The Business Times, 31 March 2003

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Total Pages: 34
1 34 The Business Times
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  • Title Section
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    13 1 THE BUSINESS TIMES JHTIVFUM4ffi3/2003 85C SINGAPORE Internet: http://business-times.asial .com.sg MONDAY, MARCH 31, 2003
    13 words
  • Article, Illustration
    Lock icon Fat exit pay for top execs? Don't bet on it
    808 1  -  p:ii exclusive Study overturns some widely-held views about golden parachutes By Wong Wei Kong [SINGAPORE] A new study on directors' pay confirms what many pundits already know: the most popular company car for top executives here is the 'S' Class
    Source: W Wye  -  808 words
  • Article
    Lock icon MARKETS
    64 1 Week Change STI 1318.43 -7.7 2 KLSECOMP 634.96 +2.79 NIKKEI 225 8280.16 +85.11 HANG SENG 8863.36 -***** SET INDEX 369.53 +5.91 JAKARTA COMP ...404.43 +1039 MANILA COMP .1038.23 +6.08 TAIPEI WPI 4477.01 -109.91 SEOI'LCOMP 556.33 -19.44 SHENZHEN B 200.07 +2.94 Al'ST ALL ORD -2861.20 +2180 DOW JONES 8145.77 -376.20
    64 words
  • Article
    Lock icon FINANCE
    76 1 FOREX RATES US* 3$ L'SS (SS per I'SS) 1.769 £(ISS/SS per 1.562 2.764 El"R()(I SS/SS/E). 1.070 1.893 YEN 120.2 67.90 RM 3800 2.148 HKS 7.799 4408 BAHT 42.94 2427 Rl'PlAH 8.905 5.0TB RENMINBI 8.299 4 691 INDIAN Rl PEE 47.56 26.88 PRIME RATES SINGAPORE* 5.25 KIALA Ll'MPTR 640 HONGKONG
    76 words
  • Article
    Lock icon 48% earnings surge masks reality facing SGX firms
    584 1  -  By Teh Hooi Ling [SINGAPORE] The profits of Singapore's listed companies in the latest reporting season have shown an impressive surge but there's little reason to break out the champagne just yet. The total net earnings of the 261 companies which have
    584 words
  • Article
    Lock icon Full-time score
    86 1 As of yesterday, 261 SGX-listed companies had released their financial results for the full year ended Dec 31, 2002. They recorded a combined S$5,207.1m in group profits, up 47.8% over the same period last year. The breakdown is as follows No wtth proftta i188 No with low i
    86 words
  • Article
    Lock icon The death of Opec may be greatly exaggerated
    1353 1  -  Ylkram examines the emerging politics and economics of oil Vikram Khanna WELL before the year is out, the United States will be calling the shots at the Organisation of Petroleum Exporting Countries (Opec), courtesy of an American-backed regime in Baghdad. The US
    1,353 words
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      4 1 sum 8 "*****1 *****4
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      87 1 7 'jA OUTBREAK Virus more infectious than expected, says Lim Hng Kiang; Changi Airport steps up health screening, Pg2 Proactive plan to fight Sars needed, I MailbagPglO Kb v* Sars poses threat to traveller confidence, I Shipping Times Pg 10 ■■mi IBM's chip coup could benefit Chartered Semicon t BT
      87 words
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      26 1 MB AND THE MARKETS Snowball effect of longer battle J Wall Street hunkers down PIKJV 4 *.»>t i'i jjj( .-if wrtyj? -> Ji k« S Si Eft
      26 words
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  • NEXT page
    • Article, Illustration
      Lock icon Sars virus more infectious than previously thought: Hng Kiang
      731 2 Tighter screening at Changi Airport as sth S'pore index case is identified [SINGAPORE] Health Minister Lim Hng Kiang said yesterday that there was new evidence that the Severe Acute Respiratory Syndrome (Sars) virus was more infectious than previously thought. The breath
      AP  -  731 words
    • Article, Illustration
      Lock icon Taking design to the bosses
      607 2  -  Designs pore Council aims to push message to corporate chiefs, reports Chn&ng Peck Ming Chuang Peck Ming EDMUND Cheng has not fully firmed up what the Design Singapore Council will do, but the chairman of the newly formed body seems bent on putting design on
      607 words
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      446 2 TA. t M M Executive Network. Leadership Journey. 7he Professionals in Executive Education School of Business Management PhD in Business Management -loth intake May Doctor of Business Admin (DBA) 7th intake Executive MBA Bth Intake April MBA in General Management -35thintake July MBA in Strategic Marketing 35th intake July GMs,
      446 words
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  • WAR IN IRAQ
    • Article, Illustration
      Lock icon Military and economic risks mount for US
      575 3 A drawn-out battle could jeopardise US economic recovery and sharpen anti-US cries [WASHINGTON] AS President Bush and his aides dig in for a longer war than first hoped for, they face a sobering prospect: Longer and tougher combat will create a ripple effect
      REUTERS  -  575 words
    • Article
      Lock icon Huge Jakarta rally leads anti-war protests in Asia
      126 3 Bloomberg AP Reuters [JAKARTA] More than 100,000 Indonesians jammed the streets of Jakarta yesterday shouting anti-American slogans over the Iraq war, as 200 foreigners in Beijing rallied in China's first government-approved protest over the conflict. Elsewhere in Asia, up to 50,000 people
      Bloomberg; AP; Reuters  -  126 words
    • Article
      Lock icon Warfront: DAY 11
      186 3 SUM pn As aerial and artillery bombardment on Iraqi positions continued, US Central Command chief General Tommy Franks rejected reports yesterday that there was a pause in the drive of US-led forces towards Baghdad. The earlier reports cited some military officials telling troops that the pause could
      186 words
    • Article
      Lock icon Wall St hunkers down for some heavy selling
      699 4  -  Bleak outlook could wipe out recent gains on Wall St, say analysts From Andrew Marks in New York WALL Street is bracing itself for a rough week as the progress of the war and the outlook for the US economy turn ugly.
