The Business Times, 26 April 2002

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Total Pages: 40
1 40 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) *****/2002 http://business-times.asia 1 com.sg SINGAPORE FRIDAY. APRIL 26. 2002
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  • 548 1  -  I ii exclusive One-stop aviation body expected to help Malaysia realise its regional hob goal From'. Eddie Toh in Kuala Lumpur THE Malaysian government is set to unveil a new civil aviation authority to better regulate the industry and speed up its
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  • 783 1  -  From^ Anthony Rowley in Tokyo JAPANESE policy-makers, who have been struggling to get the nation's battered economy back on its feet, can now afford to sit back and relax, it would seem. The economy is about to expand by over 3 trillion yen
    AP FILE PHOTO  -  783 words
  • 505 1  -  Any changes in CPF roles will be carefully measured, he reiterates By Andrea Tan Vince Chong [SINGAPORE] Senior Minister of State for Trade and Industry Thar, man Shanmugaratnam further soothed jangled nerves in the property market yesterday. In an e-mail response to BT's queries
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  • 636 1  -  Bnt workers slam the idea as discriminatory By DAvid Boey, Adeline Chia [SINGAPORE] The suggestion floated by Lim Boon Heng, Singapore's labour chief and Minister in the Prime Minister's Office, to trim Central Provident Fund contributions for workers aged 40 and above
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  • Page 1 Advertisements
    • 115 1 mnra &S!SSu* UTMiyw I Retailers lapping potential of women's golf market It covmr gtory 1\? f Top ttwtM A|IAL Ul^iuk www rumng wwnmt. Private board appraisals better for now. Rg J Hong Leong Asia snares rm o-Tnorun high on delisting tak.F»* r —h Jr "A ie**— informatics' profit rises 24%
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    • 107 1 Cash Cows ufdttMi likf <;«;v iIi111:; now w»* .*re ,1 f>'[i ilSHM It r»'|||iSlt'C. h' J !iHJ I o|| hrokini) firiP 1 w In tomorrow" tBT Millenia Walk is sprucing itself up with new names like Aseana Malaysia's well-known upmarket E~ and ethnic-inspired fashion and home accessories store while FJ
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    • 13 1 Editorial: Dangerous complacency, Pg 10 East Asia plan can reverse Japan's decline, PglO
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  • NEXT page
    • ON THE grapevine
      • 118 2 HERE'S the typical sequence of events on the last day of a US technology company's life, as revealed on the acclaimed website devoted to dotcom and tech burnouts, F*—edCompany.com: IIsOOmm E-mail from exec noting a 3pm meeting to announce some "bad news". 1:00pm: Employees seen
        118 words
      • 73 2 INVESTMENT opportunities are aplenty in Kazakhstan—and diverse, too. According to a report by the South China Morning Post, officials from the former Soviet republic were in Hong Kong to offer all kinds of business opportunities. Among them was this: for an outlay of US$11,500, you get
        73 words
      • 139 2 WANT to be seen to be "in" but worried you may be embarrassed by your poor pronunciation of brand names? Well, a socialite in image-conscious Hong Kong has come up with what will be a must-read for the region's nouveau riche: a pronunciation guide
        139 words
    • 654 2  -  They are being onerea attractive sign-on bonuses to join rival firms By Conrad Raj [SINGAPORE] Singapore remisiers, who were thought to be on the brink of extinction just months ago, are now being courted by broking houses with sign-on cash payments. "While at
      654 words
    • 515 2  -  By\ Sioe Li Sen [SINGAPORE] Acquiring Overseas Union Bank has given United Overseas Bank the dubious distinction of having the most problem loans extended to property developers among the three local banks to the tune of $1.2 bUlion at end-2001. For
      515 words
    • 326 2  -  Ate i> to MMwagß ywngS'prttas tototetteplngt By Chuang Peck Ming [SINGAPORE] The organisers of the annual Enterprise 90 ranking have iamftdMxi a sister list to showcase start ups and encourage more young Singaporeans to take Tha new leSOstartup" list will highlight innovative
      326 words
  • Page 2 Advertisements
    • 712 2 ERuiRI LkMednU. i I NEW WAVE TECHNOLOGIES LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of New Wave Technologies Ltd ("Company") will be held at 8 First Lok Yang Road Singapore *****1 on 14 May 2002 at
      712 words

