The Business Times, 22 November 2001

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Total Pages: 28
1 28 The Business Times
  • 11 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE THURSDAY, NOVEMBER 22, 2001
    11 words
  • 76 1 STI U4HJB 18.38) DIMM M3JI (+8.50) ST HDEX PCTCIES 1,***** (+15.00) SDISCIFUTOBEB 18L40 (+2.00) STOCK HAKKET INDICES Wednesday Change KLSECOMP 6SSJ1 +1JU NIKKEI 226 _10,«6L06 >86.46 HAlHi SENO *****92 -6L87 SET INDEX 29L21 +7J7 JAKARTA COMP -382.09 +QM MANILA COMP .1,0186 +819 TAIPEI WPI +77J7 SEOUL COMP 616.46
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  • 66 1 FOKEX KATES ust s$ USS(SSp«rUSS) L8N 2(USS/SS per£) 1.418 1608 EUBO(USS^SS/E). 0.881 1.620 DM 1221 1107 YEN 1114 17.10 BM 1800 1061 HKS 7.791 1240 BAHT 4418 2413 8UPIAH 10,46* 1684 PUKE SATES SINGAPORE* SJf KUALA LUMPUR 6.40 BONO KONG 516 JAKARTA .30.00 TAIPEI 8.?9 TOKYO l J7S SEOUL
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  • 592 1  -  But onion said to be unhappy with disadvantage for older staff By Siow Li Sen [SINGAPORE] United Overseas Bank (UOB) yesterday proposed a retrenchment package of a month's pay for each year of service, capped at 25 years, sources told BT. The package is more
    592 words
  • 605 1  -  Bnt island's attraction as a hnb is fading By l Chuang Peck Ming [SINGAPORE] The gloom pervading the Singapore economy has done little to dampen the spirits of British investors in terms of business prospects here. That is the good news
    Source: British Chamber of Commerce  -  605 words
  • 271 1 PEOPLE Daughter Grace Helen, born to third wife Wendi, is media baron's fifth child Reuters {NEW YORK] Media mogul Rupert Murdoch is a new father at age 70, following the birth of daughter Grace Helen on Monday evening, a spokesman said on Tuesday. The
    Reuters  -  271 words
  • 615 1  - Lively bidding drives Cat B E COEs past $30,000 Byi Christopher Tan [SINGAPORE] COE rates have soared to their highest levels in the latest open tender, with two key categories breaching the $30,000 mark last seen seven months back before the economy went into reverse gear. Exuberant bidding in the
    615 words
  • Page 1 Advertisements
    • 87 1 IMSIDE BizlT Kenneth James: Not easy taking a leaf out of Dell's notebook. Pg 20 Is Apple losing its bite? Pg 20 Top Storios New projects dent resilient prices of east coast homes. Pg 2 Malaysia's Tan Chong may lose Audi, VW franchises. Pg 2 CAI lays off its Asia
      87 words
    • 15 1 Koizumi concedes I need for further 1 fiscal stimulus 1 i Exec Suite Pg 16
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    • 126 1 Cases for non injury road accidents made simpler, Pg 9 B V LG A R I < I I \l I' <I I' \I i I I I I• V 1 I -A i V >W *s^::' hmm*' 4 4iP tj Wk m. I*"■ v > 7 •Jfci > V
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  • NEXT page
    • ON THE grapevine
      • 217 2 A WELL-KNOWN speaker started off his seminar by holding up a $20 bill. "Who would like this $20 bill?" he asked the room of2oo. Hands started going up. He then proceeded to crumple the bill. "Who still wants it?" Still the hands were up in the air. Well,
        217 words
      • 108 2 THE world's largest billboard, in south-west China, is set to be dismantled because of a somewhat fundamental flaw in its design no one can see it. The 300 m by 45m site, built more than three years ago next to the Yangtze River in Chongqing municipality,
        108 words
      • 39 2 With US rates down and consumer spending up, it's only a matter of time before the global economy starts recovering. Yes, the signs are there: 42% No, it's too early to tell: 54% I don't know: 4%
        39 words
    • 1005 2  -  Even quality developments along Meyer Road, have seen their prices tumble Byi Andrea Tan [SINGAPORE] Maybe it's the good food. Maybe it's the beach. Or it might just be that old world charm. Private homes in the east coast had seemed
      1,005 words
    • 373 2  -  Report quoting market sources cite family fend Froml Diana Oon Abdullah m Kuala Lumpur TAN Chong Consolidated Sdn Bhd could be at risk of losing its Audi and Volkswagen franchises, as a result of a continuing family feud. The Sun reported yesterday.
      373 words
    • 263 2 Reuters [HONG KONG] A growing number of major global investment banks are cutting staff in Asia and closing brokerages in weaker markets as the business slowdown slashes revenues. Industry observers said the operations worst hit appear to be in Japan, the Philippines and
      Reuters  -  263 words
  • Page 2 Advertisements
    • 76 2 DANIEL ROTH "Premier o Exclusive Daniel Roth module. JQIw 11 M SBP||| n '^^^BWE m J&L' irff ■W% ,-aßiffiMi TRjfc Safc, 4»<. **iA 2?^ jflp 'V. i^'. dPSBfr ■kr'*i**' fi JP" fVOANI^ MALAYSIA THE HOUI CLASS Lot ,0 Shopp.ng Q— Centre, Lot CI. Kuala Lumpur Tel 03-2144 1620 r J
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    • 9 2 Credit Agrioole Indosuez axes Asia research brokerage, Pg 3
      9 words

