The Business Times, 18 April 2002

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL24434
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85* SINGAPORE Internet. http://business-times.asial com.sg THURSDAY, APRIL 18, 2002
    15 words
  • Article
    Lock icon MARKET SUMMARY
    79 1 □«n 1,77L34 (+1.29) rnmn-m U ***** (+3.04) ST mDEX FOTDKES 1,***** (+7.00) PI smsapuTOiES U mao (+0.70) 8T0C1 KiBXET DOfflXS Wednesday Change KLSEOOMP ***** ♦1(192 NIKKEI 2» 114>4171 +197.96 BANG SENG _11,090.68 +302.06 SET INDEX 390.73 +1L10 JAKARTA COUP _54ti7 -913 MANILA OOMP .1,494.41 +11.14 TAIPEI WP1 *****8
    79 words
  • Article
    Lock icon FINANCE
    67 1 F0BEX1ATES uss ss USS (SS per USS) 1.830 £(l'S$/S$ per 1.445 1643 EUBO{US»/SS/E). 0.888 1.624 DM 2316 1211 YEN 131.0 71.60 RM 3.800 2.077 HKS 7.800 4JS63 BAHT 43.32 23.68 RUPIAH 9.44S 6,163 PUME BATES SINGAPORE* 525 KUALA LUMPUR 6.40 BONO KONO 5.125 JAKARTA 59.00 TAIPEI im TOKYO LS75
    67 words
  • Article
    Lock icon Stanchart is first foreign bank to join Nets
    463 1  -  Service expected to be launched on Jnlyl, with cash withdrawals later By Quak Hiang Whai [SINGAPORE] Foreign banks are opening up another new front in their battle for the local banking pie. Standard Chartered Bank has become the first foreign bank to
    463 words
  • Article, Illustration
    Lock icon IPOs: It's time to ask some basic questions
    853 1  -  BOCK LOOK HBW By' Ven Sreenivasan, R Sivanithy WITH the latest controversy stirred up by the trading in newly-listed water treatment firm Dayen Environmental, it may be time to ask some fundamental questions about IPOs. Is an IPO meant to raise capital
    Source: Bloomberg  -  853 words
  • Article, Illustration
    Lock icon Greenspan says a rate rise can wait
    593 1 Bat he issues warning on oil price surge Bloomberg Reuters, AFP, AP [WASHINGTON] US Federal Reserve chairman Alan Greenspan indicated yesterday that US interest rates are set to remain at a 40year low until a sustained, solid economic expansion is clear. He also
    Bloomberg; Reuters,; AFP,; AP  -  593 words
  • Article, Illustration
    Lock icon S'pore's key exports continue to disappoint
    605 1  -  NODX falls larger than-expected 17.3% in March By i Chuang Peck Ming [SINGAPORE] Singapore's key non-oil domestic exports (NODX) tumbled 17.3 per cent in March from a year ago a fall larger than what analysts expected. And this was after they had already revised
    Source: Int'l Enterprise S'pore  -  605 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      98 1 IHHIPM Exec Suit* S'pore hotel market seen heading for stability. Pg 13 BizlT Kenneth James: Wake up call for late movers. Pg 18 Top Stories Tung Chee Hwa unveils new style of HK governance. Next Pmge DBS Vickers remisiers to issue a petition. Pg 3 Outlook for world equities dims
      98 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      21 1 II 1 v 1 >■ I v.. If ip Upuii mv< 1,.. »'<:•""•-•* on. i\ i i i i\'i ii I' I'M'* (.'II',
      21 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      12 1 Extracts of speech, Pg 8 BeetraaflM export fall slows down, Pg 7
      12 words
Page thumbnail Page 2
  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon A Few Good Auditors
        285 2 A RE-CREATION of a scene from the movie, A Few Good Men: Counsellor Tom Cruise: 'Did you order the shredding?' Partner Jack Nicholson: 'You want answers?' Counsellor Tom Cruise: 'I think I'm entitled.' Partner Jack Nicholson: 'You want answers?!!' Counsellor Tom Cruise: 'I want the truth!'
        285 words
      • Article
        Lock icon Cheers—from across the seas
        103 2 HERE'S an unusual way to show support for your football team. During a press conference this week to announce its support of the S-League Home United Football Club, Emirates played a specially-made video featuring words of encouragement and support from Chelsea Football Club players, such as
        103 words
    • Article
      Lock icon Correction and clarification
      64 2 OUR report yesterday "UOB set to close 20 branches soon", said UOB has retrenched 2,373 staff since its takeover of OUB last year. The figure should be 1,373. We are sorry for the error. The same report also said UOB plans to close its OUB Hougang branch
      64 words
    • Article
      Lock icon MAS aligns brokers' capital rules with risks
      588 2  -  Risk-based capital framework could spawn niche players; analysts By\ Serena Ng [SINGAPORE] The Monetary Authority of Singapore yesterday revamped the capital requirements for stockbrokers in line with its emphasis on a risk-based regulatory framework. Under the new rules, brokers will have to maintain
      588 words
    • Article, Illustration
      Lock icon Tung unveils new style of HK governance
      468 2  -  He will have 14 political appointees functioning as ministers From Audrey Tan in Hong Kong IN an attempt to beef up his much-criticised government, Hong Kong's Chief Executive Tung Chee-hwa yesterday outlined plans for a new system of Cabinet-lev-el appointees, likely to include
      468 words
    • Article
      Lock icon Budget to be delivered in full during market hours on May 3
      296 2 Decision taken in view of fast and wide reach of live broadcasts (SINGAPORE] In a departure from Singapore's usual practice, Deputy Prime Minister and Finance Minister Lee Hsien Loong will deliver the entire FY2002 Budget Statement while the
      296 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      405 2 KPMGSeminarSeries Budget 2002 Tuesday, 14 May 2002, 9.00 am to I.oopm Orchard Hotel Singapore What The Sub-Committee on Taxation, CPF, Wages and Land of the Economic Review Committee (ERC) has just released its recommendations for the restructuring of the tax system to ensure that it stays relevant. The recommendations included
      405 words
Page thumbnail Page 3
  • SINGAPORE companies
    • Article, Illustration
      Lock icon DBS Vickers remisiers to issue a petition
      699 3  -  They drop plans to sue company after collecting $10,000 for the purpose By i Catherine Ong, Loh Hui Yin DBS Vickers' remisiers have dropped plans to sue the firm over its online strategy after collecting $10,000 for the purpose and will instead try
      699 words
    • Article
      Lock icon Outlook for world equities dims over past month: Merrill
      369 3  -  Poll of3oo fond managers shows growing negativity By Quak Hiang Whai THE outlook for world equities has deteriorated in the past month, according to a survey of fund managers by Merrill Lynch. Institutional investors say profit expectations fell back, interest-rate prospects
      369 words
    • Article
      Lock icon ETF: promising start despite glitch
      476 3  -  Error trade caused distorted closing price of $1.32, instead of $17.76 By Serena Ng A TRADING error yesterday, during the market closing routine, caused the new street Tracks exchange-trad-ed fund (ETF) that tracks the Straits Times Index to close at a distorted price on its
      476 words
    • Article
      Lock icon SingTel targeting 8% of regional hosting market
      490 5  -  This will bring in $200 m in annnal revenue by 2005 By 1 Tang Weng Fai SINGAPORE Telecommunications Ltd has set itself an aggressive target of capturing 8 per cent of the regional data hosting market by 2005, providing the group with $200
      490 words
    • COMPANY Briefs
      • Article
        Lock icon SPC's Q1 profit jumps 13 times to $17m
        71 5 SINGAPORE Petroleum Co said first quarter profit Jumped to $17.3 million from $1.35 million. Turnover came to 1506 million, down from 1615 million. The Keppei Corp subsidiary cited the steep rise in crude and product prices for its strong performance. Crude prices
