The Business Times, 8 December 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 MITA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial .com.sg MONDAY, DECEMBER 8, 2003
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  • 632 1  -  BT exclusive Pay-performance link has fattened their pay packages in past two years By Chuang Peck Ming [SINGAPORE] Top executives in Singapore must be thankful for wage reform. Tighter linkage of pay to performance has fattened their annual pay package in the past
    Source: Tower Persins  -  632 words
  • 58 1 Week Change ST1 1733.00 19.00 KLSP;C0MP 786.98 +7.7U NIKKEI 225 MM »272.89 HAM". SENG ......*****.73. _-2.74 Mill IHW1 «ML_iUI JAKARTA OOHPJMM MANILA COMP I:i4-V:t7 +3150 TAIPEIWPI 5900.05 128.28 SEOILCOMP 789.41 -6.77 SHENZHEN B 273.02 +664 AI STALLORD .3232.10 +364(1 DOW JONES 9862.68 +841.22 NASDAQ 1937.82 2244 S&P500 1061.50 +3.30
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  • 77 1 FOREX RATES US$ S$ ISS (SSpeiTSS) 1.719 S(ISS/S$ p*T S) 1722 2%<l KIR()(1'SS/SS/E). 1.209 2.077 YEN 10X3 CUM KM i8W 2211 HKS 7.7«6 4518 BAHT 39.90 2:121 RI'PIAH *501 4.94H RENMINBI H.299 4.X2* INDIAN RE PEE 45.61 26.53 AS I 362 0.792 NZS 1.551 0902 PRIME RATES SINGAPORE* 515
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  • 898 1  -  By Larry Wee [SINGAPORE] Week in, week out, we have been presented with evidence that the US economy is getting stronger and stronger, yet the country's currency continues to slide to new multi-year lows. So why the conundrum? The answer is important
    Source: Reuters  -  898 words
  • 122 1 SIX pairs offeet, but only one thing on the minds of this enthusiastic half-dozen: run. But these are no ordinary runners as they psyched themselves up for the Standard Chartered Singapore Marathon yesterday morning. They are (from left) Robert Andersson, senior vice-president of Nokia Mobile Asia-Pacific;
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  • 1070 1  -  44 placed out new shares, against 7 cash calls this year By Joyce Koh [SINGAPORE] A new trend in fund raising looks to be developing among listed Singapore companies. Many are now choosing the faster and more convenient route of placements rather than
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  • Page 1 Advertisements
    • 2 1 8 EM
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    • 20 1 RED HOT COAL STOCK ON INDON BOURSE Corporate Analysis Pg2 Covered warrants WIN WIN CAN WORK Hock Lock Slow Pg3
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  • NEXT page
    • 995 2  -  CORPORATE ANALYSIS With two major acquisitions, Bakrie group's Bumi Resources has become the 17th largest on the Jakarta exchange From Shoeb Kagda in Jakarta A LITTLE over a year ago, few investors had heard of Indonesia's Bumi Resources. Although listed on the
      Source: Bloomberg  -  995 words
    • 629 2  -  Blueprint for closer partnership to be tabled at summit By Chuang Peck Ming [SINGAPORE] The host of this week's Asean-Japan summit is eager to make a historic event of the twoday meeting beginning on Thursday. Japanese Prime Minister Junichiro Koizumi is
      AFP  -  629 words
    • 404 2  -  Any policy change for private homes needs to consider HDB housing By Andrea Tan [SINGAPORE] It's a complex issue that requires time and care in its handling, say property consultants of the rule that disallows the use of Central Provident Fund savings for
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  • Page 2 Advertisements
    • 40 2 Business Model for Investment Eaa* of Start-Up High Returns On Investment Training Development Program Professional Consultancy Services Marketing Advisory S Support Comprehensive Support Services Wider Tsrget Market Produc Leadership BgRRHRHH Providing International Qualifications 24 Hour Student Support ESSugßffl AKT lifflffliijiMl
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    • 59 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: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
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  • SINGAPORE companies
    • 670 3  -  Fond managers say a cut in price after special dividends is fine if it doesn't hurt shareholders By Teh Hooi Ling FUND managers are not against companies adjusting employee stock options' exercise prices following special dividends as long as it doesn't disadvantage
      FILE PHOTO  -  670 words
    • 797 3  -  HOCK lock siew r sivanithy THE history of covered warrants in the Singapore market is not a distinguished one. Over the past decade, there have been several earnest attempts to kick-start the segment. Although the attempts involved parties with the relevant know-how,
      797 words
    • 495 4  -  48 out of 390 penny stocks topped 50C this year with 130% average return By Joyce Koh RETAIL investors who punt on penny stocks might find themselves having less choice in the stock market today. Based on last Friday's closing prices, of about
      495 words
    • 1214 4  -  INSIDE MARKETS November sentiment bullish despite the surge in disposals, says ROBERT HALILI ROBERT HALILI SELLERS returned following the rebound in the market from 1,657 points on Nov 21 to 1,733 points last Friday. Based on filings to the Singapore Exchange in the first week of December,
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    • 655 4  -  By Joyce Koh MAINBOARD-LISTED Agva corporation looks poised for further growth as it expands its manufacturing capabilities, trims production costs and widens its customer base. Listed in July, the multipurpose storage product manufacturer and supplier said it is now adding 70,000 sq ft
      CHRIS LOH  -  655 words
  • Page 3 Advertisements
