The Business Times, 28 November 2000

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Total Pages: 44
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 "^j^" MITA (P) 035/12/1999 85C Si SINGAPORE Irternet: htip://business-times.asial .com.sg/ TUESDAY, NOVEMBER 28. 2000
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  • Article
    Lock icon MARKET SUMMARY
    59 1 Dsn MTUn (-4.84) BT-SU 7KJC (+0.38) ST INDEX FUTTJBES MNLOO (-8.00) flora Finm ***** (-2.10) STOCK MARKET INDICES Monday Change TflStf? :;®S3Pfe^ CjAKARTA COMP —431.24-2J7 KMflLA COMP —1,«41§ -8.02 fSPEl WPI 5.433.78 +1179 SEOULCOMP £64.94 +23.20 CLSA CHINA B _117M4 +1-69 ADSTALLORD „*2W£8 +1189 11am EST Change DOW
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  • Article
    Lock icon FINANCE
    78 1 FOREX RATES US* s$ US$ 1.758 £(l;S$/S$ per 1.404 I4«7 EURO(US$/SS/E) 0.842 1.479 DM 1324 1-322 YEW 111. I 63.20 RM 3.800 2.162 HKS 7.80 4.437 BAHT 43.60 24.80 RUP1AH 9,455 5J78 *S$ to 100 units PSIKE BATES SINGAPORE* 5,80 KUALA LUMPUR 7.67 JAKARTA 39-09 BANGKOK f.5# MANILA 11.00
    78 words
  • Article, Illustration
    Lock icon 'I'm the President!' says Bush 'No, you're not!' says Gore
    1008 1  -  Bush claims victory after Florida certification, but Gore vows to contest results From Leon Hadar in Washington IS Republican George W Bush the President-elect of the United States and is he on his way to become the nation's 43rd president?
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  • Article
    Lock icon Singapore, India to work towards free trade pact
    370 1  -  From] David Boey in New Delhi INDIA and Singapore have agreed to work towards a free trade agreement (FTA) between the two countries. A working group tasked to explore a draft FTA wiUfneet early next year to discuss "what concrete issues we
    370 words
  • Article, Illustration
    Lock icon Sime moves to delist S'pore unit
    721 1  -  Bid of 92 cents a share is 45% above last traded price By< Christopher Tan [SINGAPORE] Clearly fed-up with the market's "undervaluation" of its subsidiary, Sime Darby Bhd has decided to fork out a 45 per cent premium over the market price to take
    Source: Bloomberg  -  721 words
  • Article
    Lock icon Maersk, in tiff with PSA, moves its NZ hub service to HK
    928 1  -  'Inappropriate action' by PSA forces it to accelerate its move to Pelepas By\ Donald Urquhart [SINGAPORE] Maersk Sealand, the world's biggest container line, has abruptly pulled out one of its few remaining services that calls here, blaming a
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      Lock icon Page 1 Advertisements Column 1
      102 1 INSIDE Top Stories SembLog pays $600 m for 20% of Swiss forwarder. Pg 9 NEL gets nod to list e-lnfrastructure firm. Pg 3 Great Eastern may hit No 1 spot In life insurance by next year. Pg 6 UK mobile phones to carry health warnings: reports. Pg 17 Majority of
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      48 1 So sometimes you go one step forv/ard, then one step sidew *ys arid half a step back then one step forward again. ki J George Yeo on doing business in India in its current stage of reform China, India urged to call for new WTO talks, Pg 8
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      7 1 Sime Darby's net jumps 12%, Pg 13
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      20 1 Gore says some Republicans egging him on, Pg22 For related stories recently published In BT, go to: httptfbushws*-tlmos.a*im 1 .com.sg
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Dow downer
        136 2 HERE are a few lessons from history that a Barron's reader has highlighted in the Nov 20 issue of the US financial weekly: 1) In 1954, the Dow was 27 per cent lower than it had been 25 years earlier; 2) in 1982, the Dow was 22 per
        136 words
      • Article
        Lock icon Greenspan gets glamorous
        150 2 BECAUSE of the power he wields over interest rates and the economy, chairman of the US Federal Reserve Alan Greenspan has sometimes been called the most powerful man in the US instead of the president. Every time Greenspan speaks, markets wait with bated breath while all his
        150 words
      • Article
        Lock icon Shopping clampdown
        128 2 HANDS up those of you that surf the Net whilst at work (we're sure there are a lot of you out there). Well, you can count yourselves lucky that you're not living in the UK as companies there are starting to clamp down on employees using the PC
        128 words
      • Article
        Lock icon Click, click here, moo, moo there
        70 2 US computer company Gateway has brought its corporate colours closer to life with the adoption of three Fresian cows at the Singapore Zoo. The computer manufacturer, which uses black-and-white cow spots as its official colours, adopted the family comprising a bull, a cow and
        70 words
    • Article, Illustration
      Lock icon Indonesians baffled by Gus Dur's attack on Singapore
      709 2  -  Some govt officials concerned about possible deterioration in ties From\ Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid's sharp criticism of Singapore at the weekend has been met with bafflement and a wait-and-see attitude, with the House of Representatives (DPR) saying it
      709 words
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      307 2 mi UNIVERSITY OF UNIVERSITY val SOUTH AUSTRALIA M' OF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" BSc (Hons) A BSc (Hons) Infonnatioii Technology Singapore 20th Intake •13 Dec Register Now/ BSc (Hons) Management "Ranked Top 5 Distance MBA in Asia" by Asia Week fllnmal
      307 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SembLog pays $600m for 20% of Swiss forwarder
      485 3  -  It will leverage on Kuehne Nagel's global network By] Eugene Low SEMBCORP Logistics is forking out $600 million for a 20 per cent stake in Swiss-based freight forwarder Kuehne Nagel International (KNI) as part of a strategic alliance to grow its logistics
      485 words
    • Article
      Lock icon NEL gets nod to list e-infrastructure firm
      393 3  -  By' Teh Hooi Ling NATSTEEL Electronics (NEL), which is being taken over by US company Solectron Corp, yesterday said it has received in-principle approval for the listing of its einfrastructure enabling arm, ECS Holdings. The initial public offering will be within one or
      393 words
    • Article
      Lock icon Lessons from JIT, NEL takeovers
      766 3  -  hockESH^B r sivanithy THERE'S a part of the market that believes that big, cash-rich foreign electronic companies are in town, hungry and on the prowl for takeover possibilities. Thanks to two such buyouts in the past four months involving JIT Holdings and Nat Steel Electronics
      766 words
    • Article
      Lock icon Fund proposes to track STI, instead of BT-SRI
      554 4  -  Meeting of S'pore Regional Index Fund unit holders on Dec 18 to decide on change By 1 Serena Ng ALMOST four years after its launch, listed Singapore Regional Index Fund is proposing to change its investments to track the Straits Times Index
      554 words
    • Article
      Lock icon Norway firm takes Osprey stake to 52.8%
      387 4  -  World Shipholding buys more shares from open market at $1 By Serena Ng NORWEGIAN shipping magnate John Fredriksen has taken effective and majority control over Osprey Maritime from purchases of additional stakes in the company from the open market at $1 per share.
      387 words
    • Article, Illustration
      Lock icon King Wan offers 30m shares at 20c each
      503 4  -  But only 2£m shares are available to public By' Vince Chong KING Wan Corporation, one of Singapore's leading mechanical and electrical engineering specialists with 23 years industry experience, yesterday launched its Sesdaq initial public offering of 30 million shares at $0.20 apiece.
      SIEW YAW HOONG  -  503 words
    • Article
      Lock icon TT posts 19% rise in interim earnings
      261 7  -  Diversification is beginning to pay off, says company By: Eugene Low TT International yesterday reported a 19.2 per cent rise in net profits to $2.9 million for the six months to September, thanks to healthy growth in its trading and logistics businesses. The
      261 words
    • COMPANY Briefs
      • Article
        Lock icon GeneMedix shares priced at 90 pence
        113 7 UK-BASED biogeneric pharmaceutical company GeneMedix has priced its shares after it launched a book-building exercise last week for a dual listing of 25 per cent of its restructured capital on both the Singapore and London exchanges. The shares are priced at 90 pence or
        113 words
      • Article
        Lock icon I-One revises profit downwards
        88 7 Reuters I-ONE.NET International has revised its net profit for the year ended July 31,2000 by a quarter due to the write-off of a US investment. I-One said net profit would be reduced to $3.43 million from $4.27 million on sales of $44.4 million, up from $34.8
        Reuters  -  88 words
      • Article
        Lock icon Transit-Mixed earnings slide 92%
        65 7 TRANSIT-MIXED Concrete said net profit fell 92 per cent to $142,000 for the half year ended Aug 31,2000, due to a drop in turnover and depressed selling prices caused by intense competition. Group turnover fell 47 per cent to $28 million because of a weakness in
        65 words
      • Article
        Lock icon Jurong Cement's interim loss rises
        89 7 JURONG Cement's net loss for the half year ended September has widened to $3.27 million from $1.65 million a year ago. Turnover increased slightly by 1.2 per cent to $38.8 million but intense price competition coupled with increases in raw material arid freight costs led
        89 words
      • Article
        Lock icon PNE profit up marginally
        127 7 PNE Industries said net profit for the financial year ended Sept 30 rose slightly to $3.54 million from $3.52 million a year ago. Turnover increased by 18 per cent to $34.1 million due mainly to greater demand from customers in the contract manufacturing segment. However, operating
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      • Article
        Lock icon Keppel Hitachi Zosen bags $17m deal
        48 7 KEPPEL Hitachi Zosen has won a $17 million deal to build two harbour tugs for the Abu Dhabi Sea Port Authority, Port Zayed in the United Arab Emirates. Both tugs are expected to be delivered in the fourth quarter of next year.
