The Business Times, 7 January 2004

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Total Pages: 26
1 26 The Business Times
  • 16 1 THE BUSINESS TIMES I nttp://business-times.asial com.sg SINGA PORE WEDNESDAY. JANUARY 7. 2004 MTTA (P) 024/03/2003 ASft
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  • 776 1  -  Expected US$1.2b share-cum-bond deal S'pore's biggest in recent years By Wong Wei Kong [SINGAPORE] Even as it makes headlines with its overseas acquisitions, Temasek Holdings said yesterday it will sell shares in its biggest listed domestic holding, Singapore Telecommunications. Market sources said a deal
    Source: Bloomberg  -  776 words
  • 59 1 □sn 1*828.72 (+0.06) ST MDEX FUTURES 1*808.00 (-14.00) ssmsci fumes 220.20 (-3.10) Tta*day Chang* 1 KLSEdWP J*73 4J7 MKKFI CSV IWUJ9 II|H HAMS SEW IXOU2 SET INDEX ;«9« t\fk •MKABACONP rMV «AMUnMP_IM*7« TAIPEI WW fclWItl -l*W SHXLWJU* s»« «r SHttZHEM H sa&fl -iM AIWAUORI>_X»«0 MNMAY IND Al I lam
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  • 75 1 FONEX RATES Uft* M ISS|SSprrlKS> Ifttt t(l S5wS$pffS|_ I «UJ X&i O Ii7l 1161 W_\ K* S (160 KM XKHI ix« HKS 7 TO Ji*7 HAUT »:3» SIM RU'IAII HOB 4JK KKN MIVBI H2W 4 **i INDIAN HI Pl>:_ X<> Si ***** o;w v/s I4W HUME RATES SmQAfORC iff
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  • 822 1  -  Board also proposes lock-in period with early withdrawal penalty By Genevieve Cua [SINGAPORE] The Central Provident Fund Board yesterday unveiled its muchawaited proposal for privately managed pension plans (PPPs), which it hopes will give members a better chance of higher long-term
    Source: Central Provident Fund Board  -  822 words
  • 678 1  -  It will sell its 30 petrol stations here By Joyce Koh [SINGAPORE] BP, Europe's largest oil company, is throwing in the towel on the never-ending petrol price war in Singapore the company yesterday announced its decision to divest its entire Singapore
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  • NEXT page
    • 584 2  -  Only one in 10 reaped gains from investments, down from 22% in 2002 By Chuang Peck Ming [SINGAPORE] The stock market may have performed better last year, but not Central Provident Fund investors. Only one in 10 who put CPF money
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    • 285 2  -  Peter Soh found dead outside his Jakarta apartment block; collea gues shocked By Vince Chong [SINGAPORE] THE head of DBS Vickers Indonesia was found dead outside his high-rise apartment block in Jakarta on Monday night. Police are investigating whether the death of
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    • 385 2 Sime Darby also said to be eyeing chain of stations [KUALA LUMPUR] Malaysia's national oil corporation Petronas is set to emerge as the country's largest operator of petrol stations should it succeed in buying BP'S entire chain of outlets in
      385 words
  • Page 2 Advertisements
    • 332 2 Canny Guide to Structured Products Complex financial instruments made simple Dates What 29-30 January 2004 Besides providing investors with innovative "market plays" and 9.00 am to 5.00pm raisers with creative cost-efficient driven modes of sourcing funds, an endless menu of fancified structured Vanoe products are continuously being crafted to address
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    • 248 2 BBffltitSSlSSS— IN THE MATTER OF THE COMPANIES ACT, CAP SO AND NOXASIA CONCEPT PTE. LTD. (IN CREDITORS VOLUNTARY WINDING UP) Al#w Mporoto mating of mambon ond citddon duly comtnad ond h»ld on 30 Dtcmbr 3003. following r»iotufcom wmn duty pouad SPECIAL RESOLUTION Of MEMSERS TV* hot boon pro«ad to tha
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    • 62 2 Correction 4 IN the "In Brief' column* published on Jan 3, we said| the China National Tourism* Administration has in-1 creased the number of ChiJ na-based authorised trave£ agents for visa to Singapore from three tcf 43. This is incorrect. It wajl the Singapore Tourisrag Board and the Immigration Checkpoints
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  • SINGAPORE companies
    • 154 4 Reuters SOUTH-EAST Asia's largest defence group, ST Engineering Ltd (STE), is expected to report a lower quarterly profit due to losses at recently bought US firms, but analysts expect earnings to grow in 2004 after two stagnant years. Key to the upbeat outlook
      Reuters  -  154 words
    • 378 4  -  Rally expected to continue despite news of Temasek's plans to sell SingTel stake By Kenneth Lim THE local bourse got an expected boost in the first three trading days of 2004, with the Straits Times Index spurred by trading activity not seen since October
      378 words
    • 684 4  -  HOCK lock siew loh hui yin ONCE media-shy, Temasek Holdings has been in the limelight quite a bit lately. The Singapore investment agency's name inevitably crops up every time a regional bank is up for sale. That shouldn't be surprising, since some of the
      684 words
  • Page 4 Advertisements
    • 187 4 to welcome the Auspicious New Year 1 We art closed on 22 Jan and will re-op«n on 23 Jan. IS TEOCHEW RESTAURANT mttjm 28, NORTH CANAL ROAD (OPPOSITE HONG LIM PARK) POH HENQ BUILDING, SINGAPORE *****4. FAX: 6536 4558. *Mo MWHI charg*. All prtoM arc aubfvet to mm m* 0»T.
