The Business Times, 6 February 2001
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2001-02-06
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The Business Times
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Title Section17 2001-02-06 1 THE BUSINESS TIMES MITA (P) 028/12/2000 SINGAPORE Internet: http:// l ousiness-times.asial .com.sg/ TUESDAY, FEBRUARY 6, 2001 85C17 words
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Article77 2001-02-06 1 sn U5&39 (-23.21) BT-SBI 806*7 (-11.56) ST INDEX FOTUBES UGLOO (-17.00) SIMSCI FUTUBES 248.70 (-2.10) STOCK MARKET INDICES Monday Change KLSE COMP 732.02 -432 NIKKEI 226 1M85M -SlRll HANG SENG 1 §,830.84 -240.45 SET INDEX 329.06 -6.02 JAKARTA COMP 468J6 +6J7 MANILA COMP „1,***** -I7J0 TAIPEI WPI £,932.4277 words
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Article76 2001-02-06 1 FOREX RATES US$ S$ US| fi$ per US$) 1.740 £{US«/S$ per 1.474 2Mb EURO(US$/S$/E) 0.943 1.640 DM 2.075 1.193 YEN 115.8 C6.50 RM 9.800 2.184 HKS 7.799 4.483 BAHT 42.44 2459 RUPIAH 9,587 5,511 PSIME KATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 59.00 BANGKOK .9.50 MANILA 11.00 HONGKONG 8.5076 words
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Article, Illustration974 2001-02-06 1 Marissa Chew - From Mar 1, deals worth over $2.5 m folly negotiable By Marissa Chew [SINGAPORE] Conveyancing fees will be freely negotiable from Feb 1, 2003, ending decades of fixed tiered fees for lawyers to preside over the transfer of property titles. TheRICHARD CHNG - 974 words
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943 2001-02-06 1 Angela Tan - Tax benefits designed to attract the middle to lower income earners By Angela Tan [SINGAPORE] At first glance, the proposed Supplementary Retirement Scheme (SRS) announced by the government last week, seemed like a potential tax haven for the rich in943 words
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590 2001-02-06 1 Eugene Low - J( exclusive There is also insufficient expertise in evaluating life science start-ups By Eugene Low [SINGAPORE] Life sciences, or biomedical sciences, might be touted as the next big wave, but for now, there are few investment opportunities here, say local venture590 words
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Page 1 Advertisements
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Advertisement194 2001-02-06 1 INSIDE Top Stories New owner set to emerge for RHB Bank. Next Page Sesdaq soars another 5% in frenzied punting. Pg 4 $82b. Pg 8 Other Indon groups face Sinar Mas debacle. Pg 14 Vietnam sets bold economic targets. Pg 16 Knowledge Economy From Nowhere to Now Here. Pg 2S194 words
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Advertisement9 2001-02-06 1 Commentary: Service need not be a lawyers'preserve, Next Page9 words
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Advertisement17 2001-02-06 1 W- v V The Deputy Prime Minister is the most underestimated man in M'sian politics Pg 1317 words
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ON THE grapevine
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Article64 2001-02-06 2 DBS Bank had a computer systems breakdown yesterday from 12.47pm to 1.30pm, which meant its branches and automated teller machines islandwide wouldn't work. Chuck Newton, managing director, corporate communications, admitted the "systems glitch" happened at a most unfortunate time. Seems many people go to the bank64 words
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Article151 2001-02-06 2 INTERNET surfers who scrutinise the SGX website for company filings must have noticed the uncanny similarity of responses by companies which are queried. Take a look at these two and see if you can spot any difference: 1) The directors and substantial shareholders of Seatown Corporation Ltd ("the151 words
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Article88 2001-02-06 2 SINGAPORE Telecom's revised interconnectivity offer, found on the Infocomm Development Authority's website, is so huge that rival operators find it hard to download and print, not to mention read. One said: "Trying to read the document has reminded me that I have to go for88 words
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Article94 2001-02-06 2 A DISGRUNTLED investor said her experience with a financial planner has convinced her to take an active interest in her investments herself. Seems she told the planner to monitor her investments unit trusts sold by the planner's company as she had no time. But the planner neglected94 words
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Article48 2001-02-06 2 LAST week, The Business Times ran an online poll with the statement: Stock prices will move on FY2OOO corporate earnings that will be reported soon. This is how readers voted: Yes, investors will look for fundamentals—37% No, sentiment is more important 55% I'm not sure—B%48 words
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462 2001-02-06 2 Eddie Toh - Buyer of preference shares held by Danamodal could prise open Rashid Hnssain's grip Froml Eddie Toh in Kuala Lumpur A NEW shareholder is set to emerge in RHB Bank and loosen tycoon Rashid Hussain's control of the third largest bank in Malaysia.462 words
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583 2001-02-06 2 Lee Han Shih - Millions in fees could be saved with standardised terms, electronic access and public education, Lee Ban Shlh argues Lee Han Shih IF Singapore law does not mandate that a lawyer should preside over a property transaction, why are nearly all conveyancing583 words
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Page 2 Advertisements
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Advertisement295 2001-02-06 2 BPffl UNIVERSITY OF UNIVERSITY VS/ SOUTH AUSTRALIA MOF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" MBA" BSc(Horn) Singapore 21st Intake April 2001 M > .mgrnm "Ranked Top 5 Dislance MBA in Asia" by Asia Week BSC (Hons) 18 months only BSc (Hons) Marketing 12295 words
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Advertisement188 2001-02-06 3 11 I Jiw i W ■*1 I fIHSy j :1 v :^S:- IH^M|MpBM^^M|^M^J^JM^^MMBMM|MMBMM|W|BBHWHBMB NEW MASTER OF COLOUR''" H «ißa Canon has always led the world in colour. We have the widest range of colour copiers/printers. And now, a newly developed mm toner delivers 26% more shades of colour for outstanding188 words
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SINGAPORE companies
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Article, Illustration395 2001-02-06 4 R Sivanithy - Best small-cap rally since mid-'99 boll run; some brokers describe trading as 'indiscriminate' By] R Sivanithy BLUE chips may have faltered for the third consecutive day but frenzied punting of penny stocks yesterday more than made up for the slack the UOB SesdaqSource: Bloomberg - 395 words
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349 2001-02-06 4 David Boey - Elec Eltek declares 20¢ interim payout PCB maker posts 60% rise in interim earnings to $52m on 46% rise in turnover By David Boey SHAREHOLDERS of printed circuit board (PCB) maker Elec and Eltek International will receive an interim payout of 20 cents a share after the company's 60 per349 words
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Article, Illustration651 2001-02-06 4 Teh Hooi Ling - By' Teh Hooi Ling KEPPEL Telecommunications Transportation has hoisted full-year net earnings 41 per cent to $31.5 million, beating analysts' forecasts. But a $39.9 million provision for a drop in the value of its ships dragged the bottom line intoARTHUR LEE - 651 words
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1019 2001-02-06 4 anthony rowley - locksiew anthony rowley BORN last June through a joint venture between the US Nasdaq electronic trading market and Japanese Internet holding company Softbank, the Nasdaq Japan Market has started life more with a whimper than a bang, but this is by1,019 words
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Article, Illustration380 2001-02-06 5 Rachel Ong - Company's move follows S6Z query over sharp rises in turnover and price of its shares By Rachel Ong MAINBOARD-LISTED construction company Econ International yesterday released a list of recent contracts, but separately told the Singapore Exchange (SGX) it knew of noFILE PHOTO - 380 words
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376 2001-02-06 5 Slower demand for airfreight services sign of slowdown in economic activity Bloomberg SINGAPORE Airlines Ltd, Asia's most profitable carrier, said it filled 68.4 per cent of its cargo space in December, the lowest level in four months and another signBloomberg - 376 words
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683 2001-02-06 7 Few bidders, wide gap in valuation of assets point to lower offer price Bloomberg [SYDNEY] Cable Wireless Optus Ltd may attract a takeover offer lower than its current stock price because there are few bidders and a widening gap in value of theBloomberg - 683 words
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Article, Illustration313 2001-02-06 7 Bloomberg SHARES of Datacraft Asia Ltd fell as much as 5.9 per cent on concerns Cisco Systems Inc, its largest supplier, will report slower earnings growth today, signalling falling global demand in the industry. Datacraft shares closed down 40 cents at US$6.3O yesterday.Bloomberg - 313 words
