The Business Times, 11 February 2003

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 010/03/2002 Internet: nttpV/business-times.asial .com.sg SINGAPORE TUESDAY, FEBRUARY 11, 2003 85c
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  • Article, Illustration
    Lock icon $800m tag for Sentosa Cove site: sources
    738 1  -  SDC expected to issne bonds to fond purchase of 116 ha residential land By Kalpana Rashiwala [SINGAPORE] The Sentosa Development Corporation (SDC) has finally cleared the major hurdle to the development of its huge, fashionable waterfront housing project on Sentosa island. Sources say
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  • Article
    Lock icon MARKETS
    72 1 ST! 1,282.73 (-2.68) ST INDEX FUTURES 1,285.00 (-2.00) SIMSCI FUTURES 157.60 (+0.10) Mondav Change KLSECOMP 658.46 -2.79 NIKKEI 225 8.***** +36.77 HANG SENG 9,232.14 +81.19 SET INDEX 375.48 -3.47 JAKARTA COMP .-397.22 +2.59 MANILA COMP .1.038 89 -2.94 TAIPEI WPI 4,643.87 -91.50 SEOUL COMP ***** -013 SHENZHEN B 206.07
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  • Article
    Lock icon FINANCE
    73 1 FOREX RATES us$ s$ USS (SS per LS$) 1.751 £(l'S$/S$ per 1633 1859 EURO(l T S$/SS/E) 1.083 1.896 YEN 1203 68.70 RM 1800 1170 HKS 7.800 4.453 BAHT 4258 25.54 RITIAH 8.882 5.072 RENMINBI 8199 4.739 INDIAN RUPEE._ 47 69 27 23 PRIME RATES SINGAPORE* 515 KUALA LUMPUR 6.40
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  • Article
    Lock icon Taiwan may seek foreign buyers for state banks
    516 1  -  Govt anxious to sell stakes as soared loans are mounting From. Macabe Keliher in Taipei IN an effort to keep the Financial sector's privatisation process rolling, the government here may push to find foreign banks to buy majority shares in statecontrolled banks.
    516 words
  • Article, Illustration
    Lock icon Richard Li's telecoms plan hits the skids
    934 1  -  His PCCW aborts takeover bid of C&W amid adverse market reaction Byt Audrey Tan, Neil Behrmann in London RICHARD Li's plans to build a global telecommunications empire akin to that of his billionaire father Li Ka-shing skidded to a halt yesterday as his
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      52 1 Fd N# takes on r M a new k flying job L w J fa > 7 In times of i adversity v > s these, the heart is more important than the head. I W m W th<vL The HourGlass nBVtek jh i ■*feu in itIIv Jj .apw.'*: finSBji
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      37 1 V'»V" www rolex.com < r TAKASHIMAYA S C. TEL 6734 2420 RAFFLES HOTEL ARCADE TEL 6334 3241 LUCKY PLAZA TEL 6733 1262 SCOTTS S C. TEL 6235 7198 MILLENIA WALK TEL 6339 4870 PENINSULA PLAZA TEL 6337 8309
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      20 1 Richard Lfc deal-maker or corporate builder?, Next Page NATO SPLIT over defence of Turkey PglS Pg3 Pgs 111 8 "*****1******4
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  • NEXT page
    • Article, Illustration
      Lock icon DBS TD Waterhouse plays down reports of closure
      568 2  -  Canadian parent firm reportedly ready to axe ailing overseas units By Catherine Ong [SINGAPORE] DBS TD Waterhouse, a joint-venture between DBS Bank and Canada's leading discount brokerage, yesterday downplayed reports that the latter's parent company, the Toronto-Dominion Bank, may sell or close
      568 words
    • Article
      Lock icon Companies rev up on EDB training schemes
      502 2  -  They're getting staff ready for an economic recovery By Chuang Peck Ming [SINGAPORE] The slump in business seems to have awoken companies to the need to shape up their staff for the coming battle in the marketplace when the economy recovers. Notwithstanding the
      502 words
    • ON THE grapevine
      • Article
        Lock icon The fancy wheels stay
        98 2 MALAYSIAN tycoons Rash id Hussain and Tajudin Rami! are no longer in charge of the business empires they founded, but they will stilJ be chauffeured around in the same cars. Mr Rashid, formerly of Rashid Hussain Rhd, paid RM112,500 (SI52.000) for the company's Mercedes Bern S600L
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      • Article
        Lock icon Yours Zen-erroneously
        273 2 IN Japan, they have replaced the impersonal Microsoft error messages with Haiku poetry messages. Haiku poetry has strict construction rules. Each poem has only three lines, 17 syllables: five syllables in the first line, seven in the second, five in the third. Haiku is used to communicate a
        273 words
    • Article, Illustration
      Lock icon Japan keen to regain lead role in regional integration
      600 2  -  rn exclusive! From Anthony Rowley in Tokyo JAPANESE Prime Minister Junichiro Koizumi is expected shortly to announce new moves designed to ensure that Japan regains the initiative in promoting regional, economic and financial integration, in the face of China's expanding diplomatic
      REUTERS  -  600 words
    • Article
      Lock icon Richard Li— deal-maker or corporate builder?
      786 2  - Richard Li deal-maker or corporate builder? COMMENTARY Flip-flop won't bolster confidence in his leadership, writes Lota Hal Tin Loh Hui Yin WHAT on earth is PCCW up to? In December, it soft-launched a bid, worth £2.4 billion (Ss6.B billion), for British telco Cable Wireless. But yesterday it said all bets
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SembCorp FY02 earnings up 16%
      619 3  -  Key units, disposal of assets also help lift dividend and rednce gearing By Ven Sreenivasan STRONG contribution from three key business units and the divestment of some of its non-core assets enabled SembCorp Industries to hoist its FY2002 earnings by 16 per cent, raise its
      CHRIS LOH  -  619 words
    • COMPANYBriefs
      • Article
        Lock icon SingTel's C2C in financing talks
        102 3 Reuters SINGAPORE Telecommunications said yesterday that its submarine cable unit C2C would begin talks with its bankers after missing a key revenue target required under a US$65O million secured financing facility. Sing Tel disclosed the missed target when it reported a 2 per cent rise
        Reuters  -  102 words
      • Article
        Lock icon Mayfran tells why it sees 2002 loss
        68 3 BEDLINEN maker Maytran International has revealed further details on why it expects to make a "significant loss" for FY2002. Although sales were higher in the traditional festive months of November and December last year, they were of products with lower margins. And the
        68 words
      • Article
        Lock icon Waiver for Wee Poh
        94 3 WEE Poh Holdings strategic investor Tay Hung Cheow, has waived a condition under a scheme of arrangement between him and Wee Poh in December 2002. Under the scheme, Mr Tay is to invest $8 million cash in Wee Poh, by buying 1.6 billion new shares at
        94 words
    • Article
      Lock icon CEI earnings fall 10% to $4.2m
      230 3  -  By Andrea Tan CEI Contract Manufacturing's net profit for the year ended 2002 fell 10 per cent to $4.2 million on higher depreciation charges and foreign exchange loss. But operating profit rose 4.4 per cent to $7.05 million, due mainly to a one-time disposal
      230 words
    • Article
      Lock icon Is SCI really a poor cousin to Keppel?
