The Business Times, 10 March 2004

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Total Pages: 28
1 28 The Business Times
  • 15 1 MITA (P) 023/03/2004 854 THE BUSINESS TIMES SING APORE terne-: http://business-times.asial.com.sg WEDNESDAY, MARCH 10, 2004
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  • 685 1  -  BT exclusive Their audit experience a big asset in helping Chinese firms list By Joyce Koh [SINGAPORE] Accountants are abandoning their cushy jobs at leading Singapore firms for top posts in IPO hopefuls that have jumped on the bandwagon headed
    685 words
  • 679 1  -  S'pore keen to be test-bed for new technologies By Raju Chellam [SINGAPORE] American multinational HewlettPackard will collaborate with the Infocomm Development Authority on some of the newest high-end information technologies such as grid and utility computing. IDA, in turn, said it is discussing with
    CHRIS LOH  -  679 words
  • 79 1 Dsn 1,1—.20 (-3.15) ST INDEX FUTURES M 57.00 (-600) El SljS (-0.56) H SMSd FUTURES Hi 227.00 (unch) Tuesday Change KLSE COMP ***** +2.11 NIKKEI 225 *****.04 +29.18 HANG SENG 1.1,197.25 -***** SET INDEX 710.66 +610 JAKARTA COMP 771.08 -1.79 MANILA COMP _1.455.75 -13.01 TAIPEI WP1 *****0 +72.42 SEOCLCOMP
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  • 74 1 POREX RATES US$ S$ US$ (S$ per US$) 1.703 £(l'S$/SS per 1.854 3.157 EURO(US$/S$/E). 1143 1116 YEN 1111 65.30 RM 3 m 2132 HKS 7.792 4.577 BAHT 39.33 23.10 RIPIAH 8.552 5.023 RENMINBI 8198 4.874 INDIAN RITEE... 4512 26.56 AS 1509 0.769 NZS 1.466 0.861 PRIME RATES SINGAPORE 5.25
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  • 473 1  -  Analysts dismiss speculation that Temasek was eyeing Proton stake From Eddie Toh in Kuala Lumpur JAPANESE giant Mitsubishi Motors has severed its umbilical cord with Malaysia's national carmaker Perusahaan Otomobil Nasional (Proton), ending a partnership that lasted two decades. Mitsubishi, which is 37 per cent
    473 words
  • Page 1 Advertisements
    • 125 1 y qlashCtte Vsa The Lange Datograph. This unmatched technical masterpiece "Made in Germany" is a new Lange milestone in the realm of superb mechanical watches. m For the first time in the history I 1 a manufactory has I flf classical chronograph with a flyback feature, ft M a precisely
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    • 31 1 Not happy with investment you bought? If you feel you have been mis-sold a product before the Financial Advisers Act came into effect, what recourse do you have? Hill 8 "sszisr'sooocK
      31 words

  • NEXT page
    • 834 2  -  YESTERDAY IN PARLIAMENT S'pore needs only to think out of the box, urges MP Wang Kai Yuen. Chuang Peck Ming reports on his suggestions Chuang Peck Ming WANG Kai Yuen (Bukit T i m a h seemed to be getting ahead of the debate yesterday in
      834 words
    • 779 2 But they glossed over it instead of informing investors NYT [WASHINGTON] The new head of the Royal/Dutch Shell Group and its current chief financial officer, as well as the chairman ousted last week, were advised of huge shortfalls in
      NYT; AFP  -  779 words
    • 60 2 IN yesterday's report "Don't lose cost-cutting momentum: MP", we misquoted Nominated MP Fang Ai Lian as saying that the Budget left doubt about the government's serious intent to keep Singapore business competitive. What Ms Fang said was that the Budget left no doubt about the government's serious intent to
      60 words
    • 337 2 2003 enrolment rises 11%, but number of S'pore students dips [SYDNEY] Despite the strong Australian dollar, Asian students, especially from China, continued to flock Down Under last year, reported the Australian Financial Review last Friday, with Indians showing the biggest enrolment increase.
      337 words
  • Page 2 Advertisements
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    • 20 2 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Q Call 1800 289 8822 or email notices@sph.com.sg. liUlltLj
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  • SINGAPORE companies
  • Page 3 Advertisements
    • 233 3 on a plan you Guaranteed GROWTH of 3.6%* p.a. IBenefit today from UOB Life Guaranteed Rewards Plan, an Investment that guarantees Jm a higher return than a fixed deposit. Evan batter, you'll aleo enjoy aome measure of life "-*•—protection and returns that are tax-free. Get theae and more with a
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  • Page 4 Advertisements
    • 408 4 *ssvf I Corporation H SNF Corporation Ltd. I (Incorporated in Singapore on 6 February 2003) H INITIAL PUBLIC OFFERING I INVITATION IN RESPECT OF 23,000,000 NEW SHARES OF 550.05 EACH I COMPRISING:- I (1) 3,000,000 OFFER SHARES AT 550.32 EACH BY WAY OF PUBLIC OFFER; AND I (2) 20,000,000 PLACEMENT
      408 words

  • Page 5 Advertisements
    • 231 5 as »«^»v ft v ?£»3BffaMßLf rr»^' Biackßerry® 7230 AB wireless StorHub Biackßerry®from Star Hub, the secure wireless solution for corporate email and data. Out and about, but not sure whafs going on in the office? Biackßerry lets your corporate email follow you anywhere, instantly and easily. Whafs more, our extensive
      231 words

