The Business Times, 20 December 2000

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Microfilm: NL22040
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES MrTA(P)O2Brt 2/2000 WEDNESDAY. DECEMBER 20. 2000 Internet- r:ttp;//ousiness-times.asial .com.sg
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  • Article
    Lock icon MARKET SUMMARY
    25 1 U«Kt*H) .3 Dm* (-3.8) DuwSUMQ 1 1 □srw" KLSEOOV 7MSK .4M NIKKEI 2K HANG SEHO IWM—♦ WM weSSSr^tMiM— TAgPWW tflt» K* —555 £a*g
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  • Article
    Lock icon FINANCE
    58 1 081 SI urn SJUSS/SSpcrQ— UBt 1W edbo(USWE)_««i —ua 1*—tm TBI 1114 MV Mf_ UN i« ™f 7im um BABPP— «J» MS ■ami -tm—tm SiNtiAPOBE* 6J» KUALA liMPUK UB JAKARTA __3M» BANGKOK _§Ji MANILA tlM HONGKONG Ml TAIPEI —1M SYDNEY TOKYO tM SEOUL *M ZUWCM** IB FRANKFUKT** 45» LONDON NEW
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  • Article
    Lock icon Caution in the air as URA offers year's last home sites
    1115 1  -  Choicest is at Mt attract Ms «f $250-300 psfppr By] Kalpana Rashiwala [SINGAPORE] The government yesterday launched the final batch of private residential sites for this year's state land sales, the resumption of which has helped put the brakes
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  • Article
    Lock icon Clinton slammed over labour, green issues in S'pore FTA
    619 1 Republicans say he should consßlt Congress first Bloomberg [WASHINGTON] Republican congressional leaders have slammed President Bill Clinton's effort to include labour and environmental standards in free trade talks with Singapore and Chile, saying it is "at the expense of sound commercial
    Bloomberg  -  619 words
  • Article, Illustration
    Lock icon No plans to move out of S'pore: Catcha.com
    478 1  -  By, Andrew Wee [SINGAPORE] Asian Internet search engine and portal Catcha.com has quashed industry speculation that it might move its operations out of Singapore. A senior executive told BT that the company does not plan to shift its operations to Malaysia, even
    478 words
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      75 1 DOBDDB II H H H lokyo dwkpriOM |j: OCBC and ANZ on trade Id Imm litftrt bonk next vear. W*m>M > '*< V'*' GP Industries interim sums 45%. r n"V .4 •> No free lunch on tie Internet Pp fS gjjjMHHjl IB iffsan tourism industry. 12 ;v. '•*•> |'s Bush,
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      38 1 Malaysia Pgli appoints Att{\rr%ci\f what thie Y want their bankers. General but are not getting it p 1 Exec Money. Back Page lIS interest rates Waihe Federal Open Market Commitoc keop US iHmmHul— itentfr? flfitf <Mtn BTson-ineedWooalfcttpgWb—iiiiei «to—
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      91 1 RAYMOND WEIL GENEVE '.■Vv^SI Ib It Wr U Stffiar CtjomL Qmnk. 5Am —mi naiwr h amtUra aerl Lsdm 9731 ST W Gim 9531 ST. SOU. AGENT CRYSTAL TIME (S) PTE LTD TEL: (65)*****06 aetata http: /Awwwraymond-wifiLdJ. httpJftwww.crystattirTie com.aq ill Wail Showroom A Sarvtca Cantra *02-06 Raffles Hotel Arcade. Singapore (*****.
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Daft's not-so-deft plan
        36 2 A recent headline in the Asian Wall Street Journal read: Why Coca-Cola's board refused to buy Quaker Oats activist directors rejected CEO's daft plan. Well, the CEO of Coke is called Douglas Daft
        36 words
      • Article
        Lock icon Real Estate Stress Test
        114 2 IS anyone aware that the Federal Deposit Insurance Corp, which guarantees bank deposits in the US, has something called the Real Estate Stress Test? In its November report, FDIC said: "Between 1987 and 1995, even though it was a period that included the New England and
        114 words
      • Article
        Lock icon Sign of the times
        71 2 AN early sign that the US credit boom might lead to a credit collapse comes from a website that gives legal information. It said recently that bankruptcy has become the leading subject of enquiry: in October, 35 per cent of visitors asked questions related to the
        71 words
      • Article
        Lock icon Viva Las Vegas
        153 2 RESEARCH house IDC Asia-Pacific takes the cake for its innovative and entertaining year-end get-together last week. Following a casino theme, it featured Vegas-style entertainment —a magic show and a riotous audience-participation segment—as well as gambling, with a difference. Attendees were each given several hundred dollars in chips,
        153 words
      • Article
        Lock icon Scratch and sniff greetings
        49 2 WE'RE used to regular Christmas cards with winter scenes (though it never snows in Singapore), but Star Hub has gone the extra mile on its greeting cards. The cards have a scratch-and-sniff picture of a pine cone when scratched, the picture releases a soothing scent.
        49 words
      • Article
        Lock icon Toshiba's Christmas cheer
        62 2 TOSHIBA Singapore is doing its bit to spread some Christmas cheer this holiday season. It's contributing to charitable causes involving orphanages, street children and anti-drug counselling through the work of Family Care Indonesia (FCI). It's also distributing Toshiba Christmas Treasures, a CD of Christmas songs sung by
        62 words
    • Article
      Lock icon Tokyo stocks M to 21-month low
      524 2  -  Hit by Nasdaq weakness, economic woes, the Nikkei could fall further From Anthony Rowley in Tokyo TOKYO stock prices slumped to a 21-month low yesterday, hit by a combination of weakness in the US Nasdaq market and fears that Japan's economy is headed for
      524 words
    • Article
      Lock icon SIA in shortlist to bid for Air India: report
      421 2 Air France/Delta Airlines, Hindqjas also on shortlist Reuters [BOMBAY] Singapore Airlines, in league with India's Tata group, is among the short-listed bidders for stateowned Air India, the Press Trust of India said on Monday. Others include Air France, in tandem with
      Reuters  -  421 words
    • Article
      Lock icon Airbus superjumbo project gets shareholders' nod
      152 2 AP [TOULOUSE] Airbus Industrie said yesterday that its shareholders have approved the official launch of its superjumbo jet to be called the A3BO, clearing the way to build the world's largest passenger plane. Known until now as the A3XX, Airbus hopes the huge, 555-seat
      AP  -  152 words
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      333 2 The Choices. The Solution... A i 1 Aberdeen la ial Independent AA. The Financial Planning Division of Lum Chang Securities Re Ltd ACM Funds The Investment Professional's Choice ■1 ABN-AMRO Asset Management With literally hundreds of financial products COMMERIBANK to choose from, now's the time to invest for ASBBT MANAGtMtNT
      333 words
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      Lock icon Page 2 Advertisements Column 2
      96 2 Top Performers: Dec 19 NAME GAIN 1 Ms Leu Hul Ling Rachel 132,603 2 Mr Tan Lee Soo 126,665 3 MrKohHeeTiow 117,064 4 Mr Ang Ah Ho 101,056 5Mr Lawrence Leong 65,582 6 MrKohTongChok 72,375 7 Mr Sim Keng Huat Ronnie 64,245 8 Ms Chel Pin Ping 56,671 9 Ate
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      86 3 11l —mm ML lit fIKVNB~ I >' <1 1 11 1 •<» I '-M L V9yt 1 i S I W |1 BPJ» J |jj& >SK- 1 V Mm f" ii $1' k &m>£. PIiIHMMHPPMI^K |S» jjj^ >f" iilfiri > /T^liiMHiißiTW^^ JB il 4' > '*^if j" r |^^s*• n
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  • SINGAPORE companies
    • Article
      Lock icon OCBC to unveil divestment plan soon
      451 4  -  Bank also says Internet banking venture with ANZ on track for launch next year By\ Serena Ng OCBC will unveil its plan to sell its non banking property assets in the next three months or so way ahead of the government's targeted three-year deadline
      451 words
    • Article
      Lock icon NatSteel surges on special dividend
      189 4 NATSTEEL Ltd's special dividend of 71 cents per share helped hoist the counter to $2.94 yesterday its highest close in nearly two months despite bearish market conditions that saw most stocks lose ground. Although Nat Steel shot up as much as 19 cents, or 6.7
      189 words
    • Article
      Lock icon Correction
      68 4 IN yesterday's report, "Nat Steel to make cash payout of $1.32 a share", we gave the wrong figure for the company's special dividend payout. Nat Steel is paying a special dividend of 71 cents a share, not $1.32 a share. This comprises a tax exempt dividend of 10 cents
      68 words
    • Article
      Lock icon Demand down, so Creative cuts Q2 forecast
      244 4 CREATIVE Technology Ltd, the world's leading supplier of computer soundcards, yesterday announced that it had revised its expectations for the second fiscal quarter ending Dec 31,2000. It said the revision was "primarily caused by lower than forecast demand from some of its OEM
      244 words
    • Article
      Lock icon DBS shares hold well despite CEO news
      258 7 DBS shares yesterday held well on confirmation that the bank's chief executive John Olds will be leaving his position next year, in contrast to the negative reaction in July when it was first rumoured that he would resign soon. The stock yesterday finished
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    • Article
      Lock icon Factors to consider in reviewing STI
      711 7  -  HOCKir.TJiMiWI r sivanithy THE Straits Times Index has come a long way from its days as the Straits Times Industrials Index, when it was a 30-stock price-weighted benchmark that was often criticised for having too narrow a coverage and one that was easily manipulated.
