The Business Times, 21 December 2001
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2001-12-21
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The Business Times
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Title Section14 2001-12-21 1 THE BUSINESS TIME MfTA (P) 107/03/2001 Internet: http://business-times.asial.com.sg/ SINGAPORE FRIDAY, DECEMBER 21, 2001 85*14 words
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Article77 2001-12-21 1 □m umxi (-2.17) □sr-ai •48.44 (-0.87) 8T oqez nrroBES VMM (+5.00) SDDGIPUTOIES 196.70 (+0.80) SITXX MARKET INDICES Thursday Chanise KLSE COMP 082.45 -1.67 NIKKEI 226 _10.4S4.62 -97.41 HANG SENG *****.14 +36-91 SETKDEX 297.92 +2J8 JAKARTA COMP J77.8I *176 MANILA COMP J.1IM7 *10.46 TAIPEI WPI 5,309.10 +87.14 SEOUL COMP77 words
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Article64 2001-12-21 1 F08EX SATIS USS St USSfSSperCSS) L836 2(US8/SSper2) 1.449 1669 EUBO(USS/SS/E). 0.898 1.849 D* 1177 1.186 YEN 69.90 1281 EM 8.800 1070 HKS 7.798 4.24b BAHT 48.87 23.90 RUPIAH 10,119 5,609 PBDKE IATES SINGAPORE* 516 KUALA LUMPUR 6.40 BONO KONO 615 JAKARTA 39.00 TAIPEI 6.79 TOKYO 1.375 SEOUL 9.55 FRANKFURT64 words
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794 2001-12-21 1 Economy Minister resigns amid fears of destabilisation LAT-WP. AP, Bloomberg, AFP [BUENOS AIRES) After months of escalating economic crisis, Argentina boiled over yesterday in a wave of street violence and looting, raising alarms that Latin America's third-most populous country is being destabilisedLAT-WP.; AP,; Bloomberg,; AFP - 794 words
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Article, Illustration688 2001-12-21 1 Teh Hooi Ling - With launching of ASX link, SGX keen on direct trading links with other exchanges By Teh Hooi Ling [SINGAPORE] The Singapore Exchange (SGX) is in detailed discussions with the Tokyo Exchange for the mutual trading of equities and derivatives. Disclosing this yesterday at theCHRIS LOH - 688 words
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Article, Illustration357 2001-12-21 1 Eugene Low - T&nChingYeeto take over at IDA from next July By] Eugene Low [SINGAPORE] Yong Yirg-I will step down as chief executive of the InfoComm Development Authority (IDA) in January and assume the post of Permanent Secretary for Manpower. She will take357 words
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Page 1 Advertisements
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Advertisement113 2001-12-21 1 DBBDB Top stortes AT&T merges cable unit with Comcast In USs72b deal. Pg 14 Tokyo plans to cut govt spending by 1.7%. Pg 16 UOL revives plans to sell Tiong Bahru Plaza. Pg 2 Retail rents expected to fall up to 10% in H1 next year. Pg2 Wing Tai, Sun113 words
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Advertisement68 2001-12-21 1 TheßusinessTimes "1 1 fm weekends In our final Christmas instalment, What's In Style tomorrow brings you the ultimate gift guide what to get for those who have everything. And if you have trendy youngsters on your list, check out our suggestions to keep them the Pius, last minute food ideas68 words
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Advertisement68 2001-12-21 1 Domingo CavaUoe The economist Argentines love to hate, Pg 3 Mr -J^l 11- ffifl You never Vjt, I v^y actually own a Patek Philippe. You merely look after it for the next generation. f£ 4T Roy Eastern Watch #01 86/88 #01 74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel:68 words
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ON THE grapevine
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Article64 2001-12-21 2 A SHOPPER keen on a $20,000 sapphire set was recently overheard bargaining at Larry Jewelry: "C'mon, give me more discount. Times are hard you know. So many retrenchments." But jewellers also are trying to use the downturn to their advantage. In promotional fliers, Chip Lee64 words
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64 2001-12-21 2 ACCORDING to AMI research company, only one third of Asians celebrate Christmas. The predominantly Catholic Philippines heads the list with 97 per cent of respondents celebrating. Interestingly, Singapore and South Korea ranked a distant equal second at 40 per cent. The survey also64 words
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Article54 2001-12-21 2 SOME Indonesian MPs are planning an all-expenses-paid jaunt around Asia to study the perks accorded to their peers, says the Jakarta Post. Parliamentarians from the National Assembly's in-house affairs committee will undertake the "comparative studies" trip to compare their salaries, benefits and office facilities with those of legislators54 words
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Article, Illustration469 2001-12-21 2 Kalpana Rashiwala - It is renegotiating with a GRA-linked private fond after earlier talks failed Bl Kalpana Rashiwala [SINGAPORE] Wee Cho Yaw's United Overseas Land (UOL) is back at the negotiating table with GRA Singapore to sell Tiong Bahru Plaza mall to a GRA-man-aged private469 words
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Article, Illustration740 2001-12-21 2 Kalpana Rashiwala - OUTLOOK ETiTSEI By Kalpana Rashiwala [SINGAPORE] Retail rents in Singapore are expected to ease by as much as 10 per cent in the first half of next year because of the cautious short-term business outlook. But rentsSource: CB Richard Ellis - 740 words
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Article198 2001-12-21 2 IN yesterday's report "CPL, Times Pub holders urged to accept F&N bids", we said that the offeror Norford had received irrevocable acceptances amounting to 84.4 per cent of Centrepoint Properties' issued share capital from parties acting or deemed to be acting in concert namely, F&N, F&N Investments,198 words
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Page 2 Advertisements
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Advertisement71 2001-12-21 2 Gk7 gerald gen fa >HlfS SINGAPORE THE HOUR GLASS Takashimaya S.C. Tel 734 2420 Scotts S.C. Tel 235 7198 Lucky Plaza Tel 733 1262 Peninsula Plaza Tel 337 8309 Raffles Hotel Arcade Tel 334 3241 Millenia Walk Tel 339 4870 MALAYSIA THE HOUR GLASS Lot 10 Shopping Centre, Lot Gl,71 words
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ARGENTINA crisis
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Article, Illustration814 2001-12-21 3 In March Cavallo was the country's most popular politician but seven months later half of Argentines wanted him to quit Reuters [BUENOS AIRES] NOT even the raw energy of Domingo Cavallo, one of the emerging market world's most well-known and creative economists, could slayReuters; REUTERS; AFP - 814 words
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Page 3 Advertisements
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Advertisement43 2001-12-21 3 faHWfc- "-**>*. 1 HH|||»| Concord Ragnnal Offic* and Sorvica Contra: A* 230 Orchard Rd #05-234 Homo 734 3833 Fax: v; #E" i^^^^^^^^^^^^^^^^^BMßßHßflnMßSlK££33E&B^^42PßßJP&mm itT rr JI^^BR /Vd^^BpEi Jp 'is# The Concord La Scala". C$ stainless steel with diamonds. sSn^flK^^V^Mk Be late. Time is a luxury.43 words
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Page 4 Advertisements
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Advertisement1638 2001-12-21 4 mi WBL CORPORATION LIMITED (Incorporated in Singapore) ANNOUNCEMENT RESULTS The unaudited results of the Group and of the Company tor the financial year ended 30 September 2001 art as follows MW COMPLY an an 2Ki 2m sua iw sua vooe Tufnover 955.804 907.909 5 3 Investment income (3.459) 2.572 nm1,638 words
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Advertisement36 2001-12-21 4 5 I GOLIN/HARRIS I IGolin/Harris Forrest I Scotchbrook-BSMG I We become ONE H Golin/Harris Forrest I with effect from 1 January 2002. H 1 Scotts Road #25-01 Shaw Centre Singapore *****8 Telephone(6s)23s 3121/223 7105 Fax(65)836 312036 words
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SINGAPORE companies
