The Business Times, 24 December 2003

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Total Pages: 26
1 26 The Business Times
  • 18 1 THE BUSINESS TIMES MITA (P) 024/03/2003 85* SINGAP ORE n .to no ntp://business-times.asial .com.sg WEDNESDAY, DECEMBER 24, 2003
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  • 1122 1  -  New trading roles expected to dampen business in next few months By Serena Ng [SINGAPORE] As far as Singapore's stockbroking industry is concerned, the local stockmarket's bull run in the second half of this year was long overdue. But while
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  • 526 1  -  S'pore playing growing role in company's strategy By Tang Weng Fai [SINGAPORE] Global pharmaceutical giant ScheringPlough opened its latest US$23O million bulk chemical plant here yesterday, an investment that comes with plans to sink a further US$22O million into a plant extension that
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  • 538 1  -  She paid $3.5m or $456 psf for seafront parcel By Kalpaaa Eashiwala [SINGAPORE] Guess who has paid the highest price for a bungalow parcel on Sentosa Cove? It was none other than Delia Suantio Lee of the Lee Foundation, sources told
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  • 70 1 sn 1,720.92 (-1.57) ST INDEX FUTURES 1,718.00 (-10.00) SIMSCI FUTURES 209.80 (+1.30) Tuesday Change KLSECOMP 777IKI NIKKEI 225 chwed HA.Mi SENG *****51 -67.4K SET INDEX 718.47 Ml 14 JAKARTA COMP B7930 »491 MANILA COMP .1.*****1 «CR TAIPEI WPI MiH »M SEOUL COMP 801.88 iWi SHENZHEN B ***** +U2 AI'ST
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  • 79 1 FOREX RATES US* SS i ss (ss prr rssi i .;<* X|rSS/SSp«-X)_ 1.765 sou KI RO(l SS/SS/K). 1242 2.121 VKN 107.4 6250 R M .1.800 tm HKS 7.7m 4545 BAHT 63 23.20 ■VUI 8.502 4377 RKNMINBI 8.299 4859 INDIAN RITKK 4560 2669 AS 1359 0796 NZS 1556 0911 PRIME
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  • Page 1 Advertisements
    • 38 1 INSIDE COMPANIES New Heshe CEO has bold plans Pg3 PEOPLE Murdoch's empire is in orbit Pgii PROPERTY Slide in office rentals slows further in Q4 Pg7 MOTORING New Year wishes from Singapore's motoring industry Pgie 11 8"*****1 *****4*
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    • 72 1 Santa's on to you Jaime Ee has a stolen photocopy of his list of who's been good or bad this past financial year. In The Business Times TOMORROW Steve Chia Robin Saunders Ramesh Sheth T Celebration/ Sale J fv <«L I* y, I .blcl ll I < kI.H < 5
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  • NEXT page
    • 797 2  -  BT exclusive Priceline exec says such carriers will need to distribute online to save costs By Kalpana Rashiwala [SINGAPORE] Using the Internet for travel bookings still needs to be encouraged in Asia, and budget carriers will be a big boost in that direction,
      ARTHUR LEE  -  797 words
    • 602 2 Thailand only needs 3-4 banks, says finance minister Reuters [BANGKOK] Two of Thailand's biggest commercial banks said yesterday they were open to possible mergers with other rivals after the government said it would seek cabinet approval to encourage bank mergers.
      Reuters  -  602 words
    • ON THE grapevine
      • 157 2 FOR those still searching for the perfect holiday gift, how's this for an out-of-this world idea: Space burials. Celestis Inc, a Houston-based firm that in 1997 arranged the launch of 1960s pop icon Timothy Leary's remains, is planning an April send-off in Russia for as
        157 words
      • 147 2 WOMEN who get involved in serial relationships after their marriage or long-term partnership break down often slump into depression, but, strangely, men fare better, according to a study published on Monday. Men and women who are in a long-term relationship are happier than singles, although men do better
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    • 536 2 WSJ article had said Nasdaq chief approached Big Board 3 weeks ago Bloomberg [NEW YORK] The Nasdaq Stock Market said a report in the Wall Street Journal that its chief executive officer had approached the New York Stock Exchange about a merger is
      Bloomberg  -  536 words
    • 51 2 IN Monday's article "Asian hedge funds surge 75% this year", BT quoted sources as saying that potential investors into hedge funds next year include Singapore's investment agency Temasek Holdings and the Government of Singapore Investment Corporation. Temasek Holdings has clarified that it had begun investing in hedge funds this
      51 words
  • Page 2 Advertisements
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  • SINGAPORE companies
    • 836 3  -  BT exclusive Ex-triathlete aims to grow company's F&B business while divesting loss-making assets By Joyce Koh TAY Swee Sze, the new chief executive of Heshe, is giving himself a year to turn around the loss-mak-ing garment company. But he hopes to do it in
      ARTHUR LEE  -  836 words
