The Business Times, 25 December 2001

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Microfilm: NL23312
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http://business-times.asial .com.sg/ S I N G A P O R TUESDAY, DECEMBER 25, 2001 850
    22 words
  • Article
    Lock icon MARKET SUMMARY
    69 1 OI UKL33 (+4.26) ■MB •42.79 (+0.04) PI ST IHDEX FUTURES U VMJO (+1.00) SDEX3 FOTUBES MM (+0.20) STOO; MARKET INDICES Monday Change KLSE COMP £69.68 +4*1 NIKKEI 225 —Owed HANG SENG _ltf09.78 +61.68 ■rum 202.01 __+6J2 JAKARTA COMP -Ctoed__MANILACOMP_jQond TAIPEI WPI 6,164.71 *66.49 SEOUL COMP 646.49 +L78 SHENZHEN
    69 words
  • Article
    Lock icon FINANCE
    66 1 FOBEX KATES ust ss USS (8$ per CSS) L8» £(l"S$/SS per L442 1M1 EUB0(U8S/8S/E). (L891 L6S7 DM 1196 LIN YEN 1294 70.40 RM 1800 1068 HKS 7.797 1241 BAHT 4194 2191 RUPIAH 10,187 U4S PUKE BATES SINGAPORE* blh KUALA LUMPUR 6.40 HONG KONG 616 JAKARTA 39.00 TAIPEI 6.79 TOKYO
    66 words
  • Article
    Lock icon Will S'pore GDP grow 1.5% in 2002?
    741 1  -  auTuaonv.:vm Economists tweak up their estimates, bat they may again get it wrong Byi Anna Teo [SINGAPORE] After cutting their estimates of Singapore's GDP growth all year, some economists have now begun to tweak the forecasts up, on stronger prospects of global recovery
    741 words
  • Article, Illustration
    Lock icon US retailers sing the Christmas blues
    516 1 Their profits may now be down 5-10%, worse than the 3-5% fall some had predicted Dow Jones Newswires [NEW YORK] In what was supposed to be the biggest shopping weekend of the season in the United States, consumers remained frugal as they flocked to
    Dow Jones Newswires; AFP  -  516 words
  • Article, Illustration
    Lock icon Pinetree owner's loan default forces club to appoint JMs
    749 1  -  Clnb premises pledged to banks by Cling Heng Tin By\ Serena Ng [SINGAPORE] It's been chalking up comfortable profits, but Pinetree Town and Country Club is facing an uncertain future because of owner Chng Heng Tiu's business venture in China. To
    ARTHUR LEE  -  749 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      98 1 mauiH Top stortes Global markets absorb impact of Argentina's crisis. Pg2 MAS may retrench 3,000 staff: report P»7 FCC's price cuts in Bishan attract home buyers. Pg 3 Mid-Continent trial adjourned to midJanuary. Pg 3 Market Taik: It takes more to frighten investors these days. Pg 10 IPOs in US:
      98 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      12 1 There will be no BT tomorrow. Publication will resume on Dec 27
      12 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      120 1 China's enormous market pot* There is great anxiety over China's huge capacity to attract foreign investments and supply products on world markets. These concerns are exaggerated. China presents the largest new source of demand for products and services the world has seen in the last half century. It is unthinkable
      120 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 4
      22 1 Manufacturing will see a gradual upturn next year, say analysts, Pg 2 2001 tough for banks, 2002 could be worse. Pg 3
      22 words
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  • NEXT page
    • Article
      Lock icon Manufacturing recovery next year will be muted, slow: analysts
      701 2  -  OUTLOOK HiTIVJ Despite positive signs, output may shrink in HI before strengthening in H2 By\ Eugene Low [SINGAPORE] After taking a beating this year, Singapore's manufacturing sector should see a muted recovery in 2002. But although there are some signs of
      701 words
    • Article
      Lock icon World markets indifferent to crisis in Argentina
      724 2 What's feared is political fallout if violence should spill across borders LATWP [MEXICO CITY] Indifference may best describe the reaction of world markets to Argentina's economic implosion and likely debt default and currency devaluation a sharp contrast to the *****, when crises in
      LATWP  -  724 words
    • Article
      Lock icon More Americans get religion over Internet
      635 2 One out of four uses Net for religion, more than banking, gambling or stock trading Reuters [WASHINGTON] God trumps money online, a study released on Sunday found, as more adult Americans use the Internet for religious purposes than for gambling, banking or trading stocks.
