The Business Times, 30 November 2000

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Total Pages: 52
1 52 The Business Times
  • 12 1 MITA (P) 035/12/1999 v SINGAPORE Iniernet: htip://business-times.asia°l .com.sg/ THURSDAY. NOVEMBER 30. 2000
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  • 71 1 □m BT-SRI 7MJI (-2.30) ST IKDEIFDTDSES M6GJO (-10.00) ansa FOTDBES 252.70 (-0.50) STOCK MARKET INDICES Wednesday Change KLSE COMP 7322S -417 NIKKEI m 14jW7.64 ***** HANG SENG 14,169.06 -397.16 SETINDEX ***** -0.77 JAKARTA COMP —.***** -1.64 1AS1UCOMP _1,404.83 _-I3l21 TAIPEI WPI —M 19.46 -tt» 516.44 -20.60 CliA CHINA B
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  • 77 1 FOBEX BATES us$ ss US$ 1.767 £(l'S$/S$ per 1.421 1496 EURO{USS/S$/E) QM7 1.506 DM 1282 1.299 YEN 119.3 6180 RM 3.800 1163 HKS 780 4.440 BAHT 43.82 24.94 RUP1AH 9,475 M93 *SS to 100 units PUME SATES SINGAPORE* 5.80 KUALA LIIMPUR 7.67 JAKARTA -39.00 BANGKOK 9.50 MANILA 11.00 HONGKONG
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  • 457 1  -  5,000-5,500 nnits expected may be worse than sales in 1997 and 1998 By< Andrea Tan [SINGAPORE] There is no running from the slump in the residential property market now. Daniel Teo, president of the Real Estate Developers' Association of Singapore
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  • 530 1  -  By Chuang Peck Ming [SINGAPORE] The Nanyang Technological University will invest almost $500 million to start a college to turn out the manpower and researchers needed to meet Singapore's life sciences ambitions. Along with the college of life sciences, NTU also wants to open a
    SIEW YAW HOONG  -  530 words
  • 117 1 THE SECRET is out. City Developments boss Kwek Leng Joo is a shutter bug, and a good one at that. His talent is there for all to see in the company's2ool calendar, which features photos of dragonflies taken by him. The company has long championed the green
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  • 611 1  -  Almost all regions post a second straight quarter of decline in optimism Byi Anna Teo [SINGAPORE] While most business executives worldwide are less sanguine about the business outlook, those in Singapore are highly upbeat on their prospects in the final
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  • Page 1 Advertisements
    • 90 1 PfSTOE Exec Suite HDB upgrading: Are HDB homes a more attractive choice? What about low-end condos? Cover Story I Making waves ashore: Architect and sailor Edward Wong. fir«c Suit* Pg 3 Top Stories Taipei stocks look hopefully to direct China trade ties. MmxtPmgm Full occupancy at S'pore-link tech park in
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    • 43 1 Redas plan to complement URAdata,Pg2 Home land sales could rake in up to Sib, Pg 7 I Poll I for Dr M I home US economic growth slows to weakest pace in 4 years >Pg 20 US consumer confidence down In Nov 'Pg2i
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  • NEXT page
    • 123 2 CITIBANK Top Performers: Nov 29 NAME GAIN 1 Mr Tan Keng Jou 880,249 2 Mr Chew Kok Lim 303,558 3 Mr Liang Soon Chai 257,551 4 Mr Ong.Chung Keong 230,418 5 Mr Lim Seng Huat 51,834 6 Mr Tan Ah Yen 49,148 7 Mr Zhou Hong 40,392 8
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    • ON THE grapevine
      • 74 2 SINGAPORE Exchange chief executive Tom Kloet witnessed a signing ceremony recently between MediaCorp Interactive's Woof and the Securities Investors' Association of Singapore to offer webcasting services to listed companies. Seated between MediaCorp Interactive's Anthony Chia and SIAS' David Gerald, Mr Kloet helped to pass the folders holding the
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      • 84 2 WE have received a Christmas greeting card from Sweden-based IT company Icon Medialab. Nothing special about that, you might think, except that it contained a plastic bag filled with water and silver sparkles. But there's a perfectly good explanation: "Snow from Sweden", says the
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      • 67 2 DURING the recent Capita Land launch, president and CEO Liew Mun Leong introduced the company's basic structure to about 400 guests. He was doing great, weaving through the internal workings—till the last portion when the group's tongue-twister of a slogan, "Building for people to build people, Building people
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    • 448 2  -  BTiamiuiw They hope info will capture more closely price changes in private housing market By] Lilian Ang [SINGAPORE] Developers and property consultants are pooling their resources to come up with their own set of statistics on the private residential property market. The new
      448 words
    • 426 2  -  China promises direct trade links from beginning of next year I-II exclusive From Macabe Keliher in Taipei TAIWAN companies that trade with China have seen their stocks soar as much as 30 per cent in the past month after the Taiwan
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    • 657 2  -  »comment IBDHNOLOGY kenneth james i chappie on a atreef I look around and turns towards a high wall, hands to the front of his pants and eyes looking down, as men do in a public 100. Another man comes up and peeks over
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  • Page 2 Advertisements
    • 406 2 For related stories published in BT, go to: 1 .com.sg Simply Palm" lllxe Handheld Flexible Powerful $^00 BMB of memory for storing even more applications Jfaßi Customisable with hardware and software add-ons (Recommended street price, including GST) Advanced enhancements of the latest Palm OS 3.5 High contrast LCD Flash ROM
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    • 44 3 LOUIS VUITTON *V v,;:. ;;-1s v. ?> r *c, sfl ImH Ik* J k ffi k '1 K 1 \J II 1 B F w Jn Mitß 1 B <%^ii^|Hr£ m Vi% mSfr -fsKM W Jm 1 wtf y Am, L. S/1 *r 'vf/, F
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  • SINGAPORE companies
    • 551 4  -  Forecast well above analysts' expectations; some issue buy calls By! Serena Ng OSPREY Maritime, whose new controlling shareholder World Shipholding has yet to make a formal takeover offer for the rest of its shares, yesterday said it was expecting to achieve net profit
      FILE PHOTO  -  551 words
    • 784 4  -  HOCKirffTPCT] anthony rowley THE brand name Toto is familiar to many of us who pay attention to wash basins and other toilet amenities. What is less well known is that this Japa-nese-based maker of traditional, ceramic sanitary ware is, along with two other
      784 words
    • 618 4  -  w Teh Hooi Ling THE semiconductor sector is the most attractive among all the technology sectors in Singapore, says independent equity research firm Netßesearch's analyst Arthur Chai. Speaking at a seminar organised by GK Goh, Mr Chai said the contract manufacturing sector
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    • 276 4  -  Two-year contract for govt budgeted at $20m per year Byl Teh Hooi Ling SINGAPORE Telecom and its subsidiary, National Computer Systems (NCS), have won a two-year contract to lay the broadband infrastructure for the Singapore government. Budgeted at $20 million per year, the Broadband Infrastructure
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    • 267 4  -  Higher infrastructure expenditure seen, but firm expects to stay in the black By I Eugene Low CSA Holdings' net profit for the six months ended Sept 30 rose 11.3 per cent to $8.4 million, bumped up by the consolidation of its
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    • 393 5  -  HE company Cheng Cheng buying them at 28 cts a piece By. Eugene Low I-ONE.NET International's chief executive K K Fong is placing out 23 million of his iOne shares, representing 4.98 per cent of the company's issued share capital, at
      FILE PHOTO  -  393 words
    • 210 5 GENERAL insurers in Singapore who have been facing problems of overcapacity, low premium rates and rising claims costs might have to consider going into new areas and products to grow their businesses. Such new areas could include tie-ups with retailers to offer warranties
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  • Page 4 Advertisements
    • 919 4 DOVECHEM TERMINALS HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Dovechem Terminals Holdings Limited ("the Company") will be held at 19 Tanjong Penjuru, Singapore *****1 on Friday, 15 December 2000 at 11.30 a.m. for the following purposes: AS ORDINARY BUSINESS 1.
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  • SINGAPORE markets
    • 201 6  -  WARRANT WATCH By R Sivanithy ISSUING covered warrants on an index is a very useful exercise since it gives fund managers the chance to hedge their exposure to that index or to ride on any expected rally. In the local market,
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    • 516 6 Stocks Volume SGX1c 35,975,000 PacificCenturyl 0c 24,931,000 PCI 25c 14,582,000 AddvalTech 2.5c 13,277,000 Chart Semiconductor 26c 12,317,000 Omni Ind 10c 9,544,000 Gul Tech 20c 6,636,000 OUB DB eCW*****3 5,259,000 GES Intl Ltd 20c 5,199,000 ChewEuHock 20c 5,005,000 Stocks Chart Semiconductor 26c 77,164,200 SGX1c 46,396,009 SPH 42,122,300 Omni Ind 10c 28,601,170
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    • 550 6  -  I-i I comment STOCKS r.sivanithy WITH most bank stocks coming under selling pressure yesterday, it was left to the likes of SPH, Singapore Telecom, Venture Manufacturing and the property stocks to assume the mantle of "defensive" stocks whose rises helped cushion the blow following
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    • 237 6  -  HOT STOCK By' Ven Sreenivasan THE stock of Pacific Century Regional Development (PCRD) has been wilting in recent weeks, reflecting the waning fortunes of regional TMT (telecoms-media-technology) plays. The stock fell to a year low yesterday, losing another 10 cents to $1.00 on 24.9 million
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    • 126 6 ♦LIM Choon Hui has resigned as financial controller of Osim International effective Nov 14. Ms Lim's responsibilities have been assumed by newly-appointed chief financial officer Hwai Kiat. ♦CHEW Kok Liang has been appointed executive director of Inno-Pacific Holdings. He is also the group financial controller. ♦WEE Beng Geok
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    • 361 6 AFP [TOKYO] The US dollar edged lower against major currencies in Asia yesterday after high-technology shares on Wall Street tumbled to their lowest close since October last year, traders said. "After the Nasdaq dive, investors are selling the dollar and buying
      AFP  -  361 words
  • Page 6 Advertisements
    • 136 6 Never has the competition for business in ship repair and conversion been With more new shipyards entering the fray, prices tumble while standards rise and time frames Now hands to the pumps to secure new business I Pv RoJgh Seas, Vdjftgh Shipyards! ,||r J Shipping Times' team of maritime I
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    • 63 6 Grow Your CPF With eiBht Important A app cations tor units it' eight must be made on the application forms j accompanying the prospectus Investors must lead the prospectus The value of- the units and the income fiom them may fall as well as use SJ >1 INfV-f TRAVEL GUIDE
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  • SINGAPORE news
    • 498 7  -  Marine Parade seen as most attractive among eight sites Reports by Marissa Chew THE government's residential land sales programme in the first half of next year could rake in as much as $1 billion, consultants estimated
      Source: URA  -  498 words
    • 300 7 THE government will finally kick off the development of the Bugis/Selegie entertainment hub with the launch of a 96,878 sq ft site at Victoria Street next year. The site is one of four first proposed for sale in 1997 as part
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    • 281 7  -  Banking on Merrill Lynch pays off for accomplished artist By\ Parvathi Nayar BEHIND Lyrical Spaces, a major art exhibition by Cultural Medallion winner Chua Ek Kay that opens tomorrow, is Merrill Lynch International Bank. The Merrill Lynch-Chua Ek Kay. partnership, however,
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    • 184 7 THE Productivity and Standards Board (PSB) officially launched its Business Fusion programme yesterday to help boost the competitiveness of Singapore's small and mediumsized enterprises (SMEs). The programme is designed to provide a conducive environment for SMEs from different industries to collaborate and share information,
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    • 428 8  -  Half a year ahead of schedule, signing of 2nd deal also in pipeline: Pertamina By Eugene Low THE first supplies of Indonesian natural gas are expected to arrive in Singapore next January, while a second gas deal between the two countries
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    • 187 8  -  Christmas trees up for auction at Raffles Hotel's annual gala By 1 Errol George EIGHT Christmas trees that leave a lot to the imagination are up for auction, with the proceeds going to charity, at Raffles Hotel's ninth Annual Gala Christmas Tree Dinner and Auction
      ARTHUR LEE  -  187 words
    • 342 8  -  < 4 on the economy outlook By Eugene Low HAS the Singapore economy, which grew by 10.4 per cent between July and September, peaked in the third quarter or does stronger growth lie ahead? According to the Ministry of Trade and Industry's composite
      Source: MTI  -  342 words
    • 574 9  -  Stage 2 of park being built at cost of $62m; to be completed in next 12-15 months From] David Boey in Bangalore THE groundbreaking ceremony for Stage 2 of the International Tech Park Bangalore (ITPB), a sprawling industrial park jointly developed by
      PALLAVA BAGLA  -  574 words
    • 147 9  -  mail rem Cormac M Ginty Business consultant Ireland, via Internet I REFER to the article "Gus Dur says S'pore has only profits on its mind" (BT, Nov 27). I write to you almost from another world, looking in. I live in Ireland but pay attention to
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    • 67 9  -  John Tan Chor Yong Singapore I REFER to the recent unprovoked outburst of Indonesian President Abdurrahman Wahid. There is indeed no comparison between him and Senior Minister Lee Kuan Yew. The former is a total embarrassment to his country whereas we are proud of
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    • 77 9  -  Allan Chong Singapore, via Internet I REFER to the article, "Karachi airport aims to woo back foreign airlines" (BT, Nov 28). While it is true Pakistan is opening up and has improved on its facilities, it still has far too much red tape. Sats
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  • Page 9 Advertisements
    • 68 9 We welcome letters. E-mail us at btletter@ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
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    • 199 9 r" ::—7 0 j|p®® 55 sSSti EmaSSSi HGi^j^^^Htti w Et^SS c Ra V dkVV SnH £G B and be home in time for dinner. Like many businessmen, Mr Saw Ken Wye, MD of Microsoft (Singapore!, Molds impo r tant meetings all over thy world Howevei unlike many businessmen, he does
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  • EDITORIAL & opinion
    • 733 10  -  HTTT? bottom line OPINION shoeb kagda The writer is BT's Jakarta correspondent IT has become a common shadow play in Indonesia A political extension of the traditional art of Javanese puppetry known as wayang kuliL First, President Abdurrahman Wahid makes an unusual statement, perhaps
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    • 117 10 'Security is very good. Most people here support me, so there is no need to have a ence Khieu Samphan prime minister of the Khmer Rouge movementfrom 1975 to 1979, when more than a million Cambodians were killed. The ballgame is complexity versus simplicity. If you are
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    • 638 10 EDITORIAL THAILAND'S Finance Minister Tarrin Nimmanahaeminda feels that the business community has not learnt the lessons of the Asian economic crisis. But Bangkok businessmen complain that the finance minister has focused too much on tough measures to stabilise the economy and instil transparency and accountability, and
      638 words
    • 865 10  -  People tone out because they don't share the self-serving stridency and anger displayed in the inconclusive election By] Robert Samuelson The Washington Post Writers Group [WASHINGTON! No self-respecting screenwriter would have submitted this election script. It is too contrived. The antagonists (Bush, Gore
      The Washington Post Writers Group; AFP  -  865 words
    • 935 10  -  COMMENTARY The St&rLink incident has caused an unnecessary and irresponsible nproar By Thomas Hoban The writer, professor of food science and sociology at North Carolina State University, chairs a nationwide university task force on educating consumers on biotechnology LAT-WP IT'S been amazing to watch
      LAT-WP  -  935 words

