The Business Times, 5 April 2002

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Total Pages: 36
1 36 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) *****/2002 85c SINGAPORE llnternet: http://'business-times.asial com.sg/ FRIDAY. APRIL 5. 2002
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  • 71 1 □m 1.778J8 (4.81) nmß ilna^fiio) nsrooaruTDiEß Im (-21.00) P ansa wnjms Mnm(-i.iO) mmwaaaawum Thursday Chature KLSECOMP ***** 4.06 NIKKEI 225 __ltf7#J» -2IJ1 HANG SENG _M*IIJ7 t» SET INDEX *1J6._ 1M JAKARTA COMP JM&50 +1434 MANILA COMP .1,***** +155 TAIPEI WPI WfflM -87-57 SEOUL COMP 918.91 -058 SHENZHEN B
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  • 64 1 PQKEXS4TB USI St U8$ (S$ par US$) 1841 £(US$/S$ pa- i486 2.841 ECHOfUSI/SS/E). ft8» 1623 DM- 1216 lj04 YEN 198.4 7130 RM U*» 1066 HK» l.TW 1288 BAHT 43.63 28.70 RUP1AH 9,685 Ut2 Avtnp of to baaki. FHME1ATB8 SINGAPORE* 5H KUALALUMPUE ,t49 BONO KONG _fc.U6 JAKARTA- MM TAIPEI. 1726
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  • 816 1  -  But indirect taxes, like GST, need to be raised to partially offset revenue loss: DPM Lee By Chuang Peck Ming [SINGAPORE] In the clearest indication to date, Deputy Prime Minister Lee Hsien Loong yesterday said corporate and personal income taxes will be cut to
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  • 552 1  -  -l exclusive Prom Eddie Toh in Kuala Lumpur MALAYSIA may widen its door to the commercial aviation arm of Taiwanese group Evergreen, following its shipping unit's decision to cross over from Singapore to the Port of Tanjung Pelepas (PTP) in Johor. EVA
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  • 767 1  -  Look at Pelepas port after 2002 not ruled out By] Beth Jinks [SINGAPORE] Japan's third biggest shipping line, Kawasaki Kisen Kaisha Ltd (K Line), has extended its service contract with PSA Corporation for just one year instead of the usual two
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  • 496 1  -  MUaZiUiafiAlMi By Christopher Tan laiwuAtTJKifij rater Kwees Group Exklusiv, which has been making news with sensational acquisitions, has done it again. The privately held enterprise best known for its cars and golf businesses has secured the distributorship for Skoda, the Volk-swagen-owned Czech marque. BT understands the
    CHRIS LOH  -  496 words
  • Page 1 Advertisements
    • 91 1 IMMIDB Hock Look Stow Qua* Wang What India's banking sector wortha closer look. Pg 4 IXMIItIV* uvinyn Qtobalsation of the artk In Singapore. Top Storias Ifcfcomaal to buy Mon mobie firm as part of Sing Tel deal. UOB retrenches another 100 staff. Ng Kee Choe gets $600,000 in DBS shares.
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    • 60 1 PSA mm best monthly volume in 17 months, Shipping Times Pg 1 TheßcsinessTimes 1 weekend In tomorrow'sßT II The Singapore Tyler Print II Institute is the newest B I yk addition to the local arts II I scene. What's In Style II looks at this ambitious II project and its
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    • 1146 1 Voices In Parliament, Pg 7 II J* jk 1 i R J, J, > m J"-*-**-*.*-*.*.** .-SB JK Bk. -M. M JK. J* m j*. ]§S JK jk j*. j» 3M.JKJC.jk .m JM. m. M. Jm. JK m. m. JB x* Jm. l|W"" jm -W. m jk. j* *l j*.
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    • 8 1 JTA saddled with over 60 Skoda bookings, NextPg
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  • NEXT page
    • ON THE grapevine
      • 81 2 A CERTAIN regional publication recently reported on "the week of long knives" at Credit Suisse First Boston, where a bunch of senior executives found themselves fired soon after the firm's conference to coincide with the Rugby Sevens, of which CSFB was the exclusive sponsor. We hear on
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      • 139 2 THE ever colourful Chris Patten, who calls himself a "one-time colonial oppressor", said he has forgotten all the insults he received from the Chinese media when he was Hong Kong* s last colonial governor. According to a Reuters report, Mr Patten, who was wrapping up a
        139 words
    • 871 2  -  Fond will start trading on April 17 in board lots of 100 units By Serena Ng [SINGAPORE] Singapore's first local exchange-traded fund, which will be listed on the Singapore Exchange on April 17, will be priced similarly to the level of the
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    • 265 2  -  Cuhfltw wtes may render it unable to fulfil them By Christopher Tan [SINGAPORE] Terminated Skoda agent JTA Motors has yet to ftilfll over 60 bookings placed with it, according to sources. BT understands the company will be allowed to order cars to fulfil
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    • 761 2  -  It plans USsloom bond isqne for capital expansion By\ David Boey [SINGAPORE] Singapore Telecommunications Ltd said yesterday that its Indo-nesia-based affiliate, PT Telekomunikasi Selular (Telkomsel), will acquire an Indonesian mobile phone firm as part of SingTel's move to up
      ARTHUR LEE  -  761 words
  • Page 2 Advertisements
    • 58 2 Prime Office Space for Lease Fully fitted out Open concept with managerial rooms, meeting room and training facility room Near Raffles Place MRT Available immediately Attractive rental package IlflljDebenhami Leung l^ftl I scenario J I Evergreen I I mOVeS from I I S'pore to I I Tanjung I I Pelepas
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  • Page 3 Advertisements
    • 39 3 I yfC. f 'yji ~yiy I v v f .J 1 7 v\ .i t< infi-n tir.ti I> l r.«f > Singapore: Nj»ct* Ann C il\ It*l <> {4 141 Hillnii Inti rn.tt mxi.il I sh< >p[)in <■ .i 11.■ •\|.■|t,•; n ">
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  • SINGAPORE companies
    • 389 4  -  Move affects mainly those providing support functions; bank helping to arrange for redeployment and employment Byi Quak Hiang Whai UNITED Overseas Bank Group released another 100 or so staff yesterday as part of its ongoing retrenchment exercise as a result of its recent merger with
      389 words
    • 497 4  -  Amount is put of pay pack*# linked to firm's growth By I Siow Li Sen DBS Bank vice-chairman Ng Kee Choe yesterday received 41,000 DBS Group Holdings shares worth almost $600,000 as part of his compensation package and is among the early
      FILE PHOTO  -  497 words
    • 359 4 Reuters SINGAPORE defence group ST Engineering is expected to post a net profit decline of about 5 per cent for the first quarter 2002 due to fewer shipping contracts and lower margins in its aerospace division. Three analysts polled
      Reuters  -  359 words
    • 380 4  -  20-€ent-a-share offer doses on April 11, with trading to start on April 15 By Geraldine Lor SINGAPORE-BASED waste and water treatment firm Dayen Environmental yesterday launched an initial public offering of 13.1 million new shares at 20 cents each. The offer,
      380 words
    • 952 4  -  ImociIII.IJ'IJUI.II quak hiang whai jf INGAPORE banks have been singing the China tune quite a lot in the past few yean. All three banks have made clear their plans to expand to the mainland through either organic growth or acquisitions. DBS Group
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    • 627 5  -  They can gain from high economic growth, potentially huge, vibrant domestic market Ven Sreenivasan INVESTORS looking for value should sieve the market for Singapore-listed China plays which can benefit from that country's high economic growth rate, vibrant domestic economy and potentially huge
      627 words
    • 354 5  -  Deals to have Immediate impact in current year Byl Simone Erasmus DESPITE uncertainty about whether the storm is truly ending, engineering solutions provider Trek 2000 International is already stepping out and making its mark in new markets. The Sesdaq-listed company announced
      FILE PHOTO  -  354 words
    • COMPANY Briefs
