The Business Times, 1 February 2001

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Total Pages: 48
1 48 The Business Times
  • 20 1 THE BUSINESS TIMES MITA(P) 028/12/2000 r. i SINGAPORE mi Hi wmmm w Internet: nttp://business-times.asial .com.sg/ THURSDAY. FEBRUARY 1. 2001 esc
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  • 81 1 □sn MHJ9 (+20.77) PJBT-SM U BK6J7 (+9.03) W% ST INDEX FUTURES U 1,979.00 (+20.00) W% smsci FUTURES U 252J0 (+2.30) MWWlttWWIIHlWM STOCK MABKET INDICES Wednesday Change KLSECOMP— 717.71 +5.W i NIKKEI 226 *****46 +1«J0 HANG SENG i 6,***** __+2«M8 SET INDEX 112.77 +UM JAKARTA CO MP—***** +M8 MANILA
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  • 75 1 ran msb us$ s$ US$ (S$pcrUS$) L743 £(US$/SSperSi) 1.462 1648 EUR0(US8/S$/E)— MM LK1 S oil lies i mi YEN 116.4 6686 RM 1809 118# 1 HKS 7.799 4173 RART 4167 14.41 RUFJAH 9,460 6,420 PRIME RATES SINGAPORE* KUALA LUMPUR 1«7 JAKARTA ...39.00 BANGKOK 9M MANILA 11.» HONGKONG 'IN TAIPEI
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  • 49 1 Supplementary Retirement Scheme to tax Investment gains will accumulate tax-free (except Maximum 15% of annual income for Singaporeans Maximum 35% for foreigners Can be withdrawn at retirement age (now 62 years) Earlier withdrawals allowed, but with 5% penalty (instead of 10% proposed) I DBS, OCBC, OUB.UOB
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  • 477 1  -  Tax-free scheme will be in addition to existing CPF scheme By Angela Tan [SINGAPORE] The government plans to put in place by April 1 a voluntary supplementary retirement scheme (SRS), laced with some tax incentives, to encourage Singaporeans to save more for their old
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  • 682 1  -  But developers will get timely data to help them plan better By Marissa Chew [SINGAPORE! The government yesterday dashed developers' hopes of any relaxation of anti-speculation measures, hut promised to release medium-term demand-and-supply estimates to help them plan better. After a Chinese New
    ARTHUR LEE  -  682 words
  • 283 1  -  *iBy 4 Andrea Tan, Vince Chong the Hong Leong group and one of thebig gest property developers in Singapore, declared yesterday that he would not cut fed prices of his residential projects. "We will definitely not lower prices. We think our
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  • Page 1 Advertisements
    • 165 1 INSIDE Top Stories SGX market cap edges up in Jan despite US volatility. Pg 3 Megawati HE9HB s till W supports I iflpß me, says Gus Dur. ■HfSJ Next Page MUM KLSE may delist errant firms under new rides. Pg 15 BT Comment 1 V Action for an Internet Depression.
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  • NEXT page
    • 851 2  -  But sources say nothing Is certain especially since she has army support Froml Shoeb Kagda in Jakarta INDONESIAN leader Abdurrahman Wahid yesterday sought to shore up his increasingly weak position by stating that his deputy, Megawati Sukarnoputri, still backed him
      AFP  -  851 words
    • ON THE grapevine
      • 96 2 GENERAL Electric, die American stock market's most valuable company and reckoned by many to be its best managed, is losing some of its shine. The company is engaged in a huge array of business but a sizeable part of its revenue and the bulk (some said
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      • 117 2 ANOTHER market disappointment is Cisco Systems, the poster boy of the New Economy. CEO John Chambers recently told analysts he was "absolutely, very confident" that Cisco would grow 30 to 50 per cent in the next few years. But uporf questioning, he admitted he was not too
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      • 101 2 HERE'S enthusiasm for you. The Singapore Remisiers Society recently sent a circular to remisiers saying; "Being hands-on in the field of remisiering, the SRS has arranged a series of accredited Continuing Education Courses for your upgrading. Support the society, whether you are
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    • 64 2 Corrections clarifications A BLURB on the back page of BT yesterday, "Investment Fund Awards 2000: The winners on EM2", may have inadvertently caused confusion. It referred to an article on Standard Poor's fund performance awards. BT's own investment fund awards will be announced and presented at a dinner on Feb
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    • 600 2  -  -it comment TECHNOLOGY Apocalyptic visionaries tell a compellkg story but their conclusion need not be ours kenneth james THE weather was gloomy yesterday morning, and so were the business headlines. Well, BT's main business story, about Singapore Telecom's sparkling earnings growth for the nine months
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  • Page 2 Advertisements
    • 443 2 Goods Services B* Tax Workshops E4 i There are many practical issues and complexities involved in GST compliance. To address such concerns, Ernst Young is continuing its regular series of GST workshops in 2001. These in-depth workshops are designed to give participants a good understanding of the practical complexities involved
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    • 15 2 FOOD/ ENTERTAINMENT The Straits Times Classified. Classifications 5 36. Buy It Sal It. Find IL
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  • SINGAPORE companies
    • 437 3  -  Deal puts 22% premium on last traded price and will lead to delisting of OCBC Finance By Conrad Raj THE OCBC Bank group plans to delist its finance subsidiary OCBC Finance by buying up the 10.5 per cent stake held
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    • 748 3  -  locksiew jennifer lien SPEAKING last Sunday at the World Economic Forum (WEF) meeting in Davos, Switzerland, Cisco Systems's chief executive John Chambers said January's business was "more challenging" than was forecast just a few weeks ago. The next day, Cisco's stock
      REUTERS  -  748 words
    • 534 3  -  By Ven Sreenivasan THE market capitalisation of the Singapore bourse has edged up slightly, despite increasing economic uncertainty and volatility on Wall Street. The $313.7 billion cap at the end of yesterday's session is 2 per cent higher than the
      534 words
    • 313 3  -  By' Tang Weng Fai LOCAL business-to-business (B2B) market maker, Sesami.com Pte Ltd, a subsidiary of Sing Tel Ltd, will merge with Hongkong-based Asia2b.com Ltd to form what could be the largest e-commerce hub in Asia. The merger, announced in Hongkong yesterday, will create
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    • 471 4  -  But full-year revenue growth expected to be 20% to 25%, with recovery seen in second half of 2001 By Andrew Wee ST Assembly Test Services faces losses this quarter, but its management is upbeat about full-year results and expects strong revenue growth. Stats senior
      471 words
    • 404 4  -  Byi Andrea Tan THE Ascott in its first results since its merger with Somerset Holdings returned to the black with a net profit of $4.8 million last year. An extraordinary gain of $28 million, against a loss of $162.8 million the previous year,
      RICHARD CHNG  -  404 words
    • COMPANY Briefs
      • 57 4 IPCO International's net profit fyrthe half year to October increased to $2.03 million from $873,000 previously mainly due to contribution from interest income. Turnover, however, fell 66 per cent to $10.1 million because of the completion of a gas transmission project in Malaysia. EPS
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      • 123 4 MOTOR distributor Cycle Carriage has raised its stake in an affiliated dealership. The group paid an initial sum of $700,000 for a 23 per cent share of Cycle Carriage Motor Dealer (CCMD), held by leading salesman Vincent Low. A yet to be determined amount
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      • 83 4 FRENCH defence group Thales has raised its interest in Singapore's Avimo Group, which specialises in defence and optical systems, to 78.5 per cent. Thales said yesterday it had received aggregate acceptances of 42.16 million shares in addition to the 44.59 million shares
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      • 79 4 ASIA Food Properties (AFP) is setting up a trading company, AFP International Trading (Shanghai) Co, to handle palm oil trading in-China. AFP also said it is divesting non-core assets in Singapore. It is putting up its 122,009 square feet AFP Warehouse at Pasir
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      • 53 4 IN yesterday's Executive Money article "Schroder sweeps S&P fund awards", the accompanying table incorrectly listed UOB Union Asian Equity Fund as winner of the 10-year award for the Far East Pacific ex-Japan Equity sector. The winner should be the OUB Union Asian Equity Fund. We are sorry
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    • 492 4  -  $2&Bm aiming* gee company proposing $l&8m dividend payout By Serena Ng MAINBOARD-LISTED Singapore Food Industries, which is majority owned by conglomerate SembCorp Industries, yesterday posted a 21 per cent jump in full-year net profit to $22.8 million for the year ended Dec 31 and
      ARTHUR LEE  -  492 words
    • 519 4 It cites weaker-than-expected advertising growth Bloomberg [SINGAPORE] Singapore Press Holdings Ltd, Asia's No 1 newspaper publisher by market value, suffered its fourth stock downgrade this month as Morgan Stanley Dean Witter Co cut its rating on weaker-than-expected advertising growth. Morgan Stanley reduced the company's
      Bloomberg  -  519 words
    • 332 4 INDICATIVE NUMBER MIDDLE PfUCES GROSS MATURITY YEAR RAISED COUPON AMOUNT INTEREST OF DAYS OF (EXCLUDING RBBAPTK5N RATE m PAYMENT ACCRUED ACCRUED YfU) ISJNCODE PA) DATES WTOEST (NTHttST) 0W 15.03.2001 N5661Q0W 1980 23/8 900.# 15/3 15/9 138 99.99 2.44 SG********** 01 04 2001
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    • 317 4  -  From\ Surinder Singh in Sydney SYDNEY-LISTED Australand Holdings, a subsidiary of Capita Land, has turned in what is seen here as lacklustre year-end results The company posted an af-ter-tax profit increase of 14.7 per cent but was unable to lift earnings per share beyond
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    • 224 4  -  By' Tang Weng Fai SINGAPORE Technologies unit Advanced Materials Technologies (AMT) yesterday announced a marginally higher net profit of $5.3 million on turnover of $15.46 million for the year to Dec 31, 2000. The result compares with net earnings of $5.2 million on $16.4 million
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    • 506 5  -  3m shares for public; offer price works oat to 10.12 x estimated EPS for 2000 By Teh Hooi Ling ECS Holdings, an associated company of Nat Steel Electronics, yesterday launched its initial public offering of 40 million shares at 66 cents
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    • 243 5  -  By Teh Hooi Ling SINGAPORE Telecom and five other regional telecommunications carriers have built the first overland cable linking China, Vietnam, Laos, Thailand, Malaysia and Singapore. The China-Southeast Asia Cable, spanning 7,000 km across the six countries, will carry commercial traffic from
      243 words
    • 266 5  -  By Christopher Tan TRANSPORT group DelGro Corp has bought into two smallish Scottish taxi firms, saying it will strengthen its position as the "largest radio taxi group in Europe". In an announcement yesterday, DelGro said it has formed a new subsidiary called Com Cab
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    • 253 5  -  By] Liew Han Qing SPH Asia One yesterday announced the appointment of Willie Cheng Jue Hiang as director and chairman of its board of directors with effect from today. Mr Cheng fills the position of former Asia One chairman Ernest Wong, who was appointed in
      FILE PHOTO  -  253 words
  • Page 3 Advertisements
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  • Page 5 Advertisements
