The Business Times, 29 November 2001

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Microfilm: NL23287
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    11 1 THE BUSINESS TIMES MITA (P) 107/03/2001 •ntorn&c http://business-times.asial .com.sg/ SINGAPORE 85C
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  • Article
    Lock icon MARKET SUMMARY
    79 1 m 1,47*53 (-25.57) wt-m IO6JB (-10.76) ST DIDEZ FUTURES 1,47&00 (-27.00) ansa FUTOTEB 180J0 (-3.00) STOCK MAIXET INDICES Wednesday Chaise KLSEOOM? 64 LM +171 NIKKEI 225 _10.824.81 ***** HANG SENG _lLWllt -19U6 SET INDEX MM 44a JAKARTA COUP J«J» +L» MANILA OOMP -LI20.67 __+0.06 TAIPEI WPI 4.447.58 -*****
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  • Article
    Lock icon FINANCE
    65 1 F01EX BATES US$ St USS (SS per USS) IjBU t(VSS/SSperS) 1.418 2JM EUBO(lS8/SS/E). 0J8S 1.622 DM till 11M YEN 123.6 17.40 RM 1909 1071 HKS 7.799 42(4 BAffT 4406 2406 BCPIAH 10,466 6,702 PUKE KATES SINGAPORE* US KUALA LUMPUR 6.40 BONG KONG 6H JAKARTA 19.00 TAIPEI 171 TOKYO LT75
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  • Article
    Lock icon Keppel Land rethinks plan for property trust
    405 1  -  -idexclusive Capita Land's failure to float SingMaU seen as a key factor By 1 Lilian Ang [SINGAPORE] Keppel Land is reviewing its proposal to launch a listed property trust (LPT) of prime office properties, and sources say the government-linked group is leaning towards
    405 words
  • Article, Illustration
    Lock icon Suharto's son Tommy nabbed, detained as murder suspect
    360 1 Police deny his lawyer's statement that he himself np Reuters [JAKARTA] The son of former Indonesian president Suharto, Hutomo 'Tommy' Mandala Putra, is being detained as a suspect for murder and illegal arms possession, Jakarta's police chief said yesterday. "His status is
    Reuters; AFP  -  360 words
  • Article
    Lock icon Takeover loophole stifling minorities
    799 1  -  COMMEMTART R SZVAJUTUV says it's easy and perfectly legal to make offers through subsidiaries to dilute minority resistance, as F&N*s example shows R SIVANITHY Beverage group Fraser Neave (FAN) is tapping a loophole in the law governing takeovers and compulsory acquisitions—and it's not the first to
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  • Article, Illustration
    Lock icon Malaysia casino king warded at Gleneagles
    476 1  -  MHtexclusivel Bnt Genting plays down Lim Goh long's ailment From Eddie Toh in Kuala Lumpur MALAYSIAN casino king Lim Goh Tong, 85, has been warded at Gleneagles Hospital in Singapore. Officials of Genting Bhd, which operates Malaysia's sole casino, played down the octogenarian's ailment.
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      58 1 DVSZDES Top StorlM Stanchart, M'sian Plantations among firms shortlisted to buy BCA. Next Page > Taichung mayor candidate eyes S*pore as model. Next Pmge Haw Par surges as market sees it as new holding unit Pg 3 Jurong Engg to pay 30th anniversary dividend. Pg 3 SBS starts rail licence
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      64 1 Passionate to the core about Apple ■Paoe22 ■■■■■KjNSteve Jobs goes to the movies •Page 22 Leave REITs pricing to the market: Marco Polo chief, Pg 16 J I' ft RfSTO R I N G CO I II C TORS' II M I I' II IS lIANIx IMI lIN NI W
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    • Article
      Lock icon Stanchart, M'sian Plantations among shortlisted to buy BCA
      663 2  -  7 other bidders in the list; 51% stake on sale worth USs4oom currently From I Shoeb Kagda in Jakarta UK-BASED Standard Chartered pic and Malaysian Plantations Bhd, together with seven other bidders, have been shortlisted to buy a 51 per cent stake
      663 words
    • Article, Illustration
      Lock icon Taichung mayor candidate eyes S'pore as model
      682 2  -  Front-runner wants help of S'pore investors and planners From Macabe Keliher in Taichung JASON Hu has a vision for Taichung, and it has Singapore written all over it. With the help of Singapore investors and planners, he wants to bring high living standards
      FILE PHOTO  -  682 words
    • ON THE grapevine
      • Article
        Lock icon Where the real money is
        181 2 jurat iooa ior mougni. oaseu on uie iNasaaq Composite's quite sparkling comeback from post-Sept 11 lows, almost doubling the Dow's 20 per cent recovery from Sept 21 lows, you could well be forgiven for forgetting if s still a laggard performer for the year to
        181 words
      • Article
        Lock icon Sharing the fruit
        101 2 THOSE in the fruit business must enjoy some nice and juicy margins, pun very much intended. A Spanish Quit importer, who recently sashayed into London for a weekend bash, reportedly blew the sterling pound equivalent of more than SHOO,OOO buying drinks all round at an exclusive members-only
        101 words
      • Article
        Lock icon Gay joke backfires
        90 2 AT THE Singapore Island Country Club, it is sometimes best to keep the jokes to yourself. Club sources tell us that a member is being hauled up before the disciplinary committee for telling its golf captain: "Since you have a men's captain, a ladies' captain, why not
        90 words
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      168 2 w HUBLOT i n vi Si \sation \i hi i i\<, i- |\.l \i I I!,! I \ll ||\\|v\|. s| y (",n|. s Sri; \l \I \l >| i M LI II S«»! 11 si. \ll k\l l\ r II 1.1 1 H < I ~\n <li Ml l\l ill
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Haw Par surges as market sees it as new holding unit
      600 3  -  Investors expect Wees to use it to take over UOB's non-core assets Byi Quak Hiang Whai WEE Cho Yaw's cash-rich Haw Par Corporation took centre stage yesterday as investors chased up the stock ahead of what they suspected to
      FILE PHOTO  -  600 words
    • Article
      Lock icon Jurong Engg to pay 30th anniversary dividend
      308 3  -  By' Teh Hooi Ling JURONG Engineering (JE) yesterday announced a special dividend of 15 cents per share less tax to commemorate its 30th anniversary. The company said the dividend is also a gesture of appreciation to its shareholders for their loyalty and support
      308 words
    • Article
      Lock icon Why sell undervalued Haw Par at market?
