The Business Times, 9 November 2001

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Microfilm: NL23286
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES MTTA (P) 107/03/2001 htPT.et: http: business-times.asial com.sg SINGAPOR E FRIDAY. NOVEMBER 9. 2001 i«yi
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  • Article
    Lock icon MARKET SUMMARY
    75 1 Dsn U332J1 (+4.41) niMi Pi ***** (-0.92) sr index nrroiES UMJO (+10.00) SMSCI FDTDBES JIHJt(+2.2O) STOOL MABXET DCDIGES Tburadav Chamre KLSECOMP S98J7__+«J1 NIKKEI m 19.43L79 +***** HANGSENO 10,»J8.62 +26&8S SET INDEX St&M +tl2 JAKARTA COUP -J8L84 +434 MANILA COMP -996.05 +7 3X TAIPEI WPI 4.136 03 23 12
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  • Article
    Lock icon FINANCE
    65 1 mm mm us# SI OMfWpcrUSS) IJM £(LS&SS per 1.466 IMl EU80(USS/SI/E) am LOI DM 1171 LIN YEN 180.7 66.40 HX UN 1091 HIS 7 NO 4JN BAHT 44.40 24.40 RUPIAH 10,666 Ml» FUME BATES SINGAPORE* Uft KUALA LU*m (.49 BONO KONG LM JAKARTA 19.00 TAIPH 612 TOKYO lilt SEOUL
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  • Article
    Lock icon KepLand joins fray for listed property trusts
    967 1  -  Analysts see its LPT putting pressure on Capita Land's y Tp-it By Kalpana Rashiwala [SINGAPORE] Keppel Land announced plans for a listed property trust (LPT) of prime office properties yesterday a move seen by analysts as cleverly timed to coincide with the public
    967 words
  • Article
    Lock icon Retrenched senior ING Barings dealer dies of heart attack
    268 1  -  By. Angela Tan [SINGAPORE] A senior dealer at ING Barings' money market division in Singapore died of a heart attack on Wednesday after being told earlier in the day that he had been retrenched. Sources told BT that Jimmy Lim, a
    268 words
  • Article
    Lock icon China to channel more forex reserves through HK
    577 1  -  Fromi Audrey Tan in Hong Kong BEIJING may once again lend Hong Kong a helping hand in its current economic difficulties, this time by letting more of its US$2OO billion foreign exchange reserves be managed in Hong Kong. This latest move will
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  • Article, Illustration
    Lock icon SingTel impresses with 9% profit fall
    915 1  -  Interim $U6b earnings beat analysts'forecasts; revenue also np By 1 Teh Hooi Ling [SINGAPORE] Singapore Telecommunications yesterday announced solid net earnings of $1.16 billion for the first half-year, a fall of just 9 per cent and beating analysts' expectations of a steeper 10 to
    ARTHUR LEE  -  915 words
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      98 1 UN SIDE Corporate Focus: KopFols Going strong with $2.5 b orders. *92 Heading for glowing future. *9* I Top stories ?>tl-r '0 CVI .1 European Central Bank, Bank of England cut interest rates by a C half point each. I *91* Jakarta gets J USs3.l4b in fresh eta. *9 12
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      61 1 TheßusnessTimes 1 1 A weekendi If yoti spend most of your woricday sitting down on a no-name, standard-Issue back-txeakec;then T |41jk AlaM* AA lAAL AJAAA jkaMAMAMhtAA JftA re s nme to re-iooK omce ergonomics as wiurs style spotngms tne cootesi omce chairs on the marlcet Local fashion icon Tina Tan-leo
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      Lock icon Page 1 Advertisements Column 3
      119 1 StnfTel expects $300 m savings, Pg 4 (Hofce set prqfUfor first 9 months triples, Pg 4 dl I M J® J Hf I m M SPORT AND TRADITION: The LU.C 2000. Available at leading watch specialists worldwide. IN SINGAPORE: Chopaid Boutique, 435 Orchard Road n° 02-36, Wisma Atria, Tel. 65/737
      119 words
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon These days, every cent counts
        83 2 STOCKBROKERS must be having a really tough time, if the copy of a payment request we've received is any indication. A well-known name in the local broking fraternity has reminded a client that in order to ensure "your good credit standing", payment of 32 cents
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      • Article
        Lock icon Mid-day Sun and unchanged diapers
        75 2 BUT we shouldn't lose our sense of humour, folks. So here's a sample of off-beat stockmarket reporting sourced from the Internet: Shipping lines stayed on an even keel. Caterpillar stock inched up a bit, Sun peaked at mid-day, balloon prices were inflated, tissues touche d
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    • Article
      Lock icon Corrections
      51 2 WEARNES International will relinquish the Rolls-Royce car distributorship by Dec 31 next year, not this year as incorrectly reported in our Company Briefs column yesterday. And the report headlined "Bank of East Asia in acquisition talks in China, M'sia" came from Bloomberg, not Reuters. We are sorry for the
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    • Article
      Lock icon KepFels unit going strong with $2.5b orders in hand
      390 2  -  exclusive Figore includes orders of soon-to-be subsidiary KHZ Byi Conrad Raj [SINGAPORE] At a time when many businesses are struggling to stay afloat, Keppel Fels (Fels) has managed to build up a bulging order book of $2.5 billion that will see
      390 words
    • Article
      Lock icon Upturn in chips industry seen starting this quarter
      410 2  -  Top US body sees 6% growth next yeartoUSslsob; 21% in 2003,2004 From Jennifer Lien in Silicon Valley THE troubled semiconductor industry will begin its recovery this quarter and grow by 6 per cent to US$l5O billion next year, according to an influential
      410 words
    • Article, Illustration
      Lock icon Packard also against HP-Compaq merger
      672 2  -  HP CEO Fiorina's job at stake if deal is scuttled: analysts From• Jennifer Lien in Silicon Valley THE only son of Hewlett-Packard co-found-er David Packard has joined his childhood friend Walter Hewlett in opposing the proposed HP-Compaq merger. David W Packard, who is also the
      AFP FILE PHOTO  -  672 words
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      217 2 Meet Admissions Directors of the world's top MBA schools Saturday Singapore 1® November The Rltz-Camn 7 Raffles Avenue Nearest MRT City Hall Most international MBA Programs require 2-3 years work experience and fluent English Exclusive Scholarships GMAT Admissions Seminars ree3vefreeO«ide MBA Careers Panel Recruiter Research of Top Schools (worth US$l5)
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      15 2 KepFels headed/or glowingfuture, Pg 5 KepFels diversifies after rigging up the seven seas, Pg 5
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  • SINGAPORE companies
    • Article
      Lock icon SingTel expects $300m savings
      529 4  -  Synergies with Optus will yield these, with scale economies less capital spending By Teh Hooi Ling SINGAPORE Telecommunications says it will reap savings of $360 million over the next 18 months from synergies between its operations and those of its recent-ly-acquired Australian subsidiary Optus. Ninety per
      529 words
    • Article
      Lock icon Globe net profit for first 9 months triples
      342 4  -  From< Al Labita in Manila GLOBE Telecom, SingTel's listed Manila unit, yesterday reported a whopping rise in after-tax profit in the first nine months of the year, beating most analysts' expectations. Globe president Gerardo Ablaza told a news briefing that profit more
      342 words
    • COMPANY Briefs
      • Article
        Lock icon DBS unveils two investment products
        75 4 DBS BANK yesterday unveiled two investment products to cater to risk-adverse customers. DBS UPswing and DBS Growth Account offer upside J through participation in a basket of stock indices, 1 while protecting a portion of the principal sum. DBS UPswing, to be launched on Monday,
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      • Article
        Lock icon 63% take-up for Acma rights issue
        47 4 ACMA has announced that at the dote of its rights issue on Nov 6it lad received acceptances and excess applications for shares with warrants 3004, representing 82.6 per cent of the total number of shares with warrants 2004 under the issue.
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      • Article
        Lock icon CWT,MyBiz sign e-logistics MOU
        26 4 LOGISTICS provider CWT Distribution has signed a memorandum of understanding with Myßiz Singapore to provide online logistics services within the Myßiz BusinessßelationshipNetwork.
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      • Article
        Lock icon Lim family gets 16m Chem Ind shares
        70 4 CHEMICAL Industries (Far Bast) says the Llmfiunily < has subscribed fir tts full entitlement of million rights stores and has successfully applied for a further 2 million rights shares. The family now owns 45.44 per cent of the company, up from 36.7 per
        70 words
      • Article
        Lock icon SembLog in Kuehne & Nagel tie-up
        58 4 SembLog in Kuehne Nagel tie-up SEMBCORP Logistics has formed a49-5t r joint-venture oorapany with Kuehne Nagel Asia Pacific Holdings (Switzerland). The joint venture, called ST-KN, will provide freight-forwarding services to theTamaaek and Singapore Technologies groups of companies. ST-KhTs authorised share capital Is $1 million and Its initial paid up capital
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      • Article
        Lock icon SMRT mulling financing for Tibs buy
        44 4 RAIL operator BMRT Corp said yesterday it is considering finance options for its purchase of TIBS Holdings and Its final train-asset Instalment repayment to the Land Transport Authority. It said several banks have been invited to submit proposals.
