The Business Times, 4 January 2001

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Total Pages: 40
1 40 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 02^12/2000 SINGAPORE Internet: http://business-times.asiat.com.sg/ THURSDAY, JANUARY 4, 2001 85C
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  • 71 1 sn I£CLS2 (-34.76) BT-SRI ***** (-13.55) ST INDEX FUTUBES UJS3 (-35.00) SDISCIFUTURES 24L70 (-4.40) STOCK MASEET INDICES Wednesday Change KLSE COMP 667.62 -9.11 NIKKEI 226 dosed HANG SENG 14,689.58—-280.36 SET INDEX ***** +184 JAKARTA COMP 405.81 -458 MANILA COMP _1,460.96 +2.47 TAIPEI WPI 4,894.79 -40.49 SEOUL COMP 621.43
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  • 75 1 FOREX SATES US$ 8$ US$ (S$ per USS) 1.732 £(US$/S$per£) 1501 2.600 EURO(US$/S$/E) 0.950 1.646 DM 2.059 1.189 YEN 114.6 66.20 RM 3.800 2.194 HKS 7.800 4.503 BAHT 43.64 25.19 RUPIAH 9,529 5,500 PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK ....9.50 MANILA 11.00 HONGKONG „..8.50 TAIPEI
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  • 1352 1  -  'R' word no longer taboo as industrial activity index hits 10-year low Prom Catherine Ong AP in New York THE US economy is slowing down much faster than most economists have expected, and the latest economic indicator coupled with sharp declines on Wall Street
    AP; Source: Bloomberg  -  1,352 words
  • 553 1 AFP [HONGKONG] Asian shares took another hit yesterday in the wake of Nasdaq's 7.2 per cent tumble but the reaction on most regional markets was relatively muted. Hongkong was the hardest hit of the Asian markets with the key Hang Seng Index
    AFP  -  553 words
  • 722 1  -  But the average profit of $1,758 per member is a record low By' Teh Hooi Ling [SINGAPORE] A record number of Central Provident Fund (CPF) members made money from the stock market last year although their combined profits plunged by almost
    722 words
  • 116 1 CPF members who had net realised profit/loss '9V94* W96 Wff7 WW W99 WOO Profits made ($'m) 235.6 119.1 179.7 111.4 99.7 ***** 363.84 Number who made profits 67,174 53,590 80,463 50,988 44,003 118,896 207,000 who made profits 19.8 14.1 20 7 11.7 9.5 25 42 Average profit per
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  • 555 1  -  Sale will be closely watched following scuppering of Stanchart's Bank Bali deal From Shoeb Kagda in Jakarta THE Indonesian Bank Restructuring Agency (Ibra), having finally received permission from the country's Parliament, will conduct its first sale of two
    555 words
  • Page 1 Advertisements
    • 85 1 INSIDE Exec Suite Old walk-up apartments are enjoying a new-found popularity. But their days may be numbered. Back Page Serviced apartments: providing homes for expats. Pg 27 Top Stories ECS gets cold feet on eve of IPO launch. Pg 4 Yahoo to charge for auction listings. Pg 11 Blue chips
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    • 43 1 Electronics slowdown may outgrowth, Next Page Recession may be in store: Morgan Stanley, Pg 16 Impact on the region Starting with Japan tomorrow, our regional correspondents will analyse the impact of a US economic slowdown or worse, a recession on the regional economies.
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    • 38 1 1 11 I .1 I 1 I f 7 1 ifca P -—f f Asa f »n- J jm t -f ftei i rr l 4 -mr I P" n Raffles or Fullerton? a Turn to Next Page
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  • NEXT page
    • 584 2  -  MAS simulation study shows major impact on manufacturing By Anna Teo [SINGAPORE] A global electronics slowdown this year could shave 2.3 percentage points off Singapore's GDP growth, a simulation study by the Monetary Authority of Singapore (MAS) has found. Specifically,
      584 words
    • 480 2  -  Representation made over charges relating to handling of IPOs of eWOS and Hna Kok By Conrad Raj [SINGAPORE] United Overseas Bank's investment banking arm UOB Asia is apparently negotiating for a plea bargain to settle charges over the initial public offerings of
      480 words
    • 665 2  -  Guests pay anywhere from $650 to $6,000 for a night's stay By Andrea Tan [SINGAPORE] The grand old dame of Singapore hotels still commands top dollar, even with the recent opening of the lavish Fullerton Hotel just a few streets away. This is partly
      DAVID TAN/THE NEW PAPER  -  665 words
    • ON THE grapevine
      • 111 2 LCX)KS like there are still quite a few bulls on the US investment scene despite Nasdaq's collapse. And one of them is Louis Navallier, who publishes an investment letter called MPT Review. In the December 2000 issue, he writes: "In the aftermath of the stock market's
        111 words
      • 193 2 DOES January's stock market performance point to the future? And if so, what's in store? According to Barron's Dec 25 issue, there are three possibilities: As January goes, so goes the year (that is, if the market rises 3 per cent in January, it will rise
        193 words
      • 132 2 IT'S nice to know that although financial markets were quite tough for some last year, traders were doing more than their fair share for charity. Financial market professionals outdid themselves during the festive season, we're told. Having raised $110,000 for the Second Chance Learning Programme in 1999,
        132 words
      • 115 2 THIS Scottish chap is the new chairman of the International Accounting Standards Committee (lASC). "Big deal," you must be muttering to yourself. Well, the lASC has a major role in how and what listed Singapore companies report to their investors. Now, accountants don't have a reputation for
        115 words
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  • Page 3 Advertisements
    • 105 3 VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1 755 jjlfe- Jgp> pr bl WjMHr |H^r 2F~~~**y Mg£v 2 'Tar c i "^tekw. sjaF y JM. i^lßk <» < j^Bypg^ a |^Jppppig^^ <^i<^^p^^^^^^Mpp-:-Available at Cortina Watch CciitiPS w»» *m. m. DE LA HAUTE HORLOGERIE SINGAPORE: Cortina Watch Centre Pte Ltd Raffles City
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  • SINGAPORE companies
    • 264 4 HSBC Investment Bank, the adviser to Osprey Maritime's board, reiterated yesterday shareholders should reject World Shipholding's takeover offer at $1 a share as it significantly undervalues the company. In a circular to shareholders, HSBC said investors who are confident of Osprey's long-term
      264 words
    • 531 4  -  Nat Steel Electronics unit cites market volatility; no new date set for launch By David Boey WITH less than 24 hours to go before the launch of its initial public offer, ECS Holdings Ltd, the distribution arm of NatSteel Electronics Ltd,
      531 words
    • 242 4 Bloomberg NATSTEEL Ltd shares yesterday closed lower after the company made a dividend payout to investors recorded as holders of its shares. The stock closed 75 cents down at $2.16. Nat Steel is paying out two special cash dividends totalling 71 cents a share, or
      Bloomberg; FILE PHOTO  -  242 words
    • 704 4  -  i [•!•s[< locksiew neil behrmann THE London market has started out in an uncertain mood and stock pickers rather than trend followers are likely to be the winners this year. For the bulls to be correct, the FTSE 100 must decisively break through
      704 words
    • 273 5 It will acquire 10% of Southern Energy's ops in the Philippines KEPPEL FELS Energy, a wholly-owned subsidiary of listed Keppel FELS Energy Infrastructure (KepFels), has announced a strategic alliance with Southern Energy Asia Pacific to grow its energy business in Singapore and
      273 words
    • 151 5 OCBC Bank announced yesterday the promotion of executive vice-president Albert Yeoh to senior executive vicepresident, effective immediately. Former Citibanker Mr Yeoh joined OCBC Bank (Malaysia) in March 1996 as director and chief executive officer. He then served as head of OCBC Singapore's
      151 words
    • 132 5 FUTURES trading boomed on the Singapore Exchange last year, reaching its second-highest level. SGX said yesterday that 27.6 million futures contracts were traded in 2000 up 6.7 per cent from 1999. The record was 27.9 million in 1998. Key contracts posted strong growth. The
      132 words
    • 347 5  -  Passenger seat factor dips half a percentage point bnt numbers ferried 5.5% higher By David Boey SINGAPORE Airlines said yesterday that its overall load factor a key indicator of the usage of its seating and cargo capacity fell 1.2 percentage points
      FILE PHOTO  -  347 words
  • Page 4 Advertisements
    • 487 4 Pricb/vaTerhousEQopers During the last three years, Asia was plunged into an economic crisis from which it is now recovering. With the Asian economy on the mend, foreign investment interest in the region has started to pick up again. As foreign investors seek to expand their market share, strengthen their market
      487 words
    • 404 4 Seminar Outline J Seminar Details Effective for this reporting period are three revised accounting A j Date :16 Jinmry 2001 (Tuesday? standards: Venue Le Meridien, 100 Oiduud Road SAS 1 (revised) Presentation of Financial Statements Time 9 00am to 5.00pm SAS 15 (revised) Leases SAS 23 (revised) Segment Reporting Fee
      404 words