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    • Article
      Lock icon Enlarged Ascott debuts on bourse with lacklustre performance
      255 7 ASCOTT Ltd billed as Asia-Pacific's largest serviced residence chain failed to excite the market on its debut yesterday. Despite the merged entity having an enlarged shareholder base, a paltry three trades were done, totalling only 9,000 units. The counter slipped one cent
      255 words
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      224 3 If' J/ iiiifiriffifrifflr tfl ,< gsjj KVflißßSS&ilfc^S^^RS 4 v V vf ywr?T^JiSffla 1 It4j*ggsSgl 1 WS&SsSm li 9991 H^saHfiTCS££&Mfl esta* s SLjSjjg n fvi i Spp 53ESe8| M«Mwgß>Jj^»j»^fS^UAfe^P^Mtfiir*' l V I Tgdj|B^M|^M^™By^^^Til|l' 1 1 IfM WsSm flui^isi Conduct your business anywhere in the world, and be home in time for
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      Lock icon Page 4 Advertisements Column 1
      76 4 F^Park ePark@Ubi CUSTOMISED BUILDING FOR SALE Strategically located in a prime industrial area at Übi Ave 3/Übi Road 3 Easy access to the Pan-Island Expressway via Paya Lebar Road or Eunos Link Maximum flexibility in a facility specially tailored to your needs Excellent corporate image Land area 2,500 sq.m. per
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      97 4 K+> 1 KING WAN CORPORATION LIMITED I (Incorporated in the Republic of Singapore on 8 February 2000) INITIAL PUBLIC OFFERING I 30,000,000 New Shares comprising:- I (a) 10,000,000 Offer Shares at $0.20 each; and I (b) 20,000,000 Placement Shares at $0.20 each I Application for Shares may be made on
      97 words
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      188 5 2 _1 0 X 8 H 0} o z 5 o 3 K K < o fin mm The to the JUb HB hH fjg|| BH HB have strengthened their market positions. HBHHH HB BH Bn Now it's time for the innovation, Mobile H H With business professionals and IT
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Dealers cite Gus Dur's attack for cautious market
      548 6  -  STOCKS r.sivanithy THE local market entered a quiet phase yesterday, surprising traders who had hoped that Friday's momentum, augmented by a rise in the Nasdaq and S&P futures contracts, would continue for at least a couple of days. Possibly because proprietary traders
      548 words
    • Article
      Lock icon Untitled
      522 6 Stocks Volume Hotung Inv NT5 13,725,000 ChewEuHock 20c 13,637,000 Chart Semiconductor 26c 13,030,000 SGX1c 11,130,000 PCI 25c 8,694,000 IPCO 20c 8,210,000 AddvalTech 2.5c 8,069,000 Omni Ind 10c 7,888,000 OUB DB eCW*****3 7,642,000 PacificCenturylOc 7,098,000 Stocks Chart Semiconductor 26c 91,212,600 Omni Ind 10c 25,486,020 DBS Grp 22,146,422 OUB 19,824,150 SPH 18,801,660
      522 words
    • Article
      Lock icon Greenback retreats despite Bush's victory declaration
      359 6 AFP [TOKYO] The US dollar fell against major currencies in Asia yesterday despite Republican George W Bush declaring victory in the US presidential election, dealers said. The greenback traded at 111.00-05 yen at 0800 GMT, down from 111.33 yen in New York but up
      AFP  -  359 words
    • Article, Illustration
      Lock icon KepT&T wrt figures okay, but watch liquidity
      194 6  -  WARRANT WATCH By R Sivanithy EYEBALLING charts can be a hazardous business since the impression given may not turn out to be correct. A look at the Keppel T&T graphic accompanying this column could be interpreted as showing that after months of falls,
      194 words
    • Article, Illustration
      Lock icon OUB stock could bottom out soon
      252 6  -  HOT STOCK IUI Byy Wong Wei Kong SHARES of Overseas Union Bank (OUB) finished as one of the session's biggest losers yesterday. The stock fell 20 cents to $8.15, its day low, after opening at $8.35 and trading to a day-high of $8.40. Volume
      252 words
    • Article
      Lock icon Market Notices
      146 6 ♦OSPREY Maritime has been notified that World Shipholding or interests associated with it has acquired80,130,221 shares in the company. The purchase increases World Shipholding's stake in Osprey from 24.96 per cent to48.70 per cent ♦YEW Hock Trading, a wholly-owned subsidiary of Poh Lian Holdings, has entered into a
      146 words
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      Lock icon Page 6 Advertisements Column 1
      161 6 Never has the competition for business Ilk in ship repair and conversion been hotter! 1M —-rj With more new shipyards entering prices tumble white standards and time frames Now it's all hands to the pumps to secure new business! RMgh Seas, Tough Shipyards! V If Shipping Times' team of maritime
      161 words
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      60 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying Hie prospectus Investors must iead the pros|x<tius The value of the units and the income from them may fall as well as rise S3 'I JSBAf VEHICLES The Straits Times
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      248 7 Rewrite tke ruKts Forget the techno hype. Focus on profit and people. Change your 3G focus from just access to It spans from terminals and ready-to-launch To become a leader in 3G, join us in the profit-generating personal services and service packages to planning, management, Mobile Information Society. Visit us
      248 words
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  • SINGAPORE news
    • Article
      Lock icon S'pore, Korea sign MOUs to boost economic ties
      213 8 IN a bid to boost economic ties between the two countries, Singapore and the Republic of Korea signed two Memoranda of Understanding (MOU) yesterday. The two MOUs, one centring on co-operation between the SMEs of the two countries and the other on
      213 words
    • Article, Illustration
      Lock icon Great Eastern may hit No 1 spot in life insurance by next year
      625 8  -  With OAC merger, GE's share of S'pore life market rises from 27.3% to 30% By Siow Li Sen GREAT Eastern Holdings intends to wrestle leadership of Singapore's life insurance market from the American International Assurance (AIA) within
      CHOW GEE INN/ST  -  625 words
    • Article
      Lock icon China, India urged to call for new WTO talks
      399 8  -  From] David Boey in New Delh i SINGAPORE'S Trade and Industry Minister George Yeo has again urged emerging economies like China and India to coax the World Trade Organization (WTO) into having another go at talks to lift trade barriers as
      399 words
    • Article, Illustration
      Lock icon $1.4b of value added expected
      259 8  -  ■F*74oh the economy investments By] Eugene Low THIRD-QUARTER manufacturing investment commitments, which totalled $2.4 billion in terms of fixed assets, will generate $1.4 billion of value added, the Ministry of Trade and Industry (MTI) said in its latest quarterly economic survey. These investment commitments will
      Source: MTI  -  259 words
    • Article, Illustration
      Lock icon Business-friendly panel asks startups to speak up
      568 9  -  Suggestions made by the Pro-Enterprise Panel have led to reduced red tape Byi Chuang Peck Ming THE move to make Singapore the world's most business friendly country has got on to a good start but the govern-ment-led Pro-Enterprise Panel, which spearheads the movement,
      FILE PHOTO  -  568 words
    • Article
      Lock icon Exec condo owners too can start offices at home
      270 9  -  Bnt analysts say it's just an extension of HDB scheme and is unlikely to have a big impact Byi Andrea Tan THANKS to the Pro-Enterprise Panel, executive condominium (EC) owners can now use their homes as offices but property consultants are
      270 words
    • Article
      Lock icon Asia faces top skills shortage: survey
      483 10  -  9-country poll also shows S'pore may be ahead in mobile, wireless area By 1 Teh Hooi Ling INTERNET development, e-com-merce, application/system development and databases are the top few skills most needed by companies in the region but are lacking in the market, according to
      483 words
    • Article
      Lock icon Crash of PCRD shares not due to split
      142 10  -  Gerard Low Singapore I REFER to your article, "New Merrill warrant on PCRD: stay clear for now" (BT, Nov 27). Pacific Century Regional Development's share price did indeed crash from more than $40 to under $10. However, the reason appears to be
      142 words
    • Article
      Lock icon Singapore must act quickly on water supplies
      178 10  -  Denis Distant Singapore via Internet I REFER to the report, "Gus Dur says S'pore has only profits on its mind" (BT, Nov 27) and, in particular, to his thoughtless utterances and threat to cut the supply of drinking water to Singapore even before
      178 words
    • Article
      Lock icon Why was e-cashier's order not allowed?
