The Business Times, 31 December 2001

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Total Pages: 28
1 28 The Business Times
  • 14 1 THE BUSINESS TIMES MlTAff>) 107/03/2001 Internet: http://business-times.asial .com.sg/ SINGAPORE MONDAY, DECEMBER 31, 2001 85C
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  • 71 1 STOCK BASKET INDICES Week Change STI 1,625.96 *4831 SWSCI FlTUBE-***** +410 BT-SHi am +iii8 KLSE COMP 891.64 +2*59 NIKKEI 10,141(2 +207.17 HANG SENG 11,431.59 +***** SET INDEX 3*185 +7.11 JAKARTA COMP_302.M +13.79 MANILA 1,168.08 +2111 TAIPEI WFI MW28—+289.04 SEOUL COMP 693.70 +48.99 SHENZHEN B 286.11 +L50 ACST ALL
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  • 67 1 POKEX BATES uss s$ L'SS(SSperl'SS) 1J§0 S{USS/SS per 1.446 2176 EUHO(USS/SS/E). 0J80 1.828 DM 1224 1102 YEN 111.7 7 IK) RM 1800 1064 HKS 7.797 4214 BAHT 44H 2112 RUPIAH 10Dt 6*88 FUME BATES SINGAPORE* 655 KUALA LUMPUR «.40 BONO KONG S. 125 JAKARTA 39.00 TAIPEI 6.79 TOKYO 1.375
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  • 774 1  -  Soch a scenario would intensify efforts on regional monetary ties From Anthony Rowley in Tokyo A ROUND of competitive currency depreciations could erupt across Asia early in the new year as exportdependent countries adjust to a rapidly weakening Japanese yen and try to
    774 words
  • 967 1  -  HSBC's chief exec of China business tells Lota Bui Tin of his bank's drive to become a market leader in the mainland again Loh Hui Yin ASK banker Eddie Wang which city, Hong Kong or Shanghai, will prevail as China's financial
    967 words
  • 730 1  -  outlook trow Overcapacity and slow growth still weigh heavy on sector By' Teh Hooi Ling [SINGAPORE] Don't bank on the telecommunications sector returning to its glory days of early 2000 next year. Sentiments will remain weak, analysts said, as the industry continues to
    730 words
  • Page 1 Advertisements
    • 109 1 IMBIBE BT Comment Vfkram Khanna: Why manpower polices need to adapt. Pg 2 R Sivanithy: Better market outlook next year? Pg 4 Top stories Don't lose heart, PM Goh tells S'poreans. Pg 2 §S'porean hot on mining trail in Greenland. Pg 2 Court confirms Actus' JM petition despite ex-landlord CityOev's
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    • 45 1 Tomorrow's BT Analysts, dealers and fund managers on how the local and global stock markets will perform in 2002. Plus BT's market cap ranking of Singapore companies Of Home computer sales up in S'pore despite downturn Pg 14 IDA maps the road ahead. Pg 15
      45 words
    • 399 1 End of the innocence A i.il oil tin* yr.it'\ event*. tli.it iik k«-fI Hi* 1 world I fin.iim i.il in.iiket*. m s I '*H iPI mfr '.y #V; f £4t 'r* < jii v i > ./V V 4 v V r' v .t t v A Care to give
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    • 11 1 Property stock* may pick up in Ist half 0f2002, Pg 3
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  • NEXT page
    • 282 2 The Straits Times THINGS may look bleak but Singaporeans should not lose their fighting spirit, Prime Minister Goh Chok Tong said yesterday. Asked about his traditional New Year message which will be released today, he said: "Basically, it will be concerns about the
      The Straits Times  -  282 words
    • 795 2  -  Lim Chong Kiat's Aussie-based NMR has invested Aslom in niobinm project Byi Catherine Ong [SINGAPORE] No one can ever accuse Lim Chong Kiat of going down the beaten path in his business pursuits. Unless mining for niobium in Greenland has suddenly become a
      795 words
    • 845 2  -  -i I comment ECONOMICS To help SMEs play a bigger economic role, there must be greater accountability in manpower policies and procedures vikram khanna RECENTLY, I met a Singaporean entrepreneur running a small company with big ambitions, but who failed to clear the last
      845 words
  • Page 2 Advertisements

  • COMPANIES SINGAPORE NEWS
    • 1061 3  -  OUTLOOK VntKM 2001 was a volatile year with the hype-and-fkll of SPT, off-Budget packages and the Sept 11 attacks By Vince Chong IF the latest signs of an economic recovery persist, property stocks could pick up in the first half
      FILE PHOTOS  -  1,061 words
    • 336 3  -  on the economy travel By i Chuang Peck Ming AT least in one area of trade in services with Uncle Sam, Singapore has been consistently chalking up surpluses. This is the travel, passenger fares and other transportation category. Overall, Singapore has been a
      336 words
    • 395 3  -  Rilling will benefit other creditors who are owed bulk of total $2m debt By Kalpana Rashiwala FURNITURE retailer Actus' petition to be placed under judicial management was confirmed by the High Court on Friday, despite objections from its former landlord, City Developments,
      FILE PHOTO  -  395 words
    • 193 3  - Were UOB job cuts part of normal hire fire'? MAIL ran Lu Kee Hong Singapore I REFER to your article "UOB job cuts a rude awakening for staff" by Quak Hiang Whai (Hock Lock Siew, Dec 27). I am not sure if the UOB's job cuts are a normal "hire
      193 words
    • 124 3  -  Denis Distant Singapore BANKS keep raising their charges because costs keep rising, but can customers expect good service in return? On opposite sides of a passageway in the Orchard MRT station, DBS Bank and OCBC Bank operate banking lobbies lined with ATMs, cash deposit
      124 words
  • Page 3 Advertisements
    • 65 3 We we/come totters. E-mail us at bttottvi Qsph.com.tg or fax us at *****71, or write to: The Business Time*, Times Houee, 390Kim Seng Road, Singapore2394o6. We need your fun name, address and telephone number, so we can verify It came from you. Ptoaaeuee temperate language, and bear in mind tbei
      65 words

  • SINGAPORE markets
    • Article, Illustration
      313 4 OTHER SINGAPORE INDICES Dec 28 VALUE CLOSE BTOaUS 43.00 -26.00 VTCMM -*****.00 +10.00 -*****.00 +5.00 /yUCrMMii 426.10 +2.99 MEpMMEhct 132.67 -0.88 SG tpMii Fh 1391 03 +23.36 SCE»*I»P>»» 437.33 -2.01 MSBfflappin 201.57 +1.70 SMSCIFatVM 202.70 +2.00 Stocks Votonw ChinaAvOil 5c 74,727,000 Hyflux 5c 28.422.000 UniFood HK25C 27.978.000 •StarCruises 10c 24.653.000
      313 words
    • 268 4  -  HOT STOCK/ WARRANT By R Sivanithy A COUNTER that breaks successive highs in a bear market will raise some eyebrows. If it then surges 30 per cent in two days and tens of millions of shares are traded, the attention of the regulators
      268 words
    • 757 4  -  I:l I comment STOCKS r. sivanithy IF 2001 was the year of living dangerously as far as stocks were concerned, what are the chances that 2002 will be the year of living comfortably? Ask investment professionals like fund managers and brokers, and the answer is
      757 words
    • 671 4 AFP [HONG KONG] The Japanese currency slid through the key barrier of 130 yen to the US dollar in the past week, taking the New Taiwan dollar along to a 15-year low, while the Aussie showed a small rise.
