The Business Times, 22 December 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 024/03/2003 85C SINGAPORE Iniornjt. iittp://business-times.asial com.sg MONDAY, DECEMBER 22, 2003
    15 words
  • 652 1  -  But the days when Singaporeans can pick and choose jobs freely are over, says acting manpower minister By Chuang Peck Ming [SINGAPORE] The unemployment rate, which hit 5.9 per cent in September, may have already exceeded the record high of 6 per
    652 words
  • 822 1  -  Investors poor in US$15b; Temasek, GIC seen putting money in next year By Genevieve Cua [SINGAPORE] Asian hedge funds' assets surged by 75 per cent to nearly US$35 billion this year, as global asset allocators and the wealthy look to Asia as the
    Source: Eurekahedge  -  822 words
  • 989 1  -  But the fear of rising interest rates in H2 may rein in the market says R Sivanithy R Sivanithy THIS time last year, the outlook for the local stock market went something like this: an uncertain, probably weak first half because
    Source: Bloomberg  -  989 words
  • 65 1 Week Change ST1 1710.81 -16.92 UfcKOOMP ***** 22.19 NIKKEI 225 *****.54 ♦***** HANG SENG *****.75 ***** SET INDEX 709.15 ♦3470 JAKARTA COMP -***** +15.55 MANILA COMP .*****4 *38.92 TAIPEI WP1 *****8 99.09 SEOUL COMP ***** +5.12 SHENZHEN B 267.83 -3.96 M ST ALL ORD .*****0 +2210 DOW JONES *****12
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  • 78 1 FOREX RATES US$ S$ ISS (SS per l'S$) 1.707 £(ISS/SS per 1.771 3.024 El"RO(TSS/SS/E). 1142 1121 YEN 107.6 63.00 KM 1800 1226 HKS 7.766 4M9 BAHT 3964 2312 Rl'PIAH 8.496 1976 RENMINBI 8199 4.861 INDIAN RITEE 4551 2666 AS 1553 0.792 NZS 1.545 0505 PRIME RATES SINGAPORE* 5iS Hunt
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  • Page 1 Advertisements
    • 66 1 lilllll 8 *****1 *****4 Will window-dressing lift the market?, Pg 6 Payouts from year 2 to 24 only. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premium paid.
      66 words
    • 34 1 S'PORE'S IPO BOOM Why it will carry over into 2004 PAGE 4 INDIAN ECONOMY ON A ROLL USSIOOb reserves and plenty of jobs PAGE 11 BizlT Boom in solutions to can spam ■PAGE 16
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  • NEXT page
    • 638 2  -  But demand still lower than at end-1998 when such deals crossed 60% By Kalpana Rashiwala [SINGAPORE] The proportion of demand for private homes from HDB upgraders has been growing steadily since the start of the year, lending credence to the view that
      Source: DSV,DTZ Research,Dec 2003  -  638 words
    • 441 2  -  It is top in 4 of 7 categories making up overall score in Gartner survey By Tang Weng Fai [SINGAPORE] Despite its size in the regional telecoms market, Singapore Telecommunications seems to have punched well above its weight, clinching top awards in
      441 words
    • 184 2 [SINGAPORE] Senior Minister Lee Kuan Yew yesterday said his wife, Kwa Geok Choo, is now back to nearly all her routine daily activities, after having been discharged from Singapore General Hospital (SGH) on Nov 26. Mrs Lee turned 83 yesterday and celebrated her birthday
      184 words
  • Page 2 Advertisements
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      375 words
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  • Page 3 Advertisements
    • 76 3 Piaget, the secret garden I .4 ;V. f > n' V« W, >* •-•^Q v V 7 w t A JmmOKflUw PiageT MAGIC REFLECTIONS fc J E VV E L L E R Y Geneve PIAGET Boutiques: SmqaooT #01-11 Nqee Ann City Tower B, 391 Orchard Road, Singapore 1'***** Tel:
      76 words

  • SINGAPORE companies
    • 1540 4  -  Optimism rises after 55 IPOs were recorded this year, against just 30 for 2002, with proceeds rising 11.4% to $1.9b By Kenneth Lim IN A year awash with initial public offerings, there were almost twice as many IPOs going to market
      1,540 words
    • 870 4  -  HOCK lock siew serena ng Eighteen months have passed since Singapore's switch to a disclosure-based initial public offering (IPO) regime, but industry and investor opinions remain split over whether it has really been the right move for the local market. Confusion
      870 words
