The Business Times, 6 December 2001

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Microfilm: NL23311
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA(P) 107/03/2001 Internet: ht'p.'/business-times.asial com.sg/ SI NGAPORE THURSDAY. DECEMBER 6. 2001
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  • Article
    Lock icon MARKET SUMMARY
    75 1 D UNJ» (+55.16) Wtm J I mwi+umfif: 'eMS i i Iflff 188 IVfUUi U MUM (+63.00) ilflnxronav U naif (+7.50) I >i T r l CTOCKMAMETDnOM Wadneaday Cbu* KLSEOOMP HU1 *U« MB1BM tamiH -Hmif HAH88EW _lW?8i4_+*U« SET INDEX dosed JAKASTAOOMPJ77J4 HJ8 XAIOUtOOMP J42U7—+26.42 t/mnVFI —AJMM ♦168JJ SEOULOOMP <m
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  • Article
    Lock icon FINANCE
    65 1 ram rates U8$ SI USS (S$ per USS) UM £(0SS/SSpcr8)_L<tS Ull EUBO(UBf£S/E). MM UM DM IM UM TBI m.1 17 je KK UM U71 HXS 7 m UM BAIT 4JJ8 flj? RUPIAH 10,479 &7M PRIME SATES SINGAPORE* IS KOALA IUXPUB U( 80NQI0NQ Ul JAKABTA S9.0 TAIPEI 171 TOKYO WH
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  • Article
    Lock icon MAS tightens market for health insurance
    668 1  -  ■^exclusive With population ageing, it wants to see proper pricing and sale of policies By Genevieve Cua [SINGAPORE] The Monetary Authority of Singapore has embarked on a thorough review of health insurance, in anticipation of a rise in demand for such plans as the
    668 words
  • Article
    Lock icon Industry reports fuel tech stocks
    764 1  -  Chip sector on road to recovery, says major industry body By David Boey [SINGAPORE] A widely-fol-lowed industry report yesterday signalled that the global semiconductor industry is heading for a recovery after weathering its worst slump. The US-based Semiconductor Equipment and Materials International (SEMI), an influential
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  • Article
    Lock icon S'pore CEOs still among world's best paid
    602 1  -  Their salaries also have one of the highest levels of variable component Byi Anna Teo [SINGAPORE] Despite the recession, Singapore CEOs remain among the world's best paid. The size of their pay packets averaging U*****,740 in total is second only to Hong Kong
    602 words
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      Lock icon Page 1 Advertisements Column 1
      75 1 Drams Top storiM One-north hotel first to come under flexi-zoning. Next Page KL spreading Multimedia Super Corridor project to other states. Next Page i ECS to place out 40m new shares at 67 cents each. I*9* China's Caoeco a good long-term bet analysts. Pg 8 SocGen lays off 20 S'pore
      75 words
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      50 1 I Bi/IT I 1 Creating a tab for the fusion of kleas j Kenneth James. PAGE 28 baCKS 3rd ATM j Acer ConinmtHcatioiis Multimedia j network changes name to Benci page 28 »page 3 Bine chips zoom to levels before Sept 11, Next Page Hynlx raise chip prices, Pg 19
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      15 1 1 i I EXECUTIVE SUITE. PAGE 14 B*pore Men trailing in wage rises, Pg 9
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  • NEXT page
    • Article
      Lock icon S'pore blue chips surge past Sept 11 levels
      993 2  -  Tech stocks feed buying frenzy, which some say is By' Ven Sreenivasan [SINGAPORE] Singapore blue chips rocketed to preSept 11 levels yesterday as punters, investors and trad-ing-oriented funds piled into the bourse in a frenzy of buying. The resultant liquidityfuelled rally, which
      993 words
    • Article
      Lock icon One-north hotel first to come under flexi-zoning
      589 2  -  l-f exclusive The area will also have pocket-sized htmei«f2B-30aqm By' Vince Chong [SINGAPORE] A 2(X)-ROOM business hotel in Buona Vista, part of the one-north development beside the Buona Vista MRT station, may be the first project to be developed under a new flexible
      589 words
    • Article, Illustration
      Lock icon KL extends MSC to other states
      466 2  -  ■•rote address firms'reluctance to relocate to MSC /y&mi Diana Oon Abdullah in Kuala Lumpur MALAYSIA has begun to expand its Multimedia Super Corridor project into the other states in the peninsula, starting with development of technology incubators in Kedah, Johor and the Rang Valley.
      466 words
    • ON THE grapevine
      • Article
        Lock icon Acer dumped for Benq
        113 2 WHEN you throw more than a decade of goodwill down the drain, things must be pretty bad. Acer, which was called Multitech in the mid-60s, has Just changed its name to Benq for its mobile phone and computer peripherals unit Its public affairs people called up
        113 words
      • Article
        Lock icon This magic broom doesn;t fly
        40 2 SEEN in toy stores: the latest Harry Potter Nimbus 2000 magic broom that makes swooshing sounds. And it vibrates. True to American origins, the product comes with a disclaimer: "this broom does not really fly".
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    • Article
      Lock icon Correction
      90 2 IN the Dec 4 article "Restoring the shine to the Keppel conglomerate", as a result of an editing error, we stated incorrectly that Keppel Hitachi Zosen (KHZ), at its closing price of 60 cents last Friday, was trading at a substantial discount to its NTA. At 60 cents, which
      90 words
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      31 2 H' 1 N OR I) gl ;j4 4 u T i I iIhHK Concord lagiomd Offica and Sarvica CaMra: SwwwmFlaUd 230 Orchard Rd #06-234 fabar Houm 5(*****4) 3833 Fax; 734 9796
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  • S'PORE companies
    • Article, Illustration
      Lock icon Stanchart backs 3rd ATM network
      620 3  -  Its CEO says all the 6 QFBs are keen to get into the act quickly By] Loh Hui Yin SINGAPORE'S third automated teller machine (ATM) network will be up and running soon, now that Standard Chartered Bank has thrown its weight behind it. Stanchart chief
      CHRIS LOH  -  620 words
    • Article, Illustration
      Lock icon The return of local banking talent
      797 4  -  lock siev\^ quak hiang whai AMONG some of the widely circulated corporate gossip these days is talk that local banking talent, after being sidelined for three years, is finally making a comeback. First, it was John Olds who prematurely left DBS Group as chief
      FILE PHOTO  -  797 words
    • Article
      Lock icon ECS to place out 40m new shares at 67 cents each
      390 5  -  Issue being made to boost its liquidity, gearing ratio in the wake of PCI-SLR merger By\ David Boey SHARES of ECS Holdings, a mainboard listed e-services firm, were suspended after the midday break yesterday for the company to bang
      390 words
    • Article, Illustration
      Lock icon SingTel unit C2C scores China first
      402 5  -  From, Audrey Tan in Hong Kong SINGTEL subsidiary C2C yesterday announced that the northern loop of its panAsian cable network has been completed, making it the first private cable network to land in China. At a press briefing in Hong Kong yesterday, C2C chief
      402 words
    • Article
      Lock icon Keppel sees water and power synergies
      334 5 Dow Jones KEPPEL Corp hopes to tie its bid to build a water desalination plant in Singapore with plans to invest in the island's soon-to-be deregulated power generation sector, Ong Tiong Guan, executive director of Keppel FELS Energy, said in an interview yesterday. The
      Dow Jones  -  334 words
    • Article
      Lock icon Caosco good long-term bet say analysis
      611 8 They cite its valuations, growth prospects; shares start trading today Dow Jones Newswires SINGAPORE'S biggest initial public offering in 2001 which will start trading today, China Aviation Oil (Singapore) Corp, or Caosco, is probably one of the best IPO stocks this year, analysts say.
