The Business Times, 9 January 2001

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Microfilm: NL22112
Total Pages: 43
1 44 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 028/12/2000 SINGAPORE Internal: http://business-times.asial .com.sg/ TUESDAY, JANUARY 9, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    75 1 □sn U6L2O (-23.62) BT-SBI ***** (-2.39) ST INDEX FOTUBES U6&00 (-18.00) SMSCI FUTURES 256L50 (-3.70) STOCK MARKET INDICES Monday Change KLSE COMP .676.00 +4.82 NIKKEI 225 dosed HANG SENG 15,436.53 1108 SET INDEX ***** +9.06 JAKARTA COMP 416.77 -J.05 MANILA COMP _.1,***** +2530 TAIPEI WPI 5,***** -197.02 SEOUL
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  • Article
    Lock icon FINANCE
    74 1 fobex bates us$ s$ US$ (S$ per US$) 1.7*1 £(US$/SSper£) 1.608 1611 EURO(llS$/S$/E) 0.956 MB! DM 2.048 1.183 YEN 116.4 6710 RM 3.800 1196 HKS 7.800 4.606 BAHT 43.10 24.89 RUFIAH 9,520 5,498 PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.87 JAKARTA ..$8.00 BANGKOK MANILA 11.00 HONGKONG 8.50 TAIPEI 7.84
    74 words
  • Article, Illustration
    Lock icon NOL buys Florida's GATX Logistics for US$210m
    837 1  -  Move pings gap in NOL's supply chain management business By* Siow Li Sen [SINGAPORE] Neptune Orient Lines is buying Floridabased GATX Logistics, the second largest warehousebased contract logistics company in the US, for U*****.5 million (***** million) in cash, as part of an
    837 words
  • Article, Illustration
    Lock icon Buyer of HSBC's Jervois Rd site stands to bag $15m
    725 1  -  By K&lp&na Rashiwala [SINGAPORE] The buyer of Hongkong and Shanghai Banking Corporation's Jervois Road land stands to make up to $15 million in pre-tax profit from subdividing the freehold site and selling the bungalow plots individually. Duchess (Nassim) Development Pte
    725 words
  • Article, Illustration
    Lock icon SM Lee warns of sudden fall in US spending
    484 1  -  Growth forecast ofs-7%conldbe 'ont of reach' By Anna Teo [SINGAPORE] Singapore's official growth forecast of 5-7 per cent for 2001 hinges on the US economy growing 2.5-3 per cent, and could be "out of reach" if there is a sudden drop
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      228 1 MSmE Top Stories Thaksin's victory: No market euphoria, but there certainly is optimism. Next Page Hongkong's M&A moving fast as red chips revamp. Next Page STE net profit jumps 44 per cent. Pg 7 It is within our power to shape a much happier future. Pg 22 KNOWLEDGE ECONOMY Jh
      228 words
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  • NEXT page
    • Article, Illustration
      Lock icon Thaksin victory boosts Thai stocks
      683 2  -  Index gains 3% on optimism he'd be pardoned, economy would be boosted From] Harish Mehta in Bangkok THE dazzling triumph of Thaksin Shinawatra in Thailand's general election failed to induce market euphoria, but it sparked guarded optimism that the indicted telecoms tycoon would be pardoned
      Photo: Reuters, AFP  -  683 words
    • Article
      Lock icon M&As moving fast as red chips dispose of HK assets
      545 2  -  S'pore-linked CyberCity set to take over Hing Kong Fromi Quak Hiang Whai in Hongkong HONGKONG'S mergers and acquisitions market is off to a good start this year as what appears to be major restructuring in the mainland-con-trolled red chip 9ector§s
      545 words
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      149 3 "r, 5F' ->=■ i i-1^ I I fl 4 ■K. H r 'v/A-'t^-i .Sjflß-; &KS" **£>•/ m| 9,; J^^^B \L_f 4is the glass half empty? VS.*-- i F*"i -VI,V t®/.w -^n-is-Qr u V'' I fiiliij"'iiiiif ill if B ;^ißi^ p H§ f »fc< 11 I *is it hall lull? n
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SembCorp Utilities to spend $500m on new projects
      764 4  -  This is on top of the $lb-s2b it expects to pay for a power generation plant from the govt By Conrad Raj SEMBCORP Utilities (SU), the power, gas and utilities arm of SembCorp Industries. is planning to spend half a billion dollars
      RICHARD CHNG  -  764 words
    • Article
      Lock icon SingTel spends US$112m on satellite lease
      553 4  -  Move to ensure enongh capacity in the years ahead From Quak Hiang Whai in Hotigkotig SINGAPORE Telecom (SingTel) continues to expand aggressively its regional telecommunications capacity as the republic's biggest listed company yesterday announced it will spend US$ll2 million (Ssl94 million) to double its
      553 words
    • Article, Illustration
      Lock icon SingTel a 'buy', thanks to its regional expansion
      464 4  -  By Angela Tan SHARES of Singapore Telecommunications have underperformed the Straits Times Index. But many analysts are maintaining their "buy" calls on the telco, which has weathered fierce domestic and international competition. Since the start of last year, Sing Tel shares have
      Source: Reuters  -  464 words
    • Article
      Lock icon No wonder covered warrants are floundering
      748 4  -  HOCKIMJiUMUI r sivanithy DEUTSCHE Bank's covered warrants on Overseas Union Bank shares expire in less than two weeks. And those who took up the instrument originally at 31.6 cents and 50 cents it was issued in two batches would have not made any money.
      748 words
    • Article, Illustration
      Lock icon ST Engg beats forecasts with 44% profit leap
      631 7  -  Group sticks to its annual growth rate estimate of 20-25 per cent going forward By. Angela Tan ST Engineering yesterday unveiled a 44 per cent jump in net profit to $288.14 million for 2000, beating the expectations of even some of the
      ARTHUR LEE  -  631 words
    • Article
      Lock icon ST Engg first past financial results post
      665 7  -  This is all the more impressive given the conglomerate's size, diversity, complexity By Paul Thompson WHILE the size of ST Engineering's profits for the year to Dec 31, 2000 exceeded analysts' forecasts, the lightning speed with which the company released its financial results
      665 words
    • Article, Illustration
      Lock icon AsiaMedic to set up $6m PET imaging facility
      647 10  -  It will partner Australia's Cyclotek; scans allow for early cancer detection iw Teh Hooi Ling SESDAQ-listed healthcare group Asia Medic is setting up the region's first imaging facility which allows for very early detection of cancer and other diseases. Known as positron
      647 words
    • Article
      Lock icon Temasek sells Indecoto Luxembourg's Tyco Group
      254 10  -  $60m offer seen as most attractive and a strategic fit By\ Siow Li Sen TEMASEK Holdings has sold Indeco Engineers to Luxem-bourg-based Tyco Group for $60.1 million. Temasek said yesterday that Tyco's offer was the most attractive based on the offer terms and strategic
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    • Article
      Lock icon OCBC's finatiQ launches on-line planning tool
      215 10  -  By\ Ling Su Ann OCBC Bank unit finatiQ yesterday launched an on-line planning tool to help customers ascertain their financial health and said it will soon introduce insurance products and planning. FinatiQ's "financial wizard" is described as a user-friendly tool that will help users
      215 words
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      112 4 I CFA I Chartered Financial Analyst Financial Perspectives (FP) in conjunction with TTS Asia.com is pleased to announce the launch of our CFA programs on-line. Students will have a choice of on-site and/or on-line seminars. BENEFITS OF CFA® PREVIEW AND PREPARATORY E-LEARNING PROGRAMS DEMONSTRATION ON-SITE/ON-LINE Date: Wednesday 17 January 2001
      112 words
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      139 5 up with l ihhH generation business /f started with e-mails. Then websites. Then people began selling books and airline tickets over the internet. Until its potential became clearer. And companies started using e-business to run their customer relationship programs, their supply chains and all manner of internal processes. Sure some
      139 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon STI drops but ends above day low as tech stocks plunge
      575 6  -  ■UJHMBMHHIidIiI STOCKS r.sivanithy THE rallies of late last week were quickly snuffed out yesterday as technology stocks caved in again after Nasdaq's Friday plunge. Bank stocks and a handful of speculative plays notably Nat Steel Broadway were the only
      575 words
    • Article, Illustration
      Lock icon DB's OUB wrt: attractive but high-risk play
      180 6  -  WARRANT WATCH By 1 R Sivanithy AFTER virtually no interest for most of last year, Deutsche Bank's covered call on OUB saw fairly active trading in November and December. It now costs 1.5 cents and has a conversion price of $7,948. The latter
      180 words
    • Article, Illustration
      Lock icon Hard for HK Land to hold on to gains
      246 6  -  HOT STOCK By'. Teh Hooi Ling HONGKONG Land yesterday surged 23 US cents or about 10 per cent to US$2.5O. The rise is even more remarkable considering that the overall market dropped by 23.62 points or 1.2 per cent. Trading of
      246 words
    • Article
      Lock icon Market Notices
