwell rise up and cheer that those names will make people forget what is really happening in our country.' John Kerry US presidential hopeful, accusing President George
      60 words
    • Article
      Lock icon Piecemeal financial initiatives
      604 12 EDITORIAL THE long-cherished desire to nurture a pan-Asian bond market has moved closer to becoming reality with the decision to launch a second Asian Bond Fund of a more ambitious nature than its predecessor. But Asia seems better at taking such piecemeal initiatives than it is at
      604 words
    • Article, Illustration
      Lock icon Japan Industry giants feed a hungry China
      1034 12  -  Japan's companies now do about one-sixth of their manufacturing abroad. And China will remain the focus of such work, experts say By Ken Belson NYT [SHANGHAI] The qualms are gone. Now even Japan's pride and joy, its top-end electronics manufacturers, are coming to
      NYT; AP  -  1,034 words
    • Article
      Lock icon A terrible blunder by Bush
      828 12  -  COMMENTARY His stand on West Bank settlements runs contrary to US interests From Leon Hadar in Washington BY endorsing the Israeli Likud government's claim to part of the West Bank and to retain large Israeli settlements in the territory it occupied in the 1967 war,
      828 words
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  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      24 13 I^l I Prices now highest I I Shanghai I I aetata I I caol Its I I property I I I l f$L J9?
      24 words
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      54 13 Piw i Trade Link PlaceWhere Enterprise Thrives '_m-l -s -C-1 «C I-;; Development Land for General Industries Maximum Plot Ratio 2.5 Minimum 0.7 Infrastructure-ready Close to 2nd Link, Ample Amenities Modular Plots of 10,000 sq ft onwards For Sales Enquiries, Please Call: Agents are welcome Developer: *****631 *****422 JQj Tuas
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  • WORLD news
    • Article
      Lock icon Asian forex reserves switching out of US$
      844 14  -  60% of the US$278b hike last year went to non-dollar assets: Lehman From Anthony Rowley in loKyo A LONG-PREDICTED shift of Asia's massive foreign currency reserves out of dollars and into other currencies has already begun in earnest, according to a leading investment
      844 words
    • Article, Illustration
      Lock icon Academic Axel Weber named Buba head
      370 14 BERLIN Reuters AXEL Weber, a senior academic, was picked yesterday to be the Bundesbank's next president and he warned governments to maintain fiscal discipline, stressing he was politically independent. The government nominated Mr Weber as successor to Ernst Welteke, who resigned in an ethics
      Reuters  -  370 words
    • Article
      Lock icon Motorola's Q1 profit soars as cellular sales jump
      434 14 CEO Ed Zander surpasses promise to up sales by 25% NYT, Bloomberg MOTOROLA chief Ed Zander already may have earned his lavish pay package. On Tuesday, the US tech titan said profits in the first quarter more than tripled because of a
      NYT,; Bloomberg  -  434 words
    • OTHERResults
      • Article
        Lock icon JP Morgan Q1 earnings up 38%
        102 14 Reuters [NEW YORK] JP Morgan Chase Co's quarterly earnings rose 38 per cent, as higher profits from investment banking and fewer bad loans offset a decline in its mortgage business. The bank, which is buying Bank One Corp, reported first-quarter net income of US$l.93
        Reuters  -  102 words
      • Article
        Lock icon LG Elec profit soars; plans LCD IPO
        117 14 Bloomberg [SEOUL] LG Electronics tripled first-quarter profit on surging flat-screen demand, prompting it to plan an initial share sale of its venture with Royal Philips Electronics this year. Net income jumped to 584.7 billion won (*****.7 million) from 189 billion won a year
        Bloomberg  -  117 words
      • Article
        Lock icon Ford Q1 profit more than doubles
        147 14 AP [DEARBORN, Michigan] Ford Motor Co posted a profit of US$l.95 billion in the first quarter, more than double its earnings of a year ago, as improved automotive profits and continued cost-cutting lifted results. Results for the January-March period easily surpassed Wall Street forecasts.
