The Business Times, 21 March 2003
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2003-03-21
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The Business Times
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Title Section20 2003-03-21 1 THE BUSINESS TIMES MtTA (P) 024/03/2003 I internet: http://business-times.asial.com.sg SINGAPORE i fc jifSSTlTii'i i BITI ""i FRIDAY, MARCH 21, 200320 words
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Article, Illustration927 2003-03-21 1 Larry Wee - Oil prices surge on news of Iraqi oil wells inflames By. Larry Wee [SINGAPORE] Asian stock markets jumped yesterday despite warnings of a possibly protracted war in Iraq by US President George Bush soon after the first missiles hit Baghdad. Oil prices too, slumped,Source: Reuters - 927 words
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Article, Illustration465 2003-03-21 1 R Sivanithy - By\ R Sivanithy [SINGAPORE] Bank stocks continued to rebound yesterday as investors brushed aside the start of war in Iraq to send the Straits Times Index above 1,300 points for the first time since Feb 25. Boosted by OCBC's surprise declaration of aAP - 465 words
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522 2003-03-21 1 Wong Wei Kong - But it's not clear if promises made by agents bat not in policy will be kept By' Wong Wei Kong [SINGAPORE] Insurance giant AIA finally broke its silence on the "critical year" controversy yesterday and said it would honour its obligations522 words
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Advertisement10 2003-03-21 1 For those with instinct. W' Wmmy' \vl^35*^ r- if.* "v10 words
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WAR IN IRAQ
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851 2003-03-21 2 Loh Hui Yin, Tang Weng Fai - Demand pick-np a boon for oil firms as margins swell np to US$4 a barrel By Loh Hui Yin, Tang Weng Fai [SINGAPORE] As the Singapore economy counts the potential fallout from the war on Iraq, at least one sector the oil industry is851 words
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582 2003-03-21 2 Kalpana Rashiwala - 12 parties shrug off start of war to contest in govt sale By\ Kalpana Rashiwala [SINGAPORE] The start of war in Iraq yesterday had little impact on developers —12 of them marched to the Singapore Land Authority's office at Temasek Tower to582 words
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WARBriefs
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114 2003-03-21 2 AFP, Reuters [BAGHDAD] US air strikes on Iraq yesterday killed one civilian and wounded several others, Iraqi Information Minister Mohamed Saeed al-Sahhaf said. He said the civilian killed had been near the Rotba crossing on the Jordanian border in the west ofAFP,; Reuters - 114 words
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Article114 2003-03-21 2 Reuters [LONDON! A wave of anti war protests began to roll across Europe and the Middle East yesterday after the opening salvos of the war against Iraq sparked angry demonstrations in Asia and Australia. Barely three hours after the first US missiles struck Baghdad, a crowdReuters - 114 words
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25 2003-03-21 2 AFP [PARIS] French Foreign Minister Dominique de Villepin yesterday called for an international peace conference on the Middle East. —AFPAFP - 25 words
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Article27 2003-03-21 2 Reuters [KUWAIT] Kuwait's stock market, the Arab world's second largest, will not trade for an indefinite period, the Kuwait News Agency reported. ReutersReuters - 27 words
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Article79 2003-03-21 2 Reuters [SYDNEY] Hundreds of millions of dollars of Australian farm exports have been hit by the war against Iraq, and trade disruption is set to increase the longer the conflict persists, industry officials said. Already two Australian ships carrying 100,000 tonnes of wheat to Iraq haveReuters - 79 words
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42 2003-03-21 2 AP [KUALA LUMPUR] Malaysia stepped up security at foreign embassies, tourist spots and at the site of this weekend's Malaysian Grand Prix after the US-led coalition began its war on Iraq, police and officials said yesterday.—APAP - 42 words
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615 2003-03-21 2 Iraq exports nnder UN oil-for-food programme dwindle t§ a trickle NYT, AP, Reuters [NEW YORK] Even before the US hit selected targets in Baghdad yesterday, disruptions of oil supplies and shipments from the Persian Gulf appeared to have already begun, according to industry experts.NYT,; AP,; Reuters - 615 words
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341 2003-03-21 2 Vince Chong - By Vince Chong [SINGAPORE] Global hospitality chain Millennium Copthorne (M&C) Hotels has put all refurbishment spending on hold because of uncertainty caused by the Iraq war. Sources told BT M&C had planned to start sprucing up its five-star Seoul Hilton, which it341 words
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Article, Illustration62 2003-03-21 2 AFP [JOHANNESBURG] Cricket's World Cup final will go ahead as planned here on Sunday despite the opening of hostilities in Iraq, a tournament spokesman told AFP yesterday. However, the match will take place against a background of heightened security with more police on dutyAFP - 62 words
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223 2003-03-21 2 AFP [HOLLYWOOD] The spectre of war in Iraq is threatening to cost hundreds of millions of US dollars in Oscars-generated revenue from services ranging from coveted advertising time to Botox shots for ageing movie stars. Just days ahead of the scheduledAFP - 223 words
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Article, Illustration128 2003-03-21 2 AFP, Reuters [SEPANG] Michael Schumacher led a chorus of drivers saying the show would go on as the outbreak of war in Iraq cast a pall of gloom over preparations for the Malaysian Grand Prix here. Ferrari ace Schumacher admitted it was hardAFP,; Reuters - 128 words
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Article, Illustration728 2003-03-21 3 David Boey, Serena Ng - Some concern, however, about delayed shipments, and higher shipping and insurance costs By. David Boey, Serena Ng [SINGAPORE] As the war against Iraq unfolded yesterday, local manufacturers and companies expressed some concern over likely hikes in shipping costs and general insurance premiums, asAFP - 728 words
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655 2003-03-21 3 Beth Jinks - They're moving cargo for military use in Mid-East By Beth Jinks [SINGAPORE] Select commercial shipping lines, including Neptune Orient Lines' (NOL) container division APL, are already benefiting from the military build up in the Middle East. They have been carrying extra cargo volumes being655 words
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252 2003-03-21 3 Macabe Keliher - From Macabe Keliher in Taipei WITH war breaking out in Iraq, Taiwan's air carriers have begun re-routing flights to avoid the war zone, raising their operating costs by an estimated NT$lO million (S$508,000) a week. Although this additional cost will have minimal direct252 words
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578 2003-03-21 3 Donald Urquhart - SIA to suspend 65 flights; says it'll help passengers By] Donald Urquhart [SINGAPORE] The global air industry is scrambling to reassure nervous customers, re-route flights, slash frequencies and levy surcharges, as contingency plans swing into action following the outbreak of war in Iraq.578 words