      699 words
    • Article
      Lock icon Bechtel a top contender for post-war deals
      501 4 SPOILS OF WAR Allies angered by sidelining of non-US companies NYT AFP [WASHINGTON] The Bechtel Group has emerged as one of the top two contenders for the major contract to reconstruct Iraq, insiders say, but the way the contracts are being awarded has
      NYT; AFP  -  501 words
    • Article, Illustration
      Lock icon Rumsfeld aides linked to contractors
      233 4 Bloomberg [WASHINGTON] Nine members of the Defence Policy Board, which advises Defence Secretary Donald Rumsfeld, have ties to companies that have won more than US$72 billion in defence contracts in the last two years, according to the Centre for Public Integrity. The board's chairman, Richard
      Bloomberg  -  233 words
    • WARBriefs
      • Article
        Lock icon Battle for Baghdad likely in mid-April
        87 4 Bloomberg AFP [WASHINGTON] The first vessels carrying equipment for as many as 20,000 troop reinforcements in Iraq won't arrive in Kuwait City until about April 8, a Defense Department official said, a schedule that will delay their entry into combat or peacekeeping operations. Separately,
        Bloomberg; AFP  -  87 words
      • Article
        Lock icon Saddam's bunker is nuclear-proof
        86 4 AP [BERLIN] A bunker under Saddam Hussein's presidential palace was built to be nuclear-proof and is likely to withstand conventional bombing, a German expert who says he helped design it said yesterday. The bunker was designed to withstand a nuclear blast 200 m away as powerful
        AP  -  86 words
      • Article
        Lock icon Suicide bomber injures 26 in Israel
        79 4 AFP [NETANYA, Israel] A suicide bomber blew himself apart at a cafe in this Israeli coastal city yesterday, injuring 26 people but killing no one but himself, Israeli police said. Shortly before the blast the head of military intelligence, General Aharon Zeevi, had warned
        AFP  -  79 words
      • Article
        Lock icon Iran denies involvement in war
        83 4 AFP [TEHRAN] Foreign Minister Kamal Kharazi yesterday rejected US accusations that Iran was meddling in the war in neighbouring Iraq, echoing a strong denial by government spokesman Abdullah Ramezanzadeh the previous day. Charges by US Defense Secretary Donald Rumsfeld that Tehran was allowing hundreds of
        AFP  -  83 words
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      57 3 1 Providing m i I cool coafoft ;s- I ■for commercial fl V EESS22S.I I buildings. http://www.hltachiptani hbt ne |p MH|j| Shave up to 20% off |hA|3Jb your operational costs! Find out how FACT, the leading-edge REALTIME Accounting Software can I help you do just that. And that s a
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      109 3 «r jf </ av cjV .o A v c» <v t J^l ■MyffT'j "'ft jira^jiSj^B /B Global meetings at your convenience SingTel WorldConference removes geographical boundaries and provides you with an efficient and cost-effective way to communicate with your business associates 24 hours a day, 7 days a week, from
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      268 4 Masterchef Food Promotion Q Epicurean Delights haute indian cuisine 31 March to 4 April 2003 Savour the harmonious matrimony of classic European cuisine and devout native recipes in 3SSoCi3tiofl by renowned Master Chef Floyd Cardoz Master Chef Buffet Lunch $32 Pan Pacific 6-course Epicurean Dinner Vw $115+++ (Vegetarian menus also
      268 words
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      1607 4 1 LOST SHARE CERTIFICATES The following sharv certificates have been reported lost destroyed or mislaid:GUOCOLAND LIMITED Certiffortt No, Nam? No. of Shares *****12 Lee Lai Met 1x2,000 KEPPEL CORPORATION LIMITED *****56 Taye Alan I 468 *****26 do 1 x 1.000 *****22 -do- 1 x 250 *****00 -do- 1x625 PRIMA LIMITED
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      327 6 OTHER SINGAPORE INDICES Mar 28 VALUE CLOSE BTOMDS 223.00 -64.00 BTCAM -*****.00 +18.00 BT 10-day HA -*****.00 +23.00 AB-SG btuftm 352.11 +1.12 SG Equities Elect 119.07 -0.17 SGEMWnFia 1134.04 +9.70 SG Equities Prop 313.17 -0.42 wasimipw 162.18 +0.83 SiMSCJ Futures 161.90 +0.50 Stocks Volume Ocean Sky 5c 123,709.000 LAM lc
      327 words
    • Article, Illustration
      Lock icon Hong Leong Asia sitting pretty on sound longer-term fundamentals
      266 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan BETTING on China has paid off handsomely for Hong Leong Asia (HLA), with its China units contributing strongly to a turnaround last year. Last week, the company announced that it had swung to a net
      266 words
    • Article, Illustration
      Lock icon The dogs of war
      813 6  -  l-l I comment STOCKS r. sivanithy THERE'S an old gag that goes, "Why does a dog lick itself?" No, there's no deep, philosophical meaning to the question and, in fact, the answer is delightfully simple: "Because it can". (Delivered with appropriate glee, the implication is, of
      813 words
    • Article
      Lock icon Forex markets nervous about a protracted war
      622 6 AFP [HONG KONG] Asian currencies traded in a narrow range over the past week as markets became nervous that the US-led war on Iraq could drag on longer than expected. Japanese yen: The yen see-sawed against the US doUar in a week of
      AFP  -  622 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      514 6 Paymm* b Ml Pay ICB) data daaa AJtareen Prop SOc F 3 50 02-May 07-May 20-May ASJWdgs 20c b 500 05-May OMlJy 19-May Brilliant Mfg Be b oao IB-Mar 21-Mar 02-Apr Brilliant Mfg Sc S OJO IHrfar 21-Mar 02-Apr CEI Contract 5c c 0 50 14-Apr 17-Apr 29-Apr
      514 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3221 6 UNIT TRUSTS FUNDS Com Global Lifestyle Index Fd 0 822/ Com Global Health Index Fd 0 783/ Com Global Teletom Index Fd 0.391 MR Amu xiinl Mgt (5 |WtJ Com Global Infotec Index Fd!" 0-273/ Star Europe Eqty! 0.553/ Com Global Energy Index Fd 0 808/ Star Europe Bd 1.V92J
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      112 7 SONY .is;' 1 At selected dealers only. Any items requested for but not supplied within the original product packaging shall be considered additional and chargeable. W e/;a wega Sony will not undertake any form of drilling or fixtures at the customer's premises. Terms and conditions apply. Km m THE AT
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Harvey Norman's flagship sails on
      499 8  -  ftt exclusive] New PertamaCEO to import ideas from Australia, focus on retailing component By Vince Chong FOR cynics out there betting that Harvey Norman's giant 55,000 sq ft store at Millenia Walk will soon downsize given the economic slowdown, think again. Martin Dunkerley, a 41-year-old
      ARTHUR LEE  -  499 words
    • Article
      Lock icon IPO candidate Technics aims for $100m sales in 5 yrs
      309 8  -  By Elgin Toh SESDAQ aspirant Technics Group Holdings certainly cannot be faulted for lack of ambition. It intends to grow its revenues from the current $29 million to $100 million in five years a feat requiring a compounded annual growth
      309 words
    • COMPANYBriefs
      • Article
        Lock icon Tuan Sing plans to refuce capital
        68 8 TUAN Sing Holdings Limited has proposed a capital reduction exercise to reduce the par value of its shares from $0.25 to $0.01 each. The company said the proposed exercise is aimed at reducing part of the capital no longer represented by available assets as
        68 words
      • Article
        Lock icon Wizoffice turnover slumps 94%
        68 8 ALL is not well at Wi2office.com. The company is downsizing its existing business to nearly zero and is pinning its hopes on "potential new businesses". For the fUll year to Dec 31,2002, Wizofflce turnover dwindled 94 per cent to $544,000. It chalked up losses of $5.8
        68 words
      • Article
        Lock icon Heshe slips back into the red
        67 8 DIVERSIFIED Heshe Holdings has slipped back into the red with losses of $1.7 million for the six months to Dec 31,2002. This compares with net earnings of $2.8 million a year ago. Turnover was down 47 per cent to $18.8 million. Heshe said it
        67 words
      • Article
        Lock icon Sea View posts $1.1m interim loss
        61 8 SEA VIEW Hotel sank into the red at half time with losses of $1.1 million. Revenue was down 18 per cent to $4.7 million. Things will get worse. The company said the outlook for the hotel industry in Singapore has worsened in view of
        61 words
      • Article
        Lock icon Aztech narrows loss to $17.8m
        60 8 AZTECH Systems has managed to trim its full-year losses 5 per cent to $17.8 million. Turnover was up 5.5 per cent to $160 million. The outlook is bleak. The prevailing weak global economic sentiment and an unpredictable geo-political environment will weigh heavily on consumer demand
        60 words
      • Article
        Lock icon Rotol returns to the black
        54 8 ROTOL has turned around from a loss of $363,000 in 2001 to a profit of $247,000 last year, despite a 9 per cent drop in turnover to $12.7 million. The directors do not expect the performance in the next financial year to be better than
        54 words
    • Article
      Lock icon Developers' earnings: crunch time next year
      649 8  -  ■TST33 lock siew kalpana rashiwala SINGAPORE'S major property groups have posted improved results in the latest reporting season. But what does the current year bode for them? Based on consensus forecasts of analysts polled by Multex Global Estimates, major listed property groups here should
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Exec chairman Raj Mitta resigns from Arthur D Little
      638 9  -  He's left options open for now, bnt is keen to help S'pore firms enter India By Ven Sreenivasan Raj Mitta, who led the management buyout of the Asian arm of global consulting firm, Arthur D Little (ADL), has left the firm
      ARTHUR LEE  -  638 words
    • Article, Illustration
      Lock icon Young S'poreans' false sense of security worries Sim
      514 9 SINGAPORE'S foremost entrepreneur Sim Wong Hoo is worried about the republic's future. The biggest crisis, he thinks, is that Singaporeans do not admit that they are facing a crisis. "Many are still saying that things are fine," he told Zaobao in an
      514 words
    • Article, Illustration
      Lock icon Total surplus of post and telco firms up 18%
      409 9  -  =tf =4 on the economy services By Teh Hooi Ling POST and telecommunications companies in Singapore raked in higher total operating surplus in 2001. The total surplus, or total receipts minus expenditure and depreciation, amounted to S3 billion 18 per cent
      Source: DOS  -  409 words
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      80 9 iCaM ;J&.. _y -v >'| i.'5^SW rr Via .Mrti-y "ft' iif "4' ■ifl| 1 —*gH» iSv&S H '$t*« 6 v *i *n ■Mi '-'hY*~>* >-.-11"* 1 >*" *v£ .V; v /tC **'^.'v<• IcLi T.- i¥-&»r t t >*.* -..-Hr-V »> •-> <-• «*< xL£„? k r jky «r»< W ii
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  • MAIL bag
    • Article
      Lock icon Proactive plan to fight Sars needed
      389 10  -  Hazel Tan Lee Hong ALLOW me to commend the Ministry of Health and Ministry of Education for making the prudent move to shut down schools to control the spread of the Severe Acute Respiratory Syndrome (Sars). However, I feel great unease at Minister Lim
      389 words
    • Article, Illustration
      Lock icon Robinson's staff excel, with a few exceptions
      243 10  -  Kim Ong-Giger I REFER to your report, "Robinson's people give it the edge" (BT, March 26) Yes, it's a pleasure to shop at the Robinson Group of stores. I particularly appreciate the good sales staff from Robinson's and Marks Spencer at Centre point.
