The Business Times, 2 December 2003
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2003-12-02
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The Business Times
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Title Section22 2003-12-02 1 MITA (P) 024/03/2003 85* THE BUSINESS TIMES S I N G A p.O R E Srv.ernet' http://business-times.asial .com.sg TUESDAY, DECEMBER 2, 200322 words
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583 2003-12-02 1 Siow Li Sen - Sources think MAS move may have to do with risks of unlisted securities By Siow Li Sen [SINGAPORE] Some employees hoping for a Merry Christmas received a rude shock yesterday when they discovered that brokers have been told to stop funding the exercise583 words
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Article73 2003-12-02 1 □sn 1,737.75 (+23.75) ST INDEX FUTURES 1,750.00 (+30.00) SIMSCI FUTURES 213.30 (+2.30) Monday Change KLSECOMP 790.56 11.28 NIKKEI 225 __10,403.27 +302.70 HAN(i SENG 12,456.99 +139.52 SET INDEX 641.15 4.88 JAKARTA COMP .*****.- 12.86 MANILA COMP JJUJI +7.39 TAIPEI WPI 5.870.17 *9840 SEOUL COMP 807;® +11.21 SHENZHEN B 272.89 +6.5073 words
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Article83 2003-12-02 1 FOREX RATES US* SS I SS (SS per 1 SS) 1.7:3 £(l SS/SS per S) 1.724 2.971 El'ROO SS/SS/E) 12(W 1067 YEN I <19.1 ©40 KM tm 12<H) HKS 7.761 4MS BAHT 3993 «I7 RI'PIAH 8.503 4.9:lT, RENMINBI 299 4X17 INDIAN HI PEE 45.77 2t5t AS 1,176 0.79H NZS83 words
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541 2003-12-02 1 But it's a cautious move, not a big bang bailout of top banks [BEIJING] China yesterday unveiled plans to allow greater foreign ownership of its banks and slowly reduce their crippling bad debts, but the long-awaited reforms fell short of a541 words
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632 2003-12-02 1 Chuang Peck Ming - Govt won't allow a work-to-rule to threaten airline By Chuang Peck Ming [SINGAPORE] Hundreds of millions of dollars will be lost if the government does not take quick and tough action to stop what looks like going to be a showdown between632 words
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Page 1 Advertisements
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Advertisement29 2003-12-02 1 Environmental WWBISSsiII Can hydrogen power the world? A look at an alternative fuel as well as the chemicals industry, in a special BT focus on CIA/EnvironmexAsia Pages 21 2229 words
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Advertisement136 2003-12-02 1 Body Shop founder Anita Roddick on the fctfse frt|^Raß| assumptions behind corporate marketing ,r ai A great brand learns from spectacular W I mistakes. In Nike, If you don't make a mistake, 4 v I that is a career-ending move. Your job is to push W& I it, to do136 words
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Advertisement17 2003-12-02 1 SIA staff seen recovering wage cuts, Pg 2 Editorial: Employers must play their role too, Pg 1417 words
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NEXT page
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427 2003-12-02 2 Chuang Peck Ming - 57% of them expect business to improve in next 6 months By Chuang Peck Ming [SINGAPORE] You know the recovery finally has legs when small businesses look forward to the days ahead. Indeed, they seem to be the most upbeat about business in the427 words
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Article, Illustration842 2003-12-02 2 Ven Sreenivasan - Analysts put full-year profit at $600m or more, which will result in 115% of wage cuts returned Reports by Ven Sreenivasan '[SINGAPORE] Singapore Airlines (SIA) pilots and other staff could recover most of their lost wages by the end of842 words
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460 2003-12-02 2 Captains Ryan Goh and Lee Chee Kun got their notifications yesterday [SINGAPORE] The Ministry of Manpower (MOM) has sent out letters to the Airline Pilots Association of Singapore (Alpa-S) and its two non-citizen executive committee (Exco) members rescinding approval for them to460 words
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607 2003-12-02 2 Eddie Toh - But involvement of ST, DBS dismissed as speculation From Eddie Toh in Kuala Lumpur MALAYSIA'S Air Asia claims to have made progress in its effort to start a no-frills airline in Singapore. "We have moved from embryonic stage to the next607 words
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ON THE grapevine
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Article122 2003-12-02 2 IS the shorter route necessarily better? A bank in Singapore doesn't seem to think so. It told a customer, who wanted to change her mailing address over the telephone, that to have it effected, she would have to fill in a "Change of Mailing Address" form. So it122 words
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Article58 2003-12-02 2 IT'S literally a sign of the times. A post-it sticker was stuck on top of the "Push" button in the toilets of a Singapore Airlines flight from Beijing to Singapore on Tuesday. The note had two Chinese characters meaning "Flush". No small wonder. About half of58 words
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Page 2 Advertisements
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Advertisement110 2003-12-02 2 Incorporation services in all 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 TO ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E singapore@ocracom.sg110 words
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Page 3 Advertisements
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Advertisement344 2003-12-02 3 SINCERE THE WATCH SPECIALIST A mechanism initially invented to tell time in the dark, the Repeater A mechanically complex movement, the sought-after lourbillon maris now a collector s pri/ed possession. After sliding and releasing a vellouslv compensates the negative effects of the earths gravitation on lever on the casing, a344 words
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SINGAPORE companies
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Article, Illustration479 2003-12-02 4 Kenneth Lim - EGM sought to pass five resolutions; company says only one is valid By Kenneth Lim A VOCAL minority shareholder of Provisions Suppliers Corporation (PSC) is seeking a director's seat on the board of the Econ MiniMart operator after challenging the existing board atFILE PHOTO - 479 words
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Article334 2003-12-02 4 Bank suit comes 7 months after Mid-Con sued it over role in IPO OCBC Bank has countersued Mid-Continent Equipment Group, Ipco and related parties for damages arising from alleged actions or omissions by them in matters relating to the controversial public float of MidCon. The counter334 words
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Article, Illustration684 2003-12-02 4 siow li sen - HOCK lock siew siow li sen THE latest money supply data shows savings and fixed deposits grew sharply in October. And you can bet that DBS Bank the largest bank here with 87 branches is again a major repository of that money giving it aFILE PHOTO - 684 words
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Article, Illustration640 2003-12-02 5 Kenneth Lim - Deal is different from failed Allandes venture, says exec chairman Thia By Kenneth Lim FACETS of loss-making Media Stream's recent failed acquisition seem to be reflected in its latest bid to survive. Media Stream has been targetted as the vehicle for a backdoor-listingFILE PHOTO - 640 words
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442 2003-12-02 5 Amit Roy Choudhury - Numbers mirror market factors which ended 1993 bull run By Amit Roy Choudhury IS liquidity in the Singapore stock market and elsewhere in Asia about to dry up? Are the macro-economic factors which ended the 1993 Asian stock market rally coming into442 words
