The Business Times, 2 January 2002

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Microfilm: NL23872
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MfTA (P) 107/03/2001 esc SINGAPORE I Internet: http://business-times.asial.com.sg/ WEDNESDAY. JANUARY 2. 2002
    15 words
  • Article
    Lock icon FINANCE
    73 1 FOBBX BATES l T 8S SS DBS {SS par CSS) L860 £(USS/SSper£) L4M 1683 EURO(USS/SS/EJ. 1864 Ltti DM 2114 1.196 YEN ISL4 7LM BX 1800 1064 BKS 7.717 4114 BAHT 4118 2188 RUPUH 10,400 MSI PUKE SATES SINGAPORE* il» KUALA LUMPUR MO HONG KONG klii JAKARTA S9.00 TAIPEI 171
    73 words
  • Article
    Lock icon Fund managers bullish on European, US stocks
    650 1  -  But will their views from survey prove right this time? From Neil Behrman in London GLOBAL fund managers are overwhelmingly bullish about stock market prospects in the US and Europe, a survey by Wall Street firm Merrill Lynch has found. The survey, which
    650 words
  • Article
    Lock icon 'Biotech King" looking to use S'pore as Asia launchpad
    727 1  -  Founder of a stringof biotech firms in Europe keen to work with S'pore investors By Anna Teo [SINGAPORE] One of Europe's most successful biotechnology entrepreneurs is looking to use Singapore as his launchpad into Asia. He is Christopher Evans, popularly dubbed
    727 words
  • Article, Illustration
    Lock icon Europe rings in its new currency
    42 1 [FRANKFURT] Fireworks illuminated the sky around a huge euro sculpture in front of the headquarters of the European Central Bank in Frankfurt yesterday as Europeans formally launched their single currency at the stroke of midnight. REUTERS
    REUTERS  -  42 words
  • Article
    Lock icon JTC cuts rents, prices by up to 17%
    678 1  -  Net allocation of ready-built industrial space recovers in Q4 after 3 quarters of falls By Vince Chong [SINGAPORE] JTC Corporation has brought some cheer to industrialists in the New Year. It has cut the posted prices and rents of most of its
    678 words
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    • Article
      Lock icon Europe marks euro launch with a bang
      549 2  -  Pro-euro politicians in Denmark, UK and Sweden vigorously argue for joining new single currency From] Neil Behrman in London EUROPE'S new single currency the first since the end of the Holy Roman Empire about two centuries ago was formally launched at the stroke
      549 words
    • Article, Illustration
      Lock icon Technology, Japan and US$
      898 2  -  jfii m npKw>nKi sbt bsubb fob vulbxbt I By Bartan Biggs, Byron Wian,Phil Reth THE year 2001 surprised many investors in that the market did a lot worse than expected, and you can't really blame Sept 11, as the market has recovered all of its post-Sept
      898 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Value of stocks traded falls 22.5% last year
      462 3  -  Sesdaq the worse performer, with 53% drop; main board slides 2L3% By, Andrea Tan THE total value of stocks traded last year fell 22.5 per cent to $132 billion, a sharper fall than the 12 per cent decline for the year 2000.
      FILE PHOTO  -  462 words
    • Article
      Lock icon Wall St returns are good, bat watch China
      893 3  -  |M.ock,iew| teh hooi ling HERE'S a sobering fact. If you had invested $1,000 in the Singapore stock market in 1985, and taken the Straits Times Index as a proxy, your money would have grown to $2,613 today. But the same $1,000 invested
      893 words
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      Lock icon Page 3 Advertisements Column 1
      211 3 J VBT v 5 I^^ Now you can enjoy sound and vision entertainment wtth the Bosd* Lifestyle* 30 r Interest which comes together with the Loewe Aconda 9372 ZP and a Philips DVD Q5O player. PtSKHIS9t V^^PSBH Bose Lifestyle* 30 Series II Home Theater System The Bose LS-30 featuring rich
      211 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Jobs issue will continue to take centrestage on political scene
      967 4  -  OUTLOOK EliTiEl Government will have its work cut out trying to manage changing times, expectations By( Chuang Peck Ming THE recession in Singapore, worsened by the Sept 11 terrorist attacks in the US, has not only dictated the course of
      FILE PHOTO  -  967 words
    • Article
      Lock icon Quotation of Singapore Government Stocks (December 31, 2001)
      264 4 BOCATNE NUMW MDOLE PRICES OtOSS MATURITY YSARfMSH) COUPON AMOUNT INTEREST OF DAYS OF (EXCLUDING REDEMPTION RATE PAYMENT ACCRUED ACCRUE) f YBJD ISMCOOE (%PA) DATES WTEHEST INTEREST) (1W( 15.*****2 UmTt 1982 61/4 5650 15/4 15/10 77*" ***** OLlT 1 15.*****2 WaOOKMH 8000 27/8
      264 words
    • Article, Illustration
      Lock icon Nov money supply up in 4th straight month of growth
      246 4  -  on the economy money supply Byi Andrea Tan SINGAPORE'S money supply, measured by the broad monetary aggregates M 2 and M 3, continued its gains in November, making it the fourth straight month of growth. Latest figures from the Monetary
      Source: MAS  -  246 words
    • Article
      Lock icon Tougher to choose the right stocks