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    • 39 4 For VIP Packages call LAMC Productions at 6324-0764 or email us at lamcpr7@singnet.com.sg Get your tickets at all SISTIC outlets Hotline: (65) 6348-5555 Website: www.sisticcom.sg Register yourself today at www.lamcproductions.com for a chance to win exclusive concert prizes j
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  • Page 5 Advertisements
    • 99 5 M -iJM Today, using HP's Tablet PC, architects at the renowned Skidmore, Owings Merrill LLP can design, sketch, render and revise anywhere in the world. And, with HP's wireless c L-IrImATD r\\A/l technology, they can share their inspirations instantly with SKlUfllOre/ OVr I colleagues from New York to Shanghai. On
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  • SINGAPORE markets
    • Article, Illustration
      582 6  -  Compiled by KENNETH LIM Tott Automation TOTAL Automation's major shareholder, Velosi (M) Sdn Bhd, proposes to transfer its 54.5 per cent stake to Trenergy Equity Sdn Bhd. Both Velosi and Trenergy Equity are 70 per cent held by KLSE-listed Trenergy (M) Bhd. We understand that this move is
      Source: Bloomberg  -  582 words
    • 392 6  -  CHART POINT By Lim Say Boon K Ajith OCBC Investment Research NEVER been to Pamplona, Spain, for the annual running of the bulls? Never mind the stock markets have been looking much the same almost as soon as the strains of auld lang
      Source: Bloomberg  -  392 words
    • 842 6  -  A longer view CURRENCIES larry wee IF YOU think the US dollar has fallen too fast and too far, think again, currency traders warn. It could easily fall a further 10 per cent in 2004. In other words, don't be too surprised
      842 words
    • 539 6  - The STI and 1,850 some lessons from history BT comment STOCKS r. sivanithy HISTORY has a funny way of repeating itself. It also provides useful pointers when trying to divine where stocks are headed. As far as the current market is concerned, this refers to the next psychological barrier of
      539 words
    • Article, Illustration
      424 6 OTHER SINGAPORE INDICES Jan 6 VALUE CLOSE WOMtt 777.00 -95.00 1TCHPI -*****.00 -127.00 HHqrMA -*****.00 +78.00 M-SCririUn 490.40 -0.94 Ikct 181.44 -t-2.47 SSCmMIIFIB 1522.00 +3.80 IQCjNMiiPWp 457.24 +0.80 WOflHipiw 222.99 +0.03 swar«hiii 220.20 -3.10 Stock* Vohww Htf»5c 139.030,000 Eagle Brand HK75c 63,893,000 HesheHMgs25c 61.473,000 Reed Grp 5c 59,248,000 FU Yu
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    • TRADES TO WATCH
      • 139 6 SUBSTANTIAL shareholder On Ngio's entire 11.26 per cent deemed stake in restaurant operator Thai Village Holdings was sold over Jan 2 and 5. Filings posted yesterday show the shareholder sold 1.1 million shares or a 0.76 per cent stake in the open market on
        139 words
      • 108 6 ONE of Beauty China Holdings' independent directors, Low Wai Cheong, on Jan 5 sold all his shares in the Hong Kong-based cosmetics company in the open market. Mr Low sold 120,000 shares at 59.5 cents each, and 180,000 shares at 60.5 cents each.
        108 words
      • 66 6 ONE of Wee Poh Holdings' substantial shareholders, Michael Lim Chun Leng, on Jan 2 and 5 sold 56 million shares and eight million shares respectively in the construction company. The share sales reduced Mr Lim's direct shareholding to 5.6 per cent from 9.4 per cent
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      • 63 6  -  Compiled by SERENA NG HEALTH tonics and supplements company Cerebos Pacific said its chief executive officer, Eiji Koike, on Jan 5 sold 3,000 shares at $3.38 apiece. The open market sale reduced Mr Koike's direct shareholding in the company to 427,000 shares, or a 0.14 per
        63 words

  • SINGAPORE companies
    • 471 7  -  Plastics maker closes 10% higher at 94.5¢, Nomura sees fair value at $1.15 By Serena Ng RECENTLY-LISTED plastics maker Hi-P International's shares yesterday leapt for a seventh straight trading session. And its hefty gains spilled over to the shares
      471 words
    • 357 7  -  By Joyce Koh THE entry of a white knight has given Heshe Holdings' shares a new lease of life. Just a week after Eddie Chng said he plans to take a 40 per cent stake for $9.6 million in the garment company,
      357 words
    • COMPANYBriefs
      • 67 7 OCBC Bank, the lead manager for Excelpoint Technology's initial public offer, yesterday said the public tranche of 14.7 million shares was about 82.4 times subscribed. Based on the total issue size of around 147 million shares, which were priced at 26 cents each, the offer
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      • 76 7 SESDAQ-LISTED Enersave Holdings has ceased to be an associate of Acma Ltd after the latter sold 15 million shares in Enersave at 15 cents each on Jan 5 and Jan 6. The sale was effected following the exercise of call options which Acma earlier granted to
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      • 60 7 MAINBO ARD-LISTED mechanical engineering services firm Hiap Seng Engineering yesterday announced that it had been awarded two contracts worth approximately $10 million by Voltas Ltd, a Tata enterprise. The contracts, for the supply, fabrication and installation of process piping for the water reclamation plant
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      • 36 7 SESDAQ-LISTED See Hup Seng yesterday announced the appointment ofKhor Un-Hun as chief financial officer of the company. Mr Khor was formerly general manager of corporate planning at Pan United Corporation.
