The Business Times, 30 January 2004

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Microfilm: NL25370
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 024/03/2003 •ntom?t: 'Vup://business-times.asial .com.sg SINGAPORE FRIDAY, JANUARY 30, 2004 85C
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  • Article
    Lock icon IRAS seen tightening on delinquent taxpayers
    549 1  -  BT exclusive Revamped organisation will give greater focus to the needs of taxpayers By Andrea Tan [SINGAPORE] The Inland Revenue Authority of Singapore (IRAS) is set to join the ranks of government bodies that have restructured their operations. The one-year review of the tax
    549 words
  • Article
    Lock icon Make 50% of top exec pay variable: panel
    921 1  -  For middle management, it advocates variable pay of 40%, and for rank-and-file, 30% By Chuang Peck Ming [SINGAPORE] Management must take the lead. This principle must be uppermost in the minds of the Tripartite Taskforce on Wage Restructuring when it drew up
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  • Article
    Lock icon MARKETS
    79 1 sn 1,842.32 (-20.52) ST INDEX FUTURES 1,840.00 (-15.00) SIMSCI 224.80 (-2.51) SIMSCI FUTURES 224.70 (-2.10) Thursday Change KLSK < OMP XI <11 2.74 MKKKI 2» 10.779.44 73.(0 HAN(i SENG |:t;CV4.tll 97.77 SFT INDEX 714 04 H.IO JAKARTA (OMP __759.64 7.64 MANILA COUP —l>15J5 33j« TAIPKI WPI Wlite 7360 SEOULCOUP
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  • Article
    Lock icon FINANCE
    78 1 FOREX RATES US* S* CSS (SS per l'S$) 1.697 S(l SS/SS per S) UB 3.089 HI RO|l SS/SS/E). 1.250 t\ti YEN 105.9 H244I KM 3800 12» HKS 7.769 4577 BAHT :»il 2310 RIPIAH 8,431 4.967 RENMINBI 8*99 4.889 INDIAN RI'PEE 45.33 26 70 AS 1.298 0.765 NZ$ 14HW 0.877
    78 words
  • Article
    Lock icon Deadlier variant of Mydoom worm now on rampage
    396 1  -  It's more insidious than earlier version of computer virus By Raju Chellam [SINGAPORE] A potentially more dangerous variant of the Mydoom computer worm is now on the loose, infecting both corporate and home computers in an attempt to launch a concerted attack
    396 words
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  • NEXT page
    • Article
      Lock icon Fed keeps rates but its signal unsettles markets
      769 2  -  Investors taken aback by hint interest rates may rise sooner than expected From Andrew Marks in New York IT had to happen sooner or later. Wall Street had been speculating for six months about when the US Federal Reserve would hint at
      769 words
    • Article
      Lock icon It's crunch time for companies
      775 2  -  WAGE REFORM PROPOSALS Many welcome the ideas, but they are also not certain if they'll adopt suggestions By Chuang Peck Ming, Uma Shankari, Daniel Buenas [SINGAPORE} The groundlevel response to the recommendations of the tripartite taskforce on wage reform remains mixed, with some applauding the
      775 words
    • Article
      Lock icon S'pore Food Industries shows the way to flexi-wage system
      484 2  -  It has low, competitive base pay, high variable component By Chuang Peck Ming [SINGAPORE] Singapore Food Industries has a clear and simple wwes policy: low, competitive base pay and a high variable component. The first is designed to give staff a
      484 words
    • Article
      Lock icon What they say
      126 2 'My guess is that despite the latest recommendations, the small-scale, non-unionised employers mill still continue to do things the simple may, preferring to lay off employees during a downturn and pay when conditions require.' Song Seng Wun, GK Goh Economist 'Even assuming you persuade the average worker
      126 words
    • Article
      Lock icon Taskforce addresses AWS and other 'sticky' issues
      1035 2  -  Finns should start implementing MVC, it recommends By Anna Teo tSIf+GAPOFTSjISIhe annual frage supplement (AWS) part of variable wage or basic wage? Why is there still so much resistance to implementing a mctothly variable component (MVC)? And should the annual increment (AI) be
      1,035 words
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      81 2 tUQQhtil 6pcs Boaawood/Hong Tan/ Tabic set/4pcs Boaawood/Hong T*"T BMW taaMyaatf, jmH j| irUße■ £K»fis!Jg9& JZ I I 111 I LIU IU Jl 6pc« Hong T«n Safe Sat Rosewood^^^ Blackwood 4 Door* A £ZZ!Z, I Bo incorporation all major jurisdiction* 9 -,x r." m'v'-' •'T «BWnWlCbmpafisWtaMe Management and administration services China
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      442 2 Xotices PW IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF SPPM PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE TO SUBMTT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed company, whose debts or claims have not already been
      442 words
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      5 2 A plainer-speaking Fed? Pg 10
      5 words
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  • SINGAPORE companies
    • Article
      Lock icon Listings burdened by big fat pink elephants
      848 3  -  HOCK lock siew r sivanithy LIKE unidentified flying objects, pink elephants aren't supposed to exist. So when one materialises, people find reasons to tiptoe around it or look for excuses as to why it can't or shouldn't be there. In fact, they'll do
      848 words
    • Article, Illustration
      Lock icon Creative Q2 net profit surges 55%
      625 3  -  It beats forecasts with US$29.2m profit, but revenue comes in lower than hoped By Serena Ng CREATIVE Technology beat analysts' expectations again yesterday by reporting a 55 per cent surge in fiscal second-quarter net profit to U5529.2 million, as strong Christmas sales of digital
      FILE PHOTO  -  625 words
    • Article
      Lock icon Stats impresses with turnaround in Q4
      454 4  -  It reports Q4 earnings of US$7.Bm but falls short of fall-year profit By Tang Weng Fai ST ASSEMBLY Test Services (Stats), the world's fifth largest chip test company, staged a spectacular comeback in the final quarter of 2003, but narrowly missed returning to the
      454 words
    • Article, Illustration
      Lock icon Aye, aye, IPO
      129 4 [SINGAPORE] Hungry investors staked out DBS Bank ATMs yesterday waiting to get a piece of semiconductor specialist United Test and Assembly Center's (Utac) initial public offering 0f220 million new shares at 83 cents apiece. The 15-million-share first-come, first-served A TM shares were offered at 3pm and snapped
      ARTHUR LEE  -  129 words
    • Article
      Lock icon Goodpack hits record close after Venture chief ups stake
      308 4  -  By Kenneth Lim PACKAGING specialist Goodpack's shares surged 15.6 per cent to a record close of $1.15 yesterday as a slide in the broader market dragged the Straits Times Index down 1.1 per cent. The rise came a day after Venture
      308 words
    • Article
      Lock icon KepCorp shares still look good
      414 4  -  Keppel subsidiaries seen cushioning expected weakness in OM sector By Joyee Koh DIVERSIFIED Keppel Corporation's full-year results will btfgannounced today with foreopst median earnings of SwP million, based on a Bloomberg compilation of J5 research houses. Analysts say that since Kerppel's subsidiaries Singapore Petroleum Company
      414 words
    • Article, Illustration
      Lock icon Novena swaps shares for 56.1% of Green World
      439 5  -  Furniture retailer to make general offer for environment management firm By Taila Krishnakumar SESDAQ-LISTED Novena Holdings is acquiring a 56.1 per cent stake in Green World Holdings, another Sesdaq-listed company, in a one-for-one share swap deal that will raise the vendors' stake