    • 472 4  -  Deal will enable KepCorp to meet forecast of $1.2b to $1.5b worth of new orders in 2003 By Serena Ng A CONSORTIUM which includes one of Keppel Corp's units has sealed a massive US$775 million contract with Brazilian energy company Petrobras to build an
      472 words
    • 1418 5  -  INSIDE MARKETS Buyers dominate trading; five stocks worth paying attention to in the near term, says ROBERT HALILI ROBERT HALILI DIRECTOR and substantial shareholder activity surged last week with 108 transactions worth $63 million clocked up, based on filings with the stock exchange from
      1,418 words
    • 383 5 This could result in a potential 50% increase in the site's proven reserves, it says RECENTLY-RELISTED oil extraction group Interra Resources, formerly Van der Horst, has confirmed its discovery of additional oil at the Yenangyaung field in central Myanmar, where it has been
      383 words
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  • Page 5 Advertisements
    • 172 5 iVBy >-*■■ m B'l j|M^^HH^^Vlk^» 'i- V -H pjyfer HARBOUR GRILL OYSTER BAR CHECKERS BRASSERIE 24 DECEMBER 2003 WEDNESDAY 24 DECEMBER 2003 WEDNESDAY Enchanted Winter Forest Antarctic Christmas at Checkers SIX COURSE PREMIUM DINNER CHRISTMAS DINNER WITH A GLASS OF CHAMPAGNE $110 WITH FREE FLOW SPARKUNG WINE $75 25 DECEMBER
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      129 words

  • SINGAPORE markets
    • 201 6  -  BT comment STOCKS r. sivanithy are what new fic US ated into a familiar sight it's now almost entirely house trader versus house trader and the chosen stocks are those priced as low as possible (preferably under 20 cents) and new IPOs. The former enables
      Source: Bloomberg  -  201 words
    • 377 6 Payment El Books Pay (cts) date dose date Abeadeen tOp f 1*2 0 IMk 15-Ok 25-F* Vimm f 14N 03*b OWeb 1W* Mb Mai WISc I MMJ4TA IUk IMk O la AsiMMllic ee 0-21 11-Ok IMk !»ftt Auono Grp ISc. f 1-S7STI 150k 1M« OMai AuBWiCnp p AUS05
      377 words
    • 581 6 No big movements amid sluggish holiday markets AFP [HONG KONG] Asian currencies were largely stable against the US dollar over the past week as fears of a new spread of Sars in the region eased and some markets were sluggish ahead of the Christmas
      AFP; REUTERS  -  581 words
    • 98 6 Events Investors can watch out for Wm Poll's rights Issue, sx-dat*, Dec 23 Ban Joo's rights Issuo, sx-dato, Dec 31 Now listing of ExeolpolntToch, Jan 7 Ban Joo's dMdwid paymont, Dec 22 Pontox's dhridond pay isoiit, Dec 22 Surfaco Mount's dlvtdond paymont, Dec 22 Croatlvs's dhrldond paymont, Dec
      98 words
    • 851 7  -  BT portfolio STOCKS teh hooi ling FOUR of our portfolios outperformed the Straits Times Index as the year winds down to a close. The ST! slid one per cent to 1,710.81 points in a lethargic week. The lowest forward price earnings portfolio
      851 words
    • 283 7  -  By R Sivanithy IT'S a point highlighted in this column before but it bears repeating the Malaysian market is a lot more progressive than the local market when it comes to company-issued warrants. Several companies have unique, innovative features embedded in their warrants, all
      Source: Bloomberg  -  283 words
  • 425 6 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Dec 19 VALU CLOSE +> BT OB/OS -244.00 +132.00 BT CAM -*****.00 -32.00 BTlO-itoyMA ******.00 -24.00 AR-SGCqiiiUM 460.73 -1.34 SOEquMwIhct 171.95 +0.39 SG EqitrttM Fin 1431.40 -0.56 SC Equlbi Prop 421.99 +1.87 MSCI Singapore 209.06 -0.45 SiMSG Futures 209.50 -0.2C
    425 words

  • Page 7 Advertisements
    • 136 7 When 1 Ronn JPF *W~ h e was to tap water when he was hungry, because he no money for Ik Thankfully, The Straits Times School Pocket Money has Ronn 8-year-old brother Jinzi. Both have regular V meals during recess now. W They are among the 8,152 children J^^^H| A
      136 words

  • SINGAPORE news
    • 1189 8  -  With a big bang and CEO changes this year, next year is set to be more eventful By Tang Weng Fai SINGAPORE'S $2 billion plus a year electricity industry is set to see an even more eventful year in 2004 than the past year.
