The Business Times, 16 April 2003

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Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MTTA (P) 024/03/2003 85* SINGAPORE Internut: hiip://business-times.asial .com.sg WEDNESDAY, APRIL 16, 2003
    15 words
  • Article
    Lock icon Asian air cargo schedules in disarray
    764 1  -  Cancellation of paseenger flights hits cargo business of region's airlines By Ven Sreenivasan [SINGAPORE] Asian airlines, reeling from a huge fall in passenger traffic sparked by Sars, are also struggling with serious disruption to cargo schedules. The cancellation of passenger flights has thrown the
    764 words
  • Article
    Lock icon MARKETS
    69 1 sti 1,291.83 (+8.96) ST INDEX FUTURES 1,291.00 (+7.00) SIMSCI FUTURES 158.60 (+0.70) Tuesday Change KLSECOMP 631.17 +6.96 NIKKEI 225 7.838.83 +86.73 HANG SENG 8,632.10 +98.55 SET INDEX dosed JAKARTA COMP -437.72 +3.77 MANILA COMP .1,116.48 -16.89 TAIPEI WPI 4.487.59 +27.78 SEOUL COMP ***** +10.59 SHENZHEN B 232.67 +8.10 ALSTALLORD
    69 words
  • Article
    Lock icon FINANCE
    70 1 FOREX RATES US$ 8$ L'SS (SS per I'SS) 1.779 £(1SS/SS per 1.568 1790 El'RO(l'SS/SS/E). 1.075 1.912 YEN 120.5 67.70 RM 3.800 2.136 HKS 7.799 4.384 BAHT 4186 24.09 RITIAH 8.834 4.965 RENMINBI 8.299 4.665 INDIAN Rl'PEE 47 32 26.59 PRIME RATES SINGAPORE* 5.25 Kl'ALA Um 640 HONGKONG 5.000 JAKARTA
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  • Article, Illustration
    Lock icon A pioneering S'pore retafl chain bites the dust
    572 1  -  BT exclusive But for boss-lady Nanz Chong-Kome, it was a blast while it lasted By Corinno Kerk [SIN(J A pure J Budget retail chain One 99 Shop has succumbed to debts totalling $3 million and went into receivership on Monday. Owner and
    FILE PHOTO  -  572 words
  • Article
    Lock icon CFOs more prudent with own money? Not always
    597 1  -  Half of top brass in N Asian firms admit they seldom pay off credit card bills By Siow Li Sen [SINGAPORE] Chief financial officers (CFOs) and other senior executives of several hundred top Asian companies reveal some startling truths about their attitudes
    597 words
  • Article
    Lock icon Local scientists unravel Sars genome
    377 1  -  By Kenneth Lim {SINGAPORE] In a crucial first step essential to eventually developing a vaccine, Singaporean researchers say they have decoded the genome or genetic blueprint of the virus they believe is responsible for the deadly Sars infection. The landmark Singaporean effort is a collaboration
    377 words
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      Lock icon Page 1 Advertisements Column 1
      201 1 Bid to save jobs in Sars-hit industries, Pg 2 HK bnitnwwi to get help, Pg 3 Star Cruises revenue, stock take a beating, Shipping Times Pg 1 Taiwan first to cut landing fees, Shipping Times Pg 16 What's next after Sars and the Iraq war? Find out in BT's special
      201 words
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      7 1 MOTORING, Page 19 liir 8 ®*****1 *****4"
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  • NEXT page
    • Article, Illustration
      Lock icon Sentosa ups fun quotient in revamp
      635 2  -  Diners can have a go at trapeze in attractions aimed at doubling visitors By Vince Chong [SINGAPORE] Getting into the swing of things at Sentosa will soon come naturally to fun-seekers there, now that a trapeze troupe will be among the attractions in the
      635 words
    • Article, Illustration
      Lock icon SSB man to head Citigroup integrated banking business
      552 2  -  Sanjiv Misra will be 1st S'pore chief to straddle corporate, investment banking By Catherine Ong [SINGAPORE] Sanjiv Misra, the investment banker who presided over the rise of Salomon Smith Barney (SSB) in Asia, is moving from Hong Kong to Singapore to head
      552 words
    • Article
      Lock icon Govt, unions, bosses go all out to save tourism jobs
      665 2  -  SARS OUTBREAK Ministry, NTUC and SNEF to help businesses cope By Ven Sreenivasan and Vince Chong [SINGAPORE] Whatever steps are necessary must be taken to save jobs in tour-ism-related industries hit by the Sars scare, the Ministry of Manpower, the
      665 words
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      370 2 Banking Laws and Regulations Date What Tuesday, 20 May 2003 Notwithstanding regulatory changes, the constantly changing business 9.00 am to 5.30pm environment and evolving business needs often pose issues of interpretation and application of laws and regulations. Venue Grand Copthorne Waterfront j c assist banks in their compliance effort, we
      370 words
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      98 2 SARS For the latest on Sars in S'pore and around the world, go to: http:// business-times. asial.com.sg COURAGE FUND It Mm ST €M|te Acme* (tow mafcouttoTOe Courage Ritffteuid be aentto Tfo National Healthcare Group, 6, Commonwealth Lane, Level 6, GMTI VHOMDKBr PMME: Rom now unH April 30, memben of the
      98 words
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  • SARS OUTBREAK
    • IN Brief
      • Article
        Lock icon New cluster of likely cases in Canada
        108 3 AP [TORONTO] A new cluster of 31 possible Severe Acute Respiratory Syndrome (Sars) cases In Canada involves members of a religious community who attended the April 1 funeral of a victim of the pneumonia-like disease, health officials said. Dr Sheela Basrur, the chief
        AP  -  108 words
      • Article
        Lock icon Five confirmed cases in France
        68 3 AFP [PARIS] France has five confirmed cases of Sars with another 13 people under observation after showing symptoms of the killer pneumonia virus, health officials said on Monday. Of the five confirmed cases reported to the World Health Organisation (WHO), two have been released from
        AFP  -  68 words
      • Article
        Lock icon HK may sue Swiss trade show
        77 3 AP [HONG KONG] Hong Kong's commerce secretary vowed yesterday to pursue damages from a Swiss trade show where local watchmakers and jewellers were barred from setting up booths because of Sars fears. Disgruntled Hong Kong merchants aired their gripes before a legislative panel, saying
        AP  -  77 words
      • Article
        Lock icon Roche seeking Sars-linked samples
        96 3 Reuters [SINGAPORE] Swiss healthcare firm Roche Diagnostics Asia Pacific Pte Ltd said yesterday it is collecting Sars samples from over 300 infected people across Asia in a bid to rush out a test kit for the killer disease. Roche, the world's biggest diagnostics group, has been
        Reuters  -  96 words
      • Article
        Lock icon Attendance at China trade fair down
        73 3 AFP [BEIJING] Attendance at China's largest trade fair, the "Guangzhou Fair", was substantially down on its opening day yesterday compared to last year due to concerns about Sars, participants said. "If s had a big impact. I've been here from 9 am (until late
        AFP  -  73 words
      • Article
        Lock icon Japanese firms up air cleaner output
        64 3 AFP [TOKYO] Japanese hi-tech firms Matsushita and Sharp said yesterday they will make thousands more air cleaners in China due to surging demand triggered by the Sars outbreak. Demand for air cleaners in China, Hong Kong and Singapore was so high that the companies
        AFP  -  64 words
    • Article, Illustration
      Lock icon HK businesses to get help
      526 3  -  Planned tax increases may be deferred, rentals cut, MPF suspended By Loh Hui Yin [SINGAPORE] The Hong Kong government is cobbling together an emergency package to help beleaguered businesses such as restaurants, retail and travel agents reeling from the Sars epidemic. It is also talking
      AP  -  526 words
    • Article
      Lock icon WHO team visits military hospitals in Beijing
      558 3 Sars victims in Chinese capital to get aid; nine more deaths in HK AFP Reuters AP Bloomberg Xinhua [BEIJING] A World Health Organisation (WHO) team investigating the Sars virus visited two military hospitals in Beijing and met officials of a third, a spokesman
      AFP; Reuters; AP; Bloomberg; Xinhua  -  558 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon No management friction: Koh Brothers
      385 4  -  Group mulls taking listed subsidiary G&W private By Andrea Tan CONSTRUCTION group Koh Brothers yesterday said its latest management change was part of "a larger plan" to restructure the business and possibly taking its 65 per cent-owned subsidiary G&W Group private, and not because of
      385 words
    • Article, Illustration
      Lock icon No public tranche in Ecowise's Sesdaq IPO
      325 4  -  By Kenneth Lim IN the wake of Sars fears which may affect investor sentiment, homegrown industrial waste management company Ecowise Holdings has decided to allocate its initial public offer of 11 million new shares by way of placement. At the launch of the
      ARTHUR LEE  -  325 words
    • COMPANY Briefs
      • Article
        Lock icon SingTel in US$55m transponder deal
        107 4 Reuters SINGAPORE Telecommunications said yesterday that it has entered into a US$55.B million transponder lease agreement with a unit of APT Satellite Holdings Ltd. Sing Tel said the agreement will entail the lease of six transponders with the right to lease up to five additional
        Reuters  -  107 words
      • Article
        Lock icon Chartered seen posting smaller loos
        101 4 Bloomberg CHARTERED Semiconductor Manufacturing Ltd, the world's No 3 provider of made-to-order chips, may report a smaller first-quarter loss on higher sales and gains from a change in employee compensation, analysts said. The loss was likely to be U5572.6 million for the three months ended
        Bloomberg  -  101 words
      • Article
        Lock icon Provision Suppliers buys notes
        93 4 PROVISIONS Suppliers Corporation Lb! said it has subscribed for HK$44 million (S)10 million) worth of convertible notes issued by Asia Standard Hotel Group. Interest on the convertible notes will be at the prime rate as quoted by The Hongkong and Shanghai Banking Corporation Limited for borrowings
        93 words
      • Article
        Lock icon PGA Tech earnings down 18.7%
        88 4 PCA Technology Ltd, an electronics contract manufacturer, said profits for its ftill-year ended February 2003 sank by 18.7 per cent to $2.35 million as the group weathered another gloomy year for electronics firms. Sales for the period were depressed 46.7 per cent to $53.4 million
        88 words
      • Article
        Lock icon Lee Hsien Yang sells SIA shares
        45 4 SINGAPORE Telecom head honcho Lee Hsien Yang has pared his stake in fellow GLC (government-linked company) Singapore Airlines to nothing. Mr Lee on Monday sold 16,000 SIA shares on the open market, at an average price of $8,625 apiece.
