The Business Times, 23 November 2000

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Total Pages: 79
1 80 The Business Times
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  • Title Section
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    13 1 THE BUSINESS TIMES MITA (P)035/12/1999 Internet: http://business-times.asial .com.sg/ SINGAPORE THURSDAY, NOVEMBER 23, 2000
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  • Article
    Lock icon MARKET SUMMARY
    71 1 D vmjn (-mi) mm mil (-0.06) INDEX FDTUKES mm ijioM (-23.00) n sntsci FUTURES mm (-2.80) STOCK MARKET INDICES Wednesday Change KLSE OOMP 728.67 *41 NIKKEI 226 14*111 -167.16 HANG SENG 14,***** -416.7$ SET INDEX *****-—---3.48 JAKARTA COHP __43L76 +6.18 MANILA COUP —1.456.66 +7.66 TAIPEI WPI 5.130.61 +27.61
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  • Article
    Lock icon FINANCE
    73 1 FOREX BATES ust S» u» im £(U8$/SSpcrH 1.4W 1491 EURO(US$/SS/E) 0.846 1.466 DM 1311 1JHI YEN 110.0 62.70 RM 1800 1161 HK$ im 4.443 BABT MM 25.00 RUP1AH 9.466 M86 PBIHE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.89 MANILA IL00 HONGKONG 8.50 TAIPEI 7.84 SYDNEY .8.50
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  • Article
    Lock icon Jardine offers no premium in CCL bid
    1045 1  -  Major shareholder EON and others likely to snob $3.30-a-share bid By Christopher Tan [SINGAPORE] As widely speculated, Jardine Strategic Holdings a substantial shareholder of Singaporelisted Cycle Carriage Ltd (CCL) made a takeover bid for the blue-chip motor-based company yesterday. But coming as a
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  • Article
    Lock icon Wall St dives on Gore's Florida court victory
    549 1  -  Uncertainty will keep stock buyers at bay: strategist From Catherine Ong, Leon Hadar in Washington WALL Street reacted adversely to prolonged uncertainty in the US presidential election yesterday and the prospect of a victory for vicepresident A1 Gore after Tuesday night's decision
    549 words
  • Article, Illustration
    Lock icon Tee Yih Jia clinches top enterprise award
    567 1  -  Univac, Speedy-Tech come in second and third; ECnet takes top dotcom award By] Eugene Low [SINGAPORE] Tee Yih Jia Food Manufacturing has been named Singapore's most enterprising privately-held company in this year's Enterprise 50 (E5O) awards. The company, which produces a wide variety
    ARTHUR LEE  -  567 words
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      106 1 Exec Suite Hi c IB u^klil New demand for industrial space. Cover story Top stories .>: Hai Sun Hup chief flHfl threatens ■RV to privatise CTB company. fLjM l 7 HI Market unmoved by new takeover guidelines. I*4 i i h** > :t Ajs i Tom.com buys stake in weekly
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      7 1 Gore-Bush dispute still rages on, Pg 12
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      85 1 BCnet tajik inaugural Enterprise 60 dotcom list, Pg 8 EutMjplM oQspecial nvplemcßt Free with today's BT. Make sure you get your copy V L CAR! < n i t \ir < > k v! v t i i r\ 11 'i i i i \< s <' St ub a
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  • NEXT page
    • Article, Illustration
      Lock icon Tom.com buys half of Chinese magazine
      722 2  -  Deal with Ming Pao signals boost for Li Ka-shing's loss-making portal From Quak Hiang Whai in Hongkong LI Ka-shing, the richest man in Hongkong and a favourite target of pro-democracy newspapers, has always maintained that he is not interested in the media business but
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    • Article, Illustration
      Lock icon Tale of two e-shopping surveys
      583 2  -  I I comment TECHNOLOGY kenneth james BOUGHT a book or CD off the Web recently? You're in good company. You're also part of an increasingly important group that the experts still don't quite understand, if two recent surveys of online shopping are anything to go
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    • ON THE grapevine
      • Article
        Lock icon Beatle belittled
        159 2 THE late John Lennon is revered the world over for his musical partnership with Paul McCartney in the Beatles. Numerous books have been published on his life, the latest being Lennon Remembers by Jann Wenner. However, columnist Julie Burchill is scathing in her review that appeared in the
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      • Article
        Lock icon Plum ideas
        84 2 HERE'S a whiff of what it's like at the Ministry of Environment, or at least in parts of it. As one reporter walked into a conference room the other day for a briefing on staff suggestion schemes and work improvement teams, she was hit by an overpowering smell
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      167 2 *0§& v V jr 4r m i> V-\rSHft v Kt vHPi mm V 'f^^^jK^'^Ki^^ W K w 8 w -<2* 3* jB I Jp 8 m f v V-*t BHsl mSBi jHK fl rlf mml i RflPl dMIIBIIIir J3|»\ ,9|Bf ■•'l^^Hff'-J' ftf i*a iHHHK "ji% Jhh I I j| n
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      115 2 Stock Challenge Top Performer*; Nov 22 NAME GAIN 1 Ms Chai Pin Ping 258,430 2 Mr fan Kok Lim 77,682 3 Mr Aaron Lim 88,373 Mr James Yeo 53,008 5 Mr Lim Seng Huat 51,699 6 Mr Danny fan 44^357 7 Mr Hubert Yong 43,122 8 Mr Zhou Hong 40,393
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  • ASEAN informal summit
    • Article, Illustration
      Lock icon Bilateral FTAs as building blocks
      864 3  -  >11 comment ASEAN Hie time ha* come for integration to take on a wider meaning yang razali kassim AT the Asia Pacific Economic Cooperation forum summit in Brunei last week, sub-regional and bilateral free trade arrangements (FTAs) became a hot topic. Against the backdrop of
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    • Article
      Lock icon Bridging Asean's digital divide
      946 3  -  e-Asean's success will help promote regional integration, reports tamo mcbm YANG RAZALI KASSIM IF THERE is going to be one big concrete project coming out of the Asean Informal Summit (AIS) in Singapore this week, it will be the eAsean Initiative. A bold plan to promote
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  • Page 3 Advertisements
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      151 3 www.cartier.com Singapore Ngee Ann City Tel 734 2427 Hilton International The Shopping Gallery Ground Floor Tel 235 0295 FREE GIFTS. DISCOUNTS. VOUCHERS. PREVIEWS. INVITATIONS. UPGRADES. PRIVILEGES. FREE GIFTS. DISCOUNTS. VOUCHERS. PREVIEWS. INVITATIONS. UPGRADES. PRIVILEGES. FREE GIFTS. DISCOUNTS. VOUCHERS. PREVIEWS. FREE GIFTS. DISCOUNTS. VOUCHERS. PREVIEWS. INVITATIONS. UPGRADES. PRIVILEGES. FREE GIFTS. DISCOUNTS.
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  • SINGAPORE companies
    • Article
      Lock icon Market barely stirs over new guidelines
      383 4  -  Banks unaffected despite standing to gain from partial takeover ruling By\ Siow Li Sen ACCUSTOMED to instant windfalls from takeover situations, a disappointed stock market yesterday ignored the introduction of partial takeovers, even though it is likely to spur corporate activity. Though banks and
      383 words
    • Article, Illustration
      Lock icon Omni, Gul and PCI shares collapse on JSH news
      291 4  -  TAKEOVER PLAYS By R Sivanithy RECENT popular takeover plays Omni Industries, Gul Technologies and PCI Ltd yesterday all saw their shares collapse after news that Jardine Strategic Holdings (JSH) will make a cash offer for Cycle Carriage Ltd (CCL) at $3.30
      Source: Bloomberg  -  291 words
    • Article
      Lock icon Osprey suspended at $1.01 high
      272 4  -  By: Ling Su Ann SHARES of Osprey Maritime were suspended yesterday at a 17-month high of $1.01, reigniting rumours of a takeover bid being mounted by majority shareholder World Shipholding. According to a statement filed with the Singapore Exchange, the company had requested its shares
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    • Article
      Lock icon Baker Tech absorbs rigbuilder PPLS in $27m deal
      341 4  -  By David Boey BAKER Technology, a Ses-daq-listed yet low-profile maker of trailer components, announced yesterday that the business activities of one of Singapore's largest private rigbuilders, PPL Shipyard (PPLS), has been absorbed into its revamped corporate structure under a $27 million deal.
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    • Article
      Lock icon Opening the floodgates to corporate takeovers
      862 4  -  lock siew] paul thompson PIRST impressions are often misleading. What looked at first glance like a benign tweak to the guidelines relating to partial offers where one company makes an offer for less than 100 per cent of the voting shares of another may
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    • Article
      Lock icon SGX's public offer of 75m shares 6.2 times subscribed
      415 7  -  Two SGX directors, underwriter Lain Chang, Kim Eng also applied for shares By 1 Serena Ng THE Singapore Exchange's 75-million share offer to the public met with a healthy subscription rate of 6.2 times. The subscriptions included 3.3 million shares applied
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    • Article, Illustration
      Lock icon Hai Sun Hup chief threatens to privatise company
      762 7  -  He is disappointed with the market's perception of the stock jft/i Conrad Raj DISAPPOINTED with the market perception of his company, Hai Sun Hup chairman and main shareholder Ow Chio Kiat has threatened to take the company private. Speaking at the launch
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    • Article
      Lock icon GB Holdings posts 5% higher interim
      249 7  -  By. Andrea Tan MOTOR yacht and power boat builder GB Holdings' interim net profit inched up 5 per cent to $5.2 million. Turnover for the six months ended Sep 30 rose 9 per cent to $38.4 million thanks to healthy demand from its major
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      338 4 The Choices. The Solution... mil MANACfMINI *11* Independent m« The Financial Planning Division of Lum Chang Securities Re Ltd ACM Funds The Investment Professional's Choice H ABNAMRO Asset Management With literally hundreds of financial products COMMERZBANK ii%. to choose from, now's the time to invest for ASSET MANAGEMENT your future.
