The Business Times, 12 December 2002
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2002-12-12
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The Business Times
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Title Section14 2002-12-12 1 THE BUSINESS TIMES MITA(P) 010/03/2002 850 SINGAPORE Internet: http://business-times.asial .com.sg THURSDAY, DECEMBER 12, 200214 words
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Article73 2002-12-12 1 SB UMJB (+7.28) ST INDEX FUTUIES (+9.00) smso PUTUIES 147.70 (+0.50) STOCK MAMET INDICES Wednesday Change KLSECOMP 635.17 +1.79 NIKKEI 226 4727.66 -76.86 HANG SENG 9,7807 7342 SET INDEX 366.46 +0.11 JAKARTA COMP .391.74 -5.34 MANILA OOMP .1,018.68 +0i7 TAIPEI WPI 4,699.41 -56.60 SEOUL COMP 698.61 -183 SHENZHEN73 words
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Article66 2002-12-12 1 FOREX BATES ITSS SI l'S$ (S$ per US$) 1.764 £(IS$/S$ per 1572 2.773 El T RO(US$/S$/E). 1.009 1.778 YEN 1233 69.90 RM 3.700 1098 HK$ 7.799 4.422 BAHT 4337 24.59 Rl'PIAH &900 5,046 FUME SATES SINGAPORE* 6i6 KUALA LUMPUR 6.40 HONG KONG 5 mm JAKARTA 39.00 TAIPEI 1600 TOKYO66 words
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587 2002-12-12 1 Beth Jinks - Formal negotiations expected to begin within months By. Beth Jinks [SINGAPORE] Singapore and Australia reached an informal "general agreement" on an open skies arrangement yesterday, and formal discussions are expected to begin within months, according to the Civil Aviation Authority of Singapore (CAAS).587 words
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1016 2002-12-12 1 Serena Ng - IPO option looking more attractive as several recent deals hit the wall By\ Serena Ng [SINGAPORE] Reverse takeovers are harder than they look. Many companies that previously thought that getting a berth on the Singapore Exchange through a backdoor listing was easier than launching1,016 words
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354 2002-12-12 1 Harish Mehta - At stake is a 10-year extension of financial incentives From. Harish Mehta in Bangkok MORE than 1,400 foreign and domestic manufacturers in Thailand are anxiously awaiting a landmark ruling by the World Trade Organization (WTO), due out tomorrow, on whether Thailand can extend354 words
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812 2002-12-12 1 Anthony Rowley - Several factors may conspire to derail recent rebound From i Anthony Rowley in Tokyo THE global economic recovery is proving to be much weaker than expected, and there is a "significant risk that the world could slip back into recession", the World812 words
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Advertisement107 2002-12-12 1 DfSIPE BizlT Modest growth seen in leased lines market. Pg 20 Kenneth James: Free content online oxymoron or inalienable right? Pg 20 Top Stories Fewer dealers, remisiers due to depressed market. Next Page Cautious executives shrink talent pool: head of exec search group. Next Page Key Ssangyong owners make general107 words
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Advertisement171 2002-12-12 1 4« a 002 Drop by any DBS branch for some no-obligation financial X planning advice and you could win a Maldives holiday for two worth U555,600. Find out more in The tKm L.U.C A proud watchmaking tradition L-U C 1860 Self-winding chronometer, double spring barrel LU.C "Twin". Jr integrated rotor171 words
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Advertisement19 2002-12-12 1 US economy still in a soft spot: Fed, Pg 17 IMF: ATsia well placed for global upturn, Pg 1219 words
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NEXT page
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Article, Illustration543 2002-12-12 2 David Boey - More are quitting jobs, earnings hit by Net-based trading By] David Boey [SINGAPORE] After a bleak year, the number of dealers and remisiers in the local stock market has dwindled to levels not seen since mid--1999. The community of dealers hit a543 words
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ON THE grapevine
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Article239 2002-12-12 2 FOR those looking to safeguard their precious documents, a company from China professes to have the ultimate suitcase. It's called the CQ-1 super safety suitcase, and Grapevine is by no means recommending the product one way or another. Information about it was e-mailed to us,239 words
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Article111 2002-12-12 2 WOMEN who find their husbands or boyfriends peeking into their underwear drawers in the next few weeks shouldn't be unduly perturbed. It probably means that they plan to buy them underwear for Christmas inspired perhaps by the latest ads from Triumph, in which appear the words,111 words
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Article70 2002-12-12 2 IN The Penguin Dictionary of Modern Humorous Quotations compiled by Fred Metcalf is this bit of wry British humour on some subjects close to a Singaporean's heart: "There are three things not worth running for a bus, a woman or a new economic panacea; if70 words
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Article43 2002-12-12 2 IN yesterday's report "Rivals cry foul over treatment of POSB at loans fair", we incorrectly stated that MediaßoxOffice is affiliated to Keppel Land. MediaßoxOffice is affiliated to Premas International, the property management arm of Capita Land. We are sorry for the error.43 words
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Article, Illustration659 2002-12-12 2 Chuang Peck Ming - Tainted firms find it tough to attract talent, says search group chief By Chuang Peck Ming [SINGAPORE] We've heard enough of how fussy the Singapore worker can be when looking for a job, even with unemployment at a 15year high. In the West, there's nowCHRIS LOH - 659 words
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Advertisement90 2002-12-12 2 Tke past inspiring tke future." Notking my more than putting tke top down and turning tke key of an antique watchmaking and tke car* tkat kas injpired tku 1940 s style concept; tke Timemaiter". Aiade eack I imemaster lure to add to collectakilitv. Chronoswiss Fajzination Jti Meek SINGAPORE Cortina Watch90 words
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Advertisement97 2002-12-12 3 Bond's Choice y •6 ao <u _2 [fl j 11 1 JP** I^— Seamaster Bond. James Bond. This typically suave greeting by everybody's f\ favourite secret agent is arguably one of the most easily recognised lines in cinematographic history. Omega has built up a lasting (and life-saving) relationship with secret97 words
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SINGAPORE companies
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375 2002-12-12 4 Ven Sreenivasan - They will pay $1.05 a share, with plans to delist company at the end of exercise By Ven Sreenivasan A GROUP of major shareholders of Ssangyong Cement Singapore has launched a general offer for the shares they do not own with the intention of375 words
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Article, Illustration501 2002-12-12 4 It dismisses fears that demand for rigs is falling Bloomberg KEPPEL Corp, which earns half its profit from marine and offshore operations, expects to win about $1.5 billion worth of contracts next year to sustain growth in that business. TheBloomberg - 501 words
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770 2002-12-12 4 anthony rowley - locksiew anthony rowley JOHN Snow, if he gets confirmed, will step up as the new US Treasury Secretary amid the bleak mid-winter of America's economic discontent. But it is not only his name or Wall Street's rather icy welcome that suggests he may be unable770 words
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196 2002-12-12 7 Tang Weng Fai - By 1 Tang Weng Fai SINGTEL yesterday announced it will install up to 310 payphones in a threeyear deal as the sole supplier of public payphone services along the North-East MRT line and the LRT system in Sengkang and Punggol. A Sing Tel196 words
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594 2002-12-12 7 Analysts cite fears of competition, saturated market for low share price Reuters INDIVIDUAL investors, stung by Mobile One's limp trading debut, have cut their losses amid renewed concerns over factors limiting the telco's growth prospects, particularly the saturated Singapore market andReuters - 594 words
