The Business Times, 3 February 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 MITA(P) 010/03/2002 85C THE BUSINESS TIMES SINGAPORE I Internet: http://business-times.af.ial com.sg MONDAY, FEBRUARY 3. 2003
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  • 985 1  -  :il exclusive No inflation target in return for financing of more fiscal stimulus From, Anthony Rowley in Tokyo JAPANESE Prime Minister Junichiro Koizumi and leading members of his Liberal Democratic Party appear to have made a secret "compact" with the Bank of
    AP  -  985 words
  • 64 1 Week Change STI 1291.59 -66.45 KLSECOMP 664.77 -4.04 NIKKEI 225 *****4 ***** HANG SENG 9258.95 -201.65 SET INDEX ***** 4i9 JAKARTA COMP _388.44 16.90 MANILA COMP 1056.69 +6.27 TAIPEI WP1 ..5015.16 42.16 SEOULCOMP 591.86 -17.57 SHENZHEN B ***** +3.72 Al'ST ALL ORD .2935 40 -64.70 DOW JONES 8053.81 -77iO
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  • 70 1 FOREX RATES US$ l'S$ (S$ per rs$) 1.733 £(l'S$/S$ per 1644 2.848 EURO(L'S$/S$/E) 1.080 1.871 YEN 118.8 68.50 RM 3.800 119:1 HKS 7.800 4.501 BAHT 42.71 24.65 RITIAH a865 5.116 RENMINBI 8.302 4.791 INDIAN RITEE 47.82 27 60 PRIME RATES SINGAPORE* A25 KUALA LIUPUR 6.40 HONG KONG 5.000 JAKARTA
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  • 632 1  -  Bnt pick-up expected later this year By Audrey Tan [SINGAPORE] Business sentiment took a dive in the fourth quarter of last year as the performance of Singa-pore-based companies weakened, the latest BTNUS business activity survey found. The quarterly survey showed that sales,
    Source: MAS C  -  632 words
  • 718 1  -  Credit card firms join fray by tying up with carriers By Andrea Tan [SINGAPORE] A right royal price war is raging among airlines, with fares being slashed to lure passengers to fill up seats during the low season. Flying to London will
    718 words
  • Page 1 Advertisements
    • 6 1 Hill 8 887 81 t *****Z"
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    • 93 1 Columbia catastrophe US aerospace firms I L w 'S' counting cost, Nextp Explosion disrupts bA! I Nasa's schedule, Pgl2 Cause of tragedy may never be known, MPgi2 Boeing profits likely to be hit, Shipping Times, PglO Mourners tending to candies at a makeshift memorial outside Nasa's Johnson Space Center in
      93 words
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  • NEXT page
    • 370 2  -  They are next most concerned with profits, costs: BT-NUS survey By Audrey Tan [SINGAPORE] In these trying times of slow economic growth, Singapore-based companies are most concerned about business prospects, the latest BT-NUS business activity survey found. Asked to identify their "No 1 concern"
      370 words
    • 727 2  -  High-level team weighing options to end aid: adviser From Shoeb Kagda in Jakarta INDONESIA has agreed on the draft of what could be its last Letter of Intent (Lol) with the International Monetary Fund (IMF) as the country seeks an exit
      AP  -  727 words
    • 505 2  -  It SetS minimnm gross commission level at $5,000 By < Ven Sreenivasan [SINGAPORE] Another stockbroking house has apparently been afflicted by remisier rumblings, this time over charges to cover operating costs. Traders at OCBC Securities are apparently unhappy over the company's recent decision to
      505 words
    • 402 2 Impact on businesses will depend on how long probe lasts NYT [ATLANTA] With future space shuttle flights on hold and related production slowed, businesses that rely on the US shuttle pro- gramme are trying to gauge the impact of Saturday's tragedy on
      NYT; AP  -  402 words

  • SINGAPORE companies
    • 700 3  -  Analysts blame higher interest expense due to Optns acquisition By Angela Tan SINGAPORE Telecommunications Ltd could unveil a 10 per cent slip in net profit for the third quarter ended Dec 31,2002, to $260 million from $290 million a year ago due to
      ST FILE PHOTO  -  700 words
    • 806 3  -  15 out of 18 results released so far show profits By Ven Sreenivasan IF the first batch of FY2002 results which have emerged are any indication, earnings could have risen significantly last year. The 18 companies which have so far released their results for
      806 words
    • 450 3  -  Telco's regional units ail have more customers in 2002 By. Angela Tan SINGAPORE Telecommunications Ltd's latest figures on its regional mobile subscriber base has reinforced analysts' optimism that the telco's overseas investments are paying off, compensating for lacklustre domestic growth. But despite these robust
      450 words
    • 308 3  -  By Ven Sreenivasan UNITED Industrial Corporation (UIC) and its subsidiary Singapore Land have appointed former Philippine secretary of foreign affairs Roberto Romulo to their boards. Mr Romulo, 64, has been appointed independent director to both companies with effect from Jan 31. Mr Romulo
      308 words
    • 270 3  -  By Ven Sreenivasan SINAR Mas-controlled Asia Food Properties group, including its subsidiary Golden Agri-Resources (GAR), has rescheduled an additional US$4l.3 million of its debt. AFP has been in negotiations with creditors to restructure its debt after it failed to recover deposits of more than
      270 words
    • 690 3  -  eddie toh SHAHRIL Ridza Ridzuan has good reason to smile these days. The executive director of Malaysian Resources Corporation Bhd (MRCB) has just become the proud father of a baby boy. And, about the same time, he and MRCB chief executive officer Abdul Rahman
      690 words

  • BT roundtable
    • 5208 4 Last week, BT invited five of Singapore's fund managers and investment analysts to lunch. There followed a freewheeling discussion on the general economic and investment environment in 2003, including the prospects for the US, Singapore's structural problems, prospects for the region,
      AP; FILE PHOTO; PHOTOS: ARTHUR LSE; Ben Cruz  -  5,208 words


