The Business Times, 5 March 2002

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Microfilm: NL23906
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P)QI (yoa/2002 SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, MARCH 5, 2002
    14 words
  • Article
    Lock icon MARKET SUMMARY
    72 1 □m ymm (+86.55) □vt-m 746J1 (+32.34) ST DIDEX FUTURES *****0 (+92.00) HMSCI PUTT7IES 229J0 (+12.70) STOCK MAIKET INDICES Monday Change KLSECOMP ***** +7J» NIKKEI 225 _11,460-22 HANG SENG _18,70UI_+»a81 SET INDEX 391.00 +10J6 JAKARTA COMP .4M.1I +1OT MAMLACOMP .1,***** +1&93 TAIPEI WPI £374.48 +***** SEOUL COMP 8M21 +14«
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  • Article
    Lock icon FINANCE
    68 1 FOBEX BATES USI s$ US$ (S$ per US$) 1.880 £(U8$/SS per£) 1.419 18*7 EURO(VSS/S«/E) ABM 1.582 DM im 1.2M YEN 1318 Ttm RM 1809 1177 HKS 7.791 4.292 BART 43.62 23.83 RUP1AH 10.077 S£0< Average «f M Ma FUME BATES SINGAPORE* 646 KUALA LUMPUR MO BONG KONG 5.126 JAKARTA
    68 words
  • Article, Illustration
    Lock icon Aussie govt staring at up to AS$b forex speculation loss
    572 1 Critics say govt should not have gambled; Canberra stands by decision Bloomberg [SYDNEY] Australian Treasurer Peter Costello yesterday admitted that the federal government faced a potential loss, estimated to be as much as Ass billion, from speculating on the currency
    Bloomberg; Source: Bloomberg  -  572 words
  • Article
    Lock icon STI powers past 1,800 points with 5% surge
    735 1  -  Wall St gives a boost, but bumpy upward ride seen for rest of year By 1 Ven Sreenivasan [SINGAPORE] The Singapore market yesterday recorded its strongest singleday surge in months, boosted by improving economic numbers at home and a strong rally on
    735 words
  • Article
    Lock icon Dow buoyant in morning
    166 1 Bloomberg [NEW YORK] Led by financial companies, US stocks powered ahead yesterday morning on mounting optimism an economic rebound will reduce defaults and increase borrowing by companies. "It's euphoria", said Kevin Connellan at Northern Trust Corp. 'The traders calling us are suddenly more buoyant" The morning
    Bloomberg  -  166 words
  • Article
    Lock icon Alliance Tech, country club to go under judicial management
    400 1  -  Troubled listed group also seeking investors for Fort Canning Clnb By Chua Hui Min [SINGAPORE] Mired in $115 million of debt, Alliance Technology and Development owner of the beleaguered Fort Canning Country Club Investment (FCCC) said yesterday it will apply to
    400 words
  • Article
    Lock icon Will OCBC break with tradition and hire non-banker as CEO?
    671 1  -  RTexdusTv^ \By\ Siow Li Sen [SINGAPORE] OCBC Bank's search for a new chief executive officer is wider than previously thought it is not limiting its search to only bankers. Wong Nang Jang, OCBC executive director, had even said last Thursday
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      Lock icon Page 1 Advertisements Column 1
      253 1 IHtfllMß Top StoriM Feb PMI up; manufacturing could start growing again this month. Moxt Pmgm PSA to cut fees to stop Evergreen from moving to M'sia. Pg 9 Lee Han Shlh: Sino's next big thing bus stops. US aiiots USs93m to review, improve port security. ShMngTkn— Pgf V-7*' Ansett grounds
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Tech will rebound first
        99 2 HERE'S what a columnist in the investment newsletter Stealth Stocks! had to say about Wall Street in its February issue: "Technology remains very weak and as long as investors are liquidating their OTC (over the counter) stocks, I have to rate the market as still locked
        99 words
      • Article
        Lock icon Two views of a deal
        163 2 THERE'S no pleasing your critics. DBS detractors, for instance, have been having a field day with the bank's latest sale of a commercial property in the business district. One property player observed that Singapore's biggest banking group had paid more than three times' book value
        163 words
    • Article, Illustration
      Lock icon Manufacturing could start to grow this month
      592 2  -  EYE ON THE ECONOMY PMI edges closer to positive territory in Feb, but electronics takes a 'breather' Byi Chuang Peck Ming [SINGAPORE] The manufacturing sector could return to the growth path this month, as the Purchasing Managers' Index edged closer to positive territory
      Source: SIPMM  -  592 words
    • Article, Illustration
      Lock icon Tech stocks surge on Venture results
      462 2  -  By 1 David Boey StOCkS Of Singapore-listed electronics heavyweights roared back to life yesterday, powered by be tter-than-expected results on Friday from electronics major Venture Manufacturing and a strong showing by Wall Street. Fuelled by keen buying interest, the 16-share Singapore Exchange electronics index
      Source: Bloomberg  -  462 words
    • Article
      Lock icon A robust day for the Nikkei and the yen
      454 2  -  Analysts expect stocks to rise after yesterday's 6% gain From, Anthony Rowley in Tokyo TOKYO financial markets enjoyed a rare day of celebration yesterday as the Nikkei 225 Stock Average surged by almost 6 per cent to a six-month high while
      454 words
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      103 2 bMtaM after a major taAorruptta* can b« SO Register NOW fof an I •wntlal two-day conference. M 1. ***HcoYtry plan, you art taking a wry big rtok. SwdensW« COVWT: v ':L'pi' •::"'i\t P*oto« Modle »Htt hoel e two-diy Ne*Tedi T*oeHMcole4eo>o«»eloo»otatololi»flb«olnooelothe X l* buafeaaa noMty conference in Sinoaaore and tona K*n«
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      62 3 EXPERTISE 'W <. w-JKk. TF ~fiMrriii 4mmmhh^ Ep^ hitachi tttu sponsor on your business AncJ continuous savings for your organisation. khoo swee chiow's So, look beyond mere ASPs. And get the best of both worlds: global experience and local understanding. Give your NORTH POLE expedition business the many advantages of
      62 words
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  • SINGAPORE companies
    • Article
      Lock icon Presscrete's $20m deal paves way for reverse takeover
      455 4  -  It will acquire Neo Corp's assets for 333 m new shares at six cents each By Ling Su Ann LOSS-MAKING Presscrete Holdings said yesterday it has agreed to acquire $20 million of assets from construction firm Neo Corporation, paving the way for
      455 words
    • Article
      Lock icon How Stanchart can avoid takeover
      972 4  -  lock siew catherine ong ALL through the *****, Patrick Gillam jealously guarded the independence of Standard Chartered Bank pic as a wave of mergers swept the banking world and larger, richer rivals, in the Godzillan pursuit of size, gobbled up smaller institutions. The soft-spoken, urbane
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    • Article, Illustration
      Lock icon ECS profit in Ist year since listing jumps 21%
      371 5  -  It expects this year to be even better, with full-year contributions from China operations By\ David Boey INFORMATION technology services firm ECS Holdings yesterday posted a 20.5 per cent rise in 2001 profit to $13.5 million and said it expects to
      ARTHUR LEE  -  371 words
    • Article
      Lock icon Magnecomp $3m in the red despite 21% rise in turnover
      226 5 MAGNECOMP International said yesterday it suffered a net loss of $2.97 million for the financial year ended Dec 31,2001, compared with a net profit of $11.24 million previously. The loss was in line with a warning issued in July 2001.