      AFP  -  671 words
    • 146 4 ♦First Engineering will hold its EGM on Jan 18, at 10.00 am, 26 Woodlands Loop, #07-00 First Engineering Techno Centre. ♦Multi-Chem will hold its EGM on Jan 15, at 10.00 am, 95 South Bridge Road #07-28 Pidemco Centre. ♦The Straits Trading Co will hold its EGM on Jan
      146 words
  • 3029 4 UNIT TRUSTS FUNDS AM Antra Awt Mgt (S'pora) Star Europe Eqty!* 0.828/ Star Europe Bd 197* Star Europe M 089* Star Asian Tiger Eqty 0.752/ Star Asia Bond 122V Star Am Balanced 0 85 V Star Global Technology Fund 0322/ Star Bhv Finance Japan Fund!" 0.812/ AM Govett (Aria) Ltd.
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  • REGIONAL news
    • 579 5 MANILA Original six Asean states to trim taxes under Afta plan inked 10 years ago AFP SOUTH-EAST Asia will achieve a key free trade goal this week when six of 10 nations in the region eliminate duties on almost all
      AFP  -  579 words
    • NOTE Book
      • 137 5 Dow Jones Newswires [HONG KONG) Hong Kong Chief Executive Tung Chee-hwa said Hong Kong would escape any short term impact from a falling yen, local media reported. Mr Tung, speaking at a year-end reception with local media, said the yen at the
        Dow Jones Newswires  -  137 words
      • 89 5 Bloomberg [MANILA] Philippine President Gloria Arroyo said her administration plans to create jobs fen* four million people from the time she took office in January until her term expires in 2004. "These are not promises but a target," she said in a discussion of
        Bloomberg  -  89 words
      • 117 5 Bloomberg [WASHINGTON] Taiwan Vice President Annette Lu plans to visit the US next month, raising renewed complaints from China seven months after a visit by Taiwanese President Chen Shui-bian. Ms Lu, an outspoken critic of China derided by state-run Chinese media as a
        Bloomberg  -  117 words
      • 85 5 Dow Jones Newswires {HONG KONG] China is to cut oil surcharge fees to 8 per cent from 14 per cent in January, China Daily Hong Kong Edition reported, quoting sources from the industry regulator, the Civil Aviation Administration of China (CAAC). The report said
        Dow Jones Newswires  -  85 words
      • 90 5 Bloomberg [NEW DELHI] State-owned Bharat Sanchar Nigam Ltd, India's largest fixed-line phone operator, cut long-distance rates by up to 62.5 per cent to compete with tariffs announced by non-state competitors last week. Bharat Sanchar simplified its rate structure by trimming the number of time slabs,
        Bloomberg  -  90 words
    • 551 5 SINGAPORE OUTLOOK ETiTTO Reuters THE global oil refining sector will be in for tough times in 2002 as overcapacity plagues Asia, while the United States and Northwest European markets struggle with high inventories, analysts said on Friday. Refinery runs, a barometer of
      Reuters  -  551 words
    • 345 5 BANGKOK Steps inclnde village foods, cheap health care, speedy debt restructuring Reuters THE Thai economy is expected to grow in 2002 as the government initiates measures to stimulate it. Prime Minister Thaksin Shinawatra said on Saturday. "Thailand is expected to still see
      Reuters; AFP  -  345 words
    • 219 5 MANILA AFP PRESIDENT Gloria Arroyo said yesterday she was hopeful an international task force will not impose sanctions against the Philippines over deficiencies in an anti-money laundering law. Finance officials last week said the Paris-based Financial Action Task Force (FATF) has asked the
      AFP  -  219 words
    • 463 6 TAIPEI By flouting WTO rules, island hopes to use issue to force Bering into talks AFP TAIWAN is not going to open its market to China in the short term, despite the arch-foes' accession to the World Trade Organization (WTO), in a
      AFP; FILE PHOTO  -  463 words
    • 299 6 AP [TAIWAN] Taiwanese ranked China third among the countries to which they would most want to emigrate for work, behind the United States and Canada, according to a new magazine poll published yesterday. Taiwan's flagging economy and soaring unemployment rate have prompted some people
      AP  -  299 words
    • 174 6 UTOKYO Dow Jones Newswires JAPAN and China will form an information technology alliance next month to collaborate on next-generation mobile phone and Internet services, a newspaper reported yesterday. Japan's Telecoms Minister Toranosuke Katayama will visit Beijing in the middle of January to sign the
      Dow Jones Newswires  -  174 words
    • 215 6 TAIPEI Reuters TAIWAN'S Ministry of Finance is likely to give licences to seven groups today to set up full-service financial holding companies, local newspapers reported yesterday. The seven groups would be led by First Commercial Bank, Chiao Tung Bank, E Sun Bank,
      Reuters  -  215 words
    • 577 6 COMMODIT7 Bloomberg [LONDON] The average gold price may rise next year for the first time in six years as investors buy the metal for a hedge against instability and inflation, analysts said in a survey. Platinum and palladium will decline from 2001. Gold
