The Business Times, 26 November 2003

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Total Pages: 42
1 42 The Business Times
  • 13 1 MITA(P) 024/03/2003 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial com.sg WEDNESDAY, NOVEMBER 26, 2003
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  • 699 1 8.2% US third Quarter growth sizzles to 19-year record Consumer confidence in Nov hits highest level in over a year; jobs market gloom starts to lift AFP, AP, Reuters [WASHINGTON! US economic growth exploded in the third quarter to hit a 19-year record annual pace of 8.2 per cent, much
    AFP,; AP,; Reuters  -  699 words
  • 688 1  -  'Asset light' strategy helps companies focus on core business By Andrea Tan [SINGAPORE] Has real estate gone out of fashion with listed companies? A look at recent corporate announcements seems to suggest so. Having a flagship piece of real estate used to be
    688 words
  • 55 1 Tuesday Change KLSECOMP Hosed NIKKEI 22S 9,960it) +107.37 HANG SENG 12,008.07 +159.51 SET INDEX 605.03 -0.26 JAKARTA COMP _ctosed MANILA COMP .1.344.36 +9.78 TAIPEI WP1 5,***** +39.60 SEOULCOMP 768.11 +14.46 SHENZHEN B 268.85 -0.25 AUSTALLORD 3,***** +21.70 BOMBAY IND _4.894.59 +72.44 At Ham EST Change DOW .9,769.20 +21.41 NASDAQ
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  • 36 1 PRIME RATES SINGAPORE* 5.25 MALAYSIA 6.00 HON(i K((N(1 5.000 INDONESIA 39.0U TAIWAN 6.50U JAPAN 1175 KOREA 9.35 BRITAIN 3.75 n 4.00 CANADA 4.50 SWITZERLAND 2.125 INDIA 10.50 Avmffr of 10 banks *Average of 10 banks
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  • 911 1  -  BT exclusive One of them used a bogus duplicate of a legitimate S'pore website to con victims By Raju Chellam [SINGAPORE] 111 a major move to combat cyber-crime, the US government last week arrested 125 people accused of defrauding more than 125,000
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  • Page 1 Advertisements
    • 25 1 GoV GREEN-X> Why jade is enjoying ijSSpC a fashion revival 4 Find out what will be hip and trendy in 2004 ■111 8 '"*****1 *****4
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    • 94 1 Omega makes Watchmaking History once again wb jr EJJjjH ifInHMUF i biii I "jj J DE VILLE Co-AXIAL Chronograph 3 year extended warranty Omega is the first ever watch manufacturer to develop the Co-Axial escapement, redefining the basic principle of the mechanical watch which had remained unchanged for over 200
      94 words
    • 33 1 INSIDE TRADE MtPUTS US hits China's TV makers with anti-dumping duties Pg2 NOCK LOCK SICW WillAslatrayers betonValuair payoff? Wong Wei Kong, Pg 4 PMVAIK BANKING Investment finance and the an oi leveraging Pgii
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  • NEXT page
    • 607 2  -  It may propose a currency zone or an Asian Community From Anthony Rowley in Tokyo FAR-REACHING proposals that could bring about changes in the economic and financial landscape of East Asia in coming decades are expected to be aired at the Asean-Japan
      607 words
    • 692 2 China warns that move to levy duties will put bilateral relations on the line AFP, Reuters, Bloomberg [WASHINGTON/ BEIJING] In the latest in a series of trade skirmishes with China, the US government on Monday slapped dumping duties on colour televisions from China
      AFP,; Reuters,; Bloomberg; REUTERS  -  692 words
    • 567 2  -  Latest pact benefits individual brokers from both sides From Jeff Wagner in Hong Kong THE agreement between Hong Kong and China regulators on allowing securities professionals to operate in each other's markets is a step in the right direction but still leaves the
      REUTERS  -  567 words
  • Page 2 Advertisements
    • 97 2 Incorporation services in ail major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions 10 ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T:+66 6535 3382 F:+6s 6535 3991 E: singaporeGocra.com.sg 24 Raffles
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    • 31 2 [iTii I Lianhe Zaobao I Chartered I I Semiconductor I I may raise funds r I I n .again for I I future I I expansion I I I I I
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  • Page 3 Advertisements
    • 472 3 SINCERE THE WATCH SPECIALIST A nice hanistn initially invented to I el I lime in tile dark, the Repeater mechanically complex movement, the sought-atter I« Hit hlk >i i mat is now a c*>llee tors pri/ed p<tssessioii. \tter sliding and releasing a \elloush compensates tlie negatixe cttee ts ot the
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  • SINGAPORE companies
    • 659 4  -  HOCK lock siew wong wei kong THINK airline stocks and what comes to mind for most local investors is Singapore Airlines. Indeed, until now, SIA offered them the only exposure to the aviation sector. But there's another stock on the Singapore Exchange that
      FILE PHOTO OF ASIATRAVEL.COM CEO BOH TUANG POH  -  659 words
    • COMPANY Briefs
      • 103 4 INVESTMENT management and funds company, Hotung Investment Holdings, reported a 68 per cent drop in earnings for its the quarter to Sept 30. Earnings fell to NT$l4.7 million from NT545.7 million over the same period last year, despite a S3 per cent rise in revenues
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      • 127 4 CONTRACT equipment manufacturer Norelco Centreline Holdings reported earnings of $2.6 million for the three months to Sept 30,3003, up 51.9 per cent from a year ago. Revalues rose 73.6 per cent to $2&2 million for the period. Earnings per share for the third
        127 words
      • 118 4 MAINBOARD-LISTED Full Apex Holdings, which deals with the manufacturing and sale of Polyethylene Terephthalate (PET) bottles, reported earnings of 60 million yuan (5512.4 million) for its third quarter ended Sept 30,2008, a 45.7 per cent increase from 41.1 million yuan previously. Turnover also rose
        118 words
      • 154 4 Reuters [BANGKOK] Singapore-listed Total Access Communication, Thailand's second-largest mobile phone firm, said yesterday its net new subscribers increased 0.8 per cent in October. Total Access, which is 30-per cent owned by Norway's Telenor, said that it had a net 106,465 new subscribers in October,
        Reuters  -  154 words
    • 468 6  -  In last 10 IPOs, only 46% of proceeds were used for specific investments By Kenneth Lim WHEN companies seek a public listing in Singapore, a commonly cited reason in prospectuses is to "tap the capital markets for the expansion of our operations".
