The Business Times, 12 November 2002

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL24887
Total Pages: 38
1 38 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    10 1 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg TUESDAY, NOVEMBER 12, 2002
    10 words
  • Article
    Lock icon Panel targets work force of 30% graduates
    730 1  -  It also advocates bigger role for human resource managers By Eugene Low [SINGAPORE] The transformation of Singapore's economic model into one driven by creativity and innovation means more effort must be put into developing and maximising human capital, an Economic Review Committee panel
    730 words
  • Article
    Lock icon MARKET SUMMARY
    74 1 □m 1,***** (-21.52) 8TIKDEZ FUTU1ES 1,407.00 (-15.00) SDDCIFUTDXES 17X80 (-2.00) STOCK KAUTT INDICES Monday Change KLSECOMP SWI7 151 NIKKEI 225 8.46M7 m*0 HANG SEMI —9mm -IMlM SET INDEX J» 4M JAKARTA tOMP J6157 113 MANILA COMP -L06MI 1**| TAIPEI WPI 4j064.(w -I4*3S SEOtLCOMP 857 "S 1707 SHENZHEN B
    74 words
  • Article
    Lock icon FINANCE
    60 1 FQBEX1ATES tSS J* l.SS per IS$| 1759 Stl'SS/SSperS)- liM t7% 1 (112 I 7X1) YEN I19JS 6H.IA RM trn 1IM HKS 7.799 4.U4 BAHT 43.01 RITIAH 1149 1202 FUME KATES SINGAPORE* 526 KTALA LUMPUR 6.40 BONO KONtl MMKI JAKARTA W TAIPEI ft«Jj TOKYO 1176 SEOIL 9M LONDON UO NEW
    60 words
  • Article
    Lock icon SIA could face low-cost airline rival in Singapore, chairman warns
    468 1  -  Silk&ir could be transformed into no-frills, single-class carrier to ward off challenge: deputy chairman By Conrad Raj [SINGAPORE] Singapore Airlines may one day bear the full brunt of a low-cost carrier operating out of Singapore, SIA chairman Koh Boon Hwee
    468 words
  • Article
    Lock icon Grooming talent gets only lip service
    648 1  -  COMMENTARY The key to elevating the role of HR manager lies with the CEO, says Chnang Peck Ming Chuang Peck Ming THERE'S a big gap between what's said and what's done when it comes to managing Singapore's only resource its people. The gap is
    648 words
  • Article, Illustration
    Lock icon Lim Kim San to step down as SPH executive chairman
    918 1  -  Lim Chin Beng to be non-exec chairman and Alan Chan CEO By\ Wong Wei Kong (SINGAPORE] Lim Kim San will step down as executive chairman of Singapore Press Holdings next month after 14 years at the helm of the media
    918 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • NEXT page
    • Article, Illustration
      Lock icon The Pines are calling – new owner plans more goodies
      428 2  - The Pines are calling new owner plans more goodies exclusive They include reciprocal golfing arrangements, as some members wanted By Ven Sreenivasan [SINGAPORE] Motor tycoon Peter Kwee is planning to roll out even more goodies to convince Pinetree Club members to sign up by this Saturday. BT understands that Mr
      428 words
    • Article
      Lock icon BG Yeo not ruling out double-dip recession
      544 2  -  But Singapore's strategy is to'catch every wind', snch as PTA with US By. Audrey Tan [SINGAPORE] Singapore may slip into a double-dip recession but its strategy is to "catch every wind that blows", such as through the free-trade agreement (FTA) it will conclude
      544 words
    • Article
      Lock icon Japan expected to act against yen's rise
      396 2  -  Threat to exports depresses Tokyo share prices From Anthony Rowley in Tokyo JAPANESE authorities appear poised to intervene in foreign exchange markets in an effort to stem a sudden and sharp rise in the yen against the US dollar. The latest bout of
      396 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      300 2 Full report of Q3 economic survey due on Monday (SINGAPORE] Details of Singapore's third-quarter economic performance will be released on Monday morning, the Ministry of Trade and Industry said yesterday. The full report of MTl's Q3 economic survey of Singapore will add to the flash estimates published last month, which
      300 words
Page thumbnail Page 3
  • ERC report
    • Article, Illustration
      Lock icon Dealing with the nuts and bolts
      818 3  -  'Globalising talent' work group head says this required 'amalgamating& lot jnst for brevity' Reports by Anna Teo IF the final report of the Economic Review Committee (ERC) subcommittee on enhancing human capital had fully captured each and every issue raised in 10 months of
      CHRIS LOH  -  818 words
    • Article
      Lock icon Changing mindsets in education
      375 3 Education, Training Working Grp urges greater autonomy FROM uniformity to diversity, rigidity to flexibility, conformity to resilience, and from moulding to empowering. That's how Singapore's education and training roadmap should be redrawn so as to imbue Singaporeans with a global mindset and prepare them for the
      375 words
    • Article
      Lock icon Do more to retain foreign talent hit by slump: panel
      409 3  -  Otherwise, efforts to attract them here will go to waste, it says By C Chuang Peck Ming AFTER going through so much trouble to attract international talent, little attention seems to have been given to keeping it, with some having
      409 words
  • Page 3 Advertisements
Page thumbnail Page 4
  • SINGAPORE companies
    • Article, Illustration
      Lock icon MobileOne hopes to raise up to $ 1.06b from IPO
      569 4  - MobileOne hopes to raise up to 1.06b from IPO Price target range set at $1.25 to $1.52 for each share, say sources By* Angela Tan LISTING aspirant cellular operator Mobile One is hoping to raise as much as $1.06 billion in its Singapore initial public offer (IPO), targetting $1.25 to
      FILE PHOTO  -  569 words
    • Article
      Lock icon Global thrust rakes in $18m job for ST Marine group
      462 4  -  George Joseph SINGAPORE Technologies Engineering's move to globalise its marine business through its subsidiary, ST Marine (ST Marine), has got off to a promising start. The Singapore integrated engineering group yesterday announced that ST Marine, through its US operations VT
      462 words
    • Article
      Lock icon Lukewarm response to Beng Seng's NatSteel offer
      505 4  -  Shareholders seen awaiting outcome of Oei Hong Leong's offer for DBS stake in Nat Steel By Conrad Raj ONLY a trickle of share holders have so far acceptec businessman Ong Ben* Seng's offer of $2 a share foi Nat Steel, Singapore mair manufacturer
      505 words
    • Article
      Lock icon Investors go green with tradeable carbon lights
      888 4  -  l!W lock siew anthony rowley WORRIED about the ethical issues of your investments? Well, there is a more socially responsible investment you may want to consider. It is tradeable "carbon rights", which could prove to be one of the most rapidly expanding asset
      888 words
    • Article
      Lock icon HSBC said to be eyeing Keppel Insurance
      532 5  -  i exclusive OCBC Bank and partners in talks to sell or pare down their stakes By Vince Chong EVEN as the local insurance industry is consolidating, a new player may well emerge from the shake-up. BT understands that the owners of Keppel Insurance
      532 words
    • Article, Illustration
      Lock icon S'pore banking market saturated: S&P
      383 5  -  Byi Angela Tan SINGAPORE'S small domestic market, heightened industry competition and a lack of revenue diversity are areas for concern in the local banking sector, credit rating agency Standard Poor's said in its latest bank industry overview report. "The credit profiles of the banks could
      FILE PHOTO  -  383 words
    • Article
      Lock icon ITE Elec, Boustead unit abort reverse takeover
      398 5  -  By' Ven Sreenivasan ITE Electric and Boustead Singapore subsidiary Salcon have mutually agreed to scrap plans for a reverse takeover of the former by the latter. ITE and Salcon yesterday struck a deed of settlement to terminate a sale and purchase agreement they
      398 words
    • Article
      Lock icon High hopes for SGX's new Meco contract
      405 5  -  By Siow Li Sen THERE are hopes that the Singapore Exchange's Middle East Crude Oil (Meco) contract its third attempt at providing energy contracts which debuts today will succeed because this time it is in the right time zone and already very successful
      405 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      412 4 One Of The World's Most Precious Commodity Hedge And Trade It With J SGX Middle East Crude Oil Futures Trading Commences Today The volatile Middle East Crude Oil prices require a precise hedging tool. The SGX Middle East Crude Oil (MECO) Futures offers oil producers, refiners and traders with a
      412 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      124 5 In Asia, trade flows freely. Ever wondered why? n!Jlt°h n a°!ilk! dnvmg iorce l hind a S our unique understand,ng of As,a means we can is probably why a recent independent study shows trade flowing between one business and another, across in he e c mpany wth three red lines
