The Business Times, 29 November 2002

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Microfilm: NL24888
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 MITA (P) 010^03/2002 85* THE BUSINESS TIMES SIN GAPORE FRIDAY. NOVEMBER 29. 2002 Internet: httpi/Zbusiness-times.asial com.sg
    16 words
  • Article
    Lock icon MARKET SUMMARY
    68 1 sn MMJ4 (+9.10) PV 8T ran raimi U MO7J9 (+6.00) ilnnpuniß U 174J0 (+2.50) Hnnday Change KLSECOMP MM -LM NIKKEI 226 »,*****_+*0J0 HANO SENG —U.147S4 +***** SET INDEX __JH» +254 JAKARTA COMPJ89J7 +*M MANILA COMP -U41* 429 TAIPEI WP! iS12J0 _-».4J SEOUL COMP 714.54 *47 SHENZHEN B 1*131
    68 words
  • Article
    Lock icon FINANCE
    64 1 FOBEX BATES uss ss US$ (S$ per US$) 1.766 £(l'8$/S$ per L661 2.7J8 EURDlUSVSS^). 0J9S 1.762 YEN 122.1 89 JO RM 1800 2.163 HKS 7.799 4.41ft BAHT 4140 2169 RUPIAH 8J82 MM PUKE BATES SINGAPORE* US KUALA LUMPUR 149 BONO KONG 6.0M JAKARTA 3800 TAIPEI CiOO TOKYO 1176 SEOUL
    64 words
  • Article
    Lock icon Tech-led US rally unlikely to last warn analysts
    794 1  -  •Rfffnltff, companies' gnidmce for fntnre earnings do not justify the nu-ap From Andrew Marks in New York WITH earnings projections falling sharply in coming quarters, the technolgy sector's rebound is due for a swift reversal that could doom the current rally. US
    794 words
  • Article, Illustration
    Lock icon Govt may open up taxi industry
    486 1  -  Tkari operators most apply for operating licence and will face stringent standards By Christopher Tan [SINGAPORE] In a significant policy change, the government is set to introduce laws that could facilitate the entry of new players into Singapore's tightly controlled taxi industry. At the
    486 words
  • Article, Illustration
    Lock icon Picture this
    59 1 [SINGAPORE] City Developments managing director Kwek Leng Joo (left) and Cultural Medallion-winning water colour ist Ong Kim Seng showing President S R Nathan their works depicting the ancient water villages of the Jiangnan region in south China. The three-day Timeless Jiangnan exhibition at the Singapore Conference Hall showcases
    CHRIS LOH  -  59 words
  • Article, Illustration
    Lock icon SMRT chief serves last day, but no replacement in sight
    320 1  -  Chief of Tibs Tan Hap Foi to fill post as acting CEO By Christopher Tan [SINGAPORE] Yesterday was Boey Tak Hap s last day at the helm of SMRT Corp, but his replacement has yet to be found. The listed
    320 words
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      71 1 maiDE Top Stori** European markets jotted by Kenya terror attacks. M»xt P«g« Hiccup in RHB-Bank Utama merger plan, ifojrf ffag# Clifford Chance* world's biggest law firm, and Singapore's WongPartnership to seal Joint venture finally on Jan 1. fftit Pmgm Merrill's Chartered stake gains $55m. *.»>:*, "j SingTel divests 50% stake
      71 words
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      10 1 CELLULOID CENTRAL Korea's Pusan film festival Executive Lifestyle, Page 24
      10 words
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      35 1 Is 24-hours enough? ./•••</• i.'iiauri »/.//•<••«.•/ ili:\"in '<■ m ,n >,(>'.I fhi u H </».' r < ti I, i ,i; i I 5 I \v' V ft ~r s c t IM 0 I I -i V y V
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  • NEXT page
    • Article
      Lock icon US$ eases on news of Kenya terror attacks
      485 2 Blast at Israeli-owned hotel kills 14; Israeli liner Reuters, Bloomberg, AP [MOMBASA, Kenya] European financial markets were jolted from a holiday mood yesterday after a car bomb exploded at an Israeli-owned hotel here, killing at least 14 people including three suicide bombers,
      Reuters,; Bloomberg,; AP  -  485 words
    • ON THE grapevine
      • Article
        Lock icon Whose logic to buy?
        153 2 THOSE who've been in the US at this time of the year will know that today marks the official start of the Christmas shopping season. And just to make sure everyone is in the mood, stores and malls have been known to offer such hot post-Thanksgiving
        153 words
      • Article
        Lock icon Bet on another analyst?
        89 2 PSST? Wanna make money from footer? A firm called Sscores International here is promoting "professional consultations and predictions in S-League, EPL, Champ. League, Uefa and Euro Champions matches". It says it aims to provide a comprehensive guide for "investors" and "punters" on upcoming matches. Claiming up
        89 words
    • Article
      Lock icon Hiccup in RHB-Bank Utama merger plan
      498 2  -  Contradictory statements suggest discord in the talks From Eddie Toh in Kuala Lumpur THE long-awaited merger of Bank Utama and tycoon Rashid Hussain's bank to form the last anchor bank in Malaysia has hit a snag. Signs of discord in the talks, which .'began
      498 words
    • Article, Illustration
      Lock icon Clifford Chance, WongPartnership to seal JV finally
      829 2  -  New firm win be powerful force in local and regional business law By Catherine Ong [SINGAPORE] After putting off a proposed joint-venture two years ago, Clifford Chance, the world's biggest law firm, and Singapore's WongPartnership, will finally tie the knot in the New
      ARTHUR LEE  -  829 words
    • Article
      Lock icon Hunt for S'pore's best-managed corporate boards
      512 2 Contenders that earn five-star ratings for good people practices will vie ftr award [SINGAPORE] There are the best employers, the most innovative of tech-sawy enterprises, and of course the Fortune 500 league of financial giants. Now the search is on for Singapore's best-managed corporate
      512 words
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      105 2 Gravity, tke oldest source of energy in tke world. I Alio tke only lource of energy for my timepiece*. I have nothing to <lo witk battery driven watckes. My vision it to create only I classic meckantcal timepieces using tke jtandard set one kundred earJ -S°- ma^e wat£ k for
      105 words
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      48 3 I I t RESTORING COLLECTORS' TIMEPIECES. HANDCRAFTING NEW ONES. I VV ;1IMU'|\ .1! Yafriro ck hrc r I a- Temps i < J M i 1 <. j, 1 l|| S| >U J > S S V) t |iS (T >1 <» > N <» I I > < 1
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  • SINGAPORE companies
    • Article
      Lock icon SFI offer for S Daniels now unconditional
      193 4  -  Bu Serena Ng SINGAPORE Food Industries said yesterday that all conditions for its $46 million offer for British food producer S Daniels have been fulfilled or waived and the deal is now unconditional. SFI said that as of Wednesday this week it had
      193 words
    • Article
      Lock icon Merrill's Chartered stake gains $55m
      368 4  -  Chartered stock soars 22% on deal with IBM By Serena Ng INVESTMENT bank Merrill Lynch yesterday saw the value of its 11 per cent stake in Chartered Semiconductor Manufacturing swell by a sizeable $55 million, after the chip-maker's shares gained a stunning 22 per cent
      368 words
    • Article
      Lock icon Market leaks should be addressed
      656 4  -  HOCKII.U!!M« r sivanithy WHAT do Chartered Semiconductor Manufacturing, DelGro and SembCorp Marine have in common? On the face of it, not much—the first is in the electronics business, the second is a transport operator and the third is a logistics company. But look beyond the
      656 words
    • Article, Illustration
      Lock icon SingTel divests 50% stake in FailSafe Corp
      483 5  -  Joint venture partner FailSafe Holdings will buy np its stake By Tang Weng Fai SINGAPORE Telecom has ceased to be a shareholder of FailSafe Corporation (Singapore), which provides data and disaster recovery services. In a statement yesterday, Sing Tel said it has sold
      FILE PHOTO  -  483 words
    • Article
      Lock icon SingTel unit C2C to expand into M'sia with Time alliance
      216 5 Bloomberg C2C Pte, an undersea cable company majority owned by Singapore Telecommunications Ltd, will expand into Malaysia through an alliance with Time dot Com Bhd. C2C and Time dot Com will provide phone companies with networks that link Malaysian cities
      Bloomberg  -  216 words
    • Article
      Lock icon Courts H1 profit falls 34% on higher provisions
      214 5  -  By Andrea Tan DRAGGED down by provisions for higher doubtful debts, Courts (Singapore) Ltd suffered a 34 per cent decline in interim net profit to $3 million in spite of a 11 per cent rise in turnover to $104 miUion. Higher doubtful
      214 words
    • COMPANY Briefs
      • Article
        Lock icon GuocoLand rights fully subscribed
        38 5 GUOCOLAND, formerly First Capital Corp, has received acceptances and excess applications totalling 101.8 million ordinary shares and 101.8 million new NCCPS (non-redeemable convertible cumulative preference shares), representing 100.1 per cent of its rights issue.'
