The Business Times, 2 April 2003
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2003-04-02
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The Business Times
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Title Section13 2003-04-02 1 MFTAj[Elfl24/CX3/2003 85C THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial .com.sg WEDNESDAY, APRIL 2, 200313 words
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887 2003-04-02 1 Wong Wei Kong, Stephanie Yap - Analysts see net negative impact on economy and businesses By' Wong Wei Kong, Stephanie Yap [SINGAPORE] Vitamins are flying off the shelves as Singaporeans try to fortify themselves against the Sars virus and that's good news for health-care companies like listed887 words
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Article178 2003-04-02 1 [SINGAPORE] The winners of the annual Singapore Business Awards (SBA) will be announced this week as planned, but the awards dinner has been postponed due to concerns over the Severe Acute Respiratory Syndrome (Sars) outbreak. The SBA Organising Committee said yesterday that it had decided to178 words
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Article69 2003-04-02 1 STI 1,282.58 (+14.76) ST INDEX FUTURES 1,270.00 (+19.00) SIMSCI FUTURES 158.70 (+2.80) Tuesday Change KLSECOMP 627.11 -8.61 NIKKEI 225 7,986.72 +14.01 HANG SENG 8,596.89 -37.56 SET INDEX 362.22 -2.33 JAKARTA COMP _398.06 +0.05 MANILA COMP .1.038.07 -160 TAIPEI WP1 4,337.61 +16.39 SEOUL COMP 538.56 +186 SHENZHEN B 204.12 +10469 words
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Article68 2003-04-02 1 FOREX RATES US* SI US$ (SS per l'S$) 1.767 £(IS$/SS per 1.581 1795 ElTW)(l'S$/S$/E). 1.091 1.927 YEN 118.0 66.80 RM 3.800 2.150 HKS 7.799 4.413 BAHT 42.86 24.25 RITIAH 5,030 RENMINBI 8.299 4696 INDIAN RUPEE._ 47.48 26.87 PRIME RATES SINGAPORE* 5.25 KUALA LUMPUR 6.40 HONGKONG 5000 JAKARTA 39.00 TAIPEI68 words
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Article, Illustration321 2003-04-02 1 Catherine Ong - Reports by < Catherine Ong [SINGAPORE] At least five senior executives, including the CEOs of OCBC Bank and Mobile One (Asia), have gone into self-imposed isolation this week as public anxiety over Sars escalates. OCBC Bank's chief executive, David321 words
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686 2003-04-02 1 They ensure operations are not interrupted in situations like Sars outbreak {SINGAPORE! The Sars outbreak is reshaping business continuity planning at Singapore banks and telecom companies, two time-critical industries that this week activated contingency measures to deal with the infectious disease. Senior686 words
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Article, Illustration775 2003-04-02 1 Kalpana Rashiwala - Mixed signals They eased 0.7% in Q1 as HDB resale prices firmed: USA By] Kalpana Rashiwala [SINGAPORE] All eyes are now on how long developers can hold prices, as the latest official flash estimates show private home prices eased 0.7 per centSource: URA/HOB - 775 words
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Advertisement36 2003-04-02 1 When rogue traders strike, are you liable? **********1 l 8 ssrisrsoootK" A jagfl m iPj^P QUALITY SOUND BY BANG OLUFSEN >/"" '00? For office, home and mobile lines. Call 1627 for free registration today. CONNECTION BY 00236 words
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Article, Illustration535 2003-04-02 2 Audrey Tan - Long war could trigger recession, warn experts By* Audrey Tan [SINGAPORE] The war in Iraq has hit home. In the first sign of the impact on the Singapore economy, the manufacturing sector contracted in March, the latest Purchasing Managers' IndexSource: S - 535 words
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Article, Illustration498 2003-04-02 2 G-7 ready to act to protect economies from any shock: Treasury official [WASHINGTON] As concerns over a longer-than-expected war in Iraq mount, US Federal Reserve policymakers say it will take time to gauge its impact on the economy. A498 words
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Article, Illustration827 2003-04-02 2 donald urquhart - SARS OUTBREAK VKs WHO may believe outbreak here is being contained, but tough action now is better than risk of long-term pain I-I I comment donald urquhart THERE appears to be no end in sight to the frightening outbreak of severe acute respiratory827 words
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ON THE grapevine
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Article89 2003-04-02 2 THE Severe Acute Respiratory Syndrome (Sars) is making people take a different view of other illnesses. In a polyclinic's waiting area yesterday, a middle-aged man coughed once which immediately caused several other people to glare at him suspiciously. "Sorry, I don't have any cold or fever.89 words
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Article84 2003-04-02 2 IN brand-crazy Hong Kong, an e-mail making the rounds says that Louis Vuitton and Gucci are selling their own masks to combat the deadly pneumonia that has struck the territory. According to the e-mail, the Louis Vuitton mask is made of "super-soft Connolly leather with a84 words
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Page 2 Advertisements
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Advertisement152 2003-04-02 2 Exotic Locations, Exceptional Choices t J ft ft \i\[ iMHtfl kmKt:. 'ißß> ✓nBI nß|r? ft J*"- 11 ijf |411 WHI Conference Package* Heft per person per pncknge Berjaya Longkawi Beach Spa Resort, Langkawi Island from SSIIB Berjaya Tioman Beach, Golf Spa Resort, Tioman Island from SS 108 Berjaya Redang Beach152 words
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SARS outbreak
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430 2003-04-02 3 Vince Chong - Ngee Ann Poly to close till Sunday as stndent deemed a suspect case By' Vince Chong THREE more people suffering, or under suspicion of suffering, from the severe acute respiratory syndrome (Sars) have been found, the Health Ministry said yesterday. They comprise430 words
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Article199 2003-04-02 3 EVENTS involving hundreds of guests have been postponed as organisers in Singapore take precaution amid fears over Sars. Among the more prominent corporate events that have been postponed in the next few days are the Singapore Business Awards dinner (co-organised by The Business Times), the Singapore199 words
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IN Brief