      468 words
    • 286 6  -  By Daniel Buenas BARELY 11 months after its IPO, Design Studio Furniture Manufacturer has received in-principle approval from the Singapore Exchange (SGX) for a one-for-three share split. Design Studio proposed "to split its shares by way of sub-division of every one existing ordinary
      FILE PHOTO  -  286 words
    • 203 6 Deals include those with DFS Venture and Shopper's Shop SESDAQLISTED Kings men Creative, which specialises in the design and production of exhibits and interiors, has announced that it has clinched three contracts totalling $5.3 million. The three contracts include a $3 million deal with
      203 words
    • 248 6 It will dispose of loss-making unit as part of the deal SESDAQ-LISTED TPA Strategic Holdings announced on Monday that it intends to take a 40 per cent stake in ordnance and explosives company Explomo Technical Services. TPA, which supplies aircraft parts and
      248 words
  • Page 4 Advertisements
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    • 64 4 «-.xquisite SWISS-MADE Music Box A timeless Gift to your beloved p for all Occasions. Wide selection in our Singapore Show Gallery I No. 23 Ann Siang Road Singapore *****3 (behind Maxwell Food Centre URA Centre) Open from 10:30 am s:3opm (Mondays Fridays) Teh 6220 8033* Fax: 6220 8022 Call us
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    • 15 4 Reach your shareholders aod potential shareholders by publicising your company's financial results Ht our newspapers.
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 216 6 Meet the giants of business at the Global Brand Forum fi Singapore-December 1-2,2003 jfl Dame Anita Deepak Chopra Tom Peters TomKelley Scott Bedbury HoKwonPing Narayana Murthy Roddick DBE Mind Body guru Author of "In Search Co-founder and The marketing brain Founder and Chairman of Infosys Founder of of Excellence" General
      216 words
    • 61 6 d S m Speak English, Spanish, French, I Japanese, Mandarin or German Sign up before November 30 K -«V and 9®t a free gift. Enter our drawing for a FREE Group Course! B Call Berfltz today tor more information! 6733-7472 H 501 Orchard Road WheetocK Place S*pore *****0 t H
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  • Page 7 Advertisements
    • 61 7 Everywhere under the sun. mi The commitment of our Corporate Customer Contact Centre shines through. fatar Jh IF" Jf"!f Pi ,JP> i-11 <» J. I (J 1 t 'l"B f I—| 'jr Mir T n m m M a/ i r n) iji'v'. i T J";-. i t i r
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  • EXECUTIVE money
    • 1239 8  -  You have raked in a pretty penny from your investments, but do you know what kind of taxes they'll attract? Genevieve Cua finds out Genevieve Cua TAXATION in Singapore is a relatively simple affair, yet the details can easily escape most people. In fact, in the
      APP  -  1,239 words
  • Page 8 Advertisements
    • 162 8 LUXURIOUS LIVING AT THE ST. REGIS HOTELS f .3 US$245 per night v .i, "> Relax and enjoy the elegance and style of St. Regis. You will experience all the benefits of a luxurious five star hotel including round-the-clock butler service and a relaxing spa to help you wind down.
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    • 104 8 Exclusive Residential Site in the East Coast Area Collective Sale of Maryland Point 'aSW CS7c •—>«-« I sitearea: 185,585 sqft i ifc 111 ifi rf MCaaMM Katong Residential, plot ratio 2.8, M— up to 36 storeys gQQBf Excellent sea views city chxj C CMnew P CyKyy »o«y Reputable schools in
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    • 16 8 We've MADE a HAUL! Sh.ve the good news vvth vo.jr shareholders. Releasing a financial statement^ Notices
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  • SINGAPORE news
    • 309 9  -  Bilateral trade pact has raised S'pore's profile in NZ, says DPM Lee By Daniel Buenas SINGAPORE is looking to learn from New Zealand in transforming its economy and refocusing its manufacturing sector towards higher value-added activities, Deputy Prime Minister Lee Hsien Loong said
      REUTERS  -  309 words
    • 307 9  -  By Andrea Tan LOW-profile Kallang Development has quietly sold a 110,117 sq ft freehold site at Paya Lebar Crescent to Centrepoint Properties for $38.6 million. The price works out to $250 psf of potential gross floor. No development charge is payable. BT
      307 words
    • 534 9  -  Telco YSNL has yet to seek permission to land the submarine cable By Tang Weng Fai PLANS by Indian telecoms firm Videsh Sanchar Nigam Limited (VSNL) to land a high-speed submarine cable here face a setback as a check with the authorities shows the
      534 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 347 9 CRYPTIC CROSSWORD ArofKS bans (7) 7 Vitamins, eg, are developed 1 How one might work out result for this diet (13) of an extended parliamentary 8 With which one might link two vote (4,8) lines of children? (9.4) 9 Country dancing is at one! (7) 12 Fuel for American state
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  • EDITORIAL & opinion
    • 670 10  -  THE bottom line OPINION al labita A HOUSEWIFE exclaims as she talks on the phone with a radio commentator "What? Another movie actor as president?!" Yes, indeed the Philippines' next president may yet again come from the silver screen. In a newspaper interview, Fernando
      670 words
    • 85 10 'In Malaysian politics, anything can happen. Probably, they are not happy with me. What can I do? I have to take it and retire gracefully.' -Abdullah Ahmad ex-editor-in-chief of the New Straits Times, after he was sacked. 'In fiscal terms, there is no doubt in my mind
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    • 687 10 EDITORIAL WASHINGTON'S decision to punish China with textile import quotas as well as anti-dumping duties on colour TV imports is unfortunate. It sends all the wrong signals on trade. The United States proclaims that it is trying to revive the Doha Round of negotiations on
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    • 943 10  - The currency that the world loves and hates It's a no-win situation. No matter what level the US dollar is at, there's always somebody not happy about it By Caroline Baum Bloomberg IT'S hard to find anyone who likes the US dollar. It was even more out of favour last
