The Business Times, 8 November 2001

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Microfilm: NL23286
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 THE BUSINESS TIMES MIT A (P) 107/03/2001 Internet: http://business-times.asial .com.sg/ SINGAPORE fHURSDAY, NOVEMBER 8, 2001 85*
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  • Article
    Lock icon MARKET SUMMARY
    77 1 □sn U2BJ9 (-6.51) H-SRI 554.44 (-0.32) ST INDEX FUTURES U2lOO (-11.00) ansa nrroiES MLBO (-1.50) STOCK MARKET INDICES Wednesday Change KLSECOMP »9126 -0.49 NIKKEI 225 _10£84J6 -148.74 HANG SENG _112».7» -«26 SET INDEX 266.22 -122 JAKARTA COMP ~J77iO +107 MANILA CO*P 988-79 +128 TAIPEI WH ,4,168.18 +7128 SEOUL
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  • Article
    Lock icon FINANCE
    66 1 FOBEX BATES ust SI USS (SSperUSS) L818 £(l"SS/SS pert) 1.466 1665 EUtO(USS/SS/E). OJW 1.641 DM ll«7 Ll«l YEN" 1*1.1 66.60 RM 1800 1090 HKS 7JOO 4590 BAHT 44.64 24J6 RUPIAH 10JJ80 i874 PUB BATES SINGAPORE* Mi KUALA LITIPUR 140 HONG KONG 5J0 JAKARTA *00 TAIPEI «2 TOKYO 1171 SEOUL
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  • Article
    Lock icon More drastic pay and staff cuts yet to come: survey
    695 1  -  ii exclusive Over half of firms polled expect conditions to slide in next 6 months Byt Anna Teo [SINGAPORE] More companies are biting the bullet going by hiring and wage freezes, but the more drastic cuts are yet to come,
    695 words
  • Article, Illustration
    Lock icon Wan St still banking on the Fed
    1015 1  -  Latest 50-point rate cut surprises and cheers market From Catherine Ong in New York WALL Street is keeping faith with Federal Reserve chairman Alan Greenspan despite a plethora of indicators that the Fed's aggressive monetary policy has yet to get the stalled US
    AP  -  1,015 words
  • Article, Illustration
    Lock icon Vintage LKY shirts
    386 1  -  By Vince Chong [SINGAPORE] Mrs Lee Kuan Yew took a trip down memory lane yesterday to the CYC Custom Shop at the Raffles Hotel Arcade. Answering a charity drive by custom shirt-maker CYC and The Business Times, Mrs Lee sprang a pleasant little surprise on the folks
    ARTHUR LEE  -  386 words
  • Article
    Lock icon Hewlett family to fight merger of HP and Compaq
    612 1  -  A similar move by Packard* wonld likely kill deal From« Jennifer Lien in Silicon Valley THE family of a HewlettPackard (HP) co-founder on Tuesday said it would vote against the company's proposed merger with Compaq Computer, a move that could seriously
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      93 1 PBBPE Top stories Shareholders sue Intel directors over share price drop. Pg2 NOL announces freight-rate increases for AsiaEurope services. Pg3 Dealers up in arms over SGX buying-in of Datacraft shares. P9* World Bank warns Jakarta to shape up. Pg 12 BT Comment Ouak Hiang Whai: OCBC needs to pick new
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      13 1 Fted statement, Pg 15 HK banks face squeeze on interest margins, Pg 11
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      85 1 Mike Bloomberg is mayor AFP New Yorkers voted in financial news tycoon Michael Bloomberg as their 108th mayor. Report, Pg 16 Cartier is pleased to invite you to discover Cartier Tradition Collection: Art Deco clocks, jewelry pieces, precious accessories and watches from Cartier's creation until modern days. jU&I^ J v
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      16 1 PSA staff to take wage cutsofs-11%,Pg3 NWC to meet in 2 weeks for review, Pg 7
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      9 1 Taiwan lifts 50-year ban on direct trade wren t#mna
      9 words
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  • NEXT page
    • Article
      Lock icon Intel directors sued over share price drop
      318 2 Suit claims they okayed false statements se insiders could Ad! tf shares Bloomberg [WILMINGTON, Delaware] Directors of Intel Corp were accused in a lawsuit of approving false financial statements to raise the company's stock price so insiders could sell more than U5523.5 million
      Bloomberg  -  318 words
    • ON THE grapevine
      • Article
        Lock icon Cheaper kopi for cabbies
        90 2 YA Kun Coffeeshop, that famous local coffeeshop franchise, has decided to help out in the current economic downturn. At its Tanjong Pagar branch, Ya Kun has put up a promotion signboard which quoted recent press reports as saying taxi drivers' takings have fallen by 20 to
        90 words
      • Article
        Lock icon One bright spot
        126 2 IT'S bad, but not all bad, on the employment front in Singapore. Despite a sharp downturn in overall new executive hires, demand for talented engineers is still on the up and up, at least according to a monthly survey sent our way by executive search consultants EL
        126 words
      • Article
        Lock icon Land of the rising slump
        110 2 ASIAN companies too steeped in the old ways must accept modern standards of corporate governance or they may not survive the second crisis brought on by the current global economic slowdown. So says Asiaweek in its latest ranking of Asia's top 1,000 companies. Fingers seem
        110 words
    • Article
      Lock icon Low rates draw blue chip firms into bond market
      663 2  -  Sing Tel and SIA issues to total $3£b while SMRTeyes $300-ssoom issue By' Teh Hooi Ling [SINGAPORE! Corporate Singapore is zooming in on the low interest rate environment with blue chips Singapore Telecommunications and Singapore Airlines announcing issues totalling $3.5 billion.
      663 words
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      188 2 v mi" j/il f Mf. fiAJT i i The "Big Date" permits synchronized f /0 8[ ftV date changes forward and back- B w O rnJ f ward when the hour-hand is II lEm adjusted to a new local time across BH S J» jKm the dateline. 11° V. JJ
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon NOL to hike rates for Asia-Europe services
      427 3  -  Rate rise in two stages from Jan for both westbound and eastbonnd trades By i George Joseph NEPTUNE Orient Lines (NOL) yesterday announced freight-rate increases and changes to its Asia-Europe services in an attempt to restore profitability to its container transport business. The
      427 words
    • Article
      Lock icon PSA staff to take wage cuts of 5 to 11 per cent
      389 3  -  By\ Donald Urquhart PSA Corp will introduce wage cuts of 5 to 11 per cent with senior management taking the biggest hit in light of the prevailing economic conditions. The container terminal and logistics operator joins the swelling
      389 words
    • Article
      Lock icon Dealers sore over Datacraft buying-in
      443 4  -  They complain about process, bat no breach found in SGX exercise By R Sivanithy DEALERS were up in arms yesterday after the Singapore Exchange (SGX) bought-in 635,000 Datacraft Asia shares, resulting in short-sellers making a profit of U*****,*****5,000. But as far as BT can determine,
      443 words
    • Article
      Lock icon SIAS urges more disclosure from top managers
      525 4  -  By Serena Ng THE Securities Investors Association of Singapore (SIAS) yesterday called on top managers of all listed companies to promptly inform investors of the reasons behind their purchases or sales of shares in their companies, as they had a moral responsibility to
      525 words
    • Article, Illustration
      Lock icon SPT sets aside at least 20m units for retail investors
      462 4  -  By] Kalpana Rashiwala A MINIMUM of 20 million of the 530 million units offered by the Capita Land-sponsored Sing Mall Property Trust (SPT) have been set aside for retail investors, who can make applications from today through ATMs of major
      ARTHUR LEE  -  462 words
    • COMPANY Briefs
      • Article
        Lock icon L&M in talks to restructure loan
        60 4 Reuters CONSTRUCTION group L&M Group Investments said yesterday it is in talks with an unnamed investor and Overseas Union Bank to restructure an $82 million loan and will provide more information later. In October, L&M scrapped plans to place about 44.43 million new shares
        Reuters  -  60 words
      • Article
        Lock icon SembCorp Ind in $7m Aussie venture
        70 4 Reuters SEMBCORP Industries will enter into a $7 million joint venture with Australia's Visy Industries to build a recycling plant in Singapore. SembCorp said the plant, to be operational by the third quarter of 2002, could pave the way for more recycling operations in
        Reuters  -  70 words
      • Article
        Lock icon Wearnes confirms exit of Rolls-Royce
        89 4 WEARNES International said yesterday it will relinquish the Rolls-Royce car distributorship by Dec 31, confirming BTs report on Monday. The company will continue to represent Bentley, which, it added, will have a broader product base and "is emerging as a more exciting marque". It said
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      • Article
        Lock icon North 22 to boy Nettasking assets
        46 4 NORTH 22 Technology Services Group yesterday announced the proposed acquisition of managed service provider (MSP) business assets from Nettasking Inc for US$BBO,OOO. This will be paid in three instalments and satisfied by the issue of new shares in North 22.
