The Business Times, 13 December 2000

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Total Pages: 50
1 50 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C S INGAPORE Internet: http://'Dusiness-times.asial .com.sg/ WEDNESDAY, DECEMBER 13, 2000
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  • 66 1 Dsn U63J71 (-20.58) n™ mm mm (-0.35) ST INDEX FUTGXES UNJO (-28.00) risDßannißß mm mM (-1.8O) STOCK HABKET INDICES KLSE COMP 55S-J55 NIKKEI 96 IUMJ4 HANG SENG 1MHM -78J4 SET INDEX Mtt A» JAKARTA-COMP 416.18. MANILA COMP -1*8,16- *4M taipei wpi —ijutM —mm SEOPI-COMP HUB -11-72 CLSA CHINA
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  • 71 1 FOBEX BATES US$ s$ US$ 1-7* £(US$/S$per£) 1-456 ISM EURO(US$/S$/E) OS79 IJBK DM 1224 1582 YEN 1112 M.10 RM IBM 11* HKS 7.7*7 4.4* BAHT 43J3 21.09 RUP1AH 1,487 MSO PRIME BATES SINGAPORE* 5.80 KUALA UJMPUR 7.67 JAKARTA ».80 BANGKOK 9.86 MANILA 11.W HONGKONG 8.86 TAirEI 7.84 SYDNEY 8.50
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  • 703 1  -  ■UHZM3hmmh Sources say ÜBA approval comes with proviso for underground link to Orchard Point By Kalpana Rashiwala [SINGAPORE] In a development that would interest other Orchard Road mall owners, Centrepoint Properties' delayed plans to build an extension to its namesake mall may be
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  • 538 1  -  From Eddie Toh in Kuala Lumpur THE Kuala Lumpur market took a knock yesterday as investors dumped stocks of Renong Bhd and associate United Engineers Malaysia (UEM) following the latter's decision to allow tycoon Halim Saad to delay payment for about RM3 billion
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  • 826 1  -  Steepest drop of 41% are for calls to HE; most cats offered by new providers Teh Hooi Ling [SINGAPORE] Phone charges to the top eight overseas destinations have fallen by an average of 16 per cent in the past three months,
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  • Page 1 Advertisements
    • 92 1 dtstoe Money Mutton US markets: trickier ride ahead? Pg 32 Top Stories MAS to sell 15-year Singapore Government Securities (SGS) next Sept Next Page Avimo earnings surge 48% to $30m. Pg 4 Hope yet for smallticket electronics items. Pg 4 111 8 "*****1******4" Earn PERKS everytime you spend. With greater
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    • 24 1 > > Astra chief on rights issues. debt repayment cash flow Pg 18 Who will bag the for 2001? Pg 17 What now for Back Pg
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    • 22 1 i2u raises the ante in overseas call market, Pg 7 1 > k f *-s*. i'* Roar of the Celtic tiger Pg 23
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  • NEXT page
    • 383 2  -  Traders upbeat about demand; say securities will serve as market benchmark Ling Su Ann [SINGAPORE] In another move to develop Singapore's bond market, the government will for the first time issue 15-year Singapore Government Securities (SGS) next September. The issue one of
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    • 295 2 It pays to keep tabs Comparison of overseas charges for a 8-minute-15-second call (S$) via Zone 1511 viaZone1511 w m MUtt I**! I« i MM HS HH131 EBIIiflU B f WH IPSPlft at KSffffil s msl IH91 f m 1 fm T?f H9 LMMI iHl AsaUr GfTpsafr Peak Off peak
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    • ON THE grapevine
      • 117 2 THOUGH technology stocks seem to have fallen out of favour lately, Creative Technology, the world's foremost soundcard maker, looks poised to position itself for future growth. We hear that chief Sim Wong Hoo wants to expand Creative's headcount by more than 10 per cent by the end of
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      • 87 2 LAST weekend, BT ran an online poll after the announcement by the Singapore Broadcasting Authority that it would adopt digital broadcasting. Readers were asked to respond to the statement, 'The digital TV committee wants to do away with analogue.' Here's what readers think: It is a good recommendation
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    • 875 2  -  BTiamiuwj S'pore-born Charles Tseng is also first 'outsider' in the job By Anna Teo [SINGAPORE] Korn/Ferry International's latest search for a new Asia-Pacific president has landed it its first Asian and first "outsider" in the job Singapore-born Charles Tseng from rival firm
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    • 398 2  -  Young Ideas Panel will work on projects to boost businesses By Vince Chong [SINGAPORE] A group of 30odd chosen men and women below the age of 30 gathered yesterday at Capital Tower for the inaugural reception of Capita Land's Young Ideas Panel, or YIP.
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  • Page 2 Advertisements
    • 120 2 ZENITH Swiss watchmakers since 1865 PPST El Primero, the first automatic chronograph movement in watchmaking history, was developed in 1969 and its creation represented the last great challenge in the art of watchmaking. To this day it is the most accurate chronograph in the world, measuring time intervals to a
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    • 5 2 Korn/Ferry diversifies downwards, Pg 9
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  • US election
    • 785 3 NYT [WASHINGTON] Dec 12 midnight is the deadline established by federal law for the selection of Electoral College delegates who will vote their choice for president next Monday. But how can this be done with the last five weeks of protracted
      NYT; AFP  -  785 words
    • 779 3 NYT [NEW YORK] On Saturday, when the US Supreme Court stopped the recount in Florida, Associate Justice Antonin Scalia sent a thunderous message to the world. The Bush team "has a substantial probability of success", he said. In the legal
      NYT  -  779 words
  • Page 3 Advertisements
    • 38 3 'EtouJM. FRANCE Celebration of Art ana Fantasy for the New Millennium. Jnu££fe.v ;^^Hk v 7 <£tOO' Daum Boutique: Paragon Ground I'ioor #01-16, Tel: 737 1454 Daum Comers: Robinsons Centrepoint, 4tli Level; lakasliimaya Ann Lity, Basement 1 Website: www.Jaum-france.com
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    • 22 3 I H Vv^v^ **^F www.cartier.com Singapore Ngee Ann City Tel 734 2427 Hilton International The Shopping Gallery Ground Floor Tel 235 0295
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  • SINGAPORE companies
    • 392 4  -  FY2OOI gain may be lower, good longer-term outlook for maker of military optics, gnn turrets By David Boey MAINBOARD-listed Avimo Group, which makes military optics and gun turrets, yesterday reported a 48 per cent surge in full-year earnings to $29.8 million. Chairman Bernard Rocquemont
      FILE PHOTO  -  392 words
    • 680 4  -  HocKimimam jennifer lien It's three weeks after Thanksgiving, and all indications as I sit here in Silicon Valley point to a disappointing holiday shopping season so far for computer makers. While PC makers and their component suppliers are probably throwing up their hands in
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    • 340 5  -  Chief also says German carrier definitely not bidding for Air India From George Joseph in Bangkok SINGAPORE Airlines is not eyeing a stake in Thai Airways but German airline Lufthansa will be the sole bidder from the Star Alliance group to
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    • 316 5  -  By Serena Ng CHRISTMAS has come early for bank executive Chew Kok Lim who yesterday received a Citibank cheque for the $20,000 grand prize in the Citibank Stock Challenge. The fresh-faced 25-year-old, who works in DBS Bank's corporate banking division, has not decided what
      ZAOBAO  -  316 words
    • 409 5  -  Taiwan firm cites heavy R&D investments for strong results By David Boey EASTERN Asia Technology (Eastech), a mainboard-listed consumer electronics maker, said yesterday that heavy investments in research and development and a group-wide restructuring should help the company post double-digit sales and earnings growth
      Source: Bloomberg  -  409 words
    • COMPANYBriefs
      • 78 5 NORTH Technology Services Group has reported a big jump in net profit to HK56.25 million (Ssl.4 million) for the half year to Sept 30 from $28,000 a year ago. The company saw a 157 per cent growth in revenue to HK$57 million. The improvement in
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      • 65 5 BOOSTED by increased sales and strict cost control measures, Pacific Andes Holdings more than doubled its interim net profit, from HK$lO.5 million (552.3 million) to HK522.3 million. For the six months ended Sept 30, turnover rose 20 per cent to HK1664 million due to
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      • 81 5 HIAP Seng Engineering yesterday posted a 40 per cent rise in profit before tax to $2.9 million on the back of a 20 per cent increase in turnover to $46 million. For the six months ended Sept 30, net profit was up 2 per cent
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      • 58 5 IN yesterday's report "NEL expects full-year profit to drop 31% to $58m", we said Nat Steel Electronics had hired DBS Group to review its 52 per cent stake in Nat Steel Broadway. It is Nat Steel Ltd which has hired DBS to review its stake in Nat
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  • Page 4 Advertisements
    • 1762 4 DATAPULSE TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twentieth Annual General Meeting of the Company will be held at The Pan Pacific Hotel Singapore Ocean 1-2 Room 7 Raffles Boulevard Marina Square Singapore *****5 on Friday, 29 December
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    • 74 4 Time at my Command. < K M Z < i jt w a 4 Jfltjorr' > ■v" xS •%:V. OFFICINE PANERAI WHERE IDEAS COME TO LIFE. The historical and contemporary officine PANERAI collections can be seen at the following retailers: SINGAPORE: Cortina watch (Raffles City) Tel: *****85»Sincere Fine Watches (Ngee
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  • Page 5 Advertisements
    • 242 5 Thai, Lufthansa plan joint venture, Shipping Times Back Page W W :>k^'MM^^t Jm£'' SI From the rush of the world under my feet, to the inner peace of Enlightened seekers know that a destination isn't work together to convenience of an automatic. And the new Super flbt? rock-solid ride, nothing
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    • 19 5 V I N U M FINE WINE MERCHANTS VINUM comes to town! Opening Friday 15 th Dec 2000 I
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  • SINGAPORE markets
    • 186 6  -  WARRANT WATCH By R Sivanithy IN yesterday's column we discussed the main problem afflicting the penny segment of the local market poor liquidity. Today's feature, the warrant issued by First Engineering, suffers from just this affliction, plus an added problem time
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    • 559 6  -  JKJLJHHHiaaaaaM STOCKS r.sivanithy IT was probably a case of "buy in anticipation, sell on fact" in the local stock market yesterday as the Straits Times Index dropped 20.58 points- to 1,983.71. Traders had bought index stocks enthusiastically on Monday because Nasdaq
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    • 515 6 Stocks Volume MediaRing 10c 34,252,000 IPC020c 20,456,000 Chart Semiconductor 26c 18,117,000 Omni Ind 10c 14,334,000 PCI 25c 13,158,000 Eastern Asia 12,482,000 PacificCenturyl Oc 10,408,000 AddvalTech 2.5c 10,355,000 NOL 8,190,000 PohLianlOc 7,861,000 Stocks Chart Semiconductor 26c 109,261,960 DBS Grp 46,765,125 Omni Ind 10c 44,404,342 OCBC 28,622,919 OUB 26,464,696 VentureMfg25c 21,164,898 SI
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    • 242 6  -  HOT STOCK By Serena Ng THE City Developments stock has been range-bound for several weeks and may not break out in the near term. The counter slipped 25 cents yesterday to close at $7.65 on volume of about one million. It has been fluctuating between
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    • 138 6 PACIFIC Andes (Holdings) will hold its Special General Meeting on Dec 29 at 10.00 am, Fort Canning Country Club, Percival Room, 11 Canning Walk. ♦LION Asiapac has appointed Toh Sim Cheng as a joint secretary with effect from Dec 8. ♦ASIA Pacific Breweries will go ex-dividend (final dividend
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  • Page 6 Advertisements
    • 133 6 Pre-Christmas Festive Buffet Festive Buffet High^ December 15-22 $28.00 Lunch December 23-25 $25.00 December 15-23 $32.00 Dinner a*— 12 noon 5.00 pm Christmas' Eve Festive Dinner Carolling 150.00 per couple with novelties half December 20-23: Lobby 7 pm bottle of champagne December 24: Georges Lounge 7 pm @$75.00 per person
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    • 70 6 Grow Your CPF With eiBht Important All applications for units in eight nW be made on the application forms accompanying the prospectus Investors must read toe piospectus The value of the units and 4ie income from them may fail as well as rise S3l >1 IS BAI Larry Wee's currencies
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  • SINGAPORE news
    • 529 7  -  The system is first for tertiary institutions in Asia-Pacific By Errol George NANYANG Technological University (NTU) has put in place the world's largest high-speed wireless network costing about $3.3 million. Called NTUwireless, it is also the first campus-wide wireless network for tertiary institutions
      ONG WAN SHU/ST  -  529 words
    • 283 7  -  New service enables secure transactions through mobile phones By Ling Su Ann DBS customers can now do their banking through their mobile phones and other WAP-en-abled (Wireless Application Protocol) devices. Launched yesterday, DBS' new wireless banking service lets customers carry out banking transactions and access financial
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    • 312 7  -  It guarantees lowest rates to top 20 international destinations Reports by Teh Hooi Ling i2u yesterday upped the ante in the overseas call market by guaranteeing its rates to the top 20 overseas destinations will be the cheapest. If not, it will
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    • 300 7 MOBILEONE has joined forces with Finland's Sonera zed to launch mobile portal services in Singapore. The partners will deliver real-time information, mobile data and timemanagement applications for mobile phones. Zed, a subsidiary of Finland's Sonera Corp, offers services ranging from business
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    • 251 8  -  30 contractors, suppliers sign up with iczl23.com By Erin Toh WITH about $200 billion worth of buUding projects expected in Singapore during the next 20 to 30 years, TXI23 and NTT Singapore have jointly set up a business-to-business construction portal, icxl23.com. TXI23, which
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    • 198 8 THE Esplanade Co Ltd has appointed six new members to its board. They are: Singapore's Ambassador-at-Large Tommy Koh, lan Batey, Edmund Tie, Kevin Kwok, Andy Lim and Yeo Guat Kwang. Prof Koh is known for championing the arts in Singapore. He was chairman
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    • 235 8  -  By Eugene Low THE 'growth of Singapore's non-oil domestic exports is likely to ease in line with the slowdown in the US economy, according to a Barclays Capital report. The bank expects November's exports to rise 15.9 per cent year on year on a
