The Business Times, 3 November 2000

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Total Pages: 56
1 56 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial .com.sg/ FRIDAY. NOVEMBER 3, 2000
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  • 66 1 □m 1044L43 (+0.42) wmvrsai U 5&27 (+3.81) ilsrxnißZ fimjiis U*flttM(+loo) naranmnfli mm 397.70 (-0.20) STOCK HHHT HUSOES 1 Cfcflijjte SLSE(XHB>_ 74*41 NIKKEI 2W 14M7.78 4411 HANG SENG Ifctti* *7.4? SET INDEX MM; *M JAKARTA COMP—497JC LM MANILA COy dWf* TAIPEI WP!_ SEOUL COUP mil -+M4 CLSA CHINA B
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  • 70 1 F0BEXIATB3 us» s> US$ 1.748 £(VS$/SSper£) 1.447 1B1 EURO(US$/S$/E} 0X8 1.411 DM 12W 1109 YEN 1063 fell RM 1800 2.181 HKS 7.717 4.47S BAHT 43J2 2417 RUFIAH 1,110 6*1 PUKE BATES SINGAPORE* 5J0 KUALA LUMPUR JAKARTA 3SM BANGKOK .9.50 MAMA ILtt HONGKONG 8.50 TAIPEI 7.84 SYDNEY AM TOKYO SJ»
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  • 475 1  -  But eomnranicatiens demand will cushion next downswing US industry association From Jennifer Lien in Silicon Valley THE latest upcycle for the semiconductor industry will peak this year, but the next downswing will be a "soft landing", according to the latest forecast by the Semiconductor
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  • 435 1  -  —isvuimuu More will bring savings, pave way for new technology Bu Siow Li Sen [SINGAPORE] Four lecal banks—Keppel Tat Lee Bank, OCBC Bank, Overseas Union Bank and United Overseas Bank will consolidate their network of automated teller machines. Consolidation will bring significant savings
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  • 766 1  -  By Genevieve Cua [SINGAPORE] Most CPF-approved funds remained mired in red in the three months to September 30 —their second straight quarter of poor returns —reflecting the troubled equities markets. Even those who took shelter in bond funds were not spared.
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  • Page 1 Advertisements
    • 215 1 DfSIDE Top Stories Resignations at Institute of Estate Agents foi- nVVH lowing the fracas over housing HiiH agents fees. Next Page 3Fusion the latest victim of backlash against B2C companies. Mmxi Pago Brokerages catch eye of punters. Pg 7 No winking and nodding under new SEC rule. Pg 22 MP
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    • 29 1 W3l^J§>S I f*' 'M tft Lights of runway closed for repairs were lit Was weather sate for take-off? SIA liable for over USsl3om in claims: analysts Reports, Pcj -J
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  • NEXT page
    • 667 2  -  Electronics contract manufacturers that missed NEL seek fresh target By David Boey [SINGAPORE] Foreign electronics contract manufacturers which failed to clinch a stake in Nat Steel Electronics Ltd (NEL) are on the prowl for other takeover targets, said market watchers who got wind of the Solectron-NEL
      667 words
    • ON THE grapevine
      • 118 2 SEVERAL Nat Steel Electronics shareholders rang the BT newsroom yesterday to say they were watching US dollar movements with keen interest. The reason is obvious: any marked increase in the greenback's value relative to the Singapore dollar will give them more spare change from holding
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      • 145 2 IN case you're starting to feel a trifle insecure about striking out on your own and foregoing all those cozy corporate perks and big CPF infusions, here's some encouragement from research commissioned by Aquent, which has matched up a considerable number of independent professionals
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    • 494 2  -  Departures after disagreement over housing agents' fees By Andrea Tan {SINGAPORE] Hersing Corporation chairman Harry Chua and two senior executives of ERA Real Estate have quit the Institute of Estate Agents (lEA) following the fracas over housing agents fees. ;,T--ERA'S president Jack Chua who
      FILE PHOTO  -  494 words
    • 651 2  -  CyberWorks polls ping staff in S'pore, S Valley laid off Front Jennifer Lien in Silicon Valley A SILICON Valley business-to-consumer infrastructure startup founded by a Singaporean investor and backed by Pacific Century CyberWorks has become the latest victim of a backlash against B2C
      FILE PHOTO  -  651 words
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  • Page 3 Advertisements
    • 160 3 Turning heads "V k aIUhIV JS. 9 y "^jy^y^ffiS'S*"^^f^T/Tri JKm *3 r < grace, and\o reveal its sparkling evening beauty. It is a magical moment that others love to share. The Reverso has always turned heads, and never more beautitully than now. JL *Jaeger-leCoultrp» Sole Distributor: Authorised Retailers: V. CHEW
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  • SIA crash
    • 785 4  -  Taiwanese investigator says he couldn't tell yet which runway SIA plane was on From Macabe Keliher in Taipei INVESTIGATIONS by Taiwan authorities have revealed that the centre lights of a runway closed for repairs were illuminated at the time the Singapore Airlines jet crashed
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    • 311 4  -  Bit David Boey THE Singapore Airlines jet that crashed on Tuesday was one of the airlines' best jets in its fleet of Boeing 8747-400s. She was dubbed the "Rainbow" by SIA staff because of her multi-coloured paint job, done by SIA ground
      AP, REUTERS  -  311 words
    • 526 4  -  Nine aircraft took off or landed, bat Cathay and EVA cancelled their flights By* Andrey Tan, Marissa Chew THE debate continued yesterday over whether the ill-fated Singapore Airlines flight SQ 006 should have taken off in bad weather, with at least two airlines saying they
      526 words
    • 322 4  -  By George Joseph THE tragic Singapore Airlines crash has put the airline's public affairs chief, Rick Clements, in the front line and under the glare of live television coverage. Since the accident late Tuesday night, Mr Clements has appeared more than 10
      SHINMIN  -  322 words
    • 531 4  -  Airline iodines comment on liabilities, saying insensitive to do so now By\ Marissa Chew SINGAPORE Airlines could be liable for over US$l3O million (***** million) in personal claims and property rtmngrm The figure wa%given by industry •nalferts who spoke to Reuters.
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    • 86 5 BEYOND THE STYLE, THE EMOTION U tiMOr ■MHHHMNB t r f -*f If Ihhlhk 1 ffffftm PROTOCOLE XL f 18 K WHITE GOLD, MKBKHKRHNBNHQ s PIAGET'S OWN :7;™;:',:automatic movement GENEVE 1874 PiA G E T Boutique: #01-11 Ng c c Ann City low e r 33' o*e Roa o Sin
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  • SINGAPORE markets
    • 508 6  -  MipaMMppaapn STOCKS r.sivanity AFTER Wednesday's superlative session, it probably did not come as much of a surprise that yesterday's outing was tame in comparison. The heavy tech theme was still evident and some counters enjoyed considerable speculative attention. But by and large, profit-taking was
      508 words
    • 269 6 Stocks Volume PaaficCentury 10c 93,258,000 Omni bid 10c 27,370.000 NatSteel 50c 23,717,000 PCI 25c 18,713,000 Nat Bee 10c 18,122,000 GufTechW*****7 17,948,000 Vickers Capital 25c 16,474,000 ST Assembly 25c 14,536,000 IPC020c 11,310,000 Chart Semiconductor 26c 10,727,000 Stocks Nat Bee 10c 135,657,800 PacificCentuiylQc 129,436,620 Omni Ind 10c 96,001,138 Chart Semiconductor 26c 94,307,043
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    • 194 6  -  WARRANT WATCH By R Sivanithy THE nil-paid rights to the warrants to be issued by printed circuit board maker Multi-Chem will trade from today onwards, so a rim through the numbers would not amiss. When listed in a few weeks'
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    • 227 6  -  HOT STOCK By Ven Sreenivasan THE stock of infrastructure company Ipco International has continued to attract speculative interest despite the scuttled takeover plans by Ruby Millenium. More than 11 million shares changed hands yesterday at between 59.5 cents and 55.5 cents, before it closed unchanged
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    • 32 6 w Hi ♦EUYan Sang International 7 Temasek Boulevard, The Penthouse #44-01 Suntec ♦OAKWEtL Engineering has Cheng Siewjf company secretary in place of LekinaLimSiewLLMsLim nu resigned Dotn as company group financial
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    • 323 6  -  JCU&illiiiiiliii CURRENCIES larry wee THE US dollar corrected selectively lower overnight as further evidence of slowing saw more moderate switching into alternatives. But its most important supports remain intact. Major beneficiaries included traditional alternatives like the sterling pound and Australian dollar, while
      323 words
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    • 527 6 \tfi/ c v A Value Focused Management System NU That Encourages And Rewards Value Creation ttttJ «Conducted By Mr C. W. Watson, President CEO Strategic Innovation Consulting Pte Ltd suvicza' We cordially invite you to join us for an enriching two days EVA Workshop Advancing into the new millennium, Economic
      527 words
    • 5 6 Grow Your CPF With eiBht
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  • SINGAPORE companies
    • 532 7  -  By Christopher Tan TRAIN operator SMRT Corp has turned in a modest set of interim results, its first since being listed in July. For the six months ended Sep 30, the company posted after-tax earnings of $63.8 million, up 18.2 per
      CHRIS LOH  -  532 words
    • 583 7  -  Their share prices fly on talk of mergers, NEL windfall and SGZ share swap Bv y Ven Sreenivasan LISTED brokerages on the Singapore stock market soared yesterday amid a slew of rumours, prompting the Singapore Exchange to query the broking firms. The stocks of
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    • 503 10  -  Move comes after Ipco chairman Purwadi calls off sale of his 5% interest to Ruby By Ven Sreenivasan INVESTMENT company Ruby Millenium (RML) has confirmed it is giving up its option to buy an extra 548 million shares at 40
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    • 588 10  -  E-service architect in tie-up talks with major overseas industry players RTia-miumj By Johnny Yeo MAJOR overseas players are in tie-up talks with homegrown e-service architect ei-Nets.com In what observers see as a prelude to its main board listing, perhaps this year. The owners
      FILE PHOTO  -  588 words
    • 863 10  -  ihqck i p.tj mui r sivanithy ON Nov 4,1996 when the formation of the Singapore Exchange was first announced, it was also disclosed that the new exchange would be listed within five years. Exactly two years later, everything seems to be nearing
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    • 257 7 ~wrw^~ r Mm J mi mi Mi iy m *< j > VH 888 I Introducing with SCV Max Online. /jl I*? I SHI .I, liii'ilß^ —«r ak BB|HB|^Hl^^WHMraHw|wni^iii^ <^^ys? ,L\£, •*.ti £';ti> y5 i, i^r^ y 'u-v> JIL IB I H HA V fl H i hb H IK
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  • UNIT trusts
    • Article, Illustration
      3131 8 Most CPF-approved funds showed negative returns for the third quarter of 2000, as equities markets remained troubled. On these two pages, we present the full performance rankings of CPF-approved unit trusts and investment-linked insurance products (ILPs), as assessed by William M Mercer. The only funds to achieve
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    • 415 9 Icarpetauctiml B INVESTMEN^PPORnJNIT^^^^^^^^^^J I B I SSass New Englandaea I I AU$3B5, OOO'pnce I I Already subdivided into 8 parcels. A tremendous opportunity for a few I friends to get together and purchase freehold land in the big blue sky I I Australian country at only $56 per acre! I
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  • SINGAPORE news
    • 472 11  - Hai Sun Hup chief buys prime bungalow site for 15.5m BTiamiUWJ PROPERTY FOCUS Price for 30,017 sq ft freehold land within market expectations: consultants By Kalpana Rashiwala HAI Sun Hup chairman C K Ow has bought a 30,017 sq ft freehold bungalow site along Chatsworth Road from EuroAsia Realty chairman
      ARTHUR LEE  -  472 words
    • 325 11  -  By Andrea Tan THIS weekend will see the launch of Trevose 12 bungalows and Hillview Residence condominium, and next Friday, another condo will follow. Trevose 12, which is developed by Kheng Leong Company, a privatelyheld outfit of United Overseas Bank chairman Wee
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    • 558 11  -  Kostas Panagiotou Singapore, via Internet I REFER to the article "Orthodox monetary policies won't save Asia" by Anthony Rowley (BT, Oct 27). Mr Rowley writes that what Japan and the rest of Asia currently need is "a massive increase in money supply that
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    • 415 11  -  MAILTT!Ty Lee Wai Leong Singapore, via Internet I REFER to the article "ERA may quit agents' body, after threat of censure" by Andrea Tan (BT, Nov 2). Amazing. Edmund Baker, head of the Institute of Estate Agents (lEA), is reported to
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    • 293 11  -  Jack Chua President ERA Realty Network Pte Ltd Singapore, via Internet WE refer to the letter "ERA'S fee cut hurts itself and industry" by Chia Swee Boon (Mailbag, Nov 1). ERA has always prided itself on the high level of professional standard and value-added services
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    • 256 11  -  BTMIJJHUWJ By Kalpana Rashiwala METRO has agreed to renew the lease for its 85,000 sq ft department store at Marina Square for another two to three years, sources have told BT. And by the time the renewed lease runs out,
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    • 282 11  -  ftra 111 llffl iiiiimll l»T ihlypil toman 12% to 877b ma tonei By George Joseph THE Port of Singapore remained the busiest port in the world last year In terms of shipping tonnage, registering a 2.2 per cent riae to 877 million groat tsnnes.
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    • 321 11  -  By Eugene Low AMERICAN Express Bank's chief economist and strategist believes there is a good chance of a soft landing for the US economy despite recent pessimism caused by high oil prices and the techstock correction. And he says this bodes
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    • 348 11  -  By Anna Teo SINGAPORE'S wholesale prices could rise quite steeply next year if oil prices exceed this year's average of about US$3O per barrel, according to DBS Bank's estimates. But the impact on domestic consumer prices will take a bit longer to filter
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    • 66 11 We welcome letters. E-mail us at btletter@ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind
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  • EDITORIAL & opinion
    • 742 12  -  msssMm OPINION harish mehta The writer is BT's Bangkok correspondent WHO'S going to win the Thai general election? Telecom tycoon Thaksin Shinawatra or incumbent Prime Minister Chuan Leekpai? They could not be more different Mr Thaksin, the richest man in Thailand, wants to
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    • 131 12 The euro's fan club is growing by the day. It'll be Kim Jong II next' -Michael Lewis senior economist at Deutsche Bank in London, after Saddam Hussein demanded to be paid for Iraq's oil in euros, as part of his long-running campaign to undermine the global hegemony
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    • 558 12 EDITORIAL Broadband Internet 3G (third-generation) mobile wireless networks and services. Life sciences. All cutting-edge technologies that look set to take the world by storm. They are also the technologies that Singapore's planners are betting on to drive the country's next stage of growth. There's just one
      558 words
    • 1099 12  -  Even a modest increase would restore some of the confidence HE consumers have been missing, economists say By David Saunders Bloomberg KANNY Wang thought it would be hard to do worse than her last pay review, when she got no
      Bloomberg; REUTERS  -  1,099 words
    • 826 12  -  COMMENTARY How times change. Once vilified, the N Korean dictator is now being glorified By Philip J Cunningham The writer teaches at Chulalongkorn University in Bangkok LAT THE US State Department long regarded North Korean leader Kim Jong D as a terrorist and dictator,
      LAT  -  826 words