  • SINGAPORE markets
    • Article, Illustration
      552 6  -  Compiled by VEN SREENIVASAN DBS Group March 9 doling $14.30 UNDER a proposed merger plan, Thai Military Bank (TMB) will make two separate tender offers for the outstanding stakes of DBS Thai Danu Bank (DTDB) and Industrial Finance Corp of Thailand (IFCT). The tender offer for DTDB is
      Source: Bloomberg  -  552 words
    • 397 6  -  CHART POINT By K Ajith, Lim Say Boon "SO, is the market correction over?" a stock trader asked yesterday. When told that the market had yet to even start correcting, he exclaimed that the market was already oversold. The lesson here is that how
      Source: Bloomberg  -  397 words
    • 868 6  -  A longer view CURRENCIES larry wee THE US dollar stalled yesterday after its impressive rebound in the past week. But it may be a little premature to say that it has resumed the big-picture downtrend that many expect in 2004. Some diehard US-dollar bears may,
      868 words
    • 540 6  -  BT comment STOCKS r. sivanithy AT the risk of over-simplifying what is essentially something extremely complex, you would have to say that so far in 2004, things are still going pretty much according to script. The momentum of 2003's equities recovery carried
      540 words
    • TRADES TO WATCH
      • 77 6 THE chairman and chief executive officer of Excelpoint Technology, Albert Phuay (right), yesterday boosted his deemed stake in the company to 2.58 per cent from 2.5 per cent after his vehicle, AP2I Holdings, bought 400,000 shares from the open market at around 31.9 cents apiece. Mr
        77 words
      • 72 6 THE chief operating officer of electrical switchgear manufacturer SMB United, Goh Ban Kin, on March 8 bought 500,000 shares from the open market at 22 cents apiece. This boosted his direct stake in the company to 10.03 per cent, or 46.1 million shares, from 9.92
        72 words
      • 78 6 US investment advisory firm Third Avenue Management LLC has become a substantial shareholder of corporate secretarial services firm Boardroom Limited, following a purchase of 302,000 shares at 48 cents each on Feb 23 by its Third Avenue Trust. The purchase, which was for investment purposes,
        78 words
      • 53 6  -  Compiled by SERENA NG A SUBSTANTIAL shareholder of KLW Holdings, Tay Yong Hua, yesterday cut his stake in the furniture retailing and trading firm to 4.16 per cent from 5.08 per cent, following an open market sale of 2 million shares. KLW shares yesterday ended unchanged
        53 words
    • Article, Illustration
      411 6 OTHER SINGAPORE INDICES Mar 9 VALUE CLOSE -487.00 +166.00 BTCADI -*****.00 -24.00 BT 10-day MA -*****.00 -49.00 AB-SGEquitiM507.60 -0.33 SGEquiti«Ehct 181.26 -3.63 SG Equities Fin 1534.86 -0.14 SG Equites Prop 462.88 -0.81 SHISq 227.80 -0.56 SiMSCI Futures 227.60 unch Stock* Volume UniRber 10c 51.904.000 Bio-Treat HK40c 31.078.000 SingTel 15c 26,846,000
      411 words

