The Business Times, 9 February 2001

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Total Pages: 48
1 48 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 028/12/2000 Internet: hup./'business-times.asial.com.sg/ SINGAPORE FRIDAY. FEBRUARY 9. 2001 850
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  • 74 1 □m (+39.69) MBT-SBI U BMJLS (+15.62) \ii< c h ST INDEX FUTTJIES MofcOO (+37.00) SOISCIFUTURES 2S3JO (+5.90) STOCK MABKET INDICES Thursday Change KLSEOOMP ***** *23 NIKKEI 228 13.138.23 -227.78 RANG SENG *****.40 ___-140.07 SET INDEX .Owed JAKARTA COMP 449.78. -I56 MANILA COMP __1£83.44__+24.19 TAIPEI WPI 5,***** +66.02 SEOUL
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  • 72 1 FOKEX RATES us$ ss US$(S$perCS$) 1.747 £(USS/S$pcr£) 1.464 2.540 EURO(US$/S$/E) 0927 1.619 DM 2.110 1108 YEN 11« 66.60 RM S.800 1176 HKS 7.800 4.465 BAHT 4159 34.38 RUP1AH_ 9,615 5^04 FUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK .9.50 MANILA 11.00 HONGKONG 8.50 TAIPEI 7.84 SYDNEY ,„8.50
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  • 1045 1  -  Contmuing stock price slump, contraction in revised GDP data signal alarm From Anthony Rowley in Tokyo TOKYO stock prices continued their accelerating slide yesterday, reaching levels not seen since late 1998, and igniting fears of a re-run of the financial system crisis that
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  • 554 1  -  Proposal for RKLSb project SBumttea to S'pore:sources From] Eddie Toh in Kuala Lumpur THE tentative pact between Singapore and Malaysia on relocating the railway station of Keretapi Tanah Malayu (KTM) in the republic is set to jumpstart the bridge project to replace
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  • 390 1  -  This wu one reason why it was acquired by DBS, says Paillart By Siow Li Sen [SINGAPORE] One reason why DBS Bank acquired POSBank was that the latter was not Y2K compliant, DBS vice-chairman and chief executive Paillart revealed yesterday. Speaking at a
    RICHARD CHNG  -  390 words
  • Page 1 Advertisements
    • 96 1 mSTOE Exec lifestyle Love trends: Cornering Cupid. Cover Story V*-- 4 v. New Asia Biz Woman Interview: India-born Rita Payne, editor of BBC World's Asia Today programme, on news, views and issues. Pg 20 Top Stories SGX first half earnings down 64% to $18.76 m. MoxtPmgo KepLand earnings jiffTtErs3%tosl2lm. Property
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    • 55 1 Tiger Woods' dilemma for losing streak E\ecntive Lifestyle ELS DBS suspends branch closures, holds staff's leave to tackle service problems, Next Page LIVE These musical icons touch down in Singapore f° r a one-night only performance on February 18. BT has 20 pairs of tickets to give away. i/'lfr Read
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  • NEXT page
    • 575 2  -  But company sticks to its promise of generous dividends By Ven Sreenivasan [SINGAPORE] The sharp fall in liquidity since the second half of last year has taken its toll on the newly-listed Singapore Exchange its bottomline earnings sank 64 per cent to $18.76
      ARTHUR LEE  -  575 words
    • 373 2  -  tidbits jaime ee [SINGAPORE] First impressions are a dangerous thing. Look at Thomas Kloet. On the one hand, you see him as the hotshot American handpicked to be the chief executive of the Singapore Exchange (SGX). On the other hand, you see
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    • ON THE grapevine
      • 61 2 WE hear British composer and impresario Andrew Lloyd Webber is going to China to sell his musical productions. There is talk they may even be staged in Beijing's Tiananmen Square. One observer suggested Webber, whose string of successes include Jesus Christ Superstar and Evita, try to interest the
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      • 109 2 IT may be well-knowxgiat International Finance Corp, a unit of the Workl finances small enterprises, working through logtfmi anting institutions. But do you know how Bma|Micording to its 2000 annual report, IFC is helping the Association of Cambodian Local Economic Development Agencies, which helps poor clients
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    • 66 2 IN our report yesterday, "MOF clarifies SRS caps for high-in-come earners", we erred in making this statement: "The earlier formula —15 per cent of 40 per cent of either OW or AW which was used in MOF's examples, has been clarified to be incorrect." That formula was not used
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    • 911 2  -  No deterioration in Service as perceived, CEO assures By\ Siow Li Sen, Tang Weng Fai [SINGAPORE] DBS Bank has suspended further branch Cktwyes for thd-time being ana asked staff at its branches to postpone leave for the next two weeks in an effort
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    • 6 2 Editorial: Getting consumer banking right, PglO
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    • 438 3 Cathay Pacific Airways l^flfljH^H Cathay Pacific ffißß| 1 U*****,500,000 HHP I I us Lease B Equity Arranger and Investor B ?I g^^p^Ell#*** Hong Kong I Broadcast Network Systems Sdn. Bhd. S BB I US$BO,OOO,OOO I EKN Faouty B OND Fadlity I Commercial Facility B J£ Co-Arranger B Malaysia I vi
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  • SINGAPORE companies
    • 320 4  -  By\ David Boey THREE penny stocks Hyflux Ltd, Ong Asia Ltd and TPA Strategic Holdings Ltd were quizzed by the Singapore Exchange yesterday about the recent jumps in the value and volume of their shares. But all three told SGX last night they were
      320 words
    • 496 4  -  But turnover falls 50% on lower residential contributions; firm warns of challenges ahead By, Andrea Tan KEPPEL Land yesterday reported a 53 per cent jump in net profit to $120.6 million last year but warned of challenges ahead. The FY2OOO profit was in line
      ARTHUR LEE  -  496 words
    • 280 4 FANCY a sprawling good class bungalow designed the way you like it? Keppel Land, which will launch its exclusive freehold Cluny Hill estate in the second quarter, promises to give buyers a free hand in determining the design, space and number of rooms
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    • 270 4  -  By Adeline Chuah SESDAQ-listed Flairis Technology Corporation yesterday posted a 138.5 per cent jump in net profit to $5.2 million for the half-year ended Dec 31, 2000. Gross margins and all business segments improved. Turnover hit ttSUmaifep, up 26.6 per c&ilMMnB? vious customers andpMHHHhF
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    • 418 4  -  Retailer to spend $Bmonadsand store upgrading, By< Corinne Kerk LISTED retailer Robinson Co registered higher turnover in tiie first half of its current financial year and expects growth to continue. The company due next month to announce interim results for the period ending
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    • 678 4  -  locksiew catherine ong THE bloodbath in US equities last year, particularly in tech stocks, has washed out much but not all of the speculative excess on Wall Street. Valuations remain dubious in some quarters and broking firms' margin debt
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    • 355 5  -  Association chief expects 'very, very high' single premium sales m Rachel Ong THE Life Insurance Association (LIA) said yesterday the industry enjoyed substantial growth last year and the trend is expected to continue. LIA president Tan Suee Chieh said: "I expect the sin-
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    • 331 5  -  Opening np the use of pension fands boosts business Byi Siow Li Sen INSURER Great Eastern Holdings, which will announce its FY2OOO results on Feb 22, will post record earnings fuelled by the opening up of the use of pensions ftinds, says
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    • 318 5  -  Turnover rises 35% on higher sales in its 3 core businesses By Kalpana Rashiwala NERA Telecommunications expects a better performance this year after achieving a 76.5 per cent jump in group net profit to $10.8 million for the year ended December.
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    • 250 5 LANKom Electronics has received in-principle approval from the Singapore Exchange for a main board listing. LANKom, which started in 1996 as a distributor of electromagnetic components and now has its own design and manufacturing capabilities, claims there are "no comparable companies" listed on SGX.
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    • 411 5  -  Capita Land is also seen selling Thomson Plaza space to Fair Price By] Kalpana Rashiwala CAPITALAND and Nat Steel have sold their 55 per cent stake in the freehold 79 Anson Road office block for about $135 million or $1,250 per square foot to GRA,
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    • 401 7  -  Stake in Mnlti-Fineline Electronix held by two subsidiaries By Marissa Chew DIVERSIFIED WBL Corporation said yesterday that it has agreed to sell its stake in Mul-ti-Fineline Electronix, Inc (MFI) and expects to reap $100 million from the divestment. WBL Corp
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    • 351 7  -  Status comes after local firm's reverse takeover of Altrez Byl Teh Hooi Ling SINGAPORE-BASED The Internet Call Centre Pte Ltd (iCALL), a provider of live and interactive customer support services to the websites, has completed a reverse takeover of a US company,
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    • 240 7 THE latest IT company to launch an initial public offer has been given a warm welcome by investors. The public tranche of ECS Holdings shares has been subscribed 17.6 times and placement and reserved shares have been fully taken up making the IPO
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    • 298 7  -  Company expects to dear some 2,060 tonnes of refuse daily from these areas once the new contracts get under way By. David Boey SEMBCORP Industries unit, Semac, which weighs in as Singapore's largest waste management company, said yesterday it has won Ministry of
      FILE PHOTO  -  298 words