      96 4  -  Leong Sze Hian Singapore I REFER to the letter "Danger is that index may not reflect market" by Narayana Narayana (Mail bag, Dec 25). Recent data seem to show that a smaller number of stocks are responsible for a major proportion of the market's
      96 words
    • Article, Illustration
      Lock icon Smarter not to invest in equity funds
      236 4  -  MAILISTTT] Lim Chee Wei Singapore I REFER to the article "Uninvested CPF funds come up to more than $60b" (BT, Dec 17). The financial community has a vested interest in promoting equity and funds because they are selling them. The 8 per cent
      FILE PHOTO  -  236 words
    • Article
      Lock icon Better to keep CPF untouched
      182 4  -  Khoo Ah Ang Korea I REFER to your article "Uninvested CPF funds come up to more than $60b" (BT, Dec 17). The media has been over enthusiastic in advocating the views of unit trusts, insurance companies and investment funds managers on uninvested CPF funds. These
      182 words
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      84 4 v including lawyer chartered accountants fIL Co, r) ln rm,l?lOn in 111 ,r m '">J r > r 'OA i,- «g»;tiagri>ef*4iby h H m .Tr .IX. ~~Tf Incorporation Foes from USSSOO The world's '.ipnhw* *>» >*.•> ».••.< Fcr :r r V, .off ,r proc- 1 'c i"iroe n^-nr, leading >,
      84 words
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      123 4 The Internationally recognised program for Investment/Financial Professionals A The Chartered I p/\ Financial Analyst™ I Awarded by AiMR Association For Investment Management and Research U.SA Level I, 11, 111 Starting Soon Enrolment is on first-come-first-serve basis Benefit* of CFA™ BL/ i2tt Em P °y ers understand the rigor of the
      123 words
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      44 4 W9¥*»lcormt9tt»n.E-maMußatbtl9n*Oaphc€wnm or fax usat *****71, or writ* toe The Butkmn Tim—, 71mm Houoo, 390Kim Song Road, Singapore *****8. WonoodyourMinonto,oddraasandtotaphon§ number, so wo con verify ttemmo from you. Ptommum (kiejw ifi fcwpiMpi. onrt hoorln mlrtfl thotlowa, M% reserve inengmrosetecimrers tot puoocmDonmno to moke odUng chongoo.
      44 words
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      314 5 CHAIRMAN 4 CHBfIXfCUTTVf Of Fid* f 8o Rtflta Ptoct. #06-00, DOB Plan l, Singapore *****4 I II I am pleased to announce that today United Overseas Bank (UOB) and Overseas Union Bank (OUB) become one legal entity: On behalf of UOB, I extend a very warm welcome to customers and
      314 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon China's ready to move to centrestage
      800 6  -  jar OPINION frank ching The writer Is a Hong Kong-based journalist and commentator THE year 2001 has been a good one for China It won the right to host the 2008 Olympics, which should lift the country's status; after 15 arduous years of negotiations,
      800 words
    • Article
      Lock icon IN OTHER WORDS
      26 6 'I just better get out of here quick.' Hew T«* Majw QMfcd on his last day on Monday after eight years in office.
      26 words
    • Article
      Lock icon Staying realistic in 2002
      592 6 EDITORIAL AN estimated 2 per cent fall in gross domestic product (GDP), as disclosed by Prime Minister Groh Chok Tong in his New Year message on Monday, wouldn't be too bad a performance for the year just past —if not for the serious 7 per cent
      592 words
    • Article, Illustration
      Lock icon Back-to-back losses erode faith in stocks
      1037 6  -  Many stocks still trade at historically expensive levels relative to companies' underlying earnings potential Byl Tom Petruno Kathy Kristof LAT-WP A STRONG rally since the Sept 11 terrorist attacks couldn't save the US stock market from recording its second consecutive losing year in 2001,
      LAT-WP; AP  -  1,037 words
    • Article
      Lock icon Here comes the euro
      724 6 BOMMEMTARY Bangkok Post, Jan 1 AS of yesterday, the same coins and banknotes can be used to buy a cup of coffee and the morning paper in Amsterdam, Lisbon, Helsinki, Naples, Dublin and Dresden. The franc, mark, lira and other currencies are disappearing, vanquished by the
      Bangkok Post, Jan 1  -  724 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Dr Mahathir expects growth to be 3% this year
      578 7 AP Bernama, AFP [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday predicted economic growth would accelerate to 3 per cent this year after a sharp slowdown in 2001. "We believe that we may achieve a growth of 0.5 per cent to
      AP; Bernama,; AFP  -  578 words
    • Article
      Lock icon Foreign airlines eye MAS stake: Dr M
      407 7 KUALALUMPUR Bernama MALAYSIAN Prime Minister Mahathir Mohamad said a few foreign airlines, including those from Europe, have shown interest to acquire stakes in Malaysia Airlines (MAS). Dr Mahathir, who is also the finance minister, said the government has yet to make a decision
      Bernama  -  407 words
    • NOTE Book
      • Article
        Lock icon Investors hold back selling unit trust
        96 7 Bloomberg [MUMBAI] Unit Trust of India investors held back from selling their investments in its flagship US64 plan as the country's biggest mutual ftind yesterday lifted a six-month partial freeze on redemptions. State-run Unit Trust, which has 20 minion investors, offered to pay investors
