The Business Times, 27 March 2003

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Microfilm: NL25003
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 THE BUSINESS TIMES j Internet: http://business-times.asial.com.sg SINGAPORE THURSDAY. MARCH 27, 2003
    11 words
  • Article
    Lock icon Cruise operators curb contact with Sars hot spots
    946 1  -  Singapore affected; operators report cancellations of inbound and oatbonnd tours By\ Donald Urquhart [SINGAPORE] The Severe Acute Respiratory Syndrome (Sars) outbreak is taking an immediate toll on the tourism industry and related sectors, but economists say the impact on the wider economy
    946 words
  • Article
    Lock icon $100m worth of projects, 3,000 new jobs
    537 1  -  S'pore govt unveils new vision for infocomm sector By] Raju Chellam [SINGAPORE] The government has unveiled a new "Connected Singapore" vision for the infocomm sector that will see projects worth $100 million being undertaken and 3,000 jobs being created in collaboration with the
    537 words
  • Article
    Lock icon MARKETS
    74 1 «n 1,325.00 (+13.68) ST INDEX FUTURES 1,320.00 17.00) SIMSCI FUTURES 163.10 (+2.80) Wednesday Change KLSECOMP 632.99 +333 NIKKEI 225 8.***** +113.16 HANG SENG 9.047.09 -15.06 SET INDEX 368.14 +440 JAKARTA COMP ...4ei.04 +6.10 MANILA COMP .1.***** +492 TAIPEI WP1 4.***** -2.78 SEOILCOMP 554 79 -0.19 SHENZHEN B 194 77
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  • Article
    Lock icon FINANCE
    71 1 FOREX RATES US$ SI I'SS (SSpeiTSS) 1.77U £(I "S$/SS per X)lilt 2.782 ElRQ(l'SS/SS/E) 1063 1.881 YEN 1201 67.90 RM 3800 2.147 HKS 7.799 4.407 BAHT 4191 24.24 R1PIAH 8523 5.041 RENMINBI 8199 4689 INDIAN Rl PEE..... 47.56 26.87 PRIME RATES SINGAPORE* 515 Kl ALA LIMPIR 6.40 HONGKONG 51)00 JAKARTA
    71 words
  • Article
    Lock icon All schools close as Sars claims first two lives
    581 1  -  Five new patients bring total number of cases here to 74 By Elgin Toh [SINGAPORE] For the first time in more than 50 years, the Ministry of Education has decided to close all national schools in response to deep public anxiety
    581 words
  • Article, Illustration
    Lock icon Chris Matten takes new job at PWC
    851 1  -  He will head new regional finanr-ial risk management practice By Wong Wei Kong [SINGAPORE] From just one interview, you can quite quickly tell that Chris Matten is a teacher at heart. And, after short stints at Temasek Holdings and OCBC Bank, he may
    TAN SUAN ANN/ST  -  851 words
  • Article, Illustration
    Lock icon Rumsfeld warning heightens market volatility
    677 1  -  Increasingly, players will take cue from war front By Larry Wee [SINGAPORE] Volatility ruled in financial markets yesterday after US Defense Secretary Donald Rumsfeld warned that the war may last for months. While both Wall Street and the US dollar got a slight lift overnight
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  • NEXT page
    • Article
      Lock icon KL eases forex controls for third time since '98
      464 2  -  Changes to spur growth include easier access to RM loans for foreigners From] Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S central bank yesterday announced a further easing of foreign exchange controls in a bid to push private investment and spur economic
      464 words
    • Article, Illustration
      Lock icon Mora investor-friendly
      131 2 Changes to foreign exchange mles in M'sia Effective from: Nov 21, 2002: Non-residents can borrow up to RMS million (previously RM200.000) to finance projects in Malaysia. Doc 3, 2002: Non-residents may refinance property loans in ringgit to a maximum of three loans. Payments between a resident and non-resident,
      T  -  131 words
    • Article, Illustration
      Lock icon HP unleashes Shrek in ad blitz
      617 2  -  Campaign focnses on partnership with customers By, Amit Roy Choudhury [SINGAPORE] Shrek, the grumpy but lovable green ogre which made millions of dollars for film studio Dream Works and brought laughter to children around the world, is back in the limelight this time to
      FILE PHOTO  -  617 words
    • ON THE grapevine
      • Article
        Lock icon Power in the palm of your hand
        171 2 NEVER underestimate the power of your personal assistant the digital kind, that is. In fact, OCBC Bank is hoping that personal digital assistants (PDAs) will help it sell more home loans. Using it now on a trial basis, the bank is allowing its
        171 words
      • Article
        Lock icon Coping with a topsy-turvy world
        151 2 WAR in the Middle East. The outbreak of the mysterious respiratory infection (Sars) at home. Add these to the worries about retrenchment and falling asset prices, and you have anxiety aplenty. So how are we to cope? The director of Yale University's Anxiety and Mood
        151 words
    • Article
      Lock icon PM Goh discusses security, investment on Japan visit
      536 2  -  He also reviewed regional, global developments with Japanese PM From- Anthony Rowley in Tokyo THE need for Singapore and Asean to remain attractive for Japanese investment in the face of growing competition from China was one of two key issues that Prime
      536 words
    • Article, Illustration
      Lock icon Biomed plunge knocks Feb manufacturing
      404 2  -  o!Hneeconomy By Anna Teo Against growth expectations as high as 18 per cent, February's industrial output fell 1.4 per cent as a plunge in the volatile biomedical science sector offset higher output in other key industries. Figures from the Economic Development Board show a 31
      Source: EDB  -  404 words
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      Lock icon Page 2 Advertisements Column 1
      32 2 Correction OFFICE rents in Singapore are now at their 1988/1989 levels, not 1998/1999 levels as incorrectly stated in yesterday's report, "Office rents slipped 4.9% in Ql". We are sorry for the error.