    • 523 3  -  It may tweak listing manual; no time frame given By Kenneth Lim THE Singapore Exchange says it may make revisions to the listing manual to better accommodate biotechnology start-ups. "The biotech industry is a relatively nascent one and the challenges of achieving commercialisation
      523 words
    • 389 4  -  Logistics centre has net yield of 8.6% and will add to earnings from Day 1 By Daniel Buenas MAINBOARD-LISTED Ascendas Real Estate Investment Trust (A-Reit) has signed a deal to buy the Changi International Logistics Centre for $45.6 million. The building, on Loyang
      389 words
    • 763 4  -  HOCK lock siew teh hooi ling ABT study to ascertain the value created or destroyed by Singapore listed companies showed that only about half of corporate Singapore created value for shareholders. Of the 275 companies which were listed on Jan 2, 1998 and are
      763 words
    • 786 4 Creditors reject plan tor company to buy back US$880m of this debt Bloomberg ASIA Pulp &tfeer Co 1 to let Asia's biggest defaulter buy rack US$BBO million of its debt, Indonesian Bank Restructuring Agency deputy chairman Mohammad Syahrial said. Last week, the
      Bloomberg  -  786 words
    • 661 5 Robust demand for gadgets help drive sales for makers of disk drive parts Reuters THERE'S a newly popular stocking stuffer around this Christmas gadgets equipped with tiny hard disk drives and it's boosting the share prices of some of Singapore's tech
      Reuters  -  661 words
    • 193 5 Shares are collateral for $480m loan tied to stake purchase Bloomberg SINGAPORE Technologies Telemedia Pte, a govern-ment-owned investor in phone companies, said it pledged its 42 per cent stake in PT Indonesian Satellite Corp (Indosat) as collateral for a $480 million loan that is
      Bloomberg  -  193 words
    • 406 5  -  Key events to fuel stock market re-rating, says Citigroup Smith Barney By Joyce Koh THE economic recovery that begun this year should extend into next year, and there are several key events that will have a special bearing on the Singapore stock market. Changes to
      FILE PHOTOS  -  406 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 854 4 Notices IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF fVWttON TRAINING Pf» *TO (In Creditors' Voluntary VWnJeig-Up) SPECIAL RESOLUTIONS PASSTO OtUQHOAY OF DECEMBER 20M At ar^4»ov.d t nary .General J the Compony held 4 98A Amoy MM Singapore *****8 on the 19th day of
      854 words
    • 27 4 Recruit from a wider audience j j JUlu t t i rniij Call 1800 289 8822 or email recruit@sph.com.sg for your recruitment solutions rmmi j I _g
      27 words
    • 16 4 cn o A section which otters news and views, reviews nd previews from the world of
      16 words

  • Page 5 Advertisements
    • 135 5 Introducing the Ultimate Shaving Experience. I 1 \v The new Braun Activator has a revolutionary new foil design to capture more hair, more effectively. The Braun Activator has a now foil with 4 differently shaped holes positioned in h different directions offering you ?0 different hair capturing opportunities Together with
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  • SINGAPORE companies
    • Article, Illustration
      623 6  -  Compiled by SERENA NG FuYu Manufacturing ■fc TO -1 ftA > MC dOSNIg. W.D CvflCS PLASTICS maker Fu Yu plans to list two of its Malaysian operations—Classic Advantage (Senai operations) and Fu Hao Manufacturing (Penang operations) on the main board of the Kuala Lumpur Stock Exchange. The company
      Source: Bloomberg  -  623 words
    • 461 6  -  CHART POINT By LIM SAY BOON, K AJITH Tfor OCBC Investment Research Pte Ltd ALL things considered, 2003 has been a good year for bulls. On fundamentals, this will be remembered as the year the geopolitical overhang on Iraq was lifted,
      Source: Bloomberg  -  461 words
    • 929 6  -  BT comment CURRENCIES larry wee THE main big picture currency themes carried over unchanged into this Christmas week of thin trading and, as we move into 2004, we detect a gnawing fear that any US dollar pullbacks could remain fairly shallow,
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    • 559 6  -  BT comment STOCKS r. sivanithy USING a standard template for the daily market report is now beginning to look like a decidedly attractive option, given how featureless trading is at this time of year. In yesterday's session, for example, such were the levels of
      559 words
    • TRADES TO WATCH
      • 164 6 US investment advisory group Arnhold and S Bleichroeder Advisers LLC (Asbai), on Dec 17 raised its shareholding in Haw Par Corporation after buying 32,000 shares at around $4.44 apiece. The open market purchase raised its deemed shareholding in the healthcare and leisure group to nearly
        164 words
      • 90 6 ONE of replica car maker Creative Master Bermu da's independent directors. Danny Lo Kan Yu, sold 100,000 shares on Dec 22 at 41 cents apiece. This open market sale reduced Mr Lo's direct shareholding in Creative Master to 50,000 shares. The company was listed on
        90 words