      130 6 GIKEN Sakata's company secretary Eiju Yokota has resigned from his post with effect from Jan 5 following his promotion to senior vice-president. Ng Say Tiong will remain the sole company secretary. The company has also promoted the general manager of the microshaft division Daiyo Komiyama to director of
      130 words
    • Article, Illustration
      Lock icon Asian units advance as euro, A$ retreat against US$
      322 6  -  CURRENCIES larry wee IN a departure from recent price action, Wall Street's sharp fall on Friday hurt currencies favoured as alternatives in Asian trading yesterday, while Asian units rallied. US stock indices ended last week below their Year 2000 closing levels
      Source: Reuters  -  322 words
    • Article
      Lock icon Untitled
      512 6 Stocks Volume SingTel 15c 14,054,000 PCI 25c 11,093,000 Chart Semiconductor 26c 9,116,000 TP A 10c 9,067,000 PacificCenturyl 0c 8,624,000 Omni Ind 10c 6,498,000 STErtgg 10c 6,179,000 CapitaLand 5,559,000 Wing Tai 25c 4,771,000 Roty IntUSlOc 3,803,000 Stocks DBS Grp 64,159,398 Chart Semiconductor 26c 45,583,066 SingTel 15c 38,458,360 UOB 34,880,132 OCBC 32,570,599
      512 words
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      203 6 I -3B'' Wt. J < j sexy gorgeous intense participating Dealers Silicon Graphics~l6ooSW 18" LCD Flat Panel Monitor Funan it Mail The unique Super Wide" screen size, oeca Systems Pte Ltd #03-26 Tei:3J9 WBB high image Quality, and ergonomic design makes Challenger Superstore #06 oo Tel 336 7747 it an
      203 words
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      73 7 Using our own E-Business Suite, Oracle saved $1 billion in 1 year. E-Business Suite Database <2f Marketing Sales Support <&_ J Webstore <sf Procurement ef I Manufacturing Supply Chain Mgmt Financials <&_ Human Resources <&_ How much will you save? www.oracle.com Copyright ©2000 Oracle Corporation All rights reserved. Oracle is
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      112 8/9 FrS Dragages Bi A Singapore Re Ltd WE ARE PROUD TO PLAY OUR PART 111 PRESERVING mum's HERITAGE. iii n gBBHfll I 'v.- ft ilMlini^^^^^B^^^^^MMßMl^WM T" mii in i"'7^^"' z. .I rr <■* BSE K# lilt jj L iij^jijjii— .JMHHHHHMh -t -=i' £—i_l r r H As main contractor for
      112 words
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      207 8/9 PjJ Dragages Singapore Re Ltd With thanks to our many sub-contractors and suppliers who worked with us on the project. J*'') Oscar Faber pcr-perdana consulting pre™ GR§ iconstructionpteltd AR,STA |MTER, o« decor pte ltd Amega Asia Pte Ltd SSKAOA Design KABA Security Pta Ltd INTRACO Limited Tim I rfn J
      207 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Current chip cycle fears unfounded: Fraser-AMMB
      327 11  -  rye vrnrs Byi Anna Teo FEARS of an impending contraction in the current semiconductor cycle sparked by a supply-demand imbalance are unfounded, says Fraser-AMMB Research. Indeed, it does not see a dip in sales in the next three years. "In our view, the risks
      Source: Semiconductor Industry Assoc  -  327 words
    • Article
      Lock icon Why less CPF for older workers?
      150 11  -  Peter Lim Singapore, via Internet I REFER to your article "Higher CPF contributions from bosses" (BT, Dec 29). Given that older workers are capable of giving value-for-money quality work to employers, it is not justified and reasonable for them to receive less CPF than
      150 words
    • Article, Illustration
      Lock icon Asia IT Belt to retain talent
      497 11  -  Cheow Tong sees it as answer to outflow of crucial talent from New Economy By' Yang Razali Kassim ASIAN regionalism this is the answer to the worrying loss of crucial talent for the New Economy. Making the point yesterday, Minister for Communications and Information
      497 words
    • Article
      Lock icon IDA denies plan for 3G perks
      473 11 It dismisses reports of incentives to lore 36 foreign bidders AP THE Infocomm Development Authority yesterday denied it was offering extra incentives to foreign investors in an attempt to lure them into bidding for third generation, or 3G, mobile phone licences. "Contrary to market
      AP  -  473 words
    • Article
      Lock icon Leading Taiwan fund sets up Singapore office
      378 11  -  By Conrad Raj A LEADING Taiwanese fund management company with over US$7OO million (Ssl.2 billion) under management has opened an office in Singapore TCW/YFY Investment Partners (S) Pte Ltd. The Taipei-based parent company is a joint venture, formed in May 1995, between Taiwan's
      378 words
    • Article
      Lock icon LTA to cut Cat C quotas in Feb and March
      235 11 THE Land Transport Authority will reduce the quota of certificates of entitlement for Category C vehicles by 20 per cent in February and March. In a statement yesterday, the LTA said the reduction from 2,452 to 1,962 COEs was necessary
      235 words
    • Article
      Lock icon Varsity panel may take on broader role
      225 11 HAVING already covered the basics, the International Academic Advisory Panel (lAAP) can, at its third meeting this week, discuss broader issues like how universities can be a strategic resource for Singapore, its chairman Yeo Ning Hong said last night. "It may be useful
      225 words
    • Article
      Lock icon US team here for FTA talks
      264 11  -  It will lay groundwork for second ronnd of discussions By( Chuang Peck Ming A TEAM of US experts, as part of the preparation for a second round of talks on the US-Sin-gapore Free Trade Agreement, has arrived to examine Singapore's competition policy, customs and
      264 words
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      86 11 °^£OO^nndQlL"l^.. A|,bert Photo Th« Professional Colour Lab W-tH Complato S«rvlc»» Commercial Exhibition Enlargement for Display Light Boxes Duratrans Display Trans R3 Slide to Print E6 Process Slide Duplication Digital Imaging Digital Prints Inkjet Print Lamination Mount of Kapaline Board Framing Food, Commercial Industrial Photography LAB: Blk 34 Commonwealth Lane #05-26
      86 words
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      62 11 e-Service Archj^ct M >x 4 *|pSte4 JBII Enabling Interactive NettfiNMfl using Award Winning Technology l-nets™ (fi| We help you to build portals by using Jfel our Interactive l-nets™ Technology. Your clients are better able to display Jfeand demonstrate their products and ftljMiJfc services worldwide. 152 Übi Ave 4 #03-00, AnnofCoat
      62 words
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  • FOCUS tdb
    • Article, Illustration
      Lock icon Harnessing a company's brain, heart and soul
      706 12  -  Turning creative ideas into business solutions and not be afraid of mistakes is the way to run a business today byi Choang Peck Ming HAVING a hard time running a business in a fast-changing and complex world? Well, the first thing you can
      CHRIS LOH  -  706 words
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      216 12 THE NSW TRAM EQUATION. SOLVED. itdb/dffii •MOAPOIIC TRADE DEVELOPMENT BOARD INTERNATIONAL DAT MWI Land plots now available at Paya Lebar /Park JBr .-/V; Jf jp sm £jj£j jJRv ''f I Ml Jpr~| WW? Pi Never underestimate the power of a new idea. /Park 21 represents JTC Corporation's new concept for
      216 words
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      24 12 Someone keen on expanding horizons. Someone who will relish the responsibilities. Get the edge in hiring the right one. TbeStraitsTlmes Call 1800 741 1883
      24 words
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  • FOCUS property
    • Article, Illustration
      Lock icon New JTC unit to venture into biomedical sciences
      600 13  -  Ascendas is also in talks to set up a biomedical incubation facility By Vince Chong ASCENDAS, the newly-merged Arcasia Land-JTC International entity, will venture into biomedical sciences as part of a larger plan to expand its portfolio and triple its revenue to
      CHRIS LOH  -  600 words
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      209 13 I I FOR SALE Legal Description Lot 2349N, Mukim 6 Land Area 25,796 sq m Tenure 30 years w.e.f 1 April 1988 30 years Total build-in area 13,193.4 sq m Description of Property Factory with mezzanine office 10,278 sq m Warehouse 1 393 sq m Warehouse 2 :1016.45qm Warehouse 3
      209 words
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      182 13 As Instructed by The Methodist Church in Singapore Prime Residential Site At Mount Sophia Close to Dhoby Ghaut MRT Station •Site area: 114,824 sq ft U •Plot ratio: 2.1 10l v /?m/ i I /w' •Written Permission Building Plan J <C 3^g* Approval obtained for a 125-unit /W PI condominium
      182 words
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      1081 13 [3 AVIMO AVIMO GROUP UMfTED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting of Avimo Group Limited will be held at The Regent Singapore, Tanglin IV, Level 2, 1 Cuscaden Road, Singapore *****5 on Monday, March 5, 2001 at 11.30 a.m. to transact
      1,081 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon US fascination with ruling families
      724 14  -  jmn|H OPINION maureen dowd The writer is a New York Times columnist NYT JACKIE Kennedy understood the power of myth. After her husband died, she planted the shimmering fable of Camelot And she told her shattered brother-in-law Bobby to read Edith Hamilton's The Greek Way.
