The Business Times, 27 February 2001

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Total Pages: 38
1 38 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 029/12/2000 SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, FEBRUARY 27, 2001 850
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  • 73 1 Dsn 1,960.31 (+13.45) BT-SBI 810.82 (+7.22) ST INDEX FUTOBES MS4JO (+3.00) SIMSCIFOTUBES 249.60 (+0.60) STOCK MARKET INDICES Monday Change KLSE COMP 710.94 -1.82 NIKKEI 225 13,201.14 -44.86 HANG SENG 15,230.22 4034 SET INDEX 321.33 191 JAKARTA COMP 432.15 -&50 MANILA COMP __1,636.04 -10.96 TAIPEI WPI 5,716.02 -10.91 SEOUL
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  • 77 1 FOREX RATES ust s$ US$ (SS per US$) 1.744 £(US$/SS per 1.454 2.534 EliRO(US$/S$/E) 0517 1.599 DM 2.134 1524 YEN 116.1 66.60 RM 3.800 2.179 HK$ 7.800 4.473 BAHT 42.93 24.62 RUPIAH 9,805 5,623 PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.50 MANILA 11.00 HONGKONG 8.50
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  • 784 1  -  Property agency dismisses talk that banks are unhappy with move By Kalpana Rashiwala [SINGAPORE] Property consultant Jones Lang LaSalle has ventured into a new area real estate corporate financing making it the first property consultancy here to enter this field on its own.
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  • 458 1  -  Technical expertise needed; recent appointments were interim measures From Eddie Toh in Kuala Lumpur MALAYSIA Airlines, which is set to chalk up its biggest loss this year, may appoint a foreigner as its chief operating officer, Prime Minister Mahathir Mohamad said yesterday. "We
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  • 514 1  -  StarHnb Internet's ex-CEO Tan Tong Hai to take over By Andrew Wee [SINGAPORE] Nasdaq-listed Pacific Internet shocked the IT industry here when it announced yesterday that chief executive officer Nicholas Lee has quit and stepped down from the board. Mr Lee, whose resignation took
    FILE PHOTO  -  514 words
  • Page 1 Advertisements
    • 202 1 IKSTOE Top Stories Mahathir warns of being devoured by mega firms. Next Page m ..-vv I i pr| Reuters' strategy in the Internet era. Next Page Venture to pay 20% tax-exempt dividend. Pg 3 Manufacturing output down 9.9% in January. Pg 7 BT Comment Silver lining in the down Cycle.
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    • 716 2 He would chop off the heads of corporate behemoths if he could AP AFP [KUALA LUMPUR] Urging East Asian nations to speak up against harmful Western financial ideologies, Prime Minister Mahathir Mohamad yesterday warned that corporate behemoths created by mega-mergers abroad
      AP; AFP  -  716 words
    • 331 2 Deals could be used by countries as backdoor entry to Afta, he says AFP [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday described Singapore's attempts to negotiate separate free trade agreements (FTAs) as "worrisome". Countries which secure such deals could gain a "backdoor entry" into
      AFP  -  331 words
    • 675 2  -  People will continue to pay for good quality services, says CEO; its profit beats expectations By Angela Tan [SINGAPORE] For Reuters Group pic, the world's leading news and information provider, the turn of the century could have begun with a blow
      CHRIS LOH  -  675 words
    • 304 2  -  Speedy information crucial for foreign investor confidence By Eugene Low [SINGAPORE] A lack of transparency and the absence of reliable market information "compounded, if not caused in part" the collapse of international confidence in Asian markets, Senior Minister Lee Kuan
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    • ON THE grapevine
      • 99 2 SECRETARIES often zealously guard their bosses from what they judge to be intrusive phone calls. But this one takes the cake. The secretary of a senior banker at one of the local Big Four banks went so far as to second-guess her boss's knowledge of the latest developments
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      • 58 2 THE queue at POSBank at Great World City has been rather long since the closing of the DBS Bank branch there. But the bank has been sweetening things by handing out Ferraro Rocher chocolates to customers. The confectionery comes with a "Thank you for banking with us"
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      • 94 2 "I WOULD have held up the other parties playing behind us." This was Japanese Prime Minister Yoshiro Mori's response following the furore over his decision to continue a round of golf after hearing news of the sinking of a Japanese boat by a US submarine earlier this
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  • Page 2 Advertisements