        Bloomberg  -  96 words
      • Article
        Lock icon Manulife buying into Vietnam unit
        79 7 Reuters [HANOI] Canada's Manulife Financial said on Monday it had agreed to purchase the stake in a joint venture in Vietnam held by a Taiwanese partner, making it the sole operator of the business. Manulife said the agreement to purchase the shares Taiwan's Chinfon Global
        Reuters  -  79 words
      • Article
        Lock icon India to boost phone penetration
        46 7 Reuters (NEW DELHI} India plans to add 10 million fixed-line and mobile phones in 2002 in a bid to boost telephone penetration in the country which has just around four phones for every 100 people, its telecoms minister said on Monday.—Reuters
        Reuters  -  46 words
      • Article
        Lock icon Foreign maids in HK make appeal
        101 7 AFP [HONG KONG] Thousands of foreign domestic workers took to the streets of Hong Kong yesterday in a bid to persuade the government not to carry out a planned cut in their minimum wage. Some 4,000 maids, mainly from the Philippines, rallied in Chater
        AFP  -  101 words
    • Article
      Lock icon China tightens rules on publishing
      297 7 BEIJING Reuters CHINA announced new rules for the publishing sector on Monday, as the ruling Communist Party maintains a tight grip on the mass media in the world's most populous country. The rules, which go into effect on Feb 1, ban published material deemed harmful
      Reuters  -  297 words
    • Article
      Lock icon M'sia, Schiphol extend airport sale talks again
      449 7 KUALA LUMPUR Deadline is March 31; M'sia Airports to sell 30% stake Bloomberg MALAYSIA said it has extended a deadline for agreement on the sale of a 30 per cent stake in its airport operator to Schiphol Group, as it seeks more time
      Bloomberg  -  449 words
    • Article
      Lock icon Blasts hit 4 churches in eastern Indonesia
      253 7 JAKARTA Reuters EXPLOSIONS rocked four churches in Indonesia's Central Sulawesi province while a separate blast hit Jakarta yesterday killing one person, police said. Central Sulawesi police spokesman Agus Sugiyanto said three large blasts occurred simultaneously outside churches in Palu, capital of volatile Central
      Reuters  -  253 words
    • Article, Illustration
      Lock icon Taiwan marks WTO entry with pledge to up China ties
      518 9 TAIPEI President Chen says time of confrontation has long gone Reuters TAIWAN marked its official entry into the World Trade Organization (WTO) on New Year's day with a pledge by President Chen Shui-bian to develop what he called constructive cooperation
      Reuters; REUTERS  -  518 words
    • Article
      Lock icon The year of the upturn for Asian stocks?
      704 9 2002 HONGKONG US recovery will bring life back to the export sector AFP Reuters ASIAN share markets mostly limped through 2001 but some analysts see hope for an upturn this year as an expected recovery in the US economy breathes life back
      AFP; Reuters  -  704 words
    • Article
      Lock icon India won't top 5% growth: industry group
      319 9 Bloomberg [NEW DELHI] The Indian economy won't grow faster than 5 per cent in the current financial year, hurting plans to raise tax revenue, company profits and boost fresh investments, the Confederation of Indian Industry said. The growth won't be enough to prevent
      Bloomberg  -  319 words
    • Article
      Lock icon Hint of thaw in India-Pakistan row
      421 9 NEW DELHI Reuters, AFP, Bloomberg, AP THE new year brought signs of a thaw in the dangerous row between nuclear rivals India and Pakistan yesterday when New Delhi offered talks if Islamabad abandoned its "anti-India mentality". The hint of a thaw between the two
      Reuters,; AFP,; Bloomberg,; AP  -  421 words
    • Article, Illustration
      Lock icon Jiang warns of hardship after banner 2001
      462 9 BEIJING Reuters CHINESE President Jiang Zemin marked New Year's Eve on Monday by counting the blessings from a banner year that saw his nation nab the Olympics, win WTO membership and host a successful Asia-Pacific summit. But looking ahead to 2002, Mr Jiang
      Reuters; Xinhua  -  462 words
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      59 7 Battle of the top 1 cLci lit M! 50th anniversary Land Cruiser" This Is a limited edition, I IC^CA so please order your copy early! UOvPOu 4x4Magazine (Singapore Address: 33 Mosque Street *03-00 Singapore *****1 (plus postage) AM cheques are to be made payable to "4x4MAGAZINE (SINGAPORE). Enquiry please call
      59 words
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      58 8 cgu BICS THE INSURANCE CORPORATION OF SINGAPORE LIMITED Under One Roof CGU ICS have moved to /jfIHJ SGX Centre 2. jfjUU I We'd like to take this opportunity to wish all our valued policyholders and business partners imHt a Happy New Year. We look forward to continue serving you the
      58 words
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  • FOCUS euro
    • Article, Illustration
      Lock icon Will euro live up to promise?
