The Business Times, 8 November 2002

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Total Pages: 38
1 38 The Business Times
  • 15 1 THE BUSINESS TIMES MfTA (P) 010/03/2002 Internet: http://business-times.asial .com.sg SINGAPORE FRIDAY, NOVEMBER 8, 2002 85$
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  • 75 1 □m VMM (-21.38) nsmoßFunxuß mm 1f430u00 (-12.00) nnururau mm YUM (-2.30) STOCK MAMET INDICES Tbufwhy Change KUSEOOMP 665.76 189 NIKKEI 226 *920.44 H86 HANGSKNG _*****8 +76.40 SET INDEX 367.46 +166 JAKARTA OOMP _*»1 7 -0.92 MANILA OOMP .1,083.60 +23.16 TAIPEI WF1 4,***** +3164 SEOUL OOMP ***** 119 SHENZHEN
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  • 71 1 FOBEX BATES uss s$ l!S$(S$pcf US$) 1.763 3i(l'S$/S$ per Si) 1563 2.767 El'ROfUS$/S$/E). 1.003 1.769 YEN 121.8 69.10 KM 3.800 2.156 HKS 7.799 4423 BAHT 4353 24.61 RUHAM 9511 5,223 FUME BATES SINGAPORE* Sift KUALA U MR K 6 40 BONG KONG ft lift JAKARTA 3900 TAJPE1 6 62ft
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  • 479 1 Plans for national accounting bodies to adopt rule in 2004 Bloomberg, FT NYT [LONDON] Companies will be forced to deduct the cost of stock options from their reported profits under controversial proposals unveiled yesterday by a global standards setting body. "Share options
    Bloomberg,; FT; NYT  -  479 words
  • 699 1  -  BTM'MIIUI'M Action shaping np to be test case for strata title laws in Singapore By Anna Teo {SINGAPORE] In what will prove to be a test case of Singapore's strata title laws, a group of People's Park Centre unit owners have gone to
    699 words
  • 550 1  -  Nissan and Toyota slash prices as premiums hit year's trough; Mitsubishi to follow Byi Christopher Tan [SINGAPORE] Sit down before you read this: Car prices look set to drop to their lowest level since the COE system started in 1990
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  • 422 1  - Asian markets shrug off Fed's -point cut In vestors await signs of improved outlook for economy By R Sivanithy [SINGAPORE] What's needed to cure equity investors of their scepticism? More interest rate cuts? Better earnings? Or stronger evidence of a global recovery? Whatever the prescription, it'd clearly have to be
    422 words
  • Page 1 Advertisements
    • 91 1 prams Top itoiin Pacific Internet set to turn around in FY02. Pg 5 Government to push for more foreign SMEs to Singapore. Pg 7 Asia-Pac PC shipments up a strong 9.6% in Q3. Pg 9 Bali bombing takes toll on Thai hotels. Pg 12 M'sians to bid for COEs for
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    • 11 1 ANZ, adviser to independent directors, recommends 98 Holdings' offer. »Page 3
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    • 171 1 Another tough callfor S 'pore panel, Next Page Mr m /^^ggg On the Kne to the chief Sing Tel chief Lee Hsien Yang explains why the group's profit came in below analysts' expectations. Beport, Next Page LUC A proud watchmaking tradition L.U.C 1860 Self-winding chronometer, double spring barrel LU.C -Twin*,
      171 words
    • 24 1 Bigger than expected cut confuses market, Next Page Stocks bump into wall of scepticism, Pg 6 US productivity up 4% in Q3, Pg 18
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  • NEXT page
    • 631 2  -  $415 m fiscal Q2 earnings below analysts' forecasts of $450m-sssom By t Angela Tan [SINGAPORE] Singapore Telecommunications Ltd yesterday said its fiscal second quarter net profit fell 25.5 per cent compared to a year ago to $415 million due mainly to acquisition costs related
      631 words
    • 392 2 He and three others all deny the charges against them in a Paris Criminal Court AP, Bloomberg AMERICAN billionaire investor George Soros is one of four defendants expected to go to trial yesterday in connection with a 14-year-old insider trading case, one
      AP,; Bloomberg  -  392 words
    • 559 2  -  Most believe rates will hold for next few months From Andrew Marks in New York ANALYSTS around the world applauded the US Federal Reserve's rate cut on Wednesday, but the aggressiveness of the cut is tempering the cheer in
      559 words
    • 389 2  -  CCDG's job to get feedback on new proposals by lASB By Wong Wei Kong [SINGAPORE] Listed Singapore companies may soon have to expense stock options, after the International Accounting Standards Board (IASB), which Singapore follows closely, proposed a rule yesterday to force
      389 words
    • ON THE grapevine
      • 79 2 Freudian slip at PSA WE thought for a moment yesterday that a major shakeout was under way at PSA. After a Masnet announcement on Wednesday revealing the appointment of Eddie Teh as PSA's executive deputy chairman, another announcement yesterday was headlined "PSA appoints executive chairman". A check showed the statement
        79 words
      • 100 2 A GLITTERING event will take place next Tuesday in the presidential room at Hotel Royal the official receiver of Wang Wang Pawnshop will auction jewellery worth more than $1 million. According to the auction notice, "more than 750 lots of new and used set jewellery
        100 words
  • Page 2 Advertisements
    • 177 2 Will regional buys force Sing Tel to cut dividends?, Pg 3 Ik- JK I HI a Plf. s?:'i' J At Ristorante Bologna wcvc just flown in our newest ingredient. For lli« past 15 years wc ve (tccn serving the finest Italian cuisine at Ristorantc Bologna Wc malte our very own
      177 words

  • SINGAPORE companies
    • 444 3  -  No certainty share price will remain at current levels if both offers fail: ANZ By Serena Ng THE independent financial adviser to Nat Steel's independent directors yesterday declared that 98 Holdings' $2 per share general offer for the steel mill is "superior in
      444 words
    • 658 3  -  It expects to record tax expense instead of tax credit in the first half By Loh Hui Yin NATSTEEL, now the target of a takeover battle, yesterday warned that its profit in the second half of this year is expected to be
      658 words
    • 614 3  -  HOCKfWy^j angela tan SINGAPORE Telecom has achieved part of its ambition to become a regional player by taking strategic stakes in fast-growing mobile phone operators in Asia-Pacific. But while this strategy, adopted since the late 1980s, is paying off in terms of
      614 words
    • 601 4  -  UOB in talks to bay into China banks; DBS focnses on organic growth Reports by Siow Li Sen SINGAPORE banks are taking different approaches to expand into the China market. Shortly after toasting China's finance minister on Wednesday, United Overseas Bank chairman Wee
      601 words
    • 489 4 SAP ranks risk profiles of Asia-Pac banking systems SINGAPORE and New Zealand banks are moderately low risk, said ratings agency Standard Poor's in a review of the risk profiles of banking systems in the Asia-Pacific. Banks in Australia get the best marks for
      489 words
    • 184 4 Boost from rise in agency fees, vehicle accident assessments VEHICLE inspection firm Vicom posted a 25.2 per cent rise in group net profit to $2.72 million for the six months ended Sept 30, as agency fees, vehicle accident assessments and base rentals increased. Also boosting
      184 words
    • COMPANY Briefs
      • 72 4 SINGAPORE Technologies has mopped up over 90 per cent of Vertex Venture Holdings in its takeover bid and plans to exercise its right to acquire the remaining shares from dissenting shareholders on Dec 9. In an announcement yesterday, DBS which is making the
        72 words
      • 100 4 RISING investment in India's IT enabled services (ITES) sector is delivering a steady stream of business for Datacraft Asia, the company said yesterday. The application network integrator said it has won a string of contracts, worth more than US$7 million in the last nine
        100 words
      • 61 4 TEMASEK Holdings' deemed interest in SMRT has been reduced to nothing following a married deal which disposed of 9 million shares or a 0.6 per cent stake at 61.3 cents apiece. The married deal by registered holder Tibs Investment was done on Oct 31.
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      • 65 4 KIM Eng Ong Asia Holdings Ltd said its wholly owned subsidiary, KEFHKL, has been placed in members' voluntary liquidation and that Alan CW Tang and Alison Wong Lee Fung Ying of Grant Thornton have been appointed liquidators of the subsidiary. KEFHKL has been inactive since it
        65 words
      • 94 4 GP Industries has incorporated a subsidiary in Hong Kong and acquired another in Germany. Pro Audio Times Theatre was set up in the territory with a paid-up capital of HK$l million (*****.000) to retail consumer audio and video products. A dormant company before the acquisition
        94 words
      • 45 4 OAKWELL Engineering has set up a Shanghai unit to provide engineering consulting business. Oakwell Engineering Services (Shanghai), which has a registered capital of US$2OO,OOO, will be funded by internal resources and the investment will be made over 12 months.
        45 words
    • 273 4 1 LOSS-MAKING wood products supplier LHT Holdings yesterday announced a proposed private placement of up to 40 million new shares to raise as much as $4.1 million. The company said the $4.1 million net proceeds, after deducting about
      273 words
    • 286 5  -  Firm declines to say if it's eyeing USs4som stake alone or with partner By Audrey Tan SINGAPORE Technologies Telemedia said yesterday that it was submitting a bid for a 42 per cent stake in Indonesia's second-largest telephone operator, PT Indonesia Satellite Corp
      286 words
    • 317 5  -  Edgematrix not a major supplier, says CEO Montefiore By Serena Ng MOBILEONE (Asia) said yesterday the impending liquidation of one of its technology partners. Edgematrix, will not have a material adverse impact on its operations or financial position. Ml chief executive Neil
      317 words
    • 468 5  -  It posts 3Q net profit of $482,000, bringing 9-month earnings to $2 Jm By Serena Ng AFTER bleeding for two years while pursuing a regional strategy as opposed to local competitors like Sing Net which focused their energy and resources on the
      FILE PHOTO  -  468 words
  • Page 3 Advertisements
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      138 words