      653 3  -  lock siew ven sreenivasan ONE must sympathise with the folks who run SembCorp Industries (SCI). It is one of those listed companies which cannot be ignored, given its size, liquidity and presence on the benchmark market index. Yet, it is also a
      653 words
    • Article, Illustration
      Lock icon KS Tech aims for 20% growth
      639 5  -  SWAM. CAPS It's on the lookout for acquisitions to fnel sustainable ROE growth Reports by Angela Tan MAINBOARD-LISTED KS Tech Ltd, a supplier of equipment to the oil and gas industry, marine and other sectors, is hoping that it will achieve a sustainable return
      ARTHUR LEE  -  639 words
    • Article
      Lock icon Early start and good contacts helped in China
      508 5 KS Tech's executive chairman Tan Kim Seng is grateful to his father Tan Guk Eng. Back in the mid-70s the older Mr Tan, who died in 1990 aged 69, provided the then-30 something fresh grad from Singapore's Nantah University with $100,000 to
      508 words
    • Article, Illustration
      Lock icon k1 eyes investment returns of at least 15%
      573 6  -  Firm vows greater access to investing community ity Catherine Ong MARK Daniell, newly appointed president of kl Ventures Ltd, said that the pub licly-listed "private equity" company will focus on me-dium-sized investments with returns of at least 15 per cent. In an
      573 words
    • Article, Illustration
      Lock icon Ossia turning the corner in a rough ride
      708 6  -  I :l I exclusive Restructuring of group's businesses paying off Vince Chong IT'S a joke to talk to the media and ana lysts about future plans when there is nothing to show. So said George Goh, eldest of three brothers who founded
      708 words
  • Page 3 Advertisements
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      179 3 ,v < '>■• 'jJ ;> Mercedes-Benz is a trademark of DaimlerChrysler. The sooner other manufacturers copy our new technology, the better. "1 >. "V <" '1 1 V j "V-V;. S{.s'.S*, Introducing PRE-SAFE,' moments before Impact to take R6d6fillill2 DBrfGCtlOll S-Class model As well as saving another revolutionary safety steps
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      309 4 OTHER SINGAPORE INDICES Fat) 10 VALUE CLOSE BTOG/DS -275.00 >29.00 BTCADI -*****.00 -53.00 -*****.00 -27.00 AR-SGEqmMM 343.41 -0.31 SG EqhMM Ebct 108.49 +0.24 «QE««M»Fh 1092.39 -7.31 313.86 -0.97 mSaShwon 157.05 -0.28 157.60 *0.10 Stocks Volume Chew Eu Hock 0.5c 22,005,000 LAM lc 20,551,000 SembCorp Ind 25c 11,218,000 Chart SemiCond 26c
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    • Article, Illustration
      Lock icon Analysts see 20% upside for SingTel price after results
      269 4  -  HOT STOCK/ WABRAMT By Ven Sreenivasan LONG-SUFFERING Singapore Telecom seems finaUy to be receiving some positive spin in the market. This comes on the heels of its bet-ter-than-expected third quarter earnings of $296 miUion. The big surprise was the strong showing
      269 words
    • Article, Illustration
      Lock icon War fears haunt two-tier market
      776 4  -  I ~-li comment STOCKS r. sivanithy A TWO-TIER market haunted by war fears, populated largely by day-trad-ers, ignored by serious money and shunned by retail players. Such has been the description of the local stock market several times before in this column and such was
      776 words
    • Article, Illustration
      Lock icon Key Asian currencies hammered badly
      578 4  -  PTfcomment CURRENCIES Big breakout signalled for A$ vs Ss, with possible target ofatleastSsLlo larry wee HEAVY stop-loss selling sent key Asian currency units tumbling through key levels yesterday, even as the US dollar faltered elsewhere. By the Asian close, the greenback had risen to one-month
      Source:  -  578 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2727 4 UNIT TRUSTS FUNDS A—taw Com Global Finance Index Fd 0686* > Com Global Lifestyle Index Fd 0.77* ?f" 7* ,5>w Com Global Health Index Fd 0 74V \Y" ***2 Com Global Telecom Index Fd 0399/ nm*Z Com Global Infotec Index Fd'" 0-254/ s£ »£Zr«?rl£;r SIS Com Global Energy Index Fd
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      268 5 University ISWltb# Michigan Business School Center M Effective Sales Management March Hong Kong Strategic Marketing March 2003 Hong Kong Other programs in "Sales Marketing Competitive Marketing: Strategy and Tactics May 19 2003 Hong Kong University of Michigan Business School Asia Pacific Regional Office Executive Education Center Hong Kong For detailed
      268 words
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      1707 6 SMMCRAFr DATACRAFT ASIA LTD (Incorporated in the Republic of Singapore) NOTICE OF NINTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of Datacraft Asia Ltd will be held at The Regent Singapore, 1 Cuscaden Road, Singapore *****5 on Thursday, February 27, 2003 at 2.00 p.m.
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      274 6 A Very Special Joint Promotion With 30 of the best 4 5 Star Deluxe Hotels Travel and stay in comfort style Enjoy the convenience of our personalised private tronsff» s BANGKOK Book by 23 Feb Travel by 31 Mar 03 Then" 3 a J[ k s Q Q ftAjgfl *****2223
      274 words
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      28 6 JHIH WG DEMAND ■^-you SUPPLY Make us nn offer v\e can't resist. Seeking tenders? Call 1800-*****22 or email: Recruit@sph.com.sg to book your Notices advertisement in our newspapers now.
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  • FOCUS property
    • Article, Illustration
      Lock icon Loophole in deemed interest rule?
      575 7  -  I comment PROPERTY Rule may make It hard to figure out ownership stakes lee han shih SO who is the biggest shareholder of United Industrial Corporation banker Wee Cho Yaw or Filipino tycoon John Gokongwei Jr? Until recently, the answer was obvious it was Mr
      575 words
    • Article, Illustration
      Lock icon UK house prices grew at record pace in Q4
      353 7 Average cost of a home rose 22% to £145,251 Bloomberg [LONDON] House price growth in England and Wales accelerated to the quickest pace on record in the fourth quarter, the government said, as the lowest interest rates in a generation encouraged
      Bloomberg; FILE PHOTO  -  353 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      486 7 Special Low Financing Package First 8 Purchasers of 2003 will get an additional 5% off the nett price! (OFFICE/WAREHoIsiNG/Dii^lßiiTlONi° Rare opportunity to own or lease a prime unit (4,000 -15,000 sq ft) Parking lots in front 1 of units V\ n Your very own frontage A'L_- rr sr— Prime location
      486 words
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      Lock icon Page 7 Advertisements Column 2
      138 7 INVESTME^^yy^||ipp||||| Orchard Towers KTV/PUB/Restaurant/Shop For Sale Freehold Rear block (above Jasons) 5,012 sq ft Vacant possession Investment Dept *****181 COMMERCIAL BUILDING NEAR CITY HALL MRT Located within the electronic and IT hub A 7-storey c ommercial building with basement car park Lettable area: approx. 17,400 sq ft 999 years leasehold
      138 words
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  • SINGAPORE news
    • Article
      Lock icon BCA invites comments on Land Titles Act
      150 8 THE Building and Construction Authority (BCA) is seeking comments from the public on the current review of the Land Titles (Strata) Act and the Buildings and Common Property (Maintenance and Management) Act. To be gathered by March 7, the feedback will be consolidated
      150 words
    • Article, Illustration
      Lock icon Ed Ng joins Asian Aerospace as president
      448 8  -  m exclusive Unnsnal career switch ends months of silence after exit from Capita Land "y David Boey ED Ng Ee Peng, former executive vice-president (cor porate) at property giant Capita Land. has taken on a high-flying job of sorts as the president of
      FILE PHOTO  -  448 words
    • Article
      Lock icon When the going gets tough, let the heart rule
      381 8  -  By. Andrea Tan THE heart is more important than the head in adverse times, says Far East Organization's chief executive officer, Philip Ng. Designating 2003 as the Year of the Customer, Mr Ng wants FEO to "come across as a special
      381 words
    • Article
      Lock icon Local private firms score on governance
      447 9  -  S'pore most 'enthusiastic' over non-exec director appointments: global poll By Anna Teo YOU might say they are most riskaverse or most savvy about corporate governance. Singapore companies are apparently the most "enthusiastic" over appointing non-executive independent directors, when they are not legally required to.
