The Business Times, 21 March 2002

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Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE internet: http.//business-times.asial com.sg/ THURSDAY, MARCH 21, 2002
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  • Article
    Lock icon MARKET SUMMARY
    79 1 m UBLBB (-6.53) BT-SRI ***** (4.29) ST INDEX FUTURES 1305 (-8.00) SOfSCI FUTURES 227.80 (-1.70) STOCK MARKET INDICES Wednesday Change KLSECOMP ***** *0.68 NIKKEI 225 11,***** -266.04 HANG SENG 11.***** -186i3 SET INDEX 383.34 +7.44 JAKARTA COMP _477J» +5.64 MANILA COMP .1,***** +16.60 TAIPEI WPI 6,056.06 +152.33 SEOUL
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  • Article
    Lock icon FINANCE
    69 1 FOREX BATES us* ss L'SS (S$ per US$) 1829 £(L'S$/SS per 1.423 2.602 El'R0(1'S$/S$/E). 0.880 1.008 DM 2J16 lil2 YEN 132.1 72JW RM 3.800 2.078 HKS 7.800 4.266 BAHT 43.42 23 75 RIT1AH 9,938 5.435 PRIME RATES SINGAPORE* e.9K KUALA LUMPUR 640 HONG KONG 5.128 JAKARTA 89.00 TAIPEI 6.725
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  • Article
    Lock icon Day-long Customs blitz on top car parallel importers
    401 1  -  11 exclusive By Christopher Tan [SINGAPORE] In what may be the widest tax evasion dragnet cast since 1997, the Customs Excise Department descended on Singapore's top car parallel importers yesterday in a day-long raid. BT understands Customs swooped down on big-name companies
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  • Article, Illustration
    Lock icon Utama takes control of RHB for RM1.23b
    896 1  -  Debt-laden founder Rashid Hnssain exits banking with RM99Om From Eddie Toh in Kuala Lumpur TYCOON Rashid Hussain yesterday signed a longawaited landmark deal with Utama Banking Group that will result not only in his departure from the financial empire he founded in the
    Photo: Reuters  -  896 words
  • Article
    Lock icon Airfare dogfight moves into business class
    478 1  -  iiexclusive MAS takes on Thai rival, cuts some fares by over half By\ Simone Erasmus [SINGAPORE] Another airfare price war could break out this time in business class with two cashstrapped regional airlines already trading punches. After Thai Airways International announced "value-for-money" deals on
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  • Article
    Lock icon Interest rate fears hit Dow
    50 1 Bloomberg [NEW YORK] US stocks fell on concern rising interest rates may crimp an economic recovery. In yesterday's early trading, the Dow Jones was 86.97 points or 0.82 per cent lower at 10,548.28; and the Nasdaq fell 31.50, or 1.67 per cent, to 1849.37. Bloomberg
    Bloomberg  -  50 words
  • Article, Illustration
    Lock icon Sunset views from Sentosa bungalows soon
    450 1  -  By] Kalpana Rashiwala [SINGAPORE] The Sentosa Cove waterfront housing project is finally taking off the first plots for about 50 bungalow parcels have been slated for sale by tender around the middle of the year. Sources say the parcels which come with 99-year leases
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  • Article
    Lock icon The hard climb ahead if HP wins the vote
    763 1  -  COMMENTARY Fiorina has her work cut out to win over dissenters and buck the trend of unsuccessful tech mergers, says JBMMIFBR UP JENNIFER LIEN [SILICON VALLEY] THE proxy fight over the US$2O billion (5536.4 billion) Hewlett-Packard merger with Compaq Computer has
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  • NEXT page
    • Article, Illustration
      Lock icon Punters' bets hold up Keppel T&T
      596 2  -  Shares close above offer price as investors see chance of bid succeeding By\ Serena Ng [SINGAPORE] The share price of Keppel Telecommunications Transportation yesterday continued to hold above the offer price under Keppel Corp's privatisation scheme, as institutions and retail investors gambled on the
      Source: Reuters  -  596 words
    • Article, Illustration
      Lock icon RHB Bank chief exec's contract not renewed
      394 2  -  Yvonne Chia said to be slated for OCBCs top job From Eddie Toh in Kuala Lumpur TOP Malaysian banker Yvonne Chia's contract as chief executive officer of RHB Bank has not been renewed, tycoon Rashid Hussain said yesterday. At the same time, it
      NEW STRAITS TIMES  -  394 words
    • Article, Illustration
      Lock icon Latest status quo sets stage for rate hikes
      758 2  -  COMMENTARY But corporate earnings will drive stocks, says Andrew ANDREW MARKS [NEW YORK] ATER leaving its benchmark Fed funds rate at 1.75 per cent on Tuesday, the US Federal Reserve has set the stage for raising rates in the coming months. The
      758 words
    • ON THE grapevine
      • Article
        Lock icon Dr Doom's inside scoop
        100 2 SELF-STYLED investment guru Marc Faber always has a different economic perspective. At a conference yesterday, he noted that US equities fell last year despite a continued inflow of funds. On the other hand, Asian markets rose even though inflows stalled. His conclusion: US insiders were selling
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      • Article
        Lock icon When Richard Li drops in...
        103 2 TONGUES were set wagging when Pacific Century CyberWorks' Richard Li met SingTel's Lee Hsien Yang yesterday at SingTel's launch party for Expan its managed hosting services in Hong Kong. The excitable Hong Kong media immediately asked if the two competitors in the fight for Hongkong
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      • Article
        Lock icon Cover girl found at last
        89 2 EVER wondered how journalists track down their subjects? Find out from a one-hour report this Sunday which will tell how National Geographic located the subject of the most-recognised photograph in its 114-year history. Photographer Steve McCurry has finally found Pashtun woman Sharbat Gula, after putting
        89 words
    • Article
      Lock icon China's entry will cause global deflation: Dr Doom
      376 2  -  Byi Quak Hiang Whai 58 [SINGAPORE] Marc Faber *g tetter known as Dr Doom Df continues to preach the r se r se China, warning yesterday that the entry s of the mainland into the te world economy will create n enormous
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  • SINGAPORE companies
    • Article
      Lock icon PSC parent to sell 27.4% stake to Rich Life
      344 3  -  Sale is 11.6% above PSCs last traded price By Ling Su Ann AFTER two unsuccessful attempts, retail franchise operator Provisions Suppliers Corporation (PSC) may have finally found a new controlling shareholder. Yesterday, the company said current controlling shareholder PSC Holdings (1988)
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    • Article, Illustration
      Lock icon CapitaLand plans $350m bond issue
      362 3  -  Pricing for convertible bonds to be known today at the earliest By Kalpana Rashiwala PROPERTY giant CapitaLand yesterday announced plans for a $350 million fiveyear convertible bond issue, but said pricing details will be issued only today at the earliest. The bonds will be placed
      362 words
    • Article, Illustration
      Lock icon NatSteel slumps into $130m loss
      541 3  -  Restructuring costs, losses at industrial, steel arms to blame; group sees better times ahead By Serena Ng MULTI-INDUSTRY manufacturer NatSteel yesterday posted a $130 million net loss for FY2001 because of restructuring charges and operating losses in its steel and industrial businesses, but said it
      CHRIS LOH  -  541 words
    • Article, Illustration
      Lock icon SingTel: Not true we're eyeing HK mobile firm
      514 4  -  Focus this year is not on mergers and acquisitions, says Hsien Yang From Audrey Tan in Hong Kong SINGTEL president Lee Hsien Yang yesterday dismissed speculation that the company may buy into a mobile phone operator in Hong Kong, saying SingTel's focus
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    • Article
      Lock icon SingTel allays investors' fears
      157 4  -  By Quak Hiang Whai SINGAPORE Telecom recently allayed European debt investors' concern about its creditworthiness in the wake of the meltdown of the credit ratings of European telcos. The company had gone on a global roadshow to promote its massive bond issue, which was the largest
      157 words
    • Article
      Lock icon Shareholder sells 6m Seksun shares