  • SINGAPORE companies
    • 522 3  -  Profit rises to record $105 m on a 53% increase in turnover to $1.5b Bb David Boey VENTURE Manufacturing plans to pay shareholders a 20 per cent tax-exempt dividend to toast record earnings of $105.1 million in FY 2000. The record earnings revealed yesterday
      ARTHUR LEE  -  522 words
    • 255 3  -  By Eugene Low AUSTRALIA-LISTED Thakral Holdings Group yesterday reported a 14 per cent rise in operating profit to A 519.5 million (5517.9 million) for the half year ended Dec 31, 2000. Earnings per share rose 0.3 cents to 3.5 cents, while revenue was
      255 words
    • 676 3  -  HQCKfBffTffMI christopher tan IT IS Jill too easy to kick a company when it's down. Take Cycle Carriage, which has of late been having one bad spell after another. Three years ago, a slump in the property market caused it to report its first
      676 words
    • 609 4  -  Presscrete, Sweet Success agreement lapses dne to certain unfulfilled conditions By Serena Ng THE deal struck by Indone-sia-linked L&M Group Investments to acquire a controlling stake in Sesdaq-listed Presscrete Holdings could be void now that a sale-and-pur-chase agreement between Presscrete
      Source: Reuters  -  609 words
    • 452 4 Franklins chain write-off; fierce competition cited Reuters [HONGKONG] Food, drugs and convenience store retailer Dairy Farm International Holdings Ltd yesterday posted a net loss of U*****.5 million (***** million) due to fierce competition and a write-off for its struggling Franklins supermarket chain in
      Reuters  -  452 words
    • 290 4 Operator Dairy Farm sees 82.5% jump inS Asia earnings to USs2sm THE Giant hypermarket operated by Dairy Farm International (DFI) at IMM Building started achieving a net profit in its fourth month of operations last October a lot sooner than
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    • 290 4  -  By Janice Lee MATERIALS-handling specialist Inter-Roller Engineering yesterday reported a $3.2 million loss in FY2OOO, down from a $1 million profit in FY1999. "The regional crisis has affected the pace of our growth," said chairman Lim Yong Wah. With the bulk of
      290 words
    • 193 4 ON Feb 9, BT published a report headlined "Insurer Great Eastern set to unveil record earnings" in which we erred in quoting Great Eastern Holdings CEO Tan Beng Lee as saying the company would post record earnings for FY2OOO. The article was based on a lunch meeting between GE
      193 words
    • COMPANYBriefs
      • 110 4 AP DBS Group Holdings Ltd, South-east Asia's biggest bank, has decided not to bid for Korea Exchange Bank's credit card business, the Singapore bank said yesterday. "After taking a very, very good look at it, we decided it didn't make sense to
        AP  -  110 words
      • 92 4 KEPPEL Telecommunications Transportation Ltd and Tel Aviv-based Shrem Fudim Kelner Technologies (SFKT) announced yesterday that they have secured US$5O million (SsB7 million) in the first round of financing for their joint Israeli High Tech (EHT) Fund. The IHT Fund, to be capitalised at US$lOO
        92 words
      • 28 4 Corrections clarifications IN our story "Great Eastern, OCBC top weekly transparency table" yesterday, we incorrectly referred to SembCorp Logistics as Sembawang Logistics. We are sorry for the error.
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    • OTHERResults
      • 82 5 RICE cracker maker Want Want said yesterday its 2000 net profit increased by 16 per cent to $117.9 million. Group turnover increased by 14 per cent to $564 million with improvements in all product segments and all geographical regions. Want Want said lower profits
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      • 83 5 TOTAL Automation said yesterday its net profit for 2000 rose 39 per cent to $4.40 million, due mainly to better margins for some major jobs as well as a write-back of tax overprovision amounting to approximately $271,000. Group turnover decreased marginally by 0.9 per
        83 words
      • 50 5 INCHEM Holdings yesterday reported a 55 per cent drop in interim net profit to $558,0000 for the period ended Dec 31,2000, due to higher raw material costs, lower selling prices and higher operating cost. Group turnover increased slightly from $14.1 million to $14.4 million.
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      • 65 5 VIBROPOWER Corp said yesterday 2000 net profit increased to $3.04 million from $1.11 million. Overall, turnover increased 67 per cent from $15.2 million to $25.4 million. This came mainly from higher sales of stationery and mobile generators to public housing projects in Hongkong, the Ministry
        65 words
      • 63 5 MMI Holdings yesterday reported a jump in net profits from $621,000 to $3.3 million for the six months to Dec 31. The group said sales surged 103 per cent to $154.1 million, thanks to its efforts to diversify into the mechanical contract manufacturing and factory
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      • 89 5 TAI Sin Electric Cables Manufacturer yesterday reported a 50.2 per cent increase in net profits to $347,000 for the half year ended Dec 31. Turnover grew 69.8 per cent to $21.3 million. Earnings per share rose from 0.13 cents to 0.18 cents, while net
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    • 214 5 THE Straits Trading Company registered a 14.3 per cent rise in net profit to $47 million for the year to Dec 31, 2000. The group's operating profit went up 25.1 per cent to $60.6 million boosted by higher gains from the trading
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    • 392 5  -  They'll discuss offering e-leaming solutions to policyholders By Rachel Ong NTUC Income Insurance Cooperative has agreed to pay $5.56 million for 5.56 million shares in mainboard-listed electronic learning company Horizon.com. The shares are new, and when the placement is completed,
      392 words
    • 172 5  -  OUB is IPO's manager, lead underwriter By Liew Hanqing OPTICAL company Oculus has received in-principle approval to list on Sesdaq. Overseas Union Bank has been appointed manager, lead underwriter and lead placement agent for the initial public offer. Oculus makes and distributes
      172 words
    • 190 5 Reuters [NEW DELHI] Indian telecoms firm Bharti Televentures is planning an initial public offering (IPO) of shares worth 7-9 billion rupees (Ss23l-$297 million) to be listed on domestic exchanges, The Business Standard said yesterday. The daily said Bharti had shelved earlier plans for an overseas
      Reuters; FILE PHOTO  -  190 words
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  • Page 4 Advertisements
    • 450 4 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the "EGM") of Harimau Investments Limited (the "Company") will be held on 21 March 2001 at 65 Chulia Street #50-00 OCBC Centre, Singapore *****3 at 11 a.m.
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  • Page 5 Advertisements
    • 226 5 Wake** p HieHtrateTimm Start your job search early. Read TTL HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 8 April 1999) INVITATION IN RESPECT OF 46,000,000 ORDINARY SHARES OF $0.10 EACH COMPRISING 33,000,000 NEW SHARES AND 13,000,000 VENDOR SHARES AS FOLLOWS:(A) 4,600,000 OFFER SHARES AT $0,215 FOR EACH OFFER
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  • SINGAPORE markets
    • 180 6  -  WARRANT WATCH By Ven Sreenivasan WE'VE featured United Overseas Land's two warrants several times, as interest in both has grown because of speculation about United Overseas Bank's plans to divest its stake in the property company. UOLWOI, which expires in
      180 words
    • 604 6  -  STOCKS ven sreenivasan SINGAPORE stocks were flat as worries about corporate earnings and the health of the US economy overshadowed the "feel good" effect of Friday's business-and-consum-er-friendly Budget. While acknowledging the Budget which included a surprise one per cent cut in corporate
      604 words
    • 518 6 Stocks Volume PCI 25c 12,886,000 Chart Semiconductor 26c 9,795,000 Brierley NZ10c 9,556,000 CapitaLand 8,725,000 PacificCenturylOc 7,591,000 Hyflux5c 6,163,000 Lankom US2c 5,257,000 UOLWtOI 4,451,000 Omni Ind 10c 4,271,000 Vickers Capital 25c 4,214,000 Stocks Chart Semiconductor 26c 54,865,557 DBS Grp 54,683,248 OCBC 28,027,583 UOB 26,690,400 CapitaLand 22,775,424 SPH 21,465,887 SIA 18,656,627 PCI
      518 words
    • 232 6  -  HOT STOCK By Ven Sreenivasan THE shares of OCBC Bank were among the top gainers yesterday, rising 40 cents to $12.90 on volume of 2.2 million. The rise surprised many market watchers, especially after the bank unveiled uninspiring results last week. The technical charts
      232 words
    • 143 6 UNITED International Securities will go ex-dividend (final dividend of 6.50 cents and special bonus dividend of 5.0 cents) on April 27. Last day for buying-in on a cum basis is May 3. Date payable is May 15. ♦ADVANCED Systems Automation has appointed senior manager for investments at EDB
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    • 351 6  -  CURRENCIES larry wee RUMOURS of a possible Federal Reserve rate cut this week rescued US stocks on Friday, but the greenback was still looking soggy yesterday though the Indonesian rupiah was forced to a 28month low. What threatened to
      Source: Reuters  -  351 words
  • Page 6 Advertisements
    • 164 6 IN NO Precision INNOVALUES PRECISION LIMITED (Incorporated in the Republic of Singapore on 25 April 1997) Initial Public Offering 15,400,000 new ordinary shares of $0.05 each comprising: (1) 2,000,000 offer shares at $0,35 for each offer share by way of public offer; and (2) 13,400,000 placement shares by way of
      164 words

  • SINGAPORE news
    • 479 7  -  Year-on-year fall dne to seasonal factors, biomedical sciences ontpnt drop By Serena Ng SINGAPORE'S manufacturing output fell 9.9 per cent year-on-year in January because of seasonal factors and a decline in the output of the biomedical sciences cluster. Growth was also down sharply from
      FILE PHOTO  -  479 words
    • 268 7  -  By Marissa Chew VISITOR arrivals grew more slowly in January because of weaker Indonesian and Japanese markets. According to figures from the Singapore Tourism Board (STB), 656,840 people came to Singapore during the month up 3 per cent from January 2000. But this
      Source: STB  -  268 words
    • 644 8  -  DOS survey finds just under half had insurance policies; 27% had charge or credit cards By Anna Teo MORE than half of adult Singaporeans owned some stocks and shares in 1998, and just under half had insurance policies, a survey has
      644 words
    • 323 8  -  That's how SIA says it intends to use the two ad agencies By Conrad Raj NO, Singapore Airlines has not abandoned Batey Ads as its main advertising house. But it has brought in Bates Singapore for special projects. "Batey will continue to
      323 words
    • 178 8 NICHOLAS de Boursac, a former managing director and head of corporate banking of Chase Manhattan Bank's Singapore operations, has been appointed president of the American Chamber of Commerce in Singapore (AmCham). Mr de Boursac, who has over 25 years of experience in
      178 words
    • 313 8  -  Investment in insurance nets highest growth at 7% to $7.6b By Liew Hanqing INVESTMENTS under the Central Provident Fund Investment Scheme (CPFIS) totalled $18.7 billion at the end of fourth-quarter 2000, up 2.8 per cent from $18.2 billion at the
      313 words
    • 519 8  -  Ex-Stats president Lee Joon Chang to take over as president and CEO By Conrad Raj ENTREPRENEURIAL MP Indeijit Singh has quit United Test Assembly Centre (Utac) the company he founded three years ago to devote more time to his other ventures. Taking his
      FILE PHOTO  -  519 words
    • 210 8  -  Richard Chee I REFER to the letter "Heng Chiang Meng saw slump coming" by Jimmy Teo (Mailbag, Feb 22). I want to say, "Thanks, but no thanks. Mr Heng is no hero of mine." He is not the only one who saw the property
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    • 139 8  -  Narayana Narayana IT has been the established practice in Singapore that details of the Budget are released by the Finance Minister after his preamble, and only after the stock market closes. In earlier years it was after 4 pm, and more recently after 5
      139 words
    • 80 8  -  Wen Yixiang I REFER to the letter "Can't just count on projected returns" by Mohamad Rosle Ahmad (Mailbag, Feb 24). Projections are estimates based on a set of assumptions and they can be subjective. Two persons may derive different projections from the same set of
      80 words
    • 146 8  -  Lim Jui Seck I REFER to your article "Debt vs investment pay now or pay later?" by Ben Fok (BT, Feb 21). I am a practising financing consultant and would like to share two additional points with BT's readers. Current Liability over Assets
      146 words
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  • Page 8 Advertisements
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    • 68 8 We welcome letters. E-mail us at btletter@ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
      68 words

