The Business Times, 14 February 2001

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Total Pages: 45
1 46 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 028/12/2000 SINGAPORE Internet: hrtp://husiness-times.asial .com.sg/ WEDNESDAY, FEBRUARY 14, 2001
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  • 73 1 sn 1,988.79 (-1.39) BT-SRI 819.63 (+0.06) ST INDEX FUTUEES U90.00 (unch) SIMSCI FDTDHES 255.40 (-0.50) STOCK MARKET INDICES Tuesday Change JftSE OOMP 718J4 4.44 NIKKEI 228 *****.70 -148.11 HANG SENG 15,***** +149.61 SET INDEX 322.04 +3.84 JAKARTA COMP 426.17 +1.70 MANILA COMP __1,***** 19.79 TAIPEI WPI 6,027.49—+180.42 SEOUL
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  • 83 1 FOREX SATES US$ 8$ US$ (S$ per USS) 1.746 £(US$/S$ per 1.449 1528 EURO(US$/S$/E) 0.927 1.618 DM 2.111 1109 YEN 1173 67.10 RM 3.800 2.177 HK$ 7.800 4.468 BAHT 42.46 2452 RUP1AH 9,606 5,603 *S$ to tOO units *S$ to 100 units PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67
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  • 1316 1  -  Deal gives DBS 59.5% stake, values Vickers shares at $1.44 each, 40% above last-traded price Byi Angela Tan [SINGAPORE] Government-linked DBS Group Holdings announced yesterday it will merge its broking operations with Vickers Ballas Holdings in a $443.9 million deal that will create an
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  • 588 1 Fed leaves door open for more interest rate cnts Bloomberg, Reuters [WASHINGTON] In a sober assessment delivered to Congress yesterday, Federal Reserve chairman Alan Greenspan said the US economy faces a sharp slowdown this year as businesses work off unsold inventories and consumers appear
    Bloomberg,; Reuters  -  588 words
  • 469 1  -  Subscription rate falls to 10% if 84.2 m placement shares stripped ont From Eddie Toh in Kuala Lumpur THE closely watched initial public offering of Time dot Com the largest Malaysian IPO since 1995 fell flat on its face when it
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  • 334 1 [SINGAPORE] A senior lecturer and his financial controller wife beat 820 couples to win the top prize of a trip to Hawaii in the four-week Valentine's Doubles Stock ChaUenge that ended last Friday. Cheong Boon Leong, 45, and Chow Yoke Kuen, 41, topped them all
    RICHARD CHNG  -  334 words
  • Page 1 Advertisements
    • 102 1 INSIDE Top Stories SembCorp Marine's net earnings up 2% to $80m. Pg 5 Homegrown Tat Seng set to launch IPO. Pg 7 Secondary S$ bond market set to take off. Pg 8 Maybank posts RM7OI m profit. Pg 12 HK to issue four 3G licences in the middle of the
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    • 25 1 s i Top performing funds Taking a long-term view i Executive Money. Back Page Greenspan to call the shots again, Pg 27 Motoring, Pg 15
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    • 129 1 Broking mergers: It's courting time, Pg 4 Vickers Ballas net falls 14 Pg 4 Valentine's Day Celebratiom^^^A i 3y MiH Jf jaM^i! m£- jfl '^HhttfllHl romantic occasion with your loved one with a P* Raymond Weil Valentine Special dinner at TRADER VK'S. Valid with purchase of selected lymond Weil timepieces*from
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  • NEXT page
    • 425 2  -  Bat some types of multinational corporations can still donate By Chuang Peck Ming [SINGAPORE] Foreigners cannot contribute to political parties under the new political donations law which comes into effect tomorrow, but the ban does not necessarily cover multinational corporations. An MNC can
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    • ON THE grapevine
      • 96 2 DID you know that there are 3,000 people in Singapore who have more than $1 million in spare cash? We are not talking about those sitting in million-dollar homes but those with cold, hard cash deposited in a bank. This little tidbit came courtesy of a banker
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      • 111 2 s ACCORDING to the tai-tais (well-to-do housewives), there is increasingly too much fund-raising and hard-selling going on over lunch and get-togethers. A common complaint is that one tai-tai invites others, ostensibly to celebrate Chinese New Year or a farewell party for a member
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      • 128 2 HSBC won the mandate for Airport Authority of Hongkong's HK$2.5 billion (***** million) debt issue by basically undercutting the other bidders, says basis point. It's not unusual for the heavyweight bank to get the lion's share of Hongkong-dollar deals because it can afford pricing that no other
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    • 588 2  -  Hongkong listing to stay; plan to issne new shares From Audrey Tan in Hongkong THE Singapore-led consortium taking over Hongkonglisted Hing Kong Holdings may apply for a dual listing of the science park developer on the Singapore Exchange. Vision Century a consortium made
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  • Page 2 Advertisements
    • 450 2 KPMGSeminarSeries Statement of Accounting Standard No 33 Financial Instalments Recognition and Measurement Grand Hyatt Hotel Singapore, 9.00 am to 5.00pm What Statement of Accounting Standard No 33 establishes, for the first time, accounting and reporting standards for financial instruments particularly for derivative instruments and hedging activities. These changes can have
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  • Page 3 Advertisements
    • 99 3 Every day, 160,000 people are accessing infotainment services on their mobile phones. Ericsson says, let's make sure that as the Mobile want Ericsson mobile infotainment. What you want. Where you want it. Internet grows we're giving people what they want, where they want it. That's why, as part of its
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  • SINGAPORE companies
    • 585 4  -  BROKING MERGERS Competition, dwindling margins have driven brokers to look for partners Byx Andrea Tan THE impending marriage of Vickers Ballas and DBS Securities ends weeks of speculation about the identity of the former's bride. For months, the stockbroking industry has been awash
      Source: Lim & Tan Securities; ARTHUR LEE  -  585 words
    • 470 4  -  By Serena Ng VICKERS Ballas Holdings said yesterday its net profit for FY2OOO slipped 14 per cent to $55.2 million, as broking income in Singapore and Thailand fell because of lower commission rates and thinner market volume. Venture capital unit Vickers Capital, which
      470 words
    • 676 4  -  IWiK locksiew neil behrmann WITH global stock market performance ranging from volatile to dismal these days, hedge funds are becoming more fashionable. But are hedge funds the financial Holy Grail in today's investment climate? The hedge fund industry's sales pitch says that their
      676 words
    • 463 5  -  Its net profit rises to $80.2 m despite a 17% faU in turnover to $763 m By* Conrad Raj SEMBCORP Marine, the listed shipbuilding and shiprepair arm of SembCorp Industries, yesterday reported a 2 per cent rise in net earnings for FY2OOO, despite a
      FILE PHOTO  -  463 words
    • 583 5  -  Research houses give mixed views on company's prospects By Marissa Chew INVESTORS sold down property group Capita Land yesterday, as analysts offered mixed views on the company's prospects after its worse-than-expected results announced on Monday. Capita Land shares shed 11 cents from $2.74 on
      Source: Bloomberg  -  583 words
    • 173 7  -  Company sees China's imminent WTO entry throwing np opportunities By] Rachel Ong HOMEGROWN Tat Seng Paper Containers Pte Ltd plans to launch its IPO soon, according to managing director Roland Low. One of the largest homegrown corrugated packaging products manufacturers in
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    • 233 7 Inaugural issue will be $200 m of 3-year fixed rate notes with 2.9% pa coupon SINGAPORE Airport Terminal Services (Sats), the mainboard-listed provider of ground-handling and in-flight catering services at Changi Airport, plans a $500 million medium-term note (MTN) programme. The inaugural issue
      FILE PHOTO  -  233 words
    • COMPANYBriefs
      • 45 7 FEDERAL International yesterday warned that its turnover and profit for 2000 would not be in line with its earlier forecast due to unforeseen delays for some projects and lower-than-anticipated sales margins. However, the company still expects to remain in the black.
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      • 53 7 PSA Corp's debut bond offerings have won top honours from the financial magazine Asiamoney. The port operator's US$5OO million (SsB73 million) five-year issue last July won the Corporate Bond of the Year award, while its Ss6oo million 10-year issue was voted Local Currency Bond
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      • 68 7 I-ONE.NET yesterday announced that its 45 per cent associate, i-One Beijing, has formed a joint venture with Yanhuang Times Advertising Corporation Beijing to install Internet kiosks on the streets of China's capital. I-One Beijing will invest 600,000 renminbi (*****,000) for a 60 per cent
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      • 87 7 IN our Feb 7 report on PNE Industries's proposed acquisition of a stake in PNE PCB, we erred in saying that the acquisition was subject to a waiver for a general offer by PNE PCB for PNE Industries. The acquisition is subject to a waiver for a
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    • 310 7 Bloomberg [HONGKONG] ABN Amro Holding NV, the largest Dutch bank, said three equity staff quit its Singapore office a day after the company announced the sale of its European American Bank unit to Citigroup Inc. Richard Bailey, who headed the bank's sales
      Bloomberg  -  310 words
    • 493 7 Bank to be granted option to subscribe for np to 8m shares EASTERN Asia Technology Ltd (East Asia Tech) is planning to issue up to $25 million of convertible bonds to Credit Suisse First Boston (Singapore) Ltd (CSFB) to raise funds
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    • 239 7 Bloomberg FLEXTRONICS International Ltd expects to pay US$2OO million (*****.8 million) to US$BOO million to take over manufacturing at four Ericsson AB cellphone plants, the second-biggest contract manufacturer of electronics said in a filing. In its quarterly filing with the US Securities and
      Bloomberg  -  239 words
  • Page 4 Advertisements
    • 33 4 The Economist Intelligence Unit <SL^W) \Global Slowdown?/ What does thii mean for Asia? Find out fropi the experts. Asia|Pacific Strategic Retinal Outlook Hong Kong j Singapore March 6th 2001 f March 7th 2001
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    • 150 4 ■90 MinwH-'jv v 4 o 'JMwuiv (065 l** lit U\A V6KS C«« «f •< J«>f IrtA S6K> C«N w> P U«) W7 T* *1 fOAI UNt r« s««m SMO IHCiAi f AMI ft SMP S*' t» V«C P*J** M*o L»r f*S!SO P*.** $3fo le w»-)tt*o<Qf) Cciwv V*K> HK cc*-si*6oo«-,C<Jl*wt4>o>« WO
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  • Page 5 Advertisements
    • 265 5 >. ['/■s*' ;v xs-r' ,y, :>. P" V tV\.»v f*f V«T° v v v< *'T f 'i p' What Jimmy Yen taught millions of Chinese peasants. And Albert Einstein. I <*.'•#* '7'-Hal i The little-known story of communication, Yen transformed Jimmy Yen, one of the world's peasants into citnens. And
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  • SINGAPORE markets
    • 619 6  -  STOCKS ven sreenivasan THE Straits Times Index retreated after two consecutive days of gains as profit-taking hit banks and blue chips yesterday. Traders said players were turning cautious ahead of a keynote address by US Federal Reserve boss Alan Greenspan. They said
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    • 173 6  - Bonvest wrt decent numbers but poor liquidity WARRANT WATCH By\ R Sivanithy THE recent rally in second-liners didn't benefit all small caps many are still languishing in poor volume. And if they are out-of-the-money, the problems they face will worsen as time decay kicks in. Fortunately for the subject of
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    • 239 6  -  HOT STOCK By Ven Sreenivasan MERGER mania has been driving up the price of stockbroking shares in recent sessions. Ong Asia, which has been rising for five straight sessions, closed another two cents higher at 31 cents yesterday. This is a 55 per cent
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    • 133 6 AVTMO Grottp Ltd announced the resignation of Nicholas Martin Prest who ceased to act as a director of the company with effect from Feb 8,2001. ♦NOVENA Holdings Ltd announced the appointment of Heng Hang Siong as financial controller. Date of appointment is Feb 8,2001. ♦NERA Telecommunications Ltd will
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    • 510 6 Stocks Volume PacificCenturylOc 53,372,000 UOLWtOI 23,827,000 MediaRing 10c 18,971,000 Benefun HK10c 14,100,000 OngAsia 10c 13,127,000 Hyflux 5c 12,203,000 UOL 11,605,000 TP A 10c 10,376,000 Asia Food&Prop 9,317,000 Wing Tai 25c 8,201,000 Stocks PacificCenturylOc 60,270,800 OCBC 33,923,484 SIA 32,882,573 SPH 30,630,315 DBSGrp 24,711,771 Chart Semiconductor 26c 22,148,600 UOL 20,877,040 DatacraftlOc 17,530,787
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  • Page 6 Advertisements
    • 92 6 In thirty days, dining 70 storeys above ground would just be a remnant of your memories. On 15 March 2001, Compass Rose would be closed for a revamp. You'd probably reminisce about its distinguished cuisine, excellent service and of course, the strikingly stunning view. So at least, consider dining in