      711 words
    • COMPANY Briefs
      • Article
        Lock icon Wee Poh unit clinches $21.8m LTA deal
        63 8 AFX-Asia WEE Poh Holdings said its wholly-owned unit Wee Poh Construction Co Pte Ltd has won a $21.8 million contract from the Land Transport Authority to build a flyover at the junction of Braddell Road and Bishan Road. The project, which will be
        AFX-Asia  -  63 words
      • Article
        Lock icon Corrections and clarifications
        74 8 IN yesterday's report, "OCBC snaps up ÜBS retail broking business for up to $124 million", we quoted a dealer as saying that firms like Grand Orient Securities are too small to compete with bigger players and there would be little point in them spending money to go
        74 words
    • Article, Illustration
      Lock icon FairPrice launches $500m MTN
      436 8  -  This is the Ist time the supermarket chain is tapping the bend market By Serena Ng RETAIL co-operative NTUC Fair Price (Fair Price) yesterday launched a $500 million Medium Term Note (MTN) Programme, the first time the supermarket chain is tapping the bond market. Under the
      ARTHUR LEE  -  436 words
    • Article
      Lock icon GP Industries interim surges 45%
      329 8  -  By Teh Hooi Ling GP Industries Ltd (GPI) yesterday announced a 45 per cent surge in interim net earnings to $12.4 million, thanks to three-month contributions from listed associates GP Batteries and Clipsal. But at the earnings per share level, after taking into consideration new
      329 words
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      1073 4 GPsndustries GP Industries Limited (Incorporated in the Republic of Singapore) Announcement of Unaudited Interim Results for the Six Months ended 30 September 2000 The Board of Directors of GP Industries Limited is pleased to announce the unaudited consolidated results of the Group for the six months ended 30 September 2000
      1,073 words
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      102 4 This announcement appears as a matter of record only 3 SembCorp SEMBCORP COGEN PTE LTD $$460,000,000 FINANCING PACKAGE For a 815 MW Cos Fired Combined Cycle Co-Generation Power Plant Sponsors Trectete! EDB r INVESTMENTS Lead Arrangers Bank of Tokyo-Mitsubishi Group BNP Paribas Citibank, N. A. Credit Agricole Indosuez Dexia Public
      102 words
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      67 5 111 I! tawßlafiew way of thinking 10 achieve 1® IBrakthrough in networking. confidential printing Call Now! 18 0 0 799 858 5 Eina i I salesenq Versatile F.n.shlng Pfffff <' V 2400 dpi resolution Network Scanning 3 ffilPMk*. •¥?$T /|i Canon Marketing Services Pte Ltd 1 Jalan Kilang Timor $09-00
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      524 6 Stock! Volume PohLianlOc 25,498,000 NatSteel 50c 19,895,000 PCI 25c 19,544,000 AEM-Evertech 5c 14,394,000 PacificCenturyl Oc 14,288,000 Gul Tech 20c 11,362,000 Chart Semiconductor 26c 7,827,000 GufTech W*****7 6,950,000 MediaRinglOc 6,312,000 SingTel 15c 6,027,000 Stock* < NatSteel 50c 59,039,570 DatacraftlOc 49,186.179 Chart Semiconductor 26c 43,186,050 DBS Grp 26,558,478 PCI 25c 26,556,650 OCBC
      524 words
    • Article, Illustration
      Lock icon Monday's surge short-lived as tech stocks take a beating
      554 6  -  STOCKS r.sivanithy THE local stock market reverted yesterday to what many believe is its true form. Prices drifted sideways to down in low volume supposedly because Nasdaq plunged for a fifth straight session, but probably because Monday's local surge was due
      554 words
    • Article, Illustration
      Lock icon Sing dollar listing of little help for AFP warrant
      193 6  -  WABRAMT WATCH By) R Sivanithy US DOLLAR-denominated stocks were listed here about five years ago amid high hopes that trading in foreign currency issues would take off. But apart from the occasional spike upwards, it would be pretty accurate to say
      193 words
    • Article, Illustration
      Lock icon Wing Tai's medium-term support at $1.25
      236 6  -  HOT STOCK By Ven Sreenivasan THE stock of property company Wing Tai Holdings made a rare appearance on the actives list yesterday as it edged two cents higher to $1.27. A total of 4.1 million shares changed hands, significantly higher than the 10-day moving
      236 words
    • Article
      Lock icon Market Notices
      130 6 ISETAN (Singapore) has appointed Atsuya Okamoto, its general manager of international operations, affiliated business administration office, a director with effect from Dec 13 in place of Akifumi Morita who has resigned. ♦HUP Seng Huat will go ex-dividend (first and final djvidend of 0.3-cent) on Jan 8, Last day
      130 words
    • Article, Illustration
      Lock icon Asian units recover on yen lead ahead of Fed meeting
      353 6  -  I :i I comment CURRENCIES larry wee POSITION adjustments ahead of the US Federal Reserve Bank's key interest rate meeting called the tune yesterday, with the result that the yen actually gained ground despite the key Nikkei 225 index closing
      Source: Reuters  -  353 words
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      93 6 This announcement appears as a matter of record only. Corporation KEPPEL CORPORATION LIMITED (Incorporated in the Republic of Singapore on 3rd August, 1968) U*****,000,000 Multi-Currency Medium Term Note Programme Arranger ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD *****,000,000 Unsecured Floating Rate Notes Due 2005 Lead Manager The Development Bank
      93 words
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      46 6 Grow Your CPF With eiBht Important All applications lor units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may fall as well as rise >I<l H iSBATJk
      46 words
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      19 7 home-ttyU French cooking at your place or ours. 4te-live The Yuletide Season At Prices and Food That Will Surprise.