      Dow Jones Newswires  -  611 words
    • COMPANY Briefs
      • Article
        Lock icon HK Land repurchases shares
        57 8 Reuters HONGKONG Land Holdings has repurchased 165.7 million of its shares for US$295 million. The shares, which represent some 6.7 per cent of issued capital, will be cancelled. In the market, the Jardine Matheson unit surged 8 per cent to US$l.B9 by noon and topped volumes
        Reuters  -  57 words
      • Article
        Lock icon Vicplas to place up to 23m new shares
        59 8 VICPLAS International is proposing to place up to 23 million new shares at $0,085 each through DMG Partners Securities. The placement price represents a discount of about 7 per cent to the weighted average price of the company's shares yesterday. The net
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      • Article
        Lock icon GP Batteries' half-year net dives 24%
        86 8 GP Batteries said net profit for the half year to Sept 30 fell 24 per cent to $10.8 million from a year ago. Turnover slipped 1.5 per cent to $282 million. It said the slowdown in the personal computer and cell phone demand caused
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      • Article
        Lock icon Stamford Tyres' interim gain up 42%
        49 8 STAMFORD Tyres' profit for the half year to Oct 31 rose 42 per cent to $2.4 million. Turnover inched up 2.3 per cent to $59 million, thanks to contributions from the group's new Indonesia subsidiary and higher sales from its Hong Kong subsidiary.
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      135 3 pi^im jirWXfi^^^^^^^H V GET A GREAT DEAL MORE AT HYATT jfl WITH YOUR VISA PLATINUM There's nothing better than the Hyatt life. Except paying up to 50% less to enjoy it. With our irresistible Great Deal rates, H||B wi wtk. y° u can en i°y more f° r less at
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      374 4 Tsit Wing International Holdings Limited (Incorporated in Bermuda on 13 June 2000) Invitation in respect off 40,000,000 new ordinary shares of HKSO.2S each as follows:(1) 2,000,000 Offer Shares at 550.29 for each Offer Share by way of public offer; and (2) 38,000,000 Placement Shares by way of placement, comprising (i)
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      1052 4 CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD (Incofporwtmt in Singapore on 26 May 1993) Invttatton In reap** of 144,000,000 Nm Shares of 1046 each. comprising: (1) 10.000,000 Offer Sharaa at $046 tor each Oflar Shara by way of public offer; and (2) 134,000,000 Pfecamant Sharaa by way of pfecamant cotwprfelng: (I)
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  • Page 5 Advertisements
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      268 5 I JH» fl^n^iJ jm FOOD/ENTERTAINMENT^: The Smarts Times Classified. Oa&sificarions 5-36. imvimilfwil ■Vir-IL/I A INIOKIA Connecting People I in it Mi Sates j Report Stocknews.com p 8 p oft B iS^^T The Nokia 9210 Communicator. Always ahead of the game. Why talk tough in the boardroom when you can leave
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      Lock icon Page 5 Advertisements Column 2
      43 5 Singapore *****5 Lad Am: 19J47.4 aq aq ft Mk-toAna: 15,***** iq <166,125 aq ft MlqE 4 not -A, B, C D Blocks (Approved for LogisacsWartkoiue Industries) Tcaarr: Sixty (60) ytars roaweacinf from 1 huae 1978 Gr—J tat Twehe Doßan (SSI 2) per anaam
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      298 6 OTHER SINGAPORE INDICES Dec 5 VALUE CLOSE ■TOMB 241.00 +185.00 SrCMM -*****.00 +214.00 ITlO-tfayMU -*****.00 +24.00 418.15 +11.74 MfpMnDnl 136.85 +9.04 SfiEpMMFh 1360.17 +44.90 Pf» 424.09 -7.38 MSathnun 196.55 +6.68 SMSCI Fatam 198.10 +7.50 HK Land USIOc 179,657,(XX) Chart SemiConductoc 26c 36.588,000 PacfflcCanturylOc 32.209.000 NOL 27.345.000 Datacraft 10c 26.351.000 Surface
      298 words
    • Article, Illustration
      Lock icon Liquidity levels the key to further upside for Chartered
      271 6  -  HOT STOCK/ WARRANT Byy Ven Sreenivasan AS technology stocks ride the crest of the current market rally, one counter stands out for its remarkable recovery: Chartered Semiconductor Manufacturing. The stock surged to a three-month high at $4.76 during yesterday's session before
      271 words
    • Article, Illustration
      Lock icon Powerful rally lifts volume past $1b mark
      762 6  -  i comment STOCKS r. sivanithy THE local stock market yesterday exploded into life with an astonishing performance that lifted the Straits Times Index convincingly past its pre-Sept 11 levels and sent volume soaring past the $1 billion mark. Brokers said overseas investors were
      762 words
    • Article, Illustration
      Lock icon Sing $ erases early losses after STI surges more than 3%
      503 6  - Sing erases early losses after STI surges more than 3% -I i comment CURRENCIES As/S$ cross starting to look interesting larry wee AN impressive overnight rally on Wall Street carried Asian bourses sharply higher yesterday, leaving the US dollar largely becalmed around Tuesday levels by the close. The Singapore dollar,
      Source: Reuters  -  503 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2788 6 UNIT TRUSTS FUNDS ABM Aava Aa»t M* (S pare) Star Europe Eqty« A 0X2/ Star Europe Bd 0996/ Star Europe Bal OJM Star Afian Tiger Eqty 0.7» Star Asia Bond Star Aaa Balanced 046/ Star Global Technology F»«d 0.32V Scar Bhv Finance Japan Find!** 0.86/ MB CmM (Ma) Lid. Gewett
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  • Article, Illustration
    Lock icon Discover paradise
    684 7 A SPECIAL ADVERTISING FEATURE Freehold Project For Sale The jungle beckons. The plunge pool tempts. The senses, dulled by the grind of daily living, reawaken. Welcome to Adam Park Condominium. A prestigious freehold development tucked between Adam Road and Shelford Road. And with only 118 units, there is
    684 words
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  • Article, Illustration
    Lock icon FINANCE
    1162 8 Transaction date: Dec 5 PITBKBAMKOOSSKATBS O tw ft h Utafc** vm Wm M M2SH>«» N» —o «r W> ■*>■< B> tartrate 04B 4270 0577 1706 U29 4.020 24.693 ***** 0.639 6545 1959 1246 3U73 26.700 0.946 1500 0.851 17.762 ***** 0.362 05B CaMfe 1213 1275 170 4669 U92 4950
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      907 8 s"s GP Batteries International Limited (Incorporated in the Republic of Singapore) Announcement of Unaudited Results and Dividend for the Six Months ended 30 September 2001 The Board of Directors of GP Batteries International Limited is pleased to announce an extract of the unaudited results of the Group for the six
      907 words
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  • SINGAPORE news
    • Article
      Lock icon SocGen lays off 20 S'pore employees
      330 9  -  Byi Angela Tan SOCIETE Generale SA said yesterday that it has laid off 20 people, or 7 per cent of its employees in its Singapore bank. But France's third largest bank reiterated it has no plans to exit investment banking globally or in Asia.
      330 words
    • Article
      Lock icon S'pore seen trailing in wage rises
      345 9  -  on the economy wages By i Anna Teo PAY increments for Singapore employees this year and next lag well below the likely levels in most of the other East Asian economies, except Hong Kong. According to Towers Perrin's 2001 Worldwide Total Remuneration Report prepared
      345 words
    • Article
      Lock icon Vested interest dominate feedback to company revamp panel
      449 9  -  By Angela Tan THE Company Legislation and Regulatory Framework Committee (CLRFC) yesterday said while it has received positive feedback from businessmen on two of its plans to lower business costs, accountants and company secretaries warned of job losses. The CLRFC is one
      449 words
    • Article
      Lock icon S'pore mostly unscathed by Goner attack
      351 10  -  It has spread through US, Europe and some parts of Asia so far Byl Leo Kee Chye THE Goner worm attack which started late on Tuesday night has been spreading rapidly through corporate and home e-mail boxes, disabling anti-virus programs and clogging networks throughout
      351 words
    • Article
      Lock icon Is GE Life paying enough rent for office building?
