The Business Times, 24 November 2003

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Total Pages: 26
1 26 The Business Times
  • 14 1 MHA<P)<ttWoa/2(»3 850 THE BUSINESS TIMES SINGAPORE Internei http://business-times asial com.sg MONDAY, NOVEMBER 24. 2003
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  • 831 1  -  BT exclusive But start-ups face longer negotiations, highly rigorous due diligence process From Jennifer Lien in Silicon Valley AFTER a two-year slump in venture capital funding, things are looking much brighter for serious entrepreneurs in Silicon Valley. The Valley's venture capital funding was
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  • 885 1  -  COMMENTARY The outsourcing of services is a megatrend and, says Vikram Khanna, Singapore must join in Vikram Khanna IN the *****, when Singapore invited multinationals to locate their production facilities here, it was (without knowing it at the time) a pioneer in the outsourcing
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  • 424 1  -  US$3.7b deficit despite less royalty, licence payments By Chuang Peck Ming [SINGAPORE] Singapore spent slightly less on American know-how and technology last year but still enough to blow a big hole in the Republic's trade balance in services with the US.
    Source: OF COMMERCE  -  424 words
  • 62 1 Week Change sm mm -71.47 KLSECOMP ***** -7.76 NIKKEI 225 *****1 314-23 HANG SENG *****80 *373 SET INDEX ***** 41K JAKARTA OOMPJI17J8 *74 MANILA COUP _*****0 -1113 TAIPEI WP1 £***** -214.71 SEOUL COUP ***** 4911 SHENZHEN B *****—4.66 AllST ALL ORD J***** -4010 DOW JONES *****3 -***** NASDAQ *****8
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  • 72 1 ut$ s$ USS (SS per IBS) 1.721 £(USS/SS per 1.7t2 1332 EURO(USt/SS^E). Ltfl 1061 yen imj me RM UN UM HKS 7.711 4J* BAHT SIM 2J1« RUPIAH 8*3 4JK RENMINBI S3* 4-817 INDIAN RUPEE 41.78 MS7 AS 1JM MM NB 1£M IM SINGAPORE* US MALAYSIA &M HONG KONG UN
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  • Page 1 Advertisements

  • NEXT page
    • 1320 2  -  Outsourcing company Scandent hopes to combine Singapore's strengths with India's low-cost and BPO experience, reports Vikram Khanna Vikram Khanna HOW can Singapore ride the growing tidal wave of businessprocess outsourcing (BPO), which will probably be one of the biggest global business stories of the
      FILE PHOTO  -  1,320 words
  • Page 2 Advertisements
    • 14 2 chamele|ji. «S .CB A FORTUNE a3m A 9 Parker Duofold Plated Trim Fountain Pen
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    • 58 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T:+6s 6535 3382 F: +€5 6535 3991 E singaporedocxa.com.sg 24
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  • Page 3 Advertisements
    • 204 3 l-'" v i,a PBSBIt' ?<• v- ?t" *a|*P* 8 Is§gs§l *r-'' I JI ■i3Pf vAr *?._>- ,*v lp)BK(S*i< llifer* fiwlfeu ijis Wtm-'■••*•' v^*-3598* t, F 1 'i I 1 V _v, -x ti ,> •v>] 'i. •>»»'». i j'v'"y>f'-villi. 4 t" _-J. rCjdtifel- _iv >; ,-^y, ifcfo ?.->- '&-&-%Vy '^S|^B§i&
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  • SINGAPORE companies
    • 850 4  -  HOCK lock siew r sivanithy WHEN Neptune Orient Lines (NOL) shares traded at $1.79 in mid-September, a foreign broker issued a "buy" call with a target price of $3.02. When the price crossed $2 a few weeks later, the same house revised its recommendation,
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    • 373 4  -  Ex-director of associated firm seeks indemnity over US$10m loan By Siow Li Sen CHEMICAL Industries (Far East) has received a writ of summons from a former shareholder and former director of its associated firm Quan Xin Enterprises seeking indemnity for his liability under a
      373 words
    • 337 4  -  By Siow Li Sen DEBT-LADEN Yongnam Holdings has secured cheaper funds with new hanking facilities from current banker United Overseas Bank (UOB), the company said last week. Yongnam's existing debts of $84 million owed to UOB include an amount of $57 million owed by the
      337 words
    • 220 4 Reuters [HONG KONG] Beijing Capital Land, one of the Chinese capital's biggest developers, said yesterday it has signed a deal with the Government of Singapore Investment Corp (GIC) to jointly invest in two Beijing property projects worth a total of 2.8
      Reuters  -  220 words
  • Page 4 Advertisements
    • 100 4 r 11 V l,' *•>/£ v CORPORATE INVESTMENT BANKING ASSET MANAGEMENT j PRIVATE WEALTH MANAGEMENT 1 i V > f ---v Mkm f f A Passion to Perform. Here's to yes' To can-do'. At Deutsche Bank we share your passion to push harder, to make it happen, to get it
