The Business Times, 19 March 2003

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 MITA (P) 024/03/2003 850 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial com.sg WEDNESDAY, MARCH 19. 2003
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  • Article
    Lock icon Hopes of a snappy Iraq war lift markets
    947 1  -  This is a short-term relief and long-term worries remain, caution analysts Byi Catherine Ong [SINGAPORE] With the uncertainty over the start of war in Iraq removed, investors around the world, including Singapore, piled into stocks and currencies yesterday. But businesses and investment
    947 words
  • Article
    Lock icon US stocks may rise 20% if war follows script: traders
    985 1  -  Bnt Wall Street hesitates in morning after Monday's surge From, Andrew Marks in New York SOME doubt crept back into Wall Street yesterday morning as stocks pulled back in volatile early trading following a thunderous rally on Monday fuelled by
    985 words
  • Article, Illustration
    Lock icon Iraq war opera
    117 1 Reuters [SYDNEY] From grumbles in pubs to blood-red paint on the famous Sydney Opera House, Australians opposed to a US war on Iraq made their views plain yesterday as their prime minister, John Howard, committed troops to any assault. Morning commuters crossing Sydney's Harbour Bridge were greeted
    Reuters; PHOTO AFP  -  117 words
  • Article, Illustration
    Lock icon Nokia set to win two 3G mega-deals in S'pore
    859 1  -  |:il exclusive It's also on short-list of Sing Tel to install network By Angela Tan, Raja Chellam [SINGAPORE] Finnishbased mobile phone giant Nokia is set to win two out of three mega-contracts to install 3G (third generation) infrastructure in Singapore and
    859 words
  • Article
    Lock icon MARKETS
    71 1 Sll (+39.70) ST INDEX FUTURES 1,280.00 (+54.00) 88M8CI FUTURES 180.70 (+6.30) Tuesday Change KLSECOMP 627 08 *4.47 NIKKEI 225 7.954.46 *82.82 HANG SENG __9.041.51 *237.35 SET INDEX .362.85 +8i4 JAKARTA COMP -384.64 +2 49 MANILA COMP .1.005.59 *613 TAIPEI WP1 4,539.72 +181.73 SEOULCOMP 537.31 +22.07 SHENZHEN B 196.12 -0.54
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  • Article
    Lock icon FINANCE
    72 1 FOREX RATES US* SS I'SS (SS per USS) 1.766 £(l'SS/SS per 1.568 1768 EURO(l'SS/SS/E). 1.064 1.879 YEN 118.6 6710 RM 1800 1152 HKS 7.799 4.417 BAHT 4193 24J1 RIT1AH 9,027 5.112 RENMINBI 8199 4 700 INDIAN RITEE 47 66 26.99 PRIME RATES SINGAPORE* 535 KUALA LUMPl"R 6.40 HONG KONG
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      Lock icon Page 1 Advertisements Column 1
      146 1 48 W 9am 9am UflllPs TUESDAY THURSDAY lIUUIXU MARCH 18 MARCH 20 MORE REPORTS MAS prepared for any financial fallout from war, Pg 2 Robin Cook, 2 ministers resign, Pg 2 Koizumi acts to calm markets, Pg 4 Fl race in M'sia still on: minister, Pg 4 Currencies: The good,
      146 words
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  • FOCUS iraq
    • Article
      Lock icon MAS prepared for any financial fallout from war
      635 2  -  Readiness shown in swift prevention of market panic after Sept 11 attacks Byy Wong Wei Kong [SINGAPORE] The Monetary Authority of Singapore (MAS) is prepared to tackle any fallout in financial markets as a result of a war in Iraq, Second Minister
      635 words
    • Article, Illustration
      Lock icon Transport stocks rise as oil price recedes
      585 2  -  Bat analysts say a long Iraq war will cast a shadow fly' Wong Wei Kong [SINGAPORE] Oil sensitive stocks rose here yesterday as oil prices fell further on expectations of a short war in Iraq that will not seriously disrupt supplies. Singapore Airlines
      Source: Bloomberg  -  585 words
    • Article, Illustration
      Lock icon 3 ministers quit but London stocks still rise
      547 2  -  Pound, govt bonds weaken; Blair may be forced to go if war is prolonged From Neil Behrmann in London THE London stock market rose for a fourth straight day despite the resignation of three Cabinet ministers over the Iraq crisis which highlighted
      REUTERS  -  547 words
    • Article, Illustration
      Lock icon Koizumi acts to calm markets
      686 4  -  War talk drowns out new BOJ chiefs hint of flexible monetary policy From Anthony Rowley in Tokyo JAPAN was placed on a war footing yesterday as Prime Minister Junichiro Koizumi vowed to make "utmost efforts to secure the safety of Japanese nationals and to prevent
      686 words
    • Article
      Lock icon Shipping lines see minimal impact on M-E ops
      367 4  -  By) Beth Jinks, Donald Urquhart [SINGAPORE] Higher fuel and insurance costs will temporarily affect bottom lines, but it is likely to be business as usual for most shipping lines operating in the Middle East even if Iraq is attacked. Minimal route changes
      367 words
    • Article, Illustration
      Lock icon Shilling due at any moment
      53 4 [KUWAIT] A. US soldier yesterday loading shells into his Bradley fighting vehicle in the desert of western Kuwait while preparing for war with Iraq. On Monday night, US President George W Bush gave Saddam Hussein and his sons 48 hours to leave Iraq or face
      AP  -  53 words
    • Article, Illustration
      Lock icon Within striking distance
      43 4 New troop deployments ordered by the Pentagon could double US numbers in and around the Gulf to around 120,000 personnel, about half the total number (according to unofficial estimates) expected to take part in an attack on Iraq Reuter's graphic
      Reuter's graphic  -  43 words
    • Article
      Lock icon Lack of UN consensus no excuse for inaction: Singapore
      175 4 [SINGAPORE] THE failure of the Security Council to reach a consensus on a second resolution on Baghdad is not an excuse for inaction, the Singapore government said yesterday. A foreign affairs ministry spokesman said weapons of mass destruction pose a grave
      175 words
    • Article
      Lock icon Asian airlines start to cut services, change routes
      550 4 Korean Air cuts US flights, Thai Air to suspend services Bloomberg {SEOUL) Korean Air Co. Thai Airways International and other Asian airlines are cutting services, mapping alternative routes and asking staff to take vacation as a war in Iraq becomes increasingly likely.