  • SINGAPORE companies
    • 355 3  -  Upgrade by DBS Tickers also aided stock, which closed 6c higher at 88C By< Chua Hui Min THE share price of building materials firm Hong Leong Asia rose sharply yesterday to hit a six-month high amid privatisation rumours and an analyst's
      355 words
    • 619 3  -  II f quak hiang whai THERE has been much good news on [the corporate governance front of We. In particular, some of the major companies here are beefing up their standard of accountability and transparency, especially in directors' affairs. This week, the OCBC group
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    • 444 3  -  Trains are under warranty, insured against less of nse By Christopher Tan SMRT Corp has said the recent recall of 21 trains representing one-fifth of peak operational fleet is unlikely to have a financial impact on the group. "The market is quite inelastic,"
      FILE PHOTO; Source: Bloomberg  -  444 words
    • 301 4 Reuters SHARES of Singapore electronics manufacturer Flextech Holdings fell sharply yesterday after the company said it and a unit had breached certain loan covenants. But analysts said Flextech's loan problem may be solved if it is able to sell its stake in unit Asti
      Reuters  -  301 words
    • 374 4  -  All Meters grew ia turnover except Corporate Learning bubken Byi Adeline Chia MAINBOARD-listed information technology and business training provider Informatics Holdings posted a 24 per cent rise in profit to $21.5 million on turnover of $200.2 million for the year ended March 31.
      ARTHUR LEE  -  374 words
    • 225 4 Reuters SHARES of engineering services provider Penton International Ltd fell to a new low yesterday on news that it plans an equity placement to raise funds following a squeeze by its bankers. Penton fell to a new low of 18 cents, down 6.5 cents. It
      Reuters  -  225 words
    • 111 4 LISTED construction firm G&W Group said yesterday it plans to acquire a Koh Brothers Group subsidiary for $5.4 million. The subsidiary, Koh Brothers International, is primarily a China investment holding vehicle for Koh Brothers. Koh Brothers owns 67.5 per cent of G&W. G&W said
      111 words
    • 243 4 Straagpnvtk, $sJ£m exceptim*! Reuters ASIA'S largest service residence firm, the Ascott Group, yesterday unveiled a return to profit for the first quarter of 2002 against a loss in the year-ago period due to robust growth in its core business. The firm posted a
      Reuters  -  243 words
    • 264 5  -  It aims to identify those with the potential to become successful global brands Byi Chua Hui Min THE government will launch a study next Thursday measuring the brand value of publicly-listed local firms, to help them compete worldwide, it said yesterday.
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    • 253 5  -  New identity will better reflect current businesses By Grace Tan MPH Limited has embarked on a branding review to develop a new name and brand identity for its corporate structure. This will not affect the MPH Bookstores retail businesses which will continue to use its bookshop
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    • 220 5 THE Land Transport Authority (LTA) has launched $500 million worth of bonds, but only $10 million has been reserved for the retail tranche. This is the fourth time the LTA has tapped the debt market for funds since 1999. Together with
      220 words
    • 538 5 Reuters TAIWAN'S snack food maker Want Want Holdings said yesterday its China hospital venture will break even two years after opening, even as investors dumped the stock on fears the investment will impair the firm's health. Want Want suffered its largest one-day
      Reuters; FILE PHOTO  -  538 words
  • Page 3 Advertisements
    • 147 3 IS 1 irU 7" .'k SS Digital TV. The technological basis of a Spheros is its plasma display. Spheros represents the quintessence of television. This totally flat TV set can be hung on the wall like a painting or placed in the centre of a room like a sculptured work
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  • Page 4 Advertisements
    • 2 4 \o/ici's IBiiliaii
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    • 1197 4 iICSE CSE SYSTEMS ENGINEERING LTD (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the Annual General Meeting of CSE Systems Engineering Lid (The Conpany") wM be held at 19A Serangoon North Avenue 5. 3rd Floor. Avt-Tech Building Singapore *****9 on Monday. 13
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  • Page 5 Advertisements
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  • SINGAPORE markets
    • Article, Illustration
      288 6 OTHER SINGAPORE INDICES Apr 25 VALUE CLOSE WOiW -40.00 -262.00 WC— -*****.00 -92.00 -*****.00 -4.00 456.07 -2.12 MIPHMBmI 163.76 -2.95 1QBW*Iwfh 1509.50 +1.44 MrpJIiihap 428.10 +2.61 MWfcppw 217.00 -0.73 urnar+mm 216.30 -0.40 Stn*Tetl5c 37,606,000 DMOSC— 36.090,000 •PC020C— 23,160.000 Tectamh 10c 22.706.000 •Garttngmt 19.007.000 Parfcway H 25c 16.630.000 EuroplronlOc 17,544,000 •StaQuses
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    • 296 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan IT is a sad irony that shares of many profitable companies with strong balance sheets tend to be ignored by the market. One such company is cinema operator Eng Wah Organization, which by no stretch of the
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    • 746 6  -  l I comment STOCKS r. sivanithy THE top two most actively traded shares in the local stock market yesterday not only posted vastly divergent performances, they also epitomised the state the market currently finds itself in. On the one hand was Singapore
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    • 835 6 Fears of outflow of global investors' fnnds from the US Reuters AFP [TOKYO] The US dollar fell against the yen and other Asian currencies yesterday on speculation global investors were slowly shifting out of the United States on disappointment over the
      Reuters; AFP  -  835 words
  • 2945 6 UNIT TRUSTS FUNDS AM tan M Mgt (S'pnl Star Europe Eqtyl* 0.78V Star Eirope Id 0 96V Star Europe Bat 0874/ Star Asian Tiger Eqty 0868/ Star Asia Bond 1.26V Star Asia Balanced 0907/ Star Global Technology Ftaid!** 0-241/ Star Bhv Finance Japan Fund!** 0.77V Star Asia Bond(USD) 0.69V AM
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  • SINGAPORE news
    • 338 7  -  =4 on the economy visitor arrivals By I Serena Ng VISITOR arrivals to Singapore slipped 1.6 per cent in March from the same month a year ago, while first-quarter's arrivals were down 3.5 per cent year-on-year to 1.85 million visitors, the Singapore Tourism Board (STB)
      Source: STB  -  338 words
    • 412 7  -  exclusive The world's 2nd largest aircraft engine maker chooses the Republic over Bering and HE Reports by] David Boey SNECMA, the world's second largest maker of aircraft engines, will set up its Asia-Pacific headquarters in Singapore in early May after ranking the Republic ahead
      ARTHUR LEE  -  412 words
    • 203 7 FRANCE'S newest aircraft carrier, the Charles de Gaulle, is due to steam into Singapore next week as part of her maiden voyage to Southeast Asia. The visit by the 38,000-tonne aircraft carrier, Europe's first nuclear-powered surfaceship, is expected to give
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    • 368 8  -  They shop around for the best deals and form multiple online relationships By Siow Li Sen BANKS are facing a new competitive threat as more Singaporeans take to online banking since it stimulates the growth of multiple online banking relationships which, in turn, lead
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    • 312 8  -  Byy Vince Chong THE Economic Review SubCommittee for Domestic Enterprises has formed a workgroup to look at ways to ensure that the construction industry remains competitive. This was disclosed by Minister of State for National Development Vivian Balakrishnan at the BCA Awards 2002 held last
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    • 365 8  -  Buyer Ergo wants developer to manage retail space at prime mall By Vince Chong CAP IT ALAND has been approached to manage Wisma Atria for German insurance giant Ergo, which is believed to be involved in a $450 million deal to buy into Wisma
      FILE PHOTO  -  365 words
    • 298 8 THE Singapore Land Authority (SLA) is putting up for auction a petrol station site at Upper Thomson Road, venturing for the first time into direct land sales. The statutory board said yesterday that it appointed Jones Lang LaSalle as auctioneers for the 3,555 sq
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    • 238 8  -  By Andrea Tan JTC Corp's first-quarter report card showed a poorer performance across all sectors of its industrial facilities. Take-up for industrial land reversed into negative territory. Much more space was terminated than allocated during the quarter, resulting in net allocation of minus
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  • Page 7 Advertisements
    • 45 7 Learn Now To Control Your nisks Ha ANNIAI INTERNAL J AIIITCONFIIENei A Slaiaoara larrttt 19-14 Mf 2002 li^il Lianhe Zaobao I Ifnniinil i vapiraii I from China's I I rural areas I I a grave I I concern I I HKit I I I ilf
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    • 105 7 sEIBsHEPv I STEEL TECHNOLOGY JUST LEAPT I SEVERAL YARDS AHEAD. Introducing Steelhead 111 Metal Woods with a hotter VFT face in the driver and lower center 4 of gravity in the fairway woods. They deliver more distance and forgiveness, taking the GOLF performance of steel farther than ever before which
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  • Page 8 Advertisements
    • 1404 8 0 Z{ WAH SHING INTERNATIONAL HOLDINGS LIMITED J (Incorporated in Bermuda with limited liability) 2 NOTICE OF ANNUAL GENERAL MEETING 1 NOTICE IS HEREBY GIVEN that the Annual General Meeting of Wah Shing International Holdings Limited (the "Company') will be held at 1 Connaught Room, Level 2, Carlton Hotel Singapore,
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    • 27 8 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800- 289-9988 for this free service. C.A.T.S. Buy It Sell It Find It. Another Classified Service
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    • 50 8 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.6©singapore.idp.edu.au or telephone 6736 7040/41. ■kn M 8 www.IMHIUn.MH.iI/lßlUfl/TVMBrCfI PRWktor rwnbar OOOOaC
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  • Page 9 Advertisements
    • 28 9 Page£ THE ART OF MODERN LIVING. Thelincolnmodern. A new concept in luxe living 20 Lincoln Road (behind Royal Hotel) Viewing by appointment only 65 6734 9119 A Y -<" ;.>
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  • EDITORIAL & opinion
    • 632 10  -  i!! 4 1 bottom line OPINION harish mehta The writer is BT's Bangkok correspondent THAILAND'S telecommunications sector is in political gridlock. Foreign and domestic telecom companies are finding that they cannot apply for a licence, or a new concession, to operate landlines or
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    • 133 10 'Common sense tells you something is rotten.' An Yerger research director of the Council of Institutional Investors, which represents 120 pension funds with more than USSI trillion in assets, on the finding that in 54 per cent of the 673 largest US bankruptcies since 1996, auditors provided
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    • 586 10 EDITORIAL A MIXTURE of complacency and resignation seems to characterise the present attitude of Japanese policy-makers towards management of the nation's economy, and this is matched only by political apathy. There is a sense of drift in both areas as events dictate reactions almost from day
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    • 1282 10  -  Like the post-WWII Marshall Plan for Europe, soch a programme might just do the trick in helping Japan's moribund economy recover By Eric Teo Chu Cheow The writer, a business consultant, is council secretary of the Singapore Institutefor International Affairs (SUA) and
      AP  -  1,282 words
    • 420 10 11l Mil bag Dml tie a person's worth to act I REFER to your article "Lower the CPF rate for workers aged 40+, Boon Heng suggests" by Chuang Peck Ming (BT, April 25). Tying a person's worth to his age is a
      420 words
  • Page 10 Advertisements
    • 68 10 We welcome letters. E-maH us at btletterQsph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore3lB994. We need your full name, address and telephone number, so we can verify It came from you. Ptease use temperate language, and bear
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  • FOCUS hu jintao's visit
    • 889 11  -  Chinese Vice-President Hu Jintao the next likely leader of China arrives in Singapore today for his first official visit to the Republic Reports by Loh Hui Yin SOMETIME ago, a Chinese government interpreter, while translating for President Jiang Zemin, did not know who Hu
      AFP  -  889 words
    • 322 11 GETTING-to-know-you is the top iniority when Chinese Vice-President Hu Jintao zips into town today for his first official visit to Singapore. "Through our interaction with him, we want to give him a sense of what Singapore is, and ensure that we
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    • 483 11  -  Visit seen to have major impact on Sino-American ties in coming years From Leon Hadar in Washington US officials, lawmakers and Asia analysts are all eager to meet the somewhat enigmatic Chinese politician who is expected to show up in Washington next week, and who could
      483 words
  • Page 11 Advertisements
    • 879 11 Pagel SEMINAR Details «F*nse control as well as being Cash managements effect on revenue Date 9 May 2002, Thursday able to make excess cash work for you. and expenses Venue Swiss6tel Merchant Court This seminar will give you the tools to Collecting accounts receivable Time 9.00 am to 5.30 pm
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  • REGIONAL news
    • 520 12  -  It won't include plan in forthcoming corporate governance review Fromi Audrey Tan in Hong Kong THE Hong Kong government has rejected a proposal to form an association that aims to protect minority shareholders' interest in listed companies here. In a recent e-mail to investor
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    • 151 12 KUALA LUMPUR Reuters COMPANIES wishing to operate a hypermarket in Malaysia must have at least RMSO million (Ss24 million) in capital to obtain a licence, the Bernama news agency reported on Wednesday. Under new guidelines issued by the Domestic Trade and Consumer Affairs Ministry, hypermarkets will
      Reuters  -  151 words
    • 411 12 KUALA LUMPUR He is now firm's biggest shareholder with 17.3% stake Bloomberg SUNRISE Bhd said property tycoon Lee Kim Yew doubled his stake in Malaysia's biggest condominium developer to 17.3 per cent in offmarket trades, making him the biggest shareholder. Mr
      Bloomberg; FILE PHOTO  -  411 words
    • 207 12 KUCHING Bloomberg Ist Silicon Malaysia Bhd, Malaysia's first chipmaker, said it plans to raise US$3OO million this year to fund expansion and compete with bigger rivals such as Taiwan Semiconductor Manufacturing Co (TSMC). "We're looking at a combination of current investors as well
      Bloomberg  -  207 words
    • 479 14 HONGKONG Some fixed-line rivals cheaper, bat only 2 of 29 govt buildings used them AP Bloomberg AN audit has accused the Hong Kong government of choosing telecoms group Pacific Century CyberWorks to provide most of its telecom services although cheaper alternatives are available.
      AP; Bloomberg; REUTERS  -  479 words
    • 455 14 JAKARTA Bot new rating still way below investment grade Dow Jones Newswires MOODY'S Investors Service Inc raised its outlook on Indonesia to positive from stable yesterday, citing improved confidence in the country's debt situation after a US$5.4 billion rescheduling earlier this month. But
      Dow Jones Newswires  -  455 words
    • 167 14 Reuters [JAKARTA] Indonesia has finished drafting a new bankruptcy law to replace an existing regulation it says contains some legal flaws, government officials said yesterday. Indonesia's current bankruptcy law, introduced in 1996 at the height of the Asian economic crisis, has proven to be ineffective
      Reuters  -  167 words
    • 324 14  -  Froml Harish Mehta in Bangkok THAILAND'S Bank of Asia is raising fresh capital by issuing new shares worth 6.9 billion baht (SS2B9 million), in a bid to cushion itself and expand its lending business, the bank said yesterday. The move comforted investors,
      324 words
    • 356 14  -  Move will save billions for Chen administration Prom\ Macabe Keliber in Taipei IN a move aimed at streamlining the administrative structure and reducing fiscal strain, the government here wants to cut 12 ministries and over 35,000 civil service jobs in
      356 words
    • NOTE Book
      • 56 14 Reuters [BEIJING] China's central bank is curbing the opening of small, inefficient outlets by domestic banks to help make them lean and mean amid heightened foreign competition, the Financial News reported yesterday. It would no longer grant approval to banks to set up small
        Reuters  -  56 words
      • 38 14 Bloomberg [JAKARTA] The Indonesian government plans to replace some deputies at its bank rescue agency, the Indonesian Bank Restructuring Agency, to help accelerate asset sales, State Enterprises Minister I .aksamana Sukardi said. —Bloomberg
        Bloomberg  -  38 words
      • 83 14 Dow Jones Newswires [HONG KONG] Anticipating a potential upturn in Hong Kong's stock market in H2, several mainland insurance and property giants are seeking listing* in Hong Kong, the Ming Pao reports. Ping An Insurance seeks a HKflO billion flotation in 2002, while People's Insurance
        Dow Jones Newswires  -  83 words
      • 48 14 Bloomberg [TOKYO] Yakult Honaha Co will build a plant in Malaysia to make Yakult lactic drink, its first entry into the country. It wiH start constmction later this year and plans to begin production and marketing in 2003, Yakult Honaha said.—Bloomberg
        Bloomberg  -  48 words
      • 46 14 Bernama [KUALA LUMPUR] n»e government is paying serious attention to new development in biotechnology and three research institutes will be set up specifically to tap advances in biotechnology. Science, Technology and Environment Minister Law Hieng Ding said yesterday.—Bernama
        Bernama  -  46 words
  • Page 12 Advertisements
    • 2156 12 \<>/ices HI wioqnccomp international Magnecomp International Limited NOTICE OF ANNUAL GENERAL MEETING £sfX££l XtJSZZZZ oom te 2 AS ORDINARY BUSINESS 1 adopt D recto Report and Audited Accounts of the Company for the year ended 31 December 2001 together with the Auditor?' Kepon thereon. (Rwekstten 1) 2. To re-appoint Ernst
      2,156 words