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  • Page 5 Advertisements
    • 157 5 BHP Steel's name has changed to Blue Scope Steel. But our products, services and commitment to our customers remain. In fact, as Blue Scope Steel we'll be working harder than ever to innovate for our customers, with high quality products and inspired solutions to meet your project needs. We have
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  • SINGAPORE markets
    • 199 6  -  BT comment STOCKS r. sivanithy by ij not fir comp the next six months have already been fully discounted and are therefore fearful that interest rates will rise. Bond traders on the other hand are happy with the US Federal Reserve's assurances that rates
      Source: Bloomberg  -  199 words
    • 23 6 in *!l s-« i U lil UIMtmQIaBBMMPCMIttOfTscfTAkTwIM «»iim g) T« I MM r** mi MM* to tart mi ft* M mm*
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    • 564 6 Yen fells back on BOJ intervention, while A$ reaches new six-year high AFP [HONG KONGI The Japanese yen weakened against the US dollar over the past week after Tokyo intervened in the foreign exchange market while the Australian dollar reached a new six-year
      AFP; AP  -  564 words
    • 74 6 Evonts investors can watch out for pmftmmA, Nov 26 See View's #wMee< peyeeet, Nov 27 TMkM'sMiMdpqrMNt, Nov 27 SAT lw>'» ariiirt piw Nov 28 Nov 28 MRr»«nll»ip«aißl. Mw hdMi'tivMMipmMHl, Decl MTQ Cwp't #¥«■■< pay—t, ■tap S«« IM, m, Afew 24 Hyflw, NM, iVot' 24 Mm SC, ASM, ifer
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    • 965 7  -  BT portfolio STOCKS teh hooi ling Rfc lowest pnc6-icH)OOK pomoHo has been tuprioingly resilient amo me turuuience tnai tne mamet htt endured m th 6 lost one wwk. lIsU Just 2.7 per cent, compared w«h the 4.6 per cent drubbing suffered by the Straits Tlmee
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    • 248 7  -  HOT STOCK WARRANT By R Sivanithy THERE'S a minority out there who believe that Malaysian stocks are too speculative. But our goal has always been to present readers with an array of choices and to leave the "buy" or "sell" decision
      Source: Bloomberg  -  248 words
  • 1052 6 RMKAST TwH KBKOST Tmrt 5 T ?C comnw mm£\ m csasMR (TupS hi ctww* m pnmi m mendations submitted by analysts following the stock. There n m dm w s (nendatfonsareplacedonaltoSpointsKaleandaveraged «MU. SaBMte W "> K—O-U. MP m. SS»$jesle*B__«We B to produce a mean recommendation. CydeS forage Ud
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  • Page 7 Advertisements
    • 315 7 High Commission of India presents Waznun THE KASHMIRI CUISINE AT TIFFIN ROOM Kashmiri cuisine offers an extensive unique and sumptuous variety of both vegetarian and nonvegetarian delicacies. Experience the Kashmiri cuisine here in Singapore from 21 to 28 November 2003, as S the High Commission of India brings you for
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    • 152 7 Doctor of Administration Professional and academic development beyond the MBA level Via distance learning with value-added and enhanced E-learning features Close supervision and extensive faculty support Assessment through coursework and research Completion in 2 years for suitably qualified Master's Degree holders Online Masters for Ultimate Flexibility! (New intakes starting in
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  • SINGAPORE companies
    • 945 8  -  INSIDE MARKETS Buyers outnumber sellers in every category, notes ROBERT HALILI ROBERT HALILI DIRECTORS and substantial shareholders were more active last week with 99 trades worth $44.6 million based on filings to the Stock Exchange from November 17 to 21. The figures were sharply up
      Source: Asia  -  945 words
  • 865 8 COMMODITY WeeklyRoundup AFP [LONDON] A volatile US dollar, global trade tensions and renewed terrorism worries roiled world commodities markets last week, with gold prices hitting a seven-year high. Oil prices were buffeted by swings in the value of the US currency as well as
    AFP  -  865 words
  • 1068 8 FINANCE COMMODITIES Week ended: Nov 21 SDTQAPORE OOTERMMEMT SUUWUTDBgDTD1CATITE PRICES AMP TIgLDg —w it$m '"tmrn Mafrfty Uto«t TloM l»i> Cnw MfHy uttrt fliM N*****011 3.5 01 fE» 2004 I W0.5/A HOJS 0.82/0.558 NX*****H 5.625 01 JUl 2006 1113.65/A 113.7 2.469/2.458 M*****IT 3275 6 MAY 2004 B W123/A 101.28 0.777/0 673
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  • Page 8 Advertisements