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    • 12 6 Larry Wee's currencies column appears on Page 27 TheßusinessTimes INTELLIGENCE CHANGES evcpvtmimr.
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  • Page 7 Advertisements
    • 80 7 This announcement appears as a matter of record only. 1 I I I rjvl housing I I 4> DEVELOPMENT I ■J DHADn Sfit 1 A K I I I 9 I S$500,000,000 I I Principal Amount of I I 3.52 Fixed Rate Notes due 2008 I I pursuant to I
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  • SINGAPORE news
    • 490 8/9  -  RI exclusive Change in Companies Act allows sale to retail investors ////i Siow Li Sen A CHANGE in the Companies Act. which came into effect last month, has paved the way for bonds to be offered to the retail investor. It may
      FILE PHOTO  -  490 words
    • 392 8/9  -  There is something honourable abont serving the pnblic By Eugene Low CONTRARY to popular opinion. it is easier to motivate public sector staff than private sector employees, according to Head of Civil Service Lim Siong Guan. "We think that
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    • 251 8/9  -  PXH on the economy New orders It//] David Boey US electronics firms reported a 3.6 per cent jump year-on-year in the value of new orders in December 2000 to US$l7.l billion (5529.8 billion), reversing a 0.34 per cent year-on-year dip the previous month. Moving
      Source: US Dept of Commerce  -  251 words
    • 397 8/9  -  Province offers perks for projects in forestry, mining Conrad Raj THE resource-rich Indonesian province of South Kalimantan on Borneo island is trying to woo more Singaporean investment. The province's governor, Sjachriel Darham, who was here on a two-day visit to meet potential investors,
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    • 399 8/9  -  It says it will focus on core businesses in power, gas sectors By' Teh Hooi Ling SINGAPORE Power (SP) received more than $500 million from the sale of its 25.5 per cent stake in Singapore's second multi-service infocommunications company, StarHub, sources said. The
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    • 435 8/9  -  Broadcasting will gain lion's share of ad pie: chairman ny\ David Boey SINGAPORE'S dominant broadcaster and radio station operator MediaCorp Group said yesterday it expects broadcasters to snare more television advertisement bookings as competition in the TV market hots up. MediaCorp chairman Cheng
      ST ABDUL AZIZ HUSSIN  -  435 words
    • 278 8/9 It's open-minded about going it alone or with partners SINGAPORE'S long-awaited Big Bang for the power industry is reviving foreign interest in the industry, which had waned in the wake of the Asian financial crisis. One company displaying strong interest is Atlantabased Mirant
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    • 351 8/9  -  ty/i Mariusa Chew SINGAPORE has moved up five notches to become the 20th most expensive office location in the world, owing to strong demand for office space. In a report, property consultancy CB Richard Ellis (CBRE) said the most expensive place for
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    • 355 8/9 PRODUCTIVITY is a marathon, where there is no finish line, so said Kohei Goshi, then president of the Japanese Productivity Centre. The race continues, and Singapore is hosting the 41st workshop meeting of the Asian Productivity Organisation (APO), which ends Friday. The APO was established
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  • Page 8/9 Advertisements
    • 133 8/9 i This is our most sophisticated technology. This is generation d This is World Com. Welcome to World Com, the digital communications company that's changing the way the world does business. Curious term this generation d This new digital generation. It's the knowledge and support to back them up And
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  • EDITORIAL & opinion
    • 733 10  -  ■nrc bottom line OPINION rajendra bajpal The writer is a New Delhi-based journalist who contributes to BT THE Indian government a 50 per cent partner in Maruti Udyog Ltd (MUL), India's largest carmaker, is right now engaged in a herculean effort to snatch
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    • 153 10 'Nobody objects that the prime minister plays golf on his day off, although personally, we wish he would read more books. Saakri Shimbun editorial on Japanese Prime Minister Yoshiro Mori's failure to appear to take the collision between an American submarine and Japanese fishing ship seriously. There
      153 words
    • 627 10 EDITORIAL SINGAPORE'S new Supplementary Retirement Scheme (SRS), unveiled last month and due to take effect from April, has many attractive features. But vigilance is needed to ensure it does not end up being narrower in its scope and coverage than intended The rationale for a retirement
      627 words
    • 1426 10  -  Opting for cosmetic quick fixes, authorities are jnst staving off what could be a calamitous collapse if the debt agony continues From Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo TO the outside world, it may appear inconceivable that
      REUTERS  -  1,426 words
    • 741 10  -  COMMENTARY He's playing Space Rangers when the serions threats lie elsewhere w Thomas Friedman The writer is a New York Times columnist IT'S only a month into the Bush administration and I'm already tired of listening to its foreign policy. Because it seems to be focused
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  • MAIL bag
    • 323 11  -  Raymond Chow Vice-President and Head Corporate Communications Singapore Exchange I REFER to your Hock Lock Siew column "It's time SGX addressed conflict-of-interest issues" (BT, Feb 2). The writer suggested that SGX's roles, as a regulator and a profitdriven company, are contradictory. We are of the view
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    • 712 11  -  Michelle Tan for Permanent Secretary Ministry of the Environment I REFER to the letter "Smoke gets in my eyes" by Yeow Kah Leong (Wheel Matters, Feb 10). Over the past several years, our monthly survey results have shown a decrease in the proportions of smoky
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  • Page 11 Advertisements
    • 211 11 4. \9BL %LJl r ;fcv ahi r 3 -A HHHKm B I BH| !t < 1 s j^Wn^^Mwaß'-^WPIMMM aHK m JwHßElfc jgL Jte:' '^^WPF UHL j| jjßg* 4[. "i^ H M it i. fl JS TB 'Ve^HE' The IBM Start Now solutions for e-business is a set of building blocks
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    • 184 11 We welcome letters. E-mail us at btletter® sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need yovm full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
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  • MALAYSIA news
    • 388 12 KUALA LUMPUR Top executive is arrested in connection with probe into major bond scam MALAYSIA'S graft buster has arrested a top executive of a state agency in charge of promoting Malay entrepreneurship in the largest bond scam in the country, according
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    • 179 12 KUALA LUMPUR AFP PLANS by German insurance giant Allianz AG to take over a Malaysian firm have collapsed after regulatory authorities blocked the deal. Allianz last July reached a conditional deal to buy a 31.6 per cent stake in Malaysia British Assurance Bhd from
      AFP  -  179 words
    • 456 12  -  RM7OI-3m earnings within forecasts; fall at broking, merchant banking units From] Diana Oon Abdullah in Kuala Lumpur MAYBANK, Malaysia's largest banking group, yesterday announced half-time net earnings of RM701.3 million (***** million) for the period ended Dec 31,2000 a figure which was within analysts'
      FILE PHOTO  -  456 words
    • 288 12 KUALALUMPUR Bloomberg UMW Holdings Bhd, which assembles and distributes Toyota Motor Corp vehicles in Malaysia, said profit feU 23 per cent in the fourth quarter as a slowdown in the country's economy hurt demand for new cars. Profit feU to RM21.5
      Bloomberg  -  288 words
  • Page 12 Advertisements
    • 126 12 f v J m salad main course mm math This is generation d Welcome to World Com, the digital communications company that's changing the way the world does business. i In today's world, tomorrow is not soon enough. Solutions have to it all up With technologies like IP ATM and
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  • REGIONAL news
    • 436 13 JAKARTA Akbar Tanjung says this wonld involve a constitutional compromise AFP INDONESIA'S lower house speaker Akbar Tanjung has indicated he may support a proposed power-sharing deal between President Abdurrahman Wahid and his vice-pres-ident as a solution to the country's leadership crisis. But
      AFP  -  436 words
    • 159 13 JAKARTA AFP INDONESIA'S central government has offlciaUy banned its 31 provinces from borrowing either at home or abroad or issuing bonds this year despite a new regional autonomy law which gives them power over their own finances. "This year we won't allow regions
      AFP  -  159 words
    • 289 13 MANILA Reuters THE wife of deposed Philippine president Joseph Estrada, seeking her family's vindication at the polls, has filed to be a candidate in elections to the Senate in May, the family said yesterday. Former first lady Luisa Ejercito Estrada's certificate of candidacy
      Reuters; AP  -  289 words
    • 306 13 BANGKOK New premier vows to take action on 'excessive spreads' Reuters THAI banks found themselves in the firing line yesterday after their latest controversial round of interest rate cuts, with new Prime Minister Thaksin Shinawatra saying deposit rates were too low and vowing
      Reuters  -  306 words
    • 294 13 JAKARTA Investors want more than 51% while Jakarta wants to sell no more than 51% INDONESIA wUI have difficulty selling its stakes in PT Bank Central Asia (BCA) and PT Bank Niaga because of limits on how much the government
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    • 213 13 Asia Pulp Paper unit to pay bondholders by end-Feb JAKARTA Bloomberg PT Pabrik Kertas Tjiwi Kimia, a unit of US-listed Asia Pulp Paper Co, plans to make a U5513.25 million (5523.1 million) payment to its bondholders by the end of February to avoid being declared in default. Tjiwi side-stepped default
      Bloomberg  -  213 words
    • 488 14  -  Selection process will combine beanty contest and auction in response to adverse market conditions From Audrey Tan in Hongkong HONGKONG will issue four 3G licences in the middle of this year, using a selection process which combines a
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    • 190 14 HONGKONG Bloomberg CHEUK Nang Technologies (Holdings) Ltd is chucking the notion of becoming an Internet company and going back to its real estate roots, dropping "technologies" from its name after less than a year's flirtation with the New Economy. The company,
      Bloomberg  -  190 words
    • 442 14  -  His appointment will ensure continuity of pro-business policies By Loh Hui Yin BANKER Antony Leung Kam Chung is due to be named Hongkong's financial secretary, ensuring continuity of the territory's pro-business policies. Mr Leung's appointment ends the urgent search for a candidate to
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    • 238 14 BOMBAY Reuters INDIAN financial institutions refused to buckle at a meeting on Monday to federal government pressure to buy its 50 per cent stake in Maruti Udyog Ltd, a money-losing, state-run car maker, a business daily reported yesterday. The Business Standard
      Reuters  -  238 words
    • ASIANotes
      • 73 14 AFX-Asia [HONGKONG] World Trade Organization general council chairman Stuart Harbinson said China is unlikely to join the WTO before the middle of the year, the South China Morning Post quoted him as saying in Geneva. He said it would become clear exactly when China
        AFX-Asia  -  73 words
      • 89 14 Reuters [BOMBAY] India's Tata Power Company and Hongkong power giant CLP Holdings are reportedly in discussions to form a joint venture, but have denied an agreement had already been struck to jointly bid for power distribution networks being privatised by Indian state governments.
        Reuters  -  89 words
      • 60 14 Bloomberg [HONGKONG] Hongkong.com Corp, an electronic commerce and travel website owned by Chinadotcom Corp, said strong interest income helped it make profit last year compared with a loss the year before. Hongkong.com said for the 12 months ended December it earned a profit of HK$4.4 million
        Bloomberg  -  60 words
      • 82 14 Bloomberg [HONGKONG] Legend Holdings Ltd, which has the largest share of the Asian computer market, reported net income doubled in the first nine months ended Dec 31 on growing sales. Legend said net income rose to HK$657 million (*****.2 million), or 8.8 HK cents a share,
        Bloomberg  -  82 words
  • Page 13 Advertisements
    • 83 13 v t w *m* ■MMMMBMMHMMJMMMMMMMB—<■—W—MB— I B Ijr I f I k JMIKaB KI E K, IRH H I ffIKJHHI V vW" I B Pacific I y i ji V HAf«M| HH pppr- I H •MpLl B I f n K*TT^*'' gji| you're spoilt for choice. ®5§ Singapore Reservations Toll
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  • Page 14 Advertisements
    • 129 14 These are your business shoes. This is generation d Welcome to World Com, the digital communications company that's changing the way the world does business. You can think just as well in a pair of jeans as you can in a suit. it all up With technologies like IP, ATM
      129 words