        45 words
      • Article
        Lock icon SsangYong CEO appointed chairman
        39 4 SSANGYONG Cement (Singapore) on Monday appointed Tan Cheng Gay, CEO and managing director of the company, as chairman of the board. Chua Thian Poh and Tan Choo Suan were appointed nonexecutive directors on April 8.
        39 words
      • Article
        Lock icon Accord in deal to run service centres
        52 4 IN an expansion move, main board-listed Accord Customer Care Solutions Limited, a provider of after-market services for mobile communication and high-tech consumer products in the Asia-Pacific, has entered into agreements to operate 33 service centres and 36 repair management centres in China, Singapore
        52 words
    • Article
      Lock icon SembCorp Utilities expands to Europe
      313 5  -  It buys UK-based ETOL's business for $244 m By David Boey SEMBCORP Industries' utilities arm has expanded into Europe, acquiring a UK-based business for $244.2 million. SembCorp, a diversified engineering group, said SembCorp Utilities' acquisition of Enron Teesside Operations Ltd (ETOL) established the group's position
      313 words
    • Article
      Lock icon Thistle Hotels may make cash payout to thwart BIL bid
      312 5  -  By Michelle Quah LONDON group Thistle Hotels is contemplating returning £240 million (***** million) in cash to its shareholders to thwart a bid by its largest shareholder, BIL International, to buy the company completely. Thistle chief executive lan Burke said
      312 words
    • Article
      Lock icon US bourses could outperform Europe's
      512 5  -  HOCK lock siew neil behrmann [LONDON] WALL Street has outperformed its European and Asian counterparts by a wide margin lately. US indices ranging from the Dow and S&PSOO to Nasdaq and Russell 2000 small companies have managed to remain above last autumn's bear-market lows. In
      512 words
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      689 4 Wellness International Salutes The Red Cross Recognise the efforts of your secretaries and personal assistants during Secretaries' Week. And contribute towards the Red Cross humanitarian work in Iraq. SINGAPORE Visit www.weHness-i.com for unique gift ideas. fSembCorp Industries NOTICE TO ALL SHAREHOLDERS April 16, 2003 AGM to be adjourned to May
      689 words
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      98 4 Business Opportunity j We are seeking committed individual or company as EXCLUSIVE DISTRIBUTOR: (Singapore) for our International Brand (U.S. Patent) DESIGNER'S ICE CREAM, j Our ice cream is enjoying success in the USA, UK, Europe, Middle East, China, Korea, Taiwan, Hong I Kong, Thailand, Malaysia and Indonesia. It will soon
      98 words
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      74 5 SYSTEM FUKNTTUMg L ManxiioKi r HI IUNUTNOpCT A m B -I~\ $388) LLCXC-MAPtDDM* m f-W-Z a Wfc»—Wl ~.f\ 5332 139 11 STEEL PILLING GAJHSET L >1 Ih i *mk*+t m Qmr*mm* APOLLO CENTRE SIMS DRIVE BRANCH OFFICE (NEXT 70 MOM ft FUIAIIA HOTEL) (OPPOSITE SAFE SUPEKSTOBE) NO. 2 HAVELOCK RD
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      972 5 Let Your r>, 1 connected a new world V^ I BBffiPH I An IDA I trust^sg v creativitv and L. the one way Sff I collaboration wTrustSg logo on the through TrustSg an Infocomm. ■*< merchants with sound and Now you can shop and shop and you won't have to
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      319 6 OTHER SINGAPORE INDICES Apr IS VALUE CLOSE WflMI -11.00 -18.00 BTOPI -*****.00 >42.00 WlUgrMA -*****.00 -1.00 348.23 ->-2.45 117.95 +0.51 MCirfMuFh 1096.29 +3.10 Serpen Pup 301.79 >0.90 MONpn 158.55 +1.18 MMSartf- 158.60 40.70 •StarCruises 10c 19.777.000 Chart SemiCond 26c 11,321,000 Mobrte0ne20c 10,343,000 SingreU5c 9,312.000 Datacraft 10c 9,171,000 Accord Customer 2.5c
      319 words
    • Article, Illustration
      Lock icon War's over? The top winners and losers
      875 6  -  CURRENCIES A longer view larry wee IN military terms at least, events of the past week confirmed analysts' best-case scenario of a swift victory for the US-led coalition in Iraq and highlighted some early winners and losers in financial markets. Our table highlights
      875 words
    • Article, Illustration
      Lock icon Practising strategic ambiguity in an uncertain market
      743 6  -  BT comment STOCKS r. sivanithy WHEN in doubt, or when things don't look like panning out the way you expected them to, it's always a good idea to practice "strategic ambiguity". Alternatively, its close relative "strategic shifting" is also useful as a means
      743 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3062 6 UNIT TRUSTS FUNDS Com Global Lifestyle Index Fd 0 831/ Com Global Health Index Fd 0 78V Com Global Telecom Index Fd 0J95/ 7T rf? {Vp0n> n<au Com Global mfotec Index Fd!** 0.263/ ?12£ Com Global Ener® Index Fd 0 *02/ JZfSZSf n«™ Com Global TravS Index Fd 0.611/ Com
    3,062 words
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  • SINGAPORE news
    • Article
      Lock icon Two in five Singaporeans use broadband, says IDA
      450 7  -  This is a 30% jump from 950,000 users seen in 2001, survey shows By Angela Tan TWO in five or 1.24 million Singaporeans are now broadband users. This is a 30 per cent jump from the 950,000 users in 2001, the Infocomm
      450 words
    • Article, Illustration
      Lock icon SIA, Changi Airport named world's best yet again
      339 7 SINGAPORE Airlines and Changi Airport have again been voted the world's top airline and airport. The national carrier took home the OAG Airline of the Year 2003 award, while Changi clinched the Best Airport title for the eighth consecutive year. Changi emerged
      FILE PHOTO  -  339 words
    • Article
      Lock icon TD Waterhouse plays catch-up with 0.1% commission
      305 7  -  It will offer a new online service to match OCBC's offer By Daniel Buenas DBS TDlVaterhouse, a joint venture between DBS Bank and Canada's leading discount brokerage, will offer a new online trading service that charges 0.1 per cent commission matching the commission
      305 words
    • Article, Illustration
      Lock icon Retail sales down 6.4% in Feb
      247 7  -  EYE on the economy retail sales index By Kenneth Lim RETAIL sales fell 6.4 per cent year-on-year in February, with the food and beverage industry bearing the brunt of the drop, according to the Department of Statistics. The retail sales index excluding motor vehicles
      Source: DOS  -  247 words
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      98 7 SYNCH RON I f^j *&k Ww^rm I jJlJl Why do CEOs love golf? 7 |!S*f p/ It's that feeling r ''v 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
      98 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Iraq: EU, US still don't see eye to eye
      728 8  -  THE bottom line OPINION shada islam EUROPEAN Union leaders seeking to rebuild transatlantic relations following fierce pre-Iraq war feuding with the US face a tough dilemma All 15 EU governments want the United Nations to take the lead in postwar Iraq
      728 words
    • Article
      Lock icon IN OTHER WORDS