    • 851 8 STRIKE ENGINEERING LIMITED NOTICE OF EXPIRY OF WARRANTS 2003 TO: ALL HOLDERS OF WARRANTS 2003 OF STRIKE ENGINEERING LIMITED This b an important notice that requires your immediate attention. Holders of Warrants 2003 ("Warrantholders") who ate in doubt as to the action tKey should take should consult their stockbrokers, bank
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  • SINGAPORE news
    • 425 9  -  Infosys, Bodyshop founders warn of dangers of business greed By Joyce Koh HERE'S a reality check for businessmen who dream of fat profits, ways to cut costs and of having their companies listed on the stock market: an unhealthy preoccupation with size and profits
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    • 421 9  -  EYE on the economy jobs By Siow Lisen DEMAND for executives is coming back, especially for specialists in the finance sector, said executive search firm EL Consult Singapore. It also noted that encouragingly, October saw more demand in the private sector for senior management
      Source: EL Consul Singapore  -  421 words
    • 572 9  -  By Daniel Buenas SOME people may find it surprising that the heir to a cosmetics empire spent much of his career as an orthopaedic surgeon, but Olivier Courtin-Clarins, managing director of the Clarins Group, has never regretted the path he took. The 49-year-old
      FILE PHOTO  -  572 words
    • 175 9 SINGAPORE Press Holdings has won the inaugural 4AS Patron Award, a new recognition by the Association of Accredited Advertising Agents Singapore (4AS) for significant contributions to the local advertising and marketing communications industry. The award will be presented at the annual gala dinner for
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  • Page 9 Advertisements
    • 1 9 adv
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    • 140 9 h-#x >w <* Iflii ■is j/f^'Jbik %g^3fejjsfln r 1 -wdMj^tiSl 1' Wgjjgffi -"i^ K, < Br >R -MBk W Bfl *iiZZir Automatic chronograph in steel, water-resistant to 200 meters, metal bracelet, W rubber or Toile de voile strap. AU M JMjERCI ER CHEW CHEONG WATCH CENTRE (CENTURY SQUARE, SHAW CENTRE)-CORTINA
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  • CORPORATE governance
    • 1072 10  -  Shareholders have succeeded in demanding more from the management and the board By Davy Lao THE last few years have witnessed unparalleled change in the awareness of corporate governance than any other period in recent corporate history. This was characterised by the series of developments
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    • 1435 10  -  By Penelope Phoon-Cohen IT goes without saying that after Enron, World Com and HIH, audit will never be the same again. Shareholders, regulators, market commentators and professional bodies will subject audit and its future processes and opinions to an unprecedented scrutiny. Prior to the scandals, even
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  • Page 10 Advertisements
    • 107 10 Where to wine, dine and entertain... nm *~£g!£ /Special Lunch Menu $5.80 Nett Per Item t With FREE Choice of One Coffee/Tea/SoA Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Saut£ed Chicken with Chinese Sausage It's Eger
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    • 86 10 wrv.n Y ou «oni t.ct (ton to m. f.tt of r<xjr M. i*o«* it to tho .xp.rttl Coll our HOTUNi *414 1031 to tpoak to ou> W.ddlng Mannora and And out how you can Itavo a p*rt*ct woddhig coMXalton right lv»r»l Moovwnly Mm knor|ii#t Onto* ot t-coun. Chln.M Dtnrar or
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    • 49 10 rang mahal haute indian cui» i n Buffet Lunch Noon to 2.30pm (Closed for lunch on Saturdays) Dinner 6.30pm to 10.30pm Make your reservations with us at g T«fc (65) 6333-1786 //Tj HoSSSo I TPv Fax: (65)6333-1660 mmiwm. LM 3 Th« Pin snxoort 7 RjTWi kunrg Mm v»« 3J9W5
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    • 1 10 adv
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    • 70 10 ~1 THE NEPTUNE T co i iv i a aua v 15% SAVINGS ON LUNCH* Now till 30 November 2003 Enjoy dainty Dim Sum and excellent Cantonese delicacies at a great value, for a limited time only! Reservations: 6224 3203 "Of/in is vdul from htomdm} to Saturday (Excluding Pubitc Holidays)
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  • REGIONAL news
    • 694 11  -  BT comment KL STOCKS Abdullah shown that ho can bo as tough as Mahathir eddie toh LESS than a month into office, Malaysia's new Prime Minister Abdullah Ahmad Badawi has cracked the whip. The new premier, who took over from Mahathir Mohamad
