The Business Times, 6 February 2001

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Total Pages: 40
1 40 The Business Times
  • 17 1 THE BUSINESS TIMES MITA (P) 028/12/2000 SINGAPORE Internet: http:// l ousiness-times.asial .com.sg/ TUESDAY, FEBRUARY 6, 2001 85C
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  • 77 1 sn U5&39 (-23.21) BT-SBI 806*7 (-11.56) ST INDEX FOTUBES UGLOO (-17.00) SIMSCI FUTUBES 248.70 (-2.10) STOCK MARKET INDICES Monday Change KLSE COMP 732.02 -432 NIKKEI 226 1M85M -SlRll HANG SENG 1 §,830.84 -240.45 SET INDEX 329.06 -6.02 JAKARTA COMP 468J6 +6J7 MANILA COMP „1,***** -I7J0 TAIPEI WPI £,932.42
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  • 76 1 FOREX RATES US$ S$ US| fi$ per US$) 1.740 £{US«/S$ per 1.474 2Mb EURO(US$/S$/E) 0.943 1.640 DM 2.075 1.193 YEN 115.8 C6.50 RM 9.800 2.184 HKS 7.799 4.483 BAHT 42.44 2459 RUPIAH 9,587 5,511 PSIME KATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 59.00 BANGKOK .9.50 MANILA 11.00 HONGKONG 8.50
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  • 974 1  -  From Mar 1, deals worth over $2.5 m folly negotiable By Marissa Chew [SINGAPORE] Conveyancing fees will be freely negotiable from Feb 1, 2003, ending decades of fixed tiered fees for lawyers to preside over the transfer of property titles. The
    RICHARD CHNG  -  974 words
  • 943 1  -  Tax benefits designed to attract the middle to lower income earners By Angela Tan [SINGAPORE] At first glance, the proposed Supplementary Retirement Scheme (SRS) announced by the government last week, seemed like a potential tax haven for the rich in
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  • 590 1  -  J( exclusive There is also insufficient expertise in evaluating life science start-ups By Eugene Low [SINGAPORE] Life sciences, or biomedical sciences, might be touted as the next big wave, but for now, there are few investment opportunities here, say local venture
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  • NEXT page
    • ON THE grapevine
      • 64 2 DBS Bank had a computer systems breakdown yesterday from 12.47pm to 1.30pm, which meant its branches and automated teller machines islandwide wouldn't work. Chuck Newton, managing director, corporate communications, admitted the "systems glitch" happened at a most unfortunate time. Seems many people go to the bank
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      • 151 2 INTERNET surfers who scrutinise the SGX website for company filings must have noticed the uncanny similarity of responses by companies which are queried. Take a look at these two and see if you can spot any difference: 1) The directors and substantial shareholders of Seatown Corporation Ltd ("the
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      • 88 2 SINGAPORE Telecom's revised interconnectivity offer, found on the Infocomm Development Authority's website, is so huge that rival operators find it hard to download and print, not to mention read. One said: "Trying to read the document has reminded me that I have to go for
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      • 94 2 A DISGRUNTLED investor said her experience with a financial planner has convinced her to take an active interest in her investments herself. Seems she told the planner to monitor her investments unit trusts sold by the planner's company as she had no time. But the planner neglected
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      • 48 2 LAST week, The Business Times ran an online poll with the statement: Stock prices will move on FY2OOO corporate earnings that will be reported soon. This is how readers voted: Yes, investors will look for fundamentals—37% No, sentiment is more important 55% I'm not sure—B%
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    • 462 2  -  Buyer of preference shares held by Danamodal could prise open Rashid Hnssain's grip Froml Eddie Toh in Kuala Lumpur A NEW shareholder is set to emerge in RHB Bank and loosen tycoon Rashid Hussain's control of the third largest bank in Malaysia.
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    • 583 2  -  Millions in fees could be saved with standardised terms, electronic access and public education, Lee Ban Shlh argues Lee Han Shih IF Singapore law does not mandate that a lawyer should preside over a property transaction, why are nearly all conveyancing
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  • Page 2 Advertisements
    • 295 2 BPffl UNIVERSITY OF UNIVERSITY VS/ SOUTH AUSTRALIA MOF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" MBA" BSc(Horn) Singapore 21st Intake April 2001 M > .mgrnm "Ranked Top 5 Dislance MBA in Asia" by Asia Week BSC (Hons) 18 months only BSc (Hons) Marketing 12
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  • Page 3 Advertisements
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  • SINGAPORE companies
    • 395 4  -  Best small-cap rally since mid-'99 boll run; some brokers describe trading as 'indiscriminate' By] R Sivanithy BLUE chips may have faltered for the third consecutive day but frenzied punting of penny stocks yesterday more than made up for the slack the UOB Sesdaq
      Source: Bloomberg  -  395 words
    • 349 4  - Elec Eltek declares 20¢ interim payout PCB maker posts 60% rise in interim earnings to $52m on 46% rise in turnover By David Boey SHAREHOLDERS of printed circuit board (PCB) maker Elec and Eltek International will receive an interim payout of 20 cents a share after the company's 60 per
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    • 651 4  -  By' Teh Hooi Ling KEPPEL Telecommunications Transportation has hoisted full-year net earnings 41 per cent to $31.5 million, beating analysts' forecasts. But a $39.9 million provision for a drop in the value of its ships dragged the bottom line into
      ARTHUR LEE  -  651 words
    • 1019 4  -  locksiew anthony rowley BORN last June through a joint venture between the US Nasdaq electronic trading market and Japanese Internet holding company Softbank, the Nasdaq Japan Market has started life more with a whimper than a bang, but this is by
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    • 380 5  -  Company's move follows S6Z query over sharp rises in turnover and price of its shares By Rachel Ong MAINBOARD-LISTED construction company Econ International yesterday released a list of recent contracts, but separately told the Singapore Exchange (SGX) it knew of no
      FILE PHOTO  -  380 words
    • 376 5 Slower demand for airfreight services sign of slowdown in economic activity Bloomberg SINGAPORE Airlines Ltd, Asia's most profitable carrier, said it filled 68.4 per cent of its cargo space in December, the lowest level in four months and another sign
      Bloomberg  -  376 words
    • 683 7 Few bidders, wide gap in valuation of assets point to lower offer price Bloomberg [SYDNEY] Cable Wireless Optus Ltd may attract a takeover offer lower than its current stock price because there are few bidders and a widening gap in value of the
      Bloomberg  -  683 words
    • 313 7 Bloomberg SHARES of Datacraft Asia Ltd fell as much as 5.9 per cent on concerns Cisco Systems Inc, its largest supplier, will report slower earnings growth today, signalling falling global demand in the industry. Datacraft shares closed down 40 cents at US$6.3O yesterday.