  • MOTORING
    • 504 15  -  m exclusive Group Exklusiv will be distributing VW and Renault vehicles in Jakarta soon, reports Christopher tax CHRISTOPHER TAN GROUP Exklusiv, one of the largest privately held motor groups here, has ventured into Indonesia the second Singa-pore-based motor company to have done so after last year's foray
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    • 472 15 THE Brazilian vehicle market is expected to rise by nearly 9 per cent to 1.53 million units this year, according to French car maker PSA Peugeot-Citroen in a report. PSA, which opened a new plant in Porto Real early this month, said although the
      AFP  -  472 words
    • 272 15 CAR advertisements here are usually mild by any standard, but one recent effort raised a few eyebrows. The ad, placed last month by Daihatsu agent Sin Tien Seng, compared its van to a Ferrari. Besides being "bigger than a Suzuki Carry, smaller than a
      272 words
    • BUMPER to BUMPER
      • 101 15 SINGAPORE'S car population grew a slower-than-usual 2.6 per cent to 393,180 units last year. The number of commercial vehicles rose a mere 1.2 per cent to 131,274. And the taxi cohort grew 1.7 per cent to 18,327. Overall, the four-wheel population expanded just 2.2
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      • 86 15 ALMOST 100,000 vehicles were deregistered here last year—almost double 1999's already-high figure. According to data from the Land Transport Authority (LTA), 99,349 vehicles were scrapped in 2000, up from 55,897 in 1999. Of the scrappings, 50,142 were cars (up from 32,567) and 28,227 were commercial vehicles
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      • 52 15 PARALLEL importers have added Audi and Opel to their line-up. Cheng Yong Credit one of the top grey importers here, is offering the Audi TT Quattro sports car as well as the Opel Zaflra seven-seater to folks who don't want to buy from
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      • 107 15 RENAULT-SAMSUNG Motors, the first South Korean carmaker acquired by foreigners, will launch a new small car next year and aims to be profitable by 2004, AFP quoted the company as saying. President Jerome Stoll said investment of 120 billion won (511.7 billion) during the next
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      • 142 15 AUDI had a good year in 2000. Group sales rose to 39.0 billion marks (5532.2 billion), from 29.6 billion in 1999. This figure includes the Italian importer Autogerma SpA for the first time. If this company is excluded from the results, sales revenue
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      • 81 15 PORSCHE aims to establish a partnership with engineering consultancy company Bertrandt, which has its headquarters in Ehningen. Talks are scheduled to start this month. Porsche's decision to approach the engineering services provider was taken against a background of increasing business links between the two companies.
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      • 55 15  -  Compiled by Christopher Tan FORGOT to place an order for a bouquet of roses today? How about a Valentine's Day edition farecard? The Transit Link card, featuring "a heart of fresh red roses", is available at the following train stations: Admiralty, Braddell, Bukit Batok, Dhoby Ghaut, Eunos, Jurong
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    • Article, Illustration
      1383 15 Average open market value (OMV) of cars registered in December2ooo. Source: LTA MODEL/MAKE CC AVE OMVfS) ALFA ROMEO A*****TS 1598 16,640 ALFA ROMEO A1562.0 1570 24.427 ALFA ROMEO A166 3.0 2.956 39.486 ASTON MARTW DB7 \WNftAGE *****99.478 AUMA31.6A3DR 1,596 ***** AUDI A41.6A40R 1.596 24,398 AUDIAB15rnP40R 1,781 36,730
      Source: LTA  -  1,383 words

