The Business Times, 25 December 2002

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Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P) 010/03/2002 Internet http://business-times.asial .com.sg SINGAPORE WEDNESDAY, DECEMBER 25,2002 85C
    14 words
  • Article, Illustration
    Lock icon Christmas cheer fades for American retailers
    464 1 LAT-WP [LOS ANGELES] A bright sales season is all but a fanciful Christmas wish for US retailers as Americans pulled back on their holiday shopping over the weekend despite the lure of deep discounts. Retail sales over the last week fell an estimated 6
    LAT-WP; AFP  -  464 words
  • Article, Illustration
    Lock icon Segway scooter hits the jackpot at Amazon.com
    199 1 Reuters [SEATTLE] Segway LLC's Human Transporter, the self-balancing electric scooter that has kept technophUes abuzz for the last two years, ranks among the best-seUing items on Amazon.com Inc's website, the on-line retailer said on Monday. The machine wiU only be shipped beginning March
    Reuters  -  199 words
  • Article, Illustration
    Lock icon How much of S'pore's slump is statistical?
    871 1  -  It's true that an upbeat Q2 turned dismal in Q3, but numbers could seem worse than they actually are Byi Anna Teo [SINGAPORE] In the first half of the year, when the economy seemed on a roll and forecasts were being nudged up
    871 words
  • Article, Illustration
    Lock icon aspnetcentre hammered but Peter Lim still in the money
    502 1  -  Bu 1 David Boey, Serena Ng [SINGAPORE] Former remisier king Peter Lim's investment in mainboardlisted aspnetcentre Ltd has turned sour over the past few months, as the value of the IT solutions company's shares has slumped by half since their listing.
    Source: Bloomberg  -  502 words
  • Article, Illustration
    Lock icon Who's naughty, who's nice
    77 1 Santa is coming to town and he has a list of who's been naughty or nice in the business world. We've got a copy of his list. And we know who of the following have been naughty or nice: Capita Land Chartered Semicon Dayen Environmental DBS
    77 words
  • Article
    Lock icon Oei's China tie-up talks upsetting some?
    725 1  -  TUSSLE FOR MATSTEEL Report says China-based steel groups keen to forge partnerships with Nat Steel By\ Serena Ng [SINGAPORE] The countdown to the close of 98 Holdings' general offer for Nat Steel has begun, and no competing offer will emerge from tycoon Oei Hong
    725 words
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  • NEXT page
    • ON THE grapevine
      • Article, Illustration
        Lock icon Reality check
        145 2 THE Spear's Security Industry Analyst had this to say about the US-Iraq stand-off. "As we examine the scenario developing with Iraq, one thing is really clear. This isn't Kansas, nor is it 1991 anymore, Dorothy. Iraq has had many years to prepare for Act 2, and it has
        145 words
      • Article
        Lock icon Read all about it
        103 2 BATTLE-READY US troops in the Gulf will be digesting free, custom-made editions of the ancient Chinese military manual The Art of War with their Christmas dinner today. Sun Tzu's fifth-century BC classic is one of four book titles being sent to US troops overseas as part
        103 words
    • Article
      Lock icon Shares of three China web portals hit 2-year highs
      318 2 Investors banking on Q4 profit for Net Ease, Sina, Sohn Reuters SHARES for three Chinaoriented web portals soared on Monday to highs not seen since the height of the Internet boom. The surge followed the expectation they will report fourthquarter profits
      Reuters  -  318 words
    • Article
      Lock icon Sun Microsystems wins as Microsoft is ordered to carry Java
      627 2 Preliminary injunction to be in effect while case is tried or settled Reuters [WASHINGTON] Sun Microsystems Inc won a major antitrust victory against Microsoft Corp on Monday when a federal judge ordered Microsoft to distribute Sun's Java programming language in
      Reuters  -  627 words
    • Article, Illustration
      Lock icon Next year likely to see S'pore go easy on FTAs
      638 2  -  It'll be consolidating the deals made so far, especially the one with Japan, says Chnang Peck Chuang Peck Ming WHAT a year it has been for Singapore, chasing those free trade deals. It kicked ofT 2002 by sealing a pact
      638 words
    • Article
      Lock icon MARKETS
      127 2 Dsn 1»337JL9 (+2 10) ST MDEX FUTURES MMjSO (+5.60) SMSCI FUTURES 164.40 (+O.W) Wednesday Change KLSEOOMP 641.16 >156 NIKKEI 225 ****** ***** HANG SENG 9.***** 9,10 SCT INDEX mUX +OZX JAKARTA (X)MP .Closed MANILA COMP —Closed TAIPEI WPI 4.544 50 -2K27 SEOULOOMP 677.82 1.1.56 SHENZHEN B 197 42 H1.05
      127 words
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      Lock icon Page 3 Advertisements Column 1
      61 3 M'lh \M tree: A W TZ. \r\ i *fc_ JMfc- \|T~~ > decorations: $6 t-i i *3E»r presents: V f I N., t a 0 > x •<• fei r > TP N.- v vf I Mf j I the joy of giving: priceless I 4 Warm wishes from I
      61 words
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  • FOCUS airports
    • Article, Illustration
      Lock icon Dogfight over Asian skies
      1291 4  -  Asia remains the world's fastest-growing air traffic market despite the Bah blast and there's intense rivalry to enlarge airport caoacitv Meanwhile, Singapore and Bangkok are vying to be the gateway to South-east Asia, reports Justin Doebele Justin Doebele SINGAPORE'S Changi appears to have a strong hand
      Source: Forbes Global; FILE PHOTOS  -  1,291 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon NOL may gain from tighter US Customs controls
      491 5 New roles may give it an edge as it has been expanding its logistics arm Bloomberg NEPTUNE Orient Lines (NOL), AP Moeller's Maersk Sealand unit and other shipping companies that have their own logistics businesses may gain customers from new US security