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      213 7 Enjoy Chang Eng Company Benefits! Book Now! Brand Ncic Production! A'? i -v i JL V OCBCBank Chang /'hoium-^ x 296-2929 •Wv i Ihe Musical IK! -I I IK Ik \rt- C .irJ Ul Wl. I \l' 1111 Ml s K \l In U I lON I Ik.Hiv I k
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      147 8 vS/ —i iSSBH/ Vietnam Snake Dynamic Hologram Coin Set x An exclusive combination of a l/2oz 999.9 Gold Hologram and a 20gm 925 Silver Proof Mintage 500 sets %jUhQL I j Golden I J Trade Dollar set in an elegant and JR crystal-studded Faberge Egg ff 3 pieces of 2tem^2?Silver
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      1724 8 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I In the VUiier of it* Companies Act. Cap. 50 APPLIED INDUSTRIES (S) PTE LTD l Incorporated In Singapore i Al an Extraordinary General Meeting of the members of the abovenamed Company, duly convened and held at 271 Bukit
      1,724 words
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      338 8 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 50 LEGO ASIA PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of ttie Company deemed to be held at Aastvcj DK-7190 Billund Denmark on 18 day of December 2000, the Mowing resolutions were duly passed 1. SPECIAL RESOLUTIONWINDING UP That
      338 words
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  • SINGAPORE news
    • Article
      Lock icon Cold Storage opens new Raffles City supermart
      494 9  -  Expected to net annual sales of over $20m, it will be one of its top 3 grossing stores By Kalpana Rashiwala COLD Storage yesterday opened its latest supermarket, at Raffles City, which sources said would rank as one of the chain's top-three grossing
      494 words
    • Article
      Lock icon DTZ Tie Leung upbeat on office rents for 2001
      403 9  -  Supply will remain tight despite slightly By 1 Vince Chong OFFICE rents are expected to continue their cheery Year 2000 showing in 2001 as the financial services and technology, media and telecommunications (TMT) sectors expand further. Rents were 23 to 42
      403 words
    • Article
      Lock icon Foreign workforce up faster than local
      338 9  -  ontneeconomy labour By, Anna Teo THE pool of foreigners in the Singapore economy has grown much faster than the local workforce, reflecting their big influx over the past decade. While the resident workforce comprising citizens and permanent residents (PRs) grew only 1.4 per cent
      338 words
    • Article
      Lock icon PWG launches non-life insurance portal
      213 9  -  By\ Errol George PWG Insurance Brokers Pte Ltd has launched www.dicknsure.com, which it is touting as the first click and mortar non-life insurance portal in Singapore offered by a licensed direct general insurance broker. Users of the portal, which has been approved by the Monetary
      213 words
    • Article, Illustration
      Lock icon Hng Kiang named MAS deputy chairman
      163 9 THE government has appointed Minister for Health and Second Minister for Finance Lim Hng Kiang as deputy chairman of the Monetary Authority of Singapore (MAS), effective Jan 1. He will replace Lee Ek Tieng who is retiring on Dec 31,2000. Mr Lim, 46, is
      FILE PHOTO  -  163 words
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      200 9 Maurice Lacroix. Tomorrow's Classics. Polaroid SX-70, 1972 w /*&*s■ i imn Pontos GMT m Pontos GMT: Automatic movement with second time zone, case stainless steel, MAIIDIfP I ArDHIY scratch resistant sapphire crystals (see through back), water-resistant to 50m. IMi/I\IV»C LnV.i\V/IA Switzerland Tomorrow's Classics Awoiabte at Ihe How Glass outlet* BThe
      200 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon US is talking itself into a recession
      743 10  -  ■TTT4 I bottom line OPINION robert reno The writer is a columnist with Newsday LATWP THE United States is sounding like a sceptical jury trying to talk itself into a recession with insufficient evidence. The anecdotal signs are easy enough to come by.
      LATWP  -  743 words
    • Article
      Lock icon IN OTHER WORDS
      102 10 'Like fine wine and fine scotches the mobile Internet is an acquired taste. Our job is to show how phenomenally cool it is to do things wirelessly that were previously done manually.' ClrlTlßkowski chief executive at Palm Inc. the maker of Palm handheld computers, on frustrations over
      102 words
    • Article
      Lock icon Indonesia's faltering reforms
      675 10 EDITORIAL THE recent decision by the IMF to withhold a US$4OO million (***** million) loan disbursement to Indonesia refocuses attention on the flagging pace of the efforts to put the country's economy back on track Indonesia's Coordinating Minister for the Economy, Rizal Ramli, reacted to the IMF
      675 words
    • Article, Illustration
      Lock icon Shin Corp will do just fine without Thaksin
      1142 10  -  He has laid a solid foundation for the corporation, which is now professionally managed Froml Harish Mehta in Bangkok IF the front-runner to become the next prime minister of Thailand, telecom tycoon Thaksin Shinawatra, runs the country as well as he has
      AFP  -  1,142 words
    • Article
      Lock icon Time far a new US-EU partnership
      712 10  -  COMMENTARY Strong ties still needed to ensure world stability By, Jacques Chirac LATWP THE Euro-American summit here in Washington this week comes at a defining moment for relations between the European Union (EU) and the United States just days after the European Council in
      LATWP  -  712 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon First Ladies
      608 11 Getting acquainted over tea NYT EIGHT years ago, first lady Barbara Bush invited her successor, Hillary Rodham Clinton, to the White House for tea. The two women chatted amiably in the elegant Yellow Oval Room in what had to be an awkward session. On Monday, the scene repeated
      NYT; AP  -  608 words
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      16 11 t ?Wwsk K| Diamond DU TEMPS Sol* Distributor Main Service 438 A Alexandra Road Alexandra Service
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      776 11 -s GP Batteries International Limited (Incorporated in the Republic of Singapore) Announcement of Unaudited Results and Dividend for the Six Months ended 30 September 2000 The Board of Directors of GP Batteries International Limited is pleased to announce an extract of the unaudited results of the Group for the six
      776 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon M'sia appoints its first woman AG
      702 12 KUALALUMPUR Ainnm Mohamed Saaid has a reputation as a no-nonsense officer in the Securities Commission, AG's Chambers AP, Bernama MALAYSIA has appointed a woman as attorney-general for the first time, as part of a reshuffle of a legal system that has been heavily criticised
      AP,; Bernama; NST  -  702 words
    • Article
      Lock icon Formula 1 revs up M'sian tourism industry: NEAC
      284 12 KUALA LUMPUR Over 944,000 people visited M'sia in Oct when race was held Bernama THE Formula 1 (F-l) race in October has spurred tourism growth. A total of 944.129 people visited Peninsular Malaysia that month the highest number this year the National
      Bernama  -  284 words
    • Article
      Lock icon MFA rebuts report on SM Lee's remarks
      245 12 He 'had no reason' to suggest that Abdurrahman step down in 2 months [SINGAPORE] Senior Minister Lee Kuan Yew "had no reason" to suggest that Indonesian President Abdurrahman Wahid might relinquish his post in two months, the Ministry of Foreign Affairs (MFA) said
      245 words
    • Article
      Lock icon Halim says won't take Renong private
      186 12 Bloomberg [KUALA LUMPUR] Halim Saad, chairman of Malaysia's biggest corporate debtor Renong Bhd, dismissed speculation that he will take the company private. "It's not an option, it can't be done," he told reporters. He did not elaborate. In October, Mr Halim said he was
      Bloomberg  -  186 words
    • Article
      Lock icon Opposition state to sue M'sian govt
      235 12 KUALA LUMPUR Terrenganu's oil revenue is reason AFP AN opposition-ruled state is to sue Malaysia's government to try to recover oil revenues worth millions of dollars, an official said yesterday. "The Terengganu state government has exhausted all (other) avenues to get back the oil
      AFP  -  235 words
    • Article
      Lock icon Estrada's friend, 2 others charged with stock rigging
      293 13 MANILA Bloomberg THE Philippine Department of Justice charged businessman Dante Tan, a friend of President Joseph Estrada, and two others of illegally boosting the price of BW Resources Corp in the country's biggest stock rigging scandal. Prosecutors, in a 70-page report, found
      Bloomberg  -  293 words
    • Article
      Lock icon Jakarta upbeat on economic prospects
      252 13 JAKARTA Bnt only if political, security problems kept under control Reuters, AFP, Xinhua INDONESIA'S government and the central bank expect the country's economic prospects to keep improving next year, but only if political and security problems are kept under control. "In general, national economic prospects
      Reuters,; AFP,; Xinhua  -  252 words
    • Article
      Lock icon Thaksin's son is top shareholder
      154 13 BANGKOK AP PANTHONGTAE Shinawatra, son of leading contender for the prime ministership, Thaksin Shinawatra, is the wealthiest stockholder in Thailand, according to a magazine report seen yesterday. Money Banking named Mr Panthongtae, 23, the country's top stockholder after his parents transferred shares worth 11.48 billion
      AP  -  154 words
    • Article, Illustration
      Lock icon Equitable-PCI Bank chairman quits
      368 13 ESTRADA TRIAL He says move is to assure public all bank records are in perfect order Reuters [MANILA] The head of the Philippines' third largest bank resigned yesterday following prosecutors' allegations in the impeachment trial of President Joseph Estrada that the bank was used to handle
      Reuters; Photos: REUTERS  -  368 words
    • Article
      Lock icon Bad for stocks, whatever the outcome
      422 13 Financial damage mounts as the impeachment trial drags on Bloomberg [MANILA] Nine days into President Joseph Estrada's landmark impeachment trial, the verdict is already in for stock market investors, at least. "It's not going to be fataT," said Teresa Jharling, a trader at Tower
      Bloomberg  -  422 words
    • Article
      Lock icon Minsheng soars over 60% in debut
      622 14 SHANGHAI Its debut conld herald a new trend far China's banking and private sectors, say analysts Reuters CHINA'S Minsheng Bank soared by more than 60 per cent yesterday as domestic investors cheered the Shanghai debut of the country's sole private bank on the stock
      Reuters  -  622 words
    • Article
      Lock icon Easier for China private firms to do foreign trade
      205 14 BEIJING Reuters CHINA plans to make it easier for private firms to do foreign trade business as Beijing gives the sector a bigger role in the economy, state media said yesterday. The Ministry of Foreign Trade would drop sales revenue and
      Reuters  -  205 words
    • Article
      Lock icon Taiwan wafer fab companies goon expansion trail
      506 14 TAIPEI Mosel to buy plant overseas; SIS planning to build two plants in Taiwan costing NTsloob Reuters TAIWAN'S wafer fab companies are on an expansion trail. Yesterday, semiconductor manufacturer Mosel Vitelic Inc said it plans to buy an eight-inch wafer plant overseas as
      Reuters  -  506 words
    • Article
      Lock icon Indian banks need US$13b to cover bad loans, says S&P
      305 14 MUMBAI Bloomberg INDIAN commercial banks will need up to US$l3 billion (5522.5 billion) in new capital to offset losses stemming from growing bad loans, Standard and Poor's Corp and its Indian partner said. The capital shortfall reflects the moderate capital
      Bloomberg  -  305 words
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      260 12 proj ecteyebaJl. I it's that time of year. I ...when relatives demand to know why singes are still single. fl B 7. Because eventually they'd 9 Because the Big Giant Head fl have to be crushed in my said I wasn't to crossbreed fl plot to take over the world.
