The Business Times, 1 May 2001

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Microfilm: NL22890
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, MAY 1, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    78 1 SH 1,722.72 (+36.27) BT-SRI 68L42 (+9.33) ST INDEX FDTDBES 1,*****0 (+27.00) SIMSCI FUTURES 214L80 (+4.10) STOCK MARKET INDICES Monday Chanue KLSE COMP 584.50 -LI7 NIKKEI 225 dosed HANG SENG dosed SET INDEX 300.63 +142 JAKARTA COMP —***** +6.67 MANILA COMP __L37&84 -41.52 TAIPEI WPI 5,381.67 45.00 SEOUL COMP
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  • Article
    Lock icon FINANCE
    76 1 FOREX BATES us$ s$ USS (SS per US$) lilt £(US$/S$ per 1.437 1614 EU80(US$/SS/E) 0.891 L621 DM 2.196 1307 YEN 1219 68.10 BM 1800 1080 HKS 7.799 4187 BAHT 45.60 2107 BUFIAH ***** 6,373 PBIME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK 8.50 MANILA 11.00 HONGKONG 8.50
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  • Article
    Lock icon RTC saga settled for over $50m: sources
    746 1  -  In ont of court deal, Lawrence Ang and 3rd parties will buy ont Peter Lim, Dennis Foo Byl Conrad Raj [SINGAPORE] The long-running court battle for control of the Raffles Town Club has finally been settled out of court. The club's executive chairman,
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  • Article
    Lock icon Growth to slow further before picking up: PM
    741 1  -  But problem is not systemic, so there's no cause for alarm, he says By < Chuang Peck Ming [SINGAPORE] It's going to get worse before it gets better. Economic growth, which fell to 4.6 per cent in the first quarter, is likely
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  • Article, Illustration
    Lock icon Raffles Holdings appoints two women as deputy CEOs
    531 1  -  Leong Wai Leng quits Natsteeltojoin veteran Jennie Chut By\ Kalpana Rashiwala [SINGAPORE] Two women of substance Leong Wai Leng and Jennie Chua will help shape Raffles Holdings Ltd's (RHL) fast-expanding empire. They were yesterday appointed deputy CEOs of the listed hotel group.
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  • Article
    Lock icon M'sian ex-police chief jailed for Anwar beating
    411 1 Abdul Rahim's appeal is dismissed, RM2,000 fine is re-imposed AP MALAYSIA'S former police chief was sent to prison yesterday by the Court of Appeals for beating jailed politician Anwar Ibrahim in 1998, more than a year after being convicted of the crime. A
    AP  -  411 words
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      144 1 nnaPE Top stories Warren Buffett tells Investors to scale back expectations. Mmxt Page Parliament issues second censure against Gus Dur. Next Pmge Coup bid fizzled out without army suport: Arroyo. Next Page CEO of Network Teleports: from music to broadcasting. Pg 20 Campus Life College education Down Under is affordable.
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      15 1 Han Cheng Fong i§ fpheCEQiiJ ]p ■n»»3 Expect major changes, says Lee Han Shih ■Nit
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Beaten to a pulp
        106 2 AS fears grow over the possibility of more debt waiting to be uncovered at Indonesia's Asia Pulp Paper Co (APP), it is worth recapping the names of the investment banks which flogged its more than US$l3 billion (5523.7 billion) worth of now "dud" bonds. According to
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      • Article
        Lock icon Can't paper over the cracks
        92 2 MORE on APP. One source told Grapevine that many paper product prices may finally be on their way up now that APP is unable to dump its output on the world market. "Earlier, in their desperation, APP slashed prices just to get orders but now
        92 words
    • Article
      Lock icon Coup bid fizzled out without army support, says Arroyo
      488 2  -  Govt ready to crash Estrada allies who revolt, she warns Fromi Al Labita in Manila AN attempted coup by loyalists of disgraced former Philippines president Joseph Estrada on Sunday night fizzled out from lack of support, President Gloria Arroyo told a
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    • Article
      Lock icon Parliament issues second censure against Gus Dur
      719 2  -  But search for compromise solution continuing behind the scenes From Shoeb Kagda in Jakarta INDONESIA'S Parliament yesterday issued a second censure against embattled President Abdurrahman Wahid, raising the political temperature to a new high, but the besieged leader's political career may not be
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    • Article, Illustration
      Lock icon Scale back unreal expectations, says Buffett
      1029 2 He repeats his preference for baying whole companies rather than stocks Reuters [OMAHA, Nebraska] Warren Buffett told his followers to scale back unreal expectations of his firm Berkshire Hathaway Inc, as the billionaire investor warned that corporate America's hopes for profit growth, and investors'
      Reuters; AP  -  1,029 words
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      30 2 pEtToiTI Lianhe Zaobao llnteriiew I I with Minister Mah Bow Tan I I on government's I I land sale.. I I policy! I I I I jm <■ v '<' yj -dWra^B
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Centrepoint to review business to boost ROE
      591 3  -  It wants to focus more attention on development properties By Andrea Tan EVEN before he's in the driver's seat, Centrepoint Properties' CEO and deputy chairman designate Han Cheng Fong has rolled up his sleeves. Dr Han, who replaces CEO Jeffrey Heng today, said
      ARTHUR LEE  -  591 words
    • Article
      Lock icon SCV, Sta Hub confirm talks for possible merger
      430 3  -  By\ David Boey STARHUB and Singapore Cable Vision (SCV) said yesterday they are "in talks to explore the possibility of a merger" and will release more details "in due course" but they did not say when. Analysts said the proposed tie-up should
      430 words
    • Article
      Lock icon CapitaLand, Parkway surge on sale talk
      226 3 Reuters SHARES of Capita Land Ltd and Parkway Holdings Ltd surged yesterday on speculation that the largest listed property firm in the region had found a buyer for its stake in the healthcare group, brokers said. By close, Capita Land finished at the day's
      Reuters  -  226 words
    • Article
      Lock icon European pension funds moving into hedge funds
      656 3  -  locksiew neil behrmann Concerned about the performance of their portfolios, a growing number of European pension funds are investing in hedge funds and other alternative investments. These pension fund managers, who are following their counterparts in the US, believe that the variety of
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    • Article
      Lock icon IDD rivals to pay SingTel, StarHub
      366 3  -  Two telcos will charge for toll-free calls made through their payphones By\ Rachel Ong FROM June, some 30 international call providers will have to pay Sing Tel and Star Hub for calls made through public payphones owned by the two companies to the IDD
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    • Article, Illustration
      Lock icon EasyCall staff retrenched to curb high burn rate: CEO
      766 5  -  Affected staff mainly at Internet Data Centres in S'pore, M'sia, Philippines By\ Serena Ng BOUSTEAD Singapore's takeover of Easy Call International should be finalised by tomorrow, and Boustead will look closely at Easy Call's business over the next 12 months to
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    • Article
