The Business Times, 7 January 2003

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Microfilm: NL24932
Total Pages: 26
1 26 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES internet http://business-times.asial .com.sg SINGAPO RE TUESDAY, JANUARY 7, 2003 MfTA (P) 010/03/2002
    15 words
  • Article
    Lock icon Oei Hong Leong turns up the heat on NatSteel board
    744 1  -  98 steps up bid to §st shareholders to withdraw acceptances and sell on market By Catherine Ong {SINGAPORE] As the battle for Nat Steel Ltd draws to an end, Indonesia-born tycoon Oei Hong Leong has turned the heat on the
    744 words
  • Article, Illustration
    Lock icon NOL chief executive quits with immediate effect
    813 1  -  The exec committee of NOL board will ran the group till a new CEO is named By' Wong Wei Kong [SINGAPORE] Neptune Orient Lines last night announced the immediate departure of its president and chief executive Flemming Jacobs some four months after denying
    FILE PHOTO  -  813 words
  • Article
    Lock icon MARKETS
    67 1 ST1 1,331.62 (-8.31) ST INDEX nmiREs 1,333.00 (-10.00) SIMSCI FUTURES 162.90 (-1.60) Monday ('h&ngp KLSECOMP C7-* 4.61 NIKKEI HANGSENG _Me* -Will SET INDEX SW 15 -fijra JAKARTA OJMP JMJa 9i7 MANILA COUP .UlUfl? .XS7 TAira WPI CMS* >*3M SEDULCDMP «M7I *11 SHENZHEN B AINT ALLOW AfHAMO ID ID BOMBAY
    67 words
  • Article
    Lock icon FINANCE
    64 1 HMKX RATES lltl 1$ rsS(8Spff«SS> L7» £)1SS SS per S} 1612 ET10(tjS*B/E) 104# 1817 YES 119 J 8*611 R* Md»_ t1K7 HKS 7.799 44** HAHT 41K1 J4«S RWAH MKtt I4ii PfHMK RATES SINGAPORE"- -is KUALA LLUPl'R «K» HOMJ KONO km JAKARTA ».M TAIPEI KBBII TOKYO IJT76 SECHX U* LONDON
    64 words
  • Article
    Lock icon Indosat, backed by STT, plans regional expansion
    783 1  -  Jakarta wants to retain strategic say despite equity cat By Yang Razali Kassim THE reshuffled leadership of PT Indosat is working on a new plan to turn the Indonesian company into a major regional telecom player amid growing protests over its divestment to
    783 words
  • Article, Illustration
    Lock icon S'pore, India take another step towards FTA
    484 1 Study of economic package will lead to FTA talks [SINGAPORE] Singapore and India will study a comprehensive economic cooperation package which will lead to talks on a free trade agreement between the two countries, President S R Nathan revealed yesterday. Speaking to reporters
    AFP  -  484 words
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      403 2 /VII Management Centra Executive Network. Leadership Journey. /ne Professionals in Executive Education School of Business fc Management PhD in Business Management -loth intake January Doctor of Business Admin (DBA) 7th intake Executive MBA Bth Intake April MBA in General Management 33nt intake January MBA in Strategic Marketing 33rd Intake January
      403 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      43 4 OTHER SINGAPORE INDICES Jan 6 VALUE CLOSE iTOW 24.00 -59.00 irom -*****.00 -21.00 irifriqrMft -*****.00 +2.00 OMQBpMw 348.76 -0.90 Mfp*hiflnl 121.30 -0.44 ueui -15.69 11I« Jin hip 316.64 -4.21 162.90 -1.60 Closing prices are in trading currencies, but absolute difference is in St.
      43 words
    • Article, Illustration
      Lock icon MFS bottom line likely to get a boost from new orders
      261 4  -  HOT STOCK/ WARRAMT By Ven Sreenivasan FLEXIBLE printed circuit board maker MFS Technology has received fol-low-on orders for $32 million from key customer Philips for the design and manufacture of circuits and related assemblies for use in colour LCD
      261 words
    • Article, Illustration
      Lock icon STI falls on war fears, rising ail prices
      728 4  -  -l i comment STOCKS ven sreenivasan THE market lumbered along yesterday as investors stayed sidelined amid continuing concerns over the global macro-econom-ic outlook, another Middle East war and rising oil prices. There is also scepticism over the sustainability of the past week's
      728 words
    • Article, Illustration
      Lock icon NZ$, sterling hit fresh 3-year highs vs US$
      473 4  -  ■j_ r commen CURRENCIES Geld back at recent US$363 peaks as bears eye US iata iae est tkis week larry wee THE greenback was again in the doghouse in Asia yesterday, after a brief respite late last week sparked by news of
      Source: Reuters; Source: Bridge, Reuters  -  473 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    28 4 UNIT TRUSTS FUNDS NarroMty FooMd t Ummt RMt Low to lhto«kllMn*HViW(-|H« IMfipin wiit»»ili ii *< llliii of unity Attm »<H ito of rnnm%. 9 *hm nodi Won —Hwr MeeSMI9IS
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      1687 5 MANDATORY UNCONDITIONAL CASH OFFER by O DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD for and on behalf of LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) to acquire all the issued ordinary shares of Sso.lo each in the capital of L.C. DEVELOPMENT LTD (Incorporated in the Republic
      1,687 words
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  • FOCUS property
    • Article, Illustration
      Lock icon CPG sale in March will be a litmus test
      587 6  -  l I comment PROPERTY Its going price will indicate whether it's thriving mainly on govt patronage lee han shih DO governmentlinked companies (GLCs) benefit from government patronage? The answer or at least part of it might soon be forthcoming. In March,
      587 words
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      608 6 6> vij 1j ef e you c\ re e\rs4 y© U tft h bf Hartford revels in facilitating jL,, Professional Doctorate (entral Queensland dreams It's our pleasure to take HB iinivhrsity Unt CQucncosmowxftcoot ***** c docmr w*a paputc *poadi ,j mdustr> adwsoi to ia** add and enhaßcrtfv ca*M«rcial ofc* of