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438 2003-12-02 5 Reuters AUSTRALIA'S Telstra Corp, Malaysia's Maxis Communications Bhd and Singapore's Star Hub may buy into the city-state's second largest cellular operator Mobile One Ltd when its major shareholders are free to sell out later this week, analysts said. If another operator takesReuters - 438 words
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COMPANY Briefs
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Article111 2003-12-02 5 NG Teng Fong's Orchard Parade Holdings (OPH) yesterday said its chief executive and managing director Chua Tian Chu will leave the company upon the expiry of his service agreement at the end of this month. Mr Chua was formerly Citibank's corporate banking head in Singapore111 words
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77 2003-12-02 5 PANPAC Media Group Limited, which saw its former executive vice-chairman Chong Huai Seng divesting almost his entire stake last week, said it had appointed Seow Kui Lim as an executive director from yesterday. Mr Seow, who also stepped down yesterday from SNP Corporation as deputy77 words
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Article50 2003-12-02 5 SEMBAWANG Kimtrans Ltd appointed Chan Kong Leong, aged 31, as its group chief operating officer with effect from yesterday. Mr Chan, who graduated with a First Class Honours in Bachelor of Science from the National University of Singapore, was formerly with the Economic Development Board.50 words
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Article, Illustration477 2003-12-02 7 Joyce Koh - But some advise caution and taking the joint venture route for now By Joyce Koh LOCAL banks yesterday welcomed news that China has opened its banking sector to foreign banks, saying it will help them grow in China. The measures, while anticipated, willBLOOMBERG - 477 words
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Article289 2003-12-02 7 CAM International Holdings plans a US$3O million project in China after it managed to obtain industrial land there in place of a plot that was confiscated. Cam said yesterday it had obtained about 80 mu (about 50,000 sq metres) of industrial land in Jiang Xu289 words
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Page 4 Advertisements
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Advertisement32 2003-12-02 4 B Co-Organisers: Supported by: I I THE NEW DISTRICT ADMINISTRATIVE COMMITTEE SembCorp V HH I OF WUXI MUNICIPAL PEOPLE'S GOVERNMENT F Parks Management M r MmIM B *«<l>Aßi*#J*Ef Sf 0£ mtkoii china32 words
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Page 5 Advertisements
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Advertisement38 2003-12-02 5 THE NEW LEGACY. GET READY TO DROOL. V I MOTOR IMAGE I I SUBARU 9 2 5 LENG KEE ROAD. TEL: 6473 0333 SUBARU 55 ÜBI ROAD 3. #01-01. TEL: 6844 5883 EMTCfPftIHf Srt f no I W38 words
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Advertisement173 2003-12-02 6 Located on the Southern tip of Malaysia, just 17 miles from Singapore, Senai Airport benefits from a modern rail and road network, a world class IT infrastructure, and i a lower cost of operations. Unrivalled Growth No other location in Asia is more suited to being the region's premier logistics173 words
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Page 7 Advertisements
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Advertisement85 2003-12-02 7 V '^1 t; f^i MURDOCH'S PRIME TIME FEBRUARY 1 1 2003 Rupert Murdoch, the 71-year old chairman and CEO of News Corp is the most powerful man m media His Fox TV network rs rocking trie broadcasting industry, his satellite footprint covers' vast global territories, and heJs a father again85 words
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Advertisement279 2003-12-02 7 NOKIA Connecting People JZk j.■ "'■<>» ">■ -v. •.>•> /r BL jur v. jrx JrX V >Sik I H IB MJr md»;K>w H IMI U»Wr_ J 1 lIBmI llf MrjJll b\\ flf i| MHBSB fjj/M !ml \> fZ^n fMX x T£ l I 'y^l mk m iULi s I ifl279 words
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SINGAPORE markets
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Article, Illustration579 2003-12-02 8 VEN SREENIVASAN - Compiled by VEN SREENIVASAN MFS Technology DKldMhcsLiB THE prevalence of multimedia applications and the replacement market will continue to spur demand for colour handsets. While MFS' growth remains telecoms-driven, customer diversification is clearly underway. Contributions from new customers such as Cellon, Philips Optical Storage and TMD will beginSource: Bloomberg - 579 words
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Article, Illustration258 2003-12-02 8 Ven Sreenivasan - HOT STOCK WARRANT By Ven Sreenivasan MAINBOARD-listed Air Ocean Group's sec-ond-quarter net earnings rose 14 per cent to $2.5 million, on the back of steady growth in demand for international freight forwarding. Revenue for the July-September period was 2.3 per cent higher at $90.4 million.Source: Bloomberg - 258 words
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Article, Illustration494 2003-12-02 8 ven sreenivasan - BT comment STOCKS ven sreenivasan SOME traders call it bargain hunting. Others dismiss it as a technical rebound. Sceptics even describe it as window dressing. But whatever the case, the Singapore market seems to be in a recovery mode that has seen itSource: Bloomberg - 494 words
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Article, Illustration599 2003-12-02 8 larry wee - BT comment CURRENCIES Greenback retreats on reports Soros, Buffett see further falls larry wee THE euro soared to record post-launch highs in Asian trading yesterday, pushing well clear of its key US$l.2O barrier before its gains were trimmed by the Asian close. In theSource: Reuters - 599 words
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TRADES TO WATCH
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87 2003-12-02 8 NOT all insider trades are about profits and losses and fractions of cents. Mainboard-listed Isoftel said substantial shareholder Harry Fox gave three million shares of the telecommunications specialist to charitable organisations on Nov 18, reducing Mr Fox's stake to 9.81 per cent from 10.73 per87 words
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Article, Illustration75 2003-12-02 8 SCHRODER Investment Management group last Thursday continued to whittle its stake in Mobile One, selling 582,000 shares in the telecommunications service provider to lower its holding to 5.91 per cent from 5.96 per cent. The consideration for the sales was about $860,000, or $1.48 apiece.75 words
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Article67 2003-12-02 8 KENNETH LIM - Compiled by KENNETH LIM METRO Holdings independent director Chan U Seek sold 232,000 shares in the open market yesterday, reducing his interest in the retailer to 0.45 per cent from 0.49 per cent. The sale was at 71.5 cents apiece for about $166,000. Metro shares, which67 words
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Article, Illustration423 2003-12-02 8 OTHER SINGAPORE INDICES Dec 1 VALUE CLOSE BT06/0S __"21.00 +171.00 BT CADI -*****.00 +67.00 BT 10-day MA -*****.00 -2.00 AB-SGUmWM 469.56 +5.24 SG Equities Elect 172.05 +119 SG Equities Fin 1470.22 +25.16 SG Equities Prop 433.00 +0.79 MSCt Singapore 213.28 +3.28 SiMSa Future* 213.30 +2.30 Stocks Volume BeautyChina HK10 77,876,000423 words
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SMALL caps
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Article, Illustration853 2003-12-02 9 SERENA NG - Inter-Roller Engineering is set to benefit from growth in regional airports, says SERENA NG SERENA NG IT'S rollin' good times at Sesdaqlisted Inter-Roll-er Engineering, which is reaping the fruits of many years of research and development that have made it a market leader in the designSource: Bloomberg; FILE PHOTO - 853 words