      136 10  -  Li Zhen Ji Singapore via Internet IN the recent SGX initial public offer, applicants for the strategic private placement tranche were asked to pay for the shares with a cashier's order. As DBS Bank is the lead manager in this issue, why is the
      136 words
    • Article, Illustration
      Lock icon Opposition wards farther relegated?
      132 10  -  Andy Chong Choon Yeng San Jose, USA via Internet I REFER to your report "Govt to expand, speed up HDB upgrading" (BT, Nov 22). By changing the criteria for the main upgrading programme (MUP) currently only for over 18-year-old flats would the old flats in opposition
      FILE PHOTO  -  132 words
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      491 8 S Korea's Kim calls for direct N Korea-US talks, Pg 22 Fly direct to USA through Japan with ANA and get up to $600 worth of vouchers free! I Free Shopping Voucher (I Nov -31 Mar 2001 Now when you fly with ANA to USA or Japan, Relax with ANA
      491 words
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      15 8 221 COMPUTER PRODUCTS/ SERVICES To scan valuable information, loq on here. The Straits Times Classified
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      99 words
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      400 9 iiiasiaonemarkets WUHI presents Win $20,000 AsiaOneMarkets and Citibank bring you a real time, online investment game in which men pit their skills against women. We'll give you a million virtual dollars to play for the grand prize of $20,000 plus an additional $5,000* if you're a Citibank customer. where money
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      380 10 jflH a. jj jfl ,^H^HHHBP^ j9 J^L If you are aiming for long-term investment opportunities, set your To get the best shot at Europe's growth potential, you can invest in sights on Europe. Recent developments in Europe have made it a highly the ABN AMRO Star Europe Equity Fund managed
      380 words
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  • FOCUS property
    • Article, Illustration
      Lock icon S'pore likely to follow HK developers'price cuts
      704 11  -  I-11 comment PROPERTY As In BE, year-end seen as best time to attract price-sensitive home-buyers lee han shih Developers in Hongkong have started to cut prices. The question is: Will Singapore developers do the same? Last week has been one long bad ride
      704 words
    • Article
      Lock icon Lafarge to sell stake in specialty products unit
      331 11 Bloomberg LAFARGE SA, the world's largest maker of building materials, agreed to sell a majority stake in its specialty products unit to two private equity firms, valuing the business at 890 million euros (Ssl.3 billion). The buyers, Advent International Corp and CVC
      Bloomberg  -  331 words
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      42 11 {.'■a f l u *j— um A I I»^.— Hm sM i r wjm im6. LIB m s\ '""Jp The Straits Times Classified where virtually every I j home is f at your fingertips.! f§»\ iCATA Buy H. Sdi H. Find h.
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      94 11 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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      159 11 m Jr iPi&Hd&l JMtwMg€tlt€Ttt r ninhTltil UD A f?S n^ ttiijuijili nictanr#* T Mr niro frn*n Han JL fitf barn a respccted ftltSA in rmance tnrougn uistance I earning iroa Mancnesmtf Business School, one of the world's top ranking business schools according to the Financial Times, and developed jointly with
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      512 11 f Jones Lang W LaSalle. At79Robinson Road. CPFBuilding #01-01, #01-02, #B 1 -00, #82-00 Floor area: 77,264 sq ft H JxJ Lease of 99 yrs less 1 day from 10/1/1968 frontage Next to Tanjong Pagar MRT station Kg I'^Mpll Equipped with stand-by generator, IP vaults strong rooms, security systems, JAmEsP
      512 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon EU risks losing global contest for talent
      736 12  -  bottom line OPINION shada islam The writer is a Brussels-based journalist who contributes to BT FORGET institutional reform, monetary union or plans for a European army. The European Union's economic future may depend on its ability to attract foreign workers. "Europe needs immigration,"
      736 words
    • Article
      Lock icon IN OTHER WORDS
      70 12 'Everybody in China wants to own a mobile phone. For men, it's like having a cigarette lighter. For women, it's like wearing an accessory.' Hack en Hwang, 23 general manager of Chinese cellular phone shop 'The history of the South Sea Bubble is regularly recycled by new
      70 words
    • Article
      Lock icon Indon central bank's woes
      619 12 EDITORIAL INDONESIA'S central bank is in the throes of a deep crisis. The institution has been hit by a wave of turmoil and uncertainty over the status and the trustworthiness of its top officials, even as it fights a losing battle to assert its independence from
      619 words
    • Article, Illustration
      Lock icon So you think you make your own choices?
      911 12  -  That's just an illusion; in reality they are often determined for us by our social conditioning By] Michael Prowse FT FOR decades Anglo-Saxons looked on bemused as French academics such as Jean-Paul Sartre, Claude Le-vi-Strauss and Jacques Derrida lectured the world on
      FT  -  911 words
    • Article, Illustration
      Lock icon China signs rights pact but doubts linger
      761 12  -  COMMENTARY By] Erik Eckholm NYT [BEIJING] Why is this man smiling? In a picture splashed all over Chinese newspapers last week, a beaming President Jiang Zemin is shaking hands with the chief United Nations advocate for human rights, celebrating an agreement by which
      NYT; AP  -  761 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Private sector sees M'sia Q3 growth at 7-8%
      390 13  -  Economists see full-year estimates at above 8% From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S third quarter GDP figures will show economic growth tapering off as expected by most economists. Private sector economists have put third quarter growth estimates at between 7
      AP  -  390 words
    • Article
      Lock icon Sime Darby's net for 3 mths to Sept jumps 12%
      163 13 KUALA LUMPUR Reuters MALAYSIAN conglomerate Sime Darby Bhd posted an 11.92 per cent hike in net profit for the three months to Sept 30,2000, boosted by strong car sales and steady contributions from its plantations divisions. Sime said in a
      Reuters  -  163 words
    • Article
      Lock icon Tajudin to sell entire 29% stake in MAS
      504 13 KUALA LUMPUR MAS chief quoted as saying he has RMlb personal loans; to focns on multimedia, telecommunications THE chief of Malaysian Airline System has finally said he will sell his entire 29 per cent stake in the national carrier. The national Bernama
      504 words
    • Article
      Lock icon Renong block will cost Halim RM3b
      353 13  -  From] Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Halim Saad's pledge to buy a substantial block of Renong Bhd shares from associate United Engineers Malaysia will cost him over RM3 billion (Ssl.4 billion), according to UEM. UEM yesterday disclosed that the total cost of
      353 words
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      9 13 WIN a benef n Log on to I larfaone.cofr*!
