The Business Times, 21 December 2000

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Microfilm: NL22040
Total Pages: 44
1 44 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 028/12/2000 850 SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, DECEMBER 21, 2000
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  • Article
    Lock icon MARKET SUMMARY
    73 1 STI M2fc32 (-31.54) 800.46 (-11.40) ST INDEX FUTTJEES IJ33M (-37.00) SXMSCIFUTURES 25L40 (-5.62) STOCK MARKET INDICES Wednesday Change KLSE COMP ***** -535 NIKKEI 225 13,914.43 —-***** HANG SENG 1 <930.72—-***** SET INDEX 269.91 -1.18 JAKARTA COMP —414.87 191 MANILA COMP —1,447.65 +3336 TAIPEI WPI 4,947.89 -9236 SEOUL COMP
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  • Article
    Lock icon FINANCE
    73 1 FOREX BATES us$ s$ USS(S$perUS$) 1.736 £(US$/S$per£) 1.468 1546 FORO(US$/SS/Q 0.896 1.554 UM 1184 1159 YEN 1— 1119 65.10 RM 3.800 1190 HKS 7.800 4.496 BAHT 42.76 24.65 RUPTAH 9125 5117 PRIME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.50 MANILA 11.00 HONGKONG 8.50 TAIPEI 7.84 SYDNEY
    73 words
  • Article, Illustration
    Lock icon Remisiers hit hard by fee liberalisation
    858 1  -  liexclusive Their average monthly income has plunged to $2,000-$5,000 By David Boey [SINGAPORE] More remisiers have called it quits since commissions were fully liberalised on Oct 1. And those who have stayed have seen their pay packets slashed. The average monthly income for remisiers
    FILE PHOTO  -  858 words
  • Article
    Lock icon Amex Bank to close US citizens' accounts in S'pore
    683 1  -  -liexclusive Unclear if other US banks are doing likewise ahead of change in US tax regulations By I Serena Ng [SINGAPORE] American Express (Amex) Bank will be terminating the accounts of all its clients here who are US citizens or US
    683 words
  • Article, Illustration
    Lock icon Poh Lian to be taken over in US$385m deal
    582 1  -  It will then be tnrned into a major palp and paper group Byi Andrea Tan [SINGAPORE] Listed construction firm Poh Lian Holdings is to be transformed into a big league pulp and paper company under a reverse takeover by a consortium
    Compiled by BT  -  582 words
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      81 1 PfSTOE Top Stories S'pore-flagged ship fined USs2m in plea bargain. Shipping Tknmm Pgl Wearnes Int'l to buy SM Motors for $47.5 m. Pg 4 SNP sees profit rising 5 times in 5 years. Cosco Building to be sold for $40m. Pg 8 r Industrial property set for steady growth next
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      48 1 Property prices expected to Executive Suite, Pg 1 I.IAHJI. i,iu,*.J,,U. L I. I»U ,-J J l v> L -.IJ-JWI Jf 4%. f* I fJ (t\ f§ J* '"5 |4> £™i *?i f I j-Mt- -a i*'*- -I /f i) -&Jr fr. fjp **-b &%is reshuffle on ilse earo*
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      32 1 Singapore designs i Executive Suite. Pg 4 '.Wo«r BroUagflnuseen slashing bonuses, Pg 4 B V LG A R I -?3fefe v x*H -v 5%. li < ll InII i' M nI i II
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      18 1 KL govt buys back MAS stake at 120% premium Next P,ige Sweden's Cellmark on acquisition trail, Pg 4
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Hark the herald brokers sing
        94 2 HERE'S a Christmas carol for investors, courtesy of online newsletter The Daily Reckoning: "'Twas a time before Christmas and all through the land, people paused to reflect on the hour glass sand. It's been quite a year for the Nasdaq and Dow where hope springs
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      • Article
        Lock icon Chancellor 'Cash' Clinton
        133 2 WE hear President Bill Clinton may soon announce his plans after stepping down as the most powerful man in the world he is going to accept an invitation to be Chancellor of Oxford University. Early this year, a British newspaper said the US president was eager to
        133 words
    • Article, Illustration
      Lock icon KL govt buys back MAS stake at 120% premium
      516 2  -  Price for national airline works ont to RMB per share compared with market price of R8K3.62 From] Eddie Toh in Kuala Lumpur THE Malaysian government has thrown a lifeline to tycoon Tajudin Ramli of Malaysia Airlines by agreeing to pay a
      Source: Bloomberg; FILE PHOTO  -  516 words
    • Article, Illustration
      Lock icon Old-fashioned virtues for the New Economy
      646 2  -  I-\i comment TECHNOLOGY TOey are the best defence against scurrilous attacks kenneth james IN 1555, the seer Nostradamus predicted: "Come the millennium, month 12 in the home of the greatest power the village idiot will come forth to be acclaimed the leader." And if
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      39 3 In a dynamic knowledge-intensive environment, you cannot afford to keep things simple. That is why leading organisations are actively managing complexity to their advantage. Think Tools support our innate capabilities to deal with complexity and knowledge. www.thinktools.com Think Tools
      39 words
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  • SINGAPORE companies
    • Article
      Lock icon Wearnes Int'l to buy SM Motors for $47.5m
      422 4  -  Volvo cars will complement luxury Jaguar, Rolls Royce and Bentley ranges By' Teh Hooi Ling WEARNES International Ltd (WIL), which distributes Jaguar and Rolls-Royce cars here, is buying SM Motors Pte Ltd (SMM) for $47.5 million. WIL said wholly-owned subsidiary Wearnes Automotive
      422 words
    • COMPANY Briefs
      • Article
        Lock icon SembCorp unit wins $100m contract
        63 4 Reuters SEMBAWANG Marine Offshore Engineering has won a $100 million (US$57 million) contract from Vietsovpetro to build a water-injection platform for the White Tiger oilfield in Vietnam. The offshore contract, scheduled for completion in the first quarter 0f2002, is SembCorp Engineering's fourth from Vietsovpetro, a
        Reuters  -  63 words
      • Article
        Lock icon Nortel man joins Kep T&T board
        73 4 KEPPEL Telecommunications Transportation says Robert Bong joined its board yesterday. Mr Bong, 43, is vice-president and managing director of Nortel Networks Singapore, responsible for key customer accounts, business operations and the company's strategic direction in the Asia-Pacific region. Keppel T&T also announced the resignation
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    • Article, Illustration
      Lock icon Sweden's Cellmark on acquisition trail
      470 4  -  It wants companies in Asia, like Poh Lian; US; Europe By i Conrad Raj THE CELLMARK Group of Sweden, the world's largest player in the market of pulp and paper and the company involved in the acquisition of Poh Lian Holdings, is on an aggressive
      CHRIS LOH  -  470 words
    • Article
      Lock icon Broking firms expected to dish out smaller bonuses
      433 4  -  Dealers may see only average two months' pay compared to last year's 6-9 months By Serena Ng THE Christmas stocking for dealers will be a lot lighter this year with broking firms expected to slash bonuses after a year of shrinking commissions.