      296 4  -  Morgan Stanley onitpayss44m for 4.95% stake By\ Loh Hui Yin A MAJOR shareholder of Seksun Corporation has sold six million shares worth almost $5 million to the Morgan Stanley Private Wealth Group. Focus-Tech Holding, whose shareholders include Seksun chairman Felix Ong, sold the Seksun shares
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    • Article
      Lock icon Shed fear to tap volatile markets
      637 4  -  I 14 lock siew neil behrmann VOLATILE markets present unusual opportunities to nifty investors who ignore consensus views. But the trick in current conditions is to suppress fear and refrain from greed. Previously fashionable momentum investing that is, following trends has become dangerous. And
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    • Article
      Lock icon PSA unit ends up with 55% of CWT
      319 5  -  PSA Logistics gets acceptances for 9.87% shares as its takeover offer ends By Ling Su Ann PSA Logistics said it had garnered enough acceptances to raise its stake in CWT Distribution to 55.25 per cent when its takeover offer closed yesterday. In
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    • COMPANY Briefs
      • Article
        Lock icon iSoftel in $4.6m offer
        71 5 iSoftel yesterday said It has made a $44 million cash-and-share offer for a 53 per cent stake in Bong Kong-baaed Digital Publishing Solutions (DPS). It will pay for its purchase through the issue cf 22 million new iSoftel shares and $1 million in cash for the
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      • Article
        Lock icon Competition hits Cyetech
        87 5 CYTECH Software said for 2001, net profit fell by 26.7 per cent from 43.4 million yuan (BsB4 million) to 314 million yuan. Group turnover declined by 3.91 par cent from 93.6 million yuan to 89.9 million yuan. The group's performance was affected by intense competition in the
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      • Article
        Lock icon People's Food earnings up 4.3%
        73 5 Reuters CHINA-BASED meat products firm People's Pood Holdings said yesterday its2ool net profit roee 43 per cent to #15 million yuan (SslB6 minion), thanks to higher sales. Revenue was up334per cent to 444 billion yuan, the firm said. The firm said it expscts to continue
        Reuters  -  73 words
      • Article
        Lock icon Plunge in Bonvests profit
        72 5 Reuters BONVKSTS* 2001 net profit dived to $141 million from $1633 million. Turnover Ml to $181.79 million from $196.49 million. Bonvests has diverse activities covering property development, hotels, waste management and building maintenance services, food and beverage and marketing of branded luxury consumer goods. It said
        Reuters  -  72 words
      • Article
        Lock icon Spindex posts 70% profit fall
        73 5 Reuters SPINDEX Industries said its net profit fell 70 per cent to $1.11 million for the six months to Dec 31,2001. Turnover fell to ***** million from $29.66 million. Spindexis engaged in the design and manufacture of custom-made precision-machined components sub-assemblies. The directors expect the
        Reuters  -  73 words
      • Article
        Lock icon Pressure on TSM margins
        51 5 Rotten TSM Resources' 2001 net profit plunged OB per cent to $0.50 million. Turnover fell to $541 million from $7.48 million. TSM, a supplier of marble and granite products, said the drop in profits was mainly due to reduced turnover and the cnirtimiing pressure on gross
        Rotten  -  51 words
      • Article
        Lock icon HG Metal IPO 10 times subscribed
        42 5 HG Metal Manufacturing, a steel stockist and manufacturer, announced that its initial public oflbr of 17 million shares was 1042 times subscribed. The public tranche 0f*****0 shares was 311 times subscribed. The shares start trading today.
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    • Article
      Lock icon BOT turns down UOB Radanasin rights
      332 5  -  Its stake will fall to 21% from 25% if issne goes through From Harish Mehta in Bangkok THE Bank of Thailand has refused to buy new shares of UOB Radanasin Bank to be issued later this year, as well those of other foreigncontrolled banks
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    • Article
      Lock icon Teckwah posts $8.8m profit on $130.7 million turnover
      267 5  -  By, Adelin Chia TOUGH conditions for its supply rhain operations and weak regional economic conditions caused Sesdaq-listed Teckwah to post a 12.9 per cent profit drop to $8.8 million for the year ended Dec 31, 2001, the company said yesterday. Its core
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      123 3 IBJaMiayLil I For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial, banking and professional
      123 words
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      155 3 ■KH AT&T ENHANCED VPN SERVICES PUTS YOU ON THE FAST LANE Looking for a flexible and reliable networking solution it is an economical solution to businesses like yours, to support your growing application needs? Dreaming of Trust us to build and manage your regional or global a networking solution that
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      26 5 THE PLACE TO a 77an PARTY t-'P -j.',; jR;".r;T BAR Mondays Saturdays Old Thong Choi Medical Hall 50 t u Tonq Sen Street Tel: 6532 6006
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      353 5 I Asian Institute of Management I Attmm mmmmfmeu with a t total ptrtptcuvt H II Visit us at AEC Centra, 141 Marie* Street 401-00 8(*****4) For more information, please call Jimmy or Nicola at Tel: 0221 3704 Fax: 0227 3470 EmaM: nicoleOeec.edu.eg if SeDlt. Frndft. t J/MjM Chief Executive Officer
      353 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      255 6 OTHER SINGAPORE INDICES Mar 20 VAU/E CLOSE WW 277.00 -168.00 ITCMI -*****.00 -58.00 -*****.00 +27.00 476.38 -1.64 174.20 -2.34 HlpMwHi 1567.22 -4.14 470.32 -7.08 MWMwppwi 228.28 -0.96 V*aylnd5c 55,153,000 ASTI 10c 25,175,000 PacfflcCenturylOc 21,381.000 IPC Corpn 5c 20,960,000 Achleva 5c 17,816.000 QES (net LW 20c 17,582.000 20c 15,462.000 ST Assembly
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    • Article, Illustration
      Lock icon Technical readings for CapitaLand remain weak
      278 6  -  HOT STOCK/ WARRANT By' Ven Sreenivasan THE stock of property giant CapitaLand has been under pressure in recent weeks, and slipped four cents to $1.89 yesterday after 8.5 million shares changed hands. Market sources attribute the retracement to foreign institutional selling, although yesterday's selling
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    • Article, Illustration
      Lock icon Up, up and down.. .up, up and down
      729 6  -  l i comment STOCKS ven sreenivasan IT was a repeat of the familiar tale "two steps forward, one step back" for the Singapore market, which retreated yesterday from Tuesday's year-high as blue chips succumbed to profittaking. The US Federal Reserve's upbeat take
      729 words
    • Article, Illustration
      Lock icon US$ firmer against yen, European units
      549 6  -  I:i i comment But the real winner the Annie dollar may target highs ef up te 54 US cents and 96 Sing cents larry wee AN expected move by US central bankers on Tuesday found the US dollar on a firmer footing yesterday, but
      Source: Reuters  -  549 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    1953 6 UNIT TRUSTS FUNDS Gtuapan o» CitiBond S'por* A/$ 1.202/ OWondS'pwH/S 122* yp**> cw Money Sing Dollar Class B 1038* Star Europe Eqty!" 0*1* Citi Pan-Europe Equity Fund 11/ Star Europe Bd 0 96/ CrtiSelect Asia Till Balanced 1 3/ Star Europe Bal 0.88V GbSelect Asia Tilt Growth 12* Star Asian
    1,953 words
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  • SINGAPORE news
    • Article
      Lock icon Feb US chip equipment orders up 10% from Jan
      292 7  -  I =*73 on the economy chip equipment orders -By Geraldine Lor NORTH America-based manufacturers of semiconductor equipment posted a higher book-to-bill ratio of 0.87 in February, according to preliminary figures from Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 0.87
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    • Article, Illustration
      Lock icon PAP whip to be lifted for all MPs at times
      468 7  -  PM'sPAF proposal modified: debate will be livelier By Chuang Peck Ming THE new Parliament will see more robust and lively debate in its chambers with a move by the ruling party to provide, among other measures, more opportunities for the
      FILE PHOTO  -  468 words
    • Article
      Lock icon Colliers CEO joining Sun Hung Kai?