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Article, Illustration363 2002-12-12 7 Kalpana Rashiwala - Previews held for Bt Timah project; Ist phase may cost mid-$6OO psf By. Kalpana Rashiwala YEO Hiap Seng is trying to build up interest in Gardenvista, a 318-unit condominium project on its former factory site in Dunearn Road. The listed group controlled by363 words
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213 2002-12-12 7 Andrea Tan - Bui Andrea Tan LISTED contractor Chip Eng Seng and NTUC Choice Homes have tied up once again. This time the two have inked a $40.5 million deal for a freehold site on Riviera Drive in the East Coast area. The site213 words
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257 2002-12-12 7 Move aimed at creating strong brand for growth SEMBCORP has rebranded its environmental engineering units to tap synergies through cross-selling and bundling of services. In a statement to the stock exchange yesterday, it said that holding company SembCorp Waste Management will now be known as SembCorp257 words
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162 2002-12-12 7 THE local shares of Hong Leong Singapore Finance (HLSF) yesterday rose five cents to $1.82 following an announcement by the company that it intends to merge its local and foreign tranches. In an announcement to the Singapore Exchange, HLSF said the move162 words
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306 2002-12-12 8 Ven Sreenivasan - 5.3 m shares offered to public at 20 cents each By Ven Sreenivasan SESDAQ-BOUND Semitech Electronics' public offer tranche comprising 5.3 million shares has been 39.4 times subscribed. Besides offering 5.3 million shares to the public at 20 cents apiece, the company issued306 words
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COMPANY Briefs
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79 2002-12-12 8 TELEDATA (Singapore) said yesterday its chief operating officer, Tan Huat Chye, has resigned after Just over six months on the job. The company said that in accordance with his service contract, Mr Tan's services wire terminated from Dec 9. This follows the departure of the79 words
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Article43 2002-12-12 8 MAGAZINE publisher Panpac Media yesterday said it has appointed former Ernst Young tax services manager Patricia Wong Hwee Ling as its new chief financial officer. It said Ms Wong will replace Lee Kau Fu, who has been redeployed.43 words
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Article, Illustration74 2002-12-12 8 FOLLOWTNG professional valuation, SMRT Corporation sa id that the total fair value of assets of its subsidiary Tibs Holdings at Nov 30,2001, was $311.6 million, which is 52.9 million lower than the book value of $314.5 million. SMRT said that it would make adjustments74 words
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Article25 2002-12-12 8 KODA Ltd yesterday said that its 8.44 million new placement shares will be listed and quoted on Sesdaq from today.25 words
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Article, Illustration378 2002-12-12 8 Andrea Tan - Analyst says it's expensive relative to the market By Andrea Tan SINGAPORE'S first listed nursing home provider Econ Healthcare stumbled on its debut on Sesdaq yesterday. Its shares suffered a 14 per cent fall against the initial offer price ofFILE PHOTO - 378 words
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277 2002-12-12 8 David Boey - Turnover down 38% to $52.3 m due to industry slowdown David Boey JADE Technologies Singapore Ltd, a Sesdaq listed electronic components maker, yesterday credited the narrowing of its full-year losses to $1.7 million to cost reform measures which saw it retrench277 words
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167 2002-12-12 8 DESIGN and electronics firm GES International, which recently took manufacturer Eltech Electronics private, yesterday said its Eltech arm in Malaysia has been appointed an original design manufacturer by Australian firm Key Corp. Mainboard-listed GES said that Eltech Electronics Technology will provide167 words
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Advertisement28 2002-12-12 4 Hi bhpbilliton AUR I A S *2tr-■ m j l' MM 'l 1 M'VKK < «>MI'I I\•\\ I M \IM 1.., ,ii.,mri,v Imki, s{> u>> Shop onlm. uuu ti.,n|>28 words
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Advertisement116 2002-12-12 5 II Earn J| HBH ency deposits. I SSiSk I tfg Earn I I I II Jv I.w»wi««nwi HIVDSUIRJIIIS.H j >-«'ffl»\% t&'3£. f -m without leaving your 11, cemforj zone of Conditions: minimum sum of HS^ToS pi*! a !?T£ «<"*•»« and sublet to charge To eb,oy thrs preferential rate. customers deposit116 words
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Article2923 2002-12-12 6 UNIT TRUSTS FUNDS I CmmnbMk Am Mat Com Global Finance Index Fd 0.713/ AM Am «MMft R'iml ComGJobal Ufe«ytemd»M 083* Star Europe Eqty!** 0 601/ Com Global Health Index Fd 0 7* Star Europe Bd 111V Com Global Telecom Index Fd 0.413/ Star Europe Bal iu Com Global Infotec Index2,923 words
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SINGAPORE markets
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Article, Illustration318 2002-12-12 6 OTHER SINGAPORE INDICES Cec 11 VALUE CLOSE BTOfLUS 390.00 +32.00 BTCAW -*****.00 -56.00 gTlft-iaylM -*****.00 -39.00 <M8Wln 356.95 +0.29 SC Equities Elsct 122.41 -2.23 MCiJiii Fh 1214.64 +8.96 WMjwflip 326.86 -0.34 MSCIflypiiri 168.97 +0.56 MWOWbii 167.70 +0.50 Stocks Volume 26.032.000 Chart SemiCond 26c 20.406,000 16,651.000 10c 11,448.000 SngTeJ 15c... 8.828.000318 words
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Article, Illustration278 2002-12-12 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan ST Engineering, whose stock has been under a cloud in recent days in the wake of the financial troubles of United Airlines, emerged as one of the top performers on the local bourse yesterday.278 words
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Article, Illustration596 2002-12-12 6 larry wee - US$ marks time in Asia, firms up against euro I:j I comment CURRENCIES Markets look to US retail sales number, Q4 Tankan survey results larry wee THE US dollar finished mixed yesterday, benefiting from bad news out of Europe, but displaying little upside versus its Asian counterparts. The sterling pound,Source: Reuters - 596 words
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Article, Illustration795 2002-12-12 6 r. sivanithy - ii comment STOCKS r. sivanithy A"GLC play" appears to be developing in the local stock market, and this is relegating "IPO fever" to secondary status, although not all the government-linked companies concerned have been positively affected by it. DBS and ST Engineering stood795 words
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Advertisement359 2002-12-12 7 Call toll-free 1800 289 8822 IN THE MATTER OF ABIUD PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50. that a Final General Meeting of the members of the abovementioned Company will be held at #21 00 Alexandra Point,359 words
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Advertisement165 2002-12-12 7 In the Matter of The Companies Act Cop. 50 and In the Matter of KIM LENG GARMENT PTE LTD (In Members' Voluntary L»qu»dat*on) NOTICE Of fINA! MFFTIHft NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Compon.es Ad, Cap 50, that the Final Meeting of the Members of the165 words
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Advertisement78 2002-12-12 7 1 1 PATEKNPHIUPPE your o+n -c JH' Jj£ e* Pl\ J| Br* JHv JP^^ijpm_MßLj|^B|» L w J Jr fl [i— >|r db) You never VWjv^jLr actually own a Patek Philippe. You merely WS^K look after it for the next generation. caiatrava by Patek Philippe SINGAPORE MALAYSIA <***** Kj TAKASHIMAYA S.C.78 words
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Advertisement214 2002-12-12 8 Where to wine, dine and entertain... irilttfeHj A World of Exclusive Privileges Treats 1 wwwulinersxoßLsg U®fis2SSr*' Indulge in the best of two culinary worlds as we bring you the best of international cuisine. HlgNlghts Include Pepper Crabs and Rod Praia from Singapore Sashimi and California/! Hand Rofts from Japan, Fresh214 words
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Advertisement151 2002-12-12 8 W»ffirM >•" 'tm Sa types of choose from, each set comes with nee, salad. fresh fruits, main dish Mixed Fried (Fried Prawn and Nuggets) Japanese Crispy Chicken Nuggets fcmyaki Chicken Chicken Cutlet Salmon Beef CALL «0 6253-0777 TS 3 C o (Angeline) r— 1 SOT off your total bill Valid151 words
