The Business Times, 5 January 2004
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2004-01-05
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The Business Times
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Title Section19 2004-01-05 1 THE BUSINESS TIMES SINGAPORE I lnt°iTifri h". .'/!~>i i J iness-times.asial com.sg MONDAY. JANUARY 5, 2004 MITA (P) 024/03/200319 words
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Article, Illustration471 2004-01-05 1 Carrier has to trim margins and costs now to avoid PSA's mistakes [SINGAPORE] Singapore will be "diminished" if it loses its airhub status, and the government will not let this happen, Senior Minister Lee Kuan Yew said. Citing PSA's471 words
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443 2004-01-05 1 Andrea Tan - Space of 130 sq ft is almost 28% lower than global average By Andrea Tan [SINGAPORE] Singapore office workers operate within a miserly 130 sq ft of space per workstation behind even their Hong Kong counterparts. According to a DTZ443 words
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Article67 2004-01-05 1 Week Change STI 1791.15 +6112 KLSECOMP 788.49 +8.47 NIKKEI 225 IU676.64* +259.23 HANG SENG *****.48 +344.78 SET INDEX 772.15# +3756 JAKARTA COMP _7«449 +25.18 MANILA COMP 1442,17* +1457 TAIPEI WPI 6041.56 +184,15 SEOUL COMP 821.26 +3141 SHENZHEN B 268.69 -624 AI'ST ALL ORD .*****0 +38.80 DOW JONES —*****.85 +85.1867 words
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Article74 2004-01-05 1 FOREX RATES US* S$ US$ (S$ per l'S$) 1:702 £(l!S$/S$ per 1.786 3.040 ETR0(l'S$/S$/E). 1158 1141 YEN 106.9 6180 KM 3.800 1232 HKS 7.764 4.561 BAHT 39.56 23.24 RITIAH 8,442 4.959 RENMINBI 8198 4.875 INDIAN RUPEE 45.60 26.78 AS 1.328 0.780 NZ$ 1.525 0.896 PWim RATES SINGAPORE* 525 MALAYSIA74 words
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549 2004-01-05 1 Serena Ng - BT exclusive OCBC puts funds on watch list; some distributors still selling them By Serena Ng [SINGAPORE] At least two third-party unit trust distributors in Singapore have stopped selling funds of Alliance Capital Management in the wake of the recent US549 words
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Article, Illustration649 2004-01-05 1 Teh Hooi Ling - No economies of scale if CPF funds spread too thinly By Teh Hooi Ling [SINGAPORE] The government will limit the provision of low cost, privatelymanaged pension plans (PPPs) in which Central Provident Fund members can invest in to just two649 words
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Page 1 Advertisements
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Advertisement135 2004-01-05 1 jmi tlcshc's trltite kiihjht «L Eddie Chng j on why the past of the company is not important VK BizIT P- iG INSIDE BTCOMMENT India: Asia's surprise economy of 2003—and maybe 2004 Vlkram Khanna, Pg2 SOUTH ASIAN SUMMIT Leaders of seven South Asian nations seek free-trade accord. Pg9 SHIPPING Singapore135 words
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Article, Illustration605 2004-01-05 2 Expect mm security-driven flight cancellations, UK minister warns AFP AP [LONDON] British Airways, which has seen profits cut by terrorism fears and wildcat strikes, plans to slash another £500 million a year from its costs, it was reportedAFP; AP - 605 words
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468 2004-01-05 2 [LONDON] Clifford Chance, the world's largest law firm, has emerged as the leading European merger and acquisition adviser, ousting long-standing rival Linklaters from the number one slot, the Financial Times reported. But year-end league tables published by Mergermarket also show an increasing468 words
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Article, Illustration747 2004-01-05 2 vikram khanna - BT comment ECONOMICS Its growth backbone consists of more than just IT and back-office outsourcing vikram khanna What was Asia's surprise economy of 2003? My pick would be India, and having recently returned from a visit there and met with policymakers and747 words
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Page 2 Advertisements
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Advertisement152 2004-01-05 2 W <L. ■nHIBIPHSCT MBA "The MBA with More than 1500 Hull alumni in Singapore with more than 200 CEOs, "This MBA is net only about theory, VPS, MDS and GMS but applications <mdpractical situations. UK Ist Division University and experienced. After this MBA, I am now better equipped when problems152 words
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Advertisement58 2004-01-05 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 10 ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T: +€6 6535 3382 F: +65 6535 3991 E singaporedocra.com.sg58 words
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Advertisement35 2004-01-05 2 f J yelling your car? Reach out to more readers by advertising in The Straits Times Classified. Call our C.A.T.S. hotline at 1800-289-9988 and l&Al&J our friendly sales personnel Se Find 11 will serve you.35 words
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SINGAPORE companies
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Article, Illustration760 2004-01-05 3 Joyce Koh - Eddie Chug believes in growth for Heshe, shows confidence in new CEO By Joyce Koh AFTER lying low for the past three years, the once controversial former chief executive of Serial System, Eddie Chng, resurfaced on the corporate scene last week asARTHUR LEE - 760 words
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725 2004-01-05 3 al labita - HOCK lock siew al labita SHOULD the Singapore Exchange buy a 30 per cent stake in the Philippines Stock Exchange (PSE), it will be welcomed not so much for its equity infusion, but more for the professional expertise it will bring. The PSE, a merger725 words