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91 2003-04-02 3 Bloomberg [HONG KONG] The Hong Kong Monetary Authority (HKMA) said yesterday that it had shifted staff from its main offices to reduce the risk that operations would be affected by Severe Acute Respiratory Syndrome (Sars), which has killed 15 people in the city andBloomberg - 91 words
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Article91 2003-04-02 3 Reuters [BERLIN] German health authorities said yesterday that a 72-year-old man admitted to hospital in the west of the country was the first German citizen confirmed to have caught the deadly respiratory virus sweeping across Asia. The man, recently back from a trip to VietnamReuters - 91 words
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68 2003-04-02 3 Reuters [HONG KONG] The spread of Sars around Asia will hit tourism and private spending so hard that growth across the region will be cut by 0.4 to 1.5 percentage points, BNP Paribas Peregrine said in a report yesterday. The French bank saidReuters - 68 words
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Article, Illustration701 2003-04-02 3 WHO molls advising against travelling to HK, other places AFP AP Bloomberg SEVERAL countries, including Indonesia and Malaysia, yesterday reported their first suspected cases of Severe Acute Respiratory Syndrome (Sars) as Hong Kong announced plans to send victims of the disease to quarantine camps.AFP; AP; Bloomberg - 701 words
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Article, Illustration230 2003-04-02 3 Reuters [HONG KONG] A teenager's website hoax about the killer virus which has badly hit Hong Kong sparked panic food buying and financial market falls yesterday, forcing the government to deny it would isolate the entire territory. "We have no plan toReuters; Source: Bloomberg - 230 words
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Page 3 Advertisements
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SINGAPORE companies
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Article, Illustration460 2003-04-02 4 Angela Tan - SGX aspirant enjoys market dominance, low costs, strong profits By Angela Tan STANDARD Poor's yesterday assigned an A-plus long-term rating to Singapore Post, Singapore Telecom's wholly-owned postal arm which is seeking a mainboard listing on the Singapore Exchange (SGX). S&P said the rating is460 words
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247 2003-04-02 4 Michelle Quah - By Michelle Quah EXCEL Machine Tools saw its losses deepen in 2002, even as the beleaguered company faces a court petition filed by its creditors to place it under judicial management. The mainboard-listed Excel announced yesterday that its losses widened from $22247 words
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663 2003-04-02 4 david boey - ■TOW lock siew david boey TO SOME people, the brand name Xerox is synonymous with photocopying machines; Hoover, with vacuum cleaners; and Airfix, with plastic model kits. If the founder of Osim International Ltd, Ron Sim, had his way, Osim would be a household663 words
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434 2003-04-02 5 Christopher Tan - Analysts bullish despite ridership, profit concerns By Christopher Tan AMID news of falling ridership and profitability, newly merged transport giant ComfortDelGro Corp made a creditable debut on the stock market yesterday. The counter started trading at 70 cents, lower than 74.5 cents a figure extrapolated434 words
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COMPANY Briefs
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62 2003-04-02 5 TRADING volume of Singapore Exchange's derivative contracts jumped 35 per cent last month to 3.56 million contracts, from 2.63 million in March 2002. The volume was up 66 per cent from February this year. The total for January to March this year is 8.162 words
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Article42 2003-04-02 5 CONSTRUCTION and property firm Chew Eu Hock Holdings will now be known as Hiap Hoe Ltd. The company said its name change took effect on Monday. Its shares will trade under the new name from today.42 words
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55 2003-04-02 5 DBS Group Holdings' vice-chairman Ng Kee Choe was allotted 20,100 shares last Wednesday under the group's performance share plan. Separately, Mr Ng exercised share options totalling 75,600 shares on Friday. The moves raised his stake in the group from 286,473 shares (0.0195 per cent)55 words
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Article119 2003-04-02 5 SERIAL Systran said its wholly-owned subsidiary Serial Microelectronics Pte Ltd agreed to buy over from Sam Shin Magnetics and Kim Dong Ung their 30 per cent interest in T&S Technology and 10 per cent stake in Tong Baek Trading Co respectively for a total119 words
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Article, Illustration331 2003-04-02 5 Michelle Quah - Controlling shareholder Choo Meileen takes over By Michelle Quah CATHAY Organisation's Francis Lee Chin Guan has ceased to be president and chief executive officer after six months on the job. And holding the fort until a replacement is found is controlling shareholder ChooFILE PHOTO - 331 words
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359 2003-04-02 5 Shoeb Kagda - From Shoeb Kagda in Jakarta NEW efforts are being made to secure a multi-billion dollar debt restructuring agreement between the Indonesian Bank Restructuring Agency, Asia Pulp Paper and its creditors. Following fresh talks between Ibra, APP and a group of 11 export359 words
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SINGAPORE markets
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Article, Illustration298 2003-04-02 6 OTHER SINGAPORE INDICES Apr 1 VALUE CLOSE BTOMDS 64.00 -101.00 ■I CAM -*****.00 +60.00 iriMNfW -*****.00 +6.00 M-SGEqiMM 344.37 +3.51 SQEmMMBW* 116.34 +1.06 SG EqaMcs Fla 1097.92 +12.24 SG Pr»p 304.40 +3.65 Wattffpw 157.55 +1.54 SMSCIFatavas 156.70 +2.80 NOL 18,006,000 SingTel 15c *****,000 SembCofpmc25c._ 14.716X100 Accord Customer 2.5c *****.000 SwCiuees298 words
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Article, Illustration817 2003-04-02 6 larry wee - Mlonqer view CURRENCIES larry wee THE US dollar and Wall Street have fallen anew, while the safe haven that is gold and US treasuries have rebounded on the growing perception that the Allied campaign in Iraq could well be mired. But, closer to817 words
