The Business Times, 19 February 2003

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Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 MITA(P) 010/03/2002 85c THE BUSINESS TIMES SINGAPORE j Internet: http://business-times.asial.com.sg WEDNESDAY, FEBRUARY 19, 2003
    14 words
  • Article, Illustration
    Lock icon Foreign banks shift forex ops back to S'pore
    904 1  -  f-H exclusive! Move out of Tokyo prompted by combination of pnsh and poll factors By Catherine Ong [SINGAPORE] Foreign banks that moved their currency trading operations out of Singapore to Tokyo and Sydney three years ago are starting to return to the
    Source: MAS  -  904 words
  • Article
    Lock icon Comfort quitting 2 businesses, 50 jobs may go
    438 1  -  Taxi operator's 9-mth profit jumps 40.5% to $72.6 m Byl Christopher Tan [SINGAPORE] Singapore Labour Foundation-linked Comfort Group is dumping its courier and car distribution businesses a move expected to cost 50 or more jobs despite posting another set of glowing financial
    438 words
  • Article
    Lock icon MARKETS
    73 1 *n 1,293.81 (-7.38) ST INDEX FUTURES 1,290.00 (-9.00) SIMSCI FUTURES 155.60 (-0.80) Tuesday Change KLSECOMP 657.45 -1.88 NIKKEI 225 8.***** -78.92 HANG SENG 9.397.05 tUO SET INDEX 370.45 +1.74 JAKARTA COM P.-402.94... 145 MANILA COM P .1.***** -4.12 TAIPEI WPI 4.605.31 -99.77 SEOCL COMP —603.45 +158 SHENZHEN B -206.59
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  • Article
    Lock icon FINANCE
    77 1 FOREX RATES us$ s$ rss (SSptr CSS) 1.751 S|l SS/SS per 1.801 1803 El'RO|lSS/SS/E). 1074 1.880 YEN 119.3 68.10 RM 3.800 1170 HKS 7.800 4.455 BAHT 4.101 24.56 RI'PIAH 8,873 5.068 RENMINBI 8199 4.740 INDIAN Rl PEE..... 47 73 27.26 PRIME RATES SINGAPORE* 525 Kl'ALA LI'MPTR 6.40 HONG KONG
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  • Article
    Lock icon Record 96,000 vehicles scrapped last year
    464 1  -  Deregistration frenzy leads to rare shrinkage in car population Byi Christopher Tan [SINGAPORE] Close to 100,000 vehicles were scrapped last year a record that beats even 2000's stratospheric figure. More precisely, 96,466 vehicles were taken off the road in 2002 3.4 per cent more
    464 words
  • Article
    Lock icon Lippo Bank in trouble with Jakarta regulators
    524 1  -  Execs could face jail, fine over dual statements From Shoeb Kagda in Jakarta THE Jakarta Stock Exchange (JSX) yesterday ruled that PT Lippo Bank, Indonesia's seventh-largest bank, breached banking regulations by publishing two different versions of its annual financial statements and thus misled
    524 words
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon All in the family
        66 2 AT a news conference to announce a new distribution agreement with Toyota Digital Cruise, Singapore Telecom's executive vice-president of corporate business, Lim Chuan Poh, was asked about SingTel's other Japanese partnerships. In reply, Mr Lim quipped: "The telco world is an incestuous one. We make love
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      • Article
        Lock icon Just doing the logical thing
        132 2 ALM Advisors (www.almadvisors.com) said this in its Jan 31 report: "The (US) consumer has done what most rational people would do if they thought the end of the world was near. They'd stay near their families, put more protection around themselves (in bigger cars and
        132 words
    • Article, Illustration
      Lock icon FairPrice enters hypermarket business with China venture
      876 2  -  The JV will provide merchandising and logistics services toNextmart From Kalpana Rashiwala in Shanghai HOMEGROWN supermarket chain NTUC Fair Price is entering the hypermarket business, and its maiden venture will be in China. The co-operative and DBS Private Equity will hold a controlling
      FILE PHOTO  -  876 words
    • Article
      Lock icon China beats US to emerge as top exporter to Japan
      430 2  -  Sino-Japan trade hit USsloob last year, says Jetro From Anthony Rowley in Tokyo CHINA'S dramatic emergence as a major player on the global economic stage was underlined in figures released yesterday by the Japan External Trade Organisation showing that two-way
      430 words
    • Article
      Lock icon Staying put pays off for UBS forex spot trading
      366 2  -  By Catherine Ong [SINGAPORE] Richard Low put his job on the line three years ago when he fought against a proposal to shift ÜBS Warburg's foreign exchange spot trading business from Singapore to Tokyo. The bank's managing director for forex trading
      366 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      215 2 iniirii ■■NMMRI9 < .-^^BBBKaR^^ V^H f?K. Wr# IT *t *,-< llKij mg£ 'flH^ AND ALLTHAT JAZZ. Ulatch us unueil our newly refurbished Hotel Phoenix Lobby Lounge as we bring gou to Chicago, the mouie. Come join IB on the 21 28 February 2003, at 7.30pm, to an evening of fashion
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  • SINGAPORE companies
    • COMPANY Briefs
      • Article
        Lock icon Oculus to place out 20m new shares
        110 3 SESD AQ-LISTED contact lens maker and distributor Oculus yesterday said it will place out 20 million new shares at 7.5 cents each to Xiang Le Pte Ltd, an investment holding company. Net proceeds of $1.45 million from the private placement will be used
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      • Article
        Lock icon Bonvests earnings jump to $6.4m
        46 3 BONVESTS Holdings posted full-year net profits of $6.4 million, up from the previous full-year's $1 million. Turnover rose 12.1 per cent to $203.8 million. Food and beverage saw the largest increase in revenue. First and final dividend: 2 cents per share.
        46 words
      • Article
        Lock icon Tai Sin to buy Lim Kim Hai Electric
        35 3 SESDAQ-USTED Tai Sin Electric Cables Manufacturer yesterday said it will acquire an industrial electrical products distributor, Lim Kim Hai Electric Co (S) Pte Ltd, for $15 million.
        35 words
      • Article
        Lock icon Nera unit bags GSM network deal
        37 3 NERA Telecommunications Ltd says its wholly-owned subsidiary, PT Nera Indonesia, has entered into an agreement with PT Telekomunikasi Selular (Telkomsel) to provide and operate a GSM mobile telephone network in Indonesia.