      226 words
    • Article
      Lock icon Amtek's interim profit jumps 54%
      263 5  -  Revenue down 17% but China sales, earnings were np By Chua Hui Min ELECTRONICS parts mak er Amtek Engineering's first-half profit soared 54 per cent to $16.8 million, despite a 17 per cent fall in revenue. For the six months end- ing December 2001, group
      263 words
    • Article
      Lock icon Intraco blames Teledata's results for $45.8m loss
      285 5 DIVERSIFIED group Intraco yesterday announced a 2001 net loss of $45.8 million for FY 2001, compared with a $2.3 million profit a year earlier. It blamed the sharp reversal on losses from its unit Teledata (Singapore) and the disposal of non-core investments. The
      285 words
    • Article
      Lock icon Time to take profit on Hyflux shares: GK Goh
      261 5 AFX-Asia GK Goh Research said in a report that it has a "take profit" recommendation on Hyflux Ltd shares following the release of the company's 2001 results which were within expectations. "(The Hyflux) share price has soared ahead of fundamentals. It
      AFX-Asia  -  261 words
    • COMPANY Briefs
      • Article
        Lock icon Provisions Suppliers stake sale off
        93 7 Dow Jones Newswires PROVISIONS Suppliers Corp (PSC) said yesterday its planned sale of a stake to an unidentified party won't proceed. Provisions Suppliers had said on Feb 25 that its mEUor shareholder, PSC Holdings (1988), was in preliminary talks with a party over a possible
        Dow Jones Newswires  -  93 words
      • Article
        Lock icon Reed Group warns of higher loss
        80 7 REED Group Holdings warned yesterday of a higher loss for 2001 than previously indicated. It said that after the audit for the financial year ended Dec 31, 2001, a review of the value of the company's intellectual property and development costs was carried out.
        80 words
      • Article
        Lock icon HTL Int'l to invest $24.2m in China
        145 7 MAINBOARD-listed HTL International Holdings, a leather tanner and sofa manufacturer, will invest $24.2 million in China. Of this, $19.4 million will be used to set up a new facility in Yangzhou. The balance of $4.8 million will be used to expand an existing
        145 words
      • Article
        Lock icon Penguin Boat profit rises to $3.2m
        100 7 Reuters PENGUIN Boat said its 2001 net profit rose to $3.19 million from $1.09 million a year earlier. Turnover was $70.76 million, up from $59.41 million. Penguin Boat owns, leases and charters vessels, manages and operates multi-purpose offshore vessels and provides ferry and air-charter
        Reuters  -  100 words
      • Article
        Lock icon Lion Asiapac interim net plunges
        89 7 Reuters LION Asiapac's net profit for the six months to Dec 31.2001, slumped 89 per cent to $0.46 million from $4.22 million a year earlier. Turnover grew to $43.93 million from $41.80 million. Lion Asiapac is engaged in motorcycle manufacturing, electronic components distribution and marine
        Reuters  -  89 words
      • Article
        Lock icon Hong Lai Huat reports $3.3m loss
        69 7 CONSTRUCTION company Hong Lai Huat plunged into the red with a loss of $3.27 million for the financial year ending Dec 31,2001, despite a 15.9 per cent rise in turnover to $67.35 million. This compares with a $2.4 million profit in FY2OOO. The company
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    • Article
      Lock icon UK group Thistle posts 28% fall in earnings
      559 7 The hotelier says tourist arrivals to UK still suffering a dip this year Reuters, Bloomberg [LONDON] London's largest hotelier Thistle Hotels yesterday reported a 28 per cent fall in annual profits and said it was still suffering from a dip in tourists
      Reuters,; Bloomberg  -  559 words
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      Lock icon Page 4 Advertisements Column 1
      634 4 9-12 April zone XJHHOI Singapore Expo 9-11 April 10.30am-s.3Gpm 12 April lD.3oam-4.Dopm The 13th Asian International Exhibition of Food And Parking te limited at Singapore Expo. Drinks, Hotel, Restaurant A Catering Equipment Suppbes Visitors are encouraged to take the MRT 4 Services and Conference, with FHA Culinary Challenge (alight at
      634 words
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      Lock icon Page 4 Advertisements Column 2
      320 4 ANNOUNCEMENT issued by QoCßCßank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) for and on behalf of FOREGAIN INVESTMENTS PTE LTD (Incorporated in Singapore) a wholly-owned subsidiary of O FRASER AND NEAVE LIMITED (Incorporated in Singapore) to compulsorily acquire all the remaining ordinary shares of $1.00 each in TIMES PUBLISHING LIMITED
      320 words
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      312 4 Call toll-free 1800 2*9 8822 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF BOMIN TEN (SINGAPORE) PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap 50. the Final Meeting
      312 words
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      Lock icon Page 4 Advertisements Column 4
      482 4 IN THE MATTER Of THE COMPANIES ACT. CAP 50 ANO IN THE MATTER OF HOME UNUMTTEO PTE LTD Statutory Declaration by Director* of to Conttm»EwiLeM of tt> I letiiMiee I DENNIS LEONG CHEE SENG oI I JALAN tembus*j Singapore ***** nric 572T020j "aw ararcsatadofcws 1 i am a *wor <*
      482 words
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      31 5 A New Generation Business Hotel n your room, you won't miss the TEA l' v band in the lobby. Welcome to I I M Hotel Singapore. It's everything you I I
      31 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      314 6 OTHER SINGAPORE INDICES Mar 4 VALUE CLOSE BT 06/0S 90.00 +263.00 BT CADI -*****.00 +197.00 BTlO-feyMA -*****.00 +9.00 A»-SG Equities 473.05 +19.94 SG EqhWm Elact 170.70 SG Eqafti** Fin 1561.48 +82.83 480.09 +13.57 MSCt Singapore 227.63 +12.05 SMSCIFatam 229.60 +12.70 Slocks Volume Datacraft 10c 32.996,000 &ngT«H 15c 25.411.000 GES Intl
      314 words
    • Article, Illustration
      Lock icon Venture Mfg: punters may lock-in profit but upside potential stays on target
      252 6  -  HOTSTOGE/ WARRANT By Ven Sreenivasan VENTURE Manufacturing was without doubt the hottest play in the local market yesterday. The stock rose $2.90 or 19.7 per cent to close at $17.60, after hitting an intraday high of $18. Some
      252 words
    • Article, Illustration
      Lock icon Turnover tops $1b as market soars
      657 6  -  (comment STOCKS ven sreenivasan THE powerful surge on the Singapore stock market yesterday came with a bonus: trading volume, at 718 million shares worth $1.19 billion, was significantly higher than in recent weeks. But perhaps more importantly, in terms of activity, only 256 counters
      657 words
    • Article, Illustration
      Lock icon Euro worst hit by Friday's Wall St surge
      588 6  -  iicomment CURRENCIES Ten and other Asian units lifted by Nikkei's 6% gain yesterday larry wee THE euro was hammered hard yesterday by Friday's explosive Wall Street rally, while Asian units were lifted by the Nikkei's surge of almost 6 per cent, and