      • 116 6  -  Compiled by SERENA NG FUND manager Aberdeen Asset Management continues to sell down its stake in retailer Robinson and Company. It sold 7,000 shares on Dec 22 at about $7.36 per share, reducing its shareholding to 10.87 per cent or 9.34 million shares. Aberdeen, which
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    • Article, Illustration
      399 6 OTHER SINGAPORE INDICES Dec 23 VALUE CLOSE BT06/DS 264.00 -109.00 BTCAM -*****.00 -41.00 BT10-4ay MA -*****.00 -27.00 AM-SG Equities 462.95 +0.17 S6 Equities Elect 173.50 +0.55 SG Equities Fin 1442.41 -1.06 SG Equities Prop 423.92 -0.62 MSCI Singapore 210.72 40.12 SiMSCf Futures 209.80 +1.30 Hwto Wi LanuoVis2c 23,329.000 BeautyCfwia MK10
      399 words

  • SINGAPORE news
    • 764 7  -  JLL sees rents stabilising, even firming, next year By Kalpana Rashiwala THE drop in office rents continued to become smaller in Q4, leading Jones Lang LaSalle to forecast that they will stabilise further or even begin to firm next year. But with
      Source: Jones Lang LaSalle Research  -  764 words
    • 358 7  -  EYE on the economy consumer price index By Chen Huifen THE Singapore Consumer Price Index (CPI) rose 0.6 per cent in November over the same month last year, giving way to a mild inflation. Prices of food, which took the greatest
      Source: DOS  -  358 words
    • 359 7  -  ACNielsen findings show conservative consumer sentiment By Chen Huifen DESPITE a recovering economy, Singaporeans are still a conservative lot going by this year's Christmas spending, said market research firm ACNielsen. In a telephone survey of 1,000 respondents, 48 per cent of them said they will
      359 words
    • 297 7 Bloomberg SINGAPORE'S manufacturing probably shrank in November from the previous month as electronics makers such as Creative Technology and Venture Corp completed their overseas orders for the year, economists said. Manufacturing, which accounts for a quarter of the economy, probably shrank 3.2 per cent
      Bloomberg  -  297 words
  • Page 7 Advertisements
    • 45 7 Where to wine, dine and entertain... "~tg§(| Advertise in Wine, Dine Entertain of The Business Times. De Grandeur Restaurant (6345 1054)... I enjoy a delicious buffet meal with my Diners Club Card w *General TAC apply. Only if I pay with my Diners Club Card.
      45 words
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    • 78 7 /Special Lunch —f $5.80 Nett Per Item t With FREE Choice o» One Coflee/WSofl Drinks or 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 All Day Mug# $4.00 nett each Jug#sls.oo nett each
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    • 184 7 Jm WoofisY tnwkel torn km*moo4 iitil panaris, Bi wWIBin pWBIWW MiN NMM, KtIMKRM WOlltitt ON •ov m REDUCED HBCES,W| ta' tarHMt hMmI iw to* pttiofcylSo. hunt more Mi mv cfcot cat await vm Dim «ta mi MtiiUil 6pcs Hong Tan Sofa Set 4pcs Hong Tan Hong Tan ■"> Table Set
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  • EDITORIAL & opinion
    • 787 8  -  THE bottom line OPINION frank ching WITH the Taiwan presidential election less than three months away, the behaviour of the incumbent, President Chen Shuibian, and that of the opposition Kuomintang candidate, Lien Chan, shows just how much things have changed in the last
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    • 68 8 'Saddam doesn't have anything to do with fundamentals earnings, interest rates or anything else.' -Richard Drake a fund manager, after US stocks rose on optimism related to the capture of former Iraqi leader Saddam Hussein 'Sabotage is the challenge facing the Iraqi oil industry.' Ibrahim Bahr al-Uloum
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    • 649 8 EDITORIAL LAST week, India's centra] bank, the Reserve Bank of India, announced that the country's gold and foreign exchange reserves had crossed the US$100 billion mark This Is but one indicator of the boom underway In Asia's third largest economy, which now deserves a close relook.
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    • 997 8  -  If past is any guide, few American upswings peter out in their first years and that suggests at least 4% annual US real growth for next year By Paul A Samuelson Tribune Media Services International TWO Christmas gifts came early to President
      Tribune Media Services International; AFP  -  997 words
    • 898 8  -  COMMENTARY By Andy Mukherjee Bloomberg STEVE Ballmer, chief executive of Microsoft Corp, has an idea on how to stop the US from losing computer software jobs to India: Produce more engineers. "People focus oftentimes on the labour rate differential. But the thing
      Bloomberg  -  898 words

  • REGIONAL news
    • NOTE Book
      • 128 9 Bloomberg [HONG KONG] Hong Kong's economic growth may accelerate to as much as 5 per cent next year, helped by surging tourist arrivals from China, a free trade agreement signed with the mainland and rising domestic consumer demand, the International Monetary Fund
        Bloomberg  -  128 words