      77 8 'Hospitals after Sars are like airports after 9/11. We need to redefine a new normal.' Lim Soet Wan CEO of Tan Tock Seng Hospital. 'We've changed the geostrategic situation in the Middle East Syria can either wake up to that fact, or not. It is up to
      77 words
    • Article
      Lock icon The business battle against Sars
      612 8 EDITORIAL WHILE not many industries are immune to the impact of the Severe Acute Respiratory Syndrome (Sars) sweeping across East Asia the travel, tourism and retail industries are at the commercial front lines of the battle. It will be a tough battle to fight, and
      612 words
    • Article, Illustration
      Lock icon The state's tougher role in a borderless world
      1381 8  -  In Singapore, it's mainly up to the state to re-gear the economy's strategic focus and develop the necessary capabilities and institutions to make the next big leap By Shin Jang-Sup GLOBALISATION that is, the increase in the mobility of products, services and
      FILE PHOTO  -  1,381 words
    • Article
      Lock icon Bad experience with Informatics
      443 8  -  MAIL bag Wong Chee Wai Singapore RECENTLY, I applied for an MCSE+CCNA training with Informatics Computer School at Tanjong Pagar. The sales consultant was very knowledgeable and offered me a very good package for $5,500 (without GST). He also advised me to apply for the Skills
      443 words
    • Article
      Lock icon Why stamp duty not levied: IRAS
      121 8  -  Lee Leng Kiong (Mrs) Director (Corporate Communications) Inland Revenue Authority of Singapore IN your report "ComfortDelGro merger sets new tax, voting precedents" (BT, April 8), it was mentioned that the lawyers acting for ComfortDelGro "managed to successfully appeal to IRAS to allow the two
      121 words
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      120 10 fk *J|bBH PSff* *r®. jnS e world's I^ m Vi jii &l<fiAfc -"m. largest farthest >r iy fjifrL r f X yfcL .V. carrier network a j*lfl p'-S*. S-: »A •.wByJtjg s»|t '-A^OjJ|^^B *3IMk.: "?^I""^" K-r-*s»5?.5." .>**>-< *»?&&&> .-*l$i IWfc,,.... > 1 «;'nfl| ;*~tSMd* F "W f 1 f *5
      120 words
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      34 words
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  • REGIONAL news
    • Article
      Lock icon Calpers adds watchlist to emerging-markets policy
      446 12 SACRAMENTO, California The Philippines is the only country given a year under the new policy Reuters CALPERS, the No 1 US pension fund, said on Monday that it would in future wait a year for possible reforms before cutting off investment in emerging-market countries
      Reuters  -  446 words
    • Article
      Lock icon Malaysia's GDP growth in Q1 exceeded 5%: Mier
      377 12 But it expects a slowdown daring subsequent quarters Reuters AP [KUALA LUMPUR] The Malaysian Institute of Economic Research (Mier) estimated yesterday that first-quarter growth In gross domestic product (GDP) was a little over 5 per cent but added it would slow during
      Reuters; AP  -  377 words
    • Article
      Lock icon Indon central bank sees 3.5-4% growth
      191 12 JAKARTA Reuters INDONESIA'S central bank expects the economy to grow 3.5-4 per cent this year, compared with a government forecast of 4 per cent, and sees the rupiah at 8,800-9,200 to the US dollar over the next three months, a document obtained by Reuters
      Reuters  -  191 words
    • Article
      Lock icon Ernst & Young partner to head Lippo Bank
      475 13  - Ernst Young partner to head Lippo Bank Ibra's appointment comes after bank gets fined for double reporting of results From Shoeb Kagda in Jakarta THE Indonesian Bank Restructuring Agency (Ibra) yesterday nominated Joseph Luhukay, a partner at Ernst Young Indonesia operations, as the new president of PT Lippo Bank in
      475 words
    • NOTE Book
      • Article
        Lock icon Bali blast trials to start in May
        89 13 AFP [JAKARTA] The first trials in the Bali bombing case are expected to start early next month, prosecutors said yesterday, "We will hand over flies to the court at the end of this month so I expect the first trial will start in
        AFP  -  89 words
      • Article
        Lock icon Ikea opens largest store in Asia
        54 13 AFP [SHANGHAI] Swedish home furnisher Ikea yesterday opened its largest store in Asia, the retailer's second outlet in Shanghai. The new store is part of a major expansion in China, with 10 new outlets to be in operation by 2010, including more outlets in
        AFP  -  54 words
      • Article
        Lock icon Kerry Prop may be taken private
        74 13 Reuters [HONG KONG] Property development and investment firm Kerry Properties Ltd will announce details in a few days of a privatisation plan being proposed by its parent, a Kerry Properties' executive said after the company's annual general meeting. The company has appointed three non-executive
        Reuters  -  74 words
      • Article
        Lock icon LJM, Road Builder Md for project
        61 13 Reuters [KUALA LUMPUR] Malaysia's IJM Corp and Road Builder (M) Holdings are in the running for a US$263 million project to upgrade part of the country's sewerage system, an official said yesterday. They are among four Malaysian companies to have partnered Japanese firms to
        Reuters  -  61 words
      • Article
        Lock icon China vehicle imports up 162% in Q1
        75 13 Reuters [SHANGHAI] Chinese vehicle imports surged 162 per cent in the first quarter over the same period 0f2002, the China Business Weekly cited figures from the China Trading Centre for Auto Imports as saying. More than 45,000 vehicles were shipped into the country
        Reuters  -  75 words
    • Article, Illustration
      Lock icon Nyonya finery
      37 13 [KUALA LUMPUR] Some of the more than one hundred kebayas on display at Malaysia's Nyonya Kebaya Showcase. Nyonyas are a Chinese sub-community whose culture and lifestyle is a fusion of Chinese and Malay influences. REUTERS
      REUTERS  -  37 words
    • Article, Illustration
      Lock icon Hutchison starts Aussie 3G mobile services
      263 13 SYDNEY Launch is part of global roll-out for service, branded '3' TELECOMS giant Hutchison Whampoa Ltd rolled out its first Asian third-genera-tion mobile service yesterday, bringing the high-speed Internet technology to Australia hot on the heels of launches in the UK and Italy. Hutchison
      263 words
    • Article
      Lock icon Thai mobile phone subscriptions slowing
      153 13 AFP [BANGKOK] Thailand's mobile phone operators are seeing a worrying drop in new subscribers and the trend is set to accelerate through the year, a report said yesterday. Telecom companies reported 853,000 new mobile phone customers in January and February this year, a 22.5 per
      AFP  -  153 words
    • Article
      Lock icon Jakarta yet to decide on size of Bank Mandiri IPO
      181 13 JAKARTA Reuters THE size of an initial public offering (IPO) in Indonesia's largest lender, Bank Mandiri, will range from 15 to 30 per cent of the entity's capital with the final decision dependant on market conditions, an official said yesterday.
