The Business Times, 26 February 2002

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL23882
Total Pages: 38
1 38 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MTTA(P) 107/03/2001 85* SINGAPORE Internet: http: business-times.asial .com.sg/ TUESDAY. FEBRUARY 26. 2002
    15 words
  • Article
    Lock icon MARKET SUMMARY
    11 1 A .g-'i sfv Wm\ Pp5IVIS^ S3! iimi (*t»Mi 1RP
    11 words
  • Article
    Lock icon FINANCE
    8 1 SL 5»—Sa r RITUM.. i S° am
    8 words
  • Article
    Lock icon New accounting rule behind forced leave for staff
    614 1  -  JBAAtaXJLSU^&ULLa It's not a prelude to retrenchment, but compliance with rote en unexpired leave By Conrad Raj [SINGAPORE] Scores of companies have been asking employees recently to clear their previous years' annual leave. This has many staff worried sick that it is
    614 words
  • Article
    Lock icon More property analysts are calling it quits
    467 1  -  BTI allium J Weakening sector and revamp by firms dted for seme moves By Andrea Tan [SINGAPORE] Several property analysts have left the scene in the past few months some of their own accord, others affected by restructuring. Imminent and recent departures include
    467 words
  • Article, Illustration
    Lock icon New LDP scandal could tip Japan into political turmoil
    653 1  -  From Anthony Rowley in Tokyo JAPAN may be about to plunge into fresh political turmoil, on top of threatened economic and financial crises, as Prime Minister Junichiro Koizumi confronts charges of serious corruption within the ruling Liberal Democratic Party which he
    AP  -  653 words
  • Article
    Lock icon Wall St surges in early trade
    89 1 Reuters [NEW YORK] Wall Street stocks added to gains early yesterday morning, with sentiment helped by a surge in sales of existing homes and encouraging outlooks from wireless technology firm Qualcomm and others. By 11am EST, the tech-laced Nasdaq Composite Index had risen 15.05
    Reuters  -  89 words
  • Article
    Lock icon Wine-loving bankers fired over £44,000 dinner
    219 1 AFP [LONDON] Five investment bankers who spent £44,000 (Ssl on a boozy London meal have been sacked by their bank, City sources said yesterday. The group ran up the impressive bill drinking vintage wine at the French restaurant Petrus in central London last July.
    AFP  -  219 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      54 1 Too itoflii itograw; DPMTfcn. 1 w«ralo% stake in f PanpacMada. §pt#**v 11BS5. Xmptocrnm |jpmMngflncly ctoarad Next sMa2o%.fl*« Japan's An I. MII I, ijfc i« exports grown m-.i? imnr hWi fltat 1M :f ftp. Why the govt should consider option of closing down HDB li il HourGlass JHlili jggjggjj «*i(S 1.1
      54 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      64 1 Investment hinrl Aw.trri'. t ROLEX Rolex Day-Date and Rolex Lady-Detejuet. Officially Certified 9wtoe Chronometara www.rolex.com See the Roto ColecOon at wfm The HourGlass h •01-02 Shopping Centre. Tel: 734 2420; #01-10/11 Scottt Shopping Centre. Tel: 235 7198; #01-3BA Lucky Pleza. Tel; 733 1262; #01-01/02 Penmaule Plan. Tel: 337 B309; #01-13
      64 words
Page thumbnail Page 2
  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Beware the bull
        87 2 IN its latest newsletter, US on-line investment adviser Calendar Research Reports (www.Calendarßesearch.com) says: "The evidence mounts that investors' perceptions have shifted from belief and hope to scepticism and fear. There has been a concerted effort on Wall Street to keep the bull glued together and present a
        87 words
      • Article
        Lock icon SingTel CFO wins award
        137 2 SINGTEL'S chief financial officer Chua Sock Koong has been named Capital Markets Person of the Year by FinonceAsia magazine. The award, presented last Friday in Hong Kong, was in recognition of "the transformational nature and professionalism of the transactions launched". Presenting the award to Ms Chua,
        137 words
      • Article
        Lock icon Pinetree Club still a lure?
        61 2 BEP Holdings Singapore is throwing in a Pinetree Club membership if you rent an apartment at the prime 21 Balmoral Road. A BEP spokeswoman said the firm owns a corporate Pinetree Club membership and tenants who lease an apartment will become nominee members. The rent
        61 words
    • Article, Illustration
      Lock icon Chinacom's Panpac sale raises eyebrows
      576 2  -  BTia'MIIMWJ Nasdaq-listed firm failed to give timely notification By Teh Hooi Ling [SINGAPORE] Nasdaqlisted China.com Corp has sold its entire 10 per cent stake in Singapore-listed Panpac Media.com without informing Panpac nor the Singapore Exchange (SGX) on time something it is required to do under
      FILE PHOTO  -  576 words
    • Article
      Lock icon Ibra expected to name winner of BCA race in 12 days
      519 2  -  SCAEETTS Bnt bidder FaraUon Mold poll tot over Stanchartchanges From Shoeb Kagda in Jakarta THE Indonesian Bank Restructuring Agency (Ibra) yesterday announced that it expects to name the winning bidder for Bank Central Asia (BCA) in 12 days time,
      519 words
    • Article
      Lock icon TRI placement shares listing finally cleared
      693 2  -  They will be listed on Feb 28 after getting waiver on previous conditions Froml Diana Oon Abdullah, Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange (KLSE) confirmed late last night that telecoms group Technology Resources Industries would be allowed to list its
      693 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      380 2 KPMGSeminarSeries The Canny Guide to Currency Risk Management Monday Tuesday, 25 26 March 2002,9.00 am to 5.00pm Orchard Hotel Singapore Why All business institutions, banking or non-banking in nature, are exposed to foreign exchange rate movements. The ability to recognise, measure and manage exchange rate exposure is imperative for survival.