      • 111 5 Bloomberg SINGTEL Opto* Pty, the Australian unit of Stncapon Tbiecoinmnntrattans Ltd, agreed to boy US$l75 million of voice and data network equipment from Canada's Nortel Network* Corp. The equipment will allow Optus to offer its customers new services such as high-speed leased lines and data
        Bloomberg  -  111 words
      • 55 5 Reuters CONSTRUCTION-RELATED Ann Top Global Ltd yesterday a one-for-io bonus iaaup to iwj— its share capital and improve its share liquidity The firm said In a statement the Issue would bemads by capttaltotng >178,000 from the share pi sniluin aooount Top Oiobal's shares closed halfa
        Reuters  -  55 words
  • Page 4 Advertisements
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    • 7 4 Editorial: Bolstering the India connection, Pg 8
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  • Page 5 Advertisements
    • 211 5 wmrww B BPPB Mi '^B-P:-'"'.- mPJMr m Wl b* 5?--, F y I f 1 <888 t®F B >1■ E. wN Wljv s Bfapi ■.-'im... i?i r4, 'i><. si I i^>] T /w VJBr B. I k|L I f mar v syrC I I I B RMMte I U Ifl
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    • 143 5 FINE WINE PRESERVATION TECHNOLOGY Mad* in Denmark The VINTEC cellars offer a combination of technical features such as refrigeration, heating system, humidity recycling and ventilation with aesthetic finishes of plain opaque doors or anti UV smoked-screen glass doors, and wooden shelves. Features: 4 Brazil Brown Finish cj MuM positional wooden
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  • SINGAPORE markets
    • Article, Illustration
      295 6 OTHER SINGAPORE MINCES Apr 4 VALUE CLOSE -463.00 ♦11.00 ■ram -*****.00 -47.00 |TlH«rMA -*****.00 -47.00 W 405.48 -1.28 fpgupwl 170.97 +1.42 f>BpB»Hi 1505.23 -4.46 446.29 -0.65 mm$kwn 223.39 -1.05 —Blhl— 221.80 -3.10 *C020c 37,127.000 ST Engg 10c 31.840,000 Seatown 5c 16,220,000 VJkayW5c 13,630,000 RolylntUSlOc .a 13,053,000 LankomUS2c 12,565,000 KLW Hldgs
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    • 260 6  -  BOT STOCK/ WARRANT By' Ven Sreenivasan THE stock of SNP Corporation surged by over 11 per cent yesterday following an announcement by DBS-Vickers that it was initiating coverage on the company. In fact, the securities house has tagged the stock an "outperform" on account
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    • 777 6  -  I lri comment STOCKS r. sivanithy A FAIR amount of consternation set in yesterday among dealers who place their faith in the charts after the Straits Times Index broke below the 1,770 level in late afternoon trading—the level that several chartists had
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    • 631 6 Farcign investors in Tokyo aresaidtobebnying Japanese stocks and selling US skares AFP [TOKYO] The US dollar sank against the yen yesterday on concerns over the escalating violence in the Middle East, dealers said. The greenback traded at 132.42-44 yen at 5.00pm (0800 GMT), down from 132.67-70
      AFP  -  631 words
  • 2485 6 UNIT TRUSTS FUNDS _o** atnond spore a/$ 120* Ob*ond Spore B/S 1.22* AM A«ro Aaeet Mft (5'pore) OU Money Sing Dollar Class B 1 0396/ Star Europe Gqtyl* 0J17/ CW Pan-Europe Equity Fund 1.12/ Star Europe Bd 0.967/ CWSalect Ail TKBalanced 13V Star Europe M 08*7/ CMSalect Ma Tt Growth
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  • SINGAPORE news
    • 389 7  -  3on the economy business expectations About 10% of firms in survey unable to indicate near-term business prospects By, Anna Teo BUSINESS sentiment has improved sharply, but there's also now a greater sense of uncertainty, an industry poll of manufacturers finds. The Singapore Confederation of
      Source: SCI  -  389 words
    • 182 7 V- .t- 1 Quotes from MPs in yesterday's session "is ft the high cost of living, or the cost of high living, that leaves us breathless?" -Penny Low (Pasir Ris-Punggo!) "We've ail talked about safety nets to catch people who fail. But at what point does the
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    • 230 7  -  mail ran Tey Sin Chin Singapore I REFER to the letter "Foreign banks pip local rivals in service" by Choong Woon Leong (Mailbag, April 4). Although this is generally true, I have also encountered very poor service from foreign banks. In
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    • 475 7  -  By Serena Ng THE pro-tem committee formed by members of the Pinetree Town Country Club has received initial support from around 40 per cent of the club's 4,700 members for its plan to buy over the club's assets, and expects to submit an
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  • Page 7 Advertisements
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    • 228 7 #^^B^SppflMUogg^^^H|9 with panoramic city view available now! —$580,000 MaWP^m $703,000 BHBHi^^H gardens to the Novena "77iis is unusually cheap for this area."- Today, March 26, 2002. Visit our new Sales Gallery: 20, Martaban Rd a |^HlH^MP^^HlLL^^|n (via Mandalay Rd) Open daily: 10am to 6pm Tel: 6256 1956 6256 1960 limited
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  • EDITORIAL & opinion
    • 796 8  -  STiTiqr bottom line OPINION david derosa The writer, president ofDeßosa Research Trading, is also an adjunct finance professor at Yale School of Management and the author qf'ln Defense of Free Capital Markets' Bloomberg THE International Monetary Fund is desperate to change itself into
      Bloomberg  -  796 words
    • 74 8 "Hie Legislative Yuan (Chamber) is not a jungle, and lawmakers are not beasts.' -CUmTI opposition MP in Taiwan's legislature, on claims by Christine Tsung Tsai-yi, who quit as economics ctfairs minister qfter two months in office, that she felt like she was in a jungle with wild
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    • 548 8 EDITORIAL WITH no major political differences to paper over, the visit next week by Indian Prime Minister Atal Bihari Vajpayee—who is to be accompanied by a large business delegation —looks set to be dominated by economic issues. And here, there is much scope for both countries
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    • 1329 8  -  Indonesia is eager tt reduce its financial dependency en Japan and the US, and find ways to counter American demands in the anti-terror struggle From James Castle The writer, of the Castle Group, chairs the American Chamber of Commerce in Jakarta in Jakarta PRESIDENT Megawati
      AFP  -  1,329 words
  • Page 8 Advertisements
    • 91 8 Since 19 ~5 oui worldwide staft of ▼I ovct rnulti-disciplincd professionals I V including lawyers chartered accountants I A V chartered secretaries and bankers have J[ Ml Pfovidc-d confidential and cost etfcctive M 3 company formation in all the mi,or low < IH including Incorporation Fees trom USSSOO Tho world
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    • 113 8 CONSTRUCTION LAW SEMINAR ON: 1. Delay In Construction Liquidated Damages Extension of Time (19 Apr 02) 2. Private Property Defects the MCST: Your Rights (26 Apr 02) NOW AVAILABLE BUILDING CONTRACT LAW IN SINGAPORE (2002) Revised Edition Call 6258 8508 for more info on seminar or book U551,000,000,000 Caime Centrale
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  • MAIL bag
    • 406 9  -  Ang Hao Yao Singapore I REFER to your article "Qian Hu: a bigger fish than meets the eye?" by David Boey (Hock Lock Siew, April 4). In the article, Mr Boey was suggesting the possible reasons why the stock has underperformed. I
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    • 123 9  -  Denis Distant Singapore IN their Feb 4 letter to the shareholders of CWT Distribution, the company's independent directors, acting on the advice of UOB Asia, recommended those with a short-term view to accept the offer price of 60 cents a share made by PSA Corp. They said
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    • 251 9  -  Steve Yeo Siow Kuang Singapore I REFER to the column "Why pick on civil servant?" by Chuang Peck Ming (BT, April 3). During the parliamentary session, many MPs were pointing their fingers at civil servants. They are being unfair and lack understanding of management principles.