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Article, Illustration501 2001-12-21 4 Tang Weng Fai - BTiaUIIUIUJ The partners have laid off the 20-odd local staff at Wing Tai iAdvantage By Tang Weng Fai PROPERTY developer Wing Tai Holdings has closed its data hosting and managed services arm Wing Tai iAdvantage and laid off all 20odd localFILE PHOTO - 501 words
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Article173 2001-12-21 4 It says technology units already show signs ofjreco very AFX WBL Corp said it expects its year to Sept 2002 pre-tax profit to be higher than the year-earlier level as the company's technology and manufacturing operations are already showing signs of a recovery. In FY2OOI,AFX - 173 words
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Article367 2001-12-21 7 A party is exempt from a general offer obligation if it holds less than 30% THE Securities Industry Council (SIC) yesterday clarified its position on parties holding 25 per cent or more but less than 30 per cent of a listed company before the new367 words
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339 2001-12-21 7 Bloomberg KWEK Leng Beng, Southeast Asia's fifth-richest man, will seek shareholder approval today to shuffle some of his China investments to bolster the earnings of Hong Leong Asia Ltd, his unprofitable building materials arm. Hong Leong Asia will pay $140 millionBloomberg - 339 words
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COMPANY Briefs
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51 2001-12-21 7 Dow Jones Newswires SEMICONDUCTOR manufacturing service provider Asti Holdings said yesterday it expects to report a significant net loss for 2001 in March. The chip sector slump "has resulted in further deterioration of the group's order book and business activities", the company said.—Dow JonesDow Jones Newswires - 51 words
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Article59 2001-12-21 7 Reuters JADE Technologies slumped into a net loss of $11.9 million for the year to end-September, from a net profit of $7.5 million previously. Turnover was $84.45 million, compared with $72.32 million before. Jade, which produces integrated circuit lead frames, was hurt by costsReuters - 59 words
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Article37 2001-12-21 7 MECHANICAL and electrical engineering King Wan Corp says net profit for the half-year to Sept 30 fell 75 per cent to $570,000, as turnover slipped 29 per cent to $32 million.37 words
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Article26 2001-12-21 7 Reuters LOSS-MAKING Asia Food Properties has rescheduled another U5527.3 million of its US$l.22 billion debt, after restructuring US$llO.3 million in October.—ReutersReuters - 26 words
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631 2001-12-21 7 al labita - hockII.IJ I UMI.IM al labita A FEW years back, Globe Telecom Singapore Telecom's listed Manila unit was just an illiquid penny stock. Today, it's one of the most sought after telecom counters, thanks to the partnership between Sing Tel and Ayala Corp. Globe currently trades631 words
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Page 5 Advertisements
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Advertisement858 2001-12-21 5 THE ASCOTT CROUP The Group Singapore career9the-ascott.com http://Mnirw.ttie-ascott.com General Managers (Based in China, Korea or Japan) will be responsible for the overall operational and financial management functions including CT3 J I |T* BTIJI bottomline results of the serviced residence. You will identify, develop and manage long and term strategic support858 words
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SINGAPORE markets
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Article, Illustration293 2001-12-21 6 OTHER SINGAPORE INDICES Dec 20 VALUE CLOSE BTOe/OS -56.00 -157.00 KTCMM -*****.00 ->-57.00 BT 10-4ay MA -*****.00 -6.QQ 420.18 -0.96 136.77 -0.31 MjjJIiiFh 1338.31 -4.94 SG EqmMm Prop 435.38 +4.74 197.88 -0.88 SMSCtFatarw 198.70 >0.80 UrtFood HK25C 22.862.000 TPVUSlc 16,672,000 Surface MTHK20C 15,526,000 Frontline 5c 15,093,000 People's Food HGK 50c293 words
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Article, Illustration253 2001-12-21 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan THE stock of water-treatment specialist Hyflux surged 20 per cent to a record high yesterday as the market cheered the company's receipt of a $16.1 million contract from the Public Utilities Board. The counter peaked253 words
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Article, Illustration763 2001-12-21 6 r. sivanithy - STOCKS r. sivanithy Despite more profit warnings by US majors such as Motorola, Solectron and Alcoa, the few players active in the local market yesterday made a gallant attempt to lift the Straits Times Index above the troublesome 1,600 level, while simultaneously reviving the ever-popular763 words
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614 2001-12-21 6 It fails to break through upper 128-yen resistance levels after hitting 128.80 yen at midday AFP [TOKYO] The dollar firmed against the yen but was off its highs due to late profit-taking in Tokyo yesterday after failing to break through resistance at theAFP - 614 words
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Article2813 2001-12-21 6 UNIT TRUSTS FUNDS AM Amro taM Mgt (S'pora) Star Europe Eqty! A 0J17/ Star Europe Bd V Star Europe Bal 0895/ Star Asian Tiger Eqty 0.74V Star Asia Bond 1.223/ Star Asia Balanced 0.85/ Star Global Technology Fund 0.323/ Star Bhv Finance Japan Fiaid!** 0 796/ AJ8 Govett (Acta) Ltd.2,813 words
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Page 7 Advertisements
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Advertisement95 2001-12-21 7 SPOT WIN Label of authenticity from Pan-West It's easy to spot an authentic Callaway Golf club. Look out for the Pan-West label of authenticity when you buy from Pan-West outlets and authorised dealers. In fact, Pan-West outlets also offer immediate warranty registration. With Callaway Golf's winning technology on your side,95 words
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SINGAPORE news
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Article, Illustration217 2001-12-21 8 Eugene Low - By Eugene Low DESPITE signs that the retail sector may be turning around. Singaporeans' appetite for dining out remains poor, according to the latest catering trade index figures. Although the retail sales index rose a better-than-expected 2.7 per cent year-on-year in October, the cateringSource: DOS - 217 words
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142 2001-12-21 8 Dow Jones Newswires [HONG KONG] Two whollyowned units of Singapore Power International yesterday launched a total of 210 billion won (Ss29B million) of three-year fixed-rate bonds, sole bookrunner and placement agent Salomon Smith Barney said. SPI (Seosan) Cogen, a provider of power andDow Jones Newswires - 142 words
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306 2001-12-21 8 David Boey - Older vehicle premiums increase by $15 to $879 for Categories A to C By David Boey THE prices of Certificates of Entitlement (COEs) in the open-bidding exercise for January 2002 fell for all cate- gories of vehicles, except goods vehicles and busses (Category C).306 words
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541 2001-12-21 8 Economists say it suggests economy is near or at trongh AFX NOVEMBER industrial output is expected to have fallen 19.3 to 22.5 per cent year-on-year following a 21.4 per cent decline in October, suggesting that the economy is near or at bottom, analysts say.AFX - 541 words
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Article, Illustration326 2001-12-21 8 Kalpana Rashiwala - By Kalpana Rashiwala FIRST Capital Corporation (FCC) has jumped on the price-cutting bandwagon, chopping the average price of Sanctuary Green at Tanjong Rhu by about 15 per cent to $610 per sq ft and that of Gardens at Bishan by 25 per cent to326 words
