The Business Times, 17 February 2004

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Total Pages: 24
1 24 The Business Times
  • 15 1 MITA (P) 024/03/2003 THE BUSINESS TIMES SING.APORE Internet: http://business-times.asial .com.sg TUESDAY, FEBRUARY 17, 2004 85¢
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  • 508 1  -  COMMENTARY More mass-market projects could jumpstart sales, but would also hamper price hikes By Kalpana Rashiwala [SINGAPORE] Just a couple of weeks ago, at their annual Chinese New Year gathering, property developers cheered the fact that the government won't resume land sales. They
    508 words
  • 464 1  -  Debt newsletter says bond issue of up to US$3b could take place in Q2 By Wong Wei Kong [SINGAPORE] Just a few days after it announced plans to seek a credit rating and raised the possibility of tapping the debt market, Temasek Holdings
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  • 365 1 His RM14b worth puts him ahead of Ananda Krishnan as M'sia's richest AP, Bernama [KUALA LUMPUR] Tycoon Robert Kuok Hock Nien is Malaysia's richest man, based on the value of his stakes in publicly listed companies, the Malaysian Business monthly magazine reported
    AP,; Bernama  -  365 words
  • 674 1  -  It proposes big dividend jump and sees a good year ahead By Serena Ng [SINGAPORE] Homegrown electronics wonder Venture Corporation yesterday posted a record net profit for a 14th straight year, as annual revenue powered past the $3 billion mark for
    Source: Bloomberg  -  674 words
  • 73 1 SYI M>U> (-2.68) ST INDEX FUTURES 1*866.00 (unch) nsnwsci MM 226.72 (-0.58) 6IMSCI FUTURES 226.60 (-0.80) Monday Change KLSE COMP 828.17 +2.26 NIKKEI 225 *****.72 -857 HANG SENG 13,***** +91.73 SET INDEX 738.92 -16.26 JAKARTA COMP +2.09 MANILA COMP _1,464.99 -15.78 TAIPEI WPI *****7 +16.19 SEOUL COMP 881.28 -050
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  • 73 1 FOREX RATES U8$ 8$ USS (S$ per USS) 1.675 £(l'SS/SS per 1.886 3.160 EURO(US$/S$/E). 1.274 2.134 YEN 105.5 63.00 RM 3.800 2.269 HK$ 7.769 4.638 BAHT 38.94 23.25 RUPIAH 8388 5,008 RENMINBI 8.299 4.955 INDIAN RUPEE 45.26 27.02 AS 1.265 0.755 NZ$ 1.421 0.848 PRIME RATES SINGAPORE 5.25 MALAYSIA
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    • ON THE grapevine
      • 184 2 BACK in 1978, a New York Times article claimed it was possible to predict the direction of the stock market based on who won the Super Bowl. The theory was that if the winner was from the old National Football League, Wall Street would rise; but if the
        184 words
      • 134 2 THE words look English, but as all Fed watchers will attest, any statement or pronouncement from the US Federal Reserve more often than not is quite Greek. Lehman Brothers' chief US economist Ethan Harris, who was in town last week for a conference, provided an English
        134 words
      • 121 2 THE whitehouse.com website one of the best examples that the Internet isn't always what it seems is getting out of the pornography business. Its owner says he's concerned about what his preschool-age son might think. "He'll be going to kindergarten next year," said Daniel Parisi,
        121 words
    • 521 2  -  BT exclusive Amicus has 3 bank clients, exclusive arrangement with law firm Wlaw By Siow Li Sen [SINGAPORE] Newly established mortgage broker Amicus Mortgage Works has sewn up some $30 million in home loans in less than four months. Located in
      521 words
    • 870 2  -  Banks say reforms won't change credit assessment much By Joyce Koh, Andrea Tan [SINGAPORE] The Monetary Authority of Singapore (MAS) is leaving it to the banks to assess how recent wage reform recommendations would affect their credit card and housing
      870 words
  • Page 2 Advertisements
    • 445 2 Swaps Work! An appreciation of the workings of swaps in different markets Thursday, 11 March 2004 Time Highlights 9.00 am to 5.00pm Anatomy of a swap details in a swap transaction Sampling common swaps the Interest Rate Swap, the Overnight Index Venue Swap (OIS), the Asset Swap, the FX Swap,
      445 words
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      174 words

  • SINGAPORE companies
    • 521 3  -  Market talk caused stock to plunge 8% before recovering a little to close day with 6,8% loss By Wong Wei Kong SENTIMENT on Datacraft Asia took a knock yesterday when rumours later denied of a raid by the Commercial Affairs Department (CAD)
      Source: Bloomberg  -  521 words
    • 439 3  -  By Andrea Tan CONTINUING its recovery from an airline industry slump, Singapore Airlines chalked up another rise in passenger load in January, its sixth straight month of year-on-year increase. Passenger load factor for the national carrier rose 2.7 percentage points to 79.3 per
      439 words
    • 694 3  -  HOCK lock siew r sivanithy THE question of what constitutes good corporate disclosure is one that has occupied the minds of regulators, company bosses, analysts and even journalists for many moons. To most, good disclosure means fostering open communications with investors, the media and
      694 words
  • Page 3 Advertisements
    • 284 3 BBa Find out how at the Microsoft CRM Launch. No more prolonged implementation, high training costs and messy maintenance. Now with the new Microsoft CRM, every SME can make informed decisions, provide exceptional customer service, and enjoy better customer relationships. What's more, it's simple to deploy and use. So for
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    • 6 3 your eyes Ut yow»tf t» dtgyn
      6 words

  • SINGAPORE markets
    • Article, Illustration
      524 4  -  Compiled by KENNETH LIM Asia Pacific Breweries Feb 16 dosing: $7.25 THE group's strong pan-Asian footprint has once more helped underpin a sterling set of earnings. The bird flu epidemic will cause short-term uncertainty in Asia and could lead to further consolidation in the beer industry, thus strengthening
      Source: Bloomberg  -  524 words
    • 307 4  -  HOT STCK WARRANT By R Sivanithy JUST two months ago, covered warrants were seen as the best thing since sliced bread. Issues were snapped up within minutes of being launched, and issuers routinely had to expand issue sizes to cope with demand.