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639 2003-03-21 4 Andrew Marks - Trading mated by Bub's warning that war may be difficult and protracted Frorni Andrew Marks in New York 'BE careful with what you wish for, for you might get it,' goes the old adage. Wall Street will test that old saying, as639 words
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514 2003-03-21 4 Chuang Peck Ming - EYE ON THE ECONOMY Byi Chuang Peck Ming THE waiting is over. At last, the United States has launched military action against Iraq, lifting the months of fog that have hung over the global economy. Oil prices are falling, share514 words
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295 2003-03-21 4 Neil Behrmann - Prom] Neil Behrmann in London BRITISH and European stock markets were relatively subdued at the onset of war. The general hope and belief is that the conflict will be short-lived, but brokers and fund managers still fear the consequences of casualties, destruction and295 words
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513 2003-03-21 4 Turkey allows overflights by US warplanes Reuters, Reuters, AFP, LAT-WP, AP [KUWAIT] The much-antic-ipated awesome display of force predicted by military analysts to stun Iraqi troops and sap their will to fight might still be days away, US officials indicated after yesterday'sReuters,; AFP,; LAT-WP,; AP - 513 words
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Article, Illustration345 2003-03-21 4 AP, AFP, Bloomberg, Xinhua, Reuters War starts 10.30 am Singapore time: US launches selective dawn strikes targeting "very senior" Baghdad leadership. The first missiles hit targets, less than two hours after US President George W Bush's deadline of 0100 GMT (9am Singapore time) yesterday for Iraqi President SaddamAP,; AFP,; Bloomberg,; Xinhua,; Reuters - 345 words
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559 2003-03-21 4 Anthony Rowley - Tokyo boosts security, pledges aid to Iraq's neighbours Prom, Anthony Rowley in lokyo JAPAN yesterday announced a series of measures aimed at boosting national security in the wake of the US-led invasion of Iraq, and also pledged to aid those countries most directly559 words
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Article358 2003-03-21 4 Diana Oon Abdullah - From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S stock market rallied after a shaky start yesterday, finishing in positive territory alongside other regional bourses. The benchmark Kuala Lumpur Composite rose 4.09 points to 632.03, a gain of 0.6 per cent. Market watchers noted358 words
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Article440 2003-03-21 6 4 tonnes of ammonium nitrate traded in palm oil estate AFP [KUALA LUMPUR] In a major breakthrough in the war on terrorism, Malaysian police yesterday announced the discovery of a long-sought cache of bomb-making material destined for use against Western targets in Singapore. Four tonnes ofAFP - 440 words
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295 2003-03-21 6 AFP, AP [WASHINGTON] The United States yesterday issued a global alert to American citizens warning of potential terrorist attacks, including those using biological and chemical weapons, in reprisal for the just-begun war against Iraq. The US global terror alert followed a similar warning issuedAFP,; AP - 295 words
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Article, Illustration196 2003-03-21 6 Reuters [SYDNEY] Police forces around Asia stepped up security at Western embassies, public buildings and some airports yesterday as the United States began its war against Iraq. Pakistan, a key ally of Washington in the "war on terror" but a hotbed of IslamicReuters; REUTERS - 196 words
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159 2003-03-21 6 Reuters [SINGAPORE] Singapore is to step up security around its port, the world's busiest transshipment hub for containers, and its airport as the US led war with Iraq gets underway, the government said yesterday. "Selected maritime and aviation security measures have been strengthened," the MinistryReuters - 159 words
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631 2003-03-21 6 Yang Razali Kassim - War's implications more important, says Tommy Koh By" Yang Razali Kassim TOMMY Koh sounded disappointed that a gathering of senior business executives would rather talk about trade than the war that started yesterday. He offered to change the topic of their forum. But trade631 words
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688 2003-03-21 6 Shoeb Kagda - From I Shoeb Kagda in Jakarta THE British and American embassies in Indonesia went on high alert yesterday as the first bombs fell on Iraq with both missions issuing warnings to their citizens to take extra security precautions and adopt a low688 words
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Advertisement308 2003-03-21 5 tO EVERLASTING S* Trust us for life AAA RATED FINANCIAL STRENGTH An open letter to our policyholders Recently, some of you who purchased policies with a critical year option have expressed concern over the impact of the option to you. Your questions are important and we want to be certain308 words
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Advertisement203 2003-03-21 6 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF DANIVEST PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members of the abovenamed Company will be held at 564 Kyalami Blvd. Kyafami South203 words
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Advertisement189 2003-03-21 6 WOO SING KEE PLASTIC (SINGAPORE) PTK LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 308 of (he Companies Act. Cap. SO. thai the final meeting of the members of the ahovcmcntioned company will he held at I Raffles Place #20-02 (XJB Centre189 words
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Advertisement206 2003-03-21 6 NOTICE Of FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF CYBERCITY HOLDING (BERMUDA) PTE LTD (IN MEMBERS' VOLUNTARY UOUIOATION) NOTICE IS HEREBY GIVEN that the Fnal General Meeting of the members o» the abovenamed Company win be hetd at No 1 Tame—*206 words
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SINGAPORE companies
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206 2003-03-21 7 GOH Chee Wee, the Comfort Group top executive at the centre of a salary controversy last year, is likely to suffer a substantial pay cut in his new job. Mr Goh will be in charge of the Comfort and YellowTop taxi operations206 words
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COMPANYBriefs
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64 2003-03-21 7 Reuters INVESTORS flocked to Oversea-Chinese Banking Corp yesterday after Singapore's third-largest bank unveiled a special dividend, sparking a flurry of broker upgrades and a 7 per cent surge in its share price. The higher payout sent a signal that OCBC could soon speed up itsReuters - 64 words
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Article60 2003-03-21 7 WATERPROOFING and building protection firm Hitchins posted a 14.4 per cent interim net profit growth to $357,000 for the six months ended Dec 31. Revenue fell to $5 million, from $5.5 million in the previous corresponding period. Operating margins improved to 9.3 per cent60 words
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Article43 2003-03-21 7 PRECISION engineering specialist Armstrong Industrial Corporation posted a net profit of $1.4 million for the year ended Dec 31,2002, compared with a loss of $2.4 million in the previous year. Turnover rose 29 per cent to $83.5 million.43 words
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Article41 2003-03-21 7 LC Development reported a net loss of $1.47 million for the half-year ended Dec 31, compared with a loss of $1.78 million in the previous corresponding interim. Turnover, however, rose 18.7 per cent to $42 million.41 words
