The Business Times, 28 October 2002

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Total Pages: 36
1 36 The Business Times
  • 15 1 MITA(P) 010/03/2002 85C THE BUSINESS TIMES SINGAPORE i i Ir-onct. nttp://business-times.asial .com.sg MONDAY,OCTOBER 28, 2002
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  • 67 1 STOCK MOKEr DOXICES Week Change SI! *****3 +19.74 SIMSa FUTURE_***** +1.00 KLSECOMP 655.68 +3.43 NIKKEI *****9 ***** HANG SENG *****4 +***** SET INDEX 348.46 +«.00 JAKARTA COMP-353.65 -715 MANILA *****9 +442 TAIPEI WP1 4564.06 +106.89 SEOUL COMP 655.88 -1491 SHENZHEN B 205.96 513 AOST ALL ORD ,1967.40 -1310
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  • 63 1 FOBS BASES uss ss OSI (SS per USS) 1.779 £(US$/S$ per lj>47 2.752 EUBOfCSS/SJ/E). QSfih 1.736 YEN 1241 70.0 BM 3.800 1136 HKS 7.798 4.384 BAHT 4152 244« RITIAH 1216 6,181 PUCE Bins SINGAPORE* 656 KUALA LUMPUR 6.40 HONG KONG 6.126 JAKARTA »IW TAIPEI 6.625 TOKYO 1.375 SEOUL 9£5
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  • 541 1  -  DPM Lee: State of major economies warrants review; Nov update likely By I Serena Ng [SINGAPORE] The government may have to trim its growth forecast for the year, not so much because of the Bali blasts, but more because of the state
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  • 983 1  -  t Bat they claim dose scrutiny here not prompted by Andersen's demise By Catherine Ong [SINGAPORE] The Enron scandal in the US is taking a toll on off-balance sheet deals in Singapore. Auditors here, mindful of the sudden demise of Arthur Andersen, are
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  • 519 1  -  Initiative extended te WTO-Amu members that have trade pacts with US From Jennifer Lien in Los Cabos, Mexico THE US has unveiled an initiative to boost trade ties with Asean in the form of free trade pacts with some members of the regional
    519 words
  • 306 1  -  Social implications more crucial than economic benefit By Serena Ng [SINGAPORE] Singapore is not likely to see a casino being set up any time soon, Deputy Prime Minister Lee Hsien Loong said yesterday. He also said that Foreign Minister S
    306 words
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  • NEXT page
    • 1019 2  -  -11 comment ECONOMICS Benefits of more tourists, Jobs and taxes mart be weighed vikram khanna CASINOS in Singapore? Members of a tourism working group seem to be saying "why not", while some senior government officials say, "bad idea". What are the pros and
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    • 406 2  -  (exclusive Exclusion clause will be applied fairly, he says By Siow Li Sen [SINGAPORE] Singapore's biggest general insurer says it will be flexible in interpreting the terrorism clause in its travel policies, when assessing claims from terrorist victims who were travelling overseas.
      406 words
    • 625 2  -  Reit investors tend to be nnit holders who bear all risks By Catherine Ong [SINGAPORE] Why are auditors nervous about Special Purpose Vehicles (SPVs) and not Real Estate Investment Trusts (Reits) which are gaining popularity in Singapore? The chief financial officer of a listed
      625 words
    • 600 2  -  The aniqne model will hook up S'pore banks to the global trading system By Wong Wei Kong [SINGAPORE] They may be fierce rivals in every loan market, but away from the limelight DBS Bank, OCBC Bank and United Overseas Bank are collaborating closely
      600 words
  • Page 2 Advertisements
    • 420 2 .V, r T r •»-<* 1 MM* Asia Pacific a JWmm Management Centre The Professionals i* Executive Education /7 First-class Educational Experience! ,V,v ~'?lt+,% School of Business fir Management PhD in Business Management -io«h intake January 2003 Doctor of Business Admin (DBA) 7th intake 2003 Executive MBA 7th Intake 28
      420 words

  • Page 3 Advertisements
    • 58 3 I In* New X- Iypc Now .1 v.iil.iI>|<• wilh AOI Vf# <• 11•»,,i'•. f I Indulge your senses. I I I lie Now R N, j Nii|X'i< 11. it ;•<- |,_>| engine. 100 blip. 9M 0 100 km h in S.b srconHs. |fl -I 'uwo, HXMHHHmwh,. I.. ..ml I 1
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  • SINGAPORE markets
    • Article, Illustration
      303 4 OTHER SINGAPORE INDICES Oct 25 VALUE CLOSE ■TO*** 574.00 4-82.00 IT CAW -*****.00 4189.00 IK IM« MA -*****.00 +58.00 ■MQlpBw 386 00 ♦3.98 121.80 -1.06 lari MM Hw 1226.64 -f27.22 JOT mill i FVap 351.19 +0.05 mashppon 183 02 *1 92 182.50 >2.40 Stocks Vofcjme SembMar 10c 213.514.000 BIL InO
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    • 319 4  -  HOT STOCK/ WABBAHT By R Sivanithy BACK in June there was a big rush to list as many new firms as possible before new disclosure rules came into effect on July 1. Almost all the small companies that had made their entrances
      319 words
    • 768 4  -  I l I comment STOCKS r. sivanithy SPARE a thought for the unhappy dealer. The one who comes to work daily, his spirit dampened by the knowledge that liberalised commissions have slashed his income by over half even though his costs have stayed
      768 words
    • 574 4 Rnpiah an exception as it continues to suffer impact of Bali bomb attack AFP [HONG KONG] Currencies across Asia saw minor bumps last week as the US dollar came under pressure both from poor economic data and fears of a war
      AFP  -  574 words
    • 128 4 ♦PCI will go ex-dividend (first and final dividend of one cent) on Dec 5. Last day for buying-in on a cum basis is on Dec 11. Date payable is on Dec 23. ♦DIGILAND International will hold its annual general meeting (AGM) on Nov 13 at 3pm, Marriott Hotel,
      128 words
  • 3033 4 UNIT TRUSTS FUNDS Com Global Travel Indei Fd 0.649 Com S'pore Bond Fund/* 1.066 AM Awro Asaet Mgl (S'pore) Cradh Agtkste AM Mg( S pan ltd Star Europe Eqty I" 0 603* mdocam Asia Vision!" 0 762*0.801 Star Europe Bo 1.06V Star Europe Bai 0.816/ DSSAsetMgt Star Asian Tigar Eqty
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  • SINGAPORE companies
    • 854 5  -  w:wa lock siew paul thompson THE corporate collapses plaguing the US may have left countless people out of jobs and out of pocket. But perhaps the most worrying aspect of the epidemic is the vulgar corporate excesses. Take Enron. Even as its bosses
      854 words
    • 443 5  -  Purchases add up to 6.5% stake as firm views stock as undervalued Reports bi Serena Ng WAREHOUSING and logistics firm Poh Tiong Choon has spent a sizeable $2.2 million on share buybacks in just a month, because it believes its shares are undervalued. On
      Source: Reuters  -  443 words
    • 382 5 LOSS-MAKING construction firm Wee Poh Holdings last Saturday disclosed that its placement deal with Chinese construction firm Benxi Group, which was to have led to a reverse takeover of the Sesdaq-listed firm, was terminated on Sept 30. Wee Poh said the deadline for
      382 words
  • Page 5 Advertisements
    • 6 5 Bay ft. Sell It. Find it.
