The Business Times, 15 November 2001

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Total Pages: 32
1 32 The Business Times
  • 15 1 THE BUSINESS TIMES MIT A (P) 107/03/2001 Internet: http://business-times.asial.com.sg/ SINGAPORE THURSDAY. NOVEMBER 15, 2001 85*
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  • 62 1 STOCK MARKET INDICES Wedraday Quoge KLSE COMP CkMd NIKKEI 121 —1MH.7C +t*M HANG SENG —10JI1M +2872* SET INDEX W7J6 *7» JAKA8TA COMP-***** *iM MANILA COMP -MlJtt *7J« TAIPH WP! <277.70 +14L14 SEOUL COMP NM8 *17* SHENZHEN B 2S&7« +LM AUSTALLOSD 1267.80 +4110 BOMBAY IND —*****0 *27.41 1 la
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  • 64 1 FOBEX BATES USS St U8S (StpcrU8t) IXH fiil'SMIj<r I) _L4*0 1148 EU10{U8t/8S/E). 1868 LOS DM t201 1108 YEN 12 LI 88.4# Ml 8888 1881 HKS 7J00 4171 BAHT 44.42 24JS RUFIAH 1M<4 M41 FUSE BATES SINGAPORE* Ml KUALA LUMPUR «.40 BONO KONG U» JAKARTA *00 TAIPEI 171 TOKYO LI7S
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  • 634 1  -  Farther 3-4% drop in prices will posh most of them over if they had used CPF funds By Eugene Low [SINGAPORE] A further 3 to 4 per cent drop in property prices will push most Q2 2000 buyers into negative equity
    634 words
  • 539 1  -  Public relations firms and other guilty insiders face civil and criminal actions From Neil Behrmann in London THE UK Financial Services Authority (FSA) is cracking down on public relations firms and other potential insiders who leak sensitive corporate information before public
    539 words
  • 587 1  -  Breakthrough follows earlier objections from India Frorr Ravi Kanth in Doha, Qatar AFTER six days of squabbling and some hard work late last night, the World Trade Organization yesterday agreed on the Doha Development Agenda, which aims to launch new talks to liberalise trade
    587 words
  • Page 1 Advertisements
    • 100 1 INSIDE Top storiM M A 1 HS iIM Ls!i- 1 La Northern Alliance forms Interim govt; takes over key posts, ministries pending UN action. Pg 17 ,~v 1 1 Asia's nonperforming loans (NPLs) rise to 29% of region's GDP: Ernst Young report Pg 2 Z >' 4 Keep long-term goals
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    • 7 1 New homea/or sale. Exec Suite, Pg 9
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    • 93 1 about "C stimulants :-v....:-... Prices ofiuxury jn apartments tumble for cues from Comdex j HH «r Hrf fm\ Mi SPORT AND TRADITION: The LU.C 2000. Available watch specialists worldSINGAPORE: CRopard Boutique, 435 Orchard Road n° 02-36, Wisma Tel. 65/737 64 51. shops: The Promenade, Centrr point. Suntec City Cortina shops:
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  • NEXT page
    • 652 2 Rate cats are effective but they are not an instant fix, says Fed chief Reuters [HOUSTON] Federal Reserve chairman Alan Greenspan said on Tuesday that policymakers must keep in mind long-term goals, including secure energy supplies, as they craft ways to boost the economy
      Reuters  -  652 words
    • 274 2 Reuters [HOUSTON] Federal Reserve chairman Alan Greenspan, perhaps the world's beet-known and revered economist, on Tueeday said his choice of profession was a matter of chance. Mr Greenspan said it all started when he was playing as a professional musician in
      Reuters; AP  -  274 words
    • 703 2  -  Ernst 4 Young paper says not enough effort made to deal with USs2t NPLs By Angela Tan [SINGAPORE] Non-performing loans (NPLs) in Asia have risen since the 1998 financial crisis to 29 per cent of the region's gross domestic product (GDP),
      703 words
  • Page 2 Advertisements
    • 75 2 GD gerald genta ..•v. i l J^al^^^lHHi if gyqjfgPft: :S*PJPPPJ*&>^7 SINGAPORE THE HOUR GLASS Takashimaya S.C. Tel 734 2420 Scotts S.C. Tel 235 7198 Lucky Plaza Tel 733 1262 Peninsula Plaza Tel 337 8309 Raffles Hotel Arcade Tel 334 3241 Millenia Walk Tel 339 4870 MALAYSIA THE HOUR GLASS Lot
      75 words

  • SINGAPORE companies
    • 701 3  -  hock 11»! J !t.-l ItIUM quak hiang whai REPORT by research house IDEAglobal last week warned that while United Overseas Bank (UOB) believed it could achieve its cost saving targets ahead of time, the bank's profits are in danger of sliding further. That, IDEAglobal said,
      701 words
    • 406 3 Alliance will create bigger rival to top firm Fortel, help Aostar survive Bloomberg [SYDNEY] Austar United Communications Ltd confirmed it held talks with Sing Tel Optus Ltd, after a report said the two may merge their pay television businesses, creating a
      Bloomberg; FILE PHOTO  -  406 words
    • 179 3 Bloomberg SINGAPORE Telecommunications plans to increase its planned bond sale by 53 per cent to U552.29 billion, an e-mail sent by the arrangers of the sale to investors shows. South-east Asia's largest phone company plans to sell US$l.35 billion of 10year US dollar bonds,
      Bloomberg  -  179 words
    • 155 3 AFX-Asia {JAKARTA] PT Telekomunikasi Indonesia (Telkom) said it is currently in talks with Singapore Telecom on plans to consolidate the operations of TelkomMobUe and Telkomsel, Telkom director Kristiono said. Mr Kristiono told analysts that should the consolidation process proceed smoothly, Telkom will not have to
      AFX-Asia  -  155 words
  • Page 3 Advertisements
    • 583 3 Bring along your Income documents Go with the Gold wNk tht N|knt coiHinL With the UOB VISA Gold Smart 'Term* conditions Card, yotl get the ultimate value in Gold including the latest Nokia 8310*. These New Sing Tel Mobile subscriber: Apply for the UOB VISA Gold Smart Card and sign
      583 words