      124 words
Page thumbnail Page 6
  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      298 6 OTHER SINGAPORE INDICES Nov 11 VALUE CLOSE VWOM* -491.00 -315.00 WCMI -*****.00 -126.00 -*****.00 -49.00 flMGBpMw 367.86 -5.07 wrpjiillia 118.35 -2.38 MEpiiifti 1248.69 -23.92 337.23 -9.75 WPlfccapf 173.66 -2.65 WBN— 473.80 -2.00 Stocks Voluw People s Food HGK50c 20.714.000 Crtiraya 2.5c 9.687,000 UniRberlOc 7,160.000 Hint 15c 6,864,000 Datacraft 10c 6,457,000
      298 words
    • Article, Illustration
      Lock icon People's Food's current weakness a good buying opportunity
      248 6  -  HOT STOCK/ WARRANT By' Ven Sreenivasan THE stock of China-based pork supplier People's Food has dived about 24 per cent in three weeks. The counter headed the actives list yesterday, with 21 million units changing hands as it fell 5.5 cents or
      248 words
    • Article, Illustration
      Lock icon STI falls on fears of war, US recession
      705 6  -  -ii comment STOCKS ven sreenivasan FEARS of a Middle East war and a US "double-dip" recession sent the Straits Times Index sliding to its lowest close in four weeks yesterday. Bellwether stocks particularly banks and property counters came under pressure as foreign
      705 words
    • Article, Illustration
      Lock icon US$ clobbered by war worries, lower yields
      539 6  -  -i t comment CURRENCIES Ten holds gains at 119.62, sterling ponnd closes just off 31-month high larry wee THE US dollar was still nursing its wounds yesterday after sinking to multi-month lows against a range of currencies on Friday, bulldozed by a United
      Source: Reuters  -  539 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2888 6 UNIT TRUSTS FUNDS S Barney Select Eqty Dividend Ptfl 0.82/ S B Set Gib Bums Ldrs Ptfl(SGD) 082/ S B Sel G(b Business Ldrs Ptfl(USD) 08V AM tan AM Mft (S pore) Star Europe Eaty!** 0 602/ Cn—inlii AM Mot Star Europe Bd 1.104/ Com Global Finance Index Fd 0.1*7/
    2,888 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      30 7 0M Page < I SMOdfcfeM. $o you'll tqjny-' MB' if Hbr fFMter pmci of mind, |SI J f g jf v -r-"-y Lfcrpfiiy mi to IfcllM HtMllllW ljui llllf L'lul mB
      30 words
Page thumbnail Page 8
  • SINGAPORE companies
    • Article
      Lock icon Flextech receives nod to restructure loan stock
      255 8  -  Approval paves way for company to reorganise its business, structure Byi Angela Tan FLEXTECH Holdings Ltd yesterday obtained approval from the holders of its loan stock to restructure the loan, a move which allows the electronic components maker to reorganise its business. Flextech,
      255 words
    • Article
      Lock icon CSE Systems 9-month net soars to $9m
      267 8  -  Group turnover rises 30% to $105 m fromsBlm Byl Tang Weng Fai MAINBOARD-USTED CSE Systems Engineering yesterday reported a three-fold increase in nine-month af-ter-tax profit $9 million compared with $2.1 million in January-September last year. Pre-tax profit surged almost four-fold to $13.2 million
      267 words
    • COMPANY Briefs
      • Article
        Lock icon Sea town shots otvUenggvmit
        27 8 SEATOWN Corporation announced yesterday that it has closed its 51 per cent owned subsidiary Seatown-CREC Pte Ltd, which carried out civil engineering works.
        27 words
      • Article
        Lock icon Edaran starts catting OCL stake
        135 8 Bloomberg CAR trader Cycle Carriage Ltd said Edaran Otomobil Nasional Bhd has started cutting its stake in the company following a July agreement to sell the shares. Jardine Strategic Holdings Ltd, a Hong Kong-based investment company, agreed then to buy the 21 per cent stake
        Bloomberg  -  135 words
    • Article, Illustration
      Lock icon Marco Polo interim profit falls 12.9% to $77.8m
      315 8  -  Byy Vince Chong MARCO Polo Developments, controlled by Hong Kong's Wheelock group, yesterday reported interim profit of $77.8 million for the period ended Sept 30, representing a 12.9 per cent dip from the previous corresponding half-year. Earnings per share came to 19.5
      FILE PHOTOS  -  315 words
  • Page 8 Advertisements
Page thumbnail Page 9
  • SINGAPORE news
    • Article
      Lock icon Local accounting firm spins off M&A aim
      563 9  -  The Chio Lim Stone Forest unit will become a member of M&A Int'l Inc By Wong Wei Kong THE flow of mega merger and acquisition (M&A) deals may be slowing to a trickle, but the market for mid-size M&As is promising enough for
      563 words
    • Article
      Lock icon Boon Yang stays at Manpower Ministry
      197 9 MANPOWER Minister Lee Boon Yang, due to leave the Manpower Ministry this month, is staying put because of the poor state of the job market Dr Lee was supposed to swap jobs with David Lim, who is Acting Minister for Information, Communications and the
      197 words
    • Article, Illustration
      Lock icon Tharman assures SMEs of govt's pro-business stance
      281 9  -  Leans, grant schemes Available to help them Byl David Boey THARMAN Shanmugaratnam, Senior Min ister of State for Trade and Industry and Ed ucation, delivered his "maiden speech in t pub" last night but the topic was a seri ous one that local
      ARTHUR LEE  -  281 words
    • Article
      Lock icon Aussie IT firms pick S'pore to go global
      179 9 EDB project helps Sydney firms expand operations AUSTRALIAN information technology firms have picked Singapore to help spearhead their drive to go global, the Economic Development Board said yesterday. A centre called Western Sydney IT@Zone Asia will be located at an international technopreneur
      179 words
    • Article
      Lock icon Corporate debt issues fell to $8.2b in Q3
      346 9 on the economy debt Reuters THE Monetary Authority of Singapore (MAS) said yesterday corporate debt issuance fell to $8.2 billion during the third quarter in line with the weaker economy and a drop in takeover activity. The three month total compared with
      Reuters  -  346 words
    • Article, Illustration
      Lock icon URA gives landscaping a boost
      504 10  -  PROPERTY FOCUS Revised GFA guidelines provide generously for landscaping, greenery Reports by Kalpana Rashiwala THE Urban Redevelopment Authority has revised guidelines on the definition of gross floor area (GFA) to give building owners greater incentive to provide generously for landscaped shaded communal areas and greenery.
      Source: LRA  -  504 words
    • Article, Illustration
      Lock icon Buyers snub older launches in favour of latest releases
      488 10 SAVANNAH CondoPark and White Water seem to have been the only projects that enjoyed substantial sales over the weekend, reflecting the trend of buyers focusing on recent launches in the low-end segment. Both projects have been on the market for two
      488 words
    • Article
      Lock icon MAS issues online security guidelines
      308 10 It invites comments from financial institutions THE Monetary Authority of Singapore (MAS) yesterday issued its cyber security guidelines and invited comment from financial institutions here. The MAS' Technology Risk Management Guidelines were designed to strengthen and protect financial institutions against cyber security risks, including terrorism.
      308 words
    • Article
      Lock icon Kallang-Paya Lebar road project launched
      124 10 AFP A $1.8 billion road project, tipped to be the longest road tunnel in South-east Asia when completed in 2007, was launched in Singapore yesterday. Transport Minister Yeo Cheow Tong said 75 per cent or 9 km of the 12-km Kallang/Paya Lebar Expressway project would
      AFP  -  124 words
  • Page 9 Advertisements
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      30 10 owtiliPt "—v* ■>i I v J j f i I Xf.11! lilMfc: < iiMß^>^ H- t j •«.,->• -<Ka^^^v^gySjjS^gyc^7<^r!>i^ > „^i K1 itl IITJ JiTiiijfi H Miw^yM»M*HßllfsH bili ifeV'feKl isfsi EliMSailißm S*ißr^. jj
      30 words
Page thumbnail Page 11
  • FOCUS property
    • Article, Illustration
      Lock icon Singing the GST blues
      700 11  -  11 comment PROPERTY 'Irrational' consumers may leave retailers and their landlords- wrfrhinp in pain lee han shih I a i Hfc government's aid package enough to offset the impact of a higher Goods and Services Tax? Perhaps not, going by the theory put forward by Nobel
      FILE PHOTO  -  700 words
    • Article
      Lock icon China Resources Land to sell 6 projects this year
      304 11 Bloomberg (BEIJING) China Resources Land Ltd said it will begin selling as many as six new housing projects in the capital by the end of the year, after sales revenue at Beijing's biggest listed developer tumbled twothirds in the first half.