        AP  -  147 words
      • Article
        Lock icon Powerade lifts Coca-Cola Q1 net 35%
        93 14 Bloomberg [NEW YORK] Coca-Cola Co said first-quarter earnings climbed 35 per cent, the biggest gain in a year, because of higher sales of Powerade sports drinks and Dasani bottled water. Net income rose to US$l.l3 billion, or 46 cents a share, from US$B35 million,
        Bloomberg  -  93 words
      • Article
        Lock icon Renters revenue down 8% in Q1
        63 14 Bloomberg [LONDON] Reuters Group pic said revenue at its main unit fell 8.4 per cent in the first quarter as businesses cancelled subscriptions in Europe. Revenue at the unit that sells information to banks, or so-called underlying recurring revenue, dropped to £556 million (551.67
        Bloomberg  -  63 words
    • Article
      Lock icon Japan's trade surplus up 17.8%
      197 14 TOKYO AP JAPAN'S trade surplus expanded for the ninth consecutive month in March due to strong exports to China, South Korea and elsewhere in Asia, helping to boost the recovery of the world's second largest economy. The merchandise trade surplus the measure of all goods
      AP  -  197 words
    • Article, Illustration
      Lock icon Weill re-elected to Citicorp board as funds protest
      562 16 NEW YORK CEO Prince, 13 members get 94% of votes despite Calpers call to withhold votes Bloomberg CITIGROUP chairman Sanford Weill was re-elected to the financial company's board of directors on Tuesday even though the world's two largest pension funds had sought
      Bloomberg; Source: Bloomberg  -  562 words
    • Article, Illustration
      Lock icon Citigroup's Menezes retires after 32 years
      229 16 NEW YORK Bloomberg CITIGROUP senior vicechairman Victor Menezes, who was once seen as a possible successor to Sanford Weill, is retiring from the world's largest financial services company after 32 years. According to an internal memo from chief executive officer Charles Prince, Mr Menezes,
      Bloomberg  -  229 words
  • Article, Illustration
    Lock icon FINANCE
    1104 14 Transaction date: Apf'2l HTERBAMK CURREMCY RATES Aqainst S$ Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer Currencies Bid Offer Bid Offer swa to too SS I r SS to one unit of foreign currency: units of foreign Australian dollar 1.2362 1.2378 0.7328 0.7333 Canadian dollar 1.2436
    1,104 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      211 14 CRYPTIC CROSSWORD 20 I've turned to lemon squash 27 Reduced numbers, we infer 28 Weapons unit one seen in battle (9) DOWN swindle (4) YESTERDAY'S SOLUTION 1 Lag behind, right in the rear 14 Talked with opposite number Across: 4 Campsite, 8 Devour, 9 (5) j?, Tattling, 10 Placenta, 11
      211 words
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  • Article
    Lock icon STOCKS ASIA
    4859 15 Transaction date: Apr 21 HONG KONG Vol HK Exchanges SCIearing..1S.50 -0 65 5830 HKS *1- 000 HKR Int'l 2 58 0 08 2145 H K and China Gas 13.20 -0 10 6644 AeonCredit 5.85 -0.05 62 Hong Kong Electric 34.10 -0.10 3473 Aeon Stores 5.80 unch 4 Hongkong
    4,859 words
  • Article
    Lock icon KLSE
    2500 15 I Transaction date: Apr 21 KUALA LUMPUR S2f ralSoil Vo Genting 17.20 0.10 827 RM C000) George Kent 0.82 0.03 90 GlobetronicsTech 7.25 unch 0 A&M Realty 1.59 -0.01 5 GlomacBhd 2 99 0.11 748 Abrk 069 unch 79 Gold Bridge Engrg 0.52 -0 01 374 ACP industries 226
    2,500 words
  • Article
    Lock icon SGX
    852 15 Transaction date: Apr 21 a-*—— m Otm an Hoc* MW Wt do— Quogt Allgreen 50c 0.31 1.030 -0.020 NOL 1.63 2.130 BIL tntl US20c 038 0.750 OCBC 8.90 12.100 CapitaLand 1.21 1.670 -0.010 Parkway H 25t 0.58 1.160 Chart SemiCond 26c 1.35 1640 People's Food HK50c 0.46 1.400 -0.030
    852 words
  • Article
    Lock icon BONDS & WARRANTS
    701 15 BONDS WARRANTS Pram Expiry Tel Last Vol Cony Exer Disc Gear- Mths CX» Sala ♦of- rOOO) totfo Met hn L«ft 3779 ASL Marine HldgsW*****1 17.5 -1.5 12 1 53 33 3.03 48 3698 ASTIW*****1 40.5 1 16 1.40 2 3697 Acma ltd W*****6 .0.5 1 50 573 1S.00 7 3602
    701 words
  • Page 15 Advertisements
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      27 15 flB Insiders'trades. Brokers'recommendations. Dividend table. I Hlj Ot IjS IUI&M The pages also cover transactions by directors and substantial shareholders. In other words, news you can use.
