The Business Times, 14 December 2001

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Microfilm: NL23311
Total Pages: 44
1 44 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http://business-times.asial com.sg/ SINGAPORE FRIDAY. DECEMBER 14, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    74 1 □sn L5M.73 (-24.86) mM HUT (-8.68) 9T ntDEZ FUTTJBES UmM (-31.00) nOMSCIFUTUIBS mm mm (-4.50) STOCK IUBKET INDICES Thursday Change KLSE COMP __J8101 -711 NIKKEI 22ft 10,***** -W8.07 HANG SENG 417i2 SET INDEX 294.81 -118 JAKARTA COMP_J74.« +1M MANILA OOMP .1,107.71 -QM TAIPEI WPI 5,***** -1*1.77 SEOUL COMP
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  • Article
    Lock icon FINANCE
    70 1 F08EX BATES U8S St CSS (SS per CSS)—- L8U £(USS/SS per I) 1.447 MM ECBO(CSS/SS/E). DJM 1.640 DM 1178 U89 YEN 1*4 .8100 B* 1800 1074 HKS 7m 4167 BABTT 4168 2184 RCPIAH ***** IHi mm mb SINGAPORE* 616 KUALA LUMPUR MO HONG KONG 616 JAKARTA 39.00 TAIPEI 8.71
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  • Article
    Lock icon A third of home loans in negative equity
    641 1  -  ■namiiuuu If jobless rate rises 1-5-2 percentage points, 2,500 mortgages are at risk, says HSBC Sec By Siow Li Sen [SINGAPORE] Falling home prices have put about a third of all local banks' outstanding home loans amounting to a staggering $14 billion
    641 words
  • Article
    Lock icon Government spells out rules for multi-level marketing
    569 1  -  Aim is to protect consumers in MLM, pyramid selling By' Teh Hooi Ling [SINGAPORE] The Ministry of Trade and Industry (MTI) yesterday spelt out clearly what kinds of multilevel marketing (MLM) and pyramid selling schemes are legal in Singapore, with the aim of
    569 words
  • Article
    Lock icon SGX, ASX co-trading link to go live on Dec 20
    386 1  -  Some 50 SOX stocks and 51ASZ stocks tradeable initially By: Ling Su Ann [SINGAPORE] The co-trad-ing link between the Singapore Exchange (SGX) and Australian Stock Exchange (ASX) will go live next Thursday. The link, first proposed in April 2000, will
    386 words
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      Lock icon Page 1 Advertisements Column 1
      76 1 inside Executive Ufttfylt Winners and damp squibs: a review of the year's film highlights. Pg 1 Jaime Ee: What's X'mas without the useless trimmings? Top Storlas Yen seen plunging to 130-140 to US$. Next Pag* 'a 1" Jiang backs Tung for second term as HK Chief Executive. MmxiPmgm Giant to
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      69 1 THEBISLNE^NIES The mood may be sombre and the budget tight, but it's that time of year to show appreciation of clients and customers. What's In Style checks out the favoured corporate gifts this Christmas. J Elsewhere, we look at toys f for men, gifts for foodies and the the best
      69 words
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      101 1 How would of Pirelli's 2002 I calendar? Pick up grt Mpjpdwy f today to find out how you can 0* your hands on the collectible icon. I It's not for aala, and you won't find it on L Santa's list, but you can be one of the lucky reader* to
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  • NEXT page
    • Article, Illustration
      Lock icon Yen seen plunging to 130-140 level
      557 2  -  Farther drop could be accompanied by fall in other Asian currencies: Mr Ten From, Anthony Rowley in Tokyo THE Japanese yen, which is already at an eight-month low, could plunge to 130 or 140 to the US dollar given the "dismal condition" of Japan's
      557 words
    • Article
      Lock icon Jiang backs Tung for second term
      553 2  -  HE chief executive launches his re-election bid From. Audrey Tan in Hong Kong CHINESE President Jiang Zemin yesterday threw his support behind Tung Chee Hwa for a second five-year term as Hong Kong's chief executive, hours before Mr Tung launched his re-elec-tion bid in
      553 words
    • Article, Illustration
      Lock icon Terrorists attack Indian Parliament
      536 2  -  Vajpayee says It will be a fight to the finish' new From' Yogi Aggarwal in Bombay FIVE gunmen armed with automatic weapons and grenades attacked the Indian Parliament in New Delhi yesterday, killing seven and injuring 15 others. Four of the terrorists were killed in the
      REUTERS  -  536 words
    • ON THE grapevine
      • Article
        Lock icon Safest part of a bank
        98 2 GOLDMAN Sachs vice-chairman for Asia, Kenneth Courtis, recently related an anecdote that throws some light on the perilous state of Japan's banking system. A man took a safe deposit box at a Tokyo bank without opening an account Every day, he would go to his
        98 words
      • Article
        Lock icon Too presumptuous
        49 2 A TOP civil servant was seeking treatment at the A&E department of a hospital recently when a minister arrived. Thinking the minister was there to see him, he ambled up and asked how the minister knew he was there. The minister said he was visiting someone else.
        49 words
      • Article
        Lock icon All about being clever
        176 2 CREDIT Suisse Private Banking (CSPB) has been named best private bank for the third consecutive year by financial magazine Finance Asia. In the citation, Finance Asia said CSPB strikes the right balance between preserving and creating wealth for clients and excels in providing access to global
        176 words
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      35 2 How the sliding yen plays out in Indonesia, Pg 8 i|py: ft f I 'I v fiM Ml J|9| Kk ife Y m %< '{''A-S y <' I X V Or *r* f ANYTHING ELSE IS OPTIMAL.
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      108 3 am^. ■*mw** m>^ Ji You never actually own a Patek Philippe. ff{fra| You merely (msmmf look after it for the next generation. H^^flßg Exclusively available <©. cortinawatch illtijL SINGAPORE: Cortina Watch Pte Ltd Raffles City #01 -36 Tel: 339 9185 Fax: 339 1566 Lucky Plaza #01-32 Tel: 734 3668 Fax:
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Giant to open 20 new hypermarkets in S Asia
      424 4  -  Dairy Farm's hypermarket arm opens its 2nd S'pore store today By Kalpana Rashiwala DAIRY Farm International's hypermarket arm Giant plans to open more than 20 new hypermarkets in South Asia in the the next three years, bringing the total to about
      ALAN LIM ST  -  424 words
    • Article, Illustration
      Lock icon Latest UEM debt revamp more viable
      767 4  -  hockIEWISEW eddie toh THE Malaysian stock market sees the latest restructuring exercise of the United Engineers MalaysiaRenong group with mixed feelings. On the one hand, market players are happy Malaysia's most indebted group has unveiled a new plan to halve its debts through the
      THE STAR  -  767 words
    • Article
      Lock icon Witness sees no rigging in trades by Ihe accused
      549 5  -  mD-COMTIMUMT TRIAL Ex HK SFC exec says the duo's transactions seem transparent By\ Serena Ng THE trading activities of the accused in the Mid-Con-tinent trial did not constitute an ofFence under Singapore's Securities Industry Act, a former executive director of enforcement
      549 words
    • Article
      Lock icon Sale and US partner in deal with Finnair
      234 5 They will buy 3 new Air bus A 320 from Finnair and lease them back to airline Dow Jones Newswires SINGAPORE Aircraft Leasing Enterprise (Sale) said yesterday the company and its US partner Boullioun Aviation Services have reached a deal to purchase
      Dow Jones Newswires  -  234 words
    • Article
      Lock icon Addvalue H1 net dives 87% to $57,000
      188 5 Expansion plans and $160,000 start-up costs for investment bite ADDVALUE Technologies yesterday announced an 87 per cent slide in interim net profit to $57,000 for the six months to Sept 30. Earnings per share fell to 0.01 cents from 0.12 cents, while net
      188 words
    • COMPANY Briefs
      • Article
        Lock icon Tsit Wing IPO 12X subscribed
        51 5 HONG Kong coffee and tea supplier Tsit Wing International Holdings' initial public offer was 12 times subscribed. It received 628 valid applications, representing around 24.8 million shares, for 2 million shares offered at 29 cents apiece. The placement tranche of 38 million shares was fully
        51 words
      • Article
        Lock icon Fiscal year change affects Brilliant
        85 5 BRILLIANT Manufacturing saw a 74 per cent drop in net profit to $1.6 million for the year ended Sept 30. Revenue fell 26 per cent to $66.1 million. The declines were due to a change in the start of its fiscal year from March to
        85 words
      • Article
        Lock icon Eng Wah interim net soars 33%
        50 5 ENG Wah Organisation's net profit for the six months to Sept 30 rose 33 per cent to $1.1 million, as turnover edged up 4 per cent to $10.6 million. Earnings per share came in at 0.76 of a cent. No interim dividend was declared.