    • 97 3 rr r r \jJ j -V<irpr' jnrj (kirc.ti TVichnik a. i Imagination is now reality. Con. ♦••'•♦mi m t»w mum-. 1 1 vu- m.v. ah m.m". rommanri system, the intuitive' Multi Media inter ta« o ••••> s B' M <; The new ABL cjuattro. j. puts y.>u m apositmn you
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  • Page 4 Advertisements
    • 44 4 -t "iff "SJK V*?,- yjea s •.'•yY-jy^^r V '4 >5 C>'i'- 'ISR- '5 v rj'- r^J J ""ft < '■<"■ gl'J* l "Caj&j"- -1 *fcw iA lg»" SMysffi v, frail afty'ij rwfi v; r HE !P£ L .PEAL" LCB L I A y -.-g '^d FORTUNE
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    • 19 4 Recruit from a wider audience Call 1800 289 8822 or email recruit@sph.com.sg for your recruitment solutions 9 uPf?KBNi I
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  • Page 5 Advertisements
    • 158 5 The KrisFlyer Credit Card Now with 50% more miles. ;if '/V v -v. > f .i f -r*:'+ V 'r J- -V-?*?s ■-I v'Vi VV V"''.- -*v --r vv }>■ v- j -s' A!f ,r $j£*> *ii K 'fvM*- at*; > W'V r •..-•*»•.'•>■' r r v 1 ;V. 1'
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  • SINGAPORE markets
    • 726 6  -  BT comment STOCKS r. sivanithy Followers of the stock market can broadly be divided into the inquisitive and the acquisitive. The inquisitive have sufficient intellectual curiosity to want to know if the market will adhere to the principles they were taught in school or university,
      Source: Bloomberg  -  726 words
    • 964 6 AFP [HONG KONG] Asian currencies strengthened against the US dollar over the past week amid the continuing global weakness of the greenback. Japanese yen: The yen gained ground against the dollar over the past week, arousing fears that the Bank of Japan would intervene
      AFP  -  964 words
    • 1048 7  -  BT portfolio STOCKS tah hooi ling AFTER rebalancing the portfolios last Monday which entailed transaction costs and bid-ask spread, most of the portfolios were little changed last week. The analysts' upgrades portfolio is up 0.4 per cent, the lowest forward price earnings portfolio
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    • 273 7  -  HOT STOCK WARRANT By R Sivanithy ON Nov 24, we featured the latest warrant to list in Malaysia, that issued by FCW Bhd, formerly known as Federal Cable Wireless. At that time, the warrant was priced at 12.5 sen. Although the
      Source: Bloomberg  -  273 words
    • 96 7 Events investors can watch out for Hyflux's Bonus Issue, ex-date, Dec 8 Lantrovislon's Bonus Issue, ex-date, Dec 15 New Listing of Asia Environment, Dec 11 CH Offshore's dividend payment, Dec 8 Cheung Woh's dividend payment, Dec 8 First Engg's dividend payment, Dec 8 FJ Benjamin's dividend payment, Dec
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  • 154 6 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Dec 5 VALUE CLOSE BT OB/OS 84.00 -16.00 BT CAW -*****.00 164 00 BT 10-day MA -*****.00 +8.00 AH-SG Equities 465.93 1.58 SG Equities Elect 175.11 -0.19 SG Equities Fbi 1454.58 +9.81 SG Equities Prop 430.80 -5.44 MSCJ Singapore 212.46
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  • Page 7 Advertisements
    • 196 7 BRIEFINGS 2003 2004 Check we6s*e for fuU briefing detarh 30 Aug Singapore 2.00pm, NUS Business School 25 Nov Hong Kong 7.30pm, Conrad Hong Kong 1 Sept Kuala Lumpur 7.30pm, Shangri-La Hotel 26 Nov Shanghai 7.30pm, Pudong Shangri-La 2 Sept Ho Chi Minh 7.30pm, Hotel Sofitel Plaza Saigon 28 Nov Beijing
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  • SINGAPORE news
    • 226 8 DEPUTY Prime Minister Lee Hsien Loong called on companies to extend a helping hand to society at a charitable event last night. "The corporate community is one important helping hand," Mr Lee said. "It is not just because companies have more resources than individuals,
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    • 410 8  -  It hopes to bring healthcare revenue to 70% in 3-5 yrs as education picks up By Andrea Tan BILLING itself as a "comeback kid", Health Management International (HMI) which was haemorrhaging until a recent turnaround and facing cash calls said its heartache
      ZAOBAO  -  410 words
    • 296 8  -  MAIL bag Liu I-Chun Singapore I WAS comparing investment products suitable for the Supplementary Retirement Scheme (SRS) and made enquiries with two companies a local bank and an insurance company. After looking at two guaranteed return plans, I decided that the plan offered by
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    • 393 8  -  Seah Seng Choon Consumers Association of Singapore WE REFER to your article, "Is this the next 'must have' for business?' (BT, Dec 3). The Consumers Association of Singapore (Case) concurs with the view that corporate social responsibility, or CSR, is becoming an increasingly vital instrument towards an
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  • Page 8 Advertisements
    • 466 8 In conjunction with China Trade Exposition 2003 Seminar on Doing Business in China CHINA: THE AWAKENING DRAGON BUSINESS OPPORTUNITIES AND CHALLENGES Date: 20 December 2003 (Saturday) Time: 2pm to 5.30pm Venue: Suntec City, Level 2 Auditorium Fees: Ssso per person (early bird who signs up before 10 December 2003 will
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    • 88 8 Whan you wont a partact start to ttva rait of your IHa. laava K to tha aiparftl Call our HOTIINI *41* 1031 to apaak to out Wadding Plonnar* and find out how you can hay* a partacr wadding calibration right haral Haavanly Mts lonouat Cholca of l-couraa Chlnaaa Dfnnar or
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    • 5 8 i IB ■VI Lk A
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    • 223 8 Fax your letters to 6319-*****r email them to btietterQsph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We reserve the
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  • REGIONAL news