      433 words
    • Article
      Lock icon No place for analysts at small brokerages
      765 4  -  lock siew wong wei kong THE days of the local broking house analyst could be numbered. This may sound too radical for some, but looking at some of the developments taking place within the stockbroking industry, it may not be too far off
      765 words
    • Article, Illustration
      Lock icon SNP sees profit rising 5 times or more in 5 years
      575 7  -  Expansion plan includes major stores wHongangand East Coast area By David Boey PRINTING company SNP Corporation expects to raise its profits by at least five times in the next five years, Yeo Chee Tong. SNP's president and chief executive
      575 words
    • Article
      Lock icon Creative shares weighed down by warning
      346 7 Bloomberg SHARES of Creative Technology Ltd, the biggest maker of computer sound cards, fell as much as 7 per cent after the company lowered its fiscal second quarter revenue forecast on slower demand from PC makers. Warnings of weaker-than-expected sales from Creative's customers, such
      Bloomberg  -  346 words
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      169 4 MIRAGE^ Wine Cooler WN6S9RB Burgundy Colour Terms condMons apply With every purchase of a Mirage Win* Cooler Ofltor vaU M: 91 Januaqr 2001 WMi tioeka hat I Total Capacity: 173* No. of bottles: 41 x 0.756 Dimensions (mm): 525(W) x 560(D) x 1255(H) rS RINA (ELECTRICAL) PTE LTD 1, SCOTTS
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      35 4 I""- T*** |Wk.' i><V .fe'4 llg at your place or ours. Re-live The Yuletide Season At Prices and. food That Will Surprise. PROPERTIES f§* The Straits Times Classified. Classifications 402 568. k h Fmd 11
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      79 5 VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1755 m YVa* v^fr* W\ //Umm Separate hours, minutes and seconds. Dual time zone, adjustable by a push button at 10 o'clock. 31 day analog calendar. Sanded silver plated dial. Officer's case back. Available in yellow or white gold. *-lfli|P4ippiSPPS'*P* w >' f-1 The
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Fear of US slowdown leads to selling onslaught
      545 6  -  I =f I comment STOCKS r.sivanithy Disappointed the US Federal Reserve did not cut short-term interest rates, investors sold down Wall Street on Tuesday, leaving little chance for local stocks to enjoy any sort of recovery yesterday. A revenue warning by Creative
      545 words
    • Article, Illustration
      Lock icon Fed signal sends US$ reeling, North Asian units also hit
      367 6  -  I :i I comment CURRENCIES larry wee OVERNIGHT news that the Fed has clearly moved into easing mode to tackle a rapidly slowing economy did little to help US stocks, and this in turn hurt the US dollar and troubled
      Source: Reuters  -  367 words
    • Article
      Lock icon Untitled
      522 6 Stock* Volume PacificCenturylOc 38,177,000 PCI 25c 28,470,000 PohLian 10c 23,268,000 Gul Tech 20c 12,002,000 Chart Semiconductor 26c 11,808,000 Omni Ind 10c 8,590,000 MediaRing 10c 7,354,000 NatBroad 25c 6,650,000 GulT ech W*****7 6,579,000 OUB DB eCW*****3 6,470,000 Stock* DBS Grp 112,098,900 Chart Semiconductor 26c 61,884,368 VentureMfg25c 47,998,729 PCI 25c 38,208,514 DatacraftlOc
      522 words
    • Article, Illustration
      Lock icon Elec & Eltek may see further upside
      240 6  - Elec Eltek may see further upside HOT STOCK By\ Serena Ng THE stock of printed circuit board maker Elec Eltek has been range-bound for several weeks but has the potential to go higher. It finished eight US cents down yesterday at US$3.O4 on volume of 461,000. It has remained above
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    • Article
      Lock icon Market Notices
      123 6 SINGATRUST will hold its AGM and EGM on Dec 28 from 2.30pm at Orchard Hotel, 442 Orchard Road. ♦MPH general manager for support services Lim Bee Lay has resigned with effect from Dec 9. ♦Nat Steel will go ex-dividend (special dividend of 71 cents) on Jan 3. Last
      123 words
    • Article, Illustration
      Lock icon MMI warrant: worth a look as long-term buy
      199 6  -  WARRANT WATCH By R Sivanithy EARLIER this year, when retail investors were still active, computer firm MMI Holdings was one of the market's favourites. But after touching a high of $1.08 in February, it has been all downhill since. Nasdaq's collapse and
      199 words
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      486 6 WORLD SHIPHOLDING LTD. (Incorporated in the Republic of Liberia) UNCONDITIONAL CASH OFFERS FOR OSPREY MARITIME LIMITED (Incorporated in the Republic of Singapore) UNCONDITIONAL CASH OFFERS (THE "OFFERS") BY THE DEVELOPMENT BANK OF SINGAPORE ("DBS BANK"), FOR AND ON BEHALF OF WORLD SHIPHOLDING LTD. ("WSL" OR THE "OFFEROR"), TO ACQUIRE ALL
      486 words
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      45 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must iead the prospectus The value of the units and the income them may fall as well as rise S3 >1 iSBATJk
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      67 7 ■HHk a If only all your business partners were as flexible. <8» Samsonite rv -j--"" Mf <- 4 ag&gi jj j' iJliM'galß'fe 1 1-^-.mi.'yiVf^ftiSii'^T Announcing the newest Montblanc boutique (it Changi International Airport. See the Golden Dragon hunted edition pictured above, as well as our entire collection of writing instruments,
      67 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Cosco Building to be sold for $40m
      411 8  -  exclusive This is $23m lower than what current owner paid for the property 5 years ago By] Kalpana Rashiwala THE 16-storey Cosco Building in Robinson Road is to be sold for nearly $40 million, a whopping $23 million lower than what its owner
      FILE PHOTO  -  411 words
    • Article
      Lock icon Streats most popular among new dailies: poll
      403 8  -  It commands 16% of adult readership against Today's 10% By' Teh Hooi Ling THE new Singapore Press Holdings newspaper Streats is leading readership among the three newspapers launched this year, according to research outfit Optinium Media Direction (OMD). A survey carried out three
      403 words
    • Article
      Lock icon Industrial property set for steady growth next year
      468 8  -  Rents for high-tech parks will rise by 10%, says Colliers Byy Vince Chong THE industrial property sector is expected to see steady growth in both sales and leasing in the new year as knowl-edge-based manufacturing and high-tech industrial activities continue to surge.
      468 words
    • Article
      Lock icon Mitsui Chemicals to build 8b yen plant
      235 8  -  By. Eugene Low MITSUI Chemicals will boost manufacturing operations in Singapore by constructing an 8 billion yen (Ssl23 million) bisphenol-A (BPA) plant, its third such facility on Jurong Island. Construction will start next May and the plant is scheduled to be up and
      235 words
    • Article
      Lock icon S'pore Q4 growth to hit 10.2%: OUB
      356 8  -  on the economy outlook By\ Eugene Low THE Singapore economy is expected to expand 10.2 per' cent in the fourth quarter and 9.9 per cent in the full year, Overseas Union Bank says in a report. But OUB believes that as global output
      356 words
    • Article
      Lock icon 1551 service much better now
      240 8  -  MAILI.TTH Loo Peng Leong Chief executive officer i2u Pte Ltd Singapore, via Internet I REFER to my letter "i2u 1551 a budget service: Why?" and the reply by your reporter, Teh Hooi Ling (Mailbag, Dec 19). I thank Ms Teh for her keen interest in
      240 words
    • Article
      Lock icon Case all for SIA's ticket move
      197 8  -  Teo Ho Pin President Consumers Association of Singapore WE refer to the letter from Alvena Tan Jin Ling, "Case should join SIA-Natas fray", (Mailbag, Dec 18) and the confidence she has in Case to join in the SIA-Natas fray. In fact, Case had met
      197 words
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      194 8 I MBfefl I In your hands is our Christmas Card to you. This festive season, we, at HSBC, are not sending traditional Christmas cards. Instead, we are donating the money saved to those among us in society who are in need. $70,000 has been donated to the Singapore Children s
      194 words
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  • e-NEWS
    • Article, Illustration
      Lock icon Vodaphone buys 15% of JapanTel for 250b yen
      323 9 TOKYO It says it is interested in raising its stake if an opportunity arises Reuters BRITAIN'S Vodafone Group pic will pay 249.2 billion yen (Ss3.B billion) for 15 per cent of Japan Telecom, the country's third largest telecoms carrier, and declared an
      Reuters; AP  -  323 words
    • Article
      Lock icon Microsoft plans cost cuts, but higher pay
      240 9 SEATTLE Reuters WITH profits falling short of expectations and its stock trading at a two-year low, Microsoft Corp plans to slash spending and boost pay to keep its workers happy, chief executive Steve Ballmer told employees in a recent memo. The software giant
      Reuters  -  240 words
    • Article
      Lock icon Open up AOL messaging system: Gates
      328 9 WASHINGTON Microsoft chief tells FCC IM's potential hinges on openness, interoperability Reuters MICROSOFT Corp chairman Bill Gates, who condemned the government's anti-trust suit aimed at opening his Windows software to competition, has now turned to the same government for help in opening up America
      Reuters  -  328 words
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      34 9 ;3j Rockport Boutique Basement 1, Great World City Royal Sporting House Stores: Stadium, Ngee Ann City Lucky Plaza Marina Square Orchard Shopping oentre Shaw Centre Suntec City Mall Tanglin Mall Reebok Concept Store: Centrepoint
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      141 9 ft < I P pk\A V iw. A ,V x \1 FORTIS SPACEMATIC ECO THE ADVANTAGES OF THE AUTOMATIC WINDING FOR A MECHANICAL MOVEMENT COMBINED WITH THE PRECISION OF THE OUARZ CONTROL A FORWARD-LOOKING SYMBIOSIS. IT TRANSFORMS KINETIC ENERGY ON THE WRIST OF THE PERSON WEARING THE WATCH INTO ELECTRICAL
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Will Bush's team be up to the challenge?