      Bloomberg  -  304 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      245 11 ®Kf c xaaer JuAJALLifa PRIME PROPERTIES FOR SALE BY TENPIR" At Jervois Road, District 10 77 4 land parcels totaling 101,800 sq ft. Invitation to buy 1,2,3 or 4 parcels Exclusive locality close to embassies Hflgy a prestigious residences Ajy yft Plot Ratio 2.8 uwui Within the prestigious precincts of
      245 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      142 11 PHH CdtoUrae UN 2WH22 THE COMPANIES ACT (CHAPTER SO) THE COMPANIES REGULATIONS NOTICE BY LIQUIDATOR TO CREDITORS OE FIRST MEETING Name of Company Measure* Precision Pie Lid (In Liquidation) Company No: 1W803X52D (Under the Order for Liquidation of Ihe abovenamcd company dated the 22nd day of Madt 2002) Notice is
      142 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 3
      580 11 Promnent feature along PIE 3-storey industrial bu.ld.rv3 Gross floor area 36.150 sq ft Land area 27,190 sq ft Nogroundrent Tenure 30 30 years wef 1981 Sottatte tor industry showroom/ waretwuse Aiso avalaMe tor lease Freehold Land for Sale at Sophia Road District 9 Land 11,000 sq ft I Plot Ratio
      580 words
Page thumbnail Page 12
  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Make risk predictable again, Jakarta
      587 12  -  Mhi'.l bottom line OPINION dane chamorro The writer is a former US diplomat and was previously an executive with the Swiss multinational SGS, which assisted the Indonesian government with a foreign investmentfacilitation programme for over 10 years ECONOMISTS, analysts and businessmen often claim the "rule
      587 words
    • Article
      Lock icon IN OTHER WORDS
      105 12 'Who would have imagined a German chancellor would run on an anti-American platform and win? This alone says how much the world we live in is changing.' gnprhaw a senior fellow at the Council on Foreign Relations. 'Pitt was a poor replacement for Arthur Levitt, who was
      105 words
    • Article
      Lock icon China pays the price of change
      659 12 EDITORIAL CHINA'S spectacular economic transformation in the last 20 years may have made it one of the most exciting markets in the world for businessmen now, but its development has not come without a price. The number of unemployed is in the millions and
      659 words
    • Article, Illustration
      Lock icon Time for a new-look E Asia economic model
      1031 12  -  Shifting from an export orientation towards increased reliance on domestic demand seems the way to go a change which requires big economic adjustments in the region Frxmi, j /r. i Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo A QUIET
      REUTERS  -  1,031 words
    • Article
      Lock icon Wolves in sheep's clothing
      737 12  -  COMMENTARY Now watch the Republicans go wild with conservative policies By\ Bob Herbert The writer is a New York Times columnist NYT ONE of the definitions of slick is "deftly executed; adroit". Synonyms include "sly, shrewd, slippery, wily". These words came to mind as I watched
      NYT  -  737 words
Page thumbnail Page 13
  • MAIL bag
    • Article, Illustration
      Lock icon MC issue: blame it on apathy
      518 13  -  Teo Poh Siang Singapore I REFER to your editorial "Improving estate management" (BT, Nov 5) and two other reports, "Need to tighten law regulating MC activities" (BT, Nov 2) and "Managing agents shouldn't canvass for proxies for MCs" (BT, Nov 2). Your editorial rightfully
      FILE PHOTO  -  518 words
    • Article
      Lock icon Lowering CPF rate will cut spending
      213 13  -  Leong Sze Hian Singapore I REFER to the article "Clear and present danger" by Joseph Chong (BT, Oct 30). It states that flationary measure is to lower the minimum guaranteed rates of return in the CPF accounts. Now, lowering the CPF rates means less
      213 words
    • Article
      Lock icon GST increase important in deflation fight
      241 13  -  Bryan Goh London via Internet RAISING the GST makes sense. This is because the proportion of the population that pays income tax is almost certainly smaller than the proportion that is subject to GST. From the point of view of tax revenue collection GST
      241 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      451 13 Fax your letters to 6319-*****r email them to bttetterQsph.com.sg or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore3lB994. We need your full name, address and telephone number for verification. Please use temperate language, andbearinmind libel laws. We reserve the right to edit and amend
      451 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      359 13 IN THE MATTER Of THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF KRETA AYER PEOPLE'S THEATRE PRIVATE LIMITED (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101 A Upper Cross Street. #11 22 People's Park Centre. Singapore *****8
      359 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 3
      39 13 a RfijTEK PHILIPPE -GENEVE Begin tradition.^ JOT a K iTi /ai P ft ml PRy 1 ILwAi jjl look after it for the next generation. b TZV r 'l'nT P f Geneva Master Time, Tel: (65) 6732 1506. www.gmtsingapore.com
      39 words
Page thumbnail Page 14
  • REGIONAL news
    • Article
      Lock icon General Soil's MD charged with stock fraud
      256 14 FRAUD CRACKDOWN Tan and stockbroker plead not guilty; on bail, passports seized Bloomberg [KUALA LUMPUR] General Soil Engineering Bhd's managing director was charged yesterday by Malaysia's securities regulator with manipulating trading in contractor's stock. Tan Soon Geok was charged in a sessions court
      Bloomberg  -  256 words
    • Article
      Lock icon Sarawak brokerage's ex-CEO gets jail
      424 14 KUCHING Landmark case is M'sia's first under Section 87A (a) of the Securities Act Bernama THE Kuching Sessions Court yesterday sentenced a former Sarawak Securities Sdn Bhd (SSSB) chief executive officer to two years' jail and another ex-employee to eight months' jail for defrauding the
      Bernama  -  424 words
    • Article, Illustration
      Lock icon Celcom denies report of more false accounting
      361 14 KUALA LUMPUR Report claims these could amount to someßM7som Reuters MALAYSIA'S second biggest mobile phone firm Celcom (Malaysia) Bhd denied a news report that said additional accounting discrepancies worth some RM7SO million (***** million) had been discovered. A company official told Reuters the
      Reuters; REUTERS  -  361 words
    • Article, Illustration
      Lock icon Indon panel okays debt revamp plans
      412 14 JAKARTA Reuters AN Indonesian parliamentary commission yesterday approved major moves to help the cash-strapped government cut the cost of servicing punitive domestic public debt, freeing up more funds for development. They were the rescheduling of 175 trillion rupiah (5533.2 billion) in bank recapitalisation bonds
      Reuters; AFP  -  412 words
    • Article
      Lock icon MAS returns to the black in 2nd quarter
      437 14  -  Net profit of RMIJm is its first in 5 years From Eddie Toh in Kuala Lumpur MALAYSIAN Airline System (MAS) has returned to the black for the first time in five years when Malaysia's national carrier recorded a net profit of RMI.I
      437 words
    • Article
      Lock icon Malaysia to amend bond issue rules
      304 14 KUALA LUMPUR Bloomberg MALAYSIA'S securities regulator plans to alter rules on the lifespan of corporate debt to help ensure companies better match their borrowings with the cash flow from the operations they are funding. The Securities Commission aims to cut the maximum life of
      Bloomberg  -  304 words
    • NOTE Book
      • Article
        Lock icon KL's language rule for foreign labour
        62 14 AFP [KUALA LUMPUR] Foreign workers brought into Malaysia under government-to-government labour agreements will be required to speak either Malay or English, a minister said yesterday. Human Resources Minister Fong Chan Onn said countries sending workers to Malaysia would be required to provide language courses
        AFP  -  62 words
      • Article
        Lock icon KL rules out Yemen-style US attacks
        63 14 AFP [KUALA LUMPUR] Malaysia warned yesterday that any covert military action by the US against terrorist targets, such as the missile strike in Yemen last week, would be unacceptable here. "We do not need any foreign interference or foreign troops in the country. We
        AFP  -  63 words
      • Article
        Lock icon MRCB seeks to strike out lawsuit
        117 14 Reuters [KUALA LUMPUR] Malaysian Resources Corp Bhd (MRCB), hit by a surprise US$l2.7 million lawsuit, said yesterday a court has granted a stay of execution after it filed an application to set aside the judgment A company called Juranas. which MRCB had contracted as