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      • Article
        Lock icon Stephen Lee named Vertex director
        59 4 VERTEX Venture Holdings (VVH) has announced that Singapore National Employers' Federation president Stephen Lee has been appointed a non-executivedirector with immediate effect It also said that its merger with Vickers Capital was effective yesterday VVH shares will start tradingon the Singapore Exchange on Nov 12.
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      • Article
        Lock icon SG to have direct links with SGX
        45 4 SG, the outixaate and Investment banking arm of the Societe Generate Group, said yesterday it wffl be one of the first investment banks in Singapore to have direct etodimric connw ilvity to the Singapore Errhsnge via its straight-throughyooffWirigplathnß.
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    • Article
      Lock icon Ipco ex-chairman sold 11.4m shares on Wed
      325 8  -  Shares worth aronnd $lJm hot money held in escrow dne to court injunction on him By Serena Ng IPCO International revealed yesterday that its former chairman and major shareholder, Indonesian businessman Purwadi, sold about 11.4 million of its shares on Wednesday, which contributed
      325 words
    • Article
      Lock icon SIA defers delivery of 10 new Airbus planes
      357 8  -  By] Beth Jinks SINGAPORE Airlines has pushed back the dates for taking delivery of 10 new Airbus aircraft to be used on non-stop flights between Singapore and the US west coast. Four of the five firm orders for A 340-500 aircraft have
      357 words
    • Article
      Lock icon Stopping share sale won't help China's SOEs
      499 8  -  loh hui yin THE Chinese stock markets and mainlandbacked counters listed in Hongkong cheered after Chinese regulators suspended a plan to sell state-owned equity. But the policy suspension belies serious problems in China where it has been struggling to reform its moribund state-owned
      499 words
    • Article
      Lock icon Datacraft axes 2 senior staff in cost-cutting
      365 8  -  Directors for services and South Asia left on Nov 2 By I Serena Ng DATACRAFT Asia yesterday said it had retrenched two senior managers as part of its cost reduction exercise following the group's shock profit warning last week. A statement from the
      365 words
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      1372 4 i^——^— JDL The Sanwa Bank Limited (INCORPORATED IN JAPAN) Non-Conaolidalod Balance SJtoata Non-Conaolldatod Statements of Income and Retained Earnings 31 st March, 20*1 and 2DM For tha yaara andad Slat Mardi, 2891 and 2SOS Muttons of Yen Millions of Y»n an 2000 mi 2000 ASSETS Mmtm Cash and Due from
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      831 4 I NOTICE OF THE THIRD ANNUAL GENERAL MEETING M NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of Health Management international Ltd will be I H held at 363 Baleatier Road, Dateotier Hospital. Floor Char Ybng Auditorium, Singapore *****4 on Monday, 26 K m November 2001 at 11.00
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  • CORPORATE focus
    • Article, Illustration
      Lock icon KepFels headed for glowing future
      547 5  -  Company making inroads into the power generation business both locally and overseas By Loh Hoi Yin ITS "lights on" here for Keppel Fels Energy and Infrastructure (KepFels) and soon, In faraway Brazil. KepFels, which made its debut as a power supplier to big energy users
      547 words
    • Article, Illustration
      Lock icon KepFels diversifies after rigging up the seven seas
      1512 5  -  The rig builder is now growing its power generation business By C Conrad Raj, Loh Hui Yin FEW Singapore companies can claim to be a world beater and dominate an industry as much sis Keppel Fels Energy and Infrastructure (KepFels). Over the
      FILE PHOTO  -  1,512 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      291 6 OTHER SINGAPORE INDICES Nov 8 VALUE CLOSE wfaam -321.00 +43.00 WOW -*****.00 +44.00 ST 18-day MA -32.00 j 430.32 +3.32 OC8C30 424.51 >3.27 mmnrnm 360.78 +3.50 SCE««it»»E)act 104.60 +1.73 8QlnaMnHi 1088.43 -7.87 338.89 +7.27 ■Bftww 194.37 -0.75 Vd— SingTel 15c 24-670,000 Autron 13,476,000 DatacraftlOc 4-S&8& Frontline5c 8.238,000 Surface MTHK20C 7.706.000
      291 words
    • Article, Illustration
      Lock icon UOL warrant a good bet if the market recovers
      274 6  -  HOT STOCK/ WARRANT By R Sivanithy WITH the exception of City Developments and Capita Land, property stocks have not featured much in daily trading in the past few months. Even with interest rates falling, the market seems to be shunning the
      274 words
    • Article, Illustration
      Lock icon SingTel's results help cheer market
      760 6  -  I-li comment STOCKS r. sivanithy During the past week, the local stock market has latched on to significant announcements by Datacraft Asia and DBS Bank to set the tone for daily trading. Datacraft's profit warning dominated trading last Thursday and Friday, while DBS' $2.1 billion
      760 words
    • Article, Illustration
      Lock icon Euro shaky ahead of key ECB interest rate-setting meeting
      522 6  -  -I i comment CURRENCIES But Singapore dollar downside limited by coining bond issues and yen strength larry wee THE euro languished in Asian trading yesterday ahead of a key interest rate meeting—pinned down south of 90 US cents, while just about
      Source: Reuters  -  522 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3077 6 UNIT TRUSTS FUNDS mmtmm Mart agt Mi ltd AtxrdMfl Wtct Portfolio: American Opport M 0.712 0.770 Asian FiaadlncomaM 1.147 1.1(3 CNna Opportunities Ml** 0.853 0.(97 Cont Euro EqtyMI** 0.929 0.976 Global MWCFd 0.646 0.679 Global Technology Fdl** 0.514 0.S40 Indonesia Equity Fdl" 0.560 0 569 Japan EqtyMI** 1.029 1061 Malaysian
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      631 7 f *-omSßm J ssP* > SPr v "*'£s •T'^V'--'- 5 l ..-»_r r^£*'•] I J.!! r IflHlMil/ LI II ■^nHH II n BBBBBIIagHI lv ill ll 1 II 'fy- <*■ s -y ■H\ I^^HH II m II w—wßßi *—wßm£MMmsm 1 HHHH i—BBMISHi II II H^HH Now you can participate in
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      3040 8 call toll-fret 1800 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 [Section 2*X2Mb|) AND IN THE MATTER OF PACIFICOMP PTE LTD (In Monbtn VoAuolory Lj^wo^ofioft) Nona Of RESOLUTIONS At an Extraordinary General Msetiwg of tie Company held at 78 Shenton Way *3D03 Singapore *****0 on the Ist day of
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      790 8 IN THE HtOH COURT Of THf iffimtrof UNmpotf Originating Suma»ons No. *****3 of 2001 IN THf MATTER Of SECTION 210 Of THf COMPANIES ACT CAP 90 (AS AMENDED) AND IN THf MATTE* Of YONG LEE FOOOS INDUSTRIES PTE LTD (IN CRRMTORS' VOLUNTARY LIQUIDATION) tC NO. *****1932K NOTICE Of MEETING SCHEME
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  • SINGAPORE news
    • Article
      Lock icon Ad, media firms still hiring but are more cautious
      372 9  -  Wi 3 on the economy jobs By Eugene Low COMPANIES in the advertising and media industries are still hiring, but prospects of a protracted downturn have made them more cautious, with the proportion of firms expecting to increase employment during the
      372 words
    • Article
      Lock icon EDB, 3i in $20.5m buyout of local firm
      387 9 The two partner semiconductor firm MBE's management THE Economic Development Board's investment arm said yesterday it has joined forces with British venture capital giant 3i to complete a $20.5 million management buyout of local semiconductor firm MBE Technology. The deal allows EDB
      387 words
    • Article
      Lock icon 2 PR firms to merge HK and S'pore units
      323 9 PUBLIC relations firms Golin/Harris Forrest and Scotchbrook-BSMG announced yesterday that they will be merging their Hong Kong and Singapore operations. This is scheduled to be completed by the end of the month, and the merged entity will operate as Golin/Harris Forrest.
      323 words
    • Article
      Lock icon Should CEO/COO explain share sales?
      110 9  -  MAILKEn Lu Kee Hong Singapore I REFER to your article "Could Datacraft's warning have come earlier?" by Lee Han Shih (BT, Nov 2). Should the CEO and COO show cause for the sale of their shares? This is the question that needs to be answered.