      324 7  -  Property consultancy sector seeing string of other departures as well By Kalpana Rashiwala THE property consultancy business has been hit by a string of resignations lately, and the latest market talk has it that departing Colliers Jardine Asia-Pacific CEO Jonathan Petit is headed for
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    • Article, Illustration
      Lock icon Chinese VP Hu Jintao to visit S'pore in April
      411 7  -  He will be here for 24-henr stay before leaving for US By Loh Hui Yin HU Jintao, the man who would be [resident of China after incumbent Jiang Zemin steps aside, is coming to Singapore next month. His 24-hour visit en
      REUTERS  -  411 words
    • Article
      Lock icon Car prices expected to head north again
      329 7  -  00E premiums up to 12-month highs in last tender fir enrrent quota year Bj/i Christopher Tan AFTER a year of stability, car prices are likely to head north again as COE premiums rose markedly at the last tender of the current quota year
      329 words
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      Lock icon Page 7 Advertisements Column 1
      28 7 Hi simply BREATHTAKING asi a n Mondays Saturdays 0' ci T''o"cj Oia> Mi dual Hci 11 50 F u loncj Sen St( ii t f Tel: 6532 6006
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      Lock icon Page 7 Advertisements Column 2
      43 7 li i\ l ll(!!llli'' ill im ■Ld^H ■y^H PIAGET Boutique: #01-11 Ngee Ann City Tower B. 391 Orchard Road. Singapore *****4. Tel: 6732 6831 Authorised Retailer*: Cortina Watch Deluxe Eastern Watch Roy Eastern Watch Sincere fine Watches The Hour Glass (Scotts Shopping Centre)
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  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      310 7 CRYPTIC CROSSWORD ACROSS nation of employment (4) llt should add spice to the 5 Londoo, •B* s joumeyl (6,6) astef JJ 9 Miserable surroundings for °VL!° 00vef 188,11 dB P ar one ship's sendrig off (9) r" 88 10 Impression of road being up 7 n 1 dream created a
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  • EXECUTIVE suite
    • Article
      Lock icon New homes for sale
      548 8 M iLI DEVELOPER/OWNER DBTWCT LOCATION SIZE TOTAL UMTS NO. OF PRCE TENURE 'JL <*•> LAUNCHED UMTS SOLD (Sptf) Algreen Properties 3 C>**lth Ave/Stiring Rd 914-2,723 73 705 548 99^T D s VMCMOwnl 904-1,227 508 MS 550 90-yr niijil.nin.niMa Spcwigelar PropenHee 9 River \MeyRd 1,119-1,378 46 5
      548 words
    • Article
      Lock icon Property agents get creative
      640 8  -  Ifs not just tissue packs. AMDBHA TAN finds out they also use walking billboards and educational talks to land clients ANDREA TAN IT starts with the calls, flyers jamming up the letter box, and that knock on the door. Sometimes, a packet of tissue paper is
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  • Article, Illustration
    Lock icon FINANCE
    808 8 Transaction date: Mar 20 arrgEBAMM CROSS RATES MM uri urnw UM am aapgjw MM uplmb cw* i m ii44ft.ni <m mm iw mum urn on cm lot us vsn szjo um ym iS tumwm u S cm* w» i« am um ui; om un im u» up in us
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      74 8 TME N T OP P O NI T Y r* JH W A I ?y^r\• Interested parties, please contact Marketing Agoa. Mrs Doris Tan /2v 54 Club Street Singapore *****1 1»1 D^T Tel: (65) 6223 911? Fax: (65) 6225 3165 BARRATT .^Lo. Email: dstpropOsmgnet.com.sg sp^Z^c^*~cy terP tl n l Pr
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  • MAIL bag
    • Article
      Lock icon There are cheaper toiletries; but not petrol
      405 9  -  Yeo Guat Kwang President Consumers Association of Singapore (Case) I REFER to the commentary "What's wrong when pump prices go up" (BT, March 20) by motoring correspondent Christopher Tan. The Consumers Association of Singapore (Case) agrees that petrol prices are determined by market
      405 words
    • Article
      Lock icon SGX scrip lending can succeed
      162 9  -  Denis Distant Singapore I REFER to your article 'Lift T+3 cap on scrip lending to boost demand: Brokers' by Angela Tan (BT, Mar 14) on scrip lending and find little justification for the excuse that its failure to gain general acceptance is because "the first
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      373 9 rage 9 Between now and 29 March, 2002 book a business class ticket* and pay only the amount you would normally pay for an economy class ticket on other airlines (or maybe just a little extra). Tickets purchased must be for flights departing before 31 st August, 2002. For reservations,
      373 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Calling truly independent directors
      812 10  -  OPINION •i; -i bottom line david mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT. BLAME for the Enron fiasco spreads far and
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    • Article
      Lock icon IN OTHER WORDS
      38 10 'And so Dubyaman was born. A deranged superhero destined to skid on the banana peel of his own ineptitude.' -JvgSkrafya writer of an Indian comic strip, on his parody ofgaffe-prone US President George W Bush.