      1516 10 The new currency has fallen considerably short of expectations that it would be a dollar-beater IHT [PARIS] f URO starts out with challenge to dollar's w I 1 hegemony.' MA Hegemony? Not your punchiest I headline concept. I I Sex tapes or a wife
      IHT; REUTERS  -  1,516 words
    • Article
      Lock icon More than a change of coins
      720 10 NYT [SAARBRUECKEN, Germany] Here in Alsace-Lor-raine, where French and German blood once spilled with gory regularity, the borders are gone, and, starting yesterday, a single European currency began to commingle in people's pockets. Some euro coins carry the German eagle, some the French tree
      NYT  -  720 words
    • Article
      Lock icon Duisenberg in no hurry to step down
      433 10 Bloomberg [BRUSSELS] On Monday, a day before euro cash arrived for 800 million Europeans, policy-mak-ers again sparred over when European Central Bank [ECB] president Wim Dulsenberg should step down. Mr Dulsenberg said on the same day that the decision on when he will
      Bloomberg  -  433 words
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      696 10 I 1 I I T IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 WATER COVE NETWORKS (8) PTE LTD MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Mooting oftha Company convened and held at 285 Billerlca Road. Chelmsford, MA *****, USA or the 28 December 2001, the following resolutions were duly
      696 words
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  • WORLD news
    • Article
      Lock icon Tough times for US mutual funds
      703 11 NEW YORK Bruised firms court wealthy clients, make forays into hedge funds Reuters THE huge US mutual fund industry is facing a mid-life crisis. After enjoying years of booming growth when individual investors flocked to mutual funds, performance has plunged, disenchanted investors are pulling
      Reuters  -  703 words
    • Article
      Lock icon Wall St only too glad to see the end of 2001
      746 11 NEW YORK Plunging stocks, recession, terrorist attack cap a horrible year for the US bourses AP THERE won't be any fond farewell to 2001 for most investors, who are only too happy to put the painful and difficult year
      AP  -  746 words
    • Article
      Lock icon Business falls 15% for Wall Street's investment banks
      497 11 NEW YORK M6A business down by half to USSL7 trillion NYT SO who suffered the least? For 2001, that is the measure by which Wall Street banks may have to measure their performance. Indeed, with the economy and the stock market in
      NYT  -  497 words
    • Article, Illustration
      Lock icon Another Peronist favoured for Argentine presidency
      554 12 BUENOS AIRES Ex-Buenos Aires governor appears to have wider support than Rodriguez Saa AP, Bloomberg ARGENTINA entered the New Year with an economy near exhaustion, an angry public, a new caretaker president and feuding lawmakers working to pick a fifth leader in two weeks.
      AP,; Bloomberg; AP  -  554 words
    • Article, Illustration
      Lock icon Bloomberg sworn in as New York's 108th mayor
      479 12 NEW YORK NYT WITH US flags waving and confetti falling, a visibly moved Michael Bloomberg was sworn in early yesterday morning in Times Square as Niw York's 108 th mayor. Mr Bloomberg, a billionaire businessman and political novice, now inherits the responsibility
      NYT; REUTERS  -  479 words
    • Article
      Lock icon US forces on mission to capture Taliban chief
      431 12 KABUL AP, AFP AMERICAN forces have launched a mission to capture the leader of Afghanistan's deposed Taliban, probably from the mountains north-west of his Islamic movement's one-time stronghold, the Afghan interim prime minister said. Pentagon officials confirmed Monday that a mission was
      AP,; AFP  -  431 words
    • Article
      Lock icon AOL glitch blocks Harvard admissions office's e-mails
      239 12 BOSTON AFP DOZENS of e-mail messages telling Harvard University applicants whether they had been admitted never arrived last month after America Online interpreted the messages as junk e-mail. "This wasn't exactly the instant response we intended," William Fitzsimmons, Harvard's dean of admissions and
      AFP  -  239 words
    • Article
      Lock icon Americans see brighter outlook for year ahead: poll
      615 12 WASHINGTON But they also fear higher risk of terror attacks AP, AFP A MAJORITY of Americans believe the country is headed in the right direction and that their own finances will get better, an Associated Press poll says. But they also fear
      AP,; AFP  -  615 words
    • Article
      Lock icon Telco bonds expected to turn in highest gains
