The Business Times, 9 December 2003

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Total Pages: 26
1 26 The Business Times
  • 17 1 MITA (P) 024/03/2003 85c THE BUSINESS TIMES SINGAPORE I'ite r.c~t iitp '/Dusiness-times.asial .com.sg TUESDAY, DECEMBER 9. 2003
    17 words
  • 621 1  -  BT exclusive Moribund state sector also attracting US, HK, Taiwan investors By Loh Hui Yin [SINGAPORE] Keen to invest more in fast-growing China, Temasek Holdings and its stable of companies are looking over Chinese state-owned enterprises (SOEs). The Chinese government has been inviting foreign
    621 words
  • 619 1  -  But nutrition products facility will continue By Raju Chellam [SINGAPORE] US pharmaceuticals giant Wyeth Inc is winding down one of its two Singapore pharmaceutical plants in a phased operation from next January through June that will see 200
    619 words
  • 562 1  -  UK carriers, on the contrary, enjoy unlimited freedom out of S'pore, says SIA chief By Ven Sreenivasan [SINGAPORE] It's not about the competition on the Kangaroo Route. It's not about Virgin Atlantic. It's about fairness. That is how Singapore Airlines sees
    562 words
  • 70 1 sn 1,719.33 (-13.67) ST INDEX FUTURES 1,713.00 (-7.00) SIMSCI FUTURES 210.20 (-2.30) Monday Change KLSE OOMP ***** 195 NIKKKI ttt 10.***** ***** HANG SENG 12.***** ***** SETINDEX 664,16 +5.07 JAKARTA CCMP _647.77 +973 UMUW 1.***** +4.50 TAIPEI WP1 5.***** 5190 anion* mm 4.61 SHENZHEN B 270.59 143 Al'ST ALLORD
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  • 81 1 FOREX RATES US* S$ I'SS (SS per I'SS) 1.710 i(l SS/SS per 1.727 2.954 El R(HI SS/SS E|. 1.216 2079 VEX 107.6 62.90 KM 3JW0 2.222 HKS 7.764 4.540 BAHT 39.88 2331 Kl PI AH 8.493 4565 RENMINBI 8.299 4.852 INDIAN RI'PEE 45.57 2664 AS 1.353 0.791 NZS L545
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  • Page 1 Advertisements
    • 130 1 %"<w %sfc- 4 mmmcmmmtmmwmmwm n if' n »*g |HnnL U on the mend m H 1 I 1 M Pi Shipping Tlrmi P« 1 N- %v. 2"*s.~.- ye*: r Jrf ■!.*> INSIDE IPO WATCH Hi-P: the biggest listed plastics group Pg3 POWER OF THE PRESS The press wields power to
      130 words
    • 17 1 COMMENTARY HOW THE SGX CAN GROW IN STATURE Wonq Wei Konq 4 Pq 4 inn 8 *****4
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  • NEXT page
    • 370 2  -  It wants to minimise likelihood of consumers being rushed into hasty decisions By Taila Krishnakumar [SINGAPORE] The Monetary Authority of Singapore yesterday reminded banks that MAS approval is required before a bank can set up additional locations to receive applications for consumer credit
      370 words
    • 474 2  -  The 10-member board has heavy US representation By Tang Weng Fai [SINGAPORE] Singapore Technologies Telemedia (ST Telemedia) which saw its price tag for buying bankrupt Global Crossing almost double, has appointed a new board with heavy US representation in the
      474 words
    • 476 2  -  Weakening dollar also expected to hit China, rest of Asia From Anthony Rowley in to/cyo THE dollar plunged to a new three-year low against the yen yesterday, dealing a sharp blow to Japan's hopes of continuing an economic recovery which
      REUTERS; Source: Bloomberg  -  476 words
    • ON THE grapevine
      • 106 2 WHEN you are used to dealing with mega-bucks, a couple of million dollars are just. well, small beer. That appeared to be the case when Gay Chee Cheong. deputy chairman of 2G Capital, was asked how much the company had spent on buying its 4.78 per cent
        106 words
      • 110 2 DBS Bank seems to believe it has the power to recall the deceased. A contact who maintained a Joint account at DBS with his recently deceased mother had this letter sent him. "We have been informed of the demise of (the mum's name), who was one of
        110 words
  • Page 2 Advertisements
    • 77 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: Simon ne Toh T: +65 6535 3382 F: +65 6535 3991
      77 words