        Reuters  -  117 words
      • Article
        Lock icon SAP ups RHB Bank outlook to stable
        73 14 Bloomberg [KUALA LUMPUR] RHB Bank's rating outlook was raised to stable from negative by Standard Poor's, which said its asset quality is unlikely to worsen. "Standard Poor's expects the bank's non-performing assets to level off and improve as its restructuring schemes for large
        Bloomberg  -  73 words
    • Article
      Lock icon Taiwan seeks new role as factories leave
      620 15 TAIPEI But critics say Taipei is moving too slowly to find new engine for economy Reuters THE clock is ticking away for Taiwan to find a new business role before China hollows out the island's economy by grabbing its mantle as a leading
      Reuters  -  620 words
    • Article, Illustration
      Lock icon Australia withdraws Bali travel warning
      318 15 TERROR FALLOUT Bashir arrest deemed legal by Jakarta court AFP. Reuters [SYDNEY] Australian authorities withdrew a special travel warning for Bali yesterday, a month after a car bombing by suspected Islamic radicals killed more than 180 people on the Indonesian resort island. But the Australian
      AFP.; Reuters; AFP  -  318 words
    • Article
      Lock icon Templeton opposes plan to take Henderson Inv private
      287 15 ■HONGKONG Henderson Land s offer price is too low, says Motrins Reuters FUND manager Templeton Asset Management yesterday registered its opposition to Henderson Land Development's US$7O4 million plan to take its investment arm private, saying the offer price is too low. Property
      Reuters  -  287 words
    • Article, Illustration
      Lock icon Bill Gates lands in India amid a Linux debate
      533 17 BANGALORE Support of India's legion of software writers is crucial for Microsoft NYT TAKING the case for Windows software to a crucial audience, Microsoft chairman Bill Gates began a fourday tour of India yesterday. India has an estimated half-million individual software
      NYT; AP  -  533 words
    • Article
      Lock icon Reliance to invest in telecom unit
      201 17 NEWDELHI Reuters RELIANCE Industries Ltd, India's largest petrochemicals maker, plans to invest an additional 50 billion rupees (Ssl.B billion) in its telecoms subsidiary, the Business Standard newspaper said yesterday. The paper quoted unnamed sources as saying Bombay-based Reliance Industries, also a leading refiner, would
      Reuters  -  201 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • Page 15 Advertisements
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      1167 16 /VHZIHO Mizuho Financial Group THE DAI-ICHI KANGYO BANK, LIMITED THE FUJI BANK, LIMITED f*lf THE INDUSTRIAL BANK OF JAPAN LIMITED (INCORPORATED IN JAPAN) (INCORPORATED IN JAPAN) USU (INCORPORATED IN JAPAN) NON-CONSOLIDATED BALANCE SHEETS The Oai-lchi Kangyo Limited The Industrial knkofjapan. Limited March 31, 2002 March 31, 2001 March 31, 2002
      1,167 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      289 17 m '.Jj| .j. Hp HYDROMAX® World-record The Hydromax has been designed to meet the most extreme deep-sea diving conditions. Tests performed in a hyperbaric tank have proved the Hydromax watch's resistance to a pressure of 1110 bar moo performance due to a perfect of the a transparent known as Models
      289 words
Page thumbnail Page 18
  • Article, Illustration
    Lock icon FINANCE
    848 18 Transaction date: Nov 11 INTERBANK CROSS RAT73S Ml i CKb SS 8- WS^N^WS *"*•8. 0.185 4491 0.551 4.409 27.284 ***** 0477 6.787 2J48 1141 33.M6 ***** 0.994 5.552 0JI7 194S6 24W1 m C-* IU0 1303 0431 4484 ***** ***** 0.764 7472 2.428 1289 ***** ***** 1124 0275 0924 27
    848 words
  • Article
    Lock icon COMMODITIES
    1367 18 SICOM FUTURES t Nov 11 MMBt Fakra (CM* prion) KSKSoatsA*) CtoM Vo(mm obm \m S«tt (to—e*) Mantt 0*02 I ***** T Jan 03 M8.00 Fet 03 M8.00 1*03 148.00 tSS3OftcMts/fc0 folmm Om Ltm sit (team) latere* Dac 02 82.75 1400 J" 03 8150 834)0 8125 ft50 3500 F*03 8150
    1,367 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      154 18 \ir. t 1 T t A252fS^L x N '%^i l CAPTIVATING |pj|* ORCHARD From 8 21 Novcmbcr 2002, feast on the royal lavish CAFE spreads of Thai cuisine specially prepared by Chef f i|Bja jpi^!i Prapairat Wongdee and her team, specially flown in from the luxurious >: To spice things
      154 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      34 19 PagelS W 1 V gyv.-<ats»< PRIM ERA wagon SHlFT_the future TAnCH n G TanChong Motor Sales Pte Ltd ESS^ST 1 3888 M Sun 6 10 '«*****3M-TI»Au.. SMWtPt»Ltd 157 SmMing Road.Ml-06. W BuWn, A™*.K*****4)T*6456 1688
      34 words
Page thumbnail Page 20
  • REGIONAL news
    • Article, Illustration
      Lock icon Party leadership lineup expected
      643 20 CHINA CONGRESS Jiang is expected to give np top post bnt cling to power from behind the scenes Reuters [BEIJING] After months of furtive jockeying for position, China's Communist Party elite is expected to receive yesterday a list of candidates for a new generation of leaders
      Reuters; REUTERS  -  643 words
    • Article
      Lock icon China's October factory output soars 14%
      160 20 Reuters [BEIJING] China's industrial output in October grew at the strongest pace all year, official statistics showed yesterday. Last month's 14.2 per cent rise from October 2001 was driven largely by the red-hot electronics, automotive and chemical sectors, which accounted for nearly 40 per
      Reuters  -  160 words
    • Article
      Lock icon Real jobless rate is 7%
      113 20 AFP [BEIJING] The real unemployment rate in China is likely to be almost double the official figure, the country's labour minister said at a key Communist Party gathering yesterday. There were around 14 million people in urban areas without work, Minister of Labour and Social
      AFP  -  113 words
    • Article, Illustration
      Lock icon Brilliance China ownership change unlikely to upset plans
      475 20 HONGKONG News report says Chinese govt will take over control Reuters TRADING in the shares of Brilliance China Automotive Holdings Ltd, China's largest van maker, was suspended yesterday following a weekend newspaper report that the Chinese government will soon take over control
      Reuters; APPLE DAILY  -  475 words
    • Article
      Lock icon Party posts won't prevent penalty for graft: official
      642 20 Party leaders also highlight problem of widening wage gap AP, Reuters [BEIJING] Admitting that corruption in China remains severe, a senior leader at this week's party congress was quoted yesterday as warning communists "in high and low positions" that their party posts
      AP,; Reuters  -  642 words
    • ASIA Notes
      • Article
        Lock icon HK sees record welfare claims in Oct
        105 20 Reuters fHONG KONG] The number of Hong Kong families on welfare hit a fresh record in October as the territory battles its second recession in four years, government figures showed yesterday. A record 264,285 households claimed welfare in October, up 0.5 per cent
        Reuters  -  105 words
      • Article
        Lock icon China insurers to spin off assets
        94 20 Reuters [BEIJING] The People's Insurance Company of China (PICC) and China Life Insurance Co will spin off their best assets into joint stock firms to pave the way for overseas listings, the China Daily reported yesterday. PICC was expected to launch a joint stock
        Reuters  -  94 words
      • Article
        Lock icon Asia TV CBO to take controlling stake
        80 20 AFP (HONG KONG] Asia Television Ltd's chief executive Chan Wing-kee yesterday said he has taken control of one of Hong Kong's two free-to-air broadcasters after buying a 32.75 per cent stake. Mr Chan said he had reached agreement last week with tycoon Lim
        AFP  -  80 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      1215 20 wcraWirt t J- KYODO-ALLIED INDUSTRIES LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of the Company will be held at 17 Kian Tec* Road, Singapore *****1 on Friday, 29 November 2002 at 3.00 p.m. to transact
      1,215 words
Page thumbnail Page 21
  • WORLD news
    • Article, Illustration
      Lock icon ECB leaves growth burden to Fed
      641 21 FRANKFURT Bat analysts doubt if the US will be able to pull it off Bloomberg THE European Central Bank (ECB), by passing up an opportunity to cut interest rates last week, left the burden of reviving world growth resting on a sputtering US economy,
      Bloomberg; AFP  -  641 words
    • Article
      Lock icon South Korea tightens curbs on mortgage lending