      27 words
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  • Article
    Lock icon SGX MAINBOARD
    6914 16 Transaction date: Apr 21 52-Wk Td Last Vol Day Last Quote GrDrv Mr GrYM Net MCap High low Code Company Sale rOOO) High Low Buyer SaBer Cvr m Smi 57.9 32.9 5834 A-Sonic 41.5cd -1 333 42 5 41.5 41.5 42.5 5 N9.7 0.6 14.7 140.5 8 5300
    6,914 words
  • Article
    Lock icon SGX XTRANET
    62 16 UNk Tal Lan M Day UatOama btt> Dt> OrTK M*t mom ■»mcm mi w ni u» c» w w MM) n» OB Dvmonk UUOGO jt» ***** am soiisTetfi usmt UK! ISMSOSpov (BBSS s»oi aitntSZ usbzm 11}» VM tilN !WB UV1.XXJ HIV) 1WC 1JW 67ft STIETT 100, 1890 J
    62 words
  • Article
    Lock icon SGX SESDAQ
    1898 16 U* Trf Lml IM Day MOM GrOfe Ow GrYU MM MCaa I—> C»6» Cl«Ht Ml W- fW| to >■>» khr Co It HI W 26 75 5000 ABRMdgsk 119 t5 165 BS 42 15 2101 APCMSc 3t<d 05 40 31 31 30.5 315 5 W.I 04 U 3lb
    1,898 words
  • Article
    Lock icon CLOB INTERNATIONAL
    335 16 »-Wk tat Urt V* 01* LatfQaM* M» CrtW Mm MCaa HH6 Imm Cad* Ctm 9 m, Mi f> W» lorn mrfm Sdter X Cw v. Wt <J US I0( <00» AVienniogsA2Sc A2I5 u>«}i 6 ?1S 715 213 21S 40 SX 47 k2 4B1 too' G»Cv» r Pur XX
    335 words
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  • BIZIT
    • Article, Illustration
      Lock icon S'pore IT spending to cross US$3.5b in '05
      650 17  -  BT exclusive But as a mature market, its rate of growth will be less than half that of the Asia-Pacific region outside of Japan. Raju Chellam has the details Raju Chellam STRONG replacement demand coupled with an improving economic outlook will see
      Source: IDC  -  650 words
    • Article, Illustration
      Lock icon Video conferencing on the road
      505 17  -  Rize Int'l says its new tool offers realistic virtual meetings with up to 200 participants By Amit Roy Choudhury HOLDING a impromptu video conference with your boss while sitting in a hotel room in some distant city could become widespread even among smaller companies if
      505 words
  • Article
    Lock icon COMMODITIES
    1627 17 SICOM FUTURES Apr 2 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 04 ***** Jun 04 232.75 Jul 04 235.25 Aug 04 235.75 Sep 04 236.25 Oct/Dec 04 236.25 RSS 3 (US cents/kg) Volume Open Month Hlqh Low Sett (tonnes)
    1,627 words
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  • Taking IT Abroad
    • Article, Illustration
      Lock icon NCS takes slow and steady road to China deals
      773 18  -  Tang Weng Fai finds out why airport infrastructure engineering firm NCS Communications Engineering sees huge potential in China Tang Weng Fal THE airport engineering infrastructure business is not for those with their heads in the clouds, but the figures coming out
      AP  -  773 words
    • Article, Illustration
      Lock icon STE to invest $10m in China business
      689 18  -  Firm is spurred by $8b land transport engineering market All stories by Tang Weng Fai SPURRED by an $8 billion a year land transport engineering market in China, ST Electronics will be sinking more than $10 million to expand its business reach there
      FILE PHOTO  -  689 words
    • Article, Illustration
      Lock icon Stratech moving into transport systems market
      557 18 MAINBOARD-listed Stratech Systems will find the Chinese land transport market too attractive to resist with the setting up of the Singapore Solutions Centre (SSC) in Shanghai this week and its role as a cluster leader in the new business centre. SSC bands together 19
      FILE PHOTO  -  557 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      27 18 Jk An IDA series spotlighting I local Infocomm companies, 8 M Mm—mm and how they have ventured m beyond Singapore with their Infocomm capabilities SINGAPORE and solutions.