  • SINGAPORE markets
    • Article, Illustration
      318 6 OTHER SINGAPORE INDICES Jan 31 VALUE CLOSE WOW 386.00 +100.00 IT CADI -*****.00 +32.00 BTlH«y>IA -*****.00 -38.00 MUCMUn 343.00 -1.78 112.73 +0.73 Mlfi Mn Fhi 1115.35 -7.50 SCCmMii fr»p 303.73 -1.50 MSOfligiHH 157.86 -0.81 SMSCt Fatam 157.00 -1.30 t*»ch» ¥rt—• Cytech HK5c 128.564,000 Chew Eu Hex* 0.5c 88.275.000 Chart SemiCond
      318 words
    • 290 6  -  HOT STOCK/ WARRANT By' Ven Sreenivasan THE prospect of war has sent Singapore Airlines (SIA) stock plummetting to their lowest levels in three months. The stock closed 20 cents down at $9.65 last Friday the lowest close since October
      290 words
    • 794 6  -  STOCKS I-ii comment r. sivanithy LET'S put things in perspective. If the prospect of a war against terror pushed the Straits Times Index down to 1,241 immediately after 9/11, is it reasonable to expect the prospect of a prolonged war against Iraq to push the index
      794 words
    • 681 6 US nnit gains as investors begin to discount negative impact of a war on Iraq AFP [HONG KONG] Most currencies in the Asia-Pacific region were down against the US dollar, which gained as fears eased among investors of a negative fallout from a possible
      AFP  -  681 words
  • 2835 6 UNIT TRUSTS FUNDS t«—■<>■**—»■»>» Com Global Finance Index Fd OW ibu >r' I Com Global LifcUvk 1 Index Fd 0.773/ ~Com Global Health Index Fd 0.747/ iiqv Com Global Telecom Index Fd 0 395/ nuv Com Global Infotec Index Fd— 0264/ nSi Com Global Energy Index Fd 0.77* "SS Com
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  • Page 6 Advertisements
    • 115 6 Market Notices KLW Holdings Ltd will hold its GGM on Feb 13, at 10.00am, 19 Senoko Loop. SM Summit Holdings Ltd will hold its EGM on Feb 17, at 10.00am, 45 Ubi Road 1, Summit Building. PNG Micron Holdings Ltd will hold its AGM on Feb 26, at 11.00am, No
      115 words

  • SINGAPORE news
    • 702 7  -  First time an Asian has won such a key position in an intl ad agency By Michelle Quah CHINA'S emergence as an economic powerhouse has made it the market of choice for many multinational companies. But far from being a threat to
      702 words
    • 439 7  -  r77 exclusive Disaster recovery, data hosting ended abruptly By Siow Li Sen THE Monetary Authority of Singapore and some stock brokers were left in the lurch two Fridays ago after data and computer disaster recovery services company, FailSafe Corp (Singapore), closed
      439 words
    • 491 7  -  Byy Genevieve Cua ASIAN equity markets should finish the year higher than they are now, according to survey of 34 investment management firms conducted by Mercer Investment Consulting. In the firm's latest annual Fearless Forecast survey, Korea came out tops for
      Source:  -  491 words
    • 694 7  -  \2\ analysis Mall owners should spruce up their premises and absorb the costs for now By Vince Chong TIMES are bad, consumer spending is down and retail sales are slow. So what's the plan? Some shopping mall owners seem to think it's about
      694 words
  • Page 7 Advertisements
    • 23 7 H Lianhe Zaobao I I I their subsidiaries I I on the market I I this year I I I I ±m£narF?£n I
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    • 418 7 NOTICE ON 11, INTERNATIONAL TENDER MIMOS Be KM AD MM 1. MIMOS Berhad hereby invites services providers or their accredited agents who are prepared to submit comprehensive proposals on the following tender Tender Ret. No. Tender Document Pee# Purchased Dole 0( Tender AndTMe (USSorRM) Tender Document doting Dele Tender No.:
      418 words
    • 121 7 In ih* Matter of Hie Companies Ad, Cap. 50 And In the Matter of (1) KINGDOM CORPORATION PTE LTD (2) BIGSIX LICENSING INTERNATIONAL PTE LTD (3) ART FRAMES (ASIA PACIFIC) PTE LTD (4) YEW UAN SHIPPING COMPANY (PRIVATE) LIMITED (In Member*' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section
      121 words

