The Business Times, 2 March 2001

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Total Pages: 46
1 46 The Business Times
  • 13 1 THE BUSINESS TIMES MITA(P) 028/12/2000 SINGAPORE J Internet: http://business-times.asial.com.sg/ FRIDAY. MARCH 2. 2001
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  • 74 1 rtsn M UU7? (-35.63) i A*4S' V 4 '"v'S r BT-SBI 7NJ9 (-17.49) nn DCDEX rtmirflß 11 MUUM (-29.00) nsusanmnms mm M4J« (-3.70) matukMEaamca KLBEOOMP C^5 NIKKEI m 12.881.CC -3C1J8 HANG SENG 14JMJ6 -C7J1 SET INDEX SltS -8J6 JAKARTA COUP _«4JI All MANILA COMP _tf7t» -4SJ» TAIPEI WPI
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  • 72 1 FOBEX BATES USS St USS(SSpcrUSS) 1.745 £fUS$/SJptrf) L447 SJtt BUTOfUSMS/E) CJM 1.611 DM tin LM1 YEN 1I7J 1739 KM UN 1178 HK» 7J0O 4.47V BAffT 4120 24.75 MJP1AH UN. MM ROB 1ATES S$NOtfOKE* 5.80 MALA Lt'MPI'K 7.(7 MKAHTA 39.00 BANGKOK J JO MANILA 11.00 HONGKONG 8.30 TUPH 7.84 SYDNEY
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  • 961 1  -  Affymetrix brings Gene Chip know-how, SnrroMed its blood-testing R&D From Jennifer Lien in Silicon Valley SINGAPORE'S biomedical sciences industry will get a big boost from investments in manufacturing and cuttingedge research being by two Californian biotech firms. Nasdaq-listed Affymetrix Inc,
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  • 562 1  -  We have quite a good record, says its executive director Byi Anna Teo [SINGAPORE] The economists who see the Singapore economy growing just 4.5 per cent this year aren't, it turns out, the most pessimistic forecasters in town. The most bearish appears
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  • 527 1  -  Junction 8 and Fun&n centre tipped to follow sale of Orchard Point By. Kalpana Rashiwala [SINGAPORE! Fresh from selling Orchard Point mall to department store group OG for $91 million, Capita Land subsidiary The Ascott is poised to sell a further $400$500 million worth
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  • Page 1 Advertisements
    • 87 1 iwgpE Top Stories M'sia to widen doors to new foreign banks in 2007: Bank Negara. Mmxt Pmgm =•> US needs to consult Asian allies on China policy, says SM Lee. Next Pmgm 53^ Earthquake shuts down northwest US. Pg 16 Ast. SembCorp net profit up 2%t*****m. Pg 4 NetWxS plans
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    • 58 1 Britain's quintessential career diplomat M-ict-ar rtf II !¥1 cl ■OTi. i a j flie merger jfj Bernard Bourigeaud, chairman and chief executive of m j newly-merged h;,, European high-tech '"%V j. c# l;j f!: services group '''"'illlttij Atos Origin x V i POWER YOUR DREAM ■r r"» f < i
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    • 48 1 I -HfeV B\ /-^ifcL^k^ vj' f V HQHVjm AM 65/737 Dickson shops: The Promenade. Centrrpoint. Suntec City shops: Lucky Raffles Paragon shops: Singapore Changi Airport. <S The Hour Singapore Changi port. T2. For more hopard Asia Boulevard. 38-02 A Tower One. Singapore *****7. 65/333 Fax 65/333 www.chopard.com m^mi
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    • 9 1 Orchard Point sale makes Spotlight sit up, Pg 9
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  • NEXT page
    • ON THE grapevine
      • 98 2 YOU know times are tough when property developers start dancing around terminology. They have been loath to use the word "launch" when they start selling homes at new projects. Even "soft launch" has fallen out of favour. "Preview" now seems to be the description of choice
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      • 98 2 AT yesterday's formal launch of the joint venture between Singapore law firm Lee Lee and London's Lovells, it was discovered that there was a recording artiste among the lawyers present. Lovells partner Paul Supramaniam disclosed to the surprise of all at the lunch gathering that Lee
        98 words
    • 316 2  -  l-li exclusive Travel time would shorten to 2 hours, from 7 hours From. Diana Oon Abdullah m Kuala Lumpur THE Malaysian government is looking into running a high-speed train to Singapore, a project which could cost up to RM4O billion (5518.4 billion)
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    • 726 2  -  Bank Negara does not think this would breach WTO pact on financial services From Eddie Toh in Kuala Lumpur MALAYSIA will allow a limited number of new and whol-ly-owned foreign banks to enter the country but only after 2007,
      726 words
    • 418 2 Vital for US to continue playing leading role in Asia to balance China's growing power AFX-Asia (TOKYO) Singapore's Senior Minister Lee Kuan Yew said the new US administration must consult its Asian allies before it adopts a tougher approach towards
      AFX-Asia  -  418 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 183 3 Many Connections. One Company. •ssSgse l i f Canon Marketing [Singapore) Pte Ltd (Formerly Canon Marketing Services Pte Ltd) Canon Marketing Services Pte Ltd is now Canon Marketing (Singapore) Pte Ltd. strong service force is Singapore's largest, while our on-site warranty for printers, scanners While our name has changed, our
      183 words

  • SINGAPORE companies
    • 223 4  -  By Liew Hanqing MAINBOARD-listed Hwa Hong Corporation yesterday reported a 28 per cent jump in full-year net profit to $13.1 million, from $10.2 million in FY1999. Turnover for the year to Dec 31,2000 dipped 8 per cent to $144.8
      223 words
    • 652 4  -  The conglomerate is planning a $300 m global share issue to fnnd strategic investments By Conrad Raj CONGLOMERATE SembCorp Industries yesterday reported a 2 per cent rise in net profit to just over $131 million for FY2OOO in line with its own prediction
      RICHARD CHNG  -  652 words
    • 556 4  -  iMMH locksiew neil behrmann THE well-crafted Singapore Budget with its corporate and individual tax cuts should have spurred Singapore's stock market. But markets rarely respond to economic logic because they aren't isolated and are subject to the whims of global fund managers
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    • 813 5  -  Discussions at early stage; Wu family probably feeling heat of competition Frorni Quak Hiang Whai in Hongkong DBS Bank, which already controls Hongkong's DBS Kwong On Bank, is in talks to raise its stake in Wing Lung Bank, another
      813 words
    • 565 5  -  By\ Siow Li Sen DBS Bank Group Holdings chief Philippe Paillart says Hongkong is a very lucrative market, and the bank has set its sights on becoming one of the top five banks there in five
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    • 564 5  -  l-il exclusive Revamped index ranks global players by market capitalisation By David Boey SINGAPORE Technologies Engineering has again emerged as the only Asia-Pacific defence company in a revamped index of the world's top 20 defence stocks compiled by Jane's Information
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    • 623 5  -  1-11 exclusive Brandes's Global Equity np 23% in 2000, against benchmark's 13% loss By\ Siow Li Sen JITTERY markets and moments of investor panic are the best times for value investing because it means good stocks are dumped along with the bad. Value investors
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    • 313 7  -  By* Trina Foo CHINA'S largest meat products maker, People's Food Holdings, yesterday offered 142.5 million shares at 45 cents each. The main board listing, managed by Vickers Ballas, comprises 134.5 million placement shares and 8 million shares for the public. Members of the Securities Investors Association
      313 words
    • COMPANY Briefs
      • 77 7 INNOVALUES Precision said the two million shares offered to the public in its initial public offering has been 6.42 times subscribed. The one million shares reserved for the management and employees of the group were folly subscribed. However, only 496,000 shares out of the 1.5
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      • 88 7 SUPERBOWL Holdings announced that its wholty-owiißd subsidiary, Superßowl Development Pte Ltd, wfll venture into operating and managing ice-skating facilities to complement the group's leisure business. With its experience in operating recreation centres, the group said the introduction of ice-skating activities and facilities was a
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      • 97 7 THE Chinese portal of SPH Asia One Ltd, Zaobaoxom. has launched an Internet platform for Singapore-listed companies and companies planning to list on the Singapore Exchange The platform seeks to promote investor relations in the Chinese communities in Singapore and in the Asia-Pacific. It provides
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    • 470 7  -  IPO will help company expand into new markets By i Adeline Chuah SINGAPORE-BASED Net:WxS International plans to seek a listing on the mainboard as it charts a new phase of expansion. "We need the initial public offer to allow us to capture new markets in the
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    • 169 7  -  By Liew Hanqing TXI23 yesterday signed an agreement with two financial partners for its e-marketplace to begin offering a suite of current account and factoring services to its users. The two partners are finixis.com a division of Bank of Singapore which is wholly-owned by OCBC
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  • Page 4 Advertisements
    • 138 4 Thit announcement app—n aa a matter of racorxt only March 2001 IHHOwm Precision INNOVALUES PRECISION LIMITED (Incorporated in the Republic of Singapore on 25 April 1997) Invitation in respect of 15,400,000 New Shares of $0.05 each comprising:(1) 2,000,000 Offer Shares at $0.35 for each Offer Share by way of public
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    • 912 4 j. wo« INNOggj Precision INNOVALUES PRECISION UMITEO (Incorporated in th« Republic of Singapore on 25 April 1997) kivKaOon In reepect of New Sheree of 10.06 each comprMng:(1) Offer Sharee at $036 for each Offer Share by wey of public offer and (2) 13,400,000 Placement Sheree by way of placement, comprielng:(a)
      912 words

