The Business Times, 25 April 2002

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Microfilm: NL24434
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 01CV03/2002 SINGAPORE rue met: http://business-times.asial.com.sg THURSDAY. APRIL 25. 2002
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  • Article
    Lock icon MARKET SUMMARY
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  • Article
    Lock icon FINANCE
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  • Article, Illustration
    Lock icon Big jump in business performance, sentiment
    793 1  -  Sharp Q1 improvements broad based: CBRD By, Anna Teo [SINGAPORE] Business performance and sentiment rebounded strongly in the first quarter, led lately by big companies, and marked by improvements across a broader base. While the number of firms with lower sales, profits and new
    Source: CBPO/NUS  -  793 words
  • Article
    Lock icon CPF, property: Only 'subtle' changes seen
    627 1  -  Removing CPF uncertainty may revive home-buying in Q3, says Goldman By Andrea Tan, Vince Chong [SINGAPORE] The Economic Review Committee's impending changes to the Central Provident Fund system are now expected to be more muted than what the market earlier expected. Property players have
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  • Article
    Lock icon New Indon rule may unveil exporters' billions abroad
    349 1  -  From\ Shoeb Kagda in Jakarta INDONESIA'S central bank has put itself on a collision course with exporters with a new ruling requiring non-financial institutions to submit reports of foreign exchange earnings within one month. In a statement on Tuesday, Bank Indonesia said
    349 words
  • Article
    Lock icon Lawyers okay plan for real estate work
    688 1  -  By] Kalpana Rashiwala [SINGAPORE] A controversial proposal for lawyers to engage in real estate work was finally approved yesterday evening at an extraordinary general meeting of the Law Society attended by just about 30-odd lawyers, six months after the scheme was first put
    688 words
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      Lock icon Page 1 Advertisements Column 1
      101 1 McmJjE BUT IT integration will save DBS Bank $40-$SOm a year. Pg 22 Kenneth James: innovation and the caged Merfion. Top StorlM Flextech warns of possible $41 m recall. Pg 3 Asia Global Crossing seeks white knight. Pg 5 d -f* &< Hfi t t*4- h Members to bid at
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      7 1 Lower the iah llrn-. v. N/v >■' !'<r:r
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      84 1 Tu <wt» will put Singapore ahead ofHK, Next Pg Economy oouidgrow 10.8% in 4th qtr. NUS, Pg 7 Nasdaq to rr merge with LSE? i i 1 D (l Of 1 Page 3 B V LG A R I < I I Ml'< > K \\< I I I I
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  • NEXT page
    • Article
      Lock icon Tax cuts will put S'pore ahead of HK, says EIU
      602 2  -  If adopted, it will have best business environment in Asia-Pac in 5 years Fromi Audrey Tan in Hong Kong SINGAPORE'S plan to cut both corporate and income taxes will help it overtake Hong Kong in having the best business environment
      602 words
    • Article
      Lock icon Four GRA S'pore directors quit
      465 2  -  Differences with pares t Pica said U keMUwn By Kalpana Rashiwala [SINGAPORE] In a move that surprised the property market four of GRA Singapore's seven executive directors, including managing director Lob Chin Hua, have quit. Besides Mr Loh, the other three are John T.im, Ruyee
      465 words
    • Article, Illustration
      Lock icon Lower the CPF rate for workers aged 40+, Boon Heng suggests
      441 2  -  Byi Chuang Peck Ming [SINGAPORE] He recently made developers nervous by asking if Singaporeans are overspending their Central Provident Fund money on housing. Lim Boon Heng, Singapore's labour chief and Minister in the Prime Minister's Office, yesterday had another
      441 words
    • ON THE grapevine
      • Article
        Lock icon In deep water
        141 2 BEIJING may soon have a new card to play in its long-standing reunification stand-off with "renegade province" Taiwan. According to a Reuters report a prolonged drought has forced Taiwan to close swimming pools for the summer and even to consider buying water from China. Officials say the
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      • Article
        Lock icon A box for idiots
        103 2 WATCHING too much TV is said to dull your mind. Now, according to one research report, it may also make you poorer, literally. In its market commentary yesterday, Hong Kong-based QuamResearch said: "Here are my two cents for the day; turn off CNBC if you wish
        103 words
      • Article
        Lock icon Longer ride up
        42 2 a w —J— RESULTS erf a recent online poll; March export figures suggest Singapore's economy will take longer to recover. Yes, the 17% drop is more than expected—73% No. high-tech products to the US will increase—17% I'm not sure—10%
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    • Article
      Lock icon Dayen back in play as threat of suspension lifts
      476 2  -  By I Serena Ng [SINGAPORE] Proprietary and contra traders resumed their feverish trading in Dayen Environmental shares yesterday fuelling it to new highs following a short breather earlier in the week. The Sesdaq-listed waste and water treatment company's shares surged 11.5
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      48 2 MONASH POSTGRADUATES ARE CHANGING THE WORLD. CHANGE YOURS ON APRIL 28. Attend the Monash University research seminar: Sunday 28 April, 2pm, Ballroom 1, Hilton Hotel, 581 Orchard Road, Singapore. To attend, reply to IDP Education Australia (Singapore), email counsellor.6dsingapore.idp.edu.au or telephone 6736 7040/41. IhShIBhI PMMM MtK 000 MC
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  • SINGAPORE companies
    • Article
      Lock icon Income sells United Food shares at 24% gain
      266 3 Dow Jones Newswires NTUC Income Insurance Cooperative made a hefty 24 per cent gain from the recent sale of 11 million shares of China-based, Sin-gapore-listed United Food Holdings Ltd, broking sources said yesterday. Income is a fund manager linked with Singapore trade
      Dow Jones Newswires  -  266 words
    • Article, Illustration
      Lock icon Charterers hunt for CEO may exceed 9 months
      668 3  -  W&ite's departure surprises; deputy chairman Norling takes over as interim move By David Boey CHARTERED Semiconductor Manufacturing needs a new president and chief executive officer and said yesterday its hunt for a new head should stretch into early next year. The top
      FILE PHOTO  -  668 words
    • Article
      Lock icon 8% dividend for SUT's Savings Fund
      201 3  -  By Genevieve Cua SINGAPORE Unit Trusts has declared a gross dividend of 8 per cent for The Savings Fund, an equity fund investing in Singapore and Malaysia. SUT principal officer Noor Azman Abdul Aziz said the distribution is being made from a combination of
      201 words
    • Article
      Lock icon Wee Poh confident it can continue as going concern
      291 3  -  By. Andrea Tan AILING construction firm Wee Poh said yesterday it was confident it could continue as a going concern. The group, faced with current liabilities of $50.9 million as at end-2001, had placed its subsidiary, W&P Piling Pte Ltd, under
      291 words
    • Article
      Lock icon OCBC cuts options exercise time
      370 3  -  New scheme lets execs cash out 12 months after grant By Siow Li Sen OCBC Bank has brought forward the vesting schedule of stock options to 12 months after they were granted to executives of the group, in line with the practice at the other
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    • Article
      Lock icon Retreating to the sanctuary of gold
      951 4  -  55 lock siew anthony rowley f OLD is back," declared a leading news agency this week in an analysis into why the yellow metal has pushed resolutely back above US$3OO an ounce for the first time in two years, and why investor interest is
      951 words
    • COMPANY Briefs
      • Article
        Lock icon Hup Seng Huat interim gain up 34%
        95 5 HUP Seng Huat's net profit jumped 34 per cent to $928,000 for the half year to Jan 31. Turnover was $23 million, an increase of 39 per cent. The company said its marine sectors especially shipbuilding and shiprepair in Singapore continued to do