      32 words
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      104 3 \v V\ W --v- C" T^^.^PrmHHßl \W\ r r^"-r^ y t rPSS? I x X m, X L >vv >oX W\\\ \l V\ s X \S,\V Vw\ NNXX \W\\ The woi^^^ FedEx, Jne verymodel of corporate efficiency, for new ways to improve service. wkicj/lets them identify and correct pot£Atkjffssu« sim
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  • WAR IN IRAQ
    • Article
      Lock icon Blair seeks UN help to rebuild Iraq, heal rifts
      460 4 LAT-WP [LONDON] British Prime Minister Tony Blair was scheduled to travel to Washington for talks yesterday with President George Bush about the war in Iraq and a role for the United Nations in postwar reconstruction. Rejecting speculation that the talks were
      LAT-WP  -  460 words
    • Article, Illustration
      Lock icon Warfront: DAY 7
      174 4 Source: BBC website, Reuters MOpn More than 500 civilians were wounded and over 200 homes destroyed by Allied bombardments in Nasiriyah, Iraqi Information Minister Mohammed Said A 1 Sahhaf said. S^Spa The Iraqi satellite TV resumes its services, after being bombed earlier. Unlike the domestic terrestrial service
      Source: BBC website, Reuters; REUTERS  -  174 words
    • Article
      Lock icon Iraq's oil exports collapse with start of war, says UN
      871 4 Crude price jumps 4% in London on fears of extended supply disruption AFP Bloomberg Reuters [NEW YORK] Oil exports from Iraq under United Nations supervision have collapsed with the volume plunging three-quarters to 3.1 million barrels per day (bpd) last
      AFP; Bloomberg; Reuters  -  871 words
    • Article
      Lock icon US publishers to send free magazines to troops
      307 4 Reuters [NEW YORK] US troops in Iraq will soon be able to adorn their quarters with the 21st century's answer to World War II pinups, as the publisher of Maxim and Stuff ships free copies of the men's lifestyle magazines to their
      Reuters  -  307 words
    • Article
      Lock icon Allied forces turn up heat on Baghdad
      584 4 Bombs dropped to support revolt against Saddam, disable TV centre AP AFP Reuters Bloomberg ALLIED bombardment of the "hornet's nest" of Republican Guard units in Baghdad intensiFied last night ahead of a decisive battle expected there, following the Coalition's earlier attacks yesterday on
      AP; AFP; Reuters; Bloomberg  -  584 words
    • WARBriefs
      • Article
        Lock icon IMF sees recession risk if war is long
        80 4 Reuters [BERLIN] The head of the International Monetary Fund was quoted as saying a global recession could no longer be ruled out should a long-lasting war in Iraq push up oil prices and dampen consumer confidence. "In the case of a long-lasting
        Reuters  -  80 words
      • Article
        Lock icon Violence erupts as war protests rise
        60 4 AFP [SYDNEY] Anti-war tempers flared mto violence yesterday as thousands of protesters again took to the streets throughout Asia in often rowdy demonstrations against the US-led attack on Iraq. American fast-food restaurants and diplomatic missions were a particular target of the mainly student-led protests
        AFP  -  60 words
      • Article
        Lock icon US seizes frozen Iraqi assets
        110 4 Reuters [WASHINGTON] The Treasury said on Tuesday US banks were in the process of turning over Iraqi financial assets the United States had frozen in the past and last week decided to seize for use in post-war rebuilding. "We're very pleased with the way it's
        Reuters  -  110 words
      • Article
        Lock icon M'sia cancels car sales, shipments
        67 4 Reuters I KUALA LUMPUR] Malaysia will cancel car sales by national carmaker Proton to Iraq, while state-run Malaysian International Shipping Corp has stopped bulk shipments to the Middle East, its trade minister said yesterday. Rafidah Aziz, Minister of International Trade and Industry, also said palm
        Reuters  -  67 words
      • Article
        Lock icon US plans new embassy in Baghdad
        71 4 AFP (WASHINGTON] The United States has earmarked nearly US$36 million to construct a new, well-fortified embassy in Baghdad to represent US interests in a post-Saddam Hussein Iraq, the State Department said on Tuesday. In addition, the department said it planned to spend US$2O million
        AFP  -  71 words
      • Article
        Lock icon UN emergency debate on Iraq
        72 4 Reuters [UNITED NATIONS] The UN Security Council agreed on Tuesday to hold an emergency debate on Iraq but Arab envoys were undecided whether to push a resolution demanding an immediate end to the US-led war. The debate was set for Wednesday at 3 pm (2000
        Reuters  -  72 words
    • Article, Illustration
      Lock icon US war bill set to grow
      968 5  -  l-i I comment ECONOMICS The USs74.9b tag will bulge with US facing ballooning budget, current account deficits vikram khanna AT long last, and after months of silence on the issue, the administration of US President George W Bush has come up with the first
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    • Article, Illustration
      Lock icon French firms also want a share
      386 5 SPOILS OF WAR Reuters [PARIS] The French government has teamed up with industry to examine ways that French companies could take part in the rebuilding of Iraq after the war which Paris staunchly opposed, an employers group said on Tuesday. Despite opposing war in
      Reuters; REUTERS  -  386 words
    • Article
      Lock icon Bush earmarks billions for Iraq coalition allies
      621 5 Reuters (WASHINGTON] It can pay to be a member of President George W Bush's coalition against Iraq. Wrapped into the US$75 billion war budget he proposed to Congress on Tuesday were grants and loans worth billions of dollars for what he called "partners
      Reuters  -  621 words
    • Article
      Lock icon Russia worries about oil interests in post-war Iraq
      494 5 Bnt it won't take part in 'carve-up' of oil riches: DPM AFP [MOSCOW] Russia voiced fresh concern about the future of its oil interests in Iraq on Tuesday, but vowed not to take part in any scramble for the country's oil riches
      AFP  -  494 words
    • Article, Illustration
      Lock icon Boycotts of American goods gain pace
      499 5 Reuters NO MORE Coca-Cola or Budweiser, no Marlboro, no American whiskey or even American Express cards a growing number of restaurants in Germany are taking everything American off their menus to protest the war in Iraq. Although the protests are mainly symbolic, waiters in
      Reuters; AFP  -  499 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      338 6 OTHER SINGAPORE INDICES Mar 26 VALUE CLOSE BTO&QS 330.00 +40.00 BTCAM -*****.00 +138.00 BT l(May MA ******.00 +33.00 AB-SG 354.17 +3.49 SG EqaittM Ekct 120.61 0.24 SG Eqwtm Fin 1134.69 +10.92 SGEffritfM** 318.18 +2.97 MSC1 Sagaporv 162.95 +1.58 SMSOFatew 163.10 +2.80 Stocks Volume L&M lc 41,721,000 AxisUS2c 17.585.000 MultiVis HK7c
      338 words
    • Article, Illustration
      Lock icon DBS seen as better value play than its two local rivals
      272 6  -  HOT STOCK/ WARRANT Ven Sreenivasan THE recent selldown on bank stocks has been prompted by a slew of negative newsflows, led by the expectation that after the Iraq war ends, the Singapore economy is likely to lumber along in
      272 words
    • Article, Illustration
      Lock icon Beware no-news-is-good-news rally
      765 6  -  comment STOCKS r. sivanithy NO matter what moral outrage may surround the current conflict in Iraq, stock market traders appear unlikely to waver in their belief that a quick victory for the US-led coalition is the best tonic for markets everywhere at least in the short term.
      765 words
    • Article
      Lock icon Dollar stabilises, market assesses Iraq conflict
      783 6 Reuters [LONDON] The US dollar kept within recent ranges against major currencies yesterday, unmoved by the latest reports of US-led attacks on Baghdad while investors try to gauge the likely length of the conflict. The dollar was volatile in the first few days of
      Reuters  -  783 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3351 6 UNIT TRUSTS FUNDS Com Global Lifestyle Index Fd 0 80* Com Global Health Index Fd 0 774/ Com Global Telecom indexFd 0 384/ n ?V "*l (S (wu*) Com Global lnfote< Index Fd 1 0.271/ Star Europe Eqty' 0 56/ Com Global Energy Index Fd 0 79V Star Europe Bd.
