The Business Times, 14 February 2005

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Total Pages: 28
1 28 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 023/03/2004 Monday, February 14,2005
    15 words
  • 523 1  -  Brisk sale at launch of posh KL landed homes By SIOW LI SEN [SINGAPORE] Singaporeans' love affair with Malaysian property is running hot again. After interest seemed to fade in 2003, it's back with a vengeance. High rental returns, easy affordability and strong sentiment
    Compiled by BT  -  523 words
  • 817 1  -  India may enter the top 10, if overall growth slows By ANNA TEO [SINGAPORE] After sizzling growth to a new high last year, 2005 is supposed to be a year of consolidation on the trade front. But will the list of Singapore's top
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  • 128 1 MARKETS W««k Chgc ST1 2.149.60 +36.02 KISECOMP .914.91 +739 NIKKEI 225 11.553.56 ....+193.16 HANG SENG ..__13.845.63 -+260.46 SET INDEX 726.20 +7.10 JAKARTA COMP .1,045.87 -2.52 MANILA COMP ..J,061.48 +65.91 TAIPEI TAIEX CLOSED SEOUL COMP 947.23 +13.68 SHENZHEN B .CLOSED AUSTALLORD ....4,160.70 +4.50 DOW JONES —10,796.01 -..+79.88 NASDAQ .2,076.66
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  • Page 1 Advertisements
    • 160 1 Promising overseas markets for S'pore companies pg4 YOUNG INVESTORS' Some pointers when investing in wines and watches PGI2 —«< BizfT Dell moves imaging R&D to Singapore PG26 LOVE BITES Last-minute Valentine's Day surprises PGII BT Online Log on to BT Online after 1130pm on a trading day and get the
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    • 4 1 111 111 8"*****V 3000CK
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  • TOP STORIES
    • 785 2  -  Market watchers te lack of new leasehold private housing projects By KALPANA RASHiWALA Developers more freehold private ajmrtments and condos lasl A than 99-year leasehold ones the first time happened since the nss£ket peaked in 1996, a csyeat analysis by DTZ Debjjham
      Source: DTZ Research  -  785 words
    • 642 2 '♦Tide is turning for US analysts Rafter nearly a month when it ►♦seemed that nothing could go rig! ►♦for stocks, over the last few weeks ♦Jhe tide has seemingly tinned, an '♦that bodes well for the US stock ►♦market, many Wall Street analyst '♦believe. "The signs are all
      642 words
    • 805 3  -  WALL STREET INSIGHT Blue chips in positive territory for year; analysts see rally continuing By ANDREW MARKS in New York AFTER nearly a month when it seemed that nothing could go right for stocks, over the last few
      AFP  -  805 words
  • Page 2 Advertisements
    • 22 2 University of South Australia U) CO a> c= "wo CQ o o CD "S "Jo o c qj CRCOS PrnU* Number *****8
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    • 388 2 Tfie Only Australian MBA, PhD and DBA Programs in Singapore Accredited by EQUIS **The IGSM MBA provides me with an IflßPlßl excellent blend of business skills and V competencies to effectively manage the I complexities of today's demanding hospitality business. The subjects are well balanced and relevant. It has enabled
      388 words

  • Page 3 Advertisements
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  • VIEWS FROM THE TOP
    • Article, Illustration
      1882 4 THIS WEEK'S TOPIC What are the overseas markets that Singapore firms/organisations should be looking at? Are there promising markets that we're not paying enough attention to? There are many more unexplored markets for Singapore companies to go into. But what is more important is getting the right
      1,882 words
  • Page 4 Advertisements
    • 93 4 3T CEOs e-C!ub Members of the ST CEOs e-Club are Singapore's top corporate leaders whom BT editors I would like to interact with in an atmosphere of •nformality and trust. This 'club' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from these top
      93 words