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    • 6 5 Spanish Mandarin French Vietnamese Japanese Others
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    • 360 5 mi MBA KflKoM NUS MBA designed for candidates with outstanding potential for «^H re i evance and program quality in a setting that fosters individual growth and development. i^^^^HH^l^Ev^^liljjlßjjlßlßßllv A practical learning approach which prepares students for positions with significant decision-making responsibility. JllSt 3 typiCdl ddy jfl CIdSS. Program Highlights
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  • SINGAPORE news
    • 313 6  -  on the economy outlook Like other East Asians, they are saving more and spending less By Audrey Tan LIKE others in the region, most Singaporeans are spending less and saving more, as they say they have already been "hit" by the global recession.
      313 words
    • 297 6  -  Its tie-up with AIG given permission for Kemb&ngan project By Andrea Tan A JOINT venture firm by Koh Brothers and insurance fund American International Group (AIG) has received provisional permission to develop a 250unit freehold condominium in the Kembangan area. The firm Pencroft
      Source: URA  -  297 words
    • 331 6  -  They will produce new travel series on major cities By Eugene Low LONELY Planet Television, the television arm of the independent travel information company, has teamed up with Singapore-based VHQ TV to co-produce a new travel series. Titled Lonely Planet Six Degrees, the seven-part
      AFP  -  331 words
  • Page 6 Advertisements
    • 1954 6 o—~——m—mmmmmmm^m—a——m—mmKmmmm—^mmmmmmmmammmmmmm^mm^mmmmm ©THE BANK OF TOKYO-MITSUBISHI, LTD. And Subsidiaries Head Office 7-1, Marunouchi 2 chrome, Chiyoda-ku, Tokyo 100-8388, Japan. Singapore 9 Raffles Place, #01-01, Republic Plaza, Singapore *****9. CONSOUDATED BALANCE SHEETS, MARCH 31,2001 AND 2002 CONSOLIDATED STATEMENTS OF OPERATIONS I FOR THE YEARS ENDED MARCH 31,2000,2001 AND 2002 I 2001 2002
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    • 38 6 'W\w y v Raymond Ng Cheong Ling (NRIC No. *****622 A) of 2 Walton Road Singapore *****8, is a bankrupt as at 11 October 2002 and has been disqualified from acting as a director of Aromate Pte Ltd.
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    • 37 6 A Quality Program by Noxdern International "This is a Super Leadership Gr Life Skills Program your child MUST experience. Set them up for success." VISIT OUR WEBSITE: m www.noxdern.com And Register On-Line KA Tel: 6336 6606 TRAINER
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    • 34 6 Alr-condWonU S» I -tSiSSSE >«J NO- Ruik n StnB4pore 1,9962 W* 1 456Ak^*«^* 6224 8358 Vi/ 1 Td 6222 0665 (irtie v im, lnui I W«p://-ww h "<* Buy It. SeU !t C.A.T.S. Find It.
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  • Page 7 Advertisements
    • 227 7 LOCAL PRESENCE GLOBAL POWER With a considerable sense of pride Carlson Wagonlit Travel announces that it has been honoured as Best Corporate Travel Agency' at the TTG Annual Travel Awards 2002 This awar( recognises Carlson Wagonlit Travel as the travel management programme, combining exceptional I leader in corporate travel management
      227 words

  • CHINA focus
    • 757 8  -  Wait for stronger corporate governance to take root in 2 to 3 years as policy changes are implemented, says Salomon. Loh Bui Tin reports Lob Hui Yin SINGAPORE investors who want to put their money into China's private enterprises should think twice: many of these enterprises
      REUTERS  -  757 words
    • 537 8  -  More Singapore companies are holding board meetings in China By Loh Hui Yin THE movers and shakers of Singapore Inc are going to Shanghai and other major Chinese cities to "eyeball" for themselves China's economic success sttt-y. Developer C<®UaLand, wh<sh has more
      537 words
    • 596 8  -  New Life manages 30 health clubs and aims to have 100 in its stable in 5 years By Loh Hui Yin ALTHOUGH Loni Wang manages a chain of health and lifestyle clubs, she prefers swimming to stay fit. "If I exercise at one
      STEPHANIE YEOW ST  -  596 words
  • Page 8 Advertisements
    • 1500 8 PORTEK INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 9 October 1996) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Porte* International Limited will be held at the Republic of Singapore Yacht Club, 52 West Coast Ferry Road, Singapore *****7 on 12 November 2002 at 9.00 a.m.