  • FOCUS property
    • 303 9  -  At least another 120 units will be released at the official launch this Friday By Andrea Tan CENTREPOINT Properties has sold 70 units at its Compass Heights project within a week, bringing total sales to 240 since the soft launch three
      FILE PHOTO  -  303 words
  • Page 9 Advertisements
    • 421 9 Description Single storey warehouse cum 2nd storey office 4-storey warehouse complex Land Area 25.758 sq m 277,259 sq ft Gross Floor Area 13,926.12 sq m /149,901 sq ft Tenure 30 yrs lease wef 16 Feb 1988 with an option to renew for further 30 yrs subject to certain investment conditions
      421 words
    • 104 9 \SSSSESSEm Extensively renovated 11 partition rooms Outside CBD *1 conference room Near MRT Reception lounge Own compound/free carparks Approx GFA 4,000 sq.ft. Since 1982 For Sale By Tender 17 Brizay Park Prime Freehold 2 storey Bunglw with basement Good Class Bungalow Area/Nice ambience Comer rectangular plot with 3 frontages Land
      104 words
    • 154 9 Your weekly guide to pubs and lounges every Friday In The New Paper Fastads o WAREHOUSE FOR SALE 7 Tal Seng Drive Description :A 6 storey warehouse building with spacious showroom and office. Efficient layout with high ceiling and heavy floor loading capacity. Ideal for data centre/ corporate headquarters. Land
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    • 375 9 BUNGALOW PLOTS FOR SALE 200 208 JERVOIS ROAD a Jervois/Tanglin GCB area c S!S Co =K 4 Elevated with commanding rponjs views of surrounding greenery /•►jSUS— 16,146 sq ft to 17,007 sq ft J f Freehold Vacant Possession srsi£ PHW zp' 23*/ I&M For further information, j^ please contact: wwAwa
      375 words

  • EDITORIAL & opinion
    • 724 10  -  OPINION diana oon abdullah The writer is a BT correspondent based in Kuala Lumpur SIGNBOARDS have been brought down and new ones put up as Malaysia's banks make operational changes to complete bank mergers begun last year. Amid familiar names like Maybank and
      724 words
    • 108 10 'We're not giving it to the wealthy, we're repairing problems in the tax code.' Lawrence Lindsay President Bush's chief economic adviser, giving his take on the US administration'sproposed tax cuts. 'The kids can relate to these characters. They see how someone can empower themselves and fight a
      108 words
    • 678 10 EDITORIAL PACED with a triple crisis —political, economic and financial —Japan needs not just "stability", which senior members of the Liberal Democratic Parly invoke to justify their continuing hold on power, but also bold new ideas. It is doubtful whether these can come from a
      678 words
    • 971 10  -  More signs are emerging that the US can dodge a recession this year which is good news for the rest of the world too By Paul A Samuelson The writer is a professor of economics at the Massachusetts Institute of
      LATWP; AFP  -  971 words
    • 613 10  -  COMMENTARY Looks like the Good Housekeeping US seal of approval from the world's investors is wearing thin By Floyd Norris NYT ONLY a year ago, as the US trade deficit set a record, there were warnings that something had to give. Surely the
      NYT  -  613 words

  • e-NEWS
    • 581 11 LONDON Microsoft's plans come as Yahoo announces plunge in auction listings after it ended free service Reuters FT MICROSOFT Corp has underlined its concerns about the long-term viability of free Internet portals by indicating it may soon seek to charge users of its popular
      Reuters; FT  -  581 words
    • 407 11 NEW YORK Sim's server sales revenue beats DM in US, not globally NYT SUN Microsystems wanted to accent the positive when it warned Wall Street last week that earnings and revenue would fall short of estimates in the
      NYT  -  407 words
    • 104 11 [WASHINGTON] The judges hearing arguments in US vs Microsoft Corp in the US Court cf Appeals posing for a group photo earlier this month. Microsoft is seeking to overturn trial court findings that it broke antitrust laws and should be spilt in two to
      REUTERS  -  104 words
    • 318 11 WASHINGTON LAT-WP AS THE US Court of Appeals began its scheduled hearing on the Microsoft case late yesterday, Ken Auletta was not only in the press section, he was a critical part of the case. As the author of a
      LAT-WP  -  318 words
    • 478 11 HONGKONG The companies will share management skills and Avrhangp human resources NYT CHINA Mobile (HK) Ltd said it is close to forming a partnership with Vodafone Group Pic, a move that will prevent the world's largest mobile phone company from selling its stake
      NYT; AFP  -  478 words
    • 468 11 NEW YORK ITC now focuses on software giant's ftjjgrftMjTO campaign targeting Palm Inc Reuters LATWP SOFTWARE titan Microsoft Corp, which was due to appeal a judge's ordering it to split in two, is facing fresh federal charges of false and deceptive advertising,
      Reuters; LATWP  -  468 words
    • eBriefs
      • 89 11 AFX-Asia [LONDON] ATT Corp is expected to lay the groundwork for a public offering of its 25.5 per cent stake in Time Warner Entertainment this week, the Wall Street Journal reported. The move follows AOL Time Warner's proposal to pay USJ9-10 billion (5515.7-17.4 billion)
        AFX-Asia  -  89 words
      • 76 11 Bloomberg [ARMONK, New York] International Business Machines Corp is starting a programme to use the Internet to speed custom-semiconductor design, bolstering its unit that makes chips for other companies. IBM said it will set up a system so that chip designs are placed
        Bloomberg  -  76 words
      • 50 11 Bloomberg [TOKYO] NEC Corp, Japan's biggest computer maker, and NTT Data Corp have formed a joint venture to develop software for Japan's local governments. Bestcom Solutions, with 200 million yen (Ss3 million) in capital, will develop software to help local governments manage citizens' records.—Bloomberg
        Bloomberg  -  50 words
      • 60 11 AFX-Asia [SANTA CLARA, California} 3Com Corp said it will proceed to an across-the-board reduction in force of approximately 1,200 people, including full-time regular employees and the alternative workforce, amounting to a 13 per cent cut in personnel. 3Com expects this move to be the first
        AFX-Asia  -  60 words