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      • Article
        Lock icon Venture to be renamed Venture Corp
        64 5 VENTURE Manufacturing, which wants to change its name to Venture Corp, now performs a variety of services in addition to manufacturing, including product design and fulfilment, it said in a statement to the Singapore Exchange. "It would be appropriate for the company to adopt
        64 words
      • Article
        Lock icon Vicplas to place out 20m shares
        62 5 Reuters VICPLAS International said yesterday it would place out 20 million new shares at $0.08 each through DMG Partners Securities on a best effort basis. The firm, a maker of pipe fittings and electrical conducts, said the placement would raise about $1.6 million for
        Reuters  -  62 words
      • Article
        Lock icon Roly unit sees HK$234m from IPO
        104 5 Reuters ROLY International's wholly-owned unit Linmark (HK) plans to raise up to HK$234 million (Sss4 million) in an initial public offering and debut on the Hong Kong stock exchange's mainboard on May 10, a source close to the deal said. Named after its Taiwan
        Reuters  -  104 words
    • Article
      Lock icon Flextech warns of possible $41m recall
      317 5  -  Firm in talks with lenders following debt-term breach resulting from $28m loss Tang Weng Fai ELECTRONICS manufacturer Flextech Holdings yesterday said $40.95 million of the group's bank facilities and loan stocks could be recalled because it had breached certain conditions governing the debts. In
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    • Article
      Lock icon M1 ties up with two firms to develop 3G products
      337 5  -  By. Angela Tan MOBILEONE (Asia) Pte Ltd (Ml) has chosen mobile solutions provider Edge Matrix and Internet solutions provider Philip Tang Sons as strategic and exclusive partners to develop 2.5G and 3G wireless applications together. Ml, Singapore's second mobile phone
      337 words
    • Article, Illustration
      Lock icon Asia Global Crossing seeks white knight
      695 5  -  Hy, Angela Tan IT is not often that a company with a big office in Beverly Hills comes knocking on the doors of Singapore corporates for funding. But with only US$35l million in cash, Asia Global Crossing (AGC) will not be able to survive
      ARTHUR LEE  -  695 words
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      42 3 y Club World. With the world's first fully flat beds in Business Class. Club Worid flat beds have been serving business travellers since February 2000. They are available on all our flights from Singapore to London, Melbourne and Sydney. BRITISH Al RWAYS
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      1128 4 SINGAPORE ACCOUNTANCY ACADEMY TRAINING ARM OF THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF SINGAPORE presents Financial Modeling Spreadsheet Skills St# how Financial Modaiing can to uaad for financial analysis and valuation purports, and to nam* tha impact of fefca Drivara on Entorpriaa VUua, and on Ilia cotnpmyt My to ganarala
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      44 4 Exclusively Ah MAKE MINE MAY E R www.mayer.com.sg MMTWHOaiY CAUSfWAY POfffTMMMUMO NOVBUSQUAO SUNTKOTTMAIi OMIAMGAMmaza 102-25 #03-22/23 102-75/68 #OHH/02 #0?l3o iS 6837 8757 SSWIJmJ? 11l ff I^^^ W: 6838 4079 W, *****017 H 6563 4288 Su2ssQss lOpi Dofcl£.?s£ Daily lOam-lOpm Oarfy 10a*-!<* Daily 12p.-lOp. Daily
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      77 5 f ROLEX Rolex presents Diana Krall June 26th 2002 8.30pm Suntec Level 6 Live In Concert Reputed as the worlds finest jazz singer pianist. ller latest world's best selling album "The Look Of Love" is out now. Hotline: (65) 64 16 3652 E-mail: concerts@M2us.com www.M2us.com Ticket Outlets: Sembawang Music Centre
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      293 6 OTHER SINGAPORE INDICES Apr 24 VALUE CLOSE BTOODS 222.00 +136.00 BTCAM -*****.00 j*>7.00 BT 10-feyMA *****.00 +22.00 W-SSUwbw 458.19 2.29 T MMii Di U 166.71 -0.42 1508.06 _/7.39 425.49 -2.51 217.73 -1.02 SMSCIFsbttM 216.70 -1.60 Oafm Be 60.094.000 Roly IntUSlOc 30.912,000 European 10c 15.178 000 IPC020C 14,611^000 SingTel 15c— 13.956
      293 words
    • Article, Illustration
      Lock icon Seksun: good fundamentals but toppish at current levels
      269 6  -  HOT STOCK/ WARRANT By' Ven Sreenivasan THE stock of metal stamping specialist Seksun has been in the limelight for the better part of the last six months. In fact, a combination of positive newsflows, improving fundamentals and speculative interest has boosted the
      269 words
    • Article, Illustration
      Lock icon If you can't beat 'em, join 'em
      776 6  -  pHicomment STOCKS r. sivanithy FROM the looks of things, fund managers these days are subscribing to the same trading philosophy that house traders have been practising for months now. It could go by any one of a number of names, but "don't just
      776 words
    • Article, Illustration
      Lock icon Yen flat in quiet trade ahead of US GDP data
      548 6 US$ seen tinder pressure ahead of Japan's Golden Week holiday AFP [TOKYO] THE yen was barely changed against the US dollar yesterday in quiet trading, with investors awaiting key economic data such as first-quarter gross domestic product figures from the
      AFP  -  548 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2667 6 UNIT TRUSTS FUNDS CitiBond Spore A/$ 121/ CitiBond S pore 1.23* Citi Money Sing Doll* Class I 1 040V AM Ami Asset Mgt (S'pore) Citi Pan-Europe Equity Fund 14* Star Europe Eqty!* 0 786/ OtiSetect Asm Tilt Balanced 1.* Star Europe Bd 0.96V CitiSelect Asia Tilt Growth i xi Star
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  • SINGAPORE news
    • Article
      Lock icon Economy could grow 10.8% in 4th qtr: NUS
      533 7  -  =1 on the economy forecasts That's if rebound is as strong as 99 nptnrn; expansion will start in end-Q2 By Anna Teo THE economy will start to expand towards the end of the current Q2, and perhaps hit double-digit growth by the
      533 words
    • Article, Illustration
      Lock icon Adding a Spring to SMEs' steps
      341 7  -  PSB to be renamed Spring and redouble work on "nail firms Byi Chuang Peck Ming SMALL and medium enterprises can soon walk with a spring in their steps. Formerly known as the Productivity and Standards Board, the renamed Standards, Productivity and Innovation Board (Spring)
      341 words
    • Article
      Lock icon Balestier Rd conservation shophouses put up for sale
      265 7 A ROW of freehold conservation shophouses at the junction of Balestier and Martaban Roads with yields of 6 per cent has been put up for sale via private treaty. Provisional permission was granted last month for a proposed 19,446 sq ft, six-sto-rey
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    • Article
      Lock icon Send phone messages, e-mail on SIA flights
      174 7 Bloomberg SINGAPORE Airlines Ltd said passengers wiU be able to send phone messages and e-mail on its flights starting from July as part of a $300 mUlion investment in new entertainment systems. The service wiU eventuaUy be offered on aU its long-haul flights
      Bloomberg  -  174 words
    • IN Brief
      • Article
        Lock icon Aviation security panel set up
        77 7 SINGAPORE has set up a National Civil Aviation Security Committee (NCASC) to ensure that all measures related to aviation security are in keeping with Internationally accepted standards. This was one of the recommendations from the International Civil Aviation Organisation High Level Ministerial Conference on aviation
        77 words
      • Article
        Lock icon DSTA wins energy efficiency award
        97 7 DEFENCE Science and Technology Agency (DSTA) has won the inaugural Energy Efficient Building Award (Special Features Category) for its indirect sea water cooling system and thermal storage system at the Changi Naval Base. The former is a water-saving system that uses seawater to cool air-conditioning
        97 words
    • Article
      Lock icon Members to bid at least $60m for Pinetree Club
      421 9  -  Group met main creditor OCBC, plans to place bid within a month By\ Serena Ng A GROUP of members of Pinetree Town Country Club will be making their official bid of at least $60 million for the Stevens Road club in
      421 words
    • Article