      BHL FILE PHOTO  -  243 words
    • Article
      Lock icon Weak reasons for higher NEL fares
      241 10  -  Narayana Narayana I REFER to the letter "Get views on North-East line fare" by Leong Sze Hian (Mailbag, March 21). While agreeing in principle with Mr Leong's suggestions, from experience, he should have realised that any steps that Singaporeans take to be "more involved
      241 words
    • Article
      Lock icon Mindsets need to make a U-turn
      204 10  -  Tan Kok Tim FIVE MPs mentioned the No U-Turn sign story by Sim Wong Hoo in Parliament during the Budget debate. There must be a good reason for the Land Transport Authority not adopting the American No U-Turn system. If we do, No U-Turn
      204 words
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      2108 10 I Scotiabank THE BANK OF NOVA SCOTIA (Incorporated in Canada with Limited Liability) dolors (millions) except per share amounts I CONSOUDATED BALANCE SHEET CONSOLIDATED STATEMENT Of INCOME H A* at October 31 For lh« jr«ar tmltd October 31 H ASSETS 2002 2001 INTEREST INCOME 2002 2001 Cash resources Loans 10,70*
      2,108 words
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      15 10 Reach your shareholders and potential shareholders by publicising your company's financial results in our newspapers.
      15 words
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      778 10 HEnil||lß|H Caß toll-free 1800 289 8822 MANTINC (S) PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION WINDING UP) Al an extra-ordinary general meeting of the members of the Mantinc (S) Pte l.td held at I North Bridge Road *19-04/05 High Street Centre Singapore *****4. on February 18. 2003 at 11.00 a.m.. the following
      778 words
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      32 10 FTiin Lianhe Zaobao Bj YOU standto I oeam 1 030,0001 I For every IPO I I candidate I I introduced to I I investment I I banks I I I I I
      32 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon HK brokerages face major shakeout
      718 11 HONG KONG Freeing of commissions, exacerbate poor demand Reuters ROGER Leung, a 20-year veteran of Hong Kong's financial industry, will be out of a job next month. His firm, one of hundreds of tiny, often family run, brokerages catering largely to small-scale retail investors in
      Reuters; REUTERS FILE PHOTO  -  718 words
    • Article
      Lock icon M'sia headed for US's deep freezer?
      605 11  -  Eddie Tab There's a definite chill in ties now, but Mahathir has some good advice for Bush, says Eddie Toh DON'T expect United States President George W Bush to invite Malaysian Prime Minister Mahathir Mohamad to Washington again. The chief spokesman for Malaysia has
      605 words
    • NOTEBook
      • Article
        Lock icon Cardinal Jaime Sin hospitalised
        47 11 AP [MANILA] Roman Catholic church leader Cardinal Jaime Sin, who helped oust two Philippine presidents over alleged corruption, was brought to hospital yesterday after experiencing convulsions apparently set off by a recent stroke, his spokesman said. Cardinal Sin, 74, is in stable condition.—AP
        AP  -  47 words
      • Article
        Lock icon Thailand poised to balance budget
        36 11 Bloomberg [BANGKOK] Thailand may balance its budget this fiscal year, four years earlier than targeted, because of higher-than-expected tax revenue and economic growth, Prime Minister Thaksin Shinawatra said on Saturday. Bloomberg
        Bloomberg  -  36 words
      • Article
        Lock icon Filling Indian finance minister's post
        58 11 Bloomberg [NEW DELHI] ICICI Bank managing director KV Kamath and Housing Development Finance Corp chairman Deepak Parekh are being considered for the top position in India's finance ministry, the Financial Express said. Finance Secretary S Narayan retires in June. At least four government candidates are
        Bloomberg  -  58 words
      • Article
        Lock icon Viet graft trial enters decisive phase
        77 11 AFP [HANOI] Modern Vietnam's most explosive corruption trial, which opened in Ho Chi Minh City on Feb 25, has entered a decisive phase with the questioning of top officials. Truong Van Cam is on trial for his life, facing seven charges ranging from bribery
        AFP  -  77 words
    • Article
      Lock icon Thai companies planning IPOs unfazed by Iraq war
      351 11 mBANGKOK Reuters MANY Thai corporates will go ahead with listing plans in the second quarter to raise funds for expansion to capitalise on the country's strong economic growth despite market uncertainty due to the war in Iraq. More than eight small and
      Reuters  -  351 words
    • Article
      Lock icon EU trade chief to meet Asean ministers
      506 13  -  Pascal Lamy will present his plan to boost EU-Asean trade in Laos From Shada Islam in Brussels EUROPEAN Union trade chief Pascal Lamy will present his plans for a new EUAsean trade-expanding deal to a meeting of the region's economic ministers in Laos
      506 words
    • ASIANotes
      • Article
        Lock icon Taiwan to service China plane
        71 13 AFP {TAIPEI] A Chinese civilian aircraft is expected to fly to Taiwan for the first time in half a century as early as May to undergo maintenance here, it was reported yesterday. Shanghai Airlines plans to separately contract Taiwan's Far East Airport Transport Corp and
        AFP  -  71 words
      • Article
        Lock icon Lien Chan to contest 2004 polls
        50 13 AFP IT Air El J Taiwan s leading opposition party Kuomintang (KMT) yesterday nominated its chief, Lien Chan, as the party's candidate to run in the 2004 presidential elections. Mr Lien, vice-president in the former KMT government, received approval in an unchallenged race. —AFP
        AFP  -  50 words
      • Article
        Lock icon Indian firms repay US$$1b in debt
        89 13 Bloomberg [NEW DELHI] Tata Power Ltd, Oil Natural Gas Corp and other Indian companies have paid back US$l.l5 billion of high-cost foreign debt in the past six months, ahead of schedule, the Hindustan Times reported. The companies were encouraged by the finance ministry to
        Bloomberg  -  89 words
      • Article
        Lock icon Study highlights graft in Bangladesh
        37 13 AFP [DHAKA] At least 75 per cent of foreign aid received by Bangladesh does not reach its intended target because of corruption, a study by the private News Network said on Saturday.—AFP
        AFP  -  37 words
      • Article
        Lock icon Shanghai bank lifts profit 21%
        61 13 Reuters [SHANGHAI] Shanghai Pudong Development Bank, in which US financial giant Citigroup Inc has invested, said on Saturday that net profit grew 21 per cent year on year in 2002, helped by a sharp rise in loans. The medium-sized bank, one of China's four listed
        Reuters  -  61 words
      • Article
        Lock icon China's TV to go digital by 2015
        62 13 Reuters [BEIJING] Chma plans to broadcast digital television nationwide by 2015, the China Daily said on Saturday. The plan, which aims to end the current analogue system in favour of digital TV production, transmission and reception, could create a market for digital products
        Reuters  -  62 words
    • Article, Illustration
      Lock icon Japan concerned about rampant piracy in China
      405 13  -  It also complains about rise in anti-damping practices From Anthony Rowley in Tokyo THE problem of "rampant counterfeiting and piracy" in China is one of the chief concerns voiced by Japan's Ministry of Economy, Trade and Industry (Meti) in its latest report on
      REUTERS  -  405 words
    • Article
      Lock icon Oil prices rebound on Iraq war, Nigeria unrest
      793 14 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices turned tail and bounded higher last week as initial hopes of a quick end to the war in Iraq faded and concerns mounted about disruption to Nigerian supplies. GOLD: The gold market remained relatively stable as