      773 3  -  lock siew lee han shih IF a prize is given out to the most undervalued company on the stock exchange, Haw Par Corporation would probably win it. Of course, there are a lot of contenders, as just about every last property counter is
      773 words
    • Article, Illustration
      Lock icon SBS starts rail licence talks with LTA
      432 4  -  Profitability will depend on terms reached; may not be same as SMETs By Christopher Tan TRANSPORT operator SBS has started discussions with the government on its licence and operating agreement (LOA) for its foray into rail operations. The company, which changed its name
      432 words
    • Article
      Lock icon Parkway well-positioned to make acquisitions
      328 4  -  Byi Andrea Tan PARKWAY Holdings chairman Anil Thadani yesterday said the healthcare group was well-positioned to make opportunistic acquisitions. "We have the strongest balance sheet in years," he told media and analysts at the group's quarterly update. "Happily, money's not a problem for us. That's
      328 words
    • Article
      Lock icon KepFels gets US$77m order for rig upgrading
      361 4  -  By Loh Hui Yin ALREADY on a roll with bulging orders, Keppel Fels has clinched another mstfor contract worth US$77 million to upgrade two offshore drilling units from Diamond Offshore Drilling, a world leader in deepwater drilling. The latest contract follows on the
      361 words
    • Article
      Lock icon Expert's methods questioned
      374 4  -  ■ui-COMTIIIIINT TRIAL Christopher Cheng's study on cornering nnder scrutiny Ven Sreenivasan DEFENCE lawyers yesterday quizzed the prosecution's expert witness on the accuracy of the data and methodology he used to show that there was a cornering of MidContinent shares in mid-1998. But financial consultant Christopher Chong stood
      374 words
    • Article, Illustration
      Lock icon Solectron sets up regional HQ here
      498 5  -  It sees Asia-Pac sales doubling to two-thirds of its revenue in 5 years By] David Boey SOLECTRON Corporation, the world's largest electronics manufacturing services company, has planted its new Asia-Pacific headquarters in Singapore its first non-US headquarters and said yesterday that it expects sales
      ARTHUR LEE  -  498 words
    • Article
      Lock icon SilkAir to absorb some trainees laid off by SIA
      143 5 Bloomberg SINGAPORE Airlines' Silk Air unit will offer cabin crew positions to some of the trainees whom SIA, Asia's thirdlargest airline by sales, let go earlier this month. Two weeks ago, SIA cut 114 cabin crew trainee positions after it reduced
      Bloomberg  -  143 words
    • COMPANY Briefs
      • Article
        Lock icon Miyoshi net shrinks 26% to $4.3m
        69 5 MAINBOARD-LISTED Miyoshi Precision, an integrated engineering group, said net profit dipped 26 per cent to $4.3 million for the full year ended Aug 31. Revenue was $61.6 million, up 26 per cent. Profit fell due to start-up and developmental expenses incurred by overseas subsidiaries
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      • Article
        Lock icon Wlllas-Array interim net plunges 68%
        127 5 WILLAS-ARRAY Electronics (Holdings) said that for the half-year ended Sept 30,2001, net profit fell to HK$lO.7 million (552.5 million), a 68.5 per cent dive from a year ago. Turnover fell 25.5 per cent to HK$5Ol million due to the electronics downturn. Sales of all product
        127 words
      • Article
        Lock icon Chartered seals Cirrus supply deal
        52 5 Reuters CHARTERED Semiconductor Manufacturing has signed a multi-year manufacturing agreement with Cirrus Logic as a preferred mixed signal supplier for the consumer entertainment chip provider. The world's third-largest contract maker of microchips said it would supply process solutions to Cirrus ranging from 0.35 to 0.10
        Reuters  -  52 words
      • Article
        Lock icon SPI to sell bonds to Aussie investors
        114 5 Bloomberg SPI Power Net, a unit of Singapore Power Ltd, will start marketing bonds to Australian investors next week for its first bond sale in the country, said ÜBS Warburg, which is handling the offer. SPI Power Net which owns and operates the
        Bloomberg  -  114 words
      • Article
        Lock icon Live trade in HK$ bonds takes off
        62 5 BONDSINASIA (BIA) said live trades have begun in Hong Kong dollar bonds via their BondslnHongKong local company, Singapore dollar bonds via BondslnS ingapore and Asian credits via G3BondslnAsia. The company, an electronic trading platform, also announced new partners Barclays Capital and Hang Seng
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    • Article
      Lock icon North 22: CEO didn't make profit forecast
      266 5 IN RESPONSE to a Singapore Exchange (SGX) query, Hong Kong-based North 22 Technology Services Group said comments made by its chief executive in a Business Times article ("North 22 banks on China business to boost growth") yesterday were not meant to be a
      266 words
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      297 3 '-•->U At Pan-West, J ifUm in "i ai-ia ili all about your Through more than three decades in the ever-changing golf t ''jßjgflPPf business scene, one factor has not changed and that is YOU. Whether /^wßßS a beginner or a hardened and competitive golfer; you will continue to r r
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      110 5 Since 1975. our worldwide Staff ■F\ over 275 multi-disciplined professionals ■ft I V including lawyers, chartered accountants. J I I chartered secretaries and bankers have W A 11 provided confidential and cost effective company formation in all the major low K; 4 H Incorporation Fees from US$5OO The world's F
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      28 5 C H I !i A S fi U\A B t c t P 2 j Mg K K I The only round the clock working/entertaining/shopping and business environment.
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      318 6 OTHER SINGAPORE INDICES Nov 28 VALUE CLOSE BT06/DS 313.00 -80.00 BTCAM -*****.00 -76.00 BT 10-rfay MA *****.00 +31.00 06S 50 Index 477.17 -6.62 0C8C30 472.45 -7.93 Aft-SG Equities 393.88 -4.84 SG Equities Elect 123.83 +1.76 SGEqaMeeFta 1247.85 -35.54 SG EqaWesProp 386.15 +0.73 ma Singapore 181.97 -2.68 SIMSCI Fetnres 180.90 -3.00
      318 words
    • Article, Illustration
      Lock icon Venture clears $11.50 hurdle, confirming bullish pattern
      268 6  -  HOT STOCK/ WARRANT By' Ven Sreenivasan AFTER six attempts since the middle of this month, Venture Manufacturing has finally managed to breach the stiff $11.50 resistance level. The stock rose 40 cents to close at $11.90 yesterday its highest close since Sept 6.
      268 words
    • Article, Illustration
      Lock icon STI loses grip on 1,500 as Dow trips
      781 6  -  ■I J comment STOCKS r. sivanithy A TRIPLE-DIGIT loss for the Dow Jones Industrial Average on Tuesday led to a double-digit loss for the Straits Times Index yesterday as players exited those stocks which had been driven up most in recent sessions.
      781 words
    • Article, Illustration
      Lock icon Greenback rattled as US consumer confidence tumbles
      523 6  -  I=ll comment CURRENCIES Ten, Swiss franc show biggest gains; small bnt perceptible shift in US$/S$ sentiment larry wee GLOBAL bourses and the US dollar took a bit of a knock yesterday after overnight news that US consumer confidence had tumbled sharply, with the
      Source: Reuters  -  523 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2892 6 UNIT TRUSTS FUNDS AIM Amro Asset Mgt (S'pore) Star Europe Eqty!* 0.814/ Star Europe M 0.977/ Star Europe Bal 0 87» Star Asian Tiger Eqty 0.7221 Star Asia Bond 1^13/ Star Asia Balanced 0.863/ Star Global Technology find 0.327/ Star Bhv Finance Japan Fund!** 0.892/ AIB Govett (Asia) Ud. Govett
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Wholesale trade falls sharply in Q3
      291 7  -  P=M 3 on the economy trade By 1 Teh Hooi Ling THE domestic wholesale trade index declined significantly by 21.6 per cent in the third quarter compared to a year ago, figures from the Department of Statistics show. This is the second consecutive year-on-year
      Source: DOS  -  291 words
    • Article
      Lock icon Lower bonuses for NTUC Income policy holders
      407 7  -  The depressed investment climate has reduced returns on its investments By' Teh Hooi Ling NTUC Income life insurance policy holders will receive lower bonus rates in the next one or two years because of the lower investment returns made by the cooperative, its
      407 words
    • Article, Illustration
      Lock icon Ascendas in tie-up to build Beijing logistics centre
      239 7 A WHOLLY owned subsidiary of JTC Corporation, Ascendas Pte Ltd, will build a customised logistics centre in Beijing for supply chain management firm Exel under a partnership agreement inked yesterday between the two companies. In turn, Ascendas, a business space provider, will
      FILE PHOTO  -  239 words
    • Article
      Lock icon What's the final cost of SingTel's bonds?
