The Business Times, 16 February 2005

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Microfilm: NL26116
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES SINGAPOREX^ *iQwncmmp^/business-times k asial .com.sg MICA (P) 023/03/2004 Wednesday, February 16,2005
    14 words
  • Article, Illustration
    Lock icon Asiatravel ex-CFO faces insider trading rap
    641 1  -  Joanna Yeo also accused of failing to disclose share transactions By KAREN HO [{SINGAPORE] A former executive of a listed company has been charged with insider trading barely two weeks after three other unrelated parties were accused of the offence. Yesterday, the former executive
    FILE PHOTO  -  641 words
  • Article
    Lock icon MARKETS DIGEST
    137 1 sn 2,163.39 (-1.54) ST INDEX FUTURES 2,158.00 (-7.00) simso 258.01 (-0.12) SIMSO FUTURES 257.90 (-0.10) MARKETS Tuesday Change KLSECOMP 921.31 +1.40 NIKKEI 225 11,646.49 +14.29 HANG SENG 13,995.83 -21.40 SET INDEX 736.91 +8.11 JAKARTA COMP 1,067.20 +16.47 MANILA COMP 2,090.10 +5.60 SEOUL COMP 968.88 +4.09 SHENZHEN B closed
    137 words
  • Article
    Lock icon CONTENTS
    47 1 TOP STORIES ...PG 2.3 COMPANIES... PG 4-7 MARKETS PG 8 SINGAPORE ..PG 9,10 ECONOMY PG 11 M'SIA/INDON.. PG 12 CHINA/INDIA... PG 13 ASIA-PACIFIC.. PG 14 WORLD PG 14,15 AVIATION PG 16 SHIPPING PG 17 EDITORIAL PG 18 LETTERS PG 19 MOTORING PG 27 MONEY PG 28-30
    47 words
  • Article, Illustration
    Lock icon S'pore, Indonesia to sign investment pact today
    602 1  -  Move expected to boost investments in Indonesia By CHUANG PECK MING [SINGAPORE] The Singa-pore-Indonesia investment guarantee agreement is a done deal. Officials on both sides have wrapped up talks barely three months after they started. The agreement to be inked here this morning
    TAN SUAN ANN/ST  -  602 words
  • Article
    Lock icon CPIB probe extended to staff of Citiraya suppliers
    583 1  -  By JOYCE KOH (SINGAPORE] Citlraya Industries chief executive Ng Teck Lee, earlier said to be on unrecorded leave, has left the country and is now uncontactable. At the same time, the Corrupt Practices Investigation Bureau's (CPIB) probe into the company's dealings has
    583 words
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  • TOP STORIES
    • Article
      Lock icon Bondholders seek JM for Bintan resort
      475 2  -  Move prevents receiver from selling resort, stalls Manulife petition By SIOW LI SEN [SINGAPORE] Bintan Lagoon Resort Ltd (BLR) bondholders which include DBS, POSB and the Inland Revenue Authority of Singapore (IRAS) have filed a petition to appoint a judicial manager for the company.
      475 words
    • Article, Illustration
      Lock icon BT writers bag SPH awards for corporate commentaries
      710 2  -  By CHEN HUIFEN [SINGAPORE] Going the extra mile to add value to their stories paid off for two Business Times journalists yesterday. In the Newscom Annual Awards 2005 organised by Singapore Press Holdings' English and Malay Newspapers Division (EMND), reporter Kenneth Lim
      CHRIS LOH  -  710 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      610 2 Chuan Hup, Jaya deals seen setting benchmark COULD the sale of Chuan Hup's marine assets to Malaysian jeweller Habib Corp, and the earlier sale of a 30 per cent stake in Jaya Holdings to Malaysian conglomerate Sime Darby set the benchmark for the valuation of other Singapore-listed offshore
      610 words
    • Article, Illustration
      Lock icon Smaller pre-IPO investors free to sell at offer stage
      663 3  -  SGX clears air on those having less than 5% stakes By WONG WEI KONG [SINGAPORE] Investors who buy less than 5 per cent of a company ahead of its public listing will be free to sell as many shares as they
      663 words
    • Article
      Lock icon Bids from over 20 players seen for integrated resort
      496 3  -  By ALEXANDRA HO [SINGAPORE] By the time the Feb 28 deadline comes around, more than 20 players are likely to submit concept plans and investment proposals for an integrated resort that could include a casino, industry sources say. Although the government
      496 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      254 2 'O on People? If the market buzz that this year's Budget will focus on the people of the nation materialises in the 18 February Budget speech delivered by Mr Lee Hsien Loong, Prime Minister and Minister for Finance, how will it affect the way you work, live and play? And
      254 words
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      80 3 TOYOTA Toyota hybrid technology: v 1 f i >£?,£-''• v£» Vv. I It's only natural. m J^HBr Hybrid Synergy Drive makes 1 fjftf T °y° ta was the very first to mass-produce gs j ng T W TodayPHra| hybrid technology are on the road. Hybrid Synergy^HHjilfl^Hj^^^^^^^^^^^^^Kota combines a gasoline engine
      80 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Chuan Hup, Jaya deals may set value for marine plays
      528 4  -  Analysts revalue rival offshore vessel charterers Ezra, Labroy upwards By VEN SREENIVASAN COULD the sale of Chuan Hup's marine assets to Malaysian listed jeweller Habib Corp, and the earlier sale of a 30 per cent stake in Jaya Holdings to
      FILE PHOTO  -  528 words
    • Article
      Lock icon Scomi raises RM145m for Habib purchase
      667 4  -  Institutional investors take up 89m new shares By S JAYASANKARAN in Kuala Lumpur DURING a Valentine's Day briefing for analysts, officials from Malaysian oil and gas company Scomi Group played it coy when asked how the company intended to finance its RM2OO million (5586.3
      667 words
    • Article
      Lock icon True test of NOL's mettle is on the horizon
      665 4  -  HOCK LOCK SIEW By DONALD URQUHART WITH the announcement yesterday of record profits reaching nearly a billion dollars, it is hard to believe it was only three short years ago that Singapore's Neptune Orient Lines (NOL) was adrift in a deep
      665 words
    • Article
      Lock icon Considering all options: What's a fair share?
