The Business Times, 26 March 2002
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2002-03-26
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The Business Times
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Title Section15 2002-03-26 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85c SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, MARCH 26, 200215 words
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Article74 2002-03-26 1 □m 1,***** (-1.61) MVOI ***** (-3.25) ST IHDEX FUITJSEB IyBOOJO (+3.00) n sddci nmnms mm 227J9 (-0.50) STOCK MAMET INDICES Monday Change KL8ECOMP ***** -U7 NIKKEI226 __UJ6LW -8199 HANG SENG _10J8M4 -2443 SET INDEX 387.13 -JJ8 JAKARTA OOMP _479.43__-M9 MANILA COMP .U13J1 -4.44 TAIPEI WPI 4211.17 +78.75 SEOULOOMP74 words
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Article66 2002-03-26 1 FOKEX BATES U8t St (JSt08perUSt) 18* £(U8*5» per 1.426 Ult EURO(USS/S$/E). 0.876 l .M» DM Hit 1*7 YEN ItLO 72.49 RM 1800 2.070 HKI 7.7* 4248 BAHT 4SJ9 2SL63 RUPIAH 9.717 FUME SATES SINGAPORE* US KUALA LUMPUR 6.40 HONG KONG Ujj JAKARTA .39.00 TAIPEI. __47» TOKYO— U7j SEOUL FRANKFURT66 words
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836 2002-03-26 1 Anthony Rowley - Radical shift in Japan's pension fond system poised to open floodgates to outward investments From j Anthony Rowley in Tokyo JAPAN'S state pension funds are emerging as a potentially huge force in global equity and bond markets as a result of a836 words
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Article, Illustration546 2002-03-26 1 Serena Ng - BTU'ijiil-HI/J By Serena Ng [SINGAPORE] Marcel Tjia, executive director of lossmaking L&M Group Investments, has unloaded his 18 per cent stake in door-mak-er KLW Holdings after failing to gain control of the company. Mr Tjia's vehicle Proxel Holdings sold more than 24 million KLW546 words
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558 2002-03-26 1 Quak Hiang Whai - Friedmans known to be short-term investors when deal announced in 2000 I By l Quak Hiang Whai [SINGAPORE] Keppel Corporation said last night t its non-disclosure of the 1 details of a share-and-loan deal did not create a false market for the558 words
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Page 1 Advertisements
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Advertisement76 2002-03-26 1 IMMIUE BT Comment Larry Wee: S$ tumbles to month low on yen, euro fa«. Pg 4 Lee Hen Shlh: The end is nigh for HDB shops. Pg 10 Top Stories Cyberworks axes 858 in biggest layoff. MmxtPmgm Mailbeg: New auditor policy not due to Enronltis, says MAS. Pg 11 LjM76 words
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Advertisement406 2002-03-26 1 What To Expect j from economic restructuring Key points of President SR Nathan's addmss at the opening of Parliament 1 Lower costs... "The Economic Review Committee Is in the midst of Its work. But tfs clear already that one key priority is to maintain a highly conducive overall business environment406 words
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NEXT page
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640 2002-03-26 2 Chuang Peck Ming - COMMENTARY By Chuang Peck Ming [SINGAPORE] "V" t one theme stood out in the Presi- dent*s speech at the opening of Par- liament last night, it was how I daunting and formidable the chalJL lenges ahead are. True, most of what President S R Nathan640 words
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Article, Illustration518 2002-03-26 2 Audrey Tan - Analysts estimate cost saving* of up to HKs3oom a year From Audrey Tan in Hong Kong PACIFIC Century CyberWorks yesterday laid off 6 per cent of its staff, or 858 employees, in its biggest retrenchment exercise yet. This comes on the heels ofAP - 518 words
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335 2002-03-26 2 Angela Tan - Bank spokesman says there will be no retrenchment •ii exclusive Byi Angela Tan [SINGAPORE] DBS Bank has disbanded its e-solu-tions team, which include Internet banking and phone banking, in a reorganisation that some analysts see as a growing industry trend that is re-emphasising the335 words
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ON THE grapevine
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Article63 2002-03-26 2 AUSTRALIANS take the cake when it comes to innovative offerings in the financial arena. After hiring women to strip while reading financial news on a website last year, they've now hired a football player to add some muscle to stockbroking. JBwere, Australia's biggest private broking firm,63 words
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Article99 2002-03-26 2 THE Insider column in the business section of the Bangkok Post often makes humorous comments about politicians and odd events. But on Friday, it told of how a property company that had failed to inform shareholders about some transactions in 1996 had hired Kim Eng Securities99 words
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Article100 2002-03-26 2 IN Saturday's article "Are ABN Amro's 'killer rates' for real?", we stated wrongly that at Maybank, for partial repayment of "up to" 40 per cent of the original housing loan, the penalty is 0.5 per cent of the amount repaid. In fact, the 0.5 per cent penalty kicks in100 words
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Page 2 Advertisements
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Advertisement282 2002-03-26 2 T V "a KPMGSeminarSeries Credit Derivatives Monday, 22 April 2002,9.00 am to 5.00pm Orchard Hotel Singapore Why Accelerated changes in global financial markets over the past decade have renewed focus on credit risk. The Internet, industry convergence, and the spread of markets have increased transaction volume. Credit risk is also282 words
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SINGAPORE companies
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Article, Illustration613 2002-03-26 3 Shipping line hurt by less trade, falling freight rates at its container nnit Bloomberg NEPTUNE Orient Lines Ltd, Asia's sixth-largest shipping line, may report a loss for 2001, hurt by less trade and falling freight rates for its container unit. The Singapore-basedBloomberg; FILE PHOTO - 613 words
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133 2002-03-26 3 Dow Jones Newswires BANK Of Singapore Ltd chief operating officer Phil Spencer resigned on Friday for personal reasons, the second senior executive to leave the bank in less than six months, banking sources said yesterday. A spokesman at the Internet-based bank's parent, Oversea-ChineseDow Jones Newswires - 133 words
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Article, Illustration602 2002-03-26 3 Kalpana Rashiwala - It would have made a $10m profit otherwise; full-year loss expected By] Kalpana Rashiwala WING Tai Holdings sank into the red at half-time, as $31 million of additional provisions for residential properties pushed losses to $35.9 million. The group expectsFILE PHOTO - 602 words
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Article, Illustration335 2002-03-26 5 Andrea Tan - $8.7 m net loss, first in its 26-year history, attributed to property provisions By, Andrea Tan HURT by property provisions for its hospital and clinics. Raffles Medical Group lurched into the red with an $8.7 million net loss last year the first inARTHUR LEE - 335 words
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COMPANY Briefs
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Article80 2002-03-26 5 ORCHARD Parade s loss fell $1.8 million to $26.8 million in 2001. Group turnover declined by 47.5 per cent to $131.0 million, due largely to lower recognition of revenue and profit from its two major projects, Regent Grove and Seasons View. Interest on borrowings was80 words
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Article65 2002-03-26 5 Reuters NYLECT Technology sank into a 2001 loss of $2 million from a profit of $0.77 million previously. Turnover fell to $27.25 million from $44.43 million. It said losses were incurred due to the decline in orders and deferment of some orders in the semiconductorReuters - 65 words
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75 2002-03-26 5 Reuters PENTEX-SCHWEIZER Circuits' profit plunged 88 per cent in the six months to Dec 31,2001, to $0.91 million. Turnover fell to $56 million from $71 million. Pentex is engaged in the manufacture, marketing and sale of printed circuit boards. The board expects the group's full-yearReuters - 75 words
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Article62 2002-03-26 5 Reuters TAI Sin Electric Cables Manufacturer returned a profit for the six months to Dec 31 of $0.44 million, compared with a loss of $0.08 million previously. Turnover rose to $29 million from $21 million. Tai Sin manufactures electrical wires and cables. The directors expectReuters - 62 words