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Advertisement51 2002-12-12 8 Buffet 'M thanjgfl^disj^j Jm <*+ I Bstk I International Chinese A La Carte Buffet Savour the best of Chinese cuisine at Captain's Table. More dun 40 varieties of Cantonese. Saechuan. Teochew and Yunnan favourites available $22.80 per adult; Sl6 per child MoixJjy io Fn4»: Dnmt Wofcrndi PuUk Hoixkyi Lundi ft51 words
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Advertisement56 2002-12-12 8 J3HH slji jp» *my- &njoy Jfone^glazedTfam, Dioasi Q/S ZkirJtey... more !J&s//ue Qoodies. Call 6831 6285 to place your order now! x^V Haytdarm Svtgaporr I JWW 333 Orchard Road, Singapore *****7. Tel: 6737 4411 Fax: 6732 2361 |gBmn^M»w«i<^gll Opsn: 12noon 3pm, 5.30pm 11pm Charcoal BBQ Snapper Fish $12.80 ibb Charcoal BBQ56 words
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Advertisement76 2002-12-12 9 PP?^ 4 PRIMERA SHlFT_the future ■■■>- I Space but both otfor G/ldtsss Dl G&s ur& nn tha mttri W//ii'r/»o,/flr p i tut* mr Prim Bra at unur nflfl r fle B Good Design Award Gold Prize 2001 I nar our nearesz wssan showroom today. V* 6466 1 vTh^t^^^^^eC) 1 160076 words
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EXECUTIVE suite
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Article, Illustration896 2002-12-12 10 Andrea Tan - New country head Terence Tang vows to correct misconception that firm neglects S'pore for the sake of regional business, reports Andrea Tan Andrea Tan POWER struggle. Several high-profiled departures. Terence Tang is aware of the rumours that are swirling about his company. As896 words
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Ascendas' flagship property in India wins accolade
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Chapter217 2002-12-12 10 SINGAPORE BASED Ascendas' flagship property in India the International Tech Park, Bangalore has been conferred the World Teleport Property of the Year 2002 award. The prestigious award by the New York-based Intelligent Community Forum (ICF) is to recognise, among other things, the park's contribution to Bangalore's growth. The development was217 words
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Advertisement1229 2002-12-12 10 Aspial ASPIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Gv^ ral <* Company w.H be held X 55 Üb. Avenue 1. i 07.11. Üb. 55 BuMmo ■ORDINARY RESOLUTION: APPOINTMCNT OF NEW AUDITORS p^_^c °uniantt. Sngapore be and are hereby appointed Auditora ot me Company1,229 words
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Advertisement557 2002-12-12 10 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF WILLIAMS COMMUNICATIONS GROUPPTE LTD UN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF RESOI IJTION Al an Extraordinary General Meeting of the Company duly convened and held al 80 Raffles Place #13 00 UOB Pla/a I. Singapore *****4 on the557 words
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Advertisement969 2002-12-12 10 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF WEPEPA PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of #16 nwffltws of fie Company duly oorvenec and held at 1702 Cufen BtvdHouslon TX ***** USA on tie sti day ol December 2002.969 words
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Advertisement191 2002-12-12 10 At S«rangoon Road FOR SALE IV PRIVATE TREATY .j£ 4-Storey comprises of Food Court, it r aiiMHM Restaurant Retail. Offices li Sk ik. M 199 Land Area appro* 5622 sq ft C ■> Gross Floor Area: approx.l67oosq ft agMK, Auto-parking system J j Great Investment Opportunityl Call 6299 2112 Jimmy191 words
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Advertisement218 2002-12-12 10 Isubjectl Largest Collective Sale I SITE Ay f n f/ B For Tender ri*r V ew Prune Residential Redevelopment Site 0 Coif Course At West Coast Park n Existing development: C/fy Parkview Condominium < S *y Quiet and serene residential endave <P West Coast Easy accessibility via Ayer Rajah Expressway218 words
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SINGAPORE news
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360 2002-12-12 11 Eugene Low - It will help firms globalise; turn S'pore into a world enterprise hnb By\ Eugene Low INTERNATIONAL Enterprise Singapore (IE) says it is focusing its resources to quickly step up efforts to spread Singapore's external economic wing. In its latest annual report, IE said360 words
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Article334 2002-12-12 11 Chuang Peck Ming - I 3on the economy outlook By\ Chuang Peck Ming YET another investment banking house has ruled out a dou-ble-dip recession in Singapore. "Despite fading fortunes, lean inventories and the savage work-off of the global tech overhang should help prevent another precipitous decline in economic growth of334 words
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Advertisement177 2002-12-12 11 automatic chronograph WITH WORLD TIME INDICATOR "WW.tc", Worldwide ■'> Manufactured calibre. Also available with ajilfttMtoMl GP GIRARD-PERREGAGX oe lassociation •«TERf>*OFEssiONNEue oe la hautv hc*logeri£ Exclusive Distributor: BMI A division of F J Benjamin Singapore Pte Ltd Tel: 6737 3786 Website: www.o-beiUamin.com Available at all authorised retailers: CORTINA WATCH Millenia Walk177 words
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REGIONAL news
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549 2002-12-12 12 WASHINGTON But IMF directors remain divided over whether KL should retain ringgit peg Reuters THE International Monetary Fund (IMF) said on Tuesday Malaysia's economy is in recovery after a short recession last year, and should be in place to benefit fromReuters - 549 words
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Article272 2002-12-12 12 HANOI Reuters FAST-GROWING Vietnam won pledges of an increase in aid for next year from donor countries and multilateral agencies yesterday, but was urged to pursue reforms to streamline government and curb corruption. At a donor's meeting, US$2.5 billion was pledged for 2003, versusReuters - 272 words
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NOTE Book
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Article75 2002-12-12 12 Bloomberg [KUALA LUMPUR] Celcom Malaysia, Malaysia's No 2 mobile phone company, had 8 per cent of stock change hands in off-market trades worth RM347 million, according to stock market data. Some 150 million shares changed hands at RM2.31 a share, lower than the current price ofBloomberg - 75 words
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Article82 2002-12-12 12 Reuters [KUALA LUMPUR] Malaysian toll road operator Plus Expressways yesterday said it plans to sell RM2.26 billion (Ssl billion) of serial Islamic bonds on Dec 20, to reduce its financing costs. Plus said the new bonds, which will replace existing debt carrying higher yields,Reuters - 82 words
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Article92 2002-12-12 12 Bloomberg [JAKARTA] Indonesia will name the winning bid for a 42 per cent stake in PT Indonesian Satellite Corp, the country's main overseas call operator, on Dec 16, a government official said. "The government will choose the winner after the close of the bid andBloomberg - 92 words
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82 2002-12-12 12 AFP [HONG KONG] Telecoms giant Vodafone Group will ultimately seek to lift its stake in the mainland's biggest mobile phone operator China Mobile (Hong Kong) Ltd to between 15 per cent and 20 per cent, the Hong Kong Economic Journal said yesterday. It citedAFP - 82 words
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Article68 2002-12-12 12 AP [JAKARTA] Indonesian police yesterday said they had arrested the alleged mastermind of a bombing at a McDonald's restaurant that killed three people and injured 11. Agung Abdul Hamid was arrested close to the Javanese town of Solo late on Tuesday, said police Col Hasyim Irianto.AP - 68 words
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87 2002-12-12 12 Reuters [LONDON] Mobile phone operator Hutchison 3G has dismissed a report that it will axe 10 per cent of its UK workforce and said it is actually recruiting heavily for the launch of its third generation mobile network. The Daily Express said yesterdayReuters - 87 words
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70 2002-12-12 12 Bloomberg [KUALA LUMPUR] Japan's JFE Holdings, created in September from the merger of Kawasaki Steel Corp and NKK Corp, almost doubled its stake in a Malaysian tin-plating company, according to a stock exchange filing. JFE, through Kawasaki Steel, bought 11.15 million shares ofBloomberg - 70 words
