The Business Times, 21 March 2001

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Microfilm: NL22165
Total Pages: 70
1 70 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES MfTA (P) 107/03/2001 SINGAPORE WEDNESDAY. MARCH 21, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    77 1 Dsn U3L7O (+9.55) mm*t-sei U 71&83 (+5.47) ST INDEX FUTTJBES 1,***** (+3.00) f%saßarunmES U 210J0 (+1.30) STOCK MAMffiT INDICES Tuesday Change KLSE COMP fMJSt -8.79 NIKKEI 226 CJosed HANG SENG *****86 233JO SET INDEX 293.14 *1.84 JAKARTA COMP __36&46 €.69 MANILA COMP 1,491.54 -16J6 TAIPEI WP! 5,***** +ttt
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  • Article
    Lock icon FINANCE
    80 1 FOBEX KATES USS St USS(SSperUSS) 1.770 £(l'SS/S$ per 1430 i»l EURO(USS/S$/E) 0.906 1.602 DM lift 1221 YEN 122J 69 JO KM I860 1147 HKS 7.799 4.407 BAHT 43.89 24.80 RUPIAH 10,400 6377 *SS to 100 units PSIME BATES SINGAPORE* SM KUALA LUMPUR 7.67 JAKARTA J9W BANGKOK J.» MANILA J
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  • Article
    Lock icon Fed disappoints with 50 basis point cut
    647 1  -  Bat it signals it is prepared to make further redactions From l Catherine Ong in New York The US Federal Reserve yesterday lopped off 50 basis points from its benchmarket interest rates, prompting an immediate selloff on Wall Street which had been clamouring
    647 words
  • Article
    Lock icon Experts downplay insurers' risks in CPF-tied products
    898 1  -  "^exclusive! SAP reckons the outlook for local life companies is stable By l Genevieve Cua [SINGAPORE] Experts are playing down fears that insurance companies may have difficulty handling the risks associated with the huge inflow of CPF savings into endowment products as equity
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  • Article, Illustration
    Lock icon GES chief is Businessman of the Year
    955 1  -  Yeo Cheow Tong urges companies to have Net strategy and Net culture By' Teh Hooi Ling [SINGAPORE] For the second year in a row, the coveted Businessman of the Year award has been won by "a very ordinary man, of humble origins, with
    ARTHUR LEE; CHRIS LOH  -  955 words
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      157 1 DtgPE Motoring Gas-driven cabs next year? Pg 12 BT Comment I Yang RazaJi Kassim: The strains are showing on Gus Dur and his allies. Pg 16 ~i > Top Stories Creative Technology to close US plant, cut 10% of global staff. Mmxt Pmge Prospects bleak for global credit markets, says
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  • NEXT page
    • Article
      Lock icon Banks' PE/VC investments to be capped at 10%
      670 2  -  But HAS requires local banks to set aside more capital for such investments By\ Siow Li Sen [SINGAPORE] Local banks will soon be able to invest up to 10 per cent of their capital funds in private equity/venture capital investments a move
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    • ON THE grapevine
      • Article
        Lock icon What doth thou speaketh?
        117 2 IF the government wants to engage all businesses and the average Singaporean in its push to wire up every home, surely more friendly language can lend a hand. A sample of the jargon and bureaucratese currently used: "The 2nd Roadmap envisages home networking as an emerging
        117 words
      • Article
        Lock icon Talk about thick-skinned
        138 2 FROM the "employment wanted" section of the Toronto-based Financial Post: "Having successfully completed a ten-year sentence, incident-free, for importing 75 tonnes of marijuana into the United States, I am now seeking a legal and legitimate means to support myself and my family." Among the business experience he
        138 words
      • Article
        Lock icon Name calling
        45 2 THERE'S a new term for buyers of index equity funds index huggers. And we are told this comes from State Street Global, the index people who will soon be launching Singapore's first tracker fund which will be modelled after the Straits Times Index.
        45 words
      • Article
        Lock icon Grass is always greener...
        59 2 ONE stockmarket analyst who has gone over to the other side, so to speak, says he is enjoying his new job very much. "When I was with the broker, it was always looking for a story so that a sale could be made any story, because
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    • Article
      Lock icon Creative to close US plant, cut 10% of global staff
      595 2  -  It will also write down USs6sm against investment portfolio as it grapples with slowing sales By Kenneth James [SINGAPORE] Creative Technology will close a plant in the US, lay off about 10 per cent of its 5,500 employees worldwide, and
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    • Article, Illustration
      Lock icon Impending Gus Diir-Parliament showdown keeps markets on edge
      892 2  -  Today, DPR will discuss speeding op impeachment: source Prom I Shoeb Kagda in Jakarta INDONESIA'S financial markets are growing increasingly nervous about the coming showdown between President Abdurrahman Wahid and the House of Representatives (DPR), as legislators prepare to push ahead with
      AP  -  892 words
    • Article, Illustration
      Lock icon Not a bleat
      64 2 AP J AKART A] The cover of the latest edition of Indonesia's weekly news magazine'Tempoinspired by the Hollywood movie' The Silence of the Lambs portraying Vice-President Megawati Sukarnoputri and President Abdurrahman Wahid. The cover, which ran with the headline 'Mum s the Word.refers to Ms Megawati's continued
      AP  -  64 words
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  • BUSINESS awards
    • Article, Illustration
      Lock icon 17% of big S'pore listed firms sustain profitable growth
      653 3  -  iiexclusive Bain Co study says it compares well with G-Ta 13% By' Teh Hooi Ling [SINGAPORE] Only eight of the biggest 46 publicly-listed companies in Singapore, or 17 per cent, have achieved sustained profitable growth, according to a study by global
      653 words
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      11 3 Looking for profitable growth Singapore Business A wards Supplement, Pg 10
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      149 3 Spirit of enterprise by Maria Eliza Manteca Onate Give breathing space to six billion human beings Destructive farming practices and the overexploitation of timber have destroyed 90 per cent of Ecuador's native forest, causing severe erosion and soil degradation. Determined to protect the remnants of indigenous forests, while at the
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      138 4 UNITED FOOD HOLDINGS LIMITED (Incorporated in Bermuda on 14 August 2000) INVITATION IN RESPECT OF 130,550,000 NEW SHARES OF HK$O.25 EACH COMPRISING: (A) 9,550,000 OFFER SHARES AT 550.315 FOR EACH OFFER SHARE BYWAY OF PUBLIC OFFER; AND (B) 121,000,000 PLACEMENT SHARES AT 550.315 FOR EACH PLACEMENT SHARE BYWAY OF PLACEMENT,
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      226 4 An elegant overnighter now comes along free with j the World Business Class X t class f 'U' -A. £<*%/ 60-inch pitch. 55% more legroom. 150 degree recline. And between now to 30 Apr 2001, a tree leather overnighter KLM's new World Business Class Styled with you in mind. kintllv
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Stats issues Q1 warning: US$23-US$25m loss seen
      572 4  -  Analysts expect losses to widen further in Q2 By\ Rachel Ong DUAL-LISTED ST Assembly Test services (Stats) said yesterday it expects to post a first-quarter loss of US$23 million (5540.7 million) to US$25 millipn as revenue weakens because of poor business conditions. Revenue
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    • Article
      Lock icon UOB-Kay Hian selling M'sian broking assets
      335 4  -  BBMB Securities to buy Thong ii Kay Hian Securities ops for RM9Om By 1 Ven Sreenivasan IN a move to rationalise its overseas stockbroking units, UOB-Kay Hian Holdings is selling the broking business of its 30 per cent owned Malaysian unit. Thong Kay Hian
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    • Article
      Lock icon Flextech net profit jumps 22% to $16.9m
      402 4  -  It meets $500 m revenue target, sees tough year ahead Riji Andrew Wee ELECTRONICS major Flextech Holdings yesterday posted a 22 per cent rise in net profit to $16.9 million for the year ended Dec 31, 2000. saying that it achieved its target
      402 words
    • Article
      Lock icon Asti Hldgs net profit rises 49% to $12m
      350 4  -  Ryi Andrew Wee SEMICONDUCTOR equipment manufacturer and services provider Asti Holdings Ltd yesterday announced a 49 per cent rise in net profit to $12.1 million for the year ended Dec 31, and expects to remain profitable this year despite the uncertain economic
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    • Article, Illustration
      Lock icon CES gain of HK$58.3m mostly interest income
      514 5  -  Current year results to reflect group's hospitality solutions activities By Marissa Chew WHILE City e-Solutions (CES) yesterday reported mainly interest income for last year, the group is building up its core business and its current year results will reflect contributions from its hospitality
      CHRIS LOH  -  514 words
    • Article
      Lock icon Analysts slash profit forecasts for Wing Tai
      320 5  -  Byl Andrea Tan ANALYSTS have slashed their full-year profit forecasts for developer Wing Tai Holdings by as much as 50 per cent, after the company's interim earnings collapsed 70 per cent to $7.1 million. Salomon Smith Barney has lowered its forecast to $47.1
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    • Article
      Lock icon SIA, Lufthansa boost S'pore-Germany route
      127 5 SIA, Lufthansa boost S'poreGermany route SINGAPORE Airlines (SIA) and Lufthansa announced yesterday they are to step up the number of flights between the island-state and Germany, adding a new Munich service and additional flights to Frankfurt. Under the new schedule, the airlines will operate 24 connections a week between Singapore
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    • Article
      Lock icon Time to pick up SIA shares?
      613 5  -  ![•!•}lock siewl wong wei kong IT MAY come as a surprise to some, but one of the stocks that have under-performed the benchmark Straits Times Index this year is a key index component, Singapore Airlines (SIA). SIA shares are now trading at their lowest
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    • Article
      Lock icon Clipsal earnings rise 5.5% to nearly $14m
      326 7  -  Housing reforms in China help to keep turnover steady By, Janice Lee ELECTRICAL installations maker Clipsal Industries Ltd yesterday reported a $13.8 million profit in FY2OOO, up 5.5 per cent from $13.1 million a year ago. This came on the back of a
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    • Article
      Lock icon UK unit to drag down Parkway
      450 7 Analysts are forecasting a 2000 net profit of $25m Reuters PARKWAY Holdings is expected to post sharply lower profit in 2000 as its London Heart Hospital continues to draw lifeblood from the Singapore healthcare group. Parkway posted first-half net profit of $13 million down
      Reuters  -  450 words
    • COMPANY Briefs
      • Article
        Lock icon SIA Engg sells stake in China unit
        96 7 Bloomberg SLA Engineering Co, a subsidiary of Singapore Airlines, said it sold nearly half its stake in a Chinese aircraft maintenance company to Hongkong Aircraft Engineering Co. Hongkong Aircraft Engineering, also known as Haeco, paid U553.35 million (555.9 million) for a 4.09 per
        Bloomberg  -  96 words
      • Article
        Lock icon Dovechem lifts earnings by 8%
        49 7 DOVECHEM Terminals said 2000 net profit rose 8.1 per cent to $3.3 million on a turnover of $38.1 million, alO per cent rise. The group attributed its performance to higher selling prices of steel drums and increased throughput from its terminal and storage business.
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      • Article
        Lock icon Spindex interim up 19% to $3.7m
        46 7 SPINDEX Industries said interim net profit rose 19 per cent to $3.7 million on a 22 per cent rise in turnover to $29.6 million. It reported higher sales from sectors such as office automation, domestic appliances and consumer electronics products.