  • COMPANY NEWS
    • 610 5  -  Its full-year net profit trebled to $313m, boosting overall corporate earnings last week By KENNETH LIM WITH only five companies releasing full-year results last week, property giant Capita Land's trebled profits easily stole the show and gave a strong boost to the Singapore corporate earnings
      FILE PHOTO  -  610 words
  • Page 5 Advertisements
    • 18 5 For more information call your travel agent or Royal Brunei Airlines at 6235 4672 or visit www.bruneiair.com BRUNEI
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    • 285 5 db warrants >: 4* i +> M Be Singapore's first Warrant-Star! <♦ ■5" More than $50,000 in Cash prizes to be won! V fp Learn the art of trading in warrants and be a winner too! More than >* dbwarrants is part of X-markets, $50,000 in cash prizes to be
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  • SINGAPORE MARKETS
    • 697 6  -  STOCKS R SIVANITHY Senior Correspondent WHAT a difference a fortnight makes in the stock market. At the end of January, Wall Street's major indices were firmly in negative territory leading bearish market historians to point out that a down January has almost always led to
      AFP  -  697 words
    • 1405 6 Compiled by Thomson Financial l/B/E/S The stock recommendation is the average of all the recom- Number forecast Median mendations submitted by analysts following the stock. There recommendation of EPS PE Target is a total of 29 brokers submitting recommendations but not COMPANY Thfc Week/Last Weefc Estimate (S) (times)
      1,405 words
    • 332 6 CURRENCIES AFP [HONG KONG] Japan's yen fell against the US dollar last week, while the Australian and New Zealand units rose in anticipation of interest rate hikes. Japanese yen: The Japanese unit stood at 105.54 to the US dollar on Thursday afternoon, down from 104.48-51
      AFP  -  332 words
    • 92 6 Investor events to watch out for NewWave, EGM, Feb 14 Sin Soon Huat's dividend payment, Feb 15 New listing of China Great Land, Feb 16 APB Breweries' dividend payment, Feb 16 Jets Tech's dividend payment, Feb 16 A-Sonic, EGM, Feb 16 BreadTalkGrp, EGM, Feb 16 Hua Kok Int'l,
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    • 468 6 I* Mtb Pay N|WIIH b M Pay lad Mi 4m imi Mi mil nn AbardaenUOOp 0 UP 1Mb 17fi WO MRTnti 10c f 0.STJ ti** VMM f_ m n *> ayo two iwTidMOt i m \1** KmiytUiil m OtO WO OHOl ?»-tQ MKroWnhinqlft ICO 23 Hb B-Ma MUamArfgfc
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    • 1232 7  -  KENNETH LIM Reporter Riding on a Chinese New Year (CNY) rally, three of our five portfolios beat the index of smaller market capitalisation stocks last week with the group of one-month winners staging a sharp turnaround to beat even the blue-chip benchmark. The
      1,232 words
    • 953 7  -  INSIDE MARKETS Aegis Portfolio Managers has upped stake in Ellipsiz by 28% since Jan, and Freight Links CEO made his first buy, says ROBERT HALILI ROBERT HALILI DESPITE the short trading week due to the Chinese New Year holidays, there were several significant director
      FILE PHOTO  -  953 words


  • COMPANY NEWS
    • 645 8  -  Union with Keppel O&M would create monopoly, reduce industry's competitiveness By LIZA LIN A MERGER between two of Singapore's biggest shipbuilders isn't on the cards, not in the near future at least. Heng Chiang Gnee, president of the Association of Singapore Marine
      FILE PHOTO  -  645 words
    • 744 8  -  HOCK LOCK SIEW By R SIVANITHY IN HIS Chinese New Year wishes for the Year of the Rooster, the president of the Society of Remisiers said last week he hoped that the strength shown by the Straits Times Index (STI) recently
      744 words
    • 385 8 AP [PARIS] Microsoft Corp announced a partnership with Sin-gapore-based Flextronics International to market a new range of high-specification phones, running Windows Mobile, to handset makers and network operators worldwide. The deal between the world's No 1 software company and the
      AP  -  385 words
  • Page 8 Advertisements

  • SINGAPORE NEWS
    • 501 9  -  They attract good jobs to S'pore; so welcome them and assimilate them By AMIT ROY CHOUDHURY SINGAPORE will continue to need outside talent to attract good jobs, according to Senior Minister Goh Chok Tong. Speaking at a Marine Parade get-together of new residents,
      501 words
    • 128 9 DATE/ TIME EVENT VENUE Feb 14-15 Lloyd's Register Asia Holiday Inn Park View 9.00am Course on ISM Internal Auditor FebT15 ISEAS Seminar on Agricul- ISEAS Seminar 10.30am tural Trade Reform and the Room II, 30 Heng Mui Doha Development Agen- Keng Terrace, Pasir da Panjang Feb 16 Panel
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    • 210 9 AN extradition treaty between Singapore and Jakarta would not dispel widespread corruption in Indonesia, said Foreign Minister George Yeo. In a statement ahead of a visit by Indonesian President Susilo Bambang Yudhoyono, Mr Yeo said that while Singapore applauds Mr Yudhoyono's efforts to
      210 words
    • 580 9  -  It'll be therapeutic, not preventive, with a huge market in China By CHEN HUIFEN LOCAL biotech firm Newßiomed Pika (NBM) is on its way to developing a therapeutic vaccine for Hepatitis B, which could help it gain a share of the US$66O million market
      ARTHUR LEE  -  580 words
  • Page 9 Advertisements
    • 385 9 Where to wine, dine and entertain... a ve Privileges Treats a L JH i^HK| ■■PS x Theres no need to sacrifice a good meal in the lunch hour rush. Marina Bistro offers a 3-course Western Set Lunch with a wide choice for starters, main dishes and desserts for you to
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    • 59 9 I Raffles Country Club I Le Jrench Restaurant Seafood Ravioli $10.50 Gmled Chicken $12.50 FdjLamb Loin $18 Garlic Bread, O W Salad Soup k/K\Y at only $3 with /^!WPRS'N" der of main course r/ffirv A// \\A fxli m Le French Restaurant 450 Jalau Ahmad Ibrahim r-TW: 6862 1838/9 Mon to
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  • ECONOMY WATCH
    • 1880 10  -  Given its growing role in the world economy, China's decision will have profound implications, writes STEPHEN ROACH STEPHEN ROACH CHINESE currency policy has now become a cause celebre in world financial markets. To peg or not to peg and against what and when are choices
      AP  -  1,880 words
    • 650 10 AFP [TOKYO] The Japanese economy is likely to have posted only very modest growth in the October-December quarter as corporate spending slipped, especially in the high-tech sector, and consumer demand softened, economists said. The consensus forecast is for Japan to have
      AFP  -  650 words