      Source: Bloomberg  -  307 words
    • 495 4  -  BT comment STOCKS r. sivanithy TWO features stood out yesterday. The obvious one was that although penny stocks had been the market's leaders over the past month, they are now among the biggest losers not surprising given the heights many had scaled. The
      Source: Bloomberg  -  495 words
    • 628 4  -  BT comment CURRENCIES UK pound, euro worse off after attempting fresh highs larry wee US DOLLAR sellers appeared a little less sure of themselves in Asian trading yesterday, after the greenback managed a decent recovery despite some horrid US numbers announced late last week.
      Source: Reuters  -  628 words
    • TRADES TO WATCH
      • 99 4 US FUND manager Fidelity Investments reduced its deemed holding in Datacraft Asia from 6.97 to 5.9 per cent through the sale of about five million shares in the open market from Jan 30 to Feb 12. Shares of the networking and communication systems integrator, which
        99 words
      • 90 4 l Hh executive chairman of Broadway Industrial Group, Wong Sheung Sze, had another 185,000 of his shares sold in the open market at 27.77 cents apiece on Feb 12. The shares sold were "under charge by chargee", a filing from the company said. The sale reduced
        90 words
      • 66 4 AN executive director of building and construction group Chip Eng Seng Corporation, Yeo Siang Thong, sold 9.71 million warrants in the open market at an average price of 3.11 cents apiece on Feb 12. He still holds 291,000 warrants. Chip Eng Seng's shares closed
        66 words
      • 58 4 Value Partners boosts Bee Otek stake FUND manager Value Partners has increased its deemed shareholding in Elec Eltek International Company from 5.04 to 6.07 per cent following purchases of 1.51 million shares in the open market on Feb 12. Shares of the company, which is one of China's largest printed
        58 words
      • 108 4  -  Compiled by SERENA NG THE chief executive officer of Asiatravel.com Holdings, Ang Eu Khoon, exercised options for 180,000 shares at 20 cents each on Feb 11. The move raised his direct holding in the hotel reservation and travel service provider from 0.46 to 0.56 per cent,
        108 words
    • Article, Illustration
      419 4 OTHER SINGAPORE INDICES Feb 16 VALUE CLOSE BTOB/OS -189.00 -191.00 BTCAM -*****.00 -133.00 BT 10-day MA -*****.00 -19.00 AH-SG Equtties 503.87 -2.11 SG Equities Elect 182,28 -K).50 SG Equities Fin 1561.29 +1.52 SG Equities Prep 465.76 -1.33 SMSCI 226.72 -Q.58 SflMSCI Futures 226.80 -0.80 Stocks Volume Bio-Treat HK40c 161,607.000 UnitedTAC
      419 words

  • SMALLcaps
    • 774 5  -  Analysts who track the sofa-maker expect it to hit its shareholder's net profit target for last year easily and even exceed it, says LOH HUI YIN LOH HUI YIN WILL leather sofa-maker HTL International be able to meet or even exceed the $23.7 million net
      Source: Bloomberg  -  774 words
    • 407 5  -  By Teh Hooi Ling THE super performance of HG Metal in the past five trading sessions helped prop up the performance of our small-cap portfolio. Riding on buoyant marine demand and steel prices, the share price of the steel trader and manufacturer has
      407 words
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  • SINGAPORE companies
    • 234 6  -  Increased costs in Q4, conservative accounting cited By Taila Krishnakumar AMID what looks to be a strong earnings season unfolding for 2003, some companies are still warning of losses. Superior Multi-Packa-ging yesterday issued a warning citing increased costs in its fourth quarter and its conservative accounting
      234 words
    • 429 6  -  It plans to exceed capital spending of $55m to expand facilities in China By Kenneth Lim RIDING the outsourcing wave in the consumer and telecommunications industries, recently listed contract manufacturer Hi-P International said net profit for the year ended Dec 31, 2003 doubled to $36.6
      ARTHUR LEE  -  429 words
    • 308 6  -  By Kenneth Lim AZTECH Systems has finally steered itself out of the red sea. After five straight years including the almost $18 million deficit in FY2002 the Sesdaq-listed multimedia products and computer peripherals manufacturer yesterday posted pi Sffin for the year ended
      308 words
    • COMPANYBriefs
      • 50 6 SESDAQ-LISTED Axis Systems Holdings, a regional developer of customised front-end banking software solutions for financial institutions, said net profit rose 28 per cent to RM10.3 million (S$4.5 million) for the six months ended Dec 31,2003. Group revenue rose 42 per cent to RM17.1 million.