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    • Article
      Lock icon The end of rate cuts by the Fed
      581 10 EDITORIAL AS expected, the US Federal Reserve's Open Market Committee left interest rates unchanged following its meeting on Tuesday, but left little doubt that the 15-month rate-cutting Cycle is over. The question now is when the Fed will raise rates again, and
      581 words
    • Article, Illustration
      Lock icon Dashing of the dream for China investors
      1333 10  -  They came np empty because they failed to do proper market research and ignored basic economic realities of the majority of the population By* John Gee John Gee is a freelance writer PEOPLE'S clothes have turned to shades of blue and grey and
      REUTERS  -  1,333 words
    • Article
      Lock icon Digital divide debunked
      631 10  -  COMMENTARY By Robert Samuelson The Washington Post Writers Group IT may turn out that the "digital divide" one of the most fashionable of recent political slogans is largely fiction. As you will recall, the argument went well beyond the unsurprising notion that the rich would own more
      The Washington Post Writers Group  -  631 words
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  • REGIONAL news
    • Article
      Lock icon Manila stock scandal to go to court
      570 11  -  140 to be charged for rigging BW Resources share price in 1999 From Al Labita in Manila THE case of the Philippines' biggest stock scam is going before the courts and the first batch of those to be charged 140 of them have
      570 words
    • Article, Illustration
      Lock icon M'sia forecasts 3.5% growth for 2002
      505 11  -  Moderate projection likely to be due to uncertain timing of US recovery: economists From\ Diana Oon Abdullah in Kuala Lumpur MALAYSIA expects GDP growth of 3.5 per cent this year, saying that the "timing and magnitude of the economic recovery in the US would
      505 words
    • Article
      Lock icon Ringgit peg to US$ to stay
      60 11 KUALA LUMPUR AFP MALAYSIA'S four-year-old currency peg of RM3.80 to the US dollar has provided economic stability and will not be changed, the central bank said yesterday. In its 2001 annual report, Bank Negara Malaysia said its policy would focus on ensuring the peg
      AFP  -  60 words
    • Article
      Lock icon KLSE to launch circuit breaker from Monday
      182 11 KUALA LUMPUR AFX KUALA Lumpur Stock Exchange will implement the circuit breaker mechanism from March 25 to enhance market stability and investor confidence, a KLSE statement said. It said the circuit breaker a mechanism to halt trading activities temporarily when large declines are
      AFX  -  182 words
    • NOTE Book
      • Article
        Lock icon Bomb scares at Manila train stations
        97 11 AFP [MANILA] Police in the Philippine capital have gone on ftill alert following the discovery yesterday of two bombs <mi the city's train system. President Gloria Arroyo said police "have narrowed down the suspects". Police say they have not ruled (nit the possibility that
        AFP  -  97 words
      • Article
        Lock icon Tommy's trial adjourned to March 27
        87 11 Xinhua [JAKARTA] TOe murder trial of former Indonesian president Suharto's youngest son. Hutomo "Tommy" Mandala Putra, was adjourned yesterday until March 27 after a court session of about tw<nmd-a-half hours. Tommy, 40, is accused of masterminding the murder of Supreme Court Judge Syafiuddin M
        Xinhua  -  87 words
      • Article
        Lock icon IFC wins battle with Indon debtor
        69 11 Reuters [JAKARTA] The World Bank's commercial arm s&id on Tuesday it had won a three-year-plus battle with an Indonesian debtor, putting to rest a case that highlighted the country's shoddy legal system and sent shivers through the investor community. "Hie International Finance Corp (IFC)
        Reuters  -  69 words
      • Article
        Lock icon Taiwan may abolish stock fund
        64 11 Bloomberg [TAIPEI! Taiwan's Ministry ofFhawi mtyiw*pthf island's National Stabilisation Fund, gradually selling NT$l63 billion billion) of shares it bought to support stock markets last year, the finance minister said. The Nl*soo billion ftind, established before Taiwan's March 2000 presidential ejection, was meant to be a
        Bloomberg  -  64 words
      • Article
        Lock icon Pertamina to give up Natuna share
        93 11 Reuters [JAKARTA] Indonesia's state oil company Pertamina said yesterday it was ready to give up a 13 per cent stake in Natuna D-Alpha natural gas field to Malaysian counterpart Petronas. Exxon Mobil has a 76 per cent stake in the D-Alpha natural gas block
        Reuters  -  93 words
      • Article
        Lock icon Xiamen,Egypt Air plan KLIA ops
        98 11 Bernama [KUALA LUMPUR] Xiamen Airlines of China and Egypt Air will be starting operations at the Kuala Lumpur International Airport (KLIA) soon. Malaysia Airports corporate communications general manager Azmi Murad said Xiamen Airlines will fly twice weekly, from April 27, on Wednesdays ami Saturdays using
        Bernama  -  98 words
    • Article
      Lock icon CyberWorks swings back with US$243m profit
      277 12  -  Core business focus, debt and cost cats, pradent investments cited From Audrey Tan in Hong Kong PACIFIC Century CyberWorks yesterday said it managed to turn around from record losses in 2000 to a US$243 million profit last year. Ebitda (earnings before interest, tax, depreciation
      277 words
    • Article
      Lock icon Taipei minister quite after 8 weeks
      160 12 Bloomberg [TAIPEI] Christine Tsung, who ended an 18month stint as president of China Airlines Co to become Taiwan's economics minister, resigned after eight weeks, saying she needed a "rest". "I feel like a burnt rabbit who mistakenly entered politics," she said in a statement.
      Bloomberg  -  160 words
    • ASIA Notes
      • Article
        Lock icon HKEx to start pre-opening session
        80 12 AFX [HONG KONG] Hong Kong Exchanges and Clearing said It will start a pre-opening session, and an index basket order trading mechanism in the securities market on March 25. The preopening session will consist of a period for order input from 9.30 am to 9.45
        AFX  -  80 words
      • Article
        Lock icon Taipei seizes copies of Next magazine
        61 12 Reuters [TAIPEI] Taiwan seized thousands of copies of a magazine owned by Hong Kong media mogul Jimmy Lai yesterday, accusing it of attempting to leak state secrets. The latest Taiwan edition oiNext alleges that former president Lee Teng-hui approved a NTJ3.S billion (SslB2 million)
        Reuters  -  61 words
      • Article
        Lock icon HKMA salary review not finished yet
        73 12 Bloomberg [HONG KONG] The Hong Kong Monetary Authority said it hasn't completed a review of staff salaries aimed at putting Its remuneration on par with that of the private sector, where companies have cut pay amid an economic slump. HKMA is considering a 5
        Bloomberg  -  73 words
      • Article
        Lock icon Pakistan to merge forex markets
        58 12 Dow Jones Newswires [KARACHI] Pakistan's central bank plans to merge Its foreign exchange markets—the money changers' kerb currency market and the official interbank market—to comply with International Monetary Fund conditions. It will first form forex companies from July l to replace the kerb currency dealers
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    Lock icon COMMODITIES
    1265 11 8ICOM ruxuaBS AfargO ajsss 0 o_ 5 u» umt oww) h>wi5 Air 02 wff May 02 txiM A9 kS£«9 bu# M/U9K BUS ISSIftJScntiAt) Mm OM w I— Lg» Srtt (tww) IrtOTrt JF" «5o ioo so "■J* 2-2 £5 ttM 425 ■J?-® 2 M 6925 69 00 69.00 200 2200
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    Lock icon STOCKS ASIA
    4215 12 Transaction date: Mar 20 for more, go to wwwjomaoTienmarketsjoom HONG KONG CGM* AM O.M ***** Interchina Hldgs 0.92 -0*1 1124 tW Inter-form Caramel 0.02 undi 3600 W1Banfco»A»a 1*8 -002 1810 AqOM^MMufamtdM—J.40 inch 0 (Regent Group 0.16 a01 3M i2 JC?Hottngi 4.71 <05 SOI JJB 0*5 3773 Jiangsu Express
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      240 12 HOME NEEDS The Straits Times Classified. Classifications 90 120. Buy It Sefl It Find It i* isf jiol r I II -±a ranq mahal Buffet Lunch. Noon to 2.30pm Dinner 630pm to TO .30pm (Closed for lunch on Saturdays) ftr marvation, cal u> at (65) 6333 T7BB vita (69)*****660 i
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      82 12 Rasa Singapura Ist March—3l at March 2002 Atrip down memory lane.. Carbon Hotel brings you the nostalgic favourites of crispy chicken ngoh hiang, tantalising satays, heartwarming yong tau fu and many more. Exclusively at the Cafi Vic. Supported by the Singapore Hotel Association and Singapore Tourism Board. Prices begin from
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      34 12 "Fantastic value! icanenioy salads, ice cream, local desserts*. icekacangond tau suan fresh fruit *On ortfar of any mKw wrtam doUgN from ML»O ABpilm WW Tat 6343 0088 FW 6343 0033 huia. wwJto6»)*inJ«orconi.ag WINDSOR (0-jwhob-IWICT^PI.UJ)
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      42 12 Fun Fasls>n mU Every Friday is Fun Fashion Night at the Discovery Pub as a bevy of beautiful ladies parade the latest in resort wear. Fashion show starts at 9pm. Our house band Foreign Affairs entertains before and after the fashion show.