      Bloomberg; AFP  -  491 words
    • Article
      Lock icon Flextronics planning more acquisitions
      508 5 It expects Asia to become its biggest market within five years Bloomberg FLEXTRONICS International Ltd, the world's largest maker of electronics for other companies, plans to increase investment and acquire more companies in Asia. Flextronics, which assembles com puters, printers, mobile phones and other devices for
      Bloomberg  -  508 words
    • Article
      Lock icon UFS' pulp mill project to help forestry dispute
      450 5  -  USsB63m deal with a China firm seen as a pins in its Indon conrt battle By Vince Chong UNITED Fiber System's bil-lion-dollar pulp mill project involving a state-backed China firm is a plus for UFS in its bid to resolve a forestry
      450 words
    • Article
      Lock icon Budget carriers — the real threat facing SIA
      719 5  - Budget carriers the real threat facing SIA lock siew ven sreenivasan MUCH speculation of the impact on Singapore Airlines has arisen from Qantas Airways' proposed investment in Air New Zealand. Under the terms of the deal, Qantas will inject NZ$55O million (***** million) into the coffers of Air NZ, which
      719 words
    • Article, Illustration
      Lock icon Bulk of CapitaLand's debt given top Moody's rating
      177 5 Bloomberg MOODY'S Investors Service said yesterday that it had assigned its top rating for the bulk of US$l2l million of debt backed by proceeds from a Capita Land Ltd residential development in Singapore. It rated US$lOl million of the highest-grade debt "AAA"
      Bloomberg; FILE PHOTO  -  177 words
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      Lock icon Page 5 Advertisements Column 1
      213 5 Which event made the most impact? America's corporate scandals Fears of war in Iraq The threat of terrorism INIOKIA IMOKIA INIOKIA 6100 7210 8810 Choose right and win a Christmas gift, with our compliments. Just tell us which news event made the most impact on the global economy this year.
      213 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      324 6 OTHER SINGAPORE INDICES Dec 24 VALUE CLOSE BTOMDS 353.00 -33.00 BTCAH -*****.00 -5.00 BT 10-day MA -*****.00 35.00 AKCMUm 346.76 +0.17 SG EqdbM Ekd 120.02 -1.01 SC Eq Flu 1187.30 +4.71 MWhlftg 310.38 j2.52 163.71 0.06 SMSCI Fatam 164.40 +0.30 Slocks Volume Ojart SemiCond 26c 9.393,000 2°c 6.090.000 KimEng0ng25c 5,734,000
      324 words
    • Article
      Lock icon Singapore dollar off five-month highs
      869 6 Most Asian units in tight ranges in thin pre-holiday trade AFP Reuters, [SINGAPORE] The Singapore dollar came off a five-month high yesterday as most Asian currencies held to tight ranges in thin pre-holi-day trade. Financial markets in the Philippines were closed for Christmas Eve, while
      AFP; Reuters,  -  869 words
    • Article, Illustration
      Lock icon Any chance now of a year-end rally?
      809 6  -  l I comment STOCKS With huge risks, should one boy stocks in the first place? r. sivanithy WILL history repeat itself in the final days of 2002? It's an intriguing question worth pondering, considering that the situation today is very similar to that
      809 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3176 6 UNIT TRUSTS FUNDS CoMMnbmii ng| Com Global Finance index Fd 0.713/ AMI Amro Asset Mgt (S pore) C"" «°b»j Fd 0 824/ Star Europe Eqty!" 0 582/ n Health Index Fd 0.77/ Star Europe Bd 1 127/ Com Global Telecom Index Fd 0.418/ Star Europe Bal 0 832/ Com Global
    3,176 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Shop space rente seen sliding further
      412 7  -  Knight Frank's projection for next 3-6 months follows 4th quarter fallg in prime space rentals By. Kalpana Rashiwala KNIGHT Frank expects retail rents to continue falling in the next three to six months after fourth quarter average gross monthly rents for prime shop space
      ARTHUR LEE  -  412 words
    • Article
      Lock icon Dell Computer targets S'pore consumers with ad blitz
      487 7 It spent $12.6 m on ads for first 9 months of 2002 Bloomberg [SINGAPORE] Dell Computer Corp, the world's biggest personal-computer maker, has increased advertising in Singapore about eightfold this year as it targets more consumers in its drive to increase sales
      Bloomberg  -  487 words
    • Article, Illustration
      Lock icon Nov factory production seen rising 7.1%
      309 7 on the economy industrial production Bloomberg SINGAPORE'S industrial production probably rose for an eighth month as the island's manufacturers sold more computer chips and pharmaceuticals overseas. Production probably expanded 7.1 per cent from a year ago after rising 10.7 per cent in October, according
      Bloomberg  -  309 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      176 7 Where to wine, dine and entertain... a World of Exclusive Privileges Treats ■g—— l Y~ I V K 4 M Get Into the groove with MUSIC M direct from the Philippines! They wtil seduce you with classic favourites right to the latest grooves! Experience MUSIC M Q! PwtonnancM ntghfty at
      176 words
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      Lock icon Page 7 Advertisements Column 2
      54 7 With FREE Choice of One Coflee/lea/Sofc Drinks or Chin Chow HAINANESE CHICKEN RICE NASI GORENG ISTIMEWA CHICKEN CURRY CANTONESE BEEF HOR WESTERN SET It's Dal|n^H MurC" 54.00 netl each JugC<> $15.00 nelt eadi HBM| (tut For enquiries, call us at 6430 4119 218 Queen Street. Singapore *****7 Tet: 6332 2222
      54 words
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      Lock icon Page 7 Advertisements Column 3