  • DINING OUT
    • Article, Illustration
      1104 11  -  All out of romantic ideas and still no Valentine's dinner booking in sight? PEPPER LEE has some suggestions PEPPER LEE WHAT do you do if you forgot to make reservations for Valentine's Day and every restaurant you know is fully booked? Here's how to avoid tears and the
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  • Page 11 Advertisements
    • 30 11 call tell free 1880 289 8822/B«Mil;noticcs»sph.coisg Recruit the one you want for any position you have Call 1800 289 8822 or email recruit@sph. com.sg for your recruitment solutions pwoma I
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    • 371 11 IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF BANDAI PTE. LTD. (In Members' Voluntafy Liquidation) (Company Reg. No. *****2853K) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50,1994 Ed), the Final Meeting
      371 words
    • 376 11 IN THE HIGH COURT Of THE REPUBLIC OF SINGAPORE Companies Winding Up I No. 23/2005/P In the matter of the Companies Act (Chapter 50) And In the matter of PARISON SYSTEM PTE. LTD. (ACRA NO *****0450H) ADVERTISEMENT OF PETITION Notice is hereby given that a Petition for the Wtnding-Up of
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    • 29 11 I^W RESTAURANT 28, NORTH CANAL ROAD (OPPOSITE HONG LIM PARK) POH HENG BUILDING, SINGAPORE *****4. FAX: 6536 4558. No •••Tie# charga. All prlcaa arc aubjact to caaa and QST.
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    • 34 11 -Sip i> j WeVemade'; janaigfc Share the good news with your investors Releasing a t financial f statement? CalMBoo 289 8822 or email notices@sph.com.sg to book your r advertisement in our newspapers now. I
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 739 12  -  We explored some of the more unusual items people placed their money on such as stamps and toy collectibles last week. This week, we will end off the second of our two-part series by taking a look at investments in luxury watches and wine. We find out what
      739 words
    • 804 12  -  CAMPUS LIFE Three young investors play the money game right, and reap the rewards. DANIEL BUENAS reports DANIEL BUENAS THEY were only students, but when they walked out of Singapore Press Holdings' Toa Payoh office yesterday, they were also millionaires. Well, at least virtual millionaires
      ARTHUR LEE  -  804 words
  • Page 12 Advertisements
    • 252 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      252 words

  • MALAYSIA/INDONESIA
    • 757 13  -  MALAYSIA INSIGHT But it remains to be seen if ties between the board and the CEO will improve PAULINE NG KL Correspondent So Mahaleel Ariff gets to remain in the driver's seat. The embattled chief executive of Proton was almost axed from the
      757 words
    • 337 13 AFP [KUALA LUMPUR] A festering illegal migrant problem is expected to dominate a landmark meeting between Malaysian Prime Minister Abdullah Ahmad Badawi and Indonesian President Susilo Bambang Yudhoyono here today. Mr Yudhoyono chose Malaysia to kick off a traditional round of visits by
      AFP  -  337 words
    • 104 13 Reuters [JAKARTA] Indonesia said last week it had been taken off a list of countries failing to cooperate to stamp out money laundering, a move that could Jboost foreign investment. Chief economics minister Aburizal Bakrie said the Financial Action Task Force (FATF) had removed Indonesia
      Reuters  -  104 words
    • 1288 13 Compiled by Thomson Financial l/B/E/S The stock recommendation is the average of all the recom- Numbef K>RECAST mendations submitted by analysts following the stock. There recommendation of En PE Target is a total of 29 brokers submitting recommendations but not COMPANY ThtsMteefc/Lasttoteefc Estimates (times) every stock is
      1,288 words
    • 747 13 [KVMA LUMPUR] The Malaysian banking sector is on a firm recovery path some seven years now after the Asian financial crisis. But industry observers worry that a new unwritten directive from Bank Negara could now interrupt the sector's upward momentum, says a report
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    • 234 13 AFP [BANDA ACEH, Indonesia] Two strong aftershocks less than an hour apart hit Indonesia's tsunami-devastated Aceh early yesterday, prompting some panic in the provincial capital, witnesses said. Seismologists in Jakarta said the first quake measuring 5.7 on the Richter scale struck at 8.22 am
      AFP  -  234 words