  • Page 5 Advertisements
    • 74 5 development experience POSTMODERN a collection emphasis Plot She: 4400 sf FREEHOLD 1i ——L-L-MJB »UKtT TIMAH ROAD Enter sales office from UmTal See Walk r-7T j. "u^.V""7 r .1.— DEVELOPER JQSINA (S) PTE LID ARCHITECT: WKIUM UM ASSOCIATES PTE LOCATION: LOT 2306 MK 4AT JAIAN HA* UAS TENUBE Of LAND FCEEKXD
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  • SINGAPORE markets
    • 484 6 Slocki Votuma Integra 5c 27,783,000 Chart Semiconductor 26c 15,214,000 Hyflux 5c 12,188,000 PsdfcCenturylOc 10,921,000 PCI 25c 8,542.000 SMRT10C 8,244,000 SGX1C 7,457,000 Omni Ind 10c 6,018,000 SembCorpl25c 5,931,000 KappeH-andSOc.... 4,804.000 Stocks Chart Semiconductor 26c 78,406.500 VenturaMfg25c 33,546,293 OOB 27,336,800 DBS Gip 22.310.105 SPH 20.969,400 Omni Ind 10c 16,596,369 UOB 15,168,720 OCBC
      484 words
    • 645 6  -  STOCKS r. sivanithy INTERNATIONAL factors combined to give the Singapore stock market a kick in the pants yesterday, with the Straits Times Index crumbling 35.63 points to 1,911.77. Investors were unnerved after Wall Street fell overnight in the absence of an immediate
      645 words
    • 339 6  -  CURRENCIES larry wee THE US dollar and Japanese yen tumbled despite the best efforts of their central bankers yesterday and despite lingering doubts, the euro again emerged as the default beneficiaryThings could get worse yet, it is feared, with players jittery
      Source: Reuters  -  339 words
    • 191 6  -  WARRANT WATCH By R Sivanithy A FEW years ago it would have been unthinkable for a warrant that has more than three years left before expiry to sell for under 10 cents. But that's exactly the case with Malaysian civil engineering
      191 words
    • 260 6  -  HOT STOCK By' Teh Hooi Ling SEMBCORP Industries' share price slumped yesterday. The counter closed 14 cents down at $1.72. Volume of about six million is more than three times the 10-day average of 1.8 million. The shares opened at $1.86 and went downhill
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    • 136 6 VTBROPQWER Corporation will go ex-dividentf (first and final dividend of 080 cent and special dividend ofU55 cent) on May 4. Last day for buying-in on a cum basis is May 10. Date payable is May 21. ♦THE Straits Trading Company will go ex-dividend (second interim dividend of 3.00
      136 words
  • Page 6 Advertisements
    • 443 6 w PEOPLE'S FOOD HOLDINGS LIMITED (Incorporated in Bermuda on 31 August 2000) Invitation in respect of 142,500,000 ordinary shares of HKSO.SO each comprising 120,000,000 New Shares and 22,500,000 Vendor Shares as follows:(1) 8,000,000 Offer Shares at $0.45 each by way of public offer; (2) 134,500,000 Placement Shares by way of
      443 words

  • Page 7 Advertisements
    • 76 7 275 mul!i-disciplined professionals a k W including lav. y<?rs chartered accountants iff W chartered sr:retanes md bankers have i a V provided conhdentia 1 and cos' ftfectiv^ Jji company formation in all the mnor io flf flflB; f< lx reas includmq incorpcr 1 Frcs i/S»vV» The world s leading Offshore
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    • 68 7 You Pay: You Get: J^HUI SALE 80% At our Millenia Walk Store #01-62/63/64, from 2nd to 15th March 2001. Appreciate the true value of time at our Renovation Sale. With such appealing prices and great discounts on our selection of watches and pens, this is one event you won't want
      68 words

  • SINGAPORE news
    • 355 8  - Lee Lee seals joint venture with leading London firm Lovells The focus will be on clients who see Asia as a single market By Conrad Raj T.F.F. LEE, one of Singapore's top law firms, yesterday formally sealed its joint venture with one of London's leading firms, Lovells. The new venture,
      ARTHUR LEE  -  355 words
    • 315 8  -  By' Vikram Khanna JAPAN is seeking direct investments from Singapore companies, urging them to take advantage of a decline in costs, a huge domestic market and an array of investment opportunities. For the first time, the governments of 10 Japanese local authorities or prefectures will
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    • 589 8  -  By Jennifer Lien [EMERYVILLE, California] Using genomics and other cutting-edge biotechnology research to produce medicine and processes to treat cancer and infectious diseases is paying off for Nasdaq-listed Chiron Corp. The company, a joint venture partner in Singapore's first biotechnology
      589 words
    • 323 8 Henan Anyang sees big potential in its special alloy bearings and battery-powered bicycle CHINA'S state-run Henan Anyang Hi-Tech zone has chosen Singapore for the global launch of two new products self-lubricating alloy steel bearings and a battery-pow-ered bicycle. Anyang's vice-director Qin Jian Hua
      RICHARD CHNG  -  323 words
    • 350 8  -  Sing Tel spent $68m in '00;'01 seen another bumper year By*, Teh Hooi Ling TELECOMMUNICATIONS companies doubled their advertising expenditure last year following the sector's Big Bang. And that helped fuel a record 23 per cent growth in total ad spending,
      350 words
    • 87 8 AC Nielsen AdEx by medium SIMLUOM \SHME %CHMCE Newspaper 750j6 50.0 23.1 TMevWon 504.0 33.6 23.0 Maflirihm 683 4.6 43 Ratio 76.7 5.1 233 PoUr 493 33 51.4 Bus-bacfcftaxMop 28.4 13_ 30.3 Cinema 22.4 1.5 29.5 Rodjfhwion 03 0.1 -36.5 I TOTAL *****) 100 2*JQ Top product categories
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    • 360 8  -  By Teh Hooi Ling BANK lending grew a strong 7.4 per cent year-on-year in January, according to figures released yesterday by the Monetary Authority of Singapore. Growth was the strongest in 13 months. On a monthly basis, loans to non-bank customers rose $4.6 billion or
      Source:  -  360 words
    • 735 9  -  MAILftTST?] Ang Kian Tiong Singapore, via Internet I WELCOME the Supplementary Retirement Scheme (SRS) and the idea of a taxfree retirement investment account. But careful tax planning is required before we can start utilising the SRS to reduce our tax liability. Let's assume that
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    • 382 9  -  Dr R C Cooper London AMONG various facets of corporate governance, transparency and measurement of shareholder value, the reporting of economic value-added (EVA) is assuming more and more importance. With major changes contemplated for the Singapore banking industry, such as divestment of real estate and other
      382 words
    • 302 9  -  Wen Yixiang Singapore, via Internet I REFER to the article "Insurance soaks up massive $639 m of CPF SA savings" by Serena Ng (BT, Feb 28). I am not surprised by the report. I have received calls from agents asking me to invest my Special Account savings.
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    • 485 9  -  Any regional political turmoil will have direct impact on S'pore By] Eugene Low GIVEN the political and economic uncertainties in South-east Asia, the external environment Singapore now faces is the most difficult since the *****, Deputy Prime Minister Lee Hsien Loong said yesterday.
      ALBERT SIM/ST  -  485 words
    • 320 9  -  By) Kalpana Rashiwala THE sale of Orchard Point mall to department store group OG has cast a pall of uncertainty over Australian retailer Spotlight's future at the Orchard Road mall, say market watchers. BT understands that OG is expected to eventually take over
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    • 129 9 THE Ministry of Manpower yesterday launched its Labour Force Survey to collect data to help it formulate manpower-related policies. The survey, handled by the ministry's Manpower Research and Statistics Department, will end on Apr 15. A sample of 6,000 households have been selected. Interviewers will focus
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  • Page 9 Advertisements
    • 65 9 We welcome fetters. E-mail us at btietterG sph.com.sg or fax U9 at *****71, or write to: The Business Times, ThneaHouee, 390Kim Seng Road, Singapore*****s. We need your fuH name, address and telephone number, so we can verify It came from you. Please use temperate language, and bear In mind libel
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    • 218 9 0 Sime Darby Berhad (Company No. *****-M) ANNOUNCEMENT OF RESULTS HIGHLIGHTS OF UNAUDITED CONSOLIDATED RESULTS FOR THE 2ND QUARTER OF THE FINANCIAL YEAR ENDING 30TH JUNE 2001 Quarter ended Half-year ended 31st December 31st December 2000 1999 2000 1999 RM Million RM Million 4- GROSS REVENUE 3,020.6 2,648.1 +14 6,055.3
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  • VIEW point
    • 1812 10  -  Outgoing British High Commissioner Alan Hunt came to S'pore just as the financial crisis was breaking. He tells Ylkrain about his stint here and his years with the Foreign Office Vikram Khanna T'S been one long roll," says Alan Hunt of his tenure as British high
      ARTHUR LEE  -  1,812 words
  • Page 10 Advertisements
    • 55 10 INTERNATIONAL FURNITURE FAIR SINGAPORE 2001 Mlk 18th ASEAN FURNITURE SHOW gimgSM B Hfi ■/•T» VENUE SINGAPORE EXPO (CHANGI) FREE ADMISSION FOR PROFESSIONAL, TRADE AND BUSINESS VISITORS Date: 1-5 March 2001 Time: 9.00 am 6.00pm Dress Code: Business Attire Visitors in shorts/bermodas/t-shlrt/slippers will not be permitted entry.) Minors below 16 years
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    • 52 10 Cultural Renaissance. i.tilmlt .lis. .uul lu Incnilk iii«.i !i»»ns |»o»|»!«.-> h jfr uuinaiioiis 10 ilk' |S .tiul in.ijm I iimpi .in (.niis K.klmi) In Vioflot s I iei|iuni I Imi i T ii «•>»•»* 4* I -MMM< 1 fm. diSKM'-. aeroflot x Russian Airlines I f f (J Tel: 336
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  • e-NEWS
    • 825 11 WASHINGTON Appeal court judges seem averse to break-up; less aggressive anti-trust action likely LATWP WITH federal appellate judges expressing dismay and scepticism about a court order to break up Microsoft Corp, some experts are suggesting that the company could emerge from its
      LATWP; AFP  -  825 words
    • 288 11 NEW YORK It will retain control over'com'list under new deal with Icann Reuters VERISIGN Inc, which coordinates the world's master list of Web addresses, has agreed to surrender control over "org" and "net" suffixes in exchange for keeping long-term rights to manage lucrative "com"
      Reuters  -  288 words
    • 404 11 HONGKONG Scientists cone «p with material to absorb ttmisfffm ffrtifi wB Reuters, AFP [HONGKONG] A team of Hongkong scientists yesterday said they had invented a cheap new material which could block 90 per cent at mobile phone radiation. "It's a new material.
      Reuters,; AFP  -  404 words
    • 378 11 SAN DIEGO Reuters GATEWAY Inc will lose money in the first quarter, disappointing Wall Street, as it goes back to the box, refocusing on its main business of selling computers directly to consumers, the company said on Wednesday. The warning by the
      Reuters  -  378 words
    • 318 11 NEW YORK FT LUCENT has promised its bank lenders that its losses in the first six months of this year will not exceed U552.35 billion (Ss4.l billion), and that its turnaround will lead to profits of at least US$l.4 billion in the following
      FT  -  318 words
    • 392 11 NEW YORK NYT TRYING to streamline its operations before a planned restructuring this spring, World Com Inc on Wednesday told almost 7 per cent of its workers, or about 6,000 people, that they would be laid off, an executive close
      NYT  -  392 words
    • 318 11 ■HONGKONG Reuters CHINESE Internet portal operator Net Ease.com Inc, which posted a deepening fourth quarter net loss of US$5.7 million (559.9 million), warned yesterday of a first quarter revenue decline as advertising clients spend more cautiously. Net Ease, which has hired
      Reuters  -  318 words