      368 7  -  MAIU.Tm Lai Yeu Huan Singapore I REFER to the letter "SingTel rebuttal less convincing than column" by Narayana Narayana (Mailbag, Nov 28). While I have the strongest respect for Mr Narayana as a provocative contributor to Mailbag, I do feel compelled to make
      368 words
    • Article
      Lock icon Accident risk with Sunny fault
      117 7  -  Jeffrey Loh Singapore I REFER to the article "Nissan recalls almost 10,000 Sunny cars in biggest such exercise" (BT, Nov 23). I am one of the owners of the Nissan Sunny VIP model (1999). My car engine was cut off while driving along the AYE
      117 words
    • Article
      Lock icon Kudos to ministers who see past money
      138 7  -  Lu Kee Hong Singapore I REFER to your report, "New ministers of state will lose up to $200,000 per month in pay" (BT, Nov 27). I am very glad that the ministers have looked beyond money and taken the plunge. After having achieved
      138 words
    • Article, Illustration
      Lock icon Legal services working group formed
      247 7 THE Ministry of Law yesterday announced the formation of a working group to "review the legal services sector, including legal infrastructure and education and training, and to make recommendations to position the legal services sector for greater contribution to Singapore's future economic growth". Co-chaired by
      247 words
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      299 7 IWwefcome fetters. E-motuaatbdattar+ar>h.com*gortvewat 73X271, or mrtta to: Tha Buaktaaa Ttmoa, Tlmoa Houao, 390Kim Song Rood, Singapore *****6. Wanaad your futnama,addran and talaphona numbar,aowacanvarlty*camalromyou.Ptamaauaatarrvan*a languoga, and baar In mind Kbal lama. Waraaanm tha right to aaloct lattars torpubßcaHonwtdtomukaadMngctiangos v T I NOKIA Connecting People mmm-t* WMMBrS™Bßsgsgg^—■— l —y 4MM| 1:44/2:38 fl
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Ensure civilian control over Japan's SDF
      740 8  -  I bottom line OPINION anthony rowley The writer is BT's Tokyo correspondent THE US and its allies were quick to welcome Japan's decision to respond to the Sept 11 terrorist attacks by enacting laws that will enable the country's Self-Defence Forces (SDF) to offer
      740 words
    • Article
      Lock icon IN OTHER WORDS
      89 8 The Harry Potter books are evil. They teach sorcery and run counter to the Bible.' -TanT&iHao wife of a preacher in Taiwan s Ling Leung Church on JK Rowling'spopular children's books. 'Unfortunately, we have an attorney-general whose record increasingly makes clear that he is the most dangerous
      89 words
    • Article
      Lock icon Promising—and delivering—change
      605 8 Promising —and delivering —change EDITORIAL THREE weeks after a landslide election victory amid a severe recession, Singapore's People's Action Party (PAP) has trotted out a new team of potential ministers, hinted at radical policy changes and set targets for the next elections in 2007. There was a postmortem at the
      605 words
    • Article, Illustration
      Lock icon Banker to the world's emerging markets
      1738 8  -  Besides looking at expansion opportunities elsewhere in Asia, Stanchart boss Rana Talwar has his sights trained on giants India and China By' Vikram Khanna The writer isßT's regional economics editor EVER since 53-year-old ex-Citibanker Rana Talwar took over as chief executive of Standard Chartered
      CHRIS LOH  -  1,738 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Faber Group up for sale at RM200m: report
      428 9 KUALA LUMPUR But tycoons offered UEM's 60% stake reject steep valuation HOTEL and property-based Faber Group Bhd is believed to be up for sale at RM2OO million (5595.9 million) or 58.5 sen a share, The Sun reported. The newspaper said that several
      FILE PHOTO  -  428 words
    • Article
      Lock icon Stocks unaffected by BN's lilting of bridging loan rules
      295 9  -  High-end homes affected only a small market group From\ Diana On Abdullah in Kuala Lumpur PROPERTY and banking stocks yesterday remained generally unaffected by news that Bank Negara was lifting bridging loan restrictions for residential projects above the RM250.000 (SS120.000) mark.
      295 words
    • LATE Briefs
      • Article
        Lock icon JP Morgan ups M'sia to 'overweight'
        64 9 Reuters [KUALA LUMPUR] JP Morgan upgraded its recommendation for Malaysian stocks to "overweight" from "underweight", its first upgrade since June 2000, dealers said. The re-weighting is partly because Malaysia is relatively insulated from movements in the tech-laden Nasdaq Composite Index, which is expected to
        Reuters  -  64 words
      • Article
        Lock icon Sime Darby to submit Palmco plan
        80 9 Bloomberg [KUALA LUMPUR] Sime Darby Bhd said it will submit by the end of the week its own proposal on how Palmco Holdings Bhd may maintain its public listing. 101 Corp Bhd, which along with Sime Darby owns more than 90 per cent of
        Bloomberg  -  80 words
      • Article
        Lock icon EPF stress on Islamic investments
        56 9 AP [KUALA LUMPUR] Malaysia's government yesterday said the state-owned pension fund would dispose of shares it holds in companies involved in gambling and liquor production. Deputy Finance Minister Chan Kong Choy told Parliament that the Employees Provident Fund would ensure that its future investments were
        AP  -  56 words
      • Article
        Lock icon China ponders FTA with Hong Kong
        62 9 Bloomberg inuiNo RUNUj China is seriously considering" a proposal from Hong Kong Chief Executive Tung Chee-hwa to set up a free-trade area with the city, said Foreign Trade Minister Long Yongtu. While the agreement may include Macau, Taiwan won't be included initially as it
        Bloomberg  -  62 words
      • Article
        Lock icon M'sian M3 growth at 3-year low
        72 9 Bloomberg [KUALA LUMPUR] Malaysia's broadest measure of money supply grew at its slowest pace in almost three years in October, as financial institutions kept more money with the central bank. M 3 rose 3.6 per cent in October, compared with 6.6 per cent a
        Bloomberg  -  72 words
      • Article
        Lock icon UK's Tesco to sign JV with Sime
        29 9 Reuters [KUALA LUMPUR] Britain's leading grocer Tesco will sign a joint venture deal with Sime Darby today, marking its entry into Malaysia.—Reuters
        Reuters  -  29 words
    • Article
      Lock icon Lower freight rates cut MISC Q2 gain by 17%
      247 9 KUALA LUMPUR Contributions from petroleum, balk and chemical carrier units down Bloomberg MALAYSIA International Shipping Corp, the country's largest shipping company, said second-quarter profit dropped 17 per cent as the Sept 11 attacks in the US hurt demand and freight rates
      Bloomberg  -  247 words
    • Article
      Lock icon Berjaya Sports Toto interim net profit up
      139 9 KUALA LUMPUR Dow Jones BERJAYA Sports Toto Bhd, a Malaysian gaming company, yesterday said net profit for the first half ended Oct 31 rose to 152.1 mUlion Malaysian ringgit (Ss73 million) from RM150.0 million a year earlier. In a statement to the Kuala
      Dow Jones  -  139 words
    • ASIA Notes
      • Article
        Lock icon Tung predicts hefty Budget deficit
        83 10 AP [HONG KONG] Chief executive Tung Chee-hwa said yesterday that Hong Kong's economic woes will deepen, with an "unexpectedly large Budget deficit" and more job losses brought on by the global slowdown. Speaking at an economic conference, the Hong Kong political leader said GDP forecasts
        AP  -  83 words
      • Article
        Lock icon Shanghai gold exchange's debut
        66 10 Reuters [SHANGHAI] China's first national gold exchange made its debut in a simulated trading session yesterday, marking another step towards the freeing up of one of the world's largest precious metals markets. The eagerly anticipated Shanghai-based gold exchange, which will snap the central bank's decades-old grip
        Reuters  -  66 words
      • Article
        Lock icon Air India chief cleared of charges
        94 10 AP [NEW DELHI] The Central Bureau of Investigation has cleared the suspended chief of state-owned Air India of corruption charges. Civil Aviation Minister Shahanwaj Hussain said, however, that the government would not reinstate Michael Mascarenhas as chief of the national carrier although the federal