      254 10  -  Chia Hui Ping, Singapore I REFER to the letters "China Sq dealings are at arms length: Straits Trdg" (Mailbag, Sept 12) by Norman Ip, and "Questions on China Sq deal" (Mailbag, Sept 19) and the announcement by Straits Trading made to
      254 words
    • Article
      Lock icon Many ways to cut the deck
      392 10  -  Chua Sock Koong (Ms) I REFER to your article "Sing Tel destroyed USs3ob in value: study" (BT, Dec 4), which was based on an article in the latest issue of The Economist. There are many ways to measure how companies have created value for
      392 words
    • Article
      Lock icon Market analysis gets confusing
      255 10  -  Narayana Narayana Singapore I REFER to your article "Missed the STI rebound? Why not look at small caps?" (BT Nov 24-25). Somewhere along the road to prudent investment, I read of one theory (or fact?) that says that last-lin-ers and speculative stocks usually take off first,
      255 words
  • Page 9 Advertisements
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      42 9 H nr^ein H Lianhe Zaobao B I Exclusive I I interview I I with I I Wenzhou mayor I I turning I I Wenzhou I I into a global I I distribution I I hub I I I I a«i+«i«a» I 11ai»gfli»»o
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      51 9 aLONGINES L'elegance du temps depuis 1832 Longines DolceVitaa Diamond Gold Collection j Sole Distributor Main Service Centre: THE SWATCH GROUP S E A. (S) PTE LTD 438 A Alexandra Road #05-03/04 Alexandra Technopark Singapore *****7 el: *****88 Fax: *****96 Ctty Service Centre: #01 -23 Plaza Singapura Tel: *****17 E-mail: Longines
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      62 10 INTRODUCING SPORT WATC H E S K r*~" > »|u V v-" s\^^*"l A Mi l r ,u >'~nt«^' *ggp; .~W Contemporary history in atimepiece. The Montblanc Meisterstuck Sports Collection created to complement the SPIRIT OF SPORTSMANSHIP. FEATURES A LUXURIOUS RANGE OF CHRONOGRAPH, AUTOMATIC AND OUARTZ WATCHES. MONT* BLANC Montblanc
      62 words
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      706 10 We welcome letters. E-mail us at btietterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify It came from you. Please use temperate language, and bear in mind
      706 words
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      142 10 mTBEMATTnOrTH ooMrwflßACtcHAfnm AW WTHtMATTHOf construction mociuß swrne AND TKCBNOLOQIS PHUT) (W MMDT VOLWIAITINMHV) NomariMALmvK NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act, Cap.SO that the Final Genera] Meeting of the members of the abovenamed Company will be held at 7500 A Beach Road #13-320 The
      142 words
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  • EXEC lifestyle
    • Article, Illustration
      Lock icon US pregnant women's joys
      482 11  -  Census shows new mothers seek to balance work and family life, writes llint pn c GENARO C ARMAS AP [WASHINGTON] American women are working later into pregnancy and returning sooner to the office after giving birth than they did years ago, a Census Bureau report suggests.
      AP; FILE PHOTO  -  482 words
  • Page 11 Advertisements
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      574 11 P. over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial, banking and professional administration services
      574 words
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      341 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 CSC ASIA PACIFIC PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 5-2 Ohsaki, 3-Chome, Shmagawa-ku, Tokyo 141, Japan on 30 November 2001, the following resolutions were duly passed: 1. SPECIAL RESOLUTION
      341 words
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      Lock icon Page 11 Advertisements Column 3
      65 11 HOME NEEDS m The Straits Times Classified. IcjSl Classifications 90-120. Buy h. Sel It. Find It You never m actually own a Patek Philippe. You merely Jjj^^Jv w»a«^^mV look after it for the next generation. vT x!T *|f c Wa£tstf3rturUL<Pu[iJb Complicated by Pl k Ph ppe 0*? X *1 *•><»*-»>►'•
      65 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      201 11 CKVPTIC CROSSWORD Direty apprehensive atxiut > dauqhter studvino (8) 24 Fellow Conservative pur- 7 fighting excessive YESTERDAY'S SOLUTION sues a recipient (8) demand (8) Across: 1 Fit as a fiddle, 8 Nor--25 What thospauki to annpr 8 Poe t composed sonnet ma, 9 Attendant, 11 Free lunch, must moderate an
      201 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Wall Street dictates the headlines
      752 12  -  m-i'.i bottom line OPINION robert samuelson The Washington Post Writers Group THE American economy has officially entered what promises to be the worst recession since the early 1980s and, conceivably, the worst since World War JL But you'd hardly know from the media, which has
      The Washington Post Writers Group  -  752 words
    • Article
      Lock icon IN OTHER WORDS
      92 12 The nuclear device is a weapon of mass destruction. Dirty bombs are weapons of mass disruption, in terms of frightening people, the cleanup and the potential economic consequences.' fTingfi Hecker nuclear scientist and former director of the Los Alamos National Laboratory, on the chances that Osama bin
      92 words
    • Article
      Lock icon Minority shareholders'rights
      661 12 EDITORIAL ARE minority shareholders correct in thinking that their rights are often not adequately looked after in takeovers and mergers, especially when companies are taken private? In some cases, shareholders allege that the takeover price is too low. At other times, it appears as if the law is
      661 words
    • Article, Illustration
      Lock icon China: growth engine – or collapsing giant?
      859 12  - China: growth engine or collapsing giant? Its WTO membership will throw np both threats and opportunities for Bering From] Frank Ching The writer is a Hong Kong-based journalist and commentator in Hong Kong "WITH its impending World Trade Organization (WTO) membership, China will be forced to open itself to foreign
      AFP  -  859 words
    • Article
      Lock icon Three lessons from Enron's collapse
      649 12  -  COMMENTARY A big one is beware when a CEO cites 'personal reasons' for quitting By: Michael Lewis The writer, whose books include 'Next: The Future Just Happened and 'Liar's Poker', is a columnist for Bloomberg News. The views expressed are his own. Bloomberg I'M not
      Bloomberg  -  649 words
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      505 12 I i KYOSHA HOLDINGS (SINGAPORE) LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of the Company will be held at 36 Robinson Road, #13-01 City House, Singapore *****7 on Friday, 21 December 2001 at 4.00 p.m. for
      505 words
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  • Page 13 Advertisements
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      64 13 I CONTROL AVAILABLE I FOR INJECTION OF REAL I ESTATE ASSETS (MIN AUD2SM) I PLEASE EMAIL EXPRESSIONS I OF INTEREST AND CONTACT I DETAILS TO: I JTC D 5 FACTORY FOR LEASE Location Gul Cresent Tenure 30 30 yrs wef Feb 1981 Built-in-Area Approx. 20.000/43,000 sq ft Land Approx. 91,500
      64 words
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      93 13 For Househunt, please go to http://buslness-tlmes.asM.com.Bg a Where would you go I J'/' J/ju/'i: I mm to the Phoenix Garden Cafe to enjoy the festive buffet. For reservations, call 731 8129 NOW! LUNCH HIGHTEA TUNCH DINNER $25.80+++(A) $1 s.Bo+++(C) I s.Bo+++ (A) I I.Bo+++ (C) $21.80+++ (A) I I.Bo+++ (C)
      93 words