      Bloomberg  -  550 words
    • Article
      Lock icon War won't stop F1 race in M'sia: minister
      452 4  -  70,000 tickets sold so far, more than doubled from 2002 From Diana Oon Abdullah in Kuala Lumpur MALAYSIA will continue with the Formula One races scheduled to be held in Sepang this weekend despite the looming war in Iraq. War jitters had
      452 words
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      146 2 l THE MONETARY AUTHORITY OF SINGAPORE J Tenor Approximately 5 years Total Amount Allotted SGD 2,800,000,000 Amount Allotted to Non-Competitive Applications SGD 368,636,000 Of which allotted to MAS SGD 200,000,000 Total Amount Applied SGD 3,985,698,000 Coupon Rate 1.500% p.a. Average Yield Price 1.52% p.a. and on Allotment 99.904% Cut-off Yield
      146 words
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  • WARBriefs
    • Article
      Lock icon Baghdad refects US ultimatum
      100 4 AFP [BAGHDAD] The Iraqi leadership yesterday rejected the US ultimatum for President Saddam Hussein and his sons to go into exile or face invasion and pledged victory over the United States in "Iraq's last battle". The rejection came from a joint meeting of the ruling Baath
      AFP  -  100 words
    • Article
      Lock icon Still time lor diplomacy: Moscow
      86 4 Reuters AFP [MOSCOW] Russian foreign ministry spokesman Alexander Yakovenko yesterday said Russia believes time has not run out for solving the Iraq crisis through diplomacy. He said Moscow believes there are no grounds for saying that a political-diplomatic solution to the situation in Iraq has
      Reuters; AFP  -  86 words
    • Article, Illustration
      Lock icon France, Germany oppose US move
      153 4 Reuters AP [PARIS] France yesterday said the world did not back President George Bush's ultimatum to President Saddam Hussein to leave Iraq within 48 hours or face military action, while German Chancellor Gerhard Schroeder said there was no justification for a war against Iraq. He
      Reuters; AP  -  153 words
    • Article
      Lock icon War will be illegal, says Indonesia
      76 4 AFP [JAKARTA] Indonesia said any US attack on Iraq would be illegal without the consent of the United Nations. "We are concerned that the US is creating the impression that diplomatic efforts have failed and the only sure thing is war," foreign ministry spokesman
      AFP  -  76 words
    • Article
      Lock icon Canada won't support action
      57 4 Bloomberg (OTTAWA! Canadian Prime Minister Jean Chretien broke with longtime allies the US and the UK, declaring his country won't participate in an attack on Iraq without endorsement of the UN Security Council "If military action proceeds without a new resolution of the Security Council, Canada
      Bloomberg  -  57 words
    • Article
      Lock icon Call to release strategic oil reserves
      71 4 Bloomberg [WASHINGTON] President George Bush should authorise an immediate release of as much as 750,000 barrels of crude a day from US stockpiles, the ranking Democrat on the Senate energy committee, Jeff Bingaman, said. Hie Strategic Petroleum Reserve holds nearly 600 million barrels, equal
      Bloomberg  -  71 words
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      Lock icon Page 5 Advertisements Column 1
      134 5 9 4 Aig. i W i, v H Pjr Welcome to Singapore, Mr Scott McNealy, Chairman, President CEO, Sun Microsystems, Inc. CSA Automated, ECS Computers (Asia), Frontline Technologies and Ingram Micro Asia are honoured to welcome Scott McNealy to Singapore. Scott is one of the tech world's most brilliant and
      134 words
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  • SINGAPORE companies
    • Article
      Lock icon Indosat hires ING Barings to revamp its ops
      410 6  -  \'H exclusive! Exercise involves merger of units and restructuring USs9oomofdebt By, Angela Tan PT INDONESIAN Satellite (Indosat), in which Singapore Technologies Telemedia has a 42 per cent stake, has appointed ING Barings to help streamline its operations, sources close to the group
      410 words
    • Article, Illustration
      Lock icon SMRT names Tibs GM as deputy president
      316 6  -  By Michelle Quah SMRT Corporation has appointed Tan Hup Foi as deputy president, less than four months after ushering in a new chief. Mr Tan, 53, is general manager of SMRT's bus unit Tibs Holdings. SMRT said yesterday that Mr Tan, as deputy
      FILE PHOTO  -  316 words
    • Article, Illustration
      Lock icon Making waves again through alliances
      455 6  -  High-fliers forge deal between ECS and Trek 2000 By\ David Boey CHESTER Lin and Chay Yee Meng two new-mon-ey entrepreneurs who made a bundle after electronics manufacturing services firm Nat Steel Electronics (NEL) was bought by USbased Solectron under a US$2.4 billion deal in 2000
      FILE PIIOTO  -  455 words
    • Article
      Lock icon Keppel Shipyard wins two contracts worth $100m
      203 6 KEPPEL Corporation's wholly-owned subsidiary Keppel Shipyard has secured two conversion contracts totalling about $100 million. The first contract is for a fast-track conversion from repeat customer Single Buoy Mooring (SBM), Keppel Corp said yesterday. Keppel Shipyard has completed four similar fasttrack projects for
      203 words
    • Article
      Lock icon SPH panel to boost group synergies
      261 6 SINGAPORE Press Holdings has set up a committee to achieve higher growth through better synergies across the media group. Chief executive Alan Chan, who chairs the committee, said: "In a large company like SPH, with 15 different newspapers, six magazines, two television channels, two
      261 words
    • ON THE grapevine
      • Article, Illustration
        Lock icon Oh dear
        122 6 WITH Iraq on the brink of being invaded, it should come as no surprise that its capital, Baghdad (above), was placed 213 th out of 215 cities in a recent quality-of-life survey by Mercer Human Resource Consulting. Only Congo's Brazzaville (214 th) and Bangui in the Central African
        AFP  -  122 words
      • Article
        Lock icon E-rogue gallery
        125 6 SINGAPORE has been accused of being a fertile breeding ground for writers of computer viruses and here's how the pests were profiled by expert exterminator Jan Hruska in a report yesterday. Obsessed with computers, socially inadequate, lacking female companionship which makes most of them men and aged between
        125 words
    • Article
      Lock icon S'pore firms stuck in listing limbo
      712 6  -  rw lock siew loh hui yin THE Singapore Exchange (SGX) and some Singapore companies have lately found themselves in an unenviable position, all because of a policy review that's being carried out in another country by China's Securities Regulatory Commission. And there's nothing much
      712 words
    • COMPANYBriefs
      • Article
        Lock icon Achieva incurs $7.9m loss
        69 7 ACHIEVA Ltd reported losses of $7.96 million for the year ended Dec 31, compared with profits of $3.92 million a year ago. Loss per share was 1.78 cents, from earnings per share of 0.92 cent. Turnover fell to $464 million from $482 million. The electronic and
        69 words
      • Article
        Lock icon Eagle Brand warm of loss
        109 7 Bloomberg SINGAPORE-LISTED Eagle Brand Holdings, which sells ceramic tiles and toilets in China, said it may have to post a loss for the fiscal year ended Jan 31, citing provision for obsolete inventory and a major write-down of asset value of machinery expected to become
        Bloomberg  -  109 words
      • Article
        Lock icon Semiteoh reports improved earnings
        80 7 Reuters SEMITECH Electronics said last year's net profits rose to $3.70 million from $2.58 million a year ago. Earnings per share increased to 2.62 cents from 2.04 cents. Turnover rose to $39.52 million from $21.51 million. Dividend was 0.78 cent, compared to nil previously. Semitech makes
        Reuters  -  80 words
      • Article
        Lock icon SMB profit jumps 51% to $6.1m
        76 7 SMB United reported a 51 per cent jump in net profits to $6.17 million for the year ended Dec 31. This was despite a drop in turnover to $113.6 million from $121 million. The company said it expects to remain profitable in 2003. Earnings
        76 words
      • Article
        Lock icon SM Summit slips back Into red
        83 7 SM Summit, which returned to the black in 2001 with a net profit of $1.3 million, has slipped into the red again with a net loss of $9.9 million for the year ended Dec 31,2002. This was caused by an exceptional loss of $9.1
        83 words
      • Article
        Lock icon SingInv lifts profit by 22%
        85 7 SING Investments and Finance posted a 22.5 per cent jump in net profits to $6.35 million for the year ended Dec 31. Income before operating expenses rose 23.4 per cent to $19.4 million. Helping the group were lower costs of borrowing from reduced interbank and
        85 words
    • Article, Illustration
      Lock icon S'pore could see 10 to 15 Reits in five years: DBS
      403 7  -  This might comprise two to three trusts in each property category By, Andrea Tan SINGAPORE could see 10 to 15 real estate investment trusts (Reits) in five years, DBS Group Holdings said yesterday. Stephen Finch, DBS managing director of
      403 words
    • Article, Illustration
      Lock icon Labroy profit down 8.2% to $20.9m
      377 7  -  By Audrey Tan TRANSPORT and engineering group Labroy Marine yesterday reported an 8.2 per cent drop in net profit to $20.9 million for the year ended December 2002, despite a 26.2 per cent jump in turnover to $281.3 million. The group attributed the poorer
      FILE PHOTO  -  377 words
    • Article
      Lock icon Nucleus Electronics sets a first for listed companies
      205 7  -  By Stephanie Tap NUCLEUS Electronics yesterday became the first listed company to hold its annual general meeting for the financial year ended Dec 31,2002. It was also the first Sesdaq company recently to release its financial results 15 days after its financial
      205 words
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      202 6 cdftifoimwna ram.-— IN THE MATTER OE COMPANIES ACT (CAP 50) AND IN THE MATTER OE INVESTMENT ALLIANCES ASIA PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308( I) of the Companies Act Cap 50 that the final general meeting of the abovenamed Company will be held
      202 words
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      Lock icon Page 6 Advertisements Column 2
      154 6 Call toll-free 1800 289 8822 NOTICE TO CREDITORS AND CONTRISUTORIES Of INTENTION TO APPLY FOR RELEASE HONG CHIA BUILDING CONSTRUCTION PTE LTD COMPANIES WINDING UP NO. 167 OF 1995 Take notice that I, «he under signed liquidator ol abovenamed company, intend to apply to Court lor my release, dissolution ol
      154 words
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      121 7 jaguar.com The only place it will linger is on your mind. 6 speed automatic transmission. Adaptive Restraint Technology System. Leather and maple interior. Electronic parking brake. THE NEW S-TYPE JAx f *j^mi vvi kVVmulllllllll Actual specifications and equipment may differ from model shown here. LVJ Malayan Motors 45 Leng Kee
      121 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      309 8 OTHER SINGAPORE INDICES Mar 18 VALUE CLOSE WOW -218.00 +215.00 IT CAM -*****.00 ♦161.00 TlH«yMA -*****.00 -21.00 mWEpMw 342.93 +9.20 119.20 +6.11 »EM»nFhi 1068.60 +43.27 WEmMuPtm 313.64 +8.59 ■MOTIf ipin 156.47 +5.41 SMQhhmi 156.70 +6.30 Stocks Volume Stock* Cseto W- Stocks Cents W- Accord Customer 2.5c 39,987.000 EHYetslc 1 100.0
      309 words
    • Article, Illustration
      Lock icon The good, the best and the ugly
      842 8  -  =iri comment CURRENCIES How 3 possible outcomes of an Iraq war will impact on Wall St, US$ larry wee IRAQ and President Saddam Hussein now have 24 hours or so to escape the terrible consequences of a full-fledged US invasion. So let's examine
      842 words
    • Article, Illustration
      Lock icon Is it a case of'sell in anticipation, bay on announcement'?
