The Business Times, 23 April 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 024/03/2003 iniernet: http://business-times.asial .com.sg SINGAPORE WEDNESDAY, APRIL 23, 2003 85*
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  • 866 1  -  Eu Tan Sang surges 24% on heavy volume; SGX queries 4 firms By] Kenneth Lim, Daniel Buenas [SINGAPORE] Take th<* temperature of healthcare stocks on the Singapore stock market yesterday and they were hot. Even market regulators, it seemed, felt the heat. Punters,
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  • 604 1  -  \-ii exclusive S'pore likely to be venae for landmark meeting By Yang Razali Kassim [SINGAPORE] A coalition of life sciences players is emerging in Asean, led by major American businesses in this new growth sector and enjoying the support of regional governments.
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  • 72 1 «T1 1,274.37 (+3.08) ST INDEX FUTURES 1,269.00 (uncb) SIMSCI FUTURES 155.60 (-0.60) Tuesday Change KLSECOMP ***** -1.31 NIKKEI 225 7,***** -178.62 HANG SENG 8,***** -7.23 SET INDEX ***** -65:1 JAKARTA COMP -442.73 -oiO MANILA COMP .1,117.12 -8.10 TAIPEI WPI 4.556.10 9202 SEOUL COMP ***** -17.51 SHENZHEN B 220.25 -0.17
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  • 72 1 FOREX RATES US$ S$ USS (SS per USJ) 1.775 £(I'SS/SS per 1.570 1787 El'RO(l SS/S$/E). 1094 1942 YEN 1201 67.70 RM 3JOO 1140 HKS 7.800 4393 BAHT 4177 24.09 RL'PIAH 8,723 4,913 RENMINBI 8.299 4.675 INDIAN Rl'PEE 4755 2667 PRIME RATES SINGAPORE* 5.25 KIALA LIMPIR 640 HONG KONG 5000
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  • 602 1  -  His infrastructure projects in Johor could top RMlOb From Eddie Toh in Kuala Lumpur MALAYSIAN port tycoon Syed Mokhtar Al-Bukhary may have been close to exhausting his cheap credit line when he unveiled a RMI billion (***** million) investment fund
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  • 148 1 AFP [WASHINGTON] US President George W Bush said yesterday he would reappoint Federal Reserve chairman Alan Greenspan after his term expires next year. "I think Alan Greenspan should get another term," Mr Bush said in response to a question about the central bank
    AFP  -  148 words
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  • NEXT page
    • 422 2  -  i-ii exclusive SARSOUTBREAK Passenger loads are still low despite earlier cutbacks Prom Diana Oon Abdullah in Kuala Lumpur TRANSPORT companies operating between Kuala Lumpur and Singapore could cut services further as people avoid travel because they are worried about Sars. Passenger loads
      AP  -  422 words
    • 751 2  -  2 new S&rs cases in S'pore; school kids get thermometers By Raju Chellam [SINGAPORE] Even before the Sars scare spooked Singapore's infotech market, demand for personal computers took a dive. In the first quarter of this year, Singapore saw sales of 119,000
      751 words
    • 196 2 [SINGAPORE] The "Citibank-The Business Times Sars Fund" set up last week to help needy families of Sars patients attracted a good response at the weekend, with many people calling the hotline to pledge donations. "It is still too early to tell how much
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  • Page 2 Advertisements
    • 236 2 Imagine a way to an internationally recognised fTI management qualification with the flexibility of studying I I from anywhere in the world. Manchester Business School Manchester Business School consistently ranked as one of the world s Forward thinking leading business schools offers MBA programmes through a combination of distance learning
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    • 22 2 Lianhe Zaobao I Does property. > I I market here I need a rsuperman'l I to prop it up Q I I *»iI
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  • SARS OUTBREAK
    • 525 3 90% fewer visitors at biggest trade fair; tourism industry badly hit Bloomberg, AFP, Reuters [BEIJING] This week's revelation of the true extent of the Sars epidemic in China is starting to hit the economy hard. Foreign investors here are feeling the shivers almost
      Bloomberg,; AFP,; Reuters  -  525 words
    • 332 3 Chinese workers get 5-day May Day vacation; India has 4 Sars cases Reuters, AFP AP [BEIJING] China and Hong Kong reported 10 new deaths from Sars yesterday and Beijing tried to stop people from travelling to the vast countryside in a frantic
      Reuters,; AFP; AP  -  332 words
  • Page 3 Advertisements
    • 273 3 Cet credit protection from International Factors Singapore. tn these uncertain times, you want to be sure your business won't go down if some of your clients do. Let International Factors Singapore take this load off your mind. Protection against bad debts. Apply for a factoring facility with us and we'll
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  • SINGAPORE companies
    • 495 4  -  They are aiming for inter-operability between their 3G networks By Angela Tan SINGAPORE Telecommunications yesterday said it plans to develop a common and compatible suite of 3G multimedia services with Japan's NTT DoCoMo, which could eventually allow each other's roaming customers
      REUTERS  -  495 words
    • 729 4  -  lock siew siow li sen THE turnout at DBS Group's shareholders meeting on Monday was smaller than in previous years no thanks to Sars probably but any relief the directors and management might have derived from the lower attendance was short-lived. Unlike previous meetings where
      729 words
    • 143 4 MAINBOARD-listed Nera Telecommunications has terminated its joint venture with MediaCorp TV Singapore (MCTV) in TVMobUe Pte Ltd, which operates a digital mobile television network that provides bus commuters with real-time news, information and entertainment programmes. Nera said it had disposed of its entire investment
      143 words
    • 421 5  -  Profit down 86% to $0.2 million, group does not give new fall-year guidance By Michelle Quah MAINBOARD-LISTED Singapore Computer Systems (SCS) saw its profits plunge 86 per cent in the three months ended March making it yet another company in the Singapore
      FILE PHOTO  -  421 words