  • Page 4 Advertisements
    • 6 4 IMPROVE YOUR FUTURE SEE YOU TOMORROW!
      6 words
    • 191 4 PM%/WerhousF(GOPERS CDC LEARNING In an increasingly knowledge-driven economy, intellectual properties (IP) such as patents, trademarks, copyrights, information databases, knowhow and brands are viewed as strategic assets for future success. The growing recognition of the potential of IP in value creation is forcing businesses to pay attention in the proper management
      191 words

  • Page 5 Advertisements
    • 43 5 Romancing History Art Jewellery with a Difference 8-20 Nov 2002 Monday Saturday: 1100 1800hrs PH Sun: Closed JIA House of Fine Chinese Art 9 Penang Road #B I—l 4, Park Mall Singapore *****9 fwihn ite premises of The Morfessori Shop) Tel: 6337 9438
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  • SINGAPORE markets
    • Article, Illustration
      306 6 OTHER SINGAPORE INDICES Nov 7 VALUE CLOSE BTO&DS -144.00 -201.00 ■TCAM -*****.00 "9500 BT 10-4ay MA -*****.00 -14.00 AA-SG EqmMM 372.82 -5.43 SCrpMuBwt 120.20 .1.54 SGEqaMasFln 1268.76 -17.15 ***** MSC1 Singapore 176.34 -2.97 SMSCIFahvM 176.30 -2.30 PaotaCenturylOc 16.250.000 CKiraya 2.5c._—_ 13.402.000 Datacraft 10c 9.777.000 S»™r«15c 9.524.000 NOC 9.521.000 TPV USlc
      306 words
    • 278 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan THE stock of Hong Kong-based computer monitor maker TPV Technology has been consolidating since March, when it was trading near its highs at around 94 cents. Yesterday, the stock slipped 3 cents to 57.5 cents. It
      278 words
    • 757 6  -  STOCKS r. sivanithy CLEARLY, scepticism abounds. Even though the US Federal Reserve delivered a bigger-than-expected interest rate cut, Wall Street rallied only half-heartedly and the whole of Europe closed underwater on Wednesday. Likewise, Singapore stocks fell across the board yesterday as the market lived
      757 words
    • 556 6  -  CURRENCIES Bat Asian currencies other than the yen lag gains made elsewhere larry wee THE surprise overnight cut of 50 basis points in short-term United States interest rates lifted high yielders like the euro and Australian dollar to their best levels in
      Source: Reuters  -  556 words
  • 3101 6 UNIT TRUSTS FUNDS SBamw Select Eqty Dividend Ptfl 0 8* S B Set Gib Business Ldrs Ptfl(SGD) 0U SBSd Gib Business LdrsPtfl(USD) OKI AJH Aim AM Mft (S'porel Star Europe Eqty!* 1 0614/ fii—iiiifcMdi AM MM Star Europe Bd 1 06/ Com Global Finance Index Fd 0765/ Star Europe Bal
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  • SINGAPORE news
    • 549 7  -  It's positioning Singapore as a springboard into the region By Chuang Peck Ming THE government has made it a priority to draw more foreign small and medium enterprises to Singapore. "We want to attract SMEs from all over the world to set up business
      549 words
    • 357 7  -  BTIsHJI.kn'/si fy Vince Chong NTUC Fair Price has signed an option to buy over Rivervale Mall from sister firm NTUC Choice Homes for $59.3 million, sources said, two years after the complex was put on the market. The price translates into an
      357 words
    • 388 7  -  By] Eugene Low FEWER Singapore companies see the need to freeze wages next year, a survey by global human resource consultancy Hewitt Associates has found. Among the organisations here surveyed by Hewitt between July and September, 22 per cent reported a pay freeze this
      388 words
    • 387 7  -  By Wong Wei Kong A RESHUFFLE at Citigroup Asset Management (CAM) has seen Alan Harden, who played a pivotal role in pioneering the unit trust distribution industry in Singapore, leave his Tokyo-based po sition as head of the fund management firm's retail and high
      387 words
    • 224 7 THE Housing Development Board (HDB) has made available for application an executive condom in ium site (EC) in the government's reserve list at Woodlands Drive 53/16. Analysts say the likely price of the site ranges from $110 to $145 per square foot per
      224 words
    • 357 7  -  Ven Sreenivasan TEMASEK Corp is selling CPG Corp (formerly PWD Corporation), and has commissioned investment bank JP Morgan to find a buyer for the business. The sale is the first by Temasek since it announced its charter in July, which was essentially
      357 words
    • 384 9  -  Education and home sectors showed strong growth, says Gartner By' Tang Weng Fai ASIA-PACIFIC personal computer shipments defied the doomsayers to register solid 9.6 per cent growth to 5.6 million units in the third quarter of this year, according to estimates
      Source: Gartner Dataquest  -  384 words
    • 392 9  -  Bat there are doubts on extent suggestions will be implemented By Vince Chong MANUFACTURERS are supportive of the recommendations announced by the Land Working Group (LWG) on Wednesday, although there were doubts as to the extent the suggestions will be implemented. Among the LWG's
      392 words
    • 372 9 RECOMMENDATIONS by the Land Working Group (LWG), viewed by analysts as being neutral to pro-de-veloper, had little impact on property stocks yesterday. The counters climbed in the morning but by the mid-day break, the gains had been eroded in line with the broader market.
      372 words
  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 1573 8 1 ne Business 1 imes, hriday, November 8. 20( UmM rccniitesph.com.sg CITIBAN<G I Citibank, NA (Incorporated with Limited Liability in the U.S.A.) FSLA^^roSmON^^ I**1** Citigroup lNC AND subsidiaries CONSOLIDATED STATEMENT OF cmoraue,nc and subso.ar.es December 31, Year Fnrl»H H«r«mhT In Millions of US Dollars 2001 2000 In Millions of US
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    • 204 8 MOIOM \Kk SIV.APORK PrK I .TO tin Memhers' Voluntary I iquul.ition> NOTKK OK FINAI. MFKTINfi NOTICT- IS 111 RLBY C.IVKN that the l-tnal Meeting of the abovenamcd Company will be held at I (ioldhill Pla/a #02-07 Newton Road. Singapore WWW on December 21X12 at 10.00 a m for the follow
      204 words
    • 387 8 IN THI MATTKR C* THI OIMPANIKS ACT. CHAfTKK VI WAITIR All XANDLR (lAK I-AST) PTHLTO 7lOllil>ATH)N NTAK> At an Lxtraordinary (icncral Meeting ol the Company convened and held at 4 Central Boulevard. Central I'ark I jrbcrt. Scotland KKS 4kU. United Kingdom, on the 31m day of October 3102. the lollowing
      387 words
    • 395 8 IN THI. MAITI.R (H THI CIIMPANII -S ACT. CHAFTVK *1 SOC( tMINTIH lAK I AST PTT I Tl> Ml "^j,— At an I xlraordnury (icncral Meeting <•! ihe Company converted and held al 2(H) antonmcni Kiiad. PM 111 Souihpoini. Singapore (MW76.V on the 28lh da> of (K'liihcr 2002. the following
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    • 330 8 In dM Matt er ol T>w Conponm Act, Cap. 50 And In dw Matter of HONOLULU DEVELOPMENT PTC. LTD STATUTOtY DECLARATION BY DIRECTORS Of COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON Of ITS LIABILITIES I CHUA KENG CMEOW of 5000 C Marine Road *09-11 Sngapan *****6 NRIC. No. Soo9lBolf. mot*
      330 words
    • 1802 8 JAYA HOLDINGS LTD NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held at 13 Tuas Crescent. Singapore *****7 on Friday, 22 November 2002 at 11 00 am for the followinq purposes AS ORDINARY BUSINESS 1. To receive and adopt the Directors Report and
      1,802 words
    • 12 8 To advertise your Notices Call toll-free 1800 289 8822 or email recruit@sph.com.sg
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  • Page 9 Advertisements