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89 2002-03-26 5 Reuters KS Tech Ltd's 2001 profit jumped to $3.25 million from $1.58 million. Turnover rose to $54 million from $35 million. KS Tech sources and sells general hardware, oil and gas equipment, hydraulic equipment, instrumentation, spares and parts. It said the increase in profitReuters - 89 words
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Article68 2002-03-26 5 Reuters SANTAK Holdings said profit slid 74 per cent for the six months to Dec 31 to $0.62 million. Turnover dropped to $8.75 million from $14.64 million. Santak is engaged in precision engineering, electronics manufacturing and trading and distribution components. The directors are ofReuters - 68 words
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65 2002-03-26 5 Reuters SINGAPORE defence group ST Engineering said its marine unit has sold its entire stake in Atlantis Shipyard to SembCorp Marine for $3.3 million. The divestment of its six million ordinary shares is not expected to have any material impact on ST Engg's consolidatedReuters - 65 words
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94 2002-03-26 5 Reuters ASIAN Micro s net loss narrowed for the six months to Dec 31 to $1.61 million from a loss of $5.05 million. Turnover fell to $42.35 million from $54.06 million. Asian Micro is engaged in the contract manufacturing of flexible cable board assembly andReuters - 94 words
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Article, Illustration446 2002-03-26 5 CEO reiterates Optus is expected to be cash flow positive by 2003-04 Reuters [SYDNEY] Singapore Telecommunications Ltd said yesterday business sentiment had improved in the current quarter and reiterated forecasts for returns on its US$9 billion Optus buyout in Australia by 2003/04. Sing Tel chiefReuters; FILE PHOTO - 446 words
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1021 2002-03-26 6 siow li sen - V.W'4 lock siew siow li sen SOON it will be a year since the three local banks made their biggest acquisitions. By all accounts, they are managing rather smoothly ahead of schedule what must be complex and difficult integrations. Much more lies ahead but senior1,021 words
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Article, Illustration289 2002-03-26 7 Chen Huifen - Hike in F&B arm's sales overwhelmed by 74% plunge at property division By Chen Huifen YEO Hiap Seng yesterday announced a 2001 net loss of $6.2 million, an improvement from the $13 million loss the previous year. Turnover fell to $284.5 millionFILE PHOTO - 289 words
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164 2002-03-26 7 Chen Huifen - Byi Chen Huifen tile maker ASA Group Holdings last year posted a net profit of $13.9 mUlion, up 17 per cent from the previous year. Group turnover increased by 17 per cent to 183.7 million, while earnings per share rose from 5.89164 words
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232 2002-03-26 7 Andrea Tan - Work on second job at PUB's Chang plant to begin on April 1 Byi Andrea Tan CONSTRUCTION firm Econ International yesterday said it had bagged a $215.7 million contract to build a water reclamation plant. This is the second deal Econ232 words
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135 2002-03-26 7 Reuters TOE Singapore Exchange said yesterday it would J®?** a lM "8« r 10-year Japanese Government Bond (JGB) contract oo April 18 tills year, which will be ftmgiMe toits existing lot SGX said in a statement the new JGB contract win have aReuters - 135 words
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Advertisement25 2002-03-26 3 X/ALJLT m w m m STORAGE i Jk *f' I INFORMATION ''Z\ J ANYWHERE > ■Jr il V"» >Vtc ..1..: i si# ;V v *>' TRANSPORTING 125 words
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SINGAPORE markets
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Article, Illustration272 2002-03-26 4 OTHER SINGAPORE INDICES Mar 25 VALUE CLOSE ITOlfOt 7.00 -214.00 irCHW -*****.00 -141.00 -*****.00 +1.00 WHHplw 473.61 -1.91 171.29 -0.96 WWhiHi 1587.75 >8.65 MIIpMlihM 458.91 -2.59 rnanf+mm 227.20 -0.50 FWyfcmtUSlOc 25.601.000 IPC0 20C- 22.211.000 KLW Hklgt 10c 20.627.000 GoMron5c 8.706.000 First EnflE 10c 8.628.000 Un>FoodHK25c 8.133.000 EzjhMllh 5c 8.047,000 Boon272 words
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Article, Illustration255 2002-03-26 4 Ven Sreenivasan - HOT STOCK/ WARRANT By' Ven Sreenivasan ROBERT Kuok's Allgreen Properties last week posted a 20.7 per cent drop in net profit to $73 miUion, mainly because of weaker development earnings. But its stock has held up reasonably well despite the less-than-sterling255 words
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Article, Illustration789 2002-03-26 4 ven sreenivasan - l I comment STOCKS ven sreenivasan IT'S a sure sign that traders have run out of ideas when they start peddling the notion that the relocation of the Merlion to a more "auspicious location" at the mouth of the Singapore River will be "good for789 words
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Article, Illustration579 2002-03-26 4 larry wee - -1 comment CURRENCIES A$ hits two-year high against yen; rupiah exceptional gainer again larry wee THE Singapore dollar was dealt a double blow by renewed weakness in the yen and euro yesterday, while the Australian dollar rose to its highest inSource: Reuters - 579 words
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Article2290 2002-03-26 4 UNIT TRUSTS FUNDS Ill 11A Oil Japan 0*6 CitiBond Spore A/f 1202 Otifcod Spore B/$ 1226 C/ti Money Sing Dollar OaKl 1.0389 Star Europe Eqty!* 0*11/ Oti Pan-Europe Equity Fund 11 Star Europe Bd 0959/ OtiSelect Asa Tilt Balanced 129 Star Europe Bal an3/ CitiSelect Am Tilt Growth 12s Star2,290 words
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Page 5 Advertisements
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Advertisement32 2002-03-26 5 TO ASIAN L UNCH AT aTfan ITS BEST RESTAURANT BAR Mondays Saturdays Old Thong Chai Medical Hall 50 Eu Tong Sen Street Entrance at New Market Road IG I I 6532 600632 words
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Advertisement152 2002-03-26 5 fil H ilkfc .v- MpH», Mf iiiiFMMiß^^K ,jl 3 **31# *s^'" M Egm I Sydney or Melbourne, you'll keep coming back to Emirates. Now you can wing it to Melbourne daily and Sydney four times a week with Emirates. En route, you'll experience new heights in service and entertainment. Enjoy152 words
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Page 6 Advertisements
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Advertisement938 2002-03-26 6 WINGTAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE SIX MONTH FNDED 31 DFCFMBFR Pnm GROUP COMPANY Six months ended Six months ended 31 Dec 2001 31 Dec 2000 31 Dec 2001 31 Dec 2000 (Restated) (Restated) srooo srooo srooo srooo 1 (a) Turnover 65,910 51,865938 words
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Advertisement210 2002-03-26 6 CfflMngOfl (F^(S¥@KE[lg FOR SALE AVAILABLE FOR IMMEDIATE OCCUPANCY r 71 tuas avenue, Singapore I Land area approximately 191.000 sq ft Built-in area approximatefy 171,000 sq ft Description A 2 storey office block with a I storey factory and a part 2/3 factory Class 10 10.000 clean-room facilities with a Df-water210 words
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Advertisement319 2002-03-26 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KOKURA KOSAN SINGAPORE PTE LTD (IN LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 3060f the Companies Act Chapter 50. the Final Meeting of the Members of the abovementioned company wiR319 words
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Page 7 Advertisements
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Advertisement171 2002-03-26 7 over 20 years, our qualified professionals have been agisting 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 PPPI Bahamas Samoa I Full nominee, management, corporate secretarial, I banking and professional171 words
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Advertisement287 2002-03-26 7 All over the world, PC users know the name. They also know the number. Microsoft customers can easily dial direct at any time of the day to enjoy immediate customer support. But making customer support instantly accessible to scores of users around the world isn't easy business to begin with.287 words
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SINGAPORE news
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Article, Illustration341 2002-03-26 8 Chuang Peck Ming - on the economy jobs But MOM says 57% figure trails the 62* for these axed in second quarter By Chuang Peck Ming MORE than half the local workers axed in the third quarter of last year had found a newSource: MOM - 341 words
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319 2002-03-26 8 Payonts and costs exceed collected premiums, says GIA MOTOR AND workmen's compensation premium rates may rise this year, as payouts and costs continue to exceed collected premiums, said the General Insurance Association. In a statement, GIA president Law Song Keng said the loss319 words