      ARTHUR LEE  -  439 words
    • Article
      Lock icon Winding-up petition filed against ei-Nets
      467 5  -  Former exec says firm has failed to pay him $297,000 in legal costs By Kenneth lim A FORMER ei-Nets executive said he has filed a wind-ing-up petition against eiNets after it failed to pay him about $297,000 in legal costs from a wrongful dismissal case,
      467 words
    • Article
      Lock icon Hua Kok revamps as China play with stake in steel firm
      463 5  -  By Vince Chong AS part of its strategy to return to profitability, Hua Kok International is pinning its future on China, starting with a stake in China Steel Pte Ltd, a company controlled by Singaporean businessmen including China Food
      463 words
    • COMPANYBriefs
      • Article
        Lock icon Credit Suisse sells part of NOL stake
        111 5 Bloomberg NEPTUNE Orient Lines Ltd, Singapore's largest shipping line, said shareholder Credit Suisse Group sold more than a third of its stake in the company for SsBs million. The 38 million shares, which represent about 2.7 per cent of Neptune Orient's outstanding stock,
        Bloomberg  -  111 words
      • Article
        Lock icon KepFels divests stake in Enseo
        117 5 KEPPEL Fels, a unit of Keppel Corp. has divested its entire 75 per cent interest in Ensco Enterprises Ltd for US$95 million in cash to Ensco Offshore International Company, a subsidiary of Ensco International Inc. Net gain from the disposal is Ss22 million or 2.8
        117 words
      • Article
        Lock icon BIL to sell Air NZ stake for NZ$96.4m
        73 5 BIL International Ltd (BIL) said it will make a net profit of 5535.5 million for the financial year ending June 30,2004, from selling all of its 229.5 million shares in Air New Zealand for NZ596.4 million (Ssllo million). "The cash proceeds from
        73 words
      • Article
        Lock icon Nera gets US$2.2m telecom order
        47 5 NERA Telecommunications Ltd said it has received purchase orders for the supply of Compact IV PDH radio equipment to a cellular operator in the Philippines and Nera Networks Inc in the US. The orders have a total value of about US$2.2 million.
        47 words
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      Lock icon Page 3 Advertisements Column 1
      169 3 only the best is good enough... 'C*s ww w. I x >v(' 11 leu r icr. ch FLEURIER Perpetual Calendar Attention to detail, restraint, and above all. flair. FLEURIER COMPLICATED watches are stylised adaptransmute all the originality of BOVET's 19th century tations of BOVET pocket watches. Made in small timepieces
      169 words
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  • Article, Illustration
    Lock icon FINANCE
    966 4 Transaction date: Jan 29 nTTEEBAMK CROSS RATES A$ Q W too IW$ mils BupUti Von Won m llg Wh Pwo SS ttmd Sfr WTS Bafct Pmm4 US$ Australia 1.021 6.395 0.616 5.906 34.929 64.965 0.816 9.031 2.926 1.147 ***** 43.132 1.306 5.420 0.965 25.721 ***** 0.423 0.771 CaMdi 0.979
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2458 4 UNIT TRUSTS FUNDS ■nMEmSHHH o.m Com Global UtesMe Met Fd 0.964 ff? 1 Com Global HeattiiideK Fd 0194/ SoiEt*opeEqty< 0.777/ Com Global Telecom Mb Fd 051V SOi Eimpe Bond 1.281/ CamOotMlHi**: IndB. Fd!" 0392/ S«ar Ei*op* Bal 1.005/ Com Global tnmi Ma Fd lid* teAsarTjgeb* 0*1/ com Global tESwb. Fd
    2,458 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      43 5 S-YARD DISTINCTIVELY THE NO. 1 CLUB irx WIVER Following a decade of ssounding success and novation, S-YARD has just ited another masterpiece, jst-drive it for yourself at sn Fairways Driving Range, Bukit Location (members only). Raffles Country Club Transview Golf Country Club today.
      43 words
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  • SINGAPORE markets
    • Article
      Lock icon BROKERS' TAKE
      645 6  -  Compiled by VEN SREENIASAN Kappel Land, Jan 29 ctocMs $1-79 KEPLAND posted better-than-expected pre-exceptional net profit of $126.4 million, driven by higher sales, recognition from One Park Avenue and $20 million savings from group tax relief. Post exceptional Patmi (profit after tax and minority interests) of $100.6 million
      645 words
    • Article, Illustration
      Lock icon Look for small-caps with compelling growth stories
      259 6  -  HOT STOCK WARRANT By Ven Sreenivasan THE local bourse has exhibited an interesting feature in the past two days as it was buffetted by severe profit-taking: relatively strong resilience of situational small-caps. While blue-chips were battered, many small-caps and recent issues stood their
      Source: Bloomberg  -  259 words
    • Article, Illustration
      Lock icon Broad market rises despite index's loss
      511 6  -  BT comment STOCKS r. sivanithy IT HAS been a long time since the Straits Times Index suffered two consecutive days of widespread weakness, so yesterday's 20.52-point plunge to 1,842.32, which came after Wednesday's 42-point slide, should have rattled a lot of nerves. But oddly
      Source: Bloomberg  -  511 words
    • Article, Illustration
      Lock icon Change in Fed-speak gives US$ a breather, but it may not last
      613 6  -  BT comment CURRENCIES larry wee A SUBTLE change in "Fedspeak" gave the unpopular US dollar a lift but it was off its highs by the Asian close. jg|ln New York trading averAiight, the immediate refcp tion to the
      Source: Reuters  -  613 words
    • TRADES TO WATCH
      • Article
        Lock icon Prudential pares First Engg stake
        80 6 FUND manager Prudential Asset Management ceased to be a substantial shareholder of First Engineering after selling 542,000 shares, or a 0.27 per cent, stake on Jan 27. The open-market sale reduced Prudential's deemed holding in the company to 4.85 per cent, or 9.77 million shares,
        80 words
      • Article, Illustration
        Lock icon AEM-Evertech bosses buy shares
        125 6 THE chief executive officer and president of AEMEvertech Holdings, Ang Seng Thor (above left), and the company's executive chairman, Tok Kian You (above right), each bought 200,000 shares in the open market on Jan 28 at 33 cents apiece. The purchase raised Mr Ang's direct holding
        125 words
      • Article
        Lock icon Sam Goi adds to Serial stake
        76 6 POPIAH king Sam Goi's direct shareholding in electronics component distributor Serial System has crossed the 11 per cent mark following an open-market purchase of 710,000 shares on Jan 29. He now has a direct stake of 11.07 per cent in Serial, up from 10.83
        76 words
      • Article
        Lock icon UK fund trims Magnecomp shareholding
        88 6  -  Compiled by SERENA NG LONDON-BASED fund manager Atlantis Investment Management's Asian Smaller Companies Fund sold 200,000 shares in precision component maker Magnecomp International on Jan 27. This reduced the fund's deemed shareholding to 5.05 per cent, or 11.69 million shares, from 5.14 per cent. Atlantis
        88 words
    • Article, Illustration
      Lock icon Untitled
      407 6 OTHER SINGAPORE INDICES Jan 29 VALUE CLOSE BT OB/OS -211.00 43.00 BT CAM -*****.00 +31.00 BT 10-day MA -*****.00 -21.00 492.96 -2.52 S6 BpMw Ehct 188.92 -1.82 SG EqaitiM Flu 1548.39 -30.17 SG E«ittMPr>p 464.63 -2.41 SMSa 224.60 -2.51 SMSdFatew 224.70 -2.10 Stocks Volume Speedy-Tech 5c 123.741,000 AEM-Evertech 5c 59,315,000
      407 words
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  • PERSONALfinance
    • Article, Illustration
      Lock icon Sit back and let your life cycle fund cruise along
      748 7  -  ROY VARGHESE takes a closer look at this product category which demands very little from its investors and could well be a model for privately managed pension plans ROY VARGHESE S the Central Provident Fund Board considers how to tailor