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      • Article
        Lock icon People's Food profit swells 42%
        58 7 PEOPLE'S Food Holdings' 2000 net profit rose 42 per cent to 429.98 million renminbi (Ss9l million). Turnover rose 38 per cent to 3.174 billion renminbi. The group attributed its performance to an expansion in its dealership network in China and greater acceptance of its new
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      • Article
        Lock icon Losses worsen for Baker Tech
        71 7 BAKER Technology said its net loss widened to $3.9 million in 2000 from a net loss of $1.3 million in 1999. It also reported an 8.1 per cent drop in turnover to $23.5 million. The group's weaker performance was due to a low level of
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      • Article
        Lock icon GMG Global returns to profitability
        62 7 GMG Global has swung into a net profit of $718,000 for the six months ended Dec 31 from a net loss of $657,000 in the previous period. The group said the improvement was due mainly to improved selling prices and a significant increase in foreign
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    • Article, Illustration
      Lock icon Prospects bleak for global credit markets, says S&P
      564 8  -  More defaults on speculative issues expected in first half By\ Ling Su Ann PROSPECTS for credit markets will remain bleak for most of this year and there will be an increasing number of defaults on speculative issues (BB+ and below) in the
      FILE PHOTO  -  564 words
    • Article, Illustration
      Lock icon Solectron to cut more than 10% of global jobs
      334 8 SAN FRANCISCO It also says that it will miss this year's sales target Reuters THE world's largest contract electronics manufacturer, Solectron Corp, which recently acquired Singapore's NatSteel Electronics, is cutting more than 10 per cent of its global jobs despite meeting
      Reuters; FILE PHOTO  -  334 words
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      155 5 planet One Word: VALUE PL.ANET2OOI Singapore, Asia Pacific's Definitive e-Business Forum, is the Premier Forum to FUEL your minds for your next assault in the high-velocity e-marketplace. This year, more than 1000 forward-thinkers, industry teaders and movers wilt come tog ether for an intensive networking of e-ideas on 828, B2C,
      155 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      331 6 Stocks VofcirrM Lankom US2c 13.634.00C Integra 5c 13.468.00C Vickers Capital 25c 11.323.00C Omni Ind 10c 10.389.00C SingTel 15c 9.449.00C OUB 9,112,OOC PacificCenturylOc 9.055.00C Frontline 5c 7,631,OOC GES IntJ Ltd 20c 6,724,00C PCI 25c 6,444,OOC Stocks S_ DBSGrp 94,446,667 OUB 60,730,950 UOB 46,232,325 OCBC 27,973.080 SPH 27,231,113 Omni Ind 10c 26.771,820
      331 words
    • Article, Illustration
      Lock icon Market stabilises as some bet on rate cut-led rebound
      579 6  -  ■ni comment STOCKS r. sivanithy AFTER a week-long selling onslaught that climaxed with the Straits Times Index being battered 50 points on Monday, some measure of stability crept back into the local market yesterday. Led by a bounce in Singapore Airlines,
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    • Article, Illustration
      Lock icon Gul Tech wrt: good overall picture
      191 6  -  WARRANT WATCH By R Sivanithy A LARGE part of the market is either not traded or closes unchanged every day, so liquidity has to be a major factor in making any kind of investment decision. Although there are plenty of bargains to be had
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    • Article, Illustration
      Lock icon DBS Group: deeply oversold
      211 6  -  HOT STOCK By Ven Sreenivasan SINGAPORE bank stocks have been hammered down amid fears about their exposure to the troubled Japanese banking sector. These jitters have added to earlier concerns about their regional exposure, as local economies face the prospect of another sharp slowdown. One of
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2719 6 UNIT TRUSTS FUNDS Manager's prices (Ss):Mar 21 Abrdun Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.726 0.764 Global Technology Fd!** 0.598 0.629 UK Blue Chip Fd!" 0.739 0.777 American Opport Fd 0.813 0.854 Cont Euro Eqty Fd!** 1.043 1.096 Japan Eqty Fd!** 1.109 1.166 Asian Fixed Income
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      75 6 Larry Wee's currencies column appears on Page 28 HOME IN ON HOTS f* INVESTMENT PORTFOLIO ■nun II epTune ori ">* Linn Lim,trd I IwK ~-rr 1 *****00.000 I ,Po Shares- Bonds. Stocks. Annual Reports. 11 I Whatever you're offering, we help you reach out 1 II I to 86.7% of
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      436 7 Advertisement Internet business Opportunities Expo. e Internet has created a million millionaires... Why not you?" Toronto, Canada Internet Worldsrtes franchise. YOUR OWN INTERNET rnrr Business Opportunities The Woridsites Internet BUSINESS FREE SENIINAR Exp° Business Opportunities Expo Senmar AroOone comes to witH show you how you can Imagine owning a business
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      323 8 Re-defining Re-engineering HR Strategies to Improve Your Business Process Aligning HR Development With Business Human Process Improvement: The Strategy Approach For Redesigning Organisation Dr Cal Oltrogge Mr Stuart Tan Vice President: Personnel Decisions International Managing Consultant: TransNeuro Technologies Managing Director: Personnel Decisions International S pore Corpn HR Business Process Outsourcing:
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      729 8 Tung Lok Restaurants (2000) Ltd (Incorporated in the Republic of Singapore on 29 June 2000) INVITATION IN RESPECT OF 20,000,000 NEW ORDINARY SHARES OF $0,025 EACH ("INVTTATION SHARES") AS FOLLOWS:(a) 2,000,000 OFFER SHARES AT $0.23 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (b) 18,000,000 PLACEMENT SHARES BY
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  • SINGAPORE news
    • Article
      Lock icon PM Goh, Polish PM get down to the nitty-gritty
      628 9  -  Polish trade mission in Jane; scientific, cultural PvrhangAg to be discussed also Reports front Chuang Peck Ming in Warsaw, Poland IT WAS supposed to be a get-ting-to-know you session. But the meeting went so well that Prime Minister Goh Chok Tong
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    • Article
      Lock icon S'poreans, Poles good business fit
      305 9 MAKE use of each other's expertise to forge winning joint ventures this is the message Prime Minister Goh Chok Tong conveyed to Singaporean and Polish businessmen yesterday at a roundtable lunch. "For example, Singapore companies are keen on exploring the hospitality and real estate sectors
      305 words
    • Article, Illustration
      Lock icon Watching blood pressure, literally
      589 9  -  Singaporean invents watch to monitor blood pressure throughout the day By\ Eugene Low FOR Ting Choon Meng, a practising doctor, the watch that he has invented to measure a person's blood pressure is more than just a medical device it represents a revolution in the way
      CHRIS LOH  -  589 words
    • Article, Illustration
      Lock icon IDA unveils 2nd Technology Roadmap
      415 11  -  'Connected home' and building trust in e-commerce focus areas By 1 Tang Weng Fai A SECOND instalment of the Infocomm Development Authority's (IDA) Technology Roadmap for the next four years was released yesterday giving some details of Singapore's focus areas around the "connected home" and
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    • Article
      Lock icon Pilot schemes to cut specialist clinic queues
      301 11 THE government is taking steps to cut long queues at specialist outpatient clinics, and pilot schemes will be launched next month to test certain measures, Minister of Health Lim Hng Kiang said yesterday. The stricter keeping of appointments will be enforced through measures
      301 words
    • Article, Illustration
      Lock icon CPI up just 0.7% for high-income households
      287 11  -  1 ll I i.in the economy inflation By Eugene Low HOUSEHOLDS in the highest 20 per cent income group experienced the least inflation last year, Department of Statistics (DOS) figures show. The consumer price index (CPI) for high-income households rose just 0.7 per
      Source: Dept of Statistics  -  287 words
    • Article
      Lock icon SingTel should seriously reconsider Optus move
      375 11  -  MAILnEffl Denis Distant Singapore, via Internet I REFER to your column, "A Time dot Com puzzle" by Eddie Toh (BT, March 19), which mentioned that Sing Tel had been prepared to invest RM2.4 billion (Ssl.l billion) for a 20 per cent stake in Time
      375 words
    • Article
      Lock icon SGX queries, replies hard to take seriously
      196 11  -  Narayana Narayana Singapore, via Internet I REFER to the letter "SGX should enforce compliance efficiently" by Denis Distant (Mailbag, March 13). Mr Distant correctly asked how far it is the duty of outsiders to raise issues which should properly be monitored officially. A
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    • Article
      Lock icon SingTel adviser's advice should be sound
      69 11  -  Sharon Lim, Sarawak, via Internet I REFER to your article "SingTel's offer for Optus tops Asl4.3b: bankers" (BT, March 12). While Sing Tel may be cash-rich, I think it is the financial adviser's responsibility to advise Sing Tel appropriately as to the offer it
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  • Page 9 Advertisements
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      93 9 Asia's newest university, The Singapore Management University, provides cutting-edge executive education. Together with the Wharton School of the University of Pennsylvania, America's top-ranking business school, SMU offers valuable expertise and relevant education for the challenges of this information age. Lwharton-smu executive series 29 April 4 May 2001 Managing Strategic Alliances
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      372 9 H m m 4 H y** MA ._JB R I J Spi. J^SSi Mtim nnSßKyfvTflyfi-gfil H He's back Apply at any j DBS Bank/POSB ATM, over the Net or at your nearest branch. From just $5,000, enjoy guaranteed minimum returns up to 8% p.a. or more with Up. Subscribe now
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      157 10 s (SINGAPORE BUSINESS AWARDS 2000) Leaders hll I mnl 'T I |B^^H SJ JSSSS ST iw_r\_ r #t!l wwi J|HHH feflß"?**?■:.-• ■•.-<■■ 1 i I UIIT WSS7 waSn **£> if §-fc'-. T' fp -< cJ- 7,; > From left Boon Swan Foo (Outstanding CEO); Minister for Communications and H Yeo
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      71 11 mm mm mm mm Small Business in Singapore 29 March $400 Strategic Business Planning 30 March $450 i Entrepreneurship Dynamics 6& 7 April $850 1 A series of comprehensive seminars, providing you with all the details you need to succeed in business. Learn why most businesses fail and what you
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      1400 11 I Clipsal Industries (Holdings) Limited (Incorporated in the Republic of Singapore) Announcement of Unaudited Results and Dividend for the year ended 31 December 2000 The Board of Directors of Clipsal Industries (Holdings) Limited is pleased to announce the unaudited results of the Group for the year ended 31 December 2000
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  • MOTORING
    • Article, Illustration
      Lock icon Gas-driven cabs next year?
      564 12  -  exclusive City Cab wants to start a compressed natural gas fleet next year. Christopher tax has the details CHRISTOPHER TAN SINGAPORE'S second-largest taxi operator, City Cab, wants to launch a fleet of compressed natural gas (CNG) cabs, and is in talks with a number of companies,
      FILE PHOTO  -  564 words
    • Article, Illustration
      Lock icon It's here!
      423 12  -  The first Priiu is already zipping its way 1 around town By Christopher Tan THE first hybrid-powered car is here, well before authorised distributors are ready to launch it. The Toyota Prius, brought in privately by Goh Hup Jin of homegrown paints company Wuthelam Group, has been zipping
      423 words
    • BUMPER to BUMPER
      • Article
        Lock icon UOB loan comes with $2,400 of petrol
        155 12 AT LEAST one company is turning the topical issue of fuel prices to its advantage. UOB is giving away $2,400 of petrol to whoever takes up its car loan. Teaming up with Shell, the relatively small player in the retail vehicle loan arena
        155 words
      • Article, Illustration
        Lock icon Cars with beauty and brains
        105 12 THE motor industry has joined in the recent fracas over beauty and brains. In an advertisement last week, Peugeot distributor Auto France highlighted the 206 model as a car with "looks and intelligence". As a stinger, it added, tongue in cheek: "If only all beauty
        ST. MARCH 17,2001  -  105 words
      • Article
        Lock icon Distributors asking for top-ups
        94 12 MOTOR distributors have not only raised prices in anticipation of higher COEs, but many are asking customers who've already placed orders to pay more now. BT understands these "top-ups" range from $2,000 to $10,000. The price rises affect commercial and passenger vehicle buyers. COE prices are
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      • Article
        Lock icon Probe into faulty minivans stepped up
        71 12 THE US National Highway Traffic Safety Administration is stepping up a probe into faulty DaimlerChrysler minivans. According to the Financial Times, the problem affects air bags from deploying in a crash. The vehicles being investigated include 1996-2000 models of the Dodge Caravan and Grand
        71 words
      • Article
        Lock icon Porsche sales seen higher in S America
        175 12 PORSCHE expects to double sales in South America in the 2002-3 business year, saying the launch of the Cayenne sport-utility vehicle will "lay the foundation for a considerably higher business volume". Dealers in Mexico, the Dominican Republic, Panama, Chile and Argentina have invested
        175 words
      • Article
        Lock icon Delphi, Brilliance China in devt deal
        117 12 DELPHI Automotive Systems has signed a development agreement with Brilliance China Automotive Holdings to supply Jinbei-branded vehicles with engine management systems over the next four years. Production of these vehicles will begin in September. The agreement covers four model years and is worth approximately
        117 words
      • Article
        Lock icon Stamford Tyres holding warehouse sale
        75 12  -  Compiled by Christopher Tan LISTED Stamford Tyres is holding its first warehouse sale on Friday, Saturday and Sunday. Taking place at its main facility in Lok Yang Way (Jurong) from 9 am to 7 pm, visitors can expect up to 50 per cent off tyres,
        75 words
    • Article
      Lock icon Shell eyes LPG as vehicle fuel here
      353 12  -  It raises the matter with the govt which seems to favour natural gas By i Christopher Tan ANGLO-DUTCH oil giant Shell is keen to offer liquefied petroleum gas (LPG) as an alternative vehicle fuel here. BT understands Hong-kong-based Shell representatives have flown in
      353 words
    • Article, Illustration
      Lock icon Parallel policy puzzle ?
