The Business Times, 27 March 2002

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Total Pages: 36
1 36 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, MARCH 27, 2002
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  • Article
    Lock icon Dow up 142 at 10.30 am EST
    53 1 Bloomberg [NEW YORK] US stocks rose in early trading yesterday, giving the Dow Jones its first gain in a week as the Conference Board said consumer confidence exceeded forecasts. The Dow rose 142.89 to 10,424.56 at 10.30 am EST. The Nasdaq gained 31.1
    Bloomberg  -  53 words
  • Article
    Lock icon MARKET SUMMARY
    74 1 □m 1,711X1 (-4.48) VMU 737.42 (-4.68) nKQKrarauß MB 1,71? JO (-6.00) nuunmnß mm mm (-1.30) STOCK MAUETDOHCES Taeadcr Cbaue KLSECOMP 761 JO +5J4 NIKXEI221 —1U07J2 -5117 HANG SENO —10,***** -49.72 SET INDEX ***** -232 JAKARTA COUP .181JC +2.43 MANILA COMP.1,407.13 4.18 TAIPEI WP! 1242.64 +2147 SEOUL OOMP 881A
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  • Article
    Lock icon FINANCE
    67 1 FOBEX BATES uss ss US$ (S$ per L'S$) 1148 £(USS/S$ pcr£)_ 1.425 2.628 ELHO(USS/S$/'E). 4876 1616 DM 2116 1182 YEN 1318 7110 RM 1800 1061 HK8 7790 4181 BAHT 4816 2812 RIT1AH 9115 6116 PMME MATES SINGAPORE* 616 KUALA LUMPUR 149 BONO KONO 5.126 JAKARTA WOO TAIPEI $m TOKYO
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  • Article, Illustration
    Lock icon Former Citibanker to head OCBC
    783 1  -  David Conner will take over from Alex An, ending months of uncertainty By Siow Li Sen [SINGAPORE] OCBC Bank yesterday named former Citibanker David Conner as its new chief executive, ending five months of uncertainty in one of the most closely watched corporate announcements in
    ARTHUR LEE  -  783 words
  • Article, Illustration
    Lock icon KepCorp may have failed some KT&T investors
    879 1  -  BOGKfcOGKSBW It took several things for granted, Lee Baa SMh says Lee Han Shih DID Keppel Telecommunications Transportation's minority shareholders lose out because they were not informed of the now-infa-mous US$BO million loan to the Friedman brothers? This issue, instead of the plan
    ARTHUR LEE  -  879 words
  • Article
    Lock icon More staff at investment banks to get the axe
    656 1  -  JP Morgan Chase, CSFB, Goldman staff among those affected as Asia revenues dwindle By Catherine Ong [SINGAPORE] Several Wall Street investment banks including JP Morgan Chase, CS First Boston and Goldman Sachs are laying off staff in Asia as part of
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      69 1 Boost for consumer confidence, Pg 21 DfSIDE Genevieve Cua: CPF tags for guaranteed funds? Back Pmgo Top StorlM Thakral to post turnaround wfth $208 m prom. Next Page Good year for VW Financial in Asia. Motoring Pg 11 YTLbuys Enron assetfor USsl.7b. «*f* I BT Comment Larry Wee: Yen and
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      16 1 COS stake written down to just $sm,Pg6 SLAB view*, Pg 6 Headers' view* Mailbag, Pg 6
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      352 1 Care to give your overseas property loan a check-up? M M m Interested in saving money on your overseas property loan? Since the start of 2001, the US dollar Federal Funds rate has been reduced an astonishing 11 times and has reached its lowest level in almost four decades. Similarly,
      352 words
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      5 1 More DBS layoffs, Pg 3
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    • ON THE grapevine
      • Article
        Lock icon Living up to its nickname
        67 2 WITH the announcement that it has hired Citibanker David Conner as its new chief executive officer, OCBC has really lived up to its nickname of Old Citi Bankers' Club. It could, of course, also be called the Old SIA Club, as SIA chief executive Cheong
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      • Article
        Lock icon Telly standards, no less
        84 2 REALISING the need for analysts to look confident and sound convincing when selling investment ideas, DBS-Vickers Securities has been putting its team of number crunchers through weeks of training on presentation skills. According to Edmund Lee, the chief executive of the stockbroking operations at DBS-Vickers, analysts
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      • Article
        Lock icon No stopping Big Ben
        61 2 THE BRITISH House of Commons has issued an unusual comment to the country it says Big Ben will not stop chiming despite a dispute with the company that was cleaning and maintaining it. Thwaites Reed has maintained Big Ben for years, but the latest contract is
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    • Article, Illustration
      Lock icon Thakral to post turnaround with $208m full-year profit
      683 2  -  Bat huge gains raise concerns of a substantial tax liability By] Ling Su Ann [SINGAPORE] Thakral Corp emerged from nearbankruptcy yesterday to announce that its successful restructuring will help it to report a gain of $207.5 million for the full year ending
      683 words
    • Article
      Lock icon S&P takes dimmer view of general insurance
      585 2  -  Ratings agency says outlook is 'negative'; but life insurance industry still seen as 'stable' Byi Genevieve Cua [SINGAPORE) Ratings agency Standard Poor's has lowered its outlook on the financial strength of Singapore's general insurance industry from "stable" to "negative", against a backdrop of
      585 words
    • Article
      Lock icon Correction
      53 2 A NEWS agency report we carried yesterday on Asian Micro Holdings' financial results stated wrongly that the group's operating loss was due mainly to a partial write-back of tax provisions of $0.46 million for its subsidiary Asian Micro (S) Pte Ltd. The effect of the writeback in fact narrowed
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      124 2 Wharton The Wharton School University of Pennsylvania global leaders, visionary entrepreneurs In an era off exacting global competition for skills and innovations, the Singapore Management University (SMU) is primed to deliver cutting edge executive education. Together with The Wharton School off the University off Pennsylvania, America's top-ranking business school, SMU
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      6 2 KTAT controversy: More reports, Pg 6
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  • SINGAPORE companies
    • Article
      Lock icon SPH's 20% fall in interim profit smaller than expected
      494 3  -  Exceptional gain, savings in newsprint, lower wage bill help results By Quak Hiang Whai SINGAPORE Press Holdings yesterday reported a smaller-than-expected 20.3 per cent fall in interim earnings to $163 million and is set to beat its own earlier forecast of
      494 words
    • Article
      Lock icon DBS lays off at least 30 more staff, say sources
      324 3  -  Cuts over last three weeks firm depts including back-end ops, group credit By Vince Chong DBS Bank has retrenched at least 30 staff in the past three weeks from departments including back-end operations and group credit, sources say. The bank
      324 words
    • Article, Illustration
      Lock icon CityDev seen posting worst-ever earnings
      680 3 Analysts expect $173 m profit in 2001 bat provisions may lead to a loss Dow Jones Newswires ASSAILED by a double whammy of slowing global and local economies, City Developments Ltd, one of Singapore's largest property companies, is likely to post one of its worst
      Dow Jones Newswires; FILE PHOTO  -  680 words
    • Article
      Lock icon PNE Micron eyes Sesdaq listing by end of the month
      369 7  -  Ike firm plana to tame around 60m shares, raise $10m By\ Geraldine Lor ELECTRON-DEPOSIT coating specialist PNE Micron Holdings Ltd plans to go public by the end of this month, after receiving inprinciple approval to list on the SGX-Sesdaq. The
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    • Article, Illustration
      Lock icon Europtronic taps IPO to expand China ops
      428 7  -  Component maker offers 62m shares at 27 cents each to raise $17m By David Boey ELECTRONICS component maker Europtronic Group has said it plans to use net proceeds of $17 million from the sale of its initial public offer shares, priced at 27
      CHRIS LOH  -  428 words
    • Article
      Lock icon HSBC officially launches Asian local bond index
      446 7 Dow Jones Newswires [HONG KONG] Hongkong Shanghai Banking Corp (HSBC) yesterday officially launched its Asian Local Bond Index, or ALBI. The index had a soft launch in January, at which time it was made available to a number of investors to test. The
      Dow Jones Newswires  -  446 words
    • COMPANY Briefs
      • Article
        Lock icon Ban Joo interim net op 22% to $1.34m
        70 7 Reuters BAN Joo Company's net profit rose 722 per cent to $1.34 million for the six months to Dec 31,2001. Turnover increased to 165.3 million from $54.18 million. Ban Joo, a textiles manufacturer and distributor, said the increase in profit was primarily
        Reuters  -  70 words
      • Article
        Lock icon Startech's 2001 net plunges 78%
        40 7 Reuters staktech Electronics' 2001 net prom was down 78 per cent to 10.57 million. Turnover fell to 137 M million from $43.87 million. Its directors believe the group will be profitable in the first halt—Radars
        Reuters  -  40 words
      • Article
        Lock icon San Teh's 2001 net profit dives 64%
        86 7 Reuters SAN Teh's 2001 net profit fell64Bper cent to $3 million. Turnover rose to |S&3 million from $47 .28 million. San Teh is a hotelier and a cement producer in China. It said the decline in profits was due mainly to the start-up
        Reuters  -  86 words
      • Article
        Lock icon Labroy's net rises 12% for 2001
        46 7 Reuters LABROY Marine's 2001 net profit was up 12 per cent to $22 JO million. Turnover rose to $222.44 million from $206.74 million. Labroy is involved in the owning and chartering of livestock carriers, tankers and precision engineering activities. —Reuters
        Reuters  -  46 words
      • Article
        Lock icon Pakara's 2001 net plunges 72%
        91 7 Reuters rAKAKA recnnoiogy s 2001 net pront plunged 72 per cent to $1.49 million. Turnover rose to $68.69 million from $47.44 million. Pakara manufactures and trades electronic components parts and lead-add batteries. It said the decrease in net profit was due mainly to the group's
        Reuters  -  91 words
      • Article
        Lock icon TPA Strategic's net up 66% to $1.2m
        55 7 Reuters TPA Strategic s 2001 net profit wa&up 66 per cent to $1.2 million. Turnover fell to $23.27 million from $31.3 million. TPA Strategic is engaged in the aviation business and industrial products and services. It is cautiously optimistic that the group will
        Reuters  -  55 words
      • Article
        Lock icon Aspial suflers 2001 net loss of $2.9m
        77 7 ASrIAL Corp Ltd suffered a 2001 net loss 0f|2.9 million, due to first-half losses in its jewellery business and revaluation of properties in the second half. The group, which made a net profit of (836,000 the previous year, said turnover fell 7 pa*
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      • Article
        Lock icon MAE Eng 2001 profit down 59%
        72 7 MAE Engineering Ltd's 2001 profit was down 59 per cent to $1.3 million. Turnover fell 14 per oent to $60 million. The group said the decrease in net profit was a result of the unexpected economic downturn in the second half of the year.