        38 words
      • Article
        Lock icon Comfort unit directors share trades
        60 5 COMFORT Group said Huam Chak Khoon, a director of a Comfort subsidiary, sold 60,000 shares on Nov 22. Meanwhile, Chua Huat Hwee, also a director of a Comfort subsidiary, exercised his options for 125,000 Comfort shares. On Wednesday, Yang Ban Seng, another director at the
        60 words
      • Article
        Lock icon All clear for Noreloo investment
        55 5 NORELCO Centreline Holdings, a specialised contract equipment manufacturer listed on Sesdaq, said all key conditions relating to the proposed investment by Baring Asia n Holdings (13) Limited, a subsidiary of the Baring Asia Private Equity Fund n, and individual investors Koh Boon Hwee ami Lee
        55 words
      • Article
        Lock icon Nets equally owned by banks
        61 5 THE three local banking groups each now owns a third of the local electronic payment system company, Network for Electronic Transfers (Singapore), after DBS Bank, United Overseas Bank and OCBC Bank struck an agreement to equalise their ownership as required under the company's Articles of
        61 words
      • Article
        Lock icon U886.7Bm Job for Datacraft
        25 5 DATACRAFT Asia has been awarded a three-year US$6.75 million outsourcing contract from Hanaro Telecom, South Korea's leading broadband telecommunications service provider.
        25 words
      • Article
        Lock icon Hue Koh mtt wins Chin* contract
        47 5 HUA Kok International Ltd's 95 per cent owned subsidiary, PD Manufacturing International, has secured a 126.8 million yuan contract in downtown Puxi, Shanghai to design, supply and install the aluminium and glass facade for the Shanghai Shi Mao International Trade Building.
        47 words
      • Article
        Lock icon Super Oofleeoiiz In India venture
        49 5 SUPER Coffeemix Manufacturing Ltd has formed a joint venture with CCL Products (India) Limited (CCL) and MTR Foods Limited (MTR) to establish an instant noodle factory in Bangalore and to make and sell food and foodstuff. The joint venture is called Super CCL Foods.
        49 words
      • Article
        Lock icon ASJ nine-month profit up
        48 5 ASJ Holdings, a maker and seller of leaded and surface mounted chip resistors, said net profit for the nine months to Sept 30,2002, totalled $4.94 million, up from $4.89 million in the previous corresponding period. Turnover was up 1.2 per cent at $34.46 million.
        48 words
      • Article
        Lock icon CheungWohlPO expected In mid-Dec
        52 5 CHEUNG Woh Technologies Ltd is slated to launch its initial public share offering in mid-December, Reuters reported yesterday. Cheung Woh, which makes metal plates for the hard disk drive industry, is offering 51 million new shares, according to its prospectus filed on-line with the Monetary Authority
        52 words
      • Article
        Lock icon CSnrifientAon
        45 5 SINGAPORE Press Holdings has clarified that the combined net lettable space of Paragon and Promenade —after the rebuilding of Promenade is completed in the third quarter of next year—will be approximately 610,000 square feet, not 568,000 square feet as stated in its annual report.
        45 words
    • Article
      Lock icon UOB gets nod for Haw Par share distribution
      536 5  -  Approval comes despite concern over odd lots By Wong Wei Kong UNITED Overseas Bank (UOB) has won approval to distribute stocks representing 31.12 per cent of Haw Par Corp to shareholders notwithstanding some unhappiness over the odd lots resulting from the allocation.
      536 words
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      1082 4 Seminar Details Seminar Objective implementation of the one-tier corporate Date :10 December 2002 (Tuesday) The Inland Revenue Authority of Singapore s y s^cm relief system. Time 8.45 am Registration has issued circulars on one-tier corporate 9am to Ipm tax system and the loss transfer system of WHO SHOULD ATTEND Venue
      1,082 words
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      33 4 n! LAN VIN PARIS SALE Lanvin Boutique Level 2 T A K AS H I M AVA D El P A r? T vi E N T STCfvE Tel 67 33 36 13
      33 words
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      176 5 JfIAVAyA congrat u lations Avaya On winning the Frost Sullivan Engineering Award For Leadership in the Asia Pacific Interaction CRM MiFßet i Surviving The IT Squeeze Rely on Avaya and its Business Partners to enhance your competitive advantage by building meaningful customer relationships. For the third consecutive year, Avaya is
      176 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      318 6 OTHER SINGAPORE INDICES Nov 28 VALUE CLOSE ■TOADS 228.00 +56.00 few -*****.00 +96.00 BT lfr4ay MA *****.00 +23.00 m-KEpfci 371.24 +4.13 ICfliiWn Etoct 129.36 +2.63 SBbp«MFfc 1235.21 -1.34 MrpiiiFlip 338.47 +0.15 ■Wftww 173.95 +1.45 wrnar+mm 174.90 _+?5o Chart SemlCond 26c 166,626.000 SingTel 15c 19.483,000 Datacraft 10c 17,594.000 ST Assembly 25c
      318 words
    • Article, Illustration
      Lock icon Pacific Andes' revamp, China strategy likely to sustain growth
      268 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan THE stock of frozen food supplier Pacific Andes has hardly responded to the company's recent announcement that interim earnings rose 11 per cent. The share closed unchanged at 20.5 cents yesterday as 138,000 units changed
      268 words
    • Article, Illustration
      Lock icon Chartered sizzles but caution persists
      775 6  -  STOCKS r. sivanithy THE local stock market yesterday gained some respite after three weak sessions, thanks to an overnight rally on Wall Street and furious punting of Chartered Semiconductor Manufacturing's shares following the firm's announcement of a tie-up with IBM. It was an undeniably upbeat
      775 words
    • Article, Illustration
      Lock icon Wall Street and US$ ride run of good data
      605 6  -  CURRENCIES But euro stubbornly holds its ground above 99 US cents and 120 yen larry wee A BATCH of mostly better-than-expec-ted US data released just before yesterday's US holiday gave Wall Street players and US dollar bulls a little extra to
      Source: Reuters  -  605 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2874 6 UNIT TRUSTS FUNDS S B Sel Gib BusinessIdrsPtfKSGD) on S B Sel Gib Business LAs PrfKUSO) 0M7I 0626/ 0.754/ Star Europe Bd\___ llOW Com Global lifestyle Index Fd OMV a mi Com Global Health mde*Fd 0 797/ Star Asian Tiger Eqty 0686/ Com Global Index Fd 0 423/ Star Asia
    2,874 words
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  • SINGAPORE news
    • Article
      Lock icon Far East ventures into healthcare
      535 7  -  Tie-op with Tan Tock Seng Hospital a first by a private developer with govt hospital By Vince Chong FAR East Organization will develop the Novena Medical Centre (NMC) on a site across from Tan Tock Seng Hospital (TTSH) in order to tap the synergies that
      535 words
    • Article
      Lock icon Women urged to gain new skills, widen their job options
      332 7 WOMEN need to acquire new skills given the changing face of the economy and free themselves from outdated ideas of what kind of work is suitable for them, said MP for Marine Parade GRC and Temasek Holdings managing director Lim
      332 words
    • Article, Illustration
      Lock icon Demand for gold largely flat in Q3
      273 7  -  By Chuang Peck Ming CONSUMER and industrial demand for gold in Singapore stayed largely flat in tonnage terms in the third quarter, said the World Gold Council. Consumers bought 2.6 tonnes of gold jewellery, coins and bars unchanged from a year ago. Purchases
      Source: World Gold Council  -  273 words
    • Article, Illustration
      Lock icon Sanofi-Synthelabo looking at S'pore as Asian research unit
      320 7  -  By Eugene Low FRENCH pharmaceutical company Sanofi-Synthela-bo, which has just set up its regional hub in Singapore, is studying plans to set up a clinical research unit here as well. Singapore, along with Hong Kong and Taiwan, are being considered as possible
      ARTHUR LEÈ  -  320 words
    • Article
      Lock icon GuocoLand banking on views from old to sell the new
      436 7  -  It's marketing Leonie Studio with views from existing Tanglin Studio fa Kalpana Rashiwala IN a novel marketing approach, GuocoLand will use an existing building to help sell a new project that it will develop on the same site. Instead of
      436 words
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      Lock icon Page 7 Advertisements Column 1
      92 7 Since our worldwide 1 over 275 multi-disciplined professionals 1 W V including lawyers chartered accountants J A chartered secretaries and bankers have W M provided confidential and cost effective L company formation in all the major low I 4 tax areas including Incorporation Fees from USS500 Full professional a*rer safes
      92 words
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      132 7 .^..i^/^flnnwEeHinESEruifnmjKt c?. G T ®U/fIKEHOUSESfIU 22/11 8/12 Strictly No Extension 2 40" Contain* Just Anted I 'Wff tons 780 CJmrr tOm Htrmx*S t /Qf) idfavt BOns CTJOH uf. siuo *oou smm,m $sqo sKn $228 HP Hfl 1390 SL II S*mr SMf CMWI ■HHH iw39 'I HflK C now frm. p
      132 words
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      280 7 A toast to good friends, good food and even more good food. BmMTi pyß|Mpri y WSfr* jL M i We've put together the perfect blend of good If you crave something different for Christmas, company and refreshing cuisine for you to why not experience it from Santa's perspective, enjoy over
      280 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Counting the costs of an Iraq war
      829 8  -  ■■1.111.1,11 m OPINION robert samuelson The Washington Post Writers Group IT is Feb 7, 2003, just after American troops have seized several Iraqi airfields to be used as staging areas. Suddenly, Scud missiles armed with both chemical and conventional warheads strike the airfields.