      380 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      7 2 TRI saga has hurt confidence, Pg 4
      7 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      32 3 After 100 years I in Singapore, I our family now I extends to several I generations. I citibank S\i o\i<>\ smith K\R\n I Citigroup Citigroup I -ito t\v r\ jsstM nivifiiUjonirnl H
      32 words
Page thumbnail Page 4
  • SINGAPORE companies
    • Article
      Lock icon CSE net profit dives 71% on charges, lower margins
      237 4  -  By Ling Su Ann HIT by lower margins and one-time charges for restructuring and bad debts, CSE Systems and Engineering yesterday reported a 71 per cent plunge in net profit to $4 million, from $14 million previously. Turnover for the full
      237 words
    • Article
      Lock icon Unit sale lifts Inchcape gain
      428 4  -  Exceptional item raises profit by 5%; director's advice on delisting out soon By Christopher Tan TOYOTA distributor Inchcape Motors said yesterday its 2001 profit shrank in the face of intense competition and warned that margins will be "subject to further pressure" this year. The company
      428 words
    • Article
      Lock icon TRI saga has hurt confidence
      574 4  -  HOCKIBWISgWI diana oon abdullah THE Malaysian stock market took a double hit last week, with California pension fund Calpers' decision to stop investing in KL listed equities coming just a day after the Kuala Lumpur Stock Exchange's last-minute deferment of the listing of placement shares
      574 words
    • COMPANY Briefs
      • Article
        Lock icon Norelco pròfit rises 18.4%
        80 5 NORELCO Centreline reported an 18.4 per cent rise in profit to |7.8 million for the year ended Dec 31. Turnover swelled 27 per cent to IBS million as sales for its hard disk drive segment jumped three times. Earnings per share roee from 2J6 cents to
        80 words
      • Article
        Lock icon Go-ahead for UOB Radanasia rights
        99 5 Reuters [BANGKOK) Thailand's UOB Radanasto Bank's board has approved a plan to Issue ISO million new shares via a one-for-5.6 rights issue. The bank told tike Stock Exchange of Thailand the new shares would have a par value offive baht Other details would be deckled
        Reuters  -  99 words
      • Article
        Lock icon Achieva to sell Polycom products
        41 5 SINGAPORE'S Achieve Ltd, an electronics and Information technology products distributor, has signed an agreement with Polycom Inc to distribute the US company's interactive voice, video and data communications products through numerous channels in China.—Dow Jones Newswires
        41 words
      • Article
        Lock icon Managment changes at Informatics
        56 5 MAINBOARD-LISTED IT training company Informatics Holdings announced yesterday a shuffle of top positions and the appointment of outsider Cedric Chan as Its new president Its current president Ong Boon Kheng, will take over as chief executive officer from co-founder, WongTai, who becomes non-executive chairman and will
        56 words
      • Article
        Lock icon Apollo Ent posts 50% increase in loss
        137 5 APOLLO Enterprises yesterday said group loss worsened by 56 per cent to 16 million, as tuinotw dipped 22 per cent to $53.3 million for the year ended Dec 31,2001. Included was a provision of $1 minion for investment properties. The loss per share
        137 words
      • Article
        Lock icon Carsena Elliprid to chip venture
        66 5 Bloomberg [Singapore] Malaysian Pacific Industries Bhd, a chip assembler controlled by billionaire banker Quek Leng Chan, will sign an agreemenl on services on Thursday with a Singapore company. Fffltpsii T 4fd, which makes semlconriuctortosting 6QUlJ)fo6llt, BolCl ID SIAaOQ PT6BB liiviukuOu UHi TO© company will hold
        Bloomberg  -  66 words
    • Article, Illustration
      Lock icon Ho Bee close to buying DBS Finance Bldg
      569 5  -  Hie $680 psf price is the lowest for a freehold CBD office building in at least 10 years, say sources By Kalpana Rashiwala LISTED property group Ho Bee is close to inking a deal to buy DBS Finance Building for about 138
      569 words
    • Article
      Lock icon IPC unit Thinsoft's Hong Kong share offer My subscribed
      177 5 Dow Jones Newswires SINGAPORE LISTED IPC Corp yesterday said that all 125 million shares of its unit, Thinsoft Holdings Ltd, offered for its Hong Kong listing have been subscribed. The shares will be listed on the Growth Enterprise Market of the
      Dow Jones Newswires  -  177 words
    • Article
      Lock icon PSC parent in talks to sell partial stake
      276 7  -  Share price junps 15% as old rumour that Fairprke will hoy the firm resurfaces By 1 Teh Hooi Ling PROVISIONS Suppliers Corporation (PSC) yesterday said its substantial shareholder PSC Holdings is in preliminary discussions to sell part of its shareholding in the
      276 words
    • Article, Illustration
      Lock icon CK Tang's 9-month loss hits $10.5m
      236 7 DEPARTMENT store operator CK Tang—which is in a midst of a one-for-one rights issue said yesterday it suffered a net loss of $10.5 million in the nine months ended December. The retailer said its turnover was $131.7 million, but it incurred an operating loss
      FILE PHOTO  -  236 words
    • Article
      Lock icon Unisteel Technology's earnings jump 57%
      165 7 UNISTEEL Technology yesterday said its net profit for last year surged 56.9 per cent to $10.2 million. Turnover rose 21 per cent to $45.4 million due mainly to a 16.6 per cent growth in sales to $43.8 million from the group's fastening systems and surface
      165 words
    • Article
      Lock icon Keppel TatLee only a memory now
      246 7 KEPPEL Tat Lee Bank is now legally history. From yesterday, OCBC Bank and Keppel Tat Lee are legally and operationally one and all Keppel signage had been replaced with the OCBC Bank identity. With the legal merger, all the undertakings of Keppel Tat Lee
      246 words
    • Article
      Lock icon ST Telemedia, Hutchison won't raise their Global Crossing bid
      244 7 Reuters [HONG KONG] The would-be buyers of bankrupt telecoms carrier Global Crossing Ltd said yesterday they had no plans to sweeten their offer despite an alternative proposal put forth by a group of shareholders. Hong Kong-based ports-to-telecoms conglomerate Hutchison Whampoa Ltd
      Reuters  -  244 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      936 4 HOTEL NEGARA LIMITED (IncofpOTM In Vn Rtpubic of Sng^xM) ANNOUNCEMENT The Board of Directors of Hotel Negera Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER£OOI 2001 2000 80 8$ Turnover 12,615,202 12,270,561 2JI 'calmer* Income i 2*22 J2 Interest Income 234,448 151,900 54.33 Profit before income
      936 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      177 4 I J> m xB9H6*eLxi* hy ■■HS SMN Supported by: EUROMAP European Committee of XA project at AfFI- Machinery Manufacturers ASIAN Federation for the Plastics and ef Plastic Indus tiiai Rubber Industries Singapore Plastic Association of Japan Industry Association Plastics Machinery §|fffe *jjT Korea Plastic Mg|f TDB2SSL.F. Association Incorporating: International Trade
      177 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      355 4 tnTboMaMorof Ike CwvonlwAelCep.*# MkilhMakrcf VERTIMAIK m ITD pn VefuMary Liquid^ton) IIHIIHIMI"!!! «4rfrMWMaiMftH» Alan LidPuuiiAuory Conoid M»*hig of dw Memfcow of dw obovonomod Componi dUy commnod and hold at 132 A Tofet Afar Skoal Sinaapaw *****9 an 18 Febrvary 2002 <* 10.00 ojl, *e Special Rmotuiont Mi out Wow *ao poMod
      355 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      175 5 Seminar on Business Success in China, Post-WTO China's burgeoning pace of economic growth is expected to continue unabated, especially with its successful entry into the World Trade Organization. Business opportunities abound, but imperative to penetrating this potentially colossal market is an in-depth awareness of the risks, regulations and a host
      175 words
Page thumbnail Page 6
  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      297 6 OTHER StHQAPOWE INDICES Fab 25 VALUE CLOSE mmm -149.00 >73.00 ■ram -*****.00 103.00 ITIMtl -*****.00 -15.00 440.10 -5.13 144.74 -3.34 WpBwHi 1442.49 -29.05 451.07 -8.84 2oe.7i -3.06 IPC020C 26.105.CXX) Datapuise 5c 18.645,000 SembCorp Ind 25c 14.063.000 Strike W*****5 13.620.000 Beyootes 10c 12,962.000 PSC5C 13,567,000 SingTel 15c 10,601,000 WahShmg HKlc 9.688,000
      297 words
    • Article, Illustration
      Lock icon Look out for arbitrage opportunities for TPV Hldgs listed in HK, S'pore
      252 6  -  HOT STOCK/ WABHAMT By R Sivanithy ONE of the joys of the Singapore market is the frequency with which arbitrage opportunities present themselves. Thanks to the market's inefficiency, for instance, two identical assets can trade at significantly different
      252 words
    • Article, Illustration
      Lock icon A market all form and no substance?
      710 6  -  STOCKS r. sivanithy WHEN liquidity is abundant and momentum is upward, it's easy to view the glass as half-full. And that's just what happened in December and January, when analysts fell over themselves to call a "buy" on the local market. But now
      710 words
    • Article, Illustration
      Lock icon US$ slips back ahead of heavy week of news
      551 6  -  JHUihUJJUMMUI CURRENCIES Ten moves once again pivotal for Asian units' performance larry wee THE US dollar found the going tough yesterday despite Wall Street's stronger showing at the end of last week, and the yen recovered after hitting a 134.50 low
      Source: Reuters  -  551 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2438 6 UNIT TRUSTS FUNDS GMondS'poreA/S 1.204 MUUUiCUHHIIHl OMond S'pore B/t 1.22* Ob Money Sing Dollar ClaB 8 1X877/ AM AnroAont M|t 5'pore) Cm ParvFixop* Equity Fund 1SU Star Europe Eqtyt* 0.74V CiUSeiect Ml T* BAnod liW Star Europe Id o.» CitiSolect Am Tilt Growth 1 jr Star Europe Bal 0.844 CitiSelect
    2,438 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      46 7 An Ambience of Refreshing Originality With Price! *2 v*■ ?\*kv< r J >* wEr' >~. '^ffijE ft. >Lfcj: 'j l i^^&< m*. ti ijh&Lv ,jL .-*->< 8 sg 4ia-t I ,iAia its external cnargmg tne mm^WS^KKBRWRIUHIBHh^H If s just one of the ways we're getting a grip on a
      46 words
Page thumbnail Page 8
  • SINGAPORE news
    • Article
      Lock icon GIC unit pays US$42m for Shanghai office site
      248 8 THE Government of Singapore Investment Corporation's investment in China continues, with its property arm GIC Real Estate (GIC RE) paying US$42 million for a site at Pudong, Shanghai, on which it plans to develop a 70,000 sq m Class A office building.
