The Business Times, 7 December 2001
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2001-12-07
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The Business Times
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Title Section16 2001-12-07 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http7/business-times.asial .com.sg/ S INGAPORE FRIDAY, DECEMBER 7, 2001 85C16 words
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Article77 2001-12-07 1 □m U1&12 (+24.93) □wt-m M3J2 (+9.05) ST INDEX FtJTUSES 14KuM (+23.00) SZXSCIFDTDIES MM (+2.70) STOCK MiMET INDICES Thursday Change KLSECOMP 656J8 +117 NIKKEI 225 _10£6718 +***** HANG SENG 11,746.84 +17.40 SET INDEX ***** +L44 JAKABTA COMP OT9J9 *1.41 MANILA COXP .14JU4 +1117 TAIPEI WPI 1288J6 +***** SEOUL COUP77 words
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Article66 2001-12-07 1 ran bates uss s« USS (SSperUSS) 1.835 £(USS/S$ per 1.411 im EURO(USS/SS/E). 1888 1.629 DM tlOl 1J00 YEN 124.7 67.90 R* 1800 1071 HXS 7AM 4J60 BAHT 4188 23.90 KPIAH 10,430 1684 PfHHIIC RATIS SINGAPORE* 516 KUALA LUVPUR 6.40 HONO KONO 515 JAKARTA 19.00 TAIPEI 6.79 TOKYO 1J76 SEOUL66 words
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751 2001-12-07 1 Siow Li Sen - Key change in revised takeover code likely to aid banks' divestments Ky Siow Li Sen [SINGAPORE] The revised takeover code coming into effect next month will make it easier for companies to divest, and local banks in particular are expected to be751 words
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807 2001-12-07 1 Angela Tan, Quak Hiang Whai - Citibank is not in first shared ATM network by foreign banks By, Angela Tan, Quak Hiang Whai [SINGAPORE] Barely two days after getting their qualifying full bank (QFB) licences, Maybank and HSBC have teamed up with existing QFB Standard Chartered Bank to give customers807 words
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655 2001-12-07 1 KENNETH JAMES - COMMENTARY Before a recovery comes, there's important work to be done, says KBIVIVETB JAMBS KENNETH JAMES IN these confusing times a mixed metaphor or two might not be out of place; so, sorry to rain on your parade but this current "recovery"655 words
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667 2001-12-07 1 Andrea Tan - BTia'JJIIUIUJ By Andrea Tan [SINGAPORE] The Controller of Housing is closely monitoring the property market and might review the deferred downpayment scheme now being offered by developers if there is excessive speculation in the market Replying to questions from The Business Times, the667 words
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Page 1 Advertisements
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Advertisement80 2001-12-07 1 maiDß Executive Lifestyle Will weekend markets fill a niche in the S'pore retail scene? Pg2 Shipping Times PSA loses container shipping line to Jurong Port. Pg 1 Top stories Developers likely to sell more private homes next year. Nmxi Pmge Top HK developers attend Shenzhen land auction. Nmxt Page Tech80 words
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Advertisement112 2001-12-07 1 TheßusinessTimes 1 weekend "On the first day of Christmas my true love gave to me....' It might be tough finding partridges in pear trees to give to your true love these days, so let What's In Style help you with a modern interpretation of the 12 Days of Christmas. At112 words
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Advertisement53 2001-12-07 1 lImB \*mi of proprietary trading, Pg4 L L C 2000. Available watch specialists SINGAPORE: Chopard Boutique, The Promenade. Centrepoint. Suntec Plaza. Raffles Paragon City. Lucky Plaza. Suntec Singapore Airport. The Hour Gassan Singapore Airport. T2. For more Pte Temasek Boulevard. 38-02 A Suntec Tower One. Singapore *****7, Tel. 65/333 0801,53 words
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Advertisement9 2001-12-07 1 Developers likely to sell more private homes, Next Pg9 words
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NEXT page
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Article, Illustration407 2001-12-07 2 Kalpana Rashiwala - 6,000-7,000 units seen versus this year's 5,000: Wing Tai director Reports by Kalpana Rashiwala [SINGAPORE] Developers are likely to sell an estimated 6,000 to 7,000 new private homes next year, up from this year's figure of about 5,000, said Wing Tai's propertyFILE PHOTO - 407 words
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535 2001-12-07 2 Analysts expect good take-up rate for Ht Sinai condo [SINGAPORE] Wing Tai is the latest to take advantage of the current buying wave for low- to mid-priced homes, releasing its 99-year leasehold Mount Sinai condo at $575 psf on average. Most property consultants and535 words
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502 2001-12-07 2 Jennifer Lien - From Jennifer Lien in Silicon Valley THE continued tech recession in Silicon Valley has caused median home prices here to retreat for the first time in six years. The median price of a single-family resale home in the San Francisco Bay502 words
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546 2001-12-07 2 Audrey Tan - But high prices deter most from bidding for 3 lots From Audrey Tan in Hong Kong HONG Kong developers were out in full force at a land auction in Shenzhen yesterday, though most refrained from bidding for the three residential lots near the546 words
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ON THE grapevine
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Article88 2001-12-07 2 YESTERDAY four top Chinese PC makers Legend, TCL, Great Wall and Tsinhua said they will bundle Windows XP on their full range of products. As they account for 60 per cent of China's personal computer market, this is good news for Microsoft. According to the Business88 words
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Article71 2001-12-07 2 THAI journalists yesterday boycotted a government media workshop on "Reforming and Improving the Efficiency of Media", saying it was an attempt to stifle criticism of the new administration. While a government spokesman said it was organised with nothing but good intentions, Chavarong Limpatmapanee, secretary of the Thai71 words
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Article120 2001-12-07 2 IN Wednesday's report on unrealised share losses at Singapore Island Country Club (SICC), we stated incorrectly that Koh Yong Guan was chairman of the Public Utilities Board (PUB). The PUB's chairman is Tan Gee Paw, and he hp? appointed Mr Koh to be chairman of SICC effective from January120 words
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Advertisement60 2001-12-07 3 v vV, 6o'V^m 1 *i n "lii^^^^l 45 V JBBBI ZENITH £o30»»i\/* o '^MPl^fe^Swß y i V v For a copy of the Zenith catalogue, please contact LVMH Watch Jewellery Singapore Pte Ltd. Tel: 832 9103 or email: info@zenith-watches.com.sg Exclusively available at CORTINA: Raffles City 339 9185. Paragon 235 0084.60 words
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FOCUS market
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Article491 2001-12-07 4 Ven Sreenivasan - Retail players hoping for a sustained rally could end up waiting in vain By Ven Sreenivasan Picture this. Stockbrokers frantically juggling calls from clients while frenetically keying in new orders on their computer keyboards, shouting instructions to colleagues and anxiously monitoring stock activity on their terminals,491 words
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Article, Illustration988 2001-12-07 4 But some analysts say a month of gains after a month of losses doesn't mean recession is over LATWP, NYT, Reuters [NEW YORK] The rise of Wall Street's two bestknown indexes above key watermarks on Wednesday has added weight to the belief that theLATWP,; NYT,; Reuters; AFP - 988 words
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Article, Illustration726 2001-12-07 4 They are starting to look pricey as the sector's outlook is still uncertain Reuters [SINGAPORE] Is the latest Singapore tech stock rally a case of buyer beware? Some Singapore technology stocks are up over 20 per cent this week as rising memoryReuters; FILE PHOTO - 726 words
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Advertisement177 2001-12-07 4 AMARA SINGAPORE Brings You Singapore's very 0wn.... SiLKROAD od J'Q -/a i v' Jf I v i i Take a peek into Amara Singapore's new Silk Road Restaurant which showcases the best of Chinese provincial cuisines from the provinces of Sichuan, Shaanxi, Uaoning and Beijing with authentic specialities passionately prepared177 words
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Advertisement140 2001-12-07 5 Introducing Inspire The Next j nli rTMHriM SSL I I fl rr /t> fy |> >.- Tt -jfg^r^i|4^ %fAiftili T if rff#" I Using innovative technology and thoughtful design, Hitachi is constantly you'll discover a host of state-of-the-art features like the revolutionary I finding new Ways to make life better.140 words
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SINGAPORE markets