      • 143 9 Reuters [KUALA LUMPUR] Malaysia's Golden Hope Plantations Bhd on Monday named a new chief executive to replace Abdul Wahab Maskan who will head rival palm oil producer Kumpulan Guthrie Bhd. Golden Hope said in a statement that group director Sabri Ahmad, 56, would succeed Mr
        Reuters  -  143 words
      • 119 9 Reuters [BANGKOK] Listed Thai firms are expected to make a combined net profit of3oo billion baht (5512.9 billion) in 2003, up 52 per cent from last year, and the trend is set to continue due to a strong economy, the Thai bourse said on
        Reuters  -  119 words
      • 119 9 AFP [BEIJING] China will open its aviation sector further to private investors, allowing them to set up new firms or take stakes in existing entities, state press said yesterday. The Civil Aviation Administration of China will soon issue rules governing investment in the industry
        AFP  -  119 words
    • 282 9 SHANGHAI AFP CHINA and Russia have joined forces to develop subway systems in India, Iran and various Central and South-east Asian countries, where potential deals could be worth billions of dollars, state press reported yesterday. China's Citic International, an arm
      AFP  -  282 words
    • 531 9 KUALA LUMPUR It plans to raise about RM4b from asset sales to bring debt level to RM29b Bloomberg TENAGA Nasional, Malaysia's biggest electricity company, will reduce its debt by about 6 per cent to RM29 billion (Ssl3 billion) in the fiscal year
      Bloomberg; BLOOMBERG  -  531 words
    • 388 9 HONG KONG Reuters THE value of funds raised through sale of equities in Asia Pacific jumped 63 per cent in 2003, boosted by roaring stock markets and the sale of new shares in the fourth quarter, preliminary data released by Dealogic
      Reuters  -  388 words
    • 717 9 Reuters [SHANGHAI/DETROIT] SNAPPILY dressed Shanghai businessman Xiu cruises the car market for a deal and, like most of his compatriots in the world's fastest-growing major car market, he plans to pay in cash. "Yes, most people still use cash. But if you get a
      Reuters; EPA  -  717 words
    • 442 10 NEW DELHI Country's fast-growing services sector expected to drive expansion in future AFP A GOOD monsoon has put the Indian economy on track to move up a gear into the developing world's fast lane alongside China with growth of 7 per
      AFP  -  442 words
    • 278 10 HONG KONG AP. Bloomberg CHINA'S gold miner Fujian Zijin Mining Industry (FZ) finished with a 73 per cent gain on the first trading day at Hong Kong's stock exchange yesterday, mirroring recent roaring debuts here of other mainland companies.
      – AP.; Bloomberg; AFP  -  278 words
    • 260 10 SHANGHAI New rules will allow some leeway for banks; report Reuters CHINA'S Parliament is debating a small but significant amendment to laws that could lift an eight-year-old ban on banks trading stock and setting up investment trusts, state newspapers said yesterday.
      Reuters  -  260 words
    • 355 10 HONG KONG Prepaid debt good for bond prospects, says analyst Bloomberg HUTCHISON Whampoa Ltd. which last month sold Asia's biggest bond, said it has raised enough to cover debt payments till the end of 2005 and doesn't plan another sale of
      Bloomberg  -  355 words
  • Article, Illustration
    1083 9 Transaction date: Dec 23 I >4-wm Sxxt l-3ws .yc >3ws DTTERBAITK CROSSRATBS AS C$ **b two NHS indts RupWi Yw Won t* MZ$ Hk to Hto S$ »«H Sfr WT$ 8*t torn* US$ AustraJio 0.978 6.107 0392 5.713 33.557 62.566 0.790 1799 2.796 1.145 42.282 40.888 1.257 5.094 0X24
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  • 1544 10 SICOM FUTURES Dec 23 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 04 217.00 Feb 04 218.25 Mar 04 219.50 Apr/Jun 04 222.50 RSS 3 (US ceats/kg) Volume Open Month High Low Sett (tonnes) Interest Jan 04 1 1
    1,544 words

  • MURDOCH'S new fronties
    • 1183 11  -  With DirecTV in his stable, Rupert Murdoch becomes the first media tycoon with satellite, cable and broadcast assets in the US. Sallie Hofmeister looks at how his rivals are coping Sallie Hofmeister LAT-WP FOR two decades, Rupert Murdoch has been building up his empire by tearing
      LAT-WP; REUTERS  -  1,183 words
  • 50 11 UNIT TRUSTS FUNDS LEGEND: All prim are indicative cmpt ♦or f [> Ringgrt Assetv Broadly Oivarvfied. I Nwrow4y Focmed; Lower Unk. Low to Medium Risk, t Medium to High ftfefc" Higher RafcCopeiYended;* Before subdivision of units; After subdivision of units; V after nodi split: N.A- Won Dealing Day Boor PncaSJO
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  • Page 11 Miscellaneous
    • 264 11 CRYPTIC CROSSWORD 1 Relaxed about need to accept 3 Eavesdropper puts up with LJ h mB" BB 5 initially, and curl 4 Speaking lines!'actors might 9 9 The sortofgear that is gender 6 Covering article in duplicate mJ Lw 10 Inclined to go fishing by day 7 I?II fade out
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  • WORLD news
    • 642 12 NEW YORK CIBC will also stop structured finance business for 3 years as part of deal NYT ONE of the largest banks in North America agreed on Monday to abandon almost an entire line of business for at least three years