        71 words
      • Article
        Lock icon Kep T&T swings back with Q1 profit
        33 5 11.3 million, or 0.2-cent a share, period. Sales roee 7.3 per cent to $174 million. The company expects second quarto-results to improve over the first quarto's.—Bloomberg
        33 words
      • Article
        Lock icon Chartered CEO paid US$11.3m in 2001
        65 5 CHARTERED Semiconductor Manufacturing paid chief executive Barry Waite US$ll.3 million last year even as sales slid during thermion. Mr Waiter paid a salary of U*****,000, a bon us of US$633 million and stock options valued at U557.25 million. No year-ago figures were given in
        65 words
      • Article
        Lock icon Fastech posts US$2.2m Q1 loss
        76 5 FASTECH Synergy incurred a USS2J million loss for the first quarto ended March 2002 and blamed this loss on "a drop in revenues due to continuing unfavourable business conditions". Sales during the period fen 59 per cent to US$3.l million. The group saki that while
        76 words
      • Article
        Lock icon Ayala gets needed 90% to delist unit
        59 5 PHILIPPINE conglomerate Ayala Corp has garnered the required 90 per cent in Ayala International .Holdings to take the mainboard-listed firm private. Yesterday. HSBC. on behalf of Ayala imtt Bfliitmy Investments, said a 90.09 per cent stake has been acquired. This makes Ayala's cash
        59 words
    • Article
      Lock icon People's Food prepares to apply for HK listing
      302 5  -  By Geraldine Lor CHINA-BASED food producer People's Food Holdings yesterday announced that it is eyeing a listing on the mainboard of the Stock Exchange of Hong Kong. The company has appointed CLSA Equity Capital Markets and UOB Asia to facilitate the move
      302 words
    • Article
      Lock icon KepLand Q1 earnings rise 8%
      387 5  -  HypoVereinsß&nk to help securitise sales proceeds By Kalpana Rashiwala KEPPEL Land, which yesterday reported an 8 per cent rise in Ql net earnings to $25.2 million, said it has appointed HypoVereinsBank (HVB) as lead arranger to securitise sales proceeds from three residential projects to bring
      387 words
    • Article
      Lock icon Raffles posts $4.3m Q1 profit
      273 5  -  By Andrea Tan RAFFLES Holdings Ltd yesterday reported a net profit of $4.3 million for the quarter ended March 31 thanks to the sale of a piece of land in Shanghai. The $4.3 million net profit is a 60 per cent fall compared with the
      273 words
    • Article
      Lock icon Ed Ng retires as director of Raffles Holdings
      148 5 ED Ng, executive vice-presi-dent (corporate) of proper-ty-based Capita Land, has retired as director of Raffles Holdings Limited (RHL). RHL, the listed hospitality arm of Capita Land, also announced yesterday that Lui Chong Chee was appointed director from Tuesday. Mr Lui is Capita
      148 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      58 3 Rh *"> firtVy I^IMS I Mr Tfiyflrr T *3 T\ M BL^ Mfß Ji B B B*B M B B Jfl B jmbß R »A jB B B B Jg| B V II BBg\ > .JmHlilß B B ■KtS&v H H ■k B IB v I »v- *«B I ■ui
      58 words
Page thumbnail Page 4
  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      267 4 OTHER SINGAPORE INDICES Apr 17 VALUE CLOSE WMHES 69.00 -f 150.00 WOW -*****.00 ->43.00 -*****.00 ♦7.00 466.20 +0.02 166.58 +2.57 1561.56 -8.61 WfpMnPUp 435.31 +3.13 HflflBppwt 222.41 +0.49 ■BOhhw 222.80 +0.70 BeyonicsiOc 38.566.000 aS^OOO PNEMtaonSc 27,444,000 0C. 27,024,000 SJSffiL *****,000 15,603,000 15,547XXX) 10c 15,544,000 L&M50C 14,484,000 ASTllOc 13,729,000 Chart Semiconductor
      267 words
    • Article, Illustration
      Lock icon Trek still within rising channel alter hitting resistance
      256 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan IN a move which is relatively rare these days, Sesdaq-listed Trek 2000 International has just upgraded its earnings forecast for the current year. On Tuesday, the storage solutions specialist said it expected a doubledigit growth in
      256 words
    • Article, Illustration
      Lock icon STI drifts as tracker fund makes debut
      795 4  -  11 comment STOCKS r. sivanithy IT may sound a bit tired and overused but "buy in anticipation, sell on fact" is a well-worn stock market maxim that has proven particularly apt in describing movements in the local stock market. Yesterday's trading was a
      795 words
    • Article, Illustration
      Lock icon US$ dips ahead of Greenspan testimony
      577 4 Harket also awaiting fresh developments in Middle-East conflict AFP [TOKYO] The dollar eased against the yen yesterday on caution about a US economic recovery ahead of key testimony by US Federal Reserve chairman Alan Greenspan, dealers said. Investors were also awaiting news from the
      AFP; AP  -  577 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2942 4 UNIT TRUSTS FUNDS AM AmroAaetMgt (S'pore) Star Europe Eqiy! A 0 J07/ Star Europe Bd 0 965/ Star Europe Bal OJW Star Asian Tiger Eqty 084/ Star Asm Bond 1J67/ Star Asia Balanced 0895/ Star Global Technology Fund!" 026V Star Bhv Finance Japan Find!** 0.765/ Star Asia BondflJSD) 0.69/ AM
    2,942 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      120 5 msnnaj C\ TELAH DIHAMTM LEVERERAT lUGESTELLT •DOSTAVLJENO az/ra DELIVERED The world. Now delivered faster, easier better. With Asia's new delivery system. Now deliveries from Asia to the rest of the world, and back, will experience a brand new level of service and efficiency. Thanks to UPS' spanking new air hub
      120 words
Page thumbnail Page 6
  • SINGAPORE news
    • Article
      Lock icon JTC wants to go down under at Jurong Island
      479 6  -  Objective is to stare petrochemicals under greond; study new underway By 1 David Boey SINGAPORE'S biggest industrial landlord, JTC Corporation, has almost completed a year of geological testing on Jurong Island with a view to building rock caverns under the island
      479 words
    • NEWS Roundup
      • Article
        Lock icon BP matches Caltax pump price hikes
        104 6 BP yesterday raised petrol pump prices by three cents per litre and dieael rate by two cents. It was the second oil company after Caltex to raise prices twice ins month. The other players—Shell, ExxonMobil andSPC —have yet to adjust pump rates, bat are
        104 words
      • Article
        Lock icon FJB to sell Emanuel Ungaro
        48 6 FJ BENJAMIN, a mninhnrri Ihrfad mhitW said yesterday it has been appointed exclusive retailer of Emanuel Ungaro ready-to-wear clothing and accessories. Terms of the agreement give FJB exclusive rights to the Emanuel Ungaro link in Singapore for five years, from January this year.
        48 words
    • Article
      Lock icon Holland Park plot up for auction
      282 6  -  By Vince Chong A 23,000 sq It freehold plot at Holland Park that can be developed into a 20-odd-unit residential project will go under the hammer next month, for the second time. Jones Lang Lasalle (JLL) is handling the auction on May 8 for
      282 words
    • Article
      Lock icon COE prices firm up on order backlog
      426 7  -  Premiums for categories B and E rise by more than $1,000 to highest levels since 2000 By Christopher Tan COE prices remained firm in the tender ended yesterday, bolstered by a sizeable backlog of orders from car buyers. Among car premiums, Category B
      426 words
    • Article
      Lock icon Laggards in denial until it's too late, says Harvard guru
      514 7  -  Bnt pace-setters have the will to adapt in digital age By Anna Teo TYPICALLY they'd be in denial of the need to change, but when they learn it too late, the denial turns to anger and blame, at others' success.