      FILE PHOTO  -  251 words
    • 114 9  -  Norman Oh Singapore I REFER to Walton Morais' column "Putting MalaysiaSingapore relations in perspective" (BT, March 30). As a Singaporean and one whose wife is a Malaysian, may I say that the governments of Singapore and Malaysia must try to establish a relationship based
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    • 140 9  -  Liam Brown Director The British Council Professional Development Centre I WOULD like to join those civil servants whom your article says must be wondering "why are we so unpopular?" (Why pick on civil servants?, BT, April 3). I don't know about "heartless", "profiteering" or "lacking
      140 words
  • Article, Illustration
    1064 9 Transaction date: Apr 4 IMTHRBAMKOOSSEATBS fa" FTr »i HH5 Mhl# Yi Ww KZSNfcb Hm 8wi »r W|fcf Hmt W$ 0J 440 ***** 3,52 W.W3 5U00 0.704 7.075 2.021 UOt 31*5 27.164 0.979 5.905 0882 OJOS ZUH 0J71 0532 tea* 1182 1217 070 4473 L393 4.903 *****6Q1S5 0J32 UM 2_M9
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  • Page 9 Advertisements
    • 63 9 We welcome letters. E-maii us at btfetterQsph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 Tom Payoh North, Podium Level 3, Singapore3lB994. We need your full name, address and telephone number, mn»— nan PflWlTft ffltff fIOTIfUKIfW fafiQUafln. SfWt fl— 111 mind Nbel laws. We
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    • 580 9 vimucoi in iiicu ijentre IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO INDAMERICA INTERNATIONAL (ASIA) PTE LTD IN MEMBFKS Vm t TNTABV LIQUIDATION Alan Extraordinary General Meeting of the Company convened and held at 60 Kaki Bukil Place #10-01/05 Eunos Techpark Singapore *****9. on die 28th day of March
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    • 502 9 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WOPHtTYNET PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION H an Extraordinary General Meeting of to members of to atx*enamed Conpany duly convened and held at 71 Übi Crescent •04-11, ExcaMbur Cera*. Singapore *****1 on
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    • 414 9 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of INTERBOLD SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Rm No 1703, International Trade Centre, No. 2200
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    • 485 9 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF E.D. I F. MAN COMMODITY SERVICES PTE LTD (In Members' Voluntary liquidation) NOTICE Of RESOLUTION Al an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 34 (urong Port Road,
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  • REGIONAL news
    • 382 10  -  Move follows withdrawal of licences from Metrowangsa From] Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S Securities watchdog yesterday called a closed door meeting for senior officials of the country's 61 fund management companies and 37 unit trust companies following the withdrawal of licences from
      382 words
    • 441 10 KUALA LUMPUR Firm expects issue to be fully taken np by today's deadline Dow Jones Newswires MALAYSIAN businessman Tajudin Ramli has the money to take up his share of a rights issue in Technology Resources Industries Bhd, a company executive said yesterday. Mr
      Dow Jones Newswires  -  441 words
    • 160 10 JAKARTA Bernama INDONESIA is negotiating with Kuala Lumpur for the latter to buy more Indonesian automotive components as compensation for the delay in the opening up of Malaysia's car market under the Asean Free Trade Area (Afta). Achdiat Atmawinata, Indonesia's director-general
      Bernama  -  160 words
    • 74 10 Bernama [KUALA LUMPUR] Confirming market talk, former chitfexecutive officer of Standard Chartered Bank Malaysia, Michael Andrew Hague, 42, will take over as CEO of RHB Bank from June 1. He replaces Yvonne Chia, whose contract with the bank expires officially on June 2a Ms Chia is
      Bernama  -  74 words
    • 342 10  -  Analyst says financing may have caused dalay From] Eddie Toh in Kuala Lumpur MULTI-Purpose Holdings Berhad (MPHB) has extended again the deal to dispose of 32.76 per cent in Bandar Raya Developments to Am* bang Sehati, which is controlled by the nephew of businessman
      342 words
    • 76 10 I KUALA LUMPUR Dow Jones Newswires MALAYAN Banking Bhd yesterday denied market talk that it is negotiating the acquisition of other banks. "We are not in talks with any party at the moment," Maybank's executive director Mohammed Hussein said. Speculation was rife on Wednesday that
      Dow Jones Newswires  -  76 words
    • NOTE Book
      • 98 10 Reuters [HONG KONG] Hong Kong's biggest taxpayer got a bill for HKI4S million (5510.6 million) for the last fiscal year, the government said yesterday. It would not identify the person who received the whopping tax bill, but said the territory's top wage earner in the
        Reuters  -  98 words
      • 42 10 AFX [BANGKOK] The Financial Sector Restructuring Authority, set up in 1997 to oversee the liquidation of 56 defunct finance companies, will cease to operate In June, the Bangkok Post reported, citing FRA secretary-general Montri Chenvidyakara. —AFX
        AFX  -  42 words
      • 36 10 Reuters [SHANGHAI] The Bank of Shanghai, partly owned by HSBC Holdings, said yesterday it will join 12 otter city commercial banks to overcome geogrzq>hical curbs and meet WTO challenges. —Reuters
        Reuters  -  36 words
      • 36 10 Reuters [SHANGHAI] In a move to curb liquidity risks, China has banned fund managers from bidding for more shares than they can afford in a domestic initial public offering, sources said yesterday.—Reuters
        Reuters  -  36 words
      • 104 10 Reuters {SHANGHAI] A US investment fUnd has filed a US$2 million lawsuit accusing China's debt-laden Fqjian International Trust and Investment Corporation (Fitie) of missing an interest payment The trust, owned by the Puiian provincial government, defaulted on 14 billion yen (Ssl96 million) in Samurai bonds
        Reuters  -  104 words
      • 40 10 Reuters [SHANGHAI] China's national foreign mjmy market plans to introduce market makers to boost liquidity by allowing some banks to quote bid and ;f offer prices at the same time, a state newspaper yesterday.—Reuters
        Reuters  -  40 words
    • 468 12 BANGKOK But restructuring could stretch 10 years; legal action envisaged Reuters CREDITORS of Asia Pulp and Paper (APP) hope to reach a deal to restructure the embattled conglomerate's US$l3 billion debt within six months, the adviser representing export credit agencies (ECAs)
      Reuters  -  468 words
    • 384 12  -  From. Harish Mehta in Bangkok THE US and Thailand have started preliminary talks towards establishing a free trade agreement, top trade officials from both countries said yesterday. US Trade Representative Robert Zoellick said at a joint press conference with Thai Commerce Minister
      384 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
    • 1014 11 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF ASIA JAYA DEVELOPMENT PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road, #12-11 Golden Mile Tower.