  • Page 5 Advertisements
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  • SINGAPORE markets
    • 474 6 Stocks Volume PCI 25c 35,849,000 Omni Ind 10c 21,140,000 PohLianlOc 14.639,000 PacificCenturylOc 14,638,000 Chart Semiconductor 26c 8,832,000 Datacraft 10c 6,742,000 Brierley NZ10c 6,522,000 Gul Tech 20c 6,378,000 NatBroad 25c 6,323,000 ST Assembly 25c 6,281,000 Stocks Datacraft 10c 47,910,836 Omni Ind 10c 46,523,260 PCI 25c 38,294,560 Chart Semiconductor 26c 37,679,620 DBSGrp
      474 words
    • 613 6  -  I =11 comment STOCKS r.sivanithy THE US Federal Reserve's position on interest rates has taken on even greater significance after Nasdaq kicked off 2001 the same way it ended 2000 down. The US technology board's 7.3 per cent collapse on
      613 words
    • 198 6  -  WABBAMT WATCH By R Sivanithy ONE of the most striking features of the local market is how little "real" cash there is floating around in small cap or I penny stocks. Many are often not traded for days. And even when they are,
      198 words
    • 260 6  -  HOT STOCK By' Teh Hooi Ling NISSAN car distributor Tan Chong International slid 4 HK cents to end at 91 HK cents yesterday on heavy volume. About 3.3 million shares changed hands almost seven times the 10-day average of 499,200. A price fall accompanied
      260 words
    • 102 6 GP Industries has appointed Tan San-Ju as secretary with effect from Jan 1. ♦PACIFIC Century Regional Developments will hold its EGM on Jan 16 at 9.30 am, Mandarin Singapore, Mandarin Court A, 4th Floor Main Tower, 333 Orchard Road. ♦SUPER Coffeemix Manufacturing's executive director Kuik See Juan has
      102 words
    • 328 6  -  Pi I comment CURRENCIES larry wee WEAKER-than-expected US data overnight hit Wall Street hard and found the US dollar losing ground, especially versus non-Asian alternatives. At the same time, players moved into US Treasuries as a refuge against growing credit-risk worries and
      Source: Bloomberg  -  328 words
  • Page 6 Advertisements
    • 420 6 Arthur Andersen Goods and Services Tax (GST) and Your Business Workings of the GST system and its implications on businesses GST has been implemented since 1 April 1994. Who should attend Are you filing the GST return correctly? Accountants, Finance/Accounting officers and other Do you need a refresher on the
      420 words

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  • SINGAPORE news
    • 669 8  -  In 4th straight fall, electronics PMI sheds 3.2 points to 50.5 in Dec By Anna Teo CONTINUING its recent slide, the purchasing managers' index fell in December to the lowest in almost two years. The electronics PMI, in particular, shed another 3.2 points in
      Source: SPMM  -  669 words
    • 344 8  -  By Vince Chong RESIDENTIAL property offerings for 2001 will get under way this weekend with the launch of MCL Land's Forest Hills condominium and Phase Six of Lee Rubber subsidiary Kallang Development's Springside terrace project. Both projects are in Sembawang
      344 words
    • 460 8  -  on the economy By Anna Teo GIVEN Singapore's labour constraints, its long-term economic growth potential will slow from an average of 5.6 per cent in the next five years to just under 3 per cent by 2025-2030, said a study
      Source: MAS  -  460 words
    • 425 8  -  By Vince Chong COMPASS Point mall in Sengkang will return an above-average net yield of 11 per cent, developer Centrepoint Properties said yesterday. This compares with the usual figure of 5 to 6 per cent, the company's general manager, Vivienne Tan, told
      425 words
    • 225 8 THE Infocomm Development Authority of Singapore (IDA) said yesterday media speculation about the delay in its 3G (third generation) telco licence auction was inaccurate and misleading. In a statement, it acknowledged there has been some slippage in the schedule it originally
      225 words
  • Page 8 Advertisements
    • 3 8 The Reliable Airline
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    • 52 8 [«Ti«n Lianhe Zaobao I Ex-chairman of I I China Securities Council I I reveals its score card I I mtsm I lßZfti"fg£" I U 1H B mt %dF i BIJ YOUR (v)IRTUAL BWBHHI DEPARTMENT PTMC Outsourcing Pte Ltd 89 Science Park Drive The Rutherford #04-29. Singapore *****1 Tel: 773-9015 Fax:
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    • 154 9 mts jgpp* *a i gjg If v M i -v:: j s<> x, I^raBHHB I tf 1 X M <■ J \'<f.>y "x > Six big clients. One missing piece of data. I -$i ch i Where the hell is the computer Jiookupi>; v \ws:-^$ ;p: v j if; ■?&::11
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  • EDITORIAL & opinion
    • 747 10  -  Pi!T3 bottom line OPINION paul krugman The writer is a professor of economics at the Massachusetts Institute of Technology NYT ACCORDING to the theory of efficient markets, the market value of a company depends on its expected future profits. The price of the company's
      NYT  -  747 words
    • 73 10 'You won't see that again for a long time, maybe in our careers. The dot-com explosion, the IPO craze that just wasn't sustainable.' -Christopher Ely a money manager, on the surging markets in 1999 and early 2000. 'Corruption is devastating. It is the source of most of
      73 words
    • 659 10 EDITORIAL THE latest official advance estimate of 10.5 per cent growth for the Singapore economy in the fourth quarter of last year implies a sizzling performance of 10.1 per cent for the year as a whole. However, looking ahead, there is cause for circumspection, as the
      659 words
    • 906 10  - Old polluting cars will stay for many years California is de-emphasising folly electric vehicles and its clean air plans By< G Panicker The writer is a journalist on the Foreign Desk IT looks like the internal combustion engine, last century's wonder machine, will purr on for years to come. With
      FILE PHOTOS  -  906 words
    • 782 10  -  COMMENTARY A contradiction: He was always on the move bnt rarely going anywhere By Robert J Samuelson The Washington Post Writers Group THE Clinton paradox is this: Rarely has a president so dominated the public stage and so little affected the public agenda. His central failure
      The Washington Post Writers Group  -  782 words