  • SINGAPORE companies
    • 354 3  -  Surprise move hits 350 staff across 12 countries, including 19 people in S'pore By] Ling Su Ann CREDIT Agricole Indosuez (CAI), the investment banking arm of France's biggest bank, yesterday laid off its entire research brokerage team in Asia ex-Japan. The surprise
      354 words
    • 446 3  -  Bat analysts dismiss possibility for KepLand Byi Andrea Tan NEWS that Fraser and Neave is taking its listed property arm Centrepoint private has renewed speculation that Keppel Corp could do likewise with Keppel Land, pushing up its share price for
      FILE PHOTO  -  446 words
    • 347 3  -  By. David Boey SHARES of mainboardlisted Internet investment holding firm, Internet Technology Group (ITG), shot up as much as 37.5 per cent yesterday following news that it would return some $25 million in cash to its shareholders. ITG's parent, Ossia International, also had
      Source: Bloomberg  -  347 words
    • 430 4  -  Survey also reveals lack of knowledge about products By\ Serena Ng UNIT trust penetration in Singapore could be as high as 14 per cent, way above the 4 to 6 per cent previously estimated by the financial industry. The latest figure came
      FILE PHOTO  -  430 words
    • 336 4 Reuters COMMERZBANK, Germany's third largest bank, has moved its Asia treasury trading hub to Singapore from Tokyo, bucking a recent trend where foreign banks have moved their G-7 currency trading out of the city state. Edward Voorhees, global head of sales and trading,
      Reuters  -  336 words
    • 710 4  -  lock siev^ eddie toh THINGS have been pioving fast ever since the government gained control of the sprawling Re-nong-United Engineers Malaysia group earlier this year. Malaysian businessman Halim Saad has finally bowed out of the group, while the government successfully privatised UEM in September
      710 words
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    • 440 4 Advertisement How companies cut costs in tough times Mew atrataglaa to deal with the aconomlc tlowdowa. What is required? Good, sound advice. And that's what Star Hub Business Solutions is all about. All companies that enlist our help will be assigned personal Star Hub Business Solutions Advisers. They will be
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    • 1062 4 tjX) <1 TIBS HOLDINGS LTD Wl I a is n 2 5j MERGER OF SMRT CORPORATION LTD AND TIBS HOLDINGS LTD C p t^^^l?lrV.S^N« m e t under section 2,0 F THE Court Sanction of the Scheme The Board of Directors of Tl BS Holdings Ltd (the Company"! is pleased
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    • 611 4 Ill) UNK PUMP HIM (S.EASIAJ PTC LTD (II) DAJ XIN PAPER TRADING PTE LTD (IH) BROADLEY OAU> ASSOCIATES PTE LTD (IN MEMOS' VOLUNTARY UOUOAHON) At th* mptclNt Eorootdinuiy Gonarol M»«*r>gt of Bw obownawd Compo-«, h*«d on 20* Ho'imbat 2001 at 2JO pan.. the totowiog moiukoni w*ra duly potaad SPECIAL RESOLUTION
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  • SINGAPORE markets
    • Article, Illustration
      283 6 OTHER SINGAPORE INDICES Now 21 VALUE CLOSE ■TOB/OS 462.00 +17.00 WOW -*****.00 +29.00 «T lt-fry IIA -*****.00 446.00 MHOfcdw 472.97 44.86 0C»C3t 468.65 +5.30 391.31 43.51 MMhiBid 118.94 -0.40 WlpiMfti 1224.30 421.20 t81pa—PV»p 384.15 41.97 WOIIww 180.72 42.04 SMQFibni 181.40 42.00 UrtFood HK25C 18,796,000 NOL 17,188,000 Fronttln® 5c *****.000 Datacraft
      283 words
    • 294 6  -  HOT STOCK/ WARRANT By' Ven Sreenivasan THE stock of computer monitor maker TPV Technology has been on a liquidity-driven rally since last week. It hit a record high of 50 cents yesterday before closing just off at 49
      294 words
    • 751 6  -  11 comment STOCKS r. sivanithy ARISE in the Nasdaq futures contract and a firm opening for Europe meant the Straits Times Index resumed its upward climb after a one-day break. Bank stocks led the way, apparently because of an MSCI index reweighting next week.
      751 words
    • 490 6  -  ■I 4 comment CURRENCIES*.. Euro hurt by poorer German business sentiment; Aussie dollar retreats to close lower larry wee AFTER drifting lower overnight, the US dollar recovered to its Tuesday levels against the Singapore dollar, euro and yen by the Asian
      Source: Reuters  -  490 words
    • 556 7  -  Slapped with eviction notice and writ, retailer appoints interim Jib By Kalpana Rashiwala ACTUS Furnishing has filed for interim judicial management and will shut its sole store at King's Centre early next week following an eviction notice from landlord City Developments, which is owed seven
      556 words
    • 148 7 MULTIMEDIA music distributor Vivamusic.com may be near the end of the road, despite Popular Holdings buying into the company early this year. Yesterday, Popular said Epilogue Catering Pte Ltd has filed a winding-up petition against Vivamusic, with the hearing scheduled for Dec 14. Epilogue said it
      148 words
    • 373 7  -  Firm wins HE productivity award, eyes growth in US and Europe By Serena Ng HONG KONG-BASED electronics contract manufacturer Surface Mount Technology Holdings (SMT) said yesterday it aims to hit the HK$l billion (*****.7 million) revenue mark for the fiscal year ending March 2002, as
      373 words
    • 158 7 Reuters [WELLINGTON] Brierley Investments Ltd is to shed the name of its corporate-raiding founder Sir Ron Brierley, who once sent shivers through the boardrooms of poorlyperforming companies. Brierley Investments, formed 40 years ago in New Zealand but now based in Singapore with Malaysian owners,
      Reuters  -  158 words
  • 3195 6 UNIT TRUSTS FUNDS Afeerdeaa tan M«t Ma LM Aberdeen Select Portfolio: American Opport Fd 0 756 0.794 Asian Fixed Income Fd 1.170 1206 Chine Opportunities Fd!" 0.900 0.945 Cont EuroEqty Fd!** 0.909 1.040 Global MNC Fd 0.673 0.708 Global Technology Fdl" 0.556 0.585 Indonesia Equity Fdl** 0 SM 0.614 Japan
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    • 43 7 ■3QGS PiiilniiiTiil FOOD/ENTERTAINMENT tfa The Straits Times Classified. f AT Classifications 5-36. Buy h. sen h. Find h. C II IN A II II AII I CfNl K A 1 In Singapore's most dynamic business environment. —'i j Pli nil i igi! mi
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  • EDITORIAL & opinion
    • 600 8  -  bottom line OPINION paul heng The writer is managing director /principal consultant of NeXT Career Consulting Pte Ltd JOB seekers have been encouraged to be flexible and accept offers that entail lower pay. At the same time, there has been some degree of success
      600 words
    • 110 8 "One of our biggest problems is the brain-drain, and we know many scientists have left the closed cities.' Alexander Pikajrev Russian defence analyst, on the marketability of the brain power of former nuclear scientists. 'Every economic measure you can look at has been going in the wrong
      110 words
    • 586 8 EDITORIAL PIVE years ago, US Federal Reserve chairman Alan Greenspan made his now-famous warning about Irrational exuberance" in the equity market possibly threatening the health of the US economy. After a brief pull back following his warning, Wall Street confounded sceptics by going from strength to strength, surviving
      586 words
    • 877 8  -  Economists worry about deflation as it can be very destructive at least in theory By Robert Samuelson The Washington Post Writers Group WHAT do computer chips, coffee, oil and airline fares all have in common? Their prices are falling. It is a
      The Washington Post Writers Group; AFP  -  877 words
    • 757 8 COMMENTARY Region fears weaker yen but rebound in Japan's economy will help Bloomberg [TOKYO] If there's anything the outside world knows for sure about Japan, it's that a strong yen is bad for the world's second-big-gest economy. A firm yen makes Japan's
      Bloomberg  -  757 words