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      247 13 —i_ Before he was i" two minds and couldn't make a decision. I Now, there's nothing he ever needs to worry about. Designed to answer every demand from great performance to low prices, the Net Vista A2O and A4op from IBM even comes with free 3 years on-site warranty worth
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  • REGIONAL news
    • Article, Illustration
      Lock icon North-east Asia's challenge
      1438 14  -  It took Asean to bring Japan, China and Korea together,, as part of the new East Asian summit savs YANG RAZALI YANG RAZALI KASSIM AN East Asian forum has taken root in all but name. At the Asean informal summit in Singapore last weekend, for the first
      XINHUA  -  1,438 words
    • Article
      Lock icon Sale of Salim plantations may raise over 3t rupiah
      378 14 JAKARTA Ibra official says deal may take 2 weeks to finalise Reuters INDONESIA'S Bank Restructuring Agency (Ibra) said yesterday the sale of 24 oil palm plantations formerly owned by the Salim Group could reap more than 3 trillion rupiah (SsssB million),
      Reuters  -  378 words
    • Article, Illustration
      Lock icon Corporate raider takes HK by storm
      579 15  -  Chan Kwok-keung, who already has his hand in a diverse group of listed companies, is on a major acquisition spree, QuakßlangWhai reports from Hongkong Quak Hiang Whai CORPORATE raider Charles Chan Kwokkeung is now the man to watch in Hongkong. Less than two months
      579 words
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      Lock icon 3 foreign banks pressing on with Philippine plans
      457 15  -  HSBC, Stanch&rt, Banco S&nt&nder planning expansion From< Al Labita in Manila DESPITE the gloom brought on by President Joseph Estrada's upcoming impeachment trial, three foreign banks are going ahead with their acquisition and expansion plans. Hongkong and Shanghai Banking Corp Ltd (HSBC),
      457 words
    • Article
      Lock icon Creditors approve Thai Petrochem debt plan
      238 15 BANGKOK Bloomberg THAI Petrochemical creditors approved a proposal to overhaul about US$3.B billion (556.7 billion) of debt, which will give lenders a 75 per cent stake in Thailand's largest chemical producer. Creditors approved the plan even as representatives of company founder Prachai Leophairatana sought
      Bloomberg  -  238 words
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      279 14 Cheese saves company. Sniff Do your employees fear or resist change? Do your employees turn down a change in their work portfolio? i Scurry: Does your organisation see change as critical to your survival? If you answered "yes" to any of the above questions, you're not alone. But please, for
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      255 15 See The Future Of Meetings < >! *< >:iis ''?&€> '^sS4P'Tm^H^^BI #OlP§I^B& f 1 uhb I —T1 J'tS LJ IJ 'i' Come see why The Pan Pacific Singapore is a favourite meeting place. With our new Ocean Rooms which complement the Pacific Ballroom, we give you 23 of the most
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      259 16 BR mm m mm |h B||L hI 1 Hi ,,J ■■■■Ml -V H inl !><^fiiiL'^i^. H| I 'l 'i i|l nr-iMii I I V ■WhateveLvoiiKto, wherever you Bmateoilßßßfenk online wj£J|gijji|^^^^ ■H |HB r ja timmr K r m ft -MBBMHBIIfe MHk. .ry .^-^^Si^MSmS^HKKEB^^^, 8 f®v* MTOMCTBi MBB—^ '.;-^U|H V N
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  • e-NEWS
    • Article
      Lock icon Telecom NZ looks to expand in Asia
      456 17 WELLINGTON It merges mobile phone and Internet businesses with Australia's AAPT Bloomberg TELECOM Corp, New Zealand's largest phone company, has merged its mobile phone and Internet businesses with recently acquired AAPT Ltd as it looks to expand in Australia and Asia. Telecom will
      Bloomberg  -  456 words
    • Article
      Lock icon Police raid Yahoo Japan over child poru
      190 17 report* alleged TOKYO#! .POLICE raided the Tokyo offices of playing host to iilegal trade in child ny over a possible breach of laws A forbidding child prostitution, child t pornography and indecency/*faid an official with the Kyoto police de~ fcartment in western Japan*
      190 words
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      Lock icon UK mobile phones to carry health warnings: reports
      335 17 Children will be warned not to use phones for too long Reuters [LONDON] All mobile phones in Britain will come with health warnings under new government guidelines to be rushed out ahead of Christmas, newspapers reported yesterday. The Department of Health is
      Reuters  -  335 words
    • Article
      Lock icon Softbank unit to form web building market
      232 17 TOKYO Reuters A UNIT erf Japanese Internet investor Softbank Corp and unlisted developer Mori Building Co Ltd said yesterday they would form an online market for trading construction project orders. Wholly-owned Softbank unit Softbank E-Commerce and Mori Building aim to inject competition into
      Reuters  -  232 words
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      Lock icon UK scientists on verge of making ultra-cheap chips
      375 18 LONDON Chips made from plastic; Cambridge University, Dow Chemical, scientists are the shareholders in the venture FT SCIENTISTS at Cambridge University have come up with the technology and funding to make ultra-cheap microchips from plastic, hastening the day when even the most
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    • Article
      Lock icon Majority of US surfers look for medical data
      434 18 WASHINGTON Reuters MORE Americans surfing the Internet look for medical information than for sport scores, stock quotes or online shopping bargains, a group studying how the Internet affects people's lives said on Sunday. Improving the way people take care of their health,
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    • Article
      Lock icon DoCoMo to buy 20% stake in KG Telecom for US$543m
      452 18 TAIPEI Bloomberg NTT DoCoMo Inc, Japan's largest mobile phone company, will pay as much as US$543 million (Ss9so million) for a 20 per cent stake in KG Telecommunications Co from Taiwan Cement Corp this week, a shareholder of the Taiwan
      Bloomberg  -  452 words
    • Article
      Lock icon Japan aims to be most advanced in IT
      305 18 TOKYO Govt plans to give 40m households high-speed Internet access in 5 years Xinhua THE Japanese government yesterday adopted a plan aimed at making Japan the world's most advanced information technology (IT) country in the next Ave years with almost all its
      Xinhua  -  305 words
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      Lock icon Philips, LG to merge tube business businesses
      467 18 Reuters [AMSTERDAM] Philips Electronics and LG Electronics of South Korea announced their second tie-up yesterday with plans to merge their television and monitor tube businesses to form a global leader with almost US$6 billion (5510.5 billion) in sales. The Dutch and Korean firms,
      Reuters; REUTERS  -  467 words
    • Article
      Lock icon Police block listings of start-up firms with yakuza links
      426 18 TOKYO Mothers board has been acting with police to check links to organised crime AFP JAPANESE police and the Tokyo Stock Exchange have blocked several start-ups listing on the Mothers small companies board because of ties to yakuza gangsters, officials said
      AFP  -  426 words
    • e Briefs
      • Article
        Lock icon Agilent to buy Objective Systems
        87 18 Bloomberg [PALO ALTO, California] Agilent Technologies yesterday agreed to buy Objective Systems Integrators for about US$665 million (Ssl.2 billion) in cash to gain its communications-management software. Agilent will pay U5517.75 per Objective Systems share, 31 per cent more than its closing price on Friday. The
        Bloomberg  -  87 words
      • Article
        Lock icon J-Phone East H1 earnings fall
        58 18 Bloomberg [TOKYO] J-Phone East Co, the Tokyo-based cellular phone unit of Japan Telecom, said first-half profit fell as it spent more to promote its mobile Internet phone services. J-Phone East reported first-half net income of 11 billion yen (*****.8 million), down from 14.6 billion yen
        Bloomberg  -  58 words
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      90 17 I H R > I Simpler Networking, anyone? K 1> > f m r :y J *frrwi" ''.> lilm VjA 3Cofp'§New Era Qf Business Networking J? wake up from your bandwidth nightmare to find 3Com's new line of products. From LAN switches to telephony systems to Internet gateways, every piece
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      409 18 I jJAmTTo advertise call toll-free 1800 741 1883 I*l V I lil/MiJ Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MALAYAN CREDIT HOUSE PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section
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      172 19 •> r T"k Xa'-V- ~.->■ j I '>. ,1# J m J--A *>% i .'■Si I 1 ~L sjg&j U*. > I I"™ /1 1 I l*l BK VV v v f (T^A.V>/VV L •HB ■Hi wfIraBWIBI 11 'ißßßpfei* k Oi Si ii llv ;ii^BHBßlfii K| jHgpgm 4;J||raHnH|^K^HH^B|^^H^HK ißWllMWlllDß^^BW^MWWl^BßgfiMfflTOfliaEßnrawCTiinn^MMWßilWßWnß^M• nmffl!aii
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  • REGION world
    • Article
      Lock icon Siemens plans radical US revamp next year
      353 20 MUNICH Move to coincide with NT listing US overtakes Germany as biggest market FT SIEMENS, the German electronics and electrical engineering group, is planning a radical reorganisation in the US next year in advance of a major push into the market. The reorganisation,
      FT  -  353 words
    • Article
      Lock icon CyberWorks to raise US$1.5b from floats of 3 JVs