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  • SINGAPORE companies
    • Article
      Lock icon CityDev net profit trebles, helped by residential sales
      558 7  -  $151 m gain also due to lower provisions and finance costs By Kalpana Rashiwala KWEK Leng Beng's City Developments yesterday posted a full-year group net profit of $151.2 million, up from a restated profit of $53.8 million in the previous year. The
      558 words
    • Article
      Lock icon Nippecraft back in the black with $2.6m profit
      205 7 DIARY and organiser manufacturer Nippecraft Group has returned to the black, earning $2.6 million last year after losing $28,000 in 2001. Nippecraft said the turnaround was mainly due to improved margins resulting from reduced operating expenses, interest costs and a foreign exchange
      205 words
    • Article
      Lock icon More stocks being added to co-trading list of SGX and ASX
      367 7  -  By Ven Sreenivasan THE trading volume may not be great, but that has not prevented the Singapore Exchange Ltd (SGX) and Australian Stock Exchange Ltd (ASX) from doubling the number of stocks on the cotrading list of the two
      367 words
    • Article, Illustration
      Lock icon $1.2m pay for CapitaLand's Liew last year
      284 7  -  Group posted maiden profit of $290.2 m recently Byi Andrea Tan LIEW Mun Leong made $1.23 million running Capita Land, Singapore's largest listed property group, last year. But his accumulated 2.7 million share options as at the end of the year are deeply
      FILE PHOTO  -  284 words
    • Article
      Lock icon Forex loss dampens Ban Joo's interim earnings
      289 7  -  By' Vince Chong THANKS to its foresight, Singapore textile wholesaler and exporter Ban Joo Company sent extra goods into the Middle East from where it derives about 20 per cent of revenues well before the war in Iraq began. The move proved timely
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    • COMPANYBriefs
      • Article
        Lock icon DBS, DBS Financial Mgt unrelated
        82 7 DBS Group and its flagship bank DBS Bank said they are not related in any way to DBS Financial Management pic, which was fined by the UK's Financial Services Authority for "misleading" advertising. They said DBS Group, its subsidiaries and affiliates have no direct or
        82 words
      • Article
        Lock icon April hearing on Excel JM
        85 7 EXCEL Machine Tools said the joint petition for a judicial management order for the company has been fixed to be heard before the High Court on April 14. The board will announce the outcome of the petition once it is decided. The joint petition was
        85 words
      • Article
        Lock icon Transpac Ind in the red
        49 7 TRANSPAC Industrial Holdings sank into the red last year with losses of $1.09 million, or loss per share of 2.72 cents. Transpac posted profits of $911,423 in FYOI. Losses piled on in FYO2 despite an 81 per cent hike in sales to $1.16 million.
        49 words
      • Article
        Lock icon Elec & Eltek names new chairman
        58 7 Elec Eltek names new chairman ELEC Eltek International Company yesterday announced the appointment of Thomas Tang as chairman and managing director of the company. Kenneth Shim was appointed as an independent non-executive director. Messrs David So, Marcus Tsang, Wilson Tam and Johnny Ng relinquished their executive duties and management functions
        58 words
      • Article
        Lock icon Portek's Indon contract extended
        75 7 PORTEK International has obtained an extension of its right to operate the multi-purpose terminal at Banten, West Java by 13 years to December 2022. The right to operate the terminal was to have expired in December 2010. With this extension, Portek plans to proceed with its
        75 words
      • Article
        Lock icon Startech expects 2002 losses
        68 7 STARTECH Electronics, which earlier said it was unclear about its profit prospects, now reckons it would probably report a loss for last year. Last September, the company said market conditions remained difficult with the visibility unclear. With less than a week before it is due to
        68 words
      • Article
        Lock icon Shangri-La to ran GICs Sydney hotel
        44 7 GIC Real Estate, the property investment and management arm of the Government of Singapore Investment Corporation, has appointed Shangri-La Hotels and Resorts to manage the ANA Harbour Grand Hotel. GIC Real Estate bought the Sydney hotel last August.
        44 words
    • Article
      Lock icon SPH may pay special dividend: analysts
      444 7 Interim results seen coming with payout of up to 75 cents a share Bloomberg SINGAPORE Press Holdings may announce a special dividend, returning to investors some $200 million from its sale of a stake in mobile phone service provider Mobile One Ltd, said analysts.
      Bloomberg  -  444 words
    • Article, Illustration
      Lock icon Other company results
      33 7 Interim reaJts Compiled by BT FY2002 COMPANY NET PROFIT CHANGE m Jadason Enterprises 0.20 n/m CHpsal Industries 8.00 -32 Ssmudera Shipping 12.63 -1-79 Noel Gifts* 0.22 -44 TTLHIdgs* 0.73 +188
      Compiled by BT  -  33 words
    • Article
      Lock icon Chinese link should serve Ossia well
      705 7  -  siew vince chong ONE can't judge a book by its cover. Similarly, just as Ossia International is known as a footwear and general sports distributor, investors may just need to scratch a little deeper to discover that there is more to it than meets
      705 words
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  • EXECUTIVE suite
    • Article
      Lock icon HDB Corp name won't be used in S'pore
      519 8  -  Move in response to fears of unfair competition but name can be used overseas Byy Vince Chong HDB Corp, the Housing and Development Board's corporatised building and development arm, will not use that name in Singapore in response to private sector fears
      519 words
    • Article
      Lock icon North to see one-third more industrial land
      760 8  -  KaJpana Rashiwala looks at what the Draft Master Plan 2003 exhibition for the North region unveiled Kalpana Rashiwala THERE is a onethird increase in industrial land set aside for the northern part of Singapore covering places like Woodlands, Sembawang, Sungei Kadut and Yishun,
      760 words
    • Article
      Lock icon 43,000 more homes in region close to nature
      498 8 FANCY living in the northern part of Singapore, home to some of the island's best nature areas like the Central Catchment and Sungei Buloh? If you do, here's some good news. The number of homes in the North region will go up
      498 words
  • Article
    Lock icon COMMODITIES
    1593 8 S1C0M FUTURES Mar 26 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month Htqh Low Sett (tonnes) Interest Apr 03 187.00 May 03 186.50 Jun 03 184.00 Jul/Sep 03 183.00 RSS 3 (US cents/kg) Volume Open Month High Low Sett (ton—i) Interest Apr 03 1 1 105.00
    1,593 words
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      Lock icon Page 9 Advertisements Column 1
      40 9 m I H V M t hong kong government's escl I 1 I hp everything is possible v yji Jfelinlfr B fSSfll jK r 7 B ttr T— I ilA yS _-J It j ,JL~ v 4r .jitfe* tmj._ j"_
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Governing with a sense of history
      743 10  -  OPINION bottom line frank ching The writer is a Hong Kong-based journalist and commentator CHINA'S new premier, Wen Jiabao, assumed office last week just as the war in Iraq was about to begin. At his inaugural press conference, he projected an image of someone
      743 words
    • Article
      Lock icon IN OTHER WORDS
      86 10 'As long as you have a society that is 40-50 per cent poor, 40-50 per cent hungry and 40-50 percent oppressed, the grammar of insurgency will be lere Teodoro Bwrigno a former Filipino government official, on the communist insurgency coming back to life in the Philippines. 'Does
      86 words
    • Article
      Lock icon Bolder action needed from BOJ
      633 10 editorial WHEN the Bank of Japan's new governor, Toshihiko Fukui, called an emergency meeting of the central bank's Policy Board this week, it was hoped he might be prepared to embark on bold new actions to pull Japan out of the trough of economic stagnation.