  • REGIONAL news
    • NOTEBook
      • 84 8 AFP [NEW DELHI] State-run Air India has invited bids from Boeing and Airbus for *****-seater planes which the airline wants to buy in phases over Ave years, aviation sources said yesterday. The bids have to be submitted by this month, they said. The airline's
        AFP  -  84 words
      • 89 8 AFP [NEW DELHI] India is likely to allow private airlines to fly to other South Asian countries, Civil Aviation Minister Shahnawaz Hussain was quoted as saying yesterday. "The government is plaitning to allow scheduled Indian carriers to operate in the Saarc (South Asian
        AFP  -  89 words
      • 92 8 Reuters [KUALA LUMPUR] Malaysian Airline System (MAS) head Mohamad Nor Yusof s tenure is likely to be extended by the government, emphasising his success in leading the ailing carrier back to profitability, The Edge reported on Saturday. Mr Mohamad two-year term expires on
        Reuters  -  92 words
    • 275 8 BALI Reuters INDONESIA plans to raise oil output by more than 50,000 barrels per day (bpd) this year, and expects investment of up to US$6 billion in the oil and mineral sector over the period, the mines and energy minister said last Saturday.
      Reuters  -  275 words
    • 666 8  -  I:l comment KL STOCKS Despite the lift from Valuecap, uncertainties still cloud the market eddie toh THE Malaysian stock market has Finally sprung to life after almost a year of slumber. News of the creation of a new government investment fund caused
      666 words
    • 187 8 MANILA AFP BUSINESS executives in the Philippines expect flat growth for the economy this year, with many fearing higher inflation and interest rates, results of a survey released yesterday showed. The poll conducted by the respected Makati Business Club from Jan 15 to
      AFP  -  187 words
    • 327 8 MANILA Bloomberg THE Philippines will no longer enter into another economic programme with the International Monetary Fund after the current one expires in September, said central bank governor Rafael Buenaventura. President Gloria Arroyo, who took office in January 2001, agreed to a two-year
      Bloomberg; ST FILE PHOTO  -  327 words
    • 161 8 KUALA LUMPUR Bloomberg THE Kuala Lumpur Stock Exchange (KLSE) will lower its minimum stock investment unit to 100 shares to make stocks more affordable to individuals. The exchange will in April introduce the standard unit for all listed securities on the KLSE, which now
      Bloomberg  -  161 words
    • 368 8 Air Paradise will also fly to S Korea, Taiwan Reuters [JAKARTA] Undeterred by deadly bomb attacks in Bali that destroyed one of his nightclubs, an entrepreneur on the Indonesian resort island says he will launch its first commercial airline this month with
      Reuters  -  368 words
    • 474 9 HONGKONG Millions of Chinese all across Asia celebrate New Tear AP WITH firecrackers, prayers and lion dances, millions across Asia welcomed in the Chinese New Year last Saturday, the biggest holiday for Chinese communities worldwide. Millions of people thronged train and bus stations
      AP; REUTERS  -  474 words
    • 520 9 NEW DELHI Bnt analysts warn that possible US attack on Iraq could derail growth Reuters INDIAN exports rose a record 34 per cent in December over the same month in 2001 helped by sales to the US and EU, which account for about half
      Reuters  -  520 words
    • 596 9 MADRAS AFP THE chief of India's largest mutual fund, Unit Trust of India (UTI), has dismissed fears that UTI would offload shares worth 60 billion rupees (Ss2.l billion) to meet the repurchase demand of its flagship US64. "We will not offload just
      AFP  -  596 words
    • 203 9 MSTOCKHOLM AP SWEDEN'S famed camera maker Victor Hasselblad AB was purchased by a Hong Kong-based conglomerate, the companies said on Friday. The deal, which was finalised and approved on Thursday, gave The Shriro Group of Hong Kong a majority stake in the
      AP  -  203 words
    • 349 9 BEIJING Twt operators are expecting earnings of 800 m yuan over the Feb 1-7 period AFP CHINA'S mobile phone operators will cash in on Chinese New Year with a record seven billion text greetings expected to be sent during the holiday period, the
      AFP; REUTERS  -  349 words
    • 437 9 HONGKONG Bloomberg FRIEDMANN Greater Pacific China Investments Ltd's decision to cut broking fees for some clients after Hong Kong scraps a minimum commission rule on April 1 may trigger mergers and closures among the city's 500 brokers. The Hong Kong stock exchange's
      Bloomberg  -  437 words
    • 412 9 NEW DELHI Reuters INDIA'S new communications minister said on Thursday he wanted to study a controversial proposal to merge state-run telecoms giants MTNL and BSNL but added the government had a bad record in running big companies. "In general in India, we're not
      Reuters; AFP  -  412 words
  • Page 8 Advertisements
    • 168 8 The master chef of Hua Yuen Chinese Restaurant has proudly put together 7 delightful set menus for your celebrations In the Year of the Goat. From $188 for four persons to $888 for a table of 10 persons. For reservations, please call 6432 5543/46. Pncrt rnbjttt to trmct (i*rgt &fp*t
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    • 58 8 Lunch 11.30 am 2.30pm Japanese Bento k Sushi \r DeUvery sushi fc Japanese Bento 0777^ Weekdays •«5 90** (AM) •1* 90* (OUM 11 yn ft bctow) Weekends a Public Holiday $2S.QO++ 1 lIImII i •15.90" (CUM u yn a Wn» Includes FREE FLOW of Coll 6324 6218 for reservation L#
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    • 72 8 fflentine's Day Cancffe jßiffifK 6 Set Dinner $281 nettper pax with an enchanting rose for the lady, and 1 glass of red wine per pax. hone# •aoc» e I ueep fil(« 'JMP™ I fragrant herbs Grilled aitftown wrth exotic jpuce servg§ cutjjfr.potatoes, Day Mug(sS44l nMt eecfc neb Call b430 4119
      72 words
    • 42 8 n MERITUS MANDARIN SINGAPORE HIGH TEA AT NEW HEIGHTS Enjoy international favourites high-tea buffet. Adult: $26+++ IOD Child: $16+++ o jjSk Reservations: 6831 6258/88 IniHrMl w* Rwi MERITUS MANDARIN 333 Orchard Road, Singapore *****7. lei: +65 6737 4411. Fax: +65 6732 2361.
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  • FOCUS aol
    • 1199 10 And the biggest task for Parsons is to convince investors that he is capable of leading the company back to health [NEW YORK] IN the two years since America Online's ill-fated acquisition of Time Warner, Richard Parsons has proved to be a master
      AFP; REUTERS  -  1,199 words
    • 933 10 Bloomberg [LOS ANGELES] Don't be fooled. Ted Turner's decision to quit his vice-chairman post at AOL Time Warner Inc won't take him from the stage. Whether he'll remain a director is unclear, but the notion of Ted Turner, less fettered, should send
      Bloomberg; AFP  -  933 words

