The Business Times, 15 December 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 MITA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE Internet: nttp://business-times.asial .com.sg MONDAY, DECEMBER 15, 2003
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  • 1060 1  -  Analysts temper long-term bullishness with short-term caution From Andrew Marks in New York CHRISTMAS came early on Wall Street last week, as the Dow Jones Industrial index broke through the key psychological barrier of 10,000 on Thursday, the first time it has reached
    Source: Bloomberg; AFP  -  1,060 words
  • 61 1 Week Change ST1 1727.73 h±~t KLSKCOMP 7911*4 -4% NIKKEI 225 lOIWMtf 203*0 HANG SENG _I2t»4.42 «279.«9 SET INDEX H74.45. »RlN JAKARTA COMP-S5&74 »1H.7I| MANILA COMP .1383.32 »37.»:> TAIPEIWPI _5858;*2 -4173 SBMLOI.MP MOtiOK 16.67 SHKNZHKN B SIS rttI AI'ST ALL OKI) ..3216.311 -15.80 DOW JUNES ***** 16 I79.4M NASDAQ 1949.00
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  • 78 1 FOREX RATES US$ S$ CSS |SS perl'SS) 1.712 S(ISS/SS per S) 1.749 2995 El ROO'SS/SS/K). 1.225 ***** YKN 197.9 KM IBM 2.219 HKS 7.70 45.14 BAHT 39.W> 23 IB RI'PIAH 8.4S3 4.955 RENMINBI h.299 4.H47 INDIAN RI'PKE 45.53 26.59 AS 1.:M9 U.7H8 m 1.54.1 MM PRIME RATES SINGAPORE* 5.25
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  • 422 1 Former president caught near his hometown Tikrit [LONDON) Global stock markets are poised to get a boost when trading resumes today following the capture of former Iraqi President Saddam Hussein, analysts said yesterday. US troops captured Saddam near his hometown of Tikrit on Saturday.
    EPA  -  422 words
  • 858 1  -  COMMENTARY Geography, demographics, economics hide the real differences with Europe, US markets, says Vikram Khanna Vikram Khanna On paper, and in many ways, Asia is a paradise for no-frills airlines. But a few reality checks are needed before anybody can conclude that this brave
    858 words
  • 576 1  -  Growth reminiscent of European hedge fund fashion in 2001 From Neil Behrmann in Ixmdon MORE than 100 Asia-Pacific focused hedge funds have been launched this year, with a sizeable proportion having been initiated in Europe. According to industry sources,
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  • Page 1 Advertisements

  • NEXT page
    • 574 2  -  US$8.4b worth of deals done in '03, led by finance and insurance sector By Chuang Peck Ming [SINGAPORE] Mirroring the situation in most business capitals, the volume of merger and acquisition (M&A) deals continued to drop in Singapore this year, but with
      574 words
  • Page 2 Advertisements
    • 378 2 Southern Illinois MBA 0* Internationally Accredited by AACSB and Fully Accredited by NCACS, USA One of America's Top 25% Business Schools Free Preview Carnegie Doctoral/Research University i Dec 2003. 7.00 pm 100% taught by SIUC faculty Singapore 10th Intake Wolverhampton BA (Hons) A FVR Final Year Honours Degree in Business
      378 words
    • 91 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: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
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  • SINGAPORE companies
    • 731 3  - What does the DBS-Shin venture hold in store HOCK lock siew siow li sen Banking is so boring in Singapore. Just last week, regulators poured cold water on banks holding road shows to sell credit cards. So thank goodness for our Asean neighbours where we may possibly be entertained by
      FILE PHOTO  -  731 words
    • 675 3  -  But questions remain how venture will affect DBS Thai Danu unit By Joyce Koh DBS Bank's tie-up with Thailand's largest telecoms conglomerate to offer consumer finance to the Thai market is viewed positively by many analysts, even as they question how this latest joint venture
      675 words
    • 1293 4  -  INSIDE MARKETS Significant purchases were made in Hiap Moh, Willas-Array, CH Offshore and Pertama last week, reports ROBERT HALILI ROBERT HALILI BUYERS were more active than sellers in the second week of December. Twen-ty-two directors and substantial shareholders in 21 firms recorded 45 acquisitions, against 17 shareholders,
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    • 402 4  -  Firm says exercise will cut current liabilities to $16.8m By Kenneth Lim REPLYING to the Singa pore Exchange, loss-making L&M Group Investments says it can continue as a going concern if it successfully restructures its debts, raises working capital and generates positive cash flows in
      402 words
    • 421 4 Reuters BT SBI E2-Capital Holdings, an investment bank partowned by Japanese venture capital group Softbank Investment Corp, plans to raise $8 10 million in an initial public offering (IPO) in January, sources said on Saturday. A draft prospectus for SBI
      Reuters; BT  -  421 words
  • Page 3 Advertisements
    • 122 3 S GOOD Xt'i'snruim ihitvh Torhmk <> £k Jj- _> •*0V r Imagination is now reality C'.»» t-• M < c Ct m pi r. ri system the T i t»v o Vu't: Interface V ha»tej t' r B f »ta ,r L*i- -v ttv- n»* ,v i hf» The new
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  • Page 4 Advertisements
    • 344 4 ggfjlg BT highlights a blue chip every week, tracking how it fares in terms of its corporate and stock performances. Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KEYWARE SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (COMPANY NO. *****0458E) FINAL MEETING NOTICE IS
      344 words
    • 371 4 IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF CONTECH REMEDIAL ENGINEERING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETINC NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50,1994 Ed), the Final Meeting of the