      227 21 SEOUL Bloomberg SOUTH Korean regulators will tighten restrictions on mortgages amid concern that a housing boom will lead to higher loan defaults. Banks, starting on Friday, will be required to include more overdue mortgage payments in their calculation of risk when determining capital-adequacy
      Bloomberg  -  227 words
    • Article
      Lock icon RBA sees Aussie economy slowing down
      288 21 SYDNEY End of housing boom, drought, weaker world growth cited Bloomberg AFP AUSTRALIA'S economy will slow in the coming year from annual growth of about 4 per cent, the central bank said yesterday. The end of a housing boom, a drought and weaker world
      Bloomberg; AFP  -  288 words
    • Article
      Lock icon Buffett likely to buy GE unit Employers Re
      477 23 OMAHA, Nebraska A deal will make Berkshire world's biggest reinsurer by premium income Bloomberg WARREN Buffett has made an offer to buy General Electric Co's Employers Reinsurance Corp, according to investors. Price is the major obstacle since Mr Buffett has offered less
      Bloomberg  -  477 words
    • Article, Illustration
      Lock icon Film studios start offering movies online
      382 23 Movielink is aimed at combating online piracy NYT [NEW YORKJ Seeking to protect movies from the rampant online piracy that afflicts the music industry, five major film studios planned to begin offering yesterday rental feature films that consumers can download from a website for
      NYT  -  382 words
    • Article
      Lock icon AOL may delay CNN merger with ABC News
      206 23 NEWYORK NYT NEGOTIATORS of the proposed merger between CNN and ABC News reported extensive progress late last week and predicted that an agreement in principle could be in place as early as January. But as the negotiators pushed ahead, new questions arose
      NYT  -  206 words
    • Article, Illustration
      Lock icon Oil prices rise as US ratchets up hawkish talk
      427 24 LONDON US official warns it will hold Iraq to 'zero tolerance' standard Bloomberg Reuters OIL prices rose yesterday as the United States warned Iraq that one false move in complying with the United Nations resolution on weapons inspections would lead to
      Bloomberg; Reuters; AP  -  427 words
    • Article
      Lock icon Swiss Re surprises by naming a non-Swiss as its next CEO
      274 24 ZURICH Reuters, Bloomberg SWISS Re, the world's No 2 reinsurer, yesterday surprised financial markets by naming a 30-year company veteran, John Coomber as its chief executive. He succeeds Walter Kielholz who is moving to struggling Credit Suisse Group as
      Reuters,; Bloomberg  -  274 words
    • Article
      Lock icon US bankruptcies expected to surge
      268 24 NEW YORK They could come before Republicans pus new law THERE could be a wave of US bankruptcies before legislation that is now expected to be passed speedily by the Republican-dominated Congress, the Financial Times said yesterday, citing corporate restructuring experts. The Bankruptcy Bill will
      268 words
    • Article, Illustration
      Lock icon Deutsche Telekom in 30b euro writedown?
      333 24 FRANKFURT Reuters DEUTSCHE Telekom looks set to clear the decks for its new chief executive with a massive 30-billion-euro (5553.4 billion) write-down, industry sources said yesterday. Deutsche Telekom is set to post a nine-month net loss of 5 billion euros on Thursday and will
      Reuters  -  333 words
    • WORLD Watch
      • Article
        Lock icon HP president Capellas quits
        75 24 AFP i wmvj newiett-Kackard president Michael Capelias is quitting, the company said yesterday, as speculation mounted he will take the reins at embattled telecoms group World Com. Mr Papon™. was leaving "to pursue other career opportunities" Hewlett-Packard said. His position as chairman would not be replaced,
        AFP  -  75 words
      • Article
        Lock icon Deutsche Bank unit buys US tower
        67 24 Bloomberg [FRANKFURT] Deutsche Bank's real estate hind management unit said it bought Chicago's 51-storey ÜBS Tower for about US$4lO million and plans to create a closed fund for interested investors in December. DB Real Estate Management bought the building at 1 North Wacker Drive
        Bloomberg  -  67 words
      • Article
        Lock icon NZ to invest NZ$2b pension fund
        59 24 Bloomberg [WELLINGTON] New Zealand will likely b««in investing its state pension ftind in local and overseas markets in the third quarter of next year, once advisers are appointed and policy decisions are made. Guardians of the New Zealand Superannuation Fund expects to have NZ*2
        Bloomberg  -  59 words
      • Article
        Lock icon AIG to join CLS forex settlement
        50 24 Bloomberg [LONDON] American International Group invested in CLS Group Holdings and plana to Join n .ft Rank International's foreign exchange settlement service. Foreign exchange trading often crosses time zones and settling trades typically takes three days. CLS members can settle trades within a dayßloomberg
        Bloomberg  -  50 words
    • Article
      Lock icon WorldCom to revise financial statement further
      369 25 NEW YORK Move comes as part of talks to settle fraud charges NYT WORLDCOM expects to expand its financial restatements significantly, even beyond the US$9 billion in fraudulent results the company has already disclosed, senior World Com executives said in an interview late last
      NYT  -  369 words
    • Article, Illustration
      Lock icon Bush in no rush to name new SEC chief
      439 25 WASHINGTON White House will do it right and not in haste, says aide Bloomberg US President George Bush will not be in a rush to name a successor to departing chairman Harvey Pitt at the Securities and Exchange Commission, said White
      Bloomberg  -  439 words
    • Article
      Lock icon Banks may face pressure on research reforms
      327 25 NEW YORK Unhappy with slow progress, Spitzer may set a deadline NEW York attorney-general Eliot Spitzer is considering the imposition of a deadline on investment banks to reach a "global settlement" with securities regulators on new rules for Wall Street research, the Financial
      327 words
    • Article
      Lock icon Global investors switch out of equities and into bonds
      595 26  -  This explains why stock markets have not reacted to interest rate cnts Froml Neil Behrmann in London GLOBAL stock markets are failing to respond to interest rate cuts, partly because of the institutional trend of favouring bonds over equities. US, European
      595 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      680 21 ■KfZVfJHRH Cafl teU-lree 1800 289 8822 IN THE MATTER OF FOREGAIN INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50, that a Final General Meeting of the members of the abovemenhoned Company will be hetd at #21-00 Alexandra
      680 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      53 21 *On Selected Aircraft Over 200 international awards, over 50 international destinations. For more details contact your travel agent or Emirates on 6735 3535 or visit 435 Orchard Road. #19-06 Wisma Atria, Singapore *****7. Airline of the Year 2002 as voted in Skytrax's online survey. To join Skywards, our frequent flyer
      53 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      91 22 I Birth rate down, life expectancy up, exports down, inflation rate no change, productivity up, illiteracy rate down, unemployment rate up, crime rate down. How do you run a country? Figure it out. V The Bigger lesaet. Ike Singapore AdminieMhe Service. wfl ■I, esaßgyw(Spp -mMK 'IB i? $M| 1 I
      91 words
Page thumbnail Page 23
  • Article
    Lock icon STOCKS ASIA
    4574 23 Transaction date: Nov 11 for more, go to umru\asiaorienmarkets£om HONG KONG HK Exchanges 8 Clearing 10 10 -0.25 4932 WW H(CRW1...Tl .7....130 -0 04 531 1,8 Hong Kong Electnc 3130 unch 4544 Alnha On_al nm Hongkong Chinese 053 -001 492 22? .-12 Hongkong Chinese Ltd .0.53 -0.01 492
    4,574 words
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      186 23 IWCl Official supplier to men. We care for men: take the Big Riot's Watch. afljjML, for instance. With a case measuring 46.2mm in diameter and weighing in at 150g, mechanical movement with PeJIaton automatic winding system and a seven-day A power reserve. Ref. 5002 in stainless steel. Also available in
      186 words
Page thumbnail Page 24
  • Article
    Lock icon KLSE
    2108 24 Transaction date: Nov 11 I KUALA LUMPUR 3.50 unch i Vel FMM 182 -0.02 2 m *b (*800) FWkufcmnes Alt unch 0 Gadang 0.M unch 0 A»M Realty 0.90 inch 0 Gamuda 5.75 unch 567 1.15 -0.01 SO GanadCorp j07C 0.03 3 ACP Industries 2.90 unch 15 General Cap.....