  • Page 4 Advertisements
    • 2072 4 VOLUNTARY CONDITIONAL CASH OFFER s by ©OCBC Bank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) tor and on behalf of NORFORD INVESTMENTS PTE LTD (incorporated in Singapore) a wholly-owned subsidiary of O FRASER AND NEAVE LIMITED (Incorporated in Singapore) to acquire all the ordinary shares of $0.50 each in CENTREPOINT
      2,072 words
    • 2193 4 VOLUNTARY CONDITIONAL CASH OFFER by OCBC Bank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) tor and on behalf of FOREGAIN INVESTMENTS PTE LTD (Incorporated in Singapore) a whoMy-owned subsidiary of O FRASER AND NEAVE LIMITED (Incorporated in Singepore) to acquire aM the ordinary shares of $1.00 each in TIMES PUBLISHING
      2,193 words

  • MAIL bag
    • 542 5  -  Koh Seoh Leng Singapore YEARS ago, a typical HDB flat bought less than a decade earlier would have been worth at least five times its original price, giving rise to a population of asset-rich HDB fiat-dwellers. The expectation that real estate prices can only
      542 words
    • 327 5  -  Anthony Chua First vice-president Chairman of public relations/press liaison committee Institute of Estate Agents I REFER to the letter "Need to check expat estate agents" by Ms Xia Yun Xin (Mailbag, Nov 5). The Institute of Estate Agents (lEA) made representations to the relevant authorities
      327 words
  • Page 5 Advertisements
    • 409 5 EU /®IO/>eer sound.vision.soul >*■■ gSnHHSSs3BHH»sP@»fBHHHH^HRIMMMfIIi^H[i^BBHfI^HSfiHIk,«» r fe* s& 4 *W-' f- vflZ. yiliinHHHHk, ~^fti?iiHP9^^^^^^^^^fl^^^H^ll^H^^Hl^^^^^^R^R^PPWVvJllVM|9PiPW3f|^9ifli^Hiß llHPliißWHWliiri ittßiytfu'ii iiiiiiB 1 0 Pioneer OVD is now in your car. nrii»»*Ti j^MHSf^tfIBKPI! Lill V Nothing's as captivating as the 5.1 channel digital surround sound and superior picture quality. AVX-P73OOOVD (tMwcoco r mm o**t 1
      409 words

  • SINGAPORE news
    • 239 6  -  By Eugene Low SINGAPORE'S terms of trade the ratio of export prices to import prices worsened further in September, according to the latest data from the Department of Statistics (DOS). Export {vices tumbled 7.4 per cent year-on-year, while the import price index fell by
      Source:  -  239 words
    • 378 6  -  LB% fall takes decline from March to £2%; average Q3 transaction value also down 31% By Vince Chong GRADE A office rents fell further in October, marking an unbroken 9even months of decline. The last time Gradrf A office rentals
      FILE PHOTO  -  378 words
    • 226 6 THIS Sunday, some 200 DBS Bank staff and their families will help raise money for the School Pocket Money Fund. These volunteers will sell stickerflags around six DBS and POSBank branches at Ang Mo Kio, Tampines Centre, Bukit Batok, Liat Towers, Raffles
      226 words
  • Page 6 Advertisements
    • 614 6 m Saturday, 1 December2ool 9.00 a.m. 3.00 p.m. HoW tnter-Cootasntal, anpaport R Come and attend this seminar. H Thursday, 6 December 2001 9.00 am 5.00 pm Hotel Inter-Continental, Singaporel 8 Lot renowned Teng Shui' consultant Mr Vincent Koh, provide you with As *obd "noffnly corporate world, increasing competition, rapid S
      614 words
    • 9 6 ®l «§UppwlMiCM«ftntf I Spring Court 1M: AA» 5030*3 vbshh
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    • 106 6 IA further fall I lof property prices I I more buyers into I I negative equity I I I I smmmzJ I i* y nifli' j FROM PROVENCE, FRANCE 15 to 25 November 2001 Make a date with Guest Chef Christian Ernst of Marseille, France and his contemporary Provencale cuisine.
      106 words

  • US economy
    • 1053 7  -  US picture of consumer health worries bartom buxh, who's sceptical about stimulants BARTON BIGGS The writer is global chitfstrategist at Morgan Stanley WHAT am I missing? We had a seance with the three Wall Street economists whom we consider the best. All three, good men
      1,053 words
  • Page 7 Advertisements
    • 153 7 HI/estfrost Wine Cooler Made h Denmark I< BVKS6II 9ngle Solid Door Size(mm): 1550 x 595 x 595 VKGSII (Single Glass DooO VKGS7O pouble Glass Door) BVKS67O (Double SoW Door) ri RTNA (ELECTRICAL) PTE LTD 1. SCOTTS ROAD. #05-02/03, SHAW CENTRE, SINGAPORE *****6 FAX: 733 7536 TEL: *****61 (3 Line.) Business
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  • EXEC lifestyle
    • 603 8  -  At US$ 13.25 m, the bejewelled Heavenly Star bra and panty set from Victoria's Secret is still a sizeable USsl.7sm less than last year's offering. jam paschal uncovers the details JAN PASCHAL Reuters EVEN Santa likes a discount. So this year, Victoria's Secret wants to give him
      Reuters; REUTERS  -  603 words
  • Page 8 Advertisements
    • 61 8 HHH^W MHHHmpr v^m^r ll^^. ilisL* jfr" f w -H *£to' ngfij^Ki aS v |^H| K #IPMM ■^■■■^■^■1 You never m actually own a Patek Philippe. You merely O^JL look after it for the next generation. < WtrtbofiS*iU£r(mL<PuGtJ[) Complicated Pa,ek phil| PP e ->*?**• nf •*•><? y-9> K 7»-f"C-K- 'Jly-y K
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  • Page 8 Miscellaneous
    • 284 8 CRYPTIC CROSSWORD across 5 vUg IPAMMM V^/ irnensive uaiinQ —s nun r, r■—l—l w WOTQ OoSw uTiQ 3' uC<6 n programmes avaaea Dy nn]n dri¥er«?(s,7) 9au bmu au nWwwwy wlMil 8 iiw clock's Iwids should be (2,3 io F9m has made of Flanders 4^2) n wL.in.«nd.jono(hm 8 (4) cnecK-H) (4,4,5)
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  • EXECUTIVE suite
    • 713 9  -  Sellers face a rough ride as transactions shrink to a trickle and buyers are wary Bu Andrea Tan mmm ust Prices are fßg| Wm very negotia- ble. m£ aV A garage sale? No, Hsfiß WK these are the classified advertisements for luxury apartments. The
      713 words
    • 527 9 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE (wqft) LAUNCHED UNITS SOLD ($prf) Abode at Devonshire TTHDevt 9 Devonshire Rd 1,012-2,756 26 4 1,288 FH Wllkle Regency Wah Khiaw Devt 9 WNkie Terrace 818-893 30 *24 860 FH Jervols Regency Pine Tree Prop
      527 words
    • 614 9  -  GARDENER'S I By Thien HANSEL and Gretel had their chocolate house; we have a garden filled with candy sticks, lollipops and crepes. That's the tale which we can spin, now that we've started collecting Costus (Costaceae). Once largely-ignored, the humble Costus or
      PHOTO BY THIEN  -  614 words
  • Page 9 Advertisements
    • 244 9 Jones Lang I LaSaixe Hotels. IF O R SALE I International standard p b I 235-room hotel ■'*'"H n i I• 10 minutes drive to Orchard lifctt SIS 1 •^Epl I Road and 10 minutes walk to -|nn II i i J Novena MRT ®BH| «SB I (opened in 1998)
      244 words