      Source: CEIC  -  235 words
    • 355 8  -  MAILl.Tffi Ronald Chong Manager (Public Affairs) CPF Board Singapore I REFER to the article in the Your Money column, "In the long term, we must have net gains", by William Cai (BT, Nov 29). Mr Cai was commenting on the Central Provident Fund Board's
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  • Page 8 Advertisements
    • 2837 8 BAVIMO AVI MO GROUP LIMITED UNAUDITED RESULTS FOR THE YEAR ENDED SEPTEMBER 30, 2000 AND DIVIDEND ANNOUNCEMENT The board of directors of Avimo Group Limited announces the following results for the year ended September 30. 2000: CHAIRMAN'S STATEMENT CONSOLIDATED PROFIT AND LOSS STATEMENT (Continued) Year ended September 30,2000 RESULTS 2000
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    • 68 8 We welcome letters. E-mail us at btletter@ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
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  • EXECUTIVE search
    • 1521 9  -  The exec search firm is now headhunting middle and entry-level personnel in order to provide a more complete service to its clients, reports ammateo ANNA TEO AFTER 30 years firmly entrenched in the upper corporate echelons, why has leading executive search firm Korn/Ferry International ventured down to
      ARTHUR LEE  -  1,521 words
    • 452 9 EMERGING in America, and coming, sooner than later, in Asia the interim CEO. Short-term or temporary positions have traditionally been the preserve of largely administrative and support staff. But, particularly with the rise of startup firms and dot-coms, interim or "temp"
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    • 311 9 IF there's one thing that Charles Tseng will do as Korn/Ferry Asia-Pacific president, it's to drive home the message that the client is king. "I've always believed you must have a client service mentality and I've always believed that whenever any
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  • Page 9 Advertisements
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  • EDITORIAL & opinion
    • 819 10  -  ■3iu3jiln33H OPINION harish mehta The writer is BT's Bangkok correspondent. He is also BT's Indochina specialist THAILAND has no shortage of bright ideas. Three of the most controversial mega-projects worth a combined US$23 billion (Ss4o billion) a controversial shipping canal across the isthmus of
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    • 76 10 The grocery business is the lowest margin business extant With dog food, if you double bag it you lose Baiben economist, on Pets.com trying to sell dog food on the Internet 'If things went beyond control, there might be no election at all.' Ftn n M Thai
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    • 694 10 EDITORIAL ONE thing Singapore's ruling People's Action Party can't be accused of— come election time sometime in the next 20 months —is that of springing a surprise on the opposition with snap polls. Officially, the government has until August 2002 to hold the next general election,
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    • 990 10  -  The technology revolution is alive and well, despite this year's tech wreck in stock markets around the world by Edward Yardeni The writer is the chief investment strateg istfor Deutsche Bank Securities EVERY decade seems to have a theme. In
      REUTERS  -  990 words
    • 628 10  -  COMMENTARY But the country has to ensure the money doesn't flow oat By Floyd Norris The writer is a columnist forNYT IT'S bailout time. The International Monetary Fund (IMF), having just broken speed records for arranging a huge cash infusion for Turkey, will
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  • REGIONAL news
    • 490 11 MANILA Move follows prosecutor's charge that records are in danger of being tampered with Reuters THE head of a court hearing the impeachment trial of President Joseph Estrada ordered the country's thirdlargest bank yesterday to turn over records prosecutors said they needed to
      Reuters; AFP  -  490 words
    • 415 11 It is expected to onload part of stake to Swiss Air or Qantas MALAYSIAN government pension fund Kumpulan Wang Amanah Pencen (KWAP) is set to own 49 per cent of Malaysia Airlines, the biggest shareholder. The pension fund has almost
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    • 277 11  -  Philippine panel accepts explanation from SingTel's unit From Al Labita in Manila GLOBE Telecom, Singapore Telecom's listed Manila unit, said yesterday it would continue to market its mobile phone service after a state regulatory agency called off its plan to suspend it for two
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    • 143 11 KUALA LUMPUR AP THE president of Malaysia's national oil company, Petronas, took over as chairman yesterday of Proton, a carmaker the Malaysian government is struggling to save in an increasingly competitive environment. The Petronas acquisition of 25.8 per cent in Perusahaan Otomobil Nasional,
      AP  -  143 words
    • 822 11  -  ASEAN Just how interdependent are the economies of Singapore and Indonesia? yang razali kassim AN upset President Abdurrahman Wahid has said he will proceed to set up the West Pacific Forum (WPF), with or without support from his Asean neighbours. Last week,
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    • 507 12  -  Officials concede that timing of proposal may generate controversy From Audrey Tan in Hongkong HONGKONG'S health officials yesterday unveiled proposals for a Singa-pore-style personal medical savings scheme, even as they acknowledged that the timing of the announcement may generate much controversy. Secretary for Health
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    • 405 12  -  From Quak Hiang Whai in Hongkong WE are more accustomed to him expounding on film making, movie angles and stunt execution. But yesterday Chan Kong Sang, chairman of Global Food Culture Group Limited, aka Jackie Chan, was on less familiar
      FILE PHOTO  -  405 words
    • 181 12 BANGKOK Bloomberg THAILAND'S Bankruptcy Court delayed approving a US$3.B billion (556.7 billion) debt restructuring plan for Thai Petrochemical Industry pel (TPI) for a second time after chief executive Prachai Leophairatana asked the Supreme Court to change the team of judges. "The Supreme Court accepted the
      Bloomberg  -  181 words
    • 374 12 VIENTIANE Reference to Myanmar weaker than what Enrope had envisaged EUROPEAN and South-east Asian countries ended landmark talks yesterday, meeting each other halfway on the contentious issue of human rights in Myanmar and agreeing to strengthen their flagging trade ties. The two-day talks
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    • 465 13 TAIPEI Time bar aimed at warding off critics of accounting change Bloomberg TAIWAN said a new plan that gives banks a decade to write off stock market losses applies only to this year, aiming to head off criticism that lenders are being coddled by changes
      Bloomberg; REUTERS  -  465 words
    • 133 13 TAIPEI Reuters TAIWAN'S finance ministry will scrap limits on foreign investment in the domestic stock market from Jan 2, 2001, a ministry spokesman said yesterday. The spokesman quoted Vice-Finance Minister Sean Chen as telling Parliament on Monday that the ministry will coordinate with
      Reuters  -  133 words
    • 220 13 HONGKONG Bloomberg PETROCHINA Co will be Asia's most profitable publicly traded company this year, just eight months after China's top oil producer sold shares in New York and Hongkong, analysts said. PetroChina's net income is expected to more than double this year to 54.3 billion yuan
      Bloomberg  -  220 words
    • 280 13 TAIPEI Company says S'pore govt backs industry better than Taiwan AP TAIWANESE microchip maker United Microelectronics Corp said Tuesday its decision to build a US$2 billion (553.4 billion) wafer fabrication plant in Singapore was because the city-state government supports "knowledge industry" better than
      AP  -  280 words
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    • 291 12 The year-end bonus comes early for Star Hub business users. f m&JL n fi £s!l h NOKIA^2IO IM$l QQ IMs $A'qb .j^jaMH g 100 i TwO For every 3 mobile lines you purchase, you'll receive a 8: MM 2-year plan 8: Ml 2- year plan complimentary subscription to one of
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  • Page 13 Advertisements
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  • WORLD news
    • 338 14 WASHINGTON It says merger won't threaten competition; seen completed within first 3 months of 2001 AP THE US Federal Reserve has approved Chase Manhattan Corp's U5535.2 billion (5561.1 billion) purchase of investment bank JP Morgan, a deal uniting two of Wall Street's
      AP  -  338 words
    • 572 14 They ha ve been baying banks, real estate investment trusts, cyclicals Reuters MONEY managers are betting the Federal Reserve will cut interest rates by 50 basis points by June and have already begun buying banks, real estate investment trusts and cyclical stocks in
      Reuters  -  572 words
    • 196 14 NEW YORK Reuters PHILIP Morris Cos Inc, owner of Kraft Foods, said on Monday it has scooped up Nabisco Holdings Corp, and RJ Reynolds Tobacco Holdings Inc said it completed its purchase of Nabisco's former parent, Nabisco Group Holdings Corp. The complicated deals
      Reuters  -  196 words
    • 578 15 NEWYORK But it raises animal savings from purchase to USs2.sb Bloomberg GENERAL Electric Co will take US$4 billion (Ss7 billion) in pre-tax charges for the purchase of Honeywell International Inc and has raised its estimated annual savings from the acquisition to US$2.5 billion.
      Bloomberg  -  578 words
    • 533 15 DETROIT NYT THE Ford Motor Co announced on Monday the recall of 110,633 Ford Explorer and Mercury Mountaineer sport utility vehicles because a poorly programmed computer chip in the engines fails to limit the vehicles' top speed. The company also said that the
      NYT  -  533 words
    • 178 15 LONDON SINGAPORE Airlines Ltd affiliate Virgin Atlantic is likely to announce an order on Friday for six Airbus A3XX super-jumbo airliners with Rolls-Royce pic engines, industry sources said yesterday. The deal worth US$l.4 billion (552.5 billion) at catalogue prices will give Airbus
      178 words
    • 52 15 [BURGKIRCHEN, Bavaria] A driver showing animal meal he had just delivered to a Bavarian power station yesterday. The power station in Burgkirchen is one of thefirst in Bavaria to start burning animal meal that allegedly causes the much dreaded mad cow disease or BSE (Bovine Spongiform
      AFP  -  52 words
    • 312 15 WASHINGTON They need not give np quit-smoking business Bloomberg GLAXO Wellcome pic said US regulators tentatively approved its US$6B billion (SsllB billion) merger with SmithKline Beecham pic to create the world's No 2 drug maker, without requiring them to give up their antismoking treatments.
      Bloomberg  -  312 words
    • 276 16 ttfislsiy nlfls Ms hrftksr NYT pyiw VftWKj The businessmen who Cafe, an tnto-na-the wwld of models and couture, were »ftuml ffUfl money lfflindwin^ VfiStat OUt of mifllnnia nfrinllara oaTn^^^rhUe lug to federal prooecutors In Mawha*. The 81-coimt indictment accuses ESSrrit r „L'« »fc the
      NYT  -  276 words
  • Page 14 Advertisements
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    • 138 15 unriurn is irie laiesi ureaKinruugn in uauK-up tape drives which IBM has developed in L LTO Ultnum- Linear Hammershark association with Hewlett Packard and Seagate. Tape Open (LTO) Compatible with both IBM and non IBM platforms, they serve as back-up disks for files on your server, transferring information at 30
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  • Page 16 Advertisements
    • 153 16 OUR SINGAPORE YOUTH AWARDS RECIPIENTS (1993 2000): Bm Japar Leslie Loh Boon Fah Dr Kong Hwai Loong Dr Wong Lim Soon Joan Huang Shiqi NTU Sam Lee Wung Yew Student Volunteer Corps Singapore Mt. Everest Team 1997 Ovidia Yu Melina Nathan Grace Ng Lai See •Dr Derek Gobßak Heng •Or
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    • 1226 16 Lionhead Acquisition, LLC and Solectron Investment Company, LLC (Formed in Delaware, USA) (Formed in Delaware, USA) wholly-owned subsidiaries of SOLECTRON CORPORATION (Incorporated in Delaware, USA) VOLUNTARY CONDITIONAL CASH OFFERS to acquire all the Shares and all the outstanding Bonds issued by NATSTEEL ELECTRONICS LTD (Incorporated in the Republic of Singapore)
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  • Page 17 Advertisements
    • 44 17 CALL □lETHELM OFFICE FURNITURE You'll be surprised how affordable we can be! HOTLINE: 473 4864 MAIN OFFICE SHOWROOM No. 6 Lock Road, Gillman Village Tel: 476 1788 Fax: 472 5827 CITY SHOWROOM #01-05 Ocean Building, 10 Collyer Quay. Tel: 538 9800 Fax: 538 8651
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  • MOTORING
    • 463 17  -  CARUIMJH With sales of 11,092 cars under Nissan's belt as of end-November, it leads nearest rival and compatriot Toyota by more than 2,700 units christopher tan THEY say it ain't over till it's over. But in the case of Nissan, it looks like
      FILE PHOTO  -  463 words
    • 526 17 FORD chief executive Jacques Nasser has asked his employees to dig into their past for lessons business books will never teach them. "Last week, a reporter for Reader's Digest magazine asked me about my first jobs. As I was describing the various jobs
      FILE PHOTO  -  526 words
    • Article, Illustration
      1480 17 Average open market value (OMV) of cars registered in October. MOOEUMAKE CC AVE OMV(S) ALfA HOMED A156 2.0 1,970 23,977 AMH0MB0A1562-0SW 15TO 26,903 AIM ROMEO A156 2.5 Z492 26.111 AIM ROMEO A186 3£) 2.9B8 39.413 MJU A31.6A30R 1596 18.741 MOA315A5DR 1566 ***** MOA41.6MOR 1586 23,750 AUDIA418A40R 1.781
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    • 454 18  -  VISIT TO ASTRA Indonesia's automotive-based group has two years to plan for second tranche of repayment All reports by s by Christopher Tan in Jakarta INDONESIAN automotive-based group Astra International is considering a rights issue to help meet its second series of debt
      CHRISTOPHER TAN  -  454 words
    • 473 18 Bat Astra says it's against selling majority share TOYOTA Motor Corp wants to participate more actively in the vehicle business in Indonesia and is pushing for a bigger stake in its partnership with Astra International. Currently, Toyota has 49 per cent of PT Toyota-Astra
      473 words
    • 346 18 ASTRA is close to penetrating the Australian automotive components market, an industry worth As 7 billion (556.6 billion) a year. Leveraging on shareholder Cycle Carriage's familiarity with the Australian motor market (Cycle Carriage distributes Hyundai and Audi there), Astra has held talks
      346 words
    • 457 18 CAR sales will be flat next year for Astra, after having more than quadrupled this year. But motorcycle sales have room to zoom ahead. Toss in Himawan, chief executive of Federal Motor to be renamed Astra Honda Motor
      457 words
    • 558 18 ASTRA subsidiary United Tractors is poised to report record gross earnings of 1.2 trillion rupiah (*****.4 million) this year (1999: 900 billion) despite a near-standstill in the construction industry. United Tractors chief Hagianto Kumala said this is because of better sales in the mining equipment division. Each Komatsu
      558 words