      1101 4  -  By MICHELLE QUAH OCBC employees have the unique chance in Singapore to get a free stock option for two years and then, should they decide not to exercise the option, still earn interest on money set aside for that. OCBC Bank is believed
      1,101 words
    • Article
      Lock icon Peter Seah stands in as SembCorp CEO
      445 5  -  Current CEO Wong Kok Siew takes long leave after major surgery By ANGELA TAN PETER Seah, chairman of SembCorp Industries (SCI), will stand in as chief executive officer of the marinebased conglomerate as CEO Wong Kok Siew takes "extended leave of absence" after
      445 words
    • COMPANY BRIEFS
    • Article, Illustration
      Lock icon MAS deputy MD to leave end Feb
      228 5 THE Monetary Authority of Singapore (MAS) yesterday said deputy managing director John Palmer will leave at the end of the month on completion of his contract. The MAS also announced the promotion of three assistant managing directors to deputy managing directors. Mr Palmer,
      228 words
    • Article, Illustration
      Lock icon OCBC capital restructure seen
      390 6  -  FINANCIAL RESULTS Analysts also expect higher dividends, faster divestment By CAROLYN QUEK AFTER OCBC's better-than-expected performance for FY2004, analysts expect the bank to further restructure' its capital, step up its non-core asset divestments and also increase its dividend payout. Kim Eng Research saw the issuance of
      AFP; Source: Bloomberg  -  390 words
    • Article
      Lock icon JEL Corp reports 5.8% rise in earnings
      348 6  -  By JOSEPHINE TAY MAINBOARD-LISTED JEL Corporation (Holdings) Ltd, a distributor of photographic, fast-moving consumer goods, consumer electronics and IT products, yesterday announced a net profit increase of 5.8 per cent for the year ended Dec 31, 2004, to $6.6 million from $6.2 million
      348 words
    • Article, Illustration
      Lock icon Inter-Roller profit soars as airport projects grow
      293 6  -  By DALENA EE INTER-ROLLER Engineering Ltd an international engineering corporation dealing in airport and industrial logistics systems saw its net profit surge 56 per cent year-on-year to $10.3 million in FY2004. The group's revenue soared 32 per cent to $69.9 million in the
      FILE PHOTO  -  293 words
    • Article
      Lock icon Unisteel achieves rise in earnings, turnover
      218 6  -  By PEPPER LEE MAINBOARD-listed manufacturer Unisteel Technology Limited reported a 17.2 per cent rise in net profit to $27.2 million for the fullyear ended Dec 31, 2004, a rise from the previous year's $23.2 million. Group turnover for the manufacturer and supplier of precision
      218 words
    • OTHER RESULTS
      • Article
        Lock icon RSH posts 10% rise in third-quarter net profit
        81 6 MAINBOARD-listed RSH Limited's net profit rose 9.9 per cent year-on-year to $4.4 million for the third quarter ended Dec 31,2004. Its Q3 turnover climbed 19.5 per cent to $107.8 million. The company, which retails and distributes sports products, said profit would have
        81 words
      • Article
        Lock icon Full-year earnings jump 82% for Nippecraft
        107 6 NIPPECRAFT Limited, a specialist provider of organising tools, announced a net profit of $3.69 million for the full year ended Dec 31,2004, a jump of 82.3 per cent from the previous year's $2.02 million. Turnover rose 4.5 per cent year-on-year to $66.8 million, boosted
        107 words
      • Article
        Lock icon Advanced Holdings' earnings hit record $2.6 m
        108 6 SESDAQ-LISTED Advanced Holdings Ltd yesterday reported its best fiscal year performance in the company's history, reporting a net profit of $2.6 million for the year ended Dec 31,2004. This is a 35 per cent jump from $1.9 million the previous year. The company
        108 words
    • Article, Illustration
      Lock icon ComfortDelgro wants to be world's No. 1
      677 7  -  It aims to overtake America's LaidLaw via greater expansion overseas Reports by SAMUEL EE COMFORTDELGRO, the world's second-largest land transport group, is eyeing a pole position and plans to overtake American front-runner Laid Law in four to six years. ComfortDelgro says the route
      FILE PHOTO  -  677 words
    • Article, Illustration
      Lock icon SIA's passenger and cargo load factors go down
      462 7  -  By VEN SREENIVASAN SINGAPORE Airlines had a passenger load factor of 75.9 per cent in January as it carried 3.3 per cent more passengers during the month. But because of an 8 per cent increase in capacity, the load factor was lower
      Compiled by BT  -  462 words
    • Article
      Lock icon Transport giant in US$3m Vietnam taxi venture
      433 7 COMFORTDELGRO has embarked on a second joint venture in Vietnam by investing US$3 million for a 60 per cent stake in a Ho Chi Minh taxi project. The tie-up with former state-owned enterprise Saigon General Service Corp (Savico) will result in the creation
      433 words
  • Page 4 Advertisements
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      67 4 1 u 125 YO9I*S 0 |Ovor4OOlocrt Ask us about Corporate, Individual or Group Instruction, j m Call Berlitz today 6733-7472 or visit wwyn.berlltz.com 5 jj 501 Orchard Road *05-03/04 Wheelock Place Singapore *****0 5 IS ail, om iime; Outsourcing Services a Call Centre handling calls, enquires, feedback, customer a service,
      67 words
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      392 6 GOODPACK LIMITED (Incorporated in the Republic of Singapore) (Company registration: *****0547W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Goodpack Limited (the Company) will be held at 7 Harrison Road, #06-01, Harrison Industrial Building, Singapore *****0 on 4 March 2005 at 10.00 am,
      392 words
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      Lock icon Page 6 Advertisements Column 2
      45 6 .XXxXXXX X X X X X X X X rttftttf t r t t t f r t miiiinl ii k 11 ii ni iu Reavit from a wider audience lil99Rf|fn Cat MM 2M M 22 of email rmdtQspk.nm jf lor your mnntmttK iotubom 11,'iltiUII
      45 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      459 7 y c -f" M M, i wtp Save with these HP ProLiant BL3Op Blade Servers, powered by Intel® Xeon™ Processors, and attain an ideal mix of manageability and high-performance computing in a compact blade design. For the most spaceconscious environments and the greatest savings, get these HP ProLiant Blade Servers
      459 words
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  • Article, Illustration
    Lock icon Monetary policy issues form the key focus
    858 8  -  CURRENCIES Traders hold fire ahead of latest from the US, UK, NZ and Australia LARRY WEE Senior Correspondent AFTER the US dollar took them on a wild (and probably painful) roller-coaster ride over the Chinese New Year holidays last week, currency traders appeared
    858 words
  • Article, Illustration
    Lock icon BROKERS' TAKE
    509 8  -  Compiled by JOYCE KOH Neptune Orient Lines Feb 15 dose: $3.64 (+lO cents) Kim Eng Research, Feb 15 NOL posted a 120 per cent y-o-y rise in net profits to US$943 million, ahead of our forecast of US$732 million and market consensus of US$75O million. However, if we
    Source: Bloomberg  -  509 words
  • Article, Illustration
    Lock icon Mild dip amid ample liquidity
    388 8  -  STOCKS R IVANITHY Senior Correspondent AFTER rising 68 points in two weeks, it was perhaps asking too much to expect the Straits Times Index to continue its winning streak, especially with Wall Street turning in an ambiguous and uncertain Monday session. As it turned out,
    388 words
  • TRADES TO WATCH
  • Article, Illustration
    Lock icon STI looks headed for 2,200 and beyond
    325 8  -  CHART POINT By LIM SAY BOON OCBC Investment Research THE Straits Times Index has broken above its ascending wedge formation and appears headed for 2,1952,200. Indeed, the Singapore market has been generous with its hong bao favours all week. The index broke above
    325 words
  • Article, Illustration