      NYT  -  724 words
    • Article
      Lock icon IN OTHER WORDS
      83 14 The diversity is a false front Ideologically and in policy terms, it's a right-wing Cabinet Bush is not so much the president as he is the leader of a cabal.' -Franca* Fox Piven professor of political science at the City University of New York's Graduate Center 'You
      83 words
    • Article
      Lock icon Thailand's man in a hurry
      628 14 EDITORIAL THAI voters have given Thaksin Shinawatra a resounding mandate. His Thai Rak Thai party has secured a notable victory against the ruling Democrats. Now the man who calls himself the CEO of Thailand Inc says he will work with his "heart and soul" to
      628 words
    • Article
      Lock icon S'pore yuppies chase financial qualification
      1054 14  -  More preparatory classes needed for the increasingly popular CF A exams By Sun Qian, Tan Kok Hui Both authors are associate professors in the Division of Banking and Finance at Nanyang Technological University. WITH increasing competition and given our kiosu culture, young professionals in Singapore
      1,054 words
    • Article, Illustration
      Lock icon Voters: real winners in Thai polls
      834 14  -  COMMENTARY By Patrick Smith The writer, a longtime correspondent in Asia, is the author most recently of Japan: A Reinterpretation. Bloomberg THAILAND'S governing Democrat Party was quick to concede defeat in national elections on Saturday, which was only right: The party of Prime Minister
      Bloomberg  -  834 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Woman who teaches stars how to speak
      1292 15 NYT PATSY Rodenburg is the most respected voice coach in Britain. In her work with the Royal Shakespeare Company and the Royal National Theatre (where she heads the voice department), she has trained a galaxy of actors, including Judi Dench, Maggie Smith, lan
      NYT  -  1,292 words
  • Page 15 Advertisements
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      273 15 www.sharp.com.sg CUADD cH 0 0 Mobile Ultra Compact Portable Latest DLP Technology. Only 1.3 kg! Incredibly Bright Picture, Versatile Functions lii eHH H PG-MIOS (SVGA) 800 ANSI Lumens XO-PIOXE (XGA) PQ-MIOX (XGA) 800 ANSI Lumens 3,000 ANSI Lumens Compact i Conference/Large Venue Mid-Range Models: True SVGA Network Capable Large Easy
      273 words
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      172 15 we now fly 52 Flights per week to Discover the new GARUDA INDONESIA GA 823 0750 0830 Daily QA 822 0645 0925 Daily dWHrtwanta) GAB2S 1055 1135 Dally HMHHnlimintol j GA 858 0835 1115 Daily GA 977 1240 1320 Sat (6) J GAB 24 0935 1215 Dally GA 975 1255
      172 words
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  • e-NEWS
    • Article
      Lock icon SAP posts 40% rise in 4th-qtr operating profit
      404 16 FRANKFURT The German software company's shares surge 10% after the better-than-expected results Bloomberg, Reuters SAP AG, the world's biggest maker of business management software, said fourth quarter operating profit rose more than 40 per cent, exceeding the company's expectations. The company said
      Bloomberg,; Reuters  -  404 words
    • Article
      Lock icon Vodafone shares dive on Hutchison bid to cut stake
      517 16 LONDON HE group issues USs2.sb bonds that are convertible to Vodafone shares Bloomberg, Reuters HONGKONG conglomerate Hutchison Whampoa yesterday moved to sell a 1.1 per cent stake in Vodafone Group pic, sending shares in the British mobile phone giant sliding 6
      Bloomberg,; Reuters  -  517 words
    • Article, Illustration
      Lock icon eBay pays US$120m for control of Korea's Internet Auction
      426 16 SAN JOSE Purchase gives it 2.8 m users in Asia's second-largest online market Bloomberg, Bloomberg EBAY Inc will pay about US$l2O million (Ss2oB million) in cash to buy control of Internet Auction Co, Korea's largest online auction company, as it expands
      Bloomberg,; Bloomberg; Reuters  -  426 words
    • Article, Illustration
      Lock icon CyberWorks sets deadline for banks
      449 16 They have till Friday to accept new terms fixed last Friday Bloomberg [HONGKONG] Pacific Century CyberWorks has given banks until this Friday to accept new terms for its US$4.7 billion (SsB.l billion) loan, after lenders baulked at earlier conditions for the credit. Bank of China,
      Bloomberg; AFP  -  449 words
    • Article
      Lock icon Q3 profit soars 142% for India's Satyam
      312 16 NEW DELHI Software developer says new orders and higher fees from customers boosted earnings Bloomberg SATYAM Computer Services Ltd, India's fourth biggest software exporter, said third quarter profit more than doubled, boosted by 24 new orders from companies such as Chubb Corp and
      Bloomberg  -  312 words
    • Article
      Lock icon HK's iRegent sells KoreaOnline stake
      311 16 HONGKONG The USslBom deal will see HK-based fund pulling out of South Korea Reuters HONGKONG-BASED investment fund ißegent Group Ltd yesterday said it had sold its 46.4 per cent stake in Korea Online to a subsidiary of the Korean company for US$lBO million (*****.4 million).
      Reuters  -  311 words
    • Article
      Lock icon A third of Web firms could run out of cash: Barron's
      226 16 NEW YORK Reuters MORE than a third of publicly traded Internet firms seem destined to run out of cash by the end of the year, Barron's financial newspaper reported on Sunday. According a study for Barron's conducted by Pegasus
      Reuters  -  226 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon KL market gets a boost from improving political climate
      572 17  -  But stocks not expected to stage a sustained rally in the near future From Eddie Toh in Kuala Lumpur SIGNS that the country's political climate is turning for the better, an impending Cabinet reshuffle, and assurance about equity prices all added
      AP  -  572 words
    • Article
      Lock icon M'sia SC chief sees 24 brokers by year's end
      469 17  -  3 have applied to be 'superbrokers'; 6 preparing proposals Frornl Diana Oon Abdullah in Kuala Lumpur SECURITIES Commission chairman Ali Abdul Kadir yesterday said he expects the number of existing stockbroking licences to be reduced to 24 from 60 by yearend.