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269 2002-12-12 12 KUALA LUMPUR AP MALAYSIA broadened its war of words with Australia to include the United States and Japan on Tuesday, criticising their support for Australia's stand that it has a right to launch pre-emp-tive strikes against terrorists outside its borders. Malaysia hasAP - 269 words
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464 2002-12-12 12 KUALA LUMPUR Move raises fears over delay in merger with Utama Bloomberg RASHID Hussain Bhd said it extended the closing date for its partial takeover offer of its banking unit, RHB Capital Bhd, to Dec 18. The closing date of theBloomberg - 464 words
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Article, Illustration343 2002-12-12 13 JAKARTA Official says delay in World Bank and ADB funds will take Bndget deficit above 40.5t rapiah Bloomberg INDONESIA may exceed its Budget deficit target for the year as overseas lenders have delayed part of the aid pledged to projects in the country, a financeBloomberg; AFP - 343 words
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202 2002-12-12 13 Bloomberg [JAKARTA] Indonesian banks have until the end of June 2003 to reduce non-performing loans (NPLs) to 5 per cent of their total lending, six months later than an earlier deadline, the central bank said. The extension was granted because many banksBloomberg - 202 words
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310 2002-12-12 13 MANILA Bloomberg THE Philippines' debt-rat-ing outlook may be cut by Moody's Investors Service due to concern about the government's ability to trim the widening budget deficit and boost lagging tax revenue. "We are not ruling anything out," Thomas Byrne, senior credit officer at Moody's,Bloomberg - 310 words
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361 2002-12-12 13 HONGKONG She's suspected of fating her late husband's will AFP HONG Kong police have questioned Asia's wealthiest woman, Nina Wang, over the alleged forgery of her husband's will, media reports said yesterday. Local television and radio stations said Ms Wang was questioned yesterday,AFP - 361 words
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Article, Illustration451 2002-12-12 13 AFP [BEIJING] One year after its entry into the World Trade Organization (WTO), China remains a counterfeit paradise, awash with a huge range of copied industrial products and brands, local or foreign. The Silk Market in the east of Beijing is best known among touristsAFP - 451 words
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Advertisement103 2002-12-12 12 le jjj V TH E POSS I B I l i vJYtfi, On! Read text. Wr Mobile Intel* Pentium* 111 processor 800 MHz supporting Enhanced Intel® Speed Step* technology (Ultra Low Voltage) 256M8 SDRAM (max. 768M8) 40GB HDD 10.4" XGA TFT Colour Active Digitiser VGA Port Internal Speaker. Internal Microphone103 words
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Advertisement47 2002-12-12 13 CP THE POSSIBILITIES ARE INFINITE CI lIITCI I Read as?typed text. Write as on paper. mvir*** M m fig* i Fujit su Stylistic Tablet PC :hnoiogy »s LAN ,^tllf Norman I Write notes, edit documents, compose send emails. All in your own handwriting. Back to basics. Naturally.47 words
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EDITORIAL & opinion
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Article, Illustration791 2002-12-12 14 yogi aggarwal - bottom line OPINION yogi aggarwal The writer is a Bombay-based journalist who contributes regularly to BT AFTER a year of stagnation, Indian exports are bouncing back into dou-ble-digit growth figures. Exports of merchandise goods from India, which grew at a brisk clip of791 words
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Article64 2002-12-12 14 'I am just a woman. No one will believe my words. But if you see my body you will know whether Saddam Hussein has weapons or not' —Ha mid» B«M«p an Iraqi villager and chronic hospital patient at age 32. who was struck with what was believed64 words
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669 2002-12-12 14 EDITORIAL IT has become typical of Japanese officials in recent weeks to engage in efforts to push down the value of the yen while also claiming that exchange rates should be decided by the market The two things are obviously incompatible, but, truth to tell,669 words
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Article, Illustration867 2002-12-12 14 Robert J Samuelson - The social problem of an aying US workforce is to reconcile society's need with individual and corporate preferences By Robert J Samuelson The Washington Post Writers Group I AM what's now called a "mature worker" a new phrase with a brightThe Washington Post Writers Group; AP - 867 words
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Article364 2002-12-12 14 Sum Foong Yee (Miss - mai LI Sum Foong Yee (Miss) -o -w Senior exec puA/ic relations officer For chief corporate development officer Housing Development Board I REFER to your report, "Rivals cry foul over treatment of POSB at loans fair" (BT, Dec 11). We wish to clarify that HDB364 words
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Article262 2002-12-12 14 Hwang Soo Jin Singapore - Hwang Soo Jin Singapore YOUR report, "Cost gap between China and Asia narrowing: Citigroup" (BT, Dec 11), is not only prematurely optimistic, but also seriously underestimates the grave challenge posed by China by virtue of its cost advantage over the rest of Asia. By simply pointing262 words
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151 2002-12-12 14 Ho Hwei Ling - Ho Hwei Ling Senior Manager Corporate Communication Infocomm Development Authority of Singapore WE refer to Tang Weng Fai's commentary, "Was money well spent on technical trials?" (BT, Dec 9). We share Mr Tang's concern that public funds should be well spent, so that they151 words
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REGION world
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363 2002-12-12 15 HONGKONG Bloomberg SUNDAY Communications Ltd, a Hong Kong mobilephone operator that has never posted a profit since starting business five years ago, fired a 10th of its workforce to cut costs after customer growth stalled. The firing of 88 workers,Bloomberg - 363 words
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599 2002-12-12 15 NEW YORK Biggest disk drive maker valued at US$5.l billion Bloomberg SEAGATE Technology Holdings raised US$B7O million in an initial public offering after the biggest maker of computer disk drives cut the price by as much as 20 per cent to entice investors.Bloomberg - 599 words
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293 2002-12-12 15 UTOKYO Bloomberg NISSHO Iwai Corp and Nichimen Corp plan to merge in April, aiming to cut 4,000 jobs and reduce debt. Lehman Brothers Holdings Inc is considering an investment in what will be Japan's sixthbiggest trading company. The companies, which trade fuel, textiles andBloomberg - 293 words
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Article267 2002-12-12 15 GUANGZHOU, China Talks with City Commercial Bank at 'concrete stage' Bloomberg HSBC Holdings pic is in talks to buy a stake in Guangzhou City Commercial Bank, the Chinese lender said. "The talks with HSBC are going on and we cannot give more details for the moment,"Bloomberg - 267 words
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Article, Illustration433 2002-12-12 15 MUMBAI Bloomberg STANDARD Chartered plans to expand its network of India branches by more than half to cater to a burgeoning middle class and cement its ranking as the No 1 foreign bank in the nation of one billion people. The UK-basedBloomberg; BLOOMBERG - 433 words
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Page 15 Advertisements
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Advertisement10 2002-12-12 15 J Conversation ■> J'M Probably the best beer in the world10 words
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WORLD news
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512 2002-12-12 16 LONDON Borden of home loans beginning to reach high levels, says SAP report Bloomberg, FT BRITAIN'S banking system may face stress because the country's house prices may fall, the Financial Times said. It cited a report by ratings company Standard Poor's which listsBloomberg,; FT - 512 words
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426 2002-12-12 16 SYDNEY Reuters, LATWP AFTER a year on the sidelines, Rupert Mur doch's News Corp Ltd is tipped to make a second tilt at Hughes Electronics Corps DirecTV and finally grab the missing piece of its global satellite empire. With few rivalsReuters,; LATWP - 426 words