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Article, Illustration322 2001-12-07 6 OTHER SINGAPORE INDICES Dec 6 VALUE CLOSE BTO&QS 280.00 +39.00 BTCAM -*****.00 -17.00 BT 10-day MA -*****.00 +28.00 Aft-SG Equities 422.90 +4.75 SGEqaWMEhct 136.91 +0.06 SGEqdbesFlB 1390.94 +30.77 SG Prop 424.58 +0.49 MSCI Singapore 200.34 +3.79 SiMSCt Future 200.80 +2.70 Slocks Volume ChinaAvOil 5c 92,314.000 Datacrart 10c 34,743,000 PacificCenturylOc 27,552,000322 words
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Article, Illustration274 2001-12-07 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan PROPERTY stocks surged this week foUowing the strong take-up at several recent residential project launches. One of the best performing stocks is Nuovo Executive Condos developer, City Development. Yesterday, the counter rose to an 18-week high274 words
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Article, Illustration785 2001-12-07 6 r. sivanithy - STOCKS r. sivanithy ON the face of it, the strength shown by local blue chips over the past 3-4 sessions suggests that investors are convinced that the economic recovery is not far off and so have returned to the market in a big785 words
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Article, Illustration504 2001-12-07 6 larry wee - ■■■■■■■■■■■■■■■a CURRENCIES Ten sinks to 4-month low as yet another bankruptcy adds to Japan's economic woes larry wee AN explosive overnight rally on Wall Street set the tone for the greenback in Asian trading yesterday, with Japanese worries continuing toSource: Reuters - 504 words
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Article2951 2001-12-07 6 UNIT TRUSTS FUNDS ABM Amro Asset Mgt (S'porc) Star Europe Eqty!* 0845/ Star Europe 8d 0.98* Star Europe Bat 0.903/ Star Asian Tiger Eqty 0.75& Star Ana Bond 1 Ziti Star Asia Balanced 0.87/ Star Global Technology Fund 0 868/ Star Bhv Finance Japan Fund!" 0 34& AM Govett (Asia)2,951 words
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SINGAPORE companies
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757 2001-12-07 7 Teh Hooi Ling - Finance director says offer price is fair given business pressures By Teh Hooi Ling LADEN with a huge debt pile and unable to realise the value of some of its assets in the current depressed market, Keppel Transportation and Telecommunications (KTT) has limited options757 words
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210 2001-12-07 7 HIGHER marketing and bad debt expenses eroded the net profit of furniture retailer Courts (Singapore) by 32 per cent to $4.5 million for the six months ended Sept. Turnover for the period under review fell 13.3 per cent to $93.3 million210 words
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Article, Illustration692 2001-12-07 7 wong wei kong - HOCKiBBTI.-jM'.'J wong wei kong ■■B ISTED companies have been quick to re- —sort to downsizing to earnings and prices in the current downturn. But they should also take an equally hard look at management quality. Recent studies suggest that the stock market, looking beyond short-term financial692 words
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Article, Illustration488 2001-12-07 8 Teh Hooi Ling - Three new international business onits will handle SingTel's operations globally By Teh Hooi Ling SINGAPORE Telecommunications yesterday said it has combined three of its businesses with those of its recently acquired Australian subsidiary, Optus. Previously run as separate business operations, the two companies' respectiveAFP - 488 words
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336 2001-12-07 8 Serena Ng - By Serena Ng HONG Kong-based electronics contract manufacturer Surface Mount Technology yesterday said its interim profit fell 75 per cent to HK$9 million (Ss2.l million), but added that secondhalf profits are expected to be better. However, the main-board-listed company said full-year profits336 words
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Article, Illustration535 2001-12-07 8 Ling Su Ann - Its strength lies in wide customer base, reviving POSB brand By Ling Su Ann DBS Group Holdings, Singapore's largest retail bank, said it will leverage on customer loyalty, accessibility and cross-selling programmes to defend its market share against increasing foreign competition. Speaking to the pressFILE PHOTO - 535 words
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481 2001-12-07 8 David Boey - By David Boey RIDING the wave of the recent bullish market sentiment is main board aspirant Tsit Wing International Holdings, Hong Kong's biggest coffee and tea supplier. The Hong-Kong-based company said yesterday that it will sell 40 million shares at481 words
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COMPANY Briefs
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Article83 2001-12-07 8 AFX-Asia ASIA Dekor Holdings, a China-based producer and supplier of wood flooring listed on the Singapore Exchange, said it is setting up an office and showroom in Singapore to access the South-east Asian market. This will be Asia Dekor's third overseas expansion after setting upAFX-Asia - 83 words
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Article49 2001-12-07 8 AFX-Asia CSE Systems Engineering said its UK unit Servelec has secured a £2.6 million (Ss6.B million) contract from Transco pic for the deployment of a UK-wide telemetry system, which is expected to improve Transco's monitoring of its gas transmission network throughout the UK -AFX-AsiaAFX-Asia - 49 words
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Article102 2001-12-07 8 KINGBOARD Copper Foil said profit for the half year to Sept 90 fell 24 par cent to HK$67 million (5115.6 million). Turnover rose 15 per cent to HKs279million. It said global demand for copper foil turned soft owing to the significant correction in the102 words
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81 2001-12-07 8 CM Telecom said it reduced its net loss to HKIISO million (Ss3s million) for the half year to Sept 30 from HK$237 million a year ago. Group turnover was up 3.8 per cent to HK1378 million thanks to a gradual recovery of its core businesses.81 words
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81 2001-12-07 8 ADVANCED Systems Automation said its earnings for the six months to Sept 30 plunged 97.4 per cent to $177,000 while turnover was halved to $37.5 million. The substantial decrease was mainly due to low sales volumes and engineering costs incurred on its new product81 words
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28 2001-12-07 8 I-ONE.NET International has appointed Cindy Lim Kim Soon Lee as an executive director. Ms Um, 35, is currently group financial controller for Superßowl Holdings.28 words
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Page 7 Advertisements
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Advertisement1021 2001-12-07 7 Not only is the Compaq iPAQ 3760 the fastest and most powerful handheld PC in town, but it also comes with the highest memory capacity 128MB RAM. With a lot more storage, you can get a lot more done, in a lot less time. Powered by a 206 MHz Intel*1,021 words
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Advertisement242 2001-12-07 8 ufOs2ol I 1 0R pPn oK w,dud 4 A (Appro. 800 gm Utah ttdw) #Q« (AppmiSOOgWirtwliMil (MexwMe duck per able) 9IA (Hex to Ikg per We) fO (Ho to Ilq per table) WHEN YOU LUNCH OR lINMN U Wfl RCSIMMNT One choka per table only. Chore on a ftst-come, ft242 words
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SINGAPORE news
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486 2001-12-07 9 Anna Teo - By Anna Teo THE economy is widely expected to shrink by 8.7 per cent in the current final quarter of the year, bringing full-year contraction to 2.7 per cent, according to economists polled recently by the Monetary Authority of Singapore (MAS). The median486 words
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Article, Illustration315 2001-12-07 9 ABN Amro has decided to rig up a charity wish tree this year instead of the usual corporate Christmas tree in its main banking hall in Chulia Street. "In the past, we've had large, fancy trees in our main lobby, but thisARTHUR LEE - 315 words
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555 2001-12-07 9 Vince Chong - $15bdevt will also veer northwards into Holland Village in future: BG Yeo By Vince Chong THE Singapore Science Parks will eventually be integrated with one-north, said Minister for Trade and Industry George Yeo. BG Yeo was speaking to reporters at a groundbreaking555 words
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327 2001-12-07 9 Invest&m&tic to use genXstock software to advise clients THE Monetary Authority of Singapore (MAS) has awarded an investment adviser's (LA) licence to an investment software solutions provider, Investamatic Research Corporation (IRC). This continues its broad move to open the finance sector here to non-tradition-327 words
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245 2001-12-07 9 BNP Paribas said it is setting up a new private banking unit in Singapore, after it recently received approval for a wholesale banking licence (WBL) for its private banking business here. The new unit will be a branch of BNP Paribas Private Bank,245 words