  • MALAYSIA news
    • 467 11  -  Central bank governor also says that M'sia can achieve 7% growth next year Reports by Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S economic growth this year is likely to exceed previous estimates of 7.5 per cent, central bank governor Zeti Akhtar
      FILE PHOTO  -  467 words
    • 307 11 KUALA LUMPUR gftftiHUii Nasional's candidate beat the BN man by just 530 votes AP, Bernama THE opposition Parti Keadilan Nasional wrested the Lunas constituency seat in Prime Minister Mahathir Mohamad's northern home state of Kedah from the ruling Barisan Nasional (BN) coalition by a slim majority.
      AP,; Bernama  -  307 words
    • 328 11 Central bank will review the cases when they come np, says official MALAYSIA'S central bank yesterday acknowledged that some anchor banks might have difficulty in meeting the year-end deadline for the completion of mergers. "We will review them when we reach the end of
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    • 149 11 KUALALUMPUR AFX-Asia RENONG Bhd said that its board of directors has accepted the offer from United Engineers Malaysia Bhd (UEM) to buy Renong's assets, subject to negotiations with UEM on the pricing of some of the assets and on certain terms of
      AFX-Asia  -  149 words
  • Page 11 Advertisements
    • 70 11 WIN a IBENEF»N* Log on to I lariaone.oivii Albert Phqtol The Professional Colour Lab with Complsts Service* Commercial Exhibition Enlargement for Display Light Boxes Duratrans Display Trans R3 Slide to Print E6 Process Slide Duplication Digital Imaging Digital Prints Inkjet Print Lamination Mount of Kapaline Board Framing Food, Commercial Industrial
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  • PENSION funds
    • 542 12  -  Estimates for 2001 range from HKslb to HKs6b bat market impact seen small From. Audrey Tan in Hongkong WHILE their estimates may vary wildly, Hongkong market players are all agreed on this: the Mandatory Provident Fund (MPF) will channel a substantial amount of
      AFP  -  542 words
    • 812 12  -  Govt acts to assure public ahead of new pension scheme launch From Quak Hiang Whai in Hongkong > EAD my lips, no new taxes. That seems to be II what the Hongkong government is saying S B as it reassures the public
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  • SOUTH east asia
    • 652 13 BANGKOK It strictly enforces curbs on offshore deals Reuters THE Bank of Thailand (BOT) has taken the gloves off in its .fight against baht speculation, leaving several banks counting the cost of testing its resolve. Analysts say the central bank's latest move has
      Reuters  -  652 words
    • 547 13  -  Listing state firms will boost market cap by 3 trillion baht From Harish Mehta in Bangkok TELECOM tycoon and front-runner for premiership Thaksin Shinawatra yesterday proposed boosting the market capitalisation of the Thai bourse by three trillion baht (Ssl2o billion) by
      AP  -  547 words
    • 388 13  -  From, Al Labita in Manila GLOBE Telecom, the listed Singapore Telecom-Ayala Corp Joint venture, will challenge a government order suspending it from accepting new users for two months because of network oversubscription, an official said yesterday. Globe president Gerry Ablaza said the order,
      388 words
    • 449 13  -  Tajndin loses much bargaining power on sale of 29% stake From] Eddie Toh in Kuala Lumpur TYCOON Tajudin Ramli's bargaining power on the sale of his stake in Malaysian Airline System (MAS) has weakened considerably. Despite his repeated assurances that
      449 words
    • 477 13 SINGAPORE In response to media queries, a Singapore Ministry of Foreign Affairs (MFA) spokesman yesterday clarified comments made recently by Indonesian Foreign Minister Alwi Shihab on Singapore-In-donesia relations. Dr Alwi's remarks which covered alleged oilsmuggling, currency trading and further criticism of Senior
      477 words
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  • EAST asia
    • 462 14 TORONTO Infrastructure unit evaluating investments in at least 6 companies Reuters HONGKONG billionaire Li Kashing is searching for investments to capitalise on Chinese infrastructure projects and Canadian technology firms are knocking down his door to get in on the deals, Barrie Cook, executive director
      Reuters  -  462 words
    • 129 14 PARIS AFP ELECTRONIC defence company Thomson-CSF said on Tuesday it will sue a French newspaper for defamation over a story alleging the company was implicated in the murder of a Taiwanese colonel. Faced with these "accusations of extreme gravity" the company has decided to
      AFP  -  129 words
    • 329 14 UHONGKONG Bat its share price falls another 14% to 62 HE cents Reuters INVESTMENT firm ißegent Group Ltd yesterday said liquidity troubles at its effectively 16.5 per cent owned Korean associate Regent Merchant Bank "will have only a limited impact" on its operations and financial
      Reuters  -  329 words
    • 368 15 SYDNEY It is seeking USsl7sm in damages over a NZ forest ventnre Bloomberg CHINA International Trust Investment Corp's (Citic) New Zealand unit said it plans to sue Fletcher Forests for some US$l75 million (Ss3o7 million) in damages over their New Zealand forest venture, even if
      Bloomberg  -  368 words
    • 151 15 TAIPEI Bloomberg THE Taiwan government, responding to demands from the island's technology companies to ease restrictions on investment in China, said it will announce new measures before the end of this year. "The 'Be patient, go slow' policy will become clearer by the
      Bloomberg  -  151 words
    • 230 15 TAIPEI AFP TAIWAN High Speed Rail Corporation (THSRC) said yesterday that it will delay the signing of a US$2.9 billion (Sss.l billion) "bullet train" deal with Japan's Taiwan Shinkansen Consortium (TSC) to December. THSRC said the contract scheduled to be signed last Tuesday had
      AFP  -  230 words
    • 446 15 BEIJING Joint hosting of 2008 Games if Taipei accepts 'one China' FT CHINA, campaigning to host the Olympic Games in 2008, on Tuesday held out the possibility of allowing Taiwan to stage some events. A joint hosting of the Games would be by far the
      FT; AP  -  446 words
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  • SOUTH asia
    • 431 16 BOMBAY Aim of plan is to bnild up reserves, provide US dollar supplies Reuters INDIA'S central bank will use inflows from a recent multibillion dollar overseas deposit plan to smooth a decline in the rupee's value, a senior monetary official said
      Reuters  -  431 words
    • 45 16 [NEW DELHI] Members of the All India Life Insurance Agent's Federation shouting slogans during a sit-in protest near Parliament in New Delhi yesterday. Life Insurance Agents from all over India askedfor better insurance, welfare schemes, and benefits for themselves. AFP
      AFP  -  45 words
    • 298 16 NEW DELHI Bnt emigrants still far outnumber returnees AFP INDIAN information technology gurus who have achieved success overseas are trickling back home, but it will be some time before the brain drain of recent years is reversed, experts say. "We are
      AFP  -  298 words
    • 257 16 BANGALORE Reuters INDIA'S private sector Vysya Bank Ltd and Dutch giant ING Insurance have signed an agreement to form a life insurance venture in India. Vysya Bank chairman KR Ramamoorthy said the venture, in which India's financial and investment firm
      Reuters  -  257 words
  • Page 16 Advertisements
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  • e-NEWS
    • 538 17 ATLANTA It will enable service providers to migrate to next-generation telecom networks NYT IBM is reshaping its telecommunications strategy, a plan that is being run from the company's Atlanta offices. IBM once was known solely as the world's largest computer
      NYT  -  538 words
    • 277 17 IRVINE, California NYT BROADCOM Corp, the American maker of computer chips for cable modems and digital set-top boxes, announced on Tuesday that it is acquiring Vision Tech Ltd, an Israeli maker of chips that will allow television users to personalise their own video recording. The
      NYT  -  277 words
    • 378 17 SAN FRANCISCO Reuters DOTTV, the Internet startup that wants Web surfers to change channels to .tv from .com, said on Tuesday it had signed a marketing deal with the leading purveyor of Internet domain names, and received US$2B million (Ss4B million)
      Reuters  -  378 words
    • 533 18 NEWYORK Almost of it went to established firms: VC association Bloomberg US venture capital firms raised U5527.9 billion (Ss49 billion) in the third quarter, more than in the second quarter, with 93 per cent of the money going to established firms, the National
      Bloomberg  -  533 words
    • 410 18 SAN FRANCISCO New l«w-«nd product will help firm prices Reuters HEWLETT-PACKARD expects to hold the line against price cuts and maintain profit margins on its family of server computers in the next six months, in part thanks to a new product introduced on
      Reuters; REUTERS  -  410 words
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    • 1353 18 II BANCA COMMERCIALEITALIANA II 11 lp j s s I 1 (INCORPORATED IN ITALY WITH LIMITED LIABILITY ESTABLISHED 1894) I I I I HEAD OFFICE: PIAZZA DELLA SCALA 6, MILANO, ITALY 1 J II CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS 1 I AS OF DECEMBER 31,1999 ACCOUNT J I
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    • 43 18 MBA Master of Business Administration far all IT, Business and Engineering Graduates I H 2 I I f r* II 0 0"7 Q QAA '2-YEAR INTEREST-FREE LOAN Udll OOf OOWW -Conditions Apply A INFORMATICS GROUP TT CENTRE FOR OPEN LEARNING www.informaticsgroup.com/singapore email: igcol@informaticsgroup.com
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  • WORLD news
    • 62 19  -  From, Leon Hadar concede and drop his Mr the he adding that hewas "quite during an a day after the US Supreme a Btaih appaal seeing to bar handKxitoted votwtfrora^e^adc^to a lawsuit over Palm Beach County's "butterfly ballot" in which several Democrats aredlem«tdtog a
      62 words
    • 643 20 WASHINGTON American corporations' after-tax profits np 0.6% while inflation rises 1.9% AP THE high-flying US economy has come back to earth, growing at an annual rate of just 2.4 per cent in the summer, the slowest pace in four years, the Commerce Department said
      AP  -  643 words
    • 422 20 LONDON AFP AN Internet transmission of pop star Madonna's live show here smashed the record for webcast audiences with nine million people logging on to see it, organisers claimed yesterday. That trumped the previous record of three million, for a
      AFP  -  422 words
    • 356 20 JERUSALEM AP IN the midst of a bloody conflict with the Palestinians, Israel was plunged into political turmoil yesterday after Parliament voted overwhelmingly to hold new elections, two years ahead erf schedule. Prime Minister Ehud Barak took a
      AP  -  356 words
    • 477 21 NEW YORK Shadow cast by election uncertainty, high oil prices Reuters US consumer confidence sank to its lowest level in more than a year this month as worries about America's still unresolved presidential race compounded concerns over high oil prices and a slowing economy, the
      Reuters  -  477 words
    • 240 21 FRANKFURT Reuters DRESDNER Bank on Tuesday said it would double risk provisions at its Deutsche Hypothekenbank mortgage unit to 615 million euros (Ss9l9 million) after an audit revealed weakness in eastern German real estate financing activities. The surprise move, first signalled by Dresdner
      Reuters  -  240 words
    • 868 22 D&imlerChrysler faces second lawsuit over 'misleading' merger terms Reuters, Bloomberg AN investor revolt at DaimlerChrysler, sparked by woes at its US unit, widened on Wednesday as a leading German shareholder activist called for group chief executive Juergen Schrempp to go and a second US shareholder
      Reuters,; Bloomberg  -  868 words
    • 513 23 I LONDON Difference due in part to US directors receiving more share options Reuters US chief executives earn ten times more than their British counterparts, according to new research released yesterday which blamed political and cultural differences. Bosses of the UK's 500
      Reuters  -  513 words
    • 192 23 TOKYO Reuters JAPAN'S biggest construction firm Kajima Corp will set up a fund to compensate Chinese labourers who were forced to work for the company during World War 11, domestic media said yesterday. The plan, which the company said had not been decided
      Reuters  -  192 words
    • 252 23 SEOUL Bloomberg DAEWOO Motor Co's creditors agreed to offer 728 billion won (SSI billion) of new loans to Korea's No 2 car maker to help the company resume operations at its main plant. Korea Development Bank and other creditors will provide an
      Bloomberg  -  252 words
  • Page 19 Advertisements
    • 370 19 HITACHI Inspire the Next t Your business without ASP 9 f s c,- t r l£< -y I i/lX u. UifC. r f A vn, f 1•• •> o-.fr n r; I* Your business* with Hitachi ASP V f% f* .♦<». 1 t J y 1 i With Hitachi ASP
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  • Page 20 Advertisements
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    • 15 20 W TODAY i UanheZaobao Forecasts far the S'pore economy by eight research houses SBDWS>?FH[* I
      15 words