      Reuters  -  181 words
    • Article
      Lock icon Two Taiwan chip firms to invest US$5b in plants
      363 14 HSINCHU, Taiwan ProMOS to build US$2.5b plant; AU Optronics plans to invest NT$100b Bloomberg Reuters TWO Taiwanese electronic components makers are investing over US$5 billion to ramp up production for the PC market. ProMOS Technologies Inc, Taiwan's second-larg-est maker of memory
      Bloomberg; Reuters  -  363 words
    • Article
      Lock icon Price war revs up in China car market
      177 14 BEIJING AFP A PRICE war has erupted in China's red-hot auto sector as major overseas carmakers seek a greater share of the lucrative market, state press reported yesterday. FAW VW lit the fires on April 2 when it slashed the price of
      AFP  -  177 words
    • Article
      Lock icon China, mulls bank deposit insurance
      293 14 BEIJING Reuters CHINA is mulling a bank deposit insurance plan that would finally give Chinese savers a formal line of defence against the collapse of financial institutions, the China Business Weekly said yesterday. Deposit insurance would also boost confidence in small- and mediumsized banks which
      Reuters  -  293 words
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      202 12 ———During these stressful times, IT ATI n\i7 c fi| Fr -P r take time to recognize the hard work of your Secretary or M ~~r:P. f J Personal Assistant in the past year. Visit www.wellness i.com for great gift ideas details. A community project with the Singapore Red Cross to
      202 words
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      21 12 lianhe Zaobao I Volume of life I I insurance I I policy loans I I r^e (ji?e > ier I I I
      21 words
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      135 13 ITlwa»tcnMli»ieOrt»nm— lay I 8 Raffiaa tearu* *01 13 Eapmtfc KM Stogepara Q39BCC I ~at 6836 7986 Ft 8836 79— I A TRIBUTE TO SECRETARIES 21-25 APRIL 2002 Show your secretary your appreciation by Inviting her to Hua Yuen Chinese Restuarant Lucky draw prizes include stay at Parkroyal Penang and parkroyal
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      165 13 1~1 ME HITUS MANDARIN SINGAPORE l~| AUSTRALIAN GOURMET WINE ADVENTURE SECRETARIES'WEEK 21 25 APRIL 2003 Tuck into our lavish buffet spread of Australian seafood and meat amidst our international favourites, and heighten your indulgence with fine Australian wines. Lunch $45* per person Dinner $50* per person < Reservations: 6831 6271/88
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    Lock icon FINANCE
    1028 14 Transaction date: Apr 15 IHTERBAUK CROSS RATES AS C$ —> Iwn M$ Ufa HpUk YwW Ml K2? Wh No Im< sir KM* *>— W$ Austria* 0X79 9.0M 0.562 4.712 28.548 53X74 0.721 7J55 2-2% (.(04 34X97 31.434 1X75 4735 0.842 ***** 25X94 0.385 0X04 Cm* 1137 5.702 0.439 5.358
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    Lock icon COMMODITIES
    1338 14 SICOM FUTURES Apr 15 RUUEt Fatvci (CUnMI KSKScmUAD CtBM VotaM OpM ItaMfc Mgfe Low Sett (town) merest May 03 ***** JM 03 173.75 Jri03 I7L50 Aaq 03 ***** RSS3(USc«to/h0 VotaM OpM MMtn mi Ln Silt (toMws) toterest Itey 03 9750 1150 JM 03 95.75 2175 M 03 93.50 92.75
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  • WORLD news
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      Lock icon US debates Iraq's future with opposition groups
      563 15 TALLIL AIRBASE, Iraq Some Iraqis say they don't need US help now that Saddam has gone Reuters AP AFP WITH the US-led war against Saddam Hussein all but won, representatives from some Iraqi factions met yesterday for a USsponsored forum on shaping the
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      Lock icon Iraq should continue to be part of Opec: cartel president
      458 15 PARIS Reuters Bloomberg [PARIS] Iraq should remain a member of Opec but it must have a government recognised by the United Nations at the helm, cartel president Abdullah al-Atti-yah said. "Only a government recognised by the UN can represent Iraq
      Reuters; Bloomberg; REUTERS  -  458 words
    • Article
      Lock icon GM posts Q1 profit sounds warning for full year
      447 15 DETROIT GENERAL Motors Corp, the world's largest carmaker, had net income of US$l.4B billion in the first quarter, helped by the sale of its defence unit. The firm said it's "less certain" about meeting its full-year forecast. The earnings warning sent
      447 words
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      Lock icon Jay Garner keen to begin shaping a new Iraq
      312 15 LAT-WP [KUWAIT CITY] A swift war has handed Jay Garner, the retired American general charged with rebuilding Iraq, a rare and daunting opportunity: to create a new state from government ministries and police forces to money and TV stations. It is
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      Lock icon US March output falls 0.5%; plant-use at 74.8%
      415 15 LATEST US INDICATORS Consumer spending stalled in first 2 months of the year Bloomberg [WASHINGTON] US industrial production dropped in March for a second straight month as companies cut back, on fears that demand would falter with the onset of war in
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    • WORLD Watch
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        Lock icon Goldman to buy Ayco Company
        56 15 Bloomberg [NEW YORK] Goldman Sachs Group Inc has agreed to purchase The Ayco Company LP for an undisclosed amount in an effort to offer new financial planning services. Goldman's purchase of Ayco, an Albany, New York-based partnership, could help Goldman win new clients for its
        Bloomberg  -  56 words
      • Article
        Lock icon Celestlca's Ql profit down 91%
        61 15 Bloomberg [TORONTO] Contract manufacturer Celestica Inc said first quarter profit fell 91 per cent because of lower demand for communications and Information technology products. Net income decreased to US$3.4 million or 2 cents a share, from U5539.7 million, or 15 cents, a year earlier. Sales
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      • Article
        Lock icon France feeling effect of wine boycott
        59 15 AFP [BORDEAUX] France has begun to feel the effect of a US boycott of its wines in retaliation for opposition to the US-led war on Iraq, leading merchants said yesterday. Nicolas Gailly, head of Barton et Guestier, said sales had gone down, saying US
        AFP  -  59 words
    • Article
      Lock icon IBM reports steady performance in Q1
      503 16 NEW YORK It manages to post 11% rise In revenue and 8% profit hike despite tech slump NYT Reuters Bloomberg IBM reported solid gains in both sales and profit for the first quarter, showing again that the company has made itself into a bulwark
      NYT; Reuters; Bloomberg  -  503 words
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      Lock icon Portrait of a brave heart
      107 16 [EDINBURGH] So the by's technicians Brian Lamont, left, and Scott Riddell carry one of the earliest known portraits of Scots freedom fighter William Wallace, outside Hopeton House in Edinburgh, Scotland, on Monday. The painting which was expected to raise up to £30,000 (5583,664), at auction,
      AP  -  107 words
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      Lock icon Capital spending rise for chip industry seen
      434 16 SAN FRANCISCO Corporate spending on IT services also to grow this year Reuters Bloomberg THE semiconductor industry, struggling to recover from its worst-ever downturn, yesterday received promising news of a potential rebound. Two key infocomm research firms predicted a pickup in global capital
      Reuters; Bloomberg  -  434 words
    • Article
      Lock icon Philip Morris appeal bond cut by half to US$6.8b
      168 16 EDWARDSVILLE, Illinois Bloomberg AN Illinois judge slashed his previous order of a US$l2 billion cash payment that threatened to push the largest US cigarette maker into bankruptcy by half on Monday. Philip Morris USA must put up US$6.B billion in notes
      Bloomberg  -  168 words
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      Lock icon Human genome project declared complete
      382 16 WASHINGTON Project leaders already unveiling plan to catapult findings into other areas LAT-WP THIRTEEN years after its launch as the most ambitious biomedical research project ever undertaken, the human genome project on Monday was declared officially complete, having revealed in exquisite detail the genetic blueprint
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      Lock icon EU warns of retaliation if US does not revise new audit rules
      580 18 BRUSSELS It is against European firms being required to register with US board NYT AP THE European Union (EU) warned on Monday of retaliation if the United States requires European audit firms to register with its new accounting
      NYT; AP  -  580 words
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      509 15 OVERSEAS UNION ENTERPRISE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fortieth Annual General Meeting of Overseas Union Enterprise Limited will be held at Meritus Mandarin Singapore, Mandarin Court D. 4th Floor. Main Tower. 333 Orchard Road. Singapore *****7. on
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      1034 16 TELEDATA (SINGAPORE) LIMITED (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETINC NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting of the Company will be held at its registered office. No. 10 Dundee Road #06-01 Setron Building, Singapore *****5 on Friday, 2 May 2003 at 9:30
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      455 16 LIVING SYSTEMS ASIA PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN that a meeting of the creditors of the abovenamed company will be held at 30. Robinson Road. •04-01. Robinson Towers. Singapore *****6 on the 30th day of April 2003 at 2.30 p.m. for the following purposes:
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      479 16 NOTKE TO CKCXTOtS AND CONTtMUTOCIU Of INTENTION TO AmT KM KUASC BIOREX-MANNHEIM PTE LTD COMPANIES WINDING UP NO. 354 Of 2000 ToU notice *«< I, dieundenignod liquidator of Ihe abonencmed company, rtwid to apply Id Coett fa ay release, diuoliAon of ihe Company under Sec*on 275 and deduction of boob
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      379 16 M THE MATTER OF THE COMPANIES ACT. CHAPTER SO CLICQUOT SINGAPORE PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordrary General Meebng of me Company convened and held at 15/ F. Dorset House, Taikoo Place, 979 King s Road. Quarry Bay. Hong Kong on 10 April 2003. the foiowmg resolutions were
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    Lock icon STOCKS ASIA