      514 words
    • Article
      Lock icon Electronics export fall slows down
      290 7  -  Ri^oi^n^economy electronics By Chuang Peck Ming THE outlook for electronics exports brightened in March after a sharp dive in February. While the 28.7 per cent plunge in February, from a year ago, was not all that surprising because erf a shorter working month largely because
      290 words
    • Article
      Lock icon Better to promote results-based pay
      142 7  -  MAILf«T-TTI Jim James Director, East West Public Relations Singapore I REFER to your article "Professional services to lead pay rises in '02: survey" by Anna Teo (BT, April 17). I can't help thinking that talk of pay rises without mention of increases in productivity or
      142 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      337 6 Exduuvmiy Ah MAKE MINE MAYER www.mayer.com.sg QjHAJ WOHD CJTY CAUSEWAYPOINT IMM BUILDING NOVMASCMMB SUNTK OTT MAii UMIAMGAN PIAZA fl i V ***** 4079 fPSffincc 102-130 U: 6837 8757 101-03 U: 6842 9841 "f f M. 6838 4079 U: 6767 1017 U: 6563 4288 U: 6259 5055 Daily I 2m -lOon
      337 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      423 6 ***i if i ■Ufrwm>a^<r»/injiin^7i, > t,,, IN THC MATTER Of THE COMMUNES ACT. CAP. 90 (w*-. norawi AND IN THE MATTER OF KEUfTT HOLDINGS (SINGAPORE) PIK LIB It" M.nihil- V.l.f, u« iMi 4 NOTICE Of RESOLUTIONS At an EjdroorAnary G mnmrai MmKu aI Aa Company Md al Carton M H«
      423 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 3
      250 6 AUCTION As instructed by Pataylna Find Incoma (In Liquidation) Large Quantity of Nissan Buses St Ford Laser Taxis First Auction Date: 30th Aprfl 2002 Location: Sahid Jaya Hotel Jakarta. Indonaaia For Enquiry pliw contact Dovabid (Singapore) Pte Ltd l»M'iJ;ll»l Tal: (CS)C3U42M Fax: (65)*****469 www.oovecHa.cOfn m •saocmbon w0) PT Tnagung UMnmu
      250 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 4
      208 6 Bl THE MATTER OF THE COMRMES ACT, CAP JO ANO MTHEMATTBIOF WXWO BUS ABU RkORC (PTE) LTD NOTICE S HEREBY OWEN pursuant to Section 308(1) d toe Companiaa Act Cap that a Final Ganaral Meeting of the abovenamed Company win be held at 8 Croas Street *17-00. PWC Building. Singapore
      208 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      189 7 introducing a new powerhouse in the world of stock trading. jdkHHB|V DBS and TD Waterhouse bring you a more profitable way to trade. P'Ck from stocks in Singapore, the United States, Canada, Hong Kong, Shanghai and Shenzhen. C-311 our helpful 24-hour customer support or go online and your trade's executed.
      189 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      198 7 CRYPTIC CROSSWORD 31 Oy.though in the pink (5-2) 13 Spirt career (4) 28 Location? Listen to sense (4) DOWN 14 Hula-hoop expert at the dr- YESTERDAY'S SOLUTION 1 to shame for having ago 1g of garage 2 Exhausted artist had dinner < 9 > SSnito NoSS?, va outside (7) 17
      198 words
Page thumbnail Page 8
  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon How nations will prosper this century
      732 8  -  |7TT4 bottom line OPINION paul samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LAT-WP MAYBE a new model of 21st-centu-ry growth is beginning to take shape. A country America, Britain, Japan or Mexico can learn some things from
      LAT-WP  -  732 words
    • Article
      Lock icon IN OTHER WORDS
      111 8 'In the interest of generosity of spirit, I have forgotten them all. But I do dance a pretty mean tango.' Qu i* Pitts EU commissioner for external qffairs and former Hong Kong governor, on a visit to Beijing. Chinese media used to refer to him as a
      111 words
    • Article
      Lock icon Cleaning up Indonesian banks
      550 8 EDITORIAL THERE is something oddly unconventional about Indonesian banking. A sound economy needs sound banks. But in Indonesia, economic growth has come despite a weak banking sector. The good news is, despite weak banks as well as seemingly endless infighting among the political elite, the World
      550 words
    • Article, Illustration
      Lock icon Foundation for economic expansion has been laid
      1667 8 We reproduce here extracts of Federal Reserve chairman Alan Greenspan's speech yesterday on 'Monetary Policy and the Economic Outlook' before a Joint Economic Committee hearing in Washington. AS we noted in our statement following the Federal Open Market Committee meeting j in March,
      AFP FILE PHOTO  -  1,667 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      82 8 Memb e r s Only <Ii I I t w. I I■ t it- tI rijl > JI J t f, v,, Alpine Golf Club...Thai Country Club... Rose Garden Golf Resort Amazing Family Golf B.inqkok J' JMI 1I 1 l 4 Days fr $028 < Go,,ers > 5578 Non Golfers)
      82 words
Page thumbnail Page 9
  • REGIONAL news
    • Article
      Lock icon MPHB leaps 12% on speculation of change in owners
      422 9 KUALA LUMPUR Report which said debt revamp chief may become CEO sparked movement Reuters SHARES of diversified Mul-ti-Purpose Holdings Bhd (MPHB), which controls Malaysia's biggest lottery operator, jumped as much as 12 per cent to a 21-month high yesterday on talk
      Reuters  -  422 words
    • Article
      Lock icon Cracks showing in Oriental's ties with Honda
      227 9 Reuters [KUALA LUMPUR] Malaysia's Oriental Holdings Bhd, less than a year after losing exclusive distribution rights for Honda vehicles, has hit problems that may unravel decades-old ties with the Japanese auto giant. Oriental was sole distributor for Honda cars until last July, when
      Reuters  -  227 words
    • NOTE Book
      • Article
        Lock icon HK's Q2 Tracker Fund units sold out
        84 9 Reuters [HONG KONG] All remaining units from the second quarter sale of the Hong Kong Tracker Fund sold out yesterday, the fluid's manager said, indicating investors believe the stock market may have hit a short-term bottom. The government put 530 milUon units worth
        Reuters  -  84 words
      • Article
        Lock icon Petronas to start Morocco drilling
        35 9 Reuters [KUALA LUMPUR] Malaysia's state oil firm Petronas will start driUingfor oil in two exploration blocks offshore Morocco by the end of this year, the Bernama news agency reported. —Reuters
        Reuters  -  35 words
      • Article, Illustration
        Lock icon New CEO for Arab-Malaysian Bank
        51 9 [KUALA LUMPUR] Kung Beng Hong (right), the former chief executive erf Overseas Union Bank in Malaysia has been appointed the new CEO of Arab-Malaysian Bank with effect from today. Mr Kung, 57. left OUB last yearfollowing the takeover of its Singapore parent by United Overseas
        51 words
      • Article
        Lock icon Pipeline company bid results out soon
        65 9 Bloomberg [JAKARTA] Indonesia's state-owned gas company said it win announce on April 26 the winner of a stake in a company that will build a natural gas pipeline from Sumatra to Singapore. Two groups, including one with Malaysia's Petroliam Nasional Bhd and a unit
        Bloomberg  -  65 words
      • Article
        Lock icon BP, Jakarta to start talks on dispute
        96 9 Bloomberg [JAKARTA] BP Pic will begin talks by the end of May over the extension of an Indonesian gas field contract that may cost it the priority sales to one of Indonesia's most populous provinces. BP wants to extend its contract for the
        Bloomberg  -  96 words
      • Article
        Lock icon Thaksin hospitalised
        49 9 AFP [BANGKOK] Thai Prime Minister Thaksin Shinawatra was admitted to hospital yesterday with a bout of food poisoning, his private secretary said. It was the second time this month the leader has been hospitalised, after he had an ear infection that required five days of treatment. —AFP
        AFP  -  49 words
    • Article
      Lock icon Commerce Asset may offer up to US$92m for Bank Niaga
      329 9 Bloomberg, Dow Jones Newswires [KUALA LUMPUR] Commerce AssetHoldings Bhd, one of four bidders for 51 per cent of Indonesia's PT Bank Niaga, said it may offer as much as US$92 million, according to a company executive who declined to be