      Bloomberg  -  313 words
    • 210 7  -  By Janice Lee INSTRUMENTATION specialist Total Automation (TA) will acquire all the issued ordinary shares of Whessoe SA and the marine business of Endress+Hauser Systems and Gauging (Whessoe Europe). TA has agreed to pay £4.1 million (5110.5 million) for Whessoe SA and Whessoe
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    • COMPANYBriefs
      • 102 7 Reuters ASIA Food Properties, controlled by the WidjaJa family which owns Indonesia's Sinar Mas conglomerate, said yesterday its major shareholder sold another 10 million shares last Friday at an average price of 11 cents each. AFP said Flambo International, owned by the WidjaJa family,
        Reuters  -  102 words
      • 112 7 AFX-Asia HWA Hong Corp said its unit Singapore Piling Civil Engineering Pte Ltd is taking a one-third stake in a section of the 28-km Taejon riverside expressway project in South Korea. The entire highway project comprises six sections, with each section ranging between
        AFX-Asia  -  112 words
      • 73 7 SMB United and Media Stream said in separate announcements yesterday that their dotcom unit Asia Exchange Information Service PteLtd(AElS) would cease operations immediately as it had failed to secure funding for its operations from potential investors. SMB United said it will write off its investment
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    • 458 7 Bloomberg HYFLUX Ltd, Singapore's only publicly traded water treatment company, surged 16 per cent yesterday, doubling the money for investors who bought the stock when it first traded three weeks ago. Hyflux shares have risen 106 per cent since the company started
      Bloomberg; FILE PHOTO  -  458 words
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    • 248 4 Pvcq/vaTerhousEQopers i What income/benefits should be reported? What can be excluded? What are the repercussions on underdeclaration? Who is responsible? There is increasing focus on proper declaration of staff benefits and it is important that those responsible for completion of the employee's return of remuneration (Form IR8A) are trained for
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    • 155 5 1 1 w -v i*f 1 -'if-v"V3njy'T» •''"'.'J"T.sH.ii£ —*rr r- A'. ;>- -I c K*f.Y r r f4 ■-H Club Med For more Information, please call your Travel Agent or Club Mad at 738 4222 Fax: 735 8296 738 0770 Email: salas.sinfapora@dubmad.com www.clubmed.com And jou don't have to wait till
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    • 173 5 ?V > target Cupitttl GfOWtH and enjoy 100% capital protection*. Returns in Singapore dollars W ACT NOW! Promotion doses soon! W Invest cash or your CPF Ordinary Account/ Special Account Fundsl Call 737 0880 or fax the coupon below to 532 2493 for details. E-mail: mktg@lloydstsb.com.sg B Lloyds TSB To:
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  • SINGAPORE markets
    • 598 6  -  >11 comment STOCKS r. sivanithy WITH pressure on blue chips after Nasdaq's Friday plunge, it was left to small caps to provide market leadership yesterday and they didn't disappoint. Penny stocks dominated the volume and percentage gainers lists amid almost frenzied trading
      598 words
    • 348 6  -  I comment CURRENCIES larry wee STRONGER than expected January nonfarm numbers caught financial markets by surprise last Friday in US trading, sending bond and stock markets tumbling and allowing the greenback to recover its composure somewhat. Against an expected reading of not more than
      Source: Reuters  -  348 words
    • 503 6 Stocks Volume AEM-Evertech 5c 37,100,000 Asia Food&Prop 34,472,000 PacificCenturylOc 29,882,000 El-Nets 1c 29,143,000 Hyflux5c 26,856,000 K1 Ventures 10c 22,973,000 AddvaJTech 2.5c 20,824,000 ChewEuHock 20c 19,535,000 Cytech HK5c 19,184,000 KLW Hldgs 10c 17,724,000 Stocks DBSGrp 43,509,498 Chart Semiconductor 26c 39,669,448 PacificCenturylOc 32,446,860 VentureMfg25c 26,249,199 PCI 25c 23,557,420 OC8C 23,044,459 UOB. 19,313,016
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    • 237 6  -  HOT STOCK By' Ven Sreenivasan THE shares of Haw Par Corp have been rising steadily since the middle of last year in anticipation of a restructuring of units controlled by its parent, United Overseas Bank. After hitting an intraday high at $3.90, the counter
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    • 170 6  -  WARRANT WATCH By R Sivanithy WARRANTS with time running out are always interesting. If they are out-of-the-money, it's interesting to see if play develops to push them into the money. And if they are already in-the-money, it's interesting to see if
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    • 120 6 FU Yu Manufacturing general manager Tan Slew Leng has resigned with effect from Jan 2. Effective from the same date Hew Lien Leehas been promoted from assistant general manager to general manager. ♦ROTARY Engineering has appointed Chee Eu Kee as director with effect from Feb 1. ♦OAKWELL Engineering
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  • Page 6 Advertisements
    • 189 6 iXJk SINGAPORE MANAGEMENT m UNIVERSITY M In today s rapidly-changing economy, it is only wise JaMßac'" IB to stay on top by meeting the demands of the market and being competitive. Singapore Management University's Executive Series equips you with valuable world-class executive education to help you make ■■■■■k your next
      189 words

  • Page 7 Advertisements
    • 281 7 Stir up the interest of over 460,000 readers inw for as little as $26. rM\~ Call 1800-737-1 lit for fast results. #*****9838^ RETAILERS! Your Source to the Best Retailing Concepts y With the ever changing consumer habits, RITE2OOI wHI be the essential event that wiH address every aspect of the
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  • SINGAPORE news
    • 404 8  -  But EDB expects growth to slow this year By David Boey THE output of Singapore's electronics industry rose 19.7 per cent last year to $82.3 billion, but growth this year is expected to moderate as local companies face tough global economic conditions,
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    • 184 8 LASALLE Investment Management yesterday launched its 2001 edition of the Investment Strategy Annual, a publication offering a survey of the global real estate market. The publication covers topics such as the rebirth of Asia's real estate market, the impact of a unified Europe, and new
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    • 453 8  -  South Korea leads the pack, followed by Japan Hongkong Byi Andrew Wee SINGAPORE ranked fourth in a broadband survey of ll Asian countries by US-based Pyramid Research which focused on trends in broadband technologies, services and revenue models. South Korea emerged tops, foUowed by
      FILE PHOTO  -  453 words
    • 194 8 PROPERTY giant CapitaLand officially launched its 99-year leasehold 288-unit Tanamera Crest over the weekend the only developer to take the plunge. A Capita Land spokesperson said eight of the 192 units released at the 15-storey project in the Tanah Merah area were sold. At an average
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    • 287 9  -  141=1 on the economy price index By Marissa Chew IMPORT prices continued to climb ahead of export prices in December, worsening Singapore's terms of trade. According to the Department of Statistics, the import price index rose 4.7 per cent to 102 points in December, from
      Source: Dept of Statistics  -  287 words
    • 239 9  -  MAILrET? Denis Distant Singapore, via Internet FOR many years United Overseas Bank provided cash notes deposit machines at selected branches, which meant it was possible to avoid queueing at the counter. Recently, other banks have installed cash deposit machines which can accept notes in
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    • 226 9  -  Boris Chan Chung Wai, Chan Chung Wai, CFA Singapore, via Internet I REFER to the letter, "Curb speculation by other means" by Seow Eng Ghee (Mailbag, Feb 2). The government has effectively curbed speculators and prevented private property prices from skyrocketing. This is in
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    • 343 9  -  Joint venture with RCBC boasts state of the art technology From, Al Labita in Manila A LANDMARK state-of-the-art building which is 40-per-cent owned by the Government Investment Corp (GIC) of Singapore was inaugurated yesterday as the Philippines' "most prestigious" cor- porate address. Located in Makati
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    • 302 9  -  Lee Wai Leong Singapore via Internet I REFER to your commentary in the Hock Lock Siew column, "It's time the SGX addressed conflict-of-interest issues", by R Sivanithy (BT, Feb 2). The reason there is a 500shareholder, or more accurately "500 distinct shareholders", minimum
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    • 344 9  -  Hll exclusive By Vince Chong BIOTECH International Limited, an Australian-listed life sciences research and development company controlled by Singaporeans, is considering a listing here. Biotech chairman Ravindran Govindan told BT yesterday the firm is considering a dual-listing on Singapore and Nasdaq.