  • EDITORIAL & opinion
    • 808 10  -  the a rnnffiiEGE OPINION anthony rowley THERE is something of the theatre of the absurd in the way that Japan's economy is sliding inexorably towards recession and a deflationary spiral Lead actor Prime Minister Junichiro Koizumi utters his monologue about reform and restructuring while
      808 words
    • 30 10 'Foreign economic experts insist that Japan "must" rein in overspending on construction, but why must it?' -Alex Kenin his book "Dogs, and Demons on the Japanese economy.
      30 words
    • 648 10 EDITORIAL CHINA'S entry into the World Trade Organiza tion is a double-edged sword not just for the mainland, but also for Hong Kong. For even as Chinese firms fear the onslaught of foreign competition, Hong Kong too is worrying that its traditional middleman role will
      648 words
    • 858 10  -  The industry needs to adapt to its new realities through a process of natural attrition By Robert Samuelson The Washington Post Writers Group THE history of air travel in America has many landmark events: the Wright brothers' first flight in 1903; the
      The Washington Post Writers Group; AFP  -  858 words
    • 756 10  -  As economists adopt Visibility, Corporate America coins a new one Linearity By Caroline Baum Bloomberg "VISIBILITY" is one of those New Era buzzwords that became popular, along with new metrics for valuing equities, during the stock market bubble. It was stock-jockey lingo at its best, delivered
      Bloomberg  -  756 words

  • REGIONAL news
    • 480 11  -  Small brokers strongly oppose end tO 0.25% minimum commission rate From Audrey Tan in Hong Kong HONG KONG will scrap the minimum 0.25 per cent commission rate for brokers by next April, despite strong opposition to the move by smaller brokerages which
      480 words
    • 409 11 KUALA LUMPUR Reuters A WEAKENING economy is putting pressure on Malaysian banks' earnings as bad debts swell, turning investors off the sector and sparking talk 'of further mergers. With a slowdown in exports expected to rein in economic growth to 0.5 per
      Reuters; AFP  -  409 words
    • NOTE Book
      • 63 11 Reuters [JAKARTA] Indonesian auto giant PT Astra International said yesterday its total car sales in October, including exports, rose to 17,147 units from 15,841 in September, but down from 20,297 units a year ago. Domestic sales by the carmaker, 30 per cent owned
        Reuters  -  63 words
      • 98 11 Reuters [MANILA] The Philippines' largest shopping mail chain, SM Prime Holdings Inc, announced a 10.2 per cent jump in nine-month net income yesterday and said it planned to open two malls a year for the next Ave years. The Arm, developer of 11 SM spread
        Reuters  -  98 words
      • 78 11 AP [KUALA LUMPUR] Prime Minister Mahathir Mohamad welcomed yesterday an opposition party's attempttorsJointhe ruling coalition—a stop that would significantly boost the government's political muscle in future elections. Leaders of the Sabah United Party said late on Tuesday it would apply to rejoin the National
        AP  -  78 words
      • 66 11 AFP [JAKARTA] National carrier Garuda irvinmmin yesterday the restructuring of its US$l5 billion debt has been approved following clearances by oourts in London and Singapore last week. The company's debt will be rescheduled to 16 years from the original period of 12 years, said Garuda spokesman
        AFP  -  66 words
    • 374 13  -  Bnt foreign bankers warn that the move may prove disastrous From i Shoeb Kagda in Jakarta INDONESIA'S Chief Economics Minister Dorodjatun Kuntoro-Jakti yesterday voiced for the first time a view that is slowly gaining currency in the country that Indonesia should end its
      374 words
    • 267 13  -  Lucio Tan agrees to hold equal equity with Manila govt From Al Labita in Manila ETHNIC Chinese taipan Lucio Tan yesterday lost his controlling stake in a major Philippine bank to the government following hard bargaining talks tinged with political undertones. In what officials described
      267 words
    • 276 13  -  From Harish Mehta in Bangkok THE Thai Asset Management Corp (TAMC), the state bail-out vehicle for troubled commercial banks, will not succeed in solving all the problems of the state banks, unless they manage debt more efficiently, a leading research house
      276 words
    • 417 15  -  ShirAtMOT complained price reflects a fraction of group's assets From Audrey Tan in Hcmg Kong QUEK Leng Chan's Hong Kong-listed Guoco group yesterday barely secured majority approval for its HK$5.9 billion (Ssl.4 billion) share buyback, a move seen as consolidating Mr Quek's control
      417 words
    • 384 15 SHANGHAI Reuters STARTUP Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) —which counts Singapore Technologies among its investors plans to raise money through an overseas stock listing in 2003, with Nasdaq the leading choice. Company officials said this week an overseas listing
      Reuters  -  384 words
    • 363 15 SHANGHAI Reuters CHINA has given Hong Kong-based Bank of China International (BOCI) approval to form a 1.5 billion yuan (***** million) joint venture securities flnn on the mainland, a regulatory official said yesterday. "We have agreed to let them go ahead with the
      Reuters; AFP  -  363 words
    • ASIA Notes
      • 84 15 Bloomberg [BEIJING] China's retail sales grew in October at the fastest pace in five months as a week iong holiday prompted consumers to eat out and go shopping. Sales rose 10.5 per cent fh>m a year earlier to 334.7 billion yuan (5573.3 billion),
        Bloomberg  -  84 words
      • 61 15 Reuters [TAIPEI] Taiwan's cabinet yesterday approved a proposal to raise the limit on direct foreign ownership ill Taiwan lriacnmrnmlrgffrinf ftfmatnjg percent from 20 per cent But the ceiling for the combined direct and indirect foreign ownership will remain unchanged at 60 per cent, a spokesman
        Reuters  -  61 words
      • 70 15 Bloomoerg [SHANGHAI] China Asset Management Co said it received approval to start the nation's third open-end mutual ftxnd aiming to attract some of the US$B5B billion in household savings. Bering-based China Asset Management, which already operates five closed-eod tends valued at 8 billion yuan
        Bloomoerg  -  70 words
      • 81 15 Bloomberg (SHANGHAI] Clear Channel Communications, the largest outdoor advar Lisa, is seeking to aril shares of its China venture Clear Media Ltd on tiie Hong Kong exchange, according to Clear Media investors. The Pboenix, Arizona-based firm is seeking to raise up
        Bloomberg  -  81 words
  • Page 11 Advertisements
    • 70 11 »w M' Street Tel: 733 7667 Favoured by the brave A Choice of the victors We use US corn-fed Beef t s Pork, Australian Lamb, Jt A specially selected imported vegetables, farm fresh M m, mushrooms, etc... a m NHPPW r [hduse] A r qf •K Bs s J* HUNAN
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    • 322 11 Dont compromise your standards and expectations Monthly rental from $950 Saving on cost doesn't necessarily mean cutting down on the good things. Even with Budget's low monthly rates, you'll still get service at its best. Proton Wira 1.5 (M) 950 Ford Laser 1.6(A) $1,180 Mazda 323 1.6(A) $1,180 Skoda Octavia
      322 words