    • 20 5 Stir up the interest of over 460,000 readers i|J for as little as $26. Call 1800-737* 1166 for fast results.
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  • SINGAPORE markets
    • 630 6  -  comment STOCKS r. sivanithy LOCAL investors must have tremendous confidence US Federal Reserve chairman Alan Greenspan can turn the US economy around and engineer a soft landing through Interest rate cuts the Straits Times Index rose for the third straight session
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    • 353 6  -  i comment CURRENCIES larry wee A SHARP drop in US consumer confidence forced the trimming of long US dollar positions yesterday, ahead of the much-awaited Fed interest rate cut and US Q4 GDP numbers due last night. News the confidence
      Source: Reuters  -  353 words
    • 291 6 Stock* Volurrw Chart Semiconductor 26c 29,573,000 PCI 25c 27.078,000 AEM-Evartech 5c 26,488,000 PaclfloCantufylOc..... 21,668.000 MadiaRIng 10c 17,861,000 Omnl Ind 10c 17,387,000 AddvalTach 2.5c -15,962,000 ST AMsmbty 25c 12,666,000 EI-NotS 1c 11,604,000 Vlckara Capital 25c 10,945,000 Stocta I Chart Semiconductor 26c 174,474,061 DBSGrp 63,171 ,882 Omni Ind10c 53,318,070 OUB 48,664,193 OC0C
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    • 241 6  -  HOT STOCK Byy Ven Sreenivasan SAYING that it could have a difficult year ahead did little to dampen the enthusiasm of investors for Chartered Semiconductor Manufacturing, which surged 80 cents to 16.05 yesterday. But the leap also reflected the fact that the stock was playing
      241 words
    • 118 6 VICKERB Capital director ThloSu Mien has resigned with effect from Jan 29. Dr TWo has also concurrently stepped down as member of ?%e audit committee ofthe company. ♦SINGAPORE Exchange has announced that Ho Tian m Yee, Hidetoshi Mine, Victor p Liew, Robert Stein and Won Ngit Liang have
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    • 177 6  -  WARRANT WATCH By R Sivanithy THE latest warrant to list here la Issued by Flalrls Technology, an electronics company that used to be called Allied Components. The Instrument has only traded for two days and hasn't done much so far, probably because of a
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  • Page 6 Advertisements
    • 146 6 7 A-i BV^ m c OMMAND It's a buoyant market for work boats as well as small ships of all kinds and all signs point towards a significant increase HUB in the Asian small ship industry. Take command of this excellent opportunity 1o showcase /our company and products in 'j
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  • SINGAPORE news
    • 583 8  -  Bat performance hinges on market conditions and crude oil prices: EDB By] Eugene Low SINGAPORE'S chemicals cluster should continue to enjoy double-digit growth this year after a robust 37 per cent expansion in 2000. But whether there will be an improvement in the
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    • 210 8 SIX top)-ranking executives from multinational corporations have been appointed to the Economic Development Board' (EDB) board of directors with effect from today. They are Caltex Corporation chairman, chief executive officer and chief operating officer Jock Mckenzie; Daimler-Chry-sler South-east Asia president and CEO Frank Messer; Pfizer
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    • 437 8  -  By Serena Ng HEWLETT Packard Singapore (HPS) announced yesterday it will invest $70 million over three years to set up a manufacturing base here for Unix servers, workstations and storage devices. The move will benefit local suppliers to the tune of
      LAU FOOK KONG/ST  -  437 words
    • 54 8 Corrections clarifications IN yesterday's report "EDB takes 15% stake in UMC's wafer fab", we were incorrect to have inferred the Economic Development Board's 15 per cent equity stake in the US$3.6 billion foundry will amount to US$54O million. EDB has not disclosed how much the stake will cost. We are
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    • 586 8 32,385 vacancies last year 29% more than 1999's ABOUT one-third of last year's 32,385 job vacancies required tertiary qualifications, reflecting a shift in manpower demand towards those with more knowledge and education. Overall, thanks to the more buoyant economy in 2000, the number
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    • 240 8 THE Infocomm Development Authority of Singapore (IDA) yesterday approved Singapore Telecom's Reference Interconnection Offer (RIO), which aims to facilitate interconnection agreements between Sing Tel and other telecom licensees. The RIO, which comes into effect immediately, sets out prices, terms and conditions for other telecom licensees
      240 words
    • 356 8  -  By Marissa Chew A STUDY by the National University of Singapore says that the local construction industry is bogged down by too many regulations. The government agrees and says it is already looking into cutting down the number of rules. At a
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    • 400 10  -  Govt aims for better coordination for one-stop-shop service By] Eugene Low THE government is looking at ways to better coordinate and package its various schemes aimed at promoting entrepreneurship, says Deputy Prime Minister Lee Hsien Loong. Fielding questions from students at a forum
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    • 511 10  -  57.6% changed homes from 1990 to 2000; household size dips from 42 to 3.7 By Marissa Chew SINGAPORE is a nation on the move close to three-fifths of households have changed homes in the past 10 years, the 2000 population census shows. Advance data
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    • 528 10  -  Fund managers await banks'rates for the scheme By Ling Su Ann THE Supplementary Retirement Scheme (SRS) has attracted a mixed response from financial professionals and the public, with the biggest grouse being the 5 per cent penalty charge for early withdrawals. Commenting on
      528 words
    • 168 10  -  By Janice Lee EMPLOYEES can look forward to more health initiatives at their workplaces, according to the Tripartite Committee on Workplace Health Promotion, which released its formal report yesterday. The report features several key recommendations, two of which are designed to complement the Helping Employees Achieve LifeTime
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    • 210 10 A PRIME residential site at Zion Close has been put up for sale by private treaty with a price tag of $49 million, or about $480 per sq ft per plot. Marketing agent Jones Lang LaSalle said yesterday the site has a land
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    • 232 10  -  ■T5730n the economy bank loans By Serena Ng BANK lending grew a slightly better-than-expected 4.7 per cent year on year in December, according to figures released yesterday by the Monetary Authority of Singapore. Loans to non-bank customers rose by $1.3 billion or 0.8 per
      Source:  -  232 words
    • 149 10 EFFORTS are underway to create a digital storehouse of Singapore's "knowledge base". The National Archives of Singapore (NAS), Kodak and SQL View signed a memorandum of understanding yesterday to develop an electronic archiving system. The $300,000 system will make selected electronic documents generated by the Civil Service
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  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • Page 10 Advertisements
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  • MAIL bag
    • 143 11  -  el-Nets IPO Denis Distant Singapore, via Internet I REFER to your article "Why ei-Nets IPO was not canned is a mystery" by Andrea Tan (BT, Jan 27). If the Singapore Exchange hands out waivers as it did for ei-Nets without giving any explanation for
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    • 189 11  -  Richard Chua Singapore, via Internet I REFER to your article "Why ei-Net IPO was not canned is a mystery" by Andrea Tan (BT, Jan 27). I fully agree with the views expressed. The only condition set by the Singapore Exchange for listing
      189 words
    • 109 11  -  Alexander Yew Singapore via Internet I REFER to your article "Why ei-Nets IPO was not canned is a mystery" by Andrea Tan (BT, Jan 27). The market is projected to improve over the next six months. I believe that the Singapore Exchange was looking more
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    • 392 11  -  Narayana Narayana Singapore, via Internet I REFER to your Hock Lock Siew column, "Why ei-Nets IPO was not canned is a mystery" by Andrea Tan (BT, Jan 27). Your writer freely admits that "there is only one quantitative requirement to list on Sesdaq".
      392 words
    • 91 11  -  John Ong Singapore, via Internet I REFER to your article "ei-Nets IPO only one-third subscribed" by Andrea Tan (BT, Jan 20). The Singapore Exchange (SGX) has certain rules regarding minimum share ownership in an IPO. Recently, a certain issue was undersubscribed and the
      91 words
    • 158 11  -  Ronald Chang I refer to the letter "A suggestion to pay off balance of lapsed CPF policies" by William Cai Tiancai (Mailbag, Jan 16). CPF members whose regular premium insurance policies have lapsed or become paid-up could check with their insurance companies on the
      158 words
    • 682 11  -  Gigo Alampay Philippines, via Internet I REFER to your commentary "A triumph of mob rule in the Philippines" by A 1 Labita (BT, Jan 23). I, too, had my concerns about the manner in which power was transferred from Erap (Joseph Estrada) to
      AP  -  682 words
    • 106 11  -  Micheal Skully, Australia, via Internet I REFER to your commentary "Homing in on school grading" by Lee Han Shih (BT, Jan 23). Property values not only follow quality schools, but also help fund them. Much of the US school system is based on
      106 words
  • Page 11 Advertisements
    • 65 11 We welcome letters. E-mail us at btietterU sph.com.sgorfax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind libel
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    • 465 11 i 7*l iT T 1 'if>Wrr"*+ tt ECS HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 1 October 1998) Invitation in respect of 40,000,000 ordinary shares of $0.10 each comprising 35,545,000 New Shares and 4,455,000 Vendor Shares as follows:(1) 3,000,000 Offer Shares at $0.66 each by way of public
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  • EDITORIAL & opinion
    • 814 12  -  riTPI bottom line OPINION g panicker The writer is a journalist with BT's Foreign Desk THERE are a number of reasons why the US enjoyed "the longest expansion in history" during the Clinton decade. Among them: an environment of low interest rates that
      814 words
    • 110 12 4 What we need is people's power to remove all the bad lawmakers. That way, the people could express their wishes.' -LeeHsm-hna a Taiwanese anti-nuclear protester, after lawmakers passed a resolution demanding that the government finish building its fourth nuclear plant. Work on the plant was suspended
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    • 640 12 EDITORIAL HAS the pace of financial deregulation in Singapore been too fast? Have local firms had enough tune to gear up to the demands of full-fledged competition? Some stockbrokers certainly seem to feel rushed The big foreign houses can now trade directly in local stocks
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    • 1098 12  -  The whole US economic outlook has changed recently-and that portends trouble for the rest of the world By 1 Paul Samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LATWP ECONOMIC events change in wondrous and unpredictable ways.
      LATWP; AFP  -  1,098 words
    • 742 12  -  COMMENTARY Hordes of grey-haired retirees could badly hnrt globalisation By] Reginald Dale IHT [WASHINGTON] For most people, global ageing does not suggest a disaster scenario on a par with global warming or some new, incurable plague. But the inexorable ageing of populations resulting from
      IHT  -  742 words