      Lock icon SIA profit due to depreciation
      500 9  -  ■:n»baq Paul Thompson Assistant Professor in Accounting Nottingham University Business School Malaysia Campus via Internet I REFER to your article "SIA hints net profit may be above $200 m" by Andrea Tan (BT, April 20). First, may I say that, for the sake of the
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    • Article
      Lock icon Give pre- and post- dividend NTA
      270 9  -  Chin Hui Ping DIVIDEND is declared after the financial period. The old practice was to recognise the dividend payable as a liability in the balance sheet, notwithstanding that the declaration takes place after the balance sheet date. The new optional Singapore Accounting Standards (SAS)
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      150 7 --i'C \/jy till 111 II I I I I I 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 taster and faster, but
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      14 7 M AQUARIUM Net the best catch of the day here. The Straits Tllmes Classified
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  • EXECUTIVE suite
    • Article, Illustration
      Lock icon Cashing in on atrium activities
      775 8  -  Creative use of atrium spaces benefits both tenants and malls, reports VDfCE CHOMG VINCE CHONG ATRIUM space activities are on the rise, with shopping malls polled reporting that they are not .only important crowd pullers, but also provide a steady source of income for mall
      FILE PHOTOS  -  775 words
    • Article, Illustration
      Lock icon Race Course bldg going for $5.5 m
      405 8  -  the block Mi. Andrea Tan INDIAN curries beckon, so does a property on Race Course Road a four-storey boarding house with a restaurant on the first floor is up for auction. The one vear-old building on 5.000 sq ft of freehold land at
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    • Article, Illustration
      Lock icon Give back what the garden has lost
      636 8  -  UN;|.]=Wd:lMlog By Thien YEARS after, I can still recall the dampish, earthy smell of an open grass fire at my grandad's garden when the old mandore burnt his mound of freshly-cut grass, fallen leaves and branches. As the fire smouldered for days, sunlight
      THIEN  -  636 words
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      361 8 FOR SALE BY TENDER inter PRIME FREEHOLD OFFICE BUILDING J f. Prominent and visible frontage to Orchard Rd P H- Dhoby Ghaut MRT Interchange Station at the doorstep A Within up coming Bras Basah Selegie Bugis A educational, arts, cultural and entertaiment hub 3 proposed SMU campus r To be
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      164 9 I Doing Business in 1 K Thailand An Investor's Guide I Hear about the latest developments from our speakers from Thailand Highlights include: The latest legislative implications for foreign investors Thai local banking and financial issues The steps you should take in forming a company in Thailand How to handle
      164 words
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      379 9 We welcome letters. E-mail us at btietterQsph.com.sg or fax us at 6319-6277, or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore3lB9o4. We need your fuH name, address and telephone number, so we can verify it came from you. Please use temperate language, and
      379 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Make-believe that a strong dollar is good
      755 10  -  mi\\i I bottom line OPINION William pesek jr The writer is a columnist for Bloomberg News based in Tokyo. The opinions expressed are his own. PAUL O'Neill can scarcely get through a speech, interview or chat without having to say he still favours
      755 words
    • Article
      Lock icon IN OTHER WORDS
      89 10 'I've taken out 60 businessman-hunters every year for the past 14 years and very few are interested in African politics. They're prepared to mortgage the wife and sell the house for the opportunity to hunt in Zimbabwe.' Ray Townaend of Chapungu Safaris, on US businessmen who come
      89 words
    • Article
      Lock icon Taiwan's dilemma
      596 10 EDITORIAL PIRST, Taiwan tried to stem the flow of capital to the Chinese mainland by limiting the type and size of investments of Taiwan industrialists planning on doing business there. Now, Taipei's leaders want to regulate the steady stream of high-tech professionals and other trained stafT who want
      596 words
    • Article, Illustration
      Lock icon Are you ready for a rate hike in the GST?
      1200 10  -  Here are some key issues businesses most consider if the ERCTs proposal to raise GST from 3% to 5% is adopted By] Koh Soo How The writer is tax principal at PricewaterhouseCoopers SINCE the introduction of the Goods and Services
      FILE PHOTO  -  1,200 words
    • Article
      Lock icon Ignoring the ticking time bomb
      792 10  -  COMMENTARY There's a lack of candour on Social Security and Medicare costs By Robert Samuelson The Washington Post Writers Group WE can't deal with things we won't talk about. In politics, some subjects are too unpleasant or hypothetical to encourage honest debate. Before Sept 11,
      The Washington Post Writers Group  -  792 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon KL to grant EVA fifth freedom rights: sources
      504 11  -  P=ii exclusive But Evergreen's unit unlikely to move its base from Changi: KL official From, Eddie Toh in Kuala Lumpur THE Malaysian government is set to award the coveted "fifth freedom" rights to the aviation arm of Evergreen following the Taiwanese group's
      AFP  -  504 words
    • NOTE Book
      • Article
        Lock icon Commerce Asset may list subsidiary
        64 11 Dow Jones Newswires w j [KUALA LUMPUR] Commerce Asset Holdings Bhd yesterday said it is considering listing its merchant bank unit Commerce International Merchant Bankers Bhd, or CIMB. "Numerous avenues are currently being considered by the company and this includes the possibility of listing its
        Dow Jones Newswires  -  64 words
      • Article
        Lock icon Ernst fails to get Andersen Indon unit
        76 11 Bloomberg [JAKARTA] Ernst Young said it abandoned talks to merge with Arthur Andersen's affiliate Prasetio in Indonesia after weeks of negotiations to create a business with 1,800 staff across the nation. The failed talks are a setback for Ernst Young Global chief executive
        Bloomberg  -  76 words
      • Article
        Lock icon Intan Utilities sees brisk trades
        65 11 Bloomberg [KUALA LUMPUR] In tan Utilities, a Malaysian water treatment company, had 3 per cent of its shares change hands in off-market trades at a premium to the current price. This is the second day of such trades, bringing the total of shares that changed
        Bloomberg  -  65 words
      • Article
        Lock icon Tenaga seen posting RM859m H1 net
        80 11 Dow Jones Newswires [KUALA LUMPUR] Tenaga Nasional Bhd is expected to report a net profit of around RMBS9 million (*****.6 million), excluding foreign exchange gains and extraordinary items, for the six months ended Feb 28, according to a consensus of five analysts surveyed by
        Dow Jones Newswires  -  80 words
      • Article
        Lock icon Indonesia to explore oil in Iraq
        92 11 Reuters V WM MI M [BAGHDAD] Indonesia on Tuesday signed an agreement with Iraq for oil exploration in Iraq's Western Desert. "We signed an exploration contract of Block 3 in the Western Desert, to the west of Kerbala and Najaf (south-western Iraq)," Iraq's Oil
        Reuters  -  92 words
    • Article
      Lock icon N Borneo buys RM139m assets to regain listing
      217 11 RE-ORGAHISATIONS Bloomberg [KUALA LUMPUR] North Borneo Corp, a former timber producer, said it will buy seven companies in timber, plantation and real estate businesses for RMI39 million (5566.5 million) to revive earnings and regain its listing. The company will buy four oil
      Bloomberg  -  217 words
    • Article
      Lock icon Road Builder to sell stakes in property units
      176 11 Bloomberg [KUALA LUMPUR] Road Builder Holdings Bhd, Malaysia's fifth biggest builder, said it plans to sell stakes in two property units valued at RMII6 million (5555.5 million), to pare debt and merge the operations of its two ports. The company told investors
      Bloomberg  -  176 words
    • Article
      Lock icon Repco to buy 2 Aussie gambling firms for RM98m