        72 words
      • Article
        Lock icon Panpac'si 9-month net drops 18%
        84 7 PANPAC Media.com Ltd reported a net profit of $10.1 million for the nine months ended Dec 31,2001. This translates to an 18 per cent drop, compared to the full-year profit of $16.5 million for the year ended March 31,2001. Panpac Medla.com said the fall in
        84 words
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      553 3 yfm m .^m^m^^m jJ L W 1 IMI J mm I I I I I I 1 m>m dfefr industries are seen as the catalysts. Taiwan continues to Technology Fund provides the right supplement to your rMr v benefit from outsourcing by global technology players. Asian investments. w tMO Frit
      553 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      298 4 OTHER SINGAPORE INDICES Mar 26 VALUE CLOSE ■TOMB 20Z00 ♦195.00 if CUM -*****.00 +41.00 lTlH«rH -*****.00 +20.00 472.53 -1.08 MlpahiBwt 171.90 +0.61 1587.06 -0.69 Wpfllhip 456.69 -2.22 MOfcpp— 226.27 -0.09 Roly IntUSlOc 20.772.0CX) Fischer 15c 18.601.000 SembCorp Ind 25c 16.900.000 First Engg 10c 14.801.000 KLWHkJgslOc 14.579.000 Juror* Tech 10c 13.765,000
      298 words
    • Article, Illustration
      Lock icon Market unshaken by output fall, Wall St weakness
      818 4  -  I-I I comment STOCKS ven sreenivasan THE Singapore market showed resilience yesterday despite an overnight sell-down on Wall Street. The market also appeared to shrug off Singapore's latest industrial output data, which showed an 11 per cent year-on-year decline in February, after
      818 words
    • Article, Illustration
      Lock icon Yen and S$ unloved;A$ and NZ$ are new favourites
      771 4  -  I-i i comment CURRENCIES But preferable to see a healthy correction first larry wee AFTER an exciting fortnight, financial market players are now faced with a potentially explosive combination of thin trading conditions and market-moving data releases. And they have to
      771 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2770 4 UNIT TRUSTS FUNDS Cm Japan 0 8V CitiBond S'pore A/$ 1.202/ Otiflond Spore l/t ***** MNtanMMplVpn) Gt> Money Sing Dollar a«sB *****/ Star Europe Eqty!* 0.801/ Oti Pan-Europe Equity Fund 1.1/ St* Europe M 0.954/ CitiSelect Asa Tilt Balanced 13/ StarEuropcM 0X7*1 GtiSelect Asia THt Growth 1JV Star Asian TigarEqty
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      1286 5 1 Current Y««r Prospects GWOUf COMMMY W 2002 2001 Chang* 2002 2001 Change 6.1 Printadvertising revenue appears to b* bottoming although there are no dew indications of a S 000 S*ooo S'ooo $'000 sustained recovery. Much depends on whether the broader economy will register any growth. Turnover 436,171 529,612 17.6
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  • KT & T controversy
    • Article, Illustration
      Lock icon SIAS satisfied with KepCorp's reasons
      343 6  -  By Serena Ng THE Securities Investors Association of Singapore said last night it is satisfied that Keppel Corporation had no intention of oppressing shareholders of subsidiary Keppel Telecommunications Transportation with regard to the share-and-loan deal involving Victor and Philip Friedman. SIAS met several KepCorp directors
      ARTHUR LEE  -  343 words
    • Article
      Lock icon CGS stake written down to just $5m
      567 6  -  KepCorp takes steps to prevent repeat of'errors' By Serena Ng KEPPEL Telecommunications Transportation's 20 per cent stake in US-based Computer Generated Solutions for which it paid US$BO million is now carried In the books at only $5 million. Its parent, Keppel Corp, yesterday
      567 words
    • Article
      Lock icon Issues for KT&T shareholders to get clarified
      299 6  -  Narayana Narayana Singapore I REFER to your article, "Was a false market created unwittingly for KT&T?" by Lee Han Shih (BT, March 23). Mr Lee's strongly-worded article may not quite cause ripples in Singapore's corporate structure, where concern for minority interests is looked
      299 words
    • Article
      Lock icon Restore faith in GLC managers
      193 6  -  Lu Kee Hong via Internet I REFER to your article "KepCorp admits judgment error in not disclosing loan earlier" by Serena Ng (BT, March 20). I am totally floored by this incredible turn of events in Keppel T&T. I sincerely call upon the government to
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    • Article
      Lock icon Like throwing money down the drain
      103 6  -  Janet Lim Singapore I REFER to your articles "KepCorp admits judgment error in not disclosing loan earlier" by Serena Ng (BT, March 20) and "Was a false market created unwittingly for KT&T?" by Lee Han Shih (BT. March 23). It is shameless of KepCorp's
      103 words
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      37 6 PSiSL > V T *8* eT t *"»-< V"" >»,:•' a ?<-' sf —y-J? -V ASS*' v:..:' TS c jk **£$£■-T: '''••Ttl'Tiffr ..'iSWrMWi iC -f *&&>.:• ■t v ..-T 'ILL** r ,-".V >-• V >. T Infinite possibilities. ff,•[:l'l>l i 1 f j I
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  • FOCUS enterprise
    • Article, Illustration
      Lock icon After the pain, plenty of gain
      1200 8  -  A Malaysian makes good in Singapore, winning recognition even from EDB. But it's only after his having to eat humble pie, write w»cmwb SIMONE ERASMUS HE owns a host of companies and is the president of the Young Entrepreneurs' Organization (YEO) what some have
      CHRIS LOH  -  1,200 words
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      68 8 IN SINGAPORE. From the seeds Wm fct i|1 our needs our Hft into BnaCk -»ss&%. '<C g c,nc developed n tfie heart oi the trap..; g X 4& JaeiJSfc -i H mSi The lis' eop ii nwma F, i mo information c" how yo;. cm from the r<citiru) new ciV
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Feb industrial output falls 11.3%
      401 9  -  on the economy industrial output Byi Chuang Peck Ming INDUSTRIAL output slipped back into negative territory last month, after chalking up its first year-on-year gain in nine months in January. But despite an 11.3 per cent drop from February 2001, the underlying trend kept up
      Source: EDB  -  401 words
    • Article
      Lock icon 7,500 leasehold homes still available
      545 9  -  This despite strong private home sales in the past six months By\ Kalpana Rashiwala aduut 7,500 private homes with 99-year leasehold tenure have not moved despite strong homes sales in the past six months. A question mark hanging over the market is which way will
      545 words
    • Article, Illustration
      Lock icon MND plans new initiatives to boost Republic's edge
      284 9 MINISTER for National Development Mah Bow Tan yesterday reiterated his ministry's plans to strengthen Singapore's competitiveness by optimising land use, having a lighter regulatory touch and upgrading the beleaguered construction industry. He was making these points in an addendum to President S
      FILE PHOTO  -  284 words
    • Article
      Lock icon Investment property sales dive
      282 9 83% fall in Ql, but Q2 could see boost from public sector INVESTMENT property sales plunged 83 per cent year on year in the first quarter, dragged down by the dearth of government land sales. But figures for the AprilJune quarter could be buoyed by the
      282 words
    • Article
      Lock icon Overseas Chinese exhibition centre planned
      100 9 THE Singapore Tourism Board (STB) will call a tender next month for project consultants to advise on an exhibition centre based on the overseas Chinese community. The project, on a 0.8 ha site at Haw Par Villa, is scheduled for completion in 2005 and will
      100 words
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      93 9 NOKIA v ,1 Connecting People H 1 mmm Hi The beauty of minimalism. j Less is more with the sleek new Nokia 8855, the perfect combination of contemporary minimal design and exceptional performance. I At Nokia, we call this h*mn technology." i Sleek Design In Cool Metallic Graphite Colour Economically
      93 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Asean growth triangles make a comeback
      729 10  -  mr.l I bottom line OPINION harish mehta The writer is BT's Bangkok correspondent. He is also BT's Indochina specialist. THE once-fashionable growth triangles are making a comeback in the most unexpected places. Hie latest is an ambitious plan by Hiailand, Cambodia and Laos to
      729 words
    • Article
      Lock icon IN OTHER WORDS
      60 10 I am here as a salesman. I want you to buy Treasury securities to help finance the federal government' Peter Fisher US undersecretary of Treasury, on domestic finance. 'We cannot reduce all the world's problems to the war against terrorism, and to military solutions.' Hubert Yedrine Frenchforeign
      60 words
    • Article
      Lock icon World Bank must get back to basics
      545 10 EDITORIAL According to the World Bank, unless the world's poor— from South Asia to Latin America and Sub-Saharan Africa —gain greater access to transport, electricity, water, and telecommunications, the likelihood of achieving the internationally agreed goal of cutting extreme poverty in half by
      545 words
    • Article, Illustration
      Lock icon Protons on the streets of Pyongyang soon?