      248 words
    • Article
      Lock icon Rosier forecasts for S'pore growth
      281 8  -  -By Anna Teo SALOMON Smith Barney has for the second time in two months—raised its forecast of Singapore's 2002 gross domestic product (GDP) growth. It now expects the economy to grow 3.3 per cent half a point higher than its forecast last month on account
      281 words
    • Article
      Lock icon Pinetree members endorse panel
      484 8  -  Pro-tem committee closer to making bid for dob's assets if it secures financing By Serena Ng THE pro-tem committee seeking to represent members of Pinetree Town Country Club in a bid for the club's property and assets was yesterday endorsed by the club's members at its
      484 words
    • Article
      Lock icon Aviation-repair set to grow: DPM Tan
      379 8  -  Reports by David Boey SINGAPORE'S aviation-re-pair sector is likely to grow as locally-based players expand and new operations start up here, Deputy Prime Minister and Defence Minister Tony Tan said yesterday. Dr Tan said that while the short-term outlook for the aviation sector is
      379 words
    • Article, Illustration
      Lock icon ST Elec in project to hone soldiers' hitting power
      372 8 SINGAPORE Technologies Electronics announced yesterday for the first-time its participation in a developmental project aimed at enhancing the ability of Singapore Armed Forces (SAF) soldiers to hunt and engage their targets. Dubbed the Futuristic Soldier System (FSS), the project is said
      WANG HUI FEN/ST  -  372 words
    • Article, Illustration
      Lock icon CBRE's Joyce Khor moving to regional position at GRA
      315 8  -  By Kalpana Rashiwala CB Richard Ellis's (CBRE) research and consultancy director Joyce Khor is moving to GRA Singapore to oversee regional research, sources have told BT. Ms Khor is the second research head at the property consultancy Arm to join GRA,
      FILE PHOTO  -  315 words
    • Article
      Lock icon Goodbye, TV Works; hello, Channel i
      304 8 The Straits Times SPH Media Works* TV Works is getting a new look and a new name this Sunday. It will be called Channel i, it was announced yesterday, heralding closer cooperation between the En-glish-language channel and its Mandarin counterpart, Channel U. Paul Chan,
      The Straits Times  -  304 words
    • Article
      Lock icon ISA Advisory Board to review JI cases
      220 8 THE ISA Advisory Board will review this week in the Supreme Court chambers of Justice Chao Hick Tin the cases of the 13 Jemaah Islam iyah members detained under the Internal Security Act (ISA) for terrorism-relat-ed activities. Appointed by the President in consultation
      220 words
    • Article
      Lock icon Singapore' new drones make public debut
      606 8 Mindef says the Ltlee can carry pilot and fly at 90,000 feet THE Chief Defence Scientist (CDS) at the Ministry of Defence (Mindef) yesterday released fresh details of the giant Lalee unmanned drone and two new unmanned aerial vehicles (UAVs) developed by Singapore Technologies
      606 words
  • Page 8 Advertisements
Page thumbnail Page 9
  • FOCUS property
    • Article, Illustration
      Lock icon Why the govt should consider option of closing down HDB
      547 9  -  BIU.1..I..U.U PROPERTY Board lias outlived Its usefalnoss and It costs a bomb to keep It going lee han shih THERE are compelling reasons why the government should radically review the role of the Housing and Development Board (HDB). Created 42
      547 words
    • Article
      Lock icon Chionh Chye Khye is new BCA chief exec
      137 9 THE Building and Construction Authority (BCA) will have a new chief executive from March 1 when current Housing and Development Board deputy chief executive Chionh Chye Khye takes over the job. Mr Chionh, 51, succeeds Tan Siong Leng, 50, who will become
      137 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      151 9 Where to wine, dine and entertain... ~t IMMoaal Im% Rcaatoa Pre-Lwur New Year Mfct Noagbaf MM wMi wttfc Yusbesif (7-10 Feb) tabeag (I I )m) Lunch: $25.80 (Adult). Lunch: 28.80 (Adult). 15.50 (Child) $17.59 (Child) Dinner: $26.80 (Adult). Dinner: $36.80 (Adult). $16.50 (Child) $22.50 (Child) TraflMoMi Lw> New ka (MlmjST**
      151 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      247 9 j um theßusineskTimes V H "TrITTITI Home-delivered on Saturdays If you read The Business Times daily in the office If you am an existing subscriber of The Straits and donl work on Saturdays, you can now have r im A t. The Business Times Weekend edition delivered to you can
      247 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 3
      22 9 fij MM ■ST' Spring Court The QUest Ckmae A Restaurant m p Smpipont jmc< 1929 488, Upp East Coast Road W: *****30/*****30
      22 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 4
      66 9 (OFFICE/WAREHOUSING/DISTRIBUTION/ PRODUCTION/SHOWROOM) Tek 344 20Q2 or visit our tale* office. ~53 Übi Avenue 1 Wl-TT HOME NEEDS m The Straits Times Classified. JS Classifications 90-120. Bay IL SdlL RndlL |v I r *1 1 ■BH 11 <"J% rang mahal Buffet lunch, Noon to 2Jopm Oinrnr 6Jopm to KX3opm (Closed for
      66 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 5
      324 9 (gjS) Jones Lang I WLASaus. I CLUNY COURT ciin I Mortgagee Side by Tender RsskJerrtial beveiopfnent Located at junction of OunyPirk I and Bukit Timah Roads Con«tJO*sfhopt,2rwtßorant» IS rPi >nd 10 ap rtment units NatHoorarea:43,734sf approx fiatailshops:3l,237sfapprox Apartmantx: from 107 sm to I FOR SALE BY TENDER ClMiMf Date: 21
      324 words
Page thumbnail Page 10
  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Independent judiciary in China? Nah...
      772 10  -  ■B'l'nMiillliH OPINION frank chlng The writer is a Hong Kong-based Journalist and commentator THE press conference held jointly by Presidents George W Bush and Jiang Zemin last Hmraday was primarily on the US-China bilateral relationship as well as North Korea, Iraq and Taiwan. But it
      772 words
    • Article
      Lock icon IN OTHER WORDS
      72 10 'All I can say with certainty is that none of these people is on our side.' -■QuLsfcmrt US army officer, on information from the Taliban prisoners in Guantanamo Bay in Cuba. There's absolutely no precedent in world history for this. So many evolutionary things have come to
      72 words
    • Article
      Lock icon Try a little kindness, like OCBC
      561 10 EDITORIAL Kudos must go to OCBC Bank for its unprecedented act of goodwill in extending staff insurance and concessionary loan benefits by a full year to some 1,000 employees who will be laid off in the weeks ahead. In something as unfortunate as retrenchment
      561 words
    • Article, Illustration
      Lock icon The end of earnings?
