The Business Times, 25 January 2002

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Microfilm: NL23873
Total Pages: 40
1 40 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MfTA (P) 107/03/2001 85< SINGAPORE nternei: hUp://business-times.asial com.sg/ FRIDAY. JANUARY 25, 2002
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  • Article
    Lock icon MARKET SUMMARY
    74 1 □fll MttJß (-3.38) mvrai mm mm (-1.34) iriXDBXFDTOSBS M 97 (-10) nflOßanmnßß mm mM (-1.00) mtmmkuvrumaBi Hiuraday Change KLSECOMP 685J5 -Ml NIKKEI 225 10,074.06 >1114 HANG SENG 10,741.44 -20.68 SET INDEX mM +7.04 JAKARTA COMP _44«6 +1L88 MASILACOMP -tfW.64 +2125 TAIPEI WH SJOLtt +S114 SEOUL COMP 757.71 +15.89
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  • Article
    Lock icon FINANCE
    68 1 FOBBXimg us$ st I'SS (SSperUSS) 1J» £(l'SS/SS per 2) 1.429 1617 EUBO(USS/SS/E). 0-878 L«14 DM 1227 L212 YEN 1»J 7250 RM JJOO 1067 HKS 7.799 4.242 BAFT 44.19 24.W RUPIAH 10,441® 5.692 FUME BATES SINGAPORE* JS>25 KUALA LUMPUR 640 HONO KONG S.126 JAKARTA 39.00 TAIPEI 1.755 TOKYO lJ7i SEOUL
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  • Article, Illustration
    Lock icon Greenspan sees signs of US economic recovery
    836 1 Sharply lower inventory levels expected to spur income, spending Bloomberg [WASHINGTON] US Federal Reserve chairman Alan Greenspan told Congress yesterday that he saw a number of encouraging signs that the first US recession in a decade could soon be over. In particular, he
    Bloomberg; AP  -  836 words
  • Article
    Lock icon Cisco seeks sub-tenants for three Capital Tower floors
    483 1  -  TTexclusive By. Andrea Tan [SINGAPORE] The global electronics and IT slump is forcing major office tenants to seek sub-tenants in prime CBD buildings adding to the vacant supply already in the market. The latest to do so is Cisco Systems, which is
    483 words
  • Article
    Lock icon Corrections
    113 1 IN yesterday's article "5 ship ftiel surveyors plead guilty to graft charges", the sub-heading to the story read: "Prosecutor says bribery has spread to 20-30% of $5b bunkering industry". The bribery was in fact confined to 20 to 30 per cent of the marine surveying industry and not of
    113 words
  • Article, Illustration
    Lock icon Creative stages dramatic profit turnaround
    835 1  -  Shares jump 6% on Q2 earnings of USs26m after 3 quarters of losses By Serena Ng [SINGAPORE] Creative Technology staged one of the most spectacular earnings comeback as surprisingly good margins pushed its Christmas quarter earnings past all expectations. The soundcard giant's second-quarter profit of
    Source: Reuters  -  835 words
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      93 1 111 SIDE Top Stories JHfc m Lay quits as CEO and chairman of Enron. M*xt Page Metro to close Far East Plaza store when lease expires. *94 KTT sinks to $189 m full-year loss. Pg 7 Ban Hin Leong feeling the heat over Springleaf: sources. *99 New minority watchdog zooms
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      95 1 Editorial: Greenspan's guessing game, Pg 12 Cohen lowu earnings forecast, Pg 18 L Wl I Stand back, Milan. Pans or New York. Hong Kong I jjfci is getting its act together and fiercely gearing up be the fashion capital of Asia. What's In Style goes to Hong Kong Fashion Week
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  • NEXT page
    • Article
      Lock icon MPA suspends Navi Marine's bunkering licence
      444 2  -  BUNKER FUEL SCAM Port authority also acts to ensure surveyors comply with new standards By Beth Jinks [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) yesterday suspended the bunkering licence of Navi Marine Services Pte Ltd following the conviction of five marine surveyors
      444 words
    • Article
      Lock icon HK, China open talks on free trade agreement
      762 2  -  Fronii Audrey Tan in Hong Kong HONG Kong begins talks today on a free trade agreement with China, aimed at giving Hong Kong businessmen a headstart in securing WTO-type concessions on the mainland. Hong Kong business leaders say that much hangs on
      762 words
    • ON THE grapevine
      • Article
        Lock icon This till rings loud
        110 2 iKUoi tne cninese to sell something that s intangible and lasts only a couple of seconds. Last month, many temples in China "auctioned" the right to ring the bells to bring in the New Year. The act, which supposedly brings good luck to the bellringer, drew
        110 words
      • Article
        Lock icon The new, independent Barbie
        79 2 THIS 50-year-old has made a smooth transition to the New Economy. Barbie, who despite her appearance, is half a century old, has gone on to the Net. B2Barbie, a new concept doll devised by Accenture, comes with a wireless implant that allows her to communicate with
        79 words
    • Article, Illustration
      Lock icon Lay quits as CEO and chairman of Enron
      598 2 He cites heavy involvement with investigations LAT-WP [NEW YORK] Kenneth Lay was ousted on Wednesday fTom Enron Corp, the Houston company that he spent 15 years building into the world's largest energy trader only to watch it crumble in less than seven
      LAT-WP  -  598 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Metro to close Far East Plaza store when lease expires
      355 4  -  Landlord plans smaller nnits for space to get better rental returns By Andrea Tan HOMEGROWN retailer Metro Holdings will close its 50,000 sq ft store at Far East Plaza when the lease expires in June. Landlord Far East Organization, controlled
      FILE PHOTO  -  355 words
    • Article
      Lock icon 55 of 72 AsiaOne staff transferred to SPH
      276 4  -  Internet subsidiary delisted yesterday; other staff to be retrenched By( Quak Hiang Whai SINGAPORE Press Holdings has transferred 55 of the 72 staflf from its delisted Internet subsidiary SPH Asia One to the parent company to help achieve better integration, cost efficiency
      276 words
    • Article, Illustration
      Lock icon SIA to hold back delivery of six Boeing aircraft
      272 4 SINGAPORE Airlines (SIA) said yesterday it will delay taking delivery of six Boeing aircraft. The move comes as SIA struggles through one of the worst patches in its history, with failed investments and a global slowdown in air travel hurting it
      FILE PHOTO  -  272 words
    • COMPANY Briefs
      • Article
        Lock icon Inno-Pac unit to sell subsidiary
        159 6 INNO-PACIFIC Holdings Ltd yesterday announced that its subsidiary, Shakey's Holdings Pte Ltd, has agreed to sell the entire issued share capital of Shakey's wholly owned subsidiary, Shakey's International Ltd (SIL), to Lighten Point Investment Ltd for $1.25 million. SIL, a company incorporated in Hong Kong,
        159 words
      • Article
        Lock icon ING makes tray call on Huan Hsin
        118 6 Reuters ING Barings Securities started coverage on Taiwan-based and Singapore-listed personal computer component maker Huan Hsin Holdings yesterday with a buy call and a target price of $2. Analyst David Toh said Huan Hsin was a "cheap way to buy into Taiwan's fast
        Reuters  -  118 words
      • Article, Illustration
        Lock icon Kim Eng sees C&C outperforming
        201 6 Reuters KIM ENG Securities yesterday upgraded Cycle and Carriage (C4C) to a buy and said the Singapore vehicle retailer and property company's undervalued stock was poised to outperform this year. C&C's stock nasiaggeatne benchmark Straits Times Index by 12.6 per cent and its listed subsidiaries,
        Reuters  -  201 words
      • Article
        Lock icon Australand buys Olympic village site
        116 6 Bloomberg NEW South Wales state government has sold the site of the Sydney Olympic media village to Australand Holdings Ltd, a unit of Singapore-based Capita Land Ltd, for A 596.9 million (Ss92 million). Sydney-based Australand will develop the land at Lidcombe, in inner western Sydney,
        Bloomberg  -  116 words
    • Article, Illustration
      Lock icon Popular sets sights on China market
      309 6  -  Book firm aiming for annual profit of $25m from there in3tosyears By Andrea Tan BOOK publisher and retailer Popular Holdings said yesterday it is eyeing annual revenue of $100 million and a net profit of $25 million a year from the China market within
      FILE PHOTO  -  309 words
    • Article
      Lock icon Corporate governance code needs teeth to work
      785 6  -  I!WN lock siew wong wei kong THERE'S still a year or so before the new Singapore Code of Corporate Governance is formally adopted. But already there are those who doubt that it will have any real impact on how local listed companies operate.