      1076 10  -  Unthinkable not too long ago, a joint-venture car manrifcctnring facility in North Korea could be set np in the foreseeable future By Patrick Smith The writer is a former Bloomberg correspondent in Asia and the author of 'Japan: A ReinterpretationThe opinions expressed are
      Bloomberg; AFP  -  1,076 words
    • Article
      Lock icon Business as usual
      424 10  -  COMMENTARY By William Pesek Jr The writer is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg [TOKYO] It takes just two words to enrage the average Japanese person these days: Muneo Suzuki. The former political heavyweight, who two weeks ago resigned in disgrace
      Bloomberg  -  424 words
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      60 10 IHC HONETARY AUTHORITY OF SINGAPORE Results of tender for liable book-entry Government Bond ggjjg 2002 due 15 May 2004 lipj Bpto be issued on 1 April 2002£||p# f Amount Offered Allotted 551,500,000,000 Ipl Amount Applied 552,791,270,000 Interest/Coupon Rate 3.375% p.a. •v Average Yield Price 1.78% p.a. and on Allotment 104.582%
      60 words
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  • BT motoring
    • Article, Illustration
      Lock icon Good year for VW Financial in Asia
      784 11  -  l>ll exclusive Loan contracts top $60m in first year; faster growth ahead All reports by Christopher Tan VOLKSWAGEN Financial Services, Europe's largest automo-tive-based lender, has had a good year in Asia. And all things point to accelerated growth in the coming months. Since
      FILE PHOTO  -  784 words
    • BUMPER to BUMPER
      • Article
        Lock icon Astra has divested 2t rupiah of assets
        117 11 INDONESIAN motor group Astra International, 32 per cent owned by Singapore's Cycle Carriage, has disposed of almost two trillion rupiah (S$384 million) of assets in the past two years, according to chief financial officer John Slack. Astra has to sell three trillion rupiah
        117 words
      • Article
        Lock icon Ruling against ex-Budget franchisee
        96 11 BUDGET Rent A Car has obtained a High Court injunction barring former franchise holder AB Car Rentals from using its name. The injunction bans AB from using Budget's operating system, its trademark or logo in various forms, and even phone and fax numbers previously used when
        96 words
      • Article
        Lock icon Ford admits loss on sale of UK chain
        117 11 FORD Motor has acknowledged for the first time the likelihood of a significant loss on the sale of its UK fast-repair chain Kwik-Fit. The world's second-largest carmaker, which paid US$1.4 billion for Kwik-Fit in 1999, is considering several offers for the business
        117 words
      • Article
        Lock icon TVR in talks to introduce cars to US
        108 11 ENGLISH sports car maker TVR is in talks with US distributors to introduce its products to the world's largest car market An agreement could be in place by the middle of next year, the Financial Times reported. TVR decided to enter the
        108 words
      • Article
        Lock icon Ukrainian auto plant to make Mercs
        113 11 A UKRAINIAN automotive plant infamous for making the former Soviet Union's worst car will soon produce Mercedes-Benz luxury cars from kits The Financial Times quoted DaimlerChrysler's representative in Ukraine, Dieter Reining, as saying the AvtoZAZ plant in Zaporizhya, eastern Ukraine, will embark this month
        113 words
      • Article
        Lock icon Last Vauxhall rolls off the line
        94 11 GENERAL Motors ended production of Vauxhall cars last Thursday at its UK factory at Luton, north of London, where 1,900jobs have become casualties of restructuring in the auto industry and the strength of the British currency. AP reported that after the final car, a
        94 words
      • Article
        Lock icon Naming Fiat launches compact Palio
        114 11  -  -Compiled by Christopher Tan NANJING Fiat, a US$361 million joint venture between Fiat and Nanjing Yuejin Automobile Group, has officially launched its compact Palio car in the Chinese market, the China Daily reported. The company plans to produce 30,000 Palios this year, with the 1.5-litre
        114 words
    • Article
      Lock icon CNG vehicle plan postponed till April
      370 11 Tighter security, unavailability of CNG taxis to blame A PILOT programme to run Singapore's maiden fleet of natural gas vehicles scheduled for as early as last November has been delayed by the tragic events of Sept 11 and is now timed for late-April. Security
      370 words
    • Article, Illustration
      Lock icon Latest Cadillac model may debut at year-end
      315 11 Unveiling may depend partly on status of local rep CADILLAC'S latest model, the 3.2-litre CTS, could make its debut here by the end of the year. According to a senior executive from General Motors (which owns Cadillac), the sporty CTS equipped with a
      315 words
    • Article, Illustration
      Lock icon Merc cab demand on cruise control
      324 11  -  By Adeline Chia HARD times or not, Mercedes-Benz taxis have increased more than four times in number, from 127 to 660, since their introduction in 1997. But the future looks uncertain. Most of the Mercs belong to Tibs Taxi, the smallest cab company here.
      FILE PHOTO  -  324 words
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      14 11 For the latest open martet value rates of passenger care, so to 2 _OWV.asp
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      121 11 13th International Trade Fair for Water Sewage Refuse Recycling j b HHHUA .jhhihh^UHHHl^H ■■■■■■I ?JHP*' W~" 'JM JHHmUMHMnBH| flB Experience the future at the world's largest trade fair for environment and waste disposal Welcome to the future! IFAT 2002, the No. 1 in the world for waste disposal and the
      121 words
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  • FORMULA ONE
    • Article, Illustration
      Lock icon F-1 goes to Brazil next
      886 12  -  Sao Paulo's circuit promises more thrills and spills this weekend, writes adbiam Lowin Munich ADRIAH LOW The writer is a freelance contributor based in Germany This series is sponsored by BMW THE third duel of the 2002 Formula One season takes us to a country
      This series is sponsored by BMW  -  886 words
    • PIT Stop
      • Article
        Lock icon Brazil to elude me again:Irvine
        151 12 EDDIE Irvine expects another pointless outing in Brazil this weekend before a brighter Aiture dawns for his Jaguar Formula One team. "This race has always been tough on me, "the Irishman, at 36 the oldest driver in Formula One, said in a team preview for
        151 words
      • Article
        Lock icon No going back to R2:Jaguar
        69 12 JAGUAR will continue using its new but disappointing R8 Formula One car this season rather than reverting to last year's model "We're going to stick with the R3," team spokesman Nav SkDra said after three days of testing both cars in Barcelona before making a
        69 words
      • Article
        Lock icon Ralf Schumacher fined
        105 12 RALF Schumacher of BMW-William* hit hf*en 10,000euros (8|lft4fi0) for his part in a motorway pile-up near Cologne, Germany, on Nov SO. 3001, according to an Fl website. The German was on his way to visit his tether, Rol£ when the accident happened in wet and slippery conditions.