      807 10  -  Gash fltw is more aligned with hqdmm Sin^pnro accountants would do well to re-order the hierarchy if vital accenting information in corporate reporting By Paul Chan The writer isaßT senior correspondent SINCE the father of accounting, Luca Pacioli, published the first complete guide to accounting in
      AFP  -  807 words
    • Article
      Lock icon Taking a kinetic view of India
      1138 10  -  COMMENTARY Hi4»ergr«wtkaiKd poverty elimination are inseparable aspects of one task By Patrick Smith The writer is a farmer Bloomberg correspondent in Asia and the author of 'Japan: A Reinterpretation The opinions expressed are his own. Bloomberg [PUNE, India] You hear two sounds as you
      Bloomberg  -  1,138 words
Page thumbnail Page 11
  • Article, Illustration
    Lock icon FINANCE
    811 11 Transaction date: Feb 25 BTBttiWCEOMUTM a —1£ Utt WINli fn m WNifc Hm U 9k m% tm Hmt m 0J» 4299 0507 3592 um 4503 25X70 ***** QJ07 utO 1990 ovm <4m CM 1220 5.797 0.714 4.70. 1402 4505 30.593 ***** 0530 JS S U*3T2££5! l2 JS 2 2r
    811 words
  • REGIONAL news
    • Article, Illustration
      Lock icon MAS, Perwaja Steel being probed: Dr M
      496 11 LONDON Those responsible for any wrongdoing will face the consequences PRIME Minister Mahathir Mohamad said on Sunday that there could have been misappropriation of funds and mismanagement at Perwaja Steel and Malaysia Airlines (MAS), both of which had recorded hefty losses, the New
      AFP FILE PHOTO  -  496 words
    • Article
      Lock icon MISC eyes stake in India's SCI
      209 11 KUALA LUMPUR Bloomberg MALAYSIA International Shipping Corp (MISC), South-east Asia's largest shipper, said it plans to bid for a stake in Shipping Corporation of India (SCI), the country's biggest shipping line, to boost revenue by tapping new markets. The company has "submitted an expression
      Bloomberg  -  209 words
    • Article
      Lock icon Reclamation is within S'pore waters: MFA
      113 12 SINGAPORE THE Singapore government said yesterday that the land reclamation works that it carries out are done within Singapore's own territorial waters. "We have informed the Malaysian government that the land reclamation works are carried out by Singapore entirely within our own territorial waters.
      113 words
    • Article
      Lock icon Foreigners sell S-E Asia stocks on Calpers move
      385 12 BANGKOK They were net sellers in Thailand, Philippines and Indonesia last week Bloomberg FOREIGNERS sold more stocks than they bought in Thailand and the Philippines last week for the first time this year after the largest US pension fund said it would
      Bloomberg  -  385 words
    • Article
      Lock icon Malaysia may launch US$500m bond issue
      341 12 HONGKONG Reuters MALAYSIA has mandated Morgan Stanley and ÜBS Warburg to sell US$5OO million of sovereign bonds with a maturity of up to 10 years as part of its efforts to maintain its yield curve, sources said yesterday. "It's going to be at least
      Reuters  -  341 words
    • NOTE Book
      • Article
        Lock icon Sinar Mas pledged assets fall short
        100 12 Reuters [JAKARTA] 11m Indonesian Bank Raatroctnitag Agency (Ibra) yesterday said there was an indication the value of the aaeets the Sinar MM Group had pMpd to ceieer Its debts wa» leas than required. Karty last year the agency signed a complicated deal which guaranteed
        Reuters  -  100 words
      • Article, Illustration
        Lock icon Habivle witases in graft case
        62 12 AP (JAKARTA) Prooecutore queetioned former Indonesian presidnUl J Habibie (right) yesterday as a witnses ins massive graft scandal that threatens to destroy the party that ruled Indonesia for SS years. Akbar Tantflung, Mr Habibie's former .cabinet aacretcy and Cbe cmieut ptfliSlDflltHry is ACCQBOd of oiobcQliu^
        AP  -  62 words
      • Article
        Lock icon HK banks double card write-off rate
        89 12 Bloomberg [HONG KONG) Hong Kong banks more than doubled the rate they wrote off credit card debt in JOOl as the economy slowed tosero growth, increasing the number ofhankruptclsa. HSBC Holdings Ffc, Bank of China (Hong Kong) ami other landers increaaad the rate of
        Bloomberg  -  89 words
      • Article
        Lock icon StanChart eyes 2002 HK listing
        70 12 Reuters [HONG KONG] Standard Charters* said yesterday that it wanted to launch a Hong Kong ttatiof in Mtt, but did not want to dilute return on equity for the bank's sharahoidsrs. The London4isted bank said last year it would eeD 5 per cent of its
        Reuters  -  70 words
      • Article
        Lock icon KL to sign MOU with Japan bank
        35 12 Dow Jones Newswires [KUAlJkUJMPUßlThel4alay»lan>ovenm>^b Btjtflthd ffl inawwT^aiif^un with the Japan Bank tor lulu neiheml Cooperation tor over US$4OO million In loans today. a source aaid yeeterday.—Dow Jones Newswires
        Dow Jones Newswires  -  35 words
    • Article
      Lock icon India's Wipro starts HK operations
      414 13  -  Software firm hopes to gain experience before moving into China market From. Andrea Tan tn Hong Kong INDIA'S IT giant Wipro Ltd yesterday announced the launch of its Hong Kong operations, as it positions itself to enter the Chinesespeaking market. Wipro Infotech president Suresh Vaswani
      414 words
    • Article, Illustration
      Lock icon China tightens rules for delisting of companies
      320 13 SHANGHAI Dow Jones Newswires CHINA'S stock exchanges yesterday issued rules for the delisting criteria for chronicaUy unprofitable companies as well as stricter requirements for their trading resumption. Based on their notices, companies with two consecutive years of losses will be suspended for six
      Dow Jones Newswires; AFP FILE PHOTO  -  320 words
    • Article, Illustration
      Lock icon A nation challenged by the ulama
      1030 13  -  WRITER S JOURNAL The feee-offwttti Sve writers Is a crucial test for Malaysia. karim raslan THE Persatuan Ulama Malaysia (PUM) or Association of Islamic Scholars of Malaysia recently submitted a memorandum to the chairman of the Council of Rulers against two newspaper columnists and
      1,030 words
  • Article
    Lock icon COMMODITIES
    1470 11 noMnmnw Feb 25 1 "> m im SS MSZ Mar 02 H3L79 Apr 02 M.79 U«V 02 RS Jm02 05.75 09SI<K<aatfl» lew Se« (SSS OMnS Mr02 H2S 925 Apr 02 62J0 62.50 62.00 SO 2290 fir 02 62.50 SS 6225 SO 025 JW(» 62.50 62.50 SO 2325 Biwwitulp y»
    1,470 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      44 12 Bplft m Bf?* -air '■HsfSH 2*r r «*SBH sP*ffijlWß h&mR&M ~P\ v.: "•irJJUwWMllffffkr 4S2^. „il": ~"»-f Pil <^fWSMHEK&£ >...■?&*■- Tr#rttiiiirfayi>Mitriiii rifr' -»*?s3ll^Mrer "^BßgSwPgBHMK»-^^- 1 llfrfil il? Local, foreign or business news. Get them fast in Streats, the preferred paper that is "sold out" every morning.