  • EDITORIAL & opinion
    • 739 12  -  B'l'nMiilHSEM OPINION robert samuelson Washington Post Writers Group MARK Twain once said: "The art of prophecy is very difficult —especially with respect to the future." Some things we can glimpse, and one of them is global ageing. It is a spectre that stalks most advanced
      Washington Post Writers Group  -  739 words
    • 112 12 'You said you had an earth-shattering new announcement to make.' a member of the audience to Microsoft chairman Bill Gates, who was about to demonstrate his company's new Windows XP software when the earthquake hit the Pacific Northwest. 'In the old days, prime ministers were picked according
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    • 632 12 EDITORIAL VIETNAM'S desire to attain industrialised-coun-try status by 2020 is no longer in doubt But unless the ruling Communist Party of Vietnam (CFV) steps up the pace of economic reform, the story of the next two decades will be one of missed opportunities. If Vietnam
      632 words
    • 1422 12  -  An interim report by an inflnontifll panel Mtllta llg proposals that could promote a vibrant 'shareholding democracy' Fromi Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo WE have been here before! Tokyo's Nikkei 225 stock average is again languishing at
      1,422 words
    • 716 12  -  COMMENTARY There is a bizarre dejavu quality to George W Bosh's proposed tax cats By Bob Herbert The writer is a columnist with the New York Times NYT IT was a good speech, well written and well delivered. The president was relaxed, gracious, funny at
      NYT  -  716 words

  • MALAYSIA news
    • 509 13  -  |MMUH exclusive Railway assets will remain in govt's hands; only KTITs services and operations will be privatised From Diana Oon Abdullah in Kuala Lumpur PROPOSALS for the privatisation of rail services operator Keretapi Tanah Melayu (KTM) will be presented to the government by the end
      FILE PHOTO  -  509 words
    • 370 13  -  From\ Eddie Toh in Kuala Lumpur THE revived Bakun dam project in Sarawak will cost less than RMIO billion (554.6 billion) to build, according to Malaysian Finance Minister Daim Zainuddin yesterday. He said the government will now fund the entire project,
      370 words
    • 339 13 KUALA LUMPUR Bloomberg MALAYSIA Airports Holdings Bhd's earnings estimates were cut by analysts after the operator of the country's 37 airports said high costs pushed its 2000 profit below published forecasts and its own target. The airport said it lost
      Bloomberg  -  339 words
    • 263 13 M KUALA LUMPUR Reuters DEBT-RIDDEN Malaysian auto group DRB-Hicom Bhd said yesterday that the Kedah state government may delay a plan to buy over the listed status of DRB's Hicom Holdings Bhd. "I'm afraid they may be asking for
      Reuters  -  263 words
    • 380 13  -  It says govt agency has right to hold on to preference shares From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Rashid Hussain cannot count on the central bank to back his bid to raise his stake in RHB Bank, the third largest
      THE STAR  -  380 words
    • 379 13 KUALA LUMPUR Bloomberg, AP MALAYSIA'S central bank said it has no plans to raise interest rates, saying recent increases in car prices and water fees don't threaten to stoke inflation. "There are no price pressures in the economy, no cost or imported inflation,"
      Bloomberg,; AP  -  379 words
  • Page 13 Advertisements
    • 65 13 I I H I Try having people in your regional office reporting to you at the same time, several times a day. ft i h. W< I 1 ii&r, m v your on PJ*rf 4 *1K HitachiASP is about having your regional operations in one consolidated report anytime, anywhere you
      65 words

  • REGIONAL news
    • 423 14 HANOI Nam Con Son can fuel the country's growth for the next decade AFP A CONSORTIUM led by British oil giant BP launched communist Vietnam's largest single foreign investment on Wednesday, a US$l.3 billion (552.3 billion) gas project which has the capacity to
      AFP  -  423 words
    • 320 14 BANGKOK Bloomberg THAILAND'S economy is in danger because of falling exports and weak lending, a member of the central bank's policy-setting Monetary Board said. "Falling exports in January signal danger ahead for the economy," Chalongphob Sussangkarn told reporters during the board's policy meeting.
      Bloomberg  -  320 words
    • 405 14 MANILA It will lend the country USslb over next three years for 16 poverty alleviation projects Bloomberg, Xinhua THE Asian Development Bank (ADB) cut its 2001 economic growth forecast for the Philippines, citing the slowdown in the US economy and the
      Bloomberg,; Xinhua; APP  -  405 words
    • 472 14 Snifyana to be summoned and questioned about Pertamina contract Reuter, Bernama, AP [JAKARTA] Indonesia yesterday named two ex-minis-ters, including former chief economics czar Ginandjar Kartasasmita, as suspects in a corruption probe involving state oil firm Pertamina, the Attorney-General's office said. Office spokesman Mulyohardjo said
      Reuter,; Bernama,; AP; FILE PHOTO  -  472 words
    • NOTE Book
      • 109 14 Reuters (BANGKOK] Thailand's largest telecom company, Shin Corp pic, yesterday announced a 76 per cent decline in its 2000 net profit but analysts said it looked set for a better performance in 2001. Shin posted a net profit of billion baht (5896.2 million) for 2000,
        Reuters  -  109 words
      • 82 14 Reuters [MANILA] Philippine Long Distance Telephone Co (PLDT) said yesterday that its net income slipped to 1.1 billion pesos (5539.65 million) in 2000 from 3.09 billion in the previous year but fourth-quarter performance was markedly positive. Analysts said the results were better than expected. The
        Reuters  -  82 words
      • 73 14 Reuters [HONGKONG] Underground railway operator MTR Corporation Ltd sakl it posted a HK$4.O6 billion (SIBOS million) net profit for the year ended Dec 31, compared with HK$2.l2 billion The 2000 results marked an increase of 92 per cent from a year earlier, exceeding the
        Reuters  -  73 words
      • 82 14 HK Shanghai Hotels hit by write-offs Ratters [HONGKONG] Hongkong Shanghai Hotels Ltd's2ooo net profit plunged 85 per cent to HK$B5 million (Ssl9 million) due to writeoffs on Thai properties but die blow was 9oftened by news that the company is pondering developing a Peninsula brand hotel in Tokyo. The Hongkong-based
        Ratters  -  82 words
      • 91 14 Bloomberg [TAEPBI] Chunghwa Telecom Ltd, Taiwan's dominant telecom company, said it is seeking to borrow as much as NT|4O billion (Ss2.l billion) to upgrade its network. Chunghwa plans to sign an agreement with banks by the end ofthe year, the company said in a statement to
        Bloomberg  -  91 words
    • 709 14 HONGKONG Global corporate credit risk sears to highest level in more than 10 years Reuters ASIAN bond issuers face growing pressure to deliver better bondholder value in 2001 as global corporate credit risk soars to its highest level in more than a decade and
      Reuters  -  709 words
    • 529 15 SHANGHAI Locals rush to buy, ignoring risk warning, but few want to sell Reuters CHINA B shares are poised to smash lifetime highs after a nearly 10 per cent surge yesterday, the second day of trade since local investors
      Reuters  -  529 words
    • 533 15 NEW DELHI actton must fellow promises Bloomberg, Reuters INDIA may receive as much as US$6O billion (*****.4 billion) in foreign direct investment (FDD in the next decade, a jump spurred by a new Budget plan to cut corporate taxes, ease labour laws
      Bloomberg,; Reuters; AP  -  533 words
    • 507 15 I HONGKONG Expected WTO entry may make firms scramble to revamp Reuters MERGERS and acquisitions will heat up among Chinese firms this year as they scramble to restructure in anticipation of fierce competition after Beijing joins the World Trade Organization (WTO), a
      Reuters  -  507 words
  • Page 14 Advertisements
    • 253 14 ASEAN FUND LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twelfth Annual General Meeting of the Company will be held on Saturday, 17 March 2001 at 8.45 am at The Ritz-Cartton Millenia Singapore, Millenia 5, Level 2, 7 Raffles Avenue,
      253 words