  • e-NEWS
    • 652 13 TOKYO Sony Bank Corp will aim to target individual shoppers on the Net Reuters JAPANESE electronics heavyweight Sony Corp, taking a big step closer to prying open Japan's cosy banking sector, said on Tuesday it had applied for a banking licence
      Reuters  -  652 words
    • 222 13 PARIS Bloomberg ALCATEL SA, Europe's second-biggest phone-equipment maker, forecast profit and sales growth will slow this year as US phone companies reduce spending. Sales will rise 20 to 25 per cent this year, down from an earlier forecast of 25 per cent,
      Bloomberg  -  222 words
    • 471 13 MUNICH Bloomberg SIEMENS AG, German's biggest electronics company, said fiscal first quarter profit rose 32 per cent, helped by its light bulb and power plant units, and again predicted growth will slow this year as global demand ebbs. Siemens said net income
      Bloomberg; REUTERS  -  471 words
    • 521 13 TOKYO Plans to shift focns to developing game titles for former rivals like Sony Bloomberg SEGA Corp threw in the towel on its Dreamcast videogame console after almost four years of losses, saying it will focus on developing and selling game titles to
      Bloomberg; AFP FILE PHOTO  -  521 words
    • e Briefs
      • 76 13 Reuters [TOKYO] Japan's Nippon Telegraph and Telephone Corp yesterday said that rate cuts in the fiscal year to March would cost it 290 billion-yen (514.3 billion) in operating profits in its local and domestic long-distance operations. NTTs revised profit forecast reflects growing
        Reuters  -  76 words
      • 74 13 Reuters [TOKYO] NEC Corp yesterday said it agreed to sell most of its 36 per cent stake in Ando Electric Co Ltd to Yokogawa Electric Corp for 13.2 billion yen (*****.5 million). The deal will make Yokogawa, the world's second largest maker
        Reuters  -  74 words
      • 93 13 Bloomberg [HONGKONG] Pacific Century CyberWorks sold its 30 pa* cent stake in Australia's Spike CyberWorks Ltd to Techpacific.com in an all-shares transaction valued at HK145.7 million (5510.2 million). Hongkong-based Techpaciflc, which invests in growth technology companies, said it will issue 114.2 million shares to Pacific
        Bloomberg  -  93 words
      • 84 13 Reuters [TOKYO] Shipments of Japanese personal computers are expected to rise 21 per cent in calendar 2001 to 16 million units, a research company said yesterday. The healthy prospects for PC shipments, which include both domestic sales and exports, were attributed to rising demand
        Reuters  -  84 words
      • 81 13 Reuters [SAN DIEGO] Computer maker Gateway Inc on Tuesday said it had replaced its chief financial officer as part of a management shake-up. Joe Burke was named senior vice-president and chief financial officer, succeeding John Todd, who is "leaving the company to pursue other interests", Gateway said.
        Reuters  -  81 words
    • 412 13 WELLINGTON Securing* loan wtil help firm's chances to win the Aussie bid Bloomberg TELECOM Cap of New Zealand said banks are "very interested" in lending it money to help buy Cable Wireless Optus Ltd, even as global telephone companies struggle to
      Bloomberg  -  412 words
  • Page 13 Advertisements
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  • MALAYSIA news
    • 642 15  -  They have 7 market days from Feb 15 to reveal financial health or risk delisting From] Diana Oon Abdullah in Kuala Lumpur LISTED companies in financial difficulties will have seven market days from Feb 15 to make a detailed announcement on whether
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    • 436 15 KUALA LUMPUR Analysts sceptical about company's earnings forecasts Reuters A SPECIAL briefing for analysts late on Tuesday by Time dot Com chief Halim Saad is unlikely to have drummed up much support for the telecom firm's upcoming IPO, analysts said yesterday.
      Reuters  -  436 words
    • 148 15 KUALA LUMPUR AFP JAILED Malaysian politician Anwar Ibrahim, in hospital for 10 weeks with acute back pain, said yesterday authorities are preparing to transfer him back to prison. "I can confirm there are moves to send me back to
      AFP  -  148 words
    • 369 15 KUALA LUMPUR Bftt&ileragrwpcite impact of US slowdown AP AFX-Asia MALAYSIAN consumers are feeling less of an urge to spend, partly as a result of the expected slowdown in the US economy, leading a retail association yesterday to project lower sales growth for
      AP; AFX-Asia; AFP FILE PHOTO  -  369 words
    • 255 15 KUALA LUMPUR AP MALAYSIAN officials tried to defUse a worsening spat yesterday between a state government ruled by an Islamic fundamentalist party and the state's sultan. The dispute between the Pan-Malaysian Islamic Party, the largest opposition party nationwide and governs the state of
      AP  -  255 words
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  • REGIONAL news
    • 574 16  -  Ousted chief vows legal battle, bat markets stay calm despite looming political crisis From. Al Labita in Manila A LEGAL battle is shaping up on who indeed is the Philippine president Gloria Arroyo or Joseph Estrada? This surfaced yesterday after Mr Estrada declared he
      AP  -  574 words
    • 425 16  -  They have 236 projects; Taiwanese are next with USs6b From Harish Mehta in Hanoi SINGAPORE companies are by far the largest foreign investors in Vietnam, having committed U556.74 billion (5511.7 billion) on various projects since the country opened its doors in
      425 words
    • NOTE Book
      • 70 16 Reuters [BANGKOK] Telecoms tycoon Thaksin Shinawatra yesterday moved to secure control of the new Thai parliament just as unofficial results from by-elections suggested his party might not win an overall majority. Mr Thaksin invited the small Chart Thai Party to join the three-party coalition.
        Reuters  -  70 words
      • 78 16 Reuters [BANGKOK] Thailand's largest industrial conglomerate Siam Cement yesterday announced a much smaller than expected net profit for 2000 but forecast an improvement in its fortunes in 2001. Siam Cement said it made a net profit of just 41 million baht (Ssl.7 million) for
        Reuters  -  78 words
      • 70 16 Reuters [BANGKOK] Thailand's Krung Thai Bank expects to post another net profit in 2001 and see its bad loans falling to just 4 per cent of total lending by the year-end.' The bank should have a net profit, more or less, in every
        Reuters  -  70 words
    • 532 16  -  It considers decision ft vote of confidence in regional economies By Christopher Tan [SINGAPORE] BMW Hi announced yesterday that it would take over sales functions in the Philippines, just two days after setting up its own wnoiesaie company in Indonesia. The moves
      532 words
    • 153 16 Reuters [WASHINGTON] The World Bank approved a loan programme for Indonesia on Tuesday worth US$4OO million (***** million) a year for three years and said future aid levels could be higher if significant progress was made on economic and social reforms. The bank said
      Reuters  -  153 words
    • 293 16 JAKARTA AFP, Reuters THE Indonesian Bank Restructuring Agency (Ibra) will not cancel the sale of 25 palmoil plantations of the heavi-ly-indebted Salim group to Malaysia's Kumpulan Guthrie despite protests at home, a report said yesterday. "Cancelling the sale will have serious consequences,"
      AFP,; Reuters  -  293 words
    • 466 17 TAIPEI The move, which may resolve political row, lifts the stock market with main index adding 2^% AP Bloomberg OPPOSITION lawmakers passed a resolution yesterday demanding that Taiwan finish building its fourth nuclear plant, a move that could bring the island
      AP; Bloomberg; REUTERS  -  466 words
    • 166 17 TAIPEI Bloomberg TAIWAN plans to pour billions of dollars into roads, bridges and other public works this year to bolster the island's slowing economy. The government said it allocated an extra NT$lll.5 billion (Ss6 billion) in extra Budget money for public works projects, which
      Bloomberg  -  166 words
    • 347 17 HONGKONG Hutchison won't do it because the two firms are rivals Reuters, Bloomberg HONGKONG'S richest dad yesterday sought to quash speculation that he would use his Hutchison Whampoa conglomerate to bail out his son's struggling Internet and telecoms firm. Li
      Reuters,; Bloomberg  -  347 words
    • Mahindra Q3 profit fells 43%
    • 360 17 ■LUCKNOW Reuters INDIAN Prime Minister Atal Behari Vajpayee said on Tuesday the government would impose new taxes to meet the cost of rebuilding the earthquakeravaged western state of Gujarat. "We have no choice but to introduce new taxes to meet the requirement
      Reuters; REUTERS  -  360 words
    • 261 17 TAIPEI About 20% of firms invest in China without official approval: report AFP TAIWAN enterprises have funnelled up to NT$3 trillion (Ssl62 billion) in investment to the mainland in the last 14 years, a Taiwan professor said according to a report yesterday. Taiwan's
      AFP  -  261 words
  • Page 16 Advertisements
    • 845 16 ASEAN FUND LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of ASEAN Fund Limited wishes to make the following announcement: AUDITED RESULTS FOR THE FINANCIAL YEAR ENDED SI OCTOBER 2080 1 Nov 1999 1 No* 1998 to to 31 Oct 2909 31 Od 1999 (USS'OOO) (UST9O9) 1.
      845 words