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Article, Illustration503 2002-03-26 8 Loh Hui Yin - By Loh Hui Yin Bb pro-active. Tell us what trade barriers you want removed, while we are still negotiating the free trade agreement, not after it has been sealed. And local firms should view free trade agreements (FTAs), which isFILE PHOTO - 503 words
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184 2002-03-26 8 TRAVEL agency Chan Brothers will upgrade its Internet site to enable customers to create their own packages online. The company hopes that its ChanßrotherFlights.com portal now limited to online flight bookings will attract $30 million of business annually within two years. Other travel184 words
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363 2002-03-26 9 Vince Chong - JLL figures show rentals fell only 2 J% in Ql, compared to a 11% fall in Q4 last year By Vince Chong IN what could point to a turnaround in declining office rents, the latest Jones Lang Lasalle figures show prices fell363 words
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Article, Illustration205 2002-03-26 9 IN a survey of 5,666 mobile phone users across Asia, Europe and America, Singapore topped the list of countries whose mobile phone users use short messaging service (SMS) frequently. The survey, conducted by global management consultancy AT Kearney and Cambridge University's business school, found205 words
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232 2002-03-26 9 AFP GLOBAL auditing giant KPMG's merger discussions with Asian affiliates of troubled rival Andersen have resumed in Singapore, a KPMG spokeswoman said here yesterday. However, the talks come the same day Andersen's Australian practice said it would not go ahead with a merger withAFP - 232 words
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Page 8 Advertisements
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Advertisement261 2002-03-26 8 Egg;t»«£as;a;aass;iS!iis;igsfiSSgsgsgsgigs:ssg!;aii!itisggiisSiigiaggaagig;sag;ii»»i'ii"gi"gg^°»';Aii" tiAu,, A oo^"o Mo "*H aQlllOlOlQlQOiQlUilOlOOlOlOlOiaOLOOlDlOLOiaiQlllDQOlOlQlOOOlOlinnJSatGioSni^n^^nnn^mJ^Si ooolloloo3,llolololoolollll *****101G1001 *****1C*****1DL010D10ai*****1CiaillDQDi010in00IDLllllininininnnS?;?imnS?nSnSS?i?i?^ DiaDai01D1U10D111D11D10Q0010 10 illQlQ1010QIQlnU01Q0101DlQ10D100iGlDlQi*****I00QlQlQ100al0n^^n^?0iQ^n0?^?{^?^nSnnnn^?^?^?^^?iS2?^?^? I■lnoalllDUol[3ooolDlol1■ ln0alllDU0l[*****D101 iSSig^Sgg^iii^gSgg^^^igg^g^^Sg^SgitSgggSg^^gSSSiiiiii£i2S?liHgil!lgS??l?""" s§ ESgSgSSSgSiSSig^iSSigiSg^SgSSSgigSgSSgggSg^ggsg;i;i!Sa^^;S^SgJ?glSi?S iS!SS2S "«"«SSsiigSigi?SKigigigga fe2sssss^raiffiissssgssgsssgßssiS2ss£iiaaaaa:^^^^^^^SS®^^sisssaiaissiSia!Ssa| **********0QnDQOilllOIiOaDlQ010ai0001QOQ********************lill010DlSSiSDSMSnSSn?^n?^n?i 1^?i?n? 1D*****1;LUl010i01Da0] 011D pGiDDioioQiioGGiixioiiaooiGoiGcioooiGooiioiooiiioioioiooioiiiiiinnnin!^^ *****i01oniiaDGlllIQllooGiGD1001DaoiODail**********1D*****1111l01DOininininninnininin?nii??'J JlS2?i? 3,***************010 iiioioQiGioioiG Q ioGiGiaioioiGiii 0 coioooiioiooiiioioioiooioiiii!SiSS!S!S!SiSSiSi?i?i?i?iii!?Jii?2iJi? 11Q1000Q******************** §oS SS EL s iS P !gSiS2 S!^ KiSiSai^^HiSas^SSasS!B!^ffiSSa^S!i^^ffi!KSffi^^^^^®iSSiSSsSgsiS"isSl!giSSiiglsJ pgagggsggsgg^gigsgiigsffisissas^assisssffigissiHs^tgsgaSSSSiSifS^alsS^^^^^s^iSiigsa pDiooiooioioioioioiiiaooioioioooiaiiimoSoioioooSoiioiooS^^ IOIOOIIOOQIIIIGIIGGOIGOIOOI bDiooioiDiDioioiHDODi,oiDiaaaioiniuDioioiODOioiioiooioooooioiDiiniooninin!^iiS!ffi!iiSiSSS?i?i?iS? 1Dloolloool lllQ110D01QOlal:i1261 words
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Page 9 Advertisements
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Advertisement37 2002-03-26 9 KSjr bi PIAGET Boutique: #01-11 Ngee Ann City Tower B, 391 Orchard Road, Singapore *****4. Tel: 6732 6831 Authorised Retailers: Cortina Watch Deluxe Eastern Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre)37 words
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Advertisement180 2002-03-26 9 I Lucky I I CHINA I I THAILAND I I Progressive I I Never underestimate I I the importance I I of local knowledge. I I To truly understand a country and I I its culture, you have to be part of it. I I That's why, at HSBC, all180 words
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FOCUS property
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Article, Illustration666 2002-03-26 10 lee han shih - l l comment PROPERTY Bullion likely to shrink even more wtth F&lrPrlce's plans for mega markets lee han shih IT'S just a few months to go before the 10th anniversary of the Housing and Development Board's Sale of Tenanted Shop Scheme. But things666 words
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331 2002-03-26 10 Andrea Tan - By. Andrea Tan IN the absence of major launches, developers reported lukewarm sales at the weekend. Costa del Sol's much publicised 10 per cent valueguarantee gain persuaded only a handful of people to buy. At an average price of $783 per sq ft,331 words
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Page 10 Advertisements
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Advertisement1043 2002-03-26 10 CWT DISTRIBUTION LIMITED Announcement Final Results The Directors ot CWT Distribution Limited wish to make the following Announcement: UNAUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2001 GROUP COMPANY 2001 2000 2001 2000 SS'OOO ss'ooo srooo SS'OOO Turnover 186.526 171.377 9 53.136 56.245 (6) Finance income 748 719 41,043 words
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MAIL bag
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393 2002-03-26 11 Vasuki Shastry - Vasuki Shastry Director (corporate communications) Planning, policy communications department Monetary Authority of Singapore I REFER to the letter by Lu Kee Hong criticising MAS' new policy requiring local banks to rotate auditors every five years ("Auditor rotation rule, kiasu or progressive?" Mailbag, March393 words
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110 2002-03-26 11 Denis Distant Singapore - Denis Distant Singapore I REFER to your article, "KLSE to launch circuit breaker from Monday" (BT. March 21), which will be triggered by extreme moves in the KLSE Composite Index, and is an extension of the existing circuit breakers which are activated110 words
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202 2002-03-26 11 Chia Hui Ping Singapore - Chia Hui Ping Singapore MPH intends to distribute to shareholders the AV Jennings shares it now owns. AV Jennings is listed on SGX's Clob as well as the Australian Stock Exchange (ASX) where it consistently fetches a much higher share price. A possible202 words
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Page 11 Advertisements
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Advertisement149 2002-03-26 11 Alr-condWonlng, ventilation. I dcctrioi fy I leading Industiy. I -r-j. ATT? 0665 83 LJ THMUWW ~_mM c*T*o tmrf: hpcsgi«WttrNpUntcomJ« mboto ,«m I Website at http=/A«ww.hlttcMpUnt.hbl.ne.|p I SS IhSiirid kW w»°' Where to wine, dine and entertain... by: M A World of Toa PPb, caU i—^WWWjtaerSXOflLSg 'W hUtrruMtcnaT Select from our149 words
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Advertisement208 2002-03-26 11 II A special course which qualifies GCE 'O* Level I students for Australian University entrance. I I Trinity students who achieve the required scores I are guaranteed places in all faculties of The I University of Melbourne. I Trinity graduates have been offered places by all major Australian universities. I208 words
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Advertisement127 2002-03-26 11 ■HHHniHP. ,j^H-'• < Wl 'i>^r -f V j-' Capeland S STAINLESS STEEL AUTOMATIC CHRONOGRAPH CHRONOMETER OFFICIALLY CERTIFIED (COSC) WATER-RESISTANT TO 200 METRES r spt 4 r^. inrw fcrnina n minlii i t OCW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH DICKSON WATCH JEWELLERY EMOTUS TIME CULTURE GASSAN WATCH T2127 words
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Advertisement36 2002-03-26 11 ii ll f iV*T1 W ///«»V i-fiilll'M I \<l 111 l I< S<7 lllltll "I I huh iii I iirn/>itiii ui\nit Is/>. i /Vf//i /»r« fuiii il l<\ mil \iiiiini In I \itnla* /<»</////\ //<>/// off it </> i/v36 words
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Advertisement38 2002-03-26 11 CHICKEN RICE IN THE GLITZ! Chatterbox Chicken Rice's always the talk of town... Conx, savour Singapore s favourite dish and other delights anytime. Enquiries: *****91 I ManAui^SuHgaponA PfV- 333 Orchard Road Singapore23BB67. Tel: 737 4411 Fax: 831 629038 words
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Page 11 Miscellaneous
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Miscellaneous296 2002-03-26 11 CRYPTIC CROSSWORD ACROSS 1)6 fash,on at»le (4-9) 1 Ascetic knight in reason- f Elegant c f ttle (4) able housing (5) 6 Penod of raised ex P ecta 4 One doesn't have to work J?" Conservalive enlerBd (9) b 8 Rebel's time as potential 7 officer using speea (o) 9296 words