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Article, Illustration781 2003-04-02 6 r. sivanithy - I li comment STOCKS r. sivanithy WHAT a difference a fortnight makes. Two weeks ago, traders were driven mainly by fear of being left out, behaving as though short-term risks were non-existent and lon-ger-term economic risks were irrelevant. As781 words
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Article2908 2003-04-02 6 UNIT TRUSTS FUNDS Com Global Lifestyle Index Fd 0.82/ Com Global Healtn Index Fd 0 787/ Com Global Telecom Index Fd 0387/ n mi Com Global mfotec Index Fd!** 026* i \mi Com Global Energy Index Fd 0808/ s£f£22E1i Com Global Travef Index Fd 0604/ 0I97/ &■»*>»• 1 Star Asia2,908 words
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SINGAPORE news
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620 2003-04-02 7 Vince Chong - They believe mnch of the spoils of war will go to US firms By' Vince Chong SINGAPORE contractors are hopeful but not confident of getting a piece of the huge reconstruction pie in Iraq after the war. While the Bush administration has not620 words
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Article, Illustration289 2003-04-02 7 Andrea Tan - I =4 on the economy industrial land By Andrea Tan AFTER a marginal improvement in the fourth quarter, the performance of JTC industrial facilities took a beating in the first quarter. The island's largest industrial landlord JTC said yesterday in its flash estimatesSource: JTC - 289 words
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Article, Illustration298 2003-04-02 7 Andrea Tan - Lim Soo Gee named VP for security management By, Andrea Tan DON'T mess around with Capita Land's buildings. That, perhaps, could be the message the property giant is sending by hiring former police hotshot Lim Soo Gee as its vice-president for security management. Mr Lim,FILE PHOTO - 298 words
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290 2003-04-02 7 David Boey - By] David Boey A FINE of $1 million that's the maximum penalty that can be slapped on parties that flout any of the regulations under the Media Development Authority's (MDA) code of practice released yesterday. The 92-page code, titled Code of Practice for Market290 words
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Advertisement97 2003-04-02 7 SYNCHRONISED COMMERCE f| m •5-—^an —jfl vgg^BSMM*? twmffl 1 Why do CEOs love golf? It's that feeling PH? of perfect timing. All CEOs love synchronised things. To them, UPS brings synchronised commerce It's the non-stop orchestrated flow of goods, information and funds. Our customers find their supply chains become instantly97 words
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EDITORIAL & opinion
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Article, Illustration750 2003-04-02 8 yang razali kassim - OPINION bottom line yang razali kassim PRIME Minister Goh ChokTong, while in Tokyo recently, made a pitch for an East Asian Community based on an East Asian Free Trade Area (EAFTA). Acting as building blocks will be all the bilateral free trade areas emerging750 words
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Article91 2003-04-02 8 'It's a little early for post-mortems. It's a little early to write history.' W *11 UfllUM MlTTWTeifl the US defence secretary.fending off sharp criticism of his war management. 'It would take a brave person to argue that the security of the world is going to end up91 words
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Article600 2003-04-02 8 EDITORIAL WHILE we hear regular reports of how Hong Kong and Singapore are coping with the outbreak of Severe Acute Respiratoiy Syndrome (Sars), we hear disturbingly little about what China is doing. China is where it all started, and where the largest number of600 words
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Article, Illustration1235 2003-04-02 8 SUNDARESWARA SHARMA - The first part of this article by SUNDARESWARA SHARMA appeared yesterday. This is the concluding part. by\ SUNDARESWARA SHARMA Acting before the case lands in conrt When a taxpayer is charged in court with tax evasion, he is left with a stark choice ofFILE PHOTO - 1,235 words
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230 2003-04-02 8 Dulcie Chan - Dulcie Chan Senior Manager, Corporate Communication Infocomm Development Authority of Singapore (IDA) I REFER to Leong Sze Hian's letter, "Pricey phone number enquiries" (Mailbag, March 19). Sing Tel sought the Infocomm Development Authority's approval to increase its directory assistance service price. Sing Tel justified230 words
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Article325 2003-04-02 8 Tan Kok Tim Singapore - Tan Kok Tim Singapore IN THE recent Parliamentary sitting, NMP Chandra Mohan urged the Ministry of Defence to create a Ministry of Peace and reduce the defence budgets at the Budget debates. Understandably and as expected, Minister for Defence Tony Tan rejected his suggestions as325 words
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158 2003-04-02 8 Denis Distant Singapore - Denis Distant Singapore WE read about staff being laid off across all industries in Singapore, including the banking industry. A few days ago I received an unsigned letter from a subsidiary of one of the banks assigning a new account number, and to add158 words
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WAR IN IRAQ
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Article, Illustration640 2003-04-02 9 7 women, children killed at checkpoint; US helicopter wipes ont family of 15 AFP AP Reuters [BAGHDAD] While the USled coalition may be regaining the military advantage in Iraq, it is losing the psychological war. As American soldiers advanced towards Baghdad, edgy troops in southern IraqAFP; AP; Reuters - 640 words
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Article322 2003-04-02 9 SPOILS OF WAR Raytheon, Lockheed, among those eyeing USs3.7b spending Bloomberg [WASHINGTON] Raytheon Co. Lockheed Martin Corp, Alliant Techsystems Inc and other defence contractors will benefit from US$3.7 billion in US military spending to replace missiles, bombs and bullets consumed in the war againstBloomberg - 322 words
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Article101 2003-04-02 9 Reuters [LONDON] Royal Dutch/Shell Group's former chief executive in the US, Phillip Carroll, is among the top contenders to run Iraq's post-war oil industry, the Energy Intelligence Group newsletter said yesterday. The newsletter said the US Defense Department is proposing an advisory panel toReuters - 101 words
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WAR Briefs
