The Business Times, 16 February 2001

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1 50 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P.) 028/12/2000 SIN GAPORE Internet: http://hiisiness-times.asial .com.sg/ FRIDAY, FEBRUARY 16, 2001 850
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  • 75 1 □m umjss (+9.45) □M ***** (-0.38) ST INDEX FUTURES U7BJO (4-8.00) PI SMSCI FUTURES U 2SLBO (+0.10) STO& MARKET INDICES TTinrsday Change KL8EC0MP 711 33 431 NIKKEI 228 1*87M +4338 HANG SENG 16,***** -104.06 SET INDEX 118.15 -0.10 JAKARTA Cffl*P_4«L22 +17.I1 MANILA OOMP _1,68&0& +411 TAIPEI WPI 6,*****
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  • 74 1 FOREX RATES us$ s$ US$ (S$ per US$) 1.746 £(US$/S$per£) 1.467 2.541 EURO(USS/S$/E) 0516 1599 DM 11# I33t YEN 1113 66.60 RM 1800 1177 HK$ 7.799—4.468 BAHT 4144 ***** RUPIAH 9,600 &501 PRIME RATES SINGAPORE* U# KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK J.» MANILA 11.08 HONGKONG.... 8M TAIPEI 7.84
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  • 1311 1  -  Distance, the need to build local networks are keeping creme de la creme at home Frorriy Jennifer Lien in Silicon Valley HERE in Silicon Valley, the adopted home of many an Asian engineer, talk of Asia rolls easily off people's tongues.
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  • 619 1  -  Analysts say Anssie acquisition could be worth Aslsb-its biggest foray abroad By] David Boey [SINGAPORE] In what could be a prelude to its biggest aci quisition abroad, Singapore Telecommunications confirmed last night that it had expressed interest in taking a stake in Cable
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  • 644 1  -  MAS looking into ftrtiires contract for govt bonds By\ Siow Li Sen [SINGAPORE] The Monetary Authority of Singapore yesterday took further steps to develop a more vibrant secondary bond market by farther opening up the Singapore dollar swap market It is
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    • 97 1 Drama BT Comment NSTB's new focus: Paying proper attention to human capital. Noxt Page Time ripe for trashing of some garbage collectors. Pg 4 Top Stories Chartered to ramp up new Fab 7 into 300 mm wafer foundry. Pg 4 Sing Land bags DBS Bank as tenant for its entire
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    • 14 1 Win $1,000 worth of shopping vouchers find out how in The Business Times tomorrow
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    • 239 1 1 Cecilia Wee, wife of retired Chief Justice Wee Chong Jin, talks about her business v interests in Australia ~/V Exec Lifestyle EL 3 V W 'Mi .-•JP < v JgjE 111 ll "^v :/'V f, Jaime Ee applauds Oscar's best picture nomination of Crouching Ticjcr Exec Lifestyle EL 2
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  • NEXT page
    • 561 2  -  With the change, it will now also develop and deploy manpower for R&D By] Eugene Low [SINGAPORE] The National Science and Technology Board (NSTB) will be re-or-ganised into two research councils as part of a major thrust to nurture talent in scientific and engineering
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    • 703 2  -  Ensure that quality of work is buttressed by quality of life, and top talent will come, says Kenneth James Kenneth James PHILIP Yeo is in his element, talking at machine-gun pace as he describes the National Science Technology Board's new focus. He declares at
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    • 468 2  -  By I Siow Li Sen [SINGAPORE] The World Bank, the largest debt issuer in capital markets, is not more involved in Singapore's debt market because it is not cost-effective, said a senior official. "We have a fiduciary duty vis-a-vis our clients to
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    • 579 2  -  But proper tiering of credit risks most be the next step By] Larry Wee [SINGAPORE] Market players have welcomed the latest in a series of gradual moves aimed at widening participation in the Singapore-dollar bond market and improving its sophistication—in particular, the plan
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    • ON THE grapevine
      • 175 2 THERE are more divorced women around than divorced men, according to the 2000 Census report on marriage and fertility. Women divorcees numbered 38,900, up from 17,700 in 1990 while men divorcees totalled 22,900, versus 10,200 in 1990. One theory, according to an academic,
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      • 72 2 AT yesterday's DBS Bank's Singapore-dollar bond conference, journalists asked the participants for their reaction to the government's latest measures to further liberalise the bond market. Most gave motherhood statements like "these are positive moves" and would only speak their minds on condition that they not be
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  • Page 3 Advertisements
    • 468 3 CATHAY Pacific t u55i60,500,000 US Lease y*Jtt| Equity Arranger and Investor X HEHflE&g^gg^, vr P<2* "-'-*+j\r A «3£S& i r' j jBBf fc 1 < f -W .3 'h>* Hong Kong j^#- J aadSSidtUffi^BSt?t >*4EF *1 liii^ill&te v 4" 1 m» a— s r jmF*,.i •4&P, ?r~ Ti? t llJ
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  • SINGAPORE companies
    • 592 4  -  Analysts say move will put company on a par with Taiwan competitors By. David Boey CHARTERED Semiconductor Manufacturing, the world's third largest maker of made-to-order computer chips, announced yesterday that its sixth plant, now under construction under a massive
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    • 490 4  -  By' Teh Hooi Ling VENTURE capital company kl Ventures yesterday reported a $12.4 million interim net loss for the 12 months ended Dec 31,2000. It made a net profit of $4.23 million in the previous corresponding period. However, the figures are
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    • 394 4  -  ItH continue to diversify revenue streams, offer Net data centre services Byi Andrew Wee NASDAQ-LISTED Pacific Internet Ltd posted a net loss of $8.6 million for its fourth quarter ended December and is working towards a clear path to profitability, its senior
      394 words
    • 893 4  -  iWMH locksiew david boey SINGAPORE'S garbage collection industry, estimated to be worth more than $100 million a year, looks ripe for a shake-out following the award of Ministry of the Environment (ENV) licences for refuse collection in six municipal sectors last week.
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    • 419 6  -  Firm has been granted right to bny 20%ofUSI, thedevt vehicle of the project By i Andrea Tan LISTED construction firm Poh Lian yesterday declined to comment on its planned 20 per cent stake in the mega US$l.5 billion (552.6 billion) Riau water
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    • 325 6  -  By\ Serena Ng LISTED Sime Singapore, whose parent Sime Darby made a general offer last November to take the firm private, yesterday posted a 38 per cent jump in interim net profit to $28.8 million. The distributor of BMW and Ford cars said turnover
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    • 185 6  -  By Janice Lee SINGAPORE Computer Systems (SCS) yesterday launched a subsidiary that develops technologies to help businesses go electronic. The offshoot, Mach3o, has been spun off to give it more autonomy to react quickly in a fast-evolving market, said Stephen
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    • 302 6  -  By Rachel Ong MAINBOARD-LISTED Popular Holdings is taking a 51 per cent strategic stake in Vivamusic.com (Viva) for $500,000. At the same time it announced yesterday that it had signed a memorandum of understanding with eNet Digital Pacific Ltd (eNet) to acquire
      302 words
    • 141 6 THE Securities Investors Association of Singapore (SIAS) has tied up with newlyformed corporate finance boutique, e2-Capital, to offer shares in initial public offerings that the latter manages to its members. SIAS said yesterday that the first such offering could come as quickly
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    • 454 6  -  GOO also resigns; founder Derek Goh reshuffles top positions, issues profit warning By] David Boey DEREK Goh, founder and executive chairman of mainboard-listed IT solutions provider Serial System, has reshuffled the top positions in the company after two key executives left on Wednesday.
      ARTHURLEE  -  454 words
    • 267 6  -  Offer price is 2L2 times estimated EPS for FY2OOO By Liew Hanging TECH company Integra2ooo Ltd yesterday launched its initial public offering (IPO) of 46 million new shares at 21 cents apiece. Of the 46 million new shares, 4.6 million
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    • 207 6  -  By, Janice Lee COMPONENTS maker LANKom Electronics yesterday launched an initial public offer of 35.5 million shares at 42.5 cents apiece for listing on the main board of the Singapore Exchange. The shares are in two tranches: 34 million shares for placement and 1.5
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    • COMPANYBriefs
      • 93 6 OVERSEAS Union Securities (OUS), the closed-end fluid of Overseas Union Bank, said net profit for 2000 fell to $1.81 million from $2.65 million a year ago. Profit before tax for the year was $2.4 million, 23.2 per cent lower than that of the previous year,
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      • 119 6 EASTERN Asia Technology will issue 8 million new shares to Credit Suisse First Boston at a subscription price of 125 per cent of the average closing price of East Asia Tech shares during the 30 business days preceding the signing of the agreement,
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    • 735 4 Sime Singapore Limited I Interim Results For The Half Year Ended 31 December 2000 The Directors are pleased to announce the following r 1 Unaudited results of the Group and of the Company for the half-year ended 31 December 2000 GROUP COMPANY 2QQQ 1999 ±L 2000 1999 ±L I S$
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    • 132 5 It's time to wake up to a new feeling. It's time to do more of those things you always wanted. It's time to discover something new. It's time to think outside the box. It's time to take that leap of faith. It's time to see life from a fresh perspective.
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    • 518 6 WORLD SHIPHOLDING LTD. (Incorporated in the Republic of Liberia) UNCONDITIONAL CASH OFFERS FOR OSPREY MARITIME LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF DESPATCH OF NOTICE TO NON-ASSENTING SHAREHOLDERS UNCONDITIONAL CASH OFFERS (THE "OFFERS") BYTHE DEVELOPMENT BANK OF SINGAPORE LTD ("DBS BANK"), FOR AND ON BEHALF OF WORLD SHIPHOLDING
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    • 124 7 I It's time Jfir mr— :<y*v fit mBKL 3Br When you've reached a certain stage in life, Volkswagen's modern spirit of visionary thinking, dynamic design and unprecedented driving pleasure offer an altogether fresh perspective on moving forward. It's time you consider a Volkswagen. Open House Visit our showrooms on 16
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  • SINGAPORE markets
    • 582 8  -  -l ri comment YOUR MONEY r. sivanithy AFTER an overnight rally on Nasdaq, technology stocks took centre-stage in the local market yesterday, supported by an explosion of interest in contract manufacturers Venture and Omni on renewed rumours the two are about to merge via
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    • 422 8 Stocks Votoma Vickers Capital 25c 25,971,000 PacificCentuiylOc 24,687,000 BenefunHKIOc 19,561,000 Omni Ind 10c 18,494,000 Hyflux5c 16,656,000 PCI 25c 15,214,000 TPA10C 12,386,000 GES In# Ltd 20c 11,947,000 Chart Semiconductor 26c 9,627,000 SingTel 15c 8,038,000 Stoda DBSGrp 81,876,480 Chart Semiconductor 26c 57,156,900 Omni bid 10c 56,949,310 OCBC... 40,149,834 VentureMlg25c 27,502,368 PacificCenturylOc 27,222,310
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    • 186 8  -  WARRANT WATCH By R Sivanithy THE mega-flop of the Malaysian market's latest initial public offering (IPO), Time dot Com, has put pressure on the shares of parent Time Engineering. Time dolCom was undersubscribed by a massive 75 per cent, leaving its underwriters
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    • 222 8  -  HOT STOCK By Ven Sreenivasan THE stock of bus operator DelGro was the fourth-biggest gainer on the local bourse yesterday as it surged 30 cents or 6 per cent to $5.30. However, the rise was on relatively light volume of 121,000 shares. The counter
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    • 130 8 EPCO International Ltd announced the appointment of Mohamed Shafeii Bin Abdul Gafoor as (he executive director of the company with effect from Feb 2,2001. He has also resigned as an alternate director to Mohd Desa Pachi, chairman of the company. Ipco also announced the appointment of Chwee Han
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    • 344 8  -  -li comment CURRENCIES larry wee IT was pretty much a case of the Japanese yen calling the shots in currency markets yesterday, with players reporting more anecdotal evidence of Japanese investors cashing in their overseas chips to shore up yen balance sheets for the
      Source: Reuters  -  344 words
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    • 233 8 integra2ooo Ltd (Incorporated on 21 October 1999 in the Republic of Singapore) INVITATION IN RESPECT OF 46,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(A) 4,600,000 OFFER SHARES AT $0.21 FOR EACH OFFER SHARE BY WAY OF PUBUC OFFER; (B) 41,400,000 PLACEMENT SHARES BY WAY OF PLACEMENT COMPRISING:(I) A MINIMUM OF 40,400,000
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  • VENTURE funds
    • 1372 9  -  Silicon Valley-based venture capital firm Sequoia Capital sees no reason to invest in start-ups outside the Valley. Its founder tells jemmifer libit why JENNIFER LIEN [SILICON VALLEY] VENTURE capital firms are a dime a dozen here in Silicon Valley, but the most sought after firms belong
      JENNIFER LIEN  -  1,372 words
    • 1298 9  -  Draper Fisher Jnrvetson is the first top-tier Silicon Valley venture firm with a global footprint From« Jennifer Lien in Silicon Valley [SILICON VALLEY] The question was inevitable. After all, the departure of David Williams as the first chief of Draper Fisher Jurvetson's
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  • SINGAPORE news
    • 293 10 SINGAPORE needs to re-in-vent its economy, industries and corporations as quickly as possible, Minister of State (Communications and Information Technology) Lim Swee Say told a human resources management (HRM) conference yesterday. "This is the only way for us to sustain our competitiveness in
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    • 495 10  -  Average rental for 4-year lease is abont $7-50 psf a month, sources say By] Kalpana Rashiwala SINGAPORE Land is understood to have bagged a deal to lease its entire space at Unity Tower 2 at Shenton Way to DBS Bank.
      FILE PHOTO  -  495 words
    • 215 10  -  It will support biomed research, train researchers Reports by] Eugene Low IMPROVING human health that's the grand aim of the Biomedical Research Council (BMRC), one of two councils making up the newly re-or-ganised National Science and Technology Board (NSTB). To achieve its objective, the
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    • 177 10 WHILE the Biomedical Research Council (BMRC) will focus on developing Singapore's human life sciences sector, the Science and Engineering Research Council (SERC) will concentrate its efforts on promoting public sector research and development in the fields vital to the local
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    • 261 10 SINGAPORE-BASED total healthcare solutions provider, Health One Pte Ltd, yesterday launched Meet Doc.com, a web-enabled clinical management system that connects users to healthcare providers. A first for the region, Health One, which has invested about $4 million in the project, aims to break even in
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    • 250 11  -  l=W=l on the economy sales By, Andrea Tan DECEMBER retail sales jumped 19.3 per cent year on year, powered by a 46.7 per cent rise in motor vehicle sales. December's increase meant retail sales for the whole of last year were 21.6 per cent higher
      Source: DOS  -  250 words
    • 356 11  -  10 years on, marriage, birth remain worrying By, Anna Teo TEN years on,' the oft-cited "worries" about Singaporeans' marriage and birth trends too many single women, too few babies, etc still haven't disappeared. Instead, adding to these not-so-desired findings, the 2000 Census has unearthed the
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    • 202 11 A COLLECTIVE sale site comprising two detached houses and a four-storey, walk-up apartment in the East Coast area has been put up for sale by tender. Marketing agent Chesterton International says the indicative value for the Ceylon Road site, which
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    • 558 11  -  Arthur Andersen expects govt to boost business in short term, refine EE efforts in longer ran By" Chuang Peck Ming THE coming budget is likely to have the immediate aim of tackling the slowdown in the economy and a lon-ger-term goal of fine-tuning efforts
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    • 477 11  -  It's targeting 35% growth pa in assets nnder management in By\ Serena Ng DUTCH bank ABN Amro is aiming to hit at least $3 billion in assets under management here by the end of next year, from around $1.7 billion currently as
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    • 240 11  -  Frorni Shoeb Kagda in Jakarta SENIOR Minister Lee Kuan Yew arrived in Jakarta yesterday to attend a meeting of the International Advisory Panel (lAP) set up by Indonesian President Abdurrahman Wahid last year to help the country rebuild its economy. During
      ST/LUIS ASCUI  -  240 words
    • 450 11  -  MAiLirm Narayana Narayana FINANCIAL commentators appear to have bypassed the innocuous-looking advertisement of F&N's forthcoming EGM (BT, Jan 30) to be held on Feb 22. Shareholders who received a circular a day or two later setting out the rationale have probably withheld comment as it would
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    • 16 10 TRAVEL GUIDE The Straits Times Classified. [oCtl| Classifications 573 587. Buy h. Sell h. Fmd k.
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    • 5 11 W collection s finally complete.
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    • 146 11 We ¥vetoome letters. E-maß us at btletterQ sph.com.sgortsx us at *****71, or write to: The Business Tims*, Times House, 390 Kim Seng Road, Singapore*****s. We need your fun name, address and telephone number, so we can verity it came from you. Piease use temperate language, K AAr jM JUlifuV IlKjfcif
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  • EDITORIAL & opinion
    • 836 12  -  bottom line OPINION loh hui yin The writer is a BT correspondent in Hongkong THE feng shut of the Tsang family must be at an ail-time high this year. Younger brother Yam Pui has been appointed police commissioner or "No 1", as the
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    • 67 12 'If he didn't give in and the opposition continued to harass him, it would have had a very unsettling effect on politics and economics. But once you show you are weak and can be pushed around, the opposition may not let you go cheaply.' Parris Chang a
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    • 654 12 EDITORIAL WITH the Australian economy slowing, the last thing that Prime Minister John Howard needs is the dramatic return of Pauline Hanson, the racebaiting politician. But not only did her One Nation Party win nearly 10 per cent of the vote in the Western Australia state election,
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    • 1100 12  -  Sophia Antipolis, France's Silicon Valley, is a big draw for international investors and professionals By Ronnie Lim The writer, BT'sforeign editor, was in France recently IT'S lunch hour at Sophia Antipolis (SA), and jeans-clad technopreneurs and students alike are caught in
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    • 737 12  -  COMMENTARY By] Robert Samuelson Washington Post Writers Group [WASHINGTON] The economic case for a tax cut seems compelling. The US economy is unwinding from an unstable boom. "Animal spirits" the immortal phrase of economist John Maynard Keynes took hold. Consumers overborrowed or, dazzled by rising
      Washington Post Writers Group  -  737 words

