The Business Times, 19 December 2001

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Total Pages: 28
1 28 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 107/03/2001 I Internet: http://business-times.asia1.com.sg/ S INGAPORE WEDNESDAY, DECEMBER 19, 2001 85C
    16 words
  • 75 1 m IfitXM (+25.15) ■Ml 64*37 (+8.65) ST INDEX FOTUBES 1,***** (+27.00) SIMSCI FDTDBES 197J0 (+4.30) STOCK MABKET INDICES Monday Change KLSE COMP Cloned NIKKEI 225 _10,432.17_+108.02 HANG SENG +21.16 SET INDEX ***** -0.64 JAKARTA COMP .Closed MANILA COMP .1,124.40 -1.6 TAIPEI WPI 5£29.19 -126J6 SEOUL COMP 643.76 -4J2
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  • 68 1 FOKEZ BATES us$ ss USS (SS per USS) 1.839 £(l"SS/SS per 1.457 1678 EURO(USS/SS/E). 0.902 1.668 DM 1170 1.180 YEN 128.3 89.80 RM 8.800 10(7 HKS 7.799 4242 BAHT 43.86 23.85 RUPIAH 10,157 5,524 PRIME SATES SINGAPORE* 5i» KUALA LUMPUR 6.40 HONG KONG 535 JAKARTA 89.00 TAIPEI S.79 TOKYO
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  • 719 1  -  -^exclusive 13% in poll axed staff; but Mercer sees second wave early next year By Anna Teo 151INUAFUKUJ Despite mounting pressures from head office, most multinational corporations (MNCs) here have managed to stave off retrenchment. But perhaps not for long. A
    Source: Wiiiam M Mercer; REUTERS  -  719 words
  • 307 1  -  Sales rise 7 times year-on-year as prices plummet By l Chua Hui Min [SINGAPORE] Liquid-crys-tal display (LCD) monitors shone bright in the Asia-Pa-cific amid the rough electronics landscape. LCD sales in the region (excluding Japan) soared almost seven times in the third
    307 words
  • 466 1  -  Slide to 128.40 fuels talk of eventual collapse to as low as 140 to the US dollar From Anthony Rowley in Tokyo THE yen continued to plumb new depths yesterday apparently racing to prove predictions last week by Japan's "Mr Yen", Eisuke
    466 words
  • 575 1  -  His family picks np part of Capita Land block through Petaling Garden Byi Andrea Tan [SINGAPORE] Tony Tan. who stepped down from Parkway Holdings as managing director barely 18 months ago, may make a comeback at the healthcare operator. Petaling Garden,
    575 words
  • Page 1 Advertisements
    • 86 1 msiPE Top stories S'pore economy: Smaller NODX drop for Nov gives hope of bottoming out. Pg 2 IMF cuts forecast for world economy. Pg 13 Australian-listed Circle Com calls off plan to buy Ipco stake in Mid-Con. Pg 3 ITE buys Philippine energy firm Salcon. Pg 5 Entire board of
      86 words
    • 9 1 Investors dump yen amid Japan's economic gloom, Pg 4
      9 words
    • 23 1 SUfTI EMFNTARY RETIREMFN T SCHI MP Cashflow vs Tax Savings ijl iv' V Af /y I |gr flMMMg|^gHS^^^9ftHMß|MßMßi g-^iMMI i np? KWK H
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  • NEXT page
    • 510 2  -  OCBC, DBS, UOB decline comment, unions have no cine By Angela Tan [SINGAPORE] Rumours are rife that several major banks here have made a collective agreement to freeze wages across the board from next year and that unions have been
      510 words
    • 712 2  -  Bnt TDB notes that global electronics demand still in persistent slnmp By Chuang Peck Ming [SINGAPORE] When nonoil domestic exports (NODX) were sinking fast from July to September, they kept surprising the market on the downside. The fall in NODX
      712 words
    • ON THE grapevinee
      • 91 2 9 J J THE Singapore Golf Association is holding the third monthly medal competition for members of its new SGA Golf Club at Raffles Country Club today. Established as a golf club sans real estate for those who don't want to fork out thousands of
        91 words
    • 450 2  -  CJ in Asia-Pac to be renamed Colliers Intl in 6 months after Canada's Colliers takes over By Kalpana Rashiwala [SINGAPORE] The Colliers Jardine business in the Asia-Pacific will be renamed Colliers International within six months following the announcement that a Jardine
      450 words
  • Page 2 Advertisements
    • 78 2 *gZ>~~ W rv—H^C^Hi iJHfi Marine Diver Chronometer Vi. 2** Marine Instruments with perpetual calendar -2 w-w OR OFFICIAL RATING CERTIFICATE ISSUED BY ULYSSE NARDIN ,n,c ,M L,u>c the Swiss Official Chronometer Testing Institute (C.O.S.C). Selfwinding movement. SINGAPORE THE HOUR GLASS Takashimaya S.C. Tel 734 2420 Scotts S.C. Tel 235 7198
      78 words
    • 9 2 Fall In electronics exports eases in Nov, Pg 6
      9 words