      242 20 HONGKONG AFP HONGKONG'S Internet and telecommunications leader Pacific Century CyberWorks plans to raise US$l.5 billion (552.6 billion) for itself from the flotation of three joint ventures with Australia's Telstra Corp, it was reported yesterday. CyberWorks chairman Victor Li was cited by
      AFP  -  242 words
    • Article
      Lock icon Taiwan's leading economic indicator at 18-month low
      289 20 TAIPEI Officials cite mounting global economic uncertainty and domestic political worries AFP TAIWAN'S leading economic indicator in October fell to an 18-month low due to mounting uncertainty in the global economy and domestic political worries, officials said yesterday. The indicator of economic activity
      AFP  -  289 words
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      Lock icon Sharif, Bhutto to become political bedfellows
      322 20 Reuters [LAHORE] Imprisoned former Pakistani prime minister Nawaz Sharif s party has said it would ally with an an-ti-government alliance led by Benazir Bhutto's Pakistan Peoples Party, its bitter political foe. The announcement marked Sharif s first alliance with the party of Mrs Bhutto,
      Reuters; AFP  -  322 words
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      Lock icon Early polls gamble for Chretien
      488 20 OTTAWA It conld strengthen Liberals or squander its majority AP CANADIAN voters were ready to pass judgment yesterday on a gamble by their usually cautious prime minister, Jean Chretien, whose decision to call an election ahead of schedule could strengthen his Liberal Party or squander
      AP; REUTERS  -  488 words
    • Article
      Lock icon China plans to push e-commerce after joining WTO
      401 20  -  Govt set up an agency to promote e-commerce in Jnne From, Audrey Tan in Hongkong CHINA is. looking to expand trade through e-commerce quickly after its accession to the World Trade Organization (WTO), an official said yesterday. Yang Weidong, secretarygeneral of the
      401 words
    • Article
      Lock icon Indian minister attacks using tax havens to lure foreign investors
      363 20 NEW DELHI Finance minister says it harms global tax system Reuters, AFP INDIAN Finance Minister Yashwant Sinha yesterday opposed the use of tax havens to lure foreign investors, saying it harms the global tax system. "If we were to offer
      Reuters,; AFP  -  363 words
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      64 20 Website at I jjww£cra£2^ NO 6 MARSILING LANE, SINGAPORE Land Area 19, 347.4 sq.m. (208,253 sq.ft.) Total Gross Fioor Area (4 Blocks): 15,434 sq.m. (166,125 sq.ft.) Tenure 60 years from 1-6-1978 Ground Rent $12 per annum Tender closing: 18 December 2000, spm For more details, please contact Sole-Marketing Agent: DOVEBID
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  • WORLD news
    • Article
      Lock icon Modern hedge funds find new fans
      694 21 LONDON Non-traditional asset classes are producing better returns FT HEDGE funds look set to enjoy some bumper years. There is a growing realisation among institutional investors that, in an era of low inflation and high valuations, traditional assets are likely to produce low nominal
      FT  -  694 words
    • Article
      Lock icon Asia's recovery too narrow, say experts
      859 22  -  Recovery based on strong exports, fiscal stimulus; risks building up in global economy From, Anthony Rowley in Manila ASIA'S economic recovery based largely on strong exports and on fiscal stimulus has been too narrow for safety, experts from the International Monetary Fund, the World
      859 words
    • Article
      Lock icon S Korea's Kim calls for direct N Korea-US talks
      429 22 SINGAPORE He also urges Japan te play mere active role to ease tensions with N Korea AFP SOUTH Korean President Kim Dae Jung yesterday called for direct talks between the US and North Korean leaders, saying this was indispensable to peace
      AFP  -  429 words
    • Article
      Lock icon LSE desires alliances, says London mayor
      295 22 STOCKHOLM But he urges exchange to also leave its options open Reuters, Bloomberg THE Lord Mayor of London, a London Stock Exchange (LSE) shareholder, said yesterday that the LSE had a strong desire to seal alliances with other bourses such as Nasdaq but should
      Reuters,; Bloomberg  -  295 words
    • Article, Illustration
      Lock icon Gore says some Republicans egging him on
      739 22 WASHINGTON Bathe seems to want to assure Americans that an end is in sight NYT ABOUT four hours before Governor George W Bush of Texas was certified as the winner in Florida, Vice-Presi-dent A 1 Gore sat in his living room on Sunday
      NYT; AP  -  739 words
    • Article
      Lock icon Daewoo Motor union finally agrees to job cuts
      388 22 SEOUL Reuters SOUTH Korea's bankrupt Daewoo Motor yesterday said Its union had agreed to a company-proposed job-cut plan and other restructuring measures. The agreement would pave the way for creditors to make fresh loans needed to revive operations and for the court
      Reuters  -  388 words
    • Article
      Lock icon Japan insurers dealt blow by stock tumble
      623 22 TOKYO Solvency margins worsen, they give np their euro assets Reuters, Bloomberg MAJOR Japanese life insurers, hit by falling premiums and feeble investment returns, yesterday said their finances had been dealt another blow by the recent slide in Tokyo stock prices. Eleven insurers
      Reuters,; Bloomberg  -  623 words
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      622 21 Fu a symbol of good fortune. And expected to grow 7.3% in the year 2001* opportunities exist -if you know how to State Regional China Fund, a diversified even in the midst of volatility, fortune finds And China's impending entry to the World find them. Which is exactly what our
      622 words
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      103 23 This is what a client with password *ic-kieic ic looks like in an e-transaction. 'I ",'ff ''i \j 'im 1\ v", I *.;r,h;r,tKfjiutturalSkg. '!.•<" I*l* J» o'> r I»«»•> "'liliSfik 1 J It i 1 V k»l 1 :V, 'h>\?;; ;:i« -'lliMMIk... To be sure of his identity, rely on
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  • FINANCE & commodities
    • Article
      Lock icon Futures down on profit-taking, liquidations
      298 24  -  SGZ Derivatives Ttadln^Report ST Index/MSCI S'pore Index Lau Chee Keong Refco Singapore THE Singapore stock market closed lower, snapping a twoday rally on profit-taking, in a thinly traded market yesterday. The Straits Times Index finished marginally lower at 1,979.52 points, a loss of 4.84 points,
      298 words
    • Article
      Lock icon Last-minute short-covering helps futures
      229 24  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore THE MSCI Taiwan stock index closed lower yesterday on profit-taking after a sharp rally last Friday. Despite a 5.40 per cent rise in Nasdaq, investors preferred to lock in profit as political worries and dwindling profit continued to
      229 words
    • Article
      Lock icon Oil holds ground as Iraqi exports face threat
      166 24 ENERGY REPORT Reuters [LONDON] Lofty oil prices held ground yesterday as dealers fretted over the possible suspension later this week of crude exports from Iraq. London Brent oil futures traded down one US cent a barrel at U5533.11 and US light crude
      Reuters  -  166 words
    • Article
      Lock icon CURRENCY REPORT
      321 24 Reuters London THE yen hit a nine-month low against the US dollar yesterday, under pressure as news of a major bankruptcy, life insurers' poor trading results and weak retail sales data rekindled concerns about Japan's economic health. But the US dollar was generally easier against other major currencies,
      Reuters  -  321 words
    • Article, Illustration
      Lock icon Untitled
      1199 24 DfTERBAMR CROSS RATES Nov 27 AS C$ *m* Un ffr PnHK$Hiit» Ifrptoh Von Wow HI N2S Pafc is Peso SS Bid Sfr WTS Eaiit Powd US$ Australia 0.802 4.325 0.619 4062 1.211 4.0*4 24.416 49.265 0.579 6.188 1.980 1301 30.184 25.756 0.916 4.049 0.939 17.132 22.718 0-371 0.521 Canada 1247
      1,199 words
    • Article
      Lock icon Untitled
      1792 24 SICOM FUTURES Nov 27 RUtBER(MarescMa|asat9J0pa) RSS1 CONTRACTS CMts/ko) ClOM Volume OpM Mourn wm lew Srtt 9mmD IHrtrt dkoo 1 1 S5o 1 Jan 01 M2S 50 Feb 01 116.00 50 Mar 01 H7.50 350 RSS 3 CONTRACT (US cmUM VtfMM Oft* Montli M«h Uw Sit (touts) totortst Dec 00 64.50
      1,792 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Rebound in financial, prop stocks boosts Hang Seng
      2850 25 HONGKONG AFP rl Hang Seng +225.86 HONGKONG share prices rose 1.60 per cent higher yesterday on a technical rebound, dealers said. The key Hang Seng Index gained 225.86 points to close at 14,602.76 on a turnover of HK$B.B9 billion. "Basically, it is
      AFP  -  2,850 words
    • Article
      Lock icon Nikkei jumps on Bush victory hopes
      2033 25 TOKYO AFP Q Nikkei 225 +*****4 SHARE prices in Tokyo closed 2.80 per cent higher yesterday as investors welcomed Republican George W Bush's claim to victory in the US presidential election, brokers said. The Tokyo Stock Exchange's Nikkei 225 Index surged 405.04 points to
      AFP  -  2,033 words
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      Lock icon CHINA
      1019 25 Reuters, AFP rf Shenzhen Binder +0.28 CHINA'S hard currency B shares ended a touch firmer in thin trade yesterday on a weak technical rebound after falls in the previous session, analysts said. The Shenzhen B Index ended up 0.28 point, or 0.24 per cent, at 119.23 as turnover dropped
      Reuters,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,019 words
    • Article
      Lock icon TAIPEI
      353 25 AFP WP Index +13.79 TAIWANESE shares closed 0.30 per cent higher yesterday after late selling pegged back earlier gains, dealers said. The Taiwan Stock Exchange Weighted Price Index edged up 13.79 points to 5,433.78 on turnover of NT592.75 billion. Risers led decliners 358 to 176, with 76 issues unchanged.