  • MALAYSIA news
    • 439 13  -  M'sian associate making payont from RMl.25b sale of banking business From Diana Oon Abdullah in Kuala Lumpur SINGAPORE'S OCBC Bank stands to gain close to RMIBS million (SsBs million) from the cash payout by its 28 per cent owned listed associate Pacific Mas Berhad.
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    • 568 13 Malaysian carrier seen nnlikely to return to the black nntil 2003 Reuters MALAYSIAN Airline System (MAS) is unlikely to shrug off its financial woes quickly despite two new faces who have been named to head the lossmaking flag carrier, analysts said
      Reuters; FILE PHOTO  -  568 words
    • 207 13 KUALALUMPUR Bloomberg 101 Corp, Malaysia's third largest publicly traded oil palm plantation owner, said second quarter profit fell 19 per cent and warned earnings for the full year will continue to be hurt by lower palm oil prices. Profit fell to RM61.6 million
      Bloomberg  -  207 words
    • 445 13 KUALA LUMPUR It accuses PM of ignoring demands to broaden agenda of unity parleys AP AFP MALAYSIA'S main opposition party yesterday threatened to abort planned talks with Prime Minister Mahathir Mohamad aimed at healing a political rift among the country's predominant ethnic
      AP; AFP  -  445 words
    • 463 13 KUALA LUMPUR But tycoon may get his wish to delay the second tranche Reuters MALAYSIAN businessman Halim Saad's first payment in a controversial share buyback deal with construction firm United Engineers (M) Bhd drew market cheers yesterday, but worries persist over his
      Reuters; THE STAR  -  463 words
    • 219 13 KUALA LUMPUR Bloomberg RHB Capital Bhd, owner of Malaysia's third-largest lender, said second-quarter profit rose 11 per cent from a year ago as it 9et aside less money for bad loans. Profit rose to RM85.1 million (Ss39 million), or 4.1 sen
      Bloomberg  -  219 words
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  • REGIONAL news
    • 588 14 JAKARTA Plan will shift country closer to ending Telkom's local monopoly and Indosat's in int'l calls Bloomberg PT Telekomunikasi Indonesia and PT Indosat agreed to sell holdings in each other's cell phone and other units, in a US$l.5 billion (552.6 billion) transaction, as
      Bloomberg; REUTERS  -  588 words
    • 330 14 JAKARTA Riz&l says country is now trying to establish democracy AP INDONESIA'S Senior Economics Minister Rizal Ramli yesterday accused the International Monetary Fund (IMF) of pushing too hard for economic reforms that involve tough political decisions. "Yes, we've got that feeling,"
      AP  -  330 words
    • 116 14 JAKARTA Reuters INDONESIA said yesterday it would go ahead with the 3.6 trillion rupiah (***** million) sale of oil palm plantations to Malaysia's Kumpulan Guthrie Bhd. Chief economics minister Rizal Ramli, when asked by reporters if the Guthrie deal would go ahead following
      Reuters  -  116 words
    • 310 14 CANBERRA AP WITH her political career resurrected, right-wing leader Pauline Hanson yesterday launched into a trademark attack on one of Australia's most powerful Asian neighbours. Ms Hanson said Australia should scrap foreign aid to Indonesia because protesters there burned the Australian flag last
      AP  -  310 words
    • 484 17 MANILA Reuters AFP DEPOSED Philippine leader Joseph Estrada remains president as he never officially resigned, his top lawyer told the Supreme Court yesterday. "There was no resignation letter," leading counsel Rene Saguisag said. Mr Estrada, who was ousted in a "people
      Reuters; AFP  -  484 words
    • 387 17 BANGKOK Finance minister designated top priority is restoring confidence AFP THAILAND faces an even bigger crisis than the 1997 meltdown if it fails to implement extensive reforms, Somkid Jatusripitak said in an interview yesterday as he prepared to be appointed finance minister. Mr
      AFP  -  387 words
    • 680 17  -  Tsang made chief secretary, Leung succeeds him as financial secretary From Andrey Tan in Hongkong ITS official finally. Hongkong's Chief Executive Tung Chee-hwa yesterday made the widely-expected but mubh-delayed announcement that he will promote Financial Secretary Donald Tsang to the post of chid"
      AFP  -  680 words
    • 233 17 JAKARTA Bloomberg PT BANK Mandiri, Indonesia's largest lender, booked a profit of 900 billion rupiah (Ssl64 million) in the fourth quarter of 2000, nearly half its fall-year net income of 2 trillion rupiah. Bank Mandiri was formed in July 1999 by merging
      Bloomberg  -  233 words
    • 403 17  -  It tittup with Brilliance Shenyang to apply for it Reports by Christopher Tan [SINGAPORE] BMW has joined forces with Brilliance Shenyang to apply for a car manufacturing licence in China a move that could boost its Chinese sales tenfold or more. In the
      403 words
    • 452 17 It sold 58,250 cars in Asia last year up 16% from 1999 [SINGAPORE] BMW is confident of sustaining solid growth in Asian sales this year despite the region's generally lacklustre outlook. Senior vice-president (sales) Luder Paysen said: "We're very bullish about
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    • 225 18 BANGKOK Bloomberg THAI Petrochemical Industry, Thailand's largest loan defaulter, will pass to the control of its creditors after the Bankruptcy Court approved a debt restructuring plan, ending years of delay. The court ruled that Effective Planners Ltd, a financial restructuring company appointed by the creditors,
      Bloomberg  -  225 words
    • 149 18 NEW YORK Reuters THE Massachusetts Institute of Technology and the government of India plan to develop a Media Lab in Asia that could cost up to US$l billion (551.74 billion) over 10 years, the Wall Street Journal said in its
      Reuters  -  149 words
    • 412 18 BEIJING Officials say latest tax fraud could eclipse 63b yuan smuggling scam FT CHINA has launched a nationwide crackdown on a tax fraud that may rank as the country's biggest corruption scandal since the communist revolution In 1949. Government officials, speaking on condition
      FT  -  412 words
    • 260 18 NEW DELHI Govt has Mt Feb 23 deadline for submission of bids Reuters THE UK-based billionaire Hlnduja brothers will bid for a 40 per cent stake In Air India and are negotiating with a few airlines to include one in a
      Reuters  -  260 words
    • 460 18 NEW DELHI Cost of rebuilding Gujarat won't hurt strong outlook; forex reserves rising Reuters INDIA'S central bank governor said yesterday the country's economic prospects were excellent and the cost of rebuilding the earthquake devastated state of Gujarat would not hurt the strong outlook. Bimal
      Reuters  -  460 words
    • 346 18 BANGALORE IBM says new lab, its 4th in India, will hire 600 itaff initially; Wipro's win haw ipace for 3,000 engineers Reuters US COMPUTER giant IBM Corp and Wipro Ltd, India's largest company by market value, are separately setting up new software
      Reuters  -  346 words
    • 62 18 [DHAKA] A Bangladeshi opposition activist hurling back a tear-gas shell fired by police in a Dhaka street during a nationwide day-long strike yesterday. The four-party alliance led by the main opposition Bangladesh Nationalist Party offormer prime minister Begum Khaleda Zia led the strike, which was sparked
      REUTERS  -  62 words
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    • 46 14 www.cspb.com Think global, win local. ,v'fS t < t "***•«> v i* For the second consecutive year, Credit Suisse Private Banking AC awards NT has just been named Best Private Bank by Finance Asia. A J J Finance Asia 2000 iuissl banking It's good to have an expert.
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  • e-NEWS
    • 54 15 [KUALA LUMPUR] Over I,ooocomputers being installed by technicians for an Information and Communications Technology programme in Kuala Lumpur. The programme, to be opened tomorrow by Prime Minister Mahathir Mohamad, seeks to make its way into Malaysia's Book of Records for the number of computers used for training
      AP  -  54 words
    • 546 15 SAN FRANCISCO Stinging critique aside, Vinod Khosla is upbeat abont FTs long-term outlook Reuters SILICON Valley's most celebrated venture investor Vinod Khosla delivered a stinging critique of his industry on Wednesday and warned that the pressure of the market downturn has
      Reuters  -  546 words
    • 338 15 HSINCHU, Taiwan Company to review all jobs, but so additional cots decided Bloomberg ACER Inc sacked 500 workers, 7 per cent of its domestic workforce, as Taiwan's biggest computer maker cuts costs on slowing demand. All the fired workers are Southeast Asians
      Bloomberg  -  338 words
    • 592 16 WELLINGTON Aussie expansion, falling local sales cited; will be harder to mount Optus bid Bloomberg TELECOM Corp's second-quarter profit fell 29 per cent, and analysts said the earnings which were below expectations would make it harder for the nation's
      Bloomberg  -  592 words
    • 332 16 SAN FRANCISCO Sanders's tenure as chairman extended to 2003 Reuters ADVANCED Micro Devices Inc (AMD), principal competitor to Intel Corp in the market for microprocessors, announced on Wednesday that W J "Jerry" Sanders, the company's flamboyant chairman and chief executive officer,
      Reuters  -  332 words
    • 515 16 SEATTLE Bellnzzo, who'll also be COO, is seen as a turnaround manager Reuters RICK Belluzzo, who on Wednesday was promoted to president and chief operating officer of Microsoft Corp, is a tech industry veteran who made his mark at the software giant
      Reuters  -  515 words
    • 248 16 ToshibaEMI to sell music over the Internet from today TOKYO AFP TOSHIBA-EMI Ltd will start selling music over the Internet, days after a US court ruling that could eventually shut down the free music-swap-ping website Napster, the company said yesterday. Separately Warner Music Japan Inc said it will also distribute
      AFP  -  248 words
    • 609 16 FRANKFURT Share price fall threatens its Voice Stream deal Reuters DEUTSCHE Telekom AG's chief executive Ron Sommer is under mounting pressure to resign as the group's share plunge tikMgtened to jeopartake over US eellpboosEiroup Voice tream. The company dismissed on Wednesday as "without foundation"
      Reuters; AFP  -  609 words
    • 464 16 BRUSSELS It will be used as yardstick to write national laws in 15 states NYT THE European Parliament gave the music industry everything it wanted in a vote on copyright law on Wednesday, approving a new directive that the 15 members of the
      NYT  -  464 words
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    • 242 15 \/wQM Jr -jr lIV I^HSiB mm E si JM U y\ Business Broadband Internet Access-From $399 per month Free Siemens M 35 Mobile Phone!!! If you up for a Davnet promotional corporate line- connection*". DAVNET is the world's first global Internet Protocol-based telecommunications carrier. Davnet of the leading FBO telecom
      242 words