      469 words
    • Article
      Lock icon Full foreign equity rule extended
      238 17 KUALA LUMPUR AFP MALAYSIA has extended a concession allowing full foreign ownership of most new manufacturing ventures, it was announced yesterday. Curbs on foreign investment in manufacturing were first relaxed in July 1998 when recession hit. International Trade and Industry Minister Rafidah Aziz said the
      AFP  -  238 words
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      297 17 free miles. Reward Yourself. Just join one of the following oneworld™ member airlines Cathay Pacific frequent flyer programmes: Cathay Pacific Marco Polo or Asia Miles, British Airways BRITISH AIRWAYS Executive Ciub, Finnair Plus or Qantas Frequent Flyer. And when you take your first eliqible fliqht on the oneworld alliance between
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  • REGIONAL news
    • Article
      Lock icon IMF sees light on BI change, says Jakarta
      444 18 JAKARTA Wahid spokesman says previous board members linked to Suharto regime Reuters THE International Monetary Fund, after previously objecting, now understands Indonesian President Abdurrahman Wahid's desire to replace the leadership of the embattled central bank, a spokesman said yesterday. "The IMF, which
      Reuters  -  444 words
    • Article
      Lock icon Govt to block Tommy's bank accounts
      277 18 JAKARTA AFP INDONESIA'S attorney general is planning to move this week to block the bank accounts held by the fugitive son of former president Suharto, a report said yesterday. Attorney General Marzuki Darusman was quoted by the Kompas daily as saying action to block
      AFP  -  277 words
    • Article
      Lock icon Thai bad loans make little headway
      226 18 BANGKOK Bloomberg THAI financial institutions saw little change in the overall level of bad loans for a second month in November, as loans turned bad faster than banks could reclassify them by easing repayment terms. Non-performing loans those on which payment is at least
      Bloomberg  -  226 words
    • Article, Illustration
      Lock icon Ajinomoto protest
      61 18 [JAKARTA] An Indonesian Muslim protester burns small packets of the recently-banned taste enhancer produced by a local subsidiary of Japan's Ajinomoto Co during a demonstration in Jakarta yesterday. Indonesia arrested several senior Ajinomoto officials and sealed its factory and warehouses after ordering the firm to stop selling products
      REUTERS  -  61 words
    • Article
      Lock icon Prosecution seeks admission of two cheques as evidence
      377 18 MANILA They say 8m peso cheques will prove Estrada's graft AFP PHILIPPINE prosecutors yesterday said they plan to ask President Joseph Estrada's graft trial to allow as evidence two cheques deposited in his wife's bank account, which they claim are for illegal
      AFP  -  377 words
    • Article
      Lock icon Navy plane with senior officers missing over Irian Jaya jungle
      370 18 JAKARTA AFP AN Indonesian navy airplane carrying the chiefs of the Irian Jaya military and police commands went missing over the mountainous jungles of the easternmost province of Irian Jaya yesterday, officials said. "The airplane left Timika for Jayapura at
      AFP  -  370 words
    • Article
      Lock icon Too many 'ifs' in Indon markets
      830 18  -  Analysts expect another sombre year, citing a host of uncertainties Prom Shoeb Kagda in Jakarta FOR much of the year just ended, Indonesia's stock market was buffeted by one political scandal after another. For 2001, the outlook is for much more of the same.
      830 words
    • Article
      Lock icon Charles Ho's firm to buy Lazard's Sing Tao stake
      480 19  -  Global China will pay HK5355.6m for slightly more than 51% of media firm From, Audrey Tan in Hongkong ENDING months of intense speculation, tobacco heir Charles Ho yesterday confirmed that his Global China Technology Group will buy over slightly more than
      480 words
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      Lock icon Taiwan exports rise 9.8% in Dec
      151 19 TAIPEI Bloomberg TAIWAN'S export growth slowed for a third straight month in December as overseas customers bought fewer semiconductors, computers and mobile phones. Exports rose 9.8 per cent from a year earlier to US$l2.l billion (Ss2l billion), the Ministry of Finance said. That lagged
      Bloomberg  -  151 words
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      Lock icon The news or the newspaper?
      49 19 [SHANGHAI] Australian media magnate Rupert Murdoch (centre), accompanied by his wife Wendi Deng (background right), visiting the Shanghai Daily's editorial centre yesterday. Mr Murdoch is on a business trip to China. His News Corporation subsidiary Star TV recently opened an office in Shanghai. REUTERS
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    • Article
      Lock icon Railcom launched, posing threat to China Telecom
      292 19 BEIJING Move comes as latter gears up for US$B-10b stock liking Reuters CHINA Railway Telecom has been officially launched, state media reported yesterday, posing a competitive threat to China Telecommunications Corp which is preparing to attempt Asia's largest-ever stock listing. Railcom, China's sixth
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      Lock icon PetroChina speeds up plan to cut jobs
      108 19 HONGKONG Bloomberg PETROCHINA Co, China's largest oil company, said it cut 38,000 jobs last year at a cost of 3.15 billion yuan (*****.5 million), in a move that will save China's top oil company more than 700 million yuan a year. The staff
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      728 18 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF TRADENEXUSPTELTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of TRADENEXUS PTE LTD, duly convened and held on 4 January 2001
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      318 19 mi M ~'-i& .f 1 I I I I Earn Double Miles. As a new or current frequent flyer member, you can earn fti Cathay Pacific double miles when you fly First or Business Class with any of the oneworld member Aer |_ingus airlines between January 1 and March 31,
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  • WORLD news
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      Lock icon Samsung asked to help Hyundai
      474 20 SEOUL Both govt and Samsung deny report that it is a takeover directive Bloomberg THE Korean government wants Samsung Electronics Co to work with Hyundai Electronics Industries Co, possibly managing its production, to bolster the debtladen chipmaker. Samsung and the government denied a Maeil Business
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    • Article
      Lock icon IMF chief supports further US interest rate cuts
      230 20 LONDON Reuters THE International Monetary Fund's managing director Horst Koehler yesterday voiced support for the prospect of tax cuts and further interest rate cuts in the United States. Writing in the Financial Times, he offered a reassuring view of global economic prospects.
      Reuters  -  230 words
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      Lock icon Feast for the eyes
      68 20 [ROSTOCK, Germany] Zoo warden Micaela Nuernberg, in the background, counting Cuba-Flamingos during the annual stock taking of the inventory of the Zoological Garden in Rostock, Germany, yesterday. It is an annual procedure to count and measure the I,7ooanimals of the zoo, which is—with more than 400,000
      AP  -  68 words
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      Lock icon Euro-zone companies see business improving
      499 20 BRUSSELS Bloomberg EURO-ZONE companies reported an improved business outlook in December, raising the chances that the European economy will outgrow the US for the first time in a decade. A European Commission business climate index, based on companies' order books, production, inventories and output expectations,
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    • Article
      Lock icon Law firm to target airlines in DVT lawsuit
      388 20 MELBOURNE Qantas, BA and SIA among those named by Melbourne-based Slater and Go rdon AFP AN Australian law firm says it has recruited 800 people claiming to be victims of so-called "economy class syndrome" for an upcoming lawsuit against several major airlines.