      The Washington Post Writers Group  -  829 words
    • Article
      Lock icon IN OTHER WORDS
      28 8 'I am tired of being stupid/ -Kkeiym heavyweight boxer with a long history of getting into trouble, now reformed and waiting for his next bout.
      28 words
    • Article
      Lock icon Obstacles to zero tariffs
      556 8 EDITORIAL THE US proposal for zero tariffs on industrial and consumer goods by 2015 is a welcome wakeup call to negotiators in the Doha round of world trade talks. However, the proposal may not fly unless the concerns of developing countries are taken on board Few
      556 words
    • Article
      Lock icon Dr M's intriguing new appointment
      1079 8  -  Is his choice of 2nd finance minister a boost for Najib and a blow for Razaleigh? By Yang Razali Kassim THE appointment of Tenaga Nasional's chief, Jamaludin Jarjis, as Malaysia's second finance minister has come as a surprise to many. With Prime Minister Mahathir Mohamad
      1,079 words
    • Article
      Lock icon Enlightened university admission policies needed
      278 8  -  MAiLnrn Paul Thompson Assistant Professor of Accounting and Finance. Director of MBA Programmes. Nottingham University Business School. Malaysia Campus Kuala Lumpur I REFER to the report "Singapore to offer top students varied paths" (BT, Nov 28). A few years ago, British Prime Minister Tony Blair
      278 words
    • Article
      Lock icon CPG group figures more meaningful
      172 8  -  Jimmy Tsen Senior vice-president. Corporate Services CPG Corporation THE report, "CPG set to be next Temasek company to mount an MBO" (BT, Nov 28) mentioned that CPG "had a net profit of $3.4 million on a turnover of $7.5 million last year, according to records
      172 words
    • Article
      Lock icon DOS clarifies figures on transport services
      100 8  -  Koh Soh San (Miss) for Chief Statistician Singapore Department of Statistics WE refer to the article "Services sector up 2.6% in Q3" (BT, Nov 28). We would like to point out that in the last paragraph air transport firms reported 5.4 per cent higher
      100 words
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      Lock icon Page 8 Advertisements Column 1
      25 8 YEAR-END SALE selected executive leather briefcases, lady handbags and wallets Up to 5 0 /o off GOLD///PFEIL #02-12 L Ngee Ann City #01-28 Millenia Walk
      25 words
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      39 9 Everywhere under the sun. Over j million customers Strong balance sheet. profitability and cash flow Track record of innovation Strong brand identity Quality network let I vou invest in a track record now mi II9S1 Come, share the SUN
      39 words
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      108 10 1^————— iji f 10.25%* m f r more' > Whatever your investment comfort zone. you now have the privilege of earning more 1 J aJ R I V I L E G E J B A N K I N G To find out more please call 1800 *****22 to
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  • REGIONAL news
    • Article
      Lock icon S'pore incentives won't affect Senai airport
      440 11 JOHOR BARU Cost-based operations in Malaysia still lower than in Singapore: analyst THE Civil Aviation Authority of Singapore's (CAAS) move to set up a $210 million fund to strengthen Changi Airport as a regional hub will not affect development at the Sultan Ismail Airport
      440 words
    • NOTE Book
      • Article
        Lock icon No more gifts for bank depositors
        62 11 Bloomberg [BEIJING] China's central bank, w lich has been trying ta prepare the nation's lende :s for the entry of foreignrtvals, bas a new message: i top being so competitive. Banks cannot kray frqm government-set interest rates and cannot use gifts or lower service
        Bloomberg  -  62 words
      • Article
        Lock icon YTL Power posts 38% rise in Q1 profit
        64 11 Bloomberg [KUALA LUMPUR] YTL Power Intei national Bhd, Malaysia's power producer, said profit influrfjrstQuarterrose3Bpercent,! elpedbythe inclusion of the earnings of Wessex water pk, it took over In March. Net Income rode to RM152.1 million (5170.6 million) in the three months ended September,
        Bloomberg  -  64 words
      • Article
        Lock icon BOT won't sell BankThai stake
        78 11 Bloomberg [BANGKOK] Thailand's central bank will not sell any of its 40 per cent of Bank Thai Pel to overseas Investors because it wants to keep the lender under Thai ownership and management, governor Pridiyathorn Devakula said. His comment came after Krungthep Thurakit said yesterday
        Bloomberg  -  78 words
      • Article
        Lock icon New Indon law on broadoasting
        63 11 Bloomberg [JAKARTA] Indonesia's Parliament has approved a law allowing greater foreign investment in broadcasting and increasing government control. Foreign entities will be able to own as much as 20 per cent stakes in Indonesian radio and TV stations. The law, which ends* ban on foreign
        Bloomberg  -  63 words
      • Article
        Lock icon Taiwan seen cutting rates in Q2
        102 11 Reuters [TAIPEI] Taiwan's central bahk is likely to cut key interest ratesby another quarter point in the second quarter of fe)o3 to boost the island's flagging economy, sfo executive at Citibank Securities (Taiwan) said yesterday: "There's still room for the US to lower Interest
        Reuters  -  102 words
    • Article
      Lock icon Honda to invest RM374m in Malaysia by 2005
      382 11 PEGOH, Malaysia AFP JAPAN'S No 2 carmaker, Honda Motor Co, said yesterday it will expand its Malaysian presence by investing RM374 million (*****.7 million) in its manufacturing operations by 2005. The company has already invested RMIBO million in a 32-hectare factory in
      AFP  -  382 words
    • Article, Illustration
      Lock icon M'sian doctors to advertise their services
      326 12  -  This is part of govt plan to posh medical tourism sector From] Diana Oon Abdullah in Kuala Lumpur MALAYSIAN medical specialists will soon be allowed to advertise their services to prospective patients. The advertisements will include information like medical training, years of practice and
      326 words
    • Article
      Lock icon Philippine economy contracts as farm crops fail
      346 12 MANILA Output of goods and services down 0.1% in 03 Bloomberg THE Philippine economy contracted unexpectedly for the first time in four years as drought then typhoons damaged rice and corn crops, and manufacturing slowed. The nation's output of goods and services fell
      Bloomberg  -  346 words
    • Article
      Lock icon Australia, Canada shut their Manila embassies
      102 12 MANILA AP AUSTRALIA and Canada closed their embassies here yesterday after receiving what they called credible terror threats, prompting the Philippine authorities to tighten security in the capital, which has been hit recently by bombings. Armed police closed streets, set up barricades and circled
      AP  -  102 words
    • ASIA Notes
      • Article
        Lock icon China likely to grow 8% in 2003
        72 12 Reuters [BEIJING] China's economy is likely to grow around 8 per cent in 2003, powered by a strong flow of foreign investment and an expected global economic recovery, a senior State Statistical Bureau official said yesterday. "China's economic growth is expected to match
        Reuters  -  72 words
      • Article
        Lock icon Fall in HK's Oct mortgage approvals
        80 12 Bloomberg IHONG KONG] Hong Kong mortgage approvals fell 14.6 per cent in October to HKJ7.7 billion (SSI.7 billion) as fewer people bought new apartments, the Hong Kong Monetary Authority said. The money actually drawn from lenders to buy homes also fell, dropping 16.3 per
        Bloomberg  -  80 words
      • Article
        Lock icon HK nod for three retail hedge funds
        91 12 Reuters [HONG KONG] Hong Kong's financial markets regulator said yesterday it had authorised three hedge funds to be sold direct to the retail investing public, but declined to give details on which firms had won the approvals. "The SFC has so far authorised
        Reuters  -  91 words
      • Article
        Lock icon China launches composite bond index
        66 12 Ratters [SHANGHAI] Chinese brokerage CITIC Securities Co said yesterday it has launched China's first composite bond index to give investors a benchmark bridging the country's two segregated debt markets. The CITIC Bond Composite Index tracks treasury, financial and corporate bonds listed on China's stock exchanges
        Ratters  -  66 words
    • Article
      Lock icon Ex-top KMT man in kickback scam probe
      243 12 TAIPEI He allegedly breached party investment roles AFP A TAIWANESE financier, who once controlled the huge business empire of the former ruling Kuomintang party (KMT), has been questioned about his alleged role in kickback scams, prosecutors said yesterday. Liu Tai-ying, chairman of China
      AFP  -  243 words