  • Page 16 Advertisements
    • 81 16 Icivi r Tig Ak IB3EEEEI CERT NO 97****** SS BO 9000 :lfM jVfjlP Hitachi Plant 10 Anson Road #12-14 Interoatwoa] Plaza S pore *****3 Tel: 222 0665 Pax: 224 8358 Email: Hwebsite at http^/www.hitacbipUiiLhbi.ne.jp puaxnDHßß m¥@tn Lianhe Zaobao I I I Ichen Jia I I who heads Hejia Software, I
      81 words

  • Page 17 Advertisements
    • 111 17 The Bottom Line: Two new able lieutenants for Tung, Pg 12 3 year old Airlines :|Ho. 4 fIBTSfIKL .jlI Announcing the birth of a new era in air travel. SriLankan Airlines now boasts one of the world's youngest fleets. Comprised solely of Airbus aircraft, each of our A33os and A34os
      111 words

  • Page 18 Advertisements
    • 204 18 EUROPEANLI^II|fc We are especially dedicated to quality both in g 0 technical aspects as well in final appearance, A Simply Significance V a Minerva 205 C jt VMHMr W M M ?<* j HBHH Lmml 4 r j ~Tj Leonardo Marina 433 J~ ~a Bfl j II IHIHf ripeiiamp (IYMViPVIAd
      204 words

  • Page 19 Advertisements
    • 1401 19 Overseas Union Securities Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Securities Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000 CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2000 The Croup The Company 2000 1999 2000
      1,401 words

  • WORLD news
    • 506 20 TOKYO Exercise involves some 400,000 vehicles in Japan, 950,000 in the US Reuters JAPANESE car maker Mitsubishi Motors Corp, its image tarnished by a defect cov-er-up scandal, yesterday announced its second massive recall in less than a year, affecting an estimated 1.35 million cars. Japan's transport
      Reuters; AFP  -  506 words
    • 379 20 TOKYO Corporate failures to rise to wards March book closings and beyond: analysts Reuters TOTAL debt held by Japanese firms that failed last month soared 60.6 per cent year-on-year a postwar record for January compounding concerns for Japan's flagging economy, according to
      Reuters  -  379 words
    • 325 20 SYDNEY It will let go of 300 of its senior managers to cut costs Bloomberg WESTPAC Banking Corp, Australia's third-biggest lender by assets, will let go of about 10 per cent of its senior managers to cut costs as the economy slows. Chief executive David
      Bloomberg  -  325 words
    • 299 20 SYDNEY Bloomberg THE first-half profits of Australia's Lend Lease Corp fell 60 per cent, reflecting the sale of its funds management unit and one-time charges against poorly performing businesses. Sydney-based Lend Lease, the nation's biggest property developer, said profit from operations for the six
      Bloomberg  -  299 words
    • 404 21 WASHINGTON Foreign acquisitions paying rich dividends for US corporates, reports govt study Bloomberg US corporations are selling more than twice as much overseas through their foreign subsidiaries as they are through exports from America, a study by the US government found. Sales
      Bloomberg  -  404 words
    • 523 21 NASHVILLE Reuters THE UNITED States has an oversupply of capital goods that will take an indefinite period to work off before investment picks up again, Federal Reserve vice-chairman Roger Ferguson said on Wednesday. "Over the last few months, data on orders and shipments of
      Reuters  -  523 words
    • 424 21 LATWP [WASHINGTON] The US attorney in New York has opened a criminal investigation to determine if former President Clinton's last-min-ute pardon of fugitive commodities broker Marc Rich was secured with illegal payments, sources in the federal government said Wednesday. The decision
      LATWP; REUTERS FILE PHOTO  -  424 words
    • 145 21 Reuters [NEW YORK] Investment banking firm ÜBS Warburg, fearing it would be drawn into controversies surrounding former president Bill Clinton over his personal conduct in office and a pardon issued on the way out, has cancelled negotiations to hire him for a speech,
      Reuters  -  145 words
    • 478 23  -  Oppenheimer family to raise stake from 2.6% to 46% From Neil Behrmann in London DE BEERS Centenary, the huge diamond company that controls 67 per cent of global rough diamond supplies, intends to delist and go private in a deal valued at
      478 words
    • 43 23 [SEOUL] Visitors walk in the heavy snow across the compound of the Chogye Buddhist Temple in Seoul yesterday. South Korea's Central Meteorological Observation said yesterday's 20cm snowfall was the heaviest in the South Korean capital in 20years. AP
      AP  -  43 words
    • 511 23 ■FRANKFURT It says growth remains robust, inflation risks from oil price hikes linger Reuters THE European Central Bank (ECB) yesterday left its key interest rate unchanged at 4.75 per cent, refusing to join a recent round of easing by the world's other top
      Reuters  -  511 words
    • 308 23 LONDON Reuters Bloomberg AFP US TREASURY Secretary Paul O'Neill was quoted by the Financial Times yesterday as indicating the Bush administration would take a strongly sceptical view of official intervention in global markets. Although he was careful not to rule out US
      Reuters; Bloomberg; AFP  -  308 words
    • 589 23 NEW YORK Opponents of Bush plan include Soros, Buffett, Gates Sr Reuters IN AN apparent paradox in a country where money talks, some of the richest Americans are telling Congress to keep taking a big bite out of their families' inheritances so the poorest will
      Reuters  -  589 words
    • 261 23 Reuters [WASHINGTON] Singapore Trade Minister George Yeo will visit the United States in mid-March for talks aimed at resuming free trade negotiations between the two countries, a Singapore Embassy official said on Wednesday. Balagopal Nair, economics counsellor at
      Reuters  -  261 words
    • Article, Illustration
      43 23 [LAHTI, Finland] Marco Baacke of Germany flies through the air during a training session of the Nordic Combined competition at the Nordic World Ski Championships in Lahti, Finland, yesterday. The final of the Nordic Combined competition is today. AFP
      AFP  -  43 words
    • 312 23 M WASHINGTON Reuters A LANDMARK overhaul of US banking laws has produced surprisingly little change in the nation's financial landscape after a year in force, Federal Reserve governor Laurence Meyer said yesterday. The Gramm-Leach-Bliley Act, passed in late 1999, finally broke down Depression-era barriers
      Reuters  -  312 words
  • Page 20 Advertisements
    • 246 20 projecteyeball. -TTfTr 1 ifilr ■■■■■■■■Hi|f|v I la l i K I rw| LI I JFf*\ I w IWj» irr I HI iu^m I sSUI fm "T Ip_ 1N fW f l&fcL.w I I J (IL Ix I iScS agMjigß|u|£( WHMy,., a I I u >1 '.i IMP I I iyt|o
      246 words

  • Page 21 Advertisements
    • 179 21 THE PROGNOSIS ON OUR HEALTHCARE FU N D: i JIF k >•: i f I <t 0 i°lo° v^ 0 1 The indicators show strong and steady earnings. Do you imagine a body that is bionic free ot illness... able to last beyond a lifetime? These are visions that continue
      179 words