      AFP  -  353 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon Local funds help push up KL shares
      391 26 AFP n Composite Index +17.46 MALAYSIAN shares surged 2.4 per cent yesterday, led by local buying, as sentiment improved over signs of an outcome in the protracted US presidential election, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 17.46 points to
      AFP  -  391 words
    • Article
      Lock icon Untitled
      8426 26 INDUSTRIALS Consumer products 2000 Last Vol Day Nat Cap High Low Company Sala OOP High Low P/E $mll 420 310 AJInomoto 340 ie.6 137.8 158 46 Angkasa 50 2 n 50 48 73.7 670 290 Apollo Food Hlg 352 7.6 140.8 3825 2700 BAT 50c 3800 100 710 3800 3700
      8,426 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2751 27 ■nil I* ■lllll U I will I I «ll BONDS A WARRANTS Nov 27 m Wnrtt M U*H SMHt LmI V« Dtf U»Ww» A«t M Cm* tor Mm HOa mi* lm cmmm <, Ia» *m- c+ooi m> i— Bayar m» wb <—Mat «at» w Biinait Law 91.3 3 S Acma
      2,751 words
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      Lock icon SEOUL
      310 27 AFP FlCompoate Index *2120 SOUTH Korean shares rose 4.40 per cent yesterday, with the index up 23.20 at its high of 554.04. Volume was 388 million worth two trillion won.—AFP »<w 27 (Don Anam Semi 6000 510 Brain Tech 500 10 Central Bank 170 unch Cheil Comm ***** 1000
      AFP  -  310 words
    • Article
      Lock icon MANILA
      280 27 AFP Composite Index -8.02 PHILIPPINE share prices fell 0.60 per cent yesterday amid a volatile political climate. The Composite Index lost 8.02 points to 1.434.25. Volume reached 599.80 million shares worth 450 million pesos from Friday's 453.55 million shares worth 600.93 million pesos. AFP Nov 27 Ptso (000) MRC
      AFP  -  280 words
    • Article
      Lock icon WELLINGTON
      267 27 AFP QNZSE-40 -184 NEW Zealand's share market closed 0.2 per cent lower yesterday in a quiet session following shortened trading in the US at the end of last week, dealers said. The NZSE-40 Index ended 3.84 points, or 0.2 per cent, lower at 1,960.99 on turnover of NZ594.80 million.
      AFP  -  267 words
    • Article
      Lock icon SYDNEY
      553 27 AFP Q All Ordinaries +19.80 AUSTRALIAN shares rose by 0.60 per cent yesterday, reflecting investor relief that the US presidential gridlock may be close to resolution. The All Ordinaries Index gained 19.80 points to close at 3,250.50 points, while the S&P/ASX2OO Index rose 22.60 to 3,303.20. The All Resources
      AFP  -  553 words
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      Lock icon BANGKOK
      726 27 AFP 2a SET Index -0.69 THAI stocks slipped 0.20 per cent yesterday, as a resolution to Thai Petrochemical Industry's debt restructuring saga failed to offset lingering negative sentiment, dealers said. The Stock Exchange of Thailand Composite Index fell 0.69 point to 284.73, while the SET 50 Index lost 0.06
      AFP  -  726 words
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      Lock icon JAKARTA
      689 27 AFX—Asia H Composite Index -197 INDONESIAN share prices closed lower yesterday, but off their lows, on profit-tak-ing and concerns about repercussions of President Abdurrahman Wahid's criticism of Singapore during the weekend, dealers said. The Composite Index closed down 2.97 points, or 0.68 per cent, at 431.24, off a low
      AFX—Asia  -  689 words
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  • Article
    Lock icon STOCKS sgx
    8754 28 SGX MAXNBO ARD Transaction date:Nov 27 Of Of M Wi 52-wt> Last Vol Day Last Quota Dlv Wv YM Not Cap Avg High Low Company Solo COOP) High Low Buyor Soltor H C'vf P/C $m» Prtco MULTI-INDUSTRY 163 75 m c Ac ma 50c 79.5 -0.5 21 80.5
    8,754 words
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      109 28 With the share trade settlement period reduced, you can still Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our et a s^orter tra de settlement period reduce your trading opportunities competitive financing, you'll also be earning daily interest on your cash balance
      109 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Fast technology, slow people
      1227 29  -  Why, after years of innovation and re-engineering, are big companies still struggling to survive? Blame it on friction, says patbick lambe PATRICK LAMBE The writer is assistant director at The British Council's Professional Development Centre. Visit his website at www.greenchameleon.com and e-mail patrick. lambefd britishcouncil.org.sg WE
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      Lock icon Winning the corporate war
      1543 30  -  STBVBHmoB turns to the ancient Chinese warlord Sun Tzu for strategies which 'infopreneurs' can use in today's knowledge economy STEVE HINGE The writer is a member of the associate faculty of Henley Management College. He can be reached at hmcapCqjemail.com or steve.hinge@clear. net. nz THE other
      FILE PHOTO; REUTERS  -  1,543 words
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      2427 29 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 In the matter of The Companies Act, Cap 50 And In the Matter of PRUDENCIA PTE LTD STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, LIM MIN SWEE of Blk
      2,427 words
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      93 30 projecteyeball. You asked for it! Now, read the answers to your questions on birds, bees and babies. Get today's Project Eyeball for your Stork Options. r Project Eyeball is available only at Cold Storage, BP, Guardian, Borders, MPH, Tower Records, 7-Eleven, selected Times Bookshop, I Kinokuniya, Coffee Club/Coffee Club Xpress,
      93 words
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      238 31 Where to wine, dine and entertain..."""? '<i>asa KfljaiSsS Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: #25.80 (Adult), 40% discount (Child) Dinner: £26.80 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011: Prices subject to service charge fjort.
      238 words
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      Lock icon Page 31 Advertisements Column 3
      18 31 Spring Cmirt jZr'iinnivcrstn v Company Annual Dinner Special Suckling Pig 71t, (usual price S <SH^ Tel: 449 5030/6
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      Lock icon Page 31 Advertisements Column 4
      25 31 1 Jl Wine Dine Entertain I Business Times 1 Ii 8 I Contact Patrick Ang 740 1284 j or Amy Choo 9 *****59 now. f
      25 words
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      Lock icon Page 31 Advertisements Column 5
      54 31 tkt ,/f ft of T<wyiA< cxfiexitnee at <D\cfuvul, tke. taint team of jixoftaionalyet ibf /Vt^r^ c^J toyctfua once again to continue out lfitaiaf relation iJiif 2 I actrtinnff I uritA you. fIBHH-J ri ImßMMtnluMtilk vi'^ by CO*. 737 0196 or tax:: 7379 m. 60 Robertson Quay Hi 3 #01-13 The
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      930 31 |j/| 11n fw«it, ai 6.30 Judge Judy. 530 ID. 230 Headlines Graphics. «JI» KM 7.00 Touched By An Angel. 6.00 Selera Asia. 2.02 To 6.00 am: Real-time 9.00 AM Kids Central: Sesa- 8.00 Spin Season 2. 630 Seri Ramadhan. Financial Data. me Street. 830 Making Love. 7.00 Fikir-Fikir. 10.00 Arthur
      930 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 2
      283 31 CRYPTIC CROSSWORD ACROSS 6 Otd Bob, we hear, clutching cent 9 Encouraged the record of accu- oome rruilation of work (7) Narcissist has come again, sad--11 Witty remark of retired soldier in 13 Attribute of an old writer 7 record hit (7) 15 Wherein hot-rod drivers were 12 One who
      283 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Watch winner used year of birth to STI close
      299 32  -  By Cheah Ui-Hooa MSN may need their financial spreadsheets and detailed charts to second-guess the stock market, but for accountant Ong Lee Wha, it's a simple case of using her oftirth. The result? She won the top prize of a $14,000
      CHRIS LOH  -  299 words
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      Lock icon Being housewife and father at same time
      703 32  -  Al speak Michelle Wee THREE years ago, I made a conscious decision to put my career on hold after working for almost two decades. There was no agonising over the decision. My children were at the time six and two years old respectively,