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    • 257 11 KUALA LUMPUR Reuters MALAYSIA'S Matrix International Bhd said it planned to buy Asia's biggest shopping mall from controlling shareholder, gambling tycoon Vincent Tan, for RM993.90 million (*****.4 million) in an all-share deal. Matrix, a gaming firm with zero debt at end-April, will end up
      Reuters  -  257 words
    • 244 11 HONGKONG Bloomberg HONG Kong's securities professionals will be allowed to operate in China starting next year, the city's market regulator said in a release, giving them access to the mainland's stock markets. Licensed stock and futures brokers in Hong Kong will
      Bloomberg  -  244 words
    • NOTE Book
      • 72 11 Reuters [BANGKOK] The Thai stock exchange said it was submitting names of investors suspected of manipulating stock prices to the Securities and Exchange Commission this week for investigation. The Stock Exchange of Thailand president Kittirat Na Ranong said the bourse was sending the names of
        Reuters  -  72 words
      • 56 11 AFP [NEW DELHI] India ordered federal detectives to probe a USs663million legal document forging tram in which a Bombay financier allegedly bribed police and politicians, a report said on Saturday. TOe Press Trust (/India said Finance Minister Jaswant Singh ordered the probe on
        AFP  -  56 words
      • 54 11 Bloomberg [KUALA LUMPUR] Malaysia's central tank said tt has signed an agreement with the State Bank of Pakistan to boost bilataral trade using a gold-backed trading currency. The accord "represents a commitment for cooperation in the ongoing efforts to develop alternative financing arrangements", Bank Negara Malaysia
        Bloomberg  -  54 words
      • 66 11 AP [BEIJING] Chinese are breaking free ofthe wires. By the end of October, the number of mobile phone users in China reached 259.6 million, the official Xinhua News Agency said—a figure that, for the first time, exceeds the number of fixed-line users in the world's
        AP  -  66 words
    • 424 12 ASK for your complimentary copy of The Business Times on weekdays at any F&B outlet at Far East Square, courtesy of DBS (while stocks last). Far East Square has more than 35 food and entertainment outlets, including those featured here. Mima Africa Rgttmrmt and Wbw Bar
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    • 508 12 MUMBAI Tatas among the bigwigs to head into Bollywood with 130m rupee film AFP INDIA'S leading industrial group, the Tatas, is making its foray into Bollywood with a film featuring superstar Amitabh Bachchan, marking a milestone in the corporatisation of Hindi cinema. Aetbaar
      AFP  -  508 words
    • 357 12 BANGKOK Reuters NON-OPEC oil exporter Oman is interested in investing in a proposed US$72O million Thai trans-peninsular oil pipeline which will boost Thailand's aim to be a regional oil hub rivalling Singapore's. Disclosing this, Thai Energy Minister Pro mm in Lertsuridej said he
      Reuters  -  357 words
  • Page 11 Advertisements
    • 920 11 adv IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CHYE KWONG 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 abovenamed Company will
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    • 246 11 PANLAND INVESTMENT PTE LTD (In Vol. Liquidation) Final Meeting NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 50) that the Final General Meeting of the Members of the abovenamed Company will be held at the Office of M/s Wee Seng Tong Co., 1 Coleman Street
      246 words
    • 1434 11 INTERNATIONAL FACTORS (SINGAPORE) LTD MANDATORY CONDITIONAL OFFER BY PHILLIP SECURITIES PTE LTD FOR AND ON BEHALF OF PHILLIP ASSETS PTE LTD (THE "OFFEROR") TO ACQUIRE ALL THE ISSUED ORDINARY SHARES OF $0.50 EACH IN THE CAPITAL OF AND ALL OUTSTANDING OPTIONS ISSUED BY INTERNATIONAL FACTORS (SINGAPORE) LTD OTHER THAN THOSE
      1,434 words

  • Article, Illustration
    1631 12 Sambal Sambal 88,90 Telok Ayer St THE name spells spice, but with an accent on variety. Thanks to a blend of Bali and Thai influences, the full-scale kitchen dishes up de- lectable fare for lunch and dinner. Must try: the ideally textured Nasi Kuning or yellow rice ($1.80); tasty
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  • WORLD news