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    • Article
      Lock icon KTT sinks to $189 full M-year loss
      447 7  -  It makes $181 m provision for fall in valve of technology in vestments, ships By' Teh Hooi Ling KEPPEL Telecommunications and Transportation (KTT) posted a $189.3 million loss for the year ended December 2001, after making a $180.5 million provision for a fall
      447 words
    • Article, Illustration
      Lock icon SPC, Keppel Hitachi Zosen post improved results
      465 7  -  SPG cats losses by 87%; Em's earnings jump 4 times to $35m By\ David Boey TWO listed companies under Keppel Corp's stable, Singapore Petroleum Company (SPC) and Keppel Hitachi Zosen (KPHZ), .yesterday reported vastly improved results for last year. SPC managed to slash
      FILE PHOTO  -  465 words
    • Article
      Lock icon Keppel Corp's rally may not hold up for long: analysts
      486 7 Bloomberg KEPPEL Corp, whose stock surged 28 per cent this year after the diversified company honed its business to three main areas, is unlikely to keep its title as the Straits Times Index's best performer. Keppel's stab at restructuring hasn't
      Bloomberg  -  486 words
    • Article
      Lock icon Provisions to drag KepLand into the red: analysts
      367 7 Dow Jones Newswires KEPPEL Land Ltd, Singapore's third largest listed property company, will post a net loss for the financial year 2001, hurt by hefty provisions taken for the lower value of its property assets, analysts say. The loss, however, won't be
      Dow Jones Newswires  -  367 words
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      726 4 VOLUNTARY CONDITIONAL CASH OFFER by QoCßCßank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) for and on behalf of NORFORD INVESTMENTS PTE LTD (Incorporated in Singapore) a wholly-owned subsidiary of Ol FRASER AND NEAVE LIMITED (Incorporated in Singapore) to acquire all the ordinary shares of $0.50 each in <*> CENTREPOINT PROPERTIES
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      728 4 VOLUNTARY CONDITIONAL CASH OFFER by ©OCBC Bank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) for and on behalf of FOREGAIN INVESTMENTS PTE LTD (Incorporated in Singapore) a wholly-owned subsidiary of O FRASER AND NEAVE LIMITED (Incorporated in Singapore) to acquire all the ordinary shares of $1.00 each in TIMES PUBLISHING
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      191 5 Polo Assoc lotion 20* ABS suitcase 1%0 /MR; with 4 wheels 29 S| 3 ,AA m g& $ii 9 ■ma Now $WW9O mSHMV Now $VW9O v 4B|eF j j FREE combination lock $129 with every Now $g9 90 Samsonlte Case BSw $i 59 j^ggjjg^ny|H i|B I GokJHon v I V
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      941 6 r^o.i^iHitachi Zosen I Keppel Hitachi Zosen Limited I (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2001 I The Directors of Keppel Hitachi Zosen Limited advise the following unaudited results of the Company and H of the Group for the year ended 31
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      103 7 GET A DEAL MORE AT GRAND HYATT TAIPEI jlk I n f Xro m IAI fe* J"*" information and WMYdkm, visit p BlUilißl bjuW.ni or caN 733 1234 in Slnpapo— or your ftovJ plonmr a«l a* Car dfar ohAiOO j ENVIRONMENTAL BUSINESS OPPORTUNITY (WATER WASTEWATER TREATMENT) (A GROWING BUSINESS IN
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      37 7 Come exp«riMc« LG's latest range of wiHut praiUMßfcfi— durppictures.With VJM ih m i nißW>M|l pu<i ii mn \P™ AbogtrfrajfllFbßMMptoon iiwhiUny J and your component »t— fIfiSEEQKZSj&w mh|Hß MWMiWMMMr ECON F LccOTaa AVcowcbtbPITLTP w» "»■■m w.l-I w—«»mi» •yamama
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      325 8 OTHER SINGAPORE INDICES Jan 24 VALUE CLOSE WOtW -347.00 -141.00 BTCAM -*****.00 +27.00 WlHtaylM -*****.00 -35.00 <mr»Wii 439.16 -0.23 «r«rfMn Ehct 148.34 +4.51 M BpRhn Fh 1431.50 -2.16 lUpMwPwp 456.65 +3.57 ma%tn»9an 207.66 -0.14 SMBCIFBtavM 208.30 -1.00 tteclM Voiww Mayfran 15c 40.240,000 Huan Hsin 20c 25,474,000 RafltesLas 10c 23.443,000 Autron
      325 words
    • Article, Illustration
      Lock icon Huan Hsin shoots up alter favourable ratings
      257 8  -  HOT STOCK/ WARRANT Byy Ven Sreenivasan IT'S amazing how easily multinational investment houses can arouse interest in a particular stock. And a company that's now basking in such attention is Taiwanese-con-troUed contract manufacturer Huan Hsin, whose shares shot up 16 cents or 15.7
      257 words
    • Article, Illustration
      Lock icon Cyclical stocks come into play
      716 8  -  -II comment STOCKS r. sivanithy THE Singapore stock market slipped into cyclical mode yesterday as funds shifted out of defensive counters and into those most likely to benefit from an economic upturn. China plays also came back to life after several days of weakness, and
      716 words
    • Article, Illustration
      Lock icon Euro, sterling hit as US$ retreats vs yen
      608 8  -  1-1 ■comment CURRENCIES Ten sees correction hope; a help if US$ closes overnight below yen larry wee A BETTER reading for the US tech sector lifted Nasdaq stocks overnight. But this time it was the turn of the euro and sterling pound
      Source: Reuters  -  608 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2794 8 UNIT TRUSTS FUNDS cmBood s pc** A/S 1.202/ CitiBond Spore B/S 122 V Ob Money Sing DoNar Clas B 1.036V AJN Anro AM Mgt (S'pore) Oti ParvE»*ope Equity Fund 10V Sur Europe Eqty!* 079V GtiSelect Asia Tift Balanced 1.27/ Star Europe Id 0.987/ CitiSelect AM Tift Growth 122/ Star Europe
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Ban Hin Leong partners Spacare for Green Club
      468 9  -  Spacare will inject much-needed fonds to open dub and help manage it Reports by] Kalpana Rashiwala BELEAGUERED developer Ban Hin Leong has teamed up with Spacare International, which runs the Aspara spa chain, as a partner and manager for the Green Club.
      FILE PHOTO  -  468 words
    • Article
      Lock icon Developer feeling the heat over Springleaf: sources
      242 9 BAN Hin Leong is facing pressure from United Overseas Bank (UOB) over Springleaf Tower in Anson Road, sources told BT. The troubled developer is trying to dispose of 12 floors in the 37-storey tower, comprising eight floors of offices and the top four
      242 words
    • Article
      Lock icon Pricing does the trick for Allgreen
      525 9  -  By' Vince Chong THE right pricing can really move the units. Allgreen Properties discovered this when it sold 80 per cent of the units in the relaunch of Queens all in a day. The developer had re-re-leased 150 units of the 722unit project situated
      525 words
    • Article, Illustration
      Lock icon JTC factory demand lowest since 1998
      532 9  -  on the economy industrial space Vince Chong NET allocation of JTC Corporation's flatted factories slumped 73 per cent to 26.494 sa m last vear the lowest figure since 1998's minus 53,427 sq m. According to JTC's 2001 industrial facilities report, the fall was despite
      Source: JTC  -  532 words
    • Article
      Lock icon Probe reveals direct link between JI, Al-Qaeda
      330 9  -  Video tape of Yiskui station, hard disk famd in JI member's heme By Eugene Low NEW investigations show a very direct link between the clandestine Islamic group Jemaah Islamiyah (JI) and the Al-Qaeda terrorist organisation, the government said yesterday. It noted that recent
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      59 9 You never actually own a Patek Philippe. You merely look after it for the next generation. Annual Calendar by Patek Philippe The HourGlass 8 SINGAPORE THE HOUR GLASS T.k»h.m.y. SC T«t 7)4 2420 Scott* SCW: 23S 7198 Lucky Plan Tai: 733 1262 MALAYSIA THE HOUR GLASS (*****1Q Lot 10 Shopping
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      509 10 TURN THE the right people for > RECESSION E H IGHT JOB HP"* Their Wisdom. Their Experience. TUUn Your Business Advantage. ADVANTAGE People for Jobs Traineeship Programme (PJTP) It makes perfect business sense. When you hire and train cross-sector Tlirn Challenaes into workers aged 40 years and above, we'll pay
      509 words
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  • MAIL bag
    • Article
