The Business Times, 1 May 2003

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Microfilm: NL25027
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 MITA (P) 024/03/2003 85C r. > THE BUSINESS TIMES SINGAPOR E InteT.et ii"p./'ousiness-times.asial .com.sg THURSDAY, MAY 1, 2003
    17 words
  • Article
    Lock icon SIA sends crew on unpaid leave, cuts capacity again
    692 1  -  It is also in talks with pilots' association to introduce periods of compulsory no-pay leave for them By' Ven Sreenivasan [SINGAPORE] Grappling with the worst crisis in its 56-year history, Singapore Airlines has slashed capacity by another 9 per cent and
    692 words
  • Article, Illustration
    Lock icon $14b wiped off S'pore market despite relief rally
    917 1  -  From SIA to DBS, economy-sensitive stocks bear brant of decline By' Ven Sreenivasan [SINGAPORE] Here's the bad news: fears of a protracted war in the Middle East and concerns over the economic impact of Sars wiped $14.6 billion or 7 per cent
    Source: Bloomberg  -  917 words
  • Article
    Lock icon Defensive stocks with high cash flows safest bets
    570 1  -  Cyclical counters depend on how Sars pans out: analysts By Teh Hooi Ling [SINGAPORE] Not many, if at all, companies will emerge winners in an economy under siege from the mysterious pneumonia as well as poor business sentiments. The safest bets are
    570 words
  • Article
    Lock icon MARKETS
    72 1 STI 1,281.33 (-3.28) ST INDEX FUTURES 1,289.00 (-26.00) SIMSCI FUTURES 184.80 (4.90) Wednesday Change KLSECOMP ***** *133 NIKKEI 225 7.831.42 ****** HANG SENG &717.22 -2700 SET INDEX —374.63 >171 JAKARTA COMP .450.86 *6.67 MANILA COMP .1.***** *1978 TAIPEI WPI 4,148.07 -5i25 SEOl'LCOMP 599.35 *199 SHENZHEN B +045 AI'STALL ORD
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  • Article
    Lock icon FINANCE
    74 1 FOREX RATES US* SI L'SS (SS per ISS) 1.775 £(l'SS/SS per 1.594 2.829 ElRO(l'S$/SS/E) 1.112 1.975 YEN 119.4 «7 30 RM 3800 1140 HKS 7.799 4 393 BAHT 42.85 2413 Rl'PIAH &670 4.883 RENMINBI 8.299 4674 INDIAN Rl'PEE 47 35 2667 PRIME RATES SINGAPORE* 555 Kl ALA Ll'MPTR 640
    74 words
  • Article, Illustration
    Lock icon Greenspan: Rate cuts if more disinflation
    476 1 Sars affecting US tourism; fallont could hurt US manufacturing Bloomberg AFP [WASHINGTON] Federal Reserve Chairman Alan Greenspan said he remains confident that the US economy will expand at a faster pace, provided that corporate executives shed their pessimism and begin to spend more. Mr
    Bloomberg; AFP  -  476 words
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Website for unsatiated
        67 2 SARTURATED with news about Sars yet? If not. check out wwww.sars.gov.sg, a useful website set up recently by the Ministry of Information. Communications and the Arts that provides all the essential information about the dreadful disease and what the government U doing to contain its spread. The
        67 words
      • Article
        Lock icon Long haul for airlines
        90 2 FOR those who love astrological predictions, here's one on Sars. According to the astrology section of the popular Indian website www.sify.conj, Sars will be well under control worldw ide by September and "news about Sars will wither off" by then. Just before you start thinking that
        90 words
      • Article
        Lock icon Be safe — buy a car
        89 2 Be safe buy a car NOTING that COE prices for cars have been firm despite current events, wits in the motor industry have speculated that it was actually the Sars scare that fuelled demand. According to them, it works like this since people are becoming jittery over public transport with
        89 words
    • Article
      Lock icon Banks undaunted by new Basel rules
      440 2  -  Lower capital ratios for honsing loans unlikely to cause overheating By\ Siow Li Sen (SINGAPORE) Bankers say the proposed lower capital to be set aside for home loans are not likely to cause overheating of the already fiercely competitive Singapore residential loan market A
      440 words
    • Article
      Lock icon Proposed transfer of Traffic Police to LTA called off
      432 2  -  |:il exclusive It's better to keep functions within Police Force; says Home Affairs Ministry Ryi Christopher Tan [SINGAPORE) It's no go for a bold proposal to make the Traffic Police part of the Land Transport Authority (LTA). BT understands the proposed
      432 words
    • Article
      Lock icon More pledges for Citibank-BT Sars Fund
      162 2 AS efforts to battle Sars continue relentlessly, there is no dearth of donations and pledges to "Citibank-The Business Times Sars Fund" from organisations, businesses and the public. All proceeds of the fund, set up to help needy families of Sars patients, will go towards
      162 words
    • Article, Illustration
      Lock icon Should you piggyback on Buffett to China?
      791 2  -  COMMENTARY By' William Peselt Jr Bloomberg WARREN Buffett's search for cheap stocks has brought him to a surprising place: China. A month after telling Berkshire Hathaway Inc shareholders US shares were too expensive, Mr Buffett's company upped its stake in PetroChina Co. It's
      Bloomberg; BLOOMBERG FILE PHOTO  -  791 words
    • Article
      Lock icon Companies to maintain 2.4% pay rise: poll
      480 2  -  Variable bonnses for star performers likely to be cnt By, Anna Teo [SINGAPORE] It ain't quite shared misery not equally anyway but in these tough times, even the top performers aren't spared. A recent e-poll of 228 organisations here found that variable bonuses
      480 words
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  • SARS OUTBREAK
    • Article, Illustration
      Lock icon Beijing outbreak severe, hospitals struggling
      719 3 101 new cases reported as clusters surface; Taiwan sees 12 new cases AFP [BEIJING] Beijing's outbreak of Sars is "severe" and hospitals are struggling to cope, the city's acting mayor said, and he can't rule out sealing off the city if the epidemic worsens. The
      AFP  -  719 words
    • Article
      Lock icon Canada promises tougher Sars checks
      380 3 Move comes as WHO lifts travel warning on Toronto Reuters AFP [TORONTO] Jubilant over a World Health Organisation (WHO) decision to scrap a warning that travellers avoid Toronto, Canada on Tuesday promised tougher steps, including screening at its airports, to stop Sars from spreading. "We
      Reuters; AFP  -  380 words
    • Article, Illustration
      Lock icon The boys are back
      105 3 [SINGAPORE] Two 'old boys'of Raffles Institution (RI) —Prime Minister Goh Chok Tong and Health Minister Lim Hng Kiang—took a trip down memory lane yesterday to be at their alma mater's Founder's Day celebration held at the Ritz Carlton hotel. Looking relaxed, Mr Goh even joked that
      ARTHUR LEE  -  105 words
    • IN Brief
      • Article
        Lock icon HK awaiting clarification of reports
        74 3 Bloomberg [HONG KONG] Hong Kong is awaiting clarification of news reports that some Chinese cities are quarantining visitors from Hong Kong for 14 days as an anti-Sars precaution, Chief Executive Tung Chee-hwa said. Apple Daily earlier reported that the cities of Shanghai, Nanjing. Shenyang and
        Bloomberg  -  74 words
      • Article
        Lock icon China bans group travel to Taiwan
        53 3 AP [BEIJING] China is prohibiting groups from visiting Taiwan amid fears the travellers would spread the Sars virus, Xinhua reported yesterday. The move came three days after Taiwan said it would stop issuing visas to citizens from China for the next two weeks, unless
        AP  -  53 words
      • Article
        Lock icon Cathay cuts more flights to Taipei