  • SINGAPORE companies
    • 662 3  -  Market cap to exceed $500m; offer expected to raise $116.9m By Serena Ng Hi-P International's initial public offering, pegged at 57 cents a share, is set to propel it into the No 1 spot in market capitalisation among listed companies in the plastics
      ARTHUR LEE  -  662 words
    • 586 4  -  Issue requires attention because of the increasing turnover of CEOs By Wong Wei Kong SINGAPORE companies need to pay greater atten* tion to managing CEO performance and succession planning, according to a recent study. "While it is clear that boards should play a
      586 words
    • 750 4  -  HOCK lock siew wong wei kong EVEN after a relatively good year, the Singapore Exchange (SGX) still faces a serious challenge: how to avoid being marginalised. On the surface, things may not look so bleak. Buoyed by a bull market, trading activity reached
      FILE PHOTO  -  750 words
    • 270 4 Bloomberg MEDIACORP chief executive Ernest Wong, who said earlier there are not enough advertisements to sustain more than one television station, said the company is "open to discussion if SPH intends to divest its MediaWorks Ltd". He ruled out a merger between the
      Bloomberg  -  270 words
    • 470 5  -  VXL Capital Partners to buy 70% stake for HK$3.722 apiece By Serena Ng BROKING group Kim Eng Holdings, which has just reaped a hefty gain from the listing of its Thai subsidiary, yesterday said it has struck a deal to
      470 words
    • COMPANY Briefs
      • 101 5 SEMITECH Electronics Ltd has set up a new Malaysian subsidiary to undertake post-sales warranty and repair services for electronic consumer products such as television sets and DVD players. The venture marks the group's expansion of its after-market customer services beyond voice and data communication products
        101 words
      • 69 5 Reuters BEVERAGES group Fraser and Neave Ltd is launching a $300 million, five-year loan facility. It said yesterday it has entered into a transferable term loan facility agreement for the amount which has been jointly arranged by Credit Agricole Indosuez, Oversea-Chinese Banking Corporation and
        Reuters  -  69 words
      • 74 5 CSE said its associated company, eßworx Berhad, has entered into an agreement with Hewlett-Packard (Thailand) Ltd to implement a digital credit management system for Krung Thai Bank Public Company Limited, Thailand. The project worth US$l.3 million, is expected to be completed within nine months
        74 words
      • 85 5 SINGAPORE Computer Systems Ltd (SCS), a key systems integrator in the region with extensive experience in e-government solutions, has won a tender worth $38 million to provide a total system solution to the Immigration Checkpoints Authority. The initial implementation phase of the project is expected
        85 words
    • 419 5  -  By Kenneth Lim CRAFT Print has climbed back into the black with earnings of $110,000 after two loss-making years a point that its two executive directors made sure was not lost on the shareholders who tried unsuccessfully to cut their remuneration earlier
      419 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 378 4 9 December 2003 ASIAENV ASIA ENVIRONMENT HOLDINGS LTD (Incorporated in the Republic of Singapore on 2 June 2000) MB Q Asia Environment Holdings Ltd ("ASIAENV") is the Singapore investment holding company with subsidiaries engaged in the provision of integrated water and wastewater treatment solutions in the People's Republic of China
      378 words
    • 49 4 This announcement appears as a matter of record only YHI INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 26 August 2000) Placement of 15,000,000 New Shares at issue price 551.095 per share raising 5516.425 million Underwriter and Placement Agent 8 DBS Sub-placement Agent DBSVICKERS SECURITIES 9 December 2003
      49 words

  • Page 5 Advertisements
    • 27 5 WG DEMAND you SUPPLY Make us an offer we can't resist. Seeking tenders? Call 1800-*****22 or email: notices@sph.com.sg to book your Notices advertisement in our newspapers now.
      27 words
    • 131 5 0 <v\ o¥ow* J ffleward 2003 has been a tough year but you have pulled through. Its time to reward your hardworking staff, dealers and business associates! Lobster Salad Roast Whole Suckling Tig (Golden Fried* Sri Lanka Crab Sharks Fin Soup "Tianjin Style" Clj Soon Hock > Thai Style" A
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    • 266 5 NOKIA Connecting People s*'5 IdlH With a truly advanced WAP 2.0 xHTML browser and a large TFT 65,536 colours display, the new Tri-band Nokia 6600 puts a richer multimedia browsing experience at your fingertips. You can also use the Real One Player to access music video clips, radio hits, sports
      266 words