      AFP  -  793 words
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      164 11 Now you can! with Amcor air purifiers. Now you can reduce airborne germs and allergens in the air. But with the Amcor series, you can breathe easier. The Amcor HEPA Clear employs the same True HEPA (High Efficiency Particulate Arrestance) technology as hospital operating theatres and cleanrooms, removing all germs
      164 words
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      1990 12 r— WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2002 The Directors of Wing Tai Holdings Limited are pleased to announce the unaudited consolidated results for the six months ended 31 December 2002. 1 (a) CO INCOME STATEMENT (d)(D
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      86 13 V l> Y* it n -rr •> v' f <* 1 y y, "•> v Piaget, the secret garden •'«*> i VjE •«>. f m ;<• V v "j i}: V f v.- •A 'N 7 r i f r- t 3* < t I PiageT PIAGET POLO Geneve PIAGET
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  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    1180 14 FINANCE COMMODITIES Week ended: Mar 28 SDIOAPOBE OOVERMMEMT SECU1UTIE8 DIPICATIVE PRICES AMP YIELDS Prict Prie# Twtnw MrtBrtty U* V TII K OWw TwCwp— Mrtwtty TIM m Hw 7 YR 2.250 1-Apr-03 N*****0S 2.68% 0.43% 99.99 100.04 5 YR 2.625 1-0ct-07 N*****0H 1.56% 1.55% 104.65 104.70 7YR 2.500 15-JWI-03 N*****0F 0.78%
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  • Article
    Lock icon COMMODITIES
    1607 14 SICOM FUTURES Mar 28 RU88ER Future? (Closing priccs) RSS1(Sce«U/kg) Close VetaM Opm Month High Low Sett (tows) Interest Apr 03 185.50 May 03 185.50 Jun 03 182.75 Jul/Sep 03 ***** RSS3 (UScwrtVlq) Volume Open Month High Low Sett (tonnes) Interest Apr 03 105.00 105.00 104.00 «00 1050 May 03
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  • WORLD news
    • Article
      Lock icon Services: US has little to offer WTO
      585 15 Deadline today for members to make offers to open services market AP AFP Reuters THE United States is unlikely to offer foreign services companies much new market access in negotiations at the World Trade Organization. The WTO members face a deadline today to
      AP; AFP; Reuters  -  585 words
    • WORLDWatch
      • Article
        Lock icon Deloitte ends plans to spin off unit
        44 15 Reuters [NEW YORK] Accounting firm Deloitte Touche Tohmatsu on Friday said it is abandoning plans to spin off its consulting arm after the unit's management team was unable to obtain adequate financing to fund the deal. Reuters
        Reuters  -  44 words
      • Article
        Lock icon Commerzbank plans more job cuts
        47 15 Reuters [FRANKFURT] Germany's Commerzbank will announce plans to cut another 2,ooojobs today and step up the amount of credit it makes available to medium-sized firms, the Financial Times reported. The move would come on top 0f4,300 cuts already announced last year. Reuters
        Reuters  -  47 words
      • Article
        Lock icon Global Crossing Jan loss at US$93m
        51 15 Bloomberg [MADISON, New Jersey] Global Crossing Ltd, the bankrupt communications-network owner, had a loss of US$93 million in January and said sales rose by a third to US$236 million. In December, the company had net income of US$l92 million and sales were US$l7B million.
        Bloomberg  -  51 words
      • Article
        Lock icon Takenaka looks cm the bright side
        65 15 Reuters [TOKYO] Economics Minister Heizo Takenaka summed up Japan's economy in the financial year ending today as better than expected, even though falling prices remained a major problem and a war in Iraq left the outlook uncertain. Mr Takenaka said GDP will have risen
        Reuters  -  65 words
      • Article
        Lock icon AMP may sell cattle ranch arm
        72 15 Bloomberg [SYDNEY] Life insurer AMP Ltd may sell its Stanbroke Pastoral Co unit, which operates the world's biggest ranch, to shore up capital eroded by a stock market slump, Nine Network reported, citing no one. It may sell Stanbroke to either Australian Agricultural Co
        Bloomberg  -  72 words
    • Article
      Lock icon AOL may revise earnings again
      440 15 WASHINGTON LAT—WP Reuters THE Securities and Exchange Commission has told AOL Time Warner Inc that it may have improperly accounted for up to US$4OO million in advertising revenue from German media giant Bertelsmann, prompting the company to warn on Friday of another possible earnings restatement.
      LAT—WP; Reuters  -  440 words
    • Article, Illustration
      Lock icon Schwab CEOs give up options worth up to US$55.6m
      331 15 Bloomberg (SAN FRANCISCO] Charles Schwab Corp, the biggest discount broker, said founder Charles Schwab and cochief executive officer David Pottruck gave up 2.6 million stock options in 2002 worth up to U5555.6 million and cancelled others from 2000 and 2001. They
      Bloomberg  -  331 words
    • Article
      Lock icon Bitter exit from UK for Harrods owner
      299 15 LONDON Bloomberg MOHAMED Al-Fayed, owner of London's Harrods department store and Fulham Football Club, is leaving the UK to live in Switzerland after what he called "grossly unfair" treatment by the tax authority. "I am leaving with a heavy heart, because this is
      Bloomberg  -  299 words
    • Article
      Lock icon Rules needed to cater to variable options accounting
      562 16 NEW YORK Companies' different calculation methods make comparisons difficult for investors NYT LURKING in the small type of corporate financial statements is a new problem that threatens the ability of investors to divine the true health of a company's earnings. Companies are
      NYT  -  562 words
  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    1155 15 Compiled by Thomson Financial l/B/E/S The stock recommendation la the avenge of all the recommendations submitted RECOMMENDATION FORECAST by analysts following the stock. There Is a total o< 29 broken submitting recom- COMPANY NAME THS WEEK LAST WEEK EPS (C) PE (times) mendationabut not every stock is followed
    1,155 words
  • Article
    Lock icon SGX
    871 15 Week ended: Mar 28 mmm m o— oi»|i m»<> o— awp C*C 0.50 3 «0 *0040 Matte* 50c 0.70 2*80 *0020 CaprtaLand 1.14 1.100 -0010 OOC 9*5 9750 Chan SemCond 26c 0 58 0660 OOC 056 6-000 *0100 Oty Dev 50c 1 76 1760 -0000 Parkway H 25c 0J9
    871 words
  • Article
    Lock icon BONDS & WARRANTS
    556 15 BONDS WARRANTS Laat Vol Cmm bar *Mbc tMr-% Company Sat* «ar- rMO) Bate Price If laft ASTIW*****1 17.5 1 16 205 0 63 15 Acma Ltd W*****6 AS 1 50 891 1.22 20 Amtek W*****0 57 unch 51 1 33 2 1.55 27 Armstrong W*****0 0 5 1 10 75
    556 words
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  • Article
    Lock icon SGX MAINBOARD
    6167 16 Week ended: Mar 28 U-Wk Last Vol Weak UflQvot* GrtHv Mv GfYW Net MCap MM> Uw Coiwtn i<l« (HOP) Wgk law Buyer it/km Cvr PH Swfc ABNAmroNLG 56c 12 3.4 1318 19 9 ACE Dynam«s20c..... 11 -1 50 11 11 11 14 5 0 7 8 12 18
    6,167 words
  • Article
    Lock icon SGX XTRANET
    50 16 a w. JTu. SrSL 6 0 ***** 89 Diamonds US8780cd 4860 2700 IS Oi US Tech US3740 555 555 IS MSG Sport US555 ***** B2X ISS4PS00 US8270 ***** 8280 STOW US8280 1805 12» snrmoo 1321 -13 16 1350 1320 1322 1355 1417 1214 STIETFIO0V 1333.7 -7.9 1353 *****
    50 words
  • Article
    Lock icon SGX SESDAQ
    1652 16 U-M Lact Ml Dm* Lift Quota GrOtv Mv GrVW Hm MCje u» Cga Ufa w- nw w» iw l»» Mg Cw wi $3 a 75 ABA Hldgs 5c -0.5 2 9 9 9 10.5 174 14.5 15 APOiISc21 *2.5 9«3 22 19 20.5 21 27 2.6 6 4
    1,652 words
  • Article
    Lock icon CLOB INTERNATIONAL
    338 16 Sl-m Lar Vat Weak UstQuot. GrOt« M« GrYW MM MCaa N»i Law Ciwpil U* W- rOW I— mym i+m Cw W W ITS II AV Jennings A2Sc A100 *1 331 100 98 5 100 101 40 3.4 10 5* 215 J Cathay Pat 20c HIC720 265 2.1 7.4
    338 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Lock icon Page 16 Miscellaneous Column 1