      110 words
    • Article
      Lock icon Housing agents need retraining too
      97 9  -  Mark Lee Kah Hui Singapore I REFER to the letter "Need to check expat estate agents" by Xia Yun Xin (Mailbag, Nov 5). I fully agree with Miss Xia's comments on the control of real estate agents. Given that we are striving for higher productivity
      97 words
    • Article
      Lock icon Novartis invests $220m in tropical diseases centre
      356 9  -  It will conduct TB, dengne fever research when it opens next ye&r By. Eugene Low SWITZERLAND-BASED healthcare giant Novartis is investing $220 million to set up a new tropical diseases research centre here its first such facility in the world. Called the Novartis
      356 words
    • Article, Illustration
      Lock icon EDB HQ status awards for 8 companies
      468 9  -  The companies will create 800 jobs and spend $230 m By* Serena Ng THE Economic Development Board yesterday awarded eight companies various headquarters status, and said these companies have committed to creating around 800 jobs and to spend $230 million as a result
      DESMOND POO/ST  -  468 words
    • Article
      Lock icon No change in position on social welfarism: BG Yeo
      254 9  -  By Chuang Peck Ming THE government is standing firm against taking the path of social welfarism, even in the face of rising unemployment. "We will adjust our policies, but fundamentally, we will not change our position," said Trade and Industry Minister
      254 words
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      50 9 Mtowefcome totter*. E-mattuaat oaxtwOipft.com jg or tout* TSSBSn.orwrttatKTtmßutkwnVmm.TkrmHoum.MOnmSmg floed, Singapore *****6. Wa naad your ft* nam* addtaaa and talaphona number, so we can yer*y ft came from you Ptaaae use temperate language, and baar in mind Kb* law*. Wa naaarve the rtfit to aalact lattan tor publication and to makaadtOngchanga*.
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      89 9 <Msfc> IB vBHH jfjj XI BißßEßMi^ra^!4^UjtSc-' h < M r >:';t? pf 8|Bg! ■HPHf£ 'Wmmm Cv 11 I \1 r §Av *!§81K&5: wgfgm 1^ ''v STAINLESS STEEL AUTOMATIC CHRONOGRAPH CHRONOMETER OFFICIALLY CERTIFIED (COSC) WATER-RESISTANT TO 200 METRES www*eum#-«e-merclw.eem Mlffr BEP?/<- CHEW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH DOCSON
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Media risks becoming a fear merchant
      726 10  -  W bottom line OPINION robert samuelson The Washington Post Writers Group THE news media ranks as one of the big winners of Sept 11: terrorism gave America a fabulous story and restored our seriousness of purpose. Because this good fortune seems almost indecent hardly
      The Washington Post Writers Group  -  726 words
    • Article
      Lock icon IN OTHER WORDS
      78 10 'If you want to know about this quarter, no comment If you want to know about next quarter, no comment If you want to know about next decade, let's talk.' Patrick (Mrinpr Intel Corp's chief technology officer, on the chipmaker s expectations for business. This is torturing
      78 words
    • Article
      Lock icon Howard banking cm nifty moves
      573 10 EDITORIAL WITH the Australian economy set to grow at 3 per cent against a backdrop of global recession this year, Prime Minister John Howard's Liberal National Party coalition should be cruising to an easy victory in tomorrow's parliamentary election Instead, if the pollsters have it
      573 words
    • Article, Illustration
      Lock icon Asean can't be warm to China, cool to Japan
      1053 10  -  For Asean's policy of greater self-reliance to work, it most be within the context of an all-inclusive regional unity Froml Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo A SENSE of reality has begun to permeate the Association of
      AFP  -  1,053 words
    • Article
      Lock icon Stop the bombing
      583 10 COMMENTARY Use other means to ferret Osama oat Editorial in The Jakarta Times AS the US military strikes in Afghanistan enter their second month, it is worth pondering just what has been achieved by the 30day intensive bombing campaign in the poor Central Asian country. The US
      Editorial in The Jakarta Times  -  583 words
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      1253 10 Notices IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER Of OMNIS INVESTMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and hetd at 17 Kallang Junction 902-01 .Champs Centre, Singapore
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  • REGIONAL news
    • NOTE Book
      • Article
        Lock icon Hyundai, Inokom in joint venture
        70 11 AFP [KUALA LUMPUK] soutft Korea s Hyundai Motor uo will jointly produce micro multi-fUnctional vehicles with its Malaysian partner Industri Otomotif Komersial (Inokom), reports said yesterday. "We are eyeing manufacturing 20,000 units annually at our Kulim plant in (northern) Kedah state," the Star newspaper quoted
        AFP  -  70 words
      • Article
        Lock icon No delays in M'sian debt revamp
        66 11 Reuters [KUALA LUMPUR] Malaysia's debt mediator said yesterday it will not delay efforts to restructure debts of local firms despite worsening global economic conditions. The Corporate Debt Restructuring Committee told creditors and shareholders to be prepared to take more pain, saying it expects to
        Reuters  -  66 words
      • Article
        Lock icon IOI decision on Palmco in a week
        90 11 Reuters [KUALA LUMPUR] Malaysian property and plantations group 101 Corp Bhd said yesterday it expects to make a decision on the listing status of unit Palmco Holdings within a week. 101 now owns 00 per cent of Palmco while conglomerate Sime Darby holds
        Reuters  -  90 words
      • Article
        Lock icon MSC to cover Penang,JB,Ipoh
        63 11 Bernama [KUALA LUMPUR] The second phase erf the development of the Multimedia Super Corridor will extend to cover Penang, Johor Baru and Ipoh after year2oo3, the Dewanßakyat was toki on Wednesday. This is to bring the MSC's flagship applications, including electronic government and smart schools, to
        Bernama  -  63 words
      • Article
        Lock icon Thai Airways explosion an accident
        79 11 AP [BANGKOK] Defence Minister Chavalit Yongchaiyudh said yesterday that the explosion of a parked Thai Airways plane at the Bangkok airport earlier this year was an accident. "The investigation team has ruled out the sabotage theory. The explosion was an accident" Mr Chavalit told the
        AP  -  79 words
      • Article
        Lock icon Indonesia eyes Natuna-Aceh pipeline
        100 11 Bloomberg [KUALA LUMPUR] Indonesia said it aims to build a pipeline by the end erf the decade to take gas firom the Natuna Sea to Aceh province about 1,300 km away to keep a plant that turns gas Into liquid going as nearby reserves run out.
        Bloomberg  -  100 words
    • Article, Illustration
      Lock icon M'sia's central bank sees no recession in 2001
      488 11 KUALA LUMPUR Bank Negara chief gives no hint of any imminent cut in interest rates Reuters MALAYSIA'S central bank chief said yesterday the country would escape an economic recession this year and gave no hint of any imminent cut in interest rates.
      Reuters; THE STAR  -  488 words
    • Article
      Lock icon Daim not under any investigation: govt
      83 11 KUALA LUMPUR AFX FORMER finance minister Daim Zainuddin is not under any investigation and has also not been charged with any offence, Prime Minister's Department parliamentary secretary Noh Omar was quoted as saying in a New Straits Times report. Mr Noh was speaking at
      AFX  -  83 words
    • Article
      Lock icon Petronas eyes S'pore Refining
      255 11 KUALA LUMPUR M'si&n company in talks to boy BP's stake in refinery Bloomberg PETROLIAM Nasional Bhd (Petronas), Malaysia's state oil company, said it is in talks to buy BP pic's onethird stake in the 285,000 barrel-a-day Singapore Refining Co. Talks with potential buyers, including a partner
      Bloomberg  -  255 words
    • Article
      Lock icon Berjaya reviews mobile, property purchases
      253 11 KUALA LUMPUR Bloomberg BERJAYA Group Bhd is reviewing its plan to buy a stake in a mobile phone company and property from chairman Vincent Tan, including a stock sale to repay debt, because of the weak economy and stock market. The move may delay efforts
      Bloomberg  -  253 words
    • Article
      Lock icon Two China food firms deny involvement in poisoning
      197 12 SINGAPORE TWO China-based food processing companies, People's Food Holdings and United Food Holdings, said yesterday that their products had nothing to do with an outbreak of food poisoning in Guangdong province. According to media reports yesterday, a bout of food poisoning in
      197 words
    • Article, Illustration
      Lock icon Jakarta gets US$3.14b in fresh aid
      678 12 JAKARTA World Bank says help conditional on a big boost in policy implementation Reuters DONORS pledged US$3.l4 biUion in aid to Indonesia yesterday, throwing a fresh financial lifeline to the embattled archipelago after one senior official bemoaned the need to "beg" for funds he
      Reuters; AP  -  678 words
    • Article
      Lock icon Ibra gets personal guarantee from Sinar Mas founder
      245 12 ■JAKARTA This will meet any shortfall from assets pledged in US$L3b debt deal reached earlier Reuters INDONESIA'S Bank Restructuring Agency (Ibra) said it had received a long-awaited personal guarantee from the founder of the Sinar Mas Group to cover a complex debt
      Reuters  -  245 words
    • ASIA Notes
      • Article
        Lock icon AWSJ, FEER editorial staff to merge
        72 14 Bloomberg [HONG KONG] Dow Jones Co said it wrn merge me editorial staff of the Asian Wall Street Journal and its Asian weekly magazine, the Far Eastern Economic Review, eliminating a quarto* of the jobs at the two publications. The merger will start immediately
        Bloomberg  -  72 words
      • Article
        Lock icon Tom.com's Q3 loss narrows 53%
        71 14 Bloomberg [HONG KONG] Tom.com Ltd, an Internet and media company owned by billionaire Li Ka-shing, said ita loss in the third quarter narrowed by more than 53 per cent because of higher sales from its Internet-related business. Tom.com said it lost HK176.8 million (5517.8 million)
        Bloomberg  -  71 words
      • Article
        Lock icon Motorola to hike spending in China
        67 14 AP [SCHAUMBURG, Illinois] Motorola Inc disclosed plans to sharply increase spending and production in China, where the company intends to invest US$B.6 billion over the next five years. A Motorola team led by chairman and chief executive Christopher Galvin on Wednesday outlined the plans
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        Lock icon Pakistan's textile concerns in trouble
        81 14 NYT [NEW YORK] A two-thirds decline in business from US companies is forcing apparel and textile concerns in Pakistan to lay off thousands of people and coukl soon close numerous factories, according to a report reteaaed on Wednesday by a Pakistani trade group. The Pakistan
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      Lock icon Foreign firms may sell shares in China
      497 14 SHANGHAI Companies like Unilever that own at least 25% of local units may apply Bloomberg CHINA'S government will allow foreign companies to sell shares to domestic investors, enabling businesses such as Unilever NV and American International Group to tap Asia's sec-ond-largest capital market
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      Lock icon Some investors against Guoco's revised buyback
      471 14 HONGKONG They say price is too low; KIO may be key to outcome Bloomberg GUOCO Group Ltd, a finance company controlled by Malaysian billionaire Quek Leng Chan, still faces opposition among investors to a HKSS.9 billion (Ssl.4 billion) share buyback even after two revisions.