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100 2003-04-02 9 AP AF Reuters [WASHINGTON] US Secretary of State Colin Powell is making a quick visit to Turkey to mend frayed ties with the Nato ally and urge it not to send its troops into Iraq. Several Turkish newspaper speculated that Mr Powell mayAP; AF; Reuters - 100 words
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Article152 2003-04-02 9 AFP Reuters [LONDON] Award-winning news correspondent Peter Arnett, sacked by American TV network NBC after suggesting on Iraqi television that the US war plan had failed, has joined the Daily Mirror the British newspaper most opposed to the conflict "Fired by America for telling the truth...AFP; Reuters - 152 words
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Article74 2003-04-02 9 Bloomberg [KUWAITI Kuwait, the fifth largest oil supplier in the Middle East, said oil tankers are entering the Persian Gulf and loading at export terminals as the war in Iraq enters its 13th day. Officials at state-owned Saudi Aramco and Qatar Petroleum, which together withBloomberg - 74 words
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67 2003-04-02 9 AFP [TRIPOLI] A Libyan transport plane bound for Syria and carrying emergency aid for Iraq took off from Tripoli on Monday night, official sources said. It was the first flight in a planned programme of aid for the beleaguered population of Iraq and includedAFP - 67 words
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Article75 2003-04-02 9 AP [UNITED NATIONS] Arab and Islamic nations decided on Monday to push for adoption of a resolution in the UN General Assembly against the US-led war in Iraq to show the strength of world opposition. "We will go to the General Assembly," hopefully thisAP - 75 words
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90 2003-04-02 9 AFP [BAGHDAD] The office of the Iraqi president yesterday denied reports from the Pentagon that members of Saddam Hussein's family were trying to flee the country. "The small family erf our leader Saddam Hussein is part of the extended family that is the Iraqi peopleAFP - 90 words
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Article1494 2003-04-02 9 BOOM FUTURES Aprl KVB8Q Futws (Dosing prices) BSS1(SewtoAq) CtOM Volwi Op** Moutt M|h Lot Sett (town) hitrtit May 03 ***** Jw 03 179.50 Jul 03 ***** Aug03 ***** «SS3{USaMsAg) VeiWM Opw MwO Mfli Lot Sett (town) hrtorest May 03 102.00 M25 Jim 03 100.50 2100 Jul 03 99.75 99.001,494 words
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REGIONAL news
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506 2003-04-02 10 NEW DELHI Zone to be positioned as export growth engine to compete for FDI Reuters INDIA said on Monday the first of its planned special economic zones which it hopes will become export growth engines and allow the country to compete better with ChinaReuters - 506 words
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Article, Illustration253 2003-04-02 10 Reuters [HONG KONG] His boss may be richer but Canning Ftak, managing director of Hutchison Whampoa Ltd, continues to do well for himself. Li Ka-shing's right-hand man is believed to have been paid about HKII2S million (Sg2B million) in 2002, a 19 perReuters; REUTERS - 253 words
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125 2003-04-02 10 HONGKONG Reuters SHARES of Wharf (Holdings) dived about 13 per cent yesterday, destroying nearly HK$5 billion (SJl.l billion) of market value after the firm slashed its dividend following a 9 per cent drop in 2002 earnings. Bucking a recent trend by Hong Kong-listed firmsReuters - 125 words
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277 2003-04-02 10 BEIJING Reuters A HUGE team of government auditors has started examining the books of China's former monopoly State Power Corp and the records of its top executives, government and industry officials said yesterday. "The investigations are going on, but I cannot tell you more thanReuters - 277 words
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NOTE Book
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Article82 2003-04-02 10 AFP [JAKARTA] A bomb exploded under a gas pipeline in the Indonesian city of Medan early yesterday—the second blast in the city in less than 24 hours —but there were no casualties, police said. Neath Sumatra police spokesman Amrin Karim said the bomb was placed underAFP - 82 words
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Article63 2003-04-02 10 Bloomberg [KUALA LUMPUR] Malaysian exports rose at the slowest pace in eight months in February as Malaysian Pacific Industries and other computer chipmakers sold fewer semiconductors overseas. Exports rose 7.8 per cent to RM2S.9 billion (Ssl2 billion) from RM24 billion a year earlier, the MinistryBloomberg - 63 words
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Article68 2003-04-02 10 Bloomberg [HONG KONG] Foreign direct investment in Hong Kong dropped in the fourth quarter about nine-tenths from both the previous three months and a year earlier to the lowest since quarterly records began in 1999. Inward investment was HKII.B billion (Ss4o7 million) inBloomberg - 68 words
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Article46 2003-04-02 10 Bloomberg [JAKARTA] Indonesia's exports rose a sixth month in February, gaining 16 per cent to US$4.9 billion from US$4.2 billion a year ago, as the country got higher prices for its oil products. Oil exports rose to US$l.26 billion. —BloombergBloomberg - 46 words
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Article4544 2003-04-02 11 Transaction date: Apr 1 HONGKONG w wcmnrt 100 003 594 HM W- 000 Hong Kong Electric 3100 410 2723 Hongkong Chinese .061 unch 460 Alpha General 0-21 unch 0 Hongkong Chinese Ltd 0.61 uncti 460 Ananda WingOn 001 unch 1110 Hopewell HofcJmgi .6 50 420 3981 AnqangNew Steel4,544 words
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Article761 2003-04-02 11 Transaction date: Apr 1 o— a—t n —i o— o—» Mgmn 50c 0 *2 0*30 NatStaal SOr aS7 2330 cic 050 la *0.000 OCX 147 **00 -0JJ50 CapitaLand 1.12 1*00 <***** OK OS* 5JJ0 -a 100 ChartSaoaCcnd26c OH 0*35 *0005 WiwMHc 0.53 ATM -OAS City Da* 50c 1.H 34*0761 words
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Article474 2003-04-02 11 BONDS WARRANTS Last Vai Cam Bur 'mk Cw Mi <m- r— Mb *m U» AST1WOM621 175 1 16 205 0*3 14 AonaLtdW0«11l6 1 SO Ml t22 19 Amtet VMK0610 53 25 2 1 33 1 1*1 26 Armstrong W*****0 A5 1 10 75 12-00 13 BoustMdVMM00Q2 11 1 25 -0474 words
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WORLD news
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505 2003-04-02 12 LONDON War and job losses likely to erode demand in 2003, says latest survey Reuters ECONOMISTS have cut their growth forecasts for the world's major economies in 2003, expecting the Iraq war and job losses to further erode confidence and demand, according to a ReutersReuters - 505 words