        AP  -  94 words
      • Article
        Lock icon Taiwan approves 6 holding firms
        69 10 Reuters [TAIPEI] Taiwan's Ministry of Finance said yesterday it had approved six consortia of financial Arms to set up fall-service financial holding companies in a move to strengthen their competitiveness. The six holding companies will be led by Cathay Life Insurance, Fubon Insurance, China Development
        Reuters  -  69 words
      • Article
        Lock icon Guoco to buyy back 25% of stock
        66 10 Bloomberg [HONG KONG] Guoco Group Ltd, a finance company controlled by Malaysian billionaire Quek Leng Chan, will buy back 25 per cent of its stock for HK15.35 billion (Ssl.3 billion), paying the lowest price offered. Guoco said in a statement that it will
        Bloomberg  -  66 words
      • Article
        Lock icon Taiwan MOP to study easing of rules
        75 10 AFX [TAIPEI] The Ministry of Finance has been ordered by Premier Chang Chun-hsiung to look into easing rules governing investment by securities, securities investment and insurance companies to allow them to directly set up branches or subsidiaries in China, officials said. The MOF
        AFX  -  75 words
    • Article, Illustration
      Lock icon Cyberport project all set to go onstream in HK
      632 10 HONGKONG CyberWorks, govt officials sonnd confident despite tech crash, weak property scene Reuters THE property and technology sectors are both battered, but young tycoon Richard Li and Hong Kong officials yesterday inaugurated the sprawling and controversial Cyberport project conceived in headier
      Reuters; REUTERS  -  632 words
    • Article
      Lock icon Taiwan PC hardware output seen rising in 2002
      349 10 TAIPEI Reuters TAIWAN'S production of desktop computers is projected to rise 3.9 per cent to US$6.9 billion in 2002, while notebook computers are seen remaining flat at U5512.69 billion, a research agency said yesterday. The gains will come on the back of
      Reuters  -  349 words
    • Article
      Lock icon HSBC may buy up to 8% of Bank of Shanghai
      534 10 SHANGHAI Stake will cost op to 520 m yuan; IPC to raise stake to f% Bloomberg HSBC Holdings, Europe's largest lender by market value, is in talks to buy as much as 8 per cent of Bank of Shanghai, which
      Bloomberg  -  534 words
    • Article
      Lock icon China eases curbs to help brokers repay stolen funds
      391 10 SHANGHAI Bloomberg CHINA scrapped rules on brokerages selling shares to institutional investors to help an estimated quarter of the nation's 101 securities firms refund money they stole from clients by an end-of-year deadline. "The China Securities Regulatory Commission will no longer
      Bloomberg  -  391 words
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      Lock icon Page 9 Advertisements Column 1
      53 9 LONGINES L'elegance du temps depuis 1832 I Longines Dolce Vitao Diamond Gold Collection I Sole Distributor Main Service Centre: THE SWATCH GROUP S E A. (S) PTE LTD 438 A Alexandra Road #05-03/04 Alexandra Technopark Singapore *****7 Tel: *****88 Fax: *****96 City Service Centre: #01-23 Plaza Singapura Tel: *****17 E-mail:
      53 words
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  • Article, Illustration
    Lock icon FINANCE
    1176 10 Transaction date: Nov 28 DfTERBAME CROSS RATES C$ Etc Ffr M Mb Yw Ww 1 gMfc M S$ —U »r ITS 8*t Hmt OTS Awfriii 0434 4242 0491 1879 LS7 4.0«1 25.1M ***** 1647 6.655 L9M L257 ***** 27.196 0.959 1201 0J62 HO* ***** 0269 0423 CiM* 1199 1208
    1,176 words
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      71 11 Introducing Inspire The Next R|| u j&HaKs *i w V V r- •--/>' > rr ■s s '.*-v'.. IHHIHKiI |H|| i l S(BHr |l^^'^.^; t>- ■pRH^H SHH^HI afnHMMHBMMHKBH w M i. :w Ir'lfrn'rlT I B 1* 1 R®*' 3 ShoWroorT> 3 high density of 2.6 times more than VGA FOP
      71 words
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  • Article
    Lock icon COMMODITIES
    1709 12 PDOM Nov 28 RUBBER (Mw*scto*Q« at SJOpoO RSS1 CONTRACTU cwtj/ty Close VotaM OpM Mowt* M|k Low Sett (tan i) Interest Dec 01 9100 50 J* 02 92.00 Fefc 02 93.00 02 94.00 RSS 3 CONTRACT (US carti/kt) Vll—l Ope* HI# Low Sett (tonnes) Hiteret OK 01 48.50 900 Jm
    1,709 words
  • WORLD news
    • Article
      Lock icon S&P cuts Japan's debt rating
      687 12 TOKYO Triple blow as another listed company goes bast and retail data points to deep recession Reuters [TOKYOJ Japan's economic picture darkened further yesterday as a downgrade in the country's sovereign rating and another corporate failure sent shivers through markets and retail data pointed to
      Reuters  -  687 words
    • Article
      Lock icon US tech stocks rally could be another bubble, warn analysts
      352 12 SAN FRANCISCO FT THE 40 per cent rally in US technology stocks since mid-September is running ahead of fundamentals and could lead to another sharp correction, analysts warned this week. "There is a real possibility we are looking at a
      FT  -  352 words
    • Article
      Lock icon Deutsche Telekom faces first loss as public firm
      356 12 BONN Acquisition costs over VoiceStre&m deal blow to Q3 Bloomberg DEUTSCHE Telekom AG predicted its first full-year loss as a publicly traded company after costs tied to the acquisition of Voice tream Wireless Corp contributed to a third-quarter loss of 627 million
      Bloomberg  -  356 words
    • Article, Illustration
      Lock icon Enron turned down by Alwaleed and buyout funds
      432 12 NEW YORK Bloomberg ENRON Corp's bankers, seeking to raise as much as US$2 billion for the energy trader, have been turned down by investors including Prince Alwaleed Bin Talal, the Carlyle Group and Blackstone Group. "I was approached by several people to
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    • WORLD Watch
      • Article
        Lock icon HP delays notifying Brussels of deal
        71 14 FT [SAN FRANCISCO] Hewlett-Packard is delaying notification of its U5522.4 billion takeover of Compaq to the European regulator pending talks on possible competition problems. The companies want to avoid a long investigation by the European Commission which could hold up completion of the deal
        FT  -  71 words
      • Article
        Lock icon CSFB to sell its online unit
        73 14 Reuters (NEW YORK] Credit Suisse First Boston is near to closing a sale of its online trading business CSFBdirect to Canada's Bank of Montreal for over US$5OO million, the Wall Street Journal reported yesterday. The deal would give Bank of Montreal a doorway to
        Reuters  -  73 words
      • Article, Illustration
        Lock icon Sony credit card for online shopping
        70 14 AP [TOKYO] Sony Finance International president Takeshi Matsunobu addressing a press conference here yesterday to announce that Sony Corp will offer a credit card named "elio" loaded with a computer chip to make Internet shopping easy and secure. He said he hopes to make
        AP  -  70 words
      • Article
        Lock icon Bertelsmann e-commerce CEO quits
        63 14 Bloomberg liiUE i kkslajh, uermanyj Bertelsmann Ali said Andreas Schmidt resigned as chief executive officer of the electronic-commerce business of Germany's biggest media company amid a reorganisation. Mr Schmidt, 40, who helped create Bertelsmann's alliance with Napster, will leave the company as the e-commerce unit is
        Bloomberg  -  63 words
      • Article
        Lock icon UN officials cautions on Afghan talks
        88 14 AFP [BONN] A mil agreement on a transitional Afghan government and the proposed presence of a multinational security force may not be reached at the inter-Afghan talks in Germany, a UN official said yesterday. "An entire, Ml agreement on every single k issue may
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      • Article
        Lock icon Mullah Omar tells Taliban to fight on
        54 14 Reuters [KABUL] Taliban supreme leader Mullah Mohammad Omar yesterday ordered his militia to stand and fight, Taliban sources said, as US troops and tribal armies closed in on their last strongholds. "Don't vacate any areas," he was quoted as saying in a radio
        Reuters  -  54 words
    • Article
      Lock icon US interest rate cut hopes rise on Fed official's comments