  • GREATER CHINA/INDIA
    • 588 14 Liquidity issues must be tackled to draw investment AFP [SHANGHAI] It has been a grim start to 2005 for China's stock markets and the Year of the Rooster promises little improvement unless a series of problems dogging the beleaguered exchanges are tackled, analysts say.
      AFP  -  588 words
    • 491 14 Reuters [MUMBAI] India's banking sector is humming along on strong loan growth, but a central bank deputy governor said last week that banks needed to start merging to strengthen balance sheets and boost their technology to global standards. "They need to consolidate,"
      Reuters  -  491 words
    • 761 14 Threats lurk in the form of jealous onlookers, the taxman and criminals AFP [BEIJING] THE week-long Chinese New Year holiday should be a grand opportunity for China's nouveaux riches to display their wealth, but a set of unique factors is preventing conspicuous consumption from
      AFP; REUTERS  -  761 words
    • 548 14 They cite booming economy, demand for power and cars Reuters [NEW DELHI] A horse-driv-en cart loaded with a mountain of vegetables lumbers down a highway in northern India while a factory spews out thick clouds of smoke in the distance. It's a
      Reuters  -  548 words
  • Page 14 Advertisements

  • FOCUS: INDIA SOURCING
    • 919 15 A severe lack of infrastructure in the cities leads to rising operating costs NYT [MUMBAI] Anxieties over the US economy have receded and worries about the political backlash have ebbed. But India's US$l7 billion outsourcing industry has a new dread: lack of infrastructure in the
      NYT; FILE PHOTO  -  919 words
    • 588 15 AFP [BANGALORE] After courting suecess with information technology, India is poised to become a key outsourcing hub for global aerospace firms as it has cheap and skilled engineers on offer, top officials say. "India's aerospace industry is at the take-off stage," said Edward
      AFP  -  588 words
    • 382 15 Cox News Service [BANGALORE] When Cincinnati-basecTConvergys Corp started its India subsidiary on Jan 1, 2001, it had exactly one employee. It now has 10.000 employees in six centres across India. Anywhere else in the world, that kind of growth would be phenomenal but in India's outsourcing industry,
      Cox News Service  -  382 words
    • 1215 15 Outsourcing transforms India and US business NYT [BANGALORE] The caller, in a slow, southern drawl, describes a problem he is having with his video game. A Dayton, Ohio, area code flashes on the computer screen and, 19,300 km away in India, Abhinav Majumdar puts on his fake American accent. "Hi,
      NYT; AFP  -  1,215 words