    Lock icon Untitled
    420 8 OTHER SINGAPORE INDICES Feb 15 VALUE CLOSE BT OB/OS 83.00 -176.00 BT CADI -*****.00 -38.00 BT 10-day MA -*****.00 +8.00 All-SG Equities 560.63 40.16 SG Equities Elect 161.45 +0.76 SG Equities Fin 1665.92 -2.10 SG Equities Prop 545.28 +3.26 SIMSCI 258.01 -0.12 SiMSCI Futures 257.90 -0.10 MOST ACTIVE STOCKS VOLUME
    420 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Redas president re-elected
      442 9  -  2nd consecutive term for Pontiac chairman Kwee Liong Keng By KALPANA RASHIWALA THE low-profile chairman of Pontiac Land, Kwee Liong Keng, was yesterday re-elected president of the Real Estate Developers' Association of Singapore (Redas) for a further two-year term. Kheng Leong Company director Wee Ee Chao was
      FILE PHOTOS  -  442 words
    • Article, Illustration
      Lock icon Oasis Garden in Paya Lebar put up for collective sale again
      345 9 OASIS Garden in Paya Lebar is up for collective sale again, with a reserve price understood to be $48-50 million, the same as in the previous attempt in 2003. While the owners did not achieve their reserve price the
      345 words
    • Article, Illustration
      Lock icon Suntec chief exec, finance head to quit
      355 9  -  But GM for marketing is staying on By KALPANA RASHIWALA SUNTEC City Development (SCD) chief executive officer Wong Ah Long is leaving the group, along with financial controller Rudi Chuan. But staying on is general manager (marketing) Patrick Lum, who is expected to
      355 words
    • Article
      Lock icon Commodity brokers may get to pay less income tax
      412 10  -  Govt seen mulling 'expansion' of concessionary tax scheme By RONNIE LIM COMMODITY brokers may be in for tax breaks to help boost Singapore's international trading activities, including oil, industry sources say. The move could come via the "expansion" of the Commodity
      412 words
    • Article, Illustration
      Lock icon Koei opens $3m games devt studio in S'pore
      488 10  -  By CHEN HUIFEN JAPANESE games giant Koei Co yesterday opened its $3 million games development studio in Singapore, and has plans to double that investment to $6 million in three years. The entry of Koei is expected to give a boost to
      PHOTOS: ZAOBAO  -  488 words
    • Article
      Lock icon S'pore growth in Q4 seen at 4.8%
      438 10 Bloomberg SINGAPORE will probably say its economy expanded at a 4.8 per cent annual pace in the fourth quarter, double the rate initially estimated, as a surge in drugs production in December boosted manufacturing. The median forecast of 10 economists in a Bloomberg
      Bloomberg  -  438 words
    • Article
      Lock icon December retail sales up 2.2% y-o-y
      274 10  -  By JEAN CHUA SINGAPORE'S retail sales inched up 2.2 per cent in December 2004 from a year ago, after rising 10.3 per cent year-on-year in November. Total sales for the month came in at $2.64 billion, said the Department of Statistics (DOS) yesterday in
      274 words
    • Article
      Lock icon Four honoured as top managers
      217 10 FOUR local and foreign managers were honoured for their management skills at the Fifth International Management Action Awards (IMAA) yesterday. The -awardees were R Theyvendran, managing director of Stamford Press; Tan Pheng Hock, chief executive of Singapore Technologies Engineering; Thomas Chua Kee Seng, managing director
      217 words
    • Article
      Lock icon S'pore police buy Taser stun guns
      118 10 Bloomberg [NEW YORK] Taser International Inc, the largest US maker of stun guns, said it won its first order for the weapons from the Singapore Police Force. The purchase of 126 Tasers by Singapore is among four recent orders worth a combined U*****,000, the
      Bloomberg  -  118 words
    • Article
      Lock icon JC students tinker with S'pore Budget
      276 10 Ministry website lets them play finance minister TWENTY-NINE junior college students got the chance to play finance minister yesterday when they made use of "Voice Your Choice" a tool on the Ministry of Finance's website allowing users to make choices on how the budget
      276 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      587 9 l- lntroductton Course Benefits Information Session QPK|PHP F Following the successful launch of the STEP The award is the industry standard for A Foundation Certificate and Diploma programmes training in the international trust arena UCtl n y a e interested m in in 2001 STEP is pleased to r „f
      587 words
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      77 10 'he A'Fitter' Man This New Ye® jT Don t J ust be a better man, but a fitter one too at Urban Hon Come realise your new year resolution with body, face and spa packages at just $188* A k ■ml J 1 Bp jl Ad r m fetediaCorp Artiste
      77 words
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  • ECONOMY WATCH
    • Article
      Lock icon 3.6% US growth seen this year
      664 11 Economists raise forecast citing consumption and housing investment Reuters [NEW YORK] Economists have raised their forecasts for US economic growth in 2005 on expectations of strong consumption and residential investment, according to a survey by the Federal Reserve Bank of Philadelphia. Forecasters also saw
      Reuters  -  664 words
    • Article
      Lock icon Interim WTO deal offers only slight gains, World Bank says
      510 11 TRADE TALKS Reuters [SINGAPORE] Far from being a landmark, a recent deal reviving free-trade talks would yield only a fraction of the potential gains from removing all barriers to global commerce, a top World Bank economist said yesterday. When rich
      Reuters  -  510 words
    • Article, Illustration
      Lock icon Trading nations play for 'endgame' in Dec in Hong Kong
      465 11 AFP [GENEVA] World Trade Organization (WTO) member states said on Monday they were aiming to come up with an "endgame document" by the end of the year as they stepped up the pace of troubled global trade talks. Negotiators said
      AFP  -  465 words
    • Article, Illustration
      Lock icon Indonesia may post 5.2% growth in Q4
      402 11 Bloomberg Reuters Bernama [JAKARTA] Indonesia's y economy probably expanded at its fastest pace in almost two years in the 11 fourth quarter as the r cheapest credit since 1998 B spurred consumers to 1 increase spending on goods i including cars and mobile
      Bloomberg; Reuters; Bernama; AFP  -  402 words
    • Article
      Lock icon US retail sales decline 0.3% in January
      433 11 But purchases outside car sector gain robust 0.6% Reuters Bloomberg [WASHINGTON] US retail sales dipped 0.3 per cent in January, as expected, as automobile sales fell sharply, but purchases outside the volatile car sector gained a healthy 0.6 per cent, a government report
      Reuters; Bloomberg  -  433 words
  • Page 11 Advertisements
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      295 11 lb THE ASIAN BANKER SUMMIT 2005 ifct— iHi«ll— h ill IfBE K-r" vf An in-depth and hard-hitting session with the most influential H|||HU|m leader on the U.S. corporate ffiyntu teeetwiajufliu, governance stage today. ftnMrvieefteeMMtof ttoMtedSMasef America Disney. NYSE, Tyco, Worldcom What's "lllV0»tl»9 Hi tfct SsstalnaWltty Of really happening in boardrooms
      295 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Temasek set to reap rich returns from Indonesian coal mines
      644 12  -  Analysts expect 20-30% return, given industry's bullish outlook By SHOEB KAGDA in Jakarta TEMASEK Holdings' first foray into Indonesia's mining industry could provide the Singapore investment company with healthy returns over the medium term given the bullish outlook for the
      REUTERS  -  644 words
    • Article
      Lock icon KUALA LUMPUR STOCK EXCHANGE
      2232 12 vol FSBM 1.00 unch 7 M» *t- (*WO) FTEC Resources .0.39 -0.01 316 a a m dasihi c FurqanBus.Org. .0.37 -0.01 4781 A »M Realty .1.65 unch 0 Gadang 1.43 unch 1241 Abnc 0-56 -002 70 Gamuda... 5 20 -0 10 2544 -1-22 -°JZ 18 Generacorp.:::::.:::::::oi?