      Source: c  -  748 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      702 7 COLLECTIVE SALE Serangoon Apartment Land: 4282.6 sq m > (Approx 46,097.8 sq ft) v\ Tenure: Freehold > Plot Ratio: 1.4 Near to Kovan MRT Seraya Crescent Old Upper Thomson Road Land: 3131 sqm A PP r o x 33,702 sq ft) AT**""l AVE Tenure: Freehold I p|ot Ratjo; 1 4
      702 words
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      Lock icon Page 7 Advertisements Column 2
      39 7 Cartler When the jeweller-watchmaker bejewels the eyes... An exhibition of Cartier's precious and contemporary eyewear collection for the first time in Singapore IESL From now to 2 February 2004 3, Temasek Boulevard, #01-073/075 Suntec City Mall Tel: 6332 5332
      39 words
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  • SINGAPORE news
    • Article
      Lock icon STB aims for 24% growth in visitor arrivals
      613 8  -  EYE on the economy visitor arrivals It plans new campaign to restore incoming traffic to 2002's level of 7.6m By Chen Huifen BETTER-than-expected visitor arrivals in 2003 has prompted the Singapore Tourism Board (STB) to set a growth target of 24 per
      613 words
    • Article
      Lock icon S'pore property market highly transparent
      613 8  -  By Kalpana Rashiwala SINGAPORE has been ranked close behind some of the world's most transparent real estate markets, benefiting from the introduction of Real Estate Investment Trusts (Reits), according to Jones Lang La Salle. The international consultancy's just-released 2004 global real estate transparency index also
      613 words
    • Article
      Lock icon Optical, furniture industries set sight on upgrading and training
      260 8 THE Singapore Optical Trade Association (Sota) yesterday launched the Optical Industry Upgrading Plan, an initiative developed under SPRING Singapore's Industry Capability Upgrading Programme (ICAP). The three-year action plan includes strategies to improve business performance, enhance workforce skills, adopt technology as well
      260 words
    • Article
      Lock icon S'pore-Korea FTA deal expected by year-end
      259 8 SINGAPORE, which concluded a flurry of free-trade agreements last year, will tie up a deal with South Korea this year, officials said yesterday. At a news conference following the first round of negotiations, delegates from both sides said the meeting was useful in establishing
      259 words
  • Article
    Lock icon COMMODITIES
    1489 8 S1C0M FUTURES Jan 29 1 RUBBER (Oort| pricts) dim Mm Open Month I— Sett (tmm) Feb 04 ***** Mar 04 2*50 Apr 04 219.00 May 04 219.75 Jun 04 220.50 Jul/Sep 04 ***** tSS30»ce*fe Vohm* 0pm Month ifh lev Sett (town) Merest Feb 04 ***** 123.25 ***** 800 960
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  • REGIONAL news
    • Article
      Lock icon Thailand exports first cargo from new oil trading centre
      468 9 SRIRACHA, Thailand 4,000-tonne tanker carrying 90-octane petrol shipment bound for Vietnam Reuters THAILAND made its first oil export from a new trading centre near Bangkok yesterday, a crucial initial step in an ambitious plan to rival Singapore as Asia's oil-trading hub.
      Reuters  -  468 words
    • NOTEBook
      • Article
        Lock icon US-China centre to mediate disputes
        67 9 AP [BEIJING] US and Chinese business groups are setting up a centre in Beijing to mediate commercial disputes as an alternative to the cost and unpredictability of China's court system. An agreement creating the US-China Business Mediation Center was due to be signed yesterday in
        AP  -  67 words
      • Article
        Lock icon Ranhill eyes stake in PNG gas project
        75 9 Reuters [MELBOURNE] Papua New Guinea oil and gas producer, Oil Search Ltd, said Malaysian engineering and construction firm Ranhill Bhd was seeking to buy into a US$3.5 billion gas pipeline project from PNG to Australia. Managing director of Australian-listed Oil Search, Peter Botten,
        Reuters  -  75 words
      • Article
        Lock icon Bomb scare in Jakarta buildings
        76 9 Bloomberg [JAKARTA] Two office buildings in Plaza Bapindo in Jakarta's business district were evacuated around lunchtime after receiving a bomb threat from a caller who identified himself as a known fugitive and bomb expert, the management said. No bombs were found. Citibank and Allianz are
        Bloomberg  -  76 words
      • Article
        Lock icon San Miguel posts 2.5b peso Q4 profit
        78 9 Bloomberg [MANILA] San Miguel Corp, the largest Philippine food and beverage company, had its biggest quarterly profit in five years, boosted by sales of beer, food and packaging materials. Fourth-quarter profit was 2.56 billion pesos (5576.8 million), exceeding the 2.38 billion peso median
        Bloomberg  -  78 words
      • Article
        Lock icon Indonesia to sell 10% of Bank Mandiri
        94 9 Reuters [JAKARTA] The Indonesian government plans to sell another 10 per cent of the country's biggest bank, PT Bank Mandiri, in the first half 0f2004, a source at the state enterprises ministry said yesterday. "Yes it would be 10 per cent through a
        Reuters  -  94 words
      • Article
        Lock icon Bangalore airport work begins
        81 9 AFP [BANGALORE] Work on a private international airport in India's technology hub of Bangalore, being built by a consortium headed by Germany's Siemens, began yesterday but officials said many obstacles remained. The Siemens consortium, which includes Zurich Airport Authority and India's construction firm Larsen and Tubro,
        AFP  -  81 words
    • Article
      Lock icon Hutchison to sell HK phone arm
      490 9 HONG KONG Bloomberg BILLIONAIRE Li Kashing's Hutchison Whampoa Ltd plans to sell its Hong Kong fixed-line phone business to a publicly traded affiliate for HK$7.l billion (Ssl.s billion), almost twice the value of the asset in its accounts. Vanda Systems Communications Holdings Ltd, a
      Bloomberg  -  490 words
    • Article, Illustration
      Lock icon Train operator ERL planning to go public
      410 9 MALAYSIAN IPOS Analysts see good demand for shares if bird flu outbreak is controlled Reuters [KUALA LUMPUR] Malaysian train operator Express Rail Link (ERL) said yesterday it planned to list its shares, making it the second budget transport firm in the country to
      Reuters; NSTP  -  410 words
    • Article
      Lock icon No time frame to revive Felda share sale: KL
      263 9 Bloomberg [KUALA LUMPUR] Malaysia said it's in no hurry to revive the initial public share sale of Federal Land Development Authority, or Felda, which would become the world's biggest listed palm oil company by market value. During his first month as
      Bloomberg  -  263 words
    • Article
      Lock icon TSMC posts record sales, six-fold earnings rise in Q4
      429 9  -  Strong communications chip demand pushes up profit to NT$16b From Macabe Kellher in Taipei CITING strong communications and consumer chip demand, Taiwan Semiconductor Manufacturing Co (TSMC) reported record sales and a six-fold increase in net profit for the fourth quarter of
      429 words
    • Article
      Lock icon KFC faces up to one-third slump in Asian sales
      512 11 BIRD FLU Consumers shun chicken meat and supplies run short in some countries Bloomberg [SEOUL] Yum! Brands Inc's KFC, which sells as much chicken in China as in the US, may face a drop in Asian sales of as much as
      Bloomberg  -  512 words
    • Article
      Lock icon Indonesia orders mass culling of poultry infected with bird flu