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304 2001-12-21 9 Vince Chong - On-site sales now inactive; it will focus on bungalows and one-off sales By Vince Chong PROPERTY consultancy firm Jones Lang LaSalle has retrenched its entire residential team of nine, with its sales department taking over residential sales as well as those in other sectors.304 words
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523 2001-12-21 9 Steven Yeo - MAiLrm Steven Yeo Deputy Executive Director for Executive Director Singapore Sports Council WE REFER to the letter "Sports in a sorry state in Singapore" by Jonathan Chua (Mailbag. Dec 12) and would like to thank him for his comments and views. The Singapore523 words
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Article202 2001-12-21 9 Ann Lim - Ann Lim Senior Consultant Huntington Communications, Singapore I REFER to your article "SMEs have no succession plan: study" (BT, Dec 13). Planning for an exit is something entrepreneurs should do from the outset. After all, if you invest in someone else's business, a major factor is202 words
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Page 8 Advertisements
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Advertisement455 2001-12-21 8 «JI toll-free IWO 28* 8822 rtcr»ttS»—fc.coajtt; IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF HEXAPILLAR PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting ol the abovenamed Company duly convened and held at 541 Orchard Roed, #18-00 Liat Towers, Singapore *****1. on455 words
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Advertisement538 2001-12-21 8 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF UNICURRENT PTE LTD (MEMBERS VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 541 Orchard Road, #16-00 Liat Towers, Singapore *****1, on 14th December 2001 st 10.00 am,538 words
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Advertisement541 2001-12-21 8 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO. AND IN THE MATTER Of PAUISTER PTE LTD (IN MEMKRS' VOLUNTARY LIQUIDATION) Al on Exlroordinory General of die membef» of IHdßstsi P>» Ud, duty convened and held at 122 Middle Rood Mt-03 Midßnit Plaza Singapore *****3 an It Dob—Aar2ool et 1541 words
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Advertisement359 2001-12-21 8 FIUID-fLO (INTERNATIONAL) PTE LTD (IN VOLUNTARY LIQUIDATION! NOTICE IS HEREBY given pursuant to Section 308 (2) of the Companies Ad. Cap. 50 dial tie Final Meeting of Members of Ihe abovenamed Company wiB be held at Block 809 FRENCH ROAD 805-168 SINGAPORE *****9 on 24-1-2002 at 9:3oam lor the purpose359 words
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Advertisement666 2001-12-21 8 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER Of MOMI SINGAPORE OLEFINS CO. PTI LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION Resolutions in Writing of the Members of the abovenamed Company dated the 13* day of December 2001 pursuant to the Company's Articles of666 words
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Advertisement395 2001-12-21 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MQ SHPPMG (ASIA PACIFIC) PTE LTD (In Members Voluntary Liquidation) NOTICE OF RESOLUTION At an Ejdnonfcnary General Meeting of Ihe members of the abovenamed Conpany <*#y corwaned and held at 9 RafTte6 Place #19-02, Rapubkc Plaza,395 words
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Advertisement465 2001-12-21 8 IN THE MATTES OF THE COMPANIES ACT. CAP. 58 AND IN THE MATTES OF NEWTON INVESTMENT LTD (la Members' Voluntary Liquidation! MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN thai die creditors of the abovenamed Company, which is being wound up voiuntanly. we required, on or before the 21st day of465 words
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Advertisement245 2001-12-21 8 YEO SOt4S INVESTMENTS PTE LTD On Voluntary Liquidation) NOTICE IS HEREBY GIVEN PURSUANT TO BECDON 306 OF THE COMPANIES ACT, CAP. SO THAT A RNAL GENERAL MEETMG OF THE COMPANY Wll BE HELD ON THE HTM DAY OF JANUARY. 2002 AT 10.00 AM. AT 5 JALAN BESAR, #05-01, SINGAPORE *****5245 words
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Page 9 Advertisements
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Advertisement168 2001-12-21 9 The Data! lAnQ K A V I 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 |une 2002 (Not applicable from168 words
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Advertisement47 2001-12-21 9 B longines L'elf.gance du temps depuis 1832 Longines DolceVitan Diamond Gold Collection Sole Distributor Main Service Centre: THE SWATCH GROUP S.E.A. (S) PTE LTD 438 A Alexandra Road #05-03/04 Alexandra Technopark Singapore *****7 Tel: *****88 Fax: *****96 City Service Centre: #01-23 Plaza Singapura Tel: *****17 E-mail: LonginesQswatchgroup.com.sg47 words
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EDITORIAL & opinion
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Article, Illustration772 2001-12-21 10 harish mehta - Ho33iHijlE3 OPINION harish mehta The writer is BT's Bangkok correspondent THAILAND'S national dish, Phad Tliai, is about to be internationalised A US company is planning to introduce the signature noodle dish into the American market Unfortunately, it is also expected to patent772 words
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Article99 2001-12-21 10 The crime has been committed on our soil, so we will probe it and we will punish it' Atal Bahari Tqfraym the Indian prime minister, on last week's attack on the Indian Parliament, vowing that 'thepunishment will be as big as the crime'. 'Peace has been breaking99 words
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Article582 2001-12-21 10 EDITORIAL EVEN if some may have written off the first half of 2002, the good news is that the world economy should be looking a lot better by this time next year. But the not-so-good news is that we may not quite witness anything582 words
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Article, Illustration1027 2001-12-21 10 Paul Samuelson - The interaction between Wall Street and Main Street this time ronnd is more ominous, threatening to result in a disastrous downward spiral By Paul Samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LAT-WP "IT was theLAT-WP; AFP - 1,027 words
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Article818 2001-12-21 10 Guillsume Parmentier - COMMENTARY Pressure growing in Europe to match US protectionist tax breaks, subsidies By I Guillsume Parmentier The writer is head of the French Centre on the United States at the French Institute for International Relations, a Paris think-tank THE agreement at Doha to launch a new818 words
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Page 11 Advertisements
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Advertisement93 2001-12-21 11 SEPTEMBER 2001 Emerging Asia CBO Limited U5528,000,000 Class 1 Senior Floating Rate Notes due 2012 U5524,000,000 Class 2 Senior Floating Rate Notes due 2012 U5512,000,000 Class 1 Mezzanine 7.54% Notes due 2012 U554,000,000 Class 2 Mezzanine 8.87% Notes due 2012 U5512,000,000 Subordinated Notes due 2012 Lead Manager Investment Manager Credit93 words
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Advertisement36 2001-12-21 11 St ■(■Mm 8 t i aw« t St SSM 18 mm 9^ A W jmwilc luwtv (iI Inuiw \i». /nil' il'iwitj ill lUilum '-a! Krj<i MKu./.'v/r d(i p<l<> I <» e 111cf t" rl L^—" WA W36 words
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REGIONAL news
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374 2001-12-21 11 Al Labita - Each will now have 4448% in bank; move will quicken its privatisation From Al Labita in Manila FILIPINO-CHINESE taipan Lucio Tan has finally sealed a deal for an equal stake with the government in a listed major bank to hasten374 words
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Article, Illustration312 2001-12-21 11 Al Labita - GDP should hit &3%0n strong domestic demand From Al Labita in Manila THE Philippines economy is stable and has managed to weather the lingering effects of the Sept 11 attacks in the US, President Gloria Arroyo said yesterday. "We have a stable economy. We312 words