      334 16 CRYPTIC CROSSWORD 1 Take as relevant 8 Outlaw hit and killed by |p|^ 12 Game though loud eccentric Hf HTißb 13 Preparing for a getaway (7) HhH 15 See about a mere foot (7) 16 Drink's taken around ten in I I i |H America (5) ~~TBBH "IBB 17 Note
      334 words
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  • CHINA focus
    • Article, Illustration
      Lock icon Young men with a vision
      791 17  -  LOH HUI YIN Two enterprising Singaporeans tell LOB BUI YIN how they won a UN contract for a project in Tibet Fresh-faced, earnest and filled with a great desire to explore. And explore they did, which rewarded them with a business consultancy project that brought
      CHRIS LOH  -  791 words
    • Article
      Lock icon Unsure about investing in China? ICH can help
      307 17  -  By Loh Hui Yin ICH Group, which has investments in the sports and fitness industries in China, is now taking it a step further selling its services to other Singapore companies which want to venture there. The Singapore company's ICH China Consulting
      307 words
  • Page 17 Advertisements
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      10 17 1 10, COMANDANTE DEL TEMPO. 2 ~t-. iti i *--vt*
      10 words
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      375 17 mm W wmm £lM has partnered renowned Mgj| I Hr institutions to you a top-rate senior management programmes A J| v% 4k meet the needs of today's seroor ■VIdlld&6IT1 Gilt executives and managers Proßrammes I Strategy, Creativity and Leadership: Combining the key elements for success in the modern organisation by
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  • BIZIT
    • Article, Illustration
      Lock icon Time is right to tap China's IT services
      803 18  -  Singapore firms should make their move now because growth will peak in 2004, say analysts. Rqju Chell&m reports Raju Chellam Singapore-based companies wanting to grab a piece of China's market for infocomm services should make their move right away by partnering with
      Source: IDC China; REUTERS  -  803 words
    • Article, Illustration
      Lock icon The China juggernaut
      145 18  -  By Raju Chellam HOW strong will China become in infocomm? Here's a glimpse, according to research house Gartner Inc: China will overtake the US to become the world's largest fixed-line telecoms market this year. China is already the world's largest market for mobile phones with 203 million
      AFP  -  145 words
    • Article, Illustration
      Lock icon Singapore's largest research institute steps out
      694 18  -  pj^xciusive Just 4 months old, the Institute of Infocomm Research has qnickly defined its role By Tang Weng Fai IMAGINE trying to power a boat by putting out a piece of cardboard to change the airflow instead of having a saU. That's probably how
      ARTHUR LEE  -  694 words
    • Article, Illustration
      Lock icon IBM's Nvidia coup changes chip game
      75 20  -  IT comment INFOTECH An unexpected winner could be Singapore's Chartered Semicounductor lee han shih A bomb hit Taiwans fab operators Nvidia chips which the game hav changed parts of IBM to help design funds to follow TSMC and Yhis arrangement suits all The writer
      75 words
    • Article
      Lock icon HP pitching new solutions to S'pore's mobile telephony market
      566 22  -  Tech providers scrambling to grab a piece of rich investment pie here, reports Amlt Roy Choudhury Amit Roy Choudhury WITH Singapore's mobile data applications market on the rise, lett-Pac-kard is pitching its telecommunications platform and solutions to all the telecoms companies
      566 words
    • Article, Illustration
      Lock icon The future of retail banking delivery
      780 22  -  SAY IT stephen onufrey A DECADE ago, some were predicting that the Internet would replace branch banking, resulting in customers banking over the telephone and the Net. Today, the reality is that the customer is a multi-channel user, with the branch still acknowledged as
      780 words
    • ON THE SHELF
      • Article, Illustration
        Lock icon New Handycams from Sony
        94 22 SONY Singapore has launched new models of Its Digital Handycam DCR-TRV series. The models are: DCR-TRV 19E, a value for money, no-frills video camera. Price* $1,299. DCR-TRV22E, which comes equipped with a Memory Stick media slot for greater ease of image storage and transfer. Price: $1,499.
        94 words
      • Article
        Lock icon Two Net security solutions
        71 22 WATCHGUARD Technologies, a leading provider of Internet security solutions, has released the Firebox 500, a firewall appliance for small businesses requiring perimeter security, and Firebox V6OL a high-performance Firebox Vclass security appliance for mid-size enterprises with firewall/VPN performance and scalability. The products will be available in
        71 words
      • Article, Illustration
        Lock icon Digital cameras from Casio
        85 22 CASIO Computer has added two new cameras to its EXILIM series of card-size LCD digital cameras. They are: EXILIM ZOOM EX-Z3tftff), which features a CCD with 3.2 megapixels resolution plus a high-performance 3 X zoom lens. The camera is already available in Singapore and costs $799.
        85 words
      • Article, Illustration
        Lock icon New speed dome camera
        63 22  -  Compiled by Amit Roy Choudhury TF.LKEYE has introduced a new surveillance camera, the Tele Eye DMB6O. It comes with a 352X-zoom capacity, is available in indoor and outdoor models, and can be controlled locally or remotely through the Internet and phone line. The camera will be
        63 words
    • Article
      Lock icon Kyocera offering new mobile services in S'pore
      386 22  -  By Angela Tan in Singapore wnu are keen to get hitched will be getting more help when mobile content and data service provider Kyocera Communications Asia Pacific (KCAP) starts a marriage bureau matching service. And this is just the tip of the iceberg.
      386 words
    • ITTAKES
      • Article
        Lock icon M'sian PC maker heads here
        46 23 PERBADANAN Komputer Nasional Berhad (Nascom), Malaysia's manufacturer of the PC Suria line of personal computers, has set up a marketing office in Singapore. It plans to sell its range of desktops and notebooks in Singapore. For details of products, visit: www.pcsuria.com.sg.
        46 words
      • Article
        Lock icon can.com portal relaunched
        63 23 GREEN Dot Internet Services (GDIS) has relaunched can.com.sg as a location-based interactive lifestyle portal. In conjunction with the launch, GDIS has kicked off the Big Search 2003, an island-wide treasure hunt, which is offering prizes in cash and products worth $100,000 in total. There is also a
        63 words
      • Article, Illustration
        Lock icon All on wireless at Yahoo
        57 23 YAHOO! South-east Asia, supported by the Infocomm Development Authority's Wired with Wireless initiative, has launched a section about all things wireless at http://mobile.yahoo.com.sg/www. The site will provide a key selection of news and practical information for people who have yet to make full use of
        57 words
      • Article
        Lock icon Aussie IT firm opens S'pore office
        70 23 WILLHART, a specialised Australian IT procurement company, has opened a Singapore office for its business unit, Byte Power Technology. According to Willhart chief executive officer Alvin Phua, the office will support the high level of interest in the Asia-Pacific in the company's Mediator Intelligent
        70 words
      • Article
        Lock icon Abacus deal for Thai agencies
        50 23 ABACUS-connected travel agencies in Thailand will now be able to issue their customers with electronic tickets for travel on five more airlines: United Airlines, KLM, Lufthansa, Northwest and China Airlines. Earlier, electronic ticketing in Thailand was enabled for flights on Singapore Airlines and Cathay Pacific.