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      • 63 7 FOOD Junction Holdings has pumped In $400,000 into its wholly owned subsidiary, Food Junction International "The investment is in line with the company's direction to expand overseas business," the company said. The investment, flinded by internal resources, is not expected to have any material impact
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      • 50 7 MAINBO ARD-LISTED Design Studio Furniture Manufacturer yesterday said that it has been awarded contracts worth $32 million since listing In January last year. "With the newly attained sales, the order book as at Nov 30 last year stands at $56 million," the company said.
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    • 376 8  -  Interim judicial manager appointed, keeping alive hope it can be kept going By Kenneth Lim THE High Court threw out Econ Corp's voluntary liquidation attempt yesterday and appointed an interim judicial manager instead, keeping alive the possibility that the wholly-owned construction subsidiary of mainboard-listed
      376 words
    • 372 8  -  It will supply China's Fudan Micro with chips for smartcards, power meters By Tang Weng Fai A WEEK after announcing a deal with top Chinese telecoms equipment maker ZTE Corp, Chartered Semiconductor Manufacturing yesterday unveiled a similar arrangement with Shanghai Fudan Microelectronics Company. Under the
      372 words
  • Page 7 Advertisements
    • 192 7 k^^^T^-.v 'j|^ka "ZZ2 Master of Property investment The program focuses on the following: Sector in the International Persepectrve Property Transaction Strategies Asia Pacific Property Investment ar»d Portfolio Management Corporate Property Asset Management region Project Procurement Strategies SAII assignments and examinations are fully assessed by the University's academic staff. www.tmc.edu.sg Degree
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  • Article, Illustration
    1008 8 Transaction date: Jan 6 JfTBEiAMICEOSSIATBS AS CI —fc I— IKS Ml Yw 1 m NtH Hm N ifr W W Hm* IBS Mraa* 0.985 6.387 0.(05 1975 35.121 64.177 0.818 9.135 2.925 1147 44.193 42.423 1308 4.828 0.947 28.033 30.170 0.425 0.770 C8Mi8 LW 8.467 0.615 8.068 ***** 65.175
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  • 1421 8 SXOOM FUTURES Jan 6 Wttri—(OwNntew) RSSKscMtiAtJ Cton VMna Opn iwi Uv SKt (ta—aa) totorart Fab 04 ***** Mar 04 215.00 Apr 04 216.00 Hay 04 217.75 Jn 04 2*50 Jut/Sap 04 220.50 Hj RSS3(UScaatiAi> Vatoaa Opn Ma*Mi M* Lot Satt (tanas) totarast Fab 04 122.75 122.00 122.00 500 2700
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  • EXECUTIVEmoney
    • 1053 9  -  Property with its illiquid nature has stumped many a wealth adviser but Citigroup's new proprietary tool looks set to facilitate real estate's inclusion in an asset allocation portfolio. Genevieve Cua reports Genevieve Cua HOW much of an exposure to property should you take on, and how
      AFP  -  1,053 words
    • 388 9 EQUITY markets are on the upswing, but has the recent bear market left any lasting impact on asset allocation advisory? Michael Even, Citigroup Private Bank's managing director and chief investment officer, believes it has. Apart from the fact that expectations of returns overall are
      388 words
  • Page 9 Advertisements
    • 60 9 ■W IF" P"*"" IfIPV Actual specifications Mid may diffsr from modti shown liars. Every Jaguar comes with JAGUAR TOTAL CARE to give you peace of mind We will service your Jaguar for 3 years or 100.000 Km Mwchever comes first) at absolutely no cost, excluding tyres and battery Subject to
      60 words

  • SINGAPORE news
    • 381 10  -  EYE ON THE ECONOMY Hiring for finance, management posts fuelled by gains in stock market By Chen Huifen EXECUTIVE recruitment appears to be gaining momentum, going by last month's hiring indications. According to EL Consult Singapore, the executive demand national index stood at 144
      Source: C Singapore  -  381 words
    • 533 10  -  From Shoeb Kagda in Pekanbaru SINGAPORE and Indonesia's Riau province yesterday launched a joint vegeta-ble-processing centre that could see the province grow into a major source of fruit and vegetables for the island nation. The centre is the second phase of the Riau Vegetable Project
      FILE PHOTO  -  533 words
    • 320 10  -  IN PARLIAMENT Of 400 appeals for concessionary loan rates, 51 approved By Andrea Tan THE Housing and Development Board does not plan to relax its concessionary mortgage loan policy even though there have been hundreds of appeals for such loans in the
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    • 360 10  -  By Tang Weng Fai GERMAN engineering conglomerate Siemens offlcially opened its consolidated headquarters here yesterday and announced plans to spend more than $50 million and boost its local headcount almost 10 per cent from the present 2,000 employees. Siemens president and
      360 words
  • Page 10 Advertisements
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    • 52 10 [~l MERITUS MANDARIN SINGAPORE n BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed bam, US Prtae Rib of Beef and many more mouth-watering dishes rT to leave you spoih for choice. Reservations: *****271/72 I 1 881 333 Orchard Road Singapore *****7. Tel: +65 6737 4411. Fax: +*5
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  • REGIONAL news
    • 599 11 KUALA LUMPUR Roger Tan gives no reason for terminating contract early THE last of the Hong Leong conglomerate's old guard, Roger Tan reputedly the most trusted aide to its executive chairman, Quek Leng Chan resigned unexpectedly as president and chief executive officer of Hong Leong Credit