      633 words
    • Article, Illustration
      Lock icon US breach with world wont heal easily
      880 10  -  But as Europe condemns the US for its stand on Iraq, it bears remembering that it was European paralysis that produced a lot more carnage in Rwanda and the Balkans By Robert J Samuelson The Washington Post Writers Group THE great breach between
      The Washington Post Writers Group; AFP  -  880 words
    • Article
      Lock icon Be wary of new phone services
      431 10  -  I,', Mil bag Leong Sze Hian Singapore SINGTEL recently introduced a Caller Alert service which is free of charge to all Sing Tel postpaid mobile customers on the GSM 900 network. It notifies them of any missed calls when their mobile phone is switched
      431 words
    • Article
      Lock icon Review excessive exec pay
      210 10  -  See Leong Kit Singapore I REFER to the report "Golden parachutes getting more common in S'pore" (BT, March 24). Top pay for top talent, foreign talent (fallen talent?), golden parachutes/umbrellas/handshakes (but no golden boot?).. .Long before these political and corporate buzzwords appeared in Singapore, we have
      210 words
    • Article
      Lock icon Size, not form, matters for dividends
      134 10  -  Narayana Narayana Singapore I REFER to the letter "Declare dividends in cents per share" (Mailbag, March 19) by Denis Distant. While there is much merit in his suggestion, Mr Distant is a little behind the times, as there is now a half-cent par value
      134 words
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      96 10 Fax your letters t*****-*****r emefl them to bttotterQBph.com.9g or write to: The Business Times, SPHHQ, 1000 Toe Payoh North, Podium Level 3, Singapore3lB994. We need your full name, address and telephone number for verification. Mease im tempetmte language, and beer in mind Übei laws. We reserve the right to edit
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      Lock icon Page 11 Advertisements Column 1
      203 11 ,'-T '*•> v £Vv* I' 4>h > V'. V V' f 3f 1 J s /"rT invent v v -,»i -,v v > 1 s y# i» /vT "V"- > 4 w 7 > a \v JlL n ->• > r r< o < 'Av 4;1 X-.. '4 t <y»
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      Lock icon Page 12 Advertisements Column 1
      162 12 l\'\( >i m y 11 ii 'I i i I!i yv. »i < m 11 'i 111' i i i j 11( >| i j i]| ,> i• t t HP technology and HP people equipped the NYSE™ with NonStop 1M servers and storage f f to handle an average
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  • Article, Illustration
    Lock icon FINANCE
    1047 14 Transaction date: Mar 26 PITERBA1IK CROSS RATES A$ C$ Hwb two m lad ti N»ia> To* Won IH B$ Wl» Mi Umi Sfr CT$ »*t Nwi USS Australia 0.880 4.950 0.561 4.652 28.364 ***** 0.717 7.421 2267 1087 34.461 32.026 1.056 4.795 0.127 20.756 25X91 0279 0X96 Canada 1.136
    1,047 words
  • SINGAPORE news
    • Article
      Lock icon Q1 property deals shrink amid gloom, war
      316 14 THE poor investment climate, exacerbated by Iraq war clouds resulted in fewer properties changing hands in the first three months this year. Figures from property firm Jones Lang LaSalle show that investment property sales (excluding asset securitisation deeds) totalled some $459 million in
      316 words
    • Article, Illustration
      Lock icon Higher oil costs boost electricity prices by 17%
      470 14  -  Q2 hike would have been steeper if not for lower power transmission costs By' Tang Weng Fai IN another sign of the impact of the Iraq war on consumers and businesses, electricity prices are slated to increase an average 17 per cent
      FILE PHOTO  -  470 words
    • Article
      Lock icon Mount Alvernia Hospital seeks new chief executive
      344 14  -  Lee Cheow Seng said to be leaving after 3 years Byi Andrea Tan MOUNT Alvernia Hospital is looking a new chief executive officer. Its current CEO Lee Cheow Seng is said to be leaving the not-for-profit hospital after three years. The 303-bed Mount
      344 words
    • Article
      Lock icon Messier-Bugatti opens S'pore facility
      180 14 MESSIER-BUGATTI, a French aircraft braking specialist, yesterday officially opened a facility to assemble electrical passenger seat sub-assemblies. This facility was constructed to support the growth of this new business line in the Asia-Pacific region. The company's new product line Seat Net which is a range of
      180 words
    • Article
      Lock icon DSTA to short-list warplanes in H2
      378 14  -  And choice of first naval chopper will be by year-end By David Boey SINGAPORE expects to short-list "around three" warplanes in the second half of the year from the six advanced multi-role fighters now being evaluated, and should pick its first naval helicopter before
      378 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      262 14 ADVERTISING FEATURE v Strong buy: HP For the stock exchanges around the world, the sentiment is definitely H| bullish when it comes to betting their business on HP infrastructure. J»" Mr Darnel Tar, Executive Vice President, Head of Information Technology. SGX From industry stalwarts like the NYSE to Asian Today,
      262 words
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      100 15 m invent L <. V v r ii\ vi 1 o v :> t, ovpo'o new !outiv.o t: ontior s A v> so K v. o: k>\it»on> iin J >o' \tv s t nnmu r,:\ 'OJSO v/o'-obo! O* P vJtV. rOlk'i O lOruioillK} timos v r\i OVOHjl > S 00:'\1
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  • REGIONAL news
    • Article, Illustration
      Lock icon Sars deaths in Guangdong cities soar to 31
      628 16 HONGKONG More than 100 HE schools closed as another 30 people are infected Reuters AFP CHINA dramatically raised the death toll from a mystery virus yesterday amid world efforts to control an outbreak of pneumonia that has killed at least 50 people
      Reuters; AFP  -  628 words
    • Article
      Lock icon M'sian corporate governance still below expectations
      486 16  -  From] Eddie Teh in Kuala Lumpur STANDARDS of corporate governance have improved tremendously in Malaysia since the precrisis days, but they are still not enough to placate some major foreign investors. Big foreign boys like the California Public Employees' Retirement System, or Calpers, and
      486 words
    • Article
      Lock icon UEM-Renong set to unveil another revamp
      356 16  -  Share trading halt points to changes at bridge-related nnits From Eddie Toh in Kuala Lumpur BELEAGUERED United Engineers Malaysia-Renong group is set to undergo another major restructuring that could see changes to the ownership of the country's major bridges. Renong, Intria and Projek Penyelenggaraan
      356 words
    • NOTEBook
      • Article
        Lock icon Upgrade for That raiting
        70 16 Reuters [BANGKOK] Thai Finance Minister Suchart Jaortsidha said yesterday that international rating agencies Moody's and Standard and Poor** would upgrade Thailand's sovereign rating in the next one or two months due to its improved economic outlook. Separately, Thai Commerce Minister Adisai Bodharamik said yesterday that he
        Reuters  -  70 words
      • Article
        Lock icon Indon business sentimental hits low
        73 16 Bloomberg [JAKARTA] Indonesian business confidence slumped in December and January to its lowest since March 2002 as government moves to cut fUel subsidies raised concerns that earnings and growth may weaken, a survey showed. The Danareksa Research Institute's business sentiment index Ml to 110.4 in
        Bloomberg  -  73 words
      • Article
        Lock icon Thailand to raise rubber exept
