The Business Times, 27 December 2001

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Total Pages: 26
1 26 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Inteir.ct: {uip://business-times.asial com.sg/ SINGAPORE THURSDAY. DECEMBER 27. 2001 85*
    15 words
  • 76 1 Dsn UMJ7 (+5.64) SMI MEL36 (+2.56) ST INDEX POTURES VMM (+10.00) snanmnss 197 JO (-1.20) 9T0CE MABKET INDICES Wednesday Change KLSECOMP 879JO +9.72 NIKKEI 226 —10,***** -6124 HANG SENG Owed SET INDEX 104.44 *10 JAKARTA COUP -***** -018 MANILA COMP .1446.49 -148 TAIPEI WPI *****S +19.82 SEOUL COMP
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  • 72 1 FOSEX SATES ust St USS (SS per USS) L84I £(USS/SS per 2) L444 tWt EUROOJSS/SS/E). 0.881 1.624 DM tm L204 YEN 110.7 7<U0 BM MOO tOtt HKS 7.797 1231 BAFT 44.04 2SJ1 RUPIAH 10,190 MM PRIME SATES SINGAPORE* 51ft KUALA LUMPUR 6.40 HONGKONG 6.125 JAKARTA 39.00 TAIPEI 6.79 TOKYO
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  • 474 1  -  China's leading financial daily slams it as 'irresponsible' From. Anthony Rowley in Tokyo AS the yen's slide accelerated yesterday taking the Japanese currency to a new three-year low of below 131 to the US dollar a leading Chinese financial newspaper slammed the yen's
    474 words
  • 492 1  -  Mannfa storing sector falls a slower 13.6%; but figure masks continued big drops elsewhere Reports by Eugene Low [SINGAPORE] Thanks to a surge in pharmaceuticals production, the slide in Singapore's manufacturing output moderated in November. Latest figures from the Economic Development Board (EDB)
    Source:EDB  -  492 words
  • 371 1 {SINGAPORE] The advance estimate of Singapore's fullyear economic growth widely expected to be between minus 2 and 3 per cent wiU be released next Wednesday (Jan 2), earlier than usual. The Ministry of Trade and Industry's flash estimates are normally released 10 days after
    371 words
  • 411 1 ffyhmrrjWtm [SINGAPORE] The Singapore dollar was forced to its lowest level against the US dollar in more than 11 years after the greenback powered through 130 yen in thin Christmas Day trading and hit a three-year high of 131 yen in Asian trading
    AFP; Source: Reuters  -  411 words
  • 580 1 Reuters [SHANGHAI] In its first year of WTO membership, China will usher in a string of financial market reforms designed to crack open Asia's second largest stock market to foreigners, analysts said. They said 2002 should see the debut of
    Reuters; AP  -  580 words
  • Page 1 Advertisements
    • 107 1 mama Top itori** i\y" f Mortgagee properties put up for auction jump 30%. P92 Tender for proposed Harbour Front Mall next to World Trade Centre building shelved. Pg 2 Zurich Scudder office in S'pore to close. Pg 3 Horizon.com slashes workforce by 25%. Pg 3 Clouds of war looming over
      107 words
    • 12 1 Lm Han Shlh: Should Chartered Semicon merge to muscle Into China? Mzrr.pgie
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    • 65 1 V J) I a Rf STORING COL LfCTORS' T I M f P I F C F S HANDCRAFTING NfW ONfS. j j .(»> > >(» N> N N **S s iSS > >S >S('(» \i 11 11«• viii'iit I i i<ni lIUN \l lON \l v I H nvMi
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    • 10 1 China to push foreign stakes in state firms, Pg 11
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  • NEXT page
    • ON THE grapevine
      • 112 2 IN the West, sex sells and Playboy Enterprises obviously knows it. The girlie magazine company founded by Hugh Hefner and now rim by daughter Christie recently sought to bolster its fortunes by spicing up its relatively tame cable TV with hotter fare. In July Playboy
        112 words
      • 88 2 DON'T mention the word "bonus" on Wall Street these days. Barron's Dec 24 issue said the average payout is expected to be 30 per cent less than that 12 months ago and could plunge as much as 60 per cent for under-performers. Based on current estimates, the
        88 words
      • 184 2 FOR those who haven't yet received it, this e-greeting, which has been circulating on the Net, is worth reading for a chuckle: "Friends, please accept with no obligation, implied or implicit, my best wishes for an environmentally conscious, socially responsible, low-stress, non-addictive, gender-neutral, celebration of the winter
        184 words
    • 86 2 IN our Dec 22 article "The cast for Year of Living Dangerously", we published share price performance rankings compiled by Interactive Data Systems, in which Target Realty was ranked the poorest performer. This was an error, as capitalisation changes at Target were not taken into account. After appropriate historical
      86 words
    • 564 2  -  Consultant expects number to rise further next year By] Kalpana Rashiwala [SINGAPORE] More properties belonging to owners who have defaulted on their loans are expected to go under the hammer next year, following an increase of almost 30 per cent this year
      564 words
    • 365 2  -  Blarket watchers speculate if the mall's development will also be affected By] Kalpana Rashiwala [SINGAPORE] A tender that closed just last month for a 100,000 sq ft hypermarket spot at the proposed Harbour Front Mall next to the World Trade Centre (WTC) building has been shelved
      365 words
    • 345 2  -  F&irPrice Inv, Quek Shin; and 2 units to absorb issue By Serena Ng [SINGAPORE] A month after Capita Land announced it was seeking private investors for its Sing Mall Property Trust following its failed initial public offering, the property heavyweight yesterday said Fairprice
      345 words
  • Page 2 Advertisements
    • 72 2 GD g era Id genta I 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
      72 words