      703 words
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      76 32 i —ESS?'* BVLGAR I i- ip' M T\ C «p; M I I I I I I I I I R S [i/ e S i ll I) a at c li S !V;_',! pore 11 lit <> ri Hotel I.tka > h i m i'■ i 1) ep■! r'
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      297 33 Reuters THE Baltic Exchange corrected the rate on Glencore's Helsingborg to Tunisia 25,000 tonnes wheat fixture to U5517.50 a tonne, from U5525.50 reported oft Thursday. Six new ore fixtures were reported, including a 140,000 tonne cargo from Tubarao to Rotterdam and Antwerp at US$9.4O a tonne for December
      Reuters  -  297 words
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      Lock icon MARITIME STOCKS
      299 33 SAX 000 imi CWT Distribution —0.58 unch 9 ChuanHup 0.37 unch 633 Cosco investment Q.T7 unch 0 Freight Links 0.14 0.01 IS GB Holdings OM unch 0 Hal Sun Hup 0.25 unch 337 IMC HokHngs-HK —S.60 unch 0 JayaHok*ngs_____0.17 0.01 590 Keppel Corp 3.46 -0.04 121 Keppet FELS
      299 words
    • Article, Illustration
      Lock icon Port state control drifting off course: Asian shipowners
      519 33  -  Concern raised that some PSCs may increase checks on quality ships instead of targeting sab-standard ones By) Donald Urquhart [SINGAPORE] Asia's major shipowners' group has taken a swipe at Port State Control (PSC) inspections for not having properly targeted substandard shipping. The
      AFP FILE PHOTO  -  519 words
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      Lock icon Long lost treasure recovered
      86 33 [GULF OF MEXICO] Picture shows divers working on the recovery of treasure from a sunken Spanish galleon in the GulfOf Mexico. The Australian firm, maritime Archaeological Investments Ltd (MAIL) revealed yesterday that treasure worth US$5OO,OOO (*****,000), including 205 silver "pieces of eight, "a sapphire ring and
      AFP  -  86 words
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      Lock icon British shipyard to lay off hundreds if Italian contract falls through
      270 33 Cruise liner was due for a £51m refit at Cammell Laird AFP [LONDON] British ship repair company Cammell Laird Holdings may have to make hundreds of workers redundant after an Italian customer tried to suspend a major contract, British
      AFP  -  270 words
    • Article
      Lock icon Australia's Lang Corp to buy Mayne Nickless's port business
      185 33 Bloomberg [SYDNEY] Lang Corp, Australia's No 1 stevedoring company, has agreed to buy the ports business of Mayne Nickless Ltd for As 47 million (5542.77 million) to expand its cargo distribution operations. The sale by Melbourne-based Mayne, Australia's largest private hospital
      Bloomberg  -  185 words
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      Lock icon China to develop box transport on inland rivers
      261 33 Xinhua [SHANGHAI] Three tasks have been prioritised by the Chinese Ministry of Communications to further develop containerised transport on Chinese inland rivers, said a senior official at a symposium recently held in Shanghai. According to the official, first, China will quicken its
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      Lock icon BULLETIN BOARD
      519 33 PEOPLE The chairman of World-Wide Shipping Group Ltd, Helmut Sohmen, has been unanimously approved as the next chairman of the International Tanker Owners Pollution Federation Ltd (ITOPF) by the federation's board of directors. Dr Sohmen. a director of ITOPF since 1986, will take over from Helge Schmidt of
      519 words
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        Lock icon An agile, efficient giant
        949 34 High technology has enabled established S'pore port operator to provide integrated services at a super fast speed AP [SINGAPORE] JEFFREY Lee is not your burly longshoreman of old. Singapore's port may claim to be the busiest in the world, but Mr Lee no longer spends much
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      173 34 PAGE Dongnama 3 Accord 6 6 ftnprnTfili) 5 Evef Hone$t 6 Assets 7 ECL 4 Austral 6 ECULiBe 5/6/7 5 s hOOOQ Mjn D Fuhai 7 s:"" cu Gemartrans 6 CMACGM 3 H C0SC0 5 Hanj* 3 Heung-A 4 <*** 3 Hyundai 7 Central Ex 6 )ntertsii
      173 words
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      Lock icon SHIPPING GUIDE
      16199 40 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number (■■■■■■■■■■■■■■■■■■■■■■■■I MMHWMHHMIMNNHHMMMNHMNMMMNMMMHWHNMMMMttMMW 16/12 05/01 COSCO WESER BRIDGE J050W 65-*****00 To ABIDJAN (ABJ) 2003 Cote D'I voire oj/j, Everqreen LT URSULA 0073-012W 65-*****11
      16,199 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        804 43 Vessel Voy No Berth Arrival Departure Spc Capritor 2 J-"* 27/11/6:25 27/11/1930 Bt Smn Indah mOO JOI 27/11/8:10 27/11/2330 You Sheng I JTI 27/11/6:55 29/11/9:00 8ayswater118 MO 2 88 J03 27/11/9:10 27/11/1630 Winstar 2 52S00 J03 27/11/7:20 27/11/2130 Greatexpress 2400 J15 27/11/8:45 27/11/23:59 Marblue 37 J23 27/11/9:40 01/12/1230
        804 words
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        Lock icon CONTAINER SCHEDULES
        2026 43 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Boofctnq/IUIancc Rstis Ship Voy Ho Etb/Btr Ported Frow To Frow ACTUAR1A 07M0H 29/8:00 2A 24/TOO 27/0459 27/OMO 21 24/1700 27/0659 27/0900 3 27/0700 27/189 27/MM 4 27/1200 27/MM 27/1700 AC* GARNCT UN 28/2300 2A 24/TOO 27/04M 27/B9W 21 24/1700 27/0659
        2,026 words
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        Lock icon GLOBAL HOLIDAYS
        128 43 Nor 30 Philippines: Bonifacio Day. USA: Thanksgiving Day. Deo 3 Japan: Culture Day. Deo 5 Thailand: H.M. The King's Birthday. Deo 10 Thailand: Constitution Day. Deo 23 Japan: Emperor's Birthday. Deo 25 USA: Christmas Day. Philippines: Christmas Day. Canada: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Sweden:
        128 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
        545 43 Carbon ISO Max 990.7 0.7 12.9 0.10 79 0.03 No* 23 Density Water Residue Art Aluminium Sediment No above E25 0 0 0 0 0 0 380 Ave 9675 07 02 0.06 26 0.02 (um 360 Mai 993.2 0.6 15.6 0.09 70 0.03 M/IT3 %M/M »M/M
        545 words
    • AIR & LAND transport
      • Article
        Lock icon Karachi airport aims to woo back foreign airlines
        406 44 Pakistani airport offering cheap fnel prices and other incentives Reuters [KARACHI] Pakistan is offering competitive fuel prices at its main Karachi airport and a host of other incentives to draw quality foreign airlines back to the country, a senior official said. Aliuddin,
        Reuters  -  406 words
      • Article
        Lock icon Shangdong Airlines launches service to western province
        256 44 Xinhua [JINAN] Shandong Airlines (SDA) in China is to start a regional air service to Golmud in the western Qinghai Province today. The 2,580 km flight from Qingdao (Shandong Province) to Golmud will take four hours to complete, including stops at Zhengzhou Henan
        Xinhua  -  256 words
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        Lock icon SAS names next chief executive
        301 44 Bloomberg [STOCKHOLM] Scandinavian Airlines System, Europe's sixth-largest carrier, named Joergen Lindegaard as its chief executive, effective June 1. He will be the first Dane to head the joint national carrier of Sweden, Denmark and Norway. Mr Lindegaard will succeed Jan Stenberg, who is retiring after
        Bloomberg; AP PHOTO  -  301 words
      • Article
        Lock icon KL airport limo service unsatisfactory: minister
        188 44 Bernama [SEPANG] City taxis have been allowed to pick up passengers at the KL International Airport (KLIA) since Nov 15 because the service rendered by Airport Limo Malaysia Sdn Bhd (ALM) is unsatisfactory, the Entrepreneur Development Ministry reiterated. Minister Nazri Aziz said passengers had
        Bernama  -  188 words
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        Lock icon UK train derails
        51 44 [LONDON] A passenger is taken from the derailed Virgin train at the Mossend south junction near Motherwell in Lanarkshire. A spokeswoman said the train, which was travelling from London to Glasgow, derailed with no reports ofany injuries, and the cause of the crash was not immediately apparent.