      NST  -  599 words
    • 426 11  -  From Eddie Toh in Kuala Lumpur SENAI Airport in Johor has roped in Boston-based software and food service firm Crunch Time to help set up a duty-free zone and worldclass shopping facilities. This is the fast-growing airport's bid to catch up
      426 words
    • 385 11 KUALA LUMPUR AP DEFENCE Minister Najib Razak will be named today as Malaysia's new deputy leader, government officials told The Associated Press, filling a key post in the fledgling administration of Prime Minister Abdullah Ahmad Badawi after months of speculation. Mr Nsuib's appointment as
      AP  -  385 words
    • NOTEBook
      • 123 11 AP [ISLAMABAD] India and Pakistan took a giant leap to put more than a half-century of bloodshed behind them, agreeing yesterday to start talks next month on core disputes of nationalism and religion that have taken the nuclear-armed nations into three wars. The talks
        AP  -  123 words
      • 70 11 Bloomberg [ISLAMABAD] Leaders of India, Pakistan and five other South Asian nations signed a draft agreement to slash trade barriers starting January 2006, to boost economic growth in a region that is home to half the world's poor. South Asian Association 6m- Regional Cooperation
        Bloomberg  -  70 words
      • 75 11 Reuters [HONG KONG/ATLANTA] Convenience store king 7-Eleven Inc said it won approval from China to develop outlets in Beijing and surrounding provinces in a move that boosts its access to China's increasingly wealthy consumers. 7-Eleven, which owns or franchises 25,200 stores worldwide, said
        Reuters  -  75 words
  • Page 11 Advertisements
    • 431 11 This is an Invitation to Exquisite Indulgence. This is the Card. We invite you to join six luminaries of the culinary world together with vintners of equally high standing, for five full days of epicurean bliss. This is an opportunity to sample the talent of 3-Michelin Star chefs S6bastien Bras
      431 words

  • EDITORIAL & opinion
    • 702 12  -  THE bottom line OPINION frank ching LAST year, after China was caught suppressing information about the deadly severe acute respiratory syndrome (Sars) disease, it dismissed the minister for health and the mayor of Beijing and dramatically opened its healthcare system up to international scrutiny.
      702 words
    • 632 12 EDITORIAL ITS highly unfortunate that the Law Society should remain mired in an internal dispute over plans mooted some nine months ago to tighten accounting rules for law firms. The lawyers have now earned themselves a New Year lashing from none other than the Chief Justice who, in
      632 words
    • 961 12  -  A plethora of sub-regional cooperation pacts cannot hide the glaring absence of a broad overall strategy for a regional economic union like the EU From Anthony Rowley in Tokyo TWENTY years ago, the Far Eastern Economic Review published a cover story
      AFP  -  961 words
    • 489 12  -  COMMENTARY The US may be headed down the same economic road By Paul Kingman NYT ARGENTINA retained the confidence of international investors almost to the end of the *****. Analysts shrugged off its large budget and trade deficits; business-friendly, freemarket policies would, they insisted, allow the
      NYT  -  489 words
  • Page 12 Advertisements
    • 107 12 MOTHER WORDS 'Men wear their watch every day, and it's always there, full of the status of the brand. When you go into a restaurant and the maitre d' sees it, maybe he'll give you a better table.' immni a US watch dealer, on why American men are going for
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  • Page 12 Miscellaneous
    • 274 12 CRYPTIC CROSSWORD 7 Exultant mate joins a arete 8 Hangs on until the carollers ■V j|H 10 Progressively in favour of electoral divisions (8) 1 Their vocal renditions are so rich in variety (6) H 12 Vessels for the Navy in America (4) ■HHHH■■H| scoptc lens (4,4) 15 Talk with
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  • REGION world
    • 596 13 SHANGHAI/BEIJING Fund injection into Bank of China and China Construction Bank paves way for eventual listings Reuters CHINA has injected US$45 billion into two big state banks in a long-awaited bailout of the debt-ridden industry, a major step towards strengthening the
      Reuters  -  596 words
    • 150 13 Bloomberg [HONG KONG] Traders increased bets China will let the yuan strengthen after the country approved a US$45 billion bailout of two banks, leading to speculation it is promoting banking sector reforms needed for a more flexible currency policy. China, which has come under international
      Bloomberg  -  150 words
    • WORLDWatch
      • 86 13 Reuters [NEW YORK] Richard Grasso, the former chairman of the New York Stock Exchange, inappropriately received about US$l5O million in compensation between 1996 and 2003, according to a report on an internal investigation, the Wall Street Journal said yesterday. The report on the NYSE's internal
        Reuters  -  86 words
      • 85 13 Bloomberg {NEW YORK] Google Inc hired Morgan Stanley and Goldman Sachs Group to arrange its initial public offering, a sale that may raise as much as US$4 billion, a banker said. The sale of the world's most used Internet search engine would be the
        Bloomberg  -  85 words
      • 51 13 Reuters [SEOUL] Foreign direct investment in South Korea plunged by almost a third in 2003, the commerce ministry said yesterday. Foreign direct investment, in terms of investment plans received, dropped 29 per cent in 2003 to U556.47 billion from US$9.lO billion in 2002, the ministry said.