  • Page 21 Advertisements
    • 392 21 «Jaeger-leCoultre> I is Kj '.i* MASTER EXHIBITION >• •<■ «j*- 'V" 4 ;< i, *•«•.>• wt J >-■' t'- v Be one of the first to discover the new Master Grande Memovox 1 an alliance between the perpetual calendar and the alarm, as well as to view the special antique
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  • Page 22 Advertisements
    • 2065 22 NOTICES T advertise call 1011-free 1800-741 1883 Fax No: 741 1298 INVITATION FPRBIPS No. 600.11 PAN /IS IXII2OOO The Government of the Republic of Indonesia has received a loan from the Asian Development Bank (ADB) In various currencies towards the cost of the West Java Urban Development Sector Project Loan
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    • 213 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SPLENDID WOODCRAFT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuontto Section 308 of The Companies Act. Chapter 50, that the Final Meeting of the member* of the abovenamed company will be held at
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    • 375 22 THE COMPANIES ACT CHAPTER 50 Sodion 290(2Hb) NOTICE OF RESOLUTION DATA GENERAL INTERNATIONAL MANUFACTURING PTE LTD (In Member Voluntary Liquidation) At an Extraordinary General Mooting of Data General International Manufacturing Fte lid hold at 35 Porkwood, Hopkinton MA *****, United Stales of America on the 24* day of November 2000,
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  • Page 23 Advertisements
    • 1091 23 I CITIBANK©' I if Citibank, NA. (Incorporated with Limited Liability in the U.S.A.) w I CONSOLIDATED STATEMENT OF Citigroup inc. and subsidiaries CONSOLIDATED STATEMENT OF cidgroup inc. and subsidiaries S FINANCIAL POSITION 'NCOME Y«or Ended Dacambw 31, I I December 31, In Millions, Except Per Share Amounts 1999 996 jS
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    • 129 23 w{ r trl Hfl m m PIHHHHSnUIB Am 1 an ~,~^vt¥"*jjj| ■h -idtfk tH FORTIS SPACEMATIC CHRONOGRAPH THE PROFESSIONAL DEMANDS OF AIR- AND SPACEREQUIREMENTS LEAD TO THE DEVELOPMENT Of THIS PRECISE CHRONOGRAPH. BEST MATERIALS AND NEWEST PRODUCTION METHODS GUARANTEE ABSOLUTE REUABHITX HIGHEST FUNCTIONALITY AND EASY HANDLING. FORTIS THE WORLD'S FIRST
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  • FINANCE & commodities
    • 289 24  -  SGX Derivatives Tfradingßeport ST Index/MS&STpore Index Lau Chee Keong Refco Singapore THE Singapore stock market closed marginally lower yesterday despite a 5 per cent crash in Nasdaq on Tuesday. The Straits Times Index finished at 1960.71 points, a loss of 5.55 points, or 0.28
      289 words
    • 238 24  -  MSCX Taiwan Index Lau Chee Keong Refco Singapore THE MSCI Taiwan stock index ended lower yesterday as technology stocks in the memory chip and foundry sector fell after a 5.05 per cent drop in Nasdaq on Tuesday. The MSCI Taiwan Index lost 2.89 points, or 1.17
      238 words
    • 166 24 ENERGY REPORT Reuters [LONDON] Oil prices stood their ground yesterday as continued worries about Iraqi exports balanced out fresh data confirming a recovery in depleted US fuel stockpiles and a mild spell of winter weather. Brent blend crude oil futures for January were
      Reuters  -  166 words
    • 325 24 Reuters London THE US dollar set two-week lows against the euro and three-week lows against the Swiss franc yesterday amid losses in US stocks, signs of slower US growth and protracted legal wrangling over the US elections. The setback came a day after US consumer confidence slumped to
      Reuters  -  325 words
    • Article, Illustration
      1151 24 BffPIAMlOIOBSIATBI *S C$ fare FTr Pw HK$ Indil *rnUk Yoe Son tMMZ$Nfc»«Pt»o SS. 8and Sfr MT$ BaM Hmi US$ Amir* 0.806 4.342 0.613 4.021 L198 4099 24.633 49.7*6 0579 43M 1997 1293 30.482 26.060 0.923 4.100 0.925 17.406 23.032 0270 0.526 Canada 1237 5297 0.758 4974 1484 50)72 ***** 6L6I8
      1,151 words
    • 1815 24 SICOM FUTURES Nov 29 RU88CR (futures dosing as at SJOpm) RSS 1 CONTRACTS cents/kg) Ct»M Mw OpM Month Mfk Low Sett (tonnes) Merest Dec 00 113.25 JMM 114.00 50 FebOl 115.75 50 Mar 01 117.25 350 RSS 3 CONTRACT (US ct*sA«) Volume Open Month Mfk Low Sttt (tonnes) interest Dec
      1,815 words