  • NewAsiaBizWoman
    • Article, Illustration
      726 16  -  Elizabeth laroe has some tips od how you can become a better kisser ELIZABETH LARGE LAT-WP [BALTIMORE] A KISS isjustakiss? Never. Well, hardly ever. Ask Snow White, who was brought back to life with a kiss. Or A 1 Gore, who sent a message to his wife
      LAT-WP; REUTERS  -  726 words
  • Page 16 Advertisements
    • 901 16 thAi village. Holdings Ltd (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Thai Village Holdings Ltd will be held at 26 Amber Close #01-00, Sea View Hotel, Singapore *****4 on Wednesday 28 February 2001 at 2.30 p.m.
      901 words

  • e-NEWS
    • 581 17 SAN FRANCISCO Historic ruling is a major victory for entertainment establishment LAT-WP INTERNET music directory Napster must prevent its millions of devotees from swapping copyrighted songs, a federal appeals court ruled on Monday in a decision that is likely to lead to a
      LAT-WP  -  581 words
    • 303 17 HONGKONG Experts say it's the perfect time for the vims or its variants to appear Reuters, Bloomberg DON'T feel overly-flattered should you get love messages from unknown admirers today when the world celebrates the day set aside for lovers. Experts say the
      Reuters,; Bloomberg  -  303 words
    • 171 17 NYT For now, napster.com Is up and running—but be prepared for delays. Over the weekend, about 250 million songs were downloaded as users looked for free tunes before the plug is pulled. U.S. District Court Judge Marilyn Patel, who issued the original injunction against Napster, is
      NYT; AP  -  171 words
  • Page 17 Advertisements
    • 111 17 y-;. g~&5 V ,J ,'>" u *ik'^i%l '/\^l."/ r^I rjmtm;.' w' 'JB^H -fc s > Create demand or meet demand? s|§ji Productivity vs manhours? ts£o&iHMs st men ts vs returns? ;v ic vs rel'-iuii" -<# *f* i. ,sLji j l i .••> f —iiißM^ K^f H}^m-p *iraßre& •>• >. w»
      111 words

  • WORLD news
    • 431 18 BEVERLY HILLS Russell Crowe, Tom Hanks and Julia Roberts among the favourites for top awards AFP ROMANS, drug dealers, Chinese warriors, sweets and a gutsy legal researcher will square off for this year's Oscar for the best picture, the Academy of Motion Picture Arts
      AFP; AP  -  431 words
    • 523 18 LONDON Brazil, Mexico, India also benefit from rebonnd in investor mood Reuters CONFIDENCE in emerging markets measured by foreign direct investment (FDI) intentions has grown strongly, with China now ranking second only to the US as a destination for FDI. According to
      Reuters  -  523 words
    • 418 18 WASHINGTON AP LURED into stores by deep discounts and better weather, Americans pushed up sales at the nation's retailers in January by a strong 0.7 per cent, the biggest jump in four months. The Commerce Department's report yesterday showed
      AP  -  418 words
    • 732 19 WASHINGTON Scientists unveil first exhaustive analyses of the human genome LATWP HISTORY came full circle on Monday on a stage here: James D Watson, one of two scientists who unravelled the basic structure of DNA nearly half a century ago, beamed as his
      LATWP; AFP  -  732 words
    • 460 19 WASHINGTON Genome scientists have been placing bets on the number of human genes LATWP WITH Monday's announcement that the human genome likely contains between 26,000 and 40,000 genes, more than a few scientists are a dollar poorer. Genesweep, a good-natured betting pool established by scientists
      LATWP; AFP  -  460 words
    • 181 19 WASHINGTON LATWP GENETICALLY modified crops left to go wild for 10 years did not produce super plants or super weeds, and did not survive any better than conventional crops, according to a new study, prompting researchers to conclude that fears over the
      LATWP  -  181 words
    • 558 20  -  He will also warn Asians not to pnt bilateral, regional pacts ahead of WTO Prom Shada Islam in Brussels EUROPEAN Union Trade Commissioner Pascal Lamy heads for Asia this week in a renewed drive to launch global trade negotiations. During
      558 words
    • 368 20 MILAN European Commission may consider probe FT THE European Commission would consider whether to investigate possible collusion between Assicurazioni Generali of Italy, Axa of France and Allianz of Germany after Generali said that the three insurance giants had agreed an informal "non-aggres-sion" pact.
      FT  -  368 words
    • 299 20 PARIS Bloomberg FRANCE Telecom SA, seeking to reduce debt, raised 9 billion euros (5514.5 billion) by selling shares and bonds in its unprofitable mobile phone unit Orange SA after cutting the price. Orange, which helped fuel a 24 per cent rise in France
      Bloomberg  -  299 words
    • 407 20  -  Few admit openly to voting for P&nline Hanson bnt she does have her followers From Surinder Singh in Sydney MANY Australians who vote for Pauline Hanson and her One Nation party will not publicly admit that they support her. This is what
      AFP  -  407 words
  • Page 18 Advertisements
    • 70 18 Using our own E-Business Suite, Oracle saved $1 billion in 1 year. E-Business Suite Database Marketing <&_ Sales <&)_ Support Webstore Procurement <2f Manufacturing Supply Chain Mgmt <2f Financials Human Resources How much will you save? www.oracle.com Copyright ©2000 Oracle Corporation. All rights reserved. Oracle is a registered trademark, and
      70 words


  • Page 20 Advertisements
    • 1001 20 5 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Harimau Investments Limited wishes to make the following announcement: 1. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000 GROUP COMPANY For the Year ended Incr/ For the Year ended Incr/ 31.12.2000 31.12.1999 (Deer)
      1,001 words

  • FINANCE & commodities
    • 336 21  -  SGX Derivatives Tfradingßeport ST Index/MSCI STpore Index Wong Ann Chuen Refco Singapore THE Singapore stock market yesterday dipped marginally, weighted down mainly by the property sector. At the close, the benchmark Straits Times Index slid 1.39 points or 0.07 per cent to 1,988.79 points
      336 words
    • 292 21  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore TAIWAN'S stock market soared sharply as the row between the government and opposition party on a controversial scrapped nuclear plant looked set to end soon. Rises in US markets on Monday helped boost the Taiwan market
      292 words
    • 324 21 Reuters London THE euro early yesterday reversed some of the previous day's gains against the US dollar and the yen, undermined by weak German retail sales data ahead of Federal Reserve chairman Alan Greenspan's key speech. The yen also clawed back ground against the US dollar, moving further
      Reuters  -  324 words
    • Article, Illustration
      1239 21 DTTERBAMg CROSS RATES tf C$ fci [w FTr Dm H*S Ind is frptall Yon Won KM HZS Pafc Its Peso S$ Band Sir HT$ Bafct Pond US$ Australia 0.8% 4.449 0579 3.795 1.132 4.182 24.952 51.503 0.628 6.728 2.037 1.230 31.802 25.548 0.936 4195 0590 17.331 22.757 0.370 0.536 Canada
      1,239 words
    • 1888 21 SICOM FOTPRES Feb 13 RUBBER (futures closing as it 5.30p«) RSS1 CONTRACT (S cents/kg) OoM Vofame Open Month Hj«fc low Sett (touts) l*«r»st Mar 01 106.00 300 750 Apr 01 108.50 100 800 May 01 m.00 100 800 Jun 01 H2J0 100 800 RSS 3 CONTRACT (US cents/kg) VtiMM OpM
      1,888 words
  • Page 21 Advertisements