      Lock icon DBS says it won't enter home loan price war
      290 5 SINGAPORE'S biggest mortgage lender, DBS Bank, said yesterday it would not take part in a price war by cutting housing loan rates but it would offer customers lower rates on an individual basis. "We are not cutting our published rates but
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    • Article
      Lock icon Inno-Pacific shares tumble over capital reduction plan
      187 5 Reuters SHARES of Inno-Pacific Holdings Ltd tumbled as much as 34 per cent yesterday morning after the Singapore restaurant operator and franchiser unveiled a proposed capital reduction plan late last week. By noon, the stock had recouped a chunk of the losses and
      Reuters  -  187 words
    • COMPANY Briefs
      • Article
        Lock icon Vickers gets nod for DBS acquisition
        79 5 VICKERS Ballas Holdings shareholders yesterday voted in favour of the acquisition of the company by DBS Bank as well as the distribution in specie of Vickers Capital (VC) shares, which are expected to be credited on or around May 31. Payment of the 90
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      • Article
        Lock icon FHTK gets extension from creditors
        105 5 AFX-Asia FHTK Holdings Ltd said its creditors have agreed to extend the time frame for the implementation of its debt restructuring scheme to Aug 15. At the same time, the company is reducing its capital by cutting its share par value by 15 cents each
        AFX-Asia  -  105 words
      • Article
        Lock icon Low Keng Huat earnings dive 47%
        91 5 CONSTRUCTION, property and hotel group Low Keng Huat reported a 47 per cent fall in group net profit for the year ended January 31 to $1.9 million. This was due to an 8 per cent drop in turnover to $176.8 million and increased interest
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    • Article
      Lock icon SembLog, Haisan Resources in tie-up
      185 5  -  It will offer third-party supply fthtiw management services in ITsia By' Vince Chong SEMBCORP Logistics (SembLog) will partner Malaysianlisted Haisan Resources to offer third-party supply chain management services in Malaysia. Initial paid-up capital for the joint venture company to be named SembCorp Logistics (Malaysia) is
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      11 3 Why Centrepoint Prop may be facing a name change, Pg 6
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      113 3 Stow B www.bettertechnology.com The knowledge partner for global companies: Respected and trusted by the largest corporations through references on five continents stable and safe growth proven, own and acquired, better technologies a unique teaching and learning community for over 30 years. Recent major accomplishments: Sludge hard pelletiser installation, Sao Paulo,
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon China, healthcare plays shine as STI surges 36 points
      617 4  -  -11 comment STOCKS r. sivanithy THE Singapore stock market enjoyed a broad rerating yesterday as sentiment improved after Friday's release of better-than-expected US economic growth figures. Apart from indexlinked stocks, there was strong interest in counters with solid China exposure and
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    • Article, Illustration
      Lock icon Multi-Chem wrt: attractive
      175 4  -  WARRANT WATCH By R Sivanithy WE seem to be in the midst of a penny stock rally at the moment, so perhaps it would be prudent to focus our attention on this area. Despite the rally there are plenty of low-priced counters around from which to choose
      175 words
    • Article, Illustration
      Lock icon Tianjin Zhong Xin has more upside
      234 4  -  HOT STOCK By' Ven Sreenivasan THE stock ofTianjin Zhong Xin Pharmaceutical Group Corp surged yesterday on news that its shares will be listed in Shanghai. The counter leapt 11.5 US cents or 38 per cent to US$O.42 its highest close since June 2000. A
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    • Article
      Lock icon US$ lower against yen
      488 4 AFP [SINGAPORE] The US dollar was lower against the yen in Singapore yesterday amid thin trading interest due to a public holiday in Japan, dealers said. At 1615 pm, the greenback changed hands at 123.80-85 yen, down from 124.00 yen in New York and 124.04-07 in
      AFP  -  488 words
    • Article
      Lock icon Untitled
      346 4 Slock* Volume Parkway H 25c 24,714,000 North 22 USlc 22,385,000 GES Int! Ltd 20c 14,962,000 SingTel 15c 14,105,000 AddvalTech 2.5c 13,078,000 PCI 25c 12,996,000 Hotung Inv NT5 12,090,000 Hyflux5c 11,856,000 Chart Semiconductor 26c 9,608,000 Lankom US2c 9,397,000 Stocks Chart Semiconductor 26c 52,727,450 VentureMfjg25c 47,534,700 Datacraft 10c 31,859,538 SIA 29,437,135 SingTel
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2725 4 UNIT TRUSTS FUNDS Manager's prices (Ss):May 1 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.776 0.816 Global Technology Fd!** 0.674 0.708 UK Blue Chip Fd!** 0.795 0.836 American Opport Fd 0.872 0.917 Cont Euro Eqty Fd!** 1.100 1.156 Japan EqtyFd!** 1.238 1.301 Asian Fixed Income Fd 1.100
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      29 4 EXECUTIVE Get up-to-date on the property market, and look out for our new weekly legal matters column, interior decor, architecture and gardening stories. In The Business Times every Thursday.
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      33 5 afeZ ■1 m \JB i*~ J^mP^ jf mV; ■-■■-v I Potence ICM£>?3l IVsi«in.(ltncvlol>ratfthc *f/^Pf powvr of wrv .small things Wl- <•;., ;^t' S *i > *is?"- 19 t$- k< < ki;^^ aspial Inspiration sees beyond. I
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Why Centrepoint Prop may be facing a name change
      746 6  -  Il comment PROPERTY PROPERTY FOCUS With a fast-moving new CEO at the helm, shareholders had better hang on tight for a ride through new territory lee han shih DON'T be surprised if Centrepoint Properties Ltd (CPL) changes its name. Under its
      746 words
    • Article, Illustration
      Lock icon Q1 take-up for JTC factories hit by poor demand
      455 6  -  Gross allocation of flatted factory space down 35%, net allocation falls 62% By Vince Chong A DIVE in demand for JTC Corporation's flatted factories characterised the government industrial landlord's first-quarter performance this year. It caused an overall slowdown in take-up for
      FILE PHOTO  -  455 words
    • Article
      Lock icon Agents can get info on their Palms
      445 6  -  i exclusive EON has developed a wireless service giving property information via Palm haniihAlrig By' Vince Chong PROPERTY agents will now be able to raise their efficiency via Realxchange, a wireless application service used on Palm handhelds, which gives agents immediate access to
      445 words
    • Article
      Lock icon Voluntary retirement shop tenants get notices
      197 6 THE first 275 tenants of older Housing and Development Board (HDB) shops to be offered voluntary retirement were notified yesterday. HDB said they will have until July 31 to decide whether to quit or keep their businesses. The Voluntary Retirement Scheme is part of
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    • Article
      Lock icon Nominations coming up for Achiever of the Year
      144 6 THE hunt is on again for the Achiever of the Year, which recognises an individual who has made a significant contribution to the Malay community in Singapore. Now into its third year, the award is a recognition of perseverance, integrity and determination.