    • 561 13 WASHINGTON It overstated profit by US$1b in 2001, understated earnings for other years by over US$6b Reuters FREDDIE Mac has, for the first time, revealed details of its earnings manipulations in recent years, including billions of dollars of overstatements and understatements. The long-awaited
      Reuters  -  561 words
    • WORLD Watch
      • 101 13 Reuters [LONDON] British media tycoon Richard Desmond has financial backing for a possible bid for Hollinger International Inc's Telegraph Group, The Sunday Times newspaper reported yesterday. The paper said Mr Desmond, whose privately-held Northern Shell owns Express Newspapers as well as adult titles such as
        Reuters  -  101 words
      • 77 13 Reuters [SEOUL] LG Card Co, South Korea's biggest card issuer, said yesterday that its cash advance services were completely suspended, signalling the company's insolvency may be unavoidable without outside help. LG's cash reserves at 17 banks have dried up and it is unable to put
        Reuters  -  77 words
      • 126 13 Bloomberg [TOKYO] Japan's financial services minister, Heizo Takenaka, says the government can inject funds into regional banks should it be necessary to prevent a financial crisis. "There isn't anything written in the deposit insurance law that says it applies only to mega banks," said
        Bloomberg  -  126 words
    • 356 13 MINNEAPOLIS Reuters INFLATION is unlikely to pick up next year and as long as it stays quite low, official US interest rates can stay low as well, Minneapolis Federal Reserve president Gary Stern said on Friday. "I don't expect to see any material acceleration of
      Reuters  -  356 words
    • 883 13  -  NEWS ANALYSIS Rise not due to terrorism fears alone; theories include G-7 using it up to induce inflation expectations From Anthony Rowley tn Tokyo THE price of gold pushed briefly above US$4OO an ounce last week, for the first time since 1996, and as
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    • 746 14 ATLANTA Stock indexes are enlightening, although less than perfect NYT SO FAR this year, the US stock market has risen: (a) 16.9 per cent (b) 18.9 per cent (c) 45.3 per cent (d) none of the above (e) all of the above. The
      NYT; REUTERS  -  746 words
  • Page 13 Advertisements
    • 1047 13 A THE MITSUBISHI TRUST MTF(n AND BANKING CORPORATION MtwboM Tokyo Financial Group I (INCORPORATED IN JAPAN WITH LIMITED LIABILITY) Consolidated Balance Sheets Consolidated Statements of Operations As of March 31, 2003 and 2002 For the years ended March 31, 2003 and 2002 March 31 March 31 March SI March 31
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  • Page 13 Miscellaneous
    • 296 13 CRYPTIC CROSSWORD 6 Are^ always 4 having 8 English repeats of Die Re- < WM dermaus? That's crazy! (4) thugs' (10) 9 7 H(M^ck others after j| MM [j j] 11 His access to the garden was 8 for treat- |HH jBITM jflj| 12 What you caH a fox today
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  • 6191 14 Week ended: Nov 21 S24* Td MM Weak la«tQ«>». GfOtr Mr 6>tW MM W> ■STueiCada Cmmmr M.W- WW W l» M Cm »wt»a Mi 39.5 5834 A-Sonk 40.5 -6 8592 <6.5 39.5 40 405 14 1143 I 5 too MManllfiSfc 12 3.4 138J 325 9 1500 ACEDynar»cs20c _.21.5
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  • 63 14 S-M M U« Ml «Mb LMQM ftOhr M* CrVM Nat MCm Cumm W- rw t— Mhr cw m ia 1710 n 6065 Dumon* US2060»d 2120 3750 3M0 60*> SOJUSTadl -UBM* 6097 BMSOSpoic USSS5 6101 I5SW500 USS270 9650 9S50 (170 SK)« USWSO mt 1230 GB snnriao km -75 i»
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  • 1767 14 JHft M LaM M M LI Q—M Mfc Ohr CitM MM HCa U» C«*» C— »T SM» W- ***** «N» I— Cw EE M X 75 5000 AWHtdgjSc 175 -1 399 195 17 175 IS 334 42 119 2101 AfOiSc- 27 2 5 2530 29 26 265 27
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  • 220 14 M ijg M M La* OHM MM* Ofcr CrtM M MC* ■ifMi c—« Mi w- f w* u. IWH*I r* ESSES** 1 183 1R 2«SJ "S MK1700 240 CJ C-7 3 «K5 95 60 6003 195 7 |J ,*J S i^°:==i==:^ 5 20. «i Jj jg 6006 MK
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  • Page 15 Advertisements
  • BizIT
    • 645 15  -  IT comment INFOTECH S'pore's interest should not be In the digital movie per se, but in reselling It to the rest of Asia, if not the world raju chellam ON Dec 28,1895, the first paid public performance of a motion picture was held at the
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    • 309 15 UK-BASED Sendo is re-en-tering the Singapore mo-bile-phone market after a flurried venture here with Virgin Mobile in 2001. It is marking its comeback with a new smartphone, the Sendo X. The company said it has invested close to US$2O million since April last year in its