    4519 17 Transaction date: Apr 15 HONGKONG M HKRMT 107 007 S3M NKS 100 Hong Kong Electnc .3140 010 2664 Hongkong Chinese AS) 0.02 256 AJphaGanaral 0-21 unch 0 Hongkong Chinese Ltd 0.63 0.02 256 AnandaWmgOn .HOI unch 0 Hopewell Holdings 6 65 -0.10 662 Angvg New Steel H 135
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    Lock icon KLSE
    1995 17 Transaction date: Apr 15 KUALA LUMPUR **g n, J. raaM Gentng 12.00 0J0 1321 George Kent *24 -0.01 17 Aft M Realty .0 70 inch 0 Globetronics Tech A28 0.06 27 ,T GlomacBhd 1*3 0.05 276 ACPMuarie .2 78 0.03 6 °j" f 0 Advance Synergy *34 0.01 39
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    Lock icon SGX
    614 17 Transaction date: Apr 15 n out &m mw» is ua q2 U1 AM OOC U» Mi <tM rii-M i r ui in ouc la vm MMMa IN UBB 4m0 MB UB «CB»B Oktoft 14) LW taMIMMMtU) IM <« ijM «ra «k i« OeSeTOt Ul tlB Wife U* U> ««JBD
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    Lock icon BONDS & WARRANTS
    444 17 BONDS WARRANTS LM Val Cm* Eh Om. Cor-'SS I* WI* W« u> AST1W*****1 175 1 Itl MS 14 Aon* Ltd VMM 11 It 45 1 SO 990 1.11 19 AmtcfcVWKOtlO 555 1 33 4 154 2t Armstrong A040S20 05 1 10 S2 1100 11 Boustead W0408Q2 1 25 3J» acwown
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    Lock icon SGX MAINBOARD
    5330 18 Transaction date: Apr 15 524* Laat «W Day LatQMW bOt* H* GrtM Nat MCm I—I t— c mm ii i ta*» w- raw n» cv p» tJ ABNAmroNLG 56c 9 U M 1388 115 9 ACE Dynamia20c 11 10.5 115 100 1816 105 245 95 A£M€vertechSc 10.5 unch
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    Lock icon SGX XTRANET
    63 18 SM» im M Day l Mk M> CrtM M Km rn+ Lmm Qui Mt W- f> t— m*rn i+m Cm K *3t ***** OwmonA USC7a0od 4tl0 2700 ISDJUSTedv US3740 i» SH ISMSOSpore USSR HMD S200 tSSAPSOO US8270 ***** Vtc von US82S0 IKK 1230 sn FIT 100 1JH *3
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    Lock icon SGX SESDAQ
    1361 18 sua UM M Mr IMQM MM. m otw MM MC* l— C..»i.| Sa4e W- (n I—I L— Qe»er Mg Or HI >3 22 75 ABKHIdgsSc UN 174 245 IS APWV 20 «05 75 20 1*5 1*5 X 9 U U 7J 17* 515 10 AS Auto Ml 1]
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    Lock icon CLOB INTERNATIONAL
    285 18 Sl«k Lai M Day MO— Cftt> M> *5 I— 11 Ca—8 w- f—I I■■Wl* %CV %wU IIS 81 AVJenrena A25c A106 *1 308 106 106 10* 107 40 14 M U 228.1 Cathay Pac 20c HK720 265 2.1 7.4 2«U 0*mglCong50c HK1780 240 (J 6.7 3 «38S6S H
    285 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      196 18 CBYPTIC CROSSWORD alternative arrange13 These dues may be ancient range HO T- n j r «4« 3 Proposes someone from Mn- 24 Member, a student of law (5) Yesterday's Solution 4 25 S^S?*" 9 Across: 1 Wildcat strike. 9 5 StSSS- <^JJ B Solution 1 ness (8) Saturday s Solution
      196 words
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  • BT motoring
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      Lock icon One Toyota car sold every 10 mins
      358 19  -  BT exclusive Borneo Motors in the fast lane with an unprecedented 40% surge in first-quarter sales, reports Christopher Tan Christopher Tan SEEMINGLY untouched by the retail slump, Toyota distributor Borneo Motors has turned in unprecedented first-quarter sales. The Inchcape company sold 5,300 Toyota
      358 words
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      Lock icon The one and only micro here
      272 19 THIS is the first Smart car on the road here. Spotted by BT photographer Arthur Lee at the Raffles City basement carpark recently, the two-seater "micro" is the one and only car of its kind registered here, according to the Land Transport Authority. The
      ARTHUR LEE  -  272 words
    • BUMPER to BUMPER
      • Article
        Lock icon Quieter bidding at used-oar auction
        108 19 GULF War n and the Sars outbreak dampened bidding at Monday's used-car auction held by DTZ Debenham Tie Leung. Of the 49 cars, only 15 were sold. However, they fetched $720,000—a respectable 36 per cent premium over their scrap value. Mostly repossessed vehicles, the batch
        108 words
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        Lock icon Porsche to cut production
        116 19 GERMAN sports car maker Porsche Ag will cut production by several thousand cars at its main Stuttgart plant this summer due to slackening demand, AP reported. Company spokesman Christian Dau said the cutbacks reflected statements made earlier this year by company head Wendeltn Wiedekingthat production would
        116 words
      • Article
        Lock icon Toyota making 4 new models in China
        97 19 TOYOTA Motor, the world's No 3 vehicle maker, and its Chinese partner First Automotive (Group) Co, will spend three billion yuan (***** million) to make four new models in China, Bloomberg reported. Toyota and China's largest carmaker will start making Crown luxury sedans
        97 words
      • Article
        Lock icon Plans for new Czech small car plant
        110 19 A VENTURE of PSA Peugeot-C itroen and Toyota Motor will spend 750-950 million euros (511.4-1.8 billion) to build its new Czech small car plant and buy machinery for production, Reuters reported. Czechlnvest, the state-run agency for inward investment promotion, said the companies had
        110 words
      • Article
        Lock icon Peugeot revives interest in US
        108 19  -  Compiled by Christopher Tan FRENCH marque Peugeot, absent from America since it sold its last 405 sedan in 1992, says it has reached a point where it may not be able to overlook the US market much longer, Wards Auto.com reported recently. "We are now
        108 words
    • Article
      Lock icon Merc zooms ahead of BMW
      528 19 All reports by Christopher Tan AFTER being tailgated by BMW most of last year, Mer-cedes-Benz has floored the pedal leaving its German arch-rival trailing in the first quarter. Figures from the Motor Traders Association (MTA) show Mercedes-Benz exclusive dealer Cycle Carriage having registered 900 cars
      528 words
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      Lock icon VW's Asia chief quits suddenly
      327 19 ROBERT Buchelhofer, Volkswagen Group board member in charge of Asia, has suddenly left the German vehicle manufacturer. In a brief announcement recently, VW said Dr Buchelhofer, 60, "resigned from his post on April 8,2003" after eight years with the group. "His contract has been terminated
      PILE PHOTO  -  327 words
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      13 19 For tfcs latest spaa aurfcat vatos rates of passsagsr can, go to JMNIV.aap
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      474 19 IN THE MATT El Of THE COMPANIES ACT. CAT SO AND IN THE MATTE* OF JAPAN OtodNAL ELECTRIC (S) PTE LTD (In i' Voluntary lii|nido*mi) Alan Ertroordmry Ganard Maakngaf Mambsn oi JAPAN OMGMAI EICCTWC |S) PTE LTD duty coumwd and Wd at U Salop* toad. «0407 Portion. gam Mai, Singapore
      474 words
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      414 19 ODBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD Incorporated in fa Republic of Singapore) NOTICE OF CLOSURE OF BOOKS FOR 551,100,000,000 6% NON-CUMULATIVE PREFERENCE SHARES ("PREFERENCE SHARES") Notice is hereby given that the Share Transfer Books and Register of Preference Shareholders will be dosed on May 5, 2003. Duly completed transfers
      414 words
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      251 19 M THE MATTER OF THE COMPAMES ACT. CAP. SO AND M THE MATTER OF FORT CANNMG COUNTRY CLUB MVESTMENT LTD (M UOUK)ATKM) NOTICE IS HEREBY GIVEN that the cradoora of the abovenamed Company, wtach it being wound up by the court are required on or before the 16th day of
      251 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Keeping faith in insurance
      594 20  -  BT comment YOUR MONEY Faced with increasing client disillusion, insurers should go back to basics by focusing on pure protection products genovieve cua INSURERS must be grappling with their biggest hurdle yet. Most Singaporeans have implicit faith in insurance, but many are shaken and deeply disillusioned
      594 words
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      Lock icon Don't just give up
      1097 20  -  Steep bonus cuts may make you want to surrender your insurance plans but be clear about the objective of such plans before taking that step. Genevieve Cua gathers views from those in the industry Genevieve Cua Businessman d Lee was so stung by steep bonus cuts
      REUTERS  -  1,097 words
    • Article
      Lock icon Strong showing by buyers and sellers
      1116 20  -  Unexpected jump in sales due to profit-taking after STI's surge, Sars jitters By Robert Halili BOTH buying and selling activity were up in the week to April 14, with Prudential Asset Management topping the buy side with purchases of Mobile One, while the Capital
      1,116 words
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      215 21 41* n VRna A J[i:o *.',/< 1 v N I |%.'/V'; h I ffi» TM I frMm tlir t)i(j i ir .iff pl.ty* mmIi vrlu wf JKSr x< I ,iti(i inv* Mo.s Siiif t ,i iiiiiii t HI, fi//|. It. Jfet M. (i w c t>* 11 !u;l(llfl(i ttl'll Ijf'Mttl
      215 words
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  • PROPERTY 2003
    • Article, Illustration
      Lock icon Going back in time
      1137 22  -  Prices of private homes have dropped back to early-1999 levels, and analysts predict further declines this year, reports KALPANA RASHIWALA KALPANA RASHIWALA PRIVATE home prices are back where they were in early 1999, going by the government's latest flash estimates, but don't expect a repeat of
      Source: Jones Lang LaSalle Research  -  1,137 words
    • Article
      Lock icon Spoilt for choice
      1151 24  -  Private home buyers in Singapore have never had it so good. JOSEPH TAN takes a look at some upcoming new projects JOSEPH TAN BACK in the old days, house hunters had to make their choice based on price and location. Today, their options are far wider and
      1,151 words
    • Article
      Lock icon Legal issues in property tax
      1216 24  -  By SUNDARESWARA SHARMA PROPERTY owners, individuals as well as corporates, may occasionally find themselves facing legal issues relating to property tax. Among the more common questions are: ♦Is it possible to dispute the annual value on which property tax is based? ♦Are new owners liable
      1,216 words
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      Lock icon Vacant space
      1343 26  -  Things are looking down for office property owners, who face an abundance of supply, structural changes as well as a sober economic outlook, says YU LAI BOON YU LAI BOON OFFICE rents look set to slide for a second year, in the face of the current economic turmoil.