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  • Page 5 Advertisements
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      137 5 I Lab Morgan The New York incuKttor" I SynDirect™ 1 H I I I I Icredrtsrl tran«actplus- I I I IH@I£IIZ@N I Ips, b* A YIMMS tHHkHi fee U. Mvpn i j£g-" nies you've ie world's financial »»o—B JPMorgan nHBHm ©2000 J.P. Morgan Co. Incorporated J.P. Morgan Securities Inc., member
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      384 6 Stocks Volume Chart Semiconductor 26c 27,367,000 OUB DB eCW*****3 22,169,000 PCI 25c 21,299,000 Omni Ind 10c 15,585,000 Gul Tech 20c 12,150,000 Vickers Capital 25c 12,047,000 GES Intl Ltd 20c 11,565,000 STEngg 10c 10,828,000 PacificCenturylOc 10,678,000 NOL 9,383,000 Stocks Chart Semiconductor 26c 182,968,055 Omni Ind 10c 51,438,600 NatElec 10c 31,863,100 STEngg
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    • Article, Illustration
      Lock icon CCL takeover offer; US poll impasse drive market lower
      595 6  -  I=i i comment STOCKS r.sivanithy THERE was not much to fire the imagination in the local stock market yesterday as the impasse over the US presidential election continued to weigh on global equity markets for a third week. Trading was tentative
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    • Article, Illustration
      Lock icon Gul numbers not compelling enough for bargain-hunting
      180 6  -  WARRANT WATCH By R Sivanithy THANKS to the recent takeover of NatSteel Electronics at a handsome premium, penny stocks like Gul Technologies and PCI had until yesterday risen sharply in high volume as punters jumped on board in the hope that both counters
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    • Article, Illustration
      Lock icon Chartered a good long-term buy
      248 6  -  HOT STOCK By\ Serena Ng THE stock of Chartered Semiconductor Manufacturing yesterday slumped to close at another year-low, and more downside can be expected. The counter ended 50 cents down at )6.50 on an active volume of 27.4 million shares. It had hit the $6.55
      248 words
    • Article
      Lock icon Market Notices
      141 6 < ♦GOODWOOD Park Hotel V iwill go ex-dividend (second Jan 10 and date payable is Jan 19,aw.V lyyT ♦HOTEL Malaysia will go La, y: ex-dividend (second and final] f dividend of 40 centa) on Jan > 2001. Last day for buying-in on a cum basis is Jan 10
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    • Article
      Lock icon US$ edges down against yen on holiday-eve profit-taking
      433 6 AFP [TOKYO] The US dollar edged down against the yen yesterday in Tokyo from Tuesday highs in New York, as investors took profits ahead of a holiday in the United States and Japan. But despite easing on Tuesday trade, the US dollar
      AFP  -  433 words
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      120 6 Never has the competition for business jn s hjp repair and conversion been l V. With more new shipyards entering the (ray, prices tumble while rite and time frames W m shrink. Now ifs all hands to the m ■wwmps to secure new business! Times' team of I ■fcawy writers
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      Lock icon Page 6 Advertisements Column 2
      62 6 Grow Your CPF With eiBht Important All application for units in eight must lx? ituklc on the application fotms accompanying flu pio.pedus Investots must iok! Hk' piospectus The value of the units ana tin income ftom tiieni may (all a well as rise; >I<! H '.NI-iAI Jt TRAVEL GUIDE The
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      100 7 iTmSSn.' gjj~ in iiriiT to inm\i I 111 km Til VOLVO for life DRIVE IT AND YOU'LL UNDERSTAND. jj* >-• 4* r t I■. r /v </ry V t^Ky VOLVO THE NEW VOLVO S6O INTRODUCING THF VOLVO S6O. IT HAS THE SLEEK Al LURING LINES OF A COUPE YET IT
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      11 7 Hal San Hup launches shipping, logistics unit, Shipping Times Pg 1
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  • SINGAPORE news
    • Article, Illustration
      Lock icon ECnet tops inaugural Enterprise 50 dotcom list
      469 8  -  AsiaTraveLcom and Commerce Exchange take 2nd and 3rd positions respectively Reports by, Andrew Wee ECNET Ltd took the top spot in the inaugural Enterprise 50 dotcom list announced yesterday. A sister list to the Enterprise 50 list, E5O dotcom aims to give recognition
      SIEW YAW HOONG  -  469 words
    • Article, Illustration
      Lock icon ECnet raises $30m in fourth round of funding
      306 8 ECNET Ltd, an online supply chain management services company, yesterday said it has raised $30 million in its fourth round of funding. The company's new investors include the Singapore government's GIC Special Investments, listed JIT Holdings and Flextronics International, one of the
      FILE PHOTO  -  306 words
    • Article, Illustration
      Lock icon UK-based GeneMedix to be first biotech listing on SGX
      617 9  -  Firm aims to tap USslob market for generic versions of branded therapeutic proteins nsing recombinant DNA technology Reportsbbyy y Ven Sreenivasan UK-BASED biogeneric pharmaceutical company GeneMedix has launched a book-building exercise for a dual listing of 25 per cent of its
      FILE PHOTO  -  617 words
    • Article, Illustration
      Lock icon Nasdaq biotech rally points to big potential for GeneMedlx
      406 9 IF the performance of Nasdaq-listed biotechnology stocks is any guide, GeneMedix stocks could treble in price within the next two or three years. Nasdaq's biotech sub index has risen by 270 per cent since the beginning of 1998, compared to a
      Source: Bloomberg  -  406 words
    • Article, Illustration
      Lock icon StarHub sees $250m flowing in every year
      843 10  -  It made $21m in Sept, six months after starting operations 50% from consumers, 20% from businesses and 30% from wholesaling to others w Teh Hooi Ling STARHUB, Singapore's second full-service infocommunications operator, says it will rake in recurring revenues of $250 million a
      FILE PHOTO  -  843 words
    • Article, Illustration
      Lock icon HDB flat owners appreciate quality of their homes, says Mah
      241 10 OWNERS of Housing and Development Board (HDB) flats are appreciative of the "quality and value-for-money homes that our public housing programme offers", Minister for National Development Mah Bow Tan said yesterday. Mr Mah was speaking at Home and Decor Magazine's
      241 words
    • Article
      Lock icon Ground rent to be lifted on all land sold by the State
      372 10 GROUND rent will be waived from Jan 1 next year for all land sold by the state. Such rent for land sold on or after March 16,1992 was already waived from Jan 1, 1992. The latest waiver applies
      372 words
    • Article, Illustration
      Lock icon Sea cargo up 0.9% while air cargo soars 14.6%
      303 10  -  ■N i J un the economy cargo handled By Marissa Chew REFLECTING the higher level of economic activity, the amount of cargo handled by sea and air rose in the third quarter from a year ago. According to statistics compiled by
      Source: ministry of Trede & Industry  -  303 words
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      185 8 IgSgH^HB BHk J9HH| V I^HHhhbm nH Hi HR BR HBHM HHHHHH Why Waste Valuable Time IDD Rate Hunting? With ZONE 1511 You Can Enjoy The Best Available Rates. ZONEISII is the world first service that does away with manual rate comparisons. This unique technology j rr p, £££U» oliss t
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  • Page 9 Advertisements
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      103 9 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
      103 words
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      227 9 TVestfmst Wine Cooler Made In Denmark It BVKS 670 Double Solid Doors Size(mm): 1850 x 595 x 595 Capacity 160 x 0.75 i bottles BVKS 611 $1290 (Single Solid Door) Capacity: 120 xo7s< bottles VKGSII $1450 (Single Glass Door) Capacity: 120 x 0.75< bottte6 VKG 571* $1690 (Single Glass Door)
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      122 9 fmm '•'*V. DANIEL ROTH "Premier" Exclusive Daniel Roth module. Tite dragging retrograde hour hand advances 2TO 0 to return instantly to its gK 1 point of departure before continuing its course. Date o'clock. Bk 'S| -j* vBB H? JsP >:^ #1 C <&*. M %,,,.>>;, JV !i ,*<PN* Jfpr wO^K/
      122 words
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      282 10 Mice and CEOs found to be alike. Sniff Do your employees fear or resist change? Do your employees turn down a change In their work portfolio? Scurry: Does your organisation see change as critical to your survival? If you answered "yes" to any of the above questions, you're not alone.
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      14 10 PROPERTIES The Straits Times Classified. Classifications 402 568. Buy It. Sdi h. Had It
      14 words
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  • PARLIAMENT news
    • IN brief
      • Article
        Lock icon Govt may consider law against cartels
        123 11 THE government may look into the need for a law against price fixing or cartels in view of the Institute of Estate Agents' recent move to stop its members from waiving agency commission. "MTI has found moral suasion effective when the occasional case occurs.
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      • Article, Illustration
        Lock icon Why do SIA tickets cost more?
        122 11 CHIAM See Tong (Potong Pasir) finds it embarrassing when Singaporeans tell foreigners that they don't fly Singapore Airlines because it costs more. Communications and Information Technology Minister Yeo Cheow Tong's reply: There's a premium to be paid for better service. Besides, it's not embarrassing
        122 words
      • Article
        Lock icon Lifelong learning fund to be set up soon
        105 11 THE $5 billion lifelong learning endowment fund Prime Minister Goh Chok Tong mentioned in his National Day Rally speech in August may be set up soon. Manpower Minister Lee Boon Yang yesterday introduced a Bill for the formation of the fluid, which
        105 words
      • Article
        Lock icon S'pore trustees get more competitive
        87 11 SINGAPORE trustees will be put on a more competitive footing with offshore trustees with the passing of the Goods and Services Tax (Amendment) Bill. The Bill provides for trustee services given to foreigners to be exempted from the goods and services tax. Previously, the provision
        87 words
      • Article
        Lock icon Change in definition of customs duty
        111 11 ANOTHER Bill passed, the Customs (Amendment) Bill, will do away with a confusion that has bothered some of Singapore's trading partners. Excise duty will now be dropped from the definition of customs duty. "The common international practice is that customs duty refers exclusively to
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    • Article, Illustration
      Lock icon Suggestion for CPF unit to manage Special Account savings rejected
      728 11  -  There's no additional advantage for CPF Board to try to serve as a super fnnd mnnagAir minister Reports by Chuang Peck Ming A SUGGESTION for the Central Provident Fund Board to manage a unit that will pool savings from the
      FILE PHOTO  -  728 words
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      102 11 WIN a ■BENEF4»Nt Log on to □1 aria one* COM Since 19/!> our worldwide staff of over 27f> mu'li-disciplined k W including lawyers chartered accountants. 10 1 k k chartered secretaries and bankers have HP i k W provided confidential and cost effective company formation in all the ma|Or low
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      46 11 Jftii You never ■&*~^k actually own a Patek Philippe. \v y^C^jf You merely H|g^ look after it for the next generation Complicated by Patek Philippe Wu£ttfiS*tur!m6<Pu/}uC *±*t7ttAWR&i?) *)tt*X't-i- *">*7T-9>K--7»<*-- y i*» K 6 Scott» Road, Scotts Shopping Centre 01 09, Singapore *****9. Tel: *****08. Fax. *****00.
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  • US elections
    • Article, Illustration
      Lock icon Gore-Bush dispute still rages on
      1200 12 The Florida court ruling handed Vice-President A 1 Gore a huge but incomplete victory, and the United States could still be headed for political Armageddon NYT WASHINGTON THE victory that the Florida Supreme Court handed on Tuesday night to Vice-President A 1 Gore, while huge,
      NYT; AP  -  1,200 words
    • Article
      Lock icon May the knucklehead win
      788 12  -  Counterintuitive though it may seem, George Ws peanut butter and JeNy persona is better for the capital than the Sore-Loserman ticket Byl Maureen Dowd NYT WE will have a president. But we will never have a winner. It' 9 time to admit that there can never
      NYT  -  788 words
  • Page 12 Advertisements
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      144 12 Time is money, so why pay for more than you use? Based on a 3 min 15 sec call: > or more a ff° r dable business calls, IDD 008 is the only number you need. Star Hub's premium service is billed per second, never in 6-second blocks. And with
      144 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Scrappage figure was for all vehicles
      434 13  -  Tan Kheng Hwee General Manager Kah Motor Company I REFER to the article "More cars scrapped this year, so 11,000 more COEs for 2001" by Christopher Tan (BT, Nov 22). The article is misleading. The scrappage figure of 11,000 quoted is not just for
      FILE PHOTO  -  434 words
    • Article, Illustration
      Lock icon Haw many more golf courses do we need?
