The Business Times, 14 November 2000

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Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 M,TA p 035/12/1999 SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY. NOVEMBER 14, 2000
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  • Article
    Lock icon MARKET SUMMARY
    68 1 DufflJff (48.23) nir-aa mm 77M3 (-17.62) Sf INDEX FUTURES UM&6O (42.00) n SIMSCI FUTURES mm mm (4.40) STOCK MAJUKET INDICES Mood Ch gc KISECOMP NIKKEI 81 HM*M —-81* HANG SENG 1i81*» ***** JET INDEX 287.18, JAKARTA COXP —***** 431 AM!A COW —LWM -SMI Siwpi kmx—ma L COMP S3&M
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  • Article
    Lock icon FINANCE
    67 1 rata sates USI St U8S &(T8S/5SpcrS) 1.« 1«4 EUKXISS/88/Q U* DM -1208 1*7 YES 1«75 6U6 KM 3.800 -liffl RKS ««7 BAirr 43.59 Rl'PtAH MIS W» fhiib tins SINGAPORE* 1» KUALA LUMPUR .7,67 JAKARTA J9.00 BANGKOK Ml MANILA MM 1 HONGKONG fc 8.50 TAIPEI 7.84 SYDNEY m SEOUL 9.5#
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  • Article
    Lock icon Q3 venture funding in Silicon Valley dips to US$6.95b
    875 1  -  Nationwide VC fending posts steeper fall, from USsl9.Bb to USsl7.6b From Jennifer Lien in Silicon Valley VENTURE capital investment in Silicon Valley did not grow for the first time in seven quarters, but the total flind flows into technology firms here
    875 words
  • Article
    Lock icon CAD investigating SingTel's price surge on Oct 13
    376 1  -  Possible violations of securities act in last-minnte trade By Teh Hooi Ling, Chuang Peck Ming [SINGAPORE] The Commercial Affairs Department (CAD) is investigating the surge in Singapore Telecommunications (Sing Tel) share price on Oct 13 for possible violations of the Securities Industry
    376 words
  • Article, Illustration
    Lock icon Nasdaq slides below 3,000 mark
    154 1 HP's lower-th&n-expected profit fuels fears of fading profits THE tech-heavy Nasdaq Composite Index fell below the 3,000 level for the first time in about a year as Hewlett-Packard joined a lengthy list of technology companies that missed forecasts, feeding fears of fading profits. At 11.00
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  • Article, Illustration
    Lock icon DBS Bank in talks to lease Unity Tower 2
    454 1  -  H»nk aim 0p70%0f FCCs Robinson Centre By Kalpana Rashiwala [SINGAPORE] DBS Bank is in talks to lease all 276,000 sq ft in Unity Tower 2 coming up along Shenton Way from Singapore Land and its former chairman, SP Tao, sources say.
    FILE PHOTO  -  454 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      219 1 in hide Top Stories Takeover rumours drive up CCL shares by up to 7%. Pg 4 HP profit well short of expectations. Pg 16 BT Comment Singapore faces a tourism quandary, says Lee Han Shih. Pg 10 The US election system: not perfect, but not bad either. Pg 12 New
      219 words
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      18 1 Other Parliament reports House passes changes in public offer rules, Pg 7 Accounting corporations now allowed, Pg 7
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      Lock icon Page 1 Advertisements Column 3
      18 1 HP profit disappoints, Pg 16 i v. I ii motion to impeach Estrada 4^^-' Report. Nr-y\ P-vyr —-i
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Blind faith
        98 2 THE blinds in the new DBS treasury centre are usually pulled down which is a pity because the view from the 33rd floor centre is great. Seems despite the millions of dollars and high-tech wizardry that went into the place, it's a low-tech decision to keep the blinds
        98 words
      • Article
        Lock icon Just give me the bottom line
        139 2 A UNITED Overseas Bank customer recently received a letter from the bank telling her that because of a $1.50 monthly charge on her savings account, it was overdrawn. UOB, like other banks, imposes a monthly charge on savings accounts that fall below a minimum
        139 words
      • Article
        Lock icon Shifting the blame
        247 2 A MAN in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. "Excuse me, but can you help me? I promised a friend I would meet him an hour ago but I don't know where I am," he said.
        247 words
      • Article
        Lock icon World beater
        90 2 IT may not make it into the Guinness Book of Records, but Pan Pacific Singapore tops the world as the hotel with the most digital subscriber lines. The hotel, which has been in the forefront of providing computer access for guests, implemented wireless communications in all its 23
        90 words
    • Article, Illustration
      Lock icon Congress impeachment nod cuts Phisix by further 2.2%
      619 2  -  Swift approval leaves Estrada to lace Senate trial From* Al Labita in Manila INVESTOR concern rippled through the financial markets as the Philippine Congress yesterday endorsed the impeachment of President Joseph Estrada and sent the case to the Senate where he will
      AFP  -  619 words
    • Article
      Lock icon Mexico, S'pore commit to free trade agreement
      543 2  -  Each country aims to be a regional hub for the other By' Vikram Khanna [SINGAPORE] Mexico and Singapore yesterday issued a joint declaration committing themselves to a bilateral free trade agreement (FTA). The declaration, which was signed by Prime Minister Goh Chok Tong
      543 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      41 2 BV LGA RI The Aluminium watch t Singapore, Hilton Hotel 737 1652 Takashimaya Department Store 735 6689 and: Cortina Watch Centre, Millenia Walk 339 1 728 Dickson Watch Jewellery, The Promenade 732 8900 Centrepoint 734 5822 Suntec City Mall 336 4871
      41 words
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  • MARKETS jitters
    • Article, Illustration
      Lock icon North Asian markets take a tumble
      657 3  -  Fears of slowing US demand and uncertainty about results of US presidential election take their toll From Audrey Tan in Hongkong NORTH Asian markets yesterday mimicked Nasdaq's tumble on Friday, as nervous investors sold both technology and Old Economy stocks on fears of slowing
      AP PHOTO  -  657 words
    • Article
      Lock icon Deadlocked US polls, weak Wall St hit regional stocks
      454 3  -  By Ven Sreenivasan [SINGAPORE] South-east Asian markets hit the skids as investor sentiment, already weakened by deadlocked US presidential elections and volatility on Wall Street, was further dampened by negative domestic political and economic factors. In Singapore, the benchmark Straits Times
      454 words
  • Page 3 Advertisements
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      24 3 ;•••>, i mm P s •it ./>:.v- *-ac;• <\?• /f aw s&?* 'MiMM&&£, -v.- sw*» >. T i^W'.w-.-' ir ->""■ v <;..;• IA>V '■■■&%'--i& i; *r ri^Bn££r.:?..v.l *?PIHE!IMN9 7
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Takeover rumours drive up CCL shares by up to 7%
      464 4  -  Market talk, triggered by another bnlk purchase of shares, is that Jardine will mount a general offer soon By < Christopher Tan RIFE speculation of a takeover sent thinly-traded Cycle Carriage Ltd (CCL) shares up by as much as 22
      464 words
    • Article
      Lock icon OCBC names 2 more foreign directors
      271 4 OVERSEA-Chinese Banking Corporation (OCBC Bank) has appointed two more foreign directors, expanding its board to 10. They are Nasruddin bin Bahari, 63, chairman of wholly owned subsidiary OCBC Bank (Malaysia), and Janice Ballace, 51, the first president of Singapore Management University. The move appears
      271 words
    • Article
      Lock icon SGX unveils new online trading system for brokers
      342 4  -  They will have to pay SGX-ITS a monthly fee of $30,000 and $3 a transaction By Serena Ng SINGAPORE Exchange Information Technology Solutions (SGX-ITS) yesterday launched a new online trading system caned Vision Broker ID-ASP, or VB3. Developed with Microsoft, Hewlett-Packard and
      342 words
    • Article
      Lock icon Time to provide details on directors' remuneration
      934 4  -  [ISfrMK locksiew paul thompson AS the corporate governance bandwagon gains speed, the topic that is sure to ignite the most public interest is the issue of directors' remuneration. In Singapore, the annual accounts reveal pitiftilly little on the subject of directors' pay. Is
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    • COMPANY Briefs
      • Article
        Lock icon AFP unit puts more into China venture
        124 5 AFX-Asia ASIA Food Properties said it through wholly-owned unit Premier Foods International, will be investing a further US$2 million (553.5 million) in Shining Gold Foodstuffs (Ningbo) Co of China. Shining Gold, wholly-owned by Premier Foods, operates a palm and vegetable oil refinery in
        AFX-Asia  -  124 words
      • Article
        Lock icon Boustead takes 40% of WEBFoundry
        67 5 AFX-Asia BOUSTEAD Singapore said its unit, Boustead Information Technology, has agreed to take a 40 per cent stake in WEBFoundry Pty Ltd for A 5600,000 (*****,000). Boustead Information also agreed to provide a loan of A 5550,000 to WEBFoundry for working capital requirements. Boustead Information
        AFX-Asia  -  67 words
      • Article
        Lock icon Netrust appoints new CEO
        73 5 KEPPEL Telecommunications Transportation's subsidiary Netrust has appointed Foo Jong Ai as chief executive officer. Mr Foo was most recently director of information infrastructure development at the Infocomm Development Authority and has also served as chairman of 1-Net Singapore, the infrastructure provider for the Singapore ONE network.