      291 11 JAKARTA AFP INDONESIA yesterday ordered the immediate killing of all poultry infected with bird flu as it started to fall in line with other Asian nations after pressure from the World Health Organisation (WHO). "We will do it. We will
      AFP  -  291 words
    • INBrief
      • Article
        Lock icon Taiwan finds new bird flu outbreaks
        65 11 Bloomberg [TAIPEI] Taiwan has found two new outbreaks of bird flu among ducks and chickens in the island's south, an official at the Bureau of Animal and Plant Health Inspection and Quarantine said yesterday. Officials will kill 10,000 ducks at a farm in Yunlin
        Bloomberg  -  65 words
      • Article
        Lock icon One-third of Thai provinces affected
        87 11 AP, Reuters [BANGKOK] Bird flu has been detected in over a third of Thailand's provinces, the government said yesterday. The latest provinces to be affected are the northern and central provinces of Chiang Rai, Sisaket, Surin, Nakhon Panom and Prachinburi. Thai stocks, meanwhile, fell to
        AP,; Reuters  -  87 words
      • Article
        Lock icon Tests on HK woman prove negative
        50 11 Bloomberg [HONG KONG] A 75-year-old Hong Kong woman who returned with a fever and cough from a Chinese New Year trip to Vietnam has tested negative for bird flu, the Hospital Authority said yesterday. Test results for Sars are pending, the agency said. Bloomberg
        Bloomberg  -  50 words
      • Article
        Lock icon Pakistan orders culling of poultry
        37 11 AFP [ISLAMABAD] Pakistan, the first South Asian country to detect bird flu, has ordered the culling of all infected poultry in its south but offered no compensation to breeders, officials said yesterday.
        AFP  -  37 words
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      308 9 ill 1 amazing organist. 1 brilliant trumpeter. 1 >r. Simon 315^^ v\on 'wS* 4 <Iirev llii' lie Id ol t,i!ludi il musii. Simon will perform with eritii.ilk- ;uel;iimed trumpeter ll;ik;in Ihirdenherqet. ,i ln«|hlv eh.irism.itK musiei;ui f I .iikI out* ol our (icncr.ition's most uotiihlv interpreters of new musk. I I
      308 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon When elephants come crashing back to earth
      789 10  -  THE bottom line OPINION thomas friedman NYT A YEAR ago, at the Davos World Economic Forum, I saw elephants fly. Yes, sir, right here in the Swiss Alps I saw big ideas defying gravity. At this year's Davos forum, though, all the elephants
      NYT  -  789 words
    • Article
      Lock icon IN OTHER WORDS
      114 10 'I am not stupid enough to issue that order. I challenge them to shoot me if I am telling a lie.' Eduardo Ermita the Philippines defence secretary, after a group of junior army officers demanded that he resign, saying he ordered some of their comrades to spy
      114 words
    • Article
      Lock icon Way ahead for Indonesia
      564 10 EDITORIAL THERE can be no denying that Indonesia falls woefully short of fulfilling its economic potential. South-east Asia's largest and most populous country is not only falling behind its neighbours in economic growth but a generation of Indonesians may be denied a secure future. But, as
      564 words
    • Article, Illustration
      Lock icon Who's afraid of banking liberalisation?
      1314 10  -  Foreign banks are a plus not a threat to an economy By Ramkishen S Rajan IN the aftermath of the East Asian crisis of 1997-98, financial sector restructuring has been an essential element in structural adjustment programmes in Indonesia, South Korea, Thailand and the Philippines.
      AFP  -  1,314 words
    • Article
      Lock icon A plainer-speaking Fed?
      634 10  -  COMMENTARY Analysts and economists made of Wednesday's statement whatever fitted their forecasts By Caroline Baum Bloomberg ETYMOLOGISTS might view the change in language as a distinction without a difference. The bond market saw it as a giant step for the Federal Reserve. The Fed clearly surprised financial
      Bloomberg  -  634 words
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      146 11 i"W r. Ji II 'I |I .<- t, I ->| pi I rtf k| I j I fgM IPsm r L iss y BflH I i^H Uli m- I f<SS El >r;\3 gSte--r ft Jf I Pfeft y Ji v *1 -■"*-a K«p?£■ j| ft9| v 'I; IJJH L By
      146 words
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      Lock icon Page 11 Advertisements Column 2
      1504 11 SEKSUN CORPORATION LIMITED Subdivision of every one (1) ordinary share of SSO 20 into two (2) ordinary shares of SSO 10 each in the capital of Seksun Corporation Limited (the "Subdivision") Notice of Book Closure and Adjustments to Warrants Further to the announcement made by the Company on 28 January
      1,504 words
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      Lock icon Page 11 Advertisements Column 3
      462 11 PCL PACIFIC CARRIERS LIMITED (Incorporated in the Republic of Singapore) NOTICE PURSUANT TO SECTION 76(10Kh) OF THE COMPANIES ACT, CHAPTER 50 NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Chapter 50 (the "Act") that at an extraordinary general meeting (the "PCL EGM") of Pacific Carriers Limited
      462 words
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      Lock icon Page 11 Advertisements Column 4
      292 11 PATERSON LAND PTE LTD NOTICE OF RESOLUTIONS NotK« is hereby given that at on Extroordinory General Meeting of PATERSON LAND PTE LTD deemed to have held pursuant to Section 179(6) oi the Companies Act (Cop 50) at 30 Hill Street #05-04 Singapore *****0 on 27th January 2004, the following Special
      292 words
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  • Article
    Lock icon STOCKS ASIA
    4669 12 Transaction date: Jan 29 HONGKONG Vol HKExchanges*Oaring 19.90 -120 ***** NKS 000 HKRHO... 3.18 0 03 7566 H K and China Gas 12 65 -0.10 7100 AeonCredit 545 0 05 436 Hong Kong Electric 31.30 020 4083 Aeon Stores 6-35 0.15 246 Hongkong Chinese 1.08 unch 2424 Alpha
    4,669 words
  • Article
    Lock icon KLSE
    2262 12 Transaction date: Jan 29 KUALA LUMPUR y- OSSS^Z=S 3SJ 17? lit W- i""* 1 General Soil 1-26 unch 0 Genting 16 80 -0.10 1974 A M Realty 1.76 -0.05 59 Gecxge ICer* 1.14 -003 37 Abric 0.92 unch 0 GkfcetroniaT**.. 7.00 unch 67 ACP Industries 2.97 mdi 17 "JP*
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    689 12 Transaction date: Jan 29 %wlft CM IW 4W OJS 2.1*0 4CBU ri|Ti■ 4 iio i4o> -<toi© ocx m izjoo one OmiMMSc 140 in <10 out 0« UK <0090 o+omm us use uso o« i«*o Oil t* am 4W Naafcrs Food M50t 0J4 1.140 >0090 niir i ts om tun
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    684 12 BONDS WARRANTS Tal Last V«l Com Eur *Dac Ml &■)■> S* t> r«M> tofc Hto >1 UH 3698 AST1W*****1 42 3.5 410 1 16 -1 1.39 S 3697 Acma Ltd W*****6 AS 1 50 432 19 00 10 3602 Amtek W*****0 110 -4 9 1 33 -1 131 17 3603
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  • WORLD news
    • Article, Illustration
      Lock icon Time Warner turns around on film biz
      943 13 RESULTS WRAP Cable Wireless posts 5% drop in Q3 revenue; STMicro's Q4 revenue np 18% Reuters, Bloomberg [NEW YORK] Time Warner Inc, the world's largest media company, on Wednesday reported a quarterly profit, reversing a year-ear-lier loss, on strength in its film business,
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    • WORLDWatch
      • Article
        Lock icon Blair accepts BBC apology
        102 13 Bloomberg [LONDON] British Prime Minister Tony Blair yesterday accepted an unreserved apology from the British Broadcasting Corporation for errors in a report alleging that his government doctored intelligence on Iraq. "This for me has always been a very simple matter of an accusation that... was made.