      523 13  -  Narayana Narayana Singapore, via Internet I REFER to the letter "Study on land use ongoing" by Ang Hwee Suan, Head, Public Relations, Urban Development Authority (Mailbag, Nov 14). Ms Ang writes, "URA believes that open discussions with the public can throw up
      FILE PHOTO  -  523 words
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      443 13 We welcome letters. E-mail us at btletter@ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
      443 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Dangerous to over-worship Greenspan
      747 14  -  Piirni bottom line OPINION robert samuelson The Washington Post Writers Group THE widespread idolising of Alan Greenspan may be the simplest explanation of why America's post-election melodrama has produced so little popular anxiety. As long as Mr Greenspan safeguards prosperity, the country can bear the suspense
      The Washington Post Writers Group  -  747 words
    • Article
      Lock icon IN OTHER WORDS
      112 14 'I don't know what a dimpled ballot is, to be honest with you. I frankly have not become an expert. I don't know what the difference between a pregnant ballot and a dimpled ballot is.' Jeb Bijgh governor of Florida, echoing his brother's criticism of the hand
      112 words
    • Article
      Lock icon Not a flight of fancy
      644 14 EDITORIAL THE Indian government's long-drawn-out efforts to rid itself of the burden of loss-making enterprises took a step forward when it decided that Air-India should go private, at least in part The Indian flag carrier, once considered among the world's best and safest, has long
      644 words
    • Article, Illustration
      Lock icon To pay or not to pay? That is the question
      858 14  -  While the ruling on withholding tax for 'shrink-wrap' software is welcome, the IRAS most clarify certain issnes By] Kung Wai Ming Kung Wai Ming is a principal at PricewaterhouseCoopers. The views expressed in this article are those of the writer,
      858 words
    • Article
      Lock icon Shadow of debt: warning from the bond market
      751 14  -  COMMENTARY By 1 Paul Krugman The writer is an economist at the Massachusetts Institute of Technology IF Argentina were a firstworld country, its debt wouldn't be a problem. Both its budget deficit and its national debt are about the same fraction of
      751 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon UEM offer 'merits consideration': Renong
      620 15 KUALA LUMPUR Advisers studying RM6.7b offer for stakes in eight Renong companies AFX-Asia, Reuters RENONG Bhd says the company's board of directors has deliberated on United Engineers (Malaysia) Bhd's offer on the proposed acquisition of certain assets of Renong, and the company believes that the
      AFX-Asia,; Reuters; FILE PICTURE  -  620 words
    • Article
      Lock icon Commerce Asset proposes to cut staff strength by 20%
      231 15 KUALA LUMPUR The voluntary separation scheme to save RM6Om a year Bloomberg COMMERCE Asset Holding Bhd, owner of Malaysia's second largest commercial bank, said it plans cut staff by as much as 20 per cent to reduce costs. Commerce Asset, which
      Bloomberg  -  231 words
    • Article
      Lock icon Time dotCom IPO deal to be signed tomorrow
      216 15 KUALA LUMPUR Bloomberg TIME Engineering Bhd, which is RMS billion (552.3 billion) in debt, says it will sign the underwriting agreement for the initial share sale of its Time dot Com Bhd unit tomorrow after missing a Nov 15 target. The signing
      Bloomberg  -  216 words
    • Article, Illustration
      Lock icon Hutchison seeks M'sian 3G licence
      305 15 KUALALUMPUR Its application could be looked npon favourably: report AFX-Asia HUTCHISON Whampoa Ltd is seeking a Malaysian thirdgeneration mobile phone licence in a "calculated move to beat the market", the Malaysia Business Times reported, citing sources close to the company. The report said Hutchison has
      AFX-Asia; FILE PHOTO  -  305 words
    • Article
      Lock icon Proton raising quality to meet free trade threat
      352 15 KUALA LUMPUR AFP MALAYSIA'S national carmaker Proton is working to improve quality to ensure it can compete with global giants when the local market is opened up in 2005, a senior official says. Perusahaan Otomobil Nasional Bhd. (Proton) is collaborating with the
      AFP  -  352 words
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Northwest MAS get US antitrust immunity
      481 16 KUALA LUMPUR First such alliance between a US and Asian carrier follows an agreement between the two which includes code-share Reuters, Bernama NORTHWEST Airlines Corp and Malaysian Airline System Bhd have received US antitrust immunity that would let the carriers more closely coordinate under
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      Lock icon Thai Air open to other alliances, says president
      457 16 BANGKOK It may quit Star Alliance for better deal, investors feel Bloomberg THAI Airways International pel, Asia's sixth-largest passenger carrier, is "open" to joining other airline groupings if it brings more benefits than the Star Alliance grouping, its newly appointed president said
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      Lock icon Indonesia sees 35% rise in foreign investment approvals
      251 16 JAKARTA AFP INDONESIA saw a 35 per cent jump in foreign investment approvals in the first 10 months of this year to US$l4.6 billion (5525.6 billion), up from US$lO.B billion over the same period in 1999, reports said yesterday. The Investment .Coordinating
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      233 16 Never be at a loss. j' pwryyy*| T -••fttWtfclßnßWft' Y/\B y'|t%TkT 4 Y IFWWBMjWMft- I i-1 /ni'fl.ru fc j*rj |jf|:Y]ii' J JU r J!-Jll HI Is a Prtvata Party SStliSßfiSßS 1 1 M fcrni r ■rrr* 55*3*^ tntamat, wal straat toft to monapofr C3q m**** Km on anatong and raccmroandinQ
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  • e-NEWS
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      Lock icon DoCoMo set to buy 20% of AT&T Wireless
      552 17 TOKYO USs9b deal, which gives Japanese firm foothold in US market, may be announced next week Reuters, Bloomberg JAPAN'S dominant mobile phone operator NTT DoCoMo Inc is set to grab a much-needed foothold in the US market by purchasing up to a
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      Lock icon Nokia offers mobile phone-PDA with colour
      467 17 HELSINKI Reuters NOKIA upped the pressure on rivals on Tuesday when it unveiled a mobile device with a colour display that acts like a personal organiser and lets the user make phone calls, access the Web and emails. Finnish Nokia, the world's largest maker
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      Lock icon Deal to privatise Seagate approved
      254 17 SAN FRANCISCO Reuters SHAREHOLDERS of computer disk drive maker Seagate Technology and Veritas Software approved a deal to privatise Seagate for cash and shares of Veritas, the firms said in a statement yesterday. Under the complex transaction, valued at US$2O billion (Ss34 billion) when announced
      Reuters  -  254 words
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      Lock icon Belgian FLV Fund probes Korea fund abuse, may make provision
      338 18 BRUSSELS BELGIAN investment group FLV Fund said on Tuesday that a US$3O million (Sss3 million) bank account set up in Korea to fund start-up operations appeared to have been misused by an executive from Lernout Hauspie Korea. FLV said it
      338 words
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      Lock icon ICT spending of emerging markets growing fast
      561 18  -  Study shows growth rate 2-3 times faster than mature markets' From* Catherine Ong in New York EMERGING markets have increased their spending on information and communications technology (ICT) at rates two to three times faster than mature markets like the US, according to
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      Lock icon Novell's Q4 profit plunges 99%
      436 18 PROVO, Utah Sales of software for server computers slowdown Bloomberg NOVELL Inc, the third-worst performer in the Standard Poor's 500 stock index this year, said fiscal fourth-quar-ter profit plunged 99 per cent as revenue fell on slower sales of software to run server computers. Its
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      Lock icon Yahoo! share price hammered to lowest level in 2 years
      408 18 LOS ANGELES Reuters SHARES of Internet portal Yahoo! Inc fell to their lowest level in two years on Tuesday on concerns over a weaker Internet advertising market, and a day after a French judge ordered the Internet giant to bar
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      325 18 LAT-WP [LOS ANGELES] Lucent Technologies Inc, a once seemingly indomitable telecommunications equipment leader, jolted the market on Tuesday morning with the latest in a string of bad news: bcause of an accounting error, it advised investors to cut their expectations for fourth-quarter sales by US$l25
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      1227 18 ADROIT INNOVATIONS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Seventh Annual General Meeting of the Company will be held at Meeting Room No. 306, Level 3, Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec City, Singapore *****3 on
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  • SOUTH east asia
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      Lock icon needs win in
      500 19 Ability to continue to govern effectively rests on a fair acquittal, he adds Reuters, AFP [MANILA] Philippine President Joseph Estrada has to win acquittal fairly and decisively in his impeachment trial on corruption charges to be able to continue to govern effectively, a top aide said yesterday.
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      Lock icon Philippine Q3 GDP growth seen at 3.98%
      167 19 MANILA Reuters PHILIPPINE gross domestic product (GDP) is forecast to expand 3.98 per cent in the year through the third quarter, with strong farm sector output keeping the economy buoyant despite political tumult. A Reuters poll of economists completed yesterday showed GDP would
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      Lock icon Tycoon Lucio Tan says he's neutral in Estrada debate
      228 19 Bloomberg [MANILA] Lucio Tail, one of the Philippines' few billionaires, said he remains neutral in the controversy over whether President Joseph Estrada should resign following allegations of gambling payoffs, Dow Jones Newswires reported. His remarks contradicted a Manila newspaper report that
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      Lock icon Resort boss blames Estrada's men
      278 19 MANILA They demanded shares in the resort which is closed now Bloomberg PHILIPPINE President Joseph Estrada's associates demanded shares in resort operator Mondragon International Philippines, foiling plans to rehabilitate the company, said chairman Jose Antonio Gonzalez. In a 50-page statement, Mr Gonzalez said the government
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      202 19 Us' v M Wm W r H||i Ik Jp"" T 7 Rsr»w, \«->. f --fi* T-y 'iiY .-I-JB^^^ IT SEEMS YOUR PALM IS OUTDATED. DRBJ^E^^^QQ^Hlhi gnag^n^^^WP PinoHii New W^W^W 1 I <HMi 111 contact 'lir' i The days of scribbling on your palm are over. Because we now have the
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  • EAST asia
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      Lock icon Taiwan's tech firms cut investment plans
      556 20  -  Stock prices of some tech companies have plunged nearly 80% from their highs From] Macabe Keliher in Ta ipei AS financial storm clouds gather fast, Taiwan's tech companies are feeling the chill increasingly strapped for cash, they are cutting investment plans. "The crisis is
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      Lock icon P&G, DuPont win China domain name cases
      116 20 AFP [BEIJING] American industrial giants Procter and Gamble and DuPont on Tuesday won court cases in China over the use of their respective Internet domain names, the Xinhua news agency reported. The court ruling decreed two Beijing-based companies had violated domestic competition and
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      Lock icon Taiwan sticks to 44-hour week bill
      233 20 Cabinet decides on a smaller cat in the working week AFP [TAIPEI] The Taiwanese government yesterday retabled proposals to cut the working week from 48 to 44 hours, rejecting a parliamentary amendment that would have led to a bigger reduction. Government spokesman Su Cheng-ping
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      Lock icon New Guangzhou airport won't hurt HK, Legco told
      462 20  -  China could draw business away as it develops its markets Frr/m, Audrey Tan in Hongkong SINGAPORE has been on Hongkong's radar screen for some time as it sees the Republic as a competitor, but looming larger still these days is a much
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      Lock icon CSFB to expand in China, HK, Taiwan
      249 20 HONGKONG Bloomberg CREDIT Suisse First Boston said it is plans to expand in China, Hongkong and Taiwan after signing up ING Barings' head of Hongkong corporate institutional finance, Chester Kwok. Mr Kwok, who resigned from ING about two weeks ago, will start at
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      704 20 j* I ,^^Ml' •TT»5t---^^^ ™!3®BB^^PBE»L--'.3flSllriP l im I iL I- If I B I' ji H jUgg M 9 n yp ff I|UHH I HPSJ^Rk wBBHBjL IB '1' ~lHk JH^kaM j| IliiiilllHHßiL 3000RT Low Noise Cooling Towers Cleanroom Technology System Hot Water Boiler System 2000RT Water-Cooled Centrifugal Chillers Chemical Fume
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  • SOUTH asia
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      Lock icon Air India loss may widen 5-fold this year: govt
      431 21 NEW DELHI The 1.98b rupee loss may likely lower the price the government can get from the sale of 40% stake Bloomberg AIR India Ltd, the country's national carrier, will probably show a five-fold widening of its loss in the year
      Bloomberg  -  431 words
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      Lock icon Nine Networks India to merge with Balaji
      167 21 BOMBAY Nine Networks partly owned by Kerry Packer Reuters NINE Networks Entertainment India, partly owned by Australia's richest man Kerry Packer, is merging with television content provider Balaji Telefilms, Indian financial dailies said yesterday. "A swap ratio of 65 shares of Balaji for
      Reuters  -  167 words
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      Lock icon India rethinks shutting polluting factories
      169 21 NEW DELHI AFP FOLLOWING two days of violent protests, the Indian Cabinet yesterday said it was considering amending plans to close more than 100,000 polluting factories in New Delhi. Urban Development Minister Jagmohan told the Upper House of Parliament the government might allow some to
      AFP  -  169 words
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      Lock icon IT spending by Indian homes seen surging 55%
      469 21 NEW DELHI Reuters SPENDING by Indian households on information technology, particularly computer hardware, is set to surge 55 per cent in the current fiscal year, International Data Corp (IDC) said. In a statement received by Reuters late on Monday, IDC said there
      Reuters; AFP  -  469 words
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      492 21 If you want guaranteed returns and the chance of a bonus, the only way is Up. Now there's a risk free way to grow your money*. It* called Up. Starting from just $5,000, the principal amount you put into Up is fully protected, plus you earn a minimum guaranteed return**.
