The Business Times, 28 November 2001

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Microfilm: NL23287
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES MiTMrr^w®3B>s Internet: http://business-times.asial.com.sg/ SINGAPORE WEDNESDAY, NOVEMBER 28, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    77 1 SI! UttJt (+26.55) □mm WuN (+9.71) ST INDEX FUTUEES IpnM (+14.00) ansa potdies 183J0 (+1.00) STOCK MARKET INDICES Tuesday Change KLSECOMP nan -til NIKKEI 221 _1Q£4&89 -116.41 HANG SENG _Jtf6L64 -110.42 SET INDEX ***** +M0 JAKARTA COMP-39QJ6 -6.46 MANILA COMP .yi Ut >2115 taipei wpi asm -27» SEOUL
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  • Article
    Lock icon FINANCE
    64 1 FOtEl BATES us* s$ USS (SS per US$) L8M £{USS/SS per 1.412 tN2 El"BO(US$/SVE) .0882 L620 DM 2117 1206 YEW 124.4 ttJBO KM 18M 1970 HKS 7.7* 4148 BAHT 44.07 24.00 RUP1AH lUtt MM PUKE KATES SINGAPORE* U» KUALA LCMPUX 140 HONG KONG US JAKARTA MM TAIPEI 179 TOKYO
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  • Article
    Lock icon UOB, developer offer 5% financing with credit card
    549 1  -  Deal is offered for homes at SB Development's Mandate Heights Bu\ Siow Li Sen [SINGAPORE] There's a property developer in town that actually takes credit card for the downpayment on your home. And you won't even be billed for the interest United
    549 words
  • Article
    Lock icon Signs of pick-up in housing demand after post-Sept 11 lull
    767 1  -  By Kalpana Rashiwala [SINGAPORE] An uptick in demand for private homes in the mass and mid-market segments could be clearly discerned over the past few weeks, but the action is centred on well-located new launches which are attractively priced. Agents
    767 words
  • Article, Illustration
    Lock icon Cell phone market sees first M in subscriber base
    859 1  -  Decline attributed to move by operators to jettison inactive pre-paid customers Bk Teh Hooi Ling [SINGAPORE] The number of mobile phone users in Singapore shrank in October, the first contraction since the Infocomm Development Authority started keeping track in 1997. The
    Source:  -  859 words
  • Article
    Lock icon UOL sells entire Haw Par stake to Wee family
    588 1  -  Sale could set stage for non-core divestment by parent UOB By Quak Hiang Whai [SINGAPORE] In what could be a prelude to how UOB chairman Wee Cho Yaw will overhaul his banking and property empire to divest non-core assets, United Overseas
    588 words
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      78 1 DBBPB Top Storioi US consumer confidence hits 7-year low. Rg 2 'V" V FTA gives new momentum to S'pore-NZ trade. P92 Bank bonds downgraded on fear of rising NPLs. Pg 4 Shipping Thm* US warns int'l airlines to provide passenger lists. Shipping Times Pg 12 Rate of vehicle ownership transfers
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      19 1 UNIT TRUSTS Investment strategies for volatile markets Excc Monty. P<; 20 A one-man guide to China business 'Pago 10
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  • NEXT page
    • Article
      Lock icon US consumer confidence hits 7-yr low
      405 2 Nov index falls to from 85J3 in Oct; it's also the worst assessment of present conditions since Oct '94 Bloomberg [WASHINGTON] Consumer confidence in the US economy dropped in November to the lowest level in IVi years, as the eightmonth long recession prompted rising
      Bloomberg  -  405 words
    • ON THE grapevine
      • Article
        Lock icon It's just PR, Greenspan-style
        146 2 US investment advisory service Argus Research (www.argusresearch.com) asks an interesting question in its latest newsletter: Why did the US Federal Reserve opt for a 50 basis points interest rate cut earlier this month? "With the great amount of stimulus already in the pipeline, we believe this
        146 words
      • Article
        Lock icon Getting the message, loud and clear
        95 2 FINANCIAL services portal dollarDex.com recently revealed to BT some of the ways it manages its bottom line. Even when partner companies do not make their payments on time, they continue to have access to the dotcom's systems. And when traditional reminders for late payments
        95 words
      • Article
        Lock icon Not out of the woods yet
        54 2 BETTER-THAN-EXPECTED October trade data in Singapore has raised hopes that the economy is near the bottom. A BT Online poll got these responses: Yes, the rate of decline has slowed down: 31 No, leading indicators are still very weak at this stage: 63% I
        54 words
    • Article, Illustration
      Lock icon FTA gives new momentum to S'pore-NZ trade
      551 2  -  It has also sparked interest among businessmen of both nations to seek new opportunities By Chuang Peck Ming [SINGAPORE] In just one year, the Singapore-New Zealand free trade agreement has given a new momentum to future two-way trade and investment between the partners
      AFP  -  551 words
    • Article
      Lock icon IMF moots plan for national bankruptcies
      337 2 Reuters Bloomberg [WASHINGTON] The International Monetary Fund on Monday unveiled groundbreaking plans to develop an international system that will allow troubled countries to file for bankruptcy protection when J their debts become unsustainable. The proposal would offer countries the type of bankruptcy protection enjoyed
      Reuters; Bloomberg  -  337 words
    • Article
      Lock icon Deflation fears from China's WTO entry are misplaced
      406 2  -  Salomon rebuts A WSJ report, argning that lower-price China exports will boost competition By Chuang Peck Ming [SINGAPORE] Fears of deflation caused by a flood of exports from China following its entry into the World Trade Organization (WTO) have been confused with
      406 words
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      159 3 vb *> ■E» 1 Ml 9 m m iISV a 1 B w i ji Jflfe^r? \y 1 i ii^mfl^HyEpfll &L 1 IlliW s H<j jß^ZflM'' IHr |jJr\~: yff^y If s(* |I Jk I II FflDry iny jh I^K S fl^rVl'w Jwk. Jv v i df B jj Cortina Watch
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  • SINGAPORE companies
    • Article
      Lock icon Bank bonds downgraded on fear of rising NPLs
      437 4  -  ING Barings also cites doubts abont timing of Singapore economic recovery By Angela Tan ING Barings has downgraded Singapore bank bonds to a hold on Nov 23 from a buy previously on expectations of worsening economic fundamentals. But the bank maintains a
      437 words
    • Article
      Lock icon Winding-up is best for Vivamusic: Popular
      271 4  -  By Ling Su Ann LISTED Popular Holdings yesterday said it wanted Vivamusic.com to be wound up because the multimedia music distributor faces an uncertain future. "Unfortunately, the sudden economic downturn in Singapore has negatively affected both the click and mortar sides of Vivamusic's business,"
      271 words
    • Article, Illustration
      Lock icon Witness: Cornering an offence if it's intentional
      599 4  -  MD-COMTDTEIfT TRIAL He agrees cornering per se does not breach securities act By Serena Ng THE prosecution's expert witness at the Mid-Conti-nent trial yesterday said that "cornering", as market practitioners understand it, and the abnormal price movements it caused would be deemed to
      FILE PHOTO  -  599 words
    • Article
      Lock icon Guoco minorities no pushover
      697 4  -  tiOStiEEEEM quak hiang whai IT must have been one of the narrowest margins ever in a shareholders' vote. But the poll at the controversial HKSS.BB billion (Ssl.4 billion) share buyback by Quek Leng Chan's Guoco Group showed that the power of minorities in the region is
      697 words
    • COMPANY Briefs
      • Article
        Lock icon M1 has no plans for 3G funding yet
        89 5 Dow Jones Newswires MOBILEONE Asia Pte Ltd has no specific plans for financing its proposed rollout of third generation mobile phone services at present, a Mobile One spokesman said yesterday. Singapore's second largest mobile operator said it intends to spend $500 million
        Dow Jones Newswires  -  89 words
      • Article
        Lock icon SingTel cable unit eyes M'sia
        75 5 Dow Jones Newswires [SINGAPORE] Singapore Telecom's undersea cable network unit, C2C Pte Ltd, is looking to extend its 17,000-km cable network to Malaysia, Indonesia and Vietnam, a C2C spokesman said yesterday. The C2C spokesman didn't say how advanced its expansion discussions were nor how much
        Dow Jones Newswires  -  75 words
      • Article
        Lock icon CashLine a big hit, says DBS
        74 5 DBS Bank yesterday said it has surpassed industry standards by garnering more than 40,000 applications for its new Cash Line credit facility in the six weeks since its launch. It said statistics show that personal credit lines usually see a take-up rate of around
        74 words
      • Article
        Lock icon SingTel-IDA case posted for May 6
        92 5 Bloomberg [SINGAPORE] A 12-day court hearing will begin from May 6 involving Singapore Telecommunications in a $388 million lawsuit filed by the Infocomm Development Authority, court documents showed. The phone regulator took legal action four months ago, claiming it overpaid in a $1.5 billion
        Bloomberg  -  92 words
      • Article
        Lock icon MediaRing, Multi-Tech settle case