      109 11 Bloomberg [KUALA LUMPUR] Repco Holdings Bhd, a former Malaysian timber and betting group, said it will buy Australian gambling companies for RM9B million (Ss47 million) as part of its reorganisation. It agreed to buy two companies which operate the Lasseters casino
      Bloomberg  -  109 words
    • Article
      Lock icon Berjaya Toto expects govt to cut betting duties
      256 11 KUALA LUMPUR Bloomberg BERJAYA Sports Toto Bhd, Malaysia's second largest number forecast operator, expects the government to cut betting duties by June, giving the industry reason to consider a record prize payout. Sports Toto and rival Magnum Corp had lobbied the government
      Bloomberg  -  256 words
    • Article, Illustration
      Lock icon Hu: Yuan policy proves China's a good neighbour
      447 13 KUALA LUMPUR He also expects imports to reach US$l.5 trillion in the next five years as China opens its markets Bloomberg Reuters Bernama CHINA'S decision not to devalue the yuan during the Asian financial crisis or in last year's global downturn proves
      Bloomberg; Reuters; Bernama; AP  -  447 words
    • Article
      Lock icon Telkom agrees to end Aria West partnership
      264 13 JAKARTA Reuters INDONESIA'S domestic phone giant PT Telkom said yesterday that it had reached agreement to buy Aria West International out of a telecoms partnership and expected a deal to be signed by the end of the month. If the deal is finalised,
      Reuters  -  264 words
    • Article
      Lock icon Thaksin warns banks to cut lending rates
      334 13  -  From, Harish Mehta in Bangkok THAI Prime Minister Thaksin Shinawatra has threatened to penalise commercial banks that cut deposit rates but not lending rates, with a view to curbing alleged profiteering at the expense of retail customers. The government's warning came after Thai
      334 words
    • Article
      Lock icon US$5.3b goal for 2002 Indon asset sales
      558 13 JAKARTA Reuters INDONESIA hopes to raise some US$5.3 billion this year from its assets sale programme which includes sales of state firms and those assets under the bank restructuring agency (Ibra). The cash-strapped government is targeted under the state budget to raise 6.5
      Reuters  -  558 words
    • Article
      Lock icon Cheung Kong sets up firm for HK fixed line foray
      240 14 HONGKONG iVision studying prospect of laying cable networks in HK: report Reuters TYCOON Li Ka-shing's flagship property firm Cheung Kong Holdings has formed a company to enter Hong Kong's fixed line telecoms market, the Hong Kong Economic Journal reported yesterday,
      Reuters  -  240 words
    • Article
      Lock icon Li Ka-shing urges HK people to look forward
      115 14 AFP [HONG KONG] Billionaire Li Ka-shing has urged Hong Kong people to be forward-looking even when faced with difficulties, following a recent wave of suicides and murder-suicide cases, a report yesterday said. "No matter what circumstances you are in, as long as
      AFP  -  115 words
    • Article
      Lock icon Stanchart puts acquisitions on hold to boost returns
      408 14 LONDON Bnt it's game to buy consumer banking businesses in Korea Bloomberg STANDARD Chartered has no plans for acquisitions except in Korea, where it wants to offer credit cards, chief executive officer Mervyn Davies said yesterday. Stanchart, which earns more than 90
      Bloomberg  -  408 words
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      145 11 fflpMor Law S II H NE(MI« 1 Owa Special 2 hour workshop on Application of PRC Contract Law and A 11 Comparative Study between the PRC and Singapore Contract Law I How contract law in China will be affected by the ascension into WTO 11 ow t° n e9°tiate contracts
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      42 11 FEATU Rl NG I SPORT WATCHES ■S'<% < 29 a^.—I m PURIST LUXURY FOR ALL LOVERS OF TIMELESS DESIGN. MONT* I BLANC I MONTBLANC BOUTIOUES: CHANGI AIRPORT TERMINAL 2 NCEE ANN CITY. RAFFLES CITV. PARAGON FOR AUTHORISED DEALERS. PLEASE CALL TEL 6737 1468
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      367 12 ~H -www .....WW, ..IW.WWJ, fcV, fcwc At the recent Standard Poors Investment Funds Award 2002, UOB Asset Management received 6 awards. Together with 5 awards at the Singapore Investment Fund Awards 2001, we've won a total of 11 awards for top performance this year. Combine that with our record since
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      584 13 I A Special Joint Promotion Thai with GO Hotels from 3 to 5 Star Deluxe BANGKOK there's one to suit your budget 7 Flights Da.ly: 3Da v s frsO3B 9 2 O pill I —y— Private Transfers Bangkok Palace fr Si >8 Narai fr S3BB Marriott Resort fr S4SH Maxx
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      347 13 MORNING PROGRAMME 8.30 AM REGISTRATION 3 30 p M PANEL 2 9.00 AM WELCOME ADDRESS "Building Successful Businesses in China II" Professor Ronald E. Frank, President, Facilitator: Dr Gan See Khem, Singapore Management University Chairman of Education, SCCIOB 9.05 AM GUEST OF HONOUR ADDRESS Panelists: Mr Lee Khoon Choy, Chairman,
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      125 14 CdMRVSuccess In Motion >bu know you're successful when you to a Toyota Camry. Reason being, it come* with features lessor mortal would nood. (Variablo Valve intelligent) engine the pleasure of unsurpassed performance, without compromising on fuel efficiency. Plus wipers that self-activate, on sensing something as as a raindrop. So, your
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      1009 14 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 mm? Full nominee, management, corporate secretarial, banking and professional
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  • WORLD news
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      Lock icon Data points to patchy recovery in Japan
      494 15 TOKYO All-industries index rises 0.5% in Feb bnt core tertiary sector slips 0.4% Reuters NYT ECONOMIC indicators yesterday highlighted both improvements in Japan's long-suffering economy and its stubborn weakness, confirming a patchy recovery in contrast to a firmer upswing in global conditions. The
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      Lock icon Aust govt wants Telstra to compete on fairer terms
      261 15 SYDNEY Accounting, pricing, conditions of access to be made more transparent Bloomberg TELSTRA Corp, which controls three-quarters of Australia's telecommunications market, must prepare for greater competition, the government said. Telstra will be required to start keeping separate accounts for its wholesale
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      Lock icon Prudential chairman to resign
      147 15 LONDON Bloomberg PRUDENTIAL chairman Roger Hum said he will step down on concern Britain's second-largest insurer may be "adversely affected" by his links to Marconi, the unprofitable UK phone maker. "Because of Prudential's role as a significant investor in major British companies and hence its influence
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      Lock icon Amazon's Q1 loss dives as sales soar 21%
      345 16 SEATTLE Discount strategy, cost-cutting narrow loss to USs23m from USs234m Bloomberg AMAZON.COM Inc's firstquarter loss narrowed as sales of books, movies and music rose in the US and the world's largest online retailer benefited from cost-cut-ting. The loss narrowed to U5523.2 million,
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      Lock icon US durable goods orders down 0.6%
      360 16 WASHINGTON Fall in March due to slowdown in car, computer orders AP Reuters Bloomberg ORDERS to US factories for big-ticket goods fell 0.6 per cent in March, the first drop in the last four months, reflecting slackened demand for cars and computers. Orders for
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      Lock icon AT&T 1st qtr loss widens to US$975m as sales drop 11%
      272 16 NEW YORK Bloomberg AT&T Corp, the biggest US long-distance telephone company, had a first-quar-ter loss as sales declined for a fifth straight quarter. The loss widened to US$975 million, or 28 US cents a share, from US$l92 million, or
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    • WORLD Watch
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        Lock icon Glaxo Q1 earnings soar 49%