      2,232 words
    • Article
      Lock icon Rio Tinto keen on M'sian aluminium smelter project
      332 12 [KUALA LUMPUR] Rio Tinto Group, one of Australia's largest companies, is believed to be keen in participating in the proposed mul-ti-billion ringgit aluminium smelter project in Sarawak, sources here say, according to The Edge. Earlier, another Australian company, BHP Billiton, the world's
      332 words
    • Article
      Lock icon Pos Malaysia raises rates to curb 'dumping'
      464 12  -  By PAULINE NG in Kuala Lumpur A RECLASSIFICATION of mail and rate structures by Pos Malaysia should help curb international bulk mail senders that are riding "piggy-back" on the country's postal system and taking advantage of its far cheaper rates. In some cases,
      464 words
    • Article
      Lock icon Bank Danamon posts 57% rise in earnings
      173 12 Bloomberg [JAKARTA] PT Bank Danamon, Indonesia's fifth-larg-est lender, said 2004 profit rose 57 per cent as accelerating economic growth encouraged companies and consumers to borrow. Net income rose to 2.41 trillion rupiah (*****.2 million) in the year ended Dec 31, from 1.53 trillion
      Bloomberg  -  173 words
    • NOTE BOOK
      • Article
        Lock icon S&P to bid for majority stake in India's CRISIL
        131 12 Reuters [MUMBAI] Global rating agency Standard Poor's said it would make a 2.4 billion rupees (Ss9o million) bid to acquire a majority stake in India's CRISIL Ltd to expand its coverage of Asia's fourth-largest economy. India has seen a strong demand
        Reuters  -  131 words
      • Article
        Lock icon Hong Kong pro-Beijing and pro-business parties to merge
        114 12 Reuters [HONG KONG] The Democratic Alliance for Betterment of Hong Kong (DAB) is planning to merge with the business-oriented Hong Kong Progressive Alliance to buttress the influence of the pro-China camp in the territory, DAB Vice Chairman Ip Kwok-him told Beuters yesterday.
        Reuters  -  114 words
      • Article
        Lock icon Taiwan allows companies to invest in China brokerages
        93 12 Bloomberg [TAIPEI] Taiwan is allowing its securities companies to invest in brokerages in China, where the government is opening the door for overseas companies to buy stakes. Brokerages with a net worth of at least NT$7 billion (***** million) are eligible, the
        Bloomberg  -  93 words
      • Article
        Lock icon Vietnam to open country's second stock market in Hanoi
        97 12 AP [HANOI] Vietnam will open the country's second stock market in Hanoi early next month as the government works to speed the restructuring of state-owned enterprises, a government official said yesterday. The new stock market is aimed at boosting that city's
        AP  -  97 words
      • Article
        Lock icon Hutchison's full-year loss widens due to 3G costs
        96 12 Bloomberg [HONG KONG] Hutchison Telecommunications Australia Ltd, a mobile phone company controlled by Hong Kong billionaire Li Ka-shing, said its full-year loss widened on the cost of introducing high-speed wireless services. The net loss widened to A 5552 million (Ss7ll million) in
        Bloomberg  -  96 words
      • Article
        Lock icon Matsushita to hire 2,000 local China engineers over 3 years
        87 12 Reuters [TOKYO] Japan's Matsushita Electric Industrial Co said yesterday it plans to hire 2,000 local engineers in China over the next three years to bolster its development of products for the promising Chinese market. Matsushita, owner of the Panasonic brand
        Reuters  -  87 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon HKs fortune to shine in '05
      575 13  -  CHINA INSIGHT Optimism runs high as the Year of the Rooster is expected to boast strong economic growth JEAN cHUA Reporter Hong Kongers must be breathing a sigh of relief after the traditional annual fortune-telling ceremony last week delivered a relatively healthy prognosis for
      575 words
    • Article, Illustration
      Lock icon India's new policy tempts S'pore cellular firms to invest
      566 13 TELECOM MARKET Small base, strong growth balance fierce competition, tight profit margins [HONG KONG] The world's biggest cellular operators have just received an invitation to enter India's fastgrowing market, but it is far from certain they will come to the party
      REUTERS  -  566 words
    • Article
      Lock icon Foreign telecom operators slow to call on China
      461 13 Reuters [HONG KONG] There's at least one industry where foreign companies are not falling over each other to rush into China: telecommunications. A year after the country opened its multi-billion-dollar telecom services market to foreign operators, a host of challenges have limited
      Reuters  -  461 words
    • Article
      Lock icon Taiwan's SinoPac to merge with Int'l Bank of Taipei
      173 13 Reuters [TAIPEI] SinoPac Financial Holding Co is set to merge with the smaller International Bank of Taipei in what could be the first consolidation this year in Taiwan's crowded banking sector, papers said yesterday. The merged company would likely be the
      Reuters  -  173 words
    • Article
      Lock icon HKEx mulls delisting mechanism for GEM
      328 13 [HONG KONG] Hong Kong Exchanges and Clearing is considering introducing the mainboard's delisting mechanism into the Growth Enterprise Market, reported the South China Morning Post, quoting HKEx chief executive Paul Chow Man-yiu. Speaking on the first trading day of the Chinese New Year, Mr
      328 words
    • Article
      Lock icon Gas explosion in China mine kills more than 200
      292 13 AFP [BEIJING] At least 203 workers were killed after a gas explosion at a coal mine in north-east China in the worst mining disaster in the country's recent history, mining officials and state media said yesterday. Thirteen others are trapped underground
      AFP  -  292 words
    • Article, Illustration
      Lock icon HK Disneyland hotels start accepting bookings
      335 13 Bloomberg [HONG KONG] Walt Disney Co is taking reservations for two hotels at Hong Kong Disneyland seven months ahead of the theme park's opening and will charge some of the highest rates in the city. Rates at the 400-room Victorian-style Hong Kong Disneyland Hotel
      Bloomberg; REUTERS  -  335 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Peso, Philippine stocks take a hit day after Makati blast
      465 14  -  Phisix collapses in early trading but makes gains on mid-day bounce By AL LABITA in Manila FEAR gripped investors yesterday following Monday night's wave of terrorist bombings, igniting a new round of uncertainty in Philippine financial markets. The peso slumped
      465 words
    • Article, Illustration
      Lock icon BIDDING FAREWELL
      67 14 [NEW YORK] More than four decades after the assassination of former US president John F Kennedy, auctioneer Sotheby 's is now selling fine and decorative art items from Kennedy homes in Hyannis Port. Massachusetts. New York City. New Jersey. Martha's Vineyard and Virginia. The auction, whose preview featured
      REUTERS  -  67 words
    • Article
      Lock icon Krung Thai made 11.6b baht illegal loans?