  • MALAYSIA news
    • 428 12 KUALA LUMPUR If Utama wants to become a core bank it mnst meet central bank criteria Reuters MALAYSIAN Prime Minister Mahathir Mohamad yesterday did not discount the possibility of a merger between the country's top bank Malayan Banking Bhd and thirdranked RHB Bank.
      Reuters; AP  -  428 words
    • 347 12  -  From Eddie Toh in Kuala Lumpur THE Formula One race in Sepang has taken a heavy toll on the organiser, listed Malaysia Airports Holdings Bhd. The company, which was only listed last November, saw a sharp drop in earnings for the year ended
      FILE PHOTO  -  347 words
    • 341 12 KUALA LUMPUR Tenaga also said to be planning USsBoom bond issne by mid-March Reuters MALAYSIAN International Shipping Corp (MISC), the country's flag carrier, is planning to issue yankee bonds worth up to US$5OO million (SsB72 million) in the next few weeks, traders
      Reuters  -  341 words
    • 572 12  -  Bnt in real terms, members are better off than in 1999 From Diana Oon Abdullah in Kuala Lumpur THE Employees Provident Fund the largest fund manager in Malaysia is set to change its investment strategies after announcing its lowest dividend payout in
      572 words
    • 242 12 KUALA LUMPUR Reuters MALAYSIA'S second largest banking group Commerce As-set-Holdings Bhd reported a lower-than-expected net profit yesterday and higher loan provisions. Net profits for last year rose to RM518.45 million (*****.8 million), up from RM386.04 million in 1999. A Reuters survey of analysts' forecasts envisaged
      Reuters  -  242 words
    • 218 12 Reuters [KUALA LUMPUR] Shares of Malaysia's largest private television network TV3 tumbled yesterday following a court decision that ordered the already-ailing firm to pay RMIOO million (5545.3 million) in damages for defamation. Sistem Televisyen Malaysia Bhd (TV3) shares plunged more than 17 per
      Reuters  -  218 words
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  • REGIONAL news
    • 382 13 JAKARTA AFP INDONESIA said it was mending fences with the International Monetary Fund (IMF), and that discussions in Washington had "bridged" the main point of dispute between them the independence of the central bank. "We are in full agreement regarding the need
      AFP  -  382 words
    • 240 13 JAKARTA Bloomberg PT INDOFOOD Sukses Makmur, the world's biggest noodle maker, said profit in 2000 dropped 54 per cent because of foreign exchange losses. Profit for January to December 2000 fell to 646 billion rupiah (Sslls million), or 71 rupiah per share, compared
      Bloomberg  -  240 words
    • 261 13 HONGKONG Bloomberg Reuters AFP HONGKONG Land Holdings Ltd, one of the city's biggest office landlords and a unit of Jardine Matheson Holdings Ltd, said profit last year rose by a third, boosted by a onetime gain of US$l25 million (*****.9 million).
      Bloomberg; Reuters; AFP  -  261 words
    • 444 13  -  She allegedly marked npcostofUSs3o6m govt project involving Pertamina From Shoeb Kagda in Jakarta INDONESIAN prosecutors yesterday questioned former president Suharto's eldest daughter Siti Hardiyanti "Tutut" Rukmana for the second time over her alleged involvement in a multi-million dollar corruption case. After naming her
      AFP  -  444 words
    • 327 13 HONGKONG Reuters CHINA remains on track to enter the World Trade Organization (WTO) within the first half of 2001, the next head of the world trade body said yesterday. "Hopefully, it wiU not be the second half 0f2001.1 think it
      Reuters; AFP  -  327 words
    • 411 13 UPALANGKARAYA Official death toll after eight days stands at 270 but it may be as high as 1 9 000 AP ARMED gangs of indigenous Dayaks yesterday broadened their campaign of terror on Indonesia's Borneo Island, forcing thousands of minority Madurese to
      AP; AFP  -  411 words
    • 229 14 SHANGHAI Bloomberg CARRE FOUR SA, Europe's largest retailer, may have run foul of Chinese law after failing to go through the proper bureaucratic channels when it introduced the hypermart concept to China six years ago. The French-based retailer could face closure of
      Bloomberg  -  229 words
    • 595 14  -  Tongh year seen with US slowdown; bank boosting bad loans pro vision to cope From Audrey Tan in Hongkong BANKING giant HSBC Holdings yesterday reported a 23 per cent rise in attributable profit to US$6.6 billion (5511.5 billion) for the full year ended December, but warned
      REUTERS  -  595 words
    • 477 14 HONGKONG Reuters HONGKONG is expected to unveil a cautious Budget on March 7 to bolster still fragile economic confidence in the face of a rapid slowdown in world trade. With weakening global demand choking the territory's exports and domestic consumption still weak, no new
      Reuters  -  477 words
    • 498 14 AUCKLAND 190,000 ha of trees to be sold; banks owed USs637m Bloomberg FLETCHER Challenge Ltd's forestry venture with China's Citic New Zealand Ltd was put in receivership by a group of banks owed more than US$637 million (Ssl.l billion). The banks, led by Bank
      Bloomberg  -  498 words
    • 266 14 Bloomberg [NEW DELHI] India's railway budget seeks to leave passenger fares unchanged while raising freight rates to raise money for long-delayed repairs, Rail Minister Mamata Banerjee told Parliament yesterday. In the fiscal year starting April 1, freight rates will be increased by
      Bloomberg; AFP  -  266 words
    • 296 14 NEW DELHI Govt also finalises rights issue of 1.98 m shares for carmaker Reuters INDIA has valued ailing carmaker Maruti Udyog Ltd (MUL) at 60.72 billion rupees (Ss2 billion) and finalised a rights issue of 1.98 million shares as part of its move to
      Reuters  -  296 words
  • Page 13 Advertisements
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    • 101 13 EUNQfS Built for your Every unit enjoys ground floor J V convenience Impressive office-like facade UtSS? fronting Eunos Link, in MacPherson Paya Lebar area 'dXCSUi* Car lorry parking loading bays «£U at your doorstep E-- Private toilet for each unit °BMEXs z t g ""W" For ancillary office/ light industrial/
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  • WORLD news
    • 391 15 NEW YORK Investors asked how Lloyd's promoted itself to them Reuters FEDERAL investigators are asking disgruntled US investors in Lloyd's of London for details on how the insurance market promoted itself to them, the Wall Street Journal reported in its online edition yesterday. The
      Reuters  -  391 words
    • 501 15 LDP ex-policy chief T&kn Y&mas&ki willing to vie for party chief post Reuters JAPANESE Prime Minister Yoshiro Mori, under pressure to step down over a series of gaffes and scandals, kicked off a critical week for his career yesterday with an apology and a
      Reuters; REUTERS  -  501 words
    • 430 15 TOKYO But rise fails to convince anyone that a revival in spending is imminent Reuters JAPAN'S retail sales snapped a string of 45 months of declines in January, growing 1.2 per cent from a year earlier but failing to convince
      Reuters  -  430 words
    • 253 16 SEATTLE Bloomberg MICROSOFT Corp and Amazon.com Inc are among firms putting Seattle area office space back on the market this year a further sign that technology companies' troubles are spilling into real estate markets. Microsoft is trying to sublease 325,000 square feet in Bellevue,
      Bloomberg  -  253 words
    • 610 16 STUTTGART Q1 loss seen as it takes 3b euros charge for axeing jobs at Chrysler Bloomberg DAIMLERCHRYSLER AG, the world's fifth largest carmaker, will lose as much as 4.3 billion euros (556.9 billion) before taxes and interest in the first quarter as it
      Bloomberg; REUTERS  -  610 words
    • 467 16 TOKYO Moves part of DaimlerChrysler's plan to retnrn firm to profit Reuters JAPAN'S loss-making Mitsubishi Motors Corp (MMC) will cut 14 per cent of its workforce, close a passenger car plant and slash costs as part of a global overhaul
      Reuters  -  467 words
    • 203 16 LONDON Reuters Bloomberg VANCOUVER, Canada and Zurich, Switzerland were judged the two best cities to Uve in by a survey published yesterday comparing the quality of life in 215 cities worldwide. The survey by British human resources consultancy William M Mercer evaluated
      Reuters; Bloomberg  -  203 words
    • 276 16 TOKYO It expects to book under 5b yen from the stake sale Bloomberg NIKKO Securities Co, Japan's third-largest brokerage, will sell half of its whollyowned banking unit to Citigroup Inc, as part of a group reorganisation under a holding company.
      Bloomberg  -  276 words
    • 244 16 TOKYO It also cats profit forecast Reuters JAPAN'S third-biggest convenience store chain operator, Family Mart Co Ltd, said yesterday it would shut 500 stores putting the brakes on two decades of expansion. The Tokyo-based chain took an axe to its group profit forecast, slashing
      Reuters  -  244 words
    • 698 17 NEW YORK Declining taxes for top 1% due to stock boom, cat in long-term capital gains tax NYT THE richest Americans are paying a declining share of their incomes in taxes, even as their incomes grow more rapidly than everyone else's, according to data
      NYT  -  698 words
    • 1071 17 BRISBANE Bradman became an icon in the 1930s and 1940s by rewriting record books AP Reuters DONALD Bradman was called the greatest Australian by Prime Minister John Howard, but there is no doubt that he will also forever be known as the world's
      AP; Reuters; AFP FILE PHOTOS  -  1,071 words
    • 252 17 LONDON Reuters JAPANESE car maker Mazda Motor Corp is to take direct control of most of its European distribution networks as part of a strategic revival plan, the Financial Times website reported on Sunday. Deeply indebted Mazda in which Ford has a
      Reuters  -  252 words
    • 448 17 GENEVA NYT BANKERS and officials in Switzerland are bristling once again over accusations, this time from neighbouring France, that the country is an international haven for dubious money dealings. In a report to the French National Assembly last week, two Socialist
      NYT  -  448 words
  • Page 15 Advertisements
    • 270 15 DiscoverHongKong.com I jai $568 450 —Seoul $568 —550 Ur on B Kong and More promotion*, pay from $568** and enjoy a FREE 2-night stay in J a P an $568 650 JJJijlpintggyiaia■ 1 this exciting city. And for just a little extra, you can pack even more into your journey
      270 words