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  • MAIL bag
    • 302 9  -  Narayana Narayana Singapore THE recent debate over giving the "kiss of life" to dying warrants seems to have died down. More often than not, warrants have been merely a "sweetener" to induce shareholders to subscribe to fixed-interest loan stocks, which are generally unpopular and
      302 words
    • 205 9  -  Lu Kee Hong Singapore I HAVE not seen the $2.8 million advertising campaign launched by the Jobs Task Force to help encourage and inspire the retrenched and unemployed not to give up hope in their search for jobs ("Motivational ads to help jobless keep chin
      FILE PHOTO  -  205 words
    • 180 9  -  Teo Lai Wah Singapore I REFER to "Fix design flaw to improve CTE flow" by Gerald Ang Joo Huat (Mailbag, Oct 8). I disagree that expanding the flyover from three to four lanes will make no difference. Any increase in road capacity will help. However,
      180 words
    • 243 9  -  Chia Hern Keng Singapore I REFER to the column "So, are full civil liberties too risky?" by Karim Raslan (BT, Oct 16). If terrorism cannot be tolerated by a civilised society, neither should democracy be compromised. In the name of national security,
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  • Page 9 Advertisements
    • 117 9 Fax your totters to 6319-*****r email them to bttotterQsph.com*gorwrtteto: The Business Tknee, SPHHQ, 1000 ToaPayoh North, Podium Lwol 3, Singapore *****4. We need your titf name, address and telephone number for verification. Ptoaae use temperate language, and baar in mind libel tows. We reeerve the right to edit and amend
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    • 46 9 Your goals are the focus I They J I AJ I i|o A I A opportunities that long-term value for you. No your or corporate our experts manager Warburg, ÜBS Group 4® ÜBS Warburg $$> ÜBS 4® ÜBS Private Banking w Global Asset Management Photo: Thierry Martinez
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  • REGIONAL news
    • 425 10  -  eddie toh Yew in his memoirs, Singapore would go to the United Nations Security Council if the agreements were breached. While Singapore's position is crystal clear, it's unclear if Malaysia could find a way to enact a new law that would bypass the
      425 words
    • 243 10 TAIPEI They petition govt to allow airlines to ran charter flights AP MORE than half of Taiwan's parliament members yesterday petitioned the government to allow Taiwanese airlines to run charter flights to China as a step toward lifting the half-centu-ry ban on direct air
      AP  -  243 words
    • 421 10 AFP, Xinhua [JAKARTA] Indonesian Finance Minister Budiono yesterday said the devastating Bali blasts will pressure the country's economic growth below the 4 per cent forecast earlier for 2002 and 5 per cent for 2003. "On our growth, we can estimate that there will
      AFP,; Xinhua; AFP  -  421 words
    • NOTE Book
      • 152 10 AFP [BEIJING] China will (See a "very grim "job situation in the coming years, as the labour force grows end more workers are laid off due to economic rvtarma. to the decrepit state-owned economic system, a leading government official said in a report yesterday.
        AFP  -  152 words
      • 115 10 AFP [TAIPEI] Some 17,000 people yesterday took teatefer 187 jobs offered by state-run Taiwan Power Company as the island's Jobless rate stayed at 5.32 per cent amid the global eoooomic downturn. Several participarts told local television that as the outlook for the global economy remained
        AFP  -  115 words
      • 101 10 Reuters [MANILA] The National Power Corp (Napocor) may seek financing worth US$4OO million from Citibank, prior to it* planned bond issues next month, officials of the Philippines' state-owned power firm said yesterday. '-The bridging financing from Citibank to expected to be finalised in the second
        Reuters  -  101 words
      • 90 10 AFP [MANILA] Indonesia is to receive US$6OO million to US$l.2 billion in annual lending from the Asian Development Bank over the next three yean to 2005, the Manila-based bank said yesterday. The ftmds win be made available under the ADB's country strategy programme for
        AFP  -  90 words
      • 101 10 AP [SOLO, Indonesia] The spiritual leader of an extremist Islamic organisation accused of in volvemenrin the Bali nightclub bombings said yesterday that be would resist efforts to detain him. Abu Bakar Bashir (left) is already under arrest at a hospital here hi his hometown of
        AP; REUTERS  -  101 words
  • Page 10 Advertisements
    • 1372 10 O UFJ Bank Limited (INCORPORATED IN JAPAN) Non-Consolidated Balance Shoots Non-Consolidated Statements of taicomo and Ratalnad Earnings 31*1 March. 2002 and 2001 For the years andad Slat March, 2002 and 20TI MiUions of Vten MdbonsofYen ucftx 2001 2W mi ASSETS: REVENUES: Cash and Due from Banks V 5,799,139 4,125,178 Interest
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  • 935 12 FINANCE COMMODITIES Week ended: Oct 25 SIMOAFOmB QOTBKMMHWT SWURITIBi DTDICATIfll MUCB8 AMD YIELDS MM immtmmm MrtUr U* TIM M Offw t—Cmm C«0» f TM '0r mm 7-Ti 1000 0HKW-02 K795W0Z 5.68% LH% 9197 *00.02 7*Y* 4.375 t5~0ct-05 N*****0A U2% L50% 107 99 104.05 5-TI 4.125 0K*-03 NSMI00T LI2* 0.93* 100.71
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  • 884 12 COMMODnx Weeklyßoundup AFP [LONDON! Signs that the UN Security Council was nearing a compromise solution on Iraq that tones down the threat of automatic use of military force pushed oil prices down to a twomonth low last week. The prospect of a US-led attack on
    AFP  -  884 words
  • 1047 12 SIOOM PDTOKB8 Petit MMCt Mm (dosing prices) ay-** s a K2 £8 j§»M|# U8.75 >S$]«s«b/w votaM Om u» sit oww) *tm*j 82.00 KM 80 7»J DKS2 (4.00 noo J»0J 84.75 83.00 M2S K5 3150 F*«3 W.75 8100 K25 925 Mm 1 'ft!? —f4fp W W^ If S3 Eg' g
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  • APEC summit
    • 777 13  -  Pact could lead to 'Pacific Five' ETA, including US and Australia From Jennifer Lien in Los Cabos, Mexico SINGAPORE, New Zealand and Chile have agreed to begin negotiations on a trilateral free trade agreement (FTA), leaders from the three countries said
      REUTERS  -  777 words
    • 368 13 LOS CABOS, Mexico AFP THE US economy is likely to grow by between 2.5 per cent and 3.5 per cent this year, avoiding a slide back into recession, said National Bureau of Economic Research (NBER) president Martin Feldstein here on Saturday. "The most
      AFP  -  368 words
    • 310 13 LOS CABOS. Mexico AFP MALAYSIA'S Deputy Prime Minister Abdullah Ahmad Badawi on Friday marked his debut at the Apec summit by taking over the lonely anti-globalisation battle long waged by his boss Prime Minister Mahathir Mohamad. Mr Abdullah, who is expected to succeed Dr Mahathir in October
      AFP  -  310 words
  • Page 13 Advertisements
    • 131 13 Asia's hi-tech companies always receive parts on time. Who's the key component that makes this possible? When precision parts have to arrive at a precise time. Asia s technology delivery company in Asia Which is probably why we're entrusted with components. Our delivery lines are the arteries that keep trade
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  • Page 14 Advertisements