      Bloomberg; FILE PHOTO  -  577 words
    • 714 7 NEW DELHI They vow united front if war against Pakistan occurs Reuters, AFP, AP INDIA'S normally divided politicians threw their support behind the government yesterday, pledging a united front if the nation was forced into war against Pakistan as the US president stepped in
      Reuters,; AFP,; AP  -  714 words
    • 465 7 NEW DELHI Recovery and wealth will elude poverty-stricken lands, say analysts Bloomberg THE cost of their fourth war in a half century would derail the economies of India and Pakistan, between them home to almost half of the world's poor. "The governments of
      Bloomberg  -  465 words
    • 258 7 MUMBAI Reuters INDIA'S foreign exchange reserves stood at an all-time high of U5548,012 billion for the week ended Dec 21, shored up mainly by dollar inflows from expatriates, analysts and traders said on Saturday. The reserves provided India with adequate armour to
      Reuters  -  258 words
  • Page 5 Advertisements
    • 435 5 IN THE MATTER OF THE COMPANIES ACT, CAP. SO and M THE MATTER OF LAURENCU JEWELLERS PTE LTD (Incorporated In Singapore) (In Maiabara' Voluntary UqutdMton) Nam* hereby given thai pursuant to Section 306(2) of the Companies Act. Cap SO. the Final Meeting of Members of the abovenamed Company anil be
      435 words
    • 291 5 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND M THE MATTER OF KEPPEL-MTTSUI ENGINEERING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Saction 306 of the Companies Act Chapter 50. the Final Meeting of the Members of the abovementioned
      291 words
    • 395 5 THE COMPANIES ACT, CAP. SO MOMDETART CONFECTIONERY PTE LTD 7 66 c Al an Extraonkniry General Meeting of the abovenamed company hdd on fl* 27th day ol December 2001. the following Special Resolution was duly passed "THAT me company be wound up vohrtanfy pursuant to Section 290(1 >(b) of the
      395 words
    • 672 5 In Tko MoNar of Tha Companio* Act Cop. SO And In Ttio AAcMwr of NEW SOUTH WALES ASM PRIVATE UMITED (In Vetunlary liquidator)) MFMtftV VOUJNTAIY WINDING UP At an Eidroordmory Ganaral M»X»ng ol tha Mambaa erf tha abowowl Company duty convanad ond Wd at Ganaral Willa-Straua 10, CHJO27, Zurich. Swtwtond,
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  • 988 6 FINANCE COMMODITIES Week ended: Dec 28 AMene Marts>if Stat 1-3f&Lav >3|is SDfQAPORB OOTBEMMBMT SBCUiUTlHS OfDICATITE PRICES AMP TIHLDS Mr Mm TwTi^m—tttfBttf M* Tfli m mm TTii» mtrnth Nl TIM M mm 2Y* 2.875 15Apr-02 N*****0H 123* 0.889% 100.47 100.57 5YR 4.000 OtftHB N*****0X 2.91% H7% ***** ***** 5Y* 3.250 15-*tay-02
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  • 1692 7 SICOM FUTURES Dec 28 MJ8KR (tamdMtafMt SJOpa) RSSICONTRACTfteMtsAo) ClOM Mm OfM M—Mi ijNfc Lot Satt (I—11) tggjjwt Jan 02 94.75 Fal 02 9525 Mar 02 96.00 Apr/Jun 02 97.75 RSS3 CONTRACT (UScaob/ke) VoOTw OpM M—Mi Mpfe Lot Sott (ta—w) OTarast Jm 02 5150 700 Fafc02 5175 1900 Mar 02
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  • YEAR in review
    • 1361 8  -  PuRRY WEE looks back on a cliff-hanger year in the world's stock and money markets LARRY WEE 20: George Soros says US economy likely in recession, echoing comments by US VicePresident Dick Cheney. US GDP in Q4 2000 grows by weaker 1.4% versus expected 2%. 0:
      1,361 words


  • FOCUS employment
    • 1147 10  -  With the bursting of the Internet bubble, the brain drain that once sent China's brightest talent to the US for education and jobs is now in reverse, jambt omo reports from Shanghai JANET ONG Bloomberg GAO Weining's American Dream faded as the computer industry cooled
      Bloomberg; AP  -  1,147 words
  • Page 10 Advertisements

  • WORLD news
    • 289 11 CAIRO AFP, Reuters THE Opec price band mechanism which seeks to maintain oil prices at between US$22 and US$2B a barrel is "on holiday", Qatar's oil minister Abdullah bin Hamad A 1 Attiyah said here on Saturday. "I believe the mechanism is on
      AFP,; Reuters  -  289 words
    • 423 11 TOKYO Next-generation chips production expected soon Reuters, Bloomberg ELEVEN of Japan's major semiconductor makers, including Hitachi and NEC, are investigating a possible joint company to produce next-generation chips, Japanese media said yesterday. Quoting sources, the Nikon Keizai Skimbun (Nikkei) said the project,
      Reuters,; Bloomberg  -  423 words
    • 90 11 AP [LONDON] Harry Potter author J K Rowling married anaesthetist Neil Murray in a secret Boxing Day ceremony, a spokeswoman for the British writer confirmed on Saturday. The couple married at a private ceremony at their home in Scotland, with only close relatives in
      AP; REUTERS  -  90 words