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      • Article
        Lock icon ECS shareholders okay China buy
        33 4 IT services provider and distributor ECS Holdings has obtained shareholder approval for its acquisition of China-based IT distributor PCI-SLR Technology and expects to complete the deal this month.
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    • Article
      Lock icon Govt-linked enterprises can flourish without help: S&P
      444 4  -  CAAS, LTA, PSA, STEnggtop business, financial risk profiles By Angela Tan SINGAPORE'S govern-ment-linked enterprises (GLEs) can become regional and global corporate heavyweights even without the government's support, credit rating agency Standard Poor's (SAP) said. "SAP expects Singapore's government-linked companies to develop into a
      444 words
    • Article
      Lock icon OCBC needs to pick new chief quickly
      644 4  -  lock siew quak hiang whai THE programme for Merrill Lynch's financial services conference yesterday said that at 11:20 am, OCBC chief executive Alex Au would give a presentation, presumably about the bank and its future. But BT got word earlier that Mr Au,
      644 words
    • Article
      Lock icon Three new faces on AFP, Golden Agri boards
      302 5  -  By Ling Su Ann IN a move to strengthen the independence of their boards, beleaguered Asia Food Properties and Golden Agri Resources have appointed three prominent corporate figures, including Dr Hong Hai, as independent directors from Nov 2. Dr Hong is president
      302 words
    • Article
      Lock icon Thakral Corp cuts H1 losses to $6.6m
      384 5  -  Trading, contract manufacturing and home entertainment all do better Byi Conrad Raj THE light at the end of a very dark tunnel for Thakral Corporation, the Singapore listed arm of the Thakral family's consumer electronics business in China and Hong Kong, appears to
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    • Article
      Lock icon Beware expense ratios of over 3%
      645 5  -  Investment funds with that level generally fare worse, says CPF consultant Mercer Bui Genevieve Cua EXPENSE ratios of investment funds in Singapore appear to be rising, says CPF's investment consultant William M Mercer, and investors should be vigilant with funds whose expense ratios exceed
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      424 3 I The Lange Datograph. The contents: A cornucopia of mechanical highlights. Reduction «of mechanical Chronograph switching friction with Minute-counter switching lever lever with stable shaft 40 jewels. mounted in double jewel bearings. in opposed bearings. Movement precision-regulated Bearing jewels in m hve positions. untreated, cross-laminated German silver. Balance cock with
      424 words
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      1403 4 ADROIT INNOVATIONS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighth Annual General Meeting of the Company wiN be held at Meeting Room No. 303. Level 3, Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec City. Singapore *****3 on
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      117 5 il A special course which qualifies GCE 'O' Level X students for Australian University entrance. B I Trinity students who achieve the required scores H are guaranteed places in all faculties of The B University of Melbourne. jj I Trinity graduates have been offered places by all i| major Australian
      117 words
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      395 5 I The CMG First State that your portfolio is always working to give And don't forget this is a CPF Investment Scheme Global Balanced Fund you the best possible returns. And by selecting included fund. You can invest with your CPF CMG First Slate Global Balanced Fund is a blended
      395 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      303 6 OTHER SINGAPORE INDICES Nov 7 VALUE CLOSE ■TWOS -364.00 -78.CX) ST CAM -*****.00 -57.00 -36.00 DHSOMk 427.00 -2.69 0GK3I 421.24 -3.21 AHSEpMM 357.28 -2.88 MUtJhtlhct 102.87 -1.54 SB Tin" Fh 1106.30 -1.76 aQTiriiiirup 331.62 -4.27 —OftW" 162.50 -0.96 SMSCt Fitnt 161.80 -1.50 IPC020C 30.118,000 SingTel 15c 13,766,000 Datacraft 10c 12,960.000
      303 words
    • Article, Illustration
      Lock icon Decent enough arguments can be made for DBS as a 'hot' stock
      302 6  -  HOT STOCK/ WARRANT By\ R Sivanithy A "HOT" stock is usually taken to mean one that's in play or if it's not, then it might soon be. Going by this definition, and bearing in mind the fact that
      302 words
    • Article, Illustration
      Lock icon Market struggles, ignoring US rate cut
      768 6  -  I-li comment STOCKS r. sivanithy WAS yesterday's weakness due to "buy in anticipation, sell on news?" Or was it a drop in the Nasdaq and Dow Jones Industrial Average futures contracts that underpinned a 6.51-point fall in the Straits Times Index to 1,328.5? Then
      768 words
    • Article, Illustration
      Lock icon Greenback dips despite Wall Street's gains on Fed rate cut
      514 6  -  B-1 i comment CURRENCIES All eyes will be on key interest rate decisions by ECB, B&nkof England today larry wee THE US dollar dipped across the board yesterday to continue testing the weaker end of its recent trading ranges, after
      Source: Reuters  -  514 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3162 6 UNIT TRUSTS FUNDS Aberdeen AflNt Mgt Mi Ltd Aberdeen Select Portfolio: American Opport Fd 0.726 0.763 Asian Fixed Income Fd 1 148 1.183 China Opportunities Fd!" 0.864 0 908 Cont Euro Eqty Fd!** 0.936 0.984 Global MNCFd 0.643 0.676 Global Technology Fd!" 0.509 0.535 Indonesia Equity Fd!** 0 553 0.582
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  • SINGAPORE news
    • Article
      Lock icon eBIDS hits target to up e-business revenue by $1b
      471 7  -  20 projects have been fonded since scheme's launch last year By' Tang Weng Fai MINISTER for Communications and Information Technology Yeo Cheow Tong said yesterday that the eBIDS (e Business Industry Development Scheme) programme to increase local ebusiness revenue by $1
      471 words
    • Article, Illustration
      Lock icon NWC to meet in two weeks for review
      418 7  -  By\ David Boey THE National Wages Council (NWC) is expected to meet in two weeks time to review if the government's multi-billion dollar off-Bud-get package has been helpful, said NTUC labour chief Lim Boon Heng yesterday. Mr Lim, who is also minister
      FILE PHOTO  -  418 words
    • Article
      Lock icon Hiring slowdown hits financial services industry: TMP survey
      405 8  -  on the economy jobs By' Teh Hooi Ling HIRING expectations for permanent positions in Singapore's financial services industry (FSI) are a low 3.3 per cent for the fourth quarter, a sharp 42.8 per cent decline from Ql 2001 expectations, says human resource
      405 words
    • Article, Illustration
      Lock icon Reuters opens Asian business centre in S'pore
      220 8 GLOBAL news, information and technology giant Reuters yesterday officially opened a new Asian Business Service Centre in Singapore, aimed at centralising the company's finance processing functions in the region. The centre is one of four the others are in New York, London and
      ARTHUR LEE  -  220 words
    • Article, Illustration
      Lock icon Singapore can produce world-class service firms
      373 9  -  Potential seen in private banking, healthcare, education By] Eugene Low SINGAPORE stands a good chance of producing worldclass global companies in various service industries, including healthcare, education, private banking and asset management, Ambas-sador-at-Large Tommy Koh said yesterday. Speaking at a conference organised by The
      FILE PHOTO  -  373 words
    • Article
      Lock icon VQS aims to control vehicle growth, not for social equity
      398 9  -  MAILIiETTB Han Liang Yuan (Ms) senior manager corporate communications Land Transport Authority I REFER to your article, "COE system gets mixed review in IMF study" (BT, Nov 6). The article highlighted the results of a study by an IMF economist
      398 words
    • Article
      Lock icon Get foreign talent to retrain local workers
      244 9  -  Paul Ang Boon Piew Singapore I REFER to your article "MTI: 41% of S'pore growth in 90s due to foreigners" by Teh Hooi Ling (BT, Nov 1). Your report on the contribution of foreign talent to our gross domestic product should be more
      244 words
    • Article
      Lock icon NS must be factored into productivity
      154 9  -  Teo Keng Keong Singapore I REFER to your article "MTI: 41% of S'pore growth in 90s due to foreigners" by Teh Hooi Ling (BT, Nov 1). Does the statistic take into account the fact that Singapore males have to do National Service? If we
      154 words
    • Article
      Lock icon Analysts caught napping?