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    1145 11 Transaction date: Nov 8 DITBRBAIfE CROSS RATES A) CS !■> far* Wr 9m WO Mimii ¥w Q» OM 02$N>t» Pm U —< llr OB MB Antral! 0420 4267 0.573 1750 U20 40» ***** ***** 1621 640 1454 1120 ***** ***** 0.934 4909 0J« 17.T20 22.875 0JH 04M C<M* 1219
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      127 11 '-%rig s t y <V < m>. "(f 1 I VtUfiMi W.M.I 000 M Com v anoin(, tim» DISCOVI'HINO ITS SIC MI TS. Rl V( A UNO TH»M to TMUI CONNOISfiI UHS Ol fCINI PANI RAI A WORKSHOP THAT TJMNSfOWMS 101 AS INTO ATf.HI S THAT Df f V TIMf
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    1663 12 SICOM FUTUHBB Nov 8 HMO (Mm do** «atSjfea) KS1 CONTRACTS caits/hD Ctaaa VHM OpM MNtk M|> lw htl (tww) Dae 01 I5J0 50 Jan 02 97.00 Feb 02 MOO Mar 02 99.00 RSS 3 CONTRACT (US cMb/k*) ValBM 0»aa Meat* Hjgfc Low Salt tta—») Iwtamt Dec 01 52.00 2000
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    Lock icon STOCKS ASIA
    4732 13 Transaction date: Nov 8 for more, go to uww.asiaorienrriarkets£om HONG KONG *•< wo w- w AotmAsu Multimedia—0.50 unch 0 Alpha Gmnl 0.03 uncti 4220 AmoyProp 8.10 -0.20 6220 AnandaWtngQn 0.06 nidi 6080 AngmNmSMH 1.00 0.02 21S26 Anhui Conch H 1.73 0.06 1504 Anhui Expressway H 137 0.03 1300
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      112 13 €B€L j SHKRHnH vq O Tt HB^> Ik mmjF BPSli^^^, MZX jy JHjjr introducing THE new classic wave t v J I -h t I I EXCLUSIVELY A VAJLABLE AT: NQEE ANN CITY: Sincere. Tel: *****18 PARAGON Cortina, Tel: *****84 SCOTTS: Watches of Switzerland, Tel: *****08 LUCKY PLAZA: Sincere. Tel:
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      169 14 -^ygMitftfH "■'s%^ H H v Jm^ mi As-in operator of one of the largest networks and a loading network service provider in tho world no one understands the importance of network security better than AT&T. .1 An Internet connection without proper security is equivalent to a door without a lock
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      824 14 KSQBS NOTVCI Of ANOINTMENT Of PROVISIONAL LIQUIDATORS POLYMICRO PRECISION TECHNOLOGY PTE LTD (Incofpfltlid in SinQapoit) Tatoa note* lhai Mick Aw dwelt Hwat and Noo Kong J"> of Moor* IliphlW, II Co»yar Qaoy. *1002 T>» Aicoda. Simapnia *****7 Kov. bw miM.< toM and m —rod fcqi»dt*on erf nhomnamid company on 2
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    2293 15 Transaction date: Nov 8 KUALA LUMPUR vd i nm AIMMty 0.76 001 Abric 1 83 0.02 114 ACPMwtrtas .2.76 0.01 45 Advance Synergy 0.50 0.05 292 Affin Holdings 0-23 0.01 3 Ahmad Zaki Res 3.72 0.02 3 AlCCorp 3.58 undi 16 Aitaclta. 2.16 0.03 698 AKN Technology 3.42 -0.02
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    415 15 Transaction date: Nov 8 i am* a—.1 1—■. m am, Of cac us 2.700 -MM wdM» aw in ssrsr ;s as ist ;s a lis Br- ssa OtSGfp WJi m -0.100 Mft Mi US 4M Dwynoousssk OJi A405 AOOS SMRT «Oc 0* 0.7* <*005 Oatocrrftttt Mi 1JW «M20 »H
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    550 15 BONDS WARRANTS ImI MCaat tar T5 swa *ar- mm— ftm %*m+m u». AST1W*****1 15 1 IB An«akW*****0 215 1 B W 232 AmttrangW*****0 55 I 10 B I* MafoodrwaV712 05 1 166 Z279 1430 tar(HVMO!01 Wk W4 0* i. 5*******1 10k Myoma T«frUd>MnCB17 AS 1 40 111 *30 4 OunnwUWOaWIS
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      2998 15 itm jfc-xw IN THE MATTER OF THfe COMPANIES ACT, CAP. SO AND IN THE MATTER OF OAIAX MKJAPOBE PTE LTD (In Man**# 1 Voluntary Liquidation) NOTICE OF RESOLUTIONS Al an Ejdraordbiaiy General Meting of 9ta rtovenamed Compeny <hiy convened and haM al Eunoa Road 912-01 Souto Lobby Singapore Pod Cento
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      472 15 FORM BSA THE COMPAMCB ACT (CHAPTER 50) SECTION 291(1) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSMESS BY REASON OF ITS LIABILITIES Name of Company: Sdino Matchants Singapore Pis Lid Company No: *****1685E Tha Regiatmr of Compantaa 4 Buajnaaaaß. Singapore Wa. YoahAtazu Taguchi (Paaaport No. TE*****66), hUeyuta Aba
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      184 16 H fl jhv M M m m J K M V m g 9m m j S 8 1 JF la/ m M m B Con era tula tions sembcorp ftCfpTl to SembCorp Cogen Pte Ltd Using state-of-the-art technology, SembCorp Cogen's 815-Megawatt combined cycle co-generation plant utilizes natural gas to
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  • WORLD news
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      Lock icon Toyota's first-half profit rises 82% to record
      481 17 TOKYO But it left full-year targets unchanged while predicting a 'severe' second half Bloomberg TOYOTA Motor Corp's first-half profit rose a bet-ter-than-expected 82 per cent to a record, aided by a weaker yen and rising US sales. However,the thirdlargest automaker left ftillyear targets
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      Lock icon British Tel's Q2 earnings fall 7%, skips dividend
      418 17 LONDON Reuters BRITISH Telecommunications, the restructured UK giant searching for a new boss, yesterday reported a 7 per cent fall in sec-ond-quarter earnings and said it was on track for costs savings of £575 million (Ssl.s billion) this year. In its last
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      Lock icon ECB and BOE cut interest rates
      468 18 FRANKFURT Both central hanks reduce their benchmark rates by half a point each Bloomberg. Reuters, AFP THE European Central Bank and the Bank of England yesterday cut their benchmark interest rates by a half point each in a bid to prevent a shrinking US
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      Lock icon Citibank S'pore a top provider of custodial services
      243 18 SINGAPORE Poll measures quality of service to cross-border clients CITIBANK emerged number one in Singapore and among the top-rated in the world in a global survey to identify the world's best providers of custodial services to institutional customers, the bank said in
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      Lock icon Moody's may cut Merrill's ratings
      299 18 NEW YORK Agency fflnffhftfl outlook for broker's credit ratings Bloomberg MERRILL Lynch Co's long-term credit rating may be cut by Moody's Investors Service for the first time in more than a decade because of concern about falling earnings at the biggest securities firm. Moody's said
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      Lock icon Fed sees Sept 11 impact waning