  • SINGAPORE companies
    • 327 3  -  They are unable to agree on certain terms and are terminating the MOU, says Ipco By' Ven Sreenivasan IPCO International says Australian-listed CircleCom has called off plans to buy its 42.4 per cent take in Mid-Continent Equipment Group Pte
      FILE PHOTO  -  327 words
    • 89 3 Reuters FORMER Overseas Union Bank (OUB) chief Peter Seah has been appointed a non-executive director of Capita Land, South-east Asia's largest listed property group. The move was not surprising as Mr Seah was last month made president and chief executive of gov-ernment-owned conglomerate Singapore Technologies Pte
      Reuters  -  89 words
    • 592 3  -  w:w:i lock siew] lee han shih shareholders got an early Christmas "treat" on Monday when they opened The Straits Times but it's safe to say that not many of them would have enjoyed it. The present, so to speak, was an interview with Francis Lee, the
      592 words
    • 380 5  -  Diversification by electrical equipment firm prompted by weak prospects Buy Ven Sreenivasan IN a move to diversify into the power-generation business, Singapore-listed electrical equipment specialist ITE is buying Philippinebased energy provider Salcon. ITE said yesterday it has entered into a conditional agreement to buy
      380 words
    • 193 5 SESDAQ-listed BBR Holdings said yesterday that its subsidiary BBR Constructions Systems (BBR CS) has won support from its creditors for a debt restructuring scheme it proposed in September. At a High Court-sanc-tioned meeting yesterday, the majority of two classes of creditors voted in
      193 words
    • COMPANY Briefs
      • 97 5 LAMirtA i bu wooo-uoonng maxer Asia uexor Holdings Is setting up an office and an 800-sq-ft showroom in Singapore as part of plant to expand its operations here. It will be the company's second overseas operations outside China, after an office it set up
        97 words
      • 125 5 LKN-Primefleld has agreed to seDtts 70 par cant stake in a suspended Shanghai residential property project for 20 68 million yuan (S$4J million). It will also teJl loans it extended to the project, Shanghai Changyu Real Estate Development, for 5.68 million yuan (Ssl .25 million). The
        125 words
      • 56 5 CHUAN Hup Holdings has sokl its 10 par cent stake in dredging, environmental and marine engineering firm Dredging International Asia Pacific for about $15.2 million cash. The buyer is its Belgian partner, Dredging, Environmental and Marine Engineering NV, which has operations in Singapore, Malaysia,
        56 words
  • Page 3 Advertisements
    • 153 3 lIBi^B HH n I BG spontaneous. With Gee!, you can do almost anything, anytime and anywhere, instantly. Ifs a suite of mobile data services that lets you get email, trade shares, access chat rooms and more. With a PDA, you can even surf the Internet. Running on GPRS, Gee! is
      153 words
    • 128 3 Budget Airport Transfer Budget Singapore's Airport Transfer service offers unparalleled transport to and from the airport At very competitive rates, we also include a professional chauffeur in the deal so you can rest assured you'll be in safe hands. Simply make your reservation thru the online form after logging in.
      128 words

  • SINGAPORE markets
    • Article, Illustration
      321 4 OTHER SINGAPORE INDICES Dae 18 VALUE CLOSE ITOEH 231.00 t40.0Q WOW -*****.00 -9.00 WlUgll -*****.00 +fe.QQ rnmtmrnm 4i7&i toruMiiniii 130; 36 SB TmWm Fte 1339.24 -H27.82 SBTpMnhM 418.03 +3.60 r MQftvpn 196.71 ■If I Fill 197.60 +4JSD:- Slocks VWMN Parkway H 25c 128.114.000 WahShingHKlc 16.461,000 WuofTice 5c 12,421,000 Chart Semiconductor
      321 words
    • 819 4  -  f 4 comment STOCKS ven sreenivasan SANTA Claus has yet to come to town. What seemed to be faint peals of Christmas cheer on the stock market yesterday were drowned out by profit-takers who scrambled to sell during the first rebound in more than
      819 words
    • 530 4 Some players awaiting end of BOJ policy board meeting AFP [TOKYO] The dollar rose against the yen in Tokyo yesterday on continuing pessimism over the Japanese economy with investors awaiting the outcome of a two-day Bank of Japan (BOJ) policy board meeting, dealers
      AFP; AP  -  530 words
  • 2663 4 UNIT TRUSTS FUNDS ASM Aaaro Amt Mgt (5'^ereJ Star Europe Eqty!* 0.7Mf Star Europe Id 0.988/ Star Europe Bal 0J77/ Star Asian Tiger Eqty 0.74W Star Asia Bond 1.211/ Star Asia Balanced 0M& Star Global Technology Fund 0 31* Star Bhw Finance Japan Fundi" 0.81* A* Govett [Ma) Ltd. Govett
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  • Page 5 Advertisements
    • 181 5 A GREAT INVESTMENT LOCATION mijl f r"' I I 1 V y," UNMASKED. oicnjn ownership A skilled .aid cdncjted workforce Widespread use of Enqlish A sti.iteqic loe.ihon ,il llie n ossi o.iil 0/ f ,is/ IVrst shippinrj lines A 1.11 t I V. l>< tisnl.lf Ik < 1 nil] Vorsprung
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  • SINGAPORE news
    • 331 6  -  MCL Land's The Warren joins best selling leagne Byi Andrea Tan MCL Land sold 141 units at The Warren during the long weekend, bringing total sales at the 99-year leasehold Choa Chu Kang condo to 301. Released a week ago, the 699-unit Warren, priced
      331 words
    • 559 6  -  Financial advisory formed after First Independent closes By I Serena Ng WELL-KNOWN former fund manager and stock broker Joseph Chong has re-emerged with his own company, called New Independent (NI). And he hopes to be running it for the next 41 years until he is
      CHRIS LOH  -  559 words
    • 306 6  -  By David Boey THE film making arm of US-based National Geographic Society and Singapore's Economic Development Board said yesterday they would jointly fund documentary production to the tune of US$l.95 million next year to help boost film-mak-ing skills in Asia. Dubbed the
      306 words
    • 219 6 COME 2003, those planning to take Chartered Financial Analyst (CFA) Level One examination can sit for it in June or December. The Association for Investment Management and Research (AIMR) said yesterday it will administer Level One of the tri-level CFA exam twice
      219 words
    • 321 6  -  =VJ=4 on the economy electronics By Chuang Peck Ming THE fall in electronics exports eased farther last month, led by improved shipments of integrated circuits. Figures released yesterday by the Trade Development Board show exports of electronic products fell 24 per cent year
      321 words
  • Page 6 Advertisements
    • 3316 6 SUPERBOWL HOLDINGS LIMITED _£=E=Egjjp (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company wilt be held at Merlion Room. Superßowl Golf and Country Club. 6 Manna Green. Singapore *****9 on 10 January 2002 at 11:00 a.m.
      3,316 words