    • 268 5  -  By Vince Chong SCRAPPING its interest in scrap metal, steel fabricator Lee Metal Group (LMG) said yesterday it will divest its 20 per cent stake in joint-venture Nat Ferrous to partner Nat Steel as it looks to focus on its core
      268 words
    • 333 5 Bat strong earnings are expected from its China projects Reuters KEPPEL LAND will likely report an 8 per cent drop in net profit when it kicks off the first-quarter reporting season for Singapore's property developers on Thursday, hit by poor turnover in the local
      Reuters  -  333 words
    • 264 5 Services extended to all 28 branches after 1-month trial HONG Leong Finance (HLF), which has been moving aggressively into businesses traditionally offered by banks, is now going big on unit trust services. Singapore's largest finance company, controlled by Kwek Leng Beng, said yesterday that
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    • 2282 4 □PC ECS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) 11 Hi El R Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of the Company will be held at Traders Hotel. 1A Cuscaden Road. Singapore, lemasek I. Level 2on 12 May 2003 at
      2,282 words
    • 248 4 Earn a post graduate degree Master of Science in Information Systems in the United States from BRYANT COLLEGE (near Boston, USA) If you are an IT graduate seeking to advance your management abilities, a non-technical business graduate who wants to develop technical skills, or someone who hopes to assume a
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    • 259 5 Call toil-free 1800 289 8822 SINGAPORE TENPIN ©A BOWLING CONGRESS 4BUHfc NOTICE OF EXTBMBDIIUBY 6EHERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of the Singapore Tenpin Bowling Congress be held on Wednesday, 14th May 2003 at s:3opm at the STBC Conference Room. No. 6 Zone One, National
      259 words
    • 310 5 IN THE MATTE* Of THE COMPANIES ACT (CHATTER SO) AND IN THE MATTER Of INFORMATION FUSION PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract of the nwMln at the Extraordinary General Meeting of members of INFORMATION FUSION PTE LTD convened and held at 141 Mark* Street, AEC Centre, International Factor* Building,
      310 words
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  • SINGAPORE markets
    • Article, Illustration
      305 6 OTHER SINGAPORE INDICES Apr 22 VALUE CLOSE BTOBMS 335.00 189.00 fTCMN -*****.00 -14.00 -*****.00 -34.00 MkSGEqaMat 343.92 -0.24 S6E«ribMDMt 118.25 -1.02 SGEqoMMFb 1085.59 +10.55 SG Equities Prop 297.70 -1.10 usashmpan 156.42 -0.08 SMSCII Fatam 155.60 -0.60 Stocks Volume Informatics 5c 22,337,000 MedtecsUS5c 14.570,000 EuYanSang5c 12.419.000 DMX Tech US5C 12.403.000 Jaya
      305 words
    • 837 6  -  IMIonger view CURRENCIES larry wee GOLD and high-yield-ing currencies have exploded sharply higher at the expense of the US dollar, Japanese yen and Singapore dollar. The weekend's extended Easter break likely further exaggerated the moves. And in such thin trading conditions on Monday,
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    • 739 6  -  I lri comment STOCKS r. sivanithy IT'S often said that when buying property, the three most important criteria are "location. location and location". When it comes to buying stocks, one could well argue that the corollary is "outlook, outlook and outlook".
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  • 44 6 UNIT TRUSTS FUNDS LEGEND: Al pncas in rKkjUm wcapt for f U Rmggrt Asm. Broady Dm«nif««t I N*-owfyFoaaed.SLowerlU*. 'Lowto Mwftum RWc ft IMum to M* IMb Unfc. >op»-«nd»d.< »*dhMunof units til Mxm wbdiviaon orf units 9 aftar fttxi MA- Nan Daaing Day: Roor PncerSlO.riS
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  • SINGAPORE news
    • 464 7  -  New laws to be pot in place to curb irresponsible behaviour By Chuang Peck Ming PEOPLE who repeatedly break Sars quarantine orders will go to jail and this is likely to come into effect from tomorrow, after Parliament has met to pass
      464 words
    • 191 7 UNITED Overseas Bank yesterday piled on more privileges for its UOB platinum cardholders, targeting the younger set with benefits which it said are unmatched by any other platinum card in Singapore. A platinum card is sought after not only for its vast array of
      191 words
    • 467 7  -  Q1 saw 13 deals, two more than Q4 2002: Knight Frank By Vince Chong THE number of good class bungalow (GCB) transactions shows no sign of a letup despite the drop in overall property deals. According to Knight Frank, which today releases six freehold
      FILE PHOTO  -  467 words
    • 251 7  -  3 on the economy outlook By Daniel Buenas BUSINESSES in Singapore have not reached Sars "fever-pitch" a state in which the outbreak becomes a major corporate issue that challenges the viability of some organisations. This is according to a Sars Index created by Mercer
      251 words
    • 224 7 May Day this year will be a sombre time when workers and employers must embrace a spirit of give-and-take to weather a shaky economy, the National Trades Union Congress (NTUC) said yesterday. "Let's all stand together as one people to overcome all
      224 words
  • Article, Illustration
    1037 7 Transaction date: Apr 22 nrTERBAMK CROSS RATES AS C$ >■> Em li$ Wis Ytn Won 1 »8 Wh tei Sfr ITTS BaM Hmt VBtraia 0.898 5.125 0.564 4217 29.245 518(9 0.742 7531 2347 1107 35.710 ***** 1096 4.701 0250 ***** 26.413 0293 0.616 Canada UM 5.709 0229 5.365 32.576
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    • 8 7 *We cam beat Sars by working togetherPg 8
      8 words
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  • EDITORIAL & opinion
    • 783 8  -  OPINION mm bottom line david mason A FORTNIGHT ago, I returned to the United Kingdom after a business trip to Singapore. I thought I had better wait out the recommended quarantine period for Sars before writing this article, for reasons that will
      783 words
    • 90 8 The epidemic is severe as fire and people's very survival is concerned, so no delay is allowed, nor is any negligence.' —from a commentary released by China's official Xinhua news agency, which was carried in many of China's newspapers, on the Sars epidemic now sweeping the country.