        50 words
      • 109 6 THE Housing Development Board yesterday launched two series of bonds, each $250 million, under its $7 billion medium-term note programme. The first is a five-year issue with a fixed coupon rate of 2.42 per cent a year while the second is a 10-year issue with a fixed
        109 words
      • 34 6 CRANE leasing group Portek International has clinched six contracts worth $22 million. About $17 million of the contracts—which involve projects in five countries—will be recognised this financial year.
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      • 27 6 YHI International Limited has signed a distributorship agreement with Hitachi Storage Battery (Dongguan) to distribute automotive batteries for the entire China market.
        27 words
    • 342 8  -  Fannie Mae sold S$400m in five-year bonds By Joyce Koh IN what is said to be the largest Singapore dollar bond offering by a foreign issuer, the largest US mortgage finance company Fannie Mae has sold Ss4oo million in five-year bonds. A Dow
      342 words
    • 652 8  -  A fund manager likes Irevo, Norelco, Redtone By Loh Hui Yin MOVE over, Venture Manufacturing and Jurong Engineering. Even Hong Kongbased retailer Esprit which has just reported a 53 per cent jump in net profit to HK$BB6 million (Ssl9l million) for the six months ended December
      652 words
  • 3347 6 UNIT TRUSTS FUNDS Com Global Finance Index Fd 0.991/ Com Global lifestyle Index Fd 0.9M/ Com Global Health Index Fd 0.903/ ASN Amro Asset Mgt (Spore) Com GlobalTelecom IndetFd 0.51 4/ Star Europe Eqty! 0.77V Com Global Wotec Index Fdl" 0381/ Star Europe Bond 1291/ Com Glotal Enei® Index Fd
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    • 326 6 UNIFIED COMMUNICATIONS HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 27 December 2002) Invitation in respect of 73,500,000 ordinary shares of Sso.oB each comprising 38,000,000 New Shares and 35,500,000 Vendor Shares as follows:(1) 8,000,000 Offer Shares at 550.28 for each Offer Share by way of public offer; and (2)
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  • Page 7 Advertisements
    • 33 7 |tAMB03G^| V Lamborghini Singapore Gallardo. Unleashed. P '11 H IS r Authorised dealer Automobili Lamborghini EuroSports Auto Pte Ltd 30 Teban Gardens Crescent Singapore *****7 Tel: (65) 6565 5995 Fax: (65) 6567 5515
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  • Page 8 Advertisements
    • 114 8 SMITH BARNEY SELECT SERIES Smith Barney Select Equity Dividend Portfolio '04 'v •m < j ''lly. X P"" Two attractive returns. I One rewarding investment.! i Enjoy potential capital growth and dividend income with Smith Barney Select Equity Dividend Portfolio '04 Capture potentially attractive returns on a resurging U.S. economy
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    • 186 8 LO PPP Conference 2004: Regulation, De-regulation and Re-regulation in Globalizing Asia *****.00 (inclusive of 5% GST) 771 22-24 March 2004 Swissotel Merchant Court Singapore www.fas.nus.edu.sg/ppp/conference S-U Executive Programme on E-Government: X| Cross-Boundary Information Technology Leadership: Entering New Territory Uwith John F Kennedy School of Government, Harvard University f/. *****5.00 (inclusive
      186 words

  • SINGAPORE news
    • 372 9  -  BT exclusive CityDev said to have secured tenant amid stiff competition from many new buildings By Kalpana Rashiwala WILL IBM Towers be renamed Fuji Xerox Tower? There's a real chance of that happening now that Fuji Xerox is said to have inked
      FILE PHOTO  -  372 words
    • 207 9 TRADE and Industry Minister George Yeo will visit India this week at the invitation of the Indian Minister for Tourism and Culture, S Jagmohan. BG Yeo's trip, which starts tomorrow and ends on Saturday, will focus on promoting tourism cooperation. This
      207 words
    • 262 9  -  EYE on the economy retail By Uma Shankari RETAIL sales excluding vehicles were down 2.5 per cent year-on-year in December 2003, according to the Department of Statistics. But total retail sales in December, including vehicles, were up 11.5 per cent to an
      Source: DOS  -  262 words
    • 410 9 US BROKER Morgan Stanley, which has been counting on a "domestic fillip" for the Singapore economy for many quarters, now reckons that structural prospects for domestic demand "appear fairly dim". Nonetheless, it has upgraded its forecast of Singapore's 2004 economic growth to
      410 words
  • Page 9 Advertisements
    • 13 9 Call 1800 289 8822 or email reavH@sph.com.sg for your recruitment solutions E3533i3 I