  • SINGAPORE markets
    • Article, Illustration
      632 6  -  Compiled by VEN SREENIVASAN Ascendas Rcrt Dw 8 dosing: $1.09 A-REIT announced its third acquisition in as many weeks by proposing to purchase Trivec Building for $33.6 million (inclusive of $1.6 million acquisition cost), to be funded potentially through partial debt and equity. The deal is scheduled for
      Source: Bloomberg  -  632 words
    • 276 6  -  HOT STOCK WARRANT By Ven Sreenivasan IN recent months, many analysts have been bullish on the fundamentals of the computer hard disk drive (HDD) sector. One trend that these market analysts have been highlighting is the miniaturisation of components and the
      Source: Bloomberg  -  276 words
    • 502 6  -  BT comment STOCKS r. sivanithy IN stock market parlance, a cool-ing-off phase that comes immediately after a period of sustained feverish activity is known as a "consolidation". The word is meant to convey a sense of foundation-building, a side-ways-to-weak drift during which profits are cashed in,
      Source: Bloomberg  -  502 words
    • 642 6  -  BT comment CURRENCIES Gold, Swiss franc and A$ notch up new multi-year highs larry wee THE euro powered its way to yet another record post-launch high in Asia yesterday, after weaker than-expected US employment numbers last Friday hit Wall Street and unleashed
      Source: Reuters  -  642 words
    • TRADES TO WATCH
      • 67 6 FUND manager Prudential Asset Management (Singapore) acquired 5.67 million units of the Ascendas Real Estate Investment Trust (A-Reit) in the open market on Dec 4 at an average price of $1.01. The purchase raised its deemed shareholding in the Reit to 7.04 per cent, or
        67 words
      • 81 6 THE deemed shareholding of Lawrence Leung Chun Wah, executive chairman of Hong Kongbased Willas-Array Electronics (Holdings), has increased slightly following an open market purchase of 100,000 shares by investment vehicle Open Mind Profits Limited. The shares were acquired at 23 cents apiece on Dec 5, and
        81 words
      • 74 6 THE Singapore branch of US banking group Citibank, which has been selling shares in fruit and vegetable supplier FHTK Holdings over the past couple of days, sold another 4.4 million shares in the open market on Dec 4. The sale at 9.5 cents per share
        74 words
      • 97 6  -  Compiled by SERENA NG FUND manager Schroder Investment Management has become a substantial shareholder of tyre maker YHI International, following its subscription to seven million placement shares at $1,095 apiece yesterday. The subscription was "on behalf of clients by Schroder Investment Management (Singapore) Limited as investment
        97 words
    • Article, Illustration
      144 6 OTHER SINGAPORE INDICES Dec 8 VALUE CLOSE BTOB/OS 109.00 +25.00 BTCAM -*****.00 -180.00 BT 10-day MA -*****.00 +11.00 AB-SG Equities 462.35 -338 SG Equities Elect JL76.33 +1.22 SG Equities Fin 1447.00 7.58 SG Equities Prop 427.81 -2.99 MSCI Singapore 211.03 -1.43 SiMSCI Futures 210.20 -2.30 (lob (lottingprices are hi trading
      144 words

  • SMALL caps
    • 799 7  -  The cash-rich company must now plot out a growth path for investors, says JOYCE KOH JOYCE KOH MENTION the name TT International, and most people would immediately associate it with its Akira brand. Indeed, the company's efforts in steadily building up the profile of its
      FILE PHOTO; Source: Bloomberg  -  799 words
    • 416 7  -  By Teh Hooi Ling AS the year draws to a close, activities in the stock market too have slowed to a trickle. Amidst very low volume, prices softened. Again, the biggest declines in percentage terms are seen in small capitalisation stocks. The UOB
      416 words
  • Page 7 Advertisements
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  • FOCUS property
    • 560 8  -  Citing weak local market, it plans to beef up presence in less popular Chinese cities By Andrea Tan CONSTRUCTION and property group Koh Brothers is hoping to build up its presence in second and third-tier Chinese cities as it seeks to diversify
      FILE PHOTO  -  560 words
    • 293 8 Reuters [HONG KONG] The number of unsold flats in Hong Kong has fallen to a new 15-month low while optimism about prospects for the property sector has prompted large developers to raise house prices again, the Standard newspaper said yesterday. Real estate
      Reuters; REUTERS  -  293 words
  • Page 8 Advertisements
    • 260 8 SUNTEC TOWER ONE H* Approx. 2700 to 7000 sf for LEASE at $3.90 psf neg Approx. 1350 to 14,381 sf for SALE at attractive price High low rise Fitted or Bare Immediate Occupation Lobby Frontage Sole Marketing Agent Agnes Heu 9686 6651 Greg Sim 9270 2570 SelinaYap 9029 7207 Agnes
      260 words
    • 223 8 PRIME EAST COAST Private Treaty Sale X Wo""* Resic) ential u Close to Chinese Swimming Freehold Plot ratio 2.8 V»\ Land area approx 22,791 sq ft Popular location Contact: Leong Whye Mon/Jeremy Lake Tel: 6224 8181 1 CBRE 6 Battery Road #32-01 Singapore *****9 CB richard ellis qHHHHH HHHSHB Site
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    • 25 8 oT\ Qftim jaiit HI, hh U> «i\ mwlhirtUfiuuf dtan xin (4 fiiak fu<n out ifimal M menui. Weekdays: 12pm 2pm Weekends Public Holidays: 12pm spm
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    • 137 8 Lianhe Zaobao I Number of I I property resold I Iby banks up I I despite signs of I I economic recovery I ll* iiul j|||| I Sii 'ill I 21: ■1! II I s 2 j||| By!]#*!!] nTnPiiMimTM I Coolest Nightspot For A Nostalgic Time ReOve the good old
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    • 81 8 mm Protecting your patent? Call 1800-*****22 or email: notices@sph.com.sg to book your Notices advertisement in our newspapers now. ~1 THE NEPTUNE T 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 onlyl Reservations: 6224
      81 words