  • Page 13 Advertisements
    • 1094 13 A otices YPMPPMRPPPQPMHMHHH IN THK MATTER OF THE COMPANIES ACT (CHAPTER »> AND IN THE MATTER OE SHCEN I.IAN INVESTMENTS PTE LTD Mcaber*' Votulary liqaidetiue) NOTICE OF FINAL MEETING NOTICE IS HKRhBY GIVF.N thai pursuant lo Section 308 of the Companies Act (Chapter 50). thai the Final General Meeting of
      1,094 words
    • 1579 13 ALLGREEN PROPERTIES LIMITED (Incorporated m the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the 16th Annual General Meeting of Allgreen Properties Limited will be held at The Gallery level 2, Traders Hotel, 1A Cuscaden Road, Singapore *****6 on Friday, 17 May 2002 at 10
      1,579 words
    • 396 13 IN THE MATTER OF THE COMPANIES ACT. CAP SO AND IN THE MATTER OF DEGUSSA PTE. LTD. (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 19/F, Unit A, Manulife Tower, 169 Electric Road. Hong
      396 words
    • 370 13 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No *****0 of 2002 In the Matter of the Companies Act (Cap. 50) And In the Matter of ICHIBAN INDUSTRIES PTE LTD (RC No. *****6473Z) ADVERTISKMF.VT Of petition NOTICE is hereby given that a Petition for the Winding
      370 words
    • 1492 13 I SINGAPORE PETROLEUM COMPANY LIMITED I (Incorporated in the Republic of Singapore) I Notice of Annual General Meeting I 1^ E HER C EBY G, Y E U the Annual General Meeting of the shareholders of the Company will be held I at Maritime Square #10-10, World Trade Centre, Singapore
      1,492 words
    • 149 13 M THE MATTER OF THE COMPANCS ACT, CHAPTER 50 AND M THE MATTER OF MANSB ELECTWC SMGAPORE PTE LTD (M VOLUNTARY UQUDATION) NOTICE TO SUBMT PARTICULARS OF DEBTS OR CUUMS NOTICE IS HEREBY GIVEN THAT the creators of Vsabovenamed Company eftoaedatits or dans have noi afeafly been admitted are requrad
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    • 148 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FACTOR-E ASIA PTE LTD (In CracMon' Voluntary Ljqukfctton) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Companies duty convened and held at 95 South Bridge Road #07-28 Pidemco Centre Singapore *****7 on the
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  • Page 14 Advertisements
    • 2201 14 G. K. GOH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING J! 0 HEREBY GIVEN that the Thirteenth Annuel General Meeting of G K. Goh Holdings Limited wW be held at C ntn 50 R ffl# 1101 02 Singapore Land Tower. Singapore *****3 on Saturday.
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  • Page 15 Advertisements
    • 1176 15 Xofices i i e'TPii-,,'r--n--rtll' "I.WHH INK INTER-ROLLER ENGINEERING LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTKI IS HEREBY GIVEN that the Annual General Meeting of Inter-Roller Engineering Limited will be held at 20 Benoi Crescent Singapore *****3 on 28 May 2002 at 10:00 a.m. for the following purposes: AS ORDINARY BUSINESS
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    • 414 15 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of FINESSE ALLIANCE INTERNATIONAL PTE LTD (PROVISIONAL LIQUIDATOR APPOINTED) NOTICE Of CREDITORS' MEETING PURSUANT TO SECTION 296 Of THE COMPANIES ACT, CAP. 50 NOTICE IS HEREIY GTVEN ihat pursuant to Section 296 of Ihe Companies Act, Chapter
      414 words
    • 1633 15 NUCLEUS ELECTRONICS NUCLEUS ELECTRONICS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING thC ?th Annual General Meeting of the Company will be held at 41 Kaki Bukit Place, Singapore *****9 on Monday, 13 May 2002 at 11.00 a.m. for the following purposes:ORDINARY BUSINESS D o u^
      1,633 words
    • 926 15 AEM-EVERTECH HOLDINGS LTD AE M-E vertech notice of annual general meeting NOTICE S HEREBY GIVEN that the Annual General Meeting of AEM-Evertech Holdings Ltd ("die Company*! wi* be held it 52 Serangoon Nordt Avenue 4.Singapore *****3 on Wednesday. IS May 2002 at 9 30 a.m.for the following purposes: As Ordinary
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  • Article, Illustration
    989 16 I Transaction date: Apr 25 liTHIMMlCMWUTB o W tw IB at 1**0*1* fm Wm m «2<Nfc* Hm $k ffl 0JH <UOt "05 <■*» 2(*****7(3 17W 747( 2.0*5 12* ***** ***** 0.905 l«7 0.991 K.9Q3 ***** 0.374 0544 2?" 4,744 140 tW ***** 5M 0424 1310 2.425 *****1335 32.442 LH4
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  • WORLD news
    • 604 16  -  Advanced nations to see LB% growth bnt US current account deficit poses risks From, Anthony Rowley in Tokyo THE OECD yesterday delivered a cautiously upbeat assessment of global economic prospects for the coming two years in its latest Economic Outlook, suggesting that output among
      604 words
    • 406 16  -  Prices expected to stay aronnd US$2O-22 level in near term By\ Ronnie Lim [SINGAPORE] A "scare" premium of around US$4 a barrel, caused by fears over an oil embargo and an escalation in the Is-raeli-Palestine conflict, has led to recent volatile
      406 words
    • 498 19 NEW YORK Acttobeasedm probe of whether brokers misled investors Bloomberg NEW York Attorney-Gen-eral Eliot Spitzer, whose investigation of securities firms has forced Merrill Lynch Co to make wider disclosure of conflicts of interest in stock research, is taking on
      Bloomberg  -  498 words
    • 345 19 nayatfelPOdiaitsbvy «t«ck to inflate frice, It mjb Bloomberg [NEW YORK] Merrill Lynch 4 Co, Goldman Sachs Group, and other investment bank required customers seeking shares In Initial public offerings (IPOs) to buy up to four times more slock in the companies after
      Bloomberg  -  345 words
    • 481 20 WASHINGTON Bnt excluding huge accounting charge, USss4b loss would come to just USslm NYT AOL Time Warner announced the biggest quarterly loss in US history on Wednesday and acknowledged that its Internet service, a key business, needs help. Despite some bright spots
      NYT; REUTERS FILE PHOTO  -  481 words
    • 381 20 WASHINGTON Reuters THE US economy is improving after falling into recession last year, but concerns remain about the pace of recovery, the Federal Reserve said on Wednesday in a report. "Almost all Federal Reserve districts reported signs of improvement or actual increases in economic
      Reuters  -  381 words
    • WORLD Watch
      • 138 20 Bloomberg Reuters [WASHINGTON] US labour costs roee In the first quarter at the slowest pace In three years as companies limited salary Increases and paid smaller bonuses to preserve profits. The employment cost index, a gauge of US businesses' labour expenses, rote
        Bloomberg; Reuters  -  138 words
      • 54 20 Bloomberg [MUNICH] Siemens AG reported a doubling in fiscal second quarto* profit and said it will eliminate 6,500 more positions at its unprofitable networks division. Net income in the three months through March rose to 1.28 billion euros (Ss2 billion) from 578 million
        Bloomberg  -  54 words
      • 69 20 Bloomberg [EXETER, New Hampshire] Tyco International chief executive Dennis Kozlowski cancelled the breakup of the conglomerate, saying his idea was a mistake after shareholders lost US$4l billion since the plan was announced. The company will eliminate 7,100 jobs and close 24 facilities, and said fiscal second quarto*
        Bloomberg  -  69 words
      • 69 20 Bloomberg [PARIS] Alcatel reported a fourth straight quarterly loss and said it sees no sign of a recovery in demand for network gear. The French company had a loss of 836 million euros (Ssl.3 billion), or 72 cents a share, in the first three
        Bloomberg  -  69 words
      • 84 20 AFP [TOKYO] Japan's NEC Corp yesterday said it lost 312 billion yen (S$4J billion) in the year to March due to slack demand, but expected a return to profitability in the coming months. NEC's net loss in the year to March was slightly worse than
        AFP  -  84 words
      • 66 20 Bloomberg [TOKYO] Fujitsu Ltd said it had a record loss last fiscal year because of the cost of cutting jobs and reorganising its businesses. Fujitsu had a loss of 382.5 billion yen (515.3 billion), or 192.98 yen a share, in the year ended Mar
        Bloomberg  -  66 words
      • 65 20 Bloomberg [TOKYO] Toshiba Corp posted a record full-year loss because of costs related to its exit from unprofitable businesses and job cuts. The company posted a loss of 254 billion yen (553.5 billion), or 78.9 yen a share, in the year ended Mar 31,
        Bloomberg  -  65 words
    • 332 20 SACRAMENTO, California Pension fond urges firms to learn from Enron's collapse Bloomberg CALPERS named Qwest Communications International Inc and Lucent Technologies Inc as two of the worst-run US companies, saying corporate America should heed the lessons of Enron Corp's collapse. The biggest US
      Bloomberg  -  332 words
  • 1396 16 SICOM FUTURES Apr25 IWKII^iUCOH^nlui) CtoM Mm Wffc L— Sttt ft—» mmmt 02 ***** J" 02 B22S B175 ***** ISS3fU$c«ntjA4) VataM OBM t— %m o—■) irtiC 55 «3o HO J» 02 (iSO 2M 6625 66.00 tUS 50 2990 6625 66l00 MJB 50 2950 TSt 20(USc*tf*ta) VoIhm Obm u» mi fi—,i
    1,396 words