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Advertisement110 2001-12-07 9 The Data! LADQKAVI 40% OFF RAINFOREST Langkawi s exclusive resort is offering 40% off our normal room rates Call now before it disappears The offer that is Promotional Price Per Night Deluxe room RM76O nett per night Offer valid until 30th |une 2002 (Not applicable from 22nd Dec 2001 6th110 words
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Advertisement6 2001-12-07 9 BlHHHliiHHHilHBHIlllHH^ MM** Jmy *ttMflto* Ssmi* I6 words
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Advertisement68 2001-12-07 9 B^. You never Jfr^S^j^, r fj>j |p actually own a Patek Philippe. Ulu r ßy You merely look after it for the next generation. Annual Calendar by Patek Philippe The HourGlass S SINGAPORE THE HOUR GLASS T»k»»h,m.,. SC TW 734 2420 Scorn SCW 23S TIM Lucky Ptau T«< 733 126268 words
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Advertisement770 2001-12-07 10 St H Q IPit. n Th p Fi 11", ii r p e 11* p n r~i iMii l JWMl!?iis 3 S tt3so*df ¥&®<dl IoMMi ImmP ft SmmP MMf ''aiftff #h Hi* -t^ii'firtr rajX Ls~ ?SEot7^ JMjfcl*#* w^ <^^n2V^sjryiflE7 Where the essence oP MPe Flaws in hsrmany wi The Complete770 words
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Advertisement554 2001-12-07 11 fc lj it* b E tms si 3 Int d £3 lj nt e o C i tz* y. 'w/BBIk IF »v r JRr v m. m if Flaws in harmony with the power oF success. FSp The Holistic View A World Apart of* a a 1 srrrrr^r,^ abou, i554 words
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MAIL bag
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Article, Illustration619 2001-12-07 12 Ng Kah Wan Singapore - Ng Kah Wan Singapore THE Supplementary Retirement Scheme (SRS) came into effect on April 1, 2001. However, I have found that many people still have some misconceptions about SRS, and have thus not opened an SRS account. SRS is a new, effective tool forPRUDENCIO MIEL JR/ST - 619 words
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293 2001-12-07 12 Narayana Narayana Singapore - Narayana Narayana Singapore I REFER to the letter "SGX clarifies short-selling procedures" by Peter Chia (BT, Dec 3). Mr Chia, executive vicepresident, head of securities clearing and depository, Singapore Exchange, wrote that it would certainly help uninformed investors become aware of the considerable risks293 words
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Article354 2001-12-07 12 Tan Kok Tim Singapore - Tan Kok Tim Singapore I REFER to your report "Half of economic review panel from private sector" (BT, Dec 4). The new Economic Review Committee (ERC) has been formed. Deputy Prime Minister Lee Hsien Loong said that he would not leave any stones354 words
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Advertisement840 2001-12-07 12 call toll-free IMP *****9$ «—M rwni)»i^<wm rrw ELECTRONIC COMPONENTS PTE LTD Mma Of SHOAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OF THE COMPANIES ACT (CAP 90) KT 36 ROBINSON ROAD *18-01 CITY HOUSE840 words
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Advertisement700 2001-12-07 12 HALLMARK CARDS (SINGAPORE) PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEKESY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE KEN HELD PURSUANT TO SRCTION 179(6) OF COMPANIES ACT (CAP 50) AT 10 HOC CHIANG ROAD *18-00 KEPFEL TOWERS SINGAPORE *****5 ON THE 3" DAY700 words
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Advertisement398 2001-12-07 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Of TEL ASIA PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at J Kallang Sector. Kolam Ayer Industrial Park,398 words
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Advertisement511 2001-12-07 12 IN THE MATTER OF THE COMPAMES ACT, CHAPTER SO ANO M THE MATTER OF X-HAY COMPUTER A ULTRASOUND CUNtC PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary GanaraJ Maeting of the abovenamed Company daamad io ba held on SOtti November 2001 at 11.00 am lor ihe fotowma purposes SPECIAL511 words
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Advertisement578 2001-12-07 12 M THE MATTER OF THE COMPANKS ACT (CHAPTER SO) AND M THE MATTER Of MIP INTERNATIONAL PTE LTD (In Members' Voluntary Uqutoaton) A! ar Extraordinary General Meeting of If* abovanamad Company (My convened and held at 101-A Upper Croea Street, #11-22 People's Park Centre. Singapore *****6 on Fnday. the 30ttt578 words
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Advertisement564 2001-12-07 12 We welcome letters. E-mail us at btletterQsph.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 in564 words
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Advertisement428 2001-12-07 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ADVENT VENTURES PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the above Company duly convened and held at 190 Middle Road #14-02, Fortune Centre, Singapore *****9 on Friday, 7th December 2001 at 10428 words
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Advertisement116 2001-12-07 13 JB s aiflk aflhJktas adUHhfc <*' r Inspired by nature's three vital elements, Blancpain has created a new generation of timepieces: the Trilogy. With the GMT, circle the earth with XK3^&si^yifi&it* f I***-- %w if.' A, EXCLUSIVELY AT: SINGAPORE: Cortina Watch Raffles City #01-36 Tel: 339 9185 Mlllenla Walk #01-62/65116 words
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EDITORIAL & opinion
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Article, Illustration600 2001-12-07 14 dane chamorro - THEHH M?WTWiiTTnfI OPINION dane chamorro The writer was a US diplomat posted to the Philippines in 1989. Ten years later, he was there as an international executive for the Swiss MNC, SGS Societe Generale de Surveillance SA. THE alleged links between al-Qaeda600 words
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Article165 2001-12-07 14 'After two to three months, the fighting will start again.' Ahmad Stab a teashop owner in Kandahar, on Afghanistan's post- Taliban future. 'Oil is both a blessing and a curse.' -Beshrßakheet a Saudi fund manager, on 20 years of economic decline that has worsened poverty and the165 words
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Article571 2001-12-07 14 EDITORIAL IN the past 10 days, President Megawati Sukarnoputri's government has done a few things that should go some way towards assuring the international community that Indonesia under her stewardship may be about to turn the comer after almost three years of political inertia Firstly, there571 words
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Article, Illustration922 2001-12-07 14 Anthony Rowley - Koizumi is leading Japan into extremely dangerous territory, bolstered by several official reports From Anthony Rowley The writer isßT's Tokyo correspondent in Tokyo IT has been a grim week for the Japanese economy, with a clutch of reports predicting "financial ruin" for theAFP - 922 words
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Article, Illustration467 2001-12-07 14 Nobody wants to pay for a deficit that looks 'structural' COMMENTARY Editorial in the South China Morning Post, Dec 6 FINANCIAL Secretary Antony Leung Kam-chung looks to be caught between a rock and a hard place. Not enough money is coming in, too much is going outEditorial in the South China Morning Post, Dec 6; REUTERS - 467 words
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Advertisement23 2001-12-07 14 111* I Lianhe Zaobao I I Ascendas I I maps out plan to give I REIT I oUteso* I fife I ■IVMMtttftgtt I23 words
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REGIONAL news
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387 2001-12-07 15 Eddie Toh - An IPO is in line with govt plan to retain control of the profitable company From Eddie Toh in Kuala Lumpur THE Malaysian government is set to float its Projek Lebuhraya Utara Selatan (Plus), owner of the NorthSouth Expressway, according to a387 words
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212 2001-12-07 15 KUALA LUMPUR State debt mediator chief Azman Yahya may hasten revamp Reuters MALAYSIAN Airline System shares rose to their highest level in almost three months after the carrier named Azman Yahya, chairman of the country's state-run debt mediator and asset management company,Reuters - 212 words
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235 2001-12-07 15 KUALA LUMPUR AP PRIME Minister Mahathir Mohamad predicted yesterday that Malaysia will record positive gross domestic product (GDP) growth in 2001. Most private sector economists are predicting a slight contraction. "I think we can grow," Dr Mahathir told reporters.AP - 235 words
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129 2001-12-07 15 KUALA LUMPUR AFX PUAS Emas is bidding for Indah Water (Consortium (IWK) and is planning to invest RM2S billion (Ssl2 billion) in the company over the next 33 years, Bernama reported. Former minister of domestic trade and consumer affairs Megat Junid Megat Ayob hasAFX - 129 words