      617 14 CLAYTON, Missouri The right response is to respond more aggressively to the downside prospects, says Meyer Reuters THE US Federal Reserve must act aggressively when interest rates are low, Fed governor Laurence Meyer said on Tuesday in a speech that
      Reuters  -  617 words
    • Article, Illustration
      Lock icon Global economy may not recover till 2003: Krugman
      462 14  -  Any rally in near term will be a dead cat bounce, he says From Audrey Tan in Hong Kong THE global economy is not likely to recover till 2003 and any rally in the near term will prove to be a dead
      462 words
    • Article
      Lock icon McDonald's must eat words in 'Mc' fight
      251 14 Reuters [LONDON] McDonald's Corp, the world's largest restaurant company, on Tuesday lost a legal bid to stop a British-based restaurateur from using the name "McChina". A judge at London's High Court said the US fast food giant, which has 29,000 outlets worldwide, was
      Reuters  -  251 words
    • Article
      Lock icon US anti-dumping probes up fourfold in H1, says WTO
      298 15 12 import duties imposed to protect its metals industry Bloomberg [GENEVA] The US government started four times as many anti-dumping investigations in the first half of the year compared with 2000, and imposed 12 import duties to protect its metals industry,
      Bloomberg  -  298 words
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  • Article
    Lock icon STOCKS ASIA
    5029 13 i Transaction date: Nov2B for more, go to iwtwxisiaonenmarketsjcom HONG KONG V«4 wo tm AcrossAsia Multimedia .0.50 imch 0 Alpha General _.0.04 i*Kh 1440 AmoyProp 8.10 -025 1531 Ananda WingOn .0.06 unch ***** Angang New Steel H 0.99 -0.03 ***** Anfiu Condi H 1.73 -0.02 652 Anhui Expressway
    5,029 words
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      395 13 The Lange Datograph. The contents: A cornucopia of mechanical highlights. Reduction of mechanical Chronograph switching friction with Minute-counter switching lever lever with stable shaft 40 jewels mounted in double jewel bearings m opposed bearings. Movement precision-regulated Bearing jewels m in five positions. screwed gold chatons. -O Plates made of untreated,
      395 words
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  • Article
    Lock icon KLSE
    2605 14 Transaction date: Nov 28 KUALA LUMPUR Val mi rmt A 8 M Realty 0.84 0.02 30 Ahric -2.00 0 08 1240 ACP Industries.. -2 85 -0.03 18 Advance Synergy A67 -0.01 3S1 Affin Holdings 0J6 unch 0 Ahmad Zaki Res 3.84 0.04 10 AJCCorp 4.14 -0.04 17 AikbeeRes .2.15
    2,605 words
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    Lock icon SGX
    725 14 Transaction date:Nov 28 m am tt—1 t*+m— m Om» o—»t C*C All 1T» «A010 NMM» AM 0J3S AMO <J|lMfiO 1-« 1550 -0*10 OCBC ACT ***** -0J00 Chart imCsnd 1M 4J00 -AOM OUC 0J0 5 90C <0.190 ayDwsoc 2xn *.720 -oooo Pffc— > m at o« CiMft«T25c OB MMO -a
    725 words
  • Article
    Lock icon BONDS & WARRANTS
    667 14 BONDS WARRANTS La* WCm. Eaar rni>i I| *m- WW* Wn %8m*» u» AST11MD***** 18-5 unch 40 1 16 -I 189 31 AcmaLtdW*****« 25 -05 44 1 50 41} U0 X Amrk W*****0 a 1 33 17 1X6 43 Armstrong W*****0 15 1 10 12 155 30 A»afoodP1Mi***** 03 1 166
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  • Article
    Lock icon SGX MAINBOARD
    4392 15 Transaction date: Nov 28 for live prices, log on to wuwasiaonemarketsjco P»y UMMl 0t» GrYM Net MCaa WtAvg «B> U» r ■■>!■! S* W- COW) Wffc low Bwyr Sdhl Cw Pit SwB 9 6 ABNAmroNLG 56c 9 9 34 13* 39.5 8.5 c ACE Dynamks20c —12 13 03
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  • Article
    Lock icon SGX XTRANET
    34 15 c-tt a rS: aya. "t ra »S2 11H0 S10 Dumondi *****0 6MO 3830 s BDJUSTcd) USS4CO ci™ SS5 s IS WVD Spore US4S0 ***** »70s ISS4P500 USIOMO ***** 9950 i SPOAS US*****
    34 words
  • Article
    Lock icon SGX SESDAQ
    793 15 a a ■s'a-s; msay r s it! ,ss ,4 ,i s «"«^X»-==i=S 5 05 w 42 4,5 2f 425 hs i SJSKsrzzzzS S II ,1 ,1 ,5 445 45 c AstanMacro 5c 8 10 8 21 271 ic J JocCTt ,J lZZI=:J" 1,2 6 155 5 105 1"
    793 words
  • Article
    Lock icon CLOB INTERNATIONAL
    332 15 NWMm C iS -i. p > .KWQyU GrM» M> GrYM MM MCaa mg* »^oin|ii ii) LS t w >«yr S<Hir Cw p/t $3 110 60 ns unch 10 815 815 80 MS 40 3.4 12J 4.7 1754 Cathay Pac 20c HK. 7J0 265 2.1 7.4 6 *****2 Cheung
    332 words
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      59 15 I ffl SINCERE HNC WATCHES Sol g o7c a h l a^ e ß n oad Sh #°oTm m /M Cfn,rf: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. AVAn^uXsNGAWK 10/ 11 W heelock Place Singapore *****0. Tel: 238 6678 Fa*: 238 6676. *Ngee Ann City Tel: 733 0618 Lucky Plaza TH: 737
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  • EXECUTIVE suite
    • Article, Illustration
      Lock icon Leave REITs pricing to the market: David Lawrence
      731 16  -  There's no need to do a valuation or set a yield, the former valuer tells sawamarashiwala KALPANA RASHIWALA MARCO Polo Developments' CEO and managing director David Lawrence said yesterday, pricing of units and dividend yields for Real Estate Investment Trusts (REITs) and
      731 words
    • Article
      Lock icon New homes for sale
      553 16 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE (Sqf>) LAUNCHED UMTS SOLD (Spef) Abode at Devonshire TTHDevt 9 Devonshire Rd 1,012-2,756 26 4 1,288 FH Wilkte Regency Wah Khiaw Devt 9 WHkie Terrace 818-893 30 24 860 FH Jervois Regency Pine Tree Prop
      553 words
    • Article
      Lock icon Living Ease offers discount serviced apts
      350 16  -  Byy Vince Chong A PARTNERSHIP of five companies specialising in leasing and household services is offering to take unsold/ untenanted units off developers and investors, and market them to multinational corporations and expatriates as "low-rate serviced apartments". The concept, tagged Living Ease, essentially aims
      350 words
    • Article, Illustration
      Lock icon We'll have a white Christmas in our garden
      592 16  -  GARDENER'S I By' Thien "THERE'S enough blue in the sky to make a sailor's suit," my daughter Lyn often says, citing a line from Enid Blyton, whenever we worry if it's going to rain on our weekend lunch outdoors. In the same
      PHOTOS BY THIEN  -  592 words
  • Page 16 Advertisements
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      117 16 I For over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius pggsf?- Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial, banking and professional
      117 words
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      45 16 118 PIONEER ROAD n HKi Description A high-valued 4-storey detached factory a basement level Tenure years wef 1 st jan 1996 or details, contact Sole Marketing Agent Irene Kan 228 6896 118 E pioneer 1 Dominic Peters 228 6894 ROAD I Nicholas Wong 228 6800
      45 words
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      6 16 For Househunt, please go to http://buslness-tlmes.aslal.com.sg
      6 words
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  • EXEC lifestyle
    • Article, Illustration
      Lock icon Swanky lady
      820 17 Hilary Swank takes a big step from her tormented tomboy in Boys Don't Cry, in an incarnation as a conniving French royal Reuters iILARY Swank is back this time as pretty woman. But unlike Boys Don't Cry where she wore a lot of plaid shirts and jeans, Swank
      Reuters; REUTERS PHOTOS  -  820 words
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      48 17 jMjk fct TP |i k :n ffi^B3m You never actually own a Patek Philippe. You merely >r^^k look after it for the next generation. VM<(eJ<S*tw{mL<PuQL Complicntd by Pa,ck Ph ppe •>*?**• *7 •*■>•* -fH*i- K '/i?7K 6 Scotts Road, Scotts Shopping Centre 01 09, Singapore *****9 Tel. *****08. Fa*. *****00
      48 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      286 17 ckyftic crossword rn —tt ——n -7 M lHf "■■■""JS ACROSS 4 Hoodlum gets crowd on 1 Leave me by the religious I£* hl le books section (10) olunc,,mj 6Hp gee round headlight 7 Foreigner dSands a right to 9 X 8 OuSTXety where you'll And ipe for dried coconut (5)
      286 words
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      1289 18 INTELLIGENCE CHANGES EVERYTHING I I The Business Times The Economist I I Ssl a day I I 1 year subscription of I I The Business Times The Economist I at only $330 (usual price $759) I I Call 388 3838 now! I I SPECIAL INTERESTS I The Straits Times Classified.