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    • Article
      Lock icon CM NetCom launches HK retail teleco service
      226 3  -  By Stephanie Yap CHINA Motion Net Com Limited (CM Net Com) yesterday launched China One its retail telecom services in Hong Kong with the aim of offering quality cross-border as well as worldwide communications services for its Hong Kong customers. CM Net Com
      226 words
    • Article
      Lock icon Temasek to take 9% stake in Autron
      344 3  -  Share placement to raise over $10m for Antron's China expansion By\ Serena Ng JUST over a month after it took a strategic stake in water treatment firm Hyflux, Temasek Holdings' Seletar Investments has agreed to take a 9 per cent stake in homegrown
      344 words
    • Article
      Lock icon Sinwa KS offers 25m IPO shares at 23 cents each
      335 3  -  By 1 Stephanie Yap HOMEGROWN regional marine supply and logistics company Sinwa KS Limited yesterday launched its initial public offering, with its eyes set on becoming a global player. The Sesdaq listing aspirant, which won an Enterprise 50 award in
      335 words
    • Article
      Lock icon SGX must transfer all its regulatory functions to MAS
      639 3  -  HQCKPffyffTI wong wei kong THE Singapore Exchange (SGX) is now mulling over transferring its member inspection function to the Monetary Authority of Singapore (MAS). Seriously, it should go the whole hog, and shed all its regulatory functions. This will allow it
      639 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      458 3 We invested five years in the development After all, it's the seconds that count. of the Langematik. m The Langematik. For our engineers, the I I development of the first self- I————— winding Lange wristwatch with the he Lange Zero reset L 921.4 "SAX-O-MAT Calibre was An unprecedented feat of
      458 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      328 4 OTHER SINGAPORE INDICES Feb 18 VALUE CLOSE ■TOADS 33.00 -62.00 BTCAM -*****.00 30 00 BTlO-feyMA 13 00 M-SG EqaMes 345.65 -1.71 SG Eqoibes Elect 114.46 +033 SGEqalttesFla 1109.91 3^4 SG Eqeibes Prop 311.00 -032 M9CI Singapore 158.81 -0.84 SMSCI F uteres 158.60 -0.80 Stocks Vatom* Reed Grp 5c H0.279.CXX) ST
      328 words
    • Article, Illustration
      Lock icon US dollar bulls hopeful; stubborn bears hang on
      849 4  -  |:llonger view CURRENCIES Ten's sndden strength against greenback comes as a surprise larry wee US dollar bulls may have been inspired by the week's sharp fall in gold prices and Friday's impressive comeback on Wall Street, but the bears are still hanging
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    • Article, Illustration
      Lock icon A session without surprises as quiet trading prevails
      749 4  -  I- I I comment STOCKS r. sivanithy IT'S rare that the stock market delivers a thoroughly unsurprising performance that is, one that's completely within expectations. But this is exactly what punters got yesterday a session that bore no surprises. Before going into
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3326 4 UNIT TRUSTS FUNDS S B Set Gib Bigness Ldrs Ptfl(USO) 0.76* CiiumuiUimIi AjMt Mgt A8N Anro Asset Mat (S'pore) Com Global Finance Index Fd 0 6* Star Europe Eqty!** 0.563/ Com Global Lifestyle Index Fd 0.779/ Star Europe Bd 1.201/ Com Global Health Index Fd 0.731/ Star Europe Bal 0
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  • CORPORATE earnings
    • Article, Illustration
      Lock icon DelGro net profit slips 6.5% on higher costs
      309 5  -  Insurance, accident compensation increases a sharp 42.7% to $40.6 m Byi Christopher Tan BUS group DelGro Corp posted a 6.5 per cent drop in net earnings to $57 million for the year ended Dec 31, 2002, on a 3.1 per cent rise
      309 words
    • Article
      Lock icon Inter-Roller to pay dividend from its retained profits
      553 5  -  It posts $238,000 loss but expects to be in black in '03 By\ Serena Ng DESPITE posting a net loss for 2002, Inter-Roller Engineering will pay shareholders the same rate of dividend as the previous year when it made a profit. The
      553 words
    • Article, Illustration
      Lock icon Noble posts US$30m profit as turnover soars 61%
      506 5  -  It proposes 25% more dividend, l-for-4 bonus share By' Ven Sreenivasan HIGH commodity prices helped commodities and supply chain management specialist Noble Group Ltd post record turnover and profit, and announce a 25 per cent increase in dividend payout. The company, which
      506 words
    • Article, Illustration
      Lock icon Jurong Tech net up 69% to $14m as sales soar 91%
      460 5  -  By David Boey JURONG Technologies Industrial Corp. an electronics contract manufacturer, is gearing up for another busy spell after reporting a 69 per cent jump in profits for FYO2 to a record $13.98 million. Jurong Tech said two major
      CHRIS LOH  -  460 words
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      Lock icon Page 5 Advertisements Column 1
      26 5 Calling all companies If you have decided on the date to release your financial results, give us a call at 6319-5318 or email us at btnews@sph.com.sg
      26 words
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      Lock icon Page 5 Advertisements Column 2
      520 5 PRIVATE m. \JL f V TP I SINGAPORE SOCIETY OF I If If r* AA I I Wm financial analysts J 3 Credit Hours MANAGEMENT An investment workshop addressing techniques for prudent investing, effective client relationship management and opportunities in private wealth management. B:3OAM 12:OOPM, TUESDAY 4TH MARCH 2003 Raffles
      520 words
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  • SINGAPORE news
    • Article
      Lock icon Nets, local telcos launch mobile payment
      262 6 THE Network for Electronic Payments (Nets) said yesterday it was partnering all three mobile telcos to operate Singapore's first mobile network offering payment for purchases on handphones. The service, called YWB (for "Why Wait"), was first launched on a nine-month trial basis last March.
      262 words
    • Article
      Lock icon Foreign talent policy here to stay: SM
      477 6  -  Little choice with falling birth rate, drive to be global city By' Vince Chong WITH Singapore's annual birth rate dropping from 60,000 about 30 years ago to 40,000 now, the chance of finding world-class players among locals alone is slim. Senior Minister Lee
      477 words
    • Article
      Lock icon Tuas Power starts construction of plant
      193 6 TUAS Power Ltd yesterday said it has started construction work on its $500 million gas-fired, combined-cycle power generation plant, which is expected to be completed one year earlier. The project consists of two plants, each generating 367.5 MW, and is expected to be fully
      193 words
    • Article, Illustration
      Lock icon Post-grad hotel management course from 2004
      319 6  -  By Andrea Tan THE International Hotel Management School (HMS) is off to a good start. Next year, it will offer Singapore's first graduate hotel management programme with America's prestigious Cornell Hotel School and Nanyang Business School. HMS is a joint venture between the Singapore
      JAMES CROLICHER/ST  -  319 words
    • Article
      Lock icon Workshop for public at life insurance congress
      171 6 THE 7th Asia Pacific Life Insurance Congress, which will be held at the Singapore Expo from tomorrow to Saturday, is not just for insurance professionals there is also a workshop for members of the public on Friday evening. Financial adviser Deena Katz and
      171 words
    • Article, Illustration
      Lock icon Eateries sales down for 17th month
      205 6  -  PHil on the economy catering trade By Elgin Toh THE Catering Trade Index fell for the 17th consecutive month in December 2002, posting a year-on-year decline of 4.5 per cent, according to figures released by the Department of Statistics (DOS). The index, which measures
      Source: DOS  -  205 words
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      Lock icon Page 6 Advertisements Column 1
      149 6 Baker <fc M?Kenzie.Wong Leow is pleased to welcome partners from the Asia Pacific offices of Baker M?Kenzie to the 2003 Asia Pacific Partners' Meeting 7 9-22 February 2003 Singapore Asia Pacific Europe/Middle East North and South America Almaty Amsterdam London Bogota Monterrey Baku Antwerp Madrid Brasilia New York Bangkok Bahrain
      149 words
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  • REGIONAL news
    • Article
      Lock icon US electronics investment in M'sia dives 30%
      454 7 KUALA LUMPUR Industry group sees further falls this year as global sentiment weakens AFP INVESTMENT by US electronics firms in Malaysia plunged 30 per cent year-on-year in 2002 and may suffer further this year amid weak global sentiment, an industry group said yesterday.