  • Page 17 Advertisements
    • 954 17 ASEAN SUPREME FUND LTD (Incorporated in the Republic of Singapore) The Board of Directors of ASEAN Supreme Fund Ltd wishes to make the following announcement UNAUDITED RESULTS FOR THE HALF YEAR ENDED 31 OCTOKft 2Mt 1 May 2000 to 11toy 1999 to 31 Oct 2IM 31 OcMOOO (ussdm) (usrooo) 1.
      954 words

  • WORLD news
    • 512 18 P^Mayoffs SAN FRANCISCO Cost-cutting move taken to offset declining revenue from stock trading Bloomberg CHARLES Schwab Corp, the biggest US discount brokerage firm, will ask up to half its employees to take unpaid days off in the next month, as
      Bloomberg  -  512 words
    • Disk-drive maker Komag to cut 500 jobs
    • 588 18 Q4 results beat expectations bat firm plans cutbacks in workers, facilities LAT-WP, Reuters ONLINE superstore Amazon.com, which beat analysts' fourth-quarter earnings estimates on Tuesday, said it would close facilities and slash 15 per cent of its work force in order to
      LAT-WP,; Reuters; AP  -  588 words
    • 340 18 TOKYO Genua auto gut said to have hired crisis team to fffitpetential hostile bid* AFP AP JAPAN'S Toyota Motor Corp yesterday categorically ruled out an attempt to buy troubled DaimlerChrysler AG after reports said that the German auto giant had hired a crisis team to
      AFP; AP  -  340 words
    • 272 18 TOKYO Bloomberg JAPAN'S government debt will more than double to 773.5 trillion yen (5511.4 trillion) in 14 years even if the economy grows 2 per cent a year, the Ministry of Finance said. The estimate was included in the ministry's
      Bloomberg  -  272 words
    • 716 19 WASHINGTON Figure is lowest in 5-1/2 years and increases likelihood of another Fed cut Bloomberg THE US economy expanded in the fourth quarter at the slowest pace in 5-1/2 years, as consumer spending cooled and business investment fell for the first time since
      Bloomberg  -  716 words
    • 462 19 Move is latest attempt to sideline Bank of Scotland Bloomberg [LONDON] Lloyds TSB Group pic offered £19.8 billion (5550.4 billion) for Abbey National pic in its latest attempt to derail merger talks between Britain's second-larg-est mortgage lender and Bank of Scotland. Abbey National,
      Bloomberg; AFP  -  462 words
    • US Results
      • 104 19 Reuters [ATLANTA] Coca-Cola Co, buoyed by unexpectedly better results in its international markets, yesterday reported a fourth quarter profit in line with Wall Street expectations, as revenues slipped one per cent in the quarter. It earned US$242 million (Ss42l million), or 38 cents a
        Reuters  -  104 words
      • 175 19 The Washington Post [WASHINGTON] Aetna Inc, the largest US managed healthcare company, reported on Tuesday that it lost U*****.3 million (Ss7o7 million) or US$2.B7 a share for the three months ended Dec 31, a decline of more than half a billion dollars from the same period
        The Washington Post  -  175 words
      • 100 19 Reuters linii w i ukkj i'epsi Bottling liroup, tne woria s largest distributor of PepsiCo beverages, on Tuesday reported a fourth quarter profit, topping analysts' expectations. Excluding unusual charges and credits, the company posted a fourth quarter profit of US$4 million (Ss7 million), or 2 cents
        Reuters  -  100 words
    • 196 19  -  From D Ravi Kanth in Geneva THE World Trade Organization on Tuesday formally approved Qatar's offer to host its fourth ministerial conference in Doha later this year, but the dates for the meeting have not been finalised, according to trade diplomats. After
      196 words
    • 112 19 UNITED NATIONS AFP FOREIGN direct investment (FDI) in developing countries reached US$l9O billion (*****.6 billion) last year, but the gap between rich and poor nations grew wider, UN figures show. The data was contained in a landmark report prepared for a UN conference on
      AFP  -  112 words
    • 409 19 NEW YORK Media giant's a4jnsted cash flow up 14% to USs2.4b Reuters NEWLY merged AOL Time Warner, the world's largest Internet media company, said yesterday that fourth-quarter adjusted cash flow rose 14 per cent and its net loss widened to US$l.O9
      Reuters; REUTERS  -  409 words
    • 520 20 TOKYO Increases are fairly tame, but raise fears over banking sector's health NYT IN recent weeks, European and US banks have raised the interest rate premium they charge their Japanese counterparts on short-term loans, a small but worrisome sign that the financial health
      NYT  -  520 words
    • 289 20 LONDON More fond managers are investing on a sectoral basis Reuters MORGAN Stanley Capital International (MSCI) on Tuesday said it launched a new index product designed to help investors to better track and study the performance of global equity markets. The new product, MSCI All
      Reuters  -  289 words
    • 171 20 TOKYO AFP FAILED department store chain Sogo Co Ltd yesterday won approval for its rehabilitation plan from majority of its creditors and the court. More than 90 per cent of about 3,300 creditors present at a special meeting voted for it. "We got approval from more
      AFP  -  171 words
    • 298 20 MADRID AFP INTERNATIONAL tourism boomed last year, with a record 689 million people taking trips outside their home country, up 50 million or 7.4 per cent from the 1999 figures, the World Tourism Organisation (OMT) said on Tuesday. The figures "exceeded the
      AFP  -  298 words
    • 954 20  -  Trade representative nominee stresses need for fast track authority, reports Leon Hartar from Washington Leon Hadar PRESIDENT George Bush will work to build up a solid bipartisan consensus in support of advancing the global free trade agenda, including for the
      AFP  -  954 words
    • 366 20 NEW YORK Shares fall 27% after it studies Ch 11 to end financial strain Reuters W R Grace Co shares fell nearly 30 per cent on Tuesday after the chemical company said it was considering filing for Chapter 11 bankruptcy protection
      Reuters  -  366 words
  • Page 18 Advertisements
    • 866 18 (NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TINYI OIL PTE. LTD. (MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50
      866 words