  • SINGAPORE news
    • 497 9  -  BT exclusive Hoteliers fear it may erode service quality over time By Daniel Buenas HOTELS here are bemoaning a lack of people to fill their mid- and low-level job positions, and some hoteliers believe that this may eventually affect the industry's
      497 words
    • 334 9  -  By Chen Huifen FIVE local manufacturing companies have taken the initiative to work as a cluster in their search for more business opportunities in the international automotive market. The companies are Sunningdale Precision Industries, Armstrong Industrial Corp, PCA Technology, Rayco Technologies
      334 words
    • 492 9  -  Top managers call the shots, practice approved by most companies surveyed By Daniel Buenas DESPITE being smaller and more nimble, SMEs here still practise a chain-of-com-mand system where top managers remain the key decision makers and lowerlevel managers and employees simply carry out
      492 words
    • 422 10  -  Increasing number feel it is safe to use govt websites, survey finds By Joyce Koh NOT only do Singaporeans widely access government websites, they also feel the safest among their global counterparts in using them. This is the finding of a survey conducted
      Source: TNS  -  422 words
    • 157 10 THE Manpower Ministry's Work Permit Department (WPD) in Havelock Road will close next week from Dec 15-19 to allow for the upgrading of its computer system. The ministry said in a press statement yesterday that the upgrading is aimed at improving its services to
      157 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 493 10 &letreat to a CyPo rf(/ of r^o/t«/ tie n wmmm f In A City Of Endless Pursuits Sometimes, it's the smaller details that mean the most. The lighting in a room. A sense of calm. The warm smile of recognition as we welcome you back to A—4 your sanctuary in
      493 words
    • 305 10 In conjunction with China Trade Exposition 2003 Seminar on Doing Business in China CHINA: THE AWAKENING DRAGON —busmess 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
      305 words

  • REGIONAL news
    • NOTE Book
      • 65 11 Bloomberg [KUALA LUMPUR] Measat Global Bhd, controlled by Malaysian billionaire Ananda Krishnan (above), rose as much as a fifth after a 16-month trading halt in which the Malaysian satellite company reduced debt and improved operating profit. Measat shares rose 30 sen, or 7.8 per
        Bloomberg; NSTP  -  65 words
      • 90 11 Bloomberg [JAKARTA] Indonesia may get US$2.5 billion to US$3 billion in new loans from the Consultative Group on Indonesia, which includes the World Bank and other international lenders. "The amount of the loans is in the range similar" to an amount pledged
        Bloomberg  -  90 words
      • 102 11 Bloomberg [JAKARTA] Cemex Asia Holdings Ltd, a unit of Cemex SA, has sought arbitration over delayed accounts at Indonesia's largest cement maker PT Semen Gresik, of which the Mexican company owns a fourth. Cemex said in August it may seek arbitration over Gresik's failure to submit
        Bloomberg  -  102 words
      • 59 11 Bloomberg [JAKARTA] PT Bank Negara Indonesia, the nation's second-largest lender by assets, expects to recover about 1.05 trillion rupiah (Ss2ll million) from export loans that are now the subject of a fraud investigation by police. Indonesian police are investigating a possible fraud involving loans approved
        Bloomberg  -  59 words
    • 277 11 KUALA LUMPUR It may tap domestic bond market with asset-backed issue Reuters MALAYSIA will announce financing details for a US$3.B billion rail project by the end of next month, and may tap the domestic bond market with an asset-back-ed issue, industry sources
      Reuters  -  277 words
    • 241 11 KUALA LUMPUR Reuters MALAYSIA'S Derivatives Exchange said yesterday it would allow selective shares to be used as collateral for all its futures contracts, including the flagship crude palm oil futures. Exchange officials said the use of shares for initial margin deposit from early
      Reuters  -  241 words
    • 525 11  -  BT exclusive Tycoon seen to boost charity drive following change in M'sian leadership From Eddie Toh in Kuala Lumpur TYCOON Syed Mokhtar AlBukhary has embarked on his next philanthropic project a grand building to house his second charity foundation next to
      525 words
  • Page 11 Advertisements
    • 99 11 SPORT Multifunction i^~*~ ••>-"■ BrW w m fl W #> m. A m -1 nj i~""i -5? wj lit frlM 9 \jkm\ I fI|" I "-'J p|il r, 3°^|^ 4M \h...%---A filf N <r wf •r---""- y %&x% v m J h MM ■ffYkv\« „4- VNew Sport Chrono houses the
      99 words

  • EDITORIAL & opinion
    • 775 12  -  THE bottom line OPINION yogi aggarwal THE political equation in India has changed significantly after the BJP managed to wrest three of the four states in the Hindi speaking belt in elections to four state assemblies from its main rival Congress. In
      775 words
    • 54 12 'There is the dreadful prospect of the balkanisation of Iraq with boundaries drawn on ethnic and sectarian lines.' Hassan Wirajuda Indonesian Foreign Minister, warning that the war in Iraq served as a wake-up call for South-east Asia to get its own house in order to prevent similar
      54 words
    • 568 12 EDITORIAL ECONOMIC relations between Singapore and China —already quite robust—are poised to strengthen further, with several new initiatives underway. The establishment of a China Centre in Singapore to showcase Chinese goods and services in search of overseas markets and a bilateral free trade agreement were among
      568 words
    • 993 12  -  US tariffs and other protectionist measures will only slow down development and delay the inevitable, argues think tank From Leon Hadar m Washington ACCORDING to press reports, US President George Bush will remove all or most of the tariffs imposed on
      REUTERS  -  993 words
    • 865 12  -  COMMENTARY Beijing has much work to do before it can realise hopes of global leadership By William Pesek Jr Bloomberg CHINA is Asia's today; Japan is its yesterday. That's the unmistakable impression one gets travelling around the region these days. It's also wrong.
      Bloomberg  -  865 words