    • 1323 14 INFORMATICS HOLDINGS LTD HALF YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board of Directors of Informatics Holdings Ltd is pleased to announce the Unaudited results for the period ended 30 September 2002:Croup SSOOO ssTwo 7 t (4 limowf 101.M7 9MBS J% 4% e Investment income Other income including interest mcome
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    • 2222 14 Ti >*****111 call tmU-frtt 1800™ tmm IN THE MATTER Of THE COMPANIES AO. CHAPTER 50 AND IN THE MATTE* Of INSUOtED PTE LTD (Member*' Voluntary liquidation! At an Ejdroordinary General MeeSno at the Members ol INSUCRED PTE LTD. duly comened and held on M October 2003 llie blowing were duly
      2,222 words
    • 604 14 THE COMPANIES ACT, CAP. 50 SANTAICO TRADING PTE. LTD (IN MEMKtS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of d» Member! of SANTAICO TRADING PTE. LTD. duly convened and held at 101 Upper Cro« S«ree« #04-43 People' t Pori Certre, Sin gap on 05*357 on dm IM day af October
      604 words

  • REGION world
    • 905 15  -  Takenaka likely to soften plan; banks seen as willing to sell part of their debts to agency Frorn Anthony Rowley in Tokyo THIS week is expected to bring important compromises in the bitter battle over how to deal with the mountain of bad
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    • 477 15 MUMBAI Bloomberg INDIA is set to grant more power to the nation's stock market regulator, allowing it to recover money from companies that swindle investors and to levy higher fines, to increase investor confidence. India's Cabinet will today approve an ordinance to
      Bloomberg  -  477 words
    • 535 15 BANGKOK They cite external factors, competition from finance firms AFP THAILAND'S beleaguered banks have enjoyed a surge in profits in the third quarter, but analysts warn that global instability and competition from finance houses could douse further gains. Two of the
      AFP  -  535 words
    • 442 15  -  They also promise billions in aid for 10 new members From Shada Islam in Brussels SETTING the scene for European Union enlargement in 2004, EU leaders reached agreement late last Friday on reining in costly farm subsidies and promised billions of
      AFP  -  442 words
  • Page 15 Advertisements
    • 196 15 Banking volving as y available, tanking still ker selling Bankers at ict as global wealthiest looks more for private trust and Visor"? !y you need t the client t push. You n teres t and products in m best idea it be holistic y situation, and future *efore good you
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  • WORLD news
    • WORLD Watch
      • 90 16 Bloomberg [MELBOURNE] Coles Myer Ltd chief executive John Fletcher may resign if Solomon Lew is next month re-elected to the board of directors, said the chairman of Australia's biggest retailer. Mr Fletcher, chairman Richard Allert and six other of the 10 directors want to block
        Bloomberg  -  90 words
      • 58 16 Reuters [BRUSSELS] The European Commission will propose new legislation next month aimed at strengthening the fight against music and film piracy, a shady business worth US$4.3 billion a year globally for pirate discs alone, EU sources said. The new rules will create tougher minimum
        Reuters  -  58 words
      • 39 16 AP [MOSCOW] The number of hostages who have died in the Moscow theatre crisis is 118, reports Interfax quoting the Russian health ministry. Officials had earlier said more than 90 hostages died. —AP
        AP  -  39 words
      • 68 16 Reuters [BRUSSELS] European anti-trust regulators will this week fine top Japanese video game maker Nintendo Co and a number of its distributors for sales practices it employed in the mid-*****, EU Commission sources said. Nintendo, maker of the video game console Game Boy, was accused
        Reuters  -  68 words
      • 68 16 Reuters [NEW YORK] The Manhattan district attorney's office has expanded its tax evasion probe of former Tyco International chairman Dennis Kozlowski to include possible evasion of New York city and state income taxes, a source close to the investigation said on Friday. "They have
        Reuters  -  68 words
      • 80 16 AP [NEW YORK] The single-bolt connections in the framework of the World Trade Center popped and fell apart during the Sept 11,2001, terrorist attacks, causing the floors to collapse on top of each other, according to a new study. The analysis, conducted by a
        AP  -  80 words
      • 59 16 Bloomberg [WASHINGTON] Technology entrepreneur Mark Cuban acquired a 5.3 per cent stake in Charter Communications as part of a larger investment in cable TV stocks that have plummeted. Mr Cuban said in a regulatory filing that he holds 15.62 million shares in Charter. The cable
        Bloomberg  -  59 words
      • 73 16 Bloomberg [EL SEGUNDO, California] Unocal Corp, a US oil and natural gas producer, said it may take a US$33O million after-tax writedown at the end of the year because of the declining value of its employee pension plan. The final amount will vary according to
        Bloomberg  -  73 words
    • 473 16 NEW YORK GAO study alarms as revisions tend to depress stock prices USA Today Bloomberg EARNINGS restatements, which have already cost investors at least US$lOO billion since 1997 in lost stock value, are likely to get worse, says USA Today. The number of earnings restatements
      USA Today; Bloomberg  -  473 words
    • 497 16 NEW YORK Reuters Bloomberg NEW York Federal Reserve President William McDonough on Friday urged international investors to be patient with Brazil over the next few weeks following the outcome of presidential elections due yesterday, widely expected to put a leftwing candidate into office.
      Reuters; Bloomberg; AFP  -  497 words
    • 350 16 WASHINGTON Bloomberg US TAX receipts and other revenue fell in fiscal 2002 by the most in more than five decades as stock prices slumped, a recession led to job losses, and the government reduced taxes. Last year's 6.9 per cent
      Bloomberg  -  350 words
    • 532 17 And they had the best productivity growth in the US, says a study LAT-WP [WASHINGTON] Celebrating its 30th anniversary, Money magazine recently crunched the numbers and found the 30 stocks that had returned the most, in price and dividends, since its
      LAT-WP  -  532 words
    • 887 18 William Webster, who's spruced up the image of FBI and CIA, turns to the accounting profession now Bloomberg [WASHINGTON] WILLIAM Webster, who cleaned up the image of the Federal Bureau of Investigation and the Central Intelligence Agency, will now try to restore confidence in the US
      Bloomberg  -  887 words
    • 533 18 NEW YORK Prudential model may not be used for broad settlement Reuters PRUDENTIAL Securities, less than two years ago, laid off most of its investment bankers and postured itself as a provider of independent stock research, unfettered by banking interests. Prudential adopted its
      Reuters  -  533 words
    • 109 18 BEAVERTON, Oregon Bloomberg NIKE Inc will pay US$B.9 million to settle investor lawsuits prompted by a February 2001 decline in the share price of the world's largest athletic shoemaker. The suits, filed last year, accused Nike of issuing false financial statements. The
      Bloomberg  -  109 words
  • 1153 16 Tha stock recommendation It the average of aM the recommendations submtttod by analysutoaowfcig the slock. There It atotaio«2»brofcact aubmMng recommendations but not every stock Is followed by ell the 29 brokers. Their reconv mendrtonssrepitcad on a 1 to 5 ports acalt and averaged to produce a moan ftcommandalkm.
