The Business Times, 10 February 2003

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Total Pages: 30
1 30 The Business Times
  • 13 1 tW/V!P)!0iTB»«S02 85C THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial com.sg MONDAY, FEBRUARY 10, 2003
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  • 977 1  -  KepCorp, Venture, STE seem to be best off among 12 big listed firms on SGX By Wong Wei Kong [SINGAPORE] It used to be the stuff of get-rich-quick dreams. But the allure of stock options has proved illusory all too soon, and many
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  • 66 1 Week Change STI 1285.41 -6.20 KLSECOMP 661.25 -3.52 NIKKEI 225 8448.16 ♦***** HANG SENG 9150.95 ***** SET INDEX 378.95 +8.94 JAKARTA COMP .394.63 -6.19 MANILA (X)MP ...1041.83 1486 TAJPEIWPI *****7 279 79 SEOUL COMP 577.48 -14 :18 SHENZHEN B dosed Al ST ALL ORD 2886 10 -49,30 DOW JONES
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  • 74 1 FOREX RATES U8$ S$ 1SS (SS per CSS| 1.744 £(l'S$/SS per t) 1627 2.838 ElRO(l'SS/SS/E) 1 (177 1 879 YEN 120.2 «H.9U RM 18W 2.179 HKS 7.800 4.472 BAHT 42.89 2459 RITIAH 5.1(86 RENMINBI 8JJ02... 4 760 INDIAN Rl'PEE 47 70 27JS PRIME RATES SINGAPORE* 525 Kl'ALA UMP1R 6.441
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  • 735 1  -  axßsanaa China's SMIC likely to float on Nasdaq, and Shanghai or HE in second half: sources By Loh Hui Yin [SINGAPORE] A Shanghai-based chipmaker in which Singapore Inc has invested about US$lOO million is tipped to offer its shares in a dual listing
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  • 490 1  -  BTIJ.miUHfc James Loh expects to see another USslsm next month By Siow Li Sen [SINGAPORE] US$45 million and counting. Big-time investment banker James Loh, now a hedge-fund trader, is in business. Last week, he launched a US$45 million fund that is reckoned to
    FILE PHOTO  -  490 words
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    • 968 2  -  ECONOMICS If a US war on Iraq is not quick and easy, it could cost the world dearly vikram khanna AT Morgan Stanley's annual Asian investor roadshow at Singapore's Ritz Carlton Hotel in late October, the US investment bank's chief US strategist Byron Wein conducted
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    • 592 2 Delay in balancing, budget could lead to cut in credit rating Bloomberg [KUALA LUMPUR] Malaysia's plan to use a RMIO billion (554.6 billion) fund to buy stocks may pose a risk to the nation's finances. Standard Poor's said. Some investors fret
      Bloomberg  -  592 words
    • 536 2  - Tommie Goh a man for all investments By Andrea Tan [SINGAPORE] It's not easy being Tommie Goh. In fact, it's stressful, the former JIT Holdings boss and now head of 2G Capital said in an interview with Lianhe Zaobao. "When I was poor, there was stress," Mr Goh said. "Now
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  • Page 2 Advertisements
    • 399 2 Asia Pacific ill Management Institute The Professionals in Executive Education Network. Leadership Journey. School of Business 6 Management PhD in Business Management -lOtfa intake March Doctor of Business Admin (DBA) 7th intake Executive MBA Bth Intake April MBA in General Management 33rd intake February MBA in Strategic Marketing 33rd Intake
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    • 12 2 Asia likely to be worst hit by US-Iraq war. Goldman, Pg 5
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  • SINGAPORE companies
    • 851 3  -  hock IRISH >mm l kalpana rashiwala WELL, Capita Land has reported an earnings turnaround. But when its top management painted a promising picture for the property group last week at its earnings announcement, some sceptics just could not help being a little cynical. It is certainly
      851 words
    • 344 3  -  By Serena Ng GLOBAL Active is likely to launch its initial public offer on the Singapore Exchange's mainboard in late February or early March. The distributor of health supplements has lodged an amended listing prospectus with the Monetary Authority of Singapore. An earlier version
      344 words
    • 665 4  -  M'si&n subsidiary makes doors for export and is doing well By Serena Ng KLW Holdings, which has diversified its business away from the sluggish local construction industry, plans to list its Malaysian door-making subsidiary on the Kuala Lumpur exchange either this year
      FILE PHOTO  -  665 words
    • 459 4 Poll puts earnings at $103 m despite losses at some businesses Bloomberg SEMBCORP Industries Ltd, South-east Asia's biggest civil engineering company, may report second-half profit rose sixfold after the sale of a stake in a food unit offset losses
      Bloomberg  -  459 words
  • Page 3 Advertisements
    • 193 3 adv Mercedes-Benz is a trademark of DaimlerChryslec &oAr%A- SYVc&... -icg. SYVij&. i -te HoAneA. yyvce... Jie £oAmA. sY\*-e, ~~oi- IB i *2» i #> »N A V' >^>*y' Jfe*/- a .f V M **3 ft! *4f Mii& £gfc sx-i-v —j Jfc H S **-C- gfc.iv :w,'-.4 .>. A t «*-C
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  • Page 4 Advertisements
    • 629 4 Special Low Financing Package First 8 Purchasers of 2003 will get an additional 5% off the nett price! (OFFICE/WAREHOUSING/DISTRIBUTION) Rare opportunity to own or lease a prime unit (4,000 -15,000 sq ft) Parking lots in front P of units V\ N < f*" V \tlLxuiWi Your very own frontage V
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    • 69 4 In d u in our authentic Indonesian Food 4 Ambience i Rice Table INDONESIAN RESTAURANT LfSrtA £W All you can eat Buffet I Rijsttafel Set Lunch $12.80+++ K J&jgjW Rijsttafel Set Dinner $18.80+++ I ORCHARD I CUPPAGE 360 Orchard Road, International Building 43-45 Cuppage Road, Cuppage Terrace #02-09/10 S (*****9)
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  • SINGAPORE news