  • Page 7 Advertisements
    • 120 7 Introducing Inspire The Next -w m m m •I X BE ..._iilimmi«• '&M% awßflfe4^ —MfcaE!: -^aifll iT J 'V;-*j_* T > M >.iw- ifii -i pr «jr jr- -Tjgy^gg? 1 —"SBHgWMWsa fttegaipßra JjwWMHWBHBasa -<-~ ■-^iMfaiiiiitiMiifff' 6 PP^>" iiiiWiliP BP* 9Hg@W?>' Silr I I IHBfrafo I .-..^aigtt MpPK-*' .■aan^P'W®"'* gs?F»rf H
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  • EDITORIAL & opinion
    • 781 8  -  SSTTT^j bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore/or 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT. BRITAIN is in the enviable position of experiencing
      781 words
    • 67 8 This could affect genetic research throughout the world. It's not good news for anyone.' girrw chairman of the China Soybean Society and an expert on soybean varieties, on a proposed patent by agro-giant Monsanto on genetic blueprints of high-yield soybeans. *It's like drinking coconut milk for years
      67 words
    • 588 8 EDITORIAL SINCE the 1997 East Asian financial crisis, Thailand has been anxious that it does not again become vulnerable to another sudden bout of capital flight from the country. Unfortunately, its economy has once again been found exposed this time to the recession engulfing the developed economies
      588 words
    • 1008 8  -  The Fed is providing excess liquidity to offset recession and deflation a strategy that should overcome excess capacity by late 2002 By\ Edward Yardeni The writer is chief investment strategist, Deutsche Bank THE US economy today is in the midst of a battle between the forces of
      REUTERS  -  1,008 words
    • 742 8  -  COMMENTARY By. Paul Krugman The writer is a professor of economics at Princeton University NTT "LIES. Arrogance. Betrayal." So reads Fortune's current cover, under the headline "The Enron Disaster". Sounds good to me. But Fortune may have overlooked one force for evil: trendy management theories.
      NTT  -  742 words
  • Page 8 Advertisements
    • 601 8 |^8y2flE^^B^^£S£E£52j^ij2£2!tiBM5!S2i*****L IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER Of AETHER RESOURCES PTE LTD (In Membert' Voluiitui y Liquidation) At an Extraordinary General Meehng of llie abonenomed Convpony duly convened ond held at 2 Hovelock tood #07-07 Apollo Centre. Singapore *****3 on Tuetdoy. 18* December
      601 words

  • REGIONAL news
    • 490 9 BANGKOK Mass resignation comes after hours of heated discussions at a directors' meeting reports AFP FRESH turmoil erupted at Thai Airways International yesterday with confirmation that its entire 15-mem-ber board had resigned ahead of a shareholder meeting later this week. The board was appointed
      AFP  -  490 words
    • 249 9 Bloomberg [BANGKOK] Thailand's share sale in its two largest state-owned telephone companies may be delayed after stock in the nation's largest oil company dropped below the opening price shortly after its share sale, a finance ministry official said. PTT
      Bloomberg  -  249 words
    • 284 9 Bloomberg [JAKARTA] Indonesia will embark on a drive to promote exports next year as it seeks to earn the foreign currency it needs to buy new manufacturing equipment and rebuild its economy, the country's top economic minister said. The world's fourth
      Bloomberg  -  284 words
    • 362 11  -  Foreign fnnds sell ont as dealers blame govt's mixed signals on deal From. Al Labita in Manila FOREIGN ftinds yesterday led selldowns of listed food and beverage giant San Miguel Corp (SMC) due to rising doubts atxmt its US$54O million deal
      362 words
    • NOTE Book
      • 75 11 Reuters [HONGKONG] Hong Kong's Pacific century CyberWorks has sold 500 million shares in Hikari Tsushin International, the electronics maker said in a statement yesterday. CyberWorks* stake in Hikari, held through a company callled Internet Configurations, represented about 10.72 per cent of Hikari's issued share capital and
        Reuters  -  75 words
      • 81 11 Bloomberg [HONG KONG] Hong Kong will review the pay policy for 18,700 civil servants as the city's economy slows and unemployment reaches a 21-month high. A study, to be completed by mid-2002 by three government advisory bodies, would investigate pay levels, the grading structure
        Bloomberg  -  81 words
      • 86 11 Reuters [JAKARTA] Swiss cement giant Holcim Ltd became the owner of Indonesia's third largest cement maker PT Semen Cibinongon Dec 13, the local unit said in a statement to the bourse. Last month shareholders of Cibinong approved a US$l.2 billion debt restructuring approval, paving the
        Reuters  -  86 words
    • 260 11 JAKARTA Ex-dictator in hospital for pnenmonia AFP, Bloomberg HUTOMO "Tommy" Mandala Putra, the disgraced son of former Indonesian dictator Suharto, was yesterday allowed to leave his detention cell to visit his ailing father, possibly for the last time. The condition of Mr Suharto has improved
      AFP,; Bloomberg; AP  -  260 words
    • 229 11 JAKARTA Bloomberg INDONESIA plans to issue a decree solidifying the central government's authority over its bonded warehouse zone in Batam, a few kilometres from Singapore, amid reports of local officials taking more administrative power. Domestic newspapers reported last month that the
      Bloomberg  -  229 words
    • 444 12 SHANGHAI Premier says sales resumption argent, after first selldown halted in Oct Reuters CHINA'S stock market watchdog said yesterday it was considering seven state-share selldown schemes. The proposals include share placements, buybacks, warrants, funds and establishing a new market specifically to trade
      Reuters  -  444 words
    • 309 12 BEIJING Talks come ahead of Friday deadline for Japan to press long-term sanctions Reuters CHINA and Japan will hold talks today in a last-ditch effort to resolve a festering trade dispute over Chinese agricultural products ahead of a looming deadline. The two
      Reuters  -  309 words
    • 229 12 SINGAPORE AFP CHINA needs to amend its preferential tax policy for foreign-invested enterprises (FIEs) as it undertakes massive reforms after joining the World Trade Organization (WTO), a research report said yesterday. Among the proposed reforms is a cut in personal income taxes
      AFP  -  229 words
  • Page 9 Advertisements
    • 275 9 Where to wine, dine and 111 fiss&r Stegi&Kgg am aB& Authentic! Traditional! Delicious! Christmas favourites at the Marriott Get your ChriStlMS Celebration off to a flying start with seasonal favourites at tlta Singapore Marriott Hotal. Treat your family, friends and business associates to our festive lunch, high tea and dinner
      275 words
    • 167 9 Festive Specials The Cartton Festive Celebrations are here once again... X'maa Buffet Dinner $48 Adult $24 ChiW New Year's Eva $58/ Adult $29 Child Buffet Dinner .Carlton Festive Ntte Stays X'mas Eve $218 (inclusive of festive New Year's Eve $238 buffet dinners) Al prices are subject to 10% service charge,
      167 words
    • 198 9 PIAGET Boutiques Singapore: #01-11 Ngee Ann City Tower B. 391 Orchard Road, Singapore *****4. Tel: 732 6831 Malaysia: Suria KLCC, Kuala Lumpur City Centre, Lot GO7B, Ground Floor, ***** Kuala Lumpur. Tel: 03-2078 7078 i PROPERTIES The Straits Times Classified. Classifications 402 568. bu» u. s<u u. find it. Join
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  • Page 10 Advertisements
    • 1789 10 TRADES RJJ R DECEMBER 2001/ JANUARY 2002 AN OFFICIAL NEWSLETTER OF TDB. URL: http://www.stdb.com S^tponlMi tri Dwetoqment Board Dubai Gateway lor— n np| |j| t-*i raging China Links ine Middle -bast Opportunities In China constituent emirate the 20%. Currently, there are some United Arab Emirates (UAE), 90 Singipote-linked companits TDB
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  • Article, Illustration
    1089 11 Transaction date: Dec 18 DTTBEBAWLOOSS KATES A$ c> faro rn Om m ixtitemii v« ww m n» ss m trnHmt ns 0513 4303 0375 3.773 1125 4.044 24.732 52.472 0.(65 6.682 1970 U41 31.502 26.747 0.953 6350 0J49 17.994 22.741 0.356 0519 CM* 1210 5295 0.700 4.643 1384 4.976
    1,089 words
  • Page 11 Advertisements
    • 180 11 Since 'Q TC out rtu'tdwvide sta" o» I over 275 multi-disciplined professtot.a 1 V W inckKtiitq lawyers chartered .KxcxinLwrts I J I chartered secretaries and bankers haw W M provided confidential and cost effective company formation in all the major Ioa B JBK including I l^Eg^3, Incorporation Fees from USS'iOO
      180 words