  • SINGAPORE companies
    • 349 3  -  BTiamil-™ Eight of nine staff to be retrenched following takeover by Deutsche Bank Byi Serena Ng JUST over a year after it was set up, fund manager Zurich Scudder Investments' Singapore office will be closed by the group's new parent Deutsche Bank as
      349 words
    • 696 3  -  HOCKIMJiI.-im.il quak hiang whai JACK Welch, the former chairman of General Electric and arguably the most outstanding chief executive of corporate America, wrote in his autobiography that one of the hardest things he had to do in his job was to remove
      696 words
    • 202 3  -  Bi David Boey INTERNET services company Hori2on.com said yesterday it has cut its workforce by 25 per cent as part of "aggressive steps" to "reposition itself as a leading elearning and education solutions provider". In a statement to the Singapore Exchange, Horizon's executive chairman Ng
      202 words
    • COMPANY Briefs
      • 151 3 SINGATRONICS has announced that its wholly-owned Australian subsidiary Singa Hotels and Properties (SHP) will sell its Parkroyal hotel in Melbourne to an individual, Wong Kie Nai, for A 537.65 million (SS3S million). The hotel was bought in December 1996 for A 535.04 million and is
        151 words
      • 61 3 AFX ECS Holdings has received net proceeds of 526.3 million from a private placement It said it has used $13 million of this to repay the bank borrowings of a subsidiary. The balance will be used as working capital and for strategic acquisitions. The
        AFX  -  61 words
  • Page 3 Advertisements
    • 294 3 9! MAYFRAN INTERNATIONAL LTD (Incorporated in the Republic of Singapore) UNCONDITIONAL CASH OFFERS ("OFFERS") BY YONO KANQ INTERNATIONAL LTD FOR MAYFRAN INTERNATIONAL LTD The Board of Directors of Mayfran International Ltd ("Mayfran" or the •Company") wish to announce that it has today despatched to the shareholders and warrantholders of the
      294 words
    • 1514 3 Singapore Press Vflv Holdings SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of the Company will be held at The Auditorium, 1000 Toa Payoh North, Ist Storey, Annexe Block, Singapore *****4 on Friday,
      1,514 words

  • SINGAPORE markets
    • Article, Illustration
      310 4 OTHER SINGAPORE INDICES Dec 26 VALUE CLOSE -139.CX) +16.00 WCMH -*****.00 +8.00 WlUqrMR -*****.00 -13.00 *MQipMw 417.40 +0.22 MMfciBwl 130.80 +0.91 WrpHnfti 1334.91 +6.07 tQE»*l«PHp 430.82 -3.88 ■Wfappari 196.64 +0.17 awariBw 197.60 JK Yarning 20c 5,728,000 Wizoflfce 5c 4.900,000 GES InO Ltd 20c 4,704.000 Urn Food HK25C 4,633.000 StarCruises 10c
      310 words
    • 262 4  -  HOT STOCK/ WARRANT By 1 Serena Ng SHARES of the Singapore Exchange (SGX) have rallied in the past few weeks in line with the broader market, but the technicals indicate that downward consolidation is in store. The counter sank to
      262 words
    • 684 4  -  JKJUkJLaHiBUJbiLUJ STOCKS r. sivanithy THERE was little to differentiate trading in the local stock market yesterday from that on many other sessions this year. The same ingredients were present minor plays on a few index stocks, house-trader churning
      684 words
    • 795 4 Korean won, New Taiwan dollar also weaken in tandem with Japanese unit AFP, Bloomberg [TOKYO] The yen fell to a fresh threeyear low against the dollar in Tokyo yesterday on weak Japanese economic fundamentals and no signal from the government it would
      AFP,; Bloomberg  -  795 words
  • 2880 4 UNIT TRUSTS FUNDS AM Amro Aaaet Mgt (S'port) Star Europe Eqty!* 0.817/ Star Europe Bd 0.9M Star Europe Bal 0.887/ Star Aiian Tiger Eqty 0.731/ Star Alia Bond 1.221/ Star Asia Balanced 0.846/ Star Global Technology Fund 0315/ Star Bhv Finance Japan Fund!** 0.811/ AM Govett (Ma) Ltd. Go»ett Asia
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  • Page 5 Advertisements
    • 1287 5 The financial year started robustly, but by March 2001 the economy took a sharp downturn and the Croup's performance was adversely affected. Our core business of newspaper publishing, however, performed satisfactorily. Group turnover for the year dipped marginally by 2.1 per cent to SSI .03 billion compared to the same
      1,287 words

  • SINGAPORE news
    • 821 6  -  But bankers say it will tough to top this year's M&A-driven profusion of debt issues By. Angela Tan SINGAPORE'S bond market is expected to remain strong next year but bankers said it would be quite difficult to match this year's bumper crop
      FILE PHOTO  -  821 words
    • 298 6  -  By Chuang Peck Ming EVERYONE knows that Singapore has been a net exporter of goods especially electronic items to the US for many years. But what is not so well known is that Singapore has been buying more services from Uncle Sam than it
      Source: US Dept of Commerce  -  298 words
    • 384 6  -  By' Wong Wei Kong THERE will be eight issues of Singapore Government Securities (SGS) next year, one fewer than in 2001, according to the Monetary Authority of Singapore's 2002 issuance calender. This will comprise one new 15-year issue in September, a new
      384 words
    • 224 6  -  Its Asia-Pac online revenue through S'pore set to soar By' Tang Weng Fai GE Plastics expects the proportion of its Asia-Pacific revenue transacted online through Singapore to more than double to 59 per cent or US$5OO million this year from 25 per cent (US$325 million)
      224 words
  • Page 6 Advertisements