    • 470 5  -  By Chuang Peck Ming WITH a US-Iraq war now more likely than ever, attention is refocused on its impact on Asian economies. The Americans and their European allies may be doing the fighting, but it's Asians who are likely to
      Source: Research estimates  -  470 words
    • 620 5  -  It appoints CBRE to market Ocean Bnilding and Ocean Towers: sources By Kalpana Rashiwala DEMONSTRATING its serious intention to divest its investment property portfolio, Keppel Land recently appointed property consultant CB Richard Ellis (CBRE) to market Ocean Building and Ocean Towers along Collyer Quay,
      FILE PHOTO  -  620 words
  • Page 5 Advertisements
    • 100 5 HI fTT'lllflMfr" 7 i Recommended for Formula I I Sales Performance: I nHIIIII I I I I I Pages I the Yellow Pages to locate I and services. 80% of them found what they It in 9 i^y' Jf- I *In one year Yellow Pages generates I WT- uA A
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  • SINGAPORE markets
    • Article, Illustration
      319 6 OTHER SINGAPORE INDICES Feb 7 VALUE CLOSE BT06/DS 304.00 29.00 BTCADI -*****.00 BT 10-day MA *****.00 -30.00 343.72 -0.39 SG Eqaittts Elect 108.25 -3.24 SG EqwtMs Fm 1099.70 -1.19 SG Eqaities Prop 314.83 +5^78 MSCI Singapore 157.33 SMtSCI Fatares 157.50 -0.50 SIpcIm V«l— Chart SemiCond 26c 42.442.CXX) DMXTechUS5c. 36,379,000 Autron
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    • 270 6  -  HOT STOCK/ WARRANT Bi Ven Sreenivasan CAPITALAND has finaUy delivered some good news to its shareholders. The region's biggest property company posted its maiden year profit in FY 2002, chalking up net earnings of $290.2 miUion. The turnaround was helped
      270 words
    • 781 6  - Technology healthy scepticism needed JKJbMHHUaUBMUJi STOCKS r. sivanithy LAST Friday's Hock Lock Siew column touched on the market's lingering inability to come to grips with a proper valuation of technology stocks and the possibility that, unless "Old Economy" valuation methodology returns, volatility will stay high and markets will continue to
      781 words
    • 705 6 Rising war fears behind slide; yen gradually recovers from early losses AFP [HONG KONG] Many currencies in the Asia-Pacific region weakened against the US dollar, some sharply, as fears grew of a US-led attack on Iraq, but trading was light as markets observed the
      AFP  -  705 words
  • 47 6 UNIT TRUSTS FUNDS LtGtMO- Al pncas mn mkcjovt exccpt tar Ex Knggtt Awtv kMdty Uvwsfia* I furrowty Fooeed Lower Low *0 •Mum Risk. A Mwftum to High RMc Mrtwr Hafc<opwiw»d»d. wbdlmnoii of urrts. After Mbdnmon o* unrtv V «twr stock spirt >LA- Hon DMfcng Day; Hoor Pntr«o»ls
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  • Page 6 Advertisements
    • 107 6 Market Notices BRILLIANT Manufacturing Ltd will hold its AGM on Feb 28, at 10.00 am, 21 Übi Road 1. DATACRAFT Asia Ltd will hold its AGM and EGM on Feb 27, at 2.00pm, The Regent Singapore, 1 Cuscaden Road. JADE Technologies Singapore Ltd will hold its AGM and EGM on
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  • CHINA focus
    • 444 7  -  By Loh Hui Yin FROM day one, micro-chip foundry SMIC has been in a hurry. In September 2001, a year after it broke ground, SMIC went into pilot production at its Fab 1 in the Pudong New Area Zhangjiang Hi-Tech Park in Shanghai. It became
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    • 961 7  -  IT professionals from different parts of the world are flocking to the city, reports Loh Bui Yin Loh Hui Yin THEIR friends said they had gone bonkers, giving up cushy jobs with established chip makers for the unknown a new chip start-up located in Shanghai, a city they
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  • Page 7 Advertisements
    • 344 7 T \*WM A v g g 1 rj 3| SH^^f 111 3 ■^>; 5 v af SIR SVS ifflKl |r Indulge in love's best treats this Valentine's Day and fall in love all over again. Aromaz Bakery and Deli Keyaki Japanese Restaurant Tip the scales of love in your favour
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    • 20 7 for the business processes of the future. fNOW FROM WEDNESDAY TO WEDNESDAY MARCH 12 19, 2003 IN HANNOVER, GERMANY www.cebit.de
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  • MAIL bag
    • 380 8  -  Matthew Wong Manager Public Affairs Central Provident Fund Board WE refer to "Review need for CPF investment agent banks" by Steven Tan Peng Huat (Mailbafi, Jan 30) on the issue of attendance at meetings of listed companies by CPF share investors, and the need
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    • 505 8  -  Kenneth Tang Portfolio Manager Credit Agricole Asset Management Singapore Limited Singapore WE refer to the report "Small-caps seen as safer havens if war breaks out" (BT, Feb 4). Investors are still uncovering good investment opportunities in the small and mid-cap sectors in Singapore. Mid-cap stocks
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  • Page 8 Advertisements
    • 375 8 I 1 I p^^/ Send a little message to a love that will leave no room for doubt. This sweet little cake* comes beautifully packed in w a transparent plastic box emblazoned with the message "I Love You". If that isn't a direct enough hint of your sweet feelings, then
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    • 104 8 Celebrate the Lunar New Year with our range of Set Menus catering to all budgets and group sizes. From 118 for two persons to $688 for ten persons. Daily lunch and dinner. From 2 to 15 February 2003. P* '*rwr en tine's 2)ay Gandfe 6 <se/ Dinner $2S/ nettper pax
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    • 118 8 Lunch 11.30 am 2.30pm Japanese Bento Sushi X? Delivery I sushi Ji Japanese Bento coll 6253 077^ Weekdays $*5-90" (AM) $12.90" (CkOd u jrr* ft Mow) Weekends k Public Holiday •SS.9O" <A**> $15.90- (CkUujntkinr) Coll 6324 0218 for reservation rZ £>i£4 452 Pagoda Street (Nor to Chiiatowa Indun Tftnpk) All