      Reuters  -  635 words
    • Article
      Lock icon Corrections and clarifications
      68 2 OUR report yesterday, "LKY scholarship holders contribute to Singapore", said David Tan was a DBS Bank employee. Mr Tan has left DBS and is now divisional director of the International Talent Division of the Ministry of Manpower. Our Dec 20 report, "Shell rethinks S'pore chemical plant", erred
      68 words
    • Article
      Lock icon Singapore falls to third spot in Globalisation Index
      524 2  -  By Eugene Low [SINGAPORE] Singapore has slipped from top spot to third in the latest Globalisation Index rankings. The study carried out by US-based political journal Foreign Policy Magazine and consulting company AT Kearney says the decline is largely a result of
      524 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon And you thought banking was tough this year
      890 3  -  i nni m nil 111 m A whole new set of challenges and opportunities await banks next year Rut Siow Li Sen IF Raffles Place and Shenton Way denizens thought 2001 was pretty awful and can't wait to see the back of
      FILE PHOTO  -  890 words
    • Article
      Lock icon FCC's price cuts in Bishan attract home buyers
      277 3  -  By] Kalpana Rashiwala HOME buyers continued to snap up attractively priced projects over the weekend, despite the year-end holiday festivities setting in. First Capital Corporation (FCC) sold about 170 units at Gardens at Bishan between Friday and Sunday after slashing the project's
      277 words
    • COMPANY Briefs
      • Article
        Lock icon Miyoshi to buy 60% of Thai firm
        74 3 ENGINEERING fabricator and services provider Miyoshi Precision has signed a memorandum of understanding to acquire 60 per cent of metal stamping and plastics injection business Sunny Precision (Thailand) Co for 13.2 million baht (*****.000) from Bangkok Foam Co. It has also entered into
        74 words
      • Article
        Lock icon FHTK unit to sell property
        95 3 FHTK Holdings says its wholly-owned subsidiary FHTK Cold Store has entered into an agreement to sell a property at Pandan Loop to Phoon Huat A Co for $2.82 million cash, subject to the approval of JTC Corp. The property was valued in FHTK's accounts at
        95 words
      • Article
        Lock icon Auric Pac expect to post a loss
        92 3 AURIC Pacific has warned that it expects to post a loss for the year ending Dec 31,2001. As at Nov 30 it had made provisions for. a $5.9 million diminution in the value of long-term investments mainly in Singapore, Hong Kong and the
        92 words
      • Article
        Lock icon Thai Village earnings rise 7%
        91 3 THAI Village Holdings says group net profit for the year to Sept 90 rose 7 per cent to $2.35 million, due to lower taxes. Group turnover was 29 per cent higher at |3S million. The increase in turnover was mainly due to continued growth of
        91 words
    • Article
      Lock icon China beckons but be a little wary
      733 3  -  lock siew loh hui yin THERE'S a virus going around town. And it's called China fever. Hardly a day goes by without some Singapore company announcing a new investment in China or stepping up expansion plans there. Just last week, government-linked SembCorp Marine
      733 words
    • Article
      Lock icon Trial adjourned to mid-January
      293 3  -  mD-COMnMEMT CASE By Serena Ng THE Mid-Continent trial has been adjourned to midJanuary, after the defence finished its case yesterday. Lawyers involved in the trial told BT that the prosecution's expert witness, former HSBC Securities head Christopher Chong, will take the stand again on Jan 15.
      293 words
  • Page 3 Advertisements
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      297 4 OTHER SINGAPORE INDICES Oac 24 VALUE CLOSE ITOlrtH -155.00 +17.00 from -*****.00 ♦36.00 -*****.00 -16.00 IHQMte 417.18 +1.42 —129.89 +0.87 1328.84 +2.03 MBpJhiftn 434.70 -0.49 Bflhipi 196.47 +0.57 —CI PI— 196.80 +0.20 Gok*ron5c 4.151.000 Acma50c 3,635.000 •StarCruises 10c 3,196,000 TTIr*15c 2.620,000 GES kiO Ltd 20c 2.562,000 Frontline 5c 2.555.000 Detacraft
      297 words
    • Article, Illustration
      Lock icon Time Engg wrt: time may compensate for high premium
      265 4  -  HOT STOCK/ WARRANT By R Sivanithy REGULAR readers of this and our former Warrant Watch column will know how much we admire the innovativeness Malaysian companies have shown when it comes to dealing with expiring instruments. Rather than let warrants die
      265 words
    • Article, Illustration
      Lock icon What're the chances of a year-end rally?
      785 4  -  I-I i comment STOCKS r. sivanithy A YEAR-END rally on the local bourse is not looking likely. Instead, the market looks set to end 2001 with another minor play on blue chips, more churning of the second line and dwindling volume amid continued
      785 words
    • Article, Illustration
      Lock icon Euro hit by Argentine worries, yen becalmed in thin trade
      521 4  -  I i comment CURRENCIES A better session on Wall St also helps US$ cause in Asia; enro retreats farther south of 90 US cent marker larry wee THE euro took a hit from overnight news that Argentina will stop servicing