  • e-NEWS
    • 836 19  -  To address confidence issues, IDA is helping to set up a full-fledged e-commerce infrastructure By Seah Lye Khim Seah LyeKhim (seah lye_ khim@ida.gov.sg) is Deputy Directorfor E-commerce Infrastructure, Infocomm Development Authority of Singapore THE influence of the Internet in the Asian business environment remains dominant, despite the.
      FILE PHOTO  -  836 words
    • 463 20 TOKYO US giant trying to expand into Japan online services US giant America Online Inc is in talks with Japan's Toyota Motor Corp and high-tech leader Sony Corp to gain footholds in companies with cutting-edge online strategies in Japan. The talks, reported by
      FILE PHOTO  -  463 words
    • 250 20 M TAIPEI Bloomberg ACER Inc, Taiwan's biggest personal computer maker, said it will halve the number of factories it operates and sell stock investments to cut costs and boost sales in the face of slowing demand. Under the plan, likely to be unveiled by chairman
      Bloomberg  -  250 words
    • 329 20 SAN FRANCISCO IBM's superfast chip will hit market by next year AFP IBM on Monday joined Intel in the race to create a speedier computer microprocessor, and said its superfast chips would be on the market by next year. IBM's announcement,
      AFP  -  329 words
    • 308 20 ■SEOUL AFP FOR a cool US$9,OOO (5515,750) South Korean households can buy what the maker claims is the first Internet fridge on the market. The arrival of the Digital Network Refrigerator is the opening salvo from LG Electronics Inc in what is expected to
      AFP  -  308 words
    • 424 21 SUNNYVALE, California Temporary slowdown in demand for consumer PCs to blame, says CEO Bloomberg ADVANCED Micro Devices Inc, Intel Corp's main rival in the market for personal computer processors, said fourth quarter sales and profit will miss forecasts because of weak
      Bloomberg; AP  -  424 words
    • 194 21 PALO ALTO, California Even Yahoo! has cut its ad rates substantially Reuters INTERNET analysts at Merrill Lynch on Monday offered more evidence of a soft online advertising market, saying that smaller websites are selling ad space at fire-sale prices while
      Reuters  -  194 words
    • 210 21 REDMOND, Washington Bloomberg MICROSOFT Corp said it will release new software for encoding and distributing Internet audio and video files that it said improves the quality of such files while making them cheaper to transmit. Chief executive Steve Ballmer was yesterday set to announce the release
      Bloomberg  -  210 words
    • 64 21 Reuters [LONDON] One of the world's oldest clockmakers, responsible for ensuring that London's "Big Ben" chimes on time, is up for sale on the Internet. Thwaites and Reed, founded in 1740, is worth about £500,000 (Ssl.3 million), according to owner Melvin Lee. The venerable firm has kept
      Reuters  -  64 words
    • 146 21 WASHINGTON Reuters SYSTEMS designers have a long way to go to protect online privacy but the spread of so-called smart cards holds promise, the new head of a Internet technical coordination body told a governmentsponsored conference on Monday. "We are far from demonstrating
      Reuters  -  146 words
  • Page 19 Advertisements
    • 73 19 m fe vMi.l VJI ri IS I like open spaces. 9 CD ft I like open discussions. 15 Mike open doors. *?K-s•*, x Y 11 I like open arms. j §S j~ I like open champagne. ■2. S" i 2 3 I like an open mind. 71 < > e>
      73 words
    • 116 19 About ec.Think ec.Think is a series on key issues facing businesses in the e-economy. The series takes its name frcJm a private sector consortium formed recently with the aim of helping define and promote Singapore's e-economy. ec.Think currently comprises Andersen Consulting (to be renamed Accenture from Jan 1), Cisco Systems,
      116 words