      732 10  -  rrra bottom line OPINION thomas friedman NYT WATCHING George WBush nominating Colin Powell for secretary of state, I had mixed feelings. One was relief: Powell's answers to questions demonstrated a sharp and intuitive grasp of global issues. My other feeling, though, was:
      NYT  -  732 words
    • Article
      Lock icon IN OTHER WORDS
      121 10 'One thing you may have noticed in the past few weeks: they did not give many speeches, did they? And, interestingly, the euro rebounded.' .H^sdrnfedb* a European economist, on the European Central Bank assuming a lower profile, more like those of other central banks. 'It's very hard
      121 words
    • Article
      Lock icon Greenspan's biggest worry
      645 10 EDITORIAL THE evidence is that the US economy is slowing down fast and Alan Greenspan is worried He is worried enough to have told US banks a fortnight ago that they must not get so overly cautious that they stop lending altogether. And he was concerned enough
      645 words
    • Article, Illustration
      Lock icon Getting Main St and Wall St bach in sync
      1068 10  -  An even-odds perpetuation of the Clinton economic prosperity is a realistic optimistic forecast By] Paul Samuelson LATWP WHEN America began the new millennium, all looked well. Except for the contagious but false fear that computers might malfunction at midnight New Year's
      LATWP; REUTERS  -  1,068 words
    • Article, Illustration
      Lock icon A wasted opportunity in Aceh
      761 10 COMMENTARY 6ns Dor's visit could have achieved mnch, but left things more confused instead The Jakarta Post PRESIDENT Abdurrahman Wahid's jokes may have broken the ice and tension in Aceh during his meeting with a group of about 500 carefully screened people at Baiturrahman Mosque
      The Jakarta Post; AFP  -  761 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Another Indon cabinet reshuffle by Gus Dur on the cards
      698 11  -  Aim is to deflect criticism against his administration, streamline economics portfolio From Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid may once again shuffle his economic ministers in January in an attempt to deflect growing criticism levelled against his administration
      698 words
    • Article
      Lock icon Tilting train, not high speed, to link KL, S'pore
      108 11 AFX-Asia [KUALA LUMPUR] The government has decided to implement the tilting train project to link Kuala Lumpur and Singapore instead of a high speed train project proposed earlier, Bernama news agency quoted Transport Minister Ling Liong Sik as saying. Mr Ling
      AFX-Asia  -  108 words
    • Article, Illustration
      Lock icon New M'sian chief justice vows to lift judiciary's image
      245 11 KUALA LUMPUR AFP MALAYSIA'S new top judge was sworn in yesterday and admitted that the judiciary's public image was "very low". Mohamed Dzaiddin Abdullah said his first task as chief justice would be to "put our house in order". Malaysia's judiciary
      AFP; NST  -  245 words
    • Article
      Lock icon Bondholders approve TRI revamp plan
      291 11  -  But USs37sm bond move still needs shareholders' nod From. Diana Oon Abdullah in Kuala Lumpur CREDITORS of Technology Resources Industries, Malaysia's largest cellular phone company, yesterday agreed to the group's proposed restructuring of US$375 million (Ss6so million) bonds. The scheme still requires shareholder approval, as
      291 words
    • Article
      Lock icon S'pore is top buyer of HK property
      534 12  -  6IC leads charge, with HKs2.B9b investment in 3 office and residential properties: FPDSavills From. Audrey Tan in Hongkong SINGAPORE has emerged as the single largest investor in Hongkong investment property after the economic crisis, with Government of Singapore Corporation (GIC) leading the charge.
      534 words
    • Article, Illustration
      Lock icon Estrada trial: bank records to be released
      532 12 MANILA Bnt prosecutors claim that bank documents seem to have been altered Reuters THE Philippine Senate trying impeached President Joseph Estrada on corruption charges ordered crucial bank records opened yesterday but the prosecution immediately said the documents appeared to have been doctored. Chief
      Reuters; AFP  -  532 words
    • Article
      Lock icon Ibra sells US$800m loans to investors
      305 12 JAKARTA Bloomberg INDONESIA'S bank rescue agency sold US$BOO million (Ssl.4 billion) in restructured loans to a group of investors including Bank of America Corp, Credit Suisse Group, Deutsche Bank and Lehman Brothers Holdings. Investors paid an average 50.4 per cent of the outstanding balances
      Bloomberg  -  305 words
    • Article
      Lock icon Ibra sells Aetna Life slake for 12b rupiah
      233 12 JAKARTA Bloomberg, AFX-Asia INDONESIA'S bank rescue agency has sold its stake in PT Aetna Life Indonesia to PT ING Insurance Indonesia for 12.4 billion rupiah (552.3 million). The stake was pledged to the Indonesian Bank Restructuring Agency (Ibra) by Usman Admadjaja, the
      Bloomberg,; AFX-Asia  -  233 words
    • Article, Illustration
      Lock icon Jiang tells Macau to curb anti-China activities
      400 13 MACAU He also says Bering won't intervene in the daily running of the former colony AFP CHINESE President Jiang Zemin said yesterday Macau's rulers should stamp out any anti-China activities, in a speech marking the first anniversary of the enclave's return to Beijing's
      AFP; AP  -  400 words
    • Article
      Lock icon Hang Seng seen hitting 18,000 points by end-2001
      357 13 HONGKONG Likelihood of Fed rate cats expected to benefit HE stocks AFX-Asia THE Hang Seng Index is likely to hit 18,000 points by the end of 2001 amid the likelihood of US interest rate cuts during the year, ING Barings chief Asian
      AFX-Asia  -  357 words
    • Article
      Lock icon TSMC to cut output in Q1 amid softer market
      262 13 HSINCHU, Taiwan It expects slowdown in chip orders after record year in 2000 Bloomberg TAIWAN Semiconductor Manufacturing Co (TSMC), the world's largest made-to-order chip company, said it will cut production in the first quarter next year as demand for chips wanes.
      Bloomberg  -  262 words
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      20 11 Wiuuui WAP w&L 'Ml.. Sim P«y 10 9 on to asiaone.com today and you could fly away dWdone« c oivt
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      44 11 You never <Wj^s^ actually own a Patek Philippe. You merely look after it for the next generation Complicated by Patek Philippe <UM(liarfiSvitUT(im<Gfy£uC> fli^fTfrAWß&Bj o*y*X- X->< »*-?>►'• -f^i*--f -'J (f 7 K 6 Scotts Road, Scotts Shopping Centre 01 09, Singapore *****9. Tel: *****08. Fax *****00.