  • EDITORIAL & opinion
    • 836 10  -  MTxTTr^iTThT^ OPINION john gee John Gee is a freelance writer. In 1998. he wrote Unequal Conflicta book on Israel and the Palestinians. ISRAEL'S government plunged into crisis when Labour leader Benjamin Ben Eliezer made a resignation issue of the government's desire to maintain spending
      836 words
    • 51 10 In an underdeveloped country like this, to be in power is everything. The military is out of power. For some of the military people to be out of power is unacceptable.' Nnrcotish Ha4jid a prominent Indonesian Muslim scholar, on his understanding of the motives behind the Rali
      51 words
    • 625 10 EDITORIAL SHOULD the government consider putting all securities regulatory functions under a single agency? There seems to be merit in this idea Right now, the job of regulating the securities market in Singapore is shared by three agencies: the Monetary Authority of Singapore (MAS), the
      625 words
    • 1079 10  -  After nicely wrapping np the mid-term elections for the Republicans, the president now has to figure ont how to get the economy back on track By\ Floyd Norris NYT PRESIDENT George W Bush led his party to a stunning mid-term election victory
      NYT; AP  -  1,079 words
    • 830 10  -  COMMENTARY Give Kim Jong D an unambiguous message on his nuclear weapons By Hal Piper The writer is editor of JoonAng, an Englishlanguage newspaper in Seoul LAT-WP [SEOUL] Considering that we in the South Korean capital live within artillery range of a failed
      LAT-WP  -  830 words

  • MAIL bag
    • 402 11  -  Francis James Higgins Singapore I REFER to the letter "Casinos are well worth the gamble" by Ronald Tan (Mailbag, Nov 5). His comments are correct and accurate. I have had more than a decade of experience in the cruise industry in Singapore and 18 years
      402 words
    • 80 11  -  Mavis Kuek Deputy Director Marketing and communication EDB. Singapore I REFER to the headline in yesterday's Business Times "S'pore-Japan FT A to yield $60m annual savings: EDB" (BT, Nov 7). We wish to clarify that Mr Teo Ming Kian, chairman of the Economic Development Board,
      80 words
    • 171 11  -  Han Cheng Fong Managing Director Fraser and Neave Limited I REFER to your article "F&N confident about Shanghai property market" (BT, Nov 1). I would like to point out that a number of comments in that article were incorrectly attributed to
      171 words
  • Page 11 Advertisements
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  • REGIONAL news
    • 393 12 TERROR FALLOUT Hotel association estimates losses from cancellations at 120 m baht AFP Reuters [BANGKOK] Thai hotels are reporting heavy booking cancellations, in the wake of the Bali bombings. While in Indonesia, the World Bank warned that the number of visitors may decline
      AFP; Reuters  -  393 words
    • 74 12 Reuters [JAKARTA] Indonesian police said yesterday the owner of a minivan used in last month's devastating car-bomb attack in Bali had admitted being part of the group that carried out the atrocity. In the first major breakthrough in the case, national police chief
      Reuters  -  74 words
    • 378 12  -  Dr M moots idea for offsetting revenue fall when import tariffs are cnt From Eddie Toh in Kuala Lumpur MALAYSIA might implement a COE system just like Singapore's to help make up for the fall in revenue when tariff barriers on imported automobiles come
      AFP  -  378 words
    • 308 12 HONGKONG They see territory as a base to expand into China: poll Reuters FOREIGN companies with offices in Hong Kong remain confident of using the territory as their base for expansion into mainland China, a survey sponsored by the American Chamber of Commerce
      Reuters  -  308 words
    • 356 12 HONG KONG Survey finds many preferring to skip boring seminars AFP ASIAN executives have revised their priorities since the Sept 11 terrorist attacks, with many skipping boring investment seminars in favour of spending more time with their families and getting fit, according to
      AFP  -  356 words
    • NOTE Book
      • 50 12 Bloomberg [KUALA LUMPUR] Foreign applications for manufacturing projects in Malaysia amounted to U552.29 billion in the third quarter, more than four times the figure few the first two quarters combined, Credit Suisse First Boston said in a research report, citing government figures. Bloomberg
        Bloomberg  -  50 words
      • 62 12 Reuters [BANGKOK] Eight small Thai companies will launch initial public offerings this month, hoping to ride on buoyant domestic demand despite the global downturn in equity markets. The IPOs are expected to raise a combined three billion baht (SJ 122.2 million),
        Reuters  -  62 words
      • 96 12 Bloomberg [JAKARTA] Indonesia defaulted on a contract to ship liquefied natural gas (LNG) to South Korea as repairs to a pipeline from a gas field operated by Total Fina Elf SA cut supplies from the world s biggest LNG plant on Borneo island. Indonesia's
        Bloomberg  -  96 words
      • 67 12 Bloomberg [KUALA LUMPUR] Public Bank Bhd said it plans to take its finance unit private by offering to buy the 40 per cent of the unit it doesn't already own. Public Bank will offer three new shares for each Public Finance Bhd share, valuing
        Bloomberg  -  67 words
      • 74 12 AFP [JAKARTA] Approved foreign direct investment in Indonesia fell 11.2 per cent to US$5.4 billion in the nine months to September a year earlier, according to official figures released yesterday. The government approved a total of780 such projects during the period compared with 1,017
        AFP  -  74 words
    • 687 14 HONGKONG They worry that the law may affect their ability to write balanced research on China Reuters HONG KONG'S financial community has always kept politics at arms length, but it is slowly waking up to the idea that a powerful, proposed anti-subversion law may
      Reuters  -  687 words
    • 171 14 HONG KONG Reuters DEBT-LADEN Hong Kong telecoms carrier PCCW will repay US$233 million worth of bank loans ahead of schedule, the company confirmed yesterday. The pre-payment was expected to be funded with internal cashflow and be completed by Nov 18, ÜBS Warburg said in a
      Reuters  -  171 words
    • 492 14  -  It has yet to allow his airline to fly lucrative route; benefiting rival From Harish Mehta in Bangkok PRINCE Norodom Chakrapong, chairman and CEO of Royal Phnom Penh Airways, says the Cambodian government is allowing a rival Thai airline to monopolise the lucrative BangkokSiem Reap route,
      AFP FILE PHOTO  -  492 words
    • 304 14 SHANGHAI Reuters CHINA said yesterday it would launch long-awaited reforms next month, allowing foreign investors into its US$5OO billion.stock markets. The rules on a qualified foreign institutional investors (QFII) scheme were issued in a statement in Chinese only on the China Securities Regulatory
      Reuters  -  304 words
    • 659 15 BEIJING Observers note appointment of Jiang aide as Presidium deputy secretary-general AFP CHINA yesterday gave the first signals about its possible next leadership line-up with the appointment of likely heir apparent Hu Jintao as head organiser of the vital 16th Communist Party Congress. Mr
      AFP; AP  -  659 words
    • 460 15 HONGKONG Li Ka-shing roped in to take np halved issue priced at bottom of range Bloomberg CHINA Telecom Corp raised US$l.4 billion after selling stock at the bottom of its proposed price range and more than halving what would have been Asia's biggest share
      Bloomberg; AP  -  460 words
    • 405 15  -  From Macabe Keliher in Taipei THE TAIWAN government has launched an investigation into Chunghwa Telecom's procurement of next generation wireless infrastructure following complaints by Canada's Nortel Networks that the bidding process was unfair. But given that Chunghwa is owned by the government with the
      405 words
  • Page 12 Advertisements
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      808 words
    • 19 12 Official Launch www.faukehn.com V'Pi ki hi Introductory offer of up to 50% discount 'Offer valid M 3fst January 2003
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  • Page 13 Advertisements
    • 156 13 IESSSSH %?,.v'i'c- &Bk w"' «,>,, -u..»•-• xxu-s ■<&&.-, ?SHHSI <)•*&& :-i»' $pslt& v T- **5 ''!f 1,/* v 'SJ J^- s j ,-t: fH ,t J A fl BL HHrnHraHHlil >V' B nt 1 MBB| i ■-I^"iff' I B9 JSM W r Hampton Spirit GENEROUS CURVES AND STRAIGHT LINES SCULPTED
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  • Page 14 Advertisements
    • 29 14 a Weekend friday-sunday november 8 -10 2002 A. -3 i»a iry\r^ visit your neighbour this weekend! > common sense in common corridors > the joo chiat spat > win the guru goodies!
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    • 242 14 WirreS^ WINES FROM STELLENBOSCH, SOUTH AFRICA WHITES DE TRAFFORD, CHENIN BLANC 2001 87pts By Wine Spectator 4stan By John Platter. South African Wines 2001 WATERFORD. SAUVIGNON BLANC 2001 84pts By Wine Spectator 3stars By John Platter. South African Wines 2001 WATERFORD, CHARDONNAY 2001 87pfs By Wine Spectator 3stars By John
      242 words