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381 2003-12-02 9 Teh Hooi Ling - By Teh Hooi Ling THE small capitalisation stocks returned with a vengeance in the last five trading sessions, with our portfolio gaining a solid 7.5 per cent. It outperformed the Straits Times Index's 4.2 per cent rise, but still lagged the UOB Sesdaq Index's381 words
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Advertisement37 2003-12-02 9 WWW.MONTBLANC.COM L-t r r r NEW SINCE 1924 il (flu I IS THAT YOU? > x 5 MONT* BLANC TTJ1 I I V e> U MONTBLANC BOUTIQUES: 1 CHANGI AIRPORT TERMINAL 2, NCEE ANN CITY, PARAGON, RAFFLES CITY.37 words
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FOCUS property
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Article, Illustration750 2003-12-02 10 Kalpana Rashiwala - It sees risk of developers cutting prices to push sales, rising mortgage rates, writes Kalpana Rashiwala Kalpana Rashiwala CREDIT ratings agency Standard and Poor's has forecast private home prices in Singapore "staying flat at best" next year one of the more pessimistic market outlooksFILE PHOTO - 750 words
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Article, Illustration350 2003-12-02 10 Joyce Roh - By Joyce Roh THE government nas decided to deter tne implementation of multi-skilling in the construction industry until further notice so as to reduce the cost impact on an already sluggish sector. This action was taken "in view of the uncertain outlook that construction companies continueFILE PHOTO - 350 words
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Page 10 Advertisements
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Advertisement171 2003-12-02 10 Using CPF for purchase*: Unit Size 1,335 sq ft Selling Price $398,000 j Assuming CPF $150,000 Jj a Down Payment $79,600 t K (base on 25-year loan term) m < First Year Interest Rate** 3.5% M ,i,-| g fw|, ■>gf j rurcnasea unaor persona: name -As quoted by major banks171 words
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Advertisement194 2003-12-02 10 SUNTEC TOWER ONE Approx. 2700 to 7000 sf 1-H. for LEASE at 53.90 psf neg Approx. 1350 to 14,381 sf f° r SALE at attractive price j' ||jl h ow rise Fitted or Bare PVH Immediate Occupation Lobby Frontage Sole Marketing Agent Agnes Heu 9686 6651 Greg Sim 9270 2570194 words
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Advertisement318 2003-12-02 10 FOR SALE 65 Club Street 372 storey conservation shophouse Approved commercial use 999 yrs with nicely retrofitted facade and interior with fittings Ideal for Law firm; F&B, Advertising firm professional services Land 193.5 sqm NFA 449 sqm Please contact Marketing Agency Services Tel: 6876 6398 Mf KjdTtcoon corporate w«b design318 words
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SINGAPORE news
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Article239 2003-12-02 11 Move to help telecom equipment suppliers bring products to market faster TELECOM equipment suppliers no longer need to submit test reports or send their devices for government testing, under relaxed rules announced yesterday by the Infocomm Development Authority of Singapore (IDA). They can save $250239 words
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Article, Illustration96 2003-12-02 11 ONE of the eight luxurious Christmas trees that was auctioned at the Raffles Hotel on Thursday, the Safari Fantasy (above), is designed, styled and sponsored by The Link Boutique. It is adorned with handcrafted zebras and giraffes, as well as bright baubles and enchanted elves.96 words
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320 2003-12-02 11 Wong Wei Kong - EYE on the economy cpf funds By Wong Wei Kong Singaporeans withdrew less money from their Central Provident Fund accounts for property purchases in the third quarter compared with the second quarter. In the three months to September, $518.8 million of320 words
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313 2003-12-02 12 Daniel Buenas - This is its second overseas market after venturing into Hong Kong By Daniel Buenas LOCAL food service management company Kopitiam plans to open two food courts in China at a cost of $1.2 million in the next two months, and another five within313 words
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399 2003-12-02 12 Taila Krishnakumar - To trust or not to trust companies? Singaporeans have most pessimistic view in Asia, says survey By Taila Krishnakumar WHEN it conies to trust, Singaporeans are pessimistic and swayed by their perceptions of trust in companies. Some 83 per cent surveyed in The Golin/Harris Trust in Asia Business survey said399 words
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Article, Illustration819 2003-12-02 12 Taila Krishnakumar - Muvee Technologies pioneers new video editing technique, writes Taila Krishnakumar Taila Krishnakumar EVER wanted to star in your own music video? Thanks to a revolutionary new approach to video editing pioneered by Singapore-based Muvee Technologies, home video owners can "unlock" hours of forgotten video toCHRIS LOH - 819 words
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Page 11 Advertisements
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Advertisement49 2003-12-02 11 ifl r JH I jl|77^H 1 -ft jy W 1 I IF Bj actually own a Patek Philippe. VI I You merely look after it for the next generation. The world Time with the unique Patck Philippe 240HU automatic movement. Geneva Master Time, Tel: (65) 6732 1506. Www gmtsingapore.com49 words
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Advertisement1451 2003-12-02 11 Call toll-free 1800 289 8822 |^^Mil^otices©sp^o^^^ IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF HI-TOUCH ENTERPRISES PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final1,451 words
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Page 12 Advertisements
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Advertisement79 2003-12-02 12 jfe> v v u 'Lji'jyjy'iwi .g g I iSp-' liS »§fei ih*#^ fig •>/, ,1 dg V/ v#?, 4 iipE .mt Hi I I IP™III 1 1 .1 HH^r-?*--'- $£>g k-' gWMBai^^^^^MHMHMM^reBMffiiIfMMBiIBBMMMWi^M^BMBiaiMiaHIHMMHHHBHHWfIBIBHWfIIBaiiiBMIII/W'W• 7-| WBBmBBHImBIfSBBBBSSBBBS3m s ->P ■M|pflri)rag«nßß|BM|Bra r |i^V f y' s W EP M **"?*?K BP "-v.-- The American79 words
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REGIONAL news
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440 2003-12-02 13 HONG KONG Equity issuance and merger volume both up significantly in H2 Reuters BIGGER bonus checks should fatten the tailormade pockets of Asia's investment bankers this year, thanks to unexpectedly quick economic recoveries from the Sars outbreak this spring. Firms such as Citigroup,Reuters - 440 words
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353 2003-12-02 13 KUALA LUMPUR Move to gear up for competition from major rivals Bloomberg NEXNEWS Bhd, Malaysia's smallest newspaper publisher by market value, yesterday added a financial supplement to its Sun newspaper, aiming to attract readers from rivals The New Straits Times Press (M) Bhd and StarBloomberg - 353 words
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567 2003-12-02 13 KUALA LUMPUR RM3b of RM4b issue raised at below market rates Reuters TELEKOM Malaysia Bhd has turned to state-run funds to salvage a RM4 billion (Ssl.B billion) bond issue hit by surging yields, raising RM3 billion at below market rates, sourcesReuters - 567 words
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Article134 2003-12-02 13 Reuters [KUALA LUMPUR] Malaysia's dominant fixed line provider Telekom Malaysia Bhd may relist its mobile arm Celcom (M) Bhd earlier than expected, its chief executive officer said, according to the Star daily yesterday! State-controlled Telekom initially targeted a new initial public offer of Celcom, theReuters - 134 words