  • SINGAPORE news
    • 338 9 THE Urban Redevelopment Authority will launch today an Internet-based system that aims to provide timely and comprehensive data on Singapore's property market. The new Real Estate Information System (Realis) database expected to level the playing field and increase transparency in the market is aimed at
      338 words
    • 258 9  -  3on the economy job ad By Eugene Low REFLECTING the bearish employment market, the volume of job advertisements in newspapers plunged 60 per cent year on year in October but this was not as bad as September's 62 per cent fall. Figures released
      Source: SPH  -  258 words
    • 435 9  -  Bat it is China that is the market to watch, says SG Sec By Eugene Low AMONG five Asian locations, Singapore and Taiwan offer the most conducive conditions for building a bio-technology industry, according to a study by SG Securities. The study rated China/Hong Kong,
      FILE PHOTO  -  435 words
    • 226 9 FROM January, litigation cases arising from non-injury road accidents will be simpler and less costly. The Subordinate Courts announced yesterday that a pre-action protocol has been introduced "to govern parties' conduct prior to the commencement of proceedings in court". The protocol requires parties
      226 words
    • 261 9 THE next time you're dying of thirst, let sex bomb Pamela Anderson quench your thirst with some imagination of course. Virgin Drinks, which has signed a franchise agreement with Yeo Hiap Seng, yesterday launched its fruit-flavoured drinks in Singapore and announced
      261 words
  • Page 9 Advertisements
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  • REGIONAL news
    • 340 10 OBRUUT Reuters, AFX [KUALA LUMPUR] Malaysia's king, Sultan Salahuddin Abdul Aziz Shah died yesterday after failing to recover from a heart operation. "With great sadness and grief, I announce that His Royal Highness Sultan Salahuddin Abdul Aziz Shah AlHaJ
      Reuters,; AFX; REUTERS FILE PHOTO  -  340 words
    • 490 10  -  It beats HKEx's product; plays down competition between the two From, Andrey Tan in Hong Kong LI Ka-shing's Cheung Kong Holdings yesterday launched its controversial electronic trading platform, iMarkets, ahead of Hong Kong Exchanges and Clearing (HKEx), but played down claims that it was
      490 words
    • 213 10 KUALA LUMPUR AFX TWO major shareholders battling for management control in Multi-purpose Holdings Bhd (MPHB) have turned to Prime Minister Mahathir Mohamad for help, the Asian Wall Street Journal reported. Quoting sources familiar with the corporate fight, the paper said MPHB executive
      AFX  -  213 words
    • 274 10 KUALA LUMPUR Reuters BARELY a month after being taken private by the state, Malaysian infrastructure firm United Engineers Malaysia Bhd (UEM) is back in the spotlight, grabbing investors' attention as it prepares to roll out an asset disposal programme to
      Reuters  -  274 words
    • 422 10  -  Prof Chan believes assets in region well guarded From Jennifer Lien in Silicon Valley SOUTH-EAST Asia is unlikely to become the next breeding ground for terrorists, given its sound economic fundamentals and the united front against terrorism, Singapore's ambassador to the US told a
      422 words
    • NOTE Book
      • 68 10 AFP [JAKARTA] InAiMtfa't mtntotry has called for the scrapping of 71 regulations issued by regional authorities amid concern about the effects of a new autonomy law, a report said yesterday. "Those regional regulations are deemed to impede the flow of goods, services and capital
        AFP  -  68 words
      • 74 10 AFP [JAKARTA] Former Indonesian president B J Habibie failed yesterday to answer a summons from prosecutors who are investigating what happened to more than 50 billion rupiah (SsB.B million) in Bulog state food agency funds during his tenure. His lawyer Yan Juanda Saputra said Dr
        AFP  -  74 words
      • 76 10 Bloomberg [BANGKOK] First Pacific Co ofHong Kong may 9ell its entire stake in Berli Juckerpk, the Thai trading company said. First Pacific owns about 80 per cent of Berli through various companies, according to James Miller-Stirling, head of research for Worldsec International Ltd
        Bloomberg  -  76 words
      • 76 10 Bloomberg [HONG KONG] Star Cruises Ltd said almost a third of its creditors agreed to waive conditions on the terms for a US$45O million loan, as Asia's dominant cruise line operator struggles to prevent the debt being called in. The request comes as a
        Bloomberg  -  76 words
      • 56 10 Bloomberg [TAIPEI] Foreign investors boosted their holdings of stocks trading on the Taiwan Stock Exchange to the largest proportion ever, the exchange said. Foreigners owned 21 per cent erf the total market value of the island's stock market, or NTgl.B9 trillion (5190J2 billion) worth of stock,
        Bloomberg  -  56 words
      • 77 10 AFP [TAIPEI] Nearly 4,200 Taiwanese factories were shut down in the 10 months to October from slowing domestic and overseas demand in the wake of the terror attacks on the US, the economic ministry said yesterday. "More businesses are likely to close their plants here
        AFP  -  77 words
    • 420 11  -  It wants to tap post-WTO market; candidates include Minshenfe Huaxia From< Audrey Tan in Hong Kong HONG Kong's Bank of East Asia (BEA) is in talks to take a stake in a mainland bank, and is one of the many foreign
      420 words
    • 139 11 Free subway ride far every ten trips, bus fare discounts AFP [HONG KONG] Hong Kong's transport companies are cutting Care prices in a bid to ease financial pressures on the public amid an economic slowdown, the firms said yesterday. Mass Transit Railway Corp (MTRC), Hong
      AFP  -  139 words
    • 102 11 [HONG KONG] Elderly protesters demonstrating outside the Legislative Council yesterday to demand an increase in subsidies for the elderly who are living below the poverty line. Recent studies by social workers showed almost 20 per cent ofHong Kong's 6.73 million citizens, or 1.25 million
      REUTERS  -  102 words
    • 381 11  -  It offers 48 baht a share bat some shareholders won't besetting From Harish Mehta, in Bangkok SIAM Pulp Paper yesterday made a four billion baht (*****.3 million) general offer for listed rival Phoenix Pulp Paper at 48 baht a share, with the
      381 words
    • 272 11 BANGKOK Bloomberg PTT, Thailand's largest oil company, said it raised 322 billion baht (Ssl.3 billion) in an initial share sale, bolstering Prime Minister Thaksin Shinawatra's plans to sell shares in state companies to help fill a budget shortfall. PTT sold 920
      Bloomberg  -  272 words
  • Article, Illustration
    1103 10 Transaction date: Nov 21 mTERBACT CROSS RATES E— nt Pi wo Wfafcmi y n» II m m n— m k8tna JO 4280 0305 im 045 4022 ***** Si.916 0.636 UK tw US) ***** ***** 0.949 5.051 QJ54 [7.704 Z2407 0264 OSK Canada 126 -5.1WO.7H 4665 1291 1005 ***** *****
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  • WORLD news
    • 394 12 Roche, BASF found to have leading roles in price-fixing BRUSSELS Reuters THE European Commission yesterday announced a record fine of 855 million euros (Ssl.4 billion) for eight distinct price-fixing cartels in vitamin products. The two largest fines were 462 million euros
      Reuters  -  394 words
    • WORLD Watch
      • 61 12 AFX [WASHINGTON] Initial claims for regular state unemployment benefits fell 15,000 to a seasonally adjusted 427,000 for the week ended Nov 17 from the previous week, the Labor Department said. The unexpected decline is the fourth consecutive weekly foil in Jobless claims and
        AFX  -  61 words
      • 76 12 AP [BRUSSELS] The European Union yesterday forecast growth in 2002 of only 13 per cent throughout the 12 nations. The forecast was well below an expansion of 3 per cent predicted only last spring. The EU, however, said it expected growth to pick up at
        AP  -  76 words
      • 68 12 Reuters [NEW YORK] The FBI is investigating whether hedge fluids invested or laundered money for Osama bin Laden's al Qaeda network or other terror groups, the Wall Street Journal reported in its online edition yesterday. The Journal yesterday quoted Treasury Secretary Paul O'Neill
        Reuters  -  68 words
      • 64 12 Bloomberg [THE HAGUE] Royal KPN, the biggest Dutch phone company, plans to raise five billion euros (518.2 billion) by selling new shares in an offering to current stockholders after reporting a third-quarter loss. Its net loss, excluding exceptional items, narrowed to 341
        Bloomberg  -  64 words
    • 376 12 BUENOS AIRES Growing fears over default make investors jittery AFP, Reuters JITTERY investors sent stock prices plunging here and caused the risk premium for bonds to soar to a new record on Tuesday amid growing fears the country may default on its debt
      AFP,; Reuters  -  376 words
    • 619 14  -  New data shows Japan in recession; BOJ sees danger of deflationary spiral From, Anthony Rowley in Tokyo JAPANESE Prime Minister Junichiro Koizumi yesterday conceded the need to apply fresh fiscal stimulus to the stalled economy, as new official data virtually confirmed that Japan
      619 words
    • 411 14  -  Bosh-Arroyo t*ik« focus on advancing mutual interests by fighting terrorism From Leon Hadar in Washington REFLECTING the US' strategy of expanding the military campaign against terrorism beyond the current war in Afghanistan, President George W Bush told visiting Philippine President Gloria Arroyo
      411 words
    • 231 14 WASHINGTON AFP MICROSOFT said on Tuesday it had agreed to settle private legal claims that it overcharged millions of people for software by donating more than US$l billion to the poorest US schools. "I am pleased to announce today that we have reached
      AFP  -  231 words
    • 390 15 It ditches plan to stay independent after similar move by Ericsson FT, AFX-Asia [MUNICH] Siemens, the German technology conglomerate, has abandoned attempts to remain an independent force in the industry for mobile phone handsets. It has confirmed it is in talks with
      FT,; AFX-Asia  -  390 words
  • 1607 12 BOOM ruTuaBS Nov 21 RMKt (Mm dntaf m SJOm) RSSICONTRACTttccntsA?) dose VMw Om m Law Sttt (tones) toterert OKOI 9125 50 Jai 02 *> M.25 F«8 02 95.25 "*02 96.25 RSS 3 CONTRACT (US CMts/kq) Mm OM Lo» Sett (to—et) hrtrert 0«01 49.75 900 Jm 02 49.75 49.75 50.00
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  • 4894 13 Transaction date:Nov2l for mere, go to wuwjcLsicumennuirketsMmi HONG KONG Vai m w- n» AcnasAaa Multimedia —050 unch 0 Alpha General .0.04 unch 9230 AmoyProp a. 10 undy 2533 AnandaWrngOn 007 unch *****0 Angara New Steel H 1.01 -0.01 6854 Arfiu Conch H 1.75 0.01 1394 Anhui Expressway H
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  • 2249 14 Transaction date: Nov 21 KUALA LUMPUR Vni Fraser8Neave 3 70 unch 0 mm room m- **7 2 FW Industrie 1.07 inch 112 AIM Realty 0*2 -0.02 11 5**""? "0® 20 Abric 1J8 -0.05 363 J*""™ 434 544 ACP Industrie 2.88 unch 8 GanadCop 1.13 -0.02 10 J0JS7 0.01 391
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    • 103 14 ?ft' Since 1975. our worldwide staff of over 275 multi-disciplined professionals |j& r V including lawyers chartered accountants. j k chartered secretaries and bankers have W A B provided confidential and cost effective JkMtkaJi company formation in all the major low t j #•'> gp 9 jWPRf tax areas including
      103 words
  • Page 14 Miscellaneous
    • 242 14 wiiriiC CROSSWORD ACROSS 2 raise the going price for J J2 j~ 3~ |4 |5 j |6 1 tf 9 incurred 3 p or was where farmers OH SB M| BB MB 8 Small church with single their P roduce < 2 M* M M 9 stagger out 4 arouna
      242 words