  • STOCKS east asia
    • 2846 22 HONGKONG AFP, AFX-Asia H Hang Seng +I*B-81 HONGKONG shares rebounded one per cent yesterday following gains on Wall Street, dealers said. The key Hang Seng Index gained 149.61 points to close at 15,842.72 on turnover of HK$B.74 billion. Dealers said the financial
      AFP,; AFX-Asia  -  2,846 words
    • Article, Illustration
      1037 22 Reuters n Shenzhen B Index -OJB CHINA'S stocks closed mixed yesterday after sleepy trade as most investors stayed on the sidelines amidst a market sell-off sparked by an official crackdown on price rigging. The Shenzhen B Share Index inched down 0.18 of a point or 0.14 per cent to
      Reuters; Source: Credit Lyonnes Securites (Asia) Ltd  -  1,037 words
    • 374 22 AFP HWP Index *180.42 TAIWAN share prices closed 3.1 per cent higher yesterday on news the government was ready to revive a scrapped nuclear power project, dealers said. The Taiwan Stock Exchange Weighted Price Index jumped 180.42 points to 6,027.49, regaining the psychological 6,000 level. The Cabinet has just
      AFP  -  374 words
    • 2056 22 TOKYO AFP OWkkdaaS -148.13 SHARE prices In Tokyo fell 1.1 per cent yesterday as Investors took profits on telecommunications issues after their US counterparts lost ground, brokers said. But the Bank of Japan's decision on Friday to cut its discount lending rate from 0.5 per
      AFP  -  2,056 words
  • Page 22 Advertisements

  • STOCKS klse
    • 8923 23 INDUSTRIALS Consumer products 2001 Last Vol Day Nat Cap High Low Company Sala '000 High Low P/E Smll 312 300 Ajinomoto 310 -2 5 312 310 17.0 125.6 45 30 Angkasa 37 54.6 342 286 Apollo Food Hlg 338 7J 135.2 356 308 Asia rile 346 -2 3 346 346
      8,923 words
    • 420 23 AFX-Asia H Composite Index -6.44 MALAYSIAN share prices yesterday closed lower in light trade, with many investors sidelined ahead of the subscription results for Time dotcom's initial public offering (IPO), dealers said. The IPO was being viewed as a key indicator of investor confidence
      AFX-Asia  -  420 words
  • Page 23 Advertisements

  • SGX clob & regional stocks
    • 2724 24 mm 1 liiTim y.'v'r BOMBS WARRANTS Feb 13 ■t Wrats tnmj ti*n 52-«m* Lot Ml 0* UrtOMto »»1 iwed Ca»» Urn Mk MIb Hi# Lea Sato «er- COM) Htfk Lm toro Mtor Mce ChiiHi) U»n Price HW <~Tm%2 Ltol 47 1 s Acma W*****4 1 -0.5 45 1.5 1 1
      2,724 words
    • Article, Illustration
      746 24 AFX-Asia n SET Index +3M THAI share prices closed higher in range-bound trade, supported by renewed buying in financials, banks and telecoms after Monday's falls, dealers said. The SET Index closed up 3.84 points or 1.20 per cent at 322.04, off a high of 322.29 and a low of
      AFX-Asia  -  746 words
    • 285 24 AFP Q Composite Index -19.79 THE benchmark index of the Philippine Stock Exchange closed down 19.79 points at 1,692.27. Turnover fell to 639.62 million shares worth 541.81 million pesos from 989.99 million shares valued at 734.46 million pesos a day earlier. frt 13 Peso C000) Abacus Construction 0.57 0.01
      AFP  -  285 words
    • Article, Illustration
      728 24 AFP Q Composite Index +L7O INDONESIAN share prices closed 0.4 per cent higher yesterday amid continuing political concerns and a lack of fresh leads, dealers said. They said investors were waiting for testimony by US Federal Reserve chairman Alan Greenspan to the Senate banking committee scheduled for later yesterday
      AFP  -  728 words
    • 260 24 AFP □NZSE-40 -7J7 NEW Zealand shares closed down 0.4 per cent yesterday with key blue chip stocks having mixed fortunes, dealers said. The benchmark NZSE-40 Capital Index closed down 7.17 points at 2,010.49 on turnover worth NZ5103.5 million. AFP mo m cooo) Advantage HQS 1.54 0.09 94 Air NZ
      AFP  -  260 words
    • 540 24 AFP All Ordinaries -HUO AUSTRALIAN shares closed 0.3 per cent higher yesterday driven by demand for News Corp stock, brokers said. The All Ordinaries Index closed 9.6 points higher at 3,286.7, while the SP/ASX2OO gained 10.8 points to 3,341.1. The All Industrials Index rose 19.5 points to 5,710.3. The
      AFP  -  540 words
    • 309 24 AFP P Composite Index -0.42 THE Korea Stock Exchange Composite Index closed down 0.42 of a point at 596.78. Volume stood at 334.8 million shares worth two trillion won. —AFP mu Anam Semi 4410 100 BralnTecti 580 5 Central Bank 170 unch Chall Comm ***** 900 Dm Cu Bank
      AFP  -  309 words
  • Page 24 Advertisements

  • 9820 25 WNNMiMM I iliiliiirpirir "I' i'i I >lMr»li11WWMaW)WW|W^IIWllWMW'iMWI^||WWWWMWWWHWMWBMBWBMWMMMMI SGXMAXNBOARD Transaction date: Feb 13 Gr Cr M Wt 52-Wk Last Vol Day Last Ouote Dlv Dtv YM Nat Cap Avg High Low Company Sala COOP) Hlfft Low Buyor »o«oc C'w H Ttl $wia Prtca MULTI-INDUSTRY 158 58.5 m c Acma
    9,820 words
  • Page 25 Advertisements
    • 72 25 Cash for your shares! A r r Call us at Come to us for fast, easy HOTLINE: 880 0688 and hassle-free share loans at low i nterest rates. QIN P API IR A East Coast: 348 8262 Beach Rd: 292 1459 I -inn/ X: OllelWllwlvl Bedok: 445 8011 Bukit Timah:
      72 words

  • Page 26 Advertisements
    • 241 26 Where to wine, dine and entertain..."™: (o>&& It's love at first bite when you celebrate Valentine's Day at Marriott Have a romantic dinner under the stars, indulge at the international buffet or savour award-winning Cantonese cuisine. Take your pick and add more bite to your love. For reservations, call Marriott
      241 words
    • 430 26 mM S Valentine's in romantic bistro-style setting. February 14th SGD 68.00 per person. Jj«Hj Price sultjccl lo 10* service charge and applicable government taxes including GST. |V THE ELIZABETH SINGAPORE W 24 Mount Elizabeth, Singapore *****8. Tel (65) 738 1188 Fax (65) 732 3866 E-mail pr@theelizabeth.com www.theelizabeth.com t i'v Love
      430 words
  • Page 26 Miscellaneous
    • 887 26 i ay t. £.\j TVITFT* Ml I i. ;rryg^—■ nmtfl mmmm® 12.00 MN NYPD Blue. ing Asia. 130 Singapore Business To- LOO AM Felicity. &30 Business Breakfast. night/Tech News. 900 Cluef idS Central: Blue s 2.00 What Went Wrong?. 7.00 The World Today/Busi- 2.00 Headlines Graphics. 1000 St ni ST
      887 words
    • 307 26 CRYPTIC CROSSWORD ACROSS (2.3,2,1,7) 1 Priest gets everyone to give a 5 Rejected person unpopular wrt^ homily (6) Payers (7) 4 Not a bad deal for turf accoun- 6 Classical character of moronic tarrtsl (8) disposition (7) 8 Expert in French (2,4) 7 Put on finery and disguised 9 Expressing
      307 words

  • MONEY matters
    • 1001 27  -  I comment CURRENCIES But optimism about the greenback may be a bit premature larry wee THE US dollar put on quite a creditable performance despite another poor performance by Wall Street last week, with renewed yen weakness the main feature of currency market moves.
      Source: Reuters; Source: Hypo  -  1,001 words
    • 681 27  -  3.25% target for 10-year S6S yields still on track By] Hsin-Li Chia The author is a strategist with JP Morgan Chase. This article is not an invitation to invest. BTand its contributors will not be held liable in any way. IN line with
      Source: JP MorganChase  -  681 words
  • Page 27 Advertisements
    • 1275 27 NOTICES To advertise call toll Iree 1800-741 1883 Fax No: 741 1298 J PROPERTY CONSULTANTS Quality Building Materials Finishing/Cutting Equipment cc 1997 "Comandulll" Synthesis PNC Type LUCIDACOSTE automatic polishino machine, "Bisso" manual polishing machine, "GMM Gravellona Toce" 36A bridge saws, "Breton" NCI6O automatic contour machine and water treatment plant. Auction
      1,275 words
    • 168 27 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF THE GLOBAL GROCER PTE LTD (IN MEMBERS'VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 (1) of the Companies Act, Cap.so that the Final Meeting of the members of the above
      168 words