  • Page 19 Advertisements
    • 172 19 K THERE'LL BE JUST ONE BIG WINNER AT THIS YEAR'S INVESTMENT FUND AWARDS The Investment Fund Awards, organised by The under the hammer to raise funds for a good cause. Standard Chartered Bank, Reuters and The The organisers hope to top the $90,000 raised by Business Times annually honour the
      172 words


  • FINANCE & commodities
    • 322 21  -  SGX Derivatives Tradlngßeport ST Index/MSdSTpore Index Lau Chee Keong Refco Singapore THE Singapore stock market rose yesterday as hopes of lower interest rates continued to boost market sentiment. A stronger close of US markets on Tuesday aided the rally in the local market. At
      322 words
    • 228 21  -  MSd Taiwan Index Lau Chee Keong Refco Singapore THE Taiwan stock market rose for the second day in a row yesterday on persistent foreign buying on hope that the US Federal Reserve would lower interest rates. However, the market closed off its high on profit-taking
      228 words
    • 168 21 ENERGY REPORT Reuters [LONDON] Oil prices were on a firmer footing yesterday, buoyed by a big fall in US crude oil stockpiles, although gains were tempered by signs that a sluggish US economy might be dampening demand for gasoline. World benchmark Brent blend
      Reuters  -  168 words
    • 343 21 Reuters London THE US dollar hung near the week's lows against the euro yesterday, unable to find support from the potentially stock-boosting impact of an anticipated half-point cut in US interest rates. But it rose against a broadly weak yen, rebounding about a yen from Tuesday's three-week lows,
      Reuters  -  343 words
    • Article, Illustration
      1194 21 nrTBEBAMK CROSS RATB8 Jan3i *S a Mb fan nr 9m m t*»»l»iH Yw Wow KM Ftso S$ HM Sfr NTS Batt Hmt US$ Antral 0.122 4.540 0.588 3.859 1150 4.266 ***** 5U99 0.637 6.887 2.079 1243 32JV4 26.805 0.954 4242 0.899 17.703 ***** 0.374 0.547 Cam* <216 5.522 0.716 4.692
      1,194 words
    • 1833 21 SICOH FUTURES Jan 31 RUBBER (futures closing »s at 5.30pm) RSS1 CONTRACTUS cents/kg) ClQM VolMW OpM Month M* Low Sit (towm) Irtrwt Feb 01 .106.00 Mar 01 107.25 WO Apr 01 110.50 400 May 01 113.00 400 RSS 3 CONTRACT (US cwtsAg) _OpM Month Hkjh law Sett (ton—8) Interest s
      1,833 words

  • STOCKS east asia
    • 2830 22 HONGKONG AFP HHangSeng +209.28 HONGKONG share prices closed 1.3 per cent higher yesterday led by overnight gains on Wall Street and expectations the US Federal Open Market Committee (FOMC) will cut interest rates, dealers said. The key Hang Seng
      AFP  -  2,830 words
    • 365 22 AFP QWP Index +***** TAIWAN share prices closed 2.5 per cent higher yesterday on expectations that political wrangling over a nuclear power plant would soon come to an end, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 143.70 points to 5,936.20, on turnover of NT5165.78 billion. Risers
      AFP  -  365 words
    • 2080 22 TOKYO AFP Hmmwmb +mo SHARE prices in Tokyo edged up 0.1 per cent yesterday in sluggish trading as investors were sidelined, waiting for the US markets' reaction to an expected interest rate cut, dealers said. The Tokyo Stock Exchange's Nikkei--225 index rose 16.90 points
      AFP  -  2,080 words
  • Page 22 Advertisements

  • STOCKS klse
    • 274 23 AFP fjOonffloatelnta +&04 MALAYSIAN shares closed 0.7 per cent higher yesterday on selective buying before the finish of the US Federal Open Market Committee (FOMC) meeting to set Interest rates, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 5.04 points
      AFP  -  274 words
    • 6670 23 INDUSTRIALS Conmmw pnMi 2001 Last Vol Day Nat Cap High Low Camnny W« 'OOP Hljl> Law P/t 310 300 AJInomoto 310 17.0 125.J 45 30 Angkasa 38 -1.3 14 39 II 56.0 332 2M AppNpFood Hlg 312 4 1 332 332 1324 330 308 Allan* 340 unch 7 344 334
      6,670 words
  • Page 23 Advertisements

  • SGX clob & regional stocks
    • 2142 24 BOHPS WARRANTS Jan 31 Wt Ml M i-**n ,2-WMt la* M Day kn M Um imr Hk Mta Mfk in j Mi «r WW U» T» IMMI* ftfce <%> Hit 47 1 s Acma W*****4 1 03 2 2 41.0 t 300 356 66.00 6 25 2.5 s AIITech W*****7
      2,142 words
    • 547 24 AFP Fl AH Primaries *7.40 AUSTRALIAN shares closed 02 per cent higher yesterday as investors awaited an anticipated interest rate cut in the US, brokers said. The All Ordinaries index closed up 7.4 points at 3,291.5 while the SP/ASX 200 index gained 6.8 points to 3,341.7. Turnover was 664.92
      AFP  -  547 words
    • Article, Illustration
      726 24 AFP HSETMbi +7.56 THAI stocks rose 2.3 per cent yesterday as interest in bank and finance stocks made up for profit-taking in other sectors, dealers said. The Stock Exchange of Thailand (SET) Composite Index rose 7.56 points to close at 332.77 while the SET 50 inched up 0.58 points
      AFP  -  726 words
    • Article, Illustration
      708 24 AFP, AFXAsia FlftmpoateMßi +MB INDONESIAN share prices closed 2.2 per cent higher on bargain-hunting yesterday with sentiment boosted by expectations of a US interest rate cut, dealers said. The Jakarta Stock Exchange Composite Index closed up 9.28 points at 425.61. Volume was 1.04 billion shares valued at 578.11 billion
      AFP,; AFX- Asia  -  708 words
    • 269 24 AFP HlBSE-40 +1152 NEW Zealand shares rose 0.8 per cent yesterday on continuing positive investor sentiment, dealers said. The NZSE-40 Capital Index closed up 16.52 points at 2,007.95 on total turnover of NZ$138.37 million, topping off one of the best January performances since 1994. —AFP m nw) Advantage HDS
      AFP  -  269 words
    • 313 24 AFP 71 Composite Index ****** SOUTH Korean shares rose 4.5 per cent yesterday with the index up 26.57 at 617.91. Volume was 433.4 million worth 2.5 trillion won. —AFP Jill Ww A nam Semi 5060 80 Brain Tech 600 -20 Central Bank 170 unch CheilComm ***** 3000 Daa Gu
      AFP  -  313 words
    • 288 24 AFP rl Composite Index +18.57 PHILIPPINE share prices closed 1.1 per cent higher yesterday with the Composite Index up 18.57 points to close at 1,687.00. Volume reached 1.37 billion shares worth 1.03 billion pesos from Tuesday's 1.9 billion shares worth 728.54 million pesos. —AFP Jaa 31 Pase COOP) Abacus
      AFP  -  288 words
  • Page 24 Advertisements