  • Page 17 Advertisements
    • 1015 17 A oliccs I'l'iTtVt'.'f 7 rl '^fi 1 '"li-'-'i ■rililLl'll In tfca MuH»i of Km Ccwponi.. Act, Cop. SO And In (4m Muttai at QTYIANf SHIPPING PTE LTD STATUTOKY DECLARATION BY MRECTOCS Of COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I. NG LEE HWEE of 99 Ca<lt«w Road
      1,015 words
    • 1692 17 CHUAN SOON HUAT INDUSTRIAL. GROUP LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the Annual General Meeting of the Company will be held at 18 Suncet Street 2, Singapore *****6 on 16 May 2002 at 4.00 ptn for the following purposes: AS ORDINARY BUSINESS 1. To receive
      1,692 words
    • 1158 17 NOTICE lo —cow* 3 P d Whteh Company r ®o®tered shareholders of the securities In er ceB <* frs Company as nominees during the period from 19 October 1964 to 30 November 1908 pisses write to the liquidators at the address stated below, within 2 months from the date of
      1,158 words
    • 152 17 MMjauammi mewjmjt Off Ongmaa* (VOboi No *****9 of 2002 la Hie Matter of the Companies Act (Cap 30) Section 2278 And la the Matter of PROJECTION nr LTD (RC No *****3473R) BBUMUMIM. MAMAKnirvrmiw rot publication Notice h hereby fivca ikai oa the 20th day of April, 2002. aa order for
      152 words
    • 297 17 yMBHMBf Companwa Windng Up No. M 0122 Of 2082 In »ie Matter of Sie Comparaee Act Chapter SO And In toe Metier of OPYMEV MTERNATONAL PTE LTD (RCB No. 1B*****27H) AnYTfITMfMI 111 1111 111 111 NOTICt hereby gwan thai a PatlHon tor *>a Winding up at toe ebwonamed Company by
      297 words
    • 206 17 M THE MATTER OF THE COMMMES ACT, CAP.M AND 01 THE MATTER OF THREADHEHMi (ASM) FIE LTD NOTICE M HERESY 6fVBI pursuant to Sactxxi 308(1) of the Companies Act. Cap.so, that a Final General Meeting of toe atoovenamed Company en* be held at Bft 73 Eng Watt Street #03-05 Singapore
      206 words