      800 8  -  PTicomment STOCKS r. sivanithy "BUY in anticipation, sell on announcement" is a common axiom that refers to a rise in stock prices ahead of significant news a rise that is followed immediately by a fall after the news is released.
      800 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3060 8 UNIT TRUSTS FUNDS Com Giobal Fevmce Index Fd 0672/ Com Global Lifestyle Index Fd 0 777/ Com Global Health Index fd 0.734/ AM Amto «M Mgt (S pore) Com Global Telecom Index fd 0 376/ Star Europe Eoty!* 1 0.555/ Com Global mfotec Index fd!** 0-263/ 2* I" 0 St
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  • SINGAPORE news
    • Article
      Lock icon New home office scheme soon: Mah
      443 9  -  YESTERDAY IM PAKLIAMBMT Residents can conduct business within piMm By Vince Chong A NEW home office scheme will allow more business usage in public and private residential areas, expanding the scope of existing schemes. After Aljunied GRC MP Cynthia Phua asked in Parliament yesterday
      443 words
    • Article, Illustration
      Lock icon Higher limits for Medisave withdrawals
      326 9  -  By Audrey Tan SINGAPORE will allow people to withdraw more Medisave funds for serious medical conditions from July, and will need to see if it' should make medical insurance compulsory for all, Health Minister Lim Hng Kiang said in Parliament yesterday. The proposed changes come
      326 words
    • Article
      Lock icon Boost for local film-making with training school
      281 9  -  Media Hive-Canon joint venture supported by MDA By Elgin Toll A NEW film-making school, dubbed Digital Media Hub (DMH), has been opened in Singapore in a joint venture between media education firm Media Hive and photographic and digital imaging giant Canon. The school,
      281 words
    • Article
      Lock icon Barclays predicts recession this year
      318 9  -  I =rt 3 on the economy economic outlook By Audrey Tan WITH Singapore's first-quarter economic growth at a disappointing 2.7 per cent, a 2003 recession does not seem such an outrageous call any more, according to economists at Barclays Capital. In their latest Rates Strategy,
      318 words
    • Article
      Lock icon Bristol-Myers Squibb sets up data analysis hub
      288 9 PHARMACEUTICAL firm Bristol-Myers Squibb (BMS) yesterday announced the opening of its latest clinical data analysis hub here one of 17 it operates worldwide. The company said it will make a first-year commitment of US$7 million to cover initial capital and running costs. Cezary
      288 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      354 9 The Lange Datograph. The contents: A cornucopia of mechanical highlights. Reduction of mechanical Chronograph switching friction with Minute-counter switching lever lever with stable shaft in 40 jewels. mounted in double jewel bearings. opposed bearings. Movement precision-regulated in five positions. Bearing jewels in screwed gold chatons. Plates and bridges made 0f
      354 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon India's tough, line on its workers abroad
      749 10  -  OPINION IT7TTI bottom line amit roy choudhury THE Indian government's sharp and swift reaction to about 200 Indian IT professionals being rounded up and roughed up early on March 9 by the Malaysian police on suspicion of being illegal immigrants has surprised many.
      749 words
    • Article
      Lock icon IN OTHER WORDS
      78 10 'We are going to want someone to pay for all this and that is when you discover the cost of relying too much on efficiency, and not enough on establishing the legitimacy of your military actions.' -Joseph Nye the dean of Harvard s Kennedy School of Government,
      78 words
    • Article
      Lock icon The war and Asia
      597 10 EDITORIAL THE "moment of truth" for Saddam Hussein could also mean the beginning of some hying times for Asian governments in the weeks ahead. No matter that financial markets have reacted positively to the news, the closure of diplomatic options and the imminence of a US-led
      597 words
    • Article, Illustration
      Lock icon When a productivity surge reflects bad news
      854 10  -  The ruthless elimination of the least efficient plants and companies doesn't necessarily signal a robust recovery for the US economy By] Robert J Samuelson The Washington Post Writers Group WE go through these fads these Fixations with certain economic statistics, which are imbued
      The Washington Post Writers Group; AP  -  854 words
    • Article
      Lock icon China visitors richer than HDB folk
      412 10  -  MAiLisrm Toh Han Shih Beijing via Internet I REFER to the report "Chinese tourists to get a taste of HDB life" (BT, March 8). I read with shock the sentence, "The plan is to attract Chinese tourists to stay in the estates so that
      412 words
    • Article
      Lock icon Pricey phone number enquiries
      410 10  -  Leong Sze Hian SINGTEL announced on March 15 that it will increase its rate for local directory enquiries by 100 per cent, a move approved by the Infocomm Development Authority (IDA). Instead of 30 cents for each listed local telephone number provided by its Service 100
      410 words
    • Article
      Lock icon Declare dividends in cents per share
      194 10  -  Denis Distant IN the past when shares listed on the local bourse had a share par value of $1 and dividends were expressed as a percentage, it was simple to calculate the net dividend amount. Nowadays the par value can be a mere one
      194 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Reforms only way to fix banks, says Wen
      467 11 BEIJING He says 4 big banks with 25% bad loans should be turned to commercial banks Reuters CHINA'S Big Four state banks have bad loan ratios of 25 per cent, a problem that can be cured only by turning them into shareholding
      Reuters  -  467 words
    • Article
      Lock icon China Mobile net rises 17% to US$4b
      256 11 HONGKONG Its first dividend will be bigger than expected Bloomberg CHINA Mobile (Hong Kong) Ltd, the world's biggest mo-bile-phone company by users, said it will pay a first dividend bigger than most analysts expected after profit last year rose 17 per cent to
      Bloomberg  -  256 words
    • NOTEBook
      • Article
        Lock icon HBB0 gets China oustodian licence
        85 11 AFP [BEIJING] China widened its approval of a landmark scheme that will allow foreign banks to act as custodians to foreign institutional investors in the country's stock markets, the Xinhua news agency reported. Global banking giant HSBC received the green light yesterday from Chinese regulators
        AFP  -  85 words
      • Article
        Lock icon Indian software exports on target
        93 11 AP [BANGALORE] India's software-related exports will exceed 450 billion rupees (5516.6 billion) in the 2002-2003 fiscal year that ends on March 31, said Kiran Karnik, president of the National Association of Software and Services Companies. "We are more or less on target," he said yesterday.