        84 16 Reuters [BANGKOK] Thailand, the world's top producer and exporter of rubber, has approved a plan to charge exporters a higher tariff on the commodity shipped out of the country, exporters and officials said yesterday. The plan was approved by the cabinet on Tuesday, officials from
        Reuters  -  84 words
      • Article
        Lock icon Sampoerna unit in China venture
        73 16 Bloomberg [JAKARTA] A unit of Indonesia's second-largsst cigarette maker, PT HM Sampoerna, set up a packaging joint venture in China's Jiangsu prolines, the Indonesian company said in a statement to the Jakarta Exchange. The venture, Jiangsu Liantong Sampoerna Printing Co, will sell products, including cigarette
        Bloomberg  -  73 words
  • Article
    Lock icon STOCKS ASIA
    4379 16 Transaction date: Mar 26 HONGKONG v«i hkrmt i.a unch 86 HKS W- 008 Hong Kong Electnc .31.10 -0.40 1804 Hongkong Chinese -0.61 unch 442 Alpha General 031 ureh 0 Hongkong Chinese Ltd Ml unch 442 Ananda Wing On .0.01 unch 5880 Hopewell Holdings 6 45 unch 1261 Angaria
    4,379 words
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  • REGIONAL news
    • ASIANotes
      • Article
        Lock icon Acer sees 31% drop in '03 profit
        98 17 Reuters [TAIPEI] Taiwan's largest PC maker Acer, said yesterday it expects 2003 net profit to fall 31 per cent as poor market conditions mean it will not sell as many shares in affiliated companies as last year. Acer predicted this year's net profit
        Reuters  -  98 words
      • Article
        Lock icon 24% of HK workers fear losing job
        92 17 AFP [HONG KONG] Nearly one out of four workers in Hong Kong believe they could lose their job in the coming year, a survey by a US-based employment and management consulting firm showed yesterday. A global career confidence index survey conducted by Right
        AFP  -  92 words
      • Article
        Lock icon China 2-mth industrial profit up 120%
        62 17 Bloomberg [BEIJING] Profit at China's industrial companies more than doubled from a year earlier in the first two months 0f2003, helped by surging earnings at energy companies, the government reported. Profits rose 120 per cent to 98 billion yuan ($20.9 billion), the National Bureau
        Bloomberg  -  62 words
      • Article
        Lock icon China mine blast death toll rises to 62
        50 17 Reuters [BEIJING] The death toll from the weekend explosion at a coal mine in China's northern province of Shanxi has risen to 62, state television said yesterday. Ten people were missing and rescue work was under way at the Mengnanzhuang mine. Reuters
        Reuters  -  50 words
      • Article
        Lock icon China bars foreign carriers on route
        86 17 Bloomberg [BEIJING] Foreign-owned airlines will not be allowed to fly non-stop between China and Taiwan when the two sides end their 53-year ban on direct flights, a Chinese government spokesman said. Only Chinese and Taiwanese carriers will operate flights between Taiwan and China, Taiwan
        Bloomberg  -  86 words
    • Article
      Lock icon China slams Aussie anti-dumping moves
      330 17 SYDNEY Chinese say clampdown is harsh and 'unacceptable' AFP CHINA warned Australia yesterday that tightening anti-dumping legislation to restrict cheap imports may hamper the burgeoning trade ties between the two countries. The Chinese embassy confirmed it had told the Australian government that moves to clamp
      AFP  -  330 words
    • Article, Illustration
      Lock icon Warburg out of favour with Manila
      620 17 MANILA Philippine govt angry with investment bank over bond criticism NYT WHILE investment banks in the US are being chastised for sugar-coating their research reports to please companies whose securities they underwrote, the Philippine government is taking steps to punish one investment bank for
      NYT; FILE PHOTO  -  620 words
    • Article
      Lock icon HK may see first Reits by end of the year
      423 17 HONG KONG Government, small developers likely to lead the way Bloomberg HONG Kong's closely held property companies and the government may sell the city's first real estate investment trusts as early as the end of the year, Merrill Lynch Co
      Bloomberg  -  423 words
  • Article
    Lock icon KLSE
    2392 17 Transaction date: Mar 26 KUALA LUMPUR 2"" 4Ne xa 15 Vo j FSBM 1.58 unch 0 KM *1- {'000) FW Industries .0.16 unch 0 Gadang 085 unch 0 ASMReatty 0.70 unch 1 Gamuda .545 005 909 Abric .0.77 002 51 GanadCorp 0.74 unch 10 ACP Industries 3.80 4.04 56
    2,392 words
  • Article
    Lock icon SGX
    836 17 Transaction date: Mar 26 Hi* m Ot q—1 trnAmmm 1 O— Oafi CK OS1 3 980 *0100 Named 50c 0*9 2*70 *0 140 CaprtaLand 1.19 1.150 *0.020 OCK 974 9900 *0150 Chart SerraCond 26c 0 59 0675 *0010 OUt 0 54 SJ90 City Dev 50c 1*3 3900 *0080 Partway
    836 words
  • Article
    Lock icon BONDS & WARRANTS
    512 17 BONDS WARRANTS La« Vat Cmm bar 'oSk Gut C—9—1 s* *m- rmm Ma >1 UK AST1W*****1 175 1 16 168 0.71 15 Aon* Ltd WD41 IK 45 1 SO 891 1.22 20 Amtek W*****0 57 -05 10 1 33 5 151 27 Armstrong MKM0520 05 1 10 62 1300 14
    512 words
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  • WORLD news
    • Article, Illustration
      Lock icon US Senate votes to halve Bush's tax cut proposal
      558 18 WASHINGTON Senators reverse earlier position as concerns over cost of Iraq war monnt LAT-WP Reuters THE US Senate unexpectedly reversed itself on Tuesday and voted to slash more than half of President George W Bush's proposal to reduce taxes by US$726
      LAT-WP; Reuters; AFP  -  558 words
    • Article
      Lock icon G-7 plans tighter rein over credit-rating firms
      483 18 BERLIN It seeks greater accountability for ratings given Bloomberg THE Group of Seven industrialised countries and international financial organisations aim to boost scrutiny of credit-rating companies, German Deputy Finance Minister Caio Koch-Weser said. "We established as a high priority the need to improve
      Bloomberg  -  483 words
    • Article
      Lock icon US durable goods orders sank in Feb
      389 18 LATEST US INDICATORS US new home sales dropped unexpectedly to lowest pace in 21/2 years Reuters AFP Bloomberg AP [WASHINGTON] US orders for big-tick-et items dropped in every category last month except for defence equipment. The decline, which followed a 1.9 per cent
      Reuters; AFP; Bloomberg; AP  -  389 words
    • Article
      Lock icon Economist sees smaller US trade gap
      308 18 WASHINGTON Reuters A LEADING US economist says the decline in the value of the dollar over the past year should reduce the US' record trade deficit by US$lOO billion over the next one to two years. Fred Bergs ten, director of the Institute for
      Reuters  -  308 words
    • WORLDWatch
      • Article
        Lock icon US airlines may get govt aid
        114 18 Reuters [WASHINGTON/CHICAGO] The leader of the US Senate predicted on Tuesday that Congress would grant aid to ailing US airlines, sparking a rally in stocks of the carriers weighed down by an Iraq war travel slump. Remarks by new Senate Majority Leader Bill Frist
        Reuters  -  114 words
      • Article
        Lock icon Japan watchdog to unveil bank rules
        110 18 AFP [TOKYO] Japan's financial watchdog is set to unveil this week a set of rules for banks, a spokesman said yesterday. Breaking the rules would allow the Financial Services Agency to consider converting preference shares it holds in banks into ordinary shares with voting
        AFP  -  110 words
      • Article
        Lock icon US banks doubled profit growth in '02