        93 5 SOFTWARE firm Mediaßing.com said yesterday that it has reached an out-of-court settlement with Multi-Tech Systems on legal proceedings last year over alleged infringement of its hardware platform. The proceedings against Mediaßing.com Inc was filed in February 2000 along with those against against Net2Phone, Vocal Tec Communications,
        93 words
    • Article
      Lock icon Fed Int'l eyes Indon expansion
      547 5  -  It plans to raise stake in PT Gnnannsa Utama Fabricators From Shoeb Kagda in Jakarta INDONESIA, with its current economic woes, is not considered a favoured investment destination for most Singapore-based companies, but Federal International looks at things differently: the country offers boundless opportunities. The
      547 words
    • Article
      Lock icon L&M Group gets offer to revamp $82m bank loan
      88 5 INDONESIAN-linked construction group LAM Group Investments announced yesterday that it has received a proposal from an unnamed investor to restructure the company's $82 million loan with Overseas Union Bank. The proposal aims to improve the financial position of the company and
      88 words
    • Article, Illustration
      Lock icon North 22 banks on China business to boost growth
      473 5  -  The firm hopes to repeat its 3-digit growth in 2nd half By David Boey NORTH 22 Technology Services Group, a Hong Kongbased computer services firm, has set its sights on posting three-digit percentage jumps for its top and bottom line figures
      473 words
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      161 4 mm* m JAL's DoublePluS Value Specially For Frequent Flyers M W 1 AkJ Lg 1 iHI Kj/ We've doubled up our frequent flyer rewards just for you. When you sign up as a JAL Mileage Bank (JMB) member no fee required or if you are already a JMB member, you
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      620 5 »We see the only funds .1 that protect your <j investment without tying you to a fixed maturity date. PRU Protected Global Titans Fund Sectoral and geographical diversification High liquidity with daily dealing (SS) fund included under CPFIS Ordinary Special Account Capital protection at all times Protect your capital at
      620 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      321 6 OTHER SINGAPORE INDICES Nov 27 VALUE CLOSE BT OB/OS 393.00 -14.00 ■TCAM -*****.00 -6.00 BT 10-4ayMA -*****.00 +39.00 DBS 50 Index 483.79 4-7.43 0CBC30 480.38 +7.78 AMGEvNH 398.72 +5.59 SC[|«MiiB»d 122.07 +0.06 SG Fin 1283.39 +23.30 SGEvMMPt»P 385.42 +3.63 MSaStagapora 184.65 +3.08 SMSa Fitarw 183.90 +1.00 Stocks Volume UniFood HK25c
      321 words
    • Article, Illustration
      Lock icon STI up, but wider market less robust
      850 6  -  ■KJLJL^^UIUaSUI STOCKS Five stocks account for 86% of Index's gain; dealers say It could be a case of hedge-fand momentum trading r. sivanithy IF the Straits Times Index yesterday gained 1.8 per cent but the broad market chalked up 139 falls versus 133
      850 words
    • Article, Illustration
      Lock icon US$ up as Tokyo minister's comments spark talk of weak yen
      450 6 AFP [TOKYO] The US dollar rose against the yen in Tokyo yesterday after Japanese Finance Minister Masajuro Shiokawa said the Bank of Japan (BOJ) may be looking for the greenback to rise above the 125-yen level, dealers said. The
      AFP  -  450 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2884 6 UNIT TRUSTS FUNDS MN Amro Asset Mgt (S'pore) Star Europe Eqty)* 082* Star Europe Bd 0.983/ Star Europe Bal 0.887/ Star Amp Tiger Eqty 0.728/ Star Asia Bond uw Star Asia Baianced 0J67/ Star Global Technology Fund 032* Star Bhv Finance Japan Fund!** 0.901/ AM Govctt (Aria) Ltd. Govett Asia
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  • SINGAPORE news
    • Article
      Lock icon SingTech firm terminates 10% of workforce
      315 7  -  HTUiMIIUHid Management at S'pore Aerospace Mfg also taking 5-10% pay cut Bb Tang Weng Fai SAM president Jeffrey Goh could not be reached for comment despite repeated attempts. The 10 per cent cut in the workforce is made up of 10 managers and executives,
      315 words
    • Article, Illustration
      Lock icon Receipts index for services up 0.6% in Q3
      426 7  -  By Vince Chong OVERALL business receipts index for services industries rose marginally by 0.6 per cent in the third quarter this year the smallest growth rate since Q2 1999 compared with the corresponding quarter in 2000. Excluding financial and insurance services, however,
      Source: DOS  -  426 words
    • Article
      Lock icon S'pore can be legal services hub: Jayakumar
      372 7  -  China potential market; working group to review legal sector By Ling Su Ann SINGAPORE is well-placed to be a legal services hub for the region, provided it can gear up to meet increased international competition, a top government official said. Speaking at the
      372 words
    • Article
      Lock icon US asset manager Pioneer is here
      313 7 BOSTON-BASED asset management house Pioneer Investments has set up shop in Singapore, bringing $5 billion in funds to manage from here. It is also eyeing the Singapore government as a potential customer. "We have started speaking with the GIC (Government of Singapore Investment Corp)
      313 words
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      Lock icon Page 7 Advertisements Column 1
      28 7 Have you received your new office wardrobe? If not, go to www.exactsoftware.com (Asia-Pacific) and find how you can start working from home Brart" aoftifvare Working together more efficientlyl
      28 words
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      Lock icon Page 7 Advertisements Column 2
      197 7 today's to get a perfectly 0> I As you know, a Virtual Private Network speeds your company's vital data across the globe on a shared infrastructure including the public Internet. So, to feel truly secure, get your VPN from the world's pre-eminent provider of Internet networks. That happens to be
      197 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon The global economy regroups
      670 8  -  B*ToTT«Tii¥niT3 OPINION paul samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LATWP TWO months after Sept ll's terrorist attacks, some economic uncertainties are being partially resolved Hie US is in an economic recession, begun in March 2001, exactly one year
      LATWP  -  670 words
    • Article
      Lock icon IN OTHER WORDS
      107 8 'Our children read about the slave trade a century ago, little knowing that it still exists today.' -Ttomaaßodstroem Swedish justice minister, on how poor Asian women become involved in the lucrative Western sex trade. 'Not many people know about the explosive character of waiting lines. It's a
      107 words
    • Article
      Lock icon The US recovery—and after
      608 8 The US recovery —and after EDITORIAL ITS now confirmed. The US economy is in recession, according to the private think-tank, the National Bureau of Economic Research (NBER), which is traditionally regarded the arbiter of such things. The questions that now arise are: how far away is the recovery, what kind
      608 words
    • Article, Illustration
      Lock icon Figuring the real cost of employee share options
      1042 8  -  Local companies may soon have to reveal the finanrfai impact of share options by way of pro forma profit figures disclosed in the notes By John Miller The writer is head of Singapore A New Market Development (Asean) at the Association of
      FILE PHOTO  -  1,042 words
    • Article
      Lock icon Moving beyond the dating game
      617 8  -  COMMENTARY By Caroline Baum The writer is a columnist for Bloomberg News. The views expressed are her own. Bloomberg ITS official. The longest expansion in US history ended in March, according to the official arbiter of business cycles. The National Bureau of Economic Research's (NBER)
      Bloomberg  -  617 words
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      104 8 FINTORET B.V. as Issuer P.T. KALBE FARMA TBK as Guarantor NOTICE OF PASSING OF EXTRAORDINARY RESOLUTION of the holders of the outstanding U5546,650,000 Guaranteed Floating Rate Notes issued by Fintoret B.V. and unconditionally and irrevocably guaranteed by P.T. Kalbe Farma Tbk. Notice is hereby given that the Extraordinary Resolution put
      104 words
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  • MAIL bag
    • Article
      Lock icon SingTel rebuttal less convincing than column
      454 9  -  Narayana Narayana Singapore I REFER to the letter "SingTel's 10-year bonds not overpriced" (Mailbag, Nov 23) by Ivan Tan. Mr Tan, Sing Tel director of corporate communications, was replying to points raised by BT's Hock Lock Siew column of Nov 21. In essence, he
      454 words
    • Article
      Lock icon Right to treat stock options as expenses
      132 9  -  Teo Chwee Hock Singapore I REFER to your article "Stock options should be treated as expenses, says survey" (BT, Nov 21). I fully support the view that stock options should be treated as expenses. Further to that, it would be better if a
      132 words
    • Article
      Lock icon Provide total expense ratio data for funds
      135 9  -  Leong Sze Hian Singapore I REFER to your article "CPF makes about-face over tracking of funds' performance" by Genevieve Cua (BT, Nov 26). In Europe, Fitzrovia independently calculates and publishes the total expense ratios (TER) for over 22,000 funds in over 30 countries.