      27 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon NT-bound guns seized
      66 19 [GIOIA TAURO, Italy] An Italian policeman inspecting a container after customs officers seized more than B,oooKalashnikovs and other weapons, including AKM rifles and machine guns, on a ship at the southern Italian port of Gioia Tauro on Tuesday. The arms, worth about six million euros (Ssl2 million),
      REUTERS  -  66 words
    • Article, Illustration
      Lock icon Cruises commit US$200m to revamp NY terminals
      510 19  -  NCL and Carnival Cruises to enjoy incentives in return By Beth Jinks [SINGAPORE] Singaporelisted Star Cruises' US subsidiary Norwegian Cruise Lines (NCL), together with Carnival Cruises, have committed US$2OO million in port dues to support a major development of New York's cruise ship
      FILE PHOTO  -  510 words
    • Article
      Lock icon ST Engg unit, Hartford tie up to launch shipping diploma course
      237 19  -  Beth Jinks [SINGAPORE] ST Education Training Pte Ltd (STET) and Hartford Group have launched a new threeyear shipping diploma course. The Diploma in Shipping and Transportation is designed to earn a "professional sea-going qualification to sail as a junior
      237 words
    • Article
      Lock icon TRANSPORT STOCKS
      306 19 SGX '000 S$ W- Vol CH Offshore .0.40 -0.01 4371 ChuanHup .0.53 unch 444 Cosco Investment 1.09 -0.03 9240 CWT Distribution 0 54 unch 0 Ezra Hldgs 1.09 unch 253 Freight Links .0.12 unch 102 GB Holdings .0.73 unch 37 Jaya Holdings 0 84 -001 3637 K1 Venture
      306 words
    • Article
      Lock icon AP Moeller to build US$500m terminal in Portsmouth
      155 19 Bloomberg [PORTSMOUTH] AP Moell-er-Maersk, the world's largest container line, will invest about US$5OO million to build a terminal on the Elizabeth River in Portsmouth, Virginia, to quadruple its port capacity in the area. The existing terminal in Portsmouth has operated at full
      Bloomberg  -  155 words
    • Article
      Lock icon Move to speed up Melbourne port channel deepening
      277 19 The A$350m-450m project will be completed by 2007 Beth Jinks [SINGAPORE] Channel deepening at Australia's busiest container port, Melbourne, will be fast-tracked to ensure its completion by 2007, the Victorian state government announced. The project will be legislated a priority, have approvals
      Beth Jinks  -  277 words
    • PORTShots
      • Article
        Lock icon Ports of Auckland box volumes Call
        170 19 Bloomberg [AUCKLAND] Ports of Auckland Ltd, New Zealand's largest port, said it handled one per cent fewer containers in March than a year ago after losing a shipping service to a rival. The company, which handles about half the containers shipped to and from
        Bloomberg  -  170 words
      • Article
        Lock icon Southampton terminal plan rejected
        57 19 Bloomberg [LONDON] Associated British Ports Holdings pic's proposal for a new container terminal at Southampton, was rejected by the UK government, citing environmental concerns. The shares fell as much as 6.9 per cent. The company was planning to invest £600 million (Ssl.B billion) to build a
        Bloomberg  -  57 words
      • Article
        Lock icon P&O signs 40-year Antwerp deal
        108 19 Bloomberg [LONDON] Peninsular Oriental Steam Navigation Co, the largest UK shipping company, signed a 40-year agreement to equip and operate the Deurganckdok container terminal at Belgium's Port of Antwerp as it expands its port business. P&O will own 67.5 per cent of a joint venture
        Bloomberg  -  108 words
    • Article, Illustration
      Lock icon LNG orders signal trade growth