  • 2842 15 Transaction date: Nov 21 for live prices, log on to unvwjasicumemarketsxorn ■a*- -T-, a a.*t sr; wa-a 9 ABNAmroNLG 56c 9 s .s;sasssi?zzz:aj ii as ia g **«s? a" ;j «5 .«i 3 440 440 s ASF US 1c 10? US440 3.7 415 21 S Aberdeen 10p UK150
    2,842 words
  • 45 15 rn+imm £2 J* >*>* tm, nxm m mg* m. (<■> U» j*r »cvr »75>a WW 1t*Q BIO i Daanondi US9210 3830 s 5 DJ US T«ch USSS30 555 440 s fS MSO Sport US4S0 IJfflO *70 s BSAPSOO usiono ijiso mo s spow ususso ...I
    45 words
  • 996 15 sS w- A mS? vm g **3 X *SI "S5 zixxr* s 5 ss B s si :i s ,3 a 'iImmmT M 70 44 42 425 435 to K, il H *5 43 m a >9 3i 11 7S 11 «c M CAtTn HS B M S
    996 words
  • 255 15 a*■ j..--.irs. t if ■a AVJ»iyyimiA2i<A 813 80 84 40 14 12J 4.7 1JJ4 720 265 2.1 7.4 6 243G62 OMungKongSOcHK 17K 240 63 6.7 3 *****5 9 atyv-SolutmUHK. 45 43 2 7j6 4.4 44.6 1724 C«%rfl2000U5 75.5 |1.1 11 4* HI J 235 10 GaittnglntUS 19 i**ti
    255 words
  • Page 15 Advertisements
    • 122 15 1 Seeking 30-year CYC shirts.... I Do you how# a CYC shirt lhafs more lhan 30 years old? If so, we we'd like to invite you Id exchange 1 it for a brond new CYC shift —at absolutely no cosH Your old shirt will be preserved in our in-house 1
      122 words