        53 3 Reuters [HONG KONG] Hong Kong carrier Cathay Pacific Airways Ltd said yesterday it had cut more flights on the Taipei route after authorities there banned travellers from Sars-afJlicted Hong Kong. A spokeswoman said Cathay would now operate just three to five round trips to
        Reuters  -  53 words
      • Article
        Lock icon Temperature checks in Shanghai
        66 3 Bloomberg [SHANGHAI] Shanghai is checking the temperatures of all travellers arriving and leaving the city, focusing on visitors from the 26 provinces with Sars cases, said Huang Jinzhi, the city's deputy transport commissioner. The city also cancelled the May 1-5 Labour Day holiday for university students,
        Bloomberg  -  66 words
      • Article
        Lock icon Disinfectant as anti-Sars measure
        69 3 AFP [TAILING, China] Farmers living in rural Beijing are barricading their villages and spraying disinfectant along roadsides amid fears that the raging Sars epidemic in the capital will intensify. "We spray disinfectant whenever and wherever outsiders go when they come up here," a neighbourhood committee official
        AFP  -  69 words
      • Article
        Lock icon China extends futures market break
        72 3 Reuters [SHANGHAI] China said yesterday it will shut its commodity futures markets from today to May 9 with trade to resume on May 12 as part of its efforts to fight the spread of Sars. The move to lengthen an originally planned May 1-5 break
        Reuters  -  72 words
      • Article
        Lock icon Suspended Air India pilots go to court
        84 3 AFP [BOMBAY] Twenty-six Air India pilots yesterday filed a case in the Bombay high court against the airline management's decision to suspend them for refusing to fly to Sars-affected countries. Air India has suspended 45 pilots. The pilots have refused outright to fly
        AFP  -  84 words
    • Article
      Lock icon Gloomy Q2 earnings seen for Taiwan computer firms
      451 3 Reuters [TAIPEI] Taiwan's top computer and peripherals makers are looking at a gloomy second quarter, with analysts fearing the Sars outbreak will make them pay for their reliance on China, the island's largest export market. "Demand in China will decrease if Sars
      Reuters  -  451 words
    • Article
      Lock icon Some HK Sars patients suffer relapses
      181 3 AP [HONG KONG] Some Severe Acute Respiratory Syndrome (Sars) patients in Hong Kong have suffered relapses after being listed as recovered and discharged from hospitals, according to health officials who said yesterday they were probing the cases. Six Hong Kong people who suffered relapses
      AP  -  181 words
    • Article
      Lock icon US scientists go all-out to develop anti-Sars vaccine
      421 3 Vaccine may be available within as little as one year AFP Bloomberg [WASHINGTON] US government scientists have launched an all-out effort to develop a vaccine against Sars in an effort to contain the deadly disease. The Washington Post said yesterday. The National
      AFP; Bloomberg  -  421 words
    • Article
      Lock icon Deals at top China trade fair drop to 15-year low
      179 3 Reuters [BEIJING] The value of deals at China's top trade fair slumped to a quarter of previous levels the worst showing in 15 years state media said yesterday, in the latest sign that Sars is hitting Asia's fastest growing economy.
      Reuters  -  179 words
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  • Article
    Lock icon Ranking of Singapore companies by market capitalisation
    51 4 Notes: AM marfcet cap figures are in Singapore doters. Ctoeing pnces of shares traded in foreign atrendes are not converted to Sngapore dolars but their market capitaksst on figures are lepiesented in Singapore dolars. Exchange rates used: US$l 551.7753. Asl=Ssl.lo79. HKs=Sso.2276 Compiled by
    51 words
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  • SINGAPORE companies
    • Article
      Lock icon SembLog upbeat on prospects
      191 5  -  It posts 18% rise in Q1 net, makes headway in China By< Andrea Tan DESPITE tough operating conditions, SembCorp Logistics said it is "still confident" it will continue to perform well this year. SembLog, which has set a target of 15 per cent growth in recurring
      191 words
    • Article, Illustration
      Lock icon MISC won't guarantee AET's debts: CEO
      589 5  -  American Eagle expected to account for 10% of MISC's profit by next year Frorn Eddie Toh in Kuala Lumpur MALAYSIA International Shipping Corporation (MISC) won't guarantee the huge debt of American Eagle Tankers in the acquisition of the profitable oil tanker arm of Singapore's
      FILE PHOTO  -  589 words
    • Article, Illustration
      Lock icon Ex-Van Der Horst director raises stake in Teamsphere
      206 5  -  By\ Kenneth Lim FORMER Van Der Horst director Freddie Heng raised his stake in Sesdaq-listed Teamsphere on Tuesday by buying 8.9 million shares, or 7.7 per cent of the firm's issued share capital. At six cents apiece, the purchase increased Mr Heng's
      FILE PHOTO  -  206 words
    • Article
      Lock icon SembMarine's dividends enough to offset risks
      638 5  -  lock siew quak hiang whai THANKS to a consistent high dividend policy, SembCorp Marine has been one of few counters which managed to retain the support of brokers and investors even as the market languished in the last few months. Even if the stock
      638 words
    • Article
      Lock icon ST Telemedia goes it alone in Global Crossing buy
      409 7  -  It doubles its investment to USs2som as HK's Hutchison pulls out By Andrea Tan SINGAPORE Technologies Telemedia will fly solo in its investment for bankrupt US telco Global Crossing after Hongkong's Hutchison Telecommunications decided to pull out at the eleventh hour.
      409 words
    • Article, Illustration
      Lock icon Stats trims losses further to US$9.6m in Q1
      437 7  -  Path to profitability intact with revenue growing, says CEO By David Boey ST ASSEMBLY Test Services (Stats) yesterday turned in a US$9.6 million loss for its first quarter ended March its smallest loss in nine consecutive quarters and said this performance validates
      FILE PHOTO  -  437 words
    • Article
      Lock icon SPH not aware of any M1 stake buyer
      326 7  -  Bnt it has 'tag-along' rights if other Ml shareholders find a bnyer By< Andrea Tan SINGAPORE Press Holdings said yesterday it was not aware of any "serious buyer" for its over 14 per cent stake in mobile-phone operator Mobile One. "We are
      326 words
    • Article, Illustration
      Lock icon Metalock FY02 profit surges to $5.4m
      322 7  -  By' Ven Sreenivasan OILFIELD engineering and marine-services specialist Metalock Singapore which yesterday announced a change of its name to MTQ Corporation Ltd has reported an almost four-fold increase in full-year attributable profit. The results were helped by a net exceptional gain of $2.8 million,
      FILE PHOTO  -  322 words
    • Article, Illustration
      Lock icon Leong Hin rebounds in heavy trade after curbs lifted
      342 7  -  By Kenneth Lim AFTER reeling to as low as 6.5 cents from 76.5 cents in a matter of days, shares in construction company Leong Hin Holdings rebounded yesterday after broking houses lifted trading curbs on the counter. Leong Hin shares recouped
      Source: Bloomberg  -  342 words
    • COMPANY Briefs
      • Article
        Lock icon Vicom wins Brunei deal
        49 7 VICOM Ltd, a listed vehicle inspection company, has clinched a $1.5 million project to upgrade, commission and maintain a vehicle inspection system owned by the Land Transport Department of Brunei. It teamed up with ATB Services, a Brunei engineering specialist, to bid for the project.