  • Page 22 Advertisements
    • 3904 22 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER Of THE COMPANIES ACT, CAP SO ANO IN THE MATTER OF lOS SOLUTION ASIA PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of V* abovenamed company duly convened and held
      3,904 words
    • 641 22 SG SECURITIES ASIA REGIONAL SERVICES PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OF THE COMPANIES ACT (CAP 90) AT 80 ROBINSON ROAD *21-00 SINGAPORE *****6 ON THE 9TH DAY OF
      641 words


  • FINANCE & commodities
    • 305 24  -  SGZ Derivatives Tmdtagßeport ST Indeg/MSCI S'pore Index Wong Ann Chuen THE Singapore stock market rallied modestly on the back of strong performance in the electronics and semiconductor industry. The benchmark Straits Times Index rose 9.45 points or 0.48 per cent to close at 1,975.55 points
      305 words
    • 289 24  -  MSCI Taiwan lodes Lau Chee Keong TAIWAN'S stock market was sent surging more than 4 per cent by the strength of technology and construction shares yesterday following Nasdaq's rally on Wednesday and the government's plan to open the property market to foreigners for investment purposes.
      289 words
    • 333 24 Reuters TmiHnn THE euro fell to eight-week lows against the US dollar and six-week lows against the yen early yesterday, drawing little strength from the European Central Bank's (ECB) decision to leave interest rates unchanged, as expected. Receding pessimism over the US economy, and talk of end-of-tax-year repatriation
      Reuters  -  333 words
    • Article, Illustration
      1163 24 DITERBAlfE CROSS RATES Feb 15 AS C$ f» (an m Dm m Yw Wow KM HgMh Hto S$ tart Str HT$ 6*t Pmat BSS Australia 0.804 4366 0.574 3.767 1123 4104 ***** 505)0 0.6H 6.561 1999 1.236 ********** 0.918 4146 0560 17.023 ***** 0.361 0.526 Cm* 1244 5.434 0.715 4688
      1,163 words
    • 1831 24 SICOM FUTURES Feb 15 RU88ER (futures ctortu m «t 5 JOpw) RSS1 CONTRACTS cwitsAq) Close Votane OpM Month High law Sett (tennet) Irtfwt Mar 01 105.50 300 450 Apr 01 108.00 800 May 01 110.50 800 Jun 01 112.00 800 RSS 3 CONTRACT 06 cents/kg) Vofeme OpM Month M# Low
      1,831 words
  • Page 24 Advertisements

  • STOCKS east asia
    • 2792 25 HONGKONG AFP n Hang Seng -104.05 HONGKONG share prices fell 0.7 per cent yesterday amid lack of fresh incentives, dealers said. The key Hang Seng Index lost 104.05 points to close at 15,756.37, on a turnover of HK56.66 billion. "Investors are
      AFP  -  2,792 words
    • 2082 25 TOKYO AFP HNikka22s +43.33 TOKYO share prices edged up 0.3 per cent in featureless trading yesterday, led by gains in semiconductor issues following a rebound in their US counterparts, brokers said. The Nikkei 225 Index rose 43.33 points to finish at 13,327.39. "Share
      AFP  -  2,082 words
    • Article, Illustration
      1085 25 Reuters 71 Shenzhen B Index +&07 CHINA'S stocks closed mostly down yesterday after a top market regulator's stern warning against price manipulation sparked renewed concern that the government's crackdown on irregularities was far from over. Zhou Xiaochuan, chairman of the China Securities Regulatory Commission, told a business forum in
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,085 words
    • 381 25 AFP P Winder +216-56 TAIWAN share prices closed 3.7 per cent higher yesterday at this year's high following an overnight rally on Nasdaq and the government's decision to resume work on a nuclear power project, dealers said. The Taiwan Stock Exchange Weighted Price Index soared 216.56 points to 6,104.24,
      AFP  -  381 words
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  • STOCKS klse
    • 412 26 AFP AFX-Asia CI Composite Index jj MALAYSIAN shares closed 0.5 per cent lower yesterday following the fall of the Dow Jones Industrial Average on Wall Street, dealers said. The announcement that Renong chairman Halim Saad is seeking to extend the payment date for
      AFP; AFX-Asia  -  412 words
    • 8814 26 INDUSTRIALS Conswmr products 2001 Last Vol Day Net Cap High Low Company Sala 'OOP Htqft Low P/t $mll 340 300 Ajinomoto 310 30 2 310 310 17.0 125.6 45 30 Angkasa 34.5 unch 7 35 34.5 50.9 342 286 Apollo Food Hlg 330 7J 132.0 356 308 Asia File 342
      8,814 words
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  • SGX clob & regional stocks
    • 2670 27 BONDS A WARRANTS Feb 15 m Ms fW b#r 52-8*ak La* M Bay UiWiiIi A* M Cm* tar Mk 1Mb W«k Law Ciiht S* ««r (*M0) Law aqv Safer Ma MWMb Prtce (HI Mk|2 UN 47 1 s Acma W*****4 1 uneh 24 1 1 1 1.5 1 41.0 1
      2,670 words
    • 296 27 AFP n Composite Index -O) THE Korea Stock Exchange Composite Index closed down 0.20 of a point at 608.63. Volume was 357.6 million shares worth two trillion won. —AFP f»B Waa Anam Saml 4800 350 Brain Tach 600 -2S Cantral Banfc 170 unch Dm Cu Bank 1595 -50 DaasanqCorp
      AFP  -  296 words
    • 287 27 AFP n Composite Index +O, PHILIPPINE stock prices ended barely higher yesterday in the absence of trading leads, dealers said. The Philippine Stock Exchange benchmark index rose 0.31 of a point to 1,688.05. Volume was down at 572.22 million shares worth 533.43 million pesos. —AFP FH15 Ewo COOO) Abacus
      AFP  -  287 words
    • 263 27 AFP QNZSE-40 -1087 NEW Zealand stocks fell 0.6 per cent yesterday, led down by market leader Telecom Corp which suffered due to poor sentiment for the telecoms sector and following its lower quarterly results, dealers said. The NZSE-40 fell 10.87 points to 1,960.80 on turnover of NZ593.5 million. —AFP
      AFP  -  263 words
    • 546 27 AFP PilOHiiiria -22M AUSTRALIAN shares closed 0.7 per cent lower yesterday after investor sentiment turned against News Corp and Telstra, brokers said. TTie All Ordinaries Index fell 22.6 points to 3,272.2, while the SP/ASX 200 Index slumped 24.4 points to close at 3,325.7. The All Industrials fell 45.9 points
      AFP  -  546 words
    • Article, Illustration
      746 27 AFX-Asia □set Index -OJO SHARE prices closed slightly lower in quiet trade, with the SET Index flailing to sustain its earlier modest gains on profit-taking, and a lack of fresh leads to support followthrough buying, dealers said. The SET Index closed down 0.10 of a point or 0.03 per
      AFX-Asia  -  746 words
    • Article, Illustration
      712 27 AFP p Composite Index +17.01 INDONESIAN share prices closed 4.0 per cent higher yesterday, led by Telkom and Indosat after the two companies reached a deal to unwind their cross-holdings, dealers said. The Jakarta Stock Exchange Composite Index closed up 17.01 points at 440.22. The number of traded shares
      AFP  -  712 words
  • Page 27 Advertisements

  • 9127 28 SGX MAMBOARD Transaction date: Feb 15 Or Gr M Wt 52-Wk Last Vol Day Last Quote Dlv Dlv Yld Net Cap A»g H><h Law Com#any Sala COOP) HHh Law Buyar Mw Cvr P/E Wl Prtca MULTI-INDUSTRY 158 56.5 m c Acma50c 57.5 -1.5 520 59 56.5 57 57.5
    9,127 words
  • Page 28 Advertisements