      44 words
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      140 13 Nescafe V V agS jJjSnßjJPp^* c %/tT tuhdtjou Jlsire TT; /'.r.'';; j'njcru *5S r IW*-" .-•.t-cericnet. Airlines |j| da nc* mUS C 'heatre Now you can enjoy as much entertainment up above as you can down below. Our new Airbus A 330 and A 340 aircraft fly from Singapore to
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  • WORLD news
    • Article, Illustration
      Lock icon Fed sees economic weakness as main threat
      955 14 NEW YORK Investors show displeasure by dumping stocks as Fed holds rates steady and changes bias; Do w drops 61 points, Nasdaq loses 113 points NYT, Reuters, LATWP THE Federal Reserve said on Tuesday that economic weakness had replaced inflation as the chief
      NYT,; Reuters,; LATWP; FILE PHOTO  -  955 words
    • Article
      Lock icon O'Neill is next US Treasury secretary, say parly sources
      260 14 AUSTIN Reuters, Bloomberg REPUBLICAN sources said yesterday that Alcoa chairman Paul O'Neill has been chosen by President-elect George W Bush for the crucial position of US Treasury secretary. Mr O'Neill, 65, worked with the White House Office of Management and Budget
      Reuters,; Bloomberg  -  260 words
    • Article
      Lock icon Bank lending hits record US$2t
      444 14 LONDON BOA is top global arranger of loans with 13.7% share Bloomberg BANK lending this year topped US$2 trillion (553.5 trillion) for the first time as banks extended record amouhts to telephone companies to pay for mobile phone licences and acquisitions. Bank of America unseated
      Bloomberg  -  444 words
    • Article
      Lock icon Diageo, Pernod to buy Seagram liquor unit for US$8.15b
      290 14 LONDON Bloomberg DIAGEO pic and Pernod Ricard SA, the biggest liquor company and its fifth-ranked rival, agreed to buy Vivendi Universal SA's Seagram drinks unit for US$B.l5 billion (5514.2 billion) in cash, topping a competing bid for the No 3 distiller.
      Bloomberg  -  290 words
    • Article
      Lock icon Jury orders Exxon to pay US$33.5b on fraud claims
      531 16 MONTGOMERY, Alabama Exxon, charged with defrauding state of royalties, will challenge verdict Bloomberg AN Alabama jury has ordered Exxon Mobil Corp to pay US$3.5 billion (Ss6.l billion) for defrauding the state of royalties from natural gas wells in state waters. It
      Bloomberg  -  531 words
    • Article
      Lock icon Morgan Stanley, Goldman post lower Q4 earnings
      394 16 NEW YORK NYT TWO of the largest US investment banks on Tuesday attributed a decline in their fourth-quarter earnings to the slumping financial markets. Though Morgan Stanley Dean Witter Co and Goldman Sachs Group are close rivals and each reported lower earnings compared
      NYT  -  394 words
    • Article, Illustration
      Lock icon UK Parliament gives nod to human embryo cloning
      353 16 LONDON Relaxed roles expected to. revolutionise medical treatment AP BRITISH lawmakers have voted to relax the rules governing the types of medical research that may be done on human embryos, rejecting opponents' claims that the move is a step toward permitting the
      AP; AFP  -  353 words
    • Article
      Lock icon Orange to vet analysts' reports
      287 16 m PARIS FT INDEPENDENT analysts covering the flotation of Orange, Europe's largest new listing, will have to submit their research for vetting if they wish to receive financial information from the company. Almost all the analysts have agreed to the demand. They fear they will
      FT  -  287 words
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      924 15 Wm^ ry i ;w- «^v. T^ v <£&' f ■■wfe "L r <"\ -0 c£fr,pq€£ «#=> \-*A3& c? ctf& y <p? J -.cab* o>-4 u >- ,qCOA rCSS jJ \o cA^-° BMwßlasjlg'- -c. r Vv -oA *«-> 9? y j ><0 vA r U C&&*' o >>• *rtfc a J
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      2283 16 NOTICES T° advertise call toll-free 1800-741 1883 Fax No: 741 1298 111 -t THE COMPANIES ACT, CHAPTER 50 Section 290(2Hb) NOTICE OF RESOLUTION CST LODE PTE LTD (In Mtmbtn' Voluntary Lk|uidoHofl) At an Extraordinary General Meeting of CST LODE PTE LTD held at 460 Alexandra Road •32-03 PSA Building Singapore
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      353 16 THE COMPANIES ACT, CHAPTER SO Section 290(2)(b) NOTICE OF RESOLUTION GRAZ PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of GRAZ PTE LTD held at 460 Alexandra Rood *32-03 PSA Building Singapore *****3 on the 13th day of December 2000. the following special resolutions were duly passed
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      200 16 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF 1) BESTWELL MARKETING PTE LTD 2) UNIVERSAL PRESS ASIA PTE LTD 3) GL EX-IMP PTE LTD 4) LEIRA TRADING PTE LTD 5) FUNGLIM INVESTMENT (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE
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  • FINANCE & commodities
    • Article
      Lock icon Futures skid on negative news
      289 17  -  S6X Derivatives Tmdln&Report ST Index/MSCI S'pore Index Lau Chee Keong Refco Singapore THE Singapore stock market. slumped yesterday, led by technology stocks after the Nasdaq and the broader S&P's 500 index fell overnight. A profit warning by Creative Technology eroded the market sentiment further. The
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    • Article
      Lock icon Lower Nasdaq drags futures down
      236 17  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore THE MSCI Taiwan stock market yesterday fell again after the Nasdaq tumbled more than 4 per cent overnight, despite the Federal Reserve keeping interest rates unchanged. The MSCI Taiwan index closed down 3.87 points or 1.66 per
      236 words
    • Article
      Lock icon Oil trades at 8-month lows
      164 17 ENERGY REPORT Reuters [LONDON! Oil traded at eight-month lows yesterday as another bout of nerves among dealers surveying a build ill global inventories sent prices plummeting. London Brent futures for February slipped 50 US cents to U5524.50 a barrel after losing US$l.24 on Tuesday. February
      Reuters  -  164 words
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      Lock icon CURRENCY REPORT
      350 17 Reuters London THE euro leapt against a broadly weaker dollar yesterday as the risks to US growth, flagged a day ago by the Federal Reserve, lifted it past peaks set in September after intervention by the Group of Seven nations. The single currency also hit five-month highs against
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      1258 17 ntTERBAWt CROSS RATES 2 Dec2 A$ C$ Kwfc Euro Ffr Dm HK$ Ind 8s Bnpiah Yen Won BM WZ$ Pifc Bs Peso S$ R«nd Sfr MT$ Batrt Pound US$ Australia 0.832 4.537 0.611 4.005 1.194 4.265 25.520 50.438 0.617 6.657 2.078 1.262 31.766 27.392 0.949 4.206 0.922 18.114 23.382 0.373
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      1971 17 s v M A r-u.j-rnh.Lrr. Mm jpriQflfMit" -T SICOM FUTURES Dec 20 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume Open Month High Low Sett (tonnes) mtfftst Jan 01 105.75 Feb 01 W7.25 50 Mar 01 W9.50 1600 Apr/Jun 01 113.25 113.25 112.25 300 300 RSS 3
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng Index down on follow-through selling
      2884 18 HONGKONG AFP CI Hang Seng -257.32 HONGKONG share prices fell 1.7 per cent yesterday led by telecoms after Nasdaq's overnight drop, dealers said. The key Hang Seng Index lost 257.32 points to close at 14,930.72, off a high of 15,048.51 and a low
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      Lock icon Nikkei slides after Fed leaves rates unchanged
      2086 18 TOKYO AFP Qlflkkci22s -WM TOKYO share prices tumbled below 14,000 points to their lowest close in 22 months yesterday, after a decision by the US Federal Reserve to leave interest rates unchanged depressed Wall Street. The Tokyo Stock Exchange's Nikkei--225 average lost 217.94
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      Lock icon CHINA
      1074 18 Reuters Shenzhen Blades *2.77 CHINA'S B shares extended morning gains to finish higher yesterday, but are expected to move narrowly for the rest of the week due to a lack of market as the year winds down, traders said. "B shares will probably move up a little and then
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,074 words
    • Article
      Lock icon TAIPEI
      386 18 AFP QWP Index -9136 TAIWAN share prices closed 1.8 per cent lower yesterday to breach the support level of 5,000 points following further losses on the Nasdaq, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 92.36 points to 4,947.89, on turnover of NT526.23 billion. Decliners led advancers
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL stocks follow Wall St to end lower
      427 19 AFP |3 Composite Index -&35 MALAYSIAN shares closed 0.8 per cent lower yesterday, in sympathy with Wall Street's disappointment at the Fed's decision to leave US interest rates unchanged. The Kuala Lumpur Stock Exchange Composite Index ended down 5.35 points at 705.51.