      NYT  -  642 words
    • 489 12 SEOUL Sovereign's bid to stop share sale dismissed AFP THE Seoul District Court yesterday turned down a petition by Sovereign Asset Management to stop the country's largest oil refinery from selling shares to friendly shareholders. The court's ruling dealt a blow to Sovereign, which
      AFP  -  489 words
    • 294 12 AFP, Bloomberg [PARIS] Dollar-pegged Asian currencies, in particular the Chinese yuan, are partially behind current instability in the euro-dollar exchange rate, European Union Trade Commissioner Pascal Lamy said here yesterday. Mr Lamy, interviewed by radio station RTL, also said that lowering eurozone
      AFP,; Bloomberg  -  294 words
    • 382 12 Reuters [CHICAGO] When Edward Zander takes the reins as chairman of Motorola Inc next month, he must find a way to spur growth and compete with the cell-phone maker's more nimble overseas rivals, analysts said. That might mean selling businesses, such
      Reuters; AFP FILE PHOTO  -  382 words
    • 531 13 ROME Company could declare bankruptcy today as it seeks to stay in operation Reuters Bloomberg, PARMALAT Finanziaria, Italy's biggest food company, is unable to document about 9 billion euros (Ssl9 billion) of funds in its accounts, said people familiar with the
      Reuters; Bloomberg,  -  531 words
    • 422 13 LATEST US INDICATORS Reuters, Bloomberg [WASHINGTON] The US economy grew at its fastest rate in nearly 20 years in the third quarter, boosted by robust consumer spending that carried on into the closing months of the year, reports showed yesterday. The Commerce
      Reuters,; Bloomberg  -  422 words
    • WORLD Watch
      • 88 13 AFP [SEOUL] The key local creditor of LG Card yesterday put off a limited auction to sell the ailing card unit of South Korea's second largest conglomerate due to a lack of interest. Eight local lenders had been invited to bid exclusively for the country's
        AFP  -  88 words
      • 84 13 Reuters [WASHINGTON] Signs of an improving economy and the capture of Saddam Hussein gave US President George Bush a boost heading into the 2004 election campaign, according to an ABC News/ Washington Post poll released on Monday. Mr Bush's approval rating stands at 59 per cent,
        Reuters  -  84 words
      • 88 13 AFP [WASHINGTON] The United States has moved to freeze the assets of two freshly minted European offshoots of Islamic groups suspected of raising money for the A 1 Qaeda terror network and asked for international sanctions against one of their managers. Monday's joint action
        AFP  -  88 words
      • 79 13 Reuters [SEOUL] South Korea had spent 161.2 trillion won (***** billion) in public funds as of November since the 1997-98 Asian financial crisis to bail out financial institutions, the finance ministry said yesterday. The government has issued bonds primarily to fund the bailouts and
        Reuters  -  79 words
    • 319 13 DETROIT Reuters THE US rules that govern fuel economy may be in for the most sweeping changes in nearly 30 years as regulators on Monday proposed closing loopholes to force automakers to raise the gas mileage on sport utility vehicles and
      Reuters  -  319 words
    • 433 13 PASO ROBLES, California About 40 people hurt as temblor lasted 20-30 secs LAT-WP A DEADLY magnitude 6.5 earthquake shuddered through California's Central Coast on Monday morning, crumpling a historic building here and killing at least two people. The 20-30-second temblor the strongest
      LAT-WP; AP  -  433 words
    • 571 14 NEW YORK They are the best investment for most people, say financial planners AP THE still-spreading scandal over shady dealings in the mutual funds industry isn't likely to hurt their overall popularity with individual investors. But it could lead to some of the
      AP  -  571 words
    • 337 14 NEW YORK The execs are suspected of possible trading violations; internal inquiry is continuing Bloomberg FRANKLIN Resources Inc, the biggest publicly traded US mutual fund company, suspended three employees for possible trading violations. It further said it received subpoenas from federal prosecutors about
      Bloomberg  -  337 words
  • 6 12 Transaction date: Dec 23
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  • Page 13 Advertisements
    • 1547 13 Notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 PACRIM PRINTING (ASIA) PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 18 December 2003. the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up
      1,547 words

  • 6 14 Transaction date: Dec 23
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  • 1870 14 SI-Wk Tel LM1 Vol Day Last Quot* GrOt* Mv GrYld MM MCw I—I U» C«4« Company Sale W- 000 M0i loo >ner Safcr Cw W M 26 7 5 5000 ABR HldgsSC 17 -1 10 17 17 17 19 nj 42 12 9 2101 APCMScl 29 unch 120
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  • 344 14 S3-Mi T«l Lat Vol Day UMQmK 6«tt» 0t» GrYW MM MCaa Law Ca«o Clip—! Sato w- CWW li» lew »fr Sdtor Cw M W 193 91.5 6000 AVJeonmg$A25c A187 *2 86 190 187 187 189 40 8-8 53 7.1 4025 6001 Cathay Pac 20c HIC720 265 2.1 7.4
