The Business Times, 25 December 2003
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2003-12-25
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The Business Times
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Title Section11 2003-12-25 1 MfTA (P) 024/03/2003 85c THE BUSINESS TIMES SINGAPORE Intei'ppc KtpV/business-times.asial .com.sg11 words
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392 2003-12-25 1 Serena Ng - It's said to be keen on 30% stake; some Manila brokers fear impact By Serena Ng [SINGAPORE] The Singapore Exchange yesterday said it is holding exploratory talks with the Philippine Stock Exchange on a possible tie-up, following reports from Manila saying392 words
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Article, Illustration567 2003-12-25 1 Chen Huifen - Business hurt by early Chinese New Year, seat shortage By Chen Huifen [SINGAPORE] The Chinese New Year holidays usually herald a surge in sales for travel agents, but most are expecting a flat performance for 2004 compared with a year ago. The mainFILE PHOTO - 567 words
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Article65 2003-12-25 1 «Tl 1,725.99 (+5.07) ST INDEX FUTURES 1,730.00 (+15.00) SIMSCI FUTURES 212.00 (+2.20) THURSDAY, DECEMBER 25, 2003 Wednesday Change KLSECOMP 777.17 4>16 NIKKEI m 10,***** -124 IIAMi SKN(i *****.70 SET INDEX 7fl.» 4 »2 JAKARTA <X)MP ...Hnsrd MANILA COMP dosed TAIPKI WPI 5,857.87 1116 SEOTLCOMP ***** -M» SHENZHEN B 276.4865 words
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Article82 2003-12-25 1 FOREX RATES US$ S$ I'SS (S$ per I'SS) 1.709 V|l SS/SS per S>_ 1.764 .1.015 B10|DS«M|. 1140 llfll YKN 107.5 6190 KM 1800 am HKS 7 765 454.1 BAHT 39.61 2117 RI'PIAH H.4K7 4565 ■OHM 8199 4.855 INDIAN RI'FEE 45.72 2674 AS 1,15.1 0792 NZS 1.551 0907 PRIME RATES82 words
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860 2003-12-25 1 Daniel Buenas - Research house sees soaring global LCD TV sales over next few years By Daniel Buenas [SINGAPORE] The consumer electronics industry in the Asia-Pacific region has emerged relatively unscathed from the Sars epidemic, but analysts predict the real growth will come over the next860 words
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Page 1 Advertisements
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Advertisement23 2003-12-25 1 How to bill not kill your customers PAGE 14 Create complementary linkages wtth firms in CMna, India: Borland chief PAGE 13 8 II23 words
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Advertisement70 2003-12-25 1 adv What even more golden than silence? r VLia |P .k Master Grande Memovox Reaching beyond the frontiers of fine horology our master-watchmakers have combined a perpetual v calendar and an alarm in single innovative movement. Its crystalline note your next appointment tjAEGER-LECoULTRfr For your free copy of The Manufacture70 words
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NEXT page
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Article1234 2003-12-25 2 Tang Weng Fai - Regional competitors closing gap in race to be regional biotech hub By Tang Weng Fai [SINGAPORE] Singapore's early edge in the race supported by excellent infrastructure to be the regional biotech hub looks set to be increasingly hard to defend as it finds ways to1,234 words
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Article, Illustration903 2003-12-25 2 Mushrooming industry spells good news for travellers Cox Newspapers [LONDON] Pil Evans knows what it means to fly "no frills". It means packing food from home, travelling to far-off airports, and walking under an open sky from the terminal to the plane, even whenCox Newspapers; REUERS - 903 words
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404 2003-12-25 2 Taila Krishnakumar - BT exclusive Court battle looms over fixed deposit at offshore bank By Taila Krishnakumar [SINGAPORE] Pertamina Energy Trading Ltd (Petral) is taking legal action against Credit Suisse over a fixed deposit of US$B million which has been the subject of an ongoing Commercial Affairs404 words
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464 2003-12-25 2 Shoeb Kagda - Key stock index has risen 66% this year as funds poured in From Shoeb Kagda in Jakarta INDONESIA'S capital markets enjoyed a phenomenal year in 2003, raising some 35 trillion rupiah (Ss7 billion) through initial public offerings, rights issues, and corporate bonds,464 words
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SINGAPORE markets