    2,108 words
  • Article
    Lock icon SGX
    607 24 Transaction date: Nov 11 irsi ns *1 ssr~ ss ST^TS?" JS gm u 2SS" ao» 0% Dnr JOt 2J01 US <0220 MowM25c |m OlMiii T2Sc M tin -OJOO SEX V «|J VI20 -MHO MS Cm 117* 11J00 -OJOO BASOc iu jflZ Mi>MWU5S5fc 0.72 0JOB -OJMO MT Mc u n
    607 words
  • Article
    Lock icon BONDS & WARRANTS
    495 24 BONDS WARRANTS tm M Car to ta'Sto WI f—> toto Wn uft AsnvwMOKi „s 1 139 0J0 19 AonaLtdW*****6 2 1 50 643 3 50 24 Amwkwresoeio Ms 2.5 102 1 33 -1 153 31 *m»Wng*«05J0_ 13 I 10 130 333 8ar6*SA09O9O1 10k_ W« tor 6 5*******110k Boustead W*****2 1
    495 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      112 25 British Virgin Islands Cayman Islands Bihtmis Mauritius Hongkong »~y» SIIHOi H Pull nominee, management, corporate secretarial, banking H and professional administration services are available. Hj We also specialize in offshore trusts, offshore banks, and captive Hi insurance companies for qualified applicants. For further information and immediate service please {J f
      112 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      203 25 Good Times Fly Save up toOv /y on ANA Business Class when you fly MIA Asia Mamie Rmm jj STOPOVER SINGAPORE ANA ASIA TRIANGLE FARE* Inclusive of One Asia Stopover Business Class E^dass Wm J# Beijing frSS3,42O fr. SS 1,860 Shanghai fr. 553.420 fr. 551.860 f iPHfI Taipei fr. 553.420
      203 words
Page thumbnail Page 26
  • Article
    Lock icon SGX MAINBOARD
    4586 26 Transaction date: Nov 11 for live prices, log on to uwwxisicumemarketsjcorn o* LaMQm* Giot* n» gttw mm mcm u» ri ii»«mi «t w- rm» -*> i— wmm Mb cw m s3 ABNAmroMLG 56c 9 12 34 1411 113 15 12 07 8 1.1 193 114 24.5 115 AEM-Evertech
    4,586 words
  • Article
    Lock icon SGX XTRANET
    44 26 j55= a a J'u.aya.'t era '0*0 WO Diamonds Irs9600 OCT) MOO 2700 l50JU5T«tl US2700Oled 575 555 l5M505porc US555afcd Don (200 I55AHOO ustTTOala) n75o (200 von usuao I I I I I 1005 1X3 ST1ETF100 1450 -5 0 1450 1450 1450 1459 I
    44 words
  • Article
    Lock icon SGX SESDAQ
    1156 26 IMQaili Mb n» CftH Mat MCm -9EJ55 «-®a rm i«n»Mi no w >3 215 f ASKMIdgsSc 10 ,123 515 14 I'f "5 5 113 15 73 14.5 Jt 175 27 5 17 175 23 J'* ,0 ASP'Ol— 14 inh 71 14 13.5 135 14 215 175 7 AumedKSc
    1,156 words
  • Article
    Lock icon CLOB INTERNATIONAL
    310 26 M Ml tar II Own CrfMo Mr Cftw MM —Cm u» n—iu w- cm m+ u» mmm M» cv m «3 US 75 AVJcnningi A2S< AM «05 111 MS 94 94 H5 40 34 104 5.5 W2J MK720 265 2 1 7.4 6 241KJ ChauigKongSOc HK17M 240 U
    310 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      212 26 oniric CROSSWORD 9 Diamonds found in court —JB— Starts to use massage on 30 2^to*StkJT<?lT onoe 188 12 he)puls back oul ordw last (4) to action (11) Jo evade response (4. 3. YESTERDAY'S SOLUTION v"™ Across: 1 Catacomb, 5 Dry 2 Teachers show pam (4) 13 Deliver hire car late
      212 words
Page thumbnail Page 27
  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Time for Singapore to think anew
      1656 27  -  In a recent talk on applied creativity titled "Hello, Inspiration Meet Perspiration "at Nanyang Business School, visiting professor Shlomo MtdUdfocused on what he described as fascinating "<contrasts between Singapore and Israel. There is no lack of creativity nor entrepreneurship in Israel, but start-ups often
      FILE PHOTO  -  1,656 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      168 27 Where to wine, dine and entertain... < tmemaunaf I Jft < COOLEST NIGHTSPOT FOR A NOSTALGIC TIME Relieve thegoodoid days with superb live entertainment brought to you by our all new band. The Velvets". Happy Hours: spm to 8.30pm, Monday to Friday. spm to 1,45 am. Sunday. your javourite song
      168 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      48 27 Not mM tor aat Maw and dacount MtaMi R§v™7ol Weekday*; 1780- ifegfßi Weekands/PuWic HoMdayvEvT ■Mroniy J|| $15.80* tjg I 1 Spring Court I I The Olden JSSS Chinese Restaurant in X. Singapore since 1929. Special PEKING PUCK Limited to one per table with min. order o( $50 onwards.
      48 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 3
      87 27 Captain's TaSCe Set Menus Try tfe best of Captain's TaBU in our set menus Set menus for 2 to 10 persons an availabie.. trices range from. $68++ to $4&B++ per set 14 ingredients to select! For only £7.oo+++ (Lunch) Mon-Fri A S&oO+++ (Dinner) Daily a J jfc WEDDING PACKAGES Chinese
      87 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 4
      91 27 choose from, each set comes with nee. salad, fresh farts, main dsh Mixed Fned (Fned Prawn and Nuggets) Japanese Crispy Chicken Nuggets lernyaki Chicken Chicken Cut Jet Salmon Beef CALL: e® 6253-0777 TZt C/ 01,.,», (Angeiine) Mr""-*"* MontoSo*: 12noon 2.30pm > Adult: $29 90*++ Child $20 00+++ (6yrs 12yn) LUNCH
      91 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 5
      47 27 Jai M i 'M from*more thantSO^disKesM MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime Enquiries: 6831 6291 C/* jU «*xJC CallntnM B 1111! ManJkirut ill Singapore A BH Xmm v 333 Orchard Road, Singapore *****7 TH: 6737 4411 fax: 6732 2361
      47 words
Page thumbnail Page 28
  • THE achievers
    • Article, Illustration
      Lock icon Not for money or country
      1336 28  -  Successful China-born US entrepreneur aims to boost image of mainland Chinese people in business, reports Jennifer Lien in Silicon Valley Jennifer Lien CHEN Hong always believed he was headed for a career as an academic. After all, he was one of the best students in
      JENNIFER LIEN  -  1,336 words
  • Page 28 Advertisements
Page thumbnail Page 29
  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      269 29 Reuters THE Baltic Dry Index (BDI) rose one point to 1,446, the Baltic Panamax Index (BPI) gained four points to 1,380, the Baltic Handymax Index (BHI) fell two points to 9,614 and the Baltic Capesize Index fell one point to 1,889. TWE-CHARTTR: Fersoa, built 1992,*****9 dwt delivery Guangzhou
      Reuters  -  269 words
    • Article
      Lock icon MARITIME STOCKS
      263 29 MX '000 ■w" w CWT Distribution 0.72 unch 0 Chuan Hup 0.47 0.01 1496 Cosco Investment 0.18 unch 75 freight Links 0.04 0.01 S3 CB Holdings..... —0.65 unch 0 Jaya Holdings 0.25 unch 255 Keppel Corp A2Z -0.06 1091 Keppel Marine 0.16 unch 235 Keppel Tele 0.90 -0.02
      263 words
    • Article, Illustration
      Lock icon RCL's profits down in Q3 on lower forex gains
      471 29  -  Profit drops in quarter to 190 m b&ht despite only slight fall in sales By Beth Jinks [SINGAPORE] Despite suffering a relatively slight drop in sales, Singaporeheadquartered and Thailisted feeder Regional Container Lines (RCL) saw its third quarter profits fall two