        Reuters  -  51 words
      • 64 13 Reuters [BERLIN] German economic growth will accelerate to 1.4 per cent this year as Europe's biggest economy benefits from demand for its goods from the US and Asia, the DIW research institute predicted yesterday. However, the euro's appreciation is threatening a recovery in the 12-nation
        Reuters  -  64 words
      • 77 13 Reuters [LONDON] Hedge funds are charging investors an average 80 per cent higher annual fees than offshore equity fUnds despite failing to beat the stock market last year, research showed on Monday. Investors in some 420 hedge funds surveyed by London-based financial research firm
        Reuters  -  77 words
      • 73 13 Reuters [FRANKFURT] Commerzbank is cancelling employee pension schemes for its 26,000 staff in Germany from 2005 to trim costs. It is the first German bank to take such a step, and banking sources said it would generate savings of 20 to 30 million euros (Ss43-65 million)
        Reuters  -  73 words
    • 466 13 LATEST US DATA But factory orders slip 1.3% in Nov, its biggest setback in 7 months Reuters AP [NEW YORK] The huge US services sector grew for the ninth month in a row in December, but at a much slower pace than analysts were
      Reuters; AP  -  466 words
    • 285 13 BEIJING Four-month probe finds some banks made illegal loans Reuters SOME Chinese banks and firms have violated foreign exchange rules amid speculation of a revaluation of China's currency, the country's foreign exchange watchdog said on Monday. The findings were released after a four-month inspection of foreign
      Reuters; REUTERS  -  285 words
    • 464 13 NEW YORK Move could signal broadening of Korean scandal Reuters AFP INTERNATIONAL Business Machines Corp's bribery case involving its South Korean unit has triggered inquiries by the US Justice Department and the Securities and Exchange Commission, the Wall Street Journal said yesterday. The paper,
      Reuters; AFP  -  464 words
  • Page 13 Advertisements
    • 241 13 I] r SINGAPORE MANAGEMENT UNIVERSITY Master of Science in Applied Finance ■Vf .a A. The Singapore Management University (SMU) is pleased to offer the Master of Science (MSc) in Applied Finance programme by course work. This landmark programme aims to raise the standard of practitioners' knowledge and skills in Applied
      241 words

  • 4527 14 Transaction date: Jan 6 HONGKONG Vel HK Exchanges*Oaring 1860 0.40 ***** HKS 000 HKRIntf. -2-10 unch ***** HK and China Gas .1155 «20 ***** Aeon Credit 5.15 unch 12 Hong Kong Electric .10.70 -0.10 4962 Aeon Stores 5.45 -0.10 26 Hongkong Chinese 1.12 0.02 ***** Alpha General 0.J0
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  • 2245 14 Transaction date: Jan 6 KUALA LUMPUR fS £2 "IS Va GanadCorp 162 -0.08 14 ■M w roooi General Corp 0.55 -001 64 General Soil 126 unch 0 ASM Realty 140 -007 91 9 ef1tin 9-"7 "25? '?2? Abnc ASS -001 296 George Kef*_--. 1.14 -0.01 181 ACPIndustnes 316 i*Kh
    2,245 words
  • 817 14 Transaction date: Jan 6 i o— an s»a —m w ow o—p» MgrwiSOc 041 1.170 -0 010 NMSta* 50c 0 37 2 190 Caprtaland 1.17 1410 0010 OC9C US 12-200 4100 Chart SarraCond 26c 146 1.770 0030 OUC 046 7.050 -0 050 QtyDavSOc 2 JO 6 450 <0.090 Partway
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  • 468 14 BONDS WARRANTS fit M W (to kB *S a* n— wfc >■ m> M* AS71«WMO0> AS 41) 1 «C IS 5 SP AmUdttMIM* OS 1 W «B *00 >c MB AnatWQSKIO tX 1 7 1 SI T27 |7 ma -ei i<s i to i l* taMMVUDOO «5 15 I 75
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  • Page 14 Advertisements

  • WORLD news
    • 446 15 LONDON Increase from 56.8 to 58.1 shows strong demand for manufactured goods Reuters DEMAND for manufactured goods grew strongly around the world in December, signalling a powerful recovery in the sector, according to a global indicator based on national surveys of manufacturing companies. _>
      Reuters  -  446 words
    • 236 15 NEW YORK Reuters US consumer electronics sales are set to pick up this year following a lacklustre 2003. Gadgets ranging from camera phones to crystal-clear TVs failed to offset declines in audio and car electronics sales last year. The Consumer Electronics Association
      Reuters  -  236 words
    • 256 15 LONDON It wants to end practice of issuing copy-protected CDs Reuters A EUROPEAN consumer watchdog body is suing the world's largest music companies for selling copyprotected compact discs that won't play on car stereos and computers, the Bel-gium-based organisation said on Monday. The group, known
      Reuters  -  256 words
  • 6480 15 Transaction date: Jan 6 52-Mk M Lot Vol 0e» Lact Ovate MM* M» CltM MM MCaa m* Law Cede Ciagiay S* W- C«M> I—I U» «m» Safcr Cw Wt to* 695 395 S834 ASomc 52 -2 1937 54.5 51.5 51.5 52 18 1*7 I 5300 AMAmroNLGSCc 9 12
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    328 words

  • BT motoring
    • 912 16  -  The Japanese make saw sales jump 32% last year thanks to 3 key models, but distributor C&C reckons 2004 will be tough, Samuel Ee writes Samuel Ee MITSUBISHI powered ahead last year, selling 32 per cent more cars than in 2002 because of three key models
      912 words
    • 503 16  -  By Samuel Ee MERCEDES-BENZ remained the top luxury brand in 2003, thanks to the sterling performance of its mid-sized executive sedan, the E-Class. Authorised distributor Cycle and Carriage sold a total of 3,254 Mercs, of which 1,773 units, or 54 per cent, were the
      ST FILE PHOTO  -  503 words
  • 2680 16 UNIT TRUSTS FUNDS Com Global Inlotec mde» Fd!"" 0367/ Com Global Energy lnd« Fd 1 038/ Com Global TimMb H 0834/ STEUETEOSP 076V C»"5'P<«Bondh«l/» 108/ StvEmpeBond U7V CwO Aplnla AeeetMHfpwIX Star Eimce ndocamfea Vision'" „ZT_! 1130 188 Star Asun Tiger Eqiy 0*11/ DHIMM Star Aw loud 1.307/ Staaon Twm<5 1.305/136
    2,680 words
  • Page 16 Advertisements
    • 57 16 a The inbox in pocket M2U Mobile Mail Server The only system enables you to send full-length email to any mobile phone from Outlook or other emaH software. No matter where they are, your colleagues or customers can Instantly read the email for free, and reply to you from phone.