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    • Article
      Lock icon Tokai signs US$150m loan with Sumitronics
      129 6 LEADING banking and financial group Tokai Bank of UFJ, yesterday signed a US$l5O million loan agreement with seven companies in the Sumitronics Asia group. Sumitronics Asia is a wholly-owned subsidiary of Sumitomo Corp of Japan and has had its regional headquarters in Singapore since
      129 words
    • Article, Illustration
      Lock icon Bank lending in March up 7.1% at $157b
      335 6  -  =tf=4 on the economy bank loans By Ling Su Ann BANK lending weakened in March compared with February, but year-on-year growth was stable, figures released yesterday by the Monetary Authority of Singapore (MAS) show. Bank loans to non-bank customers totalled $157 billion
      Source: MAS  -  335 words
    • Article
      Lock icon Making remisiers market unit trusts hurts bourse
      350 6  -  Yap Swee Hoo President Society of Remisiers (Singapore) via Internet I MUST thank Mr Narayana Narayana for his letter "Remisiers know their risks and should float with the tide" (Mailbag, April 16). He is quite right to point out that "poaching" by member
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    • Article
      Lock icon Profit warnings should be made clear
      525 6  -  MAiLirrm Chia Hui Ping Singapore, via Internet I REFER to your articles "Hai Sun Hup issues profit warning on weak As, NZ$" by Conrad Raj (BT, April 24) and "Prima gets Sri Lanka concession" (BT, April 27). The first stated that HSH's profit for
      525 words
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      65 6 We welcome letters. E-mail us at btietterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind libel
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  • REGIONAL news
    • Article
      Lock icon KL asks unions to call off planned protests
      478 7 KUALA LUMPUR Unions are planning to organise massive picket during a meeting of Asean labonr ministers AP TOP Malaysian government officials are negotiating with union leaders to try to defuse plans for a massive picket during a meeting of Southeast Asian labour
      AP  -  478 words
    • Article
      Lock icon Gadek in talks with lenders and banks on debt revamp
      257 7 KUALA LUMPUR AFX-Asia GADEK (Malaysia) said it is currently in talks with creditors, including guarantor banks, regarding a possible debt restructuring, to be arrived at in conjunction with the Corporate Debt Restructuring Committee (CDRC). "We expect to work out a
      AFX-Asia  -  257 words
    • Article
      Lock icon Group launches campaign for release of 10 M'sia activists
      272 7 KUALALUMPUR It comprises the opposition, human rights groups and onions AP A NEW coalition of opposition, human rights groups and unions yesterday launched a nationwide campaign to lobby for-the release of 10 Malaysian anti-go vernment activists who are being detained without
      AP  -  272 words
    • Article
      Lock icon Look at the facts, ignore the rumours, Daim tells investors
      262 7 LANGKAWI THE people must view and interpret corporate world dealings based on facts and not on rumoui%, Finance Minister Daim Zainuddin said. A report in The Sun yesterday quoted Mr Daim saying the people (investors) should not be easUy taken
      262 words
    • Article, Illustration
      Lock icon EL scrambles to make KLIA a regional air hub
      372 7 AP [KUALA LUMPUR] Malaysia is looking for ways to turn its main airport into a regional aviation hub, including strategies to increase flight frequencies and improve operational and service standards, a government-appointed economic body said yesterday. The National Economic Action Council
      AP; FILE PHOTO  -  372 words
    • Article
      Lock icon China holds key to regional economic stability: Perc
      722 7 Moves to devalue yuan to protect China's export competitiveness will have severe repercussions AFP [SINGAPORE] China holds the key to Asian economic stability amid the US-led global slowdown and Japan's decade-long economic stagnation, according to a regional report. Asian economies are now
      AFP  -  722 words
    • Article, Illustration
      Lock icon APL set to move from Northport to Westport
      424 7  -  Star report says one service shifted, remaining two to follow snit From, Eddie Toh in Kuala Lumpur AMERICAN President Lines which is owned by Singapore's Neptune Orient Lines is set to move its operations from Malaysia's Northport to Westport, which is managed
      FILE PHOTO  -  424 words
    • Article
      Lock icon Philippine central bank to keep rates steady
      242 9 MANILA Reuters PHILIPPINE central bank governor Rafael Buenaventura said yesterday the bank does not intend to change its key overnight interest rates to arrest the slide in the peso set off by political worries. Asked by reporters if the bank plans to hike
      Reuters  -  242 words
    • Article, Illustration
      Lock icon Thaksin drops controversial appointment after outcry
      356 9 BANGKOK Nominated airline board member replaced because of charges of cronyism AP BOWING to widespread criticism, Thai Prime Minister Thaksin Shinawatra announced yesterday that the government would withdraw a controversial appointment to the board of directors of state-owned Thai Airways International. Mr Thaksin made
      AP  -  356 words
    • Article
      Lock icon Thai growth slows in Q1 on 1.3% export contraction
      333 9 BANGKOK Manufacturing Production Index up mereL4%y-o-y Reuters THE Bank of Thailand (BOT) said yesterday Thai economic growth slowed in the first quarter as exports declined due to slowing global markets. Central bank economist Chittima Duriyatrapan told reporters exports contracted 1.3 per
      Reuters  -  333 words
    • Article
      Lock icon KL, Jakarta seek boost for palm oil market from China
      226 9 KUALA LUMPUR Reuters MALAYSIA and Indonesia have urged China to release its second batch of palm oil import quotas for this year soon to ease pressure in the sluggish market, Malaysian Primary Industries Minister Lim Keng Yaik said yesterday. China's
      Reuters  -  226 words
    • Article
      Lock icon China's 3 futures exchanges to be linked by computer
      554 10 SHANGHAI From next Tuesday, investors can trade all contracts using a unified platform Reuters CHINA'S three futures exchanges will be linked by a computer network next week to facilitate trading and cut costs as part of government efforts to reform the
      Reuters  -  554 words
    • Article
      Lock icon China orders liquidation of Great Wall Trust: report
      517 10 BEIJING Govt nod for trnst law to help capital markets grow Reuters CHINA has wound up the last remaining trust owned by the 'big four' state commercial banks in a sustained clean-up of the troubled sector, the Financial News reported yesterday. The
      Reuters  -  517 words
    • Article, Illustration
      Lock icon Mixed 2000 performance from China's listed banks
      581 10 SHANGHAI Smaller ones cash in on rapid expansion, larger ones lose growth momentum Reuters CHINA'S listed banks reported mixed 2000 earnings as smaller and younger banks cashed in on rapid expansions while their larger peers saw growth momentum begin to lose steam. But
      Reuters  -  581 words
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      174 7 Capitalprotected unit trust with 0% sales charge dollarDEX New HSBC USD Financial Healthcare Capital Protected Fund Complimentary breakfast* at Town Restaurant the Fullerton Singapore. Free seminar Tower Club May 3, 6:30 pm email: funds@dollarDEX com or contact us below. i Tel 220 7890 (24 hrs) www. dol la rDEX. com
      174 words
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      3509 8 mo uuoiiiooo i Hiioa, i ucduay, iviciy I f c.\j HWI Overseas Union Trust Limited (Incorporated in the Republic of Singapore) To the members of Overseas Union Trust Limited nf.«^ V K„ a 7nnn d l he f ancial of Overseas Union Trust Limited and the consolidated financial statements of
      3,509 words
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      1617 9 pipl Overseas Union Trust Limited (Incorporated in the Republic of Singapore) 13. Unquoted Equity Investment in Associated Companies 20. Interest Income 27. Related Party Transactions tk« r<imn*nv The Croup and The Company (a) The Company considers as related parties, the fellow subsidiaries of its hotdinq company its associated companies ""I"
      1,617 words
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      62 10 projecteyeball. GEEK GIRL IPOnDER P/ Hf -W^'' I;' I Project Eyeball is available only at Cold Storage, BP, Guardian, Borders, MPH, Tower Records, 7-Eleven, selected Times the Bookshops, I I Kinokuniya outlets and newsstands at Shenton Way, Suntec City, Orchard Road, River Valley, Marine Parade, Katong, Siglap, Holland Village, 1
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  • e-NEWS
    • Article
      Lock icon AOL Time Warner seeking pact with UK cable provider