      Bloomberg; REUTERS  -  943 words
    • 722 10  -  COMMENTARY Bushies are trying to bally critics into disarming unilaterally By Paul Krugman NYT "ONE of the problems with media coverage of this administration," wrote Eric Alterman in The Nation, "is that it requires bad manners." He's right. There's no nice way to explain how the
      NYT  -  722 words

  • REGIONAL news
    • 565 11  -  CORPORATE PROFILE Net loss in the first three quarters down 42% to 142m pesos as turnover soars six-fold From Al Labita in Manila BRISK sales of units and higher rents have enabled the listed Philippine flagship of Malaysian tycoon Robert Kuok to cut losses from
      565 words
    • 534 11 BEIJING Home improvement giants see huge growth prospects Reuters CHEN Feiping's Beijing apartment gives style a whole new meaning. An artist and designer, she dreamed up a white-hued parquet and even glass walls for her pebble-floored bathroom that cost 120,000 yuan (5524,835). The apartment
      Reuters  -  534 words
    • 274 11 HONG KONG Bloomberg HONG KONG may cut the amount of homes that can be built at a site by about a fifth as the city's population growth slows. Developers may have to reduce the amount of homes to as little as 6v*
      Bloomberg  -  274 words
    • NOTE Book
      • 108 11 Reuters [AMSTERDAM] Philips Electronics said yesterday it had set up a joint venture with China's Jilin Sino-Microelectronics Co Ltd (JSMC) to develop, design and manufacture power semiconductors. Products of the new venture, to be called Philips Jilin Semiconductor Co Ltd, will be located in
        Reuters  -  108 words
      • 113 11 Bloomberg [BEIJING] BNP Paribas SA, France's biggest bank by assets, said it will buy the SO per cent it doesn't already own of a venture with China's biggest lender in Shanghai, making it the first wholly foreign-owned bank in China. BNP will buy
        Bloomberg  -  113 words
      • 128 11 Bloomberg [NEW DELHI] India will proceed with its plan to sell its remaining stakes in Videsh Sanchar Nigam Ltd, CMC Ltd and three other companies, Minister for Asset Sales Arun Shourie said, as the government seeks funds to plug its budget deficit Aside
        Bloomberg  -  128 words
      • 87 11 Bloomberg [HONG KONG] Hong Kong's exports grew in October at their fastest pace in four months as its ports handled more components en route to factories in China and Chinese-made cell phones, clothes and fridges bound for the US, Japan and Europe. Exports rose
        Bloomberg  -  87 words
      • 92 11 Reuters [BEIJING] China's industrial firms made combined profits 0f647J billion yuan (*****.9 billion) in the first 10 months 0f2003, up 46 per cent from a year earlier, the State Statistical Bureau said yesterday. The growth slowed from an annual 49 per cent rise in the
        Reuters  -  92 words
    • 545 12 Indian outsourcing firms know only one way to go —up More global firms are relocating their call centres to India where thousands of smart young graduates are standing by AFP WITH more than 50 mayor international companies relocating their call centres to India, Arleen Tony now makes a better living
      AFP  -  545 words
    • 63 12 AP [BANGALORE) A day after computer maker Dell Inc announced it stopped directing calls from corporate customers to a technical support centre in southern India, the office here claimed it was business as usual. "We did not send back any calls to the
      AP  -  63 words
    • 250 12 SHANGHAI Bid to torn around ailing state banks within 5 years AP CHINA is planning to hire foreign executives for its big state banks and invite foreign investment in a sweeping overhaul of an industry struggling with chronic bad debts,
      AP  -  250 words
  • Page 11 Advertisements
    • 415 11 ...I. 1 —rn 1 I.IIIM 11. r -an .»n hpfeMßMi V i *r*f >/ I3SKSH 11 «<. > ji*ll■«w i figlNUj National University y of Singapore Department of Economics The Economics Executive Programme (EEP) presents a Workshop on: The Thai Economy: Amazing or A Maze? Date Time Saturday, 13 December
      415 words
    • 40 11 I i i k 3 J« jjP IMf ifGENU OF IFG(NU v>.ii£ (JWS >• HP aMi»,. .jjub. he absorbed everything hcould "Hf .idi our eariies*v• v;iVS v-t-. witti $2 billton in an-'., < market. Legend K FORTUNE M A G A 7
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  • 6 12 Transaction date: Nov 25
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  • Page 12 Advertisements
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  • WORLD news
    • 633 13 TOKYO Mizuho, 2 rivals say combined profits to hit US$9b as bad loans decline Bloomberg REBOUNDING from record losses, Mizuho Financial Group Inc, Japan's biggest bank, and two of its three closest rivals, said they will earn a combined US$9.l billion this year as accelerating
      Bloomberg  -  633 words
    • 241 13 SANTA ANA, California Reuters MANUFACTURING services provider Flextronics International Ltd appeared close to settling a lawsuit by medical device maker Beckman Coulter Inc after a round of intensive and impromptu talks in a California courtroom on Monday, parties familiar with the discussions
      Reuters  -  241 words
    • 498 13 SEOUL Move will save 30% in operating expenses annually Reuters LG CARD Co, which was bailed out this week with a two trillion won (552.86 billion) emergency loan from banks, will lay off a quarter of its workers and shut more than
      Reuters; AFP  -  498 words
    • 685 14 NEW YORK Underwriters may have to justify issue price, provide more light on valuation NYT US BROKERAGE industry's regulator NASD is considering whether to require underwriters to justify the prices they set for initial public offerings. The organisation proposed on Monday a
      NYT  -  685 words
    • 265 14 NEW YORK Reuters SEVERAL factors that have spurred US economic growth lately are likely to fade next year, a senior official at the Boston Federal Reserve Bank said on Monday, making him more cautious on the outlook than some other
      Reuters  -  265 words
    • 336 14 BRUSSELS 20 companies may have shortchanged customers trading US mutual funds Bloomberg, Reuters EUROPEAN regulators in Dublin and Luxembourg, the region's biggest fundmanagement markets, have sought information from more than 20 companies that may have shortchanged their customers trading US mutual funds. "We