  • Page 4 Advertisements
    • 272 4 e2open is the leading collaboration network for the electronics industry. e2open enables effective collaboration among OEMs, contract manufacturers, distributors and suppliers and supports the entire product lifecyde, including design, manufacturing, procurement and asset recovery for computing, networking and consumer electronics products. e2open was formed by ten of the world's largest
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    • 7 4 A new treat for shoppers, EL 3
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  • SINGAPORE markets
    • 654 6  -  I-ii comment YOUR MONEY r. sivanithy A SUDDEN strong rebound in banking and tech counters yesterday injected new life into the stock market, which had started the session looking like it would slide after Nasdaq's 2 per cent drop overnight.
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    • 188 6  -  WARRANT WATCH By R Sivanithy THE Flairis warrant has proven to be very popular in the past couple of weeks since we last featured it. Overall market sentiment also seems to have taken a turn for the better, and a possible Thursday fall
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    • 209 6  - Elec Eltek: resistance at US$3.45 HOTSTOCK By Ven Sreenivasan THE stock of (Minted circuit board maker Elec Eltek has surged over the past two weeks. It closed US$O.O4 higher at U553.42 yesterday on volume of 674,000. Although the 14-day Relative Strength Index has risen to the margin of the overbought
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    • 160 6 WBL Corporation Ltd will hold its AGM on Feb 28 at 65 Chuiia Street i #50-00, OCBC Centre. ♦ELEC Eltek International Company Ltd will go ex-dividend (interim dividend of 12 cents and special interim dividend of eight cents, both are tax exempt) on Feb 21, 2001. Last day
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    • 335 6  -  Ticomment CURRENCIES larry wee A CONFLUENCE of negatives conspired to make the Japanese yen the market's whipping boy yesterday, leaving the US dollar stronger against some units and giving the euro a breather. Despite the Nasdaq Composite Index hitting its lowest point in almost
      Source: Reuters  -  335 words
    • 512 6 Stocks Volume Asia Food& Prop 41,457,000 Hyf»ux5c 37,309.000 TPA10C 28,623,000 Vickers Capital 25c 22,606,000 PacificCenturylOc 15,443,000 PanpacMediaCom 5c 14,492,000 SingTe»15c 12,632,000 Cytech HK5c 12,232,000 Omni Ind 10c 11,587,000 ST Assembly 25c 11,338,000 Stocks DBSGrp 64,534,599 Chart Semiconductor 26c 54.889,925 VentureMfg25c 43,395,200 SingTel 15c 36,758,900 DatacrafMOc 36,108,235 Omni hid 10c 33,603,970
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  • SINGAPORE news
    • 505 8  -  Smaller developers like Euro-Asia and Tong Eng eager to push sales with discounts By Andrea Tan SMALLER developers such as Euro-Asia Realty and Tong Eng Brothers are not about to play ball with their big-brother counterparts who have declared that they are not
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    • 573 8  -  On the wish-list are tax exemptions and policies that will boost sales By Vince Chong PROPERTY players are looking to this month's Budget announcements to perk up the market, given that the government has said it will not revoke its anti-speculation measures. Among the incentives
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    • 348 8  -  |M»J >I^l2ool By Chuang Peck Ming UNSKILLED workers are still in short supply, the prospects of an economic slowdown notwithstanding, and local enterprises thus want the government to relax its policy on foreign workers and allow them to work part-time to
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    • 179 8 CITY Developments managing director Kwek Leng Joo was yesterday elected president of the Singapore Chinese Chamber of Commerce and Industry for a two-year term. Overseas Union Bank president Peter Seah has been re-elected one of the chamber's three vice-presidents. Mr Freddy Lam was also
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    • 183 8 SMALL and medium-sized enterprises (SMEs) in Singapore will be able to expand into the Japanese market through two Memoranda of Understanding to be signed at the Fukuoka Business Forum today. The first involves the Singapore Productivity and Standards Board (PSB) and Fukuoka Municipal Government In
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    • 181 8 Reuters [TOKYO] Japanese electronics maker Toshiba Corp said yesterday it was looking at Singapore and other overseas sites as possible locations for a new plant to manufacture liquid crystal displays (LCDs). "We are considering an expansion of our production facilities to
      Reuters  -  181 words
    • 364 9  -  Viet leaders keen to learn abont knowledge economy, says President Nathan From, Harish Mehta in Hanoi VIETNAM sees a strategic partnership with Singapore in the context of Asean, the general secretary of Vietnam's ruling communist party told visiting Singapore President
      TAN SUAN ANN/ST  -  364 words
    • 373 9  -  By\ Raju Chellam THE increasing use and availability of high-speed broadband access to the Internet will see Singapore have one of the highest PC penetration rates in the world by 2003, according to a new report by Dataquest, a unit of US-based research
      Source: Dataquest, Gartner Inc  -  373 words
    • 319 9  -  ■5730n the economy exchange rate policy By. Anna Teo THE current weakness in the Singapore dollar is likely to be temporary; the currency is expected to strengthen in the months ahead, though "moderately so", says Political Economic Risk Consultancy (Perc). "The underlying exchange rate policy for
      Source: P&E Risk Consultancy Ltd  -  319 words
    • 195 9 A COMMITTEE set up to review upgrading education opportunities at degree level will look at the option of training more graduates who are industry and practice-ori-ented. Chaired by Peter Chen, Senior Minister of State (Education and Trade Industry), the committee comprises representatives of industry, educational institutions
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    • 144 9  -  iVJU bag Denis Distant I REFER to the letter "SGX clears the air regarding clearing fees" by Singapore Exchange (Mailbag, Feb 7). In particular, the comment that "market depth information is available to investors as bid and offer prices of up to 50
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    • 469 9  -  By] Eugene Low SINGAPORE is progressing well in its free trade agreement negotiations with the US, and talks should be concluded this year, said Tommy Koh, who heads Singapore's negotiating team. At a farewell dinner for US Ambassador Steven Green, Prof
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  • EDITORIAL & opinion
    • 808 10  -  bottom line OPINION thomas friedman The writer is a New York Times columnist NYT SO I'm at the Davos World Economic Forum two weeks ago, and Shimon Peres walks by. One of the reporters with him asks me if I'm going to hear Mr
      NYT  -  808 words
    • 100 10 'Our business is show business and hospitality. Every funeral service we provide is like opening night, except that we don't get to do it a second time, so we have to get ii righf who owns and runs 17funeral homes, on the nature of his business. 'I
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    • 643 10 EDITORIAL WHEN Nanyang Technological University's top economists cast a pall over Singapore's financial services prospects in their latest forecasts, they were referring to the sector's gloomy near-term growth outlook. But for many of Singapore's bank customers, in particular POSBank customers, the NTU economists could equally have
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    • 1329 10  -  There appear to be two foreign policy/national security camps emerging in the new Bush administration From] Leon Hadar The writer is BT's Washington correspondent in Washington WANT to ensure the juices of your average Washington pundit are flowing? Provide him with an unsubstantiated rumour about the looming political
      AP  -  1,329 words
    • 923 10  -  COMMENTARY Corruption isn't a Parisian preserve; it's global-and globalisation will help drive it ont By] Matthew Lynn The writer is a columnist for Bloomberg News [LONDON] Want to get ahead in business? Then cast aside those creaky management tomes and dusty spreadsheets and
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  • e-NEWS
    • 493 11  -  Interest charges to blame; overseas holding* include S'pore's Star Hub, Korean LG Telecom, M'sia's Maris From Neil Behrmann in London BRITISH Telecom, the beleaguered communications colossus, plans to slash its debt by a third or £10 billion (Ss2s billion) to
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    • 455 11 Merger will create new Aussie-listed mobile group Reuters [SYDNEY] British mobUe phone giant Vodafone Group Pic set in train a shake-up of the Australian mobUe phone industry yesterday with a proposal to acquire Cable Wireless Optus Ltd's mobUe business. Under the plan, the merger of
      Reuters; REUTERS  -  455 words
    • 249 11 NEW YORK Bloomberg CISCO Systems Inc has displaced Microsoft Corp as Wall Street's most-traded stock. At the close of trading on Wednesday, the No 1 maker of computer-networking equipment appears four times on the list of the 10 most-actively traded US stocks, knocking Microsoft
      Bloomberg  -  249 words
    • 640 11 LONDON Bloomberg EUROPE'S former phone monopolies knew at the beginning of this year that they would need to raise US$lOO billion (Ssl74 billion) to help finance licences and equipment for faster mobile service. Barely one month into 2001, they are finding it even harder than
      Bloomberg  -  640 words
    • 438 11 WASHINGTON Bloomberg AGERE Systems, Lucent Technologies Inc's fastest-growing unit, plans to make an initial public offering to raise as much as US$7.4 billion (Ssl3 billion). It will be the second-biggest IPO in US history if the shares are sold at the top
      Bloomberg  -  438 words
  • Page 11 Advertisements