  • EXECUTIVE money
    • 903 7  -  If you don't have hard evidence to back your case, you may be better off negotiating with the bank for compensation, writes Genevieve Cua Genevieve Cua IF you feel you were mis-sold a financial product in the murky days before the Financial Advisers Act (FAA)
      903 words
    • 630 7  -  Two key players depart but firm says it's not a one-personality show, team is stable By Genevieve Cua THE departure of two top investment professionals at DBS Asset Management (DBSAM) raises an all-important but discomfiting question for investors: What should you do if your fund
      FILE PHOTOS  -  630 words
  • Page 7 Advertisements
    • 170 7 From *****.000 with COE* Because you get just one chance to make the first impression. The latest X-TYPE impresses with its enhanced appearance and new levels of luxury, comfort and performance. Now having it all can be so effortless. Test drive the X-TYPE today. And say goodbye to anonymity. Redesigned
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  • Page 8 Advertisements
    • 198 8 To our partners in motoring excellence. Premium Automobiles thanks you *^^00 for supporting the launch of our new Premium Automobiles Audi Centre. J\udl Podium Sponsor V cTTV SING INVESTMENTS 8c FINANCE LIMITED Supporting Sponsors ADM AftJDn GFSI MM KPKOH A PARTNERS PTE LTD ABNAMRO *JJ DBS BANK p SptcMHa HONG
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    • 1620 8 <<<': v.% 1(1»')|i*)lW IN THE HIGH COURT OF THE REPUBLIC Of SINGAPORE Originating Summons No. 1545 of 2003/H IN THE MATTER OF PART Vn OF THE COMPANIES ACT, CHAPTER SO (1994 REVISED EDITION) Aml IN THE MATTER OF ECON INTERNATIONAL LIMITED (RC No. I*****983H) NOTICE OF MEETING TO CONSIDER PROPOSED
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    • 215 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND AFT REALTY PTE LTD (In Meiribers'Vakintary Winding Up) NOTICE OF FIN Al MFFTINP. NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. SO that a Final Meeting of the Members of the abovenamed Company will be
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  • SINGAPORE news
    • 456 9  -  EYE on the economy jobs Proportion of graduates employed foil-time or part-time up 13% By Teh Shi Ning EMPLOYMENT prospects are up for fresh NUS graduates, according to preliminary findings from the 2003 NUS Graduate Employment Survey released yesterday. Of the 5,060 graduates
      456 words
    • 238 9 MOTOROLA'S handphone chip design unit in Singapore is one of three about to fall victim to the trend of shifting operations to lowcost locations. As the company moves to consolidate its design manpower in such places, a total of 50 staff in
      238 words
    • 227 9 EDB Ventures (EDBV), an investment fund managed by the Economic Development Board, has taken a strategic stake in a locallyowned industrial chocolate maker. Aalst Chocolate, which claims to be Singapore's first locally-owned high quality industrial chocolate maker, said EDBV has invested in a one-third
      227 words
    • 238 9 A WHOLE day devoted to digital cinema will be a highlight of BroadcastAsia2oo4 during June 15-18 at the Singapore Expo. It will include facility visits to one of Eng Wah's digital cinemas at Suntec and movie screenings have been lined up for June 16
      238 words
    • 384 9  -  SembCorp Logistics, PSB Corp among six companies to clinch deals By Uma Shankari PROVIDING proof that economic cooperation between Singapore and Vietnam is getting stronger, six joint projects involving the two countries were highlighted yesterday at the SingaporeVietnam Business Forum 2004. Among them, PSB
      384 words
  • Page 9 Advertisements
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  • EDITORIAL & opinion
    • 680 10  -  THE bottom line OPINION shada islam IMMIGRATION fears may have soured the European Union's pre-expansion mood but whether old Europeans like it or not the once exclusive club of 15 rich, Western nations will be opening its doors to Malta and Cyprus as
      680 words
    • 90 10 'Our capital is underutilised now. It's a painful condition to be in—but not as painful as doing something stupid.' -Warren Buffett the billionaire investor, on why Berkshire Hathaway Inc is sitting on a cash pile of US$31 billion. 'I want to make sure the stock market can
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    • 574 10 EDITORIAL ITS going to be a neck-and-neck race in Taiwan's presidential elections in 10 days' time. And watching the outcome with bated breath are China, which wants to reunite with Taiwan, and to a lesser degree, the US, which is trying to maintain a delicate balance
      574 words
    • 1132 10  -  The pundits are wrong it's not conservatives vs liberals. This year's US presidential elections will hinge on voters' stand on the economy and Iraq From Leon Hadar in Washington THE conventional wisdom about the coming US presidential elections goes something
      AFP  -  1,132 words
    • 443 10  -  COMMENTARY Foreign investors are plumping for its great asset sales By Andy Mokherjee Bloomberg YOU can tell just how fond international investors have become of India by how much time it took for the country's biggest-ever share offer to sell out: 30 minutes. Taking advantage of
      Bloomberg  -  443 words
  • Page 10 Miscellaneous
    • 190 10 CRYPTIC CROSSWORD 21 Result of joining in roadside L_JBB__JBB__pH__lßL__^^LJßL 26 Yellow, with a white surround (4) 27 Begins with European island achieve this (7) YESTERDAY'S SOLUTION almost everyone knows it 8 Handy way of disabling the Across: 1 Bakers 4 Accurate 9 (4 6) 11 Orrery, 10 Emmental, 12 So-so,
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  • REGIONAL news
    • 366 11 KUALA LUMPUR Firm yet to reveal its size but report says it may be biggest deepwater reserve in country AP SHELL Malaysia said it has discovered crude oil near Borneo island in what a newspaper described yesterday as potentially the country's biggest
      AP  -  366 words
    • 191 11 LONDON/MALAYSIA Reuters [LONDON] Malaysia and Brunei are considering a joint development authority to share oil and gas revenues from a disputed area off North Borneo, where there are two large and prospective oil blocks, an industry newsletter reported yesterday. Citing a source, International Oil
      Reuters  -  191 words
    • NOTEBook
      • 71 11 Reuters {TAIPEI] The world's top two contract microchip makers, TSMC and UMC, yesterday posted sharp gains in February sales as a strong recovery in tech demand filled production capacity to the limit. TSMC reported February sales ofNT$lB.3B billion (*****.4 million), up 49 per cent
        Reuters  -  71 words
      • 75 11 AP [JAKARTA] Indonesia's best known militant cleric Abu Bakar Bashir will be released from prison on April 4, a court official said yesterday after his three-year prison sentence was cut in half. Bashir was detained shortly after the October 2002 Bali bombings amid accusations
        AP  -  75 words
      • 63 11 AP [BANGKOK] About 50,000 workers, farmers and political activists protested yesterday against the planned privatisation of Thailand's electricity company, the latest in weeks of demonstrations that have continued despite the government's postponement of the deal. The protesters rallied at Bangkok's Royal Plaza and planned to demand
        AP  -  63 words
      • 72 11 Bloomberg [HONG KONG] Cheung Kong Infrastructure Holdings, a roads and utility company owned by billionaire Li Ka-shing, posted its smallest profit growth in eight years, dragged by an earnings slide at its Hong Kong electricity retail unit. Net income last year rose one per
        Bloomberg  -  72 words
      • 114 11 Bloomberg [BANGKOK] Orange SA, the wireless unit of France Telecom, will sell most of its stake in a two-year-old Thai mobile phone venture that reported an eight-fold increase in losses last year and fell short of market share targets. Orange will sell 39 per
        Bloomberg  -  114 words
      • 66 11 Bloomberg [HONG KONG] Kerry Properties, a developer controlled by the family of Malaysian tycoon Robert Kuok, posted a 34 per cent decline in profit last year as sales slid. Net income fell to HK5394.7 million (5586.2 million), or 33.4 HK cents a share, from a
        Bloomberg  -  66 words
    • 225 11 JAKARTA AFP INDONESIA'S banking sector is still on shaky ground despite the closure last month of the state agency tasked with sorting it out, according to a study released yesterday. "Much still needs to be done to restore the banking sector to health
      AFP  -  225 words
    • 504 12 BANGKOK Thai deputy PM to swop post with finance minister in cabinet reshuffle Reuters THAI Deputy Prime Minister Somkid Jatusripitak is expected to go back to the finance ministry in a cabinet reshuffle this week, senior government sources said yesterday. Prime Minister Thaksin Shinawatra
      Reuters  -  504 words
    • 275 12 HONG KONG Buying over of £1.5b loans will deepen its investment Bloomberg BILLIONAIRE Li Ka-shing's Hutchison Whampoa Ltd plans to take over £1.5 billion (554.7 billion) of bank loans owed by its UK wireless unit, increasing the Hong Kong company's US$23
      Bloomberg  -  275 words
  • Page 11 Advertisements
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      263 words