  • EXECUTIVEmoney
    • 959 28  -  Upper's fund data almost uniformly show that 1999's winners ended 2000 on a losing streak, though funds with 3 to 5-year track records post respectable returns. GENEVIEVE CUA finds out how to put the performance numbers into context GENEVIEVE CUA IT'S the time of the year
      REUTERS  -  959 words
    • 748 28  -  With 50% more fond sales in 2000, St&nch&rt is aiming to bring its private banking services to a wider segment By\ Serena Ng STANDARD Chartered Bank, Singapore's largest distributor of third-party mutual funds, last year chalked up 50 per cent more in fund sales
      CHRIS LOH  -  748 words
  • Page 28 Advertisements
    • 32 28 INSIDE Capitalise on investor behaviour in ABN Amro's new fund EM 2 Playing it safe for guaranteed funds EM 3 Building your nest egg EM 4 Eyeing smaller cap stocks EM 5
      32 words

  • UNIT TRUSTS
    • 727 29  -  Investor behaviour holds the key to opportunities for ABN Amro's Japan fund, SERENA MO learns SERENA NG ABN Amro Asset Management has launched a novel CPF-approved behavioural finance fund that will trade Japanese equities, taking the cue from the opportunities created by irrational investor behaviour. Called
      727 words
    • 4121 29 Source: Standard&Poor`s Fund Services Nsrt publication date.- March 6. 2001 Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal launch 29-12-2000 31-10-2000 31-07-2000 31-01-2000 30-01-1096 31-01-1906 star
      Source: Standard&Poor`s Fund Services  -  4,121 words
    • 1051 30  -  If you must invest in a guaranteed fund, SG Asset Management uses an enhanced portfolio strategy which offers potentially higher returns. GENEVIEVE CUA takes a look at how it works GENEVIEVE CUA THE Executive Money's recent cover piece (Jan 17; Caution: Low Returns Ahead) on why the
      FILE PHOTO; Source: SG As Manegement  -  1,051 words

  • Page 30 Advertisements
    • 557 30 The Funds the double cuarantel plan The DOUBLE GUARANTEE Plan S$ Capital Guaranteed SS Return jr a CA/ A I\t lu s t\eh IromGk (.oh aiuf Mand.ud C bartered. the (,l'\K\Nll! (Man in\est<'equull\ mlo two new I'l Global Growth Fund Guaranteed Fund (50/>0 Allocation) DOtl'Bl I (.I I ARAN 111
      557 words

  • PERSONAL FINANCE
    • 2286 31  -  A new breed of financial planners hopes that with American-style techniques, heavy savers in countries like Japan and Germany can retire richer. JOHN H CHRISTY and SUSAN KITCHENS find out more JOHN H CHRISTY SUSAN KITCHENS A FEW years ago, Timothy McCarthy, as the No 3
      FILE PHOTO  -  2,286 words
    • 1033 31 Next pub dat*: March 8,2001 Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal launch 29-12-2000 31-10-2000 31-07-2000 31-01-2000 31-01-1906 30-01-1996 star date 31-01-2001 31-01-2001 31-01-2001 31-01-2001 31-01-2001 31-01-2001 ranking /Vaaet AJ location Ex Jap ICS MM Balanced Growth Y 02/05/1996 5.93
      1,033 words
  • Page 31 Advertisements

  • PERSONAL INVESTMENT
    • 1017 32 stock frrm Following interest rate cuts totalling 100 basis points last month, you could almost hear markets heave a great sigh of relief, as the Fed once again proved its vigilance and willingness to take decisive action. These rate cuts helped arrest Nasdaq's
      1,017 words
    • 500 32  -  YOURll'.Mlfd'l Euro Asia's 26% redaction Is unusual given that price cuts may not spnr demand yap khek heng IN the most significant price cut by a developer since the 1998 crisis, Euro Asia Realty, a private developer but with substantial residential assets no
      500 words
    • 1381 32  -  inside irrercirrei By Robert Halili The writer is managing director at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore News Desk THE Singapore insider sentiment ended in negative territory for the second consecutive week, with the index at minus
      Source: Primark ITA  -  1,381 words
    • 270 32 BANKS/FINANCE COMPANIES AMOUNT 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS ABN-AmroBank *****-***** 1.2500 1.6300 2.0000 2.1250 2.3800 *****-***** 1.6800 1.7500 1.7500 1.8100 1,8100 Bank of East Asia 1000-***** 1.6875 1.9375 2.3125 2.4375 2.8125 *****-*****9 2.3125 2.3750 2.5625 2.7500 3.0625 Bank of
      270 words
    • 1070 32 Offered by various banks (as at Feb 13. 2001) Oepo»rt amount 1-ffith 3-mtti 6-mth DBS Bank A$ S10.000 A24.999 4.8700 4.9700 4 760C A25 000 A49.999 4 8900 4 9900 4 780C Dvnk S10.000 Dm99.999 4.1500 4 1800 4.1000 DmIOOOOO Dm149,999 4.2000 4.2200 4.1500 Eur S10.000 Eur49,999
      1,070 words