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278 2003-12-02 13 KUALA LUMPUR PLUS Expressways Bhd does not expect its revenue from toll collection to be significantly affected by the recent rockslide that closed a stretch of road on the New Klang Valley Expressway (NKVE), the Malaysian Business Times reported. Executive vice-chair-man Abdul Wahid Omar278 words
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Article, Illustration569 2003-12-02 15 JAKARTA November inflation hit 5.3%; analysts say country lagging other economies Bloomberg INDONESIA'S exports declined for a second month in October, while November inflation fell to the lowest rate since July 2000, signalling a strengthening rupiah may be curbing growth in South-east Asia's biggestBloomberg; AFP - 569 words
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272 2003-12-02 15 HONG KONG Bloomberg HONG Kong property sales, mainly of apartments, more than doubled in November as the real estate market shows further signs of recovery from a six-year slump, according to the city's two biggest realtors. Sales, including apartments, factories and office buildings, surgedBloomberg - 272 words
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NOTE Book
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104 2003-12-02 15 Bloomberg [JAKARTA] Indonesia may seek 28.2 trillion rupiah (555.7 billion) in meetings next week with the World Bank and other international lenders, to meet its funding needs after it exits an International Monetary Fund programme. "The benchmark is the figure outlined in the state budget"Bloomberg - 104 words
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81 2003-12-02 15 AFP [JAKARTA] An Indonesian government plan to make most tourists buy visas, which was due to come into force yesterday, has been delayed again amid strong opposition from tourist industry representatives. The immigration department said it was now hoped to start the new schemeAFP - 81 words
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Article103 2003-12-02 15 Reuters [HANOI] Vietnam has eased listing rules on its stock market, officials said yesterday, halving capital requirement to five billion dong (*****,334) and allowing foreign securities firms to set up joint operations with local firms. They said Prime Minister Phan Van Khai approved a new securityReuters - 103 words
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Article58 2003-12-02 15 AP [JAKARTA] An Indonesian appeals court has cleared militant leader Abu Bakar Bashir of treason and reduced his sentence from four years to three, court officials said yesterday. The court upheld Bashir's conviction on lesser charges of forging identity documents. Bashir is the alleged spiritualAP - 58 words
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455 2003-12-02 15 BEIJING Beijing proposes move to help fond rural postal service Reuters CHINA may slap a new tax on express delivery companies to help fund a rural postal service, an industry group said yesterday in the latest hurdle to foreign players in the fast-growingReuters - 455 words
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338 2003-12-02 16 BEIJING Massive govt holdings of shares a threat to market, says state paper AFP THE Chinese government must tackle the issue of its massive holdings of nontraded shares in listed companies in order to haul the mainland stock markets out of theirAFP - 338 words
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Article659 2003-12-02 16 HONG KONG China Life, Great Wall Automobile among coming IPOs Reuters AFTER a dismal start to 2003, new Hong Kong equity issues are set to nearly match last year's volume thanks to a spate of year-end deals from China that have bankers working atReuters - 659 words
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Article, Illustration228 2003-12-02 16 AFP [BEIJING] China, which is on track to become the world's second largest oil importer, plans to set up a 90-day strategic oil reserve to protect itself from global supply shocks, state media said yesterday. The government has already picked four locations along theAFP; REUTERS - 228 words
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259 2003-12-02 16 SHANGHAI AP CAN'T wait for your monthly copy of Shanghai Accounting? Prepare to be disappointed. Same goes for readers of Fire Shanghai, the city fire department's official magazine. Both are among 14 city-financed publications marked for closure as part of a national campaign againstAP - 259 words
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Page 13 Advertisements
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Advertisement218 2003-12-02 13 x li. ■■■i Ni i a VM 1011 JgOM J A. 1 A A r a a. a B 1 B 1 I ■BiF ft r\ MX lA* jH 15 r\\\u u 1 > o""\W£ I mmhHHP u t>\\ JB f Bfeffeptf^^ ftiTfrrrifi TiTiTff v JaH i ameriSnl 1 I218 words
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EDITORIAL & opinion
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Article, Illustration763 2003-12-02 14 david mason - THE bottom line OPINION david mason A NUMBER of unconnected business stories caught my eye in recent days. More than 40 traders in foreign exchange in New York were arrested for skimming profits for themselves off the top of trades. And Hollinger, a763 words
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Article83 2003-12-02 14 'They've become the manufacturing centre of the world. It's amazing. And I'm not sure if the United States and other countries will not end up regretting it' -Daniel L Vasella chairman and chief executive of Novartis, the pharmaceuticals giant, on China's economic growth. 'There aren't any heroes83 words
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614 2003-12-02 14 EDITORIAL IN THE way it responded to the acrimonious relations between Singapore Airlines and the pilots union, the government has delivered an unequivocal message that it will not allow anything to erode the tripartite relationship that has been a pillar of economic strength for614 words
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Article, Illustration986 2003-12-02 14 Robert Soden - Internationally recognised management systems can provide a framework for this approach which will safeguard companies' interests By Robert Soden THE aftershock tremors of huge corporate scandals from 2002 continue to reverberate globally. Yet, far from being isolated incidents, it seems more and more sham corporateREUTERS - 986 words
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216 2003-12-02 14 Angelina Fernandez - MAIL bag Angelina Fernandez Director, Communications Monetary Authority of Singapore IN his Nov 27 Hock Lock Siew column. "IPOs must clearly say where the money will go", R Sivanithy suggests that a breakdown on the use of IPO money should be216 words
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Article125 2003-12-02 14 Ariel Vera - Ariel Vera Director Banyan Tree Holdings Pte Ltd THERE have recently been a number of news articles about the impending initial public offering (IPO) of Banyan Tree Holdings. Unfortunately, some of the comments in these articles, which your readers may think originated from us, are125 words
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390 2003-12-02 14 Dr Kennedy Chew - Dr Kennedy Chew Deputy Chairman Innovation and Alliances Stratech Systems Limited I REFER to the article headlined "US arrests 125 people over USsloom Internet fraud" (BT, Nov 26). Stratech Systems Limited wishes to clarify certain facts relating to the Internet-en-abled escrow payment390 words
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Page 15 Advertisements