  • Article, Illustration
    1104 12 Transaction date: Mar 9 All-series: Maturities >a yr: Short: 1 3 yrs; Long: >3 yrs rm Tirr. —fi-m- mmmmmmmmmm «>*»■ tm i« ms,. -f > DTTERBAMK CROSS RATES AS C$ Bmb Euro HK$ Ind Ri Ruplah Yen Won RM WZ$ Pak Rs Peso 5$ Rand Sfr NTS Baht Pound
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  • 1562 12 S100M FUTURES Mar 9 11 1 r 1 RSSKScMtsfa} Close Volume Open MwUi low Sttt (tonnes) Interest Apr 04 235.00 May 04 ***** JM 04 ***** Jul/Sep 04 240.75 Oct/Dec 04 242.75 Jan/Mar 05 244.75 RS53(UScMtsto> Volume Opm Itoaftk Mgfc Low Sett (tomes) Interest Apr 04 ***** 2100 2*04
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  • REGIONAL world
    • 343 13 HONG KONG Henry Tang may also map out plans to sell state assets Bloomberg HONG Kong Financial Secretary Henry Tang may announce plans for the introduction of the city's first sales tax when he delivers his inaugural Budget speech tomorrow. The
      Bloomberg  -  343 words
    • 56 13 [PARIS] Mannequins with creations by legendary French fashion designer Yves Saint Laurent at the Pierre Berge and Yves Saint Laurent foundation in Paris. YSL has chosen to exhibit 42 models which bear witness to his relationship with art between 1965 and 1988. The exhibition opens to the public
      AP  -  56 words
    • 352 13 BEIJING New reserve requirements expected to cat bank lending and cool overheating economy AFP Reuters CHINA is mulling over a new plan to restrain lending by some of its commercial banks amid mounting concerns that the economy is growing too fast, state
      AFP; Reuters  -  352 words
    • 306 13 TOKYO Pact seen to help Toyota achieve critical mass for its hybrid technology Reuters TOYOTA Motor said Ford Motor Co would use some of its hybrid engine technology in a pact which underlines the Japanese auto giant's strong lead in eco-friendly
      Reuters  -  306 words
    • 190 13 WASHINGTON Reuters ALMOST a year after a senior Treasury official said billionaire Warren Buffett had "played the tax code like a fiddle", the US Treasury Department kept mum on Monday after the "Oracle of Omaha" shot back. In his annual letter to shareholders,
      Reuters  -  190 words
  • 42 13 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; v Broadly Diversified; Narowly Focused; Lower Risk; Low to Medium Risk; Medium to High Risk; Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N.A- Non Dealing Day
    42 words
  • Page 13 Advertisements
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  • 6 14 Transaction date: Mar 9
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  • 5 14 Transaction date: Mar 9
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  • 826 14 Transaction date: Mar 9 itwt—— Wt dm 0—9» I 5fdi—e Wt Ow Omni AUgrten 50c 0.33 1.130 -0.010 NOL 1.43 1.910 -0.040 ML Int) US20C 038 0.7C0 -0.005 OC»C 8.87 12.300 4-200 Caprtaland 1.21 1.710 -0.010 Partway M 25c 0.56 1.140 40.030 Chart SemiCond 26c 1.36 1.680 -0.050 People's
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  • 679 14 BONDS WARRANTS Prctn Expiry T«l Last Vol Com Eur Disc Gur- Mths Codo Company Solo *or- TOW) *o*lo Prtto log loft 3698 AST! W*****1 .42 1.5 530 1 16 -1 1.39 3 3697 Acma Ltd W*****6 j0.5 1 50 573 15.00 8 3602 Amtek W*****0 101 1 33 -4 1.39
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  • Page 14 Advertisements