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      • Article
        Lock icon First Engg interim profit rises 34%
        54 5 FIRST Engineering hoisted net profit 34 per cent to $4.2 million for the half-year ended Sept 30. Turnover rose 17.2 per cent to $35 million. The company reported earnings per share of 2.94 cents. It also announced an interim dividend of 2 per cent
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      • Article
        Lock icon John Chen as Thai Village director
        51 5 FORMER cabinet minister John Chen has been appointed director and audit committee chairman of Thai Village Holdings. Dr Chen, who stepped down as Minister of State for Communications and Information Technology and Minister of State for National Development last month, is also MP for
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    • Article
      Lock icon DBS' CLOs: Pricing suggests moderate demand
      191 5 Other regional banks may make gimilar issues Dow Jones Newswires DBS Group Holdings Ltd yesterday completed the first-ever Asian issue of synthetic collateralised loan obligations, or CLOs, outside of Japan, likely prompting similar issues from other regional banks. DBS issued the $224 million in
      Dow Jones Newswires  -  191 words
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      Lock icon Page 4 Advertisements Column 1
      194 4 1 (H«« due*) Aj (Appro. 500 grn whole MatoO £Q* (Appro*- 500 wtoto f*i! 90 (Uuwhoh duck per Uhkl 9IA (Mnto Ikg pert**) 90 /Utx to Ikg per tabk; WHEN YOU LUNCfI OR lINMN AT HAW RESTAURANT One ctoice per table only. Choice on a first-come, fireMMNadbafe For dne-inoi^mMMmy. Happy
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      Lock icon Page 4 Advertisements Column 2
      767 4 Tsit Wing International Holdings Limited (Incorporated in Bermuda on 13 June 2000) Invitation In respect of 40,000,000 new ordinary shares of HKSO.2S each ("New Shares") as follows:(1) 2,000,000 Offer Sharee at 550.29 for each Offer Share by way of public offer; and (2) 38,000,000 Placement Shares by way of placement,
      767 words
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      93 5 Panasonic VISIWeOP t FAN TASY hi-tech home entertainment systems when you buy a Panasonic DV camera. i I I fl I J KfD)fc:fc riiffltr fr "*3' II ill! lintb X* /jSPjv JW 1 .I'M..' I cllMiillt'i I 11•. I! (Mill .i' iim|.||iiiii i,,| i; .iiin 1'..1l r ill 111 '.llli|.
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      300 6 OTHER SINGAPORE MOtCES Dec 13 VALUE CLOSE wom 149.00 -98.00 ffCW -*****.00 -102.00 grittyIM -*****.00 +14.00 Mt*Mm Bwl 137.26 -2.36 WBpJI— fh 1327.34 -29.95 409.94 -9.39 ■gaflmipiri 195.79 -3.03 saaarBUiM 195.60 -4.50 ChinaAvOil 5c 17,548,000 Chart Semiconductor 26c 15,958,000 ST Assembly 25c 10.788.000 SingTel 15c 10.353,000 Waoffioe 5c 9,551.000 Datacraft
      300 words
    • Article, Illustration
      Lock icon Indicators suggest more upside for Pacific Andes
      275 6  -  HOT STOCK/ WARRANT By 1 Ven Sreenivasan THE stock of frozen seafood distributor Pacific Andes has been rising steadily since mid-September —a rally boosted by the announcement of strong interim earnings and an impending restructure. The counter, which edged up half a cent
      275 words
    • Article, Illustration
      Lock icon Forced selling weighs down market
      713 6  -  S3 8 ven sreenivasan THE Singapore stock market turned in a fourth straight loss as forced selling hit home following the liquidi-ty-fuelled rally of a week ago. Sentiment was also dampened by sharp retreats in Tokyo and Hong Kong, where the Nikkei 225 and Hang
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    • Article
      Lock icon Yen weakens against major currencies on economic gloom
      682 6 Selling fuelled by finance minister's comment that monetary authorities should guide the yen lower AFP [TOKYO] The yen fell against the dollar and euro yesterday on mounting gloom over the Japanese economy's weakness and speculation about official market intervention, dealers said. The
      AFP  -  682 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2733 6 UNIT TRUSTS FUNDS AM Amro JM Mgt (Tpon) Star Europe Eqty!* Oil7/ Star Europe Bd 0.98* Star Europe Bal 0J8» Star Asian Tiger Eqty 0 76* Star Am Bond \Zil Star Aoa Balanced 0 .86* Star Global Technology Fund 0335/ Star Bhv finance Japan Fuidl** 083* AM Govett (Ada) Ltd.
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  • SINGAPORE news
    • Article
      Lock icon Commercial properly may lag home prices
      426 7  -  Recession hits office demand; fewer tourists affect retailers: NUS don w Vince Chong NATIONAL University of Singapore professor Liow Kim Hiang believes the overall property market could recover by 2003, but says the commercial sector may take longer. He said yesterday he could not
      426 words
    • Article
      Lock icon Don't bet on speedy recovery: OUB
      327 7  -  ■I =*nf 3 on the economy outlook By. Eugene Low OCTOBER'S non-oil domestic exports (NODX) and several leading indicators from the US give some cause for optimism that the economy may be bottoming out, but don't bet on a speedy recovery, says Overseas Union
      327 words
    • Article
      Lock icon Philips gives boost to two local suppliers
      303 7 It is transferring technology as part of EDB's Innovation LIUP scheme NETHERLANDS-based electronics giant Royal Philips Electronics has given a boost to the manufacturing capabilities and quality assurance processes of two of its local suppliers, thanks to a programme initiated by the Economic
      303 words
    • Article
      Lock icon Daim doesn't know present MPHB owners
      301 7  -  MAIIJiTTI Daim Zainuddin Kuala Lumpur I REFER to the report "Mul-ti-Purpose board still intact" by Eddie Toh (BT, Nov 8). I have been following the articles written by Mr Toh wherein he has been making various references to me. I have been very patient
      301 words
    • Article
      Lock icon SIA clears the air on e-mail service
      240 7  -  Rick Clements Vice-President Public Affairs Singapore Airlines Limited I REFER to your article "SIA shelves $300 m plan for inflight Internet service" (BT, Dec 13). The article contains two significant inaccuracies. First, the headline and first paragraph wrongly stated that the e-mail system
      240 words
    • Article
      Lock icon Bunkering sector closely monitored
      104 7  -  Lee Seng Kong For Director-General Maritime and Port Authority of Singapore WE refer to the letter "Punish bunkering wrongdoers swiftly" (Mailbag, Dec 13) by Jimmy Teo. The Maritime and Port Authority of Singapore (MPA) shares Mr Teo's concerns. We view malpractices in bunkering operations in Singapore
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      145 7 J A Ll, r 'r 111 a H < ■m hM "■^w" Mm II w w i r 1 r m,jV pfl Br V I 1 U fl A "^wSHHIHI H ■Ep ?MBi ■■p Receiving Qualifying Full Bank (QFB) status is important to HSBC in Singapore. Important because with QFB,
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Old problems face new team in Sri Lanka
      810 8  -  ■.f.uM.'.irnra OPINION yogi aggarwal The writer is a Bombay-based journalist who contributes regularly to BT IN THE past a commonly voiced aspiration in Colombo was that Sri Lanka could easily attain the level of prosperity of Malaysia a country similar in size,
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    • Article
      Lock icon IN OTHER WORDS
      66 8 'Healing the wounds of war requires professionals. The only people left (in Afghanistan) are the warriors.' -Sana Henri a civil engineer in the US, who is helping organise the return of his fellow Afghans. 'Nobody steals Christmas from Filipinos not even Osama bin Laden.' -DaateGuki Philippines Economic
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    • Article
      Lock icon No snap recovery this time
      633 8 EDITORIAL AFTER what has seemed an interminable stretch of economic doom and gloom, there are glimmers of good news over the horizon In the wake of the slew of interest rate cuts and fiscal stimuli this year, as well as the recent rally on Wall
      633 words
    • Article, Illustration
      Lock icon How the sliding yen plays out in Indonesia
      1109 8  -  There's a growing sense that a weaker yen would be worth the short-term pain for Asia if it helps Japan rebound By' William Pesek The writer is a columnist for Bloomberg News. The opinions expressed are his own. [JAKARTA] It's places such
      AP  -  1,109 words
    • Article, Illustration
      Lock icon Can Thaksin admit to fallibility ?