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Advertisement235 2003-12-02 15 Good Times Fly Save up to on ANA Economy Class when you fly ANA Asi i Trta ngle ItMite »i STOPOVER SINGAPORE Class Economy Class 'IS #vf i wm Wm "W' afl| «4|i -.M) m inimil m% iijPbpf Enjoy a tale of two cities with ANA's Asia Triangle Route-'Yorimichi'. I235 words
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Page 16 Advertisements
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Advertisement305 2003-12-02 16 Harrods Christmas 2003 GOOD TIDINGS FROM HARRODS ft At Harrods, a hamper turns any occasion into a celebration, and at Christmas it can bring untold magic to your festive table. Our wide range of hampers and gift boxes all share one thing in common: the sumptuous selection of mouth-watering delights305 words
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Advertisement133 2003-12-02 16 JBWMS*' M/J Fresh Salmon, tantalising MF'* Tuna, succulent Prawns and more Now you can 9lafenfl| savour the ocean's best catch with our irresistible Sushi and Sashimi specialities iSL available on the ■P buffet are lip-smacking Tempura and Teppanyaki delights plus a other to satisfy your craving for exquisite Japanese delicacies.133 words
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Advertisement21 2003-12-02 16 fnudf to muilhwateiuHf dian li* Pi fuek fim «t\ ifimaJ M mmul. Weekdays: 12pm 2pm Weekends A Public Holidays: 12pm spm21 words
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Advertisement64 2003-12-02 16 MIKCHI taste of india North Indian cuisine d> The Esplanade Lunch Peal 12noon 2.45pm SSls.9o+++ SSl7.9o+++ Pinner 6pm 11pm A Special Express Theater Menu available (6pm Bpm) For reservation please call us at: Tel: (65) 6334 5590 Fax: (65) 6334 5591 8 Raffles Avenue #02-23 Esplanade Mall Singapore *****2 Enjoy64 words
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Advertisement74 2003-12-02 16 ~1 THE NEPTUNE T COIIVI I Q. U A V fIL 4 T BjiA, 15% SAVINGS ON LUNCH* Now till 31 December 2003 Enjoy dainty Dim Sum and excellent Cantonese delicacies at a great value, for a limited time only! Reservations: 6224 3203 'Offer is valid from Morula) to Saturday74 words
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REGION world
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Article, Illustration495 2003-12-02 17 TOKYO Nationalisation of Ashikaga seen as a step towards fixing debt-laden system Reuters, AP. Bloomberg JAPAN'S Nikkei stock average rallied 3 per cent to close at a three-week high yesterday as investors looked to potential positive effects of the nationalisation of a regionalReuters,; AP.; Bloomberg; Source: Bloomberg, Reuters; AP PHOTO - 495 words
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315 2003-12-02 17 SEOUL They sold bonds cheap to chairman's son: prosecutors AP Bloomberg TWO executives at Samsung were yesterday indicted on misappropriations charges, while prosecutors investigated how the country's largest conglomerate used shady dealings to ensure the transfer of wealth and corporate control from father toAP; Bloomberg - 315 words
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130 2003-12-02 17 TAIPEI AFP TAIWAN is set to allow tourists and businessmen to bring China's currency, the yuan, to the island due to increasing traffic between the two sides, a finance ministry official said yesterday. "We hope to make it more convenient and less costly forAFP - 130 words
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Article45 2003-12-02 17 UNIT TRUSTS FUNDS LEGCNO AJt prices ara indacatrva axcapt for *;#En* -oc t Assats. Broatfty Ovarvftad I Narrowly focuiad; lowar Rnk. A Low to Madwm Rok. ft Madum to subdivision o< units. S> attar stock sotat N Jk- Non Daatnq Day; M floor *iceSSO 91S45 words
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Page 17 Advertisements
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Advertisement419 2003-12-02 17 I Designing and Implementing Compliance Strategies to Inoculate Your Organisation Against Fraud and Corruption February 10, 2004 SIM Members: *****.00 (*****.50) Non-members: *****.00 (*****.50) *****.00 (*****.60) for registration and payment received before December 30, 2003 (Inclusive of 4% GST for 2003 and 5% GST for 2004). 39 per cent of419 words
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Article, Illustration1090 2003-12-02 18 Transaction date: Dec 1 Source: OCBC DTERBANE CROSS RATES AS CS Hint Euro HK$ Ind Us Buptali Von Wow »M 112$ Pat »s Paso 5$ Hand Sir HT$ Mlt Pound US$ Australia 0.944 6.031 0.606 5.640 ***** 61.792 0.794 1716 2.762 1.132 41.628 40.349 1.252 4.649 0.940 24.829 29.015Source: OCBC - 1,090 words
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WORLD news
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373 2003-12-02 18 LONDON It'll reorganise sales and software development teams IBM is preparing a shake-up of its US$l3.l billion software business in a bid to boost sales within a maturing software market and position itself for an expected upturn in corporate technology markets,373 words
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Article198 2003-12-02 18 Move follows probe revealing unethical behaviour of execs Bloomberg SKANDIA AB's chairman Bengt Braun resigned after an independent probe found that former company executives may have acted "criminally," in part to boost bonus compensation, the biggest Nordic insurer said yesterday. Bjoern Bjoernsson will take over asBloomberg - 198 words
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272 2003-12-02 18 WASHINGTON NYT PRESIDENT George W Bush is expected to announce within two days that he will immediately lift most of the tariffs he placed on foreign steel in an effort to protect American industry, bowing to a ruling by the WorldNYT - 272 words
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476 2003-12-02 19 LATEST US DATA Oct construction spending up 0.9% to record US$922b annual rate Bloomberg. Reuters, AFP AP [WASHINGTON] A closelywatched gauge of US manufacturing in November soared to the highest level in 20 years, as factories hired workers to belt out goodsBloomberg.; Reuters,; AFP; AP - 476 words
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WORLD Watch
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Article86 2003-12-02 19 Reuters [CHICAGO] Boeing Co chairman and CEO Phil Condit unexpectedly resigned yesterday, and the company said Harry Stonecipher, who retired last year, will come back to run the massive aerospace company. The company said its board of directors had deliberated thoroughly and decided that "a newReuters - 86 words
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103 2003-12-02 19 Reuters [NEW YORK] The CEO of Gannett Co said he is interested in acquiring other big newspapers, including the Financial Times and Dow Jones, publisher of the Wall Street Journal. "If the Pearson group wanted to sell the Financial Times, I'd look at it veryReuters - 103 words
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Article68 2003-12-02 19 Bloomberg [NEW YORK] Global semiconductor sales rose 23 per cent in October from the year-earlier month on higher demand for chips used in computers and communication gear, industry group Semiconductor Industry Association (SIA) said. Chip sales rose to US$l5.4 billion in October, aBloomberg - 68 words
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90 2003-12-02 19 Bloomberg [BRUSSELS] Europe's manufacturing industry, equivalent to about a fifth of the region's economy, expanded in November at the fastest pace since February 2001 as accelerating global growth increased demand for factory goods. An index based on a survey 0f3,000 companies compiled for Reuters Group picBloomberg - 90 words
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Article113 2003-12-02 19 Reuters iruKiuj Manufacturing activity m Japan expanded in November at its fastest pace in at least 26 months as factories continued to crank up production to cope with bulging order books, a Reuters survey showed yesterday. The headline index in the Reuters/Nomura/JMMA Purchasing Managers survey roseReuters - 113 words