  • e-NEWS
    • 564 11 PALO ALTO Sliding listing fees from 20 US cents to U552.25; and tougher policy against sale of hate material Reuters NYT YAHOO! Inc has announced two big changes to its auction service: A first-ev-er listing fee and and a much tougher policy against the
      Reuters; NYT  -  564 words
    • 467 11 WASHINGTON Snit by 7 current and former employees is asking for USssb AP Bloomberg SEVEN current and former Microsoft Corp employees are planning to sue the computer software maker for discrimination, citing racial bias, the plaintiffs' lawyers said. The suit, to be filed in
      AP; Bloomberg  -  467 words
    • eBriefs
      • 132 11 IHT [NEW YORK] WebMD Corp pulled the plug on an international alliance with Rupert Murdoch's News Corp and will take a US$275 million (***** million) charge in the fourth quarter as a result. WebMD, which has posted losses totalling more than US$2 billion,
        IHT  -  132 words
      • 63 11 Bloomberg [SAN FRANCISCO] Pets.com Inc, a defunct online pet food retailer, said it will hold a shareholders' meeting to approve the liquidation and dissolution of the company. It will also seek approval to change its name to Ipet Holdings Inc at the Jan 16 meeting,
        Bloomberg  -  63 words
    • 343 11 HONGKONG Bloomberg PACIFIC Century CyberWorks Ltd, Hongkong's largest Internet company, is in the final stages of borrowing US$4.7 billion (SsB.2 billion), as banks haggle over the interest fees they will be paid, an arranger said. Five banks Bank of China, Chase Manhattan Corp, HSBC
      Bloomberg; FILE PHOTO  -  343 words
    • 52 11 [TAIPEI] A motorcyclist talks on a mobile phone while riding in Taipei yesterday. The Taiwanese parliament has passed a bill banning the use of mobile phone by car drivers and motorcyclists for safety reasons. The measures are expected to become effective in the second half of this
      AFP  -  52 words
    • 364 11 NEW YORK Bloomberg AMAZON.COM Inc was the most-visited Internet shopping site this holiday season, boosted by its partnership with Toys 'R' Us Inc. Sites of traditional retailers such as Wal-Mart Stores Inc and Target Corp also were among the top 15, according to Nielsen/Netßatings Inc.
      Bloomberg  -  364 words
    • 385 11 BEIJING Reuters TOP Chinese portal Net Ease.com Inc is considering selling itself to foreign buyers and has hired Goldman Sachs to draw up a list of potential candidates, company sources said yesterday. A buyout of Net Ease could ignite a shake-up of the fiercely competitive
      Reuters  -  385 words
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  • REGIONAL news
    • 565 12 But tightly-held plantation, tech stocks head the losers list [KUALA LUMPUR] Blue chips hogged the gainers list on the Kuala Lumpur Stock Exchange while tightly-held plantation and tech stocks headed the losers list in 2000 in terms of absolute value. However, warrants
      REUTERS  -  565 words
    • 314 12 KUALA LUMPUR AFP MALAYSIA'S ruling party yesterday proposed a meeting between Prime Minister Mahathir Mohamad and opposition leaders in a bid to restore unity among ethnic Malays. The management committee of the United Malays National Organisation (Umno), headed by Deputy Prime Minister Abdullah
      AFP  -  314 words
    • 371 12 BANGKOK Bloomberg CAL-COMP Electronics (Thailand) shares fell 18 per cent on their first day of trading on the Thai stock exchange, hurt by weak investor demand for computer-related shares. Cal-Comp, only the third company to start trading on the Stock Exchange of
      Bloomberg  -  371 words
    • 178 12 KUALA LUMPUR AFP MALAYSIA'S National Union of Bank Employees predicts about 30 per cent of bank staff will be laid off as a result of the consolidation of the industry, a report said yesterday. The union earlier forecast redundancies at 10 per cent,
      AFP  -  178 words
    • 549 13  -  Share volume of just 216 m pesos; foreign foods still wary over Estrada trial From Al Labita in Manila FAST-DRYING liquidity on the Philippine share market plummeted to an all-time low yesterday as foreign funds continued to stay on the sidelines, given
      AP  -  549 words
    • 323 13 JAKARTA He's waiting for Megawati to return from abroad AFP Bloomberg INDONESIAN President Abdurrahman Wahid is delaying his decision on whether to accept the resignation of a Cabinet member as he waits for Vice-President Megawati Soekarnoputri to return from overseas. Ryaas Rasyid, the
      AFP; Bloomberg  -  323 words
    • 335 13 MANILA He refuses to answer prosecution questions abont his links to a top banker Reuters PHILIPPINE President Joseph Estrada refused yesterday to answer prosecution questions about his links to a top banker allegedly involved in an attempt to cover up his supposed multi-million-dollar
      Reuters  -  335 words
    • 441 15 BANGALORE They are taking astrologers' advice on business issues AFP HARDENED IT professionals in India's IT capital Bangalore are taking traditional low-tech advice from astrologers to guide them through the increasingly cut-throat dotcom jungle. Many engineers and technology leaders are turning to astrologers
      AFP  -  441 words
    • 193 15 NEW DELHI AFP INDIAN Prime Minister Atal Behari Vajpayee has taken a swipe at the opponents of economic reform, slamming their "ludicrous" fears of a national sell-out to foreign multinationals. In an article published in all major newspapers yesterday, he argued the need to
      AFP  -  193 words
    • 61 15 [CALCUTTA] A man dressed as the deity Hanuman holds a placard displaying the new name of the eastern Indian city of Calcutta as part of the West Bengal state government's campaign. The metropolis has reverted to its original name Kolkata, with all government offices being urged to
      AFP  -  61 words
    • 417 15  -  Negotiation to buy part or all of Sing Tao shares owned by Lazard Asia From* Quak Hiang Whai in Hongkong THE share price of Sing Tao Holding soared further yesterday after Charles Ho's Global China Technology Group confirmed that it
      417 words
    • 445 15  -  HK&LSb purchase of building will help retailer repay debt From Quak Hiang Whai in Hongkong TWO leading Hongkong property families are taking over the landmark Sogo department store building for HK53.53 billion (Ss7B3 million). Cheng Yu-tung, who heads New World Development, and
      445 words
  • Page 12 Advertisements
    • 586 12 Financial Market Liberalization: Impact on Banking, Brokerage, Insurance Funds Management Wharton IV s,ngapore A-ICIA (ASH KX MANAGEMENT The Wharton School UNIVERSITY University of Pennsylvania 8.30 am Registration 2.46 pm Question and Answer Session Moderators: Professor Richard J. Herring, Jacob Safra Professor of International Banking, 9.00 am Guest of Honour Address
      586 words
    • 66 12 U551,000,000,000 Caisse Centrale du Credit Immobilier de France 3CIF Floating Rate Notes due 2004 For the period from December 29,2000 to March 19,2001, the Notes will carry an interest rate of 0.7125% per annum with an interest amount of US$l,BOl.OO per US$lO,OOO Note and of US$lB,OlO.OO per US$lOO,OOO Note. The
      66 words