        49 words
      • Article
        Lock icon Astra Q1 profit falls
        60 7 Reuters INDONESIA carmaker Astra International said yesterday its net profit fell in the first quarter 0f2003 due to lower foreign exchange gain. The company had net profit 0f842.31 billion rupiah (*****.7 million) compared with 1.11 trillion rupiah in the same quarter last year. Revenue was higher
        Reuters  -  60 words
      • Article
        Lock icon Fastech trims loss
        49 7 FASTECH Synergy said Its Ql net loss narrowed to 1992,000 from $2-2 million. Turnover row to $4.5 million from $3.1 million Fastech said It was In the recovery phase and would continue Its discussions with creditor banks for the restructuring of its short-term and long-term debts.
        49 words
      • Article
        Lock icon Acma cuts Enersave stake
        43 7 ACMA Ltd has sold six million shares of Sesdaq-listed Enersave Holdings Limited. The sale, transacted by private treaty at 13.5 cents per share, represents a 4.9 per cent stake in Enersave and reduces Acma's interest to 35.3 per cent
        43 words
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      Lock icon Page 5 Advertisements Column 1
      8 5 Buy It. |jf£S Sell It. Find It. c.a.t.s.
      8 words
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      Lock icon Page 5 Advertisements Column 2
      520 5 "From a company specialising in marine repairs, (Singapore) Limited has today matured into a group with three core engineering divisions, namely, Oilfield Engineering, Turbocharger Fuel Injection as well as Subsea Robotics. r. The adoption of this new corporate identity unifies a-, s gj ir the Group s cross border activities.
      520 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      307 6 OTHER SINGAPORE INDICES Apr 30 VALUE CLOSE BTOfLOS 192.00 94.00 VTCMM -*****XX) -52 00 VTlO-rfayMA 19.00 M-SG Earths 345.85 -0.48 SGEmMotEIM* 121.20 +1.88 1078.87 -15.04 SG Eqaftfes Prop 298.18 -1.68 MSCt Singapore 157.50 SMSCI Fatarts 154.50 -4.90 Stacfcs Votam Leoog Mm 20c 109.069.000 n mt 15c 46,369,000 JK Yam** 20c
      307 words
    • Article, Illustration
      Lock icon Growth of marine unit China sales may help sustain KepCorp uptrend
      290 6  -  HOT STOCK/ WARRANT By 1 Ven Sreenivasan AMID all the uncertainty and gloom of the past few months, Keppel Corp has proved itself to be a reliable and solid investment prospect. The company did not disappoint this week when
      290 words
    • Article, Illustration
      Lock icon An equal opportunity market
      712 6  -  comment STOCKS r. sivanithy WHO says the Singapore stock market doesn't provide equal opportunities for all? Who says it's a market reserved for the big boys and that small caps need not bother? If anyone had any doubts about the equity of equities, they need have
      712 words
    • Article, Illustration
      Lock icon Euro, Aussie dollar soar to 2003 highs
      318 6  -  Weak US nnmbers likely to follow sharp jump in consumer confidence larry wee THE euro and Australian dollar exploded to 2003 highs against the US and Singapore dollars in Asian trading yesterday all but ignoring April's sharp turnaround in US consumer confidence. The
      Source: Reuters  -  318 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    46 6 UNIT TRUSTS FUNDS LEGE NO Al price* are mdKJ«K*eKepl tar Emfcnggrt Ot««u. Oiinifmt I M——l> fncmed. S Lowir Kilfc. Low to Medwm lb*. »Me*um«o High nek." Higher lb* eopwxndwt Wore ol unrti.#/# After tubdmaori erf unrtv SP after Mock «p»t HA- Won Daahng Day; Roor PnccSiUlS
    46 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      1041 7 Slj Kyosha Holdings (Singapore) Limited (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of Kyosha Holdings (Singapore) Limited (the "Company") will be held at The Executives' Club, 65. Chulia Street, OCBC Centre, #33-01, Singapore *****3 on 23 May 2003 at 3.00 p.m. (or
      1,041 words
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  • SINGAPORE news
    • Article
      Lock icon Another tough year for job seekers
      547 8  -  4,200 people laid off in Q1 while total employment shrank by 9,400 By Anna Teo THE latest labour indicators show no major worsening, thanks perhaps to seasonal factors. But make no mistake 2003 will be another tough year for job seekers and those hoping
      547 words
    • Article
      Lock icon Bank lending rebounds but outlook shaky
      491 8 I =Vd A on the economy banking Reuters SINGAPORE bank lending rebounded in March, supported by the property market, but a downturn in lending to manufacturers and small businesses deepened and analysts said the outlook looked grim. Bank credit to Singapore's non-bank customers rose
      Reuters  -  491 words
    • Article
      Lock icon SGX chief Hsieh to chair SIM council
      188 8 SINGAPORE Exchange chief executive Hsieh Fu Hua has been elected chairman of the governing council of the Singapore Institute of Management (SIM). Mr Hsieh, a council member for the past four years, succeeds Lim Soon Hock, chairman of PLAN-B Technologies. The new governing
      188 words
    • Article
      Lock icon Local biotech firm sells IP rights for US$20m
      361 8  -  Stent-coating intellectual property assets sold to US group By' Tang Weng Fai LOCAL biotech firm. Biosensors International, yesterday said it had sold its intellectual property assets in a key area of drug-coated heart stents to US-based Guidant Corp for US$2O million. And
      361 words
    • Article, Illustration
      Lock icon Pacific Healthcare, Ascendas tie up
      426 8  -  Ascendas to oversee building of projects in S'pore, India By Vince Chong EMERGING medical group Pacific Healthcare (PH) strengthened its overseas expansion blueprint when it inked a memorandum of understanding with business parks specialist Ascendas yesterday to collaborate on Asia-Pacific projects. Under the partnership, Ascendas
      LIANHE ZAOBAO/CHOW PAK WKNG  -  426 words
    • Article
      Lock icon No new Sars cases but 17 suspected
      237 8 NO new probable Sars cases were reported yesterday, although there were 17 suspect patients. The Ministry of Health in its daily update said there was one Sars death of a 25-year-old male foreign nurse from the Orange Valley Nursing Home. This brings the
      237 words
    • NEWS Roundup
      • Article
        Lock icon HB institute elects new leaders
        39 8 THE Singapore Human Resources Institute (SHRI) yesterday elected a new Executive Council lo lead the institute. Tbe council, which has a two-year tenure, comprises professionals from both private and public organisations from various sectors
        39 words
      • Article
        Lock icon War, Sars send S'poreans to the TV
        96 8 SINGAPOREANS have spent more time tuning in to their TVs in recent weeks, with the number of people watching TV also rising, according to media research and analysis firm Nielsen Media Research. According to Nielsen. TV viewing in late March rose to 23.3
        96 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
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      125 words