      57 words

  • SHIPPING TIMES
    • 239 17 Reuters Baltic Dry Index »ttfl 4 points to 4757. the Otitic Capesize Index j%se 6 points to 6825, the JBfcltic Panamax Index *4&115 points to 4442 and )4se Baltic Handymax 4 tydex fell 38 points to S4&A Altius (built 2001) 14j1480 dwt delivery Rotterdam 5/10 January trip via
      Reuters  -  239 words
    • 232 17 *SGX '000 we wCMOMftcra 017 -002 3109 OunH« 0M -001 2996 Cosco MMSttnant 0J5 -0.01 ***** CWTDWribvbon OS* 001 20 EtfiHhtai 1.11 009 2MB FraMrttMs A14 001 ***** GO Kotdingi OT2 -OuOl 70 JwaHokSngi OJ* -0.02 3492 ICfVtnturt 022 -001 2060 KappalCorp .....OJS 005 1173 LaSrSi Manna 0.55
      232 words
    • 608 17  -  Industry surprised by John Anderson's remarks it may not meet IMO's July 1 deadline From Evelyn Duffy in Perth AUSTRALIA'S ports and shipping groups are dismayed at suggestions by Acting Prime Minister John Anderson that the country may fail to meet the
      FILE PHOTO  -  608 words
    • 346 17 More than 650 passengers had to disembark from Triton: reports Anderimar Shipping News [LONDON] Greek cruise company Royal Olympia Cruises' 14,000 gross tonne (gt) ship Triton was embroiled in a dispute between its parent, Royal Olympic Cruise Lines, and German banks over
      Anderimar Shipping News  -  346 words
    • 233 17 [LONDON] The 30 million gross tonne London P&I Club says the increasing amount of new tonnage being ordered by its members, and entered with the Club for P&I and FD&D risks, is confirmation of the current healthy state of the shipping industry, as well
      233 words
    • 390 17  -  By Beth Jinks [SINGAPORE] Malaysia's busiest port, Klang, could still face resistance over its decision to consolidate and hike marine charges, after the Port Klang Shipping Agencies (PKSA) demanded a review. PKSA president M Gopal Krishnan said the increase from RM1.901 (SsB49)
      390 words
    • 108 17 [TOKYO] Mitsui OSK Lines has secured a third long-term contract from China's largest iron and steel group, Baoshan Iron and Steel Co, for a capesize bulk carrier newbuilding. This is in addition to a two-vessel contract announced by the Japanese based shipping company in November. The new
      108 words
    • 660 18  -  STRAIT TALK By David Hughes FOR a year that saw a war in the Middle East, serious falling out among the major economically developed countries and a wide ranging outbreak of particularly nasty and contagious virus, 2003
      FILE PHOTO  -  660 words
    • 198 18 PAGE Austral Al 5 Avant 6 Bank Line 4 B'tang Mas S BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg S Confer 6 Crocodile Line ....4 CWT Globelink ...4 Del mas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee
      198 words
    • 12953 23 thebusinesstimes EXPORT 4 {T* HA Adwttsar «HMl Voyaga ETA ETA Advarttsar Vassal Voyaga Lm Dtst'n Nan* Nama Nun»ar NumOar SIN Dasfn Nana HOWO WpjUr N—bor W 21/01 22/02 Hamburg S CAP MATAPAN 40IW ********** "*ABIDJAN (ABJ) 2003 Cot* D evoir* 24/01 25/02 COSCO E growth 0532-092W *****4*00 H/01
      12,953 words
    • SHIPS IN PORT
      • 546 25 y«M«l Voy Wo hrjfc Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL CECM FLOWER 011 J7 A/SIDE 07/01 0500 CITRAABADI JB4101 J4 A/SIDE 07/01 1400 LABROY139 NMS01/04 J3 A/SIDE 07/01 0900 OCEANPRIDE 01/04 J10 A/SIDE 07/01 0300 ODIN PACIFIC 01/03 J10/11 A/SIDE 07/01 0600 RUB IN HALCYON 50A J12 A/SIDE 07/01
        546 words
      • 1621 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing On- Berth Name Voy Voy seq berthing Nmbr ACX MARIGOLD 008N 008N 1 1001/2004-1500 1101/*****300 AMMAPABB 09M 09W 1 0801/2004-2300 0901/200*1730 ALABDALI C268E C268E 1 1 (VP 1/2004-0600 1001/2004-2100 ALAMIAYA 2 8877N 8877N 1 1001/*****5 00 10*01/2004-11:00 AUCAWTU
        1,621 words
      • 509 25 CalM HO Mm ««U 0.9 HJ 04* 0.04 Jm I toMfli WM«r hilftT ii fli r i SAM to Mom US 2 0 0 9 0 0 rr; not- «is oj tu tM a QJ2 ba HO MM MOU OA 17.0 600 U 0.05 m*t» %rn
        509 words