      Source: Reuters  -  588 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2861 6 UNIT TRUSTS FUNDS II' 11 Citi Japan o 82/ GtiBond Spore A/S 1 207/ CitiBondSporeB/S 1-231/ A5N Amro Asset Mgt (S pore) Citi Money S«ng Dollar Clas B 1.0381/ Star Europe Eqry"" 0.777/ Citi Pan Europe Equity fund 1 05/ Star Europe M (1956/ CitiSelect Am Titt Balanced 1.2* Star
    2,861 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      177 7 Reach your shareholders and potential shareholders. Publicise your company's financial results in our newspapers. Call toll-free 1800 289 8822 or email recruitsQsph.com.sg name as a mar c ine craftsmanship. In a retrospective we call the CYC Museum, we have gone through our archives and put together a selection °f fine
      177 words
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      Lock icon Page 7 Advertisements Column 2
      420 7 JAPAN Means (business Suntec Singapore International Convention and Exhibition Centre, m m Rooms 201, 208-209, Level 2 Ajb. March 15, 2002 (Friday), 2pm 5.30pm Admission: By Registration A II Organised by: japan External Trad* Organ nation (JETRO) Stngaporr Representative Office, I m ;JWrr !r *de Development Board Japan Local Authorities
      420 words
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  • SINGAPORE news
    • Article
      Lock icon Stanchart jumps into mortgage fray with new plan
      410 8  -  Byi Quak Hiang Whai WANT to pay less on your housing loan? Well, open a special cheque account with Standard Chartered Bank that attracts the same interest rate as your home loan and can be used to offset your mortgage repayments. Upping
      410 words
    • Article
      Lock icon Feedback sought on rules for human tissue research
      327 8  -  By Tang Weng Fai THE Bioethics Advisory Committee (BAC) yesterday floated a consultation paper seeking feedback on new proposals for regulation of human tissue research. It also proposed the creation of a statutory board to regulate and an ethics review board to
      327 words
    • Article
      Lock icon PSA offers Evergreen lower charges
      518 8  -  Move aimed at persuading Taiwanese line not to shift operations to PTP By Beth Jinks [SINGAPORE] Evergreen Marine Corp said yesterday that PSA Corporation has offered to cut its terminal fees in a move seen as an attempt to persuade the giant Taiwanese shipping line
      518 words
    • Article, Illustration
      Lock icon SBF to have 2 exec directors
      392 8  -  By TU Chuang Peck Ming awii-iu-uc-iurinea Singapore Business Federation will have two executive directors the Trade Devel--1 opment Board s David Chin Soon Siong and the Singapore National Employers' Federation's Koh Juan Kiat. Mr Chin is now TDB's deputy chief executive officer and Mr
      FILE PHOTOS  -  392 words
    • Article
      Lock icon BG Yeo heads for US, Japan for talks
      151 8 TRADE and Industry Minister George Yeo will visit the US this month for talks with US Trade Representative Robert Zoellick on free trade negotiations. Singapore and US officials are in the final stages of free trade talks and an agreement is expected
      151 words
    • Article
      Lock icon Homestead drops retail business in revamp
      442 8  -  It'll focus on interior design; partner will handle furniture sales By »ir\ Kalpana Rashiwala uvmDo i dal; r urnliure s showroom at Thye Hong Centre has been closed for nearly two months now, but the 18-year-old business hasn't shut down. Sources have told BT
      442 words
    • Article
      Lock icon New business weekly debuts in S'pore
      138 8 A NEW business weekly The Edge Singapore made its debut in Singapore over the weekend. The publisher. The Edge Publishing Pte Ltd, has committed an initial (2 million, is aiming for 10,000 circulation by yearend, and hopes to break even in three years. Speaking
      138 words
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      Lock icon Page 8 Advertisements Column 1
      64 8 Hh ■H When the market is at its LOWEST what happens to the money you put now? HBh VI Head Office Cecil St 6 880 0688 Email: enquiry@sbsl.com.sg Website: www.sbsl.com.sq CllininilßA 1 Our Branches Ang Mo Kio 6 458 4222 Beach Road 6 292 1459 Bedok 6 445 8255 I
      64 words
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  • FOCUS property
    • Article, Illustration
      Lock icon Sino's next big thing: bus stops
      667 9  -  Ng Teng Pong sets his sight on managing large bus terminals' owned by HK govt 11 comment PROPERTY lee han shih IT'S a safe bet that property tycoon Ng Teng Fong hasn't taken public transport in decades. But he'll soon be running large bus
      FILE PHOTO  -  667 words
  • Page 9 Advertisements
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      737 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTE* OF T2MAIL PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extraordinary General Meeting oI the members of the abovenomed Company duly convened and held at 17A Hong Kong Street Singapore *****0 on 28 February
      737 words
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      Lock icon Page 9 Advertisements Column 2
      717 9 I Keppel Telecommunications S Transportation Ltd B (Incorporated in the Republic of Singapore) H US$lOO,OOO,OOO 2% Convertible Bonds I Due 2002 E Notice of Adjourned Bondholders' Meeting I NOTICE IS HEREBY GIVEN that an adjourned meeting ("Adjourned I Bondholders' Meeting") of the holders ("Bondholders") of the US$lOO 000 000 I
      717 words
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      Lock icon Page 9 Advertisements Column 3
      402 9 B| For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by 0 providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions PPPI including British Virgin Islands Mauritius 1 I Cayman Islands Hongkong I Bahamas Samoa Full nominee, management, corporate
      402 words
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      Lock icon Page 9 Advertisements Column 4
      229 9 Ml Jones Lang If W LaSalle. I CLUNY COURT 4 stofey Freehold Retail cum i I Mortgagee Sale by Tender Residential development I Located at function of Cluny Parte I and Bukit Timah Roads I Consists of 5 shops. 2 restaurants and 10 apartment units. I Net Roor area: 43
      229 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon A Budget that leaves many cold in India
      771 10  -  rfiTT^i bottom line OPINION yogi aggarwal The writer is a Bombay-based journalist who contributes regularly to BT IF there is one annual ritual that is eagerly awaited by rich and poor alike in India, it is the presentation of the country's Budget
      771 words
    • Article
      Lock icon IN OTHER WORDS
      76 10 Any university that wants to be first-rate you measure its quality by measuring how much dissent it is' willing to tolerate.' Sheldon Grebstein former president of the State University of New York, on the tide against dissent in US universities. This isn't an election; it's a farce.