    • 368 9 INDONESIAN CORPORATES Alleged lending fraud the cause; several directors tender resignations AP [BALI] The Indonesian government will probably delay a sale of its stake in the nation's second-largest state bank following the recent revelation of alleged lending fraud, a Cabinet minister said
      AP  -  368 words
    • 237 9 BALI Minister Lahsamana says cost of staying listed there may outweigh benefit Bloomberg INDONESIA'S government says it may seek to delist the shares of PT Telekomunikasi Indonesia, the country's biggest telephone company, from the New York Stock Exchange (NYSE) after it missed a deadline
      Bloomberg  -  237 words
    • 668 9  -  BT comment KL STOCKS Whatever his critics may say, he's very much a businessman In his own right eddie toh FORMER Malaysian prime minister Mahathir Mohamad had generally kept an open door for tycoon Syed Mokhtar Al-Bukhary. As a result, the self-made businessman one of
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    • 497 10  -  Aim is to ensure UK call centres can compete with overseas operations From Neil Behrmann in London THE British government is commissioning a report to study the economic and social impact from losses of jobs to India and other
      AFP  -  497 words
    • 463 10 BANGKOK The two should not compete but should tap each other's strengths THAILAND should adopt strategies which complement, rather than compete with, Singapore's, in its bid to become a regional oil trading hub, a Thai energy expert has urged. For instance, it
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    • 284 10 HONG KONG AP CHINESE authorities are holding up a request by Hong Kong regulators to interview a Chinese banker at the centre of a Hong Kong loan scandal, an official said here last Saturday. Investigators want to question Liu Jinbao, former chief
      AP  -  284 words
    • 193 10 TAIPEI Reuters TAIWAN microchip designer VIA Technologies Inc on Saturday denied local reports that the company's chairman and president were suspected of getting confidential information from a local rival D-Link. The Chinese-language United Daily News said Chen Wen-chi, VlA's president and Sher Wang, his
      Reuters  -  193 words
    • NOTE Book
      • 88 10 Bloomberg [TAIPEI] Fubon Financial Holding Co, Taiwan's second largest financial services provider, said it expects to gain approval today to buy International Bank of Asia to expand into China in two years. The first takeover of a Hong Kong lender by a Taiwanese
        Bloomberg  -  88 words
      • 101 10 AFP [BEIJING] Home appliance maker Haier has been ranked the most valuable Chinese brand in an annual survey, the China Daily said on Saturday. The ranking, published by the Beijing Famous Brand Evaluation Co, also included TCL, China's second largest TV manufacturer, which made
        AFP  -  101 words
      • 66 10 Reuters [HONG KONG] Hong Kong conglomerate Hutchison Whampoa Ltd will invest in a US$2OO million joint venture with traditional Chinese medicine maker Beijing Tong Ren Tang Group by the end of this year, the China Daily said on Satuniay. The official agreement will be signed by
        Reuters  -  66 words
      • 74 10 Bloomberg [BEIJING] China's production of cars, trucks and other vehicles will increase by a third to 6ix million units by 2005 as the government encourages foreign automakers to help domestic companies expand capacity. Vehicle production will increase at a pace of about a
        Bloomberg  -  74 words
      • 86 10 Bloomberg [MUMBAI] India's banks must "quickly" build up reserves to prevent losses if yields on government bonds rise, the central bank said in a notification. By March 2006, India's banks have to keep the equivalent of 5 per cent of their investments in government
        Bloomberg  -  86 words
    • 662 10 ASK for your complimentary copy of The Business Times on Weekdays at any F&B outlet at Far East Square, courtesy of DBS (while stocks last). Far East Square has more than 35 food and entertainment outlets, including those featured here. Beppu Menkan Japanese Noodle Restaurant (134.135,
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    • 651 12 COMMODITY WeeklyRoundup AFP [LONDON] A sharp drop in the dollar to a series of worst-ever lows against the euro dominated global commodities markets during the week, pushing gold prices up to a firm footing above US$4OO an ounce. Gold: Gold prices consolidated above the
      AFP  -  651 words
    • 196 12 Bloomberg [NEW YORK] Since 1999, European central banks have sold more than 1,594 tonnes of gold from their reserves even as the metal's price has soared more than 39 per cent. What those central banks do next could determine where gold goes
      Bloomberg  -  196 words
  • Page 9 Advertisements
    • 32 9 S Lianhe Zaobao if I Property and I I personal loans I I main I I contribution I 1 0 local banks' I I business! I growth I I I I I
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    • 110 9 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT <* n-'i rj[i&:^' J A Passion to Perform. lln T n i* 4 fc£tl2iatfs£F** BHTt w: *t$ wjrfe*" i '*-s^.-'-a- 'til _j*»- i r -2 J O H »tv v.• v >>" r sJ i -K »f ■ft %^S y r Here's
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  • Page 10 Advertisements
    • 129 10 W. SINGAPORE'S W BUSINESS LUNCH If ADDRESS Hpv Featuring four of the great cuisines of the world, restaurant bar j own Restaurant is an ideal choice for lunch with clients or f rien^s Hl Casual yet elegant, Town is filled with choices. Dine J indoors or alfresco along the historic
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  • Page 11 Advertisements
    • 168 11 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 a lower cost of operations. Unrivalled Growth No other location in Asia is more suited to being the region's premier logistics hub.