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287 2001-12-21 11 JAKARTA Reuters INDONESIA'S government is considering clearing former president Suharto, who is seriously ill in a Jakarta hospital, of graft charges because of his poor health, an official said yesterday. The development came a week after the Supreme Court said Suharto wasReuters - 287 words
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Article144 2001-12-21 11 AP [KUALA LUMPUR) The de-cision-making body of Malaysia's largest ethnic Chinese political party suspended all its top youth leaders yesterday a sign that an internal dispute is worsening ahead of party elections next year. Ling Liong Sik, president of the Malaysian Chinese Association (MCA), saidAP - 144 words
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Article254 2001-12-21 12 News Corp unit wins rights for 24-hour channel in Guangdong province FT [BEIJING] Rupert Murdoch yesterday realised his long standing ambition to broadcast TV legitimately to China when his News Corp media group won an agreement to launch an entertainment channel forFT - 254 words
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348 2001-12-21 13 BEIJING New rales, effective Jul, are part of country's WTO entry conditions Bloomberg CHINA issued new regulations for foreign investment in its telecommunications industry, allowing international investors to own almost half of individual Chinese phone companies. The regulations, published yesterday, helpBloomberg - 348 words
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NOTE Book
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82 2001-12-21 13 Dow Jones Newswires [HONG KONG] China Telecom is expected to launch a US$3 billion initial public offering and list in Hong Kong early next year, the Hong Kong Economic Times reported, citing unnamed investment hanking sources. Beijing had hoped to launch anDow Jones Newswires - 82 words
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Article65 2001-12-21 13 Dow Jones Newswires [HONG KONG] The Hong Kong Mortgage Authority yesterday said it would ease borrowing conditions for people buying older properties and offer longer-term fixed rate mortgages to help homeowners. New measures include modifying mortgage purchasing criteria to include mortgage loans refinanced at loan-to-Dow Jones Newswires - 65 words
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73 2001-12-21 13 Bloomberg [BANGKOK] Thailand's government left Thai Airways International's board unchanged after the entire 14-member board quit this week to give the largest shareholder a free hand to make changes needed to boost performance. Thailand's finance ministry, which owns 93 per cent of the national carrier,Bloomberg - 73 words
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91 2001-12-21 13 Bloomberg [HONG KONG] Bank of China (Hong Kong) Ltd said it mayfreeze wages for its 14,000 staff in Hong Kong and Macau next year. "Banks will &ce a tougher operating environment because of a lack of lending opportunities and rising bad loans," saidBloomberg - 91 words
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457 2001-12-21 13 Audrey Tan - But direct shipping out of China will limit this growth From Audrey Tan in Hong Kong HONG Kong may see a slight pick up in its exports next year, but companies choosing to ship directly out of China will dampen this recovery,457 words
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196 2001-12-21 13 NEW DELHI Bloomberg INDIA, as part of a government push to shed state assets, plans to sell its stakes in five profitable state-run software development centres, parks which provide code writers with overseas communications links. The government may sell its entire stakeBloomberg - 196 words
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Article, Illustration1180 2001-12-21 12 Transaction date: Dec 20 PtTHEBAMM CROSS RATES AS C$ «■> Em Ffr PwWUlwdH **Uk 1m Mm W WWib N» S$ Imt »r IT> IHI Hmt W$ Aistrtfia 0.801 4.219 0.566 3.713 1107 1964 ***** 51.412 0.652 6.544 1.932 1229 30.822 25.871 0.933 6576 0.813 17.680 ***** 0J5) 0J08 C4Mda1,180 words
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Article1586 2001-12-21 12 S1C0M FUTURES Dec 20 RUBBER (Mm cMnq m at SJOpa) ISS1 CONTRACTS ctots/kq) Ctosa VotaM OpM Wot» L« Ml (Mm) Nrttmt Jw 02 89.75 F«b 02 90.75 M* 02 9100 Apr/Jan 02 9225 RSS 3 CONTRACT (US ceob/kq) Votaw Om Mot> W» I— Sett (Mb) Irttrtst Jan 02 48.001,586 words
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Page 12 Advertisements
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Advertisement447 2001-12-21 12 fSZ2s6fe^22a^ali$ IN THE MATTER Of THE COMPANIES ACT, CAP. 50 [Sedien 2«*2Kb|] AND IN THE MATTER Of TEXPARTS SINGAPORE PTE LTD (m Members YithitPui) liquidation) NOTICE Of RESOLUTIONS At an Ejdtoordmory General Meeting of the Compony held <* Sthfossnone 7CH-9320 Arban Swifxerlond on the I4tb day of December 2001 the447 words
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Advertisement320 2001-12-21 12 IN THE MATTER Of THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF PARIGI PTE LTD (In members' voluntary liquidation) MEMBERS' VOLUNTARY WINCHJP At on Extraordinary Generol M«*tmg of ihe Company Said ot 257 Selegie Rood f IR-279/2RI Selegie Complex. Singapore *****0 or 14 December 2001. the following Special320 words
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Advertisement225 2001-12-21 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HIH ASIA PTE LTD (In Credit on' Voluntary Liquidation) NOTICE OF FIRST AND FINAL DIVIDEND TO UNSECURED CREDITORS Name of Company: HIH Asia Pte Ltd Address of Registered Office Formerly of 4 Battery Road #26-01 Bank225 words
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Advertisement196 2001-12-21 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of SUMITOMO RUMER INDUSTRIES (SINGAPORE) PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50, thai a Final MeePnq of die Members of196 words
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Article5083 2001-12-21 13 Transaction date: Dec 20 for more, go to wimvjosiaonertmarkets^om HONG KONG M MP W- 180 AcrossAsia Mttftimcdu ..0.50 tndi ***** Alpha General 0.04 i*ich 6070 Amoy Prop 8.45 0.05 3390 Ananda Wing On _....a(* undi *****0 Angaria New Steel H 0.90 0.03 958S Annul Condi H 1 655,083 words
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Page 13 Advertisements
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Advertisement102 2001-12-21 13 Sincc 1975 otir j*orld*ide staff of ovt r 275 multi-disciplined professionals i 9 including lawyers chirtered accountants l 4 V chartered secretaries and bankers have W A I 1 provided confidential and cost effective -1 company formation in all the major lo* F f y«r tax areas including L«»AM^lLa«HaB*aijLufMj Incorporation102 words
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Advertisement48 2001-12-21 13 m PT SEMEN C/B/NO/SH* 7hk USD 1,183,697,006 Debt Restructuring And Sale of a Controlling Interest to Holcim Ltd. The Undersigned acted as advisor to PT Tirtamas Majutama in conjunction with the debt restructuring and the sale of its controlling shareholding to Holcim Ltd. CHINAWODD Associates Limited December 13.200148 words
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Article2465 2001-12-21 14 Transaction date: Dec 20 KUALA LUMPUR Ml w- cm AIM Realty 037 unch 0 AUric 1.90 -0.07 361 ACP Industries 230 -0.03 3 Actoance Synergy 060 -002 106 Affin HoW.ngs ....J23 -0.01 24 Ahmad Zaki Res J34 -0 04 5 AJCCoip .4.30 unch 129 AikbeeRes 232 -0.09 232 AKN2,465 words
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Article660 2001-12-21 14 Transaction date: Dec 20 tm+wmm m Owo Omm mt*mm m Om Omm CMC 0J3 1400 *0499 MMNc an 0490 -COM flpIMB* 140 IM *0490 OGK «J» ***** OwtMCand 240 4J0C -0.100 CU Mi UM -0.130 «yD*90c 241 41* *0190 MlinHBi 041 0495 -0401 OM0MT25c 042 MJOO -0200 «k 040660 words