        AP  -  93 words
      • Article
        Lock icon Sino Land interim profit falls 19%
        68 11 Bloomberg [HONG KONG] Sino Land Co said first half profit fell 19 per cent. Net income fell to HKIISB million (5535.7 million), or 4.06 HK cents a share, from HK1196 million, or 5.08 cents a share, in 2001. Sales rose to HK$3 billion from
        Bloomberg  -  68 words
      • Article
        Lock icon Global giants bid for Indian oil firm
        69 11 Xinhua [NEW DELHI] Global oil giants including Royal Dutch Shell, British Petroleum, Kuwait Petroleum Corporation and Chevron Texaco joined the race here on Monday for acquiring an Indian oil company. At the time of closing bids, marly a dozen companies have submitted their
        Xinhua  -  69 words
      • Article
        Lock icon Pertamina to be a limited company
        74 11 AFP [JAKARTA] Indonesian President Megawati Sukarnoputri will this month sign a regulation changing the status of energy firm Pertamina into a limited company, an energy ministry spokesman said yesterday. "The regulation is aimed at turning Pertamina into a competitive business entity that will be
        AFP  -  74 words
      • Article
        Lock icon China govt spending up this year
        68 11 Bloomberg [BEIJING] China's government spending growth picked up in the first two months of this year, as more money was spent on public works projects aimed at creating jobs. Fixed-asset investment—which includes spending by all levels of government and by state-owned industries grew a
        Bloomberg  -  68 words
      • Article
        Lock icon Refoo, Polaris to merge Taiwan ops
        50 11 Bloomberg [TAIPEI] Refco Group Ltd, the world's largest privately held futures broker, and Taiwan's Polaris Securities will merge their Taiwan futures trading operations to form the island's biggest broker. Polaris will own 57.5 per cent of the venture, with Refco owning the remainder. Bloomberg
        Bloomberg  -  50 words
    • Article, Illustration
      Lock icon HK tourism falters as outbreak hits 28 more
      518 12 PNEUMONIA SCABS Package tonr bookings from S-E Asia are down 80% in recent days Bloomberg Reuters HONG Kong tourism, one of the twin pillars driving the territory's economic recovery, may be faltering as the outbreak of a mystery disease threatens to cut
      Bloomberg; Reuters; AFP  -  518 words
    • Article
      Lock icon Full list of Bank Danamon's five bidders tomorrow
      265 12 JAKARTA Ibra aims to wrap np sale of 51% stake next month Reuters INDONESIA'S Bank Restructuring Agency (Ibra) said it would name all players vying for a 51 per cent stake in Bank Danamon, the country's fifth-largest bank, tomorrow. Ibra owns more
      Reuters  -  265 words
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      Lock icon Page 11 Advertisements Column 1
      334 11 IfTTTnjXTirTfKTSS| aspects of Business Law is required Subjects English, Law of Contract Agency, Singapore include Accounting Finance, Law of Business Law, Commercial Transactions, Real Business, Financial Management Estate Law, Employment Law, Company Secretarial Procedures, Conveyancing Procedures. 2-year graduate entry available UNIVERSITY OF LONDON Singapore Business Law DiDloma in Law This
      334 words
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      Lock icon Page 11 Advertisements Column 2
      405 11 W* I l fl^^r vgi Vtj^^^H rJQGMHIi Knight llAPjjTl Frank fr4 IHl^lll^J Presents... j| Property Exhibition: Private residential estates A 2003 I Royal Samui Beach, Thailand A Ritz Carlton Mnienia Phone: Royal Jimbaran Bay, Bali 7 Raffles Avenue 9368 0167 j Singapore v-, -imnt Freehold Villas from US$ 295,000 M
      405 words
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  • Article, Illustration
    Lock icon FINANCE
    1019 12 Transaction date: Mar 18 1MTERBAMK CROSS BATES AS O tmk tm m it** tm Wm OM 12$ Nfcti Na» S$ —< Sir IT< I* N— HHM 0J77 4.909 0.554 4414 ***** ***** 0.701 7317 2240 1.079 34.203 ***** 1044 4J59 03* ***** 25J92 0377 0392 1140 5.599 0.(34 5.262
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  • Article
    Lock icon COMMODITIES
    1423 12 81COM FUTURES Maris tWKtFK— tSS1(ScMti/kt) 0*t VafaM Mot* m Uw Soft ftin) Apr 03 *125 Sty 03 *125 Jw 03 *5J5 Jul/Sep 03 *525 KS3<lft««bA,) 0P« Mootfc W«b Low Sott (towwf) totorost tar 03 106.25 TWO 03 106.00 2000 Jw 03 104.75 »425 ***** 700 2500 Jul/Sep 03 *****
    1,423 words
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  • WORLD news
    • Article, Illustration
      Lock icon Hollywood investor buys Germany's Kirch unit
      458 13 FRANKFURT The 2b euro deal involves four major television stations in Germany GERMAN BEAM NYT IN a landmark deal that puts a Hollywood investor in control of Germany's biggest commercial broadcaster, the Kirch media group agreed on Monday to sell its television assets to
      NYT; AFP  -  458 words
    • Article
      Lock icon P&G to buy Wella for 6.5b euros
      343 13 CINCINNATI Move allows it to step np competition in Europe with L'Oreal Bloomberg PROCTER Gamble Co, the largest US maker of household goods, has agreed to buy Wella AG, manufacturer of shampoo for hair salons, for 6.5 billion euros (5512.2 billion), adding a
      Bloomberg  -  343 words
    • Article
      Lock icon High credit default leads to Spiegel bankruptcy filing
      442 13 NEW YORK Default rate estimated at 17-20% of all credit card receivables NYT IN 1871, the Great Chicago Fire destroyed the first Spiegel furniture warehouse, but by 1885, business was racing along again, and the founder, Joseph Spiegel, started offering credit to
      NYT  -  442 words
    • Article
      Lock icon Japan govt panel for merger of three debt-ridden oil firms
      374 13 mTOKYO Reuters THREE units of debt-ridden state-owned Japan National Oil Corp (JNOC) should be integrated to create a profitable oil exploration company, a government panel said yesterday. The committee, under the Ministry of Economy, Trade and Industry (Meti), said Inpex
      Reuters  -  374 words
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      Lock icon Post-war economies could still be hit by weak growth
      449 14 PARIS War could throw euro zone into recession: European Commission AFP DESPITE forecasts of a global economic rebound once the issue of war in Iraq is settled, growth could remain weak, the European Commission said on Monday. The war could throw
      AFP; REUTERS  -  449 words
    • Article
      Lock icon Japan slaps penally on Citigroup affiliate Nikko Salomon
      282 14 Reuters [TOKYO] Japan suspended a Tokyo investment bank affiliate of Citigroup Inc from stock trading for a month yesterday, part of a crackdown on financial firms aimed at shoring up fragile investor confidence. Financial regulators said the Tokyo branch of Citigroup affiliate