      AFP  -  454 words
    • Article
      Lock icon Malaysia's fiscal package to be broad based
      181 7 KUALA LUMPUR Reuters THE package of growth measures Malaysia plans to unveil by the end of March will be aimed at strengthening its economy over the next two to three years, a government economic adviser said yesterday. "It will not be the usual,
      Reuters  -  181 words
    • Article
      Lock icon Hamid's remarks contradictory: S'pore
      235 7 SINGAPORE'S foreign affairs ministry yesterday pointed out a contradiction in Malaysian Foreign Minister Syed Hamid's remarks over opposition to plans to replace the Causeway. Malaysian Prime Minister Mohamad Mahathir had earlier said that at a meeting with Singapore Senior Minister Lee Kuan Yew, the latter told
      235 words
    • NOTEBook
      • Article, Illustration
        Lock icon Australia firm against Bali travel
        112 9 Reuters [CANBERRA] Australia yesterday refused to ease a travel warning for Indonesia despite lobbying by Jakarta, which says security has been improved on the island resort of Bali after deadly bombings in October 2002. Indonesian Culture and Tourism Minister I Gede Ardika met Australian Foreign
        Reuters  -  112 words
      • Article
        Lock icon Midland Realty may buy Fortune
        77 9 Bloomberg [HONG KONG] Midland Realty (Holdings) Ltd, one of Hong Kong's biggest property agencies, said it may buy Fortune Realty Ltd, a rival that collapsed on Monday, and hire its 235 workers. Fortune, one of the city's top four agencies during the city's property boom
        Bloomberg  -  77 words
      • Article
        Lock icon Manila seeks US help on sanctions
        100 9 AFP [MANILA] President Gloria Arroyo has asked the US for help in holding off looming international sanctions against the Philippines for failure to bolster its anti-money laundering regime, spokesman Ignacio Bunye said yesterday. "The government has sought the assistance of the United States to
        AFP  -  100 words
      • Article
        Lock icon Philippine oil inventories up
        70 9 Bloomberg [MANILA] The Philippine government said it boosted oil inventories to their highest level in five years as it prepared for a possible war in the Middle East. Oil supplies are enough for 70 days, Energy Secretary Vincent Perez said, higher than the 62-day supply he
        Bloomberg  -  70 words
      • Article
        Lock icon 700 Thai govt staff in drug trade
        70 9 AFP [BANGKOK] More than 700 government staff are involved in drugs trafficking in Thailand, Prime Minister Thaksin Shinawatra said yesterday, warning of action against authorities who do not pull their weight in his tough drugs crackdown. "I have received a preliminary report from
        AFP  -  70 words
      • Article
        Lock icon Petrol prices go up in Vietnam
        69 9 AP IHANUIJ Petrol stations m Hanoi reopened tor business yesterday after turning motorists away over the weekend ahead of a government-imposed price hike triggered by the looming war in Iraq. Petrol went up 300 dong per litre yesterday to 5,300 dong (550.60). The government
        AP  -  69 words
      • Article
        Lock icon M'sia manufacturing sales up in Dec
        41 9 Reuters [KUALA LUMPUR] Malaysia's manufacturing sales rose 11.7 per cent year-on-year in December 2002 to RM25.8 billion (5511.9 billion), the Statistics Department said. Month-on-month, sales fell 1.9 per cent from RM26.3 billion in November. Reuters
        Reuters  -  41 words
    • Article
      Lock icon Banks snub Run Run Shaw's studio project
      463 9 HONG KONG He's nownsinghis own firm's cash to help complete the HKs9som project Bloomberg MOVIE mogul Run Run Shaw, whose career spans from 1920s Shanghai to 1982's Blade Runner, has had to use his own company's cash to complete a new studio complex
      Bloomberg  -  463 words
    • Article
      Lock icon M'sia Airports to revamp retail outlets
      281 9 Bloomberg [KUALA LUMPUR] In a bid to stay competitive against other hubs like Singapore's Changi Airport, Malaysia Airports Holdings Bhd, which operates the nation's 37 civilian airports, plans to revamp its airport shops and encourage passengers to spend more. Malaysia Airports will start the
      Bloomberg  -  281 words
    • Article
      Lock icon China's Jan industrial production up 14.8%
      424 10 BEIJING Soaring output of cars, computers and mobile phones maintain expansion Reuters CHINA issued another signal yesterday that its economy is still growing powerfully, announcing industrial production rose a robust 14.8 per cent in January, propelled by soaring output of cars, computers and mobile
      Reuters  -  424 words
    • Article
      Lock icon China graft chief vows to clean up scourge
      280 10 GRAFT BUSTERS He warns of 'extreme danger' of corruption to nation AFP [BEIJING] China's top graft buster has warned of the "extreme danger" to the nation of rampant corruption in the government and the Communist Party and vowed to seek new methods
      AFP  -  280 words
    • Article
      Lock icon Minister raps own parly for graft
      173 10 JAKARTA AFP AN Indonesian minister has taken aim at his own party, describing it as the most corrupt in the country. Minister of National Development Planning Kwik Kian Gie, quoted by yesterday's Jakarta Post and Antara news agency, said the Indonesian Democratic Party of
      AFP  -  173 words
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      Lock icon Page 7 Advertisements Column 1
      170 7 DANCES OF THE SPIRIT, THE THEATRE OF LIFE Esplanade Presents CENTRE f l Revue by John Neumeier Ballet (Germany) WLS, -ifKiU Cost ime design by Giorgio Armani. Music by Leonard Bernstein, American composer and ft conductor. Set design featuring spectacular "S of New York City skyline. Performed by burg Ballet,
      170 words
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      Lock icon Page 7 Advertisements Column 2
      1278 7 2002 results announcement m "W noble Year ended 31 December 2002 I I noble group limited-worldwide suppliers of raw materials necessary for economic growth I (Incorporated in Bermuda with limited liability) The Board of Directors of Noble Group Limited is pleased to present to you below the audited consolidated results
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Struggling in a quagmire of debt in India,
      793 8  -  ■E7TT4 bottom line OPINION yogi aggarwal IT WAS a sign of the times when a debt recovery tribunal recently attached part of its administrative HQ in Bombay for defaulting on loan repayments. A debt crisis which has slowly but invisibly been building
      793 words
    • Article
      Lock icon IN OTHER WORDS
      76 8 That's like the guy who's jumping off the Empire State Building and passing the fourth floor saying: I'm not doing too bad.' -Barney Frank a US congressman, on the performance of Federal Reserve chairman Alan Greenspan. 'I chose freedom of the mind, not freedom of the body.'