  • Page 7 Advertisements
    • 1247 7 MIZIHO Mizuho Financial Group THE DAMCHI KANGYO BANK, LIMITED THE FUJI BANK, LIMITED TV*JW THE INDUSTRIAL BANK OF JAPAN, LIMITEO (INCORPORATED IN JAPAN) ■Mtj (INCORPORATED IN JAPAN) ITll (INCORPORATED IN JAPAN) NON-CONSOLIDATED BALANCE SHEETS The DaMchl Kangyo Bank, Limited The Fuji Bank. Umited The Industrial Bank of Japan, Limited Millions
      1,247 words

  • EDITORIAL & opinion
    • 752 8  -  M.Mai.Jira OPINION robert samuelson The Washington Post Writers Group THE other day, I visited my local bank and bought US$3O each of French francs, German marks and Italian lire. I have no immediate need for them or the Spanish pesetas, Greek drachmas or Dutch guilders
      The Washington Post Writers Group  -  752 words
    • 63 8 'Bacterial infections, asthma, anxiety, loneliness, gastric ulcers and sexual disorders such as premature ejaculation can be cured if one laughs regularly.' an Indian doctor, at the three-day All India Laughter Convention. 'No one ever expected it to fall like the Titanic, and it did/ Rim r i
      63 words
    • 588 8 EDITORIAL A FGHANISTAN has begun life as a reconstituted nation on an optimistic note with its first peaceful transfer of power in three decades. But the war-ravaged country needs the American-led coalition to show the same determination in building it from the ground up that it displayed in
      588 words
    • 910 8  -  Returning the West Bank and Gaza Strip to Jordanian and Egyptian control, respectively, for an interim period would be acceptable to all parties From Leon Hadar The writer is BT's Washington correspondent in Washington THE new cycle of Israeli-Palestinian violence
      AFP  -  910 words
    • 731 8  -  COMMENTARY The US is the least generous wealthy nation in the world Byi Paul Krugman The writer is a professor of economics at Princeton University "BAH, humbug!" cried US Treasury Secretary Paul O'Neill. OK, he didn't actually say "Bah." But last week he contemptuously dismissed proposals
      731 words

  • Article, Illustration
    1138 9 Transaction date: Dec 26 IMTBEBAMK CEOSS KATBS A$ CS MM Un y» m M4B»M»IM Ht wm m ■2>h*M Hm a —I Mr it MM Hmt wt AastraKa 0.011 AM 1577 3.711 U20 1943 244M SUM 14*4 1*24 LIS 122S 30J02 ***** 1937 16)9 1M4 T7J55 ***** 0252 0301 C«wd«
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  • Page 9 Advertisements
    • 121 9 Since 1975 our worldwide I over 275 multi-disciplined professionals Wj I V including lawyers chartered accountants j i I chartered secretaries and bankers have W A A provided confidential and cost effective jBL company formation in all the major low MB tax areas including Incorporation Fees from USSSOO The world's
      121 words
  • REGIONAL news
    • 617 9 NEW DELHI War being throst on us, says Vajpayee; Pakistan says it can counter India AP, AFP, Bloomberg, NYT INDIA said its missiles were "in position", air force jets flew near the Pakistan border every few minutes and frontier forces exchanged gunfire
      AP,; AFP,; Bloomberg,; NYT; AFP  -  617 words
    • 411 9 KUALALUMPUR EPF paying RM&SO per share; sale will help firm pare debts AP THE New Straits Times Press (Malaysia) Bhd (NSTP) yesterday proposed to sell an 11.8 per cent stake in Commerce Asset-Holding Bhd to the Employees Provident Fund or EPF
      AP  -  411 words
    • 148 9 NEW DELHI Bloomberg INDIA may subsidise cotton and rice shipments to wrest market share from Pakistan exporters and hurt its economy, while placing more troops and missiles on its border, the Economic Times reported, without citing anyone. It may also help India
      Bloomberg  -  148 words
    • 412 9 KUALA LUMPUR AP, AFP, Bernama MALAYSIAN Prime Minister Mahathir Mohamad brushed off a newspaper report that said a group of politicians had hired a hit man to assassinate him and his deputy. "I don't have any information on that," Dr Mahathir told reporters on
      AP,; AFP,; Bernama  -  412 words
    • 296 9 BANGKOK OanaXinhua, Reuters REVERSING its high-rate policy, Thailand's central bank has finally decided to cut its key interest rate for the first time in over two years, state-owned radio reported yesterday. The Bank of Thailand (BOT) said it was reducing the benchmark 14-day
      Oana- Xinhua,; Reuters  -  296 words
    • 685 10 OUTLOOK EIiTiEM KUALA LUMPUR Telecom mergers, economic recovery likely to spur buying interest MALAYSIAN shares could be shaken out of a two-year slumber in 2002 by large scale corporate restructuring, telecom mergers and economic recovery, analysts said. Investors ready to take more risks in a
      685 words
    • 386 11 BEIJING Even majority holding will be allowed in some key firms govt agency Reuters CHINA will encourage foreign investors to take stakes in key state firms over the next five years, in some cases allowing them to hold a majority, state media
      Reuters  -  386 words
    • 419 11 NEW DELHI It will also finalise sale terms for telecoms monopoly VSNL, oil firm IBP Reuters INDIA'S privatisation panel, which was due to meet later yesterday, is likely to consider a strategic stake sale in the Shipping Corporation of India, the
      Reuters  -  419 words

  • 1538 10 SMOM FUTUIiES Dec 26 MMMni cM* it UQpa) ISS1 CONTRACTU cwtj/ta)) Om Mm OpM Matt iiigfc Lot Sitl mmm) mmvt Jm 02 -9175 FM02 92.75 Mr 02 9100 A#r/Jw02 94.75 RSI 3 CONTRACTOR «■&/*»> Mm Opw MooUi Hifk Lot Sett Owns) feftantf Ml 02 49J0 200 Si FM 02
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  • Page 10 Advertisements
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      359 words
    • 66 10 Countdown Party 31 Dec 2001 V-. fa Join us for the New Year Countdown an 4 stand a chance to win an exclusive Katharine Hamnett designer watch worth SI,000! Price $28.00 Nett inclusive of one glass of champagne Time 6:30 pm to 2:00 am Venue Main Tower Lobby Call 831
      66 words