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210 2001-02-06 7 Janice Lee - By Janice Lee INSTRUMENTATION specialist Total Automation (TA) will acquire all the issued ordinary shares of Whessoe SA and the marine business of Endress+Hauser Systems and Gauging (Whessoe Europe). TA has agreed to pay £4.1 million (5110.5 million) for Whessoe SA and Whessoe210 words
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COMPANYBriefs
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102 2001-02-06 7 Reuters ASIA Food Properties, controlled by the WidjaJa family which owns Indonesia's Sinar Mas conglomerate, said yesterday its major shareholder sold another 10 million shares last Friday at an average price of 11 cents each. AFP said Flambo International, owned by the WidjaJa family,Reuters - 102 words
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Article112 2001-02-06 7 AFX-Asia HWA Hong Corp said its unit Singapore Piling Civil Engineering Pte Ltd is taking a one-third stake in a section of the 28-km Taejon riverside expressway project in South Korea. The entire highway project comprises six sections, with each section ranging betweenAFX-Asia - 112 words
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73 2001-02-06 7 SMB United and Media Stream said in separate announcements yesterday that their dotcom unit Asia Exchange Information Service PteLtd(AElS) would cease operations immediately as it had failed to secure funding for its operations from potential investors. SMB United said it will write off its investment73 words
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Article, Illustration458 2001-02-06 7 Bloomberg HYFLUX Ltd, Singapore's only publicly traded water treatment company, surged 16 per cent yesterday, doubling the money for investors who bought the stock when it first traded three weeks ago. Hyflux shares have risen 106 per cent since the company startedBloomberg; FILE PHOTO - 458 words
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Page 4 Advertisements
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Advertisement248 2001-02-06 4 Pvcq/vaTerhousEQopers i What income/benefits should be reported? What can be excluded? What are the repercussions on underdeclaration? Who is responsible? There is increasing focus on proper declaration of staff benefits and it is important that those responsible for completion of the employee's return of remuneration (Form IR8A) are trained for248 words
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Page 5 Advertisements
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Advertisement155 2001-02-06 5 1 1 w -v i*f 1 -'if-v"V3njy'T» •''"'.'J"T.sH.ii£ —*rr r- A'. ;>- -I c K*f.Y r r f4 ■-H Club Med For more Information, please call your Travel Agent or Club Mad at 738 4222 Fax: 735 8296 738 0770 Email: salas.sinfapora@dubmad.com www.clubmed.com And jou don't have to wait till155 words
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Advertisement173 2001-02-06 5 ?V > target Cupitttl GfOWtH and enjoy 100% capital protection*. Returns in Singapore dollars W ACT NOW! Promotion doses soon! W Invest cash or your CPF Ordinary Account/ Special Account Fundsl Call 737 0880 or fax the coupon below to 532 2493 for details. E-mail: mktg@lloydstsb.com.sg B Lloyds TSB To:173 words
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SINGAPORE markets
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Article, Illustration598 2001-02-06 6 r. sivanithy - >11 comment STOCKS r. sivanithy WITH pressure on blue chips after Nasdaq's Friday plunge, it was left to small caps to provide market leadership yesterday and they didn't disappoint. Penny stocks dominated the volume and percentage gainers lists amid almost frenzied trading598 words
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Article, Illustration348 2001-02-06 6 larry wee - I comment CURRENCIES larry wee STRONGER than expected January nonfarm numbers caught financial markets by surprise last Friday in US trading, sending bond and stock markets tumbling and allowing the greenback to recover its composure somewhat. Against an expected reading of not more thanSource: Reuters - 348 words
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Article503 2001-02-06 6 Stocks Volume AEM-Evertech 5c 37,100,000 Asia Food&Prop 34,472,000 PacificCenturylOc 29,882,000 El-Nets 1c 29,143,000 Hyflux5c 26,856,000 K1 Ventures 10c 22,973,000 AddvaJTech 2.5c 20,824,000 ChewEuHock 20c 19,535,000 Cytech HK5c 19,184,000 KLW Hldgs 10c 17,724,000 Stocks DBSGrp 43,509,498 Chart Semiconductor 26c 39,669,448 PacificCenturylOc 32,446,860 VentureMfg25c 26,249,199 PCI 25c 23,557,420 OC8C 23,044,459 UOB. 19,313,016503 words
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Article, Illustration237 2001-02-06 6 Ven Sreenivasan - HOT STOCK By' Ven Sreenivasan THE shares of Haw Par Corp have been rising steadily since the middle of last year in anticipation of a restructuring of units controlled by its parent, United Overseas Bank. After hitting an intraday high at $3.90, the counter237 words
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Article, Illustration170 2001-02-06 6 R Sivanithy - WARRANT WATCH By R Sivanithy WARRANTS with time running out are always interesting. If they are out-of-the-money, it's interesting to see if play develops to push them into the money. And if they are already in-the-money, it's interesting to see if170 words
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Article120 2001-02-06 6 FU Yu Manufacturing general manager Tan Slew Leng has resigned with effect from Jan 2. Effective from the same date Hew Lien Leehas been promoted from assistant general manager to general manager. ♦ROTARY Engineering has appointed Chee Eu Kee as director with effect from Feb 1. ♦OAKWELL Engineering120 words
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Advertisement189 2001-02-06 6 iXJk SINGAPORE MANAGEMENT m UNIVERSITY M In today s rapidly-changing economy, it is only wise JaMßac'" IB to stay on top by meeting the demands of the market and being competitive. Singapore Management University's Executive Series equips you with valuable world-class executive education to help you make ■■■■■k your next189 words
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Advertisement281 2001-02-06 7 Stir up the interest of over 460,000 readers inw for as little as $26. rM\~ Call 1800-737-1 lit for fast results. #*****9838^ RETAILERS! Your Source to the Best Retailing Concepts y With the ever changing consumer habits, RITE2OOI wHI be the essential event that wiH address every aspect of the281 words
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SINGAPORE news
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404 2001-02-06 8 David Boey - But EDB expects growth to slow this year By David Boey THE output of Singapore's electronics industry rose 19.7 per cent last year to $82.3 billion, but growth this year is expected to moderate as local companies face tough global economic conditions,404 words
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184 2001-02-06 8 LASALLE Investment Management yesterday launched its 2001 edition of the Investment Strategy Annual, a publication offering a survey of the global real estate market. The publication covers topics such as the rebirth of Asia's real estate market, the impact of a unified Europe, and new184 words
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Article, Illustration453 2001-02-06 8 Andrew Wee - South Korea leads the pack, followed by Japan Hongkong Byi Andrew Wee SINGAPORE ranked fourth in a broadband survey of ll Asian countries by US-based Pyramid Research which focused on trends in broadband technologies, services and revenue models. South Korea emerged tops, foUowed byFILE PHOTO - 453 words
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Article, Illustration194 2001-02-06 8 PROPERTY giant CapitaLand officially launched its 99-year leasehold 288-unit Tanamera Crest over the weekend the only developer to take the plunge. A Capita Land spokesperson said eight of the 192 units released at the 15-storey project in the Tanah Merah area were sold. At an average194 words
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Article, Illustration287 2001-02-06 9 Marissa Chew - 141=1 on the economy price index By Marissa Chew IMPORT prices continued to climb ahead of export prices in December, worsening Singapore's terms of trade. According to the Department of Statistics, the import price index rose 4.7 per cent to 102 points in December, fromSource: Dept of Statistics - 287 words
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239 2001-02-06 9 Denis Distant Singapore, via Internet - MAILrET? Denis Distant Singapore, via Internet FOR many years United Overseas Bank provided cash notes deposit machines at selected branches, which meant it was possible to avoid queueing at the counter. Recently, other banks have installed cash deposit machines which can accept notes in239 words
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226 2001-02-06 9 Boris Chan Chung Wai - Boris Chan Chung Wai, Chan Chung Wai, CFA Singapore, via Internet I REFER to the letter, "Curb speculation by other means" by Seow Eng Ghee (Mailbag, Feb 2). The government has effectively curbed speculators and prevented private property prices from skyrocketing. This is in226 words
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Article343 2001-02-06 9 Al Labita - Joint venture with RCBC boasts state of the art technology From, Al Labita in Manila A LANDMARK state-of-the-art building which is 40-per-cent owned by the Government Investment Corp (GIC) of Singapore was inaugurated yesterday as the Philippines' "most prestigious" cor- porate address. Located in Makati343 words