        73 words
      • Article
        Lock icon Scott Anderson made Swan president
        79 5 CITY e-Solutions, formerly known as CDL Hotels International, said it has appointed Scott Anderson as president for its US-based hospitality solutions provider Service World Network Inc (Swan). Mr Anderson was previously executive vice-president for internet travel division at Cendant Internet Group. He was also managing
        79 words
      • Article
        Lock icon Nucleus posts 80% profit rise
        74 5 SGX Sesdaq-listed Nucleus Electronics yesterday reported an 80 per cent Jump in net earnings for the first nine months of the year to H2 million. Turnover was up a third to $38.2 million. These amounts already exceed the company's performance for the whole of last
        74 words
      • Article
        Lock icon CSA unit buys Malaysian site for RM3m
        71 5 CSA Holdings said its subsidiary Computer Systems Advisers (M) Bhd, through a subsidiary, has signed a deal to buy a 0.6551 ha plot of land in Daerah Sepang, Selangor Darul Ehsan for RM3.01 million (Ssl .38 million). The purchase would be funded internally.
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    • Article, Illustration
      Lock icon Keppel Hitachi Zosen wins $280m shipbuilding contract
      268 5  -  TyCom places order for four vessels for the installation and maintenance of undersea fibre-optic cables By Donald Urquhart KEPPEL Hitachi Zosen has clinched a $280 million contract to build four cable-laying and repair vessels for Bermuda-based TyCom. TyCom exercised an option for the
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    • Article
      Lock icon Star Cruises' listing on HKSE may be delayed
      153 5 AFX-Asia [KUALA LUMPUR] Star Cruises pic's planned listing on the Hong Kong Stock Exchange may be delayed, The Edge newspaper reported, citing a company spokesman. The spokesman said the delay is due to certain clarifications and disclosure sought by the exchange. "We
      AFX-Asia  -  153 words
    • Article
      Lock icon HK$2.4b loan launched for Citic HK unit
      166 5 Reuters [HONGKONG] A HK$2.4 billion (*****.7 million) term loan facility has been launched for Treasure Trove Ltd, a special purpose vehicle owned by conglomerate China International Trust and Investment Corp (Citic) Hong Kong (Holdings) and Citic Pacific, the Development Bank of Singapore (DBS)
      Reuters  -  166 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      241 4 SUCCESS through lifelong learning ■HI UNIVERSITY OF la TROBE UNIVERSITY Var SOUTH AUSTRALIA Australia "Ranked Among Australia's Best Universities" m A E-Commerce Singapore 20th Intake 28 Nov _by The Good "Ranked Top 5 Distance MBA in Asia" by Asia Week ■1I A iMversoes 18 months only Guj(je 12 courses plus
      241 words
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      86 5 X r ""i ~''U~. J V^-;-' 1 j> --V Because the road only goes so far. we bring you the BMW X 5. One glance will tell you that its unlike any BMW you've seen before: but once you get behind the wheel, you'll recognise the unmistakable driving experience M
      86 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Weak Wall St, Dell warning drive nervous market down
      569 6  -  -li comment STOCKS ven sreenivasan THE Singapore market started the week on a nervous note amid concern about the impact of the deadlocked US presidential election on Wall Street stocks. Sentiment was particularly weighed down by the weakness of the tech-heavy
      569 words
    • Article, Illustration
      Lock icon Little to commend Acma warrant
      180 6  -  WABRAMT WATCH By' Ven Sreenivasan THE Acma warrant was one of the leading percentage losers yesterday as it slipped another cent to four cents or 20 per cent on a volume of 45,000 units. Meanwhile, the underlying stock fell four cents to 81 cents on
      180 words
    • Article, Illustration
      Lock icon Gul Tech likely to see further upside
      242 6  -  HOT STOCK By Serena Ng PRINTED circuit board maker Gul Technologies has been the subject of takeover talk recently and it shares have performed strongly. They eased four cents to close at $1.15 yesterday on volume of 5.7 million. But the technical indicators
      242 words
    • Article
      Lock icon Market Notices
      84 6 ♦THE executive director of Chew Eu Hock Holdings V (CEH)and Chew EuHock Construction Co (CEHCC), Tan EngSiang, has been appointed managing director of CEHCC in place erf Chew Ei Hock with effect for Nov 1. CEHCC is a wholly-owned subsidiary of CEH. ♦SEKSUN Precision Engineering has changed its
      84 words
    • Article, Illustration
      Lock icon Asian units drift on political uncertainties, US worries
      337 6  -  comment CURRENCIES larry wee ASIAN currencies started off the week on a muggy and indecisive note, depressed by the latest in a string of sharp Nasdaq falls last Friday, and compounded by political uncertainties not only in the US but also in
      Source: Reuters  -  337 words
    • Article
      Lock icon Untitled
      390 6 Stocks Volume AddvaTTech 2.5c 27,686,000 PCI 25c 21,392,000 PacificCenturylOc 14,062,000 Chart Semiconductor 26c 13,214,000 OUBDB0CWO1O123 11,718,000 OmnilndlOc 11,500,000 GMG Global 5c 11.235,000 MedtaRing 10c 10,712,000 AdroiMOc 9,579,000 IPCQ20C 7.891,000 Stocks Chart Semiconductor 26c 94,336,092 NatEleclOc 39,906,100 Omni Ind 10c 38,304,660 PCI 25c 29,935,860 VentureM»g25c 29,666,530 DBSGrp 18,923,354 PacificCenturylOc 17,837,670 OUB
      390 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      365 6 I 1 1 1 FEATURING ADDRESSES BY: W Barry DHI«r« Chairman CEO, USA Networks, Inc Manuel Pangilinan, President CEO, The Philippine Long Distance Telephone Company Yatiman Yusof, Senior Parliamentary Secretary, Minister of Information and The Arts MSI R— A n llaimw cRvkHMUon upwnny INNEI 2. O O O 15 November
      365 words
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      Lock icon Page 6 Advertisements Column 2
      35 6 Grow Your CPF With eiBht |rrpo r, '.sr A colors <c Vts n eicjht must ot "'ace c r the application forms -eca r,, e p'ospecfjs The value c$ tHe we us se >3 HiSBA;*-
      35 words
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  • PARLIAMENT news
    • Article, Illustration
      Lock icon House passes changes in public offer rules
      576 7  -  Bill also takes further steps towards a disclosure-based regulatory regime Reports byl Chuang Peck Ming SINGAPORE has made major changes to its regulations covering the public offer of shares, following Parliament's passing of the Companies (Amendment) Bill. For offers to sophisticated investors, for
      576 words
    • Article
      Lock icon Accounting corporations now allowed
      408 7 Accounting firms previously had unlimited liability THE days are finally over when public accounting firms in Singapore can take only the form of a sole proprietorship or partnership, with unlimited liability. Parliament yesterday passed the Accountants (Amendment) Bill that offer accountants the third alternative they have
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    • IN Brief
      • Article
        Lock icon Public entertainment licences
        177 7 HOLDERS of public entertainment licences will come under a demerit point system, not unlike that used for drivers, when changes to the Public Entertainments Act take effect Parliament yesterday endorsed the system, which wiU encourage licensees to exercise opjMiaHpHni, whm itpamflrf thftanwnrimerits to the Act yesterday. "Under
        177 words
      • Article
        Lock icon Estate duty exemption for techies
        129 7 PARLIAMENT has given residential properties used for businesses under the Technopreueur Home-Office Scheme the green light to also qualify for estate duty exemption. The Estate Duty (Amendment) Bill passed yesterday wiU support efforts made under the scheme to encourage innovation, creativity and enterprise. It will
        129 words
      • Article
        Lock icon Law on oaths simplified
        123 7 THE law on oaths and declarations has been simplified, brought up-to-date and given a more local flavour, thanks to the passing of the Oaths and Declarations Bill yesterday. The move consolidated three archaic Acts the Oaths Act, the Oaths ofOffice and Allegiance Act, and the Statutory
        123 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      183 7 Designed to answer every demand from great performance mkto low prices, the Net Vista A4op and PC 300 from IBM even comes with free 3 years on-site warranty worth $199. For more information, contact any of our business partners listed below. Wr IBM recommends Windows 2000 Professional for business. OBEii
      183 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Job-ad volume rises just 7% y-o-y in Oct
      220 8  -  P=* 3 on the economy jobs By Teh Hooi Ling HIRING activity seems to have slowed, going by the volume of job advertisements in the newspapers. The volume of recruitment ads in October rose a mere 7 per cent year-on-year, compared with
      Source: SPH  -  220 words
    • Article, Illustration
      Lock icon JTC partners Microsoft in incubator programme
      572 8  -  Start-ups in Phase ZJto facility will have automatic access to $60m scheme By' Vincent Chong JURONG Town Corporation (JTC) yesterday announced a technology tie-up with software giant Microsoft Corporation in an incubator programme to nurture start-up companies. The incubator facility, named Phase Z.Ro Technopreneur
      572 words
    • Article
      Lock icon Pidemco, 3 others to start office services portal
      262 8  -  By] Kelvin Ng PIDEMCO Land's e-business arm, pFission, has teamed up with City Developments (CDL), Keppel Land's KeplandeHub and Singapore Land's Interpex to start an office services portal. The four companies will invest up to $5 million and will own equal stakes
      262 words
    • Article, Illustration
      Lock icon M1 rolls out GSM 1800 network to replace CDMA
      383 8  -  By' Teh Hooi Ling MOBILEONE is rolling out a GSM 1800 network and hopes to transfer its CDMA users to the new network by end of next year. Ml has to shut down its $140 million CDMA network as it has
      FILE PHOTO  -  383 words
    • Article
      Lock icon Asean law officers exchange ideas
      209 8 GOVERNMENT legal officers from the Asean countries came together in Singapore yesterday as part of a plan to promote understanding and appreciation of one another's legal systems. They took part in a seminar at City Hall Chambers that was opened by Minister of State for
      209 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      31 8 ITODAY©ft^4tf. Ilianhe Zaohao Big fluctuations in prices of local raw materials ft)r plastics ::.r iH PROPERTIES The Straits Times Classified. Classifications 402 568. fa CATS. Buy It. SeO It. Find It.