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454 2001-12-07 16 BANGKOK The suit is seen as an attempt to allot blame for the 1997 financial debacle AP THAILAND'S central bank took the first legal step yesterday to seek US$4O billion in damages from a former governor accused of nearly emptying the country'sAP - 454 words
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304 2001-12-07 16 JAKARTA AFP INDONESIAN state tin mining concern PT Timah, labouring under low prices and illegal mining, may cut its workforce by almost three-quarters from next year, a company executive said on Wednesday. "We will have to see how the prices areAFP - 304 words
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202 2001-12-07 16 MANILA Dow Jones Newswires THE Presidential Commission on Good Government (PCGG) said yesterday it will block a reported plan of San Miguel Corp chairman Eduardo Cojuangco to seU unissued shares of the Philippine food and beverage conglomerate to fund expansion projectsDow Jones Newswires - 202 words
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278 2001-12-07 16 JAKARTA Bloomberg INDONESIAN lawmakers endorsed three central bank deputy governors for posts that were vacant for most of this year, said Benny Pasaribu, head of the House finance committee. The panel is backing Maulana Ibrahim, Maman Sumantri and Bunbunan Hutapea as replacementsBloomberg - 278 words
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261 2001-12-07 16 BANGKOK AFP BANGKOK clubbers are in for a treat when the Ministry of Sound, Britain's biggest nightclub, opens its first venue outside Britain this month. The 150-million-baht (Ss6 million) club, to be built on Sukhumvit road, in one of Bangkok's trendiest nightlife areas,AFP - 261 words
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Article, Illustration326 2001-12-07 16 Bloomberg [JAKARTA] Indonesia will seek new buyers for a stake in PT Semen Gresik, the country's largest cement producer, if talks with Mexico's Cemex SA end without agreement, State Enterprise Minister Laksamana Sukardi said yesterday. Cemex said it is continuing talks with the governmentBloomberg; REUTERS - 326 words
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183 2001-12-07 16 Reuters [JAKARTA] Foreign investment approvals in Indonesia from January to October this year plunged by 49 per cent to U556.47 bUlion from U5513.14 biUion in the same period last year, the government said yesterday. The number of projects approved fell to 1,086 from 1,256Reuters - 183 words
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NOTE Book
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56 2001-12-07 16 Reuters [KUALA LUMPUR] Malaysia's Tanco Holdings Bhd and its creditors have agreed to restructure debts totalling RM294.7 million (*****.3 million), the Corporate Debt Restructuring Committee (CDRC) said yesterday. It said the deal was expected to help ease the company's financial woes and restoreReuters - 56 words
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Article71 2001-12-07 16 Reuters [JAKARTA] Indonesia plans to invest US$3 billion in a coconut plantation complex in the eastern part of the archipelago to boost living standards, State Minister for Eastern Indonesia Development Manuel Kaisepo said yesterday. "We are planning an integrated coconut plantation (complex) with investment ofReuters - 71 words
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64 2001-12-07 16 Reuters [MANILA] The Philippine central bank yesterday cut interest rates to a six-year low and eased bank reserve requirements in its latest move to encourage growth. It announced a quarter percentage point cut in overnight rates and a two-point drop in bank liquidity reserveReuters - 64 words
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63 2001-12-07 16 AP JAKARTA Former president Suharto s youngest son Tommy has denied any involvement in the murder of the judge who sentenced him to jail for alleged graft, police said yesterday. Chief detective Col Adang Rochjana said that despite claims of innocence, he was certainAP - 63 words
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83 2001-12-07 16 Bloomberg [MANILA] The Philippines' National Development Corp, a government-owned financier of projects undertaken by other companies, may sell bonds to help fund the construction of a casino and entertainment centre in Manila. The company will sell 18 billion pesos (Ss63o million) of bondsBloomberg - 83 words
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52 2001-12-07 16 AP [BANKGOK] The Thai government's plans to hold a media workshop ran aground yesterday after outraged journalists slammed it as a blatant attempt to stifle the media criticism of the new administration. The Thai Journalists Association said in a statement that it will boycott the government-organisedAP - 52 words
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310 2001-12-07 17 HONGKONG New World boss believes fnnHanumtnlg remain strong AFP HONG Kong's property prices are expected to rise by 10 per cent next year from current levels, chairman of New World Development Henry Cheng said yesterday. "I agree with (property tycoon) LiAFP - 310 words
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95 2001-12-07 17 HONGKONG AFX SUN Hung Kai Properties sold out 30 units at its Park Central residential development reserved for private sale in one hour on Wednesday, the Hong Kong Economic Times cited market sources as saying. The average priceAFX - 95 words
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366 2001-12-07 17 BEIJING SocGen also keen on investing in arm of biggest China bank Bloomberg HSBC Holdings pic, J P Morgan Chase Co and Societe Generate SA are in talks to invest in the brokerage arm of China's biggest bank, competing to be theBloomberg - 366 words
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Page 15 Advertisements
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Advertisement153 2001-12-07 15 2? *JwsSoS^^KKJKSSI ■HjUjlK'."' i I |II From gifts to window grills, ■H MB find them all in The Straits MM Times Classified. fi~t S? i liAlsJ f Am m I r. fp f?f£ V V't* 1" u ffliVr# if )k/£^\ 9 jA I 4 fIP B\ I) t% .M> v153 words
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Article, Illustration1207 2001-12-07 16 Transaction date: Dec 6 MTERBAlfK CROSS RATES AS CS Bint Eare Ftr Pw m$ Wb Inplah Von Won HI IgWIi Nm S} land Sfr MT$ 6*t Hmt USS Australia 0.815 4289 0.582 3.819 1.139 4.031 24.758 53.907 0.644 6.573 1964 1.245 31.350 26.850 0.948 5.738 0357 17.813 22.666 0J651,207 words
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Article1765 2001-12-07 17 SICOM FUTURES Dec 6 RUBKI (Mam dot** a* at S JOpati RSS1 CONTRACTUS c»nts/l«j) Close VoiMM OfM Mowtti Hj«h Low Sett (tOMii) Interest JM 02 87.00 Feb 02 88.00 Mar 02 89.00 Apr/Jun 02 90.25 RSS 3 CONTRACT (US centi/l*) VoiMM OfM MoMfa Mgli Low Sott (tOMii) Interest JM1,765 words
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Page 17 Advertisements
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Advertisement141 2001-12-07 17 BP 5 1 Simply by using your Citibank credit card*, you can now enjoy up to 12 months of interest-free instalments at The Hour Glass. So visit The Hour Glass today, for an ex P erience beyond fine timepieces and knowledgeable, personal service. 'conditions app i r The Hour Glass141 words
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WORLD news
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373 2001-12-07 18 Bloomberg [OSAKA] Aoki Corp, a Japanese general contractor, filed for court protection from creditors in a sign that pressure from the Koizumi administration is forcing banks to clear away bad loans. The company said it filed at the Tokyo District Court under theBloomberg - 373 words
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213 2001-12-07 18 WASHINGTON Bloomberg HEWLETT-PACKARD Co's planned U5525.2 bUlion acquisition of Compaq Computer Corp would reduce earnings more than expected, director Walter Hewlett said, as Compaq's prospects worsen and PC sales slump. The acquisition would now reduce per-share profit by 34 per cent inBloomberg - 213 words
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313 2001-12-07 18 NEWYORK Reuters SEMICONDUCTOR equipment companies posted their worst-ever decline this year, a trade group said on Wednesday, as sales of equipment used to make and test microchips dropped 38 per cent. Adding a bit of sugar to the sour news, Semiconductor EquipmentReuters - 313 words
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Article246 2001-12-07 18 NYT [NEW YORK] A. Alfred Taubman, the shopping mall mogul who became chairman and largest controlling stockholder of Sotheby's auction house, was found guilty on Wednesday of conspiring with his supposed rival Christie's to set the same rates for sellers at auctions over the past six years.NYT - 246 words
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432 2001-12-07 19 WASHINGTON Weekly jobless claims foil to 475,000; 493,000 in previous week Bloomberg US worker productivity grew in the third quarter at a slower pace than estimated last month, reflecting the worst three months of economic contraction since the 1990-91 recession, government figuresBloomberg - 432 words