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      43 12 THE ESSENCE OF BORDEAUX GASTRONOMY 13-24 MARCH 2002 presented by Guest French Chef Jean Jacques Dugardin «at Top of the 'M' Revolving Restaurant M Reservations: 6831 6258/88 H«RM. Mantlarut QQ Svyaparr m 333 Orchard Road. Singapore *****7. T<H: 6737 4411 Fax: 6732 2361
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  • Article
    Lock icon KLSE
    2015 13 Transaction date: Mar 20 KUALA LUMPUR fnmrlHmm la int) 3 W8M—. 2_37 -0 03 10 m w- rmm oas -aio 7 Gadano Ml 031 1 ABM Realty 1.11 0.03 S53 Gamuda 5J0 <.15 1322 Abnc 130 0.01 70 GanadCorp 1.00 001 5 A&Wxkiarim 3-20 unch 3S0 GwT*h 1JS -001
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    Lock icon SGX
    470 13 Transaction date: Mar 20 > —Pi m Om *mm 3 fS 2S SS" 18 a tss rntMCMlk IJt UOB out u Tin ?M OUZtsc t,** 12 2-«-»HHC 55 oS? t5 2HS? Tat M» a»» -«J» MRV OlS 1J® oSrflouHJit £2* lam 14.1W -0JB0 OS7 M AM MTWt 0J1 OJK
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    Lock icon BONDS & WARRANTS
    613 13 BONDS WARRANTS M MCM mm MK 55H! rmm*» Mm »<■*» u» AST1VW***** OS 3 1231 1 M 5 130 27 AonaUdWWIIIt 1 430 333 38 AmWWOSOSIO 64 -1 «M 1 33 l5 39 Amwnong \MM0520 4J 1 K) 26 230 X <**ocdHWMHU jU 1 ih 2379 if 4 Bar6*SA*****1 Mft
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      75 14 i Cf i M tl Can our workforce keep pace with technology? Is retraining yielding results? How do we keep working mothere working? Can we tap on the ageing population? Should we bring in more foreign talent? Will life sciences give us the edge? How can we improve Singapore's competitiveness?
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  • WORLD news
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      Lock icon Lightest US recession ever? IMF sees growth picking up
      417 15 BRUSSELS Growth forecast to reach &8% next US$ seen as risk Reuters THE International Monetary Fund says it sees the US recovering faster than previously thought, but believes an overvalued dollar remains a risk to the overall economy. In a copy
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    • Article
      Lock icon BOJ monetary policy unchanged
      404 15  -  From, Anthony Rowley in Tokyo THE Bank of Japan's Policy Board decided yesterday to leave monetary policy unchanged, reinforcing a growing view that Japanese authorities are shying away from radical actions to counter recession and deflation now that global economic prospects are improving. Trade data also
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    • WORLD Watch
      • Article
        Lock icon Deutsche Bank,Lloyds in talks
        86 15 AFP [FRANKFURT] Deutsche Bank of Germany and Lloyds TSB of the UK have resumed talks on a possible merger, the monthly manager magazin said yesterday. The banks abandoned such a negotiation last year but both were now undo* pressure, it said. Lloyds could no longer expand
        AFP  -  86 words
      • Article
        Lock icon Lahman Bros Q1 earnings down 23%
        125 15 Reuters, Bloomberg [NEW YORK] Wall Street firm Lehman Brothers Beddings yesterday reported a 23 per cent drop in quarterly earnings doe to weak equities operations and an unabated decline in merger activity. It was a profit drop for the third straight quarter, Lehman posted
        Reuters,; Bloomberg  -  125 words
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        Lock icon GE not interested in Tyco unit CTT
        67 15 Reuters INIW YORK] General Electric Co is not in talks with Tyro about buying its commercial finance arm, CTT Gro«q>, and haa "no interest" in the unit at this time, a GE spokaaman said yesterday. He was responding to by Moomberf News that
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        Lock icon Goldman Sachs may cut staft report
        55 15 Reuters [NEW YORK] Top US investment bank Goldman Sachs Group may slash its workforce by 4 to 6 per cent or as many as 1,380 employees, the Wall Street Journal reported in its online edition yesterday. On Tiwariay, the company reported that first quarter
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      • Article
        Lock icon Halliburton to split into two units
        49 15 Bloomberg (DALLAS) Halliburton Co, the world's second largest oilfield senrksas company, will split into two units *ni may fire soma workers to cut costs, chief financial officer Douglas Foshee said. Halliburton is separating its energy services unit from its construction and engineering business.—Bloomberg
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    • Article, Illustration
      Lock icon Demand by Global Crossing shareholders
      392 15 Bloomberg [NEW YORK] Global Crossing shareholders seeking to refinance the bankrupt network operator are demanding information about ties between company executives and two Asian investors that have agreed to buy its assets. The shareholder group wants the data in 30 days, according to a statement
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    • Article
      Lock icon Surprise rise in housing starts
      336 15 LATEST US DIDXCATOBS Bloomberg [WASHINGTON] US housing starts unexpectedly rose in February to the highest level in more than three years, suggesting the market for new homes will underpin an economy rebounding from recession. Builders started work on 1.769 million homes at an annual pace
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      Lock icon Derivatives markets set for mergers
      688 16 BOCA RATON, Florida SGZ chief Kloet keen on acquisition as Asia is rare to follow consolidation seen in Europe Reuters ONLY the fittest derivatives exchanges around the world will survive an expected onslaught of mergers and consolidations that likely will transform the industry in the
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      Lock icon Soros proposes SDR plan to help world's poor
      385 16 MONTERREY, Mexico Reuters GEORGE Soros, billionaire speculator-turned-philan-thropist, seized the limelight at a UN conference on Tuesday with a plan to turn obscure financial instruments into gold for the world's poor. Mr Soros has proposed using Special Drawing Rights (SDRs), which are a
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      189 15 \o/ ices M TH£ MATTES Of THE COMPANIES ACT, OUPTH SO AND IN THE MATTER OF AHSATE PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) NOTICE Of RESCHEDULED CREDITORS' MEETING NOTICE IS HEREBY GIVEN, pursuant to tedion 296 (I) of lit* Comporoes Act. Cap. 50, that o Mealing of Creditors of