      371 words
    • 480 4 In The Matter Of The Companies Act, Cap. 50, Section 291(1) And In The Matter Of Rhymtech Engineering fte lid (Company No. *****4323E) Statutory Declaration By Directors of Company's Inability To Continue Business By Reason Of Its Liabilities I. UM KWEE HIONG of 83 Whampoa Drive #10-292, Singapore *****3 (NRIC
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    • 285 4 the: bankruptcy act iw (ACT IS OK ***** THU BANKRUPTCY RULES 1995 in the: subordinate: courts ofthe: republic of SINGAPORE: IN BANKRUPTCY RE: lIOW Pt CK KIANG (NRIC NO. *****112/F) KX-PARTK NG KIM SKNG ADRICH (NRIC NO SI *****5/1)1 T/A JETSFEED CRKDIT KNTERPRISKS (CO. RHGN NO. *****8001. > STATUTORY DKMAND
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    • 299 4 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 JUBILEE LEISURE(S) PTE LTD (In Members' Voluntary Liquidation) AT AN EXTRAORDINARY GENERAL MEETING ot the abovenamed Company duly convened and held at 400 Orchard Road 16-06 Orchard Towere Singapore *****5 on Wednesday, the 10th day of December 2003 the following Special
      299 words
    • 102 4 THE COMPANIES ACT, CAP. 50 EXCELER MARKETING PIE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 308 of The Companies Act. Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 711 Geylang Road #03-04. Singapore *****6 on Thursday. 15th
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  • Page 5 Advertisements
    • 211 5 v U Located on the Southern tip of Malaysia, just 17 miles from Singapore, Senai Airport benefits from a modern rail and road network, a world class IT infrastructure, and a lower cost of operations. Climb On Board With freight capacity increasing to 2 million tons and passenger capacity expanding
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  • SINGAPORE markets
    • 775 6  -  BT comment STOCKS r. sivanithy IF you were to ask the average stock market player where blue chips are headed in the next couple of weeks, the answer would in all likelihood be "up". Not that it takes much ingenuity to come up with
      Source: Bloomberg  -  775 words
    • 428 6 Mt—in tx Hrwti r«y— (cts) djt» ciav* date ■k J i i» > mia i&o«: ivok AM trgj J* 2S1 *WK: »0e »0B <f>MU I 14N (DM »'M WW latMaicik i uiesMTi in* wo* «i» AHhMMUer k 1STE 010k 31 Cat I.'Ob JmbbmUc »CTi n -OK I*OK ]M>
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    • 585 6 Bat dealers say fears of BOJ intervention will stem farther sharp yen rises AFP [HONG KONG] The weakening US dollar helped regional currencies to surge last week, with the yen briefly hitting a three-year high and the Australian dollar at its strongest
      AFP; REUTERS  -  585 words
    • 87 6 Events investors can watch out for SMC Capital's Rights Issue, •x-dats, Dec 18 New Listing of Metal Component Engg, Dec 15 Now Listing of Hl-P International, Dec 17 Hartford's dividend payment, Dec 15 Jaya Mdgs's dividend payment, Dec 15 AV Jennings dividend payment, Dec 16 Kyodo-Allied's dividend payment,
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    • 992 7  -  BT portfolio STOCKS teh hooi ling HE analysts' upgrades portfolio stayed the most resilient amid the general softening of the market last week. It slipped just 0.7 per cent, slightly more than the 0.3 per cent decline in the Straits Times Index.
      992 words
    • 266 7  -  HOT STOCK WARRANT By Ven Sreenivasan IT has been a challenging few weeks for new initial public offerings. Although well subscribed, many have not put up a very inspiring performance after listing. Bright Orient (Holding) is one of the newly listed stocks which
      Source: Bloomberg; Source: Kim Eng  -  266 words
  • 153 6 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Dec 12 VALUE CLOSE BT OB/OS -381.00 -243.00 BT CAW -*****.00 +47.00 BT 10-day MA 38.00 All-SG Equities 465.22 +1.42 SG Equities Elect 173.30 +2.98 SG Equities Fin 1460.02 +1.56 SG Equities Prop 428.81 +2.70 MSCI Singapore 211.83 +0.69 SiMSCI
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  • Page 7 Advertisements
    • 30 7 We focus on the emerging listed small caps which have potential to be tomorrow's blue chips. The pieces discuss the fundamentals and the outlook of the small caps. TheßusinessTimes SINGAPORE
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    • 93 7 wmOP%BT is A J®M .y^ "M®BMPIKZS Yule love what we have in store for you this Christmas Treat yourself to a host of Christinas goodies from choeolatc log cakes to pancttoncs; 4^% gingerbread to mince pics. And don't forget our yearly hot favourites like "S^p" roast lamh, beef and turkey,
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  • SINGAPORE news
    • 407 8  -  Consultant claims SP Services' own contractual failings led to project delay, billing botch-up By Tang Weng Fai TUI Consulting Asia is countersuing Singapore's largest electricity retailer SP Services for $3 million in outstanding payments and unspecified damages to be determined by the court. Last
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    • 307 8  -  EYE on the economy By Kenneth Lim EXECUTIVE hiring, led by the demand for engineering executives, rose 49 per cent in November from a year ago. The Executive Demand Index, which tracks job advertisements in The Straits Times, shows demand for all
      Source: EL Consult Singapore  -  307 words
    • 729 8  -  Thirumalai Chandroo is now set to open 100 pre-school centres in India By Daniel Buenas AT the age of 25, Thirumalai Chandroo was earning between $20,000 and $25,000 a month as an encyclopaedia salesman for a large publishing company. That was in 1980.