      447 words
    • Article, Illustration
      Lock icon Three national monuments added
      295 9 THE government has declared three more buildings Cathay Building, MacDonald House, and the Church of Saints Peter and Paul as national monuments. Cathay Building and Mac Donald House are the first to be gazetted under a new National Monuments scheme known as Category 2, said the
      FILE PHOTO  -  295 words
    • Article
      Lock icon China hits S'pore hardest in Asean
      307 9  -  =1 on the economy electronics -By Elgin Toh AMONG Asean countries, Singapore is the worst hit by the boom in China's exports, according to JP Morgan. Its analysts cite the electronics industry as the sector where Singapore is worst hit, despite it being a
      307 words
    • Article
      Lock icon Tibs to cut taxi booking fees from Feb 18
      249 9 NEED to phone for a cab? Chances are that you'll want to call Tibs Taxis on 6-555-8888. The company will soon offer the lowest booking charges in town. From Feb 18, phoning for a Tibs cab will cost $2.80 for current
      249 words
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      315 8 W tfc?T7»T37Bi t/jflfrjLtfnfaiTM 7 > J 'W*- f-l CROSS I CONNECTIONS ■■Sr" *r FreehokJ Land Area of 77,509.4 sf o Plot Ratio 2.1, GFA 169,770 sf (approx) B URA Outline Planning approved for High rise M W* rt (20 storeys) Condominium Highly Marketable "Priced to Sell" Project catering to Mass
      315 words
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      34 8 *yn(Jr*S for celebrations. —for happy occasions. Or a cake to simply say "I Love You" At The Food Shop, we have the cake for all seasons, for all reasons. |r L j w m
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      90 9 i I Hotel Rendezvous. Singapore Asian Fteaimpoaum 2003, M*ch 10lh ***** Calling all CEOs and Simulation System users! Is your Simulation System meeting your needs? How sure are you that your I operation is performing at the best 1 condition? Come! Join us for a day. Bill Nordgren, CEO of
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      396 9 I^Japan^ Look forward to Great Rewards when you fly ANA to Japan from 10 January to 10 March 2003. Enjoy Bonus Miles to redeem various benefits and gifts! It's easy to get within flying reach of your Bonus Miles with ANA's daily flights from Singapore to Tokyo and Osaka. What's
      396 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon New moves in the US-Israeli chess game
      781 10  -  pIaTTT^ 1 bottom line OPINION john gee FOLLOWING the events in Beijing in 1989, Benjamin Netanyahu, now the second most prominent leader of Likud, the largest party in Israel's Parliament said: "Israel should have exploited the repression of the demonstrations in China, when
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    • Article
      Lock icon IN OTHER WORDS
      52 10 'In retrospect, we should, to clear up any confusion, have acknowledged which bits came from public sources and which bits came from other sources.' a spokesman for British Prime Minister Tony Blair, admitting that large sections of its most recent report on Iraq were taken from non-secret
      52 words
    • Article
      Lock icon Tackling slow growth, unemployment
      634 10 EDITORIAL A LONG-TERM unemployment rate of 3 to 4 per cent may not seem much to most developed countries, but it is a sobering prospect for Singaporeans used to decades of high growth and full employment As the Economic Review Committee (ERC) pointed out last week,
      634 words
    • Article, Illustration
      Lock icon The case for Steve Case
      1038 10  -  Whatever his faults, yon can't deny that he brought the magic of the Internet to the real world and a bit of real-world sobriety to cyberspace By Michael Kinsley LAT-WP SINCE Osama bin Laden isn't actually within our borders, as far as we know, the
      LAT-WP; AFP FILE PHOTO  -  1,038 words
    • Article, Illustration
      Lock icon Easier car loans come at a price
      208 10  -  Tan Suan Tiu I REFER to the letter "Lifting of car finance curbs: unanswered questions" by Goh Hoi Lai (Mailbag, Feb 5). If the intention of the Monetary Authority of Singapore is to spur consumer spending, as some have speculated, may I ask:
      FILE PHOTO  -  208 words
    • Article
      Lock icon Get mentors to pick local talent to be groomed
      160 10  -  Gan Fong Jek I REFER to the report "Preparing Singapore executives for the global stage" (BT, Jan 30). I am pleased that the government is now looking into grooming local talent. While the contributions from foreign talent can be significant, it
      160 words
    • Article
      Lock icon Make car downpayment 10%
      120 10  -  MAILFTffI Ng Chun Sing (Nick) I REFER to the report "Hong Leong launches aggressive loan deal for car buyers" (BT. Jan 25). Zero per cent downpayment is ridiculous. A buyer would definitely need to top up a minimum of $15,000 should they lose their job while
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  • REGIONAL news
    • Article
      Lock icon Renong dives on fears of revamp delay
      449 11 KUALA LUMPUR It loses np to 6.4% over worries that bad timing would derail rebonnd plan Reuters SHARES of debt-laden Malaysian conglomerate Renong Bhd fell as much as 6.4 per cent yesterday despite assurance from the firm that a life-breathing revamp was on
      Reuters  -  449 words
    • Article
      Lock icon Freer Japan access for Malaysian products by 2004
      344 11 KUALA LUMPUR Bernama JAPAN-BOUND Malaysian products can enjoy tariff cuts or waiver as early as 2004 if Tokyo and Kuala Lumpur agree to an "early harvest" approach in their proposed bilateral free trade area (BFTA), International Trade and Industry Minister Rafidah Aziz
      Bernama  -  344 words
    • NOTEBook
      • Article
        Lock icon Manila to contest petrochem petition
        90 11 OANA-PNA [MANILA! The Philippine government is likely to contest petitions from three Asean countries Singapore, Malaysia and Thailand for compensation over Manila's decision to exempt the petrochemical sector from the region's trade liberalisation programme. Trade and Industry Secretary Manuel Roxas n said the government is
        OANA-PNA  -  90 words
      • Article
        Lock icon Jakarta to build Java-Madura bridge
        85 11 Reuters [JAKARTA] Indonesia will construct a bridge to connect East Java and Madura island at a cost of around 2.4 trillion rupiah (*****.8 million), a senior government official said yesterday. The 4.5 km long Sura-Madu bridge has been in the planning stages since 1997 but
        Reuters  -  85 words
      • Article
        Lock icon ADB lowers E Asia growth forecast
        66 11 AFP [MANILA] The Asian Development Bank yesterday downgraded its 2003 economic growth forecast for East Asia, citing an impending Iraq war as among key risks derailing expansion. Average gross domestic product growth in the region is expected to moderate to 5.6 per cent this
        AFP  -  66 words
      • Article
        Lock icon M'sia seeks US, Russian fighter Jets
        75 11 AP [KUALA LUMPUR] Malaysia hopes to sign deals later this year to buy Russian and US-made fighter jets in a major boost for its air force, authorities said yesterday. Officials are negotiating the price and mode of payment for an undisclosed number of Boeing's
        AP  -  75 words
    • Article, Illustration
      Lock icon Anwar to seek bail in April
      329 11 KUALA LUMPUR Reuters JAILED former Malaysian deputy prime minister Anwar Ibrahim will seek to be released from prison on bail in April after serving two thirds of a six-year sentence for corruption, his lawyer said yesterday. The bail bid coming as Prime Minister Mahathir
      Reuters; AFP FILE PHOTO  -  329 words
    • Article
      Lock icon Bank Lippo to answer claims it misled investors