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  • FOCUS property
    • 372 10  -  It is expected to fetch 20 per cent less than indicative price in 2000 By Andrea Tan FABER Hills condominium is back on the en bloc track. This time the freehold development at West Coast Park is expected to fetch about $100
      372 words
    • 640 10 LONDON Reuters A BRITISH charitable foundation is converting its extensive London apartment property holdings into an investment fund, which could become one of the UK's first residential real estate investment trusts (Reits). "I think we'll have a vehicle with around £300 million to
      Reuters  -  640 words
  • Page 10 Advertisements
    • 268 10 I EE Debenham ■B Tie Leung s-ij— 4t SMnMRMwI ROfQPI Mortgagee Sale By Tender Strata Car Parks At Chinatown Within Peoples Park Complex Approximately 168 lots (estimated) Strata Floor Area: 4,666 sq.m. approx. 99 years from 25 March 1968 Easily accessible via lifts Tender Closing: 17 March 2004, Wednesday, 4pm
      268 words
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    • 125 10 Exclusive Freehold Residential cum Commercial Site at Serangoon Road For Sale Total Site Area 66,263 sq ft /Ca Plot A: Zoned Residential, /AF I PR2,aUpto 16storeys /oi Plot B: Zoned Commercial, PR 2.8, Up to 8 storeys earßoon^ n9 f I For farttwinformation, please contact Ms Soon Su Lin/ Uau
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  • REGIONAL news
    • NOTEBook
      • 104 11 Reuters [KUALA LUMPUR] Malaysia's prime minister yesterday quashed speculation that parliament would be dissolved at the end of this month to pave the way for a snap general election, the Bernama news agency said. Prime Minister Abdullah Ahmad Badawi, who came to power in
        Reuters  -  104 words
      • 68 11 Reuters iu ajvak i aj inaonesia s statistics Dureau saia yesterday the country's gross domestic product (GDP) grew 4.1 per cent in calendar year 2003, against a median analyst forecast of 3.9 per cent, and actual 3.7 per cent in 2002. The statistics bureau
        Reuters  -  68 words
      • 101 11 Reuters [BANGKOK] National carrier Thai Airways International posted a 24 per cent rise in quarterly net profit yesterday thanks to a buoyant tourism industry, but a foreign exchange loss it blamed on volatile currencies surprised some analysts. Thai Air saw its shares fall
        Reuters  -  101 words
      • 109 11 Reuters [KUALA LUMPUR] Malaysian banking tycoon Azman Hashim will not sell a controlling stake in the Arab-Malaysian group, a local newspaper reported yesterday, dampening speculation that a merger plan was in the works. Mr Azman had said last Wednesday that he would sell
        Reuters  -  109 words
      • 106 11 AFP [MANILA] Officials are to lobby the huge US pension fund California Public Employees' Retirement System (Calpers) for it to continue to designate the Philippines as an investment location, Finance Secretary Juanita Amatong said yesterday. Manila has sent the Filipino ambassador in Washington, Alberto
        AFP  -  106 words
    • 474 11 SHANGHAI Construction Bank expected to sell up to US$5b of shares in IPO in next 2 yrs AP Reuters ONE of China's biggest banks plans to cut more than 100,000 jobs, or about one-third of its workforce, as it prepares to sell its
      AP; Reuters; REUTERS  -  474 words
    • 319 11  -  From Eddie Toh in Kuala Lumpur MALAYSIA'S national liner company is set to drop the word "American" from the name of its tanker arm, which it acquired from Singapore's Neptune Orient Lines. The unit now known as American Eagle Tankers could simply be known
      319 words
  • Article, Illustration
    1085 11 Transaction date: Feb 16 INTERBANK CROSS RATES CS Rmb Euro HKS Ind 8$ Ruplah Yen Won RW HZS Pafc Rs Peso S$ Rand Sfr HT$ Baht Pound US$ Australia 1.040 6.562 0.621 6.143 35.789 66.328 0.834 9.153 3.005 1.124 45.326 44.369 1.324 5.238 0.979 26.174 30.788 0.419 0.791 Canada
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  • Page 11 Advertisements
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  • EDITORIAL & opinion
    • 824 12  -  THE bottom line OPINION matthew saltmarsh HAVING just used all the means at its disposal to force the United States to drop its temporary barriers to steel imports, the European Union appears to be moving seamlessly towards joining Washington in imposing its own
      824 words
    • 43 12 'They can't even control the traffic and that's the simplest thing. How are they going to maintain security?' -Riyadh All an Iraqi in Baghdad, on the US occupiers'decision to turn over more responsibility to Iraq's new police and paramilitary force.