    1,153 words
  • 686 16 k Week ended Oct 25 <>—»»[ «*M>— m o— "2 "JO ♦ff*P 041 2 020 -0010 2,r22> ***** ♦O' 00 tnarl b«n»Cond 2fc 0.74 0.M0 «0 010 OUt O S (200 *0 050 O 70 ??2n l*.«n H 0J35 *0010 Cr«atn»T2Sc 0.70 13.900 40 100 SGX 1c Of7 1
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  • 584 16 BONDS WARRANTS t Cam bm 'SI Cmt r»W| tatoo Price uft AST11W***** 175 ,6 ,7 0.97 20 Acma Ltd W*****6 J 1 SO 71S 117 25 Amtek W*****0 73.5 S 2921 i 33 146 32 Armstrong W*****0 1 10 83 600 19 Bar6*SA*****1 10k KM unch 50 Bar 6 5*
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  • 4804 17 Week ended.: Oct 25 for live prices, log on to wwu 'Jisixwnemarketejcom LM Vol Wook Last Quota GrOkr otv CrTW Mot MOn W# Low Cowpowy Sato W- f—0) M># low trnj/m Mhr Cw HI Sn3 ABNAmroNLG 56c 9 -•■12 ••••34 1416 20.5 9 ACE 0vnan*cs20c 11.5 +0.5 26
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  • Page 17 Miscellaneous
    • 286 17 CRYPTIC CROSSWORD ordinator (6, 3) LhJ Tycoon ensures |HI—JBL-JML_JBL__^K__JH__JBL_JBI 10 Tease blockhead in prison just as a game (8) H| H|[ H| 11 Dirty dog dined courtesy of 12 Colour comes out of fancy H H antimacassar (4) Hi neighbouring spinster (4, 4) Lv mm il Told to incorporate legendary
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  • Page 18 Advertisements
    • 76 18 W/7 nyl',^l^Hlsffl Iflß^HiE fIBBM jHH ,v^H We hear you. You want more from your technology. You want to be as productive as you know you can be. You want change. That's why we don't believe technology for technology alone. We believe technology for you. So before we design our processors
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  • BIZIT
    • 720 19  -  idexclusive Major global insurance firms, including Chubb Insurance, are gunning for this lucrative business that's set to open up here. Tim ware fai reports TANG WENG FAI GIVEN the increased concerns about security in cyberspace, a few major global insurance companies are now planning to offer
      720 words
    • 221 19 Bloomberg [ARMONK, New York] IBM Corp says it has built the smallest working model of an electronics circuit, which eventuaUy could replace today's silicon semiconductors. The circuit, which uses lines of carbon monoxide molecules on a copper surface, is 260,000 times smaUer
      Bloomberg  -  221 words
    • 566 20  -  l-ii exclusive Change will entail considerable infrastructure costs because of small market size By Serena Ng OST Singaporeans have come to accept I m f whether willingly I M or reluctantly that I the ez-link contacI Ml tless smart-cards are I here to stay. But
      FILE PHOTO  -  566 words
    • 277 20 AFP [BANGALORE] Indian President APJ Abdul Kalam win inaugurate the annual showcase event in the country's technology and aviation hub of Bangalore today. More than 250 companies including nine from Singapore are slated to participate in the Bangalore IT.COM, which wUI
      AFP  -  277 words
    • 423 20  -  IDC stn4y says spending is expected to jump from USs2Bb last year to USs42bby 2006 By Raju Chellam A SHORTAGE of IT personnel, coupled with increased demand for IT services, will lead to a surge in outsourcing contracts by US government departments and
      AP FILE PHOTO  -  423 words
    • 231 20 Nasscom develops. 4-pronged strategy to achieve objective AFP [BANGALORE] India's premier software lobby said the country's software exports to Italy could reach an annual US$5OO million within six years. Software ex- ports to Italy increased to US$2B million in FYQ2-end-ed March, from
      AFP  -  231 words
    • 235 20 Bloomberg [SEATTLE] Amazon.com Inc shares fell 2.8 per cent after the world's largest Internet retailer said losses from free shipping widened and several analysts downgraded the stock. The shares declined 56 US cents to U5519.30 on Nasdaq on Friday, after dropping as low
      Bloomberg  -  235 words
    • 148 20 AFP [SEOUL] South Korea has forecast a tough challenge from Taiwan and Japan to its lead in the market of flatscreen displays for computers. Exports of South Korean TFT (thin film transistor) LCDs fell to US$l.43 billion in Q3 2002, from US$l.76 billion in
      AFP  -  148 words
    • 785 20  -  The stock is one of the best performers in the battered software sector Paul Chan IT used to be optioned. But now computer security software is a must-have. Events such as last Monday's attack on the Net has put USbased Symantec Corp
      Source: Bloomberg  -  785 words
    • 235 20 Bloomberg [STOCKHOLM] Intentia AB, a Swedish software maker, accused Reuters Group pic of hacking into its computer system last Thursday to gain access to the company's Q3 earnings ahead of schedule. Intentia on Friday traced the break-in to an Internet address registered to Reuters, spokesman
      Bloomberg  -  235 words
    • 867 21  -  11 i comment INFOTECH All It needs is a good hang of technology. Just what Singapore has In plenty lee han shih The writer is a BT Senior Correspondent. LIGHTS! Action! Camera! It's about time Singapore tried to make some money from movies.
      FILE PHOTO  -  867 words
    • IT TAKES
      • 78 21 NATIONAL Computer Systems Pte Ltd (NCS) said it has taken a 51 per cent equity stake in Ipacs Computer Services (S) Pte Ltd. "Ipacs Computer Services is involved in the IT services business in China, with main operations in Beijing, Shanghai, Fuzhou anrf branch offices
        78 words
      • 41 21 TRAVEL portal Zitfi said it has tied up with Internet trust services provider, VeriSign Australia. Zuji will use VeriSign Payflow, Verisign's new online payment platform to enable customers to make travel purchases securely. For details, visit www.znii.com.