  • REGIONAL news
    • 468 13 BANGKOK Five-star air-limo service gathering pace as Thai businesses expand WITH the Stock Exchange of Thailand the best-per-forming bourse in Asia this year, one of the most common perks of the rich and famous chartering private jets is beginning to take hold
      FILE PHOTO  -  468 words
    • 386 13 SHANGHAI Second closure in two weeks hints at quickening reforms Reuters CHINA'S securities watchdog has shut a local brokerage for violating rules, the second such closure in less than two weeks, suggesting an overhaul of the sector is gathering pace. The China Securities Regulatory Commission
      Reuters  -  386 words
    • 174 13 KUALA LUMPUR Bloomberg EP Manufacturing Bhd and Robert Bosch, the world's second largest auto parts maker, plan to jointly make auto parts for state-controlled Proton, Malaysia's No 1 automaker. EP, a supplier of parts to Proton, will sign an agreement in Kuala Lumpur
      Bloomberg  -  174 words
  • Page 13 Advertisements
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  • REGION world
    • 576 14 BEIJING There are concerns how far and how quick China will go on its commitments AFP IN ITS second year as a member of the World Trade Organization, China has behaved like a below-average student, delivering its assignments at the
      AFP  -  576 words
    • WORLD Watch
      • 145 14 Reuters [NEW YORK] International Business Machines Corp (IBM) said yesterday it made an advance in nanotechnology that could make it easier to build smaller, better performing microchips for electronics such as computers and cell phones. Researchers at Armonk, New York-based IBM combined the ability of molecules to
        Reuters  -  145 words
      • 156 14 Reuters [SYDNEY] Richard Branson's Virgin Mobile venture is likely to be next Virgin Group business to go public and could be floated off in the first half of next year, the British entrepreneur said yesterday. Virgin is close to resolving a dispute with
        Reuters  -  156 words
    • 360 14 LONDON Reuters THE founder of Canary Wharf said yesterday there was no certainty he would make a counter bid, only days after voicing confidence that he could win a takeover battle for the British property firm. Canary Wharf, the owner of Britain's
      Reuters  -  360 words
    • 443 14 NEW YORK But the focus of his US visit is more business tie-ups Reuters CHINESE Premier Wen Jiabao prepared to hit Wall Street yesterday, cosying up to America Inc in a bid to highlight a desire for greater cooperation between the world's
      Reuters; AFP  -  443 words
    • 331 14 HONG KONG Reuters HONG Kong punters, flush with IPO fever, queued outside bank branches yesterday to subscribe for shares in the listing by China Life Insurance Co Ltd, which could be the world's largest this year at up to US$3 billion. "This is the
      Reuters  -  331 words
  • 49 14 UNIT TRUSTS FUNDS LEGEND Aft prices ere indicative excefrt for E* Rmggit Assets. Broadly Pinal lifted. I Wnowity formed. S Lwwr Risk. Low to Medium Risk, ft Medium to High Risk. Higher Risk. open-ended: MMMMMtaWMIi subdivision of units; Sf after stock spkc NA- Non Deefcng Day. M Roor Price4So.tlS
    49 words

  • REGION world
    • 336 15 BASEL, Switzerland Credit-rating downgrades, arrest of Russian business leader could threaten confidence Reuters SIGNS of a global economic recovery intensified in the months leading up to November, heralded by a return of investor confidence, the Bank of International Settlements (BIS) said on Sunday.
      Reuters  -  336 words
    • 203 15 BASEL, Switzerland Reuters US banks have firmly established themselves as the biggest users of offshore financial centres after leading a migration of money into the traditional tax havens in recent quarters, the Bank of International Settlements (BIS) said on Sunday. The BIS said in
      Reuters  -  203 words
    • 166 15 TOKYO AFP JAPAN'S computer giant NEC Corp has developed the world's smallest transistor in a breakthrough which could lead to the production of a supercomputer the size of a desktop PC, a report said yesterday. The newly developed transistor is only l/18th the size of
      AFP  -  166 words
    • 553 17 NEW YORK Media information seen having more credibility, reach than prospectuses Reuters NEVER underestimate the power of the press, especially in the often obscure world of initial public offerings. Frequent mentions of IPOs by the media can help drive up interest
      Reuters  -  553 words
  • Article, Illustration
    1107 15 Transaction date: Dec 8 INTERBASE CROSS RATES C$ *mt Euro m Ind Bi Buptaft Yen Won W B{ Pith >wo S$ Band Str UTS Bafct Pond USS Australia 0.964 6.132 0.606 5.736 33.670 62.755 0.795 8.765 2.808 LM2 ***** 40.881 1.264 4.644 0.943 25)69 29.466 0.428 0.739 Canada 1.037
    1,107 words
  • 1597 15 SICOM FUTURES Dec 8 RUBBER Futures (Closing prices) RSS1 (S ctntsAg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 04 212.50 Fefc 04 212.50 Mar 04 213.25 Apr/Jun 04 216.50 RSS 3 (UScurtVkfl) Volume Open Month High Low Sett (toftnes) Interest Jan 04 123.50 122.75 122.75 325
    1,597 words