  • MALAYSIA news
    • 399 13  -  Despite official denial, analysts say shake-up is inevitable From Eddie Toh in Kuala Lumpur THE share price of Malaysia Airlines (MAS) surged yesterday despite official denial that the government will appoint a foreigner for the first time as chief executive of the
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    • 48 13 [KUALA LUMPUR] Students walking pass Malaysia's human rights logo unveiled by commission chairman Musa bin Hitam at the National Art Gallery in Kuala Lumpur yesterday. The Malaysian Human Rights Commission was formed with the passage of an act in parliament on Sept 9,1999. AP
      AP  -  48 words
    • 278 13 KUALA LUMPUR RM2b project to include customs complex, rail line AFP MALAYSIA yesterday gave further details of a proposed futuristic bridge to replace the Causeway linking it to Singapore. The bridge and associated developments, costing a total of RM2 billion (*****.8 million),
      AFP  -  278 words
    • 129 13 TOKYO AFP JAPAN yesterday announced a 39.7 billion yen (SI6IO million) loan to Malaysia to help finance a railway project in the country. "The Japan Bank for International Cooperation (JBIC) will sign a loan agreement totalling some 89.7 billion yen with
      AFP  -  129 words
    • 234 13 KUALA LUMPUR Bloomberg SOUTH East Asia Insurance Bhd said yesterday, it expects the Malaysian government's new capital rules to kick-start its stalled merger plan with five smaller insurers. Bank Negara, Malaysia's central bank, on Wednesday ordered the country's 53 insurers to double
      Bloomberg  -  234 words
    • 249 13 KUALA LUMPUR Bernama IKEA, the world's largest home furnishing retailer, is investing RM3OO million (*****.5 million) to build the biggest Ikea store in Asia at Mutiara Damansara near here that would be two-and-a-half times bigger than its existing store at the One Utama
      Bernama  -  249 words
    • MARKET moves
      • 56 13 PERUSAHAAN Otomobil Nasional Bhd (Proton), South-east Asia's largest publicly traded carmaker, rose 14 sen, or 3.3 per cent, to RM4.36 yesterday after the Financial Times reported that the Malaysian company may sell shares in its 80 per cent unit Lotus Cars Ltd,
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      • 65 13 Compiled from Bloomberg TENGGARA Oil Bhd rose one sen to RM1.93 yesterday. Canada's Tracer Petroleum Corp failed to comply with the terms of a cooperation agreement by ending the agreement on Oct 30 without giving a minimum of three months notice. Tracer also failed to comply
        Compiled from Bloomberg  -  65 words
  • Page 13 Advertisements
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  • SOUTH east asia
    • 587 14 JAKARTA Programme aimed at boosting bank capital adequacy ratios to 4% Reuters INDONESIA has completed one of the world's largest bank recapitalisation programmes, costing the cash-strapped country the equivalent of US$7l billion (*****.2 billion). Completion of the project, via a swathe of bond issues
      Reuters; ADAM LEE/ST  -  587 words
    • 291 14 JAKARTA Reuters INDONESIAN Finance Minister Prijadi Praptosuhardjo yesterday defended the sacking of the head of the powerful bank restructuring agency (Ibra), indicating he had too much work to shoulder. Mr Prijadi told reporters at a debt conference that the former head of
      Reuters  -  291 words
    • 333 14 Dealers have te provide more details on tnuisactions BANGKOK Reuters A NEW requirement by the Bank of Thailand (BOT) for offshore baht dealers to provide more information on transactions has sharply reduced dealing on the Thai currency, dealers said yesterday. The Thai central
      Reuters  -  333 words
    • 733 15  -  Trade secretary, 4 businessmen from economic council quit, signalling loss of confidence From Al Labita in Manila PHILIPPINE Trade Secretary Manuel Roxas and four top business leaders who are senior economic advisers to the government resigned yesterday, adding new pressure to calls for President Joseph Estrada
      AFP, FILE PHOTO  -  733 words
    • 215 15 JAKARTA AP INDONESIAN President Abdurrahman Wahid yesterday formally refused to pardon the youngest son of ex-dictator Suharto, paving the way for him to start an 18-month prison sentence for corruption. The decision not to grant clemency to Hutomo "Tommy"
      AP  -  215 words
    • 182 15 JAKARTA Reuters INDONESIAN automotive giant PT Astra International yesterday posted a JanuarySeptember net loss of 272.76 billion rupiah (5151.8 million) mainly due to foreign exchange losses which analysts said were expected. But total revenue Jumped 104 per cent to 20.2 trillion rupiah
      Reuters  -  182 words
  • Page 14 Advertisements
    • 380 14 Ihbiiiiii Europe is entering an exciting new era of change and offers Henderson Horizon European Fund O attractive potential to investors. (Luxembourg fund) I-. Ranked No lin its category over 1, 3 and 5 years.* The development of the single currency; the removal of trade tariffs; the increase in merger
      380 words