      44 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      301 12 i mi——— A oticcs ifc-'r; a xr'-l IN THE MATTER OF THE COMPANIES ACT. CAP. 50 IN THE MATTES OF 1) Q-aMr Pit Ltd (Incorporated *Tw»oi|ii (In Memben' Vbiuncvy Liquidation) 2) HimlhWiLH (Inuapuialed in Singapore) (la Members' Voluntary Liquidation) Al an Extraordinary General Meeting of Mfti of the C ompanies
      301 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 3
      426 12 IN THE MATTES Or THE COMPANBS ACT, CAP. 98 AND hMaJ^lih^'wLk Al an En inordinary General Meeting of die Coaapaay held al 24 Raffles Place •23-068. Clifford Centre. Siagapore 0*8621 oa die 23th day of Fcbruaty 2002, the following Special aad Ordinary Retofaboat vac pitted: 1. Thai the Company be
      426 words
Page thumbnail Page 13
  • Article
    Lock icon STOCKS ASIA
    4014 13 Transaction date: Feb 25 for more, go to iimrwuisiaonenmarketsjoom HONGKONG KGA*. 0.53 -0.03 ***** M MmMntHMgi 559 001 <040 *t- tm tMrionn Ceramics.... 0.02 mti ***** 7 T I miH«*o»A4to 1J5 -054 2586 AcroaAMltaMmadte 0.47 unch 0 iRegentGroup 0.14 uich 2530 Ajpha General 553 unch M50 JCGHoWingi 455
    4,014 words
Page thumbnail Page 14
  • WORLD news
    • Article, Illustration
      Lock icon Japan's Jan exports growth hit 2-year high
      597 14 TOKYO US orders up, yen sMes, Bg—ning that shorter recession is possible Bloomberg JAPAN'S exports rose last month at the fastest pace in two years as US orders rebounded and the yen weakened, a sign that rising overseas demand for Japanese goods may
      Bloomberg; Source: Reuters  -  597 words
    • WORLD Watch
      • Article
        Lock icon Global Crossing offers cash to staff
        83 14 AFX [MADISON, New Jersey] Global Crossing Ltd said it is ofltering cash severance packages to US-based employees who voluntarily agree by tomorrow to leave the company's payroll. Payments will be based on salary grade and length of service* it said. Meanwhile, lawyers repreeontingOfobal Crossing's
        AFX  -  83 words
      • Article
        Lock icon Branson sells 55% of Virgin club
        55 14 Bloomberg [LONDON] Richard Branson's Virgin Group sold a 55 per cent stake in its Virgin Active health club chain to private equity company Bridgeport Capital for £110 million (***** million) to fund expansion. Virgin win retain a 87 per cent interest and management g
        Bloomberg  -  55 words
      • Article
        Lock icon Shareholder suits dismissed:Tyco
        33 14 Reuters EPBMBHOP, nuiiwgiia^ Tyco International yesterday said a United States (BSrtct rrmrt htwl illihilmmhl ilini almlihi against the company and some of its officers and directors under federal securities law.—Reuters
        Reuters  -  33 words
      • Article
        Lock icon US home sales hit record in January
        56 14 Reuters [WASHINGTON] Sales of US existing homes soared by a record 1&2 per cent in January to a BlHiUPal WWW pareonAlmflrf »TV< pilyMmrifaig the National Association of Realtors said yesterday. Previously owned homes eclipsed the previous record— a seasonally adjusted annualised pace of
        Reuters  -  56 words
      • Article
        Lock icon IBM makes fastest computer chips
        67 14 AFP [SAN FRANCISCO] IBM yesterday announced it has manufactured the world'sfsstset ssmtoonductor circuit It said it has created a circuit that can operate at speeds of 110 GigaHertx. Currently, computer chips work at the 1.5 GHz levaL The new chips use new materials called M
        AFP  -  67 words
    • Article
      Lock icon White House guns for corporate top brass
      376 14 NEW YORK Reuters, AP THE Bush administration is exploring ways to make it easier to punish corporate officers and directors accused of misleading shareholders, even if an executive does not commit outright fraud, the Wall Street Journal reported yesterday. "One of the things
      Reuters,; AP  -  376 words
    • Article
      Lock icon Andersen partners jumping ship
      235 14 HOUSTON Bloomberg HUNDREDS of Andersen partners have explored the possibility of quitting, concerned lawsuits stemming from the collapse of the firm's former client, Enron Corp, may wipe out the value of their stake in the fifth-larg-est accounting firm, an executive recruiter said. "We've never seen this
      Bloomberg  -  235 words
    • Article
      Lock icon Citibank to probe Rusnak link
      333 14 LONDON AFX. Reuters CITIBANK is to investigate allegations that John Rusnak, the currency trader accused of defrauding Allied Irish Banks pic, colluded with one of its own currency dealers, the Financial Times reported yesterday, citing the company. The move is in response to a report
      AFX.; Reuters  -  333 words
    • Article
      Lock icon Head of Internet body recommends major revamp
      422 15 NEW YORK It calls for govts to nominate one-third of its board AP. Reuters THE president of the Internet's oversight body has recommended a major restructuring, saying the goal of leaving the Net in private hands has proven unworkable. The new structure calls
      AP.; Reuters  -  422 words
  • Article
    Lock icon KLSE
    2088 14 Transaction date: Feb 25 KUALA LUMPUR °J» u FmttNNW MO inch 4 M nS nw us 445 a FWMuM 041 -0.06 41 iX*" ;g S5 its 7 ACPMMta 3.U -OJB m ]m -O.O6 19 Advance Synergy 054 -001 91 'J* "JM" Jf AMnHoUna .430 -001 107 GwalCon AM -0.03
    2,088 words
  • Article
    Lock icon SGX
    618 14 I i Transaction date: Feb 25 ia-.aialir ii« Sbft. a as. js S?* 1 a S as oat** tt» mat Mt mssc Mi Si MtfMUUk Ml MB -tOD Mtlfc OM MM Ml OMDrfllk 0J3 DM 4fi VM Til 71JB0 -AIM a is as ||3 nMWtt «S JS5 «S5 MMtrNt'
    618 words
  • Article
    Lock icon BONDS & WARRANTS
    598 14 BONDS WARRANTS lot <MC—» tar *Mk fc*a o fW»li M» %Im*| Ufc AST1W040C21 as 1 It 20 140 2S AawUdWmilM IS 1 SO 435 250 33 AmMkWOSOOM 405 -15 <0 1 31 1 1J0 40 AwHmgW40S2Q 43 05 44 1 10 30 133 27 AaiaFoodPlMB0712 05 1 MO 2120 1S50
    598 words
Page thumbnail Page 15
  • Article
    Lock icon SGX MAINBOARD
    5243 15 Transaction date: Feb 25 fbr live prices, log on to umwxisiaonernarketsxxm SMI UN M Day liqmn Ml* Mr *VM MM Ka «IA>| I— (mmmt «a W- PMM tear —wr M» Cw P« >3 M» J ABNAmroMlG 56c 9 14 139 22.5 15 c ACE Dyn»r»ci20c 12 12 0.3
    5,243 words
  • Article
    Lock icon SGX XTRANET
    30 15 ■g* 1 T-. a a* 1 ara-a 11M BIO t Dumondl US9900 MO WO s SDJlATadi UMI70 MO MOtSMJOSpow USSH laaomtRsvsoo usnaao ***** WSO i VMS US WHO
    30 words
  • Article
    Lock icon SGX SESDAQ
    1276 15 u» Ml r*m m+ i—> **m cw m «a >55 J" J*'**""*** ■""flu s ii u 11 bj ti 415 tlcAFOISc Its 173 19 4.7 I4J 11 52 2 1» 505 4S5 90 SQ5 10 Iff 2 72 65.7 51 51 M C Ail I My 20c 3U
    1,276 words
  • Article
    Lock icon CLOB INTERNATIONAL
    320 15 JM» IM tM M| IIQMi Ml* Mr WH M WCm I— ri«|ii) u*i W- M I— Mhf CW Wi «a 1»0 AVJamngi A25c A O t1 40 14 12 44 17M Ca#W)fF»c20cMK. 720 265 2.1 74 6 *****2 ChaungKongSOcHK. 17*0 W U U I 4M63 e 45 CMyt-MuttomUHK..