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Article56 2003-03-21 7 IN a report on aspnetcentre in this column yesterday, we erred in saying that the IT solutions company has announced a dividend 0f242 per cent per share. The dividend was in fact paid on June 26,2002. The company has not declared any further dividend for the year ended 2002.56 words
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Article, Illustration418 2003-03-21 7 Wong Wei Kong - Deal with US studio aims to help Channel i boost its share of market Wong Wei Kong SPH Media Works, the broadcasting arm of Singapore Press Holdings, yesterday announced a multi-year deal with American studio Paramount International Television which it hopes will help it418 words
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255 2003-03-21 7 Vince Chong - MAS seeks views; move allows firms to bring in experts on short-term basis Vince Chong THE Monetary Authority of Singapore (MAS) intends to grant temporary Capital Markets Services Representative's (CMSR) licences that will allow individuals living outside the country to conduct regulated activity here. "This255 words
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Article359 2003-03-21 7 Loh Hui Yin - By] Loh Hui Yin UNITED Food saw its net profits rise 19 per cent to 445 million yuan (5594.5 million) last year. But despite a rise in net profit, the meat-processing company's total dividend for the year is 0.121 yuan a share, down from 2001's359 words
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669 2003-03-21 9 lee han shih - ■JBlflfllocksiew lee han shih IN November last year, Keppel Land and Dutch property company Rodamco securitised the Capital Square office tower for $490 million, or about $1,300 per square foot. In retrospect, the timing was superb. If KepLand and Rodamco had to669 words
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Article, Illustration344 2003-03-21 9 Angela Tan - Customers can stay connected at hotspots in S'pore, Korea, M'sia, China and Australia By* Angela Tan STARHUB Pte Ltd, Singa pore's second fixed line phone operator, has teamed up with Australia's Telstra Corp, Korea Telecom Corp, China Netcom and Malaysia's Maxis Communications BhdFILE PHOTO - 344 words
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SINGAPORE markets
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Article, Illustration283 2003-03-21 8 OTHER SINGAPORE INDICES Mar 20 VALUE CLOSE WOMB 60.00 +140.00 IT CADI -*****.00 +48.00 TlHaylU -*****.00 +6.00 AM-SG Equities 349.96 +4.63 SGEqaWwBtt 122.38 +1.83 SCEjdMwFli 1108.17 +33.99 SCEM»b«P»p 314.77 +2.56 MSa«H8»pf 161.09 +3.52 SMSCIFItm 162.50 +3.30 Untfood wh25c 37,637.000 QWets lc 1 1000 0.5 0C8C 966 66.0 7.2 Cnart SemCond283 words
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Article, Illustration230 2003-03-21 8 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan THE stock of City Developments has been rising strongly for the past week or more on expectations the company will report strong results for FY2002. The counter closed at $3.84 yesterday, up about 13 per cent230 words
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Article, Illustration785 2003-03-21 8 r. sivanithy - ■11 comment STOCKS r. sivanithy AFTER decoupling from Wall Street for months perhaps even years the local stock market has now re-es-tablished its correlation with its US counterpart, appearing to discount the start of hostilities in Iraq yesterday as the Straits Times Index gained 23.16 points to785 words
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812 2003-03-21 8 Investors worried about possible terror attacks, fear war may last longer than expected AFP, Reuters [TOKYO] The US dollar lost its earlier gains against major currencies after the United States launched its war against Iraq, as investors worried about possibleAFP,; Reuters - 812 words
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Article3116 2003-03-21 8 UNIT TRUSTS FUNDS Com Global Finance Index Fd 0 696/ Com Global Lifestyle Index Fd 0 807/ Com Global Health Index Fd 0.764/ *•■"> I s P«*> Com Global Telecom Index Fd 0 387/ Star Europe Eqty!* 0.562/ Com Global Infotec Index Fd'" 0.278/ Star Europe Bd 1.177/ Global Enerm3,116 words
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Article, Illustration1076 2003-03-21 9 Transaction date: Mar 20 Rates quoted by ABS IMTERBA1IE CROSS RATES AS C$ Kwfc Care HK$ Mis HpMi Yaw Wan M B Nth fin 5$ *—t Sir WTS Ut* Pewd USS Australia 0.877 4.920 0358 4.624 ***** 53.727 0.711 7387 2253 L075 ***** ***** 1.049 4347 0.821 20.607 25.447Rates quoted by ABS - 1,076 words
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Advertisement1807 2003-03-21 9 METALOCK (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of the Company will be held at Cartton Hotel, Connaught Room 2. Level 2,76 Bras Basah Road. Singapore *****8 on 14 April 2003 at1,807 words
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EDITORIAL & opinion
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Article, Illustration760 2003-03-21 10 frank ching - OPINION 1 bottom line frank ching The writer is a Hong Kong-based journalist and commentator THE two-week session of the National People's Congress (NPC) in Beijing, which ended last week, finished the political transition begun by the 16th party congress last November.760 words
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Article93 2003-03-21 10 This is not an attack on Islam but an attack on humanity: head of Indonesia's Muhammadiyah group, on the war against Iraq. 'We found out that they have no idea where the economy is heading. In the old days, they had three choices for their bias statement:93 words
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Article603 2003-03-21 10 EDITORIAL THE team that will govern China, putatively the world's fastest growing economy, was finally installed in power after the curtain came down on the just-concluded session of the National People's Congress. So it is now President Hu Jintao, Premier Wen Jiabao and their Cabinet603 words
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Article, Illustration1009 2003-03-21 10 Jeff Madrick - To bnild a more harmonious world, it is imperative to focns on and pursne the converging interests of nations at different stages of development By, Jeff Madrick NYT THERE have been a number of lofty pronouncements lately from commentators that the deepest interests of the United StatesNYT; AP - 1,009 words
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235 2003-03-21 10 Ee Teck Siew Singapore - Ee Teck Siew Singapore I REFER to the letter "China visitors richer than HDB folk" by Toh Han Shih (Mailbag, March 19), and beg to differ. It is true that Beijing is fast developing and, combined with Shanghai and Guangdong, could rival any235 words
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Article247 2003-03-21 10 David Lim - flMUbag David Lim Senior Manager Corporate Communications Frontline Technologies Corporation I REFER to the report "Buying activity hits a six-week high" (BT, Mar 19) which includes the following paragraph: "Surprisingly, the board members of Frontline Tech have not followed the company's buy-backs, despite recording purchases last247 words
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251 2003-03-21 10 Leong Sze Hian Singapore - Leong Sze Hian Singapore COMMUTERS will find out how much more they will have to pay for trips on the North East MRT line (NEL) in a few weeks' time, when SBS Transit submits its proposals to the Public Transport Council. In the Budget251 words
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Singapore news