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302 2001-02-06 9 Lee Wai Leong Singapore via Internet - Lee Wai Leong Singapore via Internet I REFER to your commentary in the Hock Lock Siew column, "It's time the SGX addressed conflict-of-interest issues", by R Sivanithy (BT, Feb 2). The reason there is a 500shareholder, or more accurately "500 distinct shareholders", minimum302 words
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Article, Illustration344 2001-02-06 9 Vince Chong - Hll exclusive By Vince Chong BIOTECH International Limited, an Australian-listed life sciences research and development company controlled by Singaporeans, is considering a listing here. Biotech chairman Ravindran Govindan told BT yesterday the firm is considering a dual-listing on Singapore and Nasdaq.CHRIS LOH - 344 words
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Advertisement573 2001-02-06 8 Keppel Telecommunications Transportation Ltd (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Company and of the Group for the year ended 31 December 2000. COMPANY GROUP 2000 1999573 words
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Page 9 Advertisements
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Advertisement149 2001-02-06 9 i Speakers 9 a.m. to 5 p.m.. February 14. ***** Chairpereon Hotel Inter-Continental. Singapore Mr Gurbachan Singh, Partner Head of Tax, Khattar Wong Partners OPl!- Ong Sim Ho, Tax Partner, Tax Treaties Kh** Wong P«m«. transfer Pricing Martin Scuttv. Tax Director, Global Tax Minimisation pricewaterhoueecoopers Taxation of E-commerce Pieter de149 words
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FOCUS property
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Article, Illustration623 2001-02-06 10 lee han shih - 111 comment PROPERTY It's taken 9 years for URA and JTC to let the private sector In on btuslness park development lee han shih IT SEEMS to have taken the Urban Redevelopment Authority and the Jurong Town Corporation nine long years to realise623 words
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Article, Illustration493 2001-02-06 10 BANGKOK Developers get a boost from low mortgage rates and less competition in the market Reuters THAILAND'S battered property sector is set to post improved results in 2000 and can expect a better 2001, helped by unusually low mortgage rates and less competition in the marketReuters - 493 words
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Page 10 Advertisements
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Advertisement308 2001-02-06 10 For Sale Brand New 8-Storey Strata-Titled 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 122 Debenham H Tie Leung308 words
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Advertisement210 2001-02-06 10 Jones Lang VW LaSalle. Prime Light Industrial Site m a Site Area: 22,517 sq ft Ef Freehold I Light industrial zone (PR 2.5) Easy access via Aljunied Rd, PIE, CTE, MacPherson Rd Nicoll Highway Existing 6-storey warehouse building Net Floor Area: 39,376 sq ft Gross Floor Area: 47,683 sq ft210 words
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Advertisement299 2001-02-06 10 FOR SALE BY TENDER FREEHOLD INDUSTRIAL PROPERTY MWITH REDEVELOPMENT POTENTIAL Land Area approximately 122,009 sq ft Zoned "Light Industry" at Plot Ratio 2.5 Superb Location at Pasir Panjang/Alexandra Rds Near CBD, Port, NUS, Science Park Ideal for Infocom Users/Co-location Centre Existing 5-storey warehouse/coldroom Total lettable area approximately 260,863 sq ft299 words
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e-NEWS
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EBriefs
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95 2001-02-06 11 Reuters [TOKYO] Seven Japanese firms said yesterday that they would set up a joint venture to distribute Web content via broadband transmission, just in time to service clients in the advent of the new high-speed transmission technology. The upcoming broadband service has raised the needReuters - 95 words
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93 2001-02-06 11 Reuters [LONDON] Debt-laden British Telecom is considering floating up to 25 per cent of its mobile phone arm, BT Cellnet, by the end of the year, the Financial Times reported on Sunday. The company denied that it was considering abandoning the flotation of itsReuters - 93 words
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121 2001-02-06 11 Bloomberg [TOKYO] Softbank Corp shares fell 11 per cent as investors turned their backs on Japanese Internet stocks on concern Cisco Systems may announce today that its earnings growth has slowed, brokers said. Softbank fell 680 yen to 5,680. It was the third-most activeBloomberg - 121 words
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471 2001-02-06 11 PARIS It issues bonds convertible into Orange shares Reuters FRANCE Telecom yesterday set the terms of a 3.3 billion euro (555.4 billion) convertible bond issue in hopes it would spice up a forthcoming initial public offering in its Orange mobile subsidiary. France TelecomReuters - 471 words
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269 2001-02-06 11 HONGKONG Bloomberg CHINADOTCOM Corp, an operator of Asian news websites, said it will book a provision of at least US$7O million (*****.7 million) for the fourth quarter to cover the reduced value of its securities investments. In the first nine months of last year,Bloomberg - 269 words
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479 2001-02-06 11 I TOKYO Discounted price at top of range; biggest offering ever by a Tokyo listed firm Bloomberg NTT DoCoMo Inc, the secondbiggest mobile phone company, will raise US$7.l3 billion (5512.4 billion) selling new shares at a 3 per cent discount to itsBloomberg - 479 words
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263 2001-02-06 11 Surinder Singh - Fake offer puts chain letter into furious circulation From Surinder Singh in Sydney MOBILE phone giant Ericsson has been bombed by a hoax chain letter sent to the e-mail address of one of its staff. The chain letter, now circulating like hot cakes263 words
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Article, Illustration377 2001-02-06 11 Credit card, popart, cellphone data of world leaders taken AP [ZURICH] Anti-globalisation hackers have obtained personal information about government and business leaders who have attended the World Economic Forum Summit in the Swiss ski resort of Davos in recent years, a report saidAP; PHOTOS: AFP, AP, Reuters - 377 words
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322 2001-02-06 11 SHANGHAI Bloomberg A CHINESE government survey inflated the number of local Internet users by a third to claim that China had become Asia's No 2 Internet market after Japan, according to a study by US-based International Data Group (IDG). The government-run ChinaBloomberg - 322 words
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138 2001-02-06 11 NEW YORK Reuters SOFTWARE giant Microsoft is renaming its core Windows and Office programs to show its focus on Internet-based services, the Wall Street Journal reported in its online edition yesterday. Future versions of the products will be named Windows XP and Office XP, withReuters - 138 words
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Page 11 Advertisements
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Advertisement9 2001-02-06 11 r«Su CATS. I Buy It. Sell It. Find It.9 words
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EDITORIAL & opinion
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Article, Illustration842 2001-02-06 12 john gee - It'll worsen a lot before it gets better ETTT^ bottom line OPINION john gee John Gee is a freelance writer. In 1998, he wrote 'Unequal Conflict', a book on Israel and the Palestinians. IT is not often that an arsonist is rewarded for his handiwork, but Ariel Sharon, whose provocative842 words
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Article73 2001-02-06 12 'Like all good ostriches in times of trouble, the WTO is looking for some sand in which to hide its head.' -Steve Porter attorney for the Center for International Law, on the decision of the World Trade Organization to hold the next meeting in Qatar in November.73 words
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Article627 2001-02-06 12 EDITORIAL ONCE again, it appears that Singapore-based banks have been accused of causing the rupiah's endemic weakness. And worse still, that by allowing banks in Singapore to trade in the rupiah, the Singapore government must also take the blame. These accusations are neither new nor surprising. But627 words
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Article, Illustration930 2001-02-06 12 David Mason - Attitudes most change as Singapore companies cope with new governance, disclosure and accounting standards soon By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant930 words
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Article717 2001-02-06 12 William Safire - COMMENTARY By y William Safire NYT [WASHINGTON] I am Recession and am pleased to see your apprehensive face once again. Ask me anything. How can you be so sure that you are here? I rise in inverse proportion to consumer confidence, which is demonstrably plummeting.NYT - 717 words