      31 words
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      Lock icon Page 8 Advertisements Column 2
      226 8 27th November 2000 Holiday Inn Park View 9.00 am 5.00pm Conducted By: DR. BO EDVARDSSON DIRECTOR OF SERVICE RESEARCH CENTER, SWEDEN FEES: S$ 490.00 per participant (Inclusive of lunch, 2 coffee breaks, training material and certificate of attendance) COURSE CONTENTS 1. Modern Management Thought And Complaint 4. Customer Focused Complaint
      226 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Study on land me ongoing
      241 9  -  Ang Hwee Suan (Ms) Head, Public Relations For Chief Executive Officer Chief Planner Urban Redevelopment Authority I REFER to the letters "Enough facilities for non-golfers", "Not that many golfers in S'pore" and "Forget extra golf courses; have more public parks" (Mailbag, Nov 4) and "Golf
      241 words
    • Article
      Lock icon Spare a thought for estate agents
      323 9  -  Vincent Tan Chee Kian I REFER to the letter "Use the Net for property sale" by George Ow Soon Beng (Mailbag, Nov 10). Has it occurred to anyone how would one feel if everyone in your company proposes cutting your pay? How would anyone
      323 words
    • Article
      Lock icon Hiring a property agent has benefits
      382 9  -  Ease Soh Singapore, via Internet I WAS an agent and sold my parents' house six months ago. Like most sellers, I thought that no agent was required as 1 knew all the procedures and that an agent's work was just to advertise and conduct
      382 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      67 9 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 *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
      67 words
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      Lock icon Page 9 Advertisements Column 2
      52 9 &>WiMrt* L *4? fl j jjmfe B I ■jUt,"" 7 Jj.. "■■■'-0 1 •P*"' *-< j-i I v v I At DHL, we collect when it suits you. So instead of waiting at the office, DHL helps deliver you home to your family earlier. For more, just call 1800-285 8888
      52 words
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  • FOCUS property
    • Article
      Lock icon Knight Frank seals 2 collective sale deals
      346 10  -  By\ Kalpana Rashiwala IN what is probably Knight Frank executive director Francis Lim's swan song on the collective sale scene, the firm announced yesterday it has sealed two deals. Bee Hwa Court in Oxley Road has been sold to listed construction group Hor
      346 words
    • Article, Illustration
      Lock icon Singapore faces a tourism quandary
      643 10  -  (comment PROPERTY Is bigger really necessarily better when It comes to the Republic's floundering theme parks? lee han shih SINGAPORE'S leisure and entertainment industry seems to believe in the "Godzilla principle", namely that size matters. And when a project is in danger of failing, a
      FILE PHOTO  -  643 words
  • Page 10 Advertisements
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      326 10 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions Including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
      326 words
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      Lock icon Page 10 Advertisements Column 2
      438 10 f /M Tones Lang m a 111 V» I w LaSalle. I I At 79 Robinaoa Road, CPf Bailing B-storey Commercial Building I #01-01, #01-02, #81-00, #82-00 with Promiaent Fnmtaga I Lease of 99 yrs less 1 day from 1(V1/1968 Walking distance to Bugis and I Next to Tanjong PagarMßT
      438 words
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  • e-NEWS
    • Article, Illustration
      Lock icon Switzerland delays bidding for four mobile phone licences
      645 11 ZURICH It will probe for possible illegal agreements between operators colluding to withdraw from yesterday's auction AFP Bloomberg Reuters SWITZERLAND postponed an auction for four mobile phone licences at the last minute yesterday, signalling it would investigate whether bidders had withdrawn in
      AFP; Bloomberg; Reuters; FILE PHOTO  -  645 words
    • Article
      Lock icon eBay not liable for bootleg music sold on its site
      396 11 NEW YORK NYT IN a decision that could set the stage for how courts respond to accusations of fraud in online auctions, a state judge in San Francisco ruled last week that eßay could not be held liable for bootleg
      NYT  -  396 words
    • Article, Illustration
      Lock icon Gates speaks of Web sans browsers
      601 11 LAS VEGAS He on veils clipboard-shaped tablet PC at Comdex AP LATWP STEERING clear of present battles, Microsoft founder Bill Gates opened the Comdex technology show with his traditional glimpse of the future, which this time included a clipboard-shaped computer and a new era
      AP; LATWP; REUTERS  -  601 words
    • Article
      Lock icon Tom.com aims to cut costs by half this year
      278 11 HONGKONG Bloomberg TOM.COM Ltd, the Internet venture whose shares have lost more than half their value since they began trading in March, will cut operating costs by half this year as it seeks to break even by 2002. "We will have
      Bloomberg  -  278 words
    • Article
      Lock icon DoCoMo eyes Taiwan operator
      324 11 TAIPEI It'aplamiagtebiqr 20% «f KG Tetocun tulip to 60b yen FT Bloomberg DOCOMO, Japan's leading mobile phone operator, is poised to take a 20 per cent stake in KG Telecom, Taiwan's fourth largest operator, for up to 60 billion yen (Ss96B million). KG Telecom declined to
      FT; Bloomberg  -  324 words
    • Article
      Lock icon Coming soon: .web, .biz, .nom and .union
      385 11 MARINA DEL REY, California Internet naming agency meets to approve expansion of Web names AP TO relieve overcrowding in dotcom addresses, the international organisation in charge of Internet names could select several new suffixes by week's end. The move would represent the first
      AP  -  385 words
    • Article
      Lock icon New rules needed to tackle e-commerce disputes
      338 11  -  By D Ravi Kanth in Geneva SINGAPORE'S Subordinate Courts, now in the forefront of online mediation and virtual e-commerce dispute resolution, has urged leading international arbitrators to evolve an "efficient,effective, flexible dispute mechanism" to tackle disputes arising from Internet-driven global commerce. Audrey Lim,
      338 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon The US system: not perfect, but not bad either
      831 12  -  STTT^r bottom line OPINION leon hadar The writer is BT's Washington correspondent US GOVERNMENT-FUNDED "democracy watchdogs" are always ready to be dispatched to places like Panama and Venezuela, to help monitor elections in these countries and ensure that they are conducted
      831 words
    • Article
      Lock icon IN OTHER WORDS
      75 12 'If America believes that this is a viable system, so be it I did not expect that so many stupid mistakes were possible.' Jmnber Inasaridze from the former Soviet state of Georgia, in the US to observe the democratic process. This just proved that the Electoral College
      75 words
    • Article
      Lock icon Thais set to clean up politics
      621 12 EDITORIAL ATOP official of Thailand's election commission, Sawat Chotepanich, issued this stem warning last week, ahead of the general election on Jan 6: "We will schedule a fresh vote again and again, until election cheats are thrown out of the race." The independent election
      621 words
    • Article, Illustration
      Lock icon The case against zero inflation
      1141 12 An inflation target of 2% may allow enough room for both wage flexibility and low interest rates The Economist ALL central bankers agree that price stability should be the primary goal of monetary policy. But what exactly does "price stability" mean? This question was debated
      The Economist; REUTERS  -  1,141 words
    • Article, Illustration
      Lock icon An electus interruptus that was destined
      749 12  -  COMMENTARY It feels almost like a protest vote; they were lacklustre, so we were lukewarm By] Maureen Dowd NYT [WASHINGTON] Sure, we were ambivalent about these guys when we voted. But now we've had a chance to watch them in a state-of-the-art crucible. And
      NYT; REUTERS  -  749 words
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  • REGIONAL news
    • Article
      Lock icon Ibra to decide on how to sell off Indomarco
      667 13 IMDON RESTRUCTURING It will decide in 2 weeks whether to hold an IPO or make a private placement Bloomberg [JAKARTA] The Indonesian Bank Restructuring Agency (Ibra) will decide in two weeks whether to hold an initial sale of PT Indomarco Prismatama
      Bloomberg  -  667 words
    • Article
      Lock icon Timor car project debt restructured
      202 13 JAKARTA Reuters INDONESIA'S powerful Financial Sector Policy Committee yesterday said it had agreed to restructure U*****.5 million (*****.4 million) in debts of controversial carmaker PT Timor Putra Nasional (TPN). Timor Putra, Indonesia's fledgling national car project, was once controlled by former president Suharto's youngest son
      Reuters  -  202 words