        Bloomberg  -  102 words
      • Article
        Lock icon US got it all wrong about Iraq
        83 13 AFP [BAGHDAD] The former chief US arms inspector on Wednesday said "we got it all wrong" about Iraq's weapons. David Kay, testifying before a Senate committee, called for a review of the US intelligence failure over Iraq's weapons of mass destruction but insisted
        AFP  -  83 words
      • Article
        Lock icon Aventis supervisors reject takeover
        66 13 Bloomberg [PARIS] The supervisory board of Aventis, France's biggest drugmaker, unanimously rejected a hostile takeover bid by French rival Sanofi-Synthelabo and recommended that shareholders vote against it. The supervisors confirmed a management board decision on Monday to reject Sanofi's 45.7 billion-euro (5196.9 billion) bid to merge
        Bloomberg  -  66 words
      • Article
        Lock icon STMicroelectronics sees chip boom
        61 13 Reuters [GENEVA] The chief economist of STMicroelectronics said yesterday the global market for semiconductors would grow at least 23 per cent and as much as 32 per cent this year. 'Twenty-three per cent is certainly the low end of the bracket for what we can get
        Reuters  -  61 words
    • Article
      Lock icon Growth in wages, benefits moderates in Q4
      355 13 LATEST US DATA 0.7% rise marks smallest gain since Q4 2002 AP, Bloomberg [WASHINGTON] Workers' wages and benefits grew by 0.7 per cent in the final quarter of 2003 the smallest quarterly increase in a year as US companies, still uncertain about the
      AP,; Bloomberg  -  355 words
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      Lock icon Exxon Mobil ordered to pay US$7b in damages
      392 14 ANCHORAGE, Alaska Money will go to Alaskans affected by Exxon Valdez oil spill in 1989 AP, AFP A FEDERAL judge has ordered Exxon Mobil Corp to pay about U556.75 billion to thousands .of Alaskans affected by the 1989 Exxon Valdez oil spill.
      AP,; AFP; AFP FILE PHOTO  -  392 words
    • Article
      Lock icon Intel seen cutting chip prices
      235 14 SAN FRANCISCO Reuters INTEL Corp will cut prices on its microprocessors by as much as 35 per cent on Monday, two weeks earlier than planned, as it prepares to introduce a new chip for desktop computers, an analyst for Susquehanna Financial Group said on Wednesday.
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    • Article
      Lock icon Canary Wharf founder fails to muster bid
      188 14 LONDON Reuters THE founder of British property group Canary Wharf conceded yesterday he had not gathered the funding necessary to topple an agreed US$2.B6 billion bid for the owner of Britain's tallest building. It is now up to founder Paul Reichmann's ally, Canadian
      Reuters  -  188 words
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      585 13 EWORLD OF SPORTS.COM LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of eWorid of Sparts.com Laimod (the "Company") will be hekl M No. lOChangi South Lane. #07-01 Ossia Building, Singapore *****2 on 24 February 2004 at llJOajn.
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      851 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 1) PUSAKA INDAH TRADING PTE LTD 2) UNIVERSAL PRATAMA TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of fINAi MEETING NOTICE IS HEREBY GIVEN purwonl to Section 308 (2) olthe Componiei Act Cop SO. th. FINAL
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      618 13 iflfe KUOK (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE PURSUANT TO SECTION 76<10Kh) OF THE COMPANIES ACT, CHAPTER 50 NOTICE IS HEREBY GIVEN pursuant to Section 76<10)<h) of the Companies Act, Chapter 50 (the "Act") that at an extraordinary general meeting (the "PCL EGM") of Pacific Carriers Limited
      618 words
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      203 13 TACTICAL AUTOMATION PTE LTD (Incorporated in Singapore) NOTICE Of MEETING OF CREDITORS Notice is hereby given that o Meeting of the Creditors of the Company will be held ot 50 Collyer Quay, *02-03/04 Overseas Union House. Singapore *****1 on Friday. 13 February 2004 at 3.00 p.m. 1 The Com pony
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      934 13 J Brilliant M Manufacturing Limited :Z (Incorporated in the Republic of Singapore) A NOTICE IS HEREBY GIVEN that the Annual General Meeting of BRILLIANT MANUFACTURING LIMITED will be held at 21 Übi Road 1, Singapore *****4 on Wednesday, 18 February 2004 at 11.00 a.m. to < transact the following business:-
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  • Article
    Lock icon SGX MAINBOARD
    6322 14 Transaction date: Jan 29 52-Wk T4 lart Vol Day Lat Quote GfOfcr Ot* GrtW Not MCa> MN» U» Code Cill Salt W- rOWl M* to* Ba»«r Cw W M 69.5 39.5 5834 A-SoniC 47.5 +0.5 1153 47.5 46 47 475 16 4 134 g 5300 ABNAmroNLG 56c 9
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    Lock icon SGX XTRANET
    70 14 B-M M Lad M Day LMQmM fefN* On GrYW MM MCjf m+ I— <**» CQi»wy W» W- (11 M0i t— —wr Cw Wl Vll 2060 2000 6065 Dumorxfc USOtO 2130 9100 ton K Oi lis Tach ratal 6097 iSMSaSpare USS55 «01 ISS4HOO USBM 9650 9650 6170 STORS US9650
    70 words
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    Lock icon SGX SESDAQ
    1835 14 S2-m Td LM Val Day last Quote &M W» GrTW MM MCaa I—> Ca4e riw>M| Sate rtm MN» 1—1 Cw W sJ 26 75 500C ABRHldgsSt 1«.S 103 1*5 175 II IU 35. 42 125 2101 APCMSc 32 *05 268 32 32 32 32.5 21 K26 35 14
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    Lock icon CLOB INTERNATIONAL
    337 14 U-Wk M M Ml Off LatQuaM 6rDt» H« CrVM MM MCw WLbM. Cmmam 5*. w- rw wf i— 5«h> Cw %wis3 193 96 600C AVJWVMA2SC Al» -1 181 180 180 182 40 85 S4 64 387.4 (001 CMtMyPKJOt MK720 265 2.1 7.4 6 *****2 MB OMurn KonglBc HK1780
    337 words
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  • EXECUTIVELifestyle
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      Lock icon Nailing it down to an art