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      Lock icon Page 8 Advertisements Column 2
      38 8 Captain's Table offers seafood favourites at special prices. Mave "Live" Lobster or "Seafood Treasure" which features goodies likjt conpoy, abalone, shiitake mushrooms and sea cucumber, at 40% off the meun price. Lunch "Dinner daily Jor reservations, ca*****9 22M
      38 words
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      Lock icon Page 8 Advertisements Column 3
      145 8 Indulge in the best of two culinary worlds as we bring you the best of international cuisine. Highlights include Pepper Crabs and Rod Prata from Singapore. Sashimi and Califexnian Hand Rolls from Japan. Fresh Oysters. Soft-shelled Crabs and Braised Oxtail from Europe and lots more Monday to Sunday (except Saturday)
      145 words
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      Lock icon Page 8 Advertisements Column 4
      101 8 THE $50.00 SALE 5 BORDEAUX SUP 1999 GERICOT 37 5 d FOR $50 4 CHARDONNAY CHILE OV 75 d FOR $50 3 MERLOT OR 3 CABERNET SAUVK3NON 75d FOR $50 3 MEDOC OR 3 RHONE GERICOT 75 d FOR $50 2 RNJILLAC OR 2 POMEROL GERICOT 75d FOR $50 1
      101 words
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      Lock icon Page 8 Advertisements Column 5
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      29 words
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  • AFTER iraq
    • Article, Illustration
      Lock icon US has grand plans for M-E
      1137 9 Its 4-pronged policy aims to bring about gradual change via political and economic incentives, backed by leverage of its regional dominance LAT-WP [WASHINGTON] IRAQ was only the beginning. Fresh from a rout of the Middle East's most feared regime, the Bush administration is charting
      LAT-WP; REUTERS  -  1,137 words
    • Article, Illustration
      Lock icon A fund-amental issue for investors
      1203 9 US has triumphed over Iraq, but foreign funds are now moiling over the meaning of its solo run NYT [NEW YORK] The nation's first military foray under its new doctrine of pre-emption ended in victory, but the war and the uncertainty it created still cost
      NYT; REUTERS  -  1,203 words
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  • REGIONAL news
    • NOTE Book
      • Article
        Lock icon Asia bond fund to start with US$2b
        67 10 Reuters [BANGKOK] Thai Prime Minister Thaksin Shinawatra said yesterday a planned regional fund pooling the foreign reserves of Asian countries to buy local bonds would start with US$2 billion. Earlier last month the Thai government said it would contribute US$2OO million to the
        Reuters  -  67 words
      • Article
        Lock icon HK's fiscal deficit at HK$61.7b
        91 10 Reuters [HONG KONG] Hong Kong's fiscal deficit stood at HK$6l.7 billion (Ssl4 billion) in the year ended in March, the government said yesterday. The figure was better than the government's forecast for a shortfall of over HK$7O billion for the full financial year, and compared
        Reuters  -  91 words
      • Article
        Lock icon 5% GDP growth in 2004: Indonesia
        74 10 Bloomberg [JAKARTA] The Indonesian government forecast economic growth of as much as 5 per cent in 2004 as rising exports and domestic consumption fuel expansion in South-east Asia's biggest economy. Inflation is expected to range between 7 per cent and 8 per cent in
        Bloomberg  -  74 words
      • Article
        Lock icon Telkom posts 1.66t rupiah profit in Q1
        83 10 Reuters [JAKARTA] Indonesia's biggest telecommunications operator, PT Telkom, said yesterday its net profit grew in the first quarter, helped by its cellular business. The dominant fixed-line operator, which also owns the country's largest mobile player PT Telkomsel, posted a profit of 1.66 trillion
        Reuters  -  83 words
      • Article, Illustration
        Lock icon Tax breaks for India's banking units
        112 10 Bloomberg [NEW DELHI] India's Finance Minister Jaswant Singh (above) announced tax breaks for overseas subsidiaries of local banks to boost exports. Earnings from overseas branches of the banks will be exempted from taxes for three years, Mr Singh told Parliament's lower house during a
        Bloomberg  -  112 words
      • Article
        Lock icon First Bali bomb suspect charged
        90 10 AFP [DENPASAR, Indonesia] Indonesian prosecutors yesterday formally charged their first suspect in the Bali terror bombings which killed 202 people and said he could face the death penalty if convicted. The trial of Amrozi who allegedly bought chemicals to make the deadly bomb and the
        AFP  -  90 words
      • Article
        Lock icon 655.6m yuan profit for China United
        97 10 Bloomberg [SHANGHAI] China United Telecommunications Corp, which controls the country's No 2 mobile-phone company, posted first-quarter profit of 655.6 million yuan (*****.9 million). The company, which posted quarterly earnings for the first time since it listed in October, didn't give a year-earlier comparison in
        Bloomberg  -  97 words
      • Article
        Lock icon Astra's profit down 24% in Q1
        100 10 Bloomberg {JAKARTA] PT Astra International, Indonesia's largest automaker, said profit in the first quarter fell 24 per cent on lower currency gains and higher operating costs. It earned 842.3 billion rupiah (*****.7 million), or 209 rupiah a share, in the three months ended March,
        Bloomberg  -  100 words
      • Article
        Lock icon Macronix Q1 loss widens to NT$3.21b
        80 10 Bloomberg [HSINCHU, Taiwan] Macronix International Co, Taiwan's largest maker of memory chips for electronic games, said its first-quarter loss widened and the company expects to post a loss of NT$7.B billion (*****.6 million) for this year. Macronix's net loss widened to NT$3.2l billion from
        Bloomberg  -  80 words
    • Article, Illustration
      Lock icon Investors keep vigil as China shuts markets
      570 10 BEIJING Some worry that 7 trading-day closure will affect foreign confidence INVESTORS cautiously approved China's decision to close its market for seven trading days to help stem the spread of Sars but added they were concerned the move could make foreigners reluctant to
      REUTERS  -  570 words
    • Article
      Lock icon M'sian imports, exports expected to contract
      391 10 KUALA LUMPUR S&rs, Iraq war seen hurting export growth in March, but trade surplus expected to rise Reuters Bloomberg MALAYSIA'S exports and imports are expected to show their first drop in 13 months when trade data for March is released tomorrow, according to a
      Reuters; Bloomberg  -  391 words
    • Article
      Lock icon Berjaya tycoon bags his second gambling licence
      365 10 KUALA LUMPUR Tan hopes to revive flagship with mega gaming centre Reuters MALAYSIAN tycoon Vincent Tan will open the country's second largest gaming centre by the second half of this year in a bid to revive his debt-hit flagship Berjaya Group Bhd. Property-to-hotels-to-trading
      Reuters  -  365 words
    • Article
      Lock icon Ibra close to APP deal but more time needed