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WORLD Watch
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79 2001-12-07 19 Reuters [WASHINGTON] US orders for manufactured goods rose sharply in October, the Commerce Department said yesterday, as demand for computers and new military planes hinted at a possible rebound for a slumping factory sector. The Commerce Department said new factory orders increased byReuters - 79 words
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Article67 2001-12-07 19 Bloomberg [FRANKFURT] The European Central Bank kept its benchmark interest rate at 3.25 per cent, after cutting by a half point last month. Executives expect the bank to pare rates again next year to help revive the economy. The ECB hasn't reduced rates atBloomberg - 67 words
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64 2001-12-07 19 Bloomberg [TOKYO] All Nippon Airways, Asia's second biggest airline, opposes rival Japan Airlines Co's takeover of Japan Air System because it will give Asia's biggest carrier an unfair advantage on domestic routes. "Domestic competition has lowered fares and raised service standards," All NipponBloomberg - 64 words
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96 2001-12-07 19 Reuters [CHAMAN, Pakistan] Taliban supreme leader Mullah Mohammad Omar has decided to hand over Kandahar, his last main stronghold in Afghanistan, in a day or two, a Taliban spokesman told the Afghan Islamic Press yesterday. "Mullah Omar has decided to hand over Kandahar toReuters - 96 words
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63 2001-12-07 19 Reuters [TOKYO] Electronics conglomerates Toshiba Corp and Siemens AG yesterday scrapped a deal to jointly develop third-generation (3G) mobile phones but said they still planned to bring their own 3G handsets to market next year. The unravelling of the alliance makes it likely both firmsReuters - 63 words
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Article, Illustration387 2001-12-07 19 NEW YORK NYT FORD Motor Co, the US' sec-ond-largest automaker after General Motors, said on Wednesday that its loss for the fourth quarter would be five times greater than analysts had forecast. Ford officials blamed a tide of car repossessions and delinquentNYT; AP - 387 words
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364 2001-12-07 19 NEW YORK Reuters AOL Time Warner chief executive Gerald Levin, who said on Wednesday he will retire in May, straddled a remarkable era in mass media as traditional 20th century publishing and TV companies embraced the 21st century technology of the Internet.Reuters - 364 words
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274 2001-12-07 19 NEWYORK Reuters US corporate credit quality, battered by the Sept 11 attacks, is falling fast and on pace to suffer its worst year in a decade, Moody's Investors Service said on Wednesday. "There's a sense among some that when the attacksReuters - 274 words
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434 2001-12-07 20 BUENOS AIRES/WASHINGTON Bonds fall on fears it is heading for the biggest sovereign debt default ever Reuters THE International Monetary Fund on Wednesday dashed Argentina's hopes for a much-needed US$l.3 billion loan, taking the country closer to committing the biggest sovereign debt defaultReuters - 434 words
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509 2001-12-07 20 Leon Hadar - Lawmakers trying to reach compromise on plan /■Yorn Leon Hadar tti Washington WITH Wall Street sending some signals that the US economy may be recovering, lawmakers in Washington are trying to reach a compromise on a major plan to stimulate the economy which could509 words
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Article5444 2001-12-07 18 Transaction date: Dec 6 for more, go to lurvwxisicumenmarketsjcorn HONG KONG vol HM W- 'OOP AcrossAsia Multimedia 0.50 unch 0 Alpha General 0 04 unch 3150 Amoy Prop .8 J5 v*xh 5099 Ananda Wing On 0.06 unch *****0 Angara New Steel H 1.01 unch ***** Annul Conch H5,444 words
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Page 18 Advertisements
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Advertisement39 2001-12-07 18 I CHANGES I I The Business Times The Economist I I Ssiaday I I 1 year subscription of I I The Business Times The Economist I at only $330 (usual price $759) I I Call 388 3838 now! I39 words
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Article2597 2001-12-07 19 Transaction date: Dec 6 KUALA LUMPUR v«i MM W- COM) A a M Realty .033 0 02 70 At*X J.10 0 08 659 AO> Industries 3.92 0.06 86 Advance Synergy .0.63 -0.01 196 Affin Holdings 0.24 0.01 38 AhmadZakites .3.94 unch 2 AJCCorp .4.56 0-22 334 AikbeeRes .2.15 uncti2,597 words
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Article779 2001-12-07 19 Transaction date: Dec 6 5 o—'I a- amm C*C OJO 2410 40.070 mawil SOc OT7 ojto *0010 Cjp«ttL»nd 153 1.790 *0030 OOC 947 11.700 *0.300 Owl SwraCond26c HO 4.740 *0140 OU€ 0.40 t xn -0050 City Dav SOc 2.17 5*0 *0 050 Partway M 25c 041 0.170 -0010 CraM»*T25c779 words
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Article676 2001-12-07 19 BONDS WARRANTS U«t VIC— bar 122 f ">'1 ««r- nunii Mw »S—un AST1 ******1 20.5 -1 133 1 16 -1 1 JO 30 Aona Ltd WM11 IS 1 -05 3292 1 50 4S8 3.17 35 Arrntk VV*****0 325 -1 113 1 33 7 1M 42 Armstrong 1MM0520 A 1 10676 words
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Article5951 2001-12-07 20 Transaction date: Dec 6 for live prices, log on to irwu'asiaonemarketsjom SM* Lmt Vol Of Lact Quote GrOhr Mv GrVtd MM MCa *U>| MWi low Ciwmi Ml w- ftOB ug fcggr Sefcr Cw M >3 Mg < ABNAmroNLG 56c 3.4 131 39.5 8.5 c ACE pynam>cs20c 12 105,951 words
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Article42 2001-12-07 20 ■a*- -n a a a.*t a* 1 sta-a ItJ® «10 s Diamonds US9830cd 9830 CM 3830 s ISDJ USTcch USSS2M 555 *40 s IS MSG Spore UMSOcd I ***** *70 ISSW500 US115C0cd 1J150 9950 s STO« USH550tfl t1S9D I I42 words
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Article1533 2001-12-07 20 M*"lL X "SL -°1 f GrOk. H> GrVW MM MCa WMag *f U C'T"> w- fl Mil l— 8—et Sefcr Car HI l3 m3 JS !i unth 1 16 5 15 5 16 1« 5 It 14 4.7 JO.9 15 405 UcAPOISc 17.5 -25 964 22 17 171,533 words
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Article398 2001-12-07 20 SMft 1M Ml Day LMQMta firOt> Mr CrtW MM MCa "*f> I— Ciwpini LSaie l>f> Uw —ym M» Cur W 13 110 CO AVJenninp A2Sc A 815*1 79 84 40 3.4 12J 4.7 1754 CMhay Pac 20c HK 720 265 2 1 7 4 6 *****2 Cheung KongSOc398 words
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Page 21 Advertisements
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Advertisement61 2001-12-07 21 £%W *-v ka>? ~^W4 iHp v .1 J j '*1 ',1 <fi ::M fc i |B I *^jj» I I ;If JL..J iM R SB Ift y A T Hit Hi v I B1 £h J^^flj shopping at the two that have just opened. mmb o I i 4 •>61 words
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Advertisement31 2001-12-07 21 INSIDE Biz Woman Gurmit Kaur: Singapore's own bauble babe ELS Golf Sentosa's Serapong rejuvenated EL 4 The Arts 'Plunge': Less is more? EL 6 Epicure An inviting combination atJaan EL 731 words
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EXECUTIVE Lifestyle
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PERSPECTIVE
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691 2001-12-07 22 jaime ee - OFFnrrgarui Will the Segway Human Transporter that was recently nnveiled ever replace the trusty car? It's unlikely car makers will lose much sleep over the battery-powered scooter jaime ee 'AMERICAN inventor unveils single-seat electric scooter'. Darn these inventors why do they keep inventing things that691 words
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Article, Illustration1848 2001-12-07 22 COVER STORY TWO new weekend markets. Two locations. Both endorsed by the Singapore Tourism Board. But are shoppers ready to support the local version of famous, crowd-pulling weekend markets such as London's Portobello or Sydney's Paddington? After a slightly nervous start, the answer appears to be a hesitantARTHUR LEE - 1,848 words
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BIZ WOMAN
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Article, Illustration1161 2001-12-07 23 CAT ONG - Model-turned-jeweller Gurmit Kaur is gaining style-icon status with the fashion elite, reports cat om CAT ONG POR a kampung girl from Yankit Village in Changi who used to fashion her own accessories from the bits and pieces of junk that she could salvage from the neighbourhoodCHRIS LOH - 1,161 words
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GOLF
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Article, Illustration497 2001-12-07 24 VEN SREENIVASAN - vbm mmwimm i s impressed with the results of the grand old lady's facelift VEN SREENIVASAN SENTOSA Golf Club's two courses must surely rank amongst the best resort golf courses in Asia. With the sight of free roaming peacocks and other exotic birds, the cool sea497 words