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PROFILE M'sian DPM
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Article, Illustration1615 2001-02-06 13 KARIM RASLAN - He may be just what the doctor ordered to heal Malaysia's wounds and prepare his countrymen for the future. KUKiw sizes up Abdullah Badawi KARIM RASLAN LATER this week, the most underestimated man in Malaysian politics, Deputy Prime Minister Abdullah Badawi, commences what will beFILE PHOTO - 1,615 words
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Advertisement160 2001-02-06 13 BMi command BPHH THE SEAS Mgp It's a buoyant market (or work boats as wbH gs sma ll ships of all kinds and all signs point towards a significant increase in the Asian small ship industry. Take command of this excellent opportunity to v showcase your company and products in160 words
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REGIONAL news
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Article, Illustration924 2001-02-06 14 Shoeb Kagda - Banking sources say intra-gronp loans may bring down more banks Froml Shoeb Kagda in Jakarta AS the Indonesian government scrambles to resolve the crippling debt problem facing the Sinar Mas Group, the country's second largest conglomerate, banking sources said that other similar casesFILE PHOTO - 924 words
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257 2001-02-06 14 KUALA LUMPUR AFP, Reuters STAFF of a Malaysian online newspaper which often carries critical commentary have been barred from attending government functions, reports said yesterday. The Home Aflairs (interior) Ministry has banned Malaysiakini because Its staff do not have press credentials, Deputy HomeAFP,; Reuters - 257 words
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415 2001-02-06 14 Diana Pop Abdullah - SCmmaltowsitto cast net wider for From] Diana Pop Abdullah in Kuala Lumpur MALAYSIA'S IT stock exchange, or Mesdaq, yesterday said it has been given the nod by the Securities Commission (SC) to list technology incubators. The latest move, in addition to two415 words
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504 2001-02-06 16 Harish Mehta - It aims for industrial-economy status by 2020; doubling of GDP to USs7ob by 2010 From Harish Mehta in Bangkok THE ruling Communist Party of Vietnam (CPV) has set its sights on attaining indus-trial-country status by 2020, and unveiled bold new economic targets towards that end504 words
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543 2001-02-06 16 JAKARTA Fears of violence as Golkar party office inE Java is torched Reuters, AFXAsia THE head of Indonesia's top legislature yesterday urged floundering President Abdurrahman Wahid to surrender power peacefully to avoid impeachment and months of instability and confusion. People's ConsultativeReuters,; AFX- Asia - 543 words
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273 2001-02-06 16 MANILA Bloomberg PHILIPPINE consumer prices rose in January at their fastest pace in almost two years, pushed up by the lingering effects of a weaker peso and rising fuel prices. Prices rose 6.9 per cent from a year earlier, the National Statistics OfficeBloomberg - 273 words
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Article, Illustration61 2001-02-06 16 [COLOMBO] Soldiers observing two minutes ofsilence to honour fallen comrades during Sri Lanka's 53rd independence celebration in Colombo on Sunday. President Chandrika Kumaratunga who attended a heavily guarded celebration of independencefrom British rule said her government remained readyfor peace talks with Tamil Tiger rebels. More than 63,000AP - 61 words
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Article, Illustration240 2001-02-06 16 BANGKOK AP THAILAND'S parliament began a new session yesterday by electing a key associate of Thaksin Shinawatra as house speaker, the first step in forming a new government under his three-party coalition. Some 337 lawmakers in the newly-elected 500-seat House of Representatives voted toAP; REUTERS - 240 words
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276 2001-02-06 16 MANILA PSE to become stock corporation by Aug 8 but no IPO details disclosed AFP THE Philippine Stock Exchange, boosted by renewed investor confidence with the ending of a political crisis, will go public by August. PSE president Ramon Garcia said yesterdayAFP - 276 words
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305 2001-02-06 16 MANILA AFP PRESIDENT Gloria Arroyo told Chinese-Filipino businessmen yesterday that her new government intended to have "good relations" with the economically prominent ethnic Chinese group and -protect its members from kidnappers. She denounced what she described as rumours alleging she was extorting moneyAFP - 305 words
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NOTEBook
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108 2001-02-06 16 Reuters [JAKARTA] Indonesia's Supreme Court yesterday rejected an appeal by prosecutors to retry former President Suharto, against whom a corruption case was dropped last year because the former autocrat was too ill. The Supreme Court has declared that an appeal by the prosecutors cannotReuters - 108 words
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135 2001-02-06 16 AFXAsia [MANILA] San Miguel Corporation said it has offered to take (Hi the debt of Coca-Cola Bottlers Philippines Inc during negotiations with Coca-Cola Amatil and the Coca-Cola Co for the majority stake in the local Coke unit. However, San Miguel refused toAFXAsia - 135 words
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72 2001-02-06 16 AFX-Asia [TAIPEI] The Taiwan Stock Exchange has decided to study the introduction of an Exchange Trade Fund, a new financial product that may be listed and used by the State Stabilisation Fund to dispose of its shareholdings, the Commercial Times reported yesterday, without a givingAFX-Asia - 72 words
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92 2001-02-06 16 Reuters [BEIJING] China will take steps to encourage private firms to take over ailing state enterprises, the official China Daily reported yesterday. "The government is drafting policies to stimulate non-state firms to either purchase, rent or lease state enterprises," the newspaper quoted Ma Jiantang, directorReuters - 92 words
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524 2001-02-06 17 Audrey Tan - Bid comes 16 months after first failed attempt; lower prices this time From Audrey Tan in Hongkong CNOOC Ltd, China's third largest oil and gas company, yesterday made another pitch at launching an initial public offering, some 16 months after it aborted its524 words
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258 2001-02-06 17 HONGKCfNG Bloomberg CITIC Pacific Ltd, a Chinabacked investment company, has bought food distributor Sims Trading from Dairy Farm International Holdings Ltd for US$5B million (Sslol million), Dairy Farm said in a statement yesterday. Dairy Farm said it would make a profit ofBloomberg - 258 words
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Article, Illustration401 2001-02-06 17 NEWDELHI Firms with quality assets, undervalued state firms favoured Reuters INDIAN stock markets may seem to have taken the recent killer earthquake in their stride, but the aftershocks could prompt a change in stock picking strategy, fund managers and research heads said. StocksReuters; Source: Bloomberg - 401 words
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247 2001-02-06 17 TAIPEI Reuters TAIWAN President Chen Shui-bian's anti-nuclear Democratic Progressive Party (DPP) agreed yesterday to resume construction of a nuclear power station, raising hopes for an end to a political stand-off over the plant. DPP legislative caucus whip David Chou said the party wasReuters - 247 words
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Page 14 Advertisements
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Advertisement130 2001-02-06 14 I project eyeball. DAVE RIDES PLUS: Sterilisation. I I Though the sends BjjH H IH I I m statistics show that numbers of men and women who go lor sterilisation are steadily Turke season ""J te over but the climbing. Read all about green gobbling plagues Dave Barry your Stork130 words
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Page 15 Advertisements
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Advertisement287 2001-02-06 15 I <■* HHBMPH^^HHHfc T 1111! BHW b^Hln I^M Jeff a"' >mAjf I f y.' 1 'itmk-r' t" 7 Mfisßßfr r JmM v%\ V; f -.|^^^K^E%& c WmtamSkrt* \jL mfr »;■-> %?^j*:;?fP|P' i^a^s ..r?-fl« W^^M/\ I \l ij (V mmF 'i < v a <A CP Look around. You're in the287 words
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Page 17 Advertisements
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Advertisement103 2001-02-06 17 Since 1975 our worldwide staff of over 275 multi-disciplined professionals i y M including lawyers, chartered accountants. 'fa? > W chartered secretaries and bankers have IP j k w provided confidential and cost effective jA company formation in all the ma|or low mm tax areas including: Incorporation Fees from USSSOO103 words
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Advertisement198 2001-02-06 17 Land plots now available at Paya Lebar /Park I jflp J I j Bk M j wttL Never underestimate the power of a new idea. /Park 21 represents JTC Corporation's new concept for industrial estates. It gives workers a more stimulating industrial parks in the 21st Century. Just imagine a198 words