      Reuters  -  282 words
    • Article
      Lock icon BP pension fund loses US$5b, has deficit of US$3.4b
      257 14 Bloomberg [LONDON] BP Pic, Europe's second largest oil company, said its pension fund lost US$5 billion last year as slumping stocks cut the value of its assets and costs rose. The London-based company's US$l9.3 bUlion retirement fund had a deficit of
      Bloomberg  -  257 words
    • Article
      Lock icon HSBC sells majority stake in pte equity unit
      271 14 LONDON Reuters Bloomberg HSBC Holdings sold a majority stake in its European private equity business to the unit's management, the global banking giant said yesterday. The bank said the sale was a bid to increase its investment flexibility in volatile markets. HSBC
      Reuters; Bloomberg  -  271 words
    • WORLDWatch
      • Article
        Lock icon Norway's top two banks to merge
        71 14 AFP [OSLO] Norway's largest and second largest banks yesterday said they would merge, creating the sixth largest financial services group in the Nordic region. Banking market leader Den norske Bank (Dnß) and Gjensidige NOR said the operation was a "merger of equals". The new
        AFP  -  71 words
      • Article
        Lock icon Gateway to fire 1,900 workers
        86 14 Bloomberg [POWAY, California] Gateway, the PC maker whose shares have fallen 97 per cent from their 1999 peak, will fire 1,900 workers and close 80 stores to cut costs after a two-year slump in demand for PCs. Shutting almost a third of its stores and
        Bloomberg  -  86 words
      • Article
        Lock icon Applied Materials to out 2,000 jobs
        74 14 Reuters [NEW YORK] Applied Materials, responding to the severe slump in demand for microchip-making equipment will cut 2,oooJobs, or 14 per cent of its staff, in its its second major round of layoffs in five months, the company said on Monday. The world's dominant
        Reuters  -  74 words
    • Article
      Lock icon Little evidence that globalisation helps poor nations: IMF
      429 16 WASHINGTON Economic integration may actually increase risk of financial crisis in developing world Reuters THE International Monetary Fund sounded more like its critics on Monday when the fund admitted that there is Uttle evidence globalisation is helping poor countries. The IMF, which
      Reuters  -  429 words
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  • Article
    Lock icon STOCKS ASIA
    4677 15 Transaction date: Mar 18 for more, go to immuumaorienmarketsjcorti HONGKONG v*< HMmri.... 113 003 155 MRS W- '000 Hong Kong Electric 30 50 unch 2704 Hongkong Chinese 061 001 5b Alpha General 0 21 unch 56 Hongkong Chinese Ltd .0.(1 001 56 AnandaWmgOn 0.01 imch 0 Hopewell Holdings
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    Lock icon KLSE
    2264 15 Transaction date: Mar 18 KUALA LUMPUR 4NMve f" u_i FS6M 1 SO unch B w rna i FW Industries A16 unch 0 Gadana &M 0.11 1 A&M Realty 070 unch 0 HJ 2 m 12 H Atone 064 002 75 A73 002 ACP Industries 209 0.01 18 5 enef
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    Lock icon SGX
    757 15 Transaction date: Mar 18 rnmAmmm 1 O— o—t tmAtmm 1 O— Oil CMC 048 3640 *0 040 NM5«MI 50c 0*3 2 S20 *0120 CjpAaLand 122 1.110 *0040 OOC 9 16 «950 *0350 ChvlSanaCbnd26c OK 0660 *0*25 OUC 056 5750 *0050 Q«Dcv50c 1*5 17*0 *0160 Wcwy H 2Sc (MO 0
    757 words
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    Lock icon BONDS & WARRANTS
    502 15 BONDS WARRANTS Last Vol Con b« Mk GMr-'ltthl C»1HM| Vat* «-o» COOO) titw met mg Utl ASTIW*****1 17.5 1 16 168 0 71 15 AonaLtdWD***** 45 1 50 808 133 20 Amtek W*****0 55 15 67 1 33 4 1.54 27 Armstrong W*****0 05 1 10 91 11.00 14 Boustead
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  • Article
    Lock icon SGX MAINBOARD
    5381 16 Transaction date: Mar 18 for live prices, log on to wwwxisixwnernarketsjoom 52-Wk la* Vat Day laatQMta Gtflto M* 6fTM MM MCjb M* I— Ci—mt Sato W- rwm t— tmm Safcr Cm HI Hi ABNAmroNLG 56c 12 14 13U 20.5 t ACE Dynamio20c 11.5 11.5 14.5 0.7 1.1 19-2
    5,381 words
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    Lock icon SGX XTRANET
    60 16 SI* 1st Vat Day 110—i Grtt» Mr SUM MM MCja l—i 1— itta w- rmm U» **m tdhr Cw HI sJj ***** 89 Dianon* US«7«OaJ *900 2700 ISDJUSTW* US3740 555 555 ISMSdSpore USS55 ***** 8200 ISSAP500 0«70 ***** 8290 SPOW US82S0cd 1805 1230 snrrnoo 12* u uk n»
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    Lock icon SGX SESDAQ
    1426 16 a-M IM Day IIQati CfOto M* GrVW MM MCaa ■»U» Cl III11| M» W- rw> —I I— Pager »*I Cw M fcJ 22 75 AMHUgiSc *05 11 I I 1?i 145 IS ATOilSc 175 unch 20 175 175 17 1«-S 27 24 7.7 64 154 56 10 A5
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    Lock icon CLOB INTERNATIONAL
    302 16 tt-Wk IM VW tar lat«M CiOte Mr 6>tW Mt MCap U» C H*» nm U» 8»wr Sdhr Cw rm imt Its 81 AVJmraA2Sc A97.S *1 30 97.5 97 5 98 995 40 3.4 103 5.7 2093 CjtfiayPaclOc HIC720 265 2 1 7 4 6 243(62 OwungfcongSOc HK17» 240
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  • Page 16 Miscellaneous
    • Miscellaneous
      Lock icon Page 16 Miscellaneous Column 1
      348 16 CRYPTIC CROSSWORD ACROSS 1 Drove one mad, it's so n p B H" 1 pip I mawkish (11) Lettuce hard to beat (4) J f 10 Angered kids wrecked BV—JHL—JIH— bookstand (7-4) II 11 The highlight of the Nativity 14 Read one novel in school (7) SBHh |H 16 Doctor
      348 words
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  • BT motoring
    • Article, Illustration
      Lock icon Export-processing zones for cars kick off next month
      642 17  -  LTA scheme will benefit car owners and dealers, reports Christopher Tan Christopher Tan FOR a country that doesn't make a single car, Singapore is becoming a significant car exporter. So much so that the government is setting up three "export-pro-cessing zones" or
      642 words
    • Article, Illustration
      Lock icon Burnt Accord: model being recalled
      520 17  -  It has electrical problem that could lead to short circuit All reports by Christopher Tan THE new Honda Accord that burst into flames last week was of a model being recalled by the manufacturer to fix an electrical problem that could lead to a short
      FILE PHOTO  -  520 words
    • Article
      Lock icon Fines for not declaring defects
      346 17 IT'S official. As of Monday, vehicle manufacturers and dealers must declare all safety-related defects here, or face stiff penalties. BT understands that the Land Transport Authority will be meeting motor traders later this month to explain the new law, its requirements, and penalties for non-compliance.