  • Page 15 Advertisements
    • 11 15 bamm 15^555^^5E**********51 1 Uanhe Zaobao Million-dollar invisTmentmaM |^W777e^ sisjiw I|l| I
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    • 57 15 Lorraine is a familiar face on television and a veteran Asian business new^jjiurnalist. She formerly anchored BIZASIA and CNN International's weekniglSinancial newscast. Lorraine was also involved in CNBC's coverage of the histoimandover s ff v>% < y w ''V,'?."y **>j 1 *T t/* 3 www.2bsure.com australia china hong kong indonesia
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  • EAST asia
    • 154 16 BEIJING Reuters CHINA has approved the establishment of four new domestic life insurance firms as the industry prepares for more competition after the country joins the World Trade Organization, the official Financial News reported yesterday. The China Insurance Regulatory Commission would require the
      Reuters  -  154 words
    • 579 16 FINANCIAL INDUSTRY REFORMS TAIPEI New law aims at forcing 52 local ti merge into stronger groups Bloomberg, Reuters TAIWAN will let foreign banks take over local lenders in the biggest ever opening up of the island's financial industry, under a new law aimed at
      Bloomberg,; Reuters  -  579 words
    • 205 16 BEIJING Reuters CHINA'S cabinet has approved rules on asset management companies as Beijing tries to clean up bad debts of state banks, the People's Daily said yesterday. The State Council approved in principle on Wednesday draft rules on financial asset management companies, which were
      Reuters; REUTERS  -  205 words
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  • e-NEWS
    • 368 17 Austrian, Dutch regulators warn of possible role infringements FT [LONDON] Suspicions that there may have been Europe-an-wide collusion during third generation mobile phone auctions intensified on Wednesday as Austrian and Dutch regulators warned of possible rule infringements. The moves put further pressure on the
      FT  -  368 words
    • 287 17  -  SINGAPORE Bi Marissa Chew STAFF at Motorola's Singapore Design Centre are reeling from the loss of four local colleagues in the Singapore Airlines jet tragedy, but determined to carry on as normal. Tony Trandai, engineering manager at the centre, said yesterday: "This is a
      287 words
    • 162 17 AP new, electronic pncssiittwitrai that s could greatly reduce bank costs in handling up the processing of the estimated 68 mil- lion cheques that Americans write every *»r. William H Hosflins, oX6cutiv6 vios-Dro9* uwii at uiHiti.muwwuiwugy mi biu »j»itm will crf«£* digital images
      AP  -  162 words
    • 482 18 ATLANTA NYT WORLDCOM on Wednesday announced plans to effectively split itself in half, creating two tracking stocks and dividing the company's operations. Coming one week after a four-way split by AT&T, the changes call for resurrecting MCI as the flagship brand for
      NYT  -  482 words
    • 806 18 Figure seen in'high teens'for'ol; new products, faster processors will help it tap new markets Reuters [SAN FRANCISCO] Craig Barrett, Intel Corp's president and chief executive on Wednesday forecast 2001 sales growth in the "high teens" and a slew of faster processors and new products
      Reuters  -  806 words
    • 498 18 I BOSTON Prize oflered to person who solves complex maths problem; game'ife* pototlsliwißcnicMßgcodM f| AP A SIMPLE game thafs included on millions of personal computers could hold the key to cracking complex Internet security codes. While some people may pass
      AP  -  498 words
    • 486 18 LOS ANGELES They say timing of invitation to join deal with Napster too sodden, wonder abont success of membership-based service idea Reuters ENTERTAINMENT conglomerate Bertelsmann AG's unexpected deal with song-swap company Napster Inc has put rivals of its BMG record company on the spot should they
      Reuters  -  486 words
    • 312 18 SAN FRANCISCO NYT SCOUR, an Internet startup company that was sued by media companies for letting users exchange copyrighted music and video files, has agreed to sell its assets to an online company with financial backing from the five major record labels. The
      NYT  -  312 words
  • Page 17 Advertisements
    • 47 17 To build the world's first PDA WAP microbrowser, I had to first take care of the microprocessor in my head. Dincsh Bhritiri Cf oof (\\H'M< 111 x BRANDS i < .i 'i 1 < > < f i l l l A 7 A lor Mind. f«»r Fioch. I »»r
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  • Page 19 Advertisements
    • 27 19 OMEGA (gortina S Wtme exclusively available at Cortina Paragon 3rd 12 th Nov 2000 Q Cortina Watch Centre OMEGA 290 Orchard Road #01-13 Paragon Tel: *****84 www.omegawatches.com
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  • EAST asia
    • 224 20 BEIJING Unemptoynent snowballs u firsu scramble to turn a profit AP NEARLY three million urban Chinese lost their jobs during the first nine months of this year, most cut by debt-ridden state companies scrambling to turn a profit, a report said yesterday. Urban
      AP  -  224 words
    • 464 20 SHANGHAI Action to improve market quality, transparency ahead of WTO entry Reuters CHINA might be moving on a plan to strip insolvent firms of their listings to improve stock market transparency and quality ahead of World Trade Organization entry, analysts said yesterday. They
      Reuters; AP  -  464 words
    • 288 20 HONGKONG It wanti to offer new products to China cable TV operators. Reuters CHINA-BACKED computer maker Legend Holdings Ltd sakl yesterday it was in talks with telecoms and Internet firm Pacific Century CyberWorks Ltd to expand proposed cooperation between the two to
      Reuters  -  288 words
    • 153 20 SHANGHAI Bloomberg CHINA could open its first gold exchange in the coastal financial centre of Shanghai by the end of the year as efforts to speed the reform of the domestic gold market gather pace, an official said. The Huatong Nonferrous
      Bloomberg  -  153 words
    • 227 20 BEIJING AFP CHINA'S economy is set to grow 8.3 per cent this year and will record even higher growth in 2001, a leading state-run economic think tank said yesterday. "This year's GDP (gross domestic product) incrfease will be 8.3 per cent," said
      AFP  -  227 words
  • Page 20 Advertisements
    • 399 20 In proj ecteyeball today.... witti gokton km. W$H tii JWM^ 9&fpQ KXM wicww. pwb^^fW^W^Hß^^l^'^--' °t?2 \t^ s m KMW > 4 rt.rorkseemovwwtmywerymippi H f H -.^H the Oetcffr.M|jft ppj^^ •ove. wnen me ujoit vseeic moif» jjpfl I kfTfnpTiß J®; 5 S IrnTTTTB TTjTilBCi ITilyLi if ij [Ti!r^^H for d iOOK
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  • SOUTH asia
    • 223 21 NEW DELHI Move will help firms like Zee boost subscription sales Bloomberg INDIA has allowed television companies to bypass cable operators and beam programmes directly to homes, helping companies such as Zee Telefilms Ltd boost subscription sales, said Information Technology Minister Pramod Mahajan yesterday.
      Bloomberg; FILE PHOTO  -  223 words
    • 218 21 COLOMBO Bloomberg THE leader of the Tamil Tigers separatist movement in Sri Lanka, Velupillai Prabhakaran, held talks with Norway's peace envoy, in a rare meeting with outside intermediaries, news reports said. The Liberation Tigers of Tamil Eelam said in a statement the meeting with
      Bloomberg  -  218 words
    • 444 21 NEW DELHI Govt to review ban on foreign investment: minister AP IN an age when the Internet and satellite television bypass international borders, the government is reviewing a 45-year-old ban on foreign investment in newspapers that was meant to protect the Indian press from
      AP; FILE PHOTO  -  444 words
  • Page 21 Advertisements
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  • WORLD news
    • 415 22 NEW YORK Agency to police regulation against selective disclosure strictly: official Bloomberg THE Securities and Exchange Commission's enforcement chief said the agency would police its new selective disclosure rule by pursuing cases against companies that use code to communicate earnings news to
      Bloomberg  -  415 words
    • 410 22 WASHINGTON Bloomberg THE American Stock Exchange needs to do a better job of applying its listing standards, as about a third of the companies listed for the first time this year did not meet the exchange's own financial criteria, said Securities and Exchange
      Bloomberg  -  410 words
    • 66 22 [LONDON] English ballet star Darcey Bussell standing next to a tutu, which was worn by Dame Margot Fonteyn in the 1963 production qf 'Swan Lake' with Rudolph Nureyev, at the Christies auction house here yesterday. The tutu is one of many possessions of Dame Margot
      AFP  -  66 words
    • 446 22 WASHINGTON Kmtvb to ken h poticjr on hold Bloomberg THE productivity of American workers rose in the third quarter at a slower pace than the prior three months, while labour costs accelerated more than expected, a government
      Bloomberg  -  446 words
    • 509 22  -  From Anthony Rowley in Tokyo TELECOMMUNICATIONS ministers and officials from 27 Asian and Oceanic nations yesterday put their names toa "charter" for disseminating information and communications technology (ICT) across the entire region by the year 2005. The pan-Asian agreement which includes consideration
      509 words
    • 302 22 TOKYO Reuters JAPAN'S top financial regulator threw his weight behind consolidation among insurers yesterday as three nonlife firms began talks to combine operations and a life insurer turned to a non-life firm to combat competition. Three non-life insurers Yasuda Fire Marine Insurance Co
      Reuters  -  302 words
    • 186 22 NEW YORK Reuters AON Corp, the world's No 2 insurance broker, said on yesterday it would cut 3,000 jobs, or 6 per cent of its work force, and take up to US$325 million (***** million) in charges over the next few quarters as
      Reuters  -  186 words
    • 476 23 WASHINGTON Hisp&nics and Agian-Amorirang will ontnnmber whites in 50 years Census Bnrean AFP THE United States, the world's richest nation, is home to 275 million people but one in 10 of them was born elsewhere. Immigration is rapidly changing the face of the
      AFP  -  476 words
    • 368 23 GENEVA Oana-Kyodo THERE are more than 150 million migrants worldwide, the largest number to date, according to a report. The report released on Wednesday by the International Migration Organisation (IOM) by the early *****, Chinese from mainland China accounted for the largest share of
      Oana-Kyodo  -  368 words
    • 287 23 WASHINGTON Reuters THE US Senate on Wednesday made a last-minute attempt to head off possible sanctions in a multibillion-dollar trade dispute with the European Union, but House Republican leaders refused to go along with the plan. On a voice vote, the
      Reuters  -  287 words
    • 584 25 WASHINGTON Consumer spending softens slightly while home sales and construction activity keep slowing Reuters THE US economy grew moderately in September and early October but was starting to lose steam in parts of the country, the Federal Reserve said on Wednesday in
      Reuters  -  584 words
    • 503 25 SEOUL Finalise a get-well plan by today or the courts will step in AFP THE South Korean government issued a final ultimatum yesterday, saying the Hyundai Group's flagship construction unit would be declared bankrupt if it failed to come up with a drastic
      AFP; Reuters  -  503 words
    • 485 25 TOKYO AFP THE former chairman of collapsed Japanese department chain Sogo Co Ltd yesterday appeared in public for the first time since the company went under, defiantly denying responsibility for bringing the retailer to its knees. Hlroo Mizushima, who ran Sogo since 1962 and
      AFP  -  485 words
    • 192 25 TOKYO Bloomberg JAPAN'S index of leading economic indicators rose for the first time in six months in August, as workers put in more hours and machinery orders rose, the Conference Board said. The Index rose 0.8 per cent inAugustfrom July to 90, following
      Bloomberg  -  192 words
    • 457 26  -  Gere, Bush are working in states that usually vote for their rival's party From Leon Hadar in Washington WITH less than a week before Election Day, the two leading presidential candidates, the Democrat A 1 Gore and the Re- publican George W Bush, are trying to win
      REUTERS  -  457 words
    • 270 26 NEW YORK Bloomberg VIACOM Inc, the world's third largest media company, said Oprah Winfrey signed a two-year extension to her contract to continue hosting her top-rated talk show through the 2003-04 television season. Winfrey and her Harpo Productions Inc, which produces the
      Bloomberg  -  270 words
  • Page 22 Advertisements
    • 72 22 Is Back By Popular Demand Just Imagine the texture of pure silk the taste of raw honey the sigh of weeping willows Imagine no more. Hear the sounds of Mildred Jones and know! Enjoy real jazz every night (except Sundays) till 17 February 2001 at the Somerset s Bar, Level
      72 words