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WORLD news
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611 2001-02-06 18 NEW YORK Senate panel calls for restriction of correspondent banking services NYT A REPORT scheduled to be formally released yesterday by Democrats on the staff of a Senate investigating panel says that money launderers have exploited the international system by which banks handleNYT - 611 words
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Article, Illustration61 2001-02-06 18 [LONDON] Commuters queuefor buses outside London's Victoria Station as a one-day strike by underground train drivers left tens of thousands ofpeople struggling to get to work. The union, which represents 80 per cent of train drivers, has called a series of one-day strikes to voice theirAP - 61 words
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426 2001-02-06 18 U NEW YORK With a price tag of USs2b, it is the first substantial deal of the year Reuters THE neglected market for new stock offerings will finally attract the attention of Wall Street this week when KPMG Consulting, one of the world'sReuters - 426 words
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483 2001-02-06 18 LONDON World's oldest mutual insurer rejects GE Capital's takeover bid Bloomberg HALIFAX Group Pic agreed to buy Equitable Life Assurance Society for £1 billion (552.6 billion) after the world's oldest mutual insurer rejected a takeover approach from GE Capital Corp.Bloomberg - 483 words
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Article244 2001-02-06 18 SEATTLE Contest lets yon create portfolio and see how it performs against his choices Reuters HAVE you been itching to match your investing skills against those of the world's richest man, Microsoft Corp founder Bill Gates? Well, sharpen your Wall Street wits, because a contestReuters - 244 words
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WORLDWatch
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79 2001-02-06 18 Bloomberg [TOKYO] Nomura Securities Co said net income for the three months ended December fell 53 pa* cent to 36.6 billion yen (*****.5 million) from a year ago, as trading volume (m the Tokyo Stock Exchange shrank. Stock trading commission revenue for the quarterBloomberg - 79 words
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54 2001-02-06 18 Reuters [TOKYO] Canon Inc yesterday posted a record annual profit, helped by robust sales of laser printers. It said group net profit for the business year to December grew to 134.09 billion yen (Ss2 billion), or 21 yen per share, up 90.9 per centReuters - 54 words
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Article59 2001-02-06 18 Reuters [TOKYO] Toyota Motor Corp said it had not received any inquiries from the Tokyo Stock Exchange (TSE) despite a report the exchange is investigating possible insider trading in its shares. On Saturday, the daily Mainichi Shimbun reported the exchange is probing possible insiderReuters - 59 words
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70 2001-02-06 18 Reuters [PURCHASE, New York] Soft-drink and snack food giant PepsiCo Inc yesterday posted a 15 per cent rise in fourth-quarter profits, boosted by earnings growth across its units, and reiterated that it sees double-digit earnings growth in 2001. PepsiCo said it earned US$567Reuters - 70 words
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466 2001-02-06 19 BARTLESVILLE Analysts thought it would expand in exploration rather tfifln refining Bloomberg PHILLIPS Petroleum Co will buy refiner Tosco Corp for US$9 billion (5515.6 billion) in stock and assumed debt, making it the second-largest US refiner behind Exxon Mobil Corp. TheBloomberg - 466 words
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Article, Illustration476 2001-02-06 19 WASHINGTON Bnt the president won't increase the size of USsl.6t plan Reuters US President George W Bush supports revising his US$l.6 trillion (552.7 trillion) tax cut proposal to put money in people's pockets faster but will not increase the size of his plan, hisReuters; AFP - 476 words
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Article, Illustration73 2001-02-06 19 [MELBOURNE] Tourist Young Mi of South Korea reads Rupert Murdoch's MX paper for afternoon commuters, which was launched in competition with the Fairfax media group's Express in Melbourne yesterday. Analysts have questioned the viability of thefree tabloid giveaways in a softening economy. The News Ltd's MX gained anAFP - 73 words
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609 2001-02-06 19 Surinder Singh - National's game plan helps pat her back on centre stage of state election From Surinder Singh in Sydney LESS than six months ago, Pauline Hanson and her One Nation party were struggling to stay afloat. Stricken by internal divisions609 words
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350 2001-02-06 19 TOKYO Bloomberg JAPAN Tobacco Co will sell its 25 Burger King outlets in what could signal the demise of the burger brand name in Japan. The country's only cigarette company said in a release that it will "transfer the businessBloomberg - 350 words
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Page 18 Advertisements
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Advertisement81 2001-02-06 18 X 4:- "HNt Q-0454 2000 CALL us at: 823 3000/538 3855/462 4711 (Main Office) (Pidemco) (Clementi) mm SAFE^y Visit our website for details bookings: StCjrHLlb safe2trov«i.corri www.safe2travel.com Main Office: 3 Lim Teck Kim Road #01-04/05 Singapore Technologies Building S(*****4) FAX: 226 3711 Email: tour@safe2travel.com tSign up for Star Hub 2-year81 words
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Page 19 Advertisements
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Advertisement106 2001-02-06 19 *NEW YORK $9,176 S® JB- JHF v wwwy *flffitfri Vfttctii narorrler Hfnexclusive joint promotion from Safe 2 travel jgpjj|krH ub and Cathay Pacific PRNEQ-0453-2000(5L45) PRNEQ-0454-2000(6688) CALL us AT: 823 3000/538 3855/462 4711 (Main Office) (Pidemco) (Clementi) A Visit our website for details bookings: QhnrMi ih safe2iravei.com t f*u> pemer te106 words
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FINANCE & commodities
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311 2001-02-06 20 Lau Chee Keong Refco Singapore - SGZ Derivatives TnuOiagßeport ST Index/MSClS'pore Index Lau Chee Keong Refco Singapore A SERIES of investment downgrades of financial and select blue chips sent the Singapore stock market to a lower close for the third day in a row yesterday. The 4.4 per cent drop in311 words
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243 2001-02-06 20 Lau Chee Keong Refco Singapore - MSd Taiwan Index Lau Chee Keong Refco Singapore THE Taiwan stock market fell yesterday following the slump in Nasdaq last Friday on earnings worries. The MSCI Taiwan index was down by 8.23 points or 2.91 per cent to close at 274.36 points. Turnover within the index243 words
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170 2001-02-06 20 ENERGY REPORT Reuters [LONDON] Oil prices hovered near 10-week highs yesterday, retaining most of last week's steep gains that stunned traders who saw little fundamental reason for the rally. Prices rose more than US$2.5O on Thursday and Friday as traders rushed to cover oversoldReuters - 170 words
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Article325 2001-02-06 20 Reuters liOiMtAH THE euro was firmer against the US dollar and the yen yesterday, profiting from a sell-off in US stocks at the end of last week which spilled over into Japanese equities. A larger-than-expected increase in US non-farm payrolls released on Friday was overshadowed by a riseReuters - 325 words
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Article, Illustration1201 2001-02-06 20 DTTERBAlfR CROSS RATES Feb 5 AS CS Era Ffr M Htt HKh Yw Won HI »»M(h Pmo S$»K Sir HT$ 8afct HmA US$ Australia 0.828 4.590 0.587 3.849 1148 4.314 25.668 53.033 0.640 6.984 2.102 1240 32.719 27.165 0.962 4.297 0.904 17J8123.478 0.375 0.553 Canada 1208 5.543 0.709 4.648 13861,201 words
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Article1908 2001-02-06 20 SICOM FUTURES Feb 5 RUBBER (futures closing as at 5.30p«) RSS1 CONTRACTUS cents/kg) Close Volume Open Month Mb> Low Srtt (tonnes) Interest Mar 01 »7.00 1950 Apr 01 H0.25 400 May 01 112.75 400 Jun 01 114.25 400 r RSS 3 CONTRACT (US cents/kg) Volume OpM Month Htyli low Sett1,908 words
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STOCKS east asia
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Article, Illustration2743 2001-02-06 21 HONGKONG AFP niHangSeng -240.45 HONGKONG share prices closed 1.5 per cent lower yesterday on selective profit-tak-ing following Wall Street's fall at the end of last week, dealers said. The key Hang Seng Index lost 240.45 points to close at 15,830.84, onAFP - 2,743 words
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2073 2001-02-06 21 TOKYO AFP Pmktaigg -318J1 TOKYO share prices slumped 2.3 per cent yesterday as technology issues suffered from a Nasdaq selloff in New York, brokers said. The Tokyo Stock Exchange's Nikkei--225 index closed down 318.11 points at 13,385.52. The Topix of all issues on the stockAFP - 2,073 words