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380 2003-12-02 19 LONDON Reuters US SPORTS baron Malcolm Glazer emerged yesterday as the buyer of a major stake in Britain's richest soccer club, Manchester United Pic a deal that has stoked rumours he is intent on taking over the team. ButReuters - 380 words
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Article, Illustration527 2003-12-02 19 Eisner man who weathers many storms LOS ANGELES His latest skirmish leaves him victorious again LAT-WP, Bloomberg MICHAEL Eisner is a survivor. Sunday's surprise resignation of Roy E Disney from the Walt Disney Co board of directors is the latest storm in Mr Eisner's 19year reign as the company's chairmanLAT-WP,; Bloomberg - 527 words
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396 2003-12-02 20 NEW YORK Reuters ACCOUNTING firms may have weathered a storm of criticism on Capitol Hill for promoting dubious tax shelters, but the pressure on them could be just starting to intensify. In the past year, several former clients have suedReuters - 396 words
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Article1591 2003-12-02 18 SICOM FUTURES Dec RUBBER Futures (Closing prices) RSSI(ScMtsAo) Close Volume Open Month High Low Sett (tonnes) Interest Jan 04 205.75 Feb 04 205.75 Mar 04 206.00 Apr/Jun 04 210.00 RSS 3 (US cmtsAq) Volume Open Month High Low Sett (towns) Interest Jan 04 118.00 118.00 118.00 25 2525 Feb1,591 words
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Page 19 Advertisements
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Advertisement123 2003-12-02 19 Recommended Elite Term 5 years WLNP A Age Cover lAnruincome.g Sum Assured Premium* 15 times 750,000 788 6.833 12 times 1,000,000 1,590 14,960 10 times 1,000.000 46-55 8 times 1,000,000 5,160 4 times 1,000,000 To know more about the fairest risk protection plan SMS AXA.ELITE3. your email address to *****001123 words
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Page 19 Miscellaneous
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Miscellaneous171 2003-12-02 19 CRYPTIC CROSSWORD 4 Watch while he gives an en--10 Old fighter makes roast on 12 Execution demanding speed ~^"^l~~ 24 He takes cattle right into Channel port (6) houses (7) YESTERDAY'S SOLUTION 26 sssssrjsia 7 ass ,ound r™ n p r- 8 w 9 lor tandng strip ,6) 12 addrcss171 words
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Article74 2003-12-02 20 H J* L* JM Day Lact Quote GrM« Dry GrVM MM MQ» t*g» Uw a* Company W- J»C m» low liiyr S«*« Cw XI t3 8710 2000 6065 Diamonds US2060 6095 IS DJ US Tech US3740 If 6097 SMSCISpore USSS5 *5 610) ISS&PS00 US8270 it 9650 9650 617074 words
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Article1893 2003-12-02 20 5* V Dty HAM Grow 0* firVU MM MCm* W|» L—i Cade ri«pi«j Sate w- f888> W0I L—r —y Sdhr Cw Hf *3 P 26 75 5000 ABRHIdgsSt 19.5<5 SO 20 19.5 19 205 42 129 2101 APOISc 31 5 *2.5 1437 31.5 29 5 31 315 211,893 words
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Article351 2003-12-02 20 U-Wk T* Last Vol Day LMQuoU GrfNv Wv GrVU MM MCap Low Cad* CMnpu *4- C98») law tuim Sefcr Cw m SnJl 193 91 6000 AV Jennings A25c A178cd -5 20 181 177 177 183 40 88 5.6 68 3831 6001 Cathay P* 20c MK720 265 2.1 7.4351 words
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Page 20 Advertisements
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Advertisement111 2003-12-02 20 BlancpaiN I MANUFACTURE DE HAUTE HORLOGERIE f '^UstA—Q "tA~e JBJk Ml Cortinawatch I Z 7 k jr« zl^—vL-i Tf* world s thinnest I /■S x v*' 11 Raffles City #01-36 Tel: 6339 9185 V Fr-o. Fori Coppota and only self-winding TourbUlon I Millenia Walk #01 -62/65 A Tel: 6339 1728111 words
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CIA & ENVIRONMEXASIA 2003
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Article, Illustration621 2003-12-02 21 CHEN HUIFEN - Singapore plays host to two major trade shows this week, CHEN HUIFEN takes a closer look at what's on offer CHEN HUIFEN MORE than 2,000 representatives from more than 700 foreign organisations are expected to showcase their wares and technologies this week at two major trade shows: EnvironmexAsia2oo3FILE PHOTO - 621 words
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Article, Illustration1051 2003-12-02 22 SHRUTI GUPTA - The region is pinning its hopes on a boominq Chinese market though the fragility of Japan continues to threaten it. SHRUTI GUPTA also looks at how Singapore is faring SHRUTI GUPTA THE Asian chemical industry is staging a tentative recovery from the economic troughs thatFUE PHOTO - 1,051 words
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Article644 2003-12-02 22 GEORGES GROSLIERE - By GEORGES GROSLIERE THE chemical industry creates products and services that make life better for people around the world both today and tomorrow. Many of the products we use every day, from bicycle safety helmets to food packaging, have been improved through the efforts of644 words
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Article, Illustration936 2003-12-02 22 RON TAN - By RON TAN THE year 2002 was the second hottest since record keeping began in the 1880s, with the global average temperature climbing to 14.52 degrees Celsius. The nine warmest years on record have occurred since 1990, and scientists expect that the temperature recordREUTERS - 936 words
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Page 21 Advertisements
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Advertisement135 2003-12-02 21 Hr >-v f T a—' -I ,Z W&'~* mm i v ¥t*~ -H 4BB v v k v A .7y. v *V'\4&*£ A >■• «L—* V* #*A» 'j jv "^ii®. v< -V *> r-^^^Wr- 2? -*?&W i A Gateway to Italian State-GMhe~Art Technology; I ALLESTIMENTI POMPE MORO S.p.A. BOLDROCCHI s.r.l.135 words
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Page 22 Advertisements
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Advertisement30 2003-12-02 22 For more information about SCJCs Responsible Care programme, please contact Dennis Toh Hoon Yong at 6826 3036 or dwmistoh9smaf9d9ration.org.sg. For information about ChemGallery, please contact 6262 5070 or visit www.jurongisland.com.sg.30 words
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Page 23 Advertisements
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Advertisement362 2003-12-02 23 I l/vo ChemAsia2oo3 I 9 W■ W H M\ The 13th International Chemical Process H A M I I H I \B/ I Engineering and Contracting Exhibition 9 I D®i| InstrumentAsia2<)<)3 I 9 IVH/1 The 11th International Instrumentation, Control, 9 9 Measurement Testing Exhibition and Conference 9 I l/AM flnaLabflsia2oo3362 words
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Page 24 Advertisements
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Advertisement335 2003-12-02 24 f.l| CVsl ChemAsia2oo3 ilill ENVIRONMEXASIA2OO3 V A M 111 g\ The 13th International Chemical Process The 7th International Environmental Management Technology, W 111 Engineering and Contracting Exhibition Equipment Control Systems Exhibition Conference k I W w*l IA I instrument Asia 2(101 WATERMEXASIA2OO3 K#V) r 7th |nternationa Water Management Technology, Equipment335 words
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Article716 2003-12-02 25 Transaction date: Dec 1 tXi Oam m Omm Omm l*»»i Ifc 0M 10K CMi NMMtt OP MM «C01C CMC 077 HOO 4JH OCX Ui 7JW .«W t u 1 mo out >« OMSHCMik IM IBt 4M 4MB -COM Ot/ Cm* IDt in t«D *0 050 M*>'ita:dMUh»S ID* «>0B Cai>*untMcr>«e716 words
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Article597 2003-12-02 25 BONDS WARRANTS Tel Last Vai Cm* Uar Dae Gmt Mn Ca4» -|i Mi —r- CI* Wa Uft 3698 AST1W*****1 r 28 15 208 1 16 -1 1.59 6 3897 Acma Ltd W*****6 1 1 50 437 9.50 11 MS Amtek W*****0 121 2 22 1 33 -1 1.29 IS 3603597 words