  • 4337 18 Transaction date: Apr 25 for more, go to wwwjasiaorwTuriarketsxom HONG KONG Ml ma w- tbbb AaoaAaa Mufturwdu 0t9 -003 £54 Alpha General 0.03 unch 3100 Am*Prap -155 0-25 ***** AnandalMngOn 006 inch *****0 Angara New Ste«l H 1.12 -0 02 ***** Anhui Conch H 230 003 2624 Anhu
    4,337 words
  • 2244 18 Transaction date: Apr 24 KUALA LUMPUR VW m w- cm A AM Realty 1J5 -OOI 122 Abric 108 -006 2C0 ACP Industries UO -0.08 20 Advance Synergy 061 -0.02 S25 AfBn Holdings 035 -0.01 190 Ahmad Zaiti Res 4.90 -002 13 AlCCorp SOS 010 177 A*beeBes.._ 1.70 0.06 3>2
    2,244 words
  • 651 18 Transaction date: Apr 25 y- OJO 1.UB 4M o£?£2-n»H*, !"2 IS !ff? 2? "tt»00 MtMMXc 1J? 4W) -a 120 OU( 041 4J50 g»P-!»L *f» as ojio Ow**TSc OJO 72.000 -0J00 SGX !c OA 1JOO -0 010 Were UN 1SJ00 ♦OJOO lASOc 7M ***** Mnfaowjk aa ojdo .ooao mt* as
    651 words
  • 594 18 BONDS WARRANTS J2 c Mi ««r- dt* Mw %*m*m U» AsnvMMoui a -05 4S2 i 16 5 i.4a 2c AonitWwmitK 1 SO 430 3.33 11 An*ffcWD***** e -25 105 1 33 2 30 Amrstrong W*****0 ..A -OS 10 1 10 22 250 25 1 W W5 1U0 J Bar6*SA*****110k 104
    594 words
  • Page 18 Advertisements

  • 2628 19 Transaction date: Apr 25 for live prices, log on to umrwjasicumemarketsjco g ft a-BTB I a., j, j-aya-tana^ 9 A8NAmroNLGS6c -20 u I T* <£ n i SI a7 V aj S s »i i« 17 i m ,2 "SB ffiSMszzzS 5* 5 *2 2S 5 S Ii
    2,628 words
  • 49 19 t-. a a ■Tu.a.-a.-t a"? gra-B HMO ®tO i Oumorek USWQqJ ***** an xjosBoiusita* us«io $15 «0 i IS MSO Sport ussn *70 ISSVSOO US It MO 9950 i m US***** -270 ***** ***** -III"* 1905 1711 c SntTTlOO 1726 -J 67 1713 1722 1726 1727 I
    49 words
  • 904 19 *j- f«l -i? ■> MOB Wtaf —*—1 M» f— to» >■ SdH Cw Hi |g |3g 323 11 AWMdgiV It unch 59 IS IS IS 19 Ht 405 12 c APCMSc SJcri -1 246 23 22.5 225 23 S 115 11 1* *o 2 J 2*/i£ta»T 2i L-.
    904 words
  • 187 19 a J■r-.s'B. Jt." B 35S2SJzz:3. J} Ti t J2 Omrtg KongSOc HK 1790 240 (J (7 40M.S O Cttyc VAiOcraLtHK 55 -95 2 74 14 54.5 210.7 <"*4"'2000U5~ 755 11.1 2.1 4* Ml J *5 11 GMIngMUS. 213 »1 ***** 2] 205 21 215 -535 *5-2 MKT 400MK
    187 words

  • Page 20 Advertisements
    • 346 20 Some things in life are simple Protect yourself Invest your wealth Si Save for the Future f S£&* s 4p and Stand a chance to win a new Mitsubishi SUV! Enjoy the rewards of taking care of your family's health, wealth, and well-being and get a chance to win a
      346 words

  • Page 21 Advertisements
    • 138 21 Fair Game > J Golf, once considered a male domain, is now I fast catching on among women. The growing f v trend has not been lost on retailers keen to I. f tap the potential of the ladies' market. < CORINNE KERK reports. See EL2 4k ISBBE^'X^HHHHHHii >k *rt-
      138 words
    • 32 21 INSIDE Pursuits Revenge of the little white ball EL 3 Golf Tee off without feeling guilty EL 4 The Arts Simryn Gill: Playful yet subtle EL 6 Epicure Friendly Spizza EL 8
      32 words

  • PERSPECTIVE
    • 671 22  -  l»]33the cuff Is it about local in-jokes? Staff like foreign maids, government, Siagtish? Sorely, there's mere to it jaime ee I WAS sitting under a rambutan tree looking for enlightenment. Conventional thinking would have me looking for a Bodhi tree or was it a Banyan tree,
      671 words
    • Article, Illustration
      1782 22 COVER STORY IN about a month's time, Rebecca, a property executive in her early 30s, will troop up to Malacca with seven other career women. And they're not heading north for shopping or dining. They're going to play golf. While they're still novices in the sport, their passion
      1,782 words
  • Page 22 Advertisements
    • 76 22 Jjj& company formation in all st'e c .v $P|PP*P tax arc-js nc.uciirg V •;>*■ v* B v Incorporation f-ees from USSSOQ The world's >*e'sa*s sen aw, ae* leading --."v 1 Florence Nathan, Offshore Company and Tax Tel: (65) 6535 3382 Fax: (65) 6535 3991 Planning WWw Specialists vVIDF li; y»*
      76 words
  • Page 22 Miscellaneous
    • 292 22 CBYPTIC CROSSWORD ACROSS 4 The wa V young attendant 7 Irish fellow plainly much at- p arol *f tached to an old house (9) 5 month or the present 8 A portion of prunes is chosen, naturaNy, as a laxative n 1 taken in? There s (5) no answer to
      292 words

  • PUKSUTIS
    • 722 23  -  sampel ee seeks refuge at Earth Sanctuary, a converted three-storey shophouse spa, after a strenuous game of golf SAMUEL EE A WHITE dimpled ball, whacked across a few miles of landscaped flora before finding permanent refuge in deep water or bushy vegetation, usually leads to two
      722 words
    • 667 23  -  Ekornes' Stressless chairs are anatomically designed to follow body movements Byi Cheah Ui-Hoon EVER feel the stresses of the day draining out of you when you sink into your favourite chair and put your feet up? A Norwegian furniture manufacturer is proposing that de-stressing can be
      ARTHUR LEE  -  667 words
  • Page 23 Advertisements
    • 59 23 CARAN d ACHE OF SWITZERLAND I J, IU S COLLECTION >DEL I VAN HOE MAKE YOUR MARK Sole Distributor: SILVAROYAL PRIVATE LIMITED 27 Loy.ingW.iy Singapore *****8 C.ti .in Actie is-iv.iii.ibic it TAKASHIMAYA iLe*c< 3i TIMtS NEWSLINK Oi.vi? A T I i Dep.it ni'i'Tr.visit Lou- -< t.i«.' A T 2 (Dcp'-tu.i
      59 words

  • GOLF
    • 779 24  -  vensreemivasam suggests some destinations which will please both golfers and their non-playing families during the coming school break VEN SREENIVASAN WITH the monthlong June school break just around the corner, golfers once again face the dilemma of concocting holiday plans for the family which don't
      779 words
  • Page 24 Advertisements
    • 710 24 xotic Cttnesi Cuisine I 8331 SPECIALLY SEUCIEO rammnmi DISKS Singapura XO Pandan Prawns. $18 Braised Sea Cucumber w/Fish Maw Mushrooms in Casserole $38 Fried Squid w/Chef's Special Sauce $15 Braised Pork Trotter Shanghai Style $28 Scallops, Prawns Mushrooms in Tofu $14 Stir-fried Eel w/Dried Chilli "Sze Chuan" Style $15 Drunken
      710 words
    • 51 24 Celebrate SECRETARIES'WEEK 22 26 Apnl 2002 Tunc 12:00 noon 2:30 pen Price $48 nett per person $40 nett per person (Diners Qub/Dine-amics members only) Venue Mandarin Ballroom (6th floor, South Tower) Rcserobons/Ticketing Hodinc: 6831 6288 Fax: 6831 6284 MtmSkorum 7>y s®® 333 Orchard Road. Singapore *****7 "Tel: 6737 4411 FaxT6732
      51 words