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Article, Illustration1060 2001-02-06 21 Reuters Q Shenzhen Binder -3JI CHINA shares closed sharply lower yesterday, the first trading day after a long Chinese New Year holiday, due to investor worries that authorities may widen a crackdown on stock market irregularities, brokers said. Shanghai's hard currency B share index ended at 82.99, down 3.01Reuters; Source: Credit Lyonnes Securites (Asia) Ltd - 1,060 words
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Article375 2001-02-06 21 AFP □TP Index -11&84 TAIWAN share prices fell 1.9 per cent yesterday as institutional investors took profits in financial and technology stocks, dealers said. The Taiwan Stock Exchange Weighted Price Index shed 116.84 points to 5,932.42, on turnover of NT5132.61 billion. Risers led decliners 361 to 184, with 46AFP - 375 words
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Page 21 Advertisements
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STOCKS klse
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Article, Illustration417 2001-02-06 22 AFP C 3 Composite Index -432 MALAYSIAN shares closed 0.6 per cent lower yesterday on profit-taking triggered by WaU Street's losses at the end of last week, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 4.32 points at 732.02. The SecondAFP - 417 words
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Article8657 2001-02-06 22 INDUSTRIALS Cmhmt protects 2001 Last Vol Day Net Cap L— Compkrry Sat* •OOP High Law P/E $mll 310 300 Ajinomoto 310 17.0 125.6 45 30 Angkasa 38.5 -1 18 39.5 37 56.8 334 286 Apollo Food Hlq 334 2 2 334 334 7.3 133* 356 308 Asia File 346 -68,657 words
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Page 22 Advertisements
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Advertisement10 2001-02-06 22 www.ce-mfosys.com Understanding her is probably the only thing InfosYs P10 words
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SGX clob & regional stocks
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Article2679 2001-02-06 23 BONDS A WARRANTS ms *t Mi rnm/ U»tr» 52-Veak Last It Omy UiIBmH mtmt Cmn liar Mx MM* M* Lea Sate COOO) Mfk Lew m> Sal* hta MblMk Pita (*> *e«ta2 K« 47 1 s Acma W*****4 2 uoch 154 2 2 13 2.5 2 41.0 1 300 351 33.502,679 words
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Article305 2001-02-06 23 AFP Q Composite Index -2132 SOUTH Korean shares fell 4.8 per cent yesterday with the index down 29.32 at 579.16. Volume stood at 351 million worth 1.9 trillion won.—AFP ms *h Anam Semi 4190 -560 Brain Tech 565 -40 Centra) Bank 170 unch CheMComtn ***** -MOO Da* Cu BankAFP - 305 words
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Article289 2001-02-06 23 AFP Q Composite Index -17.50 PHILIPPINE share prices fell 1.1 per cent yesterday with the Composite Index down 17.50 points lower at 1,652.08. Turnover fell to 983 million shares worth 332 million pesos compared to one billion shares worth 615 million pesos traded on Friday. Fees Ptm COOQ) AbacusAFP - 289 words
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Article270 2001-02-06 23 AFP □IBSE-40 -23JH NEW Zealand shares slipped 1.2 per cent yesterday on concerns about the effects of the US slowdown and with many players taking a long weekend, dealers said. The NZSE--40 Capital Index closed down 23.86 at 1,967.07 on turnover of 34.81 million stocks valued at NZ$34 million.—AFPAFP - 270 words
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Article547 2001-02-06 23 AFP PAD Ordinaries -39.40 AUSTRALIAN shares fell 1.2 per cent yesterday amid concerns for the domestic economy ahead of an expected cut in domestic interest rates by the central bank, brokers said. The All Ordinaries index fell 39.4 points to 3,265.3 points while the SP/ASX2OO index dropped 42.5 pointsAFP - 547 words
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Article, Illustration755 2001-02-06 23 AFP §3 SET Index -£fl2 THAI stocks closed down 1.5 per cent yesterday as an afternoon slump reversed gains made early in the day, dealers said. The Stock Exchange of Thailand (SET) Composite Index closed down 5.02 points at 329.08 while the SET 50 fell 0.39 points at 23.59.AFP - 755 words
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Article, Illustration722 2001-02-06 23 AFP Composite Index +6J7 INDONESIAN share prices closed 1.5 per cent higher yesterday on bargain-hunting in blue chips with a large inflow of foreign funds, dealers said. The Jakarta Stock Exchange Composite Index closed up 6.97 points at 458.95, off a high of 469.81. Declining stocks led advancers 97AFP - 722 words
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Page 23 Advertisements
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Advertisement11 2001-02-06 23 Bringing THE ARTS to another level The Business Times every Saturday11 words
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Article9279 2001-02-06 24 SGX MAIHBOARD Transaction date: Feb 5 Of Gr M Wt 52-Wk Last Vol Day Lait Ouota Dtv Dtv YM Nat Cap Avg Law Campawy W« COOP) m» Law Buyar »a8ac Cvr H P/t >S8 Prtca MLTHNMISTWY ll 3 m c ttSffLa 70 663 66.5 67 5 43 3.79,279 words
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Page 24 Advertisements
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Advertisement8 2001-02-06 24 Communication Tools Just imagine life without them. Buy^^^dh8 words
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Page 25 Advertisements
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Advertisement255 2001-02-06 25 Where to wine, dine and enteftain..~'!>K:i.a jjjsaSS." M""' Pre-Chinese New Year Company Gathering Set Luncfeii Dinner Menus (19 fan *Feb) $368 and $498far8to lOpax Chinese New fear Family Reunion Set Menus <19 lan 7 feb) $368-$1,288 ft* 4 to 10 pax a f For reservations, please enß 1800-*****11 or 290255 words
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Advertisement49 2001-02-06 25 j' L Fresh oysters, delectable -|P* lobsters, savoury hoocv-gtazcd ham, U.S Prime Rib of JE MWj. Beef and many mote mouth watc l B to leave yoii j spoilt for choice. BEST Lunch: 12 noon 2.30pm Dinner 6.30pm 10.00pm Reservations: 831-6271/88 Mnmkirut ,V/jj*y«r«T» 333 Orchard Road. Singapore 2 *****49 words
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Page 25 Miscellaneous
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Miscellaneous929 2001-02-06 25 i lie dujiiicoo limes, i ueauay, rcui uai y u, tuu i TVF.irrr. rrr————wn^m 9.30 News 5 Tonight. 1100 MN TV Innovation. 1140 Asia Tonight. 10.00 Buffy The Vampire LOO AM Close. 11-30 W3. 0.00 AM Kids Central: Sesa- Slayer. 12.00 MN The World Tome Street. 1L00 Snoops. Channel NewaAsia929 words
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Miscellaneous250 2001-02-06 25 CRYPTIC CROSSWORD mgmmr 2 i p j p E j Fe I HM|| Br""""jBjl iBISI ACROSS unopened (4) 1 Pass down a card with gesture 7 tew co make much ri orv~«ntv (45 51 difference (5,6) 8 Approach senior teacher as 8 Cau 9 ht so^[? i J hat hand,e250 words
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KNOWLEGE economy
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Article, Illustration1262 2001-02-06 26 ANNA TEO - Mechanical, mindless group-think spells the dearth even death of innovation. How, then, can organisations change this mindset to achieve quantum growth? MMttk tbo gets some, answers from Rajiv Narang, chief executive officer of Erehwon Consulting ANNA TEO A GROUP of senior, seemingly highly intelligent executivesCHRIS LOH - 1,262 words
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416 2001-02-06 26 IN Singapore, Erehwon Consulting counts among its "most exciting" cases its work with DBS Bank's investment banking group. "Here's a traditional Singapore company that's trying to reinvent itself," says Rajiv Narang, whose company has been doing work in the region for about five416 words
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Article, Illustration1648 2001-02-06 27 YVETTE FLANIGAN, A J RAMACHANDRAN - BIOSAFETY GUIDELINES An attempt to make rats and mice infertile in Australia inadvertently resulted in a virus that killed mice. While this particular virus poses no danger to people, the same technique could be used to create viruses that could infect human beings. ThisREUTERS - 1,648 words
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Page 26 Advertisements
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Advertisement1718 2001-02-06 26 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 9* WATERCO INTERNATIONAL PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 78 Vore Street, Silverwater, New South Wales 2141 to1,718 words
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Advertisement133 2001-02-06 26 MTMMATTBIOr THf COMPANIES ACT, CAP. 50 AND M IHi MATTW OF HOUDAY PLANNERS PTI LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the members of ihe abovenamed Company wil be held at 133 New Bridge133 words
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Page 27 Advertisements
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Advertisement6 2001-02-06 27 c-Llfe Sciences Rajah Tann Andersen Legal6 words
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NewAsiaBizWoman
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Article, Illustration901 2001-02-06 28 Susan Karlin - But like fallout hitting other dotcoms, use of these sites has hit a plateau By Susan Karlin Reuters WHEN Melina Kanakaredes. the star of NBC-TV's Providence became pregnant, she faced a rapidly changing body that required special attention, not to mention hip maternityReuters; REUTERS; AN AD FOR NIPPON PAINT - 901 words
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Page 28 Advertisements