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      399 11 noieftfeiaiwaa 1 1 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IAUSCH ft LOMB FAR EAST PTE (in Members' Voluntary liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursfcantta Section 290(3)(b) of the Act) At an Extraordinary General Meeting of the Company deemed to be
      399 words
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      75 11 s mM^^SI *W >fI^WH Xin Cuisine brings you steamboat done in two different delicious ways, Tom Yam or Superior Stock. All done in traditional Hong Kong style to >f> keep you warm and cozy during the fT"' t N cool month of December. Enjoy. CONCORDE CMINCtI IftTAUIAMT HOTII m m
      75 words
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      74 11 r /m WT%/'- f S 1 »W» Hniflici. At m>i mh city 01-01. Hm p«ri|w 01-03/0*. a 11% linear* fin* watch**. tiHtlwi. www.dunKill.ccin WN H III To advertise your Notices Call toll-free 1800 289 8822 or email recruit@sph.com.sg To advertise your Notices Call toll-free 1800 289 8822 or email recruit@sph.com.sg
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  • Article, Illustration
    Lock icon FINANCE
    1050 12 Transaction dale: Nov 28 [MTgEBAW CROSS KATES AS a K U» Mil japan V« W» Ml IS Mh fwi S$ 8wi Sir CTS 8*t Hmt USS Vstraia OJTI 4326 0.561 4347 ***** 50.068 0.681 6J32 118 LOO ***** 29.171 0.984 5.114 0J28 19.403 24.194 0359 0557 Canada 1139 5.269
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      725 12 BUKIT SEMBAWANQ ESTATES LIMITED ANNOUNCEMENT 4 Unaudited Results for the Half-year ended 30 September 2002 The Directors of Bukit Sembawang Estates Limited announce the unaudited results of the Group and of the Company for the half-year ended 30 September 2002 as set out below: The Group The Company $000 $000
      725 words
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      149 13 The America's Cup Choice L W I I k w gHLj. t V R V\ v \l W u te* <»IM^BlßM^^^M*.s®" K Hl ■H B IB H H BBBj JPP^ Seamaster Aqua Terra Co-Axial Escapement 3 year extended warranty The America's Cup: the oldest and most coveted trophy in the
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  • REGION world
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      Lock icon Tokyo stocks soar ahead of reform schedule
      380 14  -  Investors hope it will set np a framework for recovery From Anthony Rowley in To/cuo TOKYO stock prices jumped to a twomonth high yesterday on hopes that a timetable for proposed banking and corporate sector reforms in Japan, due to be announced today,
      Source: Bloomberg  -  380 words
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      Lock icon Hu receives rare front-page coverage
      363 14 BEIJING But party paper gives more prominence to Jiang AFP CHINA'S new Communist Party leader Hu Jintao made a rare foray onto the front page of the party's official newspaper yesterday, after virtually vanishing from public view since his accession. The 59-year-old vicepresident, who took
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    • Article
      Lock icon Foreign buying of US corporate bonds down 60% in Sept
      253 14 NEW YORK Reuters FOREIGN investors, a key source of demand for US corporate bonds,, cut their net purchases by 60 per cent in September from a year before, the US Treasury Department reported on Wednesday. Net foreign buying of US
      Reuters  -  253 words
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      473 14 IN THE MATTER Of THE COMPANIES ACT CAP SO (AS AMENDED) and CMH INDUSTRIES PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) CO REGN NO: *****3901 C AND SECTIONS 307 NOTICE Of ADJOURNED MEETINGS NOTICE IS HERESY GIVEN of ndjounwd meelingi of Mamben and of Credte*» to be held at pm
      473 words
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      344 14 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 JUBEDAN PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company doomed to be held at 178 Clemenceau Avenue #06-00. Haw Par Glass Tower. Singapore *****6 on 22 November 2002, the MkwwoQ resolutions were duly paaaed: 1. SPECIAL
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      1157 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JL TAKADA TECHNOLOGY (S) PTE LTD (In M#mb#rs' Voluntary Li^uidoliofi) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Com ponies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will
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      611 14 IN THE MATTER Of THE COMPANIES ACT, CAP. SO [Section 290(2MU1 AND IN THE MATTER Of MKAT HIAN FUTURES PIE LTD fßpHMßbMcs' Voluntary NOTKE Of RESOLUTIONS At on Emroofdmofy General Meedng af die Company held at M Raffle. Ptoce P3OOl UOt Plant 1 Singapore 04*624 on dw 20d» day of
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      597 14 M THE MATTER OF ■HNMVMMI AND MIME MATTER OF RON (PWVATE) LMRTED /W* I mmoers vowntary UQuianon) •n LXUeOfurWy btOpl MMOHQ 01 M ibovofivnod Conpmy duly convmid snd Md 101 -A Upper Crow SkM*. #11-22 PpppMt P«k Canto. Singapore MOM on tw 22nd day of November 2002 at 11 00am.
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      570 14 NOTICE OF FMAL MEETING *4 THE MATTER OF THE COMPAMES ACT. CHAPTER M AND M THE MATTER OF OCEANU LAND MVESTMENTS PTE LTD PfMBUA MVESTMENTS PTE LTD ELDERS -VESTMENTS PTE LTD COMMEIK BIVESTMPITS PTE LTD (M MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN Jhtt ID Frol Gflnflrsl Meetang Ol the
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      601 14 M THE MATTER Of t THC COMPANIES ACT. CAP. SO [SedioeKOWbl] AND M THi MATTE* Of MS TRADING |PR (VATt) LIMITED (In Mmktn* Voluntary NOTICE Of RESOLUTIONS Alan Ldioordteory General Meeting ol *m Company held at I Crew Slrea* *2*oo PWC tuldng Sing span 04*424 on *e 22nd 4ey«#Ne»oiiAar 2002.
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      43 15 THE NEW RANGE ROVER AfjOVI; Trff| h!j'j J': 'fi': '.U*;'/* hlj'j'J'. fh«; -i iih J': Hi'; li':':'] Jll'Jlfy ;ihfJ J': 11 jov».* f.;if<:f]orr,.'j?iun -»hi>v: it -ill ABOVE IT AIL 1 11 .<» J fLAND- -ROVER (HI I AMI) ROVf R I /Pf Rlf Nf.F
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  • WORLD news
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      Lock icon Soros cuts back on Euro hedge funds
      522 16 LONDON Nearly a third of London staff have lost their jobs or are being relocated Reuters, FT, Bloomberg BILLIONAIRE financier George Soros' fund management group is significantly reducing hedge fund activities in Europe amid continued market turmoil, the Financial Times reported yesterday. The
      Reuters,; FT,; Bloomberg; AFP  -  522 words
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      Lock icon Govt to help France Telecom: reports
      439 16 PARIS Reuters Bloomberg THE French government plans to invest 9 billion euros (5515.8 billion) in France Telecom to help the former phone monopoly meet debt payments, French newspapers said yesterday. The government plans to create a state-owned company that would borrow the vast sum
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    • Article
      Lock icon Munich Re posts loss of 859m euros in Q3
      408 16 It warns of unprofitable Q4 also en stock writedowns Bloomberg [MUNICH] Munich Re, the world's largest reinsurer, posted a third-quarter loss of 859 million euros (Ssl.s billion) and said it will also be unprofitable this quarter as falling stocks force the
      Bloomberg  -  408 words
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      Lock icon US corporate credit in bad shape
      251 16 NEW YORK Motdy'sciits ratings of4l firms, upgrades only 5 Reuters THE ability of US companies to make payments on the huge amounts of debt they took on in the go-go 1990s is sinking, even though the economy appears to be on the mend, Moody's
      Reuters  -  251 words
    • Article
      Lock icon Fed beige book report shows slow recovery
      352 17 ATLANTA This is in contrast to Wall St's recent surge, highlights urgency of rate cuts LAT-WP THE economic recovery is alive but limping, according to the snapshot offered on Wednesday by the US Federal Reserve. Although the Fed's periodic report is anecdotal and
      LAT-WP  -  352 words
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      Lock icon Napster brand name, technology sold despite challenge
      247 17 LAT-WP THE brand name, website and technology of pioneer file-swapping service Napster Inc were sold to Silicon VaUey software company Roxio Inc on Wednesday after a bankruptcy judge dismissed an unorthodox last-minute objection by Napster's first boss. Record labels and other creditors wiU
      LAT-WP  -  247 words
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      Lock icon US retailers pull out all the stops to get holiday shoppers
      515 17 Reuters [CHICAGO) Sex sells and money talks. US retailers are banking on these cliches to drive sales this holiday season, with Abercrombie Fitch Co famous for its skinfilled catalogs turning to scantily clad instore greeters to lure reluctant consumers.