      76 words
    • Article
      Lock icon PSA clears the decks
      640 8 EDITORIAL PAINFUL but inevitable —and, hopefully, laced with silver linings. That would be a fair verdict on the restructuring PSA Corp announced as it adjusts to the new environment of tougher regional competition and a global economic slowdown. The painful part is that the port operator
      640 words
    • Article, Illustration
      Lock icon The perilous ignoring of economic wisdoms
      1032 8  -  Disregarding lessons learned will hnrt not just Americans but impinge on peoples all over in this new global economy By Paul Samuelson Tribune Media Services International THE irreverent and witty George Bernard Shaw once quipped: "The only trouble with Christianity is that it's never
      Tribune Media Services International; AFP  -  1,032 words
    • Article
      Lock icon Investors advised to hold 'world portfolio'
      524 8  -  MAI LI .7m Chris Firth CEO dollarDEX Investments I REFER to the letter "CPF fund admission criteria are neutral" from Matthew Wong (Mailbag, Feb 12). It appeared to refer to a study issued by dollarDEX for its clients. This study advocated that investors hold
      524 words
    • Article
      Lock icon Conserve these buildings
      391 8  -  Lee Kip Lee Singapore I REFER to the report "Three national monuments added" (BT, Feb 11). I wonder if the following two sites are already gazetted as national monuments. If not, may I propose to the Preservation of Monuments Board and the National Heritage Board that the
      391 words
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      99 8 Fax your letters to 6319-*****r email them to btletterQsph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your fuH name, address and telephone number for verification. Please use temperate language, and bear in mind Hbei laws. We reserve the
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  • Page 9 Advertisements
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      403 9 Since 1975 our worldwide staff of ove r 275 multi-disciplined professionals "V i including lawyers chartered accountants y J 1 cnartereo secretaries and bankers have y provided confidential and cost effective company formation in all the major low tax f areas including Th© WOrld S Incorporation Fees from USS500 Full
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      Lock icon Page 9 Advertisements Column 2
      45 9 This announcement appears as a matter of record only. December, 2002 United Global Investment Grade Collateralized Debt Obligation ("CDO") II U551,700,000,000 The Largest Managed CDO in Asia Joint Lead Managers Jill S IS w JPMorgan TJJf united overseas bank Portfolio Manager III! UOB ASSET MANAGEMENT
      45 words
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  • Article, Illustration
    Lock icon FINANCE
    1101 10 Transaction date: Feb 18 DTTERBAMK CROSS RATES AS C$ Bwti Euro HKS Ind fa Bupnh Van Won P* fa Ptto S$ UN Sfr 1$ UM Hmt IISS Australia 0.900 4.911 0351 4.615 ***** 52.509 0.706 7.102 2249 1073 34.351 32.079 L036 4.959 0.810 20.587 25.454 OJTO 0592 Canada 1.111
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  • Article
    Lock icon COMMODITIES
    1517 10 SICOM FUTURES Feb 18 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 03 ***** Apr 03 174.50 May 03 175.00 Jun 03 175.00 RSS 3 (US cento/kg) Volume Open Month High Low Sett (tomes) Interest Mar 03 1 T700 Apr
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  • WORLD news
    • WORLDWatch
      • Article
        Lock icon Renters posts first loss in 18 years
        122 11 AFP {LONDON] Financial information giant Reuters yesterday announced the first annual loss in its 18-year history as a quoted company and 3,000 more job cuts as revenue slumped amid the worst equity market downturn in years. The group said it made a pre-tax
        AFP  -  122 words
      • Article
        Lock icon CURE to boy Insignia Financial
        87 11 Bloomberg [LOS ANGELES] CB Richard Ellis agreed to buy Insignia Financial Group for about US$4l5 million in cash to form the world's biggest commercial real-estate broker. Closely held CB Richard Ellis will pay US$ll for each share in New York-based Insignia Financial, the companies said.
        Bloomberg  -  87 words
      • Article
        Lock icon Great-West buys Canada Life
        89 11 Bloomberg iwiiNiNiriiiij, ManuoDaj ureal-wesi L,neco inc agreed to buy Canada Life Financial Corp for C 57.3 billion (SsB.4 billion), topping Manulife Financial Corp's bid and pledging to cut costs by combining Canada's No 3 and No 4 insurers. Canada Life shareholders can choose to receive C
        Bloomberg  -  89 words
      • Article
        Lock icon UBS net down 29% on writedowns
        74 11 AFP [ZURICH] Switzerland's biggest bank ÜBS yesterday said that net profit slumped by 29 per cent in 2002 from a year earlier to 3.53 billion Swiss francs (554.5 billion). The drop was largely due to a non-cash writedown 0f953 million Swiss francs after tax,
        AFP  -  74 words
      • Article
        Lock icon 3G phone from Sony-Ericsson
        104 11 AFP [STOCKHOLM] Sony Ericsson, a joint venture of Japanese electronics giant Sony and Swedish telecoms heavyweight Ericsson, on Monday said it had launched its first third-generation mobile phone for the consumer market at the 3GSM World Congress in Cannes, France. Third-generation technology allows mobile networks to
        AFP  -  104 words
      • Article
        Lock icon UBS private banking inflow slows
        98 11 Bloomberg [ZURICH] ÜBS AG, the world's biggest money manager, said inflows from wealthy clients in the fourth quarter slowed to a third of the new money gained in the previous three months on concern about further declines in stock markets. Private banking clients invested 3.1
        Bloomberg  -  98 words
    • Article, Illustration
      Lock icon S'pore a base for new trend in cross-border alliances
      416 11  -  MNCsfrom different countries forming joint ventures here By Yang Razali Kassim [SINGAPORE] In what has been described as an "interesting cooperation trend", multinational companies from different countries are forming business alliances and using Singapore as their base. Hitachi and IBM have
      416 words
    • Article, Illustration
      Lock icon Over 130 killed in S Korea arson attack
      209 11 TAEGU, South Korea Reuters MORE than 130 people were killed and 99 were missing in South Korea yesterday after flames and smoke engulfed two crowded subway trains following an arson attack, officials said. The mayor of the southeastern city of Taegu said
      Reuters; REUTERS  -  209 words
    • Article