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Advertisement218 2001-02-06 28 OUR TECHNOLOGY FUND INVESTS IN THE GREATEST INNOVATION :_i_. OF ALL. j X X C -> K 0> O 0 o <=> o o0(J < V-'A 1 o°r. P dk -0 4 Q t Ok s L-i -Am The human mind creates... and opportunitiesarise. Ever wished for a robot to218 words
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SHIPPING TIMES
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Article291 2001-02-06 29 Reuters THE Baltic Dry Index (BDI) dipped five points to 1,488, the Baltic Panamax Index (BPI) shed eight points to 1,611, the Baltic Handymax Index (BHI) firmed 22 points to 8,898 and the Baltic Capes ize Index (BCI) fell 11 points to 1,863. Atlantic panamax freight rates areReuters - 291 words
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Article265 2001-02-06 29 CWT Distribution 0.53 0.01 Cosco investment"-0.t8 002 2158 Freight Links 0.12 0.01 1901 SB Holdings 0.45 0.01 0 IMC HoMngs-HK —5.60 UKll 0 Jaya Holdings 0.17 0.01 819 KeppelCorp -0.02 1041 KeppelFCLS 1.07 OA 329 Keppei Marine 0.20 unch ***** Keppei Tele L38 "0.07 MS LeDroy Marine 0-30265 words
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467 2001-02-06 29 David Hughes - Membership will ensure Asian views are heard at int'l conventions From] David Hughes in London ASIAN shipowner groups are acting to ensure they have a greater say in decisions taken by bodies such as the International Maritime Organization (IMO). Singapore Shipping Association467 words
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Article, Illustration304 2001-02-06 29 AFX-Asia [MANILA] International Container Terminal Services Inc (ICTSI) has no immediate plans to request an additional cargo handling rate increase after it implemented a 10-15 per cent rate hike last week, ICTSI president and chairman Enrique Razon Jr said. "WeAFX-Asia - 304 words
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Article, Illustration148 2001-02-06 29 [SINGAPORE] Minister for Communications and Information Technology Yeo Cheow Tong launched a commemorative book yesterday to mark the 15th aniversary Of the Singapore Shipping Association. In a foreword to the book. Prime Minister Goh Chok Tong, who was managing director of Singapore's Neptune Orient Lines before going into148 words
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Article, Illustration71 2001-02-06 29 [LONGKEN, Taiwan] The Singapore working ship Smit Lumut (right) removing the rest of the oil from the Greece-registered cargo shipAmorgos, near the coast of Longken conservation area, off Renting National Park. At least 1,150 tonnes of fuel oil have gushed from the ship since it71 words
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PORTShots
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Article50 2001-02-06 29 v y itONDON] Swedish tanker operator Concordia illirltime saw a pre-tax profits ofUS$22.9 million (5539,6 million) last year, up from a US$7.6 million loss the year before. The V/X7LCC company saw its consolidated sales nearly year as SHSSSHT hedging at the beginning of the year.50 words
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Article75 2001-02-06 29 {LONDON] John Stafford has resigned as chief executive officer of UK-based ehiprepairer Cammell Laird. The company has recently suffered from losing an USsBqMvf J million <Ssl47 million) jumboisation contract from Italian cruise firm Costa Crociere and is still awaiting news of government approval of a two-ship75 words
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Article67 2001-02-06 29 {LONDON! US-based Celebrifr&ruises' new gas turbine sip Millennium Jatofce drydocked again in April after"' one of its electric motors developed problems. The cruise ship was last drydocked in November last year shortly afterlt began operating in the Caribbean when it began suffering from vibratiolbroblems. Passengers booked67 words
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99 2001-02-06 29 [LONDON] '**1 Register has made a number of changes to its top management, effective from the start of this year. Wiliem de Europe, Middle East and Aftfea Region, has been appointed deputy chairman of though he is to retire i& April. Current Asian operations99 words
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117 2001-02-06 29 AFP [TOKYO] A cargo ship carrying 335 cars capsized in the Sea of Japan yesterday morning, leaking oil which stretched for 2.2 kilometres, a Japan Coast Guard spokesman said. All eight crew members were rescued unharmed. Around 6.00 am yesterday, the car carrierAFP - 117 words
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AUSTAL'S expansion
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Article, Illustration868 2001-02-06 30 EVELYN DUFFY - Australia's Austal, well-known as a fast ferry builder, is aiming to branch into defence, patrol boat and luxury motor yacht sectors to ensure its long-term competitiveness, reports EVELYN DOTTY EVELYN DUFFY AUSTAL chairman John Rothwell tells Singapore's Shipping Times that divers i f i c a t868 words
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Article180 2001-02-06 30 PAGE Appenship 5 Assets 5 Austral 6 BalajiShpg 5 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Cho Yang 5 China Shpg 5 Cougar 7 Columbus 6 CVT Globelink 7 Delmas 4 DjakUoyd 6 Dongnama 3 Eastrans 6 ECL180 words
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Article17789 2001-02-06 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT TUESDAY, FEI ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 14/02 20/03 Del mas SAUDI JEDOAH N41W 65-*****44 15/02 31/03 COSCO MING HEAVEN 002SW 65-22(1900 20/02 25/03 Delmas SAUDI JUBAIL H41W 65-*****44 21/02 31/03 COSCO17,789 words
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SHIPS IN PORT
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Article772 2001-02-06 39 Vessel Voy No Berth Arrival Departure Spc Capricor 23 J M 05/02/630 05/02/1900 Rachmanuel 2 01-Feb J03 05/02/80) 06/02/800 Baltimar Oke 103 J17 05/02/8:45 05/02/1*00 Angliaservic VOWIr JOS 05/02/7:10 05/02/23:00 Sing L H11 01-Feb J06 05/02/8:20 06/02/6:30 Winstar 2 015S01 J03 05/02/7:30 05/02/21:15 Kim Heng 183 M1037 J02772 words
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Article1738 2001-02-06 39 RECEIVING OF EXPORT FCL CONTAINERS ANDLOCAROO Booking/Mane* Rstts Ship Voy Wo Etb/Btr Ported Frow To Fw ACTUAMA *****4 6/12:00 B 04/1500 04(1*9* AjrOO 2A 04/1700 05/0659 05/0*00 a ovrroo ovo659 05/0*00 J owotoo os/ns* OS/MOO 4 05/1200 OS/MM 95/1700 ass ssa ss. a 04/1700 95/9*51 os/o*oo 05/0700 OS/IB*1,738 words
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Article188 2001-02-06 39 Ml New Zealand: Waitangi Day. F*bB Thailand: Makha Bucha Day. New Zealand: Waitangi Day. Feb 11 Japan: National Foundation Day. Fab 19 United States: Presidents Day. Feb 33 Brinei: National Day. Marl South Korea: Independence Movement Day. Kirl Brunei: Hari Raya Haji. Indonesia: Idul Adha A.H. Malaysia: Hari188 words
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Article777 2001-02-06 39 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 Individual777 words
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Article490 2001-02-06 39 Carboa WO Max 987.5 03 15.9 0.06 65 0.03 m i IWmltr Water Residue Ask AlwaMwa Sediment No abow £25 0 0 1 0 0 0 =£2 —rrr- 380 aw *4.9 0J ai 0.06 25 0.01 UM. 380 MM 990.4 0.7 16.1 0.09 54 0.04 m/wi490 words
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AIR & LAND transport
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495 2001-02-06 40 ECONOMY-CLASS SYNDROME Summit comes as evidence emerges of rising death toll, Aussie law firm set to take action AFP [SYDNEY] Australian airline managers, aviation regulators, doctors and unions will attend a summit in Sydney to discuss so-called economy class syndrome as evidenceAFP - 495 words
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Article, Illustration87 2001-02-06 40 [ORLY] People demonstrate in front of Orly's airport, outside Paris. Some s,ooopeople demonstrated on Sunday against a new air lane over the southern Parisian suburbs nearby Orly's airport, aimed at relieving the traffic congestion on the northern Parisian airport of Roissy-Charles de Gaulle. Local inhabitants andAP - 87 words
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Article, Illustration226 2001-02-06 40 Bloomberg [TOKYO] Japan will review its air-traffic control procedures to reduce the risk of human error after two planes carrying 676 passengers and crew narrowly avoided a collision last week, government officials said. Japan's Ministry of Land, Infrastructure and Transport has established a committeeBloomberg; AFP - 226 words
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Article, Illustration350 2001-02-06 40 Bloomberg [LONDON] British Airways pic, Europe's biggest airline, said it returned to profit in the third quarter as it carried more business traffic and ratcheted up fares. BA reported an operating profit of £80 million (552.05 billion) compared with a lossBloomberg - 350 words
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135 2001-02-06 40 Bloomberg [ZURICH] SAirGroup, the owner of Swissair, said Paul Reutlinger, the executive charged with combining three unprofitable French subsidiaries, will leave the company at the end of the month. SAir wants to merge Air Liberte with AOM and Air Littoral to create the NoBloomberg - 135 words