      423 14 Central bank makes allegation, lodges police complaints AFP [BANGKOK] Krung Thai Bank (KTB) made 11.6 billion baht (*****.2 million) in what Thailand's central bank alleged were illegal loans. The quantum of the loans were disclosed as the central bank confirmed yesterday it has
      AFP  -  423 words
    • Article
      Lock icon Nomura, Rothschild tie up for M&A business
      439 14 Reuters [LONDON] Investment banks Nomura Holdings and Rothschild have formed an alliance in the merger and acquisition (M&A) advisory business, extending each other's clout overseas. The alliance will focus on crossborder M&A between Europe and Japan, allowing the banks to benefit from each
      Reuters  -  439 words
    • Article
      Lock icon Nymex announces plans to open London exchange
      342 14 Bloomberg AP [LONDON] The New York Mercantile Exchange (Nymex), the world's biggest energy futures market, will shift its Brent crude oil trading floor to London from Dublin to compete with the International Petroleum Exchange (IPE). Nymex president James Newsome said the group intends
      Bloomberg; AP  -  342 words
    • Article
      Lock icon Macquarie, Regency to acquire 101 US malls
      546 14 They'll pay Calpers US$2.74b in bid to grow in US market Bloomberg [LOS ANGELES] Macquarie Countrywide Trust and Regency Centers Corp have agreed to buy 101 shopping malls from the California Public Employees' Retirement System (Calpers) for about U552.74 billion to expand in
      Bloomberg  -  546 words
    • Article
      Lock icon Korea's Hana revises earnings for tax break
      359 14 Reuters Bloomberg [SEOUL] Hana Bank yesterday restated its quarterly and full-year results to reflect gains from a hefty tax exemption from its acquisition of loss-making Seoulbank. The Revision by South Korea's fourth-largest lender nearly doubled previously posted profits for the quarter ended December,
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  • WORLD
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      Lock icon Capellas does it again – dresses up firm and makes an alliance
      880 15 Capellas does it again dresses up firm and makes an alliance Turnaround artist may leave MCI with US$9m after Verizon merger and walk into top HP job LAT-WP Bloomberg [WASHINGTON] MCI Inc president and chief executive Michael Capellas could stand to make at least US$9 million after taxes if Monday's
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    • Article
      Lock icon Calpers told to invest in China and Russia
      328 15 Reuters [SACRAMENTO, California] Some Calpers board members said on Monday the biggest US pension fund should consider ways to invest in China, Russia and other emerging markets that failed to meet its investment litmus test. The US$lB2 billion California Public Employees' Retirement
      Reuters  -  328 words
    • Article, Illustration
      Lock icon Lehman's Fuld gets 33% pay raise to US$26.3m for 2004
      404 15 Firm's profit up 39% on investment banking and asset management Bloomberg [NEW YORK] 2004 was a record year for Lehman Brothers Holdings and it made sure that it was equally good for its CEO. The investment bank paid Richard Fuld
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    • Article, Illustration
      Lock icon Weill says Citigroup will be scandal-free: Alwaleed
      550 15 Bloomberg [DUBAI] Saudi Prince Alwaleed bin Talal, whose US$l3 billion stake in Citigroup Inc suffered as the company lurched from scandal to scandal for three years, said chairman Sanford Weill and chief executive officer Charles Prince assured him recently the worst is over.
      Bloomberg; BLOOMBERG  -  550 words
    • Article
      Lock icon Buffett, Soros hike their stakes in US cable TV firms
      469 15 Bloomberg [SAN FRANCISCO] Billionaire investors Warren Buffett and George Soros increased their holdings of US cable television companies, taking advantage of declines in stock prices to buy shares of the industry's top two operators. Mr Buffett's Berkshire Hathaway Inc doubled
      Bloomberg  -  469 words
    • WORLD WATCH
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        Lock icon AIG gets two new subpoenas
        119 15 NYT [NEW YORK] The American International Group said Monday that it had received two new subpoenas—from Eliot Spitzer, the New York attorney general, and the Securities and Exchange Commission. They seek information on nontraditional insurance and transactions that some companies have used to improve the
        NYT  -  119 words
      • Article
        Lock icon Goldman Sachs ups Martha Stewart stake
        153 15 Reuters [NEW YORK] Goldman Sachs Group Inc has become the top institutional shareholder of Martha Stewart Living Omnimedia Inc, a regulatory filing showed on Monday, while another big investor has dumped shares. Goldman Sachs held nearly 1.49 million Omnimedia shares as at Dec 31,
        Reuters  -  153 words
      • Article
        Lock icon Japan mulls changes to after-hours trades
        125 15 Reuters [TOKYO] Japan's top financial regulator said yesterday it was considering amending rules on after-hours trading after such trading sparked a surprise takeover battle for Nippon Broadcasting System Inc (NBS). The battle has raised questions over whether companies should have to announce a formal
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      • Article
        Lock icon GM warned of possible downgrade
        107 15 Reuters [DETROIT] General Motors Corp was warned of another possible cut in its debt rating on Monday, a day after the automaker said it would spend about US$2 billion to end its troubled alliance with Fiat Spa. Moody's Investors Service changed GM's credit rating outlook
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  • AVIATION
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      Lock icon Asia-Pacific travel set for strong growth in 2005
      761 16  -  Last year it grew 40% riding on higher intra-Asian travel and LCCs By VEN SREENIVASAN [SINGAPORE] Asia-Pacific travel grew at a record pace last year and looks set to continue galloping ahead at full speed this year, according to ticketing and distribution
      REUTERS  -  761 words
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      Lock icon Thai Air's Q1 profit rises 35%
      640 16 Robust sales and stronger baht help earnings growth Bloomberg [BANGKOK] Thai Airways International pel said firstquarter profit rose 35 per cent as sales climbed and a stronger baht reduced the cost of overseas debt. Profit rose to 5.72 billion baht (*****.3 million), or 3.11
      Bloomberg; AFP  -  640 words
    • Article
      Lock icon India defers decision on sale of airport stakes
      246 16 Bloomberg [NEW DELHI] India deferred a decision on the sale of stakes in the airports at New Delhi and Mumbai, the two biggest in the South Asian country, after ministers were unable to reach an agreement at a meeting yesterday. The panel
      Bloomberg  -  246 words
    • Article
      Lock icon Star Cruises, Valuair offer fly-cruise deal
      336 16  -  By VEN SREENIVASAN [SINGAPORE] As expected, Malaysia's Star Cruises has tied up with Singapore's Valuair to launch Asia's first fly-cruise packages to Bangkok. The package enables passengers to fly to Bangkok with Valuair, and cruise back to Singapore onboard the luxury vessel SuperStar Virgo.