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Page 25 Advertisements
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Advertisement19 2003-12-02 25 master of cooking. Or one who just knows his carats. Get the expert.' w v jM Call 1800 *****2219 words
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GLOBAL BRAND FORUM
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Article, Illustration632 2003-12-02 26 DANIEL BUENAS - Great brands are protagonists for something much more powerful and timeless than they can ever be, an advertising guru tells DANIEL BUENAS DANIEL BUENAS A COMMERCIAL by American sports apparel giant Nike in the early nineties featured a remote African tribe trekking in NikeFILE PHOTO - 632 words
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Article, Illustration389 2003-12-02 26 Daniel Buenas - By Daniel Buenas CONSUMERS are revolting against global brands, and many corporations are working on false assumptions that lie behind the notion of corporate marketing, said Anita Roddick founder of The Body Shop yesterday. Speaking to a crowd of around 400 businessmen and executives onMALCOLM MCLEOD/ST - 389 words
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Page 26 Advertisements
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Advertisement221 2003-12-02 26 37a}/e p uotw r Ju'rt ret// trends Jfa/mn ce/laM in <£-/>&/ eotto^i M J&jr Small details can make a difference to your shirt and your image. In line with the trend towards ■iKMHHPW I i larger collars, CYC has created our own version of the Italian collar. Despite the higher221 words
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SHIPPING TIMES
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Article257 2003-12-02 27 Reuters THE Baltic Dry Index rose 39 points to 4417, the Baltic Capesize Index rose 4 points to 6249, the Baltic Panamax Index rose 81 points to 4433 and the Baltic Handymax Index rose 262 points to *****. TIME-CHARTER: Marvellous (built 2000) *****0 dwt delivery Far East endReuters - 257 words
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Article291 2003-12-02 27 SGX '000 Dacl SS W Vot CH Offshore .037 unch 1947 ChuanHup 0.47 -0.01 1336 Cosco Investment 0.61 0.02 ***** CWT Distribution 0.56 0.01 26 Ezra Hldgs 0.96 0.01 549 Freight Links .010 -0.01 578 G8 Holdings 0.69 0.03 5 Java Holdings 0 82 0.01 2593 K1 Venture291 words
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Article, Illustration682 2003-12-02 27 Donald Urquhart - Only way for piracy to be curtailed: senior tanker industry executive By Donald Urquhart AFP [SINGAPORE] Security in the Straits of Malacca and Singapore now among the most dangerous waterways in the world needs to be "internationalised" under a United Nations (UN) umbrella, ifAFP - 682 words
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PORT Shots
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Article87 2003-12-02 27 AFP [SEOUL] South Korea's Daewoo Shipbuilding and Marine Engineering Co said yesterday it had secured orders for seven vessels worth US$5B6 million. The orders are for one liquefied natural gas carrier worth US$l5l million for Sea Trade International Inc of Greece, and six other ships fourAFP - 87 words
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109 2003-12-02 27 [SINGAPORE] Evergreen's UK-flagged container shipping subsidiary Hatsu Marine will enter the Europe-China market in January, with the launch of a weekly service that kicks off a series of new offerings being rolled out in the next two years. The North Europe-China service will use slots109 words
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Article, Illustration417 2003-12-02 27 Govt does not want a repeat of Cormo Express incident in which 5,000 sheep died at sea Reuters [CANBERRA] Australia will not export 70,000 sheep fed illegal pork by animal activists unless they clear veterinary checks and Kuwait provides a written assurance itReuters; AFP - 417 words
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Article83 2003-12-02 27 Bloomberg [TOKYO] Mitsui OSK Lines (MOL), Japan's second-largest shipping company, said it will order 30 bulk carriers to be built between 2004 and the first half of 2007, as demand for raw materials for steel production rises in Asia. The ships are worth a totalBloomberg - 83 words
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MARITIME distress
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Article, Illustration999 2003-12-02 28 A Norwegian team coordinates rescue efforts, however distant through modern communications AP [SOLA, Norway] THE infamous cruise ship Achille Lauro catches fire off Africa. In the Arctic, a Russian airliner slams into a mountain. Off Brazil, an oil tanker rescues the crew of aAP; AFP - 999 words
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SHIPS IN PORT
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Article530 2003-12-02 33 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER228 E3276 J3 A/SIDE 02/12 0200 CEC CENTURY 9507 J4/5 A/SIDE 02/12 0100 MAREGALLICU 102E J18/19 A/SIDE 02/12 0200 BATAMMURNI JBN03 J3 02/12 1000 02/12 2000 BAYSWATER118 E3277 J3 02/12 1830 03/12 0100 BHS 188 TP1557 J13 02/12 1300530 words
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Article158 2003-12-02 33 DecS Thailand: King's Birthday. Dec 10 Thailand: Constitution Day. Dec 23 Japan: Emperor's Birthday. Dec 25 Singapore: Christmas Day. Philippines: Christmas Day. Malaysia: Christmas Day. Korea: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Brazil: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. France: Christmas Day. Germany: Christmas158 words
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Article803 2003-12-02 33 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average stem Market movements are indicated. The Cockett Bunker Price Index change and the individual803 words
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Article74 2003-12-02 33 mr-wMMHi TMt rapwt k Ml MM«tM «U*VM« by ONV Mratwai Sw ylcM MM kan aMrwt fr«B tft*r IIMK hw* awatY «ttt«ttc» fcft H mttft t» »artl[»«lHa IMa I WrfcunMf—ftilwwmfnriiM«<>»Hinn>himrnt»wtf >r»»ftY Ci>i>»rtinlw» >—w »m «H ttw mfrommm «mwcti»n Uwwt* »«Man— ay ci—» nmranmm oas MacMna* A CwMmtMa74 words
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AIR & LAND transport
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Article, Illustration552 2003-12-02 34 Total of A$100m invested in start-up capital; US$1.1b on Airbus aircraft AFP [SYDNEY] Australian flag carrier Qantas announced yesterday its new budget airline, named Jetstar, will take off in May in a challenge to upstart airline Virgin Blue, which has grabbed 28AFP - 552 words
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283 2003-12-02 34 Reuters [SYDNEY] Australia's flagship carrier, Qantas Airways, and national mail service Australia Post are forming a joint bid for privately owned freight delivery company Star Track Express, they said yesterday. "Certainly we continue to pursue it," Australia Post spokesman Matt Pollard said, referring toReuters - 283 words
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208 2003-12-02 34 AP [YANGON, Myanmar] Myanmar's national airline will start twice-weekly flights to Hong Kong next month and plans to open a route to New Delhi early next year, a semiofficial newspaper reported. Myanmar Airways International will fly to Hong Kong on Mondays andAP - 208 words
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337 2003-12-02 34 American Airlines may hike capacity by 7% next year AP [FORT WORTH] After two dismal years, the nation's six largest carriers are expected to increase seating capacity by as much as 4 per cent next year, analysts said. Fort Worth-based AmericanAP - 337 words
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LOG Book