      FILE PHOTO  -  471 words
    • Article, Illustration
      Lock icon SSA highlight
      53 29 [SINGAPORE] Arerx t they lovely! Singapore's shipping industry welcomed the return of the annual Miss SSA competition the highlight of the Singapore Shipping Association 's 17th anniversary gala dinner recently. Pictured is Christine Teh crowned Miss SSA 2002. First runner-up was Ismaniyah Mohammad Isnin (left) and second runner-up
      53 words
    • Article
      Lock icon NZ short-lists S'pore firm to supply navy ships
      182 29 AP [WELLINGTON] Listed Singapore company Singapore Technologies Marine is among six international shipbuilders shortlisted to tender for a NZ$5OO million (***** million) contract to build new naval ships. Defence Minister Mark Burton said yesterday. The fleet upgrade includes a ship capable of
      AP  -  182 words
    • Article
      Lock icon Freighter carrying lumber sinks off Japan
      188 29 All crew of Chinese-registered vessel rescued AP [TOKYO] A Chinese-regis-tered freighter loaded with lumber sank off the coast of Japan's southernmost islands on Sunday, but its entire crew of 28 Chinese na- tionals were rescued, Japan's Coast Guard said. One man was being treated
      AP  -  188 words
    • Article
      Lock icon Italy joins US pre-screening cargo programme
      244 29 Move comes despite EC warning on signing bilateral customs pacts [SINGAPORE] Italy has become the latest to sign onto US Customs' Container Security Initiative (CSI) despite recent warnings by the European Commission (EC) that action may be taken against the bilateral agreements. US Customs
      244 words
    • PORTS association
      • Article, Illustration
        Lock icon Group to gain from new chief's business contacts
        1470 30 Rotterdam s Pieter Stmijs to head International Association of Ports and Harbors next year Port of Rotterdam v IN May of next year, the highest office of the International Association of Ports and Harbors (lAPH) will fall to the Port of Rotterdam
        Port of Rotterdam  -  1,470 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      134 30 PAGE BSA 6 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 Central Ex ..4 China Shpg 5 Cougar 5 CWT Globelink ...6 Del mas 4 Dongnama 3 1 ECL 3 Evergreen 4 Foong Sun 5 Fujitrans 6 Gemartrans 4 Hangli 4 Hyundai 4 Heung-A 3 IRISL
      134 words
    • Article
      Lock icon SHIPPING GUIDE
      11831 34 THEBUSINESSTIMES EXPORT nn.i.i-i T V»SJ»I Voyage Telephone I ETA ETA Advertise Vn»i S,N Number Numbe, SIN D.s,n Na£ ZZ "ZZT To AOABA (AOJ) 2023 Jordan To ABIDJAN (ABJ) 2003 Cot. D',voire BflI oVH COSCO Oiyunhe 0 30W an 17/12 Kien Hum) ASIAN POLLUX 039W 45-*****U3 2V. W UASC
      11,831 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        404 37 Vessel Voy Wo Berth Arrival Departure JURONG PORT AQUA CRYSTAL 2 J4/5 A/SIDE 12/11 0600 DAKSHINESHWA V001 J15/16 A/SIDE 12/11 1500 MARCOPOLO 88 07/021 J14 A/SIDE 12/11 0630 MAWATANGNGE PV303 J14/15 A/SIDE 12/11 1500 NIC0 3 1111 13 A/SIDE 12/11 0630 PHOENIX HOPE 64 J5 A/SIDE 12/11 0600
        404 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1643 37 CONTAINERS TERMINAL AMD VESSEL SfNPnm cc Vessel Out In Bth Berthing Un Berth Name Voy Voy seq berthing Nmbr I ACX DAHLIA 055S 0555 1 1201/2002-0800 1201/*****700 B07 ACXHIBISCUS 072N 072N 1 1301/*****1:30 T02 ALAMJAYA 2 0816N 0816N1 12/11/2002 11.00 1201/2002 18:00 B04 ALAMJAYA 2 0817N 0817N 1
        1,643 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        148 37 Not 12 Taiwan: B day of Dr Sun Yat Sen Nov IS Belgium: King's Day. Nov 23 Japan: Thankgivings Day. Dec 5 Thailand: King's Birthday. Dec 6 Malaysia: Hari Raya Puasa. Brunei: Hari Raya Puasa. Singapore: Hari Raya Puasa. Dec 7 Malaysia: Hari Raya Holiday. Dec 10 Thailand:
        148 words
      • Article
        Lock icon COCKETT BUNKER MARKET
        820 37 THIS report, complied by Cockett Ma rine 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 average sized stem Market movements are indicated The Cockett Bunker Price Index change and the
        820 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        474 37 Carbon 31 D*nvtr Water mm* AihAhtmttdvm Su0rnmt M/H Wi %ufl, rw, ISO/Cimac Limits Spec E25 991 10 15.0 0.10 80 010 G35 991 10 W O 0.15 80 010 Northern Europe 180 Aw 980 4 0.2 tl.0 0.04 28 0.02 »0 Mm 9918 22 14.7 0.09
        474 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Direct China-Taiwan links will hurt HK carriers: ING
        571 38 Dragonair will be worst hit, bnt Cathay Pacific will also be affected Reuters [HONG KONG] A reopening of direct air links between mainland China and Taiwan will benefit mainland and Taiwan carriers but hurt airlines in Hong Kong, now the main transit
        Reuters; AFP  -  571 words
      • Article, Illustration
        Lock icon Plane crashes into Manila Bay
        284 38 Reuters [MANILA] A Fokker plane with 34 people aboard crashed into Manila Bay yesterday shortly after taking off for the northern Philippine city of Laoag, the Air Transport Office chief said. Local radio reports said many foreigners from Taiwan, China, and South Korea were among
        Reuters; AFP  -  284 words
      • Article
        Lock icon 2nd big United Airlines union agrees to pay cuts
        543 38 Carrier slashing costs to win federal backing for a loan, avoid bankruptcy Reuters (CHICAGO) Flight attendants at United Airlines on Sunday agreed to cut their wages by US$4l2 million over 5 1 2 years, becoming the second major union to reach
        Reuters  -  543 words
      • Article
        Lock icon Emirates' half-year profits soar 140%
        225 38 AFP [DUBAI] Dubai-owned Emirates airline group announced yesterday a 140 per cent rise in half-yearly profits to 404.2 million dirhams (*****.6 million). The results for the six months to Sept 30 compared with 168.2 million dirhams for the same period of 2001. Operating revenue reached
        AFP  -  225 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1998 38 CITY FLIGHT £TA FLIGHT ETO A4*U*« LH229 2345 $0989 1555 S0990 01» S0229 2245 JLJT21 0&45 Aasttrtt* S023 0635 GA974 0130 6mr«iIm S0803 WO CZ352 0*35 AL837 1535 *1838 2330 CZ3S1 2245 S024 2345 N«nI ¥*741 1325 **740 1430 AtftMS SO347 0630 MM TG407 1545 0S86U
        1,998 words
      • Article
        Lock icon Bali airline likely to begin service in Feb
        223 38 AP [PERTH] The Indonesian island of Bali's first international airline, which postponed its maiden flight because of last month's deadly terrorist bombing, now plans to take to the skies in February, the company said yesterday. Air Paradise International had planned to fly
        AP  -  223 words