      Bloomberg,; Dow Jones Newswires  -  329 words
    • Article
      Lock icon HKEx may extend hours
      240 9 HONGKONG At least 2 more trading hours may be added Reuters, Dow Jones Newswires HONG Kong Exchanges and Clearing Ltd (HKEx). the territory's stock exchange operator, said yesterday it expects to submit a proposal on extending stock trading hours in the next two months. Kwong Ki-chi,
      Reuters,; Dow Jones Newswires  -  240 words
    • Article
      Lock icon Foreign investors piled into Thai stocks in Q1
      349 10  -  18b baht flows in despite Feb sell-off sparked by Calpers From Harish Mehta in Bangkok FOREIGN investors returned to Thai stocks with a vengeance, becoming net buyers in the first quarter of the year, after heavy net selling in the same period
      349 words
    • Article
      Lock icon Ibra invites bids for ex-Salim property unit
      212 10 JAKARTA Bloomberg INDONESIA'S bank rescue agency has invited bids for a controlling stake in a former Salim Group property unit that owns some of Jakarta's prime real estate. PT Holdiko Perkasa, a unit of the Indonesian Bank Restructuring Agency responsible for selling Salim
      Bloomberg  -  212 words
    • Article
      Lock icon Equitable PCI in doubtful write-off
      78 10 MANILA Bloomberg EQUITABLE PCI Bank, the third-largest Philippine lender, may have broken the rules when it wrote off bad loans against capital rather than earnings, central bank deputy governor Alberto Reyes said. The bank would have been unprofitable had it deducted 4.2 billion pesos (*****.6
      Bloomberg  -  78 words
    • ASIA Notes
      • Article
        Lock icon Indonesia expects 3.5-4% Q2 growth
        62 10 Dow Jones Newswires (JAKARTA] Bank Indonesia said yesterday it expects the economy to grow by a faster 3.5 per cent to 4 per cent year-on-year in the second quarter doe to the improving investment climate. Hie government hasn't announced first-quarter gross domestic product yet, but
        Dow Jones Newswires  -  62 words
      • Article
        Lock icon HK jobless rate seen rising to 7%
        100 10 Bloomberg, Reuters [HONG KONG] Hong Kong's jobless rate probably rose to a third straight record in March as companies such as Pacific Century CyberWorks Ltd and Television Broadcasts Ltd fired workers to cut rorts Unemployment probably rose to 7 per cent in March
        Bloomberg,; Reuters  -  100 words
      • Article
        Lock icon Silicon Magic shelves HK chip project
        81 10 Bloomberg [HONG KONG] Silicon Magic Corp, a US-based memory-chip designer that's partly owned by Toshiba Corp, said it shelved plans to build a US$2 billion chip plant in Hong Kong after the government refused to back the venture. "The government, which had offered to
        Bloomberg  -  81 words
      • Article
        Lock icon PwC to absorb Andersen ops on July 1
        60 10 Reuters [HONG KONG] PricewaterhouseCoopers will absorb the Hong Kong and China practices of embattled accounting firm Andersen on July 1, the firms said in a joint statement yesterday. The enlarged firm, which will operate under PricewaterhouseCoopers' name, will have 6,000 staff, half
        Reuters  -  60 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      345 9 Q: Is it true that Private Banking is changing? A Yips. Client needs are evolving as K-jfeiPSj**" information becomes globally available. At some institutions. Private Banking still consists of a personal banker selling mutual funds. The Private Bankers at The K Citigroup Private Bank act as trusted t global advisors
      345 words
Page thumbnail Page 10
  • Article, Illustration
    Lock icon FINANCE
    1106 10 Transaction date: Apr 7 DtTEKBAMKCBOgSKATES a Ml Em Ftr >i m Yw Wm Ml igHtte N» S$ tm Sir H Hml tfS$ MrtHto 0.546 4440 0.603 3.177 L186 4.173 26.113 50.535 0.701 7.066 2.033 1211 32*1 ***** am 6.003 0486 *.705 23 W1 1370 0535 C4Mii 1*2 5250 0.70
    1,106 words
  • Article
    Lock icon COMMODITIES
    1465 10 SICOH FUTURES Apr 17 IWOlMmlCM^riaD RSSlOctnb/kt) an* Vataat Om «MN Lot Stt fggg) SI S3o Jn02 rr? m M 02 mm **02 123J0 KSS 3 (US ccatVkq) VataM Obm MHtt Mfh Lot Satt Ohms) Marat Sy02 55 3so Jan 02 66.00 2100 J-02 65.75 6525 65J0 250 S? **02
    1,465 words
Page thumbnail Page 11
  • Article
    Lock icon KLSE
    2465 11 Transaction date:Apr 17 KUALA LUMPUR W- cm* ASMRealty 1.42 002 637 Abric 2.12 0.05 443 ACPIrxfestnes .400 unch 512 Advance Synergy .062 0 04 2338 Affin Holdings fl.37 -o.oi 876 Ahmad Zaki Res .505 0.13 132 At Corp 540 unch 207 168 004 894 AKN Technology 6.55 0.10 362
    2,465 words
  • Article
    Lock icon SGX
    567 11 Transmlum date: Aw 17 5 Win mm w O— nd tS m SS OMrt SamKond 2fc 1J1 4 uo 2f? I" 4 aKX) at» Oe» SOt 225 6 350 «o (00 M Jg O-B-TJfc 0J3 21 400 ST* ?i2 0«Gn» 1145 ***** 2?£ 22 iWkDUSSXc 09 arm 1JJ00 -0200
    567 words
  • Article
    Lock icon BONDS & WARRANTS
    478 11 BONDS WARRANTS WCm tarn "dT L 22 Mm TS AST1W*****1 i« s« i VmiLMWXIlH j 05 IM 1 w AmWtVKHOblO m 1,7 AnnnrOTtUVMCin ,1J> '33 1 1 45 3S Armstrong W*****0 5 1 10 WoodPW*****2 45 J B Oar 6*SA*****1 10k 1 2442 1100 Oar 6.5******01 10k •onocHsMKUIOIS 05 0o*taadVMM00(B
    478 words
  • Article
    Lock icon STOCKS ASIA
    4983 11 i Transaction date: Apr 17 for more, go to unwvjasiaonenmarketsjcom HONG KONG Mi ma *t- tm AcrossAsia Multimedia 0.25 unch 130 Alpha General 0.03 unch 0 AmoyProp .8.00 0.10 S310 AnandaWingOn 005 inch 344j0 Angara New Steel H 1 JO -0.01 3682 Annui Conch H— i40 0 03
    4,983 words
  • Page 11 Advertisements
Page thumbnail Page 12
  • REGION world
    • Article
      Lock icon Beijing curbing IPO subscription
      324 12 SHANGHAI Restrictions on demand for new shares come as regulators seek to quicken pace of listings Bloomberg CHINA will restrict individuals subscribing to new share sales, in an attempt to curtail IPO speculation as regulators prepare to quicken the pace of companies going public. Under a
      Bloomberg  -  324 words
    • Article, Illustration
      Lock icon Bush's trade powers Bill hits Senate roadblock
      588 12  -  Democrats tie Bill's approval to health benefits for displaced workers From] Leon Hadar in Washington EARLIER indications that Congress would move soon to approve a Bill providing the White House with a trade negotiating authority are giving way to political and legislative bickering
      588 words
    • Article
      Lock icon S&P to HK: cut deficit or face downgrade
      142 12 AFX (HONG KONG] Standard Poor's has warned it will downgrade Hong Kong's credit rating unless the government cuts its budget deficit within the next few years. South China MonUhg Post reported, quoting associate director Chew Ping. The government has to do more
      AFX  -  142 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      1177 12 -aSt Singapore ails festival 2802 30 may 23 june HHHBB concerto for water percussion and orchestra the gate: orchestral theatre iv multiplicity forms of silence and emptiness m m Win K snppvc SPPMy VUUlfl (China/Singapore) CHPWI KM It M 9 (Spain) Award-winning composer Tan Dun conducts the SSO with his
      1,177 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      512 12 LOST CERTIFICATES The following share certificates have been reported lost, mislaid or destroyed by the shareholder NWErtCfIIWIW Ctrt. No. No. of Shu mttMiumtof Ayaia international *****246 1.000 Saw Hong Pod Hottngs Umrted ******7 1,000 Saw Hong Poti *****057 500 Estate ofKokHm Chong, dee d *****184 1,500 Estate of Kok Hm
      512 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 3
      341 12 M THK MATTER Of THE rOMPftNKS ACT, CAR 50 AND M THE MATTBt Of QUEK KOH CHAY REALTY COMPANY (PRIVATE) LIMITED (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the members of the abovenamed Company wil
      341 words
Page thumbnail Page 13
  • WORLD news
    • Article
      Lock icon An accounting regulator for the US?