      135 words
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      142 9 MOVADO ""^i »oA ">•••<• A.tt-ofl- d 0. «I. h. V.' I I PI Po»k *.<!>.' P,n ).t. p. PUira p. s.-,j,. 9 Vw»C S.WM (..t, M,. We welcome letters. E-mail us at bttetterQ3ph.com.9g or fax us at *****71, or write to: The Business Times, Times House, 390Khv Seng Road, Singapore
      142 words
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  • FOCUS Charoen Pokphand
    • Article, Illustration
      Lock icon A one-man guide to China business
      992 10  -  CP Group chief Dhanin, who has 'been there-done that' for over two decades, says the imperfect conditions of China offer opportunities Reports By Loh Hui Yin IF there is one foreign investor who is more than qualified to dispense gems of advice on the
      PHOTOS BY ARTHUR LEE  -  992 words
    • Article
      Lock icon Political friend, business foe
      591 10 THEY may square off in the telecoms business but are the best of friends in the political arena. That's how Dhanin Chearavanont, chairman of the Charoen Pokphand (CP) conglomerate, describes his relationship with Thai Prime Minister Thaksin Shinawatra, who won a historic majority in the January
      591 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon New team may head Technology Resources
      379 11  -  BTiamiun/j New management may help TBI restructure borrowings and retain control of Celcom From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Ramli may soon form a new management team at beleaguered Technology Resources Industries (TRI), which is still struggling to clear its debts of
      FILE PHOTO  -  379 words
    • Article
      Lock icon MMC set to clinch PTP majority stake in new deal
      446 11  -  Maersk may not be able to exercise its pre-emptive right From Eddie Toh in Kuala Lumpur MALAYSIA Mining Corporation (MMC) is expected to succeed in its second attempt to acquire a majority stake in Port of Tanjung Pelepas (PTP) in
      446 words
    • NOTE Book
      • Article
        Lock icon Huaren denies selling Nanyang stake
        113 11 The Star THE Huaren group, the investment arm of the Malaysian Chinese Association (MCA), has denied an AFX-Asia report that the MCA has signed an agreement to sell a 51 per cent stake in Nanyang Press Holdings Bhd (NPHB) to a nominee company of Tiong
        The Star  -  113 words
      • Article, Illustration
        Lock icon Mahathir to retain finance portfolio
        68 11 AFX iftuALA LUMrUR] Prime Minister M«h n »h<r Mohamad (above), who currently also hniifr the post of finance minster, will continue to be the finance minister for the time being. Deputy Minister in the Prime Minister's Department Adnan Mansor said. Bernama quoted Mr Adnan as
        AFX  -  68 words
      • Article
        Lock icon UEM to focus on four core areas
        62 11 AFX [KUALA LUMPUR] United Engineers Malaysia will focus its operations on four core areas—highway concessions, construction/engineering, pharmaceutical/medical services, and waste management. The Sun quoted sources as saying. According to them, this is the preliminary recommendation from JP Morgan as part of plans to
        AFX  -  62 words
      • Article
        Lock icon 10-mth deficit 30% of '01 target
        42 11 Reuters [JAKARTA] Indonesia posted a Budget deficit of 1&£ trillion rupiah (552.9 billion) in the first 10 months of 2001, already 30 per cent of a foil-year target of 513 trillion rupiah, an official said yesterday.—Reuters
        Reuters  -  42 words
      • Article
        Lock icon Thai Oct exports down 14%
        50 11 Bloomberg [BANGKOK] Thailand s exports foil in October at the fastest rate in more than five years as recessions In the US and Japan cut demand for Thai-made goods. Exports fell 14 per cent from a year earlier to US$6.4 billion, the commerce ministry said.—Bloomberg
        Bloomberg  -  50 words
      • Article
        Lock icon BondsInAsia kicks off live trading
        60 11 Reuters [HONG KONG] Online credit trading service BondslnAsia said it had kicked off live bond trading In major regional markets. Bond dealers can now execute live trades in Hong Kong dollar bonds, local currency bonds in Singapore and in regional dollar, euro and yen bonds
        Reuters  -  60 words
    • Article
      Lock icon M'sia relaxes finance curbs on homes
      268 11  -  Reduced market overhang prompts move applying to higher-end homes From', Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S central bank has eased some financing restrictions for development of residential properties, in response to the declining overhang in the sector. Bank Negara yesterday said it was
      268 words
    • Article
      Lock icon Sunway gets nod from creditors for debt revamp
      196 11 KUALA LUMPUR Reuters MALAYSIAN construction group Sunway Holdings said yesterday creditors have accepted its plan to reschedule repayment of a U5561.65 million eurobond issue. Sunway had called a meeting of its bondholders to ask for an extension of the maturity date of
      Reuters  -  196 words
    • Article
      Lock icon Manila bourse to name new president
      142 12 MANILA Bloomberg THE Philippine Stock Exchange (PSE) board will appoint one of two former finance secretaries today as its new president, chairman Felipe Yap said, confirming an earlier report by the Philippine Daily Inquirer. The board will choose either Jesus Estanislao, who served during
      Bloomberg  -  142 words
    • Article
      Lock icon Indon officials embezzling 40% of emergency fund: MP
      221 12 AFP [JAKARTA] A leading Indonesian legislator has accused local officials of embezzling up to 40 per cent of a US$6 billion central government fund intended for emergencies, reports said yesterday. The national Parliament is calling on state agencies to audit the disbursement
      AFP  -  221 words
    • Article
      Lock icon Ambitious Japan retirement village – in Bangkok
      415 12  - Ambitious Japan retirement village in Bangkok Bangkok Land's 100b baht project rouses market From Harish Mehta in Bangkok THAI property giant Bangkok Land yesterday unveiled a massive 100 billion baht (Ss4.l billion) plan to develop a luxurious village for Japanese retirees, sending waves of excitement through the market. The company
      415 words
    • Article
      Lock icon Chinese leaders set to push for continued fiscal stimulus path
      411 14 BEIJING Cltted-door meeting starts to set economic agenda for next year Reuters TOP Chinese leaders yesterday began closed-door meetings to set the country's economic agenda for next year and are expected to push for continued fiscal stimulus amid the global
      Reuters  -  411 words
    • Article
      Lock icon HK tightens rules on suspension of mutual funds
      274 14 Reuters [HONG KONGJ In the wake more than 10 per cent of a of the fallout in financial fund is invested in a market markets from the Septem- that has been closed, ber attacks on the US, Hong As markets around the
      Reuters  -  274 words
    • Article
      Lock icon HK's economy seen shrinking 2% in Q3
      448 14  -  From Audrey Tan in Hong Kong HONG Kong's economy is expected to have shrunk by about 2 per cent in the third quarter, in its first quarterly contraction since Ql 1999. Economists are expecting Q3 figures due to be released this Friday to
      448 words
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  • Article, Illustration
    Lock icon FINANCE
    1099 12 Transaction date:Nov 27 DITEBBAIfK CROSS RATES h w m6mm»mi m wm m umii d mm m it om* Hmt m mmhm an 022 urn un va ami mjk sua am ksn wn use xm zrm am hm ojm *****22.954 0.349 0021 SH?" 5J04 «-6« »-»0 40M ***** 45.171 a«
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      1936 12 to be amortised equaty over a period of five years commencing from the^^^^ /ItflUCO BANK I charged to •Operat^ExS^ am^n<o RS 50 53 CTOr BhBB 688,1 WHOLLY OWMCD BY THe GOVCRmiEHT of mou 10 Liability in respect of gratuity has been accounted lor onthebasM of demand of premium by UC
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      172 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MCROTEK ELECTROMCS (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the members of the abovenamed