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Article, Illustration697 2003-12-25 3 Joyce Koh - Research report predicts fair value for the STI at above 2,000 next year By Joyce Koh IN yet another bullish report on Singapore, local brokerage UOB-Kay Hian said 2004 could mark a real recovery in the stock market on the back of good qualitySource: Bloomberg - 697 words
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Article, Illustration729 2003-12-25 3 Kenneth Lim - But be selective and don't blindly ride momentum, it says By Kenneth Lim A BROAD market rally in January will be a good opportunity to re-balance a portfolio of small market capitalisation stocks with those of service-oriented companies orSource: Bloomberg; FILE PHOTO - 729 words
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720 2003-12-25 3 serena ng - HOCK lock siew serena ng Biotechnology start-up Rockeby Biomed has won many sympathy votes for its failed attempt to list here and the episode has even led the Singapore Exchange to consider changes to its listing requirements to accommodate biotech firms. But while some720 words
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Article296 2003-12-25 3 Rantgate in $3.75 m share placement EASTGATE Technology Ltd is making a placement of 23 million new shares to raise $3.75 million. The placement shares, representing about 7.6 per cent of the company, will be issued at 17.1 cents each, a discount of 10 per cent on the296 words
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Page 3 Advertisements
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Advertisement29 2003-12-25 3 H LianheZaobaojg I Office space and I I property market I lu bounce I back Hi) I lattidof I I nextyear I I rffi I Immmx* I ife I29 words
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Advertisement254 2003-12-25 3 Call toll-free 1800 289 8822 E—U: notices#sph com-sg NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF CASTLE GREEN PROPERTY PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Final General Meetng of the members o< the abovenamed254 words
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Advertisement555 2003-12-25 3 IN THE MATTER OF THE COMPANIES ACT (CAP. 50.1994 Ed) AND IN THE MATTER OF (JOB VENTURE INVESTMENTS LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at the Penthouse of United Overseas Bank Limited.555 words
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SINGAPORE markets
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Article, Illustration625 2003-12-25 4 SERENA NG - Compiled by SERENA NG A-Reit Dm 24 cloriwg $1.15 RIDING fast on the acquisition path, Ascendas Real Estate Investment Trust (AReit) has proposed to buy the Changi International Logistics Centre for a purchase price of $45.6 million a second multi-tenanted building in less than a month. It estimatesSource: Bloomberg - 625 words
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Article, Illustration354 2003-12-25 4 Wong Wei Kong - HOT STOCK WARRANT By Wong Wei Kong MAINBOARD-LISTED Beauty China Holdings continues to attract active interest since listing on the Singapore Exchange a month ago. Yesterday, the stock was the session's second most heavily traded issue in overall thin trading. Beauty ChinaSource: Bloomberg - 354 words
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Article, Illustration525 2003-12-25 4 r. sivanithy - BT comment STOCKS r. sivanithy WILL rising earnings be enough to sustain a rally next year? Yes, says local broker UOB-Kay Hian in its 2004 strategy report. Not necessarily, says Kim Eng Securities because liquidity may not be sufficient. We'll return toSource: Bloomberg - 525 words
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Article, Illustration454 2003-12-25 4 Mad cow case in US has only limited impact on market AFP [TOKYO] The US dollar rose marginally against the yen yesterday as the impact of the First suspected case of mad cow disease in the United States appeared limited, dealers said. The US dollarAFP; AFP FILE PHOTO - 454 words
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TRADES TO WATCH
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Article, Illustration112 2003-12-25 4 SERENA NG - Compiled by SERENA NG 2G Capital's Gay Chee Cheong (above), a non-exec-utive director of fashion and design school Raffles LaSalle, bought a total of 100,000 shares in the company for his personal account on Dec 23 and Dec 24. He bought 76,000 shares on Dec 23 at around 80.1 cents112 words
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Article, Illustration142 2003-12-25 4 OTHER SINGAPORE INDICES Dec 24 VALUE CLOSE BTOB/OS -77.00 +187.00 BT CADI +68.00 BT 10-day MA -*****.00 Aft-SG Equities 464.34 +1.39 SG Equities Beet 173.90 +0.40 SG Equities Fin 1445.41 +3.00 SG Equities Prop 423.72 -0.20 HSCI Singapore 211.35 +0.63 SMBCtFaksw 212.00 +2.20 Closing prices are in trading currencies, but142 words