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Article, Illustration669 2004-01-05 6 Kenneth Lim - 'IC Lee left Stats in 2000 for a break but ended at sival firm five months later By Kenneth Lim it; Lee ten sr Assemoiy est Services (Stats) in 2000, ve years after he helped rt up the company,ARTHUR LEE - 669 words
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Article, Illustration776 2004-01-05 6 Kenneth Lim - Win or lose, more are making themselves heard By Kenneth Lim WHETHER you think of them as heroic underdogs or annoying busybodies, minority shareholders are making themselves heard loud and clear. But a look at some of the high-profile minority rights cases last year776 words
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Page 3 Advertisements
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Advertisement41 2004-01-05 3 d.C!toK)®®ls)' No. j in_Singapore sn n Mi -jfjHH Goh Joo Hin Pte Ltd 116 Pasir Panjang Road Singapore *****0 Tel: (65) *****900 www.gjh.com.sg Stntx 1940 MMfttllVHrt riFairPriss Cold Storage miBHl v iBMH Carretour <f> 000* Mobil m <M«r 3.000 ouSM 111.41 words
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SINGAPORE markets
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Article, Illustration805 2004-01-05 4 r. sivanithy - BT comment STOCKS r. sivanithy A SHORT while ago. US Investment bank Morgan Stanley created a stir in the local market when it called a "downgrade" on Singapore because of declining liquidity Indicators in the US. A few months prior to that, Morgan StanleySource: Bloomberg - 805 words
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Article, Illustration570 2004-01-05 4 AFP [HONG KONG] Despite end-of-year holidays shortening the trading week, major Asian currencies made fresh gains on the ailing US dollar. Japan— yen: The yen gained ground during the week against the US dollar as the US unit remained under pressure on concerns overAFP; AFP FILE PHOTO - 570 words
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Article61 2004-01-05 4 Events investors can watch out for Carvtag*, Jan 5 NwrMhigtrEiMlpoMTMh, Jan 7 Aumlho's ovMan4 payapat, Jan 5 pay—t, Jan 5 Jan 6 > W» pay nt, Jan 7 Bayowloa'a piyiit, Jan 8 MvlMgHatCtAMNi ptyiwt, Jan 8 peyweet, Jan 9 lOT Notingi's dhMsnd pay nt, Jan 9 Wlitf T«T•61 words
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Article, Illustration976 2004-01-05 5 teh hooi ling - BT portfolio STOCKS teh hooi ling THE last week of December has been superb for our portfolios, with aN five outrunning the Straits Times Index (STI) market benchmark. The one-year top losers portfolio shot up 17.2 per cent last week, thanks976 words
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Article, Illustration990 2004-01-05 5 ROBERT HALILI - ISIDE MARKETS Corporate insiders were more active last year than a year ago, and took advantage of the Sars-induced market slump to pick up undervalued shares, says ROBERT HALILI ROBERT HALILI THE year 2003 was another turbulent one for investors in the SingaporeFILE PHOTO - 990 words
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Article, Illustration339 2004-01-05 5 R Sivantithy - HOT STOCK WARRANT By R Sivantithy LAST week, we featured the DBS call warrant on UOB, an instrument which has now rewarded its holders handsomely from an issue price of around 20 cents, holders can now sell it for 31.5 cents,Source: Bloomberg - 339 words
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Article195 2004-01-05 4 mbi« f uoa Mi imk bbb mmmmm r mm mm mm rum MitovNtOc MUrniMk 1Mb Q-ta MaGflk r "«nn IHK 1Mb mm mm* mwrn ink no* mm l«n* M 1MB 2MB *k» CaMBhcSt m 4MB 1MB MittB I ll« »Bi OH* 1MB CM«% I ta Mi KM* 2Mb195 words
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Article, Illustration1587 2004-01-05 4 Compiled by Ihomson Financial I/B/E/S Number FORECAST Taipei The stock recommendation is the average of all the recom- of EPS Pt hrke mendations submitted by analysts following the stock. There TheiM/ustweek Estimate* ffl (tmes) (S) is a total of 29 brokers submitting recommendations but not 7— every stock1,587 words
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Page 6 Advertisements
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Advertisement1459 2004-01-05 6 df NOTICE TO CRCMTORS Of MEETING IN THE MATTER Of KEEN WOH ENGINEERING WORKS A TRADING PTE LTD held Equity Plaza, Singapore *****5 on Monday. 12 January 2004 at 5.45 p.m (or the blowing purposes: AGENDA 1. To lay before the creditors a full itutsnient of the affairs of the1,459 words
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Advertisement13 2004-01-05 6 [HT©*n Lianhe Zaobao M |[M|rfKtMSl market I I I JtSSKaS I iwiaw ri13 words
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Advertisement95 2004-01-05 6 tITOF I university off san francisco llui I Educating Minds and Hearts to Change the Worid Master of Science in Financial Analysis About the Master's Degree Program; Gain rigorous training in knowledge required by the CFA program Master fundamental economic techniques for evaluating financial assets Intensive 4 week CFA Reviews95 words
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SINGAPORE news
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Article, Illustration721 2004-01-05 7 Raju Chellam - BT exclusive 11.7% of mobile subscribers in S'pore will use MMS in 2004, more than S Korea, Taiwan By Raju Chellam SINGAPORE will lead in MMS (multimedia messaging system) usage this year in 10 key countries in the Asia-Pacific region outside of721 words