        67 16 Bloomberg [LONDON] GlaxoSmithKline pic's first quarter profit rose 49 per cent as the world's second largest drugmaker sold more of its asthma treatment Advair and cut costs. Net profit rose to £1 billion (552.6 billion), or 17.1 pence, from a restated £687 million, or 11
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      • Article
        Lock icon UK online bank Egg posts profit
        57 16 Bloomberg [LONDON] Egg pic, Britain's biggest Internet bank, posted a first quarter profit as more customers used its credit cards to borrow money. The company had pre-tax profit of £4.1 million (5510.7 million), or 0.2 pence a share, compared with a loss of £37.2
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        Lock icon J P Morgan to fire 500 bankers
        78 16 Reuters [NEW YORK] J P Morgan Chase Co is firing about 500 investment bankers as it reorganises the unit to lure new clients and win more business from existing clients, a source close to the matter said. The latest layoffs, amounting to 2
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        Lock icon Allied Irish to replace auditor PwC
        58 16 Bloomberg [DUBLIN] Allied Irish Banks, which said in February a rogue trader lost US$69l million during five years of unauthorised currency trading, will replace auditor PricewaterhouseCoopers, the biggest accounting firm. Allied Irish will tender for a new external auditor by the middle of next
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      • Article
        Lock icon US firms paid US$45b foreign tax
        104 16 Bloomberg [WASHINGTON] US companies paid record amounts of taxes to foreign governments as their non-US income grew 66.8 per cent between 1993 and 1997, the Internal Revenue Service said in a new study. A surge in overseas investment by the financial services industry, which
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      Lock icon No quid pro quo to sway Deutsche vote: Fiorina
      493 19 WILMINGTON, Delaware HP chief defends her role at hearing of snit challenging Compaq merger AFP HEWLETT-PACKARD chief executive Carly Fiorina denied on Tuesday that she used a lucrative business deal to sway a key investment bank to back the firm's controversial
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      Lock icon Letter sparks Australian raid on 3 oil majors
      374 19 SYDNEY fWirr. flnll. MiMl niir pr#b# nwfrinDiiijditi Reuters AUSTRALIA'S corporate watchdog launched its biggest ever operation, raiding the nation's three ma)or oil companies, after a whistleblower liiskie an oU Arm seat a letter on lime green paper alleging price collusion. The Australian
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      Lock icon Turnaround ace proposes slimming down Andersen
      398 19 AMDEBSEN WOES Reuters [HOUSTON] A turnaround specialist hired by besieged accountant Andersen proposes slimming down the firm to keep it out of bankruptcy, according to documents made public on Tuesday, while the auditing firm's lawyers got ready for a criminal case that could determine
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      Lock icon Nasdaq may merge with London bourse to be world's No. 1
      391 20 Sources say talks have been going on for months Bloomberg [NEW YORK] The Nasdaq Stock Market and the London Stock Exchange may merge, creating the world's largest equity market, people familiar with the talks said. The No 2 US
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  • Article, Illustration
    Lock icon FINANCE
    1097 15 Transaction date:Aw24 DITERBAMKCROSSKATB8 —> tw» Fir 01 WKS WhhNi V Mi Bthtli Hm 8— gr tm N— 0» Austr-41 0M9 0MT <009 1195 4.206 24.443 50.474 0702 7.054 2549 1207 32.*****.442 0.901 5.132 0590 8.*****548 OJ73 0599 2Sr A„ 078 4723 l 4954 3"54 59.470 0.127 SJM 2.4M 1.423
    1,097 words
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    Lock icon COMMODITIES
    1654 15 SIOOM TOTUMB8 Apr 24 IUWE* F*ro «h*i phcn) ISS1 (S c«nts/kq) CtOSC VotWM OfM Mo«t> Mjgfc Lot Sett (t—as) Mwi> Hay 02 ***** Jun 02 ***** Jul 02 ***** Aug 02 ***** RSS 3 (US cwts/kq) VoImw Open Mo«tfc Mfb Lav Sett (tmm) Merest May 02 66.50 350 Jun
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  • Page 16 Miscellaneous
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      199 16 CRYPTIC CROSSWORD ACROSS for stretcher hire (4-4) 6 Val, Gitl and Abel go abroad 3 Late deliveries expected (7) tfs a small world! (6, 7) 4 Muggy day clinched the sale Wing so perish (4-4) 6 All out attack under officer...? 11 Talking of liquid concoctions 7 ...dire prospects for
      199 words
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  • Article
    Lock icon STOCKS ASIA
    4268 17 Traiisactiati date: Apr 24 for more, go to wwu 'Jisjaonenrnarketsjoom HONG KONG ICGAu 066 inch *****8 J2! mterchina Hldgs OK 403 5775 "88 Interform Ceramics 002 unch 2700 Intl Bank of Asia 1.95 -002 1547 *> .Regent Group 0.29 inch 1260 2-2S ,252 *GHold«>g» 4.50 0 05 582
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    Lock icon KLSE
    2206 17 Transaction date: Apr 24 KUALA LUMPUR 1» unch 17 Vol 2.36 -0.03 13 RM *t- room WmduShe 455 -0.01 22 Gadang 1.33 -008 19 A AM Realty 155 -0-01 122 Gamuda (00 4.15 3931 Abric 203 -0.06 260 GanadCorp 1j06 -007 31 ACPtadutfia 340 -0.08 289 GaroTeth 1.42 0
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    Lock icon SGX
    722 17 Transaction date: Apr 24 Otc Mi &HD -0 050 NMSMl ft 0.20 f 130 -OAK) tipWwd 3J9 1-520 -0.040 OCX MOO ***** Otwl SsMCond Jfc 141 ISO 4XB0 OUf aa fcJBO O2L#£th, oi! n'2, 225 IS"?"" 81 M1S CrMfc«T25c Ml 22-900 *0.200 56X tc 0(3 1J1Q 4jw 5®6I» 13
    722 words
  • Article
    Lock icon BONDS & WARRANTS
    581 17 BONDS WARRANTS MCmk tarn tS > Mm *Cn<i« u> ASHtMM0621 —8i uncti 120 1 16 5 1.47 26 AtmaUdW»***** I SO 430 3J3 31 Air4ak\MD***** Oi 1 360 1 33 2 146 38 Amwrongw*****0 43 1 10 16 2.70 25 AeefoodRW4B0712 05 1 166 ut? 13 00 3 hrMMIOm 10k
    581 words
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      2214 18 I Banking Corporation |n#estpac I Banking Corporation I Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) I I STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2001 |rs~, STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2001 I Sydney NSW 2000 I Total revenues,
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      218 19 2 Office units, Orchard Plaza Kromat Lane, Strata Fir Area 42 47 iq.m. Warehouse, Tai Seng Dr.. land Area 6869 sq.m., GFA ***** sq.m. 2 storey factory, Kim Chuan Dr, land Aiao 559.3 sqm., Fir Aim 511 tq.m. 3 (hop units, Victoria St., Jin Sutton, Strata Hr Area 53 85
      218 words
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      191 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTB Of GNOMAOIC PUBUSHING PTE LTD (IN COMPULSORY LIQUIDATION) COMPANIES WINDING UP NO. *****0 OF 2002 NOTICE IS HEREBY GIVEN that ihe creditors of the ahuewaeed company, which is being wound up by on Order of Court in
      191 words
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      306 19 STATUTORY DECLARATION BY DIRECTORS Of INTERNATIONAL BEVERAGES CORPORATION PIE LTD (Registration Nee 19******92} We, YEO CHIN RENO BENJAMIN of 17K Limau Garden, Singapore *****9, NRIC No. Sl29o3sotand MS HO LAI KUI (Alternate Director) of 500 Marine Parade Road 002-23, Singapore *****8, NRIC. No. *****153 C make oath and say as
      306 words
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      Lock icon Page 19 Advertisements Column 4
      469 19 Nona <* arßxrots- mkimo INTBNAJIONAI KVEKAOES COKPOKAHON PTE UP IhfiMln Mk IMN7NII] NOTICE IS HH»Y GIVEN Ada Ciedboa of Ae aha—aed Compony wA Vm» 1 SapMa ftoad #03-03 NWCii*^ Singapore *****9. Data A Tinaa Friday. 10 May 2002 at IBCH to t—«d Ae UoMig bmniin 1. To conaKior and f
      469 words
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      Lock icon Page 19 Advertisements Column 5
      447 19 M THi MATH! Of IMi COMMNKS ACT, CAP. SO AMD MIX MATTBOf km icc is) wn UD KMKRS'VOWNUKrUQWMnON} al lb* Minutai of a* Extraordinary Gaaatd Mailing h*id d t RabiaaM M NMOASOMH Ibaw i n 04ASA4 on lha 22nd day tt April 2002. hi od baioar am djy pamad >
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      1508 19 VENTURE MANUFACTURING (SINGAPORE) LTD (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of VENTURE MANUFACTURING (SINGAPORE) LTD ("the Company") wiH be held at the Board Room, 5006, Ang Mo Kio Avenue 5 #05-01/12 TECH Place 11, Singapore *****3 on Friday, 17 May 2002 at 11.30 a.m.