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SINGAPORE news
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Article, Illustration955 2003-12-25 5 Five to six years. That's how long a CEO should stay on the job because it's humanly impossible to keep on regenerating the same company, Khor Poh Hwa tells Andrea Tan CHIEF executives should stay on the job for "only five toCHRIS LOH - 955 words
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Article509 2003-12-25 5 It will be interested in case of a direct sale, says CEO CPG has eyes for Jurong Consultants if it is up for a direct sale, CPG chief executive Khor Poh Hwa says. "If Jurong Consultants' management is willing to launch an MBO (management buyout) to509 words
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Article, Illustration2494 2003-12-25 6 JAIME EE - X'MAS ROLL OF HONOUR You better watch out You better not cry You better not pout, I'm telling you why Santa Claus is coming to town He's making a list He's checking it twice Gcmna find out ivho's naughty or nice Santa Claus is coming toPHOTOS FROM AFP, AP. BLOOMBERG, REUTERS AND FILE PHOTOS - 2,494 words
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REGIONAL news
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Article, Illustration475 2003-12-25 8 Eddie Toh - Listing may dilate his share; source denies move is a precursor to PSA or Temasek stake From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Syed Mokhtar Al-Bukhary is set to float his Port of Tanjung Pelepas (PTP) by next year inFILE PHOTO - 475 words
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276 2003-12-25 8 JAKARTA THE Indonesian national police announced on Tuesday another financial scandal at Bank Rakyat Indonesia (BRI) involving 200 billion rupiah (5540.2 million) from the workers insurance fund, PT Jamsostek, the Jakarta Post reported yesterday. The alleged fraud emerged as investigations into276 words
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443 2003-12-25 8 PETALING JAYA, Malaysia Some analysts see 10-15% rise in sales, others wary Reuters MALAYSIAN property developer Peter Chan surveys his biggest project from atop a hill. The 300-hectare Damansara Perdana development near Kuala Lumpur is now dotted by clusters of high-rise buildings andReuters - 443 words
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321 2003-12-25 8 SHANGHAI Reuters CHINA'S market watchdog has laid down rules to improve information disclosure by listed firms, the latest sign of redoubled efforts to heighten transparency on a bourse dogged by notoriously murky corporate dealings. Corporate opacity has been a persistent complaint of foreignReuters - 321 words
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234 2003-12-25 8 KUALA LUMPUR MICHAEL Hague, the departing chief executive officer of RHB Bank, has been approached to take over the top post at Bumiputra Commerce Bank Bhd (BCB), the Star yesterday quoted industry sources as saying. It is believed that Khazanah Nasional Bhd, which234 words
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NOTE Book
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110 2003-12-25 8 Bloomberg [NEW DELHI] India's finance ministry has recommended that overseas funds be allowed to invest in as much as 74 per cent of phone companies compared with 49 per cent now, said A run Shourie, minister for telecommunications. The recommendation will be consideredBloomberg - 110 words
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76 2003-12-25 8 Bloomberg [NEW DELHI] Bharat Forge Ltd, an Indian automobile parts maker whose clients include DaimlerChrysler AG and Toyota Motor Corp, plans to expand in North America and China in the next three years, as it seeks to become the world's biggest maker of machine-pressedBloomberg - 76 words
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74 2003-12-25 8 Reuters [SHANGHAI] Japan's NEC and China's SVA Group will invest 114.6 billion yen (Ssl.B billion) in a venture to set up the mainland's first plant to make glass panels for liquid crystal displays, both firms said yesterday. The venture, announced in March andReuters - 74 words
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77 2003-12-25 8 Reuters [TAIPEI] Taiwan's Qnanta Display Inc plans to invest NT$BO billion (Ss4 billion) in a plant to make screens for notebook computers and LCD televisions, a newspaper reported yesterday. The Chinese-language Commercial Times said Quanta Display, the island's fifth largest display maker, would start constructionReuters - 77 words