      692 20  -  NEWBUILDS By David Hughes Relatively few orders feature this week but six of those are for LNG carriers which means that the short list of contracts is worth well over US$l billion. The timing of these orders emphasise the latest study by UKbased Ocean Shipping
      FILE PHOTO  -  692 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      113 20 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
      113 words
    • Article
      Lock icon SHIPPING GUIDE
      7102 24 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyaqe Telephone S'N Destn Name Name Number Number SIN Dest'n Name Name Number Number 06/05 18/05 HamburgSud EVER GUIDE 020W 65-*****133 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 06/05 19/05 HamburqSud CAP COLVILLE 001W 65-*****133 01/05 10/06
      7,102 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        577 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER338 E4101 13 A/SIDE 22/04 02OC DELMASCHARC 415E J25 A/SIDE 22/04 030< E LINK 3 ELK320 J4 A/SIDE 22/04 063C LUSH AN 50 J15/16 A/SIDE 22/04 230( RIMBA TIGA DENNIS J10 A/SIDE 22/04 235S SHANNON EXP 08/04 J3 A/SIDE
        577 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1696 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MARIGOLD 013S 013S 1 25/04/2004-15:00 26/04/2004-07:00 ACXSAKURA 029N 029N 1 22/04/2004-23:59 23/04/2004-12:00 ALAMJAYA 2 _8892N_ 8892N 1 24/04/2004-07:00 24/04/2004-14:00 A1AMJAYA 2 8893 8893 1 25/04/2004-06:00 25/04/2004-14:00 ALNOOF C291W C291W
        1,696 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        141 25 Apr 26 Italy: Liberation Day. NZ: Anzac Day. Apr 26 Australia: Anzac Day. Apr 29 Japan: Greenery Day. Apr 30 Vietnam: Victoria Day. May 1 Belgium: Labour Day. China: Labour Day. France: Labour Day. Germany: Labour Day. HK: Labour Day. Italy: Labour Day. Norway: Labour Day. Philippines: Labour
        141 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        808 25 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
        808 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        628 25 Carbon 180 Max 989.7 0.3 14.9 0.05 36 0.04 Apr IS Density Water Residue AshAlumlnlum Sediment No above E25 0 0 0 0 0 0 380 Ave 985.9 0.3 13.5 0.05 26 0.02 Coon 380 Max 994.4 0.7 17.8 0.08 64 0.05 kg/M'3 v/v u/u m/m
        628 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Air France plans to raise capacity in Asia by up to 34%
        649 26  -  By Donald Urquhart [SINGAPORE] Air France is set to expand its capacity by as much as 34 per cent in Asia this year as it moves to tap the growing air travel demand in the region fuelled by
        649 words
      • Article, Illustration
        Lock icon International airlines to pay more for fuel this year
        475 26 Iata estimates carriers will pay US$67b for jet fuel this year Reuters [WASHINGTON] Airlines that fly internationally are expected to pay US$B billion more for fuel this year than in 2003, the International Air Transport Association said on Tuesday. Giovanni Bisignani,
        Reuters; AFP  -  475 words
      • Article
        Lock icon Alitalia to increase capacity by 12% under business plan
        482 26 ALITALIA WOES Unions threaten to go on strike if govt doesn't take action to rescue airline Bloomberg [ROME] Alitalia SpA, Italy's largest airline, plans to increase seating capacity by 12 per cent a year over the next three years and boost
        Bloomberg  -  482 words
      • Article
        Lock icon Plane loses part of wing in runway collision