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Article606 2001-12-21 14 BONDS WARRANTS M VaiCaa* to Okc 'tStia C—p—y to *m- riW—» Ma tmmtm UO AST1 **>***** 21 1 10 3 171 10 AonaLtdMWIlM U -05 22 1 SO 435 2 86 B AmMkW*****0 12 03 10 1 13 10 1J4 42 AmstrangtMM0520 4 1 10 05 2.13 29 WWoodP W*****2606 words
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Page 14 Advertisements
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Advertisement573 2001-12-21 14 Dace 15 January 2002 (Tuesday) impact on this year's and next year's SPEAKERS Time 9.00 am to 5.30 pm financial statements, including sensitive Dr £fnest Aud)t p anner m M disclosure requirements. This seminar A r Venue: Raffle. The Plaza, (formerly highlight, the changes in requirements Don,, Senior Aud.t Manager573 words
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WORLD news
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461 2001-12-21 14 The USs72b deal will create a giant with 22a subscribers in 41 states LAT-WP [NEW YORK] AT&T on Tuesday night agreed to merge its cable unit with Philadelphia-baaed Comcast Corp in a US|72 billion deal that creates a behemoth with 22 million subscribers inLAT-WP - 461 words
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302 2001-12-21 14 NEW YORK It is heading into new high-speed communications Reuters AT&T chairman C Michael Armstrong's shift to the new cable business mirrors the shift by AT&T to high-speed broadband communications from its historical role as leader of the ailing long-distance telephone industry. "The longReuters - 302 words
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341 2001-12-21 15 Move to help shareholders gauge impact of options Bloomberg [WASHINGTON] The Securities and Exchange Commission voted unanimously to make companies tell investors how many shares may be paid to employees under stock-option plans. The required disclosures will let stockholders gauge howBloomberg - 341 words
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526 2001-12-21 16 Anthony Rowley - BOJ downgrades immediate economic outlook for 7th straight month From Anthony Rowley in Tokyo THE Japanese government yesterday announced cuts in budgetary spending for fiscal 2002, including a sharp drop in public works outlays, even as the Bank of Japan again downgraded526 words
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Article, Illustration331 2001-12-21 16 Osama voted biggest market-mover Reuters [LONDON] US central bank chief Alan Greenspan was the financial newsmaker of 2001 as he fought recession and calmed world markets after Sept 11, according to economists and strategists polled by Reuters. But in a year when the highReuters - 331 words
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260 2001-12-21 16 WASHINGTON Reuters AN index tracking US economic activity inched lower in November, the Federal Reserve Bank of Chicago said yesterday in a report that offered limited hope the recession will soon be over. The three-month moving average of the Chicago Fed's National Activity IndexReuters - 260 words
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463 2001-12-21 16 WASHINGTON Democrats say plan falls short on help for laid-off workers Reuters THE US House of Representatives yesterday approved President George W Bush's revised plan to boost the struggling US economy but the measure will be dead on arrival inReuters - 463 words
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WORLD Watch
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128 2001-12-21 16 Dow Jones Newswires [NEW YORK] Investors expecting a rapid economic recovery next year may be disappointed, Warren Buffett told CNBC yesterday. The famous investor, who is the chairman of Berkshire Hathaway Inc, said he sees a "slow" economic recovery. He said he believes ifDow Jones Newswires - 128 words
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Article118 2001-12-21 16 Reuters [NEW YORK] Top US investment banks Goldman Sachs Group Inc and Lehman Bros Holdings Inc reported that their quarterly earnings fell on weak trading amid a recession and fallout from the Sept 11 attacks. Goldman said its earnings fell 17 per cent In its fiscal fourthReuters - 118 words
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53 2001-12-21 16 Reuters [ZURICH] Man-made and natural catastrophes led to an estimated 2001 loss to the global insurance industry of over US$32 billion, with more than half tied to the Sept 11 attacks, Swiss Re, a top reinsurer, said yesterday. Hie figure is three times the US$lO6Reuters - 53 words
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Article5886 2001-12-21 15 Transaction date: Dec 20 for live prices, log on to imrwxisiaonernarketsjcorn SHk La) Vat Dey 11I|W> GfM» Ot* OrTM MM ISCaf Mta I— Ci—m Mt W- fS8> I— 8—er Sefcr Cm PH $3 Mm 9 6 ASNAmroNLG S6c 9 34 138 39.5 15 c AC£ Dynam«20c 11 115,886 words
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Article54 2001-12-21 15 NN*"lL fcOKr U» GrtW MM MCj, Wltag nwywij u* w- PI IMI I—r mrnm $+m Cm m 13 Uta 11M) K10 s Dionondi lR9900cd 6090 3830 s BDJUST«tl US54C0 ufKtl 0 5460 555 440 s IS MSG Spore UMSOcd I '2930 9870 s IS SAPSOO US***** ***** W5054 words
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Article1380 2001-12-21 15 c—. a w A ju.ayTL-s a**? 40. zizxtr* —zSf w H 5 ;ti 5 11 ,js SJ 16* 275 C AS Auto 10c .45 uncb 990 46 445 45 45.5 10 M7 22 6.5 591 45 U II U 41 K 1472 M c ASTIIOc X 1-5 441,380 words
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Article347 2001-12-21 15 SMM U* M Day HIQWH U9h Mo flrTH MM MCm I— Ci—) IS* W- Mtar Cm P* |3 IK) SO AVJ*mngiA25cA _...44 *24 10 S4 64 61 -40 3.4 11J 44 1KJ C*h«y*»c2acMK... 720 265 2.1 74 6 *****2 Ommg KongSOc HK..._ 17» 240 6J 6.7 3 4CM.S347 words
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Page 15 Advertisements
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Advertisement12 2001-12-21 15 fIHUj 1 TannalCondMona Apply Ai mm* ooract at ffw imp a* pnrpnQ12 words
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Page 16 Advertisements
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Advertisement128 2001-12-21 16 l-'i f URBAN ANGEL A LIFE LESS ORDINARY >'' f <w v BeoSound 3000 BeoSound 3000 from Bang a Olufsen is a modem icon telling us that things can be done differently. Let it spread its wings in your room and add a little magic to your music we think128 words
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Advertisement84 2001-12-21 16 t CHRIS T MAS »>• 6.00pm I 0 10| .i. I "J* CHRISTMAS DAYTUNCH Bn 25 Dec 2001 Hi Hhi <•> wHt JL 1 iw 4 '< NEWYEAR S EVE DINNER Jp* Wffk $42.80+++ (A) $23.80+++ (C) §> 31 Doc 2001 > NEWYEARS DAYTUNCH $21.80+++ (A) I I.Bo+++ (C) I84 words
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Page 17 Advertisements
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Advertisement140 2001-12-21 17 m-% -iS i i i' 4:, m '"r^ j l f I 'I v, 2 I \.l 'flf •C".^ o"'j V:. j«i J .-a j. t I N m I If (fr r j x jjj^ %*&&&('Ttf*: v ■p jgtoo& tiTi'i '«^a The Orchard Road lights, first switched on in140 words
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Advertisement24 2001-12-21 17 INSIDE Epicure Italian reserve EL 3 Biz Woman Women at the helm ELS Cinema Cruising skywards EL 6 The Arts Self Appraisal EL 824 words
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EXECUTIVE Lifestyle
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PERSPECTIVE
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699 2001-12-21 18 jaime ee - QFFrraan.-i ~they ask stock questions of Tom Cruise. All the same, he graciously answered them at the press con. Could it be that he was acting or is he really a nice chap? jaime ee ONE of the beauties of journalism is that you, the readers,699 words
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Article166 2001-12-21 18 COVER STORY m J HERE was a time when m Christmas wasn't celebrated in m Singapore with the kind of m fervour it now is. Chalk it up to M the famous Christmas lights on Orchard Road —a tradition which started way back in 1984 firstly to decorate166 words