  • WORLD news
    • 386 15 NEW YORK Their cash bonuses increased 13% while base pay climbed 8.3% Bloomberg THE trend for CEO pay is stm up and up even in the face of shareholder rage. While base salaries and bonuses have climbed, the value of unexercised
      Bloomberg  -  386 words
    • 341 15 FRANKFURT Issue may irritate shareholders and antagonise public opinion in country JOSEF Ackermann, chief executive of Deutsche Bank, received a remuneration package worth more than 11 million euros (Ss23 million) last year, a rise of about 60 per cent, the Financial Times said.
      341 words
    • WORLDWatch
      • 77 15 Reuters [MELBOURNE] Australia is reviewing Toyota Motor Co's local tax payments for 1994 to 1999, the company said yesterday, after a newspaper reported the car maker faced a tax bill of up to Asl billion (Ssl.3 billion). The company rejected suggestions in the Herald Sun
        Reuters  -  77 words
      • 74 15 Reuters [WASHINGTON] Microsoft Corp has given US anti-trust authorities a sworn statement that could help the government block Oracle Corp's bid to buy People Soft Inc, attorneys familiar with the case said. Microsoft's statement to the Justice Department undercuts one of Oracle's central arguments in
        Reuters  -  74 words
      • 74 15 NYT [ATLANTA] Federal Reserve chairman Alan Greenspan has become omnipresent and unusually outspoken in recent weeks, says Business Week analyst Rich Miller. He notes that Mr Greenspan "has been unusually frank in setting out a road map for future interest rate moves". As for why
        NYT  -  74 words
      • 100 15 Reuters [NEW YORK] The Federal Reserve on Monday approved Bank of America Corp's planned purchase of Fleetßoston Financial Corp, moving the companies a big step closer to creating the second-largest US bank. The approval was the largest hurdle left for the all-stock purchase, which was
        Reuters  -  100 words
      • 97 15 Reuters [NEW YORK] Manhattan District Attorney Robert Morgenthau has asked banking regulators to examine documents to establish if JP Morgan Chase Co or its predecessor banks violated "know your customer" rules, the Wall Street Journal said on Monday. Citing Mr Morgenthau, the paper
        Reuters  -  97 words
      • 66 15 Reuters [WASHINGTON] The optimism of small US businesses faded a bit in February from near-record highs, but the economy was strong enough for firms to be a bit more successflil in raising prices, according to a survey. The National Federation of Independent Business (NFIB) said
        Reuters  -  66 words
    • 268 15 NEW YORK Reuters INTERNATIONAL Business Machines Corp paid chief executive officer Samuel Palmisano U556.95 million in salary and bonus in 2003, up 17 per cent from 2002, according to a federal filing on Monday. Mr Palmisano, who was named chairman at the
      Reuters  -  268 words
    • 361 16 Martha Stewart Living may also change its name, report adds Bloomberg [NEW YORK] Martha Stewart will leave the board of Martha Stewart Living Omnimedia Inc and the board of the company she founded is considering a name change, news network CNN
      Bloomberg  -  361 words
  • Page 15 Advertisements
    • 566 15 > +JI2. IPCO INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of IPCO INTERNATIONAL LIMITED will be held at 24 Pandan Road, Singapore *****5 on 25 March 2004 at 10.00 a.m. for the purpose of considering
      566 words
    • 1223 15 TR NETWORKS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of TR Networks Limited ("the Company") will be held at 50 MacPherson Road #09-01 Singapore *****1 on 24 March 2004 at 10.00 a.m. for the purpose
      1,223 words

  • 6 16 Transaction date: Mar 9
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  • 1905 16 524* Td Lact Vol Day Lilt Quo* GrfMv Wv GrYM MM MCap C.n»wy Sale +A (HMt M* Iam Sdter Cw WE jj 26 7.5 5000 ABRHktgsSc 17 17 1« 321 42 133 2101 APOilST... 31.5 +1 107 31.5 31 31 31.5 5 N9.1 0.8 122 332 46.5 10
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  • 344 16 S2-M W Lai Vol Day Last Qliott GrfMv M» GrVM MM MCap W# Let Cade 0—m—l SMa W- r688> M* tmm Warm S*m Cm M W 197 96 6000 AVJenningsA25c AW -2 93 197 194 19« 196 40 8.8 S2 7.4 417.5 6001 Cathay Pac 20c HK720 265
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  • Page 16 Advertisements
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      55 words

  • BT motoring
    • 590 17  -  $15m Audi Centre houses one of the largest service centres in Asia, reports Samuel Ee Samuel Ee PREMIUM Automobiles opens a second showroom at its $15 million Audi Centre on Übi Road 1 today and says the timing has nothing to do with feng shui.
      CHRIS LOH  -  590 words
    • 419 17  -  Distributor Performance Motors aiming for wider audience for retro car this year By Samuel Ee THE Mini may be advertised on broadcast TV this year as distributor Performance Motors goes mainstream with the niche car. "We've already raised the brand awareness for Mini,
      419 words
  • Page 17 Advertisements
    • 163 17 Whereto wine, dine and entertain... H^P Tfeet yourself to our back by popular demand Asian Buffet and indulge in soma all-time favourtta dalicacias Laksa, Maa Rabus, Spicy Tom Yam Soup, Biua Crab in Yalta* Curry, Braiaod Pork Log and our avar scrumptious Boasted Moat at only $16.80 mi Coleman's Asian
      163 words
    • 107 17 BRIOs f Cafe Brio presents A WINE EXTRAVAGANZA! Ist 31st March 2004 from 18:30 and 22:30 hrs This is a special offer extended to all dinner guests ordering a a la carte menu or having our dinner buffet... For reservations, please call Cafe Brio at *****100 iMI GRAM) COPTHORNE WATIRFRONI
      107 words
    • 116 17 Prime Land For Sale Alexandra Road 77 Prominent frontage 4 separate plots 41,000 sq ft upwards Cn m BhoSroo*n Vacant possession V r Private treat Y '45 years lease JSSR (LJj//} CBRE Tel: 6224 8181 cb richaro ellis /Special Lunch i-/ $5.80 Nett Per Item t With FREt Choice of
      116 words
    • 84 17 n MERITUS MANDARIN SINGAPORE Semi-buffet Lunch: "|OD 12.00 noon to 2.30 pm OilHe Monday to Friday. /TV $38+++ per person \lz Kevolvlt| Reservations: 6831 6258/88 9*l I floor ME RUTS MANDARIN ***•4 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361. /fiv I*s- ifl I Spring
      84 words