      Source: Reuters  -  521 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2895 4 UNIT TRUSTS FUNDS Prices as received at 18Q0hrs, 24 Dec AM Mar* Am) Mgt (Spore) Star Europe Ecjty'' SJV Star Europe Bd 0.9» Star Europe Bal 0.889* Star Asian Tiger Eqty 0.751/ Star Asm Bond 1.215/ Star Asia Balanced 0.851/ Star Global Technology Fund 0-311/ Star Shv Prune* Japan Fvndf*
    2,895 words
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  • MAIL bag
    • Article
      Lock icon Danger is that index may not reflect market
      436 5  -  Narayana Narayana Singapore I REFER to your article "Disturbing trend of 'haves' and 'have-nots' in market" by R Sivanithy (Hock Lock Siew, Dec 15). Institutional investors, punters and the small man alike need to have a basis to gauge the mood of
      436 words
    • Article, Illustration
      Lock icon Construction sector needs fresh look
      450 5  -  Ng Wee Chert Singapore LET'S face it. The construction industry in its current state is dying. Recent indicators show the industry contracting further, with fewer contracts awarded and the tender price heading south. The Building and Construction Authority's early forecast of $15 billion's worth of
      FILE PHOTO  -  450 words
    • Article
      Lock icon Stuck with CPF investments
      670 5  -  Philip Toh Kee Poon Singapore I REFER to the article "Disturbing trend of 'haves' and "have-nots' in market" (BT, Dec 15) by R Sivanithy. He correctly attributed the cause of the trend to the growing popularity of unit trusts. However, I disagreed that the growing popularity
      670 words
    • Article
      Lock icon Signs of pick-up in tech sector next year
      233 5  -  Dennis Ng Kah Wan Singapore I REFER to your article "Q3 sales of LCD screens in Asia shine" by Chua Hui Min (BT, Dec 19). When almost everyone was excited about the technology sector back in 1999 and early 2000, I was
      233 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      182 5 I RTiWI Lianhe Zaobao I I Share market I I capitalisation I I saw a sham I SfiHiJ&rpllß 1 |St*7633fc3cJ gg] Where to wine, dine and entertain bmncUiomT 290 4545 24 December Euro-Asian Buffet Lunch $28.80 (Adult), $17.50 (Child*) International Buffet Dinner $35 (Adult), $21 (Child*) Buffet Miner 1 Room
      182 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      66 5 "Fantastic value! I can enjoy salads. If cream, local desserts Hka ica tocartg and tau suan, phi* fresh fruit n for only JO On onto of any local or ii—iwn deightfrom $6.90. AlprtCM-M-t-Mon-Fri lunch from Tl.3oam onwards For reservations, please H CO. 381 2138 Windsor 401 M«cPtie«on Ro«J, Singapore *****5
      66 words
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      Lock icon Page 5 Advertisements Column 3
      111 5 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind libel
      111 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 4
      49 5 Christmas Funland 25 Dec 2001 flue) Mandarin Ballroom II am to 3 pm Join us at this amusement-packed jubilee ideal for the whole family. Reservations: 831 6288 (10 am to 6 pm daily) Mandarin ffi Singapore -JOB- v 333 Orchard Road. Singapore *****7. Tel: 737 4411 Fax: 732 2361
      49 words
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  • FOCUS economy
    • Article, Illustration
      Lock icon East Asia's new challenges
      2219 6 We reproduce here a speech by Tharman Shanmugaratnam, Senior Minister of State (Trade Industry and Education) last Saturday titled 'Revitalising the East Asian Economy: Restoration, Renovation or Reconstruction?* WE ARE in the midst of a particularly challenging global economic environment. The US and Japan are in
      2,219 words
    • Article
      Lock icon Ending financial socialism, conspicuous construction
      1132 6 GOOD governance will be more important, not less, in the knowledgebased economy. Government cannot create the "animal spirits" of entrepreneurs, but they can either spur entrepreneurship or dampen it by way of the rules and environment they provide for enterprise. Individuals and companies involved in
      1,132 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon MAS may retrench 3,000 staff: report
      386 7 KUALA LUMPUR Debt-ridden airline already laying off contract staff and flight crew: sources Reuters MALAYSIAN Airline System (MAS) may cut some 3,000 jobs from its 21,000strong workforce as part of a rationalisation and turnaround plan for the unprofitable flag carrier, Malaysia's Business Times reported
      Reuters; FILE PHOTO  -  386 words
    • NOTE Book
      • Article
        Lock icon Jakarta will bonour foreign debt
        92 7 Reuters [JAKARTA] Indonesia's government yesterday said it would not follow Argentina's move to freeze payment of its sovereign debt and would continue to honour its own hefty obligations. President Megawati Sukarnoputri has previously warned that the country's ability to repay its huge debt burden was
        Reuters  -  92 words
      • Article
        Lock icon India to sell stake in telecoms giant
        122 7 Reuters [NEW DELHI] India's cabinet committee mi disinvestment (CCD) plans to approve tomorrow the sale of several state-run firms including telecoms giant Videsh Sanchar Nigam Ltd, its biggest deal in a decade, the Business Standard reported yesterday. The paper, citing unnamed sources, said
        Reuters  -  122 words
      • Article
        Lock icon China sets rules for foreign insurers