      76 words
    • Article, Illustration
      Lock icon IRUs: the can of worms In Global Crossing
      907 10  -  Gong-ho treatment of irrevocable rights of use distorted the true value of the company. Investors in telecom companies beware By 1 Lutz E Kraushaar The writer is senior partner and fund manager of a privately-held investment fund in Germany THE bankruptcy of
      AFP  -  907 words
    • Article
      Lock icon Tung in the hot seat again
      574 10 EDITORIAL IF Tung Chee-hwa found his first term as chief executive of Hong Kong tough going, his second round as leader of the Special Administrative Region is not likely to be am easier. But his hard-earned experience of the last five years will serve
      574 words
    • Article
      Lock icon Governing from sixty feet under
      695 10  -  COMMENTARY Continuity is the new mantra. Who cares abont checks and balances? By Maureen Dowd The writer is a New York Times columnist {WASHINGTON] In a banner headline last Friday, the Washington Post blared: "Shadow Government Is at Work in Secret." The article said President
      695 words
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  • REGIONAL news
    • Article
      Lock icon TRI shares soar 11% on talk of Telekom bid
      533 11  -  M&A scene hots np as Malaysian Oxygen makes conditional offer for Nissan-Industrial Oxygen From Eddie Toh in Kuala Lumpur MERGER and acquisition activity is picking up pace in Malaysia with at least two exercises in the pipeline. Telekom Malaysia is widely
      533 words
    • Article
      Lock icon S&P revises M'sia outlook to positive
      292 11 KUALA LUMPUR Reuters, Dow Jones Newswires INTERNATIONAL rating agency Standard Poor's yesterday revised its outlook on Malaysia's long-term creditworthiness to positive from stable, citing an improving government budget as the global economy recovers. Malaysian debt is rated in the investment grade bracket, and the
      Reuters,; Dow Jones Newswires  -  292 words
    • NOTE Book
      • Article
        Lock icon Malaysia trade surplus slips
        65 11 Reuters [KUALA LUMPUR] Malaysia's trade surplus slipped to RM4.4 billion (Ss2.l billion) in January, more than 8 per cent down on December. Provisional data from the Ministry of International Trade and Industry showed exports rose to RM27.5 billion, up 4.4 per cent on December, but saw
        Reuters  -  65 words
      • Article
        Lock icon 14 Indon banks under supervision
        94 11 AFP. AFX [JAKARTA] Fourteen large Indonesian banks are under "intensive supervision" by the central bank, reports said yesterday. The Investor Indonesian daily reported that among the 14 banks are Bank Central Asia, Bank Internasional Indonesia, Bank Bali, Bank Niaga, Bank Pan in, Bank Universal, Bank
        AFP.; AFX  -  94 words
      • Article
        Lock icon Hyundai Engg gets Brunei dues
        49 11 Bloomberg [SEOUL] Hyundai Engineering Construction received US$2l million owed by a state-owned company once controlled by Prince Jefri Bolkiah, the former finance minister of Brunei. It settles a US$l5O million bill owed by Amedeo Development Corp for the construction of an amusement park. Bloomberg
        Bloomberg  -  49 words
      • Article
        Lock icon Gadek Cap to relist as Malton
        61 11 AFX [KUALA LUMPUR] Gadek Capital will be re-listed on the KLSE as Malton Bhd, and as part of its re-listing, Malton will make an offer to sell 122.28 million shares at RM1.60 each alongside 61.14 million free detachable warrants on the basis of one
        AFX  -  61 words
    • Article
      Lock icon Thai bourse outlook bright: SET chief
      273 11  -  Thanks to economic rebonnd, liquidity, low interest rates By 1 Vikram Khanna [SINGAPORE] Prospects for the Thai stock market this year are strong, with economic and market-related indicators looking up, Stock Exchange of Thailand president Kittirat Na Ranong said yesterday. He was one of
      273 words
    • Article, Illustration
      Lock icon M'sia checking report on Mugabe's money
      110 12 AP [KUALA LUMPUR] Malaysia's central bank is looking into a British newspaper report that claimed Zimbabwe's President Robert Mugabe secretly sent £10 million (Ss26 million) to Malaysia. A Bank Negara Malaysia official said yesterday the bank was aware of the Sunday Telegraph's report that
      AP  -  110 words
    • Article
      Lock icon Jakarta plans further asset sales to raise 7t rupiah
      559 12  -  Indosat, Kimift Farma among state firms to be privatised this year From I Shoeb Kagda in Jakarta INDONESIA hopes to kickstart its faltering privatisation programme by selling stakes in over a dozen stateowned companies this year so as to raise more
      559 words
    • Article
      Lock icon Minister's brother eyes Garuda job
      170 12 Reuters uaiwmuaj Indonesia's State Enterprises Minister Laksamana Sukardi said yesterday his brother was one of several candidates to run national carrier Garuda, a move he added was already coloured with politics. "It can and is being politicised, but it's his right to pursue a career,"
      Reuters  -  170 words
    • Article
      Lock icon Manila expects upgrade in its S&P credit rating
      364 12  -  Progress may change agency's negative rating From, Al Labita in Manila THE Philippines expects an upgrade of its credit rating after a 4-day meeting with Standard Poor's (S&P) to assess the prospects of the nation's economy. "We will take advantage of this
      364 words
    • ASIA Notes
      • Article
        Lock icon TSMC to forge global alliance
        84 13 Bloomberg [HMNCHU, Taiwan] Taiwan Semiconductor Manufacturing Co, the biggest maker of chips for other firms, said it will announce an "alliance with global partners" today. TSMC last month declined to confirm a report it will join Royal Philips Electronics and STMicroelectronics in a chip project,
        Bloomberg  -  84 words
      • Article
        Lock icon Taiwan's China exports hit 19.6%
        70 13 AFX [TAIPEI] Exports to China accounted for 19.6 per cent of Taiwan's total exports last year, making China the island's biggest export market, the Commercial Times reported, citing Ministry of Economic Affairs data. Exports to China accounted for only 9.1 per cent of total exports
        AFX  -  70 words
      • Article
        Lock icon Kerry Properties' profit falls 46%
        60 13 Bloomberg [HONG KONG] KERRY Properties, a real estate developer focusing on luxury apartments, said profit fell 46 per cent last year after it sold apartments for less than they cost and wrote down the value of a housing project. Kerry had net income of HK5395.8
        Bloomberg  -  60 words
      • Article
        Lock icon UK firms may make real-time release