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      Lock icon Curry pills may prevent cancer
      330 20 LONDON Reuters AN Indian spice used in curry might help prevent and treat bowel cancer, British biotechnology firm Phytopharm Pic said yesterday. Richard Dixey, chief executive of the company which specialises in developing medicines from plants, said turmeric-based food supplement pills against the disease could
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      Lock icon 'Tax haven' talks to seek greater cooperation
      740 20 BRIDGETOWN, Barbados Critics want agreement on a timetable for cooperation Reuters THE fight against international money-laun-dering and tax evasion was to be rejoined in Barbados beginning yesterday when officials from "tax havens" and their critics in the world's wealthiest countries debate the vexing
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      Lock icon Lafarge set to win UK cement maker in £3b deal
      428 21 LONDON Takeover of Bine Circle would create a new No 1 in world cement industry FT LAFARGE, the French building materials group, is poised to make an agreed cash bid worth about £3.1 billion (SsB.l billion) for Blue Circle Industries,
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      Lock icon Smokers sue for health checks
      229 21 FT [WASHINGTON] Healthy smokers are suing the US tobacco industry for US$5OO million (*****.1 million) to pay for medical tests while they continue to enjoy cigarettes. They join a number of Americans who are suing the manufacturers of dangerous products in "medical monitoring" class action
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    • Article
      Lock icon US securities mergers hit US$67b last year
      210 21 NEW YORK Reuters MERGERS and acquisitions (M As) among US securities and investment companies hit U5566.9 billion (*****.7 billion) last year, by far the biggest year ever for the sector, research firm SNL Securities said. In a Saturday statement, the firm said that
      Reuters  -  210 words
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      Lock icon Ford hopes for another hit from the past
      460 21 DETROIT, Michigan Model 49 continnes decade-long, retro-design trend AFP FORD Motor Co unveiled its latest future prototype at the Detroit auto show on Sunday, showing that as with the revival of the sleek and sporty 1950s Thunderbird coupe, it is reaching deep
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      26 20 CATS. Buy It. Sell It. Find It. I www.ocra.com I fc— BUSINESS SERVICES/ PRODUCTS a. The Straits Times Classified I CATS. I Classifications 201 -266. Buyh.seih.Fmdh.
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      74 21 if A fllr r read the best. w J As a business person you are paid to make decisions. That's why you need the newspaper with a global view you can trust. The newspaper that reliably informs you about business and the vital trends in Asia, and around the world,
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  • YEAR 2001
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      Lock icon A future of promise
      1457 22  -  With inventiveness, determination and some self-sacrifice, it is within our power to shape a much happier future, writes John Gee John Gee IF the next century is as ugly as our carelessness, neglect and short-term thinking could make it, life will hardly seem worth living 100
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      211 22 Emptoyment Law borate Sorcmance 16 Januaiy 2001, 8.30 am to 6.00pprm r Inter-Continental Hotel, Singapore *7th January Speaker List Topics; Associate Professor Mak Yuen Teen, Michael Joyce, VidulaVerma, Deputy Head, Managing Partner, VP, Asst. General Counsel Chairman The Contract Of Employment Department of Finance Accounting, Deacons, Compliance Manager, Kim Seah
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      24 22 v A WEEKLY GUIDE TO PUBS AND LOUNGES, EVERY FRIDAY IN THE NEW PAPER FASTADS. FOR ADVERTISEMENT BOOKINGS, CALL 740 6105. fastavis I O
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  • FINANCE & commodities
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      Lock icon Futures head south due to profit-taking
      298 23  -  SGX Derivatives TnMn&Report ST Xndex/MSCI S'pore Index Lau Chee Keong Refco Singapore THE Singapore stock market yesterday finished lower as the weakness of US markets coupled with sagging corporate profits dampened market sentiment. The decision by investors to book profits after two days of
      298 words
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      Lock icon Profit-taking drives futures down
      230 23  -  MS& Taiwan Index Lau Chee Keong Refco Singapore THE Taiwan stock market finished lower yesterday following a slump in US markets last Friday on further earnings downgrades. Weaker-than-expected economic data for Taiwan also contributed to the stock market's fall. The MSCI Taiwan index ended down 4.56
      230 words
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      Lock icon Oil prices firm after Opec agreement
      163 23 ENERGY REPORT Reuters [LONDON] Oil prices firmed yesterday after weekend reports that the Organisation of the Petroleum Exporting Countries (Opec) producers' cartel was agreed on the need tp slash output later this month to avoid oversupply when winter demand tails off. Benchmark Brent continued
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      Lock icon CURRENCY REPORT
      337 23 Reuters London THE euro retreated a cent from recent six-month peaks against the US dollar yesterday, succumbing to profittaking after rallying more than 14 per cent in the last two months on concerns about a sharp US economic slowdown. Traders said the prospect of a rebound in US
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      Lock icon Untitled
      1247 23 nfTBRBAMl CROSS RATES ,hw8 A$ C$ »w> EOT Ffr Dw HK$ Ind 8s KaplaH Van Won BM MZ$ Pali Rs Paso S$ Hand Sfr NT$ Baht Pound US$ Australia 0.85Z 4.722 0.596 3.908 1165 4.437 26.568 54.159 0.662 7.202 2.162 1.256 33.764 28.977 0.985 4.290 0.912 18.660 24.522 0.377 0.569
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      1927 23 SICOM FUTURES Jan 8 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 01 104.75 Mar 01 106.00 1950 Apr 01 107.50 100 May 01 110.00 100 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
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  • STOCKS east asia
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      Lock icon Hang Seng Index dips due to Wall St losses, profit-taking
      2817 24 HOHGKONG AFP PHaiigSeng -11.08 HONGKONG share prices dropped 0.1 per cent yesterday on selective profit-taking and after the sharp losses on Wall Street at the end of last week, dealers said. The key Hang Seng Index lost 11.08 points to
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      Lock icon CHINA
      1029 24 Reuters n Shenzhen B Index -134 CHINA'S hard currency B shares fell yesterday as the approach of the long Chinese Lunar New Year holiday triggered some liquidation, brokers said. The Shanghai B share index ended down 2.78 per cent at 86.96 as turnover surged to U5534.46 million from U5523.97
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      Lock icon TAIPEI
      373 24 AFP □wp Index -107.02 TAIWAN share prices closed 2 per cent lower yesterday on profit-taking in electronics and financial stocks, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 107.02 points to 5,188.51, on turnover of NT5116.43 billion. Risers led decliners 265 to 260, with 77 issues unchanged.
      AFP  -  373 words
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      31 24 A weekly must-read for property buyers and sellers every THURSDAY Tm:!>! sim;ssTimi:s Hie Tokyo market was dosed yesterday Chairperson OR CHAIR SALESPERSON? To fill your vacant positions, just call 1 §00-741-1883.
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      274 25 ■J *ggMp MK^^mhm9MH| MmSmk. S£3L^'^gßßß^^^^pE v- x v wKmmm cP While the world may be getting smaller, its challenges clearly aren't. That's why it's reassuring to know some people have your best interests in mind. People who eat, sleep and breathe your business. So when you talk Mm your Internet
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  • STOCKS klse
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      Lock icon Untitled
      8704 26 INDUSTRIALS Consumer products 2001 Last Vol Day Net Cap Hiqh Low Company Sate OOO High Low P/E Smll Apnomoto 310 17 0 125 6 40 31 Angkasa 35 -3 139 40 31 516 306 286 Apollo Food Hlq 295 64 118 0 332 308 Asia File 312 2 7 316
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      Lock icon KL stocks end higher on bargain-hunting
      404 26 AFP M Composite Index +4ig MALAYSIAN shares closed 0.7 per cent higher yesterday due to bargain-hunting in selected blue chip stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 4.82 points to finish at 675.00. The Second Board index added 3.62 points
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2359 27 BONDS WARRANTS Jans ■t Wrati Prm/ Uplry n-M Lai Vd Dey LmMmM A*| M (M (Mr Mm MUM Wfk lea Csipaey Ma *«r- C000) Mfk lee Beyer Mhr Mm IbmHi) Ml* Mm 1%) hrt|2 lad 47 1.5 > Acme W*****4 1.S 1.3 2.5 2 41.0 1 300 340 45.67 6
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      Lock icon BANGKOK
      745 27 AFP. AFX-Asia SET Index *9.08 THE Thai stock market shot up 3.2 per cent yesterday as investors welcomed unofficial election results showing a victory for Thaksin Shinawatra, analysts said. The Stock Exchange of Thailand (SET) Composite Index rose 9.08 points to 295.84 and the SET 50 index was up
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      Lock icon MANILA
      286 27 AFP rl Composite Index +25.30 PHILIPPINE share prices closed 1.7 per cent higher yesterday with the Composite Index up 25.30 points at 1,494.38. Turnover rose to 399.03 million shares worth 522.2 million pesos from 234.48 million shares valued at 301.5 million pesos on Friday. AFP J»i8 Peso (000) Abacus
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      Lock icon JAKARTA
      739 27 AFX-Asia PftMnDogite Index -3.06 INDONESIAN share prices yesterday closed off lows, with gains in Telkom partly offsetting weak sentiment, dealers said. The Jakarta Stock Exchange Composite Index closed the session down 3.05 points at 415.77, off a low of 413.15, on 576.7 million shares valued at 276.18 billion rupiah.