  • CINEMA
    • 593 25  -  Monster's Ball greatest weakness is its meandering pace and over-subtlety By, Jaime Ee WHY do white men eat chocolate ice cream, and not vanilla? It's one of the little quirks of racist prisons officer Hank Grotowski (Billy Bob Thornton), perhaps a subtle allusion to the inner
      593 words
    • 381 25  -  By] Parvathi Nayar IN theory, the idea behind Talking Cock is fun a straight-talking unvarnished look at Singapore. Besides, let's not underestimate the potency of familiarity: it's rather endearing to see so many recognisable slices of Singaporean life up there on the silver screen.
      381 words
    • 420 25  -  Another Heaven is more palatable if it's seen as a straight snspense thriller By < Geoffrey Eu THE bizarre criminal happenings portrayed in the opening moments of Another Heaven seem to indicate that the Japanese equivalent of Hannibal Lecter is on the loose and hungry
      420 words
    • 571 25  -  S'PORE INTERNATIONAL FILM FESTIVAL Batang West Side takes Best Asian Feature Film award, while BliaiWj Eliana hflgp NETPAC/Fipresci award Byl Susan Tsang TWO premiering films walked away with the top prizes at the 15th Singapore International Film Festival last night. Batang West Side, a Filipino
      571 words
    • 327 25  -  The hostage drama is too preachy and familiar By] Parvathi Nayar APART from having the Oscar man of the moment, John Q's themes are laudable: free/affordable healthcare for everyone, good family values, the importance of medical insurance. But director Nick Cassavetes puts these together
      327 words
  • Page 25 Advertisements
    • 32 25 fl H pi, Ermenegildo Zegna Singapore Paragon #01-34 1\b1: 65 6730 8147 {Singapore Isetan Sootts Level 3 Tbl: 60 6730 0039 Malaysia 024 Ground Level Suria KLOC Tel: 03 2166 1017 www.segHA.oom
      32 words

  • THE ARTS
    • 680 26  -  Simryn Gill, one of SE-A's most internationally acclaimed artists, teases out meaning in her works exploring identity, racial and religious purity, says BIM KARIM RASLAN SIMRYN Gill is one of South-east Asia's most highly-regarded artists. Next month, she will be the sole regional participant in the Sydney
      680 words
    • 656 26  -  To sell its 'lifestyle' project, SC Global commissions and exhibits art works By I Corinne Kerk SELLING homes in Singapore is a study in herd behaviour. When the market is hot, developers can pretty much sit back, while buyers will queue overnight for units they can
      656 words
    • 566 26  -  By Corinne Kerk PRESENTED by SC Global Developments, -ism: The Art of Modern Living aims to highlight the intrinsic relationship between art and life in the 21st century, with the artists' interpretations of The Lincoln Modern and modern living presented in various forms of contemporary
      566 words
    • 378 27  -  By < Cheah Ui-Hoon ABHINAYA, Arul Ramiah's "journey of return", could have turned out to be a self-indulgent watch-me-dance presentation by the Harvard law-trained occasional Bharata Natyam dancer. Instead, because of her artful collaboration with photographer Ken Seet and videographer Tan Siok Siok, the well-conceptualised
      KEN SEET  -  378 words
    • 418 27  -  Gautama Buddha used lights effectively but failed to hold op in other parts By Aaron Lye TO define where The Life of Gautama Buddha: An original stage play stands in the grander scheme of all things theatrical is a difficult task. As a play with
      418 words
    • 439 27  -  Wild Rice's good staging of Animal Farm conveys its enduring dark message, says TFI-MMHT CHEAH UI-HOON ANIMAL Farm, with its colourful characters and an-ti-establishment satire, is undoubtably fine fodder for a dramatic adaptation. And Wild Rice's dramatic processing of it did justice to the resonating allegory of
      439 words

  • Page 27 Advertisements
    • 1051 27 DEL MONTE PACIFIC LIMITED (Incorporated in the British Virgin Islands with Hmited liability on 27 May 1999) NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of Del Monte Pacific Limited (the Company") will be held at the Hullet, Level 4, Raffles City Convention Centre, Raffles The Plaza (formerly
      1,051 words
    • 937 27 DEL MONTE PACIFIC LIMITED (Incorporated in the British Virgin Islands with limited KabHty on 27 May 1999) NOTICE is HEREBY GIVEN that a GENERAL MEETING of the Company will be held at The HuNet Room, Level 4, Raffles City Convention Centre (formerly known as The Westin Stamford and Westin Plaza),
      937 words

  • EPICURE
    • 570 28  -  ooßoniE kerk finds the little pizzeria cosy yet lively CORINNE KERK IT'S so rare to find a pizza place in Singapore that combines authenticity and a convivial ambience with good food and reasonable prices, that the Singapore foodie is likely to feel at ease the moment he steps
      570 words
    • 489 28  -  By Jaime Ee IF it was easy to make a good sandwich, then it should logically follow that ifs easy to find a good sandwich. But it isn't. A good sandwich is like a good pillow not too soft, not too hard, resilient, with an adequate
      ARTHUR LEE  -  489 words
  • Page 28 Advertisements

  • SHIPPING TIMES
    • 249 29 Reuters THE Baltic Dry Index (BDI) fell five points to 1,068, the Baltic Panamax Index (BPI) was unchanged at 1,045, tfrfl foinriymaT Index (BHI) dropped 15 points to 7,789 and the ymtfr Cfipwlw Index (BCI) was down IS points to 1,265. ♦Istria-(built 1982) Bi9H dwt delivery US Gulf
      Reuters  -  249 words
    • 211 29 m »a w CWTDMributton—0.85 undi 0 ChuanMr* 044 undi 228 Cmco InvMtmant _0-25 undi 248 FraUtflMu OM uncli 40 HMhH 0.89 043 211 MC NoWng»-«*—5.60 UK* 0 J*yaMoMn«s 0.2S undi 4807 MwMCorp 4.08 uncfc 2W9 MWairiLS SN/A SN/A SN/A JUwatMarlM 0.19 041 385 KB Tate 145 undi 45
      211 words
    • 206 29 [SINGAPORE] A report into investigations that Australia's intelligence watch dog spied on telephone communications to and from the Norwegian freighter Tampa during the refugee stand-off last August has been completed, but the findings will not be released without government approval. Australia's inspector-general
      206 words
    • 306 29  -  Ferry businesses carried mere passengers By Beth Jinks [SINGAPORE] P&O's ports enjoyed 13 per cent first quarter growth in container volumes boosted by Asia and its ferry businesses carried more passengers and vehicles, the UK's biggest shipping company reported. Its port operations
      306 words
    • 396 29 AP [LOS ANGELES] Four environmental groups filed suit on Wednesday charging that luxury cruise liners are illegally discharging ballast water that could damage plant and animal life along the California coast. The lawsuit, which was filed in Los Angeles Superior Court,
      AP; FILE PHOTO  -  396 words
    • 644 29  -  Cost advantages will be lest if it dees net act last: NOL chief By Beth Jinks [SINGAPORE] China must quickly remove red tape affecting transport and logistics to fully realise its cost advantages, Neptune Orient Lines (NOL) group president and chief executive Flemming Jacobs
      FILE PHOTO  -  644 words
    • 150 29 Bloomberg [HONG KONG] Hong Kong shipping tycoon Helmut Sohmen bought a 10 per cent stake in Bergesen dy ASA, a Norwegian shipping company. Mr Sohmen, who heads the closely held World-Wide Shipping group of companies, one of the world's largest operators of tanker ships,
      Bloomberg  -  150 words
    • 791 30  -  ADMIRALTY CASEBOOK -By I Selva Kumar THE Supreme Court of Appeal of South Africa has reversed a ruling by its High Court that a private bank guarantee furnished by the owner of a vessel as security for the release of
      791 words
    • 204 30 Reuters [WELLINGTON] New Zealand's largest port operator Ports of Auckland Ltd said it had been granted resource consent to deepen the commercial shipping lane to its main Axis Fergusson facility. The company will spend around NZ$2O million (5516.2 million) to dredge
      Reuters; FILE PHOTO  -  204 words
    • 150 30 PACC M V rtefim s BA t BC 10 n 10 CMACGM J C05C0 J CntrHU 4 cmm CMMStol 5 Conftr B Comtm 5 CVT CtaWM t til m 1 IPCarari n ta i (jqLat 10 E7UW 9 tmpw 4 F«|SM 5 MUtts FM 4 taMrtna 4
      150 words
    • 15150 34 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advarttaar Vassal Voyaga Ttfapftona SW_Og£a—ggg *g»__ Numbar Numbar lb ABIDJAN (ABJ) 2003 Cote D-|vo4r* 05/0S H/M China Shpg M0«ASIA SHARJAH 424W 4******094 04/05 05/04 Kian Hung ROYAL CONTAINER RC202S ********** 00/05 2V05 Dalmas W1KING 2Z1W 4******344 21/05 MOL PfcO MED ACCRA 32MA 4******404
      15,150 words
    • SHIPS IN PORT
      • 609 39 No Btrtt Arrival Depart art JB—Nil •T KMM ***** JO) 2VMM 25/04/6*0 •HTM MAYA J***** J02 2Y04/8*0 25/04/23*0 EW6 PWTRA D22 JO* 25/04/9J0 25/04/17 30 IT IOTA JAY2 KM02 JOI 25/04/10*0 25/04/17*0 ,T "OA *STll ***** JOI 25/04/10*0 25/04/23*0 SUBES-ARAtt JR0402 JOS 25/04/10:6 25/04/2339 CT0,T 1 JXXOt JO*
        609 words
      • 1156 39 Mtmm or PFOtl POL COMTAmi km in gi—ii »ot— CtWKr hrtM frwi ta uw oon nmtt b mm aswm ivmo BM MM MS (vmo mm mm MM MW MM I jvetc JVW .vi* WOM MM SDS iru«r< M 7T5 <OC u Ml !VW mm s S5S ;-r- 3S
        1,156 words
      • 168 39 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: Labour Day Vietnam: Labour Day May 3
        168 words
      • 758 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price range* In US dollars Instead of single prices for a more comprehensive description at the market Prices shown are based on —ip sised stem. Market movements are tndl cated The Cockett Bunker Price W change and
        758 words
      • 345 39 90M 04 fij 04* U OJH %wm Moon mj 02 mj on b ib mi kM ma m a# mi m 044 w %MI liwtg 0 Q 0 Q 0 fttfOMcuMt* £2 n! 12 SS £2 £2 a SO bj a5 55 v o<* SSL2 32
        345 words
    • AIR & LAND transport
      • 632 40 The new federal security workforce will grow to opto 66,000 nationwide LAT-WP [WASHINGTON] Balti-more-Washington International Airport will become the first in the country with an all-federal security force by about mid-June, marking the national debut of the government's air travel security system,
        LAT-WP; AFP  -  632 words
      • 634 40 But it faces a tough time, with just one serviceable plane AP [KABUL] Jahed Azimi is an amiable former airplane pilot with a tough job: rebuilding Afghanistan's national airline. After punishing UN sanctions and weeks of US and British
        AP  -  634 words
      • 179 40 Bloomberg [ARMONK, New York] International Business Machines Corp (IBM) and Air Canada will jointly market a portable wireless computer that lets roving agents check in passengers as they wait in line for boarding passes. The computer is the first product to
        Bloomberg  -  179 words
      • 310 40 Bloomberg [LONDON] BMI British Midland, the UK's No 3 airline, said it had an operating loss in 2001 compared with profit a year ago after the Sept 11 hijackings prompted mainline passenger traffic to drop by as much as third. The
        Bloomberg  -  310 words
      • 369 40 Dropping 12 routes will save £20mayear Bloomberg [LONDON] British Airways said its CitiExpress division. which operates UK regional flights, will cut 12 unprofitable routes to save about £20 million (5152.6 million) a year as of 2004. Dropping the routes will cut regional seating capacity
        Bloomberg  -  369 words
      • 129 40 Bloomberg [SYDNEY] Patrick Corp, Australia's largest port cargo handler, has bought the international cargo handling business of failed carrier Ansett Holdings Ltd, Ansett's administrator said. A sale price was not disclosed and the employees of the Ansett unit will be offered jobs with Patrick
        Bloomberg  -  129 words
      • 1442 40 cm maw n* mow no »'ii«ni UBTTO 22JO S022S 2230 >«»iiriw ma om ua 2229 S0323 0655 S0324 2345 6*975 1125 M3T M—M MOM QMS S83Q ma MM N***** 2045 LM90K 2020 S0206 2045 *224 2020 SOU* 2020 M***** 2»0 wa» aw •mm enm tm MM««
        1,442 words
  • Page 29 Advertisements
    • 25 29 ADMIRALTY CASEBOOK A guarantee can be regarded as security, Supreme Court rules P.*# j US federal airport workers to debut at Baltimore airport Buck P.ific
      25 words