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425 2001-12-07 24 Ven Sreenivasan - By Ven Sreenivasan SCHOOLS in the north of Singapore could soon be plugged into the island's biggest junior golf academy through a programme which would make golf a credit-earning ECA (extra curricular activity) sport and eventually qualify for CPF Edusave funding.425 words
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CINEMA
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Article1198 2001-12-07 25 Susan Tsang - By Susan Tsang MORE and more blockbusters! And oh, the stars! George Clooney, Matt Damon, Julia Roberts and Andy Garcia light up Ocean's Eleven, which previews this weekend, about robbing a casino vault. Another caper movie opening this week is The Score, which boasts the three-generation whammy of1,198 words
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Article, Illustration664 2001-12-07 25 Susan Tsang - A tight script and solid acting make up for the cliches in the robbery caper movie By Susan Tsang NICK Wells is a master thief who attributes his continued success not to flair or daring, but to a deep conservatism. He never takes risks, and664 words
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THE ARTS
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Article, Illustration414 2001-12-07 26 PARVATHI NAYAR - While energetic, the use of high-level physicality robbed Plunge of an emotional core, says PARVATHINAYAR PARVATHI NAYAR THE May 1998 race riots— whose horrors included gang-rapes of Chinese women were one of the more terrible climaxes of the Asian economic crisis, or kris-mon it was called in414 words
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Article, Illustration461 2001-12-07 26 Aaron Lye - S'pore&n Tan Pin Pin wins Discovery Channel's Asian budding filmmakers contest By Aaron Lye "MAKING sense of an ever-changing landscape" a refrain more commonly heard on a certain local news channel, but highly reflective of the theme of the Discovery Channel's Asia First Time FilmFILE PHOTO - 461 words
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Article576 2001-12-07 26 Aaron Lye - Compiled by Aaron Lye Static: 348-5555 TteketChaffts: 296-2929 PERFORMANCES TIm Second 42 Ttoaba Festival u/, m fiwi roiir The fourth week of Action Theatre's month-long festival featuring works by new and experienced artistes, playwrights and directors. Till Dec 9, Action Theatre, 42 Waterloo Street. Tickets available from TicketCharge.576 words
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EPICURE
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Article, Illustration500 2001-12-07 27 CORINNE KERK - Though the French cuisine at Jaan is competent oouinnnßXis bowled over more by the restaurant's spectacular views CORINNE KERK IT'S supposed to be the jewel of The Equinox Complex the new dining and entertainment concept which replaces Compass Rose at The Westin Stamford (soon-to-be renamed Swissotel, TheARTHUR LEE - 500 words
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Article171 2001-12-07 27 WANT to check out the chic, new Equinox Restaurant (replacing the Compass Rose) at The Westin Stamford? Then why not combine that with a good cause. Next Saturday, Pomellato jewellery will host a dinner at the restaurant-with-many-dramatic-views by presenting That's Amore!, an Action For Aids (AFA)171 words
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Article391 2001-12-07 27 Cheah Ui-Hoon - CRAVINGS By Cheah Ui-Hoon THE hot and sour, sweet and salty blends of Thai food are hard to resist. I mentioned Tom Yam soup to an acquaintance and the answer was an enthusiastic "yes" to lunch at the ANA hotel for their Tempting Taste of391 words
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Article182 2001-12-07 27 LEARN to cook nonya cuisine in the historical city of Malacca tomorrow and Sunday at the Hotel Equatorial. Food tour organiser foodies 'n' friends have put together a two-day culinary package that features nonya cooking lessons with celebrity chef Florence Tan and Japanese cooking lessons helmed by182 words
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Page 22 Advertisements
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Advertisement27 2001-12-07 22 MOVADO MOVADO 1 v-V MOVAC W s £<, MHMQMOOIMtI (WW /WOVADO MAM Min MOVAOO MAM MOfAOO MAM A rho<.s.-d Dvoltr B.a.hKH po.nt i'l P K-npl.Pa,l Su« < 'ty Moll27 words
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Page 23 Advertisements
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Advertisement218 2001-12-07 23 |P% 1 TVI VWWI mi:', ..lHr i 8 MadwGwp Arfato, Ufin I TX-5 trZoOH tCr $4,t?y I||^sbH 4Hr ISH jHHUft S' F R PURE ENTERTA,NMENT NO OTHER RANGE MATTERS. |M Panasonic's T (tau) Plasma T (tau) Thanks to GIGA Projection TV Flat Colour TV range of entertaining With HD (High218 words
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Page 24 Advertisements
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Advertisement308 2001-12-07 24 Where to wine, dine and entertain...-s sft2t£Sf.SS mm Authentic! Traditional! Delicious! Christmas favourites at th« Marriott Get your Christmas Celebration off to a flying start with seasonal favourites at the Singapore Marriott Hotel. Treat your family, friends and business associates to our festive lunch, high tea and dinner buffets. Better308 words
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Advertisement105 2001-12-07 24 (J^amadhan 23rd Nov 14 D«c 01 An Excoptlonal ExmH Offering the best of j| Deep Fried Minced MckJ||l Prawn with Sweet Sour Sauce, Fragrant Chicken popular dessert* of Assorted Malay Black Bean Porridge many more... Dinner Buffet: $28.00 per Adslt: $14.0ofiH||^H^ 7pm Cafe Vic Price# are subject to 10% service105 words
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Advertisement224 2001-12-07 24 Catch up with friends and relax in the casual atmosphere erf a delightful high tea session. Our Asian High Tea selection features barbecued chicken wings, assorted tlm sum, satay, Wed carrot cake and more, has enough bite to keep your conversation going! Available every Saturday. Sunday and Public Holiday from224 words
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Advertisement116 2001-12-07 24 dkvK' i *tt»* I Function Room available for yoor I I 'Anniversary Dinner Danoe> I I 5 -"a I I Maximum 100 pax 4 I Minimum Seminar -15 pax I I I I For enquiries, call us at 430 4119 218 Queen Street, Singapore IMS 49 Amambaroffe KOHMOTHOSGCOUT I HHHk116 words
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Advertisement32 2001-12-07 24 Enjoy Haney-glazed Ham, Prime Beef Rib and Festive 6oadles from mandarin Peil Call *****89/737 4282 to place your orders now! 3jT 333 Orchard Road. Singapore *****7. TW: 737 4411 Fax? 732 238132 words
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Page 25 Advertisements
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Advertisement340 2001-12-07 25 SONY. Sony DVD Phenomenori^Hk Sony's first Digital Home Theatre System with DVD and SACD f AIMn-orw DVD eyatem, DAV-8500 A Mphtetk*«t«d P With non eedback signal best editing, mixing and recordhg studios. Brought Dr««m 9y*t«m for •vsryon** *HP processing, digital signals are alive by 5 svelte, yet powerful satellite speakers340 words
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Page 26 Advertisements
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Advertisement168 2001-12-07 26 Dior (1968) I Pucci (1969) I Jean Muir Gibbs (1972) I Frank Usher Hanae Mori (1974) I Yvm Saint Laurent Rive Gauche (1975) I Valentino I Boss (1979) I Seal! (1980) I I Sonie Rykiel (1984) I Karl Lagerfeld Ld Pfifla Crolla (1985) I Paul I -4 Galliano• Dolce Gabbana168 words
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Page 26 Miscellaneous
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Miscellaneous279 2001-12-07 26 CKTPTK? CROSSWORD ACROSS DOWN |2 13 I«*** |4 I IS I 16 I 17 I I 1 1 Volex, a ptoy by Osborne? 1 hi her UUU U 8 Return,' to drive beck lor e I revolution (5) _■—■—B W H W— notato? 3 Cause, we hear, of prison I279 words
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Page 27 Advertisements
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Advertisement300 2001-12-07 27 Do you speod yoor nights and weekends working? Have you forgotten what sunlight on H your face feels like? Did your good friend get B hospitalised last week and you did not know? If you answer 'yes' to any or all of these questions, chances are, H JSfey you are300 words
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Page 28 Advertisements
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Advertisement1017 2001-12-07 28 AN ADVERTISING FEATURE mm wm&k Thinking of converting mmhs m h hh hh o HOT H|| H H■HP I H tapes mm MM SH Hm HV H laser discs? Panasonic's H m H H new dvd HHHH VV VV H recorder the generation device for ■S mM creating quality digital1,017 words
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SHIPPING TIMES
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Article262 2001-12-07 29 Reuters THE Baltic Dry Index (BDI) was unchanged at 869, the Baltic Panamas Index (BPI)lost three points to 866, the Baltic Handymax Index (BHI) firmed 19 points to 6,850 and the Baltic Capesize Index (BCD was up two points to 979. TDIB<BABIQb ♦Eleftheria (built 2001) 76,134 dwt 14.5Reuters - 262 words