      700 13  - Parallel policy puzzle MOTORING Does govt's move on parallel car Imports fly against land transport policy? christopher tan SINGAPORE'S policy on car ownership must be a shining example of life's little ironies. Or so it seems to many. Echoing past queries, a colleague wondered aloud the other day why the
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    • Unusually difficult times facing global auto industry
      • Chapter
        Lock icon Untitled
        32 13 Total vehicle sales at nearly 55 million units last year are expected to drop by 11 per cent over the next two years, wiping the equivalent of Japan off the automotive landscape.
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    • Article, Illustration
      Lock icon The OMV guide
      1155 13 Source: LTA Average open market value (OMV) of cars registered in February. M0DEU4MKE CC WE OMV(S) ALF* ROMEO A146 'OTS 1506 ***** Am ROMEO A156 2.0 1,970 25,870 ALRA ROMEO A156 25 2,492 ***** AUCIA31.W3CR 1,595 22.700 AUDI A31 6A5DR 1505 ***** ALO A41 6A4DR 1585 25.743
      Source: LTA  -  1,155 words
    • Article, Illustration
      Lock icon Better, cleaner fuel burn claim by E'Max
      501 13  -  Engine performance enhanced, car is more fuel-efficient, says director Byi Conrad Raj YOU may now be able to have a cleaner-burning, more fuelefficient and better-perform-ing car engine if the claims of E'Max Environmental International hold true. The Singapore company holds the worldwide franchise,
      501 words
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      620 12 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 P C G PRECISION ENGINEERING PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the company deemed to hove been held pursuant to Section 179(6) of the Companie»
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      443 12 THE COMPANIES ACT (CHAPTER 50> SECTION 291(1) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company MOBILF.GRAPEVINE.NET PTE LTD Company No *****2951W The Registrar of Companies Singapore I/We. Yu Chew Khai Ben of 112 A Farrer Road Singapore *****2 NRKTPasspon No
      443 words
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      486 12 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF BENNIGAN'S RESTAURANT PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap 50. the Final Meeting of the Company and the creditors
      486 words
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      249 12 IN THE MATTES Of THE COMPANIES ACT CAP 50 ond TECHNOLOGY PIASTRONICS PTE LTD (In Members Voluntary liquidofcon) Al on Extraordinary General Meeting of the abovenomed company duly convened and held at BLOCK $09 FRENCH ROAD MS-168 SINGAPORE *****9 on 16* day of March 2001 ihe following Special Resolutions were
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      215 13 Seven CRUISES S^>AS 7~0/? ■Hi *3 1 Bl iHhWHiii alar rraw chip U L j J J 4<H» all luitri! 90% jj| Goorairt ruiaiae of international flair ia elegant dining netting bar Dnipml and created Italy la rrlrkratr the arrival tbe centur* Surrounding* a* as a club with exciting on
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon There's a lot to applaud in Dr Hu's Budget
      827 14  -  OPINION bottom line john miller The writer is head of Singapore and New Market (Asean) Development at the Association of Chartered Certified Accountants (ACCA). The association contributed this article. EVEN if the predicted slowdown in the global economy does materialise later
      827 words
    • Article
      Lock icon IN OTHER WORDS
      102 14 'It's like going to the top of a roller-coaster and riding off, and not being able to see whether there's a track or not. It's like sailing to the edge of the earth and hoping that it's round. That's basically what you're going at right now.' Gury
      102 words
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      Lock icon Tough new competitor for talent
      642 14 EDITORIAL EVEN as Singapore and Hongkong gear up to attract foreign talent to their shores, they have a new competitor. China has put in place a similar policy. While China's drive to attract foreign talent is nascent, it is nevertheless a radical, if not revolutionary,
      642 words
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      Lock icon KL's challenge: how to keep the MNCs coming
      1234 14  -  Malaysia is in of being dropped from the radar screens of the MNCs that powered its economic growth in the last few decades Bruce Gale Dr Bruce Gale is an independent political risk analyst based in Singapore. He contributed this article to
      REUTERS  -  1,234 words
    • Article
      Lock icon Bubble trouble cm the Pacific Rim
      777 14  -  COMMENTARY A careful comparison shows Japan and Silicon Valley aren't all that different Hy I Sebastian Mallaby The writer is on the editorial page staff of The Washington Post AFTER last week's stockmarket slide, people are dusting off their Japanese comparisons. Japan's bubble was
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  • MALAYSIA news
    • Article
      Lock icon KL market set for 2-year low as blue chips falter
      594 15 KUALA LUMPUR Top 3 heavyweights already 4-10% down as correction begins Reuters MALAYSIAN shares look set to hit two-year lows, reversing February's recovery, as top-heavy bluechips begin a correction that has already seen the country's three biggest firms lose between
      Reuters  -  594 words
    • Article
      Lock icon Govt urged to allow media freedom to report on ethnic issues
      402 15 KUALA LUMPUR NST editor says media lost credibility due to calls to downplay incidents AFP A TOP Malaysian English newspaper yesterday urged the government to give the local media freedom to report fully on problems concerning national unity and
      AFP  -  402 words
    • Article, Illustration
      Lock icon Pension fund took wrong bet on Time dotCom IPO: Daim
      420 15  -  Knmpulan Wang expected ill-fated offering to be oversubscribed From. Eddie Toh in Kuala Lumpur A MALAYSIAN pension fund took a wrong bet on the ill-fated initial public offering of Time dot Com. Finance Minister Daim Zainuddin said yesterday as controversy
      420 words
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      85 15 Since 1975 our worldwide staff of over 275 multi-disciplined professionals .A S f including lawyers, chartered accountants. i y chartered secretaries and bankers have y A V provided confidential and cost effective E jm company formation in all the major low fls ta* areas including r™±::. r.~:* Incorporation Fees from
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      5 15 Deep in a sand trap
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  • REGIONAL news
    • Article
      Lock icon Guthrie deal closed, stresses Indon govt
      635 16 JAKARTA Brushing aside renewed calls for a review, it hopes this will pnt issue to rest Reuters, Bloomberg SENIOR Indonesian ministers reaffirmed yesterday that the controversial sale of 25 oil palm plantations to Malaysia's Kumpulan Guthrie had been closed despite renewed calls for the
      Reuters,; Bloomberg  -  635 words
    • Article
      Lock icon 200 HK brokerages set to be absorbed or go bust: study
      228 16 HONGKONG Reuters AT least 200 small securities brokerages in Hongkong nearly half of all houses will be absorbed or go out of business by mid-2002, according to a survey of brokerages in the territory by accounting firm PricewaterhouseCoopers (PwC).
      Reuters  -  228 words
    • Article
      Lock icon 3 Thai ex-ministers appointed as advisers
      346 16 BANGKOK They will help economic advisory team to launch measures to boost growth in country AFP, Bloomberg THAI Prime Minister Thaksin Shinawatra has appointed three former finance ministers to his 10-member economic advisory team in order to help him introduce measures to boost growth.
      AFP,; Bloomberg  -  346 words
    • Article, Illustration
      Lock icon Ex-Bulog deputy chairman sentenced to 2 years in jail
      217 16 JAKARTA AN Indonesian court yesterday sentenced a former deputy chairman of state commodities regulator Bulog to two years in jail over a US$4.l million (557.3 million) scandal that could bring down President Abdurrahman Wahid. Sapuan said he would appeal the sentence
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    • Article
      Lock icon Maybank cuts deposit rates
      387 16 KUALA LUMPUR Move likely to pave way for redaction in lending rates Bloomberg MALAYAN Banking Bhd, Malaysia's largest lender, said it cut interest rates paid on some deposits by between 5 and 20 basis points, a move likely to pave the way for a reduction of
      Bloomberg  -  387 words
    • Article
      Lock icon Aceh rebel gunfire hits minister's chopper
      201 16 No casualties bat the attack underscores security problems Reuters [MEDAN, Indonesia] Gunfire hit two helicopters carrying Indonesia's mines and energy minister and other officials in rebellious Aceh yesterday, but there were no casualties, a military official said. The attack underscores the security problems in
      Reuters  -  201 words
    • Article, Illustration
      Lock icon Crowded out
      53 16 [JAKARTA] Indonesian security forces being pushed back yesterday as supporters of Indonesian President Abdurrahman Wahid flood into Jakarta's par liamentary grounds after breaking through a fence of razor-wire. Thousands offanatical supporters of Mr Abdurrahman gathered at the national Parliament vowing to fight to the death any efforts to
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    • Article, Illustration
      Lock icon The strains are showing an Gus Dur and his allies
      837 16  -  I-l i comment ASEAN Clash between M&rzukl Darnsman and palace spokesman not a good sign yang razali kassim THE stress is really showing on the president and his loyalists. The pressure is mounting on Abdurrahman Wahid as the deadline for
      837 words
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      Lock icon India stocks dive on fears of Calcutta broker defaults
      419 17 BOMBAY Political uncertainty also takes its toll on Bombay stock market Bloomberg, Reuters, AFP INDIAN stocks fell yesterday on concern that traders who bet on stocks on the Calcutta Stock Exchange (CSE) may default on their positions, fanning worries that other
      Bloomberg,; Reuters,; AFP  -  419 words
    • Article
      Lock icon China Everbright wants HK$336m from ex-CEO
      372 17  -  From Quak Hiang Whai in Hongkong CHINESE-controlled conglomerate China Everbright Limited yesterday said it would be recovering HK5336.31 million (5576.3 million) from its former chairman and chief executive Ch'ng Poh, the Malaysian businessman who went to jail for cheating the company. China Everbright, which
      372 words
    • Article
      Lock icon Corporate Asia to face rising credit pressure: S&P
      371 17 HONGKONG Trend of downgrades outpacing upgrades seen picking up AFP ASIAN corporations will face growing credit pressure from a regional economic slowdown, international rating agency Standard and Poor's said in a report yesterday. The US-based agency said that nearly four years after