      Bloomberg,; Reuters  -  336 words
    • 252 14 AP [UNITED NATIONS] Media mogul Ted Turner has taken a small step to demonstrate his belief that women should run the world because men have "mucked it up" with too much warfare and military spending. The United Nations Foundation he established
      AP  -  252 words
    • WORLD Watch
      • 86 14 Bloomberg [NEW YORK] Citigroup Inc, the world's largest financial services company, agreed to buy Washington Mutual Finance Corp, the consumer finance unit of Washington Mutual Inc, for US$l.25 billion in cash. Washington Mutual Finance, based in Tampa, Florida, provides direct consumer and real estate loans through
        Bloomberg  -  86 words
      • 119 14 Reuters [BERLIN] German business confidence improved for a seventh consecutive month in November as a global economic recovery outweighed concern about the 1 strong euro, the Ifb economic research institute said J on Tuesday. Ifo's west German business climate index climbed more than expected to 96.7,
        Reuters  -  119 words
      • 100 14 AP ISKUULJ soutn Koreas financial watcndognas > signed a contract to sell Hyundai Investment Securities Co to US-based Prudential Financial Inc at part of a restructuring of the country's investment-trust sector. Prudential will buy a controlling 80 per cent stake in ailing Hyundai l&S
        AP  -  100 words
      • 103 14 Reuters [WASHINGTON] Despite pressure from the White House, Republican leaders were unwilling to drop lawsuit protection for oil companies from a US$3l billion energy bill and it faces an even tougher fight amid next year's political campaigning, lobbyists and legislative aides said. The bill, which included
        Reuters  -  103 words
      • 102 14 Bloomberg [LOS ANGELES] California governor Arnold Schwarzenegger enlisted the former CEOs of Moody's Investors Service, Salomon Inc and Wells Fargo Co for advice on the sale of as much as US$l5 billion of bonds. The sale would be the largest-ever offering of US corporate or
        Bloomberg  -  102 words
      • 88 14 Reuters INK W YORK] Visa USA Inc and Mastercard International Inc are negotiating with the biggest US retailers to make deals that could change the way consumers use debit cards, The Wall Strut Journal said on Tuesday. The meetings are likely to result in deals
        Reuters  -  88 words
  • Page 13 Advertisements
    • 24 13 BUSINESS FOR SALE Successful car parking business Located throughout Singapore Property, plant and equipment Strong cashflow business Offers in excess of 556.85 million iIj^^TsOLEAGENCY
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    • 65 13 SPORT Multifunction Bv mo up ■HHT A 'ft HKp > New Sport Chrono houses the true masculine spirit with the bold 44mm LARGE TITANIUM CASE. DlAL HAS INTEGRATED DIGITAL DISPLAY FOR 10 FUNCTIONS. Available with brown alligator strap with clasp or with a titanium bracket. MONT® BLANC MONTBLANC BOUTIOUES: changi
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  • Page 14 Advertisements
    • 2215 14 advertise call toll-free 1800 It? SB3l/«—& ftotke^Mfcr—>» SUPERIOR MULTI-PACKAGING UMITED (Incorporated in fHc Itpubfcc of Singapore) NOTICE Of EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN thot on Eatroordinorv General Meeting ol the Com pony will be held at 7 Benoi Sector. Singapore *****2 on 17 December 2003 ot 2 30
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    • 403 14 HAIXIN INVESTMENT PTE LTD (Incorporated in the Republic of Singapore) LOSS OF SHARE CERTIFICATE NOTICE is hereby given that the following Certificate has been reported lost, mislaid or destroyed: Naiw of Shareholders ClTtifhUr Nth Nil rfSIOTB GHS Holdings Pie Ltd 93 5.000 NOTICE IS ALSO GIVEN that replacement certificate will
      403 words

  • BT motoring
    • 561 15  -  Two niche European models were launched in S'pore recently and both seem to be doing well in a relatively quiet market reports Samuel Ee Samuel Ee PREMIUM Automobiles is on a roll. The Audi distributor has been ratcheting up good sales with two models at
      561 words
    • 510 15 HALF a dozen soft-top Saabs have been ordered less than two weeks after the new model was launched here. Saab distributor Trans Eurokars says two units of the new 9-3 convertible were booked before the launch on Nov 14 and the rest soon after.
      510 words
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  • THE WORLD OF private banking
    • 1046 16  -  Even the super-rich borrow to increase their assets and real estate purchases account for 30-40% of investment finance at many private banks. Vikram Khanna finds out more Vikram Khanna AVOID debt if you can. Borrow only when you need to. Beware of leveraged
      PHOTOS BY CHRIS LOH  -  1,046 words
    • 449 16 OF the many types of investment, few have proved to be as attractive in the long run as real estate and this is true around the world. But there are differences in the way Asian and non-Asian clients approach real estate investments. Quek Kwang Meng, Citigroup
      449 words
  • Page 16 Advertisements
    • 426 16 f! > ii; mßm W rv. 'JM RKikt2& nl L 4 j| Q: Is it true that Private Banking is changing? A Yes. Client needs are evolving as information becomes globally available. At some institutions, Private Banking still consists of a personal banker selling mutual funds. The Private Bankers at
      426 words

  • All That Glitters
    • 93 17  -  By Corinne Kerk EWELLERS seem to have defied the year's tumultuous events, offering creations rich in personality, bursting with colour and infused with hope. They've looked to the past to help chart the future, re-interpreted old forms to create new styles and combined materials to produce conversation pieces.
      Loang & Noi  -  93 words
    • Article, Illustration
      661 18  -  2003 may not have been a great year for health, happiness and the general state of the world economy. But it has definitely been an unprecedented time for creativity. The global jewellery industry has been actively exploring new ideas, moving into uncharted territory and making dreams come true.