  • Page 12 Advertisements
    • 1369 12 ....pj, mi ouqy, muvemper 10, ZOOI »dY<-rti»« call loilfrcr 1800 741 Iftft 1 nn^lf—h ——^^I 1 HESHE Holdings Limited (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Twenty-Fifth Annual General Meeting of Heshe Holdings Limited will be held at 9 Tai
      1,369 words
    • 1560 12 CHOSEN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the third Annual General Meeting of CHOSEN HOLDINGS LIMITED (the "Company") will be held on Friday, 30 November 2001 at 17 Woodlands Terrace, Woodlands East Industrial Estate. Singapore *****2 at 10.00 a.m. for the following purposes:
      1,560 words
    • 762 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND SOLARSEIKO PTE LTD (Incorporated In the RapU*c of Singapore) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 336 Smith Street #04-306 New Bridge Centre. Singapore *****6 on Thursday
      762 words
    • 629 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 90 AND IN THE MATTER OF EQUATOR PERFORMANCE MACHINERY PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of the abovenamed Company duty convened and held 8 Ridgewood Close #14-02 Himiko Court Singapore *****8 held on 12th V>%
      629 words

  • 1444 13 SICOM FUTURES Navl3 NHCt Mm cM| m UW KSS1 CONTRACTS cents/kg) CtoM Mm Om im sttt (to—H) hrtwW OecW 94.00 50 Jan 02 -9150 ftb 02 96.50 to 02 97.50 RSS3C0ffTBACT(UScMbAg) Votam Om »—t» L— Sttt ttmmn) mmwt Otc 01 50.75 50.75 50.50 250 1200 J* 02 5125 3000
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  • Page 13 Advertisements
    • 55 13 s£|!? *towoo I MOVADO the art of time iki -'II j| JMMH M slwS! »r PP MOVAC MOVADO A*©M*O© HAM cwiss movaoo NAM i»m MOVAOO MAOC WW MOMAOO MAM Mo.odo Ser ».fi- Centft Auifofived Dt ok-fs o< K Rrf OM'cpoint lucky P'a/a Parkway Parock Pcmnsjlo Plc/a People Park Scfongoor Shew
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  • Page 14 Advertisements
    • 1106 14 '"w wujmojj pa, iiiuiauay, nuvpmuer IO.^UUI (iITIS i WEE POH HOLDINGS limited V A I fir IJ (Incorporated in the Republic of Singapore) SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of WEE POH HOLDINGS LIMITED (the "Company") will be held on Friday, 30th
      1,106 words
    • 1346 14 NUCLEUS electronics NUCLEUS ELECTRONICS LTD (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Nucleus Electronics Ltd ("the ComDanv") will be held at 41 Kaki Bukit Place, Singapore *****9 on 3 December 2001 at 11 a.m. for the purpose of
      1,346 words

  • Page 15 Advertisements
    • 321 15 I I SEMINAR ON HOW VOO CAN DO BUSINESS WITH HIROSHIMA, JAPAN" Tuesday, November 20, 2001 from 5.30pm Plum Ballroom, Level 3 Alison Hotel Queen Wing, Victoria Street Organised by Hiroshima Representative Office In Singapore V Supported by. Hiroshima Prefectnral Government, The City of Hiroshima fl vAJ* Hiroshima Chamber of
      321 words
    • 201 15 This time the "Robertson Walk. "River "Busker's joke went too far. At Robertson Walk it's not iust about f "7.7 the weekends. It's about a place where cftTSQ^li' •SSrSSpH^ y°u can absorb yourself in laughter 4 jwfl an< be enlivened by the River Buskers. J9T ~nj" A place to share
      201 words