      346 words
    • Article
      Lock icon New COE quota details this week
      281 17 THE government is expected to release details of the next COE supply quota this week. The current quota ends with the tender ending today. There is no hint on what the fresh quota will be like, but based on known data, it is likely
      281 words
    • BUMPER to BUMPER
      • Article
        Lock icon Mitsubishi to make vans for Nissan
        77 17 MITSUBISHI Motors has agreed to make commercial mini-vehicles for rival Nissan Motors from later this year, AFP reported. Nissan is to buy some 20,000 mini-trucks and vans a year from Mitsubishi starting from October. They will be rebadged Nissan. This is the first such
        77 words
      • Article
        Lock icon Recalls by Saab, Mitsubishi
        94 17 GENERAL Motors' Saab unit has recalled 236,000 sedans sold worldwide to replace corroded wheels, and Mitsubishi Motors is taking back 31,000 Outlander sport-utility vehicles sold in the US to fix accelerators, Bloomberg said. The US National Highway Traffic Safety Administration said the 2003 model Outlanders will
        94 words
      • Article
        Lock icon Daimler buys into Mitsubishi unit
        100 17 DAIMLERCHRYSLER has paid some 710 million euros (Ssl .3 billion) for a 43 per cent stake in the truck unit of Mitsubishi Motors, Reuters reported. Hie purchase of the stake, which had been planned as part of DaimlerChrysler's longstanding cooperation with Mitsubishi, would give the
        100 words
      • Article
        Lock icon Toyota to expand US parts unit
        101 17 TOYOTA Motor plans to expand a US subsidiary that makes aluminium parts for its vehicles to keep pace with rising production in the US, Canada and Mexico, Bloomberg reported. Bodine Aluminum, set up in 1990 to supply engine parts for Camry sedans built at
        101 words
      • Article
        Lock icon Hyundai in JV with DaimlerChrysler
        88 17  -  Compiled by Christopher Tan HYUNDAI Motor will soon launch a 50:50 commercial vehicle joint venture with DaimlerChrysler capitalised at 106.1 billion won (5)151.3 million), reported Reuters. Hyundai, 10 per cent owned by DaimlerChrysler, said last year that it expected the joint venture to be launched
        88 words
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      14 17 For the latest open market value rates of passenger cars, go to 2 oMV^sp
      14 words
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      Lock icon Page 17 Advertisements Column 2
      118 17 ANNOUNCES A WHOLE NEW CHANGE EFFECTIVE 30 MARCH 2003 DEPARTURE FROM SINGAPORE TO (destination I flight I days of Ideparturel arrival NUMBER DEPARTURE LOCAL TIME LOCAL TIME CHENNAI AI4OI DAILY 1955 2115 HYDERABAD *AI 6478 MON/WED/FRI/SUN 2115 2320 A 1473 THU/SAT 1440 1640 MUMBAI At 401 MON/WED/FRBAT 1955 0005 NEXT
      118 words
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      Lock icon Page 17 Advertisements Column 3
      59 17 A heart-warming gift from JOBIN Studio Line Swiss-made Music Boxes of precision craftsmanship Serenade your love with everlasting value IMkML JK" i//< Jo 25% tyiMxmnt Jof tftepo/vmp /M-free Hotline7\ V^lBoo-800-2337^/ JOBIN STUDIO LINE No. 23 Ann Siang Road, Singapore *****3 Trmde Enquiries TtAOItIONAt A»IS AND CtAfTS f Open from 11
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  • PERSONAL finance
    • Article, Illustration
      Lock icon Know your credit derivatives
      984 18  -  Simply put, such instruments are a means of transferring credit risks between two parties. Slow Li Sen outlines their potential for the Asian market Siow Li Sen CREDIT derivatives are increasingly making their way into the mainstream, yet most bankers have problems understanding these financial instruments.
      Source: JP Morgan Credit Research (2002 is as of Dec 16 '02)  -  984 words
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      234 18 V v iM B— Mij y J| I #J F Jit— _p j k I Between I or protection and investment. You can achieve anything you want with the right balance. on your core needs. INSPIRE is flexible and offers a core investment AX/Vs UfeStyle Financial Planning helps you build,
      234 words
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      Lock icon Page 18 Advertisements Column 2
      164 18 Business Package t mbd ummJ Jmme it. 2—3 Inclusive of: Early check in 8:00 am and Late check out 5:00 p.m.* Complimentary daily International breakfast at JP Bistro Free shuttle from Airport (starting from Deluxe Room) Complimentary transportation from Hotel to local Office (CBD area only) Complimentary daily coffee/ tea
      164 words
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  • PERSONAL investment
    • Article
      Lock icon Buying activity hits a six-week high
      980 19  -  markets Sellers stay on the sidelines with fewer disposals of lower value By Robert Halili BUYING activity was higher in the last five trading days, continuing a trend that has been evident for the past six weeks. Last week's buying saw a total of
      980 words
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      62 19 A. Ik. y°*4N^^r experience J^m 19 l\i v Jm j^Kdpiji s£ w |H Lunch above 2 Courses [Starter Main Course the rest with or ain course Dessert] exquisite Ss38 per person Modern French U rade t0 3 Courses for an additional cuisine. S$7 per person For reservations, please call *****156
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      1948 19 a CEI CONTRACT MANUFACTURING LIMITED v I (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of CEI CONTRACT MANUFACTURING LIMITED ("the Company") will be held at Raffles City Convention Centre, Moor Morrison Rooms (Level 4), 2 Stamford
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  • EXECUTIVEmoney
    • Article, Illustration
      Lock icon Making sense
      1071 20  -  Understanding the Black-Scholes option pricing model is not as difficult as you think if you spend some time studying it R Slvanlthy explains R Sivanithy YOU might have heard of the BlackScholes (B-S) option pricing model but do you understand it? For sure, anyone looking at the formula
      AFP  -  1,071 words
    • Article
      Lock icon Asia and Europe bourses seen beating US market
      606 20  -  Byi Genevieve Cua EQUITY markets are likely to move sideways over the next year or two although some markets, like Europe and Asia, are set to perform better than the US, says Morley Fund Management's global chief investment officer Gerald Holtham. Mr
      606 words
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      217 20 —-7-— r ""r V I r-'Q' NOKIA ->v m Sfe I .1. W Connecting People I The new Nokia 8910 i epitomises prestige in its most alluring form. Along with its unique titanium case, it now comes with a high-resolution colour display and the latest MMS capabilities. A refinement that
      217 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      267 21 Reuters THE Baltic Dry Index rose 30 points to 1863, the Baltic Capesize Index rose 46 points to 2548, the Baltic Panamax Index rose 17 points to 1789 and the Baltic Handymax Index rose 236 points to *****. TIME-CHARTER: Mineral Ordaz (built 1997) 171,565 dwt delivery Sines 24/26
      Reuters  -  267 words
    • Article
      Lock icon MARITIME STOCKS
      269 21 MX '000 MarM *h »W CWT Distribution 0.59 -0.02 5 Chuan Hup. 0.40 0.01 467 CM Offshore 0.18 unch 488 Cosco Investr.ient 0.19 0.01 110 Freight Links 0.03 unch 0 GB Holdings 0.58 unch 4 JayeHotdinqs 0.28 -0.01 1156 Keppel Corp 4.14 0.12 1887 K1 Venture 0.15 0.01
      269 words
    • Article