  • Page 16 Advertisements
    • 1706 16 1 "c Business i imes, rrioay, November 8, 2002 289 8822 Email recruitesph com NOEL GIFTS INTERNATIONAL LTD NOEL (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Noel Gilts International ltd ("the Company*) will be held at The Boardroom, 50 Kallang Avenue,
      1,706 words
    • 492 16 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF NESTLE ASEAN SINGAPORE PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting of Members of the Company
      492 words
    • 462 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50. AND IN THE MATTER OF (1) BURKE'S FINE COFFEES PRIVATE LIMITED (2) BURKE'S RESTAURANT AND CAFE PTE LTD (3) BOWL WORKS PTE LTD (4) THE EATING FACTORY PTE LTD (5) BURKE'S INVESTMENT PTE LTD (6) BURKE'S CONCEPTS PTE. LTD. (IN CREDITORS'
      462 words
    • 1863 16 Limited (incorporated in the Republic of Singapore) NOTICE Of EXTRAORDINARY GENERAL MEETING NOTICE is HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at 322 Jalan ,1! a S n9dpofe *****1 2002 215 P (or as soon thereafter following the conclusion of the 13" Annual General
      1,863 words
    • 407 16 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SINMAAS SHIPSTORES (S PORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 28 Joo Koon Circle Singapore *****7 on the 30
      407 words
    • 1116 16 IN THE MATTER OF L.H.S. HOLDINGS (PRIVATE) LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Compares Act Cap 50, that a Final General Meeting ol the members ol the abovementioned Company will be held at 10 Collyer Quay #21-01 Ocean Building. Singapore *****5,
      1,116 words

  • REGION world
    • 239 17 TOKYO Reuters NTT DoCoMo Inc, Japan's dominant mobile carrier, posted a 95.3 per cent fall in half-year net profit and slashed its full-year outlook yesterday. Hurt by soured overseas investments for a second straight year, DoCoMo reported a group net profit of 4.17
      Reuters  -  239 words
    • ASIA Notes
      • 66 17 Bloomberg [HONG KONG] Hong Kong retail sales fell in September as near-record unemployment and falling wages made people less willing to spend. Sales fell 4.6 per cent from a year earlier to HK$l3.7 billion (Ss3.l billion), the government said. The fall was more
        Bloomberg  -  66 words
      • 64 17 Bloomberg [TAIPEI] Taiwan's exports rose in October at the slowest pace in six months, suggesting its economic rebound may be slowing as US demand falters. Exports grew 0.6 per cent from a year earlier to US$ll.5 billion, a government report showed. That compared with the
        Bloomberg  -  64 words
      • 68 17 AFP [HONG KONG] Chinese authorities in the southern city of Guangzhou have announced plans for a 200 billion yuan (5542.4 billion) rail network to link surrounding satellite cities in the Pearl River Delta, a report said yesterday. The network would cover up to 500 kilometres
        AFP  -  68 words
      • 47 17 Bloomberg [HSINCHU] Taiwan Semiconductor Manufacturing Co's (TSMC) sales in October rose by almost half from a year ago. Sales last month rose 48 per cent to NT$l5.2 billion (*****.7 million) from NT$lO.3 billion in the same period a year ago. Bloomberg
        Bloomberg  -  47 words
    • 568 17 NEWDELHI 'Incredible India' chosen to market country as a top tourist destination AFP INSPIRED by the success of international tourism advertisement campaigns including "Surprising Singapore", and "Amazing Thailand", India's tourism ministry has decided to give the country a global brand identity. According to the
      AFP; AP  -  568 words
    • 279 17 TOKYO They are meeting to discuss six key areas of US regulations Bloomberg BROKERAGES operating in Japan plan to tighten rules on stock analysis, aiming to ensure investment-banking ties don't taint research as has been alleged in the US. Compliance officers from Merrill
      Bloomberg  -  279 words
  • Page 17 Advertisements
    • 40 17 f FifrAil Kvm 1 iV 'I HHql I3»B *3*jL'" t* Hk. I Bhl \ifl :>^^s.:• a •jyVVL a J THEFOODSHOP pamper your tastebuds Mor j H #1 1 lk,V L^ I ,^HB| tUc wr^F^KX'tr *0* Qyh^P^S^^Lv. f/ i w Br
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    • 66 17 j Iv. j /^IML TTfeTWTin <Pf flt n TTTf «?»M N/l J*.- »{>* M .A. l|.»|iiUV^ > N I I I I v IWjT < f I ■MiH\ J*? ~lil ■BBHM rv S-; v *c; V"' I I l> I i-'' -j, V. r" f^B» m. sT?fc.'^' V i T
      66 words

  • WORLD news
    • 666 18 LATEST US INDICATORS Wholesale inventories np for fourth straight month in Sept Bloomberg [WASHINGTON] US worker productivity accelerated in the third quarter as the economy rebounded, helping to lift corporate profits and keep inflation in check. Productivity, a measure of how
      Bloomberg  -  666 words
    • 349 18 Royal Sun to cut jobs to meet claims LONDON Bloomberg ROYAL Sun Alliance In surance Group pic, Britain's No 2 property-casualty insurer, plans to cut as many as 12,000 jobs, or about a quarter of its workforce, and sell unprofitable units amid mounting asbestos claims. The company, which is seeking
      Bloomberg  -  349 words
    • 371 18 SAN JOSE, California NYT Bloomberg CISCO Systems, a company that dominates the market for data networking equipment, said on Wednesday that the three months that ended on Oct 26 had gone pretty much as Wall Street expected. The company reported improved operating margins,
      NYT; Bloomberg; BLOOMBERG  -  371 words
    • 154 18  -  It also hopes China market will comply with WTO roles From, Jennifer Lien in Silicon Valley THE Semiconductor Industry Association (SIA) on Wednesday reiterated its forecast for a "slow and steady" recovery, but the veteran association official and industry stalwart delivering the group's annual forecast preferred to
      154 words
    • WORLD Watch
      • 64 18 AP (FRANKFURT) The European Central Bank (ECB) left interest rates unchanged yesterday, waiting for more data on the state of the shaky economy before adding the stimulus of a rate cut. The ECB left the key refinancing rate at 3.25 per cent. The Bank of
        AP  -  64 words
      • 81 18 Bloomberg [LONDON] British Telecommunications Group pic (Brit Tel) returned to a second-quarter profit, helped by cost reductions. Net income for the quarter ended Sept 30 was £315 million (SsB6B million) or 3.6 pence a share, from a loss of £1.48 billion or 17.3 pence,
        Bloomberg  -  81 words
      • 75 18 AFP [BERN] The Swiss insurance watchdog has stepped up its probe into accounting problems and an investment fund for top managers at Swiss insurance group Swiss Life/ Rentenanstalt. The Federal Office of Private Insurance will look into the legal aspects of the Long Term Strategy,
        AFP  -  75 words
      • 58 18 Reuters [NEW YORK] International Business Machines Corp (IBM) is folding its data storage group back into its server division, naming storage head Linda Sanford to lead the company's internal efforts to become an "on-demand" business, according to a source. IBM CEO Sam Palmisano announced the
        Reuters  -  58 words
      • 69 18 Bloomberg [TOKYO] Softbank Corp, which has US$577 million in bonds due in the next 12 months, said it sold part of its stake in Yahoo! Inc to cut debt and to promote its high-speed Internet operations. Japan's largest Internet investor sold 17.5 million Yahoo shares
        Bloomberg  -  69 words
    • 409 18 year and 21.7 per cent in 2004 before flattening in 2005. "The rate of recovery will not be nearly as steep as the rate of decline has been," said Mr Sanders, referring to the 32 per cent fall in chip sales seen in 2001. "Nor
      409 words
    • 736 20 WASHINGTON Sources say Bosh will change top staff to prepare for re-election campaign LATWP WITH the mid-term elections behind him, President George W Bush will shake up his embattled economic team and bolster it with Washington veterans. These veterans are expected to bring the White
      LATWP; AP,BLOOMBERG; BLOOMBERG  -  736 words
    • 206 20 WASHINGTON Bloomberg THE number of US workers filing new claims for state unemployment benefits fell last week to the lowest level in a month, a sign that the weakness in the job market may be ebbing. Initial jobless claims decreased to 390,000 in
      Bloomberg  -  206 words
    • 646 20 NEW YORK Reuters FOR all too many Americans struggling to dig out from debt, the Federal Reserve's surprisingly big reduction in interest rates on Wednesday may help very little, analysts say. Personal bankruptcy rates are rising, job growth has stalled
      Reuters  -  646 words
    • 308 20 WASHINGTON They would have to report any breaches of the law Reuters THE US Securities and Exchange Commission on Wednesday proposed rules that would force corporate lawyers to blow the whistle on breaches of securities law they may find while on the job. The
      Reuters  -  308 words
    • 290 20 Adelphia sues Deloitte Touche for negligence, fraud Reuters [NEW YORK] Bankrupt cable television operator Adelphia Communications Corp (Mi Wednesday filed a suit against Deloitte Touche. accusing its former auditor of negligence and fraud for failing to stop top Adelphia executives from pillaging the company. Deloitte either knew or should have
      Reuters  -  290 words
    • 715 21 WASHINGTON Chairman's departure thwarts agency's corporate cleanup efforts NYT THE resignation of Harvey Pitt from the US Securities and Exchange Commission will set back by months the efforts of the agency to clean up Wall Street, provide vigorous oversight of the accounting profession and
      NYT; BLOOMBERG; AP; AFP  -  715 words
    • 289 21 HOUSTON Bloomberg, Reuters ENRON Corp former chief financial officer Andrew Fastow on Wednesday pleaded innocent to charges that he masterminded a fraud that cost investors billions of dollars. Indicted on 78 counts, the 40-year-old faces as many as 20 years in prison on
      Bloomberg,; Reuters  -  289 words
    • 538 21  -  SINGAPORE Ehj Ven Sreenivasan GLOBAL merger acquisition (M&A) activity has fallen to its lowest levels in a decade amid increasing economic uncertainties. But the Asia-Pacific region appears to have outperformed the world in relative terms. Figures released by JP Morgan
      ARTHUR LEE  -  538 words
  • Page 18 Advertisements
    • 182 18 ilij*** «1 KaBBIf Kfc%a^^^%-. v tiMtik 1 fmlpjS yuj|j|; st/^U KMjPßwt jy'■ wr *t irJS? Pallp fSnflMßr wV»# jkts2 PiSIP. t%¥ $1 KSg& j PP CAPTIVATING I THAILAND I "J^S I\ I ft/i- I •J J' mm ORCHARD rom 8 21 Novem )er 2002, feast on the royal lavish cafe
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    • 159 18 Seminar Outline Impact of GST rate change on businesses Ways to minimise unnecessary taxes General rules for accounting of GST Dates :260r 27 Nov 2002 Transitional rules for transactions t-._ made before, on and after 1.1.2003 r me :930am 12 noon Managing the rate change Fees $88; $68 (for clients)
      159 words