      PHOTO BY ARTHUR LEE  -  729 words
  • Page 8 Advertisements
    • 287 8 DESIGN STUDIO FURNITURE MANUFACTURER LTD (THE 'COMPANY-) (Incorporated in Singapore) NOTICE OF BOOKS CLOSURE NOTICE IS HEREBY GIVEN that subject to the approval of the shareholders at an extraordinary general meeting of the Company to be held at 8 Sungei Kadift Crescent, Singapore *****2 on 30 December 2003 at 10.00
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    • 92 8 *r—« k i Wh*n you won! a p*rf*ct »tort to th* r*it o( your Ht*. Im<« H to th* uptiltl Call our HOTLINE *41* 1033 to «p*ak to out Wtddlng Plann*r» and find out how you can hav* a p*r»*ct wedding calibration light h*r*l H*av*nty M» &anqu*t Chotc* ot Scour**
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    • 83 8 —j $5.80 Nett Per Item \E With I Ktl Choice ol )ne ontf/Tpj/Soh Drinks cm Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sauteed Chicken with Chinese Sausage It's Time All Day Mugfr t-1.00 nrtl r*h Jug'" 515.00 nrtl
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    • 5 8 EM H jH V P'Vi
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    • 40 8 MERITUS MANDARIN SINGAPORE It&apsmy Semi-buffet Lunch-. 100 12.00 noon to 2.30 pm 14 ttn Monday to Friday. rfj $38+++ per person Irvoltmi Reservations: 6831 6258/88 MERTTUS mandarin 333 Orchard Road. Singapore *****7 Tel: +65 6737 4411. Fax: +65 6732 2361.
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  • REGIONAL news
    • 837 9 NEWS analysis Asia may be slowing its buying of US assets and looking elsewhere to invest with far-reaching consequences Reuters ARE Asian central banks selling out of America? Asian central banks have built up foreign exchange reserves massively in recent years perhaps excessively, according
      Reuters  -  837 words
    • NOTE Book
      • 175 9 AP [MANILA] The Philippines yesterday mourned the sudden death of Foreign Secretary Bias Ople (above), a key ally of President Gloria Macapagal Arroyo. Ople, 76, died of a heart attack in Taipei, where the Japan Asia Airways plane he was flying from Tokyo to Bangkok landed
        AP  -  175 words
      • 101 9 AFP [NEW DELHI] India's largest drug company, Ranbaxy Laboratories, is to acquire part of the Franco-German pharmaceutical group Aventis' generic drugs business in France for an undisclosed amount, Indian and French sources said yesterday. Ranbaxy has already signed the agreement, which would boost
        AFP  -  101 words
      • 122 9 Bernama [KUCHING] Malaysian Prime Minister Abdullah Ahmad Badawi said yesterday there should not be any imposition of conditions on Employees Provident Fund (EPF) contributors not to withdraw their savings in a lump sum upon reaching the age of 55. Mr Abdullah said the
        Bernama  -  122 words
      • 115 9 Bloomberg [MANILA] San Miguel Corp, the largest Philippine food and beverage company, may post its biggest quarterly profit in five years, boosted by beer sales at home and abroad. Profit in the fourth quarter may climb 18 per cent to 2.45 billion pesos (5575.6
        Bloomberg  -  115 words
      • 108 9 AFP [MANILA] Two opposition candidates for May's presidential elections in the Philippines said they agreed at a secret meeting Saturday that only one of them would stand against President Gloria Arroyo. Movie star Fernando Poe and former national police chief Senator Panfilo Lacson agreed in
        AFP  -  108 words
    • 713 9  -  BT comment MALAYSIA Latest moves make sense, but conspiracy theorists speculate there's more involved diana oon abdullah LAST week, the government announced it had decided to "postpone indefinitely" the RM14.5 billion (556.5 billion) railway double-tracking and electrification project, until a time when it
      713 words
    • 146 9 BEIJING AFP CHINA'S insurance market, which is only about 10 years old, is witnessing fast growth driven largely by the lack of a social safety net in the country, but the market has a long way to go before reaching maturity, analysts said. Insurance companies
      AFP  -  146 words
    • 228 9 KUALA LUMPUR AFP MALAYSIAN Prime Minister Abdullah Ahmad Badawi must convince neighbouring Singapore to cooperate in building a new bridge linking the two countries, an MP was reported as saying yesterday. Malaysia has pledged RMl.l billion (Ss49o million) to build a
      AFP  -  228 words
    • 502 10 HONG KONG Report says China Construction Bank could sell US$5b of stock next year Bloomberg CHINA Construction Bank, the nation's third-largest lender, plans to sell US$5 billion of stock as early as next year, vying to become the first of China's big
      Bloomberg  -  502 words
    • 731 10 Apprehensive people like Marc Faber say that the craze for IPOs is a warning sign that the rally's days are numbered Bloomberg INVESTORS such as Marc Faber see the demand for China Life Insurance Co's US$3 billion initial public offering (IPO) and
      Bloomberg  -  731 words
    • 493 10 BOMBAY Reuters AN ongoing boom in housing loans in India could be setting the ground for an asset bubble in later years if banks do not price their loans correctly and take proper documents, a central banker said on Friday. Vepa Kamesam,