      Lock icon SK Group execs probed for illegal transactions
      270 12 SEOUL Groop denies any wrongdoing by chairman AP THE chief of South Korea's third-largest business group, SK, and 16 other executives have been barred from leaving the country pending an investigation into alleged illegal stock transactions, a Seoul prosecutor said yesterday. "We cannot
      AP  -  270 words
    • Article, Illustration
      Lock icon Chip industry seen growing decently, first time in years
      470 12 US trade group forecasts 20% jump in chip sales to USsl69b this year LAT-WP [LOS ANGELES] Anticipated strong sales of personal computers, cell phones, digital cameras and wireless computing systems are expected to produce healthy gains for the semiconductor industry in
      LAT-WP; REUTERS  -  470 words
    • Article
      Lock icon Over 5m MasterCard, Visa accounts in US accessed
      263 12 NEW YORK Reuters MORE than five million Visa and MasterCard accounts throughout the United States were accessed after the computer system at a third-party processor was hacked into, according to representatives for the card associations. Early indications were that none of the
      Reuters  -  263 words
    • Article, Illustration
      Lock icon Deutsche Bank CEO, others charged over payments
      367 13 Charges Mow probe Into huge payouts to Mannesmann top brass after takeover by Vodafone Reuters [DUESSELDORF] German prosecutors charged Deutsche Bank chief executive Josef Ackermann and Ave others on Monday after an inquiry into huge payments made to managers of telecoms giant Mannesmann
      Reuters  -  367 words
    • Article
      Lock icon US finns write down US$750b of goodwill
      406 13 NEW YORK Analysts expect USs2oob more as asset values fall Bloomberg AOL Time Warner Inc, AT&T Corp and Clear Channel Communications Inc led US companies in writing down about US$75O billion of goodwill in 2002 after overpaying for acquisitions. Corporations may have at
      Bloomberg  -  406 words
  • Article
    Lock icon STOCKS ASIA
    4651 11 Transaction date: Feb 18 for more, go to wwwjc^icumeiimarkets^om HONG KONG Vol HKMnTl 126 -002 95 W Hong Kong Electric 2920 -0.10 1246 Hongkong Chinese .0.63 0.01 314 Alpha General 021 unch 168 Hongkong Chinese Ltd 063 0.01 314 Ananda Wing On a01 unch *****0 Hopewell Holdings 680
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  • Article
    Lock icon KLSE
    2316 12 Transaction date: Feb 18 KUALA LUMPUR yo l FS8M... 1.62 -0.02 2 RM W- (*000) FW Industries .0.16 inch 0 Gadang 1.01 unch 0 A* M Realty 0.75 -0.01 1 Gamuda -5-5 005 1,1 Abric 0.91 -00* 15 GanadCorp .0.97 0.03 28 ACP Industries-— 2.95 unch 348 5 eoefa
    2,316 words
  • Article
    Lock icon SGX
    836 12 Transaction date: Feb 18 i o— a—§ na*—a omt q—i C*C 0.43 3 300 -0020 NatStMl SOc 051 2 070 CapttaLand 1.10 1340 >0020 OCBC 902 1950 Chart SmCond 26c 063 0 695 -OjOIO OUf 0 56 6.050 Grty Dm SOc 194 4340 -0320 Parlcway H 25c 0J9 a745
    836 words
  • Article
    Lock icon BONDS & WARRANTS
    515 12 BONDS WARRANTS UM Vol Cam Ixm "SS Gmt-% c—p—r Mt *m- rmm w» u> AST1VW***** 175 1 16 179 0.69 16 Aotm Ltd W*****6 2 1 SO 767 3.00 21 Amtek W*****0 785 3 SO 1 33 1 1.40 2S Armstrong W*****0 03 1 10 75 12-00 15 Bar6«SA*****110k 10**
    515 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      280 12 CRYPTIC CROSSWORD 9 One thing and another (4) Ml BB BB BB BB 12 Gossips vsrtth stories about is- 15 American friend takes a turn 16 Not much of a way to hold 17 It changes me in appearance B| 18 Machine-gun nest disman- BB 19 Meets the requirements of
      280 words
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  • Article
    Lock icon SGX MAINBOARD
    5604 13 Transaction date: Feb 18 for live prices, log on to imvwjasiaonemarkets^om 52-Wt Last Vol Day Last Quota GrOw On GrVW Mat MCao law Cwhh Sata *7- C866I W#i Low Buyar Ma Cw W 5—■ ABNAmroNLG 56c 9 12 3.4 138 8 205 9 ACE Dynan»cs20c 11.5 unch 30
    5,604 words
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    Lock icon SGX XTRANET
    63 13 S"* 0* UrtOnou GfOw Ok GrVW MM HCm Imm Cinyi| W- fit »0i I— —y Sdhr Cw Wt >3 ***** 19 Diamonds US8780cd S240 2 WO IS OJ US Tech US3740cd S7S S5S ISMSCISpore USSSS HMO BOO ISS4PS00 US8270cd ***** K» SPOftS US&?80cd 1WS 1294 STIETf 100 1313
    63 words
  • Article
    Lock icon SGX SESDAQ
    1461 13 U* Vat Day LactQmU GrOn Oh GrVM MM MCm W# imm ti m S*» fWW I— tmrm idkm Cm m s3 22 7.5 ABftHldgsSc 95 unch 41 9.5 9.5 9 10.5 113 24.5 15 AP04 5C 17 i 65 17 5 1v5 15 12 149 11.5 ASAmoHk 125
    1,461 words
  • Article
    Lock icon CLOB INTERNATIONAL
    325 13 U« LM Vol toy LMQwu Grffe Dw GrTld M MCa U» Mt W- rw w» t— 8»y Hfcr Cm t* imi t« 80 AVJenmngsA2Sc A100 *1 240 100 99 99 100 40 3.4 10 5.8 215J Crttv»vP*20c HK720 265 2.1 7.4 6 24*62 Cheung KortgSOc HK17S0 240 6
    325 words
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  • BT motoring
    • Article
      Lock icon Bumper supply of COEs for this year?
      339 14  -  Not if the authorities impose a 20 per cent cap to avoid 'drastic fluctuations', says Christopher Tan Christopher Tan WILL car buyers have more COEs this year? Going by the high scrappage last year, yes. But if the quota formula is again determined
      339 words
    • Article, Illustration
      Lock icon Local motor trade this year seen to be 'all right'
      351 14  -  All reports by Christopher Tan IT'LL be another tough year for business, but the Singapore motor industry will again be spared the vagaries of world economics. "We're protected in a way," said AC Neo, director of Nissan distributor Tan Chong
      PHOTO BY ARTHUR LEE  -  351 words
    • Article, Illustration
      Lock icon 62% of S'pore cars below 5 years old, 85% less than 10
      276 14 OLD cars will soon be a thing of the past here. More than 60 per cent of cars in Singapore are below five years old, and almost 85 per cent are less than 10 years old. According to
      276 words
    • Article, Illustration
      Lock icon Spurt in vehicle recalls worldwide this year
      394 14 DaimlerChiysler recalls 1.2 m sedans over bolt defects Wire agencies IT HAS been a busy start to 2003 as far as recalls go. In North America, DaimlerChrysler has recalled 1.2 million Dodge and Chrysler sedans because a bolt can wear out and break,
      Wire agencies  -  394 words
    • BUMPER to BUMPER
      • Article
        Lock icon Site for joint engine plant selected
        93 14 THE Chrysler Group, Hyundai and Mitsubishi have selected Dundee, Michigan, as the site for a new engine-production plant, reported AFP. The plant will produce a family of four-cylinder engines being jointly developed by the three automotive partners for use in compact and sub-compact vehicles.