  • Page 15 Advertisements
    • 59 15 Watch DEVIATE *div-e from the Philippines at the Hard Rock Cafe Singapore from 9.15pm onwards 1 March 15 April No cover charge on weekdays. $20 net" on Fridays and Saturdays which includes one housepouring drink. 4 (orbbcrg Ll! tfi For reservations enquiries, please call 235 5232 A( p< Hard Rock
      59 words
    • 383 15 Seminar on "Doing Business in Japan" Gafleria Ballroom (level 3), Grand Copthorne Waterfront, 392 Havelock Road, March 8, 200!, 9.00 am 12.45pm Organised by: JETRO Singapore, Singapore Trade Development Board (TDB), Singapore Productivity and Standards Board (PSB), Singapore Confederation of Industries (SCI), Development Bank of Japan, Japanese Local Authorities Representative
      383 words

  • WORLD news
    • 663 16 No one died but 87 were hurt; Washington governor says damage may exceed US$l b; quake measures &8 on the Richter scale Bloomberg [SEATTLE] An earthquake of 6.8 magnitude hit the Pacific Northwest on Wednesday, damaging Seattle buildings, forcing thousands of workers off the job
      Bloomberg; AP  -  663 words
    • 570 16 TOKYO Tekye stocks sink to 15-year lows even as demands rise for mere credit easing Reuters TOKYO stocks sank to 15year lows yesterday after surprise credit easing by the Bank of Japan (BOJ) failed to convince markets that better times were ahead,
      Reuters  -  570 words
    • 331 17 TOKYO AFP JAPANESE prosecutors arrested a former ruling party heavyweight yesterday over a bribery scandal in a move likely to put more pressure on embattled Prime Minister Yoshiro Mori to resign. The arrested man is Masakuni Murakami, 68, a former official
      AFP  -  331 words
    • 49 17 [TOKYO] Japanese college students throw their fists in the air while yelling during a ceremony to kick off their job hunt, at a Tokyo park yesterday. Some 3,000 students, who will graduate next year, listened to experiences before starting their year of job hunt AFP
      AFP  -  49 words
    • 450 17 WASHINGTON Incomes also go up but at a glower rate while personal savings fall to lowest level Reuters, Bloomberg, AP US consumer spending rose faster than incomes in January, bringing the personal savings rate to its lowest level on record, the government said yesterday.
      Reuters,; Bloomberg,; AP  -  450 words
    • 486 17 NEW YORK Fonner vice-chairman also accused; SEC too files civil fraud charges NYT WALTER A Forbes, who built a small company into the giant Cendant Corp, was an active participant in a fraud that resulted in the company reporting more than US$5OO million (*****.5
      NYT  -  486 words
    • 664 17 NEW YORK Nasdaq Composite fell 22% in Feb after rallying in Jan Bloomberg, Reuters ANALYSTS who try to predict the market's direction by studying patterns in stock prices and volume see little to keep the Nasdaq Composite Index from falling further over the next
      Bloomberg,; Reuters  -  664 words
    • 436 17 COPENHAGEN But the toymaker says all signals point to profits this year AFP THE Danish toy manufacturer Lego yesterday announced a loss of about 134 million euros (*****.7 3 million) last year, twice the forecast amount, and said it would close two Swiss
      AFP  -  436 words
    • WORLD Watch
      • 69 17 AFP [FRANKFURT] The European Central Bunk held its key Interest rates steady yesterday at the regular meeting of its governing council. The ECB kept the minimum bid rate for its regular refinancing operations at 4.75 per cent And the central bank also left unchanged its
        AFP  -  69 words
      • 77 17 Reuters [LONDON] US auto giant Ford Motor Co is expecting to cut costs at its European operations by USS2.2S billion (553.9 billion), following the completion of its turnaround strategy in the region, the Financial Times said yesterday. It quoted Ford Europe chairman Nidi
        Reuters  -  77 words
      • 82 17 Reuters [SUVA] Fiji's military-backed government yesterday said it would prepare for a return to constitutional rule after the South Pacific nation's highest court declared it illegal But it warned the process would take some time. Earlier the Court of Appeal said the suspended parliament had to
        Reuters  -  82 words
    • 605 18 WASHINGTON Republicans sweeten the president's proposal to pressurise Democrats NYT ACTING swiftly to capitalise on US President George W Bush's address to Congress, House Republicans put forward a US$95B billion (551.67 trillion) across-the-board reduction in income tax rates on Wednesday and
      NYT  -  605 words
    • 374 18 NEW YORK Cetera sees tie-up with public sector as cost-effective NYT CELERA Genomics, which competed against the publicly financed Human Genome Project to determine the sequence of human DNA, will now cooperate with it to unravel the genetic
      NYT  -  374 words
    • 403 18 LOS ANGELES Reuters ROCK star Courtney Love filed a countersuit on Wednesday against Universal Music, aiming to break her contract and reveal what she describes as "repressive and unfair working conditions" of the recording industry. "Artists who have generated billions of dollars for the
      Reuters  -  403 words
    • 814 18  -  Ifs deja vu for John Gee as he recalls the heartbreak caused by a foot-and-mouth outbreak in 1967 John Gee MY FAMILY moved to a village on the Welsh-English border in the early *****. Broughton itself was undistinguished, much of it having been created
      AP, AFP photos  -  814 words
    • 246 18 AFP [PARIS] The outbreak of foot-and-mouth disease in Britain will be especially hard to contain as it is a new and especially virulent strain of the virus, New Scientist reports in its next issue out tomorrow. The virus, called "the Pan-Asian topotype", was
      AFP  -  246 words
  • Page 16 Advertisements
    • 2110 16 I NOTICES 18 00 7 1298 NOTICE Pursuant to Section 4«<lXb) of the Insurenee Act (Chap«er 142) To: ALL POLICYHOLDERS OF THE NATONALE-NED6RLANDEN INTERNATIONALE SCHADEVERZEKERING N.V. (MG GENERAL INSURANCE INTERNATIONAL N.V.), SINGAPORE BRANCH. Notice is hereby given that a Scheme dated the 3rd day o» January 2001, to effect the
      2,110 words
    • 509 16 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of KIN SEN METAL PTE LTD (In Mombon' Voluntary tii|uitlutfuri) NOTICE IS HEREBY GIVEN purauant to Section 308( 1) of the Companies Act. Cap. 50 that tHe Final Meeting of Members of the above named Company vm!
      509 words
    • 152 16 M THE MATTER Of THE COMPANIES ACT, CHAPTER 80 AND M THE MATTER OF ALTA MOOA MTERNATIONAL (SINGAPORE) PTE LTD (In Liquidation) NOTICE Of PMAL MEETING NOTICE HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act. Chapter SO. the Rnai Meeting of the Members of the abovementioned company
      152 words

  • Page 17 Advertisements
    • 127 17 I EUNQfS Built for your I Every unit enjoys ground floor convenience 1 Impressive office-like facade I fc- fronting Eunos Link, in MacPherson 1 Paya Lebar area Car lorry parking loading bays k at Y° ur doorstep PI Private toilet for each unit H For anc,llar v office/ light industrial/
      127 words

  • Page 18 Advertisements
    • 1843 18 I IJ AfflTftWCf To advertise call toH-t r ee 1800-741 1883 [Ilv 1 lvL3 Fit No 741 1293 "djllBfc"" (la CISAM' Vehatvf UpiMaa) TAKE NOTICE that a meeting of the creditor* in the above-named company will, in pursuance of Section 296 of the above Act be held at 139 Cecil
      1,843 words