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      89 13 PARAGON TOWER Office Suites For Lease ■HHi^PUT In Pt > .Il Standing tall and elegant Fbragon Tower is a prominent landmark strategically located in the heart of fashionable Orchard Road. It is effectively served by an excellent network of roads and public transportation. Its prime location is further enhanced by
      89 words
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      10 13 /^Jjjl tM' M 1 +1m t IffL 8 w wnßi
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Aquarius is East Coast top seller
      409 13  -  The condominium is also the cheapest with a $554 psf average price. ANDREA TAN reports ANDREA TAN FIRST Capital Corp's 99-year leasehold condominium Aquarius By The Park along Bedok Reservoir Road was the top seller in districts 15 and 16 for the 12 months
      AQUAJUUS  -  409 words
    • Article
      Lock icon Project launches
      347 13 3 condominiums at Furor Rd, TgK&tonfr Mt Sin&i coming np CAPITALAND will release its Farrer Road freehold condominium, The Levelz, at an average of $788 per square foot this weekend or a five per cent cut since August. Its earlier resolve not to chop prices of its residential
      347 words
    • Article, Illustration
      Lock icon Marco Polo looking at buying property in '03 upcycle
      484 13  -  For S'pore, CEO expects home prices to foil by murium of 10% over the next 18 mths By Kalpana Rashiwala MARCO Polo chief executive officer David Lawrence, who has in the past disappointed analysts for a lack of action at the
      484 words
    • Article
      Lock icon Victoria Peak home sold for record HK$230m
      188 13 [HONG KONG] Chinese tycoon Hui Wing-mau is buying a mansion on Victoria Peak for HKS23O million (5553.8 million) in one of Hong Kong's biggest property deals in recent years, the Hong Kong imail reported yesterday. Mr Hui's firm Dong Jian Tech.Com Holdings, through
      188 words
    • Article, Illustration
      Lock icon Mega office leasing deal
      463 14  -  ExxonMobil is poised to take up 160,000 sq ft of space at the office park next to WTC By I Kalpana Rashiwala OIL giant ExxonMobil is inking a lease for about 160,000 sq ft at one of the twin towers at the Harbour Front office park
      ARTHUR LEE  -  463 words
    • Article
      Lock icon Buy a KTV lounge
      557 14  -  bloci^^l By Andrea Tan THOSE with aspirations to run a KTV lounge in the Geylang conservation area or own a boutique hotel with a karaoke system in every room can look to DTZ Debenham Tie Leung's upcoming auction. The Chancellor Hotel, a boutique hotel in Joo
      557 words
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      132 14 H«^t,w^'-'<, W m^BK-t < 1 :j Si',*: j v. >-" mMß*g^ ISB jsSs 1 H »IK^^'. -1 a fl f M I v *B I I 1 P -a jiJ^^H r -i fa Rv -<» t. «M*a L f. M^MT p gk A*' ,r,: >.g ?*^gv' :-.:Vg The House of
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      544 14 Notices 'f FORTIS BANK S.A./N.V. FORTIS (INCORPORATED IN BELGIUM WITH LIMITED LIABILITY) Consolidated Balance Sheet Consolidated Profit and Loss Account As at 31 December 2000 For the year 2000 In EUR mfton In eur mrfbon 2000 1999 2000 1999 Aasets Revenues Cash 5,342.1 3,206.9 Interest income 11 23,900.9 18,588.9 Trading
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  • REGIONAL news
    • Article
      Lock icon Malaysia Airports to sell F1 circuit to Petronas
      420 15  -  Convention centre also on sale; moves said to be related to tie-np with Schiphol From Eddie Toh in Kuala Lumpur IN a surprise move, Malaysia Airports Holdings Berhad (MAHB) has begun talks to sell its Sepang Formula One circuit to national oil
      420 words
    • NOTE Book
      • Article
        Lock icon Time Engg misses bond payments
        69 15 Dow Jones Newswires [KUALA LUMPUR] Malaysia's Time Engineering Bhd confirmed it has missed a third payment on its US$25O million bonds due yesterday. It was supposed to pay its bondholders US$B4.B million, around US$4.l million in interest payments and the missed payment that was due
        Dow Jones Newswires  -  69 words
      • Article
        Lock icon KL to sorutinise state unit trusts
        62 15 Bernama [KUALA LUMPUR] The Finance Ministry will study the management of unit trusts run by the states which are said to have caused losses to investors, the Dewan Rakyat was toki yesterday. Deputy Finance Minister Shafie Mohamed Salleh said managements erf state unit trusts
        Bernama  -  62 words
      • Article
        Lock icon North-Sooth highway toll up
        47 15 Reuters [KUALA LUMPUR] The toll rate for Malaysia's North-South Expressway will be raised by 10 per cent from Jan 1, Works Minister Samy Vellu said yesterday. The new rate for the 878 km expressway will be 12.36 sen per km, he said —Reuters
        Reuters  -  47 words
      • Article
        Lock icon Amman Yahya joins MAS board
        43 15 Bloomberg [KUALA LUMPUR] Malaysian Airline System named Azman Yahya, chairman of the debt mediator and asset management company, to its board. The move comes as the carrier trimmed capacity by 15 per cent by scrapping some flights. —Bloomberg
        Bloomberg  -  43 words
    • Article
      Lock icon HK's fiscal deficit may hit HK$60b
      245 15  -  From, Audrey Tan in Hong Kong FINANCIAL Secretary Antony Leung yesterday said that this year's fiscal deficit may hit HK$6O billion (Ssl4 billion) and wants the public to think about how the government could cut its expenditure. Speaking to journalists yesterday, Mr Leung noted
      245 words
    • Article, Illustration
      Lock icon Delisting of loss-making China firms now easier
      546 16 CHDf A CRACKDOWN New roles issued to dean up wildly speculative securities markets Reuters [SHANGHAI] China's stock market regulator yesterday issued new rules which would make it easier to delist badly performing companies in its latest bid to clean up wildly speculative markets.
      Reuters; AFP  -  546 words
    • Article
      Lock icon Badly-run finance firms targeted
      310 16 BEIJING New roles to dean op sector to meet WTO challenges Reuters CHINA has issued rules on closing poorly-managed financial Arms, including banks, in a bid to clean up the sector to prepare for looming post-WTO challenges, state media said yesterday. The rules, issued by the
      Reuters  -  310 words
    • Article
      Lock icon CyberWorks lays off 506 workers, imposes wage freeze
      273 16  -  From Audrey Tan in Hong Kong PACIFIC Century CyberWorks yesterday laid off 506 employees. It has also imposed a wage freeze and plans no new recruitment for next year. In a letter sent to all 14,000 staff yesterday, chairman Richard Li said
      273 words
    • ASIA Notes
      • Article, Illustration
        Lock icon Rocket grazes Bangkok supermarket
        88 16 AFP [BANGKOK] An anti-tank rocket grazed a Tesco superstore in what is believed to be the fourth attack in a terror campaign against Thai outlets of the British supermarket chain, officials said yesterday. The rocket narrowly clipped the roof of the Tesco Lotus store before hitting
        AFP; AP  -  88 words
      • Article
        Lock icon Jakarta gets US$400m ADB loan
        64 16 AFP [MANILA] Indonesia will get a US$4OO million loan from the Asian Development Bank (ADB) to help it reform and return its state-owned corporations to private hands. The programme loan would help Jakarta improve resource allocation in the public sector and increase the profitability of
        AFP  -  64 words
      • Article
        Lock icon Indon plan to sell cement maker stalls