      680 8 Can Thaksin admit to fallibility COMMENTARY None of his government's measures has borne fruit yet Editorial in the Bangkok Post THE latest opinion survey by Abac and Khon Kaen University shows that Prime Minister Thaksin Shinawatra is slipping in popularity with the public. The prime minister is now only popular
      Editorial in the Bangkok Post; AFP  -  680 words
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  • REGIONAL news
    • Article
      Lock icon KL cuts developer's stake sought by GIC
      353 9  -  Authorities okay deal with Seremb&n Two but limits stake to 30% From, Eddie Toh in Kuala Lumpur THE Government of Singapore Investment Corporation (GIC) has hit a hurdle in its bid to acquire a 40 per cent stake in Malaysian housing developer, Seremban
      353 words
    • Article, Illustration
      Lock icon KL wants better mobile services
      425 9 Dow Jones Newswires [KUALA LUMPUR] Malaysia's five mobile operators need to invest more to improve the quality of service to consumers or face possible financial penalties in the future, the country's top industry regulator said yesterday. Her comments follow the publication of the government's latest
      Dow Jones Newswires; FILE PHOTO  -  425 words
    • Article
      Lock icon Indonesia mulls stock option for Gresik employees
      237 9 SURABAYA Reuters INDONESIA said on Wednesday it was considering a stock option programme for employees of the country's top cement maker PT Semen Gresik in a bid to ease their objections to government plans to sell the firm. "Whoever manages (Gresik), the government
      Reuters  -  237 words
    • Article
      Lock icon Doubts over asset sale plan depress Renong shares
      583 9 KUALA LUMPUR Investors say UEM's plan is too vagne and unlikely to yield turnaround RENONG Bhd shares fell to their lowest level in a month after Malaysia's most indebted group failed to convince investors its plan to sell assets would enable it
      583 words
    • Article
      Lock icon East Asia's forex reserves excessive
      586 11 MANILA Analyst warning comes as reserves hit USs9oob AFP ASIA is piling up excessive foreign reserves to cushion itself from another financial crisis instead of using the funds to fuel capital markets and spur muchneeded economic growth, analysts warn. Foreign exchange reserves held by East
      AFP  -  586 words
    • Article, Illustration
      Lock icon China prices spring surprise 0.3% fall in Nov
      437 11 Bloomberg [BEIJING] China's consumer prices unexpectedly fell in November, boosting chances the central bank will lower interest rates for the first time in two years to spur domestic spending. The consumer price index declined 0.3 per cent from a year earlier, reversing
      Bloomberg; AFP  -  437 words
    • NOTE Book
      • Article
        Lock icon Jakarta signs 4th deal with IMF
        101 11 Reuters [JAKARTA] Indonesia yesterday signed its fourth agreement with the International Monetary Fund (IMF) on broad economic reforms to be implemented next year, paving the way for a disbursement of around US$36O million in loans. Jakarta also received a welcome fillip, with a positive
        Reuters  -  101 words
      • Article
        Lock icon Thai bourse revamps SET50 Index
        64 11 Bloomberg (BANGKOK] Thailand's stock exchange revamped the benchmark SETSO Index, tracked by fund managers and analysts as a national economic indicator, adding two new companies starting Jan 1 and dropping two others. The exchange will replace the two existing index members with Thai Petrochemical Industries
        Bloomberg  -  64 words
      • Article
        Lock icon HK online broker 2cube folds ops
        72 11 Reuters (HONG KONG] Hong Kong online broker 2cube Securities said yesterday it was folding its operations and was selling its 4.600 active customer accounts to US rival E-Trade Group Inc for undisclosed terms. 2cube, a 50-50 joint venture between Pacific Century CyberWorks Ltd and
        Reuters  -  72 words
      • Article
        Lock icon Globe nod for issue of 8.9m new shares
        85 11 Reuters PHILIPPINE mobile phone firm Globe Telecom said yesterday it had approved the issue of 8.86 million new shares to cover a fresh equity infusion from its major shareholders. In a disclosure to the Philippine Stock Exchange, Globe said its board approved
        Reuters  -  85 words
      • Article
        Lock icon No Suharto trial because of ill health
        91 11 Reuters [JAKARTA] Indonesia's Supreme Court said yesterday former President Suharto cannot ever be brought to trial because of ill health. "The doctors who are assigned to examine defendant Suharto stated that he could not be cured so the defendant could not be brought
        Reuters  -  91 words
    • Article
      Lock icon Taiwan to relax rules for China tech investments
      339 11 TAIPEI Bans expected to be lifted on four electronics sectors Bloomberg TAIWAN said it will draft rules within two weeks to allow companies in its US$2O billion semiconductor industry to invest in China, one of the fastest growing electronics markets. Officials fTom
      Bloomberg  -  339 words
    • Article
      Lock icon Banker in HK graft case freed on appeal
      246 11 HONGKONG AFP EWAN Quayle Launder, a former banker who was jailed in Hong Kong's biggest financial scandal, walked free yesterday after the Court of Final Appeal overturned his corruption conviction. Mr Launder, the former chief executive of Wardley Ltd, the former merchant
      AFP  -  246 words
    • Article
      Lock icon One in 10 Chinese firms faked profits
      417 12 SHANGHAI They reported 7.4b yuan in false assets and 3J>b yuan in false profits Reuters A SURVEY by China's Ministry of Finance has found one in 10 Chinese companies, including listed firms, faked profits last year when they actuaUy made losses, state media
      Reuters  -  417 words
    • Article, Illustration
      Lock icon China to create 8m new jobs in services sector
      313 12 BEIJING AFP CHINA has pledged to create eight million new jobs next year by providing employment in the services sector to partly offset shrinking industrial opportunities, the state press reported yesterday. Labour and Social Security Minister Zhang Zuoji told a national
      AFP  -  313 words
    • Article
      Lock icon New chief seeks to invigorate Manila exchange
      625 12 MANILA Former finance secretary to help restore credibility Bloomberg ERNEST Leung, the former Philippine finance secretary who later handled one of the nation's biggest banking failures, is about to take on Asia's second-worst performing stock market, where trading has dropped by half and
      Bloomberg  -  625 words
  • Page 9 Advertisements
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      135 9 vCavpe-t I lAucrtion] E OF THE YEAR 5 B Dealers wholesalers welcome. I I JMONTDPCY i?DEc\ SHIPMENT 16£) E C l Opening of bales viewing 9.30 am Auction 11.30 sharp Venue Holland Fringe Car parte, Holland Road I I I Over 300 exquisite pieces to he auctioned straight out I
      135 words
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      944 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SPP.LET INTERNATIONAL (SINGAPORE) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 243 Knightsbridge London. SW7 10N. United Kingdom on the 11 December 2001. the following resolutions were duly passed: 1. SPECIAL
      944 words
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      1210 10 In the Mattes of Ihe Companies Act, Cap. SO And Iffl ryj ENRON CAPITAL A TRADE RESOURCES SINGAPORE PTE LTD NOTICE PURSUANT TO SECTION 291 (4) STATUTORY DECLARATION BV DIRECTORS Of COMPANY S INABILITY TO CONTINUE BUSINESS BY REASON Of ITS LIABILITIES LOOGED WITH THE REGISTRAR Of COMPANIES AND THE
      1,210 words
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      945 10 tHEtoMteNitiAtt (CHARTER SO) THE COMPANIES REGULATION REGULATION 78 NOTICE TO PROVE DCBT OR CLAIM FOR PUBLICATION Nome of Company WwHra Equipment |S) Pte Lid (Judicial Monogen Appointed) Company No *****1222W Address.of registered office o» 604 Martin Road *****/08 Trodetnort obovenomed company Singapare *****7 Number of motor Originating Petition No. *****6
      945 words
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      1018 10 BI THE MATTER OF THE COMMME3 ACT (CHAPTER 30) AND BI THE MATTER OF &KIAN SHYE MVESTMENT PTE LTD 2DVIA ABPLBN PTE LTD M JCA-MBUN PTE LTD (ft MEMBERS' VOLUNTARY LIQUIDATION) Al da laapactne Extraortlnay Gananl Maabnga ol (ha abovanarrad Companies hald on 11th Dacambar 2001 at 2 30pm. tha
      1,018 words
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      894 10 ELF LUBRICANTS SOITH EAST ASIA PTE LTD NOTICE OF SPECIAL RESOUHONS NOTICE IS HEREBY GIVEN THAT XT AN EXTRAORDINARY GENERAL MEETING Of THE COMPANY DLTV CONVENED AND HELD *T 331 NORTH BUDGE ROAD. #25-01 ODE ON TOVUL SINGAPORE *****0 XT 10 KM., THE FOLLOWING RESOLUTIONS *E*E PASSED: Special Keaoiedoa* feaoM
      894 words
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      481 10 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO ANO M THE MATTER OF AMMERAAI SOUTH EAST ASIA PTE LTD (M MEMBERS VOLUNTARY LIQUIDATION) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAMS NOTICE IS HEREBY GIVEN THATtfwcmftn of ffw abovenamed Company, atnaa debit or dame have not already boar admfflad
      481 words
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      1066 10 IM THE IUTTEfI OF THE COMMUNES ACT, CAP.M AND IN THE MATTER Of AUTO SIMULATIONS AilA PACIFIC PTE LTD NOTICE It HEREBY GIVEN that tha creditors of Vie abovenamed Company, which is being wound up. ara required on or before tha 15tfi day o< January 2002 to sand m their
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      1023 10 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER Of KAO MVESTMENT PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordnary General Mealing of la abovaramad Company dJycotwanad and held Suae 3102 Mna Quean a Road Centra Hong Kong on da 12* day
      1,023 words
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  • Article, Illustration
    Lock icon FINANCE
    1163 11 Transaction date: Dec 13 DVTBRBJJVK CROSS RATES *S a —0 tr» Wr m MfaMpM fm gSNOOi Hm M —M H MHW 1 MM OJM 4J4 0579 1797 U32 <095 ***** ***** 0497 *599 1975 12* ***** ***** 0552 1*72 MSB I7.9M 22.704 05M fc» Cassia 1220 5299 0.70 UM
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  • Page 11 Advertisements
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      40 11 I B Lianhe Zaobao I I S'pore-Suzhou I I association I Ito be set up I I next month I Ito promote I I bilateral I I economic I I trade ties I I I I I I ffi«SS+?SBIWSH*iSS I
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  • Article
    Lock icon COMMODITIES
    1726 12 SICOM FjjWMB Dec 13 RUHCR (Mm dnk| m at SJOpa) RSI CONTRACTScMhAq) ClOM VotMM OpM MotHi M|fe Lot Sett (tw—«) Iwteroat Jm 02 88.75 Feb 02 19.75 Mar 02 -9100 Apr/Jm 02 9225 RSS 3 CONTRACT (US ctnb/k«) VotMM OpM Month Lwr Sett tt—»» Mtarwt J« 02 47.75 I1SO
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  • WORLD news
    • Article
      Lock icon S'pore near bottom in EIU growth ranking
      438 13  -  SINGAPORE It's forecast as sth slowest-growing nation next year By. Anna Teo FOR once, Singapore has found itself in an unusual spot in a global ranking of economic growth near the bottom, among some 180 countries. According to the Economist Intelligence Unit (ElU)'s
      438 words
    • WORLD Watch
      • Article
        Lock icon Qwest to cut 7,000 jobs
        51 13 Bloomberg [DENVER] Qwest Communications International Inc, which sells telephone services in 14 US states, plans to eliminate 7,ooojobs, or 11 per cent of its workforce, because of falling customer demand. The cuts will reduce the company's workforce to 55,000 by the middle of next year.