      AFP  -  371 words
    • Article
      Lock icon Sino Land interim plunges 71%
      488 17  -  But HE property pick-up augurs well, says firm From Audrey Tan in Hongkong SINO Land yesterday reported a 71 per cent dive in net profit from HKI7OB million to HK5207.6 million (5547.2 million) in the six months ended December, but said that its prospects were
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      56 17 Complimentary Cocktail Reception I st June 2001 K Register early to find out how Bf we can put on a great show for you. Hkt or email us today! k I v Stretch Your |1 Productions Pte 3 Temasek Boulevard Suntec above Tel: (65) 333 8280 Fax: (<S) 333 info@rockproductions.com
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  • e-NEWS
    • Article, Illustration
      Lock icon Microsoft launches .Net Web services
      430 18 SEATTLE Hailstorm project plans to create a community of nsers to rival AOL-Time's FT BILL Gates, Microsoft's cofounder, on Monday unveiled the software giant's .Net Web services and laid out the strategy for the group's ambitions to create a community of users that could rival
      FT; AP  -  430 words
    • Article
      Lock icon Philips warns of Q1 fall but stays upbeat
      485 18 AMSTERDAM Chip giant vows to outperform market for the foil year Reuters DUTCH semiconductor giant Philips Electronics NV said yesterday weakness in the US economy and technology sectors has hit first-quarter results, but vowed it could still outperform the chip market by
      Reuters  -  485 words
    • Article
      Lock icon NIIT falls 10% ahead of board meeting
      203 18 NEW DELHI Reuters SHARES of computer learning and software services firm NIIT Ltd fell as much as 10.39 per cent yesterday following news its board would meet to consider reducing emphasis on non-core areas. Shares of the company, which on March 7 issued
      Reuters  -  203 words
    • Article
      Lock icon Sohu.com tries to calm fears of Nasdaq delisting
      213 18 SHANGHAI AFP SOHU.COM, one of China's largest Internet portals, has sought to calm investors after the company's share price dropped below US$l and delisting loomed closer, state media reported yesterday. Sohu.com chief executive and president Charles Zhang said he was not too
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    • Article
      Lock icon China Mobile HK falls on parent's rate cuts
      322 18 HONGKONG Bloomberg CHINA Mobile (HK) Ltd, a unit of China's biggest cellu lar operator, posted its biggest decline in two weeks after its parent said it would start offering cheap calling packages. China Mobile Communications Corp, with networks in 18 provinces, previously
      Bloomberg  -  322 words
    • Article
      Lock icon Tom.com posts HK$436m loss but expects better year ahead
      510 18  -  It's OH itS fitiawHal profile, strict cost discipline, solid recurrent revenue base From t Audrey Tan in Hongkong LI Ka-shing's Internet firm Tom.com said it was confident of its prospects in 2001, despite losses of HKJ436 million (SS99 million) last year
      510 words
  • Page 18 Advertisements
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      222 18 FRAUD ASSESSMENT RISK MANAGEMENT WORKSHOP An In-depth Comprehensive 2-day Workshop 9-10 April 2001 PAN PACIFIC HOTEL SINGAPORE Developing a Flexible Fraud Aligning Your Organisation's Assessment Strategy ■■fl IT system with Management's Iflfl Fraud Objectives to Detect Using Continuous Improvement KB Security Risks Tools for Prevention Detection Team Management Benchmarking Your
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      Lock icon Page 18 Advertisements Column 2
      23 18 L A master of cooking. Or one who just knows his carats. L Get the expert. M Hv'StraitNTimch *****253 Call 1800 741 1883
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  • WORLD news
    • WORLD Watch
      • Article
        Lock icon Morgan Grenfell Pto Equity to buy pubs
        107 19 Bloomberg ww WW [LONDON] Deutsche Bank AG's Morgan Grenfell Private Equity unit agreed to buy 3,000 pubs from Whitbread pic for £1.6 billion ($4 billion) in cash to become Britain's fourth largest bar landlord. Morgan Grenfell Private Equity is buying about 1,288 managed
        Bloomberg  -  107 words
      • Article
        Lock icon RBA asked to set terms for credit cards
        127 19 Bloomberg [SYDNEY] Australia's antitrust regulator asked the Reserve Bank of Australia Ltd to set fees and membership rules for the country's credit-card system, saying National Australia Bank Ltd and its rivals failed to fix problems in the network. Allan Fels, chairman of
        Bloomberg  -  127 words
      • Article
        Lock icon Deutsche Boerse's net gain soars
        78 19 Bloomberg [FRANKFURT] Deutsche Boerse AG, the company that operates Europe's third-largest stock exchange, said 2000 net income more than tripled amid a one-time gain and that it is open for partnerships. It said net income including the one-time gain, rose to 220.5 million euros (*****
        Bloomberg  -  78 words
    • Article
      Lock icon Riady pleads guilty in US, fined US$8.6m
      497 19 LOS ANGELES He could have been fined np to USsl7.2m for flouting campaign finance rules AP INDONESIAN businessman James Riady pleaded guilty to campaign finance violations by himself and his corporation and was sentenced to pay fines of US$B.6 million (Ssls million), the
      AP  -  497 words
    • Article
      Lock icon US recession unlikely: ex-Treasury chief Summers
      231 19 PARIS Reuters THE US economy has hit a rough patch because of "excessive exuberance" in share prices, profits and credit, but recession is unlikely, former Treasury Secretary Lawrence Summers said in an interview published yesterday. "In the short term, there are undeniable challenges due
      Reuters  -  231 words
    • Article
      Lock icon Eurotrain consortium sues THSRC for US$800m
      236 19 TAIPEI AFP THE Alstom-Siemens Eurotrain consortium has filed a US$BOO million (Ssl.4 billion) civil lawsuit claim against Taiwan High Speed Rail Corp (THSRC) after it failed to obtain a high-speed rail contract. Eurotrain asked a Singaporean court to arbitrate the dispute in January and
      AFP  -  236 words
    • Article
      Lock icon US sees second-highest trade deficit in January
      527 19 AP [WASHINGTON] The US trade deficit widened slightly to U5533.3 billion (5557.9 billion) in January, the second-highest level on record, reflecting a big jump in imports of foreign cars and energy products. The deficit with China rose sharply but the trade gap with
      AP  -  527 words
    • Article, Illustration
      Lock icon No quick fixes for American energy crunch: Bush
      682 19 WASHINGTON Energy secretary points to crisis' impact on US growth Reuters, FT US President George W Bush sees no quick fixes for the US "energy crunch," its most serious shortages since the Arab oil embargo and petrol queues of the early *****.
      Reuters,; FT; REUTERS  -  682 words
    • Article
      Lock icon Unusual heat sparks California power outage
      740 19  -  Rolling blackouts raise fears of crisis when summer peaks From, Jennifer Lien in Silicon Valley UNEXPECTED summer-like temperatures triggered roUing blackouts throughout California on Monday, the last day of winter, leaving over one mUlion homes and businesses without power for a few hours at
      740 words
    • Article
      Lock icon S Korea's Q4 GDP falls 0.4% as exports, investment slump
      629 20 SEOUL Drop from previous quarter the first in two-and-a-half years Bloomberg SOUTH Korea's economy shrank in the fourth quarter for the first time in 2 1/2 years as falling demand abroad and at home forced companies to cut production and
      Bloomberg  -  629 words
    • Article
      Lock icon Playing the blame game on Capitol Hill
      775 20  -  1 from Washington leon hadar NOT so long ago, when Bill Clinton was occupying the White House and the Dow was somewhere up there in the stratosphere, and everyone was watching CNBC, checking their Palm Pilot to find out how their favourite Nasdaq
      775 words
    • Article
      Lock icon Morgan Stanley regrets Korea research note: Seoul
      254 20 SEOUL Bloomberg MORGAN Stanley Dean Witter Co apologised to the Korean government after its senior economist Andy Xie predicted an "impossible situation" in Korea by 2008 due to excessive debt, according to a government official. Mr Xie last month published a report titled
      Bloomberg  -  254 words
    • Article, Illustration
      Lock icon Vague pledges from Bush, Mori to fight downturn
      590 20  -  Bnt no adoption of any dramatic action to fight Japan slump From Leon Hadar in Washington AMERICA'S newly-elected President George W Bush and Japan's lame-duck Prime Minister Yoshiro Mori made vague commitments to help contain the economic downturn in their countries and
      590 words
    • Article, Illustration
      Lock icon Rent for Hillary Clinton's NY office raises eyebrows
      550 20 Her Manhattan suite, at U*****,148 a year, is the most expensive for any US senator LAT—WP [NEW YORK] While her husband gave up pricey post-presidential quarters to move to Harlem. Hillary Rodham Clinton has rented space in a mid-Manhattan tower for U*****,148
      LAT—WP; REUTERS  -  550 words
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  • FINANCE & commodities
    • Article
      Lock icon Futures edge up in cautious trade
      257 21  -  SGI Derivatives Trading Report ST Indeac/MSGI SPpore Index Wong Ann Chuen Refco Singapore THE Singapore stock market closed with modest gains yesterday as investors traded cautiously ahead of the Federal Open Market Committee (FOMC) meeting today. The benchmark Straits Times Index added 9.55 points
      257 words
    • Article
      Lock icon Futures rise on Wall Street rebound
      235 21  -  BCSCX Taiwan Index Refco Singapore THE Taiwan stock market closed mixed yesterday as investors waited cautiously for the outcome of the rate-set-ting Federal Open Market Committee (FOMC) meeting due later last night. At the close, the MSCI Taiwan stock index was marginally down 0.46
      235 words
    • Article
      Lock icon CURRENCY REPORT
      217 21 Reuters London THE euro rose to its highest in nearly a week against the dollar yesterday, before trimming gains, as caution ahead of a US rate decison later yesterday prompted profit-tak-ing on the dollar's recent hefty gains. Europe's single currency also firmed to one-week peaks against the yen,
      Reuters  -  217 words
    • Article, Illustration
      Lock icon Untitled
      891 21 3VTERBAVX CROSS RATES Mar 20 CS f fr D" "KS lndH»upm Yw Woo m MgUfcH Nso SS *mi SfrHTStoWPo^USS s a 5 5 3g III11 fSS a S EES g 3 Si sssss" s lii 11|S3SSiaSE3 Irxha 0.043 0.033 0.178 0 024 0155 0 046 0167 on* MI! 0221 1020
      891 words
    • Article
      Lock icon Untitled
      1845 21 S1C0M PTTPRES Mar2 o RUBBER (Mures dosing as it 5 JOpm) RSS1 CONTRACT (S cents/kg) Close Votwne Open **onth Low Sett (tows) hrterest A(* 01 100.25 200 M«y 01 ***** BOO <*■01 103.25 800 Jul/Sep 01 104.25 750 RSS 3 CONTRACT (US cents/kg} Volume Open low Sttt (towm) Interest AprOi