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  • 743 12 FINANCE COMMODITIES Week ended: Dec 5 SDfOAPORE QOVERlfMEItT SECURITIES DfPlCATPTE PRICES AMP T™-"S tow Co»»» Maturity Utt«t YtoM tost C—p— MrtfttY Latwt YltW N*****0H 3.5 01 FEB 2004 B100.39/A 100.44 0.876/0.547 MX*****H 5.625 01 JUL 2008 B 112.7/A 112.75 2.652/2.641 N*****1T 1375 15 MAY 2004 B 101.11/A 101.16 0.823/0.71 NX*****S
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  • 1603 12 SICOM FUTURES Dec 5 RUBBER Future* (Closing prices) RSS1 (S centsAi)) Close Volume Open Month High Low Sett (tonnes) Interest Jan 04 213.00 Feb 04 212.25 Mar 04 213.00 Apr/Am 04 216.50 RSS3(UScMbAg) Volume Open Mont* High Low Sett (tonnes) Interest JOT 04 123.00 123.00 123.00 300 2075 Feb
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  • WORLD news
    • 741 13 LONDON They are cheap, have good growth prospects and US$ is weak: analysts NYT AS strong as the stock market has been this year in the United States, many foreign markets have done even better, helped by the weak US dollar, which fell
      NYT  -  741 words
    • 497 13 ATLANTA Dropping of 'for a considerable period' could signal change NYT WALL Street especially the bond market will be more interested in what the Federal Reserve says than what it does at its final policy meeting of the year tomorrow. Whatever
      NYT  -  497 words
    • 233 13 Reuters PAUL-LOUIS Halley, 69, a principal shareholder in the French supermarket giant Carrefour, was killed in a plane accident at the weekend, a source close to the family said. He was also co-founder of the distribution group Promodes. His wife and the
      Reuters; AP  -  233 words
    • 395 13 LONDON Bloomberg NOKIA has lost market share for the first time in two years in the Western Europe mobile handset market as the world's biggest handset maker suffered a dual onslaught at the top and bottom end of the rapidly growing market, the
      Bloomberg  -  395 words
    • 467 14 LONDON Reichmann, who owns 9% of Canary Wharf, thinks the 265p bid is too low ATT. Reuters PAUL Reichmann, the founder of Canary Wharf, said on Friday he was planning a higher bid for the business development built in the docklands
      ATT.; Reuters; FILE PHOTO  -  467 words
  • Page 13 Advertisements
    • 954 13 rage l IN THE MATTER Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTER Of SGK PTE LTD (In Members' Voluntary liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTION (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company convened and held at 707 Cltmtnli West St 1.
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    • 945 13 IN THE MATTER Of THE COMPANIES ACT (CAP 50.1994 Edi, Section 291 (1) AND IN THE MATTER Of ECON CORPORATION LIMITED (Provisional Liquidators Appointed! Statutory Dec laration by Directors of Company's inability to continue business by reason of its liabilities ECON CORPORATION LIMITED (FORMERLY KNOWN AS ECON PILING PTE LTD!
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    • 1093 13 (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of me Company wi be held at Raffles Town Club. Dunearn Room 111, Level 1,1 Plymouth Avenue. Singapore *****3 on 23 December 2003 at 10:00 a.m. for
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    • 654 13 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 INDUSPARK INVESTMENT PTE LTD IN MEMBERS' VOLUNTARY LIQUIDATION A( an Extraordinary General Meeting of the Company convened and held at 27 International Business Park. Pnmefield-l-andmart Building. Singapore *****4 on the 4th day of December 2003. the following resolutions were duly passed
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  • 6 14 Week ended: Dec 5
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  • 2011 14 52-Wk Tel LM Vol UMi lmiQuou GrtM* t*» GrTW Mm MCjm Lam Ca4» C—pam Sale w- C0M> HI0i L—r »T» SdUr CVr Wl 13 26 7.5 5000 ABR Hldgs 5c 19 -1 129 20 18.5 18 19 *.7 42 12 9 2101 APOISc.-. 29 unch 2714 32 29
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  • 346 14 S2-M T* Last Vol Week U*1 Qwott GrfMv On GrTW IM MCan lew C*4a Cimrm Sate w- (D80t lorn Cw W Id 193 91 6000 AVJenrangs A2Sc AITUd -10 154 181 170 173 173 40 8 8 58 6.6 372J 6001 Cathay Pac 20c MK720 265 2.1 7.4
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  • Page 14 Miscellaneous
    • 205 14 CRYPTIC CROSSWORD 27 Not long ago. you could depend on US currency invest- .i.. JLJI mgPt (0) 7 Order I take on, being in YESTERDAY S SOLUTION 28 Silly old fool's marriage por- charge Across: 7 Pilchards, 8 Kayak, tion is a small road (6) Amancan visits English hills iq
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  • BizIT
    • 471 15  -  This farther fuels rivalry between them and with IBM By Amit Roy Choudhury SUN Microsystems and Hewlett-Packard (HP) have both announced new enter-prise-class products and services that promise to improve efficiency and reduce costs, further fuelling the intense competition between these computer majors
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    • IT TAKES
      • 84 15 JUZAR Moti walla (left) has joined the board of directors of MobiApps, a leading provider of hybrid terrestrial and satellite technologies for industrial communications. Dr Motiwalla currently serves as partner, Investments at Green Dot Capital. Prior to joining Green Dot Capital, he was chief executive officer
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      • 47 15 STONESOFT, which specialises in enterprise-level network protection and business continuity assurance, has appointed Jarmo Haara as executive vice-president, Asia Pacific. Based in Singapore, Mr Haara will drive the development of Stonesoft's Asia-Pacific business. Mr Haara joins Stonesoft from Tecnomen, a Finnish telecommunications company.