      • 115 25 Jaa 12 Japan: Adulthood Day. Jaa 19 United States: Martin Luthei Birthday. Jaa 22 Brunei: Lunar New Year. China: Lunar New Year. Malaysia: Lunar New Year. South Korea: Lunar Holiday. Taiwan: Lunar New Year. Vietnam: Lunar New Year. Singapore: Lunar New Year. Jaa 23 China: Lunar Holiday. Malaysia:
        115 words
      • 771 25 THIS report, compiled by Cockett Marine 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        771 words
    • AIR & LAND transport
      • 599 26 FLIGHT SECURITY They're acting without big picture amid fears of terror attack Reuters [BERLIN] It has become an agonising daily judgment call: whether to cancel international flights on the basis of fragmentary intelligence warning of a Sept 11style attack. Flights from
        Reuters; REUTERS  -  599 words
      • 373 26 Operators should insist on safety audits: Iata official Reuters [GENEVA] Tour operators should demand proof of safety audits from charter airlines after an Egyptian plane crashed, killing 148 people, most of them French holidaymakers, the International Air Transport Association said yesterday. An
        Reuters; REUTERS  -  373 words
      • 199 26 AFP [PARIS] Teams of specially trained and armed French police will continue to travel on board flights deemed to be at risk, a top French police official said. "Monitoring will continue on flights flagged as sensitive by our partners," Michel Gaudin, the director
        AFP  -  199 words
      • 304 26 Reuters [LONDON] Thomas Cook Airlines, the charter flight arm of Europe's biggest travel firm, said yesterday it would cancel any flights on which it was required to carry an armed air marshal on board. The German-owned carrier flies to Orlando in the
        Reuters  -  304 words
      • 178 26 AFP AP [SYDNEY] Qantas Airways would put armed air marshals on US-bound flights if the Australian and American governments requested it. The airline's security chief Geoff Askew said yesterday that Qantas would always comply with any regulatory requirements of a foreign government. "And should
        AFP; AP  -  178 words
      • 341 26 25% growth in passengers seen boosting sector Anex/Antara [JAKARTA] Four new airlines will be ready to begin operation this year to take advantage of the favourable conditions in the domestic air transportation sector and a 25 per cent growth in passenger numbers.
        Anex/Antara  -  341 words
      • 184 26 Reuters [RIYADH] Saudi Arabia said yesterday it would for the first time allow foreign airlines to fly to the Muslim holy city of Medina during the annual haj pilgrimage in early February. The move comes despite increased security warnings that have prompted
        Reuters  -  184 words
      • 1795 26 em FU6HT ETA FUSHT no M» m mint *2S 2 Or»l *40 5022* 2255 H* 55 LHfm *55 m* mm w» Mac M55 hM S0403 OTM EDM 0M Mrti um ono an zuo gmm om twos 0220 (UCT BIS DUX MO EMJt 0300 AMMO CMOS MS
        1,795 words
  • Page 17 Advertisements
    • 10 17 Govts make flight decisions with only pieces of puzzle BACKPAGE
      10 words
    • 80 17 llflif wvv WALLENIUS WILHELMSEN Please be advised that all WWL vessels will be berthing at PT 7/8/9 from January Ist. 2004. Tampa AF 401 (Jan 2nd.) will be Ist. Vessel to call under the new WWL AB agreement. Please ensure that all cargoes are delivered up to the new location
      80 words

  • Page 18 Advertisements
    • 766 18 I TO USA/CANADA I I KXPOttT I I OTHBK DStTIMATIOHS I VBSa |vOT W6 |WW^UM6KIOI|aMUt|NO>BIOM|— TO AUWRAUAIAUtTWAUA AMAgXTnCMI ÜBMGBEEJMSS 02HB Ml Ml |Ml Ml Ml Ml Ml 31/TJI VBSQ VOY (USM| PIC |Rf| M SYO MB AM ftomuorDsoimuMnw awn mi mi I mi W W Mi 04*2 07*2 ru ibxioydakiajk
      766 words
    • 396 18 •Um&*rvic*ir*WMrt«dby iJ=ss Loaulicj ligf 1 AccmM Shipping Agar*, 9 a AM oqhon I Pj ULY UNi MAii /vtssa vor n m m A P.KUW6 sfoti am Izumo 002W 06/01 20/01 Kota Tegap TGAOS3 12/01 22/01 Maid Carrier 744 18/01 20/01 29/01 111 I 1 J ULY MARINf SERVICES PTf LTD
      396 words

  • Page 19 Advertisements
    • 1064 19 TO EUROPE FROM EUROPE vissa vor sh Gn m am nmi «v sou in llvbsd iwr imi w a iw sw mS htwoo/II BAi 30/»iio/»i SHSI im 19/11 n/ii u/ii 07/01 ■Ot WOMBS Oil WW/11 2S/01 27/01 30/01 11/01 MMMHOOWT 2$ |^S hmhimm navl2/01 so/oi oi/n 03/0220*1 ■ciwt WW v/n