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67 2003-12-25 8 Bloomberg [MUMBAI] India's central bank raised the amount of foreign exchange individuals may purchase to make payments overseas, it said in a statement in Mumbai on Tuesday. "With a view to further liberalising the availability of foreign exchange to residents without documents, it hasBloomberg - 67 words
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Article, Illustration723 2003-12-25 9 NEW YORK Cost cuts make sense but it's not politically correct to advertise it Reuters US CORPORATIONS are picking up the pace in shifting well-paid technology jobs to India, China and other low-cost centres, but they are keeping quiet forReuters; AFP - 723 words
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Article, Illustration469 2003-12-25 9 BANGALORE Reuters INDIA'S film makers are offering Internet movie downloads on website Kazaa in a move that could lower costs and boost revenues in Bollywood, the world's most prolific film production centre. Some 35 producers will be able to sell movies using Kazaa, aReuters; REUTERS - 469 words
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344 2003-12-25 9 BEIJING Bloomberg BANK of China, the nation's second-largest lender by assets, will get a US$2O billion government bailout as soon as next week to help write off bad loans before a first-time share sale in 2005, said an executive at the bank.Bloomberg - 344 words
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810 2003-12-25 9 William Pesek Jr - By William Pesek Jr Bloomberg IT'S been a pretty good year for Asian economies and markets. War in Iraq was a drag and North Korea got weirder than ever, but Asian growth boomed, stocks soared and the region's leaders flexed their muscles. TheBloomberg - 810 words
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Article46 2003-12-25 8 UNIT TRUSTS FUNDS LEGEND Al pros ar* MM* ncapt ♦or E« fcnggrt Aswts. Broacty Onwrvficd. I Narrowty Focused; law ftafc.» bow to Madum Risk.» Madun to t*Bhlbs*. **t*gherK«fc.«open-ended.. Before subdivision o4 units; Aftar subdivision of units SP aftar stock split N> Non Baaing Day; Boor Fnce3W.»lS46 words
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Article, Illustration1078 2003-12-25 9 Transaction date: Dec 24 nrrEBBAMK CROSS rates AS a ftnt faro H*S Mh tupUk Yw Wow llg Wh Nm g_fcg Sfr TS 8*t PqwmI USS Australia 0.976 6.132 0.596 5.738 33.785 62.718 0.794 8.866 2X08 1.146 42.286 ***** 1.263 5.IW 0.929 2S.165 ***** 0419 0.739 Canada 1.024 6.280 0.6101,078 words
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FOCUS accounting
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Article, Illustration1071 2003-12-25 10 The scandal at Enron and a slew of rule changes in its wake have kept accountants in Singapore on their toes these past couple of years The year 2001 was a watershed year for the accounting profession. Justly or unjustly, the profession has been under public scrutinyBLOOMBERG - 1,071 words
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Article1552 2003-12-25 10 SICOM FUTURES Dec 23 RUBBER Fatem (Closing prices) RSS1 (S cents/kg) Close Volume Open Montli High Low Sett (tonnes) Interest Jan 04 217.00 Feb 04 218.25 Mar 04 219.50 Apr/Jon 04 222.50 RSS 3 (US CMtsAq) Volume Opm Montli High Low Sett (tonnes) Interest Jan 04 125.00 1 8001,552 words
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WORLD news
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459 2003-12-25 11 NEW YORK Critics say money laundering activities on his watch taint his reputation Bloomberg JOHN Reed, interim chairman and chief executive officer of the New York Stock Exchange (NYSE), had pledged to "reestablish trust and confidence in the NYSE and its governing practices" when heBloomberg - 459 words
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301 2003-12-25 11 TOKYO Bloomberg JAPAN'S Cabinet endorsed an 82.1 trillion yen (Ssl.3 trillion) budget proposal for next year, capping spending and new bond sales at about this year's levels to try and curb the industrialised world's biggestBloomberg - 301 words
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240 2003-12-25 11 AP AFP, [SINGAPORE] Singapore has suspended beef imports from the United States after the US reported its first suspected case of mad cow disease. The Agri-Food and Veterinary Authority (AVA) said in a statement yesterday that it had suspended US beef imports as part ofAP; AFP, - 240 words
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408 2003-12-25 11 NEW YORK LAT—WP NEITHER one can afford the other. Mixing the two cultures would be tough. And they may not get the blessings they need. Other than those problems, some experts say hitching the country's two largest stock markets could be a wonderfulLAT—WP - 408 words