  • Page 30 Advertisements
    • 422 30 LggggLJ i onm oammona i ooaauHMM ueii m« I oi/w I itm ims ms b« a« Uk if! 551 w|mi w m m sn m m namm p«|w h« w a«s n« n« £<1 nonumium sis 7M4 wu ims 17/ts ivas m/k I 1 Is UlaaMM OMS I//05 IMS IMS
      422 words
    • 40 30 WORLDGATC EXPRESS LINES PTE LTD Tel: *****911 Fn: ***************63 Ero«: »H«l»Oill6ajl2^ign«Uom<n WEBSITE: http j/www. wortdgate. com.sg WEEKLY FCL A LCL SERVICE TO FOLLOWING PORTS SOVDHHST ASIA gn MWM mmm gff jjj J a?™ j| ssgL™. |g|j M—H/hw m nnmsn »oS/!SaE»
      40 words
    • 445 30 Lin* wvic* mpmrnid by Manbvi of #m Ragidry of Mmrlbn of Accmthd Shipping Agwfe, Singapore logntia Singapore Shipping Aaocialian Association coronets/ ■--^.iiSSSss^gis VOT ETAPKL ETA SIN ETA MALE MM HM BMM M« tap»U* Mi n« urn W* mnßosss taWHMBWI hc«M7NI t mwsuiw xuutTA VMd *y Sb W Vh U W
      445 words

  • Page 31 Advertisements
    • 976 31 TO EUROPE FROM EUROPE vosa vot sw ra mr ho> kv iou ta [Ivßsa Iwr w »r w bv mu m Ml NnflOMOm* 337W M/M 17/05 11/R5 22/R5 M/K NTURMIFQRIUB »E«/N ER/M M/M M/W 27/ M MGMKT IWW 08/K 2S/BS 22/BS ZJ/05 20/05 HOI MERRY ORM M/M 11/ M 13/
      976 words
    • 1320 31 COLOMBO T/I t 4 BAYS coctjSSmSSmm ltd SSSET S s Q MO; *****V9000M TIL 472* 19M(HAN) MWA*O(D/0) *****744 *****31»/4* T/SNTWPT 44 *****5 *****314/44 amramoom *****341/454 *****323/73 WWT W*jT^ COSCOSHANGHAI *Btt 21/04 02*5 04/K 04/05 41/05 M/kia/K mnMIM TV* w ims. u»«micA H®" Wll——,w 7kM zvo4 22*4 m* MI i* mKnSfjSff
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    • 367 31 <BSa WT SM IH HtG SW d IBM PUS *Ki WT SW SI6 KT SW "KM* »S H/4 VS VS 7/5 11/5 JEZ —MMM 114 »< W 7/5 11/5 fit- lEI iffil Z=H rnmumm v% w* ys ys in v* n/s agitert» —w_ )®a wr sw on wo IQSMM MM
      367 words

  • Page 32 Advertisements
    • 1089 32 MMt HYUNDAI MERCHANT MARINE CO., LTD. MO. HOWMOOMH "S" «m "wT"MF"iMi" w vissa "W"son"HT"W"ant""huT~wT TP tfIHML IWW 15/04 12/#$ 17/ M 14/tS IS/M Aft SAMONTO 1071 »1/M M/M #3/04 04/04 15/04 MIMK S44W 20/04 17/05 11/05 17/05 14/05 MTKXTMI M7I 04/04 01/04 04/04 00/04 27/04 MTCHMI 337W 20/04 21 /OS
      1,089 words
    • 1012 32 L WAN HAJ UNES (S) PTI LTD WiWAN HAI LINES w »w»n BTOWfri m a no xmm u mi xmn*/ otias ««W.VNU.(W.H «*orow*MMon»nw»iM*nuß/n4M mmm M H. p>] i < I VMi NUL oslj 4ISWa/4Wi I 'mm |wlmmem m m an m m m WWW MI 14*5 IMS 17* i« fi*.
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    • 10 32 FOR STRAIGHT TALK ON SHIPPING MATTERS EVERY WEDNESDAY SHIPPING TIMES
      10 words
    • 641 32 __WfflflyßgßESB SAMJIG SCHBXHE ALSO ACCEPTIH6 TO ALL MOB THERM AMD WHTEBM ICQ POMTI gw f bam anumo a. siiva| coia—o" wna—i vot cn/nB m/n» ha/to n*/m iw/in mw*was* win nut Mm vtn im 4my mbhlcm wts nm imr smt imt 11 mt ■muMttPgs iiw km iwt imr "lliw ii^r I
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  • Page 33 Advertisements
    • 1219 33 IRISL, (20®^*mifa&il G&Fg® ijihp&ygfo MJU ®fi Ihx&fag {fax? I UK CONTINENT SERVICE fti) Otnlkmsl jp®fal()9 fat (&Q ®Q Q® I Losing tar (s&mflotim fa) QH& {h&QmD ftrexa&fc Qfam* I ACPIT W SWGWWE AGENT M MALAYSIA MBIT I 1555K I SR4OSE MAMItME PTE UD CR N**********00H BOUSTEAD SHPPMG AGENOES SON. BND
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    • 648 33 nSifi Ss Sfc— -sSs= m a -JOfSEEEfeEsiEiJiE BalsT^^^ WW EOTBLL __JiBM 88 i4/*s IKB SIM mi m/w Jl*— [Sja_ si iiflj--ag{— SSL„ mS ICOII fjnfu n/K Sg HrHnSS* 5?1 I/>S JBw— S s »os 73,05 g/SM hPHBH Wp--Bsg--F /W IKM -SSL vgr $m ouxvra tuxm stimn m/m nrn 55? 1,111
      648 words