  • 5010 11 Transaction date: Dec 26 for more, go to unvwjasiaonenmarketsxom HONG KONG Pec 24 no w- tm AcrossAsia Multimedia 0.50 inch 0 Alpha General .0.0* inch 2860 AmoyProp— -..8.05 -0.15 2795 AnandaWingOn OAS unch ***** Angang New Steel H 0 39 unch 562 Annul Conch H 1.62 inch 4056
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  • Page 11 Advertisements
    • 583 11 IN THE MATTES OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF JAS WELL ELECTRONICS AND ENGINEERING PTE LTD (la Mtabai' Voluntary UqriMw Al an Extraordinary General Meeting of Members J AS WELL ELECTRONICS AND ENGINEERING PTE LTD duly convened and held at 79 Uiyang Way Singapore *****6
      583 words
    • 630 11 IN THE MATTER Of THE COMPANIES ACT, CAP. SO BANCO MARKETING (S) PTE LTD (In Voluntary liquidation! Al on Extraordinary Ganaral Maalmg of lha mambari of DANCO MARKETING |S) PTE LTD duly convanad and Md at S'/i Miiat Joion Maru ***** Klana, S. long or Dorvl Bison Malaysia on tha
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    • 458 11 r HTHt HATTER OF > THE COMPANIES ACT, CHAPTER SO AND M THE MATTER OF wwiwianiui (In MnOara Voluntary Uquld—uii) NOTICE IS HEREBY GIVEN that tha CREDITORS of tho abovanamed Company, which ia batng wound up voluntarily are required on or bafora 27 January 2002 to aand *t Riatr namac
      458 words
    • 481 11 IN THE MATTER Of THE COMPANIES ACT. CAP. SB AND IN THE MATTE* OF CANBIILD ENTERPRISES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an txtraordiaary General Meednj of the abovenamed Company held on the l&th das of December 2001 the following special resolutions were duly passed ■Esmvrjy I That CANBUILD ENTERPRISES
      481 words

  • 2518 12 Transaction date: Dec 26 KUALA LUMPUR v* Mi W- foot) AIM Realty -.036 -0.01 17 Abrit 196 0 05 210 ACP Industries 2.84 0.01 67 Advance Synergy 3.62 0.01 110 Affin Holdings 0-23 unch 209 AhmadZakiRes 4.00 unch IB AlCCorp 4.36 0.02 10 AikbeeRes 2 01 -0.01 166 AKN
    2,518 words
  • 734 12 Transaction date: Dec 26 IMi— 1 Om Q—ft tm+mmi 1 O— O—m CMC 0l32 3 020 HWSlllHOc 0.17 OM9 CapttaLtnd 1.5» 1J10 OCK Ut 10.700 -0.100 OMrt SamCond 1 J* 4.7(0 -OOCO OUC 0 50 CJ» OlyOav)Qc 2X2 *.100 4-200 Nrtni», H 25c Ml OJSO -OOCB (MWT& 042 14J00
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  • 636 12 BONDS WARRANTS Last VatCwn Enr "SB ciim Mi cmm— uw AST1W*****1 IS -15 S 1 16 5 131 30 AcmaLtd W*****6 A 0 5 20 1 50 468 2 38 S ArmkW*****0 H 1 9 Mi 42 Armstrong 1M)***** 4 t 10 56 2-25 29 AataFoodP W*****2 03 1 166
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  • WORLD news
    • 450 12 ounnoKHTisi NEW YORK Bat a return to halcyon days of wild, dot-com deals is unlikely Reuters WALL Street is slowly crawling back from the worst slump in a decade, but bankers and brokers are unlikely to see a return to the halcyon days of dot-com
      Reuters  -  450 words
    • 261 12 NEW YORK Bloomberg US companies, led by Motorola Inc and Boeing Co, fired about 1 million workers in 2001, as the US economy lapsed into recession, prompting the largest employment reductions in at least a dozen years. In 2001 there was "a
      Bloomberg  -  261 words
    • 250 12 AP, Bloomberg [SYDNEY] Bushfires raging for a second day have destroyed more than 80 homes in New South Wales and forced the evacuation of 1,000 more as firefighters fear strong winds will worsen the blazes. Fire officials believe most were deliberately lit. Strong winds
      AP,; Bloomberg; AP  -  250 words
    • 257 12 TOKYO Bloomberg MITSUBISHI Heavy Industries Ltd won't meet profit targets for the year to March 2004 and will cut about 5,000 jobs, or 7.6 per cent of its staff, as demand for aerospace products and electricity equipment falls. Japan's biggest machinery maker said
      Bloomberg  -  257 words
    • WORLD Watch
      • 70 12 Reuters [CAIRO] Opec oil producers will "most likely" announce a 1.5 million barrel-per-day (bpd) output cut when it holds an emergency meeting in Cairo on Friday, a Gulf source said yesterday. Opec was satisfied with pledges by non-Opec exporters to cut production
        Reuters  -  70 words
      • 89 12 Dow Jones Newswires [TOKYO] Japan's securities industry watchdog yesterday said it will step up inspections of securities firms to ensure that no legal violations are made when brokerages sell stocks short. "We will closely monitor short-selling transactions through our inspections of securities firms,"
        Dow Jones Newswires  -  89 words
      • 54 12 Reuters [TOKYO] Kirin Brewery Co Ltd, Japan's biggest brewer, yesterday said it will buy the food business of Takeda Chemical Industries for nearly 20 billion yen (Ss2Bo million) within five years. It is the third acquisition deal in less than two weeks by the
        Reuters  -  54 words
      • 58 12 Bloomberg [NEW YORK] US executives and directors purchased US$l.6B billion of shares in their companies this year, 54 per cent less than in 2000. The drop in stock purchases was the steepest in 15 years, according to the Washington Service. Sales by insiders
        Bloomberg  -  58 words
    • 324 13 But any conversion of US$ bonds rejected Reuters [NEW YORK] Argentina's foreign creditors are eager to hammer out a debt restructuring deal with the new government, but have warned that any move to convert the doUar-denom-inated bonds to any other currency would
      Reuters  -  324 words