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701 2002-12-12 17 WASHINGTON Its decision to leave rates unchanged is no surprise ATT, LAT-WP THE US economy is working through a "soft spot" and existing monetary policy is lax enough at the moment, the Federal Reserve concluded on Tuesday. Policy-makers left the interest ratesATT,; LAT-WP - 701 words
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409 2002-12-12 17 WASHINGTON It finds they helped Enron hide debt for their own Bloomberg CITIGROUP Inc and JP Morgan Chase Co aided Enron Corp's use of deceptive accounting strategies to hide debts on the now bankrupt energy trader's financial statements in 2000 and 2001, aBloomberg - 409 words
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Article151 2002-12-12 17 Reuters [WASHINGTON] The following is the full text of the Federal Open Market Committee's statement issued at the close of its interest rate policy meeting on Tuesday: "The Federal Open Market Committee decided today to keep its target for the federal funds rate unchanged at 1-1/4Reuters - 151 words
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WORLD Watch
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64 2002-12-12 17 Bloomberg [TOKYO] Japan's current account surplus widened in October as flagging consumer spending sapped demand for imported goods while exports rose. The surplus widened to 1.17 trillion yen (5516.7 billion) from one trillion yen in September, Ministry of Finance figures showed. Economists had expected theBloomberg - 64 words
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68 2002-12-12 17 Bloomberg [PARIS] Credit Agricole SA boosted its stake in Credit Lyonnais SA. overtaking rival BNP Paribas SA and intensifying the battle to control France's sixth-biggest bank. Credit Agricole increased its holding to 17.4 per cent from 12.2 percent, Credit Lyonnais said. BNP Paribas holds aboutBloomberg - 68 words
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84 2002-12-12 17 AFP [SEOUL] Key creditors of ailing Hynix Semiconductor Inc yesterday demanded that the company's equity be cut by around 95 per cent as part of its debt restructuring. Korea Exchange Bank, the main Hynix creditor, said the 121 lenders were considering a proposal toAFP - 84 words
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Article78 2002-12-12 17 Reuters [NEW YORK] Merrill Lynch Co handed layoff notices to about 10 per cent, or 100 members, of its investment banking staff late last week, the Wall Street Journal reported yesterday. The cuts came just ahead of when the bank traditionally pays out year-endReuters - 78 words
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427 2002-12-12 18 WASHINGTON SEC overturns earlier ruling in favour of National Semiconductor Bloomberg THE US Securities and Exchange Commission on Tuesday decided that shareholders should be able to vote on treating stock options as an expense in income statements, a boon for corporate-governance activists preparing forBloomberg - 427 words
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Article, Illustration583 2002-12-12 18 NEW YORK LAT-WP IN April 2000, William Don aldson now President George Bush's choice to head the Securities and Exchange Commission faced a big room full of very angry people. He had just taken over as chairman, president and chief executive of managed-care company AetnaLAT-WP - 583 words
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517 2002-12-12 18 Neil Behrmann - Bnt new policy could lead to surprise for US$ bears From Neil Behrmann in London THE Bush administration's new economic appointments in the twoyear run-up to the next presidential elections have caused knee-jerk market reactions, resulting in weakness for the US dollar.517 words
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302 2002-12-12 19 SACRAMENTO, California Sackings prompted by 6% fall in total portfolio in past fiscal year Bloomberg, Reuters THE biggest US pension fund fired two of its money managers, Merrill Lynch Co Inc and Credit Suisse Group, in a bid to improve performance afterBloomberg,; Reuters - 302 words
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Article, Illustration992 2002-12-12 16 7 Yansactkm date: Dec 11 DtTERBAMK CROSS RATES 5—— m Ow Nfct» Hm n fO Or W> 9M Pmmt A«traHa 0.874 4.652 0.556 4J72 27.002 49.889 0.691 6.799 2.074 II* 32.745 29.908 0.989 1017 0JI9 ***** 24J08 0J57 0161 Canada 1144 5J21 0.636 5.000 ***** 57.059 1790 7.776 2272992 words
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Article1425 2002-12-12 16 SICOM FUTURES Dec 11 RU88a FutDTH (Oaifemricn) KSS1 (S ceotsAg) dMt Mm Om u. $Ht (t—w) imS JM 03 1MM> Fefe 03 MM Mar 03 mm Apr/Jun 03 BMP RSS 3 (US ctotVkQ) Mhm om I— U» 8rtt (to—,) J"03 83.7S 83J5 H50 400 ITS L M 84.00 83251,425 words
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Page 17 Advertisements
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Advertisement36 2002-12-12 17 WWW.MONTBLANC.COM u c ro _Q C o J. Is THAT YOU? I MONT* I BLANC I MONTBLANC BOUTIQUES: CHANCI AIRPORT TERMINAL 2, NCEE ANN CITY, RAFFLES CITY, PARAGON. FOR AUTHORISED DEALERS, PLEASE CALL TEL: 6737 146836 words
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Article4124 2002-12-12 18 Transaction date: Dec 1J for more, go to wwwxisimmerirnarketsjoom H HONG KONG HK Exchanges ft Clearing 1040 0.10 1316 MM M5 -0.01 737 Hong Kong Electric 39.90 -0.80 8447 i!?» H 'Ss s.r 0 SET 41 1 si Anhui Expressway H 164 0.01 7080 95 "J® ,0* S£4,124 words
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Page 18 Miscellaneous
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Miscellaneous131 2002-12-12 18 CROSSWORD lawyer (4, 7) 29 Steal jug (4) in the tropics (5, 6) YESTERDAY'S SOLUTION 30 Roman Catholics count on 1 2 Rapid cement breaking up in Across: 1 Unlocked 9 Omisthem(6>s) comer (11) to Exit, 11 Headshrinker DOWN 13 Shooting-brake? (6-5) 13 Roasting, 15 Bertha, 16 Brer 2 Buck131 words
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Article2641 2002-12-12 19 Transaction date: Dec 11 for live prizes, log on to iwwvxisiaonemarketsxxmi NMlL Com. On Grift. M» GrTW M Ka "T*? i»0) W» l—r —ym Utm CV HI jm& ABNAmroNLG 56t 9 12 a. 1 i m „i a u 3 12 a 5 "a "s 62 31 ASJ2,641 words
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Article60 2002-12-12 19 •MITM ,1, 42. -P* > i* 9 6rt M» CrVM MM MC» =»a 5* rw» ll» litwrhl, %cw W >3 10M (9 Diamonds USIIJcd 5100 1100 ISDJUST«h US3740cdcd SJ5 S5S tSMSOSporc USSSSafcd HMO (200 ISSAP500 US8270cdcd I gjm ***** CIO von yisocd I K, tW5 13*0 snrrr too60 words
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Article732 2002-12-12 19 h*#"lL. JS. imom an, ot> crrw mm mem 5=ea rw> t— %c %7g*3 y,a»* g 212 as M AS Auto 10c 20 la TO 5 "if 1-5 12 ,4# Si ,ft 5 SSJScfcZzizz 1 23 75 AuanMicro 5c 10 S 1 Z2£*- 2 s T? 20 2,5 2,5732 words
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Article248 2002-12-12 19 t-tQw* GfOto n» firtw mm mem C *T—r w- rw« t— s«fcr CVr m $3 m -J?Jo 5 ,5 77 93 935 34 ,09 5J ,«J 265 2.1 74 6 243(62 55 45 IJ51Z* 0 63 6.7 3 408*5 47 2 7* 4.4 44.6 172.4 s |5SI 1H248 words
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Page 19 Advertisements
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Advertisement33 2002-12-12 19 Rado IT;/ SWITZERLAND 2 SINTRA CHRONOGRAPH j TOTALLY MADE OF HIGH-TECH CERAMICS B SCRATCHPROOF SAPPUIRE CRYSTAL TRIPLE SAFETY CLASP MADE OF TITANIUM 4f TS6IBB o< o-m.nl R.idoc SV/.ltrhcj'Our com 1 1 L ZL_,33 words
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BIZIT
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Article, Illustration603 2002-12-12 20 Raju Chellam - i-ii exclusive The mature S pore market is set to grow 1.5% a year between now and 2006, when it may cross USss23m, says a new Gartner study By Raju Chellam Despite failing end-user prices and a rise in bandwidth availability, the market603 words
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Article, Illustration655 2002-12-12 20 kenneth james - 11 i comment INFOTECH Free content will co-exist with fee-based services, but getting the mix right wont be easy kenneth james IT sounds like something from a country and western song; heck, it even rhymes: "I really enjoyed the Internet, and it made655 words
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Article, Illustration711 2002-12-12 21 derek williams - CEOs, ClOs and (71*08 should consider five strategies to stay afloat derek williams The writer is executive vice-president (Asia-Pacific), Oracle Corp OVER the past three years, companies in Asia and outside have invested in IT solutions to address specific business challenges. In711 words