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      171 15 IN THE MATTER Of THf COMPANHS ACT, CHATTER SO AND IN THE MATTR OF (H K«*AirUtaii® Group Pit M R«g No. *****1507H (2) Kon-Air InconlNo A Cotwortfon Mannar* toUd R*B No. *****4908E 13) Kan-Air Trwri Manogatnant Systems Na lid Rog No *****5774W (4) Kan-Air Entertainment Sarvico* Group No lid R«g
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      1394 15 CYCLE CARRIAGE LIMITED (incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 33rd Annual General Meeting of the Comoanv will be held in The rwmtoi AM*forthe s n 9 apore 5 Raffles Avenue, Singapore *****7 on Tuesday. 7 May 2002 at 11 As Ordinary Business:
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      294 16 The Rise and Rtoe of China 100% Coital and 3% MHmum Return Protection 1 China is fast becoming an economic powertxxjse. Her recent entry into the These features protect you from any downside while letting you enjoy China's World Trade Organisation will further accelerate the opening of her huge exciting
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      412 16 MPH LIMITED (Incorporated in Singapore) LOST STOCK CERTIFICATE The undermentioned certificate ha* been reported bet. daatuyaU or miaMd:Kwok Swee Hua *****3 $6,000 NOTICE B HEREBY GIVEN that a new oertmce» be I—l wid to ortglnal certificate w« be deemed duly canca>ad and void fourteen (14) day* fromtte date untea* vaHd
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      418 16 InAMM—arof WMCnipanl.i A«. Cep. SO Aad la Am Mtftor of amumDD (tn¥ll ill rj ||j H t, j MCMMr VOUMMIT wmommit Atoa bwoonWy 0»mb1 ayaaadtdbald Mowing Spncicl taioMoa «mm daeoMd pouad punuanl to taction 179 (6) of *a Cawpoaiai Aa. Cap. 50. SKdAL ttSOUmON KfSOtVfD). |o| TV* punuonl to Sacfen
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      53 17 1 iUDEMARSPIGUET if ma fre> <*e I'horlogerie depuis 1875 R soi°orl-h A a^"»«!H O .T. r i OO .ft/f. C B,re: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. "TLir in f t ACC #03-10/11 Wheelock Place Singapore *****0. Tel: 6238 6678 Fax: 6238 6676. IHEI KXIRvjLASS internet: http://www.audemarspiguet.com IK Scotts Shopping Centre
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  • BIZIT
    • Article
      Lock icon Digiland in $100m deal to resell IBM servers and storage in region
      368 17  -  By Geraldine Lor SINGAPORE-BASED Digiland International Ltd aims to sell $100 million worth of IBM servers and storage solutions in six countries in the AsiaPacific region by next year. Digiland will also offer value-added services such as pre-
      368 words
    • Article, Illustration
      Lock icon Operations here likely to be hit only over the long term
      511 18  -  HP-COMPAQ MERGER Both companies have direct sales teams in S'pore for overlapping product groups; they could be affected by headcount cuts By Tang Weng Fai Following HewlettPackard's interim declaration of victory in its merger with Compaq Computer, the local
      511 words
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      Lock icon Reaping the fallout from tech's great shotgun wedding
      644 18  -  I comment INFOTECH HP and Compaq could tie the knot, yet see rivals divvying op the dowry. Unless... Kenneth James THEY came to listen to Dell Computer Corp founder and chairman Michael Dell, who was in Singapore for just a day. But
      644 words
    • Article
      Lock icon Capellas 'absolutely confident' of victory
      441 18 Voting by Compaq shareholders likely to proceed smoothly Reuters, LAT-WP [HOUSTON] Shareholders of Compaq Computer Corp were set to vote yesterday on a proposed merger with Hewlett-Packard Co in what was expected to be an easy win for the US$2O billion deal endorsed by the
      Reuters,; LAT-WP  -  441 words
    • Article
      Lock icon Deal may tie HP to fading market: analysts
      342 18 LAT-WP [LOS ANGELES] Even the largest technology merger in history may offer little cover from the inexorable cycle of change that is pushing the PC to the sidelines, technology historians say. If the merger with Compaq succeeds, as HP claimed it did
      LAT-WP  -  342 words
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    Lock icon SGX MAINBOARD
    2911 17 Transaction date: Mar 20 for live prices, log on to wurwjasiaonemarketsjixnn •m"lL J5L La«q—i GrOte OK GrtW MM MCa Mm t u» c—eg w, w- rwn i— %Cw m >a 6 ABNAmroNLG 56c 9 s .sssasssf s su =2 2 'v 2,'i 2 v 4i a 500 356
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    Lock icon SGX XTRANET
    41 17 SH> W# I— r ZZ trfNv M» CflM Mm MCw MMm —2B—■» c» S >3 T5 "M> S10 s Dumondi US9900 M)0 UO s IS QJ us T«d> LfSSOOO Jg J*' SMSOSpora US57S 'JBO WOlBS«00 USiino UISOWMJSIWB us WHO
    41 words
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    Lock icon SGX SESDAQ
    894 17 c-r-t w- n& mST L~ lytL*"% w 'StTg 405 12 t ffcwv**" f, 3 215 ]*5 1® 5 N 14 M 357 IS «5 275 c AS Auto Mc St5 «7 21 f 55 18J 20 52 «c A5JHtdgs20c 51 .6 2 J C 10 W "J 'C
    894 words
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    Lock icon CLOB INTERNATIONAL
    94 17 w jg cT ar ra w M m 5., OmxgKongSOcMC 17» 240 6J I? t *5 10 GtnUngMUS.21 «dl 2605 21 2 21 213 Ml ZZSSSozS. «g Hutdwon 2Sc HK 1480 J7, »MBJ HyunHKSSSOOOHK... 57 7 KcppHPhttSOOUS. 7B NmWofUDtvHK ,nt ,R? JM 25 OwltaA... JO 06 19 5
    94 words
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      193 18 Lateral thinking? RL NEC's Intelligent Contact Centre solutions for your business success! Managing an effective contact centre has its challenges so you need to take advantage of anything that's going to improve customer service, grow revenue and keep your customers happy. It's difficult; at least it was, before Q-Master EX
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      275 19 Reuters THE Baltic Dry Index (BDI) rose two points to 1,076, the Baltic Panamax Index (BPI) fell nine points to 1,062, the Baltic Handymax Index (BHI) firmed 53 points to 7,214 and the Baltic Capesize Index (BCI) was up eight points to 1,343. TTMIMIIAWBfc ♦Diamond Warrior (built 1964)
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      Lock icon MARITIME STOCKS
      233 19 *l» n w CWT DMtributlan 0.77 oIS 23 ChuanHup 041 unch 1067 Coaco tnvMtmfit _0-24 unch SOS FraW# Links 0.06 -0.01 1654 G8 Holdings 0.60 unci) S IMC HoMnqt-HK —5.60 undl 0 Jaya Holdings 022 uncti 906 KappalCorp r-,428 -0.02 982 Kappal Marina 0.20 unch 247 KappalTata 1.12
      233 words
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      Lock icon S'pore's blinker scam not widespread
      603 19  -  Culprits punished, supervision will be tightened ud port's reputation restored: MP A By] Beth Jinks [SINGAPORE] Bunker fuel contamination in Singapore is "not widespread" but has been taken "very seriously" and dealt with severely, the Maritime and Port Authority of Singapore (MPA) said in concluding