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Article322 2003-04-02 12 Anthony Rowley - T&nk&n's first fall in 5 quarters, Iraq war dampen Nikkei From Anthony Rowley in Tokyo CORPORATE sentiment in Japan deteriorated more sharply than expected in March, indicating that a brief export-led economic recovery had peaked by then, the Bank of Japan's latest quarterly survey of business322 words
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Article240 2003-04-02 12 LONDON UK's economy also worsened unexpectedly last month Reuters Bloomberg EUROPEAN manufacturing shrank for the sixth month in seven in March as concern about the war in Iraq hurt demand, the latest sign that Europe's US$7.6 trillion economy may be heading towards recession. An indexReuters; Bloomberg - 240 words
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WORLD Watch
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108 2003-04-02 12 Reuters [WASHINGTON] US spending (Hi new construction slid 0.2 per cent in February, the first monthly decline since August, but was still stronger than expected as builders poured money into homes at record levels. Construction outlays eased to an annual rate of U*****.2 billionReuters - 108 words
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41 2003-04-02 12 Bloomberg [CLINTON, Mississippi] World Com Inc, which last year filed the largest US bankruptcy, has uncovered US$ll billion in overstated profit, US$2 billion more than what has been publicly disclosed, people familiar with the matter said.—BloombergBloomberg - 41 words
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57 2003-04-02 12 AFP [LONDON] Oil prices slipped yesterday after a strike in Nigeria was called off, though continuing disruption of the country's exports and worries about the war in Iraq contained losses. Reference Brent North Sea crude oil for May delivery dropped 39 US cents perAFP - 57 words
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Article79 2003-04-02 12 Reuters [LONDON] Manchester United pic played down talk of a takeover yesterday as it reported a 34 pa* cent drop in half-year profit due to lower player sales. "Strong financial results set us apart and we see further growth from our ground-breaking Nike dealReuters - 79 words
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335 2003-04-02 13 Hew firm will be No 2 maker o! such chips after Intel Bloomberg [SUNNYVALE, California] Advanced Micro Devices and Fujitsu Ltd have agreed to combine their flash-memory chip operations, creating the world's No 2 maker behind Intel Corp of chips to store data in ceUBloomberg - 335 words
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Page 12 Advertisements
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Advertisement154 2003-04-02 12 Having a distinctive brand makes the difference. 4 Ba i"'•• i"ii' *£a *rf*i > y'- •j- fj< -aSe, jgttjigL,.. "J**?* C^lTi'i^^y*"'' -.jgjfefc *®p s i Enter the Singapore Promising Brand Award 2003 PROMISING This exclusive Award has been created to honour local brands that have been successfully I B R154 words
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Page 12 Miscellaneous
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Miscellaneous267 2003-04-02 12 CRYPTIC CROSSWORD iran ee craftily dodging duty (3-6) 5 Plunder Winchester, for examI Despondency I spread about £9 6 Get rid of smooth metal per--5 Started again to add up n a n Q 7 Music master (7) 9 Reward that maybe paid as a 8 Leaves a just reward267 words
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Article5265 2003-04-02 13 Transaction date: Apr 1 S2-Wk UK Ml Day UMQmW GfOkr Mr CrVW MM MCas im u» aja Mi *h mm u» *g «jg cvr m w ABNAmroNLG 56c 9 12 3.4 1318 115 9 ACE Dynamics20c 10.5 105 13 100 1905 ia« 245 9.5 AEMEvertech 5c 10.5 unch5,265 words
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Article65 2003-04-02 13 UM Val Day LMQartt CrfM* Dw GrYM DM tlCm tiwpn M» W- CWI M0i U» >w Wfcr Cw m >3 ***** n Diamonds US8780cd 2010 8730 4160 2700 IS DJ US Tech US3M0 S55 55S IS MSCI Spore USS55 lino 8200 ISS4PS00 US8270 11)00 8280 SPWB US8280 180S65 words
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Article1430 2003-04-02 13 8* UM Omf lad Owti GrOio Ho CUM M WtCm at I— SHea S*» W- flg —i L— «—r Safcr Cw m _a 22 75 ABU HtdgsSc 9 wwh S 9 9 9 K> 114 MS IS APCMSc JOS unch 178 205 19.5 19.5 20 5 27 241,430 words
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Article332 2003-04-02 13 52-Wk Last Vo4 Day Last Ovate Offer N> OTM tat MCap i# La» C—w—l S* W- fit IM 1— Ma Ow W Wi Hi tl AVlenmn 9 A2Sc A104 *2 US 10* 102 103 105 40 3.4 96 6.1 223J Cathay Pac 20c HK720 265 2.1 7.4 6332 words
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Page 13 Advertisements
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Advertisement83 2003-04-02 13 iUDEMARS PIGUET Le maitre, de Vhorlogcric dcpuis 1875 I Exclusively at: CORTINA WATCH PTE LTD Millcnia Walk Tel: 6339 1728. Paragon Tel: 623S 0084. Raffles City Tel: 6339 9185, SINCERE WATCH Ngee Ann City Tel: 6733 0618. Lucky Plaza Tel: 6737 4648. Suntec City Mall Tel: 6337 5150. THE HOUR83 words
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BT motoring
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396 2003-04-02 14 Christopher Tan - Its Sin Ming car complex shut on Sunday, ending its foray into the sector, reports Christopher Tan Christopher Tan COMFORT Group closed the doors of its indigo car complex in Sin Ming for the last time on Sunday, ending the company's seven-year foray into396 words
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Article, Illustration292 2003-04-02 14 Christopher Tan - Byi Christopher Tan THE launch of the Citroen C 3 compact has been delayed by a recall to fix a firerisk fault the second car here to be afflicted with such a problem this year. A number of parallelimported Honda Accords are currently being292 words
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BUMPER to BUMPER
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93 2003-04-02 14 EVEN if the Iraqi war is short and contained, vehicle production in North America the world's largest car market is expected to drop 10 per cent this year, according to industry consultants autoPOLIS. The firm reckons vehicle sales and production in the US,93 words