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220 2002-12-12 21 [SEOUL] Prices of the most widely produced memory chips rose for the first time since the beginning of November as PC makers restocked components after filling year-end shopping season orders. The price of a 256 MB DDR (double data rate) and 266220 words
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104 2002-12-12 21 Bloomberg [SAN JOSE, California] Xilinx Inc, the world's No 1 maker of programmable semiconductors, said that sales in its third quarter ending Dec 31 will be higher than it expected as revenue in Asia rises. Its third quarter sales will be one toBloomberg - 104 words
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149 2002-12-12 21 Reuters (SYDNEY] Fraudsters trying to steal credit-card information from online auction house eßay Inc's 55 million users appear to have set up a fake website that mimicked the firm, a private Internet watchdog said. The scam involved emails that asked recipients to logReuters - 149 words
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IT TAKES
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Article108 2002-12-12 21 Bloomberg [REDMOND, Washington] Microsoft Corp said it has no plans to work on versions of its programs for the Linux operating system, after a market research firm issued a report predicting such products by late 2004. "Microsoft will not be engineering server software expressly forBloomberg - 108 words
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Article79 2002-12-12 21 Reuters [SEATTLE! VeriSign Inc will offer a broad identity verification service for online businesses for checking the identity of their customers. VeriSign, which also operates a large Web address registration service, said that its Consumer Authentication Service will help companies guard consumers identity theft, a growing problemReuters - 79 words
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Article75 2002-12-12 21 Bloomberg [CALIFORNIA] Advanced Micro Devices Inc will start shipping a faster processor for workstations and servers as Intel's biggest rival in making such devices tries to stay competitive. AMD's Athlon MP 2400+ will deliver 19 pa- cent better performance than Intel's 2.4 GHz Xeon, AMDBloomberg - 75 words
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105 2002-12-12 21 AP {SAN FRANCISCO] Computers, laptops and a slew of T-shirts with a grinning cartoon cat logo went up for auction yesterday as the now defunct song-swap company Napster cleaned out its remaining physical assets. The smattering of tech goodies represented all that was left ofAP - 105 words
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Article62 2002-12-12 21 Bloomberg (CALIFORNIA! Gateway Inc, the No 3US far of PCs, is linking idle PCs in its stores and selling their computing power to businesses after eight straight quarterly sales declines. The "Processing on Demand" service will use 8,000 demonstration PCs in 274 Gateway Country stores. The linked computersBloomberg - 62 words
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Article88 2002-12-12 21 Reuters [MANILA] The Philippines said the local unit of Japan's Fujitsu Ltd will invest 2.88 billion pesos in a new project to make high-capacity hard dUk drives for mainframe computers at Fujitsu's existing plant at the Carmelray Industrial Park south of Manila. The new manufacturing line,Reuters - 88 words
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Article, Illustration934 2002-12-12 22 DR SEAMUS PHAN - Business agility is key to ensuring that your business can adapt quickly to market chanaes customer requirements, competition and many other factors. This is the last of a four-part' advertorial that reveals survival in the brave new world depends on how your business manages its content and knowledge934 words
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Article, Illustration385 2002-12-12 22 Enhanced business user productivity All stakeholders can easily create, publish and manage their own Web content with Microsoft Word or the Web browser. Increased customer and partner satisfaction Managed workflow, content scheduling, archiving, and centralised control over publishing standards through page385 words
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Article, Illustration1094 2002-12-12 22 DR SEAMUS PHAN - Case study Xbox BY DR SEAMUS PHAN The Xbox business unit of Microsoft Corporation uses the strategic Microsoft Solutions for Internet Business (MSIB) to empower content publishers on its Xbox.com website. Going from design to launch in less than three months, Xbox.com provides1,094 words
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Page 20 Advertisements
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Advertisement256 2002-12-12 20 i JISP Sanqari, Mugelan and Nanthini are among the 7,200 kids who desperately help the It's hard for them to ask for help. How easy is it for you to refuse? n Remember Farah? She's one of the 3,200 kids we helped, thanks to your generosity in 2000. It isn't256 words
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Article2117 2002-12-12 21 Transaction date: Dec 11 I KUALA LUMPUR FraserftNeave 3.34 002 w 5Kfi 169 -oio j 5» W- room FWIndustne A16 undi Gadang .0.93 undi I A AMRealty 084 undi 81 Gamui 170 -0.05 28. Abnc 1 JO 021 19 GanadCofp 069 unch ACP Industries 2J5 4)01 45 General Corp2,117 words
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Article590 2002-12-12 21 Transaction dale: Dec 11 G*m\ *+mmm m O— Omm y.. 190 -0.120 NmSinI SOC <M7 IMD jima §s!3L.*k as sss ssr ss si js 212:?* i» £U»». S SS ™f" 13J00 -0400 SGX k Ml 1 ISO 4AS ST ilS 8 gyrw, 55 MmftNt u »nt 4tB m ?n590 words
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Article481 2002-12-12 21 BONDS WARRANTS Iff Cam bar '> M» rw» Mm tm U» AST1W*****1 ,75 1 ,6 139 OJO 16 AonaLtdWtMIIH 15 -I SO 636 4.67 23 Amte* W*****0 70 0.5 13 1 33 1 146 30 __,5 1 10 109 357 17 Bar 6%SA09O9O1 10k 104 Bar 6 SS J*****01 10k481 words
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Page 22 Advertisements
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Advertisement9 2002-12-12 22 mm i mica, i nursoay. uecemper 12 2002 Microsoft9 words
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SHIPPING TIMES
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Article270 2002-12-12 23 Reuters THE Baltic Dry Index rose 12 points to 1,637, the Baltic Capesize Index rose 29 points to 2,141, the Baltic Panamax Index rose eight points to 1,628 and the Baltic Handymax Index rose 10 points to 10,282. TIME-CHARTER: Grafton (built 1996) 122,301 dwt delivery Xingang 14/15 DecReuters - 270 words
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Article255 2002-12-12 23 SGX '000 D c a CWT Distribution—0.70 unch 0 Chuan Hup 0.43 0.01 567 Cosco Investment.-.0-20 0.01 174 003 GB Holdings 0.59 -0.03 4 Jay* Holdings 0.23 unch 396 3.84 0.08 1942 Keppel Marine 0.15 unch 95 KrpceJ T»4e 0.82 -0.02 312 Labroy Marin* 0.23 -0.01 140 Metaiock255 words
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Article, Illustration483 2002-12-12 23 Donald Urquhart - Conference to adopt package expected to reshape shipping industry By Donald Urquhart [SINGAPORE] The International Maritime Organisation's (IMO) "historic" Diplomatic Conference will conclude tomorrow after considering an unprecedented package of maritime security measures that are widely expected to dramatically reshape how the industry operates.AFP - 483 words
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119 2002-12-12 23 Reuters [WELLINGTON] New Zealand's Port of Tauranga said yesterday that it had been chosen to be the North Island hub for a new service being operated by the Mediterranean Shipping Company (MSC). The new direct service to several European markets would call atReuters - 119 words
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Article, Illustration537 2002-12-12 23 Damage to Spanish coastline may be permanent Reuters (MADRID] The sunken tanker Prestige could go on leaking fuel oil until 2006, causing long-lasting damage to the devastated coastline of north-west Spain, experts said. Deputy Prime Minister Mariano Rajoy said on Tuesday thatReuters; REUTERS - 537 words
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357 2002-12-12 23 Beth Jinks - Though lower grade, it is a safe alternative: ExxonMobile unit By] Beth Jinks [SINGAPORE] Neptune Orient Lines (NOL) trials of a new heavier grade bunker fuel, recently released for sale in Singapore, have proved successful cost savers. according to ExxonMobil Marine Fuels357 words