      172 words
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      242 12 THE COMPAMES ACT, CAP. SO ASC EQUITY PTE LTD (M MEMBERS' VOLUNTARY UOUDATKM) At an Extraordrwy General Meettog of t» abovenamed Company held on toe 21s* day of November. 2001 the Wk*»tog Special ReeoMon wsa paaai*"THAT the Company be wound up vduntarfy pursuant to Section 290(1 Kb) of the Companies
      242 words
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      212 12 THE COMPANES ACT, CAP. 50 ARMEN TRADING PTE LTD (M MEMBERS'VOLUNTARY LK3UDATION) RNAL MEETMQ NOTICE B HEREBY OWEN THAT tha Rnal MMng of In Mambara ct ttw abovanamad Company wfl ba hafcl at 133 Caci Straat #15-02. Kacfc Sang Towar. Singapore *****6 on tha 28lh (My <4 Dacambar. 2001 at
      212 words
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  • Article
    Lock icon COMMODITIES
    1450 13 SICOM Nov27 fcSS1 CONTlACTtt c«it]AD Ctaw Mw Om U» Sttt ftn) iwtomt 8*01 I 91,50 50 J* #2 9250 N8« *150 Hv 82 94.50 8SS 3 C0*nuer <*«*/*) Mm Obm l owtt i— sit (tww) wwm *73 900 A* M 49.00 2450 4925 49.25 4950 BO 2890 fc,M 50,00
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      289 13 /®IO/Ioor sound.vision.sou/ oyp —jj S3 Pioneer DVD is now in your car. □□(M] kI MMi IBhpvbbi .11. L sov" 1 Nothing's as captivating as the 5.1 channel digital surround sound and superior picture quality. itMyVCOCC Ofcya r WUi IrvCM Dhcttyl Pionaar BmMmlm (Singapore) Pto Ltd Salaa t Marketing OMalon: 2»3
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      131 14 HRiiKflj T|p v K'f| MM 'i ftKIH And he's just the student. k||^fe '>'.■• •v> ■vs ;'-i-^- An unexpected answer, you say? Not if he is a student at NUS Business School. Our programs are designed to attract a talented and diverse group of experienced professionals |V| I |W for
      131 words
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      Lock icon Page 14 Advertisements Column 2
      653 14 3-LINK SYSTEMS PTE LTD (la CriiHin' Vnl—laij UqaHmOom) NOTICE OF FINAL MEETING OTICTia hanky chafhttpraanttoSaclton 301 ofteOnivm Act. Ch«* SO, i Rial General Meeting of Ike Creditor! ad Membtii at the above&amed company will be held at 4158 Jalan Beaar. Sinfapore *****6 on Friday the 2fth day of December 2001
      653 words
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      Lock icon Page 14 Advertisements Column 3
      295 14 FORM M(4) NOTICE OF i (1) DMDEND TO UNSECURED CRHJCTORB *KTH JUDGMENT P) DMOENO TO UNSECURED CREDITORS WITHOUT JUDGMENT Mum of Company: Griffin SecyTt»s Corporation (In UquKtobon) Addrau of RtgMnd Office: Office of He Ltquriator Amount per Cmluni: 20.01% (Uneecurad CmcMon with Judgment) 15.21% (Unsecured Creditors without Judgment) Plial ft
      295 words
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  • WORLD news
    • Article
      Lock icon March pinpoint adds credence to early recovery
      415 15 WASHINGTON Analysts say substantial contraction could be over LAT-WP THE declaration by the arbiter of the US economic performance that America's longest-running period of growth gave way last March to the first recession in a decade, somewhat paradoxically, may contribute to predictions of
      LAT-WP  -  415 words
    • Article
      Lock icon Nokia lowers 2001 industry handset sales forecast
      127 16 Bloomberg [ESPOO, Finland] Nokia Oyj, the biggest cellular phone maker, lowered its forecast for 2001 industry handset sales and said it does not expect a pick-up before the second quarter of next year. Shares fell as much as 6 per cent. Nokia cut
      Bloomberg  -  127 words
    • Article
      Lock icon Global economy may rebound faster: BOE
      354 16 LONDON Governor says strong policy response in US, UK, Europe helped Bloomberg BANK of England Governor Edward George yesterday said the global economy may recover from its slump faster than expected next year, thanks to interest rate cuts in the US, Britain and Europe.
      Bloomberg  -  354 words
    • Article
      Lock icon O'Neill gets his figures wrong again
      138 16 WASHINGTON Reuters US Treasury Secretary Paul O'NeUl's comment on a Sunday TV talk show that he'd seen figures showing last Friday's post-Thanksgiving sales were up 4 per cent from a year before had economists scratching their heads as they tried to figure out which
      Reuters  -  138 words
    • Article
      Lock icon Holiday shoppers please HP
      128 17 SAN FRANCISCO Reuters HEWLETT-PACKARD Co said on Monday that shoppers snapped up personal computers and electronics this Thanksgiving weekend, and consumer sales rose as much as 10 per cent or more from last year. Personal computer sales rose 10 per cent in dollar terms and more
      Reuters  -  128 words
    • Article
      Lock icon Thanksgiving online sales beat estimates
      416 17 NEW YORK It may be a bit too early to rejoice but holiday shopping is off to a solid start Dow Jones Newswires ONLINE retailers may have something to be grateful for in the wake of the Thanksgiving holiday weekend. Various measures of Internet shopping
      Dow Jones Newswires  -  416 words
  • Article
    Lock icon STOCKS ASIA
    5058 15 Transaction date: Nov2 7 for more, go to wwwxisiaorvenmarketsjcom HONG KONG Vel wa *t- ■bbb AcrcssAsia Multimedia 0.50 unch 0 Alpha Genera 0 04 inch ***** AmoyProp US -0.10 3658 Ananda WingOn .0.06 iricti ***** Angara New Steel H 1.02 -0.02 5692 Annoi Condi H 1.75 unch 1160
    5,058 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      324 15 1800 741 1883 recrpttS®sphcoa>.sg ln rtw MoMar of 11m Componies Ad, Cap. 5( and In tht MuNm of MIGEN SHIPPING PTI LTD Notice of Resolutions for M«mh«n' Vnj,inij-Lj '"•"HJWI TOfUnTOry Winding-Up (Punuont to Sodion 290) At the Extraordinary General Meeting of the m«mb«n ol MIGEN SHIPPING PTE LTD duly convened
      324 words
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      Lock icon Page 15 Advertisements Column 2
      334 15 In the Matter of iO The Companies Ad, Cap. 50 and In the Matter of BLACK CARRIERS PTE LTD Notice of Resolutions for Members Voiurrtary Winding-Up (Pursuant to Section 290) j| At the Extraordinary General >f Meeting of the members of D BLACK CARRIERS PTE LTD it duly convened and
      334 words
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      Lock icon Page 15 Advertisements Column 3
      337 15 In the Mutter of 0 The Componiet Ad, Cap 50 and In the Mutter of BLACK SEAWAY PTE LTD Notice of Resolutions for L Vi-I. lllVlllDVfl y 0'U»"0r y WindingUp (Pursuant to Section 290) ■I At the Extraordinary General Meeting of the members of BLACK SEAWAY PTE LTD duly convened
      337 words
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      Lock icon Page 15 Advertisements Column 4
      331 15 In the Matter of 0 The Companies Ad, Cap 5C and In the Matter of DEEP SEA (ASIA) PTE LTD Notice of Reeolutions for 1- W_». "wriow i otui nory Wmdmg-Up (Pursuant to Section 290) At the Extraordinary General Meeting of the members of DEEP SEA (ASIA) PTE LTD duly
      331 words
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      Lock icon Page 15 Advertisements Column 5
      341 15 In the Muttei of 0 The Componm Ad, Cop. SO and In Hw Mown af DEEP SEA MARITIME PTE LTD Notice of >«ioluliBi» for \fl, ~A l UVIIIUVII YCXonrory ,1 (Pursuont to s«dion 290) At the Extraordinary General Meeting of the members of ,t DEEP SEA MARITIME PTE LTD duly
      341 words
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      Lock icon Page 15 Advertisements Column 6
      339 15 In the Mailer of l The Companies Ad, Cap 50 and In the Matter of DEEP SEA SHIPPING PTE LTD Notice of Reealutions for ii-l nillllOVri voiurYfory Winding-Up (Pursuant to Section 290) At the Extraordinary General Meeting of the members of DEEP SEA SHIPPING PTE LTD duly convened, and held
      339 words
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      Lock icon Page 15 Advertisements Column 7
      333 15 In the Mi4tet of l| The Companies Ad, Cap 50 and In the Mallei of DEEP SEA TANKER CHARTERING PTE LTD Notice of Resolutions for w-l 'D#rj voiynfo' y Windmg-Up (Pursuant to Section 290) At the Extraordinary General Meeting of the members of DEEP SEA TANKER CHARTERING PTE LTD duly