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213 2004-01-05 7 THE Central Provident Fund Board is launching its "CPF Investor Education Site" today to help CPF members make more informed investment decisions. This dedicated site aims to introduce CPF members to the basics of investments. It also carries various CPF Investment213 words
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MNEWSRoundup
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133 2004-01-05 7 DEPUTY Prime Minister Lee Hsien Loong yesterday said he was confident the Singapore economy would achieve the target growth of between 3 and 5, per cent this year. Speaking to reporters after handing out hongbao hampers at Teck Ghee to the needy, Mr Lee also133 words
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153 2004-01-05 7 COORDINATING Minister for Defence and Security Dr Tony Tan said Singapore is focused on strengthening its aviation security, including developing devices to deflect surface-to-air missiles fired at commercial planes. Dr Tan's comments were made against a backdrop of recent flight cancellations from London and Paris to153 words
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116 2004-01-05 7 AMID the growing global economic challenges, management and unions must work closely together, union chief Lim Boon Heng said yesterday. Speaking at the Keppel Offshore Marine family day, the secretary-general of National Trade Union Congress said tripartite relationship had worked well for Singapore and "we will116 words
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Article62 2004-01-05 7 MINISTER of State for Education and Community Development and Sports Chan Soo Sen will visit China from Jan 5 to Jan 15 to learn from the mainland's erperignrg in Chinos langnagP education and latest innovative teaching methods. Mr Chan will visit Suzhou, Shanghai and62 words
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Page 7 Advertisements
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Advertisement85 2004-01-05 7 UCLA-NUS EXECUTIVE MBA |j| i| I YOU'VE READ BOOKS I I ON MANAGEMENT, I I NOW STUDY WITH THOSE I I WHO WRITE THEM. I Transform your future with a truly global perspective on leadership and management. Capitalize on the immense resources of two Pacific Rim powerhouse business schools in85 words
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REGIONAL news
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Article408 2004-01-05 8 Diana Oon Abdullah - Swift conclusion to general elections will lift market: analysts From Diana Oon Abdullah m Kuala Lumpur DESPITE a lacklustre start to the year, when the benchmark index dipped 5 points to 788 points last Friday, analysts are confident the stock market is going to408 words
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Article, Illustration689 2004-01-05 8 eddie toh - BT comment KL STOCKS Mew M'sian PM steps confidently out of Mahathir's shadow eddie toh NEW Malaysian Prime Minister Abdullah Ahmad Badawi has proven that he is capable of emerging from the shadow of his former boss Mahathir Mohamad. In just two months, Mr Abdullah has689 words
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675 2004-01-05 8 Diana Oon Abdullah - NEWS analysis From Diana Oon Abdullah in Kuala Lumpur BARELY a week after the introduction of a new motor tax structure, motor companies are still working out the detailed implications of the regime on the cost of producing cars, and their subsequent675 words
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575 2004-01-05 9 BEIJING Southern Securities cillapse highlights risk of investing in China markets AFP Bloomberg A MAJOR Chinese securities brokerage has been seized by government regulators in the latest probe into a high-profile trading firm suspected of mismanagement and irregularities, state press reported yesterday. China SouthernAFP; Bloomberg - 575 words
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Article, Illustration731 2004-01-05 9 ITC's innovative concept, e-choupal, links farmers in rural central India to those around the globe NYT AT least once a day in this village of 2,500 people, Ravi Sham Choudhry turns on the computer in his front room and logs in to the websiteNYT; PHOTOS: REUTERS. AFP - 731 words
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Article, Illustration408 2004-01-05 9 India and Pakistan ready to sidestep political differences Bloomberg [ISLAMABAD] Leaders of seven South Asian nations yesterday began a summit meeting in Islamabad to clear the way for a freetrade accord and boost economic growth in a region that is home toBloomberg; AFP - 408 words
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276 2004-01-05 9 KUALA LUMPUR It says similar ads are used by other budget carriers AFP BUDGET carrier Air Asia has rejected accusations by Malaysia's tourism minister that it misled customers by flailing to honour advertisements that offer tickets for as low as RM1.99, news reportsAFP - 276 words
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Page 8 Advertisements
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Advertisement1407 2004-01-05 8 g M THE MATTER Of THE COMPANIES ACT. CAP M AND M THE MATTER OF FORCERELD STATIC MANAGEMENT SYSTBRS (S) PTE LTD (M Mwem'¥ltaM«nUpHMl») NOTICE OF RESOLUTION 4A CulaWJkMluiAM I At an extraordinary (ienerai Masting ot the Company held at 16 Shaw Road #05-01 lON Butting Singapore *****4, on Tuesday1,407 words
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Advertisement60 2004-01-05 8 1 MEMTUS MANDARIN SINGAPOR.H jsOE YANGZHOU "BA GUAI" CUISINE 6 1 J> lanuary 2004 Lunch 12.00 noon to 2.30 pm (Mon Sat) 11.30 am to 2.30 pm (Sun Public Holiday) Dinner BSj)fT 6.30 to 10.30 pm (Daily) MA Reservations: 6831 6262/66 c m nisi lESIAULAKT MERITUS MANDARIN 333 Orchard Road,60 words