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  • REGIONAL news
    • 578 9  -  Snch&rt Jaovisidha is new finance minister; Somkid named a DPM From Harish Mehta in Banakok THAI Prime Minister Thaksin Shinawatra removed his finance minister both because of his failure to work closely with other ministers, and over tax breaks that would have led to massive revenue
      REUTERS FILE PHOTO  -  578 words
    • 358 9 KUALA LUMPUR A spin-off wonld be boost to local bond market, he says Reuters MALAYSIA'S corporate mergers in 2003 are likely to surpass its impressive record in 2002, with the telecoms, banking and property sectors providing the main sources of tie-ups, the
      Reuters  -  358 words
    • NOTEBook
      • 120 9 AFP [BEIJING] China is hoping to cap unemployment at 4.5 per cent this year, but is expecting an uphill battle as the number of jobs it can create is far less than the demand, state media said yesterday. The government is facing a three-front
        AFP  -  120 words
      • 83 9 Xinhua [BANGKOK] Thailand's tourism revenues are expected to exceed 300 billion baht (5512.2 billion) last" year, as the number of tourist arrivals in the country reached over 10 million. Thai Farmers' Bank Research Centre said yesterday that there were 10.78 million tourist arrivals in the
        Xinhua  -  83 words
      • 84 9 AP [MANILA] Philippine President Gloria Macapagal Arroyo promised on Saturday that her government will do everything within its power to keep foreign exchange rates stable after the peso tumbled on Friday to a two-year low against the US dollar. "We will do all within
        AP  -  84 words
      • 73 9 Bloomberg [SHANGHAI] China's aviation authority said it will allow domestic airlines greater leeway to increase airfares as the cost of oil pushes up ftiel prices, the Civil Aviation Administration of China said. Chinese carriers will be able to raise their airfares by as much
        Bloomberg  -  73 words
    • 299 9 KUALA LUMPUR Bloomberg MALAYSIA'S central bank will probably reduce interest rates by as much as 50 basis points in the first quarter to boost the economy, analysts said. A rate cut may help spur spending in Malaysia as it strives
      Bloomberg  -  299 words
    • 147 9 ■PEKAN Bernama MALAYSIAN Defence Minister Najib Tun Razak said yesterday that Malaysia has the right to place its assets on Pulau Batu Puteh because the ownership of the island is still under dispute. Pending the World Court's decision on the
      Bernama  -  147 words
    • 596 10  -  BTia'mmwj A holding firm to run operating firms, an equity trust to hold their shares From Shoeb Kagda in Jakarta IN another attempt to hammer out a debt restructuring agreement with Asia Pulp Paper Co, a group of 11 export credit agencies (ECAs) owed
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    • 334 10 HONGKONG 1.55b shares sold at HK$2.l9 apiece in the world's largest IPO this year Bloomberg SINOTRANS Ltd, a unit of China's biggest air freight forwarder, raised HKS3.4 billion (***** million) in the world's largest initial share sale this year, pricing its stock at the
      Bloomberg  -  334 words
    • 366 10 HONGKONG Reuters HONG KONG'S telecom giant PCCW Ltd, fresh from a failed takeover bid for UK carrier, Cable Wireless, yesterday declined comment on a report that it was in talks to buy Japan Telecom Holdings Co Ltd. "We do not comment on
      Reuters  -  366 words
    • 364 10 SHANGHAI AFP In the global competition to erect the world's tallest building, it seems New York could upstage Shanghai's grandiose ambitions. A week ago. China's thriving eastern metropolis was gearing up to resume construction on what was billed the world's highest skyscraper, surpassing the
      AFP; AP  -  364 words
    • 166 10 BEIJING Reuters CHINA yesterday reported a 13 per cent year-on-year surge in tourism revenues from the week-long Lunar New Year holiday which annually triggers the world's largest mass movement of people. Trains, commercial flights and highways were packed this weekend as
      Reuters  -  166 words
    • 741 11  -  ASEAN Lessons from the S'pore-KL, Thai-Cambodian disputes yang razali kassim N a column on New Year's eve, I voiced some trepidation over what could be in store for 2003.1 had predicted an explosive year for the region, but never did it
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    • 280 11 Reuters [SHANGHAI] Taiwan is considering whether to allow its currency to be directly traded against that of its political rival China for the first time in more than 50 years, an official mainland newspaper said yesterday. The central banks of China and
      Reuters  -  280 words
    • 649 11 Drive for greater economic ties conflicts with independence aim AFP [TOKYO] Taiwan's relationship with mainland China has become increasingly ambiguous, with its desire for independence at odds with the drive for greater economic integration, experts on cross-strait relations said at a recent
      AFP; REUTERS  -  649 words
  • Page 9 Advertisements
    • 470 9 APEX-MBA (Asia-Pacific Executive MBA) And we're not talking The NUS APEX-MBA focuses on the fastest growing region in the about the DTOfeSSOf world the Asia Pacific. It devotes its curriculum to traditional and leading-edge management thinking, as well as new and emerging body of knowledge on this region. It offers
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  • Page 10 Advertisements
    • 28 10 ..v WWf' I i Your car will warn you before.: they do. To obtain more detailed information on the Vision of Accident- fr ee D'ivmg visit www daimlerchrysler.com.