        262 26 AFP [ROME] Dozens of passengers were forced to slide down emergency chutes on Tuesday after their Alitalia plane lost part of a wing when it collided with a service vehicle on an Italian runway, the airline said. None of the 91 passengers
        AFP  -  262 words
      • LOGBook
        • Article
          Lock icon Plane hits staff at Kathmandu
          75 26 AFP [KATHMANDU] An airplane preparing for takeoff struck and killed one of the carrier's own employees on Tuesday at the main airport in Nepal's capital Kathmandu, an official said. Pankaj Swar, part of the ground staff of the privately owned Buddha Air, was hit by
          AFP  -  75 words
        • Article
          Lock icon China Airlines to buy two jets
          112 26 AP [TAIPEI] China Airlines, Taiwan's largest carrier, plans to spend U*****.8 million on two Boeing Co 474-400 freighters ordered last week, the firm said in a statement to the Taiwan Stock Exchange. The airline has said the planes, expected to be delivered in 2006,
          AP  -  112 words
        • Article
          Lock icon Narita sees big holiday rush
          132 26 Bloomberg [TOKYO] Narita International Airport Corp, one of Japan's biggest airport managers, said it expects to handle 69 per cent more passengers during the nation's so-called Golden Week holidays in late April and early May compared to the same period last year. The number of
          Bloomberg  -  132 words
        • Article
          Lock icon Sydney airport earnings up 13%
          84 26 Bloomberg [SYDNEY] Macquarie Airports said earnings from its Sydney Airport Corp subsidiary rose 13 per cent in the three months ended March 31 because of an increase in international passengers and returns from retailers. Sydney Airport had earnings before interest, tax, depreciation and amortisation of
          Bloomberg  -  84 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2100 26 ott FuotT ra man no ehms i650 so428 2325 MlllHl LN9771 1040 IA73I2 2215 EK430 2005 SOOO »<0 OFK iZB Fraktart AC9951 0630 IH»7*5 IMS MuHrMl $023 0005 CA974 0130 LH9762 0630 S0326 1345 KL837 1450 K1838 2255 $025 0630 BA7305 2255 S024 2345 LH778 1555
        2,100 words
  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      25 19 Air France plans to raise capacity in Asia by up to 34% Back Page International airlines to pay more for fuel this year Back Page
      25 words
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      Lock icon Page 19 Advertisements Column 2
      180 19 SMa School of Management is a division of Singapore Manufacturer's Federation (SMa). SMa was founded in 1932 as a government body ■■■■B representing the manufacturing companies. With a clientele and membership base of 2,500 corporations categorized into 11 industry groups, we have strong industry linkages connecting you to excellent job
      180 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      714 20 I Tmport I NORTH AMERICA AUSTRALIA/NEW ZEALAND |«sra SHUTTLE FXPRFSS fSSX) an» AUSTRALIA ASIA EXPRESS (AAX) VESSEL VOY Id SIN PKG mmmmmm PIO NEDUOYD HOUTMAN 21W14 07/04 25/04 27/04 VtSSU 5!?! ?H!L_ P4O NEDLLOYD KOBE 38W15 14/04 02/0S 04/05 API IVORY 71N 10/04 12/04 14/04 16/04 20/04 25/04 27/04 LOS
      714 words
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      Lock icon Page 20 Advertisements Column 2
      538 20 Lines services represented by /toft Membersof Ihe Registry of «*•"*«f |G9| Accredited Shipping Agens. Lo 9' sl,t xgm Singapore Shipping Association ssocio ion UIY UNE MAU VESSEL VOY ETA ETA ETA A P.KLANC SPORE MALE China Star 016W 23/04 03/05 Kota Tegap TGAO62 26/04 06/05 Princess Lily 0304 30/04 12/05
      538 words