  • FINANCE & commodities
    • 235 19  -  SO J Derivatives TradingReport ST Index/MSCX JFpore Index Wong Ann Chuen Refco Singapore THE Singapore stock market's undertone was bearish yesterday, as technology and banking stocks led the selldown. The benchmark Straits Times Index shed 35.63 points or 1.83 per cent to end at 1,911.77 points
      235 words
    • 231 19  -  MS& Taiwan lodes Joseph Lim Refco Singapore THE Taiwan stock market dived sharply yesterday as dominant electronics shares tumbled on Nasdaq's slump overnight after US Federal Reserve chairman Alan Greenspan quashed investors' hopes for an imminent interest rate cut. At the close,
      231 words
    • 224 19 Reuters London THE euro was firm yesterday near two-week highs against the US dollar, the yen, and sterling after the European Central Bank left interest rates unchanged as expected. Euro zone economic data had helped the euro rise across the board earlier in the day by reinforcing expectations
      Reuters  -  224 words
    • Article, Illustration
      1230 19 ntTBEBAMK CROSS EATB8 Marl AS B too nr B> HC tndls»»pHk Yon Won m MZ$N>>» H* S$ twd Sir »T$ Whx US$ Australia 0.812 4379 0.570 3.738 1.115 4.115 24.552 52.026 0*19 6.640 2.005 1223 ***** 25*78 0.921 4.050 0*79 17*69 22.794 0265 0.528 Canada 1232 5.396 0.702 4.606 1373
      1,230 words
    • 1826 19 8IC0M FUTURES Marl RUBBER (tatins doting at 5.30pi>) RSS1CONTBACT(ScMb/k0 CIom VotaM OpM a > MOntn HHJn LOW Mil (TOIIMSJ iwIfTtfl Apr 01 1 102.50 1 WO May 01 105.00 800 Jw 01 106.50 800 JiK/Scp 01 108.00 750 RSS 3 COWTOACT (US cMtsAq) Votwoe OpM Moat* Hl«6 Low Sttt (tow—1)
      1,826 words
  • Page 19 Advertisements
    • 27 19 ©N M ROTHSCHILD SONS vcr 200 y**r» of banking Tel: 65-535 9677 65-535 9100 Fax: 65-535 8713 aa#fi Email: treasury^rothschild.com.sg Call Rothschild Treasury Services today. Website: www.nmrothschiid.com.sg
      27 words

  • STOCKS east asia
    • 2829 20 HONGKONG AFP PHangSang -427.31 HONGKONG share prices dropped 2.9 per cent yesterday following falls on Wall Street after comments by Federal Reserve chairman Alan Greenspan quashed the likelihood of early interest rate cuts, dealers said. The key Hang Seng Index
      AFP  -  2,829 words
    • 2034 20 TOKYO AFP □Nikka22s -MLBB TOKYO share prices tumbled 1.6 per cent yesterday to a 15-year low as a sharp fall in US markets wiped out any positive impact of a surprise rate cut by the Bank of Japan, brokers said. The Tokyo
      AFP  -  2,034 words
    • Article, Illustration
      1064 20 Bloomberg, Reuters Index »I3JS CHINESE foreign-currency denominated shares surged to their daily 10 per cent limit for a second day, yesterday though potential buyers overwhelmed sellers and few stocks actually traded. Fewer than 450,000 Class B shares changed hands in Shanghai and Shenzhen, a fraction of the daily average
      Bloomberg,; Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,064 words
    • 376 20 AFP □WPfatox .***** TAIWAN share prices closed 3.1 per cent lower yesterday on strong selling of technology stocks following losses on the Nasdaq index, analysts said. The Taiwan Stock Exchange Weighted Price Index tumbled 174.83 points to 5,499.86 points, on turnover of NT173.79 billion. The market was affected by
      AFP  -  376 words
  • Page 20 Advertisements

  • STOCKS klse
    • 420 21 AFP kl Composite Index -7.39 MALAYSIAN shares closed one per cent lower yesterday due to the fall on Wall Street and amid concerns about slower domestic economic growth, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 7.39 points at
      AFP  -  420 words
    • 9062 21 INDUSTRIALS Cmsmmt pniKti 2001 Last Vat Day Nat Cap HH> Law CiipaRy SaH "OOP Htfli Lai P(Z W 340 300 Ajtnomoto 312 1264 45 30 Angkase 35 -2 5 35 35 516 342 286 ApdPo Food Hlg 312 2 7 312 312 6.8 124.8 356 308 AsieFila 336 -2 2
      9,062 words
  • Page 21 Advertisements

  • SGX clob & regional stocks
    • 2471 22 BOMPS A WARRAMTS •I Mi rum/ l*tn SIMM Lart Mm I** »t MCai Car Mr mm u» fw <r (•«—> f Xfcr w <—ED fcm w (%> «—MI m 40 0.5 S Acma ******4 0.S 0 5 > 1 M 1 300 456 108.00 4 23 2.S S AIITach ******7
      2,471 words
    • 533 22 AFP HlDOrfaMiM ♦MlB A SURGE in banking stocks pushed the Australian share market 0.6 per cent higher yesterday despite falls on Wall Street, brokers said. All four major Australian banks added more than one per cent to their share prices. The All Ordinaries index closed 20.8 points higher at
      AFP  -  533 words
    • Article, Illustration
      740 22 AFP O SET M« -BJ6 THAI stocks fell 2.8 per cent yesterday as investors locked in profits due to losses in the US market, dealers said. The Stock Exchange of Thailand (SET) Composite Index sank 8.98 points to close at 316.22 and the SET 50 index was down 0.73
      AFP  -  740 words
    • 283 22 AFP Q Composite Index-43^9 PHILIPPINE share prices fell 2.7 per cent yesterday with the Philippine Stock Exchange Composite Index down 43.29 points to 1,570.20. Volume fell to 588.98 million shares worth 734.24 million pesos from 989.89 million shares worth 995.40 million pesos on Wednesday.—AFP Marl Ht» OOP) Abacus Construction
      AFP  -  283 words
    • Article, Illustration
      714 22 AFP Q Composite Index -427 INDONESIAN share prices shed one per cent yesterday in line with most regional markets, following overnight falls on Wall Street and negative sentiment generated by ethnic violence in Borneo, dealers said. The weakening rupiah also affected the market, as it was likely to harm
      AFP  -  714 words
    • 257 22 AFP HHEE-40 +13J0 THE New Zealand share market closed 0.7 per cent higher yesterday, shrugging off the falls on Wall Street, dealers said. The NZSE-40 Capital Index closed up 13.60 points at 1,985.63 on turnover of 44.18 million shares worth NZ5216.82 million. —AFP mi n mm Advantage HDS US
      AFP  -  257 words
  • Page 22 Advertisements
    • 32 22 BTETT33EW 1^ mm jF m ~~7^ mmm '"""HHHHHHIH J I I I V' I TheßusinessTimes INTELLIGENCE CHAN6ES EVERYTHING. The Seoul market wax closed yesterday "Now I've got the best of both worlds."
      32 words

  • 7572 23 SGZ MAINBOARD Transaction date: Mar 1 Or Or M «l «2-Wk LMt Vat My LaatQvata Mr Hi W M Cap Avq Mm» l— c—r cooo> >ni ■■y cw pft til p*ca MULTHNDUSTVY S3 51 me Ac mo 50c M -OS 94 543 52 IJS Ui U U U
    7,572 words
  • Page 23 Advertisements

  • THE CEO speaks
    • 1228 24  -  Bernard Bourigeaud recently masterminded his third merger in 10 years the creation of European IT services powerhouse Atos Origin. Ifs ail down to a few key principles, he tells khmmbth james KENNETH JAMES BERNARD Bourigeaud, chairman and chief executive of newly-merged European high-tech services group Atos
      FILE PHOTO; ARTHUR LEE  -  1,228 words
  • Page 24 Advertisements
    • 113 24 RIVILEGE BANKING ?T r >- "-;>iaM I /liw jffKvl I //fWftISOivV K //./W I E^//wwSkm r/> <y jff m -Mmm\m\ «-.m\ .„>-? -**3® Only on* card tptiki of tha recognition you've wwd ovw tho y>n the 008 Pi 11 late BaaMnc Card. It multi-tasks as a credit and charge card,
      113 words

  • Page 25 Advertisements
    • 110 25 The Salsa bug has bitten professionals from the finance sector to IT to media 111 l AA To them, salsa dancing is a good B way of letting their hair down after a hard day's work. ft: PAKVATHIMATAK finds M ¥71WT fl out why the sensuous partner dance on -m
      110 words
    • 30 25 INSIDE Epicure Nuts about Nobu EL 3 Golf Environmentally correct greens EL 6 w n 'fc* 1 < Health A walking ad forpilates ELS Travel Denmark escapade—with the family EL 8
      30 words