        95 7 Bloomberg [SHANGHAI] Foreign insurers seeking to tap the US$l7 billion Chinese market will have to have 30 years experience and a minimum US$5 billion in assets, under new rules released by the government. The rules, which take effect on Feb 1, also require overseas
        Bloomberg  -  95 words
      • Article
        Lock icon Shenzhen eyes Universal theme park
        68 7 AFP [HONG KONG] The Chinese city of Shenzhen, adjoining Hong Kong, is in talks with Universal Studios to build a movie-based theme park, it was reported yesterday. Shenzhen tourism chief Chi Xiongbiao was cited by Hong Kong newspapers as saying the city government was holding
        AFP  -  68 words
      • Article
        Lock icon Tenants to sue Henderson Land
        103 7 AFX [HONG KONG] At least 10 tenants at Henderson Land Development's International Village shopping centres in Vancouver are taking Henderson Land to court, accusing the developer of duping them into renting retail space on false promises that the mall will be an attraction, the South
        AFX  -  103 words
      • Article
        Lock icon China's urban jobless may double
        90 7 Reuters [BEIJING] China's urban jobless rate could double to 7 per cent as entry to the World Trade Organization brings sweeping reforms, the People's Daily, the Communist Party mouthpiece, said in a commentary yesterday. The forecast, although higher than official estimates, is still far below
        Reuters  -  90 words
    • Article, Illustration
      Lock icon Thaksin sees rebound next year
      375 7 BANGKOK Global uptnrn, his govt's policies will fuel growth, he says AFP THE Thai economy could rebound in late 2002 on the back of a global upturn and government efforts to build the domestic market, Prime Minister Thaksin Shinawatra was quoted as saying yesterday. Thailand
      AFP  -  375 words
    • Article
      Lock icon Plan to drop Suharto charges sparks debate
      522 7 ■JAKARTA Opponents say it win undermine role of law commitment AFP THE health of former Indonesian dictator Suharto improved slightly yesterday as a plan by President Megawati Sukarnoputri to withdraw multimillion-dollar graft charges against him sparked intense debate. "He is no longer on
      AFP  -  522 words
    • Article
      Lock icon No need to repeg RM: Bank Negara chief
      132 7 AFX [KUALA LUMPUR) Bank Negara governor Zeti Akhtar Aziz said there is no need to repeg the ringgit as the economy is in a good position and the financial system is not under stress, the New Straits Times reported. She said the
      AFX  -  132 words
    • Article
      Lock icon YTL Cement mulls buying UEM's cement business
      307 7 U KUALA LUMPUR Bloomberg YTL Cement Bhd, the cement unit of Malaysia's biggest builder by market value, says it is considering buying the cement operations of United Engineers Malaysia Bhd as it looks to expand its business. A sale will kick off UEM's
      Bloomberg  -  307 words
    • Article
      Lock icon China to launch national stock index, says report
      261 8 SHANGHAI Reuters CHINA is likely to launch a national stock index in the next few months and index futures six months later, state media quoted the top adviser to the securities market regulator as saying yesterday. "A timetable for the launch of
      Reuters  -  261 words
    • Article, Illustration
      Lock icon China United to offer nationwide CDMA network
      325 8 BEIJING Mobile operator's 24b yuan network can serve 15m nsers in 330 cities Bloomberg CHINA United Telecommunications Corp will offer Chinese phone users the first nationwide code division multiple access (CDMA) mobile service next week, pitching faster, clearer calls in a bid to
      Bloomberg; REUTERS  -  325 words
    • Article
      Lock icon Taiwan's jobless rate hits record 5.3% in Nov
      357 8 TAIPEI Finns moving ops to China cited for 15th consecutive rise Bloomberg TAIWAN'S jobless rate climbed to an 11th straight record in November as companies fired staff and moved production to China to cut costs amid falling sales. Unemployment rose to 5.3
      Bloomberg  -  357 words
    • Article
      Lock icon China to change management of domestic interest rates
      299 8 SHANGHAI Unified approach to rates on ynan and foreign currency AFX-Asia THE People's Bank of China (PBC) will change to using "unified and coordinated" management of the domestic interest rates on yuan and foreign currency following entry into the World Trade Organization
      AFX-Asia  -  299 words
  • Article, Illustration
    Lock icon FINANCE
    1078 7 Transaction date: Dec 24 WHOlflMMMTI At C$ MO ft fir m fm 90 QHMOM tm mm Or rn MMM1 1 Au*r*t OJM 42M 0.572 3.750 U» 3.970 24.393 ***** 44M 4442 LOB 1223 30*7* ***** OJM 4231 4MB 17JB22J74 4393 OJM C«NM L237 1221 4707 4*41 U04 4.9U 3403
    1,078 words
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  • Article
    Lock icon COMMODITIES
    1553 8 8I00M FlfTUkBg Dec 21 MMBIdMra dnta« m at SJOpa) RSS1 CONTRACTS cMtsfa) Ctest Vo*Mt OpM Mm** Ml|fe Lot Sttt (ton) M«r«t Jm02 90.75 F*02 9175 Mv02 92.00 AT/Jm 02 9125 ISS 3 CONTRACT (US CMb/kq) VotaM OpM *N* Uw Sttt (tows) hrtwtrt J«02 4925 ISO F* 02 49.75 49SO
    1,553 words
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  • WORLD news
    • Article, Illustration