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      162 6 r For Enquiries, Catherine 9790 0359 I Please Call: Wallace 9858 8433 I Satypesofwanety choose from, each set comes *«th rice, salad, fresh fruits. ma*i deh Mned Fried (Fried Prawn and Nuggets) Japanese Cnspy ChKken Nuggets Femyakj Chicken Chicken Cutlet Salmon Beef CALL: i 62£Hrm c§ °K*ry The Best Of
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      107 6 > Pronwwnl MM atono PIE > 3-ctorey ndMM buttng > Groat loor ana 36.150 > Land araa 27,190 eq.* > No ground rant Tenure 30 30 yean waf 1961 > SdtatetorlgNinduaty/tfvMroarn/ warehouse >Mnu alatili fartaaaa AWARD-WINNING IMPERIAL COURT DINING At Pine Court Chinese Restaurant gg Reservations: 6831 6262*6 CHINESE M
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      20 6 GONE! b- f'" V Holding an auction'' \otices To advertise your Notices Call toll-free 1800 289 8822 or email recruit@sph.com.sg
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  • SINGAPORE news
    • Article, Illustration
      Lock icon MEI Project Engineers to close down
      513 7  -  exclusive Provisional liquidator appointed; creditors meeting on Friday Byi Andrea Tan CONSTRUCTION design firm MEI Project Engineers has succumbed to the tough times facing the industry. MEI, headed by founder and managing director Roland Wee, was to have celebrated 30 years in the business
      FILE PHOTO  -  513 words
    • Article
      Lock icon Ascendas to build hotel, clubhouse in Bangalore
      184 7 ASCENDAS will build a business-class hotel and clubhouse at its flagship International Tech Park in Bangalore, India, to cater to the park's multinational tenants. Talks are under way with "one of the top hotel operators in India" for the hotel, says Ascendas, which
      184 words
    • Article
      Lock icon New Independent gets financial adviser's licence
      199 7 NEW Independent, a financial advisory firm founded by former fund manager Joseph Chong around a year ago, has received a financial adviser's licence under the new Financial Advisers Act. The licence, granted on Dec 23 last year, allows the firm to advise customers on
      199 words
    • Article
      Lock icon US firm Sanmina-SCI sets up regional HQ in S'pore
      282 7  -  By 1 David Boey SINGAPORE received a vote of confidence yesterday from the world's third largest electronics manufacturing services (EMS) firm, Sanmina-SCI, which has set up its regional headquarters here. The California-based firm's president and chief executive officer, Randy Furr, said:
      282 words
    • Article
      Lock icon Muji making comeback to S'pore
      154 7 JAPANESE no-frills store Muji is making a comeback to Singapore after pulling out in 1998 and will open its flagship store at Seiyu Bugis in the next few months. Muji, which also shut four stores in Hong Kong in 1996 as part of its strategy
      154 words
    • NEWSRoundup
      • Article
        Lock icon DPM Lee to make Europe trip
        56 7 DEPUTY Prime Minister Lee Hsien Loong will visit Switzerland and France from Jan 23-29. He will address the World Economic Forom in Davos, Switzerland. In France, he will meet French leaders in Paris and visit the RSAF detachment at Cazaiot. He will also attend
        56 words
      • Article
        Lock icon S`pore didn`t seek for SAR ops
        91 7 THE Defence Ministry has clarified that Singapore did not seek permission from any country to launch Search and Rescue (SAR) operations for the missing crew members of RSS Courageous as the incident happened in Singapore territorial waters off Fedra Branca. In accordance with international
        91 words
      • Article
        Lock icon NUB to run New York Bar course
        62 7 THE National University of Singapore's Faculty of Law has obtained a licence to run the New Yatk Bar Review Course. Ihe inaugural course will prqpare students for the New York Bar Exam to be conducted inNew York on July 2940. The course will
        62 words
      • Article
        Lock icon New secretary-general for Asean
        35 7 THE Association of Southeast Asian Nations held a ceremony in Jakarta yesterday to hand over the secretary-general post from Rodolfo Severino of the Philippines to the Ong Keng Yong of Singapore.
        35 words
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      206 7 The Strathclyde Graduate School of Business Times Educational Services present "Managing Competitive Strategy in a Changing World" by Professor Gerry Johnson Attend this insightful CEO Breakfast Seminar foi wKm .1 rare opportunity to meet an internationally renowned expeit in the area ot strategy. In a turbulent and fast changing environment,
      206 words
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      99 7 VINTAGE 1945 LARGE DATE '■*Wv O•' '.i:v• Wf£vl p» iH IHHHp V ?^yar»AigjJ----»^-agswgwg^ar^l^^^^^» ij iStma>-*-.3m ffSPSF': v ;J «r "t 7 'TO™ spvTc-r*J3ri»SP' GP GIRARD -PERREGACIX MEMBfIE DC L ASSOCIATION MTEfWROFESSIONNGXE DE LA HAUTOE HORLOGERC Exclusive Distributor BMI A division of F J Bei\)amin Singapore Pte Ltd Tel: 6737 3786
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Asia's big nightmare: Falling US$
      821 8  -  bottom line OPINION william pesek jr The writer is a columnist for Bloomberg News. The opinions expressed are his own. ASIA'S worst economic nightmare may be afoot not worsening tensions with North Korea but a falling US dollar. Concerns about the US economy, possible war
      821 words
    • Article
      Lock icon IN OTHER WORDS
      32 8 These are taxing times for us. North Korea is coming at a very awkward moment, with the focus on Iraq.' -MduunedHßaraM the International Atomic Energy Agency's Egyptian-born director general.