      261 10 JAKARTA Default situation remains key issue to be resolved Reuters REACHING a multi-billion dollar debt deal involving Asia Pulp Paper (APP) will take more time, an Indonesia Bank Restructuring Agency official said yesterday, the target date for a pact. "We have
      Reuters  -  261 words
    • Article
      Lock icon Fitch sees Sars reducing Asia's GDP by US$30b
      486 11 NEW YORK It revises 2003 growth forecasts for HE, China and S'pore down 1-5-2% Reuters THE fallout from the spread of Sars may shave one percentage point or roughly US$3O billion off Asia's growth this year. Fitch Ratings said on Tuesday, joining
      Reuters  -  486 words
    • Article
      Lock icon UMC's Q1 profit up 87%, strong Q2 growth seen
      134 11 TAIPEI Reuters TAIWAN'S United Microelectronics Corp (UMC), the world's second largest contract microchip maker, said yesterday that its net profits surged 87 per cent from a year ago and gave aggressive forecasts for secondquarter growth. "We are pleased to report that
      Reuters  -  134 words
    • Article
      Lock icon Epidemic brings windfall gains to some Japanese firms
      275 11 TOKYO AFP THE outbreak of Severe Acute Respiratory Syndrome (Sars) has proved a boon for some Japanese companies which have seen stronger overseas demand for instant noodles, thermometers and disinfecting mouthwashes. At Terumo Corp, a major medical equipment maker, orders for clinical
      AFP  -  275 words
    • Article, Illustration
      Lock icon Outbreak may hurt chip sales: Intel
      236 11 Goldman Sachs trims 2003 PC sales forecast due to lower Asian demand Bloomberg [SAO PAULO) Intel Corp's chief executive officer Craig Barrett says the outbreak of Sars in Asia may hurt semiconductor sales if the disease is not contained soon. "Asia is one of
      Bloomberg; FILE PHOTO  -  236 words
    • Article
      Lock icon Moody's sees slight impact on Asian banks
      378 11 SINGAPORE US recovery also crucial in how banks fare AFP THE Sars epidemic is likely to have only a transient impact on the banking systems of Greater China and Singapore unless the situation deteriorates sharply. Moody's Investors Service said yesterday. The global credit
      AFP  -  378 words
    • Article
      Lock icon India aims to become world's back office
      666 12 GURGAON, India Int'l firms cnt costs by tapping India's pool of computer literate grads Reuters IF China is the workshop of the world, then India is becoming the global back office. From British companies opening call centres to US banks setting up num-ber-crunching
      Reuters  -  666 words
    • Article, Illustration
      Lock icon HK media boss to shake up Taiwan
      609 12 Jimmy Lai's new paper called Apple Daily will hit Taipei newsstands tomorrow AP [TAIPEI] WEARING faded jeans, a dark shirt with rolled-up sleeves and white Adidas basketball shoes, Jimmy Lai looks more like a taxi driver than a media mogul who's getting ready
      AP  -  609 words
    • Article
      Lock icon Asian fund managers under pressure after poor Q1
      387 12  -  From! Neil Behrmann in London INTERNATIONAL Asian specialist mutual funds performed poorly in the first quarter and mainly in March because of market volatility at the time of the Iraq war and the Sars virus. The latest report of RCP Partners, a
      387 words
  • Article, Illustration
    Lock icon FINANCE
    1065 10 Transaction date: Apr 30 Mares Marts >1 »r. 9at 1 3»«. Long >3 fs ntTERBAMK CROSS RATES AS C$ W tw Mh NpMi Yw Woa B Wb ha SS UN Sir ITTS Bafct Hmt VSS Australia 0.898 5.179 0.561 4.867 29.552 54.105 0.745 7584 2J71 UK 36.093 32.713 1100
    1,065 words
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  • Article
    Lock icon COMMODITIES
    1590 11 8IC0M WITUMBB Apr 30 RUBBER Futures (Closing priccs) RSS1(S cents/kg) Close Volume Open Montl> High Low Sett (tonnes) Interest May 03 174.75 Jun 03 ***** Jul 03 163.50 Aug 03 163JO RSS 3 (US cents/kg) Volume Ope* Month High Low Sett (tonnes) Interest May 03 1 1 1 650
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  • WORLD news
    • Article
      Lock icon Bush hands out road map to Palestinian state by 2005
      585 13 WASHINGTON Plan comes amid chaos of bombing; militant group rejects proposal Reuters AP PRESIDENT George W Bush plunged into Middle East peacemaking yesterday by directing release of a "roadmap" to a Palestinian state by 2005, as he tries to quell
      Reuters; AP  -  585 words
    • Article
      Lock icon Output shrinks further in US Midwest hub
      317 13 CHICAGO New orders, employment drop in Chicago area Bloomberg MANUFACTURING in the Chicago area contracted in April for a second straight month as new orders and employment slid, a survey of purchasing executives found. The National Association of Purchasing Manage-ment-Chicago said its factory
      Bloomberg  -  317 words
    • WORLD Watch
      • Article
        Lock icon Virgin Atlantic sees 2003 profit
        74 13 Reuters [LONDON] Richard Branson, chairman of Virgin Atlantic, expects the airline to make a profit this year despite financial turbulence in the rest of the sector. Mr Branson yesterday said his airline was in a far stronger position than US rivals grappling with Chapter 11
        Reuters  -  74 words
      • Article
        Lock icon ImClone heads quit amid probe
        64 13 Reuters [NEW YORK] ImClone Systems said on Tuesday its chief executive Harlan Waksal and its chairman Robert Goldhammer, resigned in connection with a federal tax probe. The company announced earlier this month that securities regulators were investigating why it failed to pay taxes on stock
        Reuters  -  64 words
      • Article
        Lock icon Calpers to adjust fond managers' pay
        100 13 Bloomberg [SACRAMENTO, California] The California Public Employees' Retirement System (Calpers) has eight months to save the salaries of 30 managers after a court ruled they were paid too much. The pension fund had classified the managers as exempt from civil service rules so they
        Bloomberg  -  100 words
      • Article
        Lock icon MasterCard in US$1b settlement
        69 13 Bloomberg [NEW YORK] MasterCard International, the world's second-largest credit-card company by purchase volume, settled an antitrust suit over debit-card practices for US$l billion, a change in MasterCard's rules and a cut in transaction fees, people familiar with the case said. Terms of the agreement were not
        Bloomberg  -  69 words
      • Article
        Lock icon IMF chief economist to leave
        75 13 AFP [WASHINGTON] International Monetary Fund chief economist Kenneth Rogoff said on Tuesday he would leave the IMF later this year. "For reasons having largely to do with a desire to devote more of my time to research and teaching, I have decided to return to
        AFP  -  75 words
    • Article, Illustration
      Lock icon BOJ's surprise monetary easing boosts stocks
      421 13 TOKYO Central bank acts to increase liquidity amid govt pressure Reuters AFP THE Bank of Japan (BoJ) caught markets off-guard yesterday by easing monetary policy to boost weak share prices and deciding to help government efforts to clean up massive bad loans at banks.