  • 4347 13 Transaction date: Dec 26 for live prices, log on to iimm^xisixionernarketsjcom Urt Vet Day IHwll OrOfcr OK CrVW MM MCa WMag SHK Lat Val Oav cm. r-n. c—f«g 5*_± C55 u»n»8M» o» m m, m+irn. ca—y s*e w- rwM u. wt T5 9 6 ABNAjitoNLG 56c —9 3.4
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  • 33 13 <-** a a j'-tsrs.-s a-; ***** »10 > Oumondi US9900W3 9840 t®0 3*30 j SDJUSTach USS4CO 5S5 440 s IS MSQ Spore UM5M 17M0 *70 i ISSAP500 US11M0 ***** 9HQ s SPDftS USH7SM
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  • 1300 13 ■st- a a ■r-ays.-t s*: g s s* v ia 275 c ASArto 10c 43.5 *15 445 43 5 4] 423 495 10 N7 2J U 57.1 43 80 21 c ASi HWgi 20c 29 2300 29 U II U 17 315 30 1472 20 c AST110c 325
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  • 348 13 a* IMI M tar imqhk MI n> MM M wtm L— CHIP I I mt» W- nw f tay hfc Or M >31 110 AVMnrangiAScA (3 -1 2 83 63 (25 66 40 M 12 U ITU C«ta|rPte20cMK. 720 265 2.1 74 6 MK2 ChaungKongSOcHK— 17(0 240 43
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  • Page 13 Advertisements
    • 42 13 PIGLET WATCHES Regional Agent, Showroom ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. 501 ha '<« Ro'd #01-10/11 Wheelock Place Singapore *****0. Tel: 2JB 6678 Fax: 238 6676. .Ngte Am. Ov W: 7JJW: 737 4S» internet: http://www.audrmarspiguet.com Suntcc City Mall Tel: 337 5150
      42 words

  • EXEC lifestyle
    • 770 14 Christmas eumes bittersweet this \ear. to ;i eountrx still reen\eriiii>' from Sent 11 AP IT was a bittersweet Christmas for many still coming to terms with the Sept 11 terrorist attacks as thousands mourned loved ones and more packed churches looking for answers. "With the holidays, it's really
      AP; APPHOTO  -  770 words
  • Page 14 Advertisements
    • 48 14 I L j You never actually own a Patek Philippe. You merely look after it for the next generation. C^T^fw W*d*<fiS*<tUrCmL<PuQL Complicated ,v b y Patck phi,| PP e 3ft±^fr&AWßt&wJ •s*-/**- X-)-f,7-9>K-'Jif 7 K 6 Scotts Road, Scotts Shopping Centre 01 09, Singapore *****9. Tel: *****08. Fax *****00
      48 words
    • 123 14 I For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management corporate secretarial, banking and professional administration
      123 words
  • Page 14 Miscellaneous
    • 305 14 CRYPTO? CROSSWORD ACROSS 6 He wiU shortly ring in greetI KTr" 7 'sp»"' sh •»>- 0 I ceaied a low vitality (7) 10 Hidtog-plaoe, by day, for a fv I (5) Monster enfliusast? (5) II Single to cricket side, never 15 Bery perhaps, showing to repeated? (3-3) masterp.ece on granite
      305 words

  • Page 15 Advertisements
    • 108 15 jhhjpf L>4& Ua ■Cbafit j K Wmm*m BMjPHP new year's eve n 'y at M Hotel Singapore A mouthwatering evening for dinner and a mesmerizing night with live Jazz swing band all happening at the new signature Restaurant J A Bar on New Year's Eve. dinner entertainment $95+++ Includes a
      108 words
  • BIZIT
    • 545 15 Japanese unit's revised forecast reflects woes of US parent, whose profit and sales fell in the 3 months ended Nov 30 Bloomberg [TOKYO] Oracle Japan Corp shares fell to their lowest in more than two years after the Japanese unit of the
      Bloomberg  -  545 words
    • 336 15 Reuters [NEW YORK] Online job recruitment company Hot Jobs.com Inc has said it intends to accept an unsolicited bid from Yahoo Inc unless TMP Worldwide Inc, which agreed to buy Hot Jobs in June, sweetens its offer. Yahoo earlier this month offered
      Reuters  -  336 words
    • 333 15  -  By. Raju Chellam HEWLETT-PACKARD Singapore has introduced its latest range of Pavilion home PCs which run on Microsoft's new Windows XP operating system. Of the four new models announced Pavilion 8988, 8990, 8992, and 8995 the latter three "are tailormade to meet
      333 words
    • 203 15 Bloomberg [LOS ANGELES] Internet sales surged 48 per cent last week from the similar week a year earlier as more holiday shoppers bought last-minute gifts and gift certificates. Sales totalled US$l.39 billion, up from U*****.2 million in the year-earlier period, said Bizßate.com
      Bloomberg  -  203 words
    • 313 15 AFP [SEOUL] South Korea's troubled Hynix Semiconductor Inc is likely to sign a share swap and asset sale deal with Micron Technology Inc in January, Hynix and government officials said yesterday. The prospect of two of the world's leading semiconductor makers joining hands
      AFP  -  313 words
    • 437 15 Extra days needed to trim stocks at warehouses as demand for chips falters Bloomberg [TOKYOI NEC Corp and Mitsubishi Electric Corp will halt production at their semiconductor plants for longer than usual over the winter holidays to avoid pileups at warehouses as
      Bloomberg  -  437 words
    • 372 15 Resources of both companies needed to cope with huge startup costs NYT [TOKYO] Toshiba Corp and Hitachi Ltd have agreed to join forces in a new digital satellite broadcast business for mobile terminal users to start in 2003, sources said on Tuesday.
      NYT  -  372 words
    • 692 16  - Should Chartered merge to muscle into China INFOTECH Xf It doesnt move fast, It might soon And Itself without a niche to operate In what could be the Mggßst semlcon market lee han shih The writer is a Senior BT Correspondent. A FEW days ago, Chartered Semiconductor Manufacturing took its
      692 words
    • 641 16  -  Demand for hardware and mobile phones expected to hit saturation levels Byi Chua Hui Min AS IT approaches maturity, the Singapore IT market will be hit by falling demand and declining growth for hardware and mobile phones next year. But
      641 words