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    • 502 8 EDITORIAL AFTER months of tension, Asean is, at last finding a good reason to return to its traditional camaraderie. Ironically, it has taken another crisis—the Sars outbreak —to make this possible. The virus, which has brought unprecedented gloom to Asia, is now forcing Asean leaders
      502 words
    • 1022 8  -  The following is an open letter addressed yesterday to all Singaporeans and residents by Prime Minister GOH CHOK TONG GOH CHOK TONG DEAR Fellow Singaporeans and Residents, On Saturday, I appealed to Singaporeans to exercise personal responsibility in our fight against Sars. Only
      AFP  -  1,022 words
    • 763 8  -  MAILI.TTH Emily Chin Company Secretary Raffles Holdings Limited WE refer to Lee Han Shih's article "Tooth fairy for Raffles?" (BT, April 22). The various points raised in the article are explained if one should read the relevant sections of Raffles Holdings' ('the Group') first quarter results
      763 words
    • 170 8  -  James Wong Singapore I AM saddened by the outbreak of Sars that is affecting everyone and every aspect of life in Singapore. On the brighter side, I am enjoying much better service at restaurants and shops. For instance, waiters are smiling more and have time to
      170 words

  • REGIONAL news
    • 388 9 KUALA LUMPUR Its new RMl.Bb plant starts operations at year-end AFP MALAYSIA'S national carmaker Proton said yesterday it will get a boost when its new RMI.B billion (SsB4l million) manufacturing plant begins operations at year-end. Perusahaan Otomobil Nasional Bhd (Proton) chief executive Mahaleel
      AFP  -  388 words
    • 260 9 HONGKONG Bloomberg CHINA Mobile (Hong Kong) Ltd, the world's biggest mo-bile-phone company by users, had its slowest profit growth since first selling shares in 1997 because new acquisitions brought in customers who spent less. China Mobile said firstquarter profit rose 9.7 per cent to 8.98
      Bloomberg  -  260 words
    • NOTEBook
      • 49 9 AP [JAKARTA] A court yesterday convicted the half brother of Indonesia's ex-president Suharto on embezzlement and fraud charges. It sentenced him to four years' jail. Prosecutors accused Probosutedjo, 72, of taking the equivalent of US$ll.2 million from a state reforestation fund between 1994 and 1997. —AP
        AP  -  49 words
      • 70 9 AFP [KUALA LUMPUR] The Asian Wall Street Journal carried an embarrassed correction yesterday after running a picture of a top terrorist suspect which it wrongly identified as Malaysian Premier Mahathir Mohamad. The illustration of Khalid Sheikh Mohammed, allegedly the A 1 Qaeda mastermind behind the Sept 11 attacks on
        AFP  -  70 words
      • 58 9 Reuters [HONG KONG] PC shipments in Asia, ex-Japan, rose 10 per cent in Q*****, but future growth could be dampened with the Sars outbreak in the region, said a report yesterday. Shipments in the region totalled 6.3 million units in Ql, up from 5.7
        Reuters  -  58 words
      • 28 9 Bloomberg [JAKARTA] PT Bank Negara Indonesia said Ql profit rose one per cent to 850 billion rupiah (***** million) as loans rose.—Bloomberg
        Bloomberg  -  28 words
      • 35 9 Bloomberg [MANILA] Moody's Investors Service may raise Globe Telecom's rating, affecting US$42O million of debt. Its senior unsecured rating of Ba3 is three levels below the lowest investment grade.—Bloomberg
        Bloomberg  -  35 words
    • 249 9 KUALA LUMPUR They are angered by state pension fund's low dividend AFP THOUSANDS of Malaysian workers are expected to protest nationwide next month against a low dividend payout of 4.25 per cent by a state pension fund, a labour chief said yesterday. "We will
      AFP; NSTP  -  249 words
    • 182 9 BEIJING Bloomberg THE price of property, homes and rent in 35 Chinese cities rose in the First quarter, according to a government survey, which may confirm economists' fears that China's property industry is beginning to overheat. The price of homes rose 4.8 per
      Bloomberg  -  182 words
    • 401 10 BANGKOK They also freeze USs2om in bank accounts after founder returns Bloomberg THE creditors of Thai Petrochemical Industry withdrew as much as US$BO million in credit and froze bank accounts after a court on Monday allowed founder Prachai Leophairatana to resume control of
      Bloomberg  -  401 words
    • 130 10 BANGKOK Bloomberg CREDITORS of Thai homebuilder Tanayong agreed to forgive 82 per cent of its 39.5 billion baht (551.64 billion) debt after delaying a vote on the issue four times. About 57 per cent of the creditors agreed to the change in Tanayong's debt plan,
      Bloomberg  -  130 words
    • 284 10 BANGKOK Thai Cabinet gives nod for USs2oom contribution; fall fond launch in May or June Reuters, Bloomberg THAILAND created a fund yesterday aimed at pooling the foreign reserves of Asian countries to buy Asian bonds, hoping to boost the liquidity of local
      Reuters,; Bloomberg  -  284 words
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  • 1522 10 SICOM FUTURES Apr 22 RUBBER Futures (Oosmq prices) RSSI(ScwtsAfl) Close VoIhm Open Mowtli High Low Sett (ton—s) Interest May 03 176.75 Jon 03 174.00 Jul 03 ***** Aug 03 ***** RSS3(USc«flbAq) Votam Open High Low Sett (touts) leterest May 03 98 SO 1200 •ton 03 96.50 96.50 96.50 100
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    • 1047 10 lini COLEX HOLDINGS LIMITED (Incorporated in the Republic of Singapore) l«jjg| NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Conference Room, 541 Orchard Road 16-00 Liot Towers, Singapore *****1, on Monday, 26 May 2003 at 10.00
      1,047 words