      Reuters  -  493 words
    • 415 10 BOMBAY Investors drawn by impressive corporate earnings Reuters INDIA'S foreign exchange reserves stood at a record U5597.5 billion on Dec 5 and analysts forecast the pile will touch US$lOO billion by the year's end as investors pour money into the country's
      Reuters  -  415 words
  • Page 9 Advertisements
    • 866 9 o|j^^^|^Q^J|^^^dvcrtisc^inolUrrMBO^2m<«2^^nai^iotic«esp^o^s^ HESHE HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twenty-Seventh Annual General Meeting of Heshe Holdings Limited will be held at 9 Tai Seng Drive #06-01, Heshe Building, Singapore *****7 on Wednesday, 31 December 2003 at 10.00 a.m. for the following purposes ORDINARY BUSINESS
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  • Page 10 Advertisements
    • 857 10 |^^Qg££££j^^|^^^To^vertisc^c4^tonjrec^Mo2B9^2^^mail^iotkes@sphxon^sg SHING INTERNATIONAL HOLDINGS LIMITED J (Incorporated in Bermuda with limited liability) NOTICE OF SPECIAL CENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of WAH SHING INTERNATIONAL HOLDINGS LIMITED (the "Company") will be held at Prince 5, Level 13, 141 Market Street, #01-00 AEC Centre, Singapore *****4
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  • Page 10 Miscellaneous
    • 343 10 CRYPTIC CROSSWORD 1 Accumulating money, Darling, is a redeeming feature! a party LJ LmJ LmJ 10 Former artwork is additional H| BH aflj IH 11 The way a New Zealand am- 11 I I I I I I I I ateur creates verse (6) fIU Told to buy reaping equip-
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  • WORLD news
    • 432 11 NEW YORK Reduction in mutual fund fees also being discussed Bloomberg ALLIANCE Capital Management Holding LP may pay US$25O million to settle US Securities and Exchange Commission (SEC) allegations that it allowed favoured clients to frequently trade mutual fund shares, eroding returns of
      Bloomberg  -  432 words
    • 104 11 NEW YORK Reuters INVESTORS are continuing to add money to stock mutual funds and junk bond funds, as the stock market hits 2003 highs, according to AMG Data Services. Investors added a net US$l.B billion to US stock mutual funds in the week
      Reuters  -  104 words
    • 437 11 WASHINGTON Reuters Bloomberg PRESIDENT George W Bush has called for a strong US dollar and suggested a strengthening US economy should lend support to its value, which had touched record lows against the euro. The president made his comments last
      Reuters; Bloomberg  -  437 words
    • 48 11 [WASHINGTON] President George W Bush and First Lady Laura Bush posing for their official Christmas portrait in front of the White House Christmas Tree last Sunday. This year's holiday theme at the White House celebrates children's storybook characters with "A Season of Stories". AP
      AP  -  48 words
    • 214 11 MUNICH AFP, Bloomberg FORMER German media magnate Leo Kirch is to sue Deutsche Bank for six billion euros (5512.6 billion) for making public comments on his KirchGruppe's creditworthiness that he alleges hastened its collapse, a source close to the group said. "It could
      AFP,; Bloomberg  -  214 words
    • 870 11 COMMODITY WeeklyRoundup AFP (LONDON) Gold prices soared to their best level in eight years as the continued weakness of the US dollar made the metal an increasingly attractive proposition. Meanwhile oil prices saw another week of modest gains, mainly after forecasts of more
      AFP  -  870 words
    • 674 12 DUBAI Iraq could thus boost supplies to world markets, affecting oil prices Reuters, Bloomberg THE capture of Saddam Hussein might lead to fewer sabotage attacks along Iraq's vital northern oil pipeline and allow Baghdad to boost supplies to world markets, affecting oil prices, a
      Reuters,; Bloomberg; AFP; AP FILE PHOTO  -  674 words
    • 525 12 PARIS Worsening political rifts of recent years make an accord very unlikely Bloomberg LEADERS at a European Union summit in Brussels, Belgium, failed to agree on Saturday on a proposed constitution intended to reduce disproportionate voting clout wielded by medium-sized countries, exposing
      Bloomberg  -  525 words
    • 414 12 BRASILIA AFP A COALITION of developing nations and the European Union, which clashed recently over contentious farm subsidies, made a surprise joint call on Friday for a speedy resumption of global trade talks. Officials of 19 of the 20 nations of
      AFP  -  414 words
    • 650 12 BAGHDAD Reuters SADDAM Hussein's capture yesterday ended a US hunt for the man who ruled with an iron fist for 24 years and launched two wars before being ousted this year by US-led forces. Until he was captured in his
      Reuters  -  650 words
    • 664 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. Beppu Menkan Japanese Noodle Restaurant a