      92 9  -  Lu, Kee Hong Singapore I REFER to your article "The big question is how much lower can Datacraft go?" by R Sivanithy (BT, Nov 2). I do not know why the "presumably well compensated" analysts were outraged by the shock profit warning. Is it not their job
      92 words
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      985 7 to0 fircc 1800 *****83 NOTICE OF ANNUAL -PtySSL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ei-Nets Ltd will be held on November 24. 2001 it 11.30 am at 361 Übi Road 4. First Floor. Arroorcoat iMwnMMMI Building. Singapore *****4. to transact the following businesses: ORDINARY
      985 words
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      280 7 INTRODUCING THE NEW HAWK EYE* VFT" IRONS. HAND CRAFTED FROM TITANIUM, TUNGSTEN AND PURE GENIUS. W fl^K 11 I --t.7 1 _j^. «i- >ffc Tungsten, titanium, genius. Never before have three such advanced concepts managed to a Hawk Eye VFT Iron features a tungsten weight matrix across the face, as
      280 words
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      1119 8 ■J PTfT 1 JAYA HOLDINGS LIMITED L V JMLAM (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of the Company will be held at 13 Tuas Crescent, Singapore *****7 on Friday, 23 November 2001 at 11.00 am for the following purposes: AS
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      2150 8 To adrertise call toll-free 1800 741 IH»3 B—U recrmlts#spi»co«n.»g M THE MATTER OF In The Matter of THE COMPAWES ACT (CHAPTER SO) The Companies Ad, Cop. 50 UD And In The Matter of M JVI_ D EMMERICH PROPERTIES PTE LTD IN THE MA I ifcH OF (In VoluMtrsry Liquidation) MARCONY
      2,150 words
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      187 9 SPECIAL EVENT Ffj •-mail: sai«s@c««ilral«quity.com.cHJ CENTRAL EQUITY^rJ^^ C%l^ Wawalcomalattafa. E-mail mat bthtfr9aph.com.tg or *x *****71, or write to. Tha Buainaaa Tknaa, Ttonaa Houaa, 980 Kim Sang Road. smgapota *****6. Wanaad your tu§ nama, addraaa and Itepftnw witef, m> ww can varity It ohm town tanguaga, and baartn mind mat laam.
      187 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Don't leave Pakistan in the lurch
      694 10  -  KTTT3 1 bottom line OPINION shada islam The writer is BT's Brussels correspondent AMERICA'S military campaign against Afghanistan may or may not end with the capture of Osama bin Laden, the destruction of al-Qaeda and the overthrow of the Taliban. But irrespective of American
      694 words
    • Article
      Lock icon IN OTHER WORDS
      93 10 'If I was a fraudster and Daewoo merely a group of criminals, how could our cars roam the streets of Rome and ships criss-cross the oceans?' Kim Wm Choong fugitive founder of bankrupt South Korean chaebol Daewoo, defending his actions in a letter to a Seoul newspaper.
      93 words
    • Article
      Lock icon It's win-win for Asean and China
      575 10 EDITORIAL THE proposed freetrade agreement (FTA) between China and the 10 members of Asean is a potentially far-reaching and even exciting development but one which will also require a lot of careful preparation and delicate diplomacy. The proposal, which was first floated by Chinese
      575 words
    • Article, Illustration
      Lock icon Dealing with the tough world outside the limo
      1139 10  -  Sept 11 shows that the world's haves will be increasingly threatened by the have-nots in the post-Cold War world By Martin Wolf FT THE terrorist attack of Sept 11 was a well executed assault on focal symbols of Western financial and military
      FT; REUTERS  -  1,139 words
    • Article
      Lock icon Rate cuts: what does the trick?
      667 10  -  COMMENTARY Is it magnitude, speed, percentage change or the absolute level? By Caroline Baum Bloomberg THE Federal Reserve has cut short-term interest rates so much and so often this year that the act itself is getting to be a non-event for financial markets. The
      Bloomberg  -  667 words
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      52 10 S^LELONG' 13 17 DECEMBER 2001 SINGAPORE EXPO, HALL 5 400 promotion booths 11| j Bridal Services Sports Goods Garments Carpets Video CDs Handicrafts Foodstuffs Cameras Shoes Handbags Gifts Children Wear Toys Jewellery Learning Aids Car Accessories Organised by South Ernst Asia Tnukng For enquiries call 221 2120 59 Club Street
      52 words
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  • REGIONAL news
    • Article
      Lock icon HK banks face narrowing interest margins
      539 11  -  They trim prime, savings rates by jnst 25 basis points From Audrey Tan in Hong Kong WITH the US Federal Reserve likely to slash interest rates further, Hong Kong banks face narrowing interest margins as they have little room to cut savings rates even
      539 words
    • NOTE Book
      • Article
        Lock icon Public Bank pre-tax little changed
        84 11 Bernama [KUALA LUMPUR] Public Bank Bhd posted a pre-tax profit of RM928.4 million (*****.3 million) for the first nine months of2ool, little changed from the RM925.3 million it posted for the same period in 2000. In a press release yesterday, its president and chief executive
        Bernama  -  84 words
      • Article, Illustration
        Lock icon Brunei sets up National Oil Company
        96 11 AFP [BANDAR SERIBEGAWAN] Brunei's Sultan Hassanal Bolkiah has signed an order creating the National Oil Company to consolidate and further develop the kingdom's petroleum industry, officials said yesterday. Sultan Hassanal, (right) who is also the Prime Minister, named Haji Mohammad Alimin, the permanent secretary
        AFP  -  96 words
      • Article
        Lock icon Friend says Estrada urged stock deal
        84 11 Reuters [MANILA] A state pension ftind chief yesterday testified that ex-Philippine president Joseph Estrada pressured him into a stock market deal that allegedly earned Estrada 189 million pesos (556.6 million) in commissions. Carlos Arellano, a boyhood friend of Estrada who was appointed chairman and
        Reuters  -  84 words
      • Article
        Lock icon F&N Bhd's Q4 pre-tax gain dips 2.3%
        59 11 Bernama [KUALA LUMPUR] F&N Holdings Berhad has registered a lower pre-tax profit of RM21.2 million (5110.2 million) for its final quarter ending Sept 30, 2001, the company said in a statement yesterday. The pre-tax profit dipped by 2.3 per cent compared to the
        Bernama  -  59 words
      • Article
        Lock icon Thailand unveils lib baht job plans
        60 11 Bloomberg [BANGKOK] Thailand said it plans to spend 11.4 billion baht (*****.1 million) to stem rising unemployment by providing cheap loans and training job seekers to set up their own businesses. The spending will fund loans and training programmes for at least 900,000 unemployed
        Bloomberg  -  60 words
      • Article
        Lock icon Taiwan exports down 16.1% in Oct
        81 11 Bloomberg [TAIPEI] Taiwan's exports fell for an eighth straight month in October, the latest sign that the island is slipping deeper into recession. Overseas sales fell 16.1 per cent from a year earlier to about US$ll.5 billion after a revised 31.5 per cent drop
        Bloomberg  -  81 words
    • Article
      Lock icon Multi-Purpose board still intact
      384 11  -  But new team could emerge to wrest control of company, say sources From Eddie Toh in Kuala Lumpur THE beleaguered directors of Multi-Purpose Holdings Berhad held a last-minute meeting yesterday and managed to keep the board intact, but sources said a new team could still emerge
      384 words
    • Article
      Lock icon Ho Wah shares, warrants to resume trading
      197 11 Reuters [KUALA LUMPUR] Trading in shares and warrants of cablemaker Ho Wah Genting will resume tomorrow after a halt of over two months, the Kuala Lumpur Stock Exchange said. "Even though the trading (of the shares and warrants) will commence with the upliftment,
      Reuters  -  197 words
    • Article, Illustration
      Lock icon World Bank warns Jakarta to shape up
      668 12 JAKARTA Bank jives Indonesia 6 months to show it is serious abont reforms; Jakarta says it will struggle to meet 2002 targets Reuters THE World Bank warned Indonesia yesterday it had six months to convince investors it was serious about implementing economic reforms,
      Reuters; AFP  -  668 words
    • Article
      Lock icon Malaysia's Sept industrial output falls 9.7%