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  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      742 21 t MOL Combines a range of shipping modes lo ensure timely/ reliable services covering major porta in Norm America, Europe, Japan, Asia, Africa Oceania. Also occult Intra-Asia Cargoes toe WSAII/KWAHGVAHG SHANGHAI YANTIAN XIAMEN QRKSDAO BELAWAN JAKARTA SURABAYA KAOHSUNG lANGKOK LAEM CHAIANG HOOWMW PASW GUpANG PBwiG PORT KIIANG For Schedules, BL
      742 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      865 21 SINGLE. 16 RAFFLES QUAY #36-01 SALES/BKGS TEL: *****857/43 FAX: 6238 5321/24 COSTAR SHIPPING PTE LTD hong leong building outward (b/u *****802 *****325/75 CR NO. **********0 M SINGAPORE *****1 INWARD(O/0) *****786 *****319/49 JOHOR'S OFFICE' TEL 6226 1900 (MAIN) T/SHIP DEP 6420 5825 *****316/46 COSTAR AGENCIES (M) SDN BHD TEL 07-353 8166
      865 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 3
      579 21 VESSEL I VOY I M I PGU 1 HCM 1 HKG' 1 KYHlPUSI SIN PKG HERTFORD QO?N 27/4 7B/4 30/4 PERTH BRIDGE 0S3A ~i7T 8/5~ PAC AQUILA 406N I 4/5 I 5/5 I 7/5 NEW DYNAMIC 060A 1375" T57T~ I GOLDEN TRADE I4Q1N I 11/S I 17/S I 14/S 7|
      579 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      1627 22 eft E I MA C ENQUIRIES/BOOKINGS: *****344 FAX: *****433 E-MAIL: d*lmas«<Mina*.eom.afl ™IlltlV DOCUMENTATIONS/OPERATIONS: *****837 FAX: *****177 iiUMI CTOSSTUM U» BMI CONTAINER StRVKI TO WtST AFRICA BJtOPf [VtSSa VOY SINGAPORE PORTKELANG LE HAVRE DAKAR lANJUL CONAKRY Hyundai (Senwal 3SOW 24/04 24/®5 02/06 ~***** H* Hyundai Independent 320W 03/05 04/05 19/05 31/05
      1,627 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      579 22 BSA ii. MYANMA PQ FIVE STAR LINE (Myanmor National Um) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 32SW SID HPA-AN 320W SID SU> IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL: 03-*****300 PKL: 03-*****101 PEN: 04-*****02 A"— ACCEPTING CONVENTIONAL C6O VESSEL vor HKG SIN PGU PKL KUC JACARAOA ACE
      579 words
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  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      1465 23 VESSEL VOY SIN PKI PXB BAB DMM BIK CHABAHAR |KHORRAMSHAHR IRAN KERMAN PCL 365 24/04 SKIP 02/05 03/05 09/05 11/05 *****j ***** IRAN SHAHRYAR PCL 8032 30/04 01/05 09/05 10/05 17/05 19/05 21/05 23/05 IRAN SATTARI PCLBO3I 07/05 08/05 17/05 18/05 25/05 27/05] 29/05 31/05 IRAN TEHRAN PCL36B 15/05 16/05
      1,465 words
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      Lock icon Page 23 Advertisements Column 2
      618 23 UK CONTINENT SERVICE Loading for GLORIUS RTM/ATW/BMN/U K/NAN ATERMON RTM/ATW/BMN/U K/NAN Loads Singapore, EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for RAVENNA DBI/ABU/DOH/BRN/DMM/KWT VTC STAR DBI/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/JDH/AQA 'Loads Singapore, EVW Malaysia, Indonesia USA SERVICE Loading for NENA M CAM/NOL/NFK/SAV YONG AN 4 CAM/NOL7NFK/SAV/TPC FALCON TRAVELLER VCW/LAX/MZL "Loads E./W. Malaysia,
      618 words
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      Lock icon Page 23 Advertisements Column 3
      761 23 VtSSEI VOY SIN POU PAC i*HD* M92N 21/ M 22/04 ALAMJAYA 2 JJJ3 25/04 27/04 PAC BANDA 1193H 22/04 23/04 PAC RINTAM 9245 26/ M MM PAC lANDA U94H 24/04 25/04 MATABAM »P M/ 04 30/04 »*NPA 119SN 26/04 26/04 PAC BINTAN 9246 03/05 05/05 PK mhpa H96M 27/04 27/04
      761 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      109 25 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols "v Showers Full circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x Hazy A One solid triangle represents 50 knots
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