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Article, Illustration342 2003-03-21 11 Audrey Tan - YESTERDAY Df PARLIAMENT Design Singapore will promote Republic's design services industry Byi Audrey Tan WING Tai Holdings managing director Edmund Cheng will chair a council charged with developing Singapore's design services industries. Announcing this in Parliament yesterday, Acting Minister for Information, Communications342 words
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Article413 2003-03-21 11 Christopher Tan - By i Christopher Tan EXTERNAL conditions aside, it looks like a great year lies ahead for car buyers and sellers. The government announced yesterday that 106,231 certificates of entitlement (COEs) will be available for the next 12 months starting April the second largest quota413 words
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399 2003-03-21 11 Andrea Tan - It sets up S'pore training centre, plans more in region By. Andrea Tan IF Ray Elliot has his way, Asians will be using more of Indiana-based Zimmer Holdings' reconstructive orthopaedic implants such as hip and knee replacements. Mr Elliot, who is chairman,399 words
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287 2003-03-21 11 Tang Weng Fai - By' Tang Weng Fai THE electricity market which started trading in January is showing the first signs of helping to reduce prices. The market operator, the Energy Market Company (EMC), yesterday said that based on data from the first two months of287 words
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Advertisement308 2003-03-21 11 SURVIVING THROUGH CRISES Planning for the Unthinkable. Maintaining control in Crisis. April 4,2003, 9am spm, Grand Copthome Waterfront Hotel CRISES CAN CAUSE.. Significant business disruptions attracting extensive news media I coverage and resulting public scrutiny, affecting the organisations normal operations and probably having a political, legal, financial, and governmental impact308 words
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Advertisement558 2003-03-21 11 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND FOOD ISLAND PTE. LTD. (Incorporated in the Republic of Singapore) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 336 Smith Street #04-306 New Bridge Centre. Singapore *****6 on558 words
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Advertisement553 2003-03-21 11 IN THE MATTER Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTER Of WtSMA PROPERTIES PTE LTD (In Mambars' Voluntary liquidation) NOTICE OF RESOLUTIONS Al an Extraordinary Ganerol Meeting of lha members of WtSMA PROPERTIES PTE ITD duly convened and Said at 200 Cantonment Rood 15-00 Souihpoini Singapore *****3553 words
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Advertisement523 2003-03-21 11 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF JESS PALATE PTE LTD (In Creditors' Voluntary Winding-Up) SPECIAL RESOLUTIONS PASSED ON 14TH DAY OF MARCH 2003 At an Extraordinary General Meehng of the Company held at 98A Amoy Street, Singapore *****8 on the 14th day523 words
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Advertisement505 2003-03-21 11 IN THE MATTE* Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTE* OF 301 Uftl FOOOCOUKT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION} At on Extraordinary General Meeting of (he Members of 301 ÜBI FOODCOUfT PTE LTD duty convened and held on ihe 14th day of March 2003. the blowing505 words
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REGIONAL news
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415 2003-03-21 12 Diana Oon Abdullah - Last-minute lobbying against deal by Deutsche Telekom fails Frotn Diana Oon Abdullah in Kuala Lumpur CELCOM Bhd is set to become the largest telecommunications company in Malaysia after shareholders gave their approval to merge with TM Touch, the cellular arm of governmentbacked415 words
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Article, Illustration296 2003-03-21 12 HONGKONG Reuters PANICKED guests checked out of a Hong Kong hotel yesterday after health officials identified it as the likely starting place of the city's outbreak of a strain of pneumonia that has been blamed for 14 deaths worldwide. Dragging their luggage, moreReuters; AP - 296 words
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349 2003-03-21 12 HONGKONG Reuters CHEUNG Kong (Holdings), the property firm controlled by tycoon Li Ka-shing, said yesterday its 2002 profit rose 22 per cent, beating estimates, as its main subsidiary Hutchison Whampoa Ltd performed better than expected. Cheung Kong, one of Hong Kong's biggestReuters - 349 words
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Article153 2003-03-21 12 Bloomberg [HONG KONG] PCCW Ltd, Hong Kong's biggest phone company, posted a net loss of US$995 million for 2002 after writing down the value of its investment in undersea-ca-ble venture Reach Ltd. It said it wouldn't pay a dividend in 2004, as it had aimed toBloomberg - 153 words
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NOTEBook
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68 2003-03-21 12 [KUALA LUMPUR] Malaysian cigarette makers may soon "code" their products to differentiate them from illegal ones in a move that could see the return ofRMI billion (*****.2 million) lost annually to the grey market Malaysian Business Times reported. It said the government is likely to68 words
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Article67 2003-03-21 12 Reuters [KUALA LUMPUR] Malaysian plantation group 101 Corp Bhd yesterday said it is buying 21,722 hectares of oil palm estates from a group of investors including its major shareholder for RM607.74 million (*****.7 million) in cash and shares. Its purchase of five privately-owned companiesReuters - 67 words
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Article48 2003-03-21 12 Reuters [MANILA] The Philippine central bank yesterday tightened its monetary policy to curb currency speculation in a pre-emptive move against inflationary risks as war against Iraq began. It raised commercial banks' liquidity reserve requirements to 8 per cent from 7 per cent effective today.—ReutersReuters - 48 words
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WORLD news
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454 2003-03-21 13 WASHINGTON Lawmakers also seek to slash his USs726b tax cnts by op to half Reuters US President George W Bush lost a crucial vote in the Senate on his energy plan on Wednesday and faced a challenge by moderates who are trying toReuters - 454 words
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Article455 2003-03-21 13 WASHINGTON First non-American head of Icann promises to reach ont to developing states Reuters THE group that oversees the Internet's traffic system has picked a nonUS resident for the first time to head the global body. Australian Paul Twomey, its new president, said on Wednesday thatReuters - 455 words
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445 2003-03-21 15 LATEST US DATA Biggest drop in five months amid falling stock prices, rising jobless claims AP, Bloomberg [WASHINGTON] The index of leading US economic indicators in February fell the most in five months, showing the economy was weakening prior to the USAP,; Bloomberg - 445 words
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WORLDWatch
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82 2003-03-21 15 Reuters [BUENOS AIRES] Argentina's economy shrank 10.9 per cent in 2002, in what the government called the worst performance in a century, after a record debt default and steep devaluation choked consumer spending and sent investors fleeing. However while gross domestic product sank lastReuters - 82 words