      661 words
    • Article, Illustration
      495 20  -  Gold, silver and platinum can be pretty spectacular on their own when not embellished with gemstones, observes CORINNE KERK CORINNE KERK DIAMONDS may be a girl's best friend and other gems her confidante but what will she do without gold, platinum and silver? Apart from being the materials
      495 words
    • 403 21  -  Add a little colour to your collection, says CORINNE KERK CORINNE KERK THE past year has been a fantastic one for those who love colour lots of it in their jewellery. The possibilities available when different hues are combined have given consumers plenty to fall in
      403 words
    • 934 23  -  CORINNE KERK looks at the craftsmanship that goes into jewellery-making CORINNE KERK A PIECE of jewellery is only as good as its workmanship. But what does workmanship mean, and how can one tell good from bad? According to William Lam of Canary Diamond Company, there are two main
      934 words
    • 1449 24  -  Jade is enjoying a revival these days with its following of fashionistas. Style aside, it's known as a tough gem which could well offer the protection that grandmothers tout. CORINNE KERK unearths some facts CORINNE KERK IN its finest form, it is a vibrant green with
      1,449 words
    • Article, Illustration
      334 24 GRANDMOTHERS wear jade, but so do fashionistas. The difference? The former wear it for good luck, the latter as a fashion statement After all, modern jade jewellery looks nothing like the plain bangle, doughnut-shaped pendant or simple bead necklace of the past. Just take a look at Loang
      334 words
    • 568 27  -  Men are getting jewellery with a funkier edge thanks to celebrities like David Beckham.CORINNE KERK checks out the latest designs CORINNE KERK TAME tie pins, rings and cufflinks have been the bread and butter of men's jewellery for years. But thanks to celebrities like football star David
      AP PHOTO  -  568 words
    • Article, Illustration
      483 28  -  Jewellers are drawing inspiration from art and nature for their creations which revel in the purity of lines.CORINNE KERK is among the captivated CORINNE KERK A BEAUTIFUL piece of jewellery is like a work of art. Its creator combines imagination, inspiration and talent to bring it to life.
      483 words
    • Article, Illustration
      463 31  -  CORINNE KERK CORINNE KERK finds out what's going to be hot in 2004 A, what will be in vogue for jewellery J* To find out, BT spoke to Signity, a |fec}alist in precision-cut genuine ■t man-made gemstones, as well as Kernationail and local jewellers, dignity outlined four trends
      463 words
    • 667 31 'Even though colours and yellow gold will still be classics, diamonds will once again take centrestage, adding a touch of sparkling glamour to evening and day wear. Round, cirvular shapes and brilliant cuts will lie popular. Overall, a disarmingly chic yet refreshingly girlish Spirit will dominate the
      667 words
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  • Page 18 Advertisements
    • 34 18 YULI ■■A _IB Y^*~ >J yfl^ £5%"' *£^^Ba ®T I BEf^ 11 BBPSBKUH BHBHBB^BIHHBBHfI^Him^BBI^B^^BIV'V%MI!^^^^HiH^HBI^BBi^H^^HBBPr' Oresßß MI^^BBBHIHHBIi^^B^^^BffB^BBNBIiI^IBHBiiiBIBB v ASPREY the JEWELLERY 390 Orchard Road #03-05 Palais Renaissance Singapore *****1, Tel: 65-6732-9648, Fax: 65-6732-8612 Email: infoOasprey.com.sg
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    • 67 19 the secret gdrden v V v v v 1 ,V V f «ft m 1* f X v, C <fe ij® (g J> 7*v" 'vj*2>' "i" .A ra>. sv ?E Vj& 0&JwTh* 4 -'A I*, >. Kr4 > k HV'.T v A f i" 4 m A \> 1 j>
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    • 63 21 HnvK^l^^^HPal *'.-''^^^^|HHHH|^^^^ji? KMi ;jJsdJp^§ka |i.. >S ma<y y, n ifl Kfx Jr* iif '/r-V vr- AflPI ip# jgdHßH^, ■T^^^W'f ANG MO KIO BUGIS JUNCTION CITYLINK MALL CLEMENTI HOUGANG MALL IMM JUNCTION 8 JURONG POINT LOT I SHOPPERS' MALL ORCHARD EMERALD PARKWAY PARADE PLAZA SINGAPURA SUNTEC CITY MALL TAMPINES MALL TOA
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    • 175 22 i .IL JW —3* *f J&M/M (^EoJ/ecliosi 7th Nov 31st Dec 2003 C )iih Once A Year at Larry! JL- jc? t IY( sin ~th W >\ ember i< > ->N Duvmlvr ocia s8^<xi ,<£v /IBM- s ivni xn uli Urn .k-vwln this .'-.r, .ic»a,yiK>'S» r.-slix,- M-:.M»n vol. Si .in,
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  • Page 25 Advertisements
    • 38 25 -Sil f" #yp& 1 ISL VL ■K 4 ;i tTA^i T -SriUiantßound 1531 cwra/5 «P -it fl HPv 3r-' a 5 Carats I j F "iM ,J^k mgm*at J^^HF J«j V jaj V J Bf -jflj Hk. mondial.com.