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EDITORIAL & opinion
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Article, Illustration761 2002-03-26 12 frank ching - Mrm r —I bottom line OPINION frank ching The writer is a Hong Kong-based journalist and commentator. PREMIER Zhu Rongji, In a little-no-ticed line in his 15,OOOcharacter report to the National People's Congress earlier this month, spoke about "rectifying and regulating761 words
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Article66 2002-03-26 12 'We need grown-up politics because one small gesture can create a global impact The events of September 11 are giving us a masterclass in consequence.' -Miiyr the former British Prime Minister urging the international community to provide a Marshall Plan for developing nations. 'So much mud was66 words
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Article568 2002-03-26 12 EDITORIAL WHILE the rest of Asia loses sleep from the growing competitive threat posed by China, the mainland's cities are confronting quite another problem: they are scrambling for a bigger slice of the pie. Shenzhen's local government last week outlined its plans to lure new investments568 words
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Article, Illustration1182 2002-03-26 12 Linda Sieg - China's emerging power, while being a threat, may well be the wake-op call that stagnant Japan needs By] Linda Sieg Reuters ECONOMIC challenge, regional rival, security threat: the prism through which Japan views China nearly three decades after normalising ties is darkly tinted. ButReuters; REUTERS FILE PHOTO - 1,182 words
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510 2002-03-26 12 David DeRosa - 30MMEMTART By David DeRosa The writer, president of Deßosa Research Trading, is also an adjunct finance professor at Yale School of Management and author of "In Defense of Free Capital Markets". The opinions expressed are his own. Bloomberg THE International Monetary Fund published aBloomberg - 510 words
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Page 12 Advertisements
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Advertisement17 2002-03-26 12 (OFFICE/WAREHOUSING/DISTRIBUTION/ PRODUCTION/SHOWROOM) Tel: *****002 or visit o«r salts office. I 53 Übi Avenue 1 #01-11 INDUSTRIAL PARK17 words
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REGIONAL news
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447 2002-03-26 13 Eddie Toh - Delay, absence of interim iqjnnction sparks talk shares may be sold soon From] Eddie Toh in Kuala Lumpur THE Malaysian High Court yesterday postponed to Thursday the hearing of tycoon Tajudin Ramli's injunction to block bad debt agency Danaharta from selling his shares in Technology447 words
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117 2002-03-26 13 KUALA LUMPUR Reuters MALAYSIA'S top car maker Perusahaan Otomobil Nasional Bhd (Proton) saw a stake of 84.7 million shares change hands at RM666.6 million (***** million) in an off-market deal yesterday. No buyer and seller details were immediately available but the size and pricingReuters - 117 words
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253 2002-03-26 13 KUALA LUMPUR Bloomberg SIME Darby shares yesterday fell 6.2 per cent, their biggest drop in six months, over concern that the company may lose the rights to distribute cars made by Bayerische Motoren Werke AG (BMW). The stock of Malaysia's oldest diversifiedBloomberg - 253 words
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120 2002-03-26 14 KUALA LUMPUR Reuters MALAYSIA has raised tariffs on a wide range of steel products to 50 per cent from 8-10 per cent, a newspaper reported yesterday. The Asian Wall Street Journal (AWSJ) said the new tariffs came into effect on March 15 but haveReuters - 120 words
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Article, Illustration459 2002-03-26 14 JAKARTA Indon ministry wants verification of amount eligible for payments Reuters INDONESIA'S finance ministry and its central bank said yesterday they were in dispute over servicing of 144.5 trillion rupiah (5527.3 billion) bonds, highlighting their failure to resolve a key debt issue andReuters - 459 words
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157 2002-03-26 14 KUALA LUMPUR Bloomberg STAR Publications Bhd, Malaysia's biggest publisher by market value, increased its lead over its rivals by outpacing their gains, according to the latest audit on newspaper sales. The company's flagship English daily, The Star, sold an average 283,832 copies aBloomberg - 157 words
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NOTE Book
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90 2002-03-26 14 Reuters [JAKARTA] Indonesia said yesterday it would seek to reschedule less than US$5.5 billion in debt against expectations ofUS96 billion at a meeting with the Paris Ctubofcreditor nations next month. Finance Minister Boedkinn aairi Iw—"y**mtgtir wouM agree to reschedule the debt maturing from April )OQ2-Deoend»raoQft,Reuters - 90 words
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Article103 2002-03-26 14 AFX (KUALA LUMPUR] Credit Suisse First Boston (CSFB) said K expects Malaysia's GDP to grow 6 per cent this year on the back of strengthening exporte, and that it sees the ringgit peg being lifted in the second half of 3002. "With exports setAFX - 103 words
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69 2002-03-26 14 AFP (JAKARTA] badoneeia's Parliament Speaker Akbar Tan< ffi D <^Ptontrialye>t tdaj fbrcmtuytinn involving USM miUion in state ftmda, a cikwe punishable by op to 20 years in jaiL Mr Tanctfung also beads ths powerful former ruling Golkar party. "I ndect an by the prosecutors/* heAFP - 69 words
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343 2002-03-26 15 BEIJING Plans have been sent for cabinet approval: newspaper report Bloomberg CHINESE regulators moved ahead with rules to let local investors buy foreign shares for the first time, part of a long-awaited overhaul also aimed at opening the nation's US$5l5 billion stockBloomberg - 343 words
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Article, Illustration268 2002-03-26 15 HONGKONG AFX HSBC Holdings pic is reluctant to report its financial results on a quarterly basis, and has raised its objections with the Hong Kong Exchanges and Clearing Ltd, the South China Morning Post reported. It quoted HSBC's AsiaPacific chairman, David Eldon, asAFX; REUTERS - 268 words
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142 2002-03-26 15 BEIJING AFP CHINA'S industrial output growth has probably slowed in the first quarter of this year compared with the same period in 2001, the government said yesterday. Industrial output in the first three months of 2002 is expected to gain 10.6 per centAFP - 142 words
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205 2002-03-26 16 SHANGHAI AFX AN article written by a researcher at the Central Financial University alerted senior government officials to major financial irregularities at Hubei Lantian Co Ltd, prompting officials to order commercial banks to stop lending to the A-share firm, the Shenzhen Special EconomicAFX - 205 words
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437 2002-03-26 16 CROSS-STRAITS DEALS It is set to lift China investment ban even as fears of doom pervade Dow Jones Newswires (TAIPEI] Taiwanese policymakers are expected to announce that they will allow local semiconductor Firms to invest in China by this weekend a move some seeDow Jones Newswires - 437 words
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388 2002-03-26 16 Macabe Keliher - They say island's CPC will extract and refine oil for China National Petroleum Corp ity Macabe Keliher in Taipei CHINESE Petroleum Corporation (CPC), one of Taiwan's largest state-owned enterprises, will enter into agreements with mainland China's China National Petroleum Corp (CNPC) to388 words
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ASIA Notes
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Article62 2002-03-26 16 Xinhua InUNO KONG] Hong Kong recorded a balance of payments surplus of HK536.5 billion (SsB.6 billion) in 2001, much smaller than that of HKS7B.3 billion in 2000. Hong Kong recorded a current account surplus of HKJ93.3 billion in 2001, larger than that of HK569.5Xinhua - 62 words
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Article, Illustration67 2002-03-26 16 Reuters [BEIJING] China offered to put labourers back to work in the city of Liaoyang yesterday in a bid for a peaceful end to two weeks of protests, witnesses said. But workers said they might return to the streets today if four detained labour leadersReuters - 67 words
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58 2002-03-26 16 AFX [BEIJING] China and Indonesia pledged to boost cooperation in various fields, as the two countries' largest oil companies agreed to form a partnership on the first day of Indonesian President Sukarnoputri's visit (AP photo, above). ChineltJ President Jiang Zemin said China will offerAFX - 58 words