      32 words
    • Article
      Lock icon Competition for SGX?
      572 8 EDITORIAL IS it time the Singapore Exchange (SGX) faced competition? Two weeks ago, the SGX wielded what market watchers dubbed its "monopolistic powers" when it announced that it will hike listing fees, even as many companies struggle amid the economy's woes. The increases are not inconsiderable. A
      572 words
    • Article, Illustration
      Lock icon Time for flexibility on the Job front?
      1065 8  -  Flexitime can help keep down foreign maid numbers, allows for more parental care By John Gee AS another year begins, the passing of time readily comes to people's minds. That could be a good point at which to reflect upon how it might
      FILE PHOTO  -  1,065 words
    • Article
      Lock icon NatSteel should disclose Q3 results
      259 8  -  (bag Denis Distant Singapore I REFER to the article "Latest Nat Steel results crucial" by Lee Han Shih (Hock Lock Siew, Jan 1). The 98 Holdings Group has already made several extensions for acceptance of its offer and there is no indication that its Jan
      259 words
    • Article
      Lock icon Offset ERS 'leakage'
      146 8  -  Leong Sze Hian Singapore ACCORDING to newspaper reports, some 128,000 people have missed out on their Economic Restructuring Shares (ERS) because they did not top-up their CPF by the Dec 31, 2002 deadline. Given that the $3.6 billion ERS package was the key feature of the $4
      146 words
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      97 8 Fax your letters to 6319-*****r emaH them to btletterQsplLcom*g or write to: The Business Times, SPH HQ, 1000 ToaPayoh North, Podhjm Level 3, Singapore3lB994. We need your fuK name, address and telephone nmnfmr tor vei Ml affix i Please use temperate language, and bear In mind Mbel laws. We reserve
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      1857 9 Offer for Nat Steel A Notice To All Nat Steel Shareholders From 96 Holdings 98 Holdings refers to the letter dated 3 January 2003 from Nat Steel to the shareholders of Nat Steel. Nat Steel shareholders may only withdraw their acceptances of 98 Holding's offer ("Offer") if at the date
      1,857 words
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      1090 9 ror snares new m scnpwso Torm, pmw cm out me rorm or witnorawai of Acceptance and Authorisation below: THIS FORM OF WITHDRAWAL OF ACCEPTANCE AND AUTHORISATION fFWAA*) IS IMPORTANT. F YOU ARE M ANY DOUBT ABOUT THE ACTION TO BE IAKBI, YOU SHOULD CONSULT YOUR STOCKBROKER, BANK MANAOCn. SOLICITOR OR
      1,090 words
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  • REGIONAL news
    • Article
      Lock icon M'sia may go for economic stimulus
      520 10 KUALA LUMPUR DrM reckons country's 2002 GDP growth was at lower end of 4% Bloomberg, Bernama MALAYSIA will consider "pump priming" measures to boost the economy, Prime Minister Mahathir Mohamad said, signaling growth in 2002 was at the lower end of the government's expectations
      Bloomberg,; Bernama  -  520 words
    • NOTEBook
      • Article
        Lock icon Asia-Pao firms raise US$46.8b
        63 10 Reuters (HONG KONG] Asia-Pacific firms outside of Japan sold USI4&B billion of equity and equity-linked securities in 2002, up 175 per cent from US$3B.7 billion in2ool, data from Thomson Financial show. ÜBS Warburg was the top book runner of global equity issues in the Asia-Pacific outside
        Reuters  -  63 words
      • Article
        Lock icon Jakarta to meet aid donors on Jan 21
        65 10 Reuters [JAKARTA] Indonesia will hold a key meeting with its foreign donors later this month, most likely on bomb-hit Bali, to seek fresh aid pledges for the struggling country after an earlier gathering was postponed in the wake of the blasts, A
        Reuters  -  65 words
      • Article
        Lock icon Rolex sues HK jewellers
        62 10 Bloomberg [HONG KONG] Rolex Group sued Hong Kong jeweller LukFtook Holdings (International) Ltd for selling as new second-hand timepieces made by the Swiss luxury watchmaker. LukFook, which runs 24 retail jewellery shops in the city, denied the charges. Rotet also eued two other Hong Kong jeweOers
        Bloomberg  -  62 words
      • Article
        Lock icon Sinotrans begins IPO pro-marketing
        76 10 Reuters [HONG KONG] Binotrans, the Chinese joint venture partner of courier giant DHL Worldwide Express, yesterday kicked offpre-marketing for a USOOO-JGOO million initial public offering in Hong Kong, sources dose to the deal said. Co-lead manager Bank of China International has ftyecast the company will post
        Reuters  -  76 words
    • Article, Illustration
      Lock icon Defying gravity
      37 10 [KUALA LUMPUR] Australian skydiver Jimmy Freeman leaps off from Malaysia's landmark KL Tower in Kuala Lumpur on Sunday. Daredevil jumpers concluded an extreme skydiving tournament that allowed them to leap from Malaysia's tallest buildings. AP
      AP  -  37 words
    • Article
      Lock icon Affin says talks with KAF still alive
      456 10 KUALA LUMPUR It refutes reports KAF may drop plan to boy bank stake Reuters MALAYSIAN lender Affin Holdings Bhd said yesterday that talks to sell a 30 per cent stake in its banking unit to financial services firm KAF Group were still alive,
      Reuters  -  456 words
    • Article
      Lock icon Johor to stop buying S'pore's treated water
      295 10 ■JOHORBAHRU Purchases will stop mid-year, when its own plant is ready JOHOR will stop buying treated water from Singapore from the middle of this year with the completion of its water treatment plant in Semanggar, Kota Tinggi, said Chief Minister Abdul Ghani Othman.