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  • WORLD news
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      Lock icon Vultures are hovering over ING Barings
      647 22  -  ING pats ap the US operation of its investment bank ING Barings for sale From Neil Behrmann in London INVESTMENT bank vultures are circling ING Barings. The talk in the City is that HSBC Holdings, Deutsche Bank, Dresdner Bank, Bear Stearns, ABN Amro, Citigroup
      MIEL/ST  -  647 words
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      Lock icon Exports boost Korea's Q3 GDP growth to 9.2%
      368 22 SEOUL Bnt problems seen as export growth, consumption shrink Bloomberg SOUTH Korea's economy grew faster than expected in the third quarter as rising overseas demand for computer chips, cars and other goods cushioned the impact of shrinking spending at home. Gross domestic
      Bloomberg  -  368 words
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      Lock icon Bad loan woes still hurt Japan bank earnings
      566 23 TOKYO Six of nine top banks which announced HI results post steep profit drop or loss Reuters NINE top Japanese banks yesterday unveiled generally dismal earnings for the past half year due to hefty bad loan writeoffs and weak core operating revenue.
      Reuters  -  566 words
    • Article
      Lock icon Asean suggests compromise over NGO issue
      330 23  -  Developing countries npset NGOs given extra privileges From D Ravi Kanth Geneva ASEAN member countries have put forward a compromise proposal to defuse a brewing storm in the World Trade Organisation (WTO) between developing countries and rich nations over the role of non-governmental organisations
      330 words
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      Lock icon Nomura, IBJ to end derivatives venture
      193 23 TOKYO Bloomberg NOMURA Securities Co and Industrial Bank of Japan said they will likely end their financial derivatives alliance as the joint venture's sales on derivatives products have been falling. Nomura and IBJ are in talks to decide whether to close IBJ Nomura Financial
      Bloomberg  -  193 words
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      Lock icon Thatcher, papers attack govt on EU army plans
      405 23 LONDON Bloomberg FORMER UK Prime Minister and Conservative Party leader Margaret Thatcher joined British newspapers in criticising the government's plans to help create a joint force of troops from European Union countries. The plans are a "monumental folly", and a result of
      Bloomberg; AP  -  405 words
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      Lock icon Coke abandons bid to acquire Quaker Oats
      661 24 NEW YORK Board is divided over price and whether Coke could absorb Quaker Oats: sources NYT THE board of the Coca-Cola Co abandoned its effort to acquire Quaker Oats, the cereal and drink maker, on Tuesday night. The deal, for as much as
      NYT; AP  -  661 words
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      Lock icon PepsiCo to buy back US$4b of shares
      235 24 Bloom berg [PURCHASE, New York] PepsiCo Inc will buy back US$4 billion (Ss7 billion) of its shares over three years starting early in 2001 which analysts saw it as a message to Quaker Oats that it is open to a deal if the
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      Lock icon Constitution gets entertainment firms off hook
      533 24 WASHINGTON FTCs marketing crackdown on industry is dropped TWO months after issuing a report accusing the entertainment industry of aggressively marketing violent, adult rated entertainment to children, federal regulators decided on Tuesday they would not pursue legal charges against any of the companies involved.
      533 words
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      2078 22 ÜBS AG, SINGAPORE BRANCH acting through Ita bualnaaa group ÜBS Warburg JSH SINGAPORE INVESTMENTS LIMITED (Incorporated in the British Virgin Islands) CONDITIONAL CASH OFFER FOR CYCLE CARRIAGE LIMITED (Incorporated in Singapore) Introduction ÜBS AG, Singapore branch, acting through its business group ÜBS Warburg CUBS Warburg") wishes to announce, for and
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      34 23 HBfetoMiM^'' !sk W IJm ■L; m rw /f Jr. 1 f Hfe V ft jS ■BSK-- -y MP/1 vi ui ii^r yj» nii gpggp Ifek llm Hk «L &^rf i T^^j^ißfeii&ii nii n"< *in
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      1016 24 a ■•■VIBBIBIIIBIMS Notice of Annual General Meeting ItllßlllfiMS •BBM'BBBBBBfMBBB mrnmmm* ••■■•■■■■■■■■••a* a SUNRIGHT NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of the Company will be held at Ocean 7. Level 2, The Pan Pacific Hotel, Singapore, 7 Raffles Boulevard. Marina Square. Singapore *****S on Friday, 12 January
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      138 24 LUI CHEONG BUILDING CONSTRUCTION PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the companies Act, Cap.SO, that the final meeting of the members of the abovementioned company will be held at 65 Chulia Street, OCBC Centre, #31-01 Singapore *****3
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      123 24 KURODA MACHINE TOOL ASIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.so, that the final meeting of the members of the abovementioned company will be held at 65 Chulia Street, OCBC Centre, #31-01 Singapore *****3
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      470 24 IN THE MATTER Of THE COMPANIES ACT (CAP. 30) AND IN THE MATTER OF AISTRACO-NAMHOE INDUSTRIES PTE. LTD. (IN LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duty convened and held at 6001 Beadi Road *12-03 Golden Mile Tower Singapore *****9 on 16 November 2000 the
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  • FINANCE & commodities
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      Lock icon Concern over tech firms hits futures
      292 25  -  SGX Derivatives TrsMa&Report ST In dex/MSCI S'pore In dex Lau Chee Keong Refco Singapore THE Singapore stock market surrendered all gains in early trade yesterday as fresh uncertainty in the US election and persistent worries of lower earnings for technology companies unsettled investors. The
      292 words
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      Lock icon Futures down on chip firm's profit warning
      239 25  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore THE MSCI Taiwan stocks index succumbed to selling pressure after a strong rally on Tuesday. The MSCI Index closed almost at its day's low after gaining more than 3 per cent in early trade. The
      239 words
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      Lock icon Oil falls back as US stocks build up
      164 25 ENERGY REPORT Reuters [LONDON] OIL prices backpedalled yesterday amid signs that wafer-thin US fuel stockpiles are beginning to rebuild, although an icy chill across parts of the United States was expected to stymie the retreat. A potential row over Iraq's start-up of
      Reuters  -  164 words
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      Lock icon CURRENCY REPORT
      332 25 Reuters London THE US dollar was soft yesterday, suffering its biggest losses against the yen, after the Supreme Court in the key US state of Florida allowed manual recount of votes in the US presidential election to continue. The court decision was seen throwing Democrat candidate A 1
      Reuters  -  332 words
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      Lock icon Untitled
      1196 25 MTHRBAMK CROSS RATES Nov 22 A$ CS Ink Euro Ffr Pm HK$ ltd t» hpiak YW W" M« «<h>h Mt SS tend Sfr Mtt 6rtt torn* US$ Australia 0J06 4.318 0.615 4.032 1202 4.051 ***** 49.190 0.572 6.116 L977 1203 29.784 25.700 0.913 4.063 0.935 T7.095 22J39 0.367 0.520 Canada
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      1915 25 SICOM FUTURB8 Nov 22 RUBBER (Mm closing as at SJ0p») RSS1 CONTRACTS cants/kg) ClOM VoltMM OpM Month Htyi Law Sttt (tonnes) tofrwt Dtc 00 1H75 Jan 01 H2.50 50 Feb 01 114.00 50 Mar 01 115.50 350 RSS 3 CONTRACT (US cants/kg) VohfflW OpM Month Hjflh Low Sttt (tonnes) Interett
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  • STOCKS east asia
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      Lock icon US poll uncertainly, fall in China Mobile hit Hang Seng
      2851 27 11 ll> I ilull HIIMH WW 1 ~—l■<—— HONGKONG AFP P Hang Seng -415.79 HONGKONG share prices plunged 2.7 per cent yesterday on fresh uncertainty about the US polls after the Florida Supreme Court ruled to allow hand recounts to
      AFP  -  2,851 words
    • Article
      Lock icon US, Japan political jitters haunt Nikkei
      2015 27 TOKYO AFP Nikkei 225 -107J5 TOKYO share prices fell 0.7 per cent yesterday as continuing political uncertainty in Japan and the United States kept investors sidelined ahead of a holiday in both countries, brokers said. The Tokyo Stock Exchange's Nikkei 225 Index lost 107.15
      AFP  -  2,015 words
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      Lock icon CHINA
      1076 27 Reuters, AFP r% Shenzhen B Index +0.73 CHINA'S hard currency B shares gained fresh ground as domestic A shares advanced to more record closing highs yesterday, shrugging off uncertainty over the US election and a regional market setback. The Shenzhen B Share Index edged up 0.73 point, or 0.59
      Reuters,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,076 words
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      Lock icon TAIPEI
      364 27 AFP IWP Index *27.61 TAIWAN shares climbed 0.5 per cent yesterday amid optimism the government is boosting business morale by cutting working hours less than previously planned and on expectations a bill on bank mergers will be passed later this week, dealers said. The Taiwan Stock Exchange Weighted Price
      AFP  -  364 words
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  • STOCKS klse
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      Lock icon UEM-Renong proposal weighs down KL
      417 28 AFP C 3 Composite Index -6.41 MALAYSIAN shares closed 0.9 per cent lower yesterday as investors continued to fret over the proposed UEM-Renong agreement, dealers said. A court ruling which could favour Vice-President A 1 Gore in the US presidential election also weighed on sentiment.