        105 words
      • Article
        Lock icon Michael Schumacher more upbeat
        79 12 FORMULA On* mnrtA J Schumacher is confident he can give Ferrari's new F»B oar a triumphant debut in Sunday's Brazilian Grand Prix. "I was optimistic before that we could compete for victory. M he said. u Now rm even mora optimistic." Ferrari, which decided not to
        79 words
      • Article
        Lock icon Moscow F1 to be held later in 2004
        100 12  -  -nil m Ifcy Christopher Tan THE proposed Moscow Formula One Grand Prix will not take place until 3004, a year later than planned. Reuters reported FlbooeBernieEcclestone as saying. The race, on a circuit yet to be bulk, had been set for 3003
        100 words
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      122 12 WJ* 1 m*>, it^SMte^-...' gJ i Mfes^ r&L ■■KRi Next stop: the finishing line in Brazil. The BMW WilliamsFl. At BMW Williams Fl, we don't stop even after we've crossed the finish line. After a blistering finish at the Malaysian Grand Prix, where BMW Williams F1 cars took the top
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  • REGIONAL news
    • Article
      Lock icon RM27b of unsold M'sian properties at end-2001
      488 13  -  Continued economic downturn in second half cited for increase From Diana Oon Abdullah m Kuala Lumpur MALAYSIA'S efforts to reduce the number of unsold properties in the country was set back by the continued economic downturn in the second half of last year,
      488 words
    • Article
      Lock icon TRI says shareholders ready to sell
      441 13 Dtekrare exposes farther chairman Tajndin Ramli's shaky hold on the company Reuters [SINGAPORE] Malaysian tycoon Tajudin Ramli's shaky control of telecoms company Technology Resources Industries was exposed further yesterday when the company said its investors would submit to a takeover at the right price.
      Reuters  -  441 words
    • Article
      Lock icon S&P: Jakarta's ratings still hinge on debt talks
      319 14 INDONESIA Downgrade likely if private lenders are made to share debt Reuters RATINGS agency Standard Poor's said yesterday Indonesia's long-term sovereign ratings are still at risk of a downgrade to "selective default" despite recent positive economic and political developments. Indonesia's ratings hinge
      Reuters  -  319 words
    • NOTE Book
      • Article
        Lock icon Recovery has begun: Bank Negara
        49 14 AP [KUALA LUMPUR] Malaysia's central bank governor said yesterday that the economy was in the early stages of recovery, but declined to give any clues to its performance in the first quarter 0f2002. "Recovery has commenced," Bank Negara governor Zeti Akhtar Aziz said. —AP
        AP  -  49 words
      • Article
        Lock icon Time dotCom eyes 3G licence
        74 14 Reuters [KUALA LUMPUR) Malaysia's smallest cellular firm, Time dot Com, said yesterday it would participate in a government tender for a third-generation (3G) mobile licence but was not sure if it would join a consortium or go it alone. "We will either go in as
        Reuters  -  74 words
      • Article
        Lock icon Thai exports down 9.6% in Feb
        71 14 Bloomberg [BANGKOK] Thailand's exports accelerated their decline in February, suggesting an economic rebound in the US hasn't translated into higher demand for the country's cars and computer parts. Exports fell 9.6 per cent from a year earlier to US$4.B billion. Finance Minister Somkid Jatusripitak
        Bloomberg  -  71 words
      • Article
        Lock icon Five funds list on Labuan exchange
        62 14 AFP IWW Malaysia's offshore financial cdWiof Labuan received a boost yesterday with the IwHfct of Ave funds by Anglo-Dutch trust group Insinger de Beaufort on its Internet-based stock exchange. The secondary listing of Insinger's five funds on die Labuan International Financial ExchAge (LFX) brought
        AFP  -  62 words
    • Article, Illustration
      Lock icon Mahathir proposes gold dinar as trade currency
      223 14 KUALA LUMPUR Reuters MALAYSIAN Prime Minister Mahathir Mohamad proposed yesterday the use of a new gold-backed dinar as a currency for international trade, saying it could eliminate the risk of speculation. Dr Mahathir said the idea followed what he called "arbitrary" exchange rates
      Reuters  -  223 words
    • Article
      Lock icon China loan deals keep Bank of East Asia busy
      391 17 CHDTA FORAYS Bank swings fast into action after securing nod for more services Reuters [HONG KONG] Bank of East Asia is already busy cutting deals with Chinese firms on foreign currency loans a week after it obtained approval to provide more
      Reuters  -  391 words
    • Article, Illustration
      Lock icon Fighting over autos in Asia
      792 17  -  l iP comment ASEAN yang razali kassim BMW may be moving out its regional headquarters from Singapore to Malaysia, whose Prime Minister Mahathir Mohamad hopes to corner the South-east Asian car industry. But if Thai Prime Minister Thaksin Shinawatra has his way, Thailand will be
      792 words
    • Article
      Lock icon Applied Materials expects US$500m of China orders
      255 17 SHANGHAI Reuters WITH a wave of new investments going into the Chinese chip sector, Applied Materials Inc, the world's largest maker of semiconductor manufacturing equipment, expects to win orders worth US$5OO million from China this year, a senior executive said yesterday. It hopes
      Reuters  -  255 words
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      31 13 Ifi*T©*n I Llanhe Zaobao I Izaobao I I interview with I ■Inder Bethal I ■Singh Thakral I ■on new plans by I I Thakral I ■Corporation I I I ©tUtraftirS&lo] I
      31 words
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      141 13 *-£f- t v. IJ v s > >- -V: -I r V > i .< ■-;v- i 'f- 1 V ,-^S Man s new best friend "*< V V. -S r >£f "v" W v. ">: v >-• S^SSf V T-' yz. iff '--v ,/r v- StSHIfHiIIHMt 5 i 9
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  • Article, Illustration
    Lock icon FINANCE
    1215 14 Transaction date: Mar 26 MTBRBAM1 CROSS RATES tw ffr Pi W INK tuft Y- Ww Ml m*k*i Hm S$ tort Sir UTS fafct Hm* USS h*rm 0.841 4286 0.603 1928 L171 4.121 25.766 50.810 0.702 7.010 2.008 0.273 31.773 ***** 0.974 6.IT7 0.880 18 5T7 22.908 0J71 0 528
    1,215 words
  • Article
    Lock icon COMMODITIES
    1699 14 SICOM rwTuaES Mar 26 RUB8CI Frturn (Closing poc«) KSSICSc—tVW) Ctost VotaM OpM Mowtt M|!! Sttt (town) Interest Apr 02 ***** 11*02 124.00 Jun 02 ***** JH/Sep 02 126.75 KS 3 (US ccnts/kq) n^ m MB tt W# Law Stt (towts) Merest 1 *00 Mi* 02 67.oo Jun 02 67.50
    1,699 words
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  • Page 15 Advertisements
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      33 15 II ijlg >^^H ipill J tt| wjlPj „'^h 111 truly Integrated office, [latest inner-city development specially designed to support needs. a an outlets for to a Please call 6222 1333 or to new
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      189 16 KB x il* 7^ Best in Digital Photography n (Newspapers news picture) Gold The New Paper Best in Print BB han HNjKjHnK^RSpS^ 200,000 copies in circulation) Gold iiti, nt nam JRyj-toiteTinMs BH^^Hwhip terrorism. Hush Best in Design (Newspapers) Silver aSfIH The Straits Times prPARTSi^i^ W*£ H Best in Graphics xjgf
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      206 17 (OFFICE/WAREHOUSING/DISTRIBUTION/ PRODUCTION/SHOWROOM) 1M: 6344 2002 or mil our salss offics. 53 Übi Avenue 1 #01-11 1 INDUSTRIAL PARK I INI I II |l We ve screened the fund universe to give you the best. The DBS Winners Series brings together a collection of consistently top-performing funds. All from leading names
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  • ENRON saga
    • Article, Illustration
      Lock icon YTL buys Enron asset for US$1.7b
      693 18 KUALA LUMPUR UK water utility is US energy trader's most valuable European asset Bloomberg Reuters YTL CORP, Malaysia's biggest construction company, said it will buy Wessex Water from Enron Corp for US$l.77 billion in cash and assumed debt as the bankrupt energy trader sheds
      Bloomberg; Reuters; FILE PHOTO  -  693 words
    • Article
      Lock icon Playboy plans to give its take on Enronits
      173 18 HOUSTON Reuters FOR those who said that all the Enron scandal lacked was sex, the wait is almoet over. Playboy, the men's magazine famous tor its centrefolds of node women, anMon<lnvMtHtot« p l««ta* g .|Ow*o T lTr)t 1ff tl rt ml the