    344 words

  • FOCUS environment
    • 1175 15  -  Falling water table levels may hit availability of grain worldwide, says Lester Brown, leading to rising food prices Lester Brown Washington Post WHILE Chinese Premier Wen Jiabao and President Bush discussed Taiwan, currency rates and North Korea during Mr Wen's recent visit, a more important
      Washington Post; REUTERS  -  1,175 words
    • 883 15  -  By Jason Szep EVERY two years, Indonesia loses about four million hectares of forest, an area roughly the size of Switzerland, to rapacious logging. Skies in northern China glow orange in sandstorms that cross the Pacific and lay dust on western US. In Hong Kong,
      REUTERS  -  883 words

  • BT motoring
    • Article, Illustration
      711 16  -  As 2003 draws to a close, Samuel Ee asks some of the people in Singapore's motoring industry what they wish for in the coming year Samuel Ee 'In 2004, Shell will remain committed to giving better fuel prices and value to all motorists. We hope that external forces
      711 words
  • 5 16 Transaction date: Dec 23
    5 words
  • 845 16 Transaction date: Dec 23 ttukmmm 8W Oaaa O—t» ttx*■— W Oaaa Ckan«e AKgrecn SOc 041 1.120 MatSteH 50c 037 2040 *0010 CMC 072 5 650 -0100 OCBC Ml ***** CapMaLand 1.11 1410 -0020 out 0 47 6800 Chart SemtCond 26c 137 1560 Partway H 25c 0 48 0.M0 -0010
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  • 583 16 BONDS WARRANTS Td Last Vol Cam bar 'cSc Gaar (Kt CMft Ma «w (UK »al> Wet li U> 3698 AST1\AK)***** 23 1 16 -3 1.74 6 3697 Aona Ltd W*****6 1 1 SO 410 10.00 11 3602 Amtek W*****0 120 1 33 6 1 20 18 3603 Armstrong W*****0 6
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  • SHIPPING TIMES
    • 269 17 Reuters THE Baltic Dry Index rose 20 points to 4741, the Baltic Capesize Index rose 55 points to 6862, the Baltic Panamax Index rose 3 points to 4462 and the Baltic Handymax Index rose 29 points to *****. TOfE-CHARTER: Pacific Confidence newbuilding *****0 dwt delivery ex yard Imabari
      Reuters  -  269 words
    • 289 17 SCX '000 D« 23 St Vol CH Offshore 034 -0.01 161 Chuan Hup 0.46 unch 304 Cosco IrivestiTwnt 0.58 i«h 1800 CWT Distribution 0.55 unch 0 Ezra H Idas .0.84 -0.01 170 Freight Units —....0.11 unch 845 GB rtoWings .0.70 unch 0 JayaHokJ.ngs 0.75 -0.01 641 K1 Venture
      289 words
    • 697 17  -  Security measures in place; shipping traffic remains normal: MPA By Beth Jinks [SINGAPORE] Singapore's security agencies are closely monitoring local port operations in the wake of heightened terrorism warnings from the United States, but shipping traffic remains unaffected so far.
      THE STAR  -  697 words
    • PORT Shots
      • 117 17 Reuters [BRUSSELS] Competition regulators at the European Commission approved a German government scheme to support loans for shipyards that pegs cost to risk, the Commission announced. The new scheme, proposed by the north German states of Lower Saxony, Bremen, Hamburg, Schleswig-Holstein and Mecklenburg-Pomerania, guarantees
        Reuters  -  117 words
      • 116 17 Bloomberg [SYDNEY] Defence Maritime Services (DMS) has signed a A 5553 million (*****.25 million) contract to supply patrol boats to protect the Australian coast. Defence Minister Robert Hill said. DMS will build and support the fleet of 12 Armidale class boats, which are bigger
        Bloomberg  -  116 words
      • 111 17 AFP [SEOUL] South Korea's Daewoo Shipbuilding and Marine Engineering Co said it has secured orders worth US$39O million to build seven vessels for four international buyers. They consist of two bulk carriers from Louis Dreyfus Armateurs of France, two car-carriers from Leif Hoegh of Norway,
        AFP  -  111 words
    • 326 17  -  By George Joseph [SINGAPORE] China Navigation Co Ltd, the deep-sea ship owning and liner trades operating arm of John Swire Sons, is acquiring from German ship owner and builder Oldendorff its liner business, Indotrans Services. The sale of Indotrans to the London-based Swire company
      326 words
    • 172 17 [SINGAPORE] The Grand Alliance will withdraw its seasonal transpacific Far East Express (FEX) service by end January as the slack winter season continues, following the suspension of its Asia-US East Coast service last month. Hapag Lloyd, NYK, OOCL and P&O Nedlloyd said the temporary
      172 words
    • 63 17 Reuters [SYDNEY] Australian shipbuilder Austal said it had signed contracts for a As3oo million (***** million) deal to build 12 navy boats for the Australian government. Austal and its two British partners were named preferred tenderer for the deal, worth a total of A 5533 million,
      Reuters  -  63 words
    • 988 18  -  STRAIT TALK A ship of any significant size, say over 500 gt, ought to have at least two certificated deck officers in addition to the master. For any ship above 1,500 gt, three should remain the minimum. By David Hughes I
      FILE PHOTO  -  988 words
    • 3 18
      3 words