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Page 9 Advertisements
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US DOLLAR outlook
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Article, Illustration1354 2004-01-05 10 A sudden plunge, which some analysis say is possible because of the burgeoning US current account deficit could undermine markets NYT THE US dollar plunged against most of the world's currencies in 2003, putting in its third-worst performance since it began trading freely in theNYT; LUDWIG ILIO/ST - 1,354 words
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855 2004-01-05 10 COMMODITY WeeklyRoundup AFP [LONDON] Gold was the standout performer in a generally sleepy postChristmas week for the commodities market, the metal rising to near-eight year highs, due mainly to the plummeting US dollar. Elsewhere, there was relatively little action, with most markets closedAFP - 855 words
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Article, Illustration1018 2004-01-05 10 FINANCE COMMODITIES Week ended: Jan 2 SniOAPORB OOTBRMMBMT aUUUIUTlHS IWPICATITB PRICES AMP YIELDS Htm On Ifafrttr Ufrt gjgj NS*****N 3.5 01FO 2004 110©.«/A 100.23 L029/0J59 R99M0IT 1375 19 KAY 2004 1100 J9/A 100.94 0.09/0.752 N*****0C 1125 15 NOV 2004 I W3.65/A 103.7 0.054/0.798 W00W0X 4 01 f» 2005 1103.23/A 103.201,018 words
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WORLD news
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523 2004-01-05 11 SEOUL Staff at S Korean units bribed govt officials or colluded with other firms AFP SOUTH Korean prosecutors said yesterday that 48 people have been indicted for bribery and other irregularities in a corruption probe involving the local subsidiary of US technologyAFP - 523 words
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Article, Illustration455 2004-01-05 11 BASRA, Iraq Reuters BRITISH Prime Minister Tony Blair, Washington's closest ally in the war to overthrow Saddam Hussein, made a surprise visit to occupied Iraq yesterday to praise the 10,000 British troops serving in the country. Speaking in the southernReuters; EPA - 455 words
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WORLDWatch
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Article112 2004-01-05 11 AFP [MUNICH] Bayern Munich general manager Uli Hoeness has admitted the club would consider floating oil the stock market if they failed to compete with other European big guns such as Manchester United or Real Madrid. The German champions are in the processAFP - 112 words
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Article74 2004-01-05 11 Bloomberg [SEOUL] LG Card Co may face a liquidity crisis unless its creditors agree today to a group bailout of the South Korean credit card company, a Woori Bank official said. "If all creditors don't agree to the group bailout proposal by Monday, LG CardBloomberg - 74 words
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65 2004-01-05 11 Reuters [SEOUL] South Korea's Finance Minister Kim Jin Pyo said yesterday he expected the country's record number of credit defaulters to Call in coining months. "As the number of new credit defaulters fell in the fourth quarter, I expect the total number of creditReuters - 65 words
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Article92 2004-01-05 11 [BRUSSELS] Belgium has been forced by the European Union's statistics office, Eurostat, to change the way itwill book proceeds from the sale of the pension Amd of Belgacom, the national phone operator, the Financial Times reported. Eurostat is expected to rule soon on whether the Belgian government92 words
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357 2004-01-05 11 LONDON 2006 employment levels will match 2001 peak: survey Reuters EMPLOYMENT levels in the City of London's financial community are forecast to hit a new all-time high by mid-2006 as banks start hiring staff again after two years of cutbacks, a survey showedReuters - 357 words
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335 2004-01-05 11 NEW YORK Partners include DirecTV and entrepreneurs of Vivid Reuters UNIVERSAL Music Group, the world's largest record label, is teaming up with satellite broadcaster DirecTV and business partners behind a prominent pornography video company to launch a music channel featuring uncensored videos.Reuters - 335 words
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Article, Illustration673 2004-01-05 11 ASK for your complimentary copy of Hie Business Times on weekdays at any F&B outlet at Fa East Square, courtesy of DBS (while stocks last). Far East Square has more than 35 food and entertainment outlets, including those featured here. m„ impenai ran wok 70-74 Teiok673 words
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Article, Illustration724 2004-01-05 12 MILAN US watchdog probing whether they were negligent in selling feed group's bonds Reuters INTERNATIONAL banks felt the heat from the multi-billion-euro Parmalat scandal on Saturday as the US Securities and Exchange Commission said it was investigating whether they were negligent or reckless byReuters; REUTERS - 724 words
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Article, Illustration1006 2004-01-05 12 Neil Behrmann - A petential US interest rate kike could mar rosy outlook for American economy From Neil Behrmann m London FORECASTS invariably turn out to be wrong and 2003 proved no exception. If 8 generally better to wait than rush into new investments inAFP; AFP, REUTERS - 1,006 words