      384 11 LONDON Sources say deal involves trading content for NTL distribution rights NYT AOL Time Warner has approached NTL, Britain's largest provider of cable television, about forming a distribution alliance, people close to the companies said on Sunday. The companies are discussing
      NYT  -  384 words
    • Article
      Lock icon UMC Q1 net gain falls 13%, sees '01 profit diving 74%
      324 11 TAIPEI ItH go ahead and build wafer fabs in Tainan and S'pore AFP, Bloomberg NET profit for Taiwan's United Microelectronics Corp (UMC) fell 13.1 per cent year-on-year to NT56.47 billion (*****.7 million) for the first quarter due to a
      AFP,; Bloomberg  -  324 words
    • Article
      Lock icon BritTel seen doubling rights issue to £10b
      622 11  -  Move expected to slash its £30b debt with arrival of new chairman From Neil Behrman in London CHRISTOPHER Bland, the new chairman of British Telecom, is expected to push for a doubling of its rights issue £10 billion (5526.2 billion), compared with previous
      622 words
    • Article, Illustration
      Lock icon The Net bubble bursts on the screen
      901 11 NYT [NEWYORK] KALEIL Isaza Tuzman walks into the office at the end of a bad day. He is returning from yet another exhausting business trip, trying to save his struggling dotcom, GovWorks. The US$6O million he helped raise for the company is burning
      NYT  -  901 words
    • Article
      Lock icon TSMC forecasts 60% fall in earnings this year
      310 11 TAIPEI Revenues estimated at NTsl49b, down 10% from previous year AFP TAIWAN Semiconductor Manufacturing Co (TSMC) yesterday forecast this year's net profit to fall 60 per cent to NT525.74 billion (Ssl.4 billion) amid the global economic slowdown. The company's revenues for 2001
      AFP  -  310 words
    • Article
      Lock icon Infineon to buy US chip developer for US$250m
      301 11 MUNICH Bloomberg INFINEON Technologies AG, the semiconductor unit of Siemens AG, agreed to buy US chip developer Catamaran Communications Inc for US$25O million in stock to try to offset falling prices for computer-memory chips. Closely held Catamaran, founded in 1999, makes chips
      Bloomberg  -  301 words
    • Article
      Lock icon Via Tech sees slowdown after doubling Q1 net
      168 11 TAIPEI Bloomberg VIA Technologies Inc, the world's second largest chipset maker, said profit more than doubled in the first quarter, though it's unlikely to repeat that performance in the current three months because of slowing demand. Net income for three months ended
      Bloomberg  -  168 words
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  • WORLD news
    • Article
      Lock icon EMI-Bertelsmann merger proposal set to collapse
      559 12 LOSANGELES That would mark the third time EMI faces beingjiltediiiits efforts to ally with a competitor LAT-WP EMI Group, home to acts such as the Beatles and Nikka Costa, is about to be left at the altar again as its latest merger proposal this
      LAT-WP  -  559 words
    • Article
      Lock icon US income growth continues to outpace spending, says report
      417 12 WASHINGTON Bloomberg, Reuters, AFX US income growth outpaced spending for the second month in a row in March, a Commerce Department report yesterday showed, lifting prospects for consumer spending in a bright sign for the US economy. The report said personal
      Bloomberg,; Reuters,; AFX  -  417 words
    • Article, Illustration
      Lock icon Muppet owners EM.TV lose DM2.8b on costs from buying binge
      441 12 MUNICH It writes down DMl.3b for Formula One, DM6B4m for Jim Henson Go Bloomberg EM.TV Merchandising AG, the owner of the Muppets, said it lost 2.8 billion deutschemarks (552.3 billion) in 2000, three times as much as analysts expected, on
      Bloomberg; FILE PHOTO  -  441 words
    • Article, Illustration
      Lock icon Roche may cut up to 8,000 jobs, says report
      347 12 AFP, FT [BASEL] Swiss pharmaceutical group Roche might cut 5,000 to 8,000 jobs equivalent to 8-12 per cent of its workforce, the Financial Times newspaper reported yesterday. Roche, asked to comment on the report, said it was "too soon" for a
      AFP,; FT; REUTERS  -  347 words
    • Article
      Lock icon Chinese hackers set for cyber-attack on US
      596 12 NEW YORK They hold on-line meeting to finalise plans for week-long siege on US government and business websites AFP, Reuters A GROUP of Chinese computer hackers held an electronic "network mobilisation meeting" on Sunday to finalise their plans for a week-long cyber-attack that
      AFP,; Reuters  -  596 words
    • Article
      Lock icon Record approval rating may spur Koizumi to call early elections
      440 12 TOKYO Opinion polls by newspapers and TV put support for the new premier at 80% AFP, Reuters OPINION polls yesterday showed record support for Japan's Prime Minister Junichiro Koizumi, increasing speculation that he may dissolve the Lower House and hold
      AFP,; Reuters  -  440 words
    • WORLD Watch
      • Article
        Lock icon Net-based ICE takes over London's IPE
        57 12 Reuters [LONDON] London's International Petroleum Exchange (IPE) and the Internet-based Intercontinental Exchange (ICE) yesterday announced an agreed ICE takeover which values the IPE at U5567.5 million plus shares in ICE equity. The takeover combines the IPE's energy futures contracts, including benchmark Brent crude, with
        Reuters  -  57 words
      • Article
        Lock icon Oppenheimer revises De Beers offer
        85 12 Bloomberg [JOHANNESBURG] The Oppenheimer family and partners announced a formal increase to their takeover bid for De Beers to US$l7.6 billion in stock and cash, giving shareholders two more weeks to decide whether to accept it. The group will pay 0.446 of an Anglo share
        Bloomberg  -  85 words
      • Article
        Lock icon Faster rise in euro-zone money supply
        66 12 AFP [FRANKFURT] The euro-zone money supply accelerated unexpectedly in March, data showed yesterday, further dampening any expectations for an imminent cut in European interest rates. Area-wide money supply, as measured by the broad indicator M 3, expanded by 5.0 per cent on a 12-month
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        Lock icon Anti-globalisation rally in Sydney
        52 12 AFP [SYDNEY] Australia's major cities were yesterday bracing for what police fear could become a violent demonstration by more than 10,000 anti-globalisation activists who have vowed to close the stock exchanges. Five thousand protesters are expected in the heart of Sydney for the May 1 anti-globalisation
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        Lock icon Murdoch for smaller stake in new firm
        91 12 Reuters [SYDNEY] The Australian arm of Rupert Murdoch's News Corp yesterday said it was unable to comment on a report the media mogul has agreed to take a smaller stake in a planned new company that would include his satellite TV assets and
        Reuters  -  91 words
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      Lock icon Current oil prices a risk to global economy: Fabius
      514 13 WASHINGTON Reuters FRENCH Finance Minister Laurent Fabius said on Sunday current world oil prices could damage an already vulnerable global economy and called for a drop in the cost of "black bullion". Mr Fabius said that current oil prices—around US$2B a
      Reuters  -  514 words
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      Lock icon IMF policymakers back crisis prevention mechanisms
      547 13  -  They urge Japan to posh ahead with reforms in banking, corporate sectors From'. Leon Hadar in Washington THE International Monetary Fund (IMF) has received the green light from the Bush administration to advance a plan for more effective mechanisms aimed at containing global financial
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      Lock icon 3 G-7 finance ministers urge ECB to cut rates
      427 13 WASHINGTON Bloomberg THREE Group of Seven (G-7) finance ministers called on the European Central Bank (ECB) to lower interest rates, putting pressure on the only major central bank that has refused to cut borrowing costs as growth slows. The calls by
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      Lock icon M&A boosts more firms' share value
      341 13 LONDON 30% of transactions add worth for investors as against 17% earlier, says KPMG study Bloomberg SHARE performance was better for businesses that made takeovers than for comparable companies in 30 per cent of cases, a KPMG survey showed. In the previous survey, in
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      Lock icon Hyundai Engg revamped to get new aid
      289 13 SEOUL Capital increased; all directors quit as new board is formed AFP THE board of near-bankrupt Hyundai Engineering and Construction Co (HEC) yesterday approved a capital increase and a managerial shakeup ahead of a new mul-ti-billion dollar bailout, officials said. HEC officials said
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      Lock icon Motorola paid big bonuses before plant closure