    320 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      172 15 CKVPTIC UHOSSWORP make Itl,r>ss Datat 8 Habitual criminal makes (or Across: 1 Deposit. 5 Palaver 9 26 Takesashotatdeooysm SStiEfcEZSiS c 2f h9V f" ey 10 Roac 11 13 Quite vain, to be blunt (9) Epidermal, 12 Adsorbate 14 DOWN 14 It adds zest to meals for saM- Crony, 15 Unfed,
      172 words
Page thumbnail Page 16
  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Ecology and successful innovation
      1103 16  -  Resource-scarce Singapore needs a novel approach to creativity and entrepreneurship, says Patrick PATRICK LAMBE The writer is founder of Straits Knowledge (www.straitsknowledge.com), a research and consulting practice based in Singapore, focused on knowledge management, innovation and e-learning. I SPENT the last few months of 2001 in
      1,103 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      56 16 *-"> x -r kj£ '\\s& J iJ? »W>KWWffiwt ♦r_"itti#w®J'Wl(^%-wMOi' lßMWiipß®# "flMt Jfcp :> j*>i > *^JL?.♦' &IM'JhiJL*~. 'v**y%~ r^payrc^yMPiw^g^i^Bp^qiag^M^ay^oi«t.Nt-a>|'^»sB^, SSg wity 4% >; ;|k v? v >& f V %telS^&Br.f >yv< T'V»t 1' ?<** "I"*'' f 'Jf" j-^-'^ "*f^jj»f:' %iiitnp|i^<^oMptfylKMlH^N^-KPP^. Register NOW. Only US$l5O.OO for TWO days. Go to www.iMxtachasia.com
      56 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      196 16 Harness the Power of Projects Project managers need to gain a broader functional and strategic perspective to enable them to better define project scope and managr the achievement of business benefits through multi skilled project teams and flexible management practices.The Henley MBA in Project Management enables such competences to be
      196 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      312 16 ■wiriw i ii itctt IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF AC-MARCOM COMPUTER SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50, the Final Meeting of
      312 words
Page thumbnail Page 17
  • Investment Fund Awards
    • Article, Illustration
      Lock icon Playing the recovery
      219 17  -  Serena Ng ingapore's retail fund management industry has come under much scrutiny over the past two years* with poor market perm formance being just one of many hurdles managers have had to deal with. Small fundi with high expense ratios, investors buying into some alluring sector/fund only
      219 words
    • Article, Illustration
      Lock icon Quietly at work behind the scenes
      1233 17  -  Imas president Daniel Chan tells snmA mc what steps have been taken to raise the level of professionalism in the industry SERENA NG THE Investment Managers Association of Singapore (Imas) may appear to ha ve been very quiet on the public front over the
      ARTHUR LEE  -  1,233 words
    • Article, Illustration
      Lock icon Riding the Singapore recovery
      1074 18  -  The STI has made a nice rebound from its September tows. How much more upside is there? vasu mhoim asks some fund managers VASU MENON The writer is chiefeditor& flnatiQ SINGAPORE stocks are back in vogue and have become a favourite with global fund managers, in
      1,074 words
    • Article
      Lock icon Why Asian markets will shine again
      948 18  -  By LIM CHUNG CHUN The writer is the chairman and founder qf Fundsupermart.com FOR most investors of Asian equity markets, the last eight years have been deeply disappointing. Almost all the equity markets showed negative returns between end-1993 and end-2001. This was despite the
      948 words
    • Article, Illustration
      Lock icon A better year for economies and equities
      943 20  -  Expect a global upswing that will favour Asia's stock markets, shame Oliver outlines the main themes for 2002, and offers some recommendations on global asset allocation SHANE OLIVER Shane Oliver is chief economist Asia-Pacific, Henderson Global Investors THE year 2001 reminded us that
      REUTERS  -  943 words
    • Article, Illustration
      Lock icon Renewed optimism in technology stocks
      946 21  -  Although tech companies have been sending out mixed signals, Franklin Advisers portfolio manager Christopher Grisanti tells serenaMG that ne sees a brighter 2002 for the sector SERENA NG THE painful bursting of the high-tech bubble in 2000 will be remembered by investors for many years
      946 words
    • Article, Illustration
      Lock icon Sleep better with index funds
      1078 24  -  pieter van putten explores the benefits of this minimal-expense alternative to actively managed funds PIETER VAN PUTTEN Pieter van Putten is managing director of Commerzbank Asset Management Asia HIGHLY volatile stockmarkets over the past two years and mixed fund performances over this period have probably
      1,078 words
    • Article, Illustration
      Lock icon Time to turn up the volume
      1746 25 We reproduce below the keynote speech made by Ng Kok Song, managing director of the Government of Singapore Investment Corporation, at the Investment Fund Awards dinner on Feb 22 "SIX years ago, Business Times inaugurated this annual investment fund awards. At that time, our
      ARTHUR LEE  -  1,746 words
    • Article, Illustration
      Lock icon Outlook for global bonds
      1087 25  -  By TAY SOO HOW Tay Soo How is head of fixed income, Citigroup Asset Management in Singapore BONDS have had quite a spectacular run in 2000 and 2001, outperforming equities for two consecutive years. They rallied against the backdrop of 11 Fed interest rate cuts, a
      AFP  -  1,087 words
    • Article, Illustration
      Lock icon Asset allocation in financial planning
      1388 26  -  Joseph chomg identifies five main considerations that financial planners use when devising an allocation strategy for their clients JOSEPH CHONG Joseph Chong is managing director, New Independent Financial Planning GLOBAL capital markets over the last five years have been extraordinarily volatile, and during this period
      1,388 words
    • Article, Illustration
      Lock icon CPF: No radical reforms needed, just some tweaking
      1887 27  -  Paying higher yields on surplus funds lying idle in the CPF could be the simple solution to enhancing retirement savings, argues tan keng hock TAN KENG HOCK The writer works in Schroders Investment Management (Singapore) Limited but the views expressed here are
      FIL PHOTO  -  1,887 words
    • Article
      Lock icon Looking forward to a better year ahead
      828 27  -  By SERENA NG THE continued volatility of global stockmarkets for the most part of 2001 following their lacklustre performance in 2000 disappointed many retail investors in Singapore who had hoped that one bad year for markets wouldn't follow another. However, fund managers say
      828 words
  • Page 17 Advertisements
Page thumbnail Page 18
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      165 19 Once again, a head above others. A.. VJUF V OOVETT ASIA PACIFIC GROWTH FUND Wins EQUITY FAR EAST PACIFIC FUND OVER 1 YEAR" Award by Standard Poor's x The clinching of the award is a marked testimony to the prowess of the investment team at AIB Govett. Spearheaded O O
      165 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      243 20 vsmKnn \MIHML Sfilfei^S- a 5 Jp i 4 Chinese lettuce mtk < fr^Pi^fc symbolic of growing fortune. jflffi|{n& L fen iii.ii* VHI v f Grow wealth. '^B| With as little as $1,000 you can invest in a wide range of unit trusts with Maybank. Enjoy a promotional discount of up