      Lock icon Shipping lines wary of possible huge cruise claims
      694 21  -  Some call for lowered cap on the payout liabilities of P&I Clubs By\ Beth Jinks [SINGAPORE] Singapore's shipping community has warned against ratifying the 2002 changes to the Athens Convention, due to the "disproportionate exposure" of cargo vessel owners to potentially enormous
      694 words
    • Article, Illustration
      Lock icon Shipping rules near Iraq waters tightened up
      465 21  -  Vessels may be queried or boarded by multinational naval units By: Donald Urquhart [SINGAPORE] Strict requirements on shipping entering the northern Persian Gulf continue to be rigidly enforced by coalition warships as the threat of a USled war on Iraq draws closer. The
      AP  -  465 words
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      Lock icon P&O and merger partner Carnival see weak bookings amid war clouds
      384 21 Reuters [LONDON] US cruise giant Carnival Corp and its willing takeover target, Britain's P&O Princess Cruises pic, said on Monday that bookings had weakened as the world braced for war in the Middle East. Carnival, which ended a 15-month
      Reuters  -  384 words
    • Article
      Lock icon RCL's new Chennai foray upsets BTL
      434 21  -  Incumbent accuses it of'stepping on toes'of specialists By: Beth Jinks [SINGAPORE] Thai-listed feeder Regional Container Lines' (RCL) latest foray into the Singapore-Chennai trade is "stepping on the toes" and territories of specialist operators, according to Bengal Tiger Line (BTL). Run in collaboration with Samudera
      434 words
    • Article
      Lock icon NZ seizes P&O ship with rusty hull
      195 21 AP [WELLINGTON] New Zealand's maritime authorities said on Monday they impounded a cruise ship because safety inspectors found serious rust in its hull, following reports that flooding in parts of the vessel forced an abrupt end to a voyage. The New Zealand Maritime
      AP  -  195 words
    • Article, Illustration
      Lock icon A time for shipping vigilance
      582 22 STRAIT TALE UNLESS events take an unexpected turn, the chances are likely that a war will be raging in Iraq by the end of this week. In one sense the outbreak of hostilities will have little direct impact on shipping. Nobody expects a re-run of
      AFP  -  582 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      206 22 Mlit Avant 8 B'tang Mas 5 BSA 6 BSC 8 BTL 8 Cargoways 8 CMACGM 3 COSCO 3 Chahaya 8 China Shpg 5 Confer 8 Cougar 5 CWT Globelink ...6 Delmas 4 Dongnama 3 EP Carriers 8 ECL 3 Eng Lee 8 ESP Lines 9 FoongSun 5
      206 words
    • Article
      Lock icon SHIPPING GUIDE
      10617 26 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN OesTn Name Name Number Number SIN Desfn Name Name Number Number To BELLBAY (BEB) 2048 Australia To ABIDJAN (ABJ) 2003 Cot* D'lvoire »/03 u/04 mol sam ratulangi pb* 0055 *****004(4 24/03 20/04 MOL
      10,617 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        611 29 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL APOLLO SATU 0214 J14 A/SIDE 19/03 0800 BAYSWATER118 E3061 J3 A/SIDE 19/03 0100 BTSEJAT1 MAR 18 J1 A/SIDE 19/03 0200 BT SURIATt 4 *****3 J1 A/SIDE 19/03 0300 EMPRESS LILY 0203 J16 A/SIDE 19/03 1400 EVERISEGLORY 73 J12 A/SIDE
        611 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1777 29 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Btfc Berthing IM- Berth Name Voy Voy seq berthing Nnabr ABU DHABI C234W C234W 1 22Q***** 1900 2303/2003-0700 ACXULAC 050N 050N 1 22/********** 23/03/2003-03:00 ACX MAGNOLIA 061S 061S 1 2003/2003-0200 **********30 T01 AJUNAOA M 06E 06E 1 *****003-0030 2003/2003 2330
        1,777 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        144 29 Marlt Malta: Feast of St Joseph Mar 21 Japan: Vernal Equinox Day Mar 25 Cyprus: Independence Day Greece: Independence Day Mar M Australia: Australia Day Mar 27 Australia: Aust Day Hold ■far 29 Taiwan: Youth Day Mar 31 Malta: Freedom Day Apr 5 Hong Kong: Ching Ming Fest
        144 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        760 29 THIS report, compiled by Cockett Marine 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        760 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        464 29 Carta* NO Max 9902 OS 14.9 0.07 55 043 Mar 13 Dm*t Water Mta UMmMmMwat H*atawE2S 0 0 0 0 0 0 r %MW 300 AW 904.7 02 145 045 19 042 Um, 380 Max 9914 0.9 ttJ 0.07 M 0.05 "W %M/li %l» WM —aw*
        464 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon War coming at 'worst time' for international airlines
        523 30 Carriers just finding their footing after 9/11, process could be derailed AFP [GENEVA] Airlines warned that their gradual recovery from the Sept 11 attacks could be one of the first casualties of a conflict in Iraq, as the war drums beat louder
        AFP  -  523 words
      • Article
        Lock icon 2002 saw fewer air crashes but more deaths
        169 30 AFP [MONTREAL] Fewer plane crashes occurred in 2002 but the number of fatal victims rose, the International Civil Aviation Organisation (ICAO) said on Monday in a statement on air transport security. Some 33 planes of 2.25 tonnes and above crashed last year,
        AFP  -  169 words
      • Article, Illustration
        Lock icon JAL denies allowing sick pilots to fly
        98 30 [TOKYO] Jetliners from Japan's top air carrier Japan Airlines on the tarmac at Tokyo International Airport at Haneda. It was reported last week that Asia's largest carrier JAL is facing a multi-million dollar lawsuit, filed in December 2002 in California, over allegations that
        AFP  -  98 words
      • Article, Illustration
        Lock icon US Airways wins creditor approval for its bankruptcy plan
        422 30 Move gives airline a chance to come ont of Chapter 11 Bloomberg [ALEXANDRIA, Virginia] US Airways Group Inc, the bankrupt airline trying to avoid liquidation, said more than 80 per cent of its creditors have approved its plan to reorganise and
        Bloomberg; REUTERS  -  422 words
      • Article
        Lock icon Austrian Airlines Feb passenger traffic up 15%
        102 30 Bloomberg [VIENNA] Austrian Airlines Group's scheduled passenger traffic rose 15 per cent in February from a year earlier, when air travel was slowed in the wake of the Sept 11 terrorist attacks. The passenger count on the group's scheduled flights fell 2.4 per
        Bloomberg  -  102 words
      • Article, Illustration
        Lock icon Qantas forces more workers to take leave
        396 30 Move will cut the equivalent of 1,000 extra jobs as war nears Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's largest airline, will cut the equivalent of 1,000 extra jobs by forcing more workers to take vacation because the risk of an imminent war in
        Bloomberg  -  396 words
      • Article
        Lock icon Korean Air to cut 29 flights to US and Europe
        304 30 Bloomberg [SEOUL] Korean Air Co, the nation's largest carrier, will cut 29 flights to the US and Europe because a war against Iraq may discourage people from travelling to these two regions. The flight reductions will start today and last
        Bloomberg  -  304 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1732 30 an fueht n* ruem n» umu tut on im uam m» 2M0 S07J0 aw LK77I *50 LHT7M 2350 W4S78 1650 SOH 2S0 «g *M una zuo MM07 K50 um, 2JM •JJ5 JJ2 «*no* *25 W4578 in* u 3 ®5 oft «?5 sanot vm tmum* umn mo
        1,732 words
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      765 22 I TO USA/CANADA I I EXPORT I 1 OTHER DESTINATIONS I VBSa VOTI PtG IflA Swj LOMG KACH PAUAS HOUSTON I MMHtS I OtCAGO I KW TOM TO AUSTRALIA (AUSTRALIA ASM EXPRESS) OOQ UIJfOWIU iff 12 11/03 11*3 M/M 01/ M 11*4 01*4 01*4 17*4 H VOT (TASK PIG —F»T~i