        Bloomberg  -  51 words
      • Article
        Lock icon Aetna, to slash workforce by 6,000
        33 13 AP [HARTFORD, Connecticut] Health care provider Aetna is slashing 6,ooojobs citing lower membership levels and a decrease in the number of markets in which it participates. AP
        AP  -  33 words
      • Article
        Lock icon StanChart was used by hijackers:US
        66 13 Bloomberg [LONDON] Standard Chartered was a conduit for more than US$7B,OOO used by the hijackers who carried out the Sept 11 attacks, according to aUS indictment of an accused co-conspirator. A hijacker and an organiser of the attacks each opened accounts at a Dubai branch
        Bloomberg  -  66 words
      • Article
        Lock icon Hackborn quits Hewlett Foundation
        68 13 Bloomberg [BOISE, Idaho] Hewlett-Packard board member Richard Hackborn has resigned from the Hewlett Foundation's board. "Walter Hewlett's decisions to wage an ill-advised proxy fight opposing HP's merger with Compaq deeply conflicts with my and the HP board's belief that the merger represents the very best way
        Bloomberg  -  68 words
    • Article
      Lock icon US shows tape it says proves Osama's guilt
      506 13 WASHINGTON Videotape reveals he knew about attacks before Sept 11 AFP, Reuters OSAMA bin Laden admitted planning the Sept 11 terrorist attacks on the US in a videotape released by the Pentagon yesterday. In the 40-minute videotape, he explains in detail planning
      AFP,; Reuters  -  506 words
    • Article
      Lock icon ECB cuts forecast for eurozone growth
      337 13 FRANKFURT But it still expects gradual recovery in 2002-2003 Reuters THE European Central Bank (ECB) yesterday slashed its forecast for eurozone economic growth this year and next, but still expects the 12-nation group to gradually recover during 2002 and into 2003. The ECB's December
      Reuters  -  337 words
    • Article
      Lock icon Enron to sell US$6b of assets
      341 15 WASHINGTON It hopes to resurrect trading business by selling it to a 3rd party AFP IN a bid to restructure its way out of bankruptcy court within a year, energy firm Enron has unveiled to creditors a plan to sell up to US$6 billion
      AFP  -  341 words
    • Article
      Lock icon SEC urges M accounting transparency
      552 15 WASHINGTON Reuters, Bloomberg THE US Securities and Exchange Commission on Wednesday told companies and accounting firms that investors deserve full transparency in the portrayal of a company's financial condition. "Today we are issuing cautionary advice to remind company management, auditors, audit committees, and their advisers
      Reuters,; Bloomberg  -  552 words
    • Article
      Lock icon Bank stocks dive as Japan's trade woes pile up
      539 16 TOKYO Trade surplus suffers 16th straight fall; yen at 8-month lows Bloomberg JAPAN'S moribund economy looked even more dismal yesterday as its trade surplus narrowed for a 16th straight month, bank stocks tumbled, the yen hovered at eight-month lows and a
      Bloomberg  -  539 words
    • Article, Illustration
      Lock icon Japanese economy sicker than believed
      607 16  -  Ten weakness may cause problems for Asia: Goldman exec By Vikram Khanna [SINGAPORE] Japan's economy is even more sick than meets the eye, afflicted by a mountain of debt, higher-than-measured deflation and stagnant consumer and investment spending, according to Goldman Sachs vice-chair-man for Asia, Kenneth
      FILE PHOTO  -  607 words
    • Article
      Lock icon US govt posts US$63b deficit over Oct-Nov
      267 16 WASHINGTON Reuters THE United States government posted a US$63 billion deficit for October and November, the largest for the first two months of a fiscal year since 1997, when the government last recorded a deficit for an entire year, the Congressional Budget Office
      Reuters  -  267 words
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      202 13 The Datal 1 A R 0 I A VI 40% OFF RAINFOREST Langkawi's exclusive resort is offering 40% off our normal room rates Call now before it disappears. The offer that is. Promotional Price Per Night Deluxe room RM76O nett per night Offer valid until 30th June 2002 (Not applicable
      202 words
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      56 13 INTRODUCING SPORT WATC H E S Wr I "J K_ Mj J W Contemporary history in a timepiece. The Montblanc Meisterstuck Sports Collection created to complement the spirit of sportsmanship. Features a luxurious range of chronograph, AUTOMATIC AND QUARTZ WATCHES. MONT* BLANC Montblanc Boutioues changi airport T2. paragon, ngee ANN
      56 words
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  • Article
    Lock icon KLSE
    2555 14 Transaction date: Dec 13 KUALA LUMPUR m w- (3oo' AIM Realty OK -005 11 AbrK 190 -0.15 702 ACPmdustnes 2M -002 181 Advance Synergy 0.59 -0.05 292 Affin Holdings AS -0.03 38 Ahmad Zaki Res .3.90 inch 30 AK Corp 422 -0.02 33 AAbeeRei 2 09 -0.06 545 AICN
    2,555 words
  • Article
    Lock icon SGX
    707 14 Transaction date: Dec 13 q—i| m Otm Omm CMC 0J3 1» -0020 NMSMd SOc 0.17 mw -0015 c m mid im un -oxno oac i« TTSd *oioo Owl SamKond Xc 212 5 TOO <0.050 OUt 050 (20 Jim C%0»50c 2.W MOO -USD 041 OM 2 010 CiwHwTSt 044 *****
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  • Article
    Lock icon BONDS & WARRANTS
    607 14 BONDS WARRANTS IM MCm taar 'aT t 32 ""W ««r- HW«* mm U» AST1W»***** a -I HI It 173 30 AcmaLtd1MM1116 A mfi 1270 1 SO 460 2Jt 15 AfWak W*****0 32 -1.5 117 1 33 I 150 42 Anratrong W*****0 A 1 10 56 2JS 29 AaafoodPW*****2 05 1
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  • Article
    Lock icon STOCKS ASIA
    4948 14 Transaction date: Dec 13 for more, go to iirwwjasiaoriermiarketsjcom HONG KONG Vai no w- tm AcrossAsia Multimedia 0.50 unch 0 Alpha Gmnl.— ...0.04 inch ***** AmoyProp 135 -0.10 4987 AnandaWingOn 0.05 unch ***** Angara New Steel H 088 -0.09 ***** AnhuiCondiH 1.61 -0.09 2358 Anhui Expressway H 130
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  • Article
    Lock icon SGX MAINBOARD
    5787 15 Transaction date: Dec 13 for live prices, log on to uwwxLsiaonemarketsxorT SM* Laat M tar IIIMi CrfM* 01* GrVM M MCaa Wttef W» Uw S* W- fn W# Imm Bayer Sefcr Cw M >3 Wet 9 ABNAmroNLG S6c 9 3.4 138 39.5 85 c AC£ Dynamks20c 11 11
    5,787 words
  • Article
    Lock icon SGX XTRANET
    50 15 JSL —S" j—*"* ChCrtM M MC«. OTtof imm Umqmi Ml w- CI U» *w Mhr Cw HI wS 11M0 B1« t Dwmondk USMOcd (HO WO l BMUMMt- USMflOad *140 0 5660 5660 w «o i nMsa spor* uv«soa> 1?W WO J BSVSOO US11MM ***** ww i van usitrm
    50 words
  • Article
    Lock icon SGX SESDAQ
    1394 15 -P* i* Om, UalQaete Mhr Ohr CrtW MM MUa M| U» r»«pi Mi w- rm —I U» 4— Mhr Om K >31 Mm 70 UcAMHIdgiSc 115 155 M S II li 4J 31J 16 405 12 c AP Ol 5c 1S5 -0.5 70 16 15 5 15-5 It
    1,394 words
  • Article
    Lock icon CLOB INTERNATIONAL
    363 15 JM» Uat Vat tar IWQ—m H* CftW MM 88Caa I—t ISala W- l— tmfm Mhr C»r Bg >3 110 a AVJcmngi A25c A (1.5 79 M 40 34 123 4.7 1754 Cathay Pac 20c HK— 720 265 2.1 7.4 6 *****2 Chawig KongSOc HK— 1710 240 6J 6.7
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      107 16 •>; --1 W:l 3 I v -.it' «5- 7,, 3p: *-|pN-?J bM rwhtfd BCCS to Blfew |inift wmwml PohJiewMm Human Resource Manager Commissioners of Currency, Singapore y rg cm their workers' health by: gil|| arc conducive to good health and programmes and services at work. o 7f-'wK. Grant will help
      107 words
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      90 16 (mj) FRESHFIELDS DREW NAPIER Looking forward Freshfields Drew Napier would like to wish friends and clients a very happy Christmas and prosperous 2002. This year, as an alternative to sending Christmas cards, we are making a donation to charity. e S jl ci ■3 _c V «te t -c Jl
      90 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon 2001 At the movies
      1663 17  -  Parvathi Nayar reviews the year's film highlights, the winners and losers COVER STORY Parvathi Nayar IF there were fireworks to mark the year 2001 at the movies in Singapore, they would be pretty dazzling. Especially when compared to 2000, which might be better described as damp
      1,663 words
    • Article, Illustration
      Lock icon BT's Picks Of The Year
      74 17 THE BEST" 1. Joint Security Area 2.Memento 3 Requiem tor a Dream 4 Shrek 5. Billy Elliott 6 Moulin Rouge 7 The Pledqe 8 T r attic 9. Spy Game 10 Snatch THE WORST" 1 Tomb Raider 2. Sweet November 3. Pearl Harbor 4 Captain
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    • PERSPECTIVE/PROFILE
      • Article
        What's X'mas without the useless trimmings?