      295 words
    • Article, Illustration
      Lock icon Mega headed for showdown over Indosat price hikes
      551 11  -  Legislators are against Indosat sale and hikes in phone and fael prices From\ Shoeb Kagda in Jakarta INDONESIA'S parliament is gearing up to take on the government of President Megawati Sukarnoputri over the sale of state-owned telecommunications company Indonesia Satellite Corp (Indosat)
      Source: Bloomberg  -  551 words
    • Article
      Lock icon Citic Securities makes poor Shanghai debut
      368 11 Reuters [SHANGHAI] Citic Securities Co shares rose less than expected on their Shanghai debut as concerns about the outlook for Chinese stocks dampened the enthusiasm that greeted the brokerage's initial offer last month. Shares in Citic, an arm of state-owned China International Trust Investment
      Reuters  -  368 words
    • Article, Illustration
      Lock icon Auction of actress Liu's properties raises 6.6m yuan
      390 11 BEIJING The 18 apartments, houses were seized in tax crackdown AP AUTHORITIES have auctioned off apartments and houses seized from a Chinese film star who has become the focus of publicity about a tax crackdown on the rich, state media reported yesterday.
      AP; XINHUA  -  390 words
    • Article
      Lock icon India headed for turnaround: economists
      278 11 AFP [NEW DELHI] India's economic growth of 5.8 per cent in the second quarter of the fiscal year despite a crippling drought showed the economy could be heading for a turnaround, experts said on Sunday. A buoyant 6.4 per cent growth of the manufacturing and
      AFP  -  278 words
    • Article, Illustration
      Lock icon China Airlines wins nod for charter to mainland
      429 11 TAIPEI Jan 26 flight will be first by Taiwan carrier in 50 years Reuters CHINA Airlines said yesterday that Beijing had given the airline permission to become the first Taiwan carrier to fly to China in more than 50 years. "Our application
      Reuters; FILE PHOTO  -  429 words
    • Article
      Lock icon China planning to cut state's role in business: report
      454 11 HONGKONG AFP BEIJING is considering wide-ranging restructuring of the central government bureaucracy to reduce the state's role in running businesses while improving its regulatory role, a report said yesterday. China's incoming premier Wen Jiabao, is considering the merger of a number
      AFP  -  454 words
  • Article, Illustration
    Lock icon FINANCE
    877 10 Transaction date: Jan 6 *1 Marts>if Sf*rtl-3yaLon»>3m > Jr M a a— m —<■» tm 9m m m *+t» m» g —< «r w> obo *ko k> Mr* OM 47S U44 iM 27 J26 50J56 0479 47K 2J64 1077 ***** ***** OJK 4TO OJB B.7K MJV US) ASM Cm*
    877 words
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      51 10 r 1 L. i. L". v 1 i, L v.....!_ I. 1. v.. vT:7. *">L, Y A„. V. 'v. V ,v.. V. V„ v.„. v. v v. v X I 1 K r? V s i ''.'-"tTr I b' ;i* »-•<■• 1 K,, yW-—l|gi i S3 Hi'• sii;iii.s Tinh•> Recruit
      51 words
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      132 11 Australia South Africa Perth S$ 1385 Cape Town S$ 2515 Adelaide 1495 Johannesburg 2515 Melbourne 1495 Sydney 1495 South America AucWand 1775 Buenos Aires S 4405 China Guanozhou s$ 1285 Taiwan Hong Kong 1285 Kaoshiung S$ 1385 Beijing 1495 Taipei 1385 Shanghai 1495 Xiamen 1495 y|(/ Europe India s 2!!
      132 words
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      17 11 Ruiri Lianhe Zaobao I How I I established I I I I I I I m*mam I
      17 words
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  • WORLD news
    • Article, Illustration
      Lock icon BOJ told to take bold monetary easing measures
      463 12  -  Buy foreign bonds to weaken yen, urges Nakahara, tipped to be next BOJ chief From Anthony Rowley in Tokyo THE man considered most likely to become the next governor of the Bank of Japan, Nobuyuki Nakahara, yesterday urged the central bank to
      Source: Bloomberg  -  463 words
    • Article
      Lock icon Murdoch may sell Dodgers in 6 months
      144 12 LOS ANGELES AP RUPERT Murdoch might put the Los Angeles Dodgers up for sale within the next six months, an Australian newspaper reported on its website on Sunday. Mr Murdoch's News Corp would sell the Dodgers to raise cash before bidding on the
      AP  -  144 words
    • Article
      Lock icon Media, bank execs top list of worst managers
      308 12 NEW YORK AFP iw executives of media giants, banks and other multinationals topped the list of the "worst managers" of 2002 compiled by Business Week magazine. The magazine, which has in the past rated the "best managers", said for the first time
      AFP  -  308 words
    • Article, Illustration
      Lock icon BHP Billiton chief quits over boardroom clash
      636 12 MELBOURNE Reuters THE world's largest diversified mining firm, BHP Billiton, announced the surprise resignation of its chief executive Brian Gilbertson yesterday, citing irreconcilable differences with the board. Executive director Chip Goodyear, 44, known for his rigorous financial analysis, takes over immediately as the
      Reuters; REUTERS  -  636 words
    • Article
      Lock icon Intel asked to invest in Elpida
      194 12 TOKYO Reuters JAPAN'S Elpida Memory Inc, a chip joint venture between Hitachi Ltd and NEC Corp, said yesterday its parents have asked Intel Corp for capital investment in it An Elpida spokesman declined to comment on the size of the possible investment by the
      Reuters  -  194 words
    • Article
      Lock icon US services sector posts growth in Dec for 11th month
      427 13 ni<niata WASHINGTON But pace of growth slows from Nov; real estate, health and business lead Bloomberg SERVICES, the largest part of the US economy, grew in December for an 11th straight month, helping maintain the expansion, an industry report showed.