      FILE PHOTOS; Source: Jones Lang LaSalle Research  -  1,343 words
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      Lock icon Location, location, location
      492 26 THE retail market, like most property sectors, has been facing one of the most challenging times these last few years. Overall rentals in the central area are estimated to have declined by some 4 to 5 per cent in 2002, going by numbers from the Urban Redevelopment
      FILE PHOTO  -  492 words
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      Lock icon Who dares wins
      994 27  -  Yes, industrial property suffers from shrinking demand and huge supply, but WILSON ANG and JANICE DING also see a window for businesses to own their own space WILSOM ANG and JANICE DING IS YOUR business a current or prospective user of industrial space? If your answer is
      Source: PWD Cost Information Quarterly; FILE PHOTO  -  994 words
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      Lock icon Another hurdle to overcome
      981 28  -  Collective sales have been creeping back, but JEREMY LAKE warns that some may be blocked by owners who face losses by selling JEREMY LAKE THERE have been two periods of intense collective sale activity, each marked by problems to overcome. With such sales coming slowly back
      REUTERS  -  981 words
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      Lock icon Growth in home loans thanks to HDB market
      419 28  -  By VINCE CHONG HOME loans are on the rise, thanks to bank lending for HDB flats taking up the slack from the slowdown in the private residential market. In February, when bank lending slid 0.2 per cent for the year, housing loans
      FILE PHOTO  -  419 words
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      Lock icon Do you have the right stuff?
      915 29  -  To be a council member in your estate's management corporation, that is. JORDAN NEO explains JORDAN NEO DO YOU have what it takes to be a council member of a management corporation? It's certainly not something to be taken lightly, like membership in a
      REUTERS  -  915 words
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      Lock icon Life's a beach in Phuket
      708 30  -  The property market on the Thai resort island is looking up and more mid-range properties are in the pipeline, says STEPHEN O'BRIEN STEPHEN O'BRIEN THE Phuket property market has been undergoing a gradual transformation over the past five to six years. The view of most
      708 words
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      Lock icon Surge in Perth home prices
      895 30  -  By CHRIS GEERS THE vibrant Western Australian residential real estate market continues to break records, with the median housing price hitting the A 5200.000 (*****.000) barrier. For now, however, the vacant land market appears to be cooling off after three whirlwind years of remarkable growth.
      Source: NEWA  -  895 words
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      Lock icon Too much of a good thing
      697 31  -  KL developers are still struggling with oversupply, but the landed residential segment fares relatively better, reports EDDIE TOH EDDIE TOH THE Malaysian economy may have recovered from the crunching recession in 1998 but the property sector is still suffering from overbuilding during the pre-cri-sis
      REUTERS  -  697 words
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      193 22 v «tne mm/\ For the royal» of your heart. History has it that for thousands of years, facing South is the only position fit for royal thrones to be placed. That's why Tha Marbotla, with all units facing South, is specially rasarvad for tho royals of your haart. niffl SSe
      193 words
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      66 23 "1 "v "1 Juniper At Ardmore rentnouse April 2003 h -mi rinaflnr™*™' W Heavenly J f| abode on I) I earth! I i P B 16 n If -1 CONFESSION: Nothings more sensual g, than sipping champagne Jr^ in mt/ own private bath STRICTLY applicable to the rich, and preferably
      66 words
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      90 24 y n r i Jf* "-^^^^PP 1 Ej ft J1 ■h MU f', ■•aasax-tfer- M Wmkmm Wttnm ft *••>- .v v V r .*/V' 11 THB City living has never been this tempting! MM Martaftap Apart tniitur Powlapafa Ucanap No «14M. Lagal Daacrtpllon Lot* W746L. 7M. N74CX. W744N. (OT. SIA.
      90 words
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      225 25 Home Loans With A Personal Touch. I »,'-y ;£>• tf j ,V* jdwaaßßiiadaagr--• K pragf I g|r W ll&P f I- I v m\ >r P? sr v- ftp*.,»£-■feWfc.slv-' wm I IB mm B IFi Tl V m r a L f B V i It 1 4 B#z j
      225 words
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      131 27 .NT U C SSd choice 55 jj homes I I website http//www ntuc-choicehomes com Park Green Executive Condominium GUI 6387 6166 Located at Rivervale Link, Sengkang New Town £7) Near to Kangkar LRT 4 Buangkok MRT Stations *jr M Easily accessible to PIE TPE cnS£uw\ M h Next to Punggol
      131 words
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      102 28 April Attractions i PCG2ISIMFBS 21 cu ft/ 594 L Stainless Steel Door on Black Cabinet PCG23NJMFWW ——-jmrnC: 23 cu ft/622L White Only AV> T^Jf GSG2OIBMFWW/BB White or Black V Y:;fl| APS Lifestyle Gallery WWCB6O2VWW VT |Wj S:^D |i[ J2S22L HQIEQraH Washer Dryer Combi skg, //J/ 12CX)rpm, Reversomatic 9{j fl; /®7
      102 words
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      90 28 Location at 1 mmhimbbi Great Value fc—dßßßß—l GREAT VALUE Prime office/showroom/warehouse at highly affordable rent prestigious address A world-class facility for the fashion lifestyle industry in a conducive environment CONVENIENCE Comprehensive amenities and business facilities with T9H ample car parking for your staff and visitors STRATEGIC ADVANTAGE A total concept
      90 words
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      34 29 FE property consultants Purpose-built j 1 Factory along M Marsiling Lane m 4 purpose-built building Land Area approx. 208, 253 sq Gross Floor Area approx. 166,125 sq ft lease 60 years from June 1978
      34 words
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      Lock icon Page 29 Advertisements Column 2
      172 29 '^r'4B[*S#\'• <i-nm >:< f^ |jM ■wf ffijpfrj CDL rated top amongst developers a mm' p'/'isi survey conducted by NUS. j. At CDL there's only one constant To continually endeavour to better ourselves by raising the ~wC~ /jMjjj&'l± bar of quality, and level of innovation. CDL was |HBB^MBM^BfIPf JlffipCTEfffi, OfIC dim...