      Reuters  -  515 words
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      Lock icon King named as next BOE governor
      405 17 LONDON AFP THE deputy chief of the Bank of England, Mervyn King, will become its governor next year. Chancellor of the Exchequer Gordon Brown announced on Wednesday. Mr King will replace Edward George who retires next June after 10 years as governor. Like Mr
      AFP; AP  -  405 words
  • Article
    Lock icon COMMODITIES
    1414 16 8IOOM FUTUMBS Nov 28 MO MnKCM* priced Cteao Mm Opaa mm im una ft—» Mm* Dk 02 H9.79 Jw 03 B0.75 FA 03 60.75 Mar 03 190.75 RSS3(UStMts/k|) Maa Op matt BUI Uv Sett ff I Bill I) irtvwt OK 02 0400 950 Jh 03 1150 ISM 05J0 475
    1,414 words
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      783 17 IN THE MATTER Of THE COMPANIES ACT CHAPTER 50 Section ?90<2Hb| NOTICE Of RESOLUTIONS VF CAPITAL (SINGAPORE) PTE LIMITED (In Memberi Voluntary liquidation) Al an ExtroorcWiory General Meeting of VT CAPITAL (SINGAPORE) PTE LIMITED held a Ciou Street. *17-00 PWC Iwldeg. Singapore 04*424 on the 21st day of November 2002
      783 words
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      817 17 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF HEALTH ONE LIMITED (In Members Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the abovenamed Company duly convened and held at 9 lib Crescent Singapore *****2 on the 26 r day oI November
      817 words
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      1606 17 rl(i) SCD 320,000,000 Series 1 Floating Rate Notes Due ***** l(i>) SCD 15,000,000 Series 3 Floating Rate Notes Due 2003 I (iii) SCD 15,000,000 Series 4 Floating Rate Notes Due 2004 (iv) SCD 35,000,000 Series 5 Floating Rate Notes Due 2005 In accordance with the provision of the abovementiontd Notes>
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  • Article
    Lock icon STOCKS ASIA
    4448 18 Transaction date: Nov 28 for more, go to uvwjasuionenrnarketsjcom HONG KONG HK Exchanges 6 Clearing 1060 005 4270 vol MK*mn 1.50 007 190s MM 000 Hongkong Electnc 30 50 A 50 2128 Hongkong Chinese 0.57 unth 898 Alpha General— 0 02 unch 4000 Hongkong Chinese Ltd 0.57 imch
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  • Article
    Lock icon KLSE
    2352 18 Transaction date: Nov 28 KUALA LUMPUR E2Z 1 """*—j« 3 Vo i FS8M 165 unch 0 MM roooi fW Industries .0.16 unch 0 Gjrtang 0.95 002 2 AIM Realty __002 inch 0 5"""™ "JiS 14 Abrit 1,07 -0.01 16 GanadCorp .0.70 inch 4 ACP Industries 288 -001 13 5*""?!?3
    2,352 words
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    Lock icon SGX
    720 18 Transaction date:Nov 28 aapl w» m a» ow» CtC >42 1« MM» a* um rI i i.m »i*> .oow ocac is iodw ommmk ioo ijm -o;jb out o» t** -ojoo C%0«vSk i07 4 HO .0(*J PaMfNBt ujrt esi'j A COS QNMTJk III '«?00 «0 HO KB K nw M«
    720 words
  • Article
    Lock icon BONDS & WARRANTS
    520 18 BONDS WARRANTS Latt V* Caw bar Nk Gaa'lfttn CMpay Mi «t- HI Mb Wa fof tali AST1W*****1 ITS 1 16 116 089 19 AcmaLtd\MM1116 2 1 50 643 3 50 24 A/ntt* W*****0 83 13 849 1 33 140 31 A>nstrongW*****0 15 1 10 92 4 00 18 Bar6%5A*****1 10k
    520 words
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  • Article
    Lock icon SGX MAINBOARD
    5613 19 Transaction date: Nov 28 for live prices, log on to uww >jasiaonemarketB£om UM last Vol Day IMQwu GrOto Oh GrYld MM MCap W» Iw CI wp ny M» W- W L—r 8»yr Sdhr Cw W M ABNAmroNIG 56c 9 12 34 1416 20.5 9 ACE Dynamics20c 10 7
    5,613 words
  • Article
    Lock icon SGX XTRANET
    64 19 H U« M lion fifOhr Ohr GrYW MM 1Kb u» M» «f r— I—I Um mmm Utm Cm m 13 I Q»0 89 Diamonds US113cd >24 S 1000 111 7800 5600 2700 IS DJ US Tech US3740cdcd S75 5S5 IS MSO Spore USSSSakd ***** 8200 IS SAPSOO US8270cdcd
    64 words
  • Article
    Lock icon SGX SESDAQ
    1352 19 H l*« V«l Day IMQMI Cfttv Onr CrTU MM MCa Sat. w PW8> m+ u» Bf Safcr Cm m >3 225 9 ABKHMgsSc W 10 0 193 MS IS APOrfSc 17 unch 47 17 17 17 18 S 11.5 1.5 7.2 tU »S 14 AS Auto 10c 215
    1,352 words
  • Article
    Lock icon CLOB INTERNATIONAL
    370 19 524* Lot \M Day LatfQwrt. Gittr M> CrtM M 88Ca» dm ii s*. w- c—m u» >■» cw rm <a m 80 AV*rviraA25c «a«cd *1 148 98 5 98 98 99 40 34 10.2 5.7 210.9 Cattv»yP*20c MK720 265 2.1 74 6 243(62 OwungKongSOc HK1780 240 6 3
    370 words
  • Page 19 Advertisements
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      95 19 'U"M m LjL oto 10 as fast as your legs can pedal. BMW Junior Bike. For children 2 to 4 years. Now on sale. All purchases come with free gift wrapping. Amounts exceeding $100 enjoy complimentary delivery. Call 6319 0190 now or visit pml.com.sg to view our complete range of
      95 words
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      1643 20 <;V> Registered Office: 3rd Floor, Absa Towers East. 170 Main Street. Johannesburg. 2001 ABSA Absa Bank Limited. Singapore Branch: 9 Temasek Boulevard #40-01 Suntec Tower Two. Singapore *****9 croup limited 4A amount* are In Rand million Balance Sheet Income Statement as at 31 March for the year ended 31 March
      1,643 words
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      Lock icon Page 20 Advertisements Column 2
      304 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [(Section 290(2Mb)l AND IN THE MATTER OF SECURITIES INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS Al on E»troordinory General Meeting ol the Company held at 80 RaMes Ploce, UOfi Plazo 1, 6th Floor, Board Room, Singopore *****4 on
      304 words
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      313 20 IN THE MATTER OF SEABANC CREDIT PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50, that a Final General Meeting of the members of the abovementioned Company will be held at 10 Coiyer Quay. #21 -01 Ocean Building. Singapore
      313 words
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      96 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50(1994 ED) AND IN THE MATTER OF KOCH CAPITAL MARKETS ASIA PTE LTD (In Creditor*' Voluntary liquidation) NOTIO TO CREDITORS Of INTENTION TO DtClAIi DIVIDEND Name of Company Koch Capital Markets Asia Pte Ltd Address of Registered Office Formerly of 1 18
      96 words
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      1558 20 SNNMMO IMI SPi Head Office: Turin, Italy. Sanpaolo IMI S.p.A. Singapore Branch: 6 Tcmasek Boulevard #42 04/05, Suntec Tower Four, Singapore *****6 Consolidated Balance Sheet Consolidated Statement of Income As of 31 December 2001 As of 31 December 2001 (miliums uf Euni) (millions of Euro) 31/12/01 31/12/00 31/12/01 31/12/00 Assets
      1,558 words
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      199 20 IN TH»: MATTKR OP THK COMPANIKS ACT. CHAPTKR SI AND IN THK MATTKR OF kkri.o n>: m> (la Mirtir VatwMart WiadiacUpl NOTK.K Ot HNAL MIKTLNt. NOTK.T B HhKhHY C.IVKN purvuam 10 Section Vm of lhe Companies Act. C*» *>. thai (tic HNAI. MKKTING of the members i>f the ahosenamed Company
      199 words
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      231 20 IN THE MATTER OF SHOWA LEASING (SINGAPORE) PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 50. that a Final General Meeting of the members of the abovementioned Company wii be held at 10 Colfyer Quay. #21-01 Ocean Bu**ng. Singapore
      231 words
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  • THE ARTS
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      Lock icon Proof of chemistry
      669 21  -  David Auburn's award-winning play is well fleshed out, if a little lacking in edginess, says PARVAIHINAYAR PARVATHI NAYAR DAVID Auburn's 2001 Tony and Pulitzer Prizewinning play, Proof, is very much like the mathematical proofs his characters bicker, worry and fantasise about elegantly simple on the surface but
      669 words
    • Article
      Lock icon Investigations of an alternate nature