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343 2004-01-05 12 TOKYO 70% see business improving, up from 8% last yean pell AP JAPANESE companies are optimistic about their prospects in 2004, reflecting a turnaround in business confidence as the economy slowly recovers from a de-cade-long slump, surveys in three major newspapers said yesterday. Seventy perAP - 343 words
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324 2004-01-05 12 TOKYO Reuters THE Japanese government will soon show it is making progress in efforts to return to a balanced budget, despite record debt issuance planned in the next fiscal year, Economics Minister Heizo Takenaka said yesterday. The government is on courseReuters - 324 words
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Article, Illustration644 2004-01-05 13 SAN DIEGO He says US economy went into only mild rocession after stock bubble burst NYT Bloomberg Reuters SALAN Greenspan, the of the US Federal CReserve Board, claimed vicJtory on Saturday in the jFed's three-year battle to jllimit the damageNYT; Bloomberg; Reuters; AFP - 644 words
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123 2004-01-05 13 Reuters [SAN DIEGO] US Federal Reserve governor Ben Bernanke said on Saturday that Fed board governors and the presidents of the *l. U regional Fed banks do not coordinate on economic conditions, as common misperception that there is coordination among governors and FedReuters - 123 words
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415 2004-01-05 13 SAN DIEGO They have several tools to use to boost economy Reuters CENTRAL bankers faced with a weakening economy and already low interest rates should act "preemptively and aggressively" to avoid a situation in which rates may have to beReuters - 415 words
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Article769 2004-01-05 13 NYSE cleans house selectively Two firms get the boot but others that fail to meet listing standards are spared Reuters [NEW YORK] The New York Stock Exchange has cleaned house in recent days, showing the door to two companies that for months failed to meet its listing standards or fileReuters - 769 words
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Article598 2004-01-05 13 BONDS WARRANTS M Lai Vat (mm tar *0? fiaar-'SlZ Cade C—pir M> «ar- P»1 ia4>a W hi U> 36M AST1W*****1 305 7.5 962 1 M -I 157 5 3C97 AcnaUdVMMIIM 1 uridl 71 1 SO 410 1050 10 ma AmMkWO501O 117 -3 SI 33 -4 154 '.1 1KB Armstrong VV040S20598 words
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Page 13 Miscellaneous
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Miscellaneous180 2004-01-05 13 CRYPTIC CROSSWORD 6 t 4 e y reaiiharcicasesinthis (6) 6 Sinuous slave dance (5) —^^l"~ 10 Is it operated by the ring-fin- 7 Make sweet turnover to foi--11 A relatively historical figure 8 —W—BW—PI—W 12 Got out of doing something 13 Return to the country, the 13 whenteTl! t0 90180 words
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OIL PRICE outlook
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Article, Illustration1227 2004-01-05 14 A look at the factors that will send it rising, among them China's increasing demand and the weak US dollar NYT [HOUSTON] THE price of oil this year will turn on several developments around the world, among them the rise of China's economy, whetherNYT; REUTERS - 1,227 words
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Article1255 2004-01-05 14 SXGOM FUTUII1S Jan 2 V 1 I"" 11 IWWflt Miftt (Oitfrt mtseMbAo am Mhm opaa MjO «|t I— mi do—») lataraat Fab 04 ***** Mar 04 219.75 Apr 04 ***** May 04 222.75 J»04 ***** MS* 04 225.75 nSSdftcaMtf VoiMM Opaa Maatt Mid lav Satt (Inns) Marast Fa* 041,255 words
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BizIT
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550 2004-01-05 15 Web Watch's list off some of 2003's hottest Internet services LAT-WP [WASHINGTON] Innovation flowered online last year, some three years after dotcoms started dying in the wake of the Internet investment bubble bursting. Here's a list of what Web WatchLAT-WP - 550 words
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Article, Illustration315 2004-01-05 15 Bloomberg [LOS ANGELES] Dell Inc. the world's No 2 PC maker, will offer 12 months of zero-interest financing for the first time on products including PCs and digital music players. The offer, available to US residents with approved credit for purchasesBloomberg - 315 words
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Article, Illustration806 2004-01-05 16 Raju Chellam - BT exclusive The company signed US$500m in key Asia-Pacific outsourcing wins in the last six months alone. Raju Chellam finds out more Raju Chellam US giant HewlettPackard Company will push for IT and BPO (business process outsourcing) deals in telecommunications, financialCHRIS LOH - 806 words
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Article, Illustration273 2004-01-05 16 Amit Roy Choudhury - Compiled by Amit Roy Choudhury Motorola's Ughteet phone MOTOROLA Singapore has unveiled its smallest and Hghtoat ranwyn phone yet Called the Motorola C 550, it offers a variety of functions like an integrated VGA digital camera with zoom and brightness control, vivid colour display, Java downloadable content, voice recognition273 words
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Article, Illustration450 2004-01-05 16 Amit Roy Choudhury - 'Big event'costing US$1b in damages likely this yean TruSecure Corp By Amit Roy Choudhury EXPECT more attacks from fast-acting worms like SQL Slammer, Blaster and Nachi this year. There will also be an increase in "zero-day" attacks, or attacks against software vulnerabilitiesSource: - 450 words
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237 2004-01-05 16 AFP [SEOUL] South Korean prosecutors said 48 people have been indicted for bribery and other irregularities in a corruption probe involving the local subsidiary of US giant IBM Corp. The Seoul District Prosecutors Office said 12 people had been arrested andAFP - 237 words