    • 487 10 MTHE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO MTHE MATTER OF LSP ENTERPRISES PTE LTD (In Members' Voluntary Liquidation) At an Extraordrary General Meeting of the abovenamed Company duly convened and held at 19 Tangkn Road. *»02 Tangltn Shopping Centre, Singapore *****9 on Thursday, tw 17»idayo» Apr!2oo3ai3 00pm, fie
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  • Page 11 Advertisements
    • 96 11 IV 0 I f E DATA JMBg' v.The world's The world's > Wmfe wmL I I 1 l a r 5f|e s t I farthest I international reaching 1 I voice 1 Global IP B I K iHL X V S III c r\i e r network will Imake w
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  • WORLD news
    • 444 12 WASHINGTON Market thinks the group will decide tomorrow to cnrb crude oil supply LAT-WP, Reuters IRAQ'S leadership void is creating embarrassing moments for all concerned. For the 11 nations of the Organisation of Petroleum Exporting Countries, the end of the Iraq war
      LAT-WP,; Reuters  -  444 words
    • 206 12 Bloomberg [WASHINGTON] Federal Reserve chairman Alan Greenspan will undergo surgery today for an enlarged prostate before making a planned return to work this week. Tests were negative for prostate cancer and there are no plans for Mr Greenspan to be anesthetised, a Fed spokeswoman said.
      Bloomberg; REUTERS FILE PHOTO  -  206 words
    • 410 12 SEOUL Creditors seek meeting after former CFO tells court group has hidden an extra 3.4t won of losses at overseas units Bloomberg SK GLOBAL Co, the trading business at the heart of a huge accounting scandal, may have committed 5 trillion won (5J7.27
      Bloomberg  -  410 words
    • 300 12 TOKYO Govt hopes to give monetary policy more flexibility Bloomberg JAPAN'S finance ministry will allow the central bank to increase its capital reserves to give monetary policy more flexibility, Finance Minister Masajuro Shiokawa said yesterday. "The Bank of Japan hopes to independently implement aggressive policy
      Bloomberg  -  300 words
    • WORLDWatch
      • 64 12 Bloomberg [MUNICH] Infineon Technologies AG, maker of semiconductors, had an eighth consecutive quarterly loss as the German company wasn't able to cut costs fast enough to counter a slump in memory-chip prices. Inflneon's net loss for the three months through March widened to 328 million
        Bloomberg  -  64 words
      • 52 12 Bloomberg [SAN FRANCISCO] Discount broker Charles Schwab Corp's profit fell 24 per cent in the first quarter. Net income was US$7l million compared with US$94 million a year ago. Schwab chief financial officer Christopher Dodds warned twice during the quarto* that customer trades were
        Bloomberg  -  52 words
      • 62 12 Bloomberg [TOKYO] Seiyu Ltd slumped to a second-half loss on investment losses and declining sales. It forecast a return to profit this year. The retailer posted a group net loss of 68.5 billion yen (Ssl billion) in the six months ended Feb 28,
        Bloomberg  -  62 words
      • 67 12 Bloomberg [MOSCOW] AO Yukos Oil Co. Russia's biggest oil producer, agreed to buy a fifth of OAO Sibneft for US$3 billion in cash and pay stock for the rest to reinforce its spot as foreign rivals boost investments in the nation. The combined company will
        Bloomberg  -  67 words
      • 70 12 Reuters [PHILADELPHIA] Verizon Communications Inc. the largest US telephone company, posted a first-quarter profit boosted by accounting changes, but revenues fell slightly as a loss of local telephone lines outweighed higher wireless sales. Net income totalled US$3.9 billion, including a one-time gain of US$2.l
        Reuters  -  70 words
      • 66 12 AFP [NEW YORK] Viacom Inc said yesterday it had bought debt-laden AOL Time Warner's SO per cent stake in Comedy Central cable television network for US$l.2 billion. Viacom already owns the other half of Comedy Central. The deal would be completed by June 30,
        AFP  -  66 words
    • 634 14 DETROIT Quality CFOs in demand at a time when investors, govt are on their guard Reuters WANTED: chief financial officer for one of the world's largest companies. Experience in global cost cutting and the occasional financial crisis a must. That is
      Reuters  -  634 words
  • Page 12 Advertisements
    • 343 12 Featuring New A-Lq Carte Menu Where to wine, dine and entertain... h A World of Exdosive Privileges Treats v Delivery Services Takeaway*' With a simple phone call, glorious food can be delivered to you within an hour. Or you are late for an appointment, pick up a lunch box from
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    • 80 12 "East Meets West" Buffet Hi-tea Every Saturday, Sunday ft ]XJu h PufaUcHoUdayatCaMVanda 11 J. 12.00pm-4.30pm Adult $14.80* Child SlO.OO-* (4-12yn) V 3 Tea tovourllM Include Mm Sum, Salay, Lafcsa. MO. CMchew We ewd niurel Papular a—am >i Chenrtol and Homemade NonyaKMey For parties of 25 or more. Hist add $2.00
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    • 142 12 ■mi*** Captain's Table is offering a scrumptious set Clinch menu for tHis special occasion. ifl.t onCy $30 per put for Lunch irJ to 25 April 2288 F M A TRIBUTE TO SECRETARIES 21-25 APRIL 2002 Show your secretary your appreciation by inviting her to a special International Lunch Buffet with
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    • 69 12 V SSS IMtataM «01-13 I oaMQB-ittaaae yaw f»a*3B 7«a» BllKttAftft *A Worth West Frontier 'Restaurant tg- Secretaries' Week Special 21 -25 April 2603 (12.00pm t§ 230pm Lunch only) 1 FREE'Dessert (U P. S9.Bo+++ to Slo.Bo+-M-) OR any non-alcobotic drink with every piain course orde&d from the a la carte rioiu.