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109 2003-04-02 14 TOYOTA Motor is halving the size of its board, AP reported. The company will also create a category of executive below board level with representatives from its operations outside Japan, as well as younger executives. Toyota's overhaul, while less extensive than those at109 words
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Article103 2003-04-02 14 Christopher Tan - Compiled by Christopher Tan A GALA dinner to launch the Lexus RX3OO scheduled for tonight at the Shangri-La Hotel has been cancelled because of worries about severe acute respiratory syndrome (Sars). A spokeswoman for Toyota/Lexus distributor Borneo Motors said the event was called off when "some103 words
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460 2003-04-02 14 Ven Sreenivasan - It will increase production by 20% from this month From Ven Sreenivasan in Ayutthaya, Thailand THAILAND'S claim to be the "Detroit of South-east Asia" will get a leg-up with Honda Motor Co's decision to boost exports from its massive Ayutthaya plant,460 words
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Article, Illustration1024 2003-04-02 14 Transaction date: Apr 1 DITBRBAifK CROSS RATES »S C$ MO fro HK5 Wh Yw Mm 1 htb fm SS ttrnd Sir W iO Pmmt OSS Aistrafa 0.885 5.010 0.554 4.709 28.666 53.670 0.712 7.586 2294 1490 34.9S ***** 1467 4.752 0JI7 20.998 ***** 0J82 0.604 Cm** 1.129 1659 0.6251,024 words
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Page 14 Advertisements
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Advertisement844 2003-04-02 14 SembCorp I y Marine Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT the 40th Annual General Meeting of the Company will be held on Thursday, April 17, 2003 at 11.00 a.m. at 29 Tanjong Kling Road, Singapore *****4 to transact the following business:AS ORDINARY BUSINESS 1 To844 words
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EXECUTIVE money
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Article, Illustration1346 2003-04-02 15 Robert Halili - Robert Balili assesses the changes to Hong Kong's Securities and Futures Ordinance, and how they stack up next to Singapore's standards Robert Halili HONG Kong implemented the long-awaited Securities and Futures Ordinance (SFO) yesterday, raising the disclosure requirements in the Special Administrative Region toAFP PHOTO - 1,346 words
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Page 15 Advertisements
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Advertisement10 2003-04-02 15 R\R/sGCN 290 ORCHARD ROAD, SINGAPORE *****9 TELEPHONE *****535 I/U V10 words
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Advertisement58 2003-04-02 15 H Maximise resources and profits! Find exit how FACT, the leading-edge REALTIME Accounting Software can help you do just that. And that's a FACT! 9HHB «*****832, I email info&factcom.sg^ s] B 3HH Lianhe Zaobao I Surge*. I I number I lof Sino-S'pore I lrSuni!!l^l I projects a I I companies58 words
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EXECUTIVE money
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Article, Illustration1073 2003-04-02 16 GENEVIEVE CUA - Who's liable, who's responsible, when a broker chalks up huge losses on your account while trading without your authorisation? Chances are, you are. And when do informal arrangements or discretionary trades cross the line? GENEVIEVE CUA investigates GENEVIEVE CUA THIS surely must be a nightmare scenario. You pay1,073 words
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Article, Illustration930 2003-04-02 16 Genevieve Cua - By Genevieve Cua CLIENTS who fail to dispute contract notes or contra statements which they think reflect unauthorised trades are likely to have to foot the bill for any losses, based on a High Court decision in 1999. In that landmark case, RHB-Cathay Securities930 words
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Page 16 Advertisements
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Advertisement239 2003-04-02 16 fj v I 1 fl F >& .-*> ji" I *l M A d 9 MB '»i I or protection and investment. You can achieve anything you want with the right balance. on your core needs. INSPIRE is flexible and offers a core investment AXAfc LifeStyle Financial Planning helps you239 words
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SHIPPING TIMES
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Article278 2003-04-02 17 Reuters THE Baltic Dry Index rose 1 point to 1939, the Baltic Capes ize Index fell 12 points to 2609, the Baltic Panamax Index rose 12 points to 1845 and the Baltic Handymax Index rose 25 points to *****. XMB-CHAMHU Maddalena D'Amato (built 2001) ***** dwt delivery ShibushiReuters - 278 words
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Article249 2003-04-02 17 MX '000 Apj *h t* CWT Distribution 0.54 -0.02 10 Chuan Hup 0.39 0.02 558 CH Oftshor* 0.19 0.01 109 Cosco InvMtnMnt 0.21 0.01 146 Freight Links 0.04 unch 0 GflHoWnat 0.57 unch 0 Jay* HoMngs 0.31 0.01 1052 KappaiCorp 4.24 004 2464 K1 Venture 0.15 uncti 160249 words
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Article, Illustration820 2003-04-02 17 Beth Jinks - New group CEO wants management teams to feel the poise in their areas By Beth Jinks [SINGAPORE] The newly overhauled PSA Corporation is set to go global in a big way and with the new four regional groups structure, allow for moreAFP - 820 words
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PORT Shots
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Article168 2003-04-02 17 AP [BEIJING] Two foreign oil tankers collided off China's southern coast, causing fires that killed a Philippine crew member and injured at least three others, a government spokeswoman said. One boat fled and was the subject of a search. The ships were shifting oil fromAP - 168 words
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Article70 2003-04-02 17 [SINGAPORE] Feeder specialist in the Indonesia trade, Cahaya Samudera Shipping Pte Ltd, has attained the ISO 9001:2000 standard for quality management system. Cahaya Samudera general manager Benson Ong said the company viewed the upgraded quality standard both as an honour and an added motivation to70 words
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Article, Illustration379 2003-04-02 17 Donald Urquhart - By Donald Urquhart [SINGAPORE] All singlehull oil tankers more than 23 years old have been immediately banned from European Union waters as the European transport ministers approved an accelerated phasing out of older tankers last week. The new regulation approved last Thursday379 words