      286 18 Reuters [WASHINGTON] The shock that rippled through the United States from the shattering attacks on Sept 11 is rapidly wearing off and revealing an economy as sound now as it was before, Federal Reserve vice-chair-man Roger Ferguson said yesterday. "As testimony to the resilience
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    • WAR ON TERRORISM
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        Lock icon Osama-linked networks targeted
        132 18 LAT-WP [WASHINGTON] The Bush administration on Wednesday blocked assets of networks called A 1 Bar akaat and A 1 Taqwa. while FBI and US customs afn* seised records and arrested one man during raids of American offices of Ai Barakaat in Alexandria, Falls Church, Minneapolis, Boston, Seattle
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      • Article
        Lock icon Taliban asked to close consulate
        45 18 AFP IKAKAjum] raKtstan has asxed AJghanistan'e Taliban regime to its consupe in Karachi, the Afghan Islamic Press reported yesterday. Quoting Talihen sources, it said die Pakistan government conveyed its decision on Wednesday and the consulate had started preparations to cloee—AFP
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      • Article
        Lock icon No-fly zones over UK N-stations
        58 18 Reuters [LONDON] Britain has imposed no-fly zones over major nuclear power stations after warnings they could be at riifcjflrom terrorist attacks similar to those launched against America, a government spokesman said an Wednesday. Industry chiefs had expressed fears that Britain's nuclear installations were danplants with
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        Lock icon US bill to help Insurers
        124 18 Reuters (WASHINGTON] The House of Representatives Financial Services Committee on Wednesday convincingly backed legislation to aid insurers hit hard by the Sspt i i attacks on the US, in a major step forward tor an effort policymakers say is crucial to the health of the
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      • Article
        Lock icon Warning from M'sian Islamic leader
        118 18 AP [KUALA LUMPUR] A fundamentalist Islamic leader in Malaysia wamed yesterday that the longer US-lad foroee bomb Afghanistan, the more Muslims around the world will be "compelled" to join pro-Taliban forces. Nasaruddini Mat Esa, secretary-general of the Fan Malaysian Islamic Party, said support for Af
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    Lock icon SGX MAINBOARD
    5598 17 Transaction date: Nov 8 for live prices, log on to uwwxtsiaoriemarketsjoorri 52-Vk Laat M Day LMQM Mto 0t» CrVM MM MCm gfctei fimm Ut» W- flg I—i gg |gg CVr w _g| Mg > ABNAmroNLG S6c 9 34 136 39-5 15 c ACE Dynamks20c 105 9 13 03
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    Lock icon SGX XTRANET
    29 17 o—. as w a ■r-sra.-s sn a *375 HMO BIO» damn* USKtOcd two 300 s SOJUSTth. US5140 *HO 0 5140 5140 S1S0 inonoibsapsoc usiooso **********! 131S0«S0s9MS US*****
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    Lock icon SGX SESDAQ
    1321 17 ■yk c—— a A g'a'as J! C tK^1? 9 5t 13 uneh 40 13 13 1 5 HUM 211 13 415 UcAPCMSc 13 -1 90 14 H IU I4S -33 114 M 1DD 273 c AS Auto 10c 385 *2 127 363 X XJ 10 HI U Si
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    Lock icon CLOB INTERNATIONAL
    343 17 SMK UM «M Day I1Q—i «rtt* Mr GrTM M -Cm i— cmmm lm> w- tm u» cw m >3 1M AVJmrangi A25c A 75 2 75 7S 73 71 40 3 4 13 3 4 4 104 C*l*tocJkMK. 736 2.1 74 I *****2 ONIffQKonfMcMK 17» 240 63 6.7
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      159 18 J r MOST BUSINESSES ARE WON OR LOST RIGHT HERE. v t ■■■■■■■■■ml, ■■■yHHii -Vfid i y |La ®******8p■F iIHHBHH^BI The War Room. It's where it all happens. The fact is, your company's conference room says a lot about your company. And can often determine the impression you make on
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  • EXECUTIVE Lifestyle
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      Lock icon Make merry
      1813 19  -  COVERSTORY Times might be hard but that hasn't stopped the appearance of comedy nights at two S'pore bars. And judging from their profitability and audience attendance, laughter seems to be the best medicine, parvathj nayar reports PARVATHI NAYAR I Fa literary wit wanted to liken comedy clubs in
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    • PERSPECTIVE
      • Article
        Lock icon The economics of spending
        701 20  -  l>] 3 3 the cuff Depression over the recession may well kickstart the econeny as nobody can really tolerate not spending for long jaime ee I'VE got it! The secret to the universe, you ask? The winning numbers in this weekend's Toto draw? The Harry Potter
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        Lock icon The days of mirth
        491 20 Christina Sergeant, founder of Mime Unlimited and Mad Hatters Comedy Club has a history of some 17 years qftheatrical and improv comedies in Singapore. Looking badpat the laughter business in Singapore, she remembers: "There were a number of attempts in the 80s and 90s to start
        491 words
    • BIZ WOMAN/MUSIC
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        Lock icon Giving voice to strong women
        1138 21  -  Martina Cole's crime fiction books are noted for depicting women who overcome terrible odds. parvathi mtu gets an idea why female readers identify with them PARVATHI NAYAR WITHKenzo shades perched atop platinum blonde hair, creamy white Calvin Klein suit—the result of a quick shopping trip
        ARTHUR LEE  -  1,138 words
      • Article, Illustration
        Lock icon Reeking of genius spirit
        466 21  -  CD REVIEW Bj/1 Tan Hwee Hwee SINCE Wisconsin is probably most famous for its freezing winters and dairy forms, if s hardly the heartland of hip, which is why, in 1995, Garbage stunned the world with the phenomenal success of their self-titled debut album. Mixing synthlaced
        466 words
    • HEALTH
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        Lock icon Make no bones about health
        1123 22  -  With exercise and nutrition, osteoporosis need not be an inevitable part of ageing, chbah pi-hooh learns CHEAH UI-HOON THANKS to several milk advertisements, most people know what osteoporosis is. We know that taking calcium helps prevent it, and that it affects mainly older women. Beyond
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    • CINEMA
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        Lock icon What's fate got to do with it?