        73 13 Dow Jones Newswires [HONG KONG] Hong Kong Exchanges and Clearing Ltd is considering letting Hong Kong-listed companies make real-time announcements, the Apple Daily reports. The paper quotes the director of HKEx, Lo Shui, as saying HKEx will consult the market on allowing main board
        Dow Jones Newswires  -  73 words
      • Article
        Lock icon Taipei bank rescue fund not enough
        76 13 Reuters [TAIPEI] Taiwan's Finance Minister Lee Yung-san yesterday said the state's NT$l4O billion (557.2 billion) bank rescue fund was not sufficient to cover all bank problems as several regional credit cooperatives may soon report problems. "The RTC fund really is not enough," Mr Lee
        Reuters  -  76 words
      • Article
        Lock icon Taiwan firm'g Asian gene database
        68 13 Reuters 11 AIFLIJ A Taiwanese biotechnology firm yesterday said it is close to finishing a database of genetic variations among Asians that could lead to the development of drugs for diseases prevalent in the region. Vita Genomics Inc said it expected to finish by July
        Reuters  -  68 words
    • Article, Illustration
      Lock icon HSBC takes 18% knock from provisions
      579 13  -  US$l J2b charge for Argentine operations pnlls down earnings From< Audrey Tan in Hong Kong INTERNATIONAL banking group HSBC Holdings took a US$l.l2 billion charge for its operations in Argentina last year, and chief executive Keith Whitson said yesterday that the bank will not
      AP  -  579 words
    • Article
      Lock icon First Pacific posts its first loss of US$1.8b
      135 13 HONGKONG Bloomberg FIRST Pacific Co posted its first full-year loss in 2001 since it was founded in 1981 after taking a US$l.7 billion charge against depreciating asset values and currencies in the Philippines and Indonesia. First Pacific, a Hong Kong company that
      Bloomberg  -  135 words
    • Article
      Lock icon China backtracks on foreign accountants
      210 13 SHANGHAI Bloomberg CHINESE regulators backtracked on a two-month-old rule that forced listed companies, as much as a tenth of whose results may be fraudulent, to open their books to foreign accountants. The China Securities Regulatory Commission (CSRC) said on its website that only companies selling
      Bloomberg  -  210 words
    • Article
      Lock icon HK to sell 24% more land this year
      138 13 HONGKONG Bloomberg HONG Kong will sell 24 per cent more land for private housing in the upcoming financial year after low sales this year swelled the Budget deficit to about HKS66 billion (5515.5 billion). The government will offer for sale 31 hectares
      Bloomberg  -  138 words
  • Article, Illustration
    Lock icon FINANCE
    1097 11 Traiumiikni date: Mar ZMTE&BAVS CROSS RATES m. ate M SST ,i« 0tt iE £2 is &JS £2«i5 ss :s 22 £5 0,50 China 0.232 0.192 0.139 0*4 0273 O MO 5 Mt"2.2 OU oS J 32 053 ,<9 1-074 22.009 27.305 0.442 0.628 E-n, 1665 1J77 7.173 6 559
    1,097 words
  • Page 11 Advertisements
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      179 11 Where to wine, dine and entertain... b y: 2£|9BEj A World of Exclusive Privileges Treats www.diners.com.sg /menu: uwr A Nightly Steamy Affair Sichuan Steamboat Have a craving for the hot stuff? Dine on our sumptuous steamboat alfresco style with a choice of either Sichuan. Chicken or Tom Yam stock Stock
      179 words
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      69 11 'Fantastic value! I can enjoy salads, ice cream, local desserts Wee ice kacang and tau suan, plus tresri fruit I n for only On order of any local or wedem delight from $6.90. AN prices+++ Mon-Fri: Lunch from 11.30 am onwards For reservations, please CO. 381 2138 Windsor 401 MacPkeraon
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      52 11 Enjoy S-course Executive Set Lunch V inclusive of Dessert Buffet from $16.90*** onwards (min. 2persons). For reservadoo. please kindly call. TANGUN MALL #03-04 TEL: *****818 RAFFLES CITY S C LEVEL 3 TEL 6339 1488 i fm\ |fi 4W Upper Eml Com Road II 0Q Singapore *****0 mm Spring Court Tel:
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      82 11 fTfißinn ranq mahal Buffet Lunch, Noon to 2.30pm Dinner 6.3opfn to 10.30pm (Closed for lunch on Saturdays) for rtMrvattofts, cal us at (65) 333*1788 or fu (65) 333*1660 tIAHAL l** Thnt Th* Par Ptctflc Smpporr 7 IMh MM Mm Sou** Seaport 039W5 Tainan Food q ookul ant The Belvedere A-u
      82 words
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  • Article
    Lock icon COMMODITIES
    1714 12 SICOM FUTURES Mar( RUBBER Futures (Ctosjoq prices) KS1 (5 cents/kg) Close Volume Ope* 0 Hl< 3 h Low Sett (tomes) Interest if a 2 117.75 **02 118.25 Jwi 02 ns.75 Jul/Sep 02 S.00 RSS 3 (US cents/kg) Volume Oom Mofrth L<m stt (tonnes) luttrwt 6125 300 1875 May 02
    1,714 words
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      117 12 Its ambience is reminiscent of the good old days when rich "tovvkays" entertain their business clients. Its enticing Sichuan recipes have kept diners coming hack for more. S deHtalely "V an ß zh,,u <in dnd M traditional charcoal J4B steamboat are their signatures. Its authentic cuisine is the masterpiece of
      117 words
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  • Article
    Lock icon STOCKS ASIA
    4154 13 i Transaction date: Mar 4 for more, go to ivuwxisiaonenrnarketsuxm HONGKONG .0.53 0.01,7300 w- Effitezziffi ZS 1S3 ftzzsr™*- 25 *00° gjjBgp=« s? 's ?"S? JCG Holdings __AM3 -003 2168 as S 8 5511 5 unch ?JS "i-2 22? Anhui Expressway H 1.65 0.02 824 «Nn nSi .22? A/rontech
    4,154 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      174 13 CRYPTIC CROSSWORD roundM(lt4 B Tries to defend king abroed 25 Painter captures one sort o( van hopes (7,2,5) valley (3) 13 Biting nature of insect angry 1 Calf as Chnstmas present! when disturbed (11) yesterday s solution (8-6) Ifi Rnth iL, Aerow; 1 Stoctanhand, 9 Rich, 10 River's cV\/ 6
      174 words
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  • WORLD news
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      Lock icon Scandal threatens Koizumi, reform plans
      394 14 TOKYO LDP politician in bid-rigging affair agrees to testify nnder oath Reuters A RULING party lawmaker agreed yesterday tto testify under oath about his links to an alleged bid-rigging scandal which is eroding Japanese Prime Minister Junichiro Koizumii's popularity and threatening his reform agenda. The
      Reuters  -  394 words
    • Article
      Lock icon Analysts criticise Allied Irish Bank's poor control over Allfirst
      416 14 WASHINGTON LAT-WP WHILE foreign currency trader John Rusnalk was losing US$69l million in rogue trading at Allfirst Bank in Baltimore over the? last five years, just 200 miles away in New York, Allfirst"s owner, Allied Irish Banks., was operating a totally