        738 18  -  QFFr.TT?TT.a Has the recession bitten so hard that cards, free calendars and diaries have become a rarity? It's killing a tradition that will be missed jaime ee rrs usually at this time of year that I conclude there are three sure things in life:
        738 words
      • Article, Illustration
        No major shift seen for TV
        736 18  -  How has September 11 affected the TV industry? Pat Ferns, president and CEO of Banff Television Foundation, talks to flwun ffl-HOOIf about its impact and whats in store for the medium nowadays CHEAH UI-HOON THE soul-searching that went on in the movie industry after
        CHRIS LOH  -  736 words
    • PROFILE/BIZ WOMAN
      • Article, Illustration
        BRANDED DREAMS
        1109 19  -  Lan Batey, the man behind 'A Great Way To Fly*, warns Asian brand owners of the need to go seriously global, reports Geoffrey eu GEOFFREY EU WHEN lan Batey speaks, people listen —especially people who have a product or brand to sell. That's because after more than four
        CHRIS LOH  -  1,109 words
      • Article, Illustration
        C for Charity, D for dance
        1052 19  -  Sylvia McCully tells ffITBIH ui-HOOM how these two will be brought together in a concert to spread Christmas cheer CHEAH UI-HOON *1 WANTED firstly to be a nun because I loved singing hymns and praying and nativity plays, and secondly, a policewoman— I loved
        1,052 words
    • MUSIC
      • Article, Illustration
        Fatboy Slim turns it on
        639 20  -  His slap-happy electronica set many bouncing around all night like an ecstatic kangaroo last week, reports tamhwbebwbe TAN HWEE HWEE HIS mother calls him Q (fbrQuentin) and his wife calls him Pooky, but last week in Singapore, the 5,000 hoppers at Fort Canning Park were
        639 words
    • CINEMA
      • Article, Illustration
        REEL bits
        1269 21  -  By Susan Tsang OCEAN'S Eleven is the big budgeter that tries to grab our attention from the boy wizard Harry Potter, and the professional Monster scorers. Since this remake cf the Rat Pack movie is aimed at adults, it will probably grab some viewers from Spy Game and
        1,269 words
      • Article
        Enquiries and booklings
        67 21 Wat *****08 Orchard 7X3174 Ctffcay Movto Lint *****88 SpM *****87 Mim *****40 SmNk *****74 S Plaza *****47 M» asr ijtd KMIM *****30 hf c+nw «asy ooowng 1800-912-1294 MMnt Grand mm pica Tfcnpim TlongBahnj Yiahun 8oMw *****96 fttaCMB *****85 BaiastWf *****87 Century *****98 CtmOwKang *****38 EMShort 948 1818
        67 words
      • Article, Illustration
        Ocean's Eleven hits jackpot
        628 21  -  The plot's simple, bat the fun's in watching hew Cloonej leads his photogenic crew of crooks By Tan Hwee Hwee O doubt about it, Ocean's Eleven is one of best films the year, sweeping you away with its tidal wave of talent George ■HH WH Clooney,
        628 words
      • Article
        A showcase of seven samurais' antics
        473 21  -  Yamakasi's well choreographed and flnidly executed action is worth watching for what it is By Parvathi Nayar TO celebrate the potential of the human body as an end in itself: this is the primary reason to go see Yamakasi, a film produced by Luc
        473 words
      • Article
        A sanitised portrait of Fab Four
        416 21  -  By\ Susan Tsang WATCHING A Hard Day's Night 37 years alter its initial release, one marvels at how The Beatles' first film was really a long, black-and-white music video. Unlike the Elvis movies, the Fab Four play themselves, on an average day's tour taking
        416 words
    • EPICURE
      • Article, Illustration
        Almost as smooth as silk
        835 22  -  cmiiw Tn-Boov discovers how hot the Silk Road can be CHEAH UI-HOON A MARA Hotel's newest Chinese restaurant has set itself some pretty high standards to live up to, being named after the 6,400 km long network of interconnecting roads, or caravan tracts, which served
        835 words
      • Article
        What's neglected and under-valued
        830 22  -  I WINE CONNOISSEUR By N K Yong AN imaginatively planned and efficiently executed tasting at the Oriental Hotel Bangkok at the end of November, conducted by Serena Sutcliffe MW, served to remind us that amidst the hype surrounding the 2000 vintage and the glamour of the
        830 words
    • THE ARTS
      • Article, Illustration
        Digital dance
        965 23  -  UK's recent festival of contemporary dance has helped London stake its hold on the dance calendar, reports feucsa tap from London FELICIA YAP THE British ■contemporary dance scene may still be a little isolated from the rest of Europe, but Dance Umbrella—the UK's recent festival of contemporary dance—has
        965 words
      • Article
        Nothing Spoilt about it
        386 23  -  Byi Aaron Lye IN a nutshell, there really isn't anything spoilt about The Necessary Stage's current production, Spoilt. Well, perhaps a couple of things, but with a story about a successful businesswoman who goes insane how far wrong can one go? Without a doubt. Spoilt's greatest
        386 words
      • Article, Illustration
        Composing changes
        849 23  -  SCO's new music director has plans to make it an orchestra for everyone, says johvgbb JOHN GEE FOLLOWING his debut concerts conducting the Singapore Chinese Orchestra (SCO), Yeh Tsung left Singapore on Sept 10 for an engagement in Chicago. The World Trade Center terrorist attacks forced the diversion
        849 words
    • the fast lane
      • Article, Illustration
        Billionaires will soon be spoilt for choice when it comes to choosing a carriage (or two) befitting their status, as CHRISTOPHER TAN discovers.
        682 25  -  CHRISTOPHER TAN THEY say it's lonely at the top. And to a large extent, that has been the case for the world's finest carriages, which have long
        682 words
      • Article
        XTRA XTRA
        149 25  -  By CHRISTOPHER TAN JAGUAR has unleashed a two-litre version of Its X-Type, and the car—the first in the crucial segment —will arrive in the next few months. In the UK, the base 2.0-litre V 6 X-Type is 10-12 per cent less expensive than the 2£-Ufre car. This could
        149 words
      • Article, Illustration
        Auto passion!
        1012 26  -  Recession or not, guys just wanna buy cars. Christopher tam peeks at some of the most wonderful new wheels that will hit our shores soon CHRISTOPHER TAN WHAT do carmakers do when there is a global economic slowdown? Why, they launch more new cars of course, TTiere is
        1,012 words
      • Article, Illustration
        Porsche showing
        623 27  -  a 3H Porsche is set to hit a record this year despite a staid car sales ranking more or less the same as the last three years christopher tan AS far as car sales go, the year doesn't look like it will end with any big surprises. Except
        623 words
      • Article, Illustration
        The way of wheels
        802 28  -  ANDRE lam writes on developments in the tyre industry ANDRE LAM TYRE performance has not taken that quantum leap we predicted some years ago. Instead, manufacturers have concentrated on "rounding out" product performance. And technology has not improved dramatically since the introduction of the radial ply.