  • MALAYSIA news
    • 394 12  -  His grip could loosen if certain developments trigger conversion of preference shares held by govt From Eddie Toh in Kuala Lumpur MALAYSIAN banker Rashid Hussain has another four years or so to retain control of RHB Bank, but the writing is already on
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    • 427 12 KUALA LUMPUR Reuters MURKY prospects for Malaysia's stock market have made investors turn to warrants and corporate bonds, fund managers and dealers said. Many institutional investors have also parked funds in short-term money market instruments despite low returns, they said. "The outlook (for
      Reuters; AFP  -  427 words
    • 141 12 KUALALUMPUR AFP A FREE-TRADE industrial zone costing three billion Malaysian ringgit (SSI.3 billion) is to be developed near the Malaysia/Thailand border over the next decade, a senior official said yesterday. The Asean Industrial Metropolis covering 2,400 hectares will be built at Bukit
      AFP  -  141 words
    • 536 12 KUALA LUMPUR He is scheduled to p&yUEMRMIOOm on Feb 14 Reuters MALAYSIAN tycoon Halim Saad is unlikely to miss a Valentine's Day date with construction firm UEM, even if it means paying RMIOO million (Ss46 million) to the company as part of a promised
      Reuters  -  536 words
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  • REGIONAL news
    • 584 13 JAKARTA The president's supporters, meanwhile, torch office of rival party AFP Reuters INDONESIAN President Abdurrahman Wahid yesterday appointed the country's ambassador to Saudi Arabia, Baharuddin Lopa, as his new justice and human rights minister following the sacking of Yusril Ihza Mahendra. Cabinet Secretary Marsilam
      AFP; Reuters  -  584 words
    • 225 13 KUALA LUMPUR AFP INDONESIA'S current instability is the result of over-hasty moves towards democracy, Malaysian Prime Minister Mahathir Mohamad has said. "We don't normally comment on our neighbours but I would like to say we welcome Indonesia's swing towards democracy," he said
      AFP  -  225 words
    • 453 15 MANILA USsl7sm purchase of GMA Network is relatively expensive, says analyst Bloomberg PHILIPPINE Long Distance Telephone Co (PLDT) will pay US$l75 million (Ss3o6 million) for GMA Network Inc, giving control of the nation's No 2 television station to the biggest phone
      Bloomberg  -  453 words
    • 133 15 ■JAKARTA Bloomberg THE Indonesian government has approved a plan to merge two companies affiliated to the Texmaco Group, the country's largest debtor, in a plan to reschedule their debts. The Financial Sector Policy Committee, a governmentappointed body overseeing Indonesia's debt restructuring efforts, endorsed the plan to
      Bloomberg  -  133 words
    • NOTEBook
      • 76 15 [KUALA LUMPUR] Malaysia yesterday signed an agreement with Fortis to develop bancassurance in Malaysia under which Fortis will buy a 30 per cent equity stake in the bank's life and non-life insurance business. Fortis' investment amounts to about RM34O million (*****.4 million), subject to
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      • 68 15 Reuters [MANILA] The Philippine government shelved plans to pass a proposed 725 billion pesos (5525.37 billion) budget for 2001 as Congress ran out of time in its current session to push the bill through, Budget Secretary Emilia Boncodin said yesterday. Instead, the government will
        Reuters  -  68 words
      • 88 15 Reuters [MANILA] The self-confessed gambler who triggered the crisis that led to the ousting of ex-Philippine President Joseph Estrada by linking him to gambling rackets is now a consultant in the new government. His job—to help new President Gloria Macapagal Arroyo wipe out illegal
        Reuters  -  88 words
      • 81 15 AP [KUALA LUMPUR] Malaysia's tax authority wants to establish a special court to try to speed up the recovery of more than RMI billion (Ss46o million) in unpaid taxes, a newspaper reported yesterday. Inland Revenue Board chief executive Zainol Abidin Rashid said a plan
        AP  -  81 words
    • 551 15  -  Bankers want banking to be kept apart from politics From Al Labita in Manila BANKERS yesterday asked President Gloria Arroyo to respect the six-year tenure of the central bank governor, saying the banking system should be insulated from politics. "It will not be
      551 words
    • 61 15 AP [HONGKONG] A passer-by looking at a Christian Dior advertising billboard in downtown Hongkong yesterday. The luxury goods label has decided to tear down its latest advertising billboard in response to numerous public complaints about the sexy ad. The three-storey high advertisement depicts a
      AP  -  61 words
    • 197 16 KUALA LUMPUR Reuters STATE-RUN Indian Oil Corp (IOC) has invited Malaysia's national oil company Petronas to bid jointly for 25 blocks of potential crude oil reserves in India. The New Straits Times yesterday quoted lOC chairman Mohamed Asad Pathan as saying the
      Reuters  -  197 words
    • 498 16 HONGKONG Gain rises to HKsl.9b; HE bank's charge for bad, doubtful debts foils by 69% to HKs6Bom Reuters BANK of East Asia declared an end to its asset quality problems yesterday, reporting a 25.7 per cent jump in 2000 net profits to HK$l.B7
      Reuters  -  498 words
    • 345 16 NEW DELHI Reuters INDIAN telecoms companies have reported strong third-quarter earnings growth, and analysts expect the trend to continue with service providers trailing hardware firms in full-year bottomline growth. The two main firms, both state-run Mahanagar Telephone Nigam Ltd and Videsh Sanchar Nigam
      Reuters  -  345 words
    • 294 16 SHANGHAI Move comes amid crackdown on market speculation Reuters SHENYIN Wanguo, one of China's top brokerages, plans to replace its president, securities industry sources said yesterday, amid a widening official crackdown on China's speculative markets. China Everbright Bank's Shanghai branch president Feng Guorong
      Reuters  -  294 words
    • 295 16 Reuters [BOMBAY] The western Indian state of Maharashtra has said it is unable to pay US energy giant Enron Corp's 790 million rupees (5529.8 million) bill for supplying power to Bombay and other centres. "It is not that Maharashtra state does not
      Reuters; FILE PHOTO  -  295 words
    • 275 16 Ernst Young in tie-up with China firm HONGKONG Reuters INTERNATIONAL accounting firm Ernst Young said yesterday its Hongkong and China operations would merge with those of mainland China accounting firm Da Hua CPA. Ernst Young said seven senior Da Hua management members would join the new firm Ernst Young Da
      Reuters  -  275 words
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    • 185 13 OUR TELECOMMUNICATIONS FUND PERFORMANCE SPEAKS VOLUMES. *V* v A ••V V P f I% i\ >. o«- The signals are strong for accelerated growth. Phonos havo trono hovond < nuvoi s.it.on to doo nlo.uhiuj music li.uisUitinq convolutions and ii,)VK|.niiuj tho i ,i! lho tolocommunic.itions soctoi is i onst.iutlv t|iowtni) to
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  • CHINA today
    • 2178 14  -  Despite its robust performance last year, China's growth prospects for 2001 and the next few years are still underscored by uncertainty, says JOHN WONG JOHN WONG Prof John Wong is research director of East Asian Institute CHINA ended 2000 with a strong 8 per cent economic growth,
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      80 words