      172 words
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      42 30 Ik -f* I' K3SSS9I IPS assssHs Fire your imagination with a hundred and one possibilities with our selection of floor and wall materials in Glass Quartz Lr;.„,; ,n, our range of subde shades, textures the dazzling variety in choice! U\m—i IWWfIHWWUD j
      42 words
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      Lock icon Page 30 Advertisements Column 2
      68 30 ESHI§ LOCK^BATH Singapore's Premier Specialty Retailer of Locks Bath tha LOCK shop PP '^r5£ f f M«}or Stockists I^^ for Baldwin. Kwikset, I m |*> Society Brass. SkT3v Zl \tnWf Iflflfev VaHi VaJfc and C Gainsborough products. I t <$ W j 7" '*v {pry. Am llr^j I Jjj |K
      68 words
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      552 31 Property ConsS^a^|M to Clients! Jtj j{ j In line with the authorities' company- Real Star Property, which has grown *4lfjL jS f. plans to raise the standards by almost 2300% in strength over the last 2 years. 'T g 0 i\ t i of real estate agents in Through its
      552 words
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      148 32 JRr Af .< 3* m 7 fiW JjHi ji j H j^HVf i wKU i 1' OVER TIME, SOME INVESTMENTS JUST PROVE WISERfII^H Art collectors have consistently proven that investing in something flf If rare and beautiful makes sense (and money). v| tt W 1 H^B 9 *fl| PV I
      148 words
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  • SHIPPING TIMES
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      Lock icon Star Cruises revenue, stock take a beating from Sars
      654 33  -  Most analysts have downgraded earnings estimates for cruise operator By Donald Urquhart [SINGAPORE] Star Cruises, like many of its travel industry counterparts, is taking a beating at the hands of the Sars virus as it sees its revenue stream bleed and
      FILE PHOTO  -  654 words
    • Article
      Lock icon DAILY FREIGHT
      292 33 Reuters THE Baltic Dry Index rose 12 points to 2081, the Baltic Capesize Index rose 7 points to 2725, the Baltic Panamax Index rose 23 points to 2095 and the Baltic Handymax Index rose 64 points to *****. TIME-CHARTER: Leonardo Lembo (built 1996) ***** dwt 14 on 34
      Reuters  -  292 words
    • Article
      Lock icon MARITIME STOCKS
      277 33 sex 'ooo Aprjs s$ y<n CWT Distribution 0.52 0.02 6 Chuan Hup 0.39 -0.01 1371 CH Offshore 0.19 unch 878 Coko Investment —0.21 unch 32 Fr»iqht Links 0.03 unch 44 GB Holdings —.0.56 unch 0 Jaya Holdings 0.32 unch 814 KeppelCorp 4.54 0.02 1053 K1 Venture 0.16 unch
      277 words
    • Article, Illustration
      Lock icon Kwai Chung port's throughput surges in first quarter
      322 33  -  Dominant HK terminals handle 2.85m TEUs By Beth Jinks [SINGAPORE] Hong Kong's dominant Kwai Chung port enjoyed strong growth in the first quarter, handling 2.85 million TEUs (twentyfoot equivalent units). March's 1.03 million TEU throughput represented 10.7 per cent growth year on
      AFP  -  322 words
    • Article
      Lock icon NCL buys 2 historic US ships
      413 33  -  Star Cruises unit building up US-flagged fleet By Beth Jinks [SINGAPORE] Star Cruises USbased subsidiary Norwegian Cruise Lines (NCL) has continued its fleet expansion, saving from the scrap yard the historic S/S United States for its intra-American business, and a second classic, the S/S
      413 words
    • Article
      Lock icon Canada to have 24-hour cargo rule from next April
      276 33  -  By Donald Urquhart [SINGAPORE] Canada will require 24-hour advance cargo notification from next April in a move that mirrors that of the US which came into effect earlier this year. In what is almost a carbon copy of the US Customs
      276 words
    • Article
      Lock icon Saudi shipping firm strikes 3-year deal with Chevron
      226 33 AFP [RIYADH] The National Shipping Company of Saudi Arabia (NSCSA) said it has signed a three-year contract with Chevron Shipping of the United States to transport its crude oil worldwide. The contract, signed last week by NSCSA chairman Suleiman al-Harbish and Chevron
      AFP  -  226 words
    • Article, Illustration
      Lock icon Rational IMO response needed to EC tanker proposals
      1032 34  -  STRAIT TALK By David Hughes AS expected all 15 European Union states have put their names to a set of formal proposals, formulated by the European Commission following the Prestige casualty, to change the International Convention for the Prevention of Marine Pollution
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      195 34 PAGE Avant 8 B'tang Mas S 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 Sun
      195 words
    • Article
      Lock icon SHIPPING GUIDE
      13153 39 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vess*< Voyage T#t#phon# ETA ETA Advertiser V»SS#I Voyag# THephon# SIN D#st'n Nam# Nam* Number Number SIN Dest'n Nam# Nam# Numb#r Numb#r 08/05 04/06 Hamburg S EVER GENTRY 0494-098* 65******61 TO ABIDJAN (ABJ) 2003 Cot* D'lvoirt 10/05 05/06 MOL PIONEDOLINDA 4913A 65-*****666 23/04 04/06
      13,153 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        587 41 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER118 E3085 J3 A/SIDE 16/04 0030 MASTROGS2 *****3 J17/18 A/SIDE 16/04 1200 SANTA SURIA2 03/2003 J23 A/SIDE 16/04 2359 TIAN JIU 01 J11 A/SIDE 16/04 2000 VIENTIANE 02 J24 A/SIDE 16/04 2300 WELLI W***** J2 A/SIDE 16/04 0300 BATAMBARU
        587 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1784 41 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX ULAC 051N 051N 1 1904/2003-15Q0 1904/2003-23:00 AEGEAN EXP 32N 32N 1 16/04/2003-01 30 1604/2003 10:30 P04 AL ABDAU C238W C238W 1 1904/2003-1500 2004/2003-03 00 ALAMJAYA 2 8842 8842 1
        1,784 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        140 41 Apr 17 Philippines: Maundy Thursday Apr 18 Australia: Good Friday Hong Kong: Good Friday Indonesia: Good Friday Brazil: Good Friday U.K.:Good Friday Philippines: Good Friday Singapore: Good Friday Apr 19 Hong Kong: Day Following G Fri Australia: Easter SaturdayApr 20 Philippines: Easter Apr 21 Australia: Easter Monday Hong
        140 words
      • Article
        Lock icon COCKPIT BUNKER MARKET REPORT
        795 41 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indi cated The Cockett Bunker Price Index change
        795 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        471 41 Carton 160 Mai 989.3 0.4 152 0.06 55 0.03 An* in Daniltv Niter Residue AshAluwiniuin Sediment Ho above £25 0 0 2 0 OL* '7 /m 380 Ave 986.2 Oi I4J 0.05 22 0.02 V2 380 Mil 991.4 0.8 18.9 0.08 46 0.06 I6/IT3 »/V w/M
        471 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Taiwan cuts landing fees to aid Sars-hit airlines
        761 42  -  ASIAN AVIATION CRISIS Airlines asking for some form of bailout from aviation industry partners By George Joseph [SINGAPORE] Taiwan has become the first Asian authority to cut landing fees as airline groupings urged governments to share the financial consequences of the Sars
        REUTERS  -  761 words
      • Article, Illustration
        Lock icon US Airways' gain from United deal better than thought: source
        393 42 Bookings for flights generated by tie-up look strong, says US Airways Reuters [NEW YORK] US Airways Group Inc is pulling in more revenue from its new marketing partnership with United Airlines than it had initially expected, even though the latter
        Reuters; REUTERS  -  393 words
      • LOG Book
        • Article
          Lock icon Northwest wants to cat 1.000 jobs
          91 42 Bloomberg [ST PAUL, Minnesota] Northwest Airlines, the fourth-largest US airline, wants to cut an additional 1,000 union jobs, the Aircraft Mechanics Fraternal Association said. The 1,000 jobs are in addition to the 2,000 the union lost last month, when Northwest eliminated 4,900 positions, or