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  • WORLD news
    • 435 12 WASHINGTON Move to meet airlift needs ahead of possible war with Iraq Reuters, AFP AS PART of its preparations for a possible war with Iraq, the Pentagon said on Saturday it was activating a rarely used programme that would mobilise scores of US
      Reuters,; AFP  -  435 words
    • WORLDWatch
      • 96 12 Reuters [WASHINGTON] US consumer credit outstanding posted its biggest drop in 12 years in December, capping the slowest year for credit growth in a decade, the Federal Reserve said on Friday. It said consumer debt fell by US$4 billion in December, the largest drop
        Reuters  -  96 words
      • 110 12 Bloomberg [TOKYO] Japan set guidelines on Friday for firms returning to government control the public portion of their pension funds, requiring that 90 per cent of the stocks they hold be listed on Tokyo bourse's first section. The government will also ask firms to adjust
        Bloomberg  -  110 words
      • 109 12 AFP [LONDON] The British government will decide in June whether to recommend that Britain should adopt the euro, Chancellor of the Exchequer Gordon Brown said yesterday. In an interview on BBC television, Mr Brown denied a report in the Sunday Times that he
        AFP  -  109 words
      • 120 12 LAT-WP [LOS ANGELES] Today, three corporate jets owned by ailing media giant Vivendi Universal will go on sale as part of an ongoing effort to cut lavish perks. Air Vivendi includes one Gulfstream V—the gold standard for corporate jets—based at Burbank (California) Airport. Also for
        LAT-WP  -  120 words
      • 70 12 Bloomberg [NEW YORK] Merrill Lynch Co, the biggest securities firm by capital, said Robert McCann, its head of research, is resigning. Mr McCann, 44, joined Merrill in 1962 and was named head of research in chief executive officer Stanley O'Neal's first management overhaul in October 2001.
        Bloomberg  -  70 words
    • 253 13 LONDON THE British Broadcasting Corporation (BBC), affectionately known as 'Auntie', got a new look last weekend with the launch of a new digital television channel aimed at winning back young adult viewers. The BBC says it is sinking almost £100 million
      253 words
    • 449 13  -  Body's council prepares statement to allay US pharmaceutical firms'fears From Ravi Kanth in Geneva THE US' commitment to reach a global consensus on relaxing drug patent rules faces a litmus test at the World Trade Organization today, diplomats said. The
      449 words
    • 43 13 Reuters [CAPE TOWN, South Africa] Performers dressed as zebras taking part in the opening ceremony of the Cricket World Cup here on Saturday. The tournament, which is also hosted by Kenya and Zimbabwe, runs until March 24. Reuters REUTERS
      Reuters; REUTERS  -  43 words
    • 914 14 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices hit new two-year highs while gold prices soared to levels not seen for six-and-a-half years last week as markets followed each and every development over Iraq. GOLD: Gold prices soared to levels not seen for six-and-a-half years as geopolitical tensions
      AFP  -  914 words
    • 63 15 Reuters [TOKYO] Puppies running side-by-side on a doggie treadmill machine during a workout at Ken2l, a pet store, pet health food vendor and pet hotel here. As Japan undergoes a pet boom and obesity among pampered dogs becomes a problem, the treadmill, followed by a soak in
      Reuters; REUTERS  -  63 words
    • 302 15 U NEW YORK Sprint Corp says auditor sold tax shelters to its execs NYT ACCOUNTING firms' close ties to companies have been criticised for more than a year, but regulators and lawyers are now examining the work that accountants do for executives.
      NYT  -  302 words
    • 190 15 Reuters [TOKYO] In a rare move, Canon Inc is planning to bring the production line for low-end products such as cameras and printers back to Japan from overseas as early as the 2004 fiscal year, Japanese media said yesterday. Company sources were
      Reuters  -  190 words
    • 362 15 Potential liabilities and embarrassing exposes likely to be prevented this way Reuters [NEW YORK] Another chill wind is blowing through America's boardrooms as directors take a colder, harder look at the professional and personal histories of their peers and the executives who
      Reuters  -  362 words
    • 530 16 LONDON US regulator on the lookout for wrongdoing by foreign companies Reuters A TOP US securities regulator last week questioned suggestions that European firms were better behaved than their tarnished American counterparts, saying European regulators had no better defence against fraud. Steve
      Reuters  -  530 words
    • 384 17 AFP [LOS ANGELES] War with Iraq will not be allowed to derail the most important event on the US entertainment calendar next month's Oscars ceremony in Hollywood, industry sources said on Friday. The Oscars are usually the second-highest-rated US
      AFP  -  384 words
  • Page 12 Advertisements
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    • 18 12 n*T¥*n S Lianhe Zaobao w I Construction I I I ass I I Asmsw*? I S I 3K.
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  • Page 13 Advertisements
    • 22 13 u.s. moksSomi IjueuisiHtsm <I n 1.1 liliWwWW-./ InZßti tdUOnm fpf StlNfy LOMI nchnotogy), US 'Vtrmtna conations app* ymmr f i 1 "jJ
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    • 89 13 J Quality gift ideas from Jobin J y Reward this special moment of your LIFE m V with our timeless collection V m c fifty la/enfme mft er it/i uMc 5 V 50% I 9 I* f w vv V HotlineTN Z Z3O3HVJD JOBIN STUDIO LINE |J itADiTioN*! «m «wo