  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • 725 26  -  With all the food scares going on, it's easy to get paranoid about what we eat. But what we can't afford to do is be in the dark abont onr food any longer jaime ee OK, so how paranoid have we become over our
        725 words
      • 1400 26 COVER STORY THE buzz from the Buena Vista Social Club performance last month proved it. Then there are the salseras and salseros who unwind from high-pressured jobs by burning up dance floors. Add to that the number of classes that teach cool moves for this hot
        1,400 words
    • EPICURE
      • 1065 27  -  Japanese master chef Nobuyuki Matsuhisa counts Robert De Niro and Giorgio Armani among his partners, and there is no shortage of well-known investors waiting to jump on the Nobu bandwagon What's the recipe for his success? oeoftobt bu talks to the culinary star GEOFFREY EU There is
        GEOFFREY EU  -  1,065 words
      • 388 27 AT a tasting session earlier this week, Nobu presented a variety of favourites and signature dishes from his current repertoire. He claims to be inspired by cuisine from around the world, and while he has a liking for Singapore-style seafood, there was no pepper crab
        388 words
    • New Asia Biz Woman
      • 1096 27  -  Fen Soh puts aside a banking career to set np the successful dance stndio Jitterbugs Swing&pore By Parvathi Nayar FROM a "sensible" point of view, it was a crazy decision. Yet "this was why I went to business school, to learn how to set up
        ARTHUR LEE  -  1,096 words
    • ENTERTAINMENT
      • 1327 28  -  CINEMA 'Pay It Forward' and Hie Pledge' exude melancholy, while 'Lucky Numbers' takes an altogether lighter route By Geoffrey Eu THE archives of American cinema are littered with powerful tales of troubled souls, lost innocence and the desperate deeds of desperate people. Bittersweet stories
        1,327 words
    • HEALTH
      • 1889 29  -  Ron Fletcher tells nlll ui-hooii how he became a pilates guru and also clears some misconceptions about the intriguing exercise method CHEAH UI-HOON YOU'VE seen most of the glossy magazines refer to pilates as the new aerobics of the 90s, probably seen pictures of superstars like
        ARTHUR LEE  -  1,889 words
      • 836 29 PILATES is a body conditioning exercise system focused on flexibility and strength for the whole body. Developed more than 70 years ago by German Joseph Pilates, it was first called contrology, but that name didn't stick, and Pilates' surname went around instead. "But it's not
        836 words
    • GOLF
      • 1121 30  -  Tiger Woods is reputed to have said that it was one of the best courses he had ever played at vhm srbbnivasam finds out why the Wo courses at Blue Canyon Country Club are so special VEN SREENIVASAN Although i am an avid golfer, I have always
        1,121 words
      • 1249 30  -  By Ven Sreenivasan SLA Leng Yuen, 54, is a soft-spoken vegetarian with an easy demeanour and a ready smile. But don't let that fool you on the tee box. This passionate 14-handicap-per is intensely competitive on the golf course. His weekly duels with Blue Canyon's executive director,
        1,249 words
    • Article, Illustration
      791 31 Body Of Tho SooL Steamy tale of an affair between a 60 yearold scriptwriter and his maid. R(A). Golden. Bonnoo. Ben Affleck gives his plane ticket away. The flight crashes, and he is guilt-stricken. He decides to visit the dead man's widow, Gwyneth Pal trow. Predictable romance. Orchard, Causeway.
      791 words
    • 99 31 338-3400 Eastshore 346-1816 Orchard *****86 Pidurehouse 338-3400 Yangte 223-7529 Cng Wah Empress 777-5867 Jubliee 454- 164U Mandarin 292-9401 Marina 338-9719 Vitoesmk 585-1782 ?ga?"/"TS7 BI 332-6098 for group bookings wheelchair facilities Btstan Boon Lay Marina Tampinesß Tiongßahru Yishun Clementi/Co'wealth 777-0669 GotderWevTown 296-5466 WCnm 459-9575 Princess 448-4965 Queenstowntfmy *****87
      99 words
    • TRAVEL
      • 1153 32  -  The scenery was magnificent, but there was no time for SYLVIA tjjv to sit and stare as she travelled in a convoy of four cars with her extended family on a four-day trip to Western Australia's Denmark SYLVIA TAN WHOEVER it was who said that
        STLVIA TAN/WESTERN AUSTRALIA TOURISM COMMISSION  -  1,153 words
      • 318 32 DENMARK is a region of rolling hills and magnificent beaches, hence its blurb of being a place "where the forest meets the sea". Despite its remoteness, there are lots of things to do, even for a family with young children on holiday. Here are
        318 words
  • Page 26 Advertisements
    • 27 26 BVLGAR I The Aluminium watch lr"^w From Ss2 3 0 0 Singapore Hilton Hotel Takashiroaya Department Store Cortina Watch Centre Dickson Watch Jewellery Sincere Fine Watches www.bulgari.com
      27 words
  • Page 26 Miscellaneous
    • 203 26 CkHWIU CROSSWORD ACROSS g 1 |7 f fe 1 Complex patterns, a feature 5 Excavated about a hundred 5""^" in fine condition (6) B ***** 9 Enterprisingleaders-fellows holding noone back (8) 12 Check the power increase Drained of the 28 Steeotaxon'smi^stuff<Bl (9) 23 Tom about directions given. 28 Steep tax
      203 words


  • Page 28 Advertisements
    • 282 28 Where to wine, dine and entertain..."-t Peking Duck that's a cut above others. Bon appetit! Treat your family, friends and business associates Ri Peking Duck and we'll i pleasant surprise, iddltional $12+++, we'll ave some culinary magic to transform your duck into yet another dish. Delicious) For reservations, call Wan
      282 words
    • 328 28 W■£ v H'fjm urniri BJgflMI 4jL Jf II T Mil Sjßafii IV it?& Weekend Public HoUday 12.00pm 4.00pm SPIT 1 With 50 varieties to savour Free flow of home-made Bariey Water 6 Coffee/Tea Adult $16.80+++ Child $11,804++ For Reservations, please call 433 1132 V PeninauUrExcelsior I C»!■■■■ Strwi Itaiaptri It—
      328 words
    • 4 28 See EL 7for listings
      4 words

  • Page 29 Advertisements
    • 68 29 fcf VIEWPOINTS ON m CHINESE CALLIGRAPHY Learn about Han Chinese Calligraphy and it's origin? Develop a critical appreciation of Chinese Calligraphy and understand the different styles and techniques? What is modern Calligraphy and its impact? ;-»> p 4 Date: 3 rd March 2001 Saturday Time: 2.30 pm to 5,00 pm
      68 words


  • Page 31 Miscellaneous
    • 2440 31 TODAY'S TV ■■mwmumi Qfafeal u N Asia Today wmwmw; tuOO AM Kids Central: Blue's Headlines/Spore UpClues HfllintinD* comedy. His bag, *30 Nini's Tree House. ■Sf c U ,L° k Chat/Knowin 7 O containing proof that hits 1(MM) 330 Asia Today/Regional IOV6 have been carried out, -A m~ Market Report gets
      2,440 words

  • Page 32 Advertisements
    • 36 32 complete for 111 111 ||2*_-M-;i v v t :> 'M&|f|-■ JWmm by XZQI2SO Orchard Road Paragon W-IVI7 T* 734 02S0 XZQj 68 Orchid toad PtaSng*ualBl l l/l3 Tel: 238 8233 XZQIPIACE TenkfcJiniorvllß-IVIS.I VtoodbnfctoadW 7M5528 WEBSITE wwwjaqihomc comsg
      36 words