      AFX-Asia  -  739 words
    • Article
      Lock icon WELLINGTON
      266 27 AFP □HBE-40 -634 NEW Zealand shares closed 0.3 per cent lower yesterday, withstanding tremors on Wall Street at the end of last week, dealers said. The key NZSE-40 Capital Index closed down just 5.54 points at 1,909.56 points on turnover of NZ$6O million. AFP jii m roooi Advantage HDS
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      Lock icon SYDNEY
      553 27 AFP PAD Ordinaries -3320 AUSTRALIAN shares fell one per cent yesterday as the earnings gloom dominating US markets spooked local investors, brokers said. The All Ordinaries index fell 33.2 points to 3,207.5 and the SP/ASX2OO lost 36.1 points to close at 3,264.3. National turnover was 380.79 million shares worth
      AFP  -  553 words
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      Lock icon SEOUL
      310 27 AFP Index +££0 SOUTH Korean shares rose one per cent yesterday with the index up 5.80 points at 586.65. Volume was 555.8 million worth 2.9 trillion won. —AFP Jan 8 ««fl Anam Semi 3750 -80 Brain Tech 525 5 Central Bank -170 unch CheilComm ***** 2000 Dae Gu Bank
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  • Article
    Lock icon STOCKS sgx
    9635 28 SGX MAINBOARD Transaction date: Jan 8 Cr Cr M Wt 52-Wk Last Vol Day Last Quote Olv Dlv YM Nat Cap Avg Hiqh Low Company Salt COOO) High Low Buyar Salter *> C'yr H P/t SmM Prtca MULTI-INDUSTRY 158 65 mc AcmaSOc 68 5 0.5 71 68.5 68
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      595 29 Where to wine, dine and entertain..."""? <►> For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirloin. Lunch:
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      56 29 r f G f f TfiA>~ FAVOURITES £«yqy /oca/ Western favourites in a daily high-tea buffet at The Mezzanine Cafe Bar. 12:00 noon to 5:00 pm daily Weekdays: $22.80+++ Mezzanine Weekends: $23-80-H+ zztttt, 2nd floor Reservations: 831-6286 —Sl— Monetarist ||J Singapore TTT xxmrn^tmum nmjjjj 333 Orchard Road, Singapore *****7. •mm?
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  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      964 29 ■i■i u i I fi|,iti «1 830 Under One Roof (See 730 Fikir-Fikir. Financial Data. T w Our Choice, Epl). 7JO Tirai: Ikatan Suci. 0.00 AM Kids Central: Sesa- g.oo Who Dares Win. 8.00 Berita. yiSL 9 -30 News 5 Tonight. 830 Saudagar Senja. 630 PM Fitness: Kardio 10.00 Teletubbies.
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    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 2
      260 29 CBYPTIC CROSSWORD ACROSS 4 Swallow up completely in Pari--1 Exercises round the fields give sian a^yss (6) satisfaction (6) 5 Funny explosion? (5,2,8) 5 It is sweet at the centre (4'l-3) 6 Hen's (8) 9 German lied about having exag- 7 Croatian town divided due to a gerated illness (10)
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  • KNOWLEDGE economy
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      Lock icon Why it matters
      1414 30  -  HUMAN GENOME PROJECT TVBTTB RAHMAN and A J RAMAGBANDRAN explore the potential of the genomics revolution and its significance for mankind YVETTE FLANIGAN,A J RAMACHANDRAN The writers are from the technology practice group of Rajah Tann, Andersen Legal. Comments can be emailed to yvette.flanigan@sg.rajahtann.com AMID much fanfare,
      AFP; REUTER  -  1,414 words
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      Lock icon Putting some good thinking to work
      982 31  -  Swiss-based Think Tools, whose powerful computer-based system has helped governments and corporations manage their knowledge and make complex decisions, is now targeting Asia, ebmmbth jambs learns KENNETH JAMES WHEN the South African government under President Nelson Mandela wanted to resolve certain policy issues, it
      CHRIS LOH  -  982 words
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      Lock icon Four-step process
      236 31 HERE'S how Think Tools can be used to help a company decide if it should move into mobile commerce (m-commerce), and what strategies it should use: 1 Perform a feasibility analysis with the Sequence Assessment tool. This is based on a qualitative assessment by the "Think Team" of
      Source: Think Tools Asia  -  236 words
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      178 30 projecteyeball. And in this morning's Project Eyeball, he gets down J|h why does the Humvee satisfy a man's lust for Not just a man with a funny VIIJ f bone, Dave Barry's entire tDIS skeletal makeup is about (mm lau9hs Heconfron,s flHk UUili (jHM If existential issues no other Cl
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      4 30 Rajah &Tann Andersen Legal
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      151 32 f i i v^,,- f; V.; f V IHRBi Two of the region's most respected industrial developers have become one. Arcasia, with vast expertise in Singapore, and L. Isv JTC International's Business Parks and Facilities group with an in-depth knowledge of Asia. Simply put, the best of both C 6
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      304 33 Reuters THE Baltic Dry Index (BDI) shed three points to 1,591, the Baltic Panamax Index (BPI) gained three points to 1,576, the Baltic Handymax Index fell 35 points to 9,276 and the Baltic Capes ize Index (BCI) was down seven points to 2,166. Brokers on Friday reported a
      Reuters  -  304 words
    • Article
      Lock icon MARITIME STOCKS
      297 33 MX sUMK Ml W CWT Distribution.—0.59 -0.01 32 Ctvuan Hup 0J7 -0.02 208 Cosco mv*stm*nt—0.16 unch 20 Fr*tghtUnks 0.10 -0.01 67 G8 Holdings 0.45 unch 0 IMC HoWlngs-HK —5.60 unch 0 Jaya Hoidlnqs 0.15 unch 167 K*pp*l Corp 3.16 -0.10 1200 K*pp*l PELS l.oe -0.05 303 K*pp*< Marina
      297 words
    • Article
      Lock icon Major shipping dotcom goes bust with heavy debts
      386 33  -  Chartering service Ship Desk fails to male market impact; unable to get extra funding From. David Hughes in London ONE of the biggest names in the maritime dot.com sector has gone into liquidation with debts reportedly anywhere up to US$35O million (*****.5
      386 words
    • PORT Shots
      • Article
        Lock icon Spain ends search for immigrants
        122 33 AFP [ALMERIA, Spain] Rescuers on Sunday gave up their search for a boat-load of illegal immigrants reported lost at sea after indications that the vessel had beached somewhere off Spain's Mediterranean coast. Rescue services said the boat had left Nador on the Moroccan coast on
        AFP  -  122 words
      • Article
        Lock icon Zhenhua firm, Hutchison Port in deal
        47 33 AFX Asia [SHANGHAI] Shanghai Zhenhua Port Machinery Co Ltd said it has reached an agreement with Hutchison Port Holdings to deliver 11 container cranes worth a combined US$5O million (5586.5 million) to Hutchison Port between December 2001 and April 2002. —AFX-Asia
        AFX Asia  -  47 words
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        Lock icon Vietnamese ports' goods handling up
        118 33 Xinhua [HANOI] Vietnam's sea ports handled 83.5 million terns at goods, including 9 million tons of goods in transit, in 2000, a 17.2 per cent year-on-year increase, Vietnam News Agency reported. As many as 9.6 million tons were transported through Sai Gon port in Ho