      Lock icon Balestier fails to meet MRT criteria
      189 11  -  Han Liang Yuan (Ms) Senior Manager Corporate Communications Land Transport Authority WE refer to the letter by Wayne Lee "Govt should build MRT station in Balestier" (Mailbag, Jan 21). It is very costly to build, maintain and operate rapid transit systems. We therefore adopt
      189 words
    • Article
      Lock icon Hear out S'poreans in Malaysia too
      166 11  -  Loh Lai Kuan Singapore I REFER to your article "S'poreans abroad urged to speak up on new economic strategies" (BT, Jan 22). This is a welcome piece of news. But how about those like us who live and work in Malaysia? Will our views
      166 words
    • Article, Illustration
      Lock icon How PSA should light competition
      342 11  -  Teo Swee Meng, Victor Singapore IT is time for PSA to accept the fact that the container business is a volume business. With fewer shippers to serve, the high cost of investment in IT and infrastructure will be spread over a smaller pool of shipping
      FILE PHOTO  -  342 words
    • Article
      Lock icon Embrace talent with prudence
      254 11  -  Seow It Sze Singapore I REFER to the letter "Wake up S'pore, foreign talent makes a difference" by S H Chee (Mailbag, Jan 22). The author, working in Silicon Valley must have a fine mind and he may feel that he is immune to the travails
      254 words
    • Article
      Lock icon Right time to get out of wafer fobs
      266 11  -  Lu Kee Hong Singapore I REFER to your article "Should Singapore still stick to wafer fabs" (BT, Jan 14) by Lee Han Shih. Your piece has a ring of irony to it. Over 10 years ago, I wondered why the Singapore government
      266 words
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      185 11 We welcome letters. E-maH us at bttetterQsph.com.sg or fax us at *****71 or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear In mind libel
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Enron mess in India is an eye-opener
      806 12  -  PTTT^ bottom line OPINION patrick smith The writer is a former Bloomberg correspondent in Asia and the author of 'Japan: A ReinterpretationThe opinions expressed are his own. Bloomberg IT USED to be that you looked at Dabhol Power Co, the huge generating plant
      Bloomberg  -  806 words
    • Article
      Lock icon IN OTHER WORDS
      80 12 4 I think they should call him daily because he is an Arab leader an Arab leader under Israeli attack every minute.' SMk the Palestinian ambassador to the Arab League, on the need for Arab leaders to call Palestinian leader Yasset Arafat, who is under virtual house
      80 words
    • Article
      Lock icon Greenspan's guessing game
      579 12 EDITORIAL Financial markets are again on tenterhooks ahead of the Fed's interest rate-set-ting meeting next Tuesday. The big question is whether US Federal Reserve chairman Alan Greenspan's team sanctions another quarter percentage point cut in short-term interest rates the twelfth since Jan 3,2001. A fortnight ago, Mr
      579 words
    • Article, Illustration
      Lock icon Walking the tightrope on Hong Kong Budget
      1174 12  -  With the current slump and lower revenues, itH be a baptism by fire for Financial Secretary Antony Leung when he presents his first Budget From Audrey Tan The writer is BT's Hong Kong correspondent in Hong Kong HANGING on the walls of Antony
      REUTERS  -  1,174 words
    • Article
      Lock icon COMMENTARIES
      814 12 peedag PRIME Minister Thaksin Shinawatra has made it part of the national development agenda to develop Thailand into a New Economy, one based on new technology and knowledge rather than resources. This is an admirable goal, and an initiative which Mr Thaksin appears well suited to spearhead. After all,
      814 words
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  • REGIONAL news
    • Article
      Lock icon New minority watchdog zooms in on 5 KL firms
      419 13  -  It will focus on cases where minority rights may have been compromised From Eddie Toh in Kuala Lumpur THE new watchdog for minority shareholders is revisiting five Malaysian companies where the rights of minority shareholders may have been compromised. Yusof Abu
      419 words
    • Article, Illustration
      Lock icon Ananda Krishnan – billionaire on the move
      649 13 Ananda Krishnan billionaire on the move Reuters [KUALA LUMPUR] T Ananda Krishnan, poised for a public float of Malaysia's number one mobile network Maxis, keeps getting stronger while other tycoons have fallen from grace in the aftermath of the Asian financial crisis. It helps that he shares an interest in
      Reuters; NSTP  -  649 words
    • Article
      Lock icon Most M'sian family firms shun alliances
      262 13 KUALA LUMPUR They fear losing control to'greedy' outsiders: survey OUTSIDERS continue to be viewed with suspicion by most Malaysian family businesses, who tend to see such prospective partners as "greedy" and "control freaks", the Malaysian Business Times reported yesterday. In a nationwide survey of
      262 words
    • Article, Illustration
      Lock icon BCA sale key to Indon economy
      617 15  -  Observers say sale to credible buyer could spur sliding export sales From I Shoeb Kagda in Jakarta AS the deadline looms for the final bids for what is probably Indonesia's largest corporate asset sale for the year, the stakes were raised even higher yesterday
      REUTERS  -  617 words
    • NOTE Book
      • Article
        Lock icon KFC franchisee to be named in Feb
        68 15 Dow Jones Newswires [KUALA LUMPUR] Tricon Restaurants International will announce the successful bidder for its fast food franchises in Singapore before end-February, the Star reported, citing Tricon's senior legal counsel Vinod Mahboobani. Dallas-based Tricon is the global franchiser of the Kentucky Fried Chicken,
        Dow Jones Newswires  -  68 words
      • Article
        Lock icon TV3 names new chairman
        56 15 Dow Jones Newswires [KUALA LUMPUR] Private television station Sistera Televisyen Malaysia, or TV3, yesterday appointed Syed Anwar Jamalullail as chairman and director. TV3 said Mr Syed Anwar, 50, is currently a director of two listed companies Amanah Capital Partners and Amanah Small Cap Fund—as well as
        Dow Jones Newswires  -  56 words
      • Article
        Lock icon Konsortium eyes India, China
        40 15 Dow Jones Newswires [KUALA LUMPUR] Konsortium Logistik Bhd is planning to expand into the logistics markets in China and India this year, the Star newspaper reported, citing executive chairman and president Mirzan Mahathir. Dow Jones Newswires
        Dow Jones Newswires  -  40 words
      • Article
        Lock icon Thai land rights for foreigners
        48 15 AFX [BANGKOK] Thai Deputy Commerce Minister Suwan Valaisathien said Prime Minister Thaksin Shinawatra has agreed to additional property measures proposed at a cabinet meeting yesterday, which includes a provision allowing foreigners to hold land rights for 99 years, Krungthep Thurakij newspaper reported. —AFX
        AFX  -  48 words
    • Article
      Lock icon Philippine stocks surge to 5-month high
      476 15  -  Strong rebound dne to vastly improved political, economic climate: analysts Reports by, Al Labita in Manila PHILIPPINE stocks, made dirt cheap by talk of coups, destabilisation and terrorism, soared sky high in the past days, signalling a resurgence of confidence in a sentiment-driven market.
      476 words
    • Article
      Lock icon Salcon unit to test Manila IPO market
      217 15 PHILIPPINE investors' appetite for initial public offers (IPO) will be tested amid a sluggish market when a subsidiary of Singapore's energy-based Salcon Limited goes public. Salcon Power Corp (SPC), an independent power producer, plans to sell 157 million shares through an IPO to
      217 words
    • Article, Illustration
      Lock icon New finance, economics ministers in Taiwan
      372 16 TAIPEI New blood with good track record recruited to help revive economy Reuters TAIWAN appointed a bank chairman as its new finance minister yesterday, and gave the job of economics minister to a woman who led a turnaround of China Airlines, its largest carrier.