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      9005 19 INDUSTRIALS Commit pw<Kti 2000 Last Vol Oi* N«t Cap Hlqti Low Company Salo 'OOP HMi Low PH $<nH 420 310 AJinomoto 310 170 '1|'£ 158 39 Angkasa 39 unch 25 39 39 57.5 670 290 Apollo Food Hlq 320 -40 5 330 320 7.0 128.0 630 330 Asia File 336
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  • SGX clob & regional stocks
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      2803 20 BONDS A WARRANTS d^O m mm> PnW u*n 32-laak Lwt M k| ImMmK tot kaaad Urn tm Mk Mto L— Cafaay «ar- C—0) W» La. Tar «a— WW (■—»> 8«a M» WW 8M*g UK 51.5 3 Acma W*****4 5 3 3.5 3 41.0 1 300 296 18.40 7 27 2.5
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      Lock icon SEOUL
      312 20 AFP nOwmwatelndßi -1&59 SOUTH Korean shares fell 3.3 per cent yesterday with the index down 16.50 points at 514.21. Volume was 302 million shares worth 1.6 trillion won. —AFP Ox 10 Ww AnamSeml 3200 -370 Brain Tech 495 -20 Central Bank 170 0 Chell Comm ***** -2500 Da* Go
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    • Article
      Lock icon MANILA
      289 20 AFP Composite Index +33.66 PHILIPPINE share prices closed 2.4 per cent higher yesterday with the Composite Index up 33.66 points to end at 1,447.65. Volume was 421.77 million shares worth 2.89 billion pesos from Tuesday's 155.27 million shares valued at 2.7 billion pesos. —AFP Dec 20 fwo COOP) Abacus
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      Lock icon WELLINGTON
      259 20 AFP HIgSE-40 *141 TELECOM Corp led New Zealand's stock market in quiet trade yesterday, following the government's release of a toned-down set of changes to the telecommunications industry. The NZSE-40 index rose 9.41 points to 1,929.67 on turnover of NZ$B6.5 million. 0x20 m cooo) Advantaga MOS 1.25 -0.01 36
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      Lock icon SYDNEY
      558 20 AFP Q All Ordinaries -12L90 AUSTRALIAN share prices lost 0.4 per cent yesterday, reacting to a volatile session on Wall Street overnight, which was rattled by the US Federal Reserve's failure to deliver an interest rate cut. The All Ordinaries index dropped 12.9 points to 3,190.9 with the SP/ASX
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      Lock icon BANGKOK
      745 20 AFP n SET fatal -LIB THAI share prices fell 0.4 per cent yesterday in light and range-bound trade amid a lack of factors to lead the market, analysts said. The Stock Exchange of Thailand (SET) Composite Index lost 1.18 points to finish at 269.91 points, and the SET 50
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      Lock icon JAKARTA
      739 20 AFP D Compost* Index -3JI INDONESIAN share prices closed 0.9 per cent lower yesterday led by heavy profittaking in cigarette stocks with few incentives ahead of the year-end holidays, dealers said. The Composite Index closed down 3.91 points at 414.87 on a volume of 268.1 million shares valued at
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  • STOCKS sgx
    • Article
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      10053 21 SGX MAXNBO ARD Transaction date: Dec 20 Cr Cr M m 52-Wk Last Vol Day Last Quote Div Div YM Nat Cap Avg High Low Company Sate COOP) High Low Buyar Stllar C'vr P/E Smll Price MULTI-INDUSTRY 163 75 m c Ac ma 50c 77 -I 21 77 76.5 76
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Women with heart trouble fare better without men
      285 22 Reuters COMMON sense says a bad marriage can lead to heartbreak. Swedish researchers said on Tuesday that women with heart disease triple their risk of recurrent heart trouble when they are in stressful relationships. While a stressful job has been found to
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    • Article, Illustration
      Lock icon Mmm???? Five cups audit doubles risk of miscarriage
      208 22 Xinhua Scientists on Tuesday urged pregnant women not to drink too much coffee because they found that five cups of coffee per day more than double a pregnant woman's risk of miscarriage. In the latest issue of the New England Journal of
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      356 22 projecteyeball. I If there is one date in the calendar 1 whenmslwuldlie seen ls the right 1 place, if s New Year's Eve. I Get your year-end party right and good clubbing karma will follow in 2001. Eyeball recommends that you spend the last days of the year at Insomnia,
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      16 22 HOME NEEDS^ The Straits Times Classified. Icatal Classifications 90 120. Buy h. sd h. Find h.
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  • Page 23 Advertisements
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      482 23 Where to wine, dine and iaMi^ ANEW CONCEPT IN LEISURE DINING International Fare Weekdays f Buffet Lunch $21.80 (Adult) $12.80 (Child) Buffet Dinner $25.80 (Adult) $15.80 (Child) Weekends Buffet Dinner (Fridays to Sundays) $27.80 (Adult) $16.80 (Child) High Tea $19 80 (Adult) $12.80 (Child) All prices quoted are subject to
      482 words
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      115 23 J Fridays and Saturdays from 7pm to 11pm Sundays from 6pm Happy Hour from spm to 7pm Two selected drinks for the price of one. Light dishes from $10 50 and I /""N Wine by the glass from $8 50 I J The Promenade 1111 l (|K.\\P U M*: I
      115 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      776 23 TVf-lTTS '.ui.mf.Tn—rmit, nl 6.00 Wheel Of Fortune. Fragile Seas. 1130 AM In Conversation 11 Ii*tTi fK13—... &30 The Price Is Right. 630 Seri Ramadhan. (R). 9.00 AM Kids Central: Ses- 7.00 Honey I Shrunk The 7.00 Fikir-Fikir. LOO Headlines. ame Street. Kids. 7.30 Tirai: Ikatan Suci. L02 Business Tonight. ioIm
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    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 2
      325 23 CRYPTIC CROSSWORD ACROSS 7 Fellow coping with rough treat--1 Charming lady, good at spelling en (11) 8 In position of supposed supen--9 Early bird? (4) ority at base of column (2,1,8) 10 Probe and find out why I 12 Remain in contact by post or reached entrance wearing an ®Y®
      325 words
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      60 24 J *k M r/') 'f There's always something in our Home pages for you to chew ;< JBF M Edited by Warren Fernandez, *r Jit who does not let go once he sinks e P his teeth into exciting news. In one of our five handy sections. iff k, *X
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Another lacklustre year ahead
      961 25  -  Property consultants expect prices to fall by another 5-10 per cent in the Ist half of next year, reports ANDREA TAN ANDREA TAN THE lacklustre mood clouding the property market will extend into the new year as property consultants expect prices to drop 5-10 per cent
      961 words
    • PROPERTY
      • Article, Illustration
        Lock icon Leasehold lure for upgraders
        730 26  -  Over 50% ex-HDB owners choose 99-yr properties, says MABIBBA CHEW MARISSA CHEW HDB upgraders flocked to affordable leasehold homes in the first 10 months of the year, favouring those in the East Coast and northwest areas, a report by Realink shows. Buyers with HDB addresses purchased
        730 words
      • Article, Illustration
        Lock icon EC sector: a niche market with good long term potential
        654 26  -  Values will rise in 10 years' time when ECs are privatised By Ong Teck Hui The writer is senior director, Consultancy Research, Knight Frank Pte Ltd EXECUTIVE condominiums, introduced in 1996 as a sandwich market between HDB resale flats and
        FILE PHOTOS OF RIVERVALE (TOP) AND SCALE MODEL OF NORTHOAKS UNITS (RIGHT)  -  654 words
    • LEGAL MATTERS
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        Lock icon Eye say, have you paid your dues?