      333 words
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      Lock icon Page 15 Advertisements Column 8
      328 15 In Ihe Matter of The Companies Ad, Cap 50 and In the Matter of DEEP SEA TANKERS PTE LTD Notice of Resolutions for Vo'unfo r y WindirvUp (Pursuant to Section 290) At the Extraordinary General Meeting of the members of DEEP SEA TANKERS PTE LTD duly convened and held at
      328 words
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      Lock icon Page 15 Advertisements Column 9
      334 15 In the Matter of 1 The Componiet Ad, Cap 50 and In the Matter of GREEN MARITIME PTE LTD Notice of Resolutions for VnL.oA... t t v oi jrwu y Winding-Up (Pursuant to Section 290) At the Extraordinary General Meeting of the members of GREEN MARITIME PTE LTD duly convened
      334 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 10
      324 15 In the Muttoi af The Companiet Ad, Cop. SO and In the Muttoi af PERSEVERANCE SHIPPING PTE LTD Notice of b«olu*»ocM lor Members' Voluntary Wirtding-Up (Pursuant to Sedion 290) Al the Extraordinary General Meeting of the members o' PERSEVERANCE SHIPPING PTE LTD duly convened ond hold at Chouuoe do La
      324 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 11
      329 15 In the Mottoi af I The Campaniet Ad, Cap. SO and In lite Matter af DEEP SEA NAVIGATION PTE LTD Notice of Rotofutiont for U n fOlUmwry Winding-Up (Purtuont to Section 290) Al the Extraordinary General Meeting of the members of DEEP SEA NAVIGATION PTE LTD duly convened and held
      329 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 12
      319 15 In the Matter af > The Companiet Ad. Cap. SO and In the Mc«loi of WHITE TANKERS PTE LTD Notice of Rotofutiont for Mnli i OfU* R Oty Wmding-Up (Purtuont to Sedion 290) At the Extroordinory General 1 Meeting of the member! of WHITE TANKERS PTE LTD duly convened and
      319 words
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  • Article
    Lock icon KLSE
    2540 16 Transaction date:Nov 27 KUALA LUMPUR VW mm *t- roao) ASM Realty 043 -0.05 35 Abnc 1.92 -0.04 335 ACP Industries 2SB 0.03 7 Advance Synergy .0.67 -0.02 382 Affin Holdings 026 -0.01 41 AhmadZakiRes 3.80 unch 8 AlCCorp .4.18 0.18 101 AikbeeRes J 15 -0.05 301 AlCNTettmotogy 4.02 -0.10
    2,540 words
  • Article
    Lock icon SGX
    791 16 Transaction date: Nov 27 W am O—»[ j*adaaa» 1 Oaaa Owy C*C OJQ 1700 *0.020 Matin ll 50c atl 0J55 -OjOIO CapitaLand 1.43 1-540 *0040 OOC OJO IV100 *0200 Chart SamiCond 1M 4240 *0-040 Out 044 5.7* Ct) 04* 50t 1 J* 4740 Parkway H2S< 0.44 OHO -0.030 Craaow
    791 words
  • Article
    Lock icon BONDS & WARRANTS
    688 16 BONDS WARRANTS I* ValCaav law *32 *mr- nwf«M» Ma %«nite| UW AST1VK>***** lt.5 0.5 20 1 16 -1 189 91 Acma ud W*****6 3 05 81 1 50 W 310 16 Amtek W*****0 28 mdi 25 1 33 15 1*9 43 Armstrong WD***** 53 1 10 82 155 30 AMfoodPV*S*****
    688 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      271 16 218 Queen Street, Singapore *****9 Tel: 332 2222 Fax: (65) 334 9633 Website: htto://webpro.com au/oxford/ StAiil "1212" LUNCH PROMOTION (From 12 noon 2.30pm doily) Come and try our value for money "1212" lunch promotion Dring at least one friend to enjoy the following specialprices and discount. Dishes Ist order 2nd
      271 words
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      Lock icon Page 16 Advertisements Column 2
      133 16 The taste of Kg Poulaner Brauhaus' light m and dark J&J draft beers is even jMtS smoother with Discovery Pub's new range of German snacks Bratwurst with Sauerkraut Roesti Potato Cheese Crocker j Sausage 1 Spicy Chicken iy> Sausage K| J Chicken Garlic Ew\ 9 Sausage Wemeli CALL 869-2299 Sausage
      133 words
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      Lock icon Page 16 Advertisements Column 3
      91 16 An endless lunch and dinner buffet with 68 outstanding Cantonese dishes, prepared by Hong Kong chefs. All diners will be served with a complimentary Braised Shark's Fin Soup with Brown Sauce and Braised Whole Baby Abalone with Tianjin Cabbage. Lunch: $28.80 (Adult). $17 (Child) Dinner: $30.80 (Adult). $19 (Child) Clara
      91 words
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      Lock icon Page 16 Advertisements Column 4
      54 16 Weekends and holidays ar« for hooding down to Coteman's for Tuoch wtwro our buftot spread of ovor 50 dfehot, •ncH«u flow of barioy, tea or coffoo awaits you. Mako your reservations at (66) 416 1132. Coleman's Weekend/FuMc HoMay Vnch MM 12 noon to 4.00pm. A<Ju»») CJlid $11. ana SCotwronSMa) ftigapoi*
      54 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 5
      53 16 Bp a 3pi^2J|^QH^P^^Dfe^jfl^H^B| BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed ham, US Prime Rib of Beef and many more mouth-watering radishes to leave you spoilt for < choice S Reservations: 831 6271/88 IA Mandarin QQ Singapore Hff I 333 Orchard Road, Singapore *****7. "SY.'iTS" Tel: 737
      53 words
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  • Article
    Lock icon SGX MAINBOARD
    4988 17 Transaction date:Nov 27 for live prices, log on to urum^xmaonemarketsM/m LM Vol Day last On** Grfftr M* GrVW Nat MCm> HM>| iw Mi W- rm M* u» »r Cw W $3 Mn 9 < ABNAmroMlG 56c 3 4 138 39.5 15 c ACE 0ynamcs20c 12 unch 20 12
    4,988 words
  • Article
    Lock icon SGX XTRANET
    45 17 M*"lL S U«Q—t cm, our flrYM MM MCa VMM 11H0 J210 s Dvamondi USS210 M90 38J0 i ISOJUST«di. U554C0 -70 0 5460 5420 S44C T 555 440 s 5MSOSpore US4S0 450 ***** W70 s ISSAP500 US 10»0 1H» W50 5KMS U*****0 11U0 II""
    45 words
  • Article
    Lock icon SGX SESDAQ
    1288 17 ***U« 2 *i. r2L mSF U Q r*'- J* «»C- Wte| iy I— r»t J i a M> pw> u» fc— m» Cm m la w3 J® H'iTiJS** *J W MS US IS 5 IS IT 45 2M M •5 tlcATOHSc 16 -05 190 1t.S 16 16 17
    1,288 words
  • Article
    Lock icon CLOB INTERNATIONAL
    362 17 U« Val Da* Last Qwu GrtHv Ot» firVM Nat MCaa U» fill Hals W- trn t— tf Mhf Or m fci no AVienrvngs A2Sc A 81.5 79 84 40 3.4 123 4.7 1714 720 265 21 74 6 *****.2 Cheung KongSOcHK 1700 240 6.3 6.7 3 *****5 61
    362 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      187 17 CRYPTIC CROSSWORD 28 Make a Killing with charge for this stationery? (9.5) 11 Sweet fruit burst open Irish sea, 13 Tilts, 15 Breaths, (6, 5) 17 Steamer, 19 Ensures, 21 InDOWN 14 Elderly relative lying down in tense, 22 Erred, 24 Isolated, 27 2 Developed idea, but over P 3
      187 words
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  • BT motoring
    • Article, Illustration
      Lock icon Car transfers' share of total ownership pool at 11-year low
      426 18  -  This supports traders' complaints of anaemic used car sales. Reports by CHRISTOPHER TAN CHRISTOPHER TAN THE rate of vehicle ownership transfers, an indicator of used-car sales, has fallen to its lowest in over a decade, official figures show. Calculations based
      FILE PHOTO  -  426 words
    • Article
      Lock icon Germany's Continental close to stake in Sime's tyre business
      353 18  -  ■naiuiiunu By Christopher Tan GERMAN tyre group Continental AG aims to restart production in Asia soon, a move likely to be spearheaded by a purchase of operations in Malaysia. According to well-placed sources, Continental is close to acquiring a majority stake
      353 words
    • Article
      Lock icon S'pore car population could shrink
      223 18 SINGAPORE'S car population could show a shrinkage at end-2001. This has occurred only twice in the last 20 years. As at October, there were 400,144 cars on the road, according to Land Transport Authority (LTA) figures. This is 0.7 per cent down from 403,040 units
      223 words
    • BUMPER to BUMPER
      • Article
        Lock icon Bullet-proof BMW for Kofi Annan
        71 18 UN Secretary-General Kafl Annan received the keys to a new, bullet-proof car on Monday, reported AP. The armoured black BMW 7501 L was offered to Mr Annan to replace a bullet-proof Volvo that he has uaed for several years, UN spokesman Fred Eckhard said. Helmut
        71 words
      • Article
        Lock icon France's resale ban on pre-'97 cars
        126 18 FRANCE is to ban from January sales of cars and farm vehicles that are over five years old because certain parts may contain asbestos, AFP quoted daily newspaper Ouest France as having reported. The information stunned the auto industry, which has said it will