        111 16 Reuters [GRESIK, Indonesia] Indonesia's plan to sell the country's largest cement maker PT Semen Gresik faced a new obstacle yesterday as the local government and officials at its main unit called for a halt to the deaL Jakarta decided on Friday to sell
        Reuters  -  111 words
      • Article
        Lock icon Indon ex-finance minister dies
        23 16 AFP [JAKARTA) Prijadi Praptopsuhanfyo, 62, who was finance minister under ex-president Abdurrahman Wahid, died in a private hospital yesterday.—AFP
        AFP  -  23 words
      • Article
        Lock icon Jakarta cuts fuel prices for industry
        85 16 Bloomberg [JAKARTA] Pertamina, Indonesia's state-owned oil and gas company, sakl it cut prices paid by industrial users for premium gasoline, kerosene and other toels by an average of 6.4 per cent Jn December as world oil prices fell. It reduced prices of premium gasoline
        Bloomberg  -  85 words
      • Article
        Lock icon Ibra sells Indomobil stake
        56 16 Bloomberg [JAKARTA] Indonesia sold its stake in PT Indomobil Sukses International, a carmaker and distributor formerly owned by the Salfcn Group, raising 625 billion rupiah (SIIIO million) for the government The Indonesian Bank Restructuring Agency sold its entire 73 percent stake in Indomobil and 659 billion
        Bloomberg  -  56 words
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      Lock icon Page 15 Advertisements Column 1
      411 15 WFa The Lange Datograph. The contents: A cornucopia of mechanical highlights. Reduction of mechanical Chronograph switching friction with Minute-counter switching lever lever with stable shaft 40 jewels mounted in double iewel bearings. in opposed bearings. Movement precision-regulated Bearing jewels in m frve positions screwed gold chatons. A. Plates and bridges
      411 words
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  • Article
    Lock icon COMMODITIES
    1685 16 gCOMrOTOEHi Decs RIMER (Mm dosta* «s SJOpa) RSS1 CONTRACTS c«tfVkQ) dot* VotaM Open MmMi M|Ii Lot S«tt (tonms) Interest Jan02 68.25 Fafc 02 8825 Mar02 9025 Apr/Jan 02 9150 KS 3 CONTRACT (US ctobAq) VotonM OpM Ma*t> Mfh Lot Sett (twii) Interest Jan 02 4725 2050 Fafc02 47.75 2850
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      260 17 PICNIC QusUty Sp*c* for QusUty Tim* The All-New Toyota Picnic. Bigger. Bolder. _^^^PSHBM^^V^^^^MMHB(SIHSH!!!HI!SSIBI^^^MP i| (M > j|T C --T'liMiiir J m ,rg y Wr Because when it comes to your family, quality time needs quality space. While you've worked hard to get where you ere, your family's been a silent
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  • Article
    Lock icon KLSE
    2580 18 Transaction date: Dec 5 KUALA LUMPUR vol COOP) AIM Realty ....0.91 004 70 Abnc 2.03 unch 1658 ACPInduMries 2M inch 40 Advance Synergy 064 -0 01 322 Attin Holdings .023 -0.01 113 Ahmad Zafci Res 3.94 unch 19 AlCCorp 4.34 0 22 430 AikbeeRes J 15 unch 319 AKN
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    Lock icon SGX
    812 18 Transaction date: Dec 5 Qtm a—1| Mrti— m Qaa» q—i CMC 030 2 840 ♦0050 NatSa* 50c 0.17 0.860 *0.015 CaprtaUnd 151 17*0 0 090 OCBC 9 37 11.400 *0100 Chart SwraCond 26c 1 Jt 4 boo *0 460 Out 0 49 6.300 *0.200 OtyDavSOc 219 5 590 -0200
    812 words
  • Article
    Lock icon BONDS & WARRANTS
    652 18 BONDS WARRANTS Latt VoiCaav Eur ■sI if rwwum Ma %6aert— Left AST1WD***** 21S 35 151 1 16 -1 177 30 Acmj Ltd W*****6 J.5 uncti 1*6 1 SO 463 Z71 35 Amtefc W*****0 Hi 3.5 341 1 33 10 141 42 Armstrong W*****0 A -1.5 40 1 10 56 2.25
    652 words
  • Article
    Lock icon STOCKS ASIA
    5218 18 i Transaction date: Dec 5 for more, go to wwwxmcumenrnarketsjcorn HONG KONG no w- tm ActossAsu Multimedia —.0.50 unch 0 Alpha General. 0 04 inh 3700 AmoyProp A35 0.25 5123 AnandaWngOn 0.06 unch *****0 Angara New Steel H 1.01 unch 8006 Anhui Conch H 1.75 -0.01 574 Anhui
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  • WORLD news
    • Article
      Lock icon Samsung, Hynix raise chip prices 10-20%
      499 19 SEOUL HikA may Rignal rebound but chip market still expected to shrink Bloomberg, Lat-WP SAMSUNG Electronics and Hynix Semiconductor have raised their memory-chip prices for the first time in more than a year, reflecting a possible rebound in demand from personal-com-puter makers. Samsung Electronics,
      Bloomberg,; Lat-WP  -  499 words
    • Article
      Lock icon Oil prices jump 5% on Russian pledge to cut exports
      330 19 Opec expected to make its own cut next month LONDON Bloomberg CRUDE oil rose 5 per cent to its highest price in three weeks after Russian oil producers said they will cut exports to help Opec boost prices as economies
      Bloomberg  -  330 words
    • WORLD Watch
      • Article
        Lock icon Ericsson chief receives death threat
        76 19 AFP [STOCKHOLM] Ericsson chief executive Kurt Hellstroem has received an anonymous death threat in the mail which police are taking seriously. Detective superintendent Christer Sjoeblom gave no details about the threat but Swedish daily Aftonbladet said Mr Hellstroem had received an envelope containing a nine-millimetre
        AFP  -  76 words
      • Article
        Lock icon US economy to recover by April
        77 19 Bloomberg [LOS ANGELES] The US economy will start to grow in April 2002 after shrinking for nine months, as business investment in software and equipment rebounds, a report said. US GDP will increase 2.5 per cent in the second quarter of next year after
        Bloomberg  -  77 words
      • Article
        Lock icon Australia's central bank cuts rates
        58 19 AFP, Bloomberg [SYDNEY] Australia's central bank cut official interest rates by 25 basis points to 4.25 per cent yesterday in a bid to bolster the economy amid continuing international downturn. The sixth cut by the Reserve Bank of Australia this year gave the country its
        AFP,; Bloomberg  -  58 words
      • Article
        Lock icon AT&T drops offer to buy At Home
        35 19 Bloomberg [NEW YORK] AT&T Corp dropped its US$3O7 million offer to buy At Home Corp after the bankrupt provider of high-speed Internet service disconnected its customers on Saturday.—Bloomberg
        Bloomberg  -  35 words
      • Article
        Lock icon AOL chief to step down
        80 19 AP [NEW YORK] AOL Time Warner Inc chief executive Jerry Levin is stepping down as head of the world's largest media company and will be replaced by co-chief operating officer Richard Parsons. Steve Case will remain as chairman, while the company's other co-COO, Robert Pittman,
        AP  -  80 words
    • Article, Illustration
      Lock icon BMW chief Milberg steps down
      343 19 FRANKFURT NYT JOACHIM Milberg, chief executive of BMW AG, surprised his own company on Tuesday by announcing plans to retire in May, almost one year ahead of schedule. Executives at BMW, based in Munich, said Mr Milberg had made his decision entirely for personal reasons.
      NYT  -  343 words
    • Article
      Lock icon Japan retains Budget spending cap
      240 19 AP, Reuters [TOKYO] Japan's Cabinet approved guidelines for next year's Budget that include keeping a hotly debated spending cap championed by Prime Minister Junichiro Koizumi as one of his key economic reforms. The cap has become a point of contention between the popular prime minister
      AP,; Reuters  -  240 words
    • Article
      Lock icon US corporate accounting out of control?
      665 20 NEW YORK New wave of criticism as Enron's collapse adds to string of accounting-linked crises NYT TOO many publicly traded companies are manipulating their financial results, and auditors, Wall Street, and the Securities and Exchange Commission (SEC) are not doing enough to stop them.