      Reuters  -  173 words
    • Article
      Lock icon Andersen loses Calpine, Centex, as clients
      458 18 CHICAGO It has lost over 60 US clients, 23 in the SAP 500 Index Bloomberg NYT Reuters ANDERSEN was fired as auditor by two more companies in the Standard Poor's 500 Index as the No 5 accounting firm fights criminal charges and lawsuits related
      Bloomberg; NYT; Reuters  -  458 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      128 18 I WmSm? tills ''■> W& *f? w&? ISI 9 ft* iISH r>jH|^| Er*si Kx&ru--wp W >■• back to recognise your a How can I apply? ~^|^H ingapore H.E.A.L.T.H. (Helping To obtain an application form, contact ss at: J Achieve Life-Time Health) Award it an Workplace Health Promotion Programme fd to
      128 words
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      9 18 *•>\ <, Kyocera. A Glilal Kame I^2^ Success. :£KyOrER^ 1 9*
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  • WORLD news
    • Article
      Lock icon AOL Time Warner to write off record US$54b in Q1
      343 19 IwHMNkaqpfcrfUl taartfettwlMrißM Hifcl—y—hlfwr I— r Ka Bloomberg LAT-WP {NEW YORK} AOL Time Warner will a record writedown of M ttfßktt in the first quarter to account for a decline in market value since the biggest media and firm wh fonrawl
      Bloomberg; LAT-WP  -  343 words
    • Article
      Lock icon ABN Amro to shut US equities business
      211 19 AMSTERDAM Reuters ABN Amro said on Monday that it will close its lossmaking US equities and corporate finance business after the Netherlands' biggest bank failed to compete successfully with larger Wall Street rivals. Europe's largest banks, including Germany's Deutsche Bank AG and Switzer-
      Reuters  -  211 words
    • Article
      Lock icon US moves to find offshore bank credit card holders
      361 19 WASHINGTON Action is aimed at nabbing potential tax cheats with tax-haven accounts Reuters IN a move aimed at ensnaring potential tax cheats, the US government on Monday moved to identify holders of credit cards issued by offshore banks. "The guarantee of
      Reuters  -  361 words
    • Article
      Lock icon Argentina's troubles deepen as peso drops
      247 21 BUENOS AIRES LAT-WP ARGENTINA'S economic crisis took a new, potentially calamitous turn on Monday as the value of the national currency plummeted despite desperate measures by the government over the weekend to prevent its slide. The rapid devaluation comes as President Eduardo Duhalde faces
      LAT-WP  -  247 words
    • WORLD Watch
      • Article
        Lock icon EU to form own Net domain
        85 21 Reuters [oKUooELS] The European Union gave the thumbs up on Monday to forming a new .eu Internet address, aimed at giving a pan-European brand to e-mails and web sites. The creation will help relieve pressure for more Web address space as the Internet continues
        Reuters  -  85 words
      • Article
        Lock icon Napster to stay closed: appeals court
        80 21 Bloomberg irAjAu&nA, oaiuorniaj Napster inc, the internet service once used by millions to swap music, must remain closed until it can block all trades of songs owned by major record labels, a federal appeals court ruled. The 9th US Circuit Court of Appeals ruling
        Bloomberg  -  80 words
      • Article
        Lock icon US recovery underway: Fed official
        65 21 AFX [WASHINGTON] Recent data show that the US economic recovery is underway and gaining strength, said New York Fed President William McDonough. He cited a rise in orders and shipments for durable goods across several sectors of the economy. Although capital spending remains weak, "the
        AFX  -  65 words
      • Article
        Lock icon WorldCom may axe staff this week
        58 21 Bloomberg [CLINTON, Mississippi] World Com Inc may cut jobs as early as this week to save money as demand falls for its phone and data services, investors said. World Com, which had about 75,000 workers at the end of last year, in October announced
        Bloomberg  -  58 words
    • Article
      Lock icon Jobs outlook pushes up US consumer confidence
      420 21 LATEST US INDICATORS Conference Board's March sentiment gauge rose to IMU from Fob's 96 Bloomberg [WASHINGTON] US consumer confidence surged in March, as optimism grew about the job market in a recovering economy. The Conference Board's gauge of sentiment rose to 110.2 for
      Bloomberg  -  420 words
    • Article
      Lock icon US non-transportation orders fall
      309 21 WASHINGTON Surprise Febnuuy drop a sign •f slow recovery Bloomberg US new orders for durable goods excluding aircraft and other transportation equipment unexpectedly dropped in February, a sign the recovery in manufacturing will be slow to take root. The 1.3 per cent decrease to U*****.1 billion
      Bloomberg  -  309 words
    • Article
      Lock icon 'Yes' to stock options as expense
      253 21 Dow Jones Newswires (WASHINGTON] Institutional investors reversed their prior stance on stock options, agreeing on Monday that companies should treat the options as an expense and report it on income statements. Companies "should include these costs as an expense on their reported income statements
      Dow Jones Newswires  -  253 words
    • Article
      Lock icon Bush trade agenda hits roadblock
      640 22  -  Stalling of fast track authority in Senate sets back S American policy From Leon Hadar m Washington US President George W Bush is concluding a Latin American tour during which he reiterated his commitments to expand trade ties with US partners in the Western Hemisphere,
      640 words
  • Page 19 Advertisements
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      265 19 -*s£ j-vAat 3g«- Hi fr -4 p J HI t i d^ii 1 >b iH^H ®Born for the privileged few who wield incalculable However, the test of true power is when it can power with the single stroke of a pen, the Lexus he pleasurahly experienced, without being ES3OO hoasts
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      Lock icon Page 19 Advertisements Column 2
      29 19 |§fe THE f CV* PLACE TO ast an PARTY '-f Mondays Satutdciv 1 Old Thong CHqi Mt dicol Hali 50 Eu Tofiq S( n S»f< ct Teh 6532 6006
      29 words
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  • Article
    Lock icon STOCKS ASIA
    3236 20 Transaction date: Mar 26 tor more, go to timnvjasiaonertrnarketsjoorn tlUWUKONU ICG Asia— OS <41 9766 W liiUiUMHiHMji -002 11C2S W> mi Intarform Crania 0.02 undl ***** Aa**Ada Multimedia 0.40 mh 0 J* ]Z1 Afch»Gmm ..0.03 undl 1400 T« "E 7-jK -425 2701 JungKi ExpresH 145 402 3866 "l«
    3,236 words
  • Page 20 Advertisements
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      2136 20 I'H I I CATHAY CATHAY ORGANISATION HOLM HQS LTD (Incorporated in the Republic o» Stngapofß) NOTICE OF ANNUAL GENERAL MEETING NOTICE \S HEREBY GIVEN THAT the Tenth Annual General Meeting of Cathay Organisation Holdings Ltd (ttie "Company") will be held at the Boardroom, 11 Unity Street #02-01 Robertson Walk, Singapore
      2,136 words
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      Lock icon Page 20 Advertisements Column 2
      416 20 IN THE MATTER Of THE COMPANIES ACT. CAP 50 TWO-UNfTEO REALTY PTE LTD (In Members' Vohmtory liquidation) Al on Exfcouufciuiy General Melting ol the members ol TRIO-UNITED REALTY WTI LTD duly convened ond held at S2 Hftviow T rr?--. !8^1! 111 XW7lon»e2sdoy Men* 2002, the feßowing tasolukont wore ddy passed
      416 words
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  • Article
    Lock icon KLSE
    2000 21 Transaction date: Mar 26 KUALA LUMPUR 3.54 undi 1 Wat JX**-- 2n Jn&l <0 t rmm o.37 -0.02 5* 1 115 KKh 0 AAM Realty 109 undi 433 GawiuA .5.65 i*xh 1245 Atone 1.89 0.01 48 GanadCorp 1.01 0.01 1 AglnAy J. 18 undi 113 -...1J0 0.02 1 .0.54
    2,000 words
  • Article
    Lock icon SGX
    554 21 Transaction date: Mar 26 1 *-m aw omm» °S£S«* f a ss sr js a? ass* a "So«» srr"'" g g aJ»«> a j$» ss ar„ a as* o* 2*0 5So r—.**& fig" «4U» ts as ?s? ?s S S iS «S 2™ S3& s sf 22 s«- Jfc
    554 words
  • Article
    Lock icon BONDS & WARRANTS
    543 21 BONDS WARRANTS hm T r»MIMI>« Ma %«nrh» uo ASTHMM0621 Bi 05 254 1 It 2 145 27 *on.UdW0411tS j 2 SO 430 B 2 A«*w0$0610 2 5 1374 1 J3 2 141 Amstrong VMM0520 S3 1 10 24 127 >6 *«rfoodlPWraj712 05 1 W 2271 14.00 4 Bar 6NSA09O9O1 10k
    543 words