      99 7 Wrap up the year In style as we embrace Year 2003. ST. GREGORY'S BRASSERIE COURTYARD International Lunch Buffet $25 per adult. $14 per child Seafood Candlettght Dinner Dance $68 per adult. $38 per child HUA YUEN CHINESE RESTU ARANT 68-Coune A U Carte Buffet Lunch: $36.80 per adult. $20 per
      99 words
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      Lock icon Page 7 Advertisements Column 4
      28 7 f etfjve Jpeoi/i f P¥7l tnufjcd temvura, tori "Karaoke. ieef roll, cAicfen salad. fried salmon fillet, H&mabofg. tsuuyoifafi. (Tat along with Safe V .ji $9.00 per bottU kkot(im:62S3-0777
      28 words
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      Lock icon Page 7 Advertisements Column 5
      57 7 Sunset Rendezvous Dine in the glittering beauty of the golden sunset with our Sunset Menu! $45 per person jSE availakle6.3opm-7.30pm CI2 Revolvtuf KniMrMt )«Clt floor Reservations: 6831 6258/88 L Mandarin QQ Singapore mm *s 333 Orchard Road. Singapore *****7. Tel: 6737 4411 Fax: 6732 2361 i gRHIB For RaMtvoMoa 6224
      57 words
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  • SANTA'S watching
    • Article, Illustration
      Lock icon So be good, for goodness' sake
      2997 8 Santa Claus is coming to town (so will he, or won't he?) WHO: OEI HONG LEONG Naughty or nioe: The Indonesian tycoon certainly knew how to keep the market on tenterhooks this year. His high-profile comeback on the Singapore corporate scene had him hogging
      2,997 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Bulogate minister gets 2-year jail sentence
      536 10 JAKARTA He is also fined 50m rupi&h and ordered to repay 400 m rnpiah to the state AFP FORMER Indonesian trade minister Rahardi Ramelan was yesterday found guilty of corruption in the so-called "Bulogate" scandal and sentenced to two years in prison. Ramelan, 62,
      AFP  -  536 words
    • Article
      Lock icon Mahathir says IMF will have no say in ringgit peg decisions
      229 10 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad yesterday said any decision affecting the ringgit peg will not depend on input from the International Monetary Fund (IMF). "That (flexibility issue) seems to be bothering the IMF. I think they
      AFP  -  229 words
    • Article
      Lock icon Energy firms uncover big India gas fields
      728 10 HYDERABAD Discoveries seen to reduce India's need for external gas supplies TWO energy companies recently found big natural gas fields off India's south-eastern coast, discoveries that could affect energy markets and perhaps even the military and political balance of power in southern Asia,
      728 words
    • Article
      Lock icon BOT seizes control of finance company
      333 10  -  Its charging firm's executives for falsifying accounts From\ Harish Mehta in Bangkok THE Bank of Thailand (BOT) has seized control of a housing finance company saddled with bad debts after it discovered the firm had falsified accounts and failed to raise its capital as
      333 words
    • Article
      Lock icon Nat'l Front members in Pedra Branca protest
      198 10 KUALA LUMPUR AP ABOUT 50 members of the National Front ruling coalition demonstrated outside Singapore's embassy in Kuala Lumpur yesterday, after Prime Minister Mahathir Mohamad accused the Republic of stirring up problems by reportedly building on a tiny island claimed by both countries.
      AP  -  198 words
    • Article
      Lock icon Strike by Philippine Long Distance workers
      134 10 MANILA Bloomberg PHILIPPINE Long Distance Telephone Co workers went on strike to protest the firings of telephone operators and other employees, said Pete Pinlac, the union's president. About half of the workers at the nation's largest phone company walked off the job last night
      Bloomberg  -  134 words
    • NOTE Book
      • Article
        Lock icon CAL makes US$2b Boeing order
        65 10 Reuters [SEATTLE] The Boeing Co, the world's No 1 plane maker, said yesterday that Taiwan's largest air carrier, China Airlines, ordered 10 of its 8747-400 aircraft worth approximately US$2 billion. Boeing said the order was its largest this year for the 8747-400. Earlier yesterday, European
        Reuters  -  65 words
      • Article
        Lock icon Indon police return duo's passports
        87 10 Bloomberg [Jakarta] Indonesian police yesterday returned the passports of two Indian businessman whose arrest had sparked a diplomatic protest. Polaris Software Lab Ltd chief executive officer Arun Jain and senior vice-president Rajiv Malhotra will return to India soon, the company said in a statement The
        Bloomberg  -  87 words
      • Article
        Lock icon China carmakers post 57% profit hike
        62 10 Bloomberg [BEIJING] China's 15 major carmakers, including First Automotive Works Corp, Dongfeng Motors Corp, and Shanghai Automotive Industry Corp, reported a 57 per cent rise in combined profit for January-November on higher car demand. The carmakers'combined profit rose to 19.2 billion yuan (Bs4 billion),
        Bloomberg  -  62 words
      • Article
        Lock icon Strong China demand for Anhui stock
        70 10 Bloomberg [SHANGHAI] Anhui Expressway Co, a Hong Kong-listed Chinese company preparing to sell shares for the first time in the mainland, attracted orders equal to 358 times the stock available, arranger Guotai Junan Securities Co said. Demand was high partly because the stock is
        Bloomberg  -  70 words
      • Article
        Lock icon Taipei plans NT$56.5b sale of assets
        77 10 Bloomberg [TAIPEIJ Taiwan plans to raise NT556.5 billion (512.8 billion) next year from selling stakes in Chinese Petroleum Corp, China Steel Corp, and three other companies, Vice-Finance Minister Susan Chang said in a statement to parliament. The sales are aimed at reducing budget deficits.