        136 18 Bloomberg [WASHINGTON] US banks doubled their increase in profits in 2002, relying on low interest rates and a strong housing market to weather the slow economy, a banking regulator said. Net income for banks supervised by the Office of the Comptroller of the
        Bloomberg  -  136 words
      • Article
        Lock icon WTO farm trade talks deadlocked
        133 18 Reuters IGENEVA] Talks to free up world farm trade were deadlocked on Tuesday and negotiators saw little chance of meeting an end-March deadline for a deal. A plan put forward by the chief mediator in the talks at the World Trade Organization has been rejected
        Reuters  -  133 words
      • Article
        Lock icon Official sees gloom for EU economy
        106 18 AFP [BRUSSELS] EU Economic and Monetary Affairs Commissioner Pedro Solbes said on Tuesday that short-term prospects for the European economy were drab. "The short-term prospects for the European economy are not very favourable," he said, blaming the weakness on subdued global trade, high oil
        AFP  -  106 words
    • Article
      Lock icon HealthSouth probe likely to include bankers, auditors
      535 19 BIRMINGHAM, Alabama ÜBS Warburg, Ernst Young expected to come nnder scrutiny NYT Reuters THE investigation into accounting fraud at Health South is expected to widen to include not just executives at the company but also investment bankers and auditors who worked closely with
      NYT; Reuters  -  535 words
  • Page 18 Advertisements
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      107 18 M/€4U\4* Jithtfif and enjoy a lavish spread of ice cream, salads, local desserts and fresh fruit for °nl» I I For reservations, please call 6351 21&& I Where to wine, dine and entertain... A World of Exclusive Privileges Treats 7 wwwjdmersxoiiusg l*^hmu»iar /UK i* j Spring Court I Mjjn I
      107 words
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      266 18 The best place in town where you can sing and dance for the price of one. It's the perfect spot to celebrate your next office or birthday party. Happy Hours Free KTV Room during Happy Hours. Mon to Fri, 6pm to 8.30pm; Sat 3pm to Bpm. Small Room at $38
      266 words
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      47 18 Executive Set Lunch I—VBJTSVi1 —VBJTSVi Experience modish Indian dining by the Waters 12 noon to 2.30pm daily vegetarian menus available per person For Reservations, tel 6345 4466 or fax: 6344 5344 2 Stadium Walk #01 -04 Singapore Indoor Stadium Singapore *****1 (Car Park E for easy access)
      47 words
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      38 18 Where to catch the latest in leisure wear shown off by a bevy of beauties? DbcwwyPub on Friday Fashion Nite V Wk 1 Enjoy 90% off housepours during Happy Hours from 3 to 8 pm on weekdays dayweeke
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      30 words
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  • Article
    Lock icon SGX MAINBOARD
    5510 19 Transaction date: Mar 26 52-Wk Last M Day laftQwta GrOiv H* GrYld MM MCaa Law Cl«)l| Salt W- fMt M0i 1— —ym SdNr Cut M im* ABNAmroNLG 56c t 12 M 1388 20.5 9 ACE Dynamics20c 12 10 12 0 7 8 11 20 111 245 95 AEM-Evertech
    5,510 words
  • Article
    Lock icon SGX XTRANET
    67 19 Lvt M Day Last Quote GrOn Dn CrTW MM MCas W» I— ciwpii Sate W- P88* M0I L— —T» Utm Cm H W M 10J20 89 Diamonds. US8780«d 4860 2)00 ISDjUSTech US3740 Stt S» ISMSCISpor* US555 lino U00 tSSAPSOO US8270 11 MO mo SPORS US8280W) 180S 1230 ST1ETT100
    67 words
  • Article
    Lock icon SGX SESDAQ
    1464 19 n-Ok Lad Vol Day ubOwM GrOn Dm GrYW MM MCm H# U» Cwpir 5*» *4- rww w# L— tm/m Utm Cor fH tai 22 75 A8R HlcJgs Sc 9 -0.5 2 9 9 9 10.5 1? 245 15 AFOdSc -JO -05 6 20 20 20 21 27 2.6
    1,464 words
  • Article
    Lock icon CLOB INTERNATIONAL
    330 19 52-Wk Last Ml Iter 1MQM CrtM* H> GrYW Mat MOf U» r l »|l l| S«4» W- f| t— —yr «*l Cw l« >J 11S n AVienran9A2Sc AIOO «M*i 20 100 100 100 101 40 3.4 10 54 2152 Cathay Pac 20c MK720 265 2.1 74 6 *****2
    330 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      201 19 CRYPTIC CROSSWORD ACROSS 26 Capturing gambit pieces, craftily deter new movement 1 1 I 1 I 1 I I 1 I I of forces (12) DOWN B«M (5,7) Across: 1 At half-mast, 9 Purr, 1 A car should be kept under 15 Brttemess over an attempt to 10 Buttoned up,
      201 words
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  • Page 20 Advertisements
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      72 20 m invent Our 320 km/h laboratory. As the principal sponsor of the BMW WilliamsFl Team, HP provides the supercomputer that is used to design the car and conduct thousands of race simulations, as well as the servers and notebooks used to analyse data that enable the team to make precise
      72 words
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  • BizIT
    • Article, Illustration
      Lock icon Singapore aiming to be digital distribution hub
      777 21  -  It wants revenues from this sector to cross USssoom by 2006, Chellam reports Raju Chellam THERE'S a new niche that Singapore wants to tap. It concerns digital movie production, postproduction, publishing and distribution on the one hand, and software publishing and distribution on
      777 words
    • Article
      Lock icon A new Chinese model
      831 21  -  UTStarcom's growth suggests a maturing technology sector By Russell Flannery THE lawsuit by Cisco Systems against unlisted Chinese network equipment maker Huawei Technologies underscores what the sceptics say is the darker side of China's technology boom theft of intellectual property. But the rise of telecoms equipment
      831 words
    • Article, Illustration
      Lock icon Watch talk
      63 21 [TOKYO] NTT DoCoMo's latest Personal Handy phone System (PHS) mobile phone, Wristomo. being displayed by an employee at the company's HQ in Tokyo yesterday. The waterproof wristwatch phone opens up into afunctional PHS handset by pressing buttons on either side of the watch face. NTT DoCoMo will soon
      AFP  -  63 words
    • Article, Illustration
      Lock icon Going beyond the three beyonds'
      765 21  -  liicomment INFOTECH The pieces of the Jigsaw are coming together, but is something still missing? kenneth james The writer is BT's Technology Editor OVER the past year, Acting Minister David Lim has had several breakfast meetings with senior members of the Singapore IT Federation. And,
      765 words
    • Article
      Lock icon Infineon unveils chip to speed up pharmaceutical research
      197 21 It claims to cut devt process for drugs by opto 2 years Bloomberg [MUNICH] Infineon Technologies AG, Europe's sec-ond-largest semiconductor maker, introduced a chip to speed up the testing process for drugs to treat illnesses including lung cancer and Alzheimer's disease. The
      Bloomberg  -  197 words
    • Article
      Lock icon AOL, Legend put China Net venture on hold
      425 21 Reuters [HONG KONG] AOL Time Warner and top Chinese computer maker Legend Group Ltd have put their US$2OO million China Internet joint venture on hold in the face of grow ing competition, Legend said yesterday. Launched amid much fanfare nearly two years
      Reuters  -  425 words
  • Page 21 Advertisements
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      241 22 ;i I ."-J m 1 V Hpl Id HP helped Amazon.com® design a Linux environment, m «t one that is exceptionally secure, stable, flexible and economical.*Tihe site stays up and running, ensuring that, l H at 2 a.m., you c6n order the odd little item you simply J* A 1