      1,014 words
    • 263 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PACICON SINGAPORE PTE LTD (IN LIQUIDATION) NOTICE OF MEMBERS VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN THAT at an Extraordinary General Meeting of Members of the abovenamed Company held on 28 March 2002, it was resolved that
      263 words
    • 1195 11 M #/tV\ ayala international holdings limited VOLUNTARY CONDITIONAL CASH OFFER BY THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED FOR AND ON BEHALF OF ROUTLEDGE INVESTMENTS PTE. LTD. DESPATCH OF CIRCULAR Further to the announcement made by Ayala International Holdings Limited (the "Company") on 28 February 2002 in relation to the
      1,195 words
    • 631 11 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF RAMSET FASTENERS (S.E. ASM) PTE. LTD. (In Mentor's Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 8 Kaki Bukit Road 2 #02-33
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    • 803 11 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AEI CONSOLIDATION SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 1 Changi South Street 2, Danzas AEI
      803 words
    • 1180 11 ©)PT lACO PT INTERNATIONAL NICKEL INDONESIA Tbk ANNOUNCEMENT OF THE RESULT OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS It is hereby announced to all shareholders of the PT International Nickel Indonesia Tbk ("PT 'nco" or Company") that the Annual General Meeting of Shareholder* held on April 3,2002 has unanimously resolved:
      1,180 words
    • 697 11 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF CHU CHEONQ ACCESSORIES PTE LTD (IN VOLUNTARY LIQUIDATION) MQDCF OF HFIMH IfTtfM At an Extraordinary Qonoral Mooting of tho mombon of CHU CHEONQ ACCESSORIES PTE LTD duly hoM and convened at 1 Tot* Tuck Link, *04-01,
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    • 560 11 MTHf MATTER OF THI COMPANIES ACT CHAPTEB SO WSooNO<2Mb) NOTICE Of RESOLUTIONS LOWER FAB EAST PTI LTD (In Member*' VoiurSary Liquidation) At on Extraordinary General Mooting of LQHER FAB EAST PTE LTD hold at Got* Street. *17-00 PWC Mdtog. TiaaMir. *****4 on the 27Hi day ol March 3003 iho following
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  • 254 12 Apr 3 IB (fob m balesjflfcents/kg) Apr 4 y.,.., ——Sc. mSmS wuvamaunmM jHfjiiwint« 20jmtmm m wmnmM smJ gy# ifjSj}!! m mmsfM maous Source: UOB ■pig KLTPf Apr4 ROTTERDAM Apr 3 Urn ZlSJO «K S ft flu 22 S S Su 3 5«i S S» Z SOU Source: Reuters CHICAQOEOT
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  • Page 12 Advertisements
    • 539 12 Employment Onpnrtiinitipc At WILLIAM M William M. Mercer MERCER Mercer is the world's largest human resource, employee benefits, and investment consulting organization. We employ more than 13,000 consulting professionals and staff in 135 offices worldwide. Singapore is Mercer's regional headquarters in Asia. Our more than 120 Singapore-based consulting professionals serve
      539 words

  • REGION world
    • 598 13 HONGKONG It risks taring offshore finds to S'pore if exemptions are removed Bloomberg HONG Kong, which bills itself as Asia's premier financial centre, faces a dilemma: exempt offshore funds from profit tax or risk losing them, their revenue and jobs to archrival
      Bloomberg; FILE PHOTO  -  598 words
    • 448 13 TOKYO It's the biggest loss reported by non-financial Japanese firm Bloomberg Reuters NIPPON Telegraph Telephone Corp took asset writedowns and charges totalling more than 2 trillion yen (Ss2B billion) for the last business year but analysts said the worst-ever loss
      Bloomberg; Reuters  -  448 words
    • 256 13 BEIJING Bloomberg CHINA United Telecommunications Corp, the nation's second-biggest mobile phone operator, plans to raise as much as 16 billion yuan (553.5 billion) in what would be China's largest initial public offering, China Daily said, quoting company vice-president Tong Jilu. The parent of Hong
      Bloomberg  -  256 words
    • 214 13 Bloomberg [HONG KONG] China Mobile (HK) Ltd and three other China-backed Hong Kong companies may be the first foreign companies allowed to sell shares to mainland investors as China deregulates its capital markets further this year. China Mobile, China Resources Enterprises Ltd, Shanghai Industrial
      Bloomberg  -  214 words
  • 3610 13 Transaction date: Apr 4 for more, go to wuwjasiaonemnarketsMmi HONGKONG kg Ma OM 031 1234 JJj Mmhni Hldgi ,QH unch 2520 imwformCanmia 0.02 «h *****6 037 333 62 ZZZIojJ oS 6849 Arovftno* ?"2 ~J! S§H3dln» 440 unch 10 not .2J2 Jtan9~En»»M 198 0-03 ***** AnandByngQn,. O05 unch *****
    3,610 words

  • WORLD news
    • 495 14 FRANKFURT Expectations of euro zone recovery strengthening, it uys Reuters Bloomberg THE European Central Bank (ECB) yesterday confirmed views that its easing cycle was at an end, holding interest rates steady as expected and affirming that a euro zone recovery was on track, despite higher
      Reuters; Bloomberg  -  495 words
    • WORLD Watch
      • 68 14 NYT [NEW YORK] Bristol-Myers Squibb jolted Wall Street on Wednesday by saying that its sales and earnings tor Ql and the year would be much lowar than investors had expected. Revising it» projection* tor the second time In tour months. It now expects to earn 44
        NYT  -  68 words
      • 68 14 WSJ [SCHAUMBURG, Illinois] Motorola Inc, after repeatedly assuring investors that it wffl make money this year, said it won't be profitable tor 2002 when it includes special charges. It disclosed this In a proxy filed with the Securities and Exchange Commission. After posting losses
        WSJ  -  68 words
      • 44 14 Reuters (NEW YORK] No 1 personal computer maker Dell Computer Corp on Wednesday said its earnings were on track and that its current-quarter revenue may be slightly higher than it had expected after winning new business by keeping prices low.—Rattan
        Reuters  -  44 words
      • 59 14 Bloomberg l wAamwu ruNj us mitiai jooiess naima surged last week to the highest in four months, as previously unemployed workers had to file new applications to take advantage of extended benefits under a new federal law. There were 400,000 new applications last week, up
        Bloomberg  -  59 words
      • 24 14 Reuters [IX)NDON] Andersen said yesterday that Aldo Cardoso, head of Andersen in France, would become acting chief executive immediately. —Reuters
        Reuters  -  24 words
      • 52 14 Reuters [NEW YORK] The US economy may be improving, wrtor, says PriceWaterhouseCoopers. Of the 234 public companies that reported six consecutive quartos of declining earnings, nearly half are in manufacturing. This indicates there could be a big rise in the number of bankruptcies this year of
        Reuters  -  52 words
    • 393 14 NEW YORK Mm gives nnit heads greater independence NYT RICHARD Belluzzo, who has been the president and chief operating officer of Microsoft for little more than a year, will step down next month and leave the software giant in September, company officials said on Wednesday.