  • Page 19 Advertisements
    • 170 19 wl ll I! I I |V 11 JjJJ 11 111 I i *****111 II I ill II II ||||ll||| I m i fl If- 181 C BF' Ijl II 11l 1111 l J| I Jfc l| I V 4 I pflif© jj Ji Kdi j<i I ■ill SSaßr fe P
      170 words

  • Article, Illustration
    1057 20 Transaction date: Nov 7 DITERBAME CROSS RATES iaptlfc Y— WW H 12$ M tf No S$ t— SIT ITS Nm4 tfSS rc'* 111 0J78 4M9 0563 4 <07 ?7 299 ***** 0.668 6.878 2.M7 1135 33.123 ***** 0.996 5.543 0324 ***** 24.428 0J61 0565 C*m« LI39 5340 0.641 5.018
    1,057 words

  • 1404 21 SIOOM FUTURES Nw7 IUIKR F*ra!CUit prim) KSSIgmte/fct) Ctow Vofcme OpM I— U, Satt (1—w) OtcOZ 149.00 J«n 03 149.75 NfcM ,49.75 te03 149.75 ro3(U$c*t*Ae> VoImm Open Mo tt *te u» Srtt (tan) fcfrftit ScM 8425 MM J«03 85.00 84.75 8475 H50 3225 «5.00 84.75 80 3775 te 63 85.00
    1,404 words

  • 4614 22 Transaction date:Nov 7 for more, go to u mm \asiaoneii ma rketsxxmi HONG KONG HKEnchangesACIeanng 1050 015 1720 Vol HKR mt'l t 34 001 983 "P w Hong Kong Electnc 31 70 0 50 6362 Hongkong Chinese 0.54 0 01 350 2 2? 2 «°ngkong Chinese Ltd 0
    4,614 words
  • 2334 22 Transaction date: Nov 7 I KUALA LUMPUR fhwinw* j.» 012 t Vol F58M 1.84 unch 0 KM *1- rOO» FWmdustnes J). It i«h 0 Gadanq 096 unch 1 A AM Realty .0.90 0.10 3 Gamud* 5.70 005 121 Abrit 1.16 003 290 GanadCorp .075 0.03 4 ACP Industrie .2.90
    2,334 words
  • 545 22 Transaction date:Nov 7 c*c mi iu -cam n n am uso OwntMCiatfXc on oi£ Sf? 151 nm 4W H5 S** o* ua p yk JJ* yya oj. on o£>e d««»» nn >i«oo -on uS u >oc «NS SE-M* 1 a« 222 A c» <«» y» 7* am w U?c
    545 words
  • 529 22 BONDS WARRANTS I* M Com Eat '[**c Gaar 'iSh C **>—> r—i «n» wb tn ASTHMM0621 17.5 1 16 123 0A6 19 Aon* ltd WM1 lit 2 1 50 643 3 50 24 Vn»«*VWS0610 67 -2.5 135 1 33 149 31 AmwrongW*****0 ,5 1 10 109 3*7 11 Bar6%SA09O9O1 10k
    529 words

  • THE ARTS
    • 606 23  -  Aaron lye finds out what Fiction Farm has to offer in Comic Potential AARON LYE TO some, the mere suggestion of combining elements of the arguably populist soap opera with that of the comparatively elitist stage performance would be anathema. Fortunately for local audiences, some, like theatre
      606 words
    • 421 23  -  By Aaron Lye LUNA-ID'S Lonely Planet is the sort of play that needs a good dose of comedy to work without it, the subject matter it deals with would be too depressing to handle. Yes, it deals with issues of sexuality, the threat of Aids and the
      421 words
  • 4760 23 Transaction date: Nov 7 for live prices, log on to u nmi \asiaoiiemarketsjxmi L«f JM On LMQMI GrtMo M» GrTW Mat ttCm U« fi«nm Sd» W- rww M» L— M» Cw HI $31 ABNAmroNLG Sic 9 12 14 1(1 1,5 10 12 07 1.1 192 114 1*2 '15
    4,760 words
  • 55 23 Nwi"u» iff *2* M* Mr SrYW Mat MCjb Um f m y 0—> l—» hum Mhr Cm m >3 10M0 7}10 Diamonds US&2BO SOOO 2700 fSDJUSTccti UUTOOafcd- I SB S5S MSG Spore USSSScdcd nao coo issapsoo usuTOafcd iibo u» srois usuao -..II tios iX3 sn rrr too mo
    55 words
  • 1027 23 E? J£L fa«* Mr OTW MM ttCm r *f "T W N« hh Car PH >3 125 9 ASAHUpSc 11 10 12 >n 24.5 11 Af>CMSc 1fa() ,1 212 545 14 ASAutOl* ,i? S V J1 J" MT">- 15 un* 603 15.5 145 ,45 Vs I jfj 175
    1,027 words
  • 267 23 ou, LatfQuMt CM, Mr GrtW IM MCjb T r I 4+ mm l— tm tmm Cm M 13 US 75 AVJeomngs A25c AM »2 151 94 925 935 94 40 34 106 55 2023 NK720 265 21 74 6 *****2 Owuig Kong50c HK17S0 240 6 J 6.7 3
    267 words