  • Page 21 Advertisements
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      41 21 SIMPLY *> BREATHTAKING asi a n RESTAURANT•BAR nu tl rL j Mondays Saturdays Old Thong Cna> Mcdica l Hal! 50 Eii Tong Sen Street fnlrancc at Ntw Morket Rood Teh 6532 6006 WITH POLYCoivT^^^^^^B Wine Set equipment^^M JW proudly dMr&jtad wj^ INCTCAM
      41 words
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  • Article
    Lock icon SGX MAINBOARD
    2072 22 Transaction date: Mar 26 for live prices, log on to umrwxisiaonemarketsjcom •y- "w a a an g-a-a 9 6 AWHAmraMLG Me i 3 2 2 3 r s 55 S 55 2i »i 1 ii'J2SS-&h55r=ziS !«1 5f IS g 05 «,5J 5* S a S J J '1
    2,072 words
  • Article
    Lock icon SGX XTRANET
    49 22 JMtotaa cS J5L Ml* Mr CrVM MM KM Mn 11 ——=—C5S—B* u» taMT I* CW m »3 -a 11*0 ®101 Oumondi US 103)0 M90 *30 s SDJUSTadi US4S00 -100 a mm mm 575 440 i BMSQ Sport Ss75 < 0 JiSiE'S!!?" usiimo 1*150 *S0 I SKMS USKMO ..I
    49 words
  • Article
    Lock icon SGX SESDAQ
    694 22 y*- a •> a ■r-sra.-t a"; g-a-as «1 12 c Aycwt** «71 22 2? J? '»'->« *1 11 «L5 27.5 c AS Auto W* at 21 22 5 "-5 1.1 9J 113 23 s a c S^jocZZZZiS 5 I 5 *3 *2 2 2i 2 !2 K 1J
    694 words
  • Article
    Lock icon CLOB INTERNATIONAL
    101 22 a J-"'u.■s's. jt; a aSff£St~:m o»ia«l,<L ,»> J 2 2 e Oty* SohAurw u HK. SS «*S 2 73 13 S43 GM*nOUL 753 *5 »0 GaMngMUS 213 «05 1014 213 21 21 213 S3J 3RJ 2. -ms 117 27 23 73 11 2MQ7 HpanHKSS MMt I M 5711,
    101 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      161 22 CRYPTIC CROSBW M>im t>ng into gear (7) 28 haMM) 8 See Cockney macho typos yestfqoavc ctm imnu DOWN by appointment? Correct! (8) 1 Sb? 6r opbaCktorin ,he 13 Cad®t,9Cockahoop, 11 Team! wy-*vBrea seaman (6,4) 12 Spout 13 Shod 16 Pertec--2 Hearing about bishop of 15 Permitting the existence of tionist,
      161 words
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  • PERSONAL investment
    • Article
      Lock icon What's new in guaranteed funds
      1058 23  -  The latest products from UOBAM and DBSAM feature a fresh spin but be aware of some catches, gemevievecua finds out GENEVIEVE CUA YOU may have thought the appetite for guaranteed funds would wane this year. Economies are on the mend; investor sentiment is improving. Think
      1,058 words
    • Article
      Lock icon Strong selling pulls down sentiment index
      866 23  -  Investors seen lying low this week doe to recent large disposals by major shareholders By Robert Halili The writer is managing director of Asia Insider. He is assisted by Ngia Soon Chai THE Singapore sentiment index ended lower to -38.8 points for the week
      866 words
  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      582 23 Where to wine, dine and entertain... 7 HESHH ({fKiw I Performance nightly from pm on*oras except Sunoay WV Special fash,on Show tor your I treat every Tuesday night Pi ■ImiiliExrrlMor for reservations cal (65) *****36. 5 Coleman Street Singapore 1 ***** Peninsula Tower O Ma*i LoWjy 218 Queen Street, Singapore
      582 words
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      Lock icon Page 23 Advertisements Column 2
      42 23 rntm AWARD-WINNING IMPERIAL COURT DINING At Pine Court Chinese Restaurant Ml/A, Reservations: 831 6262/66 CHINESE ■SWMNT rjj_^ Mandarin Ji ingaporr J j JBHI x MElim 333 Orchard Road, Singapore *****7 Tel: 737 4411 Fax: 737 7334 Anyway...anyhow... Any dish you order... 78so
      42 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Re-thinking the CPF tag
      696 24  -  -J < comment YOUR MONEY genevieve cua DOES this sound familiar? You're at a bank, filling out some forms and one of the sales staff— let's not call them an "adviser" for now asks if you're interested in the latest guaranteed fund. "Sure," you say. And
      696 words
    • Article, Illustration
      Lock icon Prepare for some letdowns
      892 24  -  An AXA guaranteed fond may mirror the poor performance of UOBAITs product Byi Genevieve Cua The funds sought safety in bonds as the "integrity" of the guarantee had to be maintained at all times. But once a fund's equity weighting is shaved to less than one
      Source: S&P Fund Services  -  892 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      149 24 symbolic of growing fortune. IbBST Grow Wealth With as little as $1,000 you can invest in a wide range of unit trusts with Maybank. Enjoy a promotional discount of 2%* L, or an additional interest of 2% on our Time Deposits. Invest a minimum of $10,000 and receive a mystery
      149 words
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      Lock icon Page 24 Advertisements Column 2
      7 24 What*® new in guaranteed funds, Pg 23
      7 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      281 25 Reuters THE Baltic Dry Index (BDI) rose one point to 1,066, the Baltic Panamax Index (BPI) fell 11 points to 1,054, the Baltic Handymax Index (BHI) firmed 32 points to 7,389 and the Baltic Capesize Index (BCI) was up nine points to 1,381. TDfE-CHARTERi ♦Diamond Warrior (built 1964)
      Reuters  -  281 words
    • Article
      Lock icon MARITIME STOCKS
      270 25 MI HO "•J* y* CWT Distribution 0.7S OOI 75 Chuan Hup 0.43 -0.01 3524 Cosco Investment—0.24 unch 294 Frtignt Links 0.06 -0.01 440 68 Holdings 0.60 unch 0 IMC Holdlngs-HK —5.60 uncti 0 J«y« Holdings 0.22 unch 435 K*pp*ICorp 4.10 -0.04 1505 Kapp*l Marin* 0.19 -0.01 138 T«M
      270 words
    • Article, Illustration
      Lock icon Russian ports get set to handle higher box volumes
      554 25  -  Plans to build new port terminal on Caspian Sea to capture EnropeAsia cargo flow By Donald Urquhart [SINGAPORE] Russian ports are gearing up to handle growing volumes of import and export cargo in containerised form, as well as eyeing a share
      554 words
    • Article
      Lock icon Five lines in Asia-Australia trade to swap slots
      117 25 Five lines in AsiaAustralia trade to swap slots [SINGAPORE] Five lines operating services in the East/South Asia-Australia trade have announced a slot swap. Cosco Container Lines, Kawasaki Risen Kaisha, Mitsui OSK Lines. Nippon Yusen Kabushiki Kaisha, and P&O Swire Containers will from June slot swap between Coscon's China/SE Australia Service
      117 words
    • Article, Illustration
      Lock icon Tankers in Fujairah collision separated
      123 25 [SINGAPORE] After several hours of work, tugs managed to prise apart these two tankers after they collided in Fujairah anchorage in the Gulf of Oman on Sunday evening. Now the owners of the vessels are locked in a battle of blame as they assess the
      123 words
    • Article
      Lock icon Troubled ferry builder Incat will rebound quickly: chairman
      319 25  -  Receivership only a temporary setback, he says FYoml Evelyn Duffy in rertn CASH-STRAPPED Australian fast ferry maker Incat, will make a "quick recovery" from its present "temporary setback", according to chairman and founder Robert Clifford. With a receiver appointed to the shipbuilder,
      319 words
    • Article
      Lock icon Kuehne & Nagel's profit up 28%
      139 25 Kuehne Nagel's profit up 28% Bloomberg [SCHINDELLEGI, Switzerland] Kuehne Nagel International AG's 2001 earnings rose 28 per cent as the biggest sea-freight company focused on contract logistics, where profitability is higher. Net income rose to 160 million Swiss francs (Ssl76 million) from 126 million francs the previous year, the company
      Bloomberg  -  139 words
    • Article, Illustration
      Lock icon Lashing of deck cargoes can be a matter of life and death
      856 26  -  STRAIT TALE By Seafarer IT is not very often that a technical manual is also a good read. Even rarer is the text book that one puts down thinking: "Everybody must read this." Here is an unlikely candidate
      AP  -  856 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      203 26 PAGE Fuhai AppensMp 5 Gemartrans Avant 10 CLlnk B'tangMas 5 Glory Ha* M BSA 6 BSC 10 Hamburg-Sud BTL 10 «°1 Batefi 4 Heung-A I CMACGM 3 HubLin* K COSCO 3 HUAL K Central Ei 4 Hyundai 4 Cltahaya 10 Imkov 9 China Stipq 5 IrxJogulf 9
      203 words
    • Article
      Lock icon SHIPPING GUIDE
      12864 30 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AdvtrtKir Vmu< um<ma m m YT** Vt W Tafcphon. ETA ETA AdvartMar Vtua« Voyag. TMphon. jr NumOaf NumO*r SIN D«t'n Nam* Nam* Numtwr Number To ANTWERPEN (ANR) 2019 Batqfcim To ABIDJAN (ABJ) 2003 Cot# 0'I voir* MM Mt CMMStpf CMA CGM NORM AND!