  • Page 16 Advertisements
    • 1456 16 TECHNOLOGY SOLUTIONS ERICSSON CALLS ON COMPAQ COMPAQ SUPPORTS ERICSSON IN I.T. EFFICIENCY EFFORTS THROUGH SELECTIVE OUTSOURCING Ericsson, one of the world s leading business —telecommunications provider, hardware and profes- RELATED STORY telecommunications equipment equipment—and spend less time sional services must be integrated, companies, needs exceptional I.T. on managing I.T. areas
      1,456 words

  • WORLD news
    • 432 17 WASHINGTON Strong car sales, better-than-expected HP results fuel Dow gains AP, Bloomberg Reuters CONSUMERS, drawn by favourable financing and heavy discounting, boosted retail sales in October by 7.1 per cent, the biggest one-month gain ever recorded. M The record jump and
      AP,; Bloomberg; Reuters  -  432 words
    • 276 17 LONDON Bloomberg AFP AP CRUDE oil fell more than 6 per cent after oil ministers from Iran, Kuwait and other Opec states indicated their fourth reduction in output this year may fail to revive prices without the support of non-members. The Organization of Petroleum
      Bloomberg; AFP; AP  -  276 words
    • 260 17 PALO ALTO, California Reuters COMPUTER and printer maker Hewlett-Packard Co yesterday reported sharply lower fiscal fourth quarter profits as sales contracted, but the results were much better than Wall Street had expected. Hewlett-Packard, whose planned acquisition of Compaq Computer Corp has run into
      Reuters; REUTERS  -  260 words
    • 117 17 NEW YORK Bloomberg [NEW YORK] Merrill Lynch Co this week is firing about 15 per cent of its investment-hanking staff as the No 1 securities firm starts its biggest round of Job cuts this year, according to people familiar with the situation. The
      Bloomberg  -  117 words
    • 424 17 KABUL Ittokaimrkq pests, ministries pending UN action AP, Reuters THE Northern Alliance moved yesterday to consolidate its grip on Kabul, taking over key posts and ministries despite a pledge to support a broad-based government. The top UN envoy for Afghanistan outlined a plan for a
      AP,; Reuters  -  424 words
    • 371 19 WASHINGTON But the Treasury official says growth will resume next year, gaining momentum as the year wears on Reuters THE US economy "quite possibly" will shrink again in the current fourth quarter, a senior US Treasury official said on Tuesday, but should resume
      Reuters  -  371 words
    • 415 19 TOKYO Reuters JAPAN'S government downgraded its view of the economy for the seventh time this year yesterday, citing flagging consumption and imports as a global downturn gathers force and failing to identify a single bright spot. The gloomy report followed fresh data
      Reuters; AT  -  415 words
    • 525 19 NEW YORK First time the US National Bureau of Economic Research has publicly mentioned a date NYT THE six economists who determine when recessions officially begin and end have publicly mentioned March for the first Hmp as the month in which the longest economic
      NYT  -  525 words
    • 354 19 LONDON Banhs targeting the mass affluent group the worst hit Reuters THE growth rate for the world's US$27 trillion wealth management business crashed more than half in this year's market downturn, PricewaterhouseCoopers, the global consultancy firm, predicted yesterday. In an industry survey,
      Reuters  -  354 words
    • 437 20 WASHINGTON Pntin responds after Bush decides to cat warheads to 1700-2200 in 10 yrs LAT-WP REFLECTING the change in relations between two Cold War adversaries, President George Bush and Russian President Vladimir Putin vowed on Tuesday to cut their nuclear arsenals
      LAT-WP; AP  -  437 words
    • 265 20 HOUSTON Reuters ENRON Corp chairman Ken Lay has turned down the chance to cash in on his company's financial troubles by refusing to accept a US$6O million payment due him if a proposed buyout by power-trading rival Dynegy Inc goes through, a
      Reuters  -  265 words
  • 4370 17 Transaction date: Nov 14 fbrmorejgotowwwjasiaonermiarketsjcxmi HONG KONG VM wo *t- tm AocmAaia Multimedia—050 unch 0 Alpha Ganarai 004 unch 8252 AmoyPrap 830 030 2215 Ananda \Mng On 006 unch 8450 AngangNawStaalH 1.00 0.03 132S2 Anhui Conch H 1.77 0.03 2152 ArhiiEmMyH 146 0.02 7646 Arcontach Corp. 0M 0.04
    4,370 words
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  • Page 18 Advertisements
    • 258 18 PICNIC QuaMty Span for QumMtyTkna The All-New Toyota Picnic. Bigger. Bolder. i y^A WI ,IL J f I MBMB I J I i ~^~^'&&-,».a3. "S>BQBg|^HmH^Bß Because when it comes to your family, quality time needs quality space. While you've worked hard to get where you are, your family's been a
      258 words

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    • 363 20 Banker "Overcomingthe Barriers to Straight- PACIFIC" "Straight and Global Business Vtsisiimr, the New integration Imperative for Financial Institutions" Vice President, web Methods "Infrastructure for StraightAjaz Munsiff, Regional Program Manager, Business Applications, Asia Knowledge Powered Institution" P.R. Baiaji, Director, Financial Services Industry, i Workgroup Discussion Never the of small European companies.
      363 words