      43 words
    • 617 12 EDITORIAL WHEN Ibra closes its doors on Feb 27, the curtain will come down on one of the most controversial chapters in Indonesia's recent economic history. Ibra (the Indonesian Bank Restructuring Agency) was established during the Asian crisis in 1998 to rehabilitate Indonesia's devastated banking sector,
      617 words
    • 1048 12  -  He warns that the rising US federal budget deficit could push up US interest rates and harm the economy soon From Leon Hadar in Washington THERE was a time in Washington when pundits would subscribe to a conventional wisdom about the fiscal policies pursued
      AP  -  1,048 words
    • 433 12  -  COMMENTARY Despite what Bash says, the US jobs scene is grim and getting grimmer By Bob Herbert NYT ONE of the main reasons for the decline in President George W Bush's credibility is the disconnect between the rosy economic scenarios his administration keeps touting and the much more
      NYT  -  433 words
  • Page 12 Miscellaneous
    • 291 12 CRYPTIC CROSSWORD 1 Two pieces of tableware put I PI PI T I PI P into the window (5,5) 10 Insurance for women they work as models (5,5) I I 1 Lacking a partner, has to sing Very worried can rift be 15 East European finding affection in most quarters
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  • REGION world
    • 481 13 TOKYO Partners aim to produce engine for small planes based on Honda prototype Reuters HONDA Motor Co and General Electric Co yesterday agreed to jointly develop and manufacture a new jet engine for small business jets. The pact paves way for
      Reuters; REUTERS  -  481 words
    • WORLDWatch
      • 100 13 Reuters [TOKYO] Struggling Japanese cosmetics and textile producer Kanebo Ltd yesterday scrapped plans to sell its cosmetics unit to top household products maker Kao Corp, turning instead to a government-backed body for aid. Kao president Takuya Goto, appearing angry, told a briefing the cancellation
        Reuters  -  100 words
      • 79 13 Reuters [FRANKFURT] German chipmaker Infineon is in talks over a deal worth hundreds of millions of euros to outsource its IT infrastructure, Financial Times Deutschland reported yesterday. "We are in the process of selecting a partner and are in negotiations over a large deal," Infineon's
        Reuters  -  79 words
      • 90 13 Reuters [TOKYO] Global sales of chip-making equipment rose 48.8 per cent in December from the previous month to U552.59 billion, the Semiconductor Equipment and Materials International (SEMI) said yesterday, citing strong spending by Japanese, South Korean and Taiwanese chip makers. The December figure was up 38.7
        Reuters  -  90 words
      • 73 13 Reuters [FRANKFURT] Germany's Merck will sell its laboratory products distribution unit to private equity firm Clayton, Dubilier Rice for US$l.6B billion in a deal that could transform its business. Merck said the divestment would reduce sales by a third and operating profit by about 10
        Reuters  -  73 words
    • 299 13 SEOUL Bat key issues are still to be resolved, report adds Reuters CITIGROUP Inc is in the final stages of talks to buy a controlling stake valued at about US$l billion in South Korea's Koram Bank from a consortium led by US fund Carlyle
      Reuters  -  299 words
    • 537 13 NEW DELHI AFP CALL it the year of the Indian stock market stampede. Indian companies are racing to the market, seeking to tap an equity boom, in what analysts say will mark the country's biggest-ever slew of share offerings. "Investors are hungry.
      AFP  -  537 words
    • 246 13 LONDON AFP, Reuters AMERICAN sports tycoon Malcolm Glazer has refused to rule out a bid to buy English soccer champions Manchester United. Mr Glazer, who last week increased his stake in the club to 16.31 per cent, said he is considering his
      AFP,; Reuters  -  246 words
  • Page 13 Advertisements
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    • 630 13 0111 toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF GENISTA RESEARCH PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of
      630 words
    • 595 13 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CARDOVILLE PROPERTIES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extroct of the minutes at the Extroordinory Generol Meeting of members of Cordoville Properties Pte Ltd, convened ond held at 20 Cecil Street, 12-02/03 Equity Plaza, Singapore *****5
      595 words

  • 4481 14 Transaction date: Feb 16 HONG KONG Vol HK Exchanges ft Clearing..20.35 0.35 4222 HKS '000 HKR Int'l 3.20 -0 05 4349 HK and China Gas 13.15 0.25 7388 Aeon Credit 6.05 unch 0 Hong Kong Electric 32.80 -0.10 2498 Aeon Stores 5.85 -0.05 150 Hongkong Chinese 1.20 unch