      488 12 London Bloomberg PHONE companies such as BT Group Pic may show the biggest gains among international corporate bonds this year as they sell assets to cut debt after issuing a record US$ll5 billion of bonds last year, investors said. "It seems as
      Bloomberg  -  488 words
    • Article
      Lock icon Tech stock Nvidia topped S&P 500 in 2001
      491 13 NEW YORK The chip-maker for Microsoft's Xbox saw its shares more than quadruple Reuters IT'S hard to believe, but Wall Street's big winner of 2001 was a technology stock. Nvidia Corp, which makes graphics chips for Xbox, Microsoft Corp's popular game system,
      Reuters  -  491 words
    • Article
      Lock icon Qwest upsets privacy advocates
      230 13 m NEW YORK It sends tat pamphlet describing hew it will use easterner's personal data NYT SOME customers of Qwest Communications are angry over the latest mailing from the company. The company recently sent its customers a pamphlet similar to those distributed by financial institutions, describing
      NYT  -  230 words
    • Article
      Lock icon Americans face higher long-distance phone rates
      413 13 WASHINGTON LAT—WP AS Americans ring in 2002, many will also discover they will be ringing up higher long-distance telephone bills. The nation's largest long-distance phone companies are quietly hiking their rates, with some increases starting yesterday, some next month. In some cases, the increases
      LAT—WP  -  413 words
    • Article, Illustration
      Lock icon Konichiwa Vienna
      32 13 [VIENNA] Japanese conductor Seiji Ozawa leading the Vienna Philharmonic Orchestra at the New Year's Day concert in Vienna yesterday. He was also introduced as the orchestra's new music director AFP
      AFP  -  32 words
    • Article
      Lock icon Internet job cuts slow down in Dec
      172 13 NEW YORK Reuters INTERNET companies in December announced the smallest number of monthly job cuts in the past lvt years, as the heavy downsizing that hit the industry after the technology bubble's pop abated, a report said on Monday. Challenger, Gray Christmas, a
      Reuters  -  172 words
    • Article
      Lock icon Reject Microsoft's request for delay: nine US states
      277 13 WASHINGTON Reuters NINE states pursuing tougher sanctions against Microsoft Corp for antitrust violations asked a federal judge on Monday to reject the software giant's request for a delay in remedy hearings. Microsoft asked for at least a four-month delay last month, saying
      Reuters  -  277 words
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      2040 11 To •iTcrttoccaflfn-free IMP 239 8822/fa—il rccr«tts»—li li The following assets of a company which manufactures computer drawing/ writing tablets are available for sale on an *as is, where a? basis: Intellectual Properties Patents: Pen input technologies Technologies: Web-write and large-sized PDA Computer Servers, PCs, notebooks, printers, logic analyser, signal oscilloscope,
      2,040 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      215 12 CRYPTIC CROSSWORD 1 Trifling amount for hen to 15 Bell-bird near another emp--22 Connoisseur encountered —LJ—LJ LJ— 25 Wrong person found sec26 Faulty ruling at rugby (4-3) 27 SUPP ftS hIS current learning (11) 23 Shy cast (5) 8 Ceremonial procedure reg- YFQTPQnAvc em iitwj down ularty followed (6) YESTERDAY'S
      215 words
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      547 13 Where to wine, dine and entertain... T essga- fitt aJSs The perfect time to relax and unwind Happy Hour «t the Garden Terrace poolside bar With our buy-one-get-one-FREE* special from 5.30pm 7.30pm (Monday Friday), you'll want to raise your qlass to our wide selection of concoctions. Better still, bring your
      547 words
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  • FOCUS biotechnology
    • Article, Illustration
      Lock icon Money-driven biotech man looks for next big break
      1454 14  -  Christopher Evans, chairman of specialist venture capital group Merlin Biosciences, unabashedly describes himself as 'money-driven'. He tells Amu no why it is so important to woo smart money in his line of work ANNA TEO AS a boy, all he wanted was
      CHRIS LOH  -  1,454 words
    • Article
      Lock icon Merlin Biosciences aims high
      453 14 THE team at Merlin Biosciences believes the company will become one of the greatest venture capitalists in bio-medicine and "ultimately, in the world", says chairman and founder Christopher Evans. Founded in 1996, the London-based group supports biotechnology firms from start-up, through pre-IPO and post flotation. It
      453 words
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      115 14 "...Scores with its well-written score..." The Straits Times "...Spectacular scenes that should not be missed..." TODAY J»% i 111 i .Ji v •4«*3 .a 1 J y..:^gT i JIIDAH REN-HUR An Epic Musical from Epic Entertainment Catch The World Premiere in Singapore Tickets from $40 Tin l.h.fxn Comfs to St/u;f