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  • Article
    Lock icon SGX MAINBOARD
    5370 20 TransactUm date: Apr 24 for live prices, log on to unvwjasiaonemarketsjcom J** M JM Oa* II In Mb Mr CftM M OKaa Mk| I— f■■»■■! Mi W- pwt rn+ imm Wmm t+m Cm ft tS rS 9 6 MMflnKGSk 9 30 M 19 £5 173 403 22 17.5
    5,370 words
  • Article
    Lock icon SGX XTRANET
    37 20 <-r-. a a ■r-ars.-t sn s-a-a IIWSIOlMMn* US>0200 >0100 OK a»t BQJUITadi US4S10 S» IS MSG Spore IS57S IJJSS'^SF 00 -1MK 1MB ir» «no s m usnso ibs mtcsnnrwo ra s* itj» its it» 1730
    37 words
  • Article
    Lock icon SGX SESDAQ
    1353 20 ft* M4m M Mr MM rn ate Ma U» Ma II u» MM I* CW Hi «a iB ml WO 10 175 175 105 tu U W .-233fld -0l5 SO 21S 23 23 23S 5 ii« II «< Bi Pi C ASAoto YOc 51i ♦fl.S 502 S2i 513
    1,353 words
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    Lock icon CLOB INTERNATIONAL
    203 20 im JW Ou, M«MI mi» m* «rtM mm mem Imi IS* W- 1W U» l*r CW Hi «g 110 8) AVJ*nranpA2ScA M KB 40 3A 10.1 53 711.1 C*h*r*c2BcHK. 720 20 2.1 73 C MU Ovung KongSOc HK 1700 M U 17 3 4HK5 O 45 C*ye SahmoreUHK—55
    203 words
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      58 20 M AudemarsPiguet A Le maitre de I'horlogcrie depuis 1875 Promesse Collection Cortina watrh Regional Agent, Showroom ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. UIBHWMI 501 Orchard Road #03-10/11 Wheelock Place Singapore *****0. Tel: 6238 6678 Fax: 6238 6676. Raffles City #01-36 Tel: 6339 9185 Miltenia Walk *01-63/64 Tel: 6339
      58 words
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      289 21 Where to wine, dine and entertain... bj tm Exc,usive Privileges Treats She'll stand to win 2 return air tickets with accommodation to Bangkok, Thailand OR a weekend stay at the hotel's Orchid Oub Floor. 4-owne Mm Set lad $32.80 per person Inclusive of door gifts, lucky draw coupon, a stalk
      289 words
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      Lock icon Page 21 Advertisements Column 2
      77 21 I Spring Court The Oldest I Chinese Restaurant in Singapore since 1929 73 AnnhftrMry Sptdal PEKING DUCK LWtad to ant pv tot* n*i order of $50 PPP^^^ Celebrate SECRETARIES'WEEK 22-26 April 2002 Time 12.00 noon 2:30 pm Price $48 nen per person $40 nen per person (Dmen Qub/Dine-amia members onty)
      77 words
  • BizIT
    • Article, Illustration
      Lock icon SEC, after Enron, tries to create software to spot fraud
      385 21 Pregramttseek trouble signs in a firm's debt, partnerships Bloomberg [WASHINGTON] The US SEC (Securities and Exchange Commission), embarrassed by its failure to spot trouble at Enron Corp, is developing a new computer program to root out fraud and accounting irregularities
      Bloomberg  -  385 words
    • Article
      Lock icon E-learning portal for S'pore lawyers debuts in July
      277 21  -  Hie technology comes from Crimson Logic By\ Raju Chellam [SINGAPORE] Lawyers in Singapore can soon attend seminars, workshops, lectures and tutorials over the Web, once the Law Society's e-learning portal debuts in July. The portal will be able to transmit video lectures,
      277 words
    • Article, Illustration
      Lock icon Intel introduces more Pentium 4s for laptops
      307 21 Bloomberg [NEW YORK] Intel Corp introduced three Pentium 4 processors for laptop PCs, as the world's biggest semiconductor maker tries to broaden the chip's acceptance into a wider range of notebook PCs. Computer makers including Gateway and IBM say they'll use the chips,
      Bloomberg; AFP FILE PHOTO  -  307 words
    • Article
      Lock icon EU proposes computer crime laws
      116 21 Bloomberg [BRUSSELS] The European Commission proposed fighting computer viruses and attacks over the Internet by harmonising laws and coordinating police forces acroes Europe. The law will ensure "effective police and judicial cooperation" to combat hackers that destroy or illegaDy access information and slow computer networks,
      Bloomberg  -  116 words
    • Article
      Lock icon US revamped '.us' Internet domain goes live
      341 21 Reuters [WASHINGTON] US Internet users looking for a starspangled Web presence will now be able to sign up for domain names with a '.us' tag. Addresses in the US' retooled Internet "country code" will be opened up to US citizens and businesses, after
      Reuters  -  341 words
    • Article
      Lock icon BT Group's new Net services to boost sales
      137 21 Bloomberg [LONDON] BT Group Pic, Britain's former phone monopoly, said new faster Internet services are expected to boost revenue by £490 million (Ssl.3 billion) by fiscal 2005. The service, offered by the BT RetaU unit, includes a "no frills" product that may
      Bloomberg  -  137 words
    • Article
      Lock icon Taiwan chip foundries' Q1 results to show modest recovery
      532 21 Good demand from communications, PCs, consumers Dow Jones Newswires (TAIPEI] First quarter earnings results by Taiwan's two top chip foundries should confirm that the sector's gradual recovery remains on track following last year's acute downturn. Demand from across several sectors including
      Dow Jones Newswires  -  532 words
    • Article, Illustration
      Lock icon $40-$50m IT saving seen for DBS
      639 22  -  B i exclusive Group expected to see this annual saving once it completes backend integration involving HK acquisitions By' Tang Weng Fai DBS Bank stands to save about $40-150 million annually on IT-related expenses once it completes backend integration of its two acquisitions Dao
      639 words
    • Article, Illustration
      Lock icon Innovation and the caged Merlion
      692 22  -  comment INFOTECH Breaking free is an the more challenging u the cage Is glided by previous success kenneth james The writer is BT's Technology Editor IT was an evening to celebrate innovation, and guest speaker Guy Kawasaki found an aptly innovative way of summing up
      692 words
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      314 22 To give you a clearer picture, it's akin to digitally transferring the Encyclopedia Britannica across the globe in the blink of an eye. No mere feat, it's accomplished via SingAREN (Singapore Advanced Research and Education Network), which is a national initiative for a very high speed broadband network designed to