  • Page 20 Advertisements
    • 213 20 Where great ideas work. Park-like environment Ideal for: I High tech manufacturing Impressive architecture lest laboratories Space ranging from 2,000 to 4,400 sq ft -R&D Close to Jurong East MRT P roduct design/development Bus Interchange Computer centre/data processing Software development Well served by PIE AYE Industrial training For enquiry, please
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  • Page 21 Advertisements
    • 53 21 A standard for measuring risk. Created by J.R Morgan, Risk Metrics is the first financial product ever launched online by a Wall Street firm. Demand proved so overwhelming that Risk Metrics was spun off as a stand-alone company. A new standard, a new market. The same vision, the same fervour.
      53 words

  • Page 22 Advertisements
    • 3217 22 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 ULTRd T E C/H N/0 I 0 G I S 1/ NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 13th ANNUAL GENERAL MEETING of the Company will be held at 47 Loyang Drive, Singapore *****5
      3,217 words
    • 205 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FIRST MANHATTAN CONSULTING GROUP SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN thot pursuant ♦o Section 308(1) of the Companies Act, Cap. 50, a Final General Meeting of the abovenamed Company
      205 words
    • 689 22 NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR KENRICH EDISTRIBUTOR PTE LTD (Incorporated In The Republic Of Singaporei Take notice that Lee Swee Siek of 27 Foch Road #02-06 Hoa Nam Building Singapore *****4 has been appointed provisional liquidator ot the abovenamed Company on 1 December 2000 pursuant to Section 291 of
      689 words

  • IRELAND inc
    • 2347 23  -  On a visit to Ireland, vibram khamma explores the promise and perils of the country's new prosperity VIKRAM KHANNA FOR anyone who witnessed something of the East Asian economic boom during the go-go decade from the mid-1980s to the mid--*****, a visit to Ireland gives
      2,347 words
    • 682 23  -  Both govts targeted investments in IT and pharmaceuticals, creating potential for synergies By Vikram Khanna IN years to come, the Irish companies that will be best known in Singapore and the rest of Asia may well not be the old-timers like Guinness and
      682 words

  • FINANCE & commodities
    • 227 24  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore THE MSCI Taiwan stock market yesterday rose for the fourth day in a row on yearend window-dressing activities as well as upbeat outlook for US markets. The MSCI Taiwan index closed up 4.88 points, or 1.98 per
      227 words
    • 292 24  -  ST Index/MSClS'pore Index La uChee Keong Refco Singapore THE Singapore stock market finished lower yesterday, led by technology stocks as worries on earnings resurfaced following a string of warnings out of the US. The Straits Times Index edged lower by 20.58 points or 1.03 per cent
      292 words
    • 170 24 ENERGY REPORT Bloomberg [LONDON] Crude oil rose one per cent yesterday on expectations that cold weather will boost demand for heating fuels in the US at a time of low inventories and a halt in exports from Iraq, the third-largest Middle East producer. The
      Bloomberg  -  170 words
    • 335 24 Reuters Tiw^iw THE euro yesterday kept a grip on slim gains against the dollar ahead of a US Supreme Court ruling on the US presidential election and signs that euro zone growth was catching up with the slowing US economy. But both the dollar and the euro were
      Reuters  -  335 words
    • Article, Illustration
      1246 24 Wmi 1 MwTi UtmwHi m.. BNM' 1 "III* in» I'liHim—lif I T IHI Win ITUI'l"iW«nWMW»I^WWIMWM<iWi"Tli»»WPWriliiril»lllMWWMnrtTffllHI»rTll'l»l<B^'nr -''^ff^ niTBRBAIfg CROSS RATBS Dec 12 AS C$ Kmb Euro Ffr Dm HK$ Ind Its Bupiali Yen Won RM NZ$ Pafc Rs Peso S$ Hand Sfr WT$ BUt Pound US$ Australia 0.824 4.486 0.615 4.032
      1,246 words
    • 1912 24 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmumtMmaaammmmmmmttmmmKmmmmmmmm S1C0M FUTURES Dec 12 RUBBER (futures closing as at 5.30pm) RSS1CONTRACTS cents/kg) Close Volume 0p« Month High Low Sett (tomes) Interest Jan 01 107.75 50 Feb 01 W9.50 50 Mar 01 111.75 1250 Apr/Jun 01 114.50 RSS 3 CONTRACT (US cents/kg) Volume Month High Low Sett (tonnes) Interest Jan
      1,912 words