  • WORLD news
    • 679 11  -  Q4 corporate reports bode ill for next 2 quarters' results: analysts Fromi Andrew Marks in New York AS predicted, fourth quarter earnings reports played second fiddle last week in the attention of Wall Street, as evtents related to the United States' looming conflict
      679 words
    • 570 11 Bush Budget loaded with goodies and a big deficit WASHINGTON White House does not see return to surplus in 5 ye&rs NYT THE Budget that President George Bush sends to Congress today would expand the military, create a major new social entitlement, energise the economy and, most likely, produce big
      NYT; AP  -  570 words
    • WORLD Watch
      • 78 11 Reuters [LONDON] Hong Kong s main fixed-line phone company PCCW Ltd is looking to buy collapsed British telecoms firm Energis and assets from Cable Wireless, according to the Sunday Times. PCCW wants to buy the Macau division of Cable Wireless's Regional arm, which would fit
        Reuters  -  78 words
      • 68 11 AFP [ABU DHABI] The Organisation of Petroleum Exporting Countries will deal with any unforeseen development such as war on Iraq, and increase supply to meet demand, the oil group's president, Abdullah bin Hamad al-Attiyah, said yesterday. "If there is a shortage of supply, Opec
        AFP  -  68 words
      • 62 11 AFP [SEOUL] North Korea yesterday threatened to scrap inter-Korean reconciliation projects if South Korea took action over an alleged secret cash payoff to that country ahead of a summit in 2000. The threat from a North Korean government organ followed allegations Hyundai group acted
        AFP  -  62 words
      • 48 11 Bloomberg [LONDON] Trinity Mirror, UK's largest publisher of regional newspapers, said its board will consider any "serious" takeover offers. A spokesman declined to comment on a Sunday Telegraph report that Apax Partners Co and Candover bid £1.3 billion (553.7 billion) for Trinity Mirror.—Bloomberg
        Bloomberg  -  48 words
    • 455 11 LAT-WP [WASHINGTON] The Bush administration on Friday proposed fundamental changes to the Medicaid programme, giving states almost unlimited authority to run their health care plans for the poor while limiting the amount of federal money they could receive. Administration officials ,and advocates for the
      LAT-WP  -  455 words
    • 758 11 WASHINGTON Intercepted talk shows pattern of deception, it says Reuters AP AFP US Secretary of State Colin Powell will release National Security Agency spy tapes this week that intelligence officials say show Iraq repeatedly lied to weapons inspectors, Newsweek magazine reported.
      Reuters; AP; AFP  -  758 words
    • 360 11 TOKYO Bloomberg MOST of Asia's chipmakers reported better earnings in the last quarter. With a few exceptions, that doesn't mean their shares are going to rise. The reason, investors say, is because the region's chipmakers rely heavily on the computer market, which
      Bloomberg  -  360 words
    • 537 13 SANTA CLARA, California Chip-equipment demand not recovering as fast as investors hoped Bloomberg IN a sign that chip-equip-ment demand may not recover as soon as investors expected, Applied Materials Inc, the world's biggest maker of computer-chip production equipment, said orders fell
      Bloomberg  -  537 words
    • 432 13 NEW YORK Oil output down fi% to 2.6 m bpd, unlikely to meet target Reuters CHEVRONTEXACO Corp last Friday reported a quarterly profit but the results badly missed analysts' estimates as its oil and natural gas production dived. The second-largest US oil company
      Reuters  -  432 words
    • 377 13 NEW YORK Bloomberg INVESTORS of Global Crossing Ltd sued six top Wall Street investment banks for using false financial data in material that helped the bankrupt telecommunications company issue securities. The banks named in the suit, which consolidates more than
      Bloomberg  -  377 words
    • 332 13 Reuters (NEW YORK] JC Penney Co said on Friday it will stop selling cosmetics from Avon Products Inc. dealing another blow to the beauty product company's effort to sell through a retailer rather than directly to consumers. JC Penney said it is dropping Avon's
      Reuters; BLOOMBERG  -  332 words
    • 646 14 WASHINGTON Bosh faces pressure to get European curb on genetically altered crops lifted LAT-WP PRESSURE is mounting on the Bush administration to launch a trade battle with Europe over genetically altered crops, with farm groups and their congressional allies declaring that the nation
      LAT-WP  -  646 words
    • 543 14 TOKYO ItH hinge on Powell's address to UN about Iraq Bloomberg THE dollar will probably fall this week as US Secretary of State Colin Powell's address to the United Nations may bring a war with Iraq closer, according to the majority of analysts and
      Bloomberg  -  543 words
    • 307 14 NEW YORK Reuters TYCO International Ltd said on Friday a unit obtained a new US$l.5 billion, 364-day unsecured revolving bank credit facility, a move it said eliminates potential liquidity problems for 2003. Tyco, a Pembroke, Bermuda based conglomerate said its Tyco International
      Reuters  -  307 words