      69 words
    • 177 12 IMERITUS MANDARIN SINGAPORE! AUSTRALIAN GOURMET WINE ADVENTURE SECRETARIES'WEEK 21 25 APRIL 2003 Revel in exotic seafood done to perfection by our Hong Kong chefs featuring Australian seafood, Shark's Fin, Beijing Duck and more, pared with the best of Australian wines. Lunch $35* per person Wine set menu $78* per person
      177 words

  • 6 13 Transaction date: Apr 22
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  • 5 13 Transaction date: Apr 22
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  • 503 13 BONDS WARRANTS Lat v* Caw lav 'c«c te 'SS Sah f| —to Ma u» AST1W»***** 17 5 1 K 20S U3 M AonaLtdW*****6 2 25 7 1 50 845 2 75 14 Am«kW*****0 S35 -2 10 1 13 2 1 59 26 Armstrong W040S20 *5 1 10 50 1400 13
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  • Page 13 Advertisements

  • 6 14 Transaction date: Apr 22
    6 words
  • 61 14 B* Lat Val Om Last Owtc btt« M* bTH Nat L~ C—» Mi W- (1 t— »JlL Cw lg ***** 89 Damon* US8780*d 4S10 2700 IS DJ US Tech US3740 555 555 ISMSOSpore USSSS HMO 8200 I5SWSOO USK270 ***** 8280 SPOK US8280 1755 1230 ST1ETT100 1310 -J 6
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  • 312 14 SJ4* laM V* Day IMgnk GrOto Mo CftM MM MCa t—r a H I Ml W- r— lam 8jg Mi Or W M 115 (1 AVJenrangsA25c AIM «1 473 109 108 108 109 40 3.4 9.3 6-3 2324 Cathay Pac 20c MK720 265 2 1 74 6 *****J
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  • Page 14 Miscellaneous
    • 221 14 CRYPTIC CROSSWORD 8 Country river a Russian LjV~jLjJ ~VH "LJ —LnJ——LJ 25 Sensible car-drivers do 28 Dramatic performance in translation (9) 14 Became comfortably estab- Across: 1 Sardonic, 5 Chaser, OQwyj. lisbed in seat on row (7,2) 8 Ragian, 9 NewsreeJ. 10 Beri--16 Certain peopte cannot be so beri, 11
      221 words

  • BT motoring
    • BUMPER to BUMPER
      • 103 15 HONDA Motor has chosen Takeo Fukui, head of research and development, to replace Hlroyukl Yoshino as chief executive to tap his experience in engineering and the US market. Mr Fukui, 58, was head of North American operations from 1996 until 1996, when he became
        103 words
      • 74 15 GENERAL Motors has unveiled the Buick Excelle (above), its first Chinese product built from a Daewoo platform. The Excelle is aimed at the growing lower-medium sedan segment. It was styled by Italian design house Pininfarina, while Shanghai GM and Pan Asia Technical Automotive Center carried out
        74 words
      • 131 15 FORD Motor has taken the wraps off a new model with an old name—the Futura—in a bid to re-enter the family sedan race with a car that competes with the likes of the Honda Accord. The Futura, unveiled at the New York International Auto Show
        131 words
      • 120 15  -  -Compiled bj Christopher Tan NISSAN Motor will launch its first full-size sport-utility vehicle, the Pathfinder Armada, in the US this autumn. Nissan, which has also decided to launch its full-size pick-up truck Titan Crew Cab in the US market by the end of the
        120 words
    • 407 15  -  M-ii exclusive It will soon move to a new mega-facility, reports Christopher Tan Christopher Tan AFTER a buying spree over the last 18 months, auto entrepreneur Peter Kwee is now on a selling spate. But the sale has nothing to do with downsizing. Mr
      407 words
    • 378 15  -  Byi Christopher Tan PLANS are finally under way for more compressed natural gas (CNG) stations to be set up, to supplement the solitary and fairly inaccessible one on Jurong Island. The National Environment Agency (NEA), the government body in charge of promoting the switch from
      378 words
  • Page 15 Advertisements
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    • 412 15 Cal 100-lree **********2 NOTICE TO CREDfTORS Of FUST MEETING IN THE MATTER Of MR GROUND ENGINEERING PTE LTD (IN LIQUIDATION) COMPANIES WINDING UP NO. 6001*9 Of 2001 held at 141 MofW Street. AEC Centre Inlomatiof 04R944 on Monday, Sill May 2003 at 9.30 QJW Kx the blowing purposes AGENDA 1)
      412 words

  • EXECUTIVEmoney
    • 670 16  -  Increasingly complex capital secured funds could spell trouble for investors who lack proper product understanding. Genevieve Cua reports Genevieve Cua SO you think a capital secured fund or deposit with bonus payouts is a good deal? Make sure you read the fine print.