      587 12 JAKARTA It reported 9-month profit of 99b rnpiah, then changed it to IJlt rnpiah loss Bloomberg PT LIPPO Bank, one of seven lenders Indonesia plans to sell over the next year, will today for the first time publicly defend itself against allegations
      Bloomberg  -  587 words
    • Article
      Lock icon Indosat may pay out 10% of net profit
      170 12 Reuters [JAKARTA] Indonesian international call operator Indosat in which Singapore's ST Telemedia has a 41.94 per cent stake will probably only be able to allocate 10 per cent of its net profit in 2002 to dividends, although the figure might stretch to
      Reuters  -  170 words
    • Article
      Lock icon China's top econ planner hurt in car accident
      83 12 AP [BEIJING] China's top economic planner, a member of the ruling Communist Party's Politburo, was hospitalised after a car accident but was expected to return to work soon. Zeng Peiyan's accident happened while he was on an inspection tour of north-eastern Heilongjiang
      AP  -  83 words
    • Article
      Lock icon Rise of Asian currencies against US$ not stifling exports: ADB
      217 12 AFP [MANILA) East Asia's export competitiveness has not eroded even though most regional currencies are rising against the dollar amid Iraq war fears and US fiscal deficit concerns, the Asian Development Bank (ADB) said yesterday. Except for a short period
      AFP  -  217 words
    • Article, Illustration
      Lock icon New Thai finance minister aims to cut Budget deficit
      330 12 BANGKOK He believes in leaving monetary policies to BOT Reuters NEWLY appointed Thai Finance Minister Suchart Jaovisidha said yesterday he would focus on trimming the Budget deficit, implementing tax reforms, and adopting sound macro-eco-nomic policies. Mr Suchart, formerly deputy finance minister
      Reuters  -  330 words
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      44 11 C^H fln jJ^L -r I 1 S AUTHORIZED DEALERS I I /J CHEW CHEONG WATCH TEL: 6734 5096/6734 8461 /6787 ■■III|HjHHH H LEONG POH KEE TEL: 62% 9998 jP^k PRECIOUS TIME TEL: 6538 3008/6821 1108 WATCHES OF SWITZERLAND TEL: 6737 3708/6734 0928/6732 9793 B^KT*
      44 words
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      2304 12 totl fret 1800 289 8822 Email rccnnt@bph.com.sg NAM LEE PRESSED METAL INDUSTRIES LTD (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Nam Lee Pressed Metal Industries Limited ("the Company") will be held at 31 Senoko Drive, Senoko Industrial Estate. Singapore *****6 on
      2,304 words
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      280 12 1 SALELAS PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD AT N MERCHANT ROAD 992-91 RIVERSIDE POINT SINGAPORE *****2 ON THE 3IST DAY OF JANUARY 2M3AT ISAM. THE FOLLOWING SPECIAL RESOLUTIONS WERE PASSED: Special Resolution*
      280 words
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      406 12 IN THE MATTER Of THE COMPANIES ACT, CAP. St AND IN THE MATTER OF ORANGE GROVE RESTAURANT PTE LTD (In Members' okintarv Liquidation! NOTICE OF RESOLUTIONS Al an Extraordinary General Meeting of the members of the above named Company duly convened and held ai W Orange Grove Road 2nd Storey.
      406 words
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  • REGION world
    • Article, Illustration
      Lock icon Memory chip prices slide on oversupply
      419 13 SEOUL Prices more than halved since end-Oct; shares of chipmakers plunge Bloomberg THE spot market price of computer-memory chips fell last week to a level at which some companies find production unprofitable, causing shares of Samsung Electronics Co and its rivals to plunge. The
      Bloomberg  -  419 words
    • Article
      Lock icon Taiwan to sell a 3rd of Chunghwa Telecom
      312 13 Bloomberg [TAIPEI] The Taiwan government, which owns 82 per cent of Chunghwa Telecom Co, said it plans to sell about a third of the island's dominant phone company this year, accelerating its goal of shifting control to private industry. The Ministry of
      Bloomberg  -  312 words
    • Article
      Lock icon Taiwan looking into yuan trade possibility
      223 13 TAIPEI Reuters TAIWAN'S central bank said yesterday it had studied the technical aspects of allowing trade in China's yuan on the island for over a year, but anything more concrete would require talks with Chinese counterparts. "We have studied the problems involved for over
      Reuters  -  223 words
    • Article
      Lock icon Lianhua eyes HK$1b listing in HK in April/May: source
      273 13 HONGKONG Reuters CHINA'S largest supermarket chain is eyeing a HK$l billion (***** million) initial public offering in Hong Kong in April or May, a banking source said yesterday. Lianhua Supermarket Co Ltd, based in Shanghai, plans to use proceeds from the
      Reuters  -  273 words
    • ASIANotes
      • Article
        Lock icon Group to build HK-Macau bridge
        62 13 AFP [HONG KONG] A consortium of private developers has been formed to build a bridge linking Hong Kong with Macau and Zhuhai, the Oriental Daily News reported yesterday. The consortium led by Gordon Wu, chairman of Hopewell Holdings, and Stanley Ho, chairman of Shun Tak
        AFP  -  62 words
      • Article
        Lock icon UMC's Jan sales up 34.8%
        77 13 Reuters Bloomberg (TAIPEI] United Microelectronics Corp, the world's second largest contract chipmaker, yesterday said its January sales rose 34.8 per cent from the same month last year, but slipped from the previous month. UMC had sales of NT$5.4 billion (Ss27o million) in January, down from
        Reuters; Bloomberg  -  77 words
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        Lock icon Chinese send 7b New Year messages
        83 13 Reuters (HONG KONG] China's mobile phone duopoly got a kick start in the Year of the Goat, as customers sent a staggering seven billion short messages in the First week of the new year, according to data released yesterday. Subscribers to China United Telecom
        Reuters  -  83 words
      • Article
        Lock icon Fixed asset investment up 16% in '02
        45 13 Reuters (BEIJING] China's Fixed asset investment rose an annual 16.1 per cent in 2002 the fastest pace since 1996, the China Securities Journal reported yesterday. "China's investment maintained the momentum of fast growth in 2002," it said. Reuters
        Reuters  -  45 words
      • Article
        Lock icon Hutchison offers US$1b bonds
        55 13 Bloomberg (HONG KONG] Hutchison Whampoa Ltd, which scrapped a US$l.45 billion euro and sterling-denominated debt sale in October, said it hired Merrill Lynch Co to help it sell US$l billion of 10-year bonds. The bonds are being offered yielding about 2.7 percentage points more than US
        Bloomberg  -  55 words
  • Article, Illustration
    Lock icon FINANCE
    1073 13 Transaction date: Feb 10 ntTERBAMK CROSS RATES AS CS ftwfc Ere H*S toils tapUk Tee Won M Mh Pwo SS »and Sir MTS 8afct Powd USS Australia 0.902 4917 0347 4.621 28.251 52.621 0.713 7.064 2.25) 1076 ***** 3L930 L038 4.974 0J02 20.605 25.464 0.363 0.592 Canada 1.109 5.451
    1,073 words
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      169 13 'VT 7r-S VI Jh W m HIHHBHai Ihis Valentine's Day, declare your If your date is a die-hard \~J sweet devotion with the most romantic and flowers are a 4tfjBS||j223fe tempting gifts ...THANN Aromatic must, we have the perfect Salt Scrub and THANN Aromatic arrangement for you...be *Sri#-^ candle* complete
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      115 14 \BK-55£ Broadband Network-connected Internet r?g/^S!WSMBB^B Our down-to-earth "IT" solutions are out of this world. Mitsubishi Electric's "Integrated Technology" solutions are the technology safeguards your data. And our next-generation MPEG core of a universal communication network designed to keep you video encoding technology breaks new ground in lighter yet higher in
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  • WORLD news