        93 words
      • Article
        Lock icon Toyota eyes 10% US pick-up market
        95 14 TOYOTA Motor is counting on a new plant in Texas to help it gain 10 per cent of the US market for full-size pick-up trucks, more than twice the company's current share, according to Bloomberg. Toyota recently announced plans to build its sixth assembly
        95 words
      • Article, Illustration
        Lock icon GM wants Fiat put option scrapped
        83 14 GENERAL Motors is not likely to pump new cash into Fiat Auto unless an option that could force GM to buy the whole company is scrapped, Fiat chairman Paolo Fresco (left) was quoted as saying. Financial daily MF quoted a letter from Mr Fresco
        83 words
      • Article
        Lock icon GM Daewoo to invest 500b won
        89 14 GM DAEWOO Auto Technology Co, a South Korean automaker set up by General Motors and partners, plans to invest as much as 500 billion won (Ss73o million) this year, reported Bloomberg. The automaker plans to spend between 400 billion won and 500 billion won
        89 words
      • Article
        Lock icon Nissan to produce cars in Guangzhou
        96 14 NISSAN Motor is set to start making sub-compact vehicles in Guangzhou, China, to meet growing demand among coastal Chinese residents. In a joint venture to be set up this spring with Dongfeng Motor, a major Chinese automaker, Nissan will start making sedans using a
        96 words
      • Article
        Lock icon Toyota research centre decision soon
        74 14 TOYOTA Motor expects to decide whether to base its new research centre in Australia or Thailand as soon as April, said Kenishi Asano, president of Toyota Motor Corp Australia Ltd. Toyota, the largest exporter of autos from Australia, is drawing up plans to build its
        74 words
      • Article
        Lock icon Global car sales seen dropping
        86 14  -  Compiled by Christopher Tan CAR and light truck sales worldwide will fall 1.4 per cent in 2003, led by a drop in Western Europe, as rising unemployment makes consumers reluctant to spend money as well as resistant to incentives, reported Bloomberg. Western European vehicle sales
        86 words
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      719 14 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF HI-TOUCH ENTERPRISES PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-11 Golden Mile Tower. Singapore
      719 words
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      Lock icon Page 14 Advertisements Column 2
      425 14 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290<SXB> AND IN THE MATTER OF KIGLOBAL PTE. LTD. (Formerly known as Keppel Global investors Pie lid) I Incorporated in the Republic of Singapore At an Eitraordinary General Meeting of the abovcnamed Company duly convened and held at
      425 words
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      Lock icon Page 14 Advertisements Column 3
      520 14 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF NMP SINGAPORE PTC LTD (In Members' Voluntary liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 16 Raffles Quay #16-01. Hong Leong Building. Singapore
      520 words
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      Lock icon Page 14 Advertisements Column 4
      13 14 For the Latest open market value rates of passenger cars, go to http*y/appJntenMtgov^g/scripts/tta/3_2_oMV^sp
      13 words
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  • PERSONAL investment
    • Article, Illustration
      Lock icon Trading spree ahead of reporting season
      983 15  -  INSIDE 31 firms announcing results in March posted transactions in the past month By Robert Halili WANT to know if a company is going to report good or poor earnings? You could get a hint from the way the companies and directors are currently
      FILE PHOTO  -  983 words
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      Lock icon Page 15 Advertisements Column 1
      106 15 Where to wine, dine and entertain... BBBBW '^/?n»>unru' With FREE Choice of One Cotfee/Tea/Soft Drinks or Chin Chow HAINANESE CHICKEN RICE NASI GORENG ISTIMEWA CHICKEN CURRY CANTONESE BEEE HOR WESTERN SET ®$9.Bo+++ mJbT^ DaHjl Mug@s4.oo nett each Jug@sls.oo nett each' HHHI Xtt.Jkt For enquiries, call us at 6430 4119 218
      106 words
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      Lock icon Page 15 Advertisements Column 2
      91 15 Wookondi and hofldayt an tor iwadtog down to Coioman's for *jnch who** our buffot sproad of ovor 50 dbhot, wxflta How of bartov. 100 or eafloo awaHi'vau. ww^ w* f W WIIW WWIMf f VV» Mako your roeorvattom at (66) 6416 1132. Cimmii 1 'Wn>mWMe WOy *m*t MW* tawonl»4Jo»m» AdMllMJß***
      91 words
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      Lock icon Page 15 Advertisements Column 3
      155 15 Lunch 11.30 am 2.30pm Japanese Bento Sushi Xr DeUvery I sushi li Japanese Bento »n6253 077^ Weekdays 925-90** (AAJI) $l*-90** (CUUuynibtlni) Weekends h Public Holiday $18.90" (AM) $15.90" (CUM Myn* Mew) Includes FREE FLOW of Call 6324 0218 for reservation 4>(A4 i 52 Pagoda Street I V (Near to Chinatown
      155 words
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      Lock icon Page 15 Advertisements Column 4
      483 15 IX I Ponggol Marina r //*ar\ Sale By Tender fif t*T*§\ lm Tky Tender Closing: 3 pm, Wednesday, 26 m March 2003 ~X St \U aI Marina Club with Comprehensive Boating Facilities SH2?SJ \A Located at Ponggol Seventeen Avenue, Marina via CTE tpe Land Area: 360,415 sq ft Seabed: 176,280
      483 words
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      Lock icon Page 15 Advertisements Column 5
      189 15 n THE NEPTUNE CO 1 1V > ft Q.U A V DIANXIN ATTHE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 mtm ow* Mjnjßed by Mmtus Mandarin Singapore 7dl Floor Octwh Union Home, Collyer Qwy Singapore *****1 TH *<>S 622 J 418S off your total
      189 words
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  • EXECUTIVEmoney
    • Article, Illustration
      Lock icon It's the liquidity, stupid!
      936 16  -  R SIVANITHY analyses problems that have afflicted Singapore's derivatives market R SIVANITHY WHEN futures trading in the Straits Times Index was introduced a few years ago, the Singapore Exchange (SGX) pulled out all the stops to make it a success. Educational courses were conducted, promotional brochures
      FILE PHOTO  -  936 words
    • Article, Illustration
      Lock icon Clarity can raise investors' confidence: Lipper
      885 16  -  By Siow Li Sen INVESTORS are hurting and furious, nursing their losses as they head into what could possibly be the fourth straight year of red ink, while fund managers are blamed, cursed and, worst, fired. But do investors know who the fund managers
      885 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      191 17 Reuters THE Baltic Dry Index rose 20 points to 1,693, the Baltic Capesize Index rose 60 points to 2,335, the Baltic Pan am ax Index fell 5 points to 1,666 and the Baltic Handymax Index was up points at 9,700. TXXE-CHARTERi Mona Frontier (built 2001) *****5 dwt delivery
      Reuters  -  191 words
    • Article
      Lock icon MARITIME STOCKS
      267 17 sex 'om WW tt *f- w CWT Distribution 0.67 unch 0 ChuanHup 0.46 -0.01 2394 Cosco Investment 0.19 uncti 108 Frttaht Links 0.03 uncti 0 GB Holdings 0.56 unch 0 Jaya Holdings 0.30 -0.01 2607 K*pp*1Corp 3.88 0.04 1883 K1 Venture 0.15 -0.01 257 KoppeiTeie 0.84 unch 5
      267 words
    • Article, Illustration
      Lock icon Port Klang to develop RM1b distribution centre
      589 17  -  Initial works on 400-ha free zone to start next month By\ Beth Jinks [SINGAPORE] Malaysia's busiest seaport, Port Klang, will develop a RMI billion (*****.6 million), 400-ha "free zone" distribution centre to boost its transhipment hub status through cargo consolidation and logistics activities.