      670 words
    • 1383 16  -  By Genevieve Cua HERE'S the lowdown on some capital secured funds in the market. If you're tempted to shift your savings into a 'bonus' fund, make sure you understand the risks, and don't get your hopes too high. Always ask about the worst-case scenario, which
      1,383 words
    • 735 16  -  IIZWI»]3 markets Counters in construction, property, airlines most affected by disposals By Robert Halili WORRIES over the effects of Sars on the economy may have weighed on directors and substantial shareholders' trading decisions this month as there have been heavy insider sales recorded in the
      735 words
  • Page 16 Advertisements
    • 200 16 Secretary's Week Special Set Menu PT\% 21stApril -27thApril2003 Li $168++ $355++ $486++ (For 2 Persons) (For 6 Persons) (For 8 Persons) Superior Shark's Fin Superior Shark's Fin Braised Superior Shark's Fin wl Crab Chicken Meat wl Crab Chicken Meat wl Gab Chicken Meat (1 Big Pot) (1 Big Pot) (I
      200 words

  • SHIPPING TIMES
    • 760 17  -  Much riding on the outcome of debate on single-hulled tankers ICS By Donald Urquhart [SINGAPORE] The reputation and influence of the International Maritime Organisation (IMO) is at stake despite success in pressing the European Union (EU) to submit its single-hulled tanker
      FILE PHOTO  -  760 words
    • 267 17 MX '000 »a s$ *h m CWT Distribution 0.52 unch 0 Chuar. Hup 0J9 unch 327 CH OHshora 0.19 unch ISO Cosco ln»astmant --0-22 unch 60S Fratoht Links 0.03 unch 20 ce Holdings 0.57 -0.01 3 J«y« HoKftrags 0.32 -0.01 ***** KaopaiCorp. 4.48 -0.04 740 K1 Vantura 0.16
      267 words
    • 341 17 Bernama [BINTULU] The Bintulu Port administration said it was prepared to consider reviewing its port charges provided it creates a winwin situation for concerned parties. The Malaysian port's chairman and director Mohamed Adnan Ali said this in response to claims that
      Bernama; THE STAR  -  341 words
    • 226 17 Xinhua [XIAMEN] A record number of Taiwanese travelled by sea between a Taiwancontrolled island and the Chinese mainland during the first quarter of this year, local officials said yesterday. Sources released by Xiamen Customs indicated that about 36,000 Taiwanese travelled between the
      Xinhua  -  226 words
    • 508 17  -  Belgian unit gains from MSCs shift to Antwerp port By Beth Jinks [SINGAPORE] PSA Corporation's key European interests in the Port of Antwerp enjoyed a 13 per cent rise in container traffic in the first quarter of 2003, boosted markedly by
      PSA  -  508 words
    • 242 17  -  Ships from S'pore, HE, China, Vietnam, Canada must make health declarations By\ Beth Jinks [SINGAPORE] Dubai has become the latest port to block shore leave for seafarers arriving from Singapore and other ports affected by the potentially deadly Severe Acute Respiratory
      242 words
    • 947 18  -  STRAIT TALK -By David Hughes THESE are hardly happy times for the cruise industry right now. It is struggling to regain the momentum that the September 2001 terror attacks took out what had been an incredibly buoyant market. There have been
      AP  -  947 words
    • 3 18
      3 words
    • 3 23 THEBUSINESSTlMES
      3 words
    • SHIPS IN PORT
      • 533 25 Vessel Voy Mo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER228 E3089 J3 A/SIDE 23/04 0030 CHITRAL 013HW J8 A/SIDE 23AM 2300 HYANGROBONG 303 J15/16 A/SIDE 23/04 2359 WINSTAR 7 28S03 J2 A/SIDE 23/04 0630 A KAMBING 1 JB0402 J12 23AM 1100 23/04 2300 ATRIA JB0403 J2 23A)4 1030
        533 words
      • 2 25
        2 words
      • 136 25 Apr 25 Australia: Anzac Day Apr 29 Japan: Greenery Day Mayi Brazil: Labour Day China: Labour Day Hong Kong: Labour Day Malaysia: Labour Day Philippines: Labour Day Singapore: Labour Day Thailand: Labour Day France: Labour Day Germany: May Day Italy: Labour Day Austria: Public Holiday Belarus: Labour Day
        136 words