  • STOCKS east asia
    • 2831 26 HONGKONG AFP CI Hang Seng -78.94 HONGKONG share prices dropped 0.5 per cent yesterday on late selective profittaking from recent gains, dealers said. The key Hang Seng Index lost 78.94 points to close at 15,329.60 on a turnover of HK$B.47 billion. Louis
      AFP  -  2,831 words
    • 1979 26 TOKYO AFP Qnkuas +MJ4 SHARE prices in Tokyo rose 0.7 per cent yesterday as information-technology issues advanced in step with gains on Wall Street, brokers said. The Tokyo Stock Exchange's Nikkei--225 average rose 96.94 points to close at 15,114.64. The Topix index of all
      AFP  -  1,979 words
    • Article, Illustration
      1071 26 Reuters PI Shenzhen B Index *0.46 CHINA'S domestic A shares and hard currency B shares closed firmer yesterday, buoyed by a better-than-ex-pected performance by the giant listing of Baoshan Iron and Steel Co, analysts said. A shares of China's No 1 steel firm soared 45.69 per cent on their
      Reuters; Source: Credit Lyonnais Securites (Asia) Ltd  -  1,071 words
    • 349 26 AFP pWPlnto +«M» TAIWAN'S stock market closed 1.8 per cent higher yesterday on strong buying of technology shares following gains on the Nasdaq and yearend window-dressing by local companies, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 95.68 points to 5,380.09, following a 0.6-per cent rise in
      AFP  -  349 words
  • Page 26 Advertisements

  • STOCKS klse
    • 427 27 AFP CI Composite Index -1120 MALAYSIAN shares closed 1.5 per cent lower yesterday due to profit-taking on selected blue chips, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 11.20 points to finish at 724.89. The Second Board index was down 1.41
      AFP  -  427 words
    • 9162 27 INDUSTRIALS Consumer pr.AKts 2000 Last Vet Day Nat Cap High Low Company Sala 'OOP High Low P/E $mll 420 310 Ajinomoto 310 -20 49 310 310 17.0 125.6 158 45 Angkasa 48 3 24 48 45 70.8 670 290 Apollo Food Hlg 368 8 1 368 368 8.0 147.2 3825
      9,162 words
  • Page 27 Advertisements

  • SGX clob & regional stocks
    • 2704 28 BONDS WARRANTS Dec 12 rn Wmtj tnml limn ijst Yd Day LntflMte A*| iu—i Cm* tin Mu Mtto la» j S* *M- COM) I— I— Bay* S* P*a (a—Its) Halts hta (%> Gearta|2 Lett etc 1 «imn75ii 3 5 2 6 4 41.0 1 300 289 22.29 7 51.5 3
      2,704 words
    • 282 28 AFP frp Composite Index -1L72 SOUTH Korean shares fell 2.1 per cent yesterday with the index down 11.72 points at 543.08. Volume was 319.2 million worth 1.7 trillion won. AFP Dec 12 »o« Anam Semi 4410 -90 Brain T ech 530 -5 Central Bank 170 unch CheilComm ***** -800
      AFP  -  282 words
    • 248 28 AFP Composite Index +4.44 PHILIPPINE share prices ended 0.3 per cent higher yesterday with the Composite Index up 4.44 points to close at 1,398.15. Volume fell to 284.43 million shares worth 440.47 million pesos from Monday's 426.10 million shares worth 748.7 million pesos. —AFP IW I2 Peso (000) MRC
      AFP  -  248 words
    • 267 28 AFP PmSE-40 *IXO6 NEW Zealand stocks closed up 0.7 per cent yesterday on a stronger Fletcher Energy, dealers said. The NZSE-40 Capital Index was up 13.08 points at 1,988.74 on turnover of NZ5147.7 million, almost half of which was contributed by trade in Fletcher Challenge Energy.—AFP Pec 12 «S
      AFP  -  267 words
    • 556 28 AFP H All Ordinaries *0.4 AUSTRALIAN share prices closed marginally higher yesterday, finding little direction in one of the quietest trading days in the past two months, brokers said. The All Ordinaries index ended 0.4 points higher at 3,256.3 points while the SP/ASX 200 rose 0.8 points to 3,313.2
      AFP  -  556 words
    • Article, Illustration
      743 28 AFP □SET Index -4.07 THAI stocks fell 1.5 per cent yesterday, with sentiment dampened by the Central Bankruptcy Court's postponement of its consideration of Thai Petrochemical Industry's restructuring plan. The Stock Exchange of Thailand (SET) Composite Index fell 4.07 points to close at 269.62 and the SET 50 was
      AFP  -  743 words
    • Article, Illustration
      678 28 AFP kl Composite Index -&29 INDONESIAN share prices closed 1.5 per cent lower yesterday on ongoing concern over Morgan Stanley Capital International's (MSCI) adjustments to its indices. The Jakarta Stock Exchange Composite Index closed down 6.29 points at 415.18, off a high of 423.75 and a low of 412.65.
      AFP  -  678 words
  • Page 28 Advertisements

  • 8693 29 mm"- mmsmmm 11 muo n r iiyr iwriiiiiMiarmrwiWiTn inrtwroimt -»wmnrr' r m riwpnmwi- -Trr™— 1 SGXMAXMBOARD Transection date: Dec 12 Or Cr Mm S 2-wk Last Vol Day Last Quota D(y Olv Yld Nat Cap Ayg High Low Company Salo COOP) High Low Buyar Sallaf C'vr H P/E
    8,693 words
  • Page 29 Advertisements
    • 110 29 Whether it's bearish... 1 with citib>nk UNIT option you CIN TBtOE 0N THE MARKET MOVEMENTS OF U.S. AND EUROPEAN BLUE CHIP STOCKS AND INDICES FROM JUST US$l,OOO. Call (1800) 333-9000 ■■RMljjfflPVj •••Or DUIMSn, www .citibank.com.sg jflf you can potentially maximize your Amemberofcitigroujsr Where money HveS returns with Citibank Unit Option.
      110 words

  • Page 30 Advertisements
    • 678 30 Where to wine, dine and jjp****' i Fgsfive Fe*sH 24Hv December 2000 Isf 2001 This Christinas, share seasonal favourites with family, friends and business associates at the Singapore Marriott. Highly recommended are our festive brunch, lunch, high tea and dinner buffets, 6<ourse set dinner with a touch of the Mediterranean,
      678 words
    • 50 30 I° c tV j? 1 I Hfc; JiK i i jp i i o i 11 I For Reservations enquiries, please call 831 6288 Mandarin 111 Singapore rr, St mm >ex t% c ti iufidi 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 732 2361 i POMT NI J
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  • Page 30 Miscellaneous
    • 820 30 p 6.00 Wheel of Fortune. 6.00 Bumi: Pulau Hawaii. Sportscity 6.30 What Went Wrong?. 6.30 Seri Ramadhan. 6.00 PM Fitness: Kardio —"i —*b" 9.00 AM Kids Central. Sesa- 7.00 Making The Band. 7.00 Fikir Fikir. Knockout. MH"" A S me Street. 8.00 Malcolm In The Middle. 7.30 Tirai: Ikatan Suci.
      820 words
    • 291 30 CRYPTIC CROSSWORD ACROSS strain (10) 7 Transport silver into the old city 69 made to sto P 6 (8) 8 English king, a character way 9 Fliers might well be 6 (6) out (6) 10 Beat society (4) 13 Offers hospitality to possibly ten 11 Projected drama, all lined up
      291 words

  • NewAsiaBizWoman
    • 946 31  -  The beefy action movie star certainly knows a thing or two about women, writes bob toubtelmwte BOB TOURTELLOTTE Reuters COULD it be that Mel Gibson, box-office magnet with testosteronecharged films like Lethal Weapon and Braveheart, feels pretty and nice in eyeliner and nail polish? Does
      Reuters; REUTERS  -  946 words
  • Page 31 Advertisements
    • 22 31 |ft @JjL J I Taiwan's UMC I aims to C become a 1 I waier fab I empire I 4 ffHH I
      22 words
    • 339 31 Cracked Powder «Ei Ancient Remedy HI Lingzhi or the Ganoderma Lucidium mushroom, an umbrella-like mushroom fungi, was known to ancient Chinese emperors and nobles as "The Wonder Herb" for its excellent enhancing properties. Modern Marvel Today, as an promote enhance jfl^K3Hreduce fatigue and give an overall boost to your health!
      339 words