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      • 53 15 PET J, has introduced a new projector, Dell 2200MP. Weighing 2.1 kg,the 2200MP uses Digital Light Processing (DLP) DDR projection technology to generate high resolution images at a 1700:1 contrast ratio with a maximum brightness of 1,200 ANSI lumens. The projector is priced at $1,929. For
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      • 48 15 OLYMPUS has introduced a new 5.1-megapixel digital camera, the Camedia C-5060 wide zoom (C-5060WZ). Priced at $1,399, it features a start-up time of 3 seconds, a release time lag (including AF time) of 0.4 seconds, wide-angle capabilities and 4x zoom. For details, visit www.olympus.com.sg.
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      • 52 15 l-NET Singapore (1-Net), a wholly owned subsidiary of MediaCorp, and CPCNet, a Citic Pacific company, have announced a strategic collaboration to offer dedicated link to interconnect companies with presence in Singapore, Hong Kong China. The partnership aims to provide reliable Singapore-China connections with quality data and
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      • 55 15 NETGEAR has launched the WG3O2 Pro Safe 802.11g Wireless Access Point, which offers advanced security and management features with high-performance speeds and range to meet SME needs and hotspot deployments. The IEEE 802.1 lg-compliant access point, which retails for $613. supports both 802.11b and 002.1 Ig client
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      • 60 15  -  Compiled by Amit Roy Choudhury LOCAL enterprise software vendor Bizmann System has teamed up with HandySoft to launch the first walk-in enterprise software showroom at Punan Centre, Singapore. This walk-in concept allows small business owners to view Uve demonstrations of the proprietary HandySoft enterprise software, as well
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    • Article, Illustration
      213 15  -  By Amit Roy Choudhury MOTOROLA has launched its first mobile phone using the Linux platform. The feature-rich Motorola A 760 (right), a dual-band clamshell mobile phone cum personal digital assistant (PDA), will be available from mid-December and has a recommended retail price of $698 with a two-year subscription
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    • 278 15 Reuters [TOKYO] Japan's NTT DoCoMo Inc said it expects the number of users of its high-speed 3G mobile phones to grow more than 15-fold to 25 million by 2006, helped by improved handsets and wider coverage. "We expect our total users to be
      Reuters  -  278 words
    • 218 15 Xinhua [HEFEI] China is expected to export US$l3O billion worth of electronic and information technology (IT) products in 2003, up 41.2 per cent from a year ago. said sources with a national conference held on Friday in east China's Anhui province. During
      Xinhua  -  218 words
    • 285 15 Reuters [GENEVA] The digital divide between rich and poor nations, measuring the gap in access to the Internet and telecommunications, is narrowing faster than many expected, a United Nations agency said on Thursday. Days before a world information summit in Geneva,
      Reuters  -  285 words
    • 516 15  -  Smaller firms being targeted with a new portfolio of products By Tang Weng Fai FAST-GROWING software firm web Methods expects to reach a new set of corporate customers in the Asia-Pacif-ic with a new portfolio of integration software products priced at US$lOO,OOO and below. Typical
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    • 646 16  -  BT exclusive From being sleepless in Seattle to going wireless in Singapore, telcos and other service providers are rushing to catch the wireless wave Reports by Raju Chellam IF there is one "hot spot" in telecoms yet, it is in "hotspots". And that's set to continue
      FILE PHOTO  -  646 words
    • 292 16 AFTER Wi-Fi, the next technology upgrade is likely to be Wi-Max. The equipment to install Wi-Max networks will be ready by the middle of next year, but mass adoption may not happen until late 2006. Wi-Max is an emerging technology that offers a wireless
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    • 151 16 Xinhua (JAKARTA] Microsoft has officially announced the launch of MSN Indonesia, a localised website of worldwide portal msn.com. "Of the 350 million subscribers to msn.com. 306,000 are Hotmail users and 110,000 are MSN Messenger users from Indonesia, so we want to make it easier
      Xinhua  -  151 words
  • 852 15 Week ended: Dec 5 ax*—« i a— owy sud m o— o>»9» AJtgraan 50c 0J9 1060 *0.020 50c 0 37 2.040 -0 020 GtC 0.79 6200 OCBC 862 ***** CipitaLand 1-20 1.560 -002D OU€ 0.47 6850 Chart ScraCond 26c 144 1650 -0.040 Partway H 25c 0.47 0.940 0.020 City