      • 786 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and
        786 words
      • 448 25 Carton 180 Max 998.5 0.6 15.2 0.08 98 0.03 A»r n Density Mater Residue AshAbMMaa Miawtrt No above E25 1 0 2 0 1 0 TTT 380 Ave 984 9 02 HJO 0.04 21 0.02 380 Mu 9911 OJ 18 9 0 08 46 0 06
        448 words
    • AIR & LAND transport
      • 600 26 Workers not told about compensation for top execs even if carrier goes bnst Reuters [DALLAS] The head of American Airlines made a big mistake by not properly informing the carrier's workers of executive compensation plans, he told a hastily called news conference on
        Reuters; AP  -  600 words
      • 321 26 Budget carrier the only major US airline so far to post profit AFP [DALLAS, Texas] Southwest Airlines, defying the headwinds of an airline crisis, said it had boosted profits in the first quarter of 2003 as all its competitors lost. The budget carrier is
        AFP  -  321 words
      • 313 26 Misconception about air travel hitting industry's recovery, it says AFP [SINGAPORE] Persisting fears that the Severe Acute Respiratory Syndrome (Sars) virus can be spread inside an aircraft is hindering the aviation industry's recovery, an association of Asia-Pacific airlines said yesterday, stressing
        AFP  -  313 words
      • 221 26 Bloomberg [SYDNEY] Sydney airport, home base of Qantas Airways, had a 14 per cent drop in international passengers this month because of the US-led attack on Iraq and a deadly respiratory disease, said Macquarie Airports. International passengers declined in the first 21
        Bloomberg  -  221 words
      • LOGBook
        • 125 26 Reuters [WELLINGTON] New Zealand rail freight company Tranz Rail Holdings Ltd said yesterday it will lease an extra ship to expand its freight service between the North and South Island and reschedule its Lynx fast ferry service. The rail and ferry operator said chartering the
          Reuters  -  125 words
        • 86 26 Bernama [KUALA LUMPUR] SriLankan Airlines launched its latest flight to Kochi in India yesterday, making it the eighth destination in India and the fifth destination in South India. In a statement, its country manager of Malaysia and Singapore, N Prabaharan, said SriLankan Airlines is the foreign
          Bernama  -  86 words
      • 378 26 uro «w AIRLINE COOES AA Amnar Arms (AALi Af At Frwa lAPI) M At mda (AtC) AY Fmtr Oy (FM) AZ AJOti Arlrm(AZA) BA Br*s* Arwtys PubtcLUCc (SAW) BG Bmm Btngooesfi Arms (BBC i Bl Roy* Srunar Vines Sfr Bha (RBAj BO Borne Arms (SOU) BR
        378 words
      • 460 26 Reports say carrier's two major creditors are losing patience Bloomberg [BASEL] Swiss International Air Lines has to step up cuts in capacity to avoid running out of cash as demand for air travel declines, analysts said. The Swiss national carrier,
        Bloomberg; AFP FILE PHOTO  -  460 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 830 18 I TO USA/CANADA 1 1 EXPORT I I OTHER DESTINATIONS I VBSa I VOT IH6 pfiMumGKMH IPMIAS I HOUSTON j«MPWS IONCACOIKW TOM TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) 00G AM£IKA 60(17 77/tM 23/ MI 09/05 13/05 It/05 14/05 14/05 17/05 VESSfI ygy TuTST Wfi m ttn mi" 3i~~ 00Q (AUH3MA 70(11
      830 words
    • 473 18 Lines 4 services represented by IM u Members of the R«g<s»ry of J Members o» flw |lg»|I Accrediied Sb*>ng Agenh, log.shcs Singapore Shipping Association iqhon ULY UNE MALE frcssa voy n* eta eta A P.tUWG SFOtl MAIi Empress Lity 0303 26/04 28/04 07/05 Moid Corner 738 A 03/05 05/05 14/05
      473 words

  • Page 19 Advertisements
    • 1240 19 TO EUROPE FROM EUROPE rasa Ivors* at nm» hm i» sou ia llvbsb Ivor mm mm imm bv sou m m AnOtNMAJtK 106W 74/04 14/05 10/0512/05 HTUMUMTY 31« M/M 01/04 10/04 04/04 20/04 ■01 mom 006W25/W 07/05 12/05 14/05 14/05 17/05 MUftNMKI 01« 04/04 11/04 13/04 14/04 a/04 HYUNDAI CONHDBKI
      1,240 words