  • SHIPPING TIMES
    • 276 33 Reuters THE Baltic Dry Index (BDI) slipped four points to 1,445, the Baltic Panamax Index (BPI) fell 11 points to 1,518 and the Baltic Handymax Index (BHI) shed four points to 8,899, while the Baltic Capesize Index (BCI) gained one point to 1,829. Panamax owners are unlikely to
      Reuters  -  276 words
    • 303 33 SOX a* HP* MB W CWT Distribution 031 unch 0 Chuan Hup 0-36 -0.01 672 Cosco invastmant—0.18 0.01 1019 Fraight Links 0.12 0.01 203 GB Holdings 0.47 -0.01 5 IMC Ho*«ngs-HK —5.60 unch 0 Jaya Holdings 0.15 uneh 65 KappalCorp 3.44 0.04 1239 Kappal FELS 1.05 -001 213
      303 words
    • 91 33 AFX-Asia [HONGKONG] Lorry drivers yesterday continued their blockade of Hongkong's container terminals in a protest over the reimposition of higher handling charges, witnesses said. But reports from Hongkong late in the evening say that the dispute appears to be nearing resolution as mid-stream terminal operators, the firms
      AFX-Asia; AP  -  91 words
    • 257 33  -  The joint venture Tnticorin terminal sees 17% rise in container handling By] Donald Urquhart [SINGAPORE] PSA Corporation's Tuticorin Container Terminal (TCT) in South India has posted a 17 per cent year-on-year rise in container handling volumes for 2000, to over 150,000 TEUs (20-ft equivalent
      257 words
    • 151 33 {SINGAPORE] Law Minister S Jayakumar has called for the development of a model national law on piracy which will help control the menace of piracy. Opening the 37th Comite Maritime International (CMI) conference here on Monday, he said: "The development of a model
      151 words
    • 868 33  -  STRAIT TALK By\ Seafarer LAST week our Admiralty Casebook column quite rightly drew attention to the fact that the master and the chief officer of the container ship Bunga Teratai Satu had escaped prosecution following its grounding on the Great Barrier
      868 words
    • 474 33  -  Move in line with focus on maTimising corporate profit, shareholder's return By Donald Urquhart [SINGAPORE] Cosco Investment (Singapore) Ltd, the publicly-listed arm of China's largest shipping and maritime group China Ocean Shipping (Group) Company (Cosco) is set to make several key investments
      CHRIS LOH  -  474 words
    • SHIPPING news
      • 534 34  -  The Port of Vung Ang in Ey Anh district will open np a new sea route for central Vietnam, Laos and north-eastern Thailand From P T Bangsberg in Manila THE first deep-sea port in Vietnam's central coastal province of Ha Tinh north of
        534 words
      • 285 34 Bloomberg [SEOUL] Korea Development Bank, the biggest shareholder of Daewoo Shipbuilding Marine Engineering Co, resumed its assessment of a proposal from an Australian investor to buy a stake in the world's No 2 shipbuilder, Daewoo Shipbuilding said. The review of Newcastle
        Bloomberg; FILE PHOTO  -  285 words
    • 297 34 PACE Ahrenkiel 12 AppensMp 5 AsiaOCL 11 Assets 5 Austral 6 Avant 12 B'tang Mas 6 BSA 7 BTL 12 BalajiShpg 5 Bangladesh 11 BatamMo 11 CON 7 CMACGM 3 COSCO 3 COCOS S CSAV 3 Central Ex 6 Chahaya 12 ChoYanq 5 China Slipg 5 Confer
      297 words
    • 19758 40 THEBUSINESSTIMES THEBUSINESSTIMES E X PO RT WEDNESDAY, FEBI ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 21/02 30/03 Setramar VILLE D£ SAGITTA 363W 65-*****33 21/02 31/03 COSCO EMPRESS PHOENIX 0099W 65-*****00 21/02 03/04 ZIM/Seth ZIM EILATI 12W 65-*****12
      19,758 words
    • SHIPS IN PORT
      • 794 45 Vessel Voy No Berth Arrival Departure Yurishima Mar-00 *J06 13/02/8:30 O/O2/1900 Bt Hermina ***** J01 13/02/8:10 13/02/20^)0 Winstar 1 017S01 J03 13/02/7:25 13/02/2100 Terang 18 M1044 J02 13/02/9:10 13/02/1600 Ef 23 27 J02 13/02/9:40 13/02/17:30 Bt 0 Utama ***** J01 13/02/9:50 13/02/2000 Bt Afrizal ***** J01 13/02/8:30 13/02/2300
        794 words
      • 1751 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From Jo From ACX DAHLIA 0311 11/23:00 8 12/1500 12/89* OyOO 2A 12/1700 U/0659 13/0900 21 12/1700 13/0659 13/0900 WXUCU 0051 13/200 8 12/1500 12/89* NrtO 2A 12/1700 13/0659 11/0900 ACX (AIK1 23S
        1,751 words
      • 201 45 Feb 19 United States: Presidents Day. Feb 23 Brinei: National Day. Marl South Korea: Independence Movement Day. Mar 6 Brunei: Hari Raya HajiIndonesia: Idul Adha A.H. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Mar 17 Ireland: St. Patrick Day. United Kingdom: St-Patrick's Day. Mar 20 Japan: Vernal
        201 words
      • 781 45 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
        781 words
      • 563 45 Carton ISO Max 986.5 OJ 15.9 0.06 65 0.03 Fate Density N*t*r Residue Ash Atuwintum Sediment No above E25 0 0 1 0 0 380 Ave 985.2 0J 13.1 0.06 27 0.01 JZZ 380 Max 989.7 0.7 16.1 0.09 54 0.03 W/W3 %W/» %M/M %M/M rru
        563 words
    • AIR & LAND transport
      • 871 46 They don't keep passengers informed or attend to their basic needs, it says NYT [WASHINGTON] Despite promises by airlines to treat passengers better, they do a poor job of making delays more tolerable by keeping customers informed and
        NYT; FILE PHOTO  -  871 words
      • 318 46 The Sonth Korean carrier reports 68b won loss for 2000 Bloomberg [SEOUL] Asiana Airlines, South Korea's second largest airline, said it posted a loss in 2000 as rising fuel costs and a weak currency offset increased airfreight demand. The company posted a
        Bloomberg  -  318 words
      • 562 46 NYT IN 1948, Pan American World Airways ushered in what was apparently the first in-flight movie when it set up a projector and screen in the aisle and showed Stagecoach with John Wayne. Since then, passengers have had access to
        NYT  -  562 words
      • 252 46 Bloomberg [SEATTLE] Boeing Co won a contract valued at as much as US$BOO million (Ssl.4 billion) from the US Air Force to supply as many as seven C-40 transports, a special version of the Boeing Business Jet. Boeing gets a firm
        Bloomberg  -  252 words
      • 144 46 Reuters [MADRID] The Spanish state will retain a golden share in soon-to-be-privatised national airline Iberia for five years, financial newspaper Cinco Dias reported on Monday. State holding company SEPI is preparing to sell its remaining 54 per cent of the flag carrier on
        Reuters  -  144 words
      • LOGBook
        • 67 46 AFP {COLOMBO] A Sri Lankan airlines Airbus A-340 aircraft made an emergency landing after one of its nose wheels burst on take off from Colombo on Sunday, officials said. The control tower advised the aircraft to return to base while emergency services were placed on
          AFP  -  67 words
        • 122 46 AFX-Asia [SHANGHAI] Korean Air has been ordered to pay damages to 37 Shanghai residents affected when a cargo plane crashed shortly after take-off here on April 15,1999, the China Daily reported. The No 1 Higher People's Court erf Shanghai ruled Korean Air should pay
          AFX-Asia  -  122 words
        • 124 46 Bloomberg [HONGKONG] Cathay Pacific Airways said it will start a service to Delhi, its second destination in India, after the governments of India and Hongkong agreed to allow more capacity. The new service will fly four times a week between the two cities with
          Bloomberg  -  124 words
      • 296 46 Reuters [NEW DELHI] German airline Lufthansa is to start flights from Germany to India's Bangalore city as part of a code-sharing agreement with Air India, the Indian government said on Monday. Lufthansa had been in discussions with New Delhi since 1995 on ways of getting
        Reuters  -  296 words
      • 1753 46 QTT fU6HT ETA FU6HT TO MrtaMt AM230 BOO LH6381 1900 S0230 WOO Aatt«r*a KL0043 0530 KtOtX 2J35 S023 0640 $0328 2340 6A979 1U5 KlOtW gg mmmmftn MOP OHO Aackland ****** 2020 ****** 2045 saa> wp sazg too pawn srm ore OdO»«Ni M/W46 030 MI/MMT 0755 0S«1B«9*.tri
        1,753 words
  • Page 33 Advertisements
    • 107 33 iAbla's Leading Practical Port Event Improve Efficiency Increase Your Profitability Visit TOC Asia 2001 Exhibition Meet over 45 Leading International Port Terminal Suppliers Service Providers 3 days to discover products, meet suppliers, formulate buying decisions network with the industry's finest! Exhibition Opening Hours Tuesday 20 February 0800 1800 Wednesday 21
      107 words

  • Page 34 Advertisements
    • 1191 34 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS SBX-BUP€BtHUTmEXPBEBB-IHteCT TO LONO BEACH 1 I WECT(»AgTOfCBmWL 1 VBSB VOT f*"**' I M* 9 HOUSTON OOCAGO WWYOOi ■EXKQQTY *B» VQY |SM fT.OMTZAi UAWTU SAIHOMgO CORWTO JTtMjgA —MVBWW MUM CMZ OOdNETHBIANDS 20E07 14/01 14/H 02/03 00/03 07/03 07/03 10/03 10/03 JJJ
      1,191 words
    • 766 34 lines services represented by t I* 4S9k\ Members of #w Registry of Members of the 3 Accredited Shipping Agents, "St L 9 ShCS Singapore Shipping Association Association SULY LINE MA| PI ivtssa I w nTni hi I P. KLANG SPORE MALI Princess Uty VP2OI 25/02 26/02 05/03 Empress Lily VO3Ol
      766 words

  • Page 35 Advertisements
    • 1281 35 TO EUROPE FROM EUROPE IvESSB VOY SM RTM ANR HAM BtV SOU FXT LEH I [vKSa VOY I RTM ANR HAM »«V SOU FIT IEH SW An GERMANY 031W 15/02 10/03 07/03 08/03 05/03 API ALJNANDME 3191 28/01 75/0) 24/0123/01 15/02 MOIMOSEL 538W 16/02 04/03 06/03 09/03 10/03 API AGATE
      1,281 words
    • 2202 35 Fn: YANTAI EVERY FRIDAY (T/T t DAYS) JET YANTIAN EVERY TUESDAY g FRIDAY (T/T x 4 DAYS) A I GENERAL AGENTS M SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD *12-00 SAUS/IKGS *****57/43 inward DEPT (D/ 0) *****86 COSTAR AGENCIES
      2,202 words

  • Page 36 Advertisements
    • 1509 36 C SENATOR LINES TO UK/CONTINENT TO MEDrnSRRANBANIJS EAgr CQAgTALI, WATER Vtssa VOY LEH HTW AMR HAM ORV FLX VESSEL VOY SW BIT SPE FOS VIC HYC PORTUGAL SENATOR 0015W 13.02 02.03 03.03 04.03 01 03 02.03 04.03 CHOYANG WORLD 0943W 15 02 M.83 HO3 01 03 10.03 21 0) HANJIN
      1,509 words
    • 894 36 am MAC-NELS SPORE M'Slfl Carrier: MN CONTR LINES, INC p.gu0ang:(07)*****26 I~ly~/\~ J cm NOiiaOM7aeOM« SIBU: (064) *****9 MANILA: (632)*****24 V w PENANQ: (04)*****36 BANGKOK: (662) *****67 SURABAYA: (31)*****11 P. MELAMQ: (03) *****77 JKT (21)*****46 KIK>6NG (062) *****1-3 HAIPHONG LAIM CHABANG MV "MELINH" V.OSN MV "ASIMONT" V.L8043 ETA SIN: 17-02-2001 SIN:
      894 words
    • 746 36 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MULUND, MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN I.C.D. POINTS VMMI SPORE N.SHEVA COCHIN COLOMBO P.KLANG PU GLORY VIOSW 11 FEB 11 FEB 02 MAR 05 MAR 09 MAR TULSIDAS V.138 25 FEB OS MAR 09 MAR 12
      746 words