      LAT-WP  -  416 words
    • Article
      Lock icon Pearson sees outlook improving after slide in profits
      261 14 LONDON statement. Reuters, Bloomberg BRITAIN'S Pearson posted a 12 per cent fall in annual pre-tax profits yesterday, marking the first time that chief executive Marjorie Scardino has fallen short of her goal of 10 per cent plus earnings growth. But the newspaper
      statement. — Reuters, Bloomberg  -  261 words
    • Article
      Lock icon Bush seen levying tariff of at least 20% on steel imports
      412 14  -  Pressure moants for him to ignore free trade policy From, Leon Hadar in Washington FACING enormous political pressure from steel manufacturers and trade unions and their supporters on Capitol Hill, US President George W Bush is expected to disregard
      412 words
    • WORLD Watch
      • Article
        Lock icon EU business confidence unchanged
        67 14 Bloomberg [Dnuda&Loj European business confidence was unchanged in February after rising for two months Factory orders gained for the first time in almost a year and a half. An EC index based on a survey of 50,000 firms showed business confidence unchanged at minus 14. Another
        Bloomberg  -  67 words
      • Article
        Lock icon Bank Sarasin sells 28% to Rabobank
        59 14 Bloomberg [BASEL] Bank Sarasin Cie, a 161-year-old Swiss private bank, agreed to sell a 28 per cent stake to Ra bo bank, a Dutch company that started as a lender to farmers, ending an eight-month search for a partner. The stake was worth 378
        Bloomberg  -  59 words
      • Article
        Lock icon BMW pre-tax hits a record: report
        71 14 AFP [FRANKFURT] German car maker BMW posted record pre-tax profit of 2.6 biUion euros (Ss4.l biUion) in 2001, up from 1.66 biUion euros in 2000, the weekly auto magazine AutomobilWoche said in a report published on its website yesterday, quoting company sources. However, a
        AFP  -  71 words
      • Article
        Lock icon New firm to handle staff affairs
        83 14 AFX [TOKYO] Sumitomo Trust and Banking Co, Matsushita Electric Industrial Co, Kao Corp and AU Nippon Airways Co agreed to set up a firm to handle administrative matters for their employees, the Nihon Keizai reported. It said the new company wUI manage employee data,
        AFX  -  83 words
      • Article
        Lock icon Kirch may cede control of pay TV unit
        58 14 Bloomberg [LONDON] Kirch Holding, the German media company close to defaulting on US$5.7 biUion in debt, is prepared to give up management control of its pay-television unit Premiere, deputy chief executive officer Dieter Hahn said. "A partnership that would have management control,
        Bloomberg  -  58 words
    • Article
      Lock icon Northrop launches hostile bid for TRW
      378 15 It will make an offer directly to shareholders, after TRW board rejects unsolicited bid LAT-WP [LOS ANGELES] Northrop Grumman Corp said on Sunday it was launching a hostile bid to acquire TRW Inc for US$5.9 billion, after TRW's board earlier in the day rejected
      LAT-WP  -  378 words
    • Article
      Lock icon US economic adviser not upbeat about growth
      623 15 Lawrence Lindsey points to shortage of sustained expansion engines IHT [WASHINGTON] Despite stronger-than-expected fourth-quarter growth and the welcome encouragement of a resumption of growth in US manufacturing last month, Lawrence Lindsey, the president's economic adviser, remains cautious about how soon the US economy
      IHT  -  623 words
  • Article
    Lock icon KLSE
    2395 14 Transcuction date: Mar 4 I KUALA LUMP1UR fra -—3.x urn* 5 Vol FS8M 240 0.01 37 KM row FVV ndustries 0.33 -0 04 76 Gadang 1.11 -005 11 ASM Realty 105 0 05 352 Ganuda 5.35 unch 2032 Abfic 188 -001 96 GaradCorp .0.9* -0 23 12 ACT Industrie
    2,395 words
  • Article
    Lock icon SGX
    690 14 Transaction date: Mar 4 m O— o—i m Otm amy 2L_, aSfSZLmx. 2£! *51® Of* 1BJ0O *0 J00 ?2 i!S *22S 2* moo *OK» fiSlwT Tr- OM «lSn *?£5 £?T rMa< 0J« 0410 *0410 C»»«0»«T2Sc 0 89 ***** *1.600 SGX tc 043 1JG0 *0030 S?1?S~. 1344 »4JOO *0400 SUSOc
    690 words
  • Article
    Lock icon BONDS & WARRANTS
    685 14 BONDS WARRANTS L"* VatCww Liar 'chT -'■■I Sa>e *«r rgjggj; Wn »6«arfc>9 Left AST1W*****1 M.5 15 10 1 16 9 15, 27 imrtwnmio'' s 31 50 430 333 32 Amtek W*****0 .465 35 347 1 33 2 1.68 39 A»n*trong W040S20 -45 1 10 32 2.44 26 AaaFoodPWQ***** 05 1
    685 words
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  • Article
    Lock icon SGX MAINBOARD
    3014 15 Transaction date: Mar 4 for live prices, log on to untw'xisiaonemarketsx&rn T-r a a ara. *t a-a-a 9 6 ABNAmroWLGSfc 9 s .s:aass»r=2 s 4 a i3;SSBSSs=:8 'U "Si 525 440 s ASf USIc lflO US525 «85 2 525 525 525 I 4 3 516 25 20.5 20
    3,014 words
  • Article
    Lock icon SGX XTRANET
    31 15 r ">"' a w g "fr *25 HMD BIO s Onmumfc vS9900cd W90 WO s SDJUSTadi US«7*aJ5» «Os ISMSOSpart KM 12M *70 i ISSAPSOO UVIMOa) ***** W50 s SPOKS US10H0
    31 words
  • Article
    Lock icon SGX SESDAQ
    861 15 «s <& jt los "4 54 713 775 c AS Ama lttr« J' *7 II 52 ill ASJHIdpXk X 35 2* 5 *7 14 8 722 51 OS 20cAST110c. JJ »2 «3« J 5 31 1 l H< 215 63 c AsamedKSc 13 *05 586 13 125 05
    861 words
  • Article
    Lock icon CLOB INTERNATIONAL
    224 15 STL. a j ..-u. t ■a 1»0 CO AVJ«nngiA25cA BO 80 40 14 13* 17 720 2« 2«12i CJwungKongSOcMK._ 1710 240 63 67 3 «^6s O 45 Oty*-SoMiantUHK. 45 2 7 6 4 4 44 6 G«4*2000US. 75.5 5 10 G«»«I»>9WU$. 22-5 *1.5 ***** 23.5 21 225 23
    224 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon 12 firms have it made
      1291 16  -  They consistently top a ranking of most admired knowledge enterprises, a ranking which is to be extended to Asia for the first time this year, reports amva teo ANNA TEO TWELVE companies pretty much the usual suspects, with no surprises have consistently earned kudos as
      REUTERS  -  1,291 words
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      227 16 3gT FAY MANUFACTURING PTE LTD SI \iJ/ 7Vze Packaging People That Thinks ISO 9001 Certificate No.: 2863 The achievement of ISO 3001 A Message from our Director w (B 89. W.th the award of the ISO 9001 certificate, FAY Manufacturing Pte ltd, has readied a new milestone in its achievement
      227 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon US allots US$93m to review, improve port security
      586 17  -  Various measures will be implemented in fight against terrorism By] Donald Urquhart [SINGAPORE] The US government has set aside U5593.3 million for immediate port security assessments and improvements, while government and industry officials debate the future of port security at US seaports.