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Article44 2002-03-26 16 Bloomberg (HONG KONG] South China Morning Post Holdings Ltd, the publisher of Hong Kong's dominant English-language daily newspaper, posted a profit erf HK5482.8 million (SIII3 million), or 27.85 HK cents a share, for 18 months through Dec 31. BloombergBloomberg - 44 words
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Page 13 Advertisements
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Advertisement22 2002-03-26 13 00t00^ 00^00^'11 f r BWMHr!!h vf- j^^*^|^~-., i^Ti, "*»> 'fly I'li i <j Sr^»»' r IL a BiSL.. .^<T>;-^^ UHbL. -UL" tot-iC* *-•«>• j^^SE^.'"22 words
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Advertisement1163 2002-03-26 13 {m} AURIC PACIFIC GROUP LIMITED RESULTS FOR THE YEAR ENDED 31 st DECEMBER 2001 I" aarjnrrit rvcc ct* announce the fotowing unaudited results for the year ended 31st December 2001 > I A. PROFIT A LOSS STATEMENT QROUP I Veer ended Yew mM I *mS" "sar °r r r "r1,163 words
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Page 14 Advertisements
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Advertisement95 2002-03-26 14 Standard Chartered r Find out how *o »nJoy up to 6.625%* p.*. returns on your fixed deposit with Smart Saver. I i I BIHHHHBHIW I Plus, find out how you cmn receive a from Nokia 8310*. i i I Name (Dr/Mr/Mra/Mdm): i No: Date of Birth: Occupation: Acidrss«: i i95 words
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Advertisement369 2002-03-26 14 SIN SOON LEE DEVELOPMENT LTD (Incorporated In the RapubSc of Singapore) Notice to holdort of the *****,000,000 Fixed Rale Secured Bonds Due 2002 of SIN SOON LEE DEVELOPMENT LTD (the "Bonds') to Company* notice to ite holders of (theJßondhoWers*) pub«sh©d In tie Business Times on 18February2002 (the Terms In the369 words
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Advertisement229 2002-03-26 14 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 (1994 EDITION) AMD IN THE MATTER Of FINKROCCADE EDUCATIONAL SBTVICES PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of Ihe abovenamed Conpany du»y convened and held at 16 Rafßes Quay '22-00, Hong229 words
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Article, Illustration692 2002-03-26 15 TYansaction date: Mar 25 nrrmii mm mnm itm q ms V 9m m mr** N- ss I— ar is tmnmt m 0.83® 4402 0.605 3.943 1174 4.137 25J62 51.544 0.706 7.020 2.016 L211 31.907 271H 0974 4.129 0aju mmf rinu nrr> a cm SS," is 5 i S S'S'S692 words
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Article1656 2002-03-26 15 SICOMPOTPEBS Mar 25 RtmCK Fabra (CMi« priccs) RSS1 (S cmb/kg) Close VofcMM OMR M* Low Sett (to—s) hrtemt Aprtt 125.00 May 02 ww Jw 02 126.00 Jut/Sap 02 128.25 RSS3<USccotsAo) VoiMM Omm I- Sett (fw.) IrteiS £02 1 1 «5o 550 68.00 1700 Jw 02 68.50 2200 Mfrp 021,656 words
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Article4091 2002-03-26 16 i Transaction date: Mar 25 for mare, go to iiMrwxisiaoTienmarketsjcom HONGKONG kg** .0* um mterchma Hldgs 0.93 -0.01 33S0 Interform Ceramics 0.02 unch 2790C AcroaAsia Multimedia .0.40 unch 0 ISlSwGrouo* A16 i« 7 50 o'X J& Jiangsu Express H 1*7 0.01 1670 Kr'mi fn ,S£ *«ngsu Nandasoft Co4,091 words
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Page 16 Advertisements
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Advertisement618 2002-03-26 16 Goldman Sachs International To: All holders of Call Warrants issued by Goldman Sachs International relating to the ordinary shares of DBS Group Holdings Limited Dear Sir Madam EXPIRY OF WARRANTS The rights comprised in the Call Warrants (the "Warrants"), relating to the ordinary shares of DBS Group Holdings Limited (the618 words
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WORLD news
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Article, Illustration450 2002-03-26 17 MUNICH He's pressured by creditor banks who aim to defuse financial crisis AFP Bloomberg GERMAN media magnate Leo Kirch is preparing to quit the Kirch group he founded under pressure from creditor banks as part of a restructuring plan aimed at defusingAFP; Bloomberg - 450 words
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237 2002-03-26 17 FRANKFURT Bloomberg DEUTSCHE Bank AG chief executive officer Rolf Breuer reiterated he expects another "difficult" year for Europe's largest lender and its rivals, with bad loans hurting earnings further. Deutsche Bank aims to sell businesses that aren't profitable and will press on withBloomberg - 237 words
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Article583 2002-03-26 17 NEW YORK Top bond fond manager polls up firm for disclosure practices Reuters GENERAL Electric Co got a wake-up call last week. One of the most powerful names in corporate America learned that it cannot appear to disregard the biggest bond manager and dismiss questions withoutReuters - 583 words
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Article, Illustration648 2002-03-26 19 TOKYO Mountain of 36t yen bad loans blunting central bank's bid to spur lending, he says Bloomberg JAPAN'S mountain of bad loans is the biggest threat to the world's second-biggest economy, central bank governor Masaru Hayami said as he renewedBloomberg; AFP - 648 words
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182 2002-03-26 19 Reuters [TOKYO] Japan's top four banking groups may lower interest rates on ordinary deposits to an aU-time low upon the scheduled end to full government protection of time deposits on March 31, bankers said yesterday. Industry sources said Bank of Tokyo-Mitsubi-shi (BTM), aReuters - 182 words
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Article2232 2002-03-26 17 Transaction date: Mar 25 KUALA LUMPUR 3.54 -0.04 2 v* FSBM 233 0.01 3 KM w- r«M) FWmdustries 038 -0.03 1 Gadang 1.15 -0.03 3 ASM Realty 1.09 -0.03 30 Gamuda 535 0.05 2077 Abnt 188 -0.03 49 GanadCorp 130 unch 3 A CP Industries 318 -0.02 83 GaraT«h2,232 words
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Article560 2002-03-26 17 Transaction date: Mar 25 ere. Mi «an -mm mmk oji uh -ooao CmMW 1J» 1JM 4M OCSC Mi tSM Oart SamCondXc 1J» 4MB -OOK Ouf 047 «jao 4M g»°-» u» 2* SS? r" CMMwTac 0 85 aw SGX 1c Ul 1J70 Mr tun Am o*rff taoussstt as ue «ojao560 words
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Article616 2002-03-26 17 BONDS WARRANTS WCw» tmm MK SUSS. Wa *«Mh| UW AST1MA***** -0.5 253 1 16 5 141 27 AamUdMMIIM 1 ixxti 3 1 jg 430 A/nMkM*****0 AS -1.5 597 1 33 1 1.50 39 AmWuHWWUO S5 1 10 24 217 26 W'odHWa?!! 05 1 166 2275 1400 4 9ar6KSA*****110k 104 Bar616 words
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Page 17 Advertisements
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Advertisement604 2002-03-26 17 ÜBS AG (LONDON BRANCH), ACTWG THROUGH US BUSNESS GROUP ÜBS VMRBURG 10 500 ouanto Europe Style Cash Seated Zero Strike Cal Warrants issued by ÜBS AG London Branch), acting through its business group ÜBS Warburg relating to the ordinary shares of Singapore Telecommunications Limited Dear Sir/Madvn EXPIRY OF WARRANTS Tto604 words
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the oscars
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Article, Illustration136 2002-03-26 18 Halle Berry stole the show at Sunday's Oscars, becoming the first black woman to win a best actress award and accepting it with an emotion-filled speech. Moments later Denzel Washington joined her to become the first blacks to win both the Oscars for best actor andAFP PHOTOS - 136 words
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Article201 2002-03-26 18 Best picture: A Beautiful Mind Best cinematography: The Lord of Urn Best actor: Denzei Washington, Rings: The Fellowship of the Ring Training Day Best sound: Black Hawk Down Best actress: Halle Barry, Best sound editing: Peart Harbor Monster s Ball Best costumes: Moulin Rouge Bestsuppotlng actor: Best201 words
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604 2002-03-26 18 LOS ANGELES Award-winning films of their movie units are now set for a windfall -Reuters NOW that they've given out all the golden Oscar statuettes, the real winners can step forward, take bows and start counting the money they'll make. The-Reuters - 604 words
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Page 18 Advertisements
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Advertisement124 2002-03-26 18 B pkl Hl I a V VSf? m VI -'J^B ■A J V <S!f jt£;lflS?T c B V; MP'' 1 V -1 lit B B"B KB l ■i w W m U& mix V. 9k m W B Bl U v B| B B I v L 1 »I\ W124 words
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Article4560 2002-03-26 19 Transaction date: Mar 25 for live prices, log on to ivurwxisiaoriemarketsxorn Omf ImtQm* GrOv Mr OrtW MM HQ. «RA»g "P 1 r "E!g S* W- HI U. T 54j» Cw Wt l3 w5 9 S ASNAmroNlG 56c 9 34 t* I "i s s ,;j 35.5 173 s4,560 words