  • 6135 25 SOX MAXMBOARD Transaction date: Jan 31 Or Or M Wt S2-WH La*t Vol Day Last Oust* Div Dtv YM Nat Cop Av* High Law Company lata COOP) HW> Law Myar totior H C'yr H P/E $mi Prtco MULTHNPUSTRY '56 64 mc AcmaSOc 66 »i ft* f To? 3
    6,135 words
  • Page 25 Advertisements

  • New Asia Biz Woman
    • 1185 26 Successful author Terry McMillan unveils her literary double Paris, a bossy overachiever, in her latest novel A Day Late and a Dollar Short about the Price family's trials and tribulations LAT-WP THE spectacularly successful author Terry McMillan is beloved for recognising the lives
      LAT-WP; AP  -  1,185 words
  • Page 26 Advertisements
    • 113 26 projecteyeball. HHp TF a. LSI no one I 4?w> e Government wants t0 reac^•JP' l^P" r I II K 111 out and engage young HH m?zs Singaporeans, why not set up a ■Us. your and uninterested in politics -to I f^.' Sandra 4, Project Eyeball finds out how the ,m|
      113 words

  • Page 27 Advertisements
    • 80 27 Where to wine, dine and entertain...'"t(»>&^f HAVE A PROSPEROUS START TO THE YEAR OF THE SNAKE AT PLAZA HOTEL Holding Meeting? I—l ■■fa Finding a venue for a meeting? A training session? A seminar? Choose Hotel Wlnctoof! With a sitting capacity of 40, and a choice of classroom and theatre
      80 words
    • 50 27 r I W 1 at I »I«T»U«*KT v Buffet Luich. Noon to 2.30pm (Closed on Saturdays) I I 6.30pm to 10.3Qpm (Daly) For ressrvofions, calus at (65)333-1788 or lek (66) 333-1860 •r I rvwoMWw. j-'J COIOOS the ri B j® I I V\ <* i i J MRn us MtAdUT
      50 words
    • 36 27 Famas Traditional \(g); Raw Fish a Salad Spring Court The Oldctt Chinese Rataunmt in Singcfwre lince 1929 -|r«L,,i B 488, Upp Eosl Coo*t Rood lafc *****30/*****34 ajjgjk^g Whofs going to oe n<g]g? J' ,V < r x-ff-r.;.
      36 words
    • 83 27 H|||M|||iij|M i B' •-.**«—J /TV 9 *«i I Wlplll «T The Coffee Bean 71 n f |j|t|iMpPWlfii fl fi dUemmaM; Safmon f to Bill, WWW forfait and many othemßt nutritiousdMghtsfwi tere few dollars each. All Breakfast include free refills of Todayfßrew tea orQjffee till 11am daily. Enjoy tkm most important
      83 words
    • 45 27 11 Ha L mmm drm The Neptune Presents Beijing Open performance by members of the Pel Yan Ling .1 Opera Arts Centre, Hebei 4,10,11,17,24,25 February 2001 TeL 224 3203/831 6288 x ma 3)3 Orchard Road. Slwpni w 23tM7. TH: 737 441 "t F»t 732 2361
      45 words
  • Page 27 Miscellaneous
    • 829 27 mi H i ii ..i ■Mi. BJO News sTonight. HHHHHHHBHHHBI night/Tech News. sww»"» ■-'■■->..■*. 10.00 The Practice. 0.00 AM Headlines. ILOO Asia Tonight. 9.00 AM Kids Central: Sesa- 1130 Once Again. o w Quick Chat/Knowing U3O In Conversation. me Street. 1230 MNSilkStalkings. Asia. 1100 MNThe World To--10.00 Steven Spielberg Pres-
      829 words
    • 297 27 OKVFTIC CROSSWORD ACROSS ihis can be celed a petty quarrel 1 Finished a dish of spaghetti, W nnnnliti (j) 7 Reveal a continental qui* (7) 4ln fact, a statement woundrtg to 8 Torrid, tha Spanish inn (5) one (4-5) 10 Pteoed together criminal activity 9 Sunday hat from Cork say?
      297 words


  • EXECUTIVE Suite
    • 1018 29  -  If s a pity that a condo is beyond the reach of today's young Singaporeans, developer Annie Loke tells TAW ANDREA TAN ANNIE Loke is worried. Worried that her two 20-something sons will not be able to afford a piece of private property in Singapore.
      ARTHUR LEE  -  1,018 words
    • PROPERTY
      • 1775 30  -  The residential sector saw virtually no change for the whole of 2000 while the other sectors had healthy increases of 15 to 28 per cent By Alan Chow,Leonard Tay The writers are from CB Richard Ellis' consultancy and research department THE release of the fourth-quarter
        FILE PHOTOS  -  1,775 words
    • LEGAL MATTERS
      • 1773 31  -  CHAN CHEN TEE weighs the pros and cons of buying property under a corporate entity rather than in the name of an individual CHAN CHEN YEE The writer is a partner at Drew Napier APART from buying real estate in your
        FILE PHOTO  -  1,773 words
    • BY DESIGN
      • 912 32  -  At least two stores in town promise to develop a storage system that makes it easy to manage your clothes, linen and other possessions. And if s not as expensive as you think, as MARISSA CHEW finds out MARISSA CHEW YOU know you have a
        PHOTOS COURTESY OF CUPBOARDS; ARTHUR LEE  -  912 words
      • 900 34  -  What you do in the kitchen whether it is preparing 10-course meals or nothing more complicated than instant noodles will help determine what the ideal kitchen for you is By Colin Lee Colin Lee is a freelance writer KITCHEN design is an art. Much planning is
        FILE PHOTO  -  900 words
      • Article, Illustration
        2 34
        2 words
    • OVERSEAS PROPERTY
      • 961 35 They have overshot even the affordability of wealthy celebrities and pundits predict a fresh rise this year [LONDON] AS if Swedish football coach Sven Goran Eriksson did not have enough on his plate trying to revive the English national team's flagging fortunes; first he has to
        AFP; REUTERS  -  961 words
    • HOUSE HUNT
  • Page 29 Advertisements

  • Page 30 Advertisements
    • 76 30 f (fflS JONES LANG{ll| LaS alle Hotels. Dooralong Valley Resort Central Coast Hinterland, NSW AUSTRALIA Superb Central Coast hinterland location just 1.5 hours from the Sydney city centre 66-room retreat with large conferencing facilities and equestrian facilities Substantial land holding with 140 ha Buy at substantial reduction on replacement cost
      76 words
    • 50 30 For Sale Brand New 8-Storey Strata-filled Industrial Building at Little Road Land area: Approx. 24,985 sf Gross floor area: Approx. 62,443 sf Strata area: From 3,272 to 50,291 sf Freehold Ceiling height: 4 6m Floor loading: 12.5 15 KN/m 2 En bloc sale or Strata sale IlOfjZ Debenhom ■■Tie Leung
      50 words
    • 55 30 OFFICE BUILDING FOR SALE Address 67 Beach Road Description 6-storey commercial building with a half basement level Land Area 366.5 sqm or 3,945 sqft Floor Area 1748 sqm or 18,815 sqft Tenure 999 years wef 1827 Masterplan Zoning Commercial (MP1998) with plot ratio 4.2 For more details, please contact: Tel:
      55 words
    • 15 30 m gggJ"™ WA N/ Home in on great refurbishing ideas here. The Straits Times Classified
      15 words




  • Page 34 Advertisements
    • 130 34 (gjj} Jones Lang LaSat.t ,F- #4-01 #88-11 mOf Located outside BitmHa Textile Cwtra irituPhm restricted zone in FreeHold 99yrs Leasehold 99yrs Leasehold established housing areas. 31,808 sf (strata) 39,310 sf (strata) 30,947 sf (strata) —rrz Potential to SmgX 6 listing 20-lane Bowling Alley (each) convertto other FOR SALE BY TENDER
      130 words

  • Page 35 Advertisements
    • 63 35 ONG MORC BOBmES PIE LID PRIME Ty DEVELOPMENT SUE AT Ti PASIR PANJANG HILL f FOR SALE BY PRIVATE TREfIY Forfurther details, pieasa contact: KENG SIN at *****86 Location :41 to 47G Pasir Panjang Hill Tenure 999,999 years Site Area 63,707 sq.ft Plot Ratio 1.4 Description ThepWissitdngonahlHocKwhichoflerelhevinnrang developer a chance
      63 words
    • 27 35 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C JLT.S. at 1800-737-1166. f Another Classified Service
      27 words