      115 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Liner shipping in for rough weather in year ahead
      610 15  -  Rotterdam expects rates to plnnge underpressure of overcapacity, economic malaise By Beth Jinks [SINGAPORE] The container trade faces an even worse year in 2002, according to Europe's busiest port, Rotterdam, which suffered a 2.4 per cent drop in throughput from 6.3
      FILE PHOTO  -  610 words
    • Article, Illustration
      Lock icon Small ship, big haul
      45 15 [BREST] French investigators standing on the deck of the ship that was boarded by French customs officers off Ouessant in Brittany on Monday. Officers seized 1.2 tonnes of cocaine on board the ship. Two Brazilians and one Irishman were arrested. AFP
      AFP  -  45 words
    • Article
      Lock icon Our's better, Carnival says of Princess bid
      281 15 Roy&l Caribbean's rival offer a 'poison pill'deal with Princess board Dow Jones [MIAMI] Carnival Corp, the world's largest cruise concern, reiterated that it believes its rival proposal to acquire No 3 P&O Princess Cruises is "clearly superior" to Princess's planned merger with Royal
      Dow Jones  -  281 words
    • Article
      Lock icon PSA faces delay in Belgian port venture
      418 15  -  Environmental laws delaying it from finalising major stake in HNN By\ Beth Jinks [SINGAPORE] PSA Corporation will have to wait a little longer to take its majority stake in Belgium's port operations due to ongoing environmental problems, those behind the deal revealed on
      418 words
    • Article, Illustration
      Lock icon Surviving the recession without cutting corners
      801 16  -  STRAIT TALE By Seafarer ONCE again the shipping industry is doing something that it has had plenty of experience of. It is coping with the classic features of a recession: low freight rates, dwindling cargoes and vanishing asset values. As ever, the sale and
      FILE PHOTO  -  801 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      179 16 PACE Append* 5 Avmt 10 rtaiqMas 6 BSA 6 BSC 9 BTl 10 4 BiUmMo 9 CMACGM 3 COSCO 3 CentrtfEx 6 CMwya to ChwShpfl 5 Confer W Couq* 6 CVT GioMM 6 DHmu 4 DpfcUoyd 6 Doognam* 3 EP Cjmrrs K> OS 4 ECL 4 EngLee
      179 words
    • Article
      Lock icon SHIPPING GUIDE
      13915 21 THEBUSINESSTIMES WEDNESDAY, JANUARY 2,2002 EXPORT Page 7 ETA ETA Advertiser VmhI Voyage Tuepfion* SM Bwf» H—» Name Number Number lb ABIDJAN (ABJ) 2003 Cot* D'lvoir* 09/01 10/01 MOL Pi 0 NEDLLOYD SEOU I503A 65-*****06 09An 0/02 Kien Hung LONOON TOWER LT201S 65-2250U3 09/01 20/02 COSCO NUMBER BRIDGE 0009W
      13,915 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        474 25 Vmm4 Voy No Brth Aniy«l Dtptrtu Jan* Part HIMI 3H>ac joi ovovn-oo 0V0V7CK M Kami kt 0H>ac-01 JOI 01/0\/t245 OVCn/WO tkutm am jot ovm/2339 02/01/18-0 Cast Lifter FN 286 J6 02/01/700 03/01/50< MMbut *****5 J12 02/01/7:15 02/OVW) RPCMiq ***** JOI 02/OT/840 02/0V64 T« Jatar Y2122r JO* 02/01/#00 0
        474 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2018 25 RECEIVING OF EXPORT Fa CONTAINERS AMP LCI CARGO Booking/BaUnct Rstls VoyWo Etb/Btr Ported from To Fro* Ad MAtMUA 045* V2JJ0 U JVTTOO OVOOT OVOM a JVTTOO MW OVOM Ad SOAK «H WO a MM MW MM a JVTTOO OVOOT OVOWO I ovotoo OVUM ovmoo 4 OVBOO WW MM
        2,018 words
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        Lock icon GLOBAL HOLIDAYS
        221 25 Janary 2 New Zealand: Day after New Year's Day Italy: Epiphany Sweden: Epiphany JanaryM Japan: Adulthood Day Jaaaary 21 United States: Martin Luther King Jr.'s Birthday January 26 Australia: Australia Day February t New Zealand: Waitangi Day February 11 Japan: National Foundation Day Taiwan: Chinese New Year Eve
        221 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        778 25 THIS report compiled by Cockett Ma rine Oil Ltd. shows price ranees in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        778 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        470 25 Carboa 180 M« 990.4 0.6 15.4 0.09 62 0.04 Dk 27 Dm*Hy Water tesMw lUMlt*m UHmttH No E25 0 0 2 0 0 0 380 AM 985.6 0.1 1X6 0.05 28 0 02 uL 380 Mu 990.4 OJ 17.0 0.08 63 0.04 U/m M/M M/M mi
        470 words
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        Lock icon Air China retrenches 230 staff in first-ever job cuts
        475 26 Layoffs are part of carrier's efforts to cope with global air line slump AFP, AFX [SHANGHAI] Flag carrier Air China has laid off about 230 employees, or around 2 per cent of its workforce, as part of its revamping efforts in
        AFP, AFX; AFP  -  475 words
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        Lock icon Australia confirms fee cut for regional airlines