      336 words
    • Article
      Lock icon M'sia Air plans route expansion in India, China
      166 16 AFP [KUALA LUMPUR] Malaysia Airlines is planning to fly to 18 new destinations in India and launch more flights to China within the next five years, a report said yesterday. The airline planned to fly to secondary airports in India such as
      AFP  -  166 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1930 16 9!? WWW WD 5K973 1940 SK972 2210 nasa AF8087 1855 LH9770 224S SQ5024 2225 SQ5024 1425 \m ***** 2245 2235 oiii ms osi 1855 SjH» gg Mhl SQ407 0710 ttT** ttMk 4N»«<*»d SQ461 1420 S0462 _0220 AJ480 0730 AU81 1355 AHKtardMI SO323 0645 KL836 2 330
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  • SHIPPING
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      Lock icon Congestion at terminals still a problem: NOL
      641 17  -  This will force shippers, shipping lines globally to adjust strategies By DONALD URQUHART [SINGAPORE] Critical terminal congestion around the globe that caused gridlock during last year's peak shipping season will remain a problem, forcing shippers and shipping lines to change business strategies, according
      641 words
    • Article
      Lock icon A depressing statement from IMO
      986 17  -  STRAIT TALK By DAVID HUGHES WHEN it comes to relations between the International Maritime Organisation (IMO) and the European Union (EU), there are two fundamental and linked issues which will not go away. One is the EU's predisposition to legislate unilaterally on shipping matters. The
      986 words
    • Article, Illustration
      Lock icon Storm-tossed cruise-liner docks in Italy
      360 17 Several injured as engines knocked out in heavy seas AFP AP (TOULON, France] A cruise ship carrying around 780 people docked at the Italian island of Sardinia yesterday after suffering a battering and a temporary breakdown during a major Mediterranean storm. Several people aboard the
      AFP; AP  -  360 words
    • Article
      Lock icon TRANSPORT STOCKS
      286 17 SGX 000 Fob 15 St Vol CH Offshore .039 -0.01 8633 ChuanHup .0.73 -0.05 ***** Coko Corporation 1.45 0.04 6732 CWT Distribution 0.70 -0.01 16 EzraHldgs 1.11 0.01 236 Freight Links 0 09 -0.01 1258 Grand Banks Yacht 1.06 0.01 10 Java Holdings 1.09 0.01 1888 Kf Venture
      286 words
    • Article
      Lock icon Mitsui OSK may buy more ships
      413 17 Bloomberg [TOKYO] Mitsui OSK Lines Ltd, Japan's second-largest shipping line, said it may order more ships than it had originally planned as Chinese economic growth boosts the demand for the transport of goods. Mitsui OSK said in March it will spend 1.16 trillion yen
      Bloomberg  -  413 words
    • Article
      Lock icon Myanmar bans four foreign shipping firms
      173 17 Xinhua IYANGON] Four foreign shipping companies have been permanently banned by the Myanmar authorities from doing business in the country for issuing fake documents in support of local people seeking to go abroad, the Flower News journal reported. The four companies and their resident
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      267 17 RE: INDIA SUB CONTINENT COLOMBO SECTORS BUSINESS PLAN 2005 Feeder Operators wish to announce the following Business Plan for 2005. RATE RESTORATION With effect from 01 April 2005, all SOC rates will be increased as follows: From Colombo to Goa/Mangalore and vice versa MINIMUM U5525.00/TEU From Colombo to Cochin and
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  • EDITORIAL & OPINION
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      Lock icon Mutual benefits in engaging Jakarta
      497 18 EDITORIAL SINGAPORE and Indonesia yesterday committed themselves to removing a thorn that has long festered in their bilateral relations. Prime Minister Lee Hsien Loong said that Singapore would sign an extradition treaty with Indonesia following his meeting with President Susilo Bambang Yudhoyono who is in
      497 words
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      Lock icon US in China-bashing mood
      1161 18  -  As the bilateral trade deficit rises, Washington officials turn once again to protectionism LEON HADAR Washington Correspondent AS the US trade deficit with China continues to increase, officials and lawmakers in Washington are once again in one of those all-too-familiar China bashing moods as protectionism aimed
      AFP  -  1,161 words
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      Lock icon Step-by-step approach to North Korean nuclear issue
      782 18  -  THE BOTTOM LINE FRANK CHING NORTH Korea's surprise announcement last week that it possessed nuclear weapons and would indefinitely boycott the six-party talks, immensely complicates the Korean nuclear problem and puts additional pressure on China as host of the multilateral talks to get
      782 words
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      Lock icon Make CEOs, CFOs fully accountable
      631 19  -  LETTER TO THE EDITOR Penelope Phoon Head, Association of Chartered Certified Accountants (ACCA) Singapore I REFER to the article by Michelle Quah, "Does S'pore need the Sarbanes-Oxley Act?" (BT, Feb 11). China Aviation Oil's losses of about US$55O million from speculative trades in oil derivatives
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    • Article, Illustration
      Lock icon Do cows and tennis balls stoke global warming?