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  • Page 14 Advertisements
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  • WORLD news
    • 644 16 AUSTIN, Texas President-elect to meet top corporate leaders to hear front-line views Reuters HIS Cabinet complete, Presi-dent-elect George W Bush yesterday turned his attention to an issue likely to give him a rude welcome as he takes office signs of a slowing
      Reuters  -  644 words
    • 599 16 PEOPLE Reuters [WASHINGTON] President-elect George W Bush's choice for energy secretary, Republican Senator Spencer Abraham, is likely to focus on giving consumers relief from high energy prices and tight supplies, Washington insiders said on Tuesday. Mr Abraham, who comes from the big energy
      Reuters; AP  -  599 words
    • 273 16 Tool maker Black Decker loses family ties TOWSON, Maryland Bloomberg BLACK Decker Corp, for the first time in its 90 years, is without a Decker. Former chairman and chief executive Alonzo G Decker Jr, son of the co-founder and a director for 60 years, has retired, the company said. Mr
      Bloomberg  -  273 words
    • 305 16 KUWAIT CITY AFP Reuters OIL producers from Opec and outside the grouping are likely to cut output by two million barrels per day (bpd) in an effort to strengthen prices, Kuwaiti Oil Minister Saud Nasser al-Sabah said yesterday. That is half
      AFP; Reuters  -  305 words
    • 603 16 NEW YORK Strategist's list of 10 surprises includes IV2 pt Fed rate cut Bloomberg CONSIDER this scenario for the coming year: The US and Japanese economies slip into recession, the euro falls to 75 US cents, causing unrest on the streets
      Bloomberg  -  603 words
    • 554 17 LONDON For former Andersen Consulting, everything must be rebranded, from fleeces to golf balls FT WHEN staff at the firm formerly known as Andersen Consulting returned to their desks on Tuesday, they each found 100 new business cards waiting for them,
      FT  -  554 words
    • 460 17 NEW YORK Reuters AMERICA Online Inc, one of the leading names associated with the Internet and the first Web company to make the Standard Poor's 500 Index, has grown up. Its pending merger with media giant Time Warner Inc will create
      Reuters  -  460 words
    • 64 17 [LONDON] Harrods chairman MohamedAl Fayed cuddles singers Charlotte Church (right) and Filippa Giordano amongst the teddy bears in the exclusive department store in Knightsbridge, London, yesterday. The singers were the guests of honour for the opening of the Harrods sale where customers
      AFP  -  64 words
    • 1028 17 ■LONDON More competition, slow Asian traffic among reasons for price foils Reuters HEAVY depreciation of Boeing *****0s, the most valuable civil aircraft flying, has wiped billions of dollars from airline assets in recent years. "The 747-400 is experiencing the severest test of
      Reuters  -  1,028 words
    • 606 17 NEW YORK Moody's says the global junk bond default rate will soar above 9% this year Reuters CORPORATE bond defaults will rise this year from last year's record levels as credit quality and liquidity worsen, earnings come up short and litigation costs
      Reuters  -  606 words
    • 223 17 NEW YORK Bloomberg J P Morgan Chase Co, the bank formed by Chase Manhattan Corp's US$32 billion (Ssss billion) takeover of J P Morgan Co, named executives from both companies to manage the investments of wealthy clients. The company put Jes E
      Bloomberg  -  223 words
  • Page 16 Advertisements
    • 756 16 Mlneta is US secretary of transportation, Shipping Times, Pg 1 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE LAND TTTLES (STRATA) ACT CHAPTER 158 AND IN THE MATTER OF THE MANAGEMENT CORPORATION STRATA TITLE PLAN NO 625 SETIA MANSION 11 EVELYN ROAD.
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    • 587 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER Of ICS SHIPHOIDING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of ICS SHIPHOLDING PTE LTD ugned by the Representative of the Holding Company pursuant to Section 179(6) of the
      587 words


  • FINANCE & commodities
    • 289 18  -  SGZ Derivatives Tradingßeport ST Index/MSCI Stare Index Lau Chee Keong THE Singapore stock market yesterday extended its fall for the second day in a row following a major sell-off in US markets on Tuesday. The benchmark Straits Times Index dropped 1.83 per cent or 34.76
      289 words
    • 241 18  -  MSCI Taiwan Index Lau Chee Keong THE MSCI Taiwan stock market yesterday failed to extend its gains after the previous day's rally as US markets got off to a very inauspicious start on Tuesday. The failure of Taiwan's Parliament to pass the
      241 words
    • 188 18 Reuters [SHANGHAI] Chinese traders are seUing copper on the London Metal Exchange (LME) because of narrowing gaps between Shanghai and London copper prices and analysts said yesterday they expect this to persist in the near term. Beijing's plans to lower tariffs on products made
      Reuters  -  188 words
    • 326 18 Reuters London THE dollar fell to its lowest level in nearly six months against the euro and set oneyear troughs against the Swiss franc yesterday, hit by growing pessimism about a possible sharp economic downturn in the US. The resurgent euro, which hit 10-month highs against the yen
      Reuters  -  326 words
    • Article, Illustration
      1256 18 WTERBAWK CROSS RATES ~Uw3 AS C$ Rmb E«ro Ffr Dm HK$ Ind 8s iuplah Yen Won BM WZ$ Pak Rs Ptso S$ R»nd Sfr NTS Baht Pound US$ Australia 0.841 4.676 0.593 3.891 1.160 4J94 26.*****.682 0.646 7.157 2.M1 1.263 32.900.28.753 0.976 4.242 0.903 18.607 24.587 0 J75 0.563 Canada
      1,256 words
    • 1838 18 S1C0M FUTURES Jan 3 RUBBER (Mwesdosii* as it 5.30»a> RSS1 CONTRACTS cents/kg) Ck>M Volume Opan Month Iw SKI (tonnes) Interest Feb 01 W6.25 50 1 Mar 01 108.50 50 1950 Apr 01 110.00 100 May 01 m.50 -100 RSS 3 CONTRACT (US cents/kg) Volume Open Month Hkjjfc Low Sett (tonnes)
      1,838 words