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    • 381 13 Schwarzenegger's fiscal reform package overwhelmingly endorsed ATT, Reuters [SACRAMENTO, California] Governor Arnold Schwarzenegger on Friday claimed the biggest victory of his young political career, when state legislators approved a fiscal reform package that will be placed on the state ballot in March. California officials
      ATT,; Reuters  -  381 words
  • 699 11 FINANCE COMMODITIES Week ended: Dec 12 SINGAPORE GOYERIfMEltT SECURITIES PfPICATIVE PRICES AMP YIELDS Its— Cwpw Matwtty Lattst YitM lis— C—pw liatftty litest TM< M*****0H 3.5 01 FEB 2004 B 100.37/A 100.42 0.652/0.275 NX*****H 5.625 01 JUL 2008 B113.05/A 113.1 2.565/2.554 N*****1T 3.375 15 MAY 2004 B 101.1/A 101.15 0.731/0.612 NX*****S
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  • 6 13 Week ended: Dec 12
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  • Page 13 Advertisements
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  • CORPORATE governance
    • 1370 14  -  Ravinthran Arumugam Corporate transparency comes with a cost but the benefits it brings to a company are greater, writes Ravinthran Aramugam THE idea of corporate transparency in Singapore was first seriously mooted by the Disclosure and Accounting Standards Committee (DASC) in its
      AP  -  1,370 words
  • 1610 14 mmmmmmmmmmmmmmtmiimmmmmmmmmmmmmwmn»»—mmm »nwm« iimMnu'wn nnnnw» mniw »nwi^w»i»wpw<fiii SICOM FUTURES Dec 12 RUBBER Futurw (Closing prices) RSS1 (S centsAu) Close Volume Open Month High Low Sett (tonnes) Interest Jan 04 218.00 Feb 04 218.75 Mar 04 219.50 Apr/Jun 04 222.00 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes)
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  • BizIT
    • 893 15  -  Facing stiff challenges, it hopes to turn the tide with its 3G network innovations and targetted marketing. Tang Weng Fai reports Tang Weng Fai IT WAS no coincidence that Ericsson held its Strategy Technology Summit in Beijing last month. The Swedish telecoms equipment giant recognises
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    • IT TAKES
      • 95 15 SINGAPORE Telecommunications has become the first carrier in the Asia-Pacific region to facilitate the cross-border digital distribution of a newly-released film. The new Hong Kong movie, Infernal Affairs 111, was distributed to Shaw Lido Cineplex in Singapore directly from Hong Kong, using SingTel's Asynchronous
        95 words
      • 99 15 SIEMENS has introduced a new phone, the Siemens STSS integrated camera phone with 4x zoom (left). It is one of the world's first integrated camera phones with a digital zoom function. Weighing just 87 grams, the Siemens STSS has an extra large TFT 65k
        99 words
      • 82 15 ORACLE has announced the availability of the Oracle Application Server lOg, which it says is the first middleware software that simplifies the management of applications running in a grid computing environment. Based on open-standards, Oracle Application Server lOg offers three editions and prices start from US$5,OOO
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      • 65 15 PALMONE has introduced the new Mini Cradle (above), a pedes-tal-style cradle that works with all handhelds from palmOne with the Universal Connector. It recharges and synchronises data through the USB port of a PC or Mac. The Mini Cradle comes with a built-in lighting and
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      • 69 15 1NTER-TOUCR, a provider of high speed Internet access for business travellers in Asia Pacific and Europe, has announced the appointment of Elektra Mararlan as vice-president, global sales and marketing. She will be based in Singapore and will focus on expanding the company's service offerings and market
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      • 47 15 MYKENAE, a developer of Web access security solutions, has announced a Security Appliance without a Box strategy. This business model, which involves partnering with leading information technology companies such as IBM, aims to offer customers quality, flexibility and reliability, according to Mykenae.
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      • 33 15  -  Compiled by Amit Roy Choudhury MOTOROLA has clarified that its new phone, the Motorola A760, will be available for $718 with a two-year subscription plan, and not $698 as it earlier announced.
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    • 504 15  -  By Zoran Kiternas PIPED holiday music, instore Santas, festive lighting, stunningly decorated Christmas trees all create a wonderful setting for holiday shopping. But it won't be these that will make holiday shopping pleasurable for consumers. Efficient supply chains may be the stuff of
      504 words
    • 252 15  -  By Amit Roy Choudhury MICROSOFT Singapore has announced its newest lineup of computing peripherals designed for the corporate environment. The company's six new wireless mice and desktop combinations have a new scroll wheel for side-to-side scrolling and wireless optical technology for extended battery
      FILE PHOTO  -  252 words