      CHRIS LOH  -  344 words
  • Page 8 Advertisements
    • 573 8 Keppel Telecommunications Transportation Ltd (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Company and of the Group for the year ended 31 December 2000. COMPANY GROUP 2000 1999
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  • Page 9 Advertisements
    • 149 9 i Speakers 9 a.m. to 5 p.m.. February 14. ***** Chairpereon Hotel Inter-Continental. Singapore Mr Gurbachan Singh, Partner Head of Tax, Khattar Wong Partners OPl!- Ong Sim Ho, Tax Partner, Tax Treaties Kh** Wong P«m«. transfer Pricing Martin Scuttv. Tax Director, Global Tax Minimisation pricewaterhoueecoopers Taxation of E-commerce Pieter de
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  • FOCUS property
    • 623 10  -  111 comment PROPERTY It's taken 9 years for URA and JTC to let the private sector In on btuslness park development lee han shih IT SEEMS to have taken the Urban Redevelopment Authority and the Jurong Town Corporation nine long years to realise
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    • 493 10 BANGKOK Developers get a boost from low mortgage rates and less competition in the market Reuters THAILAND'S battered property sector is set to post improved results in 2000 and can expect a better 2001, helped by unusually low mortgage rates and less competition in the market
      Reuters  -  493 words
  • Page 10 Advertisements
    • 308 10 For Sale Brand New 8-Storey Strata-Titled Industrial Building at Little Road Land area:Approx. 24,985 sf Gross floor area: Approx. 62,443 sf Strata area: From 3,272 to 50,291 sf Freehold Ceiling height: 4 6m Floor loading: 12.5 15 KN/m 2 En bloc sale or Strata sale 122 Debenham H Tie Leung
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    • 210 10 Jones Lang VW LaSalle. Prime Light Industrial Site m a Site Area: 22,517 sq ft Ef Freehold I Light industrial zone (PR 2.5) Easy access via Aljunied Rd, PIE, CTE, MacPherson Rd Nicoll Highway Existing 6-storey warehouse building Net Floor Area: 39,376 sq ft Gross Floor Area: 47,683 sq ft
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    • 299 10 FOR SALE BY TENDER FREEHOLD INDUSTRIAL PROPERTY MWITH REDEVELOPMENT POTENTIAL Land Area approximately 122,009 sq ft Zoned "Light Industry" at Plot Ratio 2.5 Superb Location at Pasir Panjang/Alexandra Rds Near CBD, Port, NUS, Science Park Ideal for Infocom Users/Co-location Centre Existing 5-storey warehouse/coldroom Total lettable area approximately 260,863 sq ft
      299 words

  • e-NEWS
    • EBriefs
      • 95 11 Reuters [TOKYO] Seven Japanese firms said yesterday that they would set up a joint venture to distribute Web content via broadband transmission, just in time to service clients in the advent of the new high-speed transmission technology. The upcoming broadband service has raised the need
        Reuters  -  95 words
      • 93 11 Reuters [LONDON] Debt-laden British Telecom is considering floating up to 25 per cent of its mobile phone arm, BT Cellnet, by the end of the year, the Financial Times reported on Sunday. The company denied that it was considering abandoning the flotation of its
        Reuters  -  93 words
      • 121 11 Bloomberg [TOKYO] Softbank Corp shares fell 11 per cent as investors turned their backs on Japanese Internet stocks on concern Cisco Systems may announce today that its earnings growth has slowed, brokers said. Softbank fell 680 yen to 5,680. It was the third-most active
        Bloomberg  -  121 words
    • 471 11 PARIS It issues bonds convertible into Orange shares Reuters FRANCE Telecom yesterday set the terms of a 3.3 billion euro (555.4 billion) convertible bond issue in hopes it would spice up a forthcoming initial public offering in its Orange mobile subsidiary. France Telecom
      Reuters  -  471 words
    • 269 11 HONGKONG Bloomberg CHINADOTCOM Corp, an operator of Asian news websites, said it will book a provision of at least US$7O million (*****.7 million) for the fourth quarter to cover the reduced value of its securities investments. In the first nine months of last year,
      Bloomberg  -  269 words
    • 479 11 I TOKYO Discounted price at top of range; biggest offering ever by a Tokyo listed firm Bloomberg NTT DoCoMo Inc, the secondbiggest mobile phone company, will raise US$7.l3 billion (5512.4 billion) selling new shares at a 3 per cent discount to its
      Bloomberg  -  479 words
    • 263 11  -  Fake offer puts chain letter into furious circulation From Surinder Singh in Sydney MOBILE phone giant Ericsson has been bombed by a hoax chain letter sent to the e-mail address of one of its staff. The chain letter, now circulating like hot cakes
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    • 377 11 Credit card, popart, cellphone data of world leaders taken AP [ZURICH] Anti-globalisation hackers have obtained personal information about government and business leaders who have attended the World Economic Forum Summit in the Swiss ski resort of Davos in recent years, a report said
      AP; PHOTOS: AFP, AP, Reuters  -  377 words
    • 322 11 SHANGHAI Bloomberg A CHINESE government survey inflated the number of local Internet users by a third to claim that China had become Asia's No 2 Internet market after Japan, according to a study by US-based International Data Group (IDG). The government-run China
      Bloomberg  -  322 words
    • 138 11 NEW YORK Reuters SOFTWARE giant Microsoft is renaming its core Windows and Office programs to show its focus on Internet-based services, the Wall Street Journal reported in its online edition yesterday. Future versions of the products will be named Windows XP and Office XP, with
      Reuters  -  138 words
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  • EDITORIAL & opinion
    • 842 12  - It'll worsen a lot before it gets better ETTT^ bottom line OPINION john gee John Gee is a freelance writer. In 1998, he wrote 'Unequal Conflict', a book on Israel and the Palestinians. IT is not often that an arsonist is rewarded for his handiwork, but Ariel Sharon, whose provocative
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    • 73 12 'Like all good ostriches in times of trouble, the WTO is looking for some sand in which to hide its head.' -Steve Porter attorney for the Center for International Law, on the decision of the World Trade Organization to hold the next meeting in Qatar in November.
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    • 627 12 EDITORIAL ONCE again, it appears that Singapore-based banks have been accused of causing the rupiah's endemic weakness. And worse still, that by allowing banks in Singapore to trade in the rupiah, the Singapore government must also take the blame. These accusations are neither new nor surprising. But
      627 words
    • 930 12  -  Attitudes most change as Singapore companies cope with new governance, disclosure and accounting standards soon By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant
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    • 717 12  -  COMMENTARY By y William Safire NYT [WASHINGTON] I am Recession and am pleased to see your apprehensive face once again. Ask me anything. How can you be so sure that you are here? I rise in inverse proportion to consumer confidence, which is demonstrably plummeting.