        126 words
      • Article, Illustration
        Lock icon VW goes 'sporty'and'classic'
        118 18 VOLKSWAGEN Group will divide its products into two main groups—sporty and classic. Under chief executive-designate Bernd Ptschetsrider, one grocg> will house Skoda, Bugatti and Bentley, while Audi will head a more sporty group which will also include Seat and Lamborghini. Martin Winterkorn, group board member responsible for
        118 words
      • Article
        Lock icon Porsche voted for transparency
        114 18 PORSCHE AG has been honoured for the quality of its financial communications. London's Investor Relations Magazine, in association with The Wall Street Journal Europe,hasdiwardedthe Stuttgart-based company the top distinction for "Best Communication of Shareholder Value by a Non-Euro 100 Company". The award was presented on die
        114 words
      • Article
        Lock icon Complaints getting fewer
        113 18 THE quality gurus say cars are getting better every year, but the people who actually own and drive them still have complaints—an average of almost four problems per vehicle after four to five years, AP quoted researchers J D Power as having stated. But even though the
        113 words
      • Article
        Lock icon Laguna II retains safety rating
        73 18  -  Compiled by Christopher Tan RENAULT'S Laguna n has retained its maximum five-star safety rating in tests conducted by Euro NCAP (new car assessment programme). And the Megane remains the safest car in its class despite the arrival of newer competitors. The Laguna beat rivals such
        73 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      24 18 izr<z. "TIT, 5 TtafcrtCharw MMata Martra Tiiiqllii 1 Jam Point, Porum Hw Shopping MM, Wtll DM, Monot HaNywooS^ > N"nJC OMrntown^Mt' CHUMEs" f l^CWßtßrinT www.Blnampormmutommlon.oom
      24 words
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  • PERSONAL investment
    • Article, Illustration
      Lock icon Sellers out in force due to profit taking
      1130 19  -  inside rrrrn 73 But buying seen in Dat&pulse, Acma, Hong Leong Sing Finance, Hwa Hong By Robert Halili The writer is managing director of Asia Insider Ltd. He is assisted by Ngia Soon Chai in Singapore HEAVY sales by directors and substantial
      Source: Asia Insider  -  1,130 words
    • Article
      Lock icon Prepare for reversal of fortune
      427 19  -  MAlLf^ffl Narayana Narayana Singapore I REFER to your article "Lump sum vs drip feed" by Genevieve Cua (BT, Nov 14), and the letters "Be afraid of losses" by Sasi Komanthakkal and "And now, value averaging" by Leong Sze Hian (Mailbag, Nov 21). In my early
      427 words
    • Article, Illustration
      Lock icon It's a bear zone out there
      795 19  -  Defensive is the only way to play now, says kbmiibth l wm""i KENNETH L FISHER Kenneth Fisher is a money manager at Woodside, California. Copyright2ool Forbes Global Inc THE year-end presents a great time to assess the overall market and where we are headed
      AFP PHOTO  -  795 words
  • Page 19 Advertisements
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Going down
      1047 20  -  When the chips are down and losses piling up, do you know when to stop and get out of the game? GENEVIEVE CUA finds out what staying power really means GENEVIEVE CUA HOW MUCH loss can you stomach? Should you dollar cost average or make a lump sum
      Source: Common Sense on Mutual Funds, John Bogle  -  1,047 words
    • Article
      Lock icon Allocation is everything
      776 20  -  COVER STORY By Genevieve Cua "Then you need cost-effec-tive vehicles to execute the strategy. This is where index funds and ETFs (exchange traded funds) come in," says Mr Tan. He adds: "If you have an expense ratio of 2-3 per cent, the chances of good, consistent returns
      776 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      214 20 Never the of small European companies. 'U<i-•!*■■*A' w V P^^----' SS6 'IP' JPFP AIG INTERNATIONAL FUNDS EUROPE SMALL COMPANIES EQUITY FUND The Fund feeds directly into the 5-star Mieropal-rated* AIG Europe Small Companies Fund pic. The AIG International Funds Europe Small Companies Equity Fund is included in the CPF-OA Investment
      214 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      308 21 Reuters THE Baltic Dry Index (BDI) rose three points to 8641, the Baltic Panamax Index (BPD gained 11 points to 856, the Baltic Handymax Index fell three points to 6,7276 and the Baltic Capesize Index (BCI) was down two points to 966. ♦Tianahunhal 2000 172,000 dwt dely China
      Reuters  -  308 words
    • Article
      Lock icon MARITIME STOCKS
      204 21 ■wZT W cwrpMUMtoi —asi -0.02 10 ClMNnHup 036 aw MM Coko iwilliwrl -.0-23 -O0J 2090 Fr«4nM unk» 0.06 jncft 23 MtMMp 0.42 &0I 20 IMC lloMngt I IK 5.6C MM 0 in ni—ip ate o.o! 842 522£?3 112 HE 423 S K#904* FCLS<»mmU4 Bxh 0 Up»«ltaf*M 0-21 -0.01
      204 words
    • Article
      Lock icon IMO to develop new US$1b oil spill fund
      473 21  -  Third-tier compensation will be made available in event of major pollution incident By Donald Urquhart [SINGAPORE] The International Maritime Organiaation (IMO) is set to move ahead in developing a US$l billion new "third-tier" for international oil pollution compensation. The current session of
      473 words
    • Article
      Lock icon Asian shipping alliance in slot swap accords on several routes
      430 21  -  By Donald Urquhart [SINGAPORE] A recently planned Asian box carrier alliance has made its first tangible bid at closer cooperation by announcing several slot exchange agreements. The alliance talks unveiled earlier this month by China's Cosco, Japanese carrier Kawasaki Kisen
      430 words
    • Article, Illustration
      Lock icon Marshals to search ships off California for terrorists
      301 21 AP [LOS ANGELES] The US Coast Guard on Monday showed off its new port security programme, w|feh has been training reserEsts. to board cruise ships and commercial vessels off the coast of California in search of terrorists. The programme has been gradually
      AP  -  301 words
    • Article
      Lock icon Star Cruises pulling out of Taiwan market
      248 21  -  By Donald Urquhart [SINGAPORE] Citing a deteriorating business climate, Star Cruises has announced it is pulling out of Taiwan hot on the heels of its retreat from Japan. In a statment released late Monday, Star said the decision to withdraw the 960-passenger SuperStar
      248 words
    • Article, Illustration
      Lock icon When IMO states do not implement conventions they have adopted
      802 22  -  STRAIT TALE By Seafarer IT is good news that the Maritime and Port Authority of Singapore (MPA) has been re-elected to the International Maritime Organisation's (IMO) Council once again. The election to the Council of the specialist UN agency invariably
      FILE PHOTO  -  802 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      215 22 PACE AtoakM 10 Awm*» S Aw* 10 rtMjItes i KA 6 BSC 9 m to Map 4 BituMo 9 CHACCM 3 COSCO 3 Cwtrtf Ex 6 Chjfwyi 10 CMmSDN S Confer 10 Cougar 6 CVTOeMM tames 4 tyakUoyt 6 Dongnmu 3 EP Carriers 10 ta 4 EngLee
      215 words
    • Article
      Lock icon SHIPPING GUIDE
      14787 27 THEBUSINESSTIMES WEDNESDAY, NOVEMBER 28, 2001 EXPORT P age 7 ETA ETA AdvcrttMr V»«»l Voyaga Tatapfton* SIN Dast'n Jm Nam* Numtw Numtwr lb ABIDJAN (ABJ) 2003 Cot* 0'I voir* 05/12 30/12 Dal mas DELMAS FORBIN 204W 45-*****44 OS/12 12/01 C0SC0 HOPE 0037W 65-*****00 07/12 29/12 MOL MOL MONO 1004A
      14,787 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        677 31 Ve$s«< Voy No Bam AjTtvd Ocpartur* JrafNrt J05 24/0/23:45 28/0/2:00 C Progrtu 2T/H J» 27/0/755 27/fl/lfcOO ■t Dmc*U2 JW)I JOI ZM/KX 27/0/20*0 ••3 m M03 jo nm/9M rrnwtx to* »006 J03 27/0/7:55 27/fl/2t00 ■totar 8 122S01 J03 27/n/MO 27/0/22*0 om n* J25 n/ww5 vnvzsjo MfeikirO ttOOi JI7 ntoftM
        677 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1810 31 «C£lVBt€ Of EXPOtT FCi CONTAINERS AND LCI CAROO BooMuq/Mmc* Rstts Ship VoyNo Etb/Btr Nrtod Fro* To Frow *a urrui osn 27/21 jo 24/800 24/890 24/1000 a zvrrx nmm rtv*x a 7VTOC o»m woe i own ag> n/ww «a 4hs n/ug 24/800 nmm tt/mo a zt/tno r mm r