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Article238 2001-12-07 29 *t* It *h w CWT Distribution—0.52 undi 25 Oman Hup 0J8 0.01 4830 Cotco lnvait.nant_0.24 -0.0) 2045 FraMN Links 0.06 -0.01 490 GSHMdtagsZ 0.50 -0.01 IS IMCMaMngcHK 5.60 inch 0 JayaHoMhiqs at* inch 504 K>pp»l Corp 2.82 -0.03 3734 KappaiFlLS 154 undl 0 KappaiMwlna 022 mk 2258 Kappa*238 words
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Article, Illustration485 2001-12-07 29 Donald Urquhart - Two vessels a week will be calling at the newly corporatised port By Donald Urquhart {SINGAPORE] PSA Corporation has lost another container shipping line, this time to its home-grown Singapore rival, Jurong Port. Shipping Times has learned from well-placed sources thatFILE PHOTO - 485 words
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Article, Illustration521 2001-12-07 29 Reuters [SEOUL] New shipbuilding orders by Korea's Daewoo Shipbuilding will fall about 30 per cent in 2002 along with a global slowdown, but an offshore engineering boom will compensate for the decline. The world's secondranked shipyard expects to win new shipbuildingReuters; FILE PHOTO - 521 words
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350 2001-12-07 29 Panamas rates for US Golf to Japan at new 3-year lows Reuters [TOKYO] The failure of energy trader Enron Corp will likely dent sentiment in the Asian dry bulk cargo market, pushing panamax rates for the US Gulf to Japan to newReuters - 350 words
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240 2001-12-07 29 Beth Jinks - Freight rate drops would have to be restored: carriers By Beth Jinks [SINGAPORE] Virtually all the major shipping lines have warned of a potentially large rate rise next year after chief executive level meetings between members of the Transpacific Stabilisation Agreement (TSA)240 words
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SHIPPING news
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831 2001-12-07 30 Selva Kumar - to, Selva Kumar LAST month's decision by an Australian court to impose a fine on the country's maritime union for insisting on union labour to clean ships in Australian waters was a nugor victory for the country's competition watchdog. It was831 words
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Article, Illustration152 2001-12-07 30 [SINGAPORE] The first ofHapag-Lloyd's giant containerships, the Hamburg Express (right), recently called at the Port ofHamburg for her naming ceremony. At 320 metres long, 43 metres wide with a capacity of 100,000 tonnes, the 7,500 TEU (20-ft containers) vessel is one of152 words
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Article219 2001-12-07 30 PACC Ahrenfciei AppmMp S A»«rt 10 rtJnqtUs 6 BSA 6 BSC 9 BTl 10 BiUji 4 btMUttiO 9 CMACCM 3 COSCO 3 Central Ex 6 Chahaya w CMnaSKn S Confer 10 Cougar i CVT Giobefcnk i Detanas 4 DjakUoyd 6 Dongnama 3 EP Carriers 10 ECl 4219 words
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Article15196 2001-12-07 35 thebusinesstimes IIDAY, DECEMBER 7. 2001 EXPORT ETA ETA Advarttsar Vassal Voyaga Tetophone SiN Dast'nNun* Nam* s u mo*' To ABIDJAN (ABJ) 2003 Cot* D'lvoir* 14/12 03/01 MOL P40 NED SANTIAGO nUA 45-*****14 8/12 M/01 Datmas WIKING 207W 45-*****44 W12 25/01 China Shpg NORASIA HONGKONG 404W 65-*****91 17/K 23/0115,196 words
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SHIPS IN PORT
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Article770 2001-12-07 39 Vessel Voy No Berth Arrival Departure frMEksn P)M8 5T 06/12/001 06/12/23:59 N HIMMY OHtay J25 06/12/7:35 08/12/400 SwiUl iil M K JO 06/12/8:45 07/12/800 2n Spore 1 I6£k JO 06/12/8:15 06/12/2t00 Winstar 8 I26S01 J03 06/12/7:55 06/12/22*0 Sin IHII JM201 J07 06/12/9:05 07/12/17 OO Bt Fltnana ***** JOI770 words
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Article1802 2001-12-07 39 ■BgjWg or EXPOtT Fa COWTAMOS AMP La CAMP BooUm/Mmc# Rrtls SWp Voy Wo Etb/Btr Nrtod Frow To From ACNItVW 411 7/2300 OS/BOO 05/1459 MfpOO a os/noo omw mmm 2* 05/1T00 0V0459 04/0900 I 04/0700 0VT159 4_ ot/i2oo ovmss ot/mo *a utT om vbm os/bm os/«m mi 2* OVtTOO1,802 words
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Article765 2001-12-07 39 THIS report, compiled by Cocked Mr rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are baaed on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and765 words
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Article435 2001-12-07 39 Cartas «C Mai 983.3 0.6 U.7 0.09 62 0.03 Urn 29 taMitf Matar taHtaa I Silaial NoatawE25 0 0 0 0 0 0 380 Aw 987.7 0J VU 0.06 30 0.02 CdZ 380 Mai 990.8 0J 16.7 0.08 66 0.04 UAn %f/» %Ml rnt mMmi We435 words
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Article123 2001-12-07 39 Deocmbar 8 Argentina: Immaculate Conception Italy: Immaculate Conception DhmlV 10 Brunei: Hari Raya Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Malaysia: Hari Raya Puasa Dsoiaksr 23 Japan: Emperor's Birthday Ditatar 25 l/S Kingdom.: Christmas Day United States: Christmas Day Malaysia: Christmas Day Italy: Christmas Day Finland:123 words
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AIR & LAND transport
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Article, Illustration616 2001-12-07 40 Beth Jinks - Measure will help spread risk and guarantee capacity at stable prices By Beth Jinks [SINGAPORE] Lufthansa Cargo is pushing ahead with moves to forward sell capacity for between 12 and 18 months in an effort to "share the risk" of its616 words
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199 2001-12-07 40 Bloomberg [ATLANTA] Delta Air Lines, the third-largest US carrier, is cutting fares between New York, Boston and Washington for Saturday travel, offpeak travel and for children and seniors. The reduced fares include roundtrip travel on Saturdays in December between New York's LaGuardiaBloomberg - 199 words
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Article, Illustration404 2001-12-07 40 Re-rating will let airlines cash in on World Cup traffic AP [SEOUL] The US Federal Aviation Administration (FAA) upgraded South Korea's international aviation safety ratings yesterday, lifting restrictions on Korean carriers flying to the United States, the nation's transportation minister said. The lifting cameAP; AFP - 404 words
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LOG Book
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Article69 2001-12-07 40 AFX [TAIPEI] China Airlines (CAL) said its North America-bound flights will resume normal frequency from next Wednesday due to seasonal demand and a steady recovery of the travel market Weekly flights from Taipei to Los Angeles will be increased to 14 from 12, while flightsAFX - 69 words
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67 2001-12-07 40 Bloomberg [BASEL, Switzerland] Crossair AO, Europe's biggest regional carrier, said a lawsuit died by France's Air Lib seeking to collect payments due Is "unfounded". Crossair, which will take over two-thirds of Swissair's fleet next year, had no knowledge of the July agreement made byBloomberg - 67 words
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47 2001-12-07 40 Bloomberg [SYDNEY] Virgin Blue, Richard Branson's Australian discount carrier, said it will end services to Mt Isa, Western Queensland, next month because the route is not profitable. Virgin Blue started operating the service when Ansett Holdings Ltd collapsed in September.—BloombergBloomberg - 47 words
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Article74 2001-12-07 40 Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines NV said November passenger traffic foil 18 per cent as fewer people flew and Europe's No 4 airline reduced services after the Sept 11 attacks on the US. The Call matched October's decline. KLM said it cut passenger capacityBloomberg - 74 words
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238 2001-12-07 40 Improvement expected in passenger traffic Reuters [KUALA LUMPUR] Asian air cargo traffic could end 2001 flat or below last year's level due to the global economic slowdown, although passenger traffic will be more resilient. Freight traffic fell 7.2 per cent year-on-year in theReuters - 238 words
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Article, Illustration245 2001-12-07 40 Beth Jinks - Asia becoming an important market for French carrier By Beth Jinks [SINGAPORE] Air France has embarked on a cabin service training overhaul designed to better understand Asian flyers and compete with Asian airlines. The French carrier is teaching its crew cultural245 words
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Article1568 2001-12-07 40 an nam ro maw n> mmmm imm am mb» mo taster** urn mo kum tsoo but ae mm zus rnmmmtm mm mm MM N242M 2020 SOtW 845 SOm 2020 LMM 202S MZ24 2025 SOtffl 202S H242I5 2045 mm mm mmm mm $m mmmm m/smm m nww1,568 words
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Page 29 Advertisements
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Advertisement74 2001-12-07 29 hopxjtp toMwrtipfe AOMRMJY CASEBOOK 1 CAMBODIA SHIP REGISTRY 'WORLD'S Ist ONLINE VESSEL REGISTRATION' We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service, 365 days a year up-to-date maritime laws regulations Operational Headquarters c/o Cambodia Shipping Corporation Pte74 words