    • 246 11 TOKYO Combined debt of failed firms 50% higher than last year's record-high figure Dow Jones Newswires THE number of golf-course operators filing for bankruptcy hit a new high this year at 50 applications as of Friday, up 17 from the record figure of last year,
      Dow Jones Newswires  -  246 words
    • 403 11 REDWOOD CITY, California Duplicate positions in consulting, sales will be reduced Bloomberg ORACLE Corp, the largest database-software maker, plans to fire as many as 800 employees, or 2 per cent of its workforce. The move will cut costs by reducing
      Bloomberg  -  403 words
    • 886 12  -  Concerns include possible ma rhino retail price hikes From I Shada Islam m Brussels WITH only a few hours to "E-day" the historic launch of euro coins and banknotes on Jan 1, 2002, the eurozone's 300 million citizens continue to show a mix of
      AFP  -  886 words
    • 670 13 Although US economy is improving, and stocks have rebounded, market still faces old problems AP. Dow Jones [NEW YORK] For all the anticipation on Wall Street about a fresh start and big rally in 2002, there's an undeniable sense of deja
      AP.; Dow Jones; AFP FILE PHOTO  -  670 words
    • 604 13 BUENOS AIRES Protests against banking curbs spark clashes Reuters, Bloomberg ARGENTINA'S new Cabinet offered to quit on Saturday after fresh protests at the government's inability to end a long recession sparked clashes with police outside the presidential palace and looting of Congress. Barely
      Reuters,; Bloomberg  -  604 words
    • 221 13 FRANKFURT Reuters MAJOR financial systems are robust enough to weather the current sharp economic slowdown aggravated by the Sept 11 attacks, the general manager of the Bank for International Settlements said on Saturday. Andrew Crockett told Boersen Zeitung in an interview that
      Reuters  -  221 words
    • 239 13 BOSTON Reuters FOR US workers and the asset managers who look after their retirement savings, 2001 is likely to go down as the year of doubt. After two decades of stock markets rising almost without interruption, mutual funds yielded healthy returns and privately
      Reuters  -  239 words
    • 522 13 LONDON Many more jobs in danger as European growth slows Bloomberg EUROPEAN banks have announced plans to cut more than 50,000 jobs this year and may have to fire more workers as European economic growth stalls, investors said. The latest cuts came on Friday
      Bloomberg  -  522 words
    • 512 13 CRAWFORD, Texas Afghan minirtor says Pakistan's spy services are supporting Osama AP AFP. US President George W Bush said Saturday that Sept 11 terror strikes made 2001 a year of "sadness and pride" and declared that pursuing the war against
      AP; AFP.  -  512 words
  • 679 11 Compiled by Thomson Financial I/B/E/S RECOUHENOATKM FOdECAST MMmiy nock klM?<hSM!n ThS i££T COMPANY HAME THB WEEK LAST WEEK EPS PE (dm«) w<nd<lon>«wplK>doii«1teSp«lw>i»wl»Mid«wrag>dtoprodMc>i»iiMW ■•IIHMIMniWIlHI. Hsfi HSU Z5JS L 7 RECOMMENDATION FORECAST KapoxcoroUd *s »ja SJ COMPANY NAME THB WEEK LAST WEEK EPSMPE(Mw»> «<wWH»»ifcfff»M» Hga HgS »11 n° Achlawa Limtod
    679 words
  • 702 11 Week ended: Dec 28 o— o—»l m am o—i C«c IB UM *4400 MOM 90c 0.T7 0475 <un 140 1400 «44M OOC M) 11.100 4J« Owl SanHCond 1* CM OUt 0M 4400 <4450 214 UN OJOO Nrtowy H 2Sc MO 0400 OMtaTBc 042 MJQO AMI SGX 1c MS 11»
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  • 655 11 BONDS WARRANTS LM MCm Sam *Mk *3S c—ip—r i* o- flMi Ma *—*m u» AST1\M>***** 10 -15 S 1 It 3 ID 30 AcmaLtdlMM1116 *5 i«t> 13 1 SO 463 2.71 35 AmtakMflWKIO 11 1 33 IK) 42 Armstrong VW***** 4 1 10 47 250 29 AMfoodP WQ***** 05 1
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  • 5301 12 Week ended: Dec 28 for live prices, log on to wwwxisiacmemarketsjcom UM Ml Weak LvtqwM GrfMo Dfc GrtW Net MCas WW| SMM Last v* M LMOhM» GrOh Ok. Grvta im nr. -fcU, Cam—m/ s* L (400) f M. Cw W >3 Ufa U, c-m-, sai. w- rSi JT
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  • 385 12 M-«* UM V*I W—k unqwd GrOtv Mr firTW MM MCja u» cmmm u«*» w- ym t— c»r m 13 110 CD AVJanningiA25c A (3 -1 2 83 S3 82 5 86 40 3 4 12 4 8 1786 720 265 2.1 7.4 6 *****2 Oicmg KongSOc HK 1780
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  • Page 13 Miscellaneous
    • 245 13 CRYPTIC CROSSWORD 13 Nurseryman's guarded guar--16 Make up for cricket side LmJ JHT Lh^ —Lh 20 Muse of team standing in workin in office! (6-3) 24 Move slowly in this tinry island H| 26 Unrepeatable opening of 23 fairy-tale (4) 2 7 tnf 6 ir, 3 Stomi covenng 7 Minute
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  • BIZIT
    • 749 14  -  l-li exclusive Fall in end-user prices have also contributed to home users buying more desktops and laptops during the last three quarters of the year, as leo ebb cbte finds out LEO KEE CHYE DESPITE the general downturn, computer sales to home users in
      FILE PHOTOS; Source: GIK Asia  -  749 words