        802 words
      • Article
        Win some wheels
        90 28 Wanna dress up your car with sporty spoilers or shiny alloy rims for the New Year? Or how about a new set of tyres? We have two $350 cash vouchers from Stamford Tyres to give away. All you have to do is to attempt the ytjgbelow (the
        90 words
      • Article, Illustration
        Take your best shot
        153 28 FIRST issued in 1964, the Pirelli calendar has become a collectible with almost cult status. Never for sale, it is published by the Italian tyre maker to be given to associates and close customers. Over the years, politicians and luminaries in the business and art world
        153 words
      • Article, Illustration
        One for the road
        3780 30  -  TIS the festive season again If s also the traditional car-buying season. Unique to Singapore's Car Obsessed Economy (aka COE), the motor trade is recession-proof. If you're shopping for a car, this is definitely one of the best times to do it To help you along,
        3,780 words
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      117 18 *lLet Us Change Your Perception IYavel Connections, the Premium Tbur Operator, with yean of business periencem in China thirty yean in the VfeP travel industry. F Kunming Yunnan 'Perpetual Spring City' I Chengdu Sichuan 'Home Of The Giant Panda' Wan Shaanxi 'Home Of The Tkrrucotta Warriors' Yinchuan Ningxia 'The Last
      117 words
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      Page 18 Advertisements Column 2
      81 18 KWOK V*?'* GALLERY '1,7 I I llt'C iflH'I.IlM U)s (l| I \|»t llt 11( t Mix <"•<)!:: M •I i 111 I i.li. I I;. 1.111 11 111 KT I. 11 I .is i SI n 11 11 1111< i ***** Sinj;.i|ii>ii >* inM 1,. I I 1..1. i h
      81 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      211 18 CRYPTIC CROSSWORD To Hemammg 0001, its garnered 1 I I I 31 At the end, are wildly cheered (9) 14 Slightly Injured, so didnt take (6) DOWN ESL. YESTERDAY'S SOLUTION 2 Sum for which a medico's 15 10 Acrow: 1 Application, g Headbeen let In by a rotation (6) Ifl
      211 words
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      71 19 <i> CARAN dACHE OF SWITZERLAND t V' wR ECRIDOR COLLECTION V MAKE YOUR MARK Solr Distributor: SILVAROYAL PRIVATE LIMITED 27 Loy.mgW.iy S.»£,ipotc SOS 72 S C.inn d Actio is iv.iil.ibic .it TAKASHIMAYA I Level 31 T IMf-S NF Wl INK C -1' > r Ar pet TI (Dop.vtn'« T v
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      667 20 Where to wine, dine and entertain...TffisaSr .^SKSftSS Function Room available for your fffiiißversaiv Lnrmer uanoti. M I L Baby's Full Moon I I I I Maximum -100 pax I Minimum Seminar -15 pax I I For enquiries, call us at43o 4119 I 218 Queen Street Singapore *****9 Amamb»of#» 1221 KOHMOTHBSGtOOT
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      Page 20 Advertisements Column 2
      84 20 new Year I Countdown Party m.. 31 Dec 2001 V jDm Join us for the New Year Countdown stand a chance to win an exclusive Katharine Hamnett designer watch worth S1,000! Price $28.00 Nett inclusive of one glass of champagne Time 6:30 pm to 2:00 am Venue Main Tower Lobby
      84 words
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      26 21 ——————rrarezaa MOVADO lpee*6 fr-'| IV''« "WiL, {(r vi \/i»i --i Movcklo C.yu.ncl 6. S. rv n ntn •Awi.luM. ut ..lil I.K I y Sm„l. C.l y
      26 words
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      347 22 jj A A yr JLif (ftraJuofiive ane's life I bravely..." ART AND CULTURE (INDIVIDUAL), 2001 a spin-off of a superior process." Dr BMMdict Tm Cfci'-LooML BBM, PBM SPORTS AND AO VENTURE (INDIVIDUAL). 1996 Iralps you to on a journey of self-discovery. You flnKli lUliigliSociity COMMUNITY AND YOUTH SERVICE (TEAM), 1997
      347 words
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      56 23 I > I mm An Italian Gift to Your Senses Opening Days 24th Dec Lunch Dinner V/ W i 25th Dec Dinner Jk I 31st Dec Lunch New feert W Ist Jan Drift Pfriong fVfflfMf m Thursday, 1y J yL Fridty SftMrtfy fvflntogt 21 Club Stmt Singapore *****0 Tell 224
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      Page 24 Advertisements Column 1
      855 24 AN ADVERTISING FEATURE DVD revolution, B B B I B B H B but stuck with a lot of Hj B BE B B B BB B B 888 B B laser discs? Panasonic's II new DMR-E2O M recorder the h h generation device for ffl Bl nil II creating
      855 words
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      106 25 The future is here pq 2 Singapore's top sellers pa a Buyer's guide 2001 m m PLUS a chance to win PtrelN calender* JV t Vorsprung durch Technik www.audi-a6apac.com I* I :S the power that lies in your hands. m The high-powered A 6 le here. BcfIHHBP 1 B IHHPipP'
      106 words
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      32 26 s *v.-.-#»> -f. < Mi; 4-, i > f 'v. v > t -i, 4 t 1 > t SINGAPURA HH BUILDING SOCIETY LTD [_y Tama CondMon* Apply. M ntw oorael at *m tnw cf p>Mk<e.
      32 words
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      Page 27 Advertisements Column 1
      139 27 Land Rov.r DEFENDER 90&TY0 1 O Chevrolet TRAILBLAZER *JJ Mmrtmdm*-Bmmz M-clfllV Mitsubishi PAJERO m s—p LIBERTY u rD-lf JIMMY HMNhVIK" V Iteyoto HILUX c?; ra 50th anniversary! the Land Cruiser" I rWf a limited edition, I |C(tCA I go please order your copy early I I 4x4NagaslM (Singapore) Addrm: 33
      139 words
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      168 28 I Before you take your I next test-drive, attempt I this simple test. !t isn't everyday that yon encounter a car so mighty, it even outsold worthy rivals on their home turf. Which Asian car conclusively conquered the world's largest automobile market the U.S. by being rated America's bestselling passenger
      168 words
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      Page 28 Advertisements Column 2
      85 28 The Lexus RX3OO is fitted with a... aickonebo^ 4.3-litre V 8 3.2-litre V 6 D 3.0-litre flat six 3.0-litre V 6 SramFOßßnms If; Post Ihti coupon to: B*lMtonKliMby2ooM«nb«;2ool i Which is tho fttfittf car Km Voikswaoon Group Is' I VTIWVII Iw lllw IWW lißw I planning to buHd shortly? (Tick
      85 words
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      180 29 QiMRV Success in Motion It's like success. You can't appreciate it until you've got it. -J j ■J#*? 7 urw —"—Zf- -.<**♦'" #l»'-*' ■*>•■#•* s: jm The all-new Toyota Camry. To you. achievement comes easy and is. but .in indicator of what must be surpassed. worthy foe in life's fast
      180 words
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      424 30 SONY. Advertisement Sony mobile m h Magic Gate Memory Stick™ I Sysfeem-Up Player 9 a whole new car performance with Sony's in-car Magic Gate Memory player the MGS-Xl. The MGS-X1 player compatible as an upgrade to any Sony Master-Head Units that have the Sony Bus System Control (i.e. CD/MD changer
      424 words
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      383 31 Mercedes-Benz it a trademark of DiiiilerCkryiler.'Sr MMI The new facelift A-Class. Now with downpayment from $21,000, monthly instalments from $1,100 and guaranteed COE package*. -~'"jlht, «j 2 Brand new features Advanced safety features -24 ham STAt Asefot Elegant exterior dtrome trimmings Child seat recognition Qnk* Service «od ST At Diagnostic
      383 words
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      189 32 Mercedes-Benz Is trademark of DaimlerChrysler. p*i- ft" •<6. >' wfy rc?^&&&.% 3S^^--Iff -i-->- t".'*'<'*' &■■■>:*?■& T I I #m fl I fT I J 1 I j 11^ -.-5c w- a. v".*.<► v-j?*-, 1 '-T vSt'i fcr'f; v- V:* xiZ l .<- tij&-'* i*s' V"£'" *•*>' *v«*' <?'*' > >
      189 words
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  • SHIPPING TIMES
    • Article
      FREIGHT MARKET
      276 33 Reuters THE Baltic Dry Index (BDI) was unchanged at 873, the Baltic Panamax Index (BPI) lost two points to 858, the Baltic Handymax Index (BHD was unchanged at 6,897 and the Baltic Capesize Index (BCD was up three points to 992. Alcyon (built 2001) 75,247 dwt delivery Southwest
      Reuters  -  276 words
    • Article
      MARITIME STOCKS