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Advertisement599 2001-12-07 30 I TO USA/CANADA I I EXPORT I I OTHEm DeSTtNATtONS I rasa Ivor [m I eta a I lows k*h I taius Iwgrow 1 warns I otaco liiw row |j TO AinmAl ia (AUtrniAl IA Ml* ■KllliW) 00Q NETttftUMO! 33E49 04/12 I JS/11 I 71/1? 15/11 21/12 24/12 21/12 21/12599 words
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Advertisement79 2001-12-07 30 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CPS: KEPPEL DISTRIPARK BLK 513 »01-128 SINGAPORE *****9 JARANPORTS Hww tow A AM China Mm ikvewy thub a mjm vimili VISStI VOY mm ETATYO ETA KOI ETAYOK ETA WGO ETAOSA MOtnUNITY YWI3S W/12 17/12 11/12 if/12 I79 words
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Advertisement605 2001-12-07 30 line* wview repfwenled by Members of ihe Regislry o* #M*nberjof#» bXrfpj) Accredited Shipping Agents, Singapore Logistics Singapore Shipping Association Association coniunbs/ COWYDIDOUAI. out GO <lkVv^w wit «uw6/awa>w«i/MMra i mmgkk VW ETAPKL ETA SIN ETA MALE hfc— L% Ml IVtt l*Tt EVU M« > H«1 fell tt«l Llll MARINE SERVICES SINGAPORE605 words
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Advertisement1249 2001-12-07 31 TO EUROPE FROM EUROPE 'vcsa jvoT sm nw ami ham mv sou i» llvcsa vwr no am ma mv sou in hTI HYUfMITOAL J3«W 10/12 27/12 29/12 01/01 ft/12 MMOMIMRY JOS 17/11 10/11 21/11 IS/11 01/12 Aft KS 104W 13/12 05/01 01/01 03/01 30/12 MOi AOWkMttGI OOS 20/11 22/11 24/111,249 words
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Advertisement1598 2001-12-07 31 It MM*) T/TslSiiTf I jtfr mum j t/t tis Mrs I T—CTI 1 TR "I I**1** SEjgflffi... Him IMB I TR:O7-353»14* HUL 07-*****70 COSTAR SNIPPING PTi LTD w[wai>(iAJ 4JMIM *****25/75 racrUAMG DHKUUI (HMMU aNO; *****W000M TIL 124 1900 (MAM) NNMMfI>/0) *****04 *****19/49 PfMAMG 04-*****99 04-*****99 T/SWPPgT *****25 *****14/44 KUANUN 09-*****901,598 words
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Advertisement211 2001-12-07 31 gj| ww sm jkt sm ■at SB VH |J mLi Ln LiiUi tm±wi Mfhmm ~f% Hjj —M —trn— mmtmm o« |i/ii |iyii| wi jg- ZpZ igup I osu lyii I iy»|iyit| taws «pi lyit ivii iyii rasa m i mc mo sm m ih ggjjg» I-1 -I I'vrc «/Wiy» |g/»211 words
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Advertisement1245 2001-12-07 32 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IVBSB WI 1 I SOUI UN HW ANT HO MV [VESSa VOT [SOU I IBt «W I ANT I HAO |MV M mm S47W «7/ii M/ 12 M/ 12 23/12 25/12 HYUWTY JOS 20/11 u/n 15/11 17/11 00/12 KTRDBUI JJ4W 10/12 01/01 26/12 17/12 M/1,245 words
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Advertisement827 2001-12-07 32 |kAfIMAC-NELS SPORE M'SIA Carrier RM CONTR LINES, INC p. quoamq: <ot) motx VZiXS V2J CWNO. IHHTIIUIB SSU: (064)*****9 MANMJL (032) *****24 PEHANG: (04) *****36 BANGKOK: (082) *****67 SURABAYA: (31) *****11 P KELAWQ: (03) *****77 JKT (21) *****46 KUCHWO (002) *****1-3 TOKYO/YOKOHAMA T KARACHI MV "TMM GUADALAJARA" V.N009 MV "GftJAN" V.OOB827 words
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Advertisement511 2001-12-07 32 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMO ft NHAVA BHEVA (CPS MUUMO. MUNHN) ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICO POMTS wmnmn iirmir Tiiamir [iM«a wi MNS 1775 10 IK II IK 71 IK mm »CBJK vwfiio no HUUMUmn OOM 17 IK »DK 71 IK MDMtI HKCONFOfI NBSiunniM m511 words
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Advertisement1517 2001-12-07 33 IRISL your GLOBAL PARTNER AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT M INDONESIA SINOSE MARITIME PTE LTD CR N**********00H BOUSTEAO SHIPPING AGENCCS SON BHD PT SINOSE CONTI PERSADA TEL: *****44 FAX: *****81 KL TEL: 03-*****300 FAX: 03-*****682 TEL: 62 21-*****33 ■WSL REP: DIRECT TEL: *****38 PEN TEL: 04-*****15 FAX: 04-*****071,517 words
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Advertisement580 2001-12-07 33 d k UK CONTINENT SERVICE Loadng for OCEAN HOST RDM/ATW/BMNAJK/LPL PISCES EXPLORER RDM/ATW/BMN/UK/LPL EMERALD RDM/ATW/BMNAJK/LPL Loads Singapore, E7W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for MADRE DBI/ABU/DOH/BRN/DMM/KWT OKTEM AKSOY AQA/JDH/TRP LION GLORY DBI/ABU/DOH/BRN/DMM/KWT FAVORITA J DH/AQA/DMT/TRP/T AR ALIKRATOR JDH/AQA THEBES HDD/JDH/AQA 'Loads Sngapore. E7W Malaysia. Indonesia USA SERVICE Loadngfor CALYPSO N580 words
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Advertisement1114 2001-12-07 33 mmeum/ amm/ mum/ aniao wssa VOT m MG luu I IC6 Ino rasa vot lan ■I w? Ilqi I amwitanßS no? 4 17/1? n/i? ?vi? ?»/i? 31/1? moHUM rm 11/12 11/1? W2~| iHiiffll mi ?4/i? 21/12 oi/iii 04/ pi 07/01 mimim*- in? is/12 will iamahum no?s ii/i? ovoi m/Di 11/011,114 words
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Advertisement1261 2001-12-07 34 ■UtOM/UK/SCANWWyiA EXPORT VggL/W»g |SGP I RCM IM6 'WV j Wr'Tg IIHV juwiHioiwew 01/12 vm ?vi? Wg aaowowwn ivi? tvi? ?yi? 31/1? owi (Ofli JUWOWOISfIDW IVI? ItVDI 05/01 Ml z aBOBBfOWMW 17/1? OH)! OSrtl P/OI W/OI |I(HH EAST AND WIST MfDfTHULANIAN/MACK SIA EXPOtT vGsa/voTAGi sip |m om Iros Ikm |vu nts1,261 words
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Advertisement932 2001-12-07 34 vOtw WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE' Ivksh. vot iia>f height isw lbc map ma sav mi otf ntc nw wot TOURCOMG AMI 24 400 Tom 63* 11/12 19/01 22/01 24/01 20/01 27/01 21/01 02/02 04/02 TAHOU AH2OI 400Tmi 6.3* 20/12 03/02 00/02 01/02 10/02932 words
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Advertisement552 2001-12-07 34 BSA M MYANMA FIVE STAR LINE (My«M«r Nstiosol Um) LNAS| (k Y OSfM VBSa VOY SM PEI PfM fGU MfAAJt 2IIW SU ■ONU 4IW ll* ■AUTSU AGOTTV OOUSIUD SMPfMG AGBKXS KUL m 03-*****)00 HL IB 03-*****101 Wt m 04-*****07 fGU: TH 07-*****71/4 v—o BANK LINE (A sarvka *1 Aadraw Wair552 words
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Advertisement255 2001-12-07 37 r~| SASIA EXPRESS LINES I 1 SIN6APOHE AGENT: JARMNIUNER SUPPORT SIRVKIS Vtssa VOY SMGAPOCE PASIR PORT RHMG PfMAMG RMNMIS *WS 12/ pl 14/12/2»1 SURRWKHBff" SUR RWgR»T~ SURWPUgRwT 10/01/2002 DIUCT LINK TO AAUZOMAS/ MAMAUS, M. BKAZII T9AMSIT TIME 32 DAYS (DIUCT CALL) tooamaamKH sannci boou* hots m wot mmayva MLTJJUM scffffSß-a636Q999255 words
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Advertisement140 2001-12-07 37 Vtssa WT EttPGU Off Wf EUSK Off KUAU SUM ***** 01.12.01 WU 1Z» ***** HI quia suit isis 07.1101 n mm *****1 w PMaswn 1 TPS onioi sun ina mm mr bwaswi inas 10.1 m mor mm mm we chiasmi tag mm ia 100 111 m mj mumt ins mm140 words
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Advertisement283 2001-12-07 37 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA vtssa nm mi n rw si m m rhmon dm a n a Til I IVOYOI} 17/12 20/12 23/12 24/12 03/01 01/01 10/01 11/01 13/01 msp man mmm m mm tm warn mmttmm: OC SMPPW6 AOBKKS Ffl UD. tmnm «ro»/s» 'AsMmBK w* ffuw/i Hi:283 words
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Advertisement221 2001-12-07 37 mc he smmic coram I UUniDIIIIM hnUNUI/UMtM a mainline I vtssa vot sMtu sum kstiuikm UmS»37 11/01 07/17 07/12 ttrt/fepa UmSa27 11/01 07/17 07/17 S^/iTm^ Um Sib 77 06/01 10/17 17/17 SM*M/U Twtm SwCaad 16/01 11/17 17/17 lii,¥ii i y tao.Sn> 10 07/01 11/17 17/17 kmmtm/tot/Sam* UmSciS 10/01 17/17 17/17221 words
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Advertisement512 2001-12-07 38 |«m fflhnuft! IIHII H»H IWaNHS 9330 07-01/12 14-23/12 27 20/12 TNatHYTHM 21VD1 1212/12 mOKOttKMe MY IBM 22V0I 14-14/12 mOKOttK)N6 ORY IWaWMX 9300 17 10/12 24-20/12 01-02/01 T«arwt ns« n?vi? w-ot/ai ___frj7/oi Ivissa VOY SM CAL SOI COHFlOOa 41* lown *****12 27W iwaasK ROOO 10-11/12 1719/12 2721/12 ncaaiff mo is-14/12 2224/12512 words
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Advertisement710 2001-12-07 38 IVBJHMM VOT SMOAfOM POOT KBANG OCTUGOMC RCMGU no eu in m no OOIH (COOP *****1 SAX M/12 09/12 09/12 13/12 19/12 MUM 09MI0 SAX M/12 10/12 11/12 16/12 21/12 1 acroM 02Q110 m 10/11 10/12 17/12 "***** ***** mTH —STif ocomin *****2 m u/12 u/12 10/12 20/12 isTfi laCHOOOM 07Q030710 words
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Advertisement943 2001-12-07 38 I lib IPDZ LINES I #1/ I" Q6J0RB SBVKZ: TIL 02-221-5596 ML 02-*****90 I I |«R6AW«E:TOt JOOSHRHROmtlO MMInliiiTf i| I GMUAT ***** 10/12 SW ***** 10/12 «KM 2113* 10/12 GKMI 2113* 10/12 004 W13 GKWH ***** 13/12 6U00 ***** 15/12 OHBK 2I21S 19/12 GUAM 2IN 21/12 OTHWMia 095 17/12 GMUAT943 words
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Advertisement26 2001-12-07 39 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call CJLT.S. at 1800-737-1166. Another Classified !<• AT Service26 words
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Page 39 Miscellaneous
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Miscellaneous126 2001-12-07 39 IIf^EGK ITOR 7 AM 7 DEO 2001 LEOEND: It* Meteorological servico's^gtpore K Thunder storm Rain Temperature Cp/' wi nt j direction and speed in knoti Cloudy Day W th U "wndspUd symbols Sea Conations O Full drclo w/o line indicates calm or light and variable winds < j—-One half fleche126 words
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