  • SHUTTLE disaster
    • 899 12 WASHINGTON Shuttle fleet the main supply vehicle to the International Space Station Reuters AFP NASA has been in this place before: watching with the world as a space shuttle mission ends in catastrophe. But Saturday's loss of shuttle Columbia is different from the 1986 Challenger
      Reuters; AFP  -  899 words
    • 402 12 NEW YORK Damaged tile heat shield, faulty navigation listed as possible reasons NYT IT could be days, weeks or even months before Nasa has a clear idea of what went wrong, if ever. 'There's a strong possibility they may never know," said John
      NYT  -  402 words
    • 939 12 COMMODITY WeeJclyßoundup AFP [LONDON] Oil prices jolted higher again last week as United States President George W Bush turned the heat up on Iraq and figures showed a sharp fall in US oil stock levels. GOLD: Gold prices streaked up to a new
      AFP  -  939 words
  • 1029 12 FINANCE COMMODITIES Week ended: Jan 31 SDfQAPOEB OOTBRiragBin 1 SECURITIES nyPICATITBWUCBg AMP Y™*** Mca MM TiiTi mn mtmwt u* ttm mm* iwmUmm m** cxt n» m o»r 7T* 2.25 0t-A#f-03 K*****0S 0.90% 0.504% ***** 100.26 5Tt 4 OHIar-OT H*****0C L52% L51% 109.75 109.8 7Y* 2JS tS-Jw-03 N*****0F 0.76% 0.619% 100.63
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  • 1434 13 S1C0M FUTURES Jan 30 IUB8EX Mm (OafeififcH) KSS1(ScMti/M} CtOM Mm OpM Moat* Hlgl Uw Sett (t—w) Interest Feb 03 163.00 Mr 03 164.00 Apr 03 *725 May 03 *725 RSS 3 (US ccotsAq) Volmm OpM «»«—A. I f,t| «A woiun niqn low Mil IiQImvS) iiufff'i Feb 03 ***** i00
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  • 952 14 (krmpiled by Thomson Financial I/B/E/S ThsstocfctscowinsndsMontsttMsvarsgsotiMltsiK miwuddlmii RECOMMENDATION FORECAST COMPANY NAME TWS WEEK LAST WEEK EPS (<) P€ (times) but not stock Is toioiisdfcy Mi Bis »b>oli8r6.Tlislr meow nrtendatxxis are placed on s 1 to 5 points scsis and averaged to pwHfcm MM KaroeiTeiawmSTrano Undawwrtoww tWwwfcwn 6.73 126
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  • 759 14 Week ended: Jan 31 <—i at omm' Qaaa omm*. CMC 0.44 JJ40 -0020 NatSM* 50c 0-50 20JO *4010 CaprtaLand 107 IM *0015 OCK IH 9100 *0 ISO Chart SamtCond 2tc OM 0.710 OUt 0.* USD *0.050 CMyDmSOc 147 3 M0 OOW 0J« 0.740 -OAS OaatneT25c 047 11J00 *0100 SGX
    759 words
  • 544 14 BONDS WARRANTS Lao Vat Cam Ew 6* *352 C—p—T Sit «r- f) aal» Mm t hg m AST1WW0621 175 1 K lit U1 n Acrna Ltd W*****6 15 unch 30 1 SO 682 453 22 AmwkW*****0 74 -3 10 1 33 1 1.43 29 Armstrong WO4O5J0 U -1 6 1
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  • Page 14 Miscellaneous
    • 202 14 CRYPTIC CROSSWORD 29 Overcharge tor a bird (4) register (5) church (5) 30 Determined to take traps 8 A crook or awl (3-7) 26 Dishonest proclivity (4) back inside through lounge 9 about a rebel YESTCROAVS SOLUTION nnwN 14 The refuse anoears wet Acros,: 1 Capital gains, 8 Owl, 9
      202 words

  • 5373 15 Week ended: Jan 31 for live prices, log on to ivuwjasiaonemarketsMmi S2-Wk Urt M Wat Laat Qvote GrOkr M* bW MM Mb* tew C 3g| Sate W- flg M# L— Wer Cor W M ABNAmroNLG 56c 9 12 14 1318 215 9 ACE Dynamo20c II +0 5 79
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    307 words
  • BIZIT
    • 354 15 Web gives vast data access, allows fast synthesis, dissemination NYT [NEW YORK] Once again, the Internet has proven to be an invaluable news source in times of disaster. But Saturday's space shuttle accident showed something else about the power of the Net. Not
      NYT  -  354 words
    • 447 15 Bloomberg [SAN FRANCISCO] Sales of products that help manage large amounts of data on computer networks may outperform other areas of technology spending, according to a survey commissioned by Venture Strategy Partners. The survey, conducted by market research firm IpsosReid in
      Bloomberg  -  447 words
    • 796 16  -  :ii exclusive A key challenge is to nimbly steer the group to the more lucrative services and systems integration sector, Akinobu Kanasugi tells TangWengFal Tang Weng Fai Expanding nec*s limited presence in Asia will be one of a slew of challenges facing the Japanese multinational
      CHRIS LOH  -  796 words
    • 288 16  -  By] Elgin Toh IN a Japanese-styled ballroom with tatami mats and wooden chairs, Sun Microsystems Inc and the Infocomm Development Authority of Singapore (IDA) last week launched a programme dubbed Java Black Belt, aimed at grooming Singaporean Java specialists. IDA chief executive
      288 words
    • 844 16  -  INFOTECH hi comment The principle's greatest contribution Is In daring scientists to dream of new frontiers paul chan IN the last two years, players in the tech sector have been waiting for the bellwether semiconductor industry to lead a much-needed recovery. TTiat hasn't happened
      844 words
    • ITTAKES
      • 74 16 STARHUB has appointed Alex Slow as vice president for strategic relations and government affairs. Mr Slow worked with HDB for 23 years, including 13 years as HDB's CIO. He will continue to be chairman of the National Infocomm Competency Centre; chairman of the eLearning chapter
        74 words
      • 42 16 COMPUTER Associates International has appointed Piti Pramotedham as its managing director for Asia South, based in Singapore. Mr Pramotedham Joined CA in 1998 and is also chairman of the security chapter of the Singapore IT Federation. V
        42 words
      • 38 16 PHILIPS has appointed Mourad Mankarios as-' chairman and CEO of Philips Electronics Singapore. Mr Mankarios Joined Philips in 1986. Prior to his Singapore'appointment, he was senior vice president in Philips' corporate centre in Amsterdam
        38 words
      • 97 16 FEDEX Express, a subsidiary erf FedEx Corp, said it will introduce in this year's first half a "digital pen" with Anoto functionality for its couriers to use. The pen includes an Infrared camera, an image processor and a Bluetooth wireless transceiver. "As the user
        97 words
      • 84 16 PALM Inc tud its new Tungsten W PDA is now available here. "This is the first Palm-branded integrated trl-band GSM/GPRS/MMSenabled wireless handheld," Palm said. It comes with a built-in keyboard, a high-res colour screen for web-browsing, and offers wireless e-mail, SMS, phone, and business apps. It
        84 words
      • 70 16 IBM Singapore and A*Star's Data Storage Institute (DSI) last week launched the Storage Solution Centre (SSC). The centre will enable independent software vendors to develop commercially viable storage technologies on open standards. The SSC is housed within DSI's Network Storage Lab. IBM said it has
        70 words
      • 65 16 DATACRAFT Asia's training arm, Training Partners Pte Ltd (TP), has tied up with EMC Corp to offer courses in automated networked storage across Asla-Pacifk for EMC customers and partners. TP will train EMC customers in China, South Korea and India initially. The company has 100
        65 words
      • 55 16 INNOMEDIA and India's TataNet have launched Indicall, a new VoIP service for the Indian market The service lets users place Internet calls from India to any regular or cellular phone around the world via InnoSphere, a global IP telecom network from InnoMedia that covers 200
        55 words
      • 40 16 THE Computer Security Institute (CSI) will hold its Inaugural public programme for five days frotn Feb 24 at the Marriott HoteL It is organised by CSI and GM Trust For details, fax to 6245 8513.
        40 words
      • 73 16  -  -Co—piled by] Raju Chellam VISA has launched "next generation" versions of its Platinum Club member sites with localised, multilingual capabilities and CRM functionality, with help from XM Asia-Pacific. "It is in the CRM arena that the revamp is expected to have the greatest Impact," XM
        73 words