        1160 27  -  Liabilities ranging from stamp duty to property tax are all part and parcel of owning real estate. CHAN CHEN YEB outlines some of them CHAN CHEN YEE The writer is a partner at Drew Napier THERE are some tax liabilities associated with the
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      • Article
        Lock icon Untitled
        483 27 New homes for sale DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE (sq ft) LAUNCHED UNITS SOLD ($paf) Queens Allgreen Prop 3 Stirling Rd 914-2,723 536 289 760 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 *408 950 99-yr Caribbean at Keppel Bay Keppel Land 4 Keppel
        483 words
    • BY DESIGN
      • Article, Illustration
        Lock icon Coming into one's own
        1489 28  -  From the early identity crisis of early '80s, S'pore architects have evolved into present-day professionals comfortable with the West as well as their own culture. VDICE CHOMG talks to Robert Powell who examines globalisation effects on S'pore architectural design in his new book VINCE CHONG Architect,
        CHRIS LOH; ILLUSTRATIONS TAKEN FROM 'SINGAPORE: ARCHITECTURE OF A GLOBAL CITY' BY ROBERT POWELL FOR THE ESPLANADE — THEATRES ON THE BAY. COURTESY OF DP ARCHITECTS FOR SINGAPORE NATIONAL LIBRARY BOARD BUILDING. COURTESY OFT R HAMZAH AND YEANG SDN BHD AND NATIONAL LIBARY BOARD  -  1,489 words
    • HOME RENOVATION
      • Article, Illustration
        Lock icon Who do you call for home renovation?
        862 30  -  Engaging an architect is only the first step as you also need to know your own role and responsibilities. RICHARD BO offers some pointers RICHARD HO House renovation is a costly affair. To prev e n t any necessary disputes, it is important
        AFP  -  862 words
      • Article
        Lock icon Untitled
        597 30 BANKS/FINANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR MO YEAR 11-36 ABN-AMRO Bank (max of 30 yrs) 3.2500 4.0000 4.7500 4.7500 4.7500 4.7500 4.7500 DBS ComDleted DroDerties 2.7500 3.9000 5.0000 5.0000 5.0000 5.7500 5.7500 under construction 2.7500 3.9000 5.0000 5.0000 5.0000 5.7500 5.7500 Hong Leong
        597 words
    • OVERSEAS PROPERTY
      • Article, Illustration
        Lock icon Room for growth in India hotel market
        901 31  -  The land of the Taj Mahal is generating USs2.9b in tourism revenue with an additional USs7oom seen pouring into the hotel sector in the next few years. VOICE CHONG finds out more from a Jones Lang Lasalle report VINCE CHONG THERE are just
        901 words
    • HOUSE hunt
      • Article, Illustration
        Lock icon Home from the madding crowd
        457 32  -  One gets to be close to nature in Le Wood which boasts views of Bukit Timah Nature Reserve in some units. VXHCE CHONG gets drawn in VINCE CHONG NESTLED snugly next to the Bukit Timah Nature Reserve, Le Wood offers a tranquil and scenic environment
        PHOTOS BY ARTHUR LEE  -  457 words
      • Article
        Lock icon Property transactions for districts 16,17 and 18 lodged between Nov 14 and Dec 18.
        1446 32 PROJECT NAME/ PROP C0W1BACT TENURE BUtf-W/ PWCE PSF STREET NAME TYPE OATE (SO FT) (S$000) (S$) District 16 Nw4nM Aquarius By The Park Apt 21/11 AX) 99 1206 656 544 Aquarius By The Park Apt 22/11
        1,446 words
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  • Page 26 Advertisements
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      56 26 yA ■HW" The Professional Home %gt Inspection Company AaMricao Hawktya Inspection System Engaging a Professional Home Inspection Company to inspect a home before putting it up for sale, or to inspect it prior to purchase agreement is commonly practised in developed countries are we missing out on something beneficial to
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      Lock icon Page 26 Advertisements Column 2
      12 26 Sporting goods. Or sports instruction. Check them out in Lianhe Zaobao Classified.
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  • Page 31 Advertisements
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      9 31 Wake#* p Start your job search early. Read K
      9 words
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      Lock icon Page 31 Advertisements Column 2
      32 31 FOR SALE BY TENDER Land Area: 4141.1 SqM (44,574.4 Sq Ft) Zoning: Mixed Landed Development Suitable for cluster housing development Very rare.near Newton/Novena/Good School/Private Clubs TENDER CLOSING: 18 JAN 01 (THUR). 4PM
      32 words
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      Lock icon Page 31 Advertisements Column 3
      36 31 Car Showroom for Sale Übi Road 4 Car showroom with ancillary' office Double frontage HDB 30 years wef Ist Dec 1993 Land area: 35,011 sq ft Total floor area: 35,204 sq ft Debenham g ■■Tie Leung
      36 words
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      Lock icon Page 31 Advertisements Column 4
      75 31 «n PRIME FREEHOLD SITE r WITH SEA VIEW FOR SALE BY PRIVATE TREATY Land Area 17.747.8 sqm (191,036 sqft) Planning Residential Zone, 2.1 PR —s'*\tz£ up to 20 Storeys t 10 mins drive to city via ECP/Nicoll r Highway. Situated near to good schools, ie. Tao Nan, CHIJ, St. Patrick,
      75 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      290 33 Reuters THE panamax market received a boost on Tuesday, with increased fixtures, good rates and a bullish attitude among panamax owners giving most players a reason for ♦Bulk Prosperous 1990 *****8 dwt 13.5 on 41.5 2.5 dely Rotterdam 27 Dec/5 Jan trip via Baltimore redel Money Point approx
      Reuters  -  290 words
    • Article
      Lock icon MARITIME STOCKS
      291 33 SOX 'OOP Dk20 w CWT Distribution 0.61 unch 0 Chuan Hup 0.36 -0.01 1144 Cosco Investment 0.16 unch 60 Freight Links an "002 46 GB Holdings 0.4® unch 0 Hal Sun Hup 0.24 unch 155 IMC HoKflngs-HK —5.60 unch 0 Jay* Holdings 0.15 -0.01 172 KeppelCorp 3.36 -0.02
      291 words
    • Article, Illustration
      Lock icon S'pore-flagged ship fined US$2m in plea bargain
      699 33  -  ULi exclusive NEPTUNE DORADO SAO A Vessel tojoin compliance plan; capt released on 3 years' probation By Donald Urquhart [SINGAPORE] The managers of the Singapore-flagged Neptune Dorado are to pay a US$2 million (553.46 million) fine as part of a settlement it reached
      699 words
    • Article
      Lock icon Slow-moving IACS faces radical changes
      772 33  -  STRAIT TALK By\ Seafarer TIT has not been a year that will leave classification society folk with fond memories. The year 2000 started with a disaster, the sinking of the Erika, and then got worse. It has ended with the final bitter scene in the
      772 words
    • Article
      Lock icon M-E bunker charges down
      86 33 [LODNON] Three liner conferences, the Jeddah Services Group, Aqaba Rate Agreement and Europe Middle East Rate Agreement, have all decided to cut their bunker adjustment factors. Charges on all three conferences' routes will drop to US$45 (5577.85) per TEU from Jan 1 in the wake of