      Bloomberg  -  427 words
    • Article, Illustration
      Lock icon GM unveils weapon to lake on the Rolls
      497 13 DETROIT FT GENERAL Motors is preparing to take on RollsRoyce with a 1,000 horsepower ultra-luxury car designed to re-establish the ailing Cadillac brand as the company's flagship, the Financial Times said. The world's biggest carmaker on Sunday unveiled the "Sixteen" concept Cadillac,
      FT; REUTERS  -  497 words
    • Article
      Lock icon Gold hits six-year high, oil off peaks on troops alert
      463 13 war JirruKS Reuters, Bloomberg (LONDON] Gold hit its highest level for almost six years yesterday and the US dollar slipped as reports that the US and Britain were readying troops for possible action in Iraq rattled investors. Oil, however, pulled
      Reuters,; Bloomberg  -  463 words
    • Article
      Lock icon Saddam criticises UN inspectors, says Iraq ready for war
      347 13 BAGHDAD Reuters, Lat-WP, AFP A DEFIANT Iraqi President Saddam Hussein yesterday declared his country was ready for war and accused UN weapons inspectors of engaging in "pure intelligence work". In a televised message on Army Day, Saddam dismissed US threats to
      Reuters,; Lat-WP,; AFP  -  347 words
    • Article
      Lock icon Bush to cap domestic spending programme
      616 14 WASHINGTON Terrorism, homeland security, economic growth to get priority LAT-WP AFTER several years of hefty increases in spending for popular domestic programmes, the US administration is attempting to put the government on a new, wartime fiscal path that could sharply restrain the growth of
      LAT-WP  -  616 words
    • Article
      Lock icon Europe service sector growth slowed in Dec
      341 14 LONDON Bloomberg EUROPEAN service industries, which is more than half of the economy, grew at a slower pace in December as businesses cut jobs and reduced prices. An index based on a survey of 2,000 purchasing managers in the dozen countries using the
      Bloomberg  -  341 words
    • Article, Illustration
      Lock icon Domestic issues may stop Blair from pushing for euro
      463 14 LONDON Focus on public services, Iraq make euro vote mtlikely Bloomberg BRITISH Prime Minister Tony Blair's goal of joining the euro is being overtaken by domestic demands and a possible military showdown with Iraq, economists and investors said. As lawmakers gather
      Bloomberg  -  463 words
  • Article
    Lock icon COMMODITIES
    1315 12 8I00M PPTPRBB Jan 6 MUMw»(OMN>rirM) KSSKScmkad Am Mn OpM ■Hi H|fe im Satt (two) Irtawat Fa* 03 ***** Mar 03 155J0 Apr 03 157JO Iter 03 157JO ISSlOficafcAt) Mmm Opaa Ham Mgh Law Satt M Martst Faft 03 89.25 MM 89.00 750 900 Mr 03 .90.75 90.75 9125 150
    1,315 words
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  • Article
    Lock icon KLSE
    5 14 Transaction date: Jan 6
    5 words
  • Article
    Lock icon SGX
    758 14 Transaction date: Jan 6 at a—t ■> om» omm CMC 041 1240 *140 WSM» 04* 2M0 <1010 CaprlaUnd 1.14 1.110 O440 O0K 011 fJOO 0150 Chart SaM40»«J2tt 047 Q7*0 -0.005 OUC 0l57 «100 «0 ISO Oty OavSOc 142 4100 0120 MaM*H2k 0_» 0.770 <0.010 Crwtt»aT25c 0.72 124D0 SGX It
    758 words
  • Article
    Lock icon BONDS & WARRANTS
    379 14 BONDS WARRANTS W Mba ba *51! ASTIttCMOUl 175 I IS »M 1? AoiuudWW'111 I I SO TDD US 23 ArmtWOSQKiO. N U 2 142 «<—'"T«« 10 ll> IV II ■••XVABBOIIB 103 tm* JO totiXWIIU1I>. •nrimlMaB _1I 1 S M 1M II CSCWMM77 1 .1 2J VK ISO 0OI24AB7)«fc5%M050C7 *00 I
    379 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      308 14 CKVFTIC CROSSWORD 1 Finding money in a book is 8 Stem lasses agitating for 11 A (trection given about quiet 11 I ■■■121 12 CarefuMy examine safety-first container (4) TT|I~I^II~II4^HtPi ill rr~ ary receiving disastrous —Lm ■■BrTiT backing (7) 15 Hair-styte in order? (7) TT~^ M 17 Oriental and reflective
      308 words
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  • Article
    Lock icon SGX MAINBOARD
    13 15 Transaction date: Jan 6 for live prices, log on to iirwwjasiaonemarketsjcom
    13 words
  • Article
    Lock icon SGX XTRANET
    61 15 a« KM M Dm, U»|n firOn H» (tTM MM MCa I—- fl—1 Wli W- r— t— i*r Cw HI tJ tOMO Diamonds; US113 5110 S340 2700 IS OJ US Tech US3740 SB SSS IS MSG Spore USS55 11*0 BOO ISSAPSOO US8270 ii«o c» srons uaao ins ino ST1ETT
    61 words
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    Lock icon SGX SESDAQ
    1344 15 a« la* M Day IIQeeH GrOkr ON firTU Met MCap I—r r I 11 Ml W- fl M0I L— ley i+m Cm HI tJ 225 9 ABRHldgsSc 11 ««h 10 11 11 10 12 24.5 IS AP CM 5c M -15 15 16 IS 15.5 17 5 115
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    295 15 U« Lm M tar lion CrfMf Mr SftW Ml MCa —I L— Mi W- rww I— tawr Cw WE M IIS 10 AVJenrvngi A25c A955 -03 111 97 95.5 95.5 97 40 14 115 51 MU Cathay Pac 20c HK720 265 21 7 4 i 24*2 Cheung Kong50c
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      27 15 Superior Aftersales Performance. The PML Experience East Coast Centre, 280 Kampong Arang. Tel: 6319 0888. Mon-Fri Bam-7pm. Sat Bam-12pm A member of the B Sime Singapore Group.