  • Page 37 Advertisements
    • 1424 37 IVESSEI VOY KHH HtCO I SIN PKL DXB BAB PMM UK IRAN TABATABAEI PCL-193 10/02 11/02 15/02 24/02 25/02 27/02 01/03 IRAN KERMAN PCL-194 13/02 14/02 17/02 18/02 25/02 26/02 28/02 02/03 IRAN ISFAMAN PCL-195 20/02 21/02 24/02 25/02 04/03 05/03 07/03 09/03 IRAN HORMOZGAN PCI-196 27/02 28/02 03/03 04/03
      1,424 words
    • 416 37 I Loading for BLUE LADY RDM/ATW/BMNAJK OCEAN ISLAND RDM/ATW/BMNAJK Loads Singapore, EVW. Malaysia. tndoneaia J Loading for PIONEER SUN DBl/ABU/DOH/BRN/DMM/KWT LOK KRANTI JDH/AQA/ADN ARETE JDH/AQA/DMT BAN ANN DBVABU/DOVBRPVDMM/KWT toads Singapore. E7W. Malaysia. Indonesia I Loading for GRANT MARINER NCX/SAV/CAM/TMP TAICANGHAJ VCB/VCWAAX/MZL ARCHIMEDES NOL/TPC/CAM/JAX toads E7W. Malaysia. Indonesia I IS' pore
      416 words
    • 1342 37 EUROPi EXPRESS SERVICE EXPORT IMPORT" i»% a .WLiatSA'IK |j» i g oiy« mwm ®l®P h 615* :xm :xm otm mm hew: :5k 327 m mww oosi mio2 jjcw m. m PUSANSEN 017W 27/03 13/04 IS/04 16/04 17/04 11/04 11/04 HJATHBB |004 l 01/W 103/03 05/03 1 01/03 1 25/03 TRANSPACIFIC
      1,342 words

  • Page 38 Advertisements
    • 491 38 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i VESSEL I VOY SIN PW SK LEH I FXT Ali 1 JSLGIM QUIZE Ilffl QIMAR QZ-MAB 12M JAM JLiMAi 1 jmm QMS 2HO LLM LIMA! 2JLMM. 22 MAR KIM 1 MSC KAfAfLA QIQ2S UiM l&M 2im 2LM. 2iM Mil 1 MSC REGINA
      491 words
    • 887 38 VV|T|TBV||Tr|^^ mtssgsmmmmm^ vnsa vot an m if loi I Ivcsa m aw jkt pm chahaihum itm 17/07 21/02 ?o/o? hahihum lis 17/112 21/P2 I! 5 IE |S8 I InSlllL. LJL.lj^JjLl'^ CaWnfl BANGKOK fTPT) A< Calling BKK/BBP > BKK (PAT) SURABAYA II AMI LA VESSEL VOT SIN SUI VP«L 1 VOT
      887 words
    • 608 38 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL CONTAINER BEHVICE vs. voy m sw w syp m m m. m m.mm yn u/w u/w ,u/#i b/oi r/oi n/n formm "ST i*/oi »/ox oi/w 64/oj 5/5 w/o mm* «T H/nv/m m/m TT/io iyn it/w maun »/B3 ot/o u/w is/u 20/ un/os -n/os
      608 words

  • Page 39 Advertisements
    • 402 39 BSfl a. MYANMA wfißk FIVE STAR LINE (Myanmor Notional Line) Loading for Yangon VESSEL VOT SIN PKL PEN PGU PAGAN 290W SID lAGO 118W 15/02 MALAYSIA AGENTS: KHISTIAO SHIPPING AGENCIES KUL TH 03-*****00 PKL Til 03-*****101 PEN: TEI 04-*****02 PGU: TEL 07-*****21/4 BANK LINE '■3S& (A strvic* of Andrtw Weir
      402 words
    • 1240 39 HYUNDAI MERCHANTMARINE COyLTDIVESSB VOY IflHI SOU I tfll I RTM I ANT I HAM I BRV IVESSB I VOY I SOU 1 181 I RTW I ANT I HAN I BBV~ *11 APIGBUHANY VLO3IW 15/02 05/03 10/03 07/03 01/03 TYRE J4IE 16/01 27/01 21/01 13/01 14/02 MOLMOSB VLS3BW 16/02 09/03
      1,240 words
    • 857 39 vtf/v WALLENIUS WILHELMSEN TO NORTH AND UTIW AMERICA ROUP HIAVYUFT StßVlg* fVISSE VOY RAMP HEIGHT SIN |IK MAO DMA SAV BAL ORF NYC NEW MOI TAMO AHTOT "400 Tom U* ~U707 ***** M7OT WOT 1270T T37OT 15/04 19/04 20/04 TOURCOMG AH 104 400 Tom 6.3 M 09/03 14/04 17/04 19/04
      857 words

  • Page 40 Advertisements
    • 29 40 ftp Supply Chain >.« >■ S*'s gf^l An intermediary link between land and sea. f' J HHk H co http: .v. ptp.com. my G( i ie: 607 5"04 2222 "jMBITWy x
      29 words


  • Page 42 Advertisements
    • 89 42 Gfflk SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 J Fait (65) *****66 Email: feneral#ecusin eculine net .r>r>tTrciTrr^ B -re WESTOCEAN LINE INDONESIAN PORTS Weekly Service Banjarmasin/Jambi/Palembang/ j/jy. approved IRAQ shipments Panjang/Pontianak/Perawan/Pekan Baru Call: 220 3373 See Pg 12 SIN HUP SENG HUAT RCL > S Steaming
      89 words

  • Page 43 Advertisements
    • 1111 43 SSAMUDERA SHIPPING LINE LTD 72 Anson Road, #06-01 to 03, Singapore *****1 MAIN LINE/OUTWARD: 532 3688 INWARD (DID): 437 2368 IMPORT STATUS (DID): 437 2378 INVENTORY (DID): 437 2420 Wobsit* http://www.jamudera.com CR NO. 1M*****000H BOOKINGS LINE; 535 6266 (Celio/Jessico/Mei Chan/Jeslynn/Dora/Yvonne/Hanim) Q2Q3HHSBH 7 SLGS/WEEKLY 3 SLGS/WEEKLY Ivessel vor sin jak Ivessel
      1,111 words
    • 764 43 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I PRO I SIM I «T I SM I MW I PM I CM! I OOM HAI I MTI 1 ORF 1 SAY I WW I TAM I HOU I HOKHOm /0660 01/02 10/01 13/01 15/01 27/01 23/01 11/02 15/03 15/03 )»/03
      764 words
    • 656 43 ENG LEE SHIPPING CO PTE LTD I I MZKS-X M: *****22 (10 Um) Fu: 5330*31/532*960 (lite 15»*****000t I VESSEL VOT SIM ETA SIN ETD DESTINATION Gondo II 04/01 12/02 14/02 JokorTo Umon Sim 22 03/01 14/02 15/02 Soroboyo Union S*or 12 02/01 14/02 16/02 Jokorlc Dwi Doyo 02/01 15/02 15/02
      656 words

  • Page 44 Advertisements
    • 604 44 I VESSEL VOY SIN MAA SIN TIGER BRIDGE 872N 15-16/02 20-24/02 28-01/03 TIGER METRO 873N 19-20/02 25-28/02 04-05/03 TIGER STAR 874N 22-23/02 28-03/03 07-08/03 TIGER RHYTHM 875N 25-26/02 03-07/03 11-12/03 TIGER BRIDGE 876N 28-01/03 06-10/03 14-15/03 TIGER METRO 877N 04-05/03 10-13,"03 17-18/08 IVESSE^^^VO^^SIP^^CA^^SI^^I XPRESS SPORE 312 14-15/02 22-24/02 04-05/03 XPRESS
      604 words
    • 1124 44 A FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 iSflp Tel: *****11 Fax: *****77 E-mail: flesinOtingnet.com.sg WEBSITE: www.freightlinkt.net BUSAN MV. Al AID Ail VCII7I NEW DELHI MV. PU GLORY VIOSW ITA SIN: 17/02/2001 ETA SIN: 18/02/1001 XINGANG mv. trade rcsiA vooie PORT
      1,124 words
    • 820 44 TO BUROn CHINA N. BUROPf MRVICE VESSEL VOY m HKC XGG TAO SHA TEAMTKIA 55TC T7TB STTEB 53T8 57TE6 5TmaK UAMJIKI KEELUUC ~P76E 24 FEB 28 FEB 04 MAR P4WSR 06 MAR TRADE FREDA 001E 03 MAR 07 MAR 11 MAR 13 MAR 15 MAR HANJIN BREMEN 053E 10 MAR
      820 words

  • Page 45 Miscellaneous
    • 124 45 Issued by Meteorological Service Singapore LcVacNL). f<£ Thunderstorm V owe s Temperature °C~/ Wind direction and speed in knots Ra,n Weather U Cloudy Day X Hazy Sea Conditions Wind speed symbols i slight, < 1 2m O Full circle w/o line indicates calm or light and variable winds I Moderate,
      124 words