  • SHIPPING TIMES
    • 270 37 Reuters "THE buoyancy detected in the Atlantic panamax market over the past fortnight has waned, brokers said on Tuesday. jp Fresh orders from the US Gulf were described as light and the limited 1 opportunities in the area could prompt panamax owners to accept softer levels, they said.
      Reuters  -  270 words
    • 247 37 mmmmm i*»\ j*« w pg CWT Distribution 0.47 uncft 10 Chuan Hup 0-37 aW 4705 Cosco mvastmant—0.15 <UX 10 MMUU 0.10 uncft 121 MNMdlng* 0.44 uncft 0 imc HoMtnqt-HK—MO met! 0 JaytllMlHi.......0« 0.01 WO KBSSE5=3S IS 155 Kappal Marin* 0.17 aoi 468 KappatTaM 0.05 217 sr-jis ss: NOL
      247 words
    • 660 37  -  Earthquake has not affected business at PSA's Pipavav port further sonth By) Donald Urquhart [SINGAPORE] Shipping operations at India's busiest port of Kandla in the quake-torn state of Gujarat are limited to relief operations while neighbouring Mundra Port and the PSA Corp-run Pipavav
      660 words
    • 570 37  -  Level of violence daring attacks op: piracy watchdog From, David Hughes in London INDONESIA remains an area where risk of pirate attacks is high, according to the antimaritime crime agency International Maritime Bureau, with 199 attacks on ships reported last year.
      570 words
    • 169 37 ESTONIA SmSDVO [LONDON] A German public prosecutor is examining the sinking of the Estonia to see whether to launch criminal proceedings after television journalist Jutta Rabe, who supported last year's controversial investigation of the wreck by US businessman Gregg Bemis, filed charges of sinking
      169 words
    • 206 37 [LONDON] The French government has given permission for Italian chemical tanker firm Marnavi to pump out the remaining cargo from the tanks of the sunken levoli Sun. The plan to remove the ship's remaining styrene and its bunker fuel was agreed by owner
      206 words
    • SHIPOARD spas
      • 737 38 Cruise passengers are flocking to shipboard spas, preferring exotic massages to other amenities offered NYT THROUGHOUT the *****, new cruise ships at-. tracted attention for adding features like simulated golf ranges, ice-skating rinks and rockclimbing walls. But since the mid-90s, another amenity has quietly outdistanced any other:
        NYT; FILE PHOTO  -  737 words
    • 177 38 PACE Appenshlp 5 Assets 5 Austral 6 Balaji Shpg 5 BSA 7 B'tang Mas 6 can 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Cho Yamj 5 China Shpg 5 Cougar 7 CWT Globcllnk 7 Delmas 4 DjakLloyd 6 Dongnama 3 Eastrans 6 ECL 4
      177 words
    • 13524 44 THEBUSINESSTIMES Page 8 EXPORT THURSDAY, FEBRUARY 1,2001 ETA ETA Advertiser Vessel Voyage Telephone SIN D«t n Nam« Name NumOef Number To ABIDJAN (ABJ) 2003 Cot* D* I voire 14/02 20/03 Del mas SAUDI JEDOAH N41W 15-*****44 IS/02 31/03 COSCO MING HEAVEN 0025W 65-22(1900 20/02 27/03 Ddrnas SAUDI JUBAIL
      13,524 words
    • SHIPS IN PORT
      • 725 46 Vessel Voy No Berth Arrival Departure BtSatriali ***** 31/01/9:15 31/01/20:00 Bintan Mitra JAN-02 J02 31/01/6:50 31/01/23*0 Bt Fa Kumu ***** J01 31/01/8:30 31/01/23*0 Aulia Seraya 03-JAN J06 31/01/7:45 31/01/21*0 Winstar 2 013S01 J03 31/01/755 31/01/21*0 phu Yen 1 1 J14 31/01/7:40 01/02/9*0 Kim Heng 183 MKJ33 J02 31/01/8:40
        725 words
      • 1860 46 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Booking/Balanco Rstls Ship Voy Mo Etb/Btr Period Frow To From ABU DHABI CT23W 3/ttOO IA JVHOO JVI659 JVHOO JVHOO JVHW JVHOO 2A Jl/ITOO 01/0659 OVOWO a jvitoo 0V06M 01/0900 3 oi/otoo ovm9 jvwoo 4 01/1200 0VM9* 01/1700 AUMJAYA 2 1721
        1,860 words
      • 454 46 Carton 100 Max 987.5 0J 15.9 0.06 65 0.03 Jaa 25 Dmstty Watar RmMim Ask Aluminium SadMwnt No atoM E25 0 0 1 0 0 0 r 300 Am 905.9 0.3 13.2 0.06 27 0.01 Kom 300 Max 993.0 0.7 16.1 0.09 54 0.04 wm %M/»
        454 words
      • 185 46 Feb 8 Mexico: Anniversary of the Constitution. FebO New Zealand: Waitangi Day. Fab 19 United States: Presidents Day. Fab 11 Japan: National Foundation Day. Fab 23 Brinei: National Day. Marl South Korea: Independence Movement Day. Iter* Brunei: Hari Raya Haji. Indonesia: Idul Adha A.H. Malaysia: Hari Raya Haji.
        185 words
      • 777 46 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 baaed on averagesized stem. Market movement! are indicated. Hie Cockett Bunko- Price Index change and the Individual
        777 words
    • AIR & LAND transport
      • 396 47 Costing $90m, the two hangars will be capable of accommodating snpeijnmbo 1380 Bloomberg [SINGAPORE] SIA Engineering Co, the engineering arm of Singapore Airlines, said it is increasing investment in facilities to handle up to 30 per cent more maintenance and repair
        Bloomberg; FILE PHOTO  -  396 words
      • 260 47 Reuters [ZURICH] The biggest labour union for cockpit staff at Swissair squared up for what it expects to be some tough talks with the airline's new head Moritz Suter by warning they would not accept a cut in wages. The warning by
        Reuters  -  260 words
      • 366 47 Transport Workers Union will instead back Association of Flight Attendants NYT [ATLANTA] The Transport Workers Union (TWU) has ended its three-year drive to organise flight attendants at Delta Air Lines. The TWU said it will support the Association of Flight Attendants, which also
        NYT  -  366 words
      • 501 47 It cites strong traffic growth and aircraft sales Bloomberg [VIENNA] Austrian Airlines Group said it expects to show a ftill-year "triple-digit million" profit in schillings for 2000 on strong traffic growth and aircraft sales. The group, which also includes Tyrolean Airways and
        Bloomberg  -  501 words
      • 244 47 [SINGAPORE] An Air Emirates jet with 213 passengers on board was forced to abort its take off from Melbourne late on Tuesday The Boeing 777-300 was taxiing along the runway bound for Dubai via Singapore when the incident happened. Passengers and onlookers said
        244 words
      • 81 47 High-flying Mickey gang [TOKYO] Disney characters line up in front of a Japan Airlines 'jumbo jet as the Japan's largest carrier unveils the Boeing 747 featuring illustrations of Mickey Mouse and his friends on its body in a JAL hangar at Tokyo's Haneda International Airport. The plane named JAL Dream
        AP  -  81 words
      • 2189 47 OTT fUCHT CT> fUCHT CT» MaMaM tnm org UMM IA7381 1930 1*7382 205C OFtl 1930 Of 2050 mzn 2230 LH638C 2230 S0229 2230 nwin nin mm omo smti oco ****** 0740 KL0044 0125 SO 327 0740 K***** 2335 KL0637 1535 S024 2340 Attwns SO347 0645 S0348
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    • LOGISTICS page
      • 495 48  -  It will manage all aspects of shipowner's container fleet on services between South-east Asia, India and Saudi Arabia and North American ports from next month, reports P T BANGSBEBG P T BANGSBERG GREYBOX Logistics Services, a subsidiary of California-based Synchro Net Marine Inc, won
        495 words
      • 512 48 Bloomberg [NEW YORK] The Port Authority of New York New Jersey, the operator of roads, bridges and airports in the metropolitan area, may receive bids of as much as US$2.B billion (Ss4.B billion) for a 99-year lease to run its
        Bloomberg; FILE PHOTO  -  512 words
  • Page 37 Advertisements
    • 164 37 Greybox bags logistics deal from Oldendorff. SIA Engg to raise capacity by 30°o. COMMAND ■Pn| THE SEAS It's a buoyant market for work boats as J well as small ships of all kinds and all signs point towards a significant increase n the Asian small ship industry. Take i command
      164 words