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      Lock icon US fumes as 3 nations split Nato over Iraq
      526 15 WAR JITTERS Plan to boost Turkish defences blocked by France, Germany, Belgium Reuters Bloomberg NYT LAT—WP [BRUSSELS/BAGHDAD] France, Germany and Belgium split Nato yesterday by blocking a plan to boost Turkish defences in case of a US-led war on Iraq an
      Reuters; Bloomberg; NYT; LAT—WP  -  526 words
    • Article
      Lock icon Saddam futures allow bets on his removal
      275 15 LONDON Bloomberg DAN Stevens has US$l,4OO riding on Saddam Hussein's removal as president of Iraq. Trade Sports Exchange Ltd, based in Dublin, offers futures on the Iraqi leader to investors looking fbr alternative investments. The contracts settle on the last day of each
      Bloomberg  -  275 words
    • Article
      Lock icon BA back in the black after job cuts, sale of planes
      442 15 LONDON Bloomberg BRITISH Airways Pic posted a third-quarter profit following huge job cuts, dropping of unprofitable routes and sale of planes. Net income in the three months ended Dec 31 was £13 million (5537.1 million) compared with a net
      Bloomberg  -  442 words
    • WORLDWatch
      • Article
        Lock icon Greenspan expected to spur optimism
        65 15 Reuters [WASHINGTON] US Federal Reserve chairman Alan Greenspan's main task when he goes before Congress today and tomorrow will be to create optimism about the economy's direction in the face of possible war. But he must also ensure he is not painted into a corner
        Reuters  -  65 words
      • Article
        Lock icon Japan's exports stay strong in Dec
        53 15 Reuters [TOKYO] Japan's export performance stayed strong in the last month 0f2002, data showed yesterday, easing concern the economy's last bright spot was starting to fade. Exports rose 15.8 per cent in December from a year earlier and were up 62 per cent for
        Reuters  -  53 words
      • Article
        Lock icon Daiwa Sec boss may head NPL agency
        40 15 Reuters [TOKYO] Daiwa Securities SMBC president Akira Kiyota is being tapped to head the proposed state-backed Industrial Revitalisation Organisation, aimed at buying bad loans from banks and reviving borrowers, government sources said. Reuters
        Reuters  -  40 words
      • Article
        Lock icon Citigroup trays German group Moeller
        63 15 AFP [FRANKFURT] Citigroup has acquired the troubled German electronics group Moeller for an undisclosed sum, Moeller said yesterday. Moeller's family sliareholders had agreed to sell their stakes in the century-old company to Citigroup Venture Capital Equity Partners. Daily Die Welt reported the price amounted to
        AFP  -  63 words
      • Article
        Lock icon BP to take stake in Russia's TNK
        64 15 Bloomberg [MOSCOW] BP pic is in talks to pay as much as US$4.5 billion for a stake in a group linked to Russia's TNK Industrial Holdings, the Wall Street Journal reported. BP may buy half of a holding company that would control OAO
        Bloomberg  -  64 words
    • Article
      Lock icon Sun set to roll out new offerings
      319 15 ■NEW YORK NYT SUN Microsystems was scheduled to announce a series of new computer and software offerings yesterday in an effort to regain a sense of momentum and leadership in the corporate computing business. Sun, known for technical innovation and aggressive salesmanship, has
      NYT  -  319 words
    • Article, Illustration
      Lock icon Hayami may stay on as BOJ governor
      494 16  -  Govt official hints at delay in naming a nominee beyond the Feb 20 deadline Fromi Anthony Rowley in Tokyo THE drawn-out saga of who will be the Bank of Japan's new governor took a bizarre turn yesterday when a government official hinted at
      494 words
    • Article
      Lock icon Sony reviewing its global management structure
      272 16 TOKYO Bloomberg SONY Corp, the world's second largest consumer electronics maker, said it is currently reviewing its global management structure, which it may strengthen by revamping outside Japan. "In order to enhance the group's corporate governance functions Sony is committed to reforming its management
      Bloomberg  -  272 words
    • Article
      Lock icon Rothschild chief to step down
      335 18 LONDON He plans to hand over control of London nnit to French relative: FT Bloomberg FT EVELYN de Rothschild, chairman of N M Rothschild Sons Ltd, plans to hand control of the investment bank's London unit to a French relative, the Financial Times said yesterday.
      Bloomberg; FT  -  335 words
    • Article
      Lock icon Prudential, Wachovia may merge units
      241 18 NEW YORK NYT PRUDENTIAL Financial is nearing a deal with the Wachovia Corp about a joint venture that would, merge their brokerage and research businesses, executives close to the discussions said on Sunday. The companies were working over the weekend to complete the deal and
      NYT  -  241 words
  • Article
    Lock icon COMMODITIES
    1564 15 SICOM FUTURES Feb 10 lUBItl FwNres (Ooriei iricei) K51 (S ce*UAqJ Close Vohme 0h« Moot* H*9h Uar Sett (towas) Interest 11*03 t- 165.00 Apr 03 168.00 May 03 *8.00 Jun 03 168.00 RSS 3(USccnb/kq) Volume Open Moot* Hifh Low Sett (tomes) Interest Mar 03 9425 9100 9150 KOO ttOO
    1,564 words
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      1366 16 CEI CONTRACT MANUFACTURING LIMITED 1 ANNOUNCEMENT RESULTS The unaudited results of the Group and of the Company for the financial year ended 31 December 2002 are as follows: GROUP COMPANY 2002 2001 +/M 2002 2001 ±M $000 000 $000 000 Turnover 42,391 53,597 (20.9) 41,784 53,375 (21.7) Other income (including
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      1108 16 ASIATRAVEL.COM HOLDINGS LTD (Incorporated in Singapore with limited liability) NOTICE OF THIRD ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of ASIATRAVEL.COM HOLDINGS LTD ("the Company") will be held at 1 Kim Seng Promenade. Great World City West Tower #13-07, Singapore *****4 on 26 February
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  • Article
    Lock icon STOCKS ASIA
    4587 17 Transaction date: Feb 10 for more, go to wwwjasixionenmarketsjmm HONGKONG HKRmn. _j.» OOI NKS 000 Hong Kong Electnc 29 10 0 25 5585 Hongkong Chinese 065 001 644 Alpha General 024 unch 0 Hongkong Chinese Ltd 065 001 6«4 AnandaWmgOn 0.01 unch 3190 Hopewell Holdings 6 45 -0.05
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    Lock icon KLSE
    1975 17 Transaction date: Feb 10 KUALA LUMPUR MS SS m w. fMM FW Industries 0.16 undi 0 ——Gadana 14)1 unch 0 ASM Realty 075 -0.01 2 no? '"o Abnc .0.91 -002 38 0 97 0.01 10 ACPIndiatnes— 2J5 -004 9 i J Advance Synergy -0.36 -0.01 96 ,Tv 414 AttnHoUngi
    1,975 words
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    Lock icon SGX
    733 17 Transaction date: Feb 10 54a*aa»a 1 0— OH 1 Qm Q»» CMC 0.44 IMO MM 50c Ml 1090 -0490 Cjpftaland 1.15 1M0 «0M OOK MS MOO -0050 Own SanaCond 26c Ml M70 -0*15 OUC 057 5J00 -0050 CftyDavSOc 1M 4000 «04» >rt»1 H25t 0J» 4740 -0010 Crtattw T 25c
    733 words
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    Lock icon BONDS & WARRANTS
    497 17 BONDS WARRANTS Lai Vol Caa* bar Mac tear -i M l S*a «ar- (IW katta Price Left A5T1W*****1 1*5 1 16 205 0*3 16 AonaLtdW*****« 2 1 50 700 3.25 21 A/ntr* W*****0 Mi 1 33 1 1.42 28 Armstrong W*****0 05 1 10 91 11J0 15 8v6%5A*****110k 103oe Barfc
    497 words
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  • Article
    Lock icon SGX MAINBOARD
    5338 18 I Transaction date: Feb 10 for live prices, log on to iimm^jasiaonemarketsjcom 5248k LM VW Day LMOMU GfOte Ho OTW MM MCas U» Cl«pii| Sate W- fHI Ml# I— «T» S4fcr CV W ABNAmroNLG 56c 9 12 14 1388 20.5 9 ACE Dynamks20c 11 -OS 28 11.5 11
    5,338 words
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    Lock icon SGX XTRANET