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  • 852 14 FINANCE COMMODITIES Week ended: Feb 7 SOWIAPOKEQOTBRMMBMTSBCUErnBgnroiCATnnB PRICES AMP YIELDS Mm MM t—tmm mmwi Mi ttm m mm umtmm M—Hi e»o ttm m mtm 7YR 2.25 0H|r-03 *****00S 0.93% 0.57% 100.10 100 23 SYR 4 0Hlar-07 N*****0C 150% 1.49% 109 J 109.05 7YK 2.5 15-JM-03 «*****0f 0.75% 0.60% 100.6 100.65
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  • 1470 14 SIOOM FUTURES Feb 7 tUMtt fatvn (Ctaing priccs) RSS1 (SctotsAq) dost Votaaw OfM Month M# Lot Sett (tonnes) Mmtt Mar 03 165.00 Ayr 03 169.00 May 03 169.00 Jm 03 169.00 KSS3(VScMti/kQ) VolMM OfM Moot* Mfh Low Sott (tonMs) tatemt Mir 03 9*50 9450 9450 500 1975 Apr 03
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  • Page 15 Advertisements
    • 394 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ANG CO PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308( I) of the Companies Act, Cap. 50, a Final Meeting of the Members of the
      394 words
    • 273 15 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTER Of KAI YEUNG DEVELOPMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE Of PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50. that the final Meeting of the members of the
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    • 380 15 THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF LOMOND SHIPPING SERVICES PTE LTD MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of LOMOND SHIPPING SERVICES PTE LTD convened ond held at 78 Shenton Way #12-03 Singapore *****0 on 4th february 2003, Ihe following resolutions were duly passed
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    • 438 15 IN THE MATTER Of the: companies act. cap. so AND CHEONG KONG HUP lift ENGINEERING (PRIVATE LIMITED tie Member.' Voteatary Win*ag L>» At H E.straordiaars Geaeral Vict-tie* ofthr otapaas held el 32 Ihrtfl Drive. Singapore 535*41 ea the 7th dai or Eebraan 2U03. the following Special ■ad (Minn Resolutions were
      438 words
    • 165 15 restaurant 360 Valentine's Day Dinner 14th Feb 2003, Friday Set Menu at $80+++ (Includes a complimentary glass of Champagne) Every 14 th February, across the world, candies, flowers and gifts are exchanged between loved ones, all in the name of Saint Valentine. Enjoy Valentine's Day at RESTAURANT 360 with a
      165 words
    • 197 15 m m m Rabobank An organisation of and for people 3 t-' i I We are a Triple-A rated Dutch Bank with offshore and merchant banking licences, having a strong presence in varied activities of Corporate, Investment and Private Banking. We have a vacancy for MERGERS ACQUISITIONS SPECIALIST f lob
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  • 1160 16 The stock recommendation is the average of all the recommendations submitted RECOMMENDATION FORECAST by analysts following the stock. There is a total oi 29 brokers submitting recom- COMPANY NAME THIS WEEK LAST WEEK EPS (C) PE (times) mendations but not every stock is followed by aH the 29
    1,160 words
  • 588 16 BONDS WARRANTS Last M Chh Em o" Gear Si* Company Sst* —f- rooc bt» Price If ft ASTIW*****1 175 1 16 205 0-63 16 AanaLtdW*****6 2 05 5 1 SO 767 300 21 Amtek VMH0610 745 05 46 1 33 1 1.42 28 Armstrong W*****0 AS 1 10 91 1100
    588 words
  • 700 16 Week ended: Feb 7 X— w >■ awp fcA— 1 Om CMC Ui iJil .«830 IMMft Ml {DO 4M o«MaLMi i-H i<ac .oow ock tno ooso OMMCondJit to 9U> -OHIO OU* 051 S980 •00V («y0*»9k t« iw .00*0 PMM»N2k 0J9 0.750 .0 OOS OwM'flc OM II MB «m MRU
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  • Page 16 Advertisements
    • 189 16 *d£jg& SBHBBBMgk| v |MH w m*~ jpWWmF A > N |j*P- jgpm<nr m *4. «*lCit > L 1 s- T"^ I^Pl 1 9/ J9L BMlHBMiflaillßli /his Valentine's Day, declare your If your date is a die-hard sweet devotion with the most romantic and flowers are a tempting gifts ...THANN Aromatic
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  • Page 16 Miscellaneous
    • 227 16 CRYPTIC CROSSWORD capital assets (9) made for this (9) FRIDAY'S SOLUTION DOWN 15 HeU speak to a daughter on 4 2 Choose to make allusion to 9et-up with some hesitation Aerow.l LegK>nnaire, 9 Genpartang first (6) (9) darmes. 10 Recce, 11 Avenue, 13 3 About fifty always appear 16 Freedom
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  • 5818 17 Week ended: Feb 7 for live prices, log on to wuwxtsixvonemarketsjcam S2-Wk Last Vol «N«k Last Quote GrOw On GrYld MM MCao HMi l—r Ciw»n Sale W- CMW W* I—r l»o Mhr Cw HI %mi ABNAmroNLG 56c 12 14 1388 205 9 ACE Dynarr»cs20c 11.5 *0.5 52 115
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  • 66 17 w* t* M M MQmti OOn On GrVW MM MC» U» ri»)H) w> w- dw Ml L—r rn*m SAt Cw Eg >3 ***** 19 D«amonds U*****cd 5M J»0 ISOJUSTech U***** 5n 555 rs MSG Spore USSSS ***** S200 I5SAP500 US8270 ***** 8780 STOW U***** 1KB 1370 STI FIT
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  • 1542 17 U-Wk LM VM WMk LmIOkM* GrOn Dm GrTId MM MCaa I— riwmi Ml fll W# L— 8»yr M» CVr M W 72 M ABR Mldgs5c W «05 81 10 IS 9 11 113 245 IS APCMSc 17 .S »*Kh 47 18 17.5 16.5 18 5 115 1.4 7.4
    1,542 words
  • 336 17 B-Wk Last M IM Lai Omm* GrDw Ho GfTW MM MCjb W# law Cm»m Sat. W- PI M* L—i >nr S+M Cw M IIS 80 AVJ«*wigsA2S< A99 *25 397 99 5 96 5 97 99 40 3.4 10 1 5 8 213-1 Cathay Pac 20c MK720 265 2.1
    336 words
  • Page 17 Advertisements


  • Page 19 Advertisements
    • 333 19 s F-3 3 1 P THE WORLD'S V i MOST COMPAC T 1 V j ULTRA CRISP INKJET 1 i t t FAX FROM SAMSUNG THAT SAVES A ON INK AND CALL CHARGES AND HAS H LOADS MORE INTELLIGENT I OFFICE AT HOME AT A H i IS ALMOST TOO
      333 words

  • Page 20 Advertisements