  • SHIPPING TIMES
    • 283 33 Reuters THE Baltic Dry Index (BDI) rose six points to 1,537, the Baltic Panamax Index (BPI) gained seven points to 1,627, the Baltic Handymax Index (BHI) firmed 27 points to 8,969 and the Baltic Capesize Index (BCI) was up nine points to 1,965. The panamax sector remains positive,
      Reuters  -  283 words
    • 258 33 .■Murioiiiii —i E——2L——5L CWT Otetrlbutton __0.46 unch 0 Qnm Hup 0-36 unch 677 cmiiinrtiiBt aw -aw *6 FrttaMLMu OJO inch <90 WmiiWhp da* mat o MC HoMkiga-HK —1M anch 0 JayaHoMngi a* unch 144 KepprtCar* 144 -0.02 MM MppelFTLS 102 0M 66 Matin* a* -aw Tt» ST- in
      258 words
    • 635 33  -  Local unit plans to acquire more vessels nnder S'pore flag By George Joseph [SINGAPORE] Indian shipowners, the Transworld Group, is looking at stepping up its presence here barely a year after it set up a unit, Shreyas World Navigation in Singapore. With just
      RICHARD CHNG  -  635 words
    • 325 33 Bloomberg [OSLO] Frontline Ltd, the largest oil tanker shipper, said it returned to profit in the fourth quarter after higher oil output and fewer available ships enabled it to boost fees it charges for tanker loads. Bermuda-based Frontline, whose shares have
      Bloomberg  -  325 words
    • 413 33  -  From] David Hughes inLondon IN a casualty eerily reminiscent of the loss of the Erika, a laden tanker has broken up off Spain's Atlantic coast, leaving three of its crew dead and a further eight missing. The 31,335 dwt 1974-built Kristal was on a voyage
      AP  -  413 words
    • SHIP registries
      • 928 34  -  Both Singapore and Hongkong have introduced many incentives to make their respective shipping registries more attractive to shipowners. P T BAMGSBERO reports on the latest initiatives P T BANGSBERG SHIPPING registries bring many benefits to the entities running them from fees to ancillary business
        FILE PHOTO  -  928 words
    • 286 34 PAGE Ahrenkid 12 AwensMp 5 AsiaOCl II Assets 5 Austral 6 Awant 12 B'tangMas 6 BSA 7 BTl 12 BatifiSOpq S Bangladesh 11 Batamindo 11 CCNI T CMACGM 3 COSCO 3 COCOS 5 CSAV 3 Central Ex 6 Chahayi 12 CtnYang 5 ChmaShpg 5 Confer 12 Cougar
      286 words
    • 17160 40 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT frig •ftlMr VmmI Voyag* TH«phon« I ETA ETA Advwtistr Vm« Vo«*g* TMont I ETA ETA Adv«rti*»r Vnttl Voyao* TMio» I ETA ETA ETA ETA Advartlsar Voyaga Talaphona SIN Dwfw mm Nam Nuwtoar Numbar wammmmmmmmmmmmmmmmmmmmmmmmmimmmmmmmm To ABIDJAN (ABJ) 2003 Cot# D'lvoire B/03 11/04 MOL CARRIBEAN CHALLENG
      17,160 words
    • SHIPS IN PORT
      • 747 45 Vassal Vgy Wo lirtt Afrtval Daparhiri Jn|M MHaa T 6* JOS 01/03/4:40 01/03/1700 HSJtn ***** JOI 0V03/W5 01/03/23:00 IllHl IM 13 J04 01/03/735 0270V800 ■Ml t 024S01 J03 01/03/730 OVOVZtOC BiysMttrDt *1051 JOI 01/01/930 OVO1/160O Ef 23 39 J02 01/03/1000 01/03/T7 JC Ua Ml 67/01 J» 01/03/935 01/03/173C
        747 words
      • 1780 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO BooUni/Manc* Rstb SMp Voy No Ett/ltr Htm Frew T* Frw »o«w* m vu*o a wrm wmh omm it WTOC DVO*W WOW 1 DV070C WW uv*oc 4 w/BOO OMM WWW taut M* VM u warn mmm WBM 19 20/T70C OVO^OC 3
        1,780 words
      • 204 45 Brunei: Hari Ray a Haji. Indonesia: Idul Adha A.H. Malaysia: Hari Raya Haji. Singapore: Hari Raya H*jL Mar 17 Ireland: St Patrick Day. United Kingdom: SLPatrick's Day WmrM Japan: Vernal Wquinox Day. Mara Mexico: Benito Juarez Day. Mar M Brunei: Hijrah. Indonesia: Awal Muharram. Malaysia: Awal Muharram. Taiwan:
        204 words
      • 776 45 THIS report compiled by Cockett Marine Oil Ltd, shows price ranee* In US dollar* instead of single price* far a mere comprehensive description at the market Pihri shown are based on averagesised stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        776 words
      • 378 45 total MO Ma *15 0.4 6.9 0.06 42 0.03 NO22 Dwftr Mi ImMm A* AMMMb MM M4Mn£25 0 0 1 0 0 0 1 300 An 905.7 0J 0.0 0.06 27 0X1 tail 300 Ma 901.7 0.7 144 0.09 52 0.03 wn Ml %M» rm mm*
        378 words
    • AIR & LAND transport
      • 377 46 Decision a blow to European jetmaker trying to win second order from an aircraft leasing firm Bloomberg [SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale), part owned by Singapore Airlines, said it decided not to buy four Airbus Industrie A3BO superj umbos estimated at
        Bloomberg; FILE PHOTO  -  377 words
      • 377 46 Better remits due to higher plane deliveries, maintenance Bloomberg [LONDON] Rolls-Royce pic, the world's second-largest maker of aircraft engines, will report 2000 profit rose 14 per cent, analysts estimate, benefiting from higher deliveries of new planes and increased maintenance revenue. The UK
        Bloomberg  -  377 words
      • 84 46 [SELBY] A police officer walks past the wreckage of Wednesday's train crash at Selby in Yorkshire, British police said yesterday they could not rule out finding more bodies in the wreckage of the breakfast express train crash that killed at least 13people and injured 75. They
        REUTERS  -  84 words
      • 264 46 AP A WORK slowdown by aircraft mechanics at Kennedy Airport in New York has forced American Airlines to cancel more than 120 flights and delay many others, the airline said in a statement on Wednesday. "We believe this activity is deliberate, illegal, unwarranted
        AP  -  264 words
      • 462 46 SALE OF TWA Reuters [WILMINGTON, Delaware] An independent investor group bid to buy Trans Work! Airlines Inc on Wednesday for substantially more cash than American Airlines parent AMR offered for the bankrupt carrier. St Louis-based TWA, the No 8 US airline, said Jet
        Reuters; AP  -  462 words
      • 1367 46 on nam ra «m m MM Mm am Uft3*0 12 30 S02» 2230 mmmm um km in aw S023 OHO SOU* Z340 •MIS *****7 1535 MM KOMI MM KM MH IKK MM SMMI MB _J MM n to mm kb nlrthiMi wo BOO MM MM BM
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  • Page 33 Advertisements
    • 126 33 /l\ \JM -jyf a I ><: f-k Battle of registries heats up Singapore and Hongkong have introduced many incentives, such as slashing registration fees, to make their shipping registries more attractive to shipowners. But why do maritime nations benefit from a bulging ship registry? P T BANGS BERG reports on
      126 words