  • Page 21 Advertisements
    • 115 21 JUSt Java A I nycrorr^dta^ T>» Faatoal Way to BuMand Oaotoy Jmm AopHcaOon* mll^aWWH w»>cr<wßs fj One of the most widely used Java~ application servers Supports the latest Java Server Pages (JSP) and Servtet specifications Extensible JSP custom tag library and visual toots |H^Hh |BHHH SEa^K^Hg^Hj^^HHE^B^HHy 2 J2EE support Includes
      115 words
  • BIZIT
    • 735 21  -  BTiamiUUM USs34m worth of digital models were sold here from Feb to Sept, compared to USs2Bm for conventional cameras. Vendors say the Internet has fuelled a digital revolution, reports lbo see chte LEO KEE CHYE Dollar sales of digital cameras have overtaken
      Source: GfK Asia Pte Ltd  -  735 words
    • 492 21 COMDEX LAS VEGAS Move may have been designed to exclude Microsoft from the handset market: analysts Bloomberg [LAS VEGAS] Nokia Oyj, Motorola Inc, AT&T Wireless Services Inc, NTT DoCoMo Inc and 14 other mobile-phone carriers and equipment and software makers agreed to use
      Bloomberg; PHOTOS: AP  -  492 words
    • 290 21 Reuters [LAS VEGAS] Fingerprint readers and face scanners are the hottest technology at Comdex, although companies considering how to deploy security systems say a quick technology fix is not enough. Still, security vendors say their identification systems will soon be everywhere. A German truck maker
      Reuters  -  290 words
    • 648 22  -  INFOTECH Out of the slew of technologies and products, one trend stands out kenneth james The writer is BT's Technology Editor EVEN amidst the crush of fellow Comdex exhibitors in the huge halls of the Las Vegas Convention t Center, the Creative Technology
      648 words
    • 561 22  -  Its digital vision includes connecting all appliances seamlessly By Paul Chan OVER a period of 55 years, Sony Corp built a global consumer electronics empire that was powered by relentless innovation. Then five years ago, the Tokyobased company launched its IT challenge
      Source: Bloomberg  -  561 words


  • SHIPPING TIMES
    • 223 23 Reuters The Baltic Dry Index (BDDroee two points to 851, the Baltic Panamas Index (BPD was unchanged at 845, the Baltic Handymax Index (BHD was down seven points to 6340 but the Baltic Capeeixe Index (BCD was nine points up at 947. Silver Clipper ********** dwt 13.5 on
      Reuters  -  223 words
    • 156 23 CWT Mstributien—0.47 b ra 42 raLStzztS S2 "o iMCH0Minti-m—5.40 ynch o J*Y*HoMbl*f ftr7 0-01 290 *m*Cmpl 144 OlM no4 tmZrvl 154 undi 0 iggm— OJT -0.0! 554 JOB 66* $*j52nfS!?ZlfuM wri S«<>* Marin* Oil -0.01 0 Stnaarw* Con MK_.0_3i MM* 0 TU° 1 M OWrtaoaCorp 1.66 0.03 40
      156 words
    • 381 23  -  E-commerce no longer about auctions but how to streamline operations By Beth Jinks [SINGAPORE] Maritime-re-lated information technology and e-business has shifted focus from bargain hunting to safety and streamlining, according to one leading industry player Barber Software Solutions (BASS). Managing director Per Steinar Upsaker
      FILE PHOTO  -  381 words
    • 232 23  -  MAM '8 Lim Bee Khim Senior Assistant Director (Public Relations) for Permanent Secretary (Comms It) Ministry of Communications And Information Technology I REFER to your article "Asian govts must jointly fight piracy: shipowners" (BT, Shipping Times, Nov 6) in which it was reported that
      232 words
    • 350 23 Bloomberg [SEOUL] Samsung Heavy Industries, South Korea's third-largest shipbuilder said third-quarter profit more than doubled as the weak won inflated the value of overseas sales. Net income rose to 22.3 billion won (5131.2 million) in the July-September period from 8.6 billion
      Bloomberg  -  350 words
    • 508 23  -  Move will ensnre money is used for county's economic development By Donald Urquhart [SINGAPORE] The Liberian government has said it plans to audit and "ring fence" revenue from its shipping register following a damning United Nations Security Council report detailing the registry's role
      508 words
    • 62 23 [SINGAPORE] Hyundai Merchant Marine (HMM) has named vice-president Cheol Soon Chang to (111 the president's post left vacant by Choong Shik Kim, who was forced to resign last month. Mr Chang has announced he will pursue a "profit first" strategy in his new role, which will be
      62 words
    • 132 24 PACE FomqSm 5 ttX J (L 3 Appmhip 5 FM ft ItSCA* ft Mctam 4 ISA T ft My«M 3 SO 4 rt*«ta ft 6*m*tr«m T NCfl 4 SMyv 2 CMACGM 3 Hwgii ft NYI 2 SmmtO 4 COSCO 3 HywM 7 NYKMk 2 <*vtm 2 i
      132 words
    • 977 24  -  MEWBUILDS By David Hughes Tl HE fate of the Kyoto Agreement, which it appears might be salvaged after all, is probably not at the top of most shipbuilders' and shipowners' lists of things to be worried about. More salient, perhaps, is the uncertain
      977 words
    • 8418 29 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AdvartHar Vmal Voyagt TtMphon* SIN Dwfn Nam* Nam* NumOtr Numt»f To ABIDJAN (ABJ) 2003 Cot* D'lvoir* 22/0 22/B Mnus HYUNDAI INDEPENDEN 304W *5-*****44 24/0 21/B KitnHunq HARMONY CONTAINER HRW5S *5-*****3 27/11 04/01 CMnaSOpq V1LLE DE ANT ARES BSX 45-*****10 2»/0 04/01 CMACCM VILLE
      8,418 words
    • SHIPS IN PORT
      • 485 31 V*m Voy Mo BtrMi AntrM Departure «ortf<J OS/0U 14/11/655 BAVfcOO *«wnr «arM JOT M/IVttOO M/n/*00 MPrtraFar OHWV-OT JOT M/IVTtH M/OTfcOO Sri rnq* AltlOT JOT MWMrO VW2040 UmvHI EkLSO JOt M/IWtOO B/TVT7J0 s«« os- jam J22 vovnjo n/imsi S#c Caprlcor *****6 JO B/IV715 B/WIWO moi JOT 8/0*00 BWMOO M
        485 words
      • 1602 31 RECEIYIWC OF EXPORT FCl COWTAINERS AND LCI CAMO Booting/Mane* 1st Is Ship VoyWo Etb/Btr Nrto4 frm To Frw tamnt zm mao*o u m/boo <v*» mawo tVBOO MAM MAW U u,~x MM MM 21 M/"OG 8/06 W 8 0«X Mm WM 8"-«o: 4 B/BOO tVMM B/ITOO At. SAiAHU C164V
        1,602 words
      • 129 31 November 23 Japan: Labour Thanksgiving Da' Mnnafcn 30 Philippines: Bonifacio's Day OttMtarl Finland: Independence Day Argentina: Immaculate Concep tion Italy: Immaculate Conception Dmblw 16 Brunei Hari Raya Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Malaysia: Hari Raya Puasa DmmW23 Japan: Emperor's Birthday Deoamber 25 US Kingdom:
        129 words
      • 795 31 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollar* instead of •ingle price* for a more comprehensive description at the market. Price* shown are baaed on averagesiaed stem Market movements are indicated. The Cockett Bunker Price change and the individual change*
        795 words
      • 434 31 CatM M Max 9715 0.4 0.7 0.06 34 8.03 DMltr NIMm IIHN H«MQS 9 0 0 0 0 0 3>o aw nr.j u ju oji a om torn 380 Ha 990.8 0.6 16.7 0.09 SO 0.04 »H/H WH wa* He Mow 635 0 0 0 0
        434 words
    • AIR & LAND transport
      • 461 32 Flight 587 snufis out the nascent return of confidence after the tragedies of Sept 11 Reuters [LONDON] Tourism chiefs may be stoical, but the latest air disaster in the United States is likely to mean Europe's hotel and leisure industry can forget any early
        Reuters  -  461 words
      • 465 32 After Sept 11 attacks, it is eager to provide better security devices Bloomberg [ARMONK, New York] For IBM, the largest computer maker, a lot was at stake following the Sept 11 attacks in the US. The Armonk, New York-based company, with 320,000
        Bloomberg  -  465 words
      • 578 32 AP [NEW YORK] When the airlines reduced their flight schedules by as much as 25 per cent after the Sept 11 attacks, they also cut discount flight operations and the favourite perk of very frequent fliers, the free upgrade to first class.
        AP; AFP  -  578 words
      • 531 32 MEW TORE CRASH NTSB sent safety memos after engine failed in a takeoff, crack reports Bloomberg [NEW YORK] US safety regulators had expressed concern over the past two years about the model of General Electric Co engines that powered the American Airlines
        Bloomberg; AP  -  531 words
      • 1435 32 ott man n* nit n» MM *****1 It30 *****2 2090 W M W W Mb S0J5 0M5 SMT4 000 a*J7 B45 ilm an mm «s mm ma quo w ass AacttM N242M 2020 C4205 2045 S02M 2820 S0205 20B umi gMO MB wimw N421 *00 S0B2
        1,435 words
      • 278 32 AP [BANGKOK] Thailand's flag carrier Thai Airways plans to stop giving free domestic and international tickets to board members as part of efforts to cut costs and streamline operations, a spokeswoman said yesterday. The management decided at a meeting on
        AP  -  278 words
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    • 531 24 NORTH AMERICA I GULF/INDIA SUB-CONTINENT IwawmuEMßiiw) (QUU Kwms, ekwmm wwo *2* UJ mi m vnsa I vot ma T mm TS mmm ooaKwron itw4l ii7Tl Sffi OOOMPM 54W44 «7/11 IS/11 17/11 WDUOTBHO M GtAMX 041 M/ll 11/11 It/11 M/ 11 |OOQ»11O»UU0 IIW4S U/11 04 12 "WiOWCUMW Ml 14/11 IS/11 17/11
      531 words
    • 553 24 wrvicw rymnlij by Mwnbws°f**Regi*yof Members of the Accndy Shipping W Sin 9aP ort lo0'*»»a Singapore Shipping Anooohon Auocio<ion Q uur uni nuu VKSa I VOT I ETA ttt I Ftt P. KUNG STOCf MALI EmpfniiTy VO9Ol 27/11 28/11 05/12 y. 4 Princ«j Lify VO9Ol 14/11 15/12 22/12 Empms Lily VOlO2
      553 words