      Lock icon Japan's cabinet okays Budget spending cuts
      432 9 TOKYO General spending will be cnt by 2*3% next year in first reduction in 4 years Bloomberg JAPAN'S cabinet yesterday endorsed a Budget plan for next fiscal year that will cut spending by a record to curb debt that's the highest of any industrialised
      Bloomberg; AP  -  432 words
    • Article
      Lock icon HP looks to expand from desktop to digital printing
      509 9 BOISE, Idaho NYT HEWLETT-PACKARD has pitched its proposed acquisition of Compaq Computer as a bold move to build a portfolio of computing systems and services to take on IBM and Dell Computer. It has argued that the US$24 billion deal would
      NYT  -  509 words
    • WORLD Watch
      • Article
        Lock icon Musharraf win crackdown
        122 9 AFP tatiJiNUj rax is tan i President Pervez Musharraf has vowed to crackdown on two Kashmiri terrorists groups accused of attacking the Indian parliament provided that evidence could be found. "Yes, if we find evidence of it, we would like to move against them," Mr Musharraf told
        AFP  -  122 words
      • Article
        Lock icon Taliban intelligence deputy nabbed
        31 9 AFP [ISLAMABAD] US forces in Afghanistan have arrested the deputy head of the Taliban regime's intelligence department, Abdul Haq Wasiq, the Afghan Islamic Press said yesterday. —AFP
        AFP  -  31 words
      • Article
        Lock icon Pearson sells TV stake at 1.5b euros
        81 9 FT [LONDON] Pearson, the UK media and education group that owns the Financial Times, has agreed to sell its 22 per cent stake in pan-European broadcaster RTL to German media conglomerate Bertelsmann for 1.5 billion euros (552.5 billion), marking its departure from commercial
        FT  -  81 words
      • Article
        Lock icon Stanchart plans boardroom changes
        73 9 AFX-Asia [LONDON] Standard Chartered is planning a clear-out of its board to bring in new blood and will announce the reshuffle at its annual meeting in May next year, reported the Sunday Times without citing sources. TTie newspaper said among the candidates to depart are Lord
        AFX-Asia  -  73 words
      • Article
        Lock icon Job cuts at Mitsubishi Heavy Ind
        70 9 AFP [TOKYO] Japan's Mitsubishi Heavy Industries will cut group workforce to 61,000 by fiscal 3006 from the current 67,000 in a bid to reduce costs, a news report said yesterday. The measure, to be incorporated into a four-year management plan starting from fiscal 2002,
        AFP  -  70 words
    • Article, Illustration
      Lock icon After Sept 11, it takes more to frighten investors
      800 10 LOS ANGELES This explains why haven't had much effect on markets LATWP ONE of the consequences of the Sept 11 terrorist attacks may be that investors' threshold of fear is significantly higher now than before the attacks. That could go a
      LATWP; AFP  -  800 words
    • Article
      Lock icon IPOs may be fewer but they were certainly better
      327 10 NEW YORK Average IPO rose 8.41% this year, when SAP 500 fell 13.7% Reuters THE few companies brave enough to make their public debuts in 2001, the worst year for the number of initial public offerings since the *****, found the
      Reuters  -  327 words
    • Article
      Lock icon US anti-terror laws make private banking a whole lot tougher
      577 11 NEW YORK Patriot Act will make it hard for foreigners to open accounts in the US Reuters SAY good-bye to your Cayman Islands bank account and the days when a firm handshake, a well-tai-lored suit, and a driver's licence were
      Reuters  -  577 words
    • Article
      Lock icon Marks & Spencer's Paris stores looted
      242 11 Marks Spencer's Paris stores looted FT [PARIS] Marks and Spencer's retreat from continental Europe ended in an unedifying root over the weekend as shoppers looted its Parisian stores. Bargain hunters gorged themselves on smoked «hnnH they had ripped out of packets and pocketed trinkets plundered from Christinas crackers. As police
      FT  -  242 words
  • Article
    Lock icon STOCKS ASIA
    4995 9 Transactiori date: Dec 24,1.00pm for more, go to iimrwnsiaonenmarketsxom HONG KONG Vai wa w- -wm Acros&Asia Multimedia 0.50 unch 0 Alpha General- 0.0* unch 2860 AmoyProp 805 -0.15 2795 AnandaWingOn .0.05 inch ***** Angara New Steel H .089 unch 562 AnhuiConchH 142 inch 4056 Anhu Expressway H 1.31
    4,995 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      40 9 You never fifi actually own a Patek Philippe. JR" PATEK PHIUPPE You merely geneve yBHhhSP/ Begin your own tradition. look after it for the next generation. jfiflT Geneva Master Time, Tel: (65) 732 1506. www.gmtsingapore.com Annual Calendar by Patek Philippe
      40 words
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  • Article
    Lock icon KLSE
    2491 10 Transaction date: Dec24,l.oopm KUALA LUMPUR Vel w- f mm A A M Realty 0X7 0.02 5 Abnt 1.89 -0.02 57 ACP Industries 2J2 0.01 11 Attorn Synergy .0.61 unch 31 Affin Holdings .023 i*Kh 71 Ahmad Zaki Res 398 0.02 1 AJCCorp 4.34 0.04 2 AikbeeRes 2 00 -0.02
    2,491 words
  • Article
    Lock icon SGX
    753 10 Transaction date: Dec 24 a—11| »a«a—a m omt Omm C*C 0.32 UX -0.020 IMM Sk 017 0 M5 .0415 CapflaLand i.a 1410 -OOW OCK 647 ***** Chart Second 1.W 4440 <4.100 OUf 030 n« <0.100 City Dav 50c 2 51 6J00 »0OT0 Parkway H 2S( Ml 0JS5 Cyw'g' 041