          Bloomberg  -  91 words
        • Article
          Lock icon Iberia to report traffic slump
          87 42 Bloomberg [LONDON] Iberia Lineas Aereas de Espana SA, Spain's largest airline, will report a slump in March traffic this week as war in Iraq, a killer respiratory disease and slowing economies hurt demand for flying, analysts said. Rivals Deutsche Lufthansa AG and SAS Group last
          Bloomberg  -  87 words
      • Article, Illustration
        Lock icon American Airlines lines up bankruptcy financing plan
        575 42 It will file for Ch 11 protection if any of its 3 unions rejects pay cut deals Reuters [CHICAGO] The world's largest carrier American Airlines has almost wrapped up US$l.5 billion in debtor-in-possession (DIP) financing should it file for bankruptcy, as its labour
        Reuters; AP  -  575 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1934 42 cmr aem eta fugmt cto lht7» 1555 sc?oo« 2305 aw wait m maw n» nz*tit 1555 ut9763 2350 MM IMVTI »2007 1555 5026 2350 ium mm 73 <* *>'> AmtrrMffl SO123 0640 *L636 2255 GA975 0655 Ht* MW IW tW» W *L637 1455 CwntrtM ***** 19)0
        1,934 words
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      14 33 Taiwan cuts landing fees to help Sars-hit airlines American lines up bankruptcy financing plan
      14 words
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      77 33 MEDITERRANEAN SHIPPING COMPANY I Tgjjg SOUTH EAST ASIA (SINGAPORE) PTE LTD REMOVAL NOTICE With effect from 21 st April 2003, we will be relocating to the following premises: 61, Robinson Road #19-01/04, Robinson Centre Singapore *****3 All our lines will be changed. You may contact us at the following 1
      77 words
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      881 34 I TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS 1 VBSa VOY P«G p!Hl?| LONG RUCH |dMIAS [HOUSTON MtMPHK QNCAGO NOW TOW TO AUSTRALIA (AUBTRALIA ASIA EXPRESS) ooQitwr row 30E14 15*4 14*4 02/05 04/05 09*5 07/05 07/05 10/05 voy eta sin kg ——Si 1 —m~\ —std me ah OOt
      881 words
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      Lock icon Page 34 Advertisements Column 2
      477 34 Lifw 4 sennc* by _j, L 9 Singapore Shipfing Auociohon g ULY UNI MALI f rasa voy n* in eta A P.KUW6 SfOtl jjU EmprßM Lily 0303 26/04 28/04 07/05 Mold Corner 738 A 03/05 05/05 14/05 Princeis Lily 0403 13/05 15/05 24/05 Maid Star 539 A 23/05 25/05 03/06
      477 words
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      Lock icon Page 35 Advertisements Column 1
      1084 35 TO EUROPE FROM EUROPE Ivesa Ivors* «t miw mii mv sou i» llvcsa \mmm\mmsu\mm\ API MOU 107W17/04 07/05 04/0505/05 IfIFWH list 17/03 14,.'03 24/03 17, 04 *MX MTfOUTY 01WMI/04 30/04 05/05 07/05 04/05 10/05 Hfl**«MtSS 342 30/03 02/04 04/04 27/03 20/D4 HYUNDAI DsCoYtrr JI4WII/0403/05 04/05 11/05 13/05 07/05 tfIHUW 1021
      1,084 words
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      Lock icon Page 35 Advertisements Column 2
      1959 35 pmcr cm 10 umk*^ ■p^ I| j^ ZI- M IQUI tlOllii) UMTS »rt ith ZEEKSX™"SSSKS I AMMM (JMMUQ via AQABA IS MVS fit IMtlm? TH:4714 IfH(MAM) WWAIO ID 0 44T0S7U i»U1l/« I ■DIMM (Tl—J •IS MTS I C»NO:I1747NOOOM I/S»» M7WMS 4MMIU/44 I jOHorsomo: awvwrwui MINIM untm 'TVIQSAUKSVBSr COSm A684Q8 (M)
      1,959 words
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      1207 36 HMI HYUNDAI MERCHANT MARINE CO., LTD. wwwi—2l.C— 01 MO. **********0H |vbhi ~~wT TT sou i» if ant lam m vbsel ~voT sou ~lbT to "amy" hoi "W j MOtPOKBJO* OMW 17/04 01/05 OJ/0S M/ 04 30/04 HY FHKRAL 34H M/ 01 10/03 11/03 M/ 03 11/04 HY FOCTWK 314W 14/04
      1,207 words
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      Lock icon Page 36 Advertisements Column 2
      1346 36 WAN HAI NTERNATIONAL PTE LTD a Mfc *****n*****| Vr>A iif.il HUP# T1L*****5M (HUMS) FAX; *****163 VW\WAN HAI LINES V* JOH M:M7) HIWOINLIPTHIIWI a M:|HI)BtM7S ML (B1)IJ»7714/ XWIJIS l.i o»msmi«U:«n)aMmM*mM/m« nnw -'l am-» <i7m3wa.io. J?- jf. «T TTD rot CTB WO m Wma mil? HAM IWH TTHWtcwrtctj inn |<MM1717 lilt IMI
      1,346 words
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      Lock icon Page 36 Advertisements Column 3
      585 36 BSfl x MYANMA sn FIVE STAR UNE (MjfNMr NHo—I UM) Vissa VOT SIN PU PEN POI PAGAN 306W SIS HPA-AN 306W SU IN MALAYSIA: DOUSTEAD SHIPPING AGENCIES KIIL 03-*****300 PKL 03-3174*101 PIN: 04-2****** BANK LINE (A MTViCO «f 1 I NORTHBOUND TO EUROPE V CONIAVO, RORO, HUUIICAVYUFTS VKSE SM pa
      585 words
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      1196 37 IVISStI VOT KHH HKO SIN PKI DX» lAI DMM UK IRAN TIHRAN PCI 307 1 5704 ***** 19/04 20/04 27/04 21/04 06/0S 04/05 M.V. UNDAVIA PCI 308 22/04 23/04 26/04 27/04 04/05 05/05 12/05 14/05 WAN KIRMAN PCI 309 29/04 30/04 03/05 04/05 11/05 12/05 19/05 21/05 IRAN ISFAHAN PCI
      1,196 words
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      544 37 i 19| UK CONTINENT SERVICE Looting for OCEAN ISLAND RDM/ATW/BMN/UK/NAN NURTEN ANA RDM/ATW/BMNAJK/NANTES FLORES RDM/ATWAJK/NAN Load* EVW Mateya. tndonewa MIDDLE-EAST SERVICE Loading (or ISSAC LIGHT DBI/ABU/DOH/BRN/DMM/KWT SOURIA DBI/ABU/DOH/BRN/DMM/KWT P LAMER ADN/H DD/J DH/AQA "Loads Srtgapore, E7W Mataysa, Indonen USA SERVICE Loading tor AROURA AMETHYST CAM/NFK/SAV/NOL CALANDA MZL/LAX/VCW •Loads E7W. Malayaia,
      544 words
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      1175 37 YB» m sft Ml a w —ash gar j fia J3t_ Baa a —w —nab gg- -gg--ami mm urn. ii/h HHlHTrnvnvmTfn^HHHH p*c uxpi wwn lL_m 10/ M ggg gjg gg jBE m em am n/w ■lb tig iftH urn ■g^LnaHl pacwat Ptom ii/ 04 !Bk H/M HM jtunu asm 22/
      1,175 words
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      639 38 ma SKY 073* IS-19/M 25-27/W 02-03/05 I neasu 074N 22 23/04 21-01/05 04-07/05 I TieaUlDtt 075* 25 26/04 02-04/04 MlO/04 I TI6U SMAIK 076N 21-30/04 G4-OC/D5 11-14/05 I n6as£^^^w7«^om2j_®2j'^^i^7/Bj SJ* TEN 154 5?5704 MM I TI6EIIYION SIJ 1120/04 24-27/04 0*4)7/05 I DALIAN 425 22 23/04 21-30/04 014)1/05 I J lALSAM
      639 words
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      Lock icon Page 38 Advertisements Column 2
      849 38 VESSEL NAME VOY SINGAPOtE POtT UUNG SfiUG«S MONOA ETA ETA EH) ETA ETD HA ETP WIW SEA STAI IINOO7 THU 17/04 11/04 l»/04 22/04 30/04 OCUEK ownm SAT 11/04 20/04 20/04 23/04 20/04 QC DIGNITY 00M003 TW 22/04 23/04 23/04 27/04 03/0S OCTEAI 01NI3I SUN 27/04 02/0$ OS/0S IIANOIAE SHMHA
      849 words
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      Lock icon Page 38 Advertisements Column 3
      1087 38 /h PDZ LINES S^JKMWe.I QSBSEEEIBIHBIIQBQEBiHHE^SDDi^^DB^B MWMSi 3443 10/04 GU4ENG 3007 17/04 S.MMMM6 Mil 17/04 BMOg MO7 10/04 OUMAKASI 1117 JJ/04 GtSWEE 3017 20/04 VMUWI MIS 22/04 S.MUM *17 it/04 oiSUHG A 6312 25/04 02/0S HWtii MPS 25/04 cwmic 1000 24/04 *«H«AI Mil 24/14 OHM >004 03/04 guAM UQQ4 01/05 06/05
      1,087 words
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      Lock icon Page 38 Advertisements Column 4
      201 38 WERBHSMI BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVKZ FROM S'PORf TO KARACHI Ivpsn wrm mvmmm |a*d 013HW 11/04/03 71/04/03 SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/00 Aptx T«w, fingapon *****5 TiUphonr *270 0977 VI FocsMte: 627S 2309 VII Talwc RS ***** StAPAC DRttCT SIN NAMPO, t>JJL KORtA I vpsa Yorta
      201 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Lock icon Page 41 Miscellaneous Column 1
      122 41 fSSSSSSSSSST^m FOR 7AM 16 Apr 2003 Y I _\v Issued by Meteorological Service Division,NEA LEGEND: R Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds R a i n 1 One half fleche represents 5 knots Cloudy Day I —One full fleche
      122 words
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