      416 13 WASHINGTON Hnse to vote on proposal, which is part of a bill to overhaul laws NYT A US House panel approved a sweeping overhaul of accounting and financial disclosure laws on Tuesday night, including the creation of a new accounting regulatory board. The panel
      NYT  -  416 words
    • Article, Illustration
      Lock icon Citigroup beats move to limit severance pay
      203 13 SEVERANCE PAT Bloomberg [NEW YORK) Citigroup Inc chairman Sanford Weill, who earned US$3O.3 million last year, overcame a dissident shareholder move to limit executive severance payments after the biggest US bank said the plan would hurt recruitment. The proposal to require a shareholder
      Bloomberg  -  203 words
    • Article
      Lock icon Stanchart to pay former CEO £3.2m
      196 13 Bloomberg [LONDON] Standard Chartered pic will pay former chief executive officer Rana Talwar as much as £3.2 million (SsB.s million) in final compensation. The lender will pay Mr Talwar £590,000 next month and then £394,459 every three months through August 2003, the company said.
      Bloomberg  -  196 words
    • Article, Illustration
      Lock icon US Q1 tech earnings fuel optimism
      523 14 NEW YORK Intel profit meets expectations while Motorola's loss less than forecast Bloomberg, Reuters WITH the busiest fortnight for reporting first-quarter results now under way, tech earnings have come in better than expected. On Tuesday, Intel Corp and Motorola strengthened that optimism triggered by
      Bloomberg,; Reuters; Source: Intel  -  523 words
    • Article
      Lock icon Trade deficit widened to US$31.5b in Feb
      268 14 LATEST US INDICATORS AP [WASHINGTON] THE United States' trade deficit widened to US$3l.5 billion in February as Americans' appetite for foreign-made cars, TVs and other goods increased, reflecting the budding economic recovery. The Commerce Department reported yesterday that the deficit was 11.6 per
      AP  -  268 words
    • Article
      Lock icon Weakness on most fronts drives JP Morgan's Q1 profit down 18%
      430 14 NEW YORK Earnings came to USs9B2m, or 48 US cents a share Reuters, Bloomberg JP Morgan Chase Co Inc yesterday posted an 18 per cent drop in first-quarter net profits because of investment losses, large problem loans, and a
      Reuters,; Bloomberg  -  430 words
    • OTHER Results
      • Article
        Lock icon Merrill Q1 earnings decline
        64 14 Reuters [NEW YORK] Merrill Lynch Co yesterday mpytwi a decline in first-quarter profits due to lower from trading stocks and weak investment hanking activity. Its earnings fell to US$647 million, or 67 US cents a share. That was down from earnings of US$B74 million, or 92
        Reuters  -  64 words
      • Article
        Lock icon Boeing Q1 profit falls 21%
        67 14 Reuters [CHICAGO] Boeing Co yesterday said it earned US$6O2 million, or 75 US cents a share before charges, in the first quarter, missing Wall Street estimates. Boeing's profits were down 21 per cent from the first quarter of2ool, when it earned US$76l million, or 86
        Reuters  -  67 words
      • Article
        Lock icon Ford posts fourth straight qtrly loss
        69 14 Reuters [DEARBORN, Michigan] Ford Motor Co reported an Ui>sBoo million first-quarter net loss yesterday as declines in its bread-and-butter US sales and market share added to its massive losses posted in 2001. The result compared to net income of US$l.O6 billion In the same
        Reuters  -  69 words
      • Article
        Lock icon Pfizer posts 22% rise in Q1 profit
        73 14 Bloomberg [NEW YORK] Pfizer Inc, the world's biggest drugmaker, said first-quarter profit rose 22 per cent with higher sales of its Lipitor cholesterol pill and other medicines. Net income rose to U552.36 billion, or 37 US cents a share, from US$l.93 billion, or
        Bloomberg  -  73 words
    • Article
      Lock icon Crude price up as US oil inventories tumble
      223 14 ■LONDON Bloomberg, Reuters CRUDE oil rose more than 3 per cent after US inventories fell more than expected and US Secretary of State Colin Powell failed to make progress in his mission to quell violence in the Middle East. Crude oil supplies
      Bloomberg,; Reuters  -  223 words
  • Article
    Lock icon SGX MAINBOARD
    3634 13 Transaction date: Apr 17 for live prices, log on to ummiasiaoiierriarketsjcom NM*LL i£ ,SL Smt *Kjf WtA«| T rii£iM| M» *4- fit m+ I— 8— uam Cm m «3 w5 9 6 ABNAmroMLG 56c 9 10 n? C t y M T*9? c 5 *«5 M 17 5
    3,634 words
  • Article
    Lock icon SGX XTRANET
    63 13 r-n rilL Mb lb«W M mem M, ft rmm m+ u» nam cw m i3 i55 'U® RIO i Diamonds USIOJSOcd M90 3830 s rSDJIK Teth US4S10 ...I*"*"** in 440 s IS MSO Spore US575 IJW *fl> 5 ISSAP500 US11M0 ***** «0s STOW US ***** 1 111*'** IBS
    63 words
  • Article
    Lock icon SGX SESDAQ
    1041 13 g On linn bOh Ohr CrtM Mat MCa Mm C —eg rw*» n»>wi* cw 7« «a TS 325 12 c ABRHtdgsSc 18 5 uncti 84 185 18 5 185 It 40.5 12 c APCMSc 205cd mti 14 20 5 20 5 20 5 215 5 lis ii 1J
    1,041 words
  • Article
    Lock icon CLOB INTERNATIONAL
    255 13 r-Tu.ttz t c?*? ir "a ,w tn u w.1 u nu —720 2.1 74 < *****2 Chcwg Kong50c HK 1780 Ml ***** o CMl»-Sohto«UMK. 51 53 2 7.6 3 9 50.5 1954 ®"5*® 00us 755 ii.i ii u »j *5 II GMingnUS 19 uncti 1827 MS «5 1*
    255 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      142 14 You can either keep up with a changing world. Or overtake it. Markets change, people change, global development makes our visions become reality and is shaping the future. Change is an on-going process that is getting faster and faster, but it does not only affect the economy and technology, it
      142 words
Page thumbnail Page 15
  • EXECUTIVE suite
    • Article
      Lock icon Hotel market seen heading for stability
      400 15  -  JLL Hotels' Scott Hetherington tells ANDREA tax he expects room rates to go up slightly in Q4 ANDREA TAN AFTER a roller-coaster ride last year, the Singapore hotel market is expected to return to an even keel this year, Jones Lang LaSalle Hotels said
      400 words
    • Article
      Lock icon New homes for sale
      612 15 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UMTS NO. OF PWCE TENURE P7CTETC PJ. M launched unttssold (Span AWgreen Properties 3 Cwealth AvtvSfcrling Fkj 914-2,723 732 709 548 99-yr Bhie Horteon FEO 5 West Coast Crescent 904-1,227 .503 388 560 ge-yr nMiJMic ••0330a Springstar Properties 9 River Valley
      612 words
    • Article, Illustration
      Lock icon Dishwasher to decorated hotelier
      471 15  -  By, Andrea Tan RICHARD Hart man had no intention to be a hotelier. Three decades on, numerous awards later and with much less hair now, he was named Asia Pacific Hotelier of 2001. "I was working at a restaurant at night and going to school in
      471 words
    • Article
      Lock icon Prime areas take 92% share
      361 15  -  By Vince Chong PROPERTIES in prime districts 9 and 10 made up 92 per cent of total market share between March 2001 and February this year, with sales improving towards end-2001. According to Realink, 128 caveats were lodged in December, representing a monthly increase of
      361 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      259 15 Th# Straits Ttants #T Classify vkart -Jg virtually mry f j —t fffllWf IS at your rnf'a flu |n« t nnQtrops. i i bILMLFMI 9 the globe 100 Cecil Street MORTGAGEE SALE BY TENDER Description A 15-storey office bmkfcng with basement carpark. Building completed in 1992 Location Good frontages and
      259 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      40 15 Excellent Seaview Sublease/Lease •Lift Frontage Approx. 4,800 sqft Fantastic Seaview Sublease/Fresh Lease Lift Lobby Frontage Approx. 2,700 sf V Fully Fitted High Floor with Excellent view I Fitted/Bare M Approx. 5,000 sqft (sub-divisible) Colliers International MHBMI Commercial |)||||l ***** 672/677