      12,864 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        582 35 <ss Voy No Berth Arrival Dtpwtw J rt 26/03/7 J5 26/03/190 E*S2E»mV Kn 26/03/800 *4/03/23* ?J52£"?» J206A 24/03/7:50 24/03/22*1 JM 24/03/8:10 26/03/1701 WINSTAR 8 27S02 J03 24/03/7:15 26/03/22:0 Su2IUlI?Ki 8 K2! 103 24/03/4:40 26/03/16.0( £SH? 107 24/03/1000 24/03/23:5 SUWOWKEKI J***** J02 24/03/10:15 24/03/235 *0306 J04 24/03/Kh05 26/03/235 WIOUGUNG
        582 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1812 35 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CAMP BooMnq/Bolanc* Rstls SWp Voy No Etb/Btr Period Frow To frow ACINACNOUA 04M 27/fc00 25/1500 25*499 25/1900 a 25/1700 24/0499 jvowo n ?VTT00 24/0499 24/0900 24/0700 Mgg 24*400 ACJ SWAN 485*2 24/tOO 25:1500 25/1659 25/1100 2* 25/1700 24/0459 24/0900 21 25/7700
        1,812 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        199 35 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: Easter
        199 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        789 35 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 the
        789 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        428 35 >1 *>W" 0.4 B.3 0.07 43 01)3 a 0«TOitT Wtor gMjfct AiMImW SiMhi* No*omE2S 2 0 1 0 0 0 380 AM *7.1 0.2 14.0 0.06 26 0.02 J"- 380 Ma 9912 0.4 17.3 0.08 SO 0.03 WWM %,/t 1^1 No Pom 635 1 0 0
        428 words
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        220 36 Bloomberg [MANILA] Philippine Airlines said a recovery in demand since December means the country's largest carrier will post a smaller loss than earlier expected in the year ending this month, raising the prospects for a profit next year. Philippine Airlines' loss for the fiscal
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        378 36 Delivery will take place from next year through July 2004 Bloomberg [ZURICH] Airbus SAS won an order for 14 wide-body planes from Swiss Air Lines, as Crossair AG is to be renamed next month, the Swiss carrier said. It did not say how much
        Bloomberg; REUTERS  -  378 words
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        189 36 Bloomberg [SEOUL] Korean Air and Asiana Airlines Co, South Korea's two carriers, will be allowed to arm their cabin crews with stun guns starting next month to strengthen airline security ahead of soccer's World Cup tournament in June and the Asian
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        602 36 Carry-back period allowed for losses increased from two to five years Reuters [CHICAGO] Money-losing US airlines including the two largest, UAL Corp and AMR Corp, on Monday said they were each getting several hundred million dollars in tax refunds
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        343 36 Leo Mnllin took voluntary pay cat; given USsl.s7m in common stock AP [ATLANTA] Delta Air Lines chief executive Leo Mullin's total cash compensation fell 72 per cent in 2001, to U*****,250 from U552,145 million in fiscal 2000, as he took a voluntary
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        262 36 Bloomberg [LOUISVILLE, Kentucky] United Parcel Service Inc's (UPS) Teamster-repre-sented aircraft mechanics rejected a tentative contract that would have provided a 14.1 per cent pay raise on signing and a 28 per cent increase over four years. The proposal reached in December was rejected by a
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1794 36 njBir ro man tip sozoor 1700 $***** 2359 J*» M S0909 1745 WHO 000 "son SS Z M323 S0324 2345 WWTW ™I„ S0/VWT75 *35 **740 M» Aataaaaaria* mo m ™7 845 IS40LJM5 *242* 2020 *242« 2045 o™ 5 o££ S —«»«__i s s S5 S-g -MCMM*a*MMI
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      598 26 I TO I EXPORT I I OTHER DMSrMATKMG 1 rasa jvoT|wc pr*»i| lowckach Imuaslhoustom i mwws I okago I wnw tqm i I to austwalja /AiwrmAi n 1 00Q TOW 7I(1J 7tT3 77 03 IMM 14/04 if* MOT" I I^l OOajtfM 5K14 81/04 03/04 14/04 7J/04 74/ M H/W H/04
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      83 26 WORLDGATE EXPRESS LINES PTE LTD 1 «>, CacM Street, #16-03K>4, Bangkok Bank BuMns, S*por» *****6 Te<: *****911 Fax: *****073/*****863 Email: wgste©mbox2.singnet.com.ag WEBSITE: http://www. wortdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING POPTg "Maw M I IWFIBt 1 s }UZM— BK g7irr~ chctucowg/PHMA 27/03 {Bm Bj JMfflfifllM 03; W CMCUTtt
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      554 26 Unes 4 services represented by j® of the Registry of Members of the \gkio& Accredited Shipping Agents, Singapore Logistics X -Ql> Stnggpore Shipping Asiocialion Association guriM-m. wsa VOT |EU rs f£ ftPAMC SPORE lUU Empress Lily 0202 02/04 03/04 11 /04 Princess lily 0402 19/04 20/04 28/04 Empress Lily Q3Q2
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      1036 27 TO EUROPE FROM EUROPE vesa Ivor aw ro wim by ion ta llvbsb. w rai mmm m sou in «T1 >*»** WW M/M M/M 17/04 U/M IS/M 1041 10/MN/M M/M M/M M/M mniMMu oom »/n m/m m/m u/m m/m ntunmuhrt joti 10/03 12/03 m/uoi/bijo/u MTUMinOM 334W 01/ M M/M M/M
      1,036 words
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      1367 27 A l§ BOSTON T/T sIS MTt jgs AftSO CAIIJM CM, WIWC IcoctaTsiTippinc m ltd ""aSsS#! yW9f,Kii KSHT £2gJ2. I(1 NO; *****W000M1 TE; *77* IMC (MAM) MMAKOiD/O) MMS7M *****310/40 KMWG SSI/JoT 22^ ia mi* mm mam 12*4 nk mm iwj 22/B SSI aMs22«lf TO! 3IAU MAM l*/W M/lu 11/04 11*411*4- MNE/2SB
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      428 27 «sa wraitHcaMffinaiwsMc £gi wr an sk jkt sw ■ocmw MM nn 2/4_ 7/4 </4 V 4 KSP s^--^--= ■M64WM MM 2V3 V* 11/4 V4_ ]V4_ =M= =j 5Z WS 21/3 V* 7/4 V 4 IQ/4 IV* IOSMMI IWI_ _J_ _V4_ yst^^^^^srTanKCTiMlfssut^>Bn MCWM IMS 1/4 m/ 4 IV4 14/4 W4 *"*****
      428 words
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      1046 28 HYUNDAI MERCHANT MARINE CO., LTD. vcsa SM SOU la «TM ANT HAM MV HT DISCOVERT JO7W 25/03 16/04 10/04 11/04 13/04 I API MOT 106W M/ 03 14/04 19/04 16/04 17/04 MOl PERFORMANCE OOIW 29/03 19/04 20/04 14/04 16/04 HT FEDERAL 336W 01/04 23/04 17/04 11/04 20/04 RUMS 106W 04/04
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      599 28 W WIN KM LIMES INTRODUCING: NEW WEEKLY EXPRESS SERVICE W^*^^EEnw Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. Wl M Mi IMP MP Asuamss isa sub- is/iS 5755 575" |S» um S/S St IJ/JJ >«/•« 20/04 21/04 27/ M 25/04 01/05 02/05 TNOtMBKMAir 1/02 SAID MPOCT 04/04 N/04
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      586 28 WEEKLY EXPRESS SAILING SCHEDULE AISO ACCEPTIIG TO AU. NORTHERN AM) WESTERN ICO POMTS PCI TO COCHIN. TUTOOMN irta COLOMBO A KAMOLA M NHEWk SHEVA «m VOT rai HUM ntini n—— am mo wen o?8 TYsm rt/SMi mm kmc "a«KP usaswnnm w ■uzuMEff ww i/ims/tin t/ittn rnnwi umwmkT ■wawiniw m wnso