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52 2003-03-21 15 AFP [SYDNEY] Shareholders in Australian company BRL Hardy yesterday voted to create the world's largest wine group, agreeing to a takeover by US liquor giant Constellation Brands. The shareholders approved the Asl.9 billion (S|l.9? billion) deal, equivalent to A 510.50 a share in cash and/orAFP - 52 words
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56 2003-03-21 15 Bloomberg [ZURICH] Credit Suisse Group has been cleared of allegations it selectively disclosed information to analysts before publishing third quarter 2002 results. The SWX Swiss stock exchange said it found no evidence of wrongdoing after a newspaper said Credit Suisse told several analysts to reviseBloomberg - 56 words
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Article, Illustration503 2003-03-21 15 NEW YORK Reuters DESPITE corporate losses, high-profile bankruptcies, mass layoffs and allegations of accounting and securities fraud, top US executives still did better than the companies they lead. The package earned by Maxim Integrated Products chief executive John Gifford, for example, roseReuters; BLOOMBERG - 503 words
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Article462 2003-03-21 15 NEW YORK Their Q1 income lifted by higher debt sales and revenue from bond trading Bloomberg WALL Street investment banks Morgan Stanley, Goldman Sachs Group Inc and Lehman Brothers Holdings Inc reported higher earnings as their traders generated US$5 billion in revenue, accounting for 44Bloomberg - 462 words
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298 2003-03-21 15 MUNICH Reuters ALLIANZ AG signalled an unprecedented willingness to sell parts of its ailing investment banking arm Dresdner Kleinwort Wasserstein when the group's incoming chief executive said yesterday there were "no taboos" for the unit. Michael Diekmann, who will take the Allianz helmReuters - 298 words
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Article1515 2003-03-21 13 S100M FUTURES Mar 20 RUBBER Futures (Closing priccs) RSS1 (Scents/kg) Close Votame Open Month High Low Sett (tonnes) Interest Apr 03 188.00 May 03 187.50 Jan 03 ***** Jul/Sep 03 184.50 RSS3(USccnbA4) VotMM Opm MoaMi Hlfli Low Sott (towns) Merest Apr 03 106.00 nOO May 03 105.75 1600 Jun1,515 words
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Page 13 Advertisements
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Advertisement444 2003-03-21 13 2 BIZASIA MARCOM-BIZASIA MARCOM-BIZASIA MARCOM-BIZASIA MARCOM-BIZASIA MARCOM-BIZASIA MARCOM TOP THOUGHT LEADER, ETIENNE WENGER, I I Ph.D. "Live" ON VOICE I 1 A Landmark Event taking Asia by storm! I 0 For the first time in Asia, globally recognised thought leader in the field of g 5 learning theory and its444 words
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Page 14 Advertisements
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Advertisement1332 2003-03-21 14 CYCLE CARRIAGE LIMITED (incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 34th Annual General Meeting of the Company will be held in The Mandarin Court. Fourth Floor, Grand Tower, Meritus Mandarin Singapore, 333 Orchard Road, Singapore *****7 on Tuesday, 6 May 2003 at 11.151,332 words
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Advertisement429 2003-03-21 14 IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 Ed) AND IN THE MATTER OF GOTCO-SOUTH ASIA PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 520 Madison Avenue, New York, NY *****,429 words
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Advertisement391 2003-03-21 14 IN THE MATTER OF THE COMPANIES ACT, CAR SO AND IN THE MATTER OF NEST LAND PTE LTD (IN MEMBERS'VOLUNTARY WINDING UP) NOTICE OF RESOLUTIONS Al an hxtraurdinary General Meeting of the members of the abovenamed Company duly convened and held al 26 Übi Road 4 The Besco Building Singapore391 words
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Advertisement309 2003-03-21 14 KAIFA TECHNOLOGY PTE LTD MEMBERS'VOLUNTARY WINDING-UP At an hxtraordinary General Meeting of the Company held at 2 Killing Pudding Road #o*o7 Mactech Induslnal Building Singapore *****7 on Wednesday. 19 March 200.1 al 10.00 a.m.. the following Special Resolutions were passed: It waa itfohtd: That the Company be wound-up voluntarily pursuant309 words
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Advertisement2515 2003-03-21 14 IN THE MATTER Of THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SCS NOMINEES (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50. the Final Meeting ol the abovenamed Company wiH2,515 words
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Advertisement346 2003-03-21 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of JOOZE.COM PTE LTD (Company No: *****3170K) (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of Jooze.Com Pte Ltd held at 8 Robinson Road, #06-00 ASO Building Singapore *****4 on 14 March346 words
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Article4656 2003-03-21 15 Transaction date: Mar 20 for more, go to iiwwxisiaxmenmarketsjcorri B HONG KONG v«i hkrmi 1.12 -o.o« 286 HKS 000 Hong Kong Electric 30 80 0.20 3894 Hongkong Chinese .0.61 unch 60 Alpha General 021 -0.01 55 Hongkong Chinese Ltd .061 unch 60 AnandaWingOn .0.01 i**h 0 Hopewell Hotdinqs4,656 words
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THE ARTS
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Article, Illustration330 2003-03-21 16 Aaron Lye - Byi Aaron Lye ONLY the most bitter of persons would not have even been mildly entertained by Conquest of the Galaxy: Jupiter at the Esplanade Theatre Studio last weekend. Presented by Condors, a Japanese contemporary dance company, Conquest was supposed to be a dance330 words
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363 2003-03-21 16 Cheah Ui-Hoon - Byi Cheah Ui-Hoon IT'S not the Oscars, but coming only a week later than the film industry's glitziest event, the DBS Life! Theatre awards will enjoy some residual glamour when it fetes local theatre on March 31. It's the third year of the awards that363 words
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Article, Illustration339 2003-03-21 17 Cheah Ui-Hoon - They are painter Tan Swie Hian, mixed-media artist Francis Ng Teck Yong, and video artist Heman Chong Byi Cheah Ui-Hoon IF Singapore's artists provided viewers of the last Venice Biennale with a mental "map" of what Singapore's cultural landscape was like, this year's339 words
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Article, Illustration365 2003-03-21 17 Parvathi Nayar - By. Parvathi Nayar AS their inaugural presentation in Singapore, Arte Compass a Singaporebased company dedicated to showcasing quality arts events from India presents a musical evening called Shraddha. Shraddha, says Arte Compass* Mala Mahesh, means total involvement in one's work here, it's music. TheFILE PHOTOS - 365 words
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Page 16 Advertisements
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Advertisement344 2003-03-21 16 To advertise your If AC Call toll-free 1800 289 8822 I H I W V* 9 or email recruit@sph.com.sg COMPLIMENTARY BT AT THE MALLS IF you're not working tomorrow, you can still get a weekend copy of The Business Times at selected outlets at the following malls, with their compliments:344 words
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Article5683 2003-03-21 17 Transaction date: Mar 20 for live prices, log on to iiruM'asiaonemarketsjom 52-Wk 1st Vol Day LaitQuoU GrOto Mr GrVW MM MCao M#i Lot C Mg Ml W- (100) W# Law >jg Cvr »__g 111 ABNAmroNlG 56c 9 12 34 l»8 20.5 9 ACE Dynamio20c 11.5 11.5 14.5 0.75,683 words
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Article68 2003-03-21 17 iMt V<x Day LMQwrt* GrfH* W» GrVM MM MCjb >■» U» Cl«»H| itt» W- HI W» lw »T«r idhr Cw HI $H ***** 89 Diamond US87S0cd 4900 2700 IS OJ US Tech US3740 S55 555 IS MSG Spore U555S ***** 8200 ISS4PSOO US8270 ***** 8280 SPD*S US8280cd 180568 words