      350 12  -  From] Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S industrial production continued sliding for the seventh straight month with a 9.7 per cent year-on-year fall in September, due mostly to a 12.8 per cent fall in manufacturing. "The decline is smaller than I expected, but
      350 words
    • Article
      Lock icon Thai oil firm PTT to raise 28b baht in share sale
      233 12 mBANGKOK But wooing foreign investors won't be easy, say analysts Bloomberg PTT pic, Thailand's largest oil company, started marketing shares overseas in a bid to raise as much as 28 billion baht (551.14 billion), the first in a series
      Bloomberg  -  233 words
    • Article, Illustration
      Lock icon Taiwan lifts 50-year ban on direct trade with China
      462 13 TAIPEI Move meant to boost flagging economy bet is largely symbolic Reuters TAIWAN lifted a 50-year ban on direct trade and investment in China yesterday in a move to boost its flagging economy and improve President Chen Shuibian's standing ahead of
      Reuters; AP  -  462 words
    • Article
      Lock icon Bank of East Asia in acquisition talks in China, M'sia
      377 13 SINGAPORE Reuters BANK of East Asia Ltd is in talks to buy stakes in banks in China and Malaysia as it looks to expand outside Hong Kong, its increasingly tough home market, chairman David Li said. Bank of East Asia
      Reuters  -  377 words
    • ASIA Notes
      • Article
        Lock icon SEG Trust ordered to suspend ops
        66 13 Bloomberg [BEIJING] SEG International Trust and Investment Co, based in Hainan province, was ordered to suspend business starting on Tuesday because of what the central bank termed "severe irregularities" in its operations. The People's Bank of China said it formed a special team to
        Bloomberg  -  66 words
      • Article
        Lock icon China not to relax foreign bank rule
        79 13 Reuters [HONG KONG] China said on Tuesday it had no plans to relax its US$2O billion asset-base threshold for foreign banks wanting to open branches in the country, according to a Hong Kong Monetary Authority spokesman. But China will allow Hong Kong banks,
        Reuters  -  79 words
      • Article
        Lock icon IFC to buy 15% stake in Nanjing bank
        92 13 Bloomberg [BEIJING] The International Finance Corp will buy a 15 per cent stake in Nanjing Commercial Bank, marking the fourth foray into China's financial industry by the private financing arm of the World Bank, the Chinese bank said. The investment, which awaits
        Bloomberg  -  92 words
      • Article
        Lock icon Legend's Q2 profit up 17%
        80 13 Bloomberg [HONG KONG] Legend Holdings' second quarter profit rose 17 per cent as China's biggest personal computer maker benefited from increased sales in the third largest PC market. Net income in the three months to September rose to HK$2O2 million (5547.4 million) from HK$l72 million
        Bloomberg  -  80 words
    • Article
      Lock icon CyberWorks bond issue to raise US$750m
      494 13 HONGKONG Proceeds from 10-year note will be used to pay bank debt Reuters HONG Kong's Pacific Century CyberWorks planned to place up to US$75O million in bonds yesterday as it continues to take advantage of falling interest rates to clean up its balance sheet,
      Reuters  -  494 words
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      151 11 1 mi ioin t r~~ f""* t r—m a »o SINGAPORE BANGKOK SINGAPORE IV 3V« WITH 7 M AI, YOU CAisl I TRAVEL T— BAr'3KD>' !NJ STY',tl n wil^Bm £j) f i;|, lit *BJR;fc., I /J 1 I > i| 1 11| < r«»r .1 very limited timeonlv, \chi will
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  • Article, Illustration
    Lock icon FINANCE
    1181 12 Transaction date: Nov 7 BTBMMIOMMMTBg AS C$ tm tan nr m Y- HI P$Nfct» Hm S> —i Sfr K 8a* N»4 WSS Austral) 04)8 4263 0.569 3.733 LS3 4407 ***** ***** 0.622 4640 1952 1225 ***** ***** 0.934 4.865 0131 17.735 22.934 0j50 0514 CmM 1222 5-209 0695 4962
    1,181 words
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      328 12 jT*||gIROSHgMA SEMINAR ON "HOW YOU CAN IH> BUSINESS WITH HIROSHIMA, JAPAN" Tuesday, November 20, 2001 from 5.30pm Plum Ballroom, Level 3 Alison Hotel Queen Wing, Victoria Street Organised by Hiroshima Representative Office In Singapore Supported by. Hiroshima Prefectural Government, The City of Hiroshima |j Hiroshima Chamber of Commerce Industry lU/Vm)
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  • WORLD news
    • Article
      Lock icon US productivity up stronger than expected in Q3
      476 14 WASHINGTON 2.7% growth is the highest since a &3% rise in the second quarter of 2000 Reuters, AP US WORKER productivity rose more strongly than expected in the third quarter as the number of hours workers spent on the job fell at
      Reuters,; AP  -  476 words
    • WAR ON TERRORISM
      • Article
        Lock icon WEF meet to be held In New York
        104 14 Bloomberg [DAVOS] The World Economic Forum's next annual meeting will be held in New York City instead of the Swiss resort town of Davos, a local official sail "We received notification from the WEF that the next meeting will be in New
        Bloomberg  -  104 words
      • Article
        Lock icon New steps against terror financing
        75 14 Reuters [WASHINGTON] US President George W Bush was expected to announce new steps yesterday in his attempt to crack down on the financing of terrorism, aides said. Mr Bush, in a visit to the Treasury Department's Financial Crimes Enforcement Network, will announce that the United
        Reuters  -  75 words
      • Article
        Lock icon No plans to attack Iraq: Powell
        61 14 Reuters [WASHINGTON] US Secretary of State Colin PoweE reassured Egyptians in an interview broadcast or Tuesday that the United States was not planning at tacks on Iraq. "Our first phase right now is in Af ghanistan but there are no plans at the moment
        Reuters  -  61 words
      • Article
        Lock icon Threat of attack not credible: probe
        69 14 Reuters [WASHINGTON] An investigation has determined that a threat of possible terrorist attacks on bridges in California and other Western states was not credible, the FBI said on Tuesday. But officials in charge of the bridges, including the landmark Golden Gate Bridge in San
        Reuters  -  69 words
      • Article
        Lock icon Pakistan curbs on Taliban envoy
        60 14 AFP [ISLAMABAD] Pakistan has told the Taliban ambassador in Islamabad to stop giving press conferences which have attracted worldwide attention but annoyed the United States, a newspaper reported yesterday. The Dawn newspaper said the foreign ministry summoned the envoy, Abdul Salam Zaeef, on Tuesday and
        AFP  -  60 words
    • Article
      Lock icon Eurozone business confidence hits 5-year low
      309 14 BRUSSELS Bloomberg BUSINESS confidence in the 12 countries sharing the euro plunged in October amid concern about the slowing economy following the Sept 11 terrorist attacks in the US. The European Commission's business climate index fell to minus 1.14, the lowest since July 1996,
      Bloomberg  -  309 words
    • Article
      Lock icon Japanese Cabinet endorses 3t yen extra spending
      296 15 TOKYO Reuters JAPAN'S Cabinet yesterday endorsed extra spending of 3 trillion yen (Ss4s billion) to help cushion the pain of Prime Minister Junichiro Koizumi's planned tough reforms and support the US war on terrorism. The size of the supplementary Budget for the fiscal
      Reuters  -  296 words
    • Article, Illustration
      Lock icon Japan business sees no threat in Asean-China FTA
      522 15  -  Bat Keid&nren chief reminds Asean that Japan accounts for 60% of Asian GDP From Anthony Rowley in Tokyo THE head of Japan's federation of economic organisations yesterday shrugged off the idea that the proposed new Asean-China free trade area poses any threat
      522 words
    • Article
      Lock icon Full Fed statement
      204 15 ThefoUowing is the text of a statement released on Tuesday by the Federal Reserve announcing its decision to cut interest rates by an aggressive half a percentage point. "The Federal Open Market Committee decided today to lower its target for the federal funds rate by 50 basis
      204 words
    • Article
      Lock icon Computer stocks rebound above pre-Sept 11 levels