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    • 812 16 ESSE] Land Keppel Land Limited I (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000 The Directors advise the following unaudited results of the Company and of the Group for the year ended 31 December 2000: GROUP COMPANY 2000 1999 2000 1999 SS'OOO
      812 words

  • WORLD news
    • 1098 17 But as it leaves its infancy and enters middle age, there are several major challenges facing the exchange Reuters THE "aq" in Nasdaq the automated-quotation system that ushered in a new class of highgrowth companies and grew to rival the monolithic New York Stock Exchange—just turned 30
      Reuters  -  1,098 words
    • 549 18 LONDON Markets didn't react as the first rate cut in 20 months was widely anticipated Bloomberg THE Bank of England cut its key interest rate for the first time in 20 months, by a quarter of a point to 5.75
      Bloomberg  -  549 words
    • 170 18 SEOUL DBS is said to be frontrunner, others are Citigroup and StanChart AFX-Asia KOREA Exchange Bank (KEB) has chosen DBS Group Holdings Ltd, Citigroup and Standard Chartered PLC as possible buyers of its 51 per cent controlling stake in Korea Exchange Bank Credit Service Co
      AFX-Asia  -  170 words
    • 357 18 NEW YORK Reuters TWO emerging market teams could not survive under the same roof after the merger that created JP Morgan Chase Co Inc, forcing the defection of two key strategists to rival Deutsche Bank. Joining Deutsche Bank are Jose Luis Daza,
      Reuters  -  357 words
    • 415 18 LONDON Good results mainly dne to higher erode oil and natural gas prices Reuters REPORTING a 60 per cent jump in profits in the fourth quarter of last year, Royal Dutch/ Shell Group yesterday signalled the start of share buybacks that
      Reuters; AFP  -  415 words
    • 513 19 ATLANTA 15 states which depend on sales, manufacturing taxes facing spending cuts NYT WITH a swiftness that has taken many governors by surprise, the sinking economy has sharply reduced state tax revenues in the last few weeks, forcing a growing number of states around
      NYT  -  513 words
    • 362 19 NEW YORK It appears productivity gains are highly cyclical FT ANOTHER pillar of the New Economy story is under threat. First the Internet stock bubble burst. Then the hopes of an end to business cycles were dashed by recent economic data
      FT  -  362 words
    • 647 19 NEW YORK Reuters RUPERT Murdoch's News Corp on Wednesday said its second-quarter operating profits rose 7 per cent, beating Weill Street estimates, as the strength of video sales of "X Men" offset falling advertising revenues at its Fox television stations. The company
      Reuters  -  647 words
    • 373 19 AMSTERDAM But company expects slower growth for some products in first half of 2001 Bloomberg ROYAL Philips Electronics NV, Europe's largest consum-er-electronics maker, said its fourth-quarter profit rose 46 per cent on higher sales of semiconductors. But the company forecast lower
      Bloomberg  -  373 words
  • Page 17 Advertisements
    • 64 17 MONT* BLANC This Valentine's Day, surprise your loved one with a little black leather. I S==S! ®»S^rS si• 5 I <t •>— j V; J "'lk# 7 j <1 I .V I j .f r i www.montblanc.com Montblanc Boutiques: Chongi Airporf Terminal 2,#026-083, Ngee Ann City #01 34, Raffles City
      64 words

  • Page 18 Advertisements
    • 27 18 Jmr ff% dfc gm Mfc Jfc a m AfUl- s%4i 4Ht< pLI J%#^J^ i m \T"*T"f &jl i jr^ IflfllHßßl poems by Singapore's foremost poet Arthur Yap
      27 words
    • 1315 18 NOTICES To advertise call toll-free 1800-741 ~i863 1298 B IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND JN THE MATTER OF CEKLIHY PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at
      1,315 words
    • 284 18 M TXE MATTER OF THE COMPANES ACT, CHAPTER SO AND M THE MATTER OF BMARTCOOE SOFTWARE PTE LTD (MEMBERS' VOLUNTARY WMDMG UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that the FINAL MEETING of the abovenamed Company wi be held at 112 Mktdte Road, #02-03 Midland House. Singapore *****0
      284 words

  • Page 19 Advertisements
    • 30 19 NOTICES To advertise call toil-free 1800-741 1883 Fax No: 741 1298 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
      30 words
    • 238 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND KMP MALAYSIA INVESTMENTS PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will
      238 words
    • 134 19 FORM 55 (Rule 112) NOTICE OF MEETING (GENERAL MEETING) IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. 208 OF 1998 BOONSIRI (S) PTE LTD Take notice that a meeting of creditors in the above matter will be held at 10, Collyer Quay. #06-05 Ocean Building,
      134 words
    • 15 19 TODAY IN 2£1 I 3 j I H i I I C-n A C-JI /fa
      15 words
    • 153 19 I EUNQtS Built for your I Ever y unit n joys ground floor convenience Impressive office-like facade I fronting Eunos Link, in MacPherson &Paya Lebar area s£fejjMP Car lorry parking loading bays r at your doorstep Private toilet for each unit fl JllflSß For ancillary office/ light industrial/ FLIaiiMMKSVpK J'*
      153 words

  • NEW AISA BIZ WOMAN
    • 1082 20  -  And breaking stereotypical images along the way Byi Corinne Kerk LOCAL writer Catherine Lim, Taiwanese director Ang Lee, and Malaysian actress Michelle Yeoh these are just some of the people Rita Payne, editor of BBC World's Asia Today current affairs television programme,
      CHRIS LOH  -  1,082 words
  • Page 20 Advertisements
    • 998 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I EAST OCEAN SEAFOOD RESTAURANT PTE LTD LOSS OF SHARE CERTIFICATE The foMowtng ordinary share certificate has been reported lost or destroyed:Certificate No. In the name gf No of shares 12 Clwn CMh Sheng 5,000 NOTICE IS HEREBY GIVEN
      998 words
    • 473 20 IN THE MATTER OF THi COMPANIES ACT, CHAPTEf 50 AND IN THE MATTER Of FLAGSHIP TRADMG PTE UD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of on Extraordinary General Mooting of FLAGSHIP TRADING PTE LTD tigned by the Representative of the Ik4d»>u Company pursuant to Section 179(6) of the
      473 words
    • 443 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF TMGAP HOLDINGS (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the final Meeting of Members of the Company will
      443 words

  • FINANCE & commodities
    • 312 21  -  SGX Derivatives TndtagReport ST STpore Index Wong Ann Chuen SINGAPORE'S stock market rallied, spurred mainly by banks and the technology counters which ended a fiveday losing streak. At the close, the benchmark Straits Times Index was 39.69 points higher at 1,982.34. The MSCI
      312 words
    • 228 21  -  MSCX Taiwan Index Lau Chee Keong THE Taiwan stock market rebounded from its low and closed in positive territory yesterday after some electronics companies had reported better-than-expected sales figures. Strong profits reported by an industrial bank in Taiwan boosted the market further. The MSCI Taiwan
      228 words
    • 177 21 ENERGY REPORT Reuters [LONDON] Oil prices fell back slightly yesterday after motoring to fresh nine-week highs in a late Wednesday rally but remained robust amid a rosier demand picture for the United States, the world's largest energy guzzler. Falling US gasoline stocks and record
      Reuters  -  177 words
    • 345 21 Reuters THE euro fell to one-week lows against the US dollar early yesterday morning as its failure to capitalise on upbeat German industrial output prompted traders to cut their holdings of the single currency. The US dollar held firm near two-week highs against the sterling, making its gains
      Reuters  -  345 words
    • Article, Illustration
      1139 21 DfTERBAMK CROSS RATTBS *S c$ Ew» Fir P« HKS Yn KM H2$NfcH N» S$ iwi Sir «T$ 8afct NK US$ Australia 0.819 4.506 0.586 3542 1146 4236 ***** ***** 0.632 6573 2.064 1236 32.162 26.199 0.949 4525 0.898 17.530 23.126 0J74 0.543 Canada 1221 5.502 a/15 4.691 U99 5.171 30.799
      1,139 words
    • 1797 21 SICOM FUTURES Feb 8 RUBBER (futures closing as at SJOpa) RSS 1 CONTRACTUS cents/kg) Close VotaM OpM Mowtfc Hj9* Sttt (to—«) lotertst Mar 01 107JO 1350 Apr 01 H0.00 600 May 01 112.50 600 Jun 01 114.00 600 RSS 3 CONTRACT (UScnts/ty) VotaM OpM Month High law Soft (toBws) interest
      1,797 words