        1,810 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        137 31 NonabwM Philippines: Bonifacio's Day Pinal» I Finland: Independence Day DwmkarS Argentina: Immaculate Conception Italy: Immaculate Conception nmiMfcM M Brunei: Hari Ray a Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Diriifcir 17 Malaysia: Hari Raya Puasa Dana—kac 23 Japan: Emperor's Birthday Pinwißi aa US Kingdom: Christmas Day
        137 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        773 31 THIS report compiled by Cockett Marine Oil Ltd. show* price ranges In US dollar* Instead of tingle price* for a more comprehensive description at the market Prices shown are based on averagesised stem. Market movements are Indicated. The Cockett Bunker Price in<u» change and the Individual
        773 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        397 31 C«tM HO MM 9633 02 13.7 0.05 41 0.03 H»» 22 DNrtf Mar IhHn AiMImMm SHM Ho abow E25 0 0 0 0 0 0 380 Am 967J 0J VU 0.06 31 0.02 ton 380 Ma 990.8 0J K.7 0.06 it 0.04 WW* »M/M mi rnmt
        397 words
    • AIR & LAND transport
      • Article
        Lock icon US warns int'l airlines to provide passenger lists
        433 32 Carriers which do not comply with new l&wf&ce heightened checks AP [WASHINGTON] International airlines that don't turn over advance lists of passengers soon to be screened for possible terrorists will face much more intensive inspections, Customs Commissioner Robert Bonner warned. Many international
        AP  -  433 words
      • Article
        Lock icon Air NZ rescue deal finalised
        374 32  -  SlA's share of carrier to fall to 4% from 26% By Beth Jinks [SINGAPORE] The New Zealand government yesterday finalised its Air New Zealand rescue package, which will make the carrier 82 per cent state owned. The package—and price—will see Singapore Airline's (SLA) 25 per
        374 words
      • Article
        Lock icon Ryanair offers free tickets
        163 32 Reuters [DUBLIN] Irish no-frills carrier Ryanair said yesterday it would give away 300,000 seats with passengers having to pay only the applicable taxes for flights in early December and in January. Ryanair, which has previously offered fares as low as £1 (552.65), said 200,000 free seats
        Reuters  -  163 words
      • Article, Illustration
        Lock icon Crossair crash: jet trying to land without altitude aids
        394 32 Bloomberg [ZURICH] The Crossair jet that crashed near Zurich on Saturday, killing 24 people, was preparing to use the only runway at the airport without precision landing aids, officials said. Pilots using the runway control the altitude themselves, unable to rely
        Bloomberg; AP  -  394 words
      • Article
        Lock icon Jets to be turned into discos?
        264 32 SALB OF AJTSBTT Music company wants to modify 4 planes into flying nightclubs AP [CANBERRA] One of the world's biggest dance music companies claimed yesterday it had made a bid to turn jets from collapsed Australian carrier, An sett, into airborne night clubs. The
        AP  -  264 words
      • Article, Illustration
        Lock icon Aussie govt rejects financial aid, change of laws to help Ansett
        424 32 Reuters [CANBERRA] Australian Transport Minister John Anderson said yesterday the Cabinet had rejected changing competition rules to protect Ansett or booking block tickets with the carrier, saying the government had done all it could to help. "I'm pleased that
        Reuters; AFP  -  424 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1531 32 cm FutwT n* amn no ITUW I7UM «TUW twr maw n* fubit no mmm lmtti mo MM_M| >■»<■ 5023 0625 KLOO 2)00 6**75 WO 5036 2J45 mw nm llHimwl I WOO QMS I rWlll N242M 2020 *2*285 2045 S02M 2020 S0205 IQg >Mwh wo OTB M>W>
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      332 21 Joseph Ludwicxak from Stott Nielsen will be general secretary of the Überian Shipowners' Council from 2002 when Richard Deely steps down after 15 years in the council Council chairman Mark Martecchini will be replaced by Christopher Zukowskl. who is vice-president and general manager of Stolt Nielsen's Atlantic Ocean fleet >
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      112 21 —1 nit m m I g Bttck Past CHANGE OF AGENCY Setramar Navigazione S.P.A Ravenna is pleased to inform the trade that they have appointed Messrs Collyer Shipping Pte Ltd Singapore as their official general agent covering Singapore, Malaysia, Indonesia, Thailand, Myanmar and Vietnam. The effective date will be Ist
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      659 22 888 Iwssa Ivor 1 lemsml ~—IBBBn OOaMMM SSM 17/11 I Wll I Ml l«/ 12 N/12 10/12 IVU 0/11 (fi rjju 1 I IJ™ OOQNETHBUNO! 33E49 M/ 12 I OVI2 I 21/12 2V12 */12 H/l? 21/12 20/12 !H gL. «I ST» m. m 00Q.MUM 4780 11/12 I 12/12 I 21/12
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      479 22 lirm Mrvion represented by I ■eOlsi #M«nb«nof*» kW&JS Accredtod Shaping Agvtfs, Singapore logistics Singapore Shipping AMo6a>ion g ULTUM- NUUI I vtn m n m m 1 p. uans srotf Mil PrinossUy VO9Ol 14/11 15/12 22/12 Empress Uy VOlO2 04/01 05/01 12/01 i Princau lily VOlO2 22/01 23/01 30/01 I SLtSSnmS
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      859 23 TO EUROPE FROM EUROPE Iwaa Ivor aw nm m mm m sou w flvtssa wn tm mmm wv son m m~ mmun* i«wr 20/11 22/1210/12 20/1217/12 arks 10* n/iiw/11 w/11 04/11 jo/u ■OHfIBHTY mm SI/11 14/12 If/12 21/12 22/12 HYUOM COMUOOB 3521 W/11 13/11 11/11 31/11 immMIMII 352W 02/1? 20/12
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      1359 23 li IMM T/TiISMYS T/ftisam I nam > T/Ti«iiw J I wsuTsmlpSSS 1 pie LTD SBSfflM ,MI M* "gfgss* nLmM IM-0 /01 jss as®: sua «gs I cowvnmomi 42ts*i/»s« nmn/n i Si! 155., M 041 M W M w a n« «LW riiaMmw»o«»«[» Ml* s* w rarSJiS, 2£ !KS iVn wnwitv/n-
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      223 23 Vesa im wr ■L.L -5 MF «lj wbk nts tt/i? Hrtil im kni|H/ii ii/ii ivii ivii u/11 -fffi Mrg—a ims LflilsT/ii w/it ii/h im iyii jimr mnridrTT— mww> Kg [p/itl n/n| wit MtllUM Ints |h/h| tnil iyii win/ii jRWg Wfi\M\ Mlm\JMI MftH Imobwi P-| IK If/nl IVOI Wtt I I
      223 words
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      1180 24 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IWBa ttw I»|CT I m br ab w ivßsa Ivor I sou ILW nn I ant nam |bv mimam iosw n/11 11/1? is/1? 11/11 11/11 miarah in »/m «s/ii iiTii :~w7Ti" H/H" ma. mm son 21/11 14/11 is/1? »/u 11/ti nymbal ns m/ii h/m ii/ii
      1,180 words
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      609 24 Carrier: MN CONTR LNES, IMC r mmnnn (irn in m \~Jxy VzJcWWOiieooeTewooE 80U: (004)*****0 MAMLA: (632)*****24 PSNANG:(O4) *****0 BANGKOK: <«82)23MK7 aURAB«*&7S£I KELANQ; (88) *****77 JICE (71) *****4S KUCHMQ (002) *****1 -3 SHANGHAI T FELIXSTOWE MV "OOCL FRANCE" V.04C46 "UOHS GATE BRIDGE" VJI4BW ETA SIN: 08-12-2001 ETA SIN: 01-12-2001 FREMANTIE/MELBOURNE CHITTACONG
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      457 24 WEEKLY EXPRESS SAftJNG SCHEDULE *BTOUNDTOCOUMMO 4 IOMVA &€WA (CFt MULUM), MUMOM) MJO ACCEPTMB TO Ml 00R1MBM MB WESTS* CO FONTS mat mm wot im um[mam ammamt annas <w> m— ■nrauu Kill )H ii k UK 5mE mmmm wmo m MB BE UK UK 21K KMC HU mbuhj n wauMBMB aw
      457 words
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      1607 25 IVISSEL VOY KHH HKO S4N PKL DXB BAB DMM UK MAN ISFAHAN PCL-235 25/11 26/11 01/12 02/12 097T2 10/12 12/12 14/12 IRAN HOWMOZOAN PCL-236 02/12 03/12 00/12 09/12 16/12 17/12 19/12 21/12 MAN TEHRAN PCL-237 09/12 10/12 15/12 16/12 23/12 24/12 26/12 21/12 MVUNOAVU PCL-238 16/12 17/12 22/12 23/12 30/12
      1,607 words
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      469 25 i UK CONTINENT SERVICE Loading tor OCEAN HOST RDM/ATW/BMNAJK/LPL Load* Singapore. EJW. Malaysia Indonesa MIDDLE-EAST SERVICE Loading for MADfIE DBl/ABU/DOH/BRN/DMM/KWT OKTEM AKSOY AQA/JDH/TRP LION GLORY DBl/ABU/DOH/BRN/DMM/KWT FAVORTTA JDH/AQA/DMT/TRP/TAR AUKRATOR JDH/AQA •Loads Singapore. E7W Malaysia. Indonesia USA SERVICE Loadng for ULYSSES II CAM/NFK/SAV/NOL CALYPSO N CAM/NFK/SAV/NOL "Loads E7W Malaysia. Indonesia F.E./S.E.A.