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Article35 2002-03-26 19 -it a ■> A ■Tu.gTl.-t S*Ti S ■3TH 'I2S W10M0 ♦«*> 0 ***** ***** (DO UOs SOJUSTcdi USSOOO STi 440 s ISMSOSporc US57S 1H® «M s ISMPSOO US 11 MO 1J150 J950 s VOn US1NC035 words
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Article1250 2002-03-26 19 JSL LOQMH Ota» M> Cftw MM MC« MM ■P c T?g 5*__± r«"» i— -wr M> %CV> m fZ wB »5 12 ABRMdpSc 19 -0.5 lis 20 19 19 20 S II 19 cc *j <0 405 12 c APOI5c 21 Sod unch 490 22 215 21 221,250 words
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Article278 2002-03-26 19 J* UMQmte GftWn H* firtM Mat mCm >■» I—> Cimfmf I3H W- TO I— >»yr Mhl Cw Wj $3 14 11J SJ I91jS 720 265 2.1 7.4 6 24X62 OmmgKong50cHK 1700 240 6.3 6.7 3 408*5 a 45 City* SotutiontLtHK 55 50 2 76 36 54.5 210.7 G*dph2000lS278 words
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KNOWLEDGE economy
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Article, Illustration1144 2002-03-26 20 JULIAN S C LAM - Firmsthat procrastinate in their KM initiatives will find themselves at a disadvantage against their knowledge-centric rivals, writes s C JULIAN S C LAM DESPITE the amount of literature about the benefits of knowledge management (KM), many companies are either still holding back on their KM initiativeFILE PHOTO - 1,144 words
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Page 20 Advertisements
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Advertisement249 2002-03-26 20 3feSU*K -**--r^ ll^_Jl^ (without COE& insurance) I Jk .1 i vfisri i i Car specifications vary for deferent countries and details in JMB^ffißtSiffF l l M i j Jl rr>e picture featured hers may drfter from actus/mode/ I I i, Take part and you could win tt prizes in our249 words
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SHIPPING TIMES
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Article281 2002-03-26 21 Reuters THE Baltic Dry Index (BDI) rose four points to 1,085, the Baltic Panamax Index (BPI) fell five points to 1,065, the Baltic Handymax Index (BHI) firmed 44 points to 7,357 and the Baltic Capesize Index (BCI) was up 12 points to 1,372. UMB-GHABTEBi ♦Alpha Friendship (built 1996)Reuters - 281 words
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Article257 2002-03-26 21 *8 8 M CWT Distribution 0.7S -0.02 75 Chum Hup 0.44 0.02 5759 Cosco Invastmant ,_0.24 unch 388 FrttaM LMl 0.07 unch 380 GBHoMngs 0.60 unch 0 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 022 -0.01 798 Kappal Corp 4.14 -a18 3676 Kappal Marina 0.20 0.01 75 Kappa*257 words
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Article, Illustration716 2002-03-26 21 Donald Urquhart - In HE, HIT, Cosco-HIT facilities chalked «p 7% fall in total throughput last year By, Donald Urquhart [SINGAPORE] Global port acquisitions have helped offset flagging container volumes at Hutchison Port Holdings' home terminals in Hong Kong as the container handling giant posts a 6 per716 words
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157 2002-03-26 21 Dow Jones {WELLINGTON] Ports of Auckland Ltd, which operates New Zealand's main port, expects delivery in April of two 28-story cranes that will service a new generation of giant container ships. The cranes, built by Zhenhua Port Machinery Co. in Shanghai for NZ$lB.5 million,Dow Jones - 157 words
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PORT Shots
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Article75 2002-03-26 21 AFX [MANILA] International Container Terminal Services Inc will build a 50,000 square metre empty container depot at the Manila International Container Terminal (MICT) in anticipation of increased volumes this year, Business World reported, quoting ICTSI senior vice-president Francis Andrews. "With the Philippine economy on itsAFX - 75 words
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125 2002-03-26 21 Bloomberg [EDINBURGH, Scotland] Forth Ports, which owns andoperates Tilbury, London's biggest port, said 2001 profit rose 5.7 per cent as its Scottish ports handled more freight and it benefited from real estate development. Net income roee to £27.7 million (Ss72 million), or 81 pence aBloomberg - 125 words
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253 2002-03-26 21 VLOCw&s empty, ULCC laden with oil; no injuries AP [DUBAI] Two massive oil tankers collided early yesterday in the Gulf of Oman, oil sources said. After several hours, tugs managed to separate the British Vigilance, an empty very large crudeAP - 253 words
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176 2002-03-26 21 Xinhua [BEIJING] Fifteen Chinese on an engineering survey ship that sunk in the Hangzhou Bay last Friday in south-east China's Zhejiang Province were still missing by Sunday night, the English-Language Newspaper China Daily said yesterday. An official with the provincial maritime safety administrationXinhua - 176 words
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AIRLINE woes
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Article, Illustration621 2002-03-26 22 Carriers may have to wait until the end of next year before they can see a profitable bottom line, the global airline body lata cautions Reuters [GENEVA] THE airline industry, badly hit by last September's suicide hijackings in the United States, mayReuters; FILE PHOTO - 621 words
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Article125 2002-03-26 22 PAGE F0004 Sun 5 AppmNp 5 4 BSA 6 Fi#tr«H 4 rtwqMas 6 6«Mftri« 4 CtUCGM 3 H**' 4 COSCO 3 4 Columbus 5 Heuno-A 3 Central Ex 4 Mtrasia 5 CtwwShpo 5 IRISI 5 i Cougar 5 WmHw, 5 t CVTGMwM 6 6 Dtta 4 KMT125 words
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Article13155 2002-03-26 26 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desrn Name Name Number Number SIN Dest'n Name Name Number Number To APIA (APW) 2022 Samoa To ABIDJAN (ABJ) 2003 Cot* D'I voire 02/04 n/os Columbus tasman pathfinder *****7 ********** 03/04 07/0513,155 words
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SHIPS IN PORT
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Article571 2002-03-26 29 I?* 5 VoyNo Berth Arrival Depart 111 "I' A 32 Jmm XI 25/03/6:10 25/03/20* J» 25/030:45 25/03/1901 "*»SS m 2V03/650 25/0309® Jtt 25/03/8:05 25/03/23:0 "S?. M J» 25/03/8:15 26/0305® 301 25/03/9®) 25/03/13® ***** 103 25/03/6:35 25/03/22:0 J« 25/03/7:25 25/03/16:0* F 2 3,6 2V03/8:45 26/03/22:0 S22ES] 5 25/03/8:6 25/03/23:0571 words
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Article1666 2002-03-26 29 WCEtVBW OF BffOW TO. CONTAINERS »HD LCt CAMP KstH Vo* No Etb/fttr HrM* Froa To Fron «ci mcus ou* twao itmtx fvw* ;v>«oc a Mm i»w amo I a 2VTW Mw amo am HAM 2VM0 I 2Veoo am ivrrso ta «U6«Xl» Ml < V; 1 o: 2VM0 24m1,666 words
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Article197 2002-03-26 29 March 29 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 Friday April 1 Australia: Easter197 words
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Article798 2002-03-26 29 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 indicated. The Cockett Bunker Price Index change and the798 words
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Article295 2002-03-26 29 H.U J M SJ OLW <1 00] t*~wy mutt S«<—t «o tbon C25 2 0 10 0 0 wj oi at oot zr osu iuwj «._>«, J™" wu 04 nj o.o« so 003 M^i %w kwitCS 1 0 0 0 0 0 ES U U K295 words
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AIR & LAND transport
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Article, Illustration331 2002-03-26 30 It lias rejected US conclusions blaming the co-pilot Reuters [CAIRO] Egyptian investigators vowed to continue looking for what caused an Egypt Air plane to crash off the US coast in 1999, saying their American counterparts had jumped to conclusions in blamingReuters; AP - 331 words
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232 2002-03-26 30 Bloomberg [PARIS] Dassault Aviation SA said the loss of an order for as many as 122 Falcon aircraft worth US$2.5 billion from UAL Corp's Avolar unit would not hurt Dassault's "good performance" as only 10 deliveries were scheduled for 2002 and 2003.Bloomberg - 232 words
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163 2002-03-26 30 AFP [SHANGHAI] China Eastern Airlines, one of China's three big aviation players, has confirmed it has taken a 40 per cent stake in smaller rival Wuhan Airlines in the form of a joint venture. The widely-expected deal will see Wuhan Airlines adopt itsAFP - 163 words
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486 2002-03-26 30 IPO will help finance airline's growth plans Reuters [NEW YORK] Jetßlue Airways has said it plans to raise up to US$l32 million in an initial public offering, the first of several carriers hoping to tap investors just six months afterReuters - 486 words
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LOG Book
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77 2002-03-26 30 Bloomberg [SHANGHAI] Shanghai Airlines, China's ninth biggest carrier, said it wiU fly this year to Ho Chi Minh City, its third international route, and will take delivery of three new aircraft to expand its fleet. Shanghai Air will receive two Being CoBloomberg - 77 words