    • 531 15  -  The IDA says it is helping the industry to build new capabilities so that Singapore will be well positioned to compete after the current downturn By Raju Chellam IN the post-Web era, most IT resources such as networks, services, storage and systems resources
      531 words
    • 68 15 Coming your way in 2002 the Video Walkman [TOKYO] An employee of Japanese electronics giant Sony displays the new portable digital video recorder at the company's head office in Tokyo. Equipped with a four-inch colour WD display, memory-stick IC card slot and USB terminal to connect with a computer, the
      AFP  -  68 words
    • 424 15 Online shopping takes off —at last Sales increases met or exceeded expectations this Christmas NYT [ATLANTA] The 2001 holiday season was dismal for most traditional retailers, but it may be remembered as the time when e-com-merce firmly established itself as a shopping option. Online sales increases met or exceeded expectations
      NYT  -  424 words
    • 258 15 Ym&s sales figures outpace growth estimates by more than eightfold Reuters [SUNNYVALE, California] Internet media company Yahoo! Inc said US online shopping sales jumped 86 per cent this holiday season compared with last year, as more buyers chose to shop from home instead of
      Reuters  -  258 words
    • 348 15 Reuters [CAMBRIDGE, Massachusetts] US spending on IT in 2001 fell more than researchers expected, and the rebound in 2002 will be disappointing, according to scaled-back predictions in a report from Giga Information Group Inc. Overall spending on IT is
      Reuters  -  348 words
    • 772 15  -  Quantifiable metrics need to be Identified to measure agreed service levels throughout the life of a prqject darren adams The writer is managing director, Concord Communications Asia-Pacific. OBVIOUS as it may seem, one of the most Important things a service provider
      772 words
    • 480 15  -  Sprecher investing USslo.sm to boost trading capacity of his online marketplace By 1 Bradley Keoun Bloomberg (ATLANTA] Intercontinental Exchange founder Jeffrey Sprecher is spending US$lO.5 million to buy three mainframe computers to beef up the trading capacity of his online marketplace, where
      Bloomberg  -  480 words
    • NET impact
      • 1010 16  -  Xbox unleashed a Christmas craze, but the best remaining stock buys in videogames may be more obscure companies, notably three in Taiwan, eosseu. flammeey reports RUSSELL FLANNERY Copyright 2001 Forbes Global Inc MICROSOFT'S entry into the videogame console market through the launch of Xbox
        Copyright 2001 Forbes Global Inc; AP  -  1,010 words
      • 536 16  -  Deadlier than the classical viruses, HMOs can wreak havoc despite the best firewalls By Chen Bin The writer is managing director, Bridge Minds Consulting Pte Ltd. <w IT IS worth noting that companies which had some of the best firewalls and the anti-virus tools
        536 words
  • Page 14 Advertisements
    • 270 14 Whereto wine, dine and entertain... T fJSSdy ttlJfciSto thfiSrtd **********45 The perfect time to relax and unwind Happy Hour at the Garden Terrace pooiside bar With our buy-one-get-one-FREE* special from 5.30pm 7.30pm (Monday Friday), you'll want to raise your glass to our wide selection of concoctions. Better still, bring your
      270 words
    • 141 14 The Carlton Festive Celebrations are here once again... X'mas Buffet Dinner $48/ Adult $24/ Child New Year's Eve $58 Adult $29 Child Buffet Dinner Cerfton Festive Ntte Stays X'mas Eve $218 (inclusive of festive New Year's Eve $238 buffet dinners) AH prices are subject to 10% service charge, 1% cess
      141 words
    • 178 14 Happy New Year* join us for a Recovery Brunch after the New Year. Try roast sirloin of beef with I Yorkshire pudding served hot off our carving trolley. Warm desserts of bread, butter, raisin pudding and many more. Available from 11 am to 4pm at $25 (Adult), $14 (Child) For
      178 words
    • 97 14 new Year Countdown Party 31 Dec 2001 Join us for the New Year Countdown and stand a chance to win an exclusive Katharifte- KH. Hamnett designer watch worth $1,000! Price $28.00 Nett inclusive of one glass of champagne jltfjß Time 6:30 pm to 2:00 am Y Venue Main Tower Lobby
      97 words
    • 28 14 Traditional Chinese flavours and aromas seasoned with perfection i s i* I 1 I I Delectably Szechuan. JB_ Level 3 The Westin Plaza Call 431 6156 for reservations
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  • Page 16 Advertisements

  • SHIPPING TIMES
    • 295 17 Contributed by Simpson WITH the festive season about to kick in there are still a number of outstanding inspections under way, although it is likely that negotiations will take place after the holidays. A Panamax bulker has now been reported sold, the 1995 built Panagiotis A, at around
      Contributed by Simpson  -  295 words
    • 273 17 kc2l II HI CWT Dtetrftutton 0.52 unch 60 ChuanHup 0.39 unch 427 Caaco tmmtmmn —0.23 -o.oi 1329 FrataM Link* 0.06 0.01 76 GBHoMkigi 0.47 0.01 17 IMC HoMnp-HK—3.60 unch 0 Jaya Hotdtngs 0.16 unch 13 Kappa* Corp 2.83 0.01 991 Kappa4FELS 134 unch 0 Kappa* Marin* 0-21 -O.OI