      348 13 LONDON £2i>m in pay-outs given to 5 senior executives: report AFP US electronics giant Motorola Inc paid five senior executives bonuses of more than £2.5 million (556.6 million) just weeks before announcing it was to shut down its Scottish plant, a newspaper reported
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      Lock icon Cheney says US$1.6t tax cut plan best way to avoid recession
      478 13 Risk of downturn remains, despite better than expected 2% Q1 growth Reuters [WASHINGTON] Vice-President Dick Cheney said on Sunday he hoped the economy would not slip into recession, and pitched President George W Bush's US$l.6 trillion tax cut plan
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  • FINANCE & commodities
    • Article
      Lock icon Futures move up; volumes rise
      270 14  -  SGX Derivatives Trading Report Sr&A^MSQS^onbta Wong Ann Chuen Refco (Singapore) Pte Ltd THE Singapore stock market rose yesterday on the back of computer-related and electronics issues, buoyed by bet-ter-than-expected US economic growth. The Straits Times Index surged 36.27 points, or 2.15 per cent, to close
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      Lock icon Futures settle marginally higher
      225 14  -  MSCI Taiwan Index Wong Ann Chuen Refco (Singapore) Pte Ltd THE Taiwan stock market traded mixed yesterday as semiconductor stocks led gainers, while recordable compact disc makers tumbled after they reported dismal first quarter earnings. The MSCI Taiwan Stock Index added 0.80 points, or 0.33 per
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      Lock icon CURRENCY REPORT
      226 14 Reuters London THE US dollar rose around half a per cent against the euro yesterday, extending its sharp gains made on the much stronger-than-expected US gross domestic product report at the end of last week. The US GDP report for the first quarter showing the economy expanding by
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      1182 14 All-seres MatuOies >a yr Short 1 -3yrs. Long>3yrs| «™«CTCToiiiggr AS C$ ffc Uro FTr Dm MS UtaNHXi Yn Wow Ml MZ$NHt Nso S$ twd 5fr WT$ im Hmt US$ £2?* irrc 0JS5 ®2 J2J f* 7 23-®3° 56.965 0.630 6.709 1933 1236 ***** 26.159 0.925 4.061 0.877 16.740 23.194 02S4
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      1830 14 SICOM PPTPRBB Apr 30 RUBBER (Mures dosing as at 5J0pa) RSS1 CONTRACT (S cents/kg) CiOM VotaM Open Moatt Wig* low Sett (taws) Interest May 01 ***** JunOI ***** Jul 01 106.75 250 Am 01 107.25 250 RSS 3 CONTRACT (US c«its/k«> VoJmm Open Montt Wyh Lm> Sett (tmts) Interest May
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  • STOCKS east asia
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      Lock icon CHINA
      1079 15 Reuters, AFP 71 Shenzhen B Index +10J1 CHINA'S hard currency B shares ended higher yesterday as retail investors built positions on the last trading day ahead of a week-long holiday in anticipation of gains after the break, stock brokers said. The Shenzhen B Share Index ended up 10.11 points,
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      Lock icon TAIPEI
      382 15 AFP □wp latex jgjo TAIWAN share prices closed 0.6 per cent lower yesterday on selling in industrial stocks amid increased friction between China and the United States, dealers said. The Taiwan Stock Exchange Weighted Price Index shed 35.00 points to 5,381.67, on a turnover of NT$55.36 billion. Decliners led
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      52 15 A new weekly section in The Business Times on Tuesday it's about university education, both here and overseas. While written mainly by undergraduates, our main aim for starting this section is to cater to the growing number of our readers who have college-going children. In short, it's for undergrads and
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      34 15 The Bong Hong and Tokyo markets were closed yesterday to© off uif+b "BT -a***** Ng Chairperson OR CHAIR SALESPERSON? r ft 1 I P? i §f" To fill your vacant positions, just call 1800-741-1883.
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  • STOCKS klse
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      Lock icon Shares down as profit-taking cuts early gains
      410 16 Q Composite Indei -L37 MALAYSIAN shares closed 0.2 per cent lower yesterday after profit-taking eroded gains made in the morning session following Wall Street's rise late last week, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 1.37 points at 584.50,
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      8564 16 INDUSTRIALS Codsmmt protects 2001 Last Vol Day Not Cop High Low Company Solo OOP High Low P/C SmH 340 290 Ajinomoto 292 8 8 118 4 45 24.5 Anqkasa 30 3 28 30 28 44i 342 282 Apollo Food Hlq 306 SJ 122 4 356 266 Asia File 279 13
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  • SGX clob & regional stocks
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      2614 17 BONDS WARRANTS Apr 30 m Wn* PNml bUri U-M Lid M DM LMHteata AM CM CM k> lata W» Urn M, -T- rmi I— U» Utm M» ft—D ftf <%> —UK 40 0.5 s Acma W*****4 0.5 0.5 1 41.0 1 300 539 94.00 3 22 2.5 s AIITech W*****7
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      Lock icon BANGKOK
      741 17 Reuters Q SET Index +3L42 mmm THAI stocks ended firmer in retail-dominated trade yesterday after better-than-ex-pected US data prompted a Wall Street rally on Friday. The benchmark Stock Exchange of Thailand Index closed up 1.15 per cent, or 3.42 points, at 300.63, after spending the day wavering on both
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      Lock icon MANILA
      282 17 AFP O Composite Index -4L52 PHILIPPINE share prices fell 2.9 per cent yesterday, plumbing a six-month low. The Composite Index sank 41.52 points to close at 1,378.84, its lowest level since Oct 31 last year. Turnover rose to 395 million shares worth 443 million pesos.—AFP apt m mo cooo)
      AFP  -  282 words
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      Lock icon JAKARTA
      744 17 Reuters Fl Composite Index +&87 THE absence of widely feared political violence in the Indonesian capital yesterday and a slightly stronger rupiah helped Jakarta stocks drift higher, dealers said. The Jakarta Composite Index fell to an intra-day low of 350.18 points but reversed the losses to close up 6.67
      Reuters  -  744 words
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      Lock icon WELLINGTON
      261 17 AFP PwSE-40 +13J3 NEW ZEALAND stocks closed up 0.6 per cent yesterday. The NZSE-40 Index was up 13.13 points at 2,117.08. Trade was light, worth NZ$7B.2 million. Discount retailer The Warehouse recovered 23 cents of Friday's 46 cent fall to end at NZ55.75.— AFP *F30 MS (000) Advantage HOS
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      Lock icon SYDNEY
      558 17 AFP All Ordinance ♦3MO AUSTRALIAN shares rose more than one per cent yesterday. The All Ordinaries Index lifted 33 points, or 1.02 per cent, to 3,270.3 points. The SP/ASX 200 rose 35.5 points to 3,329.4 points. The All Industrials rose 43.5 points to 5,588.6 points while the All Resources
      AFP  -  558 words
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      Lock icon SEOUL
      313 17 AFP nOwnpoatelndg +20.73 SEOUL'S Composite Index ended 20.73 points, or 3.7 per cent, up at 577.36. The volume was 368 million shares worth 2.0 trillion won. —AFP *fX Waa Arum S#ml 4800 260 Brain Tach 600 10 Centra) Bank 170 unch Chad Comm ***** 1800 Oaa Gu Bank 1440
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  • Article
    Lock icon STOCKS sgx
    7961 18 SGIMAIMBOAEP Gr fir M Wt SMM Laat Vol Day Lad Quota Dfc Ofc VW Net Cm A«a HH» low Ci—a«» Sato W- f888> HHfr low Bayer i*r fw P>t »ii Pita MULTI-INDUSTRY 153 39 5 c AcmaSOc 47 cd unch 101 47.5 46.5 47 475 0.5 19.9 0.5
    7,961 words
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      242 19 Where to wine, dine and entertain...*""?' oj vsss&r For lunch, you can enjoy our evfer popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirioin.
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      22 19 IVI I Western on ia £P Cantonese American ieoch"japanes>9 etaria Mexican Mongolian lnd <?£i,..an Hainanese T ndiiidiicsc i u3-LX3.n. i.-.; /*< ~v r: '<
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      58 19 I CHICKEN RICE IN THE GLITZ! j Chatterbox Chicken Rice's the talk of town again... Come, savour Singapore's favourite dish and other delights anytime. Enquiries: 831 6291 Coffeehouse L Mandarin QJ Singapore —1 st -a iSSsS 333 Orchard Road, Singapore *****7 Tel: 737 4411 Fax: 732 2361 You will find
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      772 19 _i r...t. mi 4.06 Mowgli. Update/Knowing Financial Data. vMMm Liz Eyrie's Lifestyle. Asia/Business Report. 9.00 AM Kids Central: Alle- 630 What A World. 830 CNA Today/Business flpsrtseity era's Window. 0,30 Yin, Yang And Yum- Breakfast. 10 M am Davis Cud Asian ,X2S my Headlines/S'pore Up- 1000 gceaSfcmShts 513 10.00 St.