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  • 660 15 BONDS WARRANTS Tal LKt Vol Com Lur Omt-mZ Cade Ciapi Sate *«r- (HW teH» Ma N U> 3691 AST1W*****1 245 -2 381 1 16 -5 1.73 6 3697 Acma ltd W*****6 1 unch 949 1 SO 467 9.00 11 3603 Amtek W0S0610 120 1 32 1 33 3 123 18
    660 words

  • Page 16 Advertisements
    • 943 16 Advertising Feature HP empowers a fleet of printers to handle Asian fonts to meet a critical business need at Sandvik South East Asia. Sandvik is a global high-technology engineering group with unique competence in materials JK, technology to offer world-leading and advanced products selected industrial an centre to serve customers
      943 words

  • SHIPPING TIMES
    • 264 17 Contributed by Simpson, Spence Young WITH an ever increasing freight market, not surprisingly buying interest in the dry bulk sector has been maintained. HITT.IT omiaa Realmar: 75,400 tdw bit 12/84 Verolme Do Brasil reported sold region U557,700,000 to undisclosed buyers. Ocean Rainbow: 45,000 tdw bit 19% Hashihama crs
      Contributed by Simpson, Spence & Young  -  264 words
    • 299 17 SGX 000 DecS S$ *1- Vol CH Offshore 0.34 -0,01 853 Chuan Hup 0.45 -0.01 2074 Cosco Investment 0.60 <101 2412 CWT Distribution 0 57 -0 01 33 Ezra Htdgs 0.91 -0.03 338 Freight Links 0.10 -0.01 274 GB Holdings 0.67 unch 0 Java Holdings 0.76 -0.02 1056
      299 words
    • 588 17  -  Intertanko welcomes IMO agreement on controversial issue By Donald Urquhart [SINGAPORE] The International Maritime Organisation (IMO) has successfully hammered out a global compromise on the early phase-out of single-hull tankers being pushed by the European Union. The agreement reached by members attending last week's
      REUTERS  -  588 words
    • 350 17 Reuters [RIGA] An ageing, rusty Russian oil tanker left Latvia early on Saturday, despite European protests, to sail the same route as a similar vessel which sank off Spain last year causing billions of dollars of damage. Madrid and the European Commission, which have
      Reuters  -  350 words
    • 309 17 But activists vow to continue drive against live cargo AP. AFP [MELBOURNE] A new cargo of 73,000 live Australian sheep left port for the Middle East early yesterday, free of the protests which have dogged other recent live sheep shipments. But activists
      AP.; AFP  -  309 words
    • 167 17 AFP [DUBAI] A Dutch ship, working on the emirate's "Palm Island" project, is in court in Dubai facing a fine of 67 million dirhams (5530.6 million), for damaging a gas pipeline, the Al-Khallej newspaper reported. The Dubai court took the decision to
      AFP  -  167 words
    • 317 17  -  PSA Belgian unit's project will double capacity of Europe's No 2 port By Beth Jinks (SINGAPORE] The first stage of the port of Antwerp's massive container harbour expansion, in which PSA Corporation's wholly-owned Belgian subsidiary has a major operating stake, was completed last week,
      317 words
    • 172 17 Bloomberg [LONDON] Peninsular Oriental Steam Navigation Co, the UK's No 1 shipping company, said business "remains consistent" with its Nov 13 statement, when it reduced profit forecasts amid a slump in demand at its ferry business. P&O said last month it expected 2003
      Bloomberg  -  172 words
    • 598 18  -  LINER SCENE By David Hughes IN the past fortnight two very different vessel operators have been drawing attention to new, or improved, services and to the new vessels that they are using on these services. Both carriers operate long distance
      598 words
    • 3 18
      3 words
    • 3 23 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 619 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL DAXIN 006 J18/19 A/SIDE 08/12 0300 DELMAS KERGU 348E J17/18 A/SIDE 08/12 1100 ENRICHER ***** J10/11 A/SIDE 08/12 1500 MCHIANGMAI 20 J23 A/SIDE 08/12 2330 NIAGA61 10/03 J12 A/SIDE 08/12 1500 SAGAMI 1 3/03 J7 A/SIDE 08/12 1200 URANUS
        619 words
      • 2 25
        2 words
      • 163 25 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: Christmas Day. Indonesia: Christmas Day.
        163 words
      • 443 25 THIS repon. compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        443 words
      • 88 25 U/F unflHarabt* TMi rapart It an wnpln anatyaad by PWV Pitratawm i»wtew and >» an ab«tract from thafr mora data Mad fiMt duality Itilntki wfOcti t* imM to participating thtpownart. Kay bunbar part» hava badn r»"M< m al ra«»m fcr brayfty ComparHon ha* bam mad* with
        88 words
    • AIR & LAND transport
      • 572 26 Legal tussle shaking foreign investor confidence in the Philippines AFP (MANILA] Lying idle after virtual completion a year ago, Manila airport's new passenger terminal will be in limbo at least until 2005, caught in a protracted legal tussle that has shaken