      Reuters; AFP  -  372 words
    • Article
      Lock icon HK may delay broker fee liberalisation
      336 16 HONGKONG Move seen throwing thousands ont of work Bloomberg HONG KONG's government has proposed to scrap plans to abolish the minimum brokerage fee on share transactions, saying it would throw thousands of people out of work. Stephen Ip, secretary for financial services, said the
      Bloomberg  -  336 words
    • Article
      Lock icon Stanchart cuts some HK credit card limits
      189 16 ■HONGKONG Reuters STANDARD Chartered Bank is cutting credit card limits for some customers in Hong Kong as personal bankruptcies surge amid the economic downturn, a spokeswoman said yesterday. "The rise in personal bankruptcies is one of the reasons for reducing the unused credit
      Reuters  -  189 words
    • Article
      Lock icon HK disputes poll ranking it 3rd most expensive city
      386 16  -  From Audrey Tan in Hong Kcmg HONG Kong yesterday disputed an Economist Intelligence Unit (EIU) report that it was the third most expensive city to live in, after Osaka and Tokyo. EIU ranked Hong Kong ahead of London (6th), New York
      386 words
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      216 13 I Own The Legend f if I k* A fCM v m "b 38B<MB FLIGHT OF TRIUMPH An extraordinary gift inspired by a story that's quite out of the %f ordinary. 'Flight of Triumph', 0 W6<of» of the mythical horse and the dragon turtle, signified an anointment from heaven for
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      921 14 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF KAWASOME INTERNATIONAL PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 20/ N. Myintzu Street, Parami Avenue, Yankin Township, Yangon. Mvanmar on
      921 words
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      1132 14 IN THE MATTE* Of THC COMPANIES ACT, CAP. SO (Saction 2«o<2Hb)] AND IN THE MATTER Of LOG A TIMSER PRODUCTS (SINGAPORE) PTE. LTD. (In Members' Vulwrtui y liquidation) NOTICE Of RESOLUTIONS Al on Extraordinary G*n«rol Mealing oI die Company hold of 4000 Ufestyle Court High Point North CoroCna 2776S USA
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      1040 14 IN THE MATTER OF BT BROKERAGE NOMINEES PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap. 50. that a Final General Meeting of the members of the abovementioned Company will be held at 10 Coftyer Quay. *21-01 Ocean Building. Singapore
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      825 14 IN THE MMM COUP Qf TMt ItfUIUC Or SINGAPOtt Companies Winding Up No *****3 of 2002 In ihe Montr of Section 254( 1 ah ihe Compomet Ad (Chopter 50) 1994 Revised Edn And In ihe Manx ol ADVANCED GROUND TECHNOLOGIES PTE LTD |IC NO **********1 ADVERTISEMENT Of PETITION NOTICE it
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      1127 14 M ft" "T-H CQU T flt THE REPUBLIC OF tlhir.A»ft flf Componies Winding Up No *****0 of 2001 In lh* Matter of lh* Companm Act (Chapter 50) And In lh* Matter of N99 EATING HOUSE PTE LTD |RC No *****6157K) NOTICE OF WINDING U» n.HI. In lh* Matter of N99
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      1056 14 IN THI MATTER Of THE COMPANIES ACT, CAP. 50 [(Section 2*X2Hb)] AND IN THE MATTE! OF TAT LEE SECURITIES HOLDINGS LTD (In Member! Voluntary Liquidation) NOTICE Of RESOLUTIONS At an Exlroordmory General Meeting of Ihe Company held at 65 Owfia Street *06-00 OCIC Centre Singapore *****3 on ihe 21 day
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      1112 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF SIN BEE RUBBER PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of ihe Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held
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      839 14 IN THE MATTER OF THC COMPANIES ACT, CAP. 90 [(Section 290(2 Hb|) ANO IN THE MATTER Of TU MANAGEMENT SERVICES PIE 17D (U BB t i 1 I '1 a' i I NvBmDBTa U^UVOQnOn| NOTICE OF RESOLUTIONS At on Extroordinory G*n*ral Maating of tha Compony held at 65 Owfio Street
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  • Article, Illustration
    Lock icon FINANCE
    1212 15 Transaction date: Jan 24 MTERBAMK CROSS RATES A$ CSMEaro Ffr Da NO Mb Rupiaft Yen Won Ml *2$ Pak fts Peso S$ M »r K7S 8a* Pomi US$ Australia 0.827 4289 0.589 3.860 1151 4.030 24.970 54.078 0.689 6.878 1964 1275 31.*****.520 0.950 5.806 0.864 (8.(43 ***** 0.363 0.517
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  • Article
    Lock icon COMMODITIES
    1693 16 8KX)M FUTURES Jan 24 RVBBCI fMtwtt (dosing pncw) RSSKScwbAq) j Close Volume Open Monti Hjfh Low Sett (tonnes) Interest Feb02 108.75 Mar 02 109.00 Apr 02 ***** May 02 H0.75 RSS 3 (US ctflb/kq) Volume Open Month Higti low Sett (tonnes) Interest Fefc 02 5&50 1 650 Mar 02
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      41 16 HMH Hl ■RI I m trfcß POUSK! For further information, contact Huamao Agencies Sdn Bhd Tel: 743 8883 Fax: 746 8570 A? ft i M Available at: ■ypp»|g| ««<*«-**4 mustafi tcm a*«* M*dWn« ■gHiiKI SINCHONG MfMfCO LTD SeWCWd MWWI H»K OUflett
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  • REGION world
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      Lock icon Revenues slip just 2% for Compaq Asia-Pac
      284 17  -  By', Tang Weng Fai [SINGAPORE] Compaq Computer Asia Pacific's results for 2001 were almost unaffected by the dramatic slowdown in business in the last two quarters of the year, the company reported yesterday. Revenues slipped a mere 2 per cent to US$2.4 billion
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      Lock icon Japan's 2001 trade surplus dives 40%
      431 17  -  But expected US recovery, soft yen could reverse trend Fromi Anthony Rowley in Tokyo JAPAN'S global trade surplus plunged by nearly 40 per cent last year as demand in the United States slumped and much of Asia followed suit. The effect was to push
      431 words
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      Lock icon Israel woos Hutchison, CyberWorks
      334 17 HONGKONG Move to get bids for Israeli phone monopoly Bezeq Bloomberg BILLIONAIRE Li Kashing's Hutchison Whampoa Ltd and Pacific Century CyberWorks Ltd, owned by his son Richard Li, are among Hong Kong companies Israel is trying to persuade to bid for fixed-line phone monopoly Bezeq Ltd.
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    • Article
      Lock icon Thai debtors face tough action
      315 17  -  From Harish Mehta in Bangkok THE Thai Asset Management Corporation (TAMC), the powerful state vehicle set up to bail out troubled banks, is serving notice to hundreds of debtors to contact their creditors within 30 days or face liquidation. Soraya Vimolvanich, analyst at TAMC, told
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    Lock icon STOCKS ASIA
    4769 17 Transaction date: Jan 24 for more, go to wwwxisixwnermiarketsjxrrn HONGKONG ICGM* .0.54 -0.*****820 ¥•1 Interchina Hldgs .0.94 unch 12S20 •*5 '900 Interform Ceramics. 0.02 unch ***** mtf Bank of Asia 1*3 -0.01 932 AoossAsia Multimedia 0.43 unch 0 i Regent Group _0.1S i*»ch 1072 AlphaGaneral 0.04 i**h 7800
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      199 17 fV^B'tT University jjSflHflHH(|9B fIV of Michigan EHHKMhHiI Business s School Jot u* ri Asia 2002 to find solutions "*•> to your honest proteins Business School tolpnilMviMvMMiiii T to top busmess executes Phukat, Thailand Senior Executive Leadership Program in Asia March 11 22, 2002 Rnance for the Non-financial Manager March 4
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  • WORLD news
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      Lock icon Nokia Q4 profit slides 5% to 1.15b euros
      459 18 ESPOO, Finland It beats forecasts and raises market share from 32% in '00 to 37% in'ol Bloomberg NOKIA Oyj, the world's biggest maker of mobile phones, yesterday said fourth-quarter profit declined a less-than-expected 5 per cent as it gained a bigger slice
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      Lock icon Ryanair places order for 100 planes from Boeing
      289 18 USs9b contract biggest single order for Boeing 737s Bloomberg, Reuters [LONDON] Ryanair Holdings pic, Europe's biggest low-fare carrier, ordered 100 planes from Boeing Co and took options for 50 more in a contract worth as much as US$9.l billion in the biggest
      Bloomberg,; Reuters; AFP  -  289 words
    • Article
      Lock icon Cohen lowers earnings forecast
      314 18 NEW YORK Bloomberg GOLDMAN, Sachs Co's chief investment strategist, Abby Joseph Cohen, says companies in the Standard Poor's 500 Index will earn less in 2002 than she previously forecast. The new forecast from Ms Cohen, who was run-ner-up in Institutional Investor magazine's 2001 survey of money
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        Lock icon EU may approve HP-Compaq merger
        74 18 Reuters Hewlett-Packard Co is expected to win approval from the European Commission for its plan to buy Compaq Computer Corp in a US$25 billion deal, an EU source said yesterday. The source added the commission would not impose conditions on the transaction. An HP spokeswoman
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        Lock icon Merrill-UFJ affiance talks denied
        94 18 Bloomberg [TOKYO] Merrill Lynch Co, which had a record US$l.3 billion fourth-quarter loss, denied a report in the Financial Times that it is in talks to form an investment banking alliance with UFJ Holdings, Japan's fourth-largest bank. "We have no such plan," the biggest US securities
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        Lock icon EMC reports US$70m Q4 loss
        101 18 Reuters [riUr tviiN lTjisj KMt uorp, tne woria s largest matter of data-storage systems, yesterday reported its second consecutive quarterly net loss on sales that were cut 42 per cent amid a pricing war with International Business Machines Corp. EMC said it posted a net
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        Lock icon Pfizer Q4 income up 38%
        74 18 Bloomberg [NEW YORK] Pfizer, the biggest drugmaker, said fourth-quarter net income rose 38 per cent with higher sales of the Lipitor cholesterol pill, the Zyrtec allergy medicine and Neurontin for epilepsy. Net income rose to US$l.96 billion, or 30 US cents a share, from US$l.42
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        Lock icon US jobless claims down to 6 month low
        93 18 Bloomberg [WASHINGTON] The number of US workers filing new claims for state unemployment benefits fell last week to the lowest level in six months, a sign that companies are slowing the pace of firings. Initial jobless claims fell by 15,000 to 376,000
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        Lock icon Euro zone may recover this year: ECB
        111 18 Reuters [FRANKFURT] The European Central Bank said yesterday the euro zone economy is showing signs of a recovery later this year and reiterated inflation should drop safely below its 2 per cent ceiling. "There has been some evidence supporting the prospects for a
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      Lock icon Japan life insurers Meiji and Yasuda to merge
      360 19 TOKYO Union will give rise to 3rd-largest insurer with USs2olb assets Reuters IN what one analyst referred to as an "epoch-mak-ing deal", two major Japanese life insurers said yesterday that they had agreed to merge to form Japan's third-largest life insurance group
      Reuters; AFP  -  360 words
    • Article
      Lock icon Kmart seeks quick end to bankruptcy
      313 19 NEW YORK This may mean closing 150-700 stores: analysts Dow Jones Newswires Reuters KMART Corp says it aims to emerge from bankruptcy by the beginning of next year, an ambitious deadline that will require it to take its medicine quickly and in big doses.