  • ASIA-PACIFIC/WORLD
    • 548 16  -  Sumitomo Mitsui and Daiwa combine will match western banks in size and breadth of services By ANTHONY ROWLEY in Tokyo WITHIN two months of Japan announcing plans to launch new financial conglomerates capable of competing on a global scale, banking group Sumitomo Mitsui and
      548 words
    • WORLD WATCH
      • 80 16 AP [PARIS] An explosion ripped through a Paris theatre yesterday morning, gutting the first two floors and slightly injuring seven people, rescue workers said. The origin of the blast at the Theatre de 1* Empire was not immediately known, said Olivier Delplace, spokesman for
        AP  -  80 words
      • 117 16 AFP [LOS ANGELES] French insurer Aurora, one of the parties targeted by a multi-billion-dollar lawsuit that goes to trial in California this week, has agreed to an US$BO million settlement in the case, a US source said. The deal, brokered between the California Department
        AFP  -  117 words
      • 125 16 NYT [SAN FRANCISCO] Apple Computer, whose shares have more than tripled in value in the past year, approved a 2-for-l stock split on Friday. Apple's stock price has been soaring largely because of the enormous success of Apple's iPod portable music player, which now
        NYT  -  125 words
      • 111 16 Reuters [MIAMI] Dolby Laboratories, a household name in cutting-edge audio technology for 40 years, is slated to become a public company this week when it lists on the New York Stock Exchange. Dolby's initial public offering, expected on Wednesday, headlines a week
        Reuters  -  111 words
      • 77 16 Bloomberg [NEW YORK] Walt Disney directors won re-election with at least 92.2 per cent of the shares voted, a year after investors withheld 45 per cent of their ballots from chief executive Michael Eisner. Disney president Robert Iger, the only internal candidate to replace
        Bloomberg  -  77 words
    • 577 16 That tops US$6.3b bid by Verizon and may appease MCI's main shareholders Bloomberg [NEW YORK] Qwest Communications International Inc raised its takeover offer for MCI Inc to more than US$7 billion, topping a bid by Verizon Communications Inc, people familiar
      Bloomberg  -  577 words
    • 267 16 AFP Bloomberg AP [SEOUL] North Korea yesterday came under increasing pressure from traditional allies China and Russia to return to multi-party negotiations on scrapping its nuclear weapons programme. The diplomatic offensive came as the US said the sixway talks
      AFP; Bloomberg; AP  -  267 words
    • 94 16 Reuters (TEHERAN] Iran yesterday warned the United States not to attack its nuclear facilities and said talks with European nations might produce a deal to defuse the dispute. "They know our capabilities. We have clearly told the Europeans to tell Americans not to play
      Reuters  -  94 words
    • 428 16 NYT INFW YORKJ Carly Fiorina, the former chief executive of HewlettPackard (HP), will receive a severance package worth about US$2l.4 million, and stands to gain at least US$2l.l million more. The additional amount reflects the estimated value of her pension, stock options and
      NYT; REUTERS FILE PHOTO  -  428 words
    • 320 16 AFP [BAGHDAD] Iraq's main Shiite list swept to victory in the country's historic elections, finally translating the majority community's demographic weight into political power after decades under the Sunni yoke. The United Iraqi Alliance won a decisive 48 per cent
      AFP  -  320 words
  • Page 16 Miscellaneous
    • 231 16 CRYPTIC CROSSWORD mixed with cheap pot- JHL. -JH_ SHH 10 Page company saying you are 15 Allowances for middle age ti- motorway (8)^ ropean force diplomacy sur- |H flfl SB rounding queen's consort (8) 23 Double-cross flash gangster 24 It may have obscure meaning arrangement (8) 26 Parody posed with
      231 words

  • AVIATION
    • 261 17 AFP AP [SINGAPORE] Singapore and Australia are this week to discuss signing a full open-skies agreement, their first official talks on the issue since a 2003 deal to expand bilateral air links. Transport Minister Yeo Cheow Tong was scheduled to leave Singapore yesterday for
      AFP; AP  -  261 words
    • 387 17 Airbus increases US contracts as it seeks more defence jobs Bloomberg [SAN FRANCISCO] Goodrich Corp, which makes landing gear for Boeing Co and Airbus SAS airplanes, said it won a contract worth as much as US$6 billion over 20 years to supply engine parts
      Bloomberg; REUTERS  -  387 words
    • 1952 17 CJTT FUWn ETA FUftHT FTP SQ143 153S SQ146 1640 GA840 1725 GA841 1825 Adelaide L5Q230 1855 rftj* gig AotS Ahnndabld SQ461 1420 SQ462 0220 Dh4k 055< 2050 Anil daw SQ323 0645 KL838 2330 Dota QR638 0220 Auckland EK405 0105 EK404 1500 cVSi Viis FK433 0300 EK433
      1,952 words
    • 628 17 Reuters [BANGKOK] Thai Airways International is likely to report a 4 per cent rise in net profit in the quarter to December, despite high fuel costs, due to stable passenger traffic and a foreign exchange gain, analysts said. While the clouds of
      Reuters  -  628 words
    • 331 17 AP [ELK GROVE VILLAGE, Illinois] United Airlines has announced the recall of 150 pilots to offset anticipated retirements, but has also suspended some pension payments to about half of its retired pilots. The nation's No 2 airline, a unit of UAL Corp.
      AP  -  331 words
    • 231 17 Bloomberg [LONDON] Easy Jet, Europe's second-biggest lowcost airline, carried 24 per cent more passengers last month after adding routes. The company also said its performance in die current quarter has been positive. Easy Jet flew 2.08 million people in January compared with 1.68
      Bloomberg  -  231 words
    • LOG BOOK
      • 81 17 AFP [TOKYO] Japan's third international airport was inaugurated yesterday, ahead of its opening this week, in a ceremony attended by about 700 people including Crown Prince Naruhito. The Central Japan International Airport, built on a man-made island off Aichi prefecture in central Japan, is due
        AFP  -  81 words
      • 82 17 Reuters [SHARJAH] Air Arabia, the Gulf Arab region's first budget airline, said on Saturday it broke even in 2004, its debut year of operation, exceeding earlier expectations. The airline, which is owned by the government of Shaijah emirate in the United Arab Emirates, said
        Reuters  -  82 words
      • 63 17 Bloomberg [MUMBAI] Kingfisher Airlines Ltd, owned by India's biggest beer-maker, the UB Group, said it will start flights in May to compete with low-cost carriers Air Deccan and Spice Jet. Kingfisher will start on May 7 with a flight from Mumbai to New
        Bloomberg  -  63 words
      • 102 17 Bloomberg [SYDNEY] Qantas Airways Ltd and British Airways Pic won approval to extend their alliance on flights between the UK and Australia for a further five years, the Australian Competition Consumer Commission said. The agreement allows Qantas, Australia's biggest airline,- and British Airways, the
        Bloomberg  -  102 words
      • 72 17 AFP [MOSCOW] Russian state-owned airline Aeroflot will take part in the construction of a long-awaited third terminal at Moscow's main airport Sheremetyevo, alongside the company operating Sheremetyevo airport, the RIA Novosti news agency reported. The project will be carried out jointly by Aeroflot and
        AFP  -  72 words
      • 101 17 AFP [DUBAI] Gulf budget carrier Air Arabia said it would start flying to the Indian city of Mumbai in mid-March. The addition of the Mumbai route will increase the airline's reach to 12 countries and 16 destinations within the Middle East, North
        AFP  -  101 words