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Article, Illustration463 2003-12-25 11 CHICAGO Reuters THE revolving door to the executive suite is spinning around again. Corporate scandals, impatient boards and fed-up investors have forced a collective upheaval in the top ranks of American businesses since the stock market collapsed three years ago. Now, CEO dismissalsReuters - 463 words
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Article, Illustration784 2003-12-25 11 Related futures, shares set to plunge on discovery of disease in one cow Bloomberg, NYT [NEW YORK] The US beef industry might face billions of dollars in losses should a test for mad cow disease on a lone Holstein cowBloomberg,; NYT; AFP - 784 words
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Article, Illustration146 2003-12-25 11 NEW YORK Bloomberg JOHN Thain (right) sold Goldman Sachs Group Inc shares for the first time since the firm went public in 1999, a day after he was named to head the New Vork Stock Exchange, according to Securities and Exchange Commission filings. Mr Thain,Bloomberg; AFP - 146 words
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Article, Illustration408 2003-12-25 12 Investigators have rough outline of how fraud perpetuated at the food giant Bloomberg, NYT [MILAN] Parmalat Finanziaria will file for bankruptcy protection after the Italian government passed an emergency measure on Tuesday to speed the restructuring of the country's biggest food company. The governmentBloomberg,; NYT; AP - 408 words
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Article325 2003-12-25 12 But analysts say Fleetßoston deal still intact Reuters [NEW YORK] Bank of America Corp investors might be getting whiplash. Fewer than four months after the mutual fund scandal broke, and two months after it agreed to pay a steep US$47 billion for Fleetßoston Financial Corp,Reuters - 325 words
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Article, Illustration393 2003-12-25 12 NEW YORK Bloomberg MICHAEL Randles's Christmas tree is so big it took a crane to erect it on the front lawn of his Stone Mountain, Georgia, home. Mr Randies, owner of M&M Mortgage Corp, spent more than US$5O,OOO to buy the 60-foot NorwayBloomberg; AFT - 393 words
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284 2003-12-25 12 WASHINGTON Reuters, AFP AN ADVISORY board to US President George W Bush concluded that he made a questionable claim but was not deliberately deceptive when he charged in his State of the Union address that Iraq tried to buy uranium for nuclear weapons, theReuters,; AFP - 284 words
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Page 11 Miscellaneous
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Miscellaneous251 2003-12-25 11 CRYPTIC CROSSWORD 10 The writer will find a quarter j-j—^ 27 Odd letters may be written to gain support (7) 28 This could well cause some 8 The player finds a consider- Across: 1 Laid back, 5 Scrimp, misting (7) able number lock (7) 9 Designer, 10 Angled, 12 Es--14251 words
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Article815 2003-12-25 12 Transaction date: Dec 24 Hmtkmmm m O— On< Mxt 1 O— OM|I AUgraan SOc 0.41 1.110 -0.010 NKStMi SOt 0 37 2 MO C*C an 5.700 *0 050 OCBC 8.5® 11.100 CwMUnd 1.12 1.460 *0.020 Out 048 6450 *0.050 Owt ScnuCand 26c i J8 1570 *0.010 Pvkway M 25t815 words
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Article582 2003-12-25 12 BONDS WARRANTS Td Last Vol Com Exar 'SI Cmt 'iSESh Cat» C—nt M» o- fW) lih Mn U> *98 AST1W*****1 23 unch 10 1 16 -4 176 6 3697 Aorta Ltd W*****6 1 1 SO 437 930 11 3602 Amtek VW***** U0 1 33 6 120 18 3603 Armstrong W040S20582 words
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Page 13 Advertisements
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Advertisement63 2003-12-25 13 AUDEMARS PIGIIET —nil u*~-\ Le maitre de I'horlogerie depuis 1875 r ■S' C.« J- I IH y--ggt ____J Regional Agent, Showroom Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. THF HOI IR CA |1501l 501 Orchard Road #03-10/11 Wheelock Place Singapore *****0. Tel: 6238 6678 Fa*: 6238 6676. lit. rTVAIIxVJLAJJ J63 words
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BizIT
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Article, Illustration337 2003-12-25 13 Amit Roy Choudhury - By Amit Roy Choudhury SINGAPORE should try to create complementary linkages with companies in China and India and leverage on one of its greatest assets, which is that it is a destination of choice for MNCs. That advice comes from William F Miller, an337 words