  • Page 25 Advertisements
    • 80 25 I This is the closest you can get to identifying I an online client by her password. H To be sure of her identity, rely on Netrust's online security system. As S.E. Asia's first Digital ID Service Provider, it helps you identify a client with a password and a Digital
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  • STOCKS east asia
    • 2817 26 HONGKONG AFP f3 Hang Seng -397J6 HONGKONG share prices feU 2.7 per cent yesterday, led by hi-tech and telecom stocks foUowing Nasdaq's sharp faD, dealers said. They said Chinese telecommunications giants China Mobile and China Unicom extended their losses of the past
      AFP  -  2,817 words
    • 2061 26 TOKYO AFP Qlfiktt&S -15L23 SHARE prices in Tokyo closed one per cent lower yesterday as investors dumped high-technology issues following a plunge by the US Nasdaq, a broker said. The Tokyo Stock Exchange's Nikkei 225 Index fell 151.23 points to close at 14,507.64. The Topix
      AFP  -  2,061 words
    • Article, Illustration
      1023 26 Reuters AFP nShenzhenßlndex -&89 CHINA'S hard currency B-shares closed lower in thin trade yesterday under pressure from falls in domestic A shares and the H shares of Chinese companies listed in Hongkong. The Shenzhen B Index slid 0.89 point, or 0.74 per cent, to 119.59 on turnover of HK535.31
      Reuters; AFP; Source: Credit Lyonnais Securites (Asia) Ltd  -  1,023 words
    • 358 26 AFP HWPlnta -42L80 TAIWAN shares closed 0.8 per cent lower yesterday on selling of technology issues spurred by the sharp fall in Nasdaq, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 42.80 points to 5,319.46, on turnover of NT556.94 billion. Decliners led advancers 322 to 193, with
      AFP  -  358 words
  • Page 26 Advertisements