      469 words
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      1126 25 m»flw/ smwam/ xmum/ wxo ma IWWI Ml "hk IMt I IGG Ino vpsa vor |a|t ro iia mitiUl «?4 ovi? m/i? 11/1? u/i? 17/1? MUM 02/12 os/12 ot/i7| iam&um urn 10/1? 1 vi? 11/1? 21/12 m/i? sm ow out 07/1? 07/1? I WKjKECTtESS M? 4 17/1? B/l? 7S/13 M/I? 31/1?
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      547 26 MmLEMMMMTsmmBmi WEEKLY SERVICE TO SOUTH AFRICA SOUTH AMERICA DO m AMD HAM VM MONTEWPtO) Vnd |vtm» <>■*» Mlidi* k'Hwi 1 UUm 1 M'rUm 1 f—m 1 Sin byal imlamu KIOSS 03/)? IS/1? 17/1? 17/1? IVI? ?1/l? 31/1? 01/01 04/01 ha(Mmrn tf!O5S 10/1? 22/1? "li/l? ?4/l? M/ 12 QS/01 oTTi S7BI
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      940 26 v\)Ov WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SERVICE* [VtSSa VOT lIW I HEIGHT! SI LBCI MAO I MIA I SAV OAI I OOf NTC 1 WW I MOB TOURCOING AH 124 400Tmh 6.3 M 11/12 10/01 21/01 24/01 26/01 27/01 20/01 02/02 04/02 TAMOU AH2OI 400ta»
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      54 26 0 HANGLI SHIPPING DffECT REGULAR SERVICE JAKARTA SURABAYA MUrtA 29/11 29/11 P KALIMANTAN 07/12 07/12 P SUMATRA 10/12 10/12 PJUHJMNnN 17/12 17/12 P. SUMWERA SURABAYA 29/11 29/11 SHWMON EXPRESS 07/12 07/12 SHAfWON EXPRESS 10/12 10/12 PULMJ NANUS 17/12 17/12 SHAN FURYU Owners: UNfTED SHIPPING ORGAftSAHON PT. INDONESIA SHANNON SHIPPING CORP.
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      551 26 BSA x MYANMA iHBk F|VE STAR UNE (Myctaor Net,owl Lbt) Loodi»g f«r Yo»go» Vissa VOT *an m km ran HPA-MI 2tVM U mm u aw su> BAUTSIA AGENTS: MUSTUD SNrfWG ACOCKS «UL m 03-*****)00 ftL TB 03-317W111 Wt IB 04-16)2402 fGU; Ttt 07-*****21/4 BANK LINE (A mvi« tf Wtk Shipying)
      551 words
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      222 29 nj SASIA EXPRESS LINES I I SINGAPORE AGiNT: JAR DINE UNER SUPPORT SERVICIS wa w» awroß mmuHM Ktimim I mum I nm» WAWPM !2ZII IHVH/mi aUBK—L M— swuqrnnt n-iy/oi/Mot Mffa LINK TO AMAZOMAS/ MAMAUS, M. BMAZH TRANSIT THAI 32 PAYS (MUG CALL) Bfr Bomm/curmmseMKE tMKm WESTMALAWA imi TOT LEE V7TTV
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      154 29 KSffl WT EBP6U DAY W EU» DAY bmiashri lac aim" wo io<r w.iiji thu KMUSMKI I ass Willi THU \Tj» 301 HI H» BMUSMRI IHIS 3011.01 HB 1«R 11 mi SAT bnusmri lays otitoi aw ia7» aim ~jji" OMUSURI IMS 031 to I NOR 13* *****1 HI BMUaNtI IBYS QS.IMI
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      267 29 MIIR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA visa iwv an n vm sm n an kbjmom dm a k ct 015 10/12 iz/n 14/n u/11 »/i2 jo/12 02/01 m/oi 01/01 09/01 I BEQULAW SERVICi TO/FWOM CHrrTAOONO 4 MOWOLA yBM. im* I tmumt l ummom 1 mmu 1 MNGLAA SHKHA WW rt/12
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      201 29 dm lh swfws co rn at 1 I VWwr, uiuimmuMi NEUMM/UHM I T ait wmmmt I rasa vor sum smrn Ksnon S«rM 16/01 a/11 21/11 Dn^mm UnS»?7 H/01 21/11 21/11 S«MtaL| MaShil 10/01 21/11 29/11 MAkf u— Sta 3 11/01 3C4ni 3011 Mml/uEMM UmS»32 11/01 30/11 30/11 MM/Wv tin Sar
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      502 30 TKBHfTtO 932H 0243/12 OS-12/I2 1711/11 I Twaiem ran os-oi/iz 1215/12 if 20/12 I ma sham no* 10-11/12 17-20/12 24-23/12 I martin nsn u-14/12 20-23/12 27 21/12 I imWK WW IMVI2 23-27/12 01-02/01 1 IvEssa^^voY^HM^^CAi^^a^l my® jS wm 07WT5 \im I ma ami atoti o» 10/12 14-11/12 21-27/12 I COHROOa 414
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      707 30 VOT SMGAfOM PORIUUNC OOTTAGONG HOMU ra ETA no FT* FTP (U FTB QC HONOW 07M029 THU 29/11 >4/11 41/12 44/12 47/12 "ONSM6 OM2I SOW 42/12 41/12 42/12 47/12 11/12 1 IQMCCOO4 100*131 mm 4>/12 44/12 44/12 47/12 13/12 1 <XTIM 41 Ml 14 HIE 44/12 45/12 45/12 49/12 14/12 1
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      813 30 I Idl |PDZ LINES mass. I j "fc ISSLnTw g".l"« www. obwh ims w/n cm ***** »oi/n guan 2120 os/12 ■—55 m t m/n CMUAT ***** 03/12 GUOO ***** 05/12 GUAM tin 05/11 CH ****** 07/11 ■■HMMM *W W/n StSWB ***** 00/11 G» ***** 07/1T Hi TIIII IT/IT CillMilH H/lj
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      41 30 REGULAR DIRECT CONTAINER BREAKBUuT SERVICE TO PORT LOUIS 4 DURBAN EXPORT VOY SIN PTL DSN TBN 09WB 29/12 09/01 15/01 lOOPIM TO JOHANNESBURG AfMTc M Fu -IMLMAimw 42WHI/1C 2MOU3 P-SMWT (P-SMMB> Read Reviews of THE Liner Scene Every Fortnightly on Mondays
      41 words
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      28 31 ld=l=l=H If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another j Classified ICAI.U Service
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  • Page 31 Miscellaneous
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      121 31 «gfREG?ONALWE/VTH^R 'Y'! —SMS) LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers o x Rain emperature Cp/ direction speed in knots •Cloudy Day th9r CX) U-7V Wind speed symbols So. Conditions O Full circle w/o line indicates calm or light and variable winds j I One half fieche represents 5
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      133 32 I® 1 The company invites high calibre candidates to join us in the following positions QuatiflcaOon/txptrunce GCE A/diploma holder 1-2 yean of liner shipping/freight forwarding sales experience (preferred) Car ownership Kty responsibility: Successful applicants will be joining our Singapore sales and marketing team in promoting CMA CGM Sc. ANL trades
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