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Article, Illustration532 2003-12-25 14 Raju Chellam - It wants to set up its own facilities in those two markets next year and double overall headcount in the next couple of years, founder Arvind Agarwalla tells Raju Chellam Raju Chellam SINGAPOREbased Fact Software International plans to use its Singapore hub to532 words
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282 2003-12-25 14 Bloomberg [MADRID] International Business Machines Corp, the world's biggest provider of computer services, won 1.4 billion euros (552.96 billion) in contracts to run computer departments for lender BNP Paribas SA and phone company Auna. IBM signed an agreement with Paris-based BNPBloomberg - 282 words
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171 2003-12-25 14 Bloomberg [TOKYO] Matsushita Electric Industrial Co, the world's largest consumer electronics maker, will spend about 130 bUlion yen (Ss2 biUion) to buUd a plant to make chips for products such as flat-panel TVs and DVD recorders. Matsushita will start building theBloomberg - 171 words
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Article312 2003-12-25 14 Analysts were expecting company to post a net loss Reuters [SAN FRANCISCO] Micron Technology Inc, the world's No 2 maker of memory chips, beat Wall Street expectations in swinging to a net profit from a year-ago loss as a result of cost reductions and anReuters - 312 words
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Article, Illustration658 2003-12-25 14 Focus on these key features to get the best model for your needs LAT-WP WITH an estimated 300 digital camera models on the market, picking the right one can be a daunting job. But you can narrow the field by deciding howLAT-WP; AP - 658 words
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Article, Illustration711 2003-12-25 14 david yuen - How to bill —and not kill your customers SAY IT Billing solution convergence looks set to take on a greater role in the future david yuen THERE has been a spate of billing fiascos in recent months across the Asia-Pacific. Singapore's SP Services recently went to court for its billing711 words
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Article70 2003-12-25 13 524* T«t 1st JM 0*y last Quote GrtMv tXv GrYM MM MCjb t—r Ca4t S* w- fH Imm layer Sdhr CVr W id 8780 2000 6065 Diamonds US2060 2000 ***** 6095 I5DJ U5T«h US3740 6097 IS MSCI Spore USSSSxd 6101 ISS4P500 US8270 9650 9650 617C SPORS US9650 181670 words
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Article349 2003-12-25 13 U-Wk Tat 14X1 Vol Day lactQwte GriMv Or. GrVM *et MCm t—» Cadi Ctmtm* ith w- CW) Loo Buyer Wn Cvr W lU 193 91 .S 600C AVJenrengs A2Sc A190 *3 S3 190 187 188 191 40 84 S3 7J 4089 6001 Cathay Pac 20c HK720 265 2.1349 words
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SHIPPING TIMES
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Article267 2003-12-25 15 Reuters THE Baltic Dry Index rose 20 points to 4761, the Baltic Capesize Index rose 40 points to 6902, the Baltic Panamax Index rose 8 points to 4470 and the Baltic Handymax Index rose 98 points to *****. TOCE-CHARTEB: Papa (built 1989) *****9 dwt delivery Tarragona 22/25 DecemberReuters - 267 words
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Article293 2003-12-25 15 SGX '000 Ore 24 S$ W- Vol CH Offshore 035 0.01 682 ChuanHup 0.46 unch 141 Cosco Investment JOS9 0.01 571 CWT Distribution .0.55 unch 0 Ezra Hldgs -..JOM -001 203 Freadit Links All unch 695 GB Holdings .0.70 unch 0 Jaya Hotdmcs. 0.77 0.02 236 K1 Venture293 words
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349 2003-12-25 15 Beth Jinks - Three indicted for creating false log books to conceal pollution off Miami By Beth Jinks [SINGAPORE] Three former Norwegian Cruise Lines (NCL) senior engineers have been indicted in Miami on charges they covered up oil waste dumping from two cruise ships. The sea349 words
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Article, Illustration58 2003-12-25 15 AP [VIGO, Spain] Onlookers view the Queen Mary 2, the world's largest ocean liner, as it arrives in the Port of Vigo, northwestern Spain, during its voyage from Saint Nazaire, western France, to its British home port of Southampton. Later this week Queen ElizabethAP - 58 words
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248 2003-12-25 15 7% of inspected ships detained in year through Nov Bloomberg [LONDON] The UK detained 17 foreign-registered ships at British ports during November after they failed safety inspections, with 10 of them held over from previous months. Of the ships inspected inBloomberg - 248 words