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    • 127 26 k* 7 /^^Hi x ar m& ■mHmfjypp■■ttspK^H 'WIL fSt^m L m\, mSI Wg^. .J^m L vF %-^T^m'" UK J* r *^v 3S -'$L -£j AN ITALIAN LOVE AFFAIR Sensational, unpredictable, irresistible. Be prepared to be swept off your feet into a passionate romance with these Italian jewellery brands presented exclusively
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    • 51 27 E o u xi 9 "w m m u JZ s I I I I www. tat*oo*t(Ub4j-o^. m la NOUVELLE BAGUE FIRENZE A wb coftfCfioM oi/Oi(oh(f rxcOWivPU! of Tfce Cotar Cfu/). THE CARAT CLUB 15, Emerald Hill Road, Singapore *****7. Tel (65) 6738 1 368 Monday to Saturday 10.30 am
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  • Page 28 Advertisements
    • 162 28 I K f-* f rihjEji|#i js? i-' il W^ r i >*? t.i» it Precious Exquisitely crafted in platinum, and beautiful to behold 1 ''if' l;', One diamond, 77 facets. For the cut that sets you apart. .Av' MAIN SHOWROOM: 360 Orchard Road #01-18 International Building Singapore *****9 Tel: 6735
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  • Page 29 Advertisements

  • Page 30 Advertisements
    • 140 30 •*i. > J v T n r, ,<> ;;rti I N I 1 i t 1 -YV < -V*'^ V." y% \L- c ,2 V^"-?V. ;r >* '.'-"V-, 4/ 1 j Ot < "V I 1 4 w X x 3 4 VW r < v v l 'T" V
      140 words

  • Page 31 Advertisements
    • 61 31 your own B' p. AWY) 1 iftj lAikt I ML- J |k vjh >; '.1 I JENSEN g- MANDARIN HOTEL SHOPPING ARCADE #01-09 TEL: 6737 9810* RAFFLES HOTEL ARCADE #01-18 TEL: 6337 8283 TAKASHIMAYA DEPARTMENT STORE LEVEL 1, BRANDED BUTIQUES TEL: 6735 1033 jfr CHANGI AIRPORT TERMINAL 1 #021-52 TEL:
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  • Page 32 Advertisements

  • SHIPPING TIMES
    • 236 33 Reuters THE Baltic Dry Index rose 49 points to 4193, the Baltic Capesize Index rose 67 points to 6053, the Baltic Panamas Index rose 60 points to 4120 and the Baltic Handymax Index rose 154 points to *****. Channel Navigator (built 1997) *****8 dwt delivery retro Shanghai 19
      Reuters  -  236 words
    • 240 33 Ha»24 WCHOfWnrt 033 urii 958 Oman Hup 045 1awfc 4323 Coaco Investment 0.53 -002 1732 CWTOmmmUui 036 unch 0 UraHkta 0J5 -0 05 747 Ffw*«Lir*j 0.09 001 199 G8 Boilings 0.64 undi 0 JayHcMny .0.77 OOI 1700 Kf Venture 0l22 -001 1413 KaapatGaro MO OK 8H latroy Marine
      240 words
    • 413 33  -  Environmental group attacks quality of S'pore-registered shipping fleet Reports by Donald Urquhart [SINGAPORE] Environmental campaign group Greenpeace International has taken a direct swipe at Singapore, calling into question the reputation of its shipping register as the controversial direct action group narrowly escaped expulsion from
      413 words
    • 258 33 [SINGAPORE] The IMO's London headquarters is a busy place this week and next with a raft of issues being debated including places of refuge, ship recycling and the European Union's (EU) proposal for an early phase out of single hulled tankers. Opening the 23rd session of
      258 words
    • 255 33 Bloomberg [HONG KONG] Hong Kong's exports grew in October at their fastest pace in four months as its ports handled more components en route to factories in China and Chinese-made cell phones, clothes and fridges bound for the US, Japan and Europe. Exports rose
      Bloomberg; REUTERS  -  255 words
    • 69 33 Reuters [MANILA] The Philippine coast guard has rescued at least 12 crew of a cargo ship carrying coconut oil that caught fire and sank off the main northern island of Luzon yesterday. Coast guard spokesman Lieutenant Armando Balilo said rescuers continued to search for three
      Reuters  -  69 words
    • 198 33  -  By George Joseph [SINGAPORE] The Oiltanking group of companies has raised its Singapore petrochemical storage capacity to over one million cubic metres, with the building of two new tanks at the group's Jurong Island yards. With the new tanks, built by Oiltanking Odfjell Terminal Singapore
      198 words
    • 508 33 Busan, Gwangyang offer discounts to compete with China [SINGAPORE] South Korea will cut handling fees on transhipment cargo by as much as half at the country's two busiest ports in a bid to make them more competitive against facilities in China and
      508 words
    • 148 33 [SINGAPORE] Lloyd Triestino will launch another two new services through slot share arrangements with CMA CGM, linking China and the Black Sea, and the Mediterranean and the US East Coast. The latest move in the Italian carrier's route overhaul and network expansion follows from
      148 words
    • 817 34  -  STRAIT TALK By David Hughes PLACES of refuge, guidelines on ship recycling and the development of a model audit scheme are among the important technical issues on the agenda for this week's 23rd Assembly of the International Maritime Organization (IMO), according to an IMO press statement
      FILE PHOTO  -  817 words
    • 3 34
      3 words
    • 3 39 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 327 41 VwmI Voy Wo Mctfe Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BUANA ABADI 07/03J J16 A/SIDE 25/11 0630 MARCOPOLO 24 05AJ3J J13 A/SIDE 2S/11 0630 MAWATANGNGE PV323 J15/16 A/SIDE. 25/11 0500 SANTA SURIA2 2211 J23 A/SIDE 25/11 0700 SHANFURYU 21/03 J3 A/SIDE 25/11 1200 TY-COON 12 J12 A/SIDE 25/11 2300
        327 words
      • 2 41
        2 words
      • 121 41 Dm 8 Thailand: King's Birthday. Dm 10 Thailand: Constitution Day. Dm 23 Japan: Emperor's Birthday. DM 25 Singapore: Christmas Day. Philippines: Christmas Day. Malaysia: Christmas Day. Korea: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Brazil: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. France: Christmas Day. Germany:
        121 words
      • 449 41 THIS report, compiled by Cockett Marine Oil Ltd. show* 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 indi ca ted. The Cockett Bunker Price Index change and
        449 words
      • 13 41 E^rrr=sex=Ss2sss^H* .o^7VM7^oja!rill'nmSamm*. tewn mt mm. n m rm mm
        13 words
    • AIR & LAND transport