  • 1603 12 aumyuTuia Deem RUBBER (MmdHk( at SJOpa) RSS1 CONTRACTS CMbAg) Ctosa Vataaa Opaa mutt twr Satt (tonl totarart J*02 88.75 Fa» 02 89.75 Mar02 9L00 Apr/Jm 02 9225 BSS 3 CONTRACT (UScwtsA?) Vofama Opaa Mot* If «tt (to—) hhwt Jao02 4725 H50 Fab 02 47.50 47.50 47.50 100 1650 M*
    1,603 words
  • Page 12 Advertisements
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      156 words

  • WORLD news
    • 615 13 WASHINGTON 2002 global growth forecast at 2.4%; most Asian nations will strengthen AP, Reuters, Bloomberg THE world economy is headed for its weakest growth in a decade and its most dramatic simultaneous slowdown in 20 years, the International Monetary Fund predicted yesterday.
      AP,; Reuters,; Bloomberg  -  615 words
    • 401 13 TOKYO AP STRUGGLING to regain profits, Japan's Toshiba Corp will sell its US chip manufacturing operation to Micron Technology and will stop making DRAM chips. The prices of DRAM or dynamic random access memory chips, which are standard memory chips used in
      AP  -  401 words
    • 279 14 NEW YORK It has agreed to pay USs6o6m for role in scheme to cheat Japanese investors Bloomberg THE Republic New York Corp pleaded guilty in federal court on Monday and agreed to pay US$6O6 million in restitution for its role in a scheme
      Bloomberg  -  279 words
    • 272 14 Bloomberg, Reuters [MILPITAS, California] Solectron Corp, the biggest maker of electronics for brand-name companies, said it had a fiscal firstquarter loss because of slumping sales and reorganisation costs. The company had a loss of U5552.5 million, or 8 US
      Bloomberg,; Reuters  -  272 words
    • 407 15 C&v&llo urges early passage but it is likely to meet stiff opposition Bloomberg, Reuters [BUENOS AIRES] Argentina proposed a balanced Budget for 2002 that trims spending by 19 per cent from this year to 40 billion pesos (US$4O billion) in a
      Bloomberg,; Reuters  -  407 words
  • 5420 13 Transaction date: Dec 18 for more, go to UTWu-jasiaonenmarketsjcom HONG KONG Vol HO *4- H» AcroeAsu Multimedia 0.50 unch 0 Alpha General 0.04 unch ***** AmoyProp 8.10 -0.10 1019 Ananda Wing On 0.05 imch ***** Angang New Steel H 0.87 -001 5912 Anhui Conch M 1.58 -0.01 1818
    5,420 words
  • Page 13 Advertisements