    • 804 16  -  BT exclusive It will spend US$20.45b on hardware alone, IDC's Piyush Singh tells Raju Chellam Raju Chellam CHINA'S huge influence over the Asia-Pa-cific infotech markets will get even stronger next year with the country accounting for up to 35 per cent of
      804 words
    • 366 16  -  Move aims to maximise US firm's opportunities, expand reach By Amit Roy Choudhury MOVING quickly to catch what it sees as improved market conditions in Singapore next year, Altiris, a USbased systems management solutions provider, has appointed Engineering Computer Services (S) Pte Ltd (ECSS)
      366 words
  • 736 15 Week ended: Dec 12 s am r 1 ■jo—»» a jo <no MMSk LP urn -ooia <jt IN ■>*50 -0100 ooc in 12-000 OJOO CjpftAjnd 1 JO ISO >00*6 OU 040 UN3 itv Owl tonmCsrxl At 1V itO OOJO 94 tM «0«« GiyOwrKk Z1I Sl» Food HU& OJi 1
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  • 668 15 BONDS WARRANTS Tel last Vol Com Liar 'dk Code Company Sale **r- COOP) kabo Prtta lug Loft 3698 AST1W*****1 2* 1.5 109 1 16 -1 1.63 6 3697 Acma Ltd W0411* 1 1 50 467 9 00 11 3602 Amtek W*****0 120 1 33 4 1.23 18 3603 Armstrong W*****0
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  • SHIPPING TIMES
    • 295 17 Contributed by Simpson, Spence Young Modern tankers have taken pride of place in this week's sales list, with a number of "multiple ship" deals, the most notable of which being the sale of the Niarchos Tanker fleet of 3 Modern VLCC's and 2 x 2003 built aframaxes. rttt.it
      Contributed by Simpson, Spence & Young  -  295 words
    • 306 17 SGX 000 mm a w- vol CH Offshore 0.35 unch 650 Cbuan Hup --.0.46 0.01 787 Cosco Investment 0.60 unch 2700 CWT Distribution 0 56 unch 1 Ezra HkJgs 0.89 unch 351 Freight Links .0.10 0 01 480 GB Holdings 0.66 15 JayaHoldtnqs 0 76 unch 471 K1
      306 words
    • 381 17  -  PSA unit may lose concessions if it fails to meet capacity terms, says report By Beth Jinks [SINGAPORE] PSA Corporation's Belgium subsidiary Hesse Noord Natie (HNN) and its rival P&O Ports will be forced to relinquish some of their new terminal concessions at Antwerp
      PSA  -  381 words
    • Article, Illustration
      52 17 [SANTIAGO DE COMPOSTELA, Spain] The Computer-generated graphic shows two robots as part of the definitive system to extract the oil still inside the oil tanker Prestige that sank off the Spanish coast in November 2002. The tanker spilled tonnes of oil into the sea causing Spain's worst environmental
      EPA  -  52 words
    • 399 17  -  By Donald Urquhart [SINGAPOREJ Container throughput at Hong Kong's main container terminals of Kwai Chung have slid for the sixth consecutive month with a 1.9 per cent drop in November throughput over the same period last year. According to the latest statistics
      399 words
    • 141 17 [SINGAPORE] Three seamen were missing and 22 rescued after a Philippine trawler sank following a collision with a cargo vessel in southern Philippine seas yesterday. A search is on for those missing from the Alma-4 fishing vessel, which sank before dawn off the coast of
      141 words
    • 389 17 Beth Jinks [SINGAPORE] Container shipping's accelerating embrace of the all-water route helped boost the Panama Canal's transits and tonnage to record levels in fiscal 2003. The Panama Canal Authority (ACP) said it "recognises and actively supports the shift towards containerisation" and had continued to
      Beth Jinks  -  389 words
    • 247 17  -  By Donald Urquhart [SINGAPORE) Neptune Orient Lines' liner division, APL, is doing its part in helping scientists better understand global climate change by taking part in a pilot programme to collect north pacific weather data. Three APL boxships the Presidents Polk and
      247 words
    • 895 18  -  DOCKYARD By David Hughes IT is probably safe to say the single-hull tanker phase-out debate has been settled once and for all at the International Maritime Organisation (IMO). Even if a fleet of VLCCs (very large crude carriers) were to propel themselves up
      FILE PHOTO  -  895 words
    • 3 18
      3 words
    • 3 23 THEBUSINESSTlMES
      3 words
    • SHIPS PI PORT
      • 513 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ASIA EXPRESS 198-B J7 A/SIDE 15/12 0500 DAFA 006 J18/19 A/SIDE 15/12 0300 ER ALBANY N12F J17/18 A/SIDE 15/12 1000 MARCOPO 3222 07/03J J3 A/SIDE 15/12 0630 OCEAN ROSE 54A J22 A/SIDE 15/12 1400 PRINCESS 1 J5 A/SIDE 15/12
        513 words
      • 2 25
        2 words
      • 163 25 Dec 23 Japan: Emperor's Birthday. Dec 25 Singapore: Christmas Day. Philippines:Christmas Day. Malaysia: Christmas Day. Korea: Christmas Day. Hongkong: Christmas Day. Australia:Christmas Day. Brazil: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. France: Christmas Day. Germany: Christmas Day. Indonesia: Christmas Day. Italy: Christmas Day. Malaysia: Christmas Day. New
        163 words
      • 419 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in L'S dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the
        419 words
      • 73 25 Ulf' unfHtiriMc Thto roport Is hmrt on *< MM*** DM V Prtrotawn SanricM and to an Attract from tho* men drtoUo* to* «M«ty rtotttttc. whicti l« motto* to »ort>ctoat»i« tMpownorv KortoHttor »wt»l>a»o>Mmr«MM«ln«o«yatt*calfatoimar>ra»WTCampartoan Had boon made uttli tho International Specification Umtti auMtefted b» Coma* International dot MkMini