      NYT  -  665 words
    • Article
      Lock icon HSBC loses appeal against order to extend rate cuts to all clients
      260 20 Bloomberg [LONDON] HSBC Holdings Pic's UK division lost an appeal against a decision by a UK complaints adjudicator, which ruled that the bank must apply the same rules on interest rate cuts to existing borrowers as it does
      Bloomberg  -  260 words
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  • Article
    Lock icon SGX MAINBOARD
    6509 20 MWil iil"\iMWW ill H WMTMWHMN i WiHW'" I I Transaction date: Dec 5 for live prices, logon to wwu 'xisiaonemarketsjcom S2-Wk Last Vol Day LartQvete GrOv Dtv GrTW MM MCap WMvg W* Lew Ci«nn Sale +7- r«0») low Buyer Mkr Cw W1 %m* Price 9 6 ABHAnvoNLG 56c
    6,509 words
  • Article
    Lock icon SGX XTRANET
    63 20 iff JW o* IM«M G«tt» M* GrVM Mat MCap Mk| c»i"i m w- rwi u» tmm s+* cw wt i3 mS 11JI0 S210 s Diamonds US9830cd M9C 3830 i IS DJ US Tech US5520cd *250 0 5520 5510 5520 555 *40 s IS MSO Spore U5450a) 1MJ0 »70
    63 words
  • Article
    Lock icon SGX SESDAQ
    1574 20 J** if* J2L 6r«. Ohr OTM MM MCa WUte« K» Cnwpi Ut» *h r*MI I—i law —rm Safcr Cm HI $3 Price JO 12 c ABR Hldgs 5c 16 *1 681 16 15 155 16 5 1* 14 47 30 9 15 403 12 C APOlISc 20 »U
    1,574 words
  • Article
    Lock icon CLOB INTERNATIONAL
    401 20 S3-m IM Vai Day LaMQaM* GfOlv M* firVM Nat tCm Mtftl L—I C—y LSaU ♦<- HI I— Oayar W» On W iJl 110 60 AVJamngi A25cA 81 5«d 79 40 34 12.3 4.7 *75.4 Cathay Pac 20c HK 720 265 2.1 7.4 6 ***** 2 Cheung Kong50c MK
    401 words
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  • Christmas 2001
    • Article, Illustration
      Lock icon Let it glow
      790 21  -  Gold, silver and a lot of cjl<iss make for <i contemporary Christmas look at home but the more traditional colours are not forgotten. cheah Ul-HOON gathers some tips CHEAH Ul-HOON DECORATING the home for Christmas used to be as easy as singing Deck the Halls with Boughs
      CHRIS LOH; ARTHUR LEE  -  790 words
    • Article, Illustration
      Lock icon Feed your imagination
      1311 22  -  A little creativity and some thoughtful presentation are all it takes to come up with homemade food gifts, sylvia tam shows the way SYLVIA TAN A TRUE gift is probably something made lovingly with your own hands, which makes food a good present this season. Before you
      1,311 words
    • Article, Illustration
      Lock icon Tech mates
      944 23  -  With such tempting gizmos, you may have to raid your kid's piggy bank to satisfy your technolust, taw hwee hwee reckons TAN HWEE HWEE EXPENSIVE high-tech gadgets used to only be for nerdy 'early adopter' types, but nowadays, the latest high-end machines are cool enough to attract the
      944 words
    • Article, Illustration
      Lock icon The gift of time
      1448 24  -  CHUANG PECK MING A timepiece makes a classic present. chuang peck MiMC highlights a selection here that won't break the bank IF you want to make a lasting impression on friends and family, there's no better way than to present a timepiece as a Christmas gift.
      1,448 words
    • Article, Illustration
      Lock icon Take away a feast
      681 26  -  Don't feel like cooking this Christmas? Fret not, for there are enough scrumptious offerings at hotels to satisfy your guests. corimme kerk offers ideas CORINNE KERK SO, you've decided to celebrate Christmas at home. You've got the Christmas tree, bought the party paraphernalia and even dusted
      681 words
  • Page 21 Advertisements
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      23 22 Waterford I %<dg^&\oiL RflHjjfljifl WEDGWOOD AMad ENGLAND 175* V MBBMIHE stuart' Clout w>jtßKE^^BS? fL Waterford Wedgwood Boutique 402 Orchard Road #01-01 Delfi Orchard
      23 words
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      Lock icon Page 22 Advertisements Column 2
      101 22 •CITIZEN X a pwuU b| aatfctaf mmt tfcaa imt M| f>c^ r »s t^ffff Say 'goodbye' to battery replacements. Mternative energy timepieces by Citizen. mammm *"2SsKsBe2sSßfBSfi^^^^ v A' i»eWe*-iieel cash*. *alB ■art tta jast frrt) fact, tte U«tt-pav«etf •ccw#tf that far if t« 5 *ears, twi If IN kftf //n
      101 words
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      47 23 IF BMpppp^^k l :>„.. I ;|v-y i >>f < s ??m imbil You never #^l^ (iff s*%&\ aj^TKL actually own a Patek Philippe. fe/?£} ?W gangs look after it for the next generation. A c ,u„d.r by Patek Philippe Geneva Master Time, Tel: (65) 732 1506. Www gmtsmgapore com
      47 words
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      Lock icon Page 24 Advertisements Column 1
      105 24 As a Dutch cooperative, Rabobank does not have shareholders, but rather stakeholders, who are its members in Holland, its clients, and its staff. With roots firmly planted in the Dutch rural areas of the late 19th century, Rabobank has always been a trustworthy* and sustainable partner. Rabobank wishes all its
      105 words
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      Lock icon Page 24 Advertisements Column 2
      64 24 mm An Italian Gift to Your Senses w^KS^ssk Opening Days I 24th Dec Lundi Dinner V/ 25th Dec Dinner 31st Dec Lunch New Year's Ist Jan Dinner (SSw I Now open on Sunday evenings Li Valet Parting avaAable on Thursday, j Lj p-j-i kmnmr IMMM /f/ rfKWy m oiUMQiy MwlQl
      64 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      136 25 Share your Joy on Christmas with a prestigious gift from JOBIN Studio Line. Swiss-made Music Box of precision craftmanship ever-lasting values. JOBIN MUSIC ft JOBIN STUDIO UNE "jjMy N0.23 Ann Siang Road, ,-A^ mlh Open from 11 am to spm (Monday Friday) /v www.studioline.com.sg M Hotline: 1800 800 2337 (local
      136 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      225 27 Where to wine, dine and entertain...^® fiKSSr ?^S^L C Mi *****45 A Mfbtfy Steaay Affair Skhoaa Steaaboat Have a craving for the hot stuff? Dine on our sumptuous steamboat alfresco style with a choice of either Sichuan, Chicken or Tom Yam stock. Stock charge Is priced at $10 while all
      225 words
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      Lock icon Page 27 Advertisements Column 2
      71 27 1 ~mr* Enjoy the romonce of dinina under stars every Friday, Saturday Sunday, when Mori no Bistro transforms into Fishermen's Wharf Indulge in your choice of seafood grilled to perfection A selection of pastas and more, with free flow of refreshing Calamansi juice, to complete the meal Only $25 00
      71 words
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      Lock icon Page 27 Advertisements Column 3
      70 27 WmWf v ijagi CHICKEN RICE IN THE GLITZ! Chatterbox Chicken Rice's always the talk of town... Come, savour Singapore s favourite dish and other delights anytime. Enquiries: *****91 C effect ease |H| WW X ma hTTT 333 Orchard Road. Singapore *****7. rrr TH: 737 4411 Fax: 831 6290 Advertise in
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      Lock icon Page 27 Advertisements Column 4
      464 27 I tichnopmneurwograml INCW iiUrLmUS The program s designed to prepare and qualify indMduais to succeed and excel in the B CM. n Infocomm Age. In any choeen career Irrelevant analytical sfcfls and inlbcommsavvinees Cmood. lauln SucrraD. are toys to setf-suftoency and empowerment tor professional executrves B 1. BrMglng Program Overview
      464 words
  • BizIT
    • Article
      Lock icon Matrix to introduce new stacked chips next year
      482 27 Company's first product will address demand for inexpensive, digital 'film'for cameras Reuters [NEW YORK] Matrix Semiconductor founded by former employees of memory company Rambus Inc and backed by such big names as Eastman Kodak Co and Sony Corp said on Tuesday that
      Reuters  -  482 words
    • Article, Illustration
      Lock icon Software companies urged to do more to protect customers
      472 27 Placing anti-viral patches on websites not enough, says Bush's computer security adviser AR Reuters [WASHINGTON] US President George W Bush's computer security adviser asked technology firms on Tuesday to give customers free security software and to help keep personal computers updated
      AR; Reuters; AFP  -  472 words
    • Article
      Lock icon Internet a huge cost-saver for US firms: study
      218 27 AFP [WASHINGTON] US businesses have saved a total of US$l55 billion over the past three years by using the efficiencies of the Internet, and will reap even more savings in the coming years, according to a study released on Tuesday. The companies
      AFP  -  218 words
    • Article, Illustration
      Lock icon Creating a lab for the fusion of ideas
      691 28  -  I comment Bun fcaftw bnfldfalfll *T tvwl *J A tlftT tl y* i*ww.priHni*ton kenneth james The writer is BT's Technology Editor Business lunches are less fancy affairs these days, understandably. Anyway, there were just two of us, and all we wanted was
      691 words
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      Lock icon ACM changes brand name, expects record Q4 for 2001
      558 28  -  The new firm, Benq, will operate independently from Acer By Raju Chellam ACER Communications and Multimedia (ACM), one of Taiwan's leading IT firms, yesterday changed its name to Benq which stands for "Bringing Enjoyment 'N Quality to life"—and said it will
      558 words
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      Lock icon Page 28 Advertisements Column 1
      399 28 D SWIXOn lO 3 UptoSs9|ljp|whenyou trade In a system from any other brand tor a more ratable, robust and secure Subsystem, ft attacks by the Code Red and Nlmde worms have shut doum companies tor days, causing mßloos, Server Appliances from S$ 1,940 in billions, of dollars in damages. Precisely
      399 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Freight industries urged to develop contingency plans
      494 29  -  Sept 11 attacks have exposed weaknesses of jnst-in-time delivery: BO Yeo Reports by Beth Jinks [SINGAPORE] Singapore's freight transport industries must develop military precision and contingency planning in the wake of devastating world events, Minister for Trade and Industry George Yeo said yesterday.