      FILE PHOTO  -  589 words
    • Article, Illustration
      Lock icon Ship sinks in storm off Sicily; crew missing
      265 17 AP [ROME] A Tongan-flagged merchant ship sank off the southern coast of Sicily after running into a heavy storm, and its crew of eight sailors was missing on Monday, port authorities in Rome said. The Tor 1 was navigating the waters between
      AP  -  265 words
    • Article
      Lock icon China jails 10 Indon ship hijackers
      187 17 AP [BEIJING] Ten Indonesians convicted of hijacking a Thai ship carrying fuel oil in 1999 have been sentenced to prison terms of 10 to 15 years by a court in southern China, a court official said yesterday. The Indonesians were caught in waters off
      AP  -  187 words
    • Article
      Lock icon MISC unveils second round of voluntary lay-offs
      183 17  -  Executive staff the target this time By] Beth Jinks [SINGAPORE] Malaysian International Shipping Corp (MISC) has announced a second round of voluntary redundancies as part of its widespread restructuring efforts. Round two will target executive staff following the voluntary redundancies of 416 non-executive
      183 words
    • Article, Illustration
      Lock icon Open registers cannot be blamed for ills of shipping
      853 18  -  STRAIT TALE -By 1 David Hughes LAST week, a press release arrived with the headline "In the Wake of Further Oil Disasters, New Study Highlights Failing Flags". It was from the Seafarers International Research Centre (SIRC) at Cardiff University and was
      FILE PHOTO  -  853 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      205 18 PAGE Avant 8 B'tang Mas 5 BSA 6 BSC 8 BTL 8 CMACGM 3 COSCO 3 Chahaya 8 Charter Shpg 8 China Shpg 5 Confer 8 Cougar 5 CWT Globelink ...6 Delmas 4 Dongnama 3 EP Carriers 8 ECl 3 Eng Lee 8 ESP Lines 9 Foong
      205 words
    • Article
      Lock icon SHIPPING GUIDE
      11004 22 THEBU SINESSTIMES EXPORT ETA ETA Advertiser Vessd Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SM Dest'n Name Name Number Number SIN Dest n Name Name Number Number To BARCELONA (BCN) 2042 Spain To ABIDJAN (ABJ) 2003 C©tO D'lvoiro 26/02 17/03 C0SC0 EMPRESS DRAGON 0135* ********** 24/02 23/03
      11,004 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        647 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ASIA EXPRESS 178-B J7 A/SIDE 19/02 0700 BATAMBARU JB0201 J12 A/SIDE 19/02 0500 GOLDENMULIA JB0202 J8 A/SIDE 19/02 0400 MARC0P0L072 02/03J J25 A/SIDE 19/02 0700 MARITIME S V002 J16/17 A/SIDE 19/02 1200 NANHAI 1802 J10/11 A/SIDE 19/02 1200 SPM
        647 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1815 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing (In- Berth Name Voy Voy seq berthing Nmbr ACX ULAC 049N OWN 1 *****003 1500 2302/*****300 ACXULY 071N 071N 1 *****00*1000 AEGEAN EXP 30N 30N 1 **********00 1902/2003 20:30 K12 ALNOOF C230W C230W 1_ 2202/*****5:00 **********00 AiTONA 0313
        1,815 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        130 25 Feb 22 Philippines: EDSA Revolution Day. Mju-24 Brunei: National Day Mar 1 Korea: Independence Day Mar 3 Australia: Labour Day Bulgaria: National Day Luxemburg: Carnival Mar 4 Malaysia: Awal Muharram Indonesia: Moslem New Year Day Portugal: Carnival Mar 5 Brunei: Hijriah Mar 8 Belarus: Women's Day Russia: Women's
        130 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        750 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 average sized stem Market movements are indi cated The Cockett Bunker Price Index change and
        750 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        353 25 Carta* WO Mai 990.7 0.4 Oi 0.06 37 0.04 Fat U Density Mater lllltal AihAhmMwi tiftml No Move £25 0 0 0 0 0 0 1 T-rr 380 Ave 904.1 02 13J 0.05 21 0.02 tam 380 Mil 994.4 2J) W-2 0.09 53 0.07 M/W3 WW
        353 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon SilkAir to offer low fares more often
        475 26  -  SIA unit's new strategy not taking it in budget airline direction: CEO By Donald Urquhart [SINGAPORE] Silk Air unveiled a new brand strategy yesterday in which the regional airline appears to be flirting with the budget airline concept without actually commiting to it.
        AFP  -  475 words
      • Article, Illustration
        Lock icon Air Lib to be liquidated
        217 26 Bloomberg [PARIS] Air Lib, formerly France's second-biggest airline, will be liquidated after a French court ruled the bankrupt carrier cannot be saved, a move that may allow rival easy Jet to expand in Paris. French television station LCI said the decision was announced by the
        Bloomberg; AFP  -  217 words
      • Article
        Lock icon Macau's air passenger traffic up 8%
        204 26 Xinhua [MACAU] The Macau International Airport recorded strong throughput growth in the first month of 2003, showing an 8 per cent year-on-year rise in the number of passengers handled, according to the latest airport figures. A total of 290,140 people arrived at or left
        Xinhua  -  204 words
      • Article
        Lock icon Indian Airlines to lease 5 more planes this year
        315 26 It hopes addition to capacity will help boost market share Reuters [NEW DELHI] Indian Airlines Ltd, the country's largest domestic carrier, will lease three Airbus A 320 planes by the end of February and another two by the middle of the
        Reuters  -  315 words
      • LOGBook
        • Article
          Lock icon CSA's Chengdu-Osaka service
          94 26 Oana-Xinhua lutiEisuuuj unina southwest Airlines (CSA) would resume its flight between Osaka and the capital city of Chengdu in south-western Sichuan province starting early next month, according to a CSA source. Due to a slump in ticket sales for its Japan route earlier this year, CSA suspended
          Oana-Xinhua  -  94 words
        • Article
          Lock icon Korea Aerospace wins Boeing orders
          58 26 Bloomberg [SEOUL] Korea Aerospace Industries Ltd, the country's biggest aircraft maker, received US$35O million of orders to provide body parts for Boeing Co's Apache helicopters for six years until 2010. Korea Aerospace also agreed to consider plans to make other aircraft parts for Boeing, the
          Bloomberg  -  58 words
        • Article
          Lock icon Lufthansa raises fuel surcharge
          80 26 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's third-largest airline, said it will increase its fuel surcharge on cargo to 15 euro cents (SS27) a kilogram from 10 euro cents as of March 3 to cover the rising cost of energy. The increase will be effective worldwide and
          Bloomberg  -  80 words
        • Article
          Lock icon Asiana to sell catering business