        AFP  -  572 words
      • 489 26 It also plans global electronic ticketing system, Japan travel promotions Bloomberg. AP. AFP [TOKYO] The Star Alliance, the world's largest airline group that includes Singapore Airlines, Lufthansa and United Airlines, said it has agreed to jointly purchase jet fuel
        Bloomberg.; AP.; AFP; FILE PHOTO  -  489 words
      • 262 26 Reuters [DALLAS] American Airlines said it will tap James Beer, the vice-president for Europe and Asia at the world's largest airline, to replace Jeff Campbell as its chief financial officer. Mr Beer, 42, will immediately start on a transition to his new
        Reuters  -  262 words
      • 237 26 Bloomberg [CALGARY] Air Canada creditor Mizuho International pic, a unit of Japan's largest bank, withdrew support for entrepreneur Victor Li's bid to buy a stake in the airline, court motions filed on Friday show. Mizuho, which holds about Csll2 million (*****.7 million)
        Bloomberg  -  237 words
      • LOG Book
        • 43 26 Bloomberg [TOKYO] All Nippon Airways (ANA), Asia's second largest airline, agreed with US Airways Group to sell seats on each other's flights, a so-called codesharing partnership, and link their mileage programmes, the companies said in a release. —Bloomberg
          Bloomberg  -  43 words
        • 64 26 AFP [SHANGHAI] China Eastern Airlines will begin flying a non-stop service from Shanghai to Melbourne from Dec 15, the company said. The flight on an Airbus A 340 will operate twice a week, departing China on Mondays and Thursdays. The company already flies from
          AFP  -  64 words
        • 62 26 Reuters [LONDON] Budget airline easy Jet said it carried 1.7 million passengers in November, a rise of nearly 15 per cent on the previous year, as low-cost flights continued to lure travellers. "These figures reflect strong sustainable growth at easy Jet we have increased both our
          Reuters  -  62 words
        • 76 26 Reuters [TOKYO] Austrian Airlines said on Saturday it was confident it could break even on an operating level, citing improvements in passenger numbers and positive effects from cost-cutting. Chief executive Vagn Soerensen said on the sidelines of an industry event that it expected to
          Reuters  -  76 words
      • 318 26 AFP [DUBAI] The world's thirdlargest air show opened in Dubai yesterday, dominated by the US, with a military delegation headed by a top US Air Force commander and some 80 private sector companies, led by aviation giant Boeing. United Arab Emirates (UAE)
        AFP  -  318 words
      • 186 26 NYT [NEW YORK] US Airways, which emerged from bankruptcy protection this year, told employees that it must revise its business plan to combat the threat from low-fare airlines, the clearest signal yet that it faces a new crisis. Speaking on a telephone hot line recording,
        NYT  -  186 words
      • 413 26 AtRUNF COCKS AA Amman Artnes (AM.) *f Ar franof IAFRI AJ At mOa (AtC) AY Fmm Oy (FH) AZ AHUhi Atones IAZAI BA Batsfi hrwtys Pub* Ltd Co iBAW) BG Bran Bingaoesn Artnes (BBCi Bl Royal Brunei Artnes Sdn Bhd (RBA) BO BouraQ Artnes (BOUI BR
        413 words
  • Page 17 Advertisements
    • 40 17 Star Alliance to make joint purchase of fuel Manila's new airport terminal in Umbo BACK* Legal I services I Can they I II find your required by I JL O I here in the snippers I sapping T Times? owners
      40 words

  • Page 18 Advertisements
    • 845 18 I TO USA/CANADA I 1 EXPORT 1 1 OTHER DESTINATIONS I jvtSSEi |VOY PKG |rrASIN|LOMGKAO<[OAaAS|HOUSTOw|IInm>PHIS |CHICAGO|IgWrO«K H TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) P&O NfDLLOYD KIMOON 34E50 09/12 10/12 24/12 30/12 02/01 31/12 31/12 03/01 JvKsS VOY HA SIN PKG «T1 KT~| SrT~| —Mil AM PlO NBXIOYD STUYVESAMT 21ES1 16/12 17/12
      845 words
    • 560 18 Unes services represented by "I Accredited Shipping Agents, Xo Singapore Shipping Association Members of the Singapore Logistics Association CONTAINERS/ CONVENTIONAL CARGO /T f«0« KMT KUNG/SMMTOK/JMMtt I VOY ETAPKL ETA SIN ETA MALE MaldturVr 74JA Ml 2 «7/ll lfc'l2 Prim**. Uh 1103 12/12 14/12 2X12 1.1 U MARINE SERVICES SINGAPORE Pboar
      560 words

  • Page 19 Advertisements
    • 1356 19 TO EUROPE FROM EUROPE Ivpsa Ivor sw gh ktm anr haw wv sou leh Ifycsa |*oy inn aw ham Rtv sou i» sw ~j HYUMMJCOMUNQ 30SWM/12 25/12 2S/12 16/12 30/12 HYUMTY 31S 15/11 17/11 19/1113/1106/12 API GUMMY 101W11/12 31/12 03/01 29/12 MOIAOVMfDtf OIK 11/11 20/11 22/11 23/11 09/12 msaumoN oi6w
      1,356 words
    • 1786 19 MONTHLY CONTAINERISED SERVICE TO SOUTH PACIFIC ISLAND OF u*om»mn,u-M saus/ucs til«»$«;/« pa* A7iisi2i/i4 I SUVA LAUTOKA (FIJI) COSTAR SHIPPING PTE LTD umm/n I rwl aNO: **********0 M TIL *2?* HOC (MAIN) INWARD (D/O) M *****4 *****119/41 I DADCCTt /TAURTII T/smro» M7OM7S u»uit/M I i Arttlt (TAHITI) "»**'OHIO: CONVENTIONAL *****450 ******01