    4,481 words
  • 2215 14 Transaction date:Feb 16 KUALA LUMPUR tS£SS*==3& 2S KM ('000) General Soil ..........................1.26 unch 0 -—Genting 17.00 unch 520 AIM Realty 1.70 unch 55 Gecxge Kant 1.09 unch 80 Abnt .0.78 unch 367 GjobetnxiiqTtch Z~ 225 3 5| A CP Industries 2.73 -0.13 73 Gtorylhd.. 2.95 -0.05 56 Advance Synergy
    2,215 words
  • 728 14 Transaction date: Feb 16 wi___55?_^lSL_— Allgraan 50c 0J8 1.120 -0.010 NMSMi 50c OJC 2. WO CaortaLand 1.20 1.00 -0-020 OCBC 129 12.900 -0.300 Chart SamlCand 26c 1.39 1710 -0050 out 0M 6.850 OtyOavSOc 223 6650 <0.050 Parkway H 25c 047 1 000 -0.020 Comfo<iSataro2Sc U9 0.915 -0-005 Faopta <
    728 words
  • 672 14 BONDS WARRANTS Tal laM Val Com Enr Dtec G-r-'SS Ca4» Cwfn ittu (*686) IWh Ww li left 3696 AST1W*****1 .40.5 -1.5 58 1 16 -3 1.43 4 3697 Acma Ltd W*****6 .0.5 1 50 461 16.00 9 3602 Amtak W*****0 115 1 33 2 126 16 3603 Armstrong WD***** .8
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  • WORLD news
    • 209 15 AFP [NEW YORK] Faced with a barrage of legal challenges, the modelling agency that launched the careers of Claudia Schiffer, Naomi Campbell and Cindy Crawford has filed for bankruptcy. Elite Model Management Corp of New York filed for bankruptcy protection against its creditors
      AFP; AP,; REUTERS  -  209 words
    • 609 15 COMCAST-DISNEY TAKEOVER FIGHT Analysts say Disney's options include finding another suitor or buying a programme distributor Reuters [LOS ANGELES] Walt Disney's embattled board faces growing pressure to evaluate the merits of a merger with the largest US cable operator,
      Reuters  -  609 words
  • 6331 15 Transaction date:Feb 16 52-Wk Tol Lift Vol 0«y Lot Quota GrOtv Dtv Grtfd Not MCap High Low Codo Compowy Solo COOP) High Low »uyor S«8or C«r M tm* 69.5 39.5 5834 A-Sonic ..51 unch 1179 52 50.5 51 51.5 17.6 143.9 8 5300 ABNAmroNLG 56c ..9 12 3.4
    6,331 words
  • 73 15 U-Wft T«i Lot Vol Day lastQuot* GrOtv Mv GfYld Nat MCap High low Coda Company Sala W- ooo Wgh low »nyar Sa«ar Cw Pft jm> 2060 2000 6065 Diamonds US2060 2,20 ***** 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US5SS 6101 ISS&PS00 US8270 9650 9650
    73 words
  • 1951 15 a-m Tai LaM Vol Day Lad Quota GrDtv Dtv GrTM Nat MCap Ugh Low Ceda Cwp M> (*008) High low 8nyar Mjm Cvr HI Smm 26 7.5 5000 ABRHIdgsSc 17.5 -0.5 16 17.S 17.5 17.5 18 33.8 42 12.9 2101 APOiISc 34 -1 405 34.5 33.5 33.5 34
    1,951 words
  • 349 15 SJ-Wk Td Last Vol Day UctQuotc GfOtv Mv GrYW Met MCap *Wi low Code Company Sal* COOP) HW Low »uyr Sdhf Cvr Wt SiJ 193 96 6000 AVJennings A25c A183 +1 41 185 183 183 184 40 8.8 5.5 6.9 393 9 6001 Cathay Pac 20c HK720 265
    349 words

  • FOCUS enterprise
    • 817 16  -  Boutique developer SB Development is not run by its owners but by professionals and therein lies its success, says Kenneth Lim Kenneth Lim UNLIKE many small and medium enterprises in Singapore, SB Development is run by someone who doesn't own the business. And that's a good thing,
      CHRIS LOH  -  817 words
  • 1617 16 SICOM FUTURES Feb 16 RUBBER Futures (Closing prices) RSS 1 (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 04 216.00 Apr 04 218.50 May 04 219.50 Jun 04 220.25 Jul/Sep 04 221.50 Oct/Dec 04 223.25 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes)
    1,617 words

  • SHIPPING TIMES
    • 583 17  -  It breaks new ground with Japanese port deal By Beth Jinks [SINGAPORE] PSA Corporation has finalised the terminal concessions of its shareholding in Japan's controversial Hibiki Container Terminal (HCT), 14 months after the deal was thrown into disarray when the Singapore port giant relinquished its
      583 words
    • 293 17 SGX '000 Feb 16 SS W- Vol CH Offshore .036 -0.01 1537 Chuan Hup .0.51 unch 1417 Cosco Investment 0.86 -0.04 ***** CWT Distribution 0.54 -0.01 10 Ezra Hldgs 1.20 -0.03 497 Freight Links .0.13 -0.01 1336 GB Holdings .0.71 unch 50 Jaya Holdings 0.84 -0.01 2182 K1
      293 words
    • 392 17 [SINGAPORE] Intensifying overseas competition means Singapore's maritime industry must "redouble efforts" to advance information technology (IT), the Maritime and Port Authority of Singapore (MPA) has said. Speaking at a seminar here on Friday to promote IT advancement within small
      392 words
    • 111 17 AP [STOCKHOLM, Sweden] More than 100 people were evacuated from a ferry early yesterday after it collided with a freighter and risked sinking off the southwestern Swedish coast, maritime officials said. "The Stena Nautica is taking on water and there is a risk that it