      AFP  -  417 words
    • Article
      Lock icon Untitled
      8706 28 INDUSTRIALS Consumer products 2000 Last Vol Day Net Cap High Low Company Sale '000 High Low P/t Smll 420 310 A)inomoto 340 1S.6 137.8 158 46 Angttava 48 unch 2 48 48 70.8 670 290 Apollo Food Hlg 394 -6 3 394 394 8.6 157.6 3825 2700 BAT 50C 3600
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  • SGX clob & regional stocks
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      2729 29 i i *#>-■ ■m.rTfrTr-t- I"i». wiwwa' < <' n. 1 11hh'iiimwhi»own ihwmh ii'w* «—«—'imimi'Ii—iniit mmi BONDS WARRANTS Nov 22 Wt ■rats fnml EW List v«l D«Y LutOMto A»1 Him4 Um Exar Otoe Mte Hi# Low Safe (*M0) Nfek U» Oayw Safer Price (Mill Ratfe Price (*l 51.5 3 s Acma
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      Lock icon SEOUL
      290 29 AFP DOwnpogtelndei -9J2 SOUTH Korean shares fell 1.7 per cent yesterday with the index down 9.12 points at 522.33. Volume stood at 312 million worth 1.4 trillion won. —AFP wo* V; Anam Semi 5060 -180 Brain T»ch 590 5 Central Bank 170 0 Cheil Cocnm ***** -500 Da* Cu
      AFP  -  290 words
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      Lock icon MANILA
      269 29 AFP Composite Index +7.65 PHILIPPINE shares rose 0.5 per cent yesterday in a technical rally spurred by the peso's recovery and a possible cut in key interest rates. The Composite Index added 7.65 points to close at 1,456.65. Volume turnover reached 941.89 million worth 498.81 million pesos. AFP Mo,
      AFP  -  269 words
    • Article
      Lock icon WELLINGTON
      271 29 AFP HmSE-40 «jjj NEW Zealand's stock market yesterday closed up 0.3 per cent with heavy trade in Fletcher Challenge Energy being the main driving force. The NZSE-40 gained 3.91 points to 1,993.81 on turnover of NZ5226.80 million. Trading in Energy accounted for NZ5150.50 million. —AFP Mot 22 COW) Advantage
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      Lock icon SYDNEY
      555 29 AFP QAH Ordinaries -14JH) THE Australian share market fell almost 0.5 per cent yesterday, dragged lower by falls in both News Corp and Telstra stocks, brokers said. The All Ordinaries Index fell 14.90 points to close at 3,234.10, and the S&P/ASX2OO finished 16.40 points softer at 3,284.70. The All
      AFP  -  555 words
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      Lock icon BANGKOK
      733 29 AFP Q SET Index -3.48 THAI share prices slipped 1.2 per cent yesterday as negative sentiment across the region overwhelmed the market, traders said. The Stock Exchange of Thailand (SET) Composite Index dropped 3.48 points to close at 283.58 points, and the SET 50 Index was down 1.20 points
      AFP  -  733 words
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      Lock icon JAKARTA
      679 29 AFP Fl Composite Index +6JB INDONESIAN share prices yesterday closed 1.4 per cent higher, boosted by heavy buying of cigarette stocks, but ended off their highs on late profit-taking, dealers said. The Jakarta Stock Exchange Composite Index closed up 6.18 points at 431.70, off a high of 434.08, and
      AFP  -  679 words
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  • Article
    Lock icon STOCKS sgx
    9338 30 SGX MAINBOARD Transaction date: Nov 22 Or Or N Wt 52-Wk Last Vol Day Last Ouote Div Dtv YM Nat Cap Avg High Low Company Sala COOP) High Law Buyof SaWor C'vr Pft ImM Wco MULTHNDOSTIY 163 75 m c Acme 50c 715 unch 55 78.5 77 78
    9,338 words
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      39 30 9/ I I t BHIHBnHHHHBvI i v 11^ ~A ii«y JL" /i^ |H v%. /#i^Hn CHRONOGRAPH 1911 "IKKL V>^V®SI^BIHBiEP Automatic movement, certified chronometer, steel, water resistant to 30 m gßp*^ LVMH Watch Jewellery Pte Ltd Tel: (65) 338 6848
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      221 31 Where to wine, dine and entertain..rt (Slfissssr 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. Lunch
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      64 31 1 -V 1 I HOTEL GRAND CENTRAL UMVTED I I 22 Orchard Road/Cavanagh Road, Singapore *****7 1 I Tafc 737 W44 Ext 400KJ2 Fax: 733 3175 I A J fyn&mdMl. Buffet Lunch, Noon to 2.30pm (Ctowd on Saturdays) Dinner 6.30pm to 10.30pm (Daly) For reservafc**, c 4 us at (65)
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      Lock icon Page 31 Advertisements Column 3
      49 31 depend on predictions. i n Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers daily. Contact Patrick Ang 740 1284 or Amy Choo 740 1559 now. F"pri m Beat the lunch queue at Marina Bistro W weekdays, order from our special express MM
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      Lock icon Page 31 Advertisements Column 4
      18 31 The Business Times I i I 1 Contact Patrick Ang 740 1284 1 or Amy Choo *****59 now.
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      87 31 Fridays and Saturdays from 7pm to 11pm Sundays from 6pm Happy Hour from spm to 7pm Two selected drinks for the price of one. Light dishes from $10 50 and I Wine by the glass from $8 50 I J The Promenade 1111 l (iIvWP COITIK )K\l VYMIKIKOM 111 ill
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      875 31 The Business Times, Thursday, November 23, 2000 TVETrH? f iii.y ;rr7sr;^^—l Central 2.00 Thursday Afternoon SJO Tofu Street. (R). I*ll i V 3 Movie: Savage. LOO Headlines. 9-00 AM Kids Central: Sesa- 4.00 Cinema, Cinema, Cine- Suria LO2 Business Tonight. 2? a 3.00 PM TV Innovations. L3O New Beginning (R).
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    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 2
      290 31 CRYPTIC CROSSWORD ACROSS short skirts in front of the church 1 Volume of people taken in (8,4) 8 A bishop, one's from northern 5 A collapsed during the French town (5) c j. 9 I'm taking bird pertiaps. a settler 11 Berely tree of commitments 7 g^ Jr <^ e[,ed
      290 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon In praise of Vietnamese women
      885 32  -  Hillary Clinton was impressed with them during her recent visit bkabk lamdler reports MARK LANDLER NYT [HO CHI MINH CITY] Hillary Rodham Clinton, not yet a senator and not quite a former first lady, brought her trademark mixture of feminism and family values to her
      NYT; REUTERS, AP  -  885 words
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      Lock icon HK website to keep alive singer Teresa Teng
      375 32 [HONGKONG] Fans of the late Taiwan songbird Teresa Teng may now keep alive their memories of one of Asia's best loved stars via what is claimed to be the most comprehensive website dedicated to her on the Internet. The website, a joint
      375 words
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      42 32 what to ««t > tfrlnk > liy > witch > *••#!> pf«« I■ t• H gyj/eekendS thursday-sunday november 23-26 2000 4. m v^^^^njgi|gn JKbsl ■^^L rnllprtihigs > get ready tlis weekend holiday employment guide > Charlie's angels review > vinyl madness > watch out > mama shop war > jazzpanese
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      311 32 proj ecteyeball. The question is: "Besides IVF, GIFT, and other methods, which are costly and stressful, are there any vitamins and supplements that can help to improve the infertile couple?" If you have a similar question, talk to us. We'll get the answers. Watch for them in Stork Options on
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon New demand for industrial space
      1067 33  -  Older industrial buildings are now finding takers as Singapore becomes the regional hub for data centre activity, reports ANDREA TAN ANDREA TAN WHILE the property market in general is languishing, there is one segment of the industry which is sizzling colocation space or data centres.
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    • PROPERTY
      • Article, Illustration
        Lock icon Residential property still in style
        1268 34  -  JOYCE KHOR sees a demand of 5,000 to 6,000 units a year in the period following speculation curbs. But all eyes will be on the stock market performance as a barometer for the residential property market in the short term JOYCE KHOR The writer is
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        Lock icon Making S'pore's city centre unique
        997 39  -  The URA is involving the public to get ideas on transforming the hub of the city by building landmarks and gateways, says marc almagro MARC ALMAGRO THE Urban Redevelopment Authority (URA) invited the public to give suggestions on making the city centre more distinctive through
        FILE PHOTOS  -  997 words
      • Article
        Lock icon HOUSING LOAN RATES
        576 39 BANKSFINANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR HO YEAR 11-35 ABN-AMRO Bank (max of 30 yrs) 3.2500 4.0000 4.7500 4.7500 4.7500 4.7500 4.7500 DBS Completed properties 2.7500 3.9000 5.0000 5.0000 £.0000 5 Properties under construction 2.7500 3.9000 5.0000 5.0000 5.0000 5.7500
        576 words
    • LEGAL MATTERS
      • Article, Illustration
        Lock icon Before you say home sweet home
        1299 35  -  Certain obligations and procedures apply when you buy a unit from a licensed developer. CHAN CHEN TEE outlines the process CHAN CHEN YEE The writer is a partner at Drew Napier. WHEN buying a unit in a new development directly from a licensed developer,
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      • Article
        Lock icon New homes for sale
        537 35 9 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE (sq ft) LAUNCHED UNITS SOLD ($psf) Queens Allgreen Prop 3 Stirling Rd 914-2,723 536 289 760 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 406 950 99-yr Caribbean at Keppel Bay Keppel Land
        537 words
    • BY DESIGN
      • Article, Illustration
        Lock icon Funky Function
        970 36  -  Zen-like minimalism is gradually making way for lifestyle-related formats with toned down colours, interior designers tell TINGE CBOMG VINCE CHONG THIS season's minimalist look, with the obligatory deep shades of wenge, is making a gradual exit in favour of the next wave. That would see the return of
        PHOTOS or SPACBONE DESIGN BY ARTHUR LEE  -  970 words
    • HOME RENOVATION
      • Article, Illustration
        Lock icon Shaping your dream home
        776 38  -  RICHARD S F BO takes you through the renovation process, from vision to reality, in drafting a renovation brief RICHARD K F HO Renovating a house, whether for upgrading or to accommodate a new member in the home, involves more than just sketching a few drawings.
        776 words
    • HOUSE hunt
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        Lock icon Draws of convenience
        443 40  -  Its Geylang address aside, Sims Residence is a mere 7 minutes' walk to Paya Lebar MRT station and boasts of proximity to other amenities.""""" CHEW checks it out MARISSA CHEW SIMS Residence may be located in Geylang, but its marketing agents take pains to point out that
        443 words
      • Article
        Lock icon Property transactions for selected districts lodged between Oct 17 and Nov 20
        1193 40 PROJECT NAME PROP CONTRACT TENURE BULT-W PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BULT-W PRKE PSF STREET NAME TYPE DATE LAND AREA* STREET NAME TYPE DATE LAND AREA* (SOFT) (SJ'OOO) (S$) (SOFT) (STOOD) (S» District 21 District 22
        1,193 words
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      28 33 Legal matters Function notes on funky obligations in jflMM|^]jg^| before you say interior home sweet design Shaping your home Page 4 dream home Page 3 IBLB Page 6
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      690 34 nm'.f-Al Tat Lee Finance I Keppel Tat Lee Finance Limited I (incorporated in the Republic of Singapore) S THE PROPOSED CAPITAL RESTRUCTURING EXERCISE OF KEPPEL TATLEE FINANCE LIMITED (THE B -COMPANY") COMPRISING:- B A. THE PROPOSED ISSUE OF UP TO 183,775,402 BONUS SHARES OF PAR VALUE $0.50 EACH ON THE
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      26 35 We welcome questions on legal issues pertaining to the sale and purchase of property. Please send your letters marked 'Executive Suite, Legal Matters Column' to btletter@sph.com.sg
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      58 36 If you have the imagination, we have the colour. I I I n F I jMHRK IBBs »BBflMMMfe .^l?!^ 3 c-rH With 6,134 exciting paint colours to choose from, you can now do up your home any way you want. Visit ICI Dulux at www.lcipafnts.com.sg or call our Custom*r Cars
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      591 37 A Spkciai Aiuitijik hum English Country Living Style Fernhill Cottage offers 14 exclusive townhouses in downtown Singapore. F E RN H 1 L L I ooking for on excellent investment in property? Take a look at Fernhill Cottage, a cottage (-development of 14 luxurious freehold townhouses. In the midst of
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      178 38 Factory For Sale By Tender YISHUN INDUSTRIAL PARKA 6-Storey Industrial Building Built-in area 159,248 sq ft Land area 63,734 sq ft Tenure 30+30 wef 1 Sep 1992 Tender closing 5 December 2000 For more details, kindly contact: SOLE-MARKETING AGENT 228 6894 228 7334 FACTORIES IN TUAS FOR SALE Description 5
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      123 38 SUNTEC CITY TOWER 1 HIGH RISE OFFICE FLOOR FOR SALE Description The whole floor is for sale. It has panoramic views of the CBD skyline. Floor Area 1,100 sq m (approx. 11,840 sq ft) Tenancies 2 tenancies expiring in 2001 and 2003 For further information, please contact 224 8181 Investment
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      27 38 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. CATS. Another Classified Service
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  • Enterprise 50
    • Article, Illustration
      Lock icon Managing intangibles
      420 41  -  Eugene Low According to the New HHB Oxford Dictionary of |H J| English, knowledge HI Hi refers to the "facts, information and skills acquired by a person through experience or education". This definition of knowledge sounds straightforward enough, but just add the word "management" into the mix and
      420 words
    • Article, Illustration
      Lock icon A gamble that paid off
      1151 42  -  Despite the relatively good performance of Stoval Technologies so far, managing director Alex Chan is not one to rest on his laurels as he is constantly looking out for ways to further expand and diversify his company. He reveals to JANE CHEONG his plans for
      ARTHUR LEE  -  1,151 words
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      Lock icon A question of content
      874 42  -  How did World Scientific succeed in an area dominated by big boys? SUSAN TSANG finds out SUSAN TSANG WORLD Scientific Publishing Company, which has just made it to the Enterprise 50 list of small and medium-sized enterprises, is in many ways not your typical science, technology
      SIEW YAW HOONG  -  874 words
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      Lock icon Innovation key to success
      919 44  -  EUGENE LOW finds out how Sam Goi turned Tee Yih Jia, which topped this year's E5O listing, into a business with a global market EUGENE LOW WHEN Sam Goi bought over Tee Yih Jia Food Manufacturing in 1977, he was simply doing a friend a favour.