  • STOCKS klse
    • 420 27 AFP P Composite Index -6J7 MALAYSIAN shares closed 0.8 per cent lower yesterday on profit-taking and with few leads to spark buying, dealers said. Nasdaq's losses on Tuesday dragged down local technology stocks. The Kuala Lumpur Stock Exchange Composite Index ended down 6.17 points at
      AFP  -  420 words
    • 7974 27 INDUSTRIALS Consumer products 2000 Last Vol Day Nat Cap Hlqft Low Campany Sale 'OOP Mlfh Low P/Z $mH 420 310 Ajinomoto 540 18.6 137.8 158 46 Angkasa 48 -2 9 50 47 70.8 670 290 Apollo Food Hlq 352 -10 1 352 352 7.6 140.8 3825 2700 BAT 50c 3800
      7,974 words
  • Page 27 Advertisements

  • Page 28 Advertisements
    • 211 28 BBBB^&^ <;:. <-AI &m, w*.,»■••> i- ••f- r; ;%j--•■'4. "A-:'• \V :-:Vi>-.?'"v'- V-i::i&< y jf 's'Sr- :;v o: vV :X->r C' 1 v. -'A: •>• v- v v-r H|HfifllKl■ _J^Bfißll^llll^Hfiflll JlpATl J^Bfilll^VSlfl BBS pbhw4. fl^^|^H^^^^^^^^H|^^^^H^^H^BßßßN»ilii'#- :> '< 6*p-" >*••••. &j« Ijiil^i 'j^v' for credit card. i 1 H .jjj|pp|^-. kd
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  • SGX clob & regional stocks
    • 2625 29 BONDS WARRANTS Wt Mi M U*ry S2-iMt Last ViI On laatOaete Am BtMi i IM Lw Caagaay If «ar- COOOI Witt La» -yer Ia8» hH. (—t») 8rtta Wtee tmtmi U» 51.5 3 s Acma W*****4 4 3.5 10 4 41.0 1 300 285 19.75 8 38 2.5 AIITech W*****7 3
      2,625 words
    • 311 29 AFP n Composite Index -20.50 SOUTH Korean shares fell 3.8 per cent yesterday with the index down 20.50 points at 516.44. Volume was 278.80 million worth 1.20 trillion won.—AFP n Won An*m S«mi -.4850 -290 Br«in Ttch 550 -20 Ctntral Bank 170 unch Ch»il Comm ***** -2200 Dm Gu
      AFP  -  311 words
    • 289 29 AFP P Composite Index -1121 PHILIPPINE shares fell 0.9 per cent yesterday on domestic political uncertainty. The Composite Index fell 13.21 points to 1,404.83. Volume fell to 487.18 million shares worth 680 million pesos from 657 million shares worth 633 million pesos on Tuesday. Pete COOP) MRC Allied OJO
      AFP  -  289 words
    • 257 29 AFP DWSE-40 -15.40 NEW Zealand shares closed lower yesterday following downward trends in offshore markets. The NZSE-40 Index was down 15.40 points at 1,957.49 on turnover worth NZ5145.90. Major movers included brewer Lion Nathan, which shed 30 NZ cents to NZ$5.3O. —AFP n»» m coop) Advantage HQS 122 -0.16
      AFP  -  257 words
    • 552 29 AFP kJ All Ordinaries -2&50 AUSTRALIAN shares dropped almost one per cent yesterday through losses in media and telecommunications stocks following Wall Street's drop on Tuesday. The All Ordinaries Index was 28.50 points down at 3,223.40, while the S&P/ASX2OO closed 30.60 down at 3,275.60. The All Industrials dropped 56.40
      AFP  -  552 words
    • Article, Illustration
      740 29 AFP □set Index -0.77 THAI stocks fell 0.3 per cent yesterday with the market still stuck in a rut in the absence of significant corporate news, brokers said. The Stock Exchange of Thailand (SET) Composite Index edged down 0.77 point to finish at 282.90 points, while the SET 50
      AFP  -  740 words
    • Article, Illustration
      659 29 AFP CI Composite Index -L 64 INDONESIAN share prices closed 0.4 per cent lower yesterday amid concerns that foreign investors have stopped buying, dealers said. The Jakarta Stock Exchange Composite Index closed 1.64 points down at 425.30, off a low of 422.18, recouping some of its early losses on
      AFP  -  659 words
  • Page 29 Advertisements

  • 9665 30 SGX MADIBOARD Transaction date: Nov 29 Cr Gr M Wt 52-Wk Last Vol Day Last Quote Dlv Dlv YM Nat Cap Avg High Low Company Sala COOP) High Low Buyor Seller H C'vr P/E >mW Plica MULTI-INDUSTRY 75 m c Acmi 50c 79 unch 14 79 77.5 77.5
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  • Page 30 Advertisements
    • 83 30 Audemars Piglet e m tre e lor rnf e P uis 1875 ■ti [ty| if Who is behind an Audemars Piguet watch? v r Available at: Promesse Collection O Cortina Watch Centre Regional Agent ft Scrvice Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. available at Singapore 207 Henderson Road *01-06 Singapore
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  • Page 31 Advertisements
    • 252 31 Where to wine, dine and entertam„/^(®& < For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirloin. Lunch
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    • 60 31 J-I Q fu-x 1 HOTEL GRAND CENTRAL LOTTED 22 Orchard Road/Cav«nagh Road, Singapore *****7 Tat: 737 9044 Ext 40CKJ2 Fax: 733 317S i I B V K' I I -pg\ L 1 1 mm HI tiJßilHk. **£12 igngm^d IHOIAN ttItWMSI Btitet Lunch, Noon lo 2.30pm (Ctoeed on Saturdays) Dinner 6.30pm
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    • 136 31 depend on Ji Advertise in Wine, Dine Entertain 7- yIF of The Business Times and reach out to readers daily. Contact Patrick Ang 740 1284 j or Amy Choo 740 1559 now. UTUMTTH) OftlTOfßE FROVMCES 1 ft m CARTE Cktost fran a sdtaw cf 50 Mdw immat fete. M you
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    • 104 31 w* -*«l£ **B^^E^*MBW^^lB /Af j Fridays and Saturdays from 7pm to 1) pm Sundays tram 6pm Happy Hour from spm to 7pm Two selected drinks tor the price ot one Light dishes from $10 50 and r-N I f~\» Wine by the glass from $8 50 I The Promenade 1111
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  • Page 31 Miscellaneous
    • 935 31 ihi i i ii iii,■ m r,i„t, M■* 10.00 Prasier: Sweet Dreams. Di Bumi Merkah. 630 American Health Fit- 10.30 Once Again: Sneaky LL3O Detik. ness. "3" .^.*l—f 9.00 AM Kids Central: Sesa- Feelings. 12.00 MN TV Innovations. 7.00 FIFA TV. me Street. IL3O Silk Stalkings. L3O AM Close. 730
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    • 276 31 CRYPTIC CROSSWORD ACROSS 4 Thin plates used for a meal in 1 Agitatedly faced a mogul in dis- mess (7) guise (11) 5 Current father? (9) 7 Lou rang round due to lack of 6 Free supply (7) energy (7) 7 Colourful indicator of acidic re--8 Fellow having force went
      276 words