  • Page 38 Advertisements
    • 205 38 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 i .iS J i uni^rr^n— x,M 1,, i i i SENLIM
      205 words
    • 666 38 K Lirm services represented by fclßßlfl AfflAl Shipping Aoenh. Singopof. lag.shcs Singapore Shipping Association Association VOY Elk in P. KLAN6 SPOKE MALI Empress Uty VP2OI 04/02 06/02 14/02 1 I Prmcaulify VO2Ol 19/02 20/02 28/02 IjEmpreu Lily VO3Ol 06/03 07/03 16/03 I 1 NOKIH MHDOI ROAD, #3100, HUH STWBT (Mil
      666 words

  • Page 39 Advertisements
    • 1207 39 SAX SERVICE (DIRECT) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI COi MEM ATI NYC API SARDONYX 026E 17/01 01/02 05/02 05/02 05/02 05/02 05/02 05/02 06/02 04/02 API TURQUOISE 0401 24/01 00/02 12/02 12/02 12/02 12/02 12/02 12/02 13/02 13/02 API JADE 026E 01/02 15/02 19/02 19/02 19/02
      1,207 words
    • 1719 39 TO: COLOMiO I EVERY MONDAY I Cf/Y 4 DAYS) J r GENERAL AGENTS IN SINGAPORE: MRONNSON RO TEL 226 1900 FAX: *****00 OUTWARD (l/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD *12-00 SALES/MGS *****57/43 INWARD DIPT (D/OJ *****06 COSIAI AGENCIES (M) SDN BHD _CR NO: **********011 SINGAPORE *****0 CONVENTIONAL *****01/650
      1,719 words

  • Page 40 Advertisements
    • 1415 40 SENATOR LINES TO UK/CONTINENT TO MEDrrtIRRANKANIJS EAST COAST ALL WATER VESSEL VOY "SBT" LEH RTM AMR HAW BBV FLX yESSa VOY MM 6IT Ift F0» WjC WTC TRADE HMJJI 0001W 02.02 24.02 25.02 22.02 23.02 25.02 BUS** OMOW 02.02 10.02 20 02 22.02 24.02 07.01 PENANG SENATOR 0016W 05.02 22.02
      1,415 words
    • 840 40 xm MAfc-WELS S'PDRE M'SIA Carrier MN CONTfI UNES, INC p. gudang: (ot) *****26 I IV/\ J on NOt 1»067a0000C SBU: (004) *****9 HAMLA: (032) *****24 y J W PENANQ: (04) *****30 BANGKOK: (062) *****57 SURABAYA (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUCHING (062) *****1-3 PENANG LAEM CHABAMG
      840 words
    • 648 40 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO, MUMBAI/COLOMBO ALSO ACCEPTING TO ALL NORTHOW ANO WESTERN 1.C.0. TOUTS Vracl SPORE N.SHEVA COCHIN COLOMBO P.KLANG TULSIOAS V 137 04 FEB 13 FEB 11 FEB 23 FEB FRONTIER V.185W 11 FEB 28 FEB 25 FEB B2 MAR PU GLORY VIOSW 11 FEB 27
      648 words

  • Page 41 Advertisements
    • 1422 41 IVESSB. VOY KHH HKO SIN I PKL DXB M» DMM OIK IRAN TEHRAN PCL 192 30/01 31/01 03/02 04/02 11/02 12/02 14/02 16/02 IRAN TABATABAEI PCL-193 06/02 07/02 10/02 11/02 20/02 21/02 23/02 25/02 IRAN KERMAN PCL-194 13/02 14/02 17/02 18/02 25/02 26/02 23/02 02/03 IRAN ISFAMAN PCL-195 20/02 21/02
      1,422 words
    • 339 41 I l oading for J BLUE LADY RDM/ATW/BMN/UK I OCEAN ISLAND RDM/ATW/BMN/UK I Load» Stngapofß, E7W. Mrtwyiia. Indonwta J Loadngtor PAN EXPRESS DBVABU/DOH^RN/DMM^WT PIONEER SUN DBI/ABU/DOH/BRN/DMM/KWT LOKKRANTI JOVAQA/ADN ARETE JOtVAQA/DMT •Loads Singapore, EVW. Malaysia Indon—to I Loading tor 1 GRANT MARINER NOL/SAWCAM/TH4P 1 TAICANGHAJ VCBWCW/LAX/MZL 1 ARCHIMEDES NOLftPC/CAMUAX I toads
      339 words
    • 1163 41 I EXPORT I IMPORT I ma llieS Iff!; Iffl Ij&lliiliffl |CT I eiSOWf ]e»/<3 [23/03 24/03| is/51 24/031 27/5120/03 |HJ LONDON 0341" 15/02 117/07 10/02 22/02 11/03 XfIfWitIHBBIB!WO lIMM WHIUffl HHnM TRAwSWCIBC S«Vm EXPORT j ytssa Ivor Isi ta oa I*tawi6 uwoc *o vm ypsa I vor I iso on
      1,163 words

  • Page 42 Advertisements
    • 427 42 Effective Ist February 2001. EVEREREEN MARINE CORPORATION and UNIBLORY MARINE^^^HB CORPORATION will be represented by EVERGREEjM^^^^H SHIPPING (S) PTE LTD. m EVEREREEN SHIPPINE [S]JH H| LTD is a joint venture between EVEREREEN SHIPPINE [5] PTE LTD. The address and conflict: numbers remain unchanfed? at: 333 Jalan Besar RTW House Singapore
      427 words
    • 693 42 VKW W a m IB lflL_ ffiS VOT m m m JMM IiBL—JU/B SUM ML, ggg jMg Br Hg-gB-«-T-«- |P6==B=3mP== »*w»HUM IM2 HAL ffils m/W iT/W ««N«r» MI 07/w 11/02 «Z5L_ KAfctoun 4IK IPM ~~TflB mum mm- m S3M JM2 WtoMfiflW- WT 11/02 IMB NAOTAIHUM 5340 1 07/07 11A12 10/02
      693 words
    • 435 42 INDONESIA NATIONAL LINE TO AUSTRALIA mb a mim myfi gLinii^c NKMUK 15$ |tts/07 Oi/OTj. 16/91 11/0} 23/OJ mivarr ms |n/mvw|ivw ~5/ia p/w~b/5 WWW MS jlf/W W/Wj 01/ML/ML/W W/W WW IMS p/Wt7/W|M/»| ||1/M||VW| U/M FEEDER SERVICE TO INDONESIA fv'JCj ya vot matron mum mmm ru mm iiMW in «M 15 IMB
      435 words

  • Page 43 Advertisements
    • 395 43 BSfl ik M MYANMA wBBk FIVE STAR LINE (Myaamar National Line) Loading (or Yangon VESSEL VOT SIN PRI PEN PGU MAWUMYINE 94W SU> PAGAN 290W SO MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCKS KUL m 03-*****00 PKL- TH 03-*****101 PEN: HI 04-*****02 PGU: HI 07-*****21/4 BANK LINE (A wvlt> »< Aidr»w W*
      395 words
    • 1275 43 HMNEHYUNDAI MERCHANT MARINE CO., LTD. I VESSa VOY SOU UN WW I ANT I HAW BRV IVESSB I VOY I SOU |L» I RTN I ANT I HAM Im~ TT MM VLS3BW 02/02 23/02 24/02 10/02| 120/02 HY EMPEROR 332E 16/01 10/01 11/01 13/01 03/02 HYDUH VL329W 05/02 DIY DOClliiC
      1,275 words
    • 803 43 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "<AR RORO HEAVYUFT SERVICE" [VKSE VOY RAMP mm SIN lUC MAO nua SAV ML Off NYC new mob TAXONGA AH 104 400Tm 6.3 M 1W H7M *****" 23/03 WoTWoT 28/03 WOT 06/04 TAMO AH 105 4001 m 6.3 M 26/02 05/04 08/04
      803 words



  • Page 46 Miscellaneous
    • 126 46 0f yf Vy LEGEND: Issued by Meteorological Service Singapore K Thunderstorm jL Showers Y, Rain Temperature C Wind direction and speed in knots "f Weather Cloudy Day c><3 Hazy Sea Conditions Wind speed symbols j S|j h <1 2m O Full circle w/o line indicates calm or light and variable
      126 words

  • Page 47 Advertisements
    • 182 47 INFORMAL RATE AGREEMENT (IRA) FAR EAST TO MIDDLE EAST TRADE RATE RESTORATION ON 1 MARCH 2001 The Member Lines of the Informal Rate Agreement (IRA) wish to inform the trade that a rate restoration of USDIOO/200 per 20'/40'will be implemented with effect from 1 March 2001. This rate restoration is
      182 words