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193 2002-12-12 23 [SINGAPORE] Last Thursday's oil spill in the Singapore Straits was contained to just 128 tonnes, according to measurements taken from the storage tanks of Singapore-flagged tanker Agate. Original estimates put the spill at between 300 and 350 tonnes, after the193 words
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94 2002-12-12 23 [SINGAPORE] A tanker carrying about 280.000 tonnes of crude oil reportedly suffered an onboard explosion while discharging its cargo at an oil terminal south of Shanghai in China. Lloyd's Casualty Reporting Service carried an alert that the 154,071 gross tonne Oriental Venture suffered "an explosion94 words
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Article, Illustration824 2002-12-12 24 David Hughes - NEWBUXLDS By] David Hughes THE newbuilding scene remains fairly quiet, reflected by a modest new contracts list this week. Following recent substantial ordering of new car car carriers by Japanese lines, Norway's Leif Hoegh has ordered three 6,100 CEU pure car/truck carriers from South Korea's DaewooFILE PHOTO - 824 words
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Article126 2002-12-12 24 PAGE BSA 6 B'tang Mas.. 6 CMACGM 3 COSCO 3 Columbus 5 4 Central Ex 4 China Shpg 5 4 Cougar 5 1 CWT Globelink ...6 1 Delmas 4 Dortgnama 3 ECL 3 Evergreen 4 Foong Sun 5 Gemartrans 4 Hanglj 4 Hyundai 4 Heung-A 3 IRISL126 words
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Article11170 2002-12-12 28 THEBUSINESSTIMES EXPORT 31Erin-T ETA ETA Advertiser Vessel Vovaae TH#ohoo# I eta fta Advart.o# HA 1 ■yiU ciij rwtn NilM L voyao* TH*phon« ETA ETA Advertiser Vnstl Voyage TfMwnt S.N 0«r„ Nam. Name Numbrr Miflibar SMOrtn Nam. h»» JnZ 3T To ABIDJAN (ABJ, 2003 Cot. D'lvoira *Sf^ U S11,170 words
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SHIPS IN PORT
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Article620 2002-12-12 30 Vessel VoyJNo Berth Arrival Departure JURONG PORT ATLANTIS 7 A7122 J2 A/SIDE 12/12 0630 CEBU 229S J8 A/SIDE 12/12 0600 SINGA ENERGY ***** J12 A/SIDE 12/12 0100 TIRTASARI 82/02 J10 A/SIDE 12/12 2200 ZIM ITALIA 42E J17/18 A/SIDE 12/12 0100 ASL66 01/12 J6 12/12 1200 12/12 1600 BAYSWATER228620 words
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Article1802 2002-12-12 30 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un Berth Name Voy Voy seq tn-rthmg Nmbr ACX MARGUERI 012S 012S 1502/2002 1500 1W 2/*****300 ACX VIOLET 0S0N 050N 1402/2002 15.00 ISO 2/2002-03 tf) ALAM3AYA2 8825 8825 Jl *****002 1000 *****002 1300 JC16 ALNOOF C220W C220W _1_1,802 words
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Article129 2002-12-12 30 Dec 23 Japan: Emperor's Birthday. Dec 24 Switzerland: Christinas Eve (ha day). Dec 28 Australia: Christmas Day. Belgium: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. France: Christmas Day. Germany: Christmas Day. Hong Kong: Christmas Day. Indonesia: Christmas Day. Italy: Christmas Day. Malaysia: Christmas Day. New Zealand: Christmas129 words
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Article761 2002-12-12 30 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 averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the761 words
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Article477 2002-12-12 30 Carbon WO Mm 990.4 0.4 15.7 0.06 60 0.03 0,4 5 Density Mater IiiMm AshAlwMniuni S»dh»int No abow E25 0 0 1 0 0 0 380 Ave 985.0 02 0.6 0.06 31 0.02 Cxiot 380 Mai 991 j 0.7 17.6 0.09 74 0.03 win »»/y %jjW477 words
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AIR & logistics
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532 2002-12-12 31 Donald Urquhart - PlL's spin-off is pinning its hopes on China to be its main growth engine By] Donald Urquhart [SINGAPORE] Recently establishing its China operations, Origen Logistics, the young logistics spin-off from Singapore-based shipping company Pacific International Lines (PIL), is set to expand rapidly in532 words
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160 2002-12-12 31 [SINGAPORE! United Parcel Service (UPS) has launched a Short Message Service (SMS) Tracking Service in Asia to help customers track package deliveries via mobile telephone. Each of the nine Asian countries where the service is being made available will have a separate, local160 words
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Article, Illustration678 2002-12-12 31 It has cut costs, raised stamp prices this year Reuters [WASHINGTON] The US Postal Service on Tuesday posted a US$676 million loss in its 2002 fiscal year as officials said they are on track to begin preparing another rate increase forReuters; REUTERS - 678 words
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FAST Track
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95 2002-12-12 31 [SINGAPORE] Singapore's Institute of Technical Education (ITE) will launch a new course—the National ITE Certificate in Precision Engineering (Aerospace) in January to meet the growing demands of the local aerospace maintenance, repair and overhaul industry. The two-year, full-time programme will be run in partnership95 words
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Article79 2002-12-12 31 [SINGAPORE] SIA Engineering Company Limited (SIAEC) was awarded Best Asia-Pacific Airline Maintenance, Repair and Overhaul (MRO) Operation of the Year' at a gala celebration at Suntec last week. Presented by industry publication Aviation Week, the award recognised SIAEC's "dedication to safety and quality, its demonstrated operations excellence,79 words
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Article81 2002-12-12 31 [SINGAPORE] On just one night in two cities, DHL was named Express Operator of the Year, won a prize for People Development and won the International Print Campaign of the Year award for the '3 Red Lines Brand' campaign. DHL's reliability and Asia Pacific network, and81 words
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64 2002-12-12 31 [SINGAPORE] Danzas Group, the logistics arm of Deutsche Post World Net, was named 'Best Air Freight Forwarder' at the inaugural Asia Logistics Awards gala ceremony in Hong Kong. Danzas edged out finalists BAX Global and Exel in the vote count by readers of Lloyd's64 words
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63 2002-12-12 31 [SINGAPORE] FedEx will issue handheld 'pocket PC* devices to its couriers next year in a US$l5O million investment that could save it US$2O million a year. Motorola has been selected to develop the FedEx Power Pad an industrial version of hardware that uses the63 words
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Article, Illustration321 2002-12-12 31 Reuters (HANOI] More trade for Vietnam means more travel and potential orders for US aerospace giant Boeing, which estimates the fastgrowing South-east Asian country could need up to 10 more of its long-haul aircraft. Tuesday marked the first anniversary of a tradeReuters; AFP FILE PHOTO - 321 words
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Article124 2002-12-12 31 [SINGAPORE) US exhibition transport company Rogers Worldwide Inc has opened businesses in Singapore, Hong Kong, Shanghai, Beijing and London as part of its international expansion beyond North America. Rogers Worldwide (Singapore) Pte Ltd will be headed by chief executive Albert Chia, marketing manager Renny Lim, customer service124 words
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AIR & LAND transport
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Article, Illustration564 2002-12-12 32 It says profit may rise six-fold this fiscal year after route expansion Bloomberg [NEW DELHI] Air India is seeking to boost profit this fiscal year as India's biggest foreign carrier leases Boeing and Airbus aircraft from companies such as Singapore AilinesBloomberg; FILE PHOTO - 564 words
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242 2002-12-12 32 Seat load factor also up, underlying ongoing recovery AFP [FRANKFURT] German airline Lufthansa said passenger numbers rose in November, underlining the ongoing recovery in the civil aviation sector. Lufthansa said in a statement on Tuesday that a total 3.53 million people flew in itsAFP - 242 words
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Article, Illustration237 2002-12-12 32 AFP [LONDON] The threat of pre-Christmas strikes at some of Britain's biggest airports, including Heathrow and Gatwick in London, was averted yesterday when union leaders agreed to a new pay deal. Talks between the Transport and General Workers Union (TGWU) and theAFP; REUTERS - 237 words