    • 3 23 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 531 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL FRONTIER ST A 81 *****3 A/SIDE 24/12 2359 J P HARAPAN JBD01 J8 A/SIDE 24/12 0300 LABROY 158 EBLS32A J6 A/SIDE 24/12 1500 MARCOPO 3222 08/03J 11 A/SIDE 24/12 0630 MAWATANGNGE PV325 J16 A/SIDE 24/12 0500 NICO 3 2312
        531 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
        167 words
      • 787 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
        787 words
      • 58 25 U/F itnflttaraM* trui ttmr mm itWlid <—«■**> mttetta »Mcti H wlrt»« |)Tll<.»*fcn i W>m in. to >MaMr »ft» Mw yo—«< In f«»y«»Wc»l rulim Nr bfytty. CunEirt"" >— m— ■Ith tM ifr-MwH ifttmaMm UHto pyMHHU »y Ciwrt M.cM.H C»«I»OTtVW. (C)MAC) He «Hl Fee «etW w cwrwil W
        58 words
    • AIR & LAND transport
      • 423 26 Airbus overtakes Boeing as the world's biggest planemaker Bloomberg [TOULOUSE, France] Airbus SAS delivered its 300 th aircraft for 2003 and plans "a few more" deliveries before Dec 31, meaning the company will beat its target for the year and overtake Boeing Co
        Bloomberg  -  423 words
      • 181 26 Carrier to get 9 B777-200ER jets AFP [SEOUL] South Korean national flag carrier Korean Air said it had finalised a US$l.5 billion deal to buy nine planes from US aircraft giant Boeing Co. Boeing is to deliver the nine 777-200ER aircraft beginning June 2005
        AFP  -  181 words
      • 557 26 Pentagon requested to resume regular round-the-clock air patrols by F-16 jets LATWP [NEW YORK] City officials are so concerned terrorists will use jetliners as weapons again that they're talking to the Pentagon about resuming regular air patrols over New York, NYPD
        LATWP  -  557 words
      • 122 26 [SINGAPORE] It's Santa time again at Changi airport, as airline ground staff try to spread some festive cheer amidst the hassle and tension of the year's busiest period for air travel. Air France is one airline which has not missed the opportunity to let
        122 words
      • 152 26 Reuters [TORONTO] Air Canada said that its board reconfirmed its selection of Hong Kong-based businessman Victor Li's Trinity Time Investments as its equity plan sponsor. Air Canada, the country's No 1 airline an the world's No 11, which is restructuring under the Companies' Creditors
        Reuters  -  152 words
      • 176 26 Reuters [HANOI] Vietnam plans to turn a former American military base in central Vietnam into an international airport in hopes of boosting tourism to its white-sand beaches, officials said. They said that work was under way to add passenger reception facilities to
        Reuters  -  176 words
      • 427 26 Passenger loads hit record 73.9% in Q1 to December 2003 Reuters [BANGKOK] National carrier Thai Airways International said its 2003/04 financial year will be better than the year before, with passenger loads at a record high after fears of Sars receded. Chairman Thanong
        Reuters  -  427 words
      • 406 26 AIRUNE COOES M AmencanArmsiAAL).Af to France (AfR) AL to toda (AtC). AY Ftonar Oy (FW). AZ AtotaArms(AZA) BA Brtsti Arwrys Putte LU Co (SAW), 8G Bmar BangtMesn Arms /BSC), ft Hoy* Brun* Arms Stti Bhd (RBA) BO Bourat) Arms (SOU). BR EVA Arwtys Corpn (EVA). CA
        406 words
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    • 830 18 I TO USA/CANADA I 1 EXPORT I I OTHER DESTINATIONS" 7 Vgsa jvOT PW |HA ill juWG PIMM jft>UAS| HOUSTON MMPWS |OtCA6O|HW TOM TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtOIGXIOYDHOUWMI 1*52 23/12 M/ 12 01*1 13*1 1«/D1 14*1 14/01 17*1 JvKsti VOT HA SMl'l KG —fiT"| —ST" $yT"| —«£1 AM PtO
      830 words
    • 503 18 lines services represented by Mambers of the Regislry of Accredited Shipping Agents, Singapore Shipping Associc*ion Members of the i= ssii_ Singapore Logistics Association gg ULY UNE MALE voy eta eta eta A P. KUWG SWXK MALE Kindia 305W 31/12 29/12 10/01 Princess Lify 0104 11/01 12/01 20/01 Maid Carrier 744
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    • 1301 19 TO EUROPE FROM EUROPE IVBSa VOT SI GIT RTM ANR HAM MV SOU 184 VBSa |WY RIM MM NAM »V SOU l» SW AfICYWOf 122W25/12 14/01 I*/0112/01 NYIEMPOEBKI SIX OS/12 07/12 11/12 03/12 27/12 MOl ADVANTAGE 019W 2*/12 11/01 13/01 14/0117/01 MOLPttBCN 01*01/12 10/12 13/12 14/12 30/12 HYRBDOM 317W 20/12
      1,301 words
    • 2421 19 ■> MONTHLY CONYABKRISfR SERVKIIO SOUTH PACIFIC ISLAND 01 COSTA* 5 ShTpMNS PTE LTD SBHBKr SSR/u m "W I IAUTOM awiiWMWW nt»n»moi«tt() wwu»(d/oi mksiu a2*siu/«o I DAKCTC /TAUITII T/S»W *****12S *****114/44 I rATttlt |IAfIITII JOHorsorott coimimaui mtosiso *****201 I COSIAI A6QKKS IN) SON IHO TE:OMSMIM HULI7-ISMI7I VSL/VOY SGP HK£ SHA (MM
      2,421 words

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    • 796 20 K7I nCI WLM A C ENQUIRIES/BOOKINGS: #*****44 FAX: WWW IMAM.: MmM*Mmn.comjg UCLIVIAO POCUMgNTATIONa/OPWUTKWIfc ******37 FAX: 833*0177 vissa voT ~si»T ieunk* iuamoa rowfrtwowt mna LmmuiAiiojAw'TmA iomi two* (otoeou w> douauqwhc tin*! 305W W/l? 11/01 07AB H/01 OS/TO 30/01 IH/W 40W 01/01 H/01 20/01 24/01 03/0? 74/01 20/01 7t/Dl 30/01 81/W 04/0?