  • Page 16 Advertisements
    • 183 16 ARGENTINA AUSTRALIA austria j&ra: '0 MMLjtJ BELGIUM v BRAZIL CANADA CHILE CHINA These things happen... I'm sorry' COLOMBIA v and what then? DENMARK ECUADOR FINLAND FRANCE GERMANY ISRAEL valued colleague, perhaps future no longer your were how you to JAPAN it's true that mergers downsizings, being retrenched does not cany
      183 words

  • Page 17 Advertisements
    • 259 17 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF BABOR COSMETICS SINGAPORE PTE LTD (IN VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap 50 that a Final General Meeting of the Member of the obovementioned Company
      259 words

  • FINANCE & commodities
    • 245 18  -  SGX Derivatives fadingßeport ST Index/MSCI S'pore Index Wong Ann Chuen THE Singapore stock market yesterday rose on the back of bullish banking stocks. The benchmark Straits Times Index added 13.45 points or 0.69 per cent to close at 1,960.31 points with 17 counters advancing,
      245 words
    • 216 18  -  MSCI Taiwan Index Lau Chee Keong THE Taiwan stock market could not sustain its early gains yesterday as it succumbed to selling pressure amid earnings concern and disagreements among members of the ruling party. At the close, the MSCI Taiwan index gave up 0.56 of
      216 words
    • 231 18 Reuters London The US dollar rose against the euro yesterday as optimism grew that the US economy and stocks might receive a new lease of life if the Federal Reserve cut rates again, possibly before its next policy meeting. Traders said key US consumer confidence figures, due today,
      Reuters  -  231 words
    • Article, Illustration
      1281 18 WTERBAMK CROSS RATES Feb C$ grefe £ur P" HK$ Ind Rs Bwpiafc Van Won BM HZSEUKs Ptso S$ Rand Sfr HT$ Baht Pound US$ Australia 0.809 4.371 0.574 3.769 1.124 4.108 24.557 51.638 0.612 6.570 2.001 1.209 31.810 25.398 0.918 4121 0 883 17 050 22 612 0 362 0
      1,281 words
    • 1951 18 SICOM FUTURES RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 01 101.25 Apr 01 103.00 800 May 01 W5.50 800 Jun 01 107.00 800 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Mar 01
      1,951 words
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  • STOCKS east asia
    • 2866 19 HONGKONG AFP Hang Seng -50.34 HONGKONG share prices fell 0.3 per cent yesterday amid a lack of fresh incentives and following weakness in US markets, dealers said. The Hang Seng Index lost 50.34 points to close at 15,230.22 on
      AFP  -  2,866 words
    • Article, Illustration
      517 19 Reuters Shenzhen A Index +&20 CHINA'S domestic A shares eked out gains yesterday as worried investors sought refuge in large cap counters with good earnings prospects after the government said it would delist companies with years of losses. Companies which had been in the red for two years swept
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  517 words
    • 2079 19 TOKYO AFP n Nikkei 225 -4tM TOKYO share prices fell 0.3 per cent yesterday as uncertainty over domestic politics triggered profit-taking in late trading, brokers said. The Tokyo Stock Exchange's Nikkei--225 index closed down 44.86 points at 13,201.14. The Topix of all issues on the
      AFP  -  2,079 words
    • 377 19 AFP WP Index -10.91 TAIWAN share prices closed 0.2 per cent lower yesterday due to selling of technology issues in anticipation of continued weakness in the US market, dealers said. The Taiwan Stock Exchange Weighted Price Index slid 10.91 points to 5,716.02, on turnover of NT576.54 billion. Risers outpaced
      AFP  -  377 words
  • Page 19 Advertisements
    • 61 19 ■Mi < *t >< I <£"[%» f IS 9 i: i 1 $1 1i» n S2 *v" *§f f,w -a .r& Sp.' m dif FißiiirWiißßi ILv ■< ft! <?mits |r ;'< i"5P> r s^SSHWro 2P*s *fe tj. *J& "<S»' #T "5 > *X *-<Wi *5 s "4' %l> Special Interest
      61 words

  • STOCKS klse
    • 9082 20 INDUSTRIALS Consumer products 2001 Last Vol Day Net Cap High Low Company Sale 'OOP High Low P/E $mil 340 300 Ajinomoto 312 unch 1 312 312 9.4 126.5 45 30 Angkasa 37 1 5 37 36 54.6 342 286 Apollo Food Hk) 330 unch 1 330 330 72 132.0 356
      9,082 words
    • 444 20 AFX-Asia PI Composite Index -LB2 MALAYSIAN shares closed lower yesterday in thin volume, with sentiment still undermined by a weak outlook for the market in an absence of fresh leads, dealers said. They said investors remain reluctant to commit to fresh positions ahead of
      AFX-Asia  -  444 words
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  • SGX clob & regional stocks
    • 2761 21 BONDS WARRANTS Fj^e t ,nh fnm/ Ufky lart 1« Day lasMaate kw% nim4 Crni tier Msc tftta Huh LOW Company Salt *ar- I'OOO) Hi* Law teyar Sato Met (aaatts) Ratio Price riirh|T lad 40 I s Acma W*****4 1 0.5 1 1 410 1 300 437 56 00 «i 24
      2,761 words
    • 309 21 AFP fl Composite Index +LBO SOUTH Korean shares rose 0.3 per cent yesterday with the index up 1.80 at 585.32. Volume was 444.3 million worth 1.8 trillion won. AFP »t>26 Won Anam Semi 4650 170 Brain Tecft 765 10 Central Bank 170 unch CheilComm *****0 -1000 Dae Gu Bank
      AFP  -  309 words
    • 288 21 AFP Composite Index -10.96 PHILIPPINE share prices fell 0.7 per cent in light trading yesterday with the Composite Index down 10.96 points at 1.636.04. Turnover fell to 593 million shares worth 498 million pesos compared to 1.9 billion shares worth 592 million pesos traded on Friday. Feb 26 Peso
      AFP  -  288 words
    • 260 21 AFP PMEE-40 +LB9 NEW Zealand shares closed 0.1 per cent higher yesterday led by gains in market leaders Telecom Corp, Carter Holt Harvey and Fisher and Paykel. The NZSE-40 Capital Index closed up 1.69 points at 1,983.72 on volume of NZ$Bl.9 million.—AFP ww mow Advantage HDS 1.53 -0.02 155
      AFP  -  260 words
    • 547 21 AFP Ordimtries *7JO A SURGE in BHP shares combined with another solid performance by the banking sector pushed the Australian share index 0.2 per cent higher yesterday, brokers said. The All Ordinaries index rose 7.9 points to 3,249.3 points while the SP/ASX 200 added 9.6 points to 3,301.6 points.
      AFP  -  547 words
    • Article, Illustration
      732 21 AFP p SET Index -191 THAI share prices closed 0.9 per cent lower yesterday amid profit-taking led by banks and financials as investors locked in gains following last week's late rise, dealers said. The Stock Exchange of Thailand (SET) Composite Index fell 2.91 points to close at 321.33 points,
      AFP  -  732 words
    • Article, Illustration
      728 21 AFXAsia kI Composite Index -&50 INDONESIAN share prices closed significantly lower amid concerns surrounding the escalation of ethnic clashes in Central Kalimantan and uncertainty regarding the next disbursement of IMF funds to Indonesia, dealers said. The Composite Index closed down 6.50 points or 1.48 per cent at 432.15 yesterday
      AFX- Asia  -  728 words
  • Page 21 Advertisements