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    • IT TAKES
      • 84 15 CISCO Systems has announced the Cisco Network Admission CoiffrolprogFam to address the increased threat of worms and viruses to networked businesses. A key component, Cisco Trust Agent, determines the security status of a computer before access is given to the network. The programme was developed in conjunction with leading anti
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      • 69 15 PHILIPS has launched a new DVD recorder/piayer, the DVDR7S. Featuring the DVD+RW recording format, the DVDR7S allows users to copy videotapes and record programmes from TV directly for up to six hours. Analogue video can be recorded with the component video input feature. All analogue
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      • 70 15 Mi II ft aJUm. m oAA mwromm oooro woooo bop puu MICROSOFT Singapore will sell 2,003 copies of Microsoft Office Student and Teacher Edition 2003f0r $99eachon Nov 29 at the Sitex exhibition at Singapore Expo. This fecial offer will be available at the Microsoft booth at Sitex from 4 pm
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      • 74 15  - ——A uncial <hhol km Bw WMP» Compiled by Amit Roy Choudhury MICROSOFT has launched a special promotion for small and medium-sized businesses (SMBs) in Singapore who purchase licences of Microsoft Office Small Business Edition 2003 via Microsoft's Open Licence Programme (OLP). Any business purchasing six OLP licences of Microsoft Office
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    • 126 15 Reuters [FRANKFURT] Chipmaker Infineon AG will restructure its wireline telecoms unit and does not rule out job losses. "We have room for manoeuvre, particularly in our wireline business division," Infineon CFO Peter Fischl told Germany's Boersen-Zei-tung business daily. "There is still some restructuring to be
      Reuters  -  126 words
    • 349 15  -  They are aimed at large enterprises and SMB market By Amit Roy Choudhury HEWLETT-PACKARD (HP) has unveiled what it calls its "next chapter" of imaging and printing products and services for large enterprises and the small and medium business (SMB) market. Jessie Quek, general manager,
      349 words
    • 322 15  -  By Raju Chellam JAPANESE giant Sony Corp last week announced new extensions to its Micro Vault range of portable storage devices with three new models. Sony's Micro Vaults connect to a computer's USB port, work with PCs and Macs and are available
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    • 723 16  -  BT exclusive It is seeking to corner 5-10% of the market, writes Tang Weng Fai Tang Weng Fai Telecommunications services provider MediaRing Ltd has ditched its free-wheeling dotcom heritage to become a full-fledged telco for managed Voice over Internet Protocol (VoIP), offering enterpriseclass
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    • 379 16  -  By Amit Roy Choudhury AVENTAIL Corp. a provider of remote access and appliances for enterprise networks, has set up its Asia-Pacific headquarters in Singapore, saying that increased security concerns of companies in Asia has prompted it to beef up its presence in the region.
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    • 280 16 US subscribers may discard millions of phones from today NYT [ATLANTA] Millions of cellphones, chargers and other accessories are likely to become instant waste beginning this week as people take advantage of a new rule allowing them to keep their phone number when they switch
      NYT  -  280 words
    • 79 16 AP [WASHINGTON] The House overwhelmingly passed legislation early on Saturday intended to reduce the glut of junk e-mail messages. The Senate is expected to quickly foUow suit this week. The antispam measure would make mass e-mailers liable for civil fines of up to US$25O
      AP  -  79 words
  • 508 15 Week ended: Nov 21 Mp>vk vote wd»wi»t OJ» £«to I a ts a a aasg s|s snaK, is sr 18 jgficMifc on i*i« <mm MgM» m tS «m N& IJI UK -AMD W»t. VM fe~" .k ■'iiii,-! .jt-TiT £■>K naif. .i 'j s»— jfii —s- s-»—sa—jfist MuWInd 1M.4W 11MS7
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  • 512 15 BONDS WARRANTS M Lai m CM* tar IE c«4» c—wm Mi roM mat w n i— u* Ml AST11MM0921 -21 -4 575 1 W 1 Ul 7 JOT taalMNMIlli 14 U M l > U ti MB MnMVMBOSIO 119 4 197 1 B -1 U9 19 JM >Wkuii|IMHl9 U 1
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  • Page 16 Advertisements