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    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 2
      278 19 CK7PTIC CROSSWORD ACROSS 5 Gloss over (6) 1 Code that's a mere shop device 6 Colouring, due to beastly com(9) Plaint (9) 9 Getting more inquisitive about 7N° longer acknowledges the unone, and more clamorous (7) derworld is in possession (7) 10 This time make a donation (7) BHe we
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Never give in!
      934 20  -  By Melissa Sim AT 62, Barbara Lamont is a far cry from the preconceived notion of Grandma sitting in a rocking chair, knitting Christmas stockings for Junior. The president and chief operating officer of Network Teleports started out as a classical and jazz pianist, giving her first
      PHOTOS BY RICHARD CHNG  -  934 words
    • Article
      Lock icon UOB lauded for advancing women's status in economy
      563 20  -  International Women's Foram gives it an award for its Unifem Singapore 'ethical' investment fond W Rachel Ong UNITED Overseas Bank Group has received an international honour for its commitment to equality and progress for women. It has received a Corporations That Make
      563 words
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      41 20 Traffic jam DON'T KNOW WHY EVERYONE'S RAVING? A READ ALL ABOUT THE LATEST FILMS I (AND THEIR STARS) IN OUR BRAND I II NEW MOVIE PAGES. \y f MOVIES every Wednesday ;4Mp j J *5^r 1 JhBHHV 1 |T? m y
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  • KNOWLEDGE economy
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      Lock icon Get smart, do your homework
      1172 21  -  The most fatal mistake hi-tech entrepreneurs can make is to lack knowledge, a tech industry veteran tells jaxiceue JANICE LEE LAST May, a hijacker named Augusto Lakandula attempted to hijack a Philippines Airlines flight en-route to Manila by forcing the pilots to return to Davao
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    • Article
      Lock icon What do you know?
      362 21  -  By Brian Hackett AFTER years of researching organisational learning and knowledge management, we've learned one thing for sure: You can't manage knowledge. These days you can't manage people either. You can lead them, coach them, mentor them and teach them, but you can't manage them. To
      362 words
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      1005 21 ggisi The National University a/Singapore (SIS) FACULTY OF ARTS AND SOCIAL SCIENCES Invitation for Admission to Graduate Programmes Founded ins in Semester 11, 2001-2002 (commencing in January 2002) COURSEWORK-BASED PROGRAMMES Master of Social Sciences (Economic) The Master of Social Sciences (Economics) programme offered by the Department of Economics is designed
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  • CAMPUS life
    • Article, Illustration
      Lock icon College education Down Under
      1100 22  -  Those dreaming of studying overseas may want to consider affordable Australia By Liew Hanging YOU'VE been dreaming of an overseas education, and you're ready to pack your bags for picture-perfect London or America, "where it all happens". Before you do, consider Australia a choice destination for
      1,100 words
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      Lock icon Where you read, not study
      682 22  -  postfgTffl from chicago By Joyce Koh Joyce Koh is a first-year student at Northwestern University, Chicago THE long-awaited spring break finally presented itself after a gruelling winter term. While most students in the US headed for the sunny beaches of Cancun or took off for
      FILE PHOTO  -  682 words
    • Article
      Lock icon Integrate research with U teaching
      398 22  -  Professor Christine Ennew Head of Division of Business and Management, University of Nottingham in Malaysia, Malaysia, via Internet I REFER to your article "A Budget for college" by Rachel Ong (BT, March 27). With reference to your recent feature article on overseas education we would
      398 words
    • Article
      Lock icon Memories of student life in London, Perth
      459 22  -  Navin Raj Singapore I WILL never forget the winter of 1994. It was the year that I started my journalism course in London. I had the best of two years and never once regretted living in a city that was 10 times more
      459 words
    • Article
      Lock icon Why should students reject scholarships?
      278 22  -  Joyce Tan Soo Yuen Singapore, via Internet I REALLY enjoy reading your informative and topical articles in Campus Life. Keep it up, please. Could someone please explain the current rationale for rejecting scholarships for overseas education. I know of some students who have been accepted
      278 words
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      89 22 CAMPUS CHAT This is a chat-link between undergrads and parents. So if you are an undergrad, we'd like to hear from you what life on campus like. And if you're a parent, tell us your concern regarding a university education for your child. We also welcome feedback and suggestions from
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      282 23 Reuters THE Baltic Dry Index (BDI) fell two points to 1,461, the Baltic Panamax Index (BPI) lost nine points to 1,505, the Baltic Handymax Index (BHI) dropped 25 points to 9,473 and the Baltic Capesize Index (BCI) was up six points to 1,825. TIME-CHARTER: ♦Cape Maria (built 1982)
      Reuters  -  282 words
    • Article
      Lock icon MARITIME STOCKS
      312 23 SOX 'OOO Apr 30 SS Vol CWT Distribution 0.52 unch 0 Chuan Hup 0.31 0.01 561 Cosco Investment 0.19 0.01 503 freight Links 0.09 unch 360 C8 Holdings 0.40 unch 0 IMC Holdings-HK ......5.60 unch 0 Jay* Holdings 0.15 0.01 575 KeppelCorp 3.14 0.04 849 Keppel FELS 0.92
      312 words
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      Lock icon Jakarta asks Manila for return of pirates
      450 23  -  It will prosecute pirates held by Philippines for bracking cargo ship By] Beth Jinks [SINGAPORE] Indonesia has formally asked the Philippines to extradite seven pirates detained following a ship hijacking, for prosecution. Philippine Coast Guard spokesman Armando Balilo told Shipping Times yesterday the
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    • Article, Illustration
      Lock icon Cleaning up Sydney Harbour
      108 23 [SYDNEY] Sydney Harbour cleaner Dave Downey uses a scoop to bring in rubbish as he and another cleaning boat (behind) make their daily sweep in front of the Sydney Opera House yesterday. A report to be released today by the University of Sydney's Environment Geology Group,
      REUTERS  -  108 words
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      Lock icon Hongkonger to be Jurong Port CEO
      479 23  -  Foreign talent to help port expand into new areas By] Donald Urquhart [SINGAPORE] Singapore's newest port entity Jurong Port revealed yesterday it has turned to foreign talent when it announced the appointment of former Hutchison Port Holdings executive director to the post of chief
      479 words
    • Article
      Lock icon Merger to form global service
      64 23 [SINGAPORE] Zim-Pacific Service and Asia-Med Service will integrate into one global service connecting the Mediterranean, Far East and the west coast of North America this month. The new service called Asia-Med Pacific will operate 14 vessels of 2,500-3,000 TEU (20-ft equivalent unit) capacity on a