  • SHIPPING TIMES
    • 314 17 Contributed by Simpson Spence Young THERE has been a slowdown in the number of sales which have been reported over the last week. However, this does not reflect on any fall in the purchasing interest, rather a lack of tonnage seriously for sale. There have been a number
      Contributed by Simpson Spence & Young  -  314 words
    • 262 17 MX '000 JmtO CWT Otitrtbutkxi 0.70 0.02 SO ChuanHup 0.44 -0.01 634 Cosco Invastmant 0.19 unch 44 Freight LMu 0.03 unch 130 GBHoWings _.0.59 unch 0 J«y« Moiflinqi 0.26 unch 1045 Kappal Corp 3.62 -0.12 5602 K1 Vantura 0.15 0.01 73 Kappal Tala 0.85 unch 73 -»oroy Marina
      262 words
    • 552 17  -  Buyers fooled into chartering non-existent tankers By Donald Urquhart [SINGAPORE] An on-going crude oil scam in Nigeria has taken a new twist with fraudsters now seeking to fool crude buyers into chartering the services of nonexistent tankers, according to the International Maritime Bureau
      552 words
    • 207 17 AFP [MADRID] Five thousand Spaniards beat pots and pans in an ear-shattering demonstration of their displeasure at the way authorities reacted to the sinking of an oil tanker that has caused widespread pollution. The rally occurred in the northwestern town of Vigo
      AFP  -  207 words
    • 448 17 [SINGAPORE] The man who led PSA Corporation's international expansion. Goon Kok Loon, will retire on March 1 after 37 years at the terminal operator. PSA's deputy group president (international), and president of the international business division has been at the helm of the
      448 words
    • 120 17 Bernama [BINTULU] A CARGO ship from Indonesia carrying 360 metric tonnes of sawn-wood sank due to engine failure and high waves during a storm. Tatau police district chief Jopeni Junaidi said the Suraya Samudra II cargo ship from Pemangkat, Indonesia, was on
      Bernama  -  120 words
    • 200 17 Reuters [LONDON] British port authorities hauled Greenpeace flagship the Rainbow Warrior clear of the entrance to a military port allowing a supply ship laden with tanks and helicopters to sail for the Gulf. Police boarded the Rainbow Warrior to end its
      Reuters; REUTERS  -  200 words
    • SINGAPORE news
      • 970 18  -  LINER SCENE -By David Hughes THERE are a few liner shipping companies that put out very detailed reports of both quarterly and yearly performance. UKbased CP Ships is one those companies that give a good indication of how the container
        FILE PHOTO  -  970 words
    • 201 18 PAGE Avant 8 B'tang Mas S BSA 6 BSC 8 BTL 8 CMACGM 3 COSCO 3 Chahaya 8 Charter Shpg 8 China Shpg 5 Confer 8 Cougar 5 CWT Globelink ...6 Delmas 4 Dongnama 3 EP Carriers 8 ECL 3 EIS 6 Eng Lee 8 ESP Lines
      201 words
    • 11035 22 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 12/02 17/02 ECL SPRING TRADER 54 65******55 To ABIDJAN (ABJ) 2003 Cot* D'I voir* 17/02 21/02 B tang Mas B SERIA V0103E
      11,035 words
    • SHIPS IN PORT
      • 219 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT EPOS 038S J18 A/SIDE 02/02 0400 K CEMENT2 30/1 J23 A/SIDE 02/02 0330 KIMTRANSMEGA KM018S J18 02/02 1400 02/02 1900 LOVE SONG 47 J24 02/02 1500 03/02 1800 ORIGINATOR E416 J15/16 02/02 2000 03/02 1800 SENBOKUACE 81 J7 02/02 1600
        219 words
      • 2260 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing IM Berth Name Voy Voy seq berthing Nmbr ACX OAHUA 0585 0585 1_ *****003-0800 04/02/2003 1700 T04 AO HIBISCUS 075N 075N 1 0402/2003 2300 *****003-0900 AKIMADA BR 05W 05W 1 07/02/2003 0*00 *****003 2100 ALAMJAYA 2 8833 8833
        2,260 words
      • 150 25 Jan 31 Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Feb 1 China: Lunar New Year's Day. Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Malaysia: Lunar New Year's Day. Singapore: Lunar New Year's Day. Brunei: Chinese New Year Feb 3 China:
        150 words
      • 808 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and
        808 words
      • 466 25 C*»o« 180 Max 977.3 0.4 15.1 0.07 37 0.04 DmkHv Nittf BMjduf AshAIuiwkmuiw Mmtm "c abow E25 0 0 ■>» 23 n ni 380 Ave 983.7 02 U.I 0.05 23 0.02 380 Mai 994.4 2.0 182 0.09 53 0.07 u/ri m/m »M» w —fw He abow
        466 words
    • AIR & LAND transport
      • 549 26 Expected cutback in space programme will hurt Nasa's largest contractor Reuters [CHICAGO] The explosion of the space shuttle Columbia will present yet another challenge for Boeing Co, the largest Nasa contractor, as it struggles through an unprecedented downturn in commercial aviation that has
        Reuters; AP  -  549 words
      • 400 26 Bloomberg [WASHINGTON] US airlines plan to ask for a suspension of some federal ticket taxes and access to oil reserves in the event of a war with Iraq, the head of a trade group that includes
        Bloomberg  -  400 words
      • 161 26 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, the nation's flagship carrier, said it will lease eight aircraft to meet demand on some routes. The national carrier will lease three Airbus A 330 planes next month and five Boeing 737s on a staggered
        Bloomberg  -  161 words
      • Article, Illustration
        48 26 [BAUCAU] A UN investigator searching through the wreckage of a Russian-made cargo plane in East Timor on Saturday. All six Russian crew on board the Ilyushin- 76 aircraft were killed when it tried to land in thick fog at East Timor's Baucau airport on Friday AP
        AP  -  48 words
      • 300 26 Bloomberg [CHlCAGO] United Airlines parent UAL Corp, the world's second largest airline company, said its fourth quarter loss widened to US$l.47 billion, reflecting growing costs that pushed it to seek bankruptcy protection in December. The net loss was U5520.70 a share, more
        Bloomberg  -  300 words
      • 426 26 Commission says that air pacts are to be made on bloc-wide basis Reuters [BRUSSELS] The European Commission has told EU member states not to strike any new individual deals with the United States on trans-Atlantic air traffic rights, threatening court action and
        Reuters  -  426 words
      • 2033 26 CITY asm CT* FUGHT CTO 1*9767 0700 S0326 1240 mum 8*7381 W40 8*7382 2150 S025 0700 8*7305 2255 0T81 *40 0f82 2150 L* 9 <*5 2255 tanMB $035 0455 HB38 2330 JJJ5 *5? 6*975 £5 5036 2345 "g Z "Jg jg S***** 1650 IH779 2359 L
        2,033 words
  • Page 17 Advertisements
    • 61 17 Shuttle explosion, BKcQf TO IKK I For adverllsing/subecrtpllons.cal Bernard Ong: *****645, Joe Wong: 6319 2062 HP: 9620 1327 Email: ag For edhortal metlßra/apeciil feature* Beth Jinto: 6319 5214, George Joaepfc 6319 5772 Donald Urquhart 6319 5197 Fax 6319 8281 Morttettn/toaHlo. D Surendran: 6319 2109, Main Singapore Proe« HoWnga Mwk 6319
      61 words