      398 15 NEW YORK Positive forecasts, demand for security products lift sector Bloomberg, FT, Reuters SHARES of some computerrelated companies, led by Oracle Corp, Cisco Systems and Dell Computer Corp, have surpassed their prices before Sept 11 on optimism that the industry will recover, investors
      Bloomberg,; FT,; Reuters  -  398 words
    • Article, Illustration
      Lock icon Bloomberg wins New York mayoral race
      698 16  -  Dark horse pips Democrat opponent Green with help from Ginliani From Catherine Ong in New York BILLIONAIRE media mogul Michael Bloomberg won the New York mayoral race on Tuesday, pulling off a dramatic upset aided by US$5O million of self-paid advertisements and the immense
      AP  -  698 words
    • Article
      Lock icon Nasdaq faces challenges from smaller rivals
      465 16 NEW YORK FT THE Nasdaq stock market, hit by the dearth of initial public offerings and the meltdown in technology stocks, is to face a series of challenges from smaller US exchanges seeking to expand into Nasdaq trading. The American Stock Exchange, the Cincinnati
      FT  -  465 words
    • Article
      Lock icon NYSE's checks on traders inadequate, says SEC
      269 16 WASHINGTON Reuters THE New York Stock Exchange (NYSE) has fallen short on pledges it made in 1999 to crack down on floor brokers after settling embarrassing illegal trading charges, said a US regulator's report released on Tuesday. The world's largest stock exchange promised
      Reuters  -  269 words
    • Article
      Lock icon Experts present blueprint for global finance revamp
      492 17  -  11 ex-finance heads, specialists aim to avert future meltdowns From\ Leon Hadar in Washington A GROUP of 11 former finance ministers and financial specialists from major emerging market economies released this week a series of far-reaching recommendations aimed at reforming the international financial
      492 words
    • Article, Illustration
      Lock icon S&P cuts Argentina's ratings
      369 17 BUENOS AIRES Debt swap reduces value «f investors' holdings, it says Bloomberg ARGENTINA'S credit rating was lowered to "selective default" by Standard Poor's as the government said it will swap by Nov 16 as much as US$OO billion of bonds for new securities that mature later
      Bloomberg  -  369 words
  • Article
    Lock icon COMMODITIES
    1647 14 SICOM 1'UTUKES Nov 7 RUMCR (Mm dMtav m al UOpa) RSS 1 CONTRACTS caats/lq) Owt VotaHM Open Mow* low Sott (tonnes) Irtortrt Dec 01 95.50 SO Jan 02 97.00 Feb 02 9100 Mar 02 99.00 RSS 3 CONTRACT (US caabAO Mm Open MH Hi# Low Sett (toww) Merest Dec
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      597 14 1«3/M rrcrvm»»h rtmtf, NOTICE > HEREBY OVEN THAT to Annual Ganarai Maaing of to SmMbn 'J*'® TECHNOLOGY CORPORATION LUTED be M at I Jurong teaai Htf Road. 131-01 The JTC SunMSngwora *****4 or 23 November. 2001. at W3oMilo»sneadtofclo«ilnglMtoes: ONDMARY MAMBM 1) »Jw 2001. togetora*! to Oners'teportwdAudtors'Report toreon 2) lo tpptovoOtectotitoseofSl
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      418 14 ADVERTISEMENT STATUTORY DECLARATION BY DIRECTOR OF (I) CITRUS GROVE PTE LTD (Rag. No. IMBO27SIC) (I) MNO-PAC TRADING PTE LTD (Rag. No. 19BM2MSM) MAGNUM PUBUSHMG PTE LTD (Rag. No. 1M0MB41C) (IV) SMAMEX SHIPPING PTE LTD (Rag. No. IMM3OME) (V) YEL PTE LTD (Rag. No. 1M*****5Z) (VI) YANLMG SHIPPING CO PTE LTD
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  • Article
    Lock icon STOCKS ASIA
    5058 15 Transaction date: Nov 7 for more, go to wiirwnsicumenmarketsjcom HONG KONG Vol HKS W- H» AcrooAsu Multimedia 0.50 inch 0 Alpha Gnnl 0 03 mh 7700 AmoyPrap 830 0.05 756 Ananda WmgOn *.06 unch ***** Angara New Steel H 0 98 -007 ***** ArnuiConchH 1*7 -0.10 2628 Anhu
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  • Page 15 Advertisements
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      130 15 Wine Cooler Made In Denmark I« BVKS6II Single Solid Door Size(mm): 1550 x 595 x 595 No. of bottles: 60-80 j $1290 VKGSII (Single Glass Door) No. of bottles: .60-80 »MW) VKGS7I (Single Glass Door) No. of bottles: 90 -120 VKGS7O (Double Glass Door) f No. of bottles: 90-120 $1850
      130 words
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  • Article
    Lock icon KLSE
    2459 16 Transaction date: Nov 7 KUALA LUMPUR Vat W- PI A* M Realty 0.75 unch 0 Atjnc 131 0.02 27 ACP Industries .2.75 -0.01 SO Advwice Synergy 0.45 -0.02 109 Affin Holdings .0.22 -031 1 Ahmad Zakitas 3.70 i*xh 9 AlCCorp 0.02 11 AftbeeNas -2.13 -0.10 739 AKN Technology 3.44
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  • Article
    Lock icon SGX
    771 16 Transaction date: Nov 7 m o— o—i| m o— o—» C4C O X 2.7*0 -OMO NMSMi 50c OH 073S *0*05 C**aLOTd 1 Jl lao -0*40 OOC «J2 »*00 -0.090 OMMCM 1*9 3.740 -a020 OUC 051 5J50 -0150 Oty DlvSOc 1*7 1JC0 -0.0K Fwtway H 2Sc 051 0500 *0*15 Cmm
    771 words
  • Article
    Lock icon BONDS & WARRANTS
    630 16 BONDS WARRANTS Laat MC« bar 'oEc 'Sii C—pmt 5ri» f—I—» Mb %*m*m U» AST1W*****1 15 1 0 150 31 Amt*kW*****0 215 -05 10 1 33 10 2JM 43 Armstrong Mm 5.5 1 10 72 154 30 AsiafoodPW*****2 05 1 166 2279 14X0 Bar6%SA*****1 10k 104 B* fc 5SJ*****01 10k BeyorncsTechUd
    630 words
  • Page 16 Advertisements
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      121 16 «B For over 20 years, our qualified professionals have been jSrapl assisting clients to venture offshore with confidence by I providing consultancy services on offshore structures, I•' I shelf companies and incorporations in ALL jurisdictions I including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate
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  • Article
    Lock icon SGX MAINBOARD
    5817 17 Transaction date: Nov 7 for live prices, log on to iirum)XLsiaoriernarkets£on U-Wk Lrt M Day LKtQuoU Grtt. Div GrVW Nat MCap WUq mSTw» *"i —i —r sale +y- rn U» *»r» Cw m sJ wa 9 6 ABNAmroNLG 56c 9 J* i 3 395 15 c ACE Dvnam»cs20c
    5,817 words
  • Article
    Lock icon SGX XTRANET
    52 17 u-m Lm M hi n«Q—i dOh Mr crut MM ikm I—i t— cmmm, M. 4 w t— IwrMhr Cw t« >3 Ma 111*0 9210 s Diamontfc US9210cd 6890 3(30 s IS DJ US Tech— UVtMO 5100 555 ««s ISMSOSpore US450 ***** *70 s ISSW500 US***** ***** 9950 5
    52 words
  • Article
    Lock icon SGX SESDAQ
    1395 17 U4ft LM tM Bay MOM CrMr H> CftM M MCaa W>| W# t— ciwpii Ut» rw> t— Cw Mi Ma 70 12 c ABR Hldgs 5c 13 -05 144 13 13 125 13 S 18 13 33 25.1 13 405 12 c AP Oil Sc M «45 73
    1,395 words
  • Article
    Lock icon CLOB INTERNATIONAL
    298 17 S2Wfc Urt V* tay L1Q—u GrO* 0* firYM tot MCm Higii lm Ctmipnj LSato W- W L—r 1>|W Sdhr C»r W1 1,0 60 AVJ«nrangiA25cA 78 75 785 C*h*P*20cHlt 720 *5 2.1 1A 6 M*J rn_ mr 17S0 240 63 6.7 3 4H8KS Che«*»gKoog50cHK 17W U 5 Gty« ScMioniUHK
    298 words
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  • Page 18 Advertisements
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      120 18 There are other hotels. gjf award-winning hotel. One been 'vil Best Business Hotel in the World S| |^^H^HK|K|| s -g3 'I f fiolijj fZj BE and Best Business Hotel in Asia vf-Jf fcv Business Traveller Magazine. HfilifeR v *r*ii^^ik f^K' There's only one. 0 ShangriLa hotel SINGAPORE Shangri-La Hotel, Singapore
      120 words
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  • EXEC lifestyle
    • Article, Illustration
      Lock icon Harry Potter and the Lord of the Rings
      427 19 No, not the title of the fifth Rowling book, but a battle for the box office, which Lord of the Rings director Peter Jackson says should be all about fellowship anyway Reuters LORD of the Rings movie maker Peter Jackson yesterday dismissed
      Reuters  -  427 words
    • Article
      Lock icon Christmas Spectacular warms hearts in NYC
      479 19 NYT [NEW YORK] In a scarred and shaken city in a time of terror, the touchstones of tradition work their comforting magic—as they did at the opening of the 2001 Christmas Spectacular at Radio City Music Hall. There were warnings of intensified security and
      NYT  -  479 words
  • Page 19 Advertisements
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      54 19 You never HH actually own a Patek Philippe. You merely g —I fe look after it for the next generation. V\ 7 \L^r <w^^^twLL fuCU> by c p p k p pe I*y X- ft •*^<77-»>K- y i? 7 K 6 Scotts Road, Scotts Shopping Centre 01 09, Singapore *****9.