        50 words
      • Article
        Lock icon Genovate adds IT services, training
        74 23  -  Compiled by Amit Roy Choudhury GENOVATE, a Singapore-based provider of value-added educational programmes, has formed a strategic alliance with West Lake Internet Training to provide comprehensive IT services and training to serve current and prospective clients in the Asia-Pacific region. West Lake focuses exclusively on
        74 words
    • Article, Illustration
      Lock icon 'Hacktivists' wage Iraq war on-line
      654 23 Activists spawn viruses, hack into enemy websites AFP [NICOSIA) As battles rage in the Iraqi desert, pro- and anti-war "hacktivists" are using virtual weapons to take out enemy websites and cause on-line shock and awe. The Internet activists fall roughly into three categories: patriotic Americans,
      AFP; AP  -  654 words
    • Article
      Lock icon New Microsoft server software finally
      479 23 PC makers will start loading Windows .Net Server onto machines Reuters [SEATTLEI Microsoft Corp, the world's largest software maker, said last Friday it has completed work on its flagship server software for managing computer networks, which will ship next month after a series of delays.
      Reuters  -  479 words
  • Page 18 Advertisements
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      294 18 lntiltlilMp Swnhw Reporting and analytics converge for powerful management and maximum business April 2003 Pi 4 30£>m A, I f Venue: Ballroom 111, 3, Singapore Marriot Hotel, M; 320 Orchard Road, Singapore *****5 3| To register, please your details «Kdudingname,* designation, company company no 1 and email address to southasia@crystald<tljihns.com
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  • Page 19 Advertisements
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      119 19 t J I invent V^E. The store never closes. HP helped Amazon.com® design a Linux environment, one that is exceptionally secure, stable, flexible and jjfl I -y 8 I economical.'The site stays up and running, ensuring that, at 2 a.m., you c6n order the odd little item you simply jgfc
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      808 20 SembCorp y Logistics SEMBCORP LOGISTICS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 32nd Annual General Meeting of the Company will be held at the Function Room, Level 3M, 5 Clementi Loop, Singapore *****6 on Tuesday, April 22, 2003 at
      808 words
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      Lock icon Page 20 Advertisements Column 2
      969 20 SembCorp SEMBCORP LOGISTICS LTD (Incorporated in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of SembCorp Logistics Ltd (the "Company") will be held at the Function Room, Level 3M, 5 Clementi Loop, Singapore *****6 on April 22, 2003 at 9.45
      969 words
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  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      95 21 W\. >X\ v\ x v\\\N\\\ >X V, X \\l\ Tht wopra, of Memphli. FedExyme very nodel of corporate efficiency, looks for new ways to improve service. Hfyfelppa FedEx IT managers deploy HP OpenView l i£ *1 wnicblets them identify and correct pofrentojHssues and simply. The running I JP, that producesjKifspy
      95 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      123 22 Featuring New A-La Carte Menu ¥¥71- i 1* "1 J. X* Presented Diners Olul) Credit C3rd to apply, can: 6416 0980 Where to wine, dine ana entertain... I >1A 1 >jm ranq mahal Buffet Lunch, Noon to 2.30pm Dinner 6.30pm to 10.30pm (Closed for lunch on Saturdays) For reservations, call
      123 words
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      Lock icon Page 22 Advertisements Column 2
      156 22 Hr Since 1975 our worldwide < 275 multi-disciplined profess "Y including lawyers chartered ,ic ountants > J 4 chartered secretaries .m,i b.r>-r y provided confidents' ario company formation in .iH th»- mac if i< v. tax r areas including Th© WOrld S Incorporation Fees from USS500 Full profession.! I'ter >.jle>
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      Lock icon Page 22 Advertisements Column 3
      79 22 Wh»n you wont a pwlKt start to the rest of your lit*. «o»( It to the experts! Call our HOTIINI 4414 I OS) to speak to our Wedding Planners and find out how you can have a perfect wadding celebration right herel Heavenly INa lanqutt Choice of t-couraa Chinese Dinner
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      Lock icon Page 22 Advertisements Column 4
      113 22 Can't decide what to have for lunch? Spoil yourself with a bit of everything from our International Buffet Lunch spread from Monday to Sunday. Local favourites Include Hainanese Lamb Stew, Local Fried Noodles. Nonya Laksa, Roast Duck. Soya Sauce Chicken and ice Kachang with choice of Ice Cream. International Buffet
      113 words
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      Lock icon Page 22 Advertisements Column 5
      48 22 ~1 THE NEPTUNE T CO I I V I Q. U A T DIANXIN AT THE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 OcttmOm Vlanaged by Mentus Mandarin Singapore 7th Floor. Overseas Union House, Cotlyer Qui> Singapore *****1 Tel: *65 6223 4185
      48 words
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  • Page 23 Advertisements
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      639 23 m m 11 APRIL 2003 Io RLD GOLRMIET SIMMIT MARINA MANDARIN SINGAPORE 8.30 am to 3pm i_ ■ji^«Hji.^iH,i»iJji»iJ.i,jmJUMJ)^MAiiiiijiiijiJuim^ij^iJLJUJUJ A First in POTltini Understanding the economic importance of Pearl Kenneth G. Morrison Managing Partner, River Delta Mazars International (Hong Kong). Celebrate the art of exquisite dining in Pontini, where for the
      639 words
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  • Page 24 Advertisements
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      344 24 WHY NOT CREATE A PLACE WHERE EVERY CIO'S DREAM COMES TRUE? iForce 8 1 Solution Centers let evaluate Bring in your best ideas. Your most you test your dream solution ambitious, competitive initiatives. Even before you fully invest. your problems. And let best-of-breed Why spend countless hours and dollars ■MJBi
      344 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Int'l cruise lines continue to give S'pore a miss
      578 25  -  Small Japanese ship the latest to rhangp plans on Sars fears By Beth Jinks [SINGAPORE] International cruise lines continued to shun Singapore due to the contagious viral Sars fears, with Japanese liner Pacific Venus bypassing a scheduled call at the port
      REUTERS  -  578 words
    • Article
      Lock icon SHIP SALES
      312 25 Contributed by Simpson Spence Young WITH the war in Iraq having commenced, it is to be expected that an element of caution will be iitfected into the markets in general. However initial indications are that buyers are still actively seeking tonnage. ww jt niBPTPnn. World Nord: 150,903 tdw
      Contributed by Simpson Spence & Young  -  312 words
    • Article
      Lock icon MARITIME STOCKS
      275 25 sex 'ooo MarZf *h HI CWT Distribution 0.56 0.01 14 Chum Hup 0.39 unch 115 CH Off short 0.19 unch 66 Cosco Invostmant 0.21 unch 210 Freight Links 0.03 unch 0 GB Holdings 0.58 unch 0 Jay* Holdings 0.31 -0.01 334 Ktppal Corp 4.34 0.02 1703 K1 Ventura
      275 words
    • Article, Illustration
      Lock icon Profit of AP Moller's liner unit plunges 67%
      539 25  -  Freight volumes np nearly 8% last year over 2001 By Donald Urquhart [SINGAPORE] Danish industrial and shipping conglomerate AP Moller reported a 41 per cent rise in net profit to 12 billion Danish kroner (Ss3 billion) for the full-year 2002 while its
      FILE PHOTO  -  539 words
    • Article
      Lock icon Modern Terminals eyes stake in Dachan Bay project
      514 25  -  HE company wants at least 50% of container port in Shenzhen By P T Bangsberg HONG Kong's second-largest container terminal operator, Modern Terminals, plans to take a significant stake in the newest project in the rapidly expanding Shenzhen complex just across the
      514 words
    • Article
      Lock icon Recent pirate attacks rouse terrorist fears
      257 25 Hijacked ships a security threat: M'sian official AFP [KUALA LUMPUR] A spate of attacks on chemical tankers by pirates armed with automatic weapons in Indonesian waters has heightened concern over their vulnerability to terror groups, a Malaysian security official said yesterday. Three attacks on
      AFP  -  257 words
    • PORTShots
      • Article
        Lock icon New joint N Europe-E Med service
        99 25 [SINGAPORE] Evergreen, Lloyd Triestino and Zim will launch a new joint weekly service linking North Europe and the Eastern Mediterranean next month. The Europe-Levant Express (ELS) service will launch on April 11 and deploy four 2,000 TEU chartered vessels. The fixed-day port rotation is
        99 words
      • Article
        Lock icon 6,600-TEU Maersk ship calls at PTP
        146 25 Bernama JOHOR BARUI The Axel Maersk, among the world's biggest container ships, made a maiden call at the Malaysian Port ofTanjung Pelepas on Friday, starting a once every eight weeks Asia service. The 6,600 TEU capacity vessel was built in January and registered in
        Bernama  -  146 words
    • Article, Illustration
      Lock icon Will EC end anti-trust immunity for conferences?