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      Lock icon Proton is open to foreign partnership
      165 13 KUALA LUMPUR PERUSAHAAN Otomobil Nasional Bhd (Proton) wili consider a foreign partnership if the alliance makes commercial sense and provides value to the company and Malaysia, the Malaysian Business Times reported, quoting Proton's chief executive officer Mahaleel Ariff. "We work with the Italians, the
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      Lock icon Brit Tel to evaluate Asian assets before selling stakes
      464 13 KUALALUMPUR It will focus on developing its businesses in W Europe, Japan Bloomberg BRITISH Telecommunications Pic said it will evaluate its investments in Asia before deciding to sell stakes in companies such as Maxis Communications Bhd, Malaysia's secondlargest cellular company. The
      Bloomberg  -  464 words
    • Article
      Lock icon Commerce Asset's net profit jumps to RM501m
      268 13 KUALA LUMPUR Reuters MALAYSIA'S second largest banking group, Commerce Asset-Holding Bhd, yesterday posted a big jump in ninemonth profit, saying the momentum of growth was expected to prevail in the full year. Net profit for the nine months to Sept 30,2000, soared to
      Reuters  -  268 words
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      Lock icon Protesters demand Gus Dur quit
      241 13 Reuters [JAKARTA] Thousands of angry protesters demanding President Abdurrahman Wahid's resignation messed up part of Indonesia's Parliament yesterday. Wearing white headbands, the demonstrators smashed lamps and chairs in the lobby of the parliamentary complex. Outnumbered police stood by and the violence only stopped when protest
      Reuters; REUTERS  -  241 words
    • Article
      Lock icon Philippine army on alert for anti-Estrada strike
      490 14 I MANILA Public transport likely to be crippled in 42 cities, say organisers Reuters THE Philippine army was placed on red alert to prevent violence during a general strike today to demand the resignation of President Joseph Estrada, officials said. Opposition groups, the
      Reuters  -  490 words
    • Article, Illustration
      Lock icon Apec encounters rough winds
      915 14  -  comment APEC Soinft flqvftliTrtfic pngh for early WTO nwnd; Apec hag to defend lto relevance yang razali kassim [BRUNEI] APEC ministers who had expected their press conference to be a tame affair got more than they bargained for. They found themselves having to defend the grouping
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      Lock icon Asia-Pac CEOs show cautious backing for FTAs
      482 14 ASIA-PACIFIC CEOs, meeting in Brunei for the Apec summit, have given their qualified support for the growing interest in establishing regional and sub-regional free trade areas (FTAs). In a special report to the Apec leaders who will gather here this week, the CEOs
      482 words
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      Lock icon Filipinos e-protest against Estrada
      518 14 Reuters [MANILA] The Philippines, the land where the world's most virulent computer virus was born, is fast turning into the land of cyber-protest as a campaign to compel President Joseph Estrada to resign spreads. A dozen or 90 websites have sprouted in the last month supporting
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    • Article
      Lock icon TPI faces liquidation if debt revamp plan is delayed further
      334 14 BANGKOK Bloomberg THAI Petrochemical Industry pel (TPI), the country's largest delinquent debtor, may be liquidated for less than 50 cents on a dollar if the creditors do not give a final vote on its US$3.B billion (556.6 billion) debt revamp
      Bloomberg  -  334 words
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      Lock icon Sing Tao's main shareholder in sale talks
      445 14  -  Bnt Luard Asia has not yet decided if it will sell its stake From Quak Hiang Whai in Hongkong LAZARD Asia, which is the controlling shareholder of Sing Tao Holdings, has held talks with independent parties on a possible sale of its stake
      445 words
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      Lock icon Shenzhen exchange stops new listings
      255 15 SHENZHEN Bloomberg SHENZHEN Stock Exchange will stop adding new stocks to the 486 already trading on its bourse, ahead of the government's proposal to transfer all its stocks to the Shanghai exchange. The Shenzhen municipal government—which stands to lose 720 million yuan (Sslso million) in
      Bloomberg  -  255 words
    • Article
      Lock icon CyberWorks still in loan talks, shares tumble
      370 15 HONGKONG Report says it's got USs3J>b refinancing for USs4.7b needed Bloomberg AFX-Asia PACIFIC Century CyberWorks Ltd shares fell as much as 6.4 per cent as the company continued negotiations with banks over raising a US$4.7 billion (SsB.2 billion) loan to help repay a
      Bloomberg; AFX-Asia  -  370 words
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      Lock icon China bank to accept shares as collateral
      524 15 SHANGHAI Agricultural Bank gets central bank nod to carry ont trial Reuters THE Agricultural Bank of China plans to start accepting shares as collateral for personal loans to boost its consumer credit business, the bank's head of retail banking said yesterday. Gao Honghua,
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      11 13 British Telecom starts sell-off with £460 m Swiss deal, Pg 16
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      239 13 Initial Public Offerings Seminar Corporate Fraud In Asia Seminar (Essential Components for Successful Listing) Managing the Unmanaged Risk 9.00 am to 5.30 pm, 9.00 am to 5.00pm, Tuesday, 28th November 2000, 27-28 November 2000 Inter-Continental Hotel, Singapore Hotel Inter-Continental Singapore PriceWaterhouse Coopers (CFIB) across multiple junsaicuons. As seen c c
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      369 15 LS Ifr* 4(1 i '#o** <+ jwjf Wjufitiffijr jßk JmL.* J i^r Don't be afraid to use your favourite colour. Canon Think Tanks™ printers save you money by saving ink. With conventional printers, the more of one ink colour you use, the more of the other colours you waste. Because
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  • WORLD news
    • Article
      Lock icon HP profit well short of expectations
      561 16 NEW YORK It also ends talks to buy consulting business of Price waterhouseCoopers Reuters COMPUTER and printer maker Hewlett-Packard Co yesterday reported fourth-quarter earnings far short of Wall Street expectations and said it had terminated talks to buy the consulting business of PricewaterhouseCoopers. Palo
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      Lock icon Florida deadline for manual count unfair, charges Gore camp
      756 16 US ELECTION Bush lawsuit likely to reach Supreme Court within a week NYT AP [WASHINGTON] The US election saga took a fresh legal turn yesterday as VicePresident A 1 Gore's advisers denounced as "arbitrary and unreasonable" a decision by Florida's Republican
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      Lock icon James Baker: consummate political strategist
      456 16 profile He's known for his tough negotiating style, quick mastery of conqrieytsrams [TALLAHASSEE, Florida} In his pivotal role as the man who would save the presidency for Republican George W Bush, James Baker has, in a sense, come full circle. For years, he was the
      AFP  -  456 words
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      Lock icon Opec output targets in place, crude oil steady
      482 16 LONDON Jan output cut possible to prevent price collapse Bloomberg Reuters CRUDE oil was little changed yesterday after Opec as expected agreed to leave output targets in place and ministers signalled production may be cut as early as January to prevent a
      Bloomberg; Reuters  -  482 words
    • Article
      Lock icon British Telecom starts sell-off with £460m Swiss deal
      385 16 LONDON Reuters FT BRITISH Telecom Pic yesterday said it was selling its stake in Swiss joint venture Sunrise for £460 million (Ssl.l billioh), kicking off its plan to slice £10 billion off its huge debt burden. It announced the sale of the
      Reuters; FT  -  385 words
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      Lock icon US$740m buyout offer for CB Richard Ellis
      198 16 LOS ANGELES Bloomberg CB Richard Ellis Services Inc, the largest US commercial property broker, has received a buyout offer for about US$74O million (SS3O3 million) in stock and debt from an investor group led by Blum Capital Partners. The group offered U5515.50 a
      Bloomberg  -  198 words
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      Lock icon Sumitomo Chem, Mitsui Chem in merger talks
      441 18 TOKYO Tie-up will create Japan's biggest chemical group, world's 6th largest Reuters SUMITOMO Chemical Co Ltd and Mitsui Chemicals Inc are in talks that could result in a merger in a year, the companies said. A merger will create Japan's biggest chemical group
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      Lock icon IBM to buy 3rd-party parts to beat shortage