  • 6 16 Transaction date: Dec 8
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  • 5 16 Transaction date: Dec 8
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  • 859 16 Transaction date: Dec 8 Wtfc— m (km tjgl W rn Omt amm» AMgraan 50c 040 1080 *0.020 NatStaal SOt 0 J7 2 050 *0010 CK 0.78 6.100 -0.100 OCBC 8.76 12.000 *0.100 CaprtaLand 1.19 1.540 -0020 OUt 048 6JS0 Chat SamiCond 26c 139 1.580 -0 070 Parlcway M 25c
    859 words
  • 622 16 BONDS WARRANTS Pran Entry Tel Lact Vat Com Eur Mk fear- MUh Ca4e Clap My hit «f- Ctm tofe Wo !■> Left 3696 ASTIW*****1 24.5 unch 47 1 16 -1 1*7 6 9697 Acma Ltd W*****6 1 1 50 467 9.00 11 3603 Amtefc W*****0 120 1 33 5 122
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  • Page 16 Advertisements

  • 6 17 Transaction date: Dec 8
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  • Page 17 Miscellaneous
    • 165 17 CRYPTIC CROSSWORD ACROSS p Crete, perhaps (9) DOWN quires ca P ftal 6 YESTERDAY S SOLUTION 1 Free French needed time to 14 Across: 1 Modest, 5 Madngal. write musical text (8) 15 Fabutous sto^elte( (8) 9 Paris Texas 10 Neep 11 2 Dnve away solicitor from iC Hexagram, 12
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  • FOCUS enterprise
    • 1035 18  -  The specialty chemicals producer stresses the importance of building good relations with its customers and its staff, reports Kenneth Lim Kenneth Lim BIG and impersonal are two words that do not belong together in the world of Alex Tan, co-founder and managing director of Matex
      1,035 words
  • Page 18 Advertisements
    • 98 18 jtw w VnWpV tB pVI aT Iw LI r J H 9k 3Kyilmil>ii>A*^jcj laughter a she v «ji 1 > J« everyday m harmony stand jr ff :;f/ t. I behind -4 to Our 4HfIP^ new Hybrid Synergy Drive jiL a gasoline engine with a powerful electric motor that never
      98 words