        Bloomberg  -  77 words
    • Article, Illustration
      Lock icon Indian federal, state govts aim for 8% growth
      509 11 NEWDELHI Planning Commission suggests yearly target nntil 2007 AFP INDIA'S federal and state governments have agreed to set an 8 per cent economic growth target every year until 2007 on the recommendation of the country's top think-tank. India's Planning Commission said on
      AFP  -  509 words
    • Article, Illustration
      Lock icon Tax-dodging actress' properties to be sold
      306 11 AFP, Reuters [BEIJING] Nineteen houses and apartments belonging to Liu Xiaoqing, one of China's leading actresses and now a tax-fraud convict, will be auctioned off early next month, state media said on Monday. The dwellings, 15 of which are in Beijing, will be sold
      AFP,; Reuters  -  306 words
    • Article
      Lock icon Chi Mei to spend NT$30b next year to expand output
      378 11 TAINAN, Taiwan It will start production from sth generation plant Bloomberg CHI Mei Optoelectronics Corp, Taiwan's second-larg-est maker of flat-panel displays used in personal computers, said it plans to triple spending next year to expand and upgrade production. The company,
      Bloomberg  -  378 words
    • Article
      Lock icon China targets 7% foreign trade growth
      259 11 BEIJING Next year's goal is down from 21% so far this year AFP CHINA is targeting 7 per cent growth in its foreign trade next year, down from an increase of 21 per cent so far this year, state media said yesterday. The modest
      AFP  -  259 words
  • Article, Illustration
    Lock icon FINANCE
    1020 10 Transaction date: Dec 24 PtTERBAMK CROSS RATES 5 *»>J» t»ta> r-Ww Wj«$Ntt»N«0 SS ttmt Sfr WS *tt E—* 0Sn ***** 0J48 4J86 2MW *>.063 0177 1752 2.137 1191 32.830 30.M5 0.978 4.938 0.798 ***** 24.170 0J53 0.562 n tl! 5 025 30 ,28 ***** ***** 7 737 2 449
    1,020 words
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      Lock icon Page 11 Advertisements Column 1
      45 11 WMM j^| hi i hi' In today's highly competitive business world, key decision-makers need business intelligence to make better decisions, not just snapshots of news. That's why they rely on The Business Times. To reach exclusively the people who matter, call 1800-*****82 to advertise. ,!,S«chlc*7elS
      45 words
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  • REGION world
    • Article, Illustration
      Lock icon Analysts see bull market in 2003
      630 12 NEW YORK Better earnings, economic recovery, low interest rates seen lifting stocks AP INVESTORS depressed by three years of losses on Wall Street might take heart in what some analysts are expecting in 2003: A return of the bull. With positive reports on earnings
      AP; Source: Bloomberg  -  630 words
    • Article
      Lock icon HK-China border crossing links to be extended
      260 12 HONG KONG AP HONG KONG and China will jointly build a new cross-border bridge linking the two sides, and will soon extend the opening hours of one crossing to 24 hours a day to ease congestion, officials said yesterday. Many business groups have
      AP  -  260 words
    • Article
      Lock icon No criminal charges against Global, execs
      528 12 LOS ANGELES Prosecutors unable to bnild enough evidence: sources LAT-WP FEDERAL prosecutors have decided not to file criminal charges against Global Crossing Ltd, chairman Gary Winnick or any of its other executives over the company's aggressive accounting practices or alleged document destruction, sources close
      LAT-WP  -  528 words
    • Article
      Lock icon Indosat workers stage protest over stake sale
      193 12 JAKARTA Bloomberg ABOUT 600 PT Indonesian Satellite Corp (Indosat) employees staged a protest yesterday over the sale of 42 per cent of the country's second biggest phone company to a Singapore governmentlinked company, a union official said. SP Indosat, the company's labour union,
      Bloomberg  -  193 words
  • Article
    Lock icon COMMODITIES
    1474 12 SI CO II ruTllnES Dec 23 RUB8ER Futures (Closing prices) RSS1 (l cents/lug) Close Volume Ohm H» U, Srtt (tomes) lirt SS J" 03 147.50 Fe6 03 147.75 Mar 03 148.00 Apr/Jun«3 150.00 RSS 3 (US centsAq) VoluiM Open towtl> Hljti Lo» Sett (tonnes) Interest J" 03 82J5 8*50
    1,474 words
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  • WORLD news
    • Article, Illustration
      Lock icon BOJ looks set to adopt formal inflation target
      517 13  -  Govt ministers want BOJ to state its intention to pnt an end to deflation From Anthony Rowley in Tokyo THE probability of the Bank of Japan being forced to adopt a formal inflation target became a near certainty yesterday as two government
      REUTERS FILE PHOTO  -  517 words
    • Article
      Lock icon Clifford Chance scraps US billing targets
      328 13 LONDON CLIFFORD Chance, the world's biggest law firm, has scrapped its heavily criticised annual billing targets for US lawyers, the Financial Times reported. The firm has ditched the requirement that its US lawyers bill at least 2,420 hours a year in a bid to
      328 words
    • Article, Illustration
      Lock icon Seoul stocks hit 5-week low on N Korea tensions
      389 13 WAR JITTERS US warns Pyongyang not to capitalise on Iraq to press nuclear plans Reuters [SEOUL) South Korean shares closed at a five-week low yesterday, with tensions over North Korea's nuclear arms programme and the risk of a looming war in
      Reuters  -  389 words
    • Article
      Lock icon Bush asked to release oil from US reserve