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Article2011 2002-12-12 32 •5 !UW WW a SOUS 1545 IH9763 J 350 *4««6t 8*7381 m> 8*7382 2150 LHTO KSO LW?tt 2350 om «4C or*2 mo w«™ «o son 2350 »*n<l>«< *1436 2310 S***** KSO IH779 2359 8*7306 IKS ****** 2359 unttrtM 5035 0655 6*974 0130 nfi mm cqmw* ,m2,011 words
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Article, Illustration525 2002-12-12 32 Inadequate maintenance, poor regulation also played a part: safety agency Reuters [WASHINGTON] Investigators on Tuesday blamed the crash of an Alaska Airlines jet nearly three years ago on a part that failed because it had not been greased properly, saying inadequate maintenance andReuters; AP FILE PHOTO - 525 words
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Page 23 Advertisements
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Advertisement27 2002-12-12 23 Origen Logistics set to expand in China page 9 Boeing eyes more Vietnam Air orders page 9 4 ni winiii ds OECD ponders shipbuilding woes PAGE 227 words
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Page 24 Advertisements
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Advertisement402 2002-12-12 24 1 NORTH AMERICA GULF/INDIA SUB-CONTINENT I SUPER SHUTTLE EXPRESS (SSX) IOULF KARACHI EXPRESS (QKX) 1 nssa VOT io I s« m vesa w pjSS —P™ST"" is jg zzz™" ra 00ClW 63W47 05/12 23/12 2S 2 MAIUM MAI U 09f IJ/1I OWT 13/11 22/,2 J- rtO MDXiOTD DUOAJ OX 11/H 21/12402 words
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Advertisement56 2002-12-12 24 WORLDGATE EXPRESS LINES PTE LTD I C cil Street, #16-03/04, Dongfcofc Bank Building, S'pore *****6 Tel *****911 Fax: *****073/*****863 Email: wgate@mbox2.singnetcom.sg WEBSITE: http//wwwworldgate.com. sg V^1 v u V. Calcutta pTChWagong i 4 Karachi port louis i#m BombayV /Madras [Chittaoomg/dhaka 1 KARACHI/LAHORE 13/12 BOMBAY 13/12 MADRAS/ BANGALORE 15/12 n Colombcr' calcutta56 words
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Advertisement617 2002-12-12 24 lines services represented by Members of the Registry of nJMrfPa/ Accredited Shipping Agents, Sngapore Skipping Association gg UIY UNE MALE Zvtssa VOY leTA I ETA I Ett P. KUN6 STOKE MAlf Empress Lily 0802 19/12 20/12 28/12 Princess Lily 0103 07/01 08/01 16/01 Empress Uty 0103 23/01 24/01 01/02 vII617 words
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Advertisement6 2002-12-12 24 Members of (be Singapore Logistics Association6 words
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Page 25 Advertisements
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Advertisement824 2002-12-12 25 TO USA (SAX SERVICE) VISStI VOT SIN ETA LAI OAK PAI MOO CHI CCX MEM ATI NTC Aft SWEDEN 0031 H/12 02/01 06/01 04/01 06/01 06/01 07/01 06/01 01/01 Ot/OI Aft HOU-AMD 25/12 10/01 13/01 13/01 13/01 13/01 14/01 13/01 15/01 15/01 list 01/01 16/01 20/01 20/01 20/01 20/01 21/01824 words
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Advertisement1354 2002-12-12 25 DIRECT CALL 10 PIIITD J™£T EF™ -SSRB I "I"™ 0 4WB ann/i/iwoM. rn.4n4.mau-. mmmmo M»s/U AWSI.KO I BANDAR AiBAS 12DAYS JOHOTt WHO MIW 42M5114/44 I bumum. I rS^WT |w NK n Ml UB NO KNHNXUm NAAJK IttUN /03K lyu uT/i, MO WED QM OAI UOJ Mt SUA om Rp~] 14/1?1,354 words
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Advertisement489 2002-12-12 25 UUIHUM ~m l7n- T67T2 IFTF" K'ffi, "?7I \W fW 1V1? H/12 ?*/1? a/11 UUIHUM 2SSS 14/1? 17/12 ~iW~ l 6 1 1 W/0 |M/lM?Vl 1 |2*/12 131/1? I 2/1 I 4/1 I UUIHUM 2US 21/12 24/12 25/12 HUIBAMUM »St |27/12 1/1 2/1 7/1 J/1 11/ l UUIHUM 2TS *****" *****489 words
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Page 26 Advertisements
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Advertisement709 2002-12-12 26 HMN& HYUNDAI MERCHANT MARINE CO., LTD. a NO. **********0H tl 811 MM 181 W *W HAM MV VtSSU VOT SOU L£H ITN HT NAN 00V TST" l!!Z !!/!J 2!/!? 11/13 owonwamY "oioT n/iT n/TT li/TT loTn ~io/12 MOt VAiIK 005W 13/12 03/11 30/1? 01/01 MOi MDU IMI 11/11 M/n m/ii709 words
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Advertisement537 2002-12-12 26 W HA! LIBS! INTRODUCING: NEW WEEKLY EXPRESS SERVICE HH Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 jj*** l 31 «a an km umt Muomss imsauo sun itTii i«7ij ITU 11/12 22/12 14/12 30/12 21/12 03/01 05/01 11/01 W/01 IS/01 17/01 Z YPSa wr SMtf PWUJK537 words
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Advertisement691 2002-12-12 26 SidilFA WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POINTS *0T SM PJUANC COLOMBO UStBVA COIfMBBfI USHASIW SO If WBK II OK ISOK lIDK 71BK IWBWW M4IW UIK lIBK 771K 7SOK aIK IQU PtWWA TWWI3 73 Bt< filK 71 OK II Ml 14 Ml MHMAICW691 words
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Page 27 Advertisements
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Advertisement860 2002-12-12 27 IVfSSiI VQY KHH HKQ SIN PKL DM Oi IRAN KRMAN Pa 289 08/12 09/12 14/12 13/12 22/12 23/12 31/12 93/01 WAN ISFAHAN PCt 290 17/12 18/12 21/12 22/12 29/12 30/12 07/01 09/01 IRANTEHRAN O PCL £2 aw,l 2WA 2 2#/12 29/12 05/01/03 06/01/03 12/01/03 14/01/03 !S L "J? 2 2860 words
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Advertisement456 2002-12-12 27 mmm 1 UK CONTINENT SERVICE Loading tar HOA GUANG RDM/ATW/BMN/UK/NAN KOVOOfI ROM/A TW/BMN/UK/NAN k l*>ads Singapore. E7W Malayaa. mdoneaa MIDDLE-EAST SERVICE Loading for HABIBE ANA HDO/JDH/DMT ANGELA HDD/JDH/AQA/DMT VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT L| NDOS 081/ABU/DOH/BRN/DMM/KWT STAR 2000 JOH/AQA •Uaads Sngapore. EMi Mataysa. Indonesa USA SERVICE Loadrig tar PONTOPORUS VCW/LAX/MZL BLUE PRINCESS456 words
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Advertisement567 2002-12-12 27 (81 JSSS& MUL 11 |M B« ™=l P*<»ixoa o»« N s J! 23/1? 23/17 MOO OP I mum 17/17 ®jL_ 2AZI2 24/12 MOO Of I «u i|/75 =411 £iiSi —£2 g#| g i/\\ --SS»y/n [_wDoaMi_ oo7w 30/12 gfa, paPrUat ii£ru SWs PBI vksb vor "fjflfS linffi 11/12 ***** rats* 40ff567 words
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Advertisement87 2002-12-12 28 I\^ k yqw a LINE y< sia »|l«lp«J'*-rTni Tap |lt>fr| Tiufc I" 1 Lilfnrfi Jopon Senotor 943F" 17/19 26/12 02/01 03/01 Jopon Senotor 943E" 17/12 27/12 OMIT 07/01 ***** Jopon Senotor "WOT "OTTO!" l>97ni Amenco Senotor 945E 24/12 18/01 OMIT 28/01 30/01 01/02 America Senotor 945E 24/12 ~~09/01 15/01 *****87 words
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Advertisement175 2002-12-12 28 CWT GLOBEUNK PTE LTD I W OWN Officii IN TEL:*****833 (36 LINES) FAX:*****742 M J™" e L <J f AMG O T KfLANG tASm GUDANGKUCHING BANGKOKKAKACHIBOMBAY %HANGHA, r, H C TYHA H ONG "*"01 BKCMtNHAMBUKG TIANJIN QINGDAO SHANGHAI XIAMfN FUZHOU DALIAN XIAN BCIJINGSHI JIA ZHUANG DIRECT SAILING TO: MtMAM SUI&-02mWHMV175 words
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Advertisement230 2002-12-12 28 MgK MYANMA MMk FIVE STAR UNE Um) <«J» vbsii vot sin mu rt* ku ONN SHWI HAW S4W SU) PAGAN V3MW SU> IN MALAYSIA: IOUSTIAD SHIPPING AGINOIS ML 03-*****300 PRL 03-*****101 Kit 04-2*1240} BANK LINE sf vkt ■< tojftw W»ir Slrippit) VT NORTHBOUND TO EUROPE V CONttfe, ROW, ISULK IHEAVYUFTS230 words
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Page 30 Miscellaneous
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Miscellaneous141 2002-12-12 30 FOR 7 AM 12 DEC 2002 N v v X wq —\>\. X X 12IE 1.1 Dfe -~~i2iiE I LEGEND: Issued by Meteorological Services Division, NEA RL Thunderstorm A Showers Rain Wpa?hp Ure C (j Wind direc,ion and speed in knots Cloudy Day weainer X Hazy Wind speed symbols Sea141 words
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Page 31 Advertisements
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Advertisement69 2002-12-12 31 it Directing you towards a bigger market share h I 1 J Wherever your business may venture, the Shipping Times is perfect partner that will brighten up your path and guide 1!! y OO towards a wider market coverage. Raise your profile among the industry's leading names, extend your business69 words
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Page 32 Advertisements
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Advertisement90 2002-12-12 32 We are pleased to announce that W.H. Brennan Co Pte Ltd is being acquired by Survitec Group Ltd, the Survival Technologies Company (www survitecgroup.com) with effect from 10th December 2002 It is now part of Survitec Group. The Survitec Group-UK consists of leading names in the survival technology which include90 words
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