      260 33 mtmmmi hto n w CWT Distribution 0.51 -0.01 13 CMC0lnvMtiMnt_a22 -001 1297 FralaM IMt 0.06 unch 208 GSMsMtags 0.48 -O01 18 MCHoWtagt-HK 3.60 unch 0 Jaya Holdings 0.16 aoi 229 KappolCorp 2.79 0.03 2066 KappalFELS 1.54 unch 0 KappalMarlna 021 unch 381 Kaapa4T*4a 1.09 unch 1290 Lapnoy Marina
      260 words
    • Article, Illustration
      Flag states will have to face external auditors in future
      641 33  -  Shipping industry most operate in a similarly transparent way as air and land transport: ICONS chairman By. Beth Jinks [SINGAPORE] Shipping flag states will one day face independent auditors with the power to strip them of registration rights, according to
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    • Article
      Using Inter-Club Agreement to settle a cargo claim
      742 33  -  ADMIRALTY CASEBOOK By! Selva Kumar A COURT in London has clarified how the latest edition of the New York Produce Exchange Form Inter Club Agreement would work when a shipowner settled a cargo claim and later sought to recover the amount from
      742 words
    • Article
      IMF asked to audit Liberian flag registry
      367 33  -  Fond to ensure registry's income is not used for illegal purposes By Donald Urquhart [SINGAPORE] Bowing to mounting international pressure, the Liberian government has formally asked the International Monetary Fund (IMF) to monitor revenue generated by the Liberian flag registry. In a letter
      367 words
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      Lloyd's sees record business in 2002
      176 33 [SINGAPORE] Lloyd's of London expects to do a record £12.3 billion (5532.59 billion) of insurance business next year as it cashes in on surging premiums resulting from the World Trade Center disaster. Lloyd's said it expects an increase of £1.3 billion over its 2001
      176 words
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      Ships passing Suez Canal hit record
      179 33 Xinhua [CAIRO] The number of vessels crossing the Suez Canal have jumped to 11,823 with 385,555,000 tons of cargo in the last 10 months, scoring a record high since the canal's inauguration in 1869, the state-run MENA news agency reported. Ahmed Fadel, chairman of
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    • POSTAL authorities
      • Article, Illustration
        Feeling the squeeze
        1055 34 Postal offices the world over have to adjust their strategies so as to survive competition from the private sector Cargovision POST Offices are being squeezed by a potential decline in letter mail and strong competition for parcels from the private sector. Their state sponsorship is also in
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      SHIPPING SCHEDULES INDEX
      229 34 PAOE AwraMp 5 Avant 10 l*Unf Mas 6 ISA 6 BSC 9 ITl tO 4 MMMO 9 CMACGM 3 COSCO 3 CtfrtrtfEi 6 Chthsyt tO CMniShpq 5 Confer 10 Cougar 6 t CWTCtoOHM 6 (Mm* 4 Djik LtoytJ 6 Dongninw 3 EPCjrrwn 10 Ea 4 EJIQIM 9
      229 words
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      SHIPPING GUIDE
      14769 39 THEBUSINESSTIMES FRIDAY, DECEMBER 14, 2001 EXPORT Page 7 ETA ETA Advartlsar VMS* voy aqa Tataphona SIN Dast n *«m« Nam* SuraDar NumDar To ABIDJAN (ABJ) 2003 Cote D'lvolre 22/12 11/01 MOL MOL VOLT A 1204 A 65-*****(4 24/12 K/Ot MfflM MERKUR BEACH 200W 65-*****44 24/12 01/02 China SApg
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        Lock icon CONVENTIONAL WHARVES
        621 43 v——i voy Ho Bftti Airjwj Ptpwtur JmiNrt Wtn» Tr* 12E M 13/12/0:40 13/12/lOJO MM 4269 1501 JO) 13/12/1:20 13/12/1500 03-Jw 16/01 J06 13/12/1:45 13/12/1700 M Haripw 3 ***** JOI 13/12/4:25 13/12/20^0 >' Ttund 0« OVOct J15 13/12/9:20 13/12/2100 V W 'wl* a *****1 J03 13/12/8:00 13/12/22 T«rtM» "1297
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        Lock icon CONTAINER SCHEDULES
        1715 43 RECEIVING OF EXHMIT FCL CONTAINERS AND La CARGO Booklng/Manc* Rstlf SWP VoyMo Etb/Btr Ptrlod Frw To From «DHMTMOI HMM 14/22*0 B 12/B00 12/1654 Dk-00 U 12/1700 0/065* '1/0*00 a 12/m» U/065* 0/0400 1 13/0700 O/IH* O/MOO 4 0/B00 0/MS4 H/1700 ACXEA6U am 1V20 00 B/1500 12/165* D«-OO 2A
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        Lock icon GLOBAL HOLIDAYS
        127 43 December 16 Singapore: Hari Raya Puasa Brunei: Hari Raya Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Deeaaibar 17 Singapore: Hari Raya Puasa Malaysia: Hari Raya Puasa Dan—bsr 23 Japan: Emperor's Birthday December 28 US Kingdom: Christmas Day United States. Christmas Day Malaysia: Christmas Day Italy: Christmas
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        Lock icon COCKETT BUNKER MARKET REPORT
        792 43 THIS report, compiled by Cockett Marine OH Ltd. «hows price rente* in US dollar* Instead of tingle price* for a more comprehensive description of the market. Prices shown are based on averegesiied stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
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        427 43 Cartaa ao Mu 903J 0.6 at 0.09 62 0.03 tact Dmtty Water NiMm MHta StataMt Mo*omE25 0 0 0 0 0 0 380 Am 907.3 02 13.5 0.05 29 0.02 lam 300 Ma MO J 0 J KX 0.00 M 004 »»A %m/m mm mm* »o
        427 words
    • AIR & LAND transport
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        Lock icon Delta complains to EU about American-BA deal
        430 44 US carrier wants it to determine if planned tie-np infringes competition law Reuters [LONDON] Third-ranked US carrier Delta Air Lines Inc added a European Union complaint on Wednesday to a campaign against a proposed alliance of AMR Corp's American Airlines and British Airways
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        Lock icon United Technologies sees 2002 profit beating forecasts
        435 44 Bloomberg [NEW YORK] United Technologies Corp, the maker of Pratt Whitney jet engines, expects 2002 profit to exceed the average forecast of analysts as its other businesses mitigate an airline industry slowdown and costs are reduced. Profit will be US$3.9O a share before
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        Lock icon Cathay sees 2001 being worse than 1998 crisis
        587 44 It faces steep falls in pmeittr aii cargo traffic Reuters [HONG KONG] Cathay Pacific Airways Ltd's chief executive David Turnbull said the current financial year looks set to be worse than 1998, when the airline posted its first ever loss amid the
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        Lock icon Airbus to make fewer planes
        67 44 [HAMBURG] Airbus planes stand in an assembly hall of European plane maker Airbus Industrie in Hamburg, northern Germany. The chairman of the Airbus mother company EADS, Rainer Hertrich, said on Tuesday evening in Munich, southern Germany, that Airbus expects to produce only about 300 planes
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        207 44 AFP [TOULOUSE, France] European aircraft maker Airbus Industrie, faced with slowing production, is preparing a new plan to cut spending by 10 per cent to finance the development of the superjumbo A3BO and avoid layoffs, a company source said after a
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        Lock icon Qantas resumes NY flights
        193 44 Reuters [SYDNEY] Australia's biggest airline Qantas Airways said it would reinstate flights to New York and increase services to Hong Kong in a response to a rebound in demand. The carrier, which cut services in the wake of the Sept 11 attacks on the United States,
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        Lock icon UAL unit may buy Bombardier jets
        208 44 Bloomberg [MONTREAL] Bombardier Inc, the third biggest maker of commercial airplanes, said a UAL Corp unit that sells companies ownership stakes in small jetliners may buy aircraft worth as much as US$632 million. The agreement is Bombardier's biggest for the eight-seat planes in at
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1512 44 ott ruair ro wit n» uorro 2230 no* zoo Aastertaa GA975 HOO UN 2300 BIB 648 M> Q<S mmmrnfim —4 QMS Aacttatf H242M 2020 S0T97 1545 S02M 2020 IMM 2025 KZ24 2025 S0*2tl 2025 M42SS 2045 mm am ■awn tnw tn» IIWO W W«M) 1350 IMtopw
        1,512 words