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  • KNOWLEDGE economy
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      Lock icon CEOs aren't rock stars
      990 16  -  AT Kearney's Paul Ray tells Eugene Low that successful leadership is ultimately about good old-fashioned vision and strategy Eugene Low ONE of the common ideas about leadership is that the personality of a leader matters. But nothing could be further from the truth, says consulting firm
      ARTHUR LEE  -  990 words
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      2342 16 Notices IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF S) ROTOL METALS PTE LTD ROTOL RESOURCES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At the Extraordinary General Meetings oftheabwensmedConoarwsdJyconvenec and held at No. 17 Tuas Avenue 9 Singapore *****7 on toe 31"
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      416 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTE* OF GOLDEN PLATE ENTERPRISE PTE LTD (In Members' Voluntary liquidation) At an Extraordinary General Meeftng of the Members or GOLDEN PLATE ENTERPRISE PTE LTD duly convened and held at 35 Siligil Rood, #044)7 1 nnm r w>
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      139 16 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF Rl 1999 CONVENTION (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the Members of
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  • SHIPPING TIMES
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      238 17 Knight-Ridder, Reuters THE Baltic Dry Index rose 1 point to 1739, the Baltic Capesize Index rose 18 points to 2411, the Baltic Panamax Index fell 4 points to 1725 and the Baltic Handymax Index fell 79 points to 9736. TIME-CHARTER: Kassos Warrior HMM relet (built 1986) *****4 dwt
      Knight-Ridder,; Reuters  -  238 words
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      Lock icon MARITIME STOCKS
      267 17 sex 'mo Jmt St *f- W CWT Distribution 0.70 unch 0 Oman Hup a4S unch 696 Coscf bwastmant —0.20 0.01 574 rrttqM Unto 0.03 unch 0 GB Holdings 0.61 unch 22 Jaya Holdings 0-24 -0.01 244 MppalCorp 3.74 a06 695 UMMl Martna 0.16 unch 0 MMMITM* 0.76 0.01
      267 words
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      Lock icon S'pore to host major maritime security meet
      482 17 Conference, starting on Jan 21, the first of its kind in Asia [SINGAPORE] The need for heightened maritime security will be put under the spotlight at an unprecedented maritime security conference being held here later this month. The conference, the first of its
      US CUSTOMS SERVICE  -  482 words
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      Lock icon Carnival to seek EU nod again for merger
      183 17 Bloomberg [BRUSSELS] Carnival Corp, the largest cruise ship company, will ask the European Commission to reapprove its US$6.3 billion takeover of P&O Princess Cruises pic to ensure it will not face a legal challenge by rivals. The commission, which cleared the original
      Bloomberg  -  183 words
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      Lock icon US hospital ship sets sail in build-up for possible war
      394 17 AFP [WASHINGTON] A giant US Navy hospital ship, equipped to treat wounded soldiers, set sail for the Indian Ocean early yesterday, as the United States continues to beef up its forces in the Gulf region ahead of a possible war
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      Lock icon RCL rides high on waves of change
      1124 17 PROFILE Feeder operator is not one to be left behind when shipping trends shift PSA Corp's Port View HE saw the opportunity some 30 years ago and he seized it. Today, the shipping service that Sumate Tanthuwanit started in Thailand in the mid-1970s
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      256 17 PEOPLE RONALD Wallace, a long-time executive of UPS who for the oast ftve years has been responsible for the growth of UPS* international last wick announced his retirement. Effective last week, he was succeeded by David Abne*whohas helped giride the evolution of UPS* global supply chain management business.