      1,845 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK falls ahead of Fed meeting as HSBC rebound fails to hold
      2913 22 HONGKONG AFP QHangSeog -23X83 HONGKONG share prices fell 1.7 per cent yesterday in the run-up to the US Federal Open Market Committee (FOMC) meeting which will decide whether to cut interest rates further or not, dealers said. They
      AFP  -  2,913 words
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      Lock icon CHINA
      1091 22 AFP Pi Shenzhen B Index +16.49 SHANGHAI B-shares closed 0.8 per cent higher yesterday, continuing recent gains, despite turbulence in overseas markets and profit-taking pressure, dealers said. The Shanghai Stock Exchange's BShare Index added 0.78 point at 138.21 on turnover of 2.39 billion yuan. The A-Share Index edged up
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,091 words
    • Article
      Lock icon TAIPEI
      378 22 AFP PJffP Index +o^l TAIWAN share prices closed almost unchanged yesterday in thin trade as investors stepped to the sidelines and waited to see whether the US Federal Reserve would cut key interest rates, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 0.81 point to 5,642.70, on
      AFP  -  378 words
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      26 22 every thursday The Tokyo stock market was dosod yesterday. Chairperson OR CHAIR SALESPERSON? w tp ji To fill your vacant positions, just call 1800-741-1883. TbeStraitsTimes E32HHI
      26 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL shares ease ahead of FOMC meeting
      439 23 AFP Qj Composite Index -8.76 MALAYSIAN shares closed 1.3 per cent lower yesterday as investors took to the sidelines in modest trading, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 8.76 points to finish at 656.50. The Second Board Index closed
      AFP  -  439 words
    • Article
      Lock icon Untitled
      9246 23 msimu CoHSMMT pnAKti 2001 Last Vol Day Met Cop Hm. L— Cim>w» *000 Loot P/I jm» 340 300 Ajinomoto 306 91 124.0 45 29 Angkesa 32 I 85 32 29 47 2 342 286 A potto Food Hlg 300 unch 40 300 300 6.5 120.0 356 300 Asm rit* 328
      9,246 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2636 24 BOMBS WARRANTS Mar 20 Wt Ms FnmJ li#ry Urt M Mr UMaato tl| Mta b. hi Mta La> Claim tati <"•••> «N6 I* teyar hi" M«a HmftU —a» Ma »lll>|T Lalt 40 0.5 t Acma ******4 0.5 -•--•II 41.0 I 300 553 92.00 4 23 2.5 S AIITach******7 3 2.5
      2,636 words
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      Lock icon BANGKOK
      758 24 AFP PI SCT Index *LB4 THAI stocks rose 0.6 per cent yesterday, with interest in banking and financial stocks on speculation that the US Federal Reserve may cut interest rates by 50 basis points or more, dealers said. The Stock Exchange of Thailand (SET) Composite Index gained 1.84 points
      AFP  -  758 words
    • Article
      Lock icon MANILA
      292 24 AFP Q Composite Index -15^8 THE Philippine Stock Exchange Composite Index fell 1.1 per cent or 15.98 points to 1,491.54 yesterday. Volume turnover fell to 236 million shares worth 335 million pesos from 374.18 million shares worth 290.80 million pesos on Monday. AFP «»20 P*m (000) Abacus Construction 0.56
      AFP  -  292 words
    • Article, Illustration
      Lock icon JAKARTA
      761 24 AFP Q Composite Index 4.69 INDONESIAN share prices, which tumbled to a 28-month low on Monday, dropped a further 1.8 per cent yesterday with sentiment weak on lack of positive news and the unstable domestic political situation, dealers said. They said the weakness in most regional markets and the
      AFP  -  761 words
    • Article
      Lock icon WELLINGTON
      265 24 AFP QIOSMO +48J84 THE New Zealand stock market ended the day 2.4 per cent higher at a seven-month yesterday. The benchmark NZSE-40 Capital Index closed up 48.84 points at 2116.52, its highest close since August last year. Market turnover totalled NZ5231.41 million. —AFP rwo) AOvantage MOS 0.95 -0.07 2183
      AFP  -  265 words
    • Article
      Lock icon SYDNEY
      550 24 AFP f"lAllonßimie« *134 THE Australian share market closed 0.4 per cent higher yesterday after investor confidence was boosted by the prospects of interest rate cuts in the US overnight, brokers said. The All Ordinaries Index climbed 13.6 points higher to 3,175.1 points at the close, while the SP/ASX2OO rose
      AFP  -  550 words
    • Article
      Lock icon SEOUL
      315 24 AFP El Composite Index -2.74 South Korean shares fell 0.5 per cent or 2.74 points to close at 531.59 yesterday. Volume was 277.2 million shares worth 1.2 trillion won. AFP H* 20 Anam S*rm 4040 -40 Brain Tactl 5TS -5 Central Bank 170 0 Ch*H Coithti *****0 2000 Da*
      AFP  -  315 words
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  • Article
    Lock icon STOCKS sgx
    8234 25 SGXMAIMBOARD Of Gr M Wt U LM Vol Day Last gwti (M« Mr VW MM Cm A«a Ml# U» Cf| Sale CH HI0I lot ln» S<fct Cw Wl sJi Mm MULTI-INDUSTRY 153 44.5 c AtmaSOc 46 -3 692 49 44 5 45 46 5 4 3 5.4 5
    8,234 words
  • Page 25 Advertisements
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Trying to guess who will wear what to the Oscars
      951 26 But with all the hype and the hard sell, Hollywood is keeping its secrets [HOLLYWOOD] NEVER before have so many tried to dress so few so fabulously: more designers have set up more mini-boutiques in more posh hotel suites to
      REUTERS  -  951 words
  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      133 26 I projecteyeball. it's been around since before of its patrons were born. Hiap Leong coffees hop, located diagonally across from The Substation, will close its doors to make way for redevelopment. Inspiration, fresh kopi, classic char kway teow and are just some the things we will soon miss. JW^P£*> m
      133 words
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      Lock icon Page 26 Advertisements Column 2
      25 26 I Lianhe Zaobao I I Sontak Holdings employees get I kjEfl new I ■ffi'Jshares free I I from major shareholders I I *SSS I I
      25 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      258 27 Whereto wine, dine and entertain..rt(o>&<s Peking Duck that's a cut above others. Bon appetit! Treat your family, friends and business associates Re Peking Duck and we'll a pleasant surprise, additional $12+++, we'll eave some culinary magic to transform your duck into yet another dish, j Delicious! For reservations, call Restaurant,
      258 words
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      Lock icon Page 27 Advertisements Column 2
      128 27 Sumptuous Tljai Suffet From 11 to 25 March 2001, let the fiery dishes prepared by renowned Chiang Mai Chefs perk up your appetite. Buffet Lunch $22.80 (Adult) $12.80 (Child) Buffet Dinner $27.80 (Adult) $16.80 (Child) Prices quotrj ere subject te 10% terrier chirp. 1% cess end 5% GST Participate in
      128 words
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      Lock icon Page 27 Advertisements Column 3
      77 27 mm* Advertise in Wine, Din« A Entertain Business Times Contact Anne Tan 740 6127 or Amy Choo 740 1559 now. J IRISH BUFFET Enjoy Irish we*-lmown pies, hMrty broth, sod* bread. the Cafcarmo* the OuMn coddte and the ever famous Irtah Stew at only S2SOO per adult and $15.00 par
      77 words
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      Lock icon Page 27 Advertisements Column 4
      163 27 Savour the tender juiciness of specially prepared duckling at the Hua Yuen Chinese Restaurant, Grand Plaza Parkroyal. Select from Cold Shredded Duck with Fresh Fruits ($l2), Cantonese Styte Curry Flavoured Duck in Claypot ($l2), Noodle Soup with Duck Drumlet ($8) and Orange Peel, Pan-fried Noodles with Shredded Duck served on
      163 words
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      Lock icon Page 27 Advertisements Column 5
      50 27 H ,t>, kJkJt l Qlanlong Imperial Banquet A Yangzhou Feast at Pine Court 20 to 28 March 2001 Bjj|A\i Lunch: 12:00 noon 2:30 pm 82-«6 Dinner: 6:30 pm 10:30 pm H Reservations: 831 6262/66 -i WW 333 Orchard Road. Singapore *****7 W: 737 4411 Fax 732 2361 PON-T/N/ ■■unl M
      50 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      903 27 The Business Times, Wednesday, March 21, 2001 g«^i;lwiM?»rs^■ OMtral 9-00 Jennifer Lopez Crazy. ma). /Pt2). I I WO E n,ra AkhirKata |S 12 10M "a^Kd| Sue Too T AM r H™"dH* ThASWronUes(W. J& \!> gSt 3 ne tsrain LOO Felicity 6.02 The Asian Edit/Know 10.00 Singapore Tonight. M■' W3O Dragon
      903 words
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 2
      269 27 CRYPTIC CROSSWORD 21 ACROSS 4 Live in Settle, say? (6) 1 Unhurried debate (10) 5 Footplates some people like to 6 Ointment used in herbal medi- paint (8) cine (4) 7 Rosy doubtful about replacing 9 Hides fun in orchestration of top (10) Schubert's work (10) 8 Most reggae characters
      269 words
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  • MONEY matters
    • Article, Illustration
      Lock icon Greenback looks set to dominate
      1008 28  -  I=ll comment CURRENCIES Whatever the Fed decides to do, demand for the US$ will remain strong larry wee WILL the Fed have cut interest rates by 50 or 75 basis points by the time this column hits the streets today? And what will it mean
      Source: Reuters; Source: Hypo  -  1,008 words
    • Article
      Lock icon Risk-averse investors should stick to defensive plays
      967 28  -  By, John Tan The author is fixed income strategist. Standard Chartered Bank. This article is not an invitation to invest BT and its contributors will not be held liable in any way. DEMAND side liquidity in Asia's US dollar bond market is expected
      967 words
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      74 28 Bi 1 fIH W m H 1R M I j^H I Try having people in your regional office reporting toyouat the same time, several times a day. j^^BL H tßk. i; v |Br ufl p HI ,£j§ A on iipjjj^^^B^ HitachiASP is about having your regional operations infly in one
      74 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon No sure thing
      1589 29  -  For insurers, the risks arising from single premium endowment insurance plans may be the most difficult to manage, a study by actuarial consultancy NMG reveals. As short-term, lump sum investments, they bear the risk of mis-timing the market a perilous possibility in today's volatile times. As assets
      1,589 words
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  • PERSONAL FINANCE
    • Article, Illustration
      Lock icon What you don't know...
      844 30  -  1=11 comment YOUR MONEY could definitely hurt yon. Details on how Insurers pay bonuses could make the difference between your taking up the better plan, and getting saddled with poor returns or worse bankruptcy genevieve cua LAST WEEK I found myself in a seminar for actuaries,
      844 words
    • Article, Illustration
      Lock icon Why credit quality is crucial for insurers
      846 30  -  S&P explains why policyholders most pay attention to insurers' ratings By I Genevieve Cua £>0 financial strength ratings on life insurance companies matter to policyholders? The answer from Standard Poor's, which has just released its Singapore annual insurance review, is a resounding yes.