    63 18 Lact Val Day UMQmM GXHd Mr btW MM MCm M» t— Crnmrnt M« w- f| M0i L—r »»r« i*t Cw Pd t3 ***** Dumontfe US8780cfl S240 2700 IS DJ US Tech *****0 S7S 5SS ISMSCISpore ...USS5S "880 BOO rSSWSOO US8270 ***** 8280 SFMS US828C 1805 1370 snrmoo 1387
    63 words
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    Lock icon SGX SESDAQ
    1393 18 51-818 U« V* Dm, LaatQwrte GrOW M> OrVM MM MCw t— Wit W- rwi I—I Lew —y Cw K yj 22 73 ABKHMgsSc W 9 105 193 243 IS APOrfJc 175 17 U S 115 14 7.4 154 58 125 AS Auto 10c 135 *05 S7 135 12.5
    1,393 words
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    Lock icon CLOB INTERNATIONAL
    327 18 U4M Lai *1 Of lartQwttt Grt>* M» GrVM MM MCjb t— S*» W- ri m+ Um t*m umrn Cw >« fcJl IIS 80 AVJenrnngs A2Sc A98 -1 39 98 97 98 99 40 3.4 102 57 2109 Cathay Pac 20c MK720 265 2.1 7.4 6 *****2 0wt*igltang50c HKI780
    327 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      272 18 CRYPTIC CROSSWORD 1 Accepting teams that are ranging themselves with one HK MB HH Bj| 7 Midlands town taking raw I I I I I I I I 1 I I I material to Scottish town (7) TBl TBl~~ 8 Lady by Lake Superior in the 1 Gloomy journalists in
      272 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Rethinking exec compensation
      1503 19  -  rffmmatters A look at what corporate boards can do to align executive pay to company fundamentals, while at the same time attract and retain talent Bu Na Boon Chong, Rahul Batra EXECUTIVE compensation is in a state of flux worldwide. Declining markets and corporate scandals have led
      ADAM LEE/ST  -  1,503 words
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      83 19 Where to wine, dine and entertain... World of Exclusive Privileges Treats I Famous (ik) Tradition xgy Raw Fish g| Salad Spring Court The Oldest Chinese Restaurant in Singapore since 1929 488, Upp East Coast Road Singapore *****0 Tat: *****030/*****036 gfe Advertise in Wine, Dine Entertain of The Business Times. M
      83 words
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      Lock icon Page 19 Advertisements Column 2
      82 19 1 I Spring Time at 1 Hotel Hem Otaoi 1 8 4 to 15 Febniarg 200) 8 3c TH£ KIVEKTEMAC£ (Uml 7) jMj Te1:6433 H Lunar New Year Lundi $23*** (A**) $12*** (Chid) K Linr New Year Drrar $2T** (AAA) $16*** (CMd) K 3£ Salmon 'Yu Shenj" $28*** (Smrf) $48***
      82 words
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      Lock icon Page 19 Advertisements Column 3
      125 19 wW Hi Skeeg (2* 30 |m) lunch: $27 80 (AdiJt), $17.50 (Chief) Dinner $29.80 (AcMt). $18 (CNId) wlSTta Skoq (3^s*)"°"" Lunch 27.80 (Adult). $17 (Chid) Dinner: $36J0 (A<Wt). $22 50 (CMd) Lunch: 27 (AduN). $16.50 (Chid) Dinner $29 (Addt). $17 50 (Olid) For ttxrmboru, pie** cJL 1800-299 9011 or 6290
      125 words
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      88 19 -i*i rss* Try our most popular Windsor Seafood Kway Teow or Windsor Beef Kway Teow I@s6.Po+++ Served with special black bean sauce it CSS i» —-42&* Mon-Fri: I Lunch from 11-30 am onwards Lunch 11.30 am 2.30pm Japanese Bento Sushi Delivery I sushi Japanese Bank) cau6253 077^] Weekdays 9*5-90" (AM)
      88 words
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      Lock icon Page 19 Advertisements Column 5
      140 19 n MERITUS MANDARIN SINGAPORE T *•*7 V A MEMORABLE CONCOCTION Book a date with us at Top of Che "M" Revolving Restaurant (13 Feb) (14 Feb) $118+^ Triple 3, The Buffet Restaurant S7s+++ The Mezzanine Gate Har S4B' Pine Court Chinese Restaurant <66*«< (set tinner) (aboveprices arefor per person) Reservations:
      140 words
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  • THE achievers
    • Article, Illustration
      Lock icon A trail blazer in macroeconomics
      1274 20  -  At 70, Edmund Phelps is working at the same pace as he always had, reports Annn Teo Anna Teo AS a young boy, Edmund Phelps spent many an afternoon by the main road in his New York suburban neighbourhood, writing down the licence plate letters
      ARTHUR LEE  -  1,274 words
    • Article
      Lock icon Evolution of natural unemployment
      502 20 HAS the "natural rate of unemployment" gone up around the world, and why? Do economists still talk about the natural rate? "Yes I do, and most people do," says Edmund Phelps. "It's a little tricky, because you have to decide precisely what you mean by the
      502 words
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      34 20 rm a Philip Gunter ft Explorer y When I was 5 it was family vacations with my parents At 35. family vacations with my kids Now I'm going where everyone isn't y f I
      34 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      264 21 Reuters THE Baltic Dry Index rose 19 points to 1596, the Baltic Capesize Index rose 34 points to 2059, the Baltic Panamax Index rose 22 points to 1676 and the Baltic Handymax Index rose 26 points to 9488. TIME-CHABTER: Tian Yang Hai (built 1997) *****9 dwt delivery Shanghai
      Reuters  -  264 words
    • Article
      Lock icon MARITIME STOCKS
      273 21 MX '000 f»w a w CWT Distribution 0.70 unci) 0 Chow Hup 0.45 unch 323 Cosco invt«tm*nt 0.19 unch 10 Fralght Links 0.03 unch 37 CB Holdings 0.56 -0.03 18 Jay* Holdings unch 738 KappalCorp 3.64 -0.04 1837 K1 Varrtura 0.14 unch 197 KappalTal* 0.82 -0.02 12 Labroy
      273 words
    • Article, Illustration
      Lock icon US worked with IMO on maritime security measures
      727 21  -  -ii exclusive Many earlier US initiatives adopted by UN agency: maritime official By Beth Jinks [SINGAPORE] The International Maritime Organisation (IMO) has credited the US Coast Guard with initiating many of its new global security enhancements, rejecting earlier speculation that the United
      US CUSTOMS  -  727 words
    • Article, Illustration
      Lock icon Oil removed from grounded tanker
      93 21 [COPENHAGEN, Denmark] Oil being transferred from the Bahamas registered single hulled oil tanker Acushnet to the Danish tanker Situla on Sunday at Hatter Barn in Kattegat, between the Danish mainland Jutland and the island Zealand. The tanker ran aground on Friday on its way through
      AFP  -  93 words
    • Article
      Lock icon Seamen escape from pirates
      168 21 AFP [TBILISI] Six Georgian sailors held hostage by pirates in Somalia for more than six months made a daring escape on Sunday and are now headed for the Yemeni coast, reporters in Tbilisi said. The sailors, taken hostage aboard the Greek oil tanker Jenlil last July,
      AFP  -  168 words
    • Article
      Lock icon Romanian port reopens
      74 21 Reuters [BUCHAREST] Romania reopened its main Black Sea port of Constanta on Sunday, after having closed it the previous day because of strong winds, officials said. "The wind slowed to 30 km per hour, and activity in the port is normal," a Constanta port official said. The
      Reuters  -  74 words
    • Article
      Lock icon Sembawang yard wins $34m deal
      233 21 [SINGAPORE] Sembawang Shipyard has clinched another major conversion contract, this time a $34 million job to outfit and commission a pipe-laying barge for Consolidated Projects Ltd. The contract comes just as the shiprepairer's parent SembCorp Marine reported full-year net profits of $92 million for last
      233 words
    • Article
      Lock icon PSA's throughput volumes down in Jan
      210 21 [SINGAPORE] Overall container volumes handled by PSA Corporation were pulled down by its overseas operations, dropping 7 per cent in January to 2.11 million TEUs from December, according to the global terminal operator's latest throughput figures. While its Singapore operations recorded only a marginal
      210 words
    • CORPORATE focus
      • Article, Illustration
        Lock icon PIL: a small private company scores big
        1177 22 Founder Y C Chang reveals secret of Singapore shipping line's success PSA Corp PortView CHINA was of little interest to foreign businessmen in 1967. The country was deep in the grip of the Cultured Revolution and the economy tightly controlled by the state.