  • MADE IN Singapore
    • 853 18  -  S C Auto founder S C Tan talks to VINCE CHONG about the challenges his business faces and the qualities needed to stay ahead VINCE CHONG FROM a one-bus transportation outfit to the million-dollar bus manufacturing and design business it now is, SC Auto Pte Ltd
      ARTHUR LEE  -  853 words
    • 968 18  -  By Taila Krishnakumar IF there is one businessman who is pleased with Singapore as a manufacturing base, it's Stephen Seow, founder and managing director of Dynaglass Reinforced Plastic Pte Ltd. With more than 30 years' experience in the Fibre Reinforced Polyester (FRP) Composite
      968 words
    • 682 18 ONE of the major contributors to Singapore's steady growth in the manufacturing sector is the transport engineering industry. Comprising the marine and offshore engineering, land transport and aerospace sectors, this industry exemplifies the resilience and vibrancy demonstrated by the manufacturing sector. A key underpinning of
      682 words
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  • SHIPPING TIMES
    • 497 19  -  MARITIME SECURITY M'sian port joins 17 others globally in move to target high risk boxes bound for US Reports by Donald Urquhart Urquhart [SINGAPORE] US customs officers are now stationed at Port Klang to screen containers destined for the US, following Malaysia's
      AFP  -  497 words
    • 364 19 ISINGAPORE] The US' post-911 scramble to inject security into the supply chain has not been undertaken in a rational manner, according to a leading US transportation academic, who said that much of the current security spending is out
      364 words
    • 283 19 SGX '000 My 9 St *1- Vol CH Offshore 035 001 620 ChuanHup 0.51 -0.01 3673 Cosco Investment 0.89 0.01 5633 CWT Distribution 0.53 unch 1 Ezra Hldgs 1.14 0.01 834 Freight unks .0.13 0.01 1613 GB Holdings .0.72 0.01 19 Java Holdings 0.77 -0.01 906 K1 Venture
      283 words
    • Article, Illustration
      42 19 [SABLE ISLAND, Nova Scotia] Canadian Coast Guard icebreaker Terry Fox on Monday moves through an ice sheet which is threatening gas platforms and the oil rig Rowan Gorilla V, situated off the coast of Sable Island, Nova Scotia. REUTERS
      REUTERS  -  42 words
    • 575 19 Reuters [ROME] Maritime security is a weak link in the US-led war on terror and extremists will one day exploit the shortcomings unless action is taken, the US Commander of Nato forces in southern Europe said on Monday. Admiral Gregory Johnson,
      Reuters; REUTERS FILE PHOTO  -  575 words
    • 257 19 Reuters [SINGAPORE] Asia lacks the money and political will to purge its seas of increasingly violent pirates whose attacks cost shipping lines millions of dollars a year, a leading US transportation academic said on Monday. In separate comments, the regional
      Reuters  -  257 words
    • 178 19  -  MAIL bag Jon Whitlow Jon Whitlow WE would like to congratulate Singapore on its decision to afford task force status to its Maritime and Port Security Working Group, and believe it is vital that its initiative acts as a wake-up call for
      178 words
    • STRAIT TALK
    • 5809 25 THEBUSINESSTIMES ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n NameNameNumber Number lb ABIDJAN (ABJ) 2003 Cote D'lvoire 17/03 23/04 CMA CGM CMA CGM MAKASSAR SX017W 65-*****800 19/03 12/04 Mrnu DELMAS FORBIN 4NW 65-*****344 It/03 28/04 Delmas WESTERDEICH OOtW 45-*****344 22/03 03/05 China Shpg ASTA RICKMERS 0123W 65-*****898 23/03
      5,809 words
    • SHIPS IN PORT
      • 578 27 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER228 E4065A J3 A/SIDE 10/03 0200 SEASHORE 1821 09C4S J4/5 A/SIDE 10/03 0630 SING LH 11 JB4301 J4 A/SIDE 10/03 1700 TIRTASARI V19/04 J10 A/SIDE 10/03 2000 WINYEONGT136 ***** J6 A/SIDE 10/03 2300 ZIM ITALIA 48W J17/18 A/SIDE 10/03
        578 words
      • 2 27
        2 words
      • 147 27 Mar 21 Japan: Vernal Equinox Day. Apr 4 HK: Ching M Fest. South Korea: Arbor Day. Taiwan: Ching M Fest. Apr 6 Thailand: Chakri Memorial Day Apr 8 Norway: Maundy Thursday. Philippines: Maundy Thursday. Sweden: Maundy Thursday. Apr 0 Sweden: Good Friday. Singapore: Good Friday. Philippines: Day of
        147 words
      • 798 27 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        798 words
      • 86 27 U/F unfilterable This report is based on samples as analysed by ONV Petroleum Services and it an abstract frers their morua detailed fuel quality statistics which Is mailed to participating shipowners. Key bunker ports have been grouped in geographical regions for brevity. Comparison has been made
        86 words
    • AIR & LAND transport
      • 780 28  -  Lufthansa, BA, Air France add flights in anticipation of boom in demand By Beth Jinks [SINGAPORE] Europe's three biggest trans-conti-nental airlines have beefed up Asia Pacific capacity significantly, anticipating a boom in regional demand led by China. Lufthansa German Airlines, British Airways and Air France
        REUTERS FILE PHOTO  -  780 words
      • 631 28 AFP [STOCKHOLM] More than 50 years after its creation as a pan-Scandinavian airline, SAS is now planning to split into three national companies in Denmark, Norway and Sweden in the face of mounting financial problems. "This is the last chance for SAS,"
        AFP; FILE PHOTO  -  631 words
      • 224 28 Bloomberg [SINGAPORE] Singapore Airlines, the world's second-largest carrier by market value, said an Australian-based budget carrier wants to obtain some of its Boeing 747-400 planes. "SIA does have a small number of Boeing 747-400s in its fleet which are not currently
        Bloomberg  -  224 words
      • 249 28 AFP [BANGKOK] Thailand's PB Air will launch the first international air links to the Andaman islands this month with with charter flights from Bangkok to the remote Asian archipelago, an official on Monday. "We have three curtainraiser flights on March 18,
        AFP  -  249 words
      • 300 28 Reuters [DUBLIN] Irish state airline Aer Lingus yesterday posted a 30 per cent rise in full-year operating profit and vowed to cut costs aggressively to drive fares lower and compete in an increasingly tough market. The Irish flag carrier, which has
        Reuters  -  300 words
      • LOGBook
        • 83 28 Bloomberg [NEW YORK] jetßlue Airways, a low-cost carrier with orders to more than quadruple its fleet by 2011, plans to begin daily flights to the Dominican Republic's two largest cities, expanding Caribbean service beyond Puerto Rico. The airline is seeking approval from US and Dominican
          Bloomberg  -  83 words
        • 68 28 Reuters [STOCKHOLM] Scandinavian airline SAS reported a 10.1 per cent year-on-year rise in February passenger traffic but said it remained cautious on outlook as fares continued to drop. "Improvements in general demand can be noted but due to the situation with continued yield pressure,
          Reuters  -  68 words
        • 86 28 AFP [HANOl]*Vietnam Airlines said yesterday it wanted to begin direct fUghts to Frankfurt in the fourth quarter of this year to replace its current stopping service to the German city. Duong Chi Thanh, the national flag carrier's director of passenger marketing, said the company was
          AFP  -  86 words
      • 425 28 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
        425 words
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  • Page 20 Advertisements
    • 857 20 I TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS I IvfSSR IvOY \m LONG HAOl| DALLAS I HOUSTON I M4MPHK ICHKACOI HfW YOtX~| j TQ AUSTRALIA (AUSTRALIA ASIA EXPRESS) 000.HAMBURG OIEII 09/03 10/03 I 24/03 31/03 83/04 01/04 01/04 04/04 ypsa VOY "EUSHT PRO I FRt M* SYP IKI
      857 words
    • 568 20 Lines services represented by Members of the Registry of Accredited Shipping Agents, \otrijy Singapore Shipping Association Members of the Singapore Logistics Association ULY UNE MALE /vKSIL VOY ETA EU EU 1 P.KUHG STORE MALI Kola Tegap TGAOS9 15/03 25/03 Maid Star 546 18/03 20/03 29/03 Princess Lily 0204 23/03 25/03
      568 words