  • STOCKS east asia
    • 2740 22 HONGKONG AFP □HmgSaig -140.07 HONGKONG share prices closed 0.9 per cent lower yesterday following losses on Nasdaq overnight sparked by Cisco System's weak secondquarter results, dealers said. The key Hang Seng Index lost 140.07 points to close at 15,909.40, on turnover of HK$7.2O
      AFP  -  2,740 words
    • Article, Illustration
      1073 22 Reuters n -&25 CHINA shares closed sharply lower yesterday for the fourth day in a row as worries intensified over a widening official crackdown on price rigging. Shenzhen's B Share Index fell 4.03 per cent or 5.25 points to 124.92 on turnover of HK564.59 million, up from HK533.55 million.
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,073 words
    • 375 22 AFP UWP Index +650)2 TAIWAN share prices closed 1.1 per cent higher yesterday on bargain hunting after losses earlier this week, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 65.02 points to 5,758.60, following a 2.7 per cent decline in the previous session. Investors were interested in
      AFP  -  375 words
    • 2060 22 TOKYO AFP -227.78 P Nikkei 225 -227.78 TOKYO share prices slumped 1.7 per cent to end dangerously close to their post-bubble low yesterday, after fears of recession returned to haunt Japan and high-tech shares fell in New York. The Tokyo Stock Exchange's Nikkei 225 Average
      AFP  -  2,060 words
  • Page 22 Advertisements

  • STOCKS klse
    • 411 23 AFP AFX-Asia IPf Composite Index jj3 MALAYSIAN shares closed 1.3 per cent lower yesterday on extended selling amid a lack of leads, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 9.23 points to Finish at 719.87, while the Second Board
      AFP; AFX-Asia  -  411 words
    • 8809 23 INDUSTRIALS Cmsmmt predicts 2001 Last Vot Day Nat Cap HMi Low Company Sat* OOP Mqh Low P/E frnil 312 300 AJinomoto 312 17.1 126.5 45 30 Angkasa 35.5 -2 8 35.5 35 52 3 342 286 Apollo Food Hlg 338 unch 1 338 338 73 135-2 356 308 Asia File
      8,809 words
  • Page 23 Advertisements

  • SGX clob & regional stocks
    • 2629 24 BONDS WARRANTS S2-*Mk Lt».» *n c— Um mm mm Lw im|M) Sal. C0001 w» Lm «T» M» Mce Ort 8*e Mm UN 4 Z J 5 Ac a W*****4 1.5 unch 74 t.5 1.5 1.5 2 2 41.0 1 300 367 43.00 5 2.5 S AIITech W*****7 3- "43 17.6
      2,629 words
    • 282 24 AFP rl Composite Index +24J9 THE Philippine Stock Exchange Composite Index yesterday gained 1.5 per cent or 24.19 points to close at 1,683.44. Volume rose to 1.12 billion shares worth 763.81 million pesos from 542.94 million shares worth 436.4 million pesos on Wednesday. —AFP m fit row) Abacus Construction
      AFP  -  282 words
    • Article, Illustration
      687 24 AFP El Composite Index -156 INDONESIAN share prices closed 0.8 per cent lower yesterday after two days of violent massive rallies by supporters of President Abdurrahman Wahid in East Java, dealers said. The Jakarta Stock Exchange Composite closed down 3.55 points at 440.78. Dealers said investor sentiment remained hostage
      AFP  -  687 words
    • 260 24 AFP QmSMO *13.08 NEW Zealand shares rose 0.7 per cent yesterday following the announcement of a takeover bid for the country's biggest winemaker Montana Group, dealers said. The NZSE-40 Capital Index closed up 13.08 points at 2,001.09, on total turnover of NZ$lOl.4B million. —AFP NM ■> CO—) Advantage MOS
      AFP  -  260 words
    • 553 24 AFP PmOrdiMriM ♦l&OO AUSTRALIAN shares closed 0.5 per cent higher yesterday, driven largely by a positive response to New Corp's quarterly results, brokers said. The All Ordinaries Index closed 15.0 points higher at 3,277.8, while the SP/ASX2OO gained 17.3 points to 3,329.4. The All Industrials Index climbed 30.8 points
      AFP  -  553 words
    • 310 24 AFP F1 Composite Index *15^8 THE index yesterday closed up 15.38 points or 2.7 per cent at 591.57. Volume stood at 280 million shares worth 1.7 trillion won. —AFP F«*I mm Anam Semi 4315 125 Brain Tecti 555 unch Central Bank 170 uncfi Chell Conwn ***** 2000 Oat Gu
      AFP  -  310 words
  • Page 24 Advertisements
    • 38 24 BizIT The Bangkok market was closed yesterday $26 bowls em over. ifjl V. iylllP Turn your trash into spare cash. Score a strike with Fastads for /K? ff l r as little as $26. Call C.A.T.S. at 1800-737-1166.
      38 words

  • 7656 25 SGXMA1MB0ARP Transaction date: Feb 8 52 k vol Day Last Oust* CMv Wv YW Net Ca An High Low Company Sa* COOP) High Low ■wyof SKor Cw P/t g MULTI-INDUSTRY '"s 11 m c c 1354 70.5 10 s Asia Food& Prop tl.5 *03 ***** 12 103 11.5
    7,656 words
  • Page 25 Advertisements



  • PERSPECTIVE
    • 723 28  -  the cuff It involves a lifetime of sensible emotional planning and regular tnne-ups whenever necessary, bat it doesn't call for total surrender on the woman's part to her husband jaime ee LAURA Doyle, where are you? I'm gonna hunt you down like a
      723 words
    • STRAWS In The Wind
      • 93 28 »H1V A woman who parked her car in a quiet corner of a local shopping centre carpark returned to a nasty shock—the car had been broken into, and a large black briefcase she had left on the rear seat was gone. But instead of making a
        93 words
      • 51 28 HOW appetising is this? These items were found on the menu in a restaurant in Poland: "Salad a firm's own make; limpid red beet soup with cheesy dumplings in the form of a finger; roasted duck let loose; beef rashers beaten up in the country people's
        51 words
      • 57 28 HERE'S another example of creative English, from a manufacturing company in China: "Facing the condition that the world resources are increasingly decreasing, we encourage using products of circulative use so as to reduce use of one-off polluting products." Circulative? No, the company wasn't selling circulating products, it
        57 words
    • 804 28  -  Bnt which colour to purchase? And is there any significance to the colours and size of the bonqnet? Here are some tips By] Ruth Cheng The contributor is a journalist with newasiawoman.com VALENTINE'S Day is as well-known for lovers as it is for the rose, a flower
      FILE PHOTO  -  804 words
  • Page 28 Advertisements
  • Page 28 Miscellaneous
    • 208 28 CRYPTIC CROSSWORD 29 fmMkf daring —J* called 7 The S jm g 0 mad make 25 Yank on a fiery beast (6) ™I? a merry (9) 26 Running water disturbing 30 Note the Right impose re- 8 The top man's style is what rest after midnight (6) striction(b) he'll be
      208 words

  • STYLE
    • 1233 29  -  CEO Peter Husum tells commie here what's in store at the Raffles City Robinsons CORINNE KERK IT was the third day of the Lunar New Year, but parents were already out in full force, bargain hunting for sale items in the children's department on the
      RICHARD CHNG  -  1,233 words
  • Page 29 Advertisements
    • 37 29 Cartier invites you to discover Cartier Creative Writing from the Art of Cartier Collection from now to Sunday, 11th February, 2001 Inkwell 1927 Cartier Cartier Boutique 581 Orchard Road, The Hilton Shopping Gallery #01-03 Tel: 235 0295
      37 words
    • 65 29 CARAN d ACHE OF SWITZERLAND LEMAN COLLECTION. MAKE YOUR MARK. cj *6 c <J Sole Distributor: SILVAROYAL PRIVATE LIMITED 207 Henderson Road #01-06 Singapore *****0 Caran d Ache corner and service centre. #03-10/11 WheeJock Place Tel: 238 6678 Caran d Ache is available at authorised departmental stores, major bookstores, speciality
      65 words