        Xinhua  -  118 words
    • Article
      Lock icon Freighter sinks off Japan; 4 crew die
      164 33 Reuters [TOKYO] At least four Filipino crew members of a Pana-manian-registered freighter carrying nickel ore drowned after the vessel sank in the Pacific Ocean late on Sunday, the Japanese coastguard said yesterday. The White Koowa, with two Japanese and 12 Filipino crew on
      Reuters  -  164 words
    • Article, Illustration
      Lock icon London's £5m show
      63 33 [LONDON] A worker polishes an Orkney 520 fishing boat in preparation/or the opening of the London Boat Show in Earls Court arena. The show featuresBooboats on display ranging froma 6-foot dingy to a £1.4 million (553.5 million) 7&foot Luxuryjnotor yacht The show, one Of the world's major
      AFP  -  63 words
    • SHIPPING news
      • Article
        Lock icon Erika owner abandoned 2 ships, crews: UK union
        350 34  -  Nnmast appeals to Bank of Scotland to help crews of ships stranded in Adriatic Shipyard for a year Reports by] David Hughes in London UK officers union Numast has accused Giuseppe Savarese, the owner of the tanker Erika, of abandoning two of
        350 words
      • Article
        Lock icon Forgery of crew certificates rife, IMO told
        222 34 THE 73rd meeting of the International Maritime Organisation's Maritime Safety Committee in December last year was told that seafarer certificate fraud is endemic, the organisation has revealed. A study being carried out by the Seafarers International Research Centre at Cardiff University, UK, gave
        222 words
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        Lock icon Evergreen sets up own agency in Benelux
        270 34 TAIWAN'S Evergreen group has become the latest liner firm to rejig its agency networks as it switches to its own, group-run agency in the Netherlands and Belgium after a 22-year relationship with the Broekman Group. With effect from Jan 1, Evergreen Netherlands has
        FILE PHOTO  -  270 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      181 34 PACE Appenship 5 Assets S Austral 6 Balaji Shpq 5 BSA 7 Btang Mas 6 CCNI 7 CMACGM 3 COSCO 3 Columbus 6 CSAV 3 Central Ex 6 ChoYang 5 China Shpq 5 Cougar 7 t CWT Globe link 7 Delmas 4 Djak Lloyd 6 Dongnama 3
      181 words
    • Article
      Lock icon SHIPPING GUIDE
      16613 40 THEBUSINESSTIMES THEBUSINESSTIMES Page 8 EXPORT TUESDAY, JANUARY 9, 2001 I ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 16/01 20/02 Del mas VILL OE TAURUS A41W 65-*****44 17/01 03/03 COSCO EMPRESS SEA 0105W 65-*****00 23/01 27/02 Del mas
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        822 43 Vessel Voy No Berth Arrival Departure Forest Ventu 498 'jW 08/0V3:45 08/01/23:00 Sandidewa 2 35 J02 08/01/7:55 09/01/8:00 AuHaSeraya 1.01 J08 08/01/8:50 08/01/21:00 C Success 01-Auq J10 08/01/8:40 08/01/17:00 BtBumiPers ***** J01 08/0V8:15 08/0V2MX) Winstar 1 003S01 J03 08/01/7:20 08/01/2100 Bt Ret J ***** J01 08/01/9:50 08/01/2300 Bayswater118
        822 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1927 43 RECEIVING OF EXPORT FCL COWTAIMERS AND LCI CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Ported From To From AC* DAHLIA 030A 9/fc00 8 07/800 07/1659 MHM 2A 07/1700 06/0659 OMWOO 21 07/1700 08/0659 06/0900 1 06/0700 06/1159 08/1400 4 06/1200 08/1459 06/1700 AC* GARHC7 KM 9/1730 07/B00 07/1699
        1,927 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        200 43 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. Jab 24-28 Singapore: Chinese New Year. Malaysia: Chinese New Year. Vietnam: Chinese New Year Holiday. Jan
        200 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        788 43 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
        788 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        544 43 Carton ISO Max 993.0 0.4 14.6 0.08 72 0.02 j__ Dimity Water EeiMm Ash Aluminium Sttomt No above E25 1 0 0 0 0 0 rrrr 380 Ave 9874 0.3 13.4 0.06 23 0.02 r.T* 380 Max 993.0 0.5 16.1 0.08 39 0.04 M/W3 V/V MM
        544 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon American in talks to take over TWA
        753 44 TWA to file for Chapter 11 bankruptcy; American will also bny stake in US Air [NEW YORK] In a deal that could fundamentally reshape the airline industry, American Airlines is negotiating a complex transaction in which it would acquire Trans World Airlines and
        AFP  -  753 words
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        Lock icon Qantas, Ansett carry out engine safety checks
        236 44 AFP [SYDNEY] Australia's major airlines, Qantas and Ansett, were conducting safety checks on a number of jet engines which British and US authorities warned could disintegrate, aviation officials said yesterday. General Electric, which manufactures the CF6 engine, issued an "all operator's bulletin" just
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        281 44 Bloomberg [SEATTLE] Boeing Co said it replaced the head of its airplane services unit, a business the company has cited as one of its top growth prospects. The executive, Joe Gullion, left the company "to pursue other interests", Boeing spokesman Bob Saling said.
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        60 44 [SEOUL] Tourists wait in front of a counter at the Kimpo Airport in Seoul as airplanes are cancelled due to massive snowfall in central Korea yesterday. The heaviest snowfall in two decades hit the country's central area on Sunday, bringing holiday traffic to a near standstill
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        329 44 Reuters [ARLINGTON, Virginia] US Airways Group Inc said a new unit, Potomac Air, has started service as a regional carrier that will be spun off at the same time as US Airways' planned sale to United Airlines in an attempt to satisfy regulators. Potomac
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        270 44 AFP [LONDON] Britain's Prime Minister Tony Blair pinned the blame for the country's chaotic railways on the wide-ranging privatisation and under-investment by previous Conservative governments. "I think the privatisation was a disaster, not simply because they privatised (the railway system) but because they split
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        Lock icon BAA, Eurotunnel settle suit over terminal stores
        230 44 Bloomberg [LONDON] BAA pic, the world's largest airport operator, said it would return to Eurotunnel pic the stores at terminals in Folkestone, England, and Calais, France, by March 31, as the two companies setting a lawsuit. The operator of the tunnel linking the
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1831 44 art wan eh maw no MM* mm 2230 LH6300 2230 M229 2230 mwlll ll S023 0M0 6*974 0120 KL0037 1535 10.0044 0125 K***** 2330 MM 2340 M—rtw MOB 0635 mm ***** QMS MHO 2255 AackloM N223 1050 N***** 2045 50(212 1050 ***** 2045 N***** 2020 *****
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      73 33 -i Ik j accused af •k^n-Uhiiin craws of two Pg2 im iwt fct. I w& PL. A -?*tV uV .s^B 13 aIB j^^Ki i n RiiH|H^ I URM 111 |^^^^^^^^^^^^^^^^^^^HH|Ul|l|l|kHMl|||||y||^^Kli|fi|H Bulletin Board is complied and edited by DONALD URQUHART. We welcome items from everyone in the shipping and transport community.