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68 2003-12-02 34 Xinhua [NANCHANG] China is enlarging a former airport in Jinggangshan, east China, to meet tourism boom. Jinggangshan is located at Jiangxi province. The construction was expected to be completed before the end of this year and flights will be made available next year, when it willXinhua - 68 words
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Article87 2003-12-02 34 AFP [LAGOS, Nigeria] A Belgian cargo plane has crash landed at Nigeria's main international airport in Lagos, but no lives were lost, officials said. The Boeing 747 aircraft belonging to Belgium-based Hydro Air Cargo was making a stopover in Lagos on Saturday while enAFP - 87 words
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Article58 2003-12-02 34 AFP [ATHENS] The Greek national carrier uiympic Airways cancelled 26 flights on Sunday, seven of them international, after talks broke down with striking cabin staff, the company said. The strike, now in its third day, has been declared "illegal and abusive" by a Greek court andAFP - 58 words
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Article48 2003-12-02 34 AFP [BOGOTA] Three days of non-stop talks between pilots and management at Colombia's strike-hit airline Avianca broke down on Sunday without an agreement being struck between the two sides. Avianca teamed up with Sam airlines in 2002 to form the Summa Alliance. AFPAFP - 48 words
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253 2003-12-02 34 AFP (SYDNEY] The Australian government said yesterday there had been five "incidents" as a result of a new and contentious air traffic control system launched last week, disputing industry claims of 20 safety breaches. Transport Minister John Anderson accused unions of instigatingAFP - 253 words
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Article, Illustration248 2003-12-02 34 [SINGAPORE] Singapore Aero Engine Services Pte Ltd (SAESL) completed the overhaul of its 100 th RollsRoyce Trent engine yesterday two years to the day it opened its doors at Changi. And the rapidly-growing business says it needs to employ and train an extra248 words
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Article411 2003-12-02 34 AIRLINE COOfS AA Amencan Artnes lAN.)Af to France (MR) AIM Inde (AJC). AY ftmar Oy <M). Al AMaka Artnes (AZA) BA Bnbsh Arways PMc Ltd Cc fBAWI BG B*n*< ajngMesr Artnes (BBCI Royal Brunei Artnes Sdn Bhd iRBAj BO Bourag Artnes (BOU) BR EVA Arways Corpn411 words
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Page 27 Advertisements
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Advertisement29 2003-12-02 27 Qantas unveils budget m airline 0V ...jir*. 1 a BACK PAGE l ii Major US airlines expect robust growth back page Small rescue outpost with worldwide reach page 229 words
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Page 28 Advertisements
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Advertisement689 2003-12-02 28 1~ IMPORT NORTH AMERICA Ml AUSTRALIA/NEW ZEALAND SUPER SHUTTLE EXPRESS (SSX) AUSTRALIA ASIA EXPRESS (AAX) VESSEL VOT Id SIN PKG I—|— i| VESSEL VOY INE SYD MEL ADL Fit SIN KG PtO NEDUOYD SOUTHAMPTON 37W4S 12/11 30/11 02/12 ooa CHINA 66W44 19/11 07/12 09/12 MY ,7 15/11 PtO NEDUOYD STUYVESANT689 words
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Advertisement490 2003-12-02 28 lines services reprwanted by u < Sngoport Shipping Aaocirfon AMPCKfton ULY UNE MALE nrtSStl VOY HA ETA ETA A f. KLAHG SPOKE MALI Moid Carrier 743 A 09/12 07/12 16/12 PrinceM Lily 1103 12/12 U/12 23/12 Mold Star 544 A 18/12 20/12 29/12 vIM I J ULY MARINE SERVICES PTE490 words
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Advertisement1122 2003-12-02 29 TO USA (SAX SERVICE) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI COi MEW ATI NYC API CANADA 118E 10/12 25/12 29/12 29/12 29/12 29/12 29/12 29/12 01/01 01/01 "1 API SCOTIAND 122E 17/12 01/01 05/01 06/01 06/01 06/01 13/01 13/01 16/01 16/01 API lELGIUM 120E 24/12 OS/01 12/011,122 words
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Advertisement1011 2003-12-02 29 GENERAL AGENTS IN SOJGAPORE: BO ROBINSON RD #12-00 SALES BKGS TEL 64XS8S7/43 FAX: $*****21/24 COSTAR SHIPPING PTE LTD SINGAPORE *****8 OUTWARD®!) *****902 *****325/75 CRNO V*****0000M TEL *****900 (MAIN) INWARD(tVO) 6420 5786 *****319/49 T/SHIPDEP *****825 *****316/46 JOHOR* OFFICE: CONVENTIONAL *****850 *****208 COSTAfi AGENCIES SDN BHD TEL' 07-353 8166 FAX: 07-353 81701,011 words
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Advertisement452 2003-12-02 29 VESSEL TOY SlT|^n^^ HOUIIS OI3N I 02/12 1 03/12 "Wl? 09/12 *****" 13/12 POTH BRIDGE 042 A ~Q4/12 1 06/12 PACAQUILA 313W I 9/12 110/12" 13/12 1 6/12 20/12 20/12 NEW DTMAMIC 049 A 11/12 I 13/12 1 SATURN 1324W I 17/*****/12 120/12 I 24/12 [28/12 M/ 12] PEITHgIIDGE 043452 words
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Advertisement547 2003-12-02 30 □!>V Imi A O ENQUimeS/SOOKINOS: *****344 MX: *****433 E-MAIL: d«lm—•d4liw.com. Up UCLIVIMO DOCUMENTATIONS/OPERATIONS: *****637 MX: *****177 BMWMIM Hill CONTMNB SBVKf TO WST ARKA vh MOPf Vtssa l VQT SW6*fO« I POT CUWC Ili HAYtt I MM lAMJUI COWAMT HwdßtwMmi 305W 01/ l? Of/1? Ml 9VQI M/ 0' I W/0' 3470547 words
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Advertisement661 2003-12-02 30 i m WX WAN HAI LINES V Tel: 6226 1588 Fax: 6224 1163 i INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: NHAVA SHEVA CALLING SIN EVERY WEDNESDAY PUSAN SHANGHAI CALLING SIN EVERY FRIDAY For more details, call HOTLINE: 6226 1588 1800-*****00 .—J NOmtANS SHIPPING AGENCIES A/ fj I m LX 29661 words
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Advertisement505 2003-12-02 30 BSfl i MYANMA BH FIVE STAR LINE (Myotmor Notio.ol Um) Loodlnf for Ym|m VISSCi VOY SIN PEL PEN PGU PAGAN 32)W SID HPA-AN 315W IN n IN MAUTSIA: OOUSTUO SHIPPING AGCNCIES KUL 03-*****300 PKL 03-*****101 PtN: 04-*****02 ACCEPTING CONVENTIONAL C6O VISSB. VOY HKG SIN PGU PU KIK VIEW DONG I505 words
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Advertisement1326 2003-12-02 31 VtSSII VOY KHH HKO SIN PKI DXB I »A» I PMM UK IRAN KfRMAN PC1340 SKIP SKIP 09/12 SKIP 17/15 1»/H 24/12 26/12 IRAN lORISTAN PCUOI4 SKIP SKIP 16/12 15/12 25/12 26/12 02/01 04/01 IRAN SATTARI PCUOIS SKIP SKIP lt/12 17/12 27/12 2i/12 04/01 06/01 CAPfFRIO PC ***** SKIP SKIP1,326 words
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Advertisement673 2003-12-02 31 i k UK CONTINENT SERVICE Loading tar GOKCAN RTM/ATW/BMN/UK/NAN KALMA RTM/ATW/BMN/UK/NAN Loads Singapore, E7W Mateyaa. Indonaata MIDDLE-EAST SERVICE Loading tor J FRIEND DBI/ABU/DOH/BRN/DMM/KWT RAVENA DBI/ABU/OO H/BRN/DMM/KWT *Loads Singapore, E/W. Malaysia Indonesia USA SERVICE Loadng for SEABEE CAM/N F K/SAV /NOL AVENTICUM CAM/N F K/SAV /NOL 'Loads E7W Malaysia. Indonesia F.E./S.E.A.673 words
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Advertisement793 2003-12-02 31 JOttfi ssi an Efiy _ffisa m mihm ia?2a mi azu_ ciaa 04/12 o*/n ntu** 10tM MO2 OS/12 ilbllin 7 JUI Mil MZI2 HC lAMPA 1094* o*/12 07/12 MUM CIA3Q 11/U 11/H paciahda Ifisa sazu 0«/12 AUWJ3T*? 3374 14/H I 16/1? JIUAHCA iwtw 21Z12 09/n PA( lAHDA 1097 M 10/12 11/12793 words
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Advertisement40 2003-12-02 32 >. < Here Comes A New Service to South Pacific Islands.-..^ SUVA, LAUTOKE I Check it out on Page 3,-Shipping times > A New Weekly Express Service to NHAVA SHEVA, India has just been inaugurated. /1 Turn to Page 4 for more details.40 words
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Page 33 Miscellaneous
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Miscellaneous123 2003-12-02 33 S REGIONAL WEATHER I FOR 7AM 2 Dec 2003 V V f Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circ,e w/o ,ine indicates calm or light and vanable winds Rain one bait fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x123 words
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