          97 26 Bloomberg [SEOUL] Asiana Airlines, South Korea's second-largest carrier, agreed to sell its in-flight catering business to Deutsche Lufthansa AG's LSG Sky Chefs as part of the Seoul-based company's efforts to bolster its finances. The Lufthansa unit will pay 65 billion won (5594.2 million) for the
          Bloomberg  -  97 words
      • Article, Illustration
        Lock icon Snowstorm shuts Reagan airport
        50 26 [WASHINGTON] Snow plows clearing snow at Reagan National Airport near Washington. A slow-moving storm dumped nearly one metre of snow on Washington, DC, virtually paralysing the country's capital and outlying areas. All flights were cancelled at Reagan National Airport, which remained closed until yesterday morning. REUTERS
        REUTERS  -  50 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1953 26 an w a w n» sua nm lwtm urn MMI IMVfl MO IHT71 1650 IM9766 2350 $0230 WSO V4S7« 1650 $026 2350 Amt*ra*ai 5023 0635 *1838 2330 *"2 !J®° £2 6*975 0815 5036 2345 »*'306 *25 2359 ***** 1535 w soaii a» *acklaa4 IM9817 1850 W98W
        1,953 words
  • Page 17 Advertisements
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      344 17 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE SOC SHIPMENTS REVISION OF EMERGENCY BUNKER SURCHARGE Members of the Feeder Operators Grouping wish to inform the trade that with the continuing increase in bunker prices, they have no alternative but to revise the Emergency Bunker Surcharge (EBS) to the following levels
      344 words
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      Lock icon Page 17 Advertisements Column 2
      13 17 STRAIT TALK Open registers cannot be blamed for all shipping ills PAGE 2
      13 words
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      Lock icon Page 18 Advertisements Column 1
      760 18 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I |VBSR VOT KG [n> SM U)NG «Ao< DAtIAS HOUSTON «MH«S QKA6O |WW TOM 11 TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) 00a IRITAIN 57EM OMIT 19*2 07/03 11/03 14/03 11/03 12/03 15/03 ygjg VOT IIASH PIG I «f M —STB m
      760 words
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      Lock icon Page 18 Advertisements Column 2
      594 18 lines services represented by Members ol Registry erf M«nban o» fc. ICga! Acoed-ed Shying Agenh, x°t.t Singapore Skipping Association K >on ULY UNE MALE f msa VOY ETA ETA ETA P.KLAWG SfO»E jjU Princess lily 0203 26/02 27/02 08/03 Empress Lily 0203 16/03 17/03 25/03 Princess Uly 0303 30/03 31/03
      594 words
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      Lock icon Page 19 Advertisements Column 1
      1166 19 TO EUROPE FROM EUROPE vtssa Tvor si git rtm w ham kv sou la llwssa |*ot mwmi m sou la aw man lotw 20/02 12/03 m/oj 10/03 Anns mi 30/01 01/112 21/01 11/02 MOIOfIKXfTY 012W 21/0205/0310/03 12/09 14/0315/03 MIMMMGMCSS 3411 01/02 03/02 05/02 30/01 22/02 KWMNCBOOWY 31JW 24/0201/03 14/03 16/03
      1,166 words
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      Lock icon Page 19 Advertisements Column 2
      1808 19 BwMIKWMiW DIRECT CALL TO COLOMBO 4 DAYS GfNBtAl JkGOTTC SWCArati: NKMBOintIMI SAIR/MGS 18. *****057/43M1: 42M5371/741 S M2 PWM# mITD rsnrs- skw ss ssk umuuu». nm \nmmr mmsizs tiuuit/u I jomts oma aMVBmoMi mmmm tntim I WW A6BKKS CI MM lELO7 35«144 HUL 07 3****** vstyvor scr hu sm m i*
      1,808 words
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      Lock icon Page 20 Advertisements Column 1
      842 20 immP HYUNDAI MERCHANT MARINE CO., LTD. I wwwJ—2lu«n amo. 1?0*7tt0000H [wct vov [4m sou w ira I «nr Ihml hv [[rasa VOTI SOM I ibi I rtm I ant I ham i»v PF"| wtwtmmma 31JW \im m/m m/h m/oi 01/03 nmn m n/ii »/ii n/ii n/oi m/oj Aft HONGCONG 103W
      842 words
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      Lock icon Page 20 Advertisements Column 2
      1204 20 WAN HAJ NTBtNATIONAL FII LTD a HOC i44tSf2MOO/0 VT>A uiAil a 1*422*1511 (14IMS) NUL*****143 yN\WAN HAI LINES issssafissjassL. V J* ML iwjmwil «B«:«l|D*Vt7S HULIHII rfl7l«/H»l» —mNMMIMOM«• *nu»/7»*»i wtmm w w^— ■;OM)4HIOOItOM|4UOHy4I4HO* mt m m ma m ok on m no im wm mo m mimtb m inw urn a* nm
      1,204 words
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      Lock icon Page 20 Advertisements Column 3
      555 20 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POWTTI WHa VOT Ml MOANO CQUMMO M.SNHA CQUMMO lISWSIB SOIMf I7FB Hfß HB MB »l MM nmmm mua mb mfb wmm is mm mm umramu rmu pmm kiwi him i?mm ism HUM MB lIMM I? Ml lIIM HMM
      555 words
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      2673 21 IVtWI VOY KHH HKO SIN PXB KAS DMM BBC IRAN KERMAN PCI 299 19/02 20/02 23/02 24/02 03/03 27/01 12/03 14/03 MAN ISFAHAN PCI 300 25/02 26/02 01/03 02/03 09/03 10/03 It/03 20/03 MAN HOEMOZOAN PCI 301 04/03 05/04 04/03 09/03 16/03 13/02 25/03 27/03 IRAN TEHRAN pa 302 11/03
      2,673 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      508 22 ~11 Ivrf |Vr |Pw—l«ml— !•»—I T«» |Kt| W-wh IPilijillK— »—IfMwJ Pocific Senotof 953E 25/02 06/03 12/03 13/03 I Pocific Senotor 953E 25/02 12/06 23/03 25/03 27/03 Pocific Senotof 953E 25/02 21/03 02/04 Pocific Senotof 953E 25/02 18/03 28/03 30/03 Honjin Homburg 073E** 04/0? 20/03" 26/67" 27/03 j Honjin Homburg 073E"
      508 words
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      Lock icon Page 22 Advertisements Column 2
      272 22 CWT GLOBELINK PTE LTD W own offices in TEL:6225 1833 (36 LINES) FAX:*****742 SYDNEY MtIBOUHNtKNAHG fOBT KILANGMM GUDANG-KUCHING BANGKOK KARACHI BOMBAY *f W DELHI-COL OMBO HO CHI MINH CITY HAIPHONG HANOI BREMEN HAMBURG TIANIIN QINGDAO SHANGHAI XIAMEN fUZHOU DALIAN XIAN BEIJINGSHI JIA ZHUANG DIRECT SAILING TO EASTISOUTH AFRICA MOMBASA DURBAN
      272 words
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      45 22 O WINSTAR SHIPPING PTE 110 TIL *****27? FA* *****007 (3 NO M*****0000C t Sdhyi WmUt (Am Sat) 3 Sdhp WmUt (Mm, Wa* FH) I LmAii at )«r»q Pan Lm4r| at Cmmmw Pwi DMrtaOMrFQAO/ TiwAjwia FCtti liiniii, (jrnmtmd(mp Daw la Dow PROJECT CARGO hrapM(flaaWU hi CftflriivM
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      248 22 JTOAj^" MYANMA FIVE STAR UNE (*r— NcHmml Um) Uodbf for YwfM vßsa vor SM rn rn P6U (MM SHVrt MAW M W SUING** V3O6W Sl» M MALAYSIA: IOUSTIAD SMIPfINC AGCMOfS KIIL 03-*****300 F*L 03-3174*101 KM: 04-2****** BANK LINE (A Mrvitt *1 Aairtw W* SM»»t) VF NOKTHOOUND TO IUKOPf V CONttMB,
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      121 25 9 wf —1* LEGEND: Issued^by Services Division, NEA K Thunderstorm Y. Rain Temperature C Wind direction and speed in knots "f" Weather Cloudy Day c><> Hazy Sea Conditions Wind speed symbols Sli ht < 2m O Full circle w/o line indicates calm or light and variable winds half flee he
      121 words
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