      273 words
    • 603 17  -  S'pore company's new Mandarin interfaces can be used with Inmarsat C system By] Beth Jinks [SINGAPORE] Sing Tel looks set to corner the lucrative Chinese language maritime communications market, offering traditional and simple Mandarin interfaces for the world's most widelyused remote satellite communications
      603 words
    • 372 17 Port will utilise this amount to repay and part refinance its term loan Bernama [KUCHING] Sarawak's premier port Kuching Port Authority (KPA) yesterday raised funds totalling RMIBO million (5587.2 million) by way of the Islamic bonds of the A 1 Bai' Bithaman Ajil
      Bernama; FILE PHOTO  -  372 words
    • 362 17  -  By] P T Bangsberg DESPITE expectations of a slower year, the world's sec-ond-largest manufacturer of marine containers is expanding its China base, for the first time north of Shanghai. Singamas Container Holdings of Hong Kong is buying 55 per cent of
      FILE PHOTO  -  362 words
    • Article, Illustration
      95 17 [LANGNAES] The Viking Line passenger ferry Isabella is towed into the Baltic Sea harbour ofLangnaes in the Aland Islands, between Sweden and Finland. The ferry, with more than 800 passengers and crew stranded on board for 20 hours, was finally towed to port after running aground last
      REUTERS  -  95 words
    • 812 18  -  DOCKYARD By David Hughes T| HE global shiprepair industry can expect to see a relatively tough year, with growth in demand between now and 2006 only expected to be around 5 per cent, according to figures from Ocean Shipping Consultants. This relatively slow growth will eventually
      FILE PHOTOS  -  812 words
    • 234 18 PAGE Appenship S Avant 10 rung Mas 6 BSA 6 BSC 9 ITl 10 Map 4 Batamindo 9 CMACGM 3 COSCO 3 Central Ex 6 Chahaya 10 CMnaShpg 5 Confer 10 Cougar 6 CWTGMwte* 6 Detmas 4 OiakUoyd 6 Dongnama 3 EP Carriers to CIS 4 ECL
      234 words
    • 15010 23 THEBUSINESSTIMES >AY, DECEMBER 31, 2001 EXPORT ETA ETA Advertiser Vessel Voyege Telephone SIN De#rn Neme Nam* Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvolre 07/0) 15/02 Chine Shpg VIILLE DC VENUS 4OTW 65 5330** 0«/0l 15/02 CMACGM NORASIA SINGA 152-06 65-*****00 09/01 30/01 MOL Pi O NEOLLOYD SEOU
      15,010 words
    • SHIPS IN PORT
      • 456 27 VvsmI Voy No Bcrtti Arrival Departun jimiM n mmm ***** joi jo/o/kws jo/o/2ooo JM Ntra H J8C03 J02 30/12/1000 30/12/2359 J Lwcty OT JOT JO/C/WOO JVO/I6OO MM* t«pr« U4S JOS 30/12/1900 01/01/1900 OriMUtot 24/200 Jt2 30/12/2000 J1/0/2000 2kn EM I IK J» 30/12/21:30 31/12/7:30 Comb v«rt* 2 JOS
        456 words
      • 1884 27 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Boot ina/ftat* nee Rftli SMp VoyNo Etb/Btr Ported Fro* To fnm ACJHHBCUS 060A 1/8*00 U 30/1900 30/1659 30/1900 SO/BOO 30/*» 30/1900 U 30/1700 3V0659 31/0*00 a 30/1700 3V0659 31/0900 3 JV0700 31/1199 3VM00 4 31/1200 31/1491 31/mw Vicwm »7l 2/16.00
        1,884 words
      • 246 27 December 31 Argentina: Bank Holiday Jawury 1 Australia: New Year's Day Belgium: New Year's Day Brunei: New Year's Day Canada: New Year's Day China: New Year's Day France: New Year's Day Germany: New Year's Day Hong Kong: New Year's Day Indonesia: New Year's Day Italy: New Year's Day
        246 words
      • 787 27 THIS report compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description at the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        787 words
      • 416 27 Cartas 180 Max 990.4 0.6 15.4 0.09 62 0.04 toe 20 Dmtty Mar HiMn AsMImMm Sediment No above E2S 0 0 2 0 0 0 jrz 380 AM 986.5 0.2 OS 0.05 30 0.02 bnt 380 Max 990.3 0.8 16.7 0.08 61 0.04 Mfln »M/» »M/ll
        416 words
    • AIR & LAND transport
      • 474 28 Talks to finish by Q1 2002; new airline would serve main European cities Reuters [BRUSSELS] Belgian-based airline Virgin Express said it had entered into exclusive merger talks with investors in Sabena's former short-haul subsidiary Delta Air Transport (DAT). The investors have been
        Reuters; AFP  -  474 words
      • 291 28 Carrier given USs3oom nnder USslsb industry bailout Reuters [NEW YORK] America West Airlines became the first US carrier to be approved for a US$3OO million grant under the financing portion of the US$l5 billion industry bailout that came after the Sept 11 hijack
        Reuters  -  291 words
      • 235 28 Reuters [BEIJING] China has sentenced to death a former official of flag carrier Air China for embezzling more than 26 million yuan (555.79 million) in public funds, state media reported. Beijing's No 2 People's Court handed down the sentence last week to Yang
        Reuters  -  235 words
      • 161 28 Bloomberg [ATHENS] Greece extended talks on selling Olympic Airways, the national carrier, to an Australia-based holding company for four more weeks amid signs of progress. The government set a final deadline of Jan 31 for the conclusion of talks on the sale of the