  • Page 18 Advertisements
    • 137 18 GONGXI FACAI w From The Management Staff Of NYK LINH (ASIA) PTE LTD NIK,,. w NIPPON YUSEN KAISMA WORLDGATE EXPRESS LINES PTE LTD 180, Cecil Street, #16-03A»4, Bangkok Bank BuMng, S*pore 0G9546 Tel: *****911 Fax: *****073/*****863 Email: wgatedmbox2.singnetcom.sg aBK WEBSITE: http J/www. wortdgate. com. sg WEEKLY FCL LCL SERVICE TO
      137 words
    • 608 18 lines services represented by ««f it Memben of itw Registry of fMJ Accredited Agents, Sogopore Shaping AssocioHon Assooohon COSMOS/ CONVDfTKMAL CARGO ran KLANG/SMGATOKf/JAUra I IAMGKOf WW KTA PKI- HTASIN ETA MALE l«|m« IJh MM r« «K« IMS Prtemw IJh «3 UC Ul> MARINE SERVICES SINGAPORE PbMr <84 72*4 ISMAM fit
      608 words

  • Page 19 Advertisements
    • 1203 19 TO EUROPE FROM EUROPE vcsa VOT sw or rrw AW wv sou 11 vtssa |w> w w» «v sou msw APIAGAII 111W 04/02 26/02 21/0224/02 WHfIKWY 011( 15/01 14/01 U/81 11/1104/ TO MOintOGKSS 005W 07/0211/02 24/02 26/02 20/02 01/W *11OA >05 14/91 10/11 14/01 96/91 MTUCMIMMBQ 312W 10/0222/02 21/02 02/08
      1,203 words
    • 1850 19 PIKICT CALL TO COLOMBO 4 DAYS GOOAI AS«TS N SMGAPOM MIOMtSMt»»I2-MSAIiS/ICGSJVL *****157/UHULMMS3JI/J4 I COSTAR SHIPPING PTI LTD *M* OlireMOV/U MJWW *****175/7S I 14 ftAVC miUHnrnmm mwuiioi mmstu 4jjisjii/4i I IAHDA* ABBAS 12 DAYS T/SI»» *****17S 47MSJI4/44 johm's wta coMvamoMi mioum tnttnt I cosni ÜBKXi (1 S0« IHO IfLW-ISMIA* HULI7ISMI7t myvor
      1,850 words

  • Page 20 Advertisements
    • 864 20 HM*? HYUNDAI MERCHANT MARINE CO., LTD. Hoaipon: wwwJ—2l.tm CKWO. 1?0******00H |vb» vot rsn sou im wit ham wy~| |vrsq vot sou |hh otn ant han m "W mummm oi3w 24/01 u/m is /o? 10/03 12/n api agate iioe 30/13 01/01 03/01 27/01 HY FREEDOM 311W 17/01 10/01 11/07 14/01 14/07
      864 words
    • 1380 20 WAN HAi NIUNATIONAL PTf LID awk *****9200M/T| V" A 111... MUPr "L62»15M (14IMS) F/UL*****14J HAI LINES sssss&sgbssssL. W M- MD TSIWD lU.M7JHIB7I SM ML «l| jmtn ML «1) DW7U/ H»l 105 mmui wtnaw WWW.WIWII.If.H |vb» hk mo w* mm ok wrr mk no rot tws .bo m I—wn m* m«/v
      1,380 words
    • 485 20 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POIWTS VKSB VOT SI MUN6 COUMMO usam {010—0 iQttwra* twmis vu* hum bw osra mm wmo wis 10 w osfb wfb uia isfb nowuwtw>6t oiw Ha i?fb Ufa hfb nm tismsm soiwr 17 Fa nm nia hfb 11
      485 words