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179 2004-01-05 16 Bloomberg Reuters [SEOUL] SK Telecom, South Korea's biggest mobilephone operator, said it will offer discounts of as much as 35 per cent on phone bills, after markdowns by its rivals. Its discounts come a week after regulators approved cuts of as muchBloomberg; Reuters - 179 words
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325 2004-01-05 16 Raja Chellam - By Raja Chellam BY next year, one-third of all IT outsourcing deals will be measured using business not technology— > metrics. That's because cost reduction will remain the dominant driver to persuade companies to out-' source their IT operations. That prognosis comes from Gartner325 words
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Article226 2004-01-05 16 Bloomberg [CHICAGO] Worldwide semiconductor sales rose 26 per cent in November from the year-earlier month as demand rebounded, the fourth straight month of accelerating growth, Oppenheimer Co analyst Quinn Bolton said. Sales rose to US$l6.l billion from US$l2.B billion based on a three-monthBloomberg - 226 words
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Article6380 2004-01-05 15 Week ended: Jan 2 SHk W Lat M We* U*q—H GrMv Ot* CrTW MM 8BCa» I—I I— Ode CIIIWHI Ml w- (•»«■> NN» Law Bayer »*i C» M M 69.5 39 5 5834 A-Sorec 54 +9 ***** 54 45 53 5 54 117 1524 I 5300 MNAnvoNLS 56c6,380 words
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Article69 2004-01-05 15 JH* w um M Wmk ItQ—i Mb Mr trtM MM MQb rii l«» w- fM8| MM I— tmm Utm Cm m >3 1710 2000 MS Dumondl— US2060 2100 MOO 6095 BOiUSTadl US3740 6097 ISMSO 5po»» US555 4101 IS SAPS® US8270 9650 9650 CI 71 SKMS UMBO isit 123069 words
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Article336 2004-01-05 15 O* M laal M Ml kaalfrMa Mk M> 6rVM M HQ* KMI taar ta* C— »wr w- nil —I taar —ar j*r Cw Wi ia 193 6000 AVJanrangi A25c A1« unch 240 190 1«7 IIS ISO M 5J 12 4BU coin Cathay Pac 20c HK720 US 2.1 7.4336 words
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SHIPPING TIMES
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Article275 2004-01-05 17 Contributed by Simpson, Spence Young THE sentiment for 2004 remains positive and with China's growth rate cited to be even greater than 2003, the omens are that the market will remain firm and active. ♦Cosmar: 44,415 Tdw Bit 2/82 Espanoles Crs 2/22 ts Reported sold region U555,400,000 toContributed by Simpson, Spence & Young - 275 words
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Article250 2004-01-05 17 SCX *000 J—2 55 W- VaI CNOMm 0J8 OuOl 3117 OlMRHUp 040 0.01 m Cesco kwaRinant 065 003 ***** CWTDtarfeutton 0.56 001 33 EnHUa 0.97 0.06 562 FrckMUnks 013 0.01 1746 GIHoidlngi .0.72 002 22 Jaya Holdings0 83 003 1812 KlVantura .022 001 11*5 KappalCorp 630 0.20 1334250 words
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Article, Illustration601 2004-01-05 17 Beth Jinks - It expects new highs in container throughput, cargo, tonnage and bunker sales By Beth Jinks [SINGAPORE] A recordbreaking year in 2003 will see the Port of Singapore set new highs in container throughput, cargo tonnage, bunker sales andFILE PHOTO - 601 words
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Article, Illustration363 2004-01-05 17 Beth Jinks - They control an increasing number of vessels, he says By Beth Jinks [SINGAPORE] Asean shipowners must "exert influence" on international maritime .regulations, according to Singapore Shipping Association (SSA) president Teo Siong Seng, who has just been elected chairman of the Federation363 words
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224 2004-01-05 17 Beth Jinks - By Beth Jinks [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) has cut fees for mandatory courses and at its integrated simulation centre (ISC) by an average of 19 per cent this year. The cuts apply to 13 of the assessment224 words
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Article, Illustration685 2004-01-05 18 David Hughes - LINER SCENE One of the most threatening clouds on the horizon is the huge slide in the dollar's value By David Hughes THERE is no denying that 2003 was a much better year for the liner shipping industry thanAFP - 685 words
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Article203 2004-01-05 18 PAGE Austral Al S Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 Crocodile Line 4 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 Ed 3 Eng203 words
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Article12896 2004-01-05 23 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyege TelephbM ETA ETA Advertiser Vessel Voyege TaMplMM SIN Dest'n Nam* Nam* Number Number SIN OatCn Nm Nam* ((limber....... Number amMMBwaMM»>mHMWme88W8si]oiDaiwiMiiioimwcnicD3cii]tooMociGaiKioiiODtioioacooocDiCMo;o][o; mwm m twmfxmmi 24/01 25/02 CMACGM CMA CGM TUCANO 24SA *****57*0 ABIDJAN (ABJ) 2003 Coto D'lvoirs W» 2V02 nyk capmatapan aois12,896 words
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SHIPS IN PORT
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Article512 2004-01-05 25 Voaaol Voy No Berth Arrival Doparturc JURONG PORT/MULTI-PURPOSE TERMINAL OAXIN 010E J17/18 A/SIDE 05/01 0500 GH OFFSHORE3 01/04J J3 A/SIDE 05/01 0630 HAZEL ACE 96 J15 A/SIDE 05/01 0700 VILLE D MARS N13C J18/19 A/SIDE 05/01 1400 YONGAN 0305 J6 A/SIDE 05/01 1500 ASIAN ROSA LI 03 J7512 words
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Article1614 2004-01-05 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth UaMA I/mi WlMf c*n 1— |i_i>. name voy »oy Mnning rafnof AO OAHUA 071S 071S 1 0601/2004-700 0601/2004-2000 AOMBMSOH 067N 0B7N I 0601/*****00 0601/2004-2200 AOtMAWKOU) 008S QMS 1 0501/2004-700 0501/2004-1830 KM AMOA 4005 COS 1 0601/2004-15001,614 words