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    • CORPORATE profile
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      3 22 THEBUSINESSTIMES
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    • SHIPS IN PORT
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        650 25 Vessel Voy No Berth Arrival Departure JURONG PORT BAYSWATER228 E3003 J3 A/SIDE 07/01 0100 GEN MARINER 4 J5 A/SIDE 07/01 0600 KOREA STAR 003W J18/19 A/SIDE 07/01 1200 LONG YU 0217 J8/9 A/SIDE 07A)1 1200 MULTAN 005HW J15/16 A/SIDE 07/01 1500 NIAGA 61 02/02 J10 A/SIDE 07/01 2359
        650 words
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        2 25
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        Lock icon GLOBAL HOLIDAYS
        144 25 Jan 13 Japan: Com ing-of- Age-Day. Jan 31 Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Feb 1 China: Lunar New Year's Day. Hong Kong: Lunar New Year's Day. Korea: Lunar New Year's Day. Malaysia: Lunar New Year's Day. Singapore: Lunar New Year's Day. Feb
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        Lock icon COCKETT BUNKER MARKET REPORT
        738 25 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indi cated. The Cockett Bunker Price Index change and
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        Lock icon VERITAS BUNKER QUALITY REPORT
        381 25 c«0 Ma »*> 4 04 84) 0.05 55 0.03 j_> r .-T m. T r m*M*es oooooo MO A* M4J 02 K.7 005 2* OJH Um- 3*0 Ma no 5 04 174 0 00 7» OM ■/in »W «Wi »W —m Boon 635 0 0 0
        381 words
    • AIR & LAND transport
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        Lock icon New US airport screening for bags goes smoothly
        489 26 Checks for explosives at over 400 US commercial airports AP [CHICAGO] Knowing holiday travellers would be putting the country's new airport baggage-screening system to its first big test, Robert Chesniak gave himself 90 minutes to check his luggage on Sunday at O'Hare
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        Lock icon First Hainan-mainland rail link
        75 26 [HAINAN] A Chinese worker stands on a carriage at the newly built Haikou train station on China's southern Hainan Island. A rail service between Hainan and the southern province of Guangdong will officially start today, and will be the first time in the island's history that
        REUTERS  -  75 words
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        Lock icon THAI to start flights from Chiang Mai
        235 26 Carrier to fly 9 times a week to Europe, Tokyo Bloomberg [BANGKOK] Thai Airways International will operate flights to Paris, Frankfurt and Tokyo nine times a week from Chiang Mai in a bid to make the northern city the country's second aviation hub,
        Bloomberg  -  235 words
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        Lock icon NZ airports to install high-tech ID systems
        233 26 Xinhua [WELLINGTON] The New Zealand Customs Service is putting on trial high-tech, computer-linked video cameras able to film the faces of passengers arriving in New Zealand to help identify terrorists and other undesirable travellers. The Dominion Post reported yesterday. Customs' chief financial officer
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        Lock icon KLM expects M fiscal-year loss
        333 26 Economic, political woes deterring passengers from flying Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines NV said it will have a fiscal year loss as a slowing economy and increasing political instability deter passengers from flying and increase oil prices. "As the operating environment in the fourth
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      • LOGBook
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          Lock icon Cathay ops direct flights to London
          56 26 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Hong Kong's largest carrier, plans to expand its direct flights to and from London to three times a day from June, adding capacity to one of its most lucrative routes. The airline currently operates 18 non-stop flights
          Bloomberg  -  56 words
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          Lock icon Shanghai airports among the busiest
          87 26 Xinhua [SHANGHAI] Hongqiao and Pudong, the two airports of Shanghai, have been listed among the world's busiest airports. In 2002, the two airports handled 24.68 million passengers with 225,167 sorties. They also handled 1.31 million tonnes of cargo and mail. There were remarkable increases in
          Xinhua  -  87 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        391 26 AIRUNECOOES AA Amenan Artnes (AAL). Af Ar Frtnce (AFR) Al Am Htdu (AJC) AY FmtrOyfFlN) AZ AM*a Arms (AZA)BA Brush NrweysPMrc Ltd Co (BAW) BG Sw Arms (BBC) 81 Roy* Brunei Artnes Stti Bhd (USA) BO Boureq Artnes (BOUI BR EVA Airwiys Corpn (CVA). CA ArCtm
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      413 18 NORTH AMERICA GULF/INDIA SUB-CONTINENT auPHwmuEXPwessgaQ 1 IwiMMcmiiiiiwpn 1 -1 vnsa VOT JU MM MB SM VBSa VOT Ld SM KG ooauno tswso mTTj ii/oi ioToi pmwuoybbommb oti 01/01 02/01 00/oi 12/01 00a CAUKMMM 47WS1 91/12 N/01 ONT PtO NBIUOTD PUSAN OX M/ 01 00/01 11/11 10/01 rnm n/n 10/01 21/01