      1,064 words
    • 1881 19 1 1 n MOMTBIY CONIAMRm WW! MORC BUM Of [asriMkmU» I SUVA/lautoka(fw) s^ws! 1 ggg/j whtc (Hum jOHorsofna c<*vwtk*ai mtosiso »nt:?oi I (osmtflmoKmsox m-07-ism* m.oMsm7o «VW WNttSMOMXM MLllll M U ffl (W ¥51/Wf YW MO OM Ml JQi UN SHt HC OH f»~| mom* era/ «o« ovoi tvoi tvoi ivoi
      1,881 words

  • Page 20 Advertisements
    • 796 20 I ISV nd MAC wa77»44 WH «W74» VELIvIMw DOcuMtfT»iiowmyxmoN«i wmw —iwtt mwmmntmum—i J J bbkbbb— n>w—mhii «jjT rasa |vor |mm j humph |imwoA |pown mom |mw |UMHVtu|Amuw|Tau toi |iwmi cotowom |<MMjpomu |oili~) "ww oi/Di a/pi a/oi 07/w os/w 3)/8i p/w ovw um m/n n/w Ti^T I— OMW W/DI »a/B) IS/H
      796 words
    • 1224 20 WAN HAJINTWNATIONALFIILTD CI NOt 1444******/1 *****541 (HUB) FAX:******43 VHyNAH HAI LINES ssg2&a£££S£3L. V>" «"*:W»ww«n»Bimm««:iW)»wswi«uiimH/nww -l-i JDKaniBMMiakmBMMiMiKmM/TMai tutnan 18-P» H3M*»M)««»»B,*Mm» "TpR" TJTOT ~~rTfl TW Sffl WW SK KIP Es? S? kS KSM K »!!»>.>. naiwlll I M ll* It* IMI »M M Kl Ml 1M M flfl lowa Mm I tmi
      1,224 words
    • 369 20 BSAa MYANMA n FIVE STAR UNE (Rvmnt M«H—d UM) Uadhf far Ym|m vbhi vot sa m pbi m HP/HUt JISW SIB pagan raw a» M MALAYSIA: MWSTIAD SMPPM6 A6OKKS KM: t3-*****900 PfL U-117MII1 KM; M-Ml24tt ACCEPTIW COBVEiTtMAI CM VBSa VOT HIS SM PM HI UC tUMESTAI 41 SU SLD SIB
      369 words

  • Page 21 Advertisements
    • 852 21 rciK gr KHH H*6 SIN Pld. PXI OAS DMM MK SIA NAVIGATO6 PCL6OI6 SWF 06/01 11/01 12/01 20/01 21/01 26/01 20/01 CAM HMO PCLIOI9 SKIP SK» 10/01 19/01 27/01 20/01 02/02 04/02 ■AN tfF" 1 PCL6O2O JKf SKIP 23/01 24/01 02/02 03/02 06/02 10/02 SiA NMIOMOI KJO2I SKV SUP 31/01
      852 words
    • 574 21 RSS!I UK CONTINENT SERVICE Loading tar AS) RAT RTM/ATW/BMN/UK/NAN Loads Sfciggxy. E/W. Meaya*. Indonaaia MIDDLE-EAST SERVICE Lowing tor GRAIN TRADER JOH/AQA PAN BRIGHT DOVABU/DOH/BRN/DMM/KWT VTC STAR DBI/ABU/DOH/BRN/DMM/KWT *Loada Singapore, Malayaia, Indonaaia USA SERVICE Loadngtor AVENTICUM CAM/NFK/SAV/NCX. NENAF CAM/NFK/SAV/NOL MALIKKA NAREE VCW/lAX/MZL loado E/W. Malayaia. Indonaaia F.E./S.E.A. SERVICES S pot* Loading
      574 words
    • 771 21 jH «i a fa— WW JB m E gas M —8^ —M- BB> m 'ffi IE aa. M-HBB-Jiuim *****1 53] is/01 ■■■HflfnvnrnTTTlHHH P4CMMM 112* IS/41 mr- m m ug M_ joopi SI I S3! Mi M I iil 1 M —w- M Isi iiai I aai jsa m m lam
      771 words

  • Page 22 Advertisements
    • 480 22 mm 13-11/01 mv%\ i4-w*i I ■MMHi|Tieasa 1 son 13-14/01 2172/01 77 71/01 ism 17-11/01 24-K/ii 31-01/021 1S» 70-71/01 21-20/01 03-04/02 I ■HMMMMDAUAN HO 13-14/01 21 73/01 31-01/07 I ■KHfllfiln&»SfßlMC 501 !tl V °l O^OT^lJ itium I ■SySMjJHiiGaAnow on qz-bb/bi 12-14/01 21-22/011 irony gtraLHOnt s« 12-13/01 17-10/01 74-77/J1 I ■■MißlTiea Km
      480 words
    • 796 22 rr .—1 A FREIGHT LINKS EXPRESS PTBOTDpi 51 Penjuru Road, 3 Level, j j i I Freight Links Express Logisticentre, Singapore *****3 1 Tel: *****511 Fax: *****577 rH E-mail: flesin@singnet.com.sg LCL SKRVICE TO JARAN/INDONESIA/PHIUPPINES/CANADA I OSAKA KOM JAKARTA VANCOUVER YOKOHAMA NAOOYA CKBU TORONTO I TOKYO SURABAYA MANILA MONTREAL Booking 6267#
      796 words
    • 1063 22 fdz EffiLyflEs I Mmm Jm Iraij km I*—i Iwi Ira— I \mm Iwr |w| It— m ra■ amm ■wattsi m\ m/n w/»i amm mi w/ii ii/ii vhmumk mi m/ii n/»i «wa *>i is/»» «/»i I 6*—ss «b i»/ii u/n teat <wi ii/ii u/ii ugg mi u/ti n/»i SMjmmm mi i;/n
      1,063 words
    • 154 22 mmmmm MEAKBULK A CONVENTIONAL SERVICE DMSCT SERVKI FROM STORi TO KARACHI ivtssa wim mmurou nAumw" i 813HW H/%VN SEA-PAC MANAOIMPIT m. tJpT 70 Araon Road 17-07/00 Apu W, Singapore *****3 TiliptiiHii *270 0*77 VI FbulhJk 6275 2909 T«Imo M427SOHAM( PRBCT m lIAOOO, KORiA I rasa wtm im—MoT"! TW 2401 IHSJWH
      154 words



  • Page 25 Miscellaneous
    • 119 25 FOR 7AM 7 Jan 2004 MK^l ite~ .1 *^r n i irrl Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rain One half flee he represents 5 knots Cloudy Day -One full flee he represents 10
      119 words