  • 10357 22 SGX MADTBOARD Transaction date: Feb 26 Or Cr M Wt 52-Wk Last Vol Day Last Ouota Dlv Dlv Yld Nat Cap Avq High Low Company Sala OOP) High Low Buytr Seller Cvr P/E $mll Prlca MULTI-INDUSTRY 153 SI m c Ac ma 50c 56 -0.5 78 56 54.5
    10,357 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 281 23 Where to wine, dine and entertain...-^@HasSr jM^ Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: $25.80 (Adult), 40% discount (Child) Dinner $26.80 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011. Prices subject to service charge govt, taxes
      281 words
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  • Page 23 Miscellaneous
    • 829 23 TVETCTS r,<, i, fiT7ST—^Cmtral B*oo Spin Season 2. LOO AM Close. ILOO Asia Tonight. IVftITT.... 4 8.30 Under One Roof (See 11.30 W3(RL 9.00 AM .Kids Central: Our Choice) Chaimel NewsAaia 12.00 MN The World ToBlue s Clues. 9.00 Who Dares Wins. aaa A**ti ju nipht 9,30 Nini's Tree House
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    • 279 23 CRYPTIC CROSSWORD ACROSS through jail term (9) 1 SeJf-styted Adonis it's ridicu- 7 Rhyming lines, a pair at end of lous (3-6) sonnet (7) 9 Chemical one keeps in school 8 Reserve holiday in which to (7) practise (9) 10 Military band aspired to by pri- 13 Announce one's cleared
      279 words

  • KNOWLEDGE economy
    • 1510 24  -  Licensing plays a vital role in ensuring that a company's biotechnology is fully exploited. But negotiating such a licence with a suitable partner is often an art rather than a science, xicbexd Williams lists some basic rules that he tends to follow in negotiations on
      AFP  -  1,510 words
    • 802 25  -  HR professionals need to see the 'wider picture' in a business setting. Yet, says Mwanm. pttfield, they seem to be shunning MBA programmes MICHAEL PITFIELD The writer is director of corporate affairs at Henley Management College and special adviser to the Chartered Institute of Personnel and
      FILE PHOTO  -  802 words
    • 371 25 THE paper chase has been in full swing long before the national "campaigns" to encourage lifelong learning. Some 25,400 people in Singapore were enrolled in external degree programmes in 1999, a survey has found. About a quarter of them were doing
      371 words
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  • Page 25 Advertisements
    • 1428 25 I The Straits Trading Company Limited I II (incorporated in Singapore) l|| NOTICE IS HEREBY GIVEN THAT H K9 (a) The Directors have declared a second interim dividend of 3 cents per share, less Singapore income tax at 24.5% in respect of the year ended 31st December 2000, payable Ira
      1,428 words

  • NEW ASIA BIZ WOMAN
    • 453 26 Trends now have an average lifespan of just eight to 12 weeks AP [NEW YORK] IF the *****-inspired floral prints on the runways last fall and in the stores this month already look passe to you, you're probably not alone. The women's fashion trend
      AP; REUTERS, AFP  -  453 words
  • Page 26 Advertisements
    • 140 26 projecteyeball. JB. -^L i l§\ tt,v l f I To hell with conventional I wisdom. The heart /"f t his shot v.*-..,^' Eyeball. PLUS: Sacrificing for his art meant student Darrell Ang's parents had to sell off their terrace house to finance his musical training in St Petersberg Conservatory, Russia.
      140 words