      86 words
    • Article
      Lock icon Global ship orders forecast to rise 40%
      306 33 Prices to rise 20% this yean Japanese shipbuilders Bloomberg [TOKYO] Worldwide ship orders should rise more than 40 per cent this year to about 40 million gross tons, with prices as much as 20 per cent higher, as shipbuilders benefit from increased demand
      Bloomberg  -  306 words
    • AIRBUS superjumbo
      • Article, Illustration
        Lock icon Trade storm a-brewing
        866 34 European Commission threatens countersuit over Boeing if US complains to WTO about supeijumbo AP [PARIS] AIRBUS Industrie's project to build the world's largest passenger jet took off on Tuesday into the unfriendly skies of a looming trans-Atlantic trade storm. With 50 orders for the aircraft in hand,
        AP  -  866 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      170 34 PAGE It Accord 6 Appenship 5 Assets 7 Austral 6 Balaji Shpg 5 BSA 7 B'tanq Mas 6 CCNI 7 CMACGM 3 COSCO 5 CSAV 3 Central Ex 6 Cho Yang 5 China Shpg 5 Cougar 7 ft CWT Globelink 7 Delmas A Djak Lloyd 6 Dongnama
      170 words
    • Article
      Lock icon SHIPPING GUIDE
      13699 40 THEBUSINESSTIMES EXPORT THURSDAY, DECE ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/01 06/02 Detmas VILLE OE MIMOSA V41W 65-*****44 03/01 17/02 COSCO EMPRESS PHOENIX 0097W 65-*****00 09/01 13/02 Delmas VILLE DE TANYA T4IW 65-*****44 10/01 17/02 COSCO
      13,699 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        743 42 Vessel Voy No Berth Arrival Departure Bt Rahmat 5 ***** JQ1 20/12/8:50 20/12/20:00 S Valiant V0012T J04 20/12/7:55 21/12/6:00 Sandidewa 2 34 J06 20/12/8:05 21/12/6:30 C Progress 20/12 J10 20/12/9:00 20/12/16:00 Winstar 2 62S00 J03 20/12/8:30 20/12/21:00 BayswaterllS M0308 J02 20/12/8:40 20/12/16:00 Tropical 328 IN1313 J14 20/12/9:00 22/12/7:00
        743 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2050 42 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ACHIEVER 395 22/5:00 IB 19/1500 19/1659 19/1900 2* 19/1700 20/0659 20/0900 28 19/1700 20/0659 20/0900 3 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700 ACTGARNET IK 22/4:30 IB 19/1500 19/1659 19/1900
        2,050 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        232 42 Dec 23 Japan: Emperor's Birthday. Dec 25 USA: Christmas Day. Philippines: Christmas Day. Canada: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Sweden: Christmas Day. Indonesia: Christmas Day. Malaysia: Christmas Day. Singapore: Christmas Day. United Kingdom: Christmas Day. Korea: Christmas Day. Taiwan: Constitution Day. Dec 26 Canada: Boxing
        232 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        808 42 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        808 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        592 42 Carbon ISO Max 993.0 0.4 14.6 0.06 72 0.02 Dec 14 Density Water Rttidu* Ash Aluminium Sediment Ho above E25 1 0 0 0 0 0 1 380 Ave 989.0 0.2 13.3 0.07 23 0.01 Emm 380 Max 992.3 0.6 15.0 0.09 70 0.03 M/M'3 v/v
        592 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Time for Airbus to come of age
        531 43 European planemaker should not shield its supeijumbo venture from normal commercial realities [LONDON] The official launch of the A3BO superjumbo airliner on Tuesday is a remarkable tribute to how far the European Airbus programme has come in 30 years. Defying sceptics and the
        AP  -  531 words
      • Article, Illustration
        Lock icon Peak season rush
        54 43 [HODGKINS, Illinois] Jontue Rice loads packages into the back of a semi-trailer at the United Parcel Service mega-facility in Hodgkins, Illinois, on Tuesday, as the rush to ship holiday packages continues. Workers at the facility were expected to process more than 1.7 million packages and documents on
        AP  -  54 words
      • Article
        Lock icon Lufthansa's Nov traffic up 8.3% due to CityLine unit
        236 43 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's No 2 airline, said November passenger traffic rose 8.3 per cent from a year ago, boosted by demand at Lufthansa CityLine regional unit. The airline's November load factor, or the number of seats filled compared
        Bloomberg  -  236 words
      • Article
        Lock icon Cathay pilots strike compromise deal
        287 43 They and airline will discuss a long-term settlement to rostering dispute AFP [HONGKONG] Cathay Pacific Airways has struck a compromise deal with its pilots to avert the threat of flight disruptions during the holiday season, a labour department spokeswoman said yesterday. After a series of
        AFP  -  287 words
      • Article
        Lock icon Watchdog to oppose bids by Qantas, Ansett for Hazelton
        277 43 Reuters [SYDNEY] The Australian competition watchdog said yesterday it would oppose bids for regional carrier Hazelton Airlines Ltd by Australia's two mggor airlines, Qantas Airways Ltd and Ansett Airlines. Allan Fels, chairman of the Australian Competition and Consumer Commission (ACCC), said
        Reuters  -  277 words
      • Article
        Lock icon New Bangkok airport to be completed on schedule
        224 43 Xinhua [BANGKOK] Thailand's new international airport project will be completed as scheduled in 2004 as there is no worry about the funding, acting Transport and Communications Minister Suthep Thuegsuban said yesterday. The project developer, New Bangkok International Airport Co, now. has no
        Xinhua  -  224 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1817 43 on fusNi cu Mow n» oi—m mm ore «MMl AN8229 2230 LH6380 2230 van 2230 MrtM S023 0640 6*974 0120 H.0037 1535 KI.0844 0125 U.0838 2335 S024 2340 Wwwrtw M00B QMS S034T QMS ***** 2255 Auckland N223 1850 ****** 2045 $***** 1850 S0285 2045 N***** 2020
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        Lock icon Korea Aerospace lenders to take stake in firm, say executives
        381 43 Bloomberg [SEOUL] Korea Aerospace Industries Co's creditors will take a stake in the aircraft maker and extend new loans, transactions worth 155 billion won (***** million) designed to lift the confidence of suitors Boeing Co and BAE Systems pic, executives
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        Lock icon Peak season game
        1253 44 Imagine a supply chain where the ultimate decisions are influenced by children. That's Mattel's logistics challenge JoC Mattel inc had big plans this holiday season for the Diva Starz, but America's children had plans of their own. They were not willing to wait to get their hands
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        Lock icon San Miguel Corp to set up 84 ports in Luzon