      • 489 42 Resistance from British carriers expected in HK, UK air talks; analysts Bloomberg [HONG KONG] Cathay Pacific Airways probably won't win the right to fly trans-Atlantic routes during air services talks between UK and Hong Kong officials, because of resistance from British
        Bloomberg; BLOOMBERG NEWS  -  489 words
      • 178 42 Bloomberg [HONG KONG] Cathay Pacific Airways, Asia's sixth-larg-est carrier, will this week apply to the Hong Kong government for rights to operate cargo flights to Beijing as the carrier taps growth in China's cargo market, chairman James Hughes-Hallett said. Cathay will resume
        Bloomberg  -  178 words
      • 293 42 Bloomberg [TOULOUSE] Delta Air Lines, whose costs are among the highest of any US carrier, said Leo Mullin will quit as chairman and chief executive officer after the company posted losses totalling U552.49 billion the past two years and pilots balked
        Bloomberg  -  293 words
      • 301 42 Sacked Mike Sears had been once seen as front-runner to become next CEO Reuters [SEATTLE] With one big misstep, Boeing Co chief financial officer Mike Sears threw away a bright future at the world's largest aerospace company and reopened a debate
        Reuters; AP  -  301 words
      • 187 42 Bloomberg [MELBOURNE] Ansett Holdings Ltd's former employees are set to receive Aslso million (*****.9 million) after a settlement was reached between the airline's administrators and a retirement fund. The accord, approved yesterday by Australian Federal Court Justice Alan Goldberg, allows Ansett administrators KordaMentha
        Bloomberg  -  187 words
      • 340 42 New system will lead to mid-air collision, they warn AFP [SYDNEY] Australian pilots threatened lengthy flight delays across the country yesterday if authorities proceed with air traffic control reforms they fear will lead to a mid-air collision. The reforms, which have been slammed
        AFP  -  340 words
      • 130 42 Reuters [WELLINGTON] Air New Zealand said yesterday it has settled out of court with Wellington International Airport Ltd (WIAL) over outstanding landing charges. The settlement meant that a pending case in the High Court between them had been avoided, it said. "As part of
        Reuters  -  130 words
      • LOG Book
        • 61 42 Reuters [HONG KONG] Dragonair, Hong Kong's number two carrier, said passenger numbers fell 1.9 per cent in October from the same month last year, but cargo volume jumped by 36.7 per cent Dragonair, hit hard by the Sars outbreak earlier this year, said it carried 334,969
          Reuters  -  61 words
        • 91 42 Reuters [MADRID] Airlines British Airways and Spain's Iberia plan to merge the flight routes they have in common from January if the European Commission approves the move next month, Spanish newspapers reported. Spanish financial dailies Expansion, La Gaceta and Cinco Dias reported that the
          Reuters  -  91 words
        • 55 42 AP [BRUSSELS] Belgian's low-cost airline Virgin Express on Monday partly blamed its plunge in profits on what it sees as illegal state aid to some of its competitors. It reported third quarter profits of L 7 million euros (553.4 million) compared with 4.5 million euros for the
          AP  -  55 words
        • 96 42 AFP [MANILA] Philippine Airlines (PAL) said yesterday its net loss widened nearly 10-fold to 383.8 million pesos (51U.85 million) in the second quarter due to low passenger loads. The national carrier reported to the Securities and Exchange Commission that the period is a traditionally lean season for
          AFP  -  96 words
      • 190 42 LAW yujm cm AJRUNE COOES M Amman totms (AAU. AF to sss£iis,tiaazssaaf taiMM Vtas <wq. BOBanqtrtom Em EVAArm»Cl*f»(fVAiCAtoCtom y*mUt(CAL). CS toitiimmk »cfAtm OfcS* Ptc*JSwmlM(CPAl. a nnSaOnMK (CSQ.OUmAi^<OAU.BLbw*mto(UA£) (Gm ff SJtolGfAl. mZ&Smi*+i Lit (S&l CMta **m HCLJL JmmtoLmmCtdi/(J»U *F HmmtoflOti KL OMHotoDiMiAMm EKT »ijf s*v ®m U)
        190 words
  • Page 33 Advertisements
    • 153 33 Cathay unlikely to get nod for trans-Atlantic routes Aussie pilots unhappy over air traffic reforms Delta's Mullin to step down Boeing fires CFO BACKpage FAR EASTERN FREIGHT CONFERENCE |FEFC) 1 JANUARY 2004 RATE RESTORATION The Member Lines of the FEFC had in end Oct of 2003 announced a westbound Rate
      153 words

  • Page 34 Advertisements
    • 829 34 I TO USA/CANADA I I BXPOKT I I OTHtR BeSTMATIOMS I wsa |im |n»paai|u»i»moi|»«ius|i«>gK»i|—»m|o«UM>|nn««|| TO*u«THAmiAu«TßAlMAmß<rnrMi LOSANGEIBEXWSS DM 24/1! 12/12 14/12 19/12 17/12 17/12 20/12 j|| wnr rTimi| nr. ST" SYD~~I Ml AM runuimsouiHMnai awi (B/12 03/121 it/11 23/12 24/12 24/12 24/12 77/12 ***** ms 5/fi 27/fi wi —wn —iw"~iXF HQgmWPBW—I
      829 words
    • 391 34 lines services repreMrted by jkjHKTA Member* of ihe Regislry of !MES9f/ AccradHed Shipping Agents, xsw* y Singapore Shipping Assooahon Members of (he Singapore Logistics Association g ULY UNI MALI /vtssa voy iu m eu A f.tuwG srat am Mold Corner 743 A 09/12 07/12 16/12 Princess Lify 1103 12/12 U/12
      391 words

  • Page 35 Advertisements
    • 1171 35 TO EUROPE FROM EUROPE mm. [Q mt tr» am ham wv sou ifviga iwr m hm ■> sm I imMMrenuc simum/ii 12/12 14/11 14/1210/12 mnam mjo2/11 n/11 •,JWJ mm liiwS/ii 17/12 i*/i>is/12 mwm. 11* 07/11 «»/iios>n 1 g/n M&MSMT 017WW11 14/12 14/12 1»/12 20/12 HnMNMOWSS 3441 01/11 10/11 13/11 HYWMi
      1,171 words
    • 2031 35 CONTAINEnSCt SUVKC TO SOOTIMOW BUNO Of costjuT shmhmns rn LTD KSWUr saru "WST "Sg&SS I SUVA/UOTOIAffUI) o»iitMi nttMtmiiw mwmp oi mtostoa m»u10/00 I PAKCTE ITAIUTn viiKM/i/nima r/WKT *****02S *****114/44 I rArtCIE |UUlt||l JOMOO'S Off!Q: COMVDmOtUI M *****0 472*2700 I {OSIMOBaWCWSWi— TB: 07-15M144 HULO7-35M170 VSiyVOY SW HK Sltt OH ON i
      2,031 words

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    • 773 36 OSSVI ff%BI UA6 IMQUWWOOWIWOti M3TT344 WUi HM74M HWU W—■ aim i| UCLIVIAw ooouMMTanoMwoPMmeMk mmsmt nub MMnrr MWM ■miiiiiiw ivwamiMiamaiosoin/WBTAmcA msa voy Ism Igtuwc* iuamoa rowrmoei ■*t*m umvm|AW>mi|TUM iow mew cotowou *fam pouau cm tknitel 010* 77/11 01/11 I IH/OI ?V1? 01/01 17/1? H/01 I B»l*» «W wii I 17/1? M/l?