      501 21  -  By Aaron Lye WHATEVER else you may call it, Theatreworks' Da Vinci Project version 1.0 was one of the most ambitious undertakings by a theatre company here in recent memory. The goal was simple in a way to challenge the modern notion that the arts
      501 words
  • Page 21 Advertisements
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      256 21 Where to wine, dine and entertain... jij| PteS±&ai»asl "East Meets West" rf/? Buffet Hi-teo 3§|i\ Every Saturday, Sunday ti I*o Jji Public Holiday at Cafe Vanda 11UV 12.00pm-4.30pm Adult $14.80*" CMdslo.oo*"(4-12yrs) W Tea favourites Include Otm Sum, Satay, Laksa, Kofo*, liNcxcfi nc one mort: Popukrdu—ftsMMChmdolondHomfwodt NonyaKuey For parties of 25
      256 words
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      239 21 Feast on New Zealand Rock Oysters. Mussels, Smoked Fish and ChUled Prawns, then head for the open kitchen for Seafood Skewers. Crayfish. Spicy Crab and more. An added bonus is our Japanese corner, featuring fresh Sashimi. Sushi. EM Tempura, Tori Teriyaki and others. $35 per adult and $18 (child). Dinner
      239 words
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      75 21 The Vines Restaurant For Seafood Steak 275 Thomson Rood, Novena Ville (opposite Novena Church) Singapore *****5 Jklnga i»iloo< mtiMiri 920 East Coast Parkway M 6345 1111* Fax: *****138 @3^J!figS^(^3d^^Du£SSi]3B Tty our specialty live seafood Lobster Sashimi Drunken Prawns Chilli Crabs plus Razor Clams. Geoduck. Variety of Live Fishes etc. Steamed,
      75 words
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      51 21 V-V V< ■^■Bl P Cjnjoy Jfonetj"yfazed\Jfam, VkmeUiiSofCßeef, Otoasi Q/S Duriey... more Oks/we Qoodies Call 6831 6285 to place your order now! Vlix Mmntktrin UJ SdmmuwrJ mm kllllLi 333 Orchard Road. Singapore *****7. "TVi'iTT W: 6737 4411 Fax: 6732 2361 CHEF 5 RECOMMENDATIONS nrntdk 4 \^d!L. Vnl^T- r f J £^-^5
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  • EPICURE/BOOKS
    • Article, Illustration
      Lock icon An understated fusion
      718 22  -  The execution is French and the palate, mainly Asian. CHEAH UI-HOON enjoys the clean taste of Salt CHEAH UI-HOON A LOT of things about Salt, on Amoy Street, are understated, including its phone number. A couple of calls to SingTel's 100 service to get the number for
      718 words
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      Lock icon Jannie Tay tells her story
      652 22  -  By Corinne Kerk TIME To Live Jannie Tay's Journey, a biography on the managing director of watch retailer, The Hour Glass, will be launched today at the Women Inspire 2002 event. The book chronicles her life as a daughter, wife, mother, entrepreneur and businesswoman, and
      652 words
  • Page 22 Advertisements
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      66 22 L£i z o > I always start g o the day with a J O o good breakfast n n O =r O t-t <L 00 h O 3 Trust Novotei in Asia Pacific sYou can trust Novotei at hotels from Hong Kong to Sydney, Shanghai to Bangkok, Kuala Lumpur
      66 words
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      206 22 CompHmentaiy BT aft the mads IF you're not working tomorrow, you can still get a weekend copy of The Business Times at selected outlets at the following malls, with their compliments: Clarke Quay, Funan IT Mall, Junction 8, Liang Court Millenia Walk, Plaza Singapore, Scotts, Tampines Mall and Tanglin Mall.
      206 words
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      444 22 IN THE MATTE* OF THE COMPANIES ACT CHAPTER SO Section 390(2 Mb) AND IN THE MATTER OF DATACOIOR ASIA PACIFIC PTE LTD (IN MEMKRS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION At on Extroordinory General Mssting of the Company held ot S Princess Read, Lowrtncwillt, NJ 0(649 on 20th day of November
      444 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      313 22 CBYFTIC CROSSWORD v 7 Caribbean fruit product excellent tin (8) 7 I® j 9 Religious outside a church IbJ in shade (6) 10 Thickened milk said to be for 1 Actor so well employed not Hi Ml HV WM taking offence (2, 4, 4) 12 Ache, working as fielder (4,
      313 words
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  • CINEMA/ENTERTAINMENT
    • Article
      Lock icon Red hot and still rocking
      451 23  -  By Kannan Chandran LIKE inadvertently biting into a piece of chilli, there's never a dull moment when the unpredictable Red Hot Chili Peppers are anywhere within hailing distance. In their two decades on the scene, they've stretched the limits of imagination with albums and antics
      451 words
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      Lock icon Nightspot owners get together to form panel
      626 23  -  By Corinne Kerk ENTERTAINMENT is serious business. While there may already be a grouping of entertainment outlet owners under the Association of Entertainment Organisations (AEO), a subsector of pub, bar and club owners has formed a separate panel to look into their specific
      626 words
    • Article, Illustration
      Lock icon When a young woman's fancy turns to love
      566 23  -  Audrey Tautou returns to the screen as a wide-eyed ingenue whose infatuation with a married man becomes somewhat twisted. PARVATHINAYAR tries not to give the game away PARVATHI NAYAR EVERY love story, indeed almost any story, has two points of view. This
      566 words
  • Page 23 Advertisements
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      114 23 You could be the lucky winner of a pair of tickets (worth $151 each) to the Singapore concert by answering this simple question: Ite Bad Hot Chili Peppers have foand im mytepwde their socks. Yea/No? Email your response to warnermusic_sg@yah oo.com. In addition, 10 readers will win a CD hamper
      114 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon celluloid central
      1904 24  -  GEOFFREY EU In a relatively short time, Korea's Pusan International Film Festival has become Asia's cinematic nucleus, drawing top-notch directors, well-versed fans and hungry dealmakers. GEOFFREY EU looks at the event the players, and the turning point in Korean film WHEN it comes to the single most important
      1,904 words
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      Lock icon S'pore films gain awareness at PIFF
      393 24 SCORE one for the home team: Singapore films enjoyed a winning start at this year's Pusan International Film Festival, then continued to make a strong impression by snagging a coveted award at the Pusan Promotion Plan (PPP), which provides marketing momentum for unfinished film
      393 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      271 25 Reuters THE Baltic Dry Index (BDI) rose 25 points to 1,514, the Baltic Panamax Index (BPI) gained 19 points to 1,479, the Baltic Handymax Index (BHD firmed 87 points to 10,010 and the Baltic Capesize Index (BCD was up 46 points to 1,950. TIME-CHARTER: Pantagruel (ex Royal Excelsior)
      Reuters  -  271 words
    • Article
      Lock icon MARITIME STOCKS
      270 25 MX '000 ma *h m CWT Distribution 0.70 und) 0 Chuan Hup 0.50 unch 553 Cosco Invastmant 0.19 -0.01 23 Frrtqht Links 0.04 0.01 19 GB Holdings 0.64 unch 8 Jay* Holdings 0-24 -0.02 1075 KappaiCorp 4.04 unch 3334 Kappal Marina 0.16 0.01 331 Kappal T«H 0.95 0.02
      270 words
    • Article, Illustration
      Lock icon S'pore Customs to install 2 gamma-ray scanners
      606 25  -  USssm equipment to be stationed at Taqjong Pagar and Pasir Panjang terminals By Donald Urquhart [SINGAPORE] In order to boost security at Singapore's sea and land entry points, the Customs and Excise Department is adding to its arsenal of new technology by acquiring
      PHOTO COURTESY OF SAIC  -  606 words
    • Article
      Lock icon PSA's Tuticorin terminal told to slash tariffs by 15%