  • NewAsiaBizWoman
    • 841 32  -  Study shows men listen with just one side of their brains while women use both. ROBERT LEE HOTS reports on the latest insight ROBERT LEE HOTZ LAT CONFIRMING what many women have long suspected, new brain research released on Tuesday shows that men give only half
      LAT  -  841 words
  • Page 32 Advertisements
    • 8 32 jyiteekendH thursday-sunday november 30- decamber 3 2000 S
      8 words
    • 147 32 projecteyeball. f Jlltimate \jmL Zouk JH M You,re primed. You want in. But yon have yoor questions. Can yoo pe« the sea? Should you work yoor bootie? How do yoo get oa TV? For vour convenience, we ve provided the uttimate Zook Out survival guide to keep you partying til
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  • EXECUTIVESuite
    • 1170 33  -  With increasing resemblance between public and private housing in terms of aesthetics and convenience, HDB homes are becoming an attractive choice for young homeowners. Still, Singaporeans' upgrading aspirations will ensure a steady force in the condo market VDKJE CHOMG finds out VINCE CHONG THE government's efforts
      1,170 words
    • LEGAL MATTERS
      • Article, Illustration
        2127 34  -  Buyers of private properties are entitled to a warranty against defects for 12 months. To ensure the rectification of defects by developers, CHAM CHEN TEE outlines the procedures one has to follow CHAN CHEH YEE The writer is a partner with Drew Napier WHEN you buy a unit
        FILE PHOTOS  -  2,127 words
    • PROFILE
      • 1576 35  -  Architect and sailor Edward Wong is equally at ease with long voyages as he is with lengthy fruition periods for his projects. Now at the helm of the Singapore Institute of Architects, he tells MARTSSA CHEW about his next lap MARISSA CHEW TO landlubbers, sailing conjures up
        SIEW YAW HOONG  -  1,576 words
    • BY DESIGN
      • 755 36  -  The use of different lighting can enhance a room's character or mood. VDfCE CHOMG gets some expert views VINCE CHONG "W" IGHTS! Action! Cam- I era!" Ever wondered I why it's the lighting, I J and not "Furniture" or "Colour" that is
        755 words
      • Article, Illustration
        245 37 Bedroom Enhanced indirect lighting from wall fixtures or cove lighting produces a soft gentle light. And for tie flamboyant ones, as Mr Ongkowidjaja commented, tungsten-halogen lighting with their sharper, more sophisticated tones are able to complement the gentler hues depending on one's moods. Bathroom Lighting here should be
        245 words
    • GARDENING
      • 883 38 GARDENER'S I BT«1 Whether practical or whimsical, ornaments give a lift to the plants they keep company as those in THiars garden show to good effect J, UST the other day, my elder daughI ter was startled by what she thought 1 was a new "ornament" in our
        883 words
    • PROPERTY
      • 1098 39  -  Once the favourite of Japan Inc, Tokyo business hub Marunouchi is losing clients to wired high-rise buildings in other parts of the city. TOMOMISEKIOKA finds out how landlord Mitsubishi Estate is turning to a USs4.7b revamp of core properties to draw trendy retailers and the corporate
        Bloomberg  -  1,098 words
    • HOUSE hunt
      • 476 40  -  Regal yet modem, S'pore's tallest condominium is also insulated from the rumble at the nearby Queenstown MRT station. ANDREA TAN gets a glimpse ANDREA TAN OWN a part of Windsor? Call the Hampton home? Have English breakfast tea at Buckingham? Sure, why not, the
        PHOTOS BY ARTHUR LEE  -  476 words
      • 1312 40 PROJECT NAME/ PROP CONTRACT TENURE BUHT-N/ PMCE PSF PROJECT NAME/ PROP CONTRACT TENURE M.W PNOE PSP STREET NAME TYPE DATE LAND AREA* STREET NAME TYPE DATE LANO AREA" (SOFT) (SWOO» (SS) (SOFT) (SSOOO) m District 2 River Place
        1,312 words
  • Page 33 Advertisements
    • 283 33 Mice and CEOs found to be alike. Sniff Do your employees fear or resist change? Do your employees turn down a change In their work portfolio?' Scurry: Does your organisation see change as critical to your survival? If you answered "yes" to any of the above questions, you're not alone.
      283 words
    • 23 33 Legal matters Know what to do when there are defects in your new properly Page 2 Charming KhHKM^ garden ornaments Page 6 IHk
      23 words

  • Page 34 Advertisements
    • 25 34 We welcome questions on legal issues pertaining to the sale and purchase of property. Please send your letters marked 'Executive Suite, Legal Matters Column'to btletter@sph.com.sg
      25 words