      FILE PHOTO  -  586 words
    • Article
      Lock icon FREIGHT MARKET
      300 17 Reuters THE Baltic Dry Index (BDI) rose two points to 1,033, the Baltic Panamax Index (BPI) fell six points to 1,016, the Baltic Handymax Index (BHD firmed 30 points to 6,780 and the Baltic Capesize Index (BCD was up eight points to 1,329. TIME-CHARTER: ♦Corona Fury (built 1990)
      Reuters  -  300 words
    • Article
      Lock icon MARITIME STOCKS
      267 17 MX OOO "ar_4 t$ *h «ai CWT Distribution 0.62 0.01 142 Chum Hup 0.42 unch 2010 Cosco Invastmont -0.24 unch 324 Fraight Unks 0.07 unch 120 ca Holdings 0.56 unch 0 IMC Hoidings-HK 5.60 unch 0 Jaya Holdings Oil unch 1566 KappaiCorp 4.26 0.16 6929 Koppol Marin* 0.20
      267 words
    • Article
      Lock icon Daewoo yard wins US$640m order from Bergesen
      246 17 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering, the second-largest shipbuilder, said it won orders worth US$64O million to build four liquefied natural gas (LNG) carriers for Bergesen of Norway. The 140,500 cubic metre carriers will be delivered by the first quarter of 2006, r
      Bloomberg  -  246 words
    • Article
      Lock icon S'pore starts first graduate maritime education course
      235 17  -  Programme attracts 22 students from 12 countries By] Beth Jinks [SINGAPORE] More than four years of planning culminated in the launch of Singapore's first graduate level maritime education programme yesterday, as 22 inaugural students began an 11-week course. Designed to attract shipping industry
      235 words
    • Article
      Lock icon MISC's 3rd qtr profit down 20%
      243 17  -  By Beth Jinks [SINGAPORE] Malaysian International Shipping Corp (MISC) suffered a 20 per cent drop in its third quarter results, blamed on eroded freight rates and overcapacity. MISC attributed the 20.4 per cent drop in pre-tax profit over the preceding quarter as "brought about
      243 words
    • COUNTERING terrorism
      • Article, Illustration
        Lock icon High seas patrols help deter terrorism
        765 18 A US-led coalition of ships is conducting searches of merchant vessels for terrorists, weapons or anything that could be used to finance or promote terrorism Dow Jones Newswires [WASHINGTON! SEARCHING everything from small wooden boats to huge commercial freighters, sailors from a dozen countries
        Dow Jones Newswires; AFP  -  765 words
      • Article
        Lock icon SHIPPING SCHEDULES INDEX
        125 18 PACE Fuhat 4 Append* 5 fi#tr«tt 4 BSA 6 Gem*tr«ns 4 B'tang Mas 6 Haogli 6 CMACGM 3 Hyundai 4 COSCO 3 H«n,-A 3 Cotumbtrt 6 Interasn 5 i Central Q 6 5 I I Cougar 6 Kyowa 6 It CVTGMwfe* 6 KMTC 3 Detmas 4 3
        125 words
    • Article
      Lock icon SHIPPING GUIDE
      11919 23 THEBUSINESSTIMES EXPORT Page 7 ETA ETA Advertiser VtssM Voyage Telephone ETA ETA Advertiser Vessel Voyaqe Telephone SIN Oest n Nam# Name Number Number SIN Destn Nam* Nam* Number Number 06/04 05/05 UASC AL SABAHIA C184W 65 *****410 To ABIDJAN (ABJ) 2003 Cot* D'lvolr* U/04 12/05 UASC ASIR C185W
      11,919 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        617 25 VoyMo Berth Arrival Depart ur« HAHSURT" y"j. n J 7 «/01/4:« 04/03/»00 SS*2f!L« £55° 04/0376:35 04/03/1*00 J££E2L £J£, 04/03/7:10 04/03/14:00 2JSK?™ 1 SSJ? 3 m 04/03/9:40 04/03/2100 215 103 04/03/9:15 04/03/22:00 04/03/9:40 04/03/1500 LVL. S^ 59 04/03/7:40 04/03/1700 i 1 MW J» 04/03/9.30 04/03/22.AO 04/03/900 04/03/2300 auuu ""i
        617 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1874 25 RECEIVING OF EXPORT FCL CONTAINERS AMD LCI CARGO Boofcing/Btltnc* Rstls 9*9 <• W/Btr Period From To From la COHTR AI20B 4/T7-00 a 01/1700 04/0*9* 04/0900 2* 03/1700 04/0*9* 04/0900 i wo too 04/m ***** > 04/1200 04/1454 04/1700 I AC1 OAHUA 04*4 Vtoo a um ■»«> 1 u
        1,874 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        452 25 180 MM 990.9 0.5 14J 0.09 55 0.04 P»nvtT Water tesidw ArtAI—W— Sal—irt No above E25 0 0 0 0 0 0 «M/M 380 Ave 983.3 0.1 13.5 0.05 26 0.02 m/iti «v/v J?" 380 9912 0.4 16.0 0.06 50 0.03 n %m gj —No abow
        452 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        197 25 March IB Malaysia: Islamic New Year (Awal Muharram) Brunei: Islamic New Year (Awal Muharram) Indonesia: Islamic New Year (Awal Muharram) March 21 Japan: Vernal Equinox Day Maroh 29 Singapore: Good Friday Australia: Good Friday Canada: Good Friday France: Good Friday Germany: Good Friday Hong Kong: Good Friday Indonesia
        197 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        798 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indi cated The Cockett Bunker Price Index change and
        798 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon 66-year-old Ansett grounds to a halt
        728 26 Last flight midnight yesterday; administrators preparing for fire sale of its assets Dow Jones Newswires AFP [SYDNEY] Ansett Australia disappeared from radar last night, with all hope of salvaging the 66-year-old airline gone and administrators preparing for a fire sale of the assets. The
        Dow Jones Newswires; AFP  -  728 words
      • Article
        Lock icon Virgin Express, SN Brussels may revive merger
        216 26 Dow Jones [BRUSSELS] Discount airline Virgin Express Holdings pic left the door open for further talks with SN Brussels Airlines, the Belgian air carrier resurrected from bankrupt Sabena SA's ashes. "In business one never says never," said Will Whitehorn, a spokesman for the
        Dow Jones  -  216 words
      • Article, Illustration
        Lock icon Legal fight unlikely to ground new airline Swiss
        369 26 Swissair's lawsuit a distraction, Swiss CEO tells paper Reuters [ZURICH] A legal dogfight over the new airline Swiss's brand name and design most likely will not ground the carrier that is due to take off on April 1, its chief executive told
        Reuters; REUTERS  -  369 words
      • Article
        Lock icon Watchdog denies plans to cap Qantas prices
        388 26 Australian body refutes carrier's claims of curbs Reuters, AFP [MELBOURNE] Australia's competition watchdog denied yesterday regulators would be looking to cap ticket prices at Qantas Airways Ltd, Australia's leading airline, in the wake of the demise of once second-ranked Ansett Australia. Australian Competition
        Reuters,; AFP  -  388 words
      • Article
        Lock icon First Chinese air police to take off this summer
        199 26 AFP [SHANGHAI] The first batch of newly-trained air police to protect passengers on domestic flights within China will take to the skies this summer, it was reported yesterday. A training centre, which has set up the first professional course in air
        AFP  -  199 words
      • LOG Book
        • Article
          Lock icon LTU hopes to find new shareholder
          106 26 AFP [FRANKFURT] LTU. Germany's second biggest n charter airline, hopes to find a new majority t shareholder by May or June, said major shareholder Rewe, the retail and distribution giant "We want to have found a new investor by May or June/'finance chief Gerd