  • Page 25 Advertisements
    • 755 25 TO USA (SAX SERVICE) jvtssa VOY SIN ETA UU OAK DAI HOU ON COi MEM All NTC mcmm io« 21/n 00/12 11/12 11/12 11/12 11/12 12/12 11/12 13/12 h/u ATI nun 1071 20/11 13/12 11/12 11/12 11/12 11/12 19/12 11/12 20/12 29/12 API HOLLAND 1041 05/12 20/12 24/12 25/12 25/12
      755 words
    • 1584 25 W MUM > T/TtISMYS jjr nuns t/t t«• myi I TRUSTS 1 T/T 121 BATS j im !!S2F2i2I ,M# HSSi# IMMTfMttfKIT nsmomm thilMUlim nul imsmit* COSTAR MlPnlli PTI LTD owtwaw(i/u <im*i o»si«/n poktuam iHtimu n itnmi a NO: *****W0000M TIL 22* IWO (MAIN) itfWAID (D/ 0) *****54 23«531f/4f PENANG 04-2*271*9
      1,584 words
    • 354 25 WT SIM JKT SW ncciww am. *21 B£L *21 !*2! *21 "wiffujtjP m~ ft I obcshbhne tyii h/ii p/ii a/11 oi/u _J. jffi 8/11 oawaiT pan i;/ii ?i/ii o/ii wmF. wlirnynT—mi^M mmumm Kg n/11 n/11 27/11 Sc^^^^TsiMTSlMw'Bßl^Mn imsoh* s«s 11/11 »/ii m n/ii tyii p/ii 30/11 wii ow nucsi«e*fop 1111&
      354 words

  • Page 26 Advertisements
    • 1076 26 ggHglHj *W§ stt W IQI LU» ASIA EXPRESS 144 A 13/11 IMPORT M/H 147 A 24/11 24 30/11 02 12 I4OA Ot/12 06/12 12/12 14/12 IW U/12 24/12 24/12 wsa wr spq>e Pimac jakacta shaajah wm dmmaji wMia*st mwAir HAUMM 0/01 I*/H 17/11 02/12 03/12 04/12 07/12 J£22£Js?-t Efll 2,
      1,076 words
    • 267 26 WEEKLY EXPRESS SAUK SCHEDULE WESTBOUND TO: COLOMBO A NHAVA BHEVA (CFIMULUMD. MUMBAI) MSO ACCEPT* TO Mi MMTMEM MB WESTS* CO KBITS WWW TTTW jlinr 11 rwwill ll— m lll—— oo ■raso KM nm um aw mm TTSST" ■im< is ■mmmomb as sm S)K K JMMB muriMi is nunuu imii 3ok
      267 words