  • Page 21 Advertisements
    • 846 21 ""|I MQI Qfi4Aw»« km rifi f > «l m Li»m!i mm mfi «la |n lam ill > hb la ntii n ■■■iwrna nniMrin >■ HI finr o iimye w snupuiQ mooos iw onsviv jwwchji® vTiq|Ov j) Dorts in Norm Anwico. Euroo*. Jaoon. Asia. Africa Ocsania. P 7 10m «Mf> fcrtra-Ajk
      846 words
    • 2136 21 WUOflMLINflf^ CANARY ISLANDS <• lAS MIMAS GflKUl AGWTS Nl SIRGAPORE: l* RAPHES QUAY *14-01 SAUS/MGS TIL ******57/43 FAX: 423*5321/24 I A ADDETIK COSTAR SHIPPING PTE LTD hoik hong mium« mnwmn/i) ******02 623*5325/75 I v muuvtrc a»IIMMtSBi SMGAfOtlo4*s*l MIMIC (0/0) *****7*4 *****319/49 I A TENERIFE (X MO; *****0000 M Til; 6226
      2,136 words

  • Page 22 Advertisements
    • 823 22 R>l npi MAC ENQUIRIES/BOOKINOS: *****344 FAX: *****433 E-MAIL: lMmMtMlnn.com.ag VCLIVIMW DOCUMENTATIONS/OPERATIONS: *****637 FAX: *****177 MIMAS WIST AFtlCik tXPMSS EXPHSS CONTABKB SEXVKE 10 SOUTH/WIST AfXKA ViSSII IVOY SW REUNION| LUANDA jPOINTE NOME MATADI UIREVUIEjAMDJAN TEMA LOME |TNKAN ICOTONOU APAPA|DOUAU |ONNE Izumo 003W 12/03 "li/oT 21/D4 10/04 19/04 13/04 18/04 Pelnws fargudw
      823 words
    • 210 22 O WINSTAR SHIPPING PTE LTD KATAM UNCJL TEL 62M 1970 FAX: 6261 PROJECT CARGO AND TUG A BARGE CHARTERING TEL *****27? FAX: 6272 3227 a N0.**********0C Homepage www.wjndar.conua E-mail: anouin^wnslwcomja 4 Sdhgs WooMy (Mm Sat) I Loading at Jurong Port Door to Door Fd/LQ/ Conventiooal Cargo bfriritt: Hum of ommb4
      210 words
    • 1442 22 WAN HAJ NTERNATIONAL PH LID a iKk 14M*****00/R W\wAN HAI LINES V V WWf%ll lift I hi IlkJ m*:mSMHMNUbm>S«2»MPM«:|M)atS«tMI:|M|ZnHn V JOH TE: (07) *****23 FAX: 107)2S ***** 9M TE: 1031) *****75 HUL (03)) J*****4/ *****05 wmwnUtuu KTIK:|D7I) S2MIMMX' 1021)52M7MPUII&:71UH/7IUII MI7IiOT www.wwi.tgw.ig MmjjW WgMMM 41SWB/4MHW Ivfssa I vot I mi I
      1,442 words
    • 615 22 BSA x MYANMA ■n FIVE STAR UNE (MyoMNr National Line) Loading far Yaagoa YISSEI VOY SIN Pitt PIN PGU PAGAN 327W SID HP A-AN 31SW SU) IN MALAYSIA: OOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PIN: 04-*****02 A™™? ACCEPTING CONVENTIONAL C6O VESSa VOY HKG SIN PGU PKL KIK MCAKANOA ACE
      615 words