      NYT  -  717 words

  • PROFILE M'sian DPM
    • 1615 13  -  He may be just what the doctor ordered to heal Malaysia's wounds and prepare his countrymen for the future. KUKiw sizes up Abdullah Badawi KARIM RASLAN LATER this week, the most underestimated man in Malaysian politics, Deputy Prime Minister Abdullah Badawi, commences what will be
      FILE PHOTO  -  1,615 words
  • Page 13 Advertisements
    • 160 13 BMi command BPHH THE SEAS Mgp It's a buoyant market (or work boats as wbH gs sma ll ships of all kinds and all signs point towards a significant increase in the Asian small ship industry. Take command of this excellent opportunity to v showcase your company and products in
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  • REGIONAL news
    • 924 14  -  Banking sources say intra-gronp loans may bring down more banks Froml Shoeb Kagda in Jakarta AS the Indonesian government scrambles to resolve the crippling debt problem facing the Sinar Mas Group, the country's second largest conglomerate, banking sources said that other similar cases
      FILE PHOTO  -  924 words
    • 257 14 KUALA LUMPUR AFP, Reuters STAFF of a Malaysian online newspaper which often carries critical commentary have been barred from attending government functions, reports said yesterday. The Home Aflairs (interior) Ministry has banned Malaysiakini because Its staff do not have press credentials, Deputy Home
      AFP,; Reuters  -  257 words
    • 415 14  -  SCmmaltowsitto cast net wider for From] Diana Pop Abdullah in Kuala Lumpur MALAYSIA'S IT stock exchange, or Mesdaq, yesterday said it has been given the nod by the Securities Commission (SC) to list technology incubators. The latest move, in addition to two
      415 words
    • 504 16  -  It aims for industrial-economy status by 2020; doubling of GDP to USs7ob by 2010 From Harish Mehta in Bangkok THE ruling Communist Party of Vietnam (CPV) has set its sights on attaining indus-trial-country status by 2020, and unveiled bold new economic targets towards that end
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    • 543 16 JAKARTA Fears of violence as Golkar party office inE Java is torched Reuters, AFXAsia THE head of Indonesia's top legislature yesterday urged floundering President Abdurrahman Wahid to surrender power peacefully to avoid impeachment and months of instability and confusion. People's Consultative
      Reuters,; AFX- Asia  -  543 words
    • 273 16 MANILA Bloomberg PHILIPPINE consumer prices rose in January at their fastest pace in almost two years, pushed up by the lingering effects of a weaker peso and rising fuel prices. Prices rose 6.9 per cent from a year earlier, the National Statistics Office
      Bloomberg  -  273 words
    • 61 16 [COLOMBO] Soldiers observing two minutes ofsilence to honour fallen comrades during Sri Lanka's 53rd independence celebration in Colombo on Sunday. President Chandrika Kumaratunga who attended a heavily guarded celebration of independencefrom British rule said her government remained readyfor peace talks with Tamil Tiger rebels. More than 63,000
      AP  -  61 words
    • 240 16 BANGKOK AP THAILAND'S parliament began a new session yesterday by electing a key associate of Thaksin Shinawatra as house speaker, the first step in forming a new government under his three-party coalition. Some 337 lawmakers in the newly-elected 500-seat House of Representatives voted to
      AP; REUTERS  -  240 words
    • 276 16 MANILA PSE to become stock corporation by Aug 8 but no IPO details disclosed AFP THE Philippine Stock Exchange, boosted by renewed investor confidence with the ending of a political crisis, will go public by August. PSE president Ramon Garcia said yesterday
      AFP  -  276 words
    • 305 16 MANILA AFP PRESIDENT Gloria Arroyo told Chinese-Filipino businessmen yesterday that her new government intended to have "good relations" with the economically prominent ethnic Chinese group and -protect its members from kidnappers. She denounced what she described as rumours alleging she was extorting money
      AFP  -  305 words
    • NOTEBook
      • 108 16 Reuters [JAKARTA] Indonesia's Supreme Court yesterday rejected an appeal by prosecutors to retry former President Suharto, against whom a corruption case was dropped last year because the former autocrat was too ill. The Supreme Court has declared that an appeal by the prosecutors cannot
        Reuters  -  108 words
      • 135 16 AFXAsia [MANILA] San Miguel Corporation said it has offered to take (Hi the debt of Coca-Cola Bottlers Philippines Inc during negotiations with Coca-Cola Amatil and the Coca-Cola Co for the majority stake in the local Coke unit. However, San Miguel refused to
        AFXAsia  -  135 words
      • 72 16 AFX-Asia [TAIPEI] The Taiwan Stock Exchange has decided to study the introduction of an Exchange Trade Fund, a new financial product that may be listed and used by the State Stabilisation Fund to dispose of its shareholdings, the Commercial Times reported yesterday, without a giving
        AFX-Asia  -  72 words
      • 92 16 Reuters [BEIJING] China will take steps to encourage private firms to take over ailing state enterprises, the official China Daily reported yesterday. "The government is drafting policies to stimulate non-state firms to either purchase, rent or lease state enterprises," the newspaper quoted Ma Jiantang, director
        Reuters  -  92 words
    • 524 17  -  Bid comes 16 months after first failed attempt; lower prices this time From Audrey Tan in Hongkong CNOOC Ltd, China's third largest oil and gas company, yesterday made another pitch at launching an initial public offering, some 16 months after it aborted its
      524 words
    • 258 17 HONGKCfNG Bloomberg CITIC Pacific Ltd, a Chinabacked investment company, has bought food distributor Sims Trading from Dairy Farm International Holdings Ltd for US$5B million (Sslol million), Dairy Farm said in a statement yesterday. Dairy Farm said it would make a profit of
      Bloomberg  -  258 words
    • 401 17 NEWDELHI Firms with quality assets, undervalued state firms favoured Reuters INDIAN stock markets may seem to have taken the recent killer earthquake in their stride, but the aftershocks could prompt a change in stock picking strategy, fund managers and research heads said. Stocks
      Reuters; Source: Bloomberg  -  401 words
    • 247 17 TAIPEI Reuters TAIWAN President Chen Shui-bian's anti-nuclear Democratic Progressive Party (DPP) agreed yesterday to resume construction of a nuclear power station, raising hopes for an end to a political stand-off over the plant. DPP legislative caucus whip David Chou said the party was
      Reuters  -  247 words
  • Page 14 Advertisements
    • 130 14 I project eyeball. DAVE RIDES PLUS: Sterilisation. I I Though the sends BjjH H IH I I m statistics show that numbers of men and women who go lor sterilisation are steadily Turke season ""J te over but the climbing. Read all about green gobbling plagues Dave Barry your Stork
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  • Page 15 Advertisements
    • 287 15 I <■* HHBMPH^^HHHfc T 1111! BHW b^Hln I^M Jeff a"' >mAjf I f y.' 1 'itmk-r' t" 7 Mfisßßfr r JmM v%\ V; f -.|^^^K^E%& c WmtamSkrt* \jL mfr »;■-> %?^j*:;?fP|P' i^a^s ..r?-fl« W^^M/\ I \l ij (V mmF 'i < v a <A CP Look around. You're in the
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  • Page 17 Advertisements
    • 103 17 Since 1975 our worldwide staff of over 275 multi-disciplined professionals i y M including lawyers, chartered accountants. 'fa? > W chartered secretaries and bankers have IP j k w provided confidential and cost effective jA company formation in all the ma|or low mm tax areas including: Incorporation Fees from USSSOO
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    • 198 17 Land plots now available at Paya Lebar /Park I jflp J I j Bk M j wttL Never underestimate the power of a new idea. /Park 21 represents JTC Corporation's new concept for industrial estates. It gives workers a more stimulating industrial parks in the 21st Century. Just imagine a
      198 words

  • WORLD news
    • 611 18 NEW YORK Senate panel calls for restriction of correspondent banking services NYT A REPORT scheduled to be formally released yesterday by Democrats on the staff of a Senate investigating panel says that money launderers have exploited the international system by which banks handle
      NYT  -  611 words
    • 61 18 [LONDON] Commuters queuefor buses outside London's Victoria Station as a one-day strike by underground train drivers left tens of thousands ofpeople struggling to get to work. The union, which represents 80 per cent of train drivers, has called a series of one-day strikes to voice their
      AP  -  61 words
    • 426 18 U NEW YORK With a price tag of USs2b, it is the first substantial deal of the year Reuters THE neglected market for new stock offerings will finally attract the attention of Wall Street this week when KPMG Consulting, one of the world's
      Reuters  -  426 words
    • 483 18 LONDON World's oldest mutual insurer rejects GE Capital's takeover bid Bloomberg HALIFAX Group Pic agreed to buy Equitable Life Assurance Society for £1 billion (552.6 billion) after the world's oldest mutual insurer rejected a takeover approach from GE Capital Corp.