        215 26 Reuters [CANBERRA] The Australian government has renewed a commitment to waive enroute air traffic control fees for regional airlines. The initiative is part of a four-year package announced in October to boost regional transport, particularly the aviation sector which was hard hit by
        Reuters  -  215 words
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        Lock icon Air France plane makes emergency landing
        190 26 AP [PARIS] An Air France jet carrying 240 passengers from Paris to Washington made an emergency landing after its crew found a suspicious substance on board, company officials said. The Boeing 777 landed late on Monday in the western French city of Brest, said
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        Lock icon US to impose aviation security fee from Feb 1
        281 26 Passengers to pay up to US$lO more on round-trip ticket Reuters [WASHINGTON] Air travellers in the United States will on Feb 1 start paying up to US$lO extra on a round-trip ticket to help cover the cost of added security, the
        Reuters  -  281 words
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        307 26 Bloomberg [CHICAGO] Boeing Co was granted the first Federal Communications Commission (FCC) licence to let passengers send and receive data in flight, using a special antenna its Connexion unit plans to install on aircraft. The licence will allow commercial airliners
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1587 26 OTT WWW CTA MW tfO am*w* utfm noo mm wm kmtttr+m S023 0(25 SO0S2« 0105 C*»7S noo HUM 2300 «u» 90s mm am MOOO QMS AactlMtf N242M 2020 N2420S 2045 mm mm mm —HE mm ono m/um Q23 mK**n orgs WHM WOT 0935 SOW 0905 SOW
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        Lock icon Report spurs massive spending on UK rail tracks
        410 26 It outlined extent of wear and tear and poor standards AFP [LONDON] Railtrack, the firm which oversees Britain's rail network, says that massive spending on rail infrastructure and changes to processes and procedures have followed a damning report on the railways. A
        AFP; REUTERS  -  410 words
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      6 15 U» freight and itoek markets wereoloaed
      6 words
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      100 15 Strait TaNcSwvMaittM ■AHAAAIum iaiMIAII# AUA4!BM recession wixnoin eating COTMTS Pg2 Air CM— ulimlm 210 ilalf tofirst-am(aborts BmckPg dS&ytiSfl W 3 4 1 a j "t ip Hr HTT m&*+ C The Shipping Times now features a full page of logistic s news on Itujisday evt ry Mrtnigh: Cut rent trends,
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      580 16 1 TO USA/CANADA "1 1 EXPORT I I OTMSB DEMTtMATfONB 1 jjjg gTS TO AU«mALIA WWIIAUft A<U PgW»j OOQIBfTOII I*ol 01/01 I 02/01 1 10*1M/01 I 73/01 I 73*1 73/01 Ti'Ol wn* Imc» I I—ST1 —STI —TCT—I —I OOaMMH S4EO2 01/01 I 09/01 I 25*1 29/01 I 30/01 I 30/01
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      620 16 lines MrvicM raprmantod by Member* of itw Registry of Member* of \3mf& Atccndtad Shipping Aanh. TilJ~ S nQOOOf lo B il,ic Singapore Shipping Association Association n— i -£B IM.Y UM MMft fn n LLj Ivissa vor Ira [~ra Ira L 4 P. RUNG STOtf Mil Emprm Lily VQIQ2 09/01 10/01
      620 words
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      1245 17 TO EUROPE FROM EUROPE vesa Ivor si ra am ma mv sou uh llvissa. vm Imm wa mv sou um aT Afiraun iotw os/di 24/01 a/oi 24/w 21/01 msmdontx i«k 14/1213/12 14/12 h/ii M/n M&NK 544W 04/01 2D/01 H/01 25/01 24/01 MVUOAiroHIM 30K 15/12 17/12 10/12 13/12 05/01 WWMOD-M JJSW
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      1452 17 If UUM 1 T/TtISMYS 1 mum t/t <it mts I y TMCT T/T Itl Mm I gjgjgwgtl** MUS/WCS TIL *****57/43 W* £*****/71 QAUTSU pfPRI» MS* GUOANG TE: 07-*****4* ML' 07-*****70 COSTAR SNIPnNfi PTI LTD *****25/7$ POTT rung MKIMS H^KUM <100:**********00 TH: 22* I9M (MAM) WWAWJD/O) *****0* *****19/49 PfNANG 04-2****** 04-*****99
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      267 words
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      1273 18 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. [Vtsa vot M hm ml tm ant mm |Iv~j ivesa vot [sou tat rai I hoi sm HTWGMCSS D4W 17/12 M/ 01 01/01 01/01 OS/01 MIMM SO M/ 11 11/12 2S/II 27/11 l«/ 12 4PICDOAL 10W 20/12 07/01 12/0100/01 10/01 "IJMK IOK M/ 11
      1,273 words
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      634 18 ygsa VCT SM m n ta mm mr ASIAEXPMSS MM SAJUfi SAIUD 03/01 04/01 02/01 ISM 10/01 N/01 14/01 14/01 ISIA 13/0 I 21/01 17/01 21/01 ISM M/ 02 02/02 00/02 10/02 m IMUW* «MUm WM MM —»g WW4IT THOOMOCMY 7/01 SAJUD 10/01 12/01 13/01 14/01 HEMtUN 0/01 11/01 15/01
      634 words