      1,289 words
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      492 18 EN THE HIGH mtlT nr muc Originating Summons Number *****0 of 2001 IN THE MATTER OF ASEAN SUPREME FUND LTD (RC NO. *****5064G) And IN THE MATTER OF SECTION 73 OF THE COMPANIES ACT, CHAPTER JO (REVISED EDITION 1994) ■NoncF. OF SUMMONS NOTICE IS HEREBY GIVEN that an I Originating
      492 words
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      149 18 •N the HATTER Of the COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LAURISSA SHIPPING CORPORATION PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act. Ch**ef 50, the Final Matting of tha Members of tha
      149 words
  • BIZIT
    • Article, Illustration
      Lock icon Visitors to Asia travel websites down in Sept
      436 18  -  Corporate sector hardest hit, says research firm By Chua Hui Min IaiiNOAfUKEj The impact of the Sept 11 attacks on the travel industry has extended to the online world, as the number of visitors to travel websites in September fell by between
      Source: NetValue  -  436 words
    • Article
      Lock icon Web grid for mammogram study
      284 18 IBM, hospitals working on project to help fight breast cancer Bloomberg [ARMONK, New York] International Business Machines Corp and four hospitals are working to build an Internet-based network to let doctors nationwide store and analyse digital mammograms to help fight breast cancer. The system may
      Bloomberg  -  284 words
    • Article
      Lock icon Of apples and oranges
      352 21  -  niaijJJ® Vladimir Bachynsky, San Diego I REFER to the article "Analysts wondering if Apple is losing its bite." (BT, Nov 22) by Paul Chan. When Gateway was opening its stores, did you see people lining up around the block to get in or people waiting for
      352 words
    • Article
      Lock icon Reach eyes undersea cable assets in Asia
      243 21 Reuters [HONG KONG] Pacific Century CyberWorks (PCCW) chairman Richard Li said yesterday that Reach, its 50-50 network joint venture between with Australia's Telstra Corp, is interested in buying undersea cable assets in Asia. But Mr Li declined to comment on reports that Reach
      Reuters  -  243 words
    • Article
      Lock icon Worm that tracks typing on prowl
      402 21 Badtrans can send off passwords and credit card information Reuters [SAN FRANCISCO] An Internet worm that leaves infected computers vulnerable to hacking by tracking what is typed, including passwords and credit-card details, appears to have peaked, but is still spreading through users who have
      Reuters  -  402 words
    • Article, Illustration
      Lock icon Talk and click
      58 21 [NEW YORK] Jouni Kroger of Nokia holds his company's latest mobile telephone 7650 —at the Nokia Capital Markets Day in New York on Tuesday. On the display is a photo he just took with a built-in camera, and the photo can be sent over a wireless connection.
      AFP  -  58 words
    • Article
      Lock icon Pentium 4 supplies may fail short of demand
      194 21 Bloomberg [HONG KONG] Intel Corp, the biggest chip maker, said it may be unable to meet demand for the Pentium 4 processor as sales of personal computers show signs of rebounding from the worst slump since 1965. "People are beginning to see
      Bloomberg  -  194 words
    • Article
      Lock icon Apple joins fight against Microsoft deal to end cases
      338 21 AFP [SAN FRANCISCO] Apple Computer on Tuesday joined in opposing a settlement proposed to end private anti-trust suits against Microsoft, saying the deal would extend Microsoft's monopoly to the classroom. Apple CEO Steve Jobs said in a statement that the company
      AFP  -  338 words
    • Article, Illustration
      Lock icon A passionate lot and Apple to the care
      723 22  -  comment INFOTECH They make upJust 4 per cent of PC nsers but Apple users are notably devoted and protective. Wonder why kenneth james The writer is BT's Technology Editor TALK about being a lightning rod. Paul Chan, BT's head of new media
      723 words
    • Article, Illustration
      Lock icon 'Monsters, Inc' creator thrills investors too
      570 22  -  Stock up 19% this year while Dow entertainment index down 13.7% By Paul Chan IN Hollywood, producing four feature films in the last six years is not exactly a prolific record for a filmmaking company. In fact, it is almost a recipe for failure.
      Source: Bloomberg  -  570 words
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      439 19 c/ as s M/nrnWi V I and see the latest range of Int6l Products offered by our Intel Premier Provide^^L^aH Scratch Win and Year End Draw fcnam-spm Jm With every purchase of Intel® Pentium 4 Processor PC, Intel® based server or notebook and *1 Intel® Wireless Gateway or Access Point
      439 words
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  • Page 20 Advertisements
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      149 20 Oracle is always proud to be surrounded by winners. Last year was no exception. Oracle is proud to present these special awards to our partners for their outstanding performance in financial year 2001. Congratulations. V' jlj it Partner of the Year FYOI i 1 1 1 Uja PricewaterhouseCoopers 9 V\lll
      149 words
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  • Page 21 Advertisements
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      166 21 Where to wine, dine and entertain... """t 290 4545 i«n 11.—^L»'. yy<- mm jyCTjH !Mk Abu, "132 f Upy COOLEST NIGHTSPOT FOR A NOSTALGIC TIME Relieve the good old days with superb live entertainment brought to you ty our all new band, "The Velvets". Happy Hours: spm to 8.30pm. Monday
      166 words
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      Lock icon Page 21 Advertisements Column 2
      79 21 "fantastic value! I can enjoy salads. Ice cream, local desserts Ace ice kocang and tou suan, plus fresh fruit 4 «-iii for only i .Jw X* On order of any local or w»—>em delght from $6.90. J i *Al prices v i| M It m f KA Moo-fri: Lunch from
      79 words
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      Lock icon Page 21 Advertisements Column 3
      55 21 9k BbC^ Enjoy the romonce of dintng under the stars every Fridoy, Saturday Sunday when Mar-no Bistro transforms into Fishermen's Wharf Indulge m your choce of seafood anlled to pcfechor A selection of pastes and more, with fee flow of refreshing Cotomonsi |uk», lo complete the meal Only $25 00
      55 words
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      Lock icon Page 21 Advertisements Column 4
      18 21 «|\tt*ifl srrssrMl Spring Court M: 449 SO3M BWg&l BHB: 72Cl pccffl/ FREE aoe tackling pig braised abaloae j
      18 words
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      Lock icon Page 21 Advertisements Column 5
      165 21 **Vest frost Wine Cooler Made In Denmark IBM* BVKS6II f HH Single Solid Door jjSize(mm): 1550 x 595 x 595 I mUML Np. of bodies: 60 -80 $1290 fl IHH VKGSII (Single Glass Door) *«l— «D-W »14B0i VKSS7I (Sngle Glass Ooor) No. erf bates: 80-120 <***** VKGS7O (Douße Glass door)
      165 words
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  • Page 22 Advertisements
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      278 22 Of Apples and oranges, Pg 21 BpSF* 111 sh fIH r r IS A A W L Mr VMtt W IHBI 1 i i fm Now you can Iduilcl th 6 portdl {All that everybody's looking for. J Hi H fl ;i I fayHuJII I 1 oKEtima to ma*at And
      278 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      280 23 Reuters THE Baltic Dry Index (BDD rose three two points to 866, the Baltic Panama* Index (BPI) gained six points to 061, the Baltic Handymax Index was up one point to 6,728 and the Baltic Capesize Index (BCD was two points higher at 968. ♦Thalia *****5115 dwt dely
      Reuters  -  280 words
    • Article
      Lock icon MARITIME STOCKS
      131 23 CWTOMrttutMa—OSS 0.03 It 2S!Ss=rf3 SS 18 S3 °S IMC 5.60 well 0 JcviHoMtoqs O.W uncfl «J7 AM 3M AOS 005 2517 0J| until 0 NOt 0.19 -0.02 6025 —0_K> <J0» 9 H«*Cli»U L4S 0.02 2*H 0 M2 -0.02 0 33 o iwrtrilg 0l23 -an 174 CH0W*MC«r» L73 -0.03
      131 words
    • Article
      Lock icon S'pore may be first to offer viable TBT alternative
      613 23  -  NUS in MoU with US firm to research into non-toxic anti-fouling paints I )n exclusive By Beth Jinks [SINGAPORE] Singapore could be the first in the world to develop and commercialise an inexpensive, non-toxic alternative to recently banned tributyl tin compound-based
      613 words
    • Article, Illustration
      Lock icon QE2 goes eco-friendly
      55 23 [BREMERHAVEN] The Queen Elizabeth 2 (right) passing the cruise ship Norway in the dock of the Lloyd shipyard in Bremer haven, north-west Germany. Cunard Line's The Queen Elizabeth 2 is going through a reconditioning in Bremerhaven which will include getting an ecologically friendly painting to its body
      AP  -  55 words
    • Article
      Lock icon Icons chief pulls up ILO, IMO for seafarers' plight
      303 23  -  He says urgent action needed to prevent abuse of seafarers From Alec Almazan in Manila INTERNATIONAL Commission on Shipping chair- man Peter Morris assailed the International Labour Organisation (ILO) and the International Maritime Organisation (IMO) for their slow response to the
      303 words
    • PQRTShots
      • Article
        Lock icon Feeder charges to Chennai up
        108 23 [SINGAPORE] Feeder charges between Choanal and Singapore, Malaysia and Colombo have risen this week after congestion delays prompted six lines to increase their surcharges to USH2B per TEU. Reports indicate turnaround times at the port have risen to 18 days—up ftom 10-12 days at the
        108 words
      • Article
        Lock icon Rotterdam drops plan to raise fees
        129 23 [SINGAPORE] Planned Increases In port and quay dues at Rotterdam will not go ahead, the Rotterdam Municipal Council has announced. Charges were to rise 1.5 per cent in 2002—expected to generate an additional 3.6 million euros (555.9 million) a year— but the council decided
        129 words
      • Article
        Lock icon CSX boosts stake in ACT
        100 23 Reuters imjMVi ivuiMvij USX world Terminals LLC said it has increased its equity stake in Asia Container Terminals Ltd (ACT) by acquiring HK5242.34 million (5|56.6 million) worth of convertible shares from Pacific Ports HK Ltd, a 75 per cent-owned unit of New World Infrastructure (NWI).