      Bloomberg  -  483 words
    • 244 18 SEATTLE Contest lets yon create portfolio and see how it performs against his choices Reuters HAVE you been itching to match your investing skills against those of the world's richest man, Microsoft Corp founder Bill Gates? Well, sharpen your Wall Street wits, because a contest
      Reuters  -  244 words
    • WORLDWatch
      • 79 18 Bloomberg [TOKYO] Nomura Securities Co said net income for the three months ended December fell 53 pa* cent to 36.6 billion yen (*****.5 million) from a year ago, as trading volume (m the Tokyo Stock Exchange shrank. Stock trading commission revenue for the quarter
        Bloomberg  -  79 words
      • 54 18 Reuters [TOKYO] Canon Inc yesterday posted a record annual profit, helped by robust sales of laser printers. It said group net profit for the business year to December grew to 134.09 billion yen (Ss2 billion), or 21 yen per share, up 90.9 per cent
        Reuters  -  54 words
      • 59 18 Reuters [TOKYO] Toyota Motor Corp said it had not received any inquiries from the Tokyo Stock Exchange (TSE) despite a report the exchange is investigating possible insider trading in its shares. On Saturday, the daily Mainichi Shimbun reported the exchange is probing possible insider
        Reuters  -  59 words
      • 70 18 Reuters [PURCHASE, New York] Soft-drink and snack food giant PepsiCo Inc yesterday posted a 15 per cent rise in fourth-quarter profits, boosted by earnings growth across its units, and reiterated that it sees double-digit earnings growth in 2001. PepsiCo said it earned US$567
        Reuters  -  70 words
    • 466 19 BARTLESVILLE Analysts thought it would expand in exploration rather tfifln refining Bloomberg PHILLIPS Petroleum Co will buy refiner Tosco Corp for US$9 billion (5515.6 billion) in stock and assumed debt, making it the second-largest US refiner behind Exxon Mobil Corp. The
      Bloomberg  -  466 words
    • 476 19 WASHINGTON Bnt the president won't increase the size of USsl.6t plan Reuters US President George W Bush supports revising his US$l.6 trillion (552.7 trillion) tax cut proposal to put money in people's pockets faster but will not increase the size of his plan, his
      Reuters; AFP  -  476 words
    • Article, Illustration
      73 19 [MELBOURNE] Tourist Young Mi of South Korea reads Rupert Murdoch's MX paper for afternoon commuters, which was launched in competition with the Fairfax media group's Express in Melbourne yesterday. Analysts have questioned the viability of thefree tabloid giveaways in a softening economy. The News Ltd's MX gained an
      AFP  -  73 words
    • 609 19  -  National's game plan helps pat her back on centre stage of state election From Surinder Singh in Sydney LESS than six months ago, Pauline Hanson and her One Nation party were struggling to stay afloat. Stricken by internal divisions
      609 words
    • 350 19 TOKYO Bloomberg JAPAN Tobacco Co will sell its 25 Burger King outlets in what could signal the demise of the burger brand name in Japan. The country's only cigarette company said in a release that it will "transfer the business
      Bloomberg  -  350 words
  • Page 18 Advertisements
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  • Page 19 Advertisements
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  • FINANCE & commodities
    • 311 20  -  SGZ Derivatives TnuOiagßeport ST Index/MSClS'pore Index Lau Chee Keong Refco Singapore A SERIES of investment downgrades of financial and select blue chips sent the Singapore stock market to a lower close for the third day in a row yesterday. The 4.4 per cent drop in
      311 words
    • 243 20  -  MSd Taiwan Index Lau Chee Keong Refco Singapore THE Taiwan stock market fell yesterday following the slump in Nasdaq last Friday on earnings worries. The MSCI Taiwan index was down by 8.23 points or 2.91 per cent to close at 274.36 points. Turnover within the index
      243 words
    • 170 20 ENERGY REPORT Reuters [LONDON] Oil prices hovered near 10-week highs yesterday, retaining most of last week's steep gains that stunned traders who saw little fundamental reason for the rally. Prices rose more than US$2.5O on Thursday and Friday as traders rushed to cover oversold
      Reuters  -  170 words
    • 325 20 Reuters liOiMtAH THE euro was firmer against the US dollar and the yen yesterday, profiting from a sell-off in US stocks at the end of last week which spilled over into Japanese equities. A larger-than-expected increase in US non-farm payrolls released on Friday was overshadowed by a rise
      Reuters  -  325 words
    • Article, Illustration
      1201 20 DTTERBAlfR CROSS RATES Feb 5 AS CS Era Ffr M Htt HKh Yw Won HI »»M(h Pmo S$»K Sir HT$ 8afct HmA US$ Australia 0.828 4.590 0.587 3.849 1148 4.314 25.668 53.033 0.640 6.984 2.102 1240 32.719 27.165 0.962 4.297 0.904 17J8123.478 0.375 0.553 Canada 1208 5.543 0.709 4.648 1386
      1,201 words
    • 1908 20 SICOM FUTURES Feb 5 RUBBER (futures closing as at 5.30p«) RSS1 CONTRACTUS cents/kg) Close Volume Open Month Mb> Low Srtt (tonnes) Interest Mar 01 »7.00 1950 Apr 01 H0.25 400 May 01 112.75 400 Jun 01 114.25 400 r RSS 3 CONTRACT (US cents/kg) Volume OpM Month Htyli low Sett
      1,908 words

  • STOCKS east asia
    • 2743 21 HONGKONG AFP niHangSeng -240.45 HONGKONG share prices closed 1.5 per cent lower yesterday on selective profit-tak-ing following Wall Street's fall at the end of last week, dealers said. The key Hang Seng Index lost 240.45 points to close at 15,830.84, on
      AFP  -  2,743 words
    • 2073 21 TOKYO AFP Pmktaigg -318J1 TOKYO share prices slumped 2.3 per cent yesterday as technology issues suffered from a Nasdaq selloff in New York, brokers said. The Tokyo Stock Exchange's Nikkei--225 index closed down 318.11 points at 13,385.52. The Topix of all issues on the stock
      AFP  -  2,073 words
    • Article, Illustration
      1060 21 Reuters Q Shenzhen Binder -3JI CHINA shares closed sharply lower yesterday, the first trading day after a long Chinese New Year holiday, due to investor worries that authorities may widen a crackdown on stock market irregularities, brokers said. Shanghai's hard currency B share index ended at 82.99, down 3.01
      Reuters; Source: Credit Lyonnes Securites (Asia) Ltd  -  1,060 words