  • SHIPPING TIMES
    • 276 19 Reuters THE Baltic Dry Index rose 22 points to 4515, the Baltic Capesize Index rose 72 points to 6351, the Baltic Panamax Index fell 38 points to 4456 and the Baltic Handymax Index rose 279 points to *****. ITME-CHARTEB: SA Fortius *****0 dwt (built 2001) delivery Japan 19/22
      Reuters  -  276 words
    • 299 19 SGX '000 Dec8 SS W- Vol CH Offshore 034 -0.01 353 ChuanHup 0.46 0.01 1206 Cosco Investment 0.59 -0.02 3162 CWT Distribution 0.57 unch 0 Ezra Hldgs 0.88 -0.04 492 Freight Links 0.10 0.01 1095 GB Holdings .0.67 unch 15 Jaya Holdings 0.74 002 1208 K1 Venture 022
      299 words
    • 735 19  -  CRUISE INDUSTRY Current peak season bookings 20% higher: cruise centre director By Beth Jinks [SINGAPORE] Stronger than expected growth in the fourth quarter has softened the triple blows that Sars, the Iraq war and terrorism fears inflicted on Singapore's cruise industry,
      FILE PHOTO  -  735 words
    • 550 19  -  Popularity of cruising spurs more lines to send their ships Down Under From Evelyn Duffy in Perth AUSTRALIA'S cruising sector is riding a wave of optimism as cruise lines amend their schedules and send new tonnage Down Under to cater for surging demand
      550 words
    • 217 19 WITH economic impact studies showing that each cruise vessel injects Asl million (551.26 million) into the economy, port managers. commercial developers and marketing groups like Australia's cruise marketing association Cruise Down Under are doing all they can to encourage shipping lines to include Australia
      217 words
    • 340 19  -  NOL's freight rates up 21% in 4 weeks to Nov 14 By Donald Urquhart [SINGAPORE] Enjoying strong container cargo movements on the transpacific trade, Asian shipowners anticipate that a stable supply-demand balance in Asian export trades can be maintained for a few years.
      340 words
    • 112 19 AFP [ROME) A hydrofoil carrying passengers from the Mediterranean island of Capri to mainland Italy caught fire and sank on Sunday, without injury or loss of life among those on board, Italian port officials said. The fire started in the engine room shortly after
      AFP  -  112 words
    • AVIATION security
      • 959 20 With the recent warning that cargo aircraft may be the next target of terrorists, security measures pertaining to freight planes and passengers have become a heated issue LAT THE warning weeks ago was swift and simple: terrorists are considering using cargo aircraft freighters that
        LAT; FILE PHOTO  -  959 words
      • 3 20
        3 words
    • 3 24 thebusinesstimes
      3 words
    • SHIPS IN PORT
      • 747 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI PURPOSE TERMINAL BAYSWATER228 E3282 J3 A/SIDE 09/12 023C MARE THRACIU 012E J18/19 A/SIDE 09/12 100C NIC0 3 0812 J4 A/SIDE 09/12 063C NUSA JAY A 08/03J J8 A/SIDE 09/12 063C PAC SCORPIO V004 J15/16 A/SIDE 09/12 230( SINDORASERA 105/03 J15
        747 words
      • 2 25
        2 words
      • 164 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.
        164 words
      • 450 25 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        450 words
      • 84 25 U/T unflttarabt* TMt rwrt h kMM mi m ana>rM« ky ONV PftratMMi Swvtew «M to m aMtraet frm ttw» HOT —ta»— taat «ua»ty atatlattca **tc» HMX u partll»a«m «MM—ai i. My kunkar parts Nm kaan irwH tn aaa«rapMcal r*«tana tar kravftv. C«npwtM« haa kMii mM* attli
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    • AIR & LAND transport
      • 610 26 Counter closes at A$2.43 on hopes of bright prospects for low-cost carriers Bloomberg [SYDNEY] Virgin Blue Holdings Ltd's shares rose 8 per cent in their debut on optimism the discount Australian airline founded by Richard Branson will fend off a challenge from
        Bloomberg; AFP  -  610 words
      • 291 26 Reuters [TOKYO] All Nippon Airways (ANA), Asia's second biggest airline, said yesterday it had not ruled out buying Airbus's ambitious A3BO superjumbo, despite a newspaper report it was not considering the jet. The Times newspaper in Britain said ANA was not interested in buying
        Reuters  -  291 words
      • 210 26 Bloomberg [SEOUL] Incheon International Airport, South Korea's busiest, handled 8.5 per cent more passengers in November than a year ago, a third straight increase, as more South Koreans travelled overseas after the containment of severe acute respiratory syndrome. The airport, which serves Seoul, handled 1.85
        Bloomberg  -  210 words
      • 329 26 Sum will be much less than one billion euros reported in media: sources Reuters [FRANKFURT] German airline Lufthansa and retailer KarstadtQuelle are considering injecting more funds into troubled travel firm Thomas Cook, sources close to the airline and the travel firm said.
        Reuters; BLOOMBERG NEWS  -  329 words
      • 481 26 DUBAI AIR SHOW It aims to create a major travel hub to rival Dubai AFP [DUBAI] Qatar announced here on Sunday that it will soon invite tenders for more than US$2.5 billion in contracts to start building a new Doha airport which
        AFP  -  481 words
      • 320 26 AP [DUBAI] Emirates airlines announced a US$l.5 billion deal with engine manufacturers General Electric and Pratt Whitney for more than 100 engines to power an order of Airbus A3BO aircraft. The airline's chairman, Sheik Ahmed bin Saeed A 1 Maktoum, announced the
        AP  -  320 words
      • 416 26 AIRLINE cooes M Amman Artnes (ML). Af Ar franc* lAffti Al At India (AK) AY firm* Oy (FIN) AZ ATQU Artnes'AZA; BA. MM Arwtys PuUtc Ltd Co BAW) BC Bman Bangladesh Artnes (BBC). 81 Ray* Brunei Artnes Sdnßhd(RßA), BO Bouran Artnes (BOU) BP EVA Airways Corpn(EVA)
        416 words
  • Page 19 Advertisements
    • 9 19 Virgin Blue shares end debut 8% higher BACK PAGE
      9 words
    • 450 19 PEOPLE Singapore Shipping The International Association president £1 Maritime Prize for 2002 SS Tec has been elected was awarded to Frank chairman of the Federation wall of the United of Asean Shipowners' Kingdom at the IMCs Associations (FASA) for a 23rd Assembly, in PFIM two year term. Mr Teo H
      450 words

  • Page 20 Advertisements
    • 644 20 Tmport I NORTH AMERICA AUSTRALIA/NEW ZEALAND ISUPEfI SHUTTLE EXPBEBS (SBX) I [AU6THAUA ASIA EXPRESS (AAX) 1 VESSEL VOY LG4 SIN PKG i i 111 T~~~~ PtO NEDUOYD STUYVESANT 20W47 M/ll U/12 14/12 P&0 NEDUOYD HOUTMAN ISW4I 03/12 21/12 23/12 P«0 NEDUOYD ADELAIDE 71N OMH 01/12 03/12 05/12 09/12 14 12
      644 words
    • 474 20 /<*»o)v Lines services represented by \»n»y Snipping Associcfton H ULY UWE MAI£ /\VESSEL VOY ETA ETA ETA A P. KLAMG SPOKE MALE Princess Lily 1103 16/12 18/12 27/12 Mold Star 544 A 18/12 20/12 29/12 Kindia 305W 30/12 09/01 ULY MARINE SERVICES PTE LTD 1 NORTH MDGf ROAD, #21-10, HWH
      474 words