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Article, Illustration1038 2001-12-21 18 DONNA Aratani Kwee, 56, came to Singapore when she married Kwee Liong Tek of the Pontine hand Group in 1970. They have four children, Melissa, 29, Stephanie, 26, Evan, 24, and Alison, 17. While Evan and Alison are still studying, Stephanie is working with the Pontiac1,038 words
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Article, Illustration773 2001-12-21 18 THE Chews are a Peranakan-Christian family with roots that run deep in Singapore. Dr Chew Chin Hin, 73, was Tan Tock Seng Hospital's medical director from 1979 to 1981, and is now emeritus consultant there, besides holding the post of honorary postgraduate adviser at theCHRIS LOH - 773 words
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312 2001-12-21 18 WHAT'S one way to make Singapore more attractive? When the Tourism Task Force was exploring this question, they saw the light, so to speak, of having a Christmas Light-Up. The first one started in 1964, and Christmas was chosen as the occasion312 words
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EPICURE
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Article, Illustration630 2001-12-21 19 CORINNE KERK - The relocated Paladino is now more upmarket than ever, though it ought to relax a little and fine-tune its new menu, says ooboiiib kers CORINNE KERK IN this day and age, it comes as a surprise that some restaurants are still holding onto the archaic practice of givingCHRIS LOH - 630 words
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Article, Illustration446 2001-12-21 19 Cheah Ui-Hoon - RESTAURANT By Cheah Ui-Hoon AFTER his first year in Singapore, Michelin-starred chef Jeremy Hollingsworth seems to have settled quite well into his kitchen at the Fig Leaf. Understandably, a foreign chef takes time to find his "sea legs", so to speak, and the evidence446 words
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Article, Illustration417 2001-12-21 19 Tan Hwee Hwee - RESTAURANT M&M& Africa's revamped menu features some intriguing medleys By Tan Hwee Hwee IF you're an aspiring Tarzan who's looking for a chic place to romance his Jane, swing by MaMa Africa (Far East Square, 01-01/ tel: 532 9339), where you'll be impressed by417 words
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MUSIC
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Article, Illustration683 2001-12-21 20 TAM HWEE HWEE - tam hwee hwbe checks out the music treats of this festive season TAM HWEE HWEE CHRISTMAS is the season where the airwaves are filled with the type of songs that make you want to light a candle and say a prayer to Satan. This might sound683 words
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PROFILE/BIZ WOMAN
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Article, Illustration1032 2001-12-21 21 CLARISSA TAN - Nine successful career women caused a stir at the recent King's Cup Regatta in Phuket, when they crewed together in a heavily male-dominated sport clasessa tan reports CLARISSA TAN The writer is a freelance journalist THE red sun is sinking into the Andaman Sea, and the1,032 words
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Article, Illustration1134 2001-12-21 21 CORINNE KERK - Gregory Lim tells gordvive berk what's special about his natural moisturiser CORINNE KERK HE had a stable job in Singapore as an accountant. His wife was a legal officer in a big local bank. By all measures, if they had stayed on in Singapore, they would1,134 words
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CINEMA
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Article, Illustration1333 2001-12-21 22 Susan Tsang - By Susan Tsang CHRISTMAS is early this year, celluloid-wise, anyway. The first installment of J R R Tolkien's trilogy, The Lord of the Rings, opens, adding to the largesse of Ocean's Eleven, Spy Game, The Score, Monsters, Inc and Harry Potter. The Fellowship of the Ring incorporates some1,333 words
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Article, Illustration1125 2001-12-21 22 PARVATHI NAYAR - The Cruise visit offers PißVini XiTIK a chance to find out how complex celebrityhood can be PARVATHI NAYAR HE spark that most people acquire on their m |H H w edding day, that's Tom Cruise on a typical weeknight." That's Cameron Crowe waxing lyrical in Vanity Fair, JuneCHRIS LOH - 1,125 words
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Article, Illustration767 2001-12-21 22 Parvathi Nayar - Lord of the Rinp, the celluloid version, has captured the spirit rather than just the words of Tolkien's fantasy worlds By Parvathi Nayar MUCH has been written about how J R R Tolkien would have hated the idea of his words translated to moving pictures. Indeed, beloved books767 words
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THE ARTS
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Article, Illustration596 2001-12-21 23 FRANK DEMEGLIO - Long alter some of the performances, FRAME DEMEGLXO can still hear some of the whispering violins and mournful sopranos FRANK DEMEGLIO IN a few short seasons the nascent Western classical music arts scene in Singapore has grown into a rapidly burgeoning cultural centre. The number and596 words
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Article, Illustration564 2001-12-21 23 PUBLISHING stalwart Penguin Books is set to be a major player in the Singapore and Malaysian book scene when it opens in a big way in the two countries next month. Costing seven figures, the set-up will be larger than other564 words
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Article, Illustration589 2001-12-21 24 PARVATHI NAYAR - NAC celebrates its 10th anniversary with a coffee table book which assesses the state of the arts in S'pore. PARVATHIKATAR reports PARVATHI NAYAR IT is a commemoration indeed celebration of the arts in Singapore, NAC's tenth anniversary and the new Millennium itself. The book in question is SelvesPHOTOS BY CHRIS LOH - 589 words
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Article468 2001-12-21 24 Aaron Lye - uompiwo uy Aaron Lye PERFORMANCES II.J, II -j M lUil IIM jvngie nN'flOScQ Chestnuts Wacky comic duo Jonathan Lim and Sean Yeo bring back the Christmas cheer with yet another serving of Chestnuts. Highlights include Missing Saigon, Mulan Rouge, Emily Off Emerald Hill and Theatrewirks Goes to the468 words
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Page 19 Advertisements
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Advertisement67 2001-12-21 19 CARAN d ACHE OF SWITZERLAND LEMAN COLLECTION MAKE YOUR MARK. L r/, yjp\iv> x Sole Distributor: SILVAROYAI. PRIVATE. LIMITED 27 Lo*rtf W.iy 508 7 28 < C.i' ,11' d Ac iic is .iv.nl.ibie .11 TAKASHIMAYA iLeve 3. TIMES NEWIINK Oring. Ah, omTI i Dep.n tin eT» .visit Lounge E.ist i67 words
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Page 20 Advertisements
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Advertisement296 2001-12-21 20 24 December Euro- Asian Buffet Loach $28.80 (Adult). $17.50 (Child') International Buffet Mnaer $35 (Adult), $21 (Child*) Buffet Dinner L Room Package $215 for 2 persons 5-Course Candlelight Dinner $45 per person. Inclusive of champagne, party novelties hats 25 December Euro-Asian Buffet Lunch L Dinner Lunch: $26.80 (Aduit). $16.50 (Child*)296 words
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Advertisement123 2001-12-21 20 ill drc^J CALL SANTARINA'S HOTLINE AT *****84 81 FOR ALL YOUR FESTIVE ENQUIRIES AND RESERVATIONS W r < ORCHARD HOTEL \J SMGAPOU 442 Orchard Road. Singapore *****9 Telephone 734 7766 FacwnKc 733 5482 AC«Miumii En Horn* The Carlton Festive Celebrations are here once again... X'maa Buffet Dinner $48 /Adult $24/123 words
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Advertisement213 2001-12-21 20 Join us for a delightful Christmas Eve. St Brasserie Brasserie s Fiesta Lunch $28 (Adult). SlB (Child) Seafood Barbecue Dinner $49 (Adult). $29 (Child) Hoa Yuen Chinese Restaurant 68-course A La Carte Buffet Lunch: $38.80 (Adult). $22 (Child) Dinner. $40.80 (Adult). $24 (Child) Set Menus at $58. $78 and $98213 words