        Bloomberg  -  161 words
      • LOG Book
        • 77 28 Bloomberg [MADRID] Iberia Lineas, Spain's biggest airline, said it got government approval for a plan to cut 2,515 jobs to reduce costs amid a slowdown in air travel. Iberia now has permission to eliminate 1,775 ground staff jobs, 207 pilot jobs and
          Bloomberg  -  77 words
        • 93 28 Bloomberg [BASKI,, Switzerland] Crossair said it will raise as much as 2 4 billion Swiss francs (552.63 billion) in a capital increase by the end of March to allow Europe's biggest regional carrier to become an intercontinental airline. By selling shares at the par
          Bloomberg  -  93 words
      • 239 28 Bloomberg [WASHINGTON] The US Transportation Department is proposing that US airlines give reasons for flight delays and cancellations so that consumers have more information they can use in making travel decisions. The agency proposed three categories of delays, including weather, hold-ups attributable to airline
        Bloomberg; AP  -  239 words
      • 472 28 Council on American-Islamic Relations seeks apology for incident AP [WASHINGTON] American Airlines said that racial profiling played no role in the removal of an ArabAmerican member of President's Bush security detail from a flight last week. Gus Whitcomb, a spokesman for the
        AP  -  472 words
      • 89 28 [WASHINGTON] Connexion One, the flying laboratory for the Connexion by Boeing airborne communications service, is shown during flight over Mount Rainier in Washington State. The Boeing Co was granted a licence last week to provide high speed Internet service to airline passengers, using their Connexion by
        REUTERS  -  89 words
      • 1684 28 on maw ro maw op MIUHI M730I *40 U73U 260 orot am mo kmHrtm S035 0*55 NJ30 2300 GA975 TWO SO* 2345 MJ37 649 ImUmt N***** 2020 UM0M 2025 S0206 2020 KZ24 2025 S***** 2025 N242S5 2045 was 1040 ownn tnm w l*W MI/CAMO ms maw
        1,684 words
  • Page 17 Advertisements
    • 15 17 Dockyard: Weathering the storm ahead Pg2 Virgin Express, Belgium's DAT In telks to merge BackPg
      15 words
    • 44 17 Custody Transfer {tmjftfcgjg&Por; of Singapore 1 January 200?. atHnmker in Singapore are reqtflj«d I tranWr sampling during 1 bunkefcijelivery. I jy? ■ppg^jj J \fT For more information, please contact DNV Petroleum Services on I W Ph: 65-*****75, Fax: 65-*****36 V or email singapore@dnvps.com i
      44 words

  • Page 18 Advertisements
    • 730 18 1 TO CANADA I EXPORT I I OTHER DEBTtHATtON& I |VB» |WT Irw jra»| TOAUBTIUIJA(AIIBTWAmA»IAIJ^HtKM ooQuwrow i«oi oi/oi I 02/01 I Mi mi mi Mi mi 1" vor lno imai m m m mm OOaiAMN S4EO2 01/01 I 09/01 I 25/01 Ml 30/01 30/01 30/01 02/07 21! OOaNEIHBUMOS 3488 M,
      730 words
    • 616 18 lines services represented by /2^S^^ Mambenof,heß ®9 ii,r y <rf Accredited Shipping Agents, X°tr-,jy Singapore Shipping Association Members of the Logistics Association CONIAINEtS/ CONVENTIONAL CARGO <kvJX»<* ran BMS/SHMraH/Mum iwn VW ETA PKL ETA SIN ETA MALE EaprawLßt Ml W*l IMI 1&*1 PrtenM Uh tie U»l K« UU MARINE SERVICES SINGAPORE
      616 words

  • Page 19 Advertisements
    • 765 19 U)lljjii WISHES ALL OUR CUSTOMERS 6BUSINES S ASSOCIATES ffißSff WSMSS IF(DM WMJE MEwnmm VBSa VOY ETA SIN ETA YGH VESSEI VOY ETA/FTP YGH ETA SB BAGO *****N 01/01 05/01 BAGO 8G699S 25/12-28/12 01/01 MAGWAY 227N 03/01 07/01 MAGWAY 226S 27/12 30/12 03/01 MANDAIAY 59H 07/01 11/11 MANOALAY 58S 01/01 -03/01
      765 words
    • 1635 19 TO MAIM} I/TtlfMVI I nuns 1/11 it mts I V imm > T/T»tiMTi J GCNEKAI AGENTS M SWCAPOtE: M tOBBISONB *12-00 SALfS/MGS TEL 4205*57/43 EAX: 23*5321/71 OALAT3U OfFKI; PASMGUOANG TE 07-******* MX: 07-*****70 COSTAR SHIPPING PTI LTD otira outwaao(o/u *****02 *****25/75 poktoang 03-*****433 03-*****0*0 ONfrll 7*7******0 TE: 22* 1000 (HAIN)
      1,635 words
    • 248 19 vssa vot m jkt sot ttSOWA *K JC/1J 1/1 MM IA V\ VI 11/1 11/1 IVI H2H W /xx up _ohi_ _yi_ _vi_ ji/L u'lrirmnTi—i -www- w dlc no w uo Ha —mam mis w\ i/i hi i/i ivi is/i ii/i i«/i n/i ~yT »m "/> Ufl »/i I—ww -I-
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  • Page 20 Advertisements
    • 1292 20 HM HYUNDAI MERCHANT MARINE CO., LTD. jwga wr TT soul uh| no I ant I imp |tv ivesa vot [sou la no ant hao |m~ m MTHBMSS H4W 17/1] M/OI 01/01 01/01 05/01 MM MX »/ll *1/12 2S/II 17/11 IS/11 tnoaut. iow 10/11 47/11 11/01 ot/n 10/01 ioh m/ii 01/12
      1,292 words
    • 808 20 I M MAC-NELS S'MJRC M*SIA rTTTTri Cwrtir; MN COVTIK UNES, MC P OUCMMQ: <07) *****20 PENANQ: 04) *****36 BANGKOK: (SB2) *****57 SURABAYA: (31) *****11 PKELAHQ:p3)3»MT7 JKE (21) WP4348 KUCHSOQ (083) *****1-3 SHANGHAI 7 HiUIIIBJM MV "PAO NEDLLOYD HOLFTMAN" V.OSESO MV "DALIAN" V.191 ETA SIN: 5/1/2002 ETA SIN: 3/1/2002 NAGOYA BARCELONA
      808 words