  • Page 36 Advertisements
    • 31 36 If you have the imagination, we have the colour. ||||^MH|Hr HHH^H H HB|^^B^HHn| I 1 WBgm H H^m ft sHs wi m m HOB |^HM i^m Hi 1 ■HPf'BiP^ v Bpf'^'
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    • 48 36 üBSm EH H H H M IB HB HHHHH ■HHHH IHHHIH v tHHRHHI^ffIHHHHH^^HHHHHK^HHHHH^^^B r > -f'■^,.;■■■. With 6,134 exciting paint colears tc choose from, yoH can now do up yonr heme any way yaa want. Visit IGI Dalai at wwwjelpelats.eaai.si sr sell eer Customer Cere Ceetre et 265 0677.
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  • Page 39 Advertisements
    • 208 39 SUNTEC CITY TOWER 1 HIGH RISE OFFICE FLOOR FOR SALE Description The whole floor is for sale. It has panoramic views of the CBD skyline. Floor Area 1,100 sq m (approx. 11,840 sq ft) Tenancies 2 tenancies expiring in 2001 and 2003 For further information, please contact 224 8181 Investment
      208 words
    • 154 39 Factory For Sale By Tender YISHUN INDUSTRIAL PARKA 6-Storey Industrial Building Built-in area 159,248 sq ft Land area 63,734 sq ft Tenure 30+30 wef 1 Sep 1992 Tender closing 5 December 2000 For more details, kindly contact: SOLE-MARKETING AGENT 228 6894 228 7334 Suntec Tower Low Floor Tenanted 14,381 sq
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  • Page 40 Advertisements
    • 193 40 m Leave the tailoring to us for a home loan VBgr that has a great vogue Ita n Does your existing home loan really suit you? For a smarter and more comfortable fit, take up a (JOB Home Loan. We will tailor-make a home loan plan that you can be
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  • SHIPPING TIMES
    • 287 41 Reuters THE Baltic Dry Index (BDI) was down five points to 1,683, the Baltic Panamax Index (BPI) shed six points to 1,496, the Baltic Handy Index (BHI) dropped one point to 1,662, the Baltic Handymax Index fell 17 points to 9,606, and the Baltic Capesize Index (BCI) lost
      Reuters  -  287 words
    • 290 41 sax mil s$ w CWT Distribution OCI unch 12 Chuan Hup 0.36 unch 1795 Casco hwostmont 0.17 unch 0 Freight Links O.H unch '90 GB Holdings .0.60 unch 0 H» Sun Hup 0 25 unch 6Tt IMC HakMngs-HK 5.60 undt 0 Joya Holdings 0.16 unch tIS Koppol Corp
      290 words
    • 453 41  -  S'pore led consortium bidding for container terminal project By Donald Urquhart [SINGAPORE] PSA Corporation has made the cut as one of two short-listed bidders for a greenfield container terminal project on the southern Japanese island of Kyushu. PSA's international business division president Goon
      453 words
    • 36 41 [SHANGHAI] The 5 millionth TEU container is being loaded onto a ship in the container terminal at Shanghai Port. The container terminal increased its handling of containers by 1 million TEUs. AP
      AP  -  36 words
    • 133 41 Bernama [MELBOURNE] The officer-in-charge of the Malaysian container ship that ran aground in the Great Barrier Reef earlier this month, was yesterday fined a total of A 516,000 (5114.720) in the Cairns Magistrate's Court. The Australian Associated Press reported the court was
      Bernama  -  133 words
    • 242 41 OmixAsia.com set up to bny and sell shipyard equipment Bloomberg [SINGAPORE] Five Singapore companies have tied up in a $4 million venture, called OmixAsia.com Pte Ltd, to buy and sell equipment for shipyards on the Internet. Keppel Fels Energy Infrastructure Ltd, Keppel
      Bloomberg  -  242 words
    • PORTShots
      • 121 41 [LONDON] Singapore-based port operator PSA and South Korea's Samsung corporation and have signed a formal joint venture agreement to develop a US$2OO million (SS3SO million) container terminal at Inchon, South Korea. The deal was first presented in December last year and the joint venture
        121 words
      • 93 41 {LONDON] MUTUAL P&I insurer the UK Club has decided to publish its "Loss Prevention Bulletins" in Chinese as well as English "to enable them to be understood by a wider audience". Hie club's Hongkong branch said that the impetus stemmed from Chinese members who wished
        93 words
      • 79 41 [LONDON] Norwegian chemical tanker specialist Stolt-Nielsen SA will have a new chief executive officer from the start of next month. Niels G Stolt-Nielsen will take over from company founder Jacob Stolt-Nielsen, who has held the post at the company and its predecessors for some
        79 words
      • 59 41 Bloomberg [HONGKONG] Orient Overseas International Ltd, a Hongkong shipping company, said it signed a contract with Korea's Samsung Heavy Industries Co to build two container ships worth HK11.2 billion (*****.76 million). The shipping company said in a statement that Samsung will construct two
        Bloomberg  -  59 words
    • 747 41  -  NEWBUILDS By\ David Hughes THERE'S a really mixed bag of orders this week, ranging from a fruit juice tanker to a VLCC (very large crude carrier). There is also an unusually wide geographical spread of yards receiving orders. It is not surprising
      747 words
    • DNV's ceo
      • 942 42 DNVs new chief executive officer Helge Midttun is steering the Norwegian class society towards the challenging future of the knowledge-based economy DNV Forum HELGE Midttun, who took over as DNV's (Det Norske Veritas) chief executive officer in May of this year, has
        DNV Forum  -  942 words
    • 163 42 PACE Eastrans 6 i Accord 6 ECL 4 Appenship 5 ECULi Assets 7 6 Austral 6 5 5 cTH BSA 7 6'tmg Mat 6 J"" 1 CCNI 7 7 Haniin 3 CMACGM 3 Heong-A 4 COSCO 5 Hyun-#j 7 CSAV 3 Interasia 7 Central Ex 6 idici
      163 words
    • 17456 48 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number mmmmnmmmmmmmmmmmmmmmmmmmmmmmmmmmmmammKmmmm mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 24/12 12/01 Evergreen LT UTILE 0074-007* 65-*****11 To ABIDJAN (ABJ) 2003 Cote D 'voire BRISBANE (BNE) 2058 Australia 12/12
      17,456 words
    • SHIPS IN PORT
      • 675 51 Vessel Voy No Berth Arrival Departure AkbarPutra 02-Nov J02 29/11/6:20 29/11/23:00 MinhailOl 0017* J19 29/11/8:15 30/11/800 Bin BeUit 20E J03 29/tV8:35 29/n/21KX> Winstar 2 53S00 J03 29/11/7:50 29/11/21:00 Haiteck 2 Ht2-03 J15 29/11/10:05 30/11/6:30 BayswattrllS M0290 J02 29/11/9:00 29/11/16.-00 Royal Freigh 231 J02 29/11/8:50 29/11/17:30 Pan Ocean 1
        675 words
      • 1852 51 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/BaUnco Rstls Ship Voy Mo Etb/Btr Ported From To From ACHIEVER 3*4 MM 8 28/1500 29/899 28/1900 2* 21/1700 29/0499 29/0*00 21 21/1700 29*899 29/0900 3 29/0700 29/TT59 29/MOO 4 29/1200 29/M99 29/1700 AC* GARNET 12E 1/3*0 2I/H00 28/899 20/800
        1,852 words
      • 616 51 Carton ISO Max 990.7 0.7 12.9 0.10 79 0.03 Nov 23 Density Wat* Rttktu* Ash Aluminium Sediment No above E25 0 0 0 0 0 0 1 ZSu 380 A* 9S7.5 0J t3J 0.06 26 0.02 (u« 380 Max 993.2 0.8 1S.8 0.09 70 0.03 iWAft
        616 words
      • 127 51 Not 30 Philippines: Bonifacio Day. USA: Thanksgiving Day. Dec 3 Japan: Culture Day. Deo S Thailand: H.M. The King's Birthday. Deo 10 Thailand: Constitution Day. Deo 23 Japan: Emperor's Birthday. Deo 25 USA: Christmas Day. Philippines: Christmas Day. Canada: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Sweden:
        127 words
      • 791 51 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        791 words
    • AIR & LAND transport
      • 695 52 Order is European planem&ker's first from Aussie airline; Boeing also wins USsl.2bdeal Bloomberg [MELBOURNE] Airbus Industrie won its first orders from Qantas Airways, with the US$3.4 billion (5520.23 billion) purchase including 12 A3XX jetliners that bring the proposed "super jumbo"
        Bloomberg; APP PHOTO  -  695 words
      • 270 52 Routers [TAIPEI] Taiwan's top carrier China Airlines said yesterday a plan to buy a stake in the mainland's China Cargo Airlines had been shelved as politics got in the way. A spokesman for China Airlines, majority-owned by a government-controlled foundation, said the
        Routers  -  270 words
      • 326 52 Reuters [SEATTLE] Aircraft leasing giant International Lease Finance Corp (ILFC) said it may enlarge its order for Airbus Industrie's proposed supeijumbo jet, citing airline demand. ILFC, a unit of financial conglomerate American International Group Inc, has ordered five of the 555-seat Airbus A3XX, which
        Reuters  -  326 words
      • 225 52 Bloomberg [MOSCOW] OAO Aeroflot, Russia's state-controlled airline, said it earned a profit in the first nine months after a loss in the same period last year, as recovering passenger demand boosted sales. Net income after nine months totalled 103.6 million roubles (556.5 million),
        Bloomberg  -  225 words
      • 278 52 Bnt German airline does not role oat closer cooperation Reuters [FRANKFURT] Deutsche Lufthansa AG said on Tuesday that a newspaper report that it planned to take a 24 per cent stake in Spain's secondbiggest airline Spanair was speculation, but did not rule out
        Reuters  -  278 words
      • LOGBook
        • 69 52 AFN I (HONGKONGJCathaJ PactOc AirwaystWsald«l W passenger lotflfcctor in Oftober was 74 per cent, compared to 75.8 per cent in September. In the 10 months to October, the passenger load factor reached 77.0 per cent, compared with 71.3 per cent over the same period :Vlastrw>it*company
          AFN  -  69 words
        • 69 52 Reuters fHONGKONG] Korean Air and Alliatfasak|tbe?WOtlM resume a codeehare arrangement beginning Nov 3*. tie: arrangement provides for Alitalia to receive a seat Mock on Korean Alrflights and sell tickets using itSown fligh|l fcumber and code, the t*i|ompaniee said in a statement Koreiliiir would also
          Reuters  -  69 words
        • 102 52 Bloomberg [LOUISVILIJE, Kentucky} United Parcel Service Inc (UPS), the largest package delivery company, is booking to five from three its weekly flights that circle the globe to handle an increase in shipments between countries. UPS has begun making the two additional worldwide flights, replacing companies tthad hired
          Bloomberg  -  102 words
      • 2045 52 on FUCHT ETA FUCHT tTD Mi mm 1 —mm ons n*»_ jbo sowo ooo M88O1 7311 IDO HW MO fana«2*M SOW] mo COM 0910 0W 11)0 0F«2 2050 0353 2305 S080* 1015 uun 22io m wo* i» mm m U838C 2230 lutyai T640T 845 TT.40£ 1M5 JJ1 HoCMMMCttr 9*741 138
        2,045 words
  • Page 41 Advertisements

  • Page 42 Advertisements
    • 167 42 I t' Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com t B "rmmmmmmm... V HyC SANKYU (S) PTE LTD
      167 words
    • 738 42 Lines sarv>c« represented by M«nb«r» of ihe Registry of Member, of the UlSgll/ Accredited Shipping Agenh, Singapore Logistics "y Singapore Shipping Association Association ULY UNI MAUI I vissa Tvoy fin* r~nA iw P. RUNG SPORf MALI Empress Lily VO9OO 05/12 06/12 U/12 Princess Lily VO9OO 28/12 29/12 05/01 Empress Lily
      738 words

  • Page 43 Advertisements
    • 1149 43 SAX SERVICE (DIRECT) vtssa voy sw n* uxowpolhoucw ax mem aii nyc APLJAPE 024E 08/11 23/11 28/11 28/11 »/11 »/H 39/11 APIGABWT 024t 15/11 30/11 05/12 05/H 05/12 05/12 OS/12 05/12 07/12 07/1? APISPIB 0241 22/11 07/12 12/12 12/12 12/12 12/12 12/12 12/12 14/12 14/12 An TURQUOISE 03* 297T1 *****
      1,149 words
    • 1700 43 HANJIN SHIPPING i&dhl U tMsMplw -Sob *****30 hahm swpfiNG (S) rn iro am mokimg: *****3s 237 sale *****24 231 document *****712;4 oratAnott ?*****q 2si maim lwe *****55 fax smi us amh ********** M TO NW USA A CANADA I USA CANAftA* no vsi/voy Iwl id im hau/voy fsa l mi
      1,700 words
    • 413 43 m L--LJ L., mush bus uzu mi W(M> HIS Wll 411 10/11 03/12 05/11 11/11 M/ 11 M/ 12 rmiinmm QQS flUtf Mi fIM2 Mtro. »1K H/ii Ml IWI ii/ii ivii 'VII Sffitgyw—H m K —WirAQUAC 01W 112/11 Oi/12 M/ 11 M/ 11 KNTC HONGKON6 01AS 03/11 OS/11 0141 M/
      413 words