    753 words
  • Article
    Lock icon BONDS & WARRANTS
    651 10 BONDS WARRANTS UM MCM emt iJoJ <*■»—> wit *m- rimiii w» %«—*m u» AST1W*)***** 215 1 16 12 156 30 Acma Ltd **>***** U 1 SO 494 2-57 35 Amtak*rt>***** 31 1 13 9 189 42 Armstrong W040S20 4 1 10 56 2J5 29 *flM*OOdPWQ***** 05 1 166 2462 13
    651 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 1
      194 10 CRYPTIC CROSSWORD 26 Ancient monument Helga and Tim restored (8) game of cribbage (6,3) Across: 1 Soundtrack, 6 Ogte, DOWN 14 Charming auditor appears 10 Caddy. 11 Bandicoot, 12 Iron 2 Staff includes a man of in- in the finale (9) duke, 13 Homer, 15 Leonard, flexible nature (6) 15
      194 words
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  • Article
    Lock icon SGX MAINBOARD
    4104 11 Transaction date: Dec 24 for live prices, log onto tmmvxisiaonemar/cetsjxnn a A ■r-sfa.n st [■sru.a— a a ■y-aga.-g g-* 9 6 AONAjtitoNLG 56c 9 3.4 138 -sKonam.Y50 IV1W1 395 15 c ACE DynarmoJOc 11 11 13 0.3 49 0.5 61 1 109 12 235 8 MicSk 13 *****.1
    4,104 words
  • Article
    Lock icon SGX XTRANET
    48 11 NM*lL 12 J5L MM KM WMtaa "1* t—' Mi w- ft m+ f ag Cw M tS w5 11J80 mo Diamonds US990QwJ 6890 3830 i IS OJ US Tech USS4C0 555 ««0 s IS MSG Spore —U545IM 12B0 9870 ISSAPSOO US***** ***** 99S0 s SPOW US117M
    48 words
  • Article
    Lock icon SGX SESDAQ
    1329 11 ■y um s*» w- r*m 16* I— fc»er cm m >3 w5 405 12 c APCa-?* \l HS *J i II U U W M 12 c APOHSc.— H H 173 4,1 14 16 '2 2 C 2 438 423 413 42 425 *7 24 01 HI 44
    1,329 words
  • Article
    Lock icon CLOB INTERNATIONAL
    273 11 ,*f* JSf M> CrVM M MCaf I— Ciwpwi Ud» W- W U» *fm S*f Cw Hf J AVJww*igiA25cA >1 40 3.4 tlj 4.9 110J 720 265 2.1 7.4 6 243S62 Chcvng KongSOc HK _1790 240&JC.7 3 *****5 a CMy* SaWmUHK. 45 2 7.6 4.4 446 1724 GadM*2000US 755
    273 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Talented customers, talented staff
      1364 12  -  Talented customers are those who involve themselves in yon, challenge yon and ask yon for things. They take an interest, make ami ™>npiain How to retain high value customers and employees in the New Economy workplace? PATOXCK takes a look at the issue PATRICK LAMBE The
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  • SHIPPING TIMES
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      267 13 Reuters THE Baltic Dry Index (BDI) rose two points to 869, the Baltic Panamax Index (BPI) gained eight points to 868, the Baltic Handymax Index (BHI) fell two points to 6,836 and the Baltic Capesize Index (BCI) was down two points to 976. TIME-CHASTER: Anangel Dawn (built 1994)
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      Lock icon MARITIME STOCKS
      270 13 B*£« U m CWT Distribution CL52 001 1 Chum Hup OJS -OCT TO Co*caliwwtm*nt_023 -0.01 259 frafaht Link* 006 unch 10 OS Holding* 0.46 unch 0 IMCHoWlnvs-HK 5-6C unch 0 JayaHoWtng*___0.>6 unch 40 KappalCarp vm 002 179 K*pp*< FtLS LS4 unch 0 K*pp*t Marin* 0-22 OOI 0 K*pp*IT*M
      270 words
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      Lock icon S'pore container volumes rebound to hit 1.36m TEUs
      563 13  -  October the busiest month so far, surpassing July high of 1.35 m TEUs By Beth Jinks [SINGAPORE] Singapore's container throughput enjoyed a minor comeback in October, which has proved to be the busiest month of this disappointing year so far. The ports
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    • PORT Shots
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        Lock icon Japan arrests Chinese for smuggling
        123 13 AFP [TOKYO] A dozen Chinese, including eight stowaways, were arrested on the southern Japanese island of Kyushu cm Sunday for allegedly being involved in an operation to smuggle Chinese people into Japan, the coast guard said. "Hie coast guard said it discovered the stowaways, including
        AFP  -  123 words
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        Lock icon K Line charters 2 LNG carriers
        109 13 [SINGAPORE] Japan's Kawasaki Risen Kaisha Ltd (K Line) has reached an agrocment with Stetoil ASA for the long-term charter of two 140,000 M3-type LNG carriers, to be built by Mitsui Engineering and Shipbuilding and Kawasaki Heavy Industries Ltd. The vessels will be ussd for2o-30
        109 words
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        Lock icon Seabulk unit certified by ABS
        70 13 [SINGAPORE] US-based Seabulk International subsidiary Seabulk Offshore Ltd (SOL) has been certified in compliance with the International Management Code for the Safe Operation of Ships for Pollution and Prevention by the American Bureau of Shipping. SOL's fleet of 60 vessels ssrvloss oil and gss exploration
        70 words
    • US PORT security
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        Lock icon Port of entry now a point of anxiety
        922 14 The Sept 11 attacks on the US have produced yet another push by legislators to beef up security and crack down on criminals operating in and around the country's ports NYT [NEW YORK] LATE last month, the commandant of the US Coast
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      Lock icon SHIPPING SCHEDULES INDEX