  • STOCKS east asia
    • 2897 19 HONGKONG AFP Q Hang Seng -280.36 HONGKONG share prices dropped 1.9 per cent following overnight falls on Wall Street amid escalating concerns about the slowing US economy, dealers said. The key Hang Seng Index lost 280.36 points to close at 14,589.58, off
      AFP  -  2,897 words
    • 383 19 AFP pWP Index -40.49 TAIWAN share prices closed 0.8 per cent lower yesterday on profit-taking and following sharp losses on Wall Street, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 40.49 points to 4,894.79, following a 4.1-per cent surge in the previous session. Turnover was NT571.53 billion,
      AFP  -  383 words
    • Article, Illustration
      1087 19 Reuters H Shenzhen B Index -450 CHINA'S hard currency B shares closed lower yesterday on profit-tak-ing on last year's massive gains, with Shenzhen counters also hurt by a fall in neighbouring Hongkong, brokers said. The Shanghai B share index ended down 0.79 per cent at 88.53 with turnover inching
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,087 words
  • Page 19 Advertisements
    • 34 19 Bringing THE ARTS to another level The Business Times every Saturday The Tokyo market was closed yesterday Chairperson OR CHAIR SALESPERSON? w I V To fill your vacant positions, just call 1800-741-1883. TheStraitsTimes 089
      34 words

  • STOCKS klse
    • 439 20 AFP n Composite Index -9JI MALAYSIAN shares closed 1.4 per cent lower yesterday amid weak sentiment following Wall Street's sharp decline, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 9.11 points to finish at 657.52. The Second Board index was down 4.34
      AFP  -  439 words
    • 8991 20 INDUSTRIALS Consumer products 2001 Last Vol Day Net Cap High Low Company Sato OOP High Low P/C Smll Ajinomoto 310 170 1256 36 3V3 Angkasa 33 -2 84 34.3 31.3 48.7 306 286 Apollo Food Hlg 286 -14 9 300 286 6 2 114 4 "2 310 Asia Fit* 310
      8,991 words
  • Page 20 Advertisements

  • SGX clob & regional stocks
    • 2776 21 '.mum Hi > BOMDS A WARRANTS wt Mi IW Ixptry Last Mm ImMiiIi *«f M Cm, bar Mm 1Mb Hit* L« Ci«>m Sato «r- fWW W# Law §T» M» Wtoa to—DXto W <%> fcjg UN 51.5 2 Acma W*****4 2 -1 26 2 2 2 2.5 3 41.0 1 300
      2,776 words
    • 313 21 AFP F1 Composite Index +0.48 SOUTH Korean shares rose 0.1 per cent yesterday with the index up 0.48 points at 521.43. Volume was 322 million shares worth 1.6 trillion won. —AFP ■t— 3 Won AnamSeml 3120 -100 Brain Tech .500 -5 Central Bank 170 0 Cheil Comm ***** 1800
      AFP  -  313 words
    • 281 21 AFP PHILIPPINE share prices closed marginally higher yesterday with the Composite Index up 2.47 points or 0.1 per cent at 1.450.96. Turnover fell to 139.42 million shares worth 215.94 million pesos from 297.37 million shares valued at 380.01 million pesos on Tuesday. AFP Jan3 Peso COOO) Abacus Construction 0.48
      AFP  -  281 words
    • 266 21 AFP n«SMO -2147 NEW Zealand shares fell 1.4 per cent yesterday on the first day of trading in the new year, following the sharp falls by US stocks, dealers said. The benchmark NZSE-40 Capital Index closed down 26.47 points at 1,875.18, on turnover of NZ$lOl.6 million. AFP ■Hal MR
      AFP  -  266 words
    • 558 21 AFP Q All Ordinaries -24J0 AUSTRALIAN shares fell 0.8 per cent yesterday as investors followed the lead of a nervous Wall Street, brokers said. The All Ordinaries index fell 24.9 points to 3,180.5 while the SP/ASX 200 fell 25.4 points to 3,235.7 as both surrendered most of Tuesday's gains.
      AFP  -  558 words
    • Article, Illustration
      736 21 AFP El set Index +184 THAI share prices closed 1.1 per cent firmer yesterday due to speculative buying of polit-ically-linked stocks, brokers said. The Stock Exchange of Thailand (SET) Composite Index gained 2.84 points to close at 272.03 points and the SET 50 index was up 0.29 points at
      AFP  -  736 words
    • Article, Illustration
      742 21 AFP P Composite Intoi -438 INDONESIAN share prices fell 1.1 per cent yesterday with rises in tobacco stocks cushioning early sharp falls due to the weakness of other regional markets, dealers said. The Jakarta Stock Exchange Composite Index closed down 4.38 points at 405.83, Off a low of 402.38.
      AFP  -  742 words
  • Page 21 Advertisements

  • 9715 22 SGX MAXMBO ARD Transaction date: Jan 3 Or Cr M Wt 52-Wk Last Vol Day Last Ouot* Dlv Ota YM Nat Cap Av« High Lew Company Sala COOP) High Low Buyer Seller H C'yr H P/E >mH Prtea MULTI-INDUSTRY 163 65 m c Acma 50e 68.5 -1.5 44
    9,715 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 622 23 ms® .1 'juIMW 1 i t) Where to wine, dine and entertain../""? tmaM^Ss ANEW CONCEPT IN LEISURE DINING International Fare Weekdays 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)
      622 words
    • 49 23 %faH TEA FAVOURITES fn/oy local and Western favourites in a daily I high-tea buffet at The Mezzanine Cafe Bar 12:00 noon to 5:00 pm daily Weekdays: $22.80+++ Mezzdfw Weekends: $2380+++ Reservations: 831-6286 Mantiarirt Singapore s mm am 333 Orchard Road, Singapore *****7 mmTT Tel: 737 4411 Fax: 732 2361
      49 words
  • Page 23 Miscellaneous
    • 964 23 The Business Times, Thursday, January 4,2001 n „t,*— a i 8.00 Guiness World of Re- 7.00 Fikir-Fikir. (R). nm;<w;(ivenxrai cords. 7.30 Tirai: Ikatan Suci. 2.00 Headline Graphics. fyl 9.00 AM Kids Central: Ses- 9.00 Upfront With Najip. 8.00 Berita. 2.02 to 6.00 am Real-time ame Street. 9.30 News 5 Tonight.
      964 words
    • 300 23 CRYPTIC CROSSWORD ACROSS cranky (8) 5 A Minute log (6) 6 Talk about the right map (5) 8 Questioned cut-back and got 7 Returned hoard divided by revoout (8) lutionary (8) 9 Foreign representation (7) 12 A crawler and a heartless fool 10 A plant for the southern border (3)
      300 words