      764 19  -  By ALISTER DOYLE Reuters COWS and sheep grazing in fields, joggers' shoe: or even the kitchen fridge could all be targeted under a new UN pact meant to rein in global warming. The Kyoto protocol comes into force today ii a bid
      Reuters; FILE PHOTO  -  764 words
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  • Article
    Lock icon Untitled
    1087 19 STRAITS TIMES INDEX STOCKS Stodt °>-9* S-dtn— m Ooa On—. Allgreen 50c CL28 1 090 NOC 244 3 640 *0100 BIHfitlUS20c 0 49 1 130 +0 020 OCBC 962 ***** <> 100 CapitaLand 149 2 370 *0.030 Parkway H 25c 0.72 1.650 +0.020 Chart SemiCond 26c 0 74 1.040 +0
    1,087 words
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      103 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btlettei«sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, fnd bear in mind libel
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      168 19 CRYPTIC CROSSWORD dresang' nn 10 Town council supporting YESTERDAY'S SOLUTION uuiiun small estate (11) 2 A better type of milking ma- 14 Warning about Tory leader's chine (3-5,6) strenoth(s) Wallflower, 10 Mate, 11 Signpost, 3 Current mp;i<;iirp<; whpn ic l i j a,r Taxi, Throwing, <-u rreru measures when 15
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  • Article
    Lock icon SINGAPORE STOCKS
    8344 20 SGX MAINBOARD Transaction date: Feb 15 ■at. si si w. c™ j u, ays, %ra Si ,*i V£ fiffiSSSg iP$ ,3 ,1 18 6 ,I 57 2 V 48 31.5 5834 A-Sonic 5c 39.5 -1 159 40 39 5 39 5 40 5N 97 OR ii nil 29
    8,344 words
  • Page 20 Advertisements
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      47 20 Audemars Piglet /jHHLe maitre de I'horlogerie depuis 1875 K9ff Available at: I Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. A 541 Orchard Road #17-00 Liat Towers Singapore *****1. Tel: 6238 6678 Fax: 6238 6676. internet: http://www.audemarspiguet.com Nge€ Ann c,ty Tet 67 1 6737 4648 uty Mall
      47 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6128 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tool out tail In USJ f bM lnd»« Oianga Change Oinq» Ch«nq« Change Owkh World irate fteBmmary 8641 0.0 1.4 -0.2 0l3 0.4 -O.t EAFErwfcailMw 800.9 0.1 3.7 03 09 0.9 05 Europe Preliminary ***** ~00 48 02 M 0.8 10 Paoftc 674j6
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  • Page 22 Advertisements
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      1476 22 I TO USA/CANADA HI I EXPORT I I OTHER DESTINATIONS PtO NEDU.OYD HOUTMAN 29E07 14/D2 I 04/03 '~M3 11*3 MB OVD3 IZ*3 (AWTTUU^ AgiAiXi 1 ZZjl PtO NBXIOYD KOBE 46E08 21/02 23*2 11*3 17/03 18/03 16/03 16*3 19/D3 S 1 LOS ANGBES EXPRESS 12E09 21/02 02*3 I 18*3 24/03 25*3
      1,476 words
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      76 22 UK CONTINENT SERVICE Loading for LOK PRATAP RTM/ATW/BMNAJK/NAN SPYROS B RTM/ATW/BMNAJK/NAN Loads Singapore, E7W. Mataywa, Indonesia MIDDLE-EAST SERVICE Loading for BEAUTY K ADN/H DD/J DH/AQA SEA UNITY DBI/ABU/DOH/BRN/DMM/KWT PANORMOS PRIDE HDD/JDH/AQA 'Loads Singapore, EL/W. Malaysia, Indonesia USA SERVICE Loading for HANJIN TAMPA VCW/VCB/LAX/MZL MARY H CAM/NFK/SAV/NOL 'Loads EVW. Malaysia, Indonesia
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      809 22 [wfAiu ■oao wma ws»/vor IMWII tBQHWB m km ta I I jkt I STIAITS VENTURE 04/DS IS 12 17/02 20/0? 25/02 21/02 02/03 STWTSVDfIUtt OS/05 IS 12 04/03 07/03 IsmircvßmiKot/os is 12 12/03 15/03 ftOBO CM VESSEL/VOY I UMPgT) I HBOWTW ITOK Kg Ml Ml I« I Hd» CTf -HAL
      809 words
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      823 23 MOl Combines a range of shipping modes to ensure timely, reliable services covering major ports in Noriti America, Europe, Japan, Asia, Africa 4 Oceania. Aiss Ktapt hrirt-Ask CafMS Ik I sußmstmtiiafimimßumanuaa' visit on our Home Page: www.molsin.com.s^ www.hombufflsud.toin <IBISaVKI(t»P0«T) Hctfcw: (65) 6222-2M3 pn SWWOtt MISMHI STWKY ■BSOUMK ABHAjr SW6AWM MtSMM
      823 words
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      Lock icon Page 23 Advertisements Column 2
      963 23 *21 SW JtT KG ICHH UK CTH IVS KSS£L VOY SIN JKT SUI HKG USW fUS lffwlllK W W _3/3_ 5/3 7/3 V 3 f/3 UffCSTOtt SO3S 20/? 73/? 24/2 1/3 5/3 4/3 HTWADtVOSTOK 155S V 3 5/3 10/3 12/3 14/3 H/3 l«/ 3 KMTCSHANGHAI 503s 21/2 3/3 4/3 ~vT~
      963 words
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      197 23 Qemartrans (S) Pte Ltd GEMARTRANS OPERATOR CODE "OT CR NO; **********0R "V PORROOWQkm: FAX 9MQAPORE *****062/*****802 *****061/*****110 KUALA LUMPUR (09)*****800 (03)*****102 3 SAILINGS WEEK TO HCM vgsa I vot I mi im CAPI CHARLES 044 C 20/02 ***** GUMRTRANS PIONEER 28N 22/02 25/02 COUKN GAH SO3N 22/02 2S/02 UUIN 196N
      197 words
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      Lock icon Page 23 Advertisements Column 4
      768 23 w siesta WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS rasa voy aw huhgl colomol n swva colomo~ um —mm mfb ufh hfb an km HYiao6t ootw rtust out fWHtfIUBT MHW 2IFB 02 MAI OS MAI Mm nm tOTArawm TTWOS* 07MAI 01 MAI 1?MA« 15MAI
      768 words
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      728 24 IAXAI wallenius wilhelmsen website: http://www.2wglobol.com [VESSEI |VOY 1 RAMP I HBGHT I SIN LK MAO HOW MIA SAY lAI ORF MYt NEW MOO I TAMER LANE 1 AT504 I 3201 mm MM I 16/02 10/03 20/03 27/03 21/03 02/04 31/03 04/04 24/03 TAIKO AfSOS 4201 MS MM I 02/03 24/03
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      909 24 -Y0» VOT HN KU Jfisa "jeff™ mi PACIANPA 1400N 11/02 11/03 ffg $jg— "ciawa 'WN ivw 20/02 -iff PACIANPA 14I0W 20/02 21/02 UjAMjATA^^IM34^IM/fl|j7fl^ PACIANPA 14HM 72/12 22/02 PAC lANDA 1412N 23/02 24/02 vwui yOT SH DJI PAC PANDA *****1 25/02 2VOT~ MWHf I 1M 11ZS2 21/02 !ii« BSSi —iflC si
      909 words
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      53 24 5 WINSTAR SHIPPING PTE LTD UltpKt. 1W*****7N WINSTAR LOGISTIC PTE LTD U. Hp Ik. ltMMtllC SIN-# ►BATAM BATAM LINER 6 Saflbgs Waakly (Mom Sat) Loadbg at JaraagP*tJ2 Door la Door KL/ICL/Caavaalload Cargo TUO A BARGE CHARTSRING, PROJECT CARGO Mdb,* m JvPW CttSl AflO. FCI/LCL Transhipment/Crosstracl* Cargo JRwwrmH to woridwidt dutkotioii
      53 words
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      Lock icon Page 24 Advertisements Column 4
      559 24 BSfl a MYANMA FIVE STAR UNE (Mvmmmt National Line) Loading far Yaagoa vissa vor sin pki pin pgu PAGAN 341W SID HP*-AN MOW SU> IN MAIATSIA: lOUSTEAD SHIPPING AGINCIIS KUL/PKL 03-300 SUM PEN: 04-2****** ACCEPTIMG CONVENTIONAL CBO NRG SM KG SM PGU Pitt KIIC SHMKEN ACE 114 SU) SU) SU>
      559 words
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      810 25 \V\rn (1 I S'ponAgents: lAI SMnhf Aomcv (S) Pit U4 (CM NO; 165M*****0Z) <jhilerasia Mines mi SUPER EXPRESS SERVICE TO HONQ KONQ A JAPAN vßia vofosKioisK tto rot ma m sar «ea lw lilk ft HSfn^cK 307 82 O M O2 02/02 03/02 07/02 11/02 'Vo? AaMMKOu) 073 ii M/