    • 48 20 I Hutchison-Priceline Runs Oracle 9/ Real Application Clusters 9 Successful businesses worldwide run Oracle 9/ Real Application Clusters. oracle.com or call *****72 2531 Copyright 2002. Ortcto All ngtm rttwvwj Oriel* it rtgistirod tridomart of 0r«cl« Corporation ind/or its (fMotn Olhot nomot may bo tr»d#mirtj at twv rotpocM ownort
      48 words

  • SHIPPING TIMES
    • 313 21  -  Contributed by Simpson Spence Young THE main talking point was the sale of the Metrostar fleet of 19 tankers of Suezmaxes and Aframaxes, the fleet list is set out below. The buyers, General Maritime Corp, are reported to have paid anything between US$ 515 million and US$525 million,
      313 words
    • 270 21 MX '000 Fa»7 S$ V* CWT Distribution 0.70 unch 0 Chum Hup 0.45 0.01 1426 Cosco Invaitmant 0.19 unch 0 Fraigtrt Links 0.03 unch 50 G8 Holdings 0 59 unch 5 J«y« HoKflnqs 0.27 0.01 1843 Kappal Corp 3-68 unch 2582 K1 Ventura 0.14 unch 1770 Kappai Tala
      270 words
    • 644 21 USsBs.Bm loss dne to costs relating to takeover battles Bloomberg [LONDON] P&O Princess Cruises, which is being bought by No 1 cruise operator Carnival Corp, posted a fourth-quarter loss compared with a year-earlier profit on costs relating to takeover battles. The net
      Bloomberg; FILE PHOTO  -  644 words
    • 214 21 AFP [LONDON] A Panamanian chemical tanker and a British trawler collided in the Channel on Saturday but no one was hurt in the incident and no leaks were reported, British coastguards said. "A Brixham fishing vessel is now on its way back to Brixham
      AFP  -  214 words
    • 324 21 AFP [COPENHAGEN] An oil tanker belonging to the US group Chevron and loaded with 35,000 tonnes of light fuel ran aground in Danish waters, but no oil spill has been reported, Danish navy officials said. "We have seen no leaks
      AFP  -  324 words
    • 426 21  -  Ship's insurer posts 3m euro bond in nnusual move By Donald Urquhart [SINGAPORE] The Greek captain of the oil tanker Prestige that sank off the coast of Spain causing its worst ever environmental disaster was released from prison on Friday after the ship's insurer
      REUTERS  -  426 words
    • 204 22 PAGE Avant 8 B'tang Mas 5 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 ft Eng Lee 8 ESP
      204 words
    • 685 22  -  DOCKYARD -By David Hughes BACK in November, regular readers of this column may recall, I made the mistake of writing about the possible effects of the incident involving the tanker Prestige, at a stage when it was still afloat and there was
      FILE PHOTO  -  685 words
    • 11453 26 THEBU sinesstimes EXPORT ETA ETA Advertiser Vessel Voyage TMpiww ETA ETA Advertiser V«m Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Name Name Number Number 01/03 IS/03 MOL SAM RATULANGIPBI6 0053 ********** »f?i 3 D .r«urK nun. To BINTULU (BTU) 2051 Malaysia 17/02 03/04 China Shpg
      11,453 words
    • SHIPS IN PORT
      • 597 29 Vessel Voy No Berth Arrival Departure JURONG PORT MEGAH SATU 005 J25 A/SIDE 10/02 1200 PAROS V001 J8 A/SIDE 10/02 1800 PROS OCEAN 01 J9 A/SIDE 10/02 0600 RUBINEAGLE 49A J11 A/SIDE 10/02 0800 TIRTASARI 07/03 J10 A/SIDE 10/02 1000 VILLE D MARS (ct) N05C J18/19 A/SIDE 10/02
        597 words
      • 2189 29 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmtor A P MOELLER 0303 0303 **********00 12Q***** 1100 K12 ACX DAHLIA 058N 058N J 1102/2003 2300 1202/2003-0800 101 ACX RAFFLES 074$ 074S _J_ 11/02/*****800 11/02/*****800 MBUMUBf 305 305 1 1KBQ003-13JQ
        2,189 words
      • 135 29 Feb 11 Japan: Nat Foundation Day. Feb 12 Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Indonesia: Hari Raya Haji Brunei: Hari Raya Haji. Feb 13 Malaysia: Hari Raya Haji. Feb 22 Philippines: EDSA Revolutior Day. Mar 24 Brunei: National Day Mat 1 Korea: Independence Day Mar 3
        135 words
      • 787 29 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 averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        787 words
      • 494 29 Carton 180 Mai 963 8 0.4 6.1 0.07 37 0.04 Jm 30 Density (tot* Mix AUUhwww Sediment Mo above E2S 0 0 1 0 0 0 rrr. 380 Ave 983 9 02 03 0.05 22 0.02 ail 380 Ma 994.4 Z.0 182 0.09 S3 0.07 tf/irj
        494 words
    • AIR & LAND transport
      • 346 30 It filled half the seats on its Europe flights in the last three months Bloomberg [ZURICH] Swiss International Air Lines Ltd, Switzerland's national carrier, is looking at reducing its regional fleet to try to break even this year after losing passengers
        Bloomberg; AFP  -  346 words
      • 383 30 It is also seeking to cat labour costs by 22% AP [TORONTO] Air Canada is to sell sizeable stakes in its aircraft maintenance, ground handling and regional airline units and seek changes in work rules and other concessions from its 36,000 employees
        AP  -  383 words
      • 209 30 Reuters [NEW YORK] United Parcel Service Inc (UPS), the world's biggest package carrier, said it could temporarily ground 100 pilots as it struggles with a drop in deliveries in a soft economy, a company spokesman said. While the Atlanta, Geor-gia-based
        Reuters  -  209 words
      • 348 30 China, Taiwan markets behind 47% rise in cargo AFP [HONG KONG] Hong Kong carrier Dragonair said on Thursday it carried more than 295,400 passengers in December, up 25.76 per cent from a year earlier, while cargo rose 47.48 per cent to 20,100 tonnes.
        AFP; FILE PHOTO  -  348 words
      • 467 30 It hopes to produce 360 to 380 planes annually by then Bloomberg [FRANKFURT] Airbus SAS, the world's second-biggest planemaker, expects its production to rise to as many as 380 aircraft annually by 2005 after dropping with a decline in demand for air travel.