  • New Asia Biz Woman.
    • 913 24  -  Hillary Rodham Clinton is more than just US first lady and senator-elect Linda Bales looks at the woman who is also a decorator in her own right. Linda Hales LAT-WP ANY roster of American design icons would include Charles Eames and Maya Lin. But Hillary Rodham
      LAT-WP  -  913 words
  • Page 24 Advertisements
    • 132 24 projecteyeball. ..i%aimSt -v s Jfc i f |r^^|H|H pMr |HM|HH^^. J f^^p■ Ik H^H I 'jBBEsP I ®l ¥£ivMlHil^l I I (if IpnSS Ifc X IIgHH nF JS T W'™ I SI U^llwl **i Mb* ■MB n i JB''J MB r*j*W v faS '-^lB!SS j 'Jnr JEgf" MiiiMlßwr iIImTi T^iW^m^mHP^tM
      132 words

  • HOUSE HUNT
    • 1193 25 PROJECTNAME/ PROP CONTRACT TENURE BWLT-W PRICE PSF STREET NAME TYPE DATE LANDAflEA* (SOFT) (SS'OOO) (S$) District 09 Non-landed AspenHt Apt" 21/10/00 999 3122 2800 897 Cairnhill Plaza Apt 29/11/00 FH 2820 2300 816 CavenaghHse Apt 20/11/00
      1,193 words
    • 615 25 BANKS/FINANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6-10 YEAR 11-36 x ABN-AMRO Bank (max of 30 yrs) 3.2500 4.0000 4.7500 4.7500 4.7500 4.7500 4.7500 DBS~* Completed properties 2.7500 3.9000 5.0000 5.0000 5.0000 5.7500 5.7500 Properties under construction 2.7500 3.9000 5.0000 5.0000
      615 words
  • Page 25 Advertisements

  • HOME RENOVATION
    • 1005 26 Before you start tearing down your home and renovating it, you'll need to get approvals from various government bodies. The Singapore Institute of Architects walks you through the formalities and procedures FINALLY, after months of redrawings, you have approved your architect's design. It is time to
      FILE PHOTOS  -  1,005 words
    • 480 26 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE (sq ft) LAUNCHED UNITS SOLD ($psf) 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
      480 words
    • 249 26 Renovations that do not need approval of plans or permits from the Commissioner of Building Control I Single-storey buildings Erection of any single-storey detached booth, kiosk, guardhouse or similar type of building, under 10 sq m Erection of single-storey trellis, pergola, shelter or similar type
      249 words

  • PROPERTY
    • 1040 27  -  The economic rebound in the Asia-Pacific region has opened wide a window of opportunity for the serviced apartment sector, says choe peng sum CHOE PENG SUM The writer is chief operating officer, Fraser Serviced Residences Pte Ltd WITH the exception of Indonesia, the Asian economies have
      FILE PHOTOS  -  1,040 words
  • Page 27 Advertisements
    • 33 27 2-STY GOOD CLASS BONGALOW FOR SALE Location: Bukit Tunggal Land area: 15,000 sq ft Age: 5 years old •Tenancy: $18,000 p.m. For Enquiries: ***** 791 rflSi C-A-T.S.| Buy It. Sell It. Find It.
      33 words
    • 93 27 FOR SALE BY TENDER Land Area: 1141.1 SqM 144,574 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 ITHUR), 4PM FACTORIES IN TUAS FOR SALE Description 5 blocks of single storey purpose built factory warehouse and office
      93 words
    • 107 27 MORTGAGEE'S IB)M| SALE iifff VTTI PROPERTY CONSULTANTS i&JL e==^ 5Si m ana p 55 Wl ROAP 1 Auction Date: 16 January 2001 Land Area: approx. 38,675 sq.ft Gross Floor Atm: approx. 39,289 sq.ft Tenure: 30 years LEASEHOLD wef p or enquiries: 1/7/1990 (with an option to renew a further term
      107 words
    • 132 27 As Instructed by The Methodist Church in Singapore Prime Residential Site At Mount Sophia Close to Dhoby Ghaut MRT Station II S! Nanyang Site area: 114,824 sq ft wISPES* SSS /o/ K W\ (WHkie Campus) AW Plot ratio: 2.1 /o/ laSate VV//W •Written Permission Building Plan I Approval obtained for
      132 words

  • EXECUTIVE Suite
    • 757 28  -  Old walk-up apartments are enjoying a new-found popularity among the young and the hip, but their days may be numbered, vdtce chomg reports VINCE CHONG Popular in the 1960s and early *****, when public-housing coffers were not well endowed enough to provide lifts in buildings of
      ARTHUR LEE; FILE PHOTO  -  757 words
    • 132 28 ARCHITECT and part-time TV actor James Lim has lived with his two children in a rented colonial walk-up on Westbourne Road for more than 20 years. Costing $1,200 a month, this quaint and cosy pad comes complete with an antiquated bath and a balcony nestled among
      ARTHUR LEE  -  132 words