      Dow Jones Newswires; Reuters  -  313 words
    • Article
      Lock icon Software flaw in one million Sony Vaio PCs
      184 19 TOKYO Bloomberg SONY Corp, the second-largest consumer-electronics maker, said it found a software flaw in almost one million of its Vaio series of personal computers, making them vulnerable to attack by computer hackers. About 900,000 notebook and desktop computers, most of which
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    • Article
      Lock icon Fired auditor warned Enron: memo
      327 20 ENRON SAGA Washington Post, NYT [WASHINGTON] The fired lead auditor of Enron Corp warned its managers in October that the company could be misleading investors even as it disclosed huge losses outside its main energy businesses, according to an internal memo he wrote. David Duncan,
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      Lock icon Democrats, Republicans try to preserve unity
      583 20  -  Bat differences emerge on Budget issue, Enron scandal From Leon Hadar in Washington US lawmakers are back in Washington after the long holiday recess, and while Republicans and Democrats will be trying to maintain a facade of national unity as they deal with the
      583 words
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    Lock icon KLSE
    2183 18 Transaction date: Jan 24 KUALA LUMPUR bm w- rim naM in ooe 19 FW Industries 1.02 -0.01 176 AAMNaafty 1.03 -0.05 130 £25 .JS Abric 193 -0.05 216 J*"**"! f" ,3 AO»lndU«rtt»— .3.14 -004 176 5* n *J55T P III "222 A<*ance Energy 0.57 -0.02 74 9* Affln HokJmqs
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    Lock icon SGX
    785 18 Transaction date: Jan 24 O— O—il IX— W O— O— CMC 0X5 1MB *0120 MM5M 50c 0 1030 *0.010 Crntaunt iJD IJJO *0.010 OCK »J2 ***** *OIOO Omxumcom us *740 .0040 out osi cjoo *0.050 CMy Dav 50c 2M *500 *0 100 Pt—» H gt 0J0 0320 CnMn T
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    Lock icon BONDS & WARRANTS
    683 18 BONDS WARRANTS LaM Vat Cm* la* oZ L »»2 C—p—y t* ««r- (UMi MM UH AST1W*****1 273 1-5 IK 1 16 7 1.47 "29 Acm» Ltd W*****6 Ji 1 SO 463 2.71 34 Amt«fcWD***** 33.5 0.5 66 1 13 6 1*7 41 .Armstrong W*****0 45 inch 700 1 10 26
    683 words
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  • Article
    Lock icon SGX MAINBOARD
    6100 19 Transaction date: Jan 24 for live prices, log on to uwm\asiaoriemarketsjcorn S3-Ml Last Vol Day Last Quota GrtHv Otv G#YW MM MCap WIAwg t*g> Ua Cia>t Sala W- ("000! Htgk Law twyer Sdhi Cw HI jam Wn 9 6 ABNAmroNIG 56c 9 3.4 138 22.5 8.5 c ACE
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    Lock icon SGX XTRANET
    52 19 *1. 07 _L«*Q—»» SrOt. Mr 6rtM Net mCrn Mta, U» Ciwpwi f—> W# I— M— t+m Cm M |3 wS "J® fi'O Diamonds US9900 M90 WO s IS DJ US Tech USSWO S230 555 440 s IS MSG Spore US450 1M90 *70 s ISS*PS00 US***** ***** 9950 s
    52 words
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    Lock icon SGX SESDAQ
    1623 19 <&t. <— a w a mS> s:gjy s. 5 j g 85 27.5 c AS Auto 10c S3 unch 11K S3 515 52 S2.5 10 N7 15 75 68J 51 S2 28 c A&J Hldgs 20c 38 35 3.8 11 2 6-1 S1J 32 698 JOcASTlWt 40.5 *0.5
    1,623 words
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    Lock icon CLOB INTERNATIONAL
    382 19 UWk UM M Day UMQmM Grtt* Mv firVW KM MCa Wfli I— C—yiy 1*4*4 W- HI M0I U» 8«r«r Mhl Cur Wt Ml no (0 AVJsnningiA2S< A 86 S3 87 40 3.4 It* S 185.1 Cjthay Pac 20c HK. 720 265 2.1 7.4 6 *****2 OwvigKongSOcNK. 1780 240
    382 words
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  • Page 20 Advertisements
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      686 20 Keppel Telecommunications Transportation Ltd I (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2001 I The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited H results of the Company and of the Group for the year ended 31 December 2001.
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      509 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF FIRST FOOD CHAIN NEW UPPER CHA NG I 20 PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 2901 Al an Extraordinary General Meeting of the members of FIRST FOOD CHAIN NEW
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      549 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND LN THE MATTER OK FUKST FOOD CHAIN BEDOK *19 PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-IIP (PURSUANT TO SECTION 290) At an hi inordinary General Meeting of the members of FIRST FOOD CHAIN BEDOK 019 PTE LTD
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      376 20 IN THE MATTER OF COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WEN-CHENG HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOnCE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of th« Componies Act, Cap. 50, a Final Meeting of the members of the abovenamed Company
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      369 20 In the matter of The Companies Act, Cap. 50 And In the matter of TAT HUAT ENGINEERING PTE LTD. (In Creditors' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company, duly convened and held at 336 Smith Street #06-308 New Bridge Centre Singapore *****6 on
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  • EXECUTIVE Lifestyle
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      Lock icon A new heaven and earth in Shanghai
      1172 21  -  Xintiandi stands as a perfect symbol of the new Shanghai And whafs also notable about the project is that a Singaporean team was largely responsible for its design and development OBOFFBBTBU looks at how Xintiandi has successfully breathed new life into an old
      1,172 words
    • PERSPECTIVE
      • Article
        Lock icon Goodbye,Times House
        746 22  -  Times House has been a second home for many of as, we loved it as mnch as we hated it. Bat a spanking new building awaits us in Toa Pay oh a a the cuff jaime ee THIS time next week, I will be writing from a different
        746 words
      • Article, Illustration
        Lock icon At home in Shanghai
        1125 22  -  COVER STORY By Geoffrey Eu THERE'S no hotter place in Asia than Shanghai to be living la vida loca these days, so it's no surprise that Singaporeans are flocking there in droves. Unofficial estimates put the Singaporean presence in Shanghai at between 3,000 and 4,000, with
        GEOFFREY EU  -  1,125 words
    • ENTERTAINMENT
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        Lock icon Nibble and swill the night away
        1070 23  -  paryathi mayar stumbles upon two stylish bars with inviting snacks PARVATHI NAYAR YOU know that empty feeling. No, not the existentialist one, but that hunger-thirst panic late in the evening. After taking in a show or long workday, you're desperate for a bite to
        ARTHUR LEE  -  1,070 words
    • MUSIC
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        Lock icon Seen and heard: what's hot?