      494 words
    • Article
      Lock icon FREIGHT MARKET
      139 29 Reuters THE Baltic Dry Index (BDI) rose one point to 869, the Baltic Panamax Index (BPI) gained one point to 869, the Baltic Handymax Index (BHD firmed 26 points to 6,831 and the Baltic Capesize Index (BCI) was down two points to 977. TMHH illl'lWl ♦Channel Poterne (built
      Reuters  -  139 words
    • Article
      Lock icon MARITIME STOCKS
      249 29 hi M» *i- m CWT Distribution—0.52 0.01 20 ChuwiHup 0.38 -0.01 3829 Cotco InvMinwnt _0-24 undt »645 rrataMLtaks 0.06 0.01 30 OSMMdngs 0.31 003 40 IMC HoWlngs-HK 5.60 undi 0 Jay* Hotfngs 0.16 uneh 576 KappatCarp 245 0.07 7*73 KappdFCLS 134 unch 0 Kappa>Marin« 0.22 0.01 3073 KaMtfTaia
      249 words
    • Article
      Lock icon Evergreen to end round-the-world service in Feb
      265 29  -  Tumultuous times' force liner operator to go for pendnlom services By] Donald Urquhart [SINGAPORE] "Tumultuous times" have led Taiwanese liner operator Evergreen Marine Corporation to end its legendary 17-year-old round-the-world (RTW) service early next year. Starting mid-February, 2002, Evergreen will introduce two pendulum
      265 words
    • Article, Illustration
      Lock icon Asia biggest growth region for logistics, courier
      330 29 [SINGAPORE] Asia is by far the biggest logistics and courier growth region, with China leading the way, DHL Worldwide Express chairman and chief executive Uwe Doerken told Shipping Times. Mr Doerken said he expected DHL's annual market growth in China to be around
      330 words
    • Article
      Lock icon Sydney port's box volume dips 2.5%
      229 29  - Sydney por t's box volume dips 2.5% By Beth Jinks [SINGAPORE] Exports shipped through Sydney are booming but imports have dropped, causing a 2.5 per cent fall in container throughput during the last financial year. The total containers handled by Sydney Ports Corporation dropped from 1.016 million TEUs to 991,000
      229 words
    • DANZAS aei
      • Article, Illustration
        Lock icon No 2 in ocean freight
        954 30 At the time of the merger of Danzas Intercontinental and AEI, Danzas was ranked sth worldwide in the field of ocean freight Only 18 short months later, Danzas has jumped to no 2 in terms of volume handled STACKED on the quayside a container looks
        FILE PHOTO  -  954 words
      • Article
        Lock icon SHIPPING SCHEDULES INDEX
        147 30 PACE Appwship S BSA 6 8 tang Mas 6 CMACGM 3 COSCO 3 i Central Ex 6 CMmSOM S i Cougar 6 i CVT GlobtUnk 6 Mmas 4 DpkUoyd 6 Doognama 3 eci 4 Evergreen 6 FomgSun 5 F*ai 4 Fuptrans 4 Gmartran 4 Kangli 6 Hyundai
        147 words
    • Article
      Lock icon SHIPPING GUIDE
      6192 35 THEBUSINESSTIMES THURSDAY, DECEMBER 6, 2001 EXPORT Page 7 ETA ETA Advertiser Vtsu* Voyage Telephone SIN D«st'n Nam« Nurnbcr To ABIDJAN (ABJ) 2003 Cot* D'lvoir* 13/12 13/01 0*1 mis HYUNDAI FEDERAL 334W 65-*****44 13/12 17/01 CMACGM VILLE DE AQUARIUS BOW 65 *****00 16/12 25/01 China Shpq NORASIA HONGKONG 406W
      6,192 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        787 36 Vtssai Voy No Barth Arrival Departure Colombia 1 *002 05/12/1:40 05/12/0:8 Grind Slam 22A 310 05/12/7.30 06/12/7 00 M U Struma ***** J01 05/12/8:20 05/12/18.00 Bintan Mufyi *****1 J02 05/12/5JO 05/12/2300 Fassa *520 317 05/12/7:15 06/12/800 Bt M Putra ***** J01 05/12/800 05/12/15.00 Winstar 1 156 SOI J03
        787 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1940 36 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO i i Booklng/BoUnco Rstls Ship Voy No Etb/Btr Period From To From «n 7/10*0 N 04/1500 04/Wt A*-00 U 04/1700 OVOtM 04/0900 n 04/TT00 ovotM os/otoo 05/0700 OS/TIM OS/MOO 4 05/1200 05/MM 05/1700 Ad SRAM 4MN2 WtOO 04/000 04/HM A»r-00
        1,940 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        512 36 totaa Wot 29 Density Water tnMw AshAlwnlnlmii l»<—11 %M/M toan M/ITI MB M/M M/M mt gw ISO/Cimac limrts $pet £25 991 1.0 15.0 0.10 80 0.10 lm C35 991 to 18.0 0.15 80 0.10 Northern Europe 180 Ave 9813 0.1 12.1 0.04 26 0.02 180 Mil
        512 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        133 36 December I Finland: Independence Day December 8 Argentina: Immaculate Conception Italy: Immaculate Conception December 16 Brunei: Hari Raya Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Deoember 17 Malaysia: Hari Raya Puasa December 23 Japan: Emperor's Birthday Deoember 25 US Kingdom: Christmas Day United States: Christmas Day
        133 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        823 36 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        823 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Europe needs single sky for airline mergers
        497 37 States should give up bilateral aviation pacts with US: EC official Reuters [BRUSSELS] Airlines could get the go-ahead to merge in Europe, European Competition Commissioner Mario Monti suggested but made clear he wants EU states to first give up bilateral aviation deals with
        Reuters; AFP FILE PHOTO  -  497 words
      • Article, Illustration
        Lock icon US air passenger loads inch up amid signs of recovery
        550 37 Analysts encouraged by improving ontlook Reuters [NEW YORK] Major US airlines reported that weak passenger loads and traffic have started to inch up as the industry continues a steady ascent from the drop in air travel after September's suicide attacks.