        Bloomberg; FILE PHOTO  -  467 words
      • LOGBook
        • 102 30 Reuters [HANOI] Vietnam Airlines passengers flying to the South-east Asian nation's ocean getaways have found one safety item to be an irresistible souvenir—an aircraft life vest to use while swimming at the beach. "There are many flights from which 16 to 20 life vests have been
          Reuters  -  102 words
        • 67 30 Bloomberg [LONDON] easy Jet, Europe's largest low-cost airline, carried 44 per cent more passengers last month than a year earlier after it added routes, easy Jet flew 1.5 million people in January compared with 1.04 million a year earlier, including passengers on Go Fly, which
          Bloomberg  -  67 words
        • 103 30 Bloomberg [SEOUL] Asiana Airlines, South Korea's second-largest carrier, rebounded to profit last year from a loss the year before as an economic recovery helped spur more people to travel overseas. The airline reported net income of 194 billion won (*****.18 million) for last year, compared
          Bloomberg  -  103 words
      • 1969 30 cm w n* fuaw no ubtm 1545 on 2255 MM* 8*7381 1840 8*7382 21S0 »>» LJfJT" 3f§l IMC Qft2 2150 LH779 1650 LH9766 2350 S035 0655 HUM 2130 SWOB? *£i i2m ?IM ,fri? rrr: ,IC S***** kso mm 2359 {J2 SO* 2345 U73M #25 ****** 2359
        1,969 words
  • Page 21 Advertisements
    • 14 21 BACK PAGE Swiss Air mutts cutting fleet Airbus expects growth in output by 2005
      14 words
    • 94 21 MP JF 4 >^S|hjke;^ H 9 i p^pmHi -WV""»- <• jjEU^ ="><*> '.«s*»*. >,«*■--;• r >1 ~<•* -sm AgiU, adujitnMib amphfcioui. On land and an saa, MOi. sets Mw pace wMi *wifr, iot, ftofv contoiow n r i^f'Hlfes?" Hml Offle« Tokyo. Japan BH Singapore Mitsui O.SJC Unas (Singapore Pit. H|
      94 words

  • Page 22 Advertisements
    • 809 22 1 TO USA/CANADA I 1 EXPORT I OTHER DESTINATIONS I [rasa VOT rn Ira SW|IOWGKACh| poms [housiom [■Hrws|o<U6o|l«WTotK|| II TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQUfTHtIUJIOS 43E07 OMIT 14/07 03/03 07/03 10/03 01/03 01/03 11/03 ««n VOY I ETA S* I KG m am —SW> fl AM OOQWUiN 578* 11/0? 19/07
      809 words
    • 649 22 lines services represented by Accredited Ag.*. l *8" to Snggpore Shipping Association Association CONTAINERS/ Xov I CONVENTIONAL CARGO rotl KLANG/SMGAfOtI/IMUUnk lIANGKOK VIJV CTAPKL KTASIN ETA MALE Prtomw uh en JM! r?* bkto Kmprrs. IJh en IMS 17 W Sin UIJ MAKINK SKKVKKS SIN<.APORK PkMr «i 4 Ttmmama hu: cmtni St
      649 words

  • Page 23 Advertisements
    • 1244 23 TO EUROPE FROM EUROPE visa vor sw ar raw w w mm uh llvesa vor nw am ham wv sou w sw MIUMMMH 312W 10/0222/02 20/02 02/03 04/03 26/02 MttnOCMY 004E 21/01 14/01 26/01 77/01 12/02 API HONG KONG 103* 13/02 05/03 07/0303/03 APIDBMUW* 10C 23/01 25/01 22/01 12/02 MANKEDN
      1,244 words
    • 1963 23 DIRECT CALL TO COLOMBO 4 DAYS GQBUI IMS M SBKAFOBf: M tOOMSON >0 *17-00MUS/HCS IH: A47OSOS//4)FAIL 47J05J71/J4I COSTAR SHIPPING PTE LTD WGAraKMMn oi»twmo«o/u miuw »nia?s/n I bimmb imk ~m« ai»II7I7WMOM IE: 4774 1000 (MAM) MWAM (»/0) *****7U 47MSJI1/01 I BANDAR ABBAS 12 DAYS TVVWV T/SMfOIF *****17S 47J*****/44 I JONOTS OffW
      1,963 words

  • Page 24 Advertisements
    • 863 24 HYUNDAI MERCHANT MARINE CO., LTD. HoNupogo: wwwJnm2 1 .«mi CR NO. **********0H jvesa vdt r«l sou >» [wTwTm] wv~[ |vtssa vor sow ia w ant nan irv TT HTINOtPMOOKI 317W 10/02 04/03 26/07 70/07 01/0) NOl PRIORITY OMT 74/01 25/01 70/01 17/01 04/02 ATI HONGKONG 103W 13/07 07/03 04/03 M/
      863 words
    • 1347 24 WAN HAI MTERNATIONAL PTC LTD ano V"T iiip#> l«:*»lSli (14IMS) FAX:*****163 yNN\WAN HAI LINES ssasajssswsssa-. Y IW) 81WO ML (VBSIWII 9B IU1) SfMTS ML |Ull JW1714/ OTI JOS L B. (071) S7S4IBML (Kll *****8 WUH; 7IUM/7IUII ML *****f WWW.WWI.t-.>; ■_g-tMI|<lS/IMLaH|4ISWB/4ICTW it uo MM I n|i* ran ws no rw rws
      1,347 words
    • 618 24 WEEKLY EXPRESS SAILING SCHEDULE AISO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS vcsa vot s« mtm comma mw rmn—i HUH WIS Mfß MFB UFB 13 fB ItFB HOWmißOtt OIIN UFO I? fa It IB HFB 77F8 tismsm sou* i?fb Ufa nw ufb timi TOMBWIOW MM MFB Ttfß 17MM tilMl
      618 words

  • Page 25 Advertisements