  • Page 34 Advertisements
    • 987 34 I NORTH AMBRICA I I PtPOftT I I OTHER D£STIMATtONS I 1 F~ll wt |gg raai atßa Mtus mmim okmo mmirm man an ma Iwnl 11 I hmtiml kajmu umwugp tan n qua* mbm»wimu one wn mmrj mm I »/b~ m/m m/m m/m ii/m ii/m m/m m/m §1 »/m m/m
      987 words
    • 661 34 lines services represented by /S#Es|3 Members of the Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMAHTLE MV "TBN" ETA SIN 20/03/2001 BOOKINGS CALL MOMCA/JUUA TIL 323 4374 CONTAHOS/ CONVBmONAI CARGO iM POT aAt/SMS*POM/Mmn
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  • Page 35 Advertisements
    • 1257 35 TO EUROPE FROM EUROPE Ivcsa voylsbiwmanbnammvsomfxt tai llvissa vot |m» m» hoi wv sou nrr im sw I ■am S42W 03/03 11/03 20/03 23/03 24/03 KTflMttt 32* 11/12 H/02 14/12 07/12 03/13 Aft AGATE 025W 05/03 22/03 24/03 27/03 21/03 AftlOUTf 02Sf IS/02 15/01 17/02 OUT 07/03 API CORAL 020W
      1,257 words
    • 1954 35 Hm nam > wnmnmm J (T/Tif MVS) I TAMTUM IYOTIVBMY I 1 cmuummtm in aSSMStf"* SBRa. *"83%° ""gStfh RSfSK" ""SSSS, J2S& awiiwiioooM mjm'wuuNi *waid id/o) 4ms;u ms3it/4f pemang m-mzziw 04-iM7iw T/SMTWT *****25 *****14/44 KUANUN OfSUSM OfSUiM COWYPmOWAI *****01/450 2M5323/73 rsi/vor scr hksmqm dn oai on she htu xia rr* wi/wr
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  • Page 36 Advertisements
    • 1257 36 SENATOR LINES TO WWW WWWIliw/Mtwm mm wrr aw un ara m nab mv ja_ msa m an aim» m mm mtummm mijw mm iuj i?m iuj mm mm vm mmunh mim km ud mm iiu im NMUHMWTOM IIIIW lUJ MM MM MM MM MM uumi MIM U.U lIM IJM 17
      1,257 words
    • 813 36 Cwrtir MN COHTR LMES, MC p. quoamq (ot) wsna i-|yy\~ J MwiMrMna wu:HHHii7> manrjl<b32)b«***** SSS ImS**"™ PORT KELAN6 HO CHI MINH MV "MED TAICHUNG" V. 195S MV "KITI BHUM" V. 198N ETA SIN: 08-03-2001 ETA SIN: 09-03-2001 MELBOURNE MADRAS MV //HUA V 640 MV "TIGER STAR" V.878N ETA SIN: 08
      813 words
    • 522 36 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR IN(CFS MUUMD. MUMBM) COCHM COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D POMTS VetMl STORE N. SHEW COCHM COLOMBO P KLANG FRONTIER VIBSW M MAR ISMAR 11 MAR 11 MAR »MAR PU GLORY VIMW 11 MAR 70 MAR 23 MAR 2S MAR
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  • Page 37 Advertisements
    • 1376 37 (VjSSBL VOY KHH HKO I «N I PRO. PX» Ml DM* Mt MAN HO6MOZGAN PCLI96 27/02 2S/02 03/03 04/03 11/03 12/03 ***** 16/03 MANTBWAN PCL-197 06/03 07/03 10/03 11/03 It/03 19/03 21/03 23/03 ■AN TA6ATA6AEI PCI-198 13/03 14/03 17/03 It/03 27/03 2t/03 30/03 01/04 KAN KEKMAN PCL-199 20/03 21/03 24/03
      1,376 words
    • 431 37 I Loafing for 1 OCEAN ISLAND RDM/ATW/BMN/UK I Loade Singapore, E-/W Malaywa Indontw J Loading for ARETE JOH/AQMJhKT BAN ANN D6I/ABU/DOH/BRN/DMM/HWT SAFEER JOVAQA/DMT EVDOXJA HDOJOVAQA VI HELLAS De»/ABU/DOH/BHN/T3MM/KWT SUN ACE OBVABU/IX>t'BRN/DMM/KWT CORALI D6VABU/DOH/B«N/DMM/KV/T toads Singapore, EVW. Malaysia Indoneaa ILoadng for 1 TAICANG HAJ VC&VCW/LAX/MZL I OCEAN GOLD CAM/NFK/SAV/NOL I RCXJAREK
      431 words
    • 1142 37 EXPORT IMPORT 11 His I llHl I IHHI I -c EXPORT -lIBMWWIWMIWIW/MIVIXBW-WIiBHWI/1 IMPOKT-WMBBOiWnanWM««V>7aaSWBDMWMWWHUatttai rasavoy sa lgo om |*«vim omob »uw msa T*or TIS qm m hjklrnc Igr 44VM \nm KmuilSßr TISW Wit lS7ii 878~ WW" 0341 Jl/03 W/M 01/ M rUOOdC SWAIOt 017W WW. 13/03 NJMMSSaS MM nCB M/M M/M
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  • Page 38 Advertisements
    • 623 38 export I SGP |GK) VPI |OB |MU |MM INMV [iW 7H MPIIIBMMMai OVW IMojIMB2MB 22A8171/IB 2MB IMB jUNinOOKOOtW 111/03 2MBWHB 3MD loi/04 [OMM ■inMNflMDiiw I iMßpata'oi <M*:HHM'3MM'OMM OMM|OMM|OMM~ mWYOM-OlNlf RIB|3MHOM)4 IMM 1 TVo4"|rVo< 1 fc/tx JUIIMMMMO3K 01/TM WIVtH 17/04 lfyo4 I»D4 gVO4 22/04,23/04 IHRSUAOMOI4W [27/04|74/Q4[3»VIM" AISO ACOPTING CARGO TO AM
      623 words
    • 340 38 BUB VESSH VOYAGE SGP CM DIM MA AM DMM MM KM NXV UNASm 04SMX30W 04/03 «yU3I4/03 IMB UNANG& 014M32W 04/03 1<W314/03 IMB SONCHE 0147* OV/tB 2MB- 77/03 24/03 UNASSUC 0455-01W* 11/W 14/8371/H3 72/03 UM POPUUC 0147-00SW IMB 17/TB 2MB IMB ZHUANGHE 0144* IMB- 27/03 ?MB OMM Also accepting cargo to
      340 words
    • 853 38 nS!sssßuwßSSMfl^^ ygsa I votl sm_og mr_ icm vpse I vot sm I m r»~ ommxm im oyoa jm !ML_ HMUM All I Mil jmiai w* ww _szzb3 aaj_ KSgL ff' Wi OVO3 Jgflj ft™ mm iwg— imp _m i ig* ——Mi Mi ~m ffS:. -B—gg —88 munoM I S3W 07/B3
      853 words
    • 520 38 INDONESIA NATIONAL LINE TO AUSTRALIA WHLOOifPyMEWaOIWCIL va vornßM m m sr» m m m m nmmjm m a/mu/n 14/n u/w a/a mwnw "ST 11/n 11/n v/n»/m w ivwo/o mjm ia/»i u/ii m jjWB m/m it/w it/* iyw FEEDER SERVICE TO INDONESIA 1 *5 w swuw mm n n*-n» nm> im
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  • Page 39 Advertisements
    • 383 39 i BSA ii. mmk MYANMA VHHBk, FIVE STAR UNE (My—r Nitind Um) w Ufef fw YnfM vissa vot sm m pw rm hum now so imo n«w su UUm AGENTS: lOUSTIAO SMPPMG AGWOES OH TH 03-1417)00 P*L TH 03-3174*101 ret TH M-MII4M P«fc TH 07-*****21/4 BANK LINE (A nwfco tt
      383 words
    • 1256 39 HMNE* HYUN^^AERCHANIJWARINECOj^^D^^^^^^ IWBB WIT IMI SON lIM MB lAWIHH I MV fiUs <01 SOM 131 MM WT MMR ¥MSW 05/03 27/33 21/33 22/ M 14/03 APIBAUfSB ***** 05/02 10/02 07/02 01/02 01/31 ntiwon mm 00/03 M/n si/n n/n iv/os ntgbwal um 13/02 07/02 M/ 02 10/02 m/m noicoral uw M/n
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    • 674 39 Wiw WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA ''CAR RORO HEAVYUFT SERVICE" IVBSa VOT IMf HBGHTI Ml I IT IMO I H I W IMI I Off lUK WPWT I Ul 1 TOUKOMG AM 104 4001 m 4JM 11/03 14/04 17/04 19/04 21/04 22/04 24/04 21/04 29/04 UflOU AM 107
      674 words



  • Page 42 Advertisements
    • 88 42 SINGAPORE PTE LTD I 15 McCaflum Street #03-01 A) 2 Nahreat Centre Singapore *****9 V J Fat *****66 Email (MoMmfe eculine net Website http-.//*ww eaiiine.net Al f BHE INDONESIAN PORTS S Banjarmasin/Jambi/Palembang/ UH.approved IRAQ shipments I Panjang/Pontianak/Perawan/Pekan Bam Call: 220 3373 SeePgl2 SIN HUP SENG HUAT RuL s steaming into
      88 words

  • Page 43 Advertisements
    • 994 43 SSAMUDERA SHIPPING LINE LTD 71 tana tmmi, #04-01 to 03, Hatpin 079*11 ■AM UM/OUTWAIfe 533 SMI MWAAD (MP): 437 2344 INPOtT STATUS (MO): 437 2371 INVENTORY (MDh 437 2420 WoMt* kl(p//«««JMMd«ruM CI NO. **********0N BOOKINGS UNI: 335 6266 (C«lio/J«»iko/Md Chon/Jo»>ynn/Poro/Yvonn«/Hqnim) 7 SIGS/WEEKLY EQSQKBH 3 SIGS/WEEMY |WS« I VOT I SM
      994 words
    • 637 43 SIN TO SRI LANKA/ INDIA, CANADA, US/EC/OUIF, MEXICO fK ISWIMTISM I HW I PB6 CM KMI MM NTI Of UN NBM IMI HUM WWHPTH/tW! nm 10/tl U/01 15/»1 127/tl {23/« l 11/02 14/02 IS/03 11/03 20/03 25/03 ]w/M 03/04 M/M liniHl—lYl ZMM \kfto. 15/02 H/02 H/M M/ 01 01/01 11/
      637 words
    • 549 43 inc ihsKß>co hi hdi I Ml uum toiyt/HIHM I VBSB VOT SMEIA SM[TV KSTMAIKM UnSht 03/01 02/03 03/03 ink Urn 5m 12 02/01 04/03 05/03 Wane SmrCart 03/01 05/03 05/03 L Tqp Sonde I 04/D1 05/03 05/03 Uu* Star 22 04/01 05/03 05/03 Snkoye ft* 0»e 02/01 06/03 06/03 Omb/P
      549 words

  • Page 44 Advertisements
    • 569 44 I~ 'VESSEL VOY SIN MAA SIN I TIGER BRIDGE 876N 03-04/03 08-11/03 16-17/03 I TIGER METRO 877N 06-07AJ3 12-IS/03 19-2003 I TIGER STAR 878N 09-1003 15-18/03 22 23/03 I TIGER RHYTHM 879N 12-1303 18-21/03 2S-2CW3 I TIGER BROGE 880N 16-17/03 21-2i03 29-3003 I TIGER METRO 881N 19-2003 2S-2&P3 01-02/04 OSG
      569 words
    • 777 44 iML FREIGHT LINKS KXRRISS PTE LTD SI Pon|uru Road, 3rd Uvol, Freight links Express Logistkentre, Singapore *****3 lSflr Tel: *****11 Fax: *****77 E-mail: flesin6singnef.com.sg FOR BOOKING: *****35/5539/5541/5553/3494 PKOJKT SHIPMENT A HEAVYUFT CARGO (CONVENTIONAL A RORO) iawNMi Um N7U7L N/Pi fMHW/ Ipwiiiim—■ilii.ni.n WAREHOUSING A LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 96M
      777 words
    • 873 44 Vtssa VOY I SN "H HKG XOG WO 1 SHA TRADE FREDA SJTE 03 MAR 07 MAR 11 MAR 13 MAR 15 MAR -SHE lOmMZ: H*U gHB ~2OM ~gffi*E= 3&53& —ggy fflM- Mr -SB* SM -BW— VtSSa I VOV SN I HKG I SHA I WO tflg Q6MAB LLMA6 i*MAR
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  • Page 45 Miscellaneous
    • 130 45 QRgnHHßHHnnß|BßßnHnßnnnnnnnM^ <*!!' Ll'M'P 1 If LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers /^X Rain emperature c Wind direction and speed in knots Cloudy Day Wea,her U cx Ma™ Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds l_ )wt
      130 words