  • 724 14 Transaction date: Dec 18 Om» a—i mmrnrn Om Omm CMC 0J2 2JM -flum IMM» 0.17 0M0 *0410 Captaund 1M 1.710 «OJM OCK U7 10.700 -OJOO OwrtMCondJOc 2JB 4J00 4JM OUC 040 UN 0*0w90t 2J2 MM «OJOO 042 0J70 <UH M»T& Outl 14J00 -OJOO ««1c 171 1.140 -MM OOSGfp UJ1
    724 words
  • 605 14 BONDS WARRANTS Last MCm bar aZ Ml flMli ftto *aart«B Utl AST1W*****1 225 i«h 10 1 16 1 169 30 Aon* Ltd W*****6 IS v**h 171 1 SO *35 256 35 Amtok WDS0610 32 iMtl 50 1 13 10 154 42 Armstrong W040S2C 4 1 10 6S 2.13 29 A®afcxx»VW*****
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  • Page 14 Advertisements
    • 388 14 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
      388 words
  • Page 14 Miscellaneous
    • 325 14 CRYPTIC CROSSWORD 1 Bound to managers a 10 Return stove getting identh cal replacement (3) 10 j I I I I 1 1 I 11 Fund manager makes rate ■B~ review comparatively cer--12 Disintegrating Mir noises JH are in abatement (9) 13 One musical work —or any Produced staple food,
      325 words

  • 5888 15 Transaction date: Dec 18 for live prices, log on to wum.asiacniemarkets^om 5H» UM Vol Day Lact Qaota GrO* Dtv OrYW MM MCas «U«j t— m» w- fww w# i— any s«a» c*w ni t3 price 9 6 ABNAmroNLG 56c 9 3.4 131 39.5 8.5 c AC£ Dynarv»cs20c 11
    5,888 words
  • 44 15 SI IIQWi GrfH. M» CrVW MM MCm Ma r 'f-1 w- flU im, Htm Cw Ht $3 h3 11M0 »10 s Diamonds US9900cd 6890 s SDJUSTk* USMH S» s BMSOSpore. UMSM 12M0 »70s ISSAKOO US 1 ISM 1J150 WSO s SPO« USI179M
    44 words
  • 1396 15 4"S- c-,-, a a .fu.gr-a.*t s'a-a I'lroSr.!' :i s S 2 S 21 s 1! "S 2 —2* «> "> s 10 a? u u 91 <s W 28 c A5JHldgs20c .,..,28 -10 31 II H 47 as 1472 20cASTI10c 38 unch 73 38 5 38 38 39
    1,396 words
  • 396 15 If* pt UMQmM CrM» Mo GfYW MM MCaa H» Clim ISala W- ■—> t— S*i Or W «3 110 to AVJemings A25c A 81.5 79 5 S« 40 14 123 4.7 175.4 Cathay Pac 20c MK. 720 265 2.1 7.4 6 *****2 Owivig Kong50c HK 1780 240 61
    396 words
  • Page 15 Advertisements

  • EXECUTIVE money
    • 904 16  -  The Supplementary Retirement Scheme may only make sense when household income is at least $100,000. GENEVIEVE CUA finds out why GENEVIEVE CUA SO who needs a Supplementary Retirement Scheme (SRS) account? You have less than two weeks to open one and invest if you want
      904 words
    • 924 16  -  inside ImTh? frraw Heavy buying in Sing Tel, Goodwood; sales in Frontline By\ Robert Halili The writer is managing director of Asia Insider Ltd. He is assisted by Ngia Soon Chai in Singapore SELLING pressure on banks and other index-linked blue chips
      924 words
    • 511 16 IF you're in the high-income bracket, and job security and cash flow aren't issues, you should consider putting money into the Supplementary Retirement Scheme. The scheme goes some way towards addressing the dire shortfall in post-retire-ment savings that could arise if'one
      511 words
  • Page 16 Advertisements
    • 592 16 Singapore ttfiP Holdings SINGAPORE PRESS HOLDINGS LIMITED (incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of Singapore Press Holdings Limited ("SPH") will be held on 11th January, 2002 at The Auditorium, 1000 Toa Payoh North,
      592 words
    • 14 16 Executive Money takes a break for two weeks, and will resume on Jan 9
      14 words