      586 words
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      1281 29 |V«SB- VOY KMH HKQ 1 SIN PKL 1 PXi I »AI 1 DM* UK paas2 25/03 27/03 30/03 3T/ 5 ***** ***** —***** —TaTor MVUNDAVU PCL-253 01/04 03/04 06/04 07/04 14/04 IS/04 17/04 19/04 MAN KHMAN PCL-254 08/04 10/04 13/04 14/04 21/04 22/04 24/04 26/04 ■AN ISFAHAN PCL-255 IS/04 17/04
      1,281 words
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      448 29 UK CONTINENT SERVICE Loading far OCEAN ISLAND RDM/ATW/BMNAJK/LPL D4MITRA RDM/ATW/BMNAJK'NAN Lota Stngapora. MatayNa. Inrton—a MIDDLE-EAST SERVICE Loadng for LION GLORY JOM/AQA PAN QUEEN DBi/ABU/TXX/BRN/DMM/KWT HANDY ESF>ERAF4CE DBI/ABU/DOH/BRN/DMM/KWT RAINIER JDH/AQA/DMT ANAIS LAND JDH/AQA/DMT •Lota aUgapow, EJW MaOayPa. Inrtonaaw USA SERVKE Loadngtor HELENA PRIDE CAAIWFK^AV/NOL LOK PRAKASH VCW/LAX/MZL HABIBE ANA CAM^4FIVSAV/NOL •Loaca
      448 words
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      699 29 Ifffi— Jfia m W SHE 2/m M 2141 n/ V 11 iS^mSm.~7 li !tgi &r- 81, —gfe- g£» KBK -^t---S^-^ Sg Mi Hj%H i-sssu Ite I fctPijgr-— -SsnS a- s*ara "SB ''/M IS/M M- MftfiS 'om n/S* i,/M ~5%~ S(/S 17/oi I }j{B M /tt g%H For SOC/COC Cargo Booking!,
      699 words
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      302 30 Kfcw/iwtTHßiiofiPognwmaTsawg ffiSE VOY SIN KL SOU MAM Tim iru CMACGMNQRMAHPIE JM MZM_ 22/04 ?VO4 g& T/M YILU P AWAKB 17SW 10/04 11/04 29/04 01/05 Q2/0S 06/05 04/05 linns rea i/hw ii7m itTfi qt7os w7os m u76s ***** cargo to al UK inland destinations. HQ; UST/WISTMBIIHBUIiJUI fotn-WBKgSBWa 1 ffisa VOY SM
      302 words
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      203 30 CWT GLOBEUNK PTE LTD W OWN Officii IN: TEL:*****833 (36 LIMES) FAX *****742 M SYDNIY-HILIOUKNe riNANG rOKT KILANG rAS,* GUDANG-KUCHING-tANGKOKKAtACHHOHtAY-N[W OiLHKOtOmO-HO CHI HINH 1 SHANGHAI XIAHCN fUZHOU DALIAN-XIAN tCJING-SHI JIA/HUANG TIANJIN QINGDAO DIRECT SAILING TO EASTISOUTH AFRICA MOMBASA DURBAN (I JOHANNESBURG Jf 1 CAPETOWN //X PORT ELIZABETH H I Also
      203 words
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      53 30 STANDARD SHIPPING AGENCIES PTIIJD HOTLINE: *****189 HOTFAX: *****116 NORIN VOTUUI HAFMOWSWrrUSQVKZ *—l li-fl—! a—. 1 1V,*,,,— limnffliw git H% o** 07 SOUTH WTNAM SAIGON SHUTTIf SERVICE g1 w Ufcn >—KM ttia SMGAFORE JMUUtTA SttVKE WfflUT SERVICE (EVHtY SATURDAY m -ir ihi —i" Mimi,n| mm,^^ ■n mm BRrnscm —imu» mm mm
      53 words
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      227 30 MYANMA FIVE STAR UNE X "rrr vKsa VOT SM m pa rev aowu 4M a* ON SMWI HAW 54W SU> ■AUTSU AGBfTV OOUSTIAO SHTPM6 AGBKKS «UL TR 03-J*****00 PIL TH 03-*****101 fßt IE 04-*****42 hat TH 07-*****21/4 BANK LINE U mhHct «f kakm WMr SUpyMi) VT NORTHBOUND TO EURQpj COmWNBt.
      227 words
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      88 33 T <tC*« RIPfRUSAHAANPHAYARAN KALIMANTAN 1 DIRECT WEEKLY SERVICE TO 1 JAKARTA/PAIiMBAMG/DUMAI 1 I lwi I I a j»t Iruiw tawuT' i /n w7* STiT i B7S^-H7W—-07&—"T57P 1 i WmiMKLi K/n -W7W—H7B TW I SURABAYA/PANJANG S Vtv JM su» F5 I awuft* u/tt i<7i3 147P ***** WRAWAItC/MKAM Mg }hmt I fa
      88 words
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      96 33 FULL CONTAINER SERVICE SIN PASIR QUOANQ SIN DAILY SAILINGS IVESSa I VOY ETA PG MY WY ETA Sttl o*7l SHk M+llgl Jfc gj£ Hg Hh Ipwocwess 2a«es I 28/03^21 thu lacx I 29/03/021 fw MlgglSTflft 14MS 29/03/02 FW 1468N 30/03/02 SAT 5522SS—,SSS$_ J&2&S2. _EBL_ 2SSSL JaSMB. |Gomo< stow i«w [30/03/02
      96 words
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      71 33 mu» mumu /coio—c/io—*t/«tttm<hm ■VIM TltTATffff gg uSSm "AST ijn ■voutna sMGAratt coumno njmbm ijn ■VMUT SMMPOtf MNNAIUUOI lun SMMPOtf OVTMON6, CAICUTTA itn (VB MPUQBBfQ PHOENIX SHIPPING iftdito MONTHLY BREAKBULK SERVICE TO SOUTHERN AFRICA ANO INDIAN OCEAN ISLANOS VESSEL NAME VOY SPORE DURBAN PMOCNXI I 04/001 law 30/04 Accepting cargo tor
      71 words
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      94 33 VESSa VOY EIA9N OCSRNAIION H? 5 WK6UU/FHWM fWH i# is vi oantMM^tOHCu i* im iv ii *nt raniuM/witoN •AiiO ACCf n CABGO FOB OTKH PC»TS ON XXCEfrtNT Man* UN KMC NO SMPPMC t TIMING CO HI IT» HI: M417M1 (3 INKS) HI: tS4MiriU H/b. fMIUU UMt ADOMSS: ffcfcjrtl I!!>>«»gj et*
      94 words
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      93 33 ESP LINES WPM WEHIY LQ SfltVKI TO LAGOS VBSfi SAUNG EVBT THURSDAY Mgg tVBT WB AT gffn MjMWL cowvomomi/wiAiauu sang EUSM UMOKFOt WW 15/04/300? DUUI OAMMAM MM IMBW HOi HKT BUM HOKICTKMC WUfli GaOUlHft £72? lEH 477U441 MX: *****117 PTH6 IE: U)S4U FAX: JJJ77OI _______JJJ__ i M j^ i^7»sJ73_^fAJLJ7«7»«4__ BEGULAR
      93 words
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      579 34 mwR lM t fMai;ii»iiiiii.l Isssff a ss« sas itasl I TDKMMSB) H4N 09-01/04 14-IMM 73-73/04 I IMB OMR HTM 12-13/04 I* 71/04 24-27/04 I |ri6afsuw_-»w ?»VTH £30/04 I I~*BSn VOT^SW OTBSSWK 53 iJTsTw H?S/'O4 I OKITION ***** 07-01/04 1 J-15/04 24-25/04 I i? ,J ,VW 30-01/05 I _HgQjg___oj*__j4 ivo4 20-22/04
      579 words
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      535 34 VfSSQ NAM VOT SJHGAfOt( PORT ITIWG OffTTAGOMC m ni ra no in no XT !!MUi 30/03 31/13 01/04 45/04 09/14 <KW6wrTT 00W039 mm oi/Q4 03/04 04/04 —mm HyS 55"" D* «/04 04/04 00/04 12/04 "UTS ism OC NOOOOUR 07*037 OH 04/04 Km OVO4 H?M iITS 12/04 15/04 JZ FRMIOHT LINKS
      535 words
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      51 34 0m CONFER (S.E.A.) £3 SHIPPING PTE LTD TEL: *****668 FAX: *****245 DHWCT CONVENTIONAL SERVICE TO CHITTAQONO VESSEL StN CTG SAPWWC 25-2> MARCH 01-05 APWH TutoWv Oo<*wi FvGM HtoCNIMi H6«*>ong Mvtfa Banpiah Bum waa. iiwtiii Tw Auartte kMxwna Eurept natim, ttwtwi Hwewg Anbwp RoM^n fMWWM Mwl JMM QnTuo Limn Oano BKMm
      51 words
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      823 34 I I Inrn I lU| 1 I MCC <■ Mk **********0 C VfcMta- L ~i 1 I I /M MM 111/ fa klllCw IH.-n-M3M3SI MI:M422|-5273 I LL W<B |MW*W»fcTOWJOOSI>WM6rWOB lE:mn.-SSH M:iMI,Mm I aswg ***** 20/03 cuoo my 31/03 asms m? 27/03 umm m 7 27/03 camStmt/m mm am oi/m «a
      823 words
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  • Page 35 Miscellaneous
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      119 35 R Thunderstorm Showers Rain T^"^ a,ure C Cj Win<l direction and speed in knots Cloudy Day Weather W Cs<3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I I Slight, < 1 2m -One half fleche represents 5 knots Moderate,
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