      40 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      302 16 The task was near impossible. As the business hub in Asia with full responsibility for sales and marketing operations, Hitachi Asia needed quick and easy access to all its regional offices. And vice versa. Connecting 40 offices with the least possible capital expense meant maintaining the old network infrastructure for
      302 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      149 16 I for over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial, banking and professional administration
      149 words
  • BIZIT
    • Article
      Lock icon HP set to build world's fastest Linux computer
      323 16 It wins USs24£m contract from US Dept of Energy Bloomberg [PALO ALTO, California] Hewlett-Packard Company said it will build the world's most powerful supercomputer using the Linux operating system (OS) for the US Department of Energy to study biotechnology and radioactive waste
      Bloomberg  -  323 words
    • Article
      Lock icon US online privacy Bill poised for a comeback
      580 16 Business groups brace for a fight despite less stringent draft LAT-WP [WASHINGTON] The political battle over online privacy largely shelved after the Sept 11 terrorist strikes is poised for a comeback as a key senator prepares to introduce a Bill requiring websites
      LAT-WP  -  580 words
    • Article
      Lock icon Sun Microsystems' Shoemaker retiring
      154 16 Bloomberg [PALO ALTO, California] Sun Microsystems Inc said executive vice-president John Shoemaker, who helped transform the company from a »mkw of small workstation computers to a seller of milliondollar servers, is retiring. Mr Shoemaker. 50, will vacate his post on July 1, spokeswoman Kasey Holman said.
      Bloomberg  -  154 words
    • Article
      Lock icon IBM, Hitachi form pact to clinch top spot in data storage
      329 16 Reuters [TOKYO] IBM Corp and Hitachi Ltd, the world's second and third-largest data storage systems providers, unveiled an alliance yesterday aimed at dislodging arch-rival EMC Corp from the top spot in the lucrative business. Hitachi, Japan's largest electronics company,
      Reuters  -  329 words
    • Article, Illustration
      Lock icon Sanctions hurt consumers, help rivals: economist
      415 17 MICROSOFT TRIAL Microsoft witness sees no basis for plan as Netscape, Java not harmed Reuters [WASHINGTON] An economist testifying for Microsoft Corp said antitrust sanctions sought by nine states were unjustified, over-regu-latory and would help Microsoft's competitors rather than consumers. University of Chicago professor
      Reuters; AFP  -  415 words
    • Article
      Lock icon Microsoft to help take Mexico online by 2006
      148 17 Dow Jones [NEW YORK] Mexico and Microsoft plan to announce an ap-eement to develop digital community centres as part of a broader eMexico" initiative meant to bring the entire nation online by 2006, The New York Times reported. Microsoft will contribute software,
      Dow Jones  -  148 words
    • Article, Illustration
      Lock icon Network Appliance upbeat on Asia-Pac
      536 18  -  Data storage provider will invest USs2sm in S'pore and has already set up regional HQ here. CHEW HOIFBN reports CHEN HUIFEN Nasdaq-listed Network Appliance Inc, which provides data storage products, said it will invest US$25 million in Singapore on facilities, systems and human resources over
      536 words
    • Article, Illustration
      Lock icon Wake up call for late movers
      767 18  -  IH comment INFOTECH Somewhere over the rainbow, there's a US$l trillion market waiting kenneth james The writer, BT's Technology Editor, is attending the Government Leaders Conference in Seattle IT'S wet and cold in Seattle right now, which probably suits Microsoft Corp just fine. More
      767 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      501 17 Incorporating chemicalsands«nncesftwrplSp^^^^^^ti^ ,t,on f equ,pment machinery Show Exhibition of machinery and technology for tissue producers and converters Exhibition of the complete range of paper and board j. t Symposium The region's leading management m Vital forum where highly respected industry leaders analyze racing pulp ft papermakers in Asia today. Give
      501 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      627 17 IWlW.TJiLanri Keppel Land Limited j (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR FIRST QUARTER ENDED 31 MARCH 2002 T>»e Directors of Keppel Land Limited advise the following unaudited results of the Company and of the Group for first quarter ended 31 March 2002: COMPANY GROUP 1Q2002 IQ2OOI
      627 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 3
      36 17 11 KSSmh 3 I L WLmJL~4 ■L rang mahal Buffet Lunch, Noon to 2.30pm Dinner 6.30pm to 10.30pm (Closed for lunch on Saturdays) Fir rmnMm, ofl us at (65) 6333 T786 •r (u (65) *****660 MnwAtNiMSt^TMHtaMllmSwiSiwnOjniS
      36 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 4
      51 17 n^^^^KyHNRH BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-gland ham, US Prime Rib of Beef and many more mouth-watering dishes to leave you spoilt for c choice. S Reservations: 831 6271/88 JSj Mandarin Singapore m *a 1 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 831
      51 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      216 18 e-besiness is Web-enaWag existing business processes 1 to conduct tnnsactions over tkalatemet.il can apen new doon to customers ma world, increase profits, MM improve efficiency end deliver better customer service. Jr f Stage 2 e-business is integnting con proceasas to establish closer, jmmmj J**- W mon ns P onshn relationships
      216 words
Page thumbnail Page 19
  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      263 19 Reuters THE Baltic Dry Index (BDI) fell one point to 1,103, the Baltic Panamax Index (BPI) was unchanged at 1,076, the Baltic Handymax Index (BHI) firmed 17 points to 7,778 and the Baltic Capes ize Index (BCD was down seven points to 1,366. ♦Irene Ve (built 1978) 81,700
      Reuters  -  263 words
    • Article
      Lock icon MARITIME STOCKS
      266 19 st *f- Ht CWT Distribution—0.86 -0.04 75 ChuanHup 0.43 -0.01 7T7 Cosco Invastmant --0-26 unch 966 rrttaht Link* 0.06 unch 120 OBHoMngs 0.73 unch 28 IMC HoWtngs-HK 5.60 unch 0 Jaya Holdings 0.26 unch 5745 KappalCorp 4.04 -0.02 16t1 K*pp« Marin* 0.19 unch 260 KappaiTala 1.03 0.01 82
      266 words
    • Article, Illustration
      Lock icon Strong penalties urged for substandard ship operators
      515 19  -  Responsible players most get incentives, so they won't be disadvantaged: OECD By Donald Urquhart [SINGAPORE] Strong disincentives and penalties for "unscrupulous" operators and charterers who use substandard ships is being advocated by the Organisation for Economic Cooperation and Development (OECD) in a hard-hitting
      REUTERS  -  515 words
    • Article
      Lock icon Japan's March ship export orders down 34%
      182 19 Dow Jones [TOKYO] Japanese shipbuilders secured ship export contracts for a total tonnage of 1.37 million gross registered tons (grt) for 33 ships in March, down 34 per cent from a year earlier, the Japan Ship Exporters' Association said. Industry sources have said
      Dow Jones  -  182 words
    • PORT Shots
      • Article
        Lock icon APL Logistics wins Panasonic deal
        49 19 [SINGAPORE] APL Logistics has secured a distribution contract with Panasonic Logistics Europe covering part of Germany. The supply chain management subsidiary of Singapore's NOL Group, APL Logistics will use its modern, consumer electronics-focused Hamburg distribution centre to supply Panasonic products to a set network.