  • SHIPPING TIMES
    • 290 29 Reuters THE Baltic Dry Index was unchanged at 1,599, the Baltic Panamax Index gained three points to 1,565, the Baltic Handymax Index fell 31 points to 9,400 and the Baltic Capesize Index was unchanged at 2,186. Freight rates have held up well over one of the quieter Christmas
      Reuters  -  290 words
    • 301 29 sex 'ooo Jul SS Yd CWT Distribution 0.58 unch 0 Chuan Hup 0.38 0.02 2875 Cosco Investment 0.15 unch 6 Freight Links 0.11 unch 45 GB Holdings 0.46 -0.02 15 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 0.15 unch 498 Keppel Corp 3.16 -0.18 2223 Keppel FELS 1.07
      301 words
    • 295 29 More survivors are not expected to be fonnd despite renewed search attempts [ANKARA] Turkish police have detained the Greek master of the Pati, a Greecebound bulker which sank off the shores of Turkey's southern Antalya on Monday, leaving eight dead and some 50
      295 words
    • 111 29 AFP [RABAT] A Cyprus-regis-tered tanker transporting 29,400 tonnes of fuel suffered a crack on its main deck and has been languishing off Morocco's northern coast for 48 hours, the Moroccan navy said late on Tuesday. The tanker has a 20-metre crack in
      AFP  -  111 words
    • 192 29 Oana-Kyodo [TOKYO] Japan is mulling an antipiracy pact with the Association of Southeast Nations (Asean) to allow Japanese maritime authorities to join international patrols in piracy-prone waters in South-east Asia, the daily Sankei Shimbun said yesterday. The UN Convention on the Law of the
      Oana-Kyodo  -  192 words
    • 263 29 LAT-WP [WASHINGTON] Presidentelect George W Bush has named Norman Mineta yesterday to be his Secretary of Transportation. In selecting Mr Mineta, Mr Bush finally fulfilled a goal he and other top aides had articulated several times in the wake of the bitterly
      LAT-WP; AFP  -  263 words
    • 269 29 Bloomberg [SEOUL] Hyundai Merchant Marine Co and Hanjin Shipping Co, Korea's two biggest shipping companies, said they expect rising demand for cars, oil and other products helped them post record sales in 2000. Hyundai Merchant, which operates a wide range of container ships,
      Bloomberg  -  269 words
    • SHIPPING news
      • 755 30 Shippers can opt to insure their inventory under the cheaper marine policy instead of the expensive property policy JOC THE property insurance market is tight, with many companies having no choice but to renew policies with a 25 per cent increase in rates.
        JOC; REUTERS  -  755 words
    • 185 30 PAGE Appenship 5 Assets 5 Austral 6 Balaji Shpg 5 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Cho Yang 5 China Shpq 5 Cougar 7 ft CWT Globelink 7 Delmas 4 Djak Lloyd 6 Dongnama 3 Eastrans 6
      185 words
    • 11815 36 THEBUSINESSTIMES Page 8 EXPORT THURSDAY, JANUARY 4, 2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number imhHbbhmhbhbhmhhbbbbmbhb To ABIDJAN (ABJ) 2003 Cote D'lvoire 11/01 17/02 COSCO HUMEN BRIDGE 0011W 65-*****00 16/01 20/02 Del mas VILL DE TAURUS A41W 65-*****44 17/01 03/03 COSCO EMPRESS SEA
      11,815 words
    • SHIPS IN PORT
      • 687 38 Vessel Voy No Berth Arrival Departure Kimcaprkorn Th09 J15 03/01/9:00 03/01/13:00 C Success 01-Feb JK> 03/01/8:45 03/01/17:00 Winstar 1 001S01 J03 03/01/7:00 03/01/2100 Bayswater118 M10TI J02 03/01/8:45 03/01/16:00 Royal Freigh 2 J02 03/01/9:20 03/01/17:30 Bt Putra Ban 05-Jan J01 03/01/10:30 03/01/19:00 Bt Nurdiana ***** J01 03/01/1100 03/01/23:00 Empress
        687 words
      • 1972 38 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Ptrlod From To From ACX GARNET 17$ 4/11:00 02/1500 02/1659 Frt-00 2A 02/1700 03/0459 03/0*00 21 02/1700 03/0459 03/0900 3 03/0700 03/1159 03/1400 4 03/1200 03/1459 03/1700 AC* SWAN 433E 5/3:00 02/000 02/1459 F*00
        1,972 words
      • 196 38 Jan Finland: Epiphany. Italy: Epiphany. Sweden: Epiphany. Jan IB Japan: Adult's Day. USA: Martin Luther King's Jr, Birthday. Jan 23 Taiwan: Chinese New Year Eve. Jan 24 Brunei: Chinese New Year. China: New Year Holiday. Vietnam: Chinese New Year. Jan 24-28 Singapore: Chinese New Year. Malaysia: Chinese New
        196 words
      • 790 38 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 mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        790 words
      • 601 38 Carbon 180 Max 993.0 0.4 14.6 0.08 72 0.02 Det 28 Density Water ResMue Ask Aluminium Sediment No above E25 1 0 0 0 0 0 380 Ave 988.5 0.3 13.3 0.06 23 0.01 Cum 380 Max 993.0 0.6 15J 0.08 38 0.03 OAri »y/y »«/M
        601 words
    • AIR & LAND transport
      • 457 39 But its shares slide 6.1% after Wall Street analyst's downgrade Reuter [SEATTLE] Boeing Co on Tuesday said it delivered 130 commercial jets in the fourth quarter of 2000, boosting its full-year total to 489, in line with previous forecasts by the world's largest
        Reuter; AFP FILE PHOTO  -  457 words
      • 309 39 One is led by Hochtief AG, and the other, by Uniqne Zurich Airport Reuters [NEW DELHI] Two consortiums have been shortlisted to build a US$3OO million (Sss2o million) airport in the southern Indian city of Bangalore, an Airports Authority of India official told
        Reuters  -  309 words
      • 390 39 Reuters [TAIPEI] EVA Airways said yesterday it would buy two Airbus A 330-200 wide-body passenger jets and lease six more a move that would break The Boeing Co's monopoly of the Taiwan carrier's fleet. EVA, an affiliate of transportation conglomerate
        Reuters; FILE PHOTO  -  390 words
      • 272 39 Bloomberg [NEW DELHI] Air India Ltd, the state-run national carrier whose shares are being sought by global airlines such as Singapore Airlines Ltd and Air France SA, is looking to cut its fuel costs with hedging and by buying
        Bloomberg  -  272 words
      • 177 39 Reuters [HONGKONG] South Korea's second largest carrier, Asiana Airlines, has launched an innovative US$65 million (Ssll3 million) asset securitisation deal based on future revenue from ticket sales, arranger Chase Securities said on Tuesday. Under the deal a special purpose vehicle called OZ Receivables pic will
        Reuters  -  177 words
      • 223 39 Regional airline's landing and take off slots at Aussie airports draw rival bids AP [SYDNEY] The Australian Competition Consumer Commission (ACCC) yesterday questioned the country's two biggest airlines over their battle to purchase regional carrier Hazelton. Spokeswoman Lin Enright said the ACCC met with
        AP  -  223 words
      • LOG Book
        • 87 39 AP [PARIS] An explosion caused by a small homemade bomb damaged a government office in the freight zone of Charles de Gaulle airport north of Paris, but caused no injuries, police said on Monday. The explosive, placed outside the doorway of a state
          AP  -  87 words
        • 105 39 AFX-Asia [SHANGHAI] Shanghai's Hongqiao and Pudong airports processed 17.78 million air passengers in 2000,21.29 per cent more than in 1999, the Shanghai Airport Authority said, according to the Shanghai Daily. The report said 12.28 million of these passengers passed through Hongqiao airport, while the remainder
          AFX-Asia  -  105 words
        • 120 39 Bloomberg [PHOENIX] America West Airlines said it is cutting fares to and from Las Vegas by 15 per cent, when tickets are purchased over the Internet between now and Jan 7 for travel from that date to Feb 28. The carrier, a unit of America
          Bloomberg  -  120 words
      • 1889 39 OTT flltWT CT* fUQff ETP MUM 6f249 0TB AdtiiMt 8A7381 (930 8A7382 2050 Of81 1930 0F82 2050 AN8229 2230 LH6380 2230 $0229 2230 Amsterdam AH8327 0740 GA978 0120 NZ4327 0740 KUM44 0125 S0327 0740 KL0838 2335 *****37 B35 S024 2340 mm S0347 QMS S034I 2359 MM
        1,889 words
    • LOGISTICS page
      • 642 40  -  BALtrans fears operators will have to bear very high rentals at airport's logistics centre, reports FT Bangsberg P T Bangsberg ONE of Hongkong's largest forwarders and logistics providers .is pulling out of the territory's plans for a logistics centre at the
        FILE PHOTO  -  642 words
      • 236 40 [SINGAPORE] FedEx Express recently doubled the size of its gateway facility at the CIAS cargo centre in Changi. The expansion came about as a result of the express transportation company's increase in capacity at its Alexandra Distripark station. With the expansion from 3,000
        236 words
  • Page 29 Advertisements
    • 208 29 pulls out of HK airport bid inimnjiill*,4" Shippers can use marine policies to reduce costs m i\i Boeing on target with 489 jet delivery .111/ TT CLUB THE TRANSPORT MUTUAL TRANSPORT CLAIMS SPECIAUST A claims specialist is sought by Thomas Miller (South East Asia) Re Ltd to join an energetic
      208 words