      FILE PHOTO  -  1,189 words
    • 275 8  -  EYE on the economy By Serena Ng THE cyclical recovery Asia experienced this year is likely to continue into 2004 on the back of accelerating export growth, but the pace of recovery could disappoint, says Barclays Capital. The investment banking division of Britain's Barclays Bank
      275 words
    • 860 8 COMMODITY Weekly Roundup AFP [LONDON] Oil prices raced ahead last week to levels not seen since the run-up to the war in Iraq amid concerns about tight stocks. The arrest of former Iraqi dictator Saddam Hussein over the weekend triggered knee-jerk selling of commodities
      AFP  -  860 words
  • 743 8 FINANCE COMMODITIES Week ended: Dec 19 sdioapoeb gammr securities dipicatite prices amp t™ »s lis— Chw Mitytty Uttrt YltM Htm Umm MifarHT Utett YkM M*****0H 3.5 01 FEB 2004 B 100.29/A 100.33 0.882/0.529 NX*****H 5.625 01 JUL 2008 B H3.47/A 113.57 2.462/2.441 N*****1T 3.375 15 MAY 2004 B 101.01/A 101.06
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  • REGIONAL news
    • 778 9  -  Amount has crossed $2b and if economic conditions are stable, investment will expand From Shoeb Kagda in Jakarta SINGAPORE investments in Indonesia, which to date have totalled more than $2 billion, are expected to continue to grow if the country's macroeconomic conditions
      AFP  -  778 words
    • NOTE Book
      • 119 9 -Bloomberg [KUALA LUMPUR] Commerce Asset Holding Bhd, Malaysia's second largest lender, had 7.6 per cent of its shares sold on Dec 15 by the Minister of Finance, its fifth largest shareholder. There were 198.8 million shares sold in a private placement, according to a
        -Bloomberg  -  119 words
      • 151 9 -Bloomberg [MANILA] Philippine central bank governor Rafael Buenaventura (left) said a presidential election in May and a smaller current account deficit may cause the peso to weaken next year. He said the peso could fall as low as 56 to the US dollar from Friday's
        -Bloomberg  -  151 words
      • 57 9 AFP [TAIPEI] Taiwan's cabinet will seek to attract high-tech professionals from abroad by easing restrictions on work permits, it was reported yesterday. It is expected to unveil the new measures on Wednesday under which foreigners with masters or doctoral degrees would be allowed to apply
        AFP  -  57 words
      • 102 9 AFP [BEIJING] China on Saturday reacted to US criticism of its progress in reforming its economy in line with WTO rules, saying it had gone a long way already to dismantle barriers to trade. "China has taken considerable steps in the past year to
        AFP  -  102 words
      • 106 9 Reuters [HONG KONG] Hong Kong Housing Authority said on Friday it was pursuing plans to sell around HK$2O billion (554.4 billion) in commercial assets through a real estate investment trust structure. It said its supervisory group on divestment adopted a recommendation made by the
        Reuters  -  106 words
    • 517 9 JAKARTA Investment likely to stay modest next year: economists Reuters DOMESTIC consumption will bring Indonesia faster growth next year despite its exit from a four-year International Monetary Fund support programme but investment will remain modest, economists said. The decision not to extend the loan
      Reuters  -  517 words
    • 722 9  -  BT comment KL STOCKS Housekeeping by new PM a dampener eddie toh THE Malaysian stock market is not likely to end this year on a high note. The Kuala Lumpur Composite Index (KLCI) last week closed at 769.75 points after having
      722 words
    • 579 10 IN THE NEAR TERM It's set to shine in 2004 with bourse, property rallies drawing investors AFP [BANGKOK] Thailand's economy steamed ahead in 2003 to become South-east Asia's top economic performer and is poised to continue its dizzying comeback from the 1997 financial crisis in
      AFP  -  579 words
    • 424 10 KUALA LUMPUR Upcoming general elections will give added boost AFP MALAYSIA faces rosier growth prospects in 2004 following some disruption this year, with upcoming general elections expected to give a further boost to one of South-east Asia's fastest growing economies. The
      AFP  -  424 words
    • 504 10 MANILA However, country will suffer in the long term: experts AFP BUSINESSMEN making big bets on the outcome of next year's Philippine presidential election will give a short-term boost to the economy but there wiU be a price to pay, officials and
      AFP  -  504 words
    • 510 11 US$100b reserves and plenty of jobs India's on a roll NEW DELHI Govt reform policies gain momentum as growth is expected to hit 7% this year AFP INDIA'S economy shows signs of a boom with foreign exchange reserves crossing the US$lOO billion mark and the creation of 280,000 jobs in
      AFP  -  510 words
    • 688 11 But their ventures sometimes leave analysts scratching their heads Reuters [BEIJING] AC H I N E S E chemicals firm bids for a troubled South Korean car manufacturer. A Chinese television maker teams up with a European electronics giant. A Chinese phone company buys a
      – Reuters; AFP  -  688 words
    • 374 11 AFP [BEIJING] TIAN Deyou, a 36-year-old farmer from central China, spends 13 hours a day at a Beijing construction site, calls his two children once a week, and makes 500 yuan (*****.5) a month. He considers himself lucky and is ready to
      AFP  -  374 words
  • Page 9 Advertisements
    • 203 9 &Telreat to a fyfyor/(/ of &er4onai Attention In A City Of Endless Pursuits y\ Sometimes, it's the smaller details that mean the most. The lighting in a room. A sense of calm. The warm smile of recognition as we welcome you back to A—4 your sanctuary in Shanghai. While you
      203 words

  • Page 10 Advertisements
    • 297 10 a "idflfi v VVr gf^JSHBH H[ '4 MRS /fl® ißmmmf^W^^^KOr Yule love what we have in storefor you this Christmas Treat yourself to a host of Christmas goodies from chocolate log cakes to panettoncs; gingerbread to mince pies. And don't forget our yearly hot favourites like s^hk2 roast lamb, beef
      297 words
    • 95 10 m P. Whan you want a parfact »tart to tha rati of your Hto. laava It to tha axpartil Call our MOTIINI 6416 10SJ to ipoak to our Wadding Monnart and find out how you can hava a parfact wadding calabratlon right haral Haavanty Mm lanquat Chotca or l-coura* Chlnoaa
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    • 10 10 Advertise in Wine, Dine Entertain of The Business Times. t
      10 words
    • 42 10 MERITUS MANDARIN SINGAPORE MULT I AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime Reservations: 6831 6291 CIiNkMN BVV I at flMt MERITUS MANDARIN tVtit 333 Orchard Road, Singapore *****7. Tel: *65 6737 4411. Fax: +65 6732 2361.