    • 1271 19 DIRECT CAIL TO MS '"WMMWUMI 14-1! MS M, W*T HIU (MMH) I2UBS M—l—l—l^-^M.W,.HJWl».l,l.lH'HM.«<ir,Hi^a.Jll»[ni.lJl.|.llll.l«!l« l AMM (JOIMN) 11 UK !HiP» m -ass smss,*""*: gs T/SHPKT MTOSHS ATWHU/«* I knots omcL conviimoaAi mtosom tmmi I JWIG SAKJN6S WffICLY COSM *6BKK tl SWI IHt IH:171Sttl» HUL 07-3511)70 wn*U YSI/VUT SGP W6 4MA 0)11
      1,271 words
    • 632 19 Iwml |wrla I re I poj I ytm I hke |kr I kyh I sha I mo| vtssa wt sw jkt m khh mc rus CAMUABOMBS MINI2S/4126/4 2*/4 2fl 4/5 5/5 V 5 V 5 l()m HYUNDAI MOGE OStS 23/4 2i/4 1/5 2/5 5/5 7/5 lEi* 1 |OOTS| tA !lA|
      632 words

  • Page 20 Advertisements
    • 1284 20 HMHE* HYUNDAI MERCHANT MARINE CO., LTD. wwwJhml Mm g NO. IMtyHOOQOH Iwssa WT I sw l sou itt wb I ant I hab I Btv I ivcsa vot I soti I lbi I ra ant nam mv T] 80l ftKBtON OMW 11/04 01/#$ OS/OS M/M M/ 04 HYFBBAI MS 2S/03
      1,284 words
    • 1260 20 WAN HAI fffiExNATIONAL PTI LTD aaa iMKntM/i m i|ip« TE:*****55S (14IMS) FAX:*****163 HAI LINES SKSaaffiSgSKSSL. «B*:ini)im«nw:)ni]m7i4/J»l*s www WMbti CM M "■:*>OnMMIMKR(I)IBO«rUi«:mW/7l4ai Wb/Min iiHgwWHWMiwi P»7U Im I wil I*l TP" TOg -pj- ~wr -TO- -5£- -gg- Km IN 29 KM M* JMI 7VAI »?Ml Ml MAS MS |VK MS MS SAS
      1,260 words
    • 573 20 BSA a MYANMA BB FIVE STAR LINE (Myww Notitod Um) vtssa VOT sm m ph rm PAGAN JO6W SID NPA AN M7W 2S/04 IN BALATSIA: IOUSTIAD SNIPPING AGCNCKS KUL 03-*****300 Pll: 03-317M101 POt 04-2****** i«| BANK LINE (A w»k» Aadrtw Wrtr S%pfe|) 1 NORTHBOUND TO EUKOPi V CONUMBt, BORO, NUU
      573 words

  • Page 21 Advertisements
    • 1085 21 ivma VOY KMM HKO IMN I Ha I DX» I Ml I POM* MK M.V. UNDAVU Pa 306 M/ 04 ***** 26/04 17/04 04/05 OS/OS 11/05 14/05 MAN KIRMAN KL 309 M/ 04 30/04 03/05 04/05 11/05 11/05 19/05 11/05 ■AN ISFAHAN KL 310 06/05 07/05 10/05 11/05 IS/05 19/05
      1,085 words
    • 472 21 i t UK CONTINENT SERVKE Loadng for OCEAN ISLAND RDM/ATW/BMN/UK/NAN NURTEN ANA RDM/ATW/BMNAJK/NANTES FLORES ROM/ATW/UK/NAN Lot* Singapore, EVW Mateyata. IndoneM MIDDLE-EAST SERVICE Loadng tor ISSAC LIGHT DBI/ABU/DOM/BRN/DMM/KWT SOURIA DBI/ABU/DOH/BRN/DMM/KWT P LAMER ADN/HOCVJDH/AQA •Loads Sngapore, E7W Mataym hdonaM USA SERVICE Loading tor AROURA AMETHYST CAM/NFK/SAV/NOL CALANOA MZL/LAX/VCW "Loads EVW Malaysia Indonesia
      472 words
    • 1129 21 rasa HH M CBi m m bt ULStm NSI SZ* »</* nKMU mo urn h/m mm* ma urn »m tumm 11* *m ncwm* MM h/m jkjmi mi qi/m mm ntrrivn am UM nm rxww 4144 os/ts 07/ts jiLum am am n/n r*ourn mn m/m 01 /os SffiZl—wy +'/>* z ti/wZ
      1,129 words

  • Page 22 Advertisements
    • 618 22 wnn MBSiH nCHSHAM 074* 7130/04 IM4/05 I MBSIt 077H 0203/05 09 11/05 14-17/05 I IKaSEA 07W 04-07/05 1115/05 70-71/0S I ncainoa otw 0110/05 ini/os 7374/05 I JIAISAM 133 TOI/ft 07 ***** I ran snot 044 7171/04 o+o4/05 15-15/05 I am 105 04-05/05 1714/05 73 74/05 I n6am«j^^si3^^o/47rt5^i3ivo^7«4/o^| HAl^^sS^| IIAISAN in
      618 words
    • 732 22 Ivtssu NAJM VOT UNGAPOtI POtT UUNG OfTTAGONC *MOA ETA CTA ITO fTA FTP f!A tTB octiai oiwiM im nm n/*s w/m IRW SIA STA> IMIOOS THU 01/05 W/05 03/05 Hf%i H/»S PC LAW OORMI MOW 05/05 N/05 04/05 10/05 14/05 OCHOROW *****51 TW N/05 W/05 00/05 17/05 17/95 IQCPWWT 00RQ04
      732 words
    • 1150 22 \/dz |PDZ LINES E3banßfc| |s«Mw»fc raojoosMwonfoo %*>ii%pt»| |A6l» M/oHoi*^ i—t*«M) 11W 19/ M laswn MH 17/04 K—MmT~ P/M MOT I MW|«/tS|aUAM IuOOO 01/tS 04/OSj B —e4M»«i U'T'|tt/M |CKWn Itll I ></>S H U..Uy~U—. I **"I lflfjll 199/05 111/95 I "wwi |mm|m/k Igmengliois |00/osk"*a« |mi7|m/»|s.mbm |mi|m/m|oumi Iuoi; lu/ts lii/os I BBMI
      1,150 words



  • Page 25 Miscellaneous
    • 128 25 >/* >r x/x^2ftj^— 1 pte^pl —j"" >^^^^!^y*^ IMi ir?/ Vj "W >, i^wnfii -jjliCgr. piwdfc.&Lf. MLm»»- <ra?a!»i%> KS -p* Issued by Meteorological Service Division,NEA LEGEND: I <C Thunderstorm Wind speed symbols Showers C Full circle w/o line indicates calm or light and variable winds Rain ne ha fleche represents 5
      128 words