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Article117 2004-01-05 25 Jan 12 Japan: Adulthood Day. Jan 19 United States: Martin Luthei Birthday. Jan 22 Brunei: Lunar New Year. China: Lunar New Year. Malaysia: Lunar New Year. South Korea: Lunar Holiday. Taiwan: Lunar New Year. Vietnam: Lunar New Year. Singapore: Lunar New Year. Jan 23 China: Lunar Holiday. Malaysia:117 words
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Article821 2004-01-05 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 average sized stem Market movements are indl cated The Cockett Bunker Price Index change and821 words
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Article470 2004-01-05 25 Carton 160 Mix 991.6 0.9 M.8 0.06 65 0.04 Doc 25 Densttv Water RmUm AsMImMmm iitiiit No *ovt E25 2 0 0 0 0 0 380 Am 966.1 t2 13.0 0 M 30 0.02 Um 380 Mu ***** CL6 17.0 0.0® 66 04U wutn %M/M »MW470 words
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AIR & LAND transport
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Article, Illustration596 2004-01-05 26 Seven int'l flights headed to the US have been cancelled since Dec 24 Reuters [WASHINGTON] US intelligence picked up what officials believe were specific threats to the spate of inbound flights cancelled in recent days, sometimes only shortly before they were dueReuters; AP - 596 words
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Article, Illustration244 2004-01-05 26 Source: US Department of Security, AFP SINGAPORE is among the 27 countries whose emzeflSWHTnot have to be photographed and fingerprinted when they arrive at arty of 115 airports In the United States from today. The US government aims to fingerprint and £*11SUSairports In 2(104, without clogging theSource: US Department of Security, AFP - 244 words
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224 2004-01-05 26 AFP [HONG KONG] Hong Kong carrier Cathay Pacific is in talks with Washington on implementing a US recommendation for foreign airlines to deploy air marshals on flights amid fears of possible terror attacks. Cathay's corporate communication manager, Lisa Wong, said the Hong Kong-basedAFP - 224 words
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181 2004-01-05 26 Reuters [HONG KONG] Hong Kong's second carrier has tightened security on flights to and from Taiwan after receiving a warning from the island's authorities, the airline said on Friday. Dragonair did not reveal the contents of the message but the Apple Daily newspaper reportedReuters - 181 words
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192 2004-01-05 26 AFP [RIYADH] Saudi Arabia was not informed of security threats which led British Airways (BA) to cancel three flights to the kingdom, according to Interior Minister Prince Nayef bin Abul Aziz. "Although the channels between (BA) and us are open, they did notAFP - 192 words
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Article, Illustration399 2004-01-05 26 Radar readings showed it made unplanned turn before falling to sea AFP [SHARM EL-SHEIKH, Egypt] The Egyptian chartered plane that crashed on Saturday, engaged in an unusual manoeuvre before plunging into the sea, an Egyptian minister said. Radar readings showed that theAFP; AFT - 399 words
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218 2004-01-05 26 AFP [HANOI] Vietnam Airlines has set itself a target of carrying Ave million passengers in 2004, which if reached would be an increase of about 20 per cent from last year, state media said. The national carrier expects almost half, or 2.4 million, of theAFP - 218 words
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Article1869 2004-01-05 26 em fusht n* men cn 7 aM mm mm earn oo* M *40 S0403 ono onto 0220 EM04 1350 nut) 0300 IbiIiiM $023 0630 (LAM 2330 JCTC ,7J. ZZZ! "*J" QM30 IMO $0404 2325 0®3C ura fcjc Frvfttart LM97U 005 Uims MS $025 0655 S0326 M251,869 words
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Page 17 Advertisements
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Advertisement16 2004-01-05 17 FREIGHT FORWARDER urgently needed by small shipper Can they find you here in the Shipping Times''16 words
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Advertisement111 2004-01-05 17 BACKPAGE r Isfc Australian Maritime College Blfe Australia's National Institute for Maritime *VaakiMjau« toucaoon, i raining ana nesearcn I- nrs ■sSBBHB Btf you seek strong Industry recognition Bi maritime-related businesses, thereto no Abetter place to upgrade your quafificabons. Maritime Management •12 MMntW MBA with strong maritime focus Suitable for Degree,111 words
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Page 18 Advertisements
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Advertisement739 2004-01-05 18 fem TO UBA/QtlUW< 1 I BO>Q*T II OTHER DESTINATIONS I I |VBS* \m |WE pig|u»BM«I^M4US|»US7O«|MaOHg|o^|MWTOM|E TO AUSTRALIA IAUBTRMJA AMACXPIWBM msMtaßßWss mm 01*1 v/n la* v/%\ 30/h a/oi tmi ji/»i ygsa yorl tttat'l rw «Imo st» loa I ~ST no won mm* in jwb ivoi ivw I 3W mm mm mm739 words
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Advertisement422 2004-01-05 18 linn jarvicw nq*wanted by l ij.. I*i Mambarj of Ragalry of ISSS tfjgf JSr^ 9o^^ I'^1'^ y SingtyOT Shaping Auoridion cnnumy /nVJ/ cokvwtkhui oueo vary ktapkl eta sin etamale luubh NEW •>»! BMI Kata Ifcfap TUAK3 UW 2&* l UUf ESS SERVICES SINGAPORE MUM—— hcONM VAV HAK7 AGENCIES SON BHD422 words
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Page 19 Advertisements