      AFP  -  846 words
    • Article
      Lock icon An inspirational tool for agents
      389 30  -  The life of veteran AIA agent Gamini Korala illustrates the art of selling By Rachel Ong WHAT makes an insurance agent? There's no one answer, but a newly published book on 78-year old AIA agent Gamini Korala Gamini Korala: A Life of Service may give
      389 words
    • Article
      Lock icon Untitled
      394 30 BELOW $3000 <8000 $5000-9999 HOOOO mm $***** 4 UP ABN-AMRO Bank (Millennium Account) 1.3750 1.3750 1.3750 1.8000 2.2500 DBS (Auto-Save) j 0000 ***** 1.2500 1.2500 1.5000 Hong Uonp finance (Savers Plus) 1J000 1.5000 1.5000 1.5000 1 5000 Singapore finance (Savers Plus) 1.1250 1.1250 1.1250 1.2500 1.2500 HSeC (PowerVantaoe) 1.0000 1.0000
      394 words
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  • UNIT TRUSTS
    • Article, Illustration
      Lock icon Absolute positive
      784 31  -  Phillip Securities' asset managers will attempt to generate positive not relative returns with 3 funds, investing in money market, income investments and growth stocks. RACHEL ONG reports RACHEL ONG WITH so many funds already in the market, Phillip Capital Management's (PCM) new offerings may seem just like any
      784 words
    • Article
      Lock icon UNIT TRUST SCOREBOARD
      484 31 UNIT TRUST/SECTOR (6 MONTHS: SEPT 15 'OP-MAR Iff Til) TOP 10 FUNDS CPf-APPROVED BENCHMARK (S6) CHNG CHNG 1 ABNAMRO Star Europe Bd/ N 12.23 Sal Europe* WG6I! 1045 Fixed Income Europe 2 Optimix Asian Bond/ N 10.66 Fixed income Far East Pac 3 OCBC Savers World Bond/
      484 words
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      349 31 The Dynamic Tri-Sector Fund lired of losing V our tapital j-.iins* lired of tmnn lo level mtreases even lt s vour profits •..ton' lor added det ide flow mm h and when to urvt si in .1 ln>;li growth se< 1111 t .1 minimum of 'to of investor s imti.ii
      349 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon Insiders cautious in run-up to Fed cut
      1490 32  -  INSIDE!., hU>A4U Bnybacks at Jaya, Del Monte, SIA; selling seen at CSE, Boardroom, Fastech By Robert Halili The writer is managing director of Score Lab Asia Ltd. He is assisted by Ngia Soon Chai, Singapore News Desk THE Singapore insider sentiment ended in
      Source: Primark ITA  -  1,490 words
    • Article, Illustration
      Lock icon Omni springs surprise, Tung Lok a victim of sentiment
      1353 32 STOCK BISI OMNI INDUSTRIES Full-year earnings beats market by 12.4%, stock could see bounce Omni Industries reported FYOO results that must have been quite a surprise to the market. Earnings grew 60 per cent to $47.3 million on turnover growth of
      1,353 words
    • Article
      Lock icon ACU DEPOSIT RATES Offered by various banks (as at Mar 20. 2001)
      1262 32 Deposit amount 1-mth J-mth 6-mth DBS Bank AS S10.000 A24.999 4 4700 4 3400 4 0700 A25 000 -M9999 4 4900 4 3600 4 0900 Dmfc S10.000 Dm99,999 4 1500 ***** 4 0400 OmIOO000 Dm149,999 4 2000 *****
      1,262 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      272 33 Reuters THE Baltic Dry Index (BDI) rose two points to 1,508, the Baltic Panama: Index (BPI) gained five points to 1,645, the Baltic Handymax Index (BHI) firmed 18 points to 9,547 and the Baltic Capesize Index (BCI) was down on point to 1,816. TIME-CHARTER: ♦Primo—(built 1982) 132,049 dwt
      Reuters  -  272 words
    • Article
      Lock icon MARITIME STOCKS
      293 33 SOX >000 ■r* CWT Distribution 0.49 -0.01 12 Cosco Investment-Z. 0.18 0.01 104 Freight LHi 0.09 -0.01 94 G8 Holdings 0.42 -0.02 14 IMC Holdings-hk —5.60 unch 0 Jaya Holdings 0.15 0.01 582 KeppelCorp 1M 0.06 646 KeppelFCLl 0.97 -0.01 121 Keppei Marine 0.15 0.01 1462 Keppal Tele
      293 words
    • Article
      Lock icon IACS chief dismisses talk of split
      883 33  -  Pact on higher safety standards among three nothing nnusnal; the three classifiers promise to support the organisation By] Beth Jinks [SINGAPORE] The International Association of Classification Societies (lACS) has slammed speculation that an agreement between three of its leading members to pursue higher safety
      883 words
    • Article
      Lock icon Pirates hijack Indon ship with $2m cargo
      433 33  -  Inabnkwa's 23 crew nnhart, left on deserted island By Donald Urquhart [SINGAPORE] An Indone-sian-flagged vessel and its US$2.l million (553.7 million) cargo was hijacked while en route to Singapore last week as Asian government officials discussed how to tackle the growing menance of
      433 words
    • Article
      Lock icon Stop moaning, a majority of owners run a decent tonnage
      697 33  -  STRAIT TALE By\ Seafarer LAST week a picture of International Transport Federation general secretary David Cockcroft sporting an ill-fitting chief officer's uniform grabbed attention. He had scored a major propaganda coup by buying a Panamanian chief officer's certificate despite having
      697 words
    • Article
      Lock icon UK shipbuilder H&W's property sold to lift debt
      139 33 TROUBLED UK shipbuilder Harland and Wolff has sold its Belfast property interests to its parent company Fred Olsen Energy for US$6O million (*****.6 million) plus a further US$7.5 million in long-term debt. The price for the 54 hectares of property around the
      139 words
    • CRUISE industry
      • Article, Illustration
        Lock icon Wall Street worries about cruise fleets' pricing
        732 34 Investors are worried about US slowdown and possible drags on ticket prices from a shipbuilding boom Reuters [MIAMI] THE big cruise lines have been steadily filling their rapidly expanding fleets with passengers looking to escape an especially harsh North American winter, but as
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      290 34 PAGE Ahrenfciel 12 Appenship 5 AsiaOCl 11 Assets S Austral 6 Avarrt 12 B'tang Mas 6 BSA T BTl 12 BaUji Shpg 5 Bangladesh 11 Batamindo 11 ccm r CMACGM 3 COSCO 3 COCOS S CSAV 3 Central Ex 6 Chaftaya 12 Cho Yang 5 China Shpg
      290 words
    • Article
      Lock icon SHIPPING GUIDE
      14839 40 THEBUSINESSTIMES Pa 9 e 8 EX PORT WEDNESDAY, MARCH 21, 200 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvolre 28/03 04/05 ZIM/Seth ZIM HAIFA I 73* 45-*****12 28/03 12/05 COSCO EMPRESS DRAGON 0107W 65-*****00 29/03 04/05 Setramar VILLE
      14,839 words
    • Article
      Lock icon SHIPPING GUIDE
      5150 42 THEBUSINESSTIMES Page 10 IMPORT i WEDNESDAY, MARCH 21, 2001 ETA ETA Advertiser Vessel Voyage Telephone Origin SIN Name Name Number Number A From ADELAIDE (ADL) 1007 Australia 23/03 03/04 CMA CGM POND ADELAIDE 34N 45 *****00 30/03 10/04 CMA CGM A PL IVORY 35N 65-*****00 06/04 17/04 CMA
      5,150 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        703 45 Vessel Voy No Berth Arrival Departure C Progress 20/03 *0/03/7:50 20/03/15:00 BriNiant Re 86 J02 20/03/7:35 21/03/840 Auh* Stray* 01-Jul J07 20/03/7:50 20/03/21:00 •tot* t 031S01 J03 20/03/7:15 20/03/21:00 Bu<M>*h*ri2 *****a J02 20/03/8:15 20/03/22:00 Shine hun 106 1040 J15 20/03/8:15 21/0V2340 Terang 18 *1073 J03 20/03/10:25 20/03/1600 Ef
        703 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1948 45 RECEIV1N6 OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From achiever m 22m oo ii 19/000 19/1*59 ntmo a Hflroo 20/0*59 n/ora lt/)700 20/0*59 20/0*00 3 20/0700 20mi 20/1400 4 20/1200 20/1459 20i/IT00 annus mm 2Umo ivnoe imn nnm 2*
        1,948 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        198 45 Mar 21 Mexico: Benito Juarez Day. Mju-26 Brunei: Hijrah. Indonesia: Awal Muharram. Malaysia: Awal Muharram. Mar 29 Taiwan: Youth Day. Apr 1 Australia: Good Friday. Argentina: Good Friday. Apr 12 Argentina: Maundy Thursday. Denmark: Maundy Thursday. Mexico: Holy Thursday. Apr 13 Mexico: Good Friday. New Zealand: Good Friday.
        198 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        799 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 mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        799 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        470 45 Carta* 180 Mot 985 2.3 Q.8 0.28 74 0.04 Iter IS Density Hater Residue Ask Aluminium Sediment No abow E25 0 10 10 0 TT=- 380 Aw 985 5 0J 12.6 0X17 23 0.01 [Inn 380 Mai 990.6 0.8 HJ 0.09 46 0.03 «t/fl in H/M
        470 words
    • AIR & LAND transport
      • Article
        Lock icon American drops TWA's US$1.8b order to Airbus
        503 46 It opts for the 106-seat Boeing 717 jets after the takeover of TWA Bloomberg [FOßT WORTH, Texas] AMR Corp's American Airlines will drop an order for Airbus Industrie jetliners valued at US$l.B billion (553.2 billion), opting instead for planes made by Boeing Co,
        Bloomberg  -  503 words
      • Article, Illustration
        Lock icon A flight of fancy, thanks to BA
        136 46 [SINGAPORE] Youngstersfrom the Canossaville Children's Home may have missed out on keeping a giant model aircraft mistakenly delivered to their home by a confused courier, but they got to check out a much bigger plane up close to make up for that lapse.
        136 words
      • Article
        Lock icon Cathay Pacific cautious as usage slips this year
        281 46 Bloomberg [HONGKONG] Cathay Pacific Airways said it filled less of its passenger and cargo capacity in the first two months of the year, and is monitoring demand as the global economy cools. Cathay filled 70.5 per cent of its available seats with
        Bloomberg  -  281 words
      • Article
        Lock icon Garuda to take delivery of 7th leased Boeing jet
        209 46 Bloomberg [JAKARTA] PT Garuda Indonesia, the country's main international carrier, plans to take delivery of the last of seven leased Boeing 737-400 aircraft by the end of this month to meet rising domestic demand. Garuda needs the jets, leased from GE
        Bloomberg  -  209 words
      • Article
        Lock icon Air Canada to sublease three 767s to Ansett
        188 46 Bloomberg [TORONTO] Air Canada said it reached a tentative agreement to sublease three Boeing 767s to Australia's An sett Airlines as the Canadian carrier scales back capacity because of a slowing economy. The deal cannot be completed until it gives Canadian rivals
        Bloomberg  -  188 words
      • Article, Illustration
        Lock icon Iberia plans to cut costs as it launches IPO
        321 46 Bloomberg [MADRID] Iberia Lineas Aereas de Espana SA said it hopes to cut costs over the next three years in an effort to boost demand for its shares even as pilots are demanding an 18 per cent pay increase. Spain's largest
        Bloomberg; REUTERS  -  321 words
      • Article
        Lock icon New airport being built to cater to Bakun dam project
        340 46 Bintnln will get an RM3OOm airport in three years to help the 5,000 workers needed for project AFP [KUALA LUMPUR] A new airport will be built to cater to an expected influx of workers constructing the multi-million-dollar Bakun dam in
        AFP  -  340 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1707 46 OTT FUCMT E7A FLKNT ETC MMM* AMU 30 1900 LH6381 1900 «no wop Aantwdan ****** 0530 U.0636 2330 S023 0640 M328 2340 6A979 lOS mw m W—lrtn moot 3 02S5 mm K42M MM mm M mm mm mm mm M* Wi tW MI/GA646 030 M/6A*47 0755
        1,707 words
  • Page 33 Advertisements
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      148 33 A Meeting of Minds in A Sea of Change /i«k\ IfBU imSvi LSJUL? Exhibition on Application of Information Technology, Control 8t Automation in the Maritime Industry 25 to 29 June, 2001 Singapore Polytechnic The new millennium will bring great changes in the maritime world as greater emphasis is made on