        73 words
    • AIR & LAND transport
      • 555 26 AFP [WASHINGTON] The United States will this week reinforce its claim to be the technological superpower by reminding everyone of the 100 th anniversary of the Wright Brothers' First powered plane flight. Weather permitting, a replica of the Flyer will stage a re-enactment of
        AFP  -  555 words
      • 266 26 NYT {ATLANTAJ Delta Air Lines customers are apparently generous folks. They have kicked in almost half of the frequent-fli-er miles donated nationwide to help soldiers fly home for two-week breaks from duty in Iraq, according to the Atlanta airline. Delta says
        NYT  -  266 words
      • 140 26 Bloomberg [SEOUL] KOREAN Air Co, Asia's No 5 carrier by sales, will raise fares on all its domestic flights by 1,500 won (552.2) next month as the third-party insurance guarantee provided by the government expires in December. The airline has also asked for government approval
        Bloomberg  -  140 words
      • 592 26 Airplane maker desperately needs new plane to sell; CEO's backing publicly expressed Reuters [CHICAGO] Boeing Co's board of directors is almost certain to go ahead with the new 7E7 commercial jet, mostly because the aerospace company desperately needs a new plane to sell,
        Reuters; AFP FILE PHOTO  -  592 words
      • 223 26 Bloomberg [PURCHASE, New York] Atlas Air Worldwide Holdings, the largest US freight carrier for airlines, said it delayed a planned bankruptcy filing until Feb 1 to continue to seek agreements with creditors. The parent of Atlas Air and Polar Air Cargo also said it
        Bloomberg  -  223 words
      • 223 26 Reuters [PARIS) Dubai-based Emirates Airlines is interested in becoming one of the launching companies for planemaker Boeing's proposed new 7E7 commercial jet, a French weekly reported. Specialist magazine Air Cosmos cited several sources as saying the airline had told Boeing it would
        Reuters  -  223 words
      • 410 26 AIRLINE COOES AA Amenan Artnes(AAL) Af At trance (AFRI A 1 At Inda (AJC) A Y hnmt Oy (FIN) AZ AMaka Artnes (AZA) BA Brrbsh Atways Pubtc Ltd Co iBAMO BG Brrtan Bangladesh Attnes (BBC) Bt Royal Brunei Artnes Sdnßhd(RßA) BO Bow X) Artnes i SOU
        410 words
  • Page 17 Advertisements
    • 35 17 Boeing board may approve 7E7: analysts PAGE 10 Legal I services V Can they I II find your required by O I here in the snippers I shi PP in g M Times? owners I
      35 words

  • Page 18 Advertisements
    • 818 18 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I VBSa VOT I PKG ffA iU lIQWG KAgwiDAUASIHOOSTOWI WtfMPHIS 1 CHICAGO I NtW YO«K 11 TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PJONHHIOYDSTUYVESANT 21E51 14/12 17/12 02/01 06/01 09/01 07/01 07/01 10/D1 ytSStL VOT PRG FIE ONE STB Ml" UK PIONEDUOYD
      818 words
    • 560 18 Lines services represented by ■*m AtcnM a** M"". Jmr ?*T U Singapore Shipping Association ssoci ion CONTAINERS/ Xo\ N CONVENTIONAL CARGO kVJX Fto« ran nu*c/«HGAro«/Miuurr* t iangkok \W ETAPKL ETA SIX ETA MALE Prt»*ssUh 1103 17/12 It/12 SVI2 MaidSUr 544 IM2 2* 12 29 12 UL> MARINE SERVICES MM.APORE PboDf
      560 words

  • Page 19 Advertisements
    • 1365 19 ■BRSHPHTTIi rV —-V^—^ TO EUROPE FROM EUROPE rasa Ivoysw or rth Ant ham wv sou uh llvtssa Ivor ihm aw haw wv sou la aw I AfIREAM) 107W11/12 07/01 09/0105/01 AW CORAL lIS 27/11 29/1116/11 17/12 HYUNDAI LIBERTY 319W 22/12 09/01 11/01 13/0107/01 HYUMOBUI 3471 29/11 03/12 27/ 1 20/
      1,365 words
    • 1927 19 MONTHLY CONTAINERISED SERVICE TO SOUTH PACIFIC ISLAND OF costmTshipping PTE ltd m *«SBr m '$$$!,?i I mk tAUTOKA ful > CI NO: **********0 M TU: 6776 1100 (MAIN) INWARD (D/O) *****716 *****111/41 I PAPEETE fTAUITN T/SMPMP *****125 *****116/46 I rArCBlt (IAfIIIII JOHOR'S OfFKL CONVENTIONAL 6470 M5O *****201 I asm *GOMES
      1,927 words
    • 585 19 vessel vor sin jkt hkgTkhhThk kyh fus vessel voy sin jkt sub hug usn pus ihc HYUNDAI VLADIVOSTOK 134S 17/1? 20/12 2S/12 2t/l? 79/12 31/1? 31/1? KMTCPUSAM 31«S 21/12 24/12 25/12 31/12 3/1 4/1 10/1 HT PtOGtESS 071s 24/12 27/12 1/1 2/1 S/l 7/1 7/1 KMTC SIWGAPOKE 317S 21/12 31/12
      585 words

  • Page 20 Advertisements
    • 617 20 r% CI mi A C ENOUIRIES/BOOKINOS: *****344 FAX: *****433 E-MAIL: MmuMAm.COffl.tg V CLIVIMW DOCUMENTATIONS/OPERATIONS: *****637 FAX: *****177 NLMAI MST VHU limSJ EXPRESS CONTAMB SfItVKE TO SOWH/WBT AFRICA VESSEL VOT I SIN REUNION LUANDA POtHTI NOIRE MAT ACM LIIREVIUI AIIDJAN TEMA LOW TINCAN COTONOU APAfA DOUALA ONNE Detotts Chonirt 20/12 04/01
      617 words
    • 262 20 m VASCO MARITIME PTE LTD. OFFERS WEEKLY CONTAINERISED SERVICES FROM SINGAPORE/MALAYSIA/INDONESIA 10 INDIA NHAVA SHEVA, MUMBAI, KANDLA, CHENNAI, CALCUTTA AU CDS PAKISTAN KARACHI INLAND SECTORS, ALSO SERVING AFGHANISTAN ARABIAN GULF DUBAI, ABU DHABI, SHARJAH, BAHRAIN, DAMMAM, BANDAR ABBAS KUWAIT SOUTH EAST ASIA P KIANG, PENANG PASIR GUDANG, JAKARTA, SURABAYA, BANGKOK.