      1471 15  -  A new generation of nail salons has cropped up in shopping malls lately, a far cry from the small, nondescript outfits they used to be. CHEAH UI-HOON checks out their trendy set-ups and inviting ambience CHEAH UI-HOON EVEN if you're not one to bother
      ARTHUR LEE  -  1,471 words
    • COVER STORY/CINEMA
      • Article, Illustration
        Lock icon Human depravity disguised as art
        608 16  -  'Irreversible' repulses with its intellectual and artistic pretensions By Geoffrey Eu FOR cinema that is bent on notoriety and beyond nauseating, look no further than Irreversible, French-Argentinian director Gaspar Noe's hugely distressing, high-voltage chronicle-in-reverse of a long, unrelenting and ultimately doomed day in the lives
        608 words
    • THE ARTS
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        Lock icon Ambitious effort
        463 17  -  Hong Kong Ballet's The Last Emperor falls short in its choreography and narrative By Cheah Ui-Hoon TRYING to squeeze one of the most turbulent and complex times in modern Chinese history into a theatrical play can be daunting enough for any dramatist, but it's an even more difficult
        463 words
      • Article, Illustration
        Lock icon Cutting-edge collaboration
        421 17  -  Kun opera, Zuni style was an enriching experience By Sangeetha Madhavan IN a production that showed off much of Esplanade Theatre's built-in technical capabilities, self-styled cultural collective Zuni Icosahedron showed why they deserve the title of being one of Hong Kong's and perhaps Asia's most cutting-edge grouping of
        421 words
      • Article
        Lock icon A musical treat from Wang Jian
        365 17  -  By Frank DeMeglio BACH'S Suites for solo violin and cello can be as difficult on the listener as they are for the performer. The main problem is that when they are played badly, it is hard to make sense of what you are hearing
        365 words
    • Making Time
      • Article, Illustration
        Lock icon A charming second watch
        1377 18  -  Sam Benjamin is among the newer faces from family-owned watch businesses in S'pore, but he brings fresh passion and perspective to an industry that revels in tradition and technology. LEELA JESUDASON tells us about the man behind Girard-Perregaux here LEELA JESUDASON WITH his ready smile, quick
        1,377 words
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      67 15 KL m l Audi «8y ,i it i KB dliji'ii' iiiiiiiiiiM^^M nBS^BHIHsRsB MA R CQX) generosity manifestation i"» v vi w Tr.. I function To aoDrsciflltfl ;,.h. s ,4^l dWF I visit Premium A^BobHes S today and exgtiHHHEfl jdP its breathtaking beauty Vorsprung durch Technik www.audi.com.ig and P ow f
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      153 16 I¥7l i 1® "1 i. i Presented Aji Diners Club Credit Cdrd to apply, can: 6416 0980 Where to wine, dine and entertain... &Treats fwoww Ifcoctww fusion. I Special Lunar New Year Set Menus 21 January 5 February The master chef of Hua Yuen Chinese Restaurant has proudly put together
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      190 16 "East Meets West" /f/7 Buffet Hi-tea Every Saturday, Sunday ft\v ))j PubUcHoMayalCaMVanda [yJf 12.00pm-4.30pm Adult $14.80* '(Cy/W) V Child SI o.oo+♦♦ (4-1 2yr*) Tea to lndud» D*m Sum. Sotay, Latoo, Kofafc, CMdxn ortd moral Popular dMMrtaawOwndot and Hamamade NonyaKuay For parti*, of 25 or mort, |u.t add $2.00 ptf ptffiHilowiloythtWiiliixl
      190 words
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      130 16 JC'INGA tMfood r»tiMr«Ai Open-air with sea-breeze Attap roof dining atmosphere Dry our specialty live seafood Lobster Sashimi Drunken Prawns Chilli Crabs plus Razor Clams, Geoduck, Variety of Live Fishes etc. Steamed, BBQ, Deep-Fried etc. 920 East Coast Parkway Tel: 6345 1111 Fax: 6345 2138 (Ample free parking for your convenience)
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      58 16 M E R.ITU S MANDARIN SINGAPORE LOCAL HIGH TEA FAVOURITES Weekdays: $22.80+++ Weekends: $23-80+++ Reservations: Mezzanine 6831 6286 MERTTUS MANDARIN otu 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361. SPECIAL OFFER wj/M Wf iHttras jgm Bolxd twpErtar Shark's Fin J&JS& 4fc*MtVMt *<«««> Yu Jia Zhuang
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      66 17 Off The Cuff has been held over COMPLIMENTARY BT OUT of the office tomorrow? Then ask for a complimentary copy of The Business Times at Millenia Walk and selected F&B outlets at the following malls: Scotts, Liang Court, Plaza Singapura, Clarke Quay, Funan IT Mall, IMM, Tampines Mall, and Junction
      66 words
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      Lock icon Page 17 Advertisements Column 2
      130 17 Celebrating 25 years of //ATlTmusic fINGAJ»Q«I An Evening With Bobby McFerrin Andthf sso February 2004, Esplanade Concert Make a date with ten-time Grammy Award winner Bobby McFerrin of "Don't worry, be happy" fame, one of the world's best-known vocal innovators I and improvises, and renowned classical a conductor. I At
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      80 17 c VA HIND DEVELOPMENT jIB^ ifyW \SK IN It)WI-:? I Kl I 11( I > I i I It Kt i- i -Sa s .1 modem Ml I I k \< I 1 > 5'-\\ v'.l i xpt• v •< .,'J 'Hi i■ i i <in<i m III Wl Ml
      80 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      231 17 CRYPTIC CROSSWORD might seduce an worker and head off tension (9) |H| feBT the Americas? 12 Chap with time to look around Subdue the crowd after work reason! (7) Townsman returning food here. Hg IB 20 Point to one who sheds tears 22 One to censure religion (5) 23 Tory
      231 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon S'pore port shatters records
      819 19  -  Banker sales, shipping tonnage, container handling up last year By Donald Urquhart [SINGAPORE] Despite intensifying regional competition Singapore broke existing records for its bunker sales, shipping tonnage and container throughput for 2003, according to statistics released yesterday by the Maritime and Port Authority (MPA) of Singapore.