  • SHIPPING TIMES
    • 133 17 Reuters THE Baltic Dry Index (BDI) fell two points to 868, the Baltic Panamax Index (BPI) was unchanged at 856, the Baltic Handymax Index (BHD dropped eight points to 6,882 and the Baltic Capesize Index (BCD was down four points to 962. TXME-GHABTERi Amazon —(built 2001) 74,875 dwt
      Reuters  -  133 words
    • 271 17 vkh *h m CWT Distribution—0.52 -002 12 Chuan Hup .0-39 0.01 202* Cosco Mvastmant— -0.01 375 FraiaM Links 0.06 unch 5 G8 HoMnqs 0.46 unch 0 IMC Holdinqs-HK—5.60 unch 0 JayaHokHnqs 0.16 unch 339 KappalCarp 2.79 0.04 Ml Kappal FELS 134 unch 0 Kappal Marin* 021 unch 19
      271 words
    • 464 17  -  Afew key ports rather than several decentralised ones advantage: SCC By] Donald Urquhart [SINGAPORE] The downturn in the cruise industry which in Asia has seen Star Cruises pull out of Japan and Taiwan may actually be a boon for Singapore according to the
      FILE PHOTO  -  464 words
    • 297 17 Slowing world economy may reduce orders next yean official Bloomberg [TOKYO] Japanese shipbuilders' orders rose 28 per cent in the 11 months since January, compared with the same period last year, bolstered by diverted business from overloaded Korean rivals, an
      Bloomberg; FILE PHOTO  -  297 words
    • 304 17  -  By] Beth Jinks [SINGAPORE] The Grand Alliance's container capacity in Europe-Asia trades will be cut by more than 15 per cent from next year, members announced yesterday. The alliance made up of P&O Nedlloyd, NYK Line, Hapag-Lloyd, Orient Overseas Container Line and MISC is
      304 words
    • 114 17 Beth Jinks [SINGAPORE] The Hong Kong Port and Maritime Board will toughen its rules on crews working aboard local vessels, it announced this week. The government will introduce new laws covering Hong Kong's merchant shipping "to increase the openness and transparency of
      Beth Jinks  -  114 words
    • SHIPPING news
      • 784 18  -  STRAIT TALK By\ Seafarer TWO very different subjects have come to Seafarer's attention this week, European Union (EU) discussions on a regional maritime safety agency and Carnival Cruises' attempt to take over P&O Princess, in the process stymieing its rival's planned merger with Royal
        AFP  -  784 words
    • 213 18 PACE Append* 5 Avjflt 10 B'tang Mas 6 BSA 6 BSC 9 BTl 10 Balaji 4 Batamindo 9 CMACGM 3 COSCO 3 Central Ex 6 Chahaya 10 China Shpg 5 Confer K) Cougar 6 CVT GtoMtnk 6 Del mas 4 Djak Lloyd 6 Oonqnama 3 EP Carriers
      213 words
    • 14729 23 THEBUSINESSTIMES WEDNESDAY, DECEMBER 19, 2001 EXPORT Do ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Nam Number Number To ABIDJAN (ABJ) 2003 Cot* O'lvoir* 26/12 01/02 CMACGM VILLE OE VIRGO 15ZW 65-*****00 26/12 09/02 COSCO EMPRESS PHOENIX Omw 65-*****00 21/12 M/01 MOL PONDARICA 1305A 65 ******6 30/12
      14,729 words
    • SHIPS IN PORT
      • 537 27 Vm*< Voy No Nrtto Arrtvl Ptftrtf jmM Mm Mi JW202 J02 */12/7:45 */B/2339 SlIolM 1202 J06 WQ/SJS */B/2000 Twain 1 ***** J03 18/12/7J5 W12/2200 tw muoo J02 nwr-M */i2/*oo El 23 240 J02 H/B/I030 B/U/T7.30 SMirifcUMi J***** J02 */B/M5 WB/2339 r *-f rtm 122*0) joi wamoo wwzwo U*
        537 words
      • 1755 27 RECCIVWO Of EXTORT FCl CONTAINERS AND LCI CARGO Booking/Bo Unco Rstls Voy Wo Ett/Btr Period From To From A f MOCUIR 202 2V2flO IA WHOO WMW WW WHOO W*59 W*OC a ia,voo wotw wowc 2S wttoo wotw wowo 1 WOJW IM* WMW 4 wmo wmw mm AH. mama
        1,755 words
      • 89 27 Din-In 23 Japan: Emperor s Birthday nmiwliras US Kingdom: Christmas Day United States: Christmas Day Malaysia: Christmas Day Italy: Christmas Day Finland: Christmas Day Brunei: Christmas Day Canada: Christmas Day Australia: Christmas Day Argentina: Christmas Day Belgium: Christmas Day Denmark: Christmas Day France: Christmas Day Germany: Christmas Day
        89 words
      • 797 27 THIS report compiled by Cockett Ma rine Oil Ltd. shows price ranges la US dollars instead of single prices for a more comprehensive description at the market. Prices shown are baaed on average sized stem Market movements are indi cated The Cockett Bunker Price Index change
        797 words
      • 450 27 Cmtm 180 Mu 990.4 04 144 0.09 62 0.03 toco Dw*y Mr IhMm HHUbIiIib No Wow E25 0 0 0 0 0 0 380 Aw 917J) 02 U.4 0.05 31 0.02 tna 380 Ma 990J 0 J 16.0 0.06 66 0.04 «W »M» »MrfM W —mt
        450 words
    • AIR & LAND transport
      • 721 28 Justice Dept wants divestitures of rights to at least 126 trans-Atlantic flights each week NYT [WASHINGTON] The US Justice Department urged transportation officials on Monday to reject a proposed alliance between American Airlines and British Airways unless the two carriers sell some landing and
        NYT  -  721 words
      • 379 28 20% redaction in work hoars will avoid need for more job cats amid slump AP [TOULOUSE, France] European aircraft maker Airbus plans to cut 500 jobs in Britain and will reduce the total number of work hours for all its employees
        AP  -  379 words
      • 190 28 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd and British Airways pic have agreed to expand an existing alliance on Asian and European routes, a move that win make travel using both airlines easier and may help raise sales. Cathay, Asia's sixth-largest airline,
        Bloomberg  -  190 words
      • 342 28 Bnt move will be gradual, dependent on negotiations Reuters [HONG KONG] The Hong Kong government said on Monday it was committed to the "progressive liberalisation" of its air services regulations, but added that does not mean it would open its skies to foreign carriers.
        Reuters  -  342 words
      • 171 28 Bloomberg [BANGKOK] Thai Airways International Pel has asked the three top candidates for the position of president to present their four-year strategic plans for the national airline before making a final selection for the job. "We accept the recommended list of (12) candidates
        Bloomberg  -  171 words
      • 334 28 Bloomberg [AUCKLAND] Singapore Changi Airport Enterprise Pte has sold its 7 per cent holding in Auckland International Airport Ltd through a placement to institutions. Changi said the 30 million shares were sold mostly to international investors at NZ$3.5B, a 6 per
        Bloomberg  -  334 words
      • 203 28 Reuters [NEW YORK] Delta Air has said it had reached a tentative deal with its pUots that win allow the airline to trim costs as the industry continues to struggle in the aftermath of the Sept 11 attacks. Under the deal, Delta pilots can
        Reuters  -  203 words
      • 873 28 an man t» man n» kmtttrUm S0052* 0W5 HUM 2300 Ml Qg Imtrnmt aw IMS MVMHM VMi 0905 aa ■wttrt SMI n05 SOU 0050 smu 1720 6M22 000 KKt IBS TG404 1240 SOM 1305 SOM TC400 IMS T64U trx SOM *30 WO 2000 TC4I0 2020 S0974
        873 words
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    • 646 18 L JPUSVSAHAOA I EXPORT I I 6*m fltmtlWOM I i^n?| OOdKWrOM I*ol 01/01 I 02/01 I 11/01 n/01 23/01 2VOI 73UVI 24/01 WT W [jj] W W STi W ooaww 54HJ2 01/01 W/01 2VDI 29/01 30/01 SVOI 30/01 02/02 PORW "5 H/12 25/12 04/01 04/01 01/01 11/11 l„ i wnwof
      646 words
    • 631 18 unci service* represented by Membwi of Regiilry of Members of ihe gfj Accredited Shipping Agenh, 'jZIiT Sin 9 a P or Logics Singapore Shipping Association >W< Auociotion g ULY UNI MALI 1 visa vor Ira ra Tra P. RUNG SfOtl MALI PHncwiUty VQ9OI 19/12 21/12 29/12 EmpcwtLily VOlO2 05/01 06/01
      631 words