  • CINEMA/ARTS
    • Article, Illustration
      600 24  -  The Gum scores points for having a likable cast, a half-decent script and some inspired musical sequences By Geoffrey Eu ANY movie that manages to coherently incorporate Bollywood musicals, John Travolta, philosophyspouting porn stars and wealthy New Yorkers seeking to get in touch with their sexual selves plus
      600 words
    • 748 24  -  It can make a difference in our world, reports CHEAH UI-HOON CHEAH UI-HOON COULD our world of conflict and destruction be partly due to the stories of conflict and tension that we constantly hear? When folklorist Margaret Read MacDonald was looking for time-honoured folktales, she only
      ARTHUR LEE  -  748 words
    • 581 24  -  The transformation of the main character in The Four Feathers is never folly Mrpiftimnl By Geoffrey Eu THERE are some redeeming qualities to be found in The Four Feathers, director Shekhar Kapur's epic, dull and over-extended film based on a 100-year-old novel by A E
      581 words
  • Page 24 Advertisements
    • 168 24 The new Amana side-by-side refrigerator The Ice "N Water™ dispenser models are fitted mm With easy water It can mPP dispense water, crushed or cubed ice and n Edition is fitted with a sports bottle fill. I mm] I! This allows water to be dispensed at the I j same
      168 words
    • 139 24 Complimentary BT at the malls IF you're not working tomorrow, you can still get a weekend copy of The Business Times at selected outlets at the following malls, with their compliments: Clarke Quay, Funan IT Mall, Junction 8, Liang Court, Millenia Walk, Plaza Singapura, Scotts, Tampines Mall and Tanglin Mall.
      139 words
  • Page 24 Miscellaneous
    • 177 24 4ih»i-riC CROSSWORD 27 Opposes the Ugly Sisters (7) 28 Domestically unstable (7) 14 St 9 ns in 30(1 makes an im- hyacinth, 11 Chain, 12 Turku, DOWN presston (9) 13 Crawl. 16 Rhumba, 17 Adrift, i rn. c 16 Sa,lor saint in waterproof 18 Doubt, 19 Coward, 20 Im--1 Chaotic
      177 words

  • MUSIC
    • 478 25  -  By Kannan Chandran IT'S a dog's life, but Toto is certainly lapping it up. Named after the canine in The Wizard of Oz, Toto has enjoyed a similar longevity in the music industry by working hard and sticking to its principles. Celebrating 25 years
      478 words
    • 616 25  -  By Kannan Chandran Santana—Shaman (Arista) AFTER the Grammy-sweeping success of Supernatural, Santana has put on his collaborative hat yet again and pulled out another spiritually themed effort. Shaman. In keeping with the success formula of the 25 million selling Supernatural, this new effort pools a
      616 words
  • Page 25 Advertisements
    • 275 25 Where to wine, dine and entertain... TSm wwwuiinersxonLag —————■———I^__ mmaur jt&k sfl Wookonds and holiday* ore for hooding down to CoHMnan't tor lUnch whom our buffot spread Of ovor 50 dMtot, ondtost flow of barioy, toa or coftoo awaits you. Mafco your r—rvatlont at (66) 641* 1 IM. Cataman't WMkmd/PuMc
      275 words
    • 93 25 I $L. I Function Room available for your I Dinner Dance Maximum -100 pax I I Minimum Seminar •15 pax I For enquiries, call us at 430 4119 I 218 Queen Street, Singapore *****9 I I A member of KOH MOTHERS GROUP I MootCMnßestauranttines 1935 f llri \at Gotder Landmark
      93 words
    • 235 25 &rKtncAe~C>€>fnte+*. Presenting dainty French A 77 ''x cuisine by Michelin-rated ■E'XCfM'lSltC Guest Chef Jean-Francois f A French Maire and magnificent wines r >o from the Guillaume Estate. 1 J Treat yourself to an evening of Nov 2002 fine food and wine. IQP Call now to reserve your table. (fl Reservations:
      235 words
    • 43 25 I International A I.a Carte RnflfW Savour the bat of Chinese cuuine at Captain's Table. More than 40 varieties of Cantonese, Siechuan, Teochew and Yunnan favourites available. 522.80 per adult; Sl6 per child Monday to Friday. Dinner i >Ik Holiday) Lunch it Dinner
      43 words

  • BOOKS/EPICURE
    • 1218 26  -  Jasper Fforde tells PARVATHINAYAR how he subverts literary classics to tell contemporary stories PARVATHI NAYAR ORIGINAL Thought or at least an original idea is a good premise on which to base a novel. Kidnapping someone else's idea doesn't qualify, nor does a story about kidnapping,
      ARTHUR LEE  -  1,218 words
    • 337 26  -  Shadow Theatre By Fiona Cheong Soho Press 233 pages, $44.06 Revieuvd by Sangeetha Madhavan SINGAPORE-BORN author Fiona Cheong is back with her second novel. This time, it's about the return of prodigal daughter Shakilah Nair to a little community in modern Singapore with a "bun
      337 words
    • 731 26  -  The California influence is unmistakable in Wasabi Bistro, says JAIME EE JAIME EE WITHIN the deep recesses of the perennially dim Oriental Singapore stands a little bright spark that could use a little attention. It's called Wasabi Bistro and with a name like that you
      731 words
  • Page 26 Advertisements
    • 62 26 I CARAN d ACHE OF SWITZERLAND ECRIDOR COLLECTION MAKE YOUR mark Sole Distributor: SILVAROYAL PRIVATE LIMITED 27 LoyangWay Singapore *****8 Caran d Ache ,s available at TAKASHIMAYA (Level 3, TIMES NEWSLINK Chang, A,, port T I Departure Trans,t Lounge East, T2 I Departure Transit North), speciality Watch 8. Pen Stores
      62 words

  • PERSPECTIVE
    • 683 27  -  OFFPrrmw Self-help books and corporate trainers are useful, but they can't help everybody. So, what makes Pike Place fishmongers happy may not not work in your office jaime ee I'M contemplating a change in career. Inspired by the happy fishmongers at Pike Place Fish Market in
      683 words
    • 459 27  -  COVER STORY By Parvathi Nayar HERE it comes: that "what next?" question about Esplanade's future programming and audiences. Well, the answers start from tonight, with Kalaa Utsavam. The India festival is the first of over 2,500 events lined up after the razzmatazz of the
      459 words
  • Page 27 Advertisements
    • 76 27 Ynr End Inventory Oearancs Up to 50% dßCOiiit Date: Bth 10th Nov 2002, Friday Sunday Time: 10.00 am B.oopm Location: Room 831, Bth Floor, South Tower, The Mandarin Hotel Everyday drinking wine, super premium wine and accessories included. *25 different wines for tasting each day. "Parking redeemable for purchases obove
      76 words
    • 40 27 n **j[EK PHILIPPE s Begin wi ovn tradition. HL -iJ look after it for the next generation. Calatrava Travel Time by Patek Philippe WdJuscfiSritarimL'PuCU} >)Stv K 6 Scons Road. Scotts Shopping Centre 01 09, Singapore *****9. Tel: *****08 Fax. *****00.
      40 words

  • EXECUTIVE Lifestyle
    • 1979 28  -  The Esplanade's first three weeks have been a dizzying whirl of artistic and commercial activity. PARVATHI NAYAR and CHEAH UI-HOON take a look at how well the Theatres on the Bay have performed and what the near future holds PARVATHI NAYAR, CHEAH UI-HOON THE Esplanade's
      1,979 words