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186 2001-02-06 40 Reuters [SHANGHAI] China Eastern Airlines said yesterday it plans to take delivery of seven Airbus Industrie aircraft and add some planes for feeder routes to its fleet this year. Eastern now has the second largest fleet in China and it will beReuters - 186 words
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89 2001-02-06 40 AFX-Asia [SYDNEY] Qantas Airways, Air New Zealand and Singapore Airlines have been highlighted by Air Niugini chief executive Peter Roberts as preferred equity partners, The Sydney Morning Herald reported. The report said Air Niugini has identified 28 airlines as potential 49 per cent partnersAFX-Asia - 89 words
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Article1784 2001-02-06 40 aw rum tu nut no MM* M0229 2230 11*300 2230 S0229 2230 fl«Hll>m IKS 0M0 0*974 OK K***** 1535 KL0044 OCS KL0830 2335 M24 040 MBHZ MIS mm ***** QMS WW 2255 mm* >223 MO >***** 2045 S***** 1050 S0205 2045 IU42M 2020 m mm MOW*1,784 words
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273 2001-02-06 40 Reuters [ROME] Italian Prime Minster Giuliano Amato met his treasury and transport ministers yesterday to discuss the future of Alitalia, three days after the airline's embattled chief executive officer Domenico Cempella resigned. Mr Cempella, who had led the Italian flag carrier since 1996, hadReuters - 273 words
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Advertisement402 2001-02-06 29 PEOPLE Kawasaki Kisen Kaisha Ltd (K-Line) has promoted Yoshlo Iinuma to managing "director. Mr iinuma began his career with K-Line in 1967 and, since 1998, has 2^-V been president and chief executive officer for K-Line 't. Thomas Thune Andersen will be replacing Tommy SSfc. ■■■■■■■■■hhmhhh Thomson as president HHu $HHHB402 words
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Advertisement31 2001-02-06 29 ■/total's r survival strategy?,'..' dhioreifflratinn < UIWBIJrITICfIIIOII B Aussie |ivlatlo<t?|ig| attMrfMMt in the black tafWni^r;; Back Pg r 1 Do you need to register a vessel? Click on www.maritimeChain.com for more information.31 words
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Advertisement717 2001-02-06 30 NORTH AMERtCA QULF/INDIA SUB-CONTINENT express (ssx) 1 iouu Karachi express «wx) vgsa I vot I lgo ST—T num vnsa vot 5a mm md T m^ST m OOCIMTHBIANDS 25W03 14/01 11/02 11/01 POO »UOT» MMMAM 541 17/01 11/01 20/01 10/01 OOQ IRITAM 39W04 31/01 10/02 20/02 POO MDUOTD MALACCA OK 24/01717 words
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Advertisement697 2001-02-06 30 Lines services represented by Members of the Regiilry of jHEgWS/ Accredited Shipping Agents, Singopore Shipping Associotion ULY UNE MALI vnsn ["voir \m ~iu eta P. KLANC SPORE MALI Empress Lily VO2Ol 04/02 07/02 15/02 Princess Lily VO2Ol 19/02 20/02 28/02 Empress Lily VO3Ol 06/03 07/03 16/03 I ULV MAMNI StftVICK697 words
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Advertisement6 2001-02-06 30 Members of the Singapore Logistics Association6 words
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Advertisement1193 2001-02-06 31 SAX SERVICE (DIRECT) VESSEL VOT SIN HA LAX OAK DAL HOU CHI COL MEM ATI NTC API SARDONYX 026E 17/01 01/02 05/02 OS/02 05/02 05/02 05/02 05/02 06/02 06/02 API TURQUOISE 040E 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 19/021,193 words
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Advertisement1980 2001-02-06 31 TOs COLOMBO EVERY MONDAY (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROIINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAIt SHIPPING PTI LTD #12-00 SALIS/BKGS *****57/43 INWARD DEPT (O/O) *****46 COSTAR AGENCIES (M) SDN BHD 01 NO: **********00 SINGAPORE *****4 CONVENTIONAL *****01/450 T/SHPMT DEFT1,980 words
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Advertisement1436 2001-02-06 32 SENATOR LINES TO UK/CONTINENT TOMgDnTORAWKAWBEAgrOOAgrALLWATTO *P«a vor m ieh m iw m wv hi VES3a voy "aw"* on trt fos vie htc POHAMS SENATOR OBISW 07 02 24.82 25 02 27 02 tS.U 0(03 87.83 PALERMO SENATOR OM2W MB2 25.82 27 02 81.83 BO MB HAKIM SINGAPORE 0053W 00 021,436 words
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Advertisement793 2001-02-06 32 Carrier RAN COUTH LINES, NIC a p. gudang: (ot) *****26 l~lYy J QWMO.I—mOQOM SCU: (084)*****8 MANILA: (632)*****24 WHANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUCHNG (082) *****1-3 SURABAYA HAIPHONG MV "SINAR BITUNG" V.003 MV "VAN XUAN" V.OSN ETA SIN: 10-02-2001 ETA SIN:793 words
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Advertisement663 2001-02-06 32 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MUUJNO, MIIMBAI) COCHM COLOMBO ALSO ACCEPTING TO ALL NORTHERN MO WESTERN I.C.D. POINTS VMMI S PORE N. SHEVA COCHIN COLOMBO P.KLANG TULSIDAS ¥.137 S4 FE6 13 FEB 11 FEB 11 FEB 23 FEB FRONTIER V.I6SW 11 FEB 28 FEB 23 FB663 words
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Advertisement1377 2001-02-06 33 |VESSEL VOY KHH HKG I SIN PKL I OXB I BAB PMM BIK IRAN TABATABAEI PCI-193 06/02 07/02 10/02 11/02 20/02 21/02 23/02 25/02 1 IRAN KERMAN PCL-194 13/02 14/02 17/02 18/02 25/02 26/02 28/02 02/03 I IRAN ISFAMAN PCL-195 20/02 21/02 24/02 25/02 04/03 05/03 07/03 09/03 I IRAN1,377 words
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Advertisement367 2001-02-06 33 1 BLUE LADY RDM/ATW/BMNAJK 1 OCEAN ISLAND RDM/ATW/BMNAJK I Loads Singapore. EVW. J Loading for PAN EXPRESS DBI/ABU/DOVBRN/DMM/KWT PIONEER SUN DBI/ABU/DOH/BRN/DMM/KWT LOKKRANTI JDH/AQA/ADN ARETE JOH/AQA/DMT •Loads Singapora. E7W. Mateysia. IndonMia I Loading tor GRANT MARINER NOl/SAV/CAM/TMP J TAICANGHAI VCB/VCW/LAX/MZL 1 ARCHIMEDES NCX/TPC/CAMWAX 1 *Loadi E7W. Malaysia. Indonaaia f S'pora Loorfng367 words
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Advertisement1038 2001-02-06 33 EUROPE EXPRESS SERVICE EXPORT T IMPORT fSSosa Ig -M«s>:§> $j»: M rBf"" I -ill ill:Hi PUMNKSBr MriMlN I 31/81 01/041 02/041 03/04|04/04 |IUL«SSi 034E 1 15/02 117/0? 19/02 |22/0? 03 EXPORT HJMSHDWHOXWWSIOUKDW H»DI/WOIA*HJtBWMDIK n>o* IVOI TOM IMPORT "HJ WO6TO WtttOintTHCI^iCCaiAOWOHJMnaDMIWIWEBIKSin/li wwn i i cm iin nAM Kcmm amm wit nvm1,038 words
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Advertisement1049 2001-02-06 34 Ammw nRSMN WV/MDUN XJB wnhnbkt SGRVKB i luwhh I VESSEL VOYAGE SOP CM DW M ANI DMN lAN KM NXV HSHKUSU 0009* 07/02- 11/02- 2MB 24/02 fIIUHE 0144W OMH- 20/02 22/02 24/02 UNI AMPLE 04S1-035W 11/0214/02 21/02 22/02 uMPUWOT 0143-013W 13/02 17/0223/02 24/02 fInANGHE 0144W 14/02 27/02 01/03 05/03 fIuNASSM1,049 words
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Advertisement694 2001-02-06 34 m JJB Ml air i£n «»§i V T sin jri r* JWWLI MIM 07/81 11/01 M/M ADM UZS 07/W ~m 11/ M JflMUSflttr fflH mi m S™ X* IMS $Jg ssa as J": urn h/m ivto jgftg to m m —im JUDO Bim—lZZD2—nm mm jik ~im s g s »*«i»HUM694 words
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Advertisement62 2001-02-06 34 LINER SHIPPING PTE LTD A 10 ANSON ROAD, #17-01 INTERNATIONAL PLAZA, SINGAPORE 0207 VT TEL: *****33(20 UNES) TELEX: RS ***** LSSIIIP FAX: *****13 gj eta s|N rrrrrr eta OUBAI 11/2 20/2 "ia/2 2712 6/3 /WA MIDDLE EAST PORTS DQBAL DAMMAM. KUWAIT, lAUIAIN. DOHA, JG IIYADIt, SnARJAfI, All! Dll All. MINA62 words
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Advertisement375 2001-02-06 34 ITO AUSTRALIA KWMUK SB 14/ M 10/ M »/M n/w m.mm w |i2/mivm w*i K/n v/n «/5 TfMM m ll>/811/r M/M M/M jj/M W/B w «k pi/wu/m" ts/n 11/ m 11/n 14/ M FEEDER SERVICE TO INDONESIA wi m sum imia «mm» n nun hmi» m I I I I375 words
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Advertisement380 2001-02-06 35 BSfl i. '^BST*!T33!VSWIIIfS3^fTeSS^^^V taft MYANMA wBBk FIVE STAR LINE (Myaßmar National Lino) 1 Loading for Yangon VtSStL VOY SIN PRL KM PGU MAWLAMYME 94W SU> PAGAN 290W SU> MALAYSIA AGENTS: OOUSIEAD SHIPPING AGENCIES RUL Ta 03-*****00 PKL TH. 03-3176*101 PHI: m 04-*****02 PGU: TH 07-*****21/4 BANK LINE (A lorrjco of380 words
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Advertisement1173 2001-02-06 35 HMME* HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOY ran SOU W MM I ANT I HAW RRV feSE I VOY I SOU lUN RCTA 1 ANT a* VLS6SW 00/02 BIT DO C (IN 6 MX CORAL VOIR 19/11 20/01 14/01 16/01 07/02 LA LORE 539W 09/02 02/03 03/03 25/02 27/021,173 words
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Advertisement721 2001-02-06 35 vOtor WALLENIUS WILHELMSEN TO NORTH AND lATIN AMERICA 'CAR RORO HEAVYUFT SERVICE" |vissa VOY tAMP HEIGHT SIN LK MAO MIA SAV ML Otf NYC NEW MM TAJtONGA AH 104 4001 m 6JM 11/ M 11/03 21/03 13/03 JS7oTm7OT 21/03 W 06/04 TAKO AH 105 4001 m UM 26/02 05/04 08/04721 words
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Advertisement71 2001-02-06 38 Ufa SINGAPORE PTE LTD W N 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 m m a amm Fax (69) *****66 Email generalgecusin ecutoe.net RICKMERS EAST MALAYSIA LI Wit Kuching/Kota Kinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 FREMANTLE KYOWA T,TNF COCOS CHRISTMAS ISLAND WES TERN Guam/Saipan/ Turn to Pagt71 words
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Page 39 Miscellaneous
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Miscellaneous122 2001-02-06 39 UEGEND: Issued by Meteorological Service Singapore Thunderstorm -L Showers Y. Rain Temperature wind direction and speed in knots ■Jf'" Weather U Cloudy Day I><J Hazy Sea Conditions Wind speed symbols 1 slight, < 1.2 m O Full circle w/o line indicates calm or light and variable winds -i—JDne half fleche122 words
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