      NYT  -  393 words
    • 223 14 B TOKYO Reuters THE head of the Organisation for Economic Cooperation and Development said yesterday that Japan's economy was showing signs of an upturn but that this should not lead to complacency. "I alsn want to tell you that the OECD already detects signs that
      Reuters  -  223 words
    • 457 14 NEW YORK Reuters TOP executives at a slew of technology firms have been quietly snapping up shares of their own companies in recent months, signalling that the worst may be over for the badly battered sector. Fund managers take notice of insider
      Reuters  -  457 words
  • 2133 14 Transaction date: Apr 4 I KUALA LUMPUR Fraser»Naa*a im O.O« 2 Vel OM .255 -0.03 25 ■M *t- r*M) FWfrlduslries 553 -0.03 26 Gadang 1.13 0.05 3 A 4 M Realty 1.10 0.01 48 Gamuda 6.10 015 3092 Afcnc 147 -0.01 89 GanadCorp 0.93 -003 5 AC? Industries 3.16
    2,133 words
  • 505 14 Transaction date: Apr 4 m am a—j mii i m am o—, mamtm ol» I* 1.190 «CJ3t OC0C MM 13JM OwttaHCondJfc t J9 4JK 4M0 OUI tST ST «M Oy Dr. V> 2 JJ UH MM H 25C 0 32 OlMD CMTac as ***** -OJDO sST M t8 «n
    505 words
  • 582 14 BONDS WARRANTS WCew taar IS 'Si a, w Mb *t- rmmmf ia» AST11M>***** 30 -35 225 1 10 153 20 AonaUdMKMIIIO J undi St 1 SO 451 117 31 An*ak W*****0 67 -15 400 1 33 1 1.49 30 ArmMrong 1MM0520 .43 1 HI 32 244 25 MtfoodP MMB0712 OS
    582 words

  • ENRON saga
    • 269 15 NEW YORK Bloomberg THE New York Stock Exchange board is considering a rute that companies listed oil the exchange have only independent directors sit on their audit and compensation committees, said people fcminar with the matter. The NYSE, criticised by some investors
      Bloomberg; REUTERS  -  269 words
    • 331 15 NEW YORK IkaSECkualN stepped np its acrntiiqref ether energy traders Lat-WP Bloomberg THE Securities and Exchange Commission (SEC) has joined some Enron Corp creditors in calling for the appointment of an outside examiner with special powers to investigate Enron's ties to Wall Street
      Lat-WP; Bloomberg  -  331 words
    • 144 15 NEW YORK NYT ANDERSEN took a step towards restructuring itself on Wednesday by hiring an investment bank to help it separate its auditing services from other business lines, like consulting and certain tax advisory units. The separation is called for by a reorganisation plan proposed last
      NYT  -  144 words
  • 2586 15 Transaction date: Apr 4 for live prices, log on to ii/urwxisiaonentarketsjoon a m Jr-SFz.-i s^a-a; 1&2S=I, is »,i 'v v si a s 8 r- ««|SSi list 1 > i, J *< 33J 81 Aon* 50c £5 SI 1006 10 9 5 si 207 31 113 c Addwfltdi2J(
    2,586 words
  • 40 15 ■y- f a ■> a ■r-a-a.-t an g-s-s 11M0 VtO i Oamondk UMMM W ntiSDIUSTitfi US4M0 -40 4KC t*v\ SB JJsBMSOSp— OsstT 4,50 12M0 *70 s fSSAPSOO 1/511U0 1*150 9150 > VIM US***** 4440 0 ***** ***** I I I
    40 words
  • 655 15 "i a "y- jca-g 405 1 ILL IS? SS 173 173 17 W HI 11 655 275 c IU 1U 2 2 SI 5 5 U M ,M 21 j 2 2 S 2 11 s «u »tAsnsr__;z 1 «S 2 1 175 mill UlSc W is WO
    655 words
  • 188 15 .is Jf t j*? g a '00 M 10.1 M mi n F t2nc 720 265 2.1 7.4 !OHJ Owuig KongSOc HK 1780 240 (J (7 3 flMj O 45 Otyv-SohAkvsUHK 2 7* M 513 G«<*2000U$ Bi tl.l 2.1 4i Mil *5 105 tenngNUS 20 -OlS 1010 205
    188 words

  • Page 16 Advertisements
    • 1093 16 ADVERTISING SPECIAL Distinct advantage with a team of experts CitiGold Wealth Management Banking helps affluent and busy Singaporeans ftDru UAl icr the most Ur En HvUtt GETTING the biggest bang for the tory," he explained. "But riflKanl# I* u m mu m buck can be a struggle even dur- when
      1,093 words

  • EXECUTIVE Lifestyle
    • 1169 17  -  Whether boon or bane, globalisation of the arts is taking root in Singapore and if s up to the artists to harness it for fruitful new ideas rather than opportunistic gains parvathi nayar looks at both sides of the issue PARVATHI NAYAR Culture jamming, McDonaldisation, the
      1,169 words
    • PERSPECTIVE
      • 730 18  -  i®Ta^h^cuft In trying to keep Singaporeans rooted to their birth place, sometimes appealing to their bellies, may be more effective jaime ee HOW do we get Singaporeans to stay in Singapore? That's one of the million-dollar questions that MPs seemed preoccupied with in
        730 words
      • 1223 18  -  comment Worldwide, it hastens cultural renewal and artists arc the vital catalysts, says wtmiigHAinia VIKRAM KHANNA In the 3rd Century, the inhabitants of the vast areas that were to border the "Silk Road" would have been puzzled by how this gigantic cross-border enterprise would change
        FILE PHOTO  -  1,223 words
      • 343 18 Title: Singapore's 100 Historic Places Author®; G. Uma Devi, Sarin Abdullah, Kevin SY Tan, Francis Yeoh, Christina Choh and Wan MengHao Publisher Archipelago Press in association with the National Heritage Board No of pace*: 144 Price: $19.95 (including GST) Reviewed by Corime Kerk WHILE
        343 words
    • BIZ WOMAN/HEALTH
      • Article, Illustration
        1045 19  -  Moving to the US and self-publishing her first children's book has been enriching for ex-teacher Lathika Sadasivan, she tells jbmmifbr t in Silicon Valley JENNIFER LIEN CHILDREN, books, school and art appear to be the driving forces of Lathika Sadasivan's life. Being a businesswoman could have been
        JENNIFER LIEN  -  1,045 words
      • 693 19  -  By Cheah Ui-Hoon WITH the oldest baby boomers being 56 and every other one turning 50 in 7.7 seconds or so we're told the lure of an-ti-ageing dietary supplements and treatments is growing stronger by the day. Would you like to live to
        CHRIS LOH  -  693 words
    • GOLF
      • 1163 20  -  People who play golf to keep fit may ironically suffer back injuries due to poor techniques and conditioning, tak jbe shares some pointers for a pain-free game TAN JEE LIM The writer is a consultant orthopaedic surgeon and an avid golfer. He will give a talk on
        REUTERS, AFP  -  1,163 words
    • THE ARTS
      • Article, Illustration
        839 21  -  Stephen Mear, who's in town to choreograph a musical adapted from The Ugly Duckling', tells pakvathi ha yar why he's not an 'easy-life' choreographer PARVATHI NAYAR choreographer Stephen Mear loves his work, but he doesn't really need to tell you that. More than words, his passion for dance
        PHOTOS BY ARTHUR LEE  -  839 words
      • 488 21  -  Byi Aaron Lye WHETHER if s due to perfect timing or simple coincidence, one could not have chosen a better time to stage George Orwell's Animal Farm, what with all the recent talk about greater political freedom on the local stage. Written by British director lan
        488 words