      146 18 NEW YORK Reuters INTERNATIONAL Business Machines Corp said yesterday that it has agreed to buy extra ceramic substrate packaging for its chips from an outside supplier, to alleviate shortages of the microelectronics part that have hindered sales of certain computers. IBM has
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      Lock icon Mitsubishi doubles net loss forecast
      487 18 TOKYO It faces cost of recall scandal and shoring up pension reserves Reuters JAPANESE carmaker Mitsubishi Motors Corp delivered a fresh round of bad news to investors yesterday, doubling its net loss forecast for this business year as it faces the cost of a recall
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      Lock icon Japan's surplus widens in Sept
      336 18 TOKYO Overseas investments boost current account surplus Reuters JAPAN'S current account surplus widened for a second consecutive month in September, pushed up by returns from overseas investments, while high oil prices reined in the ti ade surplus, official data yesterday showed. The Ministry of Finance
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      Lock icon Security scream
      50 18 AP [SEOUL] A worker shouting a slogan in a rally to oppose the government's restructuring plan in downtown Seoul. A recent announcement by creditor banks identifying 52 businesses, primarily construction companies, to be liquidated instigated the current round of layoffs and failures. The headband reads "Job Security".—AP AP
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    • Article
      Lock icon Seoul may accept AIG's Hyundai demands
      431 18 SEOUL Reuters Bloomberg AFXAsia SOUTH Korea could accept demands from a US consortium to help move along its planned investment in troubled Hyundai Group units. Financial Supervisory Commission chairman Lee Keunyoung said yesterday. "We could review demands from AIG if that helps stabilise nervous
      Reuters; Bloomberg; AFX- Asia  -  431 words
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      Lock icon US regulator scales back accountancy reforms
      465 19 NEW YORK SEC abandons proposal for splitting off consultancy arms FT THE Securities and Exchange Commission will announce new rules for reforming the accountancy industry tomorrow, making significant concessions to objections raised by the largest firms. In particular, the US regulator will back down
      FT  -  465 words
    • Article, Illustration
      Lock icon London investment banking scene just like Wimbledon situation
      533 19 LONDON Reuters WHEN lamenting the City of London's lack of local talent in the macho world of investment banking, people often reach for the Wimbledon tennis analogy "played in London but dominated by foreigners". Over the past decade, revered London merchant banks
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      Lock icon M&As in telecoms industry down sharply in '00
      394 19 LONDON Firms focus on balance sheets after spending big amounts on 36 licences FT THE value of mergers and acquisitions (M&A) activity in the telecommunications industry has fallen sharply this year as huge expenditure on third generation mobile licences forces companies to
      FT  -  394 words
    • Article
      Lock icon Real-time settlement launch to go ahead: BOJ
      473 19 TOKYO Problems in previous tests raised concerns about Jan 4 launch Reuters THE Bank of Japan (BOJ) said yesterday the latest test of its Real-Time Gross Settlement (RTGS) system, fast becoming the next headache akin to the millennium bug, found no major problems
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      98 17 m v*-. 3-^n^n I I 1 m m I I 8 «9 I-1 Hih iSfeJlmk IKlßlHHßsSl^^^krii^HiiSi&SiJ I.* H m' —u~-iHilH^^k^M 1 iS'i'i M 4jfijfißaKri^l I \t.B ipgywf'pfcß *-^^^^HB9mB3|W ''*****B t-?~3E2|' 'SriH <&*&£s&:mSiiiil!!!» u«WftNt«£i£^^^^^^^^^^BiX ti,, tHMMu r v;; «W® B jfcj::::;; '"^*l^^^^ fct^^^B3KßßPjw» M^^ S*j£*. -> ■■■■■1111^ nMHßjQigt Deloitte di Tho%
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      348 18 projecteyeball. Mita(P)o77A>2/2000 MONDAY TO FRIDAY Bringing you the issues that matter I ——sr v„• 1 TWMwripfwfcrt^Wlr— qMHftiM T *'u6VRha Singapore's first integrated online/offline newspaper S Project Eyeball brings you the latest in News&Views, J£i tnmc m"ji Technology, Sports and Leisure every morning before Pbindfi M jagP%f ?*>>• W- "SI? *>"■)■■
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      635 19 af Hrc3 HUA KOK INTERNATIONAL LTD IHII (Incorporated in the Republic of Singapore) 9wd<*f 9b /Urn, NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of the Company will be held at 32 Sungei Kadut Way Hua Kok Industrial Building Singapore *****7 on Friday,
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Cracking conventional wisdom
      1198 20  -  Forget traditional theories. There's a new understanding of how businesses create value, consultant and author Barry Libert tells kbmmbth james KENNETH JAMES HE wasn't the first to notice businesses and markets don't behave the way they are "supposed" to. But Boston business consultant Barry Libert went a
      CHRIS LOH  -  1,198 words
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      Lock icon Indulging in the Henley experience
      844 21  -  The diverse mix of participants, grinding curriculum, outstanding faculty, gourmet food and picturesque environment made the 3-week programme a truly unforgettable one for RAM JIT MADAM RANJIT MADAN AS the taxi turned off the M 4 expressway to head towards Henley, the excitement began to
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      Lock icon A good mix of theory, case studies
      739 21  -  The Henley exec dev't programme comes in 3 modules By Ranjit Madan THE Henley executive development programme was basically in three modules. The first module was focused on "setting the goal and vision", which involved environmental and internal company analysis and scenario building.
      739 words
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      1714 20 ■notices To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 BHP ENGINEERING INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIYIN THAT A FINAL GENUAL NETTING OF TOE COMPANY WILL RE HELD ON THE 14TO DAY OF DSCEMBER 2000 AT 11AM. AT 10 HOB CHIANG KOAD, #I*4o
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      152 20 r THE COMPANIES ACT, CAP. 50 SYtIIUTIQ (S'PORI) rrs ltd (In titambera' Voluntary Liquidation) NOTICE Is hereby given that the creditors of the abovenamed company which is being voluntarily wound up are required on or before the 16 December 2000 to tend in their names and addreeaee with particulars of
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      147 20 r THE COMPANIES ACT, CAP. 50 SYSTKMTKQJS'PORK) PTE LTD (In Members' Voluntary Liquidation) At a general meeting of SYSTEMTEQ (S PORE) PTE LTD convened and held on 11 November 2000, the following Special Resolution was passed: SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to Section 290(1)(b) of
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  • FINANCE & commodities
    • Article
      Lock icon Weak Nasdaq drives futures lower
      287 22  -  SGX Derivatives Tmdin&Report ST Index/MSClS'pore Index Lau Chee Keong THE Singapore stock market tumbled more than 2 per cent yesterday following Nasdaq's 5.4 per cent fall last Friday. Technology stocks again led the market lower as earnings worries continued to weigh on the sector. The
      287 words
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      Lock icon Futures dive on stop-loss selling
      228 22  -  MSCI Taiwan Index Lau Chee Keong THE MSCI Taiwan Index yesterday crashed following a sell-off in US markets last Friday. The ongoing local political crisis and the election uncertainty in the US continued to weigh on the Taiwan stock market The MSCI Taiwan index tumbled
      228 words
    • Article
      Lock icon China only buyer in S-E Asian rubber market
      196 22 Reuters [SINGAPORE] All eyes in the South-east Asian rubber market are on China, the only major buyer left, while the International Natural Rubber Organisation (Inro) has resumed sales of its remaining stocks, traders said yesterday. "The key lies in China," said a
      Reuters  -  196 words
    • Article
      Lock icon CURRENCY REPORT
      335 22 Reuters London THE euro pared gains yesterday, shedding half a cent against the US dollar amid profit-taking, but wariness of renewed central bank intervention and the US electoral stalemate limited its retreat Concern that central banks may act was rife after the European Central Bank (ECB) intervened to
      Reuters  -  335 words
    • Article, Illustration
      Lock icon Untitled
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      Lock icon Untitled
      765 22 glOOM FUTURES Nov 13 ■9BBE*Wwe$desiie$al5J0Fti Om» u »g Dec 00 j«0» 2 SvS 1&75 {I muMmam** m St Jgj «J# So SS S3 SS NvM *430 MJO 183 *H t* 20 roe co*™ «*«**> M Jmi f —»asf i ok oo 32 tSS mm «°aw AS qS S £3 S
      765 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng Index plunges on weaker US, regional markets