      42 words

  • 1568 11 SICOM FUTURES Dec 19 RUBBER Futures (dosing pocrs) RSS1 (S cents/kg) Close Volume Open Month High Lot Sett (touts) Interest Jan 04 216.50 Feb 04 2T7.75 Mar 04 219.00 Apr/Jun 04 222.00 RSS3(USce«tefo) Volume Open Month High Lot Sett (tomes) Interest Jan 04 127.00 127.00 125.00 800 900 Feb
    1,568 words

  • WORLD news
    • 772 12 NEW YORK Global economic growth expected to rise to 4.1% next year compared to 6.6% for Asia SPURRED by a sizzling US$lO trillion US economy, global economic growth is expected to gather steam next year but to advance unevenly. Predictions are that Asian economies
      AFP  -  772 words
    • 329 12  -  From Anthony Rowley in lokyo UNDERLINING continuing concerns over the health of the economy, Economics Minister Heizo Takenaka called on the Bank of Japan to apply extra monetary stimulus, while Finance Minister Sadakazu Tanigaki warned that it was too early for Japan
      329 words
    • 676 12  -  Dealers fear bond saturation as issues next year are set to hit record 162t yen From Anthony Rowley in Tokyo JAPAN'S government bond market will be the focus of market attention today as it reacts to news the Finance ministry will
      676 words
    • 476 12 CHARLOTTE, North Carolina Jobless pool highlights risk that growth may not last Reuters FOR Diane Back, the growing US economic recovery still feels like a recession. Her husband, Ed, and youngest son, Alan, have PhD and MBA degrees between them but both have
      Reuters  -  476 words
    • 141 12 Complimentaiy BT at Far East Square 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). Better yet if you're a DBS Black card-holder, as privileges include: parKing at convenient points:
      141 words
    • 550 13 LONDON Fed seen raising rates in mid-2004, causing stock markets to level off Reuters INVESTORS across the world have been generally raising exposure to equities on the back of solid econom ic growth prospects but many expect to row back
      Reuters; AP  -  550 words
    • Wall Street looking to fill compliance, banking jobs
    • WORLD Watch
      • 88 13 Reuters [WASHINGTON] The US Securities and Exchange Commission was expected to announce a legal settlement soon in its probe of Canadian Imperial Bank of Commerce's ties to Enron Corp, a source said. The settlement, which could be unveiled as early as today, was expected
        Reuters  -  88 words
      • 85 13 Bloomberg [NEW YORK] Former Merrill Lynch Co chief energy trader Daniel Gordon pleaded guilty to money laundering and wire fraud, admitting he embezzled US$43 million in 2000 from Merrill, the world's largest securities firm. Gordon admitted creating a phony Merrill energy trade with an offshore
        Bloomberg  -  85 words
      • 65 13 Bloomberg [TOKYO] Domestic demand will propel Japan next year as companies earn and invest more, Economy and Fiscal Policy Minister Heizo Takenaka said, two days after the government said the economy will grow 1.8 per cent. "Growth will come from within Japan," he said. "That's
        Bloomberg  -  65 words
      • 71 13 Bloomberg [WASHINGTON] News Corp said it received approval from US regulators to purchase control of DirecTV, clearing the final hurdles in its US$6.6 billion bid to acquire the biggest US satellite TV service. News Corp will buy 34 per cent of DirecTV parent
        Bloomberg  -  71 words
    • 471 14 LONDON European govt agencies and pension plans take steps against trading abuses NYT EUROPEAN regulators and investors have opened a second front in the fight against mutual fund trading abuses. Government agencies that oversee the activities of portfolio managers in some of the largest
      NYT  -  471 words
    • 253 14 AP [ATLANTA] As the mutual fund scandals continue, separately managed accounts are drawing more attention. These accounts are a way of hiring your very own money manager, rather than depending on a stockbroker or mutual fund manager. Assets in separately managed accounts totalled U*****.29 biUion
      AP  -  253 words
    • 231 14 LONDON Bloomberg CANARY Wharf Group shareholder Franklin Mutual Advisers is voting its 6.8 per cent stake against a proposed sale of two buildings by the London developer because it said the disposal might hurt the value of the company. Investors Brascan Corp and Paul
      Bloomberg  -  231 words
  • Page 12 Advertisements
    • 147 12 Christmas Eve Dinner Menu $98.00 Complementary Glass of Champagne Pave of Foie Gras, Raspberry Compote, Five-Spice Sabayon Veloute of Lemongrass-Butternut Pumpkin Champagne Sorbet Oven Roasted Cod with "Currant-Berries". Celeriac Mousseline, Baby Fennel Thai Asparagus Basil Oil, White Miso Blanc or Beef Tenderloin, Truffle Scented Rosti Potato, Baby Carrot. Leek Turnip,