      Reuters; AFP; Source: Bloomberg  -  421 words
    • Article
      Lock icon Drug firm Pan blames rogue lab analyst for its woes
      341 13 CANBERRA Reuters A DRUG firm at the centre of the largest medical recall in Australian history blamed a rogue laboratory analyst on Wednesday for its troubles, which have caused national confusion about which over-the-count-er drugs are safe. Retailers have cleared
      Reuters  -  341 words
    • Article, Illustration
      Lock icon Robbie wuz here
      53 13 [LONDON] Looking for some sexy beachwear with pop pedigree? How about former Spice Girl Geri Halliwell's bikini, which she wore when dating bad boy Robbie Williams in the heady summer of2ooo. The pop memorabilia sale of the year took place yesterday, featuring over 200 musical—and some not
      AFT  -  53 words
    • Article
      Lock icon Wall St settlement still leaves many issues unresolved
      559 15 WASHINGTON They include how to distribute USsl.4b payout, how to stop abuses recurring LAT-WP GOVERNMENT regulators in the United States said the settlement they reached this week with 10 top Wall Street firms will end unfair practices that have cost individual investors
      LAT-WP  -  559 words
    • Article, Illustration
      Lock icon Prominent Aussie broker guilty of insider trading
      228 15 SYDNEY AFP RENE Rivkin, Australia's highest-profile stockbroker, was found guilty of insider trading yesterday over the purchase of 50,000 shares in Qantas Airways Ltd. A jury in the New South Wales Supreme Court handed down its verdict after two days of deliberations. Rivkin,
      AFP; SYDNEY MORNING HERALD  -  228 words
  • Page 13 Advertisements
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      959 13 KfA Kyosha Holdings (Singapore) Limited (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the annual general meeting of Kyosha Holdings (Singapore) Limited will be held at The Executives' Club, 65, Chulia Street, OCBC Centre. #33-01, Singapore *****3 on Friday, May 23, 2003 at 2:30 p.m. to transact
      959 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      317 13 CRYPTIC CROSSWORD ACROSS 1 Bureaucrats offer courteous H I B I B I S I B I 15 I assistance (5,7) 9 Hounds crazy assailant (9) 10 Native American loses asp*- ration quickly (5) 1 Gruff man carrying paddles flfl|H |H H| 12 Always in favour of strong j j
      317 words
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  • FOCUS msci
    • Article
      Lock icon MSCI drops 3 stocks, adds ComfortDelgro
      560 14  -  GES, HPL and GuocoL&nd will be deleted from the S'pore Free Index By' Wong Wei Kong TRANSPORT operator ComfortDelgro will be added to the Morgan Stanley Capital International (MSCI) Singapore Free Index a move widely anticipated by the market. But three stocks GES, GuocoLand
      560 words
    • Article
      Lock icon Car group DRB-Hicom to go on MSCI
      152 14 Bloomberg [KUALA LUMPUR] DRB-Hicom, a Malaysian auto group which sells cars for Honda Motor, will be added to Morgan Stanley Capital International's (MSCI) indexes of global stocks. Shares of DRB-Hicom Bhd rose 3 sen, or 1.6 percent, to RM1.86 yesterday. Three other Malaysian
      Bloomberg  -  152 words
    • Article, Illustration
      Lock icon 199 stocks added, 132 deleted worldwide
      665 14 Asia has the most deletions; some fond outflows expected Reuters Bloomberg [SYDNEY] Morgan Stanley Capital International (MSCI), the global share indices compiler, on Tuesday rejigged its series of benchmarks, adding 199 securities and deleting 132 stocks worldwide. The changes are effective from May 31.
      Reuters; Bloomberg; REUTERS  -  665 words
  • Article
    Lock icon KLSE
    5 14 Transaction date: Apr 30
    5 words
  • Article
    Lock icon SGX
    800 14 Transaction date: Apr 30 Sxt —a m Oam On Urtt—■ t Oaaa Q—j» «lmn 50c 0.40 0405 HatStaai 50c 0.59 2 390 -0 020 CK 0.53 4.120 *0.120 OC»C 917 9490 -0.100 Capit*and 14T7 1 030 -0410 OUf 0 53 $.700 *0.100 Chart SwmCond 26c 042 0490 -0025 Parkway
    800 words
  • Article
    Lock icon BONDS & WARRANTS
    518 14 BONDS WARRANTS Entry Lact Vol Con* Ex* Mk Go* MUm C—MT W« «ar- f»0) tatto Price If Loft AST) W*****1 175 1 16 205 063 14 AcmaLtdW*****6 15 1 50 836 3.67 19 Amtek W*****0 52.5 2.5 5 1 33 1.63 26 Armstrong iM)***** 05 1 10 62 13.00 13
    518 words
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  • Article
    Lock icon SGX MAINBOARD
    6 15 Transaction date: Apr 30
    6 words
  • Article
    Lock icon SGX XTRANET
    62 15 U-Wk Last Vol Day LactQvota GrO» Dw GftM MM MCw Hi* Law Ciwpini 4*t *4- r000 L— «f Cm M jmj ***** W Oamondk US8780 4610 2700 ISOJUSTccti U***** 555 555 IS MSG Spcy* US555 106« 8200 I55APSOO US8270 ***** S2M 5TORS USR280 1755 1210 STIETT100 1306 14
    62 words
  • Article
    Lock icon SGX SESDAQ
    1470 15 U« Last Vol Day LaMQuM* (Mi* Dn GrYM Md MCm U» Ciwpii) Sale W- nt W» Lmm 8r» Whr Cur HI fcj 22 7.5 ABRMIdgsSc 55 9 IU 24 15 AP »l St 19cd 55 2} 19 19 19 195 27 25 7.1 7 1t7 52 5 10
    1,470 words
  • Article
    Lock icon CLOB INTERNATIONAL
    335 15 U* List M Day fcOto Dhr GrYW MM UCa L—r Ciwpwy Sdt ♦<- (***** M0i I—> M" Cw K 119 81 AVJenmnav A25< A117 506 119 117 116 117 40 3.4 8.5 68 251J Cathay Pac 20c HK720 265 2.1 74 6 *****2 Cheung Kong50c HK17S0 240 63
    335 words
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  • BizIT
    • Article, Illustration
      Lock icon Sars hits infocomm forecasts
      740 16  -  Gartner, IDC cutting 2003 expectations as fears weaken business confidence. Amlt Roy Choudtaury reports Amit Roy Choudhury BUSINESS confidence has turned out to be the biggest victim of the severe acute respiratory syndrome (Sars) as far as Singapore's infocomm industry is concerned, according to IT research
      FILE PHOTO  -  740 words
    • Article, Illustration
      Lock icon Lowdown on S'pore's patent litigation
      722 16  -  11 i comment INFOTECH First-to-tlle regime helps keep litigation rate low but high costs Is key factor tang weng fai IN Singapore, the first person or company to successfully file a patent for an invention has claim to it, regardless of who first invents it.