  • Page 44 Advertisements
    • 1154 44 C SENATOR LINES TO UK/CONTINENT TO MiiJJIII^ItRANEAJ^CANADA VtSStL VOY LEH RTM AMR HOI BBV FIX VESSEL VOY SM HIT fW IU ITS HANJM SAN FRANCISCO 0019W 28.11 15.12 11.12 1»12 18.12 28.12 21.12 CAUFOBNW SENATOR DMJW 31.11 17.12 18.12 21.12 23.12 38.12 TRADE SELENE 0033W 81.12 24.12 25.12 22.12 22.12
      1,154 words
    • 623 44 P. GUOANG: <^*****26 N~/\~J NO* IHIWHIIB SBU: (064) *****9 MANILA: (632) *****24 V V PENANG: (04) *****36 BANGKOK: (862) *****57 SURABAYA: (31) *****11 P. KELAMQ: (03) 3W2677 JKT (21)*****48 KUCHMG (062) *****1-3 PASIR GUPAMG IAEM CHABANC MV "QING SHAN" V.0030 MV "ACX SWAN" V.429E ETA SIN: 06-12-2000 S,N: 08-12-2000 DUBAI
      623 words
    • 660 44 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUMO, MUMBAVCOLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POWTS VMMI S PORE N. SHEVA COLOMBO P.KLANG TULSIDAS V.134 03 DEC 12 DEC 17 DEC 23 DEC FRONTIER W.102W 10 DEC 10 DEC 24 DEC 30 DEC PU GLORY V.102W 17 DEC 20
      660 words

  • Page 45 Advertisements
    • 1749 45 [VESSEL VOY KHH HKO SIN PKI DXB Ml PMM >IK IRAN TABATABAEI PCL-183 28/11 29/11 02/12 03/12 12/12 13/12 IS/12 17/12 IRANKERMAN PCL-184 05/12 06/12 09/12 10/12 19/12 20/12 22/12 24/12 IRAN ISFAHAN PCL-185 12/12 13/12 16/12 17/12 26/12 27/12 29/12 31/12 IRAN BAAKERI PCL-186 19/12 20/12 23/12 24/12 02/01
      1,749 words
    • 1127 45 TO: COLOMBO EVERY MONDAY (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #12-00 SAIES/BKGS *****57/43 INWARD DEPT (0/0) *****86 COSTAR AGENCIES (M) SDN BHD C» HO: **********01 SINGAPORE *****8 CONVtNTKHUI *****01/850 T/SHPMT DEPT
      1,127 words
    • 871 45 EXPORT I IMPOST I I wit m |im[irliMlHflil"PlM I mkm vot I «im I H*i m I IB 1 a I pHI I 1 I ojjjj jjjjj I j|||| I jjlj j 111 l j I WPOtTUND MOW 109/01 24/01 20/011 29/011 30/011 31/*****/02 |HJ AMSTERDAM MM 14/12 H/12 110/12
      871 words

  • Page 46 Advertisements
    • 886 46 MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VBSa/VOYACI I SGP |G» IVKM IOtS iMU [ROW !WV ITW |ZH IJUMTYOO7I-OHW 03/12 15/12 17/12 11/12 21/12 2Q/I2 21/12 2V12 24/12 jusoanugoo7?fl)iw i(yi2 22/12 24/12 21/12 27/12 30/12 II URSULA 007M12W 17/12 21/12 31/12 01/01 03/01 03/01 OVOI 07/01 08/01 11Um*****07W 2V12 05/01 07/01 01/01 11/Ol
      886 words
    • 361 46 ARABIAN PERSON OUF/WD4AN SUB CONnNPff SWVKI 888 VESSEL VOYAGE SGP CMB DUB JBA ABU DMN BAH KM NXV SONG HE 01S8W 01/12- 12/12- 14/12 18/12UNI AMPIi *****33W 04/12 01/12 13/12 14/12 15/12- UMPATWOT 01S3-011W 05/12 OT/1215/12- It/12 ZHUANGHE 0160W 08/12- 11/12- 21/12- 25/12UNI ASSBiT 0642-023W 11/12 15/12 20/12 21/12 22/12
      361 words
    • 848 46 w«H IWY la 1 m I »Tf 'KH Vissa VOT 1 Juu omumuM m jam M 2 'n? I Sim HSm~~ DEJA W]N 22Z12 2ZZI2 MM OOQ AUTHOWn# fIJuK I M/l? 07/1? XETHAIHUM" 364N 01/1? 06/1? 07/1? UAOttf- 045 1 05/1? 01/12 KAIDO 005t 04/1? 01/12 Ot/1? irfiiwm ffo te/li
      848 words
    • 535 46 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL COHTWMBR SERVICE vs. wr ihg sw m w sip m m kt* ntn os B/n 07/ ii i»/ii io/ii»/n n/u POND AHUM liT 14/1111/11 B/li 15/11 WU OMR in not ~nT 10/ i? tyii fe/ia 31/1102/01 os/oi roiaow "ms" b/ii M/ 11 os/oi
      535 words

  • Page 47 Advertisements
    • 479 47 BSA x M MYANMA fSBBk FIVE STAR LINE (Myanmar Notional Line) Loading for Yangon VESSEL VOY SIN PKL PfN PGU MONG LA WW SU) PAGAN 285W SID MALAYSIA AGINTS: BOUSTiAD SNIPPING AGENCIES KUL m 03-*****00 PKL Til 03-*****101 PfN: TEL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A service of Aidrew
      479 words
    • 1451 47 HAfAT HYUNDA^AERCHANTJWjAJIINECOj^tfD^^^^^^ IYESSa VOY ISM I SOU LEH KIM ANT HAM WV [VBSa I VOY I SOU I LBI I IT ANT HAW INYI SW I NOLRS V.019W 01/12 22/12 17/12 19/12 HY FEDERAL *3271 15/11 08/11 14/11 11/11 OJ/12 API PURL YOI9W 04/12 27/12 20/12 21/12 23/12 APIGBUBANY *0291
      1,451 words
    • 876 47 vOOv WALLENIUS WILHELMSEN TO MORTH AND UTIN AMERICA aR RORO HEAVYIIfT SERVICE" |vissa VOY RAMP HEIGHT SIN LBC MAO MIA I SAV I BAL I ORF I NYC I NEW I MOB TALABOT AH024~ 400T«b 6.3 M 0711 17/01 20/01 22/01 24/01 25/01 27/01 31/01 05/02 TAMPERE AHIOI 400Tmh 6.3
      876 words



  • Page 50 Advertisements
    • 106 50 OJ&M SINGAPORE PTE LTD KYOWA LINE 15 McCallum Street #03-01/02 Natwest Centre Singapore *****9 Fa* (69) *****66 Email «eneraMecusin eculine net website httpy/www ecuiine net Direct Breakbulk/Container/LCL INDONESIAN PORTS Service to Banjarmasin/Jambi/Palembang/ Manila/G uam/Saipan Pan jang/Pontianak/Perawan/Pekan Baru Agents: V-Grow Shipping Pte Ltd Call: 220 3373 See Page 7 Daily v
      106 words

  • Page 51 Miscellaneous
    • 115 51 MeteoroloVcaf^^^^^^^re K Thunderstorm Rain Temperature c pf wind direction and speed in knots Weather Cloudy Day Hazy Sea Conditions Wind speed symbols S|j M < 1 2m O Full circle w/o line indicates calm or light and variable winds ->—-One halt fleche represents 5 knots I M° derat 12m" 2
      115 words

  • Page 52 Advertisements
    • 62 52 CHANGE OF NAME: Please be advised that Messrs FEEDERMAX PTE LTD, AGENT OF QC CONTAINER LINE LTD has changed business name to QC SHIPPING PTE LTD with immediate effect. The address contact nos of the company remains as follows:QC SHIPPING PTE LTD (formerly known as Feedermax Pte Ltd) 70 Shenton
      62 words