  • EXECUTIVE Lifestyle
    • 1765 29  -  COVER STORY Asian migrants have livened up the food scene in the Aussie city, ilsa sharp talks to some S'pore-born residents who have dished out their specialties ILSA SHARP Ilsa Sharp is a Perth-based freelance writer PERTH in Western Australia is not the kind
      PHOTOS BY ILSA SHARP  -  1,765 words
    • PERSPECTIVE
      • 729 30  -  OFFHrETTTUi Despite the murmurings, he deserves to be proud of his 'Crouching Tiger, Hidden Dragon', and Chinese around the world should be proud as well jaime ee AND the Oscar nominee for Best Picture is Crouching Tiger, Hidden Dragon. Yayy!! Woo hoo! One up for
        729 words
      • STRAWS In The Wind
        • 114 30 THIS is a true story. An animal-lover rescued a chick and took it home, thinking it was going to grow into a chicken. Then one day, it just took off and flew out of the window. Heart-broken, she got her husband to buy her four
          114 words
        • 63 30 COMPUTERISED spelling checks can be a real pain, especially when it comes to colloquial names. The National Arts Council sent out a circular recently about a Valentine's event held at Pasir Ris Park last week." The spelling feature automatically changed all references to Pasir Ris to
          63 words
        • 30 30 YOU'RE familiar with letters and email that start off with "dear sir" or "dear madam". But we received one enthusiastic email addressed to "darling sir and lady".
          30 words
    • NEW ASIA BIZ WOMAN
      • 1783 31  -  Cecilia Wee can still hold her own in a man's world even at 69. As owner of the Ascot Inn and Red Castle hotels in Perth, she is a force to reckon with in that city's Singaporean business enclave. The wife of Singapore's retired
        1,783 words
    • ENTERTAINMENT
      • 543 32  -  CINEMA 'Quills' fails to offer any real insight into the complex Marquis de Sade's character By Parvathi Nayar SEXUALLY depraved lunatic and author of toxic prose? Or defender of intellectual freedom and the human urge to create? Depending on your viewpoint, the Marquis de
        543 words
      • 600 32  -  CINEMA What aaves 'Mix Congeniality' from becoming totally corny ti»H predictable are the performances By Susan Tsang MISS Congeniality It the latest Hollywood offering to take a whack at beauty pageant*. In one corner, we have Oracle Hart, a tomboy FBI agent who has anything but grace In
        600 words
    • PURSUITS
      • 607 33  -  Geoffrey eu finds himself among vintage car collectors and motoring enthusiasts at Retromobile in Paris GEOFFREY EU P OR ten days each February, vintage car collectors and motoring enthusiasts gather in Paris for the unique extravaganza known as Retromobile, an astounding exhibition of rolling sculpture and automobilia that
        PHOTOS BY GEPFFREY EU  -  607 words
    • HEALTH
      • 878 33  -  Contrary to popular perception, it's vital to get moving as soon as possible after yon hurt your spine By Cheah Ui-Hoon AS far as conventional advice goes, when you hurt your back, you rest in bed, right? Recent medical advice shows otherwise
        878 words
    • EPICURE
      • 557 34  -  It was a pleasant start to finish for ooumns kbuc at the Wellington restaurant which offers modern, fine dining at reasonable prices CORINNE KERK THERE are a few things every city of any significance must have: a tourist bureau, Internet cafe, and a restaurant
        557 words
      • 646 34  -  WINE The Moet Ch&ndon drink was a rich accompaniment at a lunch at the Trianon, where Napoleon once dined By. Ronnie Lim NECTAR was the gods' preferred drink in Greek mythology. And in Epernay, the heart of Champagne country, I had the opportunity
        646 words
      • 773 34  -  RESTAURANT The decor at Outback Steakhonse may give a Down Under feel, bnt what's served is more small-town America instead Byi Cheah Ui-Hoon TRUST the Americans to pick out the saleable points of a culture and market it worldwide. In this case, it's Crocodile Dundee encountering USDA
        773 words
    • Article, Illustration
      836 35 The Accidental Spy. Orphaned salesman Jackie Chan goes to Korea and Turkey and finds himself targeted by spies. West Mall, Empress, Sun, Princess. Another Life. The story of Edith Thompson, an Edwardian lady who was accused of murdering her husband. Causeway. Bo4y Of H»e SooL Steamy tale of an
      836 words
    • 110 35 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wall Empress 777-5867 Jubliee 454-164u Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 QoMmi Vlllaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 TiongBahru Yishun Clemend/CoVnant) 777-0669 Gokfen/NewTowm 296-5466 HCrom 459-9575 Princess
      110 words
    • TRAVEL
      • 1238 36  -  Bungee-jumping may be associated with New Zealand, but there are many other activities to occupy the less adventurous holiday-maker, such as wine-tasting and garden visits. coumrE here checks out the winery, honey and herbs trail in the regions just north of Wellington Wairarapa and Manawatu
        PHOTOS BY CORINNE KERK  -  1,238 words
      • 381 36 PART of the fun of a holiday, is finding nice places to stay. In Wellington, Wairarapa and Manawatu, there's ample opportunity to try different types of accommodation. In Wellington which, on a global scale, is a relatively small city Parkroyal is considered one of the city's best hotels,
        381 words
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  • Page 30 Advertisements
    • 30 30 l/f\ yith (Last order at 10.30 am) PEARL RIVER PALACE CANTONESE RESTAURANT Singapore International Convention Exhibition Centra 1 Raffles Boulevard Suntec City (Level 3) Singapore *****3 Tel: 332 9733 EilialißilralieilisalißTral
      30 words
    • 13 30 Lunch Guide x Your weekly guide to -The New Paper every Monday. fSiStifftiS
      13 words
  • Page 30 Miscellaneous
    • 183 30 CRYPTIC CROSSWORD A churchman for the church (7) woman away from home can use! (5) 28 Look for no return from (4,3) American people (7) 14 A person prepared to deal Ytifi tiHDA y {solution with disorder-the strike first Aopouk 1& 12 Saint Andrews, 4 AlDOWN (9) fa Rome, 9
      183 words


  • Page 32 Advertisements
    • 427 32 Where to wine, dine and entertam...^(o>&& Rediscover resli iiess I Prices liiit Will S ii r|>rise. /V€> M' OpCii tit I ill; 1:1.1/ \it 1 111 si\(. \eore(,iii 7V) XO3O Uir mhh \cr\iilioii\. 24 Mount I li/.ilm-ili. Xinu.ipoiT 22X515. I -mail pr l llit-i-li/;tln-th.t°oin h w .th«'( li/;iliclli.coin Delicious Oriental
      427 words
    • 56 32 SET LUNCH AT GREAT HEIGHTS Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays lgp noon to 2.30pm (last order) cf\ Price: $32-m- U2 Reservations: *****58/88 floor MaJttktrin -xshpa/xrr 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fa*: 732 2361 I Peking HO/h
      56 words



  • Page 35 Miscellaneous
    • 2279 35 TODAY'S TV recommended viewing °m l ;#H k«S /Spore Mar 040 AM Kids Central: Blue 334 Search World's Best Love is in the a dilapidated course. Rene #40 nE Tree House. I 1'S nn. Russo comes for a lesson, 10.00 Steven Spielberg Pres- JJJJ p air again and her boyfriend
      2,279 words