        41 words
      • 52 21 MAINBOARD-LISTED Digiland International Ltd said it has been appointed by Microsoft as its master distributor for the Xbox video game system, Xbox games from Microsoft Games Studios, and first-party Xbox peripherals in Singapore. Xbox products will go on sale in 30 retail locations here from
        52 words
      • 67 21 BT ASIA-PACIFIC, British Telecom's business services and solutions division, says it plans to market a suite of security services based on Nortel Networks' security products—including Contivity secure IP VPN switches—in the Asia-Pacific. "BT Asia-Pacific will offer first line support and maintain the customer interface," the company
        67 words
      • 46 21 NINE Singapore-based companies will exhibit their wares at the Singapore Pavilion at the five-day IT .COM exhibition in Bangalore from today. The theme is "Singapore: Your Partner in Asia"'. The Singapore effort is led by the Infocomm Development Authority of Singapore (IDA).
        46 words
      • 30 21 NASDAQ-LISTED Rainbow Technologies, which provides digital content and transaction security solutions, last week opened its South-east Asia regional rep office here, headed by Teo Poh Soon.
        30 words
      • 29 21 AN "Adaptive Software Architecture roadshow Take back control of your storage", organised by Veritas, will be held on Thursday at Pan Pacific Hotel. E-mail veritas-event@pmgasia.com.sg for details.
        29 words
      • 38 21  -  Compiled by Raju Chellam A FREE forum on "Enabling your extended enterprise with channel business applications" will be held on Thursday at Hotel Intercontinental. It is organised by iGine Pte Ltd. For details, e-mail infb@igine.com.
        38 words
    • 1279 22  -  Microsoft bought Douglas Burgum's company and handed him a tall order boost sales by US$lO billion by 2010. Sounds impossible By Victoria Murphy Douglas Burgum is an unlikely fit at the top of the world's largest software company. Microsofties have a habit of steering every conversation
      Source: Forbes Global  -  1,279 words
    • 375 22 AP [PORTLAND, Oregon] Nike Inc co-founder and chairman Phil Knight is getting into the movie business hoping to help a small but respected Oregon studio produce computer-animat-ed feature films that succeed at the box office like Toy Story and Shrek. Mr Knight
      AP  -  375 words
    • 264 22 Reuters [SANTIAGO, Chile] Network Appliance Inc (NAI) said it sees the computer data storage industry expanding strongly next year despite tough economic conditions that have led companies to cut spending on storage. "I am much more optimistic about next year. It should
      Reuters  -  264 words
    • 507 22 It is also working with NTT DoCoMo on network security and e-commerce Reuters (TOKYO] Intel Corp said it expects handsets using its Manitoba microchip which combines wireless processing and memory on one piece of silicon to hit the market by early 2004. Intel
      Reuters  -  507 words
    • 715 23  -  This forces the vendor to take ownership of the project and drive for peak performance. The Interests of outsourcer and vendor will bo a ligned, loading to a win-win situation francis yeoh The writer is CEO of Green Dot Internet Services Pte Ltd. THE
      715 words
    • 236 23 Bloomberg [TAIPEI] Winbond Electronics Corp said its Q3 loss shrank 93 per cent as Taiwan's largest maker of computer memory chips by market value boosted sales of higher-priced chips. Its net loss narrowed to NT$2B3 million (Ssl4 million), from NT$4 billion a year ago.
      Bloomberg  -  236 words
    • 181 23 Bloomberg [NIZHNY NOVGOROD, Russia] Intel Corp may start producing computer chips and network equipment at joint ventures in Russia, Interfax reported, citing Steven Chase, head of the world's biggest chipmaker's Russian business. Intel normally buys 5-15 per cent of local partners and invests about
      Bloomberg  -  181 words
    • 246 23 It plans to have operations in HE, Australia and S'pore next year Reuters [HONG KONG] US online travel agent Expedia Inc will expand into Asia by the end of this year, with plans to operate in three Asia-Pa-cific markets by March 2003, its
      Reuters  -  246 words
    • 471 24  -  Richard Stallman via Internet THIS refers to "Debate on open computing" by Kenneth James (BizlT, Sept 19). Many articles call the system "Linux". That leads many people to think its development was started by Linus Torvalds in 1991. However, it was
      471 words
    • 364 24 Japan risks falling behind China and other competitors, he warns Bloomberg [TOKYO) Sony Corp's CEO Nobuyuki Idei reminded an audience at a conference earlier this month why content matters. "Japan needs to free itself from a culture that pays little attention to the
      Bloomberg  -  364 words
    • 173 24  -  By Raju Chellam HEWLETT-PACKARD Singapore said it has tied up with Adobe, Cisco Systems, GuestTek, Palm Source, Research In Motion (RIM) and Sony Ericsson to offer new mobile print offerings to help users print from any mobile device. The new lineup: HP Mobile Printing
      173 words
    • ON THE SHELF
      • 85 24 AUTODESK Inc said its online project collaboration service, Autodesk Streamline, targeted at the manufacturing industry, is ready. "It is a hosted service for instantly sharing data across the entire extended manufacturing team, including sales, purchasing, documentation, the shop floor, and suppliers," the company said. "It is
        85 words
      • 90 24 and with Inventor 6 AUTODESK has released the newest version of its Inventor 3D software. Called Autodesk Inventors, it includes 200 major productivity and drawing enhancements and routing tools to meet industrial machinery and electro-mechanical design needs. "Customers looking to move from 2D to 3D design will find that this
        90 words
      • 78 24 MAINBOARD- LISTED GP Batteries International Ltd has launched its new GP2OOO Series nickel metal hydride (NiMH) rechargeable batteries, targeted at users of digital cameras, PDAs, portable DVD players, and others. They deliver twice the capacity of similar-sized NiCad batteries, offer up to 1,000 charge/discharge cycles, and
        78 words
      • 75 24  -  OaopMlf Raju Chellam SONY Ericsson said its new T3OO mobile phone, with multimedia imaging, messaging and gaming features, will debut here this week. The triple-band GSM/GPRS phone comes with a 256-colour screen, provides MMS via a new digital snap-on CommuniCam MCA-25 camera as an accessory, and
        75 words