      ARTHUR LEE; Source: Department  -  819 words
    • Article
      Lock icon TRANSPORT STOCKS
      283 19 SGX '000 Jan 29 St *4- VI CM Offshore .0.35 -0-01 2X6 Chuan Hup 0.49 unch 559 Coaco Investment. 0.75 0.02 ***** CWT Distribution 0.55 -0.01 4 EzraHkto 1.02 -0.02 223 frertW Links .0.13 unch 740 GB holdings 0.69 -0.01 5 Jaya Holdings 0 87 0.02 1201 K1
      283 words
    • Article
      Lock icon Panama Canal charges up
      63 19 THE Panama Canal Authority (ACP) is increasing charges for ancillary services. An increase of 5.9 per cent to tug services rates have been authorised, together with an average general increase of 6 per cent in the rates for line handling services. There are also changes to
      63 words
    • Article, Illustration
      Lock icon Storm sinks dream of reviving US shipbuilding
      983 19 NEWS analysis Flagship of govt project sold to Star Craises unit, but it may never set sail NYT [NEW YORK] An ambitious plan by the US government to revive the American commercial shipbuUding industry is under water quite literaUy. In a German shipyard,
      NYT; AFP  -  983 words
    • Article
      Lock icon Bank doesn't owe duty of care to mortgagor when arresting vessel
      901 20  -  ADMIRALTY CASEBOOK Mortgagee entitled to decide time and place at which it sells ship: English court of appeal By Selva Kumar THE English Court of Appeal recently upheld the decision of a lower court that a mortgagee bank in
      901 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      200 20 PAGE Alianca 5 Austral AL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line 4 CWT Globelink ...4 Oelmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng
      200 words
    • Article, Illustration
      Lock icon Salvage work underway to tow Rocknes to shipyard
      225 20 AFP [OSLO] Fourteen ships supported by aircraft have begun towing an overturned Norwegian cargo ship (right) to land after it capsized on Jan 19 in a Norwegian fjord, killing 18 sailors including 16 Filipinos, the Norwegian coast guard said. "The towing operations
      AFP; AP  -  225 words
    • Article
      Lock icon SHIPPING GUIDE
      12090 25 THEBUSINESSTIMES EXPORT ETA ETA Advaftisar VHMt Voyaga Talaphona ETA ETA Advaftisar VnW Voyaga Talaphona SIN Dast'n Name Nam* Number Number SIN Dast'n Name (tame Numbar Number 17/02 23/02 PACCCont THOU LONE 014 65-*****655 To ABIDJAN (ABJ) 2003 Cot* D'lvolre 20/02 03/03 ECL SITTWE EAL05S 65-*****555 09/02 14/03 Chin*
      12,090 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        516 27 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL JURONG 42 J5 A/SIDE 30/01 1800 NIKOLAOS P *****2 J16/17 A/SIDE 30/01 1200 BHS188 TP1589 J15/16 30/01 1130 30/01 1800 BTMASITA JAN31 J1 30/01 1100 30/*****0 BTSAINDRAG2 JAN30 J1 30/01 0900 30/01 1900 BUANAOCOI A21/04 J6 30/01 1000 30/01
        516 words
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        Lock icon CONTAINER SCHEDULES
        2060 27 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX DAHLIA 072S 072S 1 *****004-0700 *****004-2000 AO( HIBISCUS 088N 088N 1 03/*****04-08:00 *****004-22 00 ACX MARIGOLD 009S 009S 1 01/02/2004-21:00 02/02/2004-03 00 ACX SAKURA 026N 026N 1 31/01/2004-15:00 *****004-0300
        2,060 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        151 27 Feb 1 Brunei: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Feb 5 Thailand: Makha Bucha Day. Feb 6 NZ: Waitangi Day. Feb 11 Japan: Nat Foundation Day. Feb 16 US: Washington Day. Thailand: Makha Bucha Day. US: Washington's Birthday. Feb 22 Brunei: Islamic New
        151 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        821 27 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        821 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        572 27 Carbon 180 Mai 991.2 0.4 15.9 0.06 65 0.04 Jan 22 Density Water Residue AjhAlumlnium Sediment No above E25 1 0 1 0 0 0 rjZl 380 Ave 986.9 0J 11.9 0.04 22 0 02 Cm, 380 Max 1001.6 0.8 17.0 0.07 62 0 05 K6/W3
        572 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Thai Airways unveils partners for budget carrier
        385 28 Thai 7-Eleven franchisee, others will provide capital of op to 500m baht Bloomberg [BANGKOK] Thai Airways International Pel, the country's biggest carrier, will join the local franchisee of 7-Eleven Inc and four other partners to set up a no-frills airline that will start
        Bloomberg  -  385 words
      • Article
        Lock icon Global air travel down 2.4% last year
        214 28 Reuters [GENEVA] International air travel shrank 2.4 per cent in 2003 after a narrow gain a year earlier as war and the deadly Sars virus hurt demand, airline trade association lata said yesterday. Transportla? about 2004, however, forecasting traffic growth of 7-8 per
        Reuters  -  214 words
      • Article
        Lock icon Irish airline Jetmagic folds up in less than a year
        300 28 AFP [DUBLIN] Irish regional airline Jetmagic has collapsed less than a year after it was set up, having failed to attract sufficient passengers, the carrier's chief executive said yesterday. Around 100 jobs will be lost, with 400 passengers forced to
        AFP  -  300 words
      • Article
        Lock icon EU approves plan for single European sky in five years
        345 28 Consolidation of air traffic control is expected to cut down costly flight delays Bloomberg [BRUSSELS] The European Parliament approved a plan to consolidate air traffic control into a "single European sky" within five years and cut down on flight delays
        Bloomberg  -  345 words
      • Article, Illustration
        Lock icon Flights in US, Europe delayed, cancelled
        255 28 Bloomberg AFP [LONDON] Snow, sleet and freezing rain forced the cancellation or delays of many flights in the United States and Europe. Flights at the Roissy-Charles-de Gaulle airport near Paris were among those affected (picture above). With the tarmac covered in snow, flights were
        Bloomberg; AFP; REUTERS  -  255 words
      • Article
        Lock icon SIA, Virgin Atlantic expand code-share
        146 28 AFP [SINGAPORE] Singapore Airlines (SIA) and Virgin Atlantic Airways said they have signed a new codeshare agreement allowing passengers here to fly to Orlando in the US via Manchester in England. The Singapore carrier said that from Feb 1, passengers taking its flights to Manchester
        AFP  -  146 words
      • Article
        Lock icon MAS to have armed marshals on US flights
        238 28 [PUTRAJAYA] Malaysia Airlines (MAS) is set to deploy armed sky marshals on US-bound flights suspected by American authorities to have terror risks, according to the Malaysia tabloid. The Star. Quoting unnamed sources, the paper said MAS had no choice but to comply
        238 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2103 28 CITY a«m EI* FLIGHT ETD EK430 <940 AMaMt 0*7381 1840 LW7T0 2245 Frankfort 4C9951 0655 IM9H5 M2S OfOI IMP S0229 2245 LH9762 0655 $0326 1425 >■!>!! <§■ GA975 0830 KL838 2330 M 5 0655 M7305 2300 *1837 1535 IM778 1650 0F5 2300 —so348 woo W4t7B 1650
        2,103 words
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      890 20 1 TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I VBSa VOT PKG ETA SBI LONG BEACH DALLAS HOUSTON MEMPHIS |OBCAGO| WW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PlO NEDUOYD STUYYtSANT 22E05 27/01 2S/01 13/02 17/0? 20/02 11/02 11/02 21/D2 VISSCI VOT ETA SIN KG SP] 55"! STD MCL
      890 words
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      Lock icon Page 20 Advertisements Column 2
      550 20 lines services represented by Members of the Registry of Members of the Accredited Sh.pp.ng Agents, "fjfr Singapore Shipping Assockaion Iws/ CONVENTIONAL CARGO rati UANG/SMGAfOM/iMUtTA I lANGKOK UJY mm. ETA SIN EMMU PiiwtKKUh 0104 e «e M IB IMB YUM SUr 546 KK IMB l»« LIU MARINE SERVICES SINGAPORE PV)«f tSJ4
      550 words
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      1311 21 TO EUROPE FROM EUROPE Ivtssa Ivor sw on btm anb ham b«v sou ta livcsa Ivor mi tm ham wv sou ia sw~| MOLPWOHTY OUW3O/01 U/02 17/02 20/0221/02 HYUttAJWTY 31* 10/01 12/01 14/0] 01/0131/01 HYUMAI CONFIDENCE 306W 02/02 20/02 22/02 24/02 11/02 jWCWM 122E 17/01 APLGBMANY 102W 05/02 25/02 27/02
      1,311 words
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      Lock icon Page 21 Advertisements Column 2
      2489 21 MONTiLY CONTAINERISED SERVICE TO SOUTH PACIFIC ISLAND OF «NMAI i«*TS M SWGAfOtt: 10 ROOMSONI9 #17-00 SAUS/MGS TO. *****157/43 ML 42M5121/24 I SUVA LAUTOKA (FUI) fACTip (HIPPING PTI ITD SIMGAPOKE *****1 OUTWUO (l/l) *****002 *****325/75 I S^ss^a! pp, e -J-J* gg'vj PAK in (TAHITI) JOHM'S OfFKL CONVIimOMAI *****450 *****204 1 COSMO
      2,489 words
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      750 22 KTV r>C| mi AO ENOUimeS/BOOKINOS: *****344 FAX: 63M7433 E-MAIL: UCLIVIMO DOCUMENTATKNM/OMRATIOMS: *****A37 FAX: *****177 HUUS WIST WMU EXPRESS 1 OPKSS CONTMNOt SBVKI TO SOUTH/WEST UUUT fVKSS VOY SIN REUNION LUANDA POINT! NOME MATAO< UMFVIUf AWDJANTUIU LOMf TINCAN COTONOU Wi DOUAIA ONN(] HwOihwi [417W 31/01 I I/O? Tim 0?/03 tt/O? H/0?