  • Page 21 Advertisements
    • 1098 21 iVISStI VOY KHH HKO I SIN I PKL I PXS 6AI DM* MK NUN TEHRAN PCI 297 04/07 05/02 08/02 09/02 16/02 17/02 26/02 2«/02 M.V. UNOAVU PCL -298 12/02 13/02 16/02 17/02 24/02 25/02 06/03 01/03 IRAN KERMAN Pa 299 19/02 20/02 23/02 24/02 03/03 27/01 12/03 14/03 IRAN
      1,098 words
    • 453 21 i RSI k UK CONTINENT SERVICE Loacftngfor ORIGINATOR RDM/ATW/BMNAJK/NAN Loads Sngwwre. E-/W. Motaym. Indonem MIDDLE-EAST SERVICE Loading for MAORE DBVABU/DOH/B RN/DM M/K WT MARITIME FAITH ADN/HOO/JOH VOYAGER V DBl/ABU/DOH/BRN/DMM/KWT toads Singapore, EVW I4ntoj Indonesia USA SERVICE Loading tar NAUDC CONFIDENCE CAM/NFK/SAV/NOL 'Loads E7W Malaysia, Indonesia F.E./S.E.A. SERVICES Spore Loadvigtor MARITIME
      453 words
    • 996 21 JBS& si m m jassa m m A wz» rm JOZSJ jatMi mk »/oi w/w wzn azu ntui um kzk iszu rKUMA mm urn nm jmjul mi mm mm wtiw* HZSB UM M/W r*mm* on? w/w _n/w_ tmum mm nm wn P4CUNO* oo.'/ij 05/07 m/w !IZ«— M/ 01 07/07 VBSfl
      996 words

  • Page 22 Advertisements
    • 521 22 I jggJCYOWA LINE Vil V»y <!■ hwwi Idp— <— Yf Ktrw Twfc Nhgl Ki— >M** Cohfornio Senator 951E 11/02 20/02 26/02 27/02 Colifornio Senotor 951E 11/02 26/02 08/03 10/03 11/03 London Senotor 954E" ***** 26/02 WO3~ f0703 WOT London Senator 954E" 18/02 12/03 23/03 25/03 27/03 London Senotor 954E" 18/02
      521 words
    • 309 22 te T~ T -j— M CW7 GLOBEUNK PTE LTD 1 i onv* ornces in EL:€*****33 (36 LINES) FAX:*****742 U I m SYDNCY MCLBOURNC PINANG PQHT KCLANGRASIB GUDANG KUCHINGBANGKOK KARACHI BOMBAY F NIW D[L HI-COLOMBO-MO CHI MINH CITYHAIPHONG HANOIBBIMtNHAMBURG TIANJIN QINGDAO I SHANGHAI XIAMIN fUZHOU DALIAN KIAN-BtIJIN6 SHI JIA ZHUANG CWT
      309 words
    • 268 22 BSA x MYANMA BH FIVE STAR LINE (Mywwor Motiwd Um) 11 L*«dl«f f»f Ynmjm vtssti voy sm pu pbi pgu CHI* SHWf HAW 54 W SU) PAGAN V3O4W SU W MALAYSIA: OOUSTIAO SHIPPING AGENCIES KUL 03-*****300 PU: 03-*****101 PIN: 04-*****02 BANK LINE (A Mrvkt »l Mrtw Wtk SUpftof) 1 NOIUHftOONP
      268 words


  • Page 24 Advertisements
    • 676 24 ■iiHi ram IMMM nee sit osjm 07«*2 uu/02 ?i 22/07 I SHANGHAI DP OS4M II 12/0? 1»20/02 2S-2t/02 I TKBimi OSSN 14-15/02 21 23/02 2MI/03 I IKB SHAH OS4H 19-19/02 25-27/02 04 05/03 I D6H STT QS7H 2) 72/02 7042/03 07-IM/03 sw IKSIYIOH 5M 2222/02 I XRESIOKWN 122 07«/02 I
      676 words
    • 617 24 VESSEL NAM! VOT MMi PORTIHANG OVTTAGOHG •OUGU fta m rro fu no ha no aCOWOTT OMgjg THE 04/07 05/02 05/02 09/02 14/01 (XLARt 09W043 THU 04/02 07/02 >7/02 11/02 16/02 joCTIAI *****4 SAT 10/02 19/02 09/01 13/02 17/02 OCHRTAI mm ROW 10/02 12/02 12/02 17/02 21/02 lOC MOROMR 07R055 FRI
      617 words
    • 62 24 CONFER (S.E.A.) &d SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD 15-H FEB 20-25 FEB DIRECT FCULCUCOMVENTIONAL SCRVICCS TOskidar SiKomn MkM Crtoat Bontay Kamdt Cotoitn Tutoom Coctw FmEm HoO»l**> H*c*ong Hanpnng Mrti Buar FCIACL tfy<c«« T« AuMi 9ftWf Mtnn f«Mom Mm ttntug.
      62 words
    • 1379 24 I fb |PDZ LINES I I/ UC I ZVrTu. *.»»»>.«». m w-tm-tm linC32Z^3EnPffI2HEE3C3BBI3C23C3 IGISUMG 5*305 01/0? GUOO J0304 M/0?1GMOCII M 303 10/07 GUAM 1X303 17/12 caamc. Km m/m *jm |gkoom sioos 17/n ciswb sups m/o? Guam ugg \i/n am uum TiTw" kmvh Icswh sots w/o? aq guos n/w cm uuo3
      1,379 words

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  • Page 25 Miscellaneous
    • 132 25 i I < CJJ 22S HHu legend Issued by Meteorological Services Division, NEA R Thunderstorm A Showers A\ R a i n lemperature o r Wind direction and speed in knots a Weather Cloudy Day t><: Hazy Sea Conditions Wind speed symbols Slight, < 1.2 m (J Full circle w/o
      132 words