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      444 18 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEFTM6 TO AU MMTNBM AND VfOTBM CO POMTS TO. TO COCHM. TUTCOMN Mt COLOMM A KANDLA «M NNM SHEWA w* www |<bu—)| uw>| o—c— |<—cm o»ww win ;JM iiIM 175 aw UKBOMf IV rm m WS Bin mmumi wrwni<» w NUUMtmES Mm 71 IM
      444 words
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      1340 19 IVfSSa VOY KHH HKO I W I W 1 PX» Ml PMM MC MAN ISFAHAN PCL-240 31/12 ***** 05/01 06/01 ***** 14/01 16/01 lt/01 MAN HOWMOZOAN KL-241 06/01 09/01 12/01 13/01 20/01 21/01 23/01 25/01 MAN TOMAN KL-242 13/01 16/01 19/01 20/01 27/01 20/01 30/01 01/02 MV UNDAVIA KL-243 20/01
      1,340 words
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      475 19 UK CONTINENT SERVKE Loading for PISCES EXPLORER RDM/ATW/BMN/UK/LPL NEW EMERALD ROM/ATW/BMNAJK/LPL EXPLORER M RDM/ATW/BMNAJK/LPt Lorn* Monm MIDDLE-EAST SERVICE Loading lor FAVORfTA JDH/AQA/DMT /TRP/TAR AUKRATOR JDfVAQA THEBES ADN/HDO/JDH/AQA RAINER DBl/ABU/DOH/BRN/DMM/KWT LOK PRATOP DBl/ABU/DOH/BRN/DMM/KWT ZEYNEP ANA JDH/AQA/DMT •Load* Singapore, EVW. Mm»m. lndon»m USA SERVICE Loacftngtor MYRTO HUS/NOL/SAV/NFK/CAM BORCA MZL/LAX/VCW ASIRAT CAM/NFK/SAV/NOL/TPC *Load»
      475 words
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      1120 19 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAYYUFT SERVICE" [VESSEL VOT IMWP IMBGHTI S« I l»C| OttO I «IA I SAV I PAL Q«F NTC 1 NEW I OMO UNM MOW 4001 m 4JM 12/01 11/02 21/02 23/02 25/02 24/02 20/02 04/0) 04/03 TALAOOT AH2O3 4001 m
      1,120 words
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      512 20 WKKKLT «PtV»CETO»OUraAF»iCA*»OUraAMEIUCA (H AISO HOT CM6OTO oo awct. SAO UMBO) Dosumcmw wnamYßa) V—d |v>— Sww nm |c>— lutw ■''Mw kill! I SH« Kate HTIOSS 01/01 12/01 14/11 14/01 14/01 ft/01 ft/01 30/01 01/0? l«Jh W irn H7BI m ***** m "H751 R7H 6vW Mi m kft*** —Km m —m —m
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      505 20 MYANMA five STAR UNE (Mvnm MM UM) Uadh| fa Ymmm rasa vwr sm nu km rcu »Mi WW SIB ■OKU aw SIB MAUYSU AGENTS: MUSIIAD SMFTMG AGBKKS ML IH 13-*****3 M KL TH 03-317*4101 Wfc IE M-MlMtl rat TH 07 *****71/4 BANK LINE C* iwvla el Ae*ew W* Stipytag) NOKTHBOUNO
      505 words
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      150 23 y i M RX PB&JSAHAAN PBAMRANV 1 W KALIMANTAN 1 DIRECT WEEKLY SERVICE TO 1 JAKARTA/PAIimANC/DUMAI I v—* sin |jw jrwiw wu» (AOMUHUBI 13/01 13/11 07/11 11/01 I umumM ii/ii u/«i u/ii "wn UMURWI 51/H |TI7tT T77H ~ff7lT~ SURABAYA/PANJANG 1 Vttl Vtr ISW ISW fl OtM |pl m li/01 I
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      160 23 VESSa VOT fttPGU OAT TOT ETA9N DAT KUALA SIAKI 1248 *****1 MOM 174 M *****7 TUE KUALA SIAK S 007S 07.01 07 WH) ~00» 0301 07 TMU KUALA SIAK I 003S *****7 IS 00* 04.01 07 fID KUAUSIAKR 004S 04.01 07 HP OtHM OIOIJg SAT KUALA SIAJC OOSS 00.0107 SUM
      160 words
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      240 23 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA Vissa TWU Mil KK TG« SM H UTS KBJNKM DM a PI CT Til I IVOTOIS W W W M 10/01 17/01 23/01 MUR VOT 016 20/01 22/01 2S/01 20/01 31/01 10/02- 11/02 24/02 27/02 'MHfIPTMHIMiMIfIIMMB mmimmmSSCIWW ktOKMS PTllift. mmmkmnn/m f MUI *****04 HUk
      240 words
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      86 23 HMUI BtEAK-Mll /COLOMO/MMMV/CHTIMOM Evan sMAPotf wimakmuvtufd IS-01-2001 MKT CALL KNKAT aatm ■VST Al SMARM COIOMO (NUVT UFT) IMI-HO2 IMI-2M2 ■V VKTOtT SMGAFOtf OWMAI, VIZAfi 11-01 7002 QTTA6OW6 GUU MOON SMGATOM DUtAI, DAMAM 21-Qi 2002 jtooAH. »tc su rotn REGULAR SMGAPORE/VETMAM SERVICE msas VOT ETA FTD KSTMATKM wm* rMATOI 1/2001 M
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      250 23 hflgSß in smwiit® co m iid I Mi nim ll* IM taD IUNM/SIMN* I vosa VOY SM ETA SM ETD DCSTMATKM Urn Stt 3? 01/02 6/01 l<*aio/W»»c 01/02 7/01 8 /01 Ouna t ftm W* Um&S 01/02 7/01 9/01 Jan* Um» So 27 01/02 7/01 9/01 SMohaya/ll Wtag SmCmO 01/02
      250 words
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      1045 24 TWO IKES ¥37* 01-01/0 I 07 10/01 15-IS/01 I neasHAM m» 04-04/01 in3/oi ia-ii/oi I not BUND MON M M/ 01 14-17/01 22 22/01 I nee kail im 1111/01 17 20/01 75-25/01 I _ii6ai«m win !5-iyoi 2124/01 2121/01 I ncaam Wou 3ToT7Si ofio7oi iTT»7Si I HGBCUFF 041 04-05/01 1113/01 22
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      1,011 words
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  • Page 25 Miscellaneous
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      128 25 4 2002 LEGEND Issued by Meteorologies I Service Singapore K Thunderstorm A Shcnwors XX Rain emporatur© C Wind direction and spood in knots Cloudy Day w< ,m< Ua 7u Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds |==j S 9ht *1
      128 words
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