      387 13 Reuters [WASHINGTON] As oil prices soared to a two-year high on Iraq war fears and dwindling Venezuela supplies on Monday, a senior House Republican asked the Bush administration to release crude oil from the nation's Strategic Petroleum Reserve. Two large US refineries
      Reuters  -  387 words
    • Article, Illustration
      Lock icon Frenzied options trading behind gold's surge
      472 14  -  Precious metals firms rnshed to cover positions when gold crept past steady range From Neil Behrmann in London AT first glance, gold strengthened in the past week because of the weaker US dollar, fears of war in Iraq, concern over North Korea, and publicity
      Source: Reuters  -  472 words
    • Article
      Lock icon ABN Amro awards US$1.3b IT deal
      117 14 AMSTERDAM Bloomberg ABN Amro Holding NV, the biggest Dutch bank, has awarded a US$l.3 billion contract to Electronic Data Systems Corp to manage computer systems for its corporate and investment banking unit to reduce costs. The contract, which will run for five years, concludes
      Bloomberg  -  117 words
    • Article
      Lock icon BOA to set aside US$1.2b in Q4 for bad loans
      321 14 CHARLOTTE Write-offs include airline credits and loans to utilities Bloomberg BANK of America Corp (BOA) will set aside US$l.2 billion in the fourth quarter for bad loans, more than analysts expected, following the bankruptcy of an airline that investors identified
      Bloomberg  -  321 words
    • Article, Illustration
      Lock icon 2 Coke bottlers in Latin America to merge in US$2.7b deal
      523 14 MEXICO CITY NYT TWO of Coca-Cola's biggest bottlers in Latin America will merge in a US$2.7 billion deal, in a move aimed at increasing sales in one of Coke's most important regions. Coca-Cola Femsa said on Monday that it
      NYT  -  523 words
    • Article
      Lock icon 'Explosive' JP Morgan e-mail to get airing in court
      338 14 NEW YORK AP A FEDERAL judge has ruled that "explosive" e-mail messages about JP Morgan Chase and Co's oil deals with Enron could be shown to a jury in a US$l.l billion lawsuit over who should pay for the failed financial
      AP  -  338 words
    • Article, Illustration
      Lock icon Bequest for Finnish village
      656 15 Onni Nurmi, who could not forget his unassuming birthplace, Pukkila, left it his Nokia shares NYT OFF the highway, 97km north of Helsinki, the country road that leads to Pukkila does not even merit the standardissue moose fence that protects Finnish drivers from the main traffic
      NYT  -  656 words
  • Article
    Lock icon STOCKS ASIA
    4596 13 Transaction date: Dec 24 for more, go to iwirwxisiaonenTnarketsxxmi I HONG KONG v«i hkrmi mi -ooi 219 "P iw Hong Kong Electric .29 65 unch 835 Hongkong Chinese. 0.59 unch 100 5336 Hongkong Chinese Ltd 0.59 unch 100 AnandaWmgOn,, .0® ,nd, ***** Hopewell Holdings 5-25 -0.10 268 lif
    4,596 words
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  • Article
    Lock icon KLSE
    2225 14 Transaction date: Dec 24 H KUALA LUMPUR fr#** .3.52 una> 0 Vol R«M 178 004 4 RM rooo) FW Industries .0.16 urxti o Gadang .0.90 unch 0 A A M Realty .0.81 unch 20 Gamuda 570 020 222 Abric 1.01 -0.01 10 GanadCorp j0.78 008 18 A CP Industries
    2,225 words
  • Article
    Lock icon SGX
    724 14 Transaction date: Dec 24 H—^E—^Hli_J5*5!E__JE__55!_2!5P J MO ♦0*60 MrtMUt 049 2*70 -0*10 Capitatand 1.11 1JK) OC1C 927 9 500 ♦OOSO 24c 0*4 0730 OU€ 0 54 5*50 *0050 St®"'* M» -ft 100 Pvtnway H 25c 0J6 0.750 Cpm»w»T25c 070 ***** 4X100 iGXU 097 1.190 -OOIO OKGrp 14.10 ***** **100
    724 words
  • Article
    Lock icon BONDS & WARRANTS
    481 14 BONDS WARRANTS Cam bur 'oC tearr Ml ««>- flB* 0B0» W H U> AST1W*****1 175 1 16 168 0.71 It Aana Ltd W*****6 13 1 SO 692 433 23 Amtek W*****0 JO undi 10 1 33 147 30 Armstrong 1MM0520 1.5 1 10 130 333 17 Bar6XSA*****1 10k Bar6 5%jB*****1
    481 words
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  • Article
    Lock icon SGX MAINBOARD
    3452 15 Transaction date: Dec 24 for live prices, log on to umwxisiaonemarketsjcom iU 0»» La* Quote GrOhf H» GrYVt Net MO» "f L Cl "T" l j w- COM! nmi U, na, Cw P« 13 ABNAmroMLG 56c 9 12 14 UK, 205 1 ACE Dynamia2Qc 9.5 9 10 07
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  • Article
    Lock icon SGX XTRANET
    47 15 SI fSL mT 1 g*R M» fift* MC« 1 CW» U» —Wr Cw m >3 10»0 R Dtamondi U5„3ari 6 130 m 2700 RDJUST«dl USJ740 575 555 l5M505pore USS55al "WO COO ISSW500 iiamn ***** <2*0 STOWS USKaOnl SISl&r- !2, 3* 0 1400 ,400 1400 ,4,0
    47 words
  • Article
    Lock icon SGX SESDAQ
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  • Article
    Lock icon CLOB INTERNATIONAL
    289 15 UN M Day LaMQaot* CrOW Mr GftH MM tCm r 5d» cwm m+ L— m*m i+m Cm PK $3 m A93 91 935 40 3.4 108 5.4 XXI Othay Pac 20c HK720 26$ 2 1 7 4 6 *****2 Owing KongSOc HK17*0 240 SJ &7 3 *****5 55
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  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      220 15 CRVFTIC CROSSWORD He to put a ban on spirits (8) 27 2Sl^/2 BaniBBd ,0f 3 7 F°°d for Dad's Army? (5) 28 for a hte d\ 8 VolBrS ChOOSe to Speak (10) YESTERDAY'S SOLUTION oo 9 B«ng rich, we shal have to 29 Get out of doing something (4 2
      220 words
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  • BT motoring
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      Lock icon A Christmas car-ol
      1631 16  -  th t efl agfor their companies in what is the world's fastest growing automobile market But how do these European car chiefs celebrate their traditional year-end holidays in Asia? And what are they hoping for this Christmas? Samuel Ee finds out Samuel Ee BIRGIT MAIER Managing Director,
      CHRIS LOH; ARTHUR LEE  -  1,631 words
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  • SHIPPING TIMES