      603 words
    • Article
      Lock icon Ship alarms may become a must by July 2004
      282 19  -  IMO subcommittee making proposal apriority By Donald Urquhart [SINGAPORE] Covert alarm systems aboard ships may become mandatory by July 2004 as a defence against piracy and terrorism following International Maritime Organisation (IMO) subcommittee meetings this week. The proposal to install alarms
      282 words
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      Lock icon No escaping from the law
      63 19 Reuters [HONG KONG] Two Hong Kong marine police speedboats sandwich a boat during an anti-smuggling exercise in Hong Kong waters. Crime busters from around the world converged on the territory on Monday to attend the Transnational Organized Crime conference to brainstorm on ways to put
      Reuters  -  63 words
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      Lock icon IMO hits out at IACS' bulk carrier initiative
      495 19  -  Class societies' safety package seen as unilateral move By Donald Urquhart [SINGAPORE] The International Association of Classification Societies (lACS) continues to take the heat over its recently announced package of requirements aimed at improving the safety of bulk carriers. Saying the lACS
      FILE PHOTO  -  495 words
    • Article
      Lock icon Hoegh, Saga in fleet link-up
      135 19 [SINGAPORE] Norwegian shipowners Hoegh Lines and Saga Forest Carriers are to combine their open-hatch forest product fleets. Hoegh operates 10 ships of this type and Saga 14. In a statement announcing the move, to take effect on May 1, Hoegh says: "The industry has gone
      135 words
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      Lock icon HDW changes hands as investors go for safe bet
      736 20  -  MEWBUILDS By David Hughes GERMANY'S Howaldtswerke Deutsche Werft (HDW) shipyard has effectively been taken over in a surprise move by US investment firm One Equity Partners, a subsidiary of US Bank One. The company has bought out the Preussag group's 50
      AT  -  736 words
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      Lock icon SHIPPING SCHEDULES INDEX
      128 20 PACE FoongSun 5 ApprnMp 5 4 BSA 6 Fujitrans 4 B'tang Mb 6 Gemartraw 4 CMACGM 3 6 COSCO 3 »ruwtt 4 CotMWbi. 6 3 Centra Ex Mtorasia S China Shpg 5 "«SL 5 Cougar 6 HwHung 6 i CVTOoMM 6 "row 6 Mms 4 WTC 3
      128 words
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      Lock icon SHIPPING GUIDE
      13457 25 THEBUSINESSTIMES EXPORT Advertiser VismI vo I ft* ft* u_..i u r.. r,. ETA ETA Advertiser VnM Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Dest'n Name Nana Mum**? 8WMW8S*****l8W888KjjSSiSaS38i8 NM KISM 8 m <, ,,-r iwneer Number 02/04 04/04 B*tang Mas
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        615 27 Voy Wo Berth Arrival Departure JM|M MEGAH SATU 9 J25 19/03/2335 20/03/2330 *****' JB 20/03/6:30 20/03/17:30 LlBSTU UUII 20/03/735 20/03/22:00 •T PERMATA ***** JOI 20/03/1100 20/03/23-00 AEGEARFALCOR 0Vf*6 JI4 20/03/11:40 22/03/2300 ASIA EXPRESS 155-1 JB 21/03/7 30 21/03/630 «.VA STAR 4W J* 21/03/7 JO 21/03/2300 IT PCRARAR *****
        615 words
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        Lock icon CONTAINER SCHEDULES
        1705 27 RECEIYIWC Of EXPOtT Fa CONTAINERS AND LCL CARGO nnn>lnrii'n»l«nri IcH* SWp VoyMo Etb/Btr Hhoi Frwn To Tnm wiaocun 204 u/too u 20/1500 20/1*54 to/me X 5(53 a woe ™*w ?iwoc I aw aim am ItlUU 05M 23/1000 U 20/»00 HV*M «V>»0 a S3 88S a woo ;V06M nAwoo
        1,705 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        362 27 BO Uo 991.9 0.4 BJ 0.09 43 0.03 P«mtT —tor IwMw IiUMbIiImi SifcK Ho Bow £25 2 0 1 0 0 0 «*M 360 Aw 907 J 02 134 0.06 27 0.02 taw 360 Mb 9912 04 I7J 0.06 SO 043 ■on »Mi »HW W Max
        362 words
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        Lock icon GLOBAL HOLIDAYS
        196 27 Marsh 21 Japan: Vernal Equinox Day ■bnkM Singapore: Good Friday Australia: Good Friday Canada: Good Friday France: Good Friday Germany: Good Friday Hong Kong: Good Friday Indonesia: Good Friday New Zealand: Good Friday Norway: Good Friday Philippines: Good Friday Sweden: Good Friday Switzerland: Good Friday United Kingdom: Good
        196 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        805 27 THIS report, compiled by Cockett Ma rine Oil Ltd. show* price range* in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        805 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Boeing CEO still expects some airlines to fail
        418 28 Carriers likely to fly point-to-point more instead of through hub systems Bloomberg [ST LOUIS] Some US airlines may yet need to seek bankruptcy protection following the Sept 11 attacks, Boeing Co chief executive officer Phil Condit said. The chairman of the biggest
        Bloomberg  -  418 words
      • Article, Illustration
        Lock icon Second Heathrow heist in 2 months
        91 28 [HEATHROW] The South African Airways jet involved in an estimated US$3 million robbery stands on the tarmac at London's Heathrow Airport's Z min ?Z Tu^ sday Robbers entered a secure area where airplanes were parked and confronted a van driver at knifepoint just after
        REUTERS  -  91 words
      • Article
        Lock icon 4th Indian domestic airline may start up by May
        234 28 Bloomberg [MUMBAI] India's travellers may have the choice of a fourth domestic airline as privately held North Star Aviation Ltd prepares to start operations by May. "We should be able to launch the first flight in a couple of months," Rajiv
        Bloomberg  -  234 words
      • Article, Illustration
        Lock icon Proposed JAL-JAS merger slammed again
        502 28 Carriers should alter plans to benefit consumers: transport minister AP [TOKYO] The proposed merger between Japan Airlines and Japan Air System, which would create one of the world's largest airlines by sales, has been repeatedly criticised by regulators on antitrust grounds. That is a highly
        AP; FILE PHOTO  -  502 words
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        Lock icon Delta's CEO urges airlines, US govt to cut hassle for fliers
        578 28 He also calls for a halt to rising ticket fees and taxes NYT [ATLANTA] Airlines and the US government must reduce the "hassle factor" for fliers, rein in rising ticket taxes and reform labour relations if the industry is
        NYT; REUTERS  -  578 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1727 28 orr Fijon m man no MU1H1 M7301 830 0*7302 2050 LM9767 0650 1*9765 1240 WO tm w S025 0*50 S032* 1240 $0323 0455 6*974 0130 Mr »5 2250 *1037 1545 U.S3S 2300 UW764 835 0F5 2250 S024 2345 ***** ""97" 2 350 mm ITOO so3* 2350