        1357 24  -  kamhbm CHAMDBAir listens to the soundtracks of some recent and current movies and discovers some musical gems KANNAN CHANDRAN WHILE the epic Star Wars swept a recent BBC poll to land the top spot as far as soundtracks go, there's an uncanny familiarity about a
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    • CINEMA
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        Lock icon Best to ignore this disturbance
        560 25  -  Domestic Disturbance starts off at a low ebb and 10 minutes later, manages to sink totally out of sight Byi Geoffrey Eu IN recognition of the start of awards season, may I have the envelope, please: If not for the fact that he has already
        560 words
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        Lock icon O is for Othello distortion beyond rescue
        588 25  -  Byi Susan Tsang UPDATING classics of English literature to be set in American schools has given rise to enjoyable outings like Ten Things I Hate About You, which reworked Shakespeare's The Taming of the Shrew, and the excellent Clueless, which transported Jane Austen's
        588 words
      • Article, Illustration
        Lock icon Shallow Hal surprises with some depth
        728 25  -  The Farelly brothers have turned their latest onting into a charming love story Byl Tan Hwee Hwee FANS of the Farelly brothers may be in for a shock. Word on the street is that the Farellys have gone soft. In their latest film, they've
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    • BIZ WOMAN
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        Lock icon Ms Chaplin
        775 26  -  PARVATHINAYAR talks to Karen Loftus, who is in town as part of her international tour, to find out what it takes to become a successful comedian PARVATHI NAYAR Blonde goes with black, grins US comedian Karen Loftus, all in noir from Kate Spade bag to Gucci belt. The
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    • ART
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        Lock icon Reading art
        994 27  -  With the maturation of the local arts scene, it's only inevitable that arts publications designed to document its growth and encourage more artistic discussion have materialised in the past two years, tax hwee hwzse looks at three fledgling publications TAN HWEE HWEE focas THE Forum on Contemporary Art
        994 words
      • Article
        Lock icon THE PROGRAMME
        299 27  -  Compiled by. Aaron Lye PERFORMANCES Comedy fun aft Bar None Presented by Virgin Mobile and Bar None, renowned British comedians Mark Billingham and Paul Thome are let loose in Singapore with a decidedly unpredictable and sometimes over-the-top style of humour. Jan 29-30, 9 pm, Bar None, Singapore Marriott
        299 words
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        Lock icon SPOTLIGHT
        228 27 ByChmmh. Ui Hoon Tbt hue Six choreographers contemplate the effects of the Sep 11 World Trade Center tragedy in a full-length dance piece Pitt mi pfaqwrs: The Arts Fission Company starts the year with a piece fully choreographed by director Angela Liong and the company's five members. Liong* s
        228 words
      • Article
        Lock icon Treading the tested path
        539 27  -  By, Aaron Lye MAINTAINING the status quo seems to be the order of the day for a few theatre companies as they usher in the new year with a plethora of new productions. For example, take Roger Jenkins and Dramaplus Arts, with the upcoming restaging of
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    • EPICURE
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        Lock icon Have a cuppa at Teaspa
        860 28  -  Feeling sleepy? chbhh oi-hoom reveals how she stavs awake CHEAH UI-HOON WITH top tea brands like Ronnefeldt and Penelope Sachs being swilled around in several hotels here; and a new tea boutique sprouting up in Raffles City, tea, especially of the herbal kind, is poised
        ARTHUR LEE  -  860 words
      • Article
        Lock icon Ambitious Sushi Don pleases with wide selection
        448 28  -  By, Jaime Ee FUN AN the IT Mall seems more a repository of computer paraphernalia than a hotbed of culinary delights. So you wonder whether the crowd that's pushing into Sushi Don is there for the food or because they'd just come from
        448 words
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      120 22 Why take risks in your business planning? fl Let Spire help you to make a calculated move. As one of Asia's leading market research firms completely focused on customised Market Environment Research, we give you the knowledge to decide. •Market Sizing Forecasting« Market Trend Segment Analysis* Business Partner Identification •Market
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  • Page 22 Miscellaneous
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      193 22 CRYPTIC CROSSWORD 6 'island detaits of a y >n o vening(4 3, 5) Make tremendous commo- !L^ 18 Press foradjtoon to three- tjon as put jn M MMTTM^M~WmI9*2O car family? (6. 6) storey? (5. 3. 4) —W 21 Tiny saiidamaged in this 14 How commonplace chap 21 I I j
      193 words
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  • Page 23 Advertisements
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      62 23 CARAN dACHE OF SWITZERLAND v\ V V wßt ECRIDOR COLLECTION MAKE YOUR MARK Sole Distributor: SILVAROYAL PRIVATE LIMITED 27 LoyangWay Singapore *****8 C.vnn dAc he is nv.iil.iblc it TAKASHIMAYA (Level 3) TIMES NEWLINK Changi Airport TI (Departure Transit Lounge E.isti T2 (Departure Transit Lounge North). Speciality Watch Pen Stores www
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      Lock icon Page 23 Advertisements Column 2
      63 23 Space Sale must end soon hurry last days Mb j|y I We're making space IllF for our new 2002 collections So for a limited time only Europe's most exciting contemporary furniture p is priced to clear K i SPACE Millenia Walk Level 2. 9 Raffles Boulevard tel 415 0000 0
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      375 24 Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: $27.80 (Adult), $17.00 (Child under 1.2 metre) Dinner $28.80 (Adult), $17.50 (Child under 1.2 metre) For reservations, please call 290 8005/299 9011. Prices subject to service charge govt, taxes Including GST Available
      375 words
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      160 24 Tango to the sunny flavours of Spanish cuisine at St. Gregory's Brasserie Courtyard. Begin your exotic meal with traditional selection of cold and hot tapas. Adjourn to the Courtyard where Seafood or Chicken Paella is cooked on the spot. Also available are Grilled Shellfish. Spanish style Beef Kebabs and many
      160 words
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      Lock icon Page 24 Advertisements Column 3
      136 24 I ®M I Function Room available for your I I Company Dinner Dance I I Birthday I H i ■.s I Anniversary Dinner Dance I I Baby's Full Moon I I Buffet and Coffee Break available. I I VCD, Karaoke, fall «oa«d syttn I I I I Maximum -100 pax
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      106 24 NUTRmOUS BANQUET I to 31 lanuary 2002 Savour our Nutritious Banquet specially created by our Executive Chef Edmund Lui and Indulge In delicacies such as Double-Boiled Bird's Nest with Rock Sugar. Hong Kong Raw Fish Hot Rot and many more. OJLIV, For a nourishing diet, call 831 6262/66 lfl£ now
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      158 25 CITIZEN DEEP c Dive computer watch g CVBCR fIQUfILfIMD Imagine a watch that can go from a cotal reef to a posh penthouse party and not look interactive data exchange out of place l The CITIZEN PROMASTER CVBER AQUALAND displays all the data a diver needs and all the style
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  • Page 26 Advertisements
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      125 26 Hong Show Feb Mar 2002 Kong Centre for fine The 2001 show featured international participation with exhibitors from 28 countries regions over 15,000 visitors fronliNKHKl the world for the *Mt xSfMA W I jr. w*m w srxt |jc«w.'«v http://hkjewellery, com Organizer: Hi#mn a m Hong Kong Trade Development Council co-organizers-Hong
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      138 27 Offering a blend of the exacting traditions of Japanese cuisine mixed with modern techniques. «pPI Restaurant J Bar VjHflFi jazzes up with its opening eating out? Now till 28 February, receive a complimentary bottle of Louis Roederer Champagne when you spend 150 and above at Restaurant J for dinner and
      138 words
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      161 27 TheDakl 40% OFF RAINFOREST Langkawi s exclusive resort is offering 40% off our normal room rates Call now before it disappears Hie offer that is Promotional Price Per N Ight Deluxe room RM76O nett per night Offer valid until 30th June 2002 (Not applicable from 22nd Dec 2001 6th lan
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      34 28 Jl I 1 H^IMB jm <J»» 1 4Br 1 I■P■■ Bi w I ■Si? I hh ||RJM| I 8 Ik I I I ISfH lllwlUl IVMICI mmmamMC I W W I '■■HI I I