      167 25 [SINGAPORE] PSA Corporation and its partners in the Tuticorin Container Terminal on India's southeast coast have been ordered to slash tariffs by the Tariff Authority for Major Ports (TAMP). The order to cut by 15 per cent came after TAMP rejected
      167 words
    • Article
      Lock icon NYK buys back shares
      107 25 Bloomberg [TOKYO] Nippon Yusen KK (NYK), Japan's largest shipping line, bought back about 6.4 million shares for 2.23 billion yen (5532.3 million) from the Tokyo Stock Exchange. The Tokyo-based company bought back the shares between Oct 31, 2002 and Nov 27, 2002, it said in a
      Bloomberg  -  107 words
    • Article
      Lock icon Disney cancels next Magic cruise
      239 25 Ship will instead be docked for thorough cleaning after second virus case AP [ORLANDO, Florida] Disney on Wednesday cancelled the next voyage of the cruise ship Magic after dozens of people contracted a flu-like stomach illness this week the vessel's second voyage in a row
      AP  -  239 words
    • Article
      Lock icon Terrorists may use scuba divers to attack ships: FBI
      375 25  -  Yemen imposing restrictions on vessels approaching commercial ships By\ Donald Urquhart [SINGAPORE] The global shipping industry has been put on alert after US authorities warned that terrorists mayuse scuba divers to attack ocean-going vessels, while Yemen says it will open fire
      375 words
    • Article, Illustration
      Lock icon High-tech firms welcome end to US West Coast port dispute
      693 25  -  Door finally opened for them to launch products into lucrative market From Jennifer Lien in Silicon Valley [OAKLAND, California] The long awaited settlement of the US West Coast port impasse has opened the door for technology companies to roll out
      JENNIFER LIEN  -  693 words
    • Article, Illustration
      Lock icon Rail firm can't limit liability under Himalaya clauses in bills of lading
      1191 26  -  ADMIRALTY CASEBOOK Shipper sues Norfolk Southern for US$l.5 million for negligence and breach of contract -By Selva Kumar A US appeals court has ruled that a railroad company in the US could not limit its liability for damage
      FILE PHOTO  -  1,191 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      207 26 PAGE Avant 8 B'tang Mas 5 BSA 6 BSC 8 BTL 8 CMACGM 3 COSCO 3 Central Ex 4 Chahaya 8 Charter Shpg 8 China Shpg 5 Confer 8 Cougar 5 CWT Globelink 6 Del mas 4 Dongnama 3 EP Carriers 8 ECL 3 Eng Lee 8
      207 words
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      11053 30 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number N/B JO/12 COSCO EMPRESS SEA 0133W *5******0 To ABIDJAN (ABJ) 2003 Cot* Dtvoir* is/12 01/01 nvk nyk procyon hw«9 *5******3 06/12 01/01
      11,053 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        660 33 Vend Voy No Berth Arrival Departure JURONG PORT BT NURDIANA *****2 J1 A/SIDE 29/11 03(X LIJNBAANSGRA 16 J7 A/SIDE 29/11 140< MAKIRI GREEN 01/02 J16/17 A/SIDE 29/11 070< MARCOPOLO 46 04/02J J3 A/SIDE 29/11 063( PAN OASIS V012 J8 A/SIDE 29/11 180< SANDIDEWA 2 108 J5 A/SIDE 29/11
        660 words
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        Lock icon CONTAINER SCHEDULES
        1845 33 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vend Out In Bth Berthing Un- Bnrtfc Nint Voy Voy seq berthing Nmbf ACX LAAC 046* 046* 1 3M1Q002 1500 0102/*****300 API UtT 067N Q67N 1 02/12/2002-0900 02/12/2002 1830 ACX SAJCLWA 0105 0105 1 ajjlggjjg *****002-0400 TO! Al MUTAMA1M C218W C218W I 3<Y)1fl002
        1,845 words
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        Lock icon GLOBAL HOLIDAYS
        144 33 Dm 5 Thailand: King's Birthday. DmI Malaysia: Hari Raya Puasa. Brunei: Hari Raya Puasa. Singapore: Hari Raya Puasa. Dae 7 Malaysia: Hari Raya Holiday. Dm 10 Thailand: Constitution Day. Dae 23 Japan: Emperor's Birthday. Dee 24 Switzerland: Christmas Eve (ha day). Dee 25 Australia: Christmas Day. Belgium: Christmas
        144 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        745 33 THIS report, compiled by Cockett Ma rine 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 average sized stem Market movements are indicated The Cockett Bunker Price Index change and
        745 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        446 33 cm%m no IUi 990.7 0.4 15.7 0.07 80 0.03 ttm 21 OMUtT htH MmMm MM ilfcll Wo*owE25 0 0 2 0 0 0 380 Aw 9844 02 13.5 0 06 30 0.02 toa 380 Ma 9913 03 XIJk 0.08 74 0.04 M/Wl %t/9 %■/> W u—i
        446 words
    • AIR & LAND transport
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        Lock icon THAI shares surge 5% as profit jumps fivefold
        440 34 Net income rises to 10.2b baht; carrier to pay dividend for first time since 1997 Bloomberg [BANGKOK] Thai Airways International pel, Asia's second-best performing airline stock this year, gained 5.3 per cent after it said fullyear profit rose more than fivefold and
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        Lock icon Air passenger traffic still stalled
        406 34 Bnt global cargo volumes are recovering strongly, led by Asia-Pacific Reuters [GENEVA] World air passenger traffic remains stalled well below long-project-ed growth rates a year after the suicide hijackings in the United States sent it into a tailspin, industry sources said on Wednesday. But they
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        150 34 Bloomberg [TOKYO] The International Air Transport Association will open additional air routes between Europe, Asia and Australia, saving airlines US$55 million a year and trimming 30 minutes pff some flights, the industry group said in a statement. A new agreement between 21 countries will
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        Lock icon US Thanksgiving holiday travel rush under way
        557 34 Smooth going for most areas, bnt delays reported at some airports Reuters [CHICAGO] Amid tight airport security but generally favourable weather, millions of Americans took to the roads and the air on Wednesday to join family and friends for the Thanksgiving holiday, the
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        Lock icon Varig may slash flights and deepen job cuts
        458 34 New CEO stresses need for USs4oom bailout to help carrier stay afloat Bloomberg (RlO DE JANEIRO] Brazil ian airline Viacao Aerea Rio-Grandense SA (Varig) may cut flights as Latin America's biggest airline seeks a US$4OO million bailout to stay in business. Varig.
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        Lock icon Virgin Blue to offer package holidays
        137 34 Bloomberg [SYDNEY] Virgin Blue, Australia's No 2 airline, said it will start selling package holidays, including accommodation and ground transport, from next January through a new unit called Virgin Blue Holidays. Brisbane-based Virgin Blue, which was founded by UK billionaire Richard Branson and had
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        Lock icon Hijacking of Alitalia plane to Paris ends safely
        319 34 AP [PARIS] An Italian man with a history of mental illness threatened to blow up a flight as it headed to Paris from Italy on Wednesday with 57 passengers and seven crew members aboard, French police said. The man, identified as Stefano
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1932 34 an FLIGHT HA FLIGHT ETD SOUS IMS OfS 22S5 fiirlnrtr LM229 2245 LH7TI 1650 LN97&3 2350 SO 229 2245 *****71 **> LH97 2350 SO2007 1650 S026 2360 JS *2? 55 «s LH779 2359 Oft *25 *Z4579 2359 W 137 H I $***** 2359 SBI ***** 9,00
        1,932 words
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      646 26 I TOUSMCAMADA I I EXPORT I I OTHER DEBTINATIOH9 I wssa |¥W| W6 |tl> Swl 1006 OOUAS OMBIOO MOWS |OOCMO|«W TOM |[~1l TO AUSTRALIA IAUSIWAUA ASIA BCPWCaSI OOaMOU 45(40 24/11 177/11 I IVVJ 17/11 2V12 It/11 IVI? 71/11 vot I inSM I KG a, 'm —ct» I« 1 000. (AUFOOOA
      646 words