  • SHIPPING TIMES
    • 222 29 Reuters THE Baltic Dry Index (BDI) rose seven points to 1,442, the Baltic Panamax Index (BPI) gained 14 to 1,371, the Baltic Handymax Index (BHI) shed 14 points to 9,627 and the Baltic Capesize Index (BCI) was up nine points to 1,876. TIME-CHARTER: Alpha Cosmos (built 2001) 169,999
      Reuters  -  222 words
    • 266 29 SOX '000 ■wr 8 w CWT Distribution 0.72 unch 0 Chuen Hup 0.47 unch 740 Cosco Investment 0.18 -0.01 23 Freight Links 0.03 -0.01 10 GB Holdings 0 66 unch 15 Jeya Holdings 0.25 unch 317 KeppelCorp 4.26 -0.08 834 Keppel Marine 0.16 -0.01 25 Keppel Tele 0.94
      266 words
    • 614 29  -  Same group appears to be involved; location not usually prone to attacks: piracy watchdog By Donald Urquhart [SINGAPORE] In a span of two days armed pirates have attacked three ships off Indonesian islands near Bintan, taking crew members hostage and leaving two injured,
      614 words
    • 740 29 Superliner is itself the destination for passengers' vacation AP [HARWICH, England] When you step on board the Carnival Legend, the thought that you are in a fun ship sinks in straightaway. In fact, the cruise ship becomes the destination for your
      AP  -  740 words
    • 256 29 Company will take at least six weeks to clear backlog of cargo Bloomberg [SINGAPORE] Cosco Shipping Co. a unit of China's largest shipping line, estimates it will lose between US$lO million and US$l5 million because of a 10-day port closure
      Bloomberg  -  256 words
    • 374 29  -  It is concerned abont US signing bilateral customs accords with individual countries By Donald Urquhart [SINGAPORE] Potential disciplinary action by the European Commission (EC) on some European Union member states may send the US Customs' Container Security Initiative (CSI) into
      374 words
    • 879 30  -  ADMIRALTY CASEBOOK There is a risk of dissipation of assets, says Court of Appeal By Selva Kumar THE Court of Appeal has upheld an appeal by a Malaysian shipper of a cargo of cocoa beans for a worldwide mareva injunction to
      879 words
    • 329 30 Reuters [HONG KONG] Transport services and tourism group Hapag-Lloyd said yesterday it expected to achieve "satisfactory profits" this year on sales of more than four billion euros (Ss6.B billion) despite a global slowdown. "We expect that this year, Hapag-Lloyd Group will achieve
      Reuters; FILE PHOTO  -  329 words
    • 221 30 PAGE Avant 10 B'tang Mas 5 BSA 6 BSC 10 BTL 10 CMACGM 3 COSCO 3 Central Ex 4 C ha hay a 10 China Shpg 5 Confer 10 Cougar 5 CWTGIobelink ...6 Delmas 4 Dongnama 3 EP Carriers 10 ECL 3 Eng Lee 10 ESP Lines
      221 words
    • 12568 34 THEBUSINESSTIMES EXPORT cl* Ad ert,ser V sel Voyage Telephone ETA ETA Advert,»r vewel voyage Tetephone N De5,n Nam Name Utamber Number SiN Destn Nam* Name Number Number t„ iBinuyiiD..iAA, To BEIRUT (BEY) 2046 Lebanon Ifli 2003 Cote D'lvolre i*/n 15/12 uasc al farahidi c2»w *5******10 l*/n 08/12 Delmas
      12,568 words
    • SHIPS IN PORT
      • 762 37 Vessel VoyHo Berth Arrival Departure JURONG PORT ANGIANG 2 AG0201 J14/15 A/SIDE 08/11 1900 BT HANDIJAYA *****2 J1 A/SIDE 08/11 0600 BTMMGT6S7 *****2 J1 A/SIDE 08/11 0300 BTPUTELOR *****2 J1 A/SIDE 08/11 0500 BT REZEKIBA *****2 J1 A/SIDE 08/11 0300 GRE8E ARROW 044 J16/17 A/SIDE 08/11 1800 OURANIA
        762 words
      • 1886 37 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing lin- Berth 10 m berthing Nmbr •0 0 ACXUIY 066N 066N 1 10/11/2002 ISO) 1001/2002 2359 0 ACXSAKURA 009N 009N 1 09/11/2002 1500 1001/2002-0000 T01 0 ACX VIOLET 0495 0495 1 10/11/2002 1500 1101/*****300 9 AL ABDALI C207E
        1,886 words
      • 351 37 *12! XJZas 0 0 0 S °°2 %MM 380 Ave 986.4 0.2 M.2 0.05 26 0 02 -a s°r C 35 m °i "i oo i 1 °°i ISO/Ciimc Limits Spec E25 991 to 15 0 010 80 010 K r m rr~ r 2 u»
        351 words
      • 142 37 Nov 11 Italy: Remembrance Day. France: Remembrance Day. Belgium: Remembrance Day. Canada: Remembrance Day. USA: Veteran's Day. Nov 12 Taiwan: B day of Dr Sun Yat Sen Nov 15 Belgium: King's Day. Nov 23 Japan: Thankgivings Day. DecS Thailand: King's Birthday. DecS Malaysia: Hari Raya Puasa. Brunei: Hari
        142 words
      • 810 37 THIS report, compiled by Cockett Ma nne 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 averagesued stem Market movements are indicated The Cockett Bunker Price Index change and the
        810 words
    • AIR & LAND transport
      • 462 38 Strict controls to be placed on time, route and point of origin of flights AFP [TAIPEI] Taiwan's defence ministry laid down its terms for proposed direct transport links with China for the first time yesterday, emphasising security concerns. "Flight routes
        AFP  -  462 words
      • 193 38 Reuters [NEW DELHI] India's sec-ond-largest domestic airline, Jet Airways, will increase fares by 10 per cent from Sunday to meet higher aviation fuel costs and airport charges, an airline spokesman said. The increase will not affect an advance purchase scheme under which huge discounts
        Reuters  -  193 words
      • 349 38 Alliance Aircraft, Russian consortium among bidders AP [FRANKFURT] Creditors of bankrupt aircraft maker Fairchild Dornier will hold a tender among at least two bidders who have proposed taking over the entire company, the court administrator overseeing the company said on Tuesday.
        AP; AFP  -  349 words
      • 286 38 HK's licensing body likely to call public hearing on its application soon AFP [HONG KONG] Cathay Pacific Airways chairman James Hughes-Hallett is "optimistic" the Hong Kong-based carrier will be able to begin flights to China at the start of next year.
        AFP  -  286 words
      • LOG Book
        • 75 38 Bloomberg [HONG KONG] China Southern Airlines, the country's largest carrier, said it will increase its weekly Shanghai-Los Angeles cargo flights to four from three, to ease increased demand during the holiday season. The service between Shenzhen and Los Angeles via Shanghai starts on Monday
          Bloomberg  -  75 words
        • 71 38 Bloomberg {COPENHAGEN] Copenhagen Airports A/S said its passenger count rose 8.3 per cent in October as overseas flights recovered from the effect of the Sept 11 terror attacks. Passenger numbers on scheduled international flights climbed 10.4 per cent from the year-earlier period, while charter traffic declined
          Bloomberg  -  71 words
      • 490 38 TROUBLED US atpmubs Info will determine if govt will give loan guarantee Bloomberg [WASHINGTON] UAL Corp's United Airlines needs to give the US board reviewing its US$l.B billion loan guarantee application more details about its business plan, including its revenue forecast and labour
        Bloomberg  -  490 words
      • 260 38 Reuters [LAS VEGAS] Bankrupt National Airlines, which flew tourists to the US gambling capital, is stopping its operation immediately, after negotiations for a financing package broke down. The privately held company, which like most other airlines has been battered by the travel
        Reuters  -  260 words
      • 2083 38 OT* FLIGHT CTA FlIWT ETB LK778 1650 IM9763 2350 AO*"** 1*229 2245 W4578 KSO IK9766 2350 S0229 2245 S***** KSO S026 2350 •mltrtH 5023 0635 *1838 2330 BA7306 H25 IH779 2359 GA975 0X5 5036 2345 ««T9 2359 «U37 835 S***** 2359 AtkMS ***** 0100* S0989 IT45
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  • Page 29 Advertisements

  • Page 30 Advertisements
    • 644 30 I TO USA/CANADA I EXPORT I OTHER DESTINATIONS 1 1"- m I™ I ltAo< UAS I "OUSTOW MTMB CXCAGO l IKW T0« 11 TO AUSTRALIA (AUSTRALIA ASM EXPRESS) I OOCIJAPAN 4314S Mil I 10/11 I 74/11 30/11 OVl? 01/1? 01/1? 04/1? f«« OOQUnHBUMR 41E46 IVII I 15/11 I 01/1? 05/1?
      644 words
    • 100 30 WORLDGATE EXPRESS UNES PTE LTD 180 > Cecil Street, #16-03/04, Bangkok Bank Building, S*poce Te,: *****911 Fax: *****073/*****863 Email: wgate@mbox2.sinqoetcofn.sq WEBSITE: hftp://www wohdgate. com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS soutmisiu* m I prar MDUHw-cow sa potmmtc/nmtt, I m/n howiow/chiw I ii/n iotffiSi n/n If" iima iffli SSBteas
      100 words
    • 628 30 lines services represented by Members of the Reg.stry of Members of tbe Accredited Sb.pp.ng Agents, Sin 9°P°'e Log.stics X»w y Shipping Association Association COMTAJNHS/ COMYUfDOMAI CARGO f«0" **T KUNG/SMGAPOK/JMAttt lANGKOK VUV KTAPW. KTA SIN hX\ MALK *:■>«*>» uh i»n xii at ii Priam* I Jt> iim* (*l2 «7/IJ IVI2 IJIi
      628 words

  • Page 31 Advertisements
    • 1131 31 TO EUROPE FROM EUROPE vissa voyl sw rtm anr ham wtv sou Lfinfvßsa I voy rtm im tvm m sou in aT **M 5 now 14/11 04/12 00/12 02/1? HfUCMIMBTY Jilt 10/10 21/10 23/10 17/10 Of/11 MaSOUmON 009W IS/11 02/12 04/12 00/12 07/12 VICYrOK 1)41 14/10 21/10 23/10 IJ/ll HYUNDAI
      1,131 words
    • 1538 31 DIRECT CALL TO COVTAR S SHINMNG WJI LTD "Z'//" I 4MYS ammoTooooooa ih: *****000 ioaoi mwudido mtos/u 47iosiii/4* I BANDAR ABBAS 19IUW (iri i/w»db- MNsns trosiit/u I uimra aWVWTWM *****1C1/IS4 *****171/71 Ktw Iw w w M 111 Oil UDi NIO Itl HfU ID )11l VSI/VOT COSCO SINGAfOn ZOOM 10/11 IJ/ll
      1,538 words
    • 636 31 VBSa VOT TO SM f6U HKC SHA USW TO IMC VOT SW HW Iffl MT(KELUWG ?ISW VII VII 7/11 10/11 13/11 15/U U/ll lt/)l AOSAKURA "owi f/il W]T IVII untuiaw tisw 12/11 ivii ivn 17/11 »/n a/11 n/n w/ii *gviolet ***** ~u/ii~ 20/n ~in/TT HOWGKOWG|?I 11?0/1 l|?l/11 p4/ll |?7/ll|?f/ll130/1113/1? 11tQMARGMEUTt
      636 words