      34 words
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      Lock icon Page 28 Advertisements Column 2
      96 28 P^PI PEARL RIVER PALACE CANTONESE RESTAURANT (Level Treat your friends and family to refreshing Yangzhou cuisine specially prepared by seven Yangzhou chefs at Pearl River Palace Cantonese Restaurant, Level 3 of Suntec Singapore. Tenderly braised "Lion's Head" meat ball, the famous Yangzhou Braised River Carp and Prawn Spafzle are just
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      288 29 Reuters THE Baltic Dry Index (BDI) fell nine points to 941, the Baltic Panamax Index (BPI) lost 25 points to 994, the Baltic Handymax Index (BHD eased seven points to 6,742 and the Baltic Capesize Index (BCD was down two points to 1,079. ♦Fu May (new build) 76,300
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      239 29 JmU n *b Wl CWT Distribution 0.63 -OOI 109 Cwti twostmont —023 -OOI 303 FnMttLMs 0.07 unch 79 69HoMkt«l 049 -002 10 IMCHoMngr-HK M0 und) 0 Joya Holdings 0.19 unch 726 KappplCorp X64 -0.04 44M Kappol Marino 021 -0.01 709 MmITHi L09 unch 1229 UbrayltartM OJT -0M SO
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      Lock icon US offers some insurance cover for ships in M-E
      255 29  -  By Donald Urquhart [SINGAPORE] The US Maritime Administration (Marad) has announced it will provide selective war risk insurance coverage for commercial ship operations in the Middle East. Under the plan, all USflagged vessels and those ships owned by US companies are
      255 words
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      Lock icon World seaborne trade likely to grow only 2%
      485 29  -  Last year's growth hit by economic slowdown in US, Europe: Unctad By: Donald Urquhart [SINGAPORE] World seaborne trade which boasted its 15th consecutive annual increase with a growth of nearly 3.6 per cent for 2000 will likely slump considerably in 2001 to
      FILE PHOTO  -  485 words
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      Lock icon Royal Caribbean shareholder sues over P&O Princess bid
      400 29 Bloomberg [MIAMI] Royal Caribbean Cruises was sued by a shareholder who says a planned US$7.4 billion acquisition by rival P&O Princess Cruises pic to create the largest cruise line would expose the companies to damaging US tax liabilities. The suit, filed in
      Bloomberg; FILE PHOTO  -  400 words
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      Lock icon MPA backs US call to x-ray transhipments
      250 29  -  Important to step np maritime security in view of current security situation By) Beth Jinks [SINGAPORE] US Customs calls for transhipment containers to be x-rayed and electronically sealed in Singapore to circumvent potential terrorist threats "merit serious consideration", according to the Maritime and
      250 words
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      Lock icon Vessel owner held in contempt of court cannot apply for stay of proceedings
      776 30  -  —Hi jgiMWMiIWWBWWMTIiaMWWMWTin^ ADMIRALTY CASEBOOK By Selva Kumar THE act of selling a vessel while a warrant of arrest for it was in force was contempt of court and it was no defence for the person who sold
      776 words
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      Lock icon SHIPPING SCHEDULES INDEX
      221 30 PAGE Frt Links 10 Appenship 5 Aunt 10 Gemartrans 4 B tang Mas 6 GLW t0 BSA i Glory Kav 10 BSC 9 "*>«•' 6 BTL 10 Hamburg-Sod 6 Bat# 4 ***> 9 Batamindo 9 Heung-A 3 CMACGM 3 HubUne 10 COSCO 3 HUAl 10 tt Central
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    • AVIATION news
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        Lock icon SIA adds flights for lunar new year
        208 30 Dow Jones [SINGAPORE] Singapore Airlines (SIA) will increase flights and expand seat capacity on routes to destinations such as Malaysia, Australia and Japan for the Chinese New Year period, catering to the traditionally higher travel demand then. Between Feb 7 and Feb 17,
        Dow Jones  -  208 words
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        Lock icon Garuda to send data from flight crash to US
        263 30 Move to find oat why both aircraft's engines died Bloomberg [JAKARTA] PT Garuda Indonesia said it will send flight data from a Boeing Co 737-300 passenger plane to the US to investigate the possible reasons for its crash last week, including
        Bloomberg; AP  -  263 words
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      Lock icon SHIPPING GUIDE
      15488 35 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyaqe T»*»pfxx>« ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Nam* Number Number 10/02 01/0} Hyundai MM MING DYNASTY «7W 65 *****44 To ABIDJAN (ABJ) 2003 Cot* D'lvoira '3/02 04/03 COSCO empress phoenix oiu* 65-226*00
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        Lock icon CONVENTIONAL WHARVES I
        766 39 Vessel Voy No Berth Arrhrel Depertw WorM Act n J l *JOT t 24/01/245 27/01/234 Zlm Sport 1 JI9 24/0V245 2V01/17:3< MMnri *****4 JI2 24/01/630 24/0VI94I H tipiUnct 2VOI JK 24/0V835 24/01/164< It Bmc**2 ***** J01 2V01/8 30 24/01/204 IM« Mufyi J***** J02 24/01/5:45 24/01/234 Ca 5222
        766 words
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        Lock icon CONTAINER SCHEDULES
        1943 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclng/B*l*nce Rstls SWp VoyHo Etb/Btr Period Fron To Fro* AOMCVt* 413 24/22*0 H 21/HOO 23/1*99 23/1*00 wwu «i isam i arm 23/099 urm 2A 23/1700 24/0*59 2 VOW 21 21/1700 24/0099 24/0900 3 24/0700 24/IH9 24/MOO 4 24/1200 24/M59 24/1700
        1,943 words
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        Lock icon GLOBAL HOLIDAYS
        227 39 January 26 Australia: Australia Day Fakrury 1 Malaysia: Federal Territory Day February New Zealand: Waitangi Day February 11 Japan: National Foundation Day Taiwan: Chinese New Year Eve Vietnam: Chinese New Year Eve February 12 Brunei: Chinese New Year China: Chinese New Year Hong Kong: Chinese New Year Indonesia:
        227 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        792 39 THIS report, compiled by Cock en Marine Oil Ltd. shows price ranges 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
        792 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        460 39 Carton 180 Mu 987 0 10 8.4 0.07 66 0.04 JmTT OwsttY Mtw —MM MMMm Mbmrt Noa8oee£25 0 0 2 0 0 0 380 Am 964.3 02 13.4 0.05 29 0.02 Inn 360 Max 990.4 16 17.2 0X17 71 0.04 Ufiri M/M »M/M WM —Oat No
        460 words
    • AIR & LAND transport
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        Lock icon US urged to make airlines match bags on all flights
        490 40 Lawmakers s&y bag-matching should extend to connecting flights Reuters [WASHINGTON] The US administration should make airlines match passengers with their checked luggage on all commercial flights to close a dangerous loophole in a nationwide se- curity initiative that began last
        Reuters  -  490 words
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        Lock icon Boston's Logan venue for airport security meet
        466 40 Dow Jones Newswires [BOSTON] Airport officials will discuss how they can make their own airports safer at the airport where terrorists launched two attacks on the World Trade Center. No one really knows what a safe airport looks like, say security experts who
        Dow Jones Newswires; REUTERS  -  466 words
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        Lock icon Airport runway incidents decline
        195 40 AP [WASHINGTON] The number of near-collisions and other unauthorised movements on airport runways declined last year, reversing a trend that has concerned the government and aviation community for years. Federal Aviation Administrator Jane Garvey said on Wednesday that runway "incursions" dropped last year to 380 from
        AP  -  195 words
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        Lock icon Alitalia's privatisation on hold
        376 40 Italian govt wants to implement cost-catting plan first Reuters [ROME] Italy's government plans to keep a holding in flag carrier Alitalia of more than 51 per cent for at least the next two years, a union official said after meeting government and Alitalia officials. The Italian
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        Lock icon Afghan airline makes first int'l flight in over 2 years
        390 40 AP, Bloomberg [KABUL) Afghanistan's national carrier made its first international flight yesterday in nearly two-and-a-half years, its lone Boeing 727 taking off from Kabul to New Delhi after a worker climbed up a mobile stairway and used a plastic jug
        AP,; Bloomberg; AP  -  390 words
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        Lock icon Cebu Air may not fly to Seoul
        189 40 Bloomberg [MANILA] Cebu Air Inc, the airline unit of JG Summit Holdings Inc of the Philippines, said it will drop plans to fly to Seoul if the government gives some of its flying rights to Philippine Airlines Inc. Philippine Airlines has asked for