      243 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      646 21 m m K jBI #f&'J?pMwm I (W^ I VKjf industries are seen as the catalysts. Taiwan continues to Technology Fund provides the right supplement to your benefit from outsourcing by global technology players. Asian investments. CIVCG FWt Stste CMG Fhit SMb Asia-Pacific Growth Faad Asia i—wi- a Trrfc«ni»|j Fu4 Singapore
      646 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      136 22 2001 INVESTMENT FUND AWARDS Standard Chartered Bank, together with The Business Times and Reuters, is proud to present the Investment Fund Awards cS^Tn! 6 6 ri 9 th6 J eBt -P erfo,Tnin 9 Singapore. These award-winning funds, as distributed by Standard I Chartered Bank, were selected for their consistent and
      136 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      273 23 Billla i i Mmm ESiiSIl I WB&i m&Sm 1 i WKm Il©w3l HPS V Wmrn ifiwfSl V Wmm J- l|g|igra The right time is now Pick from over 200 top-performers At Standard Chartered, we believe that the best Standard Chartered will help you pick the best funds opportunities should be
      273 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      128 24 n g round Often the key to smart investing is looking beyond traditional horizons and seeing the bigger picture. Seeing the world as a whole and finding the best way to work within it. At Henderson Global Investors, we team global expertise and local knowledge to uncover the best investment
      128 words
Page thumbnail Page 25
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      495 26 The return of your initial investment and the potential or any projected capital gain* are not guaranteed by HSRC Asset Management (Singapore) Limited {'the Manager") or The Hongkong and Shanghai Banking Corporation Limited ("the Bank"). They are dependent on the underlying sub-funds whose capital protection and index growth are dependent
      495 words
Page thumbnail Page 27
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      270 28 Investing with Schroders is once again a win win win win win situation. M 9 i > .<• r -r.~ ««r t-» **> f p It was no easy feat, but we did it again. Schroders once again emerged a big winner at both the prestigious Investment Fund Awards 2001
      270 words
Page thumbnail Page 29
  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      256 29 Reuters THE Baltic Dry Index (BDI) rose 17 points to 1,009, the Baltic Panamax Index (BPI) gained 10 points to 1,029, the Baltic Handymax Index (BHI) firmed 28 points to 6,610 and the Baltic Capesize Index (BCD was up 36 points to 1,261. ♦Nightwhisper (built 1965) 172,428 dwt
      Reuters  -  256 words
    • Article
      Lock icon MARITIME STOCKS
      228 29 Nta n v- w CWTDMributaft OM Midi 0 ci»nt» o4i -aoi «7o Cmiimwwi-OiJ -aa rrMNiMu aor Men zio fitlSMip OM MRU 0 WCHH*««e-HK—340 undi 0 Jl|llllf m Ol21 -001 U74 IWCn 3.96 -002 4«91 0-20 MCk MS o2 oS «So m>*n> 034 unch 0 wot I, in -003
      228 words
    • Article, Illustration
      Lock icon Star Cruises chalks up narrower Y2001 loss
      484 29  -  Net loss was just USsB.4m despite 47% dive in operating income By Beth Jinks [SINGAPORE] Malaysia's Star Cruises Group recorded a narrower US$B.4 million net loss in 2001 compared with its U5529.6 million loss in 2000, despite a massive 47 per cent dive
      FILE PHOTO  -  484 words
    • Article
      Lock icon Alliance to revamp Asia-Europe services
      388 29  -  New World slashing two major services, upgrading 3 more By Donald Urquhart [SINGAPORE] The New World Alliance (TNWA) has announced a shake-up of its Asia-Europe services including a move to slash nearly 20 per cent of its capacity on that trade. The alliance comprising APL,
      388 words
    • Article
      Lock icon S Net Freight sets up operations in Japan
      161 29 [SINGAPORE] Homegrown global freight transportation company S Net Freight officially began its own operations in Japan this month a big step in its global expansion plans. Launched officially in April 2001, S Net is in partnership with Singapore Post, and is its
      161 words
    • US port security
      • Article, Illustration
        Lock icon Working to overcome terrorist threat
        952 30 At seaports along the US coast, port officials and security experts are working together to improve security and boost checks on containers NYT f SAVANNAH] COULD a terrorist bomb get through the port in Savannah hidden in one of the more than 800,000 cargo containers
        NYT; FILE PHOTO  -  952 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      123 30 PACE Fuh« 4 Apptnshw S ft*™ 4 ka t CcflMrtrm 4 B'taaqkUs 6 Hanqi 6 CMACGM 3 Hyundai 4 COSCO 3 Hcunq-A 3 Columbus 6 Mkhu 5 CmMEI 6 |Ba 5 a,ta,a 5 KiMHun, ,0 4 t CVTGttwfcnk 6 KMTC 3 OHnus 4 t Liner 5 Oanqninu
      123 words
    • Article
      Lock icon SHIPPING GUIDE
      9881 35 THEBUSINESSTIMES EXPORT CTA ETA Advartlsar VMM Voyaga Taiaphona ETA ETA AdvartNar Vassal Voyaga Taiaphona SIN Dast'n Nama Nam* Numbar Numbar SIN Daafn Nama N«na Numbar Number (7/0} 20/03 Dongnama SEABOXER 201S 49-*****11 lb ABIDJAN (ABJ) 2003 Cote D*lvoira BINTULU <BTU) 20S1 Malaysia 06/03 09/04 COSCO EMPRESS HEAVEN AM*
      9,881 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        703 37 M x Afc i ,L I 1 .A II fissn toy no imi hi Arm* iwptntirv JM|M M4NSUM *****8 JB 23/02/TJS 25/02/T7JO OCEANMBE 2 JB 23/02/K20 29/02/2300 crystal ace oom jos 29/02/700 24/02/000 MNSTAR1 22S02 J03 29/02/100 23/02/2200 MYSNATER1B K20S3 J02 29/02/W0 23/02/2200 OMNMMMLBA JM20I J02 29/02/BOO 23/02/2359
        703 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1787 37 RECETYWC Or EXPOtT FCt COWT/UWEtS AMP LCt CAMP SMP »or Wo EtWtr Nrtod Fw *a mmscus ota 2t/*oo 2vboo 2 v*w 2 vim 24/ttoo 2VO»W 25/owe 2* 2VI700 2VM9* MM 1 2W0C 25/TO 25/W0C 4 25/1200 2VMM 25/1700 M3HMMLU 04T» 2V2J-00 24/1500 2VHM MM a 2VTT00 2V04W 25/0*00
        1,787 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        189 37 Taiwan: Memorial Day Malaysia: Islamic New Year (Awal Muharram) Brunei- Islamic New Year (Awal Muharram) Indonesia: Islamic New Year (Awal Muharram) Japan: Vernal Equinox Day Singapore: Good Friday Australia: Good Friday Canada: Good Friday France: Good Friday Germany: Good Friday Hong Kong: Good Friday Indonesia: Good Friday New
        189 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        749 37 THIS report, compiled by Cockett Marine Oil Ltd. show* price range* in US dollar* instead of tingle price* for a mere comprehensive description of the marketPrice* shown are baaed on averagesized slm 11 Market movements are indicated. The Cockett Bunker Price Index change and the individual
        749 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        440 37 C»M* SO Mm 9M.9 OlS IO 0.09 55 0X4 310 AM 902J OJ a7 0.06 25 0.02 ban MO Mm 99U 0.4 M.1 0.07 55 0.04 wn 9Mfi »Mi WW —Im M» Mow 635 1 0 0 0 0 0 BO/Omc LMNs S#k E25 Ml L0
        440 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon BA promises not to sell its stake, says Qantas chief
        618 38 Aussie carrier sees room for only two airlines in domestic market AP. Reuters [CANBERRA] British Airways has promised not to sell its 22 per cent stake in the Australian flag carrier, Qantas Airways, said Qantas chief executive Geoff Dixon. "They're
        AP.; Reuters  -  618 words
      • Article
        Lock icon Sydney airport sale may resume next month
        222 38 Bloomberg [CANBERRA] The As 4 billion (553.76 billion) sale of Sydney Airports Corp will be revived within weeks, a spokeswoman for Finance Minister Nick Minchin said. The sale, which has attracted three bidders, could resume in March, Mr Minchin's spokeswoman Jen Eddy said.