      260 words
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      81 13 Indonesia's faltering reforms, Pg 10 Corporate Advantage M M.A For more information fl B H or reservations, please ssll/y (65)2 r #467 effective in August (65) 298-2038 Superior Room Complimentary Local Calls saies@goideniandmark.com.sg and Daily Newspaper Late Check Out till 4pm golden Landmark Additional s$ 10.OO* to SINGATOBE i 390
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      35 13 PIAGET Boutique: #01-11 Ngee Ann City Tower B, 391 Orchard Road, Singapore *****4. Tel: 732 6831. Authorised Retailers: Cortina Watch Deluxe Eastern Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre)
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      331 14 expert answers. market intelligence. THE MEW TRADE EQUATION. SOLVED. tdh id i tracle ex Periencein\/Q|i ip^hlp rnntart^ SINGAPORE TRADE DEVELOPI«HT BOARD INTERWATIOMAL DAY 2001 |I|VOl I U dX IXV WW I I ICiW LO idb international day 2001 all in one day. 9 Jan 2001, 8.30 am to 5.30pm Singapore
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      18 14 No commission. Fix your own fee. Reliable errand runner. Web co-ordinator assistance 386-4208/384-1579 Get your errand done www.urbanservices.com.sg
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  • e-NEWS
    • Article, Illustration
      Lock icon Free Lunch? Not on the Internet
      981 15  -  By Saw Ken Wye Saw Ken Wye is managing director, Microsoft Singapore I > HILE we prepare to cross into the new millennium, the most significant development in the last decade must be /W the Internet and the promise it holds. Many have likened
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    • Article
      Lock icon About ec.Think
      69 15 ec.Think is a series on key issues facing businesses in the e-economy The series takes its name from a private sector consortium formed recently with the aim of helping define and promote Singapore's e-economy. ec.Think currently comprises Andersen Consulting (to be renamed Accenture from Jan 1), Cisco Systems,
      69 words
    • Article
      Lock icon What do you Think?
      45 15 ec.Think is about Singapore's e-economy, which means it's about you. So whether you agree or disagree with an analysis, like or hate a particular point of view, we'd love to hear from you. Just e-mail the author, with accto bizit&sph. com.sg
      45 words
    • Article
      Lock icon CyberWorks to lose No 2 man: report
      453 16 HONGKONG HE Economic Times says Norman Yuen will leave end-Feb to join Citic Pacific; COO William Chenng will take over his job Bloomberg NORMAN Yuen, Pacific Century CyberWorks' No 2 man who oversaw the development of its online business, will leave as deputy
      Bloomberg  -  453 words
    • Article
      Lock icon Solectron's earnings in 1st qtr soar 74%
      411 16 MILPITAS, California Sales have more than doubled fuelled by buys, contracts Bloomberg SOLECTRON Corp, the biggest contract manufacturer of electronics gear which is buying Nat Steel Electronics (NEL), saw a 74 per cent jump in its fiscal first-quarter profit, the company said on
      Bloomberg  -  411 words
    • Article
      Lock icon Sohu to axe 20% of staff in next 2 months
      192 16 BEIJING Bloomberg SOHU.com Inc, China's largest Internet portal, said it will fire 20 per cent of its 641 content and administration staff during the next two months as it cuts costs following a recent acquisition. Sohu, which agreed in September
      Bloomberg  -  192 words
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      309 15 I Only Canon offers a brilliant I I MultiMedia Projection System! I I w' I SCAN PROJECT INSTANTLY! I NO MORE TRANSPARENCY SHEETS I Presentation Assistant PR-200S I I user-friendly colour scanner lets you project colour documents easily quickly, independent of computer I ideal for dippings, photos. hand-written notes, etc.
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      234 16 fl 1 I ft mm mn m^^HjjH Why Sign Up With So Many IDD Service Providers? Afterall, ZONEISII Brings Them All Together For You. ZONEISII is the world first service that brings together a pool of IDD service providers giving you more choice iTop,<l 0!i55 USA 0.088 and better IDD
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      95 16 Since 1975 our worldwide staff of over 275 multi-disciplined professionals .A W including lawyers, chartered accountants. IV; i V chartered secretaries and bankers have j V w provided confidential and cost effective company formation in all the major low ■P tax areas including Incorporation Fees from USSSOO The world's leading
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      107 17 :Z*&iSiti*-.<- <?*ik&sk' *P :.rf ..*> 4US gijHg a.'.s °--~itfvii H Every day, 150,000 people* buy a mobile phone that's Mobile Internet-ready. They want an internet that's as personal as the other things they carry. Ericsgon is already helping mine The new internet. It's more than mobile. It's personalised. network operators
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  • WORLD news
    • Article, Illustration
      Lock icon Bush, Greenspan may not see eye to eye
      738 18 WASHINGTON They are said to disagree over tax cuts and state of US economy LAT-WP PRESIDENT-ELECT George W Bush's post-victory swing through Washington on Monday included the first stirrings of friction in almost a decade between the nation's two most powerful economic
      LAT-WP; REUTERS  -  738 words
    • Article
      Lock icon Wall St wary of outsider heading US Treasury
      551 18 NEW YORK Alcoa chief Paul O'Neill, a relative unknown to markets, emerges top contender for post Reuters WALL Street wants one of its own to head the US Treasury, but President-elect George W Bush is casting the net wide, raising questions about
      Reuters  -  551 words
    • Article
      Lock icon Auditor blasts L&H top executives: report
      469 18 NEW YORK Reuters SENIOR executives at Lernout Hauspie Speech Products NV (L&H) conspired to "hide and falsify" information, overstate operating results and inflate L&H's stock price for personal benefit, the Wall Street Journal reported yesterday. The report carried in its electronic edition yesterday cited
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      Lock icon US job cuts, layoffs on the rise
      572 19 DETROIT This is seen as farther evidence economic growth might be slowing LATWP JOB cuts and layoffs are piling up like this season's Midwest snow, further evidence that the end of an unprecedented stretch of economic growth might be heaving into sight. The
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    • Article
      Lock icon 'Hands-on' Briton to head Royal Dutch/Shell
      357 19 LONDON It raises cost saving target to USssb, capital expenditure to rise to USsl2b FT ROYAL Dutch/Shell, the world's second biggest oil company, on Monday announced the appointment of a chairman with an aggressive managerial reputation and increased its targets for cost savings and
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    • Article
      Lock icon Prudential Insurance of America plans IPO
      308 19 NEW YORK Move will make Prudential most widely held US stock Reuters NO 2 US life insurer Prudential Insurance Co of America said on Monday it plans to become a public company in an initial public offering (IPO) next year, which would allow it
      Reuters  -  308 words
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      331 18 Cracked Spores Powder Hlw Ancient Remedy Lingzhi or the Ganoderma Lucidium mushroom, an umbrella-like mushroom fungi, was known to ancient Chinese emperors and nobles as The Wonder Herb" for its excellent health enhancing properties. Today, as promote enhance alertness reduce fatigue and give an overall boost to your health! W
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  • FINANCE & commodities
    • Article
      Lock icon Futures dip along with cash market
      295 20  -  SGZ Derivatives Tradingßeport ST Indev/MSGI S'pore Index Lau Chee Keong Refco Singapore THE Singapore stock market fell yesterday, led by technology stocks after the Nasdaq's fall overnight. However, a rise in property shares on hopes of a lowering of interest rates by the US
      295 words
    • Article
      Lock icon Tech sector slowdown hits futures
      228 20  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore THE MSCI Taiwan stock market yesterday continued to drift lower as investors refused to take any risks ahead of the Federal Open Market Committee (FOMC) meeting despite market consensus that the Federal Reserve will leave interest rates