          AFP  -  106 words
        • Article
          Lock icon Lufthansa's load factor improves
          74 26 Dow Jones [FRANKFI RT] German national carrier Deutsche Lufthansa said its load factor was "almost" back to the level ofa year ago The spokesman, who did not provide specific load teeter figures, noted that s total of 43 aircraft had been taken out of service after
          Dow Jones  -  74 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1293 26 SOUS 835 $032* 1240 1*771 1700 MOTO 2235 anr maw tu man no W4571 two mtsos 2250 U8TT0 2230 25 ea ""St "2S $023 0*25 6A974 0130 jflTf 239) «UI7 M Rim 2300 um» Si WW 2X5 jM— m mm $0347 OMO am gg flnnKn $OOM
        1,293 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      517 17 66-year-old Ansett grounds to a halt Bnck p.iqc Aussie watchdog High seas denies plans to patrols help cap Qantas prices deter terrorism Back page Page 2 High mm patrols help deter terrorism, page 2 Thai Alnrays has selected the president of SmaS Industry Finance Corp, Kanofc Abhtradae. as That's president
      517 words
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  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      364 18 NORTH AMERICA GULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS (3SX) 1 "*BSa W ua ISM PK |QWf KARACHI ULIIIM* (QKX) OOQAMBHU 20?W io7oi fi/U !g W I//03 H/03 ®UOTDCUt»a Off n/n M* o9 M 24/03 24/03 NYIV*GO s* 07/03 M/ 03 17/03 [ASIA EAST COABT EXPRESS (AEX) WOWHOTPPOMtt MK 14/03 14/03 24/03
      364 words
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      Lock icon Page 18 Advertisements Column 2
      20 18 Strait Talk i I FOR STRAIGHT TALK ON j y A Shipping Mattery Every Wednesday > 'f 9 v Iff l
      20 words
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      Lock icon Page 18 Advertisements Column 3
      501 18 Lines services represented by Members of (he Registry of Members of the Accredited Shipping Agents, Singapore logistics Shippirig Association Association SULY UNI MAU *k» voy [m [75 Tn* R KUMG STOKE MAIi Princess lily VQ3O2 14/03 15/03 22/04 Empress Lily V 0202 29/03 30/03 07/04 Princess Lity V 0402 13/04
      501 words
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      Lock icon Page 19 Advertisements Column 1
      1090 19 TO USA (SAX SERVICE) VBSa VOY SIM ETA LAX OAR DAL HOU CHI C(X HUM ATI NYC APtEMGUMO IOOt 04/03 21/03 25/03 25/03 25/03 25/03 26/03 25/03 27/03 27/03 *PtCANADA 1031 13/03 28/03 02/04 02/04 02/04 02/04 03/04 02/04 04/04 04/04 Aft SCOTIAMO 1071 20/03 04/04 09/04 09/04 09/04 09/04
      1,090 words
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      Lock icon Page 19 Advertisements Column 2
      1431 19 TO BOSTON 1/11 IS MYS AISO CALUHO CBS, VKIITC m xsssv&s'* zusinu w,h k xssr >*{« ,tt sssa <"*— jggg {ggjj/2 COWVBfTIOWAI 442Q5301/ISO *****323/73 WB o*l M «0 ffil (M HHI St m 151/WT mCMtfUUMOWBIMIMI nun SHtHU WinsWUtt*/DIM 07/03 10/03 13/03 I I I I W6*/W? ,1 ,0W OI'C3 i—
      1,431 words
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      Lock icon Page 19 Advertisements Column 3
      287 19 KMTC is launching a new fixed day direct service from Port Kelang Pasir Gudang Singapore to Shanghai SWBLIHIII M«I IMpplii Ma IM ■Mara Skiffiaa Un Pt. LM. M: *****551 Pw UaajO.!) 403-7077 2717(h.) 403-*****133 #14 fa*: *****114/4774*11 J Pawka Jardla* Sfctppi*! A«aa(la> »a IM afclwiWww A SHIPPING issr™"™" KO: **********0
      287 words
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      1513 20 MM^ HYUNDAI MERCHANT MARINE CO., LTD. |wsa wt jai s<xj i ia| mlmt i wi» [vma I vonr I sou luh *t* I utt I HAM IKV m HTWMISS 335* 11/07 95/03 77/02 70/07 07/03 MOLRMNE SMI 25/01 26/01 20/01 "T" ~22/0T T2/S '!2! ,J/M 94/93 94/93 *>/■ 07/03 IO7E
      1,513 words
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      Lock icon Page 20 Advertisements Column 2
      562 20 ■in 111 EXPRESS SAIUWG SCHEDULE AtSO ACCEPTING TO ALL NORTHERN AND WESTERN CO POMTS FCL TO COCHM. TUTICORM M COLOMBO 4 KAMDLA n* NHEVH SHEW ws* hoi stow couawo «.sww comcwk amsam *awA vaawow ummmot otw iimi is mi it mm ioub tmmSmm ai»ns» n: UUtBUU IWII7 lIMI 7? Ml
      562 words
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  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      1419 21 IVtSSB. VOY KHH HKO I SIN PKI DX» lAB DMM HI* MANKERMAN PC L-249 04/03 06/03 09/03 10/03 17/03 11/03 >0/03 M/ 03 KAN ISFAHAN PCL-250 11/03 13/03 16/03 17/03 24/03 25/03 27/03 29/03 IRAN HOftMOZOAN PCI-231 l»/03 20/03 23/03 24/03 31/03 02/04 04/04 06/04 IRAN TEHRAN PCL-252 2S/03 27/03
      1,419 words
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      Lock icon Page 21 Advertisements Column 2
      390 21 I UK CONTINENT SERVICE Loading lor OCEAN ISLAND RDM/ATW/BMNAiK/LPL Loads Singapore EJW Indoneaw MIDDLE-EAST SERVICE Loading for JIN SHUN HODEIDAH/JEDDAH/AQABA JOHNNY L DBI/ABU/DOH/BRN/DMM/KWT UON GLORY JDH/AQA PAN OUEEN D6I/ABU/DOH/BRN/DM M/K WT DON FRANE BUUC JDH/AQA/DMT LOK KIRTI DBI/ABU/DOH/BRN/DM M/K WT RAINIER JDH/AQA/DMT *Lo«ta Singapore E7W Malay na. Indoneaa USA SERVICE
      390 words
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      Lock icon Page 21 Advertisements Column 3
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      420 22 d)>| i IUAIeI A WEEKLY SERVICE TO SOUTH AFRICA ft SOUTH AMERICA P*t *150 ACCEPT (A»G010 BO GIAHOt. SAO fWOStO DO SUt AW) ITAJAI MA MOHTflflOtQ) Y, y«* P»*» J f-C'fwi imHi IJU« ij, lMm J™!* J/" 70/03 70/03 72/03 31/03 ~~03/04 OVO4 07/ M Egg"* —t m IEP WP.
      420 words
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      666 words
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      Lock icon Page 22 Advertisements Column 3
      54 22 0 HANGLI SHIPPING DIRECT REGULAR SERVICE JAKARTA SURABAYA JAKARTA 05/03 05/03 P KALIMANTAN 06/03 06/03 P SUMATERA 09/03 09/03 P KALMANTAN 12/03 14/03 P. SUMATERA SURABAYA 05/03 05/03 SHAN FWYU 06/03 07/03 PUAU MAMAS 09/03 10/03 SHAM4ON EXPRESS 12/03 13/03 SHAN FURYU UNfTED SHIPPING ORGANISATION PT INDONESIA SHANNON SHIPPING CORP.
      54 words
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      Lock icon Page 22 Advertisements Column 4
      522 22 BSA MYANMA mßm, FIVE STAR LINE (Myoa.or Notio.oJ Lint) Loodi»9 for Ym|mi WSSU VOT SM HI P» PGU •OKU 4W Sl» CHM SHWI HAW S4W SU) ■AIATSU AGWTS: OOUSTUD SMPPMG AGCMCKS KUL m 03-*****)00 P*L m 03-*****101 PBt TH 04-*****07 PGU: TH 07-*****21/4 BANK LINE (A service •< Andrew Weir
      522 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      124 25 /V J LEGEND: Isaued by Meteorological Service Singapore K Thunderstorm Showers y^\ a n Tempore Wind direction and speed in knots Cloudy Day Weather W Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I 1 Slight, < 1 2m -"—•One
      124 words
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