      2689 23 HONGKONG AFP PHangSeag -***** HONGKONG share prices yesterday plunged 3.7 per cent on the back of Wall Street's falls at the end of last week and on weakness in regional stock markets. Dealers said the tone would remain negative until the
      AFP  -  2,689 words
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      Lock icon CHINA
      966 23 Reuters PSheazhaiß Index -OSI CHINA'S hard currency B shares closed lower yesterday on a technical correction triggered by falls on Asian markets, including Hongkong. The Shanghai B index fell 2.42 per cent to 73.289 as turnover rose to U5526.37 million from U5523.99 million on Friday. The Shenzhen B index
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  966 words
    • Article
      Lock icon TAIPEI
      345 23 AFP □VP Index -295.22 TAIWANESE share prices plummeted 4.8 per cent yesterday in near-panic selling following Wall Street's plunge over the weekend and a report warning of a financial crisis in Taiwan, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 295.22 points to 5,793.52, on turnover of
      AFP  -  345 words
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      Lock icon Political uncertainty weighs down Nikkei
      1970 23 TOKYO AFP QMUuiiBB -323J0 SHARE prices in Tokyo declined 2.2 per cent yesterday as domestic political turmoil unnerved investors already worried by slides on Wall Street, brokers said. The Tokyo Stock Exchange's Nikkei--225 index lost 323.90 points to close at 14,664.64. The Topix Index of
      AFP  -  1,970 words
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  • STOCKS klse
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      Lock icon KL ends lower in line with regional falls
      240 24 AFP AFX-Asia POwnposite Index -***** MALAYSIAN shares closed 2 per cent lower yesterday amid falls in other regional markets foUowing Friday's Wall Street losses, dealers said. With no other leads in the market, sentiment continues to be undermined by the uncertain outcome
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      6678 24 MDUSTBALS Cmtmm nMs 2000 LMt Vol Day Met Cep Mmi L— Ciw>l«y S* ♦<• 1IOO H» K» *n A20 3IO Attwomoto lifl 18-6 137J 670 1 4$S 4M 8-7 1«S£ 3825 2700 BATSOc 3750 SO 517 3750 3650 473 »707< 800 500 CfcCBhtfang 600 unrt 1 600 600 5870 368
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2082 25 BONDS WARRANTS Nov 13 n Mi rmml S2-M Urt M an MM 75 Mi «ar- rww I— fMMIa *■>» 1*1 S1.5 3.5 S Acrrn ******4 4 -1 45 43 4 4 6 5 413 1 300 275 2035 38 2.5 s AIITachW*****7 -3 23 25 25 29.1 1 33 >9
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      Lock icon BANGKOK
      726 25 AFP D SET Intel jj THE Thai stock market fell 2.1 per cent yesterday, in line with weakness across the region after Wall Street's tumble on Friday, dealers said. The Stock Exchange of Thailand (SET) Composite Index lost 6.05 points to finish at 287.18, while the SET 50 was
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      Lock icon MANILA
      209 25 AFP Q Composite Index -3XOI PHILIPPINE stock prices closed 2.2 per cent lower yesterday with the benchmark Composite Index falling 33.01 points to close at 1,455.94. Turnover fell to 322.17 million shares worth 686.34 million pesos from 369.8 million shares valued at 857.7 million pesos on Friday.—AFP HarU N«
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      Lock icon JAKARTA
      637 25 AFP QOwipoatebiez -X3l INDONESIAN share prices closed 0.7 per cent lower yesterday in line with weaker regional markets and Wall Street's fall on Friday, dealers said. The Jakarta Stock Exchange Composite Index closed down 3.31 points at 423.66 with 300 million shares worth 311.486 billion rupiah changing hands. A
      AFP  -  637 words
    • Article
      Lock icon WELLINGTON
      249 25 AFP Phbmo -IMP THE New Zealand share market closed down 0.85 per cent yesterday on light turnover of NZ$44 million on worries over earnings falls at home and abroad. The NZSE-40 capital index fell 16.90 to 1,971.45 with Telecom down 15 NZ cents to NZss.7o.— AFP ■wo H *f-
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      Lock icon SYDNEY
      497 25 AFP QAH Ordinaries -10 AUSTRALIAN share prices fell 0.31 per cent yesterday with banking and resources stocks coming under selling pressure. The benchmark All Ordinaries index dropped 10 points to 3,240.8, while the SP/ASX2OO fell 10.1 points to close at 3,290.8 The All Industrials closed 14.6 weaker at 5,644.5,
      AFP  -  497 words
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      Lock icon SEOUL
      308 25 AFP Q Composite Index -2<L24 SOUTH Korean shares fell 4.6 per cent yesterday with the index down 26.24 at 538.94. Volume was 271.2 million shares worth 1.4 trillion won. —AFP H»U *h Anam Semi 5200 -400 Brain Tech 625 10 Central Bank 170 unch CheH Comm ***** -5000 Da*
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  • Article
    Lock icon STOCKS sgx
    5866 27 SGXMAINBOARD Transaction date: Nov 13 er m art 52-Wk Last Vol Day Last Ouotl Mv Dtv YM Nat Cap Av* High Law Company Sala COOP) WO Law Hyr SaMsf Cvr P/C Plica MULTHNDUSTVY iUti 163 75 m c Ac ma 50c 81 -4 39 82.5 80 80 W
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      117 27 With the share trade settlement period reduced, you can still maximize your trading power. Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our Why let a shorter trade settlement period reduce your trading opportunities competitive financing, you'll also be earning daily interest
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      53 28 TO GET TO THE NEWS FAST $r j W®W j m M M m Jm OJgF A Rich Blend of Prime and World News jimp" .z, *< Jr Hot Money and Sports News r ml he Aroma L B The Many Flavours of Asian News MyMorning My Straits Times Call
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      234 29 Where to wine, dine and entertain..."-? (o® sat For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirloin.
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      31 29 7 txfitxLuici at OxckatA, t/u uunz team of pwftiiLonafyet' jL/ toydJux ones again to aoniinut. out ifiiaLaL [resTAURAWT I LfißSfiU M 60 Robertson Quay Hfj #01-13 The Quayside HRSS Singapore *****2.
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  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      929 29 830 Making Love. (UW Apartment ID. 230 Headlines Graphics. mm g.oo That's 70s Show: Ca- fL3O ID. 2.02 To 6.00 am: Real-time 0.00 AM Kids Central: Sesa- reerDav. 6.00 Selera Asia. Financial Data. me Street. 9.30 News 5 Tonight. 630 Sajian: Masak Apa?. 10.00 Teddybears. 10.00 Buffy The Vampire 730
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      Lock icon Page 29 Miscellaneous Column 2
      250 29 CRYPTIC CROSSWORD ACROSS 7 One who knocks down lots of 1 One helps people to move after a heavy Ml (10) 8 Unsophisticated bends m attrac--6 Pop hairstyle (4) tive suburban areas (5,5) 9 Strange, secret hero of sixty 11 London profits from such a tax (10) (7,5) 10 Some
      250 words
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  • NewAsiaBizWoman
    • Article, Illustration
      Lock icon Sister act that's got it all together
      1146 30  -  Three sisters who run Lim's Arts Living in Holland Village and other businesses tell oobdiiib kerk about the joys and trials of working in a family business CORINNE KERK ANYONE who has worked for a family business will tell you It can be
      CHRIS LOH  -  1,146 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      292 31 Reuters GRAIN and mineral chartering ended the week quietly on the dry cargo freight market, which also saw all the Baltic indices post losses, traders said. Tradigrain fixed 18,000 tonnes maize up river, Argentina/Tunisia November 20/30 at approximately US$29, while Dreyfus booked 12,000 tonnes wheat Texas/Cartagena, Colombia November
      Reuters  -  292 words
    • Article
      Lock icon MARITIME STOCKS
      272 31 m.u a CWT Distribution 0.60 -0.03 20 Chuan Hup 0.40 -0.01 2850 Cosco invastmant—ait unch 0 Fralght Links 0J5 well 16 Holdings 0.53 unch 0 KM Sun Hup 0.38 "0.01 1060 IMC Hotdtaqr-HK —5.60 unch 0 Jaya Holdings 0.17 unch 136 KappalCorp 3.46 -0.12 467 Kappal FELS 1.16
      272 words
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      Lock icon Asian officials meet in KL to discuss piracy
      263 31  -  By\ Donald Urquhart [SINGAPORE] As the spectre of maritime piracy in Asian waters reaches an all time high, officials from 15 countries are meeting in Kuala Lumpur for two days from today to find ways of combatting the problem. The "Experts meeting
      263 words
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      Lock icon Ship capsizes after blast
      63 31 [LAGOS] A tanker capsized after an explosion at the Lagos Apapa Port. An unspecified number of sailors are believed to have been trapped beneath the water. The number of people missing was not known, but 10people were said to have been rescued by fishermen. Workmen were
      AFP  -  63 words
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      Lock icon Derbyshire's dead crew cleared of blame