    • 408 20 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTMMJ TO ALL NORTHBW AM) WESTERN CO POWTS MSB MM WT TO |COOMO| MM*! I',—HH O—OK vm«t VUMK mu unw km 7i* imr mma umuam Mt»9nfll« IB IMIMMORBS MM DDK SJM MM IMB »mffi nunuu mtu im nw 17m mtm usmsiv {MSB >IIV W7 «Ens
      408 words

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    • 1427 21 |VfsSa VOY KHM MKQ SIN PKL PXI Ml DOOM BMC MAN ISFAHAN PCL24O 31/12 02/01 ***** 06/01 13/01 14/01 ***** 13/01 MANHOKMOZOAN PCI-241 06/01 09/01 12/01 13/01 20/01 21/01 23/01 25/01 MAN TIHRAN PCI-242 13/01 16/01 19/01 20/01 27/01 20/01 30/01 01/02 MV UNDAVIA PCI-243 20/01 23/01 26/01 27/01 03/02
      1,427 words
    • 495 21 A k UK CONTINENT SERVICE Loading tor PISCES EXPLORER RDM/ATW/BMNAJK/LPL NEW EMERALD RDM/ATW/BMN/UK/LPL EXPLORER II RDM/ATW/BMNAJK/LPL Loads SUgoore, EJW Mataynm. mdonw MIDDLE-EAST SERVICE Loading tor FAVORTTA JDH/AQA/DMT/TRP/T AR ALJKRATOR JDH/AQA THEBES ADN/MDO/JDH/AQA RAINER DBI/ABU/DOH/BRN/DMM/KWT LOK PRATOP DBI/ABU/DOH/BRN/DMM/KWT ZEYNEP ANA JDH/AOA/DMT Toads Singapore. E7W I4atoj'ait. indon—ia USA SERVICE Loading tor MYRTO
      495 words
    • 1205 21 vOOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA 'CAR RORO HtAVYUFT SERVKE" Ivtssa VOT Mf I HDGHTI SW lIT I MAO I WA SAV I lAI I 0«f I ICTC 1 NW I WOI TAMfA AM7O2 400T«b 6JM 11/01 11/03 21/02 23/02 25/02 2t/02 20/02 04/03 M/ 03 TAUOOT AH2O3
      1,205 words

  • Page 22 Advertisements
    • 1096 22 SUKOM/UK/SCANOINAVIA expokt VESSEL/VOYAGE ISGP IM[MKIMV 1 MP I g wv EnaawKwyowMßs ovw mi mi 2M>i 2 (JUSOOMMEOIBOOW M Ml Ml 27/01 BBWWMCOITHMII P/W Ml Ml Ml Ml 31/01 PUBBAOI29<H9E I 31/P1 1 <w MB lAST AND WIST MRXTfMANIAN/MACK MA PHUT VESSa/VOYAGE ISO ITIA I GMA [POS [KM [VU lltS EvastfHaotn-imw
      1,096 words
    • 858 22 TOiil/lIOKyMWI^Wtn-WroSH^ ffisa JflH m 111 ta MJIM 1M 01/01 02/01 20/01 2MH 24/01 17/01 2S/D1 MmUHU fflLS* 01/01 W/pi 27/01 I n/oi 31/01 m/q? ovo? Isamhtamiu lI4JW is/oi it/01 03/02 I 04/0? osM 1 w/*****02 Accaptin| cargo to al UK inland dntinaliofK. |Wi i*ST/WBT»anHdmmiHNiTs- wfflay SBWKI I DOT 111 |«1
      858 words
    • 533 22 BSA X MYANMA FIVE STAR LINE (MyoMMr NctiMMl Um) W Leedieg far Ym|«« vKsa vot sn m m m hpa-am aiw at ■ONGIA 4«W a* MALAYSIA AGOfTV IOUSTUI) SMPTMG AG6KXS UL la 03-*****30 C PtL TU 03-317*410) fB»; m M-2ii}4oi rat ra 07-*****21/4 BANK LINE (A mvkt t( kmirtm Wok
      533 words



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    • 159 25 Y RIPERUSAHAAN PBAMRAN V 1 KALIMANTAN 1 PIKECT WEEKLY SERVICE TO 1 JAKAKTA/PAiimAXG/PUMAI I I y»t ai m ln*«» wui'' UOMUIBI n/ll U/11 17/11 11/>| I I uoMunuaS H7H U/li fT/51 ***** iwi~ ii/w wii ry/ii ~h7t~i SIIRAIAYA/PAJUAN6 Vwml Vtt I SM Itw m I CJWAM ggg I >5/0) I
      159 words
    • 134 25 wssa wr rnreu oat wr hasm our OMUSIMI IMB 31.1U1 MOM IMM OHIO IK DMUSIMI 0025 *****2 WD 00» *****2 Ml PMUStAJtI QMS M\tl Mi OC3H 94J18 HI BWASMH OOC 04-01 ig Hi 00<l KJIB2 SAI nxaawi ooss *****2 an oosw o/jip mom BMUSIMH QMS 0701 g MOi MM *****2
      134 words
    • 299 25 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA vcssa mi h n m m in kunkn dm a pi ct Til I I VOTOIS W W M SdU 11/01 17/01 23/01 MM VOT 014 20/01 22/01 25/01 21/01 31/01 10/12 10/02 24/02 27/02 REGULAR SERVICE TO/FROM CHfTTAQOMQ A MOMOLA JSSO WTME StftWOK
      299 words
    • 213 25 \yomm ens issarniecorn ml VBSa VOT SB ETA SMETO KSTMATKM Dm 01/02 07All 08/01 Dmb/P to/km U»i3 01/02 07/01 08/01 MM/IMommm SaM 01/02 01/01 09/01 Jwra W( ItnSkl 01/B 08/01 10/01 M* Um Sto 32 01/E 09/01 11/D1 MM/Tot lln Stt 47 01/02 09/01 10/01 SmM^Sot M*P 01/02 09/01 11/01
      213 words

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    • 506 26 TKBUSZE 937N 01-01/0 I 0710/01 IS-IVDI I TIGCK SHAtK ***** 0404/01 10-IVOI 1111/01 I tkbisuno hod oso«/oi 14-17/01 2222/01 I ma run 4m 1111/01 17 20/01 25-25/01 I llMl^^^«l«^lWOi^^?WOl^lJ2/#l| TieaasK woii oTWoi rrTWi I HGBOJFF 041 04-05/01 1113/01 2223/01 I coNßoaa 411 1111/01 11-20/01 20-21/01 I ■Ban 4wcw invoi 24-24/01
      506 words
    • 748 26 VBsa NAM VOT SMGAPOtf KELANO OffTTAGONG NONGU ft* ni ftp lu ftp ra rn> QCHOWOU4 07N031 NjN 03/01 44/41 05/01 09/41 13/41 KMONSWN6 04N423 HU 44/41 04/01 47/41 14, 01 15/41 Kim oiiiin im 14/41 li/oi roi 15/01 24/41 *s™§ Will FM 11/41 13/41 14/01 11/41 21/41 23/41 >5/41 I*
      748 words
    • 1011 26 I /b IPDZ LINES I I I," .ZT w customsavw:nLo2-221-559* hulu-w-tm I 1/ SRWAWRfc IQMGIOO MOMRK Hi 111 Orfjliito|iTQ I GISWH ***** 03/01 GUOO ***** 02/01 GIHWG 2221* 05/01 GUAM 2230 09/01 «ff Bill GMUAT ***** 07/01 G» ***** OS/OI GNIAR 2230 09/01 GKM ***** 10/01 Wmumm W MT GRWO
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  • Page 27 Miscellaneous
    • 124 27 10Pfe 11DE < ~~~WDE «aSB*_.J LEGEND: Issued by Meteorological Service Singapore RC Thunderstorm Showers /C ,in Temperature Wind direction and speed in knots Cloudy Day Weather H®zy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j ®''9 ht <1 2m One
      124 words