  • Page 27 Advertisements
    • 1390 27 IVfSSB. VOY KHH I HKO I SIN I MO. I PX» I lAI DMM UK ■AN TSHBAN PCL-232 04/11 03/11 15/11 17/11 25/11 26/11 2t/11 30/11 MAN TABATABAiI PCL-233 VESSEL SCHEDULED FO« DRY DOCK MAN KHtMAN PCI-234 It/11 19/11 24/11 25/11 02/12 03/12 05/12 07/12 MAN ISPAHAN PCL-235 25/11 26/11
      1,390 words
    • 312 27 UK CONTINENT SERVICE Loading tor DARYA TAAL RDM/ATW/BMNAJK/LPL OCEAN HOST RDM/ATW/BMNAJK/LPL Loads angapors, E7W Matayara. Inrtmw MIDDLE-EAST SERVICE Loading for FLORENCE D6l/ABU/DOH/BRN/DMM/KWT JILfAR JDH/DMT OKTEM AX SOY AQA/JOH/TRP DIMIP DBl/ABU/DOH/BRN/DMM/KWT UON GLORY DBl/ABU/DOH/BRN/DMM/KWT FAVORfTA JDH/AQA/DMT/TRP/TAR toad* Singapore. E7W. Matayaa. Indoneaia USA SERVICE Loading for ULYSSES H CAM/NFK/SAV/NOL OCEAN JADE MZLA>X^CW/VCB
      312 words
    • 703 27 Jfflsa xszx a mi jsssb m m B m.ttm ***** IZZIi 17/11 Hcmnm tm lim fun ga. as -^if= 1 ITACMM ims »/11 01/11 jsdl au ML_ jsssa m -^B^H^==j}f==gif ggs -as HfH —WW— jassa m m na rasa jot sw m JKJMH aim 11/n it7h iTlHiyfl wan/ii >1/11 UOU
      703 words

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    • 1106 28 won/ur/iriNPiumi export 211 vcsa/wag ls»|NOMlioG|Mfvi>»jgjow lIIRSUAOI2I-OIR> Ml I «v» QW W/12 BBOBMOMNMBS 11/11 07/12 ®/12 Ifto2 12/12 lyiJ pufdi&waw ayii 13/12 Ipii" gg aMooNSMHn wTWwi 17/12 19/12 sw IAftUmvmtimmWKMMWMnUMUA export hssel/voyage m iha |ou Iras loot [vu Ins lIGLOOEIHMW 22/11 09/12 11/12 14/12 15/12 14/12 21/12 aGuaoc7«w 29/11 14/12 "W
      1,106 words
    • 411 28 CWT GLOBELINK PTE LTD I Malaysia TEL:*****33 (24 LINES) FAX:22 ***** M Wr Oudang (07) JUJItT (I linn) IMOOMtSIA fU)Jlfr9OS7(SKmtf «M»-MSS»»« I f,n, ng rw iurmb*yt U 315i2434tn *•"»*<>* *±2 2»S 242»32 DIRECT SAILING TO: I g-Acy MEDITERRANEAN H ALEXANDRIA/ASHDOD/LIMASSOL/PIREAUS/PORT SAID j WEST MEDITERRANEAN BARCELONA/GENOA/MARSEILLE 1 PORTUGAL LISBON/LEIXOES CENTRAL EASTERN
      411 words
    • 410 28 Immm hntanc mas smrnwc m lid I mmut ZD I HMW I n m a ca m si a m ISm WIJIE ta-11/11 11/11 WIH 14-17/11 8/11 IMM Wl -tfT- W|)n 21.21/11 jy,, iMtf wn* 2122/11 a/ii cum wig g.yii a/ii I fa* WIS *77/11 30/11 KUALA 88UMT ffia m
      410 words

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    • 335 29 BSA^ MYANMA FIVE STAR UNE (Mvuhmt Natioad Um) Loading for Tnfti wssa »wr SM m rat rw mpa-am tt*w su BOBS U WW SU Hum Mom: OOSSIUO SMFTMK MMB ML TB 03-*****100 HL IB 03-31/ Ml 01 FBI: 1H 04-*****0? PGU: TR 07-*****21/4 BANK LINE (A wnria of Aadrtw Vttk
      335 words
    • 788 29 HMtW? HYUNDAI/MERCHANT MARINECO |w w TT mm I i3i m|mr MAoi i»v ARMS MM M/ 11 31/11 01/12 M/ 11 »/l| ARSAROOMYI lOC 15/10 17/10 30/10 TlTl# «7n" ■a MO S43W M/ 11 30/11 01/12 25/11 27/11 MYWRMBI MS 23/ M 17/10 10/10 M/ 10 10/1 NTO3MMI am 12/11 N/12
      788 words
    • 506 29 WALLENIUS WILHELMSEN TO WORTH AND LATIN MBKA 'CAR RORO HEAVYUFT SERVICE" [vtssa I ypT |iw iiecwi lk-i map ima 1 sav Imlob 1 we I I■« TOUBrniiir &mi 74 Jm?" ?!<!! M/#I #I W/*' ,0 /*1 11/01 13/01 17/01 1»/01 Ul2! USS f"2 21/01 24/01 24/01 27/01 20/01 02/03 04/02
      506 words


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    • 28 31 I=J=l=J=*l If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call CJLT.S. at 1800-737-1166. Another 8$ Classified ItAJ-i Service
      28 words
  • Page 31 Miscellaneous
    • 129 31 r N lsl f fi| y r, m LEGEND: Issuedby Meteorological ServloeSingapore Is Thunderstorm Showers R n T !2^! lUfe °0 Wind direction and speed in knots Cloudy Day Weather o-O Hazy Wind speed symbols Conditions O Full circle w/o line indicates calm or light and variable winds Sl 9ht
      129 words