        Bloomberg  -  222 words
      • Article, Illustration
        Lock icon Analysts raise doubts over Ansett takeover
        508 38 They say Tesna still lacks funding, operating deals Beuters [SYDNEY] Pressure mounted on the planned buyers of failed airline Ansett Australia yesterday, after a crucial merger deal with Richard Branson's Virgin Blue fell through just days before the final sale deadline. Sources close to
        Beuters; AFP  -  508 words
      • Article
        Lock icon Berlin seeks EC nod to aid Lufthansa
        165 38 AFP [BERLIN] The German government said it would apply to the European Commission for permission to compensate national carrier Lufthansa for the losses it suffered in the immediate aftermath of the terrorist attacks of Sept 11. "We'are preparing to notify the European Commission,"
        AFP  -  165 words
      • Article
        Lock icon S'pore, China to expand air services
        161 38 [SINGAPORE] Singapore and China signed an air services agreement to expand links between the two countries, the Civil Aviation Authority of Singapore (CAAS) said. The memorandum of understanding would allow capacity for passenger services to increase by 75 per cent and cargo services by
        161 words
      • Article, Illustration
        Lock icon EADS seeks to team up with ST Engineering
        454 38  -  Group aims for greater balance between defence-related businesses and Airbus nnit By Donald Urquhart [SINGAPORE] Europe's largest aerospace company, the European Aeronautic, Defense Space Co (EADS). said yesterday it is looking to partner ST Engineering as it seeks to expand its defence
        454 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1694 38 ****** 1700 M730S 2250 S0200T 1700 OPS 2250 OTV nun ru nan rTB U7)0i 825 um%3 IBO CnT rutHT uA rUtlfl Of 2350 iMMt LM9T70 2230 LH779 2399 MP* a» ****** 2359 »whrtw S02J 0625 6*974 OQO MMW W «U37 845 ua 2300 ft—*a SOW* 1550
        1,694 words
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      20 29 BA promises not to sell its stake: Qantas chief B«ick Pi; MB US ports working to overcome terrorist threat P«2
      20 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      381 29 people mmnm Supply chain manaaament APL won thi «»p two customer Exel hat appointed s f Rlaz Molz at dlractor awards for both the for Malaysia east and westbound Formerly with trade lanes to the SinoaDore Airlines in US and Europ€ P resented b V the Institute of rolesMudZa" Chartere
      381 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      398 30 NORTH AMERICA lf~|l WW""™ SUB-CONTINENT I m w» f rasa ~vot iu mm a «!Z f5 «i nm nm a/t> OOQCMWMU 1 ****** 27/n 10/tt ■MWCUBW Ml U/*l n/n U/U J WVk VHO 5X 07/01 00/U 17/01 «g 1 m s*v wot htc rrj KUWAIT, BAHRAIN t DAMMAN VIA JEMI
      398 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      520 30 tn ll Mmt*r»<rf#»fagßlryof Meneerso*M UBHI AcawW Shipping Aganh, Singapore Logithcs NgjMjy Singapore Shipping Awocialion Attocirtion istim-MMX [vessel voy Ira ra rim P. KLAMG SKNti RAII j EmprtM lily VPIO2 25/02 26/02 07/03 Princess lily V 0302 13/03 U/03 21/03 Empress lily V 0202 29/03 30/03 07/04 i Ss§ ■Jlj 1
      520 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      984 31 TO USA (SAX SERVICE) VESSEL HOT JlEtt UI (Ml Ml HN CM (01 IU Ml NTC AW HOLLAND 104E 27/97 14/03 It/03 19/03 19/03 19/03 20/03 19/03 21/03 11/83 Aft ENGLAND IMI 06/03 21/13 2S/03 25/03 25/03 25/03 26/13 2S/03 27/03 27/03 API CANADA 1031 13/03 20/03 02/04 02/04 02/04
      984 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 2
      1782 31 J? It BOffM T/TtSSMHS MtlK GENEIAL AGOITS M SMGAPOtf: *010*0600 K* *12-** SAUS/KGS TEL 42*5*57/43 FAX: 23*5321/71 THI"T' ff"TT 1 MSftCUMM TEL *7-353*1** FAX: 17-*****71 COSTU SHIPMN6 PTE ITD SHGVOHMMI OUTWOO(I/U 4NSIII 23*5315/75 POTUANG 1H1133U3 03-**233**s nV II7I7MMM« fH: 224 IWO (MAM) MWAKD (0/0) 42*571* 23*5314/44 KNANG *4-2****** *4-2*273* T/SMPDOT
      1,782 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      990 32 HMNE* HYUNDAIMERCHAhITMARIN^OjJLTD^^^^ w ww|Blb»l«|»m|m|nmm m~\ Iwna |wr [sou lit m\ m m m mtmomss sssw 11/w n/n v/v w/n n/u »£> gg »/•> |i/n Him ww is/w M/w n/u mm 07/u J5 *2! M 5 ■OHMS S4W IS/H M/U 00/U M/M OS/W JJ/JJ »£J ntumit WW M/n 11/u M/n 07/n
      990 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 2
      680 32 j*s 5! m m ua i—r m rnamss JS3A sua M /oi 21/02 o?/oi stt 2S/02 11/11 03/03 SSA 11/03 00/03 14/ M It/03 g/03 20/03 24/03 a/03 "l/w 04/03 04/ M 27/02 23/03 ?s/03 a/w" ™V" JJ"! THOtMKOMY 1/92 14/03 10/03 04/03 30/03 07/04 03/04 THOtSa 3/01 24/03 IS/03
      680 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 3
      455 32 m MM MXEPTM TO ALL MRINM MB MNBM CO MOTS HI TO COOB. TUTHMH Hi COUMM A MMU MRA MRU am BUUMQMB mm 818 I B 1W MB USBB MMfllM W mu som" 4«m ib iib mb mi mm —MM HIM W> WOW WC Mi lIM ISM It Ml MB
      455 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      1542 33 IVtSSII VOY KHH HOCO HW MO. PXO Ml PMM —t MV UNDAVIA PCL-240 23/02 27/02 02/03 ***** T6765 11/03 13/03 13/03 MAN KBtMAN PCL-249 04/03 06/03 09/03 10/03 17/03 It/03 20/03 22/03 WAN ISFAHAN PCL-250 11/03 13/03 16/03 17/03 24/03 25/03 27/03 29/03 MAN HOOMOZOAN PCL-251 13/03 20/03 23/03 24/03
      1,542 words
    • Advertisement
      Lock icon Page 33 Advertisements Column 2
      366 33 UK CONTINENT SERVICE Loodingtor I KAN SEPAT RDM/ATW/BMN/UK/LPL OCEAN ISLAND RDM/ATW/BMNAJK/LPL Lootf Sfciflaporo. EM. Indono— MIDDLE-EAST SERVICE Loodingtor CORAU DBI/ABU/DOH/BRN/DMM/KWT JIN SHUN HOOEIDAH/JEDOAH/AQABA ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT JOHNNY L DBI/ABU/DOH/BRN/DMM/KWT UON GLORY JDH/AQA "Loads Singapore. E/W. Iridona— USA SERVICE Loodngtor BORZNA CAM/NFK/SAV/NOL •Lood» E7W. Matoywa. Indonewa F.E./S.E JL SERVICES Spore Loodingtor
      366 words
    • Advertisement
      Lock icon Page 33 Advertisements Column 3
      693 33 JfflL ML— JSSB m si s^? -mHSSS £?2 W& &K— -SHSI= iJ9 am asm —otmtssi UIM74 u>M iSvB pmmSun fiM u/u i»/E h/U MS ypsa bh m pu wssa vor mm ■SH S%— gfc iTjnMg* wi 21/12 ra7tr~ H Q5544 04/03 04/01 *T JOANNA *40 01/03 OS/13 UjUglij»__lHM~ 177 M
      693 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Lock icon Page 34 Advertisements Column 1
      327 34 nmv hxvmx to south AfucA south amirica (KMSOACtEWOMraiOR)6UIPE.MOHMMQStO OOSULMl)m<imilOWßmitt) o—i I*— s— \9mkm Irt— h— Mfct E—r- >***-.. iffli; m ajß M M M -B8 —SB— -B m —wb —nftS mE —tew —row row —tt7h m ha% —W—K \m I rffo I w) m WttXLV SMtWI TO l*A, MQ3CO. ECUAPQBt,
      327 words
    • Advertisement
      Lock icon Page 34 Advertisements Column 2
      664 34 WMti IR>m VQSIL VQT Ml W1 SOU HAM DM IM I iflt YILLf DtYUGO J4Z* 21/P2 JU/B3 IIZH3 2L313 21^ jfS 5^ SAUDI JUIAiL JiKl 05/ M 24Z53 M M 31/ M ZVP3 RQKAsiASiwGA |?10-QS 14/03 15/03 31/D3 07/04 03/04 01/04 1 OS/M I Acaphna cvgo lo al U* inland
      664 words
    • Advertisement
      Lock icon Page 34 Advertisements Column 3
      464 34 pSA MYANMA FIVE STAR UNE (Mvmmmt NctiMd Um) w Lm*| for Y«9M VESSB *0T SM ftl «l HSU ■OKU 4SW Sl* am sum turn S4* su uum AGBdV 4ONSIUO SMPPM6 MOKKS ML TH 43-*****)44 «L TH 43-*****141 nt IB 44-*****42 r«fc IB 47U1J311/4 BANK LINE (A mvifl »Mr SUpftf) I
      464 words
Page thumbnail Page 35
Page thumbnail Page 36
Page thumbnail Page 37
  • Page 37 Miscellaneous
    • Miscellaneous
      Lock icon Page 37 Miscellaneous Column 1
      137 37 J fcM|MHhfc^^gg^^(^ •_^rWjiMHpPi fit 2 i ii WPiH r^wpp 3AO M j LEGEND: Issued by Meteorological Service Singapore R Thunderstorm A Showers Rain "T**** Cj Wind direction and speed in knots Cloudy Day Weather CXJ H«7V y Sea Conditions nino speed symoois |..i.m 1 O Full circle w/o line indicates
      137 words
Page thumbnail Page 38