      228 words
    • Article
      Lock icon Crude oil prices hold steady
      168 20 ENERGY REPORT Bloomberg [LONDON] Crude oil was little changed above US$26 a barrel yesterday after rising for three days as forecasts for cold weather in the US, the world's largest energy consumer, raised expectations for strong heating fuel demand. Brent crude oil for February settlement
      Bloomberg  -  168 words
    • Article
      Lock icon CURRENCY REPORT
      344 20 Reuters London THE dollar clawed back more than a cent from three-month lows it had set a day ago against the euro before the US Federal Open Market Committee meeting yesterday. Losses the euro suffered against the dollar knocked the single currency back be low 100 yen, down
      Reuters  -  344 words
    • Article, Illustration
      Lock icon Untitled
      1237 20 ntTERBAMK CROSS RATES Decjy AS CS Rmb Euro Ffr Phi HK$ Ind 8s Ruplah Yen Won BM NZ$ Pak Rs Peso S$ Rand Sfr HT$ Batrt Pound US$ Australia 0.827 4.500 0.605 3.968 1.183 4.229 25.*****.402 0.607 6.554 2.061 1.261 31.559 27.167 0.940 4.170 0.910 17.943 23.336 0.368 0.542 Canada
      1,237 words
    • Article
      Lock icon Untitled
      1916 20 MOUM FUTUm Dec 19 RUUER (futurn cl«lng ti it 5.30pfln) RSS1 CONTRACTS ctnts/kg) CJm VoMnm 0m Month HUN Low Sott mm) Intomt Jan 01 W8.75 Fab 01 107.25 50 Mar 01 109.50 109.50 109.50 300 *00 Apr/Jun 01 t&25 RSS 3 CONTRACT (US ctnti/kg) ,V*WW Month Hftn Low Srtt (towm)
      1,916 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng Index rises on hopes of US rate cut
      2894 21 HONGEONG AFP Q Hang Seng ****** HONGKONG share prices rose 1.08 per cent yesterday on expectations that the US Federal Reserve will cut key interest rates early next year, dealers said. The key Hang Seng Index gained 163.51 points to
      AFP  -  2,894 words
    • Article
      Lock icon Nikkei slumps to 21-month low
      2089 21 TOKYO AFP n Nikkei 225 -35L53 WMm TOKYO share prices slumped to a 21month low yesterday with investors depressed by a gloomy outlook for hightechnology enterprises and mounting evidence of an economic slowdown in Japan. The Tokyo Stock Exchange's Nikkei--225 average lost 351.53 points or
      AFP  -  2,089 words
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      Lock icon CHINA
      1080 21 Reuters Shenzhen B Into +026 CHINA'S B shares closed a touch higher yesterday amid cautious trade, with the main bright spot being a nearly 60 per cent surge on the debut of China's only private bank, Minsheng Bank. Domestic A shares in Minsheng Bank had risen 57.29 per cent
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,080 words
    • Article
      Lock icon TAIPEI
      382 21 AFP TAIWAN share prices closed 0.3 per cent lower yesterday on selling of technology stocks following losses on the Nasdaq, dealers said The Taiwan Stock Exchange Weighted Price Index fell 14.95 points to 5.040.25, following a 1.5-per cent decline in the previous session. Turnover was NT$3O.BO billion against NT525.79
      AFP  -  382 words
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      799 22 CJATPXAFKIT I am pleased to report that we have achieved good PROPE RTY results for the year. The much improved business The retail podium of Paragon is fully occupied while its 14sentiment has enabled us to achieve a 31.5 per cent increase in storey medical/office block achieved more than 60
      799 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon Stocks close lower due to weak sentiment
      344 23 AFP ttCmjmfahla -4124 MALAYSIAN shares closed fractionaUy lower yesterday amid continued weak sentiment and late selling of Telekom Malaysia, dealers said. They said some investors were also believed to be liquidating positions before the implementation today of a shorter trading settlement system. The
      AFP  -  344 words
    • Article
      Lock icon Untitled
      9053 23 MDUSTHALS Cmmmm prefects 2000 Last Vol Day Met Cap wm» Lew Cimpany M» 'OOP MH> Lew W/l Sm* 420 310 Apnomoto 310 unch 15 310 310 17.0 125.6 158 39 Anqkasa 39 -3 94 42 39 57.5 670 290 Apollo Food Hlq 360 73 144.0 630 330 AsiaF)* 346 2
      9,053 words
  • Page 23 Advertisements
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      19 23 TlipStaiifoTimps Multi-skilled worker, aspiring leader, all-rounder, star performer- Find the right staff through The Straits Times Recruit. 1800-74H883 o
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2730 24 BONDS A WARRANTS Dec 19 Wt Writs fnm! ajtry V l t Ust Val Day LntOMtt At* n«H Can Enr Hk Mki Hi* Lot f Sate *m- C000) Htfk Lav Buyer Sa«ar frtca CaaHl) Rati* Plica C%> Bllrti|T LaW 51.5 3 s Acma W*****4 5 2 21 5 3 3
      2,730 words
    • Article
      Lock icon SEOUL
      318 24 AFP CI Composite Index -8.47 SOUTH Korean shares fell 1.6 per cent yesterday with the index down 8.47 points at 530.80. Volume was 288.1 million worth 1.6 trillion won. —AFP Dec W Won *h Anam Semi 3570 -390 Brain Tech 515 -15 Central Bank 170 unch Cheil Comm —*****
      AFP  -  318 words
    • Article
      Lock icon MANILA
      286 24 AFP Composite Index *s^o PHILIPPINE share prices closed 0.4 per cent higher yesterday with the Composite Index up 5.8 points to 1,413.99 points. Volume was 155.27 million shares worth 2.69 billion pesos from Monday's 352.44 million shares worth 399.11 million pesos. AFP Dec 19 Peso COOO) Abacus Construction 0.47
      AFP  -  286 words
    • Article
      Lock icon WELLINGTON
      263 24 AFP PtBSE-40 -10.00 WHITEWARE manufacturer Fisher and Paykel shares dominated New Zealand stocks yesterday after it announced it would split in two, dealers said. The NZSE-40 Capital Index fell 0.5 per cent or 10 points to 1,920.26 on light turnover of NZ$B4 million.— AFP Dacl» MS (0001 Advantage HOS
      AFP  -  263 words
    • Article
      Lock icon SYDNEY
      546 24 AFP HI All Ordinaries +1!M)0 AUSTRALIAN shares rose 0.6 per cent yesterday as they continued to recover from last week's sharp falls with the banks and News Corp leading the market. The All Ordinaries index rose 19.5 points to 3,203.8. The benchmark SP/ ASX2OO lifted 21.5 points to 3,258.1.
      AFP  -  546 words
    • Article, Illustration
      Lock icon BANGKOK
      740 24 AFP □SET Index -010 THAI share prices made marginal losses yesterday, as trade ground to a halt amid a lack of factors to lead the market, dealers said. The Stock Exchange of Thailand (SET) Composite Index lost 0.10 points to finish at 271.09 points, and the SET 50 index
      AFP  -  740 words
    • Article, Illustration
      Lock icon JAKARTA
      736 24 AFP Composite Index +0123 INDONESIAN share prices closed 0.05 per cent higher yesterday in mixed, thin trade ahead of the year-end closure, dealers said. The Jakarta Stock Exchange Composite Index closed up 0.23 points at 418.78, on a volume of 316.6 million shares traded worth 148.96 billion rupiah. Declines
      AFP  -  736 words
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  • Article
    Lock icon STOCKS sgx
    9989 25 SGXMAXNBOARD Transaction date: Dec 19 Or Or M Wt 52-Wk List Vol Day La It Quota Olv Olv YM Nat Cap Av« Mtqh Low Company Sala COOP) Hlfh Law jwyar »a<tf H C'vf H Pfl $wll Prtco MULTI-INDUSTRY 163 75 m c Acma 50c 78 unch 29 78
    9,989 words
  • Page 25 Advertisements
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      38 25 Cash for your shares! Call us at Come to us for fast, easy HOTLINE: 880 0688 and hassle-free share loans at low interest rates. singapura rzzzzszzzz Up to 70% financing. AngMoKio: 458 4222 •Serangoon: 299 8855 I £L <
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      793 26 Where to wine, dine and entertains Seafood Gala Buffet Dinner '$68 (Adult) Early Bira Dining from 6pm to Bpm *$45 (Adult). Group dining with 10 persons or more will receive either a bottle of champagne, wine or free flow of soft drinks with reservations after Bpm. Count down to the
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      Lock icon Page 26 Advertisements Column 2
      114 26 Christmas funland 25 Dec 2000 mandarin Ballroom a A Join us at this *~j| A amusement-packed J| S jubilee ideal for the ■JJ jj whole family. Reservations: 831 6288 (10:00 am to 6:00 pm daily) L Singapore __i sz. w -hi MBS 333 Orchard Road. Singapore *****7. Tel: 737 4411
      114 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      959 26 ILOO Dining In Style. LOO Wed Midnight Movie: 10.00 Singapore Tonight. 1130 Homes With Style. Girl Friend. 10 JO Cheer Up Japan (R). 0.00 AM Kids Central: Sesa- 12.00 NN Caprice's Travels. 230 Unearthed. ILOO Asia Tonight. me Street. 1230 PM Win, Lose or Draw. 3.00 Don't Worry, Be Happy.