  • EXECUTIVE suite
    • 700 16  -  Wit the block amdrea tak discovers that not all the bargain-basement-priced properties are necessarily located in the red-light districts ANDREA TAN On a snoestring budget yet looking for a private property? In fact, half a million dollars can buy you two such properties. At
      700 words
    • 622 16  -  Caveats lodged for freehold units fall 17% in Q3 over Q2 \By\ Kalpana Rashiwala DEMAND for 99-year leasehold private homes surpassed that for freehold homes in Q3 this year, for the first time since the residential property market bottomed out
      FILE PHOTO; Source: SSV ReaLink21,DTZ Research  -  622 words
    • Kuok grp offers Shanghai condos
  • Page 16 Advertisements
    • 107 16 f 3 i h •i: j A im j 1/ 1 |9 AotGhH^K gj |b»| HR j I The House of Mlleroy&Boch Slice 1748 Where style and taste become the norm, a little GEA the bathroom heaven lavish luxury makes a great difference. Since 8 Pandan Crescent (Otf West Coast
      107 words
    • 6 16 For Househunt, please go to http://buBlneBs-tlmeB.aslal.com.Bg
      6 words

  • Page 17 Advertisements
    • 64 17 4 0 East Gate /{DVANTEST, Cold Storage TKf frttk fond ptople P The best companies run Oracle for financials. www.oracle.com Copyright 2001 Oracle Corporation All nght reserved Oracle is a registered trademark, and Software Powers the Internet is a trademark or registered trademark of Oracle Corporation Other names may be
      64 words
  • BIZIT
    • 555 17  -  Revenue for the region rose by 13% in spite of price cuts, reports chua hui CHUA HUI MIN DELL Asia-Pacific said yesterday that both revenue and shipments in the region were up strongly, even as worldwide turnover for the third quarter fell 10 per
      FILE PHOTO  -  555 words
    • 345 17 Tax rules limiting Palm's ability to merge LAT-WP [LOS ANGELES] Despite speculation that sent shares of handheld computer makers Palm Inc and Handspring Inc soaring on Monday, a marriage of the two is unlikely, in part because of tax rules that limit Palm's ability to merge.
      LAT-WP  -  345 words
    • 668 17 Deal includes desktop PC, notebook, inlqet printer, scanner, digital camera and MP3 player Bloomberg [POWAY, California] Gateway Inc, a money-losing personal-computer maker, will start selling its products in a package that includes a desktop PC, a notebook, a digital camera
      Bloomberg  -  668 words
    • 732 18  -  liicomment INFOTECH And that cant be good news for Its rivals kenneth james The writer is BT's Technology Editor G, EE, it's almost self-congratulatory. Last month, Dell Computer Corp broke a little with its hugelysuccessful build-to-order model when it introduced a
      Source: Bloomberg  -  732 words
    • 579 18  -  Cool-looking products may not be enough to raise the company's visibility By Paul Chan IT is hard to ignore the products from Apple Computer Inc. The Apple PCs, notebooks, MP3 players and peripherals are modular, bold and even decorative in short, they
      579 words