        Reuters; REUTERS  -  550 words
      • Article
        Lock icon UPS cuts part of rates tied to fuel costs
        328 37 Bloomberg [ATLANTA] United Parcel Service Inc (UPS), the largest delivery company, will reduce the part of its package shipping rates linked to fuel costs and base those charges on an index to reflect price changes faster. UPS follows rival FedEx Corp
        Bloomberg  -  328 words
      • Article
        Lock icon SIA picks Queensland for flight training centre
        202 37 [SINGAPORE] Singapore Airlines (SIA) has chosen the Queensland coast to locate its Advanced Flight Training Operations through the Singapore Flying College (SFC). The college, which is a wholly-owned subsidiary of the national airline, currently operates flight training facilities in Singapore and in Jandakot
        202 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1758 37 cm ww ra hjbit o» MMM IA7301 mo M73K 2050 w w firti sob otss tun* ooo IU37 645 BJM 2300 mm am rnmm aw obi «w am MM U42M 2020 N2420S 20« mm 2oao mm» mm immm im2i noc sow ons SOW M2S 6422 BOO
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    • LOGISTICS page
      • Article, Illustration
        Lock icon Deutsche Post seeks synergy between its major brands
        643 38  -  The German conglomerate is looking for future growth in the integration of its worldwide express business under DHL and its logistics and freight forwarding division under Danzas, reports doxald urquhart DONALD URQUHART [SINGAPORE] WITH the acquisition front largely quiet at least for
        643 words
      • Article
        Lock icon China aims for faster customs clearance
        413 38  -  Having gained WTO membership, China will overhaul its customs laws, improve tariff system and standardise administrative management By 1 P T Bangsberg CHINA is striving to improve its customs operations in line with its accession to the World Trade Organisation, says Mou Xinsheng, director-general
        413 words
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      47 29 Danzas seeking synergy with DHL impw Europe needs single sky for airline mergers Pf9 Danzas: No 2 in ocean freight Pg2 US air passenger loads inch up amid signs of recoveiy i ,j I Land Bank V\ /y Ample space for distribution and warehousing industries. '^,^r L
      47 words
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      591 30 4 »«view npr««n»«d by ol *»R«9i*y of Mwnberc of r-ln jlfff Aocr»da»d Shipping Aqrh, S n a f w Ujgirtio Singapore Skipping AnoocJion Aiiooahon 0 Ivbsb vor leu Feu flu P.KLANG SPOKE MAII PrincoM Lity VO9Ol 18/12 19/12 26/12 Empross lily VOlO2 04/01 05/01 12/01 Princou Lily VOlO2 22/01 23/01
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      1068 31 TO USA (SAX SWYKE) vtssa vot smro lax oak dai hou on cot waT" aji myc Afl ENGUND 1001 12/12 27/12 01/01 01/01 01/01 01/01 02/01 01/ CI 01/0) 03/01 ATI CANADA 1011 If/" 03/01 00/01 00/01 00/01 00/01 09/01 00/01 10/01 10/01 Aft SCOTIAND 1051 24/12 10/01 15/01 15/01
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      Lock icon Page 31 Advertisements Column 2
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      1113 32 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. |wi wT TT sou iwi wi am mm mv [wi I vot 1 son 1 m MTBSoowrr msw m/u m/u 19/12 a/12 n/11 noinaas sm 11/11 17/11 11/11 11/11 m/u APIASAN IMW M/ 12 M/U 19/12 a/12 27/1] MIOOON. lIS 12/11 17/1114/11 IS/11 M/U
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      Lock icon Page 32 Advertisements Column 2
      739 32 TOKYO FELIXSTOWE MV "NYK ANDROMEDA" V.***** MV "HANJM BREMEN" V.058 ETA SIN: 11-12-2001 ETA SIN: 10-12-2001 APELAIDE/FREMANTLE ASHPOP MV "OOCL ENVOY" V.103 MV "ZIM VENEZIA II" V4W ETA SIN: 10-12-2001 ETA SIN: 09-12-2001 iSOJI PENAHO MV "WAN HAI 163" VJMOSI MV "UNI ORDER" V.0785 BS-127 ETA SIN: 10-12-2001 ETA SIN:
      739 words
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      Lock icon Page 32 Advertisements Column 3
      530 32 WffldY EXPRESS SAILING SCHEDULE WE3TIOUNO TO: COLOMK) A NHAVA SHEVA (CFB MUUMD, MUMMI) AUO ACCEPTM TO AiX MORTMEM AMO WEKTBM CD POMTS mm wot mai |uwv*|oaaao| an Ichoi VMM (MM fm c?s MH iiK tiH mmb aaa mnio m MtfUM E9IBS MM 17 IK »K IK HMD KOMI ■BiwnniM in
      530 words
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      2919 33 IVtSStI VOY KHH HKO SIN PKI I DX» I »AI I DMM BM IRAN HORMOZGAN PCL-236 02/12 03/12 0»/12 09/12 16/12 17/12 19/12 21/12 WAN TEHRAN PCL-237 09/12 10/12 13/12 16/12 23/12 24/12 26/12 23/12 MV UNDAVtA PCL-238 16/12 17/12 22/12 23/12 30/12 31/12 02/02 04/02 IRAN KERMAN PCL-239 23/12
      2,919 words
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      1296 34 mmHtfmMMiaurnm»*amcamwMm*a *X*qkt VBSa VDtMZ UP CM M DM H «V MM JB> MB SMBGMWH 177* ff/12 IH7 JIH7 W? UN PHOOO 003WDS* HH7 7M? 72/12 3117 WTONB OMMO7W 11/1J 13/1171/1? HAT. OMCK 177* 14/1? 2VI? Z7/1? 31/1? ORCDBKA 045* 17/1? 77/1? 71/1?31/1? UNI PKNITY OW7-009* IV1? 22/1? *12 7VI? Also
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      Lock icon Page 34 Advertisements Column 2
      834 34 vOOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERKA 'CAR RORO HEAYYUFT SERVICE" [Vtssa VOY lAMP HOGWTI SW I I»C| MAO I MIA I SAV I lAL I ORF NYC |NW I MOO TOURCOMG AH 124 400T«B 6.3* 11/12 11/01 22/01 24/01 24/01 27/01 21/01 02/02 04/02 nnou AH2OI 400T«» 6.3
      834 words
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      Lock icon Page 34 Advertisements Column 3
      574 34 BSA -L MYANMA FIVE STAR UNE (MytHMr Notioool Lfco) 11 Loodiog for Yoo9oa vtssa vot sm m iw rev NPA-AN 7WW SB MONC LA 4IW 510 MALAYSIA AGOTS: OOUSTEAD SMPfMC AGOKXS KUL TE 03-*****300 KL TH 03-*****101 KM: TH 04-I*l MM PGU: TH 07-*****11/4 Ml BANK LINE (A urvki of
      574 words
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      26 36 l=j=l=J=u If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call CJLT.S. at 1800-737-1166. Another Classified Service
      26 words
  • Page 36 Miscellaneous
    • Miscellaneous
      Lock icon Page 36 Miscellaneous Column 1
      127 36 in m FOR 7AM 6 DEC 2001 LEQEND iMuod by Meteorological Sorvlco^k^j^re K Thunderstorm Shows Rain Temperature Wind direction and speed in Knots Cloudy Day Weath<K Cx 3 Hazy Wind spevd symbols Sea Conditions O Full orcle w/o line indicates calm or light and variable winds ®''9 ht <1 2m
      127 words
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      85 37 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated. Shipping Times now features a full page on logistics on Thursday every fortnight with news of current
      85 words
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      32 38 No 2 in ocean freight, Page 2 DHL's inventory I \JQL'vljß/J&V' /fl^HHmr^ m P V mIT 1 JIvIA 4flLiw*'sc f* fiu~ ■P jA Cr dßflEßErffl- r m W iff «?W%* worldwide express*
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