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      Lock icon DAILY FREIGHT
      263 17 Reuters THE Baltic Dry Index rose 2 points to 1739, the Baltic Capesize Index rose 6 points to 2380, the Baltic Panamax Index rose 5 points to 1729 and the Baltic Handymax Index fell 50 points to 9963. TIME-CHARTER: Lacerta (built) 1994 ***** dwt delivery passage Passero 30
      Reuters  -  263 words
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      Lock icon MARITIME STOCKS
      260 17 SCX '000 0*24 St W unch 0 Chuan Hup 0.44 unch 1369 Coseo Investment 0.19 unch 10 Freight Links 0.03 unch 38 GB Holdings 0.62 unch 0 Jay* Holdings 0.23 unch 155 KeppeiCorp 3.72 -0.04 855 Keppel Marine 0.16 unch 0 Keppel Tele 0.72 0.01 23 Labroy Mertne
      260 words
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      Lock icon 2002 – the year in which security becomes top priority
      868 17  - 2002 the year in which security becomes top priority STRAIT TALK -By] David Hughes THERE have been some surprises this year for the maritime industries, mainly unpleasant ones and most notably the furore over the Prestige sinking. One thing, however, did run its course exactly as expected. We now have
      US CUSTOMS SERVICE  -  868 words
    • Article
      Lock icon Weather provides more relief to Spain's hard-hit coast
      563 17 Strong winds pushing vast oil slick farther away from shore AFP [LA CORUNA, Spain] A second day of strong southerly winds provided more muchneeded respite on Monday for Spain's ravaged northwestern coastline, pushing a giant oil slick from the sunken oil tanker
      AFP  -  563 words
    • Article
      Lock icon Ships to give way to Canada's endangered whales
      268 17 AP [HALIFAX, Nova Scotia] Ships and tankers navigating Canada's Bay of Fundy will have to change their shipping routes next summer to avoid an area favoured by endangered North Atlantic right whales. The International Maritime Organization has approved a Canadian proposal to
      AP  -  268 words
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      Lock icon SHIPPING SCHEDULES INDEX
      205 18 PAGE Avant 7 B'tang Mas 5 BSA 6 BSC 7 BTL 7 CMACGM 3 COSCO 3 Central Ex 4 Chahaya 7 Charter Shpg 7 China Shpg 5 Confer 7 4 Cougar 5 CWT Globelink ...6 Delmas 4 Dongnama 3 EP Carriers 7 ECL 3 Eng Lee 7
      205 words
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      Lock icon SHIPPING GUIDE
      10903 22 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN OMfn Nan* Nam* Number Number SIN Desfn Name Name Number Number 05/01 22/01 NYK BUNGA PELANGI 32W52 ********** TO ABIDJAN (ABJ) 2003 Cota D'lvoire 07/01 27/01 CMA COM CITY or LONOON 9053 *****57(00
      10,903 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        532 25 Ves>e Voy Wo Berth Arrival Departure JURONG PORT FU TIAN 208 J23 A/SIDE 25/12 0600 GOLDENMULIA JB1203 J12 A/SIDE 25/12 0200 ISA PUTRA 08/02 J24 A/SIDE 25/12 1 500 KIMTRANSMEGA KM013S J17 A/SIDE 25/12 0600 KM 2328 SP44 J17 A/SIDE 25/12 1 500 LABROY 158 EBLS28 J2 A/SIDE
        532 words
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        Lock icon CONTAINER SCHEDULES
        2014 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth 0 Name V °y Vo bathing Nmbf 0 A P MOELLER 0302 0302 t *****0Q2Q200 27/12Q0IP-IHB 0 ACXULAC 047N 047N 1 2802/2002 1500 29*********** 0 AKINADABR OK 056 1_ 2V12/2002 IftOO 2602/2002 1500 TO2 0 MWW*~
        2,014 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        397 25 Carta* 180 Mm 990.4 0.4 15.7 0X15 55 0 03 W PwritT «rtar IwMw TlMaut No above E25 0 0 1 0 0 0 360 Aw 985J 01 132 0.05 29 0.02 MAM «in 380 WL3 0.7 17.6 0.09 76 0.04 =H2 %w %W %l Ho
        397 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        116 25 Dec 25 Australia: Christmas Day. Belgium: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. France: Christmas Day. Germany: Christmas Day. Hong Kong: Christmas Day. Indonesia: Christmas Day. Italy: Christmas Day. Malaysia: Christmas Day. New Zealand: Christmas Day. Norway: Christmas Day. Philippines: Christmas Day. Singapore: Christmas Day. South Korea:
        116 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        793 25 THIS report, compiled by Cockefl 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 sixed stem Market movements are indicated The Cockett Bunker Price Index change and
        793 words
    • AIR & LAND transport
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        Lock icon Ukrainian plane crashes in Iran, all 46 aboard dead
        494 26 Passengers were Ukrainian aircraft industry officials flying to Iran to test new plane Reuters [TEHERAN] A Ukrainian passenger plane carrying aerospace experts crashed in Iran on Monday, killing all 46 people on board, the Iranian transport minister said. Iranian television said*
        Reuters; AFP FILE PHOTO  -  494 words
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        Lock icon American Airlines chief sees recovery next year
        389 26 Reuters [DALLAS] In a rare bit of optimism, the chairman of American Airlines, a division of AMR Corp, said he sees the financially troubled carrier turning the corner next year through cost cutting and sticking to a recovery path. "By working together, I'm
        Reuters  -  389 words
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        Lock icon Worldwide air traffic up 2% this year
        221 26 Airlines in Asia, Middle East enjoy strongest growth Reuters [MONTREAL] Scheduled air traffic rose 2 per cent worldwide in 2002 but airlines continued to struggle because that is still 2 to 3 per cent below 2000 levels, the International Civil Aviation Organization said.