      959 words
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 2
      335 26 CRYPTIC CROSSWORD ACROSS 4 Tiredness affected the noncon--1 ldin S raceste,,asar 5 Wvided before the game (5) 5 A strfoing musician! (7) 6 A» really cold and 9 n„ i S£ s C ?77' :aSh COk>UrSand 1 sff I P"l down holdings al--10 ¥rain Dossiblv mid-week when coholic drink (7)
      335 words
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  • PERSONAL INVESTMENT/FINANCE
    • Article
      Lock icon Take a stock check
      684 27  -  money rrrera Stocks may be perceived as superior investment alternatives, but just how much off your assets should be in stocks? Here are some asset allocation models By. Lilian Ng The writer is a financial planner. This is a fortnightly column on financial planning issues THE
      684 words
    • Article, Illustration
      Lock icon Selling up sharply with insider sentiment bearish
      1502 27  -  I IJWIi]:* markets Capital negative on Datacraft; Wee Cho Yaw offloads UOB; sales seen in Clipsal, Keppel, Poh Lian By Robert Halili The writer is bureau chief at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore News Desk.
      Source: Primark ITA  -  1,502 words
    • Article
      Lock icon ACU DEPOSIT RATES Offered by various banks (as at Dec 19, 2000)
      1293 27 BANKS/FINANCE COMPANIES AMOUNT 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS ABN-Amro Bank *****-***** 1.2500 1.6300 2.0000 2.1250 2.3800 *****-***** 2.5600 2.5600 2.5600 2.6200 2.6200 Bank of S'pore 3 000-100,000 2.7500 Citibank Up to ***** 1.6875
      1,293 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon new economy new money
      1501 28  -  Today's freshly minted millionaires are young, tech-sawy risk-takers who are more interested in wealth creation than wealth preservation. And thafs a call asset managers have yet to respond to, as SERENA NG finds out SERENA NG ASSET managers have to shape up to meet the changing
      SIEW YAW HOONG  -  1,501 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      281 29 Reuters GOOD news for panamax shipowners emerged on Monday as the dispute between the United States and Japan over the genetically modified maize Star Link appeared to be over, brokers said. Japan's Agriculture Ministry said on Monday it had agreed to a US plan for testing corn to
      Reuters  -  281 words
    • Article
      Lock icon MARITIME STOCKS
      296 29 SGX oecw s$ w CWT Distribution 061 unch 0 ChudO Hup 0.37 -0.01 869 Cosco investment—0.16 -0.01 37 Freight Links 0.t3 unch 145 G8 Holdings 0.48 unch 0 Hai Sun Hup 0.24 -0.01 269 IMC HokJings-HK —5.60 unch 0 Jay* Holdings 0.16 0.01 185 Keppel Corp 3.40 -0J0
      296 words
    • Article, Illustration
      Lock icon World seaborne trade forecast to rise 2%
      540 29  -  World economic output to grow 3,5-4-5 per cent this yean Unctad report By] Donald Urquhart [SINGAPORE] World seaborne trade, driven by the recovery of Asia's economies and sustained import demand in the US, is expected to grow by 2 per cent in 2000
      540 words
    • Article
      Lock icon Empty cruise ship sinks off US
      151 29 Bloomberg [WASHINGTON] A Premier Cruise Lines ship sank in 50knot winds and 25-to-35-foot seas 200 miles off the Virginia coast after rescue helicopters plucked all 34 crew members from the vessel, the US Coast Guard said. The Panamanian-flagged Sea Breeze I, which had no
      Bloomberg  -  151 words
    • Article
      Lock icon P&O to sell bulk shipping unit to Israel's Zodiac
      309 29 Sale of ABC leaves UK firm with jnst container shipping, ferry and ports businesses Reuters [LONDON] UK shipping firm P&O, having already quit the cruise line business that made it famous, is selling its bulk carrier division to an Israeli firm,
      Reuters  -  309 words
    • BOEING'S proposition
      • Article, Illustration
        Lock icon Playing safe with B747X
        969 30 Boeing is responding to the A3XX with an expansion of its 35-year-old 747 jumbo jet programme Reuters [SEATTLE] Convinced its chief rival is gambling aggressively by building a fleet of airborne cruise ships, Boeing Co, the world's biggest planemaker, is betting its own money on a
        Reuters  -  969 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      314 30 PAGE Accord 6 Ahrenkiel 11 Appenship 5 AsiaOCL 10 Assets 7 Austral 6 Avant 11 B'tang Mas 6 BSA 7 BTL 11 Balaji Shpg 5 Bangladesh 10 Batamindo 10 CCNI 7 CMACGM 3 COSCO 5 COCOS 10 CSAV 3 ft Central Ex 6 Chahaya 11 Cho Yang
      314 words
    • Article
      Lock icon SHIPPING GUIDE
      14091 36 THEBUSINESSTIMES, Page 8 EXPORT WEDNESDAY, DECEMBER 20, 2000 ETA ETA Advertiser Vessel Voyage Telephone SIN Dtsfn Nam* Name Number Number To ABIDJAN (ABJ) 2003 Cote D'I voir* 27/12 03/02 C0SC0 MING HEAVEN 0023W 65-22(1900 31/12 04/02 Delmas OELMAS DURVILL8 »7W 65-*****44 02/01 02/02 MOL PSO NED AMAZOMAS 6301A
      14,091 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        803 40 Vessel Voy No Berth Arrival Departure G Express 7 *J12 19/12/8:10 19/12/17:00 Bt Kjryi lit ***** J01 19/12/8:45 19/12/1300 Bt B Harapan ***** J01 »/J2/8:30 2AKKS8, G H Pioneer P***** JOB 19/12/7:55 19/12/22^)0 Tridaya 1801 1 J15 19/12/8:55 19/12/15:15 Winstar 1 129S00 J03 19/12/7:20 79/12/21:15 El 23 245
        803 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2065 40 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booklng/Manct Rstls Ship Voy No Etb/Btr Ptrlod Prow To From ACHIEVER 395 21/20*0 2A N/1700 N/0859 11/0*00 21 18/1700 N/0859 19/0900 19/0700 N/189 N/MOO 4 19/1200 N/M59 19/1700 ACX EAGLE 0038 20/4:00 2A 18/1700 19/0*99 19/0900 28 18/1700 19/0859 19/0900
        2,065 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        232 40 DM 23 Japan: Emperor's Birthday. Deo 28 USA: Christmas Day. Philippines: Christmas Day. Canada: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Sweden: Christmas Day. Indonesia: Christmas Day. Malaysia: Christmas Day. Singapore: Christmas Day. United Kingdom: Christmas Day. Korea: Christmas Day. Taiwan: Constitution Day. DM 26 Canada: Boxing
        232 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        821 40 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
        821 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        583 40 Carton WO Mm 990.7 0.7 12.9 0.W 79 0.03 Mm vi Density Water Residue Ash Aluminium Sediment No above £25 0 0 0 0 0 0 ***** 380 Ave 987.2 02 12.9 0.06 26 0.02 v uL 380 Mi 992 J 0.8 15.8 0.09 70 0.03
        583 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Airbus to give green light for superjumbo launch
        680 41 AIRBUS A3XX PROJECT European planemaker will also reveal final name of aircraft Reuters [MUNICH] Airbus Industrie was to give the go-ahead yesterday for the US$lO.7 billion (5518.5 billion) development of its new A3XX giant airliner, industry sources said. Chief executive Noel Fo'rgeard
        Reuters; AFP  -  680 words
      • Article
        Lock icon Heathrow to invest £150m to handle A3XX
        208 41 Reuters [LONDON] British airport operator BAA pic will have to invest about £150 million (***** million) to prepare London's Heathrow airport to handle the Airbus A3XX superjumbo, the Financial Times reported yesterday. It quoted BAA chief executive Mike Hodgkinson as saying that the