        716 23  -  After one cntrM plot too many, the novelty of 'Serrodipity'wears thin By< Geoffrey Eu WHAT are the chances that as if pre-ordained by some divine god of relationships— each of us has a perfect soul mate somewhere in the world, someone we may
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      • Article
        Lock icon REEL bits
        1556 23  -  Byi Susan Tsang A FEW blockbusters are sweeping the screens. Jet Li s sci-fi actioner The One. and The Musketeer, where Hong Kong choreography is given an 18th century French setting dominate the action movies, while The Princess Diaries, Legally Blonde and Serendipity rule in the romance and
        1,556 words
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        Lock icon Lack of imagination floors The One
        521 23  -  By\ Susan Tsang The One showcases Jet Li's martial arts prowess, and, conversely, shows up the inadequacies of director and cowriter James Wong. The former looks wonderful executing Corey Yuen's choreography, and even though much of the action is enhanced by computer graphics, his
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    • THE ARTS
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        Lock icon Walk on air, barefoot
        617 24  -  By Parvathi Nayar aarqjooi m win rvrit, uiai uasait iwu Simon comedy about relationships and love, is Singapore Repertory Theatre's end-of-year Christmas offering. And a good offering it is too, with its easy humour and upbeat spirit Director lan Belton plays the text fairly straight without
        ERIC LIM  -  617 words
      • Article, Illustration
        Lock icon Merrier X'mas with SDT ballet
        689 24  -  ui-boom finds out why Singapore Dance Theatre's The Nutcracker' will be a special treat for the festive season CHEAH UI-HOON CHRISTMAS is a time for tradition. No matter what new twists are given to the yuletide season, one expects there to -be carols, Christmas trees
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        Lock icon SDT-BT annual ballet ball on Dec 8
        156 24 THE Singapore Dance Theatre-Business Times (SDT-BT) Arts Fund was set up at the Ballet Ball last December as a collaborative effort to raise funds for propelling SDT onto the international stage. This year's ball will be held on Dec 8, and the funds
        156 words
      • Article
        Lock icon THE PROGRAMME
        536 24  -  Cuinplii by Aaron Lye PERFORMANCES DqwiTIM A play chronicling the efforts of a husband-and- wife team who attempt to write a book about a serial killer. Written by Lee Blessing, the play is directed by Christian Huber of luna-id, and features Mark Waite, Rehaan Engineer and Rasiah Raslyn
        536 words
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        Lock icon Action Theatre's good harvest
        799 25  -  42 ftatre ago with the aim of nurturing ne# talent and new worts, retunissn Nov 15 with new directions By, Aaron Lye B ACK for the second time In two years, Action Theatre's 42 Theatre Festival is all about nurturing new talent and new works and
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        Lock icon Exploring the art of love
        242 25  -  By Aaron Lye DESCRIBED as a contemporary performance that explores the art of "dating getting hitched, passion and prevarication", Dramaplus Arts' upcoming production of love bites looks set to heat things up on local stages with comedy, drama and a touch of the sensual. Billed
        J LAWRENCE OMAR  -  242 words
    • EPICURE
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        Lock icon Style meets substance
        811 26  -  When it comes to value for money, few can beat Citrine Chocolat with their excellent set lunches. All they need is to make their chocolate cakes bigger, mime ee reckons JAIME EE GOOD food. Good value. It seems such a ridiculously simple concept, yet so few restaurants
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      • Article
        Lock icon Variety is the name of the game
        248 26  -  CRAVINGS -By Cheah Ui-Hoon THE chefs from Bangkok's Amari Atrium Hotel are whipping up their houae specialities at Orchard Hotel. Amongst its repertoire of over 30 dishes from starters to desserts, the duck noodle soup with herbs stands out— The intensely-flavoured broth can
        248 words
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        Lock icon Some like it hot
        633 26  -  By< Cheah Ui-Hoon AS far as Szechuan restaurants go, one way to measure just whether the chef is worth his weight in chillies is to take the famous hot and sour soup as a yardstick. Or so those who aren't very well-versed in Szechuan cuisine like
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      • Article, Illustration
        Lock icon Run-of-the-mill
        554 26  -  By« Jaime Ee WHERE'S the recession? If s not at the new Sushi Tei restaurant in Ngee Ann City, that's for sure. Even though the guy I was sitting shoulder-to-shoulder with in the tight-as-sardines seat configuration at the sushi joint was complaining to his girlfriend about the recession, they
        554 words
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      173 19 -i... V >- I o V 1 VOLVO for life r BUILT LIKE CA6ES TO SET YOU FREE. ONLY VOLVO COULD THINK LIKE THIS. v :w vC iy V^V/mL I M M V VI fl K I m M m m m I K I B K M m K
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      Lock icon Page 19 Advertisements Column 2
      38 19 INSIDE u Crime fiction writer Martina Cole gives voice to strong women EL3 ■I, ,HL vVMMQI Make no bones about osteoporosis EL 4 Ms Merrier Christmas with SDT ballet at Eptcare Style meets substance at Citrine Chocolat at
      38 words
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  • Page 20 Miscellaneous
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      240 20 CRYPTIC CROSSWORD 9 find 1 Support ideas with re--10 The colour of pie mixture 2We hear, It's gun law (5) found in South America (5) 3 Mental detachment from SBI I must be clothed in new, o, wln a L_J JBIZ 12 The transport for tea, say, 4 Map with
      240 words
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      641 22 x j Diners Club Credit Card gMg Where to wine, dine and entertain*** »"w Definitely a* erst card m the worw bmi 290 4545 I Come Home for the Festivities Thanksgiving Buffet Dinner: Thursday, 22nd November, 2001 Our Thanksgiving treats will satisfy your craving for all tha tastes of hon*.
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      53 22 IBRH mk I SCSaBH DIANXIN AT THE NEPTUNE Enjoy excellent lunch and dian xin served on troOcys. Reservations: 224 3922 Mwf«lb|rM»«tarinSnf*>a»e 7* Floor. Oiuhm LWanHou*. CoNywQu*y ■VT.'rrr s-w** owui w 223 ~Z"~|one8 (ex«pt Sand*y«) Back frotn 1 Saftiabv MOl Popdbr Daaui at dM SMMmt'i Bar, Laval S» |TW VrWtin PWwu
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      108 23 DEMAND A BETTER j FUTURE WITH A 1 POSTGRADUATE DEGREE I POSTGRADUATE EDUCATION I jSm- J HAS ALWAYS BEEN THE FASTEST ROUTE TO THE TOP JOBS GIVE YOUR CAREER A REAL BOOST Don't n Postgraduate MBA Fair atuf oxpio'o a vvo'Uio MBA's. Hi 4 r vn<"l S rujapo FRF tntef
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      48 24 ■Mi ft- E Id x Iv w ■▲■AV B V mm h, M B M T*Bk IjbS m fl I 1 k T| I I w v-i Ri aJK II Jf*> how to stand out during internship II > life! interns spill their guts H > nursing intern > win
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      10 25 TheßusinessTimes Shipping times 290 Orchard Road, #19-01 Paragon Singapore *****9
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      327 25 I Since t975. out !a If including lawyers chartered accountant•Jm A W cluttered secretaries and bankers ,iv W d I provided confidential and cost eff< tr« company fonnaiion in .ill the -naj. t a a' p ls including Incorporation Fits from USSSiW The world's For j FREE copy ot our
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      353 26 CORNDALE CONSULTANTS Fine Rare Wine Merchant presenting Acquire a Parcel* of Turn-of-the-Century Vintage 2001 P, 1 11 rI■I IJ I "111','- Il>.l'l U' !*i l"S i same will apply for vintacie2ool surroundinq buildings, have been the benefmanes of a number of landowners who donated their vineyards to the Hospices The
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  • SHIPPING TIMES
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      289 27 Reuters THE Baltic Dry Index (HDD fell two points to 843, the Baltic Panamas Index (BPI) lost two points toBB4, the Baltic Handymax Index (BHD eased five points to 6344 and the Baltic Capesise Index (BCD was down four points to 933. TIME-CHASTER: ♦Shlbumi-(built 1964) 186,068 dwt 12.5
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      129 27 CIMMH* 034 CUM 943 CMMMMMmnt-Oj. «MA 40 rr«M4LM« -0.0* 2* 450 ofTiilp 0J» and* o IMC H»Mng»-MK SMI ancft 0 §2§==1 13 SvmbCorp md 1.54 0.02 703 1 lltlWM »M -001 0 i i ■aft m Dtpcrtfm Corp L5* O.Oy^ HweWUl CM 002 9 Mt»Crara«yi HaTS 0J» U«4
      129 words
    • Article, Illustration
      Lock icon OECD slams anti-trust immunity for liner groups
      530 27  -  Price-fixing does not offer more benefits to shippers, consumers: report By Cheah Ui-Hoon [SINGAPORE] The practice of anti-trust exemption for price-fixing in the liner shipping sector has been blasted by a long awaited report by the Organisation for Economic Development and Cooperation (OECD).