  • Page 23 Advertisements
    • 120 23 "7 H y~ y IJ |1 a gift for early birds: MasterCard Christmas Hotspots (Check it out in Executive Lifestyle today) www.mastcrtjordcomsg MOTORING jm jß^^- ;•>*,; "TV 1 «Mlfr< .y miH9" MOl OKIIWi Im s "!s:^ \r\:u; 1 tonwov. to so'\t N o.i potto* o'o imoos o po do\. otod
      120 words

  • Page 24 Advertisements
    • 2975 24 I NOTICES 1298 FORM 69 (3) (RULES 91 AND lOl) NOTICE OF INTENDED DIVIDEND IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF HWA KAY THAI (SINOAPORE) PTE LTD (In Creditors' Voluntary Liquidation) Name of Company t Hwa Kay Thai (Singapore) Pte Ltd Address of
      2,975 words
    • 814 24 NOTICI OP INTINPBP PIVIPINP Namo of Company GENIE INVESTMENT PTE LTD (In Creditors' Voluntary Liquidation) Addross of registered office 39 Robinson Road #07-01 Robinson Point Singapore *****1 Lost day of receiving proofs 20 November 2000 Name of Liquidators CHEE YOH CHUANG LIM LEE MENG Address of Liquidators c/o 95 South
      814 words


  • Page 26 Advertisements
    • 381 26 flj fX'teliafegigglfe. .a;1^I If you are aiming for long-term investment opportunities, set your To get the best shot at Europe's growth potential, you can invest in sights on Europe. Recent developments in Europe have made it a highly the ABN AMRO Star Europe Equity Fund managed by ABN AMRO Asset
      381 words

  • FINANCE & commodities
    • 284 27  -  SOX Derivatives Tradingßeport OTlndttc/MS&S'pore Index Lau Chee Keong Refco Singapore SINGAPORE stocks ended marginally higher yesterday on lower turnover. Technology stocks were actively traded after the announcement of a planned takeover of NatSteel Electronics. The Singapore Straits Times Index gained 0.42 point or 0.02 per
      284 words
    • 239 27  -  MSCI Taiwan index Lau Chee Keong Refco Singapore THE MSCI Taiwan index halted a five-day decline yesterday and soared more than 4 per cent on aggressive buying by both state fUnds and foreign institutions. Local investors took the opportunity to bargain-hunt in the local
      239 words
    • 153 27 ENERGY REPORT Reuters [LONDON] World oil prices headed lower yesterday as moves to ease Israeli-Pales-tinian conflict reduced jitters about a supply squeeze on a market short of spare ftiel. Benchmark Brent crude oil was 56 US cents off at U5530.75 a barrel while US light
      Reuters  -  153 words
    • 309 27 Reuters THE euro roee to three-week highs against the dollar yesterday, its five-day rally intact after the European Central Bank left interest rates unchanged as expected. A recent spate of weak US economic data, which has boosted the euro against the dollar, remained the focus even though euro
      Reuters  -  309 words
    • Article, Illustration
      50 27 s nrmiAMgcaowBATM NW 2 %>:h' A< r "T1 -iii A'"' li \l£2t j iV -T5, fmtif'f* M»*■■$•- •■•flitp s raummian j&Jt k jS*' S3 s sBMMmhMIIPJMM $bMEM njHr- '.'»<«H{HH9H iflHjRp «OVnH[ *v $?WWs flW- :PR> s OTTKUM, DHOOOMT USttB* FOXWAKD muii s BMP UBtt 4IWH 2JHM Rates quoted by ABS
      50 words
    • 1461 27 8I00M FUTUIIB8 Nov 2 RUBBER (hbrtsdasfeq as at SJOpi) RSS 1COMTtACT(S cants/kg) ClOOO M MM -iff—i. ffVf JftEStDec oo Mm jmm mm FetoOl 0430 SB fcUr 01 1*75 116.75 WM MO 350 RSS 3 CONTRACT (US ccntiAo) MW Ope* Month Low Soft (tonau) Marat SToo 55 S3 535 3 —"TB
      1,461 words