      241 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      259 23 IVS Reuters THE Baltic Dry Index remained static at 1940, the Baltic Capesize Index fell 2 points to 2660, the Baltic Panamax Index fell 6 points to 1824 and the Baltic Handymax Index rose 66 points to *****. TIME-CHARTER: Constantia (built 1996) *****9 dwt delivery Far East early
      IVS; Reuters  -  259 words
    • Article
      Lock icon MARITIME STOCKS
      275 23 MX *000 MrH s$ vx CWT Distribution 0.53 0.03 73 ChuanHup 0.39 -0.01 417 CH Offshore 0.19 0.01 310 Cosco Investment 0.21 0.01 473 Freight Links 0.03 unch 67 GS Holdings 0J« 0.03 7 Jaye Holdings 0.30 0.01 904 Keppel Corp 4.38 0.12 1877 K1 Venture 0.15 0.01
      275 words
    • Article
      Lock icon Supertanker runs aground in Suez Canal
      257 23 No oil spill from Iranian-owned VLCC, traffic not disrupted Reuters [LONDON] An Iranianowned supertanker has run aground in the Suez Canal, Lloyd's agents said on Tuesday, though canal authorities said the vessel was not disrupting traffic or leaking oil. Lloyd's Casualty Reporting said the
      Reuters  -  257 words
    • FORTShots
      • Article
        Lock icon Iraq war disrupts M'sian exports
        131 23 AP [KUALA LUMPUR] Shipments of Malaysian cars and palm oil to the Middle East have been disrupted because of the war in Iraq, Trade Minister Rafldah Aziz said yesterday. National carmaker Perusahaan Otomobil Nas ional. or Proton, was forced to cancel a shipment 0f5,000 cars
        AP  -  131 words
      • Article
        Lock icon China Shipping's spending forecast
        59 23 Reuters [HONG KONG] China Shipping Development Co Ltd, China's second largest shipping company, said yesterday that it expected 2.1 billion yuan (*****.78 million) in capital expenditures, mainly to build ships, from 2003 to 2006. The ships include oil tankers and bulk carriers totalling 810,000 dead weight
        Reuters  -  59 words
    • Article, Illustration
      Lock icon US detains oil tanker in New Jersey, bars 2 crew
      428 23 Egyptian-owned vessel has to replace Iraqi nationals Reuters [LONDON/NEW YORK] The US Coast Guard said it had taken control of an Egyptian-owned oil tanker on the east coast of the United States after boarding the vessel and denying US entry
      Reuters; AFP  -  428 words
    • Article, Illustration
      Lock icon Cosco Pacific's H2 profit up 16%
      489 23 Ports, container leasing account for gain Bloomberg [HONG KONG] Cosco Pacific Ltd, the world's fifth-larg-est container-leasing company, had a 16 per cent gain in second-half profit because of higher earnings from ports and container leasing. Net income at the port arm of China's largest
      Bloomberg; FILE PHOTO  -  489 words
    • AVIATION news
      • Article, Illustration
        Lock icon UPS undergoing makeover to stay trendy
        461 24 Logo changed, catch phrase added to reflect its move into new global markets Reuters [ATLANTA] United Parcel Service Inc said it was changing its familiar brown-and-gold logo and adding a catch phrase to its vast fleet of chocolate-col-oured planes and trucks as part of
        Reuters; FILE PHOTO; AP  -  461 words
      • Article
        Lock icon Fraport's results dragged down by Philippine writeoff
        351 24 AP [FRANKFURT, Germany! Frankfurt airport's operator said it wrote off 293 million euros (*****.8 million) from a contested airport project in the Philippines, pushing the company to a 120 million euro loss last year. Fraport AG will sue to recover all of the
        AP  -  351 words
      • Article
        Lock icon THAI's passenger load factor down
        152 24 Bloomberg [BANGKOK) Thai Airways International, the national carrier, filled less seats in February from a year earlier as travellers choose to stay at home because of security concerns before the start of the US-led invasion on Iraq. The carrier filled 75.8 per cent of seats.
        Bloomberg  -  152 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      114 24 PAGE BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 China Shpg 5 Cougar 5 CWT Globelink ...4 Delmas 4 Dongnama 3 ECL 3 Foong Sun 5 Fujitrans 4 Gemartrans 4 Goodway 2 Hangli 4 Hyundai 4 Heung-A 3 IRISL 5 Kapat Kris 4 Kien
      114 words
    • Article
      Lock icon SHIPPING GUIDE
      9637 28 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Voyage Telephone ETA ETA Advertiser v«l* Voyage Trttphon# SM Deani Nam* Nam* Number Number S4N Destn Name *am« Number Number To BANGKOK (BKK) 2038 Thailand To ABIDJAN (ABJ) 2003 Cot* D'lvoiro 07/04 n/o« tsk sinab bah 048N/S 45+*****52 05/04 21/04 Mows DCLMAS BLOSSEVILLE
      9,637 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        692 31 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL APOLLO 5 3 J4/5 A/SIDE 26/03 0600 BAYSWATER228 E3067 J3 A/SIDE 26/03 0030 BTIQBAL3 MAR26 J1 A/SIDE 26/03 0300 HOANGLONG 2/03 J3 A/SIDE 26/03 0500 MARCOPOLO 46 01/03J J13 A/SIDE 26/03 0630 MAWATANGNGE PV310RTN J16 A/5IDE 26/03 0500 RUBINEAGLE
        692 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1921 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Bertl Name Voy Voy seq berthing Nmb A P MOELLER 0304 0304 1 *****003 02 00 2803-7003 08 00 KM ACX SAKURA 015N 015N 1 *****003 1500 30®3/2003 OS 00 T02 ACX VIOLET 0545 0S4S 1 3003/2003
        1,921 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        123 31 Mar 27 Australia: Aust Day Hold Mar 29 Taiwan: Youth Day Mar 31 Malta: Freedom Day Apr 5 Hong Kong: Ching Ming Fest Korea: Arbor Day Apr 6 Thailand: Chakri Day Apr 13 Thailand: Thai New Year Apr 14 Thailand: Thai New Year Australia: Bank Holiday Apr 15
        123 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        826 31 THIS report, compiled by Cockett Ma rirte 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
        826 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        507 31 Carton HO Mil 9902 0.5 14.9 0.07 5S 0.03 Mar 13 Density Utter IhUm AshAJumintwa Sediment Mo »5ott E25 0 0 0 0 0 0 380 Ave 984.7 02 M.5 0.05 19 0.02 380 Mai 991.4 0.9 183 0.07 64 0.05 M/W3 v/v tuu n/M mi
        507 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Unions, airlines set to face off on war-related retrenchments
        703 32 Dispute over use of force majeure may lead to long-running disputes: analysts Reuters [CHICAGO] US airlines are using the war with Iraq as legal justification for thousands of layoffs, setting off fights with unions that could drag on for months or
        Reuters; REUTERS  -  703 words
      • Article
        Lock icon Sydney Airport's debt rating faces most risk: S&P
        248 32 Review expected if Iraq war is prolonged and air travel dives Bloomberg [SYDNEY] Sydney airport, Australia's busiest and part-owned by Macquarie Airports, has the biggest challenge among the nation's airports to safeguard its credit rating as the Iraq war crimps air travel,
        Bloomberg  -  248 words
      • Article
        Lock icon BA cuts flights to US
        202 32 AFP [LONDON] British Airways (BA) has cancelled flights to the United States and is due to announce further revisions to its schedules due to the ongoing Iraq war, the airline said on Tuesday. One of BA's London to New York services has already been called
        AFP  -  202 words
      • WARShots
        • Article
          Lock icon American may cut domestic capacity
          107 32 Reuters [DALLAS] AMR Corp's American Airlines, which cut its international capacity due to the war in Iraq, said it may also reduce domestic flight capacity if the conflict further weakens demand for air travel. In a taped message to employees on Monday, AMR chief executive
          Reuters  -  107 words
        • Article
          Lock icon JAL considers reducing flights