      148 words
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      1223 34 I NORTH AMERICA I 1 EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS -DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SBtVICE) *ssa wi itasm n»sw umgkaoi muas iwgai ooueo mnim mnaan nssa wi pffl px-amm! aguwu wwiwaao co—ro rt» mbmvmu mumm OOQ JVM 4*12 71/
      1,223 words
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      Lock icon Page 34 Advertisements Column 2
      702 34 Lines services represented by Members of the Regislry of Accredited Shipping Agents. Singapore Shipping Association |g UtY IN MALE wsa r~vor 175 I n eta f. KIAN6 SPOCI MALI Prince» Lily VO3Ol 03/04 05/04 13/04 Empress Lily VO4Ol 19/04 20/04 27/04 Princess Lily VO4Ol 03/05 04/05 11/05 ULY MARINE SERVICES
      702 words
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      6 34 Members of the Singapore Logistics Association
      6 words
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      1284 35 TO EUROPE FROM EUROPE vcsa vot sm mi w ho »y iou bt uh Ivtssa I vot rtm urn nut m sounrta sm I API FRANCE 031W 22/03 14/04 11/04 12/04 09/04 APIGAMT 1011 OMTT OMTT OMT OMT 22/03 MOl ADVANTAGE 001W 23/03 00/04 10/04 13/04 14/04 HYFBSUL 32* 03/03
      1,284 words
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      Lock icon Page 35 Advertisements Column 2
      914 35 TO: COLOMBO 1 sSr EVERY MOMMY I »w lOTWWWI T ff/Ti<mm I ST N up «Srr m* "=w«ggßa Rsasr "^i""" 0000 —sss gg::« sa sag- st»«3« COWVINTIOtUL *****01/150 *****23/73 SH6W ANNOUNCEMENT Eastern China/South-East-Asia Weekly Service Routing Ningbo Shanghai Wenzhou Singapore Jakarta Shekou Ningbo Transit Time Exports Imports From SIN (Direct)
      914 words
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      Lock icon Page 35 Advertisements Column 3
      407 35 1 rasa Ivorlsiw IkglvoTpiiMHKGTica Ihk lusm|wH rasa voy m jkt su» __-ss—g%—g%—-BB-BIKmiW6 IMS 75/03 77/P I&4W 21/03 01/ M 03/04 10/04 04/04 04/04 WT s!l DU MOISHA ttO HH MKSMUPOtf 118 JO/03 04/04 M/ 04 14/04 10/04 11/04 HTUMMSHMnH OStS H/M 09/04 TnTnT "iT^" U UUIZS m law tm/om on/wnr
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      1247 36 C SENATOR LINES TOKUKOW TO MMXXJE EAST/MAN/RED SKA Ima |*ot j9*lm I I aim Imal■» I wx Iwa wr si u a FWWASN SBUTOt OOISW 70.03 00.04 07.04 M M ISM 10.04 17.04 AUOOF MIIW 74 0] J| |x*4 07J4 MM HAJUM (HUMG 0074W 77.03 13.04 14.04 IIJ4 17.04 14J4
      1,247 words
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      Lock icon Page 36 Advertisements Column 2
      897 36 Carrier MB CONTR LINES, MC a guoanq: <07)*****23 LJNy V2J JEiiSJili 7 manl^W>*****4 PENANQ:(O4) *****38 BANGKOK: (M 2) *****67 SURABAYA: (31) *****11 P KELANG: (03)*****77 JKT <21)*****46 KUCHBW <032) *****1-3 BANGKOK MANILA MV "XETHA BHUM" V.380N MV UN MASTER" V.*****N ETA SIN: 25-03-2001 FTA SIN: 26-03-2001 FREMANTLE KARACHI MV "KOTA
      897 words
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      Lock icon Page 36 Advertisements Column 3
      558 36 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N SHEVA (CFS MUUMO. MUMBAI) COCHM COLOMSO ALSO ACCEPTORS TO Ml NORTHERN AND WESTER* 1.C.0. PHOTS VWMI S PORE N SHEVA COCHIN COLOMBO P KLANG FRONTIER VII7W »MAR >3 APR H APR M APR 11 APR PU GLORY VII7W II APR II APR
      558 words
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      1429 37 IVtSSa VOY KHH HKO SW I PKL I OX4 Ml PMM UK IRAN KERMAN PCL-199 20/03 21/03 24/03 25/03 01/04 02/04 04/04 06/04 MAN ISFAHAN PCL-200 27/03 23/03 31/03 01/04 04/04 09/04 11/04 13/04 IRAN HORMOZGAN PCt-201 03/04 04/04 07/04 03/04 13/04 16/04 13/04 20/04 IRAN TEHRAN PCL-202 10/04 11/04
      1,429 words
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      Lock icon Page 37 Advertisements Column 2
      422 37 ILoadngtor OCEAN ISLAND ROM/ATW/BMN/UK TAHARA RDM/ATW/BMNAJK EJ\N. Malaysia. Indonesia Loading for SAFEER JDH/AQA/DMT EVDOXIA HDCVJDH'AQA VI HELLAS D6I/ABU/DOH/BRN/DMM/KWT SUN ACE DBI/ABU/DOVBftN/DMM/KWT CORALJ D6VABU/DOH/BRN/DMM/KWT YA LATIF DOI/ABU/DOH/BRN/DMM/KWT 'Loads Sngapore, E7W Malaysia. Indonesia ILoadngtor OCEAN GOLD CAM/NFK/SAV/NOL NATS EMPEROR CAM/NFK/SAV/NOL Loads E7W Malaysia. Indonesia IS pore Loading tor 1 ÜBON NAVM INC/BSN
      422 words
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      1275 37 I EXP QgI IMPORT I KS 1 88 sl sl »S »:S:».S 2:8 KSSm VS S:8 ?j$ *8 8-8 I rouKsn ;JJJS si*" ;iiv" ;l|j'lffjE I W /0> KIANSTBOOI li{B \W& I AttlfTWt tAIWl 1 Id I 'I'M HlMih HmiHAtlH fTKtm ST nniM(, HAma 2 AllTttttf mrri 1 1 1
      1,275 words
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      350 38 I ASIA MEDITERRANEAN EXPRESS (AME) -WESTBOUND SERVICE I ivron |VoT|i«i| mi I ml m I —ihr MS w sss Wfc r— Ml Ml-=iB==3B= I W, i«, b, >„ w. tummmmmm Itotab IM4 fWBJOWI k HUt«Wir/noxxn tiopMb laimgnd tkfanki Ooltunturf iorMn lortrdw. Mntorg IrmnW, fi*»o V fertur Ufa> ftp, Itum, UAok,
      350 words
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      899 38 py^iSflsi •AWOKOMW YA PHUT/LAgM CHABABOO TUSMSBSUBAII^^^^^ *®5§ *0T SW |MB tm 104 VtSSfl VOT I <■ I BT I»m m_jm TW vm~ mum ~uM vM r~ inyuHyr; as*__Mj mi *03 ™*tZw os 7 7S /O3 nm <m »m wn wm xm mm**"' uk ~sas »/to n tf/®3 31/03 LUOtt- 1
      899 words
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      61 38 i) Of MA ift* AVi V 7 »ij OA-'Ti.V .V X *****33 ETA SIN f^rJ 2^\lVv IRAN V ETADITBAI §Al'l)l\\ 25/3 |EGY PT\\ARABIA 3/4 Iclr m 8/4 19/4 jeddah 1 I KUWAIT 1111 I QABOOS RIYADH 1 I MANDAR ABBAS DAM MAM 1 pSHARJAH BAHRAIN 1 L DU BAJ DOHA
      61 words
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      625 38 INDONESIA NATIONAL LINE TO AUSTRALIA "1 I RILL OOWI3UMEBICWVIC4L vot r M ffl m m m m wnm* ms b/UM/is n/w m/u 17m ~u/* NMMBMK »T R/MB/W u/ti 15/S 17/84 B/84 T" awiwr ~m w/Mii/w ip> T T m/m wa*" p/w n/M ti/itt m/w FEEDER SERVICE TO INDONESIA VOT imwi
      625 words
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      399 39 BSfl n. mm* MYANMA Wtfflk FIVE STAR LINE (MyoiiMr National Um) 1 Loading lac Yoo9oa VISSU VOT SR PKI KM PGU I AGO 11 tW SU> WONG LA 43* IN PT MALATSU AGttTS: lOUSTEAD SHIPPING AGENCIES KUL TH 03-*****00 PKL TU 03-*****101 PIN: TU 04-*****02 PGU: TU 07-*****21/4 BANK LINE
      399 words
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      1256 39 HYUNDAI MERCHANT MARINE CO., LTD. iVBSa VOT 111 SOU ta I KIM I ANT 1 HAM rwv~[ IVBSB I VOT I SOU 181 I RTM ANT HAM INV I {II API FRANCE 031W 22/03 00/04 14/04 11/04 11/04 Ml MM V-S3R 23/02 24/02 10/02 10/02 14/83 Ml ADVANTAGE 001W 23/03
      1,256 words
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      1008 39 v&v WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA 'CAR RORO HEAVYUFT SERVKE* IVKSa VQT UW HEIGHT Si I UC IMM I -IA I SAV IKt I Off WYC liWI KM Wn#7 4an W 3 M/ 05 07/05 W/OS 11/05 12/05 14/05 11/05 20/05 ItTir 4J 01/04 5 IVOS 21/05 23/05
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      85 42 New Advertisers/Services/Agencies WE** SINGAPORE PTE LTD W 15 McCallum Street #03-01 A) 2 Natwrst Centre Singapore *****5 Fax. 1651 *****66 Email general<#ecusin eculine net Website httpy/www eculine net 3 SAILINGS PER WEEK TO SHANGHAI Call: 220 3373 SIN HUP SENG HUAT Looking For Cotton Rags Of High Oil Grease Absorb
      85 words
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      927 43 SSAMUDERA SHIPPING LINE LTD 77 Amm Road, #06-01 to 03, Sinfapor* *****1 MAM UNI/OUTWARD: 532 36RR INWARD (MO): 437 236R IMPORT STATUS (Woh 437 2371 INVENTORY |CHD): 437 2420 Website liftp://www.toinwd«ra.com CR NO. **********0H BOOKINGS LINE: 535 6266 (Celia/Jessita/Mei Chon/Jeilynn/Pora/Yvonne/Honim) QEHBDB3H 7SLGS/WEEKLY nEMffliai 3 SIGS/WKKIY |vtssa I ypT I s«
      927 words
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      45 43 REGULAR SIGAPORE VCTIAM SStVICE vnsas vot ft* no MsraunoH KM THANH 2/3001 MPT 21/03 LONG THANH AN WANG 05 2/2001 MPT 24/03 VUNGTAII/HOK THANH M 2/2001 21/03 24/03 VUNGTAU/HOK agents IMKOV SHIPPING CO PTE LTD W DUXTM MU. SMKAPWK 00M17 Ta: *****73 FAX: *****05 igTWi—
      45 words
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      673 43 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Hfi—Bl—ll—BB Bfi aw torn hai I hti o«f sav Imw I iam 1 hou 1 n im-jiZtlJjZgLli/91 ??70l ***** 11/02 14/02 IS/03 i»/m *>/ai lyo? w/03 03/04 m/m WESEEVfJ!" 9 SUSLMISLAIISLWSLI2/SL_IJZM_J1703 11/04 is/04 u/M mW HOtCHPUM/OSW Il7o|_ J9/03 20/03 30/03 25/03 05/04
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      516 43 hgggß ENG LEI SHIPPING CO Wl LTD I I Wi 5J***** Um| F«I: SMMM/SIMfM I I T ct mwNiiin I VKSft VOY 9MIU SMFTO KSTMMKW UmStoS 03/D1 21/03 22/03 Uw«Slorl7 02/01 21/fi 22/03 Mortc SaaCmd 05/01 22/03 23/03 DumofWre UwiS«* 32 03/01 22/03 23 03 Stntoyc UwSib22 04/01 24/03 25/03
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      605 44 1L j iIM 1111 ■BS9B2EEEEM9H I VESSEL VOY SIN MAA SIN I TIGER METRO 881N 21 22AJ3 27 30/03 I TIGER STAR 882N 25-26/03 30-0204 I TIGER RHYTHM 883N 2&29AJ3 03-0604 11 12/04 I TIGER BRIDGE 884N 31 31/03 06-09/04 13-13AJ4 I I TIGER METRO 885N 03-04,04 09-12/04 16-17/04 TIGER
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      984 44 FREIGHT LINKS EXPRESS PTE LTD 51 Ponjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg BUSAN MV. DMA VCI22E NEW DELHI ■V. ORIENT AISHWAIYA Villi ETA 5* 24/03/100) ITA SIN 24/03/1001 SEMARANG ■v. Aft cotonao vooi SURABAYA ■V. 00KNTAI IttOfT V4IA ETA SM:
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      40 44 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 03WB 16/04 27/04 02/05 ALS EXPRESS 04WB 19/05 30/05 04/06 ACCEPTING TO JOHANNESBURG AfMti: Td Fai Smgaport knlmApnoH *****41/14? *****43 OJSttOWW OJSWOKM
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      806 44 TO EUMOPC CHINA N. EUROPE SERVICE **"a VOY HKG XGG lAO SHA W SJNGAP 9 gE 53t 24AAAB 28 MAR 6IAP* Oj AW 05 WE O'aM Mam JA?* 12Aft= H J SAVANNAH 087E 07 ARB 11 APR 15 APR 17 APR 19 APR HJ NEW YORK HOE 14 APR 18
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      107 44 UAN HUAT SHIPPING CO., (PTE) LID. (SHIPOWNERS I SHIPPING AGENTS) 10 Akm Rood, H4-13/14, H/17,19-21 □JQ bterwational Ptazo Singapore *****3 Jtt *****11 (24 Urns) frc (S5) *****94 f-adt halml@mkx3 rfap—f r—, i§ at DO: miivmtw WBKLY SAUK TO TIUKtWI ACCEPTMG l£L QMO vnsa VOT SIM YGM SWGANG 0107* 71/03 02/04
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      122 45 y^S^rJi LEGEND: laeued by Meteorological Service Singapore PC Thunderstorm A Showers Rain emperature Wind direction and speed in knots Cloudy Day Wea,he OO UoTy Wind speed symbol. SeaCondit.ons O Full circle w/o line indicates calm or light and variable winds j 9ht <1 m J—-One half fleche represents 5 knots
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      78 46 WE PURCHASE VESSELS 1500 LDT UP FOR DEMOLATION/SCRAP. CASH PRICE OFFERED AS IT IS DELIVERY BASIS TEL- CHRIS FRANK *****78 FAX: *****88 GO Synchro Net Diploma/Degree Holder Min 5-6 years Shipping/Operations/Logistic or Equipment Control experience Team player, Result orientated, self starter Able to monitor own and staff performance Develop new
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  • SINGAPORE BUSINESS AWARDS
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      346 47  -  This year's Singapore Business Award winners are proving their mettle in the New Economy even as they reach up and out -By Teh Hooi Ling THERE'S no doubt about it it's technology that distinguishes the best from the rest. And this year's winners of the Singapore Business Awards