  • STOCKS east asia
    • 2746 28 HONGKONG AFP, Bloomberg Q Hang Seng -57.47 HONGKONG share prices fell 0.4 per cent yesterday on prof-it-taking although underlying sentiment remained positive, dealers said. The key Hang Seng Index lost 57.47 points to close at 15,291.54, from a high of 15,524.03, on a turnover
      AFP,; Bloomberg  -  2,746 words
    • 2014 28 TOKYO AFP □Wkkag -3m SHARE prices in Tokyo edged down 0.2 per cent yesterday as late profit-taking overwhelmed earlier gains at the end of a holiday-shortened week, brokers said. The Tokyo Stock Exchange's Nikkei--225 index declined 34.61 points to close at 14,837.78. But the Topix
      AFP  -  2,014 words
    • Article, Illustration
      926 28 AFP p| giflttrHan Binder +OJ7 CHINA'S B shares closed firmer yesterday as hopes of an eventual merger between the hard currency shares and domestic A shares led to fresh buying, brokers said. But prices were off their intraday highs with trading volume thin as profit-taking set in after rises
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  926 words
    • 371 28 AFP QWP Index +20L06 TAIWANESE share prices closed 3.7 per cent higher yesterday on an easing of political uncertainty after reports the opposition may fail to impeach President Chen Shuibian, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 201.06 points to 5,626.08, on turnover of NT579.76 billion,
      AFP  -  371 words
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  • STOCKS klse
    • 286 29 AFP DOnmpoate Index 4M MALAYSIAN shares closed 1.1 per cent lower yesterday on extended selling amid weak sentiment, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 8.69 points at 749.43. The Second Board index slipped 1.17 points to 164.38. Volume was
      AFP  -  286 words
    • 8387 29 INDUSTRIALS Cohsmmt products 2000 Lact Vol Day Net Cap High Low Company Sala 'OOP High Low P/E $mH 420 310 Ajinomoto 340 18 .6 137.8 158 46 Angkasa 47.5 -0.5 3 47.5 47.5 70.0 670 290 Apollo Food Hlg 418 unci) 1 418 418 9.1 167.2 3825 2700 BAT 50c
      8,387 words
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    • 68 29 I Mißflßk. JUL »»< rw ujwg 1 I |^~~~-~?T5^! 1> B B,II INVESTMENT POHXKHJG I I«7Mjm I ry- 1 II I »cf»—J", I I fc*r» SSI«Q I II I I I I mi g IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7%
      68 words

  • SGX clob & regional stocks
    • 2004 30 BONDS WARRANTS nov2 m m M M S2-M Lot M Bay Hi Hull Imad Can to Nk MM i— cmm u* *tf rwti i— in» mm w» t—awii nw —uw 51.5 3.5 I Acma W*****4 6 0.5 46 6 5.5 6 6.5 6 41.0 1 300 264 14.00 8 38
      2,004 words
    • 305 30 AFP 71 Oamponte Index +&34 SOUTH Korean shares rose 1.7 per cent yesterday with the index up 9.34 at 558.10. Volume was 458.8 million worth 2.6 trillion won. —AFP —»I Waa *b Anam Semi 6200 290 Brain Tech 890 unch Central Bank 170 unch CheilComm ***** -1600 Dee Gu
      AFP  -  305 words
    • Article, Illustration
      740 30 AFP PSETIatox *083 THAI share prices gained 0.2 per cent yesterday, with attention focused on the newlylisted Ratchaburi Electricity Generating Holding pic, dealers said. The Stock Exchange of Thailand (SET) Composite Index was up 0.53 points to finish at 280.30 points, and the SET 50 index was up 0.05
      AFP  -  740 words
    • 266 30 AFP QKZSE-40 -13.72 HEAVY selling in Air New Zealand shares pulled the Kiwi index lower yesterday by almost three quarters of a percentage point. The NZSE-40 Capital Index ended down 13.72 points at 1,913.32 a fidl of 0.71 per cent on turnover of NZ586.51 million. —AFP —»2 «o *h
      AFP  -  266 words
    • 542 30 AFP PjADOrtturiM +ILBO AUSTRALIAN share prices rose 0.4 per cent on a stronger media and resources sector yesterday. The All Ordinaries index ignored falls on Wall Street to close 11.8 points higher at 3,236.0 while the SP/ASX2OO finished 12.5 points stronger at 3,289.3, brokers said. Turnover totalled 563.43 million
      AFP  -  542 words
    • Article, Illustration
      675 30 AFP D Composite lain -L4O INDONESIAN share prices closed 0.3 per cent lower yesterday led by selected blue chips amid a lack of incentives, dealers said. The Jakarta Stock Exchange Composite Index closed down 1.40 points at 407.96 on a volume of 249 million shares worth 188.06 billion rupiah.
      AFP  -  675 words
  • Page 30 Advertisements
    • 28 30 Jaß .v HH HiHiHiHiiivm^H^^HHiii^ii^^i^HiiiHHiiHiHHHiH INTELLIGENCE CHANGES EVERYTHING i™**™]^**^*^**^^^****!*^^ The Manila market was closed yesterday Buy It Sell It. Find It. Classified. IcSj Call Today For Results Tomorrow. 1800-737-1166
      28 words

  • 8236 31 SGX MATNBOARP Transaction date: Nov 2 Gr Or M Wt 52- Wk Last V*4 Day Last Quota Mv Mv YM Nat Cap Avg High Low Company Sala rOOO) Hlfh Low Byyar SaOaf Cw Pit Prtca HULII Mftm 163 75 m c Acma50c 84 *2 109 64 813 82
    8,236 words
  • Page 31 Advertisements

  • ON THE move
    • 1214 32  -  SAP Asia Pacific head hencho Les Hayman now regards every day as 'another gift, a second chance at life' By Val Chua RIGHT behind Les Hayman's desk in his sprawling GoldßeU Towers office sits a framed black-and-white photograph of a
      CHRIS LOH  -  1,214 words
    • INBrief
  • Page 32 Advertisements
    • 123 32 MOTORIZED AIR STEPS ***** MOTORIZED AIR TRACK ***** MBM WALKER 8050 MAGNETIC AIR WALKER ***** Our models Or© HOt Only Sleek, elegant and Sturdy, th©y Or© aISO built tO IdSt. 2 1 a Foldabl© for ©asy and convenient storage, It is the best investment you can make towards your health.
      123 words
    • 5 32 A, i flTfl With BODYCARE
      5 words

  • EXECUTIVELifestyle
    • 2210 33  -  She wants it all a successful career, a level playing field with the men, a fulfilling home life, oosxmxbkbbx finds out how the Asian woman is faring in the pursuit of her most cherished dreams CORINNE KERK ITS not easy being a career woman in Asia.
      PHOTO MONTAGE BY SIEW YAW HOONG  -  2,210 words
    • PERSPECTIVE
      • 701 34  -  QFFrrrrm.i This is a question that most be addressed if we want to understand why it may be impossible to reverse our declining birth trends, at least in this generation jaime ee "GET married." "No." "Have a baby." "Don't want to." "Come on. It'll
        701 words
    • TRAVEL
      • 1238 35  -  An adventure, a challenge, an act of daring. For the woman traveller who enjoys a shopping expedition with all these elements thrown in, Seoul may well be more exciting than the staid, predictable haunts of Paris and Milan, obopfrbt hu explains GEOFFREY EU Nfl
        PHOTOS BY GEOFFREY EU  -  1,238 words
    • ENTERTAINMENT
      • 539 36  -  CINEMA The combined comic talent in Hanging Up is considerable, but so iwder-ntilised, it's not fanny By Parvathi Nayar IF YOU'RE someone who experiences handphone rage, you'd be well-ad-vised to keep away from Hanging Up. Unless of course, there's a strong masochistic streak that runs through you.
        539 words
      • 418 36  -  CINEMA Kim Basinger shines as Knki Qallman in I Dreamed Of Africa By Aaron Lye JUST when you start thinking the movie listings are nothing but a bunch of action titles and teen college flicks, along comes something so uniquely different it seems like a gift
        418 words
    • HEALTH
      • 1417 37  -  With an increasing number of women in Singapore, especially mothers with young children, turning to organic produce, more retailers are stocking up on an ever-broadening range of such foodstuffs. CHHAHUi-HOOUhas the details CHEAH UI-HOON NEW RETAILERS in the organic food scene are changing the image
        1,417 words
      • 5 37
        5 words
      • STRAWS In The Wind
        • 35 37 AFTER a report that Mi's CDMA, or Code Division Multiple Access, service had the worst street-level coverage, a long-suffering user said: "I knew it, CDMA means Code Destroyed, Minimum Access."
          35 words
        • 77 37 A WOMAN had lunch with her young son in a coffeehouse offering a special deal where two adults eat for the price of one. But the restaurant charged her a child's rate in addition to her own meal, causing her to complain: "If I'd known, I would have
          77 words
        • 23 37 SPOTTED along Bukit Timah Road: men measuring tree trunks with measuring tape. Are the trees getting too fat?
          23 words
    • EPICURE
      • 645 38  -  Its Singaporean staff have regrouped to start their own new restaurant Mimas tracks them down at Robertson Quay JAIME EE IT'S not easy being a restaurant in Robertson Quay. Not only is it near-deserted at lunchtime, you're surrounded by mismatched neighbours that include a food court,
        645 words
    • Article, Illustration
      724 40 American Psycho. Christian Bale Is a monster who works In Wall Street. For kicks, he kills and dismembers women. R(A). Beach Rd. Lido, Balestier, Oriental, Yangtze. Antmnn In New Tort. Ageing playboy Richard Gere flails for Winona Ryder, who is ill. Joan Chen directs this tear-jerker. Oriental. Bedasaled. Brendan
      724 words
    • 118 40 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Walt Empress 777-5867 Jubliee 454- 164(J Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Oolden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesS Tiong Bahru Yishun s Movie Clementi/CoVfealth 777-0669 Golden/New
      118 words
    • GOLF
      • 1390 41  -  The women's game in Singapore has come a long way. ouuiybhy bu traces its evolution GEOFFREY EU WOMEN used to have high tea with friendsand mutually about their husbands leaving them to be gblf widows while they spent much of their spare time on the fairways.
        FILE PHOTO  -  1,390 words
    • TECHNOLOGY
      • 1645 41  -  Nowadays, the well-heeled woman about town needs more than just diamonds. Enter the personal digital assistant guaranteed to give her the edge when it comes to making all the right connections, uhhn huihim finds out whafs currently available on the market CHEN
        1,645 words
    • PURSUITS
      • 762 42 Expect to be dazzled as 16 top Swiss watchmakers unveil their jewel-encrusted creations in the first exhibition of its kind in Singapore WHO says money can't buy time? For the first time, Cortina Watch is bringing together jewelled timepieces in a first ever exhibition of its kind
        762 words
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  • Page 34 Advertisements
    • 36 34 ■rnaMUCalkiMa pn>iwii|i ta> >*» »t fcSTSwB 1 r to \aowSTw!***?* >ma imm a H it it right with The Straits Times Classified's dynamic range "V of leisure and academic programmes. I«£ CATS. Bay It SdilL Rml It
      36 words