      147 words

  • Page 13 Advertisements
    • 1400 13 Notices IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF NOXASIA CONCEPT PTE. LTD. (PROVISIONAL LIQUIDATOR APPOINTED) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN THAT pursuant to Section 296 of (ho Companies Act, Cop 50 a meeting of creditors will be held ot
      1,400 words
    • 443 13 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 SUN EVER ENGINEERING PTE LTD (In Members' Voluntary liquidation) At on Extraordinary General Meeting of the members of SUN EVER ENGINEERING PTE LTD duly convened ond held at 95 West Coast Drive #06-02 Hong leong Garden Singapore *****2 on the 18
      443 words
    • 698 13 |Hjnnil|H| Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 90 TINCEL TREASURY LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 2 Stamford Road, #06-01 Raffles City Convention Centre. Singapore *****2 on 16 December 2003, the following
      698 words
  • Page 13 Miscellaneous
    • 194 13 CRYPTIC CROSSWORD tefs DOWN 8 OkJ French statesman finding Reefer, 10 Stipends, 12 Inst, 13 1 Choristers were sent around Britain dire, sad, terrible (8,6) Hoard, 14 Zeta, 17 House of the county (14) 13 Not wanting to go over to 2Q Rsh and chjps 23 16 being a Unit,
      194 words

  • 6 14 Week ended: Dec 19
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  • 2 14
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  • 743 15 Week ended: Dec 19 «MM—i 1 Otm Omm tm+tm* ttwp Mow Xk 04* 1 X» «0aac MAMA LP X0» 4010 at an m 4» cat i« moo -o «a» c*p*Mj*a i ii 1 *90 out or «r» o ho OM1Maid» 141 1600 .«M >»11 l| H» 0M OWO 0001
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  • 633 15 BONDS WARRANTS Tat Last vol Corn [Mr Dkc Ow kfew Catt Cifiii Mi *m- CW8I «MI» W» hg U> 3698 A5T1W*****1 34 -2 856 1 16 -1 169 6 3697 Aana Ltd W*****6 1 unch 511 1 50 410 10X10 11 3602 A/ntek WQ506I0 120 1 33 7 1.19 18
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  • BizIT
    • 544 15  -  BT exclusive It's a range of new, sleek, inexpensive MP3 players that the Beijing-based company claims is currently the top-selling brand in China By Amit Roy Choudhury HERE comes a series of sophisticated and stylish MP3 players which could give bther MP3 players
      544 words
    • 872 15  -  IT comment INFOTECH tang weng fai SO it has happened. Last week, the Infocomm Development Authority of Singapore (IDA) broke SingTel's heart by mandating the sale of local leased circuit (LLC) services at competitive wholesale prices. The last major stronghold of the incumbent's monopoly hold on
      872 words
    • 224 15 NYT (WASHINGTON] The recording industry cannot use legal shortcuts to force Internet companies to disclose the names of people who trade music online, a federal appeals court in Washington has ruled. The sharply worded ruling, which underscored the role of
      NYT  -  224 words
    • 142 15 Reuters [SHANGHAI] Chinese chip maker Shanghai Belling aims to spend about US$B6 million to own at least 11 per cent of Shanghai Huahong NEC Electronics Co, which is eyeing a Hong Kong listing next year. Shanghai Belling, which planned to move to 8-inch
      Reuters  -  142 words
    • 244 15 Bloomberg [WASHINGTON] Craig McCaw, who became a biUionaire by building the first nationwide US wireless company and selling it to AT&T Corp, is seeking licences for wireless spectrum that has potential for high-speed Internet access. Mr McCaw disclosed in a regulatory filing that
      Bloomberg  -  244 words
    • IT TAKES
      • 55 15 OLYMPUS Singapore has introduced its new Olympus myu-300 Digital Blue, an all-weather, metal-bodied digital camera which offers full-auto operating ease with 3.2-megapixel image quality. The $$49 device can be used in any weather condition without worrying about rain, snow and humidity affecting the camera's optics and
        55 words
      • 49 15 US-BASED Idiom Technologies, which provides content management solutions, has appointed Scandent as its implementation partner and distributor for the Asia-Pacific. The Scandent Group offers end-to-end business process management solutions and consulting services. Idiom has a customer base comprising enterprises like Motorola, eBay, Oracle and General Electric.
        49 words
      • 43 15 MCDATA Corp, which provides storage networking solutions, has appointed Paul Rath (right) as vice-president and general manager for the Asia-Pacific region, based in Singapore. Mr Rath was previously general manager in charge of China and Asean with EMC Corp.