    • 375 21 AFP □TP Index -11&84 TAIWAN share prices fell 1.9 per cent yesterday as institutional investors took profits in financial and technology stocks, dealers said. The Taiwan Stock Exchange Weighted Price Index shed 116.84 points to 5,932.42, on turnover of NT5132.61 billion. Risers led decliners 361 to 184, with 46
      AFP  -  375 words
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  • STOCKS klse
    • 417 22 AFP C 3 Composite Index -432 MALAYSIAN shares closed 0.6 per cent lower yesterday on profit-taking triggered by WaU Street's losses at the end of last week, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 4.32 points at 732.02. The Second
      AFP  -  417 words
    • 8657 22 INDUSTRIALS Cmhmt protects 2001 Last Vol Day Net Cap L— Compkrry Sat* •OOP High Law P/E $mll 310 300 Ajinomoto 310 17.0 125.6 45 30 Angkasa 38.5 -1 18 39.5 37 56.8 334 286 Apollo Food Hlq 334 2 2 334 334 7.3 133* 356 308 Asia File 346 -6
      8,657 words
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  • SGX clob & regional stocks
    • 2679 23 BONDS A WARRANTS ms *t Mi rnm/ U»tr» 52-Veak Last It Omy UiIBmH mtmt Cmn liar Mx MM* M* Lea Sate COOO) Mfk Lew m> Sal* hta MblMk Pita (*> *e«ta2 K« 47 1 s Acma W*****4 2 uoch 154 2 2 13 2.5 2 41.0 1 300 351 33.50
      2,679 words
    • 305 23 AFP Q Composite Index -2132 SOUTH Korean shares fell 4.8 per cent yesterday with the index down 29.32 at 579.16. Volume stood at 351 million worth 1.9 trillion won.—AFP ms *h Anam Semi 4190 -560 Brain Tech 565 -40 Centra) Bank 170 unch CheMComtn ***** -MOO Da* Cu Bank
      AFP  -  305 words
    • 289 23 AFP Q Composite Index -17.50 PHILIPPINE share prices fell 1.1 per cent yesterday with the Composite Index down 17.50 points lower at 1,652.08. Turnover fell to 983 million shares worth 332 million pesos compared to one billion shares worth 615 million pesos traded on Friday. Fees Ptm COOQ) Abacus
      AFP  -  289 words
    • 270 23 AFP □IBSE-40 -23JH NEW Zealand shares slipped 1.2 per cent yesterday on concerns about the effects of the US slowdown and with many players taking a long weekend, dealers said. The NZSE--40 Capital Index closed down 23.86 at 1,967.07 on turnover of 34.81 million stocks valued at NZ$34 million.—AFP
      AFP  -  270 words
    • 547 23 AFP PAD Ordinaries -39.40 AUSTRALIAN shares fell 1.2 per cent yesterday amid concerns for the domestic economy ahead of an expected cut in domestic interest rates by the central bank, brokers said. The All Ordinaries index fell 39.4 points to 3,265.3 points while the SP/ASX2OO index dropped 42.5 points
      AFP  -  547 words
    • Article, Illustration
      755 23 AFP §3 SET Index -£fl2 THAI stocks closed down 1.5 per cent yesterday as an afternoon slump reversed gains made early in the day, dealers said. The Stock Exchange of Thailand (SET) Composite Index closed down 5.02 points at 329.08 while the SET 50 fell 0.39 points at 23.59.
      AFP  -  755 words
    • Article, Illustration
      722 23 AFP Composite Index +6J7 INDONESIAN share prices closed 1.5 per cent higher yesterday on bargain-hunting in blue chips with a large inflow of foreign funds, dealers said. The Jakarta Stock Exchange Composite Index closed up 6.97 points at 458.95, off a high of 469.81. Declining stocks led advancers 97
      AFP  -  722 words
  • Page 23 Advertisements

  • 9279 24 SGX MAIHBOARD Transaction date: Feb 5 Of Gr M Wt 52-Wk Last Vol Day Lait Ouota Dtv Dtv YM Nat Cap Avg Law Campawy W« COOP) m» Law Buyar »a8ac Cvr H P/t >S8 Prtca MLTHNMISTWY ll 3 m c ttSffLa 70 663 66.5 67 5 43 3.7
    9,279 words
  • Page 24 Advertisements

  • Page 25 Advertisements
    • 255 25 Where to wine, dine and enteftain..~'!>K:i.a jjjsaSS." M""' Pre-Chinese New Year Company Gathering Set Luncfeii Dinner Menus (19 fan *Feb) $368 and $498far8to lOpax Chinese New fear Family Reunion Set Menus <19 lan 7 feb) $368-$1,288 ft* 4 to 10 pax a f For reservations, please enß 1800-*****11 or 290
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    • 49 25 j' L Fresh oysters, delectable -|P* lobsters, savoury hoocv-gtazcd ham, U.S Prime Rib of JE MWj. Beef and many mote mouth watc l B to leave yoii j spoilt for choice. BEST Lunch: 12 noon 2.30pm Dinner 6.30pm 10.00pm Reservations: 831-6271/88 Mnmkirut ,V/jj*y«r«T» 333 Orchard Road. Singapore 2 *****
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  • Page 25 Miscellaneous
    • 929 25 i lie dujiiicoo limes, i ueauay, rcui uai y u, tuu i TVF.irrr. rrr————wn^m 9.30 News 5 Tonight. 1100 MN TV Innovation. 1140 Asia Tonight. 10.00 Buffy The Vampire LOO AM Close. 11-30 W3. 0.00 AM Kids Central: Sesa- Slayer. 12.00 MN The World Tome Street. 1L00 Snoops. Channel NewaAsia
      929 words
    • 250 25 CRYPTIC CROSSWORD mgmmr 2 i p j p E j Fe I HM|| Br""""jBjl iBISI ACROSS unopened (4) 1 Pass down a card with gesture 7 tew co make much ri orv~«ntv (45 51 difference (5,6) 8 Approach senior teacher as 8 Cau 9 ht so^[? i J hat hand,e
      250 words

  • KNOWLEGE economy
    • 1262 26  -  Mechanical, mindless group-think spells the dearth even death of innovation. How, then, can organisations change this mindset to achieve quantum growth? MMttk tbo gets some, answers from Rajiv Narang, chief executive officer of Erehwon Consulting ANNA TEO A GROUP of senior, seemingly highly intelligent executives
      CHRIS LOH  -  1,262 words
    • 416 26 IN Singapore, Erehwon Consulting counts among its "most exciting" cases its work with DBS Bank's investment banking group. "Here's a traditional Singapore company that's trying to reinvent itself," says Rajiv Narang, whose company has been doing work in the region for about five
      416 words
    • 1648 27  -  BIOSAFETY GUIDELINES An attempt to make rats and mice infertile in Australia inadvertently resulted in a virus that killed mice. While this particular virus poses no danger to people, the same technique could be used to create viruses that could infect human beings. This
      REUTERS  -  1,648 words
  • Page 26 Advertisements
    • 1718 26 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 9* WATERCO INTERNATIONAL PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 78 Vore Street, Silverwater, New South Wales 2141 to