  • SHIPPING TIMES
    • 46 37 Reuters THE Baltic Dry Index (BDI) rose one point to 1,446, the Baltic Panamas Index (BPI) shed two points to 1,513, the Baltic Handymax Index (BHD fell eight points to 8,876 and the Baltic Capesize Index (BCI) was up four points to 1,837. —Reuters
      Reuters  -  46 words
    • 258 37 Nta s> HI CWT Distribution—049 -002 4 OmmiHub 0.37 unch 718 Cases m mil—ant—0.19 aoz Ml FretaMlMu an (Mti 40 GOHoMInq* 0.47 iMdt 0 MCHoMlngr-HK unch 0 Jay* Holdings 0.16 OOI 64 'tffrHCflfr 0.06 SM Kappal FELS 109 OOI 162 K appal Marin* 0.18 unch 6939 K appal
      258 words
    • 545 37  -  Law will help ping gaps in national legislation, prof tells maritime conference By\ Donald Urquhart (SINGAPORE] A new model law for piracy and acts of maritime violence will not solve the problem of piracy in the region overnight, but is a
      545 words
    • 272 37 Hondnras-registered tanker was waiting to be scrapped wken by storm AFP [JAKARTA] Efforts were underway yesterday to clean up an oil spill from a half-sunken tanker off the north coast of Indonesia's storm-battered Java island, a police coastguard officer said. The Honduras-registered tanker
      AFP  -  272 words
    • 296 38 PACE Ahrenkiel 12 AppensMp 5 AsiaOCl II Assets S Austral 6 Avant 12 B'tangMas 6 BSA 7 BTL 12 BatojiShpq 5 Bangladesh 11 n ,j h Haxaminoo n CCM 7 CMACGM 3 COSCO 3 COCOS 5 CSAV 3 t Central Ex 6 Chahaya 12 Che Yang 5
      296 words
    • 749 38  -  ADMIRALTY CASEBOOK By I Selva Kumar THE release of an arrested vessel need not always be secured by a guarantee from an independent financial institution and a guarantee by another company may be sufficient in some cases, a Scottish court has held.
      749 words
    • 20444 44 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT FRIDAY, FEB ETA ETA Advertiser Vessel Voyage Telephone SIN Dest n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 25/02 26/03 MOL OCEANIC CHALLENGER 7014A 65-*****86 26/02 06/04 Setramar VILLE DE VELA 364W 65-*****33 28/02 07/04 Delmas DELMAS SURCOUF 112W 65-*****44 28/02 13/04
      20,444 words
    • SHIPS IN PORT
      • 698 49 Vessel Voy No Berth Arrlvtl Departure C Progress 15/02 'jn* 15/02/8:45 15/02/17^0 Winstar t 018S01 J03 15/02/7:20 B/02/2130 Terang 18 ¥1046 J02 15/02/930 15/02/1630 Ef 23 29 J02 15/02/10:20 15/02/17JO Batulkin 107 J12 6/02/1030 16/02/23.-00 Bt Fa 6-Feb J01 6/02/1130 8/02/1930 Bt Mm Gt6 S7 6-Fet J01 15/02/10:45
        698 words
      • 1805 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mane* Rstts Ship Voy Wo Etb/Btr Ported Frew To Frew ACX GARMCT 23S H/ttOO 8 M/BOO M/BW M/8CO 2A M/T700 BMM BMW MX SWA* 43* 8/3*0 H/OOO M/BW M/BW 2A I4/T700 8/0659 8/0900 21 m/too -vo*« bmoo I BMW B/IB9
        1,805 words
      • 201 49 Fab 19 United States: Presidents Day. Fab 23 Brunei: National Day. Marl South Korea: Independence Movement Day. MarO Brunei: Hari Raya Haji. Indonesia: Idul Adha A.H. Malaysia: Hari Raya Haji. Singapore: Hari Raya H^ji. liar 17 Ireland: St Patrick Day. United Kingdom: StPatrick's Day. Mar 20 Japan: Vernal
        201 words
      • 771 49 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
        771 words
      • 490 49 CartM >M Max 986.5 0J 15.9 0.06 65 0.03 Ftb Density "*er RmMm Ask NhMw Sodhnont Ho abow E25 0 0 1 0 .0 0 1 380 Aw 9652 0J 13.1 0.06 27 0.01 380 Max 909.7 0.7 16.1 0.09 54 0.03 U/iw »»A %M/M %M/M
        490 words
    • AIR & LAND transport
      • 296 50 Orders likely to range from 500-800 as US economy slows down: Boeing, Pratt Whitney Bloomberg [NEW YORK] Commercial aircraft orders may fall by as much as half in 2001 from last year because the US economy's expansion is slowing and airlines are
        Bloomberg; REUTERS FILE PHOTO  -  296 words
      • 410 50 Higher fuel prices, weaker currency result in 1.73b b&ht loss Bloomberg [BANGKOK] Thai Airways International, the national carrier, said it slipped into a loss in the first quarter because higher fuel prices and a weaker currency increased costs. The company lost 1.73 billion baht (5571.1
        Bloomberg  -  410 words
      • 222 50 Reuters [SEOUL] A heavy blizzard across South Korea disrupted air travel and brought road traffic to a crawl yesterday as the country continued to suffer some of its worst weather in 20 years. Dozens of international flights were delayed and even more domestic
        Reuters; AFP  -  222 words
      • 171 50 AFX-Asia [TAIPEI] China Airlines said 2001 parent pretax profit is forecast at NT53.26 billion (Ssl7s million) on sales of NT$B2.3 billion. "Sales this year are anticipated to exceed the forecast if the government allows direct transport links across the strait," a company official said. China Airlines
        AFX-Asia  -  171 words
      • 285 50 AP [HONGKONG] A mystery man who used a fake pistol to hold a woman hostage inside a parked Cathay Pacific Airways jetliner was sentenced on Tuesday to five years in prison, a court official said. The man, who has identified himself to authorities
        AP  -  285 words
      • 79 50 [LONDON] Britain'sfirst electric tilting train since the 1980s, goes on trial on a track near Melton Mowbray, England. It is the first 0f55, eight and nine carriage Pendallino express trains which Virgin Railways will operate on the west coast main line between London, Manchester
        AP  -  79 words
      • 220 50 AFP [OTTAWA] Representatives of Canada's airlines called on the government to change the law so they can exchange information on violent passengers—and then impose an in-dustry-wide ban on the culprits. Cliff Mackay, president of the Air Transport Association of Canada
        AFP  -  220 words
      • 284 50 Reuters [LONDON] British train operators could seek compensation over and above the £400 million (Ssl billion) promised to them by track operator Railtrack in the wake of a fatal crash last year. Four passengers were killed and 30 injured after a train
        Reuters  -  284 words
      • 1691 50 cm FUMT an RBM EM MMk am a Lutao zrm mm 2230 Damtmtm U.0I43 0530 BOMI 2335 sod mm mm am urn ns M0837 RJ*i *1 t»l 11 N242M 2020 BM 2025 S02M 2020 mm 20B B4205 2MB so m mm *trw* 6H48 09M JBFM9 07B
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  • Page 37 Advertisements
    • 218 37 Admiralty Casebook: Company guarantee sufficient for release of arrested vessel Pg2 Aircraft orders may decline by half this year: Boeing, PAW BackPg Thai Airways posts 1.73b babt loss BackPg "'A', Leading Practical Port Event Improve Efficiency Increase Your Profitability... Visit TOC Asia 2001 Exhibition Meet over 45 Leading International Port
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  • Page 38 Advertisements
    • 1187 38 1 NORTH AMERICA \_EXPORT\ \_OTHER DESTINATIONS m mnm okmo 1 MwraM I wnoon 1 Wia wT TT hjkim MASju'wiflMCO awno ~uimm ■wwu|ww' maw ,w «m »m H W" "J "J JJ ooq MfiMM mm 11/n u/m m/m ij/m u/w m/m 17/ M m/m |H mmmo fan v/n m/m m/m m/m
      1,187 words
    • 657 38 ne services represented by Members of the Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, MEAKBUUC PROJECT CARGO T0... MMPIER/FRENUNTIE MV "TBN" ETA SIN 16/02/2001 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAMOS/ CONVBUIONAL CARGO VDY ETAPKL ETA SIN
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  • Page 39 Advertisements