        43 words
      • 66 15 SMC Networks and Accton Technology Corp of Taiwan said it will Introduce the first in a series of intelligent L2/4 switches based on Accton's new Leo Enterprise Workgroup Switching technology. The SMC6724AL2 Tiger Switch 10/100 L 2 24Port Switch costs US$45O, It will enable intelligent, upgradeable
        66 words
      • 91 15  - and a networking product Compiled by Amit Roy Choudhury SMC has launched the newest member of its EZ Connect family of wireless networking products. The SMC2B7OW 2.4 GHz 54Mbps Wireless Multi-Mode Device adapter can be configured to serve as a wireless access point to provide network access to other wireless
        91 words
    • 852 16  -  BT exclusive Many of them offer fixes tailored for both large and small businesses, Raju Chellam reports Raju Chellam WITH the menace of spam set to increase exponentially over the next couple of years, IT vendors and other service providers are scrambling to offer
      852 words
    • 348 16  -  It joins govt organisations to file lawsuits against individuals in the US, Taiwan, S Korea and Japan By Raju Chellam LAST weekend, Microsoft Corp and the New York State Attorney General Eliot Spitzer filed lawsuits against a New York-based spamming ring allegedly responsible for sending billions
      348 words

  • Page 16 Advertisements
    • 126 16 I INTRODUCING I ANOTHER I REVOLUTIONARY I CONCEPT FROM I I CANON. I THE 8-HOUR Wish there was an easier way to get the day's work done on time? Canon Total Office Solutions will free you from mindless repetitive tasks, allowing you to focus on real work. Our iW software
      126 words

  • SHIPPING TIMES
    • 604 17 Attackers' motives cannot be judged till they are caught, says minister -AFP [SINGAPORE] Pirates roaming the waters of South-east Asia should be regarded as terrorists, Singapore's Home Affairs Minister Wong Kan Seng said amid a rising number of attacks on ships and
      -AFP; AFP  -  604 words
    • 285 17  -  Contributed by Simpson, Spence Young Buyers continue to press for modern tonnage, especially in the dry bulk market. BULK CARKIEKSc Samarinda: 149,646 tdw bit 4/94 Dalian new reported sold region U5533,500,000 to clients of Nan Fung including balance of timecharter until May/June 2004 region US$l3,OOO daily. Bariloche: 73,018
      285 words
    • 273 17 SGX 000 Dxll 5$ W- Vol CHOfMiora 0.34 -0.01 158 Chuan Hup 0.47 unch 333 Cosco Investment—.0.60 unch 1748 CWT Distribution 0.55 unch 0 EiraHldgs .0.88 M1 2S1 Frwght Ufiks .0.12 -0.01 1«8 GBHoWngs.. 0.70 unch 5 Jaya Holdings 0.76 -0.01 757 Kf Venture 022 unch 2268 KeppelCorp
      273 words
    • 78 17 [ST NAZAIRE, France] Captain Ronald W Warwick is seen with the Queen Mary 2 at the Alstom Chantiers de VAtlantique shipyard in this December 2003 photo released on Saturday. The new Cunard liner is the largest and, at US$7BO million, the most expensive passenger
      AP  -  78 words
    • 254 17 Algiers expects to handle 520,000 containers per year by 2005 Reuters [ALGIERS] Oil-rich Algeria will soon build a second container terminal at the Mediterranean capital's port to trim handling time and prepare for a sharp rise in traffic in coming years, the port authority
      Reuters  -  254 words
    • 286 17  -  The former Renters Group COO takes over from Jan 1 By Beth Jinks [SINGAPORE] Anglo-Dutch shipping group P&O Nedlloyd Container Line has appointed former Reuters Group chief operating officer Philip Green to replace Robert Woods as chief executive. Mr Green, 50, will take
      286 words
    • 646 18  -  LINER SCENE By David Hughes WHILE the big carriers have been bullish about their prospects and have pushed through multiple rate restorations in the past few months with the promise of more in 2004 there have been indications that the feeder operators
      FILE PHOTO  -  646 words
    • 3 18
      3 words
    • 3 23 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 572 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ALVA STAR 11W J18/19 A/SIDE 21/12 0100 ATLANTIS 7 A7177 J2 A/SIDE 21/12 0630 BUANA ABADI 09/03J J14 A/SIDE 21/12 0630 KALTIM EXP 2312E J15 A/SIDE 21/12 0600 MARCOPOLO 42 05/03 J5 A/SIDE 21/12 0630 MARCOPOLO 46 04/03J J3
        572 words
      • 2 25
        2 words
      • 167 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.
        167 words
      • 408 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and
        408 words