      1,718 words
    • 133 26 MTMMATTBIOr THf COMPANIES ACT, CAP. 50 AND M IHi MATTW OF HOUDAY PLANNERS PTI LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the members of ihe abovenamed Company wil be held at 133 New Bridge
      133 words


  • NewAsiaBizWoman
    • 901 28  -  But like fallout hitting other dotcoms, use of these sites has hit a plateau By Susan Karlin Reuters WHEN Melina Kanakaredes. the star of NBC-TV's Providence became pregnant, she faced a rapidly changing body that required special attention, not to mention hip maternity
      Reuters; REUTERS; AN AD FOR NIPPON PAINT  -  901 words
  • Page 28 Advertisements
    • 218 28 OUR TECHNOLOGY FUND INVESTS IN THE GREATEST INNOVATION :_i_. OF ALL. j X X C -> K 0> O 0 o <=> o o0(J < V-'A 1 o°r. P dk -0 4 Q t Ok s L-i -Am The human mind creates... and opportunitiesarise. Ever wished for a robot to
      218 words

  • SHIPPING TIMES
    • 291 29 Reuters THE Baltic Dry Index (BDI) dipped five points to 1,488, the Baltic Panamax Index (BPI) shed eight points to 1,611, the Baltic Handymax Index (BHI) firmed 22 points to 8,898 and the Baltic Capes ize Index (BCI) fell 11 points to 1,863. Atlantic panamax freight rates are
      Reuters  -  291 words
    • 265 29 CWT Distribution 0.53 0.01 Cosco investment"-0.t8 002 2158 Freight Links 0.12 0.01 1901 SB Holdings 0.45 0.01 0 IMC HoMngs-HK —5.60 UKll 0 Jaya Holdings 0.17 0.01 819 KeppelCorp -0.02 1041 KeppelFCLS 1.07 OA 329 Keppei Marine 0.20 unch ***** Keppei Tele L38 "0.07 MS LeDroy Marine 0-30
      265 words
    • 467 29  -  Membership will ensure Asian views are heard at int'l conventions From] David Hughes in London ASIAN shipowner groups are acting to ensure they have a greater say in decisions taken by bodies such as the International Maritime Organization (IMO). Singapore Shipping Association
      467 words
    • 304 29 AFX-Asia [MANILA] International Container Terminal Services Inc (ICTSI) has no immediate plans to request an additional cargo handling rate increase after it implemented a 10-15 per cent rate hike last week, ICTSI president and chairman Enrique Razon Jr said. "We
      AFX-Asia  -  304 words
    • Article, Illustration
      148 29 [SINGAPORE] Minister for Communications and Information Technology Yeo Cheow Tong launched a commemorative book yesterday to mark the 15th aniversary Of the Singapore Shipping Association. In a foreword to the book. Prime Minister Goh Chok Tong, who was managing director of Singapore's Neptune Orient Lines before going into
      148 words
    • 71 29 [LONGKEN, Taiwan] The Singapore working ship Smit Lumut (right) removing the rest of the oil from the Greece-registered cargo shipAmorgos, near the coast of Longken conservation area, off Renting National Park. At least 1,150 tonnes of fuel oil have gushed from the ship since it
      71 words
    • PORTShots
      • 50 29 v y itONDON] Swedish tanker operator Concordia illirltime saw a pre-tax profits ofUS$22.9 million (5539,6 million) last year, up from a US$7.6 million loss the year before. The V/X7LCC company saw its consolidated sales nearly year as SHSSSHT hedging at the beginning of the year.
        50 words
      • 75 29 {LONDON] John Stafford has resigned as chief executive officer of UK-based ehiprepairer Cammell Laird. The company has recently suffered from losing an USsBqMvf J million <Ssl47 million) jumboisation contract from Italian cruise firm Costa Crociere and is still awaiting news of government approval of a two-ship
        75 words
      • 67 29 {LONDON! US-based Celebrifr&ruises' new gas turbine sip Millennium Jatofce drydocked again in April after"' one of its electric motors developed problems. The cruise ship was last drydocked in November last year shortly afterlt began operating in the Caribbean when it began suffering from vibratiolbroblems. Passengers booked
        67 words
      • 99 29 [LONDON] '**1 Register has made a number of changes to its top management, effective from the start of this year. Wiliem de Europe, Middle East and Aftfea Region, has been appointed deputy chairman of though he is to retire i& April. Current Asian operations
        99 words
    • 117 29 AFP [TOKYO] A cargo ship carrying 335 cars capsized in the Sea of Japan yesterday morning, leaking oil which stretched for 2.2 kilometres, a Japan Coast Guard spokesman said. All eight crew members were rescued unharmed. Around 6.00 am yesterday, the car carrier
      AFP  -  117 words
    • AUSTAL'S expansion
      • 868 30  -  Australia's Austal, well-known as a fast ferry builder, is aiming to branch into defence, patrol boat and luxury motor yacht sectors to ensure its long-term competitiveness, reports EVELYN DOTTY EVELYN DUFFY AUSTAL chairman John Rothwell tells Singapore's Shipping Times that divers i f i c a t
        868 words
    • 180 30 PAGE Appenship 5 Assets 5 Austral 6 BalajiShpg 5 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Cho Yang 5 China Shpg 5 Cougar 7 Columbus 6 CVT Globelink 7 Delmas 4 DjakUoyd 6 Dongnama 3 Eastrans 6 ECL
      180 words
    • 17789 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT TUESDAY, FEI ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 14/02 20/03 Del mas SAUDI JEDOAH N41W 65-*****44 15/02 31/03 COSCO MING HEAVEN 002SW 65-22(1900 20/02 25/03 Delmas SAUDI JUBAIL H41W 65-*****44 21/02 31/03 COSCO
      17,789 words
    • SHIPS IN PORT
      • 772 39 Vessel Voy No Berth Arrival Departure Spc Capricor 23 J M 05/02/630 05/02/1900 Rachmanuel 2 01-Feb J03 05/02/80) 06/02/800 Baltimar Oke 103 J17 05/02/8:45 05/02/1*00 Angliaservic VOWIr JOS 05/02/7:10 05/02/23:00 Sing L H11 01-Feb J06 05/02/8:20 06/02/6:30 Winstar 2 015S01 J03 05/02/7:30 05/02/21:15 Kim Heng 183 M1037 J02
        772 words
      • 1738 39 RECEIVING OF EXPORT FCL CONTAINERS ANDLOCAROO Booking/Mane* Rstts Ship Voy Wo Etb/Btr Ported Frow To Fw ACTUAMA *****4 6/12:00 B 04/1500 04(1*9* AjrOO 2A 04/1700 05/0659 05/0*00 a ovrroo ovo659 05/0*00 J owotoo os/ns* OS/MOO 4 05/1200 OS/MM 95/1700 ass ssa ss. a 04/1700 95/9*51 os/o*oo 05/0700 OS/IB*
        1,738 words
      • 188 39 Ml New Zealand: Waitangi Day. F*bB Thailand: Makha Bucha Day. New Zealand: Waitangi Day. Feb 11 Japan: National Foundation Day. Fab 19 United States: Presidents Day. Feb 33 Brinei: National Day. Marl South Korea: Independence Movement Day. Kirl Brunei: Hari Raya Haji. Indonesia: Idul Adha A.H. Malaysia: Hari