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Article128 2002-03-26 30 AFP 11 au'mj Taiwan's largest air carrier China Airlines (CAL) is expected to buy at least a dozen passenger planes from European aircraft maker Airbus Industrie, it was reported yesterday. The deal, estimated at US$l.5-US$2.O billion, would include firm and option orders forAFP - 128 words
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78 2002-03-26 30 Dow Jones AFX IdainijKUKJ The board of Thai Airways International will shortly consider a plan to purchase new aircraft, the Nation reports, quoting the carrier's acting president Kobchai Srivilas. Boeing and Airbus will be invited to present proposals early next month. Sources saidDow Jones; AFX - 78 words
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Article, Illustration266 2002-03-26 30 But cargo volume sees a dip compared to fignres in Jan Bloomberg [Hong Kong] Hong Kong Dragon Airlines Ltd, the smaller of the city's two carriers, said its passenger numbers rose 29 per cent last month because of increased capacity and theBloomberg; FILE PHOTO - 266 words
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259 2002-03-26 30 AP [TAIPEI] Taiwan may approve charter flights from Taipei to Seoul, South Korea, during this summer's World Cup, the first such flights since the two sides cut off air links 10 years ago, a Taiwanese official said yesterday. Far East AirAP - 259 words
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Article1665 2002-03-26 30 FUBW CT* MBIT IT U4578 1700 U8763 2350 »<*> LH9770 2230 S***** T700 S026 2350 MM a» M730* 1825 IM779 2359 AautarOaai S023 0625 6*974 0130 W45W 2359 WJ37 (545 W.838 2300 HUOW zm S»324 2385 **—8 S0909 WO MHO OOP AntMMwrtvo M0012 0645 tum&m S0M31,665 words
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Page 21 Advertisements
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Advertisement54 2002-03-26 21 Return to profits some way off, airlines warned Page 2 rn 11*. v M f MS ■J/ |r Egypt vows to find cause of 1999 Egypt Air crash Back page Jetßlue aims to raise up to USsl32m from stock offering Back page Taiwan carrier seeks nod for flights to S54 words
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Advertisement323 2002-03-26 21 ANpte British Maritime Technology's (BMT) subsidiary BMT Murray Fenton has appointed Cap* Chart* Ham to the Singapore office. Mr Hann spent 12 years with Neptune Orient Lines and had worked at ExxonMobil Singapore as port captain adviser and coordinator. He joined BMT Murray Fenton in February after working as a323 words
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Page 22 Advertisements
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Advertisement489 2002-03-26 22 NORTH AMERICA ~l[H QULFHNDtA SUB-CONTJNENt ■wwwwriUßiiiautuiu 1 j| gg *21 M US Kg vosa WW MA I MB I I ooaiAMM stwio 13/03 Ji/tt «7m =7= I OOaKTMBUMK 35W11 20/11 07/ M 00/ M WUOTb MALACCA 201 20/03 H/U 13/03 11/03 I ooawreuM mm 27/03 um u/m ®um»«oow ok 27/03489 words
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Advertisement589 2002-03-26 22 mvicm represented by j|KH|a M*nt*no#lheßagiilryof Members of #w Accredited Shipping Agar*, Jgimf Sn W xm Sogopore Shaping Aisockrton Aaockrtion I vosa VOY In* nT~~7u PKUN6 sratc MALE >■} EmpcwiLily 0202 02/04 03/04 11/04 i j Princess Lily 0402 19/04 20/04 28/04 i Empress Lily 0302 06/05 07/05 15/05 > I589 words
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Advertisement801 2002-03-26 23 TO USA (SAX SERVICE) rasa vor snieia lax oak imi hou on cot mem m. nyc **CtnM 109E 17/03 11/04 10/04 14/04 10/04 10/04 17 /N 14/04 11/04 11/ M miasm 1031 03/04 11/04 23/04 13/04 23/04 23/04 24/04 23/04 25/04 25/04 Aft HOiiAND IQ7I 10/04 25/04 30/04 30/04 30/04801 words
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Advertisement1236 2002-03-26 23 > w I I/I iif MRS MJtCttUMCM, 7 nine in SKCV,, "{gSS" 1 """SK#! ■«*««"SE «S *gga» »ggai»! -jmvo, jjmm SJT* SSgJtf SSSS? cowwlSa. SiSS'/m iggit# wa mTmmm/m %&S*Sn SN SBST" SSSSXS: HH ?"«i»i.: SBSI MIHE/7SM 71/03 Vtm IQM4 10/54 imm 11/n run Mi |S/t3 I coscoanrae hck 31/03 m/w1,236 words
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Advertisement395 2002-03-26 23 *sa wr_ jm_ ii m we im ro k rasa m i si 6 jn a» lwcaMl —M V 4 _V«_ 7/4 i/4 */4 SSljdKy* -J7J 2L21 »LJ« BflS IF^F-^F^F «wcMma axs nn yi y/4 y« iy< iy« <aswn > 2!2 2!L _j_ _¥L _i_ «sa wr sw du wo395 words
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Advertisement762 2002-03-26 24 HYUNDAI MERCHANT MARINE CO., LTD. SOU ia HM ANT HAM MN HT MSCOVOT M7W 25/03 U/M 10/04 11/04 I IJ/M I API MOT IMW 10/03 14/04 19/04 U/M 17/14 ■OtIWOMUNd 001W 29/03 19/ M 20/04 14/04 U/04 NYKMRAL 334W 01/04 23/04 17/04 U/M 20/04 IHW #4/04 21/04 20/04 23/04 24/04762 words
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Advertisement1065 2002-03-26 24 L WAN HAJ UNEi PTE LTD \VT\WAN HAI LINES w www! I 1 www.waa4ai.cMn.sa we mi) $aeepwe:7i4*/7i*»i wintpa |Bb MBjliWrTS® JT® Sb~ fiJto lIIw T wL —STE —BE —gc- JL laaiwiii ivn i;« n* *ms MC UM m mm ISUSU*' 52 B?v ww mm mm .a* n*. IWaaM BS3 I1,065 words
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Advertisement576 2002-03-26 24 |®> !S&« WEEKLY express sailing schedule ALSO MXOTVK TO Ml NORTHBW MB WBTBW CO POWTI FCL TO COCHM. TUTCONN rti COLOMM ft KANOLA «M NHEM SHEW ww rrat knoaol um aamam am !UL-J!UKL moMuai w» a/Mini n/vwi nm «uaa now MBawnm m ■AftJMf P t(W l/!« l/tm 9/10 M MOMS576 words
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Page 25 Advertisements
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Advertisement1268 2002-03-26 25 IVfSSO. VOY KHH HKO I SIN I PKL OX6 MI DMM ~T~lic KAN TEHRAN PCL2S2 25/03 27/03 30/03 31/03 07/04 01/04 10/04 12/04 MVUNOAVIA PCL-253 01/04 03/04 06/04 07/04 14/04 15/04 17/04 19/04 MAN KEKMAN PCL-254 03/04 10/04 13/04 14/04 21/04 22/04 24/04 26/04 MAN ISFAHAN PCL-255 15/04 17/04 20/041,268 words
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Advertisement466 2002-03-26 25 UK CONTINENT SERVICE Loadtog tar OCEAN ISLAND ROM/ATW/BMNAJK/LPL DtMITRA RDM/ATW/BMN/UK/NAN Load* E7W. mrloneaa MIDDLE-EAST SERVICE Loading for UON GLORY JDH/AQA PAN QUEEN DBI/ABU/DOH/BRN/DMM/KWT HANDY ESPERANCE DBI/ABU/DOH/BRN/DMM/KWT RAINIER JDH/AQA/DMT ANAIS LAND JDH/AQA/DMT Ixiadi Singapore. E7W. Mdayaw, IndoneaM USA SERVICE Loading tor HELENA PRIDE CAM/NFK/SAV/NOL LOK PRAKASH VCW/LAX/MZL HABIBE ANA CAM/NFK/SAV/NOL •Load»466 words
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Advertisement558 2002-03-26 25 rat— vran m m *i_ MfSSS! #85 yMU im »/M ■SJwTTTMBM tlfl -vSSrjb» jgL au tn liLJji_Lfc=Fiß fHh II I gg I ggE WWflagH( lANGAA sn; 17/ M 20/04 22/B4 lOTA MUM WBQS7 ||/H M/|| -ss gg—ESI -S& =jps==H=-j|S H ■w jE^T^raC* 17/S ii/ 04 vm nm I Far SOC/COC558 words
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Page 26 Advertisements
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Advertisement303 2002-03-26 26 I. miQl SIN Ptt SOU HIM UM AMI Lflj UI7SW 03/04 04/04 22/04 23/04 25/04 29/04 77/04 175W 10/04 11/04 29/04 01/05 02/05 M/ 05 04/05 I 18/04 19/04 07/05 09/05 11/05 14/05 12/05 gfW VOY Si' m"} auT 00* IKM I fos Ihi B i»F=S=*****=2|:jl=il= mUfDE PUBIS 423W 14/04303 words
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Advertisement239 2002-03-26 26 Ijmi CWT GLOBELINK PTE LTD J owNorfKtuM TEL:S22SIB33 (38 LINES) FAX:*****742 m SYDNtYUtLBOUHNt KHANGFOKT K tLANG ?AUK GUDANG KUCHING BANGKOK KARACHI BOMBAY "f W DELHI-COLOMBO-HO CHI MINH CITYHAirHONGHANOIBKEMENHAUBUBGTIANJIN-QINGDAO SHANGHAI-XIAMEN FUZHOU-DALIAN-XIAN-BEIJING-SHI HA ZHUANG WEEKLY DIRECT GROUPAGE SERVICE TO CENTRAL SOUTH AMERICA MANZANILLO/MEXICO BUENAVENTURA/COLOMBIA MONTEVIDEO/URUGUAY SANTOS/BRAZIL VALPARAISO/CHILE I BUENOS AIRES/ARGENTINA For anqulrlotlbooklngs.239 words
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Advertisement233 2002-03-26 26 tea MYANMA UlUi FIVE STAR UNE (MfiMMr NftiMMl Um) VBSR VOT SM ftl KM KM •OKU «W Sl» CHMSHWENAW 54W SU OMAVSU MOTS: BQKRM SMPPMG MOCKS ML TH 03-*****)00 «L IH 03-SI7MIOI rat IH 04-M***** FGII: TE 07-*****21/4 BANK LINE (A Mrvkf ti kaktm WWr SUpptaf) I NORTHBOUND TO EUROPE233 words
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Page 29 Miscellaneous
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Miscellaneous137 2002-03-26 29 HT s. V W* yf 2 y i y\^ Issued by' Meteorol^glca^ K Thunderstorm Showers y^\ Rain T Wpathp t r Ure C (j Wind direction and speed in knots Cloudy Day Weather w £><3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light137 words
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Page 31 Advertisements
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Advertisement2848 2002-03-26 31 i iv DUdiilosd i linos, i uubudy, wieirun cUUc Pag© HII UNITED OV6RS6AS BANK LIMITED AND ITS SUBSIDIARIES II I I INCORPORATED IN THE REPUBLIC OF SINGAPORE BALANCE SHEETS AS AT 31 DECEMBER 2001 Tha Group Thtßmtk Tlx Group The Bank 2000 2001 2000 Not.. M 2MI rooo $'000 rooo2,848 words