      • 52 25 U/F unftltiraMi fr—itlirtmwre—rtft»ttc»wMc»t«i»»H»df»»rtkl»»H»« ■*»">«■ in. MrHwtofHrtihmtw■ mtil rn»m *f Ci K^irlm (WOT m—t «rtth th« Infrnrttewl tp»cfflc»tton Lhnttt puM«h«d fcy Cwwll Intfwtfwl «n MMMntt A Cwnkintten (CMAC) tar Md« pwwwtw. for wm mtafiMllw on currxrt tax ty caU DWV WrUwn S«nrtCTt TiHHnwr oin-357-«oeo. r*n: ntsu o*v
        52 words
    • AIR & LAND transport
      • 496 26 Insolvent airline goes ahead with purchase to become more cost-effective AP [MONTREAL] Air Canada is splitting a 90-plane order for new regional jet airliners between Montreal-based Bombardier and its Brazilian arch-rival, Embraer. Air Canada said on Friday it reached agrpements in principle
        AP  -  496 words
      • 272 26 Over 45,000 additional seats available between Dec 22 and Feb 1 next year AFP [KUALA LUMPUR] National carrier Malaysia Airlines (MAS) has put on 280 extra flights to meet a surge in demand in the run-up to the year-end holidays and Chinese
        AFP; FILE PHOTO  -  272 words
      • 202 26 AFP [BRUSSELS] The European Commission demanded answers last week from 18 European airlines to see if they are charging varying prices for identical flights to residents of different EU countries. The Commission, the European Union's executive body, said it had written to the
        AFP  -  202 words
      • 303 26 Company facing probe into how it bids on contracts AP [CHICAGO] Boeing Co, faced with a federal probe into the way it bids on defence contracts, has been told to do more to strengthen ethical behaviour in two separate reviews commissioned by the company's
        AP  -  303 words
      • 151 26 Bloomberg [TOKYO] Skymark Airlines Co, a Japanese low-fare carrier, said it will appoint Shinichi Nishikubo president after he became the airline's largest shareholder in October. Mr Nishikubo, chairman of Internet service provider Zero Inc, will replace Masayuki Inoue, who became president in January this year,
        Bloomberg  -  151 words
      • LOG Book
        • 67 26 Bloomberg [TOKYO] Japan Airlines System Corp, Asia's largest carrier, said reservations for overseas travel rose 9.3 per cent during the year-end and new-year travel season. The number of passengers making reservations for overseas trips between Dec 26 and Jan 7 rose to 314,298 people from
          – Bloomberg  -  67 words
        • 139 26 Reuters [WELLINGTON] National carrier Air New Zealand Ltd said on Friday its total November passenger load factor decreased to 71.4 per cent, down 3.7 percentage points on the same month a year ago. Air NZ said November revenue passenger kilometres (RPKs) fell 4.9 per
          Reuters  -  139 words
        • 133 26 Bloomberg [SYDNEY] Macquarie Airports, which manages airports in Australia, Italy and the UK, said the number of people using Sydney airport rose 10.9 per cent in November from a year ago, helped by rugby fans attending the World Cup. International passenger numbers at Sydney airport,
          Bloomberg  -  133 words
      • 410 26 AIRLINE COOFS AA American Attnes I AM.), AfAt France (AfR). Ai Am Ind* (AtC) AY firmar Oy (FM) AZ AAblia Attnes tAZA) BA Bntish Mrways Pubtic Ltd Cc (BAW) BG Brmn Bangladesh Attnes (BBC) Bl Roy* Brunei Attnes Sfr Bhd (RBA) BO Bouraq Attnes (800, BR
        410 words
      • 238 26 have 85 aircraft. Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, the Hong Kong carrier that is planning to begin cargo flights to China, is buying a new Boeing 747-400 freighter, spokeswoman Maria Yu said. Cathay will take delivery of the aircraft in 2005. Ms Yu
        have 85 aircraft. — Bloomberg  -  238 words
  • Page 17 Advertisements
    • 17 17 THtftHNBeTMB TO ADVERTISE, CALL JOE WONG AT 6319 2062 OR BERNARD ONG AT 6319 1645 SHIPPING TIMES
      17 words
    • 196 17 Air Canada buys 90 planes from Bombardier, Emhracr i:/»i MAS adds 280 flights to meet festive demand BACK PAGE I IfJI I; I HI iml foi flonii.irr M»t foi <ir.iin.iti< lIICHMSf 17*U RV3M)I||H SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE PEAK SEASON SURCHARGE In
      196 words

  • Page 18 Advertisements
    • 816 18 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I vesa |VOY KG jm^|lOM6mCH|MtUS| HOUSTON) MEMPHIS |OKA6O|»«WYOR« TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtO NBXiOTO HOUTJO* 19E52 23/12 24/12 09/01 13/01 14/01 14/01 14/01 17/01 VISSCL VOY ETA SIN PKG F«i 1 M I STB I MEL AM PtO NHXiOYD
      816 words
    • 549 18 Lines services represented by i Membantrfthe Regigry of Accredited Shipping Aganß S-ngopor. I^K. SingaporeShippingAssocioHon www Assooonon XftV* 1 CONVENTIONAI CARGO HKN PORT KIANG/SMGATORf/JAftAJrU I lANGXOK VOV ETAPKL ETA SIN ETA MALE Prtamui Uh I IB Wit 22/12 Sl/12 Maid Star 544 IS. 12 28 12 a/12 LIL) MARINE SERVICES SINCUPORE