      1,786 words
    • 529 19 VBSa WY_ _S«_ _«T_ _MICG_ JWH_ J*C_ J(W_ _«JS_ VESSEL VOY SIM JKT SUB HKG USW PUS IN( HYHIDK m 10/1? lyit 11/1? 19/12 22/12 24/12 24/12 KMTCJAKAUTA 317S 14/12 17/12 11/12 24/1? 24/12 2«/12 VI HYUWDAJ VLADfVOSTOK 134S 17/1? 20/12 2S/12 M/l 2 W/12 31/1? 31/12 KMTC PUSAK 31«S
      529 words

  • Page 20 Advertisements
    • 604 20 eft EI lUI A Q ENQUIRIES,BOOK,NOS *****344 FAX: *33*7433 E-MAIL I iTJlfl HI HIT f U C L. IVIMO DOCUMENTATIONS/OPERATIONS: *****637 PAX: *****177 MUUS WIST JtfRKA IXMfSS OPHSS CONTAMB SBVKE TO SOVTM/WBT AfUCA VESSEL VOY SIN REUNION LUANDA POMTE NOIRE MATADI UIREVRLE AIIDJAN TEMA LOME TINCAN COTONOU APAPA DOUALTONNI MmasGrtw
      604 words
    • 258 20 Wl VASCQ MARITIME PTE LTD. OFFERS WEEKLY CONTAINERISED SERVICES FROM SINGAPORE/MALAYSIA/INDONESIA TO INDIA NHAVA SHEVA, MUMBAI, KANDLA CHENNAI, CALCUTTA ALL (CDS PAKISTAN KARACHI INLAND SECTORS, ALSO SERVING AFGHANISTAN ARABIAN GULF DUBAI, ABU DHABI, SHARJAH, BAHRAIN, DAMMAM, BANDAR ABBAS KUWATT SOUTH EAST ASIA P KIANG, PENANG, PASIR GUDANG. JAKARTA, SURABAYA, BANGKOK,
      258 words
    • 2020 20 WAN HAI INTERNATIONAL PTE LTD aHO I4WSO2<>OOO/R VT rA lifiu a ■>■-« T0:*****5M (14UNB) FAX.-*****163 WaWAN HAI LINES ...k.l ATOLOll) SB4IOOHULP7IIJB47O4 K01H: 714M0/714M1 ML7I4OT www.winwi.tnni.tg ■;M4B4lSR»MfcPmO«Bfl!gi! —frrr- 5 1 —~im —&r-xn —sr~sr Inmi NM 713 «m IJ/1J IVII IVIJ IHtfll 71/17 7J/17 JVIJ 77/17 74/17 0/17KMUMMM MIS JVM JJ/IJ lUI/IJ
      2,020 words

  • Page 21 Advertisements
    • 1366 21 VtSStl VOY KHH HKO SIN PKI PXB iAi DMM UK IRAN KERMAN PCL34O SKIP 06/12 10/12 SKIP 17/12 IC/12 24/12 26/12 SCA NAVIGATOR PCL4OI7 SKIP SKIP 10/12 11/12 17/12 It/12 24/12 26/12 IRAN LORfSTAN PCLBOI4 SKIP SKIP 16/12 15/12 25/12 26/12 01/01 03/01 IRAN SATTARI PCLAOIS SKIP SKIP 19/12 IS/12
      1,366 words
    • 680 21 UK CONTINENT SERVICE Loading for KALMA RTM/ATW/BMN/UK/NAN Loads Singapore. E7W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for J FRIEND DBl/ABU/DOH/BRN/DMM/KWT P LAMER DBl/ABU/DOH/BRN/DMM/KWT 'Loads Singapore. EJW. Malaysia. Indonesia USA SERVICE Loading for SEABEE CAM/NFK/SAV/NOL AVENTICUM CAM/NFK/SAV/NOL 'Loads E7W Malaysia. Indonesia F.E./S.E.A. SERVICES S pore Loading for TBN INC/BSN "Loads E Malaysia.
      680 words
    • 1228 21 sai sb eh— -«ssa m ifiHS 25/12 09/12 _auuui tifijfl 11/12 13/11 H -IAOAMOA ]047N 15/12 11/1? iliillTl 7 UZi 14/1? urn paciahda imm n/i2 n/» rtf sim turn n/n *>/i? 18S5!1 UZI2 14/12 maMJATA2 M7S tl/n g/H rACiAWOA noon Mm ■^HiTTffinrnTn'nHHi PACIAMOA 1 '01W 16/12 16/12 pac mmoa now
      1,228 words

  • Page 22 Advertisements
    • 632 22 ~^TSEffIS333Q3SE3 ■fffflTfll TIGER SKY 141N 13-14/12 20-21/12 27 28/12 1 ■MMMrI TIGER SEA M2N 16 17/12 2*25/12 30-31/12 1 HJiILLLIH TIGER BRIDGE 143N 20-21/12 27-21/12 03-04/01 TIGER SHARK 144N 23-24/12 31-01/01 04-07/01 I WM TIGER SKY 145W 27-21/12 03-04/01 10-11/01 >38 nTnTi7in7/i77rn/i7i ■PPfJfWW TIGER SPRING 499 09 09/12 15-17/12 25-25/12
      632 words
    • 888 22 FREIGHT LINKS EXPRESS PTEoLTO* 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sg LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES/CANADA JjttL OSAKA KOBE JAKARTA VANCOUVER YOKOHAMA NAOOYA CEBU TORONTO SURABAYA MANILA MONTREAL Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT HEAVYLIFT CARGO (CONVENTIONAL RORO) Lawrence Lim 6267 5555, H/P: 9749 1977 lawrence®flesin.com.sg Adrian
      888 words
    • 183 22 wi n*p« m vor mai m «xxx* i'M is« »-2 roc 3 MOM ison J» ?oc3 r j ooukxstm ss-s >-IJOC3 *tt »s wb GOUXHSTtf BSK 2 70C3 "XL Js2* 2 :2 70C3 FT ftOUMSUA lim ITTHM3 HI IIUN "IHHOM M «*I»ST** ISJA "IJ-THCOJ ~~"S9 •MlfflWW SBOBrwr 'TB4T '14-IHMI g»
      183 words
    • 1306 22 rb IPDZ LINES SWjss-'tmsb I Ulm toTjoo TmJmm 2E£X^" MSW fU:t727 4,,c RI6ULAI CONTAINERISED SERVICES TO MALAYSIA, BRUNEI, MYANMAR AND VIETNAM nr ,c nr mm nssu tor mm m nmi rar n* tn aSuu^ ouwawasi tin n/» u/12 otstttG 30; i u/n 14/12 k-qmhuu? 1m? 00/12 is/12 shock 11/12 10/11
      1,306 words
    • 191 22 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE S PORE TO KARACHI Ivtssa I voyage it* Singapore haiuuucmi IOLUI 013HW 14/12/03 24/12/03 MUIIAM I 011HW 20/01/04 30/01/04 SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood #17-07/06 Apex Tow, Singapore 0/9905 Telephone: 6270 0977 Facsimile: 6275 2309 >11 Telex: US ***** StAPAC DIRECT SIN
      191 words



  • Page 25 Miscellaneous
    • 125 25 S RFfiIONAI WFATHFR ,^r\^ FOR 7AM 8 Dec 2003 J p? -~-—~24 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/o line indicates calm or light and variable winds Rain O ne ha fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots
      125 words