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Advertisement129 2001-12-21 20 \<®n P Function Room available for your I I I Company Dinner Dance I I I Birthday I 'Anniversary Dinner Dance I I Baby's Full Moon J I I Baffet and Coffee Break available! I VCD, Karaoke, full sound systean I Maximum -100 pax I Minimum Seminar -15 pax I129 words
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Advertisement85 2001-12-21 20 Christmas Countdown Parft/^ 24 Dec 2001 "AM Come, count down m to Christmas with at Mandarin Price 525.00 Nctt inclusive of one glass of champagne Time 6:30 pm to 2:00 am Venue Main Tower Lobby Call 831 6286/6288 for immediate bookings! Milw. m JQ 333 Orchard Road, Singapore *****7. Tel:85 words
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Page 20 Miscellaneous
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Miscellaneous185 2001-12-21 20 CRVFTIC CROSSWORD reverse (6)^ 19 getbW3) royal cr,a,acte,s 16 Concerto 9 the French 20 r6PIaCB aSOfnOW 18 Ntoliifl a <**"9* <* ven- M* B U can 21 Employment for American U— Ug The warder's no vegan (9) 22 GM' taking a breather —in ffl W W W —U—— many comptaints185 words
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Page 21 Advertisements
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Advertisement34 2001-12-21 21 iuii H i Movodo Service Cmtrv Auftwvrd CVolcrs B« a< K Rd OntM po«"» Lu<liy Pla/o Parkway Pcodr Peninsula Pia/a p,. o pj« s p a Vianqoon Sha* Centre Suntoi Cify lomp.n. s Moll34 words
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Page 23 Advertisements
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Advertisement198 2001-12-21 23 Magnum Fine Wines are hosting a private tutored wine tasting followed by hot and cold cocktail food on Thursday 21 February 2002. We will be tasting a comprehensive selection of sibling Ist A 2nd growths (eg. Carruades Lafite) from the magnificent 1998 vintage Location: CONRAD INTERNATIONAL HOTEL from 6.00pm -B.oopm.198 words
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Advertisement244 2001-12-21 23 Celebrate 37 floors of seasonal cheer at the Pan Pacific. The season is truly something to celebrate at From local favourites to international the Pan Pacific Singapore. Start off your show-stoppers, we're putting on a lavish spread celebrations cm the ground floor, where you'll like you've never seen before.Tel: 434244 words
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Page 24 Advertisements
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Advertisement8 2001-12-21 24 w »T^KfA^H£j l^^H ■j» a M Mi p^M8 words
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Advertisement98 2001-12-21 24 new eve f U M 'at Hotel Singapore A mouthwatering evening for dinner and a mesmerizing night with live Jazz swing band all happening at the new signature Restaurant J ft Bar on New Year's Eve. dinner entertainment $95+++ Includes a 7-course authentic Japanese cuisines, a glass of Champagne and98 words
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Advertisement4 2001-12-21 24 Static: 348-5555 TtefcetCharga: 296-29294 words
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SHIPPING TIMES
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Article262 2001-12-21 25 Reuters THE Baltic Dry Index (BDI) fell one point to 865, the Baltic Panamax Index (BPI) was unchanged at 856, the Baltic Handymax Index (BHD dropped 19 points to 6,855 and the Baltic Capesize Index (BCD was down one point to 976. ♦Stellar Navigator— (built 1999) 172,932 dwtReuters - 262 words
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Article241 2001-12-21 25 Ml W CWT DMtrfcutlon—0.51 undi 28 CftuanHup 0J9 undt 4170 Cosco Invtftiiitftt —0.23 OOI Ml FrataMUnkt 0.06 uncft XX OShoMMgs 046 undi 0 IMC MoMng»-HK —3.60 im* 0 JaralloMngi 0J6 uncft 100 KaptdCar* 2.77 409 WO Mfmmi X54 undi 0 KaptdMartna 021 uncft 177 imtm L09 undi no*241 words
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Article, Illustration641 2001-12-21 25 Beth Jinks - China yard to contribute opto 25% of group's overall profit By Beth Jinks [SINGAPORE] Cosco Investments Singapore Ltd's (CI) just-approved acquisition of China's biggest ship repair yard will contribute between 20-25 per cent of the group's overall profit, the SGX-listed company has revealed. Shareholders unanimously641 words
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327 2001-12-21 25 Bloomberg [LONDON] P&O Princess Cruises pic reaffirmed its commitment to buy Royal Caribbean Cruises Ltd for US$7.4 billion in stock and debt to become the No 1 cruise ship company after refusing a takeover by Carnival Corp of the US. P&O Princess willBloomberg - 327 words
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Article104 2001-12-21 25 Reuters [HELSINKI] A ferry carrying 819 passengers and crew ran aground in the Aland Islands in the Baltic Sea off the southwest coast of Finland but no injuries were reported, the Finnish coast guard said yesterday. "At the moment there is no need for evacuation asReuters - 104 words
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240 2001-12-21 25 AP [WASHINGTON] The crew of a US Navy ship boarded a Belize-flagged oil tanker in the northern Arabian Gulf on Wednesday after the tanker refused permission for boarding, a US defence official said. The official said it was not immediately clear whether anyAP - 240 words
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Article, Illustration299 2001-12-21 25 Donald Urquhart - By Donald Urquhart [SINGAPORE] PSA Corporation is restructuring its position of Group President by splitting the responsibilities of its second-in-com-mand. Responding to Shipping Times queries yesterday, a spokesman confirmed that Deputy Group President (Terminals) Ng Chee Keong will be promoted Group President on299 words
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SHIPPING news
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743 2001-12-21 26 Selva Kumar - ADMIRALTY CASEBOOK By Selva Kumar AN English county court has dismissed a bid by a group of marine insurance underwriters to reject a claim from a charterer, which was insured under an open cover to cover its liabilities to vessel owners from743 words
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305 2001-12-21 26 Alec Almazan - It says errors in bidding documents not substantial From j Alec Almazan in Manila THE Japanese Bank for International Co-operation (JBIC), overruling the Philippine Ports Authority, has decided that the construction of the second phase of the Batangas t International305 words
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178 2001-12-21 26 Reuters (HAMILTON, Bermuda] Bermuda on Wednesday introduced new rules to protect historic shipwrecks from treasure-hunters including jail sentences and fines of up to U5525,000 for divers who explore them without a licence. The British colony, which lies 700 km east of North Carolina, isReuters - 178 words
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Article232 2001-12-21 26 PACj Aopenship Avant 1 B'UngMtt BSA BSC in i Boiqi BitmiMo CMACCM cosco Centra El i Cluhayj I Ctiini Shpg Confer I Cougar i CWT6loMM i Mints Dpt Lloyd i Dongnanu EPCarners ECl EngLee < ESP Lines < Evergreen i FoongSun Frt LMu 11 it Fuhat 5232 words
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Article12944 2001-12-21 31 THEBUSINESSTIMES (AY, DECEMBER 21,2001 EXPORT p a ETA ETA Advertiser VkhI Voyaqe Telephone SIN Dest'n Mime Heme Number Number 8 To ABIDJAN (ABJ) 2003 Cot* D'I voire 20/12 a/oi mol pondarica uha *5-2200*** 30/12 01/02 Chine Shpq VILLE DC GEMINA 400W *****0090 31/12 11/02 Klen Hunq HANSA CENTAUR12,944 words
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SHIPS IN PORT
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Article754 2001-12-21 35 Vassal Voy No B*rtti Arrival Dapartwr* BnOho 20/12/725 21/12/640 Mtawi *****0 JT2 20/12/745 20/12/1*00 MHonaony 20/12 J6 20/12/840 20/12/640 Sotyoi 01-Jal J04 20/12/8:25 20/12/17 JO M Sot™ I. ***** J01 20/12/8:00 20/12/2040 wnsl* I *****1 J03 20/12/8:40 20/12/2240 Twoag 6 M1302 J02 20/12/725 20/12/2340 8t Hoa«*yo ***** J0I754 words