          59 32 Bloomberg [TOKYO] Japan Airlines System, Asia's biggest carrier, may cut flights on some international routes because of falling demand caused by passengers' concerns over the war in Iraq. The company is considering cutting flights depending on demand, as passenger numbers are falling," said company spokesman Tatsuo
          Bloomberg  -  59 words
        • Article
          Lock icon Alitalia cancels East flights
          43 32 Reuters [ROME] Italian state-owned airline Alitalia said in a statement on Tuesday it would cancel flights to Dubai, Beirut, Amman and Damascus between yesterday and April 13 due to the war in Iraq and falling demand for transport. Reuters
          Reuters  -  43 words
      • Article
        Lock icon Wellington Airport sues Air NZ for NZ$7m in fees
        273 32 Airline refused to pay back-dated aeronautical charges at new rate Reuters [WELLINGTON] Wellington International Airport Ltd (WIAL) is taking Air New Zealand to court seeking NZ$7 million (Ss6.B million) in under-paid fees, the airport's majority owner Infratil said yesterday. Air New
        Reuters  -  273 words
      • Article
        Lock icon Metal fatigue cracks found on plane
        224 32 CHDfA Aft-tlißß CTABH AFP [TAIPEI] Taiwan's flight safety authorities said they have found metal fatigue cracks and damage on a China Airlines' Boeing 747-200 which ploughed into waters off the island last year, killing 225 passengers and crew, officials said Tuesday. The ill-fated plane
        AFP  -  224 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1858 32 aw maw n> maw o» son otoo sojm MM* 1MTTI MO U7J05 223} ***** *50 SO 125 T545 0f5 2255 Kmtv+m S023 0635 IU38 2330 JJIIJ 1"® GA975 0815 S036 2345 64 2350 S***** 1650 S026 2350 MT306 *25 WTO 2359 tactM U*«7 *50 1*9816 2025
        1,858 words
      • Article, Illustration
        Lock icon Repair of badly damaged SIA jet to take 16 days
        262 32 AFP [AUCKLAND] A fully laden Singapore Airlines Boeing 747 which hit its tail on the runway as it took off from Auckland airport a fortnight ago will be in the repair hangar for 16 days, the company said yesterday. It
        AFP; REUTERS  -  262 words
  • Page 23 Advertisements
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      53 23 Fir advariMag/MNCripleNe, caN Bernard Ong: *****645, Joe Wong: 6319 2062 HP: *****327 Email: wongwsjOsph.com.ag Far edNorial aiattera/apedai Mmc BethJhks: 6319 5214, George Joeeph: 6319 5772, Donald Urquhart 6319 5197 Fax *****261 Martedng/lrafAc: D Surendran: 6319 2109, Main Mappere Piaae HoMnge Km: 6319 6319, Far 6319 8197/6319 8188 a-mal: MsNpCcytoerway.comjg Internet
      53 words
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      Lock icon Page 23 Advertisements Column 2
      22 23 Unions, airlines set to face off on lay-offs BACK PAGE Wellington Airport sues Air NZ BACK PAGE Makeover for UPS PAGE 2
      22 words
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      Lock icon Page 23 Advertisements Column 3
      98 23 |^^o!jQ^y^^2J^^^^T»e*elbeall«oMre^BOOM9Mß2/Be«flr6av2tesp^2y NOTICE TO TRADE INDONESIA PORTS SURCHARGE PANJANG Following the announcement made by PELINDO II that the port tariff for Panjang will be increased on 1 April 2003, the following feeder operators serving Panjang, Indonesia wish to inform the trade that the Indonesia Ports Surcharge (IPS) on all SOC shipments
      98 words
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      492 24 I NORTH AMERICA 1 Bfc, QULF/INDIA SUB-CONTINENT ISUPCfi SHUTTLE EXPREBB (BSX) KUIJ KWCMIEXPRQ3 WKX) I vtssa I ¥OTic» 'ari m msa I vot I jm I dam I mm sm 00Q KIT AM 57W10 12/03 31/03 OMIT KO NBUOVD MM Hi 10/03 N/03 23/03 01/04 OOaKWYOM mn7 H #3 ,3
      492 words
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      Lock icon Page 24 Advertisements Column 2
      640 24 lines services represented by fcfcfell/ Attracted Shipping Aoenh. Logics Snggpora Shipping Association AssocKihon ULY UNE MALE nrasa vor eta iu eta A f.KUW6 SfOtl mil Princess Lily 0303 03/04 05/04 14/04 Mold Star 538 A 13/04 15/04 24/04 Empress lily 0303 23/04 25/04 03/05 Mold carrier 738 A 03/05 05/05
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      939 25 TO USA (SAX SERVICE) VESSEL VOY SIN ETA LAX OAK DAI HOO CHI COl MIM ATI NYC Aft CANADA UK 02/04 17/04 21/04 22/04 22/04 22/04 22/04 22/04 25/04 2S/04 API SCOTLAND 116E 09/04 24/04 20/04 M/ 04 29/04 29/04 29/04 29/04 02/0S 02/0S aplielgium iuT io/04 oi/os os/o$ 00/
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      1618 25 DIRECT CALL TO pM COLOMBO 4 DAYS coßui team m SMurox w iombon n m-oo smb/mcs thj mmsu7/4i ful mmswi/m I Si™*™ 6 ™"D --rs- sg? sss bandar abbas ■12 days joNorsoma: awn mnsim tntTioo I {QSTM wage O) SWIMP lEL >7-***** M F<UL«;imi7« INTRODUCING:- APPITIOWAL SERVICE TO REP SEA
      1,618 words
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  • Page 26 Advertisements
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      1091 26 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Himpi|r wwmj— MO. IWtttOOOH |wga nor ai sou w |mi| mr hmi weT\ |vroa voT|sou|ia|rM|Mn|nm|»y T* NT HKMNSS MM 10/ M 01/ M H/03 11/13 M/ 03 NTHBOM MM M/ 01 22/01 M/ 01 M/ 01 15/01 Aft MUM) 107W 13/01 30/03 01/04 03/04 MISOUmON
      1,091 words
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      440 26 WX WAN HAI LINES V 1EU*****5M FAX: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN CALLING SIN EVERY THURSDAY TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* For mora details, cmil HOTLINE: *****588/1800-*****00 HiiHli rasa m m m m ia jakam mr asia express uu
      440 words
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      725 26 1 BSA xl MYANMA SB FIVE STAR UNE (*T~ NBHobbl UM) vtssa vor sm ph pbi pgb PAGAB 304W S» NPMN 304W IPT M BALATSIA: IOUSTIAD SHIPPING AGENCIES ML 03-*****)00 MO; 03 317*4101 POfc *4-******7 BANK LINE (A Mrvict Aairtw Wmt Shifpi*|) Normaouwp to eukore V CONIAJNHt, ROSO, NUI t
      725 words
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  • Page 27 Advertisements
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      1166 27 Ivtsstl VOY KHH MKO IMN I MU I DXS »A« PMM BSC MAN KERMAN PCL 304 25/03 26/03 29/03 30/03 07/04 08/04 13/04 17/04 MAN ISFAHAN PCL 305 01/04 02/04 05/04 06/04 13/04 14/04 20/04 22/04 MAN HOOMOZOAN PCI 306 04/04 09/04 12/04 13/04 20/04 21/04 24/04 30/04 MAN TEHRAN
      1,166 words
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      487 27 i RSI UK CONTINENT SERVICE Loatftngtor OCEAN ISLAND RDM/ATW/BMNAJK/MAN NURTEN ANA ROM/ATW/BMN/UK/NANTES Loads Singaporß. E7W Mateyata. mdoneaa MIDDLE-EAST SERVICE Loading for ATI-UNA DBl/ABU/DOH/BRN/DMM/KWT V IPIROS HELLAS DBl/ABU/DOH/BRN/DMM/KWT ISSAC LIGHT DBl/ABU/DOH/BRN/DMM/KWT SOURIA DBl/ABU/DOH/BRN/DMM/KWT PLAMER ADN/HDO/JDH/AQA Toads Sngapore, E7W Matey'M. IndoneM USA SERVICE Loadngfor YOU SHENG CAM/NFK/SAV/NOL AROURA AMETHYST CALANOA MZLAAX/VCW •Loads
      487 words
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      879 27 JffiSß JSH Hi JBSa m m m r*u** wim W/M nm nemo* hm um_ls^ZZ Bia a/H uzh— -tttliu ms *m «/5— Wlta 01 m 01/ M Htmum 1115 07/44 M/ 94 mum WITH 07/04 03/04 MCOAU 773* 10/04 Mnei niH hzm MZM_ PA<OAOOA MI9N 05/04 05/04 I m/m wo* vtssa
      879 words
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  • Page 31 Miscellaneous
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      119 31 5 FOR 7AM 27 Mar 2003 Issued by Meteorological Service Division,NEA LEGEND: I <C Thunderstom Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots Hazy A
      119 words
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