  • Page 18 Advertisements
    • 405 18 Dell's AiU-Pm sales up inQ3,Pg 17 3SUN SMART TRADE-IN* I Save up to 559,252 when you trade in a system from any other brand for a more reliable, robust and secure Sun system. Recent attacks by the Code Red and Nimda worms have shut down companies for days, causing millions,
      405 words

  • SHIPPING TIMES
    • 270 19 Reuters THE Baltic Dry Index (BDD was unchanged at 857, the Baltic Panama* Index (BPQ lost three points to 822, the Baltic Handymax Index (BHD fell six points to 6,777 and the Baltic Capesize Index (BCD was up five points to 966. ♦Cape Jupiter (built 1997) 172,425 dwt
      Reuters  -  270 words
    • 247 19 CWT Distribution—0.53 "uncft 0 OWWMUV 0.34 -0.01 157 Cosco InvMtnwnt _0.23 0.01 4*2 'ram LHu o.c* uncft 120 St KoMtoQS 0.40 uncft 0 IWHeWnge-HK —5.60 uncft 0 JPypMMkS* 0.17 -0.01 240 KoppolCorp -2 99 -0.01 1264 Ktppoi FElS 1.54 Wit* 0 M—»*M«»H 0.21 -0M 153 MpprtTato U1 Men
      247 words
    • 490 19  -  Existing convention to be amended to include guidelines on how to handle stowaway cases By] Donald Urquhart [SINGAPORE] Concerned over the lack of international agreement on the escalating problem of stowaways and human smuggling, the International Maritime Organisation (IMO) has moved to include
      REUTERS FILE PHOTO  -  490 words
    • 300 19 AP [PERTH] Paint thinners emerged as the likely cause of an explosion on a cargo ship that killed at least four crew members and critically injured another. The explosion in the hold blasted a hole in the deck of the Hong Kong-reg-istered
      AP  -  300 words
    • 137 19 AFP [KUWAIT CITY] Kuwait's coast guard has seized a Malaysian oil tanker carrying 1,500 tons of Iraqi oU in violation of the UN embargo imposed on Baghdad for invading the emirate in 1990, a newspaper reported. Sources told Al-Anba that the Malaysian-flagged ship,
      AFP  -  137 words
    • 331 19  -  By 1 Beth Jinks [SINGAPORE] Expanded maritime security and the plight of refugees are the top priorities facing the International Maritime Organisation (IMO) during uncertain times, according to secretary-general William O'Neil. Describing shipping and maritime structures as "vulnerable" to terrorism, Mr O'Neil said he
      331 words
    • 193 19  -  By Beth Jinks [SINGAPORE] All 12 crew from the sunken Thailandregistered tanker Tasco Alpha have been rescued within the Singapore search and rescue region. Distress signals were received from the 1,272 gross tonne vessel on Saturday when the ship took water in its
      193 words
    • CRUISE LINE merger
      • 1022 20 US antitrust officials will take a close look at the USs7b merger of P&O Princess Cruises and Royal Caribbean Cruises, which will create the world's biggest cruise shipping company Reuters, Bloomberg [WASHINGTON] THE US$7 billion merger of P&O Princess Cruises and Royal Caribbean Cruises will get a
        Reuters,; Bloomberg; AP  -  1,022 words
      • 144 20 PACE Appenship 5 BSA 7 B'Unq Mas 6 CMACGM 3 COSCO 3 i Central Ei 6 CNwShpg S i Cougar 6 i CVTGIoMink 6 Mus 4 DiakUoyd 6 Dongnama 3 ECl 7 ECU Lint 5/7 Evergreen 6 FoongSun Fuhai Fi#trans Getnartrans Hangii Hyundai Heunf-A inter km una.
        144 words
    • 8883 25 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartiwr VkmI Voyaqa Talaphcna SIN Owt'n Nam* Nam* Numbar Sunt#' To ABIDJAN (ABJ) 2003 Cot* Dlvolrt 29/H 29/12 Mw HYUNDAI FORTUNE 305W (5-*****44 29/TI 04/01 CMACGM VILLE DE ANT ARES BXX 45-*****00 03/12 04/01 KwoHung ROYAL CONTAINER RC105S 45-*****33 03/12 H/W China Shpg
      8,883 words
    • AIR & LAND transport
      • 428 27 Tough for China aviation sector to post full-year profit after interim losses Reuters [SHANGHAI] Chinese airlines have suffered an estimated 1.09 billion yuan (***** million) in lost revenues and higher insurance costs since the hijack attacks in the United States, an analyst
        Reuters  -  428 words
      • 371 27  -  They feel he had overstated the carrier's problems Frorn] Harish Mehta in Bangkok THAI Airways chairman Virabongsa Ramangkura was exaggerating when he warned last week the national airline might collapse in three or four years unless the company was totally overhauled, analysts said. Mr
        371 words
      • 597 27 It will be able to increase capacity by 30m passengers Bloomberg [LONDON] BAA will be able to increase capacity at Europe's busiest airport by almost half after the No 1 airport operator won UK government approval to build a fifth terminal at London
        Bloomberg; AP  -  597 words
      • 315 27 Reuters [AUCKLAND] Auckland International Airport Ltd (ALA) said yesterday it had recorded an after tax profit of NZ$2l.B million in the first four months of the year, up 15.4 per cent on the same period a year earlier. Auckland Airport chairman
        Reuters  -  315 words
      • 271 27 Talks with onions oncost-cutting breakdown FT [LONDON] Lufthansa, the German airline, has ordered all divisions to draw up plans for lay-offs. The move comes after talks with unions on cutting costs broke down without agreement. The dismissals, which people close to the
        FT  -  271 words
      • 1676 27 an hi ra lun o> I U7W *30 1*73(2 2050 w w MM MM »—t»— S035 0655 6M74 000 OU7 645 HJ30 2300 mm am u>— aw MB yam 2255 K242M 2020 *****(5 2045 mm w was 2M» Mnh am mb ISfltapw H421 H00 HM2 0N9
        1,676 words
    • LOGISTICS page
      • 597 28  -  With China's entry into the World Trade Organisation, Shanghai is upgrading its infrastructure and services in preparation for an increase in trade, reports p tbaxgsbbui P T BANGSBERG SHANGHAI intends to establish itself as a logistics centre in the Asia-Pacific to capitalise
        AFP  -  597 words
      • 107 28 [SINGAPORE] Shanghai Customs' new Electronic Data Interchange (EDI) clearance system has significantly streamlined freight shipments, according to authorised forwarder U-Freight. Claiming a 100 per cent better than expected competitive advantage, U-Freight said its direct link to the EDI means clearance of its manifest and airway
        107 words
      • 383 28 [NEW YORK] Polar Air Cargo is now operating scheduled cargo service to Seoul from Hong Kong, having recently been granted the right to carry local traffic between the two points by the US Department of Transportation. The US-based, all-freight operator will use a New York-Chicago-Anchorage-Seoul-Hong
        383 words
  • Page 19 Advertisements
    • 34 19 P&O Princess, Royal Caribbean merger: Antitrust concerns raised Pg2 u r jgfi I— m*' LOGISTICS PAGE Shanghai's logistics plans get 10b yuan boost Back P.ii;c Sept 11 cost Chinese airlines I.lb yuan: report P«9
      34 words
    • 197 19 SHIP REPAIR CONVERSION Special Feature, sth December 2001 L ""'MISS BOAT fiJm 9 Ef^lMK Singapore's marine industry is being revolutionized with the introduction of the latest technology in shipbuilding. This will enable our shipyards to substantially slash costs and"*>» speed up turnaround to take on the world. «t <• Our
      197 words