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      411 29 United flight attendants agree to pay cuts ÜBackPg I Rotterdam exec to head world ports body page 2 PEOPLE SINGAPORE Peter Madhavan has |jHjj|^f|Blß||HH been appointed an independent nonexecutive director listed air H transportation company Air Ocean Group Ltd. Mr Madhavan, who is managing partner of Madhavan Partnership, has also
      411 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      430 30 NORTH AMERICA GULF/INDIA SUB-CONTINENT I SUPER SHUTTT-E EXPRESS (SSX) IQULF KARACHI EXPRESS fQKX) ffisa vot icq wg rasa vor IA jjjyi mm m 11 ¥m} ts/io 12/11 il7il makuamami oh o*/n 07/n "00/ ii 17/11 ss ss sp: e: r.rrr„, wn M/n tt/ POP KPUOTP OttMANI 071 10/11 21/11 23/11
      430 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      51 30 4 «WORLDGATE EXPRESS UNES PTE LTD X-t-\ ll®°. Cec» Street, <16-03/04, Bangkok Bank BuMns. s-pore *****6 *****9,1 F /Chlttagong kowo 11W) Karachi s y portlouk ij/ir Bombay V ivu.^ ra CMm QOWQ «ii n rnaaras karachi/lahors 15/11 BOMBAY I .VvTS madras/bangalore 14/11 I ,i J W Calcutta POrt LOUIS MHAVA
      51 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 3
      613 30 a• lines larvic* represented by ftjHßl •*"*■»«"»*!giUryof Members of the r«vffivy Accredited Shipping Agents, Singapore Logist.cs Singapore Shipping Association Association g ULY UNE MALE f «ssa vor eta eta eta A P.KUN6 SPOtE mil Empress Uly 0802 20/11 21/11 29/11 Princess Lily 0902 06/12 07/12 15/12 Empress Lily 0902 23/12
      613 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      876 31 TO USA (SAX SERVICE) VKStI VOY SIN ETA LAX OAK DAI HOU OM COi MEM Ul NYC API HOLLAND 112E 14/11 21/11 25/11 2S/11 2S/I1 2S/11 20/11 25/11 24/11 24/11 AM. ENGLAND lI4E 20/11 07/12 07/12 07/12 07/12 07/12 00/12 07/12 09/12 09/12 AnUMADA 109E 27/11 12/12 14/12 14/12 14/12
      876 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 2
      1451 31 direct call to cmffsiiKS z:~ as Ss umamAf. 120AY5 cosui mxnch SM 4MO tilimuiim wul 0/*****/0 cowamoitti *****301/050 *****373/73 ruonrtihiik/o?3t ivii "n S/n SJII sJii f* J", m J® JJ m unix« PMK/?45* IVII 22/11 TV'I v/|| J7/11 jj/ii OUYUNM /DM 04/11 01/11 14/11 10*IttfHUIDtt/V* 14/11 71/11 Wl' Wll ggMg
      1,451 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 3
      452 31 HWSUHOM J«s7_ UUIHUM SIS I67TT 19/11 20/11 AMAIIIHUM «77 22/ II 27/11 21/11 3/1? 5/12 7/12 UUIHUM 2S2S "***** ttTTI T77W~ GMttJHUM JOM_ 2j/LL .Vl? S/l? 10/12 12/1? 14/1? UU (HUM 2S3S 30/11 VI? l«5l W 11/12 12/12 17/12 H/12 2W UUIHUM WT~ W" iW" MWS Itoic So* Wortow WUfKMtfS
      452 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      817 32 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. am. IM47HOQOOH VBSa 1 M" m i* w mi m vtssn VOT sou uS ifiT ant ham mv Tff" HI'S!?* 1 ??2 WM !?<!! 17/11 w/n asauno «/ii «*7i« 00/io S/io AH MS now 14/11 01/17 03/11 OS/12 An IRK 1001 07/10 00/10 11/10
      817 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 2
      656 32 m ha! um I INTRODUCING: NEW WEEKLY EXPRESS SERVICE Qg Wl^ MHH Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 MuiwSss im sared I ii/ii Tim 1 1 "VII 17/11 23/11 2S/11 *1/11 11/11 05/12 07/2 H/H___ll/ll 10/12 10/12 I rasa B W 10/11 29/11 04/12
      656 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 3
      659 32 m saatfAt WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPT!W6 TO ALL NORTHERN AMD WESTERN ICQ POINTS msfl VgLJW PJUAMt coto—o nswn» COUMMO I smsrtl SOISW HKH MMW tw> >w> jwbimw mm imw nmr, i/** nm ~amT~ mkpewma wmn imo» nw» MW yam ~jiiM nonmuoii oas v>*» 77mn nm wik IAJNiAMH I
      659 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      1105 33 VOY KHH HKO SIN NU PXI M> ~DMM |jj( IRAN ISFAHAN pel 255 11/11 12/11 16/11 17/11 24/11 25/11 01/12 03/12 IRAN HORMOZGAN PCI -286 18/11 19/11 23/11 24/11) 01/12 02/12 08/12 10/12 IRAN TEHRAN PCI -287 25/11 26/11 30/11 01/12 09/12 10/12 17/12 19/121 M.V. UNDAVIA KL-288 01/12 02/12
      1,105 words
    • Advertisement
      Lock icon Page 33 Advertisements Column 2
      585 33 J UK CONTINENT SERVICE I Loacfeng for I MICHAELS RDM/ATW/BMN/UK/NAN I OURANIA SMILE RDM/ATW/BMN/UK/NAN I HUA GUANG RDM/ATW/BMN/UK/NAN H I Loads Singapore. EVW. Mtteyaa. Indonesia J MIDDLE-EAST SERVICE Loading for KALMA HDO/JOH/AQAA)MT HIGHLAND LIGHT DBI/ABU/DOH/BRN/DMM/KWT LOK KIRTI DBI/ABU/DOH/BRN/DMM/KWT HABIBE ANA HDD/JDH/DMT m ANGELA HDD/JDH/AQA/DMT I MANA DBl/ABU/DOH/BRN/DMM/KWT Toads Smgapore, E7W
      585 words
    • Advertisement
      Lock icon Page 33 Advertisements Column 3
      679 33 ?2l— PG4J ynsfl AUAUATA 2 O*l7W 13/11 Si] Willi M MI -assy—sis—wt-=s= =82!=:^ SJN pj( vissa ufir —piOTtssi jaoiqo lt/ii u/fj— Sfa Ss &7T. E*r,— WPPWWH MWIW 22/n Sm~ "SttMiS Si 2 WM Ml— wpQumssi MMHQ 20/11 g/n Km Euu 8? 2#H gm IsSSa HB Sflj—%fij— yp^-, T SSL Efil
      679 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Lock icon Page 34 Advertisements Column 1
      99 34 ISkyowa line w y*y >!■ FwwIOw— Top K trtr Tmk r "1 ii, ColiforniQ Senator 950E 12/11 28/11 04/12 05/12 California Senator 950€ 12/11 10/12 19/12 20/12 22/12" 24/12 26/12 California Senator 950E 12/11 22/11 OMIT ~037TT 05/12 077T2 London Senator 953E" 19/11 28/11 04/12 05/12 London Senato~ 953E" 19/11
      99 words
    • Advertisement
      Lock icon Page 34 Advertisements Column 2
      172 34 lei CWT GLOBELINK PTE LTD r&/ WEEKLY DIRECT GROUPAGE SERVICE TO CENTRAL SOUTH AMERICA MANZANILLOIMEXICO BUENAVENTURA/COLOMBIA MONTEVIDEO/URUGUAY SANTOS/BRAZIL VALPARAISO/CHILE BUENOS AIRES/ARGENTINA For •nquirieslbookings, please call *****177 CWT GLOBELINK Tfif\ TOKO LINE »IQUlA«K0«0/C0WyiNT»0NALSi»VKI FAX: (65) 6224Sg 9, Sg?g 7 2570 TQKQSP MfAN/HOUGKONG/STIAfTS/mAW/JAKAKTA a it I q MMIMmAiT M 13 MOV iswov
      172 words
    • Advertisement
      Lock icon Page 34 Advertisements Column 3
      15 34 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTIY ON MONDAYS SHIPPING TIMES
      15 words
    • Advertisement
      Lock icon Page 34 Advertisements Column 4
      225 34 BSA j MYANMA MBk FIVE STAR UNE wssa VOT SM pu m ku CHM SHWI HAW S4 W SU> VMM* $U) IN RAUTSJA: OOUSTUD SNIPPING AGfKCKS KUI: 03-*****)40 PtL 03-*****101 PIN: 04-*****02 M BANK LINE wrkt »f A»4rtw Wtir Shippwq) VT" I northbound to eukope I CONTAMER, ROftO, BBUU I
      225 words
Page thumbnail Page 35
Page thumbnail Page 36
Page thumbnail Page 37
  • Page 37 Miscellaneous
    • Miscellaneous
      Lock icon Page 37 Miscellaneous Column 1
      127 37 ■RegionaWEATOERH&\ m LEGEND: Issued by Meteorological Services Division, K Thunderstorm Showers R a n 3 1 9 C C Wind direction and speed m Knots Cloudy Day Wea,her U >*3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds 1 Slight,
      127 words
Page thumbnail Page 38