      ARTHUR LEE  -  919 words
    • Article, Illustration
      Lock icon Marrying the old and new
      891 46  -  That's what Cheng Meng Furniture has done successfully over the years, reports JUDY KAN JUDY KAN IT will take a new formula to keep Cheng Meng Furniture Company in the forefront of the future, says its 57-year-old managing director Choo Ker Yong. In all likelihood,
      ARTHUR LEE  -  891 words
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      Lock icon MNC trader in the making
      659 48  -  From a textile trader, Sineximco has grown into one of the largest agricultural produce traders in the region. EUGENE LOW reports EUGENE LOW SINGAPORE'S agriculture industry is almost negligible in size, but that has not prevented Sineximco from becoming one of the largest exporters of
      ARTHUR LEE  -  659 words
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      Lock icon The customer takes top priority here
      759 48  -  Megachem's Philip Lim tells EUOENE LOW how its management philosophy has been implemented to good result EUGENE LOW THERE are no .two ways about it. Building a successful business is all about treating your customers well and offering them something your competitors can't. For
      759 words
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      Lock icon Building a name for quality
      1008 48  -  Wee Hur Construction, which has carved a name for itself in the building of research institutions, is now ready to explore fresh avenues. JUDY KAN reports JUDY KAN COMMITMENT. Reliability. On-time completion. Integrity. These words punctuate his sentences as Goh Yeow Lian explains enthusiastically often
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      Lock icon Tuning in to the New Economy
      940 50  -  BBS Group's Behrouz Gholamrezaey tells JANE CHEONG what are the three things he believes in and how this management approach has worked for him JANE CHEONG BBS Group chairman Behrouz Gholamrezaey remembers the first computer he purchased for his company very clearly. "It was
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      Lock icon All geared up for growth
      1057 50  -  Integrated Precision Engineering plans to go for a listing next year, mainly to raise funds for its expansion projects that will cost some $20 million. Deputy managing director Mark Ho tells JANE CHEONQ what these plans are JANE CHEONG THE first inkling that Integrated Precision
      CHRIS LOH  -  1,057 words
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      Lock icon Learning from the bad times
      707 50  -  It had not always been rosy for Ever Technologies. But it has come out from the regional crisis stronger. TANO WENO FAI reports TANG WENG FAI HOMEGROWN Ever Technologies Pte Ltd has come a long way In the last two years. Today, it claims the
      ARTHUR LEE  -  707 words
    • Article, Illustration
      Lock icon Creating value from ideas
      1005 52  -  Knowledge management is using information within an organisation to achieve business objectives, writes NG WEE WEI NG WEE WEI The writer is a manager in Andersen Consulting's Government practice IN this Internet age, the pace of development is awe-inspiring. Consider these facts and figures: Every minute,
      1,005 words
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      Lock icon How to implement KM in your company
      1172 52  -  KOK PEET LEONQ gives a step-by-step guide to operate KM capability KOK PEET LEONG The writer is a manager in Andersen Consulting's Communications High Tech practice SMALL and medium-sized enterprises from a cross-section of industries ranging from manufacturing to electronics and high-tech to
      1,172 words
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      Lock icon Singapore's 50 best enterprises
      1274 56 This is the list of Singapore's most! enterprising privately-held local companies in 2000, ranked on both qualitative and quantitative 1 factors. 1 4 Tee Ylh Jia Food A A HM> Singapore I Manufacturing I I Turnover: $62.4 million i Turnover:: $45.2 million Compounded annual growth rate:
      1,274 words
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      Lock icon Waiting for a turnaround
      604 57  -  Construction firms focus on total quality management to stay afloat during the downturn, says ANDREA TAN ANDREA TAN FOCUS, focus, focus. That's the mantra of three construction firms which have managed to thrive despite a slump in the industry that looks likely to continue for a
      604 words
    • Article
      Lock icon TDB helps local firms go global
      734 57 Companies get help both in terms of facilitation and resources STAYING competitive means that few companies today can afford to ignore the international arena. As part of its mission to develop Singapore as a premier international trading hub, the Singapore Trade Development Board (TDB)
      734 words
    • Article
      Lock icon Last year's winners face stock market turbulence
      770 58  -  Nine of the 13 e5O winners last year who listed on the Singapore Exchange are trading below their IPO price. LING SU ANN takes stock LING SU ANN THIS year has been a rollercoaster ride for stockmarkets around the world with US interest
      770 words
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      Lock icon Top brass should do less and think more
      955 58  -  Unisteel MD tells VIVIEN NG how listing has raised his company's profile and opened doors to new customers VIVIEN NG HE wants his top management to do more of nothing. Unisteel Technology's managing director Bernard Toh feels top management should spend more
      SIEW YAW HOONG  -  955 words
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      Lock icon Electronics plays in the limelight
      928 59  -  For stockmarket aspirants, winning a place on the coveted E5O list gives a company a leg up, as DAVID BOEY finds out DAVID BOEY THE takeover theme has been the hottest thing on the minds of most electronics company stakeholders recently. With foreign electronics giants
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      Lock icon Route to a successful IPO
      1095 60  -  While it may not be difficult to meet the quantitative listing criteria, a company has to be aware of its obligations before it decides to embark on the IPO path, notes LUCY LIM LUCY LIM The writer is vice-president, corporate finance, at OCBC Bank THE
      FILE PHOTO  -  1,095 words
    • Article
      Lock icon Winning the investment $
      797 60  - Winning the investment An effective marketing programme is crucial in ensuring maximum interest in an IPO, says ANDREW CHENG ANDREW CHENG The writer is the general manager, CitigateDewe Rogerson IMAGE AT a recent initial public offering (IPO), the chairman of a company was asked why he wanted to list his
      797 words
    • Article
      Lock icon Nuts and bolts of going for a listing
      1005 60  -  Stacie SEETHO sets out the process a company has to go through when making an initial public ottering STACIE SEETHO The writer is a Senior Associate at Rajah &Tann EVERY growing company reaches a stage when a key requirement for future growth
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      Lock icon A serious practitioner
      887 62  -  Unlike most companies which merely pay lip sen/ice to knowledge management, Frontline Technologies believes in strictly carrying out what it preaches, reports EUGENE LOW EUGENE LOW WHEN you're a consultancy, adopting a systematic approach to knowledge management is simply a matter of practising what you preach. And
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    • Article
      Lock icon Asme faces four challenges
      657 62 The boldest and most innovative project down the road will be the construction of the SME Hub WITH the election of its first woman president in Diana Young earlier this month, the Association of Small and Medium Enterprises (Asme) has identified four key challenges ahead. The
      657 words
    • Article
      Lock icon How to avoid a quick demise
      1184 62  -  From rags to riches to rags in three generations. That applies'to many family businesses. However, the key to preventing that is good corporate governance. CHARLIE KOH explains CHARLIE KOH The writer is financial controller of Neo Corporation IN 1987, the business of Fairfax family,
      1,184 words
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      Lock icon Staying ahead of the pack
      891 65 CHARLES Darwin said that for a species to survive, it has to be adaptable to change. This statement is ever relevant in business today, and the adaptability to change manifests itself in any organisation as a culture of constant innovation. Over the past decade, we
      FILE PHOTO  -  891 words
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      Lock icon From rhetoric to reality
      2286 68  -  PATRICK LAMBE takes a leaf from Jonathan Swift's Gulliver's Travels to draw some lessons for SMEs on knowledge manngement PATRICK LAMBE The writer is assistant director of The British Council's Professional Development Centre WHEN you look at success in business, you get a compelling sense of
      PILE PHOTO  -  2,286 words
    • Article
      Lock icon It's time to embrace a new culture
      817 68  -  Chinese family businesses need to change the way they manage their employees, says LIM JOO BOON LIM JOO BOON The writer is a partner at Andersen Consulting THE winds of change dfe blowing gently through the corporate boardrooms of Chinese family businesses (CFBs
      817 words
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      177 41 x mm lEDIB IV SINGAPORE Contents Winning profiles pages 2-10 Getting to the IPO page 20 On knowledge management page 12 Corporate governance page 22 The top 50 enterprises page 16 Vi Chinese family businesses page 28 Coordinator: Eugene Low, Editor Elaine Koh, Photographers: Slew Yaw Hoong, Arthur Lee, Chris
      177 words
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      176 42 "IiBMI I MM I vOe awe fwoud fo Se awavdedtfee I J ENTERPRISE 50 I I Celebrating Singapore's I Enterprising Spirit The company is technically competent to provide solutions to any engineering related challenges and has the capability to provide prototyping services for product evaluation and the necessary facilities and
      176 words
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      483 43 HHH i ''^t*S(E^ r UC^m &%L TEE YIH JIA i Enterprising Spirit i 4 j rp 1 TV I 1 I #m I if |-m I i/\# P VP lill I fl I v LJ IV I U a lWiflV.l I h 1 1 T 1 WLM A ,^v 4