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Article1763 2001-12-21 35 «gcavwc or EXPOtT ra. containers and lcl caroo BooUnt/Baianct tstta Voy Mo Etfc/Btr Nrtgi Fw T« Ng *r Bocut* 202 zvtM a nmo ivotm 20/0*00 I ">"X W0*5* ttVMOC 1 fWIO !4W 20/M00 mmum m JIM 21AK a ivrroo 20/0*5* 2«om a l.-'X 20/0*5* 2o/o*oc aw MM aM1,763 words
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Article87 2001-12-21 35 Diiiwln 28 United Kingdom: Christmas Da; 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 Hongkong: Christmas Day Indonesia: Christmas87 words
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Article768 2001-12-21 35 THIS report, compiled by Cockett Mi rlne Oil Ltd. shows price range* In US dollars Instead of single prices for a more comprehensive description of the market Pries* shown are baaed on averagesiaed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the768 words
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Article437 2001-12-21 35 CtftM BO Mu 990.4 0.6 M-t 0.09 42 0.03 Bk» Comity Motor H*Mw Iilii Si—irt No Oovt £25 0 0 0 0 0 0 300 Aw 9074 02 a4 0.0S 31 0.02 torn 380 Mm 990 J U HI 0.01 M 004 wn »N/M w no«wC3s437 words
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AIR & LAND transport
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Article, Illustration625 2001-12-21 36 But volumes still expected to be lower despite rising since Sept 11 Reuters [CHICAGO] After navigating Thanksgiving with flying colours, US airlines are bracing for the second round since Sept 11 of heavy traffic, this time over the Christmas holidays which began onReuters; FILE PHOTO - 625 words
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Article423 2001-12-21 36 Veteran with carrier's parent to take over as airline heads for steep loss Reuters [TAIPEI] EVA Airways has appointed a new president, its second this year, as the island's second largest carrier heads for one of the steepest losses in its 10-year history, the companyReuters - 423 words
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120 2001-12-21 36 Bloomberg [LONDON] Rolls-Royce pic said it signed a US$l billion contract with United Technologies Corp's Pratt Whitney unit for the UK company to develop so-called jump-jet technology to help power Lockheed Martin Corp's Joint Strike Fighter. The contract, which had already been announced,Bloomberg - 120 words
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Article203 2001-12-21 36 Bloomberg [SYDNEY] Ansett Holdings creditors will vote on a proposal to sell the airline's assets to Tesna Holdings, owned by businessmen Solomon Lew and Lindsay Fox, two days before a deadline for the plan expires. The meeting will be held on Jan 29Bloomberg - 203 words
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Article, Illustration220 2001-12-21 36 AP [KUALA LUMPUR] Airlines operating in Malaysia are expected to reinstate a minimum price scheme which was suspended last month in a bid to encourage passengers back into the skies after the US terrorist attacks, a tourism official said. But the reinstatedAP; FILE PHOTO - 220 words
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209 2001-12-21 36 Bloomberg [BERN] Swiss airlines, including Swissair Group and Crossair AG, will not get a further extension of emergency insurance cover from the government for potential damage caused by war or acts of terrorism. The carriers must get private insurance after the state coverBloomberg - 209 words
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383 2001-12-21 36 Restructuring involves nsing more smaller regional jets to save costs Reuters [NEW YORK] US Airways Group has agreed to meet its pilots to discuss a fleet restructuring plan its executives call crucial to shoring up the airline after September's attacks inReuters - 383 words
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Page 25 Advertisements
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Advertisement41 2001-12-21 25 ■WlWillHl>HiH*CM<— WW BaekPg ■IWMiiiMiwiiiiipwMwl BaekPg > f r* Custody Transfer o! SingapoA 1 January 2002. aU-bunker. v in Singapore are reqidg^ iSI trarwr sampling (firing For more information, please contact DNV Petroleum Services on HF Ph: 65-*****75, Fax: 65-*****36 or email singapore@dnvps.com41 words
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Page 26 Advertisements
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Advertisement633 2001-12-21 26 1 TO USA/CANADA EXPORT I I OTHER DtSTfUATioiiS I IPV._- I.™!." 6 l mgl l toAOKTmuA(AuarmiJAaooa Btpwatai OOaCWJFOMU 5*53 7VIJ I VI? I 11/81 15/01 11/11 14/01 14/01 11/01 =5= mw I'm'.. I g 1" ooamron I*ol 01/01 I 02/01 I 11/01 22/01 23/01 23/01 23/01 24/01 yot m roswi633 words
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Advertisement83 2001-12-21 26 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hong Kmw A as cwm ikvmy tmuw a nm wmn i VBSB VOY HP SW ETATYO ETAKOt ETA TOK FTANGO ETA OSA PtO NfIHIOVD KOWIOOM WW83 words
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Advertisement577 2001-12-21 26 Unas services represented by Mmtbtn of tfw Ragistry of 9 Members of fce Accredited Shipping Agents, Sin apor ljo 9'* ,icl Singapore Sapping AMoriofon Association CONTAMBS/ COMVWTIOHAI CARGO HK* POT HANC/WGAfOH/iMAni t lANGKK VCN ETAPKL ETA SIN ETA MALE Ml I*l2 tt/U am Ml H«l 0«I Hfß— g SINGAPORE I577 words
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Advertisement1433 2001-12-21 27 TO EUROPE FROM EUROPE vtssa Ivor sw gm> u« haw Mtv sou ta llvßsa vert \Km urn mm m sou w si HTUMMiwrr »w 24/11 10/01 12/01 is/01 04/01 hyuoaigobal xm 01/u 04/u 00/12 24/11 22/12 tfisma IQSW 27/12 14/01 14/01 17/0114/01 MOllOOf 5441 04/11 04/11 01/12 04/112S/12 MOIADVMfIMjI 006W1,433 words
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Advertisement1284 2001-12-21 29 IRISL, &a ©GD Qlhl?&yg}th MJJ Q&sfkogJ {fo(? 0® OtnlkKnd (podtnOa Sin Hi?®® oa s&yxiiMm fa) flfij© ifratmft) DQujm* AGENT M SINGAPORE AGENT M MALAYSIA AGENT M INDONESIA SMOSE MARITIME PTE UD CR NO: **********0H BO4JSTEAD SMPffNG AGENCES SON. BHD. PT. SMOSE CONTI PERSAOA TEL: *****44 FAX: *****81 KL TEL: 03-*****3001,284 words
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Advertisement519 2001-12-21 34 TWO 225/0 I 7272/12 FOf MSOUI6ING ONLY I DCS (SUM) V34N 25-25/12 3003/01 M M/ 01 I nGBKAU 935N 70-H/I7 MM/01 13-14/01 I n&a IKEZI 1371 01-02/01 07 12/01 14-17/01 I H6BSHAM H7W 03-04/01 00-13/01 1711/01 connoaa 417 SWfi ofoiffi iFHTBl —I iwaatEEi own 2* 30/12 05-07/01 14-17/01 I TlGaaiff519 words
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Advertisement37 2001-12-21 34 (■>KWIS logistics V- IX7XO (S) PTE LTD AIR SEA SERVICES TO/FROM "MANILA JAKARTA PORT KELANG MADRAS CHfTTAGONG /NHAVA SHEVA HONGKONG SHENZHEN KEELUNG ROTTERDAM HAMBURG FELIXSTOWE PIRAEUS LA SPEZIA/ PORT SAID TEL 863 7080(SEA) *****89 (AIR) Email: sales@kms.com.sg37 words
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Advertisement17 2001-12-21 35 Tht Straits Tlmn Q Classified whm fl virtually tvary m home is at your flyfi fingertips. NILWLML17 words
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Page 35 Miscellaneous
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Miscellaneous122 2001-12-21 35 LEGEND Issued by Meteorological Service^t^apore R Thunderstorm Showers R«'m Temperature Wtnd direction and speed in knots •Cloudy Day Woathef W Hazy Wind speed symbols 508 c nJ '3 s O Full circle w/o line indicates calm or light and variable winds j' j Sl '9 ht K1 2m -•—•One half122 words
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Advertisement94 2001-12-21 36 NOTICE TO TRADE CHENNAI PORT Immediate Congestion Surcharge In view of some improvement in port stays in Chennai, Members of the Chennai Feeder Operators hereby announce a reduction of the Immediate Congestion Surcharge (ICS) to U*****.00/TEU effective 0001 hours, 24 December 2001 sailings from Chennai, Colombo, Singapore, Port Klang and94 words
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Advertisement15 2001-12-21 36 Who Can Fill The Shoes? To find the right candidate for the job, call 1800-289-8822.15 words
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