  • ENTERTAINMENT
    • 577 30  -  CINEMA Everything about "The Wedding Planner' is so contrived that it becomes irritating to viewers By Parvathi Nayar THE Wedding Planner grossed US$l4 million (5524.4 million) on the opening weekend, topped the national box office, and set the record for second highest Superbowl weekend of all time.
      577 words
  • Page 30 Advertisements
    • 511 30 See EL 7for listings Where to wine, dine and entertain..."-? Mksss Love is in the air. Seal your love for each other with a tender moment at the Grand Plaza Hotel. St Gregory's Brasserie A four-course candlelight set dinner will be specially prepared by our chefs. A rose stem and
      511 words
    • 86 30 I I iinsw *RS3S-J£ The Neptune Presents j Beijing Opera performance by members of the Pel Yan Ling Opera Arts Centre, Hebei 4, 10, 11, 17, 24, 25 February 2001 Tel: 224 3203/831 6288 ®H4b. a, O+mQm, fffl Mantiarut |Jj Singapore JL Wfiiil 333 Orchard Road, Singapore *****7. Tel: 737
      86 words

  • GOLF
    • 973 31  -  VEMSREENiYASAM explains why it is premature to write the golfer off VEN SREENIVASAN Tiger woods' performance in this week's Buick Invitational at San Diego will be closely watched by millions of golf fans who had agonised as their hero struggled through six
      Source:  -  973 words
    • 704 31 AP [SAN DIEGO] The real reason for what's been holding back Tiger Woods was finally revealed on Wednesday. It's the hair. He dyed it blond over the holidays and hasn't won since. That's all of three tournaments. "Maybe I need to dye
      AP  -  704 words
  • Page 31 Advertisements
    • 101 31 «r Yes, at Bintan Lagoon Resort, you'll J' 9©t to tee off for just Sslls nett, fJI F B and your golfing partner, Sss9 nett, *%.from now till 15 March. So for one whole day, you'll get to play to your heart's content at the famous Jack Nicklaus or lan
      101 words

  • EPICURE
    • 773 32  -  GOimnni here finds out what's different at the Fig Leaf besides its new, posher premises CORINNE KERK THREE years ago, a little restaurant called Fig Leaf opened in quiet Central Mall. Despite being neighbours with an assortment of failed restaurants and other businesses, it succeeded in
      773 words
    • 680 32  -  RESTAURANT By Corinne Kerk THERE are theories about the origins of Valentine's Day, but I have my own. One day, after all the wonderful festive (and feasting) seasons of Christmas, New Year and Lunar New Year, restaurateurs got together and wondered where
      680 words
    • 916 32  - Priorat —Spain's most exciting wine region WINE CONNOISSEUR By N K Yong ONE of the most exciting viticultural areas I visited last year was the Priorat region in Spain. This is a small area tucked away in a corner of Tarragona, one of the eight areas within the larger region
      916 words

  • Article, Illustration
    848 33 The Accidental Spy. Orphaned salesman Jackie Chan goes to Korea and Turkey and finds himself targeted by spies. Beach Rd, Lido, Balestier, Century, Choa Chu Kang, Jurong, Yangtze, Eastshore, Suntec, West Mall, Jubilee, Empress, Sun, ToaPayoh, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Plaza, Eastpoint, Princess. Another Life. The
    848 words
  • 113 33 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-164U-Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesS Tiongßahru Yishun Overseas Movli Clementi/Co'wealth 777-0669 Golden/New Town 298-5466 N'Crown
    113 words
  • Page 33 Miscellaneous
    • 2009 33 TODAY'S TV Ceiltml I irtMl 3-34 Search World's Best. Quirky office u^^° rdtoiUT d Gilts Pinkv Thp Rrain r ASIA. romance Inept kidnapper Ewan 10.30 Mrßenn UX> Asia Today. McGregor abducts rich Kids News. *2" po LLOO Magician. -6.00 Headlines. Picture Perfect, 7.30pm, brat Cameron Diaz. 1140 Diplodo (Ep 19).
      2,009 words
    • 265 33 RADIO Off The Shelf When We computers will equal the Were Orphans, by Kazoo power of the human brain, Ishignro, BBC, Fri, 9.45 am and will then overtake it. Is Anton Lesser reads this novel this natural evolution or is by Booker Prize-winning science out of control? author Kazuo Ishiguro.
      265 words

  • TRAVEL
    • 1170 34  -  CORXNNE KERK is none the worse for wear after experiencing the strong winds of Wellington. She discovers that the New Zealand capital is not so staid after all; there's the lively arts and shopping scene, not forgetting the wildlife encounters for the more adventurous CORINNE KERK 1 SWEAR
      1,170 words
    • 437 34  -  By Corinne Kerk Qantas flies daily to Wellington via Sydney SO, famed Aussie chef, Neil Perry, is doing Qantas' business class meals, huh. Is it any different from the typical business class food where you're merely served with a bit more finesse, offered
      437 words