      750 words
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      Lock icon Page 22 Advertisements Column 2
      1578 22 WAN HAJ INTERNATIONAL PIC LTD at no iwswoooo/t VW\ WAN HAI LINES UK»i»i V llinil Imi klllLJ m*:|Ml»4WeMX;ie* ****** m IE; |N)2»SWWUI»«IBIW* V CM ML 107) Hiiro NUt 87H*****1 SUI 18. ***** *****75 HUL (Mil 13*7714/ *****S www wcnhai *T TB. KfJI) SM4IM HJL (Oil) ***** M Pl* IH_ 7IUOO/71kBI
      1,578 words
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      Lock icon Page 22 Advertisements Column 3
      541 22 BSA i. MYANMA FIVE STAR LINE (MyoMor Noti»Ml Um) Loading for Ym^m vtsui VOY SIN PU PEN PGU MTA-AN lISW SU> PAGAN 325W $U> IN MALAYSIA: IOUSTEAD SHIPPING AGCNCICS MIL 03-*****300 PIL 03-3174*101 Pffc 04-2****** ACCEPTING CONVENTIONAL C6O VfSStl VOY HKG SIN PGU PKI KIK OQAHU OUE9I 114 SU) SU)
      541 words
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      1266 23 IRISL, fa Qdm /MMMa &<?3&p93 i &upg}s) Qfhst&ygjlh M/J IsizHjJt) }j*s] jM'{p&jttzflfrs)® $s> falksMsl p&ilrlte fa OlfGJti) <3£ Wzrf] ste I?& &l]o§o cssxskflQtji}(s3 fa Qth® ikigfr&si) ifcstfjjfr} JflmSo AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SI NOSE MARITIME PTE LTD BOUSTEAO SHIPPING AGENCIES SON. BHD PT SINOSE CONTI
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      684 23 UK CONTINENT SERVICE Loadvig for ASIFVkT RTM/ATW/BMN/UK/NAN GREVENO RTM/ATW/BMN/UK/NAN Loads Singapore, Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for VTC STAR DBl/ABU/DOH/BRN/DMM/KWT J SAFE DBl/ABU/DOH/BRN/DMM/KWT TINA II DBl/ABU/DOH/BRN/DMM/KWT "Loads Singapore, E-/W. Malaysia Indoneam USA SERVICE Loadng for AVENTICUM CAM/N FK/SAV/NOL MALLIKA NAREE VCW/LAX^ZL 'Loads E7W Malaysia Indonesia F.E./S.E.A. SERVICES S pore Loading
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      1135 23 -ffiSfl ¥31 M ESJ! gga ¥01 mi mi JACJAAM IIMM 21/01 H/01 _IKWI tIMZ «/01 >1/01 PACOAMPA mw 21/OJ 30/01 iIIMUTI 7 lift] 01/W M/W pac iampa nj4« 31/01 01/07 em— Clltll os/oi tim atMMft LUSM 02/02 02/07 ALAOMYA2 W2 01/02 10/02 03/02 03/02 PAC 4AMDA 1137K 04/02 OS/03 SH
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      582 24 lIMMBffiBI AHiiHH ISSN 31-01/02 07 SHARK IS6N 034)4/0? 11-12/02 17-11/0? ■hmmrl nea sw m 07 o« 02 14-15/02 21-22/021 TIGER PEARL ISBN 10-11/02 18-19/0? 24-25/0? TIGER BRIDGE 159N 14-15/02 21 22/02 20-21/02 I 441 30 30/01 04 04/02 1 4-15/02 1 HffMMffl TIGER SPRING 50? 014)2/02 00-10/02 17-11/02 I ■U|U|L|uiPA
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      1061 24 FREIGHT LINKS EXPRESS PTEtLTD^ 51 Penjuru Road, 3 Level, l Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 C* LfcTl E-mail: flesin@singnet.com.sg LCL SERVICE TO JAPAN/INDONESIA/PHIUPPINES/CANADA OSAKA KOBE JAKARTA VANCOUVER YOKOHAMA NAGOYA CEBU TORONTO SURABAYA MANILA MONTREAL Booking ***** 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT Cr HEAVY LI FT CARGO CjEHHM (CONVENTIONAL
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      1300 24 fb |PDZ LINES UC. ZcJT,STK«, Xom'rT m—UI CQMTAnmtsn sinnm to it—ll, ■tamui am> vnnuui ""Ml wr mm KOI mm tor mm hm m«i >cr rail wo wmi vot n«sm Q»G*OASS ml W/ll 31/01 WStOC 400S 70/01 11/01 S. **MU> 4003 11/01 04/0? SAUMMUMI 4003 11/01 07/01 Mm am «oo; oi/oi
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      195 24 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI [rasa 1 vortGt ukimwou ntauucw lofflUiwwfaNMt 020 M* 20-25/01/04 01/03/04 lOmwr 1 TU 20/03/04 30/03/04 SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood *17-07/06 Apax Toww, Singapore *****5 T«Uphon«: 6270 0977 I Facsimile: 6275 2309 KS ***** StAPAC DIRECT SIN
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  • Page 27 Miscellaneous
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      120 27 v J" REGIONAL WEATHER ,A j FOR 7AM 30 Jan 2004 Issued by Meteorological Service Division,NEA LEGEND: < Thunderstorm Wind speed symbols showers Fljll circle w/o line indicates calm or light and variable winds p a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents
      120 words
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