      54 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      317 19 CRYPTIC CROSSWORD Aroncc 4 Preliminary plan fcx US cooA S scription (5) 1 WaS 5 Continues to keep the printing pjllaged ers working (7, 2) 5 Such cake makes Anglo- 6 must Aussie worry (7) atte nd to spillage (3^2) 9 Stt an bU,kbng 7 Remember to bring sappers walkway
      317 words
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  • EXECUTIVE suite
    • Article
      Lock icon Prime condos hold steady at auctions
      602 20  -  PBBF*!?! the block Their prices are 5-10% below value while others are 15-20% By Andrea Tan DEVELOPERS are holding back project launches in the prime districts but those still on the prowl can look to auctions. But don't expect bargain basement prices. Jones Lang
      602 words
    • Article
      Lock icon IEA offers to be housing agents' self-regulatory body
      486 20  -  By Vince Chong THE Singapore real estate agents industry needs a self-regulatory body, a role which the Institute of Estate Agents (lEA) is willing to take on, said lEA chief executive Edmund Baker. Speaking to BT on the issue of foreign Dependant
      486 words
    • Article
      Lock icon No rush of foreigners into S'pore property
      448 21  -  Rules eased, bat most buyers from regional countries are hit by recession Byy Vince Chong DESPITE the government's recent move to lift restrictions on foreigners borrowing in Singapore dollars, Realink research does not see foreigners rushing to buy property here. This is because
      448 words
    • Article
      Lock icon Real estate can be a key contributor to successful corporate mergers
      801 21  -  It's a good tool to enhance shareholder value By Stuart Crow The writer is director, global consulting, Jones Lang LaSalle AS the trend of large-scale mergers continues globally, the answer to successful business integration may be right under your
      801 words
    • Article
      Lock icon Negative equity for 81,000 HK homeowners
      248 21 Reuters [HONG KONG] The Hong Kong government said yesterday that about 81,000 local homeowners may have negative equity in their properties because of the property price slide since 1997. Negative equity means that the value of the property is less than the outstanding mortgage.
      Reuters  -  248 words
    • Article, Illustration
      Lock icon CDL to launch ECs in Ang Mo Kio
      79 21 [SINGAPORE] City Development Limited's latest offering, Nuovo, will be launched next Saturday, Nov 17. Five per cent of the total 297 units, or 15 units, will be set aside for grassroots personnel. These will be available for sale at a special preview
      79 words
  • Page 20 Advertisements
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      439 20 5^ I c Bl iM 8r I B -j After a long day, the sanctity of a bathroom offers a comforting escape into serenity. fl) Villeroy Boch of Germany manufacture quality bathroom ceramics to soothe the senses and plunge you into an atmosphere of luxury. Break free from convention and
      439 words
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      Lock icon Page 20 Advertisements Column 2
      33 20 §1 |A 4tt lippar East Coast Road I V B| ShwiiUHM I Spring Court t«i 449 sonw HHHK72CJ each Special Birthday Packages $300 on wards one •tackling pig braked abalone h birthday ban
      33 words
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      Lock icon Page 20 Advertisements Column 3
      105 20 For Househunt, please go to http://buslnes9-timeB.aslal.com.Bg BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed ham, US Prime Rib of Beef and many more mouth-watering radishes to leave you spoilt for < choice. 5 Reservations: 831 6271/88 Mandarin Suggprnv S 333 Orchard Road. Singapore *****7. "sv;rrr 1*1:*****11 Fax:
      105 words
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  • Page 21 Advertisements
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      90 21 I Vis* QCRA*» Jilliilw OWrtow Computes WibiWi 1 I INDUSTRlA^^^^^^^^y»J|^^P|yip^H JTC D 5 FACTORY FOR SALE Location Gul Cresent •Tenure 30 30 yrs wef Feb 1981 Built-in-Area Approx. 43,000 sq ft Land Approx. 91,500 sq ft Call Sole Marketing Agent- 224 8181 326 1201 For Lease: Foodcourt/Open-air Cafe at Singapore
      90 words
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      Lock icon Page 21 Advertisements Column 2
      496 21 Block 9, Tanjong Rhu Road o2d Exclusive accommodation m lush tropical surroundings Breathtaking seaview exchMye 3,dcnnal ""rounding* Minutes away from CBD and cloae to Changi Airpotr Minutes away from CBD cloae to Novena MRT station Partially/ fully furnished 3 and 4-bedroom apartments 2 3& 4 bedrooms townhouses with amc basement
      496 words
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  • Page 22 Advertisements
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      510 22 0 4 ■w HHte^ H//7/C/7 firewall is right for you? xmillW|(i W ir Faster and more secure? Slower and less secure? (Decisions, decisions.) An educated guess: You'd prefer a faster, more secure firewall. If that's the case, your firewall should be from Symantec Symantec Enterprise HrewaH," for example, is up
      510 words
  • BIZIT
    • Article
      Lock icon SAP enters Web services market
      702 22 Companies can bnild services nsing SAP's own technology or Java Reuters [NEW YORK] German software giant SAP AG on Tuesday said it will deliver its business software as Web services, making SAP the latest major technology firm to embrace a trend that allows businesses to
      Reuters  -  702 words
    • Article
      Lock icon Sun using copper chip as new weapon in sales war
      158 22 Bloomberg [PALO ALTO, California] Sun Microsystems Inc, whose server computers run corporate networks and websites, started using a new chip in mid-priced machines as competition with International Business Machines Corp intensifies. The Sun Fire models 3800 to 6800 so-called mid-range
      Bloomberg  -  158 words
    • Article, Illustration
      Lock icon Sony PDAs best for corporate use: poll
      261 23 Bloomberg [TOKYO] Sony Corp's personal digital assistants (PDAs) are best for corporate use, according to a poll of handheld computer users in Japan, market research company Gartner Japan Ltd said. Ninety-five per cent of users of Sony's Clie PDAs said they would recommend
      Bloomberg; FILE PHOTO  -  261 words
    • Article, Illustration
      Lock icon More Asia-Pac firms mull B2B solutions
      391 23  -  E-business initiatives are becoming ingrained in the overall fabric of corporate culture, shows IDC survey By Leo Kee Chye DESPITE the continuing global economic downturn, one-third of companies surveyed in the Asia-Pacific region show signs of either starting or preparing their 828 (business to
      Source: IDC 2001  -  391 words
    • Article, Illustration
      Lock icon DoCoMo profit hit by overseas write-down
      458 23 President defends investment strategy despite 50% fall in m net Reuters [TOKYO] NTT DoCoMo Inc, Japan's largest mobile telecoms operator, yesterday posted a drop of more than 50 per cent in its first-half group net profit after writing down a big Dutch investment that
      Reuters; AFP  -  458 words
    • Article, Illustration
      Lock icon Be ready to face e-biz reality check
      671 24  -  I :"i i comment TECHNOLOGY Success stories are Important, but so Is knowing why ventures fail. That's where user forums can help kenneth james ONE year ago the government announced a scheme to help companies, particularly small and medium enterprises (SMEs), get into
      671 words
    • Article, Illustration
      Lock icon Shrinking market hits Commerce One
      557 24  -  Switch from large marketplaces to private exchanges taking toll on company, industry By Paul Chan IN late 1999, business-to-business (B2B) exchanges exploded onto the scene and promised to be the new meccas of global commerce. IDC Corp, for example, forecast last August that 828 exchanges
      Source: Bloomberg  -  557 words
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      57 23 I dgnaa Las tG ate 2IDVANTEST. Cold Storage Tkt fr*»h f—4 ptapli ?'y r. t The best companies run Oracle for financials. www.oracle.com i Copyright 2001 Oracle Corporate M nght reserved Orade «a registered trademart, and Software Other names may be trademarks of Mr respects owners Copyright 2001 East Gate
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      384 24 "P I I've always wanted ■H I IB jq system I can 13 SUN SMART TRADE™ I save up to 558,900 when you trade in a system from any other brand for a more reliable, robust and secure Sun system. 'Applicableto selected modelsonly. J I Recent attacks by the Code
      384 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      30 25 THE Baltic Dry Index shed two points to 845, the Baltic Panamas Index gained two points to 836 and the Baltic Handymax Index eased three points to 6,849.