      314 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGET
      244 23 Reuters THE Baltic Dry Index (BD1) fell seven points to 1,064, the Baltic Panamax Index (BP!) loet four points to 1,045, the Baltic Handymax Index (BHD'eaaed 10 points to7,Bo4and the BnltV* f-flpwiwi (BCD was down 15 points to I^TS. VDID^QBftBUBi ♦Cape Africa-(built 1991) 148,568 dwt delivery New South
      Reuters  -  244 words
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      Lock icon MARITIME STOCKS
      43 23 a m—m*o ma WNwe*w a» -OOl «TM Corp co« 101 M4 S S I j iSfi&g a J X"w w, A r, 7. 1.08 iw rro «y-——z-9 M m —a ss gjtedis a &EBI k SSjSj £jg=& a ss Ss Is
      43 words
    • Article, Illustration
      Lock icon Star to test China's mainland cruising market
      533 23  -  New HK-,Shanghai route to start in August By\ Donald Urquhart [SINGAPORE] Malaysiabased Star Cruises has announced plans to expand its presence in China's cruise vacation market. It is launching a new route between Hong Kong and Shanghai in August to tap a market
      FILE PHOTO  -  533 words
    • Article, Illustration
      Lock icon Channel dredging boosts Shanghai capacity 4-fold
      392 23  -  Deep-water port planned near mouth of Yangtze River By) P T Bangsberg SHIPPING capacity at the mouth of the Yangtze River has increased four-fold since channel deepening was completed a year ago, the Shanghai Maritime Safety Administration says. Some 15,657 ships moved on the
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    • PORT Shots
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        Lock icon Rotterdam part, Oman sign MOU
        40 23 KSSSSSETunderstanding (MoU) with the government of the Sultanate of Oman to jointly develop and manage the Port of Sofaar In the north of Oman. The equal equity Joint venture is called gohar Industrial Port Coiporttkm.
        40 words
      • Article
        Lock icon P&O Nedlloyd's new source of oharter
        114 23 [SOTCAPORKIPiONadQoyd has diversified its chartering sources, placing Its first contract with its own newly formed ship management company, Hamburg-based Reederei Blue Star. The five-year time charter of five TBUnewbuilda will begin in 3008, whsn the first vessel is expected to be delivered by Korean
        114 words
    • Article
      Lock icon K Line raises 2001 profit forecast by 25%
      227 23  -  By] Beth Jinks [SINGAPORE] Japan's third largest shipping line, Kawasaki Kisen Kaisha Ltd (K Line) has raised its ftill year 2001 profit estimate by 25 per cent, attributed to a "better than expected" late recovery in European and US container traffic. K
      227 words
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      Lock icon Alliance to start India-China service
      199 23 [SINGAPORE] In a bid to tap growing trade between India and China, an alliance of four Asian shipping lines including Singapore's Pacific International Line (PIL) yesterday announced the formation of a new shared service. Starting on June 4, the fixed day, weekly INDFEX2 Service will
      199 words
    • Article
      Lock icon SCI ferries oil for its first overseas client
      338 23 India's biggest line wants to widen customer base Bloomberg [MUMBAI] Shipping Corp of India (SCI) has started carrying crude oil for overseas oil refiners to widen its customer base as the government prepares to sell 51 per cent of the country's biggest
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    • EUROPEAN airports
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        Lock icon Heathrow's premier airport status threatened
        940 24 Rival European airports are expanding in a bid to overtake Heathrow as the gateway to the continent AP [LONDON] A FEW weeks ago, Francisco Salas-Roche and his family flew right into the heart of the sharpening battle for Europe's overcrowded skies. For now, Britain's Heathrow
        AP; FILE PHOTO  -  940 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      112 24 PAGE FoonfSM s KM I f* 4 rtaf Mb r+rm% CNACCM 3 6«Mrtr*i 4 COSCO 3 4 CoMm S 4 Catfralbi 4 HaMf-A 3 CNMS* 5 a MBL S CMQir S UMHn« S CVTUoMM KfOM Mnas 4 UfTC 3 3 Umt 4 Ed 3 Urtartw 2 Evergreen
      112 words
    • Article
      Lock icon SHIPPING GUIDE
      11508 28 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number M/05 17/06 UASC ALNOOf CHOW 65*422*410 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 21/05 n/06 cosco cosco Antwerp ootw ts-UHnoo 03/05 n/06 Delmas
      11,508 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        256 31 it l»tli Arrival Dtpvtwi AmM ■lIMILIUI 724*4 m 2VOV7-OC 24/04*00 TIMUMEU ***** MM UtMfflO 2«M**0 as* <MM« m :*M/txa 24*Vtooo Ml NMM I4AW2U0 WW Ml JVDVMO 2VDVm» 4MM0J Ml PB HIHW HMUt Ml ZV9VW0 2VBV2MO mmewj»Ti MOM MM ;VW/WC JVDVZMO mm 2«*w mt i*frvmK 2vmoioo ■MM MM cmbp
        256 words
      • Article
        Lock icon CONTAINER SCHEDULES
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        1,104 words
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        Lock icon GLOBAL HOLIDAYS
        162 31 Australia: Anzac Day Italy: Liberation Day Day Japan: Greenery Day May 1 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: Labour Day Belgium:
        162 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        718 31 THIS rapart. complied by Cockett Marine Oil Ltd. ahows price ranee* In US dollar* Instead of single prices for a more comprehensive deecrlptluu at the market Prices shown are baaed on siasd stem. Market movements are indicated The Cockett Bunker Price change and the individual chances
        718 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        335 31 MM 2H mmi MJ U EJ 1M 53 102 mm mm oj mj clo5 a in tam mmm mo e* nx oo» a mi ■Mt »w »Ml liwiM I t C I I I a* 0 IT M0.» M 0.10 UU Ml M4*» WJ 0.1 Oj»
        335 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon New panel set up to tighten Changi Airport security
        471 32  -  All check-in luggage to be screened with state-of-the-art X-ray system By Beth Jinks [SINGAPORE] Singapore will implement tighter airport security measures under a newly-formed committee and introduce a state-of-the-art baggage screening system to X-ray all check-in luggage at Changi International Airport.