      399 31  -  UK likely to press for stricter rules for older bnlkers From'. David Hughes in London THE findings of the re-opened investigation into the 1980 loss of the 169,044 dwt double hull combination carrier has cleared the crew, all of whom died in the sinking,
      399 words
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      Lock icon Lines seek rate hikes on back of robust box trade
      755 31  -  Higher rates used to offset rising bnnker oil prices, operating costs By Donald Urquhart [SINGAPORE] Another round of rate hikes and surcharges has been annouced by the world's container shipping carriers eager to tap the strong container trade in order
      FILE PHOTO  -  755 words
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      Lock icon Explosives used in attempt to free grounded ship
      358 31 OROUNDDTO AT OUT BIBBIHB BEEF Damage to coral reef expected to be minimal AP [BRISBANE] Marine officials used explosives to blast away parts of the Great Barrier Reef in an effort to free a stranded ship. Queensland state Transport Minister Steve Bredhauer
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        Lock icon Simulators can help settle maritime disputes
        492 32  -  In a maritime incident, especially where human error is involved, a navigation simulator will be able to give us important information, writes CAPT OOP ALA EMSHMAX CAPT GOPALA KRISHNAN The writer is senior lecturer at the Singapore Polytechnic's Singapore Maritime Academy MOST if not
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          Lock icon Cammell Laird to build 2 cruise ships
          118 32 Reuters [LONDON] British shipbuilder and repairer Cammell Laird has signed a contract to build two cruise ships, the Financial Times reported. The FT said the deal was thought to be worth up to £344 million (SIB6O million) and was conditional on government subsidy
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          Lock icon German yard gets UK defence orders
          167 32 [LONDON] The British Ministry of Defence has awarded a contract to operate six civilian-manned ro-ro ferries on a 25-year contract to a consortium which will build four of the ships at the German Flensburg Shipyard. The other two vessels, which are expected to be
          167 words
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      Lock icon SHIPPING SCHEDULES INDEX
      184 32 PACE Dongnama 3 Accord 6 6 Appenship 5 ECL 4 7 ECU Line 5/6/7 Austral 6 Ever9rew 6 Ever Honest 6 Miaji SnpQ 5 BSA 7 0n<i I B'tang Mas 6 CCM 7 .Seen 3 < Mrtr,nS 6 Hangll 7 C0SC0 5 Hani* 3 CSAV 3 Heung-A
      184 words
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      Lock icon SHIPPING GUIDE
      17876 38 THEBUSINESSTIMES EXPORT ETA ETA Adverts V«s* Voyage Telephone ETA ETA Advertiser Vessel 5 SIN Desfn mn» Nam* Number Nuntter SIN ,J|gSa r I I K/B 26/12 Cho Vm HJ ROME OBW 65-325B27 1 To ABIDJAN (ABJ) 2003 Cote DMvoIre 1 07/B Hyundai mm hy commodore vj29w ts-vrm** i
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        Lock icon CONVENTIONAL WHARVES
        773 41 Vessel Voy Mo Berth Arrlvil Peprture Bt J Ray li Z1KX) 'jOl 13/11/8*0 13/11/20*0 Bt Sur Sakti m00 JOI 13/11/8*5 U/tl/20*0 Tamakgoi OCT-00 J07 13/n/8J5 8/11/18*0 Winstar 2 46S00 J03 13/11/7:15 0/11/21*0 Greatexpress 2300 J15 13/11/8:20 13/11/2359 Bayswaterl18 M0276 J02 0/11/9*0 13/11/16*0 Winstar 6 KEM13/ J» 13/H/8J0 13/H/23J0
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        Lock icon CONTAINER SCHEDULES
        1815 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Rsth SMp Yoy No Ett/Btr Ptriod Frw To Fhmm ACX OAHUA am B/ZOSO B/HOO B/MW BAM 2A 12/TOO '.VOfcW 'VOW 12/1700 tvo6» :iwcc i awoo bab* b/mm 4 ivcoo o/mw tvnw taUMT «W VCtJO n B/BM B/IUI BAM 2A B/1700
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        Lock icon GLOBAL HOLIDAYS
        136 41 Nor 28 Japan: Labour Thanksgiving Day. USA: Thanksgiving Day. Mot 90 Philippines: Bonifacio Day. USA: Thanksgiving Day. Dae 3 Japan: Culture Day. Dm 5 Thailand: H.M. The King's Birthday. Dm 10 Thailand: Constitution Day. DM 28 Japan: Emperor's Birthday. DM 20 USA: Christmas Day. Philippines: Christmas Day. Canada:
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        Lock icon COCKETT BUNKER MARKET REPORT
        784 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranees in US dollars instead of single prices ft* a more comprehensive deecription of the market Prioee shown are baaed on sveragesized stem Market movements are indi cated. The Cockett Bunker Price Index change and the
        784 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        378 41 Carta* 180 Mil 9912 0.7 I2J 0.K) 79 0.03 Mot9 DmnRt Mk Mta A* MmWm Sitail NoatawOS 1 0 0 0 0 0 1 380 AM 987.0 0J 02 0.06 27 0.02 C»a 380 Mu. 9912 0.8 16.7 0.10 57 0.04 M/Wl *1n »M/M »M» w
        378 words
    • AIR & LAND transport
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        Lock icon Virgin Atlantic to buy Boeing 747s turned down by Alitalia
        340 42 Orders for 747-400 have been slew this year, with just 11 so far AP [SEATTLE] The Boeing Co scored a hattrick of sorts in its commercial airplane division, with Virgin Airlines spurning rival Airbus Industrie's proposed A3XX in favour of
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        Lock icon China air show draws thousands
        42 42 [ZHUHAI] Visitors look at a light plane at the Third China International Aviation and Aerospace Exhibition held in Zhuhai. More than 300,000 people from 27 countries and regions visited the exhibition from Nov 6 to Sunday. AP
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        Lock icon FedEx in talks to buy trucking company
        186 42 Express firm offering USs9oom-USslb for American Freightways: report Reuters [NEW YORK] FedEx Corp, the world's largest air express package shipper, is in advanced talks to acquire trucking company American Freightways Corp for US$9OO million (551.57 billion) to US$l billion in cash and stock,
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        Lock icon New cargo airline to be set up in East Africa
        161 42 Xinhua [NAIROBI] A new cargo airline, a joint venture between Kenya Airways, the local Marinari Cargo, and the Dutch Airline KLM, will soon be set up in Kenya's capital Nairobi, the East African weekly said yester. According to the memorandum
        Xinhua  -  161 words
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        Lock icon Frankfurt airport handles record cargo
        99 42 [FRANKFURT] Frankfurt Airport achieved a new record for air cargo volumes when in July it chalked up a total of 136,282 tonnes of freight shipped. This is the highest figure it has achieved for a month. It was 14.4 per cent more than the previous
        99 words
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          Lock icon CAL raises financial forecast for 2000
          89 42 AFP [TAIPEI] Taiwan's largest air carrier China Airlines (CAL) revised upwards its pre-tax profit target this year by 33.8 per cent to NT13.01 billion (***** million), a company statement said yesterday. Its operating revenues forecast was also raised to NT172.48 billion from an earlier
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          Lock icon Macau warns of fall in air traffic
          162 42 Reuters [MACAU] Direct flights between Taiwan and China could cut passenger movements at Macau airport by up to 40 per cent, the chairman of the Macau International Airport Company said in an interview published yesterday. Joao Sousa Moreira told local newspapers passenger movements
          Reuters  -  162 words
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          Lock icon Hainan Air gets nod to open airport
          68 42 AFX-Asia (SHANGHAI] Hainan Airlines Co Ltd has received approval from the Civil Aviation Administration of China to open an airport for feeder planes in Hunan's Changsha city, according to a Xinhua News Agency report published in the China Daily's Internet edition. The airport
          AFX-Asia  -  68 words
      • Article
        Lock icon Rival consortiums to raise bids for stake in Greek aerospace firm
        233 42 FT [ATHENS] Eads, the international defence consortium building the Euroflghter, and a French-Greek consortium led by Dassault Aviation were to submit improved offers yesterday for a stake in Greece's only aerospace manufacturer. The controversial strategic sale is linked to
        FT  -  233 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2032 42 cm FU6MT ETA FlISNT ETB KZ457B *55 H24S79 2391 JS5S 1 mi rf* moor mm ibbbbb tm ututo 2230 rmm mm aao mho too ma zm tmmm ma n am m UmIiiHb S023 0M0 BMT4 BOO CZ1B MM SBB04 we U0037 SB KL0044 MS —< WM
        2,032 words
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      403 31 Ifffw rflmni ffwiifr iKwp sctiw mat nwn& ampinv* Pfl2 Virgin to buy Boeing 747s turned down by Alitalia BackPg Rival consortiums to raise bids tor stake In Greek aerospace firm BackPg The Hongkong Airport Authority will have a new RCEO as of Jan 1,2001 when David Pang assumes the position.