        Reuters  -  208 words
      • Article
        Lock icon Rolls-Royce wins US$600m engine deal from Virgin Atlantic
        326 41 Bloomberg [LONDON] Rolls-Royce pic, the world's second-largest aircraft engine maker, said it won a US$6OO million (5518.5 billion) contract from Virgin Atlantic Airways to equip up to 12 new Airbus Industrie A3XX aircraft with Trent 900 engines. Virgin's selection follows Singapore Airlines's
        Bloomberg  -  326 words
      • Article
        Lock icon CAL to increase Asian flights
        112 41 Bloomberg [TAIPEI] China Airlines (CAL), Taiwan's biggest carrier, said it plans to increase flights to Asian destinations by almost a tenth over the Chinese New Year to meet increased demand. The airline will add 208 one-way flights, of which 168 are regular and 40 are
        Bloomberg  -  112 words
      • Article
        Lock icon US transport safety board chief Jim Hall to quit
        316 41 He will leave on Jan 18 after six years of leading probes into accidents Bloomberg [WASHINGTON] US National Transportation Safety Board acting chairman Jim Hall said he will resign the position that gave him the top role in investigating air crashes
        Bloomberg  -  316 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1830 41 an fuoff m futwr n» h aim tre MMk AN8229 2230 LH6380 2230 $0229 2230 nmiiiniii son omo wt* oho K***** 1535 K***** 0125 KIOTO 2335 MM no AnUMMrtw MOOB 0U5 AtlNm S0347 0645 $0348 2255 tocklMd HZ23 1850 U4285 2045 S***** 1650 S0285 2045 N*****
        1,830 words
    • SHIP REPAIR AND CONVERSION
      • Article, Illustration
        Lock icon Moving into higher-value services
        1668 42 Can Singapore keep its place as a premier ship repair and conversion location in the face of increasing competition? THE overall performance of the marine industry in Singapore is unlikely to match that of 1999 due to slow orders at the beginning of this year. But
        1,668 words
      • Article, Illustration
        Lock icon It's all about change
        583 44  -  A career in the ship repair and conversion industry promises a difficult but rewarding experience. By Felix Siew Felix Siew is a freelance writer. THE marine repair industry in Singapore is setting sail for a new course and gearing itself up for new challenges. Mr Poon
        PHOTOS: SINGAPORE TECHNOLOGIES (ST) MARINE  -  583 words
      • Article, Illustration
        Lock icon A piece of the action
        1029 44  -  Singapore is not the only country taking advantage of the booming ship repair industry. By P.T. Bangsberg P. T. Bangsberg is a freelance writer specialising in transportation. taMaritai WHEN it comes to the ship repair sector, Manpower Minister, Mr Lee Boon Yang, was right. "Competition
        1,029 words
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      Lock icon Page 29 Advertisements Column 1
      188 29 Strait Talk Is being held over TTCLUB THE TRANSPORT MUTUAL TRANSPORT CLAIMS SPECIALIST A claims specialist is sought by Thomas Miller (South East Asia) Re Ltd to join an energetic and committed team providing expert underwriting, claims and advisory services to Members of the TT Club based in SE Asia.
      188 words
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      386 29 C# On V special feature pjgcs one-three Boeing plays safe with 8747 X page 2 Airbus to give green light for A3XX launch page 13 i ii i ,111' i ii 1111,11 ih i in ii ii I i il i /i ii ii I ii i •ill >i 's
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      1348 30 I NORTH AMERICA I I EXPORT 1 1 OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) VOT I (TASK I ETDSM LOKKACM MUAS HOUSTON CMCMO I MWYORR I MEXICO CITY VBSE I VOT 181 PI-MKHAII ACAMYIA SAMLORBgO (O—TO rTttIWtIWMIWI SAIMA(Mg
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      742 30 Lines services represented by Members of the Registry of Accredited Shipping Agents, !y Singapore Shipping Association Members of the Singapore Logistics arsr<f W Association jgULYUNE-MAIE vessel voy [75 [~75 ha P. KLAMG STORE MALE Princess Uly VO9OO 28/12 29/12 05/01 Empress Uly VOlOl 14/01 15/01 23/01 Princess Uly VOlOl 28/01
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      1218 31 Ivesa vot I sw mo anr ham »v sou fit ih I [vKsa vor m anr ham mv sou fit ta awl tfIGBUMNY 030W 21/12 13/01 10/01 11/0100/01 JVIMNNDM 31* 03/12 30/11 01/1221/11 22/12 HVHiraKK 332W 25/12 12/01 13/01 17/01 10/01 API AGATE 0231 00/12 05/12 00/12 01/12 24/12 MOSa
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      1617 31 HANJIN SHIPPING jik F U i. Ms tvWyn La* -S*s *****30 NAHM SMPPM6 (S) PTI lIP h»//—.!■#.«» *****6:*****35 237 SAUS: *****24 231 *****811: *****7 274 0PBAH0IIS: ********** MAIN LIME: *****55 f«:S3tIMS a MO: HS3W3OOOOM TO NW USA A CANADA USA CANADA* TO VSI/VOY IMI SM IMHMiyVDT I SU I TW
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      473 31 Vtssa VOY SIM JKT SUB TTT 1777" 777 NU 012 HOI 24ZH i i i —z_ fAtiA iiruMfr, «ns jim 24m azi2_ ___^^^3^o^ovo i ovo L mi w wfi jjjjj HAfIHAMAIU 00M 23/12 27/12 »/12 M/ 01 KMTC HOM6KOM6 PITS 25/12 24/12 0171 27/12 31/12 02/01 M/ 01 05/01 05/01
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      1425 32 SENATOR LINES TO UK/CONTINENT TOMEIffraKRANEANCANADA VESSEL VOY «T" LB) HTM Mil HUM WW FIX «SSa VOY SW BIT SPt FOS VIC MTU PUOONG SENATOR 001IW 18.12 06.01 88.81 08.01 M.Ol 10.01 11.01 CHOYANG SUCCESS 8845W 21.12 87.81 09 01 11.11 1101 20.01 HMUM SAVANNAH 0006W 22.12 13.01 14 *1 11.01
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      929 32 lIMMI l-rV-/\~ J OR NOi laoofianoon SBU: (064)*****8 MAMLA: (632) *****24 W PENANQ: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P.KELANQ: (03)*****77 JKT: (21)6WH346 KUCHNQ (062) *****1-3 MANILA HAIPHONG MV "AVEIRO" V.OlO MV "VAN XUAN" V.E5280 ETA SIN: 22-12-2000 S,N: 23-12-2000 MADRAS DUBAI MV "TIGER METRO" V.861N MV "WAN
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      703 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUND. MUMBAI/COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS VMMI S PORE N. SHEVA COCHIN COLOMBO P.KLANG TULSIDAS V.I3S 24 DEC 02 JAN 07 JAN 12 JAN FRONTIER V.103W 31 DEC 09 JAN 14 JAN 19 JAN PU GLORY V.103W 07 JAN
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      1722 33 IVfSStL VOY KHH HKO I SIN I PKI PXi RA9 DMM UK IRAN TEHRAN PCI-197 26/12 27/12 30/12 31/12 07/01 08/01 10/01 12/01 IRAN TA9ATA9AEI PCL-188 02/01 03/01 06/01 07/01 14/01 15/01 17/01 19/01 IRAN KERMAN PCL-189 09/01 10/01 13/01 14/01 21/01 22/01 24/01 26/01 IRAN ISFAMAN PCI-190 16/01 17/01
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      1898 33 hZTuXW EVERY FRWAY "1 (T/TtfDAYS) I YANYIAM > EVERY TVEStAY I v ft FUMY I (Y/Yl4 RAYS) J GENERAL AGENTS IN SINGAPORE: 80 ROIINSON RD TEL 226 1900 FAX: *****08 OUTWARD (8/L) *****02 COSYAR SNIPPING PTE LTD #12-00 SAUS/IKGS *****57/43 INWARD DIPT (D/ 0) *****86 COSYAR AGENCIES (M) SDN BHD