      530 words
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      Lock icon US$5b Valdez damages too much
      80 27 [PRINCE WILLIAM SOUND] Crude oil from the tanker Exxon Valdez (top) swirling on the surface of Alaska's Prince William Sound near Naked Island on April 9,1989,16 days after the tanker ran aground, spilling millions ofgallons of oil and causing widespread environmental damage. The US$5 billion
      AP  -  80 words
    • Article
      Lock icon No customs checks on transhipments at Tg Pelepas
      112 27 [SINGAPORE] Malaysia's Transport Minister this week reportedly dismissed rumours the Port of Tanjung Pelepas (PTP) imposed customs inspections on transhipment containers. Responding to complaints of unnecessary inspections, Transport Minis- ter Ling Liong Sik met management and said the reports were only rumours,
      112 words
    • Article
      Lock icon Daewoo to build world's largest oil rig
      235 27 South Korean yard wins USs3Bom order from BP AFP [SEOUL] South Korea's Daewoo Shipbuilding and Marine Engineering Co Ltd said that It had won a US$3BO million order from the United States to build the world's largest maritime oil rig. The semi-submersible crude
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    • Article
      Lock icon ISM supports study to improve manpower use on board ships
      249 27  -  Shipboard operational tasks to be reviewed By Beth Jinks (SINGAPORE] The International Ship Managers' Association (ISMA) has thrown its weight behind a study to improve shipboard manpower which could revolutionise the existing officer organisation. ISMA's newly elected chairman Dirk Fry
      249 words
    • Article, Illustration
      Lock icon Jack-up rig is a ship for tax law purposes: Appeal Court
      763 28  -  ADMIRALTY CASEBOOK By Selva Kumar WHAT is a ship? This is the question that the English Court of Appeal had to decide recently. The case concerned four men who worked on jack-up rigs. Two of them worked as senior
      FILE PHOTO  -  763 words
    • Article
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      203 28 PACE > Ahrerttt AffwNp S Avart BlangMas i BSA T BSC 9 ITL 10 BMP 4 MmMo 9 CM*CGM 3 COSCO 3 Central Ex 6 Chahaya N> CNMStM 5 Confer 10 Cougar 7 CVTUoMM 6 Detmas 4 OpkDoyd 6 Dongnama 3 EPCarrim 10 ax 4 ECU line
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      Lock icon SHIPPING GUIDE
      12251 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AdvartMar Vauat Vov»Q» Ik ABIDJAN (ABJ) 2003 C«to D'lvo4f» 19/R 24/12 Mw OELMAS TOURVKXE 204W 45-*****44 20/11 21/12 WM Hun* INTELLIGENCE CONTA KVS 45-*****11 20/R 20/12 CMA CGM CMA CGM N0RMAM0K SCW 45-*****00 a/1 21/12 CMna Shpq CMA CGM NORMANWE BCW 45-5U0090 21/1
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        Lock icon CONVENTIONAL WHARVES
        539 37 Vtuti Voy No Iwtti Arrival Dtinrtiirt MFatM i OM/WO M2S? MST 2tOI JO* OB/TVTO-JO -viioi xj oe/iiws oe/TV22-oo ntr UST J« S/vwo U*H*m«2 KI2Mr JK OWT'# 2MKS2, MUkSaT JMO) JOS 08/Tl/KWK Ji Jnot JM oo/v*h» o«/tvz3iw Si J02 MWttB 0*W233* Si 4^1 Jk wvra HWM Si! 02-Mr0l JOI
        539 words
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        Lock icon CONTAINER SCHEDULES
        1016 37 RECEIVING OF EXFOVT FCI COWTAWEtS AMD LCL CAtO Hth Ship Voy Wo Etb/itr Nrt* Frm T» Prow AMMMI oum wtm W/HOO wmw *n__ 2 222 woc 28 07A70C 3®/vWC mnm mm mnm 4 OMaC (M« ovmo acuIt am *>«#> i armtt wjBF 3 ps sss *?s OtAJ'OC Ot/W
        1,016 words
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        Lock icon GLOBAL HOLIDAYS
        142 37 Taiwan: Birthday of Dr Sun Yat Sen United States. Veteran's Day Malaysia: Deepavali Singapore: Deepavaii Japan: labour Thanksgiving Day Philippines: Bonifacio's Day Finland: Independence Day Argentina: Immaculate Conception Italy: Immaculate Conception Brunei Hart Raya Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Malaysia: Hari Raya Puaaa Japan:
        142 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        676 37 THIS report. compiled by CockaO Marina Oil Lid, abowa prtn range# in US dollar* lnetaad of dngto prtc— tor a men ccmpnhenem deacrlptton of the market Pricea ahown an baaad on avarae* alaed aw. Markat muiiaiiH art tmU catad. Tha CoctaU Bnnkar Prtoa late chance the
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        Lock icon VERITAS BUNKER QUALITY REPORT
        223 37 art* *2 "5 K "S MB E25 0 0 0 !22l mtm WT.T OJ MJ 0Lfl7 **g 3*0 He MJ Out *7 0J0 wort %V* »Mi »W ww Mi OS 0 0 J. SOtelHs spaces Si 3 S3 S35 "J" S S S Wl LP *0
        223 words
    • AIR & LAND transport
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        Lock icon Transatlantic fares up despite demand drop: Amex
        514 38 Smaller aircraft, route suspensions cut supply; train travel more popular Bloomberg [LONDON] Airlines have increased fares for transatlantic flights after the Sept 11 attacks on the US, even as demand for travel falls by as much as 30 per cent, an American Express
        Bloomberg  -  514 words
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        Lock icon Concorde takes off to a flying start
        546 38  -  BA atone sells $53m of tickets as service resomes By Beth Jinks [SINGAPORE] The Concorde has taken off to a flying start with British Airways (BA) alone selling Sss3 million worth of tickets, in just 22 days. Demand for seats aboard the Concorde
        REUTERS  -  546 words
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        Lock icon UK expects 'open skies' deal with US within weeks
        259 38 Bloomberg [WASHINGTON] The US and UK may reach a deal to remove air carrier restrictions between the two nations within weeks, the British government said. "The prospects for achieving liberalisation before the end of 2001 are now better than they have
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      • LOG Book
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          Lock icon M'sia to upgrade airports
          88 38 AFX RMI.O billion <8*478.6 million) in the next five years to upgrade airport infrastructure across the country to cope with future air traffic demand. Transport Minister Ling LiongSik said. Bernama news agency quoted Dr Ling as saying the projected cost covers expanding the existing airports and
          AFX  -  88 words
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          Lock icon HK considering Transrapid project
          79 38 AFX [FRANKFURT] Hong Kong J£considering building t: Transrapid line to the Chinese cities of Guangxhou reported the WlrtschafUWoche magaxine, citing a spokesman for Hong Kong's Chief Secretary Donald Tsang. According to tfc» spokesman, a frasibfflty report is beta* prepared l on the 180 km long Transrapid
          AFX  -  79 words
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        Lock icon Ansett accepts offer from Fox, Lex
        148 38 Bloomberg [SYDNEY] Ansett Holdings' administrator, Andersen, accepted an offer from Australian trucking operator Lindsay Fox and businessman Solomon Lew for some of the failed carrier's assets, Ansett workers said. Andersen has been in talks with four bidders for Ansett's assets, including ANstaff, a group
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        Lock icon Swissair welcomes debt restructuring plan
        388 38 17b Swiss francs debt revamp to help avoid bankruptcy Bloomberg [ZURICH] Swissair Group said an investor proposal to restructure its debt of 17 billion Swiss francs (Ssl9 billion) would help avoid bankruptcy and ensure an orderly transition of the national carrier Into a new airline.
        Bloomberg; AFP  -  388 words
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        Lock icon Branson does not rule out stake in Sabena unit
        206 38 Reuters [WASHINGTON] British entrepreneur Richard Branson did not rule out the possibility that he would still seek stake in a regional subsidiary of bankrupt Belgian airline Sabena. Mr Branson's discount carrier. Virgin Express, was reluctant to complete a deal with Delta
        Reuters; REUTERS  -  206 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1330 38 OTT MB H* MW no «MM U8T70 22)0 mm am sso o»s an am van m so* am —r mi—m> mm* mm MM MR am UMH MB son* 2020 KM 2025 SOU* 202S KZ42M mm TM w om MB 099 UMM M M »«2 on mm