      AP  -  111 words
    • AIRLINE industry
      • 749 18 The 50-70 passenger aircraft now makes up for more than one in four of US domestic airline flights NYT [ATLANTA] FREQUENT traveller Jerry Grasso calls them "flying minivans" because they are small and seem to be everywhere these days. Regional jets the miniature airliners that typically
        NYT; BLOOMBERG NEWS  -  749 words
    • 112 18 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 China Shpg 5 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 ECL 3 Far Shpg 5 Foong Sun 5 Gemartrans 4 Hamburg Sud 5 Hangli 4 Heung-A 3 Indotrans
      112 words
    • 7240 22 THEBUSINESSTIMES EXPORT vn i ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number To DUNKEROUE (DKK) 2695 France TO ABIDJAN (ABJ) 2003 Cote D'lvoire 02/03 29/03 CMA CGM COLUMBUS AUSTRALIA 4501 65-*****800 26/02
      7,240 words
    • SHIPS IN PORT
      • 553 23 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BATAM MURNI JB4202 J4 A/SIDE 17/02 0015 BAYSWATER228 E4046 J3 A/SIDE 17/02 0230 CITRA LINE 1 JB4202 J11 A/SIDE 17/02 0300 E LINK 1 ELK109 J4 A/SIDE 17/02 0630 INTAN8 JB4201 J13 A/SIDE 17/02 0630 MARCOPOLO 48 01/04J J13
        553 words
      • 1541 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MAGNOLIA 074S 074S 1 17/02/2004-07:00 17/02/2004-20:00 T04 ACX RAFFLES 087N 087N 1 17/02/2004-08:00 17/02/2004-23:00 T01 AKINADA BR 10E 10E 1 20/02/2004-04:30 20/02/2004-20:00 ALEN YAL019 YAL019 1 20/02/2004-07:30 21/02/2004-07:30 AMERICA
        1,541 words
      • 150 23 Feb 22 Brunei: Islamic New Year. Indonesia: Islamic New Year. Malaysia: Islamic New Year. Feb 23 Brunei: National Day. Mar 1 South Korea: Independ Day. Mar 21 Japan: Vernal Equinox Day. Apr 4 //KChingM Fest. South Korea: Arbor Day. Taiwan: Ching M Fest. Apr 6 Thailand: Chakri Memorial
        150 words
      • 802 23 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
        802 words
      • 532 23 Carbon Feb 12 Density Water Residue AshAluminlum Sediment H M/M bun KC/W3 H V/V M/M M/M PPM method ISO/Cimac Limits Spec E25 991 1.0 15.0 0.10 80 0.10 Spec G35 991 1.0 16.0 0.15 80 0.10 Northern Europe 180 Ave 980.4 0.1 11.7 0.04 18 0.02
        532 words
    • AIR & LAND transport
      • 431 24 It's offering some fares at over 40% lower than competitors' LATWP [PHILADELPHIA] Southwest Airlines, in a shot across the bow of financially ailing US Airways, will offer fares as low as US$29 each way when it begins flying into Philadelphia on May 9. As
        LATWP; BLOOMBERG NEWS  -  431 words
      • 196 24 Bloomberg [SINGAPORE] China Aviation Oil (Singapore) Corp, which supplies a third of China's jet fuel, said its jet fuel imports rose to a record in the first quarter because of increased air travel. China Aviation Oil bought 603,000 metric tons of
        Bloomberg  -  196 words
      • 161 24 Reuters [CHICAGO] United Airlines has asked a US bankruptcy court to extend until June 30 a March 8 deadline for it to submit its own reorganisation plan. It was the third time that the carrier, the world's second largest airline and the principal
        Reuters  -  161 words
      • 264 24 Instead carriers will form body to manage code-share deal AP [BRASILIA, Brazil] Following a year of negotiations, Brazil's two biggest airlines have announced that they have put merger plans on hold indefinitely. Varig and TAM, Brazil's top air carriers, said that instead
        AP  -  264 words
      • LOGBook
        • 80 24 Bloomberg [SEOUL] Korean Air extended the deadline by a year for customers using air miles for free flights before it reduces their value. Members of Korean Air's Skypass programme will be able to redeem flights at current mileage levels until Feb 28 2005, after the
          Bloomberg  -  80 words
        • 108 24 Bloomberg [LONDON] BAA pic, the world's largest airport operator, said its UK passenger count rose 4.8 per cent in January, helped by demand for lower-cost flights and a recovery in air travel. The company's seven UK airports handled 9.3 million passengers last month, London-based BAA
          Bloomberg  -  108 words
      • 625 24 They are still wary of carriers' weak balance sheets, analyst say Reuters [LONDON] The cost of insuring against debt defaults by European airlines has risen this year, and even economic recovery, which should reduce credit insurance prices, may not help carriers regain
        Reuters; AP  -  625 words