      • 471 21  -  By Cheah Ui-Hoon FROM Incan bands to a bag-pipe-blowing and kilt-wear-ing one, the annual Singapore International Latin Festival isn't "international" for nothing. And it's grown by grooves and moves since its humble start at the courtyard of Chijmes. As if to prove that salsa
        FILE PHOTO  -  471 words
      • 534 21  -  Conn** by Aaron Lye PERFORMANCES KathakaH A series of performances featuring kathakali, a traditional Indian dance form. With music provided by a live orchestra, kathakali artistes from Kerala will entertain with colourful garb and graceful motion. April 12-14, 7:30pm, Drama Centre. Tickets at $15, $20, $30 (concession price
        534 words
      • Article, Illustration
        201 21  -  CompMby Aaron Lye Til# buzz: Two teocbew opera tales—one which is a romantic supernatural thriltar and the other is the heart-breaking drama of a peasant woman. Wot and pteyars: Staged by the Chinese Opera Institute (COD, The Haunted Temple is the world premiere of COTs director Chua Soo Pong's
        201 words
    • CINEMA/TELEVISION
      • 388 23  -  r l: .if By\ Parvathi Nayar BP EVlNSpacey's "mentally rm not the brightest" turn in Tim Shaping Mm* t was the fllm'3 greatest problem, more k so than its waterloggsd script We missed &e ironic smirit the ssssssssses^How doeshafere in JTAtxf Wall he's on surer ground here playtogProtaomeeswwhocan
        388 words
      • 383 23  -  Early promise of racy black comedy snuffed out by lack of edge and humour By Parvathi Nayar IT'S a schizophrenic version of that hare and tortoise story: Birthday Girl begins, all confidence on the speedy track, offering the flashy promise of a racy little
        REUTERS  -  383 words
      • 280 23  -  By\ Simone Erasmus POST-punk experimentalism, campy techno beats and even campier tours U2 has just about done it all. But Ireland's fab four is back with its most refreshing metamorphosis yet, in the form of HBO's latest live offering, Elevation 2001. Free of the elaborate, electronicsthemed
        280 words
      • 559 23  -  By\ Susan Tsang THE events of 9/11 may have shaken the US, but its effects on the film world were more far-reaching. Spiderman, which featured the twin towers, and Arnie's Collateral Damage, with a terrorist bombing, had to be doctored. The Sidewalks of New York, where
        559 words
    • EPICURE
      • Article, Illustration
        730 24  -  Sanuk Thai exemplifies the evergreen draws of Thai cuisine with hearty fare at reasonable prices. ui-hoom tucks in CHEAH UI-HOON GET the basics of Thai cuisine right, and you'll have satisfied customers bringing their friends, families and boss's dog for meals, again and again. That's the evergreen, can't-get-tired-of-it
        PHOTOS BY ARTHUR LEE  -  730 words
      • 727 24  -  Renaissance Hotel's Dynasty Restaurant scores with its dim sum done with a twist By J Jaime Ee venturing to Kuala Lumpur on an eating foray is always exciting, especially for Singapore folk who get their kicks eating at roadside stalls kind of like food court escapees
        727 words
      • 363 24  -  By Corinne Kerk WHEN Pontini opened about two years ago at the Grand Copthorne Waterfront Hotel, it was pitched as a trendy, New York-style Italian trattoria accompanied by fine dining prices. Today, with a new chef firmly installed in the kitchen, Pontini is coming down a
        363 words
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  • Page 18 Advertisements
    • 206 18 A Special Joint Promotion THAI Hospitality at unrivalled prices ind who In 1° t of flexibilities with Royal Orchid Holidays Fly Business Class Stay 5 Star Deluxe Hotels BANGKOK $888 3 Days st.iy inclusive of breakfast and porsonalisod private transfers All part of the premium services of royal orchid holidays
      206 words
    • 125 18 FOR SALE BY TENDER PRIME FREEHOLD OFFICE BUILDING ALONG ORCHARD ROAD Prominent and visible frontage to Orchard Rd Dhoby Ghaut MRT Interchange Station at the doorstep Within up coming Bras Basah Selegie Bugis educational, arts, cultural and entertaiment hub proposed SMU campus To be gazetted as National Monument (Cat 2)
      125 words
    • 18 18 Reoch Ugy mgm #I|AM|LAULUM your snarenowers ono povenvKM shareholders by puDNOsing your company's financial resuhs in our newspapers.
      18 words
  • Page 18 Miscellaneous
    • 306 18 mtvrric crossword ACROSS 29 Broad Russian river view (7) 20 Senator involved in treachery Mf TB~I B —l pH B —l R I f? i 1 Introduce dramaticaly? (5,4, Ci< but just for a apan (7) (7) ll j 4) 31 A state of constitutional 21 AMe man and a
      306 words


  • Page 20 Advertisements
    • 155 20 ■M Where to wine, dine and entertain... '""tgii| wwwiineraxomjg flPhMmar Tantalising Thai-Laos Fare sJ39 **<»IMm PtWOT^^mlo laaOpm! Marsi ■—_3L. 5 Cooriwn In mi. kigaiXM 1 W« fmnuo lower CoMnton i 0 a*i Kv« Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights.
      155 words
    • 47 20 Fashion Nile ffl Every Friday is Fashion Nile at Discovery Pub as a bevy of beautiful ladies parade tbe Happy I Spring Court The Oldest I Chinese Restaurant in Singapore since 1929 73Annlvtrsarv Sptdal PEKING PUCK Lilted to one par tabic with mm. ortar of $50 onmnfc.
      47 words
    • 132 20 Be the Bret to sample our Fiesta Buffet Lunch! Indulge In fresh oysters, smoked salmon, grouper and tuna Wn. sushi and maki. Main courses, including pasta, various seafood and meats, are served piping hot at the open kitchen. From 12 noon 2.30pm dally. Weekday price at $23 per adult and
      132 words
    • 103 20 l fill J I I I Z^' 00 Room available for your I I Baby's Full Moorl I Maximum 100 pax I I Minimum Seminar -15 pax I I For enquiries, call us at 430 4119 I 218 Queen Street. Singapore *****9 I Amembwof#* KON MOTHERS GROUP I 3i NCA
      103 words
    • 57 20 4 I V t I J. 1 HIGH TEA AT NEW HEIGHTS Enjoy international favourites in a high-tea buffet at Top of the M' Revolving Restaurant Tqq Adult $26+++ Opfie child: $l6m (D Rcacrvaliona: 831 6258/88 ImlviH mfc IW JtmmSUnm UJ AVyyxrr—l -BH- sc v 1 333 Orchard Road. Singapore
      57 words


  • Page 22 Advertisements
    • 225 22 The Business Times. Fnd«y, Aprll 5, 2002 ||§|lg ii&^K«l ViMp JWm» tWr '^nUtflHC'watt' MljHfteifl Mt T t "M wT M l" I ..y, w i I £fe® £^^Mfa ftk Stif _Af y I .f', Wf jf J&Sf &t rn $xW Wg /j» *tf&F jdr a J£vW9-s€r *ltm9mpf&! Arun Jin^J^c All
      225 words


  • Page 24 Advertisements
    • 34 24 Singapore H jy"' M* v I 1 ®W W" .1 A Singapore Music Festival 2002 12 to 14 April at Fort Canmnq Green TICKETirj! -u SISTIC hotline '1* >~ hotlim* 21 l„ Mt,\u fcsl musicfest.