    • 45 16 I reCHNOLOGY IN ACTION I M» j**- "-■?<#*• m* <T -sS. >-vmp > *~'Cv~-*-..-~- j"" f 1 >»' s -v n—• v J V. T'"rc-' vsr>~t- 7 s•* V V *s*. i Vstfi 4s i*% i s fe. i 'Hi? V N 'W 4 ..v*'" ,;r ..«*9* r
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  • SHIPPING TIMES
    • 239 17 Contributed by Simpson, Spence Young AFTER a slack period, the tankpr market has featured heavily with a number of significant sales. wniflimaßi Latona: 73J201 tdw bit 4/96 Samsung Reported sold region US $22,600,000 to clients ofN J Goulandris. Achilleus: 50,800 tdw bit 1/01 Oshima crs 4/30 ts reported
      Contributed by Simpson, Spence & Young  -  239 words
    • 214 17 wm% mm***We»21 W- W CHOfbhore 033 -082 1579 dual Hup CMS -003 SK Coaco Investment 0.55 -001 5922 CWTOrtrfcubon 0.56 -0J2 95 EastOdai 0.90 4M 783 friWitGnks 0.09 401 656 GSAoUngi 0.64 -003 55 JayaHoUngs 0 76 -0.01 4063 K1 Venture.. 023 iash 1433 KaapatOm 530 -0.05 1445
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    • 818 17  -  Overstretched Korean port to add 30 deep-draught berths by 2011 By Beth Jinks [SINGAPORE] South Korea's Busan Port will be fully operational before April 2004, as quay cranes damaged by a typhoon are repaired or replaced by new equipment built for other ports
      818 words
    • 273 17 Bloomberg [BRUSSELS] European Union lawmakers rejected plans to increase port-ser-vices competition, bowing to labour-union concerns about job losses. The European Parliament in Strasbourg, France, voted 229 to 209 to reject the draft law unveiled in 2001 by the European Commission, the
      Bloomberg  -  273 words
    • 261 17 The development on Changzing Island, Shanghai will be the world's biggest [SINGAPORE] Construction of what is planned to be the world's largest shipbuilding centre has begun on Changxing Island, Shanghai. The ambitious project begins with construction of a 9.1 km causeway linking the Xinkai
      261 words
    • Article, Illustration
      35 17 AFP [GENOA] Costa Fortuna, the largest cruise ship euer built in Italy, ismoorvdat Genoa's harbour. Costa Fortuna, which was inaugurated on Saturday, is272metres long and 35 metres wide and has 1,358 cabins. —AFP
      AFP  -  35 words
    • 331 17  -  Solid institutions in UK and Singapore should train staff in key seafarer source areas: researcher By Beth Jinks (SINGAPORE! Resourcestretched seafarer training institutions in the world's key crew supply countries would benefit from closer collaboration with established schools including those in Singapore
      331 words
    • 781 18  -  LINER SCENE By David Hughes THE confident mood of the big lines continues, as much better results come in for the third quarter of this year. It is interesting, though that Regional Container Lines (RCL) has felt it necessary to point
      FILE PHOTO  -  781 words
    • 195 18 PAGE Austral AL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 •CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 Crocodile Line „..4 CWT Globelink ...4 Del mas 4 Dongnama 3 EP Carriers 6 ECL 3
      195 words
    • 11423 23 thebusinesstimes EXPORT ETA ETA Adv*rthar Vassal Voy*9* Ttfcptoxw ETA ETA AOv*fttsac V M >« Yov*»* TaM^ona SIN Dwfn Hot* Nam* Nunbf Numtm SIN ISTSTm B/B H/B B'tang Mat B SCRIA V0JZ7E 45-******1 lb ABIDJAN (ABJ) 2003 Cot* D'I voir* B/B ff/B POZ/TJS «hock 3037 4S422IB3J C|£s£T ASTARKKMERS OWW
      11,423 words
    • SHIPS IN PORT
      • 492 25 V«wt Voy Mo Bfth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BEST PESCADO 6 J5 A/SIDE 24/11 0600 DAXIN 004 J18/19 A/SIDE 24/11 0300 DEL CARHER 346E J16/17 A/5IDE 24/11 0400 KEN TEN UC153 J22 A/SIDE 24/11 2300 M CHIANGMAI 19 J9 A/SIDE 24/*****0 MARCOPOLO 24 05/03J J13 A/5IDE 24/11
        492 words
      • 1592 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Vwy aeq Hmttr ACX MAGNOUA 071S 071S 1 25/*****3-0700 *****003-1700 T03 ACTBAfHB WMN 064N 1 **********00 2V11/2003-2130 TOB AMNADABB m 096 1 2601/2003-15:00 *****003-0800 ALBH YAL014 YAI014 1 2501/2003-15:00 *****003-0800 fil lAHfft SHAW 301N
        1,592 words
      • 130 25 Novas Singapore: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Dae B Thailand: King's Birthday. DM 10 Thailand: Constitution Day. DM 23 Japan: Emperor's Birthday. DM 30 Singapore: Christmas Day. Philippines: Christmas Day. Malaysia: Christmas Day. Korea: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Brazil Christmas Day. Brunei:
        130 words