  • Page 16 Advertisements
    • 285 16 AaJlal h V"ii t Mii> m ■it ■!> i -•> I*i>*-'. -.-lik?^g4~i oonipvQsvß noi economy, n nas Moonw pnorny tot flnanctw ranusi^^^p hfifift/4 i ng| a* II MiMi. iMfdailim u. >-a m M n nn >—. ooaao iwmn ano nnmnsi wot w systems w maw tpnyw rr;/ enabling you to
      285 words

  • SHIPPING TIMES
    • 500 17  -  Fear that shipping industry could be used to facilitate terrorist attacks behind move By. Beth Jinks [SINGAPORE] The United States may begin x-raying every container arriving at its ports if proposed legislation is passed, amid growing fears the shipping industry
      500 words
    • 270 17 m *m ■kM CWT Distribution 0.52 unch 0 ChuanHup 0J9 0.01 188 Cosco Investment—0.23 unch 198 Freight Links 0.05 -0.01 62 CBHoldtags 0.46 unch 0 IMC Holdings-HK—560 unch 0 -Hya Holdings 0.16 unch 36 Keppei Corp 2.81 unch 489 KeppotFCLS 154 unch 0 Kappa! Marin* 0.21 -0.01 233
      270 words
    • 257 17 Govt seeking peace talks with Tamil Tigers rebels Reuters [COLOMBO] Sri Lanka said it would use new hopes of peace talks as a bargaining chip to try to remove a warrisk insurance surcharge on the country's ports. Insurers slapped a massive surcharge of
      Reuters  -  257 words
    • 135 17 Reuters [KUALA LUMPUR] Five Chinese sailors died after inhaling toxic fumes while cleaning a cargo ship at Malaysia's eastern port of Kuantan, port officials and doctors said yesterday. The men, aged between 23 and 42, died on Christmas Day while cleaning the
      Reuters  -  135 words
    • 430 17 This is 7th fell in a row at the city's largest hob Reuters [HONG KONG] Traffic at Hong Kong's main Kwai Chung facility the biggest hub in the world's busiest container port feU 4.7 per cent in November from a
      Reuters; AFP  -  430 words
    • 857 18  -  MEWBUILDS By\ David Hughes TWO of Japan's big shipbwlders have become the first of the country's main players to set out concrete plans for merging. The consolidation of Hitachi Zosen and NKK Corp's shipbuilding divisions has been on the cards for some months, and
      857 words
    • 147 18 PACE Appenslup 5 BSA 6 B'twq M«s 6 CMACGM 3 COSCO 3 i Central Ei 6 CMmSiipg 5 i Coo«ar 6 i CVTGMefe* 6 Miw 4 Uoyd 6 Dongnanu 3 ECl 4 Evergreen 6 FoongSun 5 FiM 4 Fujitram 4 Gemartram 4 Hangti 6 I Hyundai 4
      147 words
    • 12566 23 THEBUSINESSTIMES THURSDAY, DECEMBER 27,2001 EXPORT Page 7 ETA ETA Advertiser Vassal Voyage Taiaphona SIN Dast'n Kama Nama Nom&er NumDar To ABIDJAN (ABJ) 2003 Cot* D'lvoire 03/01 03/02 Mnw HYUNDAI FREEDOM 304W 65-******4 07/01 15/02 Chin* Stipg VIILLE DE VENUS «09W 65-*****96 0*/01 8/02 CMA CGM NORASJA SINGA 82-06
      12,566 words
    • SHIPS IN PORT
      • 773 25 Vessel Voy No Berth Arrival Departi lr rat 1 J» rt 26/12/6:50 27/12/ttt Malawi *****3 J12 26/12/7:20 26/12/W •■star I I64S01 J03 26/12/7:20 26/12/22: BwWMuri2 *****2 J06 26/12/7:50 26/12/23: Twang *****6 J03 24/12/7JO 26/12/KK Akbar Pvtra Jb1202 J06 26/12/9:35 26/12/23: Ma* (are Jbl202 J06 26/12/9:45 26/12/23: CJtra MMdi
        773 words
      • 1986 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bo loncc Rstls SWp Voy Mo Etb/Btr Portod From To From AO »U 472S 27/1-00 W 29/800 29/149* 2V79O0 U 25/1700 26/0659 24/0*00 2V 25/1700 24/045* 24/0*00 3 26/0700 24/18* 24/MOO 4 24/1200 24/M9* 24/1700 auhiata 2 m arm 2s/boo
        1,986 words
      • 128 25 January 1 United Kingdom: New Year's Day United States: New Year's Day Malaysia: New Year's Day Italy: New Year's Day Norway: New Year's Day Finland: New Year's Day Brunei: New Year's Day Canada: New Year's Day Australia: New Year's Day Argentina: New Year's Day Belgium: New Year's Day
        128 words
      • 795 25 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        795 words
      • 429 25 Cwbon «0 Mm 990.4 0.6 6.4 0.09 62 0.04 Dk 20 DmltT totor IhMm AUUUmMw Mo «8oiw E25 0 0 2 0 0 0 380 Aw 966.5 02 li5 0.05 30 0.02 l2e 380 Max 990.3 0J 16.7 0.08 61 0.04 M/W3 %nn »M/M %M/» wm
        429 words
    • AIR & LAND transport
      • 591 26 Unruly couple also forces Continental plane to make an unscheduled landing AFP [WASHINGTON] A deadly crash of a small plane, a forced landing of a passenger jet and a temporary shutdown of a major airport terminal marked Christmas Day in the United
        AFP; AP  -  591 words
      • 231 26 Bloomberg [TOKYO] Tokyo's main international airport at Narita said passenger numbers fell last month to a decade low, as travellers put off plans to go abroad in the wake of the Sept 11 terrorist attacks. Passenger numbers at the airport fell 32 per cent
        Bloomberg  -  231 words
      • 79 26 [NARITA] Officials of the New Tokyo International Airport standing at the airport's No 1 terminal, which was filled with smoke after a fire broke out at the terminal in Narita, 65 km north-east of Tokyo yesterday. The fire forced the closure of the departure lobby for
        AP  -  79 words
      • 248 26 Reuters [AMSTERDAM] KLM Royal Dutch Airlines, which has predicted a "very significant" full-year loss, will struggle to break even in its 2002/3 year, its chief was quoted as saying. "After an anticipated significant loss in the 2001/2 book year, it will not
        Reuters  -  248 words
      • 303 26 Japanese plane makers hoping to make np for lost orders Bloomberg [TOKYO] Kawasaki Heavy Industries and Heavy Industries, Japan's two biggest aircraft makers, are seeking aircraft assembly work from Boeing Co as a drop in air travel demand threatens to cut sales of their
        Bloomberg  -  303 words
      • 294 26 Bloomberg [SEOUL] South Korea's Incheon International Airport won government approval for its 4.7 trillion won (Ss6.l billion) second-round of expansion, even as passenger and cargo traffic fell. President Kim Dae Jung recently approved the expansion, with design work to begin in February and
        Bloomberg; FILE PHOTO  -  294 words
      • 1667 26 an njair n* maw n» MMI MIM mo M73K Ml aw WO W MB UHMm SO 35 0455 6*974~ 0130 KL137 1545 UJ30 2300 S024 23«5 Htmm MO 0M0 MM 22» AacklMd N***** 2020 N242I5 2045 MM Mi MB M MMM (M MB ISwibtmi BM21 t»0
        1,667 words
  • Page 17 Advertisements
    • 14 17 Tliere is no freight market report as the market was closed for Christmas Day
      14 words
    • 67 17 Newbuilds: Japan yards Mist accept the inevitable Pg2 Terminal shutdown, plane crash mark X'mas ia US BackPg Custody Transfer tifempling in Port <£. of Singapore ■HflfVLFrom 1 January 2002. all bunker marges 4n Singapore are required to provide an approved portable sanding device far custody I tranAr sampling Airing bunked
      67 words