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Page 32 Advertisements
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Advertisement1732 2002-03-26 32 lIH UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES I II I I '"to** o iffUeilC Of SIMMFOH I NOTES TO THE FINANCIAL STATEMENTS -31 DECEMBER 2001 n i < I 11 uwvcxon TtM ana orntr rtmunofinoo l 3 Intarast iocom# I *1 Included in total .xptnM are fee. and othar1,732 words
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Page 33 Advertisements
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Advertisement1929 2002-03-26 33 Page 3 111 l UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES I II I I IM€ Of SlNGtfOll I I NOTES TO THE FINANCIAL STATEMENTS -31 DECEMBER 2001 23 Bubordh-t* no*, tcontd, 18 N fV<fct,ibUt W r iCOntd> P-f September 2001 end mature on 30 September 2016. The SS Note,1,929 words
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Page 34 Advertisements
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Advertisement2119 2002-03-26 34 Business Times. Tuesday, March *****2 Nil UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES II I I .NCO«*O«AT£D IN THI ttPUBItC Of SIMAPOIti I I NOTIS TO THE FINANCIAL STATEMENTS 3, «C£MB£R 200. TTZZZZZZZZZI 28 Trad* bills and advanc** to customara (cont'd) JWI I (e) The movement, in proviso, .re as2,119 words
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Page 35 Advertisements
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Advertisement2548 2002-03-26 35 HII UNIT6D OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES I I I I I l tIKOarOMTIO IN THE KPUMK Of »NGAPO«f I NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2001 36 Propoi#d (fvldtodi I I th fi 2^ ,>Cia i Ve r 20 1 of 25 cent, per .hare net of2,548 words
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Page 36 Advertisements
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Advertisement2082 2002-03-26 36 HII UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES II I I "*O«PO«ATfD 111 THi fPUSIIt 0# SINGAPORE ••-"KirM NOTES TO THE FINANCIAL STATEMENTS —31 DECEMBER 2001 B *3 Financial risk management Icont'dl 43 Financial riafc management (cont'd) (a) Credit rtafc (cont'd) ,C> ,COn, d The Group Th Gfoup nZZZHZZII ss2,082 words
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Page 37 Advertisements
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Advertisement2267 2002-03-26 37 HII UNIT€D OVERSEAS BANK LIMITED ANO ITS SUBSIDIARIES I I '"COt*>tATED IN TMC tEPUiLK Of SMMHM) I NOTES TO THE HNANCIAL STATEMENTS-31 DECEMBER 2001 f rg 44 Fair nkiM of flnendaJ instruments (cont'd) I The fair values of off-balance sheet derivatives for 2001 are shown in Note 38. Percentage of2,267 words
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Page 38 Advertisements
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Advertisement1020 2002-03-26 38 HI Bus ness 68 T "esday, March262oo2 ■jjjj- aANK LIMITED ANO ITS SUBSIDIARIES j NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2001 j AUDITORS' RFPORT TO THF MFMPPpc np r|||| tnewporttfoft Effective Intaroat UNITED OyRRSEAS BANK LIMITFn C P andbusinae» held by the Group I 2801 2 °oo We have1,020 words
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Page 39 Advertisements
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Advertisement2369 2002-03-26 39 iHf BANK UM,T€D AND ITS SUBSIDIARIESI BALANCE SHEETS AS AT 31 DECEMBER ?nm 1 I The Group The Bank I Not* 2001 2000 2001 2000 The Group The Bank I I Notas 2001 2000 2001 2000 I I SHARE CAPITAL AND RESERVES 5 000 roo $00 c rooo tOOO~ IZT2,369 words
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Page 40 Advertisements
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Advertisement2324 2002-03-26 40 IHI INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES 111 I I CO,PO,,ATID TH€ "OUBLIC Of St*CAPO«t -WMWIWM-lIIIWJ NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED I I I 31 DECEMBER 2001 I 2 SIGNIFICANT ACCOUNTING POLICES (cont'd) I R£MUNERATK>N I 18 REVENUE RESERVES I (a) included in total2,324 words
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Page 41 Advertisements
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Advertisement2130 2002-03-26 41 HII INDUSTRIAL 8 COMMERCIAL BANK UMIT6D AND ITS SUBSIDIARIES I III! < IKCO«PO*AT£O M TH€ HrußiK Of SI*GAPO»E I NQTESTQ THE FINANCIAL STATEMENTS FOB TW hmammai VKAB ttacn I I I 31 DECEMBER 2001 I I I 21 SINGAPORE GOVERNMENT TREASURY BUS ANO SECURfTES I OTHER ACCOUNTS I I I2,130 words
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Page 42 Advertisements
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Advertisement3033 2002-03-26 42 HII INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES 111 l CO POtATtD TMI "fMX Of SINGAPORE I "WW I NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED I I I 31 DECEMBER 2001 J COMMITMENTS I 39 SEGMENT INFORMATION Icont'd) I 41 FINANCIAL RISK MANAGEMENT (cont'd) I The3,033 words
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Page 43 Advertisements
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Advertisement1336 2002-03-26 43 Page JUL INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES 111 l ('^<»OO^EO IM TH(.EPt J BtKOFS IN GA ro E WW«Jll#inillfcW WQTCS TO TUP HWAWTitI CTATCueure r 1 r 31 DECEMBER 2001 *1 nNANaAL RISK MANAGEMENT (cont'd) 41 FINANCIAL RISK MANAGEMENT (cont'd) 42 FAIR VALUES OF FINANCIAL INSTRUMENTS (cont'd) (d)1,336 words
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Page 44 Advertisements
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Advertisement2286 2002-03-26 44 I _^^The Business Times, Tuesday, March 26 2002 ■jjjr fAR EASTERN BANK LIMITED AND ITS SUBSIDIARIES 111 I 'NCORPORATEO IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 2001 I The Group The Bank I Notes 2001 2000 2001 2000 The Group The Bank «000 jZSS rooo N2,286 words
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Page 45 Advertisements
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Advertisement2264 2002-03-26 45 I 111 l PAR €AST€RN BANK LIMITED AND ITS SUBSIDIARIES I 111 l ,M<CM,PO ATtD m THI KPUIIK Of SIHGAPORI I NOTES TO THE FINANCIAL RTATFMFMTC cnn rue HTniDCn 1001 I 4 Interest expense 1g R#v#nue r#4erve> I The Group The Bank (a) The Gronn advanc to Vomers (continued) I2,264 words
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Page 46 Advertisements
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Advertisement3559 2002-03-26 46 I 111 l PAR 6AST6RN BANK UMIT€D AND ITS SUBSIDIARI6S ~1 I 111 l IHCO«PO«*ItD IN THC (EPUM.IC Of SINGAPORE I I I NOTES TO E nwAMC A| statpmcmtc tor t c wmamcuu embed ti rTrrrinnrn iooi I I 28 Dividends I I I 35 Financial risk management (continued) 353,559 words
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Page 47 Advertisements
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Advertisement2340 2002-03-26 47 Overseas Union Trust Limited I (Incorporated in the Republic of Singapore) I BALANCE SHEETS AS AT 31 DECEMBER ?nm I I TH»O*omp mogjg I I Note* 2001_ 2000 1001 2000 The Oroun Tk.I I Share Colt., ,00 ,00 ,00 _J~: MOl 2000~ I Shaw Capital i'ooo rooo $doo s xx2,340 words
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Page 48 Advertisements
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Advertisement3266 2002-03-26 48 Overseas Union Trust Limited (Incorporated in the Republic of Singapore) 2. Sign Meant Accounting PoliciM (continued) I 7 Taxation I (i) Loans (continued) I I I (a) Tax expense I Loana, Advance and ftecalvatotea (continued) As stated in note 18, UOB became the Company's ultimate holding company with effect from3,266 words
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Page 49 Advertisements
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Advertisement1000 2002-03-26 49 Overseas Union Trust Limited I (Incorporated in the Republic of Singapore) I I 25. Provision for Poaelbie Loan Lamm and Diminution In Value of Oilier Aim(i I x Segment I I I n»»Ort>op Th* Company I Property vahctt t I 01 Fln >e Aeeeta and UabiNtiaa (continued) I I 20011,000 words
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Page 50 Advertisements
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Advertisement1344 2002-03-26 50 C6ll CEI Contract Manufacturing Limited (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 3rd Annual General meeting of CEI CONTRACT MANUFACTURING LIMITED ("the Company") will be held at Raffles City Convention Centre, Minto Room (Level 4), 2 Stamford Road, Singapore *****21,344 words
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Advertisement1050 2002-03-26 50 I CEI Contract Manufacturing Limited I I I (Incorporated In the Republic of Singapore) I I Notice of Extraordinary General Meeting I I NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at I Raffles City Convention Centre, Minto Room (Level 4), 2 Stamford1,050 words
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