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503 2003-04-02 17 Beth Jinks - Brutal attacks carried out in put week prompt piracy watchdog to issue alert By] Beth Jinks [SINGAPORE] A "brutal" gang of pirates has attacked five vessels in Indonesia's Gaspar Straits in the past week, prompting a heightened alert from the International503 words
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Article, Illustration303 2003-04-02 17 Reuters [TAIPEI] Taiwan's Wan Hai Lines, Asia's biggest shipping line in the intra-Asia trade, is confident its 2003 sales would grow by "double digits" as booming trade boosted cargo demand. "In terms of container transportation, the most active and strongest marketReuters; FILE PHOTO - 303 words
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Article200 2003-04-02 18 PAGE Avant 8 B'tang Mas 5 BSA 4 BSC 8 BTL 8 Cargoways 8 CMACGM 3 COSCO 3 Chahaya 8 China Shpg 5 Confer 8 Cougar 5 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 8 ECL 3 Eng Lee 8 ESP Lines 4 Foong Sun200 words
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Article, Illustration734 2003-04-02 18 David Hughes - STRAIT TALK By] David Hughes TOWARDS the end of this week tanker operators will start making their way to Intertanko's Washington Tanker Event 2003. The gathering, incorporating the independent tanker owners' group's annual general meeting, promises to be a lively event. There certainlyAFP - 734 words
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Article12996 2003-04-02 22 THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vnxl Voyaga Talaphon* ETA ETA Advartisar Vassal voyaga T«toptiont SIN Dnfn Nam* Nam* Number Numbar SIN Daif» Nam Nam* Numbar Nwwtwr N/04 24/05 NYK CONTI BILBAO 302S ********** lb ABIDJAN (ABJ) 2003 Cot* D'I voir* ovos 20/05 cosco ever garoen o*9w 4******00 04/0412,996 words
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SHIPS IN PORT
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Article584 2003-04-02 25 Vwsel Voy Wo Berth Anjwj Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER118 E3073 J3 A/SIDE 02/04 0030 LABROY 158 EBLS08 J2 A/SIDE 02/*****0 MARCOPO 3222 03/03J J3 A/SIDE 02/04 0630 SANTA SURIA2 02/2003 J22 A/SIDE 02/04 2300 SUMBER MAS 8 2126 J13 A/SIDE 02/*****0 UNKDNSTAR 3 05/03J J10 A/SIDE 02/04584 words
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Article1810 2003-04-02 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES V«sd M hi Bth Berthing U»- Berth »oy o^?*uiiiw^ ACXVKXfT 054N 054N 1 ggjQMHMO *****003-0300 jygjU gg Q2K 1 *****003-1700 *****003-0500 ALAMJAYA 2 8840 8840 1 *****003-2300 *****003-0600 ALTONA 0323 0322 1 *****003-1600 *****003-1900 K14 W01 039 039 1 **********01 **********00 803 AMM31,810 words
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Article145 2003-04-02 25 Apr 5 Hong Kong: Ching Ming Fest Korea: Arbor Day Aprt Thailand: Chakri Day Apr 13 Thailand: Thai New Year Apr 14 Thailand: Thai New Year Australia: Bank Holiday Apr IS Thailand: Thai New Year Apr 17 Philippines: Maundy Thursday Apr 18 Australia: Good Friday Hong Kong: Good145 words
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Article766 2003-04-02 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 averagesued stem. Market movements are indicated. The Cockett Bunker Price Index change and the Individual766 words
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Article357 2003-04-02 25 Cvtea no Mm 989.7 0.5 W.9 0.07 55 0-03 Mv IT Daadt* Mater Mte Sadfcaoot Mo MOW E2S 0 0 0 0 380 Aw 906J 02 M.4 0.04 21 042 380 Ma 991.4 0.6 »J 0.07 64 0.05 M/WI %ifi mi n— Ho Mow 635 3357 words
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AIR & LAND transport
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Article, Illustration562 2003-04-02 26 Move means half of 100,000 workers will vote on pay cuts of 15-20% Reuters [NEW YORK] American Airlines on Monday averted for now an imminent bankruptcy filing, reaching concession deals with leadership at its mechanics' and pilots' unions and nearing one withReuters; AP - 562 words
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Article, Illustration334 2003-04-02 26 Consolidated group creates world's biggest single logistics company [SINGAPORE] The familiar and popular DHL brand name is being retained with the consolidation of DHL, Danzas and Deutsche Post. The consolidated group under Brussels-based parent Deutsche Post World Net, yesterday announced the334 words
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Article, Illustration257 2003-04-02 26 Indnstry facing worst crisis even airline body AP [BRUSSELS] A senior European airlines official appealed for governments to help loss-burdened carriers survive what he called the industry's "worst crisis in its history". The Association of European Airlines (AEA) said its 30 member airlines reportedAP - 257 words
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155 2003-04-02 26 AFP [BEIJING] China Southern Airlines, one of the country's top three carriers, will suspend flights to the United Arab Emirates because of the war in Iraq, a company official said. The last flight taking passengers from Beijing to Sharjah in the Emirates via the northwesternAFP - 155 words
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159 2003-04-02 26 AFP [MANILA] Flag carrier Philippine Airlines (PAL) said Monday it is unlikely to achieve its one billion peso (5532.9 million) net profit target for the current financial year due to the war in Iraq and a deadly pneumonia virus. "We were looking at oneAFP - 159 words
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Article, Illustration489 2003-04-02 26 Union also agrees to defer 2.5% raise scheduled to kick in yesterday Bloomberg [MONTREAL] Air Canada will lay off 1,060 workers for 45 weeks under an accord designed to save it Cs3s million (Ss42 million) to Cs4o million, said Buzz Hargrove,Bloomberg; REUTERS - 489 words
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100 2003-04-02 26 AFP [SYDNEY] A Qantas Airways Boeing 767 flying from Singapore to Adelaide made an emergency landing in central Australia yesterday after smoke was noticed in the cabin, authorities said. The jetliner carrying 183 passengers and 11 crew landed at Alice Springs Airport, where firefighters wereAFP - 100 words
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Article1608 2003-04-02 26 cm man n* nwow in urm wos mm aim wis w AmtartM 6*975 0855 (L838 2255 IHw COS 2105 CZ3S2 0W> W 1 M W741 IMS SOTO 1035 rnmm mm mm sons wo mo kmctimi 1*9817 1100 1*9816 2020 WtW ***** MS 1MW W4» «OJ *001,608 words
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Page 17 Advertisements
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Advertisement19 2003-04-02 17 adv Air Canada to layoff 1,060 workers PAGE 10 STRAIT TALK Hot Intertanko debate likely on EC proposals PABE219 words