  • SHIPPING TIMES
    • 285 27 Reuters FRESH demand looks set to extend gains in the panamax sector. Cargill was still seeking to cover a March 19-23,55,000-tonne cargo from Mississippi to Turkey, while Dreyfus required a Gulf to Japan panamax for March 2-15. The Baltic Panamax Index on Friday finished the week 49 points
      Reuters  -  285 words
    • 311 27 S6X '000 F«fc26 SS VI CWT Distribution 0.49 -0.01 20 ChuanHup 0.37 -0.01 272 Cosco Investment 0.18 -0.01 129 Freight Links O.TI unch 57 GB Holdings 0.50 unch 0 IMC Holdings-HK 5.60 unch 0 Jay* Holdings 0.16 0.01 447 Keppel Corp 3.44 -0.02 421 Keppel FELS 1.03 -0.01
      311 words
    • 559 27  -  It aims to reach target by upgrading private maritime training academies By Donald Urquhart [SINGAPORE] Fresh from what some consider a surprise inclusion on the International Maritime Organisation's (IMO) "White List", Indonesia is aiming to boost the ranks of its international seafarer
      RICHARD CHNG  -  559 words
    • 70 27 [SYDNEY] The ferry Collaroy aground at Manly Point below an apartment building 11.2 km from Sydney yesterday. The ferry, carrying 500 people, hit the rocks after a mechanical problem with its steering, injuring one person. Passengers were transferred from the stricken vessel to other harbour transport
      REUTERS  -  70 words
    • 61 27 [LONDON] French liner operator CMA CGM is moving into the cruise market after being named as general agent for France for US-based Renaissance Cruises. "The European cruise market is still under-developed and therefore offers interesting prospects of high level growth,' the company said. A new
      61 words
    • 546 27 Merger in October 2002 will create Japan's No 2 shipbuilder Bloomberg [TOKYO] Hitachi Zosen Corp, a mid-sized maker of ships, will merge its shipbuilding operations with those of steelmaker NKK Corp in October 2002, creating Japan's No 2 shipbuilder. The merged business will
      Bloomberg; FILE PHOTO  -  546 words
    • HONGKONG port
      • 538 28  -  Hongkong should expand its role as a port to the mainland, a report says. P T BANGSBERG nas the details P T BANGSBERG WITH the return of sovereignty to China, Hongkong's traditional maritime role is changing, experts say, and the term "port" should not
        FILE PHOTO  -  538 words
    • 182 28 PAGE Appenship 5 Assets 5 Austral 6 Balaji Shpq 5 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 Columbus 6 COSCO 3 CSAV 3 Central Ex 6 Cho Yang 5 China Shpq 5 Cougar 7 CWT Globelink 7 Dehnas 4 Djak Lloyd 6 Dongnama 3 Eastrans
      182 words
    • 20378 34 THEBUSINESSTIMES THEBUSINESSTIMES Page 8 EXPORT TUESDAY, FEBRUARY 27, 200 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'ivoire 06/03 W/04 Delmas VILLE DE MIMOSA V42W 65-*****44 07/03 14/04 COSCO EMPRESS SEA 0107W 65-*****00 13/03 17/04 Delmas VILLE DE TANYA
      20,378 words
    • SHIPS IN PORT
      • 755 37 Vessel Voy No Berth Arrival Departure Dewi Seraya 01-JAN 'jCB 26/02/825 26/02/21:00 Bt R8 4269 201 J01 26/02/9:10 26/02/16XX) Winstar 2 024S01 J03 26/02/7:20 26/02/21:00 C Success 26-FEB J10 26/02/9:25 26/02/13:30 Bayswater118 M1055 J02 26/02/8:55 26/02/20:00 Bt Masita Feb-25 J01 26/02/9:15 26/02/15:30 Pacunton2201 2201 J18 26/02/10:40 26/02/17:00 Royal
        755 words
      • 1967 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balancf Rstis Ship Voy Ho Etb/Btr Pttiod From To From ACHIEVER 396 1/12:00 I* 26/800 26/1659 26/1900 II 26/1500 26/1659 26/1900 2A 26/1700 27/0659 27/0900 21 26/1700 27/0699 27/0900 3 27/0700 27/1159 27/MOO 4 27/1200 27/1489 27/1700 API MALAYSIA 0021
        1,967 words
      • 206 37 Marl South Korea: Independence Movement Day. Mar 6 Brunei: Hari Raya Haji. Indonesia: Idul Adha A.H. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Mar 17 Ireland: St. Patrick Day. United Kingdom: St.Patrick's Day. Mar 20 Japan: Vernal Wquinox Day. Mar 21 Mexico: Benito Juarez Day. Mar 20
        206 words
      • 780 37 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
        780 words
      • 608 37 Carto* 180 Max 981.5 0.4 15.9 0.06 42 0.03 Ft* 22 [tensity Weter Bttdiw Art Atomhttem SgdlgMt No above E25 0 0 1 0 0 0 %H/M 380 Ave 985.7 0J 13.0 0.06 27 0.01 Cin* 380 Max 989.7 0.7 14.8 0.09 52 0.03 tt/Hl %W
        608 words
    • AIR & LAND transport
      • 820 38 Int'l firms concerned about interference in management of Air India, Indian Airlines IHT [NEW DELHI] The Indian government's auction of the two state-owned airlines, Air India and Indian Airlines, appears to have gotten off to a bad start because of widespread fears
        IHT  -  820 words
      • 558 38 But Swiss group may drop 49-5% stake in Belgian airline in the mid-term Reuters [ZURICH] SAirGroup could dump its 49.5 per cent stake in Belgian airline Sabena in the mid-term, but for now the Swiss group and the Belgian state will approve
        Reuters  -  558 words
      • 430 38 Carrier refuses demand to cut slots at Sydney airport Bloomberg [SYDNEY] Ansett Holdings Ltd's bid to buy Hazelton Airlines will probably be blocked by Australia's corporate regulator because the carrier refuses to cut morning peakhour landing and takeoff rights at Sydney airport. Australia's
        Bloomberg  -  430 words
      • 134 38 Bloomberg [SEOUL] Inchon International Airport Corp, the operator of South Korea's newest international airport, said landing and usage fees at the facility will be 20 per cent above those of Seoul's Kimpo International Airport. A Boeing Co 747-400 plane will be
        Bloomberg  -  134 words
      • 1820 38 cm man m man n» MM mzn 2230 IH6380 2230 S0229 2230 Amsterdam S023 0640 GA974 0120 KL0837 1535 U0644 0125 KL0838 2330 $024 2340 Wrtii WOC 0M5 Mtmm S0347 QMS $0348 2255 Auckland K223 1850 NZ4285 2045 $***** 1650 $0285 2045 N***** 2020 $0286 2020
        1,820 words
      • 89 38 [SEOUL] The last plane built under the McDonnell Douglas, the MD-11, lifts off from Long Beach Airport. The MD-ll cargo plane, purchased by Lufthansa German Airlines, was the last of the tri-jet aircraft built at the Boeing Co plant in Long Beach, California, ending a 30-year
        AP  -  89 words
      • 220 38 Bloomberg [SEOUL] Korean Air Co, Korea's largest airline, will increase its passenger seat capacity on the Seoul-Tokyo route by 6.7 per cent to meet rising demand between the two capital cities, the Korean government said. KAL will offer eight weekly flights on the route
        Bloomberg  -  220 words
  • Page 27 Advertisements
    • 14 27 Do you need to register a vessel? Click on www.maritimeChain.com for more information. A
      14 words
    • 126 27 GLORY SHIP MANAGEMENT 1 f PTE LTD m I Due to our recent fleet expansion programme, we invite I suitably qualified and experienced personnel for the following K new positions/ appointment:W Working experience in a Shipowner's or Shipmanager's office JO I Ability to work independently and to lead a section
      126 words

  • Page 28 Advertisements
    • 726 28 I NORTH AMERICA GULF/INDIA SUB-CONTINENT 1 |SUPER SHUTTLE EXPRESS (SSX) |GULF KARACHI EXPRESS (GKX) VESSfI VOY IGB PUANG VISStt VOY W MM MD SM 00Q CALIFORNIA 51W06 14/02 04/03 04/03 P 0 NIDUOYD AfAM ~l 517S 04/03 PtO NEDUOYD MALACCA 0* 03/03 04/04 11/03 OOCI NEW YORK 11W07 21/02 11/03
      726 words
    • 821 28 Liras services represented by f; Members of the Registry of Members of Accredited Shipping Agents. Singapore logistics Singapore Shipping Association Association g UIY UNC MALE vessel Tvoy pna T7» T~n* P. RUNG SPORE MALE Princess Lily VO2Ol 23/02 24/02 03/03 Empress Lily VO3Ol 12/03 13/03 20/03 Princess Lily VO3Ol 25/03
      821 words