        Reuters  -  100 words
    • Article
      Lock icon Stolt barge spills 2,000 tonnes of nitric acid
      240 23 Vessel catches fire and «jwk« daring discharging operation on Rhine [SINGAPORE] Almost 2,000 tonnes of nitric acid spilled into waters off Germany when motor tank barge Stolt Rotterdam sank during a disastrous discharging operation. The 1968-built chemical tanker was discharging the acid
      240 words
    • Article, Illustration
      Lock icon A$260m expansion plan for Sydney's Port Botany
      310 23  -  Volumes at box, bulk liquid terminal expected to donble in 10 years By Beth Jinks (SINGAPORE] Sydney's key container and bulk liquid terminal Port Botany is set to undergo a A $260 million (*****.2 million), 70 hectare expansion to handle an expected doubling
      310 words
    • Article
      Lock icon Hutchison unit to develop Yantian port
      206 23 Joint venture with Shenzhen group will operate third phase of port AFX-Asia [HONG KONG) Hutchison Whampoa Ltd said its unit, Hutchison Ports Yantian Ltd, has entered into a joint-ven-ture contract with Shenzhen Yantian Port Group to develop and operate the third phase of the
      AFX-Asia  -  206 words
    • Article, Illustration
      Lock icon There's money still to be made
      755 24  -  MEWBUILDS By] David Hughes NOBODY can doubt that these are tough times for virtually all sectors of the shipping industry. Worse is probably to come. The accompanying list reflects a generally subdued newbuildings market though some interest remains in products and chemical tankers. Nevertheless,
      755 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      143 24 PACE APPWWP S USA 6 B'tangMas 6 CMACGM 3 COSCO 3 Central Ei 6 CHneSfcpg 5 t Cougar ft CVTCtoMM 6 Defenas 4 DjaHUoyd 6 Dongnama 3 ECl 4 Evergreen 6 FoongSun 5 FiAai 4 Fujitram 6 Gemartran 4 H«ngli 6 Hyundai 4 Hcunq-A 3 Inter *sia
      143 words
    • Article
      Lock icon SHIPPING GUIDE
      13019 29 THEBUSINESSTIMES THURSDAY, NOVEMBER 29, 2001 EXPOPT Page 7 tin tio nuvanisar >nw voyage Telephone S4N Otit'n Name Nam* Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvoire 04/12 05/01 Detmas HYUNDAI DISCOVERY 305W 65 *****44 07/12 n/01 CM* COM NORASIA HAMBURG 140-0* 65 *****00 10/12 04/01 KienHung ACE CONTAINER
      13,019 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        702 31 iMMj Voy Mo Bwth jwjgj Dtparti JM|hrt Mahsarl *****9 JIZ nfflmx h Fa lm moi jm wma 28/11/20** ten** S« 1 J25 28/1I/9JS 28/H/1U0 saty« OI-JM J03 za/rv»35 a/vn-M n*K i sssm J03 2i/n/7« 20/11/22# Am Ik ZBK JM Zt/H/MO 29/n/fcOO KMVfrfa MM JB 20/11/1:50 29/n/KWO r*TMi« MOM
        702 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1601 31 RECEIVING OF EXPORT Fa CONTAINERS ANO LCL CAROO Booting/Manet tstls SWp Voy Mo Etfc/Btr Hrio4 Frwa To froa *a sucuu 02« vmo n/boo vnm vmo a r. ttoc .••.ifcM iMNo .1 .""X ■•I'JtM -io*x J .tra iVW :1.14a 4 am MI wnoo •a saw 4M mm n/aw ztnm
        1,601 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        129 31 WniiMln ao Philippines: Bonifacio's Day Dinrtirt Finland: Independence Day Argentina; Immaculate Conception Italy: Immaculate Conception Brunei- Hari Raya Puasa Malaysia: Hari Raya Puasa Indonesia: Hari Raya Puasa Himwfc ir IT Malaysia: Hari Raya Puasa hiiwlWH Japan: Emperor's Birthday DinilwM US Kingdom: Christmas Day United States: Christmas Day Malaysia:
        129 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        785 31 THIS report compiled by Cockett Ma rlna Oil Ltd. shows price range* In US dollars Instead of single prices for a more comprehensive description at the market Prices shown are baaed on averageslsed stem- Market movements are indi cated The Cockett Bunker Price Index change and
        785 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        374 31 Carta. MO Ha 903 3 03 a7 0.05 41 0.03 Na« 22 DawKy Water NsMw liWit Ho *ova E25 0 0 0 0 0 0 4HM 300 Aw 9073 03 143 0.06 3) 102 bx 300 Ma 990 8 03 K.7 0.00 M 0.04 My %H/H
        374 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Asian airlines chalk up a record year for safety
        561 32 But most seen losing money in next 2-3 years, even high-growth China AP [HONG KONG] Asian airlines have enjoyed one of their best years ever in terms of aviation safety, though that seems the only good news for the industry, with
        AP; FILE PHOTO  -  561 words
      • Article, Illustration
        Lock icon United, American planes fuller over holiday weekend
        441 32 Bloomberg [DALLAS] UAL Corp's United Airlines planes were almost 90 per cent full yesterday, one of the busiest travel days of the year, and American Airlines and TWA said their jetliners were 68.7 percent full over the extended Thanksgiving holiday weekend. Several airlines
        Bloomberg; REUTERS  -  441 words
      • Article
        Lock icon Boeing lays off 2,900 workers
        264 32 La test cots boost number retrenched to 14,900 Reuters [SEATTLE] Boeing Co announced 2,900 job cuts, boosting its total since the Sept 11 hijack attacks to 14,900 or nearly half the 30,000 jobs it has said it could cut by the end of 2002. The
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          Lock icon European airline traffic falls again
          117 32 Bloomberg [BRUSSELS] European airline traffic tell more in the week ended Nov 18 than it did fee previous weak, reversing a recovery in travel from the Sept 11 attacks on the US, the Asportation of European Airlines «akL North Atlantic traffic fell 30.5 per cent,
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          Lock icon Rolls-Royce wins new partners
          71 32 Reuters [LONDON] Rolls-Royce pic, the world's second biggest civil aeroengine maker, said that four ftirther leading industrial and transport firms would partner the company for its key Trent 900 aero engine programme. It said that Italian auto manufacturer FiatAvio, US aerospace groups Goodrich Cocp and Hamilton
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          Lock icon Air Canada profit turns to deep loss
          86 32 Reuters [MONTREAL] Third-quarter profit turned to a deep loss of C 54.97 a share at Air Canada after it wrote down Cs4lo million (*****.5 million) of intangible tax assets, the company said. In raleeslng its final results for the period. Air Canada Bakl