    • 915 25  -  Investors get impatient as Toshiba falls further behind world's No 1 computer memory chipmaker Samwng By Minora Matsutani, Yoshifumi Takemoto Bloomberg [TOKYO] In the 28 months since Tadashi Okamura took over as CEO at Toshiba Corp, Japan's biggest chipmaker posted a record loss and SAP
      Bloomberg  -  915 words
    • 639 25  -  Revenue projections may not be met with customers unwilling to spend By Ben Klayman Reuters [CHICAGO] Many analysts and investors remain sceptical whether telecom equipment maker Lucent Technologies Inc can boost its revenue next year to its projected break-even target and keep it there as
      Reuters  -  639 words
    • 345 25 According to an official, final decision next year Bloomberg [BRUSSELS] The European Commission will issue a preliminary ruling by the end of the year on whether Microsoft Corp violated European competition rules, the European Union's top anti-trust official said. The EC is probing
      Bloomberg  -  345 words
  • Page 19 Advertisements
    • 42 19 TOP STORIES S'pore slow on smart-cards: expert Fga Net attacks help Symantec fire on all cylinders Fia New frontier, new challenge P*4 COMMENTARIES Loo H&n Shihi Singapore should get into the movie business F|3 FrandflYeoh: Consider 'collaborative outsourcing* for e-goverament projects F*6
      42 words
    • 582 19 251 W mm I gg^T nmnTTm—mtmmmmmbJ I v c AHBh *r t f .v^^MssjFi^^aama The new HP Color LaserJet 2500 comes at a price that's ■hp color Lx»«riet 2500 s«nes QS affordable as monochrome printers. 16ppm/4ppm (block/colour) From 64M8 RAM (expandable up A robust printing solution for your growing business
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    • 224 21 Nike 00-foander takes controlling stake in animation studio, Pg 4 WSMir w -liiliF" I flit to maximize business performance of your enterprise solutions, deploy flexible, integrated and function-rich solutions for the enterprise. aS I empowers your business with best-of-breed enterprise applications that are integrated and can extend to the Web
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  • Page 22 Advertisements
    • 260 22 EPfS r. w Tj^kV.i.W l I October 2002. Discount shall be < deducted from the bill. Tn I Not valid with any other dis- A I count, voucher or promotion. Please present this adverI tisement before ordering. For dine-in only. I Great Value Set Lunches Are Also Available At $38++
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    • 63 22 Special Lunch Menu $5.80 Nett Per Item With FREE Choice of One Coffee/Tea/Soft Drinks or Chin Chow Black Pepper Chicken with Steam Rice Claypoffcaksa Seafood Spaghetti Thai Jug@sl 5.00 nett cack 7 Fcx enquiries, call us at 6430 4119 218 Queen Street. Singapore *****7 Tel: 6332 2222 Fax: 6334 9533
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    • 129 22 Whet your appetite with Sashimi. Oysters. Sushi, mouth-watering Barbecued Meats. Pastas, a Tempura station and more. Available Sunday to Thursday at $29 per adult, and $18 per child. Free flow of house wine at $20 and beer at $15 per person respectively. SPECIAL OFFER: For every two adults I dining,
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    • 36 22 xanety to choose from. each set comes with nee. fresh frurts. man dtsh Mushroom Set Ctwken Set Beet S*ce Set Garoupa Fish Set Prawn Set Scallop Set Tiger Prawn Set Salmon Set CALL: 6253-0777 7Vf) (AngeSne)
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    • 36 22 MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Enquiries: 6851 6291 ©MMXiJC l«l llmi lil Mandarin ||j Stnpyxtne J JBBL 333 Orchard Road. Singapore *****7. Tet: 6737 4411 Fax:6732 2361
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    • 84 23 When we ,oo k into .he future /-jl we have hers in mind. As a knowledge-based company, we focus in innovations in technology that enrich her life. From communications, power, medical to automation and transportation. Because her future is our future. k i 1 iM I J Ww t J
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    • 130 24 ■HEre£^lLg2g»4gj^^^K|^Bfl^^Hß^^^^^^KH(j&^^N ij v Jfffgk 'V _^JF i Can your software help keep your business up and running no matter what? Ours can. Your company's infrastructure is far too important to risk. That's why our full range of business continuity solutions ensures you're able to handle anything. BrightStor™ storage solutions provide
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    • 54 25 p E-Business Suite Marketing Projects Sales Financials P Order I Management Human Resources Procurement Service Supply Chain Manufacturing All your applications engineered to work together All your information in one place oracle.com/ad or call 1800 672 2531 Copyright 2002. Oracla All rights raaarvad Oracla it a ragiatarad tradamart of Oracla
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  • Page 26 Advertisements
    • 2073 26 BY GREG PAPAD0P0UL0S mated, complexity reduced, reTHE question, best sourc f bett ut i lised and total expressed by Rob cost of 0Wnershi P lowered. Gingell, CTO of An open architecture. N1 proSun's Software a means to virtualise the eleSystems Group, ments of the network the servis simply this: "If
      2,073 words

  • SHIPPING TIMES
    • 271 27 Contributed by Simpson Spence Young THE dry bulk sector has remained active. Vessels sold for farther trading ■DUGAIUBMk ♦Yangtze Ore: 171,500 tdw bit 99 Hyundai hi. ♦Virginie Venture: 171,101 tdw bit 99 Hyundai yi reported sold region U5|62,000,000 en bloc to clients of Angelicoussis. ♦Cemtex General: 69,200 tdw
      Contributed by Simpson Spence & Young  -  271 words
    • 244 27 HP ocvm a CWT Distribution 0.70 «idt 0 ChuanHup 0.46 uncft 1237 Cosco inv*stm*nt —0.19 0.02 215 Fr*taM Until 0.04 uncft 23 OB MaMnni 0j66 0.06 AO J*yaHoM&t«s 0.25 0.01 002 Kspp*ICorp 4.50 unch 815 K*pp*< Marin* an uncft 1096 KappalTal* a93 0.05 300 Latroy Marin* 0.24 0.01
      244 words
    • Article, Illustration
      60 27 [TORBAY, England] The Cypriot-registered general cargo ship Bothnia Stone shedding timber in a bid to correct a dangerous list in the waters of Torbay. The Bothnia Stone issued a Mayday call at 9.50pm on Friday after its engines stopped during a gale. The ship arrived at Torbay on
      AP  -  60 words
    • 609 27  -  EXTREME WAR RISK PROTECTION, They say new risk realities would posh marine premiums np Bl Beth Jinks [SINGAPORE] Shell-shock-ed marine insurance underwriters may be forced to turn to governments to shoulder the new burden of extreme war risk protection, a leading brokerage has warned.