      34 words

  • SHIPPING TIMES
    • 228 25 Reuters THE Baltic Dry Index (BDI) rose one point to 1,062, the Baltic Panamax Index (BPI) lost five points to 1,014, ths Baltic Handymax Index (BHD firmed 63 points to 7,452 and die Baltic Capesise Index (BCD was up four points to 1,403. ♦Eden-(built 1961) 188,000dwtdsiivery retroactive China
      Reuters  -  228 words
    • 122 25 a 5 cwT»>amiin_o.as 207 Clwl— 043 0X12 72)9 CMCi HiiimHwiI ._C-2S unci) W7 rrMM Unto 0.0* net *20 StHotan* OA9 O04 10* MCHoMngs-MK 540 MM* 0 JlHim—H 0-22 OOt 1302 MwUCm 4.04 undi 2000 mpmrtw 0.1* (MM 237 MMT* 102 "0-04 IN l«tor»V Marin* 0_12 -CM Vt* M«<toc»
      122 words
    • 335 25 1.42 m TEUs in March fuelled by higher volumes across major markets [SINGAPORE] PSA Corporation had some good news to break last night It turned in its best monthly throughput figure for the past 17 months when it said its terminals
      335 words
    • PORT Shots
      • 117 25 AFP IYLALUVU3TU*. KUSSISj A SmSU KUSSHD Ship crashed into a large Chinese cargo craft near South Korea's Island of UOynio, rescue service officials In Russia's fur easternphri ofyiadlmetoksstitLThe oommercial ship Vadim Popov, bound for Jspan with W passengers and 18 crew on board, collided wife
        AFP  -  117 words
      • 108 25 Xinhua fHKANGHAI] The Shanghai-baaed China Shipping Group has opened a shipping route linking the Keeißng Fort of Taiwan with the weet coast of the United States. Five container ships each with a capacity 0f5,500 to 5,700 containers have been put into operation on the marine route,
        Xinhua  -  108 words
      • 78 25 Dow Jones [BERLIN] Germsn ship equipment makers and travel agents will complain against Carnival Corp's (CCL) possible takeover of PAO Princess Crates (POO, Financial TtnmDmtachkmd reports, citing industry sources. The companies, fearing the strength of a combined entity, will register their complaint with the European Union
        Dow Jones  -  78 words
      • 100 25 AFP [UEiJiHU] Authorities are inveitiistlng the cause of an oil tanker collision in Shanghai wfrlchlsftooe vessel sunk and a person missing. The collision took place on Sunday when a freighter veered out of control and bumped into a dock an the Huangpu River in
        AFP  -  100 words
    • 522 25 Positive outlook may mean an upgrade of AP Moeller's prospects Reuters [COPENHAGEN] Danish group Maersk Sealand, the world's biggest shipping line, said yesterday it expected freight rates to rise this year, raising the possibility of an upgrade to parent AP Moeller's
      Reuters  -  522 words
    • 65 25 [SINGAPORE] A visitor looks at a model of the RMS Titanic during an exhibition at Belfast's City Hall, Northern Ireland. Ninety years ago, the famous ocean liner slipped from her moorings at the Belfast shipyard to embark on her doomed maiden voyage on April 2,1912 only to
      REUTERS  -  65 words
    • 290 25 Reuters [BOMBAY] The deregulation of India's crude oil market, which took effect on Monday, would have no impact on the local shipping market for years, according to P K Srivastava, president of the Indian Shipowners Association. Speaking at the release
      Reuters  -  290 words
    • 147 25 AF [HONOLULU] Hawaii's largest harbour was shut down for more than three hours after two bomb-sniffing dogs alerted handlers to suspicious boxes waiting to be loaded on a cruise ship. No explosives were found. A security company was checking
      AF  -  147 words
    • 794 26  -  ADMIRALTY CASEBOOK By Selva Kumar AN Australian court has rejected a claim for salvage payment by a shipboard officer for saving his vessel from a possible explosion on the basis that what he did was part of his duties as
      794 words
    • 178 26 PACC Ctmartran Appenstap s 6U 1 A Mat 10 OoryHw 1 rtagMas 5 H«(R BSA i HMburg-Sud •SC Hoeglt Km** 3 HubUne I cosco 3 mual Centra E* 4 m »*«Y» 10 MCw|t OwnSlipg 5 Hlmdf Confer 10 IndoguM < t Cougar S Inter mm CWTGtobeto* 6
      178 words
    • 12515 30 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advwttaar V«M< Voyag* Tataphon* ETA ETA Advaftiiar VhmI Voyaga TtMphona SIN Dajtn Nama Nm Numtwr Numtm SIN Opsfn Nam* Nam NunKwr Nu»vtm To ALGIERS <ARS) 2014 Germany "I* ABIDJAN (ABJ) 2003 Cot# D'lvolro 17/04 01/05 Miw TBNI 204* 65******44 M/»4 24/D5 CWna Shpg
      12,515 words
    • SHIPS IN PORT
      • 546 35 <HM< YoyMo —rt> Arrival Pq»rtyi Jvms Nrt K M 04/0VW5 04/04/&00 T6 JOMOt 9 V2205R JB 0V0V8~15 04/04/17*00 M«M/wb 2S-7T** 04 J06 04/04/1:40 04/04/1730 SSeaSWC 22" "22 04/04/220) IttSc EL. (MAM/WO 07/04/70) SinsS) M °<5*2£p 04/04/M0 *uu?ot?»» H" 00 0V04/W0 04/04/1200 Mluiuvi E» 04/04/7:45 04/04/2WX) *3 04/04/8:20 04/04/230)
        546 words
      • 1575 35 KECOVHtft Of EXPOiT FCl COHTAIHEra tm in ripen Bstls Voy »o Etfc/Btr Nrt»< Frow To Fna I *a wout 04m t/OM ovhoo ov*» -oo >« OVTTOO 04A*M JV9WC wto ww. ovww 1 04/0700 HW MM WW» WWW OVTTOO ALFMAMM C17IC VTVOC 01">y>C 01/*H (V 1 WTO 1 w«w
        1,575 words
      • 115 35 April B Hong Kong: Ching Ming Festival Taiwan: Ching Ming Festival South Korea: Arbor Day April t Thailand: Chakri Memorial April ft Philippines: Day of Valor April as Australia: Anzac Day Italy: Liberation Day Day April 2ft Japan: Greenery Day M«yi Singapore: Labour Day China: Labour Day Germany:
        115 words
      • 759 35 THIS report, compiled by Cockett Marine Oil Ltd. shows price range* in US dollars instead at single prices for a more comprehensive description at the market Prices shown are baaed on averagesised stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        759 words
      • 331 35 M-H WLf #4 8J 0.06 51 0.03 21™ D—WT Motor >m>w IrtUiililin 5——t Ho Mom £25 4 0 1 0 0 0 «M 310 tat 906J 0.2 M.1 0.06 27 0.02 K/Hl ku. J?" 3,0 nU 0.06 66 0.04 522 iooooo £S 2 S 55 K
        331 words
    • AIR & LAND transport
      • 353 36 Taiwan may follow the Taiwan-Macau air accord model': report AFP [TAIPEI] Taiwan and Hong Kong will break a deadlock in aviation talks and reach a new agreement for flights on the so-called "golden route" before the end of June, a report
        AFP  -  353 words
      • 202 36 Bloomberg [SEOUL] Korean Air, the country's largest carrier, said it returned to an operating profit in the first two months of this year from a loss in the same period of 2001, helped by an increase in travel demand. The Seoul-based carrier posted a 36.2
        Bloomberg  -  202 words
      • 314 36 AP [CLARK ECONOMIC ZONE, Philippines] President Gloria Macapagal Arroyo yesterday inaugurated the United Parcel Service's Asia-Pacific hub at the former US Clark Air Base. Atlanta-based UPS invested about US$3OO million for the hub, including aircraft and a 2,136 square metre facility, officials said.