  • SHIPPING
    • 591 18  -  The S$798m project planned near Cox's Bazar is backed by World Bank By DONALD URQUHART [SINGAPORE] Aiming for a slice of regional cargo flows, Bangladesh is moving forward with plans to construct a World Bankbacked deep-sea port and container terminal near
      FILE PHOTO  -  591 words
    • 330 18 Reuters [LONDON] Seaborne freight prices for hauling raw materials reversed a string of losses late last week on emerging demand, but analysts said it was too early to tell whether the market had turned. Demand into Asia, particularly China, the engine behind
      Reuters  -  330 words
    • 282 18 SGX '000 f*n ss w- vol CH Offshore JMO 0.01 2020 ChuanHup .0.7$ 0.02 8869 Cosco Corporation 139 0.10 ***** CWT Distribution 0.70 unch 0 Ezra Hldgs unch 163 Freigf* Unto. .0.10 unch 2653 Grand Banks Yacht ....1.04 0.02 59 JayaHokSngs 1.07 i*xh 829 K1 Venture- .0.28 unch
      282 words
    • 551 18 Bloomberg [LONDON] Norwegian billionaire John Fredriksen's Frontline Ltd, the world's largest tanker company, may say net income surged to a record US$372 million in the fourth quarter as an increase in oil supplies drove up freight rates. Profit jumped more than five-fold in
      Bloomberg  -  551 words
    • 269 18 Reuters [LONDON] British holidaymakers looking for a little romance in continental Europe ahead of St Valentine's day are facing delays to their trips after a berth at the busy port of Calais was damaged. A spokesman for the Port of Calais said only
      Reuters  -  269 words
  • Page 18 Advertisements
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      36 words

  • 11373 19 STRAITS TIMES INDEX STOCKS Stodi—— Wt Dm ttn Stodi name wt Oom Ouoy Alkjreen 50c 0.28 1.060 -0.010 NO. 2 38 3.540 -0 060 8IL Intl US20c 0 48 1.100 OCBC 9.69 13.800 CapitaLand 148 2 340 +0.050 Parkway H 25c 0.71 1.610 +0 010 Chart SemiCond 26c
    11,373 words

  • 3169 20 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES in total oarr In SI In USS *<>y yr dy %yr %dy %yr 1nde» Chang* Chang* ChariQt Chang* Chanflt Chang* Wortd lnde« Preliminary 8643 0 7 14 0.6 0.5 0.7 -flj SAFE Preliminary 800 0 0.7 3.5 0.4 0.6 0 5 -0.4 curope
    3,169 words
  • 1014 20 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Crude oil prices rose last week as data from the International Energy Agency (lEA) pointed to an oil market tighter than previously thought and after the US reported heavy falls in crude and distillates stockpiles. Gold led
    AFP  -  1,014 words