      722 words
    • Article
      Lock icon China's chip market grows 38% to US$17b in 2002
      174 16 Bloomberg [TAIPEI] China's semiconductor market, the world's third largest, grew by 38 per cent to US$l7 billion last year, according to market researcher Gartner. Intel Corp, the world's largest chipmaker, held on to its No 1 share of the market in
      Bloomberg  -  174 words
    • Article
      Lock icon Electronics manufacturers feel the heat
      544 16 Poor results seen in June quarter for contract manufacturers Reuters [SAN FRANCISCO] Electronics manufacturers, already reeling from low margins and fierce competition, now must contend with the Sars outbreak, which analysts said could dent business in Asia this quarter. Contract manufacturers that recently reported quarterly
      Reuters  -  544 words
    • Article
      Lock icon Music swappers face legal penalties: record labels
      398 16 Bloomberg [WASHINGTON] Record companies began sending users of online music-swap-ping systems instant Internet messages telling them that they can be identified and could face "legal penalties" for breaking copyright laws. The record studios are giving the warnings directly to consumers only four days
      Bloomberg  -  398 words
    • Article
      Lock icon America Online ad chief quits after a year
      371 16 Bloomberg [NEW YORKJ AOL Time Warner Inc's America Online, the world's biggest Internet service, said advertising chief Robert Sherman resigned after a year with the unit, where ad sales are forecast to fall as much as 45 per cent. America Online said
      Bloomberg  -  371 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      266 17 Reuters THE Baltic Dry Index rose 6 points to 2139, the Baltic Capes ize Index rose 5 points to 2795, the Baltic Panamax Index rose 13 points to 2141 and the Baltic Handymax Index fell 1 point to *****. TTME-CHAiTERi Good Luck (built 1984) *****8 dwt delivery retro
      Reuters  -  266 words
    • Article
      Lock icon MARITIME STOCKS
      274 17 sex 'ooo Mr 38 a w CWT Distribution 0.57 unch 18 ChuanHup 0.39 0.01 609 CH Off short 0.19 unch #3 Cosco Investment 0.21 unch 1006 Freight Links 0.03 unch 50 GBHoidngs 0.58 unch 0 Jaya Holdings 0.33 0.01 1775 Keppal Corp 4.46 -0.16 7504 K1 Vtnturt 0.16
      274 words
    • Article, Illustration
      Lock icon Tanker rates to set final cash price
      696 17  -  MOL SALE OF AET Performance payont may add up to USsB6m depending on rates over next 2 years By Donald Urquhart [SINGAPORE] The sale of Neptune Orient Lines' (NOL) tanker division on Monday was heralded on first sight as a good one for
      FILE PHOTO  -  696 words
    • Article, Illustration
      Lock icon Sydney stop for SuperStar Leo
      63 17 [SYDNEY] SuperStar Leo, the largest cruise ship to visit Sydney, makes its way past the Sydney Opera House during its early morning arrival yesterday. The 76,800-ton SuperStar Leo is 268 metres long, has a total of 13 decks, accommodates 2,ooopassengers, I,ooocrew and is Asia Pacific's
      AFP  -  63 words
    • Article
      Lock icon Tougher steps to fight Sars at sea-entry points
      286 17 100% temperature checks introduced; screening extended to paflftpnffir ships [SINGAPORE] The nation's seven sea-entry points introduced 100 per cent temperature checks from Tuesday for all departing and arriving passengers, in the continuing battle to contain the Severe Acute Respiratory Syndrome (Sars) virus.
      286 words
    • Article
      Lock icon Oil tanker hit off India
      143 17 Xinhua [NEW DELHI] A fully loaded oil tanker was hit by a fishing trawlers about 10 nautical miles off India's west coast early on Tuesday, causing oil spillage after one of the storage tanks was damaged. The tanker, B R Ambedkar, which had arrived from
      Xinhua  -  143 words
    • Article
      Lock icon Evergreen bounces back into fie black in first quarter
      387 17 Reuters [TAIPEI] Taiwan's Evergreen Marine Corp, the world's third-largest shipping line, swung into a profit in the first quarter, underlining the sector's continuing recovery from 2001, the worst year in decades for shipping companies. The company posted a net profit of
      Reuters  -  387 words
    • Article, Illustration
      Lock icon Warning against rush for double-hull bulk carriers
      799 18  -  NEWBUILDS By David Hughes IT has been a busy fortnight in the newbuilding sector with some very substantial contracts signed. As can be seen in the orders list, most newbuildings are for 2005 or 2006 delivery with the few remaining 2004 slots, at
      FILE PHOTO  -  799 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      3 18
      3 words
    • Article
      Lock icon SHIPPING GUIDE
      3 22 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        531 23 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BTJREXPRES *****3 J1 A/SIDE 01/05 0600 EMPRESS LILY 0303 J16 A/SIDE 01/05 1400 GREATBLOSSOM V.545 J15/16 A/SIDE 01/05 0300 ORIENT BRAVE 35 J5 A/SIDE 01/05 1500 SUNARTI2 S201A J2 A/SIDE 01/05 0300 UNGGULJAYA 04A/03J J3 A/SIDE 01/05 0600 ZIM
        531 words
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        Lock icon CONTAINER SCHEDULES
        2 23
        2 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        139 23 Mayl Brazil: Labour Day China: Labour Day Hong Kong: Labour Day Malaysia: Labour Day Philippines: Labour Day Singapore: Labour Day Thailand: Labour Day France: Labour Day Germany: May Day Italy: Labour Day Austria: Public Holiday Belarus: Labour Day Belgium: Labour Day Bulgaria: Labour Day Croatia: May Day Cyprus:
        139 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        801 23 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        801 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        487 23 Carta* 180 Mu 1005.1 0.7 15.2 0.08 144 0.03 Apr 24 Dfustty Wat«r M*t AshAto«tato« Sediment do above E25 3 0 3 0 2 0 1 380 Aw 963.7 0J 13.9 0.04 19 0.02 Un. 380 Mai 991.1 15 18.9 0.08 46 0.06 WW iH Wo
        487 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Qantas expects services to return to normal in a year
        547 24  -  Aussie carrier chief gives top marks to Changi Airport for its anti-Sars measures By George Joseph [SINGAPORE] Qantas Airways chief Geoff Dixon is confident that with all the measures taken against the Sars outbreak, he expects the carrier to return
        AFP  -  547 words
      • Article, Illustration
        Lock icon Branson urges BA to rethink bid for Concorde
        420 24 Reuters [LONDON] British Airways has told a music star he might be able to buy a Concorde, the Virgin Group's founder said on Tuesday, as he urged BA to reconsider his own bid for the supersonic planes. British Airways and Air France
        Reuters; AFP FILE PHOTO  -  420 words
      • Article
        Lock icon No special treatment for Swiss: banks
        218 24 Reuters [ZURICH] A cry for help from loss-making Swiss International Air Lines appeared to fall on deaf ears as creditor banks ÜBS and Credit Suisse ruled out special treatment for the carrier. Swiss has appealed for outside help as it battles the economic impact
        Reuters  -  218 words
      • Article
        Lock icon 2003 profit will increase: Fraport
        381 24 Rise in cargo traffic set to boost earnings; dividend may be restored this year Bloomberg [FRANKFURT] Fraport AG, the owner of Frankfurt Airport, said that 2003 profit will rise as an increase in cargo traffic more than offsets a decline in passenger count caused by
        Bloomberg  -  381 words
      • Article
        Lock icon China Eastern Air posts Q1 loss, scraps dividend
        569 24 Analysts say the carrier may end HI in the red as Sars impact deepens Bloomberg [SHANGHAI] China Eastern Airlines, the nation's third-biggest carrier, sank into the red in the first quarter as the war in Iraq dirove up fuel prices. The company
        Bloomberg  -  569 words
      • LOG Book
        • Article
          Lock icon Lufthansa grounds 15 planes
          76 24 Reuters [FRANKFURT] Lufthansa said it was grounding 15 more planes and reducing work hours for ground staff to battle the sharp decline in air travel hitting airlines worldwide. Europe's third largest airline by passengers said demand on Asian routes was down by as much as 85
          Reuters  -  76 words
        • Article
          Lock icon MAS gets more seats to Australia
          103 24 Bernama [PUTRAJAYA] Malaysia Airlines (MAS) gets additional 3,000 seats to Australia per week to four destinations Perth, Sydney, Melbourne and Brisbane, bringing the total number of seats from 12,000 to 15,000 per week. This is effective immediately, Transport Minister Ling Liong Sik, said yesterday.