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Article1474 2003-03-21 17 Last Val Day LatQaMt CfOiv H* GrTU MM MCa U» <•■■>■■> Me W- CW> 1— IWt S*» Cw W l3 22 73 ABR Hldgs Sc 95 unch 4 95 9.5 95 10.5 1<J 24.5 IS AP Ot 5c 17 5 unch 234 17.5 17.5 17.5 18.5 27 2.61,474 words
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Article338 2003-03-21 17 U-tt Lad Ml My LMOwta GrtN» H» GftW MM ttCm t»m Cimpiii) Ut» w- fW W# tog *nm Cw Ml tm* IIS II AVicnrimgi A2SC A 96 unch IS 96 98 98 99 40 3.4 102 S.7 2109 Cathay Pac 20c HK720 265 2.1 7.4 6 2*3662 Cheung338 words
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Page 17 Advertisements
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Advertisement58 2003-03-21 17 Shraddha, April 12, Esplanade Concert Hall, 7.30 pm. Ticketsfrom $25 to $150 at Sistic outlets (6348-5555, website: www.sistic.com.sg). The Business Times is an official media partner of the event. One pair of $125 ticket will be given away to readers; just answer the question: Name the four musicians playing at58 words
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CINEMA/BOOKS
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Article, Illustration427 2003-03-21 18 Cheah Ui-Hoon - Bi Cheah Ui-Hoon "HAVE you ever walked into someone's home and said to yourself, 'Wow, this place feels so good I'd love to live here', or conversely, 'This place gives me the creeps. Let's get out of here'?" asks Karen Kingston, author427 words
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Article233 2003-03-21 18 Cheah Ui-Hoon - Byt Cheah Ui-Hoon THE documentation on Singapore theatre and its development got a boost recently, with a book commemorating pioneering theatre director William Teo's work. Known for his visually aesthetic sets and for staging tragedies, Teo (1957-2001) began his work as a theatre director in 1986, directing233 words
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Article, Illustration832 2003-03-21 18 PARVATHI NAYAR - Italian director Marco Ponti talks to PARVATHINAYAR about his first outing, Santa Maradona, whose success at the box office caught him by surprise PARVATHI NAYAR I'M in town to bury my film, grins Marco Ponti, director of Santa Maradona, the opening film of the just-concluded Italian Film Festival.CHRIS LOH - 832 words
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Article2309 2003-03-21 18 Transaction date: Mar 20 KUALA LUMPUR g fjg «g J *M ('0001 FW industry .0.16 unch 0 Gadana .0.85 0 05 5 ASM Realty 0.71 unch 10 119 "9? 183 Z Abric .0.78 006 116 GanadCorgL. -2-2 222 ACP Industries .2 90 0.01 68 107 Advance Synergy 0.35 0.022,309 words
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Article768 2003-03-21 18 Transaction date: Mar 20 l>*—» m Omt o—>1 m Qm O—i CMC 0X9 3X00 *0.120 NalStaai 50c 042 2.520 *0-020 CapAaLand l.ia 1.110 *0020 OOC 9X2 9.650 *0650 Chart SanvCond 26c OS* 0X65 -0010 Out 0.55 5X50 *0150 GtyOavSOc IS 1X40 *0.040 tarkM«yH25c 0J9 0.760 CnMMT 25c 0 (7768 words
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Article523 2003-03-21 18 BONDS WARRANTS Nb Eat) Lad Vol Caao En Mk Gear MHh ci«»uy s*e rmm «m» nn i— mt AST1W*****1 17.5 1 16 179 0 69 IS Acne ltd W>***** 45 1 SO 091 1-12 20 Amtek W*****0 56 unch 25 1 33 3 15* 27 Armstrong W*****0 05 1 10523 words
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Page 18 Advertisements
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Advertisement29 2003-03-21 18 Space Clearing workshop. March 29-31. More info at www.spaceclearing.com, or call Red Alchemy (6743-3364) William Teo His Work In Theatre is available at $35 (excluding GST) at major bookstores29 words
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PURSUITS
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Article506 2003-03-21 19 Cheah Ui-Hoon - Byi Cheah Ui-Hoon "VERY Superior, Old and Pale" doesn't sound like much, but call it by its other name, VSOP, and these magic letters like XO immediately raise the status, if not alcohol content, of any drinker's table. With Asian economies opening up, China particularly, Hennessy506 words
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Article, Illustration464 2003-03-21 21 Parvathi Nayar - The film captures well what it means to be a woman By] Parvathi Nayar ITS literary and cinematic pedigree is enormous an outstanding cast led by Meryl Streep, Julianne Moore, Nicole Kidman and Ed Harris; Stephen Daldry as director; music by Philip Glass; screenplay byAFP - 464 words
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Article297 2003-03-21 21 Parvathi Nayar - By] Parvathi Nayar IN the newest twist to the self-reflexive genre a story about writing a story, a film about making a film we have a screenwriter with writer's block writing a screenplay about a screenwriter struggling with, you guessed, writer's block. Seems absurd to imagine that writer's297 words
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Article, Illustration745 2003-03-21 21 Geoffrey Eu - Byi Geoffrey Eu (Opening scene: a smoky nightclub, filled with low-lifes, has-beens and never- will-bes. The camera closes in on the bar, where a fresh-faced, well-groomed young man is nursing a drink or three. It follows his confident gaze to the dimly -lit745 words
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Page 19 Advertisements
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Advertisement126 2003-03-21 19 Where to wine, dine and entertain... Dinner? Award-winning prata starts from $9.90+++ Now available at Phoenix Garden Cafe, call *****129 HOTEL PHOENIX Phceni* Garden Baseaient 1 Hote 1 Phoer ill Or:ha'd Read Smciapore *****8 IF Can't Decide t NtoProbleni, Crosagrder Shlma Ajl Tlan Yuan Kttchafl Local Bits Thai Exproria 1126 words
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Advertisement181 2003-03-21 19 I -SP"" I Function Room available for your I I Baby s Full Moon i I I and ee rea l I I Maximum -100 pax I Minimum Seminar -15 pax I I For enquiries, call us at 430 4119 I 218 Queen Street, Singapore *****9 I A meml»rof KON181 words
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Advertisement271 2003-03-21 19 COOLEST NIGHTSPOT FOR A NOSTALGIC TIME Relieve the good old days with superb live entertainment brought to you by our all new band. The Velvets". Happy Hours: 3pm to 8.30pm. Monday to Saturday. 3pm to l.4 Sam. Sunday. Make your favourite song requests, enjoy one-for-one on standard drinks or a271 words
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Advertisement126 2003-03-21 19 fS iuon qnr hotel IW\ COFFEEHOUSE 15 Tanjong Katong Road Singapore *****0 fionya cum local Lunch High Tea .gi- Every Saturday Sunday A OA* 'jtJi <jrf ,y^' NH^UtVMIMRHOTI Hofediyt: B P THE NEPTUNE COlltll (VAT DIANXIN AT THE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224126 words
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Page 20 Advertisements
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Advertisement373 2003-03-21 20 SONY Mim^.■' M ~< II •< |y ~i........ "Ji'*" |m^ iiif g— jQH| jj£ I I s Hfi§ffi|p I K I fsfjiji I BLii j ■I JM irMHffiIJBMBUBMBBWWBWBHKr "1 p^mgo Made in Japan Enjoy sharper, line-free picture quality for the ultimate viewing experience. The new Sony HS Series WEGA with373 words
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Page 21 Advertisements
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Advertisement7 2003-03-21 21 Off Hie Cuff has bees held over7 words
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Page 21 Miscellaneous
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Miscellaneous338 2003-03-21 21 CRYPTIC CROSSWORD 1 Lions in location establishlog most important position 9 Passed six deliveries deposited by army man (9) IH JHT fIH 10 Courageous support lead- TT""^ rtg to victorious day (5) i j j j j 11 Only half of the decade 12 Spared the rod and suffered 13338 words