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    • 1300 19 TO EUROPE FROM EUROPE Ivissa Ivorw on m> w iw wv «u ta ilvissa Ivor Kin mm ham Mtv sou ia sm HYIMMIMRIY 319W 22/12 09/01 11/01 13/0107/01 WMI 116E OS/17 01/1101/12 24/12 uumm 122*25/12 m/OI 14/0112/01 wmnn 31JM/12 07/12 JWWgg/" MOLAMMMZ 019W 24/12 11/01 13/01 16/01 7/0 WMJ 0121
      1,300 words
    • 1825 19 CONTAINERISED SERVICE TO SOUTH PACIFIC ISLAND OP GCNEIAI AGOITS M SMGAPOOI: 10IOMNSOH10 *1 7-00 SAUS/ttGS TIL *****157/43 FAX: *****321/74 I SUVA LAUTOKA (FLH) COSTAR SHIPPING PTE LTD smcammoumi outwaio ti/u mwsao: 47iisi7s/7s I SSBS®" 1 mimnmmm »S| PAPEETE (TAHITI) jOHOO'SOfHO: CONVWTIONAI M 20 SI SO *****20* 1 COSIAI A6BKHS |ll>
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    • 575 20 EI mi A O ENQUIRIES/BOOKINOS: *****344 MX: *****433 E-MAIL: drtiMNHMMOT.ig UCLIVIAO DOCUMCNTATKMMyOMRATION*: *****037 FAX: *****177 MUMS MST MICA UMCSS omss CONTAMB SfltVKI TO SOWH/WBT ANKA VTSSa IVQY SW |«UWOH IUAMOA rowm MOM MATAM UMtVUUAWOJAM IBM IOWI TMCAM COTOHOU apapa DOUAIA (mm 407W 23/12 M/OI 11/01 14/01 03/0? IS/01 11/01 70/01
      575 words
    • 244 20 VASCQ MARITIME PTE LTD. OFFERS WEEKLY CONTAINERISED SERVICES FROM SINGAPORE/MALAYSIA/INDONESIA TO INDIA NHAVA SHEVA, MUMBAI, KANDLA, CHENNAI, CALCUTTA ALLKDS 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, SEMARANG BEIAWAN
      244 words
    • 1516 20 WAN HAI MVBtNATIONAL PTE LTD a itt 14*4******/1 IlltU TH:*226ISM (HUMS) F/UL*****143 vNAWAN HAI LINES V— CM Mk M 7) BIWO NUk IOTJBIWJI SB 1M: Mil) WWS MX: Ml) JW1714/ WIIH L-, *Tm |W)nS4»»»*:|(ai|J»47»W«:7WM/7H»I Ml-7HJ7* www.w—i.cew.lf M: MWWMHWyWW rwi an wc o» a n iwt ws no to««ri imp w|
      1,516 words
    • 493 20 BSA a. MYANMA In FIVE STAR UNE (Mymht NotiMol Um) Loodiaj for Yoofoo vtssn vor sm m r» rot HPA-AM 31SW SU PAGAN 373W SU IN MALAYSIA: IOUSTUD SHIPPING AGENCES KUL 03-*****300 PIL- 03-3176*101 PEN: 04-2****** ACCEPTING COMVEMTIOMAL C6O VISS& VOT HUG SIN PGU PU KIK OtIET UNO US SU)
      493 words

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    • 1397 21 VISStL VOY KHH HKO I SIN PKL DXB Mi PMM UK IRAN LOU STAN PC LAOI4 SKIP SKIP 20/12 19/12 29/12 30/12 05/01 07/01 CAPCFRIO PCLBOI6 SKIP SKIP 26/12 27/12 05/01 06/01 12/01 14/01 SEA NAVIGATOR PCLSOIS SKIP SKIP 30/12 29/12 07/01 OR/01 14/01 16/01 Also accepting Containers for all
      1,397 words
    • 656 21 a izrrr>l UK CONTINENT SERVICE Loading for KALMA RTM/ATW/BMN/UK/NAN AS! RAT RTM/ATW/BM NAJ K/NAN Loads Singapore. E7W Matoyata. lodonesta MIDDLE-EAST SERVICE Loading for PLAMER D6I/ABU/DOH/BRN/DMM/KWT GRAIN TRADER JDH/AQA "Loads Singapore, E7W Malaysia Indonesia USA SERVICE Loading tar AVENTICUM CAM/NFK/SAV/NOL NENA F CAM/NFK/SAV/NOL •Loads E/W Malaysia. Indonesia F.E./S.E.A. SERVICES S pore
      656 words
    • 1175 21 -ffisa m m m _msa m mi je. _mc|a»®a now !im UZI2 -EALMU pioii ami tio3ii u/u it/n iimtiTt? u2 *i/» «/n PMMHOA lIMN 20/12 21/13 ftf SHU PI03? M/» 17/11 -EAUAMfi* 110SW »/12 Til 12 ALAMIATA2 M 74 21/12 30/12 ami iiQMi nm 23/12 nc lANDA UO7N 24/12 24/12
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  • Page 22 Advertisements
    • 580 22 r*-* MBMMnGasl^^iui^Tu/i^Mi^^ ■PilJWlTlGEitStt 142 ft 16-17/12 24-25/12 30 31/12 1 BppjfMMNfl TIGER IRIDGE 143H 20-21/12 27 28/12 03-04/01 I ■LJtEQI ***** SHAM 144H 23-24/12 31-01/01 064)7/01 I ■■MHTIGBISXY 145N 27 21/12 03-04/01 10-11/01 I ***** 30-31/12 07-00/01 13-14/01 M 01-01/01 B ■MMMIIMIM 120 20-21/12 26-20/12 05-06/01 I ■UiUuflj BALSAM 146
      580 words
    • 1008 22 FREIGHT LINKS EXPRESS PTfttLTD* 51 Penjuru Road, 3 Level, lr' v j Freight Links Express Logisticentre, Singapore *****3 Tel: *****51 1 Fax: *****577 E-mail: flesin@singnet.com.sg LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES/CANADA OSAKA KOBE JAKARTA YOKOHAMA NAOOYA CEBU TOKYO SURABAYA MANILA Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 Ji PROJECT HEAVY LI FT CARGO KJ|MMB (CONVENTIONAL RORO)
      1,008 words
    • 1485 22 OfttATOt COOLPO m PDZ LINES /M BW fci W CUSTOMS SBVKi TIL 6221-SSH MX: *****190 SWGAfOtfc TOWG JOO SHTfIWG HI UP bt UdfryOfr <- H MCtilAft CONTAMCRISU SSIVKES TO MAUTSIA, BtfPNii, MYANHAI AM VKTIIAM |rroii ror iu u« n» nsui tor ntsw n» wna wt n»» w_ ma* hm Imwmi"
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  • Page 25 Miscellaneous
    • 128 25 T" 3^ REGIONAL WEATHER^^^^^H^ > f M>a S 5 FOR 7AM 22 Dec 2003 B 20^-^ Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day
      128 words