        49 words
      • Article
        Lock icon Tanker aground off Baltimore
        99 19 Dow Jones [BALTIMORE] A tanker carrying 8 million gallons of gasoline, diesel fuel and kerosene ran aground Tuesday evening on the Eastern Shore after the ship reportedly lost its steering ability. None of the cargo had leaked from the Fulgur by late Tuesday and the ship's
        Dow Jones  -  99 words
    • Article, Illustration
      Lock icon Noble founder gives up chairmanship
      238 19  -  Major shareholder Tobias Brown takes over position By Beth Jinks [SINGAPORE] The founder of Singapore-listed, Hong Kong-based commodity trading company Noble Group, Richard Elman has split his role, relinquishing his chairman title in a shakeup described as "repositioning for growth". Mr Elman has been redesignated
      238 words
    • Article, Illustration
      Lock icon Panama Canal steps up security
      290 19 From Jane 1, ships will have to pay higher fee to use canal AFP [PANAMA CITY, Panama] Authorities are beefing up security at the Panama Canal, enlisting more security forces to patrol the waterway and inaugurating an automated system that will better identify approaching vessels.
      AFP; AP  -  290 words
    • Article, Illustration
      Lock icon Interested in bidding for a do-it-yourself cruise ship?
      619 20  -  MEWBUILDS -By David Hughes Tl HE events of September 11 last year effectively put a stop to cruise ship newbuilding orders. There are now signs that some of the major players are once again considering ordering. Given the current situation in the
      Xinhua  -  619 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      137 20 PAGE BSA 6 B tang Mas 6 CMA COM 3 COSCO 3 Columbus S Central Ei 4 China Shpg 5 Cougar 5 CWTGMwto* 6 Del mas 4 Dongnama 3 ECl 3 Evergreen 4 FoongSun 5 Fuhji 4 Fujrtrars 6 Cemartrms 4 Hangli 4 Hyundai 4 Heung-A 3
      137 words
    • Article
      Lock icon SHIPPING GUIDE
      11284 24 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advactisaf Vassal Voyage Tatapton* SIN Dasfn Nam* Nam* Numbar Numbar lb ABIDJAN (ABJ) 2003 Cot* D-|vo<r« 25/04 31/05 CMA CCM SAUDI JEDOAH I70W ********** 21/04 25/05 Dalmas HYUNDAI FREEDOM 30*W (*****7344 30/04 05/04 Kiwi Hung INTELLIGENCE CONTA IC202S ******003 30/04 07AM CMA CCM
      11,284 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        642 27 ss Voy No Berth Arrive! Departure Jni P«rt m U 3* JO 17/04/8:00 17/04/1700 GOIOOI A001 DB J06 17/04/1055 17/04/17 JO *WSTAR 2 ***** J03 17/04/8:20 17/04/22:00 VSTA J05 17/04/825 0/04/600 Tl A "20* J02 17/04/8:05 T7/04/1600 gTfA T7-Apr JOI I7/04/»:30 17/04/13-00 SMOOROMOAH JB043* *2 17/04/9:05 17/04/2359 AU.W
        642 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1768 27 RECEIYINC OF EXPORT Fa COWTAINERS AND LCL CARGO Booking/Balance Rstls »'P *<• Etb/Btr Period From To Fron aouuc ojw «m« u rrmoo rrvast ir/noo 17/isoo 17/ast nmoo a nmoo a/oast worn a nmoo im» «noo a/oroo a/nst a/aoo a/uoo a/ast amoo CMK imm* m n/tsoo n/ast (T/im I7/H00
        1,768 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        172 27 Aprfl 25 Australia: Anzac Day Italy: Liberation Day Day April 29 Japan: Greenery Day Mayl Singapore: Labour Day China: Labour Day Germany: Labour Day Hong Kong: Labour Day Italy: Labour Day Norway: Labour Day Philippines: Labour Day Sweden: Labour Day France: Labour Day South Korea: Labour Day Taiwan:
        172 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        799 27 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 average sized stem Market movements are indicated. The Cockett Bunker Price Index change and
        799 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        423 27 C Um «0 Ma 991.9 0.4 BJ 0.08 SI 0.03 D*witr —Iff IwMw AiHhmHlw TlMwirt No*a«eE2S 4 0 1 0 0 0 75ft 380 Ave 966 8 0.2 R.1 0.06 27 0.02 J22 380 "2-0 OA 17.8 0.06 it 0.04 W<rl »"/M ■*>* No tbovr G35
        423 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Airbus seeks to sell China up to 50 jets this year
        340 28 Planemaker deals to sell 20 A 320 aircraft to China Eastern Reuters [SHANGHAI] Airbus Industrie said it hopes to sell China another 30 to 50 aircraft this year, after signing a deal on Tuesday to sell China Eastern Airlines
        Reuters; FILE PHOTO  -  340 words
      • Article, Illustration
        Lock icon Virgin Blue plans A$3.6b fleet upgrade
        169 28 Reuters [SYDNEY] British entrepreneur Richard Branson said yesterday his discount Australian airline Virgin Blue was planning a A 53.6 billion (553.49 billion) fleet upgrade to cope with rapid expansion in the Australian domestic market. "We're in negotiations with both Boeing and Airbus to place
        Reuters; AFP  -  169 words
      • Article, Illustration
        Lock icon UPS' Philippine intra-Asia hub completes regional jigsaw
        545 28  -  New centre improves service by reducing delivery time by a few hours By, June Lim [SINGAPORE] With the launch of the intra-Asia hub at the former Clark United States Air Force Base by Philippine President Gloria Arroyo on April 4, UPS has slotted
        545 words
      • Article, Illustration
        Lock icon Narita airport opens second runway
        481 28 Share of landing slots for US airlines cnt in favour of regional carriers Bloomberg [TOKYO] Tokyo's Narita airport opened a second runway yesterday, easing one of Asia's worst air traffic bottlenecks and leaving US airlines with fewer landing slots at the world's eighth-biggest airport. Japan's
        Bloomberg; AFP  -  481 words
      • Article
        Lock icon SATS handles more cargo, passengers
        222 28 Bloomberg [SINGAPORE] Singapore Airport Terminal Services Ltd (SATS), whose biggest shareholder is Singapore Airlines, handled more cargo and passengers in March than a year ago. The company handled 127,620 tons of cargo and mail in March, or 5.2 per cent more than a year ago.