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      718 32 I NORTH AMERICA GULF/INDIA SUB-CONTINENT 1 [SUPER SHUTTLE EXPRESS (SSX) [OUtF KARACHI EXPRESB (Q4OQ Vfssa 1 VOY LG4 SM WAN VOT MA DMN Mi SM M 25/,0 12/1, ,4/11 PtO NHJUOYD DAMMAM 52! N/11 N/11 11/11 It/11 PtONDUOYD MAUCCA Mi IS/11 14/11 11/11 24/11 00Q NETHERLANDS 23W43 01/11 19/11 21/11
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      664 32 -Lines* services represented by JM Members of the Registry of Members oUhe liSyi Acceded Shipping figm*, Singapore log.shcs Sngapore Shipping Association Association 11 M m mum M vissa Tvoy [ha flu ra P. KIAN6 SPOtf MALI 11 Princess Lity VOBOO 13/11 15/11 23/11 H Empress Lily VO9OO 03/12 06/12 14/12
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      1102 33 SAX SERVICE (DIRECT) vbsb voy swtn ux oa* pai hou oo coi mho hi ntc AftlAK 0241 Qg/11 23/11 »/11 29/11 AftGAWtT 0241 15/11 30/11 05/12 05/12 05/12 05/12 05/12 OS/12 07/12 07/12 Ansrve 02« 22/11 07/12 12/12 12/12 12/12 11/11 11/" 11/11 14/11 14/12 AfiiwouoßE o« w7TI 2i7i2 —S7»
      1,102 words
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      1518 33 OHANJIN SHIPPING iQFI HANJM SHIPPING 5) PTI ntWWiSl^lUHl ITO NW USA A j CANADA* fMVSI/VOT IM ™"3T PM CM MSP PIT NT Mi PM MM I TVI TU. TTZ HJUOHSUNGOSM 11/11 12/11 I HtKT 31/11 11/11 N/12 N/11 N/12 N/12 N/11 N/11 N/15 N/11 N/11 I W/ll 07/11 07/12 H
      1,518 words
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      1340 34 C SENATOR LINES TO UK/CONTINENT TOMEOTTERRANKANCANADA VESSEL VDY »T L£H HTM WW HAW BHV FIX tt«a VOY SM BIT Wt FOS W£ MTU POHANG SENATOR 001<W 14.11 01.1? 02.12 #4.12 06.12 00.12 07.12 CHOYAMG WORU) OOCW 10.11 01.12 01.12 07.12 00.12 10.12 TRADE FIIRNrTY 0029W 17.11 1112 11.12 07.12 00.12
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      814 34 m.MaC-HEIS S»PORE M'SIA I CaiTtor MR CONTf! LHfIES, INC p. qudanq: (07)*****26 ~NV\~ J cmmkfmmmmm s«U:(oe4)3i6i79 hianka: (632) *****24 W V PENANQ: (04) *****36 BANGKOK; (662) *****57 SURABAYA: (31)*****11 P. KELANQ: (03) *****77 JKT (21)*****46 KOCWWO (062) *****1-3 BELAWAN PORT KLANG MV "QING SHAN'' V.0028 MV "ALLIGATOR UNITY" V.l 79S
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      693 34 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO. MUMBAI£OLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN I.C.D. POMTS-« VMMI S PORE N. SHEVA COLOMBO P.KLANG FRONTIER V.lOl 20 NOW 28 NOV 03 DEC 09 DEC PU GLORY V.lOl 20 NOV 05 DEC 10 DEC 10 DEC CALLING P KLANG 27 NOV
      693 words
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      1592 35 IVESSa VOY I KHH I HKO I SW I PKL PX» U» P** —< "I IRAN HORMOZGAN PCL-181 14/11 15/11 1»/11 19/11 26/11 27/11 29/11 01/12 IRAN TEHRAN PCL-182 21/11 22/11 25/11 26/11 03/12 04/12 06/12 00/12 IRAN TABATABAEI PCI-183 28/11 29/11 02/12 03/12 12/12 13/12 15/12 17/12 IRAN KERMAN
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      1249 35 TO: COLOMBO 1 jky EVIKY MONDAY I (T/T; 4 MYI) J I GiNOtAL AGENTS IN SMGAfOKI: MROMNSONRD TIL 226 1900 FAX: *****08 OUTWARD (IA) *****02 eifcil Mll COSTAR SNIPPING PTE LTD *12-00 SALfS/BCGS *****57/43 INWARD KPT (l>/0) *****86 COSTAR AGENCIES (M) SDN BHD I ™nmEXm SiSpO«O6B»W COIMNTIONAI *****01/850 T/SHPMT pgr
      1,249 words
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      751 36 juNißoomx* jyu am p/n »/n oi/i? wiT m/ii iiyii oyi2 B uummamm 19/11 oi/i? oyi? oyi? v/i? oi/n M? w/i? W? B nummmam 2/11 ami nyi? i?/i? lyn iyi? 14/1? w? M? fl mMYOPiwE oyi? iyi? iy/13 iyi? ?i/i? ?yi? 21/12 n/\r x/\7 fl tTusamgorojoiw M? 22/12 wi vi? 20/1?
      751 words
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      358 36 IPPORI IvESSB VOYAGE SOP CM DW JU ABI DBN lAN KM NXV B IMG HE 01 HO 17/11- Wll- 30/11 04/12BIMASng 043M27W 20/11 2i/ll 2»/ll 30/1101/12- BjNANGa 0151-02W 21/1125/1101/1? IK/I? fIIMHE OIISW 24/11 05/1?- 07/12- 11/12BUNADBIT 04NM2SN 27/11 01/1201/12- 07/12 00/12 BIMPOPUAIOIS2-002W 02/12 00/12- 11/12 fl Also accepting cargo to
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      683 36 jha mi m m mi un_ rasa wr m *r r* MuaiLi ul.mj —m =—izm_ ,7,'4 S M n JfflOflHL: ffU__UAJ 1101 SKsr M? MI Jsi ixmihu* ms—Mi m =—ml- SMB# R Hm! jjfl quo* wu»» l*_ juj m —ml. )g ijffl =Mz=-^— mmnw %i* if/ii n/ii nni imi—i i«b
      683 words
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      514 36 INDONESIAN^ONAn!INE^ ITO AUSTRALIA va wt w i w m ti> i m m. m rommum ss qhii/ii a/11 wii «/ii os/n mNorr nT »/n n/11 »/n S/n S/ii m/ii nam "mT p/iiwii m/» h>/» iv» ww BS W/IIW/I1 11/11 I//11 H/ii n/itp~ FEEDER SERVICE TO INDONESIA T~~~~ vii wt mm
      514 words
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      493 37 BSA x Wm MYANMA «BBk FIVE STAR LINE (Myaanor National Um) Loadiag for Yaagon VESSEL VOY SM PU PIN PGU MONG LA JAW SU) PAGAN 285W SU> MALAYSIA AGENTS: OOUSTEAO SMPPMG AGENOES KUL TB. 03-*****00 PEL TU 03-3176*101 PEN: TH 04-*****02 PGlfc TEL 07-*****21/4 BANK LINE (A strvkt of Aa4r«w
      493 words
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      1251 37 HYUNDA^AERCHA^nj\AARjNECO^TD^^^^^^ Ivßsa vor Iswl sou Im I »ra I ant I nan ]wv wr sow ml ran ant immm brv |al HTMMN awT 14/11 M/ 12 B»/H 04/11 07/12 KB MS 01« 27/11 B/W H/M 15/11 Aft KXITI VLO23W 17/11 01/11 01/11 09/11 OS/11 AfIHANa 0M 23/11 10/10 15/10 »/W
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      701 37 vtf/v WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA £WI >o*o HIAVYUfT StKVKt* [msa VOT I RAMP HBGHT |Si| IK MAO MI4 SAV |BM OCT HYC »00 TALAKTT AHO24 4001 M 6JM 11/12 17/01 20/01 22/01 24/01 25/01 27/01 31/01 05/02 TAMfHtt AMIOI 4001— 4JM 24/12 1 25/01 |02/02 05/02 07/02
      701 words
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      103 40 Qj&M SINGAPORE PTE LTD #f N KYOWA LINE 15 McCallum Street #03-01/02 Natwest Centre Singapore *****9 Fta (M) *****66 Email: ceMraWMMtaMIMJMt website httpy/www ecuitne.i»et Direct Breakbulk/Container/LCL INDONESIAN PORTS Service to Banjarmasin/Jambi/Palembang/ Maniia/Guam/Saipan Panjang/Pontianak/Perawan/Pekan Baru Ajeno v-Grow Shipping Pte Ltd Call: 220 3373 s«e Page 7 Pally STANDARD SHIPPING RCL's Steaming
      103 words
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  • Page 41 Miscellaneous
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      119 41 LEGEND- issued by Meteorological Service Singapore K Thunderstorm RakT 0 Temperature n C~/^ Wjnd direction and speed in knots 88,0 Weather Cloudy Day c><3 Hazy Sea Conditions Wind speed symbols j siignt < 1 2m O Full circle w/o line indicates calm or light and variable winds halt Heche represents
      119 words
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