      727 26  -  XJHER SCENE By David Hughes LAST week was a busy one for those of us who follow the twists and turns of the debate over antitrust immunity for liner shipping companies. The European Commission (EC) started its investigation into liner conferences' anti-trust immunity
      FILE PHOTO; BLOOMBERG  -  727 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      200 26 PAGE Avant 8 B'tang Mas 5 BSA 4 BSC 8 BTL 8 Cargoways 8 CMACGM 3 COSCO 3 Chahaya 8 China Shpg 5 Confer 8 Cougar 5 #CWTGlobelink ...4 Delmas 4 Dongnama 3 EP Carriers 8 ECL 3 Eng Lee 8 EIS 8 ESP Lines 4 Foong
      200 words
    • Article
      Lock icon SHIPPING GUIDE
      12463 30 THEBUSINESSTIMES EXPOR- ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n None Heme Number Number SIN Dest n Name Name Number Number 14/M 14/05 MOL P40 NED ACAPULCO 42»E *****004* To ABIDJAN (ABJ) 2003 Cot* D ivert 21/M 21/05 MOL PM> NED ALT1PLANO
      12,463 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        600 33 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BESTPESCADO 4 J5 A/SIDE 31/03 2300 MARC0P0L072 03/03J J7 A/SIDE 31/03 0630 MARE THRACIU 006E J18/19 A/SIDE 31/03 0900 NEW NANJING 0307 J14 A/SIDE 31/03 2100 NURTENANA E423 J15/16 A/SIDE 31/03 0300 POE 2410 3103 J13 A/SIDE 31/03 0630
        600 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1993 33 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un Berth Name Voy Voy scq berthing Nmbr ACXDAHUA 0605 060S 1 *****003-0800 01/0******800 AC* HIBISCUS 077N 077N 1 0104/*****800 0104/2003 2000 ALTONA 0323 0322 1 01*14/2003 21:00 **********00 AMBER 1 038N 038N 1_ **********00 020******900 AMBU 1
        1,993 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        144 33 Mar 31 Malta: Freedom Day AprS Hong Kong: Ching Ming Fest Korea: Arbor Day Apr 6 Thailand: C.hakri Day Apr 13 Thailand: Thai New Year Apr 14 Thailand: Thai New Year Australia: Bank Holiday Apr 15 Thailand: Thai New Year Apr 17 Philippines: Maundy Thursday Apr 18 Australia:
        144 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        768 33 THIS report. compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead at single prices for a more comprehensive description at the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        768 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        465 33 Carftaa *0 Mm 9902 03 M.9 0.07 55 0.03 Mar 13 OMltr Hater Mto AUAIibIiIim 5—i1 E2S 0 0 0 0 0 0 1 ZZZ 3W Aw *4.7 02 Hi 0.05 19 0.02 r.— 300 Mu 991.4 0.9 »J 0.07 64 0.05 WW *H W mm*
        465 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Sars outbreak a threat to traveller confidence in Asia
        704 34  -  Many countries stepping np monitoring of arriving air passengers By Donald Urquhart [SINGAPORE] Airline screening and quarantine for passengers who may be infected with severe acute respiratory syndrome (Sars) continues as industry analysts warn that the viral outbreak poses a serious
        AFP  -  704 words
      • Article, Illustration
        Lock icon EU will not subsidise airlines over Iraq war
        329 34 States will be allowed to help airlines only in certain cases AFP [BRUSSELS] European Union transport ministers oppose the idea of blanket public financial aid to airlines to offset the effects of the US-led war on Iraq, Greek Transport Minister Christos Verelis
        AFP  -  329 words
      • Article
        Lock icon JAL, ANA ratings may be cut: Moody's
        115 34 Bloomberg [TOKYO] Japan Airlines (JAL) and All Nippon Airways (ANA) may have their credit ratings cut by Moody's Investors Service, which said the war in Iraq and the Japanese economy may hurt the carriers' earnings. Moody's said in a release it placed the
        Bloomberg  -  115 words
      • Article
        Lock icon MAS eyeing more destinations in India
        231 34 It is also keen to increase existing services Bernama [NEW DELHI] Malaysia Airlines (MAS) is looking at flying to more destinations in India, says a report in the financial daily, the Hindu Business Line, quoting the regional manager of the airline, Syed Abdullah Aziz.