  • Page 20 Advertisements
    • 516 20 1 NORTH AMERICA I GULF/INDIA SUB-CONTINENT I (SUPER SMJTTIE EXPRESS (SSX) u... -I-J-L. i 1 vor 1u» w wo CWPWI I I I I OOQ itHM 54W44 ItTu 5711 577T1 5? m OOaiKTNBUND 31W4S 14/11 01/11 04/1? *DUOTDCUMW Otf 14/11 15/11 17/11 a/11 I 00Q»«ttW 44W44 I 11/11 11/11 «T«VIMO
      516 words
    • 580 20 lines services represented by Members of #w Registry of Members of if* yNgmS Accredited Shipping Agenh, Singapore Shipping Association Association |g ULY UM MAU VISSa VOT ETA ETA FU R SPOB MAU Empress lily VO9Ol 27/11 28/11 05/12 Princess Lify VO9Ol 14/11 15/12 22/12 Empress lily VOlO2 04/01 05/01 12/01
      580 words

  • Page 21 Advertisements
    • 825 21 TO USA (SAX SERVICE) VtSSfl VOY SIN lift LAX OAK Ml HOU CHI C<X MEM All KYC AftKxm 1071 M/H 13/n 11/12 ii/i? n/12 u/12 10/12 u/» 20/12 20/12 API HOUANO 1041 05/12 20/12 24/12 25/12 25/12 25/12 24/12 25/12 27/12 27/12 APIENCiAMP 1041 12/12 27/12 01/01 01/01 01/01 01/01
      825 words
    • 1555 21 It IAIM T/f tlf MTI 1 nuns 1 T/T ilt MTI I Ti«n i T/iiiiiin J cosuTshIPPIMC'PTI LTD K?55f155i ,20C SS«o" /u 7743 **gSSJ AWtT p K,i fSTSST at MO: **********0 M TEL 224 1904 (MAIN) MWAIO (D 0) *****U 2M5311/M SSi SUSm 2255? T/SHIP DEPT *****75 rnuu/44 human otsusJS
      1,555 words
    • 356 21 rasa Ivoyl sw Ipkgl rasa voy sin jkt sm HWMOHgMfIB X/N 07/1? W/1? 11/11 11/11 iyt? ft |j M f nnciMia iib n/ii m/ii oi/ii m/ii 15/11 m/ii |%flj| ~'ft' p'~ HMMAMW 077» ?4/ii n/n 30/11 »/H <H/I1 PITtNOW6MN6 iusa/ll 17/11 IIM M/ 11 01/1? 17/1111/11 MCIOMM MM Wll 17/1?
      356 words

  • Page 22 Advertisements
    • 1519 22 Carrier MM COUTH LINES, MC P.ouo»« (o7)*«ra KZJW SOU: (064) *****9 MANILA: (632) *****24 *****67 SURABAYA: (31) *****11 P KELAMQ: (03) *****77 JKT (21)*****46 KUCHKQ (062) *****1-3 SHANGHAI 1 FELIXSTOWE MV "P&O NEDLLOYD STUYVESANT" V.06E45 MV "HANJIN KEELUNG" V.083W ETA SIN: 01-12-2001 ETA SIN: 30-11-2001 BRISBANE MUMBAI MV "OOCL EXPORTER"
      1,519 words
    • 354 22 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUNO TO: COLOMBO A NHAVA SHEVA (CFS MUUJND. HUMBM) ALSO ACCOTM6 TO ALL HM ANO HM CO FONTS mih Ivor stoh ju«m|cauaßo| ammm loam n« vs-mwi UWWIQWSS i»S« MOT SDK 7IK in wobhumi W aurauu mm 3ok iik mk mm mmmm uinio m rm ore it
      354 words