    • 1063 25 IVtSStI VOV KHH HKO I SIN I PKL DXB 6A6 DM* BBC M.V. UNDAVU PA 11/01 13/02 16/02 17/02 24/02 2S/02 06/03 00/03 MAN KERMAN PCI -299 19/02 20/02 23/02 24/02 03/03 27/01 12/03 14/03 IRAN ISFAHAN PCI 300 23/02 26/02 01/03 02/03 09/03 10/03 It/03 20/03 WAN HOAMOZOAN PCI
      1,063 words
    • 479 25 Ifln I ||jw^^Hi| UK CONTINENT SERVICE Loadngtor ORIGINATOR RDM/ATW/BMMAJK/NAN MIDDLE-EAST SERVICE Loading for MADRE DBI/ABU/DOH/BRN/DMM/KWT MARITIME FAITH AON/HDO/JOH VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT *Loads Singapore. E/W. Matayse. Indonesia USA SERVICE Loadng lor NAUTIC CONFIDENCE CAM/NFK/SAV/NOL •Loads E7W Malaysia. Indonesia F.E./S.E.A. SERVICES S pore Loadng tor MARITIME VICTORY INC/BSN 'Loads E Malaysia. Indonesia
      479 words
    • 1029 25 Jlssa w jm ESI JSSSE m 7» w/oi m/oi pacoau x/oi ~UA*A mm 30/01 31/01 JKMM oig 1 PAt OAWPA 0074 M Qi/f1 07.-01 fttUU U2l OA/B? ~S^T~ lANDA 9Sm M/W 03 0? P>CBWAM 1147 W/> 1 .mum mm (x/oi im.O; PAfOAWOA M"N OS 0? 0« 02 iKj»l '7 pa(
      1,029 words

  • Page 26 Advertisements
    • 343 26 1^ K YQ WALI NE V«l Vmy Mm P>im >d|w O— Yi» K«m TnA Nliwl Kwr— IM— Colifernio Senotor 951E 11/02 20/02 26/02 27/02 California Senator 951E 11/02 26/02 08/03 10/03 11/03 London Senator 954E" 18/02 06/03 12/03 13/03" London SenatoT 954E" 18/02 12/03 23/03 25/03 27/03 London Senator 954E**
      343 words
    • 188 26 BREAK-BULK CONSOUDATO* SINCE IWJ TO COLOMO MIMBBAI CALCBTTA YIZA6 COLOMBO 07 FU EMPRESS JAU 00 FEB CARRIER IMMMjjjMMB Ufß H6HTEI BOMBAY WAKASA 21 FEB MUMBAHUNOU heavy unirro 130 ws SfMoai rates foe Sowntinbcr Praitcf $iti hpir Product! ioro ESP LINES NEW WEEKLY LQ SOVKI TO LAGOS VESSa SAAWG EVHY THURSDAY
      188 words
    • 256 26 CWT GLOBELINK PTE LTD 1 W own otncci m. TEL: 62 2 5 1833 (36 LINES) FAX:*****742 m SYDNEY MILBOUBNC UNANG POUT KCLANG MM GUDANG KUCHING BANGKOK KARACHI BOMBAY NEW DfIHICOIOMBOHO CHI MINH CITYHAIFHONGHANOIBBtMiNHAMBUKG TIANJIN QINGDAO SHANGHAI XIAMf N FUZHOU DALIAN XIAN BtIJING SHI JIA IHUANG CWT GLOBELINK presents World-Wide
      256 words
    • 68 26 M WINSTAR SHIPPING PTI LTD lEL *****77? FAX: *****007 (3 NO M*****0000C Sdkfs WMUt (Mm -W) 3 SAgi Waddy (MM. W«i M) LmAmi «t )wm| fort Laafaf at (mum Pwl Dwli Dw FQ/10/ KL (iiliimi i, (ammtmd (mft Door u Doot r— a T 1 CStf ma rL fW PHK
      68 words
    • 263 26 BSA x MYANMA BB FIVE STAR LINE (MysMMr NftiMMl UM) LmA* fir YaafM vissa vor sm m m rati CHM SHWI HAW S4W SU MGUI V3O4W SB M MALAYSIA: SOUSTtAD SHIPflttC A&OKIIS KUL 03 -*****300 PtL 03-*****101 KM: 04-*****02 BANK LINE (A wrwtt *< /U*«w W* Shippiag) I northbound to
      263 words


  • Page 28 Advertisements
    • 710 28 TlGtt IWDGf OSSN 14 IS/02 71 73/02 21 01/03 I natSHAM OSM 1111/02 2S 27/02 04 05/03 I Httl«Y 057* 21 72/02 21 02/03 07 01/03 I SHANGHAI EXP 05M 25 24/02 04 01/03 II 12/03 I TKitl IBPOt OS* 2101/03 07W/03 1415/03 I sm CM 1 pies KNOW* 122
      710 words
    • 769 28 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd L«v«l, Freight Links Express Logisticentre, Singapore *****3 *****511 Fax: *****577 E-mail: flesin@singnet.com.sg LCL SERVICE TO SOUTH AMERICA A POLAND SANTOS RIO DE JANEIRO GDYNIA BRATISLAVA BUENOS AIRES ITAJAI WARSAW RIO DE GRANDE MONTE VIDEO GDANSK FORTALEZA Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5579/5560/5563/5514/5553 PROJECT SHIPMINT
      769 words
    • 1155 28 //b |PDZ LINES I ff OiSIWMSBtVH: TEL #2-4121-SSH WL«-»217-«m I J__ SMGATOtfc TONC XX) SMTPWG m LTD taafc bidhyOifr n« n I CZZZ9EZIZ3 C3HC3CIZ3^m3 cwamg mm ii/i giswei sems 12/02 OMoa wnoa n/g earn mum iyt? osuwg or imb wm «wh sots 12/02 aa coos 12/02 am muoi n/02 gugg
      1,155 words
    • 231 28 [W199M35N BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI IVfSSB VOTMg TOSWGtfOM lUMIACHI IOUX ate mm JiM/02 02/03/03 M** SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/08 Apu Towv, Singapore *****5 T»l»phom: 6270 0977 II Facsimi*: 6275 2309 >il Talajc RS ***** SCAPAC DIRECT SIN NAMPO, D.RJL KOREA I
      231 words

  • Page 29 Miscellaneous
    • 136 29 /IIDE^ 2 jCj LEGEND: Issued by Meteorological Services Division, NEA R Thunderstorm A Showers /v\ Rain emperature C wind direction and speed in knots Weather Cloudy Day ..,Jj az .X, k Sea Conditions. Wind speed symbols I I ,gj 1 O Full circle w/o line indicates calmer light and variable
      136 words