  • Page 18 Advertisements
    • 555 18 r NORTH AMERICA IFII OULF/INDU SUB-CONTINENT 1 touPgaHumsEXPHnsEso I 1 I VOT W Si Wt VBS& VOT JEA DM MS """Ty** ooa Tiww \m U7ii ii7oi tztt. zrr, =7^— OOajAMM 55W50 19/11 04/01 01/01 MUOTIOAIMa 071 10/11 M/ 12 22/12 M/ 12 ooq wncruw 33wsi M/ 12 n/oi n/ii htivmoo
      555 words
    • 626 18 Lines services represented by Members Re 9 islr y ySgpg/ AcwwWJ Shipping Agents, Singapore Shipping Awockiion Members of the Singapore Logistics Association g| LUY UW MALI vtssa I vot Ira iu nu P. KLAN6 SPOCI MAli Empress Lity VOlO2 09/01 10/01 18/01 f Princess Lily VOlO2 24/01 25/01 02/02 Empress
      626 words

  • Page 19 Advertisements
    • 1124 19 TO USA (SAX StRVKI) VKSa VOT SW ETA UU OAK DAI HOP CHI CM MEM An MIC Aft CYPtINI 1071 02/01 17/01 >1/01 21/01 21/01 21/tl tt/01 21/01 23/01 23/01 Afl lEIGIUM 1011 09/01 24/01 29/01 29/01 29/01 29/01 30/01 29/01 31/01 31/01 ATI HOUAND 10SE 14/01 31/01 05/02 05/02
      1,124 words
    • 2075 19 ft IMM) T/TtISMVSI VT MAM 1 T/T« IS MVS I C T—W» 1 T/TillMW J GCMtAL AGOTO M SINGAFOtf: M 200M*****0 *12-00 SALIS/MGS TE:*****57/43 HUL 23*5321/71 BVUfITTIfI TfftTf I MSMCUMN6 TR: *7-353*14* HUk 07-*****70 COSTIR SHIPMNS PTE LTD mmmutoti/u *205*02 i3is32s/7s ror klang ******3*33 n^kum 3 NO- 117*7******0 TIL 22*
      2,075 words