      • 424 24 Its pre-tax loss widens to 1.47b crowns in 2003 Reuters [STOCKHOLM] Scandinavian airline SAS has vowed to go on cutting costs in a drive to return to profit in 2004 after two years of losses, but analysts said business prospects remained grim. The
        Reuters  -  424 words
      • 1723 24 crrr fiight eta fucht no HUM! uvsoos 2330 DM SO*Z7 0710 EK405 0220 EM04 1350 EK431 0300 «45 EK348 1645 S0428 2325 S0229 2245 a430 8*7382 2250 on2 2250 Frankfurt AC9951 0655 LH9765 1425 1Jtll T~ LH9762 0655 S0326 1425 Amtartaai S023 0630 GA974 0130 5025
        1,723 words
  • Page 17 Advertisements
    • 170 17 j f jp ppr^ *5rM BK v a» v Sp" 1- *7 Hi fc' IB i iTgHHK lm ii I REPLY SLIP Fax No (65) 6588 3735 Find out at Asia Pacific Maritime's high-profile i.i I ii lam interested in: (Please tick below) exhibition and power-packed conferences! Conference Visiting Name:
      170 words

  • Page 18 Advertisements
    • 637 18 jSmmm^O^^MSßßßSßSl^^^^^^ I IMPORT I NORTH AMERICA I 11 AUSTRALIA/NEW ZEALAND I [SUPER SHUTTLE EXPRESS (SSX) AUSTRALIA ASIA EXPRESS (AAX) VESSEL VOY LG» PKG "'rT™ w w PtO NEDUOYD SOUTHAMPTON 39W05 04/02 22/02 24/02 m5tL VOY HIE SYD ME API WE SHI PKG PtO NEDUOYD KOWLOON 35W06 11/02 29/02 02/03 NYK
      637 words
    • 509 18 Lines services represented by /ijJßJlfti Members of the Registry of VtSfiSr--7 Shipping Agents, s°tn "y Singapore Shipping Association gjj LILY UNE MALE /vESStI VOY HA ETA ETA P. KLAHG SPORE MAIi Kola Tegap TGAOS7 23/02 04/02 Maid Carrier 745 29/02 02/03 10/03 Princess Lily 0203 06/03 08/03 16/03 IM M
      509 words
    • 6 18 Members of the Singapore Logistics Association
      6 words

  • Page 19 Advertisements
    • 805 19 MOL Combines a range of shipping modes to ensure timely, reliable services covering major ports in North America, Europe, Japan, Asia, Africa Oceania. Also accept Intro-Asia Cargoes to: BUSAN KWANGYANG SHANGHAI YAMTIAN XIAMEN QMGDAO lELAWAN JAKARTA SURABAYA KAOHSUNG BANGKOK LAEM CHAIANG HOCHIMINH PASIR GUDANG PCNANG PORT KILANG For Schedules, BL
      805 words
    • 691 19 GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD #12-00 SALES/ BKGS TEL 6420 5857/43 FAX *****321/24 COSTAR SHIPPING PTE LTD SINGAPORE *****8 OUTWARD (B/L) 6420 5802 *****325/75 CRNO **********0 M TEL *****900 (MAIN) INWARD (D/O) *****786 *****319/49 T/SHIP DEP *****825 *****316/46 COSTAR AGENCIES (M) SDN BHD TEL 07-353 8166 FAX: 07-353
      691 words
    • 524 19 VBS& VOY TT PGUTHCM HKG" KYH PUS VESSEL VOY JMT PKG iffiliM 4Q3N 25/2 26/2 28/2 PERTH BRIDGE 048 A ~WT Wl PAC AQUILA 403N 2/3 3/3 5/3 z NEW DYNAMIC 055 A i/T 6/3 HOLHIS loigM 9/3 IQ/3 19/3 Zll PERTH BRIDGE 049 A 11/3 13/3 *VSlcoUng bolti North
      524 words

  • Page 20 Advertisements
    • 1363 20 K;>l nci MAC ENQUIRIES/800K1NQ5:*****344 FAX: *****433 E-MAIL: <l*lmaaM*<maa.com.sg ■Sfli l*lMw DOCUMENTATIONS/OPERATIONS: *****637 FAX: *****177 MumaMPiMMiaß mi annul iavKnowTwiu^CTr I VOY 1 «N6W)«t POtTKttAHO 11HAVRE MM IAIUUt. CONAKIY 7 w j ß^ wdB 31BW 23/02 24/0? 10/03 23/03 25/03 77/03 Itywwdul Gtnul 349W 01/03 02/03 17/03 30/03 01/04 02/ M Hyundai
      1,363 words
    • 507 20 BSA 1 o I MYANMA SHB FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU HPA-AN 317W SID PAGAN 327W SU) IN MALAYSIA: lOUSTEAO SHIPPING AGENCIES KUL: 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTINB CONVENTIONAL CBO VESSEL VOY HKG SIN PGU PKL KIK MAVE HEART
      507 words

  • Page 21 Advertisements
    • 1436 21 I VESSEL VOY KHH HKO SIN PKI DXB BAB PMM BIK CAPE FRIO PCLBO22 SKIP SKIP 18/02 19/02 27/02 28/02 04/03 06/03 SEA NAVIGATOR PCLBO24 SKIP SKIP 29/02 01/03 09/03 10/03 IS/03 17/03 IRAN SATTARI PCLBO23 SKIP SKIP 03/03 04/03 13/03 14/03 19/03 21/03 CAPE FRIO PCLBO2S SKIP SKIP 09/03
      1,436 words
    • 721 21 UK CONTINENT SERVICE Loading for GREVENO RTM/ATW/BMNAJK/NAN PANORMOS PRIDE RTM/ATW/BMNAJK/NAN Loads Singapore, E7W Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for J SAFE HDD/JDH/AQA TINA II DBI/ABU/DOH/BRN/DMM/KWT PLAMER DBI/ABU/DOH/BRN/DMM/KWT 'Loads Singapore. E7W. Malaysia, Indonesia USA SERVICE Loading for MALLIKA NAREE VCW/LAX/MZL •Loads E7W. Malaysia, Indonesia F.E./S.E.A. SERVICES S pore Loading for RAINBOW
      721 words
    • 770 21 -ViSSIi Vfll S!M m J2SSL SfflL SIM JQ PAC BANDA IUSN U/02 16/02 MC SULU EUU! 12M 14/02 PACIANDA 1146N 17/02 17/02 AIAMIAYA 8883 15/D2 12/02 PACBANDA H47N 18/02 19/02 _BO!UI UMfl ***** 21M PAC lANPA 114RN 19/02 20/02 AIAMJATA 2 W4 22/02 24/02 PAC BANDA HUM ***** 22/92 PAC
      770 words


  • Page 23 Miscellaneous
    • 125 23 5 FOR 7AM 17 Feb 2004 V^J'^ Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds R a j n 1 One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x
      125 words