  • MONEY matters
    • 1198 32  -  CURRENCIES The US remains the place to be in but recent evenls point to a rocky ride next year larry wee TWO positives, taken together, have inspired an impressive turnaround in favour of the US dollar and US stocks this week. This can only be good news
      Source: Bloomberg; Source: HypoVereinsbank  -  1,198 words
    • 825 32  -  Benchmark 10-year S6S yield should fall back to 3.6 per cent by end-2001 By Hsin-Li Chia The author is Asian markets strategist at JP Morgan. This article is not an invitation to invest BTand its contributors will not be held liable
      Source: JP Morgan  -  825 words
  • Page 32 Advertisements
    • 140 32 I projecteyeball. H MiJMlnll..liii.t^^P^iM j yi^"W f liaß I B^^PROIECTIYEBfIir^^^^B INFANCY PROMOTION SB As part of our very special infancy promotion this festive flip season, we're giving away 12 months subscription for the 11K price of 6, at just $104 (U.P. $208). Don't miss out on our j^l iM stories.
      140 words

  • EXECUTIVEmoney
    • 2417 33  -  SERENA NG sits in on a roundtable discussing prospects for Singapore stocks SERENA NG WITH a tumultuous 2000 soon drawing to an end, the prospects for a year-end stockmarket rally in Singapore are becoming dim as the market continues to grapple with many uncertainties. If
      PHOTOS: RICHARD CHNG  -  2,417 words
    • PERSONAL INVESTMENT
      • 1324 34  -  INSIDEInhIJIUU Capital quiet with few transactions; Poh Lian insider turns bearish; Wee Cho Yaw sells UOB By Robert Halili The writer is bureau chief at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore News Desk. THE Singapore insider sentiment
        Source: Primark ITA  -  1,324 words
      • Article, Illustration
        733 34  -  Are you into relative value? Or are you event-driven? Maybe even opportunistic? If you answered yes to one or more of the above, then alternative investment funds might be what you want to place your bets on By Ling Su Ann FIRST, it was guaranteed funds. Now alternative
        733 words
      • 974 34 stock inn Centrepoint Rental income offsets gearing concerns Full year earnings meet expectations and improved rental income is mitigating slow sales of its units while providing adequate interest coverage for its gearing of 0.9 times. At a 34 per cent discount to RNAV, the
        974 words
      • 1188 34 Deposit amount 1-mth 3-mth 6-mth Deposit amount 1-mth 3-mth 6-mth HRC Rank 500,000 2.499,999 4 1200 4 1300 4 1300 UDO Ddlin 2.5 mil 4.999,999 4 2500 4 2500 4 2500 A$ HK$ S10 000 A24 999 5
        1,188 words
    • PERSONAL FINANCE/INVESTMENT
      • 817 35  -  aroußfiTOTSl Here are some key ingredients in selecting privatisation candidates from an equity perspective yap khek heng WHAT does privatisation involve? This article examines some of the theoretical rationale behind a privatisation exercise, in the light of recent moves by Sime Darby Bhd to
        817 words
      • 1297 35 It's a matter of capital preservation versus gambling in the stock market for bigger gains LATWP [LOS ANGELES] Individual investors often are accused of chasing performance piling into whatever market sector has been hot in the immediate past. That's a problem the bond fund
        LATWP; AFP  -  1,297 words
      • 1417 35  -  MAILiran Joseph Chong, Joseph Chong, Head, First Independent, via Internet THERE was wide coverage last week of an AAA-rated insurance company reducing non-guaranteed bonuses ("Chop, Chop", Executive Money, Dec 6). Notwithstanding the fact that bonuses are not guaranteed, I can understand the ire of policyholders. However,
        1,417 words
    • UNIT TRUSTS
      • 692 36  -  But first half will be quiet with all eyes on corporate profits. Be bold and dispassionate, chairman Benjamin Wrey tells gemevieve cua GENEVIEVE CUA Returns from technology should hit 16 per cent in 2001, say executives from Henderson Global Investors, which runs Singapore's
        Source: Standard & Poor's Fund Services  -  692 words
      • 3568 36 Nggt gubljcatjgn dale: Januag, 10.2001 Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal launch 31-10-2000 01-09-2000 31-05-2000 30-11-1090 28-11-1997 30-11-1996 star date 30-11-2000 30-11-2000 30-11-2000 30-11-2000 30-11-2000 30-11-2000 ranking Asttt Allocation Europe ABN AMRO Star Europe Bal N 28/04/1999 -0.77
        3,568 words
  • Page 33 Advertisements