        188 words
      • 777 39 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
        777 words
      • 490 39 Carboa WO Max 987.5 03 15.9 0.06 65 0.03 m i IWmltr Water Residue Ask AlwaMwa Sediment No abow £25 0 0 1 0 0 0 =£2 —rrr- 380 aw *4.9 0J ai 0.06 25 0.01 UM. 380 MM 990.4 0.7 16.1 0.09 54 0.04 m/wi
        490 words
    • AIR & LAND transport
      • 495 40 ECONOMY-CLASS SYNDROME Summit comes as evidence emerges of rising death toll, Aussie law firm set to take action AFP [SYDNEY] Australian airline managers, aviation regulators, doctors and unions will attend a summit in Sydney to discuss so-called economy class syndrome as evidence
        AFP  -  495 words
      • 87 40 [ORLY] People demonstrate in front of Orly's airport, outside Paris. Some s,ooopeople demonstrated on Sunday against a new air lane over the southern Parisian suburbs nearby Orly's airport, aimed at relieving the traffic congestion on the northern Parisian airport of Roissy-Charles de Gaulle. Local inhabitants and
        AP  -  87 words
      • 226 40 Bloomberg [TOKYO] Japan will review its air-traffic control procedures to reduce the risk of human error after two planes carrying 676 passengers and crew narrowly avoided a collision last week, government officials said. Japan's Ministry of Land, Infrastructure and Transport has established a committee
        Bloomberg; AFP  -  226 words
      • 350 40 Bloomberg [LONDON] British Airways pic, Europe's biggest airline, said it returned to profit in the third quarter as it carried more business traffic and ratcheted up fares. BA reported an operating profit of £80 million (552.05 billion) compared with a loss
        Bloomberg  -  350 words
      • 135 40 Bloomberg [ZURICH] SAirGroup, the owner of Swissair, said Paul Reutlinger, the executive charged with combining three unprofitable French subsidiaries, will leave the company at the end of the month. SAir wants to merge Air Liberte with AOM and Air Littoral to create the No
        Bloomberg  -  135 words
      • 186 40 Reuters [SHANGHAI] China Eastern Airlines said yesterday it plans to take delivery of seven Airbus Industrie aircraft and add some planes for feeder routes to its fleet this year. Eastern now has the second largest fleet in China and it will be
        Reuters  -  186 words
      • 89 40 AFX-Asia [SYDNEY] Qantas Airways, Air New Zealand and Singapore Airlines have been highlighted by Air Niugini chief executive Peter Roberts as preferred equity partners, The Sydney Morning Herald reported. The report said Air Niugini has identified 28 airlines as potential 49 per cent partners
        AFX-Asia  -  89 words
      • 1784 40 aw rum tu nut no MM* M0229 2230 11*300 2230 S0229 2230 fl«Hll>m IKS 0M0 0*974 OK K***** 1535 KL0044 OCS KL0830 2335 M24 040 MBHZ MIS mm ***** QMS WW 2255 mm* >223 MO >***** 2045 S***** 1050 S0205 2045 IU42M 2020 m mm MOW*
        1,784 words
      • 273 40 Reuters [ROME] Italian Prime Minster Giuliano Amato met his treasury and transport ministers yesterday to discuss the future of Alitalia, three days after the airline's embattled chief executive officer Domenico Cempella resigned. Mr Cempella, who had led the Italian flag carrier since 1996, had
        Reuters  -  273 words
  • Page 29 Advertisements
    • 402 29 PEOPLE Kawasaki Kisen Kaisha Ltd (K-Line) has promoted Yoshlo Iinuma to managing "director. Mr iinuma began his career with K-Line in 1967 and, since 1998, has 2^-V been president and chief executive officer for K-Line 't. Thomas Thune Andersen will be replacing Tommy SSfc. ■■■■■■■■■hhmhhh Thomson as president HHu $HHHB
      402 words
    • 31 29 ■/total's r survival strategy?,'..' dhioreifflratinn < UIWBIJrITICfIIIOII B Aussie |ivlatlo<t?|ig| attMrfMMt in the black tafWni^r;; Back Pg r 1 Do you need to register a vessel? Click on www.maritimeChain.com for more information.
      31 words

  • Page 30 Advertisements
    • 717 30 NORTH AMERtCA QULF/INDIA SUB-CONTINENT express (ssx) 1 iouu Karachi express «wx) vgsa I vot I lgo ST—T num vnsa vot 5a mm md T m^ST m OOCIMTHBIANDS 25W03 14/01 11/02 11/01 POO »UOT» MMMAM 541 17/01 11/01 20/01 10/01 OOQ IRITAM 39W04 31/01 10/02 20/02 POO MDUOTD MALACCA OK 24/01
      717 words
    • 697 30 Lines services represented by Members of the Regiilry of jHEgWS/ Accredited Shipping Agents, Singopore Shipping Associotion ULY UNE MALI vnsn ["voir \m ~iu eta P. KLANC SPORE MALI Empress Lily VO2Ol 04/02 07/02 15/02 Princess Lily VO2Ol 19/02 20/02 28/02 Empress Lily VO3Ol 06/03 07/03 16/03 I ULV MAMNI StftVICK
      697 words
    • 6 30 Members of the Singapore Logistics Association
      6 words

  • Page 31 Advertisements
    • 1193 31 SAX SERVICE (DIRECT) VESSEL VOT SIN HA LAX OAK DAL HOU CHI COL MEM ATI NTC API SARDONYX 026E 17/01 01/02 05/02 OS/02 05/02 05/02 05/02 05/02 06/02 06/02 API TURQUOISE 040E 24/01 00/02 12/02 12/02 12/02 12/02 12/02 12/02 13/02 13/02 API JADE 026E 01/02 15/02 19/02 19/02 19/02
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    • 1980 31 TOs COLOMBO EVERY MONDAY (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROIINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAIt SHIPPING PTI LTD #12-00 SALIS/BKGS *****57/43 INWARD DEPT (O/O) *****46 COSTAR AGENCIES (M) SDN BHD 01 NO: **********00 SINGAPORE *****4 CONVENTIONAL *****01/450 T/SHPMT DEFT
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    • 1377 33 |VESSEL VOY KHH HKG I SIN PKL I OXB I BAB PMM BIK IRAN TABATABAEI PCI-193 06/02 07/02 10/02 11/02 20/02 21/02 23/02 25/02 1 IRAN KERMAN PCL-194 13/02 14/02 17/02 18/02 25/02 26/02 28/02 02/03 I IRAN ISFAMAN PCL-195 20/02 21/02 24/02 25/02 04/03 05/03 07/03 09/03 I IRAN
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  • Page 39 Miscellaneous
    • 122 39 UEGEND: Issued by Meteorological Service Singapore Thunderstorm -L Showers Y. Rain Temperature wind direction and speed in knots ■Jf'" Weather U Cloudy Day I><J Hazy Sea Conditions Wind speed symbols 1 slight, < 1.2 m O Full circle w/o line indicates calm or light and variable winds -i—JDne half fleche
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