    • 1283 39 TO EUROPE FROM EUROPE Ivcsa VOY SW RTM ANR HAM ORV SOU FIT L£h| IvRSa TOT j RTM ANR HAW MtV SOU FIT LEH SI I HY EMPEROR 333W 19/02 08/03 10/03 13/03 07/03 API AGO! *****9/01 20/01 31/01 24/0117/02 HY ADMIRAL 331W 22/02 17/03 14/03 15/03 12/03 HYUNDAI DUKE
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    • 2115 39 Fa: YANTAI EVERY FRIDAY aX (T/T s 9 BAYS) YAHTUUI EVERY TUESDAY FRIDAY (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/U *****02 JOHORi OFFICE; COSTAR SHIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD DCPT (0/0) *****86 COSTAR AGENCIES (M) SDN BHD
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  • Page 40 Advertisements
    • 1622 40 C SENATOR LINES TO UK/CONTINENT TOIgDtnggtANBANaJBEAgrCQAgrALLWATPI I VESSEL VOY LEH HTM AMR HAM WW FIX VESSB. VOY 8m MI IK TO BJ IW PORTUGAL SENATOR 0015W 13 02 BMB 83 83 MO3 01 03 02.03 04 03 CHOYANG WORU) OM3W 15 02 M.U M U 00 03 1013 21.13 HANJIN
      1,622 words
    • 881 40 am MAC-HELS S'fORE M'SIA I Cantor: MM COtfTVt LINES, INC p. qudang: car, *****28 KVX cm Wk **********08 SHJU (084) *****9 MAMLA: (832) *****24 U V PENANQ: (04)*****38 BANGKOK: (882) *****87 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JKT (21) *****48 KUCHBIG (082) *****1-3 PORT KIAMO LAEM CHABAHG MV "MED
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    • 707 40 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MULUNO. MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN 1.C.0. POINTS VMMI SPORE N.SHEVA COCHIN COLOMBO P.KLAN6 PU GLORY VIOSW 11 FEB 27FEB 02 MAR 05 MAR 09 MAR TULSIDAS V.IM 25 FEB 01 MAR 00 MAR 12 MAR
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  • Page 41 Advertisements
    • 1401 41 I VESSEL VOY KHH HKO I SIN PKL DXB BAB PMM BIK IRAN KERMAN PCL-194 13/02 14/02 17/02 18/02 25/02 26/02 28/02 02/03 IRAN ISFAMAN PCL-195 20/02 21/02 24/02 2S/02 04/03 05/03 07/03 09/03 IRAN HORMOZGAN PCL-196 27/02 28/02 03/03 04/03 11/03 12/03 14/03 16/03 IRAN TEHRAN PCL-197 06/03 07/03
      1,401 words
    • 405 41 I Loading for BLUE LADY RDM/ATW/BMNAJK OCEAN ISLAND RDM/ATW/BMNAJK Loads Singapore. E7W. Mataywa, Indoneda J Loading for LOK KRANTI JDH/AQA/ADN ARETE JDH/AQA/DMT BAN ANN DBI/ABU/DOH/BRN/DMM^WT Toads Singapore, EVW Malaysia. Indonesia ILoacßngtor GRANT MARINER NOL/SAV/CAM/TMP TAICANG HAI VCBYVCW/LAX/MZL ARCHIMEDES NCX/TPC/CAM/JAX •Loads E7W. Malaysia. Indoneaio I IS' pore Lowing for AGILE INC/BSN
      405 words
    • 1290 41 IUKOPf EXPRESS SERVICE EXPORT I IMPORT PIISANSEN I 017W 127/W 113/5 15/04| 16/04| 17/*****/*****/04 HJ MHEMS 0041 01/03 1 03/03 05/03 01/03 25/03 EXPORT wiMHHPmnm-wwsi ouu pw ia *Hi cbw v-oom n>o*i i wtooo IMPORT-hj wumekh wwst qui m hbp/i? cms i/s ano hj una**mrinmnm VESSa VOY I SM i
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  • Page 42 Advertisements
    • 736 42 IWKHfHMtANIAM/BiAOC SgA/RWOWI SBVKK EXPORT VESSa/VOYAGE SGP |GK> VKM Q6 DKJ ROW |WV IIHP |ZH JUIIfQM2-008W MB 06/P3 08/03 07/03 (W/03 11/03 12/03 UUKSBOOBMO6W 25/02 09/0311/03 13AJ3 15/03 IVO3 16/03 HAD 19/03 [J UHTH) 00M-Q4SW o*o3 2tVO3 22/03 21/03 23/03 2V03 2fc/03 IIIJMCOIN008Sq)Mf 11/03 ad 2MB 27/03 2f/03 2MH 30/03 01/04
      736 words
    • 365 42 ARABIAN PERSIAN GULP/MDIAN SUM COMIMMT SERVICE v BXROET VESSEL VOYAGE SGP CM! OUR MA AMI DMN lAN KM NXV UMASSOT 0652-029* 18/02 23/02 28/02 01/03 UNI PRUOBfT 0164-007W 20/02 24/02 02/03 05/03 SING HE 0168W 23/02 06/03 01/03 12/03UN ACCORD 06SW35W 25/B2 02/0307/03 08/03 UM PROMOTE 0165-002W 27/02 03/03 09/03
      365 words
    • 917 42 ■AHOKOMHAP TA PHUT/LAMM CMABAMQ «JAKARTA/I»AHJAIIG ygsa I vot s« m m lux vpsa m si m pm owmmw UK 17/07 71/0? I 70/07 HAH MUM llfi IZZQ2 21/02 XETHAIHUM" 1 37SN 11/07 71/07 I 71/01 j»/M M£ shimanami 1 47E i»/o? nm I rrn ooqwuty/ —^—Z2SZZZS|ZZ_= lAWIHUM I 197 M
      917 words
    • 584 42 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL CONTAINER BB?WCE va wr m m w i $tp m w* ml m Ifl IVORY MS 12/0213/02 19/01 25/02 27/02 02/03 khsmm Us n/nnm 02/ M 0«/03 o*/oj ovo Minn TsT &/0227/02 05/03 11/03 u/oa fONDtnaNH "ST B/03 06/03 U/M 10/03 »/03 23/03
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  • Page 43 Advertisements
    • 401 43 BSfl x 7 mm MYANMA ISfißk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN WOW SLD (AGO 118W 23/02 MALAYSIA AGENTS: IOUSTEAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL: TEL 03-*****101 PEN: TEL 04-2****** PGU: TEL 07-*****21/4 BANK LINE (A service of
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    • 1205 43 HMNS* HYUNDAI MERCHANT MARINE CO., LTD. VESSa VOY~ Ml SOU I IH4 I MTM AWT I HAM lIV~| I VESSa I VOY I SOU I Ifll I tIM ANT NAM 88V f"W MOIMOSa VLS3BW 16/02 09/03 10/03 04/03 06/03 API AGAR VL0241 30/01 24/01 27/01 25/01 17/02 HYIMPBKM VJ33W 19/02
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    • 690 43 vOOv WALLENIUS WILHELMSEN TO NOOTH AND UjW AMERICA *t*« *0»0 HEAVYUFT SERVICf fVISSE VOY RAMP HEIGHT SIN LK MAO DMA SAV lAL ORF I NYC I NEW I MOO TAIKO AHIoT 4001 ms H 26/02 05/04 00/04 10/04 12/04 13/04 15/04 19/04 20/04 TOURCOMG AH 106 400T«» 6.3 M 09/03
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  • Page 44 Advertisements
    • 26 44 IP IflttMaanasa Supply Chain >. ~jr ✓> ggj? Bp An intermediary link between land and sea. "V htti'- vv a ,v.pt|'.t om.mv (i< ii :n»: oO S04 2/?i
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  • Page 46 Advertisements
    • 81 46 SINGAPORE PTE LTD 15 McCaUum Street #03-«M>2Natwest Centre Singapore *****5 V J Fat (65) 2201)66 Email: (eneral9ecusin.ecuilne.net —< WESTOCEAN LINE INDONESIAN PORTS Weekly Service Banjarmasin/Jambi/Palembang/ UM. approved IRAQ shipments Panjang/Pontianak/Perawan/Pekan Baru ail: 220 3373 See Pg 12 SIN HUP SENG HUAT RCL>J Steaming into China Pearl River Delta Ports Via
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  • Page 47 Advertisements
    • 1080 47 SSAMUDERA SHIPPING LINE LTD 72 Anson Rood, #06-01 to 03, Singapore *****1 MAIN UNE/OUTWARD: 532 3600 INWARD (MO): 437 2368 IMPORT STATUS (DID): 437 237S INVENTORY (DID): 437 2420 Wobsito http://www.samudora.<om CR NO. **********0H BOOKINGS UNE: 535 6266 (Celio/Je»»ico/Mei Chan/Jo»tynn/Dora/Yvonno/Honim) mSMSMMM 7 SLGS/WEEKLY \VVMmm\mmm 3SLGS/WEEKLY I VESSEL VOY SIN I
      1,080 words
    • 56 47 REGULAR SINGAPORE VIETNAM SERVICE VESSELS VOY ETA FID DESTINATION BACHDANG 22 1/2001 MPT 16/02 HCMC TAICHINH 1 2/2001 IN PT 16/02 DANANG MEKONG 4 2/2001 IN PT 17/02 NHATRANG HUANLUYENS 1/2001 17/02 20/02 NHATRANG HOANCMEU 1/2001 20/02 24/02 HAIPHONG AGENTS: IMKOV SHIPPING CO PTE LTD 39 DUXTON ML! SINGAPORE *****7
      56 words
    • 626 47 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWGISM *T I SUP I lIW 1 POO 1 tM» 1 OOM 1 HAI 1 NTI I 0« I SAV I 1 TAM I HOU I HQfCHPm/0440 jO2/07 10/01 13/01 IS/0) 27/01 11/01 11/01 14/01 15/03 10/03 20/03 25/03 19/03 03/04 01/04
      626 words
    • 131 47 "In PI Nafabhayu IQfc Perusahaan Pelayaran BIIAWAN-SIN-P.KLANG WEEKLY SERVICE [fry* KJMH SIN6AWB TORT KUN6 El* no Ett etd eb etc ailiS 22/02 23/02 15/07 Mi KwidM| Express KXII7M 25/02 24/02 27/02 MV Iwrndrn* Express GUIS 01/03 02/03 04/03 M< KwriNiag Express GIIW ot/03 OT/03 11/03 Mv laaduM) Express 0120S 01/03
      131 words
    • 642 47 M ENG LEE SHIPPING CO PTE UD I fafc SJJ3RM (10 Uoof) Fax: *****30/******0 I CT ISBHOOOOOOOC I VESSEL VOY SIN ETA SIM ETC DESTINATION Union Star 12 02/01 14/02 16/02 Jakarta toiOoya 02/01 15/02 15/02 Oumai/P Bam/Bualan Sma Central 03/01 16/02 17/02 1 lungkoi lebng Tinggi UraooS»a32 02/01 16/02
      642 words