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EXECUTIVELifestyle
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Article, Illustration1132 2003-03-21 22 PARVATHI NAYAR - On and offscreen at the upcoming Oscars, violence and conflict have been the mood, reports PAHVATHINAYAR PARVATHI NAYAR DANIEL Day-Lewis—the bookies' fave for Best Actor Oscar protested the grotesquerie of red carpet posturing when the predominant global sentiment is war. But we can get round that by allowing1,132 words
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Page 22 Advertisements
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Advertisement168 2003-03-21 22 The Saab 9-3 is the essence of been them to friends. My Saab 9-3 Sport Sedan offers me plenty of power with its turbo charged 150bhp jljUt But above security and the 9-3 gives me with its enhanced driver control technology and safety all about individual good looks delight anyone168 words
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SHIPPING TIMES
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Article278 2003-03-21 23 Reuters THE Baltic Dry Index rose 22 points to 1909, the Baltic Capesize Index rose 27 points to 2600, the Baltic Panamax Index rose 17 points to 1829 and the Baltic Handymax Index rose 190 points to *****. ♦Anangel Pride (built 1998) 16,1600 dwt 15 on 55 ndasReuters - 278 words
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Article256 2003-03-21 23 MX *000 MsrM 9 *h CWT Distribution 0.59 uncft 0 Chuen Hup 0.40 uncft 910 CH Off short 0.18 uncft 1090 Cosco investment—0.20 uncft 0 Freight Links 0.03 0.01 W G8 Holdings 0.58 tmft 0 JayaHoMmgs 029 unch 3489 KeppeiCorp 426 0.12 2061 K1 Venture 0.14 -0.01 381256 words
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Article, Illustration392 2003-03-21 23 WAR HI IRAQ Shipping lines may suspend services to ports in the Middle East because of the war on Iraq Bloomberg (TOKYO) Yang Ming Marine Transport Corp, Nippon Yusen KK and other shipping companies face higher insurance costs and may suspend servicesBloomberg; FILE PHOTO - 392 words
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277 2003-03-21 23 Kuwaiti oil operations continuing normally AFP [WASHINGTON] Initial reports from US naval forces indicated no signs of disruption to shipping lanes in the Gulf or in the Strait of Hormuz following the start of the US-led war against Iraq, The Wall StreetAFP - 277 words
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417 2003-03-21 23 Reuters [TOKYO] With crude oil prices tumbling after the United States launched an attack on Iraq, Asian brokers yesterday were cautiously optimistic of a turnaround in runaway pan am ax dry bulk rates on expectations of more tonnage supplies. But they saidReuters - 417 words
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Article, Illustration331 2003-03-21 23 They do not expect any interference with shipping at this stage Reuters [LONDON] Leading shippers of the Gulfs vast oil supplies said their tankers were operating normally yesterday as the United States began an air bombardment of Iraq. "It's business-as-usual. We really don'tReuters; AFP - 331 words
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440 2003-03-21 23 Beth Jinks - By Beth Jinks [SINGAPOREI Singapore's airport and sea port have again been voted the best in Asia, at the inaugural Asian Freight Supply Chain Awards 2003 held here on Wednesday. The prizes were given to the Maritime and Port Authority and the Civil Aviation440 words
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764 2003-03-21 24 Selva Kumar - ADMIRALTY CASEBOOK By I Selva Kumar TWO recent unreported admiralty judgments in Hong Kong have been cited by an international law firm as examples of the willingness of the Hong Kong Admiralty Court to adopt a commercial approach in paying out764 words
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Article, Illustration79 2003-03-21 24 AFP [KIATO, Greece] Georgianflaggedfreighter Moro II stranded on a beach near Kioto, Peloponeese due to the extreme strong winds in the area, on Monday. The vessel ran aground when strong winds drove it onto a sandy bank while it was anchored in Kiato harbour. VeryAFP - 79 words
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Article204 2003-03-21 24 PACE 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 Del mas 4 Dongnama 3 EP Carriers 8 ECL 3 Eng Lee 8 ESP Lines 9 Foong204 words
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Article10444 2003-03-21 28 THEBUSINESSTIMES EXPORT ETA ETA Advertiser V«l« Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone MMSSWHM■MWMM«lS«aaMMsS2SM8 05/04 M/M B'tang Mas B BELAIT V0307E *****409M lb ABIDJAN (ABJ) 2003 Cota D*lvoira To rlUFF HARBOUR (BLU) 2052 Htm Zealand 21/03 21AM <M»» SANTA BARBARA I 321W 4******344 u/05 T ASM AN10,444 words
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SHIPS IN PORT
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Article553 2003-03-21 31 Vtatl Voy No Iwth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL KIMTRANSAQUA VE97 J14 A/SIDE 21/03 03(X SAIPAN CARRI SC014 J18/19 A/SIDE 21/03 140( SI ANTE K 01E/03 J12 A/SIDE 21/03 170C UNION STAR18 02A)3J J3 A/SIDE 21/03 063< V BANGALORE V0303 J7/8 A/SIDE 21/03 18CK ASL75 A7512 J4/5 21/03553 words
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Article1630 2003-03-21 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Mi Berthing Un- Berth Name Voy Voy wq berthing Nmbr AH PMAM cam aim i *****00*2030 *****00*0930 nauuic oson osow i 22/******1500 *****00*0100 to« ACX SAKURA 015S 015S 1 **********.00 *****003-0300 ALAMXAYA2 8838 8838 1 *****00*22:00 *****00*0700 APIWS ii2w ii2w1,630 words
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Article140 2003-03-21 31 Mju-21 Japan: Vernal Equinox Day Mar 25 Cyprus: Independence Day Greece: Independence Day Mar 26 Australia: Australia Day Mar 27 Australia: Aust Day Hold Mar 29 Taiwan: Youth Day Mar 31 Malta: Freedom Day Apr S Hong Kong: Ching Ming Fest Korea: Arbor Day Ayr Thailand: Chakri Day140 words
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Article760 2003-03-21 31 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 averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the760 words
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Article446 2003-03-21 31 Carfeoa MO Ma 9902 0.5 R.9 0.07 55 0.03 im U OrrrsrtT Bator M*m AiAAIibIHib SifciH No *X"* EZS 0 0 0 0 0 0 380 AM 904.7 02 M.5 0.05 19 0.02 r" 300 Mu 99L4 0.9 93 0.07 64 0J5 M/wi Mr M/M mm446 words
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AIR & LAND transport
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524 2003-03-21 32 WAR nr IRAQ Japan Airlines, Qantas to np fores by 3% as lata sees 10% fall in traffic Bloomberg [TOKYO] Japan Airlines System Corp, Qantas Airways Ltd and other carriers are increasing airfares and cutting flights, as costs rise andBloomberg - 524 words
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Article262 2003-03-21 32 Reuters [KEY WEST, Florida] A Cuban DC-3 passenger plane with 35 passengers and crew aboard was hijacked on Wednesday and forced to fly to Key West, Florida, Cuban aviation officials said. The DC-3 owned by the Cuban state airline Aerotaxi was on a domestic flightReuters - 262 words
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Article, Illustration473 2003-03-21 32 Donald Urquhart - $35m facility will help Republic stay ahead in logistics, SCM industries By] Donald Urquhart [SINGAPORE] In a bid to remain the region's leading logistics and air cargo hub Singapore officially opened its logistics free trade zone (FTZ) adjacent to Changi Airport yesterday. TheTAN SUAN ANN/ST - 473 words