  • Page 21 Advertisements
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    • 885 22 MOL Combines <7 ran 9« <* shipping modes to ansur* timely, relmbb services covering major ports in > North America, Europe, Japan, Asks, Africa Oceania. Also mpt htra-Asia Cipn Ik 1 For Schedules, BL Searches, and Container Tracking, visit on our Home Poge: www.molsin.conl.s9 wmt-hwd.- ASAF SERVICE (EXPORT! Mho IWtW
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    • 821 22 |W WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS vtssa vot sw pjoanc cqiomoo|m.sheva Icoioboo kdhamiDHi mm mfb iofb i3fh I4FB »n ujksamphi ooww Ufa ufb ufb ?;fei 25fei SUim OMW WASt OUT r*OfK QUEST 0004W gffl in MAI 05 MA« 06 MAI 11 MAI
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    • 747 23 IAUf WALLENIUS WILHELMSEN website: http://www.2wglobol.tom [VESSEL ~YOY IRAMP HEIGHT I SIN LK MAO HOW MIA SAV »A 1 ORE NYC NEW MOB TAMERUNE AfSO4 3201 mm 6.4* I 16/02 10/03 20/03 27/03 21/03 02/04 31/03 04/04 24/03 TAIKO AESOS 4201e« 6.4 M 03/03 26/03 05/04 11/04 13/04 17/04 15/04 19/04
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    • 1103 23 VKSiI VOY SIN POU J£BSB m Ml .1 gas 52! ag_ -83 —SHSPAC lANDA IW* 30/0] 31/01 _EKJAU i 142 DS/M at/0? PAC lANDA 1396N 01/0? 01/0? PAC lANDA 1397N 02/02 03/02 PACIANDA 1398N 04/02 04/02 PAC lANDA *****1 05/02 0402 WWgrg 21(51 JlZftl PAC lANDA }jm 04/02 07/02 SSo
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    • 52 23 5 WINSTAR SHIPPING PTE LTD hm H*. IftJMSITM WINSTAR LOGISTIC PTE LTD hITfcIIWWIW s I N BATAM BATAM LINER A Sdfcp Wmldy (Mm Sot) I«*| J—■ Nrt, n Pwr Pwr KL/tQ/ C wlturi omm twilu. Ckmmj SikuHm m Jttl TUO ft MRM CHARTWNO, PROJECT CARGO FCL/LCL Transhipment/Crosstrod* Cargo Mivmhl ti
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    • 656 23 BSA x vEf i n^3TBlTeV!fS9 l^TS3n^^V r MYANMA n FIVE STAR LINE (MvwMor National Line) Loodiog for Ymyoß VESSEL VOY SIN PKL PEN PGU PAGAN 341W SU> HPA-AN J3OW SU IN MALAYSIA: ROUSTEAD SHIPPING AGENCIES KUL/PKL: 03-***** 3M PEN: 04-*****15 MUKk ACCEPTING CONVENTIONAL CBO HKG SIN HKG SM PGU Pitt
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  • Page 24 Advertisements
    • 1084 24 /l Spore Agon* lAL SU| JUmk. (5) ft. Ltd (O NO; USM93OOOBZ) crnlerasia JLines w°im-nu/ji 1 SUPER EXPRESS SERVICE TO HONQ KONQ JAPAN ttSStt Ivor Og Ml au no ser ytaa Twlmp^ WA* HAi 307 SOW 31/01 31/01 01/02 02/02 03/02 07/02 11/02 13/02 ACX MARIGOLD 023* 08/02 16/02 17/02
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    • 346 24 I E P T CARRIERS ill "WU HBfICI T DAT SAM.i IjlWHIj fOIMUMt TAMGOMSIM 17M ~11/01« "U/MnOM 10/01« Sgp B-HKa ;«g 4M«TAwymsitA jza KZJUB BM** oi/new Ififf HOM6 SO3M 31/MIHB 04/04 MOW M/M HU in ymma upttss hwki wiiKtY fixio put SAiimc smcAroti viitmao smc«ron 'vtssa VOT 1 SIM HPN
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    • 983 24 I/7H D|>7 8 IMCC MM* TH: 4211-1333 FAX: 6271 5272 /rjy\ LI 111 CO CUSTOM® SBVKi TIL 4221-5594 FAX: 4227-1190 //J SINGAPORE: TONG JOO SMPPWG PTILTD ONO- A l374^o<>o( D ««w^llnmm I KiWUI CO«TAWittsl» SiiYICU TO JMUYIUL HWB, MYAMMAI AM yttTIUM Ilvgsa voT rasw "ioT" m I rasa voT eh
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    • 311 24 SPECIALISE IN WAVY LIFTS A PROJECT CARGO mvHwmuiouMa WfM !???r.ii,.i rjm.ni n. MM* lISWC, lISMt, Hmmi HOUSTON NY MUISTMAI KAGK 21/02 to**. Mb OAan ports in USA, Mu»o, Gorribaan B South America on inducement. UNOAPOU 44*itYf ft H'wp W«m Sttppfcg (S) Pt« Ltd AfMdts Sdi BU 6m osts tJjwXfSmjwo ""Ti
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    • 456 24 I BHWPBj MBB||WTIGERWAVE 258iriWs!ft^^ ■PPifil TIGB PtA*l 259N 14-17/02 23-25/02 02-03/03 ■iUiij|i|T)6olSXY 260N 21-22/02 27-01/03 07-08/03 j. l .i MMncatfi 2*lS 24-24/02 FOR DISCHARGING ONLY I BHiMfl TIGER CDF 261N 24-25/02 02-03/03 08-09/03 pBMM TIGER WAVE 262N 27-21/02 07-06/03 12-13/03 1 m7A nKnutiaiicnißYß ■JnfflDONG FORTUNE 035 15-16/02 22-24/02 03-04/03 I
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 6090 25 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertfeer Veuel Voyage Telephone SIN Desfn Name Name Number Number SIN Detfn Name Name Number Number 28/02 31/03 NGPL TEIGNBANK SP184 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/03 26/03 CMACGM CSCL FELIXSTOWE SX111W *****800