      765 words
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      97 22 WORLDGATE EXPRESS UNES PTE LTD 5 180, CacM Straat, lIHMt, Bangkok Bank BuHdbig, S'po*» moan Tel: *****911 Fax: *****073&*****63 Email: wgate@mbox2.singnet.com.Bg WEBSITE: http://www worldgate com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS SOUTH-CAST ASIA SM Mft CASf 91 MMAN SOKDNT «T~ roiimjutG/fomtG a/D3 hong KONG/CHMA nW coum«o n/u~ IMWWtmu
      97 words
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      658 22 Lines services represented by Cd Members of the Registry of AccrK >a d Shipping Agents, Singapore Shipping Associdwn Members of Singapore Logistics Association ULYUNE-MAU /vma voy eu in eu MMjjt ffg Moid Comer 737 A 23/03 25/03 03/04 Princess Lily 0303 03/04 05/04 14/04 Mold Star 538 A 13/04 15/04
      658 words
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      1065 23 TO EUROPE FROM EUROPE w 1 91 BIMI HAM tv SOU la VtSSB WOT IT* AM HAM MV SOU UN SM 'IIW 30/03 09/04 11/0407/04 API AGAR TTu M/J2 00/B 10/B S/W MOl ADVANTAGE 014W 23/03 07/04 09/04 11/04 12/04 MM KW9COO JIB 01/03 03/03 05/03 27/0? 22/03 meWHIHIOM 312W
      1,065 words
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      1176 23 DIRECT CALL TO 4^l *HliM HWI HM4I 10-11 DATS I w« inu (tM«p iio« I c^iusHlmNfimlTS -sssp n ccr*(m G {i unL «ST tAI »?msjVj/;5 I (iOKIAI) vk .15 fljjfs *a»,m»M —MO, ggg jmsjjvjj NNMKWQ .15 SSs WLiMMti/t «■—wit S&oiq tntn« TWg SAMSS WfflOT J «6 sm qm m mi
      1,176 words
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      610 23 [ftssa I nor lanl re 1 raj Imilhc m kth |sm| wo vessb voy sm jkt hk6 dw hk rb 1 niSi 3 ISISM IS? IS?M j£ 1 iYAIHi-I WT^ a/3""31^""z/T |TH I W W 1/4 111/4 11V411V41 17/4 I H/4119/4 I >ff WP*'mGgS 05C 24/3 »/3 3/4 4/4 7/4
      610 words
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      841 24 HMK¥= HYUNDAI MERCHANT MARINE CO., LTD. Hwipqi: wwwJ—2l.t— CH MO. **********0H Ivcsa VOT |SM SOU UN HM MfT HM MV [yrafi VOT SOU W| IT* IMnI HM I Htv lUI NT NKMNESS 342W 10/03 01/04 74/01 It/01 30/01 HYFBOUI Mil 71/01 21/01 14/01 74/01 IS/07 API IRELAND 10IW 13/03 30/03
      841 words
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      1485 24 WAN HAI NTONATIONAL PIE LTD a m lunnoooo/t WiWAN HAI LINES V »«:W)BM*nni:|P)BMßl9«a:|Ul)Jm4»Ml:|ni)]mn4/l>?l]e WWW.Wf»fc«i.{•«.»■ "«:«n)J»4»«WL(B1)S»OIIWI«;m*»/714»l HUM* Mb* Iwwl wi m w wm m no w» wh wo m Kenarm t m im w nwr tttwj thttu —wrur ii/B ttw Imnmis n htv iMi ?i« Tiwo TV® vm nm h/b oi/w
      1,485 words
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      548 24 m satire* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POINTS rasa vot mi rmw am—o itaga anoto mmwahhub tiw \im nm am ami ttm IQjgg MIW »mt HIM 30nu nm tsm nwHMDH mm 3IMAI nm mm mm nm ipurawu wn vm mm am itw rnw
      548 words
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      915 25 [VUSn. VOY KHH HKO I«N I W DX» W PMM MC M.V. UNDAVIA KL 303 11/03 19/03 22/03 23/03 30/03 31/03 M/ 04 10/04 MAN KIRAAAN KL 304 25/03 26/03 39/03 30/03 07/04 01/04 15/04 17/04 RAM ISFAHAN KL 305 01/04 02/04 05/04 06/04 13/04 14/04 20/04 22/04 WAN HOftMOZOAN
      915 words
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      438 25 UK CONTINENT SERVICE Loadng tor OCEAN ISLAND RDM/ATW/BMN/UK/NAN Loada Singapore. E7W Mataywa. todoneaw MIDDLE-EAST SERVICE Loading for ATHMA DBI/ABU/DOH/BRN/DMM/KWT ASEAN GLORY ADN/HDQ/JOH/AQA V IPIROS HELLAS DBI/ABU/DOH/BRN/DMM/KWT •Loatte Sngapore. E7W Malaysia Mdonaaa USA SERVICE LoacOngtor PAPAYIANMS VCW/LAX/MZL YOU SHENG CAM/NFK/SAV/NOL *Load» E/W. MatayMa. Indoneaa F.E./S.E.A. SERVICES Spore Loadngtor LUCKY STAR INOBSN
      438 words
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      822 25 vb» m m cat ma m m m*»m fflz* hzm mzi -JMJMJ zm 20/03 22/03 _«£Ja®a mm 20/03 ?)/03 ntma un nzu a/u rxwt MM 22£3 22/03 _MLUU 2234 >7/1 M/t3 wioi a/M M/M mcomiam 91* 31/03 03/04 jtutm mm M/m 7S/M MCIAMPA «l» 24/03 27/03 WHM 27/03 it/03 VBSa
      822 words
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      322 26 v«i jjj Tap Kkw lhA M«nl Kant M4w» Asir C226E" 22/03 03/04 09/04 10/04 Asir C226E" 22/03 15/04 25/04 27/04 29/04 Asil C226E" ***** ~2T754 TST7ST "***** ***** Polmos Senator 946E" 31/03 15/04 25/04 27/04 29/04 Potmos Senator 946E" 31/03 21/04 01/05 W53 04/05 946E" 3T703 17/04 ~~*****~ ~*****~ IBN
      322 words
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      162 26 BREAK-BULK VESSELS TO COlOttO MUMBAI COLOMBO EMPtiSS 21 MARCH PA-a 27 MARCH —Mil BOMBAY 21 MARCH TOM KAVTUR 27 MARCH IKW-6 HHYTUR "S ESP LINES WW WKKIYIQ SUVKI TO LAGOS rasa SAUNG EVHY THURSDAY LOA—G EVERT WHO AT RgPB BOTHPAtR. CONVDmONAL/BKAKMIIK SfIVKE nASIN 10AD4MG K)t MV'IW" 13/04/7003 OUtAJ QAMMAM STORE
      162 words
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      199 26 45r» CWT GLOBEUNK PTE LTD O«M* Officii m TEL.*****833 (36 LIMES) FAX:*****742 m SYONCYHfI.BOU*NfrfHAHGFO*T KCLAMGFASM GUDANG-KUCHING BANGKOK KAKACHI BOMBAY Of LHI COLOMBO HO CHI fcMNM CITY HAIPHONGHANOI BMMN HAUBUBG TIANJIN QINGDAO SHANGHAI-XIAMIN FU/HOU-DALIAN XIAN-BIIJINGSHI JIA ZHUAHG DIRECT SAILING TO EASTISOUTH AFRICA MOMBASA DURBAN /y JOHANNESBURG Jf J —I CAPETOWN //Tv
      199 words
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      249 26 BSfl n MYANMA FIVE star une "KiW VBsa VOT SM m ra ku OW SHWt HAW SOW SID PAGAN VJO4W Slf M MAIATSIA OOtfSTUO SMPPM6 MOCKS KNL 01-*****300 ftL 03-117*4101 PBfc M-MIIOM BANK LINE (A sorvfco ol iU4*w WM ttjpplg WOKTHiOUNO TO jUHOrT" V aWtUNB, RORO, Mil i HUVYUFTS VIS»
      249 words
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      727 28 nOHSa OMN 24 24/03 0103/04 M-W/W I TIGEI ItlDGf 06/N 2171/03 04 04/04 II 12/04 I neasHAM 04M 0102/04 ono/04 is 14/04 I neasrr otw 0405/04 1113/04 iiii/m I TICaSU^^^O7OJIOMVM^^I^I7/04^^2rm4| juisAM ill rrrT7s3 zsWw 0404/04 I TKasmn 044 2124/03 3102/04 1111/04 I OM 103 27 21/03 010V04 13-14/04 I _TKartOW
      727 words
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      822 28 ISmSS VOT SMGAPORf PORTRHANG ONTttOOWG RON6U ru ru no ru no ru no QCLAtR 01NQ44 THU 20/03 21/03 22/03 25/03 29/03 QtHOMOUt 07N057 Ftl 21/03 22/03 23/03 26/03 30/03 PC OMSWT 06N041 SAT 7? 23/03 24/03 20/03 31/03 (XTtAI 01N137 THU 27/03 20/03 20/03 41 04 04/IH IkW SIA STAR
      822 words
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      1051 28 I Ifb IPDZ LINES sF=s.*Bn«s&.| I r CUSNMB S««: IB: 02-4221-5594 HUL 02-4227-01 M —SMGAPOtt: TONG JOO SMPPMG PIIITD fa* I ||IUKAMSS Ml 10/03 GWENG )M1 21/13 V.MKMNG MOt|7l/W ONOO 3003 77/03 cmamti OB 21 *MM |m W "H7H" GtSWK 3009 23/03 S.MUM Mil 7S/03 OnuT Sti "»7m gkiahc "S5~
      1,051 words
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      258 28 WBBffIBBBH BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI Ivtssa yoTfcg tn smupom nmm [OHMwh—H lia» 31/BVB3 H/H93 SEA-PAC MANAGEMENT PTE. LIP. 70 Anon Rood *17-07/0* Apax Tow, Sangapora *****5 Tataphan*: 6270 0977 vl FocsimA*: 6275 2309 Talwc RS ***** SUMC DNttCT «W I4AMPO, KOREA Ivtssa wim msmunu
      258 words
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  • Page 29 Miscellaneous
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      133 29 I FOR 7AM 19 Mar 2003 n gL Hap*- > X .ji i^ Z-— Issued by Meteorological Service Division,NEA LEGEND: R Thunderstom Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds R a in 1 One half fleche represents 5 knots Cloudy Day
      133 words
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