      30 words
    • Article
      Lock icon MARITIME STOCKS
      54 25 SSTjlgL -IS crs «K* 50 mwt« i 53 J liffimMfr- 35 0 ss s s MSII (UN 44 iipgttShaSL 385 4 r»Ito>a swotwT"^—^ 7 as ""Q iMC Holdings 1-tl >*** Op Or*rf£»£i* J.« untfj mpwtirt ass -am o jj§ ▼ng N>n Hi tot—TjOjf J gssjl Jfl SSSMVSM* *****
      54 words
    • Article, Illustration
      Lock icon S'pore Q3 box volumes down a smaller 8.2%
      496 25  -  Slight recovery brings total year decline to Sept 30 t01L3% By] Beth Jinks [SINGAPORE] Singapore's container throughput volumes achieved a 5 per cent recovery in the third quarter, bringing the total year on year decline to the end of September to 1U
      AP  -  496 words
    • Article
      Lock icon China's biggest logistics hub to be built in Beijing
      210 25 Mew hub to be finished in time for 2008 Olympics Donald Urqpbart [SINGAPORE] Beijing is to be the site of Chrna's largest logistics hub with completion in time for the 2008 Olympic Games, according to Chinese media reports. The country's newest
      210 words
    • Article
      Lock icon HK ship register to hit 15m gt next year
      115 25 [SINGAPORE] Hong Kong's shipping register is forecast to reach 15 million gross tonnes by the end of next year, up from the 13.5 million gross tonnes (gt) it expects by the end of 2001. Currently, the registry has 634 ships totalling
      115 words
    • Article, Illustration
      Lock icon Many more lean years to come
      961 26  -  HEWBUXLDS By 1 David Hughes WORLD economic conditions and the huge size of the world orderbook look set to give the shipbuilding business several lean years, according to UK-based Ocean Shipping Consultants (OSC) in its new report, "World Shipbuilding: Prospects for Prices 6 Demand
      FILE PHOTO  -  961 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      118 26 PACE Appensl* 5 Assets S BSA 7 f tang Mas 6 CMACGM 3 COSCO 3 i Central Ex 6 CWnaSHpo 5 i Cougar 6 CWTGMcft* 6 Mmas 4 Djak Uoyd 6 Poogmm 3 eci 4 ECU Line 5/7 Evergreen 6 FoongSun Fuhat Fuptrans Gemartrans Hantfi Hyundai Heung-A
      118 words
    • Article
      Lock icon SHIPPING GUIDE
      8177 31 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Adwrtter Vassal Voyaga TaMehona To ABIDJAN (ABJ) 2003 Cot* D'lvoir* 15/* S/B MM HYUNDAI GENERAL 334W 45-*****44 24/T2 CNna Shpq NOP ASIA SHARJAH 4Q2W 65-*****91 20/* 21/B Kian Hung > INTELLIGENCE CONTA KTWiS 45-***** za/n am CMA CGM CMA CGM NORMANOIE BCW 65-*****00
      8,177 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Sabena files for bankruptcy as airline crisis spreads
        703 33 EUROPE'S FIRST AIRLINE BANKRUPTCY Trade anions, govt in talks to save some ofl2,ooojobs threatened by Belgium's worst corporate failnre Reuters [BRUSSELS] Belgian national airline Sabena became the first European flag carrier to announce bankruptcy, abandoning a weeks-long struggle for survival as the
        Reuters; AP; REUTERS  -  703 words
      • Article
        Lock icon Thai Airways raises domestic fares
        222 33 Reuters [BANGKOK] Flag carrier Thai Airways International pic said on Tuesday it would increase domestic fares by 20 per cent for all routes over 200 km to cope with mounting losses. Tickets for flights of less than 200 km would be doubled to a minimum
        Reuters  -  222 words
      • Article
        Lock icon Investment group offers to buy Ansett assets
        424 33 Group among 4 possible bidders to revive carrier Bloomberg [SYDNEY] Australia's government said an investment group that includes trucking operator Lindsay Fox offered to buy Ansett Holdings' assets, the first of four possible bidders to revive Qantas Airways's largest rival. Mr Fox and
        Bloomberg  -  424 words
      • Article
        Lock icon KLM's Oct traffic down 18%
        137 33 Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines NV said October passenger traffic fell 18 per cent as demand for air travel dropped after the Sept 11 attacks and KLM reduced services amid an economic slowdown. Cargo traffic fell 4 per cent. Europe's fourth-largest carrier said it
        Bloomberg  -  137 words
      • Article
        Lock icon Air Canada to lay off 171 pilots
        237 33 Bloomberg [TORONTO] Air Canada, the country 1 No 1 carrier, will lay off 171 pilots after die union representing than failed in a bid to block the cuts at a tearing before the Canada Industrial Relations Board. Air Canada's pilots have a no-layoff
        Bloomberg  -  237 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1401 33 pit w—r ra w n» MM 1*7381 1930 M7382 2050 tm tn» w aw Imtfftm SO 35 0655 6*974 0Q0 IU37 645 aU 2300 mm am *UM« SOJ47 0630 S0J4J 2255 AaddM* ****** 2020 ****** 2045 SB* MM I— MM mmm mm mb ■»n— M421 noo
        1,401 words
    • LOGISTICS page
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        Lock icon DHL presses ahead with US$30m investment in Taiwan
        589 34  -  In spite of the global economic slowdown, leading express delivery company DHL will continue with its planned projects in Taiwan and the region, reports p t bangsberg P T BANGSBERG THE Taiwan arm of DHL Worldwide Express will go ahead with its
        589 words
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        Lock icon Thailand vital to Danzas growth in S-E Asia
        356 34  -  Its role as logistics hub for Indochina provides many opportunities By] Donald Urqnhart [SINGAPORE] Thailand's emerging role as a logistics hub for Indochina is expected to be a key driver behind Danzas AEl's anticipated 20 per cent growth in Southeast Asian business
        356 words
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      225 25 Logistics Pass: DHL presses ahead with USs3om investment in Taiwan BackPg Newbuilds: Many more lean years to come, says OSC report Pg 2 Sabena files for bankruptcy as airline crisis spreads Pg 9 Shipload Marine Services Pte Ltd Is Proud To Be Awarded The ISO 9001 2000 Certification Managing D"