  • Page 34 Advertisements
    • 171 34 L..^ KYQWALINE Hong Kong 825E" 29/04 13/05 22/oT 23/05 Hong Kong Senator 825E" 29/041 15/05 20/05 21/05 I Hong Kono Senator 825E" 29/04 18/05 28/05 29/05 Pl/05 01/06 Hong Kong Senator 1825E" I 29/041 20/051 I I I 03/06 fcwtixk Senulu 1945E 1 06/051 15/05 20/05 I 21/05 I I
      171 words
    • 135 34 CWT GLOBEUNK PTE LTD J OWM OFfKtS m: TEL:*****833 {36 LINES) PAX' *****742 SYDMIY HILtOUHNI-ffNANG-«J*T KILANG-fAHH NfW OILHbCOLOUUO-HO CHI MtNM CITy MfmH SHANGHAI XIAUtN FUZHOU DAIIAM XtAN BiIJIMG SHI JIA ZHUAMG ANJIN-QINGDAO EAST MEDITERRANEAN ALEXANDRIA/PORT SAIO/ASHDOD/UMASSOL/PIREAUS/THESSALONIKI/BEIRI/T/AOABA/ISTANBUL/IZMIR WEST MEDITERRANEAN PORTUGAL BARCEIONA/GENOA/MARSEILLE/LA SPEZIA LISBON/LEIXOES CENTRAL A EASTERN EUROPE VIENNA/PRAGUE/BUDAPEST WORTH EUROPE LE
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    • 35 34 Owmsur shvping rn ud IH. (*****77 fiUt ******07 0110.145Z793N6K I *SrfhpWHUrmm-H) 3SApN M fc» T (B H .«M.M) 1 0 J««| P«1 LMAM 0 (MtaMr fcrt d»7D»klm/ Camalad(a|i Dm Ufa* t Jmk SMwi+*m PROJECT CARGO
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    • 209 34 MB MYANMA \BBk FIVE STAR UNE "tcsirtr rasa vor m m rm m amvmmm urn su pmm rmm su OAUTSU: OOVSTUB SNPMK MOCKS at 03-*****300 nt 03-*****101 ret 04-******2 BANK LINE (A sarvk* Aadrnr MMr SUpphg) I nowmiounp to wumom~ v oomMo. aotot mii NMnuTs SI n NX w inr
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  • Page 37 Advertisements
    • 63 37 J RXPaUSAHAANPBAWRAN KALIMANTAN 1 DIRECT WKKLY ggng TO 1 JAKAKTA/PAIimAMC/DUMAJ I I I I jit Irwe EmT 'jSBK I "OWWI' M/W H7«~ II7W~ H7B SURAIAYA/PAMJAMG iSSt. Itfa U7M LTS. I M«t -I I P«AWAWG/PtKAH IAtU I I M WM— WMUM I muwi u/n n/u n/n M/>i I I puuu yummn/num
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    • 88 37 FULL CONTAINER SERVICE SIN PASIR OUOANO SIN DAILY SAILINGS I VESSEL I VOY ETA PG I DAY I VOY I ETA S»| DAY] gy F— 1 OOmBUBWI 110T! I 26/Q4/Q2 |FN II4XH I 27/OMB ISW I BBS gww a£ra ww [qoldoi stow |14— 29/04/ro mow Inowl ayoyoa nt AccoptkiQ UC
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    • 70 37 "WW MiMr NU /WWI/HMT/a lIMMI ■VIM SMARMS ■■ML IMBU HMT jwsuf mmmm cnusso/rvn "A NT »W no saturae omul mil cal nm pwuasnm PHOENIX SHIPPING iptyjltd monthly breakbulk sbmce to southern ahvca AND MOUN OCEAN ISLANDS VESSEL NAME ww aaflic BURBAM PHOENXI I OSW/5 19/05 31/05 Accepting cargo for Medeq—cT
      70 words
    • 76 37 NBU MARITIME TRANSPORT (S) PTf LTD MMT mi .iiiiii' m let 6445 0451 Nuu 6343 Iyn m SIMWOKi TO RORO SERVICE (300 TONS tAMP) ETA APRIL 27 CONVENTIONAL VESSEL (60 TONS DERRICK) ETA MAY 02 ETA ETD LOAONQ FOR TRORCALROSE WWUMMM PHNOMPENH <MN» IWMMWWMiWWNWI <MNS OMMBBOMMDM WHOM PENH 4 VUMOTAU
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    • 88 37 z£ ESP LINES WW WfflaT LQ saroa TO LAGOS VISS& SAUK TVBY TMUKMY LOAHNG EVBTT WD AT HPTH HSIWMHL cowvomoim/wtiuam sarviq HASH UMMKFH MY "1W" HAM/Wi DUIAI DAtHUM MM IftWK Win ror BUK WOK BMt MB MUiU STOK TH: ******11 ML 4» 1117 nu m.- msuj hi mm i RE6ULABSW6APOHE/VETWA—SERVCE
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  • Page 38 Advertisements
    • 677 38 UGH ISU«0 172* 3041/05 0701/05 1414/05 I nttlPfAll 173* 0304/05 10-12/05 17 11/05 I TlttlSfA 174* 07 07/05 1 414/05 21 21/0S I TKBSHUK 175* 1011/05 17 11/05 2425/05 I Tl«lSU*^^»7«ll4H2S^^2^os^3Ml/Ml ¥OT SW CAt^^sS^l CAK I*lo* 047 Sn/M OtWOi 14-14/05 I DAUAN 403 02 03/05 Of 11/05 1120/05 I IKB
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    • 742 38 |VISSa MAMf VOT SMGAPOtI POOT KBANG CMTIACONG MMA n* m no ru no ro no *****4 SM 20/04 29/04 31/04 04/05 04/05 09/05 11/05 OCIMBT 04*041 TW 30/04 02/05 03/05 07/05 10/05 PC HAL 01NII9 IM 02/05 03/05 04/05 00/05 11/05 PC HONOUR 07M39 SAI 04/05 05/04 05/04 09/05 13/05
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    • 62 38 CONFER (S.E JL) f&-\ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD »-30 APRIL 03-07 MAY dmcct FCtyLCtxoHvomoMAL scnviccs toikndtan SJoCa+ntrt Until CafcuM Bontxy KnX Catantn o«aam TlMkCMii Far Eat HoOi»«i Hacfung Monpung Urti Buw FCIACL liwleti Toe AuMi Mrtxwna Europe r
      62 words
    • 959 38 \/rh |PDZ LINES I F lffriw w w ,Tr T'WWlTlffni-tJU' I 't'BiJiWLI!U±WLCTMLIiIitOJLiUIM asoon aw 27/04 giswb hm m/ 04 cock 2223 »/04 gkumg mm 27/04 turn ism gma 2i2S w/04 aa any 05/05 gbiamg 2009 27/04 mm 2144 30/04 —wi aswg 2243 04/05 asoow 2245 05/05 C— «40 GftUOG 2010
      959 words
    • 153 38 IWBSBBBBBI np rtgo!•}!•' t■ BREAKBUIK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARAOR I rasa I mag mmunm ibumoi~] Imam I rum ovos/w is/ovw SEA-PAC MANAGEMENT PTE- LTD. 70 Anaon Rood f 17-07/0* *p« Tow, Singapore *****5 fchpfc— *270 0977 Iwhfci 6275 2309 T«luc RS ***** StfM ORMCT MN
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  • Page 39 Miscellaneous
    • 129 39 -2QN r rTrnr>j t^ r /A ,4 |u to Tia I -g t T~| y*y I LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Rain Temperature Wjnd direclion jn k Day Weather U Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds
      129 words