        AP  -  314 words
      • LOG Book
        • 89 36 Reuters [BRUSSELS] Virgin Express said its looses narrowed in the fourth quarter as the no-friUs airline's cost-cutting measures took effect. Virgin, based in Brussels but controlled by British entrepreneur Richard Branson, said in a statement its fourth-quarter loss was US$O.O7 p«r American Depositary Receipt (ADR), narrower
          Reuters  -  89 words
        • 85 36 Dow Jones (AMSTERDAM] KLM Royal Dutch Airlines NV (KLM) could be a likely candidate for the Sky Team alliance, which includes US airline Delta Air Lines, Dt refcgnaqf reports. The Sky Team alliance includes Air France, Alitalia, Aeromexico, Czech Airlines and Korean Air. A
          Dow Jones  -  85 words
      • 232 36 Dow Jones [COLOMBO] Sri Lanka will allow domestic passenger flights to resume between Colombo and the northern Jaffna peninsula amid improving peace prospects, the government said yesterday. Government spokesman G L Pieris told a news conference that the move was also prompted
        Dow Jones  -  232 words
      • 297 36 Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines NV said March passenger traffic fell less than in the previous month as demand for air travel rebounded from a decline after the Sept 11 terrorist attacks on the US. March passenger traffic fell 2 per
        Bloomberg  -  297 words
      • 323 36 They will contribute US$66O million worth of parts over 20 years Bloomberg [TOKYO] Airbus SAS said four Japanese companies, including Sumitomo Metal Industries Ltd, have agreed to supply the world's sec-ond-biggest aircraft maker with US$65O million of parts over 20 years for
        Bloomberg; FILE PHOTO  -  323 words
      • 223 36 AFP [WARSAW] The Polish government has decided that national airline LOT will join the international airline group Star Alliance led by Germany's Lufthansa, newspapers yesterday reported. "The treasury ministry has decided to have LOT apply to join the Star Alliance," wrote the
        AFP  -  223 words
      • 1374 36 35 mw ro wt n» kt« mo soot tox urnm zzio mm hmoj 0725 ckms oojo «a a» DM04 MO HUMS 0030 »■<»*■ SK3 mm ua 222s oqm duos 0210 $0123 0*55 S0324 2345 KZ344 IMP M4M 2380 6*975 1025 MM* »4B W IMg B l
        1,374 words
  • Page 25 Advertisements
    • 26 25 Four Japanese firms to supply parts for A3BO Korean Air returns to profit" Admiralty Casebook: Officer cannot claim salvage payment for act to save ship \\c,e
      26 words

  • Page 26 Advertisements
    • 535 26 MSgE] I OTHER DCSVNATtOm I gau.§ "|"1 i w i OOaMM 904 IVM 17* I Utt V* OUKS 0M» OVW ll* SB 31* 07* lIM IVM 14* If* IBBtfiww 4*s «r* n* is* 71* n* wr ngMJ smtiu I vMnara rawro Mamm *> nmiag ns ivm ivm tvm a* tvm
      535 words
    • 73 26 WORLDGATE EXPRESS LINES PTE LTD yjt\ iao > #16-03 MM, ■m>|»iili Bank Bußdng, rpot* *****6 T«l: *****911 Fax: *****073A*****63 Email: wgat»Omlx>x2^ingnaLcofiiag WEBSITE: http J/www. wortdgate. com, sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS m I [iIUB I—— I 188 IHI EBrr at HBSDCBHS M imii ■in MM iflMft AAA
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    • 529 26 lines service mprwnled by g JBSkfi Memberj of #w Regtrtry of Membenaf #m Accredited Shipping Agenb, Sin 9 a P°'* Lo 9 wHa Singapore Shipping Aaooation Anocicrton (MOTMMHtV COKVBmOWAL CARGO ran u»/a«m/Mim t mnh VW ETAPKL ETA SIN ETA MALE PrtaeeM Uh MK IVM *M 2*M EtewU! MB «7/B IVK
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    • 991 27 TC> EUROPE FROM EUROPE vssa votlhh m mi w mi at llvtssa wr| rai m mm m sou in «T m.m mn m/m 27/ M m/m 25/ m 22/ M myubmwbqh 30s u/m u/m m/m u/m m/m MISOUMOM oosw m/m 21/ M 23/ M m/m v/h mam us w/n 21/
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    • 1284 27 T/T.4MYI in "»=iStSi^l ■""■"■"iWHSWH! 01 NOe 117I7M0MMI TH; 42M1 HI (MAM) MWAM(D/0) MMS7M 12M5311/* T/swrwrr musks tmssu/u coMVßnwm mnsmi/im ttttssn/n Hi/wr we sha iw m du waonnnaimi SAA fffltO HK /OOWt MAM MAM 11/ M tj/* ?L r.- */•< HAM ivm IW- romtas Z I 22 «2 Wj|BMW 17 AM
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    • 274 27 vssa wi a'm«wa a' ms ac *i UP PWUMKOM HWI V 4 V 4 11/4 IV4 IV4 IV4 fSL i*_ >V 4 IV4 _i i_ J»isly«| iy/4 w* fi/4 v/a -"T*** bb v« n/4 n/4 m* n? P? II [■Kit |ag|»V<| IV4 17/4 \w* W4 M jjjy |gj jjj jjfl
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    • 1011 28 HMHO HYUNDAI MERCHANT MARINE CO., LTD. jjMMpjjiMifwwfcMllxMi Q HQ. HQtTWOOH w "is~~m "Jm ~mm ~m~ mm vot"soT~un~"WHOTHuT~m~ tF SL'SSS" 1 7W ii/m an mas mm m/u m/u u/u is/u m/u J****. "/Mll/M "/04 JVICOMI IMi M/u M/U M/U 17/U M/U NIMMnNW M/OMIt/M M/M 14/ M 11/ M KT UNITY M7I
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    • 228 30 teA MYANMA \BBI five star une (Mvmmmt NatiMMl Um) if YnfM W» vor sm m ra no ■MMU 4IW AS OMSNMHW SM U nn mm inmnii wiw inn HL- II U-*****3M ML IB M-317M101 1* M-HIMtl Pflfc IE 17-*****21/4 M BANK LINE C* Mnrfat >1 limkwm Wdr Tllppl VT NOKTWOUWP
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    • 57 33 KALIMANTAN 1 PtMCT WIIKLY SiKVICI TO 1 MMk/m mum/tmM I I *r I lw |rw» hn i ??g?!!!g i w/w u/w iw i I ■iikmi B7IT~ n/»4 "1175 WJW I ByW 117W H7W H7W SUtABAYA/NUUANC i saw i«% ijb B I"* PttAMftJM/PfKAN Mitt IMm IJhIA IWHir I I wiuui uiwumn/ptmiic
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  • Page 34 Advertisements
    • 639 34 ImSbl fell aST wag* 944N 09-09/04 I Hi/04 B-23/04 I Twasmn HTN 1213/04 19-21/ M u-V/M I TWaiSUNO HON It-14/04 2125/04 »30/04 I hgbraii hm 19-20/w »-a/04 0304/05 I T«2^^^!7W_&a24^?2j>l^soM7/l>sl <m OU mESSPOK 3 0701/04 iTuffii I (Aff OYION ***** 0910/04 15-17/04 2525/04 I ma CUR 044 13-11/04 If 21/04
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    • 742 34 ImsaiuS vot smgapooi wuuk oottacohc momgu ran* ftd ru ni ru no WO WW« OONO» SW 04/04 00/04 09/04 11/04 17/04 I 01 *****14 mom 00/04 10/04 11/04 14/04 19/04 I <1001 IB mm 15/04 14/04 14/04 10/04 14/04 1 Klwinf 90N040 W» 17/Q4 10/04 10/04 11/04 14/04 Z A-
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    • 555 34 wwn ms* ts/N wci hm n/u «nb» an i>/h cbims tm i i«/m sSsjKsfi9 mia rm m/mcooo hh w/mbmw mT~ll7m am ims !»/n wbsspck? n ja*l wswb am ii/mwgi »h ii/m am ms u/m wum 20* 22/ M ioa —fnm}a>J n/»4|cc*—c am chbic an 10/14 «m »ui 11/N am ms
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    • 226 34 hE55v mg»'M*copiini| I Mil SanCoM 6/02 6/04 4/04 Dwo/Tuwu^ 6/02 4/04 6/04 Pi i t Til ill DmOop 7/02 9/D4 10/04 Dm/MM/IM UmSblO 7/02 9/04 11/54 hpn UamSti 12 7/02 9/04 11/04 sMbp UnSto47 4/02 9/04 11/04 Sa*p Ua»S»S 5/02 10/04 10/04 Mi tin Slot 27 4/02 10/ M 12/04
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  • Page 35 Miscellaneous
    • 123 35 I PP''Rl£ 4 LEGEND: Issued by Meteorological Service Singapore R Thunderstorm Showers Rain emperature Win(J direction and speed in knots CloodyD., WM,h W Hazy M Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Sll B ht> 1 2m -■—One half fteche
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