        Reuters  -  221 words
      • Article
        Lock icon US Senate panel sets hearing on airline industry
        255 26 Issues of structure, long-term viability to be brought up Reuters [WASHINGTON] The US Senate Commerce Committee said on Monday it had scheduled a hearing for early next month on the structure of the airline industry and its long-term viability. Witnesses for the
        Reuters  -  255 words
      • LOG Book
        • Article
          Lock icon S Korean airlines get insurance aid
          84 26 Bloomberg [SEOUL] South Korea will extend insurance aid to Korean Air and Asiana Airlines by another six months to cover the country's two carriers for war risks. The government will help cover as much as US$l.5 billion in third-party liabilities until June 30, 2003,
          Bloomberg  -  84 words
        • Article
          Lock icon Suriname airline seeks expansion
          134 26 AFP [PARAMARIBO] Suriname's SLM national airline plans to double its fleet early next year by renting a second airliner to expand its routes through the Caribbean, general manager Robby Lachmisingh said on Monday. SLM plans to rent a six-year-old MD-82 from Pegasus Corporation, a US company,
          AFP  -  134 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1927 26 on mm ta wail o> *2457$ mso vm zjm *MM> W9T71 MM ***** 2245 LHT79 2359 M2M 1850 M7306 M25 ****** 2359 ttrtaa $023 0635 (l(M 23M *1 JHf* W S49T5 0615 »M 2145 ft*06* WW IMS WW —> CMimlw. ***** WO C2352 0635 *■mm untn
        1,927 words
      • Article, Illustration
        Lock icon Magnetic feat
        61 26 [SHANGHAI] The Shanghai Maglev Transportation Development Company tests the world's first passenger train that uses magnets to propel it at Shanghai's new international airport. The German-made train will run on a 66-km S-shaped link between Shanghai and its new international airport using magnetic levitation, starting in late 2003.
        REUTERS  -  61 words
      • Article
        Lock icon EVA's sales in Nov up 43%
        262 26 Robust cargo business, cost-catting boost gains Reuters [TAIPEI] EVA Airways, Taiwan's sec-ond-largest carrier, posted a 43 per cent rise in November sales yesterday on increased cargo traffic, recovering from the island's worst recession and last year's Sept 11 attacks. EVA, which has raised 2002
        Reuters  -  262 words
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      3 17 air traffic up
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      52 17 For advwHalng/Mtacrtpttom, call Bernard Ong: 6319 1645, Jarrod Leong: 6319 2089 Far editorial matters/special features: Betti Jinks: 6319 5214, George Joseph: 6319 5772 Donald Urquhart 6319 5197 Fax: 6319 8281 MarfcetlnaAiaWc. D Surendran: 6319 2109, Main Singapore Preea Holdings Una: 6319 6319, Fax: 6319 8197/6319 8188 e-mali: MshlpOcyberway.com.sg Internet http:
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      784 18 The Business Times 1 Hffr Shipping Times t /i **vC yf jja wisK oil our advertisers and supporters a jJoyous CKHstmas and a kappy and prosperous ew v«»- o I TO USA/CANADA 1 I EXPORT 1 1 OTHER DESTINATIONS 1 Ivesa I vor Inc Ira SW*] tows KAOI IpmASIHOUSTOW [■Hrwsloiaco
      784 words
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      660 18 Lines services represented by Members of Ihe Registry of f Members of (he |felj Accredrted Agenh, Sin9 P f Singapore Slipping Associahon Association g ULY UNE MALE f vtssa vor n* iu ra A r.KiAMG SfOtf jMjf Princess Lily 0103 08/01 09/01 17/01 Empress Uiy 0103 23/01 24/01 01/02 Princess
      660 words
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      924 19 TO EUROPE FROM EUROPE VOY a Gff lIM W jMM MV SOU uh VB» VOT RIM MOl NMI MV SOU IM SH 105W 20/12 15/01 17/0113/01 HYUNMI MOMS MS 07/17 Of/12 11/12 05/12 »A HOIHTH3BTY 011W 27/12 M/ 01 13/01 IS/01 17/01 11/01 MOl PROMS 00X10/12 12/12 13/12 14/12 31/1
      924 words
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      Lock icon Page 19 Advertisements Column 2
      1735 19 I DIRECT CALL TO C#W 4MB I ™ZT" Js"*'® «g» ggjj/j I BMMtAMM- 12OASTS MM »ns»i/7i I ££mm/mk Sf/U wu SJc, BMU[U M WHnimr™ £J£ «o w, m HMWMBimNI/ns 79/17 I I mKMH/9t7m 71/17 74/17 7V17 77/17 rZS™" W/1? 01/01 04/01 07/01 WH asoMMv/ami 71/17" n/,,w ~/M ,v w» 30/12