  • Page 23 Advertisements
    • 1293 23 IVISSKL VOY KHH HKO SIN I PKL I PXI BAB PMM MK~I CAPE FRIO PCLBO2S SKIP SKIP 15/03 16/03 24/03 25/03 31/03 02/04 IRAN SATTARI PCLBO23 SKIP SKIP It/03 19/03 24/03 29/03 05/04 07/04 WANSHAHRYAR PC ***** SKIP SKIP 26/03 27/03 04/04 05/04 12/03 14/04 IRAN SATTARI PCLSO26 SKIP SKIP
      1,293 words
    • 661 23 UK CONTINENT SERVICE Loading for PANORMOS PRIDE RTM/ATW/BMN/U K/NAN GLORIUS RTM/ATW/B M N/U K/NAN Loads Singapore, EVW. Malaysia Indonesia MIDDLE-EAST SERVICE Loading for J SAFE HDD/JDH/AQA P LAMER DBl/ABU/DOH/BRN/DMM/KWT OLIVETTE DBl/ABU/DOH/BRN/DMM/KWT REGAL STAR HDD/JDH/AQA "Loads Singapore, E/W. Malaysia, Indonesia USA_SERVICE Loading for STEUOS B CAM/NOL/SAV/T PC NENA M CAM/NOLVNFK/SAV •Loads
      661 words
    • 787 23 -SESB m sft ESL_ JfIQSEL m SM ML__ -E*cjanda mm um 12/03 rxm euu h/m urn mum um uzh 14/03 aiamiata? mz uzss— PAdAMOA U6SN 15/03 15/03 fK Sllll Elfli! 18/03 «>/M PKIAMOA *****1 16/03 16/03 AIAAUATA2 MM 21/03 23/13 mum 114ZM iz/92 18/ ci PAOAWOA IIMN 18/03 19/03 PA(
      787 words

  • Page 24 Advertisements
    • 579 24 ■PPJfll TIGER BRIDGE 167S 13-14/03 DISCHARGING ONLY I ■MUiiil TIGER SKY 168N 14-15/03 19-20/03 26-27/03 1 l mi SHARK 169N 19-20/03 24-25/03 30-31/03 1 ■■■■TIGERPEARL 170N 21-22/03 27-28/03 03-03/04 TIGER SKY ***** 26-27/03 31-01/04 064)7/041 E^^n!«pr^^i2^7is^^o^^osi!^ ■fMRHMTIGER SPIRIT 083 15-16/03 21-23/03 31-01/04 HUUUUBj BALSAM 151 17-18/03 25-27/03 03-04/04 P—DALIAN 644
      579 words
    • 898 24 FREIGHT LINKS EXPRESS PTK^LTD^ 4££T Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 1^" ATTRACTIVE LCL RATES TO THESE VARIOUS DESTINATIONS Jj|E&2^Qo9| SURABAYA CEBU BANGALORE NEW DILHI SEMARANO MANILA CALCUTTA NHAVA SHIVA BELAWAN MADRAS PLS CAU FOR BOOKING 6267 4694/5535/5541 /5508/5514/5551/5560/5563/5565/5569/5553 PROJECT HEAVYLIFT CARGO (CONVENTIONAL Cr RORO) Lawrence
      898 words
    • 1347 24 Ma J rm 1/ II 111 main: TB. tni-1333 fax: 6221-5272 /M MM B w aisioiesnvicfcnLMii-ssH WLvm* 190 Wfci smoMEfcTomjooswrnNGrniTP t.* MMUI COMTAIMKiSIB SKtVKSS TO MALAYSIA, BftUNEI, M Y ANIAAft AM VffTKAM I- wr n w "»«i wr iusin n«hwi hub tor mm mm mm nT5^ MOIM' <007 11/ M
      1,347 words
    • 194 24 aS&BMI ystpc i BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI IVBSa I VOYACt jtt SINGAPOBt ETA KARAOii KHAltfUl 015HW IHVO3/04 M-W/M/04 SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/08 Apax Towar, Singapore *****5 Telephone: 6270 0977 t II Facsimile: 6275 2309 Telex: KS ***** SCAPAC DIRECT SIN
      194 words



  • Page 27 Miscellaneous
    • 114 27 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols v 7 Showers Full circle 0 ,ine indicates calm or light and variable winds R a i n One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots x Hazy A -One solid triangle represents 50
      114 words