        Bloomberg  -  189 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1636 40 crrr fusht tw njon ere cut moo ulwtt oon an num n* man n» w« a» 0220 UM UW770 2230 "g? S0229 0w>M ***** OBD 1 Amitwdm 0655 «ia*a 2300 fraafctart WWW 0650 LH9763 2350 U975 TWO SO324 2345 <*» S0» 2350 (nil? «54K LM9764 1535
        1,636 words
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      112 29 US urged to make airlines match bags on all flights Back Pg ADMIRALTY CASEBOOK No stay order for vessel owner held for contempt of court Pg 2 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the
      112 words
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      676 30 I TO USA/CANADA I I EXPORT I I OTWIW PCTTWMTTOWB I |VBSa |¥OT| TO |m»| |W»S|Q«O><»|l«WToittl( TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQWaill ***** a/01 I 73/01 I 04/02 12/02 13/02 IJ/02 IVO2 14/02 ««B vor Irauil mc —I' »m n —tw> I n am OOQ/UWia S4EOS 21/01 I 30/01 I
      676 words
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      10 30 Strait Talk FOR STRAIGHT TALK ON Shipping Matters Every Wednesday
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      646 30 Un« services represented by fifk-. Member* of (he Ragi*y of **■"*>«<» M&Ma Accredited Shicoino Aoents Singapore Logics \g_n-. "y Singapore Shipping Ajjociahon Association «v COWVDmOHAI GUtGO Ftoa wr lU«G/SWMX)M/MKMrtt t IWM voy ETAPKL ETA SIN ETAMAL£ Ptlkw* LB> Mt HV« IMC IMC Eapne» Lily M« H« 2&4 C tL« LIU
      646 words
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      1286 31 <3— TO EUROPE FROM EUROPE Iwssa Ivor so mi mm ham m sou laTlvcsa vot |mw mw tv sou m m Him* turn* 353W 27/11 14/92 11/02 17/02 HYUNDM MGMCSS SMI 04/01 07/01 09/01 02/01 24/01 KYIMttIDtSCOVBrr 306W 21/01 14/08 14/02 14/02 13/02 MOIMAAS $471 07/01 04/01 12/01 13/01 24/01
      1,286 words
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      1566 31 It AM 1 T/TittMVl 1 JtMMI T/TslliCVS I IQiM 1 T/Tll4 >11 raniMmimM bti m ?IKSSP?,!iI"-°° *f^P. c s 'a*™*™/" u Kl i '"bgudang telimsmioo nul w-ssMiTt WWM WimNC FT! LTD noiW—t»/u 4205*02 2H»/2 *xtuang M-muus tMUNH CI NO: **********08 TH. *****00 (MAJN) INWARD ID 0) *****16 *****19/49 PENANG 04-*****99
      1,566 words
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      454 31 «ssa ffl S* HC SH> E IHI HIS K W Sil JP SW /cum m g/i m i/i 8)1 fffl lfl mwmsnßK ooi 27/1 11/1 j/t_ I gj| ~~|S| ||j OWFUSM 2DIS a/1 V 7 0/7 W7 14/? Tffg ggglTgi^B Bflt HOWGBIN6 3011 30/1 3/7 V 2 M 0/7 12/2
      454 words
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      1174 32 HMNE* HYUNDAIMERCHANTTMARIN^Oj^TD^^^^ |«i WTT |at gTjgTiji TwT] [rasa wr I m m i» "ant An am 001 w h/ii ii/m it/02 is/n 14/02 *ims i*« »i/u m/ii b/»i «/oi 34/11 ■a HTBEBTT OOSW 25/11 15/07 14/07 10/07 17/07 KT QOMKHOM 3531 17/11 M/II 03/01 75/01 mmmn jam 77/01 i*/07 17/07
      1,174 words
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      531 32 HiHill ASU EXPtESS ISIA SARtt SAAB 24/0! M/oi M 01 iS2A M/o? 01/01 10/01 M/n 153 A 14/91 u/ti 10/01 ]1/n IS4A 77/01 15/12 03/03 04/03 wna wr vm mm mmmu mmm mm mmm —am mur HOUWO 1/02 21/11 OirOOT 10/01 11/tl 13/02 U /01 HEKAJUIS 1/01 10/01 13/01 04/01
      531 words
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      470 32 31.sas&f WEEKLY EXPRESS SAILING SCHEDULE also tODßrvm to mi mmthbm md westbw co ram PCI TO COCHM, TVTTCOfW rii COLOMM A KAMOLA Mi NHRM MEW —t ~iiiwn ii if ii ii—m i—i XUMI_ JUBL ■wow van hm ?n sn mnwn mmm mm* *11 immmmdwbs owr 4a in un hdmo mmomw
      470 words
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      754 33 A Great Way dubai Persian gulf WITH IRISL AGENT M SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SJNOSE MARITIME PTE LID CR N0 **********0H BOUSTEAO SHIPPING AGENCCS SON. BHO. PT SJNOSE CONTI PERSAOA TEL *****44 FAX: *****81 KL TEL: 03-*****300 FAX: 03-*****682 TEL. 62-21-*****33 RISL REP: MRECT TEL: *****38 PEN
      754 words
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      552 33 1 R9I L UK CONTINENT SERVICE Loadng for EXPLORER II RDM/ATW/BMN/UK/LPL I KAN SEPAT RDM/ATW/BMN/UK/LPL Loads Sngapore. EVW Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for ZEYNEP ANA JDH/AQA/DMT CORAL I DBI/ABU/DOH/BRN/DMM/KWT JIN SHUN HODEIOAH/JEDOAH/AQABA PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT "Loads Sngapore. E7W Malaysia. Indonesa USA SERVICE Loadrig for AS! RAT
      552 words
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      1182 33 ml. *01 SI ESS! _msa mi M— mm* iiu 14/01 30/01 Mf -tALUii iw um sim 1 iiffii S- jtLmun U3A sim ma 050SN 20/01 20/fiMCOAU 717S 07/0? 00/02 -JfiiMi m y»L_ Pi! mm gglmml S? W& Wj" JtSJMM TIH JkM j'/w tac nfiAn HM am osm MM »rtt» I
      1,182 words
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      1069 34 WOft/UK/SCANMNAVIA export vbsm/voyace iscr I—|W6|w» w> I a [wT jrggßgjMgi 27yoi ivro]- imp \w z B»DBBfID»74WME4 2MII IV® IMB I inn 2MB 21/® JIMPOI3MSIW OWB 21/® 2MB X® awooimMw ovp| urn 1 ?yo?| z7/ro| imp lAST AND WW MED4TIRRAMEAN/UACK SiA UfOB VISSa/VOYAGE ISGP lIU GNA FOS [KM VIC liT U(MQ«3M»W
      1,069 words
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      841 34 TO: UK/NORTH EUROfE KAIS WEEKLY SERVICE YKStL IVQT I M I m I MM 1 Mil 1 m AM mfm CMA (GM MflßMßi JAM 31/01 JIM n/m ?i/o? nm jt/o? um ffIUPAKIME m QS/Q2 -MZQ2 24/02 ?t/o? nm 03/03 01/03 |VUIE D AQUARIUS IfcHW 12/02 13/07 07/03 Q4>o3 OS/03 10/03
      841 words
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      545 34 BSfl n. teA MYANMA W* five star une (MyoMnar Notioool Um) Looking for Ynjoi vissa vor SM m ra k<i ■ongu aw su> OW SHWI HAW S4W SU) ■AUYSIA worn: MVS HAD SMPPMG AGBKKS *UL TU 03-*****)00 «1_ TH 03-*****101 fßt ra 04-2612*0? fOfc ra 07-*****21/4 BANK LINE (A service
      545 words
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      177 37 1 VF KALIMANTAN 1 DIRECT WIEKLY SERVICE TO 1 JAKAKTA/PAiHttAWC/PtMUU I *«mI I »n m I«r run m IMMUMBI 11/ M M/ll M/ll M/M I I iiiimh IT/B TI/H "H/H K7H lil—l W/W K/H H7ITT7W~ SURAIAYA/PAMJANG vw"! VW SM i tu» i MI OWAOA ggg 31/11 IS/M tt/tt I PfRAWAMG/PttAM
      177 words
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      147 37 Whm Lian Huat Shipping |/Kli Co., (Ptej Ltd Myanmar Shuttle Service (FULLY CONTAINERISED) Ex Singapore vessel vovNo. Ira I etd SljjGAjjG 0228H 17 JAW 18 JAN HONGBANG 021 ON 24 lAN 25 JAN SIHGANG 0229N 311 AM 01 FEB Ex Ym§m VESSEL 1 VoyHo 1 ETA ETD SIN6ANG 0228S 23
      147 words
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      210 37 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA vissa rau iri u lm sm pi m hunon dm a pi ct AlgM lay VOY 016 29/01 01/02 04/02 05/02 14/02- 22/02 25/02 24/02 27/02 «uo BMC m am uu «mb 'iwaa wwme mmmhme owrafiowc —u SIM HX «3W 3MTI M.IC JtUKUA um
      210 words
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      80 37 RtMUUt BtUK-MU /CMOABO/MMMAT/CWTTMOHC livun smOm mjmai o«vt um MJAM MRKT (All KMIAT ■V STAC SMMPOtf COUXMO (HUVT UFT) nn imi-mw ■V VKTOtT SMUTOtf OCNNAi. VOAG HUM OfTTACOWG TW SMGAPOtf CKSAI, IUMMfI x MA LaftMUttJjAflßLJ ESP LINES taw wnmr ia sctyke to iagos VRSB SAJUNG EYHT THURSDAY IQAMMGIVaTWfPATWfttMSIMPAM. CQWVBmomi/ItIAKMtK SBtVKI ETAS*
      80 words
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      261 37 htfßW INS LEE SNIPPING CO PR lift I I 'Vwr fall UUtn (1* IM tan IMWIt/UIMM I I a nnmimt I VESSEI VOT SMETA SMETft KSTMMKM U«wS«l? 2/07 24/01 2S/D1 Bwmsa.lartag UmSa>47 2/0? 24/51 2S/01 xmomdc toSjooor Mil* 3/02 24/01 25/01 torn* Tana* JvrSlti 10 2/07 25/01 26/01 Surah* •toco
      261 words
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      1268 38 VlSSft NAME VOY SMGAPOtE PORT KELANG OfTTAGOWG MONGU ETA ETA FTP ETA ETC) FTA ETD 01W011 SAJ 20/01 21;01 29/01 01/02 o« 02~ <XHO«TY 04*035 THE 79/0 i N 01 05/02 09/02 07W117 THU 31/01 07/07 03/07 07/42 11/42 17/42 14/P2 OtHOWOUt 0TW033 SAT >7/07 03 02 03 02 >7/07
      1,268 words
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      771 38 I Id? |PDZ LINES 17 "fc zIVZr w aasr' 1 1 j^^^^Q^^uEEDIZQ^Hjjjjj^^S^D^S^^EE^^E^^IjEIIZ^^^I^BXQUSSESZEZESii GISWH ***** 25/01 GtU ***** 25/01 GISUNG ***** 25/01 GftIAJK ***** 25/01 6MOCX VSMO V/* «S«6 ***** 20/01 GtSWQ ***** 25/01 «UA* 2231 20/01 MUM 2231 S/oT 00K9SIBKE OK *M GWUAT ***** 21/01 GUOO ***** 21/01 oSS *****
      771 words
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      127 38 FULL CONTAINER SERVICE SIN MSK WPWM SM DAILY SAIUNGS [VESSEL IVOY ETA PCI MY VOY ETHSWI o*7 Jgt flfc Hf: PROGRESS 2SXH 2VOMC W 2533N 26/OMC gffl GOUKNSTOR 1433S jMLC BWI 14MM 27A>Mg IMB PROGRESS 2*345 27/OMB BUM 2SMH 2ML« MOW GOLDEN STAR 1434S 2S/01/C2 (MON) 1434N M/ 01/02 (TUE)
      127 words
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  • Page 39 Miscellaneous
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      Lock icon Page 39 Miscellaneous Column 1
      123 39 200^^^^4^ LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers Rain Temperature Cp/ yyj n( j (jiroction and speed in knots Weather Cloudy Day t3 az i Sea Conditions Wind speed symbols O Full arcle w/o line indicates calm or light and variable winds j j--One half fleche represents
      123 words
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