      144 14 PACE totmlup 5 BSA 6 BtaqMas 6 CMACGM 3 COSCO 3 CotumOus 6 i Centra El 6 CMmShpg 5 Cougar 6 t CVTGIobetink 6 Mm 4 DiakUoyd 6 Doognwiw 3 ECl 4 Evergreen 6 FoongSun 5 Futai 4 Furtrww 4 Gmurtrans 4 K*oqIi 6 Hyundai 4 HnjfXjA
      144 words
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      12992 19 THEBUSINESSTIMES TUESDAY, DECEMBER 25,2001 EXPORT p age 7 ETA ETA Advertiser Vtsstf Voyag* TttcpOon* SIN Dtst'n Nj fDc To ABIDJAN (ABJ) 2003 Cot* D'I voir* 02/01 09/02 COSCO EMPRESS SEA 0H9W 65-22WOO 03/01 02/02 D*im*s HYUNDAI FREEDOM 304W 45-*****44 04/01 8/02 Chin*Shpg VIILLE DC VENUS 409W 65 5330^98
      12,992 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        383 21 Vessel Voy No tertti Antral Departure Jm|Nrt M Harmony 24/12 JW 2VI2/<:15 24/12MOO Bt H 3696 KOI JOI 24/12/8:45 24/12/15*0 Cross Star 7 JH 24/12/755 28/12/8*0 Pwtri Makar 2053 Jt6 24/12/8:45 24/12/13*0 BayswatarTIS HI305 J02 24/12/8JO 24/12/20:00 Tim States 8 J04 24/12/9:20 24/12/1830 SnUnO Sk0t06 J09 24/I2/KMX) 24/12/21:00
        383 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1919 21 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booktnq/BaUnco tstls SWp Voy No Etb/Btr Park* Frow To Prow *a NMMUA 045A 23/000 21/800 23/1*54 23/1*00 a 21/1700 24/0*54 24/9400 2t 23/1700 24/0*54 24*900 24*700 24/1154 24/MOO 4 24/1200 2VMM 24/1700 WWnB MM 25/2300 23/800 2VW 23/800 U 2
        1,919 words
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        Lock icon GLOBAL HOLIDAYS
        87 21 Dto«kw2s United Kingdom: Christinas 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: Christmas Day
        87 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        776 21 THIS report, compiled by Cockett Ma rine Oil Ltil, shows price ranges in US dollar* instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        776 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        450 21 C*rfcoa ISO Hu 990.4 0.6 157 0.09 62 0.04 Nc 20 0—dty nor ResMae IUMImMm MM No above E2S 0 0 2 0 0 0 380 AM 986.5 07 05 0.05 30 0.02 In 380 Max 990.3 0.1 167 0.06 61 0.04 M/Wl %*n »M/M %H/M
        450 words
    • AIR & LAND transport
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        Lock icon Taiwan, Hong Kong air accord to be extended
        347 22 AFP [HUALIEN, Taiwan] The existing Taiwan and Hong Kong aviation agreement is expected to be extended after it expires at the end of this month, the island's top mainland policy maker says. Tsai Ing-wen, chairwoman of the Mainland Affairs Council (MAC), says
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      • Article, Illustration
        Lock icon EVA staff to take 10%-30% pay cut
        117 22 AFX [TAIPEI] EVA Airways Corp said the company is set to undertake a salary cut by 10-30 per cent from Jan 1. "It would be a two-tier scheme. With flight attendants and low-echelon staff subject to a 10 per cent reduction, managers are
        AFX  -  117 words
      • Article, Illustration
        Lock icon Virgin Express in alliance talks with Sabena unit
        418 22 But Branson's airline denies plan to merge with Delta Air Transport AFP [LONDON] British tycoon Richard Branson's low-cost Virgin Express airline is in talks about a link-up with a subsidiary of Belgium's collapsed national carrier Sabena. But the airline denied a report
        AFP; AFP FILE PHOTO  -  418 words
      • Article, Illustration
        Lock icon US grounds C-141 planes
        86 22 AP [MEMPHIS] A C-141 transport sits on the tarmac at the Tennessee Air National Guard facility, in Memphis, Tennessee, after the left wing broke off the aircraft during a refuelling operation on Friday night. Cleanup crews were busy on Saturday containing the estimated 9,ooogallons of fuel
        AP  -  86 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1622 22 on ww na mow tw MM* LH9770 2230 mm aw Kmfttrmm S023 0*23 6A974 0130 ma m an MM—*m IMOC QMS MW WM MK 2255 MEM LH9T7 MO K242K 204S H22J 850 S0205 2045 S062S2 *50 N242M 2020 «a> an omhm mm om isfi»m»w M2i noo
        1,622 words
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      319 13 V— raised $4,900 in funds to purchase food items for 350 needy homes through a year-end charity project. The MPA also contributed another $10,000. Conferences Events The Sixth International Conference on IT in Shipping (CITIS) 2002 will be held at the Inmarsat Conference Centre in London from March 18 22,2002.
      319 words
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      100 13 US port security: Port of entry now a point of anxiety Pg2 Virgin Express In alliance talks with Sabena unit BackPg Bp kfi «T r^jrbit* I^- r#s ♦w*** The Shipping Tunes now featuies a full page of logistics news on Thursday every fortnight Current trends, latest developments with specialist writers
      100 words
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      185 14 r NYK LINE (ASIA) PTE LTD i K Wishes All Our j k Customers Business Associates I I mmm j I (p®co ircdi gso mi vi/aco 1 SENLIM AGENCIES PTE. LTD. 133, Naw Bridge Road, #06-09. Chinatown PoM A S'pore *****3. Tit *****00 Fax: *****04 Talax: RS ***** SENUM WBOY
      185 words
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      593 14 line» service* represented by Members of fa Registry of Members of fa Accr £ted Shipping Agenh, Sin 9°P°™ Lo 9' it cl Singopore Shipping Association Associotion ULY UNC MALI wsa voy Ira eu Troi P. KUMG SPOtE MU Empress Lit/ I V *****05/01 106/01 1 13/01 1 Princess Lily VOlO2