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        482 32 Tbey lied about their identity or criminal past LAT-WP MORE than 140 staff at the Washington area's three nuOor airports have been indicted on charges of lying about their identities or criminal pasts on applications to work near airplanes, runways and
        LAT-WP; AP  -  482 words
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        Lock icon Discount carriers likely to be a big success: Condit
        303 32 Bernama [CHICAGO] Regional lowcost carriers which offer no frills point-to-point flights are likely to be highly successful in the future, says a top official of The Boeing Company. "This low fare business model is fast catching up and could be a
        Bernama  -  303 words
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        258 32 Bloomberg [SEOUL] Boeing Co, the world's largest aerospace company, said it would invest at least US$2.9 billion, or 66 per cent, of its South Korean jet fighter contract with local contractors. The Korean government last week awarded a US$4.4
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        200 32 Reuters [BEIJING] China will extend for another month a guarantee for war insurance cover to its airlines for amounts over US$5O million provided in the wake of the Sept 11 attacks on the United States, state media said. "In order to guarantee the normal operations
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          104 32 Bloomberg [SYDNEY] Qantas Airways filled more of Its available seats in February as Australia's largest airline Increased domestic capacity by more than twoflftha. Sydney-based Qantas filled BOJS per cent of its seats in February, up from 74.6 per cent in the yeer-eartier period, the airline said
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          Lock icon Ansett request on deadline extendion
          106 32 Bloomberg [SYDNEY] Australia's Federal Court may rule on Monday on a request by Anaett Holdings Lid's administrators to extend a deadline tor completing AeMteofthelhiled carrier's assets, fillips, spokesman for the court. Mark Mentha and Mark Kocda, Aneetfs administrators, asked the federal court to extend the
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          94 32 Bloomberg [SHANGHAI] Hainan Airlinee, whose lar^F 4 shareholder is US financier Georps Soros, said it cent this year China's fourth-largest carrier wants to increase the number it carrka tog million people this year, the airline said on its Web site. It aiaoptans to tnrrsass its
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
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      417 24 i i liw tmrnom by AAambm o# #w RegiWy of M«nb«r» of Accmfad Shipping Agrt, Sngap*. log*a &ngapor» Shipping Aiwxiafcon Anock*>n fiST m m m m p.njuß sran hi v j Kfi Prino—t Uty 0402 26/04 27/04 05/05 I Empreuljiy 0302 13/05 14/05 I Print— Uy 0502 31/05 01/06 09/06
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      840 25 TO USA (SAX SBEVKE) VPSEE VOT SIN ETA LAI OAK DAI HO4J CHI CCH MEM Ml NYC AH. SCOTLAND IQH 01/05 It/05 20/0S M/OS 20/05 20/03 21/05 10/05 22/05 22/05 AflCYPfg 110E 00/05 23/05 27/05 27/05 27/05 27/05 20/05 27/05 21/05 20/05 AftOaaUM Io4f 15/05 30/05 03/06 03/00 03/0* 03/06
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      826 26 HMNW^ HYUNDAI MERCHANT MARINE CO., LTD. Hiaipni: wwwi—2l.c— a MO. 120t7H0000H WW "ST sou 181 I mil MWIWMI ["jFlivßsa vot I sou um ct aw mo orv TT APIKARI 109W 2S/M 12/05 17/0$ 14/95 IS/05 MSUMMYX 1071 01/04 M/M 03/04 04/04 2S/04 ■01 MM S44W 24/04 17/ M 11/05 12/05
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      505 26 WAN HA! LINES INTRODUCING: NEW WEEKLY EXPRESS SERVICE >Men A > leddah >AQAIM Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. *—i wr wt t ASUEimSS ISM 2V/M 03/05 ij/OS T~l "/W l«/w 15/05 17/05 mm n/os n/05 i7/»5 w/05 M/* >3/04 t/M 11/00 1 J"J*" f/*2 W/N
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      621 26 m Si&IFA WfflQY EXPRESS SAILING SCHHXJLE ALSO ACCEPTING TO OU. MOB THERM AMDWESTEMMCOroHtT^ rasa mam vot [ni/ra |itvot| itt/ro I n>/Di| itt/Bi I nmwms* mnt ~WuT am vm in tmi gwg Bts JIM I MAT SXT IMAT HIT mflUMiphbs ng tmi tmi i?i»r is mat iim» awn so soil 13
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      946 27 VOY KHH HKO SIN HQ. PXB BAB DMM MK Iran TSSS2 ZOAN M 1?'!? 27/04 2,/04 05/04 06/04 M/ 04 10/04 05 04/05 03/03 12/05 13/03 13/05 17/05 ?f/2 5 11/05 12/05 19/05 20/05 22/05 24/05 MANKSMAN PCL-259 13/05 15/05 18/05 19/05 26/05 27/05 29/05 31/05 I«AN ISFAHAN pg-260 20/05
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      505 27 UK CONTINENT SERVKE I Loading for I DIMITRA RDM/ATW/BMN/UK/NAN I MARYLAKI ROM/A TW/BMN/UK/NAN J Loads Singapore. EJW. Malaysia Indonesa J MIDDLE-EAST SERVKE Loading for ANAJS LAND JDH/AQA/DMT PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT I LOK KIRTI HDD/JDH/AQA 1 LOK PRATIMA ADN/HDO/JDH/AQA II 'Loads Sngapore E7W Mataysa. Indonesa USA SERVICE I Loadng for I
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      658 27 Scm»A MVMi vhi Sir ma —*oi Ml h r/k lANDA £12 $j} ZIM 23/64 V/U SB aSti =4s ynaa hm zzzm__2izm_ .ffivSf U =4£i— M£J4U ziiz m/m m/m ggLJL Incmw tiT/ «/E ~S^M TPML ¥21 SI BJi ww ymr w Spoowss 1 ijulloll— 2® -Sls4£f aZM n/95 WOO DtftKl 1
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      176 28 L LINE W [l«ip—i I 9mmm Ibp Kww Bull Nlfl K—» Mtmjmwm Hong Kong Senotor 825E" 29/04 13/05 22/05 23/05 26/05 29/05 01/06 Hong Kong Senotor 825E" 29/04 15/05 20/05 21/05 Hong Kono Senotor 825E" "29/04 "18/05" 28/05 "2975T 3T705 0T706 Hong Kong Senator 825E" 29/04 20/05 03/06 Rostock Senotof
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      285 28 CWT GLOBELINK PTE LTD I 3 W OWNOFFKESIN TEL:622 51 833 (36 LIMES) FAX:*****742 n mWEnS SYDNEYMELBOURNE KNANGfOBT KELANG*ASM GUDANGKUCHING BANGKOK KARACHI BOMBAY "W DELHI-COLOMBO-MO CHI MINH I SHANGHAI XIAMEN FUZHOU DALIAN XIAM BEIJING SHI JIA ZHUANG QINQDAO DIRECT SAILING TO: uhidiam nmcomwmm MUMBAI (BOMBAY) icakw delhi KOLCATTA (CALCUTTA) kamolV
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      15 28 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS SHIPPING TIMES
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      222 28 M MYANMA FIVE STAR UNE (*y"wr NflfiMd Um) Vissa VOT s« na m ran am SMM w« mn su> MGM V3O4W SU> W MALAYSIA: OOUSTIAD SHtffINC AGCHCKS «UL 03-*****)00 03-317*4101 KM: 04-2****** BANK LINE (A ttrvict W~ NORTHBOUND TO EUROPE V comA»o, roto, nuu kavtufts *S» m NM6 NHU ANIP
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      30 31 HF v Hr Br Results Count Reach your shareholders and potential shareholder. Publicise your company's financial results in our newspapers. CaH toll-fre« 1800 289 8822 or email ntminfli|ili mi m
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