  • Page 30 Advertisements
    • 214 30 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. Ny kl ine.com I ■m" W*iwwwiiii i. mm iii 'niiiiii Af
      214 words
    • 733 30 ASS* Lines services represented by I Members of the Registry of Members of the Egjpl/ Accredited Shipping Agents, Sin9apore Lo 9 isHcs Singapore Shipping Association Association ULY UNI MALE yQY rjjjjj ETA P. KLANG SPORE MALE Princess Uly VOlOl 16/01 17/01 25/01 Empress Uly VOlO2 01/02 02/02 10/02 Princess Uly
      733 words

  • Page 31 Advertisements
    • 1179 31 SAX SERVICE (DIRECT) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI COi HUM All NYC API JAM 024E 08/11 23/11 28/11 28/11 28/11 28/11 28/11 28/11 29/11 29/11 API GARNET 024E 15/11 30/11 05/12 05/12 05/12 05/12 05/12 05/12 07/12 07/12 API SPINEL 024E 22/11 07/12 12/12 12/12 12/12
      1,179 words
    • 1976 31 TO: COLOMBO 1 EVERY MONDAY I 14 DAYS) J I" GENERAL AGENTS IN SINGAPORE: 80 RMINSON RD TEL *****00 FAX: ***** M OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR MM PTE LTD #12-00 SALES/BKGS 420M57/43 INWARD DEPT (D/ 0) *****#* COSTAR AGENCIES (M) SDN BHD CR NO; **********0 M SINGAPORE *****1
      1,976 words

  • Page 32 Advertisements
    • 1696 32 C SENATOR LINES TO UK/CONTINENT TO MEUfIKKRANEANCANADA VESSEL VOV «N*" LEW BTW AWB HAW BHV FIX VESSEL VOY SIM GIT SPt FOS VIC MTB PUSAN SENATOR 0016W 02 01 19 01 20 01 22 01 23 01 24 01 25 01 JAPAN SENATOR OS3BW 04.01 21 01 23 01 25
      1,696 words
    • 941 32 MACHELS B'MRE M'SIA I LINES, P. GUOANG: (07) *****26 I I IVvV cmmottmmrmwnm SBU: (084) *****9 MAffILA: (632)*****24 V l w PENANG: (04)*****36 BANGKOK: (862) *****57 SURABAYA: (31) *****11 P. KELAKQ: (03) *****77 JKP. (21) *****46 KUCHXQ (082) *****1-3 MANILA lAEMCHABANG MV "YE LAN" V.*****N MV "XETHA BHUM" V.369N ETA
      941 words
    • 667 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO. MUMBAICOLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN 1.C.0. POINTS Vessel S PORE N. SHEVA COCHIN COLOMBO PKLANG PU GLORY VIO3W 07 JAN 16 JAN 21 JAN 26 JAN TULSIOAS V 136 14 JAN 23 JAN 28 JAN 02 FEB FRONTIER VIO4W 21
      667 words

  • Page 33 Advertisements
    • 1392 33 I VESSEL VOY KHH HKG SIN I PKL PXB BAB PMM UK IRAN TABATABAEI PCL-188 02/01 03/01 06/01 07/01 16/01 17/01 19/01 21/01 IRAN KERMAN PCL-189 09/01 10/01 13/01 14/01 21/01 22/01 24/01 26/01 IRAN ISFAMAN PCL-190 16/01 17/01 20/01 21/01 28/01 29/01 01/02 03/02 IRAN HORMOZGAN PCL-191 23/01 24/01
      1,392 words
    • 425 33 I Loading for AROSIA RDM/ATW/BMN/UK I DON FRANE BULIC RDM/ATW/BMNAJK I Loads Singapore. EVW Malaysia. Indonesia J Loading for PINAR KAPTANOGLU JDH/AQA/DMT FAARABI HDO/JDH/AQA GTS HORIZON DBl/ABU/DOH/BFtN/DMM/KWT DORTHE OLDENDORFF JDH/AQA/DMT/TRP 'Loads Singapore, EVW Malaysia. Indonesia I Loading for I ALMA VITA NOL/SAV/CAM/TMP I "Loads EVW. Malaysia, Indonesia 1 IS'pore Loading
      425 words
    • 1728 33 EUROPE EXPRESS SERVICE EXPORT I IMPORT VESSE I VOY SI UH KTM AW HAM »HY FLX VESSEL VOY KIM HAM FLX Lffl SW HJPOtTUND 040W 09/01 26/01 2»/01 29/01 30/01 31/01 01/02 HJ AMSTERDAM 006E IV? 2 2 21/12 0?/0' US. 38? $Si 9S& !W8 88 fig EHH. -S3 Sfli
      1,728 words

  • Page 34 Advertisements
    • 1184 34 ARABIAN PERSIAN OUf /MDUN SUM COKTMMT SKVKX IXPOMT VESSB VOYAGE SGP CMI DW JBA AMI DMN lAH KM NXV BIMG H€ 0144W 05/01 14/01 11/01- 22/01JNI AMPIi 0446-034W 07/01 12/01 17/01 18/01- UNI PATRIOT 015M12W 01/01 13/01 19/01 22/01 YIN HE 01I7W 12/01- 23/01- 25/01 21/01UNI ASSENT 0447 024W 14/01
      1,184 words
    • 922 34 VKSH VOT SW OKI JDf L£M VBSB VOT SW *T PJBI QUMAIHUM ISSN 04/ DI 10/01 W/01 CTIMiM I ittl ~OgBI Ml tfTHAIHUM" 34* 07/01 10/ DI 11/0! IjjL W/0 10*1 SMMAMAMI m 0»/0l 12/01 12/01 Ore M/ 0 12/ M 1 nmw* SM JgZBJ IMI IM!_ mum iws mm
      922 words
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  • Page 38 Miscellaneous
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