        1,727 words
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      41 19 I" -'t.4 f f. S ii US airlines, govt urged to cut hassle for fliers Back Page Boeing CEO Proposed still expects JAL-JAS some airlines merger to fail slammed M WHifll I)S HDW changes hands as investors go for safe bet
      41 words
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      479 20 I NORTH AMERICA f SUB-CONTINENT ■apwwunijtjii'MMwi I towmaiMium ll J™ 2 s? VBS& WT U I U| I m I OOQKWTOn 70WW M/g S7fi 811 I ooa JAPAN S7WIO 13/03 31/03 2/04 »0 NBUOT. P«A« 13/13 14/03 I OOQIKTMHUWDS 35W11 20/03 07/04 04/04 I*o NBUOTO OUIACCA Ml 20/03 21/03 23/03
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      12 20 Strait Talk :r r FOK STRAIGHT TALK ON Shipping Matters Every Wednesday
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      Lock icon Page 20 Advertisements Column 3
      519 20 Lines services represented by P 9 M mb wEpp' Aocmkd Shipping Agents, Singapore Shipping Association l von Mil Empress lily 0202 102/04 1 03/04 11/04 1 Sinews lily 0402 19/04 20/04 28/04 m I Empress lily 0302 06/05 07/05 15/05 |J j§ 1 iiIYM»H.Mt L,.^L, r |t4c—l INOKKIMMiMMO, #21-1* HON
      519 words
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      6 20 Members of the Singapore Logistics Association
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      927 21 TO USA (SAX SERVICE) rasa VOY SIN ETA LAX OAK DAI HOU OH COl MEM ATI NYC APLCYPtWE 10W 27/03 11/04 14/04 14/04 14/04 It/04 17/04 14/04 11/04 11/04 AWOaSWM 1031 03/04 11/04 23/04 23/04 23/04 23/04 24/04 23/04 25/04 25/04 Aft HOtIANO 1071 10/04 25/04 30/04 30/04 30/04 30/04
      927 words
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      Lock icon Page 21 Advertisements Column 2
      1360 21 w ■OSTOB l/T j35 MVS jg? AIIO CllilM CMS, MINK m SSSfSS;"-" SSfIR/u mmwwki, m.™* THj 07-***** M FAX: 07 3S3* 170 jggjvjj I COWVamOWAI *****301/M0 4MIS3M/73 w SA3afl 30/10 ,WM IVW H*oS* UOB Ml BBS /dim n* H/B ?L a« I SESKkSt* Sg ii ml */w M/M w/04 ovw
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      Lock icon Page 21 Advertisements Column 3
      325 21 resa wr_ m he sm >a ua wis «sa wy siw sit jkt su» BWSMWW MM M M 1/4 V 4 4/4 "STr f awroMUM aim• w -V 4 V 4 Z^IIZ| S ZizZ_ I^ZZ MXUX BP» B/3 17/3 10/3 (WWOimWbKk IQ7S 2V3 y< V* 1/* VESE. VOY SIM D4.C
      325 words
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      921 22 HMN^ JjYUNDAj_MERCHANT MARINE CO., LTD. iwbb wt Ism sai [mi roo i aht hho I■» Ivtssa vonr sou i« ra ant Imm I «v" ai "2 w/w »/n 29/0320/03 v/m VI am 10* n/02 "10/w 13/02 il/w St/w ■oumi S4OW 01/03 29/03 30/03 M/B3 20/03 MTBBfflWnr 30W 19/0? 13/02 M/OI
      921 words
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      Lock icon Page 22 Advertisements Column 2
      544 22 MIIH| TSUroirami 555 55 iiS 04 m nm mm vtm U/M M/H M/N nm ssssr \'m z% „;„s« M —jig H lIIU LL.. -!f— ..1. J K II 22?.** VXL It/i 3 11/H M/M M/M ffS_ Sg Sff n l¥l 111 fI 11 Mmb I SIN TO —*A CAHAPA /US
      544 words
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      Lock icon Page 22 Advertisements Column 3
      516 22 1 a® I WEEKLY EXPRESS SAILING SCHEDULE lALSO ACC&TING TO ALL NOHTHBtN ANO WESTBM CO POMrTS PCL TO COCHM, TUTICORM Ma COLOMBO A KANOLA na NHTWk SHEVA WW STOK OOUMO N.9CM OOMKME GOMeCTIK fimow DHfBUU IHII7 II Ml rn 71IUJ MOMQ SO ISM STOBIIW WO) KMMiCOa 075S 7SKM Tltul 7tft
      516 words
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  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      811 23 PCI -231 10/03 20/03 33/03 24/03 03/04 <£/£ 06/5T MAN TEHRAN PCL 252 25/03 27/03 30/03 31/S 07/04 2/22 ?2/S2 MV UNOAVIA PCL-233 01/04 03/04 06/04 07/04 14/04 Ti/Sl ISSJ J£2 IRANKERMAN PCI-254 OS/04 10/04 13/04 M/ 04 21/04 22/ CM tt/£ iI2J ISFAHAN PCL-233 13/04 17/Q4 20/04 21/04 2S/04
      811 words
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      Lock icon Page 23 Advertisements Column 2
      310 23 II 8188 111 UK CONTINENT SEKVICE JI Loading for I OCEAN ISLAND RDM/A TW/BMNAJK/LPL I DIMITRA RDM/ATW/BMN/UK/NAN H J middle-east service Loach iu tor UON GLORY JDH/AQA PAN QUEEN DBI/ABU/DOH/BRN/DMM/KWT HANDY ESPERANCE DBI/ABU/DOH/BRN/DMM/KWT JDH/AQA/DMT -Lotto SmgapOTß. E7W Matoyaa. (nrtcina— I USA SERVICE I Loadhgtor I HELENA PRIOE CAM/NFX/SAV/NOL J LOK
      310 words
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      Lock icon Page 23 Advertisements Column 3
      456 23 MCMMM MM IPs; JBSSA HZX an mm i f s|igE|| i i g ij^jCTinp «g Bwm I »/ii ——SEP® SSSf imtum i jigE g^zz^ ——=—jj 11 Q MC *t(/040 _jj/S_~ >7/ft4 jj 1 JJm M/ 0* I NrSOC/COCC. f w tty,H Ww oifc J SBp^, i ESSr-.* SS= i ST
      456 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      469 24 aa nsn i immh WEEKLY SERVICE TO SOUTH AFRICA RSOUTH AMERICA rOBO6UW)(.S*OHUWOStO D 0 SUIAM)IPU*I WMOWBWDa) V«wl |v«wa» Swr» Omtm rWn k'lf I Si.. LUm K*m CT?«S 27/03 07/04 M/ 04 Qt/04 10/04 H/04 7MM 24/04 M/ 04 **»(«<■« JQWS Iffß 13/04 14/04 ~TS/1M ***** S7K WR 5T765 SDK HBO2S
      469 words
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      Lock icon Page 24 Advertisements Column 2
      578 24 ire w/iw«w awn rows-matt mm VESSEL VOY Ml (Ml mam 7iT» iTIT™ VILUKQaMWA J2M W1 23/03 Z55 SS #5 km gMLgya^jzaL-jagi 04/04 22/04 BS SS SS~ Mffl 17SW IQ7M M/ 04 »/B ***** 07/QS SKfl W AcnpN to ol UK feM tarnations [To; I |Wh OTUtfMHHB-WPMBng VISSCL VOY SIN ""^YlSr'TlHiw
      578 words
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      Lock icon Page 24 Advertisements Column 3
      51 24 0 HANGLI SHIPPING MRECT REGULAR SBMCE JAKARTA SURABAYA JMUWTA 25/03 25*0 P. MUMNON 27/03 27/03 P. SUMATRA 01/04 01/04 P MLM4NTAN 06y04 06/04 KUNBH SURABAYA 25/03 25,03 RUUMWMS 27/03 27/03 SHMNFWVU 01/04 OMM SHANNON EXPRESS 06/04 04*t SMNFWYU Omwra: UMTED SMPPMG ORGAMSATON PT. INDONESIA SHANNON SWPWNG CORP. TEL: *****88 FAX:
      51 words
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      Lock icon Page 24 Advertisements Column 4
      503 24 A M MYANMA PHMk FIVE STAR UNE (Myoaaor NatiMd Um) Loodnf f« YatfM vissa vor SM m rat m ■ON6U 04* SUM HAW 54 W SU •AUTStt MHTk MOM SMFTOK AGOKXS ML TH 03-*****900 PtL- IH 03-*****101 PBfc TH 04-*****07 POfc IH 07-*****71/4 M BANK LINE W wnrk> tf Ukvrn
      503 words
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      118 27 \aHHHA 2 is V^HBBP\IJBb^2BBMI3 R Thunderstorm m Rain Temperature Wind direction and speed in knots Cloudy Day Weather U X Hazv WindTpeed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds ht 1 2m -"—One half fleche represents 5 knots HH Moderate, 1.2 m
      118 words
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