  • Page 32 Advertisements
    • 1173 32 HMNEHYUNDAI MERCHANT MARINE CO., LTD. wwwj—2l.<«« a up. 12Q47H0000H ***** w MO ifl iw <ki ham hv vtssn vot sou UM jrri ant hm nv NYDISCOVERY 31IW 04/11 16/11 70/ II 72/11 24/11 MXPBtfORMANQ 0041 04/10 OS/I 0 29/09 01/10 22/10 Art DENMARK MM 07/11 24/11 20/11 21/11 APIMNMARK 1071
      1,173 words
    • 974 32 WAN HAI UNES (S) PTE LTD v\R\WAN HAI LINES SSSMSSMSIKJSi mm,xa ""^wsiwatttiwnJutTisßimjiijwwKULiMiiim/u/wißi 1 www.waalMi.cMi.ta owa**MMß|sawnu ;iuw/7u*i ml/iut* ■■siwaaßKKnii/HBai !s__«O__HL IaMUaMKUM 001 I 1414/11 Ml 71/11 71/11 Mil E:i E E 1 bm'ii ILMI mmiilm vn mA7 mi mm #v *°I_ _™L_ -!*L _M. <■ a WW MB m m up
      974 words
    • 633 32 WEEKLY EXPRESS M|UWG SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICD PO4WTS *®I_ J§ PJUAN6 cotonojiiSNra Iranian HSMSTiI VQISW MMV aiiOv l7tw rowtHiQCi mow ua I3MO» I;»O> ?Q»O» nw iouwwwa mnon nnot wwv I kmxuum em ?s«o» vtm oidh jjj^ m»t*WWI OlWf |«DH I 04Per 1 MDH II
      633 words

  • Page 33 Advertisements
    • 1012 33 IRISL, isXiii i&fllJI] (IzjdJjJsJ ihjW ito iijjUiJtto*! pzxjiijite Hi) Jifiziif] MyJU zLj jlfj {$//)($.j AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA NO 1 **********H BOUSTEAD SHIPPING AGENCIES SON BHD PT. SINOSE CONT1 PERSAOA KL TEL: 03-*****300 FAX: 03-*****682 TEL: 62 21-*****33 R1SL REP. DIRECT TEL: 622S6938 PEN TEL:
      1,012 words
    • 583 33 UK CONTINENT SERVICE Loadng tor MICHAEL S RDM/ATW/BMNAJK/NAN OURANIA SMILE RDM/ATW/BMNAJK/NAN HUA GUANG ROM/ATW/BMN/UK/NAN Loads Sngapore. E7W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading tor KALMA H DO/J DH/AQ A/DM T HIGHLAND LIGHT DBI/ABU/DOH/BRN/DMM/KWT LOK KIRTI DBI/ABU/DOH/BRN/DMM/KWT HABIBE ANA HDO/JOH/DMT ANGELA HDO/JDH/AQA/DMT I MANA DBI/ABU/DOH/BRN/DMM/KWT I Toads Sngapore. E7W Mjrfaysia. Indonesia USA
      583 words
    • 883 33 iZTii. WW VOT itAftiAl*! 94 LSI 07/11 M/n rx mi nu JLtMsmi 1_ MU| M/ 11 11/ II -sfn !I4JJ «4J— ALAMMTA2 0015N 11/Tln/7i gfSF" "ft «AJ IMJ LK«a__jjiiL i;;n -j#j{I S?!mtos 1 ItStJ w7m "11 Siftm !S gLj UL inoq exprrs 1 iMm u/11 ii/Ti SIS woo artps 1
      883 words

  • Page 34 Advertisements
    • 355 34 I feKYOWA LINE Vtl Vuy ttm tmipmm tiw Yap K—»r| Nhy>| California Senator 950E 12/11 28/11 04/12 05/12 California Senator 950E 12/11 10/12 19/12 20/12 22/12 24/12 26/12 California Senotor 950E 12/11 22/11 OMIT 03/12 "***** 077TT London Senator 953E" 19/11 28/11 04/12 05/12 London Senotor 953E" 19/11 10/12 19/12
      355 words
    • 185 34 nAsnn iQADmrot 11 NOV KARACHI, BANDAR AKBAS 12 NOV KAKINADA 14 NOV BOMBAY DIRECT CALL 18 NOV DIRECT CALL COLOMBO W—fcty Contoinf Swvict to Colombo, AM Mian Porti and P. GuH ETA ETD LOADMG FOR TROPICAL ROSE 08/11/2002 *****/2002 PHNOM PENH -»UN 3 13/11/2002 IS/11/2002 PHNOM PENH A VUNGTAU JUN
      185 words
    • 273 34 I CWT GLOBELINK PTE LTD J OWN OFFICES IN TEL:*****833 (36 LINES) FAX:€ *****42 m SYDNIY MtLBOURNf PINANG PORT HUANG PASIK GUDANG KUCHING BANGKOK KARACHI BOMBAY N[* DHHI COLOMBO HO CHI MINH CITY HAIPHONG HANOI BHtMFN HAMBUKG TIANJIN OINGOAO SHANGHAI XIAHCN FUZHOUDALIANXIAN BtIJING SHI HA ZHUANG EAST II'IEUMERRAItEAN ALEXANDRIA/PORTSAID/ASHDOO/IIMASSOiyPIREAUS/THESSALONIKI/BEIRUT/AQABA/ISTANBUL/IZMIR WEST
      273 words
    • 233 34 BSA MYANMA pBBk FIVE STAR UNE ■•"•■J WMVB VOY SM PU PEN PGU OM SHWI HAW S4W SU) PAGAN V3O6W SU) IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES OIL 03 *****300 P*L 03-3176*101 PEN: 04-7* l 7407 BANK line (A service Aadfew Weir Skipping) NORTHBOUND TO EUROPE V CONTAINER. ROM, MUXIWAYTUFTS TOSa
      233 words


  • Page 36 Advertisements
    • 741 36 MBtSSS nwrni lllMlHi TIGEIItIOGE 077* 10 10/11 IS-17/11 27 73/11 I TICEI SHAM 07tN I2IVII 1921/11 7*77/11 I TIGEIStt 079* IS^it/11 77 74/11 7930/11 I SWUKNNEIP 030N 19 70/11 7S 77/11 07 03/17 I __I!6«MI06t 03IN 77 73/11 7130/11 05 04/17 IVESSE^^^VOT^ SIN CAL^^SM^I OAU** 413 c/Wil isT/TTi 7S7*7ii I
      741 words
    • 809 36 (VESSEL NAME VOT SINGAPORE PORTKOANG ORTUGONG MONGU m ETD FIA FTP ptA FTD 01QQ129 SAT 09/11 14/11 17/11 I 0( WGNITT 06N053 MON 11/11 12/11 12/11 It/11 STfi 1 1 *****30 WED 13/n u/11 uTTT" iITTI nTTi QC HONOUR OTNOSO MM 18/11 ~lVil ***** 2Vn 27/11 1 1 It* teal
      809 words
    • 63 36 CONFER (S.E.A.) /gd SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTfi EMERALD 10-11 NOV 15-20 NOV DIRECT FCIACUCONVENTIOMAL SERVICES TO:mctan SitvConnnert MactosCafcUb Bort»y Karach Cotortx) Otftaqonq Tutoonr Ga&w Fat Eaa HoO»Mr*> Haoiong Hono«jng Mania Busot FCLACL ScnkM To: Ausfrafca Sy*»wy Metxurw Ei»ope Fetoskxne
      63 words
    • 1018 36 \7lk |PDZ LINES I rn UP S>H «-*7?7-«W I BOHOa 2241 W/ll CtUAN M 44 U/ll OSOOM 7777 IS/11 atUuT"M<7~77]U~ aww; SfiGKIfl ?1M If/11 GKIM 2161 ~03/ir sSSv»^~w""frtT" w ih: «k *-•-«8Gkuw |n<; |27/n lew Wl^wKgjjTW"ivT OHOa na w/n cwoa no w/n auag vsm #»/n w/11 GBtNG 2W6 14/11 C6BIG
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  • Page 37 Miscellaneous
    • 133 37 LEGEND: Issued by Meteorological Services Division, NEA Fs Thunderstorm Showers /C\ Rain T W^a?hp' Ure C (J Wind d rec,ion and speed in Knots Cloudy Dav Weather W E** 3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I 1
      133 words