      • 788 25 THIS report, compiled by Cockatt Marine Oil Ltd, show* price ranges in US dollar* instead at tingle price* tor a more comprehensive description at the market. Price* shown are baaed on averagesued stem. Market movement* are lndi cated. The Cockett Bunker Plice Index change and the
        788 words
      • 446 25 total Wv2Q D*nirty Motor hsKw AtlUUiiBBm StMmirt hM KVW1 %M/M W/M WW tSO/Omac Limits Spec £25 991 10 HO 0.10 N 0.10 Spot MS 991 10 18.0 0.15 80 0.W Worttwm Euro* »0 A w WW 01 iU 004 Si 002 180 MB 909.7 0.7 14.9
        446 words
    • AIR & LAND transport
      • 467 26 Under new rules, manifests must be sent hoars before arriving or leaving Reuters [WASHINGTON] Advance shipment details must be sent electronically to authorities before the goods arrive in or leave the US, according to new cargo security rules announced by
        Reuters; FILE PHOTO  -  467 words
      • 326 26 Aircraft maker is getting lowest orders since 1996 as demand slides AP [SEATTLE) US aircraft maker Boeing issued 60-day layoff notices to about 340 employees, an indication that it may continue cutting jobs in its commercial airplane division into next year. Most of the
        AP  -  326 words
      • 218 26 AFP [HANOI] Vietnam Airlines has begun direct flights between Ho Chi Minh City and the South Korean city of Busan in response to growing business ties between the two countries. The state-owned flag carrier made its inaugural flight to South Korea's second biggest
        AFP  -  218 words
      • LOG Book
        • 84 26 Bloomberg [FRANKFURT] Fraport, the owner and operator of the Frankfurt airport has taken legal action against an unidentified person in connection with information being leaked to the media about the company's terminal project in Manila. Information was given to the media that gave the impression
          Bloomberg  -  84 words
        • 114 26 Reuters [NEW YORK] A London-bound Virgin Atlantic Airways plane was turned back to New York after a passenger found a note that said there was a bomb on board, but it turned out to be a hoax, officials said. Thursday midnight Flight VSOIO to Heathrow
          Reuters  -  114 words
      • 1713 26 cmr man eta man no IB MT3* MB Dm (40 so«u ano cmos 0220 Mrta MO MM QT» 22 2S "SS ,:J£ zz emu mo ems ojb °Sl tM» wo I—, na fraafcrt mm Ota urns m» JOM 0(55 ai* 1475 Aactlai EM05 0105 EMM BOO
        1,713 words
      • 56 26 [WHEELING, Illinois] A small, private single-engine plane prepares to land at Palwaukee Municipal Airport in Wheeling, Illinois. The General Accounting Office (GOA) the audit, evaluation, and investigative arm of Congress—has expressed concerns with the vulnerability of general aviation airports claiming there are fewer federal guidelines for security
        56 words
      • 306 26 It will fly from Warsaw to London on Dec 15, expand network next year Reuters [WARSAW] Polish low-cost airline Air Polonia will launch its first flight from Warsaw to London on Dec 15, offering a minimum return price of 282 zlotys (Ssl2s) including
        Reuters  -  306 words
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    • 514 22 WifWiWlnGtm i37N w-30/ii 04-07/12 IJ-M?| '3* 02-03 on/12 H-imji ■IMUBtiGU MIDGE 139* OHJ7/12 13-14/12 20-21/12 1 I«M w 10/12 17-11/12 23-24/121 S owl! SS/12 w^il/121 ■jgUIHUSMI 145 02-02/J 2 08-10/12 19-19/12 BQQ3|v«BSIMTK 590 21-21/11 03-05/12 IMS/121 rnIWRM OfTtAL 004 04-05/12 09-11/12 17-11/12 1M H27/II 29-0?/12 SS/121 BBMIMfftBSTOWa 271 30-03/12 QS-07/12
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    • 850 22 111 ,i|, r 1 THrwft'Vl i FREICHY LINKS EXPRESS PTU.TDit |i 51 Fenjuru Road, 3 Level, J Freight Links Express Logisticentre, Singapore *****3 8 Tel: *****511 Fax: *****577 E-mail: flesin@sinqnet.com.sq I LCL SERVICE TO JAPAN/INDONESIA/PHIUPPINES/CHINA •OSAKA KOBI CIBU •JAKARTA YOKOHAMA NAOOYA SURABAYA MANILA TOKYO SHANGHAI ALL AT USD 1 .00/SHIPMINT
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    • 96 23 Deutsche Post (fct MAIL LOCtSTKS FINANCE You can now transport heavy goods swiftly and securely to their final destination, for much less than you'd expect. Whether you're importing components or exporting finished goods, you'll benefit from our wide range of innovative and flexible services that make DHL Fast Forward the
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  • Page 25 Miscellaneous
    • 123 25 MW—M v «v' FOR 7AM 24 Nov 2003 v "^EWEBBBBSSBiilW^^^^^^^^BHß^iß^^^^^M I Issued by Meteorological Service Division.NEA LEGEND: K Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds R a j n 1 One half flee he represents 5 knots Cloudy Day —One
      123 words