  • SHIPPING TIMES
    • 250 35 Reuters THE Baltic Dry Index (BDI) shed 11 points to 1,461, the Baltic Panamas Index (BPI) fell 23 points to 1*560, the Baltic Handymax Index (BHD ®taed three points to 8,940 and the Baltic Capesize Index (BCI) was (town eight points to 1,830. ♦Alina-(built 1966) 179,000 dwt delivery
      Reuters  -  250 words
    • 282 35 ■MWw Ml g M CWT Distribution 031 unch 0 Ctao Hup ,038 0.01 1705 Co*co investment—0.19 (LOI 202 Freight l**s 0.12 0.01 55 GSHoMngs 0-44 -0.05 19 IMC MoMings-MK 5.60 unch 0 Jays Holding* 0.16 0.01 SO KeppeiCorp 3.46 -0.02 1056 KeppeiFELS 1.06 -am 560 Keppei Marine 019
      282 words
    • 525 35  -  Neptune Dorado's class issuer is Lloyd's Register, its ISM certifier DNV By Donald Urquhart [SINGAPORE] The same classification society should be responsible for both a vessel's class and ISM (International Safety Management) certificate, says a leading classification society in the wake
      KNUT VADSETH  -  525 words
    • 651 35 AFP [KANDLA, India] Officials at Kandla, India's busiest port, are trying to get operations up and running again 11 days after the devastating earthquake that hit the state of Gujarat. "We have begun operations partially. We plan to begin flushing
      AFP; AP  -  651 words
    • PORTShots
      • 72 35 AFX-Asia [HONGKONG] Modern Terminals Ltd said it handled over 3.0 million twenty-foot equivalent units (TEUs) at its container port fecility in Kwai Chung in 2000. It said the ff company is handling containers at an average working rate 0f396 moves per hour. This productivity
        AFX-Asia  -  72 words
      • 127 35 [LONDON] Hongkong-based shipmanager Anglo-Eastern is now offering ftill details of its ships, including technical and financial reports and photographs showing i vessel conditions for its 70-ship fleet, via its new online system. Anglo-Eastern chairman Peter Cremerssakb "We believe strongly in creating added value services for our
        127 words
      • 144 35 [LONDO.V] The European Sea Ports Organisation has elected David Whitehead as its new chairman, succeeding Jean-Marcel Pietri, who chaired the > association during the previous two years. Mr Whitehead Ist!* director ofthe British Perts Association, which Yv< represents 86 UK port authorities. Eels also
        144 words
    • 737 35  -  ADVBAUn OASBBOOK By Selva Kumar S expected, Malaysian International Shipping Corporation (MISC) has been fined an unA 5400,000 follow■H ■BBing its guilty plea on Tuesday to causing serious environmental damage after its container vessel Bunga Teratai Satu ploughed into the
      737 words
    • APL expansion
      • 1125 36  -  NOL unit is eyeing new markets in Europe, not just simply expanding existing business, reports DAVID HUGHES DAVID HUGHES SINGAPORE-based NOL Group's international container shipping arm APL is set to win a much bigger share of the European market. That is the confident expectation of the
        1,125 words
    • 299 36 PACE AhreflUH 12 Appenship 5 AsiaOCL II Assets 5 Austral 6 Avant 12 B'tangMas 6 BSA 7 BTl 12 BatapSlin 5 Bangladesh tl Batamindo 11 CCNI 7 CMACGM 3 COSCO 3 COCOS S CSAV 3 Central Ei 6 Chahaya 12 Ow Yanf 5 CMnaSftH 5 Confer 12
      299 words
    • 17246 42 THEBUSINESSTIMES THEBUSINESSTIMES Page 8 EXPORT FRIDAY, FEBRUARY 9, 20C ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name None Number Number To ABIDJAN (ABJ) 2003 Cote D'I voire 16/02 27/03 Delmas OELMAS TOURVILLE mw (5-*****44 18/02 18/03 MOL P 0 NED RIO GRAN 6903 A 65-*****66 21/02 30/03
      17,246 words
    • SHIPS IN PORT
      • 805 47 Vessel Voy No Berth Arrival Departuri Empress Uy 201 08/02/030 09/02/600 H Rufiy 101 Jtl 08/02/7:50 17/02/12^0 Bt S Selamat ***** JOl 08/02/900 08/02/23^0 C Success 02-Aug J10 08/02/8:45 08/02/17.-00 Winstar 1 015S01 J03 08/02/7:15 08/02/21.00 limber Idr 6 194 J08 08/02/8:25 09/02/600 Bunga Tekiki 01-Mar J02 08/02/8:30
        805 words
      • 1924 47 RECEIVING Of EXPORT FCl CONTAINERS AMD ICt C«R60 Booklng/BaUncc Rstls Ship Voy No Etb/Btr Pwjod Frew To From achkvw nr n/340 a ot/boo oimot m-oo U OT/IIOC 04/0459 oww. a 07/1700 04/0659 <8*940 3 oo/otoo 04/1159 oe.i4oo 00/1240 oo/vw* 00/1700 acx s»a» oe 1/2340 i ot/boo 07/899 jmo
        1,924 words
      • 174 47 Feb 11 Japan: National Foundation Day. Feb 19 United States: Presidents Day. Fab 23 Brinei: National Day. Marl South Korea: Independence Movement Day. Mart Brunei: Hari Raya Haji. Indonesia: Idul Adha A.H. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Mar 17 Ireland: St. Patrick Day. United Kingdom:
        174 words
      • 747 47 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 averagesued stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        747 words
      • 533 47 m Max 987.5 0J 15.9 0.06 65 0.03 frnstty Water *nt4m Art AHMddw U*m»A No above £25 0 0 1 0 0 0 %M/M" 380 *»e 984.9 0J 13.1 0.06 25 0.01 it/wi 380 "M 990.4 0.7 16.1 0.09 54 0.04 KWIT3 m/m M/M Em —No
        533 words
    • AIR & LAND transport
      • 403 48 Offer is nearly double AMR Corp's US£L5b for airline np for bankruptcy auction next month Bloomberg [SCOTTSDALE, Arizona], AMR Corp's US$3.5 billion (556.05 billion) offer for Trans World Airlines Inc will face a competing bid that is nearly double its size in
        Bloomberg; REUTERS FILE PHOTO  -  403 words
      • 505 48 Bloomberg [WASHINGTON] Proposed US airline mergers will harm competition, increase airport delays and reduce customer service, Continental Airlines Inc chairman Gordon Bethune told a Senate committee. "The proposed megamergers are bad for consumers, bad for communities and
        Bloomberg  -  505 words
      • 239 48 Reuters [BRUSSELS] Belgian national airline Sabena cancelled more than half its flights on Wednesday after some of its pilots went on strike after talks overnight broke down about a iragor restructuring for the loss-making carrier. Sabena had cancelled 23 out of 39 scheduled flights with
        Reuters; AP  -  239 words
      • 441 48 European jetmAker wants Mitsui 4 Co to break Boeing's grip on JAL orders Bloomberg [TOKYOJ Airbus Industrie said it enlisted Japan's biggest trading company to help break rival Boeing Co's lock on sales to the country's biggest carrier, Japan Airlines Co. Mitsui
        Bloomberg  -  441 words
      • 452 48 Bloomberg [ATLANTA] Delta Air Lines Inc's pilots union prepared strike facilities and funding as contract talks with the third-largest US airline move toward a possible April 1 strike deadline. Delta's Air Line Pilots Association said it has set up a strike centre in
        Bloomberg  -  452 words
      • 1914 48 OTY RJBMT TO WW C1» MM umzn 2230 LH6300 22)0 SO229 2230 Attarfca KL0043 0530 KL0030 2335 soa 0M0 ***** 2340 ■j, W3t J if JSS 203 K4285 MM?ISariZ*M> IM21 mo l/^"~BOO a-=gag T&403I, 165 AN0202 9850 $043 IS' ***** «S cms BOS SOW hob *•40?
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  • Page 36 Advertisements
    • 1027 36 SSX-SUPCT SHUTTLE EXPHBS OHECT TO COHB WOCH CtWIL. MWCH 1 Vtga fl** l mmohmm —W okmq mwwm ■BKtiorr |If vßsa Iwi |HB|iTj»Sn«i acuoka saw who ammo —ovoohu j«ma<ml ooa NfTMERIANOS 2W07 14/02 14/ M M/H M/M M/H 07/H 10/03 14/H OWMMMM till 11/H B/M M/M 27/ M S/N D/U n/u
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    • 83 36 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS HgngJSflM All ChlM Port* IEVERY THUW «UH Vg»MLI WM VOY tTDSIN ETATYO ETA KOI ETA YOK ETA NGO ETAOSA ALUGATOR UNITY U***** II FEB UFEB 20 FEB
      83 words
    • 654 36 Lines services represented by Members of the Registry of Mambers of the Accredited Shipping Agents, 'jmmf Sin 9 Q P or Log»*»»c* Ng»»^3 y Singapore Shipping Association Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMPIER/FREMANTLE MV "TBM" ETA SIN 16/02/2001 BOOKINGS CALL MONKA/JUUA TEL 323 4374
      654 words