          Bernama  -  103 words
      • Article
        Lock icon Emirates seeks more Aussie flights
        134 24 AFP [SYDNEY] Dubai-based carrier Emirates is to press the Australian government to allow an expansion of services between Dubai and Australia, airline officials said yesterday. The move comes as Emirates experiences increased business on its non-stop Perth to Dubai services as passengers seek to avoid
        AFP  -  134 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        395 24 AIRLMECOOES AA Anenan Arms (AAL) Af V France iAERi A) V tnda (AK) AY Ftmar Oy (Ftl). AZ AMaAa Arms (AZAI BA Bnish Ainays Pubtc LMI Co (BAW) BG ftw Si yMe-r" Arms (BSC) Soy* Brum Artnes Sdn Bhtl fftßA) BO BouraqArkm (BOU) BR EVA Ameays
        395 words
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      656 18 IMPORT NORTH AMERICA |l AUSTRALIA/NEW ZEALAND I SUPER SHUTTLE EXPRESS (SSX) I AUSTRALIA ASIA EXPRESS (AAX) vpsn »0T Ml ~ST"T WW ypsa vot m stp m am wt f"»Tl rtc OOCI WTHERUNDS 44W1S 17/04 05/0S 07/05 AM AIOANT 17M 27/04 71/04 01/ OS 03/0S 07/0$ 17/ OS 14/ OS OOCIOMA
      656 words
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      Lock icon Page 18 Advertisements Column 2
      431 18 Lines services represented by Members of Registry of Accredited Shipping Agents, Singapore Shipping Association Members of ibe Singapore Logistics Association gjj ULY UNE MALE f fIESSft VOT ETA EU ETA A P. KLAHG SfOtE KAU Maid Corrier 738 A 03/05 05/05 14/05 Princess Lity 0403 14/05 16/05 25/05 Mold Star
      431 words
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      1054 19 TO USA (SAX SERVICE) VtSSft VOT SIM ETA LAX OAK DAI HOU CH COL MM AH NYC AftENOUNO 1181 07/05 22/05 26/05 27/05 27/05 27/05 27/05 27/05 30/05 30/05 Ail CANADA 1131 14/05 29/05 02/06 03/06 03/06 03/0* 03/06 03/0* 04/00 00/00 ATI SCOTLAND 1171 21/05 05/06 09/06 10/06 10/06
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      932 19 COLOMBO 4 DAYS wtut uamai matron m mmhon n ih-m um/Kts til mmmsz/u ml mmsmi/n I M»sm "Smjvw BANDAR ABBAS -12 DAYS T Vw DIP M79M7) 6731)316 46 I jomtsoma: coHvnmoiui Mitsui trnnn I aura temaK mm mm wlo7-3smi7o INTRODUCING:APPITIONAL SERVICE TO REP SEA EVERY TUESDAY THURSDAY WILL BE TWICE
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      Lock icon Page 19 Advertisements Column 3
      552 19 vEssa voy aw skg jct HMSAWUM WOtS IZ/S 17/5 »/S 13/S IS/5 17/5| QWIAIHUM 77K ~l7r~ 4/5 7/5 GAXUIHUM »71 110/5 »W"ls7rio7r 22/5 ~24/T OtARAiHUM 273S 10/S 13/S 14/5 AMAH IHUM Bit 117/5 172/5 23/5 21/5 30/5 1/4~1 [QUIIAIHUM 274S 17/5 20/5 21/5 'MS-MMiIMh vtssa wy_ pig siw kg sha
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      981 20 HMNG& HYUNDAI MERCHANT MARINE CO., LTD. Hißlpni: wwwA—2l.w a *0. IMtWHMM |VBsa VOT SM SOU I W AM HAM IMV I IYKSa VOT I SOU I IB I IB I Iff IHM I W TT* api pearl mw oi/os io/os 20/05 21/ os KTumrn 3i« m/m «/*4 *4/04 **/04 »/04
      981 words
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      529 20 Xv\\ WAN HAI LINES I V TEU *****588 FAX: *****163 INTRODUCINC:- NEW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN CALLING SIN EVERY THURSDAY TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* For mora details, call HOTLINE: *****588/1800-*****00 HHI www m m m u> Jakarta ASU EXPtfSS lIU
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      Lock icon Page 20 Advertisements Column 3
      668 20 BSA x MYANMA ■B FIVE STAR LINE (IjfMMr Natipaal Um) rasa vot sm m m ku PAGAN JOtW SU NPA-A* 307W Sl» M OALAYSIA: IOUSTUD SHIFTING AGCRCKS KIIL 03-*****300 MO: 01-317*4101 PCM: 04-*****01 BANK LINE (A tmrkt A«4r.w W* SN,,-,) I I northbound to eurore V COKIAJMR, ROBO, BUI L
      668 words
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      1019 21 IVtSStL VOY KHH HKO «N HO. PXB NAB DM* BM MAN KERMAN PCL 309 ***** 30/04 03/03 04/05 11/03 12/03 19/03 21/03 KAN ISFAHAN Pa 310 06/03 07/03 10/03 11/03 IS/03 19/03 34/03 26/03 IRAN SATTARI PCI 311 SKIP SKIP 17/03 It/OS 23/03 26/03 03/06 03/06 MAN HORMOZGAN Pa 312
      1,019 words
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      Lock icon Page 21 Advertisements Column 2
      496 21 1 R?| k UK CONTINENT SERVICE Loadng for NURTEN ANA ROM/ATW/BMNAJK/NANTES FLORES RDM/ATWAJK/NAN SMART ROM/ATW/BMN/UK/NAN toad* Singapore. E7W Malayan. Indonesia MIDDLE-EAST SERVICE Loading for P LAMER AON/HDO/J DH/AQA BRAVE JOHN JOH/AQA PRABHU DAY A DBI/ABU/DOH/BRN/DMM/KWT PACIFIC SUN II J DH/AQA NEW BARONESS DBI/ABU/DOH/BRN/DMM/KWT IRINI DBI/ABU/DOH/BRN/DMM/KWT Toads E7W M^aysta. USA SERVICE
      496 words
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      Lock icon Page 21 Advertisements Column 3
      909 21 zm 01/85 07/95 rum n* oi/is urn— j£Mm am mi um jmjkh u»__zS^Sz:zS^zz MCBAMDA BOOBN 04/>5 15/05 JMMU Z24Q M/M u/5~ JKOm Win o*/os o*/os ncmKUH rm 12/ os u/ts es4» m/ti w/ts nc UMA W43* Q4/Q5 M, OS II UN 111 ll'l f*( lAMB* 0044N 19/1f lf/lj VBSB VOT
      909 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      126 23 FOR 7AM 1 May 2003 f W IBMBMBBIBIBBIBBBIIBIBBBBIIIBBBBIBIMBBBB Issued by Meteorological Service Division,NEA LEGEND: I < Thunderstorm Wind speed symbols Showers Fu circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots
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