      609 words
    • 341 27 Reuters [SYDNEY] Australian shipbuilder Incat Tasmania Pty Ltd has secured contracts with the US Army and Navy to supply two wave-piercing catamaran troop carriers worth US$lOO million orders it hopes will save it from receivership. Incat's high speed catamaran design, usually built as a
      Reuters  -  341 words
    • 263 27 Xinhua [SHANGHAI] Shanghai Port, China's fastest growing foreign trade port, reported a 10 per cent increase in the average daily number of coming and leaving ships in the first nine months this year over the same period last year. On average, 62
      Xinhua  -  263 words
    • 135 27 AFP [SUAO, Taiwan] Taiwan's Coast Guard Administration (CGA) has unveiled a self-righting rescue boat, saying it is one of the safest such vessels in the world. The 43-tonne "self-righting search and rescue boat", the first of its kind in Asia, successfully flipped back
      AFP  -  135 words
    • 169 27 Bloomberg [TAIWAN] Taiwan's Yang Ming Marine Transport Corp and its CKYH alliance partners will add one weekly service from the US East Coast to Western Europe, bringing the total number of services to four a week from January. "We had the expansion planned before the
      Bloomberg  -  169 words
    • SHIPPING news
      • 753 28  -  ZJMER SCENE -By\ David Hughes SOME serious talking went on in Brussels last Tuesday between European Commission and US Customs officials on the US Container Security Initiative (CSI). An upbeat EU statement subsequently told the world that "both sides agreed to work quickly
        REUTERS FILE PHOTO  -  753 words
    • 209 28 PACE Gemartrans 4 A*ant kj G Link JO B taog Mas 5 Worylto* W BSA 6 < BSC 10 Hamburg-Sod 5 BTl 10 Heung-A 3 CMACGM 3 Hutrfjne 10 COSCO 3 10 Central Ex 4 Hyundai 4 Chahayj to Imkov 9 ChmaSApg 5 l*Jogu« 9 Confer 10
      209 words
    • 9640 32 THEBUSINESSTIMES EXPORT n Ad ,^l S r T* Vov T *W«"» ETA ETA v«s* Voyaqe Telephone SIN Dest n Name Name Number Number SIN Dest'n Nam Name Number Number T- im -.nni CMACGM CMA COM NEPTUNE 453W ********** To ABIDJAN (ABJ) 2003 Cota D'lvolr* U/ll 02/12 COSCO FRANCE
      9,640 words
    • SHIPS IN PORT
      • 693 35 Voy Wo t«fth Arrival Departure JURONG PORT GREAT HAPPY 29 J12 A/SIDE 28/10 2300 HANDYLOGGER 04TC J10 A/SIDE 28/10 0800 KORALIA ***** J23 A/SIDE 28/10 1300 MAWATANGNGE PV302A J25 A/SIDE 28/10 0500 NORTH SEA 10-Feb J7 A/SIDE 28/10 1800 OCEAN BIRD V07/02 J24 A/SIDE 28/10 0700 AGIOS ANDREA
        693 words
      • 2137 35 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Ifo- Berth Name Voy Voy seq berthing Nmbr (His ocs i 27/i<woog-ifc3o anoam-cuo wo acxira<moim ostt 05c i Mnoooca-QMo **********00 BO7 ACX MAGNOUA 05tt 2 *****002 16.00 290 ***** 2130 K09 AOC RAFFLES 070N 1 *****002 2300 *****002-0800
        2,137 words
      • 143 35 Oct 28 New Zealand: Labour Day. Nov 1 France: All Saints' Day. Philippines: All Saints' Day. Nov 2 Sweden: All Saints' Day. Nov 3 Japan: Culture Day. Malaysia: Deepavali. Singapore: Deepavali. Nov 9 Brunei: First Day of Pasting. Nov 11 Italy: Remembrance Day. France: Remembrance Day. Belgium: Remembrance
        143 words
      • 804 35 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sued stem Market movements are indicated The Cockett Bunker Price Index change and
        804 words
      • 491 35 ft* M rt0 W*« 991.5 0.4 15.0 0.08 49 0.04 Pmsttr Water Bgjfct »sH»)—wW— Si«t»iirt No above E25 1 0 0 0 0 0 %H/H 380 Ave 985.6 02 M.8 0.05 24 0.02 rt *>Mai 998.7 0.5 18.3 0.09 57 0.05 W>rl Wo above G35 *****Q
        491 words
    • AIR & LAND transport
      • 405 36 AFP [OTTAWA] In its first ruling on obese passengers, the Canadian Transportation Agency (CTA) dismissed a complaint against Air Canada from an obese woman who said their single, narrow airline seats are discriminatory., The 45-year-old woman said on Thursday she was considering appealing
        AFP  -  405 words
      • 425 36 Gat-rate airline sees potential in business travel too Reuters [TOKYO] Fledgling Japanese carrier Skymark Airlines Co Ltd has applied to the Transport Ministry to operate two new domestic routes from April 2003, marking a significant expansion for the six-year-old airline. Skymark said
        Reuters  -  425 words
      • Article, Illustration
        60 36 [SYDNEY] A car is crushed under a train after a collision thai also involved a school bus in the southern Australian city of Adelaide, on Thursday. The bus, which was believed to be carrying students from the Salisbury High School, collided with the interstate Ghan train at a
        AP  -  60 words
      • 623 36 They can claim op to 600 euros for over-booking or cancellations Reuters [STRASBOURG, France] Passengers left on the ground because their airline over-booked the plane or cancelled the flight will be entitled to cash compensation under a new draft European Union
        Reuters; AFP  -  623 words
      • 226 36 AP [PITTSBURGH] US Airways has announced plans to lay off 471 more pilots by May to of&et rising fuel costs and continued weakness in the airline industry. The bankrupt airline has previously said it would lay off 286 pilots by next
        AP  -  226 words
      • 1839 36 or* mow no mmr no son otoo 0*7305 2255 MM urw wo MIX 200 WTM 1545 on 2255 gjj ore 280 S0325 845 UW763 2350 *■BtorOM S035 0655 "f" 2330 UfTTO 1650 IH0706 2350 gm on so* 23J5 so26 2350 *1137 S35 SO 2007 1650 L*77»
        1,839 words
      • 473 36 Reuters [SOFIA, Bulgaria] Bulgaria may end the agony of its indebted Balkan Airlines by launching a liquidation process as early as this week after years of failed efforts to rescue the troubled national carrier. The airline's biggest creditor the Bulgarian state private companies
        Reuters  -  473 words
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    • 659 28 TP USA/CANADA U I EXPORT 1 I OTHER DESTINATIONS I 1"_ [tttSW juiMCKMK OAOAS j HOMSTOW |—WS|(MMCO |IKWTOm] TO AUSTRALIA (AUSTRALIA ASM EXPRESS) 1 OOdOONA 5K44 29/10 I 1/11 I 17/11 11/11 22/11 22/11 22/11 25/11 SS I' tmd OOdJAMN 4X45 Mil 11V11 I 24/11 30/11 U/12 01/12 11/12 M/
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