  • SHIPPING TIMES
    • 278 37 Reuters THE Baltic Dry Index (BDI) slipped seven points to 1,614, the Baltic Panamax Index (BPI) gained three points to 1,458, the Baltic Handy Index (BHI) shed four points to 1,066, the Baltic Handymiax Index fell 23 points to 9,452 and the Baltic Capesize Index (BCI) lost 22
      Reuters  -  278 words
    • 303 37 sex -ooo Ok 12 CWT Distribution .0.60 unch 0 Chuan Hup 036 -0.01 254 Cosco Investment 0.16 unch 5 Freight Links 0.13 -0.01 520 08 Holdings 0.4# unch 0 Hai Sun Hup 0.25 -0.01 109 IMC Hokflngs-HK —5.60 unch 0 Jaya Holdings 0.15 unch 70 Kepp*<Corp 3.52 -0.14
      303 words
    • 509 37  -  W»a:«Hi.kii'ia REPORT ON SON VISTA SINKING Auditing of work done by class should also be reviewed: Bahamas report Bh Donald Urquhart [SINGAPORE] The hard-hit-ting Bahamas Maritime Authority report into the fire and sinking of the Sun Vista cruise ship last year, has
      BAHAMAS MARITIME AUTHORITY  -  509 words
    • 688 37  -  STRAIT TALK By Seafarer THE cynically inclined may have felt themselves vindicated last week. The "White List" of countries deemed to be giving "full and complete effect" to the revised Standards of Training, Certification and Watchkeeping Convention (STCW '95) has been published by
      688 words
    • 212 37 [SINGAPORE] SembCorp Industries says criticisms of Sembawang Shipmanagement by the Bahamas Maritime Authority (BMA) report on the Sun Vista casualty are unfair. In a statement, SembCorp said that despite the vessel being old, "the shipmanagers carried out their duties and maintained the vessel to the best
      212 words
    • 274 37 Search on for vessel which vanished last week with crew of 10 and cargo of sugar AFP [KUALA LUMPUR] Malaysian rescue authorities said yesterday they have posted an international alert for a cargo ship and its crew of 10 men which went
      AFP  -  274 words
    • 765 38  -  Compiled by Donald Urquhart With 472 passengers and 632 crew on board, the Singapore-owned and Bahamas-flagged cruiseship leaves Singapore Cruise Centre on Sunday, May 16, 1999 for a six day-five-night cruise from Singapore to Malacca, Penang. Phuket and back to Singapore.
      Photos: Bahamas Maritime Authority  -  765 words
    • 310 38 PACE Accord 6 Ahrenkiel 12 Appenship 5 Asia OCL 11 Assets 7 Austral 6 Avant 12 B'tanq Mas 6 BSA 7. BTL 12 Balaji Shpq S Bangladesh 11 Batamindo 11 CCNI 7 CMACGM 3 COSCO 5 COCOS 11 CSAV 3 Central Ex 6 Chahaya 12 ChoYang 5
      310 words
    • 17348 44 THEBUSINESSTIMES Page 8 EXPORT WEDNESDAY, DECEMBER 13,2000 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 26/12 M/01 Austral CAPE HOWE 05AO 65-*****00 To ABIDJAN (ABJ) 2003 Cote D'lvoire 2t/12 OS/OI Evergreen FEIYUN
      17,348 words
    • SHIPS IN PORT
      • 772 49 Vessel Voy Mo Berth Arrival Departure Santa Suria 13 J M *J22 27/11/11:45 01/12/18:00 Tirtasari V.42/0 J09 01/12/15:40 02/12/18:00 Seaconqueror 8 J23 01/12/23:15 06/12/1630 Khanhhunq 7 May-00 J03 05/12/6:00 BrStSk? 1 J11 07/12/7:35 09/12/14:30 Jianqlinq 01-Dec J22 07/12/7:50 12/12/15^0 GorMZWPd* 73 J17 08/12/12:25 Sfo/2Mp Haniin Bris 26 J12
        772 words
      • 1999 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Btlance Rstls Ship Voy No Etb/Btr Porlod From To From AC* DAHLIA 029A M/IOOO It 11/1500 11/1659 NorOO 2A 11/1700 12/0659 12/0*00 21 11/1700 12/0659 12/0900 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 ACX HIBISCUS 0461 12/2*00 11/1900 H/1659
        1,999 words
      • 233 49 Dec 23 Japan: Emperor's Birthday. Dec 25 USA: Christmas Day. Philippines: Christmas Day. Canada: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Sweden: Christmas Day. Indonesia: Christmas Day. Malaysia: Christmas Day. Singapore: Christmas Day. United Kingdom: Christmas Day. Korea: Christmas Day. Taiwan: Constitution Day. Dec 26 Canada: Boxing
        233 words
      • 799 49 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
        799 words
      • 593 49 Carbon 180 Max 990.7 0.7 12.9 0.10 79 0.03 Nov 30 Density *«ttr Residue Ash Aluminium Sediment No above E25 0 0 0 0 0 0 380 Ave 9872 02 12.9 0.06 26 0.02 E»m 380 Ma« 992.3 0.8 15.8 0.09 70 0.03 »6/iri y/v M/M
        593 words
    • AIR & LAND transport
      • 445 50 French govt seeking bankers to advise on possible partnership options for national carrier Financial Times [PARIS] The French government is seeking bankers to advise on possible partnership options for Air France, the national carrier in which the state retains a 56 per
        Financial Times; REUTERS  -  445 words
      • 165 50 AFP [LONDON] British travellers, frustrated by the railway crisis, are taking to the skies instead, according to figures released. The British Airports Authority (BAA), which operates seven of Britain's busiest airports, said an extra 200,000 passengers travelled by air on domestic routes
        AFP  -  165 words
      • 105 50 AFP {BONN, Germany] European aircraft manufacturer Aiitous to planning a new supersonic airliner to succeed the Concorde, the company's chief engineer said in an interview with Tuesday's edition of the German trade magazine Flagrante* According to theengineer, Jean Jacques Mirat, Airbus hopes to start construction at some ftiture
        AFP  -  105 words
      • 199 50 AFP [JAKARTA] Two of Indonesia's new private airlines are turning to Russia for their aircraft purchases, a report said yesterday. The two companies have bought or are ordering Rus-sian-made Yak-42D jets which have passed flight feasibility and safety tests and obtained certificates of airworthiness
        AFP  -  199 words
      • 75 50 [BOSTON] Train buff Alexander Clelland, 79, of Minneapolis looks at the engine ofAmtrak's Acela Express train at South Station in Boston, after disembarking. The Acela Express, the first high-speed train in the US, arrived about 10 minutes late on Monday, the first day of scheduled
        AP  -  75 words
      • 142 50 Reuters [SYDNEY] Qantas Airways Ltd said yesterday it plans a revised bid for Hazelton Airlines Ltd and advised shareholders not to accept a rival bid by Air New Zealand's subsidiary Ansett Australia. "Qantas will provide details of a revised bid once acceptable ACCC (Australian
        Reuters  -  142 words
      • 548 50  -  Star Alliance members expand code-sharing, aim to make Bangkok an int'l hub airport From George Joseph in Bangkok THAI Airways and Lufthansa yesterday announced that they are planning a joint venture to intensify their current highly successful code-share agreement and to work towards making Bangkok
        548 words
      • 310 50 Bloomberg [TOKYO] Plans to allow latenight international flights at Tokyo's Haneda airport has met with opposition from a former cabinet official who criticised Transport Minister Chikage Ogi for suggesting that Japan's main domestic terminal could be used for overseas charters
        Bloomberg  -  310 words
      • 1795 50 cm yuan iw wair no MkHt ****** MO LH6301 IWO MOO WOO MMlH« ***** «0 moo* 2335 S023 0640 SO328 2340 6*979 1135 K***** 1535 MaMrtn WOO 0255 MMM HZ4206 2020 *****05 2045 S0206 2020 ***** 2045 ■m crMt ore mttu* ax wtuuT om MOT noo
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  • Page 37 Advertisements
    • 163 37 Bnn Vista's/ma/ moments, Pg 2 f Never has the competition for business ship repair ana conversion been hotter! more new shi py ards enterin 9 J*j the fray, prices tumble while standards rise and time frames shrink. Now ifs ail hands fo the pumps to secure new business! V Times'
      163 words
    • 20 37 AW France move opens prospect of future sell-off Back Page Japan's plan for overseas flights atHaneda sparks domestlcrow Back Page
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  • Page 38 Advertisements
    • 1271 38 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS ~l SSX -SUPER SHUTTLE EXPRESS-DIRECTTO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARQARfTA SERVICE) vessel vot roan maw lqngkaoi anus Houston oocago hwtorr Ramon vesa ivot !M I w.owim| *ouSu sam umbo anno I ptcaubalwiawhioal sauma awT ooaokuratNu sotso 11/12
      1,271 words
    • 691 38 Lines services represented by /fiSSfil of the Registry of Members of the kISSf »V Accredited Shipping Agents, Singap re L 9isti "y Singapore Shipping Association Association uiy UNE MALE VESSEL VOY [IS Tltt TO P. KLANG SPORE MALE Princess Ufy VO9OO 28/12 29/12 05/01 Empress Lily VOlOl 14/01 15/01 23/01
      691 words

  • Page 39 Advertisements
    • 1207 39 TO EUROPE MOMiUROPt IvESSB VOY SM tin ANR HAM HV SOU FIT UN llvßSa VOY I RTM AMI HAM IV SOU FIT IB< SM I OK 564W 14/11 06/01 03/01 04/01 01/01 HYADMKAL 3291 26/11 23/11 24/11 21/11 IS/12 UIOME 538W 15/12 01/01 03/01 06/01 07/01 HYMGHNESS 3271 21/11 27/11
      1,207 words
    • 1632 39 @Ci«leew Swik* He** HANJIN SHIPPING Sik I-1 9W k. Ms Evalyn Low -S(fa *****30 HAMJM SMPHNC (S) PTUTP //wm. am MOKIHG: *****3S 237 SALES: *****24 231 POCUMBfT *****71-274 OfBATKMS: *****50 251 MAIN LIME: *****55 FAX: 53A1145 CK WO: **********0 M TO NW USA CANADA USA CANADA* ntvo/vor mm sat ukhaul/voy
      1,632 words
    • 470 39 Ytsstl voy sw jkt sub nmumw oits ivi? A/i? h/i? 01/01 2t/i? 27/12 BmP" MS -Mj —]j/jj «mp gfe gg 57} mam 42s 17/11 if/12 m 20/12 24/12 24/1101/01 n/12 2»/ii '"CAS lots 17/12 27/12 01/01 30/12 yESSEI VOY SIN PLC HBO SHA TAP HSK KWCPUUfI OI7S 22/12 W/12 31/12
      470 words

  • Page 40 Advertisements
    • 1530 40 C SENATOR LINES TO UK/CONTINENT TOMEPnERRANEAMCANADA VESSEL VOY *57" LEH RTM MB HAM OBV HJt VtSStL VOY «W Bff Vt FOS *LC MTW CHOYANG ALPHA 0014W 1312 29.12 3112 01*1 02 01 03 01 04.01 LONDON SENATOR OM6W 14.12 3112 02.01 04 01 Mil 13 01 HANJIN VANCOUVER 0069W 15.12
      1,530 words
    • 904 40 MAC-NELS S'PORE M SIA Cairitr: KM COUTH LINES, INC p.guoang:(O7)Joß372B I -K~/\ J c* NOi IKXM7MOOOC 8BU: (064)*****9 MANILA: (632) *****24 w PENANQ: (04) *****36 BANGKOK: (682) *****67 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JKT: (21)*****46 KUCHXQ (082) *****1-3 BANGKOK HAIPHONG MV "KUO UH" V.013 MV "MEUNH" V.E3290 ETA
      904 words
    • 712 40 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO. MUMBAI/COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS VtSMI SPORE N.SHEVA COCHIN COLOMBO P.KLANG PU 6LORY V.102W 17 DEC 26 DEC 31 DEC 06 JAN TULSIDAS V.I3S 24 DEC 02 JAN 07 JAN 13 JAN FRONTIER V.103W 31 DEC 09 JAN
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  • Page 41 Advertisements
    • 1621 41 IVESSa. VOY KHH HKO I SIN I PKL PX» RAN PMM BIK IRAN HORMOZGAN PCL-186 19/12 20/12 23/12 24/12 02/01 03/01 05/01 07/01 MAN TEHRAN PCL-187 26/12 27/12 30/12 31/12 07/01 03/01 10/01 12/01 KAN HIMIIAB PCL-188 02/01 03/01 06/01 07/01 14/01 15/01 17/01 19/01 IRAN KERMAN PCL-139 09/01 10/01
      1,621 words
    • 1061 41 Hm umi m«Y FKtiAY (f/T: f BATS) I maum > mirr Tuesday I A FKtiAY I (T/Tl4 iATI) J GENERAL AGENTS IN SINGAPORE: MROIINSONRD TEL: 226 1900 PAX: *****08 OUTWARD (l/l) *****02 JJHORHHHa: COSTAR SNIPPING PTE LTD #12-00 SALES/RRGS *****57/43 INWARD DEPT (O/O) *****16 COSTAR AGENCIES (M) SDN BHD q
      1,061 words
    • 722 41 ajow" [import 1 111 1 jt'H|fj;lal:j j ll 1 ill 11:1 Ifill'lllffl o° 2t 2> M/ 12 01/01 04/01 71/01 I EXPORT ~mwiwwt i*2aw«— iywfl«vsntwan««—iVii/MM vmltt |m m ie» Inu lAtant guwok iq= n m ypsa I vot I iCI OAK T itr T77TF M7oT *****! g ALPHA 014QW 11/11
      722 words