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      138 33 Postal agencies feel the squeeze Pg2 Delta complains teEllebeut Americen-BA deal BackPtg* Notice to the Trade Implementation of Port Operations Surcharge, Sihanoukville Port Feeder operators calling in Sihanoukville Port are facing increased operational costs. There has not been any improvement in efficiency and feeders cannot continue to absorb these cost
      138 words
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      694 34 I TO MA/CAHAOA 1 I EXPORT I I OTHER DESTINATIONS ~l |v«a I <ot I m TOAurmAUAtAurmAUAAturrfwiMi OOC. MfttW ***** 11/11 I IVII I 21/12 1/1 2/1 1/12/1 5/1 ygja VOY WG f ETA &m" 1 R( M STt) AM OOQMHKA ***** IVI2 I lf/12 I 4* 1/1 9/1 VI
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      582 34 Lirm larvicat rapraMrtad by sIKWR o**» ItagiHry of Ac^%i| oV'». Singapore Shipping Auociation -g»=. Sinoopore Logjrfa Auodalion CONttMRS/ CONVBITIONM CARGO ROM KXT KUMCAMMKXt/JMUUrtt IMNOKX VOT ETAPKL ETA SIN ETA MALE Prtw*Uh MM IMI IVU BUS Emr—Uty MM MM Ml it«i SWaTOMt JAKARTA QgMczm !ii ii!juij A l Vmml toy k
      582 words
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      830 35 TORJKOff FROM EUROPE lasso Ivor sm mi mi w «v sou in llvca wt [nomo ao av son iw sm NMBNCMOUMB WW 14/1? 01/11 07/01 a/01 I MnMNHBDOM 30X B/ll 17/11 S/ll 13/11 15/11 NTWNMMES 3MW 17/11 09/11 QS/91 M/»l a/01 MX Mf SIX 14/11 19/11 41/11 B/ll 11/11 mean
      830 words
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      1311 35 VA ttAin m« c MM|| f MRI f _1/ 1,1.19 MIM fgßr SWGAKXt: W IOMIgOWttm-* SMJB/WCS Tlb42ts»S7/4» ML mSMI/71 HtflTIM PiTif I MSS MMM THzV-tSNIM HUL •7-J5M171 COSTAR SIIPPWS PTi LTV J?**?"**" SEMP 12 5 1 msus/ys poctkiang mumd tMtzutM a NO: It WHOM HI TH; 226 IfN (MAM) MMttD(D'O)
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      191 35 *sa wr ai «r w £«s—"LW.jMt=dH=^t^t3En== lw ig,,llt *1 affl™ liF-ii —HI T— bbbbbb iits wi win* ivn aa? aw wn wii 1/1 mcwbm m_ MI wn a/n *a? _vi_ www j«s_ n/11 wu wii J/L VL _VL 888 l"fi fffl Km Ifl Mtt II |h*bb*mbh -I- 1 aa la/iilwillw»l
      191 words
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      1191 36 HMNEf HYUNDAI MERCHANT MARINE CO., LTD. wT TP m 111 m mm wv"! mm mm Mm 07/11 a/12 n/11 n/11 n/11 ntmit us a/11 M/ 11 15/11 1W M/ 12 mmm sm N/11 11/11 M/ 12 27/11 19/11 maupmua ma n/11 m/ii 11/11 m/ii 11/11 mm mow ii/ii 31/11 ts/ti
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      1032 36 M Wi IMHMMI HU'NMttltTI ™™gga?Wß, x&ar-*' sssShsss TOKYO/YOKOHAMA 1 MADRAS MV "ATLANTIC BUDGE" V.N209 MV "TIG« SHARK" V.93SN ETA SIN: 23-12-2001 ETA SIN: 20-12-2001 ADELAIPE/FREMANTLE PMBAI MV "OOCL EXPORTER" V.135 MV "MItIENU TOWER" V.006W HA SIN: 23-12-2001 ETA SIN: 17-12-2001 SHANGHAI CEBU MV "PAO NBXIOYD SHAOOfTON" V.066M MV "INTRA BHUM"
      1,032 words
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      1442 37 A Great Way— dubai Persian gulf WITH IRISL AGENT M SINGAPORE AGENT M MALAYSIA AGENT M MOOMESIA SMOSE MARTTME PTE UD CR N0 **********0H BOUSTEAO SHPttNG AGENOES SON. BHD. PT. SMOSE CONTI PERSADA TEL *****44 FAX: *****81 KL TEL: 03-*****300 FAX: 03-*****662 TEL: 62-21-*****33 MSL REP: MRECT TEL: *****38 PEN
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      549 37 i isn UK CONTINENT SERVICE Loadrig for OCEAN HOST RDM/ATW/BMN/UK/LPL PISCES EXPLORER RDM/ATW/BMN/UK/LPL NEW EMERALD RDM/ATW/BMN/UK/LPL 1 Singapore, EVW. Malayan, indonoau MIDDLE-EAST SERVICE Loading for MADRE DBl/ABU/DOH/BRN/DMM/KWT FAVORTTA J DH/AQA/DMT/TRP/TAR AUKRATOR JDH/AQA THEBES ADN/HOO/JDH/AQA RAINER DBl/ABU/DOH/BRN/DMM/KWT LOK PRATOP DBl/ABU/DOH/BRN/DMM/KWT ZEYNEP ANA JDH/AQA/DMT •Loads E7W Mateyva. Indonesia USA SERVICE Loading tar
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      1218 37 V&N WALLENIUS WILHELMSEN 10 NORTH AND UTIN AMERICA "<A* RORO HEAVTUFT SERVKE" ivtssa VOT iw IHBSHTj SW I JCI WAO IMU I SAV Ul ORT NTC KW MH WIOU AH2OI 4001«s 6JM 21/12 03/02 04/02 Ot/Ol 10/02 11/02 13/02 17/02 10/01 Um AH2O2 4001 MS 4JM 12/01 11/02 21/02 23/02
      1,218 words
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      1085 38 Ipfor vcsa m v au nv n ■okdbw ms* i7/ii v/n a/17 11/12 ■un nan mus* 14/12 vai */i 7 21/12 mi I SOCK 17M 71/11- Ml Ml Mt ■■MM M7«4W JVIJ Ml Ml Ml mranui omoitw tvit »/i7 mi ovoi \\m xSHKUSU OI7W 3H7- Ml KMJI IVDi I Ateo
      1,085 words
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      596 38 ffiSfl _JIAA RIM L tf H Yllil D AQUAitli/S Jm IS/12 JIZI3 02/01 M/Oi wTi ™i jfJS M W Aiaprtnf (gy to al UK inlwj iirtinaliom Wfc ttn/WBfWWUMIKB MBl-lIBOy WVKI lYKffl jm rn KM FOS m si^ I- T\- I_ A r H 1 t I I wupM| v|i iv
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      516 38 BSA jl MYANMA FIVE STAR UNE (MywNMr NcHmml Um) W LM«H YnfH vtssa vot sm ru ra pgu NPMM WW SU BON6U WW SIS Hum MM!: OOUSTUD SMPfMC AGBKKS ML IH 03-*****900 KL IB 03-*****101 ret ra 04-2****** rot ra 07-*****31/4 BANK LINE (A Mrvkt »f Aairtw Wtk SWppMf) I
      516 words
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      215 41 SASIA EXPRESS LINES I SMMNM MfIItJMIHNIIMQt SUPfMTSIIVKfS rasa *ot awwoß nsmemtm hmtibam num mamahs _jbol aim mmvam yarn?**t mmmm \mmnm MMCr UHK TO AMAZOMAS/MAMABS, If. BMAZIL TRANSIT TIMS 32 DAYS (PIKtCT CALL) BsEGEI SSELeS-*****999 FAX 603-*****340 s!??3ys;;"TZis ■jrrF"ggLg^iaMfaa^ ***** J.*.— CB No- **********0K PGU: TEL: 607-*****99 FAX: 607-*****99 KALIMANTAN PIUICT
      215 words
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      153 41 rasa wr Eureu my wy eqsm day HMuaxi iass HiuT" wu ~~ina Kim hi BMUSIMI MB HMg Hi HUM *****1 V UNA SIM I ***** lilUI SUN 1237* *****1 MM BMIASMM IMS 17.1101 MOW IflM Hll6l W MjASjMi icts if i ioi wa iaw a.llOl ihu BIAUSINU IMPS 20.1101 THU
      153 words
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      198 41 shippinb INDIAN OCEAN ISIANDS/SOUTH AFRICA vtssa m ni n to m m kunkm dm a pi ct f ll t tVOTOIS 17/12 20/12 23/12 24/12 03/01 01/01 10/01 11/01 13/01 REGULAR SERVICE TO/FROM CHtTTAOOWQ 4 MONO LA w«g I murrn anmm m—u BAM6LAH tHKHA tIW I TW2 1 tytt WKtMUM
      198 words
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      52 41 it win Mm mi /cMMM/BNBir/annMM IIV.E-MI iWtfNI MKT UU TO BMUI ititai n»iMM'iMiwti SUIIBi MMtfWl MKT (Ml 10 (HIM nt tinn iy.mwi_ HMU fW MM 888 IHMWI ■WTMH-WB SftCVU. lATB FOI MUMM PORTS QLmuvuimm •MUM IK I Mill BMC —I PMC |M— W KEEP ABREAST OF MARITIME LEGAL MATTERS IN
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      212 41 \yotam, BKinsawKcorn nil Mi ntnH (It IM Hod nMM/HMMI I ttfclW I vbsb vor jam saftv MstaxnoN UnStoi 10/01 12/12 14/12 till, iI MDm 06/01 13/12 15/12 bmm/rtm/him Mil* 22 09/01 13/12 15/12 sm* UanSx 12 12/01 13/12 14/12 lMiM| UwS»47 07/01 13/12 14/12 SMk/Mppi UMSIB3 11/D1 14/12 14/12 MN^UdOMm
      212 words
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      455 42 lm i Wmmmm MnJHHn|| I ISHnui liflSi niittw A IWO 725/01 70-70/12 fOEOKOMKIIK 06T I INBSHMI 1361 26-21/12 27 31/12 0445/61 I neartoi 135* 27 21/12 0241/11 10-11/01 I ntaMEHO 1315 30-36/12 FO6 OISOUKMG ONLY B TKaWgg 1376 07 02/01 01-13/01 1HM)1 I vcsa VOT 5W CM SM -mm 4woi
      455 words
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      707 42 VKSfIMAMI VOT SINGAPO6E POT (BJUtG OffUGOWG MONGU ru m rre ran» n> no oc homow own ■ow 17/12 19/12 11/12 n/n 17/11 wioibmw mm ea 19/11 21/12 21/12 25/12 29/12 «2!H§ wmio wa 10/12 21/12 21/12 n/n 31/12 61/01 64/61 mm aw 23/12 14/12 24/11 n/n w/»i w/» w/»i »y/»i
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      894 42 I lib IPDZ LINES I/# MM QBW SHMCZ: IK: 4J-t?l-iS* NUL 01-227-4190 I 1/ |gw*wmo—iooiwii—pnt» n GKWB ***** 13/12 6UOO i 1175 15/12 MM ***** 112/12 mm 2113* *12/12 ■■■>— 0»|l7/n 6MUAT ***** 17/12 «W ***** 11/12 J ***** I lf/12 BUAN-21H >11/12 MUM— tH-WH OSWfE ***** 20/12 GUOO 2117*
      894 words
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  • Page 43 Miscellaneous
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      112 43 LEGEND: laaued^Meteorologi caI Service Singapore K Thunderstorm A Showeri Rain emperature Cp/ yy |n(J jjjroction and speed in knots Cloudy D«y U SMConmon. O Full circle w/o fine indicates calm or light and variable winds j ;-j »gnt, «i.2ra half fleche represents 5 knots I Moderate, 12m- 2 5m I—>One
      112 words
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