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Page 18 Advertisements
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Advertisement1124 2003-04-02 18 r rmJBT FAX 6292 2856 (MKTG) *****109 (OPS) 6299 5785 (DOCUMENTATION) SwT.S.K. LINE NIPPON YUSEN KAISHA |g~ y K,,„c con, TOKYO SENPAKU KAISHA, LTD I TO USA/CANADA ~~1 I EXPORT I I OTHER DESTINATIONS 1 wsa 1 rni Inr Ini ■lllWMlllllMUlllWi If I Maw!! lillilinlll 111 l II TO AUSTRALIA1,124 words
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Advertisement109 2003-04-02 18 l*w* i services represented by Members of the Registry of lAccredited Shipping Agents, \n.y Singapore Shipping Association g ULY UNE MALE Assa VOT IU Ett EU A P. HUNG SKWf mil Princess lily 0303 03/04 05/04 14/04 Mold Star 538 A 13/04 15/04 24/04 Empress lily 0303 23/04 25/04 03/05109 words
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Advertisement6 2003-04-02 18 Members of the Singapore logistics Association6 words
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Page 19 Advertisements
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Advertisement1114 2003-04-02 19 TO EUROPE ROM EUROPE visa Ivor sw en raw hm w sen im lira* \wt m m mm m m i» m in mar niw n/M a/* b/mh/m mow ibi m/m u/wn/m ■01 FIOGHSS MOW M/MI4/M2l/M B/M B/MM/M MNM 3131 «/M mNNIOMM SI3MT 17/ M W/M B/M a/M tl/MQ/M mxmmt1,114 words
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Advertisement1841 2003-04-02 19 i>m» cm TO *JBtil (IMM ABAND ®v' 10-12 Mrs *otr IVMI iimk inui fioiiiii ie days CtNBAI ACBITS M SatGAfOH M MMMOH n (IMt SAUS/MGS TIL *****A57/4J HUL 47M5171/74 I I —ill fMtilin ><!■■■ 1C RAVC S2ISJ Ji ,PHNS m ITB sxvtff tsss sags I ■KSumHmw "SSI URII/imooooa T/MTMP MMSRS1,841 words
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Page 20 Advertisements
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Advertisement1090 2003-04-02 20 HMN& HYUNDAI MERCHANT MARINE CO., LTD. Hwipui: wwwJ—2l.c— Ck MO. HO47HOOOQH Ihm ttw T sou mi mm m mm m Ifyma vot* sob ~un I ono "aif nam mv nf NTIMIMUi MIW 10/03 11/ M M/ 01 M/M M/n NTHNOAL Mil M/ll 11/01 14/11 H/01 IIS/K APIOKLAND 101W 13/ M1,090 words
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Advertisement127 2003-04-02 20 YHSCD MRRmHE PTE LID. FULL CONTAINER SERVICES FROM SINGAPORE kF. KLANC TO: NHAVA SHEVA fit CHENNAI ALL ICD LOCATIONS CALCUTTA MUMBAI JAKARTA SURABAYA KARACHI BUSAN DUBAI AND OTHER BANDAR ABBAS ARABIAN GULF PORTS WE SPECIALISE IN CARRIAGE OF OOG CARGOES IN: OPEN TOPS/FLAT RACKS, PLATFORMS. smGAPOn AGENT. INTERLINE SHIPPING PTE127 words
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Advertisement1258 2003-04-02 20 WAN HAJ NTERNAHONAL Fit UD a Mfc *****92N99/I WxWAN HAIUNES SSSfiaSSSgLV m ml mi b«b Btwiani bbm mm mtmwmnt/ wmm —l-. Bi:mamiK«SßMWi:nuM/nwi ttmn www.w—M».MII4Ii7»IHUL»iHIM»B «]CO« Iwhb rwTwTw w m mn m no m an mo I—HII n< W a* mm bmi ~K9 BV W* TT7H H9 IW" I kwwai W1,258 words
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Advertisement558 2003-04-02 20 MYANMA FIVE STAR UNE <■» IWhMllhrt U^h|fwY«9M vesa voy an m m rm mm mm su wmm mm a* MALAYSIA: MWSTIAft SMPfMC ASBKBS UL 13-*****)00 «L 13-*****111 KB 04-*****02 BANK LINE (A Mrvkt at Aairow WMr SVppM|) NORTHBOUND TO EUKOW V comMß^RocaMUiWAnriffn VBSa SM KL MBB6 IMU ANTT FOTIOAM /VI4I558 words
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Page 21 Advertisements
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Advertisement821 2003-04-02 21 IVKSSa VOY KHH HKO |«N PKI PX» M POO* WK, MAN ISFAHAN PCI 305 01/04 ***** 05/04 06/04 13/04 14/04 20/04 21/04 IRAN HORJMOZOAN PCI 306 00/04 09/04 12/04 13/04 20/04 21/04 20/04 30/04 ■AN TEHRAN PCI 307 13/04 16/04 10/04 20/04 27/04 20/04 06/05 00/05 M.KUNDAVIA Pa 30* 22/04821 words
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Advertisement451 2003-04-02 21 A RSM k UK CONTINENT SERVKE LoaMngfcr OCEAN ISLAND ROM/ATW/BMN/UK/NAN NURTEN ANA ROM/ATW/BMNAJK/NANTES Lola Stngapore, E7W IMam fcidonaala MIDDLE-EAST SERVICE LcMdngtor ATHMA 081/ABU/DOH/BRN/DMM/KWT V IPIROS HELLAS 081/ABU/DOH/BRN/DMM/KWT ISSAC LIGHT DBI/ABU/DOH/BRN/DMM/KWT SOURIA DBI/ABU/DOH/BRN/DMM/KWT PLAMER ADN/HDQ/JDH/AQA •Loada Sfcigapora. E7W. I IMa» lia. Indonaaia USA SERVICE LoadMgOor YOU SHENG CAM/NFK/SAV/NOL AROURA AMETHYST CAM/NFK/SAV/NOL451 words
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Advertisement1040 2003-04-02 21 YB» m an E9 JfiSß ai MM 11/ M 11/H _HUDM 11H n/m mv*T~ -EBUMM lllffl M/M gg JKMU n« m/m g'/S KKS? »i« SB zSgzußSii mSm Kia am m/m n* »>/m h/m mum Ban m/m v/u 3HSS SSS gg 333- ■MEMEEgMMM ■ffg— sa Z= H=—m- sm —m fa E1,040 words
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Page 24 Advertisements
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Advertisement667 2003-04-02 24 Twiut laKh^^ 1 ii" nsaarr mm 0445/04 1113/04 1019/ M I ma sea otom ooo»/m is-17/04 nrvw I ncawoK wm 1112/ M 1020/04 I ncasHoi otw 15-14/04 2224/04 w 30/04 I iisasn^^oTM^ioii/oj^^&jT/M^iMjjJ IVBSL^votjm^^CA^^^smi ***** 15 85*4 I*m wm~f DALIAN 424 OM7/04 14-14/04 2425/04 I ntaavK m on*/w 15-17/04 I reasPEjii4s^ioivo4^ioiW^*****^|667 words
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Advertisement705 2003-04-02 24 VTSSa HAW VOT SMGAPOCf POKT KHAN 6 CMTMOH6 RORGLA eu n> eto ru no m no OCUW 09R047 HI N/04 05/04 06/04 <09/04 12/04 OCMSMmr 06M062 SAT 05/04 N/N 07/04 11/04 14/04 OCWAt 01N137 HB 11/04 13/04 14/04 17/04 20/04 NRCm StMtHA 20WM SMH 13/04 10/N 21/N IIRWSIA STAA 09M040705 words
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Advertisement826 2003-04-02 24 I /A? IPDZ LINES I/ UC I l^rcTjoosggg^2*|^ MMMSJ W M/M|CSWH Ml 7 20/ M S.MUMB MU 11/M|OMO(X 1 Mwl I 1 IM! 1 ■w |Mts|tS/M |s.MMM ISM* M/M OS/M llCflMMl|Mll|l2/M |ofc()lMM2|Mls|lS/M |MMMS*| Mil |l*/M MMMS*|MII |l*/M [oBMNS I AOII 111/ M I 12/ M I MM 3007 IQ/M VMMB—826 words
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Advertisement182 2003-04-02 24 ImBBSUM RREAKBULK A CONVENTIONAL SERVICE MRECT SERVICE FROM S'POK TO KARACHI \rniß. vorm msmtmm tutmcm (aSSSC i law imvm3 a/H« wipt SEA-PAC MANAGEMBfT PTE. LTD. 70 Anaon ftaad 17-07/04 Tower, Skgapere *****5 Tilipl inn ******77 VB rmiiiJ» 6275 2309 T«hac KS ***** SttMC WCT «N MAMPO, Q#JL KOOtA j m182 words
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Page 25 Miscellaneous
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Miscellaneous160 2003-04-02 25 BEEESSSS T 4/ v PS® -^5^ r f 2 a. V >>1 V^iU:^ g 26 m JTZI JfiiU 'f ■itAl 10N ininiiiir ImMtt tr |g|gr l V /1 m fTt^Til*; 1 ■> 4 ALJM—■>?- I 1? 4 U. fci y w -I I*. 1 f 1p I cv r V160 words
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