        Bloomberg  -  222 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1615 28 wt wtwr ra maw no MMMt 8*7301 1940 BA7382 Z2B w wt a Aafttrtoa HJ37 1510 6A974 0130 *U38 2225 S024 2345 Attmn $0347 0550 Aactla* U4306 2045 N243H 2100 «w »6 imb am —Wi enm mm at42i two um on> SOW MM H422 COO »4»
        1,615 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      28 19 Airbus seeks to sell China 30-50 jets Back Page 1 ft, fV-* h Thinking about penetration, exposure, results? if it's about Singapore's maritime community, think jM SHIPPING TIMES
      28 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      472 20 NORTH AMERICA 7 GULF/INDIA SUB-CONTINENT I j msaa I I I I I OOaOUVORMA iIWI4 10/04 21/04 30/04 NMUUBAW 08 10/04 11/04 13/04 21/04 ooq m* row 21 wis 17/04 07/05 Pto nbuoyd pmana ok 10/04 20/04 22/04 30/04 [ASIA EAST COA3T EXPRESS (AEX) POO HPUfITD M6OO 0)1 24/04 H/04
      472 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      52 20 WORLDGATE EXPRESS LINES PTE LTD I SO, Cecil Street, #16-03,04, Bwigkofc Bank BuHtflng, S*pore *****6 W Tel: *****911 Fax: *****073/*****863 Email: wgateGmbox2*ingneLcom.aa WEBSITE: hftp://www. wortdgaTe .com sg Chltt9flOnfl [cOt-OMBO iw rvßraCnl karachi/lahowe 19/04 Bombay MAOHAWWQ HE mciuiaa bombay 21/04 CHTTTAOONCVDHAKA 22/04 WHAVA BHEVA R H CALCUTTA 22/04 Port LOUIS PORT
      52 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 3
      572 20 Lines services represented by Members of ihe Registry of J Accr t^ Shipping Agents, NguzJis Singapore Shipping Association g UIT UM MJUI vcsa voy Ira ra fn* R UANG SPOKE MALI Princess Lily 0402 22/04 25/04 30/04 Empress Lily 0302 06/05 07/05 15/05 Princess Lily 0502 24/05 25/05 01/06 LAY
      572 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 4
      6 20 Members of the Singapore Logistics Association
      6 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      933 21 TO USA (SAX SHtVKE) VBSa VOY SIN ETA LAX OAK DAL HOU CM COL M£M ATI NYC tfIUMM 1041 24/04 01/05 13/05 13/ OS 13/05 13/0S 14/05 13/t> 15/05 15/05 AW SCOTLAND 10IE 01/05 U/05 20/05 10/05 20/05 20/02 21/05 20/05 22/05 22/05 *ncmm not 00/05 23/05 27/05 27/05 27/05
      933 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      1522 21 CAU. TO COLOMBO IZ1: 4 MTS EmSmmmm ltd SSSS2I% "SHSB n™,* l CR NO: 117t7t9000M TIL *****440 (MAM) MWAM (0/0) *****744 *****314/44 T/Sm D€FT M2OS42S *****314/44 COMVWTKMAI *****301/450 *****323/73 ¥SI*OT SCP HKG 5M OW IN IK WMIBMinUTI «*T "< t* HN U MO IB M Ml M n SM ML
      1,522 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 3
      461 21 VBSa W_ SiMttMCSHAKaUSMPUSK VOT SIM StG JW SW mmttjmsn m 11/4 a/4 1/5 ys m Bfl mum «s» w 11/ i w* »/< w< 4/s SfflS $fh ~W" W~ MKMMtt ass H/4 W4 W4 M/ 4 l/S 4/S TIITVTTTTHS MMMW WIWW4 w TESSA STpWO «amt OSN R/4 H/4 H/4 HTUP*I<UCWg«
      461 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      754 22 HYUNDAI MERCHANT MARINE CO., LTD. Hwipni: wwwJ—2l.t— O MO. *****H0000H VBsa m J*_ mu i« "15""act" "mam" m vcsa ~mT "ST "wi" "iw" "mam" ~m~ "TtT SL'Sr 5 ?2I! 2£! 14/04 I^J 4 ,7/#4 "am* 22/w n/oi 17/01 n/oi 01/04 "'2 2(2 v /M #s **««i im ii/n n/Mit/w 21/03
      754 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      691 22 m Ml LINES INTRODUCING; NEW WEEKLY EXPRESS SERVICE v^' to r MM Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. ASIA EXPRESS ISOA H/04 18/04 23/04 25/04 IS9A M/ 04 29/04 03/05 OS/05 >«M 11/05 09/0S IS/05 17/05 WPS >1/05 27/05 W/Q5 -5® p«mo imgn umm mm urnm
      691 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 3
      594 22 m I __WSKLY EXPRESS SAMJMG SCHHHJLE ALSO ACCEPTING TO ALL MOWTMEHW MP WESTERN ICQ POINTS gQM p lut rniotc ami rmnMn msauai voy n*/n# eta/itb eta/to fta/ttb nt/m vmuanajm ism —WHT~ miAWBASA WIH Tttit HUt —27(ft j"Jj} nm \mi smh _|jw__iijw_ igg imi 12 mi ism iinat mata mm hit
      594 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      1186 23 IVPaa. VOY KHH MKO SX I wg I PX6 6A6 DUMP mT~ ■AM ISFAHAN Ki-255 15/04 17/04 20/04 21/04 26/04 29/04 01/05 03/05 ■AN HOftMOZOAN KL-250 22/04 24/04 27/04 25/04 05/04 06/04 00/04 10/04 ■AN MAN KL-257 29/04 01/05 04/05 05/05 12/05 13/05 15/05 17/05 MV UNDAVIA KL-255 06/05 00/05
      1,186 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      407 23 UK CONTINENT SERVICE Loacftnglor DtMfTRA ROM/ATW/BMN/UK/NAN MARYLAKI ROM/ATW/BMN/UK/NAN Lo*rti Sfcyyore. E7W >idon— MIDDLE-EAST SERVICE Loadng tor ANAiS LANO JDH/AQA/DMT PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT LOKKJRTI AQA/JOH LOK PRATMA AON/HOO/JDH/AQA Toads Sbigvwre. Matayao. IndoneaM USA SERVICE Lowing tor LOKPRAKASH VCW/LAX/MZL HABIBE ANA CAM/NFK/SAV/NOL OM«OS CAM/NFK/SAV/NOL •Loado E/W. Matoya. todonaaa F.1./S.EA. SERVICES Spore Loadbigtar
      407 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 3
      564 23 -fc"ftr= jjg 111 tSzfc ■oma SS I M |S%I jygljMLjLyfflJ jS*l imi "/m 3!L bSm WMfc ——ffl 81 Ml JQ& m a ar -gasa- Jiii_3%—sa—%s- msa bk* m »/g jj&tJ hro-uMi mm h'/u -JHfl gL- SMBI l^=g==g===BN==tt=:= g3o~ jj*» is hbII Mr B fig£S a^——ff7B- -r 3 -gfijlw PK/K a/S
      564 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      299 24 BiiO -Mil sm Pll SOU HAM KTM AMI lIH mm JZMSB Ii3H—UAH 04/ns n/05 n/K nm i™ MBUMj 171IW H/M 24/ M 14/DS 14/05 17/85 ?I/DS U/Q5 IwnfDtYtSO 17AW 30/04 01/ PS lfflg 21/$ 22/115 25/ M 23$ VBW «W _BL ha GOA KM ros m skg SHfcS= lIIOKASIA SHARIAH
      299 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      249 24 I^r—% CWT GLOBELINK PTE LTD G* TL F own orncts in TEL:€ *****33 (39 LIMES) FAX:€ *****42 SYDHfYM£LBOU*NtKNANG-K>*T KtLANG-PAUB GUDANG-KUCHING-BANGKOK KARACHI-BOMBAY m. tew DfLHICOL OMBO-HO CNI MINH CITY HAIPHONG HANOI BHIMtN-HAUBUBG TIANJIN OINGDAO SHANGHAI XIAMEN fUZHOU-DALIAN-XIAN-BtIJING-SHI JIA ZHUANG iianjin QINGDAO DIRECT SAIUIHG TO: MUMBAI (BOMBAY) takw DELHI KOLCATTA (CALCUTTA) kamcßlV
      249 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 3
      222 24 BSA X MYANMA FIVE STAR UNE (Imm NatiaMi UM) LmJb| far Yma§m vKsa VOT m m rai m OMSNNCNAW sow si» NfiM VSMW SU MALAYSIA: MMKTUO SWPfMG ASOCKS OL 03-*****300 NL 03-317*4101 Kfc *4-2*124*2 BANK LINE (A sanrkt #f Aa4r*« HMr SUppb|) NORTHBOUND TO EUBOPf V CONttMX, KORO, MJUI HbWTUFTS
      222 words
Page thumbnail Page 25
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      127 27 Y\ bL FOR 7 AM 18 APR 2002 LEGEND: Issued by Meteorological Service Singapore R Thunderstorm Showers Rain Teniperature Wind direction and speed in knots Cloudy Day Weather w OO Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j
      127 words
Page thumbnail Page 28