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      505 26 NORTH AMERICA GULF/INDIA SUB-CONTINENT |<UPCRBHtfmEEXPRgSS(SgX) 1 |<KJLF KARACHI EXPHBBB |QIOQ mm vot ia sn nc vcsa 1 wi I b dm mm "js?™" OOQ CAUfOSKU 57W42 M/ 10 11/11 Tl7ii PtO NBNIOTV MALACCA Itf Sl/l« 01/11 01/11 11/11 OOCIKWTOM 17W41 11/10 11/11 10/11 OOQ JAPAN 54W44 07/11 25/11 27/11 PtO
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      590 26 Lines services represented by Morni rs R®9is»ry of Members of the ;w9|l Accredited Shipping Agents, Singapofe Logistics !y Singapore Shipping Association Association IM.Y UNS MALE vissa I voy liu Titt f~i» P. KLANG SfOKf MALE Princess Lily VO6Ol 06/11 09/11 17/11 Empress Lily VO9Ol 23/11 24/11 02/12 3 Princess Uly
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      792 27 TO USA (SAX SERVICE) I VBSfl VOT SIN ETA UU( OAK Ml HOU CHI (01 HIM ATI NTC Aft CTPtINI 1061 21/11 04/11 11/11 11/12 11/12 11/12 12/12 11/12 13/12 13/12 API nun 1071 21/11 13/12 11/12 11/12 11/12 11/12 If/11 H/W APIHOUAND IMT *05/12 20/12 24/12 2S/12 25/12 25/12
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      1955 27 t/J: II MTt 1 UNCRAI AGtim IN SJNCATOCE M KOtINSOM KD 12-00 SAIiS/MGS TIL *****57/4J FAX: 2JSSMI/71 HAI/tHM ffffft PASM GUOAIM TIL *7-35M14* Ml: IMSMITt COSTAR SNIPPING PTE LTD oumno/u 42*s**i *****25/75 poktuajm ihmuui u^onuu a NO. **********0 M TIL *****04 (MAM) MWAKD (D C) 42*5714 *****14/49 PENANG 04-*****99 *4-2127)99
      1,955 words
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      656 28 Mgia mm. vot m an \a mm 5L_ ASIA EXPRESS 144 A 11/11 11/11 17/11 10/11 147 A 10/11 24/11 JO/11 02/12 140 A M/ 12 00/12 12/12 14/11 MM 20/12 11/ II 24/12 20/12 msa vot store wbaik jaaata smahah bbmi mmmi a—ma nw« HER MS 4/01 SAIUS 05/11
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      588 28 l~J\y JOWMO. SOU: (064) *****9 MAMLA (632) *****24 PENANQ: (04)*****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KB-ANQ: |06) *****77 JKT (21)*****46 KUQ6WQ (062) *****1-3 SHANGHAI PIRAEUS MV "PAO NEDLLOYD HOUTMAN" V.04E42 MV "PAO NEDLLOYD LA SPEZIA" V.} 520 ETA SIN: 10-11-2001 SIN: 13-11-2001 AUCKLAND MUMBAI MV "PAO NEDLLOYD LYTTELTON"
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      292 28 WEEKLY EXPRESS SAILING SCHEDULE WESmUND TO: COLOMO NHAVA MM (CFS MUUMD. MUMMI) ALSO ACCEPTMG TO ALL NORTHERN AM) WESTERN CD POMTS vbsn mm *01 rrm urn couomo iim^m huumovks okn nwr UN mm ■mno a mar u«b n ijt n« ■okisa raw um mm* aw ndmki iismsn «ToKrii« i» UMMMIEKSS
      292 words
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      1313 29 fyOsa VOY I KHH I HKO «N PKL DXB I BAA I DM* «SNTIH6AN PCTMT" 04/11 05/11 14/11 I 13/11 24/11 25/11 17/11 29/11 KAN PCL-233 VESSEL SCHEDULED POt DRY DOCK ■AM KEHMAN PCI-234 16/11 19/11 24/11 25/11 02/12 03/12 03/12 07/12 WAN ISFAHAN Kl-235 25/11 26/11 01/12 02/12 09/12
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      302 29 UK CONTINENT SERVICE Loaiftngtor DARYA TAAL RDM/ATW/BMNAJKAPL OCEAN HOST RDM/ATW/BMNAJK/IPL. Lc*d« Singaporß. E7W Matoyaa. Indonesn MIDDLE-EAST SERVICE Loading for PAN CXJ£EN ADN/JDH/DMT FLORENCE D6i ABU /DOK' B R N/DM M/KWT JtLFAF JOH/DMT OKTEM AKSOY AQA/JDH/TRP DIMI P DBl/ABU/DOH/BRN/DMM/KWT I TjOacte atigapow. E7W. Mateyaa. IndonaM USA SERVICE Loadngtor ULYSSES I CAM/NFK/SAV/NOC
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      628 29 YBJP VOT SM MI _msa m M ML SB Ml ffiT SSL. S3 HKK-HKH-£ai =j==^F^H= I Bill Ss 1 l&illflH ML. Ts£|alT —ainI I [m_JiJii|ljy Mi H yn JSSSB m—3__^E___an— liasi 1 5 iKii mi -m- ffißffli w iifli I BCMSA ISw M/n M/m w/n Aurni 7 «/w u/ii 1
      628 words
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      1045 30 BPWT «l VOMI SPOiMMIMHVMM AM naai oiw n/11 wii 22/11 wii mem obimm 12/11 21/***** */ii IM«NUIOt»?-0UW ivii 17/1123/11 K/11 MEK 177N 14/11 27/11 2VII 18/12- DM MMNM IN MOT OtnWJH 20/11 *****/11 01/12 Also accepting cargo to Doha, Sharjah, Kandta, Kuwait. Bandar Abbas. Muscat via Dubai. Riyadh via Darnnam.
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      392 30 CWT GLOBEUNK PTE LTD TtL:22St*S3 (2* L,NtS) FAX:225,742 Cy as-asss, DIRECT SAILING TO: II ALEXANDRIA/ASHDOD/LIMASSOL/PIREAUS/PORT SAID WEST MEDITERRANEAN BARCELONA/GENOA/MARSEILLE I PORTUGAL I .LISBON/LEIXOES U CENTRAL A EASTERN EUROPE VIENNA/PRAGUE/BUDAPEST For Mtquirtostbooklngs. ptMM csll *****77 THANK YOU FOR USING CWT GLO&BJNK TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULX 4 CONTAINERS 14
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      394 30 I MB HVIANCJIAS gPFHNC FIE Lll> 1 9mm aSjSwTSjTmTaS" 1 1 m m m hi ma IkU WW Ml Ml Jg 1 3i« jfjfl IM »im M-IVII 11/11 tmtm* MI7K 1711/11 «/ll IM *011* 70-71/11 74/11 msa ma n I rim 1 I IM voiik ovn ivn 1 1 IM
      394 words
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      340 31 BSA X MYANMA WBIX FIVE STAR LINE (MyiM«r MmMmml Um) vtssa tot sm m pw pmi HP A-AN HOW Sl» >OKU 4«W SIB ■ALATSIA AGOITS; IOUSTIAO SMPPM6 AGBKKS WL IB 03-*****3 M PtL TU 03-317M101 PBfc IB 04-2****** PMfe IB 07-*****11/4 BANK LINE (A xrrta •< kmkm Vhk SMffii) NORTHBOUND
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      872 31 Xhmw& HYUNDAI MERCHANT MARINE CO., LTD. VBBI Wf 181 I SOB I 111 I ANT IHWI MV |WSSE WT I«MI II W 1 MIT WMI I*V mm ww M/ 11 m/ii 11/11 B/ii 39/11 apisbbowx 10s is/m i;/w m/m m/m Wu UM VOW N/11 30/11 11/11 8/11 17/11 KTram* JM
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      639 31 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO KAVYUFT SBVKE* [Vissa I VOT ItAf I HB6WTI S« I LOCI MAO I MUM SW lIM I Ott 1 XTC jMW I MOO TAXONGA AHI22 4001 m OJM |12/Il|~ U/12 22/12 24/11 20/12 27/11 20/12 02/01 04/91 IAMO AMI 23
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  • Page 33 Miscellaneous
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      129 33 M FOR 7AM 8 NOV 2001 Issued by Itetoorological Service Singepore K Thunderstorm A Showers Rgjn Temperelure Cp/ Wind direction and speed m knots m Weather Cloudy Day Sea Conditions Wind speed symbols i < 1 2m O Full circle w/o line indicates calm or light and variable winds j
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