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Article, Illustration39 2003-12-25 15 [NEW YORK] A US Coast Guard vessel patrols New York Harbour near the Statue of Liberty. The Coast Guard has increased patrolsfollowing the Dec 21 increase of the national security levelfrom code yellow to orange. REUTERSREUTERS - 39 words
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Article106 2003-12-25 15 [SINGAPORE) The Maritime and Port Authority of Singapore (MPA) has warned ships and pleasure craft to keep clear of Marina Bay during the New Year's Eve fireworks display. All vessels are barred from mooring or moving within a 200 m safety radius centred at106 words
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179 2003-12-25 15 Bloomberg [MANILA] Twenty people from a sunken Philippine ferry were rescued by a Malaysian cargo ship, leaving 53 others missing, according to the Philippine National Disaster Coordinating Council. Pacific Valor, a cargo ship on its way to Malaysia from China, plucked the survivors fromBloomberg - 179 words
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Article, Illustration735 2003-12-25 16 David Hughes - NEWBUILDS By David Hughes INTEREST in products tankers appears to be unabated, with several contracts noted this week. Among owners booking new tanker tonnage is Swedish-based Brostrom, which has placed an order for the building of four 14,500 deadweight products/chemical tankers as part of itsFILE PHOTO - 735 words
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SHIPS IN PORT
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Article459 2003-12-25 21 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER228 E3296 J3 A/SIDE 25/12 0230 CITRA LINE JDB04 J8 A/SIDE 25/12 0300 DELMAS FORBI 350E J25 A/SIDE 25/12 0600 KEN KOKU UC 157 J23 A/SIDE 25/12 0900 MU EXPRESS 20SA J14 A/SIDE 25/12 2359 WIDIAGUNG JBD03 J3 A/SIDE459 words
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Article171 2003-12-25 21 Dec 20 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 Zealand: Christmas Day.171 words
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Article842 2003-12-25 21 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 and842 words
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Article524 2003-12-25 21 Carbon '80 Max 991.6 0.9 14.9 0.05 45 0.04 Dec 18 tensity Water Unidu* AshAluminium Sediment Ho above E25 2 0 0 TTT 380 Ave 984.6 02 12.7 0.05 31 0.02 380 Mai 991.4 0.4 16.9 0.08 75 0.04 tt/MI »»/V »m/m »«/M mi i-tiwa Wo524 words
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AIR & LAND transport
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Article, Illustration857 2003-12-25 22 Intelligence reports say terrorists may target US-bound flights from abroad LATWP [WASHINGTON] New US intelligence is prompting stepped-up scrutiny into whether foreign airports and airlines have been penetrated by individuals sympathetic to terrorists groups, US law enforcement officials said. US security officialsLATWP; REUTERS - 857 words
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Article, Illustration553 2003-12-25 22 AIRLINE COST-CUTTING Initial goal to get pilots to agree to pay cut NYT [ATLANTA] Delta Air Lines' incoming chief is making more cuts in the executive pay programme that ignited a firestorm of controversy when it was disclosed last spring. Soon-to-be CEONYT - 553 words
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Article207 2003-12-25 22 Reuters [STOCKHOLM) Scandinavian airline SAS said its top executives would take a 10 per cent pay cut from the start of next year. "On January 1, 2004 the group management and the management of Scandinavian Airlines will reduce their salaries by 10 per cent,"Reuters - 207 words
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236 2003-12-25 22 Bloomberg [TOKYO] Japan Airlines System's cargo revenue from China, which is forecast to increase about 40 per cent this business year, will grow at a faster rate next year as it expands capacity because of demand for Chi-nese-made goods, a company officialBloomberg - 236 words
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Article122 2003-12-25 22 Bloomberg [DUBLIN] Ryanair Holdings, Europe's No 2 low-cost airline, said it will carry 1.25 million passengers during the region's Christmas holiday period, an increase of 63 per cent from a year earlier. "This year will be our busiest Christmas ever," Ryanair deputy chief executive MichaelBloomberg - 122 words
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Article, Illustration419 2003-12-25 22 They will get as much as 65.9% after carrier is revamped Bloomberg [ONTARIO] Air Canada suitor Victor Li raised the stake creditors would get in the reorganised airline to as much as 65.9 per cent from 56 per cent, according toBloomberg - 419 words