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      98 26 WORLDGATE EXPRESS LINES PTE LTD IN> Cnl Street, *16-03/04, Bank BuMhtg, S*potw *****6 Tel: *****911 Fax: *****073******63 Email: wgateOmbox2.singneLcocn.Bg WEBSITE: http J/www. wortdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS sowHASTm m TKTBBT M~] —mm ra «T~ ronmiiiG/MmiG mm hows mmc/owha oi/n fimiw nvi?~ MMvMmn oj/ji miik* W\i
      98 words
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      619 26 .Ikw&ierv^repmentodby lo a Singapore Shipping Associahon > >on (WMBS/ XOV/ CONVDmONALCAKGO HW WKT mwc/snarog/iMuyro t MMBCT VW CTAPKI. KTASIN ETA MAI JO Prism* iJh M K/12 *112 11/12 > T'« Lft> MK IMi Wit »tt Ul> HAUM-: SEKVHES SINUAFME Phtflr CX34 71®fc SX3NKH46 hi: CSS47M( St AM HAKT AUENCIES SDN
      619 words
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      1190 27 TO EUROPE FROM EUROPE Vtssa VOT SW CT m M» HMI MV SOD LEH VRSB WfMI WIW SHI UH Mil HI—MWMMOWT 02/12 14/17M/12 22/12 M/ 12 M/ 12 HMMNMM )WN/1I 11/11 13/11 «7/11 JO/11 mm 113W OS/12 25/12 27/12 21/12 MHKHON MSI 12/11 14/11 IS/11 17/1103/12 annoaes oomv 01/12 10/12
      1,190 words
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      1575 27 m b§ DIRECT CALL 10 r COUMBO 4 DAYS mau team m nmbon n *ii-n suis/mcs iftMMgM wut mmswi/m I COSTAR SNIPPING PTE LTD ovrwmo/u miww uuanm I a»IITWIfiS IH: 4114 Ittt UUMI MMMIB 0) MHS7U 47U5311/49 I BAM Aft AH AS 12 DATS T/SMPKT 4470SMS 47MSJ14/44 I jowrsoma cwvumwui
      1,575 words
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      585 27 rasa wrmsHiroiiHttSHAusiiwsiiK rasa wr si hkg m moiwm* *****/12 s/12 4/12 t/i? 12/12 iyi? »5/i? i«/i? acxuiac owi 30/11 4/12 4/12 UtTCUUAM 217M 11/12 12/12 OMU 14/12 lf/12 21/12 77/U 2S/12 AQSAtUtA WW 7/12 11/12 13/12 UT( H0W6K0W*****11 [17/12|11/12) lt/12 [22/12 |2S/12|27/12|21/12pi7i2| AO WOLET OSO« 14/12 11/12 20/1? rasa WIMBBffllMHIil
      585 words
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      1139 28 HMAT HYUNDAI MERCHANT MARINE CO., LTD. Wißipi|i: OMO. IM47HNNM |vcsa wt j»i sou ibi mi MB wmi I [wssa vot|so»|ibi|»i»|ant|im«|mv "W NTuratn itnT is/ii 17/11 11/11 u/u is/n nnan tox m/ii m/ii m/ii m/ii m/ii apictpmm iisw m/ii is/ii 1//11 14/11 tntun ton m/ii m/ii m/ii 17/11 aammma aim 14/11
      1,139 words
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      1315 28 WAN HAI IMS (S) PTE LID VT .A 1**22*1500 (MUMS) FAX: *******3 3 NO; **********01 W\WAN HAI LINES assaaaffissMsaM«:WHi«mHttiTOi»wnß*;«i)nfi«nHUkißiinnn«/n»ij«s ■•=<"nw"n«twini«iiwi«;7uai/7uw fumm www.w——..l—.»» HUL WM>4M—<—> ISiaMai lm wii g -w ~B7ir -inr r r- ?5 -SP*««ns MM awii I ovn «fli mm w\7 u/ti ii/n ivij Kmmtm na awn wn Wll
      1,315 words
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      623 28 m WgKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WES TERM ICO POINTS wr Ml MUN6 COUMMO M.aKm awg> MMWICM m Jtw M II IK HIH 17 IK mwaun nw 17 dk ami vm ihk nut USHKIB SCIHf WIK II IK IS IK II IK 71 IK TWBMNW
      623 words
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      880 29 IRISL, (tejtMdhmi&A&il Gsjifg)® («xfl tthip&ygih IMUU <sfi Ikxsftog (hx? (to dwlkiwdl ip&iwih} in Ikftsxa (sia woW (sw ite fa) U(h® ikisftegi} ifryimito Vfci)&> AGENT IN SINGAPORE AGENT M MALAYSIA AGENT M INDONESIA SMOSE MARITIME PTE LTD C* N**********00H BOUSTEAD SMPPMG AGENCIES SDN. BHD. PT. SMOSE CONTI PERSADA TEL: *****144 FAX:
      880 words
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      455 29 I UK CONTINENT SERVICE Loadng tor OUFIANIA SMILE RDM/ATW/BMN/UK/NAN HUA GUANG RDM/ATW/BMN/UK/NAN KOVDOR RDM/ATW/BMN/UK/NAN Loads Sngapore, EVW Mafayaa. Indonesa MIDDLE-EAST SERVICE Loading for HABIBE ANA HDO/JDH/DMT ANGELA HDO/JDH/AQA/DMT VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT LINDOS DBI/ABU/DOH/BRN/DMM/KWT STAR 2000 JDH/AOA toads Sngapore. E7W. Maiaysa. Indonesia USA SERVICE Loadng lor CHRISTOS CAM/NFK/SAV/NOL F>ONTOPORUS VCW/LAX/M7L BLUE
      455 words
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      1019 29 -ffia s®i m esi -*Bsa m MI A: j*j»m mm azu w/n amy znz a/n am WtMt M/ll nc—mi 9177 Dlnr~ S/i? H(Mt «M| 0?/l? _taLUU Z2ll OS/1? 07/17 mum WIM 03/1? 03/1? PMBNIAH 9170 00/12 11/1? mum W2H MZII os/n pkoahmi mi os/n PA( OANDA 0034H j_ 07/12 07/12
      1,019 words
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      505 30 Honiin Hamburg "072E" 03/12 19/12 31/12 ~02/0l 06/01 Honjin Homburq 072E" 03/12 06/01 OMIT 16/01 18/01 Washington Senator" 954E TO7T2 06/01 OMIT "WOT TS/OT Washington Senator 954E 10/12 26/12 02/01 03/01 Washington Senator" "?54E WT? 15/6 l 6MIT ***** ~WOT W6l Jaoan Senator 943E" ***** 26/12 ~Q270T~ WOT I Japon
      505 words
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      226 30 CWT GLOBELINK PTE LTD OWN Of FICtS IN TEL:*****833 (36 LIMES) FAX:*****742 at SYDNEY MELBOURNE PENANG PORT KELANG PASIR CUDANO KUCHING BANGKOK KARACHI BOMBAY NEW DELHI-COLOMBO-HO CHI MINH CITYHAIPHONGHANOI-BREMENHAMBURG-TIANJIN-QINGDAO-SHANGHAI XIAMEN FUZHOU DALIANXIANBEIJINGSHI JIA ZHUANG east mmtrmmmimm ALEXANDRIA/PORT SAID/ASHDOD/LIMASSOL/PIREAUS/THESSALONIKI/BEIRUT/AQABA/ISTANBUL/IZMIR wizsr imDimntiAimw mrnvrnt BARCELONA/GENOA/MARSEILLE/LA SPEZIA LISBON/LEIXOES cmrtiAL mmwm eimom VIENNA/PRAGUE/BUDAPEST NQixllt EUROPE
      226 words
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      71 30 O WINSTAR SHIPPING PTE LTD TEL (*****72 HUL ******07 a NO H527W0000C t Sdkfs WatWy (Maa Sat) 3 Sdkft Waatiy (Mm, Wad, hi) leaden (I Jur gag Port ladto| «t ContMwr Part Da« to Daar FCI/ICI/ ludajiaial K1 (mini!, Comwitionoi Gary Dnr to Dnr far aafwrin, ftmu td StSmUm M
      71 words
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      242 30 BSfl teA MYANMA FIVE STAR UNE i "Kiirc" vtssa vot sm pu pen pgu OW SHWI HAW S4W SU PAGAN V3OtW SIC M HAUTSUL OOUSTIAD SHIFTING AGCNCKS lUL 03-*****300 KL 03-Jl 7*4101 PIN; 04-2****** BANK LINE (A sarvict •< Aadrcw W«r SUpfiaf) NOKTHBOUND TO EUKOPt V CONIMNBt, MM, MftK t
      242 words
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      691 32 SHANGHAI EXP 034* 03 04/1? IH7/17 1711/17 I neainoa 03sn 04 07/17 ms/17 »?i/i? I lIGH SHAIK 034N 10-l 1/12 17 If/12 24 25/12 I TlG€t SKY 037* 13-14/12 2022/12 27 21/12 I SHAM6HAIHP 03W IHI/17 7174/1? 3141/01 I TifisSl 124 W027T2 6rTT7T? 2121/12 I MMKVa 344 05-04/12 1315/17 2J2V12
      691 words
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      874 32 IVESStINAM VOT SMGAPOH PORT IHANG CHITTAGONG NONGLA EU ITA mi FTA FTP Ml IT* PC LAM 09N039 SAT 31/11 61/17 61/17 66/12 11/17 ICMMM 07W175 SAT 36/11 67/17 67/12 67/17 16/17 17/12 14/12 OCNONOMI *****51 FM 66/17 67/17 67/17 11/17 OS/12 OdMMTT 04NQ55 TMU 17/17 13/17 13/17 17/17 21/17 IOCTIAI
      874 words
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      901 32 I t Inn ~i I JT* I 111 l I lIVICw ami' I j j j 1 C W qßoa mm. S ouni'ssM hjl owzmiS I aa rm 01/12 lew tm oi/n mm tw io/ii ouan m? m/u guong bod m/n wrn oswh rrn >i/n Icbwh mi 01/12 am mi
      901 words
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      245 32 WBBMHM BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI Ivtssa vorog n*siG*fott tumjKHi miA> OOSHW a/11/W 31/17/87 ItM LOMIWt KM Dtt/PWHJT M** SEA-PAC MANAGEMENT PIE. LID. 70 Arwon Rood #17-07/08 Ap*x Towar, Swgapait *****5 TaUphon*: 6270 0977 FacsimaU: 6275 2309 Tafex: RS ***** SUPAC DUCT SW NAMPO,
      245 words
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  • Page 33 Miscellaneous
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      141 33 Bar REGIONAL WEATHER TO M FOR 7AM 29 NOV 2002^^H^l~a^ \<^ \^U^\j ioiE nife i2pe 4 LEGEND: Issued by Meteorological Services Division, NEA K Thunderstorm A Showers Rain Temperature wind direction and speed in knots m Weather w Cloudy Day j m Sea Conditions Wind speed symbols < < t
      141 words
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