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        Lock icon Air France plan to lease planes will save 400m euros
        423 32 Bloomberg [PARIS] Air France SA, Europe's third-largest airline, will save 400 million euros (***** million) in the fiscal year ending March 31, 2002 by arranging to lease instead of buy eight Boeing Co and Airbus SAS planes. The company disclosed
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        Lock icon Korean Air's Nov traffic up
        187 32 Bloomberg [SEOUL] Korean Air Co said it filled more of its seats on international routes in the first 22 days of November as air travel demand began to recover after the terrorist attacks in the US. Korea's biggest carrier filled about 67.3 per cent of
        Bloomberg  -  187 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1419 32 on mn cu mm n» MBBto IA73B mo M7X2 2080 w w mt urn Mtlftoa SOB 0*55 6M74 000 MB 549 BJM 2300 mm am mm SM47 QUO SPB as III iMllH H242M 2020 U«t9 2049 ■tonto W W» ISarttofMM 8421 BOO SOW 0105 SOW MB
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      566 24 CI NORTH AMERICA |f|| GULF/INDIA SUB-CONTINENT NwiwmiPWMl -i Ss" is '5; "Si Sir I isT,,' i OOQMMMCA MW47 2J/11 U/ll HO NBUOY# PMANA OS M/ 11 M/ 11 #1/11 M/ 11 htm ihi iwiistfttxi j m«n»rmutu m m/ii mm |mm u/u rasa 1 wr 1 w 1 not I rrc
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      592 24 lin riprwanlßd by (sMSSSk* M*nb«rs of lU Registry of MwnUrj of th« Accredited Shipping Aganfe, Singapore Logistics Singapore Shipping Anoocrfion Assocx*on jvnsa vor ru r ~ni Tfu jr. UAN6 SPOKE MALI I, PrinossLity VO9Ol 14/12 15/12 22/12 j Empress Lily VOlO2 04/01 05/01 12/01 l; J Princess Lily VOlO2 22/01
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      704 25 TO USA (SAX SERVICE) W«L VQT SIN El* LAX OAK ML HOU CHI COt MM ATI NTC Aft HOIIAND 1041 05/12 20/12 24/12 25/12 25/12 25/12 24/12 25/12 27/12 27/12 Art ENGUND 1041 12/12 27/12 01/01 01/01 01/01 01/01 02/01 01/01 03/01 03/01 ArtfCAKt ImT 19/12 03/01 00/01 00/01 00/01
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      1804 25 TO HAIFA J T/T iIS »ATS 1 mum > i/t* it mts I w man i t/t 111 mn J GENERAL ASENTS M SMGATOttT M ROMNSON 10 *12-00 SAUS/MGS TEL 4JOS*S7/*3 HI: 23*5371/71 jjUTM MM i I* 07-JS3I tt* S°i T^^ MM6 m ITO aSSM? 332 SSSS& £S~ t* m*.
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      1184 26 HMNE= HYUNDAI MERCHANT MARINE CO., LTD. iwssa vot isw i sou i» no a«t hao |mv [wssa |vov sou li* rai I ant has Imv at ItfisMmrrx iosw 22/11 11/12 is/12 12/12 is/12 *i*« »/io m/ii si/io oi/ii 22/11 aaaosa s«w 21/11 14/11 is/11 u/12 11/12 hthdbai m M/ 11
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      650 26 ■LAfIMAC-NELS S PORE M'SIA Carrier MM COWTR UNES, INC >.<*»««: <ot)»«7» \zJ j*- 1 1 (084) *****8 MANLA: (832)*****24 PPUWQ: jD4)2W463< BANGKOK: (882) *****87 SURABAYA: (31) *****11 <03) *****77 JKTi (21) *****46 KUCHWQ (082) *****1-3 SHANGHAI FEUXSTOWE MV "OOa FRANCE V.04E46 MV "HANJM BREMEN" V.058W ETA SIN: OS-12-2001 ETA SIN:
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      480 26 WEEKLY EXPRESS SAILING SCHEDULE WESTOUOTftCOUMM)A NKAVASHEVA(CFBMULUNO MUMBM) ALSO AfISFTM TD Mi NORTON MO MESTBM CO POEfTS NUB —iit™r I TMEMI lIIKMMM WHM WOMB ouroust mil 3 k iik wk mtm mmS ttinm m MB BH lIOK lIK H K HMD mmt SKMTIIO rH ■uumohes turn UK »k li mttm mccmvhb
      480 words
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      2721 27 i IFr^l UK CONTINENT SERVICE Loading tor OCEAN HOST RDM/ATW/BMN/UK/LPt. l-oads Smgapore E7W WxJooesa MIDDLE-EAST SERVICE Loading for MADRE DBI/ABU/DOH/BRM/DMM/KWT OKTEM AKSOY AQA/JDH/TRP UON GLORY DBI/ABU/DOH/BRN/DMM/KWT FAVORITA JDH/AQA/DMT/TRP/TAR ALIKRATOR JDH/AQA •Loads angapore. E7W. Malaysia. Indonesa USA SERVICE Loadng tor ULYSSES II CAM/NFK/SAV/NOL CALYPSO N CAM/NFK/SAV/NOL 'Loads E7W. Malaysia. Indonesia F.E./S.E.A.
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      973 28 EUROPE /UK/ SCANDINAVIA EXPORT wssa/wwa 1 sgt I mm] m wv thp zh ihv pupssboisohw <g/i; ayi2 22/12 ZVI; EV9 OflUfi WWHW23 OVI2 21/12 22/12 2V12 2V12 27/12 PIMWIOI34OSOW 09/12 27/12 29/12 3V12 BBMf WWBKIU Wl2 2M2 29/12 31/12 (g/01 jO^DI lAST AND WIST MiOITBMANiAN/BIACK SEA EXPORT VESSEL/VOYAGE [sSp'llßA gna
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      359 28 tkHIWfIWHIWi AJIAMAN PBtSAN OU//N9UN SUN OONTNNT SBTVK3 IXPORT VBSH VOWGE SGP CM GUI OMN M «V AM JB> UM m ITS* 3MI 11/12 IVI2 17/12 INAKAD 003W55* Od/12 IJ/12 15/1217/12 w«Mon mum 04/12 M/ 12 ivij ivi2 SMRHMNK 177W 0/12 WWII *12- UMPHOOC 0035-006W IQ/1? HVTJ 2V12 UN PREMIE! OWMO7W
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      802 28 vOOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA 'CAR RORO HEAVYUFT SERVICE" Vtssa VOT 8 AMP ~HIIGOT SIX I IX' I MAO IMA SAV Ml OU NYC MtW MQB TOUtCOING AMI 24 400T«» 6.3 M 11/12 19/01 22/01 24/01 26/01 27/01 "M/OT 02/02 04/02 TAPKXA AH2OI 4001 ms 6.3 M
      802 words
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      54 28 0 HANGLI SHIPPING WRECT REGULAR SERVICE JAKARTA SURABAYA JAKARTA 29/11 29/11 P KALIMANTAN 07/12 07/12 P SUMATERA 10/12 10/12 PJ(MJMWKTW4 17/12 17/12 P SUMKTERA SURABAYA 29/11 29/11 SHAfWON EXPRESS 07/12 07/12 SHMMM EXPRESS 10/12 10/12 PULALI NANAS 17/12 17/12 SHAW FURYU Owners UNITED SHIPPING ORGANISATION FT. INDONESIA SHANNON SHIPPING CORP.
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      587 28 BSA 4 MYANMA FIVE STAR UNE (Myomar Notional Um) Loading for Ycmjoa vessel vot sm m ra tm HFA-AH 2ltW SU memo la aw sir BALATSU AGQnV ooustead smtpmg agencies KUL IH 03-*****300 Kl: IH 03-*****101 ro«: m 04-*****02 rah m 07-*****21/4 BANK LINE (A service of Andrew Wtk Skipping)
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  • Page 31 Miscellaneous
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      118 31 Issued by Meteorological Servloe^ngapof* K Thunderstorm Showers Rain ur r\ Wind direction and speed in knots Cloud, v n U lymboll S». Conation. O Full circle w/o line indicates calm or light and variable winds j f j Slight *1 2m J—One half fleche repreaents 5 knots Eailll Moderate 12m-
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