      483 words
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      633 44 '"T! ~'J .&,< f I m i s{_ --,*•■^v We are our Company is Wt HwKawe won the BCA Awards for Construction j^*WFf fnr tho mn<frnirftnw Of fanHhify w* celebration of the company's 20* Amwersary. 1 -v* 1 K past 2 decades we have $Hvays put in our best effort
      633 words
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      145 45 K Os t i X $**'< l&S&tStt <'- \i >'i', Kgtf&XEfr <% 'TZ. -W.\ V-a"*-' -,'v v "7* '1, 4 "J av r iVr>- -v-V' -J'•• •> •<"-■■ •V"- "•>*'^V'* if* J v > SEATOWN CONSTRUCTION PTE. LTD. (A member of the SEATOWN Group) lOal ACCREDITATION COUNCIL Kaki Bukit Ready-Mix
      145 words
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      157 46 SBBy M^^^!PE^^aj|B||jß it I f r t:* ?*> i B I i u i I' ll Trans Equatorial Engineering Re Ltd is proud to be among the Enterprise 50 Award recipients Since 1980, when we started Trans Led by a dedicated and professional management Subsidiary: Equatorial Enterprises with a team
      157 words
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      762 47 Per M »wi'. ««w««w 'S^,* w'W: r fflWiliiliaji WWHfBBBWHMMgBHffi GILFORD ENTERPRISES /?MTFV If CONSTRUCTION KENWOOD tJMh| 49 Tannery Lane #05-02 VSI/ IILA/iwUll PRIVATE LIMITED KENWOOD ELECTRONICS SINGAPORE PTE LTD Jf Noble Warehouse 432 Balestier Road #02-432 Public Mansion Singapore *****3 JVC ASIA PTE LTD 1 Genting Lane #07-00 Kenwood Building
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      456 49 jl Celebrating Singapore's BBHBBBmL 11 i"f yn Enterprising Spirit Mr Andy Lee K. M. Mr Tan Hoon Peck Management staff Managing Director Operation Director MilHlll KAO LEE ALUMINIUM CONSTRUCTION PTE LTD IS PROUD 1 TO RECEIVE ENTERPRISE 50 AWARD. m M '1* a -y~ «^p-.• I J Singapore specialising in
      456 words
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      203 51 5 jijfeN jjjmr j»^%_ of our 2nd consecu V< MNffln umiiLiiaim llmh aria ihtl i* iff®* fir ra6 ftr" j s t 'irr ■inif tr I As one of the leading companies in printed circuit board and box build assembly, PCA In? Technology Pte Ltd has enjoyed continuous growth in
      203 words
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      226 53 AcSSunoN OFCOTJRCATTOH 1 KENYON ENGINEERING PTE LTD Enterprising Spirit ON THE OCCASION OF LISTED YEAR 200° ENTERPRISE 50 Endress+Hauser (S.E.A) Pte Ltd 9&SKS?£ s— TRANE SINGAPORE COMPUT6R measurement(S) PTELTD Liebert Far East Pte Ltd |emgchoon^* i S££l™ Compact Metal Industries Sdn Bhd Gylet Elevator Co. Pte Ltd UNISTREAM ENGRG. (S)
      226 words
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      818 54/55 AT THE FOREFRONT OF INNOVATION IN FACADE DESIGN FABRICATION cnn r TfToprciv/P 80,LBU D <»> group of companies a mud found*™* *.nce 1.7. I <T 0 0 oUILdUILU GROUP, IS HONOURED TO Receive pharmaceutics!, life sciences, sHron manufacturing and food processing industries. This product The stable of companies under the
      818 words
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      154 57 ?mm V ■?< 'l^iiiia^^mßß ttV *JP <£" .>V' r|^%tf w* jB b < n pKirai 1 YH A HKMK fee".- -JF*&** -W- > iIEyPIHN9PW --I s£* \^K^^^Hk&«^x^^^HHl^H^Hl^HHl^B i®W?ryP'lßj^^^^M&:' jySlllJSr fttjjJE; 5 nc v Hi BKs^i&- 3HP UMiMfcijj—ibmf jMf 4 -|^ly^P^ESfeyl?' tif**'ii^ruTrr i' > WK* j99b 8 H ®^fe®ilSH|^KW *hsP KiP
      154 words
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      240 58 Creating win-win partnerships with our valued customers, suppliers, business associates and our Enterprising Spirit company staff l IBi Kf 1 1 1 u I m ML Jam \lBr <i m |Hk 3i y %f, .I yv jJ H|. J I jf I mL fJ J J Hr \l m M
      240 words
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      117 59 t -4' vi 4 v ar II t o*-* "y •w&w w*w s > 0, i- '?v a jg y j gHpBBs '**>/" asNtfj?* te»' V<&*» aP vISKHBSIW^' ,~'J.~ w MOULDINGS AND SUB-assemblies A BIG THANK YOU TO ALL OUR VALUED CUSTOMERS, SUPPLIERS, COLLEAGUES AND BUSINESS ASSOCIATES FOR SUPPORTING US
      117 words
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      324 61 "We are committed to scaling new heights by nurturing trust with our partners, Jp It whilst providing value-added services and excellence in Quality" 120 0 0 l fK Celebrating Singapore's aflPI Enterprising Spirit I Once again, I I We are honoured to receive the I m Enterprise 50 Award. I
      324 words
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      394 63 WesTech Electronics Pte Ltd A leading Electronics Components Systems and Equipment distributor is pleased to announce that it has been awarded the c r >*' ■v• A I ISNBftk I Since our incorporation, WesTech has Jl/ /p? II always strived to be a reliable business aft J zsv partner to
      394 words
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      263 64 H|^^^^^HHH|^UH! 1 Km «RI&IB^I^^R^BI^HfIH^B^^^^HiB^H^HHBBB j^^^^Bßßß«pfflllMfi il laA W w. if- Is 'T^^Hn^HHMHraHHHnHHB ■3Jr3S®2^^KO* "W IaHBHHHBI^HRIfIH^HHK 1B^ V BSlH?'* IKb®- lift st**' 1 *'"'-i Jp^' '-:I^»M^MIMIiiiP K iSr ~-j{: j fifot -> s; i'•«« WMfta. •MCTggSMgHWBBMKMMBK. V |p jr a -:y 9B JHP V Ml iWBMBMgHH S'!S tf#S^..;,.. JH 'AtPP? r
      263 words
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      222 65 i.y- ITrr.-*. W-V-'i"' '"ffivf 7 StHENG MENG Enterprising Spirit 1947 to '2 000 I 53 YEARS OF FINE FURNITURE TRADITION AND STILL GROWING STRONG I 1950-1960 I •wpil. 2000 Paragon 1970s I 1990s mrt 1980s 1980s Changi Airport Terminal II RIDING ON THE WAVE OF INNOVATION AND TECHNOLOGY, CHENG MENG
      222 words
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      53 66 ASIA'S PREMIER e-SERVICES COMPANY 9 SI 2J Sll^F 13$|8aB8|il8M With Warm Congratulations From The Following Partners: < bmcsoftware feS£ Software superior by design. I ORACLE" —•—Rajah &Tann D „°II ELIEY FINANCLU The Integrated Forwarder j Contact us today to find out how our e-services can revolutionise your business. tel (65)
      53 words
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      195 67 t I > r* r t 1 w y W; i Frontline *r' N < t Scores A Double. y Frontline Technologies Corporation is doubly honoured to be selected again for the Enterprise 50 Awards this year and, also, to win the first ever Knowledge Management Award for our unique
      195 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      303 69 Reuters GRAIN chartering was quiet yesterday with only one fixture reported for 20,000 tonnes of heavy grain from the Mississippi to Morocco. Cargill was the charterer of the Manamaria built in 1978 for Nov 7/Dec 5 at US$25 fio, load/discharge 6,000/15,000. The Baltic Dry Index shed seven points
      Reuters  -  303 words
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      Lock icon MARITIME STOCKS
      305 69 sn Nov 22 S$ V« CWT Distribution 0.60 0.0) 1 Chuan Hup 0.37 -0.01 Mil Cosco Investment 0.17 unch 10 Freight Links —0.14 -0.01 165 G8 Holdings 0.49 unch 0 Hal Sun Hup 0.24 unch 260 IMC HoMlngs-HK 5.60 unch 0 Jay a Holdings 0.15 -0.01 329 Kappal
      305 words
    • Article, Illustration
      Lock icon Hai Sun Hup launches shipping, logistics unit
      520 69  -  Singapore Shipping Corporation will make its debnt tomorrow on S6Z By\ George Joseph [SINGAPORE] The newly created Singapore Shipping Corporation (SSC), the shipping and logistics operations of the listed Hai Sun Hup Group, was officially launched yesterday in a sea of confidence for
      520 words
    • Article, Illustration
      Lock icon Marketing of Singapore's biggest maritime trade show starts
      312 69  -  By I George Joseph [SINGAPORE] Marketing for what may be Singapore's biggest maritime trade show ever has been launched. The inaugural Asia Pacific Maritime show, jointly organised by PSA Exhibitions and Reed Exhibition Companies, will be held here next September featuring some
      FILE PHOTO  -  312 words
    • Article
      Lock icon Cost overruns may shave Newport News' profit
      603 69 Its profit to build nuclear aircraft carrier may be cat by USslBm Bloomberg [WASHINGTON] Newport News Shipbuilding Inc's profit from building the USS Ronald Reagan may by cut by as much as US$lB million (5531.6 million) because of cost overruns on the nuclear
      Bloomberg  -  603 words
    • SHIPPING results
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        Lock icon Mitsui OSK sails into prosperous waters
        1252 70 Contributing to the strong performance is the boom in trade across the Pacific and between Europe and Asia International Trade Journal IT has already been known for some time: most shipping lines are doing better. The loss-making times seem to be over and done
        International Trade Journal  -  1,252 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      172 70 PAGE Eastrans 6 Accord 6 ECL 4 Appenship 5 ECULif 5/6/7 Assets 7 Ever reen 6 Austral 6 Foo Sun 5 5 GH BSA 7 B'tang Mas 6 J""?™ J CCNI 7 Hang 7 •CK«I 3 Heung-A 4 C0SC0 5 Hyundai 7 3 Interasia 7 i Central
      172 words
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      Lock icon SHIPPING GUIDE
      11257 76 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone I 12/12 22/12 CMA CGM POND ADELAIDE US 65-*****00 To ABIDJAN (ABJ) 2003 Cote D'lvolre 12/12 22/12 Djak Lloyd pond adelaide us 45-*****57 05/12 09/01 Del mas VILLE DE VIRGO S40W 65-*****44 12/12 24/12
      11,257 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        676 78 Vessel Voy No Berth Arrival Departure Princess Lil 800 1o7 21/11/730 23/11/7:00 Bt Jaya Raya ***** JOl 21/11/830 21/11/2030 Bt Surya J R 02-NOV-00 JOl 21/11/930 21/11/1230 Winstar 1 H7S00 J03 21/11/930 21/T1/2130 Bt Harapan J 20-Nov JOl 21/tl/930 21/11/1330 Bayswater!18 M0283 J02 2V11/W0 21/11/1630 Ef 23 225
        676 words
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        Lock icon CONTAINER SCHEDULES
        2015 78 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mane* Rstls Ship Voy No Etb/Btr Pftod Prow To From AC* CARNCT m 2VT.J0 ZA 2VT700 22/0659 22/0*00 2t 21/1700 22/0459 22/0900 22/0700 22/189 22/1400 4 22/1200 22/1459 22/1700 ACX SWAN 427C 24/tOO 2A 21/1700 22/0489 22/0900 2t 21/1700 22/0459
        2,015 words
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        Lock icon GLOBAL HOLIDAYS
        136 78 Nor 23 Japan: Labour Thanksgiving Day. USA: Thanksgiving Day. Nov 30 Philippines: Bonifacio Day. USA: Thanksgiving Day. Deo 3 Japan: Culture Day. Doc 5 Thailand: H.M. The King's Birthday. Deo 10 Thailand: Constitution Day. Deo 23 Japan: Emperor's Birthday. Deo 25 USA: Christmas Day. Philippines: Christmas Day. Canada:
        136 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        787 78 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
        787 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        573 78 Carte* 180 Mm 990.7 0.7 12.9 0.10 79 0.03 Nov M Density Water InidM Ask UarnUtm Sediment No above E25 0 0 0 0 0 0 T777 380 Ave 987.7 0J 13.0 0.06 29 0.02 Ium 380 Max 993.2 0.8 15.8 0.10' 70 0.04 M/IT3 v/v
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    • AIR & LAND transport
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        Lock icon UPS gets green light to operate flights to China
        689 79 It gets 6 of 10 new routes; United, Northwest and FedEx get the rest Bloomberg [BEIJING] United Parcel Service Inc (UPS) beat rivals to become the only new US company approved by the US Department of Transportation to operate more flights
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      • Article
        Lock icon No mechanics' strike before Christmas: United
        341 79 But onion says the matter is in hands of mediation board Reuters [CHICAGO] United Airlines, the world's largest airline, said on Tuesday its mechanics would not strike before Christmas despite stalled contract negotiations. The announcement comes a day after the Chicago company and the
        Reuters  -  341 words
      • Article
        Lock icon BA wants to increase flights to India
        254 79 AFP [NEW DELHI] British Airways (BA) on Tuesday said it wanted to increase its flights to India to meet rising demand for direct air services to Britain. "This country represents a tremendous market for our business. There is a huge pent up demand
        AFP  -  254 words
      • Article, Illustration
        Lock icon Ex-F1 champion Lauda quits as CEO of his airline
        163 79 Reuters [VIENNA] Former Formula One triple world champion turned airline boss Niki Lauda has resigned as chief executive of his airline Lauda Air, a company spokesman told Reuters on Tuesday. Mr Lauda, 51, stepped down after a draft report by auditors
        Reuters; FILE PHOTO  -  163 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2079 79 cm maw et* fucwr n» man *05 so2om 2359 mimm mm «w «g tMM1 m mo turn mo £5 Of81 1930 0F62 2050 AM229 2230 W—M SOW* BID WW 0B0 LH6360 2230 tiH0li S0803 1910 C2352 0910 turn 2230 CZ3S3 2305 S0004 MB MmIIUM AW327 0140
        2,079 words
      • Article, Illustration
        Lock icon Part of a parcel
        52 79 [SEATTLE] A new generation empennage made in China being attached to the fuselage of a Boeing 737aircraft at a Boeing assembly factory in Seattle, Washington, yesterday. Chinese parts, such as tail surfaces, are used in a quarter of the Boeing passenger planes which are in service
        AP  -  52 words
      • Article
        Lock icon A South Korean jet flies to Taipei after 8 years
        274 79 Chartered jet is the first after they broke ties in '92 AFP [TAIPEI] A South Korean passenger jet yesterday flew from South Korea to Taiwan for the first time since the two countries broke ties in 1992. The two governments
        AFP  -  274 words
    • LOGISTICS page
      • Article, Illustration
        Lock icon Odd bedfellows for a strong future
        1248 80  -  The Exel MSAS merger has raised questions as to whether the integrated components can work together effectively By Peter Conway IT has been predicted that there would be two types of consolidation in the forwarding and logistics businesses. One is the creation of truly
        FILE PHOTO  -  1,248 words
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      206 69 i Mitsui OSK sails into prosperous waters Page 2 UPS gets green light to operate I M4L ~m I ~m Z rJW bSOlvlVowefer^a»trong^^gJ 4 filll W fea TO INTRA-ASIA TRADE CAF, YAS and FAF The undermentioned shipping lines in the Intra-Asia trade would like to inform all shippers that: For
      206 words
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      224 70 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com 't I r —j i i HF r-jpi p r— irr
      224 words
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      713 70 Lines services represented by Members of the Registry of wK jsMJJ Accredited Shipping Agents. 5/ Singapore Shipping Association Members of the Singapore Logistics Association ULY una MALI Ivtssa Tvoy [75 [75 eta P. KLANG SPORE MALE < Empress Lily VO9OO 05/12 06/12 14/12 Princess Uly VO9OO 28/12 29/12 05/01 Empress
      713 words
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      1085 71 £a ppr^y/;j—g SAX SERVICE (DIRECT) vtssa vot sura uxoonpoiHOUQ* ooiiiwfc API JAK 0241 08/11 23/11 2»/H »/H W» WH »Zll *Z» W/ll 21/11 AWGAWffT 024E 15/11 30/11 05/12 05/12 05/12 05/12 §5/12 05/12 17/12 17/12 APisne 024E 22/il ***** n/iT" 12/12 12/12 12/12 12/12 11/12 14/12 14/12 tfIIURQUOS 0* 29/11
      1,085 words
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      1297 71 HANJIN SHIPPING ||pF HAMJW StWWIC (S) HI 737 SALE 7370H4- *****50-251 MAIM UMI *****55 FAX TO NW USA CANADA r C HADA mva/VOY IMMI 91 imhaui/vot Isu I Tm r ow ~~rw oT lEp «*i ott km ph hw m n* MimiSIOMMS 2S/11 W/ll MKT M/U 15/12 14/11 U/ll 11/W
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      1123 72 SENATOR UNES 21 11 ii.II i 11. —TO MBI>o™^ANE^tCANADA »0Y WW CEH HTM WW HAM BHV FIX MM. VOY Bl Iff IK FOB HX MTW PORTUGAL SENATOR 0014W fl.ll Ml 2 M.12 11.12 11.12 11.12 14.12 CHOYANO CHANCE 0840W M.ll 11.12 12.12 14.12 11.12 21.12 HAIUM BREMEN 0082W 24.11 17.12
      1,123 words
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      670 72 Bfl AA <?%. iNfe IFfe if* ifl« jp% a s I £L |IJI ifl Bp V W B HKfIH W mWk I IHI B B BaVB B MJm (04) *****30 (6C2) 2394(07 BUKABAYA' (31) 3220Q5?11 HO CHI MINH SEMARAN6 MV "DASHENG" V.035 MV "DRAGON TEKONO" V. 173 ETA SIN: 28-11
      670 words
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      655 72 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFB MULUNO, MI—(HCOLfIWO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN 1.C.0. POINTS VMMI »PORE N. SHEVA COLOMSO P.KLAN6 PU BLORY V.IOIW H NOV 06 DEC 11 DEC 11 DEC CALLING P.KLANG 27 NOV AFTER SINGAPORE TULSIOAS V.IS 4 03 DEC 11 DEC 17 DEC 23
      655 words
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      1691 73 IVESSCL VOY KHH HKO SIN PKI I PXB »A» DMAA IK IRAN TEHRAN PCL-182 21/11 22/11 25/11 26/11 03/12 04/12 06/12 0«/12 IRAN TABATABAEI PCL-183 28/11 29/11 02/12 03/12 12/12 13/12 15/12 17/12 IRAN KERMAN PCL-184 05/12 06/12 09/12 10/12 19/12 20/12 22/12 24/12 IRAN ISfAHAN PCL-185 12/12 13/12 16/12
      1,691 words
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      Lock icon Page 73 Advertisements Column 2
      1849 73 TO; COIOUBO EVERY MONDAY I (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE: SO RORINSON RD TEL 226 1900 FAX: *****08 OUTWARD (IA) *****02 Mlh I COSTAR SHIPPING PTE LTD #12-00 SAUS/MGS *****57/43 INWARD DIPT (0/0) *****86 COSTAR AGENCIES (M) SDN BHD ICR NO: **********0* SINGAPORE *****8 CONVENTIONAL *****01/850 T/SHPMT
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      900 74 I EXPORT ■vesa/voyage Isgp 100 Ivwloc [wu |rdm |rhv Inr \m B P URBAN *****09W 2MI «/12 12/12 IVI2 IVI2 14/12 M 2 17/12 BuUNTY 0071-014W OVI2 15/1217/12 11/12 21/12 20/12 21/12 2V12 24/12 UUMOEWiE 0077-001W WI2 22/12 24/1? 26/1? 2&H? 27/12 2M? 3M2 IJ URSULA 0073-012W 17/12 21/12 31/12
      900 words
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      366 74 AMMAN PHtSUWQW/WPIAWSUtCONTWOSWVKI KXPORT VESSEL VOYAGE SGP CM! DM MA AMI DMN lAH KM NXV YIN HE 0185W 24/11- 05/1J 07/1?- 11/12UM ARDENT 0640-02SW Z7/11 01/12 (M/ 12 07/12 01/12- UNI POPULAR 0152-002W 21/11 02/12 01/12 11/12 SONGHE OISBW 01/12- 12/12- 14/12 18/12UNI AMPLE *****33W 04/12 01/12 13/12 14/12 15/12 UMPAIRWI
      366 words
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      830 74 ■AWOKOK/MAP TA PHUT/LA KM CHABANO J Alt ART A/PAN J ANQ VKOI vor SIM IKK MIP UM vlssa VOT I SIN *T PW QUWIHW 1421 25ZL1 2JZIJ 'iff KM IHUW m mi MI =—aaj_ Km —Hsi XETHAIHUM" m—jm m ML_ M- M 4 a/11 01/1? SHIMANAMI 34E 27/11 01/12 01/1?
      830 words
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      524 74 INDONESIA NATIONAL LINE TO AUSTRALIA FULL CONTJUHBISERVICE va _wt pug sw m w sm w mnorr sis »/ii 11/11 17/11 01/12os/n w/» rarsoM ns~ 17/11 a/11 «7ii Ti/iia 12/11 is/n ihihb ~"oi" m/h»5/i? n/» 17/iin/ii n/» PONDNKUUK 3SS M/n»/lt «/H M/ 12 FEEDER SERVICE TO INDONESIA va vot iwii vuuw*
      524 words
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      484 75 BSA x MB MYANMA ■BBk FIVE STAR LINE (Myamnar National Liße) Loading for Yangon VESSEL VOY SIN PKL PIN PGU MONG LA 36W SID PAGAN 2SSW SU> MALAYSIA AGENTS: tOUSTEAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL: TEL 03-*****101 PEN: TIL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A service of Andrew
      484 words
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      Lock icon Page 75 Advertisements Column 2
      1304 75 HMAF-' HYUNDAI MERCHANT MARINE vessel wy sou ILaI m> I ant 1 ham I wry [vcsa vor I sou I i«| tm 1 I hmi Ikvl aw j NOLAMAZOMTE 032W~" wiT 11/12 H/12 13/12 14/12 hycomhww xk »/io 04/11 01/11 02/11 a/11 MAS S4OW 24/11 15/12 H/12 10/12 12/12 HTDUS
      1,304 words
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      Lock icon Page 75 Advertisements Column 3
      776 75 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA RORO HiAVYUFT SBVIg* Vtssa VOY lAMP HEIGHT SW LiC DUO MIA SAY Ml ORE NYC NEW MOO TAMPA AHO23 400TMS 6.3 M W/ll 26/12 03/01 06/01 01/01 10/01 11/01 13/01 17/01 20/01 TALAMT AHO24 4001 MS 6.3 M 11/12 17/01 20/01 22/01
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  • Page 78 Miscellaneous
    • Miscellaneous
      Lock icon Page 78 Miscellaneous Column 1
      122 78 LEGEND Issued byMeteorological Service Singapore K Thunderstorm oqjpi Temperature WjnC c|j rec tjon arx j speed in knots Ra,n Weather u Cloudy Day t><3 Hazy Sea Conditions Wind speed symbols j -i a| ht <1 2m O Full Circle w/o line indicates calm or light and variable winds b^=d -j—.One
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      62 80 IhmH W 1I Hi J ■-i 4.. m Jfe f f 1 > Just In Time With DHL s efficient inventory delivery, you save on warehousing. That way f your profits go up, your boss's confidence in you goes up, and DHL delivers a boost to your career. For more,
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