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Article, Illustration411 2003-03-21 32 Reuters [MUNICH] Deutsche Lufthansa AG said on Wednesday its 2002 operating profits rose strongly, but the result implied a fourth quarter operating loss wider than most analysts had expected. The airline said operating profit rose to 718 million euros (Ssl.3 billion) last yearReuters - 411 words
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211 2003-03-21 32 AP [LONDON] The cashstrapped organisation in charge of air traffic control in Britain received £130 million (Ss3so million) on Wednesday to help pay its debts and undertake a financial restructuring. The money for the partly privatised National Air Traffic Services came in equal sharesAP - 211 words
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Article, Illustration375 2003-03-21 32 AP [HANOl] An attendant and a passenger on Vietnam Airlines flights to Hanoi were admitted to hospital with high fever, amid concern they may have contracted the mystery illness that health officials believe has been spread by air travellers, officials saidAP; REUTERS - 375 words
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253 2003-03-21 32 Bloomberg [MEMPHIS, Tennessee] FedEx Corp, the world's largest overnight-delivery company, said profit rose 23 per cent in the fiscal third quarter as it gained market share in ground shipments from rival United Parcel Service Inc. Net income climbed to US$l47Bloomberg - 253 words
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Article1880 2003-03-21 32 an man n» nw o> mm »so utra oso mm* uen Z24S ««n *m soa 2jso S0229 2245 S***** KM INTO 2359 up mb 2J» *22 25 «_j» 2» *uj7 Bis pm—>§ mm ns mm m mm MM Ma f 11 SOW] 1910 CI352 0€35 WM1,880 words
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Page 23 Advertisements
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Advertisement22 2003-03-21 23 Asian airlines to raise fares, cut flights as bookings fall BACK PAGE Two new suspected cases of killer flu in Vietnam BACKPAGE22 words
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Page 24 Advertisements
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Advertisement685 2003-03-21 24 I TO USA/CANADA I EXPORT I OTHER DESTINATIONS Ivcsa ypTl m hnaliai6»cii|Mius|iaßiai II TOAUSTRALIA(AUSTRALIAASIAEXPRESS! ooacMJFonu Wll2 11/531 i«/n I 04/04 00*4 ii/m 04*4 m/m 12*4 Efl j vksS vot I eusm'l kg hk m st» I m m OOaKTHBUMK ***** J7/B3 I 21/K I 13/04 17/04 19/04 11*4 IMM 21AM685 words
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Advertisement553 2003-03-21 24 linw mtvhh rapfwantod by "P*" VS& I"*"* CONTAJNEtS/ CONVIIfTKMAL CARGO FtM POT KUNG/SHGArOtI/iMUMtU t UNCXOt VW CTAPKL KTASIN ETAUALK HaM Cantor 7S7A n« SMS «M ntm Lay MS n«4 A* it* UU MARIS! SEBVR'ES SINGAPIMtE flM»IBI»IUMM» feudUM* SCANCHABT AUENCIES SON BHD BT TIANSUNDO JAkABTA m.«Hgy«W TO-«ei«gaMX r*X:«tl«gMl» Goodway Agencies (Shipping)553 words
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Page 25 Advertisements
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Advertisement1052 2003-03-21 25 TOeUKOfE FROM EUROPE vcsa Ivor an ar m mm m v* m Ifwsai jwr m m mm m vu i» an UWMB OI4W 73/83 07/04 M/M 11/ M 11/ M MMMNMM 31* 03/03 05/03 77/07 72/03 MMMMH 311W 14/0105/04 11/04 11/04 IS/MM/M *XHKHOW 0071 04/ D 0»/W OMBM/BIS/M mam urn1,052 words
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Advertisement1166 2003-03-21 25 ±aj hULU tm 10 l 'MMBMMiBfIiMI Ww~ IWtMR F7V Nil MM •11 M AQABA (JOtMM) UMTS caeuiM«n■ snuratt mmhbm»«ii-m wh/mj t&mmmst/u ml mmsmi/m I |BMl| (JOtMM ik lAIU KMR COSTAR SHIHINfi FT! LTD wmkmm owibbai mwiw «*sm/» I rySSTaM iiii iibi 1 :"E a» iinsi*»!! ifcwtmiww MMm/m taunt h»hh/« I1,166 words
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Advertisement506 2003-03-21 25 «sel JSL JL mt mc nw k re ■aOSM Qj»|a/3|H/3 1/4 I V4 V* 7/4 W4 11/4 lgTl KYUBttl WOOES 058 M/ 3 9/3 V 4 V 4 7/4 V 4 iwKnww |?w|viiyi| y\l !jff I jjflll^llW. 1 11?»1 hymdnmdk os7s V* 5/4 10/4 11/4 14/4 w |ww|ll/4|lV4| IV4 1506 words
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Page 26 Advertisements
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Advertisement765 2003-03-21 26 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. wwwJ—Mxm Q MO. I?0*7»*****H fmm vot sou Ita|n»|an ma (vma vot I sow |t«I ra I ant I nam Imy "JT NT wombs Mtw ii/n «i/M u/n a/u so/w Mima* mk b/ii n/oi m/ii i*/oi is/w tfIUW IWW 11/tJ M/W «1/M 03/94 MKSOUTION tIM765 words
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Advertisement1266 2003-03-21 26 WAN HAI MIBtNADONAL FTC LTD aMt MMSfMW/t mWAH HAI UNES SsBfißss3=sV sum Hi vtsi«*7i m m hd vrun m& md mm/ d»i*s ■■tri HB II »*•»!)OMMiMtwn»«•«•«:rn«/n«i umx »»:|>1)4II7MM.»I)4IM»B/«)CW Rnnu nM Iwvlaw an »au jm> ew nw uw mi *v I Enm» M M »<vn I'* :i* K* Ml M M1,266 words
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Advertisement468 2003-03-21 26 <a> WEEKLY EXPRESS SAM-H6 SCHEDULE I ALSO ACCEPTM6 TO Ml NORTHERN AM WESIBM ICQ PMNTI wssa 1 vot |m 1 pjumclcbu—ol >.a«w |cnuwo~ Iwmwg nw 17mm ww an an nm tiara gg KM am nm n*i ew row—a aw ii mm nm mm mm \itn row wmn vm mm not468 words
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Advertisement922 2003-03-21 27 IRISL, Q(h® fa IMdkHh Bash exsoopOs (sxr (bfflQ @0 t&Mmj (fa? fts> faUemU tp&faite fa Hi?®® w w&W <m 9® (SJU3* (S&mQffdm Son {fejaftmP itoamito QUam* AGENT M SMGAPORE AGENT M MALAYSIA I AGENT M MDONEStA SMOSE AAMTME PTE LTD CR NO: **********0H BOUSTEAD SMPPVIG AGENOES SON. BHD. PT. SMOSE922 words
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Advertisement323 2003-03-21 28 I LINE |V«I |Vt Um |P»— [■■Ip—!•»— Tfc» IK——l Trmk [Pit i illltow—|Hn J Aw C226E" 22/03 03/04 09/04 10/04 Aiir C226C" 22/03 15/04 25/04 I I 27/04 29/04 Asir C226E" ***** "***** 01/05 03/05 04/05 Potmos Senator 946E" 02/04 15/04 25/04 27/04 29/04 Potmos Senator 946E" WS TT7ST 01/05323 words
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Advertisement597 2003-03-21 30 IKBSB OMR 24-24/03 0141/04 00-W/04 I IKB MHOS MTV 20-29/03 04-04/04 II 12/04 I UGH SHAM OMN 01-OZ/D4 Ml 0/04 IS-14/04 I neasr mm mw inyo4 ih»/m I WaS£^^^Wo|^oMVi^^lsl7£^^2MMj Rsh^^^TOT^SNl^^CM^^SN^H rraraer SP nxm —jtbtb —n-ii* I I UP* in 29 30/03 05-07/04 15-14/04 I I ream* sn 02-02/w omo/m iww597 words
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Advertisement794 2003-03-21 30 ma NAM VOT MMS POVTIBAM OOTMOOM MOMU ra iu no ru no m no KgMT OMM6I Sm' M/M 24/ M 24/ M M/M 31/03 OtNOMOM 07M57 HON 24/ M M/M 25/ M 29/ M M/ 04 PC TIM 01N137 HB 20/ M 29/ M 10/ M W/04 05/04 NRHSIASTM IMOO6794 words
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Advertisement911 2003-03-21 30 I dz |PDZ LINES —*tsi um g/w B?iS? fBP 5 5/5 5 mmmbi GISWH MM 23/93 IMOM MII h/M KCM» MM MTM M M lyn —BH MM m7m 6WBK 3905 20/03 V— Mil H7M gjg MM M?M «iM~ W nS~ MiM MM MS I 1113 M/M OSWH Mil 30/03 Mil911 words
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Advertisement232 2003-03-21 30 [WB9KBSH BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PO« TO KARACHI Irasa vow mamw muMaTI lOfTULwahXi II Mi il/IVP IWB wipt SEA-PAC MANAGEMENT PTE. LTD. 70 Anion toad CI7-07AM Ap«x Imv, *****5 ******77 VB FmMk 6173 2309 Uiuc RS ***** SiAPAC PNBECT HN NAMEO, OPJL KONtA Ivtssa voTMi roswMwg Hi232 words
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Page 31 Miscellaneous
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Miscellaneous115 2003-03-21 31 gßEGloNALWE^Eß^^^^^^^Tr^ 26 rT 1 WJr r* Issued by Meteorological Service Division,NEA LEGEND: f < Thunderstom Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds Rain L One halt flee he represents 5 knots Cloudy Day *One full fleche represents 10 knots Hazy A115 words
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