      64 words
    • Article
      Lock icon Blast injures 2 crew on S'pore bulker berthed in Aussie port
      228 23  -  By Beth Jinks [SINGAPORE] Two crew were seriously injured during an engine-part flashback on a Singapore-registered bulk carrier berthed at a Western Australian port just before midnight on Sunday. The two men an engine cadet and the ship'sTHird engineer
      228 words
    • SAFETY issues
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        Lock icon Class facing critical issues of safety
        819 24  -  Pressing issues must be solved and everyone in the safely chain must work together so that the shipping industry continues to have the freedom to regulate itself, says robert somerville ROBERT SOMERVILLE The writer is president of the American Bureau of Shipping. This commentary
        819 words
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      Lock icon SHIPPING SCHEDULES INDEX
      171 24 PACE Append* 5 Assets 5 Austral BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 ChoYang 5 China Shpg 5 Cougar 7 Columbus 6 CWT Globelink 7 Delmas 4 Djak Lloyd 6 Dongnama 3 Eastrans 6 ECL 4 ECU Line
      171 words
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      Lock icon SHIPPING GUIDE
      19177 30 THEBUSINESSTIMES THEBU sinesstimes EXPORT TUESC ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 08/05 12/06 Del mas CMA CGM BALZAC V43W 65-*****44 09/05 13/06 COSCO HUMBER BRIDGE 0079W 65-*****00 15/05 19/06 Oelmas VILLE DE TANYA T43W 65-*****44 16/05
      19,177 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        518 33 Vessel Voy No Berth Arrival Departure Jmn| hrt Bt Merlina ***** JOt 30/04/815 30/04/2030 Tg Johor 18 V2107r JOS 30/04/930 01/05/6JO Cec Faith 05-Jan J06 30/04/730 02/05/6:00 Sunnysuccess 55A J22 30/04/ft00 04/05/730 Winstar 1 048S01 J03 30/04/7:45 30/04/2130 Wmshuenshin 1055 J07 30/04/8:15 30/04/2330 Banqka Off 4 01-Apr J14
        518 words
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        Lock icon CONTAINER SCHEDULES
        1970 33 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO BooMnt/Manct Rstts Ship Voy No Etb/Btr Ported Frow To Frow AC* OAHUA 034A VTOO N/1500 M/1699 a/BOO 2A MA700 M/0659 M/0900 M/T700 30/WM 30/0900 3 30/0700 30/1159 M/MOO 4 30/1200 30/M59 30/1700 AC* HIOISCUS 05* 1/23:00 29/1500 29/1659 29/1900 U
        1,970 words
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        Lock icon GLOBAL HOLIDAYS
        164 33 Majl Singapore: Labour Day. Thailand: Labour Day Malaysia: Labour Day Philippines: Labour Day South Korea: Labour Day China: Labour Day Hongkong: Labour Day Vietnam: Labour Day Argentina: Labour Day Belgium: Labour Day Finland: Labour Day France: Labour Day Germany: Labour Day Ireland: Bank Holiday Italy: Labour Day Mexico:
        164 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        781 33 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 chahge and the individual
        781 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        510 33 Carbon 180 Mm 991.0 0.5 13.3 0.07 26 0.03 Apr 26 DMttty Niter Residue Ask Sitoiit No above E25 0 0 0 0 0 0 380 Ave 984.0 0.3 12.5 0.07 24 0.02 Eiim 380 MM 990.7 11 15.3 0.11 67 0.03 »<Ar»3 »/v tuu »M/M
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    • AIR & LAND transport
      • Article, Illustration
        Lock icon Six regional Chinese carriers to form tie-up to take on rivals
        649 34 China Sky will be 4th airline group after govt-annonnced merger of 10 carriers Bloomberg [SHANGHAI] Six regional Chinese airlines left out of a government-mandated merger plan will form an alliance of their own to cut excess capacity and take
        Bloomberg  -  649 words
      • Article
        Lock icon Air NZ's Freedom Air to launch domestic service
        245 34 Reuters [AUCKLAND] Freedom Air International, a unit of Air New Zealand, said it is to launch a no-frills air service to the New Zealand domestic market with flights initially between Auckland, Wellington and Christchurch. The airline's vice president, Wayne Dodge, said in
        Reuters  -  245 words
      • Article
        Lock icon Qantas cuts NZ domestic fare prices
        134 34 [WELLINGTON] Australian carrier Qantas Airways is cutting prices on its recently introduced New Zealand domestic routes. Fares were reduced to NZ$75 (5556.25) one way between Wellington and Auckland (NZ$l5O return) and NZ$B9 one way between Auckland and Christchurch (NZ$l7B return), Qantas said in a
        134 words
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        Lock icon CAL gets first of US$1.8b Airbus order
        64 34 [T AO YUAN] Fire trucks spreading water onto a China Airlines' (CAL) Airbus after its landing at Chiang Kai-shek airport in Taoyuan. The A340-300passenger jet is thefirst to be delivered under the August 1999 purchase agreement. CAL ordered seven A340-300S for US$l.B billion
        AFP  -  64 words
      • LOG Book
        • Article
          Lock icon Boeing wins US$435m Canadian order
          93 34 AFX-Asia [ST LOUIS] Boeing Co said it won a US$436 million (*****.8 million) order from the Canadian government for the modernisation of 80 Canadian Forces CF-18 strike fighters. Under the terms of the contract, the CF-18s will be equipped with improved communication and navigation capabilities
          AFX-Asia  -  93 words
        • Article
          Lock icon New Macau-Hangzhou air service
          63 34 Xinhua [HANGZHOU] Air passengers travelling between Macau and Hangzhou, a tourist destination in east China's Zhejiang Province, can now fly directly between the two destinations. Xiamen Airlines has launched a service between Macau and Hangzhou. The air carrier is using Boeing 737s and Boeing 757s on
          Xinhua  -  63 words
        • Article
          Lock icon Lufthansa's first-quarter traffic up
          70 34 Bloomberg [FRANKFURT] Deutsche Lufthansa AG said passenger traffic rose 7.5 per cent in the first quarter from a year ago while a slump in the world's economy led to a 2.2 per cent fall in cargo traffic. The airline's load factor rose 0.9 percentage points to
          Bloomberg  -  70 words
      • Article
        Lock icon Alitalia-Air France alliance days away: Italian minister
        199 34 Reuters [ROME] An alliance between Italian flag carrier Alitalia and Air France is just "days away", Italy's transport minister said in an interview. "It's a straight road ahead. It's a matter of days, even though I should also say that, at least formally,
        Reuters  -  199 words
      • Article
        Lock icon NZ to take at least 3 mths to make Virgin Blue decision
        545 34 It wants to operate flights between NZ and Australia Reuters [WELLINGTON] The New Zealand government said yesterday it would take at least three months to decide on British-owned airline Virgin Blue's request to operate flights between Australia and
        Reuters  -  545 words
      • Article
        Lock icon Virgin Blue mulls over flying to more Aussie cities
        312 34 [SINGAPORE] Australia's newest discount carrier Virgin Blue Airlines will consider operating to more Australian cities as it introduces the new next generation Boeing 737 jetliner to its fleet. Virgin Blue, an offshoot of Richard Branson's inaugural Australian aviation operation, took to
        312 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1796 34 PIT FUCMT nA_ FUSMT ETB «MMt AM229 2230 LH6380 2230 M2» am Amsterdam $023 0(35 GA974 0130 KL837 1455 K1838 2255 m> tm Antananarivo M0I2 mm mm aw MI aw 2255 Auckland IH6987 1900 W4285 2045 W23 1900 $0285 2045 $***** 1900 N***** 2045 mm mm