        REUTERS  -  51 words
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        Lock icon Bombardier's Q3 profits up
        145 44 Bloomberg [MONTREAL] Bombardier Inc, the No 1 maker of small passenger jets, said fiscal thirdquarter profit climbed as it sold more planes, boats and all-terrain vehicles. Net income in the quarter to Oct 31 rose to C 5225.9 million (***** million), or 16 cents a share,
        Bloomberg  -  145 words
      • Article
        Lock icon Taiwan and Russia to open direct air links
        257 44 AFP [TAIPEI] Airlines in Taiwan and Russia have reached an agreement on opening direct air links, the Taiwanese government said yesterday. Wu Jung-kui, an official from the transportation and communication ministry, said Moscow-based Transaero Airlines and Taiwan's largest carrier China Airlines (CAL)
        AFP  -  257 words
      • Article
        Lock icon Qantas plans to take over Hazelton Airlines
        234 44 It will make off-market cash offer ofAsL2oashare AFX-Asia [SYDNEY] Qantas Airways Ltd said it intends to make an off-market takeover bid for all of the shares in New South Wales regional airline Hazelton Airlines Ltd via a cash offer of A 51.20 per
        AFX-Asia  -  234 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1928 44 SgSTT r AM229 2210 KZ45f® 1655 RZ457J Z35f IH63S0 2230 S***** 1655 S***** 2359 M229 22*1 Fvioou S0989 1550 S099C 0130 hmiitltm SOD 0M0 M974 0120 tWfdM S0003 IM0 C23S2 098 U.0037 1535 ***** 0B5 COM OQi iWW 88 *25 aK 740 14,0 T ***** B45
        1,928 words
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      643 34 NORTH AMERICA QULF/INCHA SUB-CONTINENT BUPBI SHUTtLB KUWWS HBXI I W* VOY LGI SM KUNG VfSSE W U —I m M M M/ 1, PtOMDUOTDIANOAI ANAS IX 22/11 13/11 25/11 N/II OOCI AMERICA 47W45 15/11 03/11 05/12 PtO NBUOYD MOROURNi IN 19/11 31/11 02/12 10/13 OOa CAUfORMA 49W44 22/11 10/12 11/11
      643 words
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      Lock icon Page 34 Advertisements Column 2
      703 34 nes J rv c l represented by Members of the Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association g ULY UNC MALI jvcssa vot [1u [75 m P. RUNG SPOKE RMlf *jj Empress Lily VO9OO 05/12 06/12 14/12 Princess Lily VO9OO 28/12 29/12 05/01
      703 words
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      1170 35 SAX SERVICE (DIRECT) vßsa vot sieia ux oak pai hou 08 (n wi m wt AftiMX OMT~ 08/11 23/11 28/11 28/11 28/11 28/11 28/11 28/11 29/11 29/11 JIPI GARNET 024E 15/11 30/11 05/12 05/12 05/12 05/12 05/12 05/12 07/12 07/12 AftSPWB. 024E 22/11 07/12 12/12 12/12 12/12 12/12 12/12 12/12
      1,170 words
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      Lock icon Page 35 Advertisements Column 2
      1590 35 (g) HANJIN SHIPPING jik FI *0 4Ms Mr* Lot -Sote *****30 HAJUM SMPfMG (S) TO LTD h* //m. b*. KKXUHG *****35-237 SALfS: *****2* 231 OOCUMHI: *****71-274 OfBUUMMS: *****50-2 SI MAB UK: *****55 fA»:S34H4S CI WO: 11 SXfJMWI TO NW USA CANADA I USA mva/vor oab 5~ uMHMA/vor sa nw dbi
      1,590 words
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      Lock icon Page 35 Advertisements Column 3
      272 35 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220-8558 ShMHCI A##§t>« BeleysSe Mo4ors lbftffit| Ma BM B«4#f# SUfftM AfMcWt Pi# M. fcfc *****50 U##l<Wl 40WA77 ttl7(H«) MJ 717J75J3 200 Cwl.wi.T KT f„ IS f mk >"**• «»PP»M »M H-02A SwAwfat PmfIWI M2IM4M (f«) M
      272 words
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      1441 36 SENATOR LINES TO UK/CONTINENT TOMKUfIKKItANEAfttCANADA VtSSEL VOY aT* LEH m MB Mi m FU Vttstl WTI m BIT gt FD» VIC MTU HARIM SAN FRANCISCO OOltW 28.11 15.12 11.12 18.12 11.12 20.12 21.12 CAUFORMASENATOR OM3W 3011 17.12 10.12 21.12 23 12 M.lf TRADE SELENE 0033W 01.12 24.12 25.12 22.12 22.12
      1,441 words
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      843 36 Carrier: RAN CONTR LINES, INC p.guoang:(o7)3bb3726 NV\ J c* KO. IaOMTMOOOB SeU: (064)*****9 MANILA: (832) *****24 WW PB4AMQC <04) *****36 BANGKOK: (MB) *****67 SURABAYA: (31) *****11 ft MELANQ: (06) *****77 JKT (21) *****46 KUCH6XG (082) *****1 -3 HO CHI WINH JAKARTA MV "HARI BHUM" V.408N MV "KMTC PUSAN" V.016S ETA
      843 words
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      715 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO. MUMBAICOLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS Vrael S PORE N. SHEVA COLOMBO P.KLANG TULSIOAS V.134 03 DEC 12 DEC 17 DEC 23 DEC FRONTIER V.102W 10 DEC 10 DEC 24 DEC 30 DEC PU GLORY V.102W 17 DEC 20
      715 words
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      1740 37 |VESSEL VOY KHH HKG I SIN 1 PKL PXB BAB DMM BIK H IRAN TABATABAEI PCL-183 28/11 29/11 02/12 03/12 12/12 13/12 15/12 17/12 IRAN KERMAN PCL-184 05/12 06/12 09/12 10/12 19/12 20/12 22/12 24/12 IRAN ISFAHAN PCL-185 12/12 13/12 16/12 17/12 26/12 27/12 29/12 31/12 IRAN BAAKERI PCL-186 19/12
      1,740 words
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      Lock icon Page 37 Advertisements Column 2
      1868 37 TO: COLOMBO EVERY MONDAY (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE 80 ROIINSON RD TEL: 226 1900 FAX; *****08 OUTWARD (l/l) *****02 Cikil-lllfc I COSTAR SHIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD DIPT (0/0) *****86 COSTAR AGENCIES (M) SDN BHD ICR NO: **********0 m SINGAPORE *****8 CONVENTIONAL *****01/850 T/SHPMT
      1,868 words
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      903 38 MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VESSa/VOYACE I SGP IgOVKN |06 |pkj Irdm |wv [nr |m 03/12 15/1217/1? 19/1? 21/1? 2002 21/1? 23/12 HI? J USOOMAg IC/12 22/12 24/12 26/12 2&12 27/12 3V12 IJURSUUOO73OI2W 17/12 29/12 31/12 01/D1 03/D1 (Mil 07/81 OR/DI PUHE OQ74QQ7W 2V12 05/81 07/01 Q»/D1 11/01 10/01 12A)1 14/01
      903 words
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      356 38 ARAiiAN PBKIAN OULP/WPiAW SU» CONI#«NT StVIOE IXPORT VESSEL VOYAGE SGP CMI DUR JBA ABU DRW lAN KMNXV SONGHE OISaW 01/12- 12/12- 14/12- 18/12UNIAMPIf 0641-033W 04/1? 01/1? 13/1? 14/1? 15/1? UNI PATRIOT 015M11W 05/1? 09/1215/12- 11/12 ZHUAMGKE 0160* 01/12- 19/12- ?1/1? 25/12UMASSENT 0642-023W 11/12 15/12 20/12 21/12 22/12 UNI PRUDENT 01S4-00SW
      356 words
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      935 38 SABIOKOK/MAP TA PHUT/LAH CHABAHO JAKARTA^ABBJAHQ ma vot mi mi Mir ifx VKSE vor sin jkt pjm Mwm m—jsm —mi—<m— ,y* jjj™ mm ***M|HVM AA m 93ZL2 21Z12_ Ktuur.arwf 03/1? 04/1? Z'Z JS_S=it==±== DOAIHUW I4IN 02/1? 07/17 05/1? I«T1 »HUM IMS OS/I? 10/1? mwi 1HIIM" 3MM 01/1? 04/1? 07/1? ceMng UTC
      935 words
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      521 38 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE va wi_ m m m tm syd m hba m. m raiSMM 03S 17/11 »/ll 01/1118/17 11/" rnirn «T 5/5 as/12 11/u 17/11 ivi? n/ii ram mum ~1& u/u 11/11 n/ii k/i? aj/i* ~aw HiNom "a" i»/ii»/it k/h 11/11 oyoi is/oi
      521 words
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      487 39 BSA x M MYANMA «BBk FIVE STAR LINE (Myanmar National Line) w Loading (or Yongon VESSEL VOT SIM Pitt PEN PGU MONO U 34W SU> PAGAN 285W SU) MALAYSIA AGtNTS: BOUSTEAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL HI 03-*****101 PIN: TU 04-*****02 PGU: Til 07-*****21/4 BANK LINE (A service of
      487 words
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      1356 39 HMAT-" HYUNDAI MERCHANT MARINE CO., LTD. VBSa ~VOT~ "sir SOU 1 IB! riM I ANT HAM |WV [VBSa I VOT I SOU I IB! I BflM ANT HAW WV~ 51 API FRANC VLO29W 30/11 18/12 23/12 20/12 21/12 UIOK 5371 10/11 11/11 #5/11 17/11 »/|J Hams VUJI9W 01/12 22/12 17/12
      1,356 words
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      813 39 vOto WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA CAR RORO NiAVYlin SERVICE" VKSB VOY RAMP HEIGHT SIN LK MAO |MU SAV lAI ORF I NYC NiW MO» "I TAMPA AHO23 400 Tom 531 29/11 26/12 03/01 06/01 OS/01 10/01 11/01 13/01 17/01 20/01 TALAIOT AHO24 400T«b 6.3 M 11/12 17/01
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      95 42 New Advertisers/Services/Agencies KYOWA LINE Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily RCL's Steaming into China Frontiers, Pearl River Deha Ports Via Hong Kong and Yangtze River Ports Via Shanghai. We offer weekly fixed day schedule to HONGKONG, SHANGHAI and QINGDAO Eta Singapore: Every
      95 words
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  • Page 43 Miscellaneous
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      130 43 rn FOR 7 AM Oft Kinv onnn HBg^.z&n Issued by Meteorological Service Singapore Thunderstorm jl Showers Rain Temperature Wjnc dj rec tion and speed in knots 1 Weather Cloudy Day c><3 Hazy Sea Conditions Wind speed symbols s < 1 2m O Full circle w/o line indicates calm or light
      130 words
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