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Advertisement1149 2004-01-05 19 TOiUKOPE FROM EUROPE vesa Ivor an at bim abb ham orv sou~iir||vßa iwbimihmiw«bi«»| HIUMfIMML 340W05/01 23/01 25/01 17/91 11/01 WWW WWW *****/1J 15/12 17/1211/110/01 AM ADAH 117W00/01 20/01 30/0131/01 M&NMHY 0171 IS/12 11/12 20/1221/12tt/VI IPIOMBS OIIW 00/01 25/01 27/01 30/0131 /W MM 1111 H/12 21/1214/12 07/01 BWBOIIOOIFBOOBI 310W 11/01 30/011,149 words
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Advertisement1474 2004-01-05 19 cowtiomiiim ■inri it soon mcmc nuun of COSTIR S SHIPPIN6 PTI ITD $eK?sn o*sw ,MI wraffip/u m= I SUVA LAUTOKA (FLU) I anuwmXl™"* TiL»n* .99 9u«, mmo/o, Mtt sm oiaJm/ii I MMTf/TtIMTII WWW MIOS42S *****14/4* I rATOEIt (IMlIf JOHOtSOWa COKVWTWtAI MHUH ******01 I aWMMBMBBBiW— TE:OMS9I44 91:07-*****0 Ki/vor sw Htt sha1,474 words
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Advertisement435 2004-01-05 19 <BSa WT_ Si JP HC OX M WW PCS 1 VBSB. [TOT I MMjiT I SU> 1 HKC I PSW I PUS IK I HTMBAITUPIWSKM 13SS 7/1 W IVI It/1 11/1 21/1 21/1 UITC JAMHA 3IIS 4/1 1/1 11/1 IT/1 20/1 2VI KTItOMBS «72S IVI 17/1 21/1 2VI */l H/l435 words
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Advertisement486 2004-01-05 20 ertCl lUIAC HWW FAXi WM7«M HWU WWWwn iiulh vCLIYIMw DOOUIMWTATIOWtWmTIOWI mm IT NOb WMOIT7 fVBSft W "5T ISJMON LUANDA KWTI NOW HAT AM UNIVtil AMJANTIMA 10MI TMCAM COTONOU APAPA DOIUU DMTrih 25/01 M/Ol 07/01 05/02 31/0 I 03/02 05/02 07/01 (H/W 11/tt ilflT b— 001* 01/01 IQ/0I ISfll 03/01 13/486 words
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Advertisement234 2004-01-05 20 Wl VASCQ MARITIME PTE LTD. OFFERS WEEKLY CONTAINERISED SERVICES FROM SINGAPORE/MALAYSIA/INDONESIA TO INDIA NHAVA SHEVA. MUMBAI, KANDLA, CHENNAI, CALCUTTA AU CDS PAKISTAN KARACHI INLAND SECTORS, ALSO SERVING AFGHANISTAN ARABIAN OUT DUBAI, ABU DHABI, SHARJAH. BAHRAIN. DAMMAM, BANDAR ABBAS KUWAIT SOUTH lAST ASU P. KLANG, PENANG, PASIR GUDANG, JAKARTA, SURABAYA, BANGKOK,234 words
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Advertisement1531 2004-01-05 20 WAN HAI mimnahonal FH LID SSSSS WIWAN HAI LINES 1«- w n*««Mjui?nra» m m.'JmLw NU. mvn<nm I n«:VißnaakmßMniMa:»tiaiMnw:iKi)aiinvaMai www "tm qmmirlvi) omjmum tmmwmmi wt nun jEmint KM fifi !ffi !t|j2l iffi 5® 231 n* IMI MI EK ss ac SSI gs r V Mi M*! Ml Ml Ml Ml I»1,531 words
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Advertisement798 2004-01-05 21 I WML VW IttW I id I W I Hfl. I 6XI lAi IbMM MK S(A NAVKMTOt PCLOOII W» 04/01 11/01 11/01 >0/01 31/01 34/01 30/01 CAN HHO PCL3OI9 SJQP SKIP 10/01 10/01 27/01 20/01 03/03 04/03 ■AN SATTARI PCUO3O U» HOP 33/01 34/01 03/03 03/08 00/03 10/03 SUNAMOARM PCLOO2I798 words
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Advertisement513 2004-01-05 21 i |OJII UK CONTINENT SERVICE Loadbig tor ASIRAT RTM/ATW/BMN/U K/NAN Loada angppom. EJW. Indonealß MIDDLE-EAST SERVICE Loadbig tor PLAMER DBt/ABU/DOH/BRN/DMM/KWT GRAIN TRADER JDH/AQA PAN BRIGHT DBV ABU/DOH/BRN/DM M/KWT VTC STAR D6I/ABU/DOH/BRN/DMM/KWT *Loada E/ft Indonaaie USA SERVICE Loadbig tor AVENDCUM CAM/NFK/SAV/NOL NENA F CAM/NFK/SAV/NOL MAUKKANAREE VCW/LAX/MZL •Loada E7W. Malayafc. Indonoala F.E./S.EJL513 words
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Advertisement781 2004-01-05 21 -BUI— WT m m wo* Sf Sfl- asst. M—»B—M-—H«-=if=-sfr- lag' a Hia nfiti lIM »/»i ■■nnffßnniHiiß iWH=Mh-M —aah ™™pip F I 1 «/oi 10 m i 15i 1 nm \MI IbjaiM 1 Erfiigbwn 1 711-7* 1U liiiymn > *****4*11 P. Jui—a i 07-231 «71« U«Wv t 741-UO 63 JmU t781 words
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Page 22 Advertisements
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Advertisement495 2004-01-05 22 urn 04-07/01 14-15/01 20-21/01 IS >14/01 ?i 22/01 6£Si I ■■■■nOaitlDGi 151* 17-11/01 24-25/01 31-01/02 MO lifi/81 2J22/OI £31/01 I soi 13-14/01 2123/01 30-31/011 BBBSBSSK^qi^ ■fgtßSmOiy 593 11-12/01 25-2i/01 ■KMHSSSi ST SSSi WW 5S?i I MMMlMrimi sonde 55i 12-12/01 14-1 yoi it-Mi ■jBE333BSSTw^4SI^T«J?^on^Hz^^ I^iirMriuinuTmr6RBUpl (flnimi I I OWNS A OPfRATfS495 words
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Advertisement760 2004-01-05 22 T v FREICHT LINKS EXPRESS PTJWTD^ 51 Penjuru Road, 3 Level, I Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 IT E-mail: flesin@singnet.com.sg LCL SRRVICR TO JAPAN/INDONISIA/PHIUPPfNIS/CANADA OSAKA KORI JAKARTA VANCOUVIR I YOKOHAMA NAOOYA CIRU TORONTO 1 TOKYO SURARAYA MANILA MONTR KAi Booking 6267^ 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 BW V MIOJKT760 words
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Advertisement1023 2004-01-05 22 lib |PDZ LINES I MM ■Jr*, OSraHMCinktIJISSM NULItI7-IIW I SBKAPOU: TOM JOO SMPTM PTI (TO IhK I IS™ ■—torn m m/%\ M*i fw <wi W/II hi/ii w,qwMu>» <Mi «y/»i H/ii <m w/»i Imwmmms ma 11/11 n*i rnsm L»i it/»i u/»i kmum l«wiU/»i lis/iiltiiib—i looliy/n n/ii I Iwwbi «m is*i ly/ii1,023 words
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Advertisement170 2004-01-05 22 MEAKBULK A CONVENTIONAL SKVKE DMCCT SCRVKS FROM S'PORI TO KARACHI ivtssa |SB nAsmtfOß mimoi orotwatofcn lI3HW »-g/W/W SEA-PAC MANAGEMENT PTC. LTD. 70 Amon ted •17-07/Qt Apw Taw, Inppm *****S Telephone: *270 0*77 V| Nnhrihi 6275 2309 WMB IS4I7MIWAC PWfCT «N NAMPO, PAR. KOR«A I vcsa WTig rasMWOM TW MOI IUSiMUM170 words
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Page 25 Miscellaneous
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Miscellaneous129 2004-01-05 25 120 e B REGIONAL WEATHER /if* jfOt^l igtfa^jjr'^*.—ro^mC^~ -f^B: W '^Jr'l''? 4 3BSSE&Q&* It^ Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols v" Showers Full circle w/o line indicates calm or light and variable winds p a j n 1 One half fleche represents 5 knots Cloudy Day129 words
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