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      58 18 JZ2s* WORLDGATE EXPRESS LINES PTE LTD /Jt\ 180, Cecil Street, #16-03/04, Bangkok Bank BuHcflng, S*pore *****6 x'W x Tel: *****911 Fax: *****073/*****863 Email: wgate©mbox2.singneLcocn.sg WEBSITE: http //www woridgate. com, sg CalcuttaJ*'Chlttagong COLOMBO [10/011 Karachi i port lou« 14/01 CHTmOONQ/DHAKA 00/01 Bombay V /Madras I BOMBAY 10/01 08/01 Colombo* W j
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      630 18 Unes servces represented by n u. Singapore Shipping Association ULY UNE MALE f KSSB VOY ETA ETA ETA A P. PAHG SfOtE MAU Princess Lily 0103 10/01 11/01 19/01 Empress Lily 0103 29/01 30/01 08/02 Princess Lily 0203 16/02 17/02 25/02 ULY MAMNE 553$ PTI UD 1 NOKIH MDOCKMD, #31-10,
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      948 19 TO USA (SAX SBtVKQ VESSEL VOT SIN EU lAX OAK DAL HOII ON COl MIM ATI NTC AW CANADA 1101 00/01 33/01 27/01 20/01 21/01 20/01 20/01 20/01 31/11 31/01 AfISCOTIAND 114 C IS/01 30/01 03/02 04/02 04/02 04/02 04/02 04/02 07/02 07/02 APIiaGIUM 1121 22/01 00/02 10/02 11/02 11/02
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      1661 19 DIRECT CALL TO Colombo 4 days ceotM *cam h saKtfOH: oooooaiwiim uib/ws hl ******57/43 ml 423*5321/341 m lT# SUP 2SS SSSS bandar was 12 days T/MPW *****125 *****314/44 I MMorsomo: comonnui mnsmi/im 423*5323/73 I (KMMaaBWiWW IH:*7-******0 HUL 07 *****70 TSI/VOTfw W XMMIUQIHO N NPI St Til TSI/W YTW HfU XIA
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      764 20 HMM& HYUNDAI MERCHANT MARINE CO., LTD. llmih. MO. HM7WWOOH |vcsa vot ai sou i» mi imp mv [ypsa vot s«i ibi mi ant nap mv T APIDCMMM IMW 0770T 14/01 20/01 30/01 001 NOOK M* 11/12 14/11 M/ll 11/1J 11/12 mnpomhtt omw 03/01 24/01 25/01 20/01 22/01 aticmai io« 00/12
      764 words
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      1296 20 WAN HAI MVBNATIONAL PR LID anci4«osnoooo7| (MUMS) FAX; *****143 VwIWAN HAI LINES ss»saa£2assL- jnwwiuwwMLwnraiwiMmmw/mw MJL/lUK WWW.W—■ ■:H)II»1M:»H«IMIB/«MH»I IwnsTTr Kn in —ROTT* rui TOT rw Km mutt an tm« vto Mi >W' UOi ivw iv*i iyw imii ImWTII >1)1 MM IWI IV»l IV»! IMI Ml 71*1 law wni n lIIIH MM
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      596 20 m 9(BUTAu WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POINT* waa VOT m hum CMOMO NSKM am—o UUWtMOM >1711 WJM own OUT IS Ml II Ml llSHtfm SOI7W 13 Ml I SIM HIM HIM 7SM6 IWMMNtt H7W 71 Ml 77Ml 71 Ml 71 Ml lIFB
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      865 21 IVWW VOT KHH HKO SI Htt PXS 9AS OMM MK M.V. UNOAVIA PCI- 293 10/01 11/01 14/01 15/01 22/01 23/01 01/02 03/02 ■AN KERMAN PCt 294 14/01 15/01 U/01 19/01 26/01 27/01 07/02 09/02 MAN ISFAHAN PCL -295 21/01 22/01 25/01 26/01 02/02 03/02 11/02 13/02 KANHOKMOZGAN KL 296 23/01
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      457 21 UK CONTINENT SERVICE Laving for KOVDOR ROM/ATW/BMN/UK/NAN SETIF II ROM/ATW/BMNAJK/NAN Lot* angyora. E/W. MatayM. tndon— MIDDLE-EAST SERVICE Loadrig for STAR 2000 JOH/AQA EXPLORER S DBI/ABU/DOH/BRN/DMM/KWT WHITE GUARDIAN DBI/ABU/tX)H/BRN/DMM/KWT PACIFIC SUN II DBI/ABU/DOH/BRN/DMM/KWT PIONEER SAILOR JDH/AQA/DMT -Loads Singapore. E7W Maiayaa. mdonesa USA SERVICE Loading lor PONTOPORUS VCW/LAX/M2L BLUE PRINCESS CAM/NFK/SAV/NOL GANT
      457 words
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      690 21 jbsb m M m -ma m m mum am tm «zil_ jmml zza »/>i Msa czf] Bp jib —zSatzzSaiz: HKBAROA O§S4R -MtllU 2223 Hill Uil] WtIMM mm */t] W/>' NC—IMI ftp 12/01 |S/il iriMifl wwi izzu izzu_ HI^^HTFnVT9rn!i!Tm^HHl roc oaroa MS* eo/oi 00/oi wtw* ass i>/»iZ vcsa hh ai gjffi
      690 words
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      112 22 V«i Vmy M* |<«lp—!•»—i IYn Kww Nlwp«i Kwtt IN— IBNSino 947E 07/01 20/01 OMIT 31/01 02/02 IBNSino 947E 07/01 20/01 01/02 IBNSino 947E "0770T 23/01 ~2970i~ 30/01 IBNSino 947E 07/01 02/02 OMIT 12/02 14/02 16/02 Shgnqhoi W W ~WST~ ***** Shonghoi Seogtof 947E" "u7oT ~WST OMIT *****" ~U/Q2 1«/Q2 I
      112 words
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      197 22 CWT GLOBEUNK PTE LTD OtVM OFFICtS IN: TEL:6225 1833 (36 LIMES) FAX.*****742 SYDNfY-MCLBOUMNf-rfNANGFORT KELANG PASIR GUDANG KUCHING BANGKOK KARACHI BOMBAY M. N[W DELHI COLOMBO HO CHI MINH CITY HAIfHONG HANOI BREMENHAMBURG TIANJIN QINGDAO SHANGHAI XIAMEN fUZHOUDALIAN XIAN BEIJING-SHI HA /HUANG WEEKLY DIRECT GROUPAGE SERVICE TO CENTRAL SOUTH AMERICA MANZANILLOIMEXICO BUENAVENTURA/COLOMBIA
      197 words
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      258 22 BSA x MYANMA FIVE STAR UNE (Mywav hHwd Um) L*«faf far Y«f«« vhsii vot sm m m pgu CHMSHWIHMW 54* SU PAGA* V3O6W SU M MALAYSIA: OOUSTIAD SMIPPtNO AttNOfS *UL 03-*****300 PIL- 03-317*4101 POt 04-2****** BANK LINE (A Wfvkt tl todnw Wtk Tfcippii|) I NORTHBOUND TO EUROPE j V CONUm,
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  • Page 25 Miscellaneous
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      137 25 f —fl& w w7R mL -^J^^^iX_~j***f m r Ijp a V4W-t i«»"**'Rjg A*, —jf LEGEND: Issued by Meteorological Services Division, NEA R Thunderstorm Rain Temperature C, Wind direction and speed in knots Weather Cloudy Day a2y Sea Conditions Wind speed symbols < 1 0 Full circle w/o line indicates calm
      137 words
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