        PSA Corp – PortView  -  1,177 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      115 22 PAGE BSA 6 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 China Shpg 5 Cougar 5 CWT Globelink 6 Delmas 4 Dongnama 3 ECL 3 Foong Sun 5 Gemartrans 4 Goodway 2 Hangli 4 Hyundai 4 Heung-A 3 IRISL 5 Kapal Kris 4 Kien Hung 5
      115 words
    • Article
      Lock icon SHIPPING GUIDE
      11061 26 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnst* Voyage Talaphona ETA ETA AdvartiMf Vnw< Voyagt Tattpftona SIN Dast'n Nam* Nam* Numtoar Numbaf SIN Dast'n Nam» Nam* Nwntoar Numbar 06/03 02/04 UASC NAJRAN C232W *****2*4* To ABIDJAN (ABJ) 2003 Cot* D'lvoir* n/03 25/03 COSCO oiyunhe 034W *****41*00 «/02 03/04 CMA CGM
      11,061 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        601 29 Vessel Voy No Berth Arrival Departure JURONG PORT/CONVENTIONAL CONTAINER TERMINAL EF 23 024 J2 A/SIDE 11/02 0630 N API LI 1 J 5/6 A/SIDE 11/02 0600 NEW GUARDIAN 3 J4/5 A/SIDE 11/02 1800 NIC0 3 1002 J24 A/SIDE 11/02 0630 NUSAJAYA 01/03J J2 A/SIDE 11/02 0630 SANOIDEWA 14
        601 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1872 29 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr A P MOEllER 0303 0303 1 12X12/*****400 12/02/2003 11 DO K12 ACX DAHLIA 058N 058N 1 11X12/2003 2300 12/02/*****900 T02 AO RAFFLES 074S 074S 1 11/02/*****800 11X12/2003 2000 T03 AEGEAN
        1,872 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        138 29 Feb 11 Japan: Nat Foundation Day. Feb 12 Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Indonesia: Hari Raya Haji. Brunei: Hari Raya Haji. Feb 13 Malaysia: Hari Raya Haji. Feb 22 Philippines: EDSA Revolutior Day. Mar 24 Brunei: National Day Mar 1 Korea: Independence Day Mar 3
        138 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        791 29 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices Tor a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        791 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        496 29 Carton 180 Mai 963 8 0.4 B.I 0.07 37 0.04 Jan 30 Duaitt Hater IhMh AshAhMMniua Stdiant No atove E25 0 0 I 0 0 0 rTZ 380 Ave 983 9 02 13J 0.05 22 0.02 txna 380 Mi. 994.4 2-0 18.2 0.09 S3 0.07 «Wi
        496 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon An Iraq war could derail aviation recovery: Iata
        664 30  -  Impact on shaky industry will be worse than Golf War's, says chief Reports by, Beth Jinks [SINGAPORE] War with Iraq could scuttle the slow recovery of the aviation industry and will have a more devastating impact than the Gulf War did a
        FILE PHOTO  -  664 words
      • Article
        Lock icon Asia Pacific shines in midst of gloom
        343 30 Region's strong aviation growth backs worldwide trends [SINGAPORE] The global aviation industry has still not fully recovered from the devastating impact of Sept 11, attracting less freight and passengers last year than in 2000. However, the silver lining remains Asia Pacific, which again
        343 words
      • Article, Illustration
        Lock icon Aeroflot's new logo will not have hammer and sickle
        406 30 It's overhauling image, training staff for better service Reuters [MOSCOW] By the end of this year Aeroflot's logo win no longer bear the hammer and sickle a symbol of the Soviet era most of Russia dropped over a decade ago. But
        Reuters; FILE PHOTO  -  406 words
      • Article
        Lock icon Indon carrier Garuda reports pilots to police over strike threat
        420 30 AFP [JAKARTA] Indonesia national flag carrier Garuda yesterday reported its pilots' association to police following a threat to disrupt services over a pay demand. The airline's move to report the threatened industrial action to police earned a swift rebuke from
        AFP  -  420 words
      • Article
        Lock icon Air NZ to stop Sydney-LA service at end-April
        208 30 Bloomberg [AUCKLAND] Air New Zealand will stop flights between Sydney and Los Angeles at the end of April to free up aircraft for more profitable international services. The service from Australia's most-populous city to the US was one of the company's least
        Bloomberg  -  208 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1875 30 cm man ra rutm cm uun km so26 23m mm* um am 7 um bh $0229 2245 M7306 825 ****** 2359 tatartoi 1023 0635 6**74 01)0 ***** 835 inn inn Mwli MM MS WW WO S824 2345 N8l— IW53 KB MM8 IMP Ml— SQ347 MM twptw
        1,875 words
  • Page 21 Advertisements
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      463 21 An Iraq war could derail aviation sector's recovery: lata BackPage PIL: small company scores big Page 2 AWARDS fVOn GERMAN carrier Lufthansa received g top awards from America's Onboard m Service Magazine for its outstanding |M| infHght service. The airline won three first prizes and two second prizes in categories
      463 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      520 22 1 import I NORTH AMERICA I 11 GULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS ~(SSX} |QULF KARACHI EXPRESS (QKX) 1 VPSa VOT IGO I*""" StH PKG *«Sa I VQT «A DM W ooamuM S6WO4 30/01 14/02 is 0? nonbuotdmmm <m 31/01 01/07 03/02 is/m i""* /W 02/03 04/03 PtO NBUOTD DAMUM OOE
      520 words
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      Lock icon Page 22 Advertisements Column 2