  • Page 35 Advertisements
    • 61 35 CARAN dACHE OF SWITZERLAND ECRIDOR COLLECTION MAKE YOUR MARK V v w Soli Distributor: SII.VARO>AI PRIVATE LIMITED 207 Henderson Roid «01-06 Singapore I 59SSO i C.i! .m d Ache ior m:i ind suvice centre «03-10 I I Whoelock PlaceTd 238 6678 ~n in d Ad-.! iv 1. ul.ihl*. .it i.'thoi
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  • Page 36 Advertisements
    • 464 36 Where to wine, dine and entertain,..'-? Fme Cuisine Veuve CKcquof. only if W*» H*o. October November, 2000. Won Hoo revolutionises the concept of fine dining. Imagine savouring classic Chinese cuisine with your choice of five Veuve Clicquot champagnes. If* a new experience of the senses you wouldn't want to miss.
      464 words
    • 48 36 Shantou Cuisine The Neptune From 1 November 2000 Reservations: 224 3922 <S>5S-»- tc 111 tSSMMrr taiULVi 333 Orchard Road. Singapore 23M67 ~.'<"rr Tel: 737 4411 Fa*' 732 2361 V iWHMP x .mW- If SVTij '^h ■HHH v m+w mMm ■«*••<» MWj IK Jpr mm '111 111 s fr- I
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  • Page 37 Advertisements
  • Page 37 Miscellaneous
    • 277 37 CRYPTIC CROSSWORD 12 Boring makers of laws (4) 13 Sounds tired of regular I 14 SS'toreach but hard to 17 fl M M M M MIBP touch (4) HH H|l9^HTT| 17 Aim to sign evangelists (12) ■■__■■—■■—Vl—| 20 Bishop Latimer on top form (12) MB H| 1 23 Suitable start
      277 words

  • Page 38 Advertisements
    • 77 38 rfw* Jf fIBB JBpMH^ t* a •■JEfe' vS j«'^«HPSP?P iSMI wjy,, r." f> j£ ,1$: B wmffiS.-. r ''^i^^H **4"^ JB| IpMRPIP^ I i AI I vM&I- bHI '4wßj. v "iThis festive season, let MasterCard share in the spirit of giving. With the MasterCard Christmas Hotspots promotion, you won't just
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  • Page 39 Advertisements
    • 391 39 MasterCard Christmas Hotspots.The Master Plan to beat the Christmas rush. Offers valid in November for MasterCard cardholders only. GoWheart 20X off and $20 voucher annual suUcripcion 000 20% off Haach' ISX off services. lOX off products StU y ISX off plus free gift T> -Le Salon Bis SOX off cut.
      391 words

  • Page 40 Miscellaneous
    • 2152 40 TODAY'S TV mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm "'.WgllgPT 440 The ABian Editorial. RBffOMMlH|l yiHWimO b" Asia Today. Southern Down Under to visit the uu» tS tocSS^atlonfr;. famous Sydney Opera HSa UO Asian Market Report, discomfort House by the harbour. She jloo Magician! Cold Sweat HS* .Split g(lg jL* J-J® alone thp ro&st llilW Fox
      2,152 words


  • Page 42 Advertisements
    • 23 42 as! a one*com YOU CAN'T HAVE IT ALL IF YOU DON'T TRY NEWASIAWOMAN.COM on career and family fei -V-v> iHL. r v S
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    • 58 42 ttmppi is of the essence loi the f New Asia Bi/Woman, and what bolter w ay to show it than with the elegant ("orum Trapeze diamond ladies' watch, officially retailed at SI 1,170. Sponsored by Cortina Watch Centre in collaboration with']lie Business Times, the watch is yours if you answer
      58 words