      1,735 words
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      1068 20 HYUNDAI MERCHANT MARINE CO., LTD. VBSa mm m aw hm hv Ivnsa vot sou uh mi ant ham wv TT AftAGATI MOW 11/12 29/12 JI/1J 07/01 mTmNMY 0101 77/11 73/11 11/11 n/ll i»7ii OMVAUK «5W 13/17 43/01 30/11 01/01 MM MOU 1041 M/ll «/U 11/11 !tmt M/( IT mWßmm 3111
      1,068 words
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      923 20 WAN HAI UNES (S) PTE LTD aHa **********00 \JvT\WAN HAI LINES V v MBOhi# mw—fßßßilWfcWa—lHWH I hiito ML iw®i»m MEni) vr*r, nul «o xmm/ wi *5 1 www.waaiMi.cMLM ■>a.ini)nMMiNUL-ißi)tß«nifua.'ntM/7i«si nuintDf I -n ~l |M "M 111 l Mil I II tI|4IMTW J4I4TW "Sr"fir ~sHr ~fr~mT ~mT IaMUMMM aw »n/i! wii
      923 words
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      457 20 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO AU. NORTHERN AND WESTERN ICQ POWTS ffiM wr sm nunc com—on. snp> coummo jflttfawm Tw»i3 nok ?SDK nx HJM «MWCM 033S 31 OK 01 Mil IS Ml MIM ||jm mwttfPM W» It Ml Mm 1)1)1 |)I||~ tM< nsmsiti soiTW him is mi him
      457 words
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      2008 21 IVfSSHl Vf$SH VOT I KHH I HKO I SW Ptt DXS I Ml DMM SIX Pa 29l 14/12 25/12 28/12 29/12 05/01/03 06/01/03 12/01/03 14/01/03 ■AN TEHRAN PCI 291 31/12 01/01 04/01 05/01 12/01 13/01 19/01 21/01 M.VINMM PCI 293 07/01 08/01 11/01 12/01 19/01 20/01 26/01 28/01 KL 294
      2,008 words
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      489 22 I gKYOWA LINE jjjl ¥»y \Pwm■ Ja—J Hmf. I. Potmoi Senotof 945E" 31/12 09/01 15/0) 16/01 Potmos Senator 945E" 31/12 18/01 OMU 28/01 30/01 01/02 Potmos Senotor 945E" 31/12 ~20/01 nT7fV? IBNSina 947E 07/01 18/01 OMIT 28/01 30/01 01/09 IBN Sino 947E 07/01 23/01 ss/6l "WOl -ibLSips ,94ZE_ jjZM l20?Ql
      489 words
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      279 22 CWT GLOBELINK PTE LTD W OWN OfFKtS IN TEL:*****833 (36 LINES) FAX:*****742 IM SYDNCY-MfLBOUKNt PINANG POM KEIANG PASIB GUDANG KUCHING BANGKOK KAKACHI-BOUBAY Wf W DELHI COLOMBO HO CHI MINH CITY HAIPHONG HANOI BPE Ml N HAMBUPG TIANJIN QINGDAO SHANGHAI XIAMEN fUZHOU DALIAN XIAN BEIJINGiHI lIA ZHUANG DIRECT SAILING TO EASTISOUTH
      279 words
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      242 22 I BSA MYANMA ÜBk F,VE STAR UNE vcsa vot sm w kn rm OM SMWEHAW S4W SID MGAM V3OOW a* M NAIATSIA: KXJSUAD SNIPfIMC AGE NOES UL 03-*****)00 «L 03-*****101 PBt 04-*****02 M BANK line (**•"""*< A«*tw W»tr Sfcfrftf) VF NormaouND to eukopT" V COMMER. ftORO, MUU( t HUVTUFTS wssa
      242 words
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  • Page 24 Advertisements
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      629 24 rami lllMjlMMlll I SHANGHAI EXP 04» 0700/01 RIS/O I raamofif m» m 04/01 1012/01 1711/01 Ima stun oaah o/woi uit/oi ?ijvoi I 1160 sn 04SN 10-11/01 17 If/01 7475/01 IVPSa VOT si CAL SM raamon 5M vfiTi? wWoi u 14/01 MW» 414 30-31/17 07-09/01 10-19/01 JWSAJf 121 0404/01 13-14/01 7173/01
      629 words
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      786 24 IVISMIKAW VOT SMGAPOCF PORT KHANG OffTTAGONG nONGU ffA FTP FTA HP tTA FTP Q(II0II0W 0m057 Ftl 27/12 2R/I2 21/12 01/01 >5/01 I I I 13/01 >7/91 W/Ql u/,7 Q(WGII TT 54 TW 31/12 >1/01 >!/>! >4/01 »/>! 1 o{Ul ™«R «/oi w/>i 00/oi m/» ii/>i |TW 07/01 «/>! M/>1 U/>1
      786 words
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      1041 24 I /dz |PDZ LINES I «swn~ tni w/n Giswa my w/n cwoa mmi n/u Isr inir fl/!! ISHL- -fgtjg- mat —ISC -SgGB4ANG AG Ml W/ll GBWn $1 Ml OS/01 GISOON SN Ml 07/ TiCS" "TTST ,/m, J g f*s JJ|w«|«»lU/.l|Sy|»MJ,/„|auM, g^nkaßr-TO-I^H^gl^-g-LUIKIiLMIUIIHiLi^EBSSSinQZQHZEQEffiHDZSBSB «ua* mn_ 29/12 gkoonmo 25/12 Gwoa wmi 07/01 aMoaT«Mi
      1,041 words
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  • Page 25 Miscellaneous
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      Lock icon Page 25 Miscellaneous Column 1
      127 25 HfREGIONAL^r^THER^^^Hfck\' FOR 7 AM 25 DEC 2002 LEGEND: Issued by Meteorological Services Division, NEA Thunderstorm Showers Rain Wind direction and speed in knots Cloudy Day Weather w c>c3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j Sll 9
      127 words
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