      672 22 Lines services represented by Members of tbe Reg lS *y of Members of ibe &0| Accredited Sbippng Agents, logistics Singapore Shipping Association www Association g ULY UNE MALE Amsa vor eu eu eta t. KIANG SfOtt WAU Princess Uly 0203 26/02 27/02 08/03 Empress Lity 0203 16/02 17/03 25/03 Princess
      672 words
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      1070 23 TO USA (SAX SERVICE) VESSEL VOY SIN ETA UU OAK DAI HOU CHI COl MM ATI NYC Aft ENGLAND 1161 12/02 27/02 03/03 04/03 04/03 04/03 04/03 04/03 07/03 07/03 ATI CANADA 11IE 19/02 06/03 10/03 11/03 11/03 04/03 04/03 04/03 07/03 07/03 API SCOTLAND 1151 26/02 13/03 17/03 11/03
      1,070 words
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      Lock icon Page 23 Advertisements Column 2
      1613 23 DIRECT CALL 10 ftHflMtft 4 DAYS 10 ROOMSONIO tll-M SAUS/M6S TIL *****157/43 NUL *****3? 1/14 COSTAR SHIPPING PTE LTD «"GAro«io4iBw outwuooa) MIOSMI twun/rs I awfimmOMM TtL 4774 IWO (HAM) MWAIO (0/0) *****714 *****119/44 I BANDAR AIBAS 12 DAYS T/SMPKP *****17S *****114/44 JOMOt'SOmO: COHVIHTKMAi *****450 *****101 I (OSUI A6WOCS (Ml SOW
      1,613 words
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      Lock icon Page 23 Advertisements Column 3
      682 23 lYssa jvESsa vor sin skg jr lllft2 I \yi iWI I K Q 1 7 !Q I Jl ham zms is7r~ 55 n/? GAKttIHUM M 073 121/7 ?t/7 27/2 4/3 6/3 8/3 LIU BHUM 29SS T7/7 25/2 24/2 iHtmSAHimi 1 R042 1 21/2 I S/3 1 4/3 11/3 13/3TW HI
      682 words
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      803 24 /mmP I HYUNDAI MERCHANT MARINE CO., LTD. HL.p.p: wwwi—2),... 01 NO. HM7MOOOOH |vbsb vot "aE" sou i» mi ant hao Itv I fvcsa vot sou lih oto amt ham m si HTMDCKMMHa 317W 10/0? 04/03 16/07 21/0? 07/03 MOiruOtfn 0041 24/01 25/01 M/ 01 22/01 M/ 02 API HONGKONG 103W
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      1288 24 WAN HAI NTERNATIONAL PTI LTD aK* i«trooooo/t I A TE;6226ISM (14IMS) FAX:*224ll*3 VmWAN HAI LINES sssas»sr.!s!i£s;is-. W«:W)SI«RINUL«7|BIM2ISH«:ini)»*M7MNb|ni|SfZrM/»*IJK Ba. *ii)iB4i«U:vii»o«naa:n*ai/7itßi Nuknun 1 ■■:|»I|4iyiM:»H)4ISWB/4IOW mk uo it ik» wt wrrns wo twbwwow Iwrenn nil nnv —inr-nw nm r*t~Kxr Km Ml 7X3 mn ISIVB IW? JW? M M M M vm Km IM
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      680 24 I® SUMFu&e WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO AU. NORTHERN AMD WESTERN ICO POINTS vpsa vot mi pxiamg guMo m.s«¥a rmo—r wwimwMOtt oiow urn iiib it fa na aw nsmsTti soiim i;fa ma nra xw oimm Towßmott iiouw ?<f« Hfft mm <k mm m*i mrmm rmu C3mm is mm
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      1131 25 IVtSSIL VOY KHH HKO SIN WU DXS PMM Mt M.V. UNDAVIA PCL 298 12/02 13/02 16/02 17/02 24/02 25/02 06/03 08/03 IRAN KERMAN PCL 299 19/02 20/02 23/02 24/02 03/03 27/01 12/03 14/03 IRAN ISFAHAN PCL 300 25/02 26/02 01/03 02/03 09/03 10/03 It/03 20/03 IRAN HORMOZGAN PCL -301 DRY-DOCKING
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      454 25 j t UK CONTINENT SERVICE Loadmg (or ORIGINATOR RDM/ATW/BMNAJK/NAN Loads Sngapore. E/W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading tar MADRE DBl/ABU/DOH/BRN/DMM/KWT MARITIME FAITH ADN/MDO/JDH VOYAGER V DBl/ABU/DOH/BRN/DMM/KWT IxmH Singapore E/W Malaywa. Indonesia USA SERVICE Losing tar NAUTIC CONFIDENCE CAM/NFK/SAV/NOL Toads E/W. Matayaa. Indonesia F.E./S.E.A. SERVICES Spore Loacftngtor MARITIME VICTORY INC/BSN •Loads
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      771 25 jassa xsx m est jbssb mi m m mm rm SZIL_ iKM Z22i »/oi 01/02 mm ifi/oj I_mueiii um tzzu uzc PKOAHPA *74* 01/07 02/02 _2«fJAU fflZ Ot/H JStJMBft SIZ» HZI2 M/W F»ciwi>ii ti»7 w/w _Jj/07_ JMJIBA 00 7 Ml 44/52 M/W UMt» 0077Q 05/02 00/02 M7W I- o*/ M
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      212 26 l^ K Y Q W ALI NE Vii Vmy ih N««i|ldyi|<—i Ywy Kww IV»fc Kiwm DUj— California Senator 951E 11/02 20/02 26/02 27/02 California Senator 951E 11/02 26/02 08/03 10/03 11/03 London Senator 954E" 18/02 26/02 08/03 TO/03 11/03 London Senator 954E" 18/02 12/03 23/03 25/03 27/03 London Senofor 1170?
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      212 26 CWT GLOBELINK PTE LTD i *1 W OWN Off/CIS IN TEL.*****833 (3§ LINES) FAX:€ *****42 t m SYDNtY MiLBOUHNtKNAHG-fOHT KCLANG *AU* GUDANG KUCHING BANGKOK KAHACHI BOMBAY I NCW OCLHI COLOMBO HO CHI MINH CITY HAIPHONG HANOI BHCMCN HAMBUHG TIANJIN QINGDAO SHANGHAI-XIAMIN FUZHOU-OAIIAN-XIAN-BCIJING-SHI MA ZHOANG I WEEKLY DIRECT GROUPAGE SERVICE TO
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      261 26 MYANMA BBS FIVE STAR UNE (MT—II NcliMd UM) U«*f Ur YafM vessh vot SM m ra r« OM sum UN MW SLD MGM OMW SU M MALA T SI A: IOUSTIAfi SHIFTING MEMOES KUL 03-*****3 M PIL 03-317M101 fEN: 04-2****** i«| BANK LINE (A tf »kt >1 Aairw W«k S%fit)
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  • Page 29 Miscellaneous
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      127 29 t/M REGIONAL WEATHER WOkM V FOR 7AM 11 FEB 2003 legend: Issued^by Meteorological^ Services Divf^^^NEA R Thunderstorm A Showers ,X\ Ratn emperature C Wind direction and speed in knots Cloudy Day Wea,her Winded symbols Sea Condons O Full circle w/o line indicates calm or light and variable winds -—One half
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      28 30 BASIC SAFETY TRAINING For more details about our STCW courses, please visit our website: www.sma.sp.edu.sg or contact Ms Balvinder Kaur, Tel: 6772 1817 Fax: 6772 1958 E-mail: Bkaur@sp.edu.sg
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