      593 words
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      1024 15 TO USA (SAX SERVICE) vtssa voy sjh ro uu oak mi hod cm an in m. ntc APISCOTIANP 1051 24/12 10/01 15/01 15/01 IS/01 15/01 10/01 15/01 17/01 17/>1 APICYKMI 1071 02/01 17/01 21/01 21/01 21/01 21/01 22/01 21/01 23/01 23/01 TIA TM 09/01 24/01 29/01 29/01 29/01 29/01 30/01
      1,024 words
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      1595 15 It UM 1 T/TsISiIVSI mum > t/t :is myi TVKSTI T/T s 21MVS J ITfk mHSSMT* 11 7743 I»SIV7A —MMUmai TtLO7-3S3«l** FAX: 07-353A170 COSTAR SNIPPING PTC LTD 2EKM2 1 KWTUANG 03-*****433 03-*******! a NO: U*****0000M TH: 72* 1000 (MAOQ INWARD (0 /0) *****0* 23*5311/41 KNANG 04-2****** 04-2****** T/SMPDCTT *****25 *****1*/4*
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      356 15 vßsa vor aw jkt sw msmtnt 112 mi vi vi v\ i/i w APUUC ■m w» ifl vi IB mmmmm PCE aw yi vi mum <c 3w 1/1 mi yi vi «/i 11/1 n/i ivi rasa wr si me wo au no ih HiwMMMEU ioas 11/12 i/i m ivi i»/i
      356 words
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      1319 16 HMk HYUNDAI MERCHANT MARINE CO., LTD. Ivesa vor I M I sou uw i« ant ham I mv~| ivesa |wt sou I i« rb mw I nab bv HYMotes 334W 17/12 M/ 01 01/01 01/01 AS/01 M&MH S43E M/ll 01/11 15/11 27/11 11/12 API OR* lam 21/12 07/01 12/01 00/01
      1,319 words
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      813 16 Carrier MM COWTW LINES, INC p. guoang <o7) *****26 i~]V*/ \"l CM Mfc 1111 IT SOU: (004) *****0 MAMLA: (652) *****24 PENANG: (04) *****36 BANGKOK; (882) *****67 SURABAYA: (SI) *****11 P. KELAMG: (03) *****77 JKT (21) *****46 KUCHMQ (082) *****1-3 Mjj 1 FELIXSTOWE MV "WAN HAJ 161" VLNO74 MV "HANJIN
      813 words
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      483 16 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO" COLOMBO t NHAVA SHEVA (CFS MULUND. MUMBAf) ALSO ACCEPTING TO ALL NORTHERN AMO MfESTERK CO POINTS msamm wi stm rnn—il iwdi| ii—mm In—w va-au va-aaan ■KISO SOON NK J»(K 1 ill MMD WUW IP WtAnUIOWSS MM lIH SIM IMI HOMO »«IW MSMfcTM H144 Ml
      483 words
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      1453 17 IVISSa VOY KHH HKO |«N I PKi I PX» RAR PAAAA MC KAN HERMAN Pd-239 23/12 ***** 29/12 ***** ***** 47/01 09/01 11/01 MAN ISFAHAN PCL-240 31/12 02/01 05/01 06/01 13/01 4/01 16/01 IR/01 MAN HORMOZOAN PCL-241 06/01 09/01 12/01 13/01 20/01 21/01 23/01 25/01 MAN TEHRAN PCI-242 13/01 16/01
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      384 17 i R3I UK CONTINENT SERVICE Loading for PISCES EXPLOfICR RDM/ATW/BMNAJK/LPL NEW EMERALD RDM/ATW/BMNAJK/LPL EXPLORER H RDM/ATW/BMNAJK/LPL Loads Sngapore. E-/W >4a«aya. Indonwa MIDDLE-EAST SERVICE Loading tar FAVOfIfTA JDH/AQA/DMT/TRP/T AR AUKRATOR JDH/AQA THEBES ADN/HDO/JDH/AQA RAINER Oei/ABU/DOH/BRN/DMM/KWT LOK PRATOP DBl/ABU/DOH/BRN/DMM/KWT ZEYNEP ANA JDH/AOA/DMT •Loads Sngapore. E7W. Malaysia. Indone— USA SERVICE Loadtagtor MYRTO HUS/NOtTSAV/NFK/CAM
      384 words
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      890 17 v&v WALLENIUS WILHELMSEN TO HORTH AND UTIN AMERKA "CAR RORO HEAVYUFT SCRVKI* IVISStt VOT QB IHPGHTI SW UCI MAO IMA SAV I 4AI 1 Q«f I KTC I ttW I 004 TAPIOU AH2OI 4001ws 4.3* 21/12 03/02 M/ 02 01/02 10/02 11/02 13/02 17/02 19/02 TAJ4M AH2O2 400lw 6.3 M
      890 words
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      1306 18 I WOW/UK/ICAWPPMyU arotT wsa/wa Iso mTwT[nf be W iimrroipgiw ayi? i7A)i imT ami B«6»NN6ol7aftlM»s Ml 2H» UIBODWEOI2MOW Ml Ml 2fc/DI 27/ DI |fIR ORNttOffIMOU IMI I 2VDI Ml I Ml 1 Ml |W lAST AND WIST MCDfTEMANEAN/UACK MA Exrorr vßsa/voT/w pg~]tra gna fos jm |vu \m~ EVBt GLUIO 0C*****W 27/1?
      1,306 words
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      Lock icon Page 18 Advertisements Column 2
      884 18 Ira uk/nowh axon mm warnr sawg ffiS men ML— W1 I SOU HAM I ITM I AMI 1 EEH -gj ZZZI2__2IZI2 IiZQJ 14ZSJ IMI 22ZHJ MJ HSL P'/Q' JBfll 20Z&J 22/01 24/01 ZZZQI Mi jWORASU SIWGA 1201-flt 01/01 09/01 27/01 29/01 31/01 04 0? 02/D2 Acopting cargo to al UK
      884 words
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      548 18 BSA x l &^^B^ MYANMA FIVE STAR UNE (Myooowr Notioool Um) lnfa| for YOO9OO VDSB VOT SM PU PEN P6II MPA-AM 2t9W SIS MONO LA WW SU> MALAYSIA AGENTS: IOUSTIAD SMPPMG AGENCKS KUL m 03-2141 JIM PIL 1H 03-3176*101 PEN: TE 04-*****07 PGtfc TH 17-*****21/4 BANK LINE (A sorvko o(
      548 words
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  • Page 21 Miscellaneous
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      Lock icon Page 21 Miscellaneous Column 1
      117 21 JE 5E LEGEND: Issued by Meteorological Service Singapore Thunderstorm Rain Temperature Wind direction and speed in knots a Weather ci Cloudy Day Wmd spLed symbols Sea Condtions O Full arete w/o line indicates calm or light and variable winds j l 1 -I—-One1—-One half fleche represents 5 knots Moderate, 1
      117 words
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      67 22 i •x—l A WfMRTTfM W1 Wa MB' ~Z**" I mk:y -~rrx^p^!^^Bri JPf" ni'tJf #P I b 9 B T 'W' Ls-jBbHHT AP Security tightens WASHINGTON] A traveller, heading home to Kansas City for the holidays, pets a bomb-sniffing dog as an airport mthority officer controls the dog over the weekend
      67 words