  • Page 21 Advertisements
    • 1088 21 TO USA (SAX SERVICE) VtSStL VOT SIN ETA |UX OAK Mi HOU CHI COi MEM ATI NTC API CANADA 11K 10/12 25/H 29/12 29/12 29/12 29/12 29/12 29/12 01/01 01/01 IAMSCOnAMP 122E 17/12 01/01 05/01 06/01 06/01 06/01 13/01 13/01 16/01 16/01 API lELGIUM 120€ 24/12 06/01 12/01 13/01 13/01
      1,088 words
    • 1466 21 GENERAL AGENTS N SINGAPORE 80 ROBINSON RO #12-00 SALES BKGS TH. 6420 5857 /43 FAX: 62X5321/24 COSTAR SHIPPING PTE LTD SINGAPOREO6BB96 OUTWARD®/U wsm 6238 5325/75 ram v? B "wnm( TEL 6226 1900 (MAIN) INWARD<D/0) *****786 *****319/49 WUUUUM T/SHIPDEP 6420 5825 6238 5316/46 JOHOfTS OFFCE CONVENTIONAL *****850 *****208 COSTAfi AGBKCS (M)
      1,466 words

  • Page 22 Advertisements
    • 565 22 JTTTB r\CI MAC IHOUMWOOKHW: >*****44 FAX: M367W I-MAIL: ifhna—dim—.com.»g UCLIYIMO OOCU*iBMTATK>M#/OHIHATK>N#: 633M637 FAX: 533M177 iMJUUcmrnMMUMi wucowtawh mvkiw wist awca* a»ort wssa r 1 wt I sugawme powuuwc I uw»y»i pom j iamm 1 comw j I 347* IS/1? 14/1? 94Z51 IVQI j 2S/01 |f/Q| 3 hp 22/12 23/12 07/01 19/01
      565 words
    • 641 22 WXWAN HAI LINES Y*' T«l: *****588 Fax: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: 1 NHAVA SHEVA CALLING SIN EVERY WEDNESDAY PUSAN SHANGHAI CALLING SIN EVERY FRIDAY For more details, call HOTLINE: 6226 1588 1800-*****00 —y NORTRANS SHIPPING AGENCIES A/ f I Z\ 29 Int'l Business Park *05-05 Acar Bldg
      641 words
    • 535 22 BSA a. MYANMA FIVE STAR LINE (Mvowmt Natioaol Um) loodlftf for Ymgon vissa voy sin m pa m HPA-AN 31SW SU PAGAN 32JW 01/12 IN MALAYSIA: BOUSTtAD SHIPPING AGCNCIES KUL 01-*****300 P*L 03-*****101 PIN: 04-*****02 ACCEPTIK CONVENTIONAL C6O Vtssa VOY HIG SIN PGU PM IIK FtIBOSS 51 SID SU) SU)
      535 words

  • Page 23 Advertisements
    • 1389 23 VtSSIL VOY KHH HHP SIN PKL DXB RAI PMM UK IRAN KERMAN PC 1340 SKIP 06/11 10/12 SKIP 17/12 11/12 24/12 26/12 SEA NAVIGATOR PCL4OI7 SKIP SKIP 10/12 11/12 17/12 It/12 24/12 26/12 IRAN LOUSTAN PCLBOI4 SKIP SKIP 16/12 13/12 25/12 26/12 01/01 03/01 IRAN SATTARI PCLSOIS SKIP SKIP 19/12
      1,389 words
    • 652 23 i UK CONTINENT SERVICE Loading for KALMA RTM/ATW/BM N/U K/NAN Loads Singapore. EVW Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for J FRIEND DBI/ABU/DOH/BRN/DMM/KWT P LAMER DBI/ABU/DOH/BRN/DMM/KWT 'Loads Singapore. E-AN. Malaysia, Indonesia USA SERVICE Looting for SEABEE CAM/NFK/SAV/NOL AVENTICUM CAM/NFK/SAV/NOL 'Loads EVW Malaysia Indonesia F.E./S.E.A. SERVICES S pore Loading for TBN INC/BSN
      652 words
    • 835 23 JESfI *21 SHI EfiU -ffiSa Jffll SM mt JkLMm 10HN 09/1? 09/1? -EAUUUI tlMfi 11/1? H/» tAKOA IM7M 10/12 '</)? UUSJEIZZZ_MZ4 14/1? u/» PACMWPA 109 m 11/12 12/1? Pif SIMII tlllll 14/1! M/H fAC lANPA 1099H H/1? 14/12 ALAMJATA 2 M 75 I ?1/12 21/1? PAC iamda um UZI2 is/12
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  • Page 24 Advertisements
    • 38 24 Here Comes A New to South"Pacific N SUVA, LAUTOKE (FIJiy&ffiHEWCTAHITI) Check it out on Page 3, Shipping flmes A New Weekly Express Service to NHAVA SHEVA, India has just been inaugurated. Turn to Page 4 for more details.
      38 words

  • Page 25 Miscellaneous
    • 124 25 w i gti2oe l g REGIONAL WEATHER JB FOR 7AM 9 Dec 2003 3EE3S? 22 1 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche
      124 words