      346 words
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      1508 52  -  Businessman of the Year Goh Lik Tuan steered his PC. manufacturing business GES out of a baptism of fire into an era of rapid growth. The self-made man tells eugene low his story EUGENE LOW the crisis and into the future. They all agreed that something had
      PHOTOS BY CHRIS LOH  -  1,508 words
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      185 52 'At one stage, I thought it was game over for us, because I did not see any opportunity. As a businessman, it is very frustrating not to see any opportunity for a breakthrough. If we had not managed to find a solution to the problem then, it
      185 words
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      1005 53  -  Niche is not sufficient. Small and medium businesses should aim to beat heavyweights at their own game, but in subtle ways, say SOO JIUAN TAN, KHAISHEAMG LEE and GUAM HUAUM SOO JIUAN TAN, KHAI SHEANG LEE, GUAM HUA LIM The writers are associate professors of
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      1465 54  -  Outstanding CEO Boon Swan Foo spells out a dynamic vision for Singapore Technologies Engineering to upsize and globalise, david boey tries to keep up DAVID BOEY DESPITE the string of successes Singapore Technologies Engineering has chalked up since its formation in August 1997 like its strong earnings record,
      ARTHUR LEE  -  1,465 words
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      198 54 While Singapore Technologies Engineering is deadly serious about growing the company's revenue streams, its management also wants to project it as a fun and vibrant place to work. That explains the magazine-style format for its 2000 annual report (right) where the top guns also
      198 words
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      1087 55  -  Leveraging on the Internet has paid off for Chan Brothers which is eyeing explosive growth and expansion into the region, amcelatam looks at how the home-grown travel agency has reinvented itself ANGELA TAN WITH its newly renovated and high-tech branches sprawling over 13,000 sq ft
      PHOTOS BY CHRIS LOH  -  1,087 words
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      1719 56  -  Identifying growth opportunities is a tricky business, chris zook and Charles ormistom argue that companies should look for growth by looking inside first CHRIS ZOOK, CHARLES ORMISTON Chris Zook directs Bain Company s strategy practice and is the author, with James Allen, of
      1,719 words
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      1031 61  -  The catch-all audit is becoming ever more crucial in today's high-speed rollercoaster world. A robust, self-assessment framework is the key to effective risk control, says keith stephenson KEITH STEPHENSON The writer is principal. Internal Audit Services, PricewaterhouseCoopers IN recent years, the business world has been subjected
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      1067 61  -  dbrbc mcmeekin rediscovers continuous improvement DEREK MCMEEKIN The writer is managing partner ofAccenturt's Strategy Business Architecture Service Line tn Asia WHATEVER happened to continuous improvement? A couple of decades ago, it was seen along with total quality and Kaizen techniques as providing a universal panacea
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      2142 64  -  So you've got your $30m ERP system in place. It won't do you any good if your employees or your suppliers don't use it. IT literacy and awareness are the invisible infrastructure that your business must nail down to ensure your e-business engine runs smoothly, says Patrick
      2,142 words
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      1248 66  - It's a hot career option, it's a glorified sales position, it's about corporate planning. Is it? domald n sull investigates DONALD N SULL FT BUSINESS development has become one of the hottest career options in technology-intensive fields. Recruiters scramble to fill vacancies and online job boards list thousands of openings
      FT  -  1,248 words
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      1114 66  -  Get rid of jargon and techno-dutter in your office, mike loh reckons simplicity is a competitive advantage MIKE LOH The writer is regional director. Pacific Rim, National Bureau of Certified Consultants, US IN communication circles, there's the Elevator Speech. You've got to be able to get your
      1,114 words
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      Lock icon The boardroom business of risk
      1956 68  -  With the connected economy creating all manner of new hazards, directors must take the lead in a concerted effort to exploit, not avoid, risk. By peter Wallace and carolym buck luce PETER WALLACE, CAROLYN BUCK LUCE Peter Wallace is practice leader, enterprise risk management, Ernst
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      1447 69  -  Internet business solutions tap into the power of the Net and are the tools that shape the 21 st centurv office Plus, they're great for productivity, says billchang BILL CHANG The writer is managing director. Cisco Systems, Singapore IN today's highly competitive marketplace, it is more important than ever
      1,447 words
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      Lock icon Building your tech bridges
      787 69  -  ong hoon memg on how to ensure a solid foundation for your e-business ONG HOON MENG The writer is managing director, IBM Singapore NINE in 10 companies with a staff strength of under 1,000 use technology for accounting, finance and billing,and more than half use technology
      787 words
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      141 47 Winning profiles pages 6,8, 9 SME strategies page 7 Focus for growth page 10 Risky business page 15,22 Lessons in learning page 18 L mft^jJt\jyo J| ft jflH r p> Cm -J B If *****1 Ml JM~ Jp^ C° mmun i ca tions v /e believe in developing marketing V*r
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      241 48 2000 Businessman of the Year (Tingaporon /i/l Mr Goh Uk Tuan /U Chairman of GES International Limited —ESffk— thekisinesstimes Daring to dream, Willing to share "This award is very personal. All other achievements were with the company. It's the most prestigious award that a businessman in Singapore can receive. When
      241 words
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      259 49 Heartiest coigratulations from: J Arthur Anders en MM invent AMD J! FuJitsu AMD Far East ltd FUJITSU COMPUTERS (SINGAPORE) PTE LTD Microsoft Sgt FUJITSU MICROELECTRONICS ASIA PTE LTD One step ahead W Silicon Graphics Pte Ltd boardroom limited HCGU IKZ/. Insurance 01 Computet System Pte. Ltd. BAX Global Pte Ltd
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      273 50 GES: Success through and partnership I Established in 1975 as a hobby retail shop in electronic kits and components, GES has grown into a leading I original design and original equipment contract manufacturer for international brands and distributor of I computers and computer-related peripherals in the Asia-Pacific. I The company
      273 words
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      626 51 enterprise, innovation Design and Distribution distribution network enabling customers to place orders Man 11 tactu ring The Di S iland Grou P of Companies, a subsidiary 24 hours a day through the Internet. Digiland's 828 GES manufactures and of GES, handles the sales, marketing and e-commerce solutions currently cover Singapore,
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      42 53 v wmypHh *•_<*»• t »i •4 200 1 BUSINESSMAN OF THE YEAR jyiii9K' ovf 9 y Mr GoA Lib Tuan, Executive Chairman, GES International Limited We are proud to be associated with one who has reached the pinnacle of success. N mm Motors
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      148 57 i I'm *4 t -/2 Z 4 I f I Outstanding i i' K r v .'-•^•'fe A 1 K m **Z2*Zi r *M&£i -TL. V u :>'•<" V sT•'" •v:#.-". >... '{ft. J tfTfg AUV^g? J WL i < c I r Y? m. <U; 5 o■•■ 4 i
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      214 58 ...because we were bursting with pride for him and the achievements that were attained j with our customers, partners and associates in 2000, when we moved closer to being a global t engineering group... WORLD-CLASS LEAuU. I 111 only Asm Pacific <■< >i 11| )< niy I > I li*
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      387 59 fijgjßStir yif 0 .■pr k> f 0 I I I < j r 7;-* J V: 25r£; I Some ten thousand strong Singapoie hvhnologios rng r- t *«mtr?". 1 (ST Engg) is an integrated engineenng group which sp<vmm-.,--. m aoun.-M,-,-. eluctioni. land systems and man no. SI r ngg's pi
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      50 60 Outstanding Connections... t r f it h ARTHURANDERSEN i 9 suFsse boston a Free Markets. Iffli invent TSM rrrtu jr T FRIEDRICHSHAFEN ISBi Leaders in Propultion Systems OERUKON CONTRIVES v v r ran Chartered I AM/4V -T— 4 i fiSrauwiONAL Division f 'j/jj Singapore Food Industries Cjj Singapore Technologies Engineering
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      398 62 I i*z <«4lHfcb»*-«aHL. -w>+> roifWyWfjW v j ■'i T^M I IwJ r. ,«J j| Sj}}HMf£/9 >■ ■Wfr^iP^tilmiK^ LkMP ftMHI '&■Pr fWfftWES ?€T^ite j T|H^» BB?^fßnmSia^^Bi IMNB> ffc' ILnj iiiifcMßPSdßß^ > NM*' >^ g r**• t -ywv" *r~ r < fl|H V m nAu Chan Brothers Breakthrough-Win at the Singapore Business
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      443 63 i ;—__—Li—l_il_Lll— :—_ii—i J., ""-i" &&yjLn 1 d* ■^IHB^HHK^fJHr J3S|# >& k 1 f r^l j&., fi ijjjfiiW ;jtf-• v*U ,;4%1 >y -r j^^Bfcw^HßPvfl J* j^K T ■I I The travel industry is traditionally fraught with limitations due P ill I f to its labour intensive nature and low profit
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      376 65 1 B V! II^MfIMBMpHHHHMRfIfIHHMMHtw^a(HH)MRPIM^'***'*^-*',t t '-?¥*!'*W* si* fr** W I P aMaaaiaß^^2SttSHßHßHH rra> VH| fl AHMv H H H M H M||fl M A|J| JCjS JIL I JB jK> Jb i and Resources m «ju-w, 41 J frave/ booking made/-» -i n .t t < l_ at Chan Brothers Travel
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      243 67 iW »>" '■■*>"• *l> Jiyn>4&ti s !s .^»y> T MwrgMW A f -w v ——"V jHy^^*' HHBf 1—1»««.y»» 1 vk. y y^y^pSj i; t& t jfflg f^ffyj^jS^^Bj^*' ~;ilg«gs&Sf products expertise Jgl jfll^^ lb •technology financing (through investmetMm |P^^^V branding profit sharing I training stock options 1 **l/SH^^^m How will Chan
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      58 68 v Congratulations to Executive Chairman Mr GOH UK TUAN GES INTERNATIONAL LTD PHF"; on Winning the prestigious X; V Businessman of the year 2001 Stone Industries Pte Ltd Alphawave Pte Ltd 4 Kwong Min Road, Singapore Skylet Computer Corporation Pte Ltd #04-54 Sim Lim Square, Singapore COM.ASIA TECHNOLOGY #04-56 Sim
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      175 70 w^ Vp Tow Cheng Peter Pooh .1 LH I iiXl lImIIHIiHIIi ch4 f Financial Officer Managing Director Managing Director 6ES Singapore Pte Ltd M^!^GES < M3sts V (M)Sdnßhd MSI-Oigiiand (PMs) Inc Limited. Indb Computer Umftad. See Eng Huat Ang Tong Huat Quek Pek Chuan Edward Kow Andrew Chan General Managar
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