        334 44  -  Prom. Alec Almazan in Manila THE Philippines largest food and beverage company will be establishing 84 ports over the next two years in the main Philippine island of Luzon. The project would transform San Miguel Corporation into the country's largest
        334 words
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      405 33 t I( ICS I'AC il **v.** f\ -Zjfr <* 4 Igjpfe* Jl*. Uzilh: i i q e p J y ft Back page Airbus superjumbo: trade war a-brewing u page 2 Time for Airbus to come of age n page 11 The company has a targe and modern mixed fleet
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      200 34 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com /v SANKYU (S) PTE LTD "MK' 11 CLEMENTI LOOP, SINGAPORE *****3
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      738 34 Lines services represented by fisffikx] Members of the Registry of Accredited Shipping Agents, 3s Singapore Shipping Association Members of the Singapore Logistics Association ULY UNS MALI vissii Tvoy [eta Tlu eta P. KLANG SPORE MAU Princess Lily VO9OO 28/12 29/12 05/01 Empress Lily VOlOl 14/01 15/01 23/01 Princess Lily VOlOl
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      1183 35 SAX SERVICE (DIRECT) VESSEL VOY SWI ETA LAX OAK PAL HOU CHI CO! MEM Ml NYC API JADE 0241 OS/11 23/11 28/11 21/11 28/11 21/11 28/11 28/11 29/11 29/11 API GARNET 0241 15/11 30/11 05/12 05/12 05/12 OS/12 05/12 05/12 07/12 07/12 API SPINEL 024E 22/11 07/12 12/12 12/12 12/12
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      1970 35 oCiitMMr Sorvkt Hotfim: 1. Hwtry Tan -Soles *****25 HANJIN SHIPPING iar I $0 6 MsEvWynLow -Solos *****30 HAMJW SHIPPING (S) PTI ITP en WOWWC *****35 237 SAtB *****24 231 DOCUMENT *****yi 274 OfBATIONS *****50 251 MAIN LINE *****55 FAX: *****45 CT NO: 11 5349X)000M TO NW USA CANADA USA CANADA*
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      1557 36 SENATOR LINES TO UK/CONTINENT TOMiairi-KKRANEANCANADA VtSStL TOY HuT LEH RTWI AWB HAM MtV FIX VESSEL VPV SIN BIT IK FOS WX MTU PUOONG SENATOR 0016W 19.12 05.01 06.01 08 01 00.01 10.01 11.01 CHOYAHG SUCCESS 0945W 21.12 07.01 00.01 11.01 IJ.OI 20 01 HANJIN SAVANNAH 0006W 22.12 13.01 14.01 11.01
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      964 36 m. a■ MaC-HELS S'POftE M'SIA I Carrier: MN CONTR LINES, MC p. guoang:(ot) *****26 NW- I em NO. liamww SBU: (084) *****9 MANILA: (832) *****24 l V PENANQ: (04) *****38 BANGKOK: (882) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUCMNQ (082) *****1-3 PORT KLANG HAIPHONG MV
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      642 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUND. MUMBAI/COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS Vessel S PORE N SHEVA COCHIN COLOMBO P.KLANG TULSIOAS V.I3S 24 DEC 02 JAN 07 JAN 12 JAN FRONTIER V.103W 31 DEC 09 JAN 14 JAN 19 JAN PU GLORY V.103W 07 JAN
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      1649 37 I VESSEL VQY KHH HKG SIN PKL DXB BAN DMM BIK IRAN HORMOZGAN PCL-186 19/12 20/12 23/12 24/12 02/01 03/01 05/01 07/01 IRAN TEHRAN PCL-187 26/12 27/12 30/12 31/12 07/01 OS/01 10/01 12/01 IRAN TABATABAEI PCL-188 02/01 03/01 06/01 07/01 14/01 15/01 17/01 19/01 IRAN KERMAN PCL-189 09/01 10/01 13/01
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      1924 37 TO: coiomo I EVERY MONDAY I (T/T: 4 DAYS) J GENUAL AGENTS M SMGATORI: MROOIHSOtdD TIL 226 1900 FAX: *****08 OUIWAKD (1/1) 420M02 CBU punH rACTAD SHIPPING PTE LTD #12-00 SAUS/MGS *****57/43 INWARD KPT (D/ 0) *****86 COSTAR AGENCIES (M) SDN BHD CRHft **********0* SINCMOREO6SB9B CONVENTIONAL *****01/850 T/SHPMTPERT *****25 TtLO2^5Ml66F^
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      919 38 AtfDfTERRANEAN/ItACK StA/EUROPf SERVICES EXPORT VISSa/VOTAGi SGP |G» |VW |OB |PBU |«DM IBHV IIMP |ZH U UH£ 0074-007W 24/12 OVOI 07/01 09/01 11/01 IQ/01 12/01 IVOI 15/D1 LTUPSSBOO7SOOSW 31/12 12/01 14/01 It/01 18/01 17/01 19/01 21/0) 22/01 Q UNIED 0076-044W 07/01 19/01 21/01 23/01 25/01 Hg 26/01 28/01 29/111 DUNCDRN IVOI
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      358 38 iMO»ay>WPBBIANOU«f/WPW<«U»CONIfWT»»¥K» BMB VESSEL VOYAGE SGP CM! DW JM AN DMN lAN KM MXV YU HE 0162W 22/12- 02/01 04/01 08/01 UNI ASPIRE 0644-028W 24/12 29/12 03/01 04/01 UNI ANGEL 0156-03DW 26/12 30/12 05/01 01/01 UNI ARDENT 06IS-026W 31/12 05/01 10/01 11/01 13/01 UNI POPULAR 0157-003W 02/01 06/01 12/01 15/01 RING
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      862 38 amnirnTiaii ta Mtur/LAVii cmabaha JAKARTA/^ANJANQ vntfi I voy un Inu Imp lch vissa voy sm|*t pw SUi —fivT 188 MB _fl/ii_ W\l S!; 347N 24^? —wm m/u mmfiaoir mi mi urn -SSr "5J5 2£5 SSJ- 00" mint QZffi Z502 28Z12 SHIMAHAMI 38t 25/12 21/12 21/12 |UU) HF* 041 24/12 21/12
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      490 38 INDONESIA NATIONAL LINE TO AUSTRALIA "1 FULL CONTAINER SERVICE VS. VOY PKG SW Hg II SIP IB HM IK Hit POTSOAM 04$ B/12 26/12 05/01 07/01 09/01 12/01 MTKPMX MT o*l 02/01 00/01 14/01 16/0? 19/01 raNDMXUUDI "ST M/ 01 09/01 lyoi 21/0? 23/0? 26/01 tflivarr 335 15/01 16/01 22/01
      490 words
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      506 39 BSA x wml MYANMA pBBk FIVE STAR LINE W (Myonmar National Line) Loading for Yangor VISSiL VOY SIN PKL KN PGU PAGAN 285W SU> HPA-AN 282W IN PT MAIAYSIA AGCNTS: BOUSTIAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL TIL 03-*****101 PEN: TU 04-*****02 PGU: m 07-*****21/4 BANK LINE (A strvk* of
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      1420 39 HYUNDA^AERCHAN^AARINECOj^tfD^^^^^^ IVKSa VOT SW SOU I IB! I KTW ANT HAW MV [VtSSE VOT I SOU l» I »TM I ANT I HAM IMVI SM I API GERMANY V.030W 21/12 08/01 06/01 03/01 04/01 API AUMNDM VJIK 27/11 02/12 29/11 30/11 21/11 MOSa VLS37W 22/12 12/01 13/01 07/01 09/01 APLAGAH
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      881 39 v&v WALLENIUS WILHELMSEN TO NORTH AND UTINAMIRK* *<AR RORO HEAVYUFT SERVICE" I VESSEL VOY I RAMP HEIGHT SIN LK MAO NUA SAV BAL ORF NYC NEW MM TAMPERE MoT 4001ns 6JM 2S7TT 25/01 ***** 0V02" 07/02 09/02 ToToT 12/02 16/02 17/02 TEXAS AH 102 4001«b 6.3 M 12/01 09/02 17/02
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  • Page 42 Miscellaneous
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      134 42 IQS 103E 11 ——12 OE" LEGEND Issued by Meteorological Service Singapore K Thunderstorm d!!?^ 6 S Temperature °C„/ Wind direction and speed in knots Ra,n Weather Cloudy Day ><3 Hazy Sea Conditions Wind speed symbols I I Slight, < 1 2m O Full circle w/o line indicates calm or light
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      56 44 J :J§ if «ll f 'w With DHLs efficient inventory delivery, you save on warehousing. That way, your profits go up, your boss's confidence in you goes up, and DHL delivers a boost to your career. For more. just call DHL at 1800-285 8888 or visit www.dhl.com.sg T TTr 7
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