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      356 33 M i 1 |v I < „•■j* I V. >•' |^t% I r J* I I— _J c i I v fj I 1 *> I I I I li««*w* __T f "ICTI mn ri. rT~\ rv 111 II 111 II /H II II 111 111 I !11l ll \ll
      356 words
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      682 34 NORTH AMERICA QULF/INDIA SUB-CONTINENT awasHomEEXPnaggso I MiMKMMCHiPHintiMoq Vtssa I VOY I ig» f"" sw 'I pruno _VBsa voy <a wm m> sw OOQ. AMERICA 4IWSI 27/12 14/0. 14/11 PRO NDUOYD MIIDOIWE 03/01 04/01 04/11 14/01 NYKVMO 411 10/01 11/01 IS/01 >1/01 OOdCAUFORIRA 50WS2 03/01 21/01 23/01 M PRO NEDUOYD DARURAM
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      746 34 lines services represented by Members of the Registry of Members of me friggil/ Accredited Shiop.no Aoents. Singapore logistics Singapore Shipping Association Association fll Mia MJ| M M mm I IwL UfVK MAJULB P Ivsssa Tvor fn* Fm eu P. RUNG SPOKE MALE Princess Lily VOlOl 16/01 17/01 25/01 Empress Lily
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      1177 35 SAX SERVICE (DIRECT) VESSEL VOY SIN ETA LAX OAK DAL HOU CHI COi MEM ATI NYC API JADE 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~/U 07/12 07/12 API SPINEL 024E 22/11 07/12 12/12 12/12 12/12
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      1663 35 TO: COLOfIRiO 1 EVERY MONDAY I (I/1:4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROIINSON RO TEL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD kpt (D/O) *****86 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M SINGAPORE *****8 CONVENTIONAI *****01/850
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      285 35 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220-8558 Sl*#—™ A—■!»: Malay tic Mtr> Shlppl'* Ma >M BUm Skifpiaa AfMdtl Pit Ltd. T»l: *****50 Kl««ff«l) 603-7177 2247(Fu) *03-7******3 J?! hE *****14/***** IS Shi M la| M> IU fc.«-//■— L.b m b 04-2*304*0 (fu) 44-2*3414*
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      1639 36 SENATOR LINES TO UK/CONTINENT TOMEDn^RRANEANCANADA VESSEL VOY SIN lEH RTW AHH HAM BRV FIX VtSSEI VOY SIX GIT SK FOS W.C MTU HANJIN PORTLAND 0040W 09 01 26 01 27 01 29 01 30 01 31 01 01.02 PATMOS SENATOR 0637W 12.01 29 01 31.01 (2 02 04 02 11
      1,639 words
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      949 36 Iftjtfl MAC-NELS S'POftE M'SIA I nTTTTS Carrftar Ml COHTH LINES, MC P. QUOANG: (07) *****28 I I -IV/ J CWIMWWI-IM 8IBU: (064) *****9 MAMLA (632)*****24 V PENANQ: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JKE (21) *****48 KUCHXQ (062) *****1-3 HO CHI MINK MANILA MV
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      667 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO. MUMBAI/COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS Vwul S PORE N SHEVA COCHIN COLOMBO P.KLANG TULSIDAS V 136 14 JAN 23 JAN 28 JAN 02 FEB FRONTIER V.104W 21 JAN 30 JAN 04 FEB 09 FEB PU GLORY V.104W 28
      667 words
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      1451 37 |VESSEI VOY KHH HKG SIN PKL DXB BAB DMM NIK 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 PCI-191 23/01 24/01 27/01 28/01 04/02 05/02 07/02 09/02 IRAN TEHRAN PCL-192 30/01 31/01 03/02 04/02
      1,451 words
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      423 37 for J arosia rdm/atw/bmnajk I DON FRANE BULIC RDM/ATW/BMNAJK I Loads Singapore. E/W. Malaysia, Indonesia J I Loading for PtNAR KAPTANOGLU JDH/AOA/DMT FAARABI HDCVJDH/AQA GTS HORIZON DBI/ABU/DOVBRN/DMM/KWT DORTHE OLDENDORFF JOH/AQA/DMT/TRP toads Singapore, EVW. Malaysia, Indonesia I Loading for 1 ALMAVTTA NOUSAV/CAMAMP I •Loads E/W. Malaysia. Indonesia I IS'pore Loading for
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      1480 37 EUROPE EXPRESS SERVICE EXPORT import jUEgp"" pa 20/n El owT owi nl^T E ill II iSMi ill! H^leli :ii :Il:MM PORTUGAL SEN 015W 13/0? 02/03 04/03 05/03 06/03 07/03 00/03 WCOPBWACBI 0071 25/01 27/01 29/01 01/02 10/02 HgmiitMMtSnUHflß"llW6fll ■HHHIYf NflVtOW ST rtTBRIIM YIIIMM 8 Mnwar YMIITI TRANSPA<3FtC SERVICE EXPORT IMPORT-mwM«^w»s{omMHKß/i?c6osvsanomonanmwuwmwiyu
      1,480 words
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      1137 38 MEPHiRRANSAN/BtACK SEA/IUtOPt SERVICES I ARANAN POtSUN GUF/MMAN SUB CONIMNT SMVKI tXPOirr I IXPOCT VKsa/yor/tGt scp go vwi ok mu mm wv nr zh vessel voyage sgp cmi oua jba ami dmn mh km nxv JUWKOKMOOy7«g>W 14/t)l 26/01 W 3Q/DI 01/02 31/ DI 02/tg [OVTO 05/P2 M YIM HE 0187W IZ/0I
      1,137 words
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      794 38 jmsmn lm_ n/oi I ivpi iml_ umi tm imj m m/qi —umc igw m m u/oi mum ygjL_ ifl/oi m /°lI ivqi S£ iiF iff WWW* Ml tzsjH litfL_ $m mum: iyii m_ SF $r 8$ m JUIDO ME— IS/PI IMuZ WOL. AXAIHUM 4fe ifai H7BI WtmiHUM 374W It/01 I
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      61 38 LINER SHIPPING PTE LTD WP\; 10 ANSON ROAD. #17-01 INTERNATIONAL PLAZA, SINGAPORE 0207 \r TEL: *****33(20 LINES) TELEX: RS ***** LSSIIIP FAX: *****13 ETA SIN FTA *>übai 14/1/2001 DUBAII 23/1/2001 21/1/2001 30/1/2001 28/1/2001 6/2/2001 MIDDLE EAST PORTS Tfjgi DI'BAI. DAMMAM, KUWAIT. RAUIAIN, DOIIA. ■ffir uyadii, siiakjaii, aid diiabi. mina qaioos,
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      485 38 INDONESIA NATIONAL LINE TO AUSTRALIA T FULL CONTAINER SERVICE va wr m m m m std m ma m he mworr ns 15/01 16/01 n/01 a/01 »/oi 01/01 rorsnwi ~0%~ b/oTo/oT m/mS/boo/w ovn~ WW ft PoT W/0) 10/01 05/01 Tl/W 13/01 it/c WMMt 355 >5/0106/01 16/01U/01 tyU 13/W FEEDER SERVICE
      485 words
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      404 39 BSfl i. mm* MYANMA «HBk FIVE STAR LINE (Myonmar National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU HP A-AN 282W SU) MAWUMYINE 94W 11/01 MALAYSIA AGENTS: KMISTEAD SHIPPING AGENCIES KUL m 03-*****00 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A servite of Andrew
      404 words
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      1270 39 HYUNDA^AERCHAN^AARINECOj^tfD^^^^^^ IVESSa VOY |AH I SOU W I WW I ANT I HAM IWV IVESSB I VOY I SOU I 181 I »TM 1 ANT I HAM I NtV ISM I HYIARON V.330W TT7oT 29/01 I 03/***** /011 101/02 NOLRIS *0191 22/12 23/12 17/12 19/12 10/01 APLIOUIE V.024W 12/01 DIYDOCIING
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      815 39 vftv WALLENIUS WILHELMSEN TO NORTH AND IATIN AMERICA "<** *ORO HEAVYUFT SERVICE" visso VOY RAMP HEIGHT SIN LBC MAO NUA I SAV I KAI I ORF I NYC NEW MOI TEXAS AHTO2" 400T«H 6JM 12/01 09/02 17/02 20/02 22/02 24/02 25/02 27/02 03/03 06/03 TOBA AHIO3 4001 MB 6.3 M
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      69 42 mat SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre SkppM *****5 Fix. (65) *****66 Email: ftmnWtmln t»*m.net I H Jfl Website: httpy/www.eculine.net RICK ME Kb EAST MALAYSIA LINIE Kuching/Kota Kinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 FREMANTLE KYOWA LINE COCOS CHRISTMAS ISLAND WESTERN AUSTRALIA Guam/Saipan/ Turn to Page
      69 words
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  • Page 43 Miscellaneous
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      115 43 LEGEND- Issued Service Slngepore f<£ Thunderstorm tT fS Temperature Wjn( jdirection an d speed in knots Rain Weather U Cloudy Day c** 3 Hazy Sea Conditions Wind speed symbols i slight, < 1.2 m O Full circle w/o line indicates calm or light and variable winds halt fleche represents 5
      115 words
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