  • Page 29 Advertisements
    • 1171 29 SAX SERVICE (DIRECT) VESSEL VOY SIM ETA LAX OAK DAL HOU CM COL MEM ATL NYC APL SARDONYX 026E 17/01 01/02 05/02 05/02 05/02 05/02 05/02 05/02 06/02 06/02 API TURQUOISE 040E 24/01 08/02 12/02 12/02 12/02 12/02 12/02 12/02 13/02 13/02 API JADE 026E 01/02 ***** 19/02 19/02 19/02
      1,171 words
    • 1392 29 TO: COLOMBO 1 EVERY MONDAY I (T/T: 4 PAYS) J ITU smGSSMw S«w 43 F S lt UY>l Ct; rSSmSg* COSTAR SNIFFING FTE LTD tti. OO* 1000 (MAINI INWARD (D/O) *****56 *****19/49 PEMANG 04-*****99 04-*****99 CR NO; **********0 M TIL 226 900 (MAIN) MMOWV) Jgvg *****16/46 KUANTAN 09-*****98 09-*****98 CONVENTIONAL
      1,392 words
    • 396 29 BIKHOM6BW6 103S 2VO? 27 AC 103N 20/02 04/03 01/P3 13/03 09/P3 09/03 103S JMI M/ 03 09/03 !|ji j$S =5,5aqut mil D 3/03 07/03 09/03 Bg^^^^^M^TTfT7TfirTT7TTrMWiMII^W UOTKffIIMG US 04/03 06/03 103* 07/03 U/M _13/03 20/ M 16/03 16/03 Dl( I HBO^Hju^HAt^HislH amiASAii ~~IOS~ K/itt l 5/03 20/03 10/03 pMMQhC DM
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  • Page 30 Advertisements
    • 1238 30 SENATOR LINES TO EUROPE TO MHMXf EAST/RAN/RH) SEA _wssa *21 J«L_ UH rtm ahr ham rrv fix Ivessel Tvot sm 11/ du kd film I uiyni mcwvnov 1403 I 7? 3 19 03 0J 24 03 "»3 AIFARAMM 001JW 24.07 ~0103 IM3 UM~ HANAN NEW TORK 01I0W 02.03 24.03 25.03
      1,238 words
    • 774 30 pAM MAC-NELS S'PfIRF M'SIA C«Tfr WW CONTB UHES, INC RauoANoxwuMra LJ\y v J 2!L l ??!J 1 eTeeeeee SIBU: *****8 MANILA: (632) *****24 PENANG: (04) *****38 BANGKOK: (862) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT (21)*****45 KUCHING (082)*****1-3 lAEM CHABANG HO CHI MINH MV "ASIMONT" V.L8047 MV "KITI
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    • 649 30 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOfl N SHEVA (CFS MULUNO, MUMBAi) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0. POINTS Vessel S PORE N. SHEVA COCHIN COLOMBO P KLANG FRONTIER VIO6W 04 MAR 13 MAR 16 MAR 19 MAR 23 MAR PU GLORY V.106W 11 MAR -.£0
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  • Page 31 Advertisements
    • 1511 31 I VESSEL VOY KHH HKG [SIN I PKt DXB BAB DMM BIK IRAN HORMOZGAN PCL-196 27/02 28/02 03/03 04/03 11/03 12/03 14/03 16/03 IRAN TEHRAN PCL-197 06/03 07/03 10/03 11/03 18/03 19/03 21/03 23/03 IRAN TABATABAEI PCI-198 13/03 14/03 17/03 18/03 27/03 28/03 30/03 01/04 IRAN KERMAN PCL 199 20/03
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    • 350 31 I Loading for I OCEAN ISLAND RDM/ATW/BMNAJK I Loads Singapore. EVW Maiaysta. Indonesa I Loading for LOK KRANTI JDH/AQA/ADN ARETE JDH/AQA/DMT BAN ANN D6VABU/DOH/BRN/DMM/KWT SAFEER JDH/AQA/DMT EVDOXIA HDCVJDH/AQA VI HELLAS D6VABUAX)H/BRNA)MM/KWT SUN ACE DBt/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, E7W. Malaysia, Indonesia ILoachng for I TAi CANG HAJ VCB/VCW/LAX/MZL I OCEAN GOLD CAM/NFK/SAV/NOL
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    • 1647 31 EUROPE EXPRESS SERVICE EXPORT IMPORT HJ ROTTERDAM 013W *27/02 16/03 17/03 13/03 19/03 20/03 *21A13 HJ BEUMG 0251 08/02 10/02 t 15/02 04/03 PORTUHOSEN tMZS&MMiI 26/03 27/03 20/03 HJ LONDON 0341 15/02 1 7/02 19 02 22/02 11/03 SSI {w-wwii-fiiggiHgMig' a«iaiß sfeJiHlfll -imrinhH-ir/orn/w Wiu\ii/u-Wim mcani -m aim it'/ti if/irW/oi oi/m
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  • Page 32 Advertisements
    • 848 32 MEDTORRANEAN/ BLACK SEA/EUROPE SERVICES EXPORT VESSEL/VOYAGE |SGP |«0 jVKNIOB |MU Irpm" IHV jfflP jZEE OVD3 16/D3lB/03 2CVD3I2Z/D3 21/D3 23UH3 2S/D3 2M03 amsmmam 11/03 ?3A)a25/03)27/03 29/D3 28A13 30/03 oi/tM 02AM II URBAN OC6UIIW IMB 30/03i01/04 03/04 05AM 04/04 otyo4 06/04 09/04 IT UNTY 0087-016W 2MB 06/*****/04 IQ/04 12/04 11/04 13/04 ISAM
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    • 365 32 ARABIAN HRSAW OUUF/KIAN SUB COMIPgMT SWVWE ■XPORT VESSEL VOYAGE SGP CM! DUB JBA ABU DMN BAH KM NXV OmJHE OOOSW 02/03 13/03 15/03 19/03 UNI ASPIRE 0654-030W 04/03 09/03 14/03 15/03 UNI ANGEL 0166-032W 06/03 10/03 16/03 19/03 SONGHE 0162W 09/03 20/03 22/03 26/03 UNI ASSURE *****19W 11/03 16/0321/03 22/03
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    • 1077 32 ■AWOKOK/MAP TA PWUT/LAiM CHABAHO JAKAWTA/PAMJAWQ vissa voy m w mtt lch vissa vor sin jkt fjn Mil S37N 21/02 04/03 03/03 MIBUS 420S 71/ol 04/03 02/03 MATH!)I HUM" SOSH 78/02 03/03 HAtl IHUM 421S I 03/03 06/03 ANAN IHUM"* ?04H 28/0? 04/03 02/03 WUNG GUttY' 051 04/03 07/03 CHANABHUM 163N
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    • 503 32 INDONESIA NATIONAL LINE TO AUSTRALIA H FULL CONTAINER SERVICE vs. _vor p«g aw nt w in w «n fre pondubah us i*/03 11/03 20/03 23/03 VirVOKY "5T 12/03 13/03 19/03 25/03 27/03 30/03 roTSown on 19/03 20/03 30/03 01/04 03/04 ot/04~ MTKHBPI Ots 26/03 27/03 02/04 01/04 10/04 13/04 FEEDER
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  • Page 33 Advertisements
    • 414 33 BSA A. Wm MYANMA pBBk FIVE STAR LINE (Myanmar National Line) w Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 290W SID BAGO 118W SLD MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL HI 03-24)7300 PKL Til 03-*****101 PEN: TEL 04-*****02 PGU: HI 07-*****21/4 BANK LINE (A service of Andrew
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    • 1270 33 HYUNDA^^ERCHAhnjWARINECO^TD^^^^^ IVESSE VOY IflHI SOU I IH4 I RTRR I AWT I HAW |WV IVISSa VOY I SOU UH I RTM 1 ANT I HAM 1 BRV ISM I API AIMANDM V32OW 01/03 19/03 24/03 21/03 22/03 MAAS VL5411 09/02 10/02 04/02 06/02 28/02 MOLTYNE V.542W 02/03 23/03 24/03 18/03
      1,270 words
    • 697 33 v&v WALLENIUS WILHELMSEN TO WORTH AND UTIN AMtKIC* 'Oil ROUP HEAVYUFT SERVICE' [VtSStL VOY RAMP HEIGHT SIN I LBC MAO MIA SAV »Ai I ORF NYC I NEW I MOt I TOURCOING AH 106 4001 MS 6.3 M 11/03 14/04 17/04 19/04 21/04 22/04 24/04 28/04 29/04 IAPKHA AHIO7 400T«as
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  • Page 36 Advertisements
    • 66 36 AfiTU WQv SINGAPORE PTE LTD 15 McCallum Street #03-01 A 32 Natwest Centre Singapore *****5 mmm mmmmmm Fit (65) *****66 Enuil: |cncrs)occusin 6Gilinc.nct RICKMERS EAST MALAYSIA L■W t Kuching/Kota Kinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 KYOWALINE COCOS CHRISTMAS ISLAND WESTERN AUSTRALIA Guam/Saipan/ Turn to PagcS Daily iy Micronesia
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  • Page 37 Miscellaneous
    • 130 37 LEGEND: Issued by Meteorological Service Singapore f<£ Thunderstorm A Showers y^\ Rain Temperature C s-Y Wind direction and speed in knots A Weather w Cloudy Day C^ 3 Hazy Sea Conditions Wind speed symbols < O Full circle w/o line indicates calm or light and variable winds -One half fleche
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