      796 words
    • 1497 20 WAN HAi NTtRNATIONAI. PTE LTD aRfti44OSONOOO/i Vr-A i a TEL *****5tt (141 MB) FAJL4224IIM \nk\WAN HAI LINES sssssssssusssl. V*" mm ntMiiuj iv an»i L-. *1 fcWISWWWt(niIStSVMUK:H4M4/7HMI M1714D1 rn mmwimunn M4I) 4I»» IML IMI) 4HWB/4MWW pcusmmkmi m m an m m n* *m m> m hsnsra —iui jmj ?o? irm-sii —sin
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    • 519 20 BSAx MYANMA FIVE STAR UNE (Mvmmt National Um) Lm*) for YwfM vtssa vor sm pu ph pgu HPA-AN 31SW PAGAN 323W SIS IN MALAYSIA: KHISTUO SHIPPING AGtNOiS KUL 03-*****500 PCU 03-317*4101 PEN: 04-*****03 ACCEPTII6 COWVEWTIOiU C6O VtSStl vor NG SIN PGU PU (IK 0110(1 UNC lIS SID SU> SU) SU>
      519 words

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    • 1357 21 IVISSiI VQY KHH HKQ SIN PKI DX> >AI DM* »IK~| CAPf FRIO PC ***** SKIP 27/12 31/12 01/01 10/01 11/01 16/01 lt/01 SEA NAVIGATOR PCUOIt SKIP SKIP 02/01 01/01 11/01 12/01 17/01 19/01 IRAN L OUI ST AN PCLSO2O SKIP SKIP 13/01 12/01 23/01 24/01 29/01 31/01 Also accepting Containers
      1,357 words
    • 634 21 a UK CONTINENT SERVICE Lowing for ASIRAT RTM/ATW/BMN/UK/NAN Loads Singapore E/W Mateyaa, Indonesia MIDDLE-EAST SERVICE Loading for PtAMER DBl/ABU/DO H/BRN/DMM/KWT GRAIN TRADER JDH/AQA PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT Toads Singapore, EVW Malaysia. Indonesia USA SERVICE Loading for AVENTICUM CAM/NFK/SAV/NOi. NENA F CAM/NFK/SAV/NOL *Load» E/W Malaysia. Indonesia F.E./S.E.A. SERVICES S pore Loading for
      634 words
    • 1077 21 a Bat— _msa m mi «t ipaoamoa I now 17/n LIZI2 msmu riosi u/» I"< »**>* "03* UZII !3Zl2_ MMIBU HU fx ianpa I 1104K nm n/n nr siiii cian -MtMJfi* 11 Mil n/u ?yi? Auaum U7t a/u »/n -ttUtiffiA now n/n a/12 _pacu*da nom i«/n 24/12 LLM* m/h tt/n
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    • 579 22 i iibim ■ffifPflTlGaStt 146N 30-31/12 0/41/01 13-14/01 I ■MiMMITIGatMIOOE 147K 04 05/01 10-11/01 17-11/01 I HtQXQHIKa SHARK 148N 06-07/01 14-15/01 70-71/01 I ■■■■iKaSKY 14fN 10-11/01 17-11/01 24-25/01 I Pl—Twast* isoii 13-14/01 ?ia/oi 27-21/011 ?4-?7/i? 0305/01 14-15/01 B ■MVMMITIGEX STKIMG 500 21-21/12 03-05/01 13-14/01 I ■UlailfilaiM 170 29-29/12 03 05/01 13-14/01
      579 words
    • 1001 22 w r-i■ U' --v A FREIGHT LINKS EXPRESS PTBtLTI^ 51 Penjuru Road, 3 Level, V |T\ it Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg LCL SERVICE TO JAPAN/INDONESIA/PHIUPPINES/CANADA OSAKA JAKARTA VANCOUVER «j YOKOHAMA NAOOYA CEBU TORONTO TOKYO SURABAYA MANILA Booking 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT €r HEAVY LI
      1,001 words
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  • Page 25 Miscellaneous
    • 113 25 f^SSS^SSBBSSSSSS^OBSSSSSSSk' 206 SSSIEfc J Issued by Meteorological Service Division,NEA LEGEND: r < Thunderstorm Wind speed symbols showers Fu circ,e w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots dx Hazy A -One solid triangle represents
      113 words