        1,796 words
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      331 23 Commentary: Class facing critical issues of safety Pg2 ■Six regional Chinese carriers to form tie-up BackPg ■I The International Maritime Defence Exhibition and Conference Asia will be held at the Singapore Expo from May 8-11. Organised by the Republic of Singapore Navy and The Institute of High Performance Computing, further
      331 words
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      708 24 NORTH AMERICA QULF/INDIA SUB-CONTINENT 1 SUPER SHUTTLE EXPRESS (SSX) jQULF KARACHI EXPRESS ffMOQ vksu voir ia PTH pkiang "ma. vor ma omn m y« IZI m M/A< IfT* WOO 441 25/04 26/04 21/04 06/05 OOQ NfD€R LANDS 27W15 11/04 06/05 00/05 PftO NBUOYD APAPA OX 02/0S 03/05 OS/OS 13/05 4MU
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      772 24 lines services represented by Members of the Registry of Accredited Shipping Agents, y Singapore Shipping Association Members of the Singapore Logistics Association SULY UNI MALI I vessel voy 175 ["n* eta P. KIANG SPORE MALE Princess Uly VO4Ol 13/05 14/05 22/05 Empress Uly VO5Ol 30/05 31/05 08/06 Princess Uly VO5Ol
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      1216 25 SAX SERVICE (DIRECT) VESSEL VOY SIN ETA LAX OAK DAI HOP CHI COi MEM ATI NYC API 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 03/02 12/02 12/02 12/02 "W 12/02 12/02 13/02" 13/02 API JADE 026E 01/02 15/02 19/02 19/02 19/02
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      1754 25 TO ADEN T/T: 10 DAYS 1 jgr JIOOAM T/T: 12 DAYS I V AQABA T/T: 15 DAYS J GENERAL AGENTS IN SINGAPORE: SO ROBINSON RD #12-00 SALES/IKGS TEL *****57/43 FAX: *****21/71 MALAYSIA OFFICE PASIR GUDANG TEL 07-*****66 FAX: 07-353*170 COSTAR SNIPPING PTE LTD INGAPOR L^ M9B OOTWARD(R/L) *****0* 2M5325/75 PORTKLANG
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      416 25 Vtssa WY SIN PKG VOY SIN HKG Kfl USX PUS INC VtSSEL TOY SIN JKT SUB INK HONGKONG IO6S W/04 01/05 IO6N 02/05 06/05 00/05 11/05 IS/DS 11/DS J 1 7 1/ os KMKMM IO6S 30/04 00/05 13/04 10/05 KMT( SINGAPOKE 104S U/05 13/05 DORIS WULff IO4S 14/05 U/05 U/05
      416 words
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      1090 26 SENATOR LINES TOEUHOPE TO MffiOUE EAST/KAN/RB> SEA ""SEL VOT «N IB> Imi I ARR I HAM I IRV |FU Ivww VQT I Ml I Bl I DB I JED T"MD h2wSJw!wnL OOUW 27.04 s IMS M I7K !Jnc *'<* 2104 05.05 tMS 1105 IMS oouw «i« 7t« JJ« if" alfakamw
      1,090 words
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      689 26 n 4l CWilto UNES, INC p. QUOANQ: (07)*****26 1 "■IV/ J 8«fc(0M)IH179 MAMLA: (632) *****24 BANGKOK: (*2)*****87 SURABAYA: (31) *****11 KELAMQ: (03) *****77 JKT (21)*****46 KUOBNQ (082) *****1-3 SHANGHAI MV "AL MARIYAH" V.016 ETA SIN 09/05/2001 (Abo accepting to MUUAN, FAISALABAD, SIAIKOT, RAWALPV4DT PESHAWAR, ISLAMABAD) BOOKINGS PLS CALL 220 2022
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      504 26 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MULUNO, MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS Vestal VOY SPORE N.SHEVA COCHIN COLOMBO P.KLANG FRONTIER 109W 06 MAY 15 MAY 18 MAY 21 MAY 25 MAY PU GLORY 109W 13 MAY 22 MAY 25 MAY
      504 words
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      1658 27 I VESSEL VOY KHH HKG I SIN PKL DXB BAB DMM UK IRAN ISFAHAN PCL-205 01/05 02/05 05/05 06/05 13/05 14/05 16/05 IS/05 IRAN HORMOZGAN PCL-206 08/05 09/05 12/05 13/05 20/05 21/05 23/05 25/05 IRAN TEHRAN PCL-207 15/05 16/05 19/05 20/05 27/05 28/05 30/05 01/06 IRAN TABATABAEI PCL-208 22/05 23/05
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      348 27 a mssm Loadingfor 1 GOOD FRIDAY RDM/ATW/BMN/UK I OCEAN RANGER RDM/ATW/BMNAJK I Loads Singapore, E7W. Malaysia. Indoneaia J Loading for PAULX JDH/AQA/DMT SOOTHER STAR 1 JOVAQA RAINIER DBt/ABU/DOH/BRN/DM M/KWT PIONEER SUN DBVABU/DOH/BBN/DMM/KWT EFFYN JDH/AQA/DMT SEA RENOWN HDCVJDH/AQA •Loads Singapore, EM Malaysia. Indonesia I Loadingfor I NATS EMPEROR CAM/NFK/SAV/NOL I HANJIN
      348 words
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      1566 27 EUROPE EXPRESS SERVICE EXPORT IMPORT viaa Ivor «lialmi u» I him, wv ri vissa vot km ham [hi lew I srT" M-ffS W'm lllig** S/S «-!?»■-M wbowfiSM Tnw 857Sr«7S flfa afar ilm fim itm hjlonqqn ~~w~ io/os fos .***** 17/05 om PUGWASH SEN 01 iW 11/04 29/06 01/07 02/07 03/07
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      1281 28 mssmssm MBnwMtMMUkH/ujxxuAmmoKiaxvm EXPORT VBsa/vor<g sop lao Ivwloc Imp [rum Iwv Inr \m gmmmmj oms 20/ os a/os ?vds zvos 2vos 27/ os 2M» JUaOHOOHQIM 13/ OS 2V05 27/ OS 29/05 31/05 30HK 01/D6 I&D6 OVO6 iJUNnroo9soi7w ayos om* ow ovD6 cm*ow omk iM6 nyot tflBflmmOMMPW 27/ OS OMM lOtt IVO6
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      902 28 vcsa I tor I sw I jkt pjh ANAII3HUM* A tI3M 07/DS 04/P5 04/D5 AKABHUM 445S ~ltt7oS I Ot/DS MHJHBL ***** 02/05 05/05 HABHUM 4305 OS/OS 01/05 OWWIWIII 17IM 02/05 04/05 05/05 M M/ 05 of>sS 10/05 WtttlHUM 544W 05/05 OVOS 01/05 115 WPS '2/9? inmiHUM" 3»SW 06/05 W/05 10/05
      902 words
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      542 28 INDONESIA NATIONAL LINE TO AUSTRALIA "T FULL CONTAINER SERVICE 15 wr me an m t sin w b ItltKH 375 D7/0S 00/05 14/05 20/05 22/05 25/05 rarSMM "o»T 14/0515/05 »/05 77/05 2tyos 01/ M HWWB ~«T M/OS 22/05 a/05 03/06 05/06 00/06 MNPMBAII 3fS B/05 29/05 10/06 U/06 ?VO6 FEEDER
      542 words
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      426 29 i BSA it. e !?s?s!fiS9PsfsSS?sfiH^^6 r M MYANMA wBBk FIVE STAR LINE (Myaamar National Line) w Loading for Yangon VESSEL VOY SIN PKL PIN PGU I AGO 118W SID MONG LA 45W SU) MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES XUL Til 03-*****300 PKL TEL 03-*****101 PIN: HI 04-*****02 PGII: Til 07-*****21/4
      426 words
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      1247 29 HYUNDAI MERCHANT MARINE CO., LTD. ivtssa DOT |SM I SOU I LW I WM I ANT I HAM I BRY [WSSa I VOY I SOU I IB! I KTM I ANT I HAN I BRV I {II HYFHStAL 330W 30/04 22/05 16/05 17/05 19/05 19/05 MOl ADVANTAGE 001E 13/04 14/04
      1,247 words
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      988 29 vtfv WALLENIUS WILHELMSEN 10 NORTH AND UIIN AMERICA 'CAR RORO HEAVYUFT SERVICE" [VESSEL VOY [RAMP HEIGHT! Si I LBC MAO MIA I SAV BAi ORf I NYC I NEW I MOB TAMPERE AHIIO 400Tms 6.3* OS/OS 13/06 16/06 18/06 20/06 21/06 23/06 27/06 29/06 TIXAS AHIII 4001 MS 6.3 M
      988 words
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      71 32 ami WLME SINGAPORE PTE LTD W 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 m JB MB Fa* (65) *****66 Email: general@ecusin eculine net ■3 WW Website: net EAST MALAYSIA Kuching/Kota Kinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 FREMANTLE KYOWA TNF COCOS CHRISTMAS ISLAND ASTERNI AUSTMUA Guam/Saipan/ Turn to
      71 words
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  • Page 33 Miscellaneous
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      125 33 MFORT^AMIMA^O^^^ 4 3^N J LEGEND: Issued by Rfeteoroiogicai Service Singapore K Thunderstorm Rain Temperature Wind direction and speed in knots Wo&thcr Cloudy Day C^) Sea Conditions Wind speed symbols S| c 1 2m O Full circle w/o line indicates calm or light and variable winds f j 9 -J—-One half
      125 words
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