      262 words
    • 1379 20 WAN HAJ INTERNATIONAL PTC LTD aHO **********0/R a ■.■■a T1L*****5M (I4UNCS) «X:*****163 V\V4 )WAN HAI NFS C W l*. (1800) *****200 V WTMII lIMI LlllLJ naib.koiu*nuhuliosixrt?*ifwtb.win.swc hjlwi?7h»« V otra.(B7)2siwaw;io7>Bi»nisuiiß.(oJiiimcsHULmiiimn4/DiijDs www wnnhni ram <o anfcfln|SB4MlMt«n|SS4mPUim:nuM/nuu Wtnan """.""""■"'"•'i »IE;|OH)4IS7»3WHIIt))4IS*re/«l«WW atMWM IB MC iwr w m w m KO n luuiVK wis prr-?s7ir
      1,379 words
    • 84 20 REGULAR SINGAPORE VIETNAM SERVICE vessels voy n* no destination GUWNH 7/03 IN POST 10/12 VUNGTAU DONG A 01 3/03 IN PORT 11/12 OtNNHON agents IMKOV SHIPPING CO PTE LTD 39 DUXTON ma SINGAPORE *****7 TEL *****273 FAX: *****985 g WWjWgg puud 315 Ootram Road #07-08 Tm Bom Uat BoMbg Singapore
      84 words
    • 564 20 BSAi MYANMA 9H FIVE STAR LINE (Mvonaar National Um) Loadin| for Ym|m vessii voy sin pu pen pou HPA-AN 31SW SU> PAGAN 323W IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES Kill: 03-*****300 PKL 03-317M101 PEN: 04-2****** ACCEPTINS CONVENTIONAL CBO VESSB VOY HKG SIN PGU PRE KUC PtIHCISS 51 SID SLD SU) OCiENT
      564 words

  • Page 21 Advertisements
    • 1399 21 iVISStI VOY KHH HKO SIN PKI PXB »A 1 PMM MK IRAN LORE STAN PCLBOI4 SKIP SKIP 20/12 19/12 29/12 30/12 05/01 07/01 CAPCFRiO PCLBOI6 SKIP SKIP 22/12 21/12 31/12 01/01 07/01 09/01 SCA NAVIGATOR PCLSOIB SKIP SKIP 30/12 29/12 07/01 04/01 14/01 16/01 IRAN SATTARI PCLBOI3 SKIP SKIP 01/01
      1,399 words
    • 680 21 UK CONTINENT SERVICE Loading for KALMA RTM/ATW/BMN/UK/NAN ASIRAT RTM/ATW/BMNAJK/NAN Loads Singapore. E7W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for J FRIEND DBl/ABU/DOH/BRN/DMM/KWT P LAMER DBI/ABU/OOH/BRN/DMM/KWT "Loads Singapore. E7W. Malaysia Indonesia USA SERVICE Loading for AVENTICUM CAM/N FK/SAV/NOL NENA F CAM/NFK/SAV/NOL 'Loads EVW Malaysia. Indonesia F.E./S.E.A. SERVICES S pore Loading for TBN
      680 words
    • 1218 21 -msa ffli m M— jam w mum iww n/il H/1? _ttUUUI tlfijfl 11/1? iivTa MOANM 1059* UZI2 14/11 illMim? UZI 14/11 ~~ltm PAC BANOA 1100N !5/12 15/11 Pif SIMII tUJI] 1»/H M/n PAC RAMA 1101W 14/11 IEB AUMMT4 2 j M 75 21/12 B/17 PAC iamda 11 om iz/12 11/12
      1,218 words

  • Page 22 Advertisements
    • 647 22 l^^^^HTlGaSl(^^l4ll^ri4/l^ni/I^ni/12l ■TOTSTTI TIGER SEA 142N 16-17/12 24-25/12 30 31/12 ■■■■■■■■TIGER BRIDGE 143N 20-21/12 27 21/12 03-04/01 WiILLLIH TIGER SHAM 144N 23-24/12 31-01/01 04-07/01 I TIGER SKY MSN 27 21/12 03-04/01 10-11/01 I 07W*****4/0j 078 I7U/12T13/12CII7I^I| ■VMRMKRIPA 120 20-21/12 26-21/12 OS-06/OI I ■UHIJ BALSAM 146 20-20/12 26-21/12 04-04/01 I I——DALIAN 639
      647 words
    • 1153 22 FREIGHT LINKS EXPRESS PTtLTI^ 51 Penjuru Road, 3 Level, n CS x P ress Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sg k LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES/CANADA Jf OSAKA KOBE JAKARTA VANCOUVER IfH\ YOKOHAMA NAOOYA CEBU TORONTO SURABAYA MANILA MONTREAL Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT Gr HEAVY LI FT CARGO (CONVENTIONAL RORO) JFj& Lawrence
      1,153 words
    • 1366 22 7/b IPDZ LINES S^jss-tMsw MMM W CUSTOMS SBVW: IE: 62J1SSH fAI: U2MIM mm%rnm SWGAPOM: TOHG JOO SMtffINC PTI LTD Mb kMktofi3tjs.csa.if REGULAR CONTAINIRISKD SERVICES TO MALAYSIA, BRUNEI, MYANMAK AM VIETNAM mm ror n»tm kcn nun ror n»w sm mm wr nttm ma rotn m mni MWIMI 3US U/» StIAHTHU 1
      1,366 words
    • 205 22 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI Ivnsa I vota« ita Singapore etakahach FSLAMAIAO 016HW 73/12/03 03.01 04 MULTAW I 01IHW 20/01/04 30/01 AM MApe SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood *17-07/08 Apex Tower, Singapore *****5 Telephone: 6270 0977 1 II Foe simile: 6275 2309
      205 words



  • Page 25 Miscellaneous
    • 134 25 -fVWNw >JBk g REGIONAL WEATHER FOR 7AM 15 Dec 2003 525! ICM *•f I i I w .i-a*aa* K ■&'*&W*k~ JHHAHK JBt X*"" Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/0 line indicates calm or ''9 ht and variable winds Rain One half fleche
      134 words