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  • Page 25 Advertisements
    • 90 25 One-Stop Shipping Services Ship Registrations Ship Classifications Radio Accounting Tuvalu, Mongolia, Panama, Quality, Safety, Security SsrvlCSS Belize and many other flags Surveys and Consultants Accounting Authority RSO6 H* Most competitive fees low taxes 24-hour efficient service, 365 days a year Worldwide network of surveyors No restriction on nationality of Staffed
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  • BizIT
    • 751 26  -  The German chip giant will complete a $150 m back-end semicon test and assembly facility in Singapore this year. RAJU CHELLAM has the details RAJU CHELLAM European semiconductor giant Infineon Technologies AG wants the Asia-Pacific region to spearhead its growth, with Singapore as
      FILE PHOTO  -  751 words
    • 542 26  -  By RAJU CHELLAM DESPITE fears of a downturn and a fall in demand for electronics, overall silicon wafer grew a strong 22 per cent in quantity, and 26 per cent in value, in 2004 over 2003 globally. The effect of the downturn was felt
      542 words
    • 437 26  -  By KAJU CHELLAM PERSONAL computer leader Dell Inc has moved its design and research functions for its displays and imaging lines of business from the US to Singapore to take advantage of the talent and infrastructure available here. These roles are in addition to
      437 words
    • 785 27  -  BT exclusive Explosive increases expected in India, Philippines and China, says 4-nation study By AMIT ROY CHOUDHURY CALL centres in Asia will continue to grow significantly this year, with the key growth centres of India, Philippines and China recording
      Source: Kelly Services  -  785 words
    • <what's up>
      • 54 27 SINGAPORE-BASED Web hosting provider Ready Space Network Pte Ltd has deployed its operations in Equinix's Singapore data centre. Ready Space claims more than a thousand customers, ranging from small to medium-sized companies. Equinix Singapore will also refer customers seeking Web application services and smaller Web hosting
        54 words
      • 75 27 DATA recovery specialists CBL Data Recovery Technologies Inc has launched a service to recover the music files stored on damaged iPods. the popular MP3 music players from Apple. As the service is "non-invasive" and will not require the iPods to be physically opened up, it
        75 words
      • 48 27 SAMSUNG has released its latest slide phone, the 86 gmSGH-EBIOC (right). Featuring a rotating VGA camera, useful for selfportraits, and a large 1.72 inch LCD, the SGH-EBIOC can also record videos. It retails for $698 without a phone plan. Visit www.samsung.com for more details.
        48 words
      • 91 27 STORAGE specialist lomega has released its NAS IOOd networkattached storage (NAS) server, an entry-level storage device (above) that can be plugged into any network and be used by computers on various platforms, including Windows, Mac and Linux. The NAS IOOd also offers 802.1 lg/b wireless networking
        91 words
      • 65 27 FANCY sending voice e-mails recorded through your phone? US-based 2speak offers a service that, with a mouse click, calls you on your phone to let you record a voice message and e-mail the message as an audio file to up to 50 e-mail addresses. 2speak also allows
        65 words
      • 55 27  -  Compiled by ROLAND LIM SECURITY firm Symantec has reported that the MyDoom virus topped its virus submission list in 2004, both worldwide and in the Asia-Pacific region. This was followed by various flavours of the Netsky virus. Virus submissions from the Asia-Pacific accounted for 5.5
        55 words
  • Page 26 Advertisements
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    • 6 26 P ADAPTING FOR BUSINESS agile PG2B
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  • Page 27 Advertisements
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  • ADAPTING FOR BUSINESS
    • 1218 28  -  Analysts tell AMIT ROY CHOUDHURY why it pays to set up an integration competency centre AMIT ROY CHOUDHURY AS THE pace of business increases exponentially due to the use of new technologies, companies are facing an urgent need to integrate all their computer systems and processes
      AFP  -  1,218 words
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