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      1234 34 MEEXTERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VSSa/VOYAGE SGP |Ctt |VBI |OB |MU [RDM IBHV |WP |ZB lIUIIEOC74OQ7W 2V12 05/01 07/01 09/01 11/ Dl 10/01 12/01 IVOI 15/31 LHIfiSESOO7SOOSW 31/12 12rtl1VD1 Ml 18/01 17/01 19/01 21/01 22/01 EIUNIH>OO76O44Wr 07/01 19/01 21/01 23/01 25/01 HDI 2fc/0l 28/01 29/01 UUNCORH 0077-003)) 14/01 26/01 2&DI 30/01
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      869 34 ■AMOKOK/MAP TA PHUT/LAKH CHAIAIIO JiMWaffMyMiO V«« I VOT lain lIF I Lot rasa WT Isw _m pw mum m_jßAi —um ,—M2_ ggg= jjfl m ML-mi—um =—S $k g$ r SHIMANAMI 3« 25/12 21/12 21/12 Hair 1 048 24/12 21/12 YAHTHA IHUM 371N 24/12 30/12 21/12 mTIIBUM lift ZS7I7 31/1? NANTAIHUM
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      620 34 INDONESIA NATIONAL LINE TO AUSTRALIA "1 FULL CONTAINER SERVICE va KJT IHG SW HK t STP MB tOA Ml HE POTSDAM IMS B/1226/12 05/01 07/01 09/01 11/01 NTKPHK W 11/0102/01 01/01 14/01 16/01 il/W PONDADBAH HT M/ 0109/01 19/01 21/01 23/01 26/01 VI Ivor IsT 15/01 16/01 22/01 21/01 30/01
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      489 35 BSfl x mm. MYANMA wBBk FIVE STAR LINE r (Myanmar National Llm) Loading for Yangon VESSEL VOT SIN PKI PEN PGU PAGAN 28SW SU> HPA-AN 2S2W 21/12 MALAYSIA AGENTS: WUSTEAO SHIPPING AGENCIES KUL TIL 03-*****00 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A strvki of Andrew
      489 words
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      1411 35 HMM^ HYUN^^AERCHANijMAßiN^Oj^tfD^^^^^^ IVBsa voriawi sou I ia 1 «tm I amt I ham I wrv Ivpsa I vor I sou I la wb lam I ham Ibk |sw API GERMANY V.030W 21/12 08/01 06/01 03/01 04/01 tfIMJMMW VJIK 27/11 02/12 29/11 30/11 21/12 MOSa VLS37W 22/12 12/01 13/01 07/01 09/01
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      928 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HtAVYUFT SERVICE' I VESSEL VOY RAMP HEIGHT SIN IK MAO DMA SAV lAL OKF NYC NEW MOI TAMPERE AHIOI 400Toas 6.3 M H7TT 25/01 02/02 05/02 07/02 09/02 To76T 12/02 16/02 17/02 TEXAS AHIO2 4001 ms 6.3 M 12/01 09/02
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      1095 38 SSAMUDERA SHIPPING LINE LTD 72 Imml load, #06-01 03, Singapore *****1 MAIN UNE/OUTWARD: 532 368* INWARD (DID): 437 2368 IMPORT STATUS (DID): 437 237$ INVDITORY (DID): 437 242* Wobtito kttp://www.tamiHl«rq.(Mii Ct NO. 1M*****000H BOOKINGS LINE; 535 6266 (Celia/J«»sica/M»i Chan/Jeslynn/Dora/Yvonne/Honim) mSOHHSBH 7 SLGS/WEEKLY 3 SIGS/WEEKLY VESSEL I VOT SM I iAK
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      726 38 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PIC I SW I JKT I SIM WW PPG CWI lOW HAL NYI Otf SAY WW TAW HOU HOIGHDTKI/0440 01/01 07/01 10/01 12/01 22/01 17/01 29/01 01/02 17/02 03/03 04/03 07/01 11/03 lt/03 20/03 HOIGH MmUVA /0140 04/02 10/02 13/02 IS/02 25/02
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      622 38 hfiFPSi ENG LEE SHIPPING CO PTE LTD W-nr*Zi M: *****22 (10 Umi| FII: *****31/*****60 \r mwootooc I VESSEL VOY SIN ETA Sl* ETC DESTINATION Union Star 8 12/00 16/12 18/12 Jomb U»Mon Star 2? 12/00 16/12 18/12 Suratoyo Union Star 38 11/00 18/12 19/12 Betowan Dwi Dove 21/00 20/12 20/12
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      698 39 I VESSEL VOY SIN MAA SIN I TIGER BRIDGE 860N 20-21/12 26-29/12 02-03/01 I TIGER METRO 861N 24-25/12 30-02/01 06-07/01 I TIGER STAR 862N 27-28/12 02-05/01 09-10/01 I TIGER RHYTHM 863N 30-31/12 05-08/01 12-13/01 TIGER BRIDGE 864N 02-03/01 08-11/01 15-16/01 I TIGER METRO 865N 0607/01 12-15/01 19-20/01 Ivessei^^^VO^^Sl^^^CA^^Sl^^l TIGER CREEK
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      1069 39 FREIGHT LINKS BXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisfkentre, Singapore *****3 WW Tel: *****11 Fax: *****77 E-mail: flesinQsingnet.com.sg WEBSITE: www.freightlinks.net REGULAR LCL/FCL SERVICE MUARA KOTA BUANA VBHA 783 XINGANG HANJIN KEELUNG V77E ETA SIN: 22/12/2000 ETA SIN: 23/12/2000 PORT LOUIS BUDITEGUH VTEGOI3 KARACHI LASTOR VOl5
      1,069 words
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      1133 39 For booking I enqyiry cat *****80 /|?Vc Website: http://www.ood.com fc» USA/CANADA l»Hft SGP LM CM m MYC m I £55 MEM NYC HOU 0« LGBSGP ooqNf*rowlolsl irr os/oi Mi 11/01 11/01 10/01 1 OOQ JAPAN 47E5? 77/12 12/01 17/01 11/01 11/01 17/01 %\l j}J| OOQNETHBUNDS2SEOI OVOI OT/OI 74/01 75/01 73/01
      1,133 words
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  • Page 40 Miscellaneous
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      126 40 yWEATHER B^^Zf^^ issued by Meteorological Service Singapore LEG END: Thunderstorm >. Showers Temperature Wind direction and speed in knots Ra,n Weather w Cloudy Day X 3 Hazy Sea Conditions Wind speed symbols I slight, < 1 2m O Full circle w/o line indicates calm or light and variable winds Moderate
      126 words
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      124 41 The TUG "Makada" St. .i? BOLLARD PULL: 16 ton bollard over the stern and 7 ton bollard pull over the bow Ex GEMCO-Samancor Groote Eylandt Northern Territory Australia For Tender EX Groote Eylandt Tenders to be lodged in writing via Email or Mail and must be received no later than
      124 words
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      5 41 Boeing plays safe with B747X,page2
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      369 41 The company has a large and modem mixed fleet through which it delivers a high quality, customer focused |^H We have immediate opening for: $$3 The applicants should view this as a long term and extremely challenging role and be prepared to take on a high degree of responsibility. The
      369 words
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      173 42 Ji Jki I V;; k I jf rafi&V|f n Petrobras-38: An FSO with a 1.9 million barrel storage Petrobras-40: The world's largest FPU, It will be capable ot Petrobras-37: An FPSO capable of processing 150,000 b/d capacity. Full load test of 2x3,130kW and 2x1,530kW, 4160* processing 150,000 b/d. Fall load
      173 words
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      105 43 W H v Ra^v r ~Mt% irWkk W^WmMmM »ii vn <£j& «v« i>. i ,j 7** ■'Sawc l J ini **> i vwjjgMpgpgggg^^^^™ l I t" At ST Marine, we have the capacity to undertake extensive shiprepair work H I I I I from jumboisation, conversion, refurbishment and reactivation to
      105 words
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      329 43 /(s)n LANDMARK ELECTRONICS CONTROL (S) PTE LTD E3B29m^QD2IBEuIS9uUm9 SECTORS VVXv *****9 TEL: *****20 (24 Hours Hot line) FAX: *****60/*****78 Email: landmk@pacific.net.sg BRIDGE CARGO CONTROL PUMP ROOM ENGINE ROOM Fire detection and alarm system Cargo/Ballast pump remote control system M.E. manoeuvring and control system Master and slave clock synchronising Cargo/Ballast pump
      329 words
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      189 44 HERCULES RUBBER a leading manufacturer with 33 years of profound experience, and FENTEK ...an international group with worldwide sales and marketing offices providing complete design and consultation services for marine fendering systems. With our formidable combination of manufacturing capabilities and technical design expertise, we have the widest range of MARINE
      189 words