  • Page 20 Advertisements
    • 1295 20 HYUNDAIMERCHANTMARIN^O^TD^^^^ \mm. wn 181 I sou I i« r« <w| ham bv~| ivesa |*ot|sou|«|hm|mit|ham|bv m HTHBOKSS 334W 17/11 B/OI «/01 B/OI B/OI MMBONI MS M/ll 01/11 25/11 17/11 IR/12 api coral iowt 20/12 o//oi 12/01 00/01 m/m »/n 01/1220/11 20/11 »/ij ■01 IMS S47W 11/11 11/11 12/01 M/ll M/ 01
      1,295 words
    • 894 20 Carrier MM COUTH LINES, MC P.ouo^kmwmt I IVy V" 1 QW HO. IMMT WW SOU: (064) *8178 MAMLA: (632) *****24 PENANG: (04)*****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 RKELANCfc (03)*****77 JKT (21)*****46 KUCHNQ (062)*****1-3 MOJI 7 CALCUTTA MV "WAN HAI 161" V.N074 MV "TIGER CREEK" V.489CN8 ETA SIN: 31-12-2001 ETA
      894 words
    • 525 20 WEEKLY EXPRESS SAILING SCHEDULE WBTBOUNO TO: COLOMBO A NHAVA SHEVA (CFS MULUND. MUMMI) ALSO ACCEPTING TO All NORTHERN AM) WESTERN ICO POWTS KBMNMN WT S"HW Icou—pl AJNwI fTMN« lawW Wl«* VMBOI van mom mk »ok ijm wmb wum iiNuaMonEs uw jiok sw in bund mrnmat aureus* mil) ?m i?m ism
      525 words

  • Page 21 Advertisements
    • 1481 21 IVtSSa VOY I KHH I HKO I SIN I PKL DXR RAN I Egg Mt~~| MANKERMAN PCL-239 23/12 24/12 29/12 30/12 06/01 07/01 09/01 11/01 MAN ISFAHAN PCL-240 31/12 02/01 05/01 06/01 13/01 14/01 16/01 13/01 MAN HORMOZGAN PCL-241 06/01 09/01 12/01 13/01 20/01 21/01 23/01 25/01 MAN TEHRAN PCL-242
      1,481 words
    • 382 21 i KSI UK CONTINENT SERVICE Loadrtg for PISCES EXPLORER ROM/ATW/BMNAJK/LPL NEW EMERALD ROM/ATW/BMNAJK/LPL EXPLORER II RDM/ATW/BMN/UK/LPL Loada E7W. Indoneaia MIDDLE-EAST SERVICE Loading tor FAVORfTA J DH/AQAASMT/TRP/T AR AUKRATOR JDH/AQA THEBES ADN/HOO/ JDH/AQA RAINER DBI/ABU/DOH/SRN/DMM/KWT LOK PRATOP DBI/ABU/DOH/BRN/DMM/KWT ZEYNEP ANA JOH/AQA/DMT -Loads Sngapore. EJW Mntayaa. fodonoaa USA SERVICE Loadmgfor MYRTO HUS/NOL/SAV/N
      382 words
    • 905 21 WALLENIUS WILHELMSEN 10 NORTH AND LATIN AMIRKA "<** *o*o HEAVYUFT SERVICE" [vtssa VOT iAMP IHDGHTI S» I LBCI »A 0 IMA I SAV ML I Off I NYC I MWl«Oi U«OU ANN) 400Ths 4JM 21/12 03/02 06/02 01/02 10/02 11/02 13/02 17/02 lf/02 Imn AN2O2 4001 m 6.3 M 12/01
      905 words

  • Page 22 Advertisements
    • 1259 22 I RMIOW/UK/SCANWNAVIA ■txporr B VESSELAOYAGE |SGP I RDM IW6jww I |ZH luw Bui—rroi27<giw ayi? i7/0i 11/ Di ami z BftBWCOWWmS (Mil 2VDI Ml 2M)I Bmrawwrminowf MI MI Mi P/DI BaawwoKowmn (g/oi zvdi 2M)i IMi mi 3i/oi~ I lAST AND \MVST MSOfTEMANfAN/iIACKSIA Bl»0«T BvESSa/VOYAGE ISO ITM GN* FOS [KM IVIC jTIS
      1,259 words
    • 656 22 TftßMioraiuMwwm-wHaTsavKi I yg«L Jflll m Hi SOU HAM IB IB ia WPIMAIL .AM 01/P1 J2ZQJ MJ 22/01 24/01 27/01 25/01 _zm oi/oi Jttzm 1m »/oi 31/01 04/02 02/02 1 SAUDI YAMIU |HJW I IS/OI 14/01 03/02 04/0? 05/02 09/02 07/02 1 vma. yor mm mx go* km fos n» s»r~
      656 words
    • 52 22 0 HANGLI SHIPPING WRECT REGULAR SERVICE JAKARTA SURABAYA JAKARTA 21/12 21/12 P. KALMIWTAN 30/12 31/12 P. SUMATERA 03/01 04/01 PJOUMNIW OM>l 09/01 P SUMATERA SURABAYA 21/12 29/12 SHWMON EXPRESS 30/12 31/12 PULAU NONAS 03/01 04/01 SMANFWmi OM>l 09/01 SHMMON EXPRESS UNITED SHIPPING ORGAMSATION PT. INDONESIA SHANNON SHIPPING CORP. TEL: *****88
      52 words
    • 543 22 BSA il MYANMA FIVE STAR UNE I>TM H»Kmml UM) l LMtfaf far YwfM «Ma VOY Ml m KM Kll HP*-** 209W tt» MONGU OW SIB UUrSM MKOOUSYIJU) SHVPMG AGDKKS OIL IB 03-*****)00 «L TH 03-3170*101 ret TH 04-*****0) NO: IE 07-*****21 /4 BANK LINE Mnrki •< kaktw W«ir SUpp*|) Vf"
      543 words



  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • 135 25 gjBL FOR 2 7 DEC 20^D1^^^VV-Vj L I A/fe?=^ LEGEND Issued by Meteorological Service Sing.pore K Thunderstorm A Showers X\ n m aturo C Q Wi n d direction and speed in knots •3 Cloudy Day Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light
      135 words