        Bernama  -  231 words
      • LOGBook
        • Article
          Lock icon Lufthansa bookings fall on Iraq war
          76 34 Bloomberg [FRANKFURT] Lufthansa, Europe's No 3 airline, said bookings have fallen as much as 9 per cent during the last 10 days as the war in Iraq discourages travellers from flying, management board member Stefan Lauer said. "The Iraq war is having a massively
          Bloomberg  -  76 words
        • Article
          Lock icon TAM to lay off 6% of workers
          107 34 Reuters [SAO PAULO, Brazil] Brazil's second-largest airline, TAM, said it would lay 0ff470 employees, or about 6 per cent of its work force, in response to increasingly dismal times in the aviation industry. The cuts were TAM's second round of layoffs in six
          Reuters  -  107 words
        • Article
          Lock icon 4 US airlines' junk bonds downgraded
          115 34 AFP [NEW YORK] Rating agency Standard and Poor's downgraded the junk bond-rated debt of four US airlines including the world number one American Airlines' parent AMR Corp, warning the Iraq war will hurt traffic. "The downgrades reflect financial damage from reduced revenues and deeper
          AFP  -  115 words
      • Article
        Lock icon United to cut pilots' pay by 30% under proposed deal
        573 34 About 7,800 pilots to vote on it with results expected on April 11 Bloomberg [CHICAGO] UAL Corp's United Airlines, the world's sec-ond-biggest carrier, will cut pilots' pay by 30 per cent and proceed with plans for a low-cost airline under
        Bloomberg  -  573 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1951 34 on hjbw ro maw w aw aa MM* 1*73(1 1840 8*7)82 2215 Fr«thrt IH9762 0700 SO 126 U)0 Wl IW aa S025 0700 8*7)05 2250 S035 0*55 (L834 2255 W9764 144S 0f5 22SO 6*975 0855 $036 2345 LK77» 2305 K1837 1455 LK778 1555 ****** 2305 ******
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      175 26 n dI r l I To all Valued Customers Business Associates we are pleased to announce that NYK Line (Asia) Pte Ltd has been appointed by Tokyo Senpaku Kaisha, Ltd., (T.S.K. Line) as its General Agents for Singapore. This appointment will take effect from Ist April 2003. For all your
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      384 26 Lines services represented by 4 ((jffil &OT l 9 h Singapore Shipping Association iqhoo cotrouwts/ Xov/ CONVDfTKMAI CAICO rail KLMtG/SMGAratl/iMUUrU t MNGKX VW ETAPKL ETA SIN ETA MALE PItMH Lih MS «/M 14*4 Maid Star &MA IVM IVM U%4 LILT MARINE SERVICES SINGAPORE IW OH MMMMI fto: C3347M4 St A*
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      1193 27 TO EUROPE FROM EUROPE vtssa vot si at km ano ham my sou w llvesa |*w t» mm ham ntv son m HYUNDAI GONIAL 343W 31/0312/04 10/04 20/04 72/04 16/04 MOIMBHIY *****1/03 13/03 IS/03 14/0301/04 Milan 112W 03/04 23/04 25/04 21/04 MUM IMC 14/03 16/03 11/03 02/04 UNDOES 006W 04/04H/0421/04
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      1371 27 BK jflKj- 10-12 DATS IMAM <s«daio 12 days AQAIA (JORDAN) 10 DAYS etmuu AGOm M SMGATOM MMMHOantll-M SAUJ/K6S TIL MMSIS7/43 HUL 47J15J71/741 AMMAM (JAtftUl UlABi 1C MK COSTAR SHIPPING PTE LTD »ura«»ura ovnmmp/i) mmsmi mjmwi/7$ I WW* 15MK a» ii" wSS nmmnwi) mmmib/oi mnsw n»uit/n I IQtiltJUl (YIMIN) 15 MK
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      607 27 I |WEI E 91* IWO wsa VOT SW JKT HKG KHH MC PUS Ptltrow 130SM| V 4 Vi V 4 11/4 IV4 lj/4 1 7/4 l|/4 11/4 KrUNOAIWIOGt OS7S 2/4 S/4 )0/4 11/4 14/4 14/4 00M11 119/4 m V 5 _l/4_ U/4_ Jj/4_ 0/4_ HYUWMU PROGRESS OSfS 14/4 H/4 24/4
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      986 28 mhP HYUNDAI MERCHANT MARINE CO., LTD. r I mm I—Tl i!■ a NO. Ho*7ttooooH |vesa vot |sm sou |w wtr |hw mil vtssa vot sou m «ra ant mam m~ TT* HT MONKS MM 10/ M 01/04 20/03 It/03 10/03 HTFBOUI Mil 20/01 22/01 24/01 M/ 01 15/02 APLMHAND IO2W
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      138 28 IVi VHSCD MHHmME PIE LTD. FULL CONTAINER SERVICES FROM SINGAPORE k P. KLANG TO: NHAVA SHEVA CHENNAI ALL ICD LOCATIONS CALCUTTA MUMBAI JAKARTA SURABAYA KARACHI BUSAN DUBAI AND OTHER BANDAR ABBAS ARABIAN GULF PORTS WE SPECIALISE IN CARRIAGE OF OOG CARGOES IN: OPEN TOPS/FLAT RACKS, PLATFORMS. SINGAPORE AGENT: INTERLINE SHIPPING
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      1406 28 WAN HAI traRNATIONAL PIE LTD at tt MMTOOOOO/11 V —"l mmmm mm TB: *****5tt (14 UMES) FAX: *****163 VMXWAN HAI LINES sssaasssssdsss^ Y" sum an *nßMni nu m*n ml «at both/ mix —L-: B«:)BiiiiMMiWkvt)nMmmia:;i«w/7i*ai aims* m »ww.w—.i»n pRTD lIV MIM "ICTT" THE? ~KH fS CT 5£ TOW KmnnTll Ml M*
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      615 28 BSA -L MYANMA FIVE STAR UNE '"EST, VKSB VOT SM PU P» PGU PAGAN 30*W SU HPA-AN MAW SU M MALAYSIA: lOUSTIAD SHIPPING AGCNOfS KUL 03-*****300 PtL 03 317*4101 PCM; 04 7****** BANK LINE (A stnrkt WW I 1 NORTHBOUND TO EUROPE v aMuae. roro, nuu HuvYuns Vissa SM PCI
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      1191 29 IVISSH VOY KHH HKO I SIN I PKi I OX* lAI DMM UK BAN ISFAHAN PCL 303 01/04 01/04 05/04 06/04 13/04 14/04 20/04 22/04 MAN HOWMOZOAN PCL 306 08/04 09/04 12/04 13/04 20/04 21/04 28/04 30/04 MAN TEHRAN PCL 307 13/04 16/04 19/04 pO/04 27/04 23/04 06/03 03/03 M.V.
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      475 29 A Tsirjyjl k UK CONTINENT SERVICE Loading for OCEAN ISLAND RDM/ATW/BMN/UK/NAN NUBTEN ANA RDM/ATW/BMN/UK/NANTES Loads Sngapore EVW Malaysia. Indonesia MIDDLE-EAST SERVICE" Loading for ATVMNA DBI/ABU/DOH/BRN/DMM/KWT V IPIROS HELLAS DBI/ABU/DOH/BRN/DMM/KWT ISSAC LIGHT DBI/ABU/DOH/BRN/DMM/KWT SOURIA DBI/ABU/DOH/BRN/DMM/KWT PLAMER ADN/HDO/JDH/AQA "Loads Singapore, E/W. Malaysia. Indonesia USA SERVICE Loadngfor YOU SHENG CAM/NFK/SAV/NOL AROURA AMETHYST CAM/NFK/SAV/NOL
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      1325 29 -ffiifi ffil M ES! vtssn Sffll sn j g|« 01/04 .mmw MM 31/03 03/04 ma wjM 03/04 _uum rns 03/04 os/m WIW 03/04 04/ M rttlill Ills 47/44 M/M r*MHP« 0413 L 05/04 PACOAIJ 7734 10/04 11/04 rx oaw>a MM M/M ffy/M PAC OAJftA OWW 09/04 10/04 VKStI VOY SM
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      752 32 Dtfisrr OifN 04 05/04 1)13/04 1111/04 I H6EISIA 070N 04 W/04 IS-17/D4 72 23/04 I D6BIItDK 071N 1112/04 1120/04 7574/04 I ***** SHAW 072* IS-14/04 22 24/04 2130/04 I nWSn^^o7M^iriVM^^2«7/M^OMVOSI WPA 103 0r0T704 04 ***** TTi iTw I TKUIYION 511 01 -01/04 OKN/04 If 10/04 I JIALSAM 137 04-04/04 II
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      881 32 IVISSa NARK VOT SINGAPORE PORT (BANG OfTTAGONG RKMGLA ra m ftp r» no eta eto PC LARR 09N047 THU 03 04 >4/04 >5/84 88/84 12/84 OCBlgl|TT 06N047 SAT 05/04 06 04 86/84 10/04 14 04_ (X TEAL 01M137 FRI 11/04 13/64 14/04 17/84 70 M_ WW StA STAt IINOO7 RWW
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      1446 32 I fh |PDZ LINES SF^^wkbsJ III! 01/ M 6MMWG 3005 02/04 MOMMAI HI I 01/ M BHOa I NOMA MS SMU M/M OSWH Ml) 00/04 IHVUMB MM M/M KOMUI Mil 17/04 CT4MK *311 ~j^ IIWUMSI Sill N/M GMttMG 3007 10/04 IMOM Jill M/M GWOa JOO7 14/ M 1»~ ~UM "**l
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  • Page 33 Miscellaneous
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      120 33 REGIONAL WEATHER FOR 7AM 31 Mar 2003 J\ f Issued by Meteorological Service Division,NEA LEGEND: K Thunderstom Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds Rain d One half fleche represents 5 knots Cloudy Day —One full fleche represents 10 knots ■x"
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      62 34 Call toll-free 1800 289 8822 Authorised Distributor With effect from April Ist 2003, W H Brennan Co Pte Ltd is pleased to inform that we are the authorised distributor for the sales servicing of DSB and Elliot life rafts. ELLIOT f(fej=Al LIFE RAFTS W H Brennan Co Pte Ltd as
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