        1,330 words
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      67 27 HI rvH CAMBODIA SHIP REGISTRY gjjjr 'WORLD'S Ist ONLINE VESSEL REGtSTHAnON' We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service, 365 days a year up-to-date maritime laws regulations Mm Ltd. 10 Anson Road 625-15. International Plaza. Singapore
      67 words
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      547 28 JO USA! B| I. j Ivem 1 I m fmal ia»«ooili*msliPßioi *^J,■^'^EMmlMb nan tmmti stHS IVII I 17/11 I IVII 17/11 W Wll WII EHI WM H» I IttM I M 5 *L_ OOaCMJRHM SK4i IVII I 14/11 I WII Hll M/II IVII •VJ mWT 44S 11/11 Wll IVII WW
      547 words
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      363 28 Lj T Tr C^™^!, K,by I Mambars of Aw :l?Vjl MafT bef fe9 S ry Jt Singapore Logirtics Lifjf A^aAon Exngapore Shipping Adoption p* COmMNBK/ CONVBfTKMAL CAMO VOY ETAPKL ETA SIN CTXMALE PltataaU* MM n/*l rfiiM iij wi mi wi rr mim BCANCVAIT ACPCIBB SWI M JAJL4*TA oWl^).|iiJ"l.!.!l."JU»,lHl.|| Vwhl Sh
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      1105 29 TO EUROPE FROM EUROPE Ivcsa Ivor sw m w hmi w mu i» llvtssa wrlraiwwwv sou w sw I HYIMMIGBSUI J34W 17/11 79/11 01/11 01/17 20/11 HYUNDAI K*M« 304E bo/io 77/10 34/10 10/10 M/ll tfIGMKT 100W IS/11 01/12 OS/17 00/17 03/17 MtOflEGHn 00X 73/10 75/10 77/10 20/10 13/11 WXtOK 544W
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      1958 29 T• VMA > T/T iIS MVS 1 PIRAEUS T/T tlt MTS TMOTI T/T» H iiW J GENEtAI AGENTS M SMGAPOOtE SO ROMMONtD #12-00 SAUS/IKGS THj *****57/43 NUL *****21/71 MALAYSIA OfFICi PASM GUDANG TTL 07-*****44 FAX 07 3UA170 COSTAR SHIPPING PTE LTD *******OMMI «mA»(»/u 4205N2 wsws/zs POTUAUG SMSI SUS*a d NO:
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      1262 30 HliiA ASiAEXPKESS 146 A 11/11 10/11 IJ/1J IJ/J1 147 A 26/11 14/11 JO/" 02/12 I OA 00/12 00/12 11/12 14/12 MM 20/12 11/12 24/12 M/ 12 mm. vot swti mum jakata shhjmi mm umim mmua bwait HERNES 6/01 una IS/11 17/11 M/ 11 11/11 HEKABJN 7/01 27/10 10/10 10/11 12/11
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      285 30 WEEKLY EXPRESS SAJUMG SCHEDULE WESTBOUND TO: COLOMBO A NHAVA SHEVA (CFS MULUND. MUMMI) ALSO ACCEPTMG TO ALL NORTHERN AND WESTERN CO POMTS W9NM Wn i hjm UIM COUMO COMQR OOHBCaa whba va-aavi ■uuMomss oos» 12 m Jim xn an manor smmnm m msa um nn in am mm lims* MTOHT)I«
      285 words
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      972 31 A Great WAYDUBAI PERSIAN GULF WITH IRISL AGENT M SVtGAPOKE lAQENT M MAUYStA I AGENT M MDONESM BMOSE IMMTME FIE LTD CM MM**********M 00USTEAD BHOfM6 AOENCCS KM. BHD. Ft. WHOSE COMTI KRSADA FAX: *****61 KL TEL: 03-*****300 FAX: 03-214MM2 TIL 02-21 W—3l MLt££MCTTEL22MOM KN TEL: 04-263M1S FAX: 04-2****** FAX: 62-21-*****30
      972 words
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      254 31 UK CONTINENT SERVICE Loadtogtar DARYA TAAL ROM/ATW/BMNAJKAit OCEAN HO6T ROM/ATW/BMNAJ»VU»t MIDDLE-EAST SERVICE Loadhetor pancxjchn adn/jdh/dmt FLORENCE D6i A BUAXXtWt N/DMM/KWT JOJAR JOH/DMT OKTEM AKBOY AQA/JOM/TRP D4MI P D6VABU/DOH/BRN/DMM/KWT toadianppow. E>W. Manata USA SERVICE LoaiNngtor ULYSSES H CAM^NEK/SAV/NOL OCEAN JADE MZL/LAX/VCW/VCB fcidonwii F.E./S.EJL SERVICES S*por» UMfngtor PRMCESSMBWA INCVBSN XotM E. ImlmiMia
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      532 31 1 iAfitffw (irii c«>rM liMwrcir inn I i^==s==sF=s==§= s^^M¥BFS—iuu— I tm i >7/ii i 11/11 i —ffl -JH_ _ML_ BBL_ __ML_—! si mj aaj irni tni lli I m I ililil fflp |f, m |ft|gj I I Tm IbM num. £> jta__mi ki im H| -ft —&—-$H —fi w sm
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      505 32 Immb—c liynl oyn «y»Lw ItMHIIIIIIW I Vll IVll 1 ow 1 wmmmb ivii vti 1 vii 1 \m\ mi\m ■expoct |imm/vomi |m ICM|m In luc \m ■aatawrmw ivii «i/ii a/ii >/iiVii WW' BpfINHMP-OMI IM/ll 114/111 lf/*****/*****/11 Ifl/laM/lf M loui«w>«M» loviil viil yiilviiln/iiliyiHoviiß MSOKOPIMCMKOfOMSfaOft- mm. omtuoK mm, I nMAtfS. IMHAUMO, AIOANMIA.
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      318 32 VGSB KM »ON■M HV Ml AO IMASK OOJIOOI 11/11 a/11 Mil VII IN WIN MHIIff IVII 17/11 VII IVII ■SHE 177* M/ll 17/11 Vll am- CDSCDBEBUffiMMK IVII Vll N/ll Vll imam* ohmcw vii H/iiavn «/i? aiam m zvii ovi? oyii wii- Alio accepting cargo to Doha. Sharjah, Kandta. Kuwait Bandar
      318 words
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      452 32 CWT GLOBEUNK PTE LTD GW SfSSTBSSK "»"sl SiiSSSi, F*n»ng (M) *****90 B DIRECT SAILING TO: INDIAN SUBCONTINENT J? BOMBAY W&ievv delhi CALCUTTA < s~^-D CHITTAGONG karacU^ COLOMBO \y] ICD NEW DELHI bombay/nhava sheva! JX%a I KARACHI MADRAS V-^---"^MADRAS NHAVA SHEVA I COLOMBO* I for •nqulrtos/booklngs. p/«as« cMil *****77 rroum you
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      334 33 BSA MYANMA FIVE STAR UNE (MvMMMT NltiMMi Um) w Lnfc| lOf Ymjm msa vor sm m km rai HPA-AN M4W SU BOIKU 44W SU ■AUT9A AMNTS: KWSIIAO SMPPM6 AfiWOD Ok m M-*****5M rtL IE 43-*****141 MM IE 44-*****41 NIC IE 47-*****11/4 BANK LINE t* unto tl Ukm ¥Wr I NOtTHSOUNP
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      705 33 HAfA? I HYUNDAI MERCHANT MARINE CO.. LTD. V(yy ~~bS"" Hp ypy w W fIR "jjf MMi Btv SM MM iiiT «7i7 »7n TiTn wiT T" a/ii" IS fe|J "IvT Ml BBS S4MT M/ll M/ll #1/11 B/ll 17/" 22 J*# 2£! NTCMML XMW H/11 M/ll B/H M/ll M/ll **SE2 ?2 5<2
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      541 33 vOOv WALLENIUS WILHELMSEN 10 NORTH ANO UIIN AMERKA 1080 KAVYUfT SiRVKT IVBSa VOT Uf HBGHII S« I lOC I MAO 1 MA I SAY I Ml I Otf 1 MTC 1 1 MOO TAtONGA AMI 22 4001 m 4JM 11/11 10/12 22/12 24/12 20/12 27/12 20/12 02/01 04/01 MO AMI
      541 words
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      284 35 T~| SASIA EXPRESS LINES saSia I SINGAPORE AGtMT: JAR DINE LINER SUPPORT SERVICES VCSa VOT SWGAPORI PAS«6UPA»6 PORT KBAH6 PBUW6 MAMAUS sma BMW "/»1 14/ii/M>i sywwKPBU mowMPptr u/»/nn tuar 12/01 20/11/2001 27/12/2001 21/12/1001 swwwywwr >0/01/1001 DIRECT LINK TO AJAAZOMAS/ MAMAUS, H. BRAZIL TRANSIT TUAI 32 DAYS (DIRECT CAW BOOUm/CUSTOmH SBMCE
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      149 35 vcsa wr Enrau (wr vor man on axusMti mis w.im m miw io.nj»i "w nwusmi ins Him sun inw mm m nmsim ***** it.ii.qi mm i7i3n in ui ni BMIASMH lft€ 14.11.01 W) ***** IS.IIJI IHU MIAIASWtI ***** IS.IIJDI THU ***** lillJl HI tmmi i7i« itiui n» iTiw iniii sat
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      290 35 jfe MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA vissa nw m n in k mis hunk* don a pi ct ANNY 0. P. VOY 014 M M W M W M SAd idti Srfd MUR VOY 01S 10/11 12/12 14/12 11/12 21/12 30/12 02/01 00/01 00/01 00/01 5 —ill iiwbc SX
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      226 words
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      501 36 I HHlvnm flfti in iflfti ~»S^n~l I ncaSHMX 134* 14-17/11 23-24/11 3MI/12 I I TIGaKAIi 131* 19-20/11 24-21/11 03-04/1J I I nea«£Tio ra* 23-24/11 21-0242 07-oi/ij I I ncautHzi ran 24-27/11 owt/u 10-11/12 I M ncaswn ww 30-01/12 or 10/12 i4oyi2__B 3 —n otbsspok m ISWTI iOT 0-WII I CONROOQ
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      680 36 ImSaNAME VOY SMGAratf POtT KBAM CWTUGONG SONGU ru ro no rr* no n> no OCMGWm 04N030 SAT 10/11 IS/11 It/11 0( HONOUR *****20 RON 12/11 17/11 22/11 ARTHMS *****12 BON 12/11 13/11 13/11 17/11 22/11 PC TIM *****99 WB 14/11 15/11 14/11 20/11 24/11 IPCIARR 09N015 SAT 17/11 15/11 14/11
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      972 36 I Tib IPDZ LINES I 1/M Mm custom sanfa m: n-ni-ssM fax: 02-227-0110 I siMw«fcTOtx)osM>f«6rno» i ii iiiiii»*» GMUAT ***** 12/11 GUOO ***** #9/11 GMUM ***** 09/11 GKIM ***** M/ 11 —11 HIM MO 11/11 M ***** IS/11 OCi ***** 14/11 «HW6 *I*l3 14/11 GUAM 2127 15/11 —II «T "W
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  • Page 37 Miscellaneous
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      Lock icon Page 37 Miscellaneous Column 1
      115 37 K Thunderstorm Temperature'Cp/ Wind direction tnd speed in knots J™ Weather Cloudy Oay c><3 Hazy Sea Conditions Wind speed symbols PHI Slight. <1 2m O Pull cifde w/o line indicates calm or light and variable winds TtTmj 0 0 -i—One hail Heche repress 5 knot. HB Mode te 12m* 2
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