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      301 25 I IP n CARRIERS ill W»«1T M»l» TAW Vtssa VOT SIN 1 m Hfsß ggU SS KM ,BffA Gtl HOMO ***** 31/03 THU fi/04ll>ONoj^wl" ivx wnwuptmiuHa WIUIT MUD DAT S*IIIIIS SIIIBAPOH Vlltmui SINGAPORE jg 111 essi r -ag-ag— KASTACI3 QliM 10/03 17/03 M/gMMMMAS w ji/03 17/04 u/w SINOAPOM: ugu cotKMATKm
      301 words
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      794 25 I yCCI PH7 I liyCC MABk IH: 4221-1333 FAX: *221-5272 I I /wif hlllbv QB10BBSBVKE:111:4221-5S94FAX:*****190 I I SWGAPOtI: TOHG X) 0 SHIPfMG TO III) CR NO: *****M0000C WAilli: www prfilwi.w IJvßsa jvor" raWjoT" wo ivcsa W rasw uu i vesa W rasH^sa|Sr|asß«S I K/$1 I s 1 1 n/n M/wIcBWB
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      299 25 prnrnm Linr bfolcbuMc -rvk. S j A«ia/lISA wna SPECIALISE IN WAVY LIFTS A PROJECT CARGO MVMUSTMAIOUMIR SS MOAAT Itfltiil loffv wrh» nmtm BaAriH ■V MDUSTtIAL MAGK 21/07 ~j -J---NN in USA, Mvoco, Carrimem A Soutti Amnio on inJuemim* "TWtfOtl HtapWMaSUMhgfSIPNM B«wfl AflMdftssl Bkd gjatHTOtawi TJtmjXteTUjSo fig- frj Urti ImTtirl he
      299 words
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      416 25 MM lillfflfflWfffi 16-17/02 23 25/02 02-03/03 1 HUiAMfInGfRSXY 2&ON 21 22/02 27-01/03 07-08/03 I ■yZnggnGgSEA 261S 24-24/02 FOR DISCHARGING ONLY I HH| TIGER CUFF 261N 24-25/02 02-03/03 08-09/03 1 ***** 27 28/02 07-06/03 12-13/03 1 MTffffiflW DONG FORTUNE 035 15-16/02 22-24/02 03-04/03 I ■■■■IWML 18-19/02 24-26/02 06-07/03 1 OWO3j gjUULMDOMC
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  • THE BUSINESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6598 26 This ETA ETA Aavartlsar Vassal Voyag* Tslnhww SIN Ossfn Hum Nmm 3, JtaKaT To ABIDJAN (ABJ) 2003 Cote D'lvoire 25/02 03/04 CMACGM CMA CGM ELBE SX111W *****800 25/02 05/04 Deimas WESTERDEICH 011W *****344 02/03 26/03 Deimas VERONIQUE DEIMAS 514W *****344 05/03 12/04 Deimas ASIA
      6,598 words
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      84 26 TUVALU SHIP REGISTRY S, V* *->*"<- JT;., -v LIT Y S-E RV-1C E 1. Low taxes 5. Accedes to latest international 2. Activs role and representation in IMO conventions and regulations 3. Staffed by qualified professionals with Round the clock service many years of experience in ship 7. Worldwide network
      84 words
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  • MOTORING
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      Lock icon Car loans getting dearer
      673 27  -  OCBC jacks up its rates by 0.3-point; other lenders take wait-and-see stance Reports by SAMUEL EE WITH interest rates for car loans going up, does it mean that now is a good time to buy that new car and lock in low interest rates while still
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    • Article
      Lock icon 50% of buyers stretch repayment period
      279 27 THE fixed interest rates for automobile financing packages available on the market have been around for almost a year. Industry sources say that because of the relatively low rates, most of those taking a car loan borrow about 80 to 90 per cent of
      279 words
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      Lock icon Another record year seen for BMW Asia
      362 27  -  Carmaker on target to double Asian sales by 2008 By SAMUEL EE BMW is likely to announce another record year of sales in Asia for 2004 its third consecutive year at its press conference here today. Asia ranks as one of the premium
      FILE PHOTO  -  362 words
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      481 27 Lianhe Zaobao I China's I I demand for I M scars I I I I I Call ttfi-freelSBO 289 8822 FORM 69(4) NOTICE OF DIVIDEND Nome of Company WHK INVESTMENT PTE LTD (In Liquidation) Company Registration No. *****5851K Address of Registered Office :11 1 North Bridge Rood #2402 Peninsula Plazo
      481 words
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      553 27 THE COMPANIES ACT, CAP. 50 AIK ANN PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) Company Regiitration No. ********** At an Extraordinary General Meeting of the Members of AIK ANN PRIVATE LIMITED duty convened and held at 101 Upper Cross Street #04-43 People's Park Centre, Singapore *****7 on the 14th day of
      553 words
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  • EXECUTIVE MONEY
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      Lock icon Encouraging foreign talent
      886 28  -  YOU AND THE TAXMAN WU SOO MEE and JACINTA LOI explain how frequent flyer executives can achieve tax savings with the Not Ordinarily Resident taxpayer scheme WU SOO MEE, JACINTA LOI By ERNST YOUNG SINGAPORE has been welcoming foreign talent with open arms to boost its competitive
      By ERNST & YOUNG  -  886 words
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      Lock icon FundWatch: European equity
      405 28  -  By Chua Boon Lee Standard Poor's Associate, Find Services A the top fcjrt sectors over a 12-morith period. Dala from Standard Poor's Fund Services. AFTER being overshadowed for much of the previous decade European stodc maikets are on ihecusp of stringing together three yean of outperformanoe relative
      405 words
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      Lock icon UNIT TRUSTS & FUNDS
      4488 28 UNIT TRUSTS FUNDS UP G'teed 5.0(2 1.*****/ UP G'teed 7.02 1.*****/ UilnAmiiftriK'MMi UP G teed Find 5.03 1.*****/ 0807/ UP G'teed Find 7.0/3 1.0932/ Upswing Fund 5.0/1 *****/ Sw Fnrnnp liTi u P 5mn 9 Fund 7 0/1 0 *****/ StoEtt 2 UPSWING FUN0 5 0/2/90% 0.*****/ 7™ UPSWING FUND
      4,488 words
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      Lock icon Time for fresh look at pensions
      1528 29  -  Between the CPF and approved private pension schemes, there's room for radical change to ensure retirement needs are met Bv David Sandison, David Richardson THIS year's Budget is expected to be one that's for "the people". We suspect this means it will be aimed
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      Lock icon Fast growth, slow returns?
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      AFP PHOTO; Source. Dmimson, Marsh and S unson (A BN AMRO/LBS)  -  846 words
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      Lock icon Super-rich investors make mistakes too, Citigroup survey finds
      473 30  -  By GENEVIEVE CUA THE world's super-wealthy make the same investment mistakes as poorer folks, and they tend to question their bankers' broad asset allocation strategies, according to a survey by Citigroup Private Bank. Respondents are described as the "most affluent group ever
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