  • Page 42 Advertisements
    • 837 42 BBBSuSB/SBKsS/BBffsßSs^l I EXPORT B vKSa/yOTAGt sop 100 Ivknlcms |mu |rpm [my lor ZH [|TURSUIAOQ73OI2W 17/12 29/12 31/12 01A>1 03/01 03/01 OVDI 07/01 M/Pl BcrUllf 0Q74-OQ7W 2C12 OS/P1 07/01 09/P1 11 All 10/01 12/01 14/01 iyoTB IJUDSSBOO7SjKir 31/12 12/011V01 16/D1 Ml 17/01 19/D1 21/01 22/01 07/01~ 19/01|21/D1 23/ Dl 2VDI 2VDI
      837 words
    • 364 42 ■SEnBSwoSSiSSnSrooSBSrsSMa Irxkmw Ivissa VOYAGE SGP CMI DUB JRA AMI DMN lAH KMNXV B HSHKUSU 0003W 15/12 26/12 28/12 01/01B UNI ACCORD 0643-033W 18/12 22/12 27/12 28/12 29/12 BUN ASSURE *****16W 19/12 23/12 29/12- 01/01 B YUHE 0162W 22/12 02/01 04/01 08/01B UNI ASPIRE 0644-028W 24/12 29/12 03/01 04/01 B UNI
      364 words
    • 869 42 BAMOKOWItf TA WUTjUiM CHABAHO I I VOT ISM| MB I ITF I Lffl *SSBL VOT m *T T* I tmum 52tH JW IZZI2. 14m MS urn" m I WW" IZffl liflt. KBSt Im r MATHU »HUM- M iMj WH 1— ooqacqaim* ows MJ 1] mum li2l—J4Zl2 Ml !M2_ gr~ jff"
      869 words
    • 640 42 INDONESIA NATIONAL LINE TO AUSTRALIA "I FUU.COHTAIMER3EWVICS va wr we at m i syp m m *n m MIWY JB 19/1210/12 15/12 31/11 02/01 05/01 POTOAM "ST B/12 24/12 05/0107/ M 01/01 12/01 tmwa «T >1/01 02/01 14/0? u/oi »/0i wmpmbam ats m/oi m/oi 10/01 21/01 |n/oi| pt/oi|FEEPER SERVICE TO
      640 words

  • Page 43 Advertisements
    • 477 43 BSA -i. M|ft MYANMA %BBBk FIVE STAR UNE 'T (Myaamar National Um) Loading for Yang on VESSEL VOY SIN PRL PW PGU PAGAN 205W SU) HP A-AN 282W 14/12 MALAYSIA AGENTS: OOUSTUD SHIPPING AGENCIES KUL Ttt 03-*****00 PKL: 111 03-*****101 PW: TE 04-*****02 PGlfc HI 07-*****21/4 BANK LINE (A MfYki
      477 words
    • 1246 43 HYUNDAI MERCHANT MARINE [mi VOY ISM I SOU I 181 I RIM lAM I HAM INV |VESS& I VOY 1 SOU I I RIM AM HAM MV fsH u VIS44W ***** ""W/Ol 04/01 03/01 04/01 HYAOMRAL *32* 20/11 25/11 22/11 23/11 14/12 IALORE VLS3OW 15/12 05/01 04/01 31/12 02/01 HYMGHNESS
      1,246 words
    • 906 43 vftv WALLENIUS WILHELMSEN TO NORTH AND lATM AMERICA aR RORO HIAVYLIfT SERVICE" vissa VOY I RAMP HEIGHT SIN UC MAO MIA SAV IMI I Off I NYC NEW MOB TAMPERE AfiToT lOOISh 6H~~ HJU 25/01 ***** 6576T VfJW OW WoT W 16/02 17/02 TEXAS AHIO2 4001 m 6.3 M 12/01
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  • Page 46 Advertisements
    • 82 46 We SINGAPORE PTE LTD V I 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Fa& (65) *****66 Email: cenenMacMtai.aculM.Mt Wl>JMr Website: http://www.eculine.net New Econ Line EAST MALAYSIA 2 x Fixed Day Sailings per Week between Kuching/Kota Kinabalu/Muara/Sibu S pore Bangkok, Laem Chabang Tawau/Bintulu/Labuan/Sandakan See Page 11 Call: 220 3373 FREMANTLE
      82 words

  • Page 47 Advertisements
    • 749 47 BE $AMVDEM SHI'P'PING > UN?B BB IN OUR CONTINUED DRIVE TO SERVE ALL 35 BR OUR VALUED CUSTOMERS BETTER, WE ARE gggj PLEASED TO ANNOUNCE OUR SNEW WEEKLY VIETNAM BB EE SERVICE BE with the following coverage QQ B8 SIN HCM (TAN CANG) BB SB HCM (VICT) SIN SB 888
      749 words
    • 862 47 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I PUG I SH I JUT I SUP I OIW I PPG I OM 00« 1 HAI I KYI I 0«F I SAY I ttW I TAM I WOU~| HOIGH PtAP /0440 11/11 17/12 20/12 Zl/\2 03/01 21/01 10/01 14/01 10/02 14/02
      862 words
    • 612 47 I INGLES SHIPPING CO PTE IJDI I I€»A U *****22 (10 Umi| frnv 5330*30/*****60 I C«»t HHMIIIOOC I VESSEL VOY SMEU SMETD DESTINATION B*i Doyo 21/00 12/12 15/12 Dumai/P Boru/Buaton Union Star 22 12/00 14/12 15/12 Surotoyo Union Star 32 15/00 14/12 15/12 Surotoyo UnonSttrS 12/00 18/12 19/12 iambi UnonSft>3B
      612 words

  • Page 48 Advertisements
    • 657 48 I VESSEL VOY SIN MAA SIN I TIGER STAR 858N 14-14/12 20-23/12 27-28/12 I TIGER RHYTHM 859N 17-18/12 23-26/12 30-31/12 I TIGER BRIDGE 860N 20-21/12 26-29/12 02-03/01 I TIGER METRO 861N 24-25/12 3CW)2/01 06-07/01 I TIGER STAR 862N 27-28/12 02-05/01 09-10/01 I TIGER RHYTHM 863N 30-31/12 05-08/01 12-13KJ1 I Ivesse^^^VO^^Sl^^^CA^^Sl^^l
      657 words
    • 962 48 Ha FREIGHT LINKS EXPRESS PTE LTD I 51 Ponjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 iSflr Tel: *****11 Fax: *****77 E-mail: flesin&singnet.com.sg WEBSITE: www.freightlinks.net FOR BOOKING: *****35/5539/5541/5553/3494 PROJECT SHIPMENT HIAYTMFT CARQQ (CONVENTIONAL A ROtO) towiww Um *****7*, H/Pi *****977 WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 9688
      962 words
    • 47 48 REGULAR DIRECT CONTAINER BREAKBUuTI SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 01WB 24/01 04/02 10/02 ALS EXPRESS 02WB 14/02 25/02 03/03 ACCEPTING TO JOHANNESBURG Ag«rts: Ttl tax Singapore -bn Lint Agenda *****61/147 *****63 Malayan fcndw Shaping Agency Sdw Bhd 03-S800M8? 03-*****020
      47 words
    • 1098 48 QSjd forM* I |g| lii I ll Lf f /.,n.n«. J C WfSOSn®. ■npl// WWW.OOU.COIII I«—rt M li»ort MM M MOO CHI Stt> OOQ. (AUFOtMA SQESO Iff 29/12 OVOI 04/01 04/111 I Y "12 W47 2£! 2£! JfnJ 2/! l ma* ooa MBV TOW 10E51 20/12 05/01 10/01 11/01 11/01
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  • Page 49 Miscellaneous
    • 126 49 SV^ Issued by Meteorological Service Singapore Thunderstorm Temperature wind direction and speed in knots Ram Weather Cloudy Day OO Hazy Sea Conditions Wind speed symbols i— i Sljght Kj 2 m O Full circle w/o line indicates calm or light and variable winds b===J 4 0 L *1 Moderate, 1.2
      126 words

  • Page 50 Advertisements
    • 118 50 MYANMAR TRADE NOTICE TO TRADE EMERGENCY BUNKER SURCHARGE (EBS) With the continuing increase in bunker prices over the past months, the undermentioned Lines have no alternative but to revise the Emergency Bunker Surcharge to the following levels with effect from 1 January 2001. The revised Emergency Bunker Surcharge shall take
      118 words