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    • 1402 19 TO EUROPE FROM EUROPE vtssa vor sin rtm am ham «v sou uh llvcsa voy rim am ham m sou in aT| APICORAI 103W 20/H 12/»1 09/01 10/01 07/01 An JAM 10W 02/1221/11 JO/1127/1I 20/12 MOIMAAS S47W 21/12 N/01 01/01 11/01 12/01 HYUNDAI GBCRAL 3341 01/12 04/12 04/12 29/11 22/12
      1,402 words
    • 1640 19 TO UUM T/TsISMVS 1 VP PlftAitS 1/11 It MYS I TMtSTI T/TilliftYl J WSIIgyO»I L SO ROIINSON ID #12-00 SALfS/OXGS TEL *****57/43 MX: *****21/71 HAMifffffff i MSN GUDANG TO:07-******* HUL 07-*****70 COSTAR SHIPPING PTE LTD oum«o(»/u wjm *****25/7S foot hang oHnuui ohtomi C 8 NO: **********0 M TIL 22* IfN
      1,640 words
    • 287 19 Bj| m sm jkt sui bwmhwbk lits w? iyi? lITW H/II ?yi; ?yi? ?yi? yi? I/i WWDMSWIB *m_ ?1/1? JVU »TJ_ _l/l_ J/l_ _Vl_ g|[ fs— ffili SB HMMMMMU an a/17 vi? A/i? iMMTffffT ffiffnrTTTll^^MMß mmtmma i« iy» p/ii 1/1 ygsa wr m me mo sw uo hsk mmm, im
      287 words

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    • 1258 20 HYUNDAI MERCHANT MARINE CO., LTD. Iwga wi TT soul mi rib lam I |mv ivtaa |wt |mm I ibi |am 1 nab Im~ m HYMEMCSS 334W 17/11 01/01 02/01 03/01 OS/01 BOIBBi $431 10/11 01/11 15/11 77/11 liTll" APICORAI IO3W 10/11 07/01 11/0100/01 10/01 APIJIK INI 24/11 01/11 »/l1 10/11
      1,258 words
    • 867 20 Carrier MM COm LMES, MC r.aiomkpnmim XzJcmmkUi 111 mmsiim MAMLA: (032) *****24 PENANO: (04) *****36 BANGKOK(M2) 23*4057 SURABAYA: (31) *****11 P- KELANQ: (03)30—77 JKT (21) 0000X6 KUCHHQ (002)*****1-3 MM 1 MUMBAI MV "WAN HAI 165" V.H049 MV "ACHKVBt" V 1412 ETA SIN: 24-12-2001 ETA SIN: 27-12-2001 AOEmPI/FRHHANTI.I PORT LOUIS MV
      867 words
    • 506 20 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUNO TO: COLOMBO A NHAVA SHEVA (CF* MUUJND, MUMM) ALSO ACCEPTING TO AU NORTHERN AMO WESTERN CO POINTS wnan— IWWI rw laMMolMml op—c— lon—c— WHBA WHMCH WO SO SOOMf MMC 71 OK IJM mmi HUN MOM MM9MIII4] W unuMuntss mm iiok 7m 7m mum mmnt WSMSTOMIIN
      506 words

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    • 1608 21 IVtSStL VOY KHH HKQ SIN PKI DM I Ml I DMAA UK MV UNDAVtA PCL-238 16/12 17/12 22/12 23/12 30/12 31/12 02/02 04/02 IRANKERMAN PCI-239 23/12 24/12 29/12 30/12 06/01 07/01 09/01 11/01 WAN ISFAHAN PCI-240 31/12 02/01 03/01 06/01 13/01 14/01 16/01 18/01 IRAN HORMOZGAN PCL-241 06/01 09/01 12/01
      1,608 words
    • 553 21 i k UK CONTINENT SERVICE Loading for PISCES EXPLORER RDM/ATW/BMNAJK/LPL NEW EMERALD RDM/ATW/BMNAJK/LPL Loads Sngapore. E7W. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for MADRE DBI/ABU/DOH/BRN/DMM/KWT FAVORfTA J DH/AQA/DMT /TRP/T AR AUKRATOR JDH/AQA THEBES ADN/HDD/JDH/AQA RAINER DBI/ABU/DOH/BRN/DMM/KWT LOK PRATOP DBI/ABU/DOH/BRN/DMM/KWT 2EYNEP ANA J DH/AQA/DMT "Loads Sngapore. E7W Malaysia. Indonesia USA SERVICE Loacftng
      553 words
    • 1293 21 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVKI* ivissa VOT |m»p ihughti sm i lk-i map i mia j sav i ial otr ntc I mw I moo TAftOU AH2OI 400T«h 6.3 M 21/12 03/02 04/02 01/02 10/02 11/02 13/02 17/02 19/02 TAMPA AH2O2 400T«m 6.3
      1,293 words