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    • 1293 37 TO EUROPE FROM EU ROPE IVKSB VOT 1 SM KTM ANR HAM »RV SOU FIT lEH IvKSa VOT I RTM ANR HAM WV SOU FXT LBI SM HY FEDERAL 329W 12/02 01/03 03/03 06/03 28/02 HYMGMCSS J2BE 22/01 21/01 24/01 17/0110/02 API GERMANY 031W 15/02 10/03 07/03 00/03 05/03 TYNE
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    • 2034 37 tm: YANTAI EVERY FRIDAY I aX (T/T: t DAYS) I I J§? YAJfTIAN EVERY TUESDAY I t FRIDAY (T/T t 4 DAYS) J johore offki: I I COSTAR SNIPPING PTI LTD *12-00 SALES/BKGS t *****57/43 INWARD DOT (D/O) I *****0* COSTAR AGENCIES (M) SDN BND |CK NO: **********0 M SINGAPORE
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    • 1430 38 SENATOR LINES TO UK/CONTINENT TO MEDiTERRANEAMVS EAST CXlAfirr ALL WATER SIH I IfH I HTM I AMH HAM IgRV I FU~| VCtta |vDY |"«M QIT «ft F0» <IC |WC U S 24 25 C 27 6 1613 1,13 PAIERMO SENATOR MCW R E BB TIM tin O H 14 O
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    • 843 38 ■HaMAC-NELS S'PORE M'SIA L k Canton MN COUTH LINES, MC P. GUOANG: (07) *****36 1 X J CMMOi IMW7WOBOB 90U: (084)31*179 MANILA (632) *****24 PENANG: (04) *****36 BANGKOK: (862) 2384*57 SURABAYA: (31) *****11 P KELANG: (03) *****77 JKT (21) *****45 KUCHWO (082) *****1-3 PORT KLANG PASIR GUPANC MV "MED TAICHUNG"
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    • 674 38 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N. SHEVA (CFS MULUND. MUMBAI) COCHIN COLOMBO ALSO ACCEFTM6 TO ALL NORTHBM AND WESTBM 1.C.0. POWTS Vessel S PORE N SHEVA COCHIN COLOMBO P.KLANG FRONTIER V.165W 11 FEB 21 FEB 23 FEB 25 FES 02 MAR PU GLORY VIB6W 18 FEB 27 FB
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  • Page 39 Advertisements
    • 1377 39 I VESSEL VOY KHH HKO I SIN I PKL PX» »A» DMM SHC IRAN TABATABAEI PCL-193 06/02 07/02 13/02 15/02 24/02 25/02 27/02 01/03 IRAN KERMAN PCI-194 13/02 14/02 17/02 IS/02 25/02 26/02 2S/02 02/03 IRAN I SEAMAN PCL-195 20/02 21/02 24/02 25/02 04/03 05/03 07/03 09/03 IRAN HORMOZGAN PCL-196
      1,377 words
    • 298 39 I™" "1 BLUE LADY RDM/ATW/BM N/U K OCEAN ISLAND RDM/ATW/BMN/UK Loading tor PIONEER SUN DBVABU/DOH/BRN/DMMA<WT LOKKRANTI JOH/AQA/ADN ARETE JOVACWDMT "Loads Singapore, EVW MatayM, Indonwim I Loading tor GRANT MAnXCn NCX/SAV/CAM/TMP TAICANG HAI VCB/VCW/LAX/MZL I ARCHIMEDES NOL/TPGACAMUAX Xoadß Indon—f I I Spore Loadftg tor KiANI SATU INC/BSN toads EMdayaia. Inelon—■ I
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    • 1171 39 jUWOtT I ■www IWW I Ml I ta Iml MP Ima 1 mi\ fli YR« Ivor I m I HAM I R.I I I I jj||j| jjjj |jj j|j jljjjj jjiiji I ills I piigwasisai oisw [ii/w!oe/eS 15a/e*lw/n|7>/iiln/iilii/ii liumssas 1 oosi 1 24/oi |24/07 oi/os' i»/03 jtCTimtflCTPHtnanw mnimi ■nvfni EXPORT
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    • 1011 40 MED<TERRAWEAN/ftiACK SEA/fUROPE SERVICES 1 EXPORT vessel/voyage ay 100 Ivknlcms Imu [run Iwv'jnr m IJURSHA 0081-QUA 11/02 23/02j2V02 27/P2 29/02 28/02 02/03 04/03 05/03 BITUMOCBfIWI 11/02 OZIaO4/03 04/03 «/03 07/03 09/03 11/03 12/03 BffUPSBOOPttWN 25/02 09/Hfiyro 13/03 IVO3 14/03 14/03 Wfl 19/03 BIJUWTH)OCB444SW 04/03 IVTq 18/03 2IVTO 22/03 21/03 23/03 25/03
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    • 750 40 I*MOKOK/mi» TA PHUT/LAEM CHJUUMO JAKAMTA/PAMJ AMQ -ffisa m m vpsa vot sm m rm -flMnuMi m—imz i</w 13/02 rayKamr mi n/o? ■mm- 2zjb —1L52 m ii®2_ mgm m o]K__!£W m z ML- "ff* 1 -^S—-u^H— mum L!H__UA2 I//W 14/02 flg— VW m il42_Z s—lf» —Ml—-—ML KLv tST —ftg—M—;— mtss ss
      750 words
    • 65 40 LINER SHIPPING PTE LTD .A 10 ANSON ROAD. #17-01 INTERNATIONAL PLAZA. SINGAPORE 0207 TEL: *****33(20 LINES) TELEX: RS ***** LSSHIP Vl RAX: *****13 BAJVDAJi ABBAS BA.HMtA.IN JEDDAH KUWAIT mw Bridge to The M Hdle Eastern ETA SIN MIDDLE EAST TORTS da MMAM. KUWUT, BAHRAIN, DOIM. Vfftt 11/*****1 Kim SIUIWI HUM,
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    • 579 40 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL CONTAINER SERVICE ww m 9j m J* _std_ m_ m_ m_ mum ms 12/0113/02 w/w 2s/r v/wi m/o khwm Hb" if/w»/w m/h H/ni~^ T" ww oss H/nv/n «/w ii/M 1" ramiaum m it/w w/m wnn/M FEEDER SERVICE TO INDONESIA f 351 wr aiwoi
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    • 391 41 BSA a. MM MYANMA «BBk FIVE STAR LINE (Myonmor National Li«e) W Loading for Yaagoa VESSEL VOT SIN PKL PEN PGU PAGAN MOW SU> lAGO 118W 14/02 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL: TIL 03-3176*101 PtN: TH 04-2****** PGU: TH 07-*****21/4 BANK LINE (A stfvit» of Wtk
      391 words
    • 1180 41 HAfAF'' HYUNDAI MERCHANT MARINE CO., LTD. ivesa voY ['81 sou iw mm ant ham wn [vßsa lwr sou Ilm I rbb I ant 1 imm Imv m LA LOBS 539W 09/02 02/03 09/03 25/02 27/02 HYMGHNESS 3281 23/81 17/81 28/81 18/81 10/82 HYRKRAL 329W 12/82 06/03 28/02 81/83 88/83 TYNE
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    • 92 44 WN* SINGAPORE PTE LTD J 15 McCaJlum Street fO3-OM)2 Natwest Centre Singapore *****5 V J F«l (********** Email general#ecusin ecuHne net WESTOCEAM LINE INDONESIAN PORTS Weekly Service Banjarmasin/Jambi/Palembang/ Unapproved IRAQ shipments Panjang/Pontianak/Perawan/Pekan Bam Call: 220 3373 SeePgl2 SIN HUP SENG HUAT RCL's Steaming into China Frontiers, Pearl River Delta Ports
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    • 1068 45 SSAMUDERA SHIPPING LINE LTD 72 Anson Rood, #06-01 to 03, Singoporo *****1 MAIN UNE/OUTWARD: 532 36U INWARD (DID): 437 2360 IMPORT STATUS (DID): 437 2370 INVENTORY (DC): 437 2420 Wobsit* http://www.samodora.coni CR NO. **********0N BOOKINGS UNE: 535 6266 (Celio/Jessico/Mei Chan/Jostynn/Dora/Yvonne/Hanim) 7 SLGS/WEEKLY [SSSSEMBM 3 SLGS/WEEKLY wssa I VOY I SM
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    • 49 45 REGULAR SINGAPORE/VIETNAM SERVICE VESSELS VOY HA ETD DESTINATION DUYENHAI 1/2001 MPT 09/07 HGK/HAIPHONG AN GIANG 2 1/2001 09/02 10/02 VUNGTAU/PTSC TAICHINH 1 1/2001 12/02 14/02 VUNGTAU/HCMC THANH DA IA/2001 14/02 IS/02 VUNGTAU/HCMC agents:- IMKOV SHIPPING CO PTE LTD 39 DUXTON HRI SINGAPORE *****7 TEL: *****73 FAX: *****85 Ol IH7MH—
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    • 593 45 N658 eng lee shipping co pte ud I M: *****22 (10 Ums) hi: SWUt/SIMfM T ii>»wo>o>c I VtSSft VOY SIN FT* SIN ETD DESTINATION Dm Dm 07/01 12/02 12/02 Oumi/P Bom/Buotai GondoH 04/01 12/02 14/02 Jakmo Uw Star 22 03/01 14/02 15/02 Suafaoya Unw Sib 12 02/01 14/02 14/02 Jcicnc
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      546 words
    • 1030 46 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 iSflr Tel: *****11 Fax: *****77 E-mail: flesin6singnet.com.sg WEBSITE: www.fretghHlnks.net NEW DELHI MV. FRONTIER VIOSW VALPARAISO MV. Pto NEDUOYD SAO PAULO VSOIOE HA SIN: 11 /02/2001 ETA SIN: 11 /02/2001 CHITTAGON6 MV. KOTANAGA VNGAI77 PENANG
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    • 715 46 TOIUNOn CHINA N EUROPE SERVICE VESSa. VOY HKG XGG TAO SHA HANJN NEWYORK RSSE 1 RTFS UFH —1575 SSTEE 55TE6 TVfIETEStt WE I 17 FEB 21 FEB Si FE6 27TEE 01 MAft HANJMKEELUNG 0786 24 FEB 28 FEB 04 MAR 06 MAR 06 MAR TRADE FREDA 001E I 03 MAR
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    • 85 46 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYA VICTORY IN PT 0602 JAKARTATONTIANAK TBN 07/02 1002 RALB«AN(VP»mANWOPANGKAL BALAM WODO INDONESIAN PORTS REGULAR SERVICE-EX YANGQN CHAHAYA STAR INPT 08AJ2 VtSAK/CALCUTTWANGON JUBILEE 07/02 ICVO2 VISAK/CALCUTTA W> aim Knpt TnuMfmiil Ctrfo Itm Sport to Ym§m A Catartti. PAMjggQHi' tmPPIWQ PTE LTD I to
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  • Page 47 Miscellaneous
    • 138 47 j 2'Jy jMkf jK^ legend: Issued by Me te orolo g i c a I Service^S^^poTe Thunderstorm Rain Temperature C~/^ Wjnd direction anc j S pe e d In knots Weather w Cloudy Day C^ 3 *jazy Sea Conditions Wind speed symbols I S) <1 2m O Full circle w/o
      138 words