      773 words
    • 1336 36 WAN HAI WTCRNATIONAL Fit LTD aw)tH»m3oM/« -I T&:*****5M (141 MB) HUbtlMllftS WXWAN HAI LINES ssadbsffiss.. Y.i JON IV) BIWS Mfc fWIW Ml Ml) WW} ML Ml) 11*7714/ fitlM L-. www.w—.C—.lf ■•f*n J >B /41 <"» ISTun |w5 a?Ti 1 fljr -w toW~w~ w» nSr-irfr -rcrr ~wfr -~j~~-?-IjNIOMCTt IM wu WW
      1,336 words
    • 444 36 BSA x MYANMA fIH FIVE STAR UNE (MVMV NOHMMI UM) Lm4o| far YoofM vtssu vor sm m poi pcu PAGAN SIIW SU HPA-MI JO m $10 IN MALAYSIA: MNISTUO SNIPPHtfi AGCNCKS KUL OJ-*****J00 HL OJ-JI7UIOI PBfc 04-2A***** ACCEPTIM COiVITIOiAI CtO vissa vor nk sin pm pu kik TMMB ittITHT I
      444 words

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    • 969 37 IVttto. *6r kmh huA I i<N 1 ho. I oitt I *a» IbttM toe "I NUN SATTAtI PCI SOU SKf SKf M/ 11 34/12 04/12 05/12 11/12 IS/12 CAM mo Kl 4013 SKIP SKIP 30/11 29/11 09/12 10/12 14/12 14/12 RUN LOUSTAN Kl 4014 SKIP SKIP 14/12 13/12 23/12 24/12
      969 words
    • 568 37 UK CONTINENT SERVICE Loading for gokcan fttm/atw/bmn/uk/nan KALMA RTM/ATW/BMN/UK/NAN Lo4d» Snflapom, E7W. Mrtaym. InrlnnmM MIDDLE-EAST SERVICE Loading tor J FRIEND DBI/ABU/DOH/BRN/DMM/KWT RAVENA DBI/ABU/DOH/BRN/DMM/KWT J SAFE ADN/HDQ/JDH •LoacM StngApore. E7W. MM*y. Indonm USA SERVICE Loadtogtor SEABEE CAM/NFK/SAV/NOL •Load* MaMyM. lndon**a F.E./S.EJL SERVICES S pore Loading tor ORCHID INC/BSN J SPRING INC/BSN
      568 words
    • 878 37 .ma m ML. HI Mti£» ]gj| jjfl] gfl] BMMi ~«n S/i! ~3fl} W —wt-=m=-m- gsa&, -a? —s%—a%BB ma am HH|™sS™rims!m^Sei* fB —j= rifiim una Mm ma Sst" M jl!'j| y^^y|yi|o|n -®£L_ rn WL (Maim mm Efr 1 =IS =H==m= «y/i» 1" 1 1 1"1 J flwjMin l *717 7*53 MmUm
      878 words

  • Page 38 Advertisements
    • 534 38 11 ii ii ii ii 111 ii ii iiii ii Wlinsasa 13W 02-03/12 10-11/11 i«-17/12 139K 06-07/12 13-14/12 2011/021 ■ULLUBTIGa SHAM 140 M 09 10/12 17-11/12 23-2V121 1411 13-14/12 20-21/12 27-21/12 1 8®!! R?2 iiii/ii i ■i|l|oAiiAll 638 07 06/12 15-17/12 25-2 A/12 ■miiiUiBVIBSIHOnE 510 21-n/ll Q3-OS/12 12-1 W2| ■HHRffiBIXTUi
      534 words
    • 828 38 FREIGHT LINKS EXPRESS PTJkLTD^ 51 Penjuru Road, 3 Level, I Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 r" E-mail: flesin@sinqnet.com.sq LCL SERVICE TO JAPAN/INDONESIA/PHIUPMNES/CHINA •OSAKA KOM CIBU JAKARTA YOKOHAMA NAOOYA SURABAYA •MANILA TOKYO SHANGHAI ALL AT USD 1 .00/ SHIPMENT Booking 6267# 5563/4694/5535/3580/5541/5506/5569/5560/5 56 3/5 514 BH
      828 words
    • 1005 38 I—wmi "iin p/ii »/ii mm ~xu 77/11" »/n jtawm W g/n n/uwoa 15H"»7fi~ n/n I I—k*Bass mi »/u w/» mm m* n/n 14/17 ifmumm imi v/w */n smabimm nv n/n u/n I Mmmmi mi «/n »/n mshk »n n/n n/n muaut »ms «/n «/»i awoa nu n/n n/n I Iwttms
      1,005 words
    • 195 38 m msmm BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM SfOH TO KARACHI ivpsa wim tumuKM IstfSOMMvataMj MM IS/IJ/K3 25/IMU tiinw iMn/W SEA-PAC MANAGEMENT PTE. LTD. 70 Anton ftoori 17-07/06 Apax Towr, Singqaon *****5 Tataphonw 6270 0977 V H FocaMht 6279 2309 XM T «Uk M427MtW*C DUCT MM II*MK). KOREA iVTSSfI
      195 words



  • Page 41 Miscellaneous
    • 116 41 I FOR 7AM 26 Nov 2003 k 't/T TL 27 > 3^^ issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day —One full fleche represents 10 knots
      116 words