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Article403 2003-12-25 22 MRU/taxes AA Amencan Artnes (AM.) Af Ar France IAFR) Al Arlnda (AlCl AY Fmm Oy (Ftt). V AMala Artnes (AZA) BA Bnlßh Arways Puttc Ltd Co (BAWI BG Benan Bangladesh Artnes(BBC) Bl Royal Brunei Artnes Sfrßhe(RßA) BO Bouraa Arms (BOU) BR EVAArwaysCorpn(EVA) CAArChru (CCA). C 8403 words
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Advertisement53 2003-12-25 15 wwum Demand for tanker newbullds continues a pag* a I For advertising/subscriptions, call Bernard Ooq: *****645, Joe Wong: 6319 2062 6319 5772 l Donald Urquhart 6319 5197 Fax 6319 8281 MitaUng/liafnc: D Surendran: 6319 2109, Main Singapore Press Holdings One: 6319 6319, Fax: 6319 8197/6319 8188 e-wwfc btshipOcyberway.com jg Irtsrnet53 words
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Advertisement33 2003-12-25 16 WOgKIQKI® MSL ©[y)IS a siyjsiiNiass Season Greetings best wishes for the coming New Year, /yU l VvjH ymL W*ii"v j <. V H.v J From the Management Staff of NYK Line (Asia) Pte Ltd.33 words
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Advertisement463 2003-12-25 16 Lines servic* represented by r,, Singapore Shipping Assoctcrtion UIY UNI MALI n/issel vor eta eta eta A P. KIAHG SPORE jMU Kindia 305W 31/12 29/12 10/01 Princess Lily 0104 11/01 12/01 20/01 Maid Carrier 744 18/01 20/01 29/01 IMI I 7 ULY MARINE SERVICES PTt LTD I NOOTH MBOC MAD,463 words
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Advertisement1041 2003-12-25 17 TO USA (SAX SERVICE) [vessel VOY 1 SIN ETA LAX OAK DAI HOU CHI CO! MEM Ml MTC AftKIGIUM 120 C 24/12 0»/01 12/01 13/01 13/01 13/01 13/01 13/01 14/01 16/01 API SWEDE* QUI 31/12 15/01 H/01 20/01 M/ 01 20/01 20/01 20/01 23/01 23/01 API HOLLAND ~W 07/01 22/011,041 words
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Advertisement1435 2003-12-25 17 GENERAL AGENTS IN SNGAPORE 80 ROBINSON RD #12-00 SALES BKGS TH. *****857/43 FAX: 6238 5327/24 COSTAR SHIPPING PTE LTD SINGAPORE *****8 OUTWARD tB/L) 6420 5802 6238 5325/75 CR NO V*****001MM TEL *****900 (MAIN) INWARD (D/O) 6420 5786 6236 5319/49 T/SHIPDEP *****825 *****376/46 JOHOR'S OFFICE- CONVENTIONAL 6420 5850 6226 2208 COSTAR1,435 words
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Advertisement1031 2003-12-25 18 1 W. »mouii«wooki»W; wrt*** WMh e-miLi a»i»w»«min>— -oom.«a jy»l UtLIVIAO ■IWMHWI W3WWT HMb WMOIT7 «m»SS»<««U» »<■»»—**«■«■»*■#. ytua VOY SIH6AKM WgJMW ltluwtt MU* COMUT Hy3 I* Ml Hflj jj/« jgfrjggl 3KWT o*/0l W I M?. WW 31IW lffi TPoT igST- I m IVW W? 31* If/BI Ml WW I 16/0? TU1,031 words
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Advertisement474 2003-12-25 18 BSA a. MYANMA n FIVE STAR UNE (My—r Mati#Ml Um) LaaiKaf far Ym|m VTSSEL VOY SIN PU KM PGU HPA-AN 31SW SU) PAGAN 323W SU) IN MALAYSIA: IOUSHAD SHIPfINO AGCNCIES KUL 03-*****)00 ML 03-*****101 KM: 04-2****** ACCEPTIWB COMVEMTIOMAL CBO VKSa VOT KG SM Kll Nl lIK SUNNY HEAfT 41 SU)474 words
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Advertisement1230 2003-12-25 19 Ivtssil VOY KHH HKO I«N I PKL I PXI |Ml PMM UK CAM nuo PC LAO 16 SKIP Vll2 02/01 05/01 11/01 12/01 17/01 19/01 HA NAVIGATOR PCLROIR SKIP SKIP 04/01 OS/01 13/01 14/01 19/01 21/01 MAN lOKISTAN PCLSO2O SKIP SKIP 13/01 12/01 23/01 24/01 29/01 31/01 CAM FRIO PCLM2I1,230 words
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Advertisement619 2003-12-25 19 i RSI UK CONTINENT SERVICE Loading tar AS) RAT FTTM/ATW/BMN/UK/NAN Lo«d» Slnggxare. EVW. Mgiym, Indoneen MIDDLE-EAST SERVICE Loading tor PLAMER DBl/ABU/tX>VBRN/DMM/KWT GRAIN TRADER JDH/AQA PAN BRIGHT DBl/ABU/DOH/BRN/DMM/KWT VTC STAR DBl/ABU/DOH/BRN/DMM/KWT ■Loads Singapore. E/W. MMay*. Indpn— USA SERVICE Loacftngtor AVENTICUM CAM/NFK/SAV/NOL NENA F CAM/NFK/SAV/NOL MALIKKA NAREE VCW/LAX/MZL 'Loads EVW Malaysia. Indonesia619 words
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Advertisement636 2003-12-25 19 Jtßsa m m tai— bh m t l&Mm ***** LZZII ***** tm UZli 20/12 HCIANDA USJJJ 11/12 19/12 ililliTi 7 UZi 21/12 23/12 SSE iiWN 20m 2U12 PAC Ullii CUU 25/12 2lin M 110SN S>l2 22/12 HWtn UH 21/12 &12 ami urn 23/12 73/12 ■■i^HfrnvnnTiViTm^Hi^H nc lANDA HO7N 24/12 26/12636 words
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Page 21 Miscellaneous
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Miscellaneous124 2003-12-25 21 WEATHER^^^^^^S\ FOR 7AM 25 Dec 2003 A T If I J Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols "v 7 Showers Fu circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche124 words
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