  • Page 48 Advertisements
    • 602 48 I VESSEL VOY SIN MAA SIN TIGER METRO 873N 19-20/02 25-28/02 04-05/03 TIGER STAR 874N 22-23/02 2803/03 07-06/03 TIGER RHYTHM 875N 25-26/02 03-07/03 11-12/03 TIGER BRIDGE 876N 2&01/03 06-10/03 14-15/03 TIGER METRO 877N 04-05/03 10-13,03 17-18/08 TIGER STAR 878N 07-08/03 13-16/03 19-20/03 IVESSE^^^VO^^SI^^^CA^^SIJ^I STEAM POWER 470CN8 18-19/02 24-26/02 08-09/03 XPRESS
      602 words
    • 1057 48 Ak FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logistkentre, Singapore *****3 IQflr Tel: *****11 Fax: *****77 E-mail: flesin6singnet.com.sg WEBSITE: www.freighriinks.net MALI MV. MAUXVf CAMIU V7I6A *AUk MV. VIU M SAWTTA VIOM ETA SIN: M/OJ/100l 114 20/82/2001 ASHOOD/PIREAUS mv. msc gina voioti XIN6ANG mv. paorc
      1,057 words
    • 809 48 mmmmsmsm TO lUROP* CHINA N. EUROPE SERVICE VESSEL VOY SIN HKG XGG WO SHA TftAKTgSiA 53TE 1 T7TS 5T75 53TH ***** STMAS HAKUIKI KEEUJNC —S7BE I U FEB MFS &4MAft 06MAR ~OBMAR TRADE FREDA 001E I 03 MAR 07 MAR 11 MAR 13 MAR 15 MAR HAHHN BREMEN 053E I
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  • Page 49 Miscellaneous
    • 158 49 v I fr I i IIBRT ArtmsjMffismSß&£ t.g p y* /y«W o^* j«hv Jr MM n» n. 27L^ x i dB i, t~ iIR# sIl/ V I a 7 1- i .fi /i^ LEGEND- Issued by Meteorological Service Singapore K Thunderstorm Rajn Temperature "C^~y^yy- |nd and speed in knots Weather
      158 words