  • SHIPPING TIME
    • 256 43 Reuters BUSINESS on the dry cargo freight market was relatively quiet due to the absence of much of Europe for All Saints Day, brokers said on Wednesday. Grain chartering was confined to just one fixing by ADM for 60,000 tonnes heavy grain US Gulf/Rotterdam Nov 8/13 shipment at
      Reuters  -  256 words
    • 265 43 jy a w unch 1219 Cos«o VHfMtmant 0.19 unch 0 FrafittUNa 0.16 0.01 42 Hat Sun Hup 0.41 0.06 2421 IMC Hotdlng§-HK 5.60 unch 0 Jaya Hotdinga 0,16 -0.01 266 KappalCorp 3.56 -0.06 1036 KapprtftlS -tB unch 32 Kappal Marin* Oil -0.01 1032 KTM 164 0.09 1S34 Marina
      265 words
    • 501 43 EC says ministers are slow to adapt tough ship inspection steps it has drafted AFP [BRUSSELS] The European Commission is blaming EU member states for moving too slowly on EU legislation to beef up maritime security, after an Italian tanker sank in
      AFP  -  501 words
    • 715 43  -  ADMIRALTY CASEBOOK By Selva Kumar N OTHING in the Hague Rules or the common law made a carrier responsible for the unseaworthiness of its vessel caused by a shipper's misconduct about which the carrier had no knowledge, the English Court of Appeal has ruled.
      715 words
    • 120 43 Bloomberg [SYDNEY] A fUlly laden Malaysian container ship ran aground on the Great Barrier Reef, the world's moat extensive coral reef agnsl the Australian Broadcptftng Corp said. The Bunga Terati Satu was on its way from Singapore to Sydney carrying more than 1,200
      Bloomberg; REUTERS  -  120 words
    • 435 43 AFP, AP [PARIS] Expert opinion in France downplayed the danger represented by the chemical cargo carried by levoli Sun, arousing fears of a threat to marine life in the region. The tanker was carrying 4,000 tonnes of styrene, a corrosive and highly inflammable chemical
      AFP,; AP  -  435 words
    • 245 43 Reuters [PANAMA CITY] Panama Canal toll revenues rose 0.9 per cent to U*****.2 million (SSI billion) during fiscal 2000, as an increase in net cargo tonnage offset a decline in total ship transits, the waterway's administration said. During the financial year, which ran
      Reuters  -  245 words
    • NEW terminals
      • 1064 44  -  Fundamental changes are needed in work practices if long delays are to be cut at huge terminals By] Bill Mongelluzzo JoC Looking out from APL Ltd's 106 hectare container terminal at Los Angeles, William A Hamlin can see even larger terminals under construction nearby for Maersk
        JoC  -  1,064 words
    • 296 44 PAGE ECU Line 5/6/7 i Accord 6 En Lee Ahrenkiel 12 ESPUnes 11 AppensNp 5 6 AsiaOCL 11 FoongSun 5 Assets 7 Links Austral 6 fuh 7 Avant 12 Clink 4 B'tang Mas 6 Gemartrans 6 BSA 7 Cwfpfl n BTL 12 Glory Nav 12 Baiaji Shpg
      296 words
    • 19392 50 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'I voir. Zh 10/11 11/12 MOL CARINA CHALL 5609A 65-*****86 J"*"? 10/11 23/12 COSCO MING HEAVEN
      19,392 words
    • SHIPS IN PORT
      • 668 55 Vessel Voy No Berth Arrtv»l Departure 8t R8 3698 MO 02/11/730 02/11/17:00 Bt Satria 3 1H00 J01 02/11/730 02/0/2339 Tg Johor 18 V2016r JOS 02/11/8:40 03/0/630 Empress Lily 800 J07 02/11/8:15 04/0/830 Bt B Seta I mOO J01 02/11/1130 02/0/1430 Putri Mekar 10/000 Jtt 02/0/930 02/T1/I6.-00 Dong Yih
        668 words
      • 1844 55 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Boofctng/Manco Rttls Strip Voy No Etb/Btr Parted From To Fro« ACI LILAC am 4/15:00 1A 02/1500 02/859 02/800 oz/ooo ozmm 02/1900 2A 02/T700 01/0699 03/09CC 21 02/1700 01/0699 01/5900 3 03/0700 01/189 OVMOO 4 01/1200 0VM99 03/1700 iKNW 1041W 5/20*0
        1,844 words
      • 507 55 Carta* »0 Mm 991.2 0.6 15.4 0.09 51 0.05 Oct 19 Density Mar Residue Ask MmWm Siteiat No above E25 1 0 1 0 0 0 %MA) 360 Avt 986.4 0J 0.5 0.06 27 0.02 Ium 300 Max 993.2 0.7 18.2 0.10 57 0.04 WW! %»A
        507 words
      • 152 55 Nov 3 Japan: Culture Day. Mov 4 Sweden: All Saint's Day. Nor 11 Canada: Remembrance Day. USA: Veteran's Day. Nor2B Japan: Labour Thanksgiving Day. USA: Thanksgiving Day. Nor 90 Philippines: Bonifacio Day. USA: Thanksgiving Day. Doo 3 Japan: Culture Day. Dooß Thailand: H.M. The King's Birthday. Doo 10
        152 words
      • 786 55 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
        786 words
    • AIR & LAND transport
      • 398 56 Only fonr of seven airlines licensed in Jnne have started operations: official AFP [JAKARTA] The government has warned Indonesia's new private airlines that their licences will be revoked if they fail to launch operations within 12 months of getting their permits,
        AFP  -  398 words
      • 662 56 Bloomberg [DETROIT] Northwest Airlines Corp's purchase of a controlling stake in Continental Airlines Inc has actually been good for competition, Northwest lawyers said on the first day of the US government's antitrust trial. In the opening statement before US District Judge Denise
        Bloomberg  -  662 words
      • 62 56 [BELLEMONT] The wreckage of two Burlington Northern Santa Fe trains lie in ruin Wednesday in Bellemont, Arizona. Three locomotives burst into flames when a freight train rear-ended a parked train carrying a small amount of hazardous materials on Tuesday evening, injuring three while leaving one missing.
        AP  -  62 words
      • 406 56 Bloomberg [LONDON] BAA pic, the world's biggest airport operator, said second quarter profit rose 27 per cent on higher passenger traffic, lower taxes and more retail sales. Net income excluding onetime items for the second quarter ended Sept 30 rose
        Bloomberg  -  406 words
      • 393 56 Move follows surge in tourists after govt shifted to Berlin Bloomberg [BERLIN] Deutsche Lufthansa AG, Europe's second-big-gest carrier, said it would begin non-stop flights next March linking Berlin and Washington, the German city's first direct air connection to the US since 1996. The carrier will
        Bloomberg  -  393 words
      • 276 56 ItH also boy six A 330-2008 in USs4b order: report Reuters [LONDON] Australia's Qantas Airways Ltd will buy 12 A3XX superj umbos and six A 330-200 wide-body airliners from European plane maker Airbus Industrie, France Info radio reported on Wednesday. Valuing the order at
        Reuters  -  276 words
      • 1847 56 an FU6MT n* fught etb —gnm am xcwmmckt *w« wo so/vmtz oko SQ/VMT1 MB VW740 MM ow wo ■tim 2oso so/Mm mo sqawm mb mS SS 5 S S *55 jjS unn urn mm iw «a» a» VW74» 2245 AmMNI S023 0(40 KL0044 0B5 mgn OUD
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    • 1078 44 OOQ CAiffOtNU 1 m ooawwroM M 45 I m/ii N/11 M/n m/ii if/11 i*/ii 11/11 m/ii M■ TO '«/ii N/n n/ii n/n n/11 n/n wii m/m OOQ JAPAN ***** I 11/11 11/11 «1/» #5/11 M/ 11 M/ 11 H/11 11/11 MMSKKMM 01* >1/11 a/11 n/n IS/W M/M 17/11 H/ll M/M
      1,078 words
    • 669 44 Lin« r»pr»i«rt«d by L JHHk j la—i _t iL. mI f rvwmoers or mv la rnemoeri or in§ KOQisrry o* HuRI Accredited Shipping Ag«ntj, J3r Sin9 °P° f *>■■>! »i u u in. flilnninn Amu uJtnn AUOCIOHOO x?>y< y Singapore onipptng Mssooanon NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT
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  • Page 45 Advertisements
    • 1243 45 TO EUROPE FROM EURO* IvEssa voy an ktm aim haw mv mm fit im llvtssa vot Imi ano ham mv sou fit ta awl HY MGHNESS 327W 06/11 24/11 25/11 19/11 22/11 MOMI 020 C 13/10 14/10 11/10 11/10 5/11 APIAIMANDBE 31IW 00/11 02/12 21/11 30/11 27/11 MAAS *****5/10 17/10
      1,243 words
    • 1724 45 HANJIN SHIPPING likPl U ilkMyalMi -Wb *****30 ■MWgggMMgg !■»//—Mfc— >00«W6 7370nV737 MIRnWHOI WCW«T m«7l 774 OfWTWMS IttWIJH mmS fU S3tll4S alio I1S*****00(IM I TO NW USA Jk CANADA 1 USA CANADA* WVSI/VUT IMI I 91 UMNM&/VOY sSTI TO* KM TO T~oi W Sf MT KM St MM M I W
      1,724 words
    • 425 45 IralliiH «sa »w|s»|xt m L. LLUSpLLLLiL bf —mi- MI gMfa BS~=i j-=^H MHSM 81SS 11/11 17/1) 11/11 77/11 n/11 22/11 M— Ulil! HIWfWgnMMMHMMI htmmsmii >sc 17/1) 14/11 m/ii wi m/ii »/ii [ys^^^^OTisiiTDKHVo^slS^n*^nls^ bkmsm oi4s n/11 i«/ii iT/ii m/ii ivills/11 vm!■<- I *hs ww yij aw Ml ow ms ivs IV))
      425 words

  • Page 46 Advertisements
    • 1219 46 SENATOR LINES VESSEL TOY SM La I HTM I AMR HAM ImV FU ["iQM VOY BFT SPE FOS I VIC I WTB PUNJAB SENATOR 0014W 31.10 17.11 It.ll 21.11 tl.ll 8.11 Oil HH BMW 811 It.ll tl.ll 21.11 2t.11 8.12 TRADE MAPIE 0032W 11.11 21.11 27.11 2111 24.11 2111 MMMO
      1,219 words
    • 670 46 I»ji y PORE BANGKOK HO CHI MIMH MV MANTRA BHUM" V.364N MV "DASHENG" V.404N ETA SIN: 7-11-2000 ETA SIN: 7-11-2000 BARCELONA 6INOA MV "VILLE DE VENUS" V.348W MV "PALERMO SENATOR" V.941W nA SIN: 6-11-2000 nA 9-1 2OOO NEW YORK HONG KONG MV "SONG HE" V.0157E MASOVIA V.4ON nA SIN: «-11-2000
      670 words
    • 648 46 EXPRESS CONTAINER FEEDER FOR N.SHEVA (OFS MULUND, MUBMAICOLOMBO ALSO KXBVm TO ALL NORTHERN NO WESTBM I.C.D. POWTS VMM* STORE N. SHEW COLOMBO PKLANG CAtt CANAVERAL VI3IW K NOV 14 NOV 11 NOV 24 NOV TULSHMSV.IS3 12 NOV 21 NOV 28 NOV (1 DEC CAPE CREUS V.IISW 11 NOV 2SNOV S2
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    • 1659 47 IVESSB. VOY KHH HKO I SIN I PKL I PXB BAB Wg BBC IRAN BAAKERI PCI-180 07/11 OS/11 11/11 12/11 21/11 22/11 24/11 26/11 IRAN HORMOZOAN PCL-181 14/11 15/11 lt/11 19/11 26/11 27/11 29/11 01/12 IRAN TEHRAN PCL-182 21/11 22/11 2S/11 26/11 08/12 04/12 06/12 08/12 IRAN TABATABAEI PCI-183 28/11
      1,659 words
    • 957 47 lbs YANHI EfiKY S9NDAY 1 (T/T: 12 DAYS) I YANTIAN IYItY MONDAY I (T/T:4DAYS) 1 IGtMRAL AGENTS IN SINGAPORE: 80 ROMNSON RD TIL 226 1900 FAX; *****08 OUTWARD (l/L) *****02 JOHORIOfFKfc COSTAR SNIPPING PTE LTD #12-00 SAUS/MGS *****57/43 INWARD DIPT (0/0) *****86 COSTAR AGENCIES (M) SDN BND tR MO; **********0
      957 words
    • 621 47 tXPORT feiiiiiiiiSferl li P 111 l Pi a Aim >mow Wv r w/»i «7»i"fi/»i "5/»i >7/»f SI mum* |SSt |u/ii lii/ii |aS/ii I 5/ii 1 ii/ii I Ijjg |j5/l) ln/i| wußoa cnSus »paw~ ivj| oy/jj 'id i -J L I oMWICo £«a3[£|jSEK-i. PCPOMT IWOW wm Iwr m I s»a ¥M
      621 words