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    • 648 22 WEEKLY SERVICE TO SOUTH AFRICA SOUTH AMERICA CXtttSOAfCffTCAIGO TO BO GIAJIOt.SAORUWOStO DOSUIANOITAJJUVUMOWTFVIOtO) Vmd *«ww S—ft Qb P. ('Hwi iJUrri P——« sft Frntfam CanMiMf FIIOSS 24/12 05/01 07/01 07/01 W/01 If/01 21/01 23/01 25/01 H«»(Mtou> MT1055 ~ji7i2 i! 701 u751 u7si f*7sl S7oi m\ Sffii 0i76? LtMdMTMf LTBTTS ***** H751 JT7SI
      648 words
    • 989 22 TO: w/woffra EuiK)fi rotn wfflQY VBSft VQT I SIN Ml SOU mam |tm tM i fH SAM JEPPAH lifflf 21/12 22/12 08/01 10/D1 11/01 IS/01 13/01 mmim lflL urn 27/12 13/01 iSS u/S 8/K H/K ISAUDI JukAJL ISCW OVOI Q?'oi ?o! 01 ?S-gi k/Ql Uuftonf tor jo to ol UK
      989 words
    • 584 22 I BSA iTI MYANMA iBBk FIVE STAR UNE (Myoamir Notioaol Uot) loodiag (or Yaajoa vtssa vor sm pu ph pgu HP*** 20tW Sl* MONG U WW SU) MAIATSI* AGENTS: OOUSTEAD SHIPPING AGCNOtS KUL Til 03-*****300 PEL TH 03-3176*101 PEN: 1U 04-2****** PGth TH 07-*****21/4 BANK LINE (A service Aa4rew Weir
      584 words



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    • 414 25 m SASIA EXPRESS LINES I SMGWOM KWT: JMMN! UH[R SWfORT SERVKES VKSa w SW6APORE PAaRCTPAMG PORTmAMG rBUWG HlftHftlß 6 yT 1?-W0i/2002 —MJMKM swwwKMar MJBKMK IS-IZ/DI/MW DIRECT UHK TO AMAZOMAS/ MAMAUS, M. BRAZIL TRANSIT TUU 32 DAYS (DIRECT CALL) IF nouK/cutrma jam* sootm Aeons a west Malaysia iJ&fh TEL *****33 Fax:
      414 words
    • 226 25 MIIR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA rasa mu mm n pi n rrmon mm a k ct fIIII Ani VOYOIS 10/1J n/lJ 2S/1J 17/11 OS/01 10/01 12/01 13/01 15/01 ii—i mtm iip ip"iiji qnjijr mom mwiISKSMPPMG A6OKSS PTI IID. mmm.-wtmm •MUM SNW «I:€n»50/l n&ZMtt OWPBWBc glTStt IWnmiWl WIHB msunmm mtnunma
      226 words
    • 42 25 KMUUt MUK-MU /COtOMO/MMAV/CMTTMOM l-OM SWUTOtI T" M(Ct UU TO MHUAJ if-tMWi tu wmt;.u-mt S'U »«1 UMUOtI MHO UU TO (OUBM SJ2JSJ ni(otoMoiMi.w«i WWW hbsakw ooriMoat auo I»IHWI a«YT man 10-immi a aai bwmm KEEP ABREAST OF MARITIME LEGAL MATTERS IN EVERY FRIDAY
      42 words
    • 241 25 hESE BWmSMMMUPHIIIH \kKA M ittimniUMii P«d UMM/UIHH I t at i« mmmm I rasa VOY SM ETA SM TO KSTMATKM SagrCmd 16/01 17/17 11/17 Dn^im taws* 77 12/01 11/T7 19/17 S^/VPw* UmSulO 08/01 19/17 20/17 taun> (ha Si* 17 12/01 ip« 75/17 famn/tog UmStol 10/01 20/17 71/17 Us»m» I)MS*77 09/01
      241 words

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    • 496 26 Tl6B SHAM 93N 7121/)? 77 31/11 05-M/01 I neaKUNO 934N 75-75/17 XO3/01 ot-09/01 I TlCaftMl 93SN WW/17 04-00/01 13-14/01 I TKaiKES WW 01 02/01 07 17/01 lU7/0I I coHnooa 4i7 2fS7i2 oTWoi iTT77SI I Tl6O CXEEK 4IKM 79 30/17 05-07/01 14-17/01 I HWSSSPOIE 371 03-04/01 09-11/01 70-71/01 I _H6BQJff 041
      496 words
    • 764 26 IVBSaNMK »OY SWGAPOtE PORT KELAMG CHfTTAGONG MONGU EW ETD EU ETD EtA ETD PC HONOUR 07N030 WON 17/12 19/12 19/12 23/12 27/12 lUO HSIUNG 00NQ22 TW 11/12 20/12 20/12 24/12 21/12 (Xninu WP 19/12 21/12 21/12 20/12 31/1? ~~IT/H >4/01 XTEAI 01 Ml 11 SUN 23/12 24/11 ***** a7T) 02/01
      764 words
    • 962 26 I I Dn# I lIVI Km W <>440t137M*****4C Hte//i A* 11 in I I wMY lMU£m LlllCu ■a* I*o2-221-1333 to: 42-221-5272 I J I TowGJoe~Jlmrnvtt OWOMamtWLWHI-uh FAJLn-m-tm I os^m^^3s3F?F^E? GWUAT ***** 24/12 «100 ***** M/ 12 GUAM 2129 2S/12 OUR ***** ***** MV nm "21/12 «SWH ***** 27/12 GKI 211
      962 words

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  • Page 27 Miscellaneous
    • 119 27 I LHQEND: luued by^l«^o^ogica^ K Thunderstorm Showers Rain Temperature Wind direction and speed in knots Cloudy Day W ,h Ha TV Wind speed symbols Conditions O Full circle w/o line indicates calm or light and variable winds j Sl, 9 ht *1 2m -'—•One half fleche represents 5 knots Moderate
      119 words