  • Page 23 Advertisements
    • 1348 23 IVfSSa VOY KHH HKO I «N I W I DX» I Ml I DMM MC IRAN KERMAN PCL-234 1»/11 19/11 24/11 25/11 02/12 03/12 05/12 07/12 IRAN ISFAHAN PCL-235 25/11 26/11 01/12 02/12 09/12 10/12 12/12 14/12 MAN HORMOZOAN PCL-234 02/12 03/12 OR/12 09/12 16/12 17/12 19/12 21/12 IRAN TIHRAN
      1,348 words
    • 318 23 i k UK CONTINENT SERVICE Loadrigtor DARYA TAAL F®M/ATW/BMNAJK/LPt OCEAN HOST RDM/ATW/BMNAJK/LPL Looda Srwuia, E7W. Mataya. Inrtnn—a MIDDLE-EAST SERVICE Loading tor MADfIE DBI. ABU/DOK BRN/DWM/KWT JILFAR JDH/DMT OKTEM AKSOY AQA/JDH/TRP UON GLORY DBI ABU/DOH BRN/DMM/KWT FAVORTTA JDH/AQA/DMT/TRP/T,AR ALIKRATOR JDH/AQA Ijoad» E/W. Mateyaa. Indonaaa USA SERVICE Loaiflngtor ULYSSES N CAA4/NFK/SAV/NOL OCEAN
      318 words
    • 759 23 vssa m m csi ytob m m jp nfiim am am »/n pmhn un m/h a/ii iLJJLiIiIIU —fr- gfe H~^PigF -SBII 51 u/» ii/ii ffiBSS my ~—Hfli JBSB Sfi! m m _yksb vot -IfflLl HSMZ 14/11 U/U ITnMM am M/ 11 H/11 IM" m ill iiii I«g a :m 1
      759 words

  • Page 24 Advertisements
    • 1194 24 iuwow/uk/scammnama export mg/vimg |w I rdn hk ew n» be wv umifoia-onx ayii iyi2 lyi? 141? 2 CONGO ONSNMB3 34/11 IVI2 IVI2 17/11 11/12 XH2 gupssßomonw <g/i2 an? 22/12 ait aaOBIKOMMKffi OH7 11/12 22/12 KM W\l 27/12 lAJT AND WIST MfOfTfMANIAM/iIACK MA EXPORT VESSa/VOYAGE J9F IRA GNA I POS KM
      1,194 words
    • 437 24 CWT GLOBEUNK PTE LTD MALAYSIA TEL:*****33 (24 LINES) FAX:225»742 M Fmiir Qud»ng (07) *****97 (t linn) IHDOMUA Port Kelsng (03) *****057 (5 lints) U-H-435U11 m D Pvnsng (04) ******0 Surabsya €2-31-*****44/7 **ngkok 66 2 29S 2429/32 DIRECT SAILING TO: CAST MEDITERRANEAN ALEXANDRIA/ASHDOD/LIMASSOL/PIREAUS/PORT SAID I WEST MEDITERRANEAN BARCELONA/GENOA/MARSEILLE PORTUGAL LISBON/LEIXOES CENTRAL
      437 words
    • 407 24 IMf IWTAN4 MAS SffIPTINC FTC LID KMK mi SmtSS?*'' I mUTULXi —I MUAWA vbss m m mi VB& mm m i LL« voi|w h-wi K/ll *'2?' WIU Itfat Vf\\ ■MB mm »*n ZVll (jitjjj 24-27/11 IV) 1 IM WITH J7WII 01/12 hM VOIM IMMI OVI2 I Urn VOI 201 04-05/12
      407 words

  • Page 25 Advertisements
    • 364 25 BSA 4 MYANMA FIVE STAR LINE (%NHr Notional Um) Loadiij for Yaagoi Vtssa VOY SM FU FIN FGU HFA-AN 2ttW SU HONG LA 4OT SU MALAYSIA AGENTS: OOUSTEAO SMPPMG AGCNCKS KUL TH 03-*****300 KL- TQ 03-*****101 FBI: TH 04-*****02 FGU: TH 07-*****21/4 BANK LINE (A S6rvk6 6l htdttm Wtir Sttppfcf)
      364 words
    • 430 25 Yissa I vor ml m_l sou I ham I tm f ami MPMTAKS m a/n nm urn n/12 n/12 jvi? 2™ NORASIA HAMBURG 148-04 05/12 04/12 25/12 24/12 27/12 ***** w7l? Ivilii 0 AQUARIES 1 SOW 12/12 I 13/12 30/12 01/01 03/01 07/D1 Q5/Q1 Acapnia :aigt 18 al UK inlond
      430 words
    • 673 25 vOtw WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HUVYUFT SERVICE" VRSE VOT IW HEIGHT SIN UC MAO WU SAV ML Off NYC XW MOt tt*o AMI 23 400T«m 6.3* 26/11 03/01 06/01 08/01 10/01 11/01 13/01 17/01 11/01 TOURCO4NG AH 124 4001 MS 6.3 M 11/12 11/01 22/01
      673 words


  • Page 27 Miscellaneous
    • 120 27 LEGEND: Issued byMeteorological Service Singapore R Thunder*orm Showers in Temperature wind direction and speed in knots Cloudy Day Weather W Hazy Wind speed symbols Conditions O Full circle w/o line indicates calm or light and variable winds I Sl, 9 ht K1 2m -«—-One half fleche represents 5 knots Moderate,
      120 words