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    • 664 48 OttMWtANiAH/IIACK ttA/ÜBOFf WYICK export VBsa/yowg Isgp lao I vim lots lew law |rhv [w |zb gupssßoo67-00# (VP n/ii 20/11 22/11 ?yii zyii ?yii x/u 27/11 uunibiooeojmw ivii 25/1127/1121/1101/12 30/11 01/12 oa/12 ow mwa»ootMoai( ivii 01/12 oyrc 05/12 07/12 on? 07/12 01/1210/12 mmiocrooow ayn ow itvi? 12/121V12 iyi2lVl2 iyi2l7/12 miirroo7i-oi#( qyi2
      664 words
    • 343 48 ixpor VESSB VOYAGE SGP CBD DIB JRA AM DRM BAN KM KXV YU HE 0160W 04/11 15/11- 17/11- 21/11UMASSBd 0637-022W 06/11 10/11 15/11 16/11 17/11 UN PRUDENT 014M04W 07/11 11/11 17/11 20/11 XUNGHE 0162W 10/11- 21/11 23/11- 27/11UNACCORD 0638-032W 13/11 17/11 22/11 2VII 2VII UNI ASSURE 0150-015W 14/11 IVII 24/11
      343 words
    • 814 48 vbse I mr I a n I m Ila wssr wi sin *t M smi m ~m— iBS w w-- M —*K ggj p= |fc rzjz::^^— wmwm 3MW 07/11 11/11 I Icntm* lOOSI IQ/II I 12/11 I MUI |Hi AA IMM at/11 Ufl] I 10/11 caMng UTC 1 A UTC
      814 words
    • 591 48 INDONESIA NATIONAL LINE TO AUSTRALIA I va wr wb w t no m m m m forms mh am *1/11 11/11 ia/1115/11 mtnu liT H/11 v/ 11 u/ii w/iT ii/ii S/ii win HT is/11 u/11 tyil it/iT h/iT ai/ii MMH "ST M/ 11 tl/11 Vfll M/IIM/ll W/lt FEEDER SERVICE TO
      591 words

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    • 494 49 i BSA A. M MYANMA «BBk FIVE STAR UNE r (Myamnar National Line) Loading for Yaagoi vcssa vor sin n n poi MONG LA 36W SID PAGAN 285W 06/11 MAUTSU AGENTS: 80USTEAD SHIPPING AGEHCKS KUL m 03-*****00 PKL Tit 03-*****101 PIN: Hi 04-*****02 PGlfc TEL 07-*****21/4 BANK LINE (A service
      494 words
    • 1317 49 hm [VBSE VOY ISMI SOU I LB4 I RTM NIT HAM HV I VBSE I VOY I SOU I Wl RIM ANT HAM |MY| SM HYADMMAL 329W~ 02/11 20/11 15/11 H/11 23/11 HYIABOH MM M/ 18 14/11 11/11 12/11 12/11 NOLOOML 017W 03/11 24/11 25/11 19/11 21/11 APICYPMNE 1201 11/11
      1,317 words
    • 789 49 vOOv WALLENIUS WILHELMSEN TO MOUTH AND UTIM AMIRKA 'C*» ROUP HttVYUFT SIUVKf vessel vot hamp height sin lk mo mia sav m lour I nyc new I mo 9 TAPIOU AN922 4001 m "T3I 12/11 10/12 11/12 21/12 23/12 24/12 26/12 2S/12 02/01 06/01 TAMPA AHO23 4001ns 6JM 26/11 26/12
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    • 86 52 W IHi SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 YFT Fax |65| *****66 Email: genefMecutln eaiUne.net Website httpy/www eculine net f r^ New Econ Line EAST MALAYSIA 2 x Fixed Day Sailings per Week between Kuching/Kota Kinabalu/Muara/Sibu S'pora ft Bangkok, Lawn Chabang Tawau/Bintulu/Labuan/Sandakan See Paga 13
      86 words

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    • 1118 53 SAMUDERA SHIPPING LINE LTD 72 Anton Rood, #06-01 to 03, Singapore *****1 HUM LINE/OUTWARD: 532 36M INWARD (MO): 437 23M IMPOST STATUS (WDfc 437 2371 INVEMTOtT (MDh 437 2420 W«bsit« http://www.MMMkra.CMi CB NO. 154A*****00N BOOKINGS UNE; 535 6266 (Cslio/Jes»ico/Msi Chon/Js«tynn/Porci/Yvonns/HqwHn) QBfIDHDSH 8 SLGS/WEEKLY 3SIGS/WEEKLY vKsa vor sm jax [vessel vor
      1,118 words
    • 828 53 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO KG SM IMT I SIM IMW f§6 CM KMI HM MTI Otf SAV HW lAM HOU MOKH —AMD* /0751 OS/11 11/11 14/11 It/11 21/11 21/11. Mflt J4ZII ***** IttlL HAL JiZIL Ji/IL JlflL J2flL HOKHUM/OISI 15/11 01/12 04/12 04/12 14/12 11/12 22/12
      828 words
    • 627 53 MG LEI SHIPPING CO PTE UDI I M: *****22 (10 Ums) tau S33MM/S3M9M I tt in IStaiIHMH I VESSEL VOT SMEtt SMETB DESTINATION Mora Mo S4 8/00 03/11 04/H Saratov® Union Stoi 7? 12/00 04/11 05/H Sonboys Dwi Dow 19/00 05/11 07/H Du«a/P tou/Buoron Union Sid 37 17/00 05/11 07/11
      627 words

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    • 683 54 I VESSEL VOY SIN MAA SIN I TIGER RHYTHM 847N 04-05/11 09-12/11 17-18/11 I TIGER BRIDGE 848N 13-16/11 21-22/11 I TIGER METRO 849N 11-12/11 16-19/11 24-25/11 I TIGER STAR 860N 14-15/11 20-23/11 28-29/11 I TIGER RHYTHM 851N 17-18/11 23-26/11 01-02/12 I TIGER BRIDGE 852N 21-22/11 27-29/11 0344/12 I Ivesse^^^VO^^SW^^CA^^Sl^^l DAFA
      683 words
    • 912 54 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight links Express Logisticentie, Singapore *****3 lSflr Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg WEBSITE: www.freljhHinks.ns> FOR BOOKING: *****35/5539/5541/5553/3494 (COMVENTIONAL RORO) Lowfomcm Ikm *****7*, H/Pi *****977 hnw ■iiciiH>«hi,iiDmg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 9688 5404, VINCENT SEE 9678 5760,
      912 words
    • 46 54 REGULAR DIRECT CONTAINER BREAKBULK SERVICE TO PORT LOUIS DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS 08WB 25/11 06/12 12/12 TBN 08AW 13/12 27/12 02/01 ACCEPTING TO JOHANNESBURG Agwrts: Id Fu Singapore len Uw Agenaes *****61/142 224 0163 Mdoyao fcwfani Shaping Aguy Sdn Mid 03-SMOMB9 035M*****
      46 words
    • 1016 54 hrMd»it*i*ytal437SltO ui i I. Lai,, —i \wL^¥js/ wtsiivt: 111 ifp.//www.ooa.com x. y lUfd SCP LCI 01 MEM NK HOU I rt MEM Ntt HOU CHI LB S6P ooa new yom 0*45 m/ii 24/11 21/n 30/11 aaoi 21/11 2^tSJ^SLST" 1 !W2 !i£2 */!2 15™ ?vl! OOQ JAPAN 44E44 IVl) 01/11 04/11
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  • Page 55 Miscellaneous
    • 156 55 f-- jr* <<i f «a f j|P|BB 1117 vO l&t^ Vss tBHHK **_—A V 'IpE'^ >..., A •*> jf Ns? f j^HF^WyX* l m^;:^^H^Kv' n '^"x r <9BV T nnLirpi cil J I W U K >s/ UEQEND^ K Thunderstorm jL Showers Y. Rain Temperature wind direction and speed in
      156 words

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    • 128 56 FAR EAST/SOUTH ASIA TRADE EMERGENCY BUNKER SURCHARGE (EBS) OF USDIOO/TEU Arising from a recent review the under-